Full text of Survey of Current Business : April 1982
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APRIL 1982 / VOLUME 62 NUMBER SURVEY OF CURRENT BUSINESS CONTENTS THE BUSINESS SITUATION 1 National Income and Product Accounts Tables 9 Gross Product by Industry, 1981 20 The High-Employment Budget: Revised Estimates and Automatic Inflation Effects 21 Growth of U.S. Multinational Companies, 1966-77 34 Errata 46 State Personal Income, 1979-81 47 Revised County and Metropolitan Area Personal Income 49 "The Social Security Contributions Equations of the BEA Quarterly Model" 72 U.S. Department of Commerce Malcolm Baldrige / Secretary Robert G. Dederick / Assistant Secretary for Economic Affairs Bureau of Economic Analysis George Jaszi / Director Allan H. Young / Deputy Director CURRENT BUSINESS STATISTICS General SI Industry S19 Footnotes S33 Subject Index (Inside Back Cover) Carol S. Carson / Editor-in-Chief, Survey of Current Business Manuscript Editor: Dannelet A. Grosvenor Managing Editor: Patti A. Trujillo Staff Contributors to This Issue: Wallace K. Bailey, Leo M. Bernstein, Robert L. Brown, David W. Cartwright, Edwin J, Coleman, Frank deLeeuw, G. Christian Ehemami, Douglas R. Fox, Bruce T. Grimm, Linnea Hazen, Thomas M. Holloway, Ned G. Howenstine, Eric R. Johnson, Daniel J. Larkins, Elizabeth H. Queen SURVEY OF CURRENT BUSINESS. Published monthly by the Bureau of Economic Analysis of the U.S. Department of Commerce, Editorial correspondence should be addressed to the Editor-in-Chief, Survey of Current Business, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, D.C. 20230. First-Class mail.—Domestic only: Annual subscription $50.00. Single copy: $5.50. Second-class mail—Annual subscription: $30.00 domestic; $37.50 foreign. Single copy: $4.25 domestic; $5.35 foreign. Foreign air mail rates available upon request. Mail subscription orders and address changes to the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402. Make checks payable to Superintendent of Documents. Second-class postage paid at Washington, D.C. and at additional mailing offices. The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of the public business required by law of this Department. Use of fun<ids for printing this periodical has been approved by the Director of the Office of Management and Budget through April 1, 1985. U.S. DEPARTMENT OF COMMERCE DISTRICT OFFICES AL, Birmingham 35205 90HS. 20th St. 254-1331 AK, Anchorage 99513 701C St. 271-5041 AZ, Phoenix 85073 201 N. Central Ave, 261-3285 A R. Little Hook 72201 320 W. Capitol Ave. 378-5794 CA, Los Angeles 90049 11777 San Vicente Blvd. 824-7591 CA, San Francisco 94102 450 Golden Gate Ave. 556-5860 CO, Denver H0202 721 - 19th Si, 837-3246 CT, Hartford 06103 450 Main St. 244-3530 FL, Miami 33130 25 W. 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Wisconsin Ave. 291-3473 NY, Buffalo 14202 111 W.Huron St. 846-4191 SC, Columbia 29201 1835 Assembly St. 765-5345 WY, Cheyenne 82001 2120 Capitol Ave. 778-2220 the BUSINESS SITUATION L/EAL GNP declined in the first quarter of 1982 at a 4-percent annual rate.1 A decline of a similar size had occurred in the fourth quarter of 1981, and smaller changes that offset each other had occurred in the third and second quarters. This sequence put real GNP in the first quarter of 1982 almost $33 billion—or about 2 percent—below its year-ago level. Moreover, GNP was little changed from its 3-year-ago level. There are several ways of viewing the yearlong economic weakness. One way is to break out the widely recognized decline in motor vehicle output. As shown in table 1, this decline accounted for about one-third of the $33 billion decline in real GNP. Another way is to look at production as the sum of final sales and the change in business inventories. Changes in these aggregates contributed about equally to the GNP decline. Within final sales, aside from a sharp decline in motor vehicles: personal consumption expenditures increased, but only moderately; nonresidential investment was unchanged, with an increase in structures offset by a decline in producers' durable equipment; residential investment and net exports plummeted; and government purchases increased slightly. In government, purchases by the Commodity Credit Corporation and defense purchases increased; other Federal purchases and State and local purchases declined. Protracted weakness in economic activity has generally been associated with some slowing in the rates of price and wage increase. In what follows, recent developments in prices 1. "Real," or constant-dollar, estimates are in 1972 dollars. Quarterly estimates in the national income and product accounts are expressed at seasonally adjusted annual rates, and quarterly changes in them are differences between these rates. and wage rates are examined in this perspective, along with labor market developments. Prices.—GNP prices and prices of final sales to domestic purchasers, as measured by fixed-weighted price indexes, increased 5l/2 percent at an annual rate in the first quarter (table 2). The prices of goods and services in these two measures—those produced by the United States, and those purchased in the United States—had increased in the range of IVz-QVz percent in the three prior quarters. The deceleration was pervasive, but most pronounced in the prices of personal consumption expenditures (PCE). PCE prices increased 5l/2 percent at an annual rate, down from a range of 6V2-8 percent in the three prior quarters. Prices of PCE other than food and energy increased 6l/2 percent, compared with a range of 8-9 l/z percent. In the first quarter, increases slowed for medical care, residential rents, telephone charges, and, because of rebates, motor vehicles. PCE energy prices declined 1 1 /2 percent, re- flecting changes in gasoline and fuel oil. As in the three prior quarters, the worldwide excess supply of oil weakened retail prices. PCE food prices increased 6 percent, somewhat more than in the fourth quarter. A special factor was higher prices of fruits and vegetables due to crop damage caused by severe weather. Wage rates.—Increases in wage rates have shown a marked deceleration during the past year. Throughout 1980 and early in 1981, the Index of Hourly Earnings, which is adjusted for changes in industry mix and overtime in manufacturing, had increased in the range of 9-10 l/z percent at an annual rate. By mid-1981 the increase had slowed to 8-8 Vfc percent, and in the fourth quarter to IVz percent; the deceleration had been concentrated in manufacturing and trade. In the first quarter, the lower rate of increase in the Index was maintained. The course of wage rates will depend upon the outcome of the heavy collective bargaining schedule—about 3.7 million workers are Table 1.—Recent GNP Patterns [Billions of 1972 dollars, seasonally adjusted at annual rates] Change from preceding quarter 1981: I GNP Motor vehicles.. Other . Final sales Motor vehicles Other Personal consumption expenditures Nonresidential fixed investment Residential investment Net exports Government purchases Change in business inventories... Motor vehicles Other 1982 : I Change: 1981 : I to 1982 : I 1981 : II 1981 : III 1981 : IV 1982 : I 1,516.4 -6.0 5.4 -17.4 -14.8 1,483.6 -32.8 Percent -2.2 56.4 1,460.0 1.8 -7.8 -1.3 6.7 -9.0 -8.4 -2.3 -12.5 45.6 1,438.0 -10.8 -22.0 -19.1 -1.5 1,517.8 -18.2 1.3 -6.7 6.9 1,501.1 -16.7 -1.1 62.4 1,455.4 -10.9 -7.3 5.6 -4.3 -9.7 3.0 7.4 -.6 54.9 1,446.4 -7.5 -9.0 -12.0 912.7 3.4 4.8 -.2 4.2 924.9 144.1 51.0 56.2 291.4 .2 -3.2 -3.6 -4.0 .2 -5.1 -3.0 -1.3 2.0 -3.3 -2.7 7.2 -2.5 -1.1 -1.4 .4 144.0 38.3 45.5 -1.4 12.2 4.1 -10.7 -21.7 -17.5 -16.1 -6.0 4.6 12.8 -.6 -7.1 11.2 .8 -11.4 -9.7 -12.0 -9.2 -8.3 -3.2 -12.9 12.2 -12J -10.7 2.3 1.3 -24.9 .8 SURVEY OF CURRENT BUSINESS Table 2.—Fixed-Weighted Price Indexes: Change From Preceding Quarter [Percent change at annual rates; based on index numbers (1972 = 100), seasonally adjusted] 1981 I Gross national product II 1982 IV III I 10 2 79 95 5g g Equals' Final sales 103 79 95 86 56 Less* Exports Plus: Imports 11 7 11 8 56 4 50 74 34 19 27 37 56 Less: Change in business inventories 10.3 7.3 8.0 7.9 57 Personal consumption expenditures Food Energy Other personal consumption expenditures 10.9 64 302 80 6.5 5 83 82 82 86 3 97 7.2 43 69 83 53 62 14 63 Other1 Nonresidential structures Producers' durable equipment Residential Government purchases 9.5 90 9.9 10 1 93 8.6 81 11.8 60 86 77 81 8.5 75 74 91 62 7.5 63 5 10 9 62 70 65 60 60 73 30.4 6 14.3 83 10.1 45 102 60 12 10.7 8.6 89 9.2 75 89 9.7 95 97 9.3 85 92 56 61 61 Equals: Final sales to domestic purchasers Addendum: Food and energy components of GNP:2 Food components3 Energy components4 GNP less food components GNP less energy components GNP less food and energy components 1. Index number levels for the fourth quarter of 1980 through the first quarter of 1982 were: 203.1, 207.7, 212.0, 216.0, 220.8, and 224.1. 2. Inasmuch as GNP is a sum of final products, the food and energy estimates in this table do not take into account the effect on the prices of final products of changes in the prices of the food and energy that are costs of production. 3. Consists of all components for which separate estimates are prepared. The major component that is not included is purchases of food by the Federal Government other than transactions by the Commodity Credit Corporation that are treated like purchases. 4. Consists of all components for which separate estimates are prepared. The major components that are not included are (1) exports of energy, (2) the gasoline and motor oil portions of inventories of gasoline service stations, and (3) the energy portions of inventories of businesses that do not produce energy for sale. 5. The Federal pay raise accounted for 1.2 percentage points of the increase in the index for GNP and 5.4 percentage points of the increase in the index for government purchases. NOTE.—Index number levels are found in the National Income and Product Accounts Tables, tables 7.1-7.2. covered by major agreements expiring or reopening in 1982, compared with 2.6 million in 1981—and increases under existing contracts negotiated in earlier years. Under the existing contracts, about 4.3 million workers are scheduled to receive deferred increases in 1982. These increases average 9 percent on contracts without cost-of-living adjustment (COLA) clauses and Sl/2 percent on those with COLA clauses. (Fifty-six percent of workers covered by major contracts have cost-of-living protection.) The recent slowdown in the Consumer Price Index (CPI), which is the basis for adjustment in most contracts, should hold down COLA's this year. The increase in the CPI from February 1980 to February 1981 was 11V* percent; from February 1981 to February 1982 it ws ll/2 percent. Furthermore, some increases scheduled in 1982 under existing contracts may not be realized. As in 1981, contracts in financially troubled industries may be Table 3.—Wage Changes in Major Collective Bargaining Settlements [Percent] Quarterly average at annual rates, 1981 Annual average 1979 All industries: Over life of contract First year . . Manufacturing: Over life of contract First year . Nonmanufacturing: Over life of contract First year Contract construction: Over life of contract . . . . First year Source: Bureau of Labor Statistics. • . . . 1980 1981 II I HI April reopened and increases in wages reduced, deferred, or canceled. Wage increases in major collective bargaining settlements had trended up in 1980 and through the second quarter of 1981. In the fourth quarter, the latest quarter for which data are available, deceleration was substantial and pervasive (table 3). Settlements in early 1982 by tedmsters and auto workers point to a continued moderation in wage demands in return for increased job security. Prompted by the slump in motor vehicle sales and the companies' associated financial troubles, contract negotiations were reopened early in the year. In March/April, 6 months in advance of the scheduled renewal, the United Auto Workers and the two largest auto companies reached an agreement. Under the agreement, workers gave up two annual 3-percent pay raises and the equivalent of 2 weeks paid time off a year, and deferred three COLA raises due in 1982; in exchange, the companies agreed to reduce layoffs and plant closings and to experiment with lifetime job security programs. Table 4 shows compensation per hour, an alternative to the Hourly Earning Index that is broader in that compensation includes employer contributions to social insurance and to private pension and welfare funds. The sector of the economy covered by this measure is the nonfarm business economy other than housing. This sector has registered declines in real product beginning in the second quarter of 1981. Increases in compensation Table 4.—Real Gross Product, Hours, and Compensation in the Business Economy Other Than Farm and Housing: Change From Preceding Quarter [Percent change at annual rates; based on seasonally adjusted estimates] 19 81 ' IV 6.0 7.4 7.1 9.5 8.1 10.1 6.5 7.2 9.7 11.8 9.4 11.8 5.6 9.3 5.4 6.9 5.4 7.4 6.3 7.3 6.0 6.7 6.6 8.1 7.9 9.4 5.0 6.0 6.2 7.6 6.6 9.5 7.5 10.2 7.2 7.9 9.0 11.7 8.6 10.3 5.5 9.8 8.3 8.8 11.5 13.6 11.3 13.5 10.3 11.4 11.1 12.9 12.4 16.4 11.7 11.4 1982 I II III IV Real gross product .. Hours Compensation 8.2 31 15.5 -1.2 18 6.9 -1.4 10 9.9 -7.9 13 5.4 Real gross product per hour Compensation per hour Unit labor cost 50 6 -24 66 ' - 2 120 6.7 88 8.1 88 11.5 68 14.4 '80 8.2 I -3.1 29 4.9 1. Increases in employers' contributions for social security in the first quarters of 1981 and 1982 accounted for 2.4 and 0.6 percentage points, respectively, of the increases in compensation per hour. An increase in the minimum wage in the first quarter of 1981 accounted for 0.7 percentage points. SURVEY OF CURRENT BUSINESS April Table 5.—Employment by Industry: Change From Preceding Quarter CHART 1 [Seasonally adjusted] Personal Saving Rate 1981:IV Thousands Goods-producing Mining Construction Manufacturing Durable goods Primary metal products .... Fabricated metal products Machinery, except electrical Electric and electronic equipment Transportation equipment Other Nondurable goods Food and kindred products Apparel and other textile products. Printing and publishing Chemicals and allied products Other Service-producing Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Government Total . Thousands Percent 538 22 -46 514 -405 -55 -64 22 -45 -115 104 -109 3 -26 7 5 -82 89 -28 -15 2 5 133 -7 . . 1982:1 21 1.9 11 -2.5 -3.3 48 -4.0 9 -2.1 -6.1 35 -1.3 2 20 .5 -.5 -2.9 .1 -.5 -.3 (J) .1 .7 (M -449 Percent Percent -628 -5 -102 -521 -372 59 -54 82 -35 57 -85 -148 4 -44 0 12 -88 52 -42 36 99 6 60 -35 -2.5 -.4 24 -2.6 -3.1 -5.4 -3.5 33 -1.7 -3.2 -3.0 -1.8 2 -3.5 0 -1.1 -3.2 .1 -.8 7 .6 .1 .3 -.2 -575 -.6 I I ! t 77 1976 79 78 80 81 82 Note.—Personal saving as a percentage of disposable personal income; based on seasonally adjusted annual rates. U.S. Department of Commerce, Bureau of Economic Analysis 82-4- 1. Less than 0.05 percent in absolute value. Source: Bureau of Labor Statistics. per hour have slowed to 7-8 percent at annual rates. However, because productivity performance continued to be poor, unit labor cost continued to increase substantially. Labor market conditions.—Labor markets weakened further in the first quarter. The household measure of employment fell 489,000 and the payroll measure 575,000. The employment decline reduced the employment-population ratio (which is based on the household survey) to 57.3 percent, its lowest level in almost 5 years. Since the third quarter of 1981, both the household and payroll measures of employment have declined about one million. By industry, the decline has been widespread and especially sharp in manufacturing; only a few service-producing industries registered increased employment (table 5). Moreover, the number of people who worked less than full time for economic reasons—i.e., because of slack work or because they could find only part-time work—rose from 5.6 percent of the "at-work" nonfarm 'population in the fourth quarter to a record 6.0 percent in the first. Partly as a result of the increase in part-time employment and a decline of 0.2 hour in manufacturing overtime, average weekly hours dropped from 35.0 in the fourth quarter to 34.7 in the first. Table 6.—Selected Measures of Unemployment [Seasonally adjusted] Unemployment rate (percent): Industry: Construction • Services Retail trade1 Demographic group: Adult men Teenagers Whites Blacks and others Occupation: White-collar Blue-collar Total • Reason for unemployment (percent of total): Job losers Layoffs • • • Permanent separations Job leavers Reentrants Total . p Preliminary. 1. Not seasonally adjusted. Source: Bureau of Labor Statistics. • • • • III II I IV 1982 19 81 19 30 1979 IV II I IV III I' 10.6 11.7 5.4 6.4 2.9 12.0 16.4 5.3 7.7 3.1 15.3 24.8 6.0 7.8 3.4 16.1 22.4 6.3 8.1 3.4 14.2 17.4 6.2 8.3 3.5 14.0 17.7 6.4 9.0 3.5 15.4 11.8 6.6 8.2 3.2 15.9 12.2 6.5 8.5 3.5 17.8 16.9 7.0 9.0 3.7 18.2 20.9 7.2 10.8 4.0 4.4 5.7 16.2 5.2 11.2 4.9 5.8 16.4 5.4 11.9 6.2 6.4 17.9 6.5 13.2 6.6 6.6 18.7 6.8 13.8 6.3 6.7 18.2 6.6 13.8 6.0 6.6 19.1 6.5 13.2 6.1 6.6 19.2 6.5 13.7 6.0 6.7 19.1 6.4 14.4 7.2 7.2 21.1 7.4 15.4 7.7 7.6 22.0 7.7 15.9 oo 7.5 6.0 3.4 8.2 6.3 3.8 10.5 7.3 3.8 11.1 7.7 3.9 10.6 7.4 3.9 10.1 7.4 4.0 9.8 7.4 4.0 9.7 7.4 4.3 11.8 8.4 4.5 12.6 8.8 10.6 10.7 11.2 12.4 13.4 14.1 13.8 14.0 13.2 13.8 45.0 15.4 29.6 13.5 13.0 28.5 100.0 47.4 16.9 30.5 12.6 12.5 27.6 100.0 52.4 21.6 30.7 12.0 10.8 24.9 100.0 54.2 21.9 32.4 10.9 11.1 23.7 100.0 53.2 19.0 34.2 11.0 11.2 24.6 100.0 50.4 16.5 33.9 11.5 12.4 25.8 100.0 50.5 16.5 34.1 11.6 12.1 25.7 100.0 51.3 16.3 34.9 11.3 11.9 25.5 100.0 54.1 20.1 34.0 10.3 11.0 24.7 100.0 56.1 19.1 37.1 9.4 11.2 23.2 100.0 SURVEY OF CURRENT BUSINESS Bad weather during the survey week in January also contributed to the measured decline in average hours. The unemployment rate averaged 8.8 percent in the first quarter, and in March equaled the post-World War II high of 9.0 percent set in May 1975 (chart 1). The rate had declined little during the short, weak recovery from the 1980 recession; during most of the recovery, it hovered around 7.4 percent. Thus, when the rate rose sharply late in 1981, it quickly reached record levels. As is usual during a recession, the differential between the unemployment rates for adult men and adult women has narrowed and the differential between the unemployment rates for "blacks and others" and whites has widened. Since the third quarter of 1981, the rate for men has been as high as, or higher than, the rate for women; since the second quarter, the differential between the rates for "blacks and others" and whites has increased one percentage point (table 6). Part of the explanation for the cyclical behavior of these differentials lies in the industrial and occupational distribution of employment by sex and race. Women are heavily concentrated in service-producing industries, which are less cyclically sensitive than the manufacturing industries and blue-collar occupations in which men are disproportionately represented; "blacks and others" are more concentrated in manufacturing industries and bluecollar occupations, and less concentrated in service-producing industries, than whites. Job losers—as opposed to job leavers, new entrants, and reentrants— accounted for 51l/2 percent of unemployment in March, close to the record 58 percent set in the 1973-75 recession. Again, the short, weak recovery from the 1980 recession set the stage. During the recovery, job losers never accounted for less than 50 percent of unemployment. Typically, the job losers' share falls to about 40 percent during recoveries. Both categories of job losers—layoffs and permanent separations—rise during recessions. In the current recession, permanent separations are an unusually large portion of total unemployment. In March, they accounted for a record April slowing from the fourth quarter. In addition, personal contributions for social insurance, which are subtracted in deriving the personal income1 total, included, in the first quarter, $3 /2 bilIncome and Product in the lion due to an increase in the social First Quarter security tax rate from 6.65 to 6.70 perAs noted earlier, real GNP declined cent and an increase in the taxable 4 percent at an annual rate in the wage base from $29,700 to $32,400. first quarter, following a 4V2-percent Transfer payments, in contrast, indecline in the fourth quarter of 1981 creased more than in the fourth quar(table 7).2 Although the two declines ter, reflecting a step-up in unemploywere similar in size, their composi- ment insurance benefits. In wages and salaries, manufacturtions differed. The differences in composition are most readily seen in the ing registered another decline, aldollar changes shown in table 1. In the first quarter, the decline in GNP Table 7.—Real GNP: Change From Preceding Quarter was more than accounted for by in[Percent change at annual rates; based on billions of 1972 ventories, where there was a swing to dollars, seasonally adjusted at annual rates] massive liquidation. In the fourth 1982 19 81 quarter, inventories had accounted IV I III for roughly two-thirds of the decline. Final sales also had declined in the GNP .. . -3.9 -4.5 14 fourth quarter, but they increased in Final sales . 3 -1.8 19 the first. Motor vehicles were the Personal consumption ex-2.2 3.9 3.3 penditures major source of the contrasting con-19.0 14.6 Durables 86 tributions of inventories and of final -34.9 46.0 28.3 Motor vehicles and parts ... sales in the two quarters. The Furniture and household -5.8 -7.8 -1.9 equipment "other," or nonvehicle, components of -9.5 18.0 -26 Other durables inventories and of final sales made 0 1.0 2.1 Nondurables .2 .6 .4 Food roughly similar contributions to the -1.4 4.2 Energy 21.6 -2.8 8.9 .9 Clothing and shoes decline in GNP in both quarters. 1.7 -6.6 .5 Other nondurables 38 Vz percent; during the two previous recessions, in contrast, they had never accounted for more than 33 percent. l Personal income and its disposition Personal income registered an even smaller increase than in the fourth quarter—$26 billion, compared with $45 billion (table 8). Wage and salary disbursements and proprietors' income largely accounted for the Gross private domestic fixed investment Nonresidential Structures Producers' durable equipment Autos, trucks, and buses Other Residential 2. The first-quarter GNP estimates are based on the following major source data: For personal consumption expenditures (PCE), retail sales, and unit auto and truck sales through March; for nonresidential fixed investment, the same information for autos and trucks as for PCE, manufacturers' shipments of machinery and equipment for January and February, January and February construction put in place, and investment plans for the quarter; for residential investment, January and February construction put in place, and housing starts for January and February; for change in business inventories, January and February book values for manufacturing and trade, and unit auto inventories through March; for net exports of goods and services, January and February merchandise trade, and fragmentary information on investment income for the quarter; for government purchases of goods and services, Federal unified budget outlays for January and February, State and local construction put in place for January and February, State and local employment through March; and for GNP prices, the Consumer Price Index for January and February, the Producer Price Index through March, and unit values for imports for January. Some of these source data are subject to revision. 1.7 -1.7 .7 3.4 -6.7 5.3 44 -83 -27 6.9 84 -2.9 88 -.7 52 26 4.1 25 Services 2 Energy Other services 63 -7 9 15 739 -3.8 -51 6 3.9 669 -7.8 -36.2 -27.5 -10.7 35 -18.0 -13.3 -19.1 180 -66 -5.0 402 -13.6 -99 93 -7.5 -4.2 -8.2 11 4 5.5 9.8 34 5 14.6 -30 4.5 20.1 26 22.4 -244 -7.8 -21.8 194 -22.1 32.6 Net exports of goods and services Exports Merchandise Agricultural Nonagricultural Other Imports Merchandise Petroleum Nonpetroleum Other Government purchases goods and services of Federal National defense Nondefense Commodity3 Credit Corporation Other State and local 15 102 5 31 7.9 54 28 1 16.6 547 60 0 183 -16.4 -7.8 -9.0 -4.2 0 -2.9 Change in business inventories... 1. Gasoline and oil, and fuel oil and coal. 2. Electricity and gas. 3. Estimates, in billions of 1972 dollars, for the second quarter of 1981 through the first quarter of 1982 were: -0.4, 0.7, 5.5, and 8.0. April SURVEY OF CURRENT BUSINESS 5 CHART 2 Unemployment Rate 6— 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 Note.—Business cycle peaks (P), and troughs (T), are turning points in economic activity, as designated by the National Bureau of Economic Research, Inc. Shaded areas represent recessions. Data: BLS U.S. Department of Commerce, Bureau of Economic Analysis though a smaller one, as employment and hours continued to fall. Wages and salaries in other commodity-producing industries, services, and government and government enterprises increased less than in the fourth quarter. The increase in government Table 8.—Personal Income and Its Disposition: Change From Preceding Quarter [Billions of dollars; based on seasonally adjusted annual rates] 19 31 III Wage and salary disbursements Manufacturing Other commodity-producing Distributive Services Government and government enterprises I 31.6 24.0 16.5 7.2 4.9 7.5 80 -2.9 3.7 4.2 103 _ 7 ^9 40 83 40 2.9 Proprietors' income 1982 IV 88 -1.2 40 -6.9 3.0 1 -.2 9 Personal interest income 149 129 98 Transfer payments 18.0 4.7 7.2 58 43 Farm Nonfarm 78 Other income Less: Personal contributions for social insurance Personal income Less: Personal tax and nontax payments Impact of legislation Other Equals: Disposable income . . 19 16 -62 7 47 73.2 44.8 26.2 169 -.6 17.5 18 -15.9 143 7 -10.2 96 56.4 46.5 26.8 56.1 25.4 428 personal Less: Personal outlays Equals: Personal saving .3 21.1 163 5 -16.0 Addenda: Special factors— Cost-of-living increases in Federal transfer payments Social security base and rate changes (in personal contributions for social insurance) ... Coal strike Federal pay raise... . ... 4 3.4 26 62 3 wages and salaries, which had been boosted in the fourth quarter by a $6 billion pay raise for Federal employees, returned to about the average of recent quarters without a Federal pay raise. In proprietors' income, both the farm and nonfarm components declined. Nonfarm proprietors' income has trended down since the first quarter of 1981. Farm proprietors' income dropped sharply—$6 billion—after little change in the fourth quarter. In contrast to last year's fluctuations, which largely followed the course of livestock and crop prices, the firstquarter decline was due to volume. Disposable personal income decelerated by about the same amount as personal income—from $46 Vk billion in the fourth quarter to $27 billion in the first. Real disposable personal income was unchanged, the poorest performance since the recession quarter of 1980. Personal outlays fell off in the fourth quarter and picked up in the first, largely reflecting swings in motor vehicle purchases. As a result of disparate movements in income and outlays, personal saving rose in the fourth quarter and fell in the first, and the personal saving rate jumped from 5.2 percent in the third quarter to 6.1 percent in the fourth and fell back to 5.3 percent in the first (chart 2). One factor that helps to explain the pattern of personal saving is that cash rebates boosted new car purchases in the third and first quarters at the expense of purchases in the fourth. New car purchases, for which timing is discretionary, tend to be made from funds that otherwise would have been saved. Another factor may have been that saving was temporarily increased in the fourth quarter as households adjusted to the tax cut that became effective on October 1. Personal taxes declined in the first quarter as they had in the fourth. In the fourth quarter, a tax cut under the Economic Recovery Tax Act of 1981 amounted to $16 billion. This cut was almost all in withholdings. In the first quarter, nonwithheld taxes and refunds were reduced by rate reductions, depreciation write-offs for unincorporated businesses, and an oil royalty credit provided under this act, and by an interest and dividend exclusion provided under the Crude Oil Windfall Profit Tax Act of 1980. The additional reductions in the first quarter amounted to $10 billion. Increases in the tax base, and thus in taxes, were held down by the weakness in wages and salaries. Real PCE strengthened in the first quarter, largely due to a turnaround in PCE on motor vehicles and parts. These expenditures had dropped $5V2 billion in the fourth quarter, and increased $5 billion in the first. (See the "Business Situation" in the March issue of the SURVEY OF CURRENT BUSINESS for a discussion of motor vehicles.) PCE excluding motor vehicles also strengthened, registering a 2-percent (annual rate) increase after no 6 change in the fourth quarter. Most of the strengthening was in services, which had registered a below-trend increase in the fourth quarter. Goods other than motor vehicles remained weak. Furniture and equipment declined again, and food again barely increased. In contrast, gasoline increased; its recent uptrend reflected the weakness in gasoline prices. Other PCE components registered irregular and partly offsetting changes. Real investment Nonresidential structures, after having been the only major component countering the general downtrend in GNP, declined 5 percent (annual rate) in the first quarter. After increases in 1981, industrial building and petroleum drilling turned down. Only office building continued to move up. In the first quarter, as in the third and fourth of 1981, the motor vehicle and the "other" components of producers' durable equipment (PDE) moved in opposite directions. However, because changes in motor vehicles were larger, the total followed their course. PDE increased in the first quarter (ll/2 percent at an annual rate) after declining in the fourth (8 percent). "Other" PDE includes several large categories in which the quarterly changes are sharp—sometimes offsetting each other, sometimes reinforcing. In the fourth quarter, when "other" PDE increased, its aircraft and computer categories both increased. In the first quarter, computers showed another large increase, but it was more than offset by widespread declines, including one in aircraft. Residential investment.—Residential investment declined lOVfe percent (annual rate) in the first quarter after having declined much more sharply in the three preceding quarters. Both multifamily and single-family construction contributed to this deceleration. The deceleration in single-family construction, which was especially sharp, reflects a turnaround in starts late last year (chart 3). Single-family starts averaged 586,000 (seasonally adjusted annual rate) in the first quarter, compared with 537,000 in the fourth. SURVEY OF CURRENT BUSINESS April CHART 3 Housing Starts Millions of Units 2.5 2.0 Total 1.5 X"*«...-*......^ *\ f Singie Family 1.0 01 i i I i 1 I i t I I i 1978 I I I I 1 I I I I I I t 1979 1980 1981 1982 Seasonally Adjusted at Annual Rates Data: Census U.S. Department of Commerce, Bureau of Economic Analysis An improvement in financial condi- quarter, as were seasonally adjusted tions in the fourth quarter contribut- mortgage loan commitments outed to the stabilization of residential standing. investment. On a seasonally adjusted basis, mortgage loan commitments Inventories.—Inventory liquidation outstanding at savings and loan asso- was massive in the first quarter— ciations (S&L's) increased, flow of $171/2 billion. The swing to liquidation funds into S&L's improved, and the at this rate from accumulation at a Federal Home Loan Bank Board's rate of $4 billion in the fourth quarter series on mortgage commitment rates more than accounted for the firstdropped about 75 basis points. quarter decline in GNP. The liquidaThe improvement infinancialcon-tion, as well as the swing, as concenditions slowed in the first quarter. In trated in durables, and within duraJanuary-February, seasonally adjust- bles, spread across manufacturing, ed net new deposits (exclusive of in- wholesale trade, and retail trade. Interest credited) at S&L's were little ventories had contributed to the changed from their fourth-quarter fourth-quarter decline in GNP when average. Throughout the quarter, the their rate of accumulation was reBank Board's commitment rate series duced $10 ¥2 billion. As noted earlier drifted up slightly, and, for most of by reference to table 1, which sepathe quarter, the prime rate was stuck rates inventory developments into at 16 Vfc percent. On the other hand, motor vehicle and "other," motor vethe Federal Home Loan Mortgage hicle inventories were the source of Corporation's mortgage commitment the difference in the size of the two rate series, which frequently leads the inventory contributions to the GNP Bank Board's series, dropped 61 basis declines. "Other" inventories accountpoints from mid-February to the end ed for $liy2-12 billion of the decline of March. In addition, yields at Feder- in both quarters. al National Mortgage Association aucAs a result of the liquidation and tions—widely viewed as indicative of an increase in sales, inventory-sales the future path of mortgage rates- ratios were brought down. The ratio dropped 112 basis points from early of total business inventories to conFebruary to the end of March. And at stant-dollar business final sales reS&L's, seasonally adjusted net mort- treated to 3.24 from 3.31 in the fourth gage loan repayments were higher in quarter, about halfway back to the January-February than in the fourth first-quarter 1981 low. April Real net exports Net exports declined $1% billion following declines of $3-4 Mz billion in the three prior quarters. In contrast to the fourth quarter, the balance on goods increased, and the balance on services, including investment income, declined. In goods, exports declined more than in the fourth quarter. Agricultural exports showed little change after a fourth-quarter increase, as exports of corn and cotton fell off. In nonagricultural exports, the decline in the first quarter, as in earlier quarters, was concentrated in capital goods, autos, and consumer goods. It was not as large, however, as the earlier ones. Imports declined substantially, after five consecutive quarters of increase. Petroleum imports declined, after having increased slightly in the fourth quarter. They averaged 5.7 million barrels per day (seasonally adjusted) in the first quarter. Nonpetroleum imports declined across-theboard, reflecting the delayed impact of weakness in domestic economic activity. In investment income, receipts declined a little more than in the fourth quarter, largely reflecting a sharp drop in direct investment income receipts. Payments registered a sharp swing, from a fourth-quarter decline of $3 billion to a first-quarter increase of $2% billion. The swing was related to the establishment of International Banking Facilities. (For a discussion of these Facilities, see "U.S. International Transactions, Fourth Quarter and Year 1981," in the March 1982 SURVEY, p. 44.) SURVEY OF CURRENT BUSINESS Table 9.—Federal Government Receipts and Expenditures, NIPA Basis: Change from Preceding Quarter [Billions of dollars, based on seasonally adjusted annual rates] 1982 19 81 III Receipts Personal tax and nontax receiptsCorporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance I IV 17.3 13.3 1.6 11.1 -4.5 -8.1 n.a. -3.2 n.a. 8 19 -9 1 33 33 75 sumes that the statistical discrepancy in the national income and product account was the same as in the preceding quarter. On the basis of this calculation, the Federal deficit on a national income and product account basis was about $30 billion larger than the $100 billion registered in the fourth quarter. Corporate Profits In the fourth quarter of 1981, corporate profits from current production— profits with inventory valuation and capital consumption adjustments—de4.5 188 43 Transfer payments Grants-in-aid to State and local creased $18 billion to $177 Vfe billion, -.8 -4 1 governments -1.7 23 52 31 Net interest paid following an increase of $5V2 billion Subsidies less current surplus of 3 6 -5 government enterprises in the third quarter. The fourth-quarLess: Wage accruals less dister estimate is $2 billion lower than 3 1 2 bursements the one published a month ago. A Surplus or deficit ( — ), nadownward revision in manufacturing tional income and prod-44.3 n.a. -8.5 uct accounts profits more than offset an upward revision in trade profits. n.a. Not available. The fourth-quarter level of profits State and local purchases declined 3 was $5V2 billion lower than the level percent after no change in the fourth of profits in the fourth quarter of quarter. The major factor was a re- 1980. The decrease was the net result sumption of a downtrend in struc- of alternating increases and decreases tures. in the four quarters of 1981. The flucNIPA Federal sector.—Changes in tuations were in the domestic profits current-dollar Federal receipts and of nonfinancial corporations; domestic expenditures are shown in table 9. All profits of financial corporations decategories of receipts except contribu- creased in each quarter of 1981, and tions for social insurance were down. profits from the rest of the world deA $3 billion decline in personal taxes creased in all but one. resulted from the Economic Recovery Domestic nonfinancial corporate Tax Act and the Crude Oil Windfall profits decreased $17 billion to $135 Profit Tax Act, and from weakness in billion in the fourth quarter of 1981; wages and salaries. Indirect business this level was $6 ¥2 billion above that taxes reflected the decline in windfall in the fourth quarter of 1980. Detail profits tax receipts. Contributions for for nonfinancial corporations is availsocial insurance were up $7Vfc billion; able for profits with inventory valua$5 ¥2 billion was due to increases in tion adjustment but without capital the social security tax rate and tax- consumption adjustment. Most of the Government able wage base. quarterly fluctuations in these profits The increase in expenditures was accounted for by the profits of Real Federal Government purchases increased at a 6-percent slowed to $8 billion from $33 billion manufacturing corporations, but the annual rate in the first quarter, much in the fourth quarter. Purchases de- four-quarter increase was more than less than in the fourth. Both defense celerated sharply. In the fourth quar- accounted for by the profits of nonand, in nondefense, Commodity Credit ter, they had been boosted $6V2 bil- durable goods manufacturers excludCorporation (CCC) purchases contrib- lion by the pay raise for Federal em- ing petroleum manufacturers, and of uted to the deceleration. The change ployees. The increase in CCC pur- utilities and trade corporations (table in CCC inventories, as explained in chases slowed from $10V2 billion to 10). The increases in the profits of the Special Note in the January 1982 $2*/2 billion. Defense purchases were nonpetroleum nondurables manufac"Business Situation," is treated as a up only slightly after a large increase turers occurred despite decreases in their constant-dollar sales. Decreases government purchase. The step-up in in the fourth quarter. The first-quarter decline in corpo- occurred in the profits of most durathe rate of accumulation in the first quarter, which was less than that in rate profits tax accruals can be ap- ble goods manufacturers and petrothe fourth, was concentrated in corn proximated by using a residual calcu- leum manufacturers, reflecting delation of corporate profits that as- creases in constant-dollar sales. The and cotton. Expenditures Purchases of goods and services National defense Nondefense 25.9 6.9 59 9 33.2 7.9 26.9 156 11.3 2.4 18 .6 8 decrease in the profits of petroleum manufacturers reflected, in addition, decreases in the prices of refined petroleum products and of crude oil. Crude oil prices can affect the profits of petroleum manufacturers because they produce a major share of domestic crude oil. Domestic financial corporate profits decreased $l/2 billion to $18 Vk billion in the fourth quarter of 1981; this level was $8V2 billion lower than that in the fourth quarter of 1980. The four-quarter decrease occurred despite an increase in the profits of Federal Reserve banks, which are treated as part of corporate business in the national income and product accounts (NIPA's). The increase in Federal Reserve banks' profits was primarily due to increased average interest rates on their holdings of Federal debt instruments. Other financial profits reflected a swing from modest profits for savings and loan associations in the fourth quarter of 1980 to increasingly large losses during 1981. These losses are traceable to three factors: (1) A net decrease, excluding interest credited, in deposits; (2) a shift of deposits from low-interest-paying regular transactions accounts to high-interestpaying certificates of deposit; and (3) a squeeze between average interest rates paid and received. Nearly fourfifths of savings and loan associations' assets are mortgages, on which the average interest rate received rose only moderately in 1981 despite very high interest rates charged on new mortgages issued. Profits from the rest of the world decreased $¥2 billion to $24 billion in the fourth quarter of 1981; this level was $3l/2 billion lower than that in the fourth quarter of 1980. The fourquarter decrease resulted largely from decreases in the profits of the foreign petroleum operations of U.S. corporations. In addition, rest-of-theworld profits reflected weak growth or recessions in the economies of most industrial nations. Other profits measures.—Profits before tax decreased $21V2 billion to $213 billion in the fourth quarter of 1981; this level was $36 V2 billion lower than that in the fourth quarter of 1980. These profits exclude the in- SURVEY OF CURRENT BUSINESS April Table 10.—Corporate Profits With Inventory Valuation Adjustment and Without Capital Consumption Adjustment [Billions of dollars; seasonally adjusted at annual rates] Change from preceding quarter 1981 1980: IV I Total Domestic industries Change: 1980: IV to 1981: IV IV III II 1981: IV 201.0 16.7 -12.6 4.0 -18.7 190.4 -10.6 173.4 18.9 -10.0 2.3 -18.2 166.4 -7.0 30.5 12.0 18.5 -1.9 1.5 -3.4 -4.3 .8 -5.0 -1.6 .9 -2.6 -.3 0 -.3 22.4 15.2 7.2 -8.1 3.2 -11.3 Nonfinancial Manufacturing Durable goods Primary metal industries Fabricated metal products. Machinery except electrical Electric and electronic equipment Motor vehicles and equipment Other ... 142.9 76.2 25.8 3.8 4.8 6.1 5.3 -.8 6.6 20.8 14.2 5.7 1.3 -.7 2.6 3.1 -.8 .2 -5.7 -6.0 .4 -1.3 .5 -.5 -2.2 4.3 — .5 3.9 .7 -5.9 -.1 .1 .4 .4 -4.9 -1.6 -17.9 -17.1 -7.3 -2.1 -2.3 .3 -1.2 .4 -2.5 144.0 68.0 18.7 1.6 2.4 8.9 5.4 -1.8 2.2 1.1 -8.2 -7.1 -2.2 -2.4 2.8 .1 -1.0 -4.4 Nondurable goods ... Food and kindred products Chemicals and allied products Petroleum and coal products Other 50.4 8.6 8.1 19.9 13.8 8.5 1.8 2.0 1.7 3.0 -6.4 -.9 -1.8 -2.0 -1.7 6.5 -.6 .2 6.8 .1 -9.7 .1 0 -9.4 -.4 49.3 9.0 8.5 17.0 14.8 -1.1 .4 .4 -2.9 1.0 Transportation and public utilities Wholesale and retail trade Other 18.8 22.6 25.2 2.0 4.9 -.1 -.8 .9 0 1.6 1.7 .1 2.5 -1.5 -1.9 24.1 28.6 23.3 5.3 6.0 -1.9 1.7 -.5 24.0 -3.7 Financial Federal Reserve banks Other Rest of the world 27.7 -2.3 -2.6 ventory valuation adjustment (IVA) Table 11.—Impact of the Economic Recovery Tax Act of 1981 on Corporate Profits and and capital consumption adjustment Related Measures (CCAdj).3 Inventory profits—the IVA [Billions of dollars; seasonally adjusted at annual rates] with sign reversed—decreased $3 billion to $22 Ms billion, and profits at1981 item tributable to underdepreciation—the I II IV III CCAdj with sign reversed—decreased -8.6 -6.4 -2.1 -4.3 profits before tax.. $V2 billion. These levels were $26 bil- Corporate Plus: Inventory valuation adjustment lion and $5 billion, respectively, below Capital consumption those in the fourth quarter of 1980. 8.6 21 4.3 6.4 adjustment As shown in table 11, the Economic Equals: Corporate profits from current production Recovery Tax Act of 1981 increasingly Corporate profits tax reduced the CCAdj during 1981. -4.7 -5.7 -6.6 -3.4 liability -5.3 -6.1 -3.3 -4.5 Federal tax liability Disposition of profits.—Corporate State and local tax liabil_ 2 -.1 -.5 -.4 ity profits taxes, which are levied on profits including inventory profits and NOTE.—For a discussion of the act, see the "Business Situaprofits attributable to underdeprecia- tion" in the August 1981 SURVEY OF CURRENT BUSINESS. tion, decreased $9V2 billion to $69 billion in the fourth quarter of 1981; this level was $16 Vk billion below that in the fourth quarter of 1980. The lower share decreased from 34.1 percent in taxes reflect the impact of the Eco- the fourth quarter of 1980 to 32.3 pernomic Recovery Tax Act of 1981, cent in the fourth quarter of 1981. which increasingly reduced corporate Dividends increased $1 billion to profits before tax and corporate prof- $66 billion in the fourth quarter of its tax liability during 1981. The 1981; this level was $8V2 billion impact of the act is reflected in the higher than that in the fourth quarshare of profits going to taxes; this ter of 1980. Undistributed profits decreased $13 Vk billion to $78 billion; this level was $281/2 billion below that 3. The IVA and CCAdj are defined in National Income and Product Accounts of the United States, in the fourth quarter of 1980 and was 1929-1976: Statistical Tables, U.S. Department of Commerce, Bureau of Economic Analysis (Washing- the lowest since the first quarter of 1977. ton, B.C.: U.S. GPO, 1981). SURVEY OF CURRENT BUSINESS April National Income and Product Accounts Tables The tables that follow are presented in eight groups, and the table numbers reflect these groups. The same numbers are used in other publications presenting national income and product account estimates. The groups are: 1. National product and income 2. Personal income and outlays 3. Government receipts and expenditures 4. Foreign transactions 5. Saving and investment 6. Product and income by industry 7. Implicit price deflators and price indexes 8. Supplementary table: Percent change from preceding period for selected items The abbreviations used in the tables are: CCAdj IVA NIPA's Capital consumption adjustment Inventory valuation adjustment National income and product accounts Preliminary Revised The NIPA estimates for 1929-76 are in The National Income and Product Accounts of the United States, 1929-76: Statistical Tables (Stock No. 003-010-00101-1, price $10.00). Estimates for 1976-79 are in National Income and Product Accounts, 1976-79 (Stock No. 003-010-72188-0, price $3.75). Additional estimates for 1980 are in the July 1981 SURVEY. These publications are available from the Superintendent of Documents and Commerce Department District Offices; see addresses inside front cover. Table 1.1-1.2.—Gross National Product in Current and Constant Dollars Billions of 1972 dollars Billions of dollars Seasonally adjusted at annual rates 1980 1981 1980 IV Gross national product 1981 I II Seasonally adjusted at annual rates 1982 III IV Durable goods Nondurable goods Services ... Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment Residential Nonfarm structures Farm structures Producers' durable equipment Change in business inventories . . Nonfarm Farm . Net exports of goods and services Exports .. Imports Government purchases of goods and services Federal National defense Nondefense State and local 1,672.8 1,857.8 1,751.0 1,810.1 1,829.1 1,883.9 1981 1,908.3 1,950.7 1981 1980 I» 2,626.1 2,925.5 2,730.6 2,853.0 2,885.8 2,965.0 2,998.3 2,995.1 Persona) consumption expenditures 1980 IV I II 1,480.7 1,510.3 1,485.6 1,516.4 1,510.4 935.1 958.9 946.8 960.2 955.1 1982 III IV I" 1,515.8 1,498.4 1,483.6 962.8 957.5 966.8 140.3 368.8 453.7 133.1 368.8 455.6 137.7 369.7 459.4 211.9 675.7 785.2 232.0 743.2 882.6 223.3 703.5 824.2 238.3 726.0 845.8 227.3 735.3 866.5 236.2 751.3 896.4 226.4 760.3 921.5 236.8 766.1 947.8 135.8 358.4 440.9 139.4 367.3 452.2 139.1 360.4 447.3 146.8 364.5 448.9 137.4 367.0 450.7 395.3 450.5 397.7 437.1 458.6 463.0 443.3 392.6 203.6 214.8 200.5 211.6 219.7 221.5 206.3 183.1 401.2 296.0 108.8 187.1 105.3 100.3 2.0 3.0 59 -4.7 12 434.4 328.9 125.7 203.1 105.5 100.0 2.3 3.2 16.2 13.8 2.4 415.1 302.1 111.5 190.7 113.0 107.6 2.2 3.1 -17.4 -14.0 -3.4 432.7 315.9 117.2 198.7 116.7 111.4 2.2 3.2 4.5 6.8 -2.4 435.3 324.6 123.1 201.5 110.7 105.4 2.1 3.2 23.3 21.5 1.8 435.6 335.1 128.3 206.8 100.5 94.9 2.3 3.3 27.5 23.1 4.4 434.0 339.8 134.3 205.5 94.2 88.4 2.5 3.3 9.4 3.7 5.6 432.6 339.8 134.1 205.7 92.7 87.1 2.4 3.2 -40.0 -38.8 -1.2 206.6 158.4 48.4 110.0 48.1 45.2 .9 2.0 29 -2.4 5 207.6 162.4 51.0 111.4 45.2 42.2 1.0 2.0 7.1 5.9 1.2 207.6 157.0 47.8 109.3 50.6 47.5 1.0 2.0 72 -5.6 15 213.1 162.0 49.6 112.4 51.0 48.0 .9 2.1 -1.4 -.3 -1.1 208.9 161.1 50.4 110.7 47.8 44.8 .9 2.0 10.8 9.9 .9 206.5 163.9 51.5 112.4 42.7 39.7 1.0 2.0 14.9 12.8 2.2 201.1 162.7 52.6 110.1 39.4 36.4 1.0 2.0 4.2 1.3 2.9 200.7 162.4 51.9 110:5 38.3 35.4 1.0 1.9 175 -16.9 6 23.3 26.0 23.3 29.2 20.8 29.3 24.7 23.8 52.0 44.9 48.5 50.9 46.2 43.2 39.2 37.8 339.8 316.5 367.3 341.3 346.1 322.7 367.4 338.2 368.2 347.5 368.0 338.7 365.6 341.0 359.0 335.1 161.1 109.1 160.4 115.5 157.4 108.9 162.5 111.6 161.5 115.4 160.1 116.9 157.4 118.2 153.7 115.8 534.7 591.2 558.6 576.5 577.4 588.9 622.0 628.0 290.0 291.7 289.8 293.6 289.5 288.3 295.4 295.8 198.9 131.7 67.2 335.8 230.2 154.3 75.9 361.0 212.0 141.6 70.4 346.6 221.6 145.2 76.4 354.9 219.5 148.2 71.3 357.9 226.4 154.1 72.2 362.5 253.3 169.7 83.5 368.7 255.7 171.5 84.1 372.3 108.1 70.9 37.2 181.9 111.5 73.9 37.6 180.2 107.4 71.9 35.4 182.4 111.2 72.1 39.0 182.5 108.7 72.6 36.1 180.7 109.6 74.0 35.6 178.8 116.6 76.9 39.7 178.8 118.3 76.9 41.4 177.5 Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars Gross national product Final sales Change in business inventories Goods Final sales Change in business inventories Durable goods . . . . Final sales Change in business inventories Nondurable goods Final sales Change in business inventories 2 626 1 2 925 5 2 730 6 2 853 0 2 885 8 2 965 0 2 998 3 2 995 1 1 480 7 1 5103 1 485 6 1 516 4 1 510 4 1 515 8 1 498 4 1 483 6 26320 29094 27480 28485 28625 29376 29890 3035 1 233 275 59 162 174 45 94 400 14836 29 1 5032 14927 1 5178 14996 71 10 8 72 14 1,247.5 1,257.0 1,298.3 1,286.4 1,261.7 6652 6849 6629 6889 6863 691 9 672 6 661 6 1 3017 40 0 668 1 29 6778 71 6701 72 690 3 14 675 5 108 677 0 14 9 668 4 42 679 1 17 5 4618 4993 375 799.9 8023 25 2794 281 3 19 3857 3868 11 2821 279 1 30 4028 3987 41 2818 281 5 '3 381 1 3886 75 289 3 2925 31 3996 3979 17 2886 279 7 89 3977 3958 19 287 0 279 2 78 4049 3978 71 263 5 2650 15 409 1 403 4 57 2538 270 6 168 4078 4086 7 707.9 117 4 701.7 121 0 7036 123 9 7047 119 4 7099 114 0 7134 112 5 7124 1096 1,130.4 4586 4626 40 671.9 6737 18 1,272.3 1,169.0 5069 4995 74 765.4 7566 87 4767 4760 7 692.2 710.3 18 1 5014 5055 -42 746.1 7375 86 5169 4983 185 740.1 7353 48 1,285.3 1,317.1 1,344.7 284.1 276.4 288.4 5252 5066 186 773.0 7642 89 4842 4875 33 802.2 7895 127 1,229.6 1,371.7 281.6 2660 1,390.5 1,434.4 1,459.3 2763 277 5 2741 695.7 119 8 Addenda: Gross domestic purchases * Final sales to domestic purchasers 1 26028 2,899.6 2,707.3 2,823 8 2,865.1 2,935 8 2,973 7 2,971 2 2,608.7 2,883.4 2,724.6 2,819.3 2,841.8 2,908.3 2,964.3 3,011.2 14287 14317 14654 1437 1 14655 14642 14726 1,458 3 14442 14669 14535 14577 1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports. 1 494 2 1 501 1 42 175 1 1363 1 2561 1 1863 12431 12337 12708 12770 233 45 27 5 59 162 174 94 Services Structures 371-676 0 - 8 2 - 2 15009 14 9 1 4592 1 4457 14550 14633 10 SURVEY OF CURRENT BUSINESS April Table 1.5-1.6.—Gross National Product by Sector in Current and Constant Dollars Billions of 1972 dollars Billions of dollars Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1982 1981 1980 1981 1980 IV II I IV III 2,576.5 2,221.2 2,153.7 1,940.9 212.8 68.1 -.7 85.9 6.7 79.2 269.3 81.9 187.4 49.7 2,871.1 2,480.1 2,408.5 2,168.3 240.2 72.4 -.8 97.7 6.9 90.8 293.3 90.0 203.3 54.4 2,682.0 2,311.4 2,248.6 2,025.3 223.3 69.4 -6.6 90.4 6.9 83.5 280.3 87.1 193.3 48.6 2,835.5 2,449.2 2,383.7 2,147.3 236.4 72.4 -6.9 96.4 6.9 89.5 289.9 88.2 201.6 50.4 2,800.7 2,420.8 2,350.1 2,120.2 229.9 67.3 3.4 93.9 7.0 86.9 285.9 87.9 198.0 52.3 2,909.4 2,517.6 2,442.2 2,198.7 243.5 75.2 .2 98.4 6.9 91.5 293.5 88.5 205.0 55.6 1981 2,938.8 2,532.7 2,458.0 2,207.0 251.0 74.6 .2 102.0 6.9 95.1 304.0 95.3 208.7 59.6 2,943.8 2,529.5 2,458.6 2,200.9 257.7 70.7 .2 105.4 6.9 98.6 308.9 96.2 212.6 51.3 2,008.4 2,239.9 2,088.0 2,191.0 2,212.8 2,274.1 2,281.7 2,271.8 1981 1980 II I IV I" 2,626.1 2,925.5 2,730.6 2,853.0 2,885.8 2,965.0 2,998.3 2,995.1 Gross national product Gross domestic product Business Nonfarm Nonfarm less housing Housing Farm . Statistical discrepancy Households and institutions Private households Nonprofit institutions Government Federal State and local Rest of the world Addendum: Gross domestic business product less housing 1980 1,480.7 1,510.3 1,485.6 1,516.4 1,452.4 1,251.8 1,216.8 1,084.5 132.3 35.3 -.4 45.4 3.5 41.9 155.2 49.2 106.0 28.3 1,481.9 1,280.1 1,242.7 1,105.4 137.4 37.7 _ 4 47X) 3.3 43.7 154.9 49.0 105.9 28.3 1,488.4 1,286.4 1,250.9 1,115.4 135.5 33.6 1.8 46.7 3.4 43.2 155.3 49.0 106.4 28.0 1.458.9 1,257.5 1,227.9 1,093.7 134.2 33.2 -3.6 46.1 3.4 42.7 155.3 48.9 106.3 26.7 1982 III IV I" 1,510.4 1,515.8 1,498.4 1,483.6 1,487.1 1,285.7 1,246.2 1,108.2 137.9 39.4 .1 46.8 3.3 43.6 154.6 49.0 105.6 28.7 1,457.9 1,255.3 1,217.6 1,077.2 140.4 37.6 .1 48.1 3.2 45.0 154.3 49.1 105.3 25.7 1,483.8 1,281.8 1,248.9 1,112.1 136.8 36.5 -3.6 46.9 3.3 43.5 155.2 49.0 106.2 26.6 1,119.5 1,142.7 1,123.3 1,150.8 1,145.0 1,468.4 1,266.4 1,225.0 1,085.7 139.2 41.4 .1 47.5 3.2 44.3 154.5 49.0 105.4 30.0 1,147.8 1,127.2 1,114.9 Table 1.11.—National Income by Type of Income Table 1.7.—Relation of Gross National Product, Net National Product, National Income, and Personal Income Billions of dollars Billions of dollars Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1981 1980 1980 IV Gross national product Less: Capital consumption allowances with CCAdj... Capital consumption allowances Less: CCAdj Equals: Net national product .. Less: Indirect business tax and nontax liability .... Business transfer payments Statistical discrepancy Plus: Subsidies less current surplus of government enterprises Equals: National income Less: Corporate profits with IVA and CCAdj Net interest Contributions for social insurance . . Wage accruals less disbursements Plus: Government transfer payments to persons . . Personal interest income.... Personal dividend incomeBusiness transfer payments Equals: Personal income II I 1980 I" IV III 2,626.1 2,925.5 2,730.6 2,853.0 2,885.8 2,965.0 2,998.3 2,995.1 287.3 321.7 298.9 306.5 316.7 326.5 336.9 343.8 224.1 -63.1 257.0 -64.7 233.7 -65.2 243.2 -63.3 251.9 -64.9 261.7 -64.8 271.1 -65.7 280.4 -63.4 2,338.9 2,603.9 2,431.7 2,546.4 2,569.1 2,638.5 2,661.5 2,651.3 212.3 251.1 228.0 245.5 249.4 254.0 255.4 250.7 10.5 -.7 11.6 -.8 10.9 -6.6 11.2 3.4 11.5 -6.9 11.8 .2 12.1 .2 12.4 4.6 5.2 5.4 4.7 5.7 5.1 5.4 4.8 2,121.4 2,347.2 2,204.8 2,291.1 2,320.9 2,377.6 2,399.1 182.7 179.8 191.7 215.4 183.3 193.3 203.0 200.8 190.3 211.0 195.7 220.2 177.6 229.7 ""237.9 203.7 238.9 212.3 233.7 236.3 240.6 245.0 253.5 0 0 0 0 .2 1 -.2 283.8 256.3 54.4 321.6 308.5 61.3 303.1 269.7 56.1 308.4 288.7 58.0 312.7 300.9 60.2 330.4 315.7 63.0 334.8 328.7 64.1 341.7 338.5 64.7 10.5 11.6 10.9 11.2 11.5 11.8 12.1 12.4 -.5 2,160.2 2,404.1 2,256.2 2,319.8 2,368.5 2,441.7 2,486.5 2,512.7 Table 1.8.—Relation of Gross National Product, Net National Product, and National Income in Constant Dollars [Billions of 1972 dollars] Gross national product Less: Capital consumption allowances with CCAdj Equals: Net national product Less: Indirect business tax and nontax liability plus business transfer payments less subsidies plus current surplus of government enterprises Statistical discrepancy Equals: National income 153.4 149.5 151.2 152.4 154.2 155.8 157.4 1,333.2 1,356.9 1,336.1 1,365.2 1,358.0 1,361.6 1,342.7 1,326.2 1490 -.4 1539 — .4 151.9 -3.6 153.2 1.8 152.9 -3.6 1546 .1 1551 .1 1 1846 1,203 4 1,187.8 1,210.3 1,208.7 1,206 9 1,187.5 1555 1980 IV National income Compensation of employees 1981 I II 1982 III IV I" 2,121.4 2,347.2 2,204.8 2,291.1 2,320.9 2,377.6 2,399.1 1,596.5 1,771.6 1,661.8 1,722.4 1,752.0 1,790.7 1,821.3 1,844.9 1,343.6 1,482.8 1,397.3 1,442.9 1,467.0 1,498.7 1,522.5 1,538.8 Wages and salaries Government and gov263.3 267.1 270.5 274.7 283.2 273.9 ernment enterprises .... 253.6 287.1 Other 1,090.0 1,208.8 1,134.0 1,175.7 1,196.4 1,224.0 1,239.2 1,251.7 Supplements to wages and salaries Employer contributions for social insurance Other labor income 252.9 288.8 264.5 279.5 285.1 292.0 298.8 306.1 115.8 137.1 134.7 154.1 121.0 143.5 131.5 148.0 133.2 151.8 135.6 156.3 138.4 160.4 142.3 163.8 130.6 134.8 134.0 132.1 134.1 137.1 135.9 129.0 23.4 22.4 22.5 18.9 21.7 24.7 24.4 18.2 30.3 -6.9 30.1 -7.7 29.6 -7.2 26.1 -7.2 29.3 -7.6 32.6 -7.9 32.6 -8.2 26.6 -8.4 107.2 112.7 -3.7 -1.9 112.4 116.1 -1.6 -2.1 111.6 117.5 -4.0 -2.0 113.2 117.4 -2.5 -1.7 112.5 115.7 -1.2 -2.0 112.4 115.9 -1.4 -2.2 111.5 115.4 -1.5 -2.4 110.8 113.1 -.4 -1.9 Rental income of persons with CCAdj 31.8 33.6 32.4 32.7 33.3 33.9 34.5 34.8 Rental income of persons CCAdj. . .. 64.9 -33.1 70.0 -36.4 66.4 -33.9 68.2 -35.5 69.3 -35.9 70.5 -36.6 71.9 -37.4 73.1 -38.3 Corporate profits with IVA and CCAdj 182.7 191.7 183.3 203.0 190.3 195.7 177.6 Proprietors' income with IVA and CCAdj Farm Proprietors' with IVA CCAdj income Nonfarm Proprietors' income IVA CCAdj Corporate profits with IVA Profits before tax Profits tax liability .. Profits after tax ... Dividends Undistributed profits IVA 1,480.7 1,510.3 1,485.6 1,516.4 1,510.4 1,515.8 1,498.4 1,483.6 147.5 1981 1982 1981 CCAdj 199.8 205.6 201.0 217.7 205.1 209.1 190.4 245.5 82.3 163.2 56.0 233.3 77.7 155.5 63.1 249.5 85.2 164.3 57.7 257.0 87.7 169.2 59.6 229.0 76.4 152.7 62.0 234.4 78.1 156.3 64.8 212.8 68.8 144.0 66.0 107.2 92.4 106.6 109.6 90.6 91.5 78.0 -45.7 -27.7 -48.4 -39.2 -24.0 -25.3 -22.3 -17.8 -14.7 -14.7 -13.4 -12.8 66.8 -10.6 172 139 Net interest 179.8 215.4 193.3 200.8 211.0 220.2 229.7 237.9 Addenda: Corporate profits after tax with IVA and CCAdj Dividends. . Undistributed profits with IVA and CCAdj 100.3 56.0 113.9 63.1 98.1 57.7 115.3 59.6 114.0 62.0 117.6 64.8 108.9 66.0 66.8 44.3 50.8 40.4 55.7 52.0 52.8 42.9 -9.7 11 SURVEY OF CURRENT BUSINESS April Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonflnancial Corporate Business in Current and Constant Dollars 1980 1981 Billions of dollars Billions of dollars Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1980 IV Gross domestic product of corporate business Capital consumption allowances with CCAdj Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies 1980 1982 1981 II I IV III 197.7 183.2 187.5 201.1 194.6 1,441.1 1,616.9 1,504.8 1,587.3 1,602.5 1,639.5 1,638.5 159.3 191.4 172.5 190.2 187.2 194.0 189.8 194.3 1,281.8 1,425.5 1,332.4 1,400.1 1,412.2 1,445.5 1,444.1 Domestic income Compensation of em1,103.1 1,226.7 1,147.8 1,193.3 1,214.0 1,242.5 1,256.9 1,270.1 ployees 917.9 1,016.0 954.6 989.1 1,006.0 1,029.4 1,039.5 1,047.8 Wages and salaries Supplements to 193.2 204.1 208.0 213.1 217.4 222.3 wages and salaries ... 185.2 210.7 Corporate profits with 167.5 155.6 167.6 171.1 153.7 177.6 IVA and CCAdj 151.5 Profits before tax Profits tax liability .. Profits after tax Dividends Undistributed profits IVA CCAdj Net interest Gross domestic product of financial corporate business Gross domestic product of nonfinancial corporate business Capital consumption allowances with CCAdj 214.4 82.3 132.0 37.4 209.1 77.7 131.4 47.0 221.8 85.2 136.6 39.5 231.5 87.7 143.8 43.7 206.2 76.4 129.9 45.5 209.8 78.1 131.8 49.1 188.8 68.8 120.0 49.8 53.0 94.6 457 -17.2 27.2 84.3 277 -13.9 31.3 97.1 -48.4 -17.8 29.0 100.1 -39.2 -14.7 29.3 84.3 -24.0 -14.7 30.7 82.7 -25.3 134 31.9 70.2 -22.3 -12.8 33.5 -10.6 97 40.1 81.3 81.8 83.3 84.7 80.8 80.3 Profits before tax Profits tax liability .. Profits after tax Dividends Undistributed profits IVA CCAdj Net interest 186.6 173.0 177.1 183.7 Gross domestic product of nonfmancial corporate business... Capital consumption allowances with CCAdj 81.4 189.7 195.9 III I" IV 183.8 63.1 120.6 40.4 184.6 58.9 125.7 50.7 191.3 65.9 125.4 42.7 80.3 -45.7 -14.4 56.1 75.3 -27.7 -10.5 64.5 82.7 -48.4 -14.7 59.9 202.9 68.1 134.8 46.9 87.9 -39.2 -11.6 60.5 181.9 57.8 124.1 48.8 75.4 240 -11.4 63.4 187.2 59.5 127.6 52.5 166.4 50.2 116.2 53.4 56.4 75.2 253 -9.9 65.8 62.8 223 -9.1 68.3 106 -6.0 76.8 901.1 883.0 Billions of 1972 dollars Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies Domestic income . .. 1,535.2 1,732.9 1,604.7 1,690.1 1,716.3 1,760.3 1,764.8 165.9 II I 1,369.3 1,546.3 1,431.7 1,513.1 1,532.6 1,570.6 1,569.0 Net domestic product Indirect business tax and nontax liability plus business transfer pay181.7 186.0 152.5 183.3 165.1 179.2 182.1 185.7 ments less subsidies 1,216.9 1,363.1 1,266.6 1,333.9 1,350.5 1,384.9 1,383.0 Domestic income Compensation of em1,037.2 1,152.2 1,078.5 1,121.3 1,140.6 1,167.2 1,179.7 1,191.4 ployees 864.2 955.6 898.2 930.7 946.5 968.3 977.0 984.3 Wages and salaries Supplements to 190.5 194.1 198.9 202.7 207.1 wages and salaries ... 172.9 196.6 180.4 Corporate profits with 123.6 146.4 128.2 152.1 146.5 152.0 134.9 IVA and CCAdj 211.7 207.7 1982 1981 1980 IV 1,616.5 1,814.7 1,688.0 1,774.8 1,797.1 1,840.6 1,846.2 175.4 1981 IP 199.6 867.2 896.6 876.9 901.0 901.2 88.1 91.8 89.4 90.4 91.2 92.3 93.2 779.0 804.8 787.5 810.6 810.0 808.8 789.8 95.4 683.6 97.3 707.5 97.2 690.3 97.5 713.1 96.7 713.3 97.7 711.1 97.4 692.4 94.1 98.0 Table 1.14-1.15.—Auto Output in Current and Constant Dollars Billions of 1972 dollars Billions of dollars Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1980 Auto output Final sales Personal consumption expenditures New autos Net purchases of used autos Producers' durable equipment New autos Net purchases of used autos Net exports Exports Imports Government purchases Change in business inventories New Used . . Addenda: Domestic output of new autos2 * Sales of imported new autos . .. 1981 1980 1982 1981 IV I II III IV I" 1980 1981 1982 1981 1980 IV I II III IV IP 60.2 69.6 68.8 68.1 73.6 76.8 60.2 55.2 38.6 41.8 42.8 42.8 44.3 44.8 35.1 32.4 62.2 61.8 46.2 15.6 12.4 21.2 -8.8 -12.9 4.0 16.8 .8 -1.9 -1.3 -.6 69.2 68.0 49.6 18.4 14.3 24.3 -10.0 -13.9 3.9 17.8 .8 .4 .2 .2 65.5 66.1 48.8 17.3 12.5 22.4 -9.9 -13.9 3.9 17.8 .8 3.2 3.5 -.3 77.9 75.6 57.4 18.2 13.7 24.7 -11.0 -12.2 4.1 16.3 .8 -9.8 -10.8 1.0 62.7 63.3 44.3 19.0 12.9 22.3 -9.4 -14.2 4.0 18.2 .7 10.9 12.5 -1.6 75.2 70.2 51.6 18.6 17.2 28.8 116 -13.1 4.6 17.7 .9 1.6 -.7 2.3 61.1 62.9 45.0 17.9 13.4 21.4 -7.9 -15.9 2.9 18.8 .8 -.9 -.2 -.7 69.7 69.5 50.8 18.7 15.2 24.5 -9.3 -15.7 2.3 18.0 .8 -14.5 -14.6 .1 39.9 36.5 28.6 7.8 8.5 13.2 -4.7 -5.5 2.4 8.0 .5 -1.3 9 -.3 41.4 36.5 29.1 7.4 9.9 14.2 -4.3 -5.4 2.3 7.7 .5 .3 .2 .1 40.9 37.5 29.7 7.8 8.9 13.6 47 -6.0 2.4 8.3 .5 1.9 2.1 -.1 48.5 42.8 35.0 7.8 9.9 15.0 -5.0 -4.7 2.5 7.2 .5 -5.7 -6.2 .4 37.8 34.2 26.1 8.1 8.8 13.0 -4.3 -5.6 2.4 8.0 .4 6.6 7.3 -.7 44.1 37.0 29.7 7.3 11.6 16.5 -4.9 -5.0 2.6 7.7 .5 .7 2 1.0 35.4 32.3 25.8 6.5 9.1 12.2 -3.1 -6.4 1.6 8.1 .4 -.2 0 3 40.3 35.8 29.1 6.7 10.4 14.0 35 -6.4 1.3 7.6 .4 -7.9 -7.9 .0 48.8 21.7 54.7 24.7 55.4 23.2 52.2 26.3 59.1 23.5 61.6 24.4 45.8 24.8 38.9 27.7 30.2 13.5 32.0 14.5 33.7 14.1 31.8 16.0 34.8 13.8 35.4 14.0 26.2 14.2 22.3 15.9 Table 1.16-1.17.—Truck Output in Current and Constant Dollars Truck output l . Final sales Personal consumption expenditures Producers' durable equipment Net exports Exports Imports Government purchases Change in business inventories 257 270 277 27 0 28 5 254 273 28 3 13 8 13 1 14 3 13 6 13 9 12 1 12 8 13 2 27.8 79 176 11 31 41 33 27.2 81 170 16 33 49 38 26.8 75 168 10 33 43 35 27.6 78 169 7 36 43 36 281 82 174 11 34 45 37 27.4 86 175 25 32 57 38 25.8 79 163 22 31 53 39 31 1 106 186 22 29 50 41 149 49 91 g 16 23 17 132 48 77 10 15 25 17 137 45 82 7 16 23 17 139 47 80 6 17 23 17 137 48 80 g 15 24 17 130 49 78 14 14 28 17 120 45 71 13 13 26 17 146 61 80 13 12 25 17 -.2 9 6 1.5 28 12 1 5 3 2 10 7 1.3 -2.1 Table 1.14-1.15: 1. Consists of final sales and change in business inventories of new autos produced in the United States. 2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. 4 -2.0 Table 1.16-1.17: 1. Includes new trucks only. 12 SURVEY OF CURRENT BUSINESS April Table 2.2-2.3.—Personal Consumption Expenditures by Major Type of Product in Current and Constant Dollars Table 2.1.—Personal Income and Its Disposition Billions of dollars Billions of dollars Seasonally adjusted at annual rates 1980 1981 IV 1982 1981 1980 I III II Seasonally adjusted at annual rates IV 1980 I" 1981 I IV Wage and salary disbursements Commodity-producing industries Manufacturing Distributive industries Service industries Government and government enterprises 1,343.7 1,482.7 1,397.8 1,442.9 1,467.0 1,498.5 1,522.5 1,539.0 465.4 350.7 328.9 295.7 512.7 387.3 361.1 335.0 484.0 364.9 340.6 310.0 501.3 377.4 351.9 322.5 508.1 386.7 357.8 330.5 520.2 393.9 365.3 338.5 521.0 391.0 369.5 348.7 521.2 390.3 373.5 357.0 287.3 253.6 273.9 263.3 267.1 270.5 274.5 Other labor income 137.1 154.1 143.5 148.0 151.8 156.3 160.4 163.8 Proprietors' income with IVA and CCAdj 130.6 134.8 134.0 132.1 134.1 137.1 135.9 129.0 23.4 107.2 22.4 112.4 22.5 111.6 18.9 113.2 21.7 112.5 24.7 112.4 24.4 111.5 18.2 110.8 Rental income of persons with CCAdj . . 31.8 33.6 32.4 32.7 33.3 33.9 34.5 34.8 Personal dividend income 54.4 61.3 56.1 58.0 60.2 63.0 64.1 64.7 Personal interest income 256.3 308.5 269.7 288.7 300.9 315.7 328.7 338.5 Transfer payments 294.2 333.2 313.9 319.6 324.2 342.2 347.0 354.1 153.8 180.4 165.3 169.8 172.0 188.5 191.2 194.5 18.3 16.3 Farm.. . Nonfarm Old-age, survivors, disability, and health insurance benefits Government unemployment insurance benefits Veterans benefits Government employees retirement benefits Other transfer payments.... Aid to families with dependent children Other Less: Personal contributions for social insurance . and I" IV III 16.0 15.0 15.5 16.0 17.5 15.5 15.6 15.9 15.6 15.9 14.8 15.9 16.0 16.4 42.8 66.7 48.5 72.8 45.7 69.9 46.7 71.7 48.5 72.3 48.9 74.0 49.9 73.4 50.4 74.7 12.4 54.3 13.4 59.4 13.1 56.8 13.3 58.3 13.6 58.7 13.4 60.5 13.3 60.1 14.2 60.5 111.2 397.4 87.9 104.2 91.2 102.3 103.1 105.0 106.5 338.5 388.2 359.2 372.0 382.9 399.8 398.0 1,821.7 2,016.0 1,897.0 1,947.8 1,985.6 2,042.0 2,088.5 2,115.3 1,720.4 1,908.4 1,799.4 1,858.9 Addenda: Disposable personal income: Total, billions of 1972 dollars Per capita: Current dollars 1972 dollars Population (millions) Personal saving as percentage of disposable personal income Nondurable goods Food Clothing and shoes Gasoline and oil Other nondurable goods Fuel oil and coal Other Housing Household operation Electricity and gas Other Transportation Other 1,672.8 1,857.8 1,751.0 1,810.1 1,829.1 1,883.9 1,908.3 1,950.7 211.9 232.0 223.3 238.3 227.3 236.2 226.4 236.8 89.9 98.3 94.6 105.4 93.4 101.6 92.8 101.9 84.6 37.3 92.6 41.2 88.9 39.8 92.3 40.6 92.4 41.6 93.2 41.4 92.6 41.0 91.7 43.1 675.7 743.2 703.5 726.0 735.3 751.3 760.3 766.1 345.7 104.8 89.0 136.2 19.8 116.4 382.0 115.9 94.6 150.7 21.0 129.8 360.4 109.4 90.5 143.3 20.5 122.7 372.5 113.4 93.5 146.6 20.5 126.1 377.8 115.8 92.4 149.4 21.0 128.4 386.5 117.5 95.1 152.1 21.3 130.8 391.1 117.0 97.4 154.7 21.0 133.8 397.2 119.5 96.8 152.7 18.9 133.8 785.2 882.6 824.2 845.8 866.5 896.4 921.5 947.8 272.0 111.6 55.7 56.0 64.1 337.5 306.7 126.5 63.0 63.5 68.9 380.5 285.3 116.9 58.8 58.2 67.5 354.5 293.6 118.1 58.4 59.7 67.6 366.5 302.1 123.4 61.5 61.9 67.9 373.0 310.9 130.5 65.5 65.0 69.6 385.4 320.3 133.9 66.5 67.4 70.4 396.9 328.6 136.4 67.9 68.5 72.7 410.2 Billions of 1972 dollars Less: Personal outlays Equals: Personal saving Motor vehicles and parts ... Furniture and household equipment Other Services Equals: Disposable personal income Personal consumption expenditures Interest paid by consumers to business Personal transfer payments to foreigners (net) Personal consumption expenditures Durable goods 283.3 II 2,160.2 2,404.1 2,256.2 2,319.8 2,368.5 2,441.7 2,486.5 2,512.7 Personal income Less: Personal tax nontax payments 1982 1981 1980 1,879.0 1,935.1 1,960.5 2,003.3 1,672.8 1,857.8 1,751.0 1,810.1 1,829.1 1,883.9 1,908.3 1,950.7 46.4 49.5 46.8 47.8 48.9 50.3 1.2 1.0 1.6 1.0 1.0 1.0 1.0 1.0 106.9 128.0 112.1 101.3 107.6 97.6 88.9 106.6 51.2 51.5 Personal consumption expenditures Durable goods Motor vehicles and parts ... Furniture and household equipment Other Nondurable goods Food Clothing and shoes Gasoline and oil Other nondurable goods Fuel oil and coal Other . . . . Services . . Housing Household operation Electricity and gas Other Transportation Other 935.1 958.9 946.8 960.2 955.1 962.8 957.5 966.8 135.8 139.4 139.1 146.8 137.4 140.3 133.1 137.7 53.8 54.2 54.6 60.6 51.7 55.0 49.4 54.3 58.9 23.1 61.1 24.2 60.7 23.8 62.1 24.1 61.2 24.5 60.9 24.3 60.0 23.7 58.8 24.7 358.4 367.3 360.4 364.5 367.0 368.8 368.8 369.7 181.5 78.0 26.2 72.6 4.2 68.4 184.6 83.7 25.2 73.9 3.7 70.2 179.9 80.1 26.3 74.1 4.2 69.8 182.9 82.8 24.9 74.0 3.7 70.3 185.0 84.0 24.4 73.6 3.6 70.0 185.2 84.2 25.7 73.8 3.7 70.1 185.3 83.6 25.7 74.0 3.6 70.4 185.6 85.4 26.3 72.4 3.3 69.2 440.9 452.2 447.3 448.9 450.7 453.7 455.6 459.4 164.2 61.5 23.3 38.3 34.8 180.4 170.2 62.6 23.1 39.5 34.6 184.8 166.5 62.1 23.4 38.7 35.1 183.6 168.0 61.4 22.6 38.8 34.8 184.6 169.6 62.4 23.2 39.3 34.5 184.2 170.8 63.3 23.4 39.9 34.6 185.0 172.3 63.4 23.3 40.1 34.5 185.3 173.6 63.0 22.9 40.1 35.0 187.7 Table 3.14.—State and Local Government Social Insurance Funds Receipts and Expenditures [Billions of dollars] 1,018.4 1,040.4 1,025.8 1,033.3 1,036.8 1,043.6 1,047.9 1,048.4 8,002 4,473 8,770 4,526 8,299 4,488 8,504 4,511 8,651 4,517 8,873 4,535 9,051 4,541 9,147 4,534 227.7 229.9 228.6 229.1 229.5 230.1 230.7 231.2 5.6 5.3 5.1 4.6 5.4 5.2 6.1 5.3 Receipts Contributions for social insurance Personal contribution Employer contributions Government and government enterprises .... Other Interest and dividends received Expenditures Administrative expenses (purchases of goods and services) Transfer payments to persons Surplus (-) or 45 1 52 1 47 8 49 6 51 5 53 0 54 5 cc n 315 364 33 7 34 8 359 36 9 38 0 39 0 7.7 23.8 8.9 27.6 8.4 25.3 8.6 26.3 8.8 27.1 8.9 28.0 9.1 28.8 9.3 29.7 21.0 2g 24.3 32 22.4 29 23.2 30 24.0 32 24.7 33 25.5 26.2 O A O r 13 6 157 14 1 14 8 1^ 6 1c o ic r 18.2 200 18 8 19 2 19 8 20 3 20 8 6 g g g g g g 176 194 18 2 18 7 19 2 19 7 20 2 9ft 7 26 9 32 i 29 o 30 4 31 7 qo 7 qo 7 1A 7 deficit 91 9. Table 3.14: NOTE.—In this table, interest and dividends received are included in receipts; in tables 3.2 and 3.3, interest received and dividends received are netted against expenditures. SURVEY OF CURRENT BUSINESS April Table 3.3.—State and Local Government Receipts and Expenditures Table 3.2.—Federal Government Receipts and Expenditures 1980 1981 Billions of dollars Billions of dollars Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1980 IV Receipts 540.8 Personal tax and nontax receipts Income taxes Estate and gift taxes Nontaxes Corporate profits tax accruals Indirect business tax and nontax accruals Excise taxes Customs duties Nontaxes Contributions for social insurance Expenditures 626.0 573.2 1982 1981 I 617.4 1980 III IV 621.0 638.3 627.2 III IV IP 417.2 403.4 411.7 413.6 419.6 423.7 80.7 44.9 27.9 7.9 91.9 51.9 31.4 8.7 86.3 49.1 29.0 8.2 88.6 50.4 29.8 8.4 89.7 50.3 30.7 8.6 93.3 52.6 31.8 8.8 96.1 54.0 33.0 9.0 12.2 11.7 12.6 13.1 11.6 11.7 10.4 171.6 82.9 67.5 21.2 189.9 92.7 72.6 24.6 179.0 87.5 68.9 22.6 184.9 91.2 70.3 23.3 186.9 90.9 71.9 24.1 192.3 94.2 73.1 25.0 195.5 94.4 75.0 26.0 199.9 95.8 77.0 27.1 39.0 296.2 289.0 7.0 .2 272.9 265.9 6.8 .2 283.3 276.8 6.4 .2 293.2 286.0 7.0 .2 306.4 299.1 7.1 .2 302.0 294.1 7.5 .3 70.2 66.0 72.6 74.6 64.8 66.4 58.3 Corporate profits tax accruals Indirect business tax and nontax accruals Sales taxes Property taxes Other 98.6 55.0 34.3 9.2 40.6 29.1 7.2 4.4 61.2 47.5 8.6 5.1 49.1 36.1 7.3 5.6 60.6 47.8 7.7 5.0 62.6 49.6 8.1 4.9 61.8 47.6 9.0 5.2 59.9 45.1 9.4 5.4 50.8 36.2 8.8 5.8 172.2 202.5 178.6 198.9 200.4 203.7 207.0 214.5 Contributions for social insurance 31.5 36.4 33.7 34.8 35.9 36.9 38.0 602.0 688.4 641.1 664.0 668.2 694.0 727.2 735.1 Federal grants-in-aid 88.0 87.2 91.8 90.2 89.6 85.4 83.7 82.9 355.0 380.5 366.3 374.8 377.5 381.8 387.8 392.3 335.8 361.0 346.6 354.9 357.9 362.5 368.7 372.3 187.4 148.4 203.3 157.7 193.3 153.3 198.0 156.9 201.6 156.2 205.0 157.5 208.7 160.0 212.6 159.7 212.0 141.6 70.4 221.6 145.2 76.4 219.5 148.2 71.3 226.4 154.1 72.2 253.3 169.7 83.5 255.7 171.5 84.1 Transfer payments To persons To foreigners 249.8 244.9 4.9 284.5 279.4 5.2 269.0 262.6 6.4 271.9 267.3 4.7 274.8 270.7 4.1 293.6 287.8 5.8 297.9 291.7 6.2 302.4 297.0 5.4 88.0 87.2 91.8 90.2 89.6 85.4 83.7 82.9 53.3 67.5 73.1 91.2 55.2 70.8 67.7 84.4 70.4 88.0 75.6 94.3 78.7 98.1 81.0 102.2 55.0 12.5 14.2 74.4 16.7 18.1 56.7 14.1 15.6 68.6 15.8 16.7 71.0 17.0 17.6 77.2 17.1 18.7 81.0 17.1 19.4 84.6 17.6 21.2 12.0 10.7 13.4 12.8 13.1 11.6 12.6 11.9 13.9 12.2 13.3 12.7 13.6 14.5 13.1 14.1 -.6 .9 .2 -.1 Subsidies less current surplus of government enterprises Subsidies Less: Current surplus of government enterprises- -1.3 -.5 -1.4 -.7 -1.7 Less: Wage accruals less disbursements 0 0 0 0 0 Social insurance funds Other II 384.0 257.8 251.0 6.6 .2 298.8 290.6 7.9 .4 1982 1981 I Personal tax and nontax receipts Income taxes Nontaxes Other Receipts 230.2 154.3 75.9 Surplus or deficit (-), NIPA's 1980 IV 198.9 131.7 67.2 Net interest paid .... Interest paid To persons and business To foreigners Less: Interest received 1981 lp II Purchases of goods and services National defense Nondefense Grants-in-aid to State and local governments . . . . 13 -61.2 -62.4 -67.9 -46.6 -47.2 -55.7 -100.0 -14.2 -47.0 -12.4 -50.0 -22.2 -45.8 -4.6 -42.0 -6.1 -41.1 -18.9 -36.8 -19.8 -80.2 Expenditures Purchases of goods and services . . .. Compensation of employees Other Transfer payments to persons 38.9 42.2 40.5 41.2 42.1 42.6 43.1 44.7 Net interest paid . Interest paid Less: Interest received -10.8 17.6 28.4 -12.8 19.4 32.3 -11.4 18.0 29.5 -11.8 18.6 30.4 -12.4 19.2 31.6 13.2 19.7 32.9 -13.9 20.3 34.2 -14.4 21.0 35.4 Less: Dividends received 1.6 1.8 1.6 1.6 1.8 1.8 1.9 2.0 Subsidies less current surplus of government enterprises Subsidies Less: Current surplus of government enterprises.. -7.4 .4 -8.2 .4 -7.7 .4 -7.9 .4 -8.2 .4 -8.2 .4 -8.3 .4 -8.3 .4 7.7 8.6 8.1 8.3 8.6 8.6 8.7 8.7 1.1 Less: Wage accruals less disbursements 0 0 0 0 0 0 0 0 -.2 * Surplus or deficit ( - ), NIPA's 29.1 36.7 37.1 36.9 36.1 37.8 35.9 26.9 2.1 32.1 4.6 29.0 8.1 30.4 6.6 31.7 4.3 32.7 5.1 33.7 2.2 Social insurance funds Other 34.7 -17.6 Table 3.7B-3.8B.—Government Purchases of Goods and Services by Type in Current and Constant Dollars Billions of dollars Billions of 1972 dollars Seasonally adjusted at annual rates 1980 1981 1980 IV I II Seasonally adjusted at annual rates 1982 1981 III IV I" 1980 1981 1980 IV 1982 1981 I II III IV I" 534.7 591.2 558.6 576.5 577.4 588.9 622.0 628.0 290.0 291.7 289.8 293.6 289.5 288.3 295.4 295.8 Federal National defense Durable goods Nondurable goods Services Compensation of employees. Military Civilian Other services Structures 198.9 131.7 32.9 10.9 84.7 52.8 30.4 22.4 31.9 3.1 230.2 154.3 39.3 13.3 98.7 59.4 34.9 24.5 39.3 3.1 212.0 221.6 141.6 34.9 13.1 90.7 56.8 33.2 23.6 33.9 2.9 145.2 36.3 12.9 93.2 57.4 33.5 23.8 35.9 2.8 219.5 148.2 37.2 13.1 94.9 57.8 33.7 24.2 37.1 3.0 226.4 154.1 40.7 12.3 98.1 58.4 33.9 24.4 39.8 3.0 253.3 169.7 42.9 15.0 108.4 64.0 38.6 25.5 44.4 3.4 255.7 171.5 44.2 13.5 110.7 64.7 38.9 25.8 46.0 3.2 108.1 70.9 18.4 2.5 48.5 32.1 18.9 13.2 16.4 1.6 111.5 73.9 19.3 2.7 50.5 32.4 19.2 13.3 18.1 1.4 107.4 71.9 18.9 2.8 48.8 32.1 19.0 13.1 16.7 1.4 111.2 72.1 18.7 2.7 49.4 32.2 19.0 13.1 17.2 1.4 108.7 72.6 18.7 2.7 49.8 32.3 19.1 13.2 17.5 1.4 109.6 74.0 19.5 2.5 50.6 32.6 19.2 13.3 18.1 1.4 116.6 76.9 20.1 2.9 52.3 32.7 19.3 13.3 19.6 1.5 118.3 76.9 20.1 2.6 52.8 32.8 19.4 13.4 20.0 1.4 Nondefense Durable goods Nondurable goods Services Compensation of employees Other services Structures 67.2 1.5 4.1 55.1 29.1 25.9 6.6 75.9 1.8 10.5 56.3 30.6 25.7 7.3 70.4 1.6 5.3 57.0 30.3 26.7 6.5 76.4 2.0 9.2 57.6 30.6 27.0 7.7 71.3 1.8 5.4 57.0 30.4 26.5 7.2 72.2 1.6 8.6 55.0 30.1 24.9 7.1 83.5 1.7 18.8 55.7 31.3 24.4 7.4 84.1 1.7 19.4 55.9 31.5 24.4 7.1 37.2 .9 2.0 31.1 17.1 14.0 3.2 37.6 .9 4.2 29.2 16.6 12.6 3.3 35.4 .9 .8 30.7 16.8 13.9 3.0 39.0 1.0 4.0 30.5 16.8 13.6 3.5 36.1 1.0 2.1 29.8 16.7 13.1 3.2 35.6 .8 3.1 28.5 16.4 12.0 3.1 39.7 .8 7.7 28.0 16.4 11.6 3.2 41.4 .8 9.8 27.7 16.3 11.4 3.1 335.8 10.6 26.3 253.7 187.4 66.3 45.3 361.0 11.2 29.1 277.6 203.3 74.2 43.2 346.6 10.9 27.8 262.2 193.3 69.0 45.7 354.9 11.1 28.3 268.5 198.0 70.4 47.1 357.9 11.3 28.8 274.5 201.6 72.8 43.3 362.5 11.2 29.6 281.1 205.0 76.1 40.7 368.7 11.2 29.7 286.3 208.7 77.6 41.6 372.3 11.1 29.8 291.3 212.6 78.7 40.1 181.9 6.3 13.7 141.4 106.0 35.4 20.5 180.2 6.1 14.0 141.6 105.9 35.7 18.5 182.4 6.2 14.0 142.0 106.3 35.6 20.2 182.5 6.2 14.0 141.9 106.4 35.5 20.4 180.7 6.2 14.0 141.9 106.2 35.7 18.6 178.8 6.1 14.0 141.4 105.6 35.8 17.3 178.8 6.0 14.0 141.2 105.4 35.7 17.7 177.5 5.9 13.9 140.8 105.3 35.5 16.9 Government purchases of goods and services State and local Durable goods Nondurable goods Services Compensation of employees Other services Structures . . . ... ... 14 SURVEY OF CURRENT BUSINESS April Table 4.1-4.2—Foreign Transactions in the National Income and Product Accounts in Current and Constant Dollars Billions of 1972 dollars Billions of dollars Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1980 1981 1980 IV Recei ts from forei ners Kxports of goods and services . . Merchandise Durable goods Nondurable goods . ... Services Factor income * Other 1982 1981 I II III IV I" 1980 1981 1980 IV 1981 I II 1982 III IV I" 340.9 368.4 347.2 368.5 369.3 369.1 366.7 359.0 339.8 218.2 127.7 90.5 367.3 229.8 132.7 97.0 346.1 221.0 127.5 93.6 367.4 236.3 132.5 103.9 368.2 234.2 139.4 94.8 368.0 225.1 132.6 92.5 365.6 223.4 126.4 96.9 359.0 219.5 122.6 96.9 161.1 92.2 55.6 36.6 160.4 89.0 51.1 37.8 157.4 89.0 52.5 36.4 162.5 92.4 52.9 39.5 161.5 91.0 54.3 36.7 160.1 86.6 50.2 36.4 157.4 85.8 47.2 38.6 153.7 84.2 45.5 38.6 121.6 79.5 42.1 137.6 91.7 45.8 125.0 80.7 44.3 131.1 87.1 43.9 134.0 88.7 45.4 142.9 95.9 47.0 142.3 95.2 47.1 139.5 92.2 47.3 68.9 45.4 23.5 71.4 47.8 23.7 68.4 44.4 24.1 70.1 46.7 23.4 70.5 46.9 23.7 73.5 49.5 24.0 71.6 48.0 23.6 69.5 46.1 23.4 1.1 1.1 1.1 1.1 1.1 1.1 1.1 Payments to foreigners 340.9 368.4 347.2 368.5 369.3 369.1 366.7 359.0 Imports of goods and services Merchandise . . Durable goods Nondurable goods 316.5 245.9 112.1 133.8 341.3 260.3 123.8 136.5 322.7 248.8 116.0 132.9 338.2 259.1 116.4 142.7 347.5 265.3 123.3 142.0 338.7 255.8 125.7 130.1 341.0 261.2 129.9 131.2 335.1 249.2 125.9 123.3 109.1 74.0 47.6 26.4 115.5 78.4 51.1 27.3 108.9 73.4 47.5 25.8 111.6 74.5 47.7 26.8 115.4 77.3 50.6 26.7 116.9 79.1 52.0 27.1 118.2 83.0 54.3 28.7 115.8 78.0 51.9 26.1 70.6 29.9 40.7 81.0 37.3 43.7 73.9 32.2 41.7 79.1 34.9 44.2 82.2 38.3 43.8 82.9 40.3 42.6 79.8 35.7 44.1 86.0 40.9 45.1 35.1 17.0 18.1 37.1 19.4 17.6 35.5 17.7 17.8 37.1 18.7 18.4 38.1 20.3 17.8 37.8 20.8 17.0 35.2 18.0 17.3 37.8 20.5 17.4 6.0 1.2 4.9 6.2 1.0 5.2 8.0 1.6 6.4 5.7 1.0 4.7 5.1 1.0 4.1 6.8 1.0 5.8 7.2 1.0 6.2 6.4 1.0 5.4 12.5 16.7 14.1 15.8 17.0 17.1 17.1 17.6 5.9 4.2 2.3 8.8 -.2 6.5 1.5 -.2 Capital grants received by the United States (net) Services Factor income 1 Other Transfer payments (net) From persons (net) From government (net) .. Interest paid by government to foreigners Net foreign investment 0 Table 4-1-4-2: 1. Equals rest-of-the-world production as shown in tables 1.5-1.6. Table 4.3-4.4.—Merchandise Exports and Imports by Type of Product and by End-Use Category in Current and Constant Dollars Billions of 1972 dollars Billions of dollars Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1980 1981 IV 1982 1981 1980 II I III IV IP 1980 1981 1980 IV 1981 I II 1982 III IV I" 218.2 229.8 221.0 236.3 234.2 225.1 223.4 219.5 92.2 89.0 89.0 92.4 91.0 86.6 85.8 Foods, feeds, and beverages 35.9 38.8 38.8 44.9 38.8 35.8 35.9 36.5 15.3 15.7 15.2 17.1 15.1 15.0 15.7 16.0 Industrial supplies and materials. Durable goods Nondurable goods 67.1 24.3 42.8 64.9 20.6 44.3 65.2 22.2 43.0 67.6 22.1 45.5 62.9 21.5 41.4 62.4 19.2 43.2 66.6 19.5 47.1 66.2 19.0 47.2 23.7 8.6 15.1 22.1 7.0 15.1 23.0 7.8 15.2 23.1 7.6 15.5 21.4 7.3 14.1 21.2 6.5 14.7 22.8 6.7 16.1 22.6 6.5 16.1 Capital goods, except autos 73.5 80.1 75.5 79.1 83.4 80.2 77.7 76.9 34.7 32.3 33.1 33.3 34.1 31.6 30.0 29.6 Autos 16.9 18.9 18.1 18.5 20.8 20.2 16.3 15.0 6.8 6.6 6.8 6.8 7.3 6.9 5.4 4.9 Consumer goods Durable goods Nondurable goods 16.5 8.8 7.7 16.0 7.6 8.4 16.1 8.0 8.1 16.6 7.9 8.6 16.4 7.8 8.6 15.8 7.7 8.2 15.1 7.0 8.1 14.9 6.7 8.2 8.3 3.8 4.5 7.9 3.1 4.8 7.9 3.4 4.6 8.3 3.3 5.0 8.3 3.2 5.1 7.8 3.1 4.7 7.4 2.8 4.6 7.3 2.7 4.6 Other Durable goods Nondurable goods 8.3 4.2 4.2 11.1 5.5 5.5 7.3 3.7 3.7 9.7 4.8 4.8 12.0 6.0 6.0 10.7 5.4 5.3 11.9 6.0 6.0 10.0 5.0 5.0 3.5 1.8 1.8 4.3 2.1 2.1 3.0 1.5 1.5 3.8 1.9 1.9 4.7 2.3 2.3 4.1 2.1 2.1 4.6 2.3 2.3 3.8 1.9 1.9 78.0 Merchandise exports . . . 84.2 Merchandise Imports 245.9 260.3 248.8 259.1 265.3 255.8 261.2 249.2 74.0 78.4 73.4 74.5 77.3 79.1 83.0 Foods, feeds, and beverages 18.2 18.8 19.5 20.5 18.7 18.1 18.0 15.6 6.7 7.3 7.0 7.4 7.0 7.1 7.6 6.5 Industrial supplies and materials, excluding petroleum Durable goods Nondurable goods ... . . . . 52.1 31.2 20.9 56.7 33.8 22.9 51.6 31.2 20.4 55.4 32.1 23.3 57.4 35.3 22.0 57.7 34.7 23.0 56.3 33.1 23.3 54.5 32.3 22.2 17.3 10.2 7.1 19.0 11.3 7.7 16.9 10.0 6.9 18.4 10.6 7.8 19.1 11.7 7.4 19.4 11.6 7.8 19.2 11.3 7.9 18.3 10.8 7.5 Petroleum and products 79.1 77.2 76.8 82.8 84.3 71.3 70.5 67.2 6.9 5.9 6.2 6.3 6.2 5.6 5.7 5.4 Capital goods except autos 30.1 33.8 31.2 32.0 32.1 34.6 36.7 35.3 14.7 17.1 14.8 15.3 16.1 17.7 19.2 18.2 Autos 27.1 30.0 28.9 27.0 30.6 30.6 31.7 31.1 10.9 10.4 10.8 9.8 10.8 10.6 10.4 10.2 34.4 21.2 13.1 38.4 23.5 14.8 34.8 21.7 13.1 37.1 23.2 13.9 36.9 22.6 14.3 38.3 23.3 15.1 41.2 25.1 16.1 39.7 24.3 15.4 15.5 10.9 4.7 16.6 11.3 5.3 15.2 10.7 4.5 15.7 11.2 4.4 16.0 11.0 5.0 16.6 11.0 5.5 18.1 12.0 6.2 17.2 11.6 5.6 4.9 2.5 2.5 5.4 2.7 2.7 6.0 3.0 3.0 4.3 2.1 2.1 5.3 2.6 2.6 5.2 2.6 2.6 6.7 3.4 3.4 5.8 2.9 2.9 2.0 1.0 1.0 2.1 1.1 1.1 2.4 1.2 1.2 1.7 .8 .8 2.1 1.0 1.0 2.1 1.0 1.0 2.7 1.4 1.4 2.3 1.2 1.2 42.3 175.9 166.8 44.9 184.8 183.1 44.8 176.2 172.0 51.5 184.8 176.3 44.9 189.3 181.0 40.7 184.4 184.5 42.7 180.6 190.7 42.3 177.2 182.0 18.0 74.1 67.1 18.2 70.7 72.5 17.7 71.3 67.1 19.7 72.7 68.2 17.6 73.4 71.0 17.0 69.6 73.5 18.6 67.2 77.3 18.4 65.7 72.6 Consumer goods Durable goods Nondurable goods Other Durable goods Nondurable goods ... . . . . Addenda: Exports: Agricultural products Nonagricultural products Imports of nonpetroleum products SURVEY OF CURRENT BUSINESS April Table 5.1.—Gross Saving and Investment 15 Table 5.10-5.11.—Inventories and Final Sales of Business in Current and Constant Dollars Billions of dollars Billions of dollars Seasonally adjusted at annual rates 1980 1981 1980 1981 I IV Seasonally adjusted quarterly totals 1982 II III IV IV Gross saving Gross private saving Personal saving Undistributed corporate profits with IVA and CCAdj Undistributed profits IVA CCAdj.. 401.9 455.5 406.7 442.6 465.3 469.4 444.7 432.9 101.3 480.1 107.6 436.4 97.6 451.1 88.9 475.3 106.6 486.2 106.9 507.7 128.0 44.3 40.4 50.8 55.7 52.0 52.8 42.9 107.2 92.4 106.6 109.6 90.6 91.5 78.0 -45.7 -27.7 -48.4 -39.2 24 0 -25.3 -22.3 -17.2 -13.9 178 -14.7 -14.7 -13.4 -12.8 Capital consumption allowances with CCAdjCorporate 175.4 Noncorporate 111.8 0 Wage accruals less disbursements ... Government surplus or deficit (-), NIPA's Federal State and local Capital grants received United States (net) 197.7 123.9 0 183.2 115.8 -.5 187.5 119.0 0 194.6 122.1 0 201.1 125.4 0 207.7 129.1 0 Gross investment 1.1 1.1 1.1 1.1 1.1 834.4 84.9 749.5 427.7 321.8 820.9 83.4 737.5 418.6 318.8 -9.7 Manufacturing Durable goods Nondurable goods 344.2 222.5 121.8 355.2 226.9 128.2 363.2 231.8 131.3 369.7 239.9 129.8 372.0 242.2 129.8 368.4 239.7 128.7 211.7 132.1 0 Wholesale trade Durable goods Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods 151.7 92.6 59.1 120.7 77.2 43.5 31.0 15.4 15.6 155.7 94.3 61.4 121.8 78.2 43.5 33.9 16.1 17.8 158.8 97.6 61.2 125.3 81.2 44.1 33.5 16.4 17.1 160.6 100.7 60.0 128.0 83.7 44.2 32.6 16.9 15.7 164.3 103.0 61.4 131.3 86.1 45.2 33.1 16.9 16.2 161.4 101.0 60.3 129.0 84.3 44.7 32.3 16.7 15.6 Retail trade Durable goods Nondurable goods Other 130.3 60.8 69.5 66.5 129.8 58.7 71.1 69.4 132.6 61.2 71.4 70.0 139.2 64.0 ,75.2 71.0 140.3 64.1 76.2 72.9 135.0 59.7 75.4 72.7 194.1 121.9 201.4 127.6 202.2 126.5 207.5 128.9 210.3 129.5 214.1 131.3 4.05 3.57 3.96 3.53 4.01 3.58 3.98 3.57 3.97 3.56 3.83 3.44 5.68 5.56 5.73 5.74 5.79 5.62 106 1.1 0 400.1 446.0 458.3 469.6 444.8 392.4 450.5 4.2 397.7 2.3 437.1 8.8 458.6 -.2 463.0 6.5 443.3 1.5 392.6 -.2 7 g .2 .2 p y Table 5.8-5.9.—Change in Business Inventories by Industry in Current and Constant Dollars Seasonally adjusted at annual rates 1981 1980 IV Change in business inventories Farm Nonfarm Change in book value IVA1 Manufacturing Durable goods Nondurable goods Wholesale trade Durable goods Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods Retail trade Durable goods Nondurable goods Other Durable goods 5.9 16.2 -17.4 1981 1982 I II III 4.5 23.3 27.5 IV IP 9.4 -40.0 12 2.4 -3.4 24 1.8 4.4 5.6 -1.2 -4.7 13.8 -14.0 6.8 21.5 23.1 3.7 -38.8 49.3 45.4 42.4 52.7 47.8 51.7 29.5 -27.3 -54.0 -31.6 -56.4 -45.9 -26.3 -28.6 -25.8 -11.5 -2.1 -.5 -1.6 1.0 .8 .2 1.5 1.1 .4 -.5 -.3 -.2 -4.4 -4.4 0 .8 .1 .8 5.2 3.6 1.6 4.8 3.8 1.0 5.2 3.7 1.5 -.4 .2 -.5 3.3 0 3.2 .5 -.1 .5 -9.7 -1.6 -8.1 .6 2.0 -1.4 .7 2.5 -1.8 I -.5 .4 -4.5 .5 -4.9 4 -.2 2 15.0 6.2 8.9 .4 -.9 1.3 -3.8 10 -2.7 4.2 .2 4.0 -9.4 -9.3 -.1 .8 -.1 .9 2.0 .6 1.4 7.5 6.3 1.2 9.7 6.4 3.3 22 -.1 -2.1 14.4 11.7 2.7 -2.4 -.1 23 10.8 12.1 -1.3 .6 5.4 48 4.6 4.0 .6 40 1.4 54 10.0 1.2 8.8 1.7 -.1 1.7 -6.9 -10.3 44 122 1.9 -2.5 10.7 -9.5 4.6 -8.7 8 6.2 10.3 -8.3 5.4 77 4.9 -.6 .4 13 -.8 -1.0 -.2 1.3 -1.8 -19.6 34 -16.6 1.6 -3.1 1.7 .7 j -.1 .7 L8 Billions of 1972 dollars Change in business inventories Farm Nonfarm Change in book value IVA1 Manufacturing Durable goods Nondurable goods Wholesale trade Durable goods Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods Retail trade Durable goods Nondurable goods Other . Durable goods Nondurable goods Final sales 2 Final sales of goods and structures Ratio* Inventories to final sales Nonfarm inventories to final sales Nonfarm inventories to final sales of goods and structures Billions of 1972 dollars Inventories 1 Billions of dollars 1980 2.9 7.1 -7.2 14.9 1.2 5.9 15 -5.6 -1.4 Ii -.3 10.8 -.5 24 .9 9.9 2.2 12.8 10 -.1 -.9 .5 .5 0 .6 .6 .1 -.2 1 0 -2.2 -2.2 .1 .3 0 .2 2.1 1.5 .6 2.2 1.6 .7 2.2 1.5 .7 0 .1 0 1.5 0 1.5 .1 0 .1 -3.6 -.7 28 0 .7 -.8 .3 1.0 -.7 -.3 -.3 1 -1.9 .4 -2.3 -.2 -.1 -.1 4.6 2.5 2.1 -1.0 _9 1 16 -1.0 -.7 .7 .1 .6 -4.3 -4.7 .5 .4 0 .4 .9 .4 .5 3.0 2.8 .2 3.2 2.8 .4 -.3 0 2 6.9 5.8 1.1 -.9 0 -.9 5.4 5.2 .2 2.7 2.3 .4 2.7 1.7 1.0 0 .6 6 4.5 .4 4.1 .2 0 .2 4.2 -17.5 5 2.9 1.3 -16.9 -2.4 20 4 4.3 2.1 2.2 4.6 2.5 2.1 -.2 -.4 .1 -1.1 -1.6 .4 .6 0 .6 IP 825.6 85.1 740.5 422.7 317.8 454.7 -6.9 IV 811.3 86.7 724.6 408.8 315.8 401.2 3.4 III 796.9 86.9 710.0 397.8 312.2 Gross private domestic investment.. 395.3 Net foreign investment 5.9 -6.6 II 785.4 92.6 692.8 393.7 299.1 the 1.1 I Inventories l . Farm Nonfarm Durable goods Nondurable goods "112.0 -32.1 -25.7 -30.8 -9.7 -11.2 -17.9 -64.1 -61.2 -62.4 -67.9 -46.6 -47.2 -55.7 -10QO 29.1 36.7 37.1 36.9 36.1 35.9 37.8 by 1982 1981 1980 1" -4.8 52 .4 -3.6 -3.9 .2 -3.2 34 .3 -.5 -.4 0 -8.6 -7.7 9 .1 0 .2 340.6 340.2 342.9 346.6 347.7 343.3 43.0 297.6 179.9 117.6 42.7 297.5 179.2 118.3 42.9 300.0 181.4 118.6 43.5 303.2 183.3 119.8 44.2 303.5 183.0 120.5 44.0 299.3 178.8 120.5 145.0 98.9 46.1 146.1 99.5 46.6 146.3 99.6 46.8 147.7 100.9 46.8 147.1 100.4 46.7 145.9 99.1 46.8 Wholesale trade . Durable goods Nondurable goods Merchant wholesalers Durable goods .. Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods 64.7 42.7 22.0 53.4 35.5 17.9 11.2 7.1 4.1 64.4 42.4 22.0 53.0 35.3 17.7 11.4 7.1 4.3 65.2 43.1 22.0 53.8 36.0 17.8 11.3 7.1 4.2 65.8 43.7 22.1 54.5 36.4 18.1 11.4 7.3 4.1 66.9 44.2 22.7 55.6 37.0 18.6 11.3 7.2 4.1 66.0 43.2 22.8 54.8 36.2 18.7 11.2 7.1 4.1 Retail trade Durable goods Nondurable goods Other 64.6 30.3 34.2 23.4 63.5 29.2 34.4 23.4 65.2 30.6 34.6 23.2 66.4 30.7 35.7 23.3 66.1 30.3 35.8 23.4 63.9 28.4 35.5 23.5 105.4 65.9 107.3 67.9 105.9 66.2 105.9 65.9 105.2 65.1 106.1 65.7 3.23 2.82 3.17 2.77 3.24 2.83 3.27 2.86 3.31 2.89 3.24 2.82 4.51 4.38 4.53 4.60 4.66 4.55 Farm Nonfarm Durable goods Nondurable goods . Manufacturing Durable goods Nondurable goods Final sales 2 Final sales of goods and structures Ratio' Inventories to final sales Nonfarm inventories to final sales Nonfarm inventories to final sales of goods and structures Table 5.10-5.11: 1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories calculated from current-dollar inventories in this table is not the current-dollar change in business inventories (CBI) component of GNP. The former is the difference between two inventory stocks, each valued at their respective end-of-quarter prices. The latter is the change in the physical volume of inventories valued at average prices of the quarter. In addition, changes calculated from this table are at quarter rates, whereas CBI is stated at annual rates. Quarter-to-quarter changes calculated from the constant-dollar inventories shown in this table are at quarterly rates, whereas the constant-dollar change in business inventories component of GNP is stated at annual rates. 2. Quarterly totals at monthly rates. Business final sales equals final sales less gross product of households and institutions, government, and rest-of-the-world and includes a small amount of final sales by farms. Table 5.8-5.9: 1. The IVA shown in this table differs from that which adjusts business income. The IVA in this table reflects the mix of methods (first-in-first-out, last-in-first-out, etc.) underlying book value inventories derived primarily from Census Bureau Statistics. The mix differs from that underlying business income derived primarily from Internal Revenue Service statistics. 16 SURVEY OF CURRENT BUSINESS Table 6.4.—National Income Without Capital Consumption Adjustment by Industry April Table 7.1-7.2.—Implicit Price Deflators and Fixed-Weighted Price Indexes, 1972 Weights, for Gross National Product Implicit price deflators, 1972=100 Billions of dollars Seasonally adjusted Seasonally adjusted at annual rates 1980 1981 1980 1981 IV National income without CCAdj I II III 2,130.8 2,352.8 2,217.1 2,297.9 2,330.7 2,382.0 2,400.3 1,829.1 2,023.3 1,903.1 1,977.2 2,005.4 2,051.3 2,059.3 Agriculture, forestry, and fisheries Mining Construction 62.8 37.0 108.4 67.3 44.5 114.9 63.4 40.9 111.6 61.4 42.5 116.4 65.8 41.0 114.1 70.3 46.1 113.8 71.7 48.5 115.2 Manufacturing Durable goods Nondurable goods 527.2 311.5 215.7 584.4 350.2 234.2 548.1 329.2 218.9 577.2 346.4 230.9 586.3 354.9 231.4 596.6 355.0 241.6 577.4 344.6 232.8 Transportation and public utilities Transportation Communication Electric, gas, and sanitary services 174.3 80.0 50.1 193.8 85.3 56.1 180.9 82.5 54.0 187.5 84.7 53.9 190.8 85.3 54.4 195.5 85.4 56.7 201.3 85.7 59.5 Government and government enterprises Rest of the world 44.3 52.4 44.4 48.9 51.2 53.5 56.1 133.8 180.0 151.5 201.0 139.6 186.6 146.6 197.1 148.5 200.1 153.6 204.2 157\4 202.4 290.8 314.8 312.6 353.3 304.0 327.9 308.1 340.4 309.9 348.7 313.7 357.5 318.8 366.8 301.7 329.4 314.0 320.7 325.3 330.8 341.0 49.7 54.4 48.6 52.3 50.4 55.6 59.6 Corporate profits with IVA and CCAdj Domestic industries Financial Nonfinancial Rest of the world Corporate with IVA 184.9 160.5 195.2 184.3 188.5 162.3 199.2 188.4 191.5 165.4 200.4 192.2 195.7 168.3 203.7 197.6 199.3 170.1 206.2 202.3 201.8 171.9 207.2 206.3 Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment .. Residential Nonfarm structures Farm structures Producers' durable equipment 194.2 186.8 224.7 170.2 218.6 221.7 219.9 149.4 209.2 202.5 246.3 182.4 233.3 236.8 235.5 159.4 199.9 192.4 233.3 174.5 223.3 226.3 224.2 152.4 203.1 195.0 236.2 176.8 228.7 231.8 229.6 155.2 208.4 201.4 244.1 182.0 231.8 235.0 233.4 158.0 210.9 204.5 249.2 184.0 235.4 239.1 237.6 161.5 214.7 208.9 255.3 186.7 238.8 242.9 241.2 163.1 215.5 209.3 258.4 186.2 242.0 246.1 245.3 166.1 .. . 211.0 290.1 229.0 295.5 219.9 296.4 226.1 303.1 228.0 301.2 229.8 289.8 232.2 288.5 233.6 289.3 184.4 183.9 185.6 180.6 184.7 202.7 206.4 208.8 201.7 200.3 192.8 197.4 196.8 198.7 190.0 196.4 199.4 201.2 195.9 194.5 199.5 201.9 204.2 197.3 198.0 204.2 206.6 208.3 203.1 202.8 210.6 217.2 220.8 210.3 206.2 212.3 216.2 223.1 203.3 209.8 . Fixed-weighted price indexes, 1972 = 100 183.3 200.4 189.7 194.4 198.1 202.6 206.9 209.7 184.3 160.1 195.6 182.0 201.0 171.9 212.6 200.2 190.8 164.9 202.9 188.5 195.8 166.7 209.5 193.1 198.9 170.4 211.2 197.3 202.9 174.0 213.5 202.8 206.4 176.5 216.2 207.6 209.1 177.9 217.7 211.9 203.8 195.5 217.9 Structures Producers' durable equipment .. 182.6 Residential 219.6 Change in business inventories 220.9 213.6 235.7 200.9 234.8 209.7 202.0 224.1 189.4 224.3 214.6 206.7 229.0 193.9 229.7 219.1 211.8 233.5 199.3 233.1 223.4 216.1 238.1 203.4 237.3 227.1 219.8 241.7 207.1 240.9 230.7 223.3 245.9 210.4 244.5 Personal consumption Durable goods Nr>nrhiraV»lt> crrwlc II III IV 182.7 191.7 183.3 203.0 190.3 195.7 177.6 151.5 27.9 123.6 167.5 21.1 146.4 155.6 27.4 128.2 177.6 25.5 152.1 167.6 21.0 146.5 171.1 19.2 152.0 153.6 18.7 134.9 31.1 24.2 27.7 25.4 22.8 24.5 24.0 199.8 205.6 201.0 217.7 205.1 209.1 190.4 168.7 181.4 173.4 192.3 182.3 184.6 166.4 Financial Federal Reserve Banks... Other 30.6 11.9 18.7 24.5 14.5 10.0 30.5 12.0 18.5 28.6 13.5 15.1 24.3 14.3 10.1 22.7 15.2 7.5 22.4 15.2 7.2 Nonfinancial Manufacturing Durable goods Primary metal industries Fabricated metal products Machinery, except electrical Electric and electronic equipment .. Motor vehicles and equipment Other 138.1 74.5 20.9 156.9 82.0 27.0 142.9 76.2 25.8 163.7 90.4 31.5 158.0 84.4 31.9 161.9 85.1 26.0 144.0 68.0 18.7 3.1 3.6 3.8 5.1 3.8 3.7 1.6 3.9 3.9 4.8 4.1 4.6 4.7 2.4 6.3 8.6 6.1 8.7 8.2 8.6 8.9 5.3 6.6 5.3 8.4 6.2 6.6 5.4 -4.3 6.5 -.7 5.0 -.8 6.6 -1.6 6.8 2.7 6.3 -2.2 4.7 -1.8 2.2 53.7 54.9 50.4 58.9 52.5 59.0 49.3 9.0 Nondurable goods Food and kindred products Chemicals and allied products Petroleum and coal products Other 7.3 9.5 8.6 10.4 9.5 8.9 7.5 8.9 8.1 10.1 8.3 8.5 8.5 24.6 14.3 21.1 15.5 19.9 13.8 21.6 16.8 19.6 15.1 26.4 15.2 17.0 14.8 Transportation and public utilities Wholesale and retail trade Other 18.5 21.6 18.8 20.8 20.0 21.6 24.1 20.9 24.1 28.7 24.7 22.6 25.2 27.5 25.1 28.4 25.1 30.1 25.2 28.6 23.3 31.1 24.2 27.7 25.4 22.8 24.5 24.0 Rest of the world Services 1982 profits Domestic industries I" 193.7 166.4 202.4 195.2 51.3 1981 I IV 178.9 156.0 188.6 178.1 Government purchases of goods and services Federal National defense Nondefense State and local Seasonally adjusted at annual rates IV III B Billions of dollars 1980 II 177.36 193.71 183.81 188.14 191.06 195.61 200.10 201.88 Gross national product 1981 1982 1981 I Personal consumption expenditures Durable goods Nondurable goods Services Net exports of goods and services Exports Imports Table 6.20.— Corporate Profits by Industry 1980 1980 IV Gross national product 2,180.4 2,407.2 2,265.6 2,350.2 2,381.1 2,437.6 2,459.9 Private industries 1981 I" IV Domestic industries Wholesale trade Retail trade Finance, insurance, and real estate Services 1980 1982 jp 1 Gross private domestic investment Fixed investment NnnrpsiHpntjfll Net exports of goods and services Exports Imports 217.1 302.9 237.2 321.1 226.6 315.5 232.9 324.4 236.1 324.8 239.0 318.6 241.1 317.1 242.7 320.0 Government purchases of goods and services Federal National defense Nondefense State and local 190.8 191.2 195.1 181.1 190.5 209.1 213.3 218.8 199.0 206.2 198.2 201.2 205.8 189.5 196.2 202.7 205.5 210.0 194.0 200.7 206.9 210.8 216.1 197.1 204.3 210.6 213.7 219.3 199.5 208.6 216.2 223.1 229.7 206.0 211.5 219.3 225.7 232.2 209.0 215.0 Addenda: 188.8 Gross domestic purchases * 183.2 Final sales Final sales to domestic purchas188.7 ers * 205.9 200.4 195.4 189.6 200.3 194.3 203.8 198.0 207.8 202.5 211.7 206.8 214.7 209.7 205.9 195.4 200.2 203.8 207.8 211.8 214.7 208.6 202.6 205.7 206.0 210.3 212.5 215.7 360.0 325.2 353.3 360.3 360.1 366.2 364.9 184.1 175.0 178.4 182.0 186.2 189.9 192.8 200.5 201.8 189.8 190.9 194.4 195.7 198.2 199.5 202.7 204.3 206.9 208.0 209.8 210.8 .. .. Personal consumption expendi192.7 tures food Personal consumption expendi317.1 tures, energy Other personal consumption ex169.5 penditures Gross domestic product Business Nonfarm 183.3 184.5 Table 7.1-7.2: 1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports. 17 SURVEY OF CURRENT BUSINESS April Table 7.3.—Implicit Price Deflators for Gross National Product by Major Type of Product Table 7.7.—Current-Dollar Cost and Profit Per Unit of Constant-Dollar Gross Domestic Product of Nonfinancial Corporate Business Index numbers, 1972=100 Dollars Seasonally adjusted 1980 1981 1980 IV Gross national product Seasonally adjusted 1981 I II 1982 III IV 193.6 184.1 187.7 190.9 195.7 200.0 202.2 169.9 185.8 176.3 181.1 183.2 187.6 191.3 190.7 Final sales Change in business inventories 170.1 185.3 177.0 180.1 182.6 187.7 191.1 191.7 Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories 164.1 164.5 179.7 179.0 169.2 169.1 173.3 172.9 179.1 178.2 183.0 181.4 183.8 184.0 182.0 184.6 174.2 174.2 190.0 189.8 181.6 182.8 186.7 185.4 186.1 185.8 190.9 192.1 196.1 195.7 196.1 196.4 Goods IV I" 177.36 193.71 183.81 188.14 191.06 195.61 200.10 201.88 Final sales 177.4 Change in business inventories . . 1980 1981 1980 Services 176.7 193.8 183.2 187.2 190.8 195.9 201.1 204.9 Structures 222.1 239.8 228.5 232.8 238.0 242.4 246.7 250.1 Addenda: Gross domestic purchases 1 182.2 Final l sales to domestic purchasers 182.2 197.9 188.4 192.7 195.7 199.4 203.8 205.5 197.7 188.7 192.2 195.5 199.5 203.7 205.8 Capital consumption allowances with CCAdj .... Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies Domestic income Compensation of employees Corporate profits with IVA and CCAdj Profits tax liability Profits after tax with IVA and CCAdj .... Net interest .191 .208 .197 .197 .204 .211 .222 1.579 1.725 1.633 1.679 1.701 1.743 1.777 .176 .204 .188 .199 .202 .206 .211 1.403 1.520 1.444 1.480 1.499 1.537 1.566 1.196 1.285 1.230 1.244 1.266 1.295 .1.336 .143 .073 .070 .065 .163 .066 .098 .072 .146 .075 .071 .068 .169 .076 .093 .067 .163 .064 .098 .070 IV Auto output 188.14 188 2 188 2 1879 190.1 1696 200 0 1882 191.06 191 1 191 1 1909 193.1 1728 1987 191 1 195.61 195 6 1958 1960 198.4 1765 1906 1958 200.10 200 1 2000 2007 203.3 1803 180 2 2000 201.88 201 9 201 5 201 9 204.3 1835 187 8 201 5 Households and institutions Private households Nonprofit institutions 1895 1938 189 1 2079 2089 2079 1960 1998 1957 2012 2034 201 0 2057 2066 2057 2101 211 0 2100 2147 2150 2147 2190 217 0 2192 Government Federal State and local 1735 1666 1767 1894 1837 1920 1805 1780 1817 1841 1795 1862 1868 1802 1898 1898 1805 1942 1968 1944 1980 2000 195 9 2019 Addenda: Domestic output of new autos2 1 Sales of imported new autos 175.4 1919 1820 1865 1892 1938 1982 199 9 Addendum: Gross domestic business product less housing 1794 1960 1859 1904 1933 1981 2024 2038 1981 Table 7.5.—Implicit Price Deflators for the Relation of Gross National Product, Net National Product, and National Income 177.36 193.71 18381 18814 191 06 195 61 200 10 201 88 Less: Capital consumption allowances with CCAdj 1948 2097 2000 2028 2078 2117 2162 2184 Equals: Net national product 175.4 191.9 182.0 186.5 189.2 193.8 1982 199 9 Less: Indirect business tax and nontax liability plus business transfer payments less subsidies plus current surplus of government enterprises 1464 1673 1537 1645 1669 1687 169 1 1661 Final sales Personal consumption expenditures Producers' durable equipment Net exports Exports Imports Government purchases Change in business inventories II III 1982 IV I" 155.9 166.8 160.5 159.0 165.9 171.4 171.3 170.6 155.8 167.1 160.2 160.5 166.0 170.6 172.9 173.1 169.4 186.1 176.5 176.8 185.4 189.8 194.8 194.3 161.2 170.2 164.6 164.3 169.7 173.6 174.7 174.7 146.5 145.2 140.5 137.5 146.6 148.5 147.8 145.8 161.3 171.1 164.4 164.9 170.5 174.2 175.3 175.2 164.7 171.3 165.1 165.7 168.6 174.7 178.6 179.4 211.4 230.8 214.1 228.0 229.1 231.8 234.0 236.2 167.5 171.8 165.6 162.5 173.6 171.5 180.1 173.1 161.7 170.7 164.4 164.4 170.0 173.9 175.1 174.3 161.4 170.5 164.6 164.4 170.0 173.8 174.8 174.8 1774 1937 1838 188 2 191 1 1958 2000 Equals: National income 1791 1951 1856 1893 192 0 202 0 197 0 Table 7.3: 1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports. Table 7.7: 1. Equals the deflator for gross domestic product of nonfinancial corporate business with the decimal point shifted two places to the left. Table 7.8: 1. Consists of final sales and change in business inventories of new autos produced in the United States. 2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. 186.5 206.8 194.0 198.8 205.0 210.2 214.0 213.9 186.5 207.0 195.0 199.0 205.3 210.0 214.8 213.7 161.2 170.6 164.7 164.3 1699 1737 174.6 1747 194.5 220.1 205.2 210.6 217.6 224.2 229.4 232.6 195.0 219.7 205.2 210.6 217.6 224.2 228.9 2327 176.4 195.5 1864 1853 191 6 ?,01 6 201.6 ?,0?, 0 194.9 220.4 205.2 210.6 217.6 224.1 229.4 2326 Table 7.11.—Implicit Price Deflators for Personal Consumption Expenditures by Major Type of Product Personal consumption expenditures Statistical discrepancy I Table 7.9.—Implicit Price Deflators for Truck Output Truck output 1 371-676 0 - 8 2 - 3 .153 .057 .096 .077 Seasonally adjusted 183.81 1838 1838 183 1 185.2 1664 2088 1838 Table 7.9: 1. Includes new trucks only. .169 .066 .103 .073 Index numbers, 1972=100 193.71 1937 1937 1938 196.2 1749 1918 1937 Gross national product I" Table 7.8.—Implicit Price Deflators for Auto Output 177.36 1774 1774 1770 179.0 1609 1931 1774 Rest of the world IV Current-dollar cost and profit per unit of constant-dollar gross domestic product 1 1.770 1.933 1.830 1.876 1.904 1.954 1.999 Final sales Personal consumption expenditures New autos Net purchases of used autos Producers' durable equipment New autos Net purchases of used autos Net exports Exports Imports Government purchases Change in business inventories Gross national product Gross domestic product Business Nonfarm Nonfarm less housing Housing Farm Statistical discrepancy III II 1980 1981 1980 Table 7.4—Implicit Price Deflators for Gross National Product by Sector 1982 1981 I 178.9 193.7 184.9 188.5 191.5 195.7 199.3 201.8 Durable goods Motor vehicles and parts . . . Furniture and household equipment Other 156.0 167.1 1436 161.7 166.4 1815 1516 170.3 160.5 173.2 1465 167.3 162.3 174.0 1486 168.1 165.4 180.6 1509 169.7 168.3 184.6 152.9 170.2 170.1 188.0 1542 173.1 171.9 187.8 1559 174.9 Nondurable goods Food Clothing and shoes Gasoline and oil Other nondurable goods Fuel oil and coal Other 188.6 190.5 134.3 3394 187.5 4714 170.1 202.4 206.9 138.6 3760 204.1 5740 184.8 195.2 200.3 136.5 3437 193.4 4845 175.8 199.2 203.7 137.0 3763 198.1 559.4 179.3 200.4 204.2 137.8 379.0 203.0 582.8 183.5 203.7 208.7 139.6 370.4 206.2 575.3 186.7 206.2 211.1 139.9 378.4 209.0 5791 189.9 207.2 214.0 139.9 367.8 210.8 577.0 193.4 Services Housing Household operation Electricity and gas Other Transportation Other . 178.1 1656 181.5 2394 146.3 184.3 1870 195.2 1802 201.9 2725 1607 199.0 2059 184.3 1713 216.4 2509 150.2 192.4 193.1 188.4 174.7 188.2 258.3 153.8 194.0 198.5 192.2 178.1 192.3 265.5 157.7 1970 202.5 197.6 182.0 197.7 280.3 162.9 201.4 208.3 202.3 1859 206.2 2854 168.0 203.8 2142 206.3 1892 216.4 2959 171.0 207.4 218.6 18 SURVEY OF CURRENT BUSINESS Table 7.14B.—Implicit Price Deflators for Government Purchases of Goods and Services by Type April Table 7.17.—Implicit Price Deflators for Merchandise Exports and Imports by Type of Product and by End-Use Category Index numbers, 1972=100 Index numbers, 1972=100 Seasonally adjusted at annual rates Seasonally adjusted at annual rates3 1980 Government purchases of goods and services Federal 184.4 1981 202.7 206.4 1980 1981 IV I II 192.8 196.4 199.5 III IV IP 204.2 210.6 212.3 206.6 217.2 . . . . 183.9 National defense Durable goods Nondurable goods Services Compensation of employees Military . . . Civilian Other services Structures 185.6 179.1 441.5 174.6 208.8 204.1 490.5 195.3 196.8 184.8 465.1 185.8 201.2 193.7 476.1 188.9 204.2 199.2 481.0 190.6 208.3 208.8 495.6 193.8 220.8 213.5 508.2 207.3 223 223.11 220.00 220 512.66 512 209.6 164.7 160.9 170.2 194.0 198.3 183.2 182.2 184.6 217.0 216.4 176.9 174.5 180.3 203.0 203.1 178.4 176.0 181.8 208.5 207.1 178.9 176.4 182.6 212.2 214.0 179.2 176.5 183.1 220.0 217.6 196.0 199.6 190.8 226.1 226.1 197.3 200.33 200 192.8 230.00 230 231.9 Nondefense Durable goods Nondurable goods Services Compensation of employees Other services Structures 180.6 167.5 201.7 192.8 198.7 175.2 195.9 186.6 197.3 189.3 203.1 194.5 210.3 202.9 203.3 208.9 State and local Durable goods Nondurable goods Services Compensation of employeesOther services Structures 197.4 199.4 201.9 1980 1982 216.2 176.9 193.0 185.9 189.1 191.1 192.9 199.2 202.0 170.0 185.4 207.7 184.7 203.9 223.4 180.2 192.8 214.2 181.8 198.1 218.9 182.6 201.9 222.2 183.1 206.3 225.0 191.2 210.4 227.9 193 193.33 214.6 231 4 231.4 184.7 169.7 191.7 179.4 176.7 187.5 220.8 200.3 182.3 208.1 196.0 192.0 207.9 233.6 190.0 175.0 198.2 184.7 181.7 193.5 226.3 194.5 178.4 202.3 189.2 186.2 198.1 231.3 198.0 181.0 205.8 193.4 189.8 203.9 233.5 202.8 183.6 211.5 198.8 194.2 212.4 235.0 206.2 186.5 212.7 202.8 198.0 217.0 234.9 209 209.88 188 188.00 214.8 206 206.88 201.9 221 221.44 237.7 , Table 7.16.—Implicit Price Deflators for Exports and Imports of Goods OdS and Services 1980 1981 I IV II 1982 III IV IP 260.8 Merchandise exports 236.7 258.3 248.4 255.7 257.4 260.0 260.3 Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods except autos Autos Consumer goods Durable goods Nondurable goods Other Durable goods Nondurable goods 235.1 246.9 255.4 263.1 256.2 239.1 228.0 228.5 282.9 282.9 282.9 212.2 249.7 199.5 231.1 172.6 235.9 235.9 235.9 293.2 293.2 293.2 248.2 286.5 200.9 244.0 173.1 258.4 258.4 258.4 283.1 283.1 283.1 228.1 267.3 202.9 238.9 176.4 248.4 248.5 248.2 292.6 292.5 292.6 237.5 270.6 199.2 237.4 173.5 255.8 255.8 255.8 293.4 293.4 293.4 244.3 282.9 197.7 242.8 169.2 257.2 257.2 257.2 294.2 294.2 294.2 254.0 292.5 202.4 248.4 172.5 260.0 259.8 260.1 292.6 292.6 292.6 258.6 303.9 204.6 248.5 177.5 260.4 260.5 260.3 293.0 293.0 293.0 260.1 307.4 203.2 248.1 177.0 260.8 260.8 260.8 Merchandise imports 332.3 331.9 339.1 348.0 343.4 323.4 314.8 319.4 Foods, feeds, and beverages Industrial supplies and materials, excluding petroleum Durable goods Nondurable goods Petroleum and products Capital goods except autos Autos Consumer goods Durable goods Nondurable goods Other Durable goods Nondurable goods .. 270.1 259.2 277.3 277.0 268.1 254.4 238.2 240.0 Addenda: Exports: Agricultural products Nonagricultural products products Index numbers, 1972=100 1981 297.5 293.2 298.3 301.1 298.0 305.9 300.3 301.1 306.6 298.9 311.0 301.4 302.3 298.7 293.2 298.9 293.2 296.7 298.3 298.9 299.2 295.7 293.1 297.4 1,153.8 1,298.0 1,231.0 1,319.8 1,349.3 1,268.4 1,246.5 1,247.2 194.2 205.4 198.4 210.4 209.6 199.7 195.2 191.2 248.5 288.0 267.4 277.4 282.7 288.2 303.3 305.0 227.1 231.2 221.2 231.3 228.5 236.7 230.8 231.5 195.0 208.3 202.8 206.5 206.1 210.9 209.6 210.0 282.4 280.5 289.0 312.9 284.8 272.4 260.9 275.0 246.2 251.8 254.2 258.4 254.4 250.8 246.6 250.2 246.2 251.8 253.9 258.0 254.6 251.0 246.6 250.3 246.2 251.8 254.4 258.7 254.2 250.6 246.6 250.0 234.5 237.2 246.4 261.3 253.5 247.1 261.8 254.1 254.3 258.1 239.3 265.0 229.1 269.0 229.6 269.5 248.4 252.6 256.2 258.6 254.9 251.1 246.7 250.6 Seasonally adjusted at annual rates 1980 1981 1980 1982 1981 IV I II III IV IP Exports of goods and services 211.0 229.0 219.9 226.1 228.0 229.8 232.2 233.6 Merchandise Durable goods Nondurable goods 236.7 229.7 247.2 258.3 259.5 256.6 248.4 242.6 256.8 255.7 250.2 263.1 257.4 256.6 258.5 260.0 264.4 253.8 260.3 268.1 250.8 260.8 269.2 250.8 176.5 175.3 179.0 192.5 192.0 193.6 182.8 182.0 184.2 187.0 186.5 187.9 190.0 189.2 191.7 194.3 193.8 195.5 198.6 198.2 199.4 200.8 199.9 202.4 Imports of goods and services 290.1 295.5 296.4 303.1 301.2 289.8 288.5 289.3 Merchandise . Durable goods Nondurable goods 332.3 235.4 507.2 331.9 242.1 500.0 339.1 243.9 514.2 348.0 244.0 533.2 343.4 243.7 532.8 323.4 241.8 480.1 314.8 239.4 457.5 319.4 242.5 472.3 Services . Factor income Other 201.1 175.3 225.5 218.5 191.9 247.9 208.1 182.0 234.0 213.0 186.5 239.9 215.7 189.2 245.9 219.4 193.8 250.8 226.4 198.2 255.8 227.3 199.9 259.6 Services . Factor income Other Table 7.21: 1. Inventories are as of the end of the quarter. 2. Business final sales equals final sales less gross product of households and institutions, government, and rest of the world. Table 7.21.—-Implicit Price Deflators for Inventories and Final Sales of Business Index numbers, 1972=100 Seasonally adjusted at annual rates 1980 1981 1980 IV 1982 1981 I II III IV Ip Inventories1 230.6 234.3 236.6 238.2 240.0 239.1 Farm Nonfarm Durable goods Nondurable goods 215.4 232.8 218.8 254.3 203.6 238.6 222.0 263.8 202.0 241.5 225.4 266.3 195.9 244.3 230.5 265.3 192.1 247.0 233.8 267.0 189.5 246.4 234.2 264.6 Manufacturing Durable goods Nondurable goods 237.5 225.1 264.1 243.1 228.0 275.0 248.2 232.8 280.9 250.3 237.8 277.2 252.9 241.3 277.9 252.5 241.9 274.9 Wholesale trade Durable goods .. Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods 234.7 217.2 268.5 226.0 217.4 243.0 275.8 216.1 379.0 241.7 222.2 279.2 229.7 221.7 245.8 297.0 224.8 417.8 243.7 226.3 277.8 232.9 225.7 247.4 295.1 229.3 406.3 244.0 230.4 270.8 234.9 230.0 244.9 287.4 232.3 386.1 245.6 232.9 270.4 236.1 232.5 243.2 292.7 234.9 394.0 244.5 233.6 265.2 235.4 233.2 239.6 289.2 235.5 382.1 Retail trade Durable goods Nondurable goods Other 201.8 200.4 203.0 284.7 204.3 201.3 206.8 295.9 203.2 199.9 206.0 301.6 209.7 208.3 210.9 305.1 212.3 211.6 212.8 311.2 211.2 210.2 212.0 309.8 184.1 187.6 190.9 195.9 199.9 201.9 184.9 188.1 190.9 195.6 199.1 199.8 Final sales2 Final sales of goods and structures SURVEY OF CURRENT BUSINESS April 19 Table 8.1.—Percent Change From Preceding Period in Gross National Product in Current and Constant Dollars, Implicit Price Deflator, and Price Indexes Percent Percent at annual rates Percent Percent at annual rates Seasonally adjusted Seasonally adjusted 1980 1981 1980 1981 1980 1981 1980 1982 IV I II III IV Government purchases of goods and services: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 1982 1981 rv I 12.9 10.6 2.9 .6 9.7 9.9 9.7 9.4 11.1 9.6 20.2 2.2 17.6 12.8 13.3 13.5 5.4 7.7 9.2 9.3 18.5 6.3 11.4 11.0 13.1 15.7 3.1 12.2 11.0 11.6 40.2 2.0 37.4 22.9 23.6 19.3 -3.7 14.8 -8.4 4.0 5.1 9.3 9.1 8.8 10.6 17.2 4.2 12.5 11.9 12.2 35.0 5.9 27.5 23.6 24.4 10.4 1.1 9.3 8.7 8.4 8.7 2.6 5.9 10.2 12.2 I" II III Gross national product: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 8.8 i1-4 -.2 *2.0 9.0 9.2 8.6 9.3 9.6 9.4 14.9 3.8 10.7 10.5 10.4 19.2 8.6 9.8 9.8 10.2 4.7 16 6.4 7.7 7.9 11.4 4.6 1.4 -4.5 9.5 9.9 10.0 8.6 9.5 8.6 — 4 -3^9 3.6 5.7 5.6 Personal consumption expenditures: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 10.7 11.1 .5 2.5 10.2 8.3 10.6 9.0 11.0 9.1 17.4 7.0 9.7 10.1 10.1 14.2 5.8 8.0 10.3 10.9 4.3 2i 6.5 6.5 6.5 12.5 5.3 3.3 -2.2 7.7 9.0 7.4 8.7 7.2 8.2 9.2 4.0 5.0 5.7 5.3 9.5 2.6 6.7 7.2 7.4 30.9 21.2 8.0 7.8 7.4 29.7 17 2 24.1 -23.3 4.5 7.9 4.7 8.2 4.5 9.1 16.6 -15.5 8.6 -18.9 7.3 4.2 8.2 5.9 8.9 5.7 19.6 14.6 4.3 3.6 3.3 National defense: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 18.4 5.7 12.0 11.8 14.3 Nondurable goods: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 12.2 10.0 1.1 2.5 11.0 7.3 12.0 8.5 12.4 8.7 18.5 6.3 11.5 11.8 11.8 13.4 4.6 8.4 12.5 13.6 5.3 2.7 2.5 3.3 3.3 9.0 2.1 6.8 5.2 4.4 4.9 -.1 5.0 5.0 5.1 3.1 1.0 2.0 3.1 2.8 Nondefense: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 5.4 18.6 12.9 51.2 38.9 24.4 46.8 -26.4 -6.1 7.5 1.1 -5.3 2.8 12.3 10.3 11.7 59.7 -5.4 7.0 2.9 9.4 9.4 21.4 10.4 6.5 5.1 9.9 10.0 9.9 21.6 Services: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 12.8 12.4 2.6 2.6 9.9 9.6 10.2 9.9 10.4 10.0 13.1 3.7 9.1 9.3 9.3 10.9 1.4 9.3 9.9 10.1 10.1 1.6 8.3 8.7 9.0 14.6 2.6 11.6 11.9 11.9 11.7 1.7 9.9 10.0 9.8 11.9 3.4 8.3 8.5 8.4 14.0 5.5 23.7 11.1 45.9 24.2 21.1 16.1 3.9 -16.0 -38.5 3.3 24 7 -37.9 8.3 .5 7.7 8.4 8.4 24.2 15.7 7.4 5.3 5.2 18.0 10.8 6.5 9.4 9.7 2.5 76 10.9 8.9 8.7 .3 -1.5 4 4 -8.3 4.9 7.5 7.8 6.8 6.7 8.0 Durable goods: Current dollars 1972 dollars Implicit price deflators .. Chain price index Fixed-weighted price index Gross private domestic investment: Current dollars 1972 dollars Fixed investment: Current dollars 1972 dollars Implicit price deflator.... Chain price index Fixed-weighted price index Nonresidential: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 2 -7.4 7.7 8.4 8.4 .7 -7.1 8.5 10.0 10.1 -1.3 -2.8 1.5 6.5 6.4 11.5 4.0 7.2 6.3 7.0 19.6 13.3 5.6 9.1 9.5 11.4 21 13.9 10.1 10.3 5.8 13.6 6.9 -2.9 8.9 6.2 7.9 6.9 8.3 7.0 0 -.7 .7 6.7 6.7 Structures: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed- weigh ted price index 13.0 15.5 I 5.4 13.1 9.6 11.9 8.6 11.8 8.2 16.5 9.0 6.9 6.4 5.8 22.3 16.6 4.9 9.7 9.0 21.8 6.7 14.1 8.5 8.1 17.8 8.4 8.7 8.8 8.1 20.1 9.2 10.0 7.5 6.2 -.5 53 5.0 7.4 7.0 Producers' durable equipment: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 2.0 8.6 -4.2 1.3 6.5 7.2 9.5 9.2 9.8 10.1 8.7 1.9 6.6 6.3 7.9 11.1 -2.5 80 6.3 6.0 4.5 6.6 7.3 8.5 7.5 .3 1.5 -1.2 6.2 6.5 Exports: 1972 dollars Implicit price deflator Chain price deflator Fixed-weighted price index.... Imports: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 11 3 .2 -18^6 -6.1 9.0 6.7 9.3 7.0 9.3 6.9 68.5 64.2 2.6 2.1 2.1 18.0 5.6 11.8 -5.9 5.5 12.3 8.8 11.0 9.9 11.8 14.0 -19.2 -32.1 -22.9 59 3.6 23 4 36 2 -27.1 -10.9 10.0 5.5 6.4 5.8 5.6 6.0 10.1 6.2 6.1 7.5 10.1 6.0 6.3 6.0 7.5 20.8 9.6 10.2 10.1 10.3 8.1 4.4 4 -7.4 8.6 12.8 9.3 14.7 9.3 14.5 27.0 .9 -.3 -2.6 13.6 -2.3 -3.5 -6.5 11.8 4.2 3.4 3.3 11.6 5.0 5.3 3.9 11.7 5.6 3.4 5.0 -7.1 -9.3 2.4 2.7 2.7 18.1 1 18.2 25.2 24.0 7.9 5.9 1.9 6.6 6.0 37.8 25.8 9.6 9.6 9.0 20.5 11.5 2.6 97 10.3 14.2 4.5 5.5 9.3 -2.4 14 4 -1.8 5.9 -1.3 12.6 .6 11.8 .4 -7.4 -1.9 -6.7 -7.8 1.2 4.4 3.7 NOTE.—The implicit price deflator for GNP is a weighted average of the detailed price indexes used in the deflation of GNP. In each period, the weights are based on the composition of constant-dollar output in that period. In other words, the price index for each item (1972 = 100) is weighted by the ratio of the quantity of the item valued in 1972 prices to the total output in 1972 prices. Changes in the implicit price deflator reflect both changes in prices and changes in the State and local: Current dollars 1972 dollars Implicit price deflator .. Chain price index Fixed-weighted price index I" 24.5 10.2 13.0 11.1 10.9 3.9 .5 3.4 6.3 6.0 13.1 3.1 9.7 6.1 5.8 56.7 28.2 22.2 18.4 18.6 3.8 5.8 -1.9 4.9 4.9 16.9 7.9 8.3 7.7 6.0 47.0 16.3 26.4 20.7 20.5 4.3 .1 4.2 5.3 4.4 .6 8.2 5.6 -1.5 9.9 6.5 8.7 8.1 7.4 8.6 78.9 2.8 55.7 17.6 14.9 -12.6 4.0 13.6 6.1 13.5 9.8 7.5 1.0 -.9 8.7 8.5 9.0 8.5 9.7 8.2 9.7 2.3 7.2 7.2 6.8 10.0 .2 9.8 9.2 9.7 3.3 38 7.5 7.5 7.2 5.3 42 9.9 10.4 8.6 7.1 .1 6.9 6.8 5.8 3.9 -2.9 7.1 7.2 6.8 8.4 11.4 -1.1 2.6 9.7 8.6 10.3 9.0 10.8 9.0 18.9 6.6 11.5 9.9 10.0 18.4 8.1 9.4 9.9 10.2 6.0 -.3 6.3 7.2 7.3 10.2 5.3 2.3 -3.6 7.8 9.2 8.6 8.0 8.0 7.9 3 -3.6 3.4 5.9 5.6 9.8 10.5 .7 1.3 9.0 9.1 8.6 9.3 9.6 9.4 15.0 4.4 10.2 10.6 10.4 15.5 2.0 6.9 -4.7 8.0 7.0 7.7 9.8 7.9 10.3 7.2 10.9 .3 -1.8 9.1 10.5 8.7 10.0 9.5 8.6 6.3 1.9 4.4 5.7 5.6 Final sales to domestic purchasers: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 9.5 10.5 -.2 1.9 9.7 8.5 10.3 9.0 10.9 9.1 19.0 7.2 10.9 9.9 10.0 14.6 3.2 6.4 -3.6 7.7 7.1 9.9 7.2 10.3 7.3 9.7 1.2 8.4 8.6 8.0 7.9 -.7 8.7 8.1 7.9 6.5 2.3 4.1 6.0 5.7 Gross domestic product: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 8.7 11.4 2 2.0 9.0 9.2 8.6 9.3 9.6 9.4 15.6 4.4 10.7 10.5 10.4 18.9 5.1 8.3 -1.2 9.8 6.4 9.8 7.7 10.2 7.9 10.8 .9 9.9 10.0 9.5 4.1 49 9.5 8.6 8.6 .7 28 3.6 5.7 5.6 8.5 11.7 -.5 2.3 9.1 9.2 8.7 9.3 9.8 9.4 15.4 5.0 9.9 9.7 9.3 20.3 4.8 9.5 -1.4 9.9 6.3 10.0 7.9 10.5 8.2 2.4 11.6 1.2 -5.9 10.3 8.8 10.4 7.8 7.5 9.9 -.5 -3.5 3.1 5.5 5.4 9.1 11.8 -.4 2.1 9.6 9.5 17.6 6.9 10.0 19.3 7.7 10.8 5.8 -.6 6.5 2.6 10.2 -.9 -6.6 11.2 9.9 .1 -2.4 2.5 11.0 10.7 .7 2.2 12.8 2.9 11.2 3.0 8.0 1.4 9.4 1.6 5.2 .2 Addenda: -4.9 -12.5 5.8 11.1 -3.0 2.5 9.1 8.4 10.3 9.0 10.6 9.3 Residential: Current dollars 1972 dollars Implicit price deflator Chain price index .. Fixed-weighted price index Federal: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index IV Gross Domestic Purchases: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Final sales: Current dollars . . . 1972 dollars Implicit price deflator .. Chain price index Fixed-weighted price index . . Business: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Nonfarm: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Disposable personal income: Current dollars 1972 dollars , 11.8 2.6 composition of output. The chain price index uses as weights the composition of output in the prior period, and therefore reflects only the change in prices between the two periods. However, comparisons of percent changes in the chain index also reflect changes in the composition of output. The fixed-weighted price index uses as weights the composition of output in 1972. Accordingly, comparisons over any time span reflect only changes in prices. By NATIONAL INCOME AND WEALTH DIVISION Gross Product by Industry, 1981 REAL GNP in 1981 increased by 2.0 percent following a decline of 0.2 percent in 1980 (table 1). The turnaround in terms of industry real gross product was primarily accounted for by manufacturing and wholesale and retail trade, which increased in 1981 following declines in 1980. Not all industries recovered to their 1979 constant-dollar levels of gross product. Construction and transportation declined in both 1980 and 1981 and were well below their 1979 levels. Manufacturing and retail trade increased in 1981, but neither regained its 1979 level. Prices as measured by GNP implicit price deflator increased 9.2 percent in 1981, almost the same as in 1980. Changes in industry deflators were mixed. There were substantial accelerations in communication, electric and gas utilities, and government enterprises, and significant decelerations in mining, construction, and finance, insurance, and real estate. The largest 1981 price change was in mining. Farms was the only industry for which the deflator fell in both years. The industry estimates for 1981 as well as those for 1977-80 will be revised as part of the annual revision of the national income and product accounts. These estimates will appear in the July 1982 SURVEY OF CURRENT BUSINESS, in table 6.1 (current dollars), table 6.2 (constant dollars), and table 7.22 (implicit price deflators). Table 1.—Gross Product in Current and Constant Dollars and Implicit Price Deflators by Industry Billions of current dollars 1980 1979 1981 Implic it price def .ators Billions of constant (1972) dollars 1979 1980 1981 1979 1980 Percent change from proceeding year 1980 Gross national product Domestic industries (gross domestic product) Private industries Agriculture forestry and fisheries . . Farms Agricultural services, forestry, and fisheries 1980 1981 1981 2,413.9 2,626.1 2,925.5 1,483.0 1,480.7 1,510.3 162.77 177.36 193.71 -0.2 2.0 9.0 9.2 2,370.1 2,576.5 2,871.1 1,455.9 1,452.4 1,481.9 162.8 177.4 193.7 _f2 2.0 9.0 9.2 2,087.2 2,273.8 2,540.0 1,282.0 1.274.5 1,302.1 162.8 178.4 195.1 -.6 2.2 9.4 9.6 78.4 70.0 8.4 77.2 68.1 9.0 82.1 72.4 9.8 39.6 34.9 4.7 40.2 35.3 4.9 42.6 37.7 4.9 198.1 200.8 178.4 192.2 193.1 185.5 192.9 191.8 201.3 1.5 1.2 4.0 6.0 6.9 -.6 -3.0 -3.8 4.0 .4 7 8.5 5.9 29.3 69.4 94.1 123.9 21.0 22.1 23.4 330.0 426.8 530.1 Construction 113.1 119.7 127.3 58.3 54.4 52.9 194.1 220.1 240.4 -6.7 Manufacturing Durable goods Nondurable goods 569.5 350.6 218.9 591.1 354.9 236.3 662.3 399.2 263.0 368.0 223.5 144.5 351.0 208.7 142.3 358.4 213.3 145.1 154.8 156.9 151.5 168.4 170.1 166.0 184.8 187.2 181.3 -4.6 -6.6 -1.5 Transportation and public utilities Transportation Communication . Electric gas and sanitary services 211.7 90.7 61.1 60.0 234.5 97.1 69.0 68.4 262.9 103.3 79.2 80.4 141.1 55.9 50.3 34.8 144.0 53.3 55.1 35.6 145.9 51.6 58.6 35.8 150.1 162.2 121.3 172.2 162.8 182.0 125.4 192.0 180.1 200.4 135.2 224.5 2.1 -4.6 9.4 2.2 Mining . Implicit price deflators Constant (1972) dollars 1981 4.9 -2.7 24.2 13.4 9.2 2.1 2.2 2.0 8.8 8.4 9.6 9.7 10.1 9.2 1.4 -3.3 6.4 .5 8.5 12.2 3.4 11.5 10.6 10.1 7.8 16.9 Wholesale trade 170.1 183.8 205.3 103.4 102.1 105.3 164.6 180.0 195.0 -1.3 3.2 9.4 8.3 Retail trade 221.9 237.9 266.1 144.8 140.9 142.6 153.3 168.8 186.6 -2.6 1.2 10.1 10.5 Finance, insurance, and real estate Finance and insurance Real estate 350.8 94.6 256.1 392.0 100.4 291.6 422.6 102.8 319.8 227.5 61.5 166.0 236.4 63.4 173.1 241.0 64.9 176.1 154.2 153.9 154.3 165.8 158.5 168.5 173.5 158.4 181.6 3.9 3.1 4.3 1.9 2.5 1.7 7.5 3.0 9.2 4.6 -.1 7.8 Services 302.5 343.5 387.6 178.6 183.5 189.9 169.4 187.2 204.1 2.8 3.5 10.5 9.0 280.7 303.4 331.9 174.9 176.3 175.6 160.5 172.1 189.0 .8 -.4 7.2 9.8 248.1 32.6 269.3 34.0 293.3 38.5 153.9 21.0 155.2 21.1 154.9 20.7 161.3 155.0 173.5 161.4 189.4 186.2 .9 .4 -.2 -1.8 7.6 4.1 9.2 15.4 2.2 -.7 -.8 161.0 175.4 191.9 4.3 0 8.9 9.4 Government and government enterprises Government Government enterprises Statistical discrepancy Residual1 Rest of the world .. .. 43.8 49.7 54.4 1.4 -2.4 ^ 1.9 27.2 28.3 NOTE.—The industry classification is on an establishment basis and is based on the 1972 Standard Industrial Classification. 1. Equals GNP in constant dollars measured as the sum of incomes less GNP in constant dollars measured as the sum of gross product by industry. 20 -.4 4.6 28.3 By FRANK de LEEUW and THOMAS M. HOLLO WAY The High-Employment Budget: Revised Estimates and Automatic Inflation Effects The high-employment budget provides a summary measure of the effects of a Federal fiscal program on aggregate demand. It is a better measure for this purpose than the actual budget because it excludes the changes in receipts and expenditures that are automatic responses to fluctuations in economic activity. The November 1980 SURVEY OF CURRENT BUSINESS presented historical estimates of the high-employment budget, prepared jointly by BEA, the Council of Economic Advisers (CEA), the Federal Reserve Board, the Office of Management and Budget, and the Treasury.1 This article presents revised estimates. The revisions are primarily due to the comprehensive revisions in the national income and product accounts (NIPA's) that became available in December 1980. Potential GNP— the trend level of real output from which cyclical deviations are measured in calculating the high-employment budget—was revised by the CEA to be consistent with the NIPA revisions.2 Minor factors contributing to the revisions of the high-employment budget are (1) new labor force statistics incorporating the results of the 1980 Census, (2) reestimates, using recent data, of some of the equations used to calculate the high-employment budget, and (3) small changes in methodology.3 1. Frank de Leeuw, Thomas M. Holloway, Darwin G. Johnson, David S. McClain, and Charles A. Waite, 'The High-Employment Budget: New Estimates, 195580," SURVEY OF CURRENT BUSINESS, 60 (November 1980): 13-43. 2. The potential GNP estimates used in this article are the provisional revisions discussed by the CEA in Economic Report of the President (January 1981), pp. 180-81. 3. The changes in methodology include new income share equations, discussed below, and cyclical adjustments in net interest and in Federal Reserve profits taxes (payments by Federal Reserve banks to the U.S. Treasury, treated as taxes in the NIPA's). In addition, this article presents, for the first time, estimates of changes in the high-employment budget due to the automatic response of receipts and expenditures to inflation. One major limitation of the previously published budget estimates as a measure of discretionary fiscal policy is that they are highly sensitive not only to discretionary policy, such as new tax laws or spending programs, but also to other factors—to demographic changes, to changes in economic growth, and especially to inflation. Inflation automatically raises expenditures because several important Federal programs, such as social security, are linked to changes in some measure of the general price level; at the same time, inflation automatically raises receipts because higher prices mean higher dollar amounts subject to tax and, in the case of personal income taxes, higher marginal tax rates applied to these higher dollar amounts. In recent years, inflation has also resulted in a higher taxable wage base for social security contributions. The impact of inflation on receipts has tended to be larger than the impact on expenditures, and therefore inflation has tended to push the Federal budget towards surplus. It is useful to measure this automatic inflation effect and to subtract it from total changes in the high-employment budget. The residual summarizes budget changes apart from CHART 4 High-Employment Surplus or Deficit Billion $ -40 - -50 - -60 1970 71 72 73 74 75 77 78 79 80 81 U.S. Department of Commerce, Bureau of Economic Analysis 21 22 both cycle-induced and inflation-induced changes. The residual provides a better indication of changes that are discretionary than the total highemployment budget. The residual, however, is not necessarily a better measure of the effect of fiscal policy on aggregate demand. Inflation-induced budget changes and discretionary budget changes both affect aggregate demand, and an analysis of fiscal policy needs to take both types of change into account. The remainder of this article is in two sections. The first is a summary of results of the revisions of the highemployment budget and of the separation of changes in this budget into changes due to the automatic inflation effect and changes due to other factors. The second section describes SURVEY OF CURRENT BUSINESS April the methodology used to estimate the automatic inflation effect on changes in the high-employment budget. Table 1.—Revisions in Estimates of the HighEmployment Surplus or Deficit, Selected Quarters [Billions of dollars, seasonally adjusted annual rates] Results Revised estimates Chart 4 shows the revised high-employment surplus or deficit from 1970 to the present, and the dollar estimates published in the November 1980 SURVEY. The chart shows two periods of substantial reduction ($5 billion or more) from the previously published estimates, one in 1974 and the other in 1979 and the first half of 1980. In both periods, the main source of reduction is the comprehensive revisions of the NIPA's. The 1974 reduction is due to the decreased severity of the 1974-75 downturn in the reCHART 5 High-Employment Expenditures, Receipts, and Surplus/Deficit as a Percentage of Potential GNP Percentage of potential GNP 22 Expenditures 21 20 19 18 171 i i i I i i i I i i i I i i i I i i i I i i i I i i 1970 71 72 73 U.S. Department of Commerce, Bureau of Economic Analysis 74 75 76 77 78 79 80 81 Sources of revisions Revised surplus/ deficit!-) Previously published surplus/ deficit - ) 1970:2 1970-3 -6.3 78 -5.4 -60 -0.9 18 -1.6 -24 0.7 6 1974-2 1974:3 -42 4.1 44 10.5 86 -6.4 -92 -6.7 6 .3 1979:3 1979-4 1980:1 1980-2 -2.7 -77 -18.3 -21.7 7.4 51 1.4 1.0 -10.1 128 -19.7 -22.7 -9.7 -12 1 -18.5 -22.6 -.4 7 -12 -.1 Date Revisions NIPA revisions Reestimated equations and methodology changes vised NIPA's; this decreased severity reduces the difference between the actual budget and the high-employment budget. The 1979-80 reduction is mainly due to downward revisions in Federal receipts. The high-employment surplus/deficit has fluctuated widely in recent years. Chart 5 shows high-employment receipts, expenditures, and the surplus/deficit, each expressed as a percent of potential GNP, and provides some indication of the sources of these fluctuations. From 1976 through 1981, high-employment receipts increased as a percent of potential GNP in most quarters; the increase was due to inflation throughout the period and to the introduction of the windfall profits tax in 1980. This upward movement was interrupted by tax cuts in 1977 and at the end of 1981. High-employment expenditures fluctuated around 21 percent of potential GNP from 1975 through 1979, then rose to 22 percent by 1981:1, and subsequently held at a ratio near 22 percent. The sources of the revisions in the high-employment budget for selected quarters are shown in table 1. The NIPA revisions were the major source in all of the quarters shown. The remaining sources of revision—new labor force data, methodological changes, and reestimated equations—slightly raised the high-employment surplus (lowered the deficit) in the early 1970's and had the reverse effect in recent years. The earlier change is mainly due to a higher esti- mate of the elasticity of social insurance contributions with respect to covered wages and salaries; the recent change, to a downward revision for the last few years in the estimated elasticity of personal taxes with respect to personal income. It should be noted that the respecification of the equations for estimating the share of various types of income in GNP, which was necessary in order to separate inflation-induced changes from other changes, had very little impact on total high-employment receipts. Sources of Quarterly Change in High-Employment Surplus/Deficit -20 - -40- i i l l i i i I i l l I i i i I i i i I t i i I t < i I i i t I i i i I i i i I i i 20 AUTOMATIC INFLATION I I I Sensitivity to potential GNP Potential GNP, an estimate of the output the economy could produce at an assumed high-employment unemployment rate, has a strong influence on the level of the high-employment surplus/deficit and a weaker influence on its changes. Because there is a wide range of plausible estimates of potential GNP, it is useful to measure the sensitivity of the high-employment budget to the level and rate of growth of potential GNP. The assumed high-employment unemployment rate underlying the estiCHART 6 mates of potential GNP used in this article is 5.1 percent for 1975-81 (table 2). Had the assumed rate been 6 percent, potential GNP would be lower by about 1.3 percent. A 6-percent high-employment unemployment rate would increase the high-employment deficits in 1978 from $15.1 billion to $25.8 billion, in 1979 from $2.1 billion to $14.3 billion, and in 1980 from $20.3 billion to $33.7 billion. As a percent of potential GNP, the 1978 deficit would increase from 0.7 percent to 1.2 percent, the 1979 deficit from 0.1 percent to 0.6 percent, and the 1980 deficit from 0.7 percent to 1.2 percent. The estimated rate of growth of constant-dollar potential GNP is 2.9 t I percent per year since the first quarter of 1979, and slightly higher in 1977-78. Had the estimated growth since 1977:1 been 0.5 percentage points higher per year, the high-employment deficit would have been lower by $1.9 billion in 1977:4, $5.1 billion in 1978:4, $9.0 billion in 1979:4, and $13.4 billion in 1980:4. Automatic inflation effects The separation of changes in the high-employment budget into a component due to the automatic inflation effects and a component due to discretionary policy changes and other factors is shown in table 4 and chart 6. The decomposition of changes in, rather than the levels of, the high-employment surplus or deficit avoids the need for choosing a "normal" or "equilibrium" price level from which to measure the deviation of the actual price level—a choice that would necessarily be arbitrary. (The new income share equations are described in the methodology section.) Table 2 shows revised unemployment rate gaps and GNP gaps underlying the high-employment budget estimates. The GNP gap, a key concept in converting the actual budget to a high-employment budget, equals potential GNP less actual GNP, divided by potential GNP. Table 3 shows revised actual and high-employment receipts, expenditures, and the surplus or deficit in billions of dollars and as a percentage of GNP. Billion $ 60 23 SURVEY OF CURRENT BUSINESS April i i i 40 DISCRETIONARY POLICY AND OTHER FACTORS 20 -20 -40 -fin I i i i 1 i i i I i i i I i i i I i i i I i i i I i i i I i i i I i i i I i i i I i i i I i i i 1970 71 72 73 U.S. Department of Commerce, Bureau of Economic Analysis 74 75 76 77 78 79 80 81 (text continued on p. 24) 24 In chart 6, which shows changes in the high-employment surplus/deficit, areas above zero (shaded by diagonal lines) represent periods of movement toward surplus, and areas below zero (shaded by dots) represent periods of movement toward deficit. Changes in the total high-employment surplus/ deficit, shown in the top panel of the chart, have fluctuated widely, sometimes moving toward deficit and sometimes toward surplus. The inflation-induced component, shown in the middle panel of the chart, has nearly always moved toward surplus. This component has been increasingly irregular since 1975, largely due to periodic inflation adjustments of social security and pay of Federal employees. The remaining component, reflecting discretionary policy changes and other factors, shown in the bottom panel of the chart, has usually moved toward deficit, especially since 1976. The three periods since 1976 in which the total has moved toward deficit— mid-1977, mid-1979 to mid-1980, and late 1981—have all been periods of marked movements toward deficit in the discretionary and other component. The periods in which the total has moved toward surplus—early 1977, late 1977 to mid-1979, and late 1980 to mid-1981—have all been periods of marked movement toward surplus in the inflation component. SURVEY OF CURRENT BUSINESS effect, largely due to corporate profits taxes. Corporate profits before taxes, which are an approximation of the tax base, typically rise with an increase in the rate of inflation before falling back toward their average share of national income. Other receipts—personal taxes, contributions for social insurance, and indirect business taxes—rise more slowly, but are responsible for most of the effect of the increase in the rate of inflation on receipts beyond four quarters. The expenditure column on the left side of the table shows an irregular pattern of response, mainly because of once-ayear adjustments in social security benefits and Federal pay. The effects on expenditures are always smaller than the effects on receipts. The cumulative effects of a one percentage point increase in the inflation rate, shown on the right side of the table, grow steadily. At the end of four quarters, the higher inflation rate adds $4.4 billion to the high-employment surplus. At the end of 8 and 12 quarters, the corresponding increases are $8.7 billion and $13.3 billion, respectively. Table 6 shows the results of a second simulation that incorporates automatic indexation of the Federal personal income tax—that is, automatic increases in personal exemptions and tax brackets in proportion to increases in a price index.4 In other respects this simulation follows the same procedures as the simulation shown in table 5. Indexation would greatly reduce the response of personal tax receipts to inflation. However, it would not eliminate the tendency of inflation to move the Federal budget toward surplus. The cumulative effect on the high-employment surplus after 12 quarters is estimated at $8.5 billion, compared to $13.3 billion without indexation. Two simulations of an increase in the rate of inflation A useful calculation based on the new methodology is a simulation of the automatic effects of increasing the rate of inflation one percentage point (at an annual rate) above actual inflation. Table 5 shows the results of such a simulation beginning in the second quarter of 1977; results for other recent beginning dates would be proportional to the size of the Federal Inflation Effects: Methodology budget, but otherwise similar to those in table 5. The left side of table 5 For several reasons, the Federal shows the effects of this increase in budget responds automatically to the inflation rate on quarterly price changes: (1) most taxes are changes in Federal receipts and expenditures; the right side of the table The Economic Recovery Tax Act of 1981 provides cumulates these changes to show the for4.indexation of the personal income tax beginning in effects on levels of receipts and ex- 1985. In the simulation, indexation is incorporated by assuming that the elasticity of personal income tax rependitures. with respect to inflation-induced changes in The receipts column on the left side ceipts income is 1.0, instead of the much higher values (1.67 of the table shows a large initial to 1.72) used in the first simulation. April levied on dollar amounts of income, payrolls, or sales, and these tax bases tend to rise when the general price level rises; (2) several expenditures programs — social security is by far the largest — have been linked explicitly in recent years to movements in a price index; (3) other expenditures categories, such as medicare, although not linked explicitly to a price index, rise without any discretionary action when prices rise; and (4) Federal interest payments depend on interest rates which tend to change with changes in the rate of inflation. This section describes the ways in which these factors are quantified to yield a measure of the automatic effect of current and past inflation on the Federal budget. The discussion first covers the inflation adjustments to receipts, then those to expenditures. Receipts The sensitivity of Federal receipts to inflation depends on (1) the sensitivity of tax bases, such as corporate profits or wages and salaries, to inflation, and (2) the response of taxes to inflation-induced changes in these bases. The latter element can be expressed in the form of inflation elasticities — ratios of percent changes in tax receipts to percent changes in tax bases due to inflation — for each category of receipts. The basic approach, for each category of receipts, is summarized in equation (1). (1) where: AT t *=the current change in highemployment receipts attributable to inflation; Tt-i=last quarter's high-employment receipts; AB t *=the current change in the highemployment tax base attributable to current and past inflation; Bt-i=last quarter's high-employment tax base; 17 = the inflation elasticity. The equation shows that calculating the sensitivity of receipts to inflation, AT*, requires estimates of inflationinduced changes in the tax base, AB*, and of the inflation elasticity, TJ. The following sections explain how these estimates are constructed. (text continued on p. 29) SURVEY OF CURRENT BUSINESS April 25 Table 2.—High-Employment and Actual Unemployment Rate and GNP GNP Unemployment rate Percent Year and quarter 1955 1956 1957 1958 1959 Highemployment Actual (1) (2) 4.0 4.0 4.0 4.0 4.1 Unemployment rate Billions of dollars Gap (l)-(2) Highemployment (potential) Actual GNP Percent Billions of dollars Year and quarter Gap (4H5) (4) 4.4 4.1 4.3 6.8 5.5 (3) -0.4 -.1 -.3 28 -1.4 (4) 397.5 424.4 454.0 477.6 506.0 (5) 400.0 421.7 444.0 449.7 487.9 (6) -0.6 .6 2.2 5.9 3.6 1966: I II III IV Highemployment Actual Gap (1M2) Highemployment (potential) Actual (1) (2) (3) Gap (4H5) (4) (4) (5) 4.5 4.5 4.5 4.5 3.9 3.8 3.8 3.7 0.6 .7 .7 .8 719.2 734.4 745.3 759.6 738.5 750.0 760.6 774.9 -2.7 -2.1 21 -2.0 (6) 1960 1961 1962 1963 1964 4.2 4.2 4.2 4.3 4.3 5.5 6.7 5.5 5.7 5.2 -1.3 25 -1.3 -1.4 9 532.0 555.4 585.3 616.2 649.7 506.5 524.6 565.0 596.7 637.7 4.8 5.6 3.5 3.2 1.8 1967: I II Ill IV 4.4 4.4 4.4 4.5 3.8 3.8 3.8 3.9 .6 .6 .6 .5 771.5 781.1 795.7 811.2 780.7 788.6 805.7 823.3 12 -1.0 -1.3 15 1965 1966 1967 1968 1969 4.4 4.5 4.4 4.5 4.6 4.5 3.8 3.8 3.6 3.5 -.1 .7 .6 .9 1.1 689.8 739.6 789.9 854.2 930.5 691.1 756.0 799.6 873.4 944.0 -.2 22 -1.2 -2.2 -1.5 1968: I II III IV 4.5 4.5 4.5 4.5 3.7 3.5 3.5 3.4 .7 .9 1.0 1.1 828.8 846.4 861.1 880.7 841.2 867.2 884.9 900.3 15 25 28 -2.2 1970 1971 1972 1973 1974 4.7 4.8 4.9 4.9 5.0 4.9 5.9 5.6 4.9 5.6 _ 2 -LI 7 0 -.6 1,015.5 1,104.4 1,191.6 1,305.3 1,468.8 992.7 1,077.6 1,185.9 1,326.4 1,434.2 2.2 2.4 .5 -1.6 2.3 1969: I II III IV 4.6 4.6 4.6 4.6 3.4 3.4 3.6 3.6 1.2 1.1 1.0 1.0 898.9 918.9 941.9 962.5 921.2 937.4 955.3 962.0 -2.5 -2.0 14 0 1975 1976 1977 1978 1979 5.1 5.1 5.1 5.1 5.1 8.5 7.7 7.1 6.1 5.8 -3.4 -2.6 -2.0 10 -.7 1,657.9 1,803.5 1,973.4 2,189.3 2,449.3 1,549.2 1,718.0 1,918.0 2,156.1 2,413.9 6.6 4.7 2.8 1.5 1.4 1970: I II III IV . 4.6 4.7 4.7 4.7 4.2 4.8 5.2 5.8 .4 -.1 -.5 11 984.9 1,006.7 1,023.6 1,046.7 972.0 986.3 1,003.6 1,009.0 1.3 2.0 2.0 3.6 1980 1981 5.1 5.1 7.1 7.6 20 -2.5 2,747.2 3,087.3 2,626.1 2,925.5 4.4 5.2 1955: I II III IV 1971: I II Ill IV 4.7 4.8 4.8 4.8 5.9 5.9 6.0 6.0 -1.2 -1.1 -1.2 -1.2 1,071.4 1,095.9 1,115.1 1,135.2 1,049.3 1,068.9 1,086.6 1,105.8 2.1 2.5 2.6 2.6 4.0 4.0 4.0 4.0 4.7 4.4 4.1 4.2 -.7 -.4 -.1 -.2 388.7 394.6 404.8 406.3 388.2 396.2 404.8 411.0 .1 -.4 0 -1.2 4.8 4.9 4.9 4.9 5.8 5.7 5.6 5.3 -1.0 1956: I II Ill IV 1972: I II Ill IV -.7 -.4 1,160.9 1,179.5 1,200.0 1,226.2 1,142.4 1,171.7 1,196.1 1,233.5 1.6 .7 .3 -.6 4.0 4.0 4.0 4.0 4.0 4.2 4.1 4.1 0 .2 -.1 -.1 413.2 420.2 428.5 436.0 412.8 418.4 423.5 432.1 .1 .4 1.2 .9 Ill IV 4.9 4.9 4.9 5.0 5.0 4.9 4.8 4.8 -.1 0 .1 .2 1,254.1 1,287.1 1,320.3 1,359.7 1,283.5 1,307.6 1,337.7 1,376.7 2.3 16 1.3 -1.3 IV 4.0 4.0 4.0 4.0 4.0 4.1 4.2 4.9 0 -.1 2 -.9 444.6 450.2 458.4 463.0 440.2 442.3 449.4 444.0 1.0 1.8 2.0 4.1 1958: I II Ill IV 1974: I II HI IV 5.0 5.0 5.0 5.0 5.1 5.2 5.6 6.6 -.1 -.2 -.6 -1.6 1,395.4 1,441.8 1,491.4 1,546.8 1,387.7 1,423.8 1,451.6 1,473.8 .6 1.2 2.7 4.7 4.0 4.0 4.0 4.1 6.3 7.4 7.3 6.4 23 -3.3 3.3 -2.3 468.8 474.0 480.7 487.1 436.8 440.7 453.9 467.0 6.8 7.0 5.6 4.1 1975: I 8.2 8.9 8.5 8.3 3.2 1959: I II Ill IV 5.0 5.1 5.1 5.1 1,599.9 1,633.7 1,676.6 1,721.4 1,479.8 1,516.7 1,578.5 1,621.8 7.5 7.2 5.9 5.8 4.1 4.1 4.1 4.1 5.8 5.1 5.3 5.6 17 -1.0 1.2 -1.5 495.4 503.5 509.7 515.5 477.0 490.6 489.0 495.0 3.7 2.6 4.1 4.0 1976: I 1960: I II Ill IV 5.1 5.1 5.1 5.1 7.7 7.6 7.7 7.8 1,751.2 1,781.9 1,818.5 1,862.5 1,672.0 1,698.6 1,729.0 1,772.5 4.5 4.7 4.9 4.8 4.1 4.1 4.2 4.2 5.2 5.2 5.6 6.3 10 -1.1 1.4 2.1 523.2 528.6 535.5 540.9 506.9 506.3 508.0 504.8 3.1 4.2 5.1 6.7 1977: I 1961: I II Ill IV 5.1 5.1 5.1 5.1 7.5 7.1 6.9 6.6 1.8 -1.5 1,904.4 1,952.2 1,994.7 2,042.3 1,839.1 1,893.9 1,950.4 1,988.6 3.4 3.0 2.2 2.6 4.2 4.2 4.2 4.2 6.8 7.0 6.8 6.2 -2.6 2.8 -2.6 -2.0 544.8 552.2 559.4 565.1 508.2 519.2 528.2 542.6 6.7 6.0 5.6 4.0 1978: I Ill IV 5.1 5.1 5.1 5.1 6.3 6.0 6.0 5.9 -1.2 -.9 -.9 7 2,088.4 2,159.7 2,218.8 2,290.1 2,032.4 2,129.6 2,190.5 2,271.9 2.7 1.4 1.3 .8 4.2 4.2 4.2 4.2 5.6 5.5 5.6 5.5 -1.4 -1.3 1.4 -1.3 574.7 581.7 587.9 597.1 554.2 562.7 568.9 574.3 3.6 3.3 3.2 3.8 1963: I II Ill IV -1.6 1.4 1.2 — 1.3 605.3 611.4 618.9 629.3 582.0 590.7 601.8 612.4 3.8 3.4 2.8 2.7 5.9 5.7 5.8 6.0 .7 -.6 -.7 -.8 2,353.9 2,416.1 2,4-79.9 2,547.2 5.8 5.7 5.5 5.6 5.1 5.1 5.1 5.1 2,340.6 2,374.6 2,444.1 2,496.3 .6 1.7 1.4 2.0 4.2 4.2 4.3 4.3 1979: I II HI IV 1964: I II Ill IV 1980: I II III IV 5.1 5.1 5.1 5.1 6.3 7.3 7.6 7.5 1.1 22 -2.5 23 2,623.1 2,704.4 2,784.5 2,876.8 2,571.7 2,564.8 2,637.3 2,730.6 2.0 5.2 5.3 5.1 4.3 4.3 4.4 4.4 5.5 5.2 5.0 5.0 1.2 -.9 -.6 -.6 636.9 644.9 654.6 662.6 625.3 634.0 642.8 648.8 1.8 1.7 1.8 2.1 1965: I II Ill IV 1981: I II Ill IV 5.1 5.1 5.1 5.1 7.4 7.4 7.4 8.3 -2.3 -2.3 -2.3 -3.3 2,965.7 3,033.3 3,127.8 3,222.6 2,853.0 2,885.8 2,965.0 2,998.3 3.8 4.9 5.2 7.0 4.4 4.4 4.4 4.4 4.9 4.7 4.4 4.1 .5 -.3 .1 .3 674.6 684.3 694.9 705.3 668.8 681.7 696.4 717.2 .8 .4 -.2 -1.7 1957: I II 1962: I II HI IV . . . 1973: I Ill IV Ill IV Ill IV Source: Council of Economic Advisers, Bureau of Labor Statistics, and Bureau of Economic Analysis. 371-676 0 - 8 2 - 4 qQ 3.4 -3.2 2.7 9 t\ 2.6 -2.7 2.4 9 ft 26 SURVEY OF CURRENT BUSINESS April Table 3.—Actual and High-Employment Federal Receipts and Expenditures [Billions of dollars, seasonally adjusted at annual rates] Actual High-Employment Expenditures Receipts Amount Percentage of GNP Amount Percentage of GNP 72.6 78.0 81.9 78.7 89.8 18.2 18.5 18.4 17.5 18.4 68.1 71.9 79.6 88.9 91.0 17.0 17.1 17.9 19.8 18.7 96.1 98.1 106.2 114.4 114.9 19.0 18.7 18.8 19.2 18.0 93.1 101.9 110.4 114.2 118.2 124.3 141.8 150.5 174.4 196.9 18.0 18.8 18.8 20.0 20.9 191.9 198.6 227.5 258.6 287.8 Surplus or deficit( — ) Percentage of GNP 4.4 6.1 2.3 -10.3 11 18.4 19.4 19.5 19.1 18.5 123.8 143.6 163.7 180.5 188.4 19.3 18.4 19.2 19.5 20.1 287.3 331.8 375.1 431.5 494.4 Receipts Expenditures Surplus or deficit( — ) Amount Percentage of GNP 1 Amount Percentage of GNP 1 1.1 1.4 .5 23 -.2 73.1 79.8 85.6 86.8 95.3 18.4 18.8 18.9 18.2 18.8 67.9 71.9 79.5 86.8 89.9 17.1 16.9 17.5 18.2 17.8 5.2 7.9 6.1 0 5.4 1.3 1.9 1.4 0 1.1 3.0 39 -4.2 .3 -3.3 .6 -.7 -.7 .1 5 104.0 107.1 112.3 120.5 118.6 19.6 19.3 19.2 19.6 18.2 92.0 100.0 109.3 113.0 117.5 17.3 18.0 18.7 18.3 18.1 12.1 7.1 3.0 7.4 1.1 2.3 1.3 .5 1.2 .2 17.9 19.0 20.5 20.7 20.0 .5 -1.8 -13.2 60 8.4 .1 2 -1.7 -.7 .9 124.5 138.4 149.0 170.2 194.3 18.1 18.7 18.9 19.9 20.9 123.7 144.0 164.1 181.2 189.4 17.9 19.5 20.8 21.2 20.4 .9 -5.6 15 1 -11.0 4.9 .1 -.8 -1.9 -1.3 .5 204.3 220.6 244.3 264.2 299.3 20.6 20.5 20.6 19.9 20.9 124 -22.0 -16.8 -5.6 -11.5 -1.2 -2.0 14 -.4 -.8 199.7 206.7 230.0 253.9 298.2 19.7 18.7 19.3 19.5 20.3 204.3 218.0 242.1 263.5 298.5 20.1 19.7 20.3 20.2 20.3 -4.6 -11.3 -12.1 -9.5 -.3 — .5 -1.0 10 _7 18.5 19.3 19.6 20.0 20.5 356.6 384.8 421.5 460.7 509.2 23.0 22.4 22.0 21.4 21.1 -69.3 -53.1 -46.4 -29.2 -14.8 -4.5 -3.1 24 -1.4 6 316.8 356.3 391.5 441.2 504.1 19.1 19.8 19.8 20.2 20.6 346.0 373.6 413.1 456.3 506.2 20.9 20.7 20.9 20.8 20.7 29 i -17.4 -21.7 -15.1 -2.1 -1.8 -1.0 11 -.7 — .1 540.8 626.1 20.6 21.4 602.0 688.4 22.9 23.5 -61.2 623 -2.3 -2.1 573.4 671.6 20.9 21.8 593.6 674.2 21.6 21.8 -21.3 26 -.7 1 1955: I II HI IV 69.7 71.6 73.6 75.5 18.0 18.1 18.2 18.4 67.9 66.7 68.9 69.0 17.5 16.8 17.0 16.8 1.8 4.9 4.8 6.5 0.5 1.2 1.2 1.6 71.0 72.5 73.6 75.3 18.3 18.4 18.4 18.5 67.4 66.5 68.8 68.9 17.3 16.8 17.2 17.0 3.6 6.1 4.8 6.4 0.9 1.5 1.2 1.6 1956: I II HI IV 76.0 77.6 77.6 80.5 18.4 18.5 18.3 18.6 69.4 71.8 72.4 74.2 16.8 17.2 17.1 17.2 6.6 5.8 5.2 6.3 1.6 1.4 1.2 1.5 77.3 79.2 80.1 82.6 18.7 18.9 18.7 18.9 69.4 71.7 72.3 74.1 16.8 17.1 16.9 17.0 7.9 7.5 7.8 8.5 1.9 1.8 1.8 1.9 1957: I II HI IV 82.7 82.5 82.6 79.6 18.8 18.7 18.4 17.9 78.1 79.8 79.8 81.0 17.7 18.0 17.8 18.2 4.6 2.8 2.8 -1.3 1.0 .6 .6 -.3 84.9 85.7 86.0 85.8 19.1 19.0 18.8 18.5 78.1 79.8 79.7 80.4 17.6 17.7 17.4 17.4 6.8 5.9 6.3 5.5 1.5 1.3 1.4 1.2 1958: I II HI IV 76.0 75.9 79.5 83.0 17.4 17.2 17.5 17.8 83.5 87.8 91.6 93.0 19.1 19.9 20.2 19.9 75 -11.9 -12.1 -10.0 17 -2.7 27 -2.1 85.6 85.6 87.2 88.7 18.3 18.1 18.1 18.2 81.8 85.1 89.1 91.2 17.5 18.0 18.5 18.7 3.8 .5 -1.9 25 .8 .1 -'.5 1959: I II HI IV 87.6 91.6 89.8 90.4 18.4 18.7 18.4 18.3 90.5 89.9 91.5 91.9 19.0 18.3 18.7 18.6 29 1.6 17 -1.5 -.6 .3 3 -.3 92.9 95.6 96.1 96.7 18.8 19.0 18.9 18.8 89.2 89.1 90.6 90.8 18.0 17.7 17.8 17.6 3.7 6.5 5.5 5.9 .8 1.3 1.1 1.1 1960: I II HI IV 97.9 96.4 95.7 94.6 19.3 19.0 18.8 18.7 90.2 92.3 94.2 95.7 17.8 18.2 18.5 19.0 7.6 4.2 1.4 -1.1 1.5 .8 .3 2 103.2 103.4 104.1 105.4 19.7 19.6 19.4 19.5 89.4 91.4 93.1 94.0 17.1 17.3 17.4 17.4 13.8 12.0 11.1 11.4 2.6 2.3 2.1 2.1 1961: I II HI IV 94.5 96.6 98.9 102.2 18.6 18.6 18.7 18.8 98.9 101.7 102.8 104.4 19.5 19.6 19.5 19.2 -4.3 -5.1 39 -2.2 -.8 -1.0 7 -.4 105.4 106.3 108.0 108.7 19.3 19.2 19.3 19.2 96.8 99.4 100.8 102.9 17.8 18.0 18.0 18.2 8.6 6.9 7.1 5.9 1.6 1.2 1.3 1.0 1962: I II Ill IV 103.3 105.1 107.5 108.8 18.6 18.7 18.9 18.9 109.0 109.2 110.7 112.8 19.7 19.4 19.5 19.6 56 -4.1 -3.2 4.0 10 -.7 -.6 _ y 109.3 110.8 113.3 115.8 19.0 19.0 19.3 19.4 107.8 108.1 109.6 111.7 18.8 18.6 18.6 18.7 1.5 2.7 3.8 4.1 .3 .5 .6 .7 1963: I II HI IV 111.6 114.1 115.3 116.6 19.2 19.3 19.2 19.0 113.5 112.2 114.1 116.8 19.5 19.0 19.0 19.1 -1.9 1.9 1.2 -.2 -.3 .3 .2 0 118.9 120.6 120.6 121.8 19.6 19.7 19.5 19.4 112.3 111.0 113.1 115.8 18.5 18.2 18.3 18.4 6.6 9.5 7.6 6.1 1.1 1.6 1.2 1.0 1964: I II HI IV 115.4 112.1 115.2 117.0 18.5 17.7 17.9 18.0 118.3 118.8 117.6 118.0 18.9 18.7 18.3 18.2 -3.0 67 -2.4 -1.0 -.5 -1.1 -.4 .2 119.0 115.3 118.8 121.2 18.7 17.9 18.1 18.3 117.4 118.0 117.0 117.5 18.4 18.3 17.9 17.7 1.6 -2.7 1.8 3.7 .3 -.4 .3 .6 1965: I II HI IV 122.7 124.4 123.1 127.1 18.3 18.2 17.7 X7.7 118.2 120.4 126.1 130.5 17.7 17.7 18.1 18.2 4.6 3.9 3.0 -3.4 .7 .6 4 -^5 124.8 125.6 123.2 124.6 18.5 18.4 17.7 17.7 117.8 120.2 126.1 130.6 17.5 17.6 18.1 18.5 7.0 5.5 -2.8 -6.1 1.0 .8 — 4 -'.9 1955 1956 1957 1958 1959 I960 . 1961 1962 1963 1964 . . . . . . 1965 1967 1968 1969 1970 1971 1972 1973 1974 .. 1975 1976 1977 1978 1979 . . 1980 1981 ., . Amount Amount Percentage of GNP 1 o' A 27 SURVEY OF CURRENT BUSINESS April Table 3.—Actual and High-Employment Federal Receipts and Expenditures—Continued [Billions of dollars, seasonally adjusted at annual rates] High-Employment Actual Receipts Year and quarter Expenditures Surplus or deficit (—) Amount Percentage of GNP Amount Percentage of GNP 1966: I II HI IV 136.5 141.3 143.7 145.9 18.5 18.8 18.9 18.8 135.8 140.0 146.9 151.8 18.4 18.7 19.3 19.6 .6 1.3 -3.2 -5.9 1967: I II HI IV 147.0 147.6 151.5 155.9 18.8 18.7 18.8 18.9 159.9 160.9 165.1 168.9 20.5 20.4 20.5 20.5 163.6 168.8 180.0 185.4 19.4 19.5 20.3 20.6 173.4 180.9 182.6 185.1 195.4 198.5 196.3 197.2 21.2 21.2 20.5 20.5 192.7 194.3 190.7 189.8 Expenditures Receipts Surplus or deficit (—) Percentage of GNP Amount Percentage of GNP 1 Amount Percentage of GNP 1 .1 .2 — 4 -is 132.1 138.0 140.6 142.8 18.4 18.8 18.9 18.8 136.1 140.3 147.3 152.3 18.9 19.1 19.8 20.0 -12.9 -13.2 136 -13.0 -1.7 -1.7 17 -1.6 145.6 146.7 149.9 153.8 18.9 18.8 18.8 19.0 160.3 161.4 165.6 169.3 20.8 20.7 20.8 20.9 -14.7 -14.7 -15.7 -15.5 -1.9 -1.9 -2.0 -1.9 20.6 20.9 20.6 20.6 -9.8 -12.2 -2.6 .3 -1.2 -1.4 -.3 0 161.3 164.2 174.4 181.1 19.5 19.4 20.2 20.6 173.9 181.6 183.3 186.0 21.0 21.5 21.3 21.1 -12.6 174 -9.0 -4.9 -1.5 -2.1 -1.0 -.6 184.0 187.1 189.8 192.9 20.0 20.0 19.9 20.1 11.4 11.5 6.5 4.3 1.2 1.2 .7 .4 190.1 194.4 193.9 199.0 21.1 21.2 20.6 20.7 185.0 188.0 190.7 193.8 20.6 20.5 20.2 20.1 5.1 6.3 3.2 5.1 .6 .7 .3 .5 19.8 19.7 19.0 18.8 193.9 207.4 205.7 210.3 19.9 21.0 20.5 20.8 -1.3 131 -14.9 -20.4 -.1 13 -1.5 -2.0 198.0 201.7 197.6 201.6 20.1 20.0 19.3 19.3 194.8 207.9 205.4 209.1 19.8 20.7 20.1 20.0 3.1 -6.3 -7.8 -7.6 .3 -.6 -.8 7 194.9 197.1 198.6 203.7 18.6 18.4 18.3 18.4 213.4 220.8 222.3 225.9 20.3 20.7 20.5 20.4 -18.5 237 -23.7 -22.2 -1.8 22 -2.2 -2.0 201.9 205.3 207.0 212.4 18.8 18.7 18.6 18.7 211.3 218.2 219.5 223.0 19.7 19.9 19.7 19.6 -9.4 -12.9 -12.4 -10.6 9 -1.2 -1.1 -.9 223.0 224.2 227.6 235.3 19.5 19.1 19.0 19.1 235.8 244.0 238.1 259.4 20.6 20.8 19.9 21.0 -12.8 -19.8 -10.5 -24.1 11 -1.7 — 9 -2.0 229.1 227.2 229.5 234.2 19.7 19.3 19.1 19.1 233.0 241.4 236.1 257.8 20.1 20.5 19.7 21.0 39 -14.2 66 -23.6 -.3 -1.2 -.5 -1.9 252.1 255.6 259.7 267.2 19.6 19.5 19.4 19.4 260.7 262.8 262.3 271.2 20.3 20.1 19.6 19.7 86 -7.1 26 -4.0 7 -.5 -.2 -.3 245.0 251.1 256.0 263.7 19.5 19.5 19.4 19.4 259.4 261.8 261.8 270.9 20.7 20.3 19.8 19.9 -14.4 -10.7 -5.8 -7.2 -1.1 -.8 4 -.5 274.8 284.6 296.6 295.3 19.8 20.0 20.4 20.0 279.6 295.2 305.0 317.6 20.1 20.7 21.0 21.5 47 -10.6 -8.4 -22.4 -.3 -.7 -.6 -1.5 277.9 290.5 308.4 316.0 19.9 20.2 20.7 20.4 279.4 294.7 304.3 315.7 20.0 20.4 20.4 20.4 288.2 254.5 298.7 307.9 19.5 16.8 18.9 19.0 333.6 353.6 365.3 374.0 22.5 23.3 23.1 23.1 -45.5 -99.0 -66.6 661 -3.1 -6.5 -4.2 41 321.7 283.4 326.1 335.9 20.1 17.3 19.5 19.5 327.6 341.8 352.7 361.6 20.5 20.9 21.0 21.0 -5.8 -58.4 -26.5 -25.7 -.4 -3.6 -1.6 15 320.0 327.5 335.9 343.6 19.1 19.3 19.4 19.4 376.3 375.7 387.4 399.9 22.5 22.1 22.4 22.6 -56.3 -48.2 -51.6 -56.3 -3.4 -2.8 -3.0 -3.2 342.9 351.5 361.5 369.2 19.6 19.7 19.9 19.8 363.9 364.2 376.7 389.8 20.8 20.4 20.7 20.9 210 -12.7 -15.2 -20.6 -1.2 -.7 8 -1.1 364.9 370.2 376.5 389.0 19.8 19.5 19.3 19.6 403.1 412.9 428.6 441.5 21.9 21.8 22.0 22.2 -38.1 -42.7 -52.2 -52.5 -2.1 23 27 -2.6 384.5 387.4 389.6 404.5 20.2 19.8 19.5 19.8 393.3 404.3 420.8 434.2 20.7 20.7 21.1 21.3 -8.9 -16.9 -31.2 29.7 -1.6 -1.5 1978: I II Ill IV 398.6 423.6 440.9 462.7 19.6 19.9 20.1 20.4 447.4 451.1 463.7 480.6 22.0 21.2 21.2 21.2 -48.8 -27.4 -22.8 179 -2.4 -1.3 -1.0 8 414.4 432.6 449.3 468.3 19.8 20.0 20.2 20.4 441.7 446.7 459.5 477.1 21.1 20.7 20.7 20.8 -27.2 14.2 -10.2 -8.8 1.3 -.7 -.5 -.4 1979: I II Hi IV 477.0 485.9 500.6 514.0 20.4 20.5 20.5 20.6 488.4 494.0 515.8 538.6 20.9 20.8 21.1 21.6 -11.5 -8.1 -15.2 -24.5 -.5 .3 -.6 -1.0 481.0 497.1 510.4 527.8 20.4 20.6 20.6 20.7 484.9 491.3 513.1 535.5 20.6 20.3 20.7 21.0 -3.8 5.8 2.7 -7.7 -.2 .2 .1 -.3 528.4 520.9 540.8 573.2 20.5 20.3 20.5 21.0 564.7 587.3 615.0 641.1 22.0 22.9 23.3 23.5 -36.3 -66.5 74.2 -67.9 -1.4 -2.6 2.8 -2.5 542.3 557.5 580.1 613.5 20.7 20.6 20.8 21.3 560.6 579.3 604.4 630.3 21.4 21.4 21.7 21.9 -18.3 21.7 -24.2 -16.8 -.7 -.8 -.9 -.6 617.4 621.0 638.3 627.7 21.6 21.5 21.5 20.9 664.0 668.2 694.0 727.2 23.3 23.2 23.4 24.3 46.6 -47.2 -55.7 -99.5 1.6 -1.6 1.9 -3.3 650.2 663.3 684.7 688.3 21.9 21.9 21.9 21.4 651.4 652.8 680.4 712.2 22.0 21.5 21.8 22.1 -1.3 10.6 4.3 -24.0 0 .3 .1 -.7 1968: I II HI IV 1969: I II HI IV . ... . . . . 1970: I II Ill IV .-. 1971: I II Ill IV . . . 1972: I II HI IV .. . 1973: I II HI IV 1974: I II HI IV .. 1975: I II HI IV 1976: I II Ill IV 1977: I II III IV 1980: I II HI IV 1981: I II Ill IV 1 Percentage of potential GNP. . . . . . Amount Amount 40 -2.3 -6.8 -9.5 -1.6 -4.2 4.1 .3 Percentage of GNP 1 -.6 -.3 -.9 12 1 -.3 .3 0 -.5 9 28 SURVEY OF CURRENT BUSINESS April Table 4.—Sources of Quarterly Changes in High-Employment Receipts, Expenditures, and Surplus or Deficit [Billions of dollars, seasonally adjusted at annual rates] 1955: II III IV Receipts Due to discretionary policy changes and other factors Due to automatic inflation effects Total Year and quarter Expenditures Surplus or deficit(-) Receipts Expenditures Surplus or deficit! -) Expenditures Receipts Surplus or deficit(-) 1.5 1.1 1.7 09 2.3 .1 2.5 -1.3 1.6 0.7 .5 .4 0 0 0 0.7 .5 .4 0.8 .6 1.2 -1.0 2.3 .1 1.8 -1.8 1.2 1956: I II Ill IV 2.0 1.9 .9 2.5 .5 2.3 .6 1.8 1.5 -.4 .3 .7 .8 .8 1.3 .8 0 0 0 0 .8 .8 1.3 .8 1.2 1.1 -.4 1.6 .5 2.3 .6 1.8 .7 12 -1.0 -.2 1957: I II III IV 2.3 .8 .3 -.2 4.0 1.7 -.1 .7 1.7 -.9 .4 -.8 1.1 -.2 .9 -.5 0 0 0 0 1.1 -.2 .9 5 1.2 .9 -.6 .3 4.0 1.6 1 .7 -2.8 7 -.5 -.3 1958: I II III IV -.2 0 1.6 1.5 1.4 3.3 4.0 2.1 -1.7 -3.3 24 -.6 .1 — .2 !? .4 0 0 0 0 0 2 .7 .4 3 .1 1.0 1.1 1.5 3.3 4.0 2.1 -1.7 -3.2 -3.0 -1.0 II III IV 4.2 2.7 .5 .6 20 1 1.5 .2 6.2 2.8 -1.0 .4 1.2 .9 .1 2 0 0 0 0 1.2 .9 .1 _2 3.0 1.7 .4 .8 -2.0 -.2 1.5 .2 5.0 1.9 -1.1 .7 1960: I II HI IV 6.5 .2 .7 1.3 -1.4 2.0 1.7 .9 7.9 18 -.9 .3 .6 -.2 .4 -.2 0 0 0 0 .6 -.2 .3 -.2 5.9 .4 .3 1.5 14 2.0 1.6 .9 7.3 -1.6 -1.3 .5 0 .9 1.7 .7 2.8 2.6 1.4 2.1 -2.8 -1.7 .2 -1.2 -.7 .6 .8 .1 0 0 0 0 7 .6 .8 .1 .6 .3 .9 .7 2.7 2.6 1.5 2.0 -2.1 -2.3 -.6 -1.3 .6 1.5 2.5 2.5 4.9 .3 1.5 2.1 -4.4 1.2 1.1 .3 1.4 .4 _i '.S 0 0 0 0 1.3 .4 -.1 .8 8 1.1 2.6 1.6 4.9 .3 1.4 2.1 57 .8 1.2 -.5 3.1 1.7 0 1.2 .6 -1.3 2.1 2.7 2.5 2.9 19 -1.5 .6 -.3 .1 1.3 0 0 0 .6 -.3 .1 1.2 2.4 2.0 0 1 .5 -1.2 2.0 2.6 1.9 3.2 20 -2.7 1964: I II HI IV -2.8 37 3.5 2.4 1.6 .6 -1.0 .5 -4.5 43 4.5 1.9 .3 .2 .7 .2 0 0 0 0 .3 .2 .7 .2 -3.1 39 2.7 2.2 1.6 .6 -1.0 .5 47 -4.5 3.7 1.7 1965: I II Ill IV 3.6 .8 24 1.4 .3 2.4 5.9 4.5 3.3 -1.5 -8.3 -3.3 1.5 .7 .8 .6 0 0 0 .1 1.4 .7 .8 .5 2.1 .1 32 .7 .3 2.4 5.9 4.5 1.9 22 -9.1 -3.7 1966: I II III IV 7.5 5.9 2.6 2.2 5.5 4.2 7.0 5.0 2.1 1.7 -4.5 -2.7 1.8 2.2 .6 1.5 0 .1 .1 .1 1.7 2.2 .6 1.4 5.8 3.6 1.9 .8 5.4 4.2 6.9 4.8 .4 6 -5.0 -4.1 1967: I II III IV 2.8 1.1 3.2 3.9 8.0 1.1 4.2 3.7 5.2 0 -1.0 .2 .7 0 1.6 2.3 .2 .5 1 1.5 2.2 2.1 1.1 1.6 1.6 7.8 .9 4.1 3.6 -5.7 .2 25 -2.0 1968: I II HI IV 7.5 2.9 10.2 6.7 4.6 7.7 1.7 2.7 2.9 4.8 8.4 4.1 2.8 2.5 1.2 2.9 .1 .3 .1 .2 2.7 2.2 1.0 2.7 4.7 .4 9.0 3.8 4.5 7.4 1.6 2.5 .2 -7.0 7.4 1.4 9.0 4.3 -.5 5.1 -1.0 3.0 2.7 3.1 10.0 1.2 -3.1 1.9 2.4 3.0 4.0 2.8 .3 .3 .2 .2 2.1 2.7 3.8 2.6 6.6 1.3 -4.5 2.2 -1.3 2.7 2.5 2.9 7.9 -1.5 70 .7 -1.0 3.7 -4.1 4.0 1.0 13.1 -2.5 3.7 -2.0 94 -1.5 .2 3.0 2.5 .7 2.7 .6 .1 -.4 .7 2.4 2.4 1.1 1.9 -4.0 1.2 -4.7 1.3 .4 13.0 22 3.0 44 -11.8 -2.6 -1.7 1971: I II Ill IV .3 3.4 1.7 5.4 2.2 6.9 1.3 3.5 -1.8 -3.5 .5 1.8 3.7 3.3 .9 1.1 2.9 .3 .2 .4 .8 3.0 .7 .7 33 .1 .8 4.3 7 6.6 1.0 3.2 -2.6 -6.5 -.3 1.1 1972: I II HI IV 16.7 -1.9 2.3 4.7 10.0 8.4 -5.3 21.7 6.7 10.3 7.6 -17.0 3.2 1.1 1.4 3.5 2.9 -.5 .5 3.1 .3 1.6 .9 .4 13.4 -2.9 .9 1.1 7.1 8.9 -5.8 18.6 6.3 11 9 6.7 -17.4 ... 1959: 1961: I II Ill IV . . . 1962: I II HI IV 1963: I II HI IV 1969: I II HI IV . .. . . 1970: I II III IV .... ... . .. .1 .1 .1 .1 April 29 SURVEY OF CURRENT BUSINESS Table 4.—Sources of Quarterly Changes in High-Employment Receipts, Expenditures, and Surplus or Deficit—Continued [Billions of dollars, seasonally adjusted at annual rates] Due to automatic inflation effects Total Year and quarter Receipts Expenditures Surplus or deficit (-) Receipts Expenditures Due to discretionary policy changes and other factors Surplus or deficit (-) Receipts Expenditures Surplus or deficit (-) 1973: I II Ill IV 10.8 6.1 4.9 7.7 1.6 2.4 0 9.1 9.2 3.7 4.9 -1.4 4.3 5.8 5.4 7.2 .5 1.3 1.4 3.3 3.8 4.5 4.0 3.9 6.5 .3 -.4 .4 1.1 1.1 -1.4 5.7 5.3 8 1.0 -5.3 1974: I II Ill IV 14.2 12.6 17.9 7.6 8.5 15.3 9.6 11.4 5.6 -2.6 8.3 -3.8 5.6 9.0 10.1 11.5 1.7 1.9 2.5 4.2 4.0 7.1 7.7 7.3 8.6 3.7 7.8 -3.9 6.9 13.4 7.1 7.3 1.7 -9.7 .6 -11.2 1975: I II HI IV 5.7 -38.3 42.7 9.8 11.9 14.2 10.9 8.9 -6.1 -52.6 31.9 .8 9.9 2.3 4.0 6.1 2.4 -1.4 6.8 2.6 7.6 3.7 28 3.6 42 -40.6 38.8 3.6 9.5 15.6 4.1 6.4 137 -56.3 34.7 -2.8 1976: I II Ill IV 7.0 8.6 10.0 7.7 2.3 .3 12.5 13.1 4.7 8.3 -2.5 54 1.5 1.4 4.1 7.5 -.5 1.4 6.2 3.7 2.0 0 21 3.8 5.5 7.2 5.9 .2 2.8 -1.1 6.2 9.4 2.7 8.3 4 -9.2 1977: I II HI IV 15.3 2.9 2.2 14.9 3.5 11.0 16.5 13.4 11.7 -8.0 -14.3 1.5 6.7 8.4 5.7 7.1 1.9 3.0 6.1 4.6 4.8 5.4 -.4 2.5 8.5 -5.4 -3.5 7.8 1.7 8.0 10.4 8.8 6.9 -13.5 -13.9 -1.0 1978: I II Ill IV 9.9 18.2 16.7 19.0 7.5 5.0 12.8 17.6 2.5 13.0 4.0 1.4 6.3 15.6 10.9 14.7 1.3 3.7 7.7 6.2 5.0 11.9 3.2 8.5 3.7 2.5 5.8 4.3 6.2 1.4 5.0 11.5 -2.5 1.1 .8 -7.2 1979: I II Ill IV 12.7 16.1 13.3 17.4 7.8 6.4 21.8 22.4 5.0 9.6 85 -5.0 11.1 10.4 10.2 11.9 2.6 .7 12.6 6.1 8.6 9.8 25 5.8 1.6 5.7 3.1 5.5 5.2 5.8 9.1 16.3 -3.6 -.2 -6.0 108 1980: I II Ill IV 14.5 15.2 22.6 33.4 25.1 18.7 25.1 25.9 -10.6 34 -2.5 7.4 14.8 16.4 15.5 19.1 3.1 3.5 19.2 11.6 11.6 12.8 -3.7 7.5 3 -1.1 7.1 14.3 22.0 15.1 5.9 14.3 -22.2 16.3 1.2 0 1981: I II Ill IV 36.7 13.1 21.4 3.6 21.1 1.4 27.6 31.8 15.5 11.9 63 -28.3 17.1 8.8 17.8 18.8 3.9 .8 20.2 8.9 13.2 8.0 24 9.9 19.5 4.4 3.5 -15.2 17.2 .5 7.5 23.0 2.3 3.8 -3.9 382 Income share equations.—Inflationinduced changes in the various tax bases are estimated using a set of equations that express changes in components of GNP as a function of changes in the GNP gap, changes in the GNP implicit price deflator, and the growth of potential GNP. The components of GNP for which income share equations are estimated are: 1. Wages and salaries 2. Other labor income and employer contributions for social insurance 3. Corporate profits with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj) 4. Proprietors' income with IVA and CCAdj 5. Rental income of persons with CCAdj, and net interest 6. GNP less national income. The equations are not based on a theory of income shares, but are simply a way of representing the em- pirical relation of shares to cyclical where: fluctuations, to inflation, and to the S=an income share (e.g., wages and salaries); GNP=GNP in current dollars; non-cyclical rate of growth of the GNPK72 = potential GNP in 1972 dollars; economy. GNPGAP=the GNP gap; The dependent variable in each PGNP=the implicit price deflator for GNP; share equation is a change in an a, bh b2, cb c2=estimated coefficients; income component divided by lagged t=the current quarter; t-1 a one-quarter lag, GNP. The explanatory variables are etc. the percent change in potential real GNP, changes in current and past Table 7 shows the income share GNP gaps, and percent changes in equations. The equations are estimatcurrent and past values of the GNP ed by ordinary least squares except deflator. Algebraically, for the coefficients of the change in potential GNP. Because the estimated percentage change in potential GNP is constant over long periods of time, ASt /AGNPK72 t \ (2) and because uncertainty about the V GNPK72t_! / true change in potential GNP is large relative to the variance of the change, +bi(AGNPGAPt)+l>2 2 (AGNPGAPt_i) ordinary least squares estimates of the coefficients of changes in potential GNP were felt to be unreliable. Coefficients of potential GNP were estimated by taking the mean of each SURVEY OF CURRENT BUSINESS 30 close to high-employment at its beginning and at its end. It was felt that changes in shares during this period were likely to reflect the effects of growth in potential GNP rather than inflation or cyclical changes. The income share equations used in the November 1980 article (p. 32) in calculating the high-employment budget related shares to current and change-in-share variable for the period 1956:1 to 1965:3, and dividing it by the sum of the means for all the shares so that the coefficients add to 1.0. Each coefficient of potential GNP is thus proportional to the 1956-65 rate of growth of each share. The period 1956-65 was selected because there was little inflation during the period and because the economy was Table 5.—Simulation of the Effect of a One Percentage Point Increase in the Inflation Rate on the High-Employment Budget [Billions of dollars] Cumulative changes Quarter-to-quarter changes Number of quarters after the increase in inflation (first quarter =1977:2) Receipts 1 2 3 4 12 Expenditures Surplus or deficit (-) Expenditures Receipts Surplus or deficit (-) 1.8 1.9 1.8 1.5 0.8 .5 .9 .5 1.0 1.4 .9 1.1 1.8 3.7 5.5 7.0 0.8 1.3 2.2 2.7 1.0 2.4 3.3 4.4 1.7 .3 1.4 13.8 5.1 8.7 2.0 .3 1.7 21.5 8.1 13.3 Table 6.—Simulation of the Effect of a One Percentage Point Increase in the Inflation Rate on the High-Employment Budget, With Indexation of the Personal Income Tax [Billions of dollars] Number of quarters after the increase in inflation (first quarter =197 7: 2) Quarter-to-quarter changes Receipts 1 2 3 4 12 Expenditures Cumulative changes Surplus or deficit ( - ) Expenditures Receipts Surplus or deficit ( - ) 1.5 1.6 1.5 1.2 0.8 .5 .9 .5 0.8 1.1 .6 .7 1.5 3.1 4.6 5.8 0.8 1.3 2.2 2.7 0.8 1.8 2.4 3.1 1.3 .3 1.0 10.9 5.1 5.8 1.5 .3 1.2 16.6 8.1 8.5 April past GNP gaps but not to inflation rates. The responses to GNP gaps in the new and old equations are quite similar. The responses to current and lagged inflation rates in the new equations are statistically significant in a number of cases and quantitatively important in many cases. The wage and salary response to inflation indicates that wages and salaries approximately maintain their share of GNP in the face of an increase in the rate of inflation; the five-quarter sum of coefficients of 0.5096 is similar to the 1979 average share of wages and salaries in GNP of 0.5120.5 The corporate profits response to inflation, like the corporate profits response to cyclical changes measured by the GNP gap, indicates an initial overshooting; in the case of prices the coefficient of the current rate of inflation of 0.2047 is larger than the 1979 corporate profits share of 0.0815. The coefficient of -0.0399 on inflation rates during the four previous quarters indicates that corporate profits fall back towards their earlier share when a new inflation rate persists for five quarters. The coefficients of potential GNP add, by construction, to 1.0, as the bottom line of table 7 shows. In addition, the coefficients of current inflation add to approximately 1.0, the coefficients of past inflation to approximately zero, the coefficients of changes in the gap to approximately 5. The five-quarter sum of coefficients includes the 0.4476 coefficient for the current quarter plus the 0.0155 coefficient for each of the preceding four quarters. Table 7.—Income Share Equations Coefficients Change in income component GNP tl Wages a d AGNPGAPt 1 ' • Watson statistic 1979 share of GNP 0.0155 (09) 0.5124 0.78 1.8 0.5120 -.0593 ( 67) -.4778 (-19.1) -.0810 ( 5 1) -.0130 ( 36) .0572 (5.5) -.0059 ( 09) .0599 (27) .2047 (3.2) -.0159 ( 04) .0179 (30) -.0399 (-2.3) .0130 (1 2) .0754 .60 2.4 .0932 .1054 .79 1.8 .0815 .0483 .18 1.7 0.545 -.0003 (00) -.0812 ( 3 0) -1.0502 -.0025 ( 05) .0272 (25) .0007 .0813 (27) .2245 (33) 1.0021 .0015 (02) -.0056 ( 03) .0024 .0791 .23 1.7 .0720 .1794 .30 2.2 .1867 Definitions of Variables: GNP: current-dollar GNP at annual rates; GNP72: GNP in 1972 dollars at annual rates; PGNP: the implicit price deflator for GNP, 1972 = 100; GNPK72: potential GNP in 1972 dollars, at annual rates; GNPGAP: (GNPK72—GNP72VGNPK72. Estimation period: 1956:2 to 1981:2. Numbers in parentheses are t-statistics. R* 0.4476 (7.1) Proprietors' income with IVA and CCAdj Sum of coefficients AGNPK72t GNPK?^-, -0.0623 ( 6 1) Corporate profits with IVA and CCAdj GNP less national income i I APGNP, , 1 i=l\ PGNPtjl/ -0.3506 ( 14 2) Other labor income and employer contributions for social insurance .. Rental income of persons with CCAdj, and net interest . 4 ( \ ^(AGNPGAPt,; APGNP, PGNPtM 1.0000 1.0000 April — 1.0, and the coefficients of past changes in the gap to approximately zero. The mathematical reason for these results is complex. It has to do with the fact that the percent change in GNP from quarter to quarter can be expressed in two ways, which must equal one another. One is as the sum of all of the dependent variables in the share equations, because the change in wages and salaries plus the change in corporate profits plus all the other changes in shares is equal to the change in GNP. The other is as the percent change in potential GNP plus the percent change in prices minus the change in the GNP gap.6 Supplementing these income share equations are special equations for the corporate profits IVA and CCAdj, dividends, personal interest income less net interest, and Federal Reserve profits taxes. The equations for the corporate profits IVA and CCAdj are necessary to convert the measure of corporate profits estimated in the share equations to book profits, which is used as the tax base for the corporate income tax. The dividends and interest equations are necessary to estimate adjusted personal income, which is used as the tax base for personal income tax and nontax payments (adjusted personal income is defined below). The Federal Reserve profits tax equation is used to estimate the impact of inflation on Federal Reserve profits taxes. The IVA is specified to depend on current and two quarters of lagged inflation rates. The CCAdj is specified to depend on the current GNP gap and a distributed lag of 18 quarters of inflation rates. Dividends are estimated using a longrun elasticity of dividends with respect to book profits. The equation for the difference between personal interest income and net interest is specified in the same way as the income share equations. The Federal Reserve profits tax is specified to depend on a distributed lag of four quarters of inflation rates. 6. GNP can be factored into real potential GNP, the GNP gap, and prices as follows: GNPt=GNPK72t(l -GNPGAPt)PGNPt The percent change in GNP is approximately equal to the sum of the percent changes of these three factors, or: AGNPt = AGNPK72t A(l-GNPGAP)t APGNPt GNPt_! GNPK7V! (l-GNPGAP)t_! PCNF^' The middle term, finally, is approximately equal to—AGNPGAP. SURVEY OF CURRENT BUSINESS All of these equations are used in two ways. The effects of current and lagged GNP gap terms give differences between actual and high-employment income shares. The effects of current and lagged price terms give inflation-induced changes in income shares. Personal taxes.—The tax base for personal taxes is approximated by adjusted personal income, which is the sum of wages and salaries, proprietors' income with IVA and CCAdj, rent with CCAdj, net interest, the difference between personal interest income and net interest, and dividends. Personal tax receipts increase more than in proportion to increases in this tax base. As described in the November 1980 article (pp. 33-35), the elasticity of personal taxes with respect to the tax base depends on (1) the elasticity of taxes with respect to the number of tax returns and (2) the elasticity of taxes per return with respect to adjusted gross income per return, with each elasticity calculated separately for single and for nonsingle returns. The total cyclical elasticity of personal taxes was expressed as a weighted combination of the four component elasticities. Inflation primarily affects income per return rather than the number of returns, and therefore the inflation elasticity of personal taxes is estimated as a weighted average of the two elasticities—one for single and one for nonsingle returns—of taxes per return with respect to adjusted gross income per return. Weights are based on shares of tax payments. The resulting inflation elasticities, reported in table 8, are higher than the cyclical elasticities. Corporate profits taxes.— The tax base for corporate profits taxes is approximated by (1) modified profits, which is book profits less Federal Reserve profits less rest-of-the-world profits, and (2) Federal Reserve profits. Taxes respond in different ways to inflation-induced changes in these two components. Rest-of-the-world profits are assumed not to be sensitive to domestic inflation. The elasticity of corporate profits taxes with respect to modified profits, as described in the November 1980 article (pp. 35-38), depends on the elasticities of (1) the average tax rate with respect to income subject to tax 31 (1ST), (2) 1ST with respect to modified profits, and (3) tax credits with respect to modified profits. The first of these elasticities measures the effect of the lower rate levied on the first $100,000 of corporate profits. This effect is very small. The second elasticity is sensitive to relative changes in gains and losses (corporate profits is equal to the profits of profit-making corporations minus the losses of other corporations). When the source of change in profits is cyclical variation, sharp variations in losses relative to gains make this elasticity less than 1.0. When the source of change is inflation, however, losses and gains may be expected to rise at roughly the same rate and thereby keep this elasticity at approximately 1.0. The third elasticity, that of tax credits with respect to modified profits is assumed to be 1.0 whether the source of change is cyclical variation or inflation. These component elasticities lead to an inflation elasticity of corporate profits taxes with respect to modified profits of 1.0, higher than the cyclical elasticity of 0.8. For Federal Reserve profits, the supplemental equation is used to make direct estimates of inflation-induced changes in tax receipts. Such estimates can be made because the base and the tax are approximately equal. Indirect business taxes.—The tax base for indirect business taxes is GNP; that is, the response of taxes for each individual taxed commodity (e.g., alcoholic beverages) is converted from an elasticity with respect to changes in sales of the specific commodity to an elasticity with respect to changes in GNP. The responses for major categories of indirect business tax receipts are taken from a study by the Office of Management and Budget of the demand for alcoholic beverages, tobacco, gasoline, and other taxed commodities.7 The inflation elasticity of the windfall profits tax is assumed to be zero. The inflation elasticity for indirect business taxes, shown in table 8, is a weighted average of these individual responses. Contributions for social insurance.—The response to inflation of 7. Darwin G. Johnson, "The Sensitivity of the Budget to Inflation and the Business Cycle," Office of Management and Budget technical staff paper (September 1979), p. 13. 32 SURVEY OF CURRENT BUSINESS payrolls, the tax base for social insurance contributions, is given by the wage and salary share equation. The cyclical elasticity of social insurance contributions with respect to changes in wages and salaries—estimated separately for social security and for unemployment insurance—depends on: (1) the elasticity of contributions with respect to employment and (2) the elasticity of contributions with respect to average wages.8 Inflation is assumed to affect wages but not employment; therefore, the inflation elasticities for contributions are set equal to the average wage elasticities. These are shown in table Expenditures For expenditures, the estimates of inflation-induced changes are limited to categories that change automatically when prices change. For most categories the classification is easy to make; but there are a few borderline cases. Federal pay is one; raises are linked to salaries in the private sector under the Pay Comparability Act of 1970, but they are subject to further adjustment by Congressional or Presidential action. For this article, pay raises are assumed to be automatic responses to inflation. Purchases of goods for which unexpected price increases are often followed by an additional Congressional appropriation, however, are excluded. It is convenient to separate inflation-sensitive expenditures into two categories: (1) directly indexed and (2) nonindexed but automatically sensitive.9 For directly indexed programs (social security, for example), the basic approach to estimating inflation-induced changes is to multiply expenditures by the percent change in an appropriate price index. For each directly indexed program, (3) AEt* = I where: AEt *= the current change in the highemployment expenditure attributable to inflation; 8. de Leeuw, et al., " High-Employment Budget," p. 39. 9. For both categories of expenditures, the inflation adjustments are designed to show the effective date of the dollar adjustment in the NIPA's. April Table 8.—Elasticities of Receipts with Respect to Inflation-Induced Changes in Tax Bases Year Personal taxes 1955 1956 1957 1958 1959 1 66 1 63 1 63 1.65 1 61 1960. . . 1961 1962 1963 1964 161 Corporate profits taxes Indirect business taxes Social security contributions Unemployment insurance contributions 10 10 10 10 058 56 53 50 50 061 59 57 54 60 045 42 39 39 38 10 10 1.59 1 58 1.58 1 64 10 10 10 10 50 48 49 49 50 57 56 54 52 50 37 36 36 35 33 1965 . 1966 1967 1968 1969 1 64 10 1 59 1.55 1 56 10 10 10 10 47 42 42 45 45 49 63 60 65 62 33 33 32 30 30 1970 1971 1972 1973 1974 1 56 1.59 1 61 1.59 1 58 45 44 39 40 40 59 .57 60 .65 72 29 29 34 .32 31 1975 1976 1977 1978 1979 1 66 1.68 1 72 1.70 1 00 1.00 10 37 .40 41 .44 44 80 31 .30 29 .36 34 10 1.0 34 .27 .80 .80 34 .34 1980 1981 160 167 .. E t =the current level of the high-employment expenditure; APt =the percent change in the price series Pt used to index the program (e.g., the CPI for social security). A similar approach is used for some nonindexed inflation-sensitive expenditures—medicaid expenditures, for example, where there is no legislated link to a price index but where expenditures automatically rise when prices of medical goods and services rise. For other nonindexed inflationsensitive expenditures, a more complex approach is necessary. Directly indexed programs.—Prior to 1962, no sizeable Federal program was directly linked to changes in a specific price index. In 1963, legislation provided that military retirement benefits would automatically increase with increases in the CPI. Since that time, the addition of other major Federal programs—notably social security in 1975—has substantially increased the sensitivity of expenditures to inflation. Table 9 shows the effective dates of the initial inflation adjustment of major indexed programs and the price index used. The indexing provisions of social security illustrate the general procedures used. Social security benefits are linked to changes in the CPI for urban wage and clerical workers. Changes in the CPI from the first quarter of the previous year to the 167 1.67 10 10 10 10 10 10 10 10 1.0 100 1.00 first quarter of the current year are used to adjust benefits in July of the current year; that is, the inflation adjustment occurs at the beginning of the third quarter.10 Therefore, the price index is constructed to show a "step" change in the third quarter and no change in other quarters. The timing of inflation adjustments varies among indexed programs, and for each one an appropriate price index is constructed in the same basic way as for social security. Nonindexed inflation-sensitive programs.—Federal expenditures that are not explicitly linked to changes in specific price indexes, but that nevertheless change automatically with changes in prices or wages, include medicare, medicaid, regular unemployment benefits, Federal pay, and net interest. The first two provide payments for medical care, which rise as the cost of that care rises. To estimate the inflation-induced change in medicare and medicaid payments, the medical care component of the CPI is used. Regular unemployment benefits rise as the average wage rate rises. The results of recent studies of wage behavior were used to estimate the inflation-induced portion of changes in average wages as a function of a weighted average of current and past 10. If the CPI increases by less than three percent or declines, no adjustment to benefits is made. SURVEY OF CURRENT BUSINESS April Table 9.—Effective Date of Initial Inflation Adjustment, Directly Indexed Expenditure Programs Date of initial adjustment in NIPA's Program Military benefits. retirement 1963:4 CPI. Civil Service benefits. retirement 1965:4 CPI. Index used Workers' compensation for Federal employees (FECA). 1966:4 CPI; General Schedule of Federal salaries. Coal Miners' disability and survivor benefits (Black lung programs). 1971:1 General Schedule, GS-2 level. Food stamps Child nutrition 1971:3 Thrifty Food Plan Index. 1974:1 CPI for food away from home; Producer Price Index for selected commodities. Old-Age, survivors, and disability insurance (OASDI) benefits. 1975:3 CPI. Railroad benefits. retirement 1975:3 CPI. security 1975:3 CPI. Supplemental income (SSI). Veterans pensions survivor benefits. and 1979:3 CPI. NOTE.—CPI is the Consumer Price Index. changes in the GNP deflator.11 This portion was used to calculate inflation-induced changes in regular unemployment benefits. Federal pay raises are explicitly linked to the salaries of private sector workers in comparable occupations under the Pay Comparability Act of 1970. Under this act, an annual percentage adjustment to achieve Federal worker salary comparability is calculated. This adjustment becomes effective in October of each year unless the President substitutes an alternative or Congress disapproves the recommended adjustment. In this article, the increases that actually occur in Federal pay since the act took effect are attributed to inflation. Inflation affects net interest payments in two ways. First, interest rates tend, after a lag, to reflect changes in inflation rates. Second, inflation affects the debt on which interest must be paid through its impacts on receipts and expenditures. The interest rate effect works in the opposite direction from the debt effect. It is necessary to take account of both effects to make an estimate of 11. See Robert J. Gordon, "Can the Inflation of the 1970's be Explained?" Brookings Papers on Economic Activity, no. 1 (1977), especially pp. 264-272. 371-676 0 - 8 2 - 5 33 w7 = 0.067 W M = 0.046 w0 = 0.058 the impact of inflation on interest w8 = 0.066 w« = 0.041 wi = 0.061 payments. w 9 = 0.064 w w = 0.034 wa = 0.063 To estimate the effect of inflation w10=0.062 w»= 0.027 w3 = 0.065 on interest rates, net interest payWn = 0.059 wis=0.019 w4 = 0.067 ments were divided into two categow19=0.010 w12= 0.056 w5 = 0.067 ries, interest payments on Treasury 2Wi= 1.052 wis = 0.051 bills and interest payments on net 2 debt (total debt held by the public Period of fit: 1968:3-1980:3; R = 0.94; minus direct loans outstanding) ex- D-W -2.40. cluding Treasury bills. An effective where: RL=the effective interest rate on net debt interest rate for each category was excluding Treasury bills (annual rate); calculated. Regression equations were R=the effective interest rate on Treasury then used to estimate the response of bills (annual rate) 13; these interest rates to inflation. The u=the error term. equation for the effective Treasury The sum of the R coefficients, 1.052, bill rate, a relatively short-term rate, implies that a change in the shortterm rate R is eventually followed by a slightly larger change in the long(4) R t =- 0.058 + 0.013(Y/M)t 0.054 A(Y/M)t term rate RL. The lag is very long; (-3.0) (3.0) ~(-1.3) over short periods RL is much smoother than R. The impact of infla- 13.54 (DPt*GNPGAPt) (-2.0) tion on RL takes place through its impact on R and therefore develops slowly. itb (4.4) The impact of inflation on the debt is due to its differential impact on rewo = 1.60 ceipts and expenditures. Because inwi=0.76 w2=0.43 flation tends to increase receipts more w3=0.39 than expenditures, it decreases the w4=0.45 debt (or reduces the increase in the w5=0.39 debt). Estimates of the debt effect are based on simulations of the entire set Period of fit: 1970:1-1981:1; R2 = 0.66; of receipts and expenditure equations D-W - 0.43. described in this article. The allocation of the debt effect between Treaswhere: ury bills and other net debt is based R=the effective interest rate on Treasury on regression estimates of the change bills (annual rate); in bills associated with each dollar of Y/M=GNP divided by the money supply surplus or deficit and of the change in (Ml-B); other net debt associated with each DP = the percent change (quarterly rates) in 12 dollar of surplus or deficit. the GNP deflator ; The effects of a change in the rate GNPGAP=the GNP gap. of inflation on interest payments conBecause R is an effective annual rate tinue to develop over many quarters, and DP is a quarterly rate, the sum of partly because of the long lags in the the coefficients of current and lagged long-term rate equation and partly DP, 4.02, suggests that a one percent- because the debt effects continue to age point rise in the annual inflation grow over time. The calculations rerate causes R to rise by (4.02 -=- 4), or ported here are based on a four-quar1.01 percentage points when the GNP ter time-span; that is, they measure, gap is zero. The DP*GNPGAP vari- for each quarter, the interest rate and able causes the impact of inflation to debt effects during four quarters fall moderately when GNP is below ending with the current quarter. The potential and to rise moderately when reason for choosing a four-quarter GNP is above potential. cutoff is that the impact on changes The equation for the effective rate in interest payments, which is the on net debt excluding Treasury bills, focus of this study, settles down to a a relatively long-term rate, is: stable amount after four quarters of a sustained change in the rate of inflaWiRt-i+0.843ut-i (5) (27.9) tion. 12. The weights for the price-change variable were estimated by the Almon technique, using a thirddegree polynomial constrained to zero at the far end. 13. The weights for the effective interest rate on net debt excluding Treasury bills were estimated by the Almon technique, using a third-degree polynomial constrained to zero at the far end. By NED G. HOWENSTINE Growth of U.S. Multinational Companies, 1966-77 THIS article presents and analyzes data on the growth of U.S. multinational companies (MNC's) from 1966 to 1977. Growth of U.S. MNC's worldwide, and of U.S. parents and foreign affiliates separately, is discussed. U.S. MNC's are U.S. companies that have direct investment abroad. Direct investment abroad exists when one U.S. person (U.S. parent) has a direct or indirect ownership interest of 10 percent or more in a foreign business enterprise (foreign affiliate). A given MNC consists of the U.S. parent and its foreign affiliates. Data are from BEA's 1966 and 1977 benchmark surveys, or censuses, of U.S. direct investment abroad.1 Results of the 1977 survey were published last year. Comparisons of the published 1977 data with those for 1966 are hindered by differences between the two surveys in concepts, coverage, and methodology. To improve comparability, this article presents data that have been adjusted to reconcile the major differences (see the technical note). NOTE.—Richard Mauery did the computer programming for the tables in this article. Ethel J. Wheeler provided statistical assistance. 1. See U.S. Department of Commerce, Bureau of Economic Analysis, U.S. Direct Investment Abroad, 1977 (Washington, D.C.: U.S. GPO, April 1981). Results of the 1966 survey were published in U.S. Department of Commerce, Bureau of Economic Analysis, U.S. Direct Investment Abroad, 1966, Final Data (Washington, D.C.: U.S. GPO, n.d.). Articles on the 1977 benchmark survey have included: International Investment Division, "1977 Benchmark Survey of U.S. Direct Investment Abroad," SURVEY OF CURRENT BUSINESS 61 (April 1981): 29-37, which gave a brief description of the survey and highlights of the data; Betty L. Barker, "A Profile of U.S. Multinational Companies in 1977", SURVEY 61 (October 1981): 38-57, which discussed industry characteristics of MNC's, their size, the location of their operations, the U.S. parents' percentage ownership in their foreign affiliates, and the form of organization of parents and affiliates, and Obie G. Whichard, "Employment and Employee Compensation of U.S. Multinational Companies in 1977," SURVEY 62 (February 1982): 37-49, 60. 34 The two benchmark surveys covered parents and affiliates in all industries. However, in the 1977 benchmark survey, much more detailed data were obtained for nonbank MNC's than for bank MNC's; therefore, the coverage of this article is limited to the former. A nonbank MNC consists of a nonbank U.S. parent that has at least one nonbank foreign affiliate, and its nonbank affiliates. For simplicity, in the text of this article and in all accompanying tables, the terms "U.S. MNC's," "U.S. parents," and "foreign affiliates" refer only to nonbank MNC's, nonbank parents of nonbank foreign affiliates, and nonbank foreign affiliates of nonbank parents, respectively. (See the technical note for further discussion.) Highlights • Total assets of U.S. MNC's grew at an annual rate of 11.1 percent from 1966 to 1977. By 1977, assets had more than tripled—from $624.2 billion to $1,986.6 billion. • By industry of U.S. parent, MNC growth rates were highest in trade (14.9 percent) and petroleum (14.1 percent); they were lowest in mining (1.6 percent). • The growth rate was higher for affiliates than for U.S. parents—13.6 percent compared with 10.5 percent. • Total assets of affiliates grew at about the same rate in developed and developing countries—13.6 and 13.8 percent, respectively. • In developed countries, assets of affiliates in Europe grew significantly faster than those of affiliates in Canada. • By industry of affiliate, growth rates of affiliates' total assets ranged from 18.1 percent in finance (except banking), insurance, and real estate to 9.4 percent in mining. In manufacturing and petroleum, the two largest affiliate industries, growth rates were 12.6 and 13.0 percent, respectively. • Employment of majority-owned foreign affiliates (MOFA's) grew at a rate of 4.2 percent, from 3,591,000 in 1966 to 5,629,000 in 1977. Almost three-fourths of the growth was in manufacturing. • MOFA employment growth rates were generally below those for assets because they were less directly affected by inflation and changes in exchange rates than were asset growth rates. • The pattern of growth based on employment differed from that based on assets, both among industries and among areas. The remainder of the article is divided into two parts. The first part gives an overview of U.S. MNC growth; growth in total assets of U.S. MNC's worldwide, and of U.S. parents and affiliates separately is discussed. The second part describes growth in affiliate assets in more detail, and also covers growth in affiliate employment. Growth of U.S. MNC's Table 1 shows growth in total assets of U.S. MNC's and of U.S. parents and foreign affiliates, by industry of U.S. parent.2 Data for affiliates are 2. Total assets of MNC's worldwide were calculated by aggregating U.S. parents' and affiliates' assets. The total includes duplication because of intercompany positions between a parent and an affiliate or between two affiliates of the same parent; these positions give rise to assets on the books of both the parent and the affiliate, or of the two affiliates involved. Aggregated assets are shown because worldwide consolidated assets, which are assets after the elimination of intercompany positions, were not collected in either of the benchmark surveys. Instead, data were collected for U.S. parents and affiliates separately. Data on the net intercompany account position of U.S. parents in their incorporated affiliates, which accounts for a substantial portion of the duplication, indicate that the growth rate for consolidated MNC assets was probably slightly higher than that for aggregated assets, because the intercompany position was a larger share of aggregated assets in 1966 than in 1977. SURVEY OF CURRENT BUSINESS April for "allied affiliates/' i.e., affiliates in which U.S. parents have a 25-percentor-more ownership interest. Total assets are shown for these, rather than for all affiliates (i.e., all foreign business enterprises owned 10 percent or more by U.S. parents), because, in 1966, total assets data were collected only for these affiliates. In 1977, allied affiliates accounted for 90 percent of the assets of all affiliates. Total assets of U.S. MNC's worldwide grew at an annual rate of 11.1 percent from 1966 to 1977, resulting in a more than threefold increase in MNC assets—from $624.2 billion to $1,986.6 billion.3 The growth was probably largely attributable to MNC's that began foreign operations before 1966 in response to economic opportunities that existed after World War II, particularly as a result of the establishment of the European Communities (EC) in 1958. The number of U.S. MNC's increased only 4 percent—from 3,299 in 1966 to 3,425 in 1977.4 3. Growth rates for a period calculated from initialand terminal-year data may differ from an average calculated from data for each year in the period if the initial- or terminal-year values have been affected by circumstances not typical of the period as a whole. However, because the period covered by the data in this article is relatively long (11 years), the initial- or terminal-year values for total assets of MNC's worldwide would have to differ by about 10 percent from those shown in order to change the MNC growth rate by 1 percentage point. 4. However, growth in the number of MNC's was limited by mergers among existing U.S. parents and by the higher level of consolidation required for reporting parent data in the 1977 survey than in the 1966 survey. 35 The growth in MNC assets partly reflected the effects of inflation, because, as MNC's replaced their assets, the new assets were generally valued at higher prices. For assets that turned over rapidly, such as inventories and trade receivables, virtually all price increases in the underlying goods or services during 1966-77 resulted in increases in asset values. For assets that turned over slowly, such as fixed assets, price increases resulted in increases in values only if the assets were actually replaced during the period. The precise extent to which inflation boosted asset growth rates cannot be quantified, because the necessary data on the prices and composition of MNC assets and the timing of their replacement are unavailable. By industry of U.S. parent Data in table 1 are classified by industry of U.S. parent rather than by industry of the MNC as a whole, because an MNC-wide industry code based on the worldwide consolidated activities of the MNC was not available for either 1966 or 1977. However, evidence indicates that, in a majority of cases, the U.S. parent's industry was probably also the MNC-wide industry.5 Growth rates were highest for MNC's in petroleum (14.1 percent) 5. See Barker, "A Profile," p. 41. and trade (14.9 percent) and lowest for those in mining (1.6 percent). The growth rate in manufacturing, by far the largest industry, was 11.2 percent, about the same as for all industries combined. Differences in growth rates among industries may have resulted partly from changes in the industry classification of U.S. parents from 1966 to 1977. For example, some U.S. parents acquired, merged with, or were acquired by, other U.S. companies during the period. If the industry classification of the resulting consolidated enterprise differed from that of the original enterprise(s), data for the U.S. parent (and the MNC as a whole) may appear in different industries in the two years. Growth rates were particularly affected in mining, where several of the largest U.S. parents that reported in 1966 acquired, or were acquired by, large U.S. manufacturing companies after 1966. As a result, in 1977, the major activity of some of these consolidated enterprises was manufacturing, not mining. In both petroleum and trade, the high growth rates probably reflected the effect of price increases to a greater extent than in other industries. In petroleum, the quadrupling of crude oil prices in 1973 and 1974 caused a sharp rise in the values of MNC inventories and trade receivables. In trade, although prices did not increase as sharply as those in petroleum, the increases that did occur Table 1.—Growth in Total Assets of U.S. MNC's, U.S. Parents, and Allied Foreign Affiliates, 1966-77, by Major Industry of U.S. Parentl Percent Millions of dollars Total assets of— MNC's worldwide, including allied2 affiliates only 1966 All industries Mining Petroleum Manufacturing Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery, except electrical Electric and electronic equipment Transportation equipment . Other manufacturing Trade Finance (except banking), insurance, and real estate Other industries 1977 U.S. parents 1966 Allied affiliates 1966 1977 (1) 624,202 (2) 1,986,623 (3) 514,830 (4) 1,543,240 (5) 109,372 (6) 443,383 8,792 80,238 271,212 19,742 38,854 40,595 30,793 28,890 54,341 57,997 22,225 165,209 76,527 10,464 342,446 867,381 64,781 142,934 112,438 124,911 61,265 178,860 182,191 102,125 419,194 245,014 4,970 51,104 210,889 15,591 28,118 32,864 22,015 22,368 43,360 46,573 18,719 157,771 71,377 7,489 218,756 633,416 48,359 97,410 87,073 82,777 46,749 132,478 138,571 84,260 379,947 219,372 3,822 29,133 60,323 4,151 10,736 7,731 8,778 6,522 10,982 11,423 3,506 7,438 5,149 2,975 123,690 233,965 16,422 45,524 25,365 42,134 14,516 46,383 43,620 17,865 39,247 25,642 MNC = multinational company. 1. Data are from BEA's 1966 and 1977 benchmark surveys of U.S. direct investment abroad. Data for affiliates have been adjusted to improve comparability and, therefore, differ from previously published data. Allied affiliates are affiliates that were owned 25 percent or more by U.S. parents. (See text for discussion.) 2. Column 1 is the sum of columns 3 and 5, and column 2 is the sum of columns 4 and 6. The 1977 Compound annual rate of growth MNC's (7) Portion of total MNC assets accounted for by allied affiliates U.S. parents Allied affiliates 1966 (8) (9) (10) 1977 11.1 10.5 13.6 18 1.6 14.1 11.1 11.4 12.6 9.7 13.6 7.1 11.4 11.0 14.9 8.8 11.2 3.8 14.1 10.5 10.8 12.0 9.3 12.8 6.9 10.7 10.4 14.7 8.3 10.7 -2.3 14.1 13.1 13.3 14.0 11.4 15.3 7.5 14.0 13.0 16.0 16.3 15.7 43 36 22 21 28 19 29 23 20 20 16 5 7 (11) 22 28 36 27 25 32 23 34 24 26 24 17 9 10 sums contain duplication of assets that reflect intercompany positions between a parent and its affiliate or between 2 affiliates of the same parent. See text for further discussion. Also note that, to be consistent with the 1966 data in column 1, the 1977 data in column 2 include data for all U.S. parents, but only for allied foreign affiliates. Therefore, this column does not agree with total MNC assets as shown in Barker, "A Profile," table 1, page 40. 36 SURVEY OF CURRENT BUSINESS tended to have a proportionately greater effect on asset growth rates in this industry than in others because inventories and trade receivables constituted a larger portion of the total assets of trade MNC's. Within manufacturing, growth rates were highest in nonelectrical machinery and chemicals—13.6 and 12.6 percent, respectively. In nonelectrical machinery, growth was particularly strong in office machine and computer manufacturing. During the period, significant technological innovations lowered prices of data processing equipment and expanded product offerings. Also, growth in the demand for computers may have led more directly to increases in assets of computer manufacturers than for other manufacturers. Computers were often rented or leased, rather than sold, to customers; when this was the case, the value of the rented or leased corn- Table 2.—Growth in the Total Assets of Allied Foreign Affiliates, 1966-77, Major Industry by Area of Affiliate l Percent Millions of dollars Distribution Total assets of allied affiliates 1966 1977 Change 1966 1977 Change Compound annual rate of growth All countries Developed countries Canada Europe . Other Developing countries Latin America Other International 2 109,372 78,753 29,192 40,175 9,386 26,313 18,126 8,187 4,307 443,383 320,176 83,132 188,415 48,630 108,705 71,312 37,393 14,502 334,011 241,423 53,939 148,240 39,244 82,392 53,185 29,206 100 72 27 37 9 24 17 7 4 100 72 19 42 11 25 16 8 3 100 72 16 44 12 25 16 9 13.6 13.6 10.0 15.1 16.1 13.8 13.3 14.8 Mining Developed countries Canada Europe Other Developing countries Latin America Other International 5,433 3,018 2,109 40 869 2,415 1,682 732 0 14,611 9,900 5,282 215 4,403 4,711 3,193 1,518 0 9,178 6,882 3,174 175 3,533 2,296 1,511 786 0 100 56 39 1 16 44 31 13 0 100 68 36 1 30 32 22 10 0 100 75 35 2 39 25 16 9 0 9.4 11.4 8.7 16.5 16.0 6.3 6.0 6.9 0 Petroleum Developed countries Canada Europe Other. Developing countries Latin America Other International 27,718 16,688 5,111 8,866 2,710 8,390 3,883 4,508 2,640 105,889 68,483 17,172 37,609 13,702 27,332 7,951 19,381 10,075 78,171 51,795 12,061 28,742 10,992 18,941 4,068 14,873 7,435 100 60 18 32 10 30 14 16 10 100 65 16 36 13 26 8 18 10 100 66 15 37 14 24 5 19 10 13.0 13.7 11.7 14.1 15.9 11.3 6.7 14.2 13.0 Manufacturing Developed countries Canada Europe Other Developing countries Latin America Other . International 47,805 39,076 11,973 22,581 4,522 8,729 7,108 1,621 0 176,843 141,339 30,400 90,891 20,047 35,505 27,492 8,013 0 129,038 102,263 18,427 68,310 15,525 26,775 20,384 6,392 0 100 82 25 47 9 18 15 3 0 100 80 17 51 11 20 16 5 0 100 79 14 53 12 21 16 5 0 12.6 12.4 8.8 13.5 14.5 13.6 13.1 15.6 0 9,094 6,788 1,634 4,600 555 1,912 1,528 384 394 46,093 38,254 6,250 26,471 5,533 7,840 5,068 2,771 0 36,999 31,446 4,617 21,871 4,978 5,928 3,540 2,387 100 75 18 51 6 21 17 4 4 100 83 14 57 12 17 11 6 100 85 13 59 13 16 10 6 15.9 17.0 13.0 17.2 23.3 13.7 11.5 19.7 11,253 9,117 6,375 2,321 421 2,040 1,868 172 95 69,954 43,832 18,349 21,670 3,813 26,121 24,325 1,796 0 58,701 34,715 11,974 19,350 3,392 24,081 22,458 1,624 100 81 57 21 4 18 17 2 1 100 63 26 31 5 37 35 3 100 59 20 33 6 41 38 3 18.1 15.4 10.1 22.5 22.2 26.1 26.3 23.8 8,069 4,065 1,991 1,767 307 2,827 2,058 769 1,178 29,992 18,369 5,678 11,559 1,132 7,197 3,282 3,915 4,427 21,923 14,304 3,687 9,792 825 4,370 1,224 3,146 100 50 25 22 4 35 26 10 15 100 61 19 39 4 24 11 13 15 100 65 17 45 4 20 6 14 12.7 14.7 10.0 18.6 12.6 8.9 4.3 15.9 Trade Developed countries Canada Europe Other Developing countries Latin America Other . . . International 2 Finance (except banking), insurance, and real estate .... Developed countries Canada Europe Other ... Developing countries Latin America Other International 2 Other industries Developed countries . Canada Europe . . . Other Developing countries Latin America Other International 2 . . . . . . 1. Data are from BEA's 1966 and 1977 benchmark surveys of U.S. direct investment abroad. Data in this table have been adjusted to improve comparability and, therefore, differ from previously published data. Allied affiliates are affiliates 25 percent or mon lore owned by U.S. parents. (See text for discussion.) 2. Growth rates and amounts of change are not shown because the 1977 definition of "international" differed from that for 1966. (See text for discussion.) April puters was often included in the assets of the manufacturer, rather than of the user. In chemicals, growth rates were particularly high in three subindustries—drugs; soaps, cleaners, and toilet goods; and agricultural chemicals. Growth in drug manufacturing, as in office machines and computers, probably reflected technological innovations. Growth in each of the other two chemical industries was from a relatively small 1966 base. Affiliate and parent growth compared The growth rate for affiliates was higher than that for U.S. parents— 13.6 percent compared with 10.5 percent. As a result, affiliates' share of total MNC assets increased from 18 percent in 1966 to 22 percent in 1977. However, because the U.S. parent growth rate was calculated from a much larger 1966 base than that for affiliates ($514.8 billion compared with $109.4 billion), the absolute increase in parent companies' assets was much larger than that for affiliates ($1,028.4 billion compared with $334.0 billion). Growth rates for affiliates were higher than for U.S. parents in every industry shown in table 1 except mining and petroleum. Several factors contributed to the generally faster affiliate growth. First, during 1966-77, many foreign economies grew faster than the U.S. economy. For example, in the EC(9), where growth in affiliate assets was particularly strong, real gross national product (GNP) in eight member countries grew more rapidly than in the United States.6 In addition, affiliate growth in the EC(9) may have been encouraged by the group's elimination of internal tariffs, which tended to increase the attractiveness of producing in, rather than exporting to, members. Second, the U.S. dollars substantial overvaluation before 1971 relative to most major foreign currencies increased the attractiveness of producing in, rather than exporting to, foreign countries and probably stimulated the growth of U.S. direct investment abroad. After 1971, this stimu- 6. The EC(6) was formed in 1958; it consisted of Belgium, France, Germany, Italy, Luxembourg, and the Netherlands. In 1973, Denmark, Ireland, and the United Kingdom joined the Communities, and it became known as the EC(9). SURVEY OF CURRENT BUSINESS April Fourth, affiliate growth rates may have been higher because inflation rates in many foreign countries were higher than in the United States. As noted above, inflation tends to boost the growth of assets, particularly of trade receivables and inventories. Special factors probably affected the relative growth of parents and affiliates in mining and petroleum—the two industries in which affiliate assets did not grow faster than parent assets. In mining, where affiliate assets declined but parent assets increased, the previously mentioned change in industry classification of several U.S. parents from mining to manufacturing had a larger negative impact on affiliate growth than on parent growth because the parents involved had proportionately larger foreign operations than other mining parents. The decline in affiliate assets also reflected nationalizations of affiliates in some countries and the adoption of policies by some host gov- lus tended gradually to diminish, as the U.S. dollar depreciated and exchange rates became increasingly flexible. Third, and probably more important, was the effect that changes in exchange rates had on the translation of affiliates' assets from foreign currencies into U.S. dollars. Because of the depreciation of the U.S. dollar after 1971, the value of the dollar in terms of most major foreign currencies was much lower in 1977 than in 1966. When affiliates' assets were translated into dollars, the dollar value of the assets would have been higher in 1977 than in 1966, even if their foreign currency value were unchanged.7 7. This translation effect would have been weakened to the extent that assets of affiliates were not translated into dollars at the current rate. U.S. generally accepted accounting principles (which U.S. MNC's were instructed to follow when reporting to BEA) required that certain assets, such as fixed assets, be valued at historical costs and translated into dollars at the exchange rate in effect when the assets were acquired, rather than at the current rate. 37 ernments that discouraged foreign participation in natural resource development. In petroleum, where growth rates for affiliates and parents were the same, the special factors affecting growth tended to be offseting. One factor that dampened affiliate growth relative to that of parents was that some foreign crude-oil-producing affiliates transferred trade receivables to their U.S. parents for collection. As a result, increases in crude oil prices were reflected as increases in the U.S. parents', rather than in the affiliates', assets. Also, as in mining, nationalizations and policies aimed at shifting control of crude-oil-producing affiliates to local investors slowed affiliate growth. On the other hand, U.S. policies that kept increases in prices of crude oil produced and sold within the United States below those in most foreign countries tended to dampen U.S. parent growth relative to that of affiliates. Table 3.—Growth in Total Assets of Allied Foreign Affiliates and in Total Assets and Employment of Majority-owned Foreign Affiliates, 1966-77, by Major Industry and Country of Affiliate l Millions of dollars Number of employees Total Assets Employment of majority-owned affiliates Majority-owned affiliates Allied affiliates Total Percent 1966 1977 Change 1966 109,372 443,383 334,011 91,992 Majorityowned affiliates Employment of majorityowned affiliates 100 100 Total assets 1977 Change 1966 360,441 268,449 3,591,011 1977 Change 5,628,714 2,037,703 Compound annual rate of growth Distribution of change Allied affiliates 100 Majorityowned affiliates Employment of majorityowned affiliates 13.2 4.2 Total assets Allied affiliates 13.6 By industry 5,433 14,611 9,178 4,660 8,967 4,307 146,873 80,965 -65,908 3 2 -3 9.4 6.1 Petroleum 27,718 105,899 78,172 24,377 86,227 61,850 313,637 293,856 -19,781 23 23 _1 13.0 12.2 -.6 Manufacturing Food and kindred products.... Chemicals and allied products . . . ... Primary and fabricated metals Machinery, except electrical . Electric and electronic equipment Transportation equipment Other manufacturing 47,805 3,958 176,843 13,788 129,038 9,830 37,227 3,379 140,604 12,029 103,337 8,650 2,425,616 242,551 3,909,773 383,837 1,484,157 141,286 39 3 39 3 73 7 12.6 12.0 12.9 12.2 4.4 4.3 9,229 37,359 28,060 6,708 27,160 20,452 311,999 485,500 173,501 8 8 9 13.5 13.6 4.1 3,870 6,662 17,455 27,312 13,585 20,650 2,288 5,860 10,345 24,092 8,065 18,232 144,728 367,905 242,531 535,985 97,803 168,080 4 6 3 8 5 8 14.7 13.7 14.7 13.7 4.8 3.5 4,721 8,885 10,410 16,697 27,636 36,596 11,976 18,751 26,186 3,820 7,495 7,677 14,130 23,962 28,878 10,310 16,467 21,201 391,710 458,561 508,162 659,049 744,937 857,934 267,339 286,376 349,772 4 6 8 4 6 8 13 14 17 12.2 10.9 12.1 12.6 11.2 12.8 4.8 4.5 4.9 9,094 46,093 37,000 8,121 40,057 31,937 288,174 687,860 399,686 11 12 20 15.9 15.6 8.2 11,253 69,954 58,701 10,636 61,775 51,139 37,519 67,618 30,049 18 19 1 18.1 17.4 5.5 8,069 29,992 21,923 6,971 22,811 15,839 379,192 588,642 209,450 7 6 10 12.7 11.4 4.1 78,753 29,192 40,175 9,386 26,313 18,126 8,187 4,307 320,176 83,132 188,415 48,630 108,705 71,312 37,393 14,502 241,423 53,939 148,240 39,244 82,392 53,185 29,206 65,216 26,649 32,771 5,796 22,698 15,647 7,051 4,077 261,354 75,495 161,085 24,775 85,959 56,513 29,446 13,127 196,138 48,846 128,314 18,979 63,261 40,866 22,395 2,534,955 733,072 1,549,740 252,143 1,031,646 712,442 319,204 24,410 3,939,320 940,080 2,611,306 387,934 1,652,629 1,059,449 593,180 36,765 1,404,365 207,008 1,061,566 135,791 620,983 347,007 273,976 72 16 44 12 25 16 9 73 18 48 7 24 15 8 69 10 52 7 31 17 13 13.6 10.0 15.1 16.1 13.8 13.3 14.8 13.5 9.9 15.6 14.1 12.9 12.4 13.9 4.1 2.3 4.9 4.0 4.4 3.7 5.8 Mining Trade Finance (except banking), insurance, and real estate Other industries By country Developed countries Canada Europe Other Developing countries Latin America Other International 2 1. Data are from BEA's 1966 and 1977 benchmark surveys of U.S. direct investment abroad. Data in this table have been adjusted to improve comparability and, therefore, differ from previously published data. Allied affiliates are affiliates owned 25 percent or more by U.S. parents. Majority-owned affiliates are affiliates owned more than 50 percent by all U.S. parents combined. -5.3 (See text for discussion.) 2. Growth rates and amounts of change are now shown because the 1977 definition of "international" differs from that for 1966. (See text for discussion.) 38 SURVEY OF CURRENT BUSINESS Total assets Affiliate Growth by Industry and Area of Affiliate By industry of affiliate, annual This section discusses affiliate growth rates of affiliates' total assets growth, based on both total assets and ranged from 18.1 percent in finance employment. The primary focus is on (except banking), insurance, and real growth among the major industries estate and 15.9 percent in trade to 9.4 and areas shown in tables 2, 3, and 4; percent in mining (table 2). In manuadditional detail is presented in tables facturing and petroleum, the two largest affiliate industries, growth 5-7. Table 4.—Growth in the Employment of Majority-Owned Foreign Affiliates 1966-77, Major Industry by Area of Affiliate l Percent Number of employees Distribution Employment of majority-owned affiliates All industries Developed countries Canada Europe Other Developing countries Latin America Other International 3 . Mining Developed countries Canada Europe Other Developing countries . . . Latin America Other International 3 Petroleum Developed countries Canada Europe Other Developing countries Latin America .. Other International Manufacturing Developed countries Canada Europe Other . . . . Developing countries Latin America Other International 3 . ... .... . . . Trade Developed countries Canada Europe Other Developing countries Latin America Other International 3 Finance (except banking) insurance, and real estate Developed countries Canada Europe. Other Developing countries Latin America Other International 3 Other industries. Developed countries Canada Europe. Other Developing countries. Latin America Other International 3. 1966 1977 Change 1966 1977 3,591,011 2,534,955 733,072 1,549,740 252,143 1,031,646 712,442 319,204 24,410 5,628,714 3,939,320 940,080 2,611,306 387,934 1,652,629 1,059,449 593,180 36,765 2,037,703 1,404,365 207,008 1,061,566 135,791 620,983 347,007 273,976 100 71 20 43 7 29 20 9 1 100 70 17 46 7 29 19 11 1 146,873 40,052 21,383 4,103 14,566 106,821 70,844 35,977 0 80,965 45,424 27,079 784 17,561 35,541 23,147 12,394 0 -65,908 5,372 5,696 -3,319 2,995 -71,280 -47,697 -23,583 0 100 27 15 3 10 73 48 24 0 100 56 33 1 22 44 29 15 0 2 313,637 166,934 38,122 110,539 18,273 132,109 57,013 75,096 14,594 293,856 161,466 49,761 93,050 18,655 108,209 33,013 75,196 24,181 -19,781 -5,468 11,639 -17,489 382 -23,900 -24,000 100 9,587 100 53 12 35 6 42 18 24 5 2,425,616 1,933,225 520,435 1,238,975 173,815 492,391 391,933 100,458 0 3,909,773 2,807,126 574,541 1,983,643 248,942 1,102,647 773,148 329,499 0 1,484,157 873,901 54,106 744,668 75,127 610,256 381,215 229,041 0 288,174 201,019 63,464 113,613 23,942 85,413 57,584 27,829 1,742 687,860 572,730 142,091 363,207 67,432 115,130 79,218 35,912 0 37,519 32,793 26,545 4,615 1,633 4,488 2,909 1,579 238 379,192 160,932 63,123 77,895 19,914 210,424 132,159 78,265 7,836 Change Compound annual rate of growth 100 69 10 52 7 30 17 13 4.2 4.1 2.3 4.9 4.0 4.4 3.7 5.8 100 -8 -9 5 -5 108 72 36 0 -5.3 1.2 2.2 -14.0 1.7 -9.5 -9.7 -9.2 0 100 55 17 32 6 37 11 26 8 MOO 28 -59 88 -2 121 121 1 -48 -.6 -.3 2.5 -1.6 .2 -1.8 -4.9 (*) 4.7 100 80 21 51 7 20 16 4 0 100 72 15 51 6 28 20 8 0 100 59 4 50 5 41 26 15 0 4.4 3.5 .9 4.4 3.3 7.6 6.4 11.4 0 399,686 371,711 78,627 249,594 43,490 29,717 21,634 8,083 100 70 22 39 8 30 20 10 1 100 83 21 53 10 17 12 5 0 100 93 20 62 11 7 5 2 8.2 10.0 7.6 11.2 9.9 2.8 2.9 2.3 67,618 57,654 31,808 18,704 7,142 9,964 6,778 3,186 0 30,099 24,861 5,263 14,089 5,509 5,476 3,869 1,607 100 87 71 12 4 12 8 4 1 100 85 47 28 11 15 10 5 0 100 83 17 47 18 18 13 5 5.5 5.3 1.7 13.6 14.4 7.5 8.0 6.6 588,642 294,920 114,800 151,918 28,202 281,138 144,145 136,993 12,584 209,450 133,988 51,677 74,023 8,288 70,714 11,986 58,728 100 42 17 21 5 55 35 21 2 100 50 20 26 5 48 24 23 2 100 64 25 35 4 34 6 28 4.1 5.7 5.6 6.3 3.2 2.7 .8 5.2 "Less than 0.5% (±). 1. Data are from BEA's 1966 and 1977 benchmark surveys of U.S. direct investment abroad. Data in this table have been adjusted to improve comparability and, therefore, differ from previously published data. Majority-owned affiliates are affiliates owned more than 50 percent by all U.S. parents combined. (See text for discussion.) 2. This refers to a negative change; thus, for individual areas, growth results in a negative share of the change and a decline results in a positive share. 3. Growth rates and amount of change are not shown because the 1977 definition of "international" differed from that for 1966. (See text for discussion.) April rates were 12.6 and 13.0 percent, respectively. For these major industries, the pattern of growth in affiliate assets, when classified by industry of affiliate, was similar to that when classified by industry of parent. Under both classification systems, the two fastest growing industries were the same and growth rates in manufacturing and petroleum were nearly the same.8 The largest difference was for affiliates in mining, where the growth rate was a positive 9.4 percent by industry of affiliate and a negative 2.3 percent by industry of parent. The negative rate reflected the reclassification of a number of U.S. parents noted earlier. For all industries combined, assets of affiliates grew at about the same rates in developed and developing countries—13.6 and 13.8 percent, respectively.9 Within the developed and developing countries, the most significant difference in growth rates was between Europe and Canada, the two areas that accounted for the largest shares of affiliate assets. The affiliate growth rate in Europe was much higher than that in Canada—15.1 compared with 10.0 percent per year. 8. The pattern of growth among subindustries within manufacturing will not be discussed in this section. The pattern within manufacturing differed significantly under the two classification systems. For example, assets of affiliates classified in metal manufacturing grew faster than those of affiliates in any other manufacturing industry, while assets of affiliates whose parents were in metals grew slower than those of affiliates whose parents were classified in all except one other manufacturing industry. There were also substantial differences for electrical machinery and transportation equipment manufacturing. 9. Growth rates in "international" for all industries combined are not shown in table 2 because the definition of the "international" category differed in the 1966 and 1977 benchmark surveys. In the 1977 survey, "international" consisted of affiliates that had operations spanning more than one country and that were engaged in petroleum shipping, other water transportation, petroleum trading, and affiliates operating oil and gas drilling equipment that was moved from country to country during the year. (Affiliates in these industries that have operations entirely in one country are classified entirely in that country.) In 1966, "international" was defined more broadly; it included, in addition, affiliates in finance, in nonpetroleum trading, insurance, and construction that were engaged in activities in more than one country. It was not possible to adjust the data for these differences. As a result, in the tables, some data for affiliates in trade and in finance (except banking), insurance, and real estate are shown in "international" in 1966, but not 1977. Although some data for affiliates in "other" industries are shown in "international" in both years, they are not comparable because of the above-mentioned definitional differences. Only in petroleum are the data comparable and a growth rate given. SURVEY OF CURRENT BUSINESS April 39 Table 5.—Total Assets of Allied Foreign Affiliates, 1966 and 1977, Country by Industry of Affiliate1 [Millions of dollars] 1977 1966 All industries Mining Petroleum Manufacturing 2 Finance (except banking), insurance, and real estate Trade Other industries All industries Mining Petroleum Manufacturing 2 Finance (except banking), insurance, and real estate Trade Other industries 109,372 5,433 27,718 47,805 9,094 11,253 8,069 443,383 14,611 105,889 176,843 46,093 69,954 29992 78,753 3,018 16,688 39,076 6,788 9,117 4,065 320,176 9,900 68,483 141,339 38,254 43,832 18,369 Canada 29192 2 109 5111 11,973 1634 6,375 1991 83 132 5,282 17 172 30400 6250 18349 5678 Europe European Communities (9) Belgium Denmark France Germany Ireland Italy Luxembourg Netherlands United Kingdom Other Europe Austria Greece Norway Portugal . Spain Sweden Switzerland Turkey Other 40,175 33,340 1930 447 4,965 7,012 166 3,273 453 2303 12790 6,835 220 334 408 125 1 349 801 2969 292 338 40 6 0 1 (*) (*) (*) 2 0 (*) 2 34 (*) 4 (D) 0 (*) 0 8,866 7,652 300 22,581 20,078 1,293 72 3,046 4,005 102 2,019 104 978 8459 2,503 76 130 215 63 1023 295 537 107 56 4,600 2,964 245 (D) 630 473 5 210 (D) 226 1097 1,636 45 11 37 16 116 116 1,196 14 85 2,321 1,450 1,767 1,190 (D) 215 88 37,609 30580 1 497 o o o 26,471 16485 2044 520 3,018 2894 103 1,538 75 1670 4623 9985 551 116 398 104 977 786 6555 41 458 11,559 9618 202 3,257 122 932 879 740 (D) 154 90,891 78932 6360 393 12,932 19916 1417 6,837 544 6 118 24 415 11 960 529 383 582 280 6867 1,562 1426 147 183 21,670 16500 1324 108 (*) 67 620 577 (») 78 ( DD) ( ) 83 (D) 314 5 (D) 188,415 152,202 11 904 1894 20,577 33636 2084 11,514 1,267 18257 51 069 36,212 2284 759 4,436 545 9561 3,518 13488 517 1,104 10472 11 024 3230 2,040 All countries Developed countries Japan . .... . Australia, New Zealand, and South Africa Australia New Zealand South Africa Developing countries Latin America South America. . . . Argentina Brazil Chile Colombia ... Ecuador Peru . Venezuela Other Central America Mexico Panama Other . Other Western Hemisphere Bahamas Bermuda Netherlands Antilles Trinidad and Tobago Other Other Africa Saharan Egypt Libya Other Sub-Saharan Liberia Nigeria Other . .. ... 4 ( ) (D) 919 (D) 964 2131 1,215 (D) 109 125 (D) 114 329 175 161 98 (D) 5 0 0 o 5 127 o 4 ( ) D o 92 0 (D) 1 555 1 501 207 76 47 25916 348 185 65 97 345 291 (D) 260 (D) (D) 61 22714 17215 973 4526 4403 (D) (D) 3021 2,302 112 607 26,313 2,415 8,390 8,729 1,912 2,040 2,827 108,705 18,126 11 812 1,896 1 998 1,525 1047 85 1 177 3,550 534 4,496 2,767 1078 651 1818 485 240 200 293 600 1,682 1361 (D) 75 (DD ) ( ) (*) 473 (D) 223 203 196 3,883 3079 217 172 (D) 304 6 155 2,098 1,528 758 92 186 42 63 10 111 216 38 599 256 312 31 171 44 1,868 1001 55 107 2,058 1028 (D) (D) (D) (D) 7,108 4585 1,415 1374 169 456 41 304 754 72 2,232 2005 39 188 291 89 5 (D) (D) (D) 117 121 (°) 21 (D) (*) 0 2 652 1,531 999 74 793 132 532 19 243 270 335 32 (D) 3 (D) 303 3 23 277 75 15 3 5 7 60 5 7 48 1 1899 1,541 374 1 167 (D) 19 1 8 6 2 10 31 23 2 1 1 6 214 1 1 102 42 45 44 1 15 1 184 36 501 290 82 18 1 13 116 18 1 1 17 23 84 19 (D) 2 (*) 24 1 (*) (*) 1 (D) (D) o 7 118 0 o 1 o o (*) (D) (D) (D) (D) 304 49 102 153 500 42 (D) (D) (D) 1 (D) (*) (D) 62 129 23 353 15 80 55 73 48 International3 4307 o 2640 0 394 Addendum— OPEC 4 6792 221 4983 869 250 o o 0 0 o o (D) (*) 0 o 0 o (D) 1 078 72 217 200 72 234 (D) (D) o *Less than $500,000. Suppressed to avoid disclosure of data of individual companies. 1. Data are from BEA's 1966 and 1977 benchmark surveys of U.S. direct investment abroad. Data in this table have been adjusted to improve comparability and, therefore, differ from previously published data. Allied affiliates are affiliates 25 percent or more owned by U.S. parents. (See text for discussion.) 2. Comparable data for 1966 and 1977 on total assets of allied affiliates by country crossclassi- (D) o (D) 1 155 834 3061 263 762 212 130 906 61 (D) 106 165 (D) D 338 (D) 15 341 68 481 871 (*) 2 1 1 13 (D) 747 (*) (D) (D) o Other Asia and Pacific Hong Kong India . Indonesia Malaysia Philippines Singapore South Korea Taiwan Thailand Other . (D) 167 145 869 (D) (*) (D) 2266 126 1 646 449 1 196 494 . . (D) 5999 4,486 296 1,216 Middle East Israel OPEC Iran Other Other . . (D) 151 3387 2,860 1076 91 809 177 1783 221 290 1,272 . o D (D) 970 2,052 1 21 135 63 519 140 374 5 348 199 60 (D) 3 (D) 57 (D) 1 (*) (D) (D) (D) 84 93 28 113 (D) (D) 640 121 252 267 390 111 29 2 (D) (D) (°) (D) (°) (°) (*) 7 (DD ) ( ) 80 14 (D) (D) (D) (D) 50 23 27 (D) (D) (D) 6891 355 2,327 34 4319 11 837 7,029 (D) (D) 1050 2022 (D) 311 613 2915 7960 5171 (D) 36 (D) (D) (D) (D) (D) (D) (D) 500 2 3235 2229 1 941 116 16 128 (D) 236 141 3855 457 149 912 200 109 3 125 920 376 2408 1,688 201 519 2893 2,491 95 306 756 o (D) (D) (D) 516 (D) 9023 6,511 397 2,115 4,711 27,332 35,505 7,840 26,121 7,197 71312 29516 2885 16665 397 1 716 431 1 697 4955 771 13731 8721 3462 1 548 28065 1870 17213 5,445 1450 2087 3 193 2244 (D) 1 190 7,951 2621 347 865 97 338 186 371 228 188 807 107 483 218 4522 27,492 19082 2,097 12047 157 1 019 174 264 2,981 344 7,680 6816 164 700 730 61 4 14 184 467 5,068 2516 286 843 52 192 47 24,325 1 670 32 1 255 4 87 6 4 251 32 2,284 307 1 889 87 20372 451 14922 4,708 3282 1382 8,599 2725 1,092 1097 536 5874 910 1 761 3203 1,269 (D) (D) 13401 1 062 11,552 3094 8458 788 25 o 8956 25 8,292 1 623 6669 (D) (D) (D) o (D) ( ) 18 356 306 4 46 593 (D) Do ( o) 572 o 0 o 0 1 269 (D) o (D) (D) 0 (D) 1 684 583 1 151 (D) 4,494 2298 962 1077 258 2 196 (D) 1 134 (D) 5931 569 107 2325 437 (D) 577 945 45 241 (D) 931 (D) 1,666 849 629 188 886 224 412 34 19 198 (D) (D) (D) (D) (D) 466 (D) (D) 18 24 564 (D) 937 335 293 309 962 (D) 192 (D) (D) (D) 381 686 3 1 0 2 683 549 784 205 102 3 100 579 136 (D) (D) 951 136 ( DD ) ( ) 111 815 3 186 626 415 84 (D) (D) (D) (D) 1 060 519 514 470 44 27 643 81 508 422 86 54 587 2 130 (D) (D) 1713 836 17 28 93 182 250 72 94 111 30 523 312 (D) 11 9 80 38 28 8 5 (D) 65 332 (D) 110 (D) 18 (D) 44 (D) (D) (D) (°) 224 0 (D) 15393 2,497 1306 3024 869 1,887 1,544 2,293 883 657 434 (D) (D) 6002 462 1 091 356 280 871 569 1,215 731 240 187 95 1 178 14 502 o 10075 o o o 4 427 141 329 23330 373 13450 4237 1 655 589 3 026 54 (D) 9 (D) 178 (D) 1 (D) 12 o (D) (D) (*) 0 o 0 13 (D) 1 001 318 (D) (D) (D) (D) 110 33 6 46 77 fied by major manufacturing subindustry are available on request. Write Ned G. Howenstine, Bureau of Economic Analysis (BE-50), U.S. Department of Commerce, Washington, D.C. 20230. 3. Except for petroleum, data for 1966 and 1977 for "international" are not comparable because the 1977 definition of "international" differed from that for 1966. (See text for discussion.) 4. OPEC consists of Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Quatar, Saudi Arabia, Venezuela, and the United Arab Emirates. 40 As a result, the share of total assets of all affiliates accounted for by European affiliates increased from 37 percent to 42 percent, and the share accounted for by Canadian affiliates decreased from 27 percent to 19 percent. Affiliate assets grew more slowly in Canada than in Europe, even though growth in real GNP in Canada was at least as rapid as in each of the major European countries. The slower asset growth occurred partly because some of the factors that had stimulated affiliate growth in Europe were absent in Canada. For example, unlike the major European countries, Canada was not involved in any institutional changes comparable to the formation and subsequent enlargement of the EC. Also, changes in U.S.-Canadian exchange rates during the period did not follow the pattern for most U.S.European exchange rates. The U.S. dollar probably was not overvalued relative to the Canadian dollar before 1971 and, in contrast to its depreciation against many major European currencies, the U.S. dollar appreciated relative to the Canadian dollar after 1971. Slower growth for Canadian affiliates also may have reflected heightened Canadian interest during the period in increasing domestic ownership and control of business activity. The Foreign Investment Review Agency was established in 1974 to screen takeovers by foreign firms already operating in Canada and all new investment by foreign firms with no existing Canadian operations. In addition, tax and other regulatory measures, including export controls, probably discouraged growth. Within Europe, affiliates in the United Kingdom, Germany, the Netherlands, France, and Switzerland accounted for the largest shares of the asset growth. Among these countries, growth rates were highest for affiliates in the Netherlands (20.7 percent) and Germany (15.3 percent). In "other" developed countries— which consists of Australia, New Zealand, South Africa, and Japan—affiliate assets grew at a 16.1-percent rate. Growth was particularly rapid in Japan (20.3 percent), where domestic markets grew rapidly and foreign investment controls were gradually relaxed. SURVEY OF CURRENT BUSINESS Among developing countries, the growth rate of affiliate assets was 13.3 percent in Latin America and 14.8 percent in "other" developing countries. In Latin America, affiliate in Bermuda, Brazil, Mexico, and the Netherlands Antilles accounted for particularly large shares of the growth. In Bermuda and the Netherlands Antilles, the growth was almost entirely attributable to finance affiliates of U.S. petroleum and manufacturing MNC's, which assumed certain financing functions for the worldwide MNC operations during the period. (The activities of these affiliates are discussed in more detail below.) In "other" developing countries, the largest increases in affiliate assets were in Saudi Arabia, Indonesia, Iran, and South Korea. Among these countries, the growth rate was particularly high in South Korea. For individual industries, the pattern of growth among areas often differed significantly from that for all industries combined. For example, although the growth rates for all-industries combined were about the same in developed and developing countries, petroleum affiliates grew significantly faster in developed countries than in developing countries. Manufacturing affiliates, on the other hand, grew faster in developing countries. In addition, affiliate growth rates often varied significantly among areas within individual industries. Patterns of growth among areas for each of the major industries, and some of the factors that may have influenced those patterns, are discussed below. Mining—Assets of affiliates in mining grew at an 11.4-percent rate in developed countries and a 6.3-percent rate in developing countries (table 3). In developed countries, virtually all the growth was in Canada and "other" developed countries, mainly Australia. Growth rates were significantly higher in Australia than in Canada—16.9 percent compared with 8.7 percent—even though Australia, like Canada, instituted policies in the early 1970's that slowed the growth in foreign investment. Policies in Australia may have been less restrictive than those in Canada, particularly in mining, where controls imposed ini- April tially were later relaxed in the interest of timely mineral resource development. Also, growth for Australian affiliates was from a smaller 1966 base and it was more concentrated in the mining of bauxite, which was subject to particularly sharp price increases during 1966-77. In developing countries, growth was largely in Latin America, where affiliate assets grew at a 6.0-percent rate. The growth rate was particularly high in Brazil, at 28.7 percent. Partly offsetting were declines in assets in Chile, Venezuela, and Surinam. The decline in Chile resulted from nationalizations of affiliates, and those in Venezuela and Surinam reflected a change in BEA's industry classification rules; as a result of the change, some affiliates that were in mining in 1966 were classified in primary metals manufacturing in 1977.10 Petroleum—Assets of petroleum affiliates grew at a 13.7-percent rate in developed countries and an 11.3-percent rate in developing countries. In developed countries, growth was rapid in both Europe (14.1 percent) and "other" developed countries (15.9 percent). In Europe, affiliates in the United Kingdom, Germany, the Netherlands, and Norway accounted for particularly large shares of the growth. Among these countries, growth rates were highest in Norway (34.6 percent) and the United Kingdom (16.9 percent), where affiliates were engaged in exploration and development activities in the North Sea. In "other" developed countries, growth was centered in Japan, where affiliates in refining and marketing grew substantially. In Canada, the country that accounted for the largest share of petroleum affiliate assets, the growth rate was 11.7 percent. Growth was relatively slow because substantial development of Canada's oil resources and petroleum distribution and refining network had taken place before the 1966-77 period. Also, foreign investment in natural resource industries was particularly affected by the previ- 10. In 1966, foreign affiliates with integral mining and smelting operations were classified in mining. In 1977, such affiliates were classified in primary metals manufacturing. 41 SURVEY OF CURRENT BUSINESS April Table 6.—Employment of Majority-Owned Foreign Affiliates, 1966 and 1977, Country by Industry of Affiliate [Number of employees] 1966 All industries 2 All countries Developed countries . .. . Canada Europe European Communities (9) Belgium Denmark France Germany Ireland Italy Luxembourg Netherlands United Kingdom Other Europe Austria Greece Norway Portugal Spain Sweden Switzerland Turkey Other dapan Australia, New Zealand, and South Africa Australia New Zealand South Africa Developing countries Latin America South America Argentina .. Brazil Chile Colombia Ecuador Peru .. Venezuela Other Central America Mexico Panama Other Other Western Hemisphere Bahamas Bermuda Netherlands Antilles Trinidad and Tobago Other Other Other Asia and Pacific Hong Kong India . Indonesia Malaysia Philippines Singapore South Korea Taiwan Thailand Other International 4 Addendum— OPEC 5 D Manufacturing 3 Trade Petroleum Mining Manufacturing 3 Trade Finance (except banking), insurance, and real estate Other industries 146,873 313,637 2,425,616 288,174 37,519 379,192 5,628,714 80,965 293,856 3,909,773 687,860 67618 588,642 40,052 166,934 1,933,225 201 019 32793 160 932 3 939 320 45424 161 466 2 807 126 572 730 57 654 294 920 733,072 21,383 38,122 520,435 63,464 26,545 63,123 940,080 27,079 49,761 574,541 4 103 (D) 110 539 95,511 3902 (D) 12,648 36062 (D) 8,577 1 238 975 1,151,483 65914 4,402 160,858 271 459 5,694 84,457 3718 34,313 520,668 87492 9,133 1,174 6712 4681 32,163 13039 15,537 3875 1 178 113613 89,181 7 111 (D) 17,839 22786 451 7490 4 615 3000 117 (D) 499 1090 0 77895 784 (D) (D) (D) 64 1051 1615 (D) 0 4,440 31794 2 611 306 2 307 649 130 125 17,628 368 158 515 707 26,445 185 010 7485 106 051 951 040 303 657 23,070 13863 18755 13 481 136 252 35684 42066 11676 8810 93 050 74888 4531 (DD) ( ) 15594 2116 8372 105 5754 27562 18 162 1 549 740 1,402,417 78969 11,475 201 748 338 620 8,114 106 943 3877 49,810 602,861 147 323 13,717 5,279 10777 7339 40812 23606 30,999 8068 6726 o 0 0 o (D) o o o o (D) o D (D ) () o o o o (D) (D) (D) 4,714 24,447 15028 (D) 1,874 1738 (D) 508 4242 928 (D) 1 502 (D) 6,279 24,901 24432 1,914 611 1220 1282 3603 4939 8,709 1033 1 121 31377 o 3,030 18,628 5900 220 766 143,643 12801 64322 14566 15243 (D) (D) (D) 155 187 105,986 6486 42715 18042 8900 3339 5803 1,031,646 106,821 132,109 492,391 85 413 712 442 468 432 97574 140,084 42192 37181 5,858 59891 68,792 16860 193 108 120 731 15551 56,826 50902 5925 1461 (D) 11,012 70844 60984 57013 42594 3256 6,086 391 933 280 829 80977 115 255 6855 25084 1,570 16757 28013 6318 103 979 97272 *411 6,296 7 125 948 21 57584 39 436 4918 8706 2424 4636 2131 5533 9763 1325 15971 11 951 2771 1249 2177 781 57 (D) (D) (D) 189,177 15,274 52691 (D) 7,244 47509 3205 (D) 12,351 12754 (D) 24,410 123,903 (D) o (D) 1,242 (D) (D) (D) (D) 4,649 345 o 26445 (D) (D) 21,859 6439 6694 (D) (D) o (D) 3 166 o o o 0 3 166 (D) (D) o o (D) 35,225 (D) (D) 31,545 (D) o (D) (D) o o D () o o o D () o o o 0 o o o 3,803 2568 716 386 1,466 11851 108 (D) (D) D ( ) 1 251 1,167 (D) D ( ) o o o 57 (D) (D) o (D) (D) o o o o (D) o o 17561 13962 100 4052 (D) (D) 132 159 42 804 2909 1 785 92 786 (D) (D) (D) (D) 218 (D) 8009 10790 1992 (D) (D) (D) (D) (D) 645 63251 (D) 145 (D) 11838 (D) (D) 479 338 46 26 104 3750 (D) (D) (°) 862 20 171 2,339 (D) (D) 4297 26685 (D) 18,860 2,757 16103 (D) 2740 1 338 875 875 1341 399 o o (D) (°) (D) (°) (D) (°) 264 91,520 10,017 30306 19,744 3,449 1510 1,172 370 (D) 880 8,435 1330 (DD) (D) (D ) ( ) 1,742 0 313 0 (D) 1,354 3,537 14,594 1,750 30,196 1 232 (D) 4,804 8,071 (D) 0 61,376 32,991 13,565 279 (D) o o o 318 388 213 106 18016 87266 (D) (D) o (°) (D) 10737 (D) (D) o (D) (D) 1 178 o o (D) 29,927 750 (DD) ( ) 1,171 3,823 (D) o 69546 3,843 527 (D) 0 (D) (D) (D) o (D) (D) (D) (D) (D) 6744 1257 '572 121 564 5,487 (D) (D) 4,403 810 6198 2355 525 414 111 (D) (D) 1,422 18484 8875 1450 5424 2001 9,609 (D) 3,007 (D) (») o (°) (D) 23 (D) (») (D) 1925 (D) 9904 7223 (D) (D) (D) (D) Suppressed to avoid disclosure of data of individual companies. 1. Data are from BEA's 1966 and 1977 benchmark surveys of U.S. direct investment abroad. Data in this table have been adjusted to improve comparability and, therefore, differ from previously published data. Majority-owned affiliates are affiliates owned more than 50 percent by all U.S. parents combined. (See text for discussion.) 2. Comparable data for 1966 and 1977 on total assets of majority-owned affiliates by country cross-classified by industry are available on request. Write Ned G. Howenstine, Bureau of Economic Analysis (BE-50), U.S. Department of Commerce, Washington, D.C. 20230. All industries 2 2,534 955 37858 2871 23,940 4524 19416 11,047 Middle East Israel OPEC Iran. Other Other Petroleum Other industries 3,591,011 92169 14662 3754 5783 5125 77,507 25714 7215 44,578 Other Africa Saharan Egypt Libya Other Sub-Saharan Liberia Nigeria Mining 1977 Finance (except banking), insurance, and real estate o (D) (D) 2161 (D) (D) 822 (D) 21 908 627 (D) (D) 1 119 3,580 (D) (D) (D) (°) 688 (D) (D) (D) 0 4,742 354 0 (D) (D) (D) (D) (°) (°) (°) (DD) () 11,889 1 983 643 1 793 316 94043 7538 293 206 428 002 20*917 148 236 7269 73342 720 763 190 327 (D) 13636 1 767 7964 6247 6499 (D) 8 152 930 108 960 4608 19776 1009 16493 (D) 5968 1 010 2879 97440 19 316 5695 4883 8738 78 124 22506 11,835 43783 92420 9371 74,832 17857 56975 8217 403,320 39,731 36216 47703 34,723 95040 41 926 13,532 63,257 20096 11,096 36,765 224,480 (D) o o (D) 5137 144 145 58 649 3224 33438 3 096 (D) (D) 11 410 ' (D) 76 (DD) ( ) 1025 (D) 296 1936 (D) (D) 30,994 1723 29271 (D) 21,127 595 6 104 (D) 1453 575 394 484 1 612 555 359 61 (D) (D) 69544 15621 (D) (D) 15952 4426 (D) (D) (D) (D) (D) 6957 38419 (D) 2316 42 2076 22720 4869 (D) (D) (D) 3679 1904 73 (D) 177 (D) 20127 (D) 8571 71,817 () 362 (D) (D) 55,624 D 320 2398 (D) (D) o (D) o 516 784 24,181 0 12600 1,324 1 688 2429 520 82 (D) (D) 0 o o o (D) (D) (D) 5677 808 (») (D) (D) 2275 (D) (D) (D) 295,763 30490 34562 12651 27,542 67258 33889 11,818 60,612 9716 7,225 0 o o (D) (D) (D) 25212 2492 8524 6230 1,845 1770 75 449 () (D) 281 138 36434 D 1 065 o 6778 3 713 (D) o o (D) o 42 9 964 (D) (°) 8425 2261 4865 79218 49 158 6380 16711 1 070 5 919 1096 3 843 13439 700 26 119 19 637 2377 4 105 3941 987 244 169 327 2214 (D) (D) 515 75 996 (D) 115 130 o 9,981 (D) (D) (D) 773 148 492?758 84 887 300 715 4 174 28*778 3446 8 106 49840 12 812 234 051 205 228 1460 27363 46339 415 (D) o o o o (D) (D) (D) (D) 1 102 647 33013 18 122 3666 6'409 510 3094 671 990 2102 680 3481 1 050 17635 8077 2757 4 715 605 9,558 (D) 4,204 9981 11410 13719 108 209 o (D) 763 9 540 2*218 ' (D) 554 3792 3245 263 284 23 147 12 593 4558 5339 1 262 10905 (D) 51 754 37686 3 483 10585 35 541 515 5215 657 (D) (D) (D) 208 108 136 329 11 968 59811 1 652 629 o o (D) (D) 8165 1 059 449 634 993 100 488 360 620 9 308 45070 7693 22 505 71 847 17 462 339 863 242 768 16921 80 174 84593 7207 2 100 3515 12340 59431 (D) (D) 3350 (D) (D) 151 918 15678 (D) (D) 114,800 18704 16486 1469 ' (D) 1565 2*440 ' (D) 598 40834 (D) 1072 31,808 (D) (D) (D) 142,091 363 207 297 101 21643 5677 43882 53755 2051 16899 84 14782 138 328 66106 6866 1893 4087 3 801 17422 8 964 18703 556 3 814 (D) (D) 4242 1 275 1,929 1 579 350 1038 o o (D) 313 128 54 0 54 131 (D) 12785 (D) (D) (D) (D) 25,993 4872 2,357 919 (D) (D) (D) 2,855 898 200 (D) 3,271 19,592 1 037 1,639 6276 3014 554 2,049 4938 (D) 0 (D) (D) (D) 301 (D) 43 o 2293 (D) 233 3,909 (D) 12,584 952 (D) (D) (°) 3. Comparable data for 1966 and 1977 on employment of majority-owned affiliates by country cross-classified by major manufacturing subindustry are available on request. For address, see footnote 2. 4. Except for petroleum, data for 1966 and 1977 for "international" are not comparable because the 1977 definition of "international" differed from that for 1966. (See text for discussion.) 5. OPEC consists of Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Quatar, Saudi Arabia, Venezuela and the United Arab Emirates. 42 ously mentioned "Canadianization" policies. In developing countries, affiliate assets grew at a 6.7-percent rate in Latin America and at a 14.2-percent rate in "other." In Latin America, growth was dampened by nationalizations in Venezuela. In "other," growth was primarily attributable to affiliates engaged in crude oil production; it was strongest in Middle Eastern countries that were members of the Organization of Petroleum Exporting Countries (OPEC) and in Indonesia, Nigeria, and Egypt. Manufacturing—Nearly four-fifths of the increase in manufacturing affiliate assets was in developed countries. This concentration reflected the much larger 1966 base in these countries— assets of manufacturing affiliates in developed countries were almost five times as large as those in developing countries in 1966. Growth rates, however, were somewhat higher in developing countries—13.6 percent compared with 12.4 percent. Growth was faster in developing countries partly because markets were growing faster there. Also, industrialization in a number of the larger developing countries was particularly rapid during this period. Finally, policies of some Latin American countries that encouraged investment in import-competing industries, and of some Asian countries that promoted domestic production of goods for export, may have stimulated affiliate growth. In developed countries, manufacturing affiliate assets grew more rapidly in Europe (13.5 percent) than in Canada (8.8 percent). The previously mentioned factors were particularly significant in manufacturing. Growth in Europe was largely accounted for by affiliates in the United Kingdom, Germany, France, Spain, the Netherlands, Belgium, and Italy. Among these countries, growth rates were highest in Spain (18.9 percent) and the Netherlands (18.2 percent). In "other" developed countries, affiliate assets grew at a 14.5-percent rate. Growth was largely attributable to affiliates in Japan, where the growth rate was 19.9 percent. In developing countries, affiliate assets grew at a 15.6-percent rate in "other" developing countries and at a SURVEY OF CURRENT BUSINESS 13.1-percent rate in Latin America. Growth was more rapid in "other" developing countries, partly because some economies, such as in Korea, Hong Kong, Taiwan, and Singapore, were growing particularly fast. Also, in "other" developing countries, affiliate growth reflected strong growth in exports, as well as in sales to local markets. Policies in some of these countries, such as the fast-growing Asian countries mentioned above, promoted the manufacture, by both foreign and domestic investors, of products for export. In contrast, in Latin America, the share of U.S. affiliate sales that was to local markets was much higher (and the share to export markets much lower) than in "other" developing countries. As a result, affiliate growth in Latin America depended to a significant degree on the rate at which local markets grew or on affiliates' ability to increase their share of such markets. In addition, as noted earlier, policies in Latin America often resulted in stimulating investment in import-competing, rather than export-oriented, industries.11 In Latin America, affiliates in Brazil, whose assets grew at a 21.8percent rate, accounted for almost 40 percent of the growth. Growth in the Brazilian economy was particularly rapid—real GNP grew at a 9.3-percent rate from 1966 to 1977. Mexican and Venezuelan affiliates also accounted for substantial shares of growth, although their growth rates— 11.8 and 13.3 percent, respectively— were lower than in Brazil. In "other" developing countries, affiliates in Korea, Taiwan, Singapore, Israel, and Hong Kong accounted for substantial shares of the growth. In each, the affiliate growth rate exceeded 25 percent. Trade—Growth rates for trade affiliates were 17.0 percent in developed countries and 13.7 percent in develop- 11. Rough comparisons of data for majority-owned affiliates from the two benchmark surveys indicate that, in both 1966 and 1977, at least 90 percent of the sales of manufacturing affiliates in Latin America were to local markets. In contrast, in "other" developing countries, only about three-fourths of manufacturing affiliate sales in 1966, and less than one-half of their sales in 1977, were to local markets. Export sales of affiliates in "other" developing countries grew over 25 percent per year, more than twice as fast as the local sales of Latin American manufacturing affiliates. April ing countries. Growth in both areas was largely attributable to wholesale trade affiliates. The more rapid growth in developed countries probably reflected these countries' greater importance as markets for goods sold by U.S. MNC's, whether the goods were produced in the United States or other developed countries. Growth was concentrated in Europe, where affiliates in Switzerland, the United Kingdom, Germany, and France combined accounted for more than 60 percent of the European total. Among these countries, the growth rate was highest in Germany (17.9 percent). Growth rates were 13.0 percent in Canada and 23.3 percent in "other" developed countries. In the latter, more than one-half of the growth was attributable to Japanese affiliates. Among developing countries, growth rates were 11.5 percent in Latin America and 19.7 percent in "other". In Latin America, over onehalf of the growth was attributable to affiliates in Venezuela, Brazil, and Mexico; among these three, growth was most rapid in Brazil. In "other" developing countries, over one-half of the growth was attributable to affiliates in Hong Kong, Iran, and Singapore; among these three, growth was most rapid in Iran. Finance (except banking), insurance, and real estate.—Growth rates for affiliates in finance (except banking), insurance, and real estate were 15.4 percent in developed countries and 26.1 percent in developing countries. The especially rapid growth in developing countries was largely attributable to affiliates in Latin America, particularly those in Bermuda and the Netherlands Antilles. In Bermuda, growth largely reflected the 1974 establishment of, and subsequent increases in investment in, finance affiliates by U.S. petroleum MNC's. Total assets of the new finance affiliates were boosted particularly by the transfer to them of accounts receivable due their U.S. parents from European petroleum affiliates. The value of these receivables was large due to the sharp increase in petroleum prices in 1973 and 1974. In the Netherlands Antilles, growth was strong because, early in the period, U.S. MNC's established fi- 43 SURVEY OF CURRENT BUSINESS April Table 7.—Compound Annual Rates of Growth in Total Assets of Allied Foreign Affiliates and Employment of Majority-Owned Foreign Affiliates, 1966-77, Country by Industry of Affiliate 1 [Percent] Total assets of allied affiliates All industries AH countries Developed countries Canada Europe . Europe Communities (9) Belgium France Germany Ireland . Italy Luxembourg Netherlands United Kingdom Other Europe Austria Greece Norway Portugal Spain . .. Sweden Switzerland. . Turkey Other .... . . .. Mining Petroleum Manufacturing 2 Trade Employment of majority-owned affiliates Finance (except banking), insurance, and real estate Other industries All industries 3 Mining Petroleum -5.3 -0.6 Manufacturing 2 Trade Finance (except banking), insurance, and real estate Other industries 13.6 9.4 13.0 12.6 15.9 18.1 12.7 4.2 4.4 8.2 5.5 4.1 13.6 10.0 11.4 8.7 13.7 11.7 12.4 8.8 17.0 13.0 15.4 10.1 14.7 10.0 4.1 2.3 1.2 2.2 -.3 2.5 3.5 .9 10.0 7.6 5.3 1.7 5.7 5.6 15.1 14.8 18.0 14.0 13.8 15.3 25.9 12.1 9.8 20.7 13.4 16.4 23.7 7.7 24.3 14.3 19.5 14.4 14.8 5.4 11.4 16.5 27.9 (D) 14.1 13.4 15.8 10.6 (D) 11.7 (D) 8.8 (D) 14.6 16.9 17.3 (D) 5.8 34.6 (D) 21.1 9.4 14.0 (D) 4.2 13.5 13.3 15.6 16.7 14.1 15.7 27.0 11.7 16.2 18.2 10.1 15.3 19.3 10.3 9.5 14.5 18.9 16.4 9.3 2.9 11.4 17.3 16.9 21.3 (D) 15.3 17.9 30.8 19.9 (D) 20.0 14.0 17.9 25.7 23.9 24.0 18.4 21.4 19.0 16.7 10.3 16.6 22.5 24.8 (DD) ( ) 19.3 17.7 n.s. 31.9 5.5 40.7 29.1 17.6 (D) 33.6 (DD) ( ) 29.8 (D) 16.1 4.9 4.6 4.7 4.0 5.6 3.9 11.4 5.1 6.2 7.1 4.2 6.8 4.8 9.2 5.2 5.7 11.6 3.8 2.8 3.4 2.5 -14.0 33.0 (D) -1.6 -2.2 1.4 -2.5 (D) -7.4 (D) -.2 (D) 1.8 1.1 1.7 (D) -.5 12.3 (D) 5.7 .8 .8 (D) -3.6 4.4 4.1 3.3 5.0 5.6 4.2 12.6 5.3 6.3 7.2 3.0 7.3 3.7 19.0 -.3 5.2 11.7 3.9 .5 4.0 8.5 11.2 11.6 10.7 (D) 8.5 8.1 14.8 7.7 (D) 8.1 16.9 9.5 12.3 10.8 11.6 10.4 15.4 5.6 7.2 55 11.8 13.6 16.8 25.9 (D) 11.0 7.6 (DD) ( ) 6.5 25.3 22.2 2.9 (D) (D) 18.6 20.9 24.9 12.3 (D) (D) 16.6 15.0 n.s. 42.4 12.3 11.7 (D) -13.3 (D) 19.0 16.9 (D) 10.2 (DD) ( ) 6.3 6.4 (D) 4.0 (D) (D) ( DD) ( D) ( ) 9.0 (D) 5.5 1.4 9.1 6.1 15.6 ( DD ) ( ) .9 (D) (D) 19.0 19.9 28.0 25.4 20.8 7.5 (D) 7.4 9.3 (D) 5.6 (DD) ( ) n.s. 9.8 12.7 -.3 (D) n.s. (D) (D) (DD) ( ) (D) -16.9 (DD) ( ) (DD) ( ) (D) (DD) (D) ( ) -3.2 -2.7 Japan 20.3 Australia, New Zealand, and South Africa Australia New Zealand South Africa 12.9 13.0 11.4 12.7 15.9 16.9 (DD) ( ) 9.8 8.5 10.3 (D) 10.5 9.9 12.2 12.0 19.3 22.3 10.8 16.4 21.3 21.6 (DD) ( ) 10.2 12.0 46 (D) 3.4 3.7 3.2 2.8 1.7 (DD) ( ) -4.6 (DD) (D) ( ) (D) 2.7 2.3 5.7 3.1 10.1 14.0 .4 5.6 (D) 9.7 (°) 10.0 2.6 2.3 -6.4 (D) 13.8 13.3 8.7 3.9 21.3 -11.5 4.6 16.0 3.4 3.1 3.4 10.7 11.0 11.2 8.2 28.3 13.1 47.5 35.1 15.7 12.0 6.3 6.0 4.7 (D) 28.7 (DD) ( ) 11.3 6.7 -1.5 4.4 15.8 (D) 1.0 37.1 8.3 -18.3 (D) 9.3 7.5 15.2 3.2 22.2 (DD) ( ) (DD) (D) ( ) 13.6 13.1 13.9 3.6 21.8 -.7 7.6 14.2 -1.3 13.3 15.3 11.9 11.8 13.9 12.7 8.7 -3.5 -2.8 (DD) (D ) ( ) 13.7 11.5 11.5 10.9 14.7 2.0 10.6 15.4 (D) 14.2 (D) 9.8 11.5 6.6 17.7 16.2 16.0 (D) 33.8 (D) 22.8 26.1 26.3 4.8 48 25.1 (DD) ( ) 22.2 -13.3 5.8 -6.1 14.4 7.4 15.9 30.6 44.8 7.7 65.2 (DD) ( ) 28.1 8.9 4.3 2.7 14 16.8 -15.6 (D) 37 -13.1 (D) 7.6 3.5 9.7 1.4 1.3 8.6 (D) 18.9 (D) 11.2 (D) 4.4 3.7 2.8 .3 9.0 -12.8 1.8 2.5 -8.5 .4 .3 5.3 6.6 .8 3.2 4.7 1.8 3.4 (D) 1.0 (D) -9.5 97 -13.4 (D) -1.3 (D) (D) -1.8 -4.9 -7.5 1.1 .5 (D) -3.6 6.2 (D) -19.2 (D) 2.8 3.5 (DD) ( ) -.3 (DD) (D) (D) ( ) 18 7.6 6.4 5.3 .4 9.1 -4.4 1.3 7.4 -6.4 5.4 6.6 7.7 7.0 12.2 14.3 18.6 -7.2 (DD) ( ) 4.7 23.1 2.8 2.9 2.0 2.4 6.1 -7.2 2.3 59 -3.3 3.0 -5.6 4.6 4.6 -1.4 11.4 5.5 2.2 14.1 (DD) ( ) (°) (D) 8.0 6.9 (D) 10.2 (DD) ( ) (D) (D) 4.7 19.5 7.7 (D) 9.5 (D) 11.7 4.6 20.6 (DD) ( D) ( ) (D) .8 2.9 (D) 13.9 -10.7 ( DD ) ( ) -13.8 (D) 1.7 .9 (DD ) ( ) -.7 -4.4 1.5 -.1 40.3 (D) 92 Other Africa Saharan Eevpt.... Libya Other Sub-Saharan Liberia Nigeria Other 10.5 8.8 25.4 2.8 10.6 11.5 13.7 17.8 8.8 (D) 10.3 7.9 26.3 2.8 6.2 13.8 (D) 15.0 (D) 10.0 14.0 (D) (DD) ( ) 9.4 .9 20.8 7.7 16.8 16.9 (D) (D) 21.7 16.8 (D) 27.9 (D) 25.4 (D) 3.6 4 -.9 6.0 -1.3 -10.3 (*) (D) 3.1 -1.8 13.6 .5 (D) (DD) ( ) 17.6 (D) 4.2 26.1 -1.6 -3.9 (D) (DD) ( ) -1.1 (DD) ( D) ( ) (D) (DD) ( ) 19.5 .5 2.5 3.9 -1.5 5.0 .1 -1.2 4.6 -.2 (DD) ( ) (DD) ( D) (D) ( ) 31.7 ( DD) ( ) (D) -8.8 (DD) ( ) 5.0 (DD) ( ) (D) (DD) ( ) (DD) ( ) 2.5 -.8 (DD) ( ) Middle East Israel OPEC Iran Other . Other 17.6 21.4 19.4 19.2 19.5 4.3 32.8 15.2 (D) 16.6 14.3 17.2 3.7 23.7 25.6 24.9 24.1 45.7 5.4 38.1 51.6 46.5 47.3 43.4 16.5 30.6 (D) (D) 26.7 (D) 20.1 23.3 1.4 ( DD) (D ) ( ) 2.1 8.5 11.4 10.9 13.3 10.3 -2.7 (D) 2.9 (D) 4.6 -4.2 5.6 -3.9 10.9 15.0 7.0 6.6 11.0 (D) 12.6 13.0 11.0 (D) -2.2 (DD ) ( D) (D) ( ) -6.2 18.5 (DD) ( D) ( ) 21.5 _ g 15.9 26.2 7.3 18.1 29.0 7.1 16.6 n.s. 11.5 37.8 n.s. n.s. 20.8 (D) 17.4 12.8 (D) 9.8 (DD) ( ) 36.1 (D) 13.0 (D) 7.1 9.1 -3.4 (D) 15.3 6.5 26.4 (D) 16.0 4.2 (D) 12.0 25.3 8.6 39.4 28.1 26.5 11.5 13.2 17.5 23.5 -.3 38.8 19.5 4.2 27.1 57.1 47.6 18.4 2.4 (D) (D) 16.8 20.7 -6.2 25.0 17.8 (DD) ( D) ( D) ( ) 13.2 (D) 4.9 13.0 9.5 15.5 18.8 13.9 22.4 5.6 Developing countries Latin Amerira South America Argentina Brazil Chile Colombia Ecuador Peru . Venezuela Other . Central America Mexico Panama Other Other Western Hemisphere Bahamas Bermuda , Netherlands Antilles .. . Trinidad and Tobago Other Other Asia and Pacific Hong Kong India Indonesia Malaysia Philippines Singapore; South Korea Taiwan Thailand Other Addendum— OPEC 5 .. . .. , . . .. 15.8 22.7 5.0 27.4 18.9 6.9 34.2 (D) 21.3 13.4 (D) 11.9 (DD) ( ) 204 5.3 4.2 18.6" 15.8 (D) (•>)" 15.5" (DD) ( ) (D) 32.8 ( DD) ( ) D ( ) (DD) ( ) n.s. *Less than 0.5% (±). Suppressed to avoid disclosure of data of individual companies. n.s. Not shown. Growth rates are not shown in data cells in which total assets were less than $500,000 in 1966 because rates calculated from such small bases tended to be erratic. 1. Growth rates are based on data in tables 5 and 6 which are, in turn, from BEA's 1966 and 1977 benchmark surveys of U.S. direct investment abroad. Data in tables 5 and 6 have been adjusted to improve comparability and, therefore, differ from previously published data. Allied affiliates are affiliates 25 percent or more owned by U.S. parents. Majority-owned affiliates are affiliates owne4 more than 50 percent by all U.S. parents combined. (See text for discussion.) D (D) (DD) ( ) -20.5 22 (D) (D) 4.9 (D) (D) 4.5 (D) -10.9 (DD) ( ) (D) (DD) ( ) (D) (»)" (D) ipy (°) -1.4 (°)" 52.2 -3.1 21 ( DD ) ( ) 1.1 -7.2 ( DD ) (D) ( ) (D) -12.8 11.3 10.7 1.2 2.5 3.2 (D) 6.6 8.6 (D) 28.5 7.6 35.2 (D) 25.9 1.7 (D) 5.8 -2.7 7.7 (D) (D) (D) -3.3 (DD) ( D) (D) ( ) (DD i ( ) 1.7 13.8 (D) 74.7 (DD) ( ) 18.5 (DD ) ( ) (D) -17.4 4.7 .9 7.3 3.4 11.8 (D) 2. Comparable data on growth rates of both total assets of allied affiliates and employment of majority-owned affiliates from 1966 to 1977, by country crossclassified by major manufacturing subindustry, are available on request. Write Ned G. Howenstine, Bureau of Economic Analysis (BE-50), U.S. Department of Commerce, Washington, D.C. 20230. 3. Comparable data on growth rates of total assets of majority-owned affiliates by country crossclassified by industry are available on request. For address, see footnote 2. 4. Except for petroleum, growth rates for "international" are not shown because the 1977 definition of international" differed from that for 1966. (See text for discussion.) 5. OPEC consists of Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Quatar, Saudi Arabia, Venezuela, and the United Arab Emirates. 44 SURVEY OF CURRENT BUSINESS nance affiliates there in response to mandatory controls on U.S.-source financing of foreign affilates. While the controls were in effect (1968-74), these affiliates borrowed funds in foreign financial markets and loaned them to U.S. parents and other affiliates of the parents. After the controls were dismantled, new borrowing by these affiliates declined and a smaller portion of the proceeds were transferred to U.S. parents. However, these affiliates' assets were still large in 1977, mainly because of the earlier buildup of receivables due from their U.S. parents. In developed countries, growth was most rapid in Europe (22.5 percent), where affiliates in finance (except banking) and affiliates that were holding companies, each accounted for about 40 percent of the growth. Growth of nonbank finance affiliates in this area, as in Latin America, reflected the greater use of foreign capital markets by U.S. MNC's. For holding companies, the growth in assets largely reflected these affiliates' increased holdings of equity in other foreign affiliates of their U.S. parents. Within Europe, more than one-half of the growth was in the United Kingdom and Switzerland. Growth was also rapid in ' 'other" developed countries (22.2 percent). Most of the growth was attributable to affiliates in finance (except banking), particularly those in Australia. Other industries.—Assets of affiliates in "other" industries—which consisted of agriculture, forestry, and fishing; construction; transportation, communication, and public utilities; and services—grew at a 14.7-percent rate in developed countries and an 8.9-percent rate in developing countries. Growth was slower in developing countries largely because assets of affiliates in transportation, communications, and public utilities declined. This decline probably reflected increasing pressure for public utilities and transportation systems to be owned and operated by domestic investors. In developed countries, almost 70 percent of the growth in "other" industries was attributable to affiliates in Europe, where the growth rate was 18.6 percent. Affiliates in the Netherlands, Germany, and the United Kingdom accounted for most of the growth. In developing countries, affiliates in "other" accounted for almost threefourths of the growth. Growth was largely attributable to affiliates in OPEC members in the Middle East. April in these industries, employment growth may have been depressed, and asset growth boosted, by a shift to more capital-intensive (and less laborintensive) methods of production during 1966-77. In mining, the declines in MOFA employment were particularly large in Latin America and "other" develEmployment oping countries (table 4). In Latin Affiliates employment grew at a America, the declines were largest in 4.2-percent rate, a much lower rate Chile, where affiliates were nationalthan that for total assets (table 3). ized, and in Peru, where policies The employment growth rate was adopted in 1971 required that compalower partly because employment nies become at least 51 percent Perudata, unlike total assets data, are not vian owned. In "other" developing affected by changes in valuation due countries, the largest decline was in to inflation and changes in exchange Zambia, where, like Peru, policies were aimed at increasing domestic rates. The employment growth rates dis- ownership of companies to at least 51 cussed are for majority-owned foreign percent. In addition, in both Latin affiliates (MOFA's)—i.e., affiliates America and "other" developing counthat are more than 50 percent owned tries, employment in mining declined by their U.S. parents—because em- because of the change in BEA indusployment data were collected only for try classification rules noted earlier. In petroleum, MOFA employment these affiliates in 1966.12 The pattern declined in both developed and develbased on employment of MOFA's may differ from that based on assets dis- oping countries. In developed councussed above, partly because the tries, the decline was more than acassets data covered allied affiliates. counted for by affiliates in Europe. However, comparison of growth in The largest decline was in Germany, total assets of majority-owned and where a large petroleum affiliate sold allied affiliates indicates that the its coal mining operation to a domeseffect of this difference in coverage is tic concern. In developing countries, small among both industries and the decline was more than accounted areas. By industry, the largest differ- for by affiliates in Latin America. The ence was in mining, where MOFA largest decline was in Venezuela, assets grew at a 6.1-percent rate and where affiliates were nationalized. Differences between the pattern of allied affiliates' assets grew at a 9.4percent rate. By area, the largest dif- growth based on employment and ference was in the developing coun- that based on assets resulted in differtries, where MOFA assets grew some- ences in the ranking of major induswhat slower than assets of allied af- tries in terms of their growth rates. filiates. The following discussion com- For example, based on employment, pares growth rates of employment the fastest growing industry was trade, while, based on assets, it was fiand of assets for MOFA's only. The pattern of growth among indus- nance (except banking), insurance, tries based on employment differed and real estate. The unusually high from that based on total assets. For employment growth rate in trade was example, in both mining and petro- partly a consequence of underreportleum, employment of MOFA's de- ing of employment by a major Euro13 clined, even though their total assets pean retail trade affiliate in 1966. grew. Asset growth in these industries The unusually high asset growth rate was significantly boosted by inflation in finance (except banking), insurand changes in exchange rates. Also, 12. Data for MOFA's in this article differ in coverage from those published in U.S. Direct Investment Abroad, 1977 (see the technical note). 13. Although there is some evidence that employment for some affiliates in industries other than trade may have also been underreported in 1966, the effect on the employment growth rates in these industries was probably relatively minor. SURVEY OF CURRENT BUSINESS April 45 ates, as well as those owned more ance, and real estate, as noted earlier, Technical Note than 50 percent. However, in the 1977 largely reflected the sharp increase in benchmark survey, in order to be conthe assets of affiliates that provided financial services within the MNC or Adjustments to improve comparability sistent with generally accepted accounting principles, the definition of that were holding companies. The MOFA's was changed to include only strong growth in these assets was acaffiliates owned more than 50 percompanied by little or no growth in For foreign affiliates, the 1966 and cent. An adjustment was also made to employment. The pattern of growth based on the 1977 data shown in tables 1-7 have the 1966 data for MOFA's to include two measures also differed among been adjusted to improve comparabil- data for affiliates in which no one areas. For example, based on employ- ity; therefore, they differ from data U.S. person had an ownership interment, growth of MOFA's was more previously published for both years. est of more than 50 percent but in rapid in developing countries; based For U.S. parents, the 1966 and 1977 which the combined ownership of all in table 1 U.S. parents exceeded 50 percent. on total assets, growth was more data on total assets shown 14 Such affiliates were excluded from rapid in developed countries. This dif- are as previously published. The adjustments to the affiliate previously published 1966 data, but ference occurred because, although assets grew faster than employment data at the all-country, all-industry included in the 1977 data, for in both areas, they grew slower rela- level are shown in table A, for allied MOFA's. The only adjustment made to the tive to employment in developing affiliates, 15 and in table B, for countries. U.S. parents reduced their MOFA's. The 1966 data for both 1977 data as previously published was ownership in a number of large affili- allied affiliates and MOFA's were ad- to exclude affiliates owned at least 10 ates in developing countries during justed to exclude publicly held foreign percent but under 25 percent by U.S. the period. These reductions had a affiliates. These are foreign affiliates parents. As explained in the text, this proportionately larger negative in which ownership is dispersed so adjustment was necessary because, in impact on assets than on employment that no one U.S. person has an inter- 1966, data were collected on total because they mainly involved affili- est of 10 percent or more. Such affili- assets only for allied affiliates. Both the 1966 and 1977 data for ates in mining and petroleum, indus- ates were included in the direct intries in which capital intensities and, vestment universe in 1966 if the com- MOFA's in this article cover all affilitherefore, asset-labor ratios were bined ownership of all U.S. persons ates owned over 50 percent by their high. In addition, manufacturing af- was at least 50 percent. However, in U.S. parents, regardless of the size of filiates' capital intensity may have in- the 1977 benchmark survey, direct in- their assets, sales, or net income. The creased at a slower pace in developing vestment was defined from a single- 1977 data for MOFA's in this article countries; thus, a given increase in af- owner viewpoint, rather than the na- differ, therefore, from those published filiates' manufacturing capacity tional viewpoint used previously. As a in U.S. Direct Investment Abroad, would have resulted in a smaller in- result, these publicly held affiliates 1977, which covered only the larger crease in assets (and a larger increase were not included in the 1977 data. In addition, the 1966 data for in employment) in developing counMOFA's were adjusted to exclude aftries than in developed countries. B.—Adjustments to the 1966 Data for filiates owned exactly 50 percent by Table Majority-Owned Affiliates To Improve ComU.S. parents. In previously published parability With the 1977 Data Table A.—Adjustments to Improve the Compa1966 data, MOFA's were defined to inrability of the 1966 and 1977 Data for Allied Employclude exactly 50-percent-owned affiliAffiliates Total ment [Millions of dollars] Total assets 1966 data for: 1. Universe of allied nonbank affiliates of nonbank parents 1 .. 2. Less: publicly held affiliates 3. Equals: allied affiliates as shown in tables 13 ... 113,884 4,512 109,372 1977 data for: 4. Universe of all nonbank affiliates owned percent or more by nonbank U.S. parents, previously published2 5. Less: affiliates owned between 10 and percent 6. Equals: allied affiliates as shown in tables 3 10 as 25 1- 490,178 46,800 443,378 1. Total assets for allied affiliates for 1966 were previously published in table 1-1 of U.S. Direct Investment Abroad, 1966. The total of $128,939 million shown in table 1-1 differs from the total shown here because it includes, but the total shown here excludes, bank affiliates (which had total assets of $14,683 million) and nonbank affiliates of bank parents (which had total assets of $372 million). 2. Previously published in table II.A.I of U.S. Direct Investment Abroad, 1977. 14. Total assets of U.S. parents for 1966 were previously published in table O-l of U.S. Direct Investment Abroad, 1966. The total of $630,370 million shown there differs from that shown in table 1 of this article because it includes, but the total in table 1 excludes, banks (which had total assets of $108,504 million). Total assets of nonbank U.S. parents of nonbank affiliates were previously published in table II.N.l of U.S. Direct Investment Abroad, 1977. The 1977 data exclude nonbank parents that have only bank affiliates. These parent companies could not be excluded from the 1966 data. However, even if they could have been, the effect on the data would almost certainly have been negligible. 15. To be consistent with the 1977 data for affiliates published in this and other articles based on the 1977 benchmark survey, the 1966 data in tables 1-7 were adjusted to exclude bank affiliates and nonbank affiliates of bank parents. See footnote 1, table A and footnote 1, table B for the amounts involved for allied affiliates and MOFA's, respectively. 1. Majority-owned nonbank affiliates of nonbank parents J assets (Millions of dollars) (Number of employees) 99,830 3,846,904 2. Less: publicly held affiliates 4,337 112,396 3. Less: affiliates that were owned 50 percent 5,908 213,668 4. Plus: affiliates owned more than 50 percent on a combined ownership basis 2406 70,171 5. Equals: majority-owned affiliates as shown in tables 3 and 4 91992 3,591,011 1. Total assets and employment for majority-owned affiliates for 1966 were previously published in tables 1-24 and K-l, respectively, of U.S. Direct Investment Abroad, 1966. The total for assets in table 1-24 of $113,633 million differs from the total shown here because it includes, but the total shown here excludes, bank affiliates (which had total assets of $13,615 million) and nonbank affiliates of bank parents (which had total assets of $188 million). Similarily, the total for employment in table K-l of 3,874 thousand (the unrounded total was 3,874,246) differs from the total shown here because it includes, but the total shown here excludes, bank affiliates (which had 27,086 employees) and nonbank affiliates of bank parents (which had 256 employees). SURVEY OF CURRENT BUSINESS 46 MOFA's—those with assets, sales, or net income greater than $3 million. No other tions, 1977. adjustments were made for differences in concepts, definiand coverage between 1966 and They included the treatment of April petroleum trading companies and these differences on the comparisons U.S. airline and ship operators' for- was small. For a discussion of these eign stations, ticket offices, and termi- differences, see U.S. Direct Investment nal port facilities, and, for data disag- Abroad, 1977 and Obie G. Whichard, gregated by area, the definition of the "U.S. Direct Investment Abroad in "international" category (see footnote 1980," SURVEY 61 (August 1981): 289). It is believed that the effect of 39. Errata Table 6 of the article "Employment and Employee Compensation of U.S. Multinational Companies in 1977" in the February 1982 SURVEY OF CURRENT BUSINESS contained errors in the rows for France, the Netherlands, and the United Kingdom. The corrected table is republished below. The errors were in the employment estimates for "all manufacturing establishments"; the affiliate shares of this employment have been recomputed based on the corrected figures. Table 6.—Employment in Manufacturing (Including Petroleum and Coal Products) by All Manufacturing Establishments and by Foreign Affiliates in 10 Developed Countries, 1977 [Thousands of employees, or percent] Belgium Canada Denmark France Germany Italy Japan Netherlands Sweden United Kingdom . ... . Foreign affiliates as percentage of all Majormanufacturing ityestablishments owned affiliates in MajoritymanuAll owned facturing affiliates affiliates All manufacturing establishments All affiliates in manufacturing 966 1,714 468 5,683 8,383 120 657 11 368 498 95 597 9 298 439 12 38 2 6 6 10 35 2 5 5 4,910 12,066 1,031 969 7,204 175 202 100 26 829 151 40 75 19 723 4 2 10 3 12 3 (*) 7 2 10 * Less than 0.5 percent. NOTE.—Estimates for manufacturing establishments were prepared by the Office of Productivity and Technology, Bureau of Labor Statistics, U.S. Department of Labor. Definition and coverage of employment by all manufacturing establishments differ slightly among countries. 47 SURVEY OF CURRENT BUSINESS April State Personal Income Table 1.—Total Personal Income, States and Regions 1 [Millions of dollars, seasonally adjusted at annual rates] 1981 1980 1979 State and region Percent change I' II r III r IV r I' II r mr IV Ir II r III/ IV P 1,860,031 1,901,935 1,968,432 2,028,605 2,086,232 2,114,368 2,183,711 2,258,205 2,327,381 2,376,157 2,449,670 2,493,092 10.4 1.8 106,072 108,288 112,211 115,896 120,148 122,055 126,144 131,062 134,348 137,134 140,538 143,213 9.3 1.9 30,782 7,576 49,465 7,106 7,701 3,441 31,261 7,732 50,663 7,269 7,849 3,514 32,492 8,015 52,439 7,514 8,121 3,630 33,637 8,286 54,071 7,791 8,359 3,752 35,104 8,518 55,880 8,115 8,648 3,883 35,498 8,693 56,956 8,199 8,790 3,919 36,841 8,943 58,856 8,450 9,033 4,021 38,249 9,322 61,068 8,893 9,336 4,193 39,576 9,461 62,165 9,068 9,760 4,318 40,138 9,700 63,796 9,283 9,801 4,416 41,327 9,928 65,170 9,547 10,055 4,512 41,857 10,132 66,550 9,796 10,278 4,600 9.4 8.7 9.0 10.1 10.1 9.7 1.3 2.1 2.1 2.6 2.2 2.0 372,279 379,887 392,350 404,055 416,300 423,215 435,932 450,783 462,704 472,495 485,927 493,368 9.4 1.5 5,257 6,628 38,259 69,261 155,387 97,487 5,377 6,811 39,062 70,499 158,613 99,525 5,544 7,101 40,332 72,818 163,734 102,822 5,725 7,300 41,654 75,222 168,177 105,977 5,959 7,434 42,778 77,887 173,185 109,057 5,993 7,509 43,270 79,162 177,155 110,126 6,182 7,830 44,719 81,448 182,916 112,837 6,422 8,048 46,358 84,698 188,728 116,528 6,587 8,227 47,593 86,744 194,134 119,418 6,682 8,373 48,439 88,578 198,785 121,638 6,882 8,640 49,843 90,979 204,518 125,067 6,845 8,799 50,815 92,477 208,009 126,424 6.6 9.3 9.6 9.2 10.2 8.5 -.5 1.8 1.9 1.6 1.7 1.1 Great Lakes 366,103 371,965 382,067 390,512 399,561 400,223 411,034 422,575 433,433 440,166 451,949 455,194 7.7 .7 Illinois Indiana Michigan Ohio Wisconsin 106,424 44,887 84,646 91,709 38,437 109,157 45,242 85,321 92,464 39,782 112,935 46,141 87,003 94,897 41,091 115,445 47,194 88,464 97,143 42,266 117,592 47,958 90,703 99,837 43,471 118,115 47,788 89,962 100,662 43,697 121,092 50,152 92,396 102,774 44,620 123,017 50,553 96,914 106,276 45,815 127,892 51,958 98,515 108,678 46,390 129,613 52,105 100,981 110,492 46,975 133,616 53,381 102,823 113,625 48,504 135,139 53,750 103,023 114,425 48,857 9.9 6.3 6.3 7.7 6.6 1.1 .7 .2 .7 .7 141,336 145,989 150,127 153,971 155,570 156,304 160,919 165,264 171,428 174,131 179,970 183,690 11.1 2.1 25,079 20,363 34,284 38,729 12,909 5,064 4,907 25,535 21,425 35,598 39,483 13,617 5,180 5,151 25,964 22,063 36,553 40,912 14,010 5,338 5,288 26,307 22,681 37,723 41,776 14,154 5,832 5,498 26,649 22,740 38,941 42,505 13,879 5,518 5,338 26,697 22,881 39,149 42,674 14,006 5,571 5,326 27,328 23,578 40,300 44,225 14,454 5,623 5,412 28,079 24,269 41,244 45,388 14,862 5,864 5,558 28,518 24,983 42,718 47,233 15,739 6,437 5,799 28,977 25,544 43,094 48,043 15,831 6,694 5,948 29,825 26,284 44,685 49,577 16,483 6,998 6,119 30,360 26,783 45,502 50,322 16,883 7,593 6,247 8.1 10.4 10.3 10.9 13.6 29.5 12.4 1.8 1.9 1.8 1.5 2.4 8.5 2.1 366,491 374,169 387,219 400,808 411,709 418,877 433,934 449,317 464,325 474,849 491,557 500,753 11.4 1.9 25,566 14,836 71,949 37,960 25,167 29,461 14,767 39,880 19,391 31,092 42,968 13,455 25,876 14,869 74,126 38,773 25,443 30,244 14,802 40,726 20,037 31,582 44,080 13,613 26,387 15,460 77,591 40,101 26,100 31,380 15,315 41,800 20,702 32,649 45,529 14,205 27,648 15,887 80,676 41,380 26,811 32,764 16,096 42,907 21,476 33,503 47,146 14,514 28,206 16,154 83,979 42,231 27,466 33,856 16,091 44,479 21,853 34,253 48,238 14,902 28,423 15,965 86,419 42,984 27,596 34,783 16,140 45,451 22,255 34,650 49,262 14,948 29,125 16,683 90,465 44,644 28,296 36,303 16,789 46,480 22,982 35,856 50,938 15,372 30,199 17,045 93,911 46,315 29,115 37,605 17,248 48,061 23,769 37,015 53,178 15,856 31,214 17,805 96,957 48,168 30,143 38,984 17,736 49,698 24,522 38,281 54,543 16,273 31,601 18,241 100,287 49,306 30,125 40,303 18,139 51,355 25,194 39,211 55,668 15,420 32,546 18,908 104,760 50,545 31,722 41,653 18,670 52,494 25,833 40,338 57,502 16,585 33,127 18,889 107,330 51,750 31,873 42,506 18,913 53,131 26,416 40,896 59,132 16,791 9.7 10.8 14.3 11.7 9.5 13.0 9.7 10.5 11.1 10.5 11.2 5.9 1.8 I 2.5 2.4 .5 2.0 1.3 1.2 2.3 1.4 2.8 1.2 United States New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania Plains ... Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia 1980 IV 1981 IV 1980 III 1981 IV 163,325 168,634 175,882 182,636 188,772 192,895 200,586 208,440 217,849 224,513 233,357 239,730 15.0 2.7 Arizona New Mexico . Oklahoma Texas 19,787 8,749 22,945 111,844 20,339 8,994 23,713 115,588 21,457 9,300 24,741 120,384 22,270 9,592 25,519 125,255 23,112 9,932 26,430 129,298 23,542 10,076 26,867 132,410 24,106 10,387 27,992 138,101 25,291 10,671 28,683 143,795 25,910 11,035 30,375 150,529 26,594 11,334 31,071 155,514 27,504 11,704 32,132 162,016 28,340 11,889 33,046 166,456 12.1 11.4 15.2 15.8 3.0 1.6 2.8 2.7 Rocky Mountain 50,403 51,726 54,081 55,733 57,870 58,472 60,560 63,065 65,135 66,541 68,667 70,282 11.4 2.4 24,234 6,642 5,878 9,510 4,140 24,846 6,784 6,022 9,739 4,335 26,056 7,040 6,232 10,230 4,522 26,792 7,278 6,448 10,504 4,711 27,942 7,612 6,627 10,821 4,868 28,259 7,501 6,674 11,029 5,008 29,379 7,785 6,842 11,360 5,195 30,629 8,044 7,146 11,787 5,459 31,689 8,251 7,439 12,146 5,611 32,491 8,454 7,603 12,316 5,676 33,569 8,676 7,744 12,826 5,852 34,406 8,794 7,891 13,153 6,038 12.3 9.3 10.4 11.6 10.6 2.5 1.4 1.9 2.6 3.2 Southwest Colorado Idaho Montana Utah Wyoming 281,299 288,354 301,070 311,221 322,028 327,747 339,470 352,084 362,110 369,951 380,745 389,352 10.6 2.3 California Nevada Oregon Washington 217,308 7,042 21,102 35,847 222,273 7,213 21,832 37,037 232,286 7,591 22,607 38,586 240,160 7,894 23,312 39,855 248,677 8,219 23,890 41,242 253,509 8,334 24,078 41,825 262,526 8,717 24,738 43,489 272,634 9,107 25,425 44,917 280,294 9,413 25,868 46,535 287,223 9,662 26,311 46,755 296,053 9,948 26,744 48,000 303,291 10,298 27,007 48,756 11.2 13.1 6.2 8.5 2.4 3.5 1.0 1.6 Alaska Hawaii . . . 4,452 8,272 4,452 8,471 4,629 8,797 4,737 9,035 4,876 9,397 5,013 9,568 5,261 9,871 5,409 10,209 5,617 10,430 5,686 10,693 5,939 11,020 6,128 11,382 13.3 11.5 3.2 3.3 106,072 322,135 366,103 141,336 275,746 96,593 179,087 85,980 286,981 108,288 328,637 371,965 145,989 282,604 97,702 184,413 88,272 294,064 112,211 339,373 382,067 150,127 292,904 100,451 191,965 92,429 306,905 115,896 349,376 390,512 153,971 302,778 104,058 199,424 95,490 317,100 120,148 360,130 399,561 155,570 311,853 106,016 205,739 99,132 328,083 122,055 366,443 400,223 156,304 318,092 106,809 210,025 100,423 333,993 126,144 377,200 411,034 160,919 329,613 110,066 219,079 103,771 345,885 134,348 400,296 433,433 171,428 352,569 117,374 237,693 111,494 368,745 137,134 409,000 440,166 174,131 360,724 119,075 245,129 114,131 376,667 140,538 420,563 451,949 179,970 373,083 123,276 254,710 117,824 387,755 143,213 426,909 455,194 183,690 381,008 124,808 260,897 120,809 396,564 9.3 9.5 7.7 11.1 11.4 9.9 14.9 11.7 10.6 1.9 1.5 .7 2.1 2.1 1.2 2.4 2.5 2.3 Far West Census regions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific r Re vised. " Preliminary. 1. Detail may not add to higher level totals because of rounding. The personal income shown for the United States differs from that in the national income and product accounts, primarily because it omits income received by Federal Government employees overseas. 131,062 389,954 422,575 165,264 341,919 113,577 227,127 108,134 358,594 NOTE.—The quarterly estimates of State personal income were prepared by Francis G. McFaul with the aid of Thelma E. Harding, under the supervision of Robert L. Brown. Tables were prepared by Eunice P. James and Kathy A. Albetski. The quarterly personal income estimates have also been revised for the years 1969-78. Quarterly estimates for the years 1969-81 are available from the Regional Economic Information System, BE-55, Bureau of Economic Analysis, U.S. Dept. of Commerce, Washington, D.C. 20230. 48 SURVEY OF CURRENT BUSINESS April Table 2.—Total and Per Capita Personal Income and Percent Changes by States and Regions l Per Capita personal income Total personal income Millions of dollars State and region 1979 r Percent change 1980-81 Percent change 1980-81 Dollars TWol 1980 r 1981* personal income Labor and proprietors' income Nonfarm Mining and Manuconfacturing struction 1980 r 1981" 1,939,751 2,160,629 2,411,575 11.6 8,638 9,511 10,517 11.6 10.4 9.0 10.4 8.5 10.8 8.3 11.1 11.0 110,617 124,852 138,808 11.2 8,960 10,086 11,154 11.2 9.6 13 9.7 5.3 10.4 7.7 10.2 10.7 32,043 7,902 51,660 7,420 8,008 3,584 36,423 8,869 58,190 8,414 8,952 4,004 40,724 9,805 64,420 9,424 9,973 4,462 11.8 10.6 10.7 12.0 11.4 11.4 10,337 7,025 8,990 8,137 8,371 7,087 11,692 7,868 10,118 9,119 9,429 7,810 12,995 8,655 11,158 10,073 10,466 8,654 11.8 10.6 10.7 12.0 11.4 11.4 10.3 8.6 9.2 11.1 9.5 10.0 3.3 -17.9 -20.3 -.2 20.5 19.1 10.3 8.8 9.3 11.1 9.5 9.6 7.3 8.8 2.9 6.3 8.0 9.8 10.7 8.9 10.4 11.8 9.8 9.6 11.3 -5.0 8.1 11.6 1.0 8.0 10.5 10.9 9.6 11.4 10.6 11.9 10.8 9.4 11.0 12.2 10.1 8.2 387,143 431,559 478,623 10.9 9,140 10,189 11,297 10.9 9.7 17.5 9.6 6.8 10.2 5.6 9.4 11.0 5,476 6,960 39,827 71,950 161,478 101,453 6,140 7,706 44,281 80,799 180,497 112,137 6,749 8,510 49,172 89,694 201,361 123,137 9.9 10.4 11.0 11.0 11.6 9.8 9,144 10,616 9,430 9,758 9,157 8,544 10,291 12,050 10,477 10,935 10,252 9,427 11,279 13,487 11,534 12,115 11,440 10,373 9.9 10.4 11.0 11.0 11.6 9.8 7.7 9.0 9.5 9.8 10.6 8.3 48.4 43.5" 9.2 9.5 16.9 7.2 9.0 9.2 9.8 10.6 8.2 7.5 7.8 6.0 7.0 7.4 5.6 7.2 10.1 10.3 10.3 11.2 8.6 -10.5 -4.1 3.0 10.6 10.0 1.7 6.6 2.9 9.2 8.5 10.1 9.4 10.6 11.1 11.7 11.3 11.7 9.0 Great Lakes 377,662 408,348 445,185 9.0 9,076 9,776 10,687 9.0 6.9 .6 7.0 6.9 7.0 3.4 8.1 7.6 Illinois Indiana Michigan Ohio Wisconsin 110,990 45,866 86,359 94,053 40,394 119,954 49,112 92,494 102,387 44,400 131,565 52,798 101,335 111,805 47,681 9.7 7.5 9.6 9.2 7.4 9,717 8,377 9,337 8,710 8,657 10,479 8,924 9,967 9,460 9,413 11,479 9,656 11,009 10,371 10,056 9.7 7.5 9.6 9.2 7.4 7.7 5.1 7.2 7.6 4.9 159.6 -41.4 1.8 476 -27.0 6.4 6.2 7.2 8.2 6.5 7.2 6.2 6.7 6.7 7.9 6.3 6.1 7.3 8.4 6.3 -3.7 2.3 36 -4.1 -8.3 4.9 7.9 10.3 9.3 7.2 8.4 5.1 5.7 9.4 7.4 147,856 159,514 177,305 11.2 8,648 9,261 10,286 11.2 9.5 29.3 8.7 7.6 8.8 4.0 9.8 9.1 25,721 21,633 36,040 40,225 13,672 5,354 5,211 27,188 23,367 39,908 43,698 14,300 5,643 5,408 29,420 25,899 44,000 48,794 16,234 6,930 6,028 8.2 10.8 10.3 11.7 13.5 22.8 11.5 8,818 9,216 8,925 8,227 8,740 8,209 7,563 9,310 9,864 9,765 8,865 9,086 8,626 7,818 10,149 10,870 10,747 9,876 10,296 10,525 8,793 8.2 10.8 10.3 11.7 13.5 22.8 11.5 5.4 9.6 8.6 9.6 12.3 26.5 9.6 -26.9 -11.0 22.1 49.8 148.1 252.9 12.1 7.3 10.5 8.0 9.0 7.4 12.6 9.4 5.6 9.9 7.2 6.9 8.9 8.7 9.0 7.6 10.7 8.1 9.3 7.1 13.7 9.5 25 5.7 -6.2 18.4 -5.8 16.0 4.2 9.2 12.3 10.7 8.5 7.8 9.9 12.4 8.0 10.8 8.9 8.6 8.5 13.5 9.8 382,170 428,459 482,871 12.7 7,353 8,104 9,011 12.7 11.9 22.6 11.6 10.2 12.0 8.0 13.0 12.2 26,369 15,263 76,085 39,553 25,880 30,962 15,245 41,328 20,401 32,206 44,930 13,947 28,988 16,462 88,693 44,044 28,118 35,637 16,567 46,118 22,715 35,444 50,404 15,270 32,122 18,461 102,333 49,942 30,966 40,861 18,364 51,670 25,491 39,682 56,711 16,267 10.8 12.1 15.4 13.4 10.1 14.7 10.9 12.0 12.2 12.0 12.5 6.5 6,815 6,726 8,034 7,337 7,103 7,480 6,079 7,124 6,609 7,104 8,438 7,192 7,434 7,185 8,993 8,041 7,662 8,456 6,557 7,832 7,265 7,702 9,406 7,814 8,200 8,042 10,050 8,960 8,455 9,486 7,256 8,679 8,050 8,604 10,445 8,334 10.8 12.1 15.4 13.4 10.1 14.7 10.9 12.0 12.2 12.0 12.5 6.5 9.5 11.1 14.6 12.9 9.2 14.8 10.0 11.5 11.7 10.9 11.9 3.0 37.3 24.1 -4.0 97.5 21.6 -15.5 7.0 29.4 81.8 51.3 36.8 -27.5 9.1 10.4 15.0 12.3 8.7 15.2 10.1 10.8 11.0 10.5 11.6 3.2 9.1 7.4 12.0 10.7 6.5 14.0 7.8 9.1 11.0 6.3 12.2 6.2 9.1 11.0 15.6 12.6 9.1 15.4 10.6 11.2 11.1 11.4 11.4 2.7 -3.6 5.9 17.7 10.1 9.0 15.4 15.3 5.1 5.0 6.2 1.3 -9.1 11.4 12.6 18.0 13.4 9.2 18.4 12.1 12.2 10.9 13.1 13.3 6.7 9.9 10.8 14.8 12.5 9.1 14.4 8.8 11.2 12.3 10.9 12.4 7.4 172,619 197,673 228,862 15.8 8,308 9,270 10,408 15.8 16.2 7.8 16.4 11.7 17.3 20.7 19.6 15.3 20,963 9,159 24,229 118,267 24,013 10,266 27,493 135,901 27,087 11,491 31,656 158,629 12.8 11.9 15.1 16.7 7,945 7,153 8,158 8,516 8,814 7,878 9,066 9,528 9,693 8,654 10,210 10,743 12.8 11.9 15.1 16.7 11.2 10.9 16.0 17.4 -28.2 -21.6 -2.4 25.0 12.2 12.1 16.5 17.3 8.0 10.3 9.5 13.1 13.2 12.7 18.1 18.0 8.8 12.9 30.2 21.1 16.9 8.6 18.1 20.5 13.0 13.3 13.9 16.1 United States New England Connecticut Maine. . .. Massachusetts New Hampshire Rhode Island Vermont Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia Southwest Arizona New Mexico Oklahoma Texas Rocky Mountain Colorado Idaho Montana Utah Wyoming Far West California Nevada Oregon Washington Alaska Hawaii . . 1979 r Total Farm Govt. Private Other 52,986 59,991 67,656 12.8 8,229 9,135 10,057 12.8 12.0 -1.9 12.5 9.2 13.3 14.4 15.0 12.4 25,482 6,936 6,145 9,995 4,427 29,053 7,735 6,822 11,249 5,132 33,039 8,544 7,669 12,610 5,794 13.7 10.5 12.4 12.1 12.9 8,944 7,437 7,787 7,058 9,798 10,033 8,176 8,652 7,681 10,875 11,142 8,906 9,676 8,307 11,780 13.7 10.5 12.4 12.1 12.9 13.4 8.6 11.0 11.4 11.6 -4.5 -6.6 32.9 -29.6 -10.7 13.8 10.5 9.9 11.9 12.2 9.3 8.5 8.9 8.7 11.3 14.8 11.0 10.2 12.8 12.4 17.6 18.6 9.7 10.7 11.7 15.3 13.1 6.5 17.2 22.9 14.0 8.7 11.0 11.7 11.8 295,487 335,334 375,540 12.0 9,653 10,710 11,769 12.0 10.5 -11.7 11.1 8.7 11.6 7.3 13.5 11.3 228,008 7,435 22,213 37,831 259,339 8,594 24,533 42,869 291,715 9,831 26,483 47,511 12.5 14.4 7.9 10.8 9,805 9,718 8,615 9,428 10,929 10,723 9,296 10,355 12,057 11,633 9,991 11,266 12.5 14.4 7.9 10.8 11.2 13.4 5.0 8.7 -16.3 -37.6 -15.1 14.2 11.9 13.9 5.5 8.5 9.3 11.4 6.0 6.4 12.5 14.4 5.3 9.0 9.3 16.6 -12.9 5.1 14.0 19.7 4.1 16.3 12.2 13.6 8.6 6.0 4,568 8,643 5,139 9,761 5,842 10,881 13.7 11.5 11,320 9,098 12,759 10,091 14,090 11,096 13.7 11.5 12.5 10.1 14.9 8.3 12.5 10.1 14.2 11.5 11.6 9.5 ( DD ) ( ) 5.5 10.5 ( DD ) ( ) 110,617 334,881 377,662 147,856 288,507 99,701 188,722 90,543 301,263 124,852 373,433 408,348 159,514 325,369 109,117 215,493 102,863 341,640 138,808 414,192 445,185 177,305 366,846 121,134 249,607 116,064 382,433 11.2 10.9 9.0 11.2 12.7 11.0 15.8 12.8 11.9 8,960 9,080 9,076 8,648 7,906 6,850 8,112 8,140 9,656 10,086 10,123 9,776 9,261 8,763 7,424 9,054 9,026 10,717 11.2 10.9 9.0 11.2 12.7 11.0 15.8 12.8 11.9 9.6 9.7 6.9 9,5 11.7 10.0 16.4 11.8 10.4 -1.3 13.2 .6 29.3 26.6 24.8 15.5 -10.2 10.8 9.7 9.7 7.0 8.7 11.4 9.6 16.4 12.5 11.0 5.3 6.8 6.9 7.6 9.8 7.4 12.3 9.2 9.0 10.4 10.2 7.0 8.8 11.9 10.1 17.1 13.3 11.4 7.7 6.5 -3.4 4.0 5.7 6.2 20.5 13.2 7.4 10.2 9.5 8.1 9.8 12.4 11.6 19.2 15.4 13.4 10.7 10.9 7.6 9.1 12.6 9.9 15.2 12.8 11.1 Census regions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific PNot shown to avoid disclosure of confidential information; data are included in totals. 1. Consists of wage and salary disbursements, other labor income, and proprietors' income. . Detail may not add to higher level totals because of rounding. 11,154 11,232 10,687 10,286 9,718 8,228 10,201 9,925 11,783 By REGIONAL ECONOMIC MEASUREMENT DIVISION Revised County and Metropolitan Area Personal Income The local area estimates of personal income released each April are consistent with the State estimates released at the same time. The State estimates in the April issues of the SURVEY OF CURRENT BUSINESS include preliminary annual and quarterly estimates for the most recent year and revised annual and quarterly estimates for previous years. The State estimates supersede those published in the SURVEY usually in the issue of the previous August (for 1981, July). The local area estimates are routinely revised in each of the 2 years following their initial release. These revisions incorporate more complete information for local areas as well as revised State and national totals. Comprehensive revisions are initiated periodically—approximately every five years—at the national level and extended, where appropriate, to the State and local area levels. At the local area level they include distributional changes made possible by the availability of more current data as well as changes based on definitional, classificational, and statistical changes at the national level. The local area personal income estimates reflect the comprehensive revisions approximately 18 months after their initial introduction at the national level, and approximately 9 months after their extension to the State estimates. J.HE estimates of personal income for local areas presented have been revised to incorporate the definitional, classificational, and statistical revisions already incorporated in the national and State estimates. The revisions at those levels are described in the December 1980 and July 1981 SURVEY, respectively. Total and per capita personal income estimates for the 305 Standard Metorpolitan Statistical Areas (SMSA's) are shown in table 1 for 1969, 1979, and 1980. Table 2 contains the same estimates for the 3,140 counties and county equivalents. Personal income estimates for 197580 for SMSA's and counties will be published in component detail (see table A) in the nine-volume set Local Area Personal Income, 1975-80, scheduled for release by July 1982 (see notice on page 71). Definition of total and per capita personal income The personal income of an area is the income received by, or on behalf of, the residents of the area. It is the income received by persons from all sources, that is, from participation in production, from transfer payments from government and business, and from government interest, which is treated like a transfer payment. Persons consist of individuals, nonprofit institutions, private noninsured welfare funds, and private trust funds. Proprietors' income is treated in its entirety as received by individuals. Life insurance carriers and private noninsured pension funds are not counted as persons, but their saving is credited to persons. Personal income is the sum of wage and salary disbursements, other labor income, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and transfer payments, less personal contributions for social insurance. The definitions underlying the local area estimates are, for the most part, the same as those underlying the personal income estimates in the national income and product accounts. The major difference is the treatment of U.S. citizens temporarily working on assignment abroad. The national estimates include Federal civilian and military personal stationed abroad and U.S. residents employed by private U.S. firms on temporary foreign assignment. The local area estimates include only persons residing in the 50 States and the District of Columbia. Per capita income is computed by dividing the total personal income by midyear (July 1) population estimates. The college student population, however, is measured as of April 1. The per capita personal income estimates should be used with caution for several reasons. In many instances, an unusually high (or low) per capita personal income is the termporary result of unusual conditions, such as a bumper crop, a major construction project (e.g., a defense facility, nuclear plant, or dam), or a catastrophe (e.g., a tornado or drought). In some cases, a high per capita personal income is not representative of the standard of living in an area. For example, a construction project may attract a large number of high-paid workers who are included in the population but who send a substantial portion of their wages to dependents living in other areas. Conversely, a county with a large institutional population (e.g., residents of a college, prison, or domiciliary medical facility) may show an unusually low per capita personal income, which is not necessarily indicative of the economic well-being of the noninstitutional population. Moreover, population is measured at midyear whereas income is measured as a flow over the year. Therefore, a significant change in population during the year can cause a distortion in the per capita personal income estimates, particularly if the change occurs around midyear. Revisions in personal income components In addition to reflecting revisions previously made at the national and state levels, the estimates presented here incorporate numerous revisions to the county distributions of State personal income components. Major revisions were made to civilian government and military wages and to rental and royalty income. 49 50 The estimates of civilian government wages and salaries reflect a further shift from the use of periodic and indirectly related source data to the use of current wage data from the administrative records of the Federal and State unemployment insurance (UI) programs. This change was made previously for civilian government wage estimates in many State for 1977-79. These Ul-based estimates have now been extended back to earlier years, and estimates for additional States have been converted to a UI basis. Local government wage estimates are now Ul-based in all States; Federal civilian and State government wage estimates are Ul-based in all but a- few States. Estimates of military wages and salaries have been revised to reflect Department of Defense (DOD) county estimates of military pay by branch of service and data on the geographic distribution of Coast Guard personnel. These revisions extend back through 1977; the estimates for earlier years continue to be based on DOD military strength data for major installations and on,the county distribution of military personnel from the 1970 census. The county estimates of rental income of persons (with capital consumption adjustment) have been revised to reflect tabulations of gross rent from the Individual Master File (IMF) of the Internal Revenue Serv- SURVEY OF CURRENT BUSINESS April ice. Previously, the rent estimates were based on that agency's Statistics of Income metropolitan area data (available most recently for 1971) and on the IMF county distribution of interest. The county estimates of personal royalty income previously were estimated as part of rent but now are based on the IMF county distribution of interest. The midyear population estimates used to calculate county per capita incomes have been revised by the Bureau of the Census to incorporate the results of the 1980 Census of Population. The midyear 1980 estimates were prepared at BEA by adjusting published 1980 census counts for counties to the Bureau of the Census midyear estimate for the Nation and incorporating unpublished estimates from the Bureau of the Census on Cuban and Haitian refugees who entered the United States between April and October 1980. A more detailed discussion of the county comprehensive revisions is included in Volume I, Local Area Personal Income, 1975-80 (see notice on page 71). This information can be obtained for one or more counties or SMSA's from the Regional Economic Information System of the Regional Economic Measurement Division, Bureau of Economic Analysis. For computer printouts, there is a charge of $2 for each State, SMSA, or county table. However, charges will not exceed: $500 for a complete set of SMSA tables, and $1,500 for an entire set of State and county tables for the United States. The tables are also available (at lower cost) in microfiche and magnetic tape form. The minimum charge for each request is $5. Requests should be addressed to Regional Economic Information System, BE-55, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, D.C. 20230. PERSONAL income by type of payment and labor and proprietors' income by major industry groups, as shown in table A, are available for SMSA's and for counties for 1969-80. Acknowledgments The personal income estimates were pared under the supervision of Kenneth prepared under the direction of Edwin J. P. Berkman, Chief, Proprietors' Income Coleman, Chief, Regional Economic Branch. Major responsibilities were asMeasurement Division. The comprehen- sumed by Arthur L. Sensenig. sive revisions were coordinated by Estimates of Federal military income, Linnea Hazen. Tables were prepared by transfer payments, and personal contriEunice P. James, and secretarial support butions for social insurance were prewas provided by Valeria A. Hamilton, pared under the supervision of Robert L. Regional Economic Information System Brown, Acting Chief, Quarterly Income Branch. Branch. Major responsibilities were asEstimates of civilian nonfarm wages sumed by: Gary V. Kennedy, John M. and salaries and other labor income were Reed, and Isabelle B. Whiston. prepared under the supervision of Elizabeth H. Queen, Chief, Regional Wage Residence adjustments, disclosure Branch. Major responsibilities were as- avoidance, and final preparation of the sumed by: Sharon C. Carnevale, Carol E. local area personal income accounts were Evans, Michael G. Pilot, Chen T. Pom- performed under the supervision of souvan, William E. Reid, Jr., Mary H. David W. Cartwright, Chief, and Vivian Risler, Victor Sahadachny, James M. G. Conklin, Assistant Chief, Regional Economic Information System Branch. Scott, and Phillip F. Simon. Estimates of farm income, proprietors' Major responsibilities were assumed by income, and property income were pre- Wallace K. Bailey and Paul M. Levit. Table A.—Example of Available Date for Local Areas—Personal Income by Major Sources [Thousands of dollars] New London County, Connecticut Total labor and proprietors' income by place of work: 3 By type: Wage and salary disbursements Other labor income 4 Proprietors' income Farm Nonfarm 4 By industry: Farm Nonfarm Private ... . Ag. serv., for., fish., and other 5 Mining Construction Manufacturing Nondurable goods Durable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Government and Government enterprises Federal civilian 7 Federal, military State and local Derivation of personal income by place of residence: Total labor and proprietors' income by place of work Less: Personal contributions for social insurance by place of work Net labor and proprietors' income by place of work Plus* Residence adjustment Net labor and proprietors' income by place of residence Plus: Dividends, interest, and rent 8 Plus' Transfer payments Personal income by place of residence Per capita personal income (dollars) Total population (thousands) 1980 2 1 575 578 173,187 106 126 7999 98,127 14,826 1 840 065 1,422,624 4,491 1 242 79,279 770 989 168,566 602 423 79,751 48096 153 080 40,093 245,603 417,441 84897 177,416 155 128 1,854 891 93,808 1,761,083 -47,968 1 713 115 382,681 290 629 2,386,425 9987 239.0 2. Estimates are based on 1972 SIC. 3. Consists of wage and salary disbursements, other labor income, and proprietors' income. Primary source for private nonfarm wages: ES-202 covered wages—Connecticut Employment Security Division. 4. Includes the capital consumption adjustment for nonfarm proprietors. 5. Includes wages and salaries of U.S. residents working for international organizations in the U.S. 7. The estimates for Federal military earnings have been revised for the years 1977-80. 8. Includes the capital consumption adjustment for rental income of persons. April 51 SURVEY OF CURRENT BUSINESS Table 1.—Total Personal Income and Per Capita Personal Income by SMSA for Selected Years ' Total personal income Millions of dollars Area title 1969 United States2 Sum of SMSA counties Sum of non-SMSA counties Abilene TX Akron, OH Albany GA Albany-SchenectadyTroy NY Albuquerque, NM Allentown-BethlehemEaston PA NJ 747,536 610,405 1979 Per capita personal income 1980 1,939,751 2,160,629 1,549,339 1,736,221 197980 1969 1979 Total personal income Rank in states Dollars Percent change 1980 11.39 12.06 3,714 3,996 8,638 9,511 9,167 10,153 •-••-•"• 137,131 390,412 424,408 8.71 2,825 7,028 7,556 364 2,574 243 1,158 5,651 745 1,317 6,166 823 13.66 9.13 10.50 2,908 3,807 2,567 8,480 8,557 6,721 9,437 9,316 7,285 118 128 277 2,976 1,051 331 6,706 3,503 885 7,444 3,933 1,012 11.00 12.28 14.32 3,853 3,164 2,522 8,382 7,870 5,906 9,341 8,629 6,643 125 198 299 2,189 5,628 6,296 11.87 3,716 8,890 9,865 85 6,883 9,097 399 503 950 1,549 1,031 1,718 8.56 10.93 2,947 3,145 7,528 9,870 263 84 6,102 614 494 307 908 290 970 474 19,935 2,226 1,137 871 2,551 735 2,551 1,227 22,960 2,494 1,207 970 2,799 831 2,807 1,389 15.17 12.05 6.19 11.38 9.73 13.04 10.02 13.25 4,432 10,537 11,857 4,985 12,448 14,266 3,599 8,169 8,644 2,983 6,705 7,263 4,062 9,705 10,549 2,821 6,297 7,090 3,583 8,869 9,612 2,934 6,952 7,797 12 1 195 278 42 283 107 255 Athens GA Atlanta GA Atlantic City, NJ Augusta, GA-SC Austin TX Bakersfield, CA .. Baltimore, MD Bangor, ME Baton Rouge, LA Battle Creek, MI 276 6,107 643 914 1,110 1,101 7,991 356 1,194 652 821 17,783 1,667 2,239 4,258 3,244 19,660 942 3,965 1,595 907 20,340 1,997 2,501 4,920 3,682 21,827 1,047 4,672 1,707 10.52 14.38 19.80 11.70 15.55 13.48 11.02 11.16 17.84 7.05 2,609 3,869 3,680 3,323 3,213 3,383 3,889 2,831 3,219 3,691 6,547 6,963 8,926 9,997 8,634 10,264 6,950 7,622 8,118 9,150 8,251 9,112 9,002 10,016 6,870 7,627 8,234 9,435 8,495 9,091 289 73 56 261 144 146 72 260 119 147 A/TT Beaumont-Port Arthur-Orange, TX... Bellingham, WA Benton Harbor, MI Billings, MT Biloxi-Gulfport, MS Binghamton, NY-PA.... Birmingham, AL Bismarck ND Bloomington IN Bloomington-Normal, IL. Boise City ID Boston-LowellBrocton-LawrenceHaverhill MA Bradenton, FL Bremerton, WA Bridgeport-StamfordNorwalk-Danbury, CT BrownsvilleHarlingen-San Byran-College Station, TX Buffalo, NY Burlington, NC Canton, OH Casper WY Cedar Rapids, IA Champaign-UrbanaRantoul, IL Charleston-North Charleston, SC Charleston, WV 408 1,004 1,082 7.76 3,505 8,297 9,008 159 1,149 263 614 295 471 1,095 2,418 191 225 3,363 861 1,388 985 1,165 2,361 6,882 706 593 3,771 941 1,469 1,094 1,328 2,596 7,568 782 656 12.15 9.31 5.86 11.06 13.94 9.95 9.96 10.78 10.63 3,318 3,261 3,752 3,403 2,978 3,624 3,230 3,139 2,748 9,066 10,020 8,250 8,802 7,993 8,558 9,118 10,098 6,134 6,903 7,749 8,594 8,138 8,909 9,044 9,755 6,102 6,647 71 177 201 66 292 199 169 91 298 379 411 1,035 1,508 1,101 1,680 6.37 11.47 3,699 3,724 8,756 8,932 9,216 9,689 138 99 15,735 295 396 35,028 1,141 1,327 39,670 1,329 1,490 13.25 16.44 12.25 4,273 3,136 3,911 9,544 10,803 7,947 8,933 9,432 10,140 36 168 65 4,380 10,021 11,489 14.64 5,609 12,485 14,197 2 274 1,009 1,144 13.39 1,971 5,444 303 146 5,204 322 344 1,431 215 648 534 10,842 733 890 3,436 874 1,662 629 11,780 811 1,005 3,738 1,013 1,814 17.73 8.65 10.67 12.96 8.78 15.97 9.12 2,717 5,897 6,703 3,872 8,581 9,458 3,356 7,396 8,159 3,577 7,861 8,679 3,656 8,529 9,221 4,239 12,785 14,072 4,009 9,900 10,659 295 116 235 192 137 3 38 556 1,307 1,396 6.79 3,459 7,778 8,269 226 940 874 2,810 2,425 3,169 2,626 12.78 8.28 2,814 3,394 6,609 9,065 7,347 9,718 273 95 5,413 854 3,189 74,093 1,075 6,086 971 3,471 81,130 1,228 12.45 13.70 8.83 9.50 14.24 3,669 8,679 9,528 3,248 7,578 8,530 3,218 7,527 8,118 4,730 10,429 11,394 3,190 7,762 8,520 112 203 238 16 204 12,569 13,875 10.39 3,895 8,980 9,877 82 981 19,644 2,365 737 1,039 21,387 2,691 819 5.91 8.87 13.80 11.11 2,897 6,531 6,903 4,511 10,276 11,236 3,460 7,457 8,457 3,004 7,548 8,140 293 21 207 237 1,015 756 3,677 832 310 3,014 1,593 9,414 2,537 716 3,381 1,756 10,451 2,863 796 12.19 10.23 11.02 12.85 11.21 3,236 3,225 3,683 2,899 2,871 7,437 6,651 8,565 7,907 6,629 8,264 7,326 9,537 8,754 7,366 227 276 110 182 272 9,346 283 28,198 723 32,927 793 16.77 9.69 4,078 2,675 9,769 11,041 6,434 7,074 25 284 Charlotte-Gastonia, 1,987 NC 287 Charlottesville, VA Chattanooga, TN-GA ... 1,189 Chicago, IL 32,736 322 Chico CA Cincinnati, OH-KYIN 5,361 ClarksvilleHopkinsville, TN343 KY 9,251 Cleveland, OH 802 Colorado Springs, CO... 239 Columbia, MO Columbia SC . ... Columbus, GA-AL Columbus OH Corpus Christi, TX Cumberland, MD-WV.. Dallas-Fort Worth, TX Danville, VA See footnotes at end of table. 4,909 Davenport-Rock Island-Moline, IAIL 1,402 Dayton, OH 3,417 Daytona Beach, FL 533 Decatur IL 484 Denver-Boulder, CO 4,875 Des Moines, IA . 1,260 Detroit, MI 19,494 Dubuque, IA 302 Duluth-Superior, MNWI ^ 840 Eau Claire, WI 366 El Paso, TX 1,037 Elkhart, IN 516 Elmira NY 361 Enid OK 184 Erie, Pa 914 Eugene-Springfield, OR.. 652 Evansville, IN-KY... 979 Fargo-Moorhead, NDMN 418 Fayetteville, NC 630 FayettevilleSpringdale, AR 330 Flint, MI 1,972 Florence AL 316 Florence, SC 236 Fort Collins, CO 250 Fort Lauderdale-Hollywood, FL 2,462 Fort Myers-Cape Coral, FL.; 340 Fort Smith, AR-OK 402 Fort Walton Beach, FL.. 244 FVvrt Wavno 1"NT 1,366 Fresno, CA 1,367 Gadsden, AL 258 Gainesville, FL 269 Galveston-Texas City, TX .... 571 Gary-Hammond-East Chicago, IN 2,399 Glen Falls, NY 323 Grand Forks, ND-MN .... 281 Grand Rapids, MI 1,992 Great Falls, MT. . 283 Greeley, CO 261 Green Bay, WI 511 Greensboro-WinstonSalem-High Point, NC 2,569 Greenville1,441 Spartanburg, SC 340 Hagerstown, MD Hamilton-Middletown, 791 OH 1,497 Harrisburg, Pa Hartford-New Britain4,605 Hickory, NC 368 Honolulu, HI 2,633 7,486 Houston, TX Huntington-Ashland, 853 WV-KY-OH 891 4,458 Indianapolis, IN 215 Iowa City, IA Jackson, MI 552 814 Jackson, MS 2,011 Jacksonville, FL Jacksonville, NC 284 488 Janesville-Beloit, WI 2,392 Johnson City-Kingsport-Bristol, TN1,039 VA 740 Johnstown, PA .... 314 Joplin, MO 935 Kalamazoo-Portage, MI . 358 Kankakee, IL 5,092 Kansas City, MO-KS 413 Kenosha, WI 467 Killeen-Temple, TX 1,227 Knoxville, TN 384 Kokomo IN 260 La Crosse WI 302 Lafayette LA Lafayette-West La359 fayette IN 427 Lake Charles, LA Lakeland-Winter 697 Haven FL 1,199 Lancaster, PA Lansing-East Lansing, 1,525 MI... 144 Laredo TX 182 Las Cruces, NM 1,164 Las Vegas NV 158 Lawrence KS 1979 Per capita personal income Percent change Area Title 1969 1980 Altoona, PA Amarillo, TX Anaheim-Santa AnaGarden Grove, CA Anchorage, AK Anderson IN Anderson, SC Ann Arbor, MI Anniston, AL Appleton-Oshkosh, WI . Asheville, NC TJ QV Pifir Millions of dollars 1980 197980 Dollars 1969 1979 Rank in states 1980 1980 3,653 7,432 1,778 1,165 15,990 3,421 45,927 829 3,973 8,019 2,071 1,268 18,350 3,733 48,902 892 8.74 7.90 16.45 8.80 14.76 9.13 6.48 7.62 3,908 9,513 10,322 4,047 8,964 9,639 3,192 7,100 7,983 3,879 8,805 9,629 3,995 9,985 11,301 4,043 10,163 11,016 4,416 10,542 11,208 3,356 8,872 9,494 50 104 247 106 19 26 22 115 2,167 919 2,858 1,211 738 559 2,271 2,146 2,649 2,362 1,030 3,212 1,233 820 633 2,475 2,333 2,901 8.99 12.01 12.38 1.84 11.11 13.35 8.99 8.68 9.54 3,106 3,290 2,848 4,139 3,564 3,313 3,483 3,120 3,449 8,156 8,839 7,111 7,873 6,051 6,677 8,861 8,961 7,426 8,374 8,975 10.060 8,147 8,827 8,013 8,455 8,658 9,355 173 252 297 164 214 68 174 208 124 1,180 1,492 1,268 1,659 7.46 11.17 3,614 3,011 8,612 6,112 9,195 6,697 139 296 1,189 4,980 956 676 1,087 1,323 5,257 1,054 752 1,267 11.28 5.56 10.27 11.20 16.51 2,650 3,878 2,677 2,654 3,067 6,798 7,419 9,532 10,055 7,103 7,788 6,201 6,811 7,474 8,472 267 69 256 294 206 9,265 10,932 18.00 4,133 9,392 10,737 37 1,585 1,306 728 3,424 4,444 697 936 1,869 1,439 818 3,527 4,980 763 1,070 17.92 10.23 12.32 3.00 12.06 9.46 14.35 3,417 2,548 2,902 3,841 3,348 2,805 2,664 8,231 6,470 6,541 8,952 8,777 6,770 6,409 9,086 7,058 7,413 9,188 9,647 7,384 7,055 148 285 268 140 102 270 286 46 1,809 2,047 13.17 3,344 9,284 10,424 6,018 758 727 5,331 685 937 1,473 6,427 830 804 5,749 735 1,059 1,640 6.79 9.47 10.64 7.83 7.28 13.02 11.30 3,822 3,187 2,981 3,732 3,485 3,024 3,362 9,306 6,862 7,171 8,996 8,108 7,798 8,507 9,975 7,550 7,950 9,533 9,084 8,562 9,332 75 262 249 111 149 200 127 6,857 7,648 11.55 3,591 8,380 9,223 136 4,110 886 4,644 952 13.00 7.42 3,093 3,300 7,322 7,805 8,146 8,399 236 213 2,111 3,953 2,324 4,396 10.11 11.22 3,533 3,680 8,229 8,949 8,960 9,828 165 86 10,548 978 7,110 29,307 12,012 1,070 8,022 34,549 13.88 9.35 12.83 17.89 4,510 10,062 11,395 3,378 7,644 8,197 4,363 9,437 10,492 3,804 10,456 11,861 15 233 45 11 2,329 2,268 10,777 656 1,269 2,612 5,659 611 1,202 4,973 2,532 2,508 11,794 711 1,348 2,896 6,414 664 1,281 5,562 8.71 10.55 9.43 8.49 6.24 10.84 13.33 8.80 6.62 11.84 2,968 3,189 4,081 3,161 3,867 3,180 3,246 2,828 3,760 3,913 7,508 8,112 7,438 8,108 9,272 10,082 8,054 8,684 8,359 8,877 8,265 9,016 7,841 8,675 5,396 5,876 8,597 9,170 8,900 9,883 240 241 67 191 171 155 193 302 142 80 2,866 2,029 828 2,401 868 12,839 1,150 1,400 3,561 975 724 1,366 3,107 2,152 921 2,629 919 14,032 1,268 1,555 3,983 1,018 823 1,647 8.41 6.08 11.25 9.48 5.85 9.29 10.22 11.03 11.85 4.42 13.64 20.52 2,794 2,801 2,754 3,720 3,690 4,061 3,499 3,046 3,013 3,899 3,237 2,746 6,686 7,147 7,588 8,117 6,533 7,208 8,691 9,394 8,326 8,905 9,709 10,550 9,351 10,274 6,366 7,227 7,587 8,340 9,356 9,793 7,874 9,012 9,350 10,952 282 239 280 121. 170 41 54 279 220 88 156 28 919 1,326 1,008 1,549 9.67 16.82 3,341 2,956 7,555 8,134 8,261 9,250 228 135 2,266 3,097 2,639 3,400 16.46 9.78 3,072 3,798 7,247 8,619 8,186 9,357 234 123 4,046 462 548 4,105 468 4,386 541 611 4,781 506 8.39 17.04 11.50 16.48 8.28 3,655 1,918 2,642 4,350 2,780 8,698 9,340 4,774 5,439 5,846 6,328 9,300 10,321 7,011 7,469 126 304 300 51 266 Table 1.—Total Personal Income and Per Capita Personal Income by SMS A for Selected Years 1 — Continued Total personal income Millions of dollars Area title 1969 Lawton, OK 331 Lewiston- Auburn, ME.... 296 Lexington-Fayette, KY... 905 Lima, OH 749 Lincoln, NE . 626 Little Rock-North Little Rock, AR 1,090 Long Branch-Asbury Park, NJ 1,930 370 Longview-Marshall, TX . 933 Lorain-Elyria, OH Los Angeles-Long 32,047 Beach CA 1979 1980 197980 Rank in states Dollars 1969 1979 721 702 2,616 1,847 1,726 785 786 2,921 1,966 1,897 8.80 11.98 11.65 6.47 9.92 2,927 3,257 3,474 3,594 3,787 6,271 7,047 8,258 8,452 9,149 6,962 7,873 9,161 8,987 9,812 290 253 143 163 87 3,261 3,624 11.13 3,419 8,458 9,185 141 4,910 1,176 2,331 5,518 1,363 2,516 12.39 15.84 7.93 4,279 3,181 3,673 9,823 10,940 7,950 8,958 8,541 9,132 30 166 145 75,241 85,110 13.12 4,585 10,166 11,350 17 7,715 1,664 1,132 1,805 3,008 8,425 1,863 1,242 2,015 3,362 9.20 11.96 9.79 11.62 11.77 3,725 2,980 3,171 3,182 4,031 8,476 9,275 7,928 8,782 7,367 8,088 7,123 7,893 9,458 10,364 133 179 244 250 48 866 477 2,362 1,059 2,703 1,145 14.45 8.09 3,917 3,701 8,583 8,137 9,750 8,706 92 188 300 280 1,194 969 1,365 1,076 14.32 10.97 1,676 2,987 4,334 7,461 4,808 8,102 305 242 889 2,089 2,462 17.84 4,060 7,942 8,998 161 Memphis, TM-AR-MS... Miami, FL Midland TX Milwaukee, WI Minneapolis-St. Paul, MN-WI Mobile, AL Modesto, CA Monroe, LA Montgomery, AL Muncie, IN 2,634 5,068 261 5,863 7,176 14,093 925 13,941 7,957 16,529 1,140 15,278 10.88 17.29 23.27 9.59 3,191 7,938 8,696 4,055 8,894 9,598 4,129 11,726 13,761 4,202 9,992 10,906 189 109 4 33 8,343 1,022 670 308 684 430 21,344 3,050 2,181 922 2,044 952 24,012 3,396 2,475 1,025 2,277 1,027 12.50 11.36 13.48 11.17 11.40 7.84 4,323 10,236 11,329 2,725 6,958 7,652 3,502 8,358 9,286 2,694 6,732 7,347 3,086 7,612 8,330 3,370 7,405 7,968 18 259 131 274 221 248 581 1,375 1,479 7.58 7,627 8,216 232 2,362 12,438 6,758 28,435 7,520 32,020 11.27 12.61 3,425 8,070 8,821 4,943 10,932 12,258 175 9 1,521 3,588 3,952 10.16 3,447 8,307 222 3,346 7,578 2,407 5,947 6,677 12.28 4,201 10,002 11,174 23 3,208 7,136 8,010 12.25 4,294 9,387 10,497 44 848 3,673 2,106 10,134 2,386 11,653 13.30 14.99 3,758 3,542 8,746 8,657 9,987 9,791 74 89 New York, NY-NJ Newark, NJ Newark, OH Newburgh-Middleton, NY Newport News-Hampton, VA Norfolk-Virginia Beach-Portsmouth, VA-NC Northeast Pennsylvania PA Ocala, FL Odessa, TX 47,869 9,803 355 90,362 20,454 936 101,432 23,053 1,024 12.25 12.71 9.41 4,827 9,867 11,087 4,817 10,350 11,689 3,352 7,802 8,444 24 13 210 833 2,044 2,281 11.56 3,816 7,867 8,765 181 2,837 3,183 12.20 3,409 7,729 8,714 186 2,305 6,205 6,983 12.53 3,204 7,722 8,636 196 1,982 180 294 4,810 734 995 5,278 855 1,188 9.75 16.53 19.35 3,189 2,649 3,339 7,478 8,223 6,231 6,966 8,931 10,271 231 288 55 Oklahoma City, OK Olympia, WA Omaha, NE-IA Orlando FL Owensboro, KY Oxnard-Simi ValleyVentura, CA ; Panama City, FL Parkersburg-Marietta, WV-OH Pascagoula-Moss Point, MS Paterson-CliftonPassaic NJ 2,410 289 2,085 1,490 249 7,496 1,126 5,243 5,274 694 8,692 1,274 5,749 6,171 759 15.96 13.17 9.65 17.00 9.36 3,583 3,835 3,903 3,371 3,169 9,192 10,394 9,445 10,227 9,146 10,054 7,763 8,781 8,114 8,807 47 60 70 180 176 1,363 192 4,568 630 5,255 719 15.04 14.12 3,684 2,595 8,919 6,458 9,894 7,336 79 275 460 1,236 1,365 10.44 3,143 7,670 8,365 217 242 777 818 5.17 2,852 6,573 6,911 291 1,897 4,097 4,582 11.83 4,116 9,107 10,206 61 Pensacola FL Peoria, IL Petersburg-Colonial Heights-Hopewell, VA Philadelphia, PA-NJ Phoenix AZ Pine Bluff, AR 706 1,349 1,949 3,595 2,177 4,004 11.72 11.39 2,952 3,966 6,740 7,495 9,908 10,919 265 32 416 19,691 3,468 222 9,076 571 760 968 43,110 12,618 617 21,042 1,184 2,003 1,084 47,951 14,568 683 23,268 1,314 2,269 11.91 11.23 15.45 10.71 10.58 10.94 13.30 3,191 4,128 3,666 2,603 3,781 3,836 3,535 7,400 8,361 9,131 10,142 8,661 9,637 6,894 7,514 9,265 10,253 8,143 9,033 8,222 9,256 218 64 105 264 58 152 134 3,994 11,849 13,262 11.93 4,010 9,744 10,650 39 1,058 883 3,192 2,126 3,618 2,384 13.36 12.15 3,372 4,040 7,749 8,779 8,689 9,707 190 97 11.59 9.48 7.93 8.44 3,703 2,433 2,998 3,783 8,409 9,457 5,590 5,886 7,778 8,369 9,503 10,229 117 301 215 59 Pittsfield MA Portland ME PrvH-land CVR WA Portsmouth-DoverRochester, NH-ME Poughkeepsie, NY Providence-WarwickPawtucket RI Provo-Orem, UT Pueblo CO Racine WI 3,110 327 353 644 7,354 1,175 979 1,637 8,206 1,287 1,057 1,775 1. Detail may not add to higher level totals because of rounding. Percent change was calculated from unrounded data. 2. The personal income level shown for the United States differs from that in the national Area title 1969 1979 Raleigh-Durham, NC Reading PA Redding, CA Reno NV Richland Kennewick Pasco WA Richmond VA Riverside-San Bernardino-Ontario, CA Roanoke, VA Rochester, MN Rochester, NY Rockford IL Rock Hill SC Per capita personal income Percent change 1980 1980 3,189 535 422 714 1,128 1,131 Millions of dollars 1980 Louisville, KY-IN Lubbock, TX Lynchburg VA Macon, GA Madison WI Manchester-Nashua, NH Mansfield OH Mcallen-PharrEdinburg TX Medford OR Melbourne-TitusvilleCocoa, FL Muskegon-Norton Shores-Muskegon Heights, MI Nashville-Davidson, TN Nassau-Suffolk, NY New Bedford-Fall River, MA New Brunswick-Perth Amboy-Sayreville, NJ . New Haven-Waterbury-Meriden, CT New London-Norwich, CT New Orleans LA Total personal income Per capita personal income Percent change 197980 Rank in states Dollars 1969 1979 1980 1980 1,430 1,133 257 564 4,433 2,782 882 2,126 4,991 3,094 991 2,401 12.59 11.20 12.38 12.92 3,495 8,512 9,383 3,851 8,915 9,875 3,363 7,862 8,547 4,765 11,358 12,371 328 2,151 1,339 5,967 1,492 6,730 11.35 12.79 3,623 3,957 9,711 10,300 9,530 10,623 52 40 3,828 687 312 4,123 1,094 237 12,246 1,824 888 8,901 2,598 734 14,065 2,039 997 9,998 2,792 823 14.85 11.83 12.30 12.32 7.46 12.19 3,412 3,400 3,787 4,352 4,072 2,822 8,181 9,011 8,068 9,060 9,684 10,812 9,129 10,262 9,381 9,965 7,047 7,696 157 150 35 57 76 258 Sacramento CA Saginaw, MI St Cloud MN St Joseph MO St. Louis, MO-IL Salem OR Salinas-SeasideMonterey CA Salisbury-Concord, NC... Salt Lake City-Ogden, UT San Anselo TX 3,059 791 348 326 9,454 593 9,097 2,079 1,088 772 22,089 1,916 10,352 2,205 1,206 840 24,317 2,110 13.80 6.03 10.87 8.80 10.08 10.15 3,901 3,608 2,734 3,254 3,996 3,232 9,181 10,185 9,170 9,644 6,744 7,370 7,554 8,226 9,369 10,300 7,865 8,425 63 103 271 230 53 211 1,022 515 2,853 1,302 3,180 1,463 11.46 12.39 4,005 3,174 9,944 10,922 7,148 7,886 31 251 2,243 216 6,958 671 7,834 767 12.59 14.23 3,209 3,023 7,651 8,098 8,347 9,025 219 154 San Antonio TX San Diego, CA San FranciscoOakland, CA San Jose CA Santa Barbara-Santa Maria-Lompoc, CA Santa Cruz, CA Santa Rosa CA Sarasota, FL 2,773 5,352 7,901 16,271 9,075 18,592 14.85 14.27 3,153 3,991 7,465 8,903 8,445 9,962 209 77 15,205 4,626 37,323 13,751 42,382 15,965 13.55 16.09 4,923 11,568 12,998 4,477 10,816 12,297 5 8 1,059 460 755 504 658 2,905 1,599 2,526 1,956 1,661 3,277 1,831 2,900 2,289 1,865 12.81 14.52 14.83 17.01 12.31 4,040 9,834 10,948 3,761 8,686 9,708 3,760 8,653 9,650 4,383 10,032 11,287 3,195 7,239 8,065 29 96 101 20 246 6,341 425 347 251 1,052 411 334 1,039 971 697 16,766 998 904 701 2,911 1,021 991 2,366 2,748 1,745 19,137 1,111 985 786 3,321 1,094 1,069 2,533 3,082 1,860 14.14 11.31 8.92 12.05 14.08 7.11 7.90 7.07 12.15 6.63 4,512 10,755 11,882 3,339 7,804 8,636 3,635 8,975 9,733 3,037 8,012 8,727 3,148 7,814 8,797 3,549 8,600 9,289 3,526 9,281 9,750 3,720 8,429 9,000 3,523 8,203 8,994 4,100 9,306 9,882 10 197 94 185 178 130 93 160 162 81 525 649 1,544 1,416 1,723 1,526 11.60 7.82 3,148 3,523 7,514 7,667 8,275 8,282 225 224 2,159 262 4,674 722 5,212 808 11.52 11.99 3,728 2,702 8,023 6,419 8,938 7,153 167 281 551 1,071 2,301 1,562 293 1,440 2,951 5,166 4,028 1,084 1,542 3,407 5,704 4,529 1,249 7.03 15.43 10.42 12.45 15.22 3,333 3,760 3,643 3,852 2,771 8,913 8,722 8,014 8,512 7,099 9,430 9,785 8,859 9,305 7,810 120 90 172 129 254 3,514 11,787 13,750 16.66 3,295 7,690 8,731 184 546 1,343 1,470 9.40 3,107 7,702 8,303 223 340 2,914 638 1,249 1,160 1,956 290 309 1,178 890 6,926 1,652 2,987 3,994 6,153 878 1,061 2,355 943 7,541 1,798 3,359 4,615 7,162 972 1,194 2,597 5.96 8.88 8.82 12.47 15.54 16.39 10.64 12.50 10.29 3,109 3,861 3,557 4,084 3,363 3,607 2,487 3,237 3,455 7,028 7,409 8,766 9,505 9,011 9,674 9,635 10,884 7,633 8,666 9,216 10,359 6,478 7,052 8,428 9,278 7,275 8,092 269 113 100 34 194 49 287 132 243 931 152 2,837 563 3,252 663 14.63 17.67 3,797 2,788 8,775 8,440 9,701 9,612 98 108 418 1,005 1,115 10.88 3,462 7,503 8,369 216 570 458 1,867 1,278 2,008 1,442 11.87 12.84 3,067 3,053 7,775 7,551 8,478 8,425 205 212 13,403 35,169 39,492 12.29 4,694 11,493 12,871 457 1,285 1,411 9.87 Seattle-Everett, WA Sharon, Pa Sheboygan WI Sherman-Denison, TX.... Sioux City, IA-NE Sioux Falls SD South Bend, IN Spokane, WA Springfield, IL Springfield, MO Springfield OH Springfield-ChicopeeHolyoke MA State College, PA Steubenville-Weirton, OH-WV Stockton CA Syracuse NY Tacoma WA Tallahassee, FL Tampa-St. Petersburg, FL Terre Haute, IN Texarkana, TX-Texarkana, AR Toledo, OH-MI Topeka KS Trenton NJ Tucson, AZ Tulsa, OK Tuscaloosa AL Tyler TX Utica-Rome, NY Vallejo-Fairfield-Napa, CA Victoria TX Vineland-MillvilleBridgeton, NJ Visalia-TulareWaco, TX Washington, DC-MDVA Waterloo-Cedar Falls, IA Wausau WI West Palm Beach-Boca Raton FL Wheeling, WV-OH Wichita, KS Wichita Falls, TX Williamsport, PA Wilmington, DE-NJMD Wilmington, NC Worchester-FitchburgLeominster, MA Yakima WA York, PA Youngstown-Warren, OH Yuba City, CA 3,482 3,051 122 83 202 7 6 9,432 10,206 7,654 8,240 62 229 295 846 919 8.58 1,389 590 5,604 1,512 6,662 1,620 18.87 7.14 4,125 10,172 11,554 3,252 8,107 8,708 14 187 1,464 452 371 4,008 1,139 888 4,534 1,301 959 13.12 14.22 8.01 3,760 3,469 3,285 9,841 10,994 8,737 9,933 7,423 8,077 27 78 245 2,168 303 4,918 956 5,524 1,076 12,32 12.51 4,405 2,884 9,333 10,515 6,993 7,710 43 257 2,390 456 1,227 5,238 1,345 3,102 5,838 1,512 3,450 11.46 12.44 11.22 3,769 3,224 3,767 8,068 7,956 8,212 9,011 8,743 9,027 158 183 153 1,992 298 4,712 833 5,059 926 7.37 11.16 3,742 3,448 8,884 8,280 9,498 9,060 114 151 income and product accounts, primarily because it omits income received by Federal Government employees overseas. SURVEY OF CURRENT BUSINESS April 53 Table 2.—-Total Personal Income and Per Capita Personal Income by County for Selected Years1 Per capita personal income Total personal income Millions of dollars Area title 1969 1979 1980 197980 1969 1979 747,536 1,939,751 2,160,629 11.39 3,714 8,638 610,405 1,549,339 1,736,221 390,412 137,131 424,408 12.06 8.71 3,996 2,825 9,167 10,153 7,028 7,556 9,511 9,285 6,271 3,014 62 152 49 28 61 21 45 26,369 17,783 8,586 208 519 141 87 168 72 115 28,988 19,665 9,323 226 565 151 95 186 73 126 9.93 10.59 8.58 8.97 9.02 6.61 9.15 10.81 1.66 9.39 2,699 2,985 2,251 2,461 2,661 2,058 1,864 2,292 1,678 1,968 6,815 7,425 5,824 6,481 6,772 5,781 5,601 4,678 6,625 5,442 7,434 8,136 6,290 7,001 7,192 6,067 6,032 5,101 6,848 5,809 17 11 42 45 65 19 51 Calhoun Chambers Cherokee Chilton Choctaw Clarke Clay Cleburne Coffee Colbert 290 91 36 56 32 57 27 25 89 133 735 235 101 169 91 159 72 63 257 382 831 259 108 184 100 175 83 70 271 420 13.04 10.20 6.74 8.45 9.76 10.36 14.99 10.93 5.37 10.10 2,821 2,398 2,283 2,119 1,713 2,030 2,065 2,234 2,468 2,619 6,297 5,990 5,413 5,555 5,409 5,750 5,203 5,000 6,793 7,054 7,090 6,605 5,729 5,984 5,948 6,318 6,053 5,518 7,015 7,689 12 24 54 47 48 36 43 58 16 8 Conecuh Coosa Covington Crenshaw Cullman Dale Dallas DeKalb Elmore Escambia 29 21 83 26 127 146 134 94 78 83 84 60 221 68 372 256 316 280 274 232 87 67 235 71 401 293 345 303 306 254 4.39 11.59 6.51 4.70 7.86 14.51 9.23 7.92 11.70 9.27 1,749 1,913 2,376 1,886 2,442 2,925 2,373 2,203 2,365 2,424 5,258 5,163 5,951 4,812 6,048 5,520 5,797 5,242 6,361 6,127 5,493 5,876 6,364 5,018 6,490 6,117 6,372 5,626 7,032 6,597 59 49 33 66 28 40 32 55 14 25 258 35 55 52 16 26 27 154 88 2,130 697 113 168 156 53 79 89 529 332 5,744 763 125 185 161 57 81 93 585 355 6,316 9.46 10.48 10.26 2.94 7.91 2.67 4.30 10.56 6.78 9.95 2,805 2,058 2,358 2,541 1,204 1,401 1,912 2,732 2,344 3,391 6,770 6,181 5,827 6,542 4,870 4,967 5,923 7,079 6,438 8,552 7,384 6,636 6,515 6,625 5,158 5,193 6,052 7,814 6,884 9,387 10 22 27 23 64 62 44 6 18 1 Lamar Lauderdale Lawrence Lee Limestone Lowndes Macon Madison Marengo Marion 30 183 53 144 94 21 51 659 49 53 101 574 153 438 273 74 127 1,576 137 168 110 634 160 494 294 74 139 1,751 146 181 8.33 10.38 4.58 12.76 7.84 -.15 9.34 11.14 7.11 7.84 1,970 2,720 1,947 2,579 2,257 1,412 1,994 3,610 1,768 2,203 6,263 7,136 5,050 5,761 6,064 5,529 4,779 8,083 5,404 5,621 6,664 7,855 5,287 6,456 6,383 5,545 5,166 8,871 5,829 6,006 21 5 60 29 31 56 63 2 50 46 Marshall Mobile Monroe Montgomery Morgan Perry Pickens Pike Randolph Russell 138 870 43 545 219 26 39 55 38 101 420 2,531 140 1,562 617 71 116 163 103 272 462 2,831 145 1,745 673 71 124 175 115 297 10.12 11.84 3.62 11.67 9.05 .45 7.09 7.89 11.96 9.19 2,496 2,736 1,932 3,328 2,961 1,460 1,938 2,258 2,030 2,176 6,455 6,997 6,228 8,078 6,817 4,780 5,313 5,930 5,190 5,698 7,026 7,751 6,396 8,833 7,443 4,730 5,770 6,238 5,736 6,262 15 7 30 3 9 67 52 38 53 37 St. Clair Shelby Sumter Talladega Tallapoosa Tuscaloosa Walker Washington Wilcox Winston 64 93 29 164 88 290 132 31 27 41 230 409 91 424 226 878 498 94 72 132 252 453 94 468 254 972 547 105 77 140 9.45 10.60 3.26 10.27 11.96 10.64 9.69 11.61 6.57 5.84 2,289 2,579 1,601 2,446 2,493 2,487 2,328 1,928 1,519 2,456 5,688 6,352 5,391 5,769 5,782 6,478 7,216 5,579 5,003 5,941 6,102 6,814 5,543 6,319 6,540 7,052 7,945 6,208 5,207 6,351 41 20 57 35 26 13 4 39 61 34 1,259 614 644 4,568 2,226 2,342 5,139 2,494 2,645 12.52 12.05 12.96 4,253 11,320 12,759 4,985 12,448 14,266 3,731 10,423 11,604 37 614 1 10 11 4 6 7 200 5 72 2,226 4 54 59 11 28 22 674 15 83 2,494 5 59 68 11 31 25 720 18 14.03 12.05 45.71 10.46 15.03 5.91 10.32 12.80 6.89 18.86 4,671 9,248 9,945 4,985 12,448 14,266 1,376 6,266 7,443 2,906 14,182 15,686 1,439 6,064 6,997 3,296 9,662 10,187 1,602 6,777 7,622 3,950 9,736 11,281 4,468 12,269 13,308 3,577 8,901 10,580 20 4 25 2 27 17 23 13 5 16 73 47 42 8 269 199 137 30 308 229 171 35 14.33 14.99 24.43 16.75 5,468 13,558 15,732 3,406 9,600 10,158 4,201 12,353 15,084 1,883 6,187 7,225 1 18 23 26 Alaska SMSA counties Non-SMSA counties Census divisions: Aleutian Islands Anchorage Barrow-North Slope Bethel Bristol Bay Borough Bristol Bay Cordova McCarthy Tj • Kenai-Cook Inlet Ketchikan Kobuk See footnotes at end of table. 1969 1979 Per capita personal income Percent change Area title 1980 United States Etowah Fayette Franklin Geneva Greene Hale Henry Houston Jackson Jefferson Millions of dollars 1980 SMSA counties Non-SMSA counties Alabama SMSA counties Non-SMSA counties Autauga Baldwin Barbour Bibb Blunt Bullock Butler Total personal income Rank in state Dollars Percent change 1980 197980 Rank in state Dollars 1969 1979 1980 1980 Kodiak Kuskokwim Matanuska-Susitna Nome Outer Ketchikan Prince of Wales Seward Sitka ... Skagway-Yakutat Southeast Fairbanks 36 5 23 13 5 8 7 27 7 12 Upper Yukon Valdez-ChitinaWhittier Wade Hampton Wrangell-Petersburg Yukon-Koyukuk 6 17 19 9.56 10 5 18 13 62 17 54 62 77 20 68 65 23.23 18.70 26.74 5.58 5,848 4,628 1,220 69 183 133 71 36 33 3,468 20,963 16,613 4,350 263 545 471 280 108 100 12,618 24,013 19,183 4,830 284 611 529 304 125 104 14,568 14.55 15.47 11.03 7.83 12.13 12.36 8.45 15.11 3.99 15.45 3,366 3,585 2,735 2,030 3,017 2,752 2,468 2,207 3,213 3,666 7,945 8,390 6,607 5,050 6,321 6,416 7,684 5,104 8,167 8,661 8,814 9,384 7,101 5,437 7,034 7,040 8,177 5,449 9,078 9,637 14 11 10 5 13 2 1 83 91 1,160 193 37 113 177 378 382 3,994 582 132 505 603 426 423 4,615 647 149 584 643 12.83 10.55 15.54 11.29 13.09 15.79 6.50 3,385 1,954 3,363 2,871 2,712 3,164 2,963 7,297 5,758 7,633 6,501 6,720 7,663 7,226 7,638 6,229 8,666 7,105 7,285 8,553 7,081 6 12 3 8 7 4 9 4,890 2,168 2,722 71 58 39 132 49 28 12 15,263 6,674 8,589 199 163 179 552 177 84 31 16,462 7,352 9,109 193 171 207 620 194 90 34 7.85 10.17 6.06 9 83 5.21 15.80 12.39 9.66 6.48 9.04 2,556 2,993 2,290 3,029 2,338 2,653 2,691 2,617 2,196 2,092 6,726 7,568 6,192 8,242 6,078 6,599 7,209 6,975 6,002 5,149 7,185 8,196 6,534 7,974 6,430 7,536 7,921 7,434 6,484 5,556 6 34 8 7 10 29 65 Crawford 30 34 48 43 21 13 62 39 134 54 101 88 140 130 96 41 172 114 435 205 109 '81 154 128 106 46 192 126 458 222 7.64 8 61 10.04 -1.95 11.05 12.17 11.38 9.90 5.42 8.43 2,468 1,845 2,213 2,230 2,023 1,938 2,381 2,374 2,591 2,141 6,501 4,892 5,926 6,152 5,726 5,270 6,544 5,910 6,862 5,634 6,720 4,523 6,591 6,178 6,271 5,793 7,182 6,436 7,231 6,012 20 73 24 45 40 57 14 32 12 52 Crittenden Cross Dallas Desha Drew P, ,,. Fulton Garland Grant 107 45 21 41 30 72 25 13 152 25 307 141 63 114 100 276 83 44 507 81 314 132 68 113 103 299 90 49 572 90 2.27 -6.61 9.35 -.51 3.14 8.32 8.38 11.22 12.71 10.70 2,220 2,287 2,071 2,172 1,998 2,353 2,207 1,660 2,830 2,575 6,235 6,730 5,883 5,734 5,507 6,118 5,647 4,519 7,242 6,303 6,372 6,423 6,485 5,707 5,747 6,466 6,082 4,944 8,156 6,900 38 35 28 63 60 31 48 69 4 18 Greene Hempstead Hot Spring. . Jefferson Johnson Lafavette 55 45 58 28 54 14 47 222 28 22 186 146 174 100 188 59 139 617 98 57 197 153 196 108 209 69 136 683 107 60 5.54 5.23 12.43 7.30 11.13 17.56 -2.13 10.71 8.84 4.45 2,214 2,309 2,636 2,459 2,421 1,848 2,285 2,603 2,041 2,140 5,981 6,299 6,519 7,490 6,505 5,642 6,338 6,894 5,624 5,575 6,383 6,479 7,274 7,980 6,928 6,415 6,260 7,514 6,130 5,826 37 30 11 5 17 36 41 9 46 54 Lawrence Lee Lincoln Little River Logan Lonoke Madison Marion Miller Mississippi 34 32 26 28 35 62 19 13 91 141 121 77 64 94 108 242 61 59 250 391 123 73 65 94 121 245 66 66 259 391 2.27 5 16 .35 15 1.09 8.37 11.39 3.51 -.12 2,097 1,684 1,974 2,566 2,071 2,381 1,980 1,842 2,742 2,241 6,609 4,861 4,838 6,470 5,380 7,070 5,590 5,223 6,689 6,471 6,665 4,665 4,821 6,714 6,003 7,075 5,787 5,820 6,837 6,552 23 72 70 21 53 15 58 55 19 25 Monroe Montgomery Nevada Newton Ouachita Perry Phillips Pike Poinsett Polk 31 11 21 8 80 8 84 17 62 28 85 38 63 26 198 39 190 58 184 92 81 42 69 29 220 42 186 63 176 103 -4.39 10.51 10.16 10.24 11.25 8.73 2.03 7.45 -4.05 11.38 1,970 1,915 2,024 1,306 2,591 1,510 2,072 1,966 2,263 2,105 5,992 5,006 5,580 3,412 6,506 5,146 5,343 5,619 6,679 5,379 5,765 5,406 6,239 3,717 7,197 5,796 5,337 6,020 6,503 6,021 59 66 42 75 13 56 67 51 27 50 SMSA counties Non-SMSA counties Cochise Gila Greenlee Maricopa N Pima Pinal Y Y P Arkansas SMSA counties Non-SMSA counties Ashley Baxter T, Bradlev Calhoun Carroll .. Chicot Clark Clay Cleburne Cleveland p v_/onway.... Independence Izard 113 12 164 47 15 22 30 88 23 41 126 15 194 54 16 30 34 97 25 42 11.57 22.48 17.99 15.36 7.91 34.71 12.32 10.23 10.89 1.47 mi 12,690 5,748 10,846 8,214 12,004 11,991 11,967 12,360 9,098 7,462 6 28 15 22 10 11 12 9 21 24 9,190 10,129 19 3,328 9,772 12,542 1,251 3,636 4,325 3,643 8,747 11,022 2,740 11,820 12,429 7 29 14 8 3,849 2,049 3,524 2,361 3,023 4,045 3,190 4,481 3,327 2,999 5,085 12,012 4,491 10,129 7,060 10,533 8,578 10,731 11,461 8,225 7,502 54 SURVEY OF CURRENT BUSINESS April Table 2.—-Total Personal Income and Per Capita Personal Income by County for Selected Years l—Continued Per capita personal income Total personal income Millions of dollars Area title 1979 1980 197980 1969 1979 Millions of dollars 1969 6,534 5,746 9,574 5,735 6,130 6,681 5,632 4,521 8,750 6,037 26 61 1 62 47 22 64 74 2 49 Clear Creek Conejos Costilla Crowley Custer Delta Denver Dolores Douglas Eagle 91 43 421 70 702 328 71 106 14.88 11.66 11.02 13.84 10.31 7.73 -9.70 8.16 2,082 1,410 3,091 1,730 2,624 2,178 2,289 2,251 5,543 4,381 7,577 4,646 6,477 6,087 7,020 5,616 6,203 4,748 8,405 5,209 7,026 6,431 6,327 6,207 44 71 3 68 16 33 39 43 Elbert El Paso Fremont Garfield. . .. Gilpin Grand Gunnison 228,008 218,629 9,379 11,246 7 159 1,075 140 169 7,082 259,339 248,898 10,441 12,719 8 180 1,228 165 171 8,068 13.74 13.84 11.32 13.10 10.50 13.34 14.24 18.03 1.48 13.91 4,282 9,805 10,929 4,322 9,897 11,049 3,415 8,050 8,690 4,365 10,230 11,478 3,726 6,008 7,001 3,613 8,554 9,311 3,190 7,762 8,520 3,092 7,055 7,934 5,522 13,034 13,349 4,600 11,017 12,246 8 57 27 44 53 4 6 49 160 1,367 66 347 272 52 1,101 191 64 141 667 4,444 204 882 749 147 3,244 532 252 156 755 4,980 218 979 804 169 3,682 582 290 10.97 13.17 12.06 6.48 11.02 7.33 15.45 13.48 9.40 14.88 3,471 3,707 3,348 3,844 3,511 3,692 3,372 3,383 2,905 3,404 7,871 8,570 8,273 8,780 8,777 9,647 9,733 10,166 8,181 9,041 8,315 8,708 8,259 9,434 8,251 9,112 7,237 7,880 7,267 7,956 40 37 22 14 32 39 24 31 54 52 Lassen Los Angeles Madera Marin Mariposa Mendocino Merced Modoc Mono Monterey 56 32,047 128 1,158 22 167 334 26 12 1,022 162 75,241 485 3,070 91 532 1,138 74 60 2,853 177 85,110 541 3,529 100 584 1,252 80 72 3,180 9.23 13.12 11.54 14.97 10.11 9.69 10.04 8.72 19.88 11.46 3,358 7,659 8,144 4,585 10,166 11,350 8,065 8,556 3,115 5,689 13,773 15,793 3,769 8,532 8,966 3,358 8,184 8,726 3,302 8,635 9,283 3,617 8,737 9,293 3,167 7,335 8,379 4,005 9,944 10,922 49 9 41 1 33 38 30 28 47 11 Napa Nevada Orange Placer Plumas Riverside Sacramento 327 84 6,102 268 42 1,605 2,462 69 2,223 5,352 927 353 19,935 970 124 5,406 7,136 184 6,840 16,271 1,046 406 22,960 1,111 141 6,203 8,092 214 7,862 18,592 12.91 15.09 15.17 14.55 13.87 14.74 13.41 16.69 14.94 14.27 4,262 9,379 10,521 3,307 7,302 7,849 4,432 10,537 11,857 3,539 8,599 9,451 3,647 7,400 8,097 3,564 8,446 9,320 3,979 9,285 10,305 3,815 7,551 8,550 3,310 7,983 8,781 3,991 8,903 9,962 12 55 7 23 50 26 13 42 36 16 3,935 1,071 330 2,973 1,059 4,626 460 257 8 116 8,233 2,951 1,206 7,693 2,905 13,751 1,599 882 23 315 9,389 3,407 1,373 8,677 3,277 15,965 1,831 991 28 338 14.04 15.43 13.80 12.80 12.81 16.09 14.52 12.38 20.03 7.51 5,418 12,181 13,791 3,760 8,722 9,785 3,216 7,997 8,816 5,383 13,137 14,717 4,040 9,834 10,948 4,477 10,816 12,297 3,761 8,686 9,708 3,363 7,862 8,547 3,323 7,545 8,929 3,526 8,118 8,498 3 19 35 2 10 5 20 43 34 45 604 755 670 156 98 22 570 71 1,363 329 142 1,910 2,526 2,181 472 275 74 1,867 235 4,568 991 362 2,206 2,900 2,475 520 302 83 2,088 272 5,255 1,149 406 15.47 14.83 13.48 10.30 9.92 12.28 11.87 15.80 15.04 15.89 12.29 3,585 3,760 3,502 3,743 3,372 2,972 3,067 3,347 3,684 3,666 3,172 8,510 9,355 8,653 9,650 8,358 9,286 9,124 9,932 7,369 7,756 6,348 6,956 7,775 8,478 7,155 8,005 8,919 9,894 9,048 10,111 7,389 8,144 25. 21 29 17 56 58 46 51 18 15 48 7,730 6,541 1,189 627 25 692 7 17 15 451 25,482 21,358 4,124 2,221 92 2,945 25 47 44 1,676 29,053 24,424 4,628 2,552 94 3,419 27 48 42 1,925 14.01 14.36 12.23 14.90 1.79 16.10 7.68 1.91 -3.83 14.84 3,569 8,944 10,033 3,765 9,245 10,431 2,776 7,650 8,352 3,433 9,028 10,350 2,348 7,922 7,922 4,407 10,580 11,615 2,825 7,258 7,467 2,930 8,654 8,869 2,196 7,359 7,131 3,483 8,959 10,129 10 39 4 42 22 49 12 27 8 102 ' 21 2,673 3,451 25 36 . . . .. 17 10 142 14 197 84 27 32 79 38 379 61 637 304 79 98 84,402 81,464 2,938 4,627 1 41 322 41 68 2,513 Sharp Stone Union Van Buren Washington White Woodruff Yell California SMSA counties Non-SMSA counties Alameda Alpine Araador Butte Calaveras Colusa Contra Costa DelNorte El Dorado Fresno Glenn Humboldt Imperial Inyo Kern Kings Lake Sfl Rprnardino San Diego an ra S , * oan doaquin 11 q jwf P° Santa Barbara Santa Clara Shasta Sierra 0 1 Sonoma Stanislaus Sutter Tehama Trinity Tulare V t Yolo Yuba Colorado SMSA counties Non-SMSA counties Alamosa A H l t Baca Bent ... Chaff ee y See footnotes at end of table. 13.70 116 17 -18.17 1979 1980 1980 6,068 6,881 8,820 5,620 5,935 6,116 5,334 4,145 7,956 5,963 7,850 9,829 8,760 8,103 2,805 8,790 10,288 3,147 9,047 9,807 2,449 6,332 7,108 2,500 6,015 6,815 3,205 7,234 8,776 2,669 7,351 7,741 2,909 5,254 8,137 2,137 5,413 5,981 3,684 12,271 11,612 4,742 12,204 13,989 11 15 50 53 24 40 35 59 5 1 98 1,057 66 90 149 22 5 18 31 88 1.28 7.93 23.59 16.07 18.41 6.50 23.21 22.64 -5.69 20.83 3,116 2,998 3,313 2,039 2,966 1,585 1,974 2,006 3,856 2,276 7,209 7,462 7,778 8,369 8,971 10,561 7,353 8,563 9,716 11,100 5,342 5,698 5,110 6,454 5,191 5,747 9,681 9,515 8,511 9,924 43 33 9 27 7 62 54 61 16 14 60 48 1,059 90 14.19 4 33 13.02 4.03 13.67 13.71 13.18 14.64 14.03 13.75 13.42 12.25 13.30 13.15 11.94 12.12 13.32 8.88 8.81 13.32 8.94 3,013 3,315 3,024 3,267 4,664 4,700 4,220 5,609 4,619 4,566 4,342 4,294 3,758 3,820 3,631 4,289 4,658 3,413 3,244 4,658 3,585 14.43 16.62 2 69 14.97 12.54 16.51 8.36 1.19 6.93 17.34 2 20 31 46 62 62 5 5 15 28 7 111 103 141 158 166 10 25 54 130 8 129 118 166 198 175 16 32 53 145 40 353 16 22 19 6 2 4 14 6 97 979 54 78 126 21 4 15 33 73 10 18 261 28 13,991 13,040 951 .... 4,380 3,735 648 486 3,208 848 384 303 52 50 937 86 32,043 29,812 2,231 10,021 8,366 1,524 1,227 7,136 2,106 955 707 2,316 1,769 547 262 1,769 285 5,476 3,990 1,486 720 3,990 766 SMSA counties Non-SMSA counties Kent New Castle District of Columbia Charlotte Citrus Clay Collier Columbia Dade De Soto Dixie 19.41 15.83 13.93 18.03 25.27 5.56 50.27 29.80 -2.52 11.19 4,169 16 67 81 203 1,267 105 38 182 705 o M'eu \ Sedgwick Summitt Florida SMSA counties Non-SMSA counties Alachua Baker Bay Bradford Brevard Broward Calhoun 6 31 23 19 47 30 52 38 18 26 3,643 14 69 71 180 1,087 97 37 170 601 Rio Grande Routt Saguache Connecticut SMSA counties Non-SMSA counties Fairfield Hartford Litchfield Middlesex ... New Haven New London Tolland Windham 9,858 11,188 7,466 8,375 9,074 8,790 7,979 9,166 6,617 7,378 7,474 8,472 6,655 7,056 8,182 8,071 8,838 9,174 7,811 8,630 928 11 28 24 50 250 36 15 60 156 Pueblo Weld 4,027 5,433 3,708 2,912 2,586 3,067 2,308 3,193 3,112 2,874 -3.17 13.79 11.49 21.61 23.65 11.46 18.72 8.36 11.93 42.41 Park Phillips Pitkin Teller 48 29 46 13 57 20 55 58 56 37 49 2,631 213 227 15 68 69 2 40 15 Otero 1980 8,228 7,192 7,478 8,484 6,670 7,394 8,522 10,039 5,359 6,039 8,420 9,026 5,825 6,431 4,513 5,990 5,436 6,177 5,992 8,090 51 2,313 191 186 12 61 58 2 36 11 Montrose 1980 2,785 3,466 2,609 3,106 2,211 2,837 2,328 1,500 1,872 1,069 11 793 56 44 3 11 15 (*) 13 2 Mineral Moffat 1979 32 63 60 34 44 51 2 41 3 8 17.56 61 32 -5.60 18 3.86 5.24 24 11 -14.96 11.38 150 14.10 5,978 7.96 12 294 15.62 146 14.87 • • 1969 3,234 7,466 8,370 1,550 4,398 4,139 1,409 5,612 5,967 2,543 8,249 8,165 2,444 8,667 7,457 2,400 6,523 7,066 4,192 10581 12,135 2,747 7,597 7,471 3,834 10,999 11,647 3,209 9,569 11,065 52 34 18 23 13 135 5,239 12 254 127 Jefferson • 197980 15 12 4 8 3 37 2,143 4 30 23 Huerfano Jackson Kit Carson Lake La Plata T A ' Lincoln Logan Mesa Rank in state change 1980 2,290 2,228 3,512 1,923 2,158 2,676 1,885 1,473 3,146 2,230 230 69 2,944 94 184 316 51 37 751 82 Dollars Per- Area title 10.88 255 58 -15.43 3,270 11.05 97 3.03 3.17 190 11.90 354 55 7.51 40 9.11 834 11.01 85 3.64 64 23 995 24 67 95 15 11 246 25 Per capital personal income Total personal income Rank in state change 1969 Pope Prairie Pulaski Randolph St. Francis Saline Scott Searcy Sebastian Sevier Dollars Per- 36,423 33,898 2,525 11,489 9,540 1,734 1,392 8,010 2,386 1,080 792 6,140 4,521 1,618 784 4,521 835 6,623 10,242 7,798 8,971 10,337 10,453 9,001 12,485 10,386 9,794 9,560 9,387 8,746 8,341 7,664 9,144 9,921 7,557 7,262 9,921 7,857 7,403 8,975 8,562 9,245 11,692 11,830 10,114 14,197 11,782 11,032 10,763 10,497 9,987 9,385 8,555 10,291 11,305 8,227 7,959 11,305 8,496 45 21 28 17 i 2 3 4 5 6 7 8 3 1 2 3,379 6,960 7,706 10.71 4,434 10,616 12,050 23,073 21,076 1,996 269 20 192 28 889 2,462 13 76,085 68,559 7,526 936 72 630 86 2,089 9,265 44 88,693 80,005 8,688 1,070 79 719 97 2,462 10,932 47 16.57 16.70 15.44 14.35 9.84 14.12 13.08 17.84 18.00 7.50 3,474 3,570 2,707 2,664 2,225 2,595 1,959 4,060 4,133 1,748 8,034 8,993 8,233 9,217 6,586 7,347 6,409 7,055 4,794 5,174 6,458 7,336 4,467 4,843 7,942 8,998 9,392 10,737 4,817 5,056 32 55 29 61 13 3 57 77 41 89 156 63 5,068 32 10 422 280 439 778 204 14,093 117 32 501 338 507 911 230 16,529 130 37 18.78 20.98 15.43 17.04 12.69 17.29 11.44 15.02 2,927 2,235 2,956 4,407 2,555 4,055 2,452 1,910 7,624 8,452 5,423 6,172 6,826 7,543 9,504 10,569 5,912 6,474 8,894 9,598 6,306 6,831 4,364 4,793 15 44 25 4 39 8 35 62 SURVEY OF CURRENT BUSINESS April 55 Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1—Continued Per capita personal income Total personal income Millions of dollars Area title 1969 1979 1980 197980 1969 1979 Area title 1980 1969 1980 82 26 4 36 44 38 16 27 35 227 358 72 11 108 121 110 50 72 210 584 405 73 12 119 135 113 50 84 250 644 13.29 1.88 11.04 9.49 12.03 2.14 -.7 15.40 18.86 10.29 3,037 2,001 2,130 2,736 2,517 2,042 2,172 2,069 3,255 3,115 6,699 5,539 4,636 6,017 6,551 5,331 5,770 4,895 7,911 7,341 7,407 5,570 5,273 6,457 7,198 5,412 5,911 5,652 8,573 8,053 27 111 125 62 33 121 89 106 7 13 46 31 2,477 21 6 151 66 39 20 219 157 85 5,898 65 16 429 193 110 59 1,149 180 93 6,676 70 16 485 206 112 67 1,349 14.20 9.70 13.19 6.61 .13 13.09 6.99 1.85 12.60 17.40 2,837 2,390 4,038 2,314 2,472 3,000 2,820 2,168 1,973 3,168 5,910 6,417 5,622 6,125 9,994 11,286 5,955 6,256 7,476 6,861 7,858 8,797 6,411 6,840 5,570 5,655 5,145 5,857 7,348 8,061 65 77 2 71 44 5 45 105 93 12 47 176 16 48 26 38 11 63 204 19 144 551 43 119 83 105 41 236 539 52 157 9.52 620 12.54 47 9.85 133 11.43 7.74 89 113 8.11 10.81 46 272 15.54 584 8.33 43 -16.91 2,298 3,017 1,740 3,021 2,239 2,410 2,122 2,706 3,345 2,352 5,753 7,413 4,497 6,660 5,448 5,727 6,515 6,842 7,035 5,747 6,271 8,172 4,952 7,207 5,750 6,092 6,989 7,480 7,505 4,785 69 10 140 32 101 81 37 24 21 146 55 15 25 36 16 15 26 26 11 77 148 50 74 102 45 46 78 65 28 233 164 52 78 105 45 48 88 72 29 244 10.37 5.18 5.80 2.17 1.79 4.08 13.25 10.50 3.34 4.78 2,599 2,516 2,714 2,080 1,898 1,900 2,141 2,419 2,199 2,350 5,869 6,034 6,459 5,620 5,178 5,326 4,881 5,393 5,011 6,231 6,440 6,899 6,782 5,671 5,112 5,476 5,314 5,898 5,100 6,583 64 42 48 104 135 115 124 90 136 58 15 37 11 7 154 19 37 11 25 32 53 236 35 23 419 52 112 36 72 96 48 -10.27 266 12.52 39 11.35 25 8.27 455 8.78 57 9.10 123 9.13 41 13.43 82 13.05 105 9.08 2,235 2,177 1,994 1,878 2,810 2,288 2,501 1,521 1,914 2,423 4,711 6,752 5,040 5,339 6,205 4,929 6,132 4,538 5,221 6,187 4,097 7,054 5,551 5,594 6,684 5,264 6,604 5,098 5,817 5,916 158 35 112 110 53 126 56 137 98 88 11 43 13 44 27 12 24 30 533 70 28 111 42 120 88 37 74 118 1,180 223 1 93 28 122 9.51 35 -18.53 115 -3.55 102 16.36 38 2.85 84 12.98 126 6.87 1,302 10.29 256 14.89 2,163 2,199 2,100 2,254 2,416 1,962 2,449 2,423 3,270 2,695 5,268 5,284 6,214 5,761 6,159 5,189 6,623 6,160 6,946 6,538 5,231 5,723 4,897 5,451 6,972 5,445 7,233 6,390 7,633 7,416 130 103 145 118 38 119 30 66 18 26 20 16 41 41 24 24 17 76 22 20 67 45 147 126 68 60 51 203 55 68 72 46 165 143 77 60 55 222 52 78. 2,521 2,065 2,424 2,533 2,532 2,584 2,310 2,561 2,742 2,430 5,615 5,000 5,840 6,637 5,952 5,150 5,997 6,288 6,227 6,647 5,763 5,190 6,318 7,456 6,627 5,070 6,156 6,828 5,832 7,589 100 132 68 25 54 138 75 46 96 20 Spalding Stephens 3 17 18 577 50 7 24 17 112 51 8 52 47 1,228 244 20 81 57 331 144 9 58 44 1,363 287 20 77 53 374 150 5.22 1,341 11.35 2,030 694 2,090 10.96 '3,564 17.47 2,911 -.90 2,361 -4.61 1,887 -6.98 2,359 12.94 2,851 4.62 2,520 3,465 5,104 4,904 6,843 6,896 5,739 5,771 6,335 7,040 6,620 3,645 5,511 4,579 7,484 7,789 5,835 5,464 5,821 7,789 6,897 159 114 151 23 16 95 116 97 15 43 Stewart Sumter 12 69 27 181 27 190 1,800 2,546 4,474 6,231 4,548 6,468 152 61 9,141 7,641 7,354 4,781 4,971 6,469 4,490 6,355 5,995 7,233 11 24 28 63 60 40 66 42 47 31 Hendry Hernando Highlands Hillsborough Holmes Indian River Jackson Jefferson Lafayette Lake 51 41 85 1,508 19 118 72 17 6 230 152 246 309 4,741 68 513 207 56 18 765 171 291 354 5,468 74 595 223 61 19 880 12.18 18.22 14.60 15.35 7.65 15.97 7.47 9.00 7.03 15.14 4,401 2,480 2,965 3,117 1,802 3,352 2,086 1,910 2,050 3,384 8,488 6,057 6,736 7,425 4,528 8,864 5,247 5,292 4,424 7,534 9,149 6,518 7,427 8,412 4,986 9,917 5,676 5,665 4,644 8,376 10 38 26 16 59 5 51 52 65 17 340 281 29 6 28 295 180 96 158 51 1,585 1,036 101 18 86 1,141 734 516 435 178 1,869 1,194 113 20 92 1,329 855 630 498 201 17.92 15.24 11.21 13.28 7.54 16.44 16.53 22.07 14.52 13.17 3,417 2,818 2,352 1,917 2,060 3,136 2,649 3,529 3,020 2,561 8,231 7,286 5,256 4,264 5,790 7,947 6,231 8,438 6,737 5,457 9,086 8,015 5,663 4,741 6,182 8,933 6,966 9,812 7,812 6,104 12 19 53 64 43 14 33 6 22 45 244 26 1,189 63 1,389 177 1,829 697 86 100 728 105 3,888 272 5,604 1,044 6,002 2,266 263 339 818 124 4,535 323 6,662 1,241 7,041 2,639 300 394 12.32 17.63 16.65 19.02 18.87 18.87 17.31 16.46 13.97 16.18 2,902 6,541 7,413 2,390 5,278 6,097 3,535 8,410 9,583 2,596 5,846 6,541 4,125 10,172 11,554 2,462 5,658 6,376 3,581 8,455 9,643 3,072 7,247 8,186 2,394 5,325 5,911 3,252 6,963 7,652 27 46 9 37 1 41 7 18 49 23 St. Lucie Santa Rosa Sarasota Seminole Sumter Suwanee Taylor Union Volusia Wakulla 148 108 504 238 30 36 35 11 533 13 566 342 1,956 1,115 127 119 97 41 1,778 48 689 386 2,289 1,313 144 127 112 44 2,071 55 21.82 12.86 17.01 17.73 13.45 7.14 14.61 7.50 16.45 14.71 2,984 6,893 7,888 2,936 6,166 6,881 4,383 10,032 11,287 2,924 6,533 7,287 2,026 5,442 5,918 2,285 5,294 5,696 2,528 5,807 6,734 1,348 3,904 4,338 3,192 7,100 7,983 2,023 4,559 5,012 21 34 2 30 48 50 36 67 20 58 Jackson Walton Washington 30 22 95 73 109 79 13.86 8.01 1,870 1,882 4,691 5,050 5,091 5,400 56 54 14,138 9,526 4,612 25 11 18 6 70 15 46 39,553 26,218 13,336 88 31 54 23 209 41 137 44,044 11.35 29,699 13.28 14,344 7.56 92 4.88 30 -3.25 54 -.26 17 -25.48 12.53 236 45 8.79 12.90 154 3,107 3,567 2,453 2,040 1,923 2,260 1,636 2,004 2,197 2,789 7,337 8,128 6,157 5,760 5,161 5,844 5,909 6,077 4,926 6,551 8,041 9,041 6,543 5,888 4,936 5,723 4,407 6,777 5,145 7,230 Lee Libertv Lincoln 91 142 102 153 49 134 31 10.52 5.10 .63 13.19 1.38 5.86 -6.16 14.99 3.17 2.92 2,814 2,352 2,624 3,287 2,300 2,314 2,191 1,998 1,965 1,784 6,741 6,163 6,005 7,609 5,852 4,901 5,313 4,761 6,070 5,294 7,303 6,259 6,077 8,594 5,970 4,610 4,917 5,233 6,178 5,395 28 70 82 6 86 150 144 129 73 123 Butts Calhoun i Camden Candler Carroll Catoosa Charlton Chatham .. .... Chattahoochee Chattoga 24 12 28 15 114 66 12 610 122 52 74 37 89 46 352 194 35 1,506 141 125 84 35 112 44 393 205 39 1,693 158 132 13.36 5.43 26.95 -4.85 11.56 5.71 10.17 12.43 11.79 6.20 2,346 1,882 2,482 2,273 2,576 2,353 2,061 3,269 4,876 2,522 5,384 6,230 7,120 6,258 6,298 5,443 4,747 7,468 6,438 5,660 6,117 6,104 8,390 5,802 6,952 5,518 5,238 8,354 7,241 6,044 78 79 8 99 39 113 128 9 29 83 Cherokee Clarke Clay Clayton Clinch Cobb Coffee Colquitt Columbia Cook 80 170 6 323 14 756 55 81 55 30 266 509 17 1,231 36 2,394 142 200 221 74 303 14.00 567 11.33 15 -12.35 14.54 1,410 40 9.58 15.54 2,767 146 2.76 8.64 218 15.68 256 74 -.66 2,665 2,662 1,552 3,381 2,094 3,979 2,450 2,524 2,539 2,476 5,410 7,015 4,672 8,292 5,531 8,335 5,367 5,732 5,728 5,550 5,848 7,591 4,138 9,357 5,963 9,272 5,411 6,138 6,371 5,437 94 19 157 3 87 4 122 76 67 120 See footnotes at end of table. 1980 14 156 80 107 40 72 1 109 74 17 8,254 6,876 6,547 4,249 4,478 5,959 4,128 6,498 5,537 6,656 298 100 82 1,301 64 40 75 53 222 105 1980 2,891 7,150 7,887 2,161 3,829 4,174 2,226 5,916 6,098 2,192 5,299 5,636 2,704 6,530 6,948 2,027 6,394 6,235 4,355 10,418 11,820 2,143 5,466 5,618 2,255 6,094 6,174 2,593 6,951 7,654 3,306 2,955 2,307 1,543 1,949 2,454 2,254 2,429 1,908 2,852 270 96 82 1,150 64 38 80 46 215 102 1979 13.72 11.60 2.26 7.31 7.98 -.66 14.41 4.00 .56 12.10 12.98 11.48 17.74 14.25 13.14 10.14 10.95 -.80 7.66 9.05 91 31 30 471 24 14 30 13 61 33 1969 310 32 119 70 33 159 5,724 95 67 775 5,233 1,791 80 37 207 37 27 68 53 141 Ben Hill Berrien Bibb Bleckley Brantley Brooks Bryan Bulloch Burke 197980 273 29 116 65 31 160 5,003 92 67 691 4,632 1,607 68 32 183 34 24 68 49 129 Georgia SMSA counties Non-SMSA counties Appling Atkinson Bacon Baker Baldwin ... . Banks Barrow 1980 Rank in state 92 12 40 21 10 46 1,782 34 24 228 1,750 597 10 11 77 9 8 24 15 42 Okaloosa Okeechobee Orange Osceola Palm Beach Pasco Pinellas Polk Putnam St. Johns 1979 Dollars Percent change Millions of dollars Duval Escambia Flagler Franklin Gadsden Gilchrist Glades Gulf Hamilton Hardee Lee Leon Levy Liberty Madison Manatee Marion Martin Monroe Nassau. .f Per capita personal income Total personal income Rank in state Dollars Percent change Coweta Crawford Bade Dawson De Kalb Dodge Dooly Early Echols Effincham Elbert Fv F Favette FlnvH Forsvth Fulton Glascock Glvnn Gradv Greene Hall Haralson Hart Heard Henry uston T ff T} ""' T ff avis er on Y n ns , Jones r1 . T T wn<?^s McDuffie Mclntosh Madison Marion Miller Mitchell iv/r Murray ~ , ,, Paulding Pt»nr>Vi p. Pi to Polk Pulaski Rabun Randolph ... Richmond Rockdale Schley Screven 6.78 3.29 12.29 13.32 14.24 .32 7.85 9.20 4 19 15.05 .62 5.42 SURVEY OF CURRENT BUSINESS 56 April Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1 —Continued Per capita personal income Total personal income Per- Millions of dollars Area title change 1969 1979 1980 197980 1969 1979 Total personal income Rank in state Dollars Area title 1980 Talbot Taliaferro Tattnall Taylor Telfair Terrell Thomas Tift Toombs Towns 11 5 31 17 25 25 89 64 43 8 28 12 92 45 74 63 248 208 124 26 31 13 95 48 76 61 264 217 133 29 9.19 11.69 3.66 5.38 2.66 250 6.57 3.94 7.10 12.06 1,656 1,944 1,863 2,156 2,216 2,249 2,545 2,344 2,262 1,777 4,219 5,600 5,016 5,595 6,216 5,194 6,448 6,385 5,511 4,797 4,710 6,441 5,241 6,001 6,602 5,065 6,912 6,574 5,884 5,203 147 63 127 85 57 139 41 59 92 131 Bureau. . . . . Calhoun Carroll Cass Cham paign Christian Clark Clay Clinton Coles Treutlen Troup Turner Twiges . Union Upson Walker Walton Ware Warren 9 126 20 14 13 64 153 58 94 12 27 335 60 38 35 156 375 192 243 36 30 375 57 41 40 171 397 213 266 37 9.98 12.17 -5.11 7.60 13.28 9.23 6.01 10.85 9.73 3.18 1,642 2,827 2,330 1,671 1,953 2,701 2,958 2,473 2,777 1,854 4,486 6,798 6,435 3,938 3,968 6,043 6,628 6,167 6,460 5,490 4,925 7,490 6,021 4,371 4,256 6,553 7,015 6,806 7,144 5,627 143 22 84 154 155 60 36 47 34 108 Cook Crawford Washington Wayne.. Webster Wheeler White Whitfield Wilcox Wilkes Wilkinson Worth 39 43 4 10 17 175 15 24 20 31 114 126 14 25 50 490 43 68 62 97 9.41 125 10.70 139 11 -18.70 24 -4.73 11.04 55 537 9.45 38 -10.91 9.29 74 12.83 70 93 -4.06 2,239 2,395 1,765 2,068 2,269 3,290 2,165 2,354 2,142 2,108 6,064 6,153 5,855 4,953 5,056 7,460 5,635 6,328 5,981 5,444 6,624 6,684 4,697 4,670 5,452 8,139 4,949 6,728 6,744 5,147 55 52 148 149 117 11 141 51 50 133 Favette Ford Franklin Fulton Gallatin Greene TT -ij: Hawaii SMSA counties Non-SMSA counties Hawaii Honolulu Kauai Maui and Kalawao 3,114 2,633 481 217 2,633 104 161 8,643 7,110 1,533 683 7,110 292 559 9,761 8,022 1,738 775 8,022 332 631 12.93 12.83 13.37 13.50 12.83 13.78 12.98 4,191 4,363 3,449 3,440 4,363 3,448 3,462 9,098 10,091 9,437 10,492 7,798 8,579 7,666 8,400 9,437 10,492 7,673 8,472 8,034 8,871 4 1 3 2 Idaho SMSA counties Non-SMSA counties ... Ada Adams Bannock Bear Lake Benewah Bingham Blaine 2,176 411 1,766 411 10 152 16 17 78 19 6,936 1,508 5,429 1,508 26 497 45 59 222 88 7,735 1,680 6,055 1,680 27 548 54 65 249 97 11.52 11.47 11.53 11.47 2.20 10.34 20.92 10.35 12.17 10.30 3,078 3,724 2,959 3,724 3,353 2,956 2,810 2,825 2,694 3,383 7,437 8,932 7,107 8,932 7,760 7,655 6,542 7,497 6,107 8,826 8,176 9,689 7,836 9,689 7,965 8,356 7,806 7,809 6,813 9,795 4 17 13 20 19 39 3 5 37 170 15 9 3 180 22 53 3 19 150 502 47 22 7 587 62 154 8 21 168 562 50 25 9 632 75 173 9 11.80 11.97 11.86 6.51 15.51 25.82 7.76 21.14 12.38 16.44 2,632 6,698 7,117 2,399 6,402 6,941 3,273 7,657 8,499 2,826 6,562 6,819 3,052 6,675 7,589 4,424 9,600 10,561 2,955 6,971 7,534 3,338 7,230 8,652 3,143 7,916 8,881 4,391 10,252 11,669 34 36 12 38 21 2 23 10 8 1 34 7 55 18 24 24 21 37 31 28 72 20 144 52 61 76 72 101 83 106 79 25 156 60 68 82 84 109 98 119 8.88 24.26 8.78 17.10 11.38 7.52 16.06 8.65 17.10 12.41 3,201 2,468 3,057 2,446 2,715 2,608 2,436 2,904 2,685 2,708 7,107 6,268 6,447 5,797 5,511 6,496 6,165 7,074 5,470 7,105 7,569 7,368 7,233 6,785 6,262 6,839 7,049 7,396 6,361 7,991 22 29 32 40 42 37 35 28 41 16 107 69 14 16 8 25 47 103 9 17 432 200 49 36 24 89 131 286 21 40 482 227 56 39 29 106 148 314 23 49 11.55 13.22 14.76 9.66 21.07 19.53 13.44 9.74 11.78 23.90 3,056 2,840 2,484 4,128 2,630 1,900 2,969 3,395 3,266 2,619 7,359 7,084 6,712 8,278 6,982 4,600 6,585 8,782 6,384 4,739 8,047 7,866 7,508 9,548 8,330 5,444 7,501 9,428 7,188 5,928 15 18 25 5 14 44 26 6 33 43 33 16 62 6 133 13 21 110 45 158 18 402 45 61 118 50 179 22 452 49 65 7.00 11.14 13.08 23.40 12.51 8.94 6.07 2,639 3,228 3,166 2,352 3,183 3,608 2,688 7,124 6,767 8,290 6,367 7,841 8,168 6,945 7,480 7,357 9,281 7,511 8,528 8,664 7,366 27 31 7 24 11 9 30 47,320 40,547 6,773 246 28 41 103 15 110,990 93,347 17,643 614 63 113 256 41 119,954 101,942 18,012 659 67 116 260 38 8.08 9.21 2.09 7.36 6.94 2.88 1.69 848 Boise Bonner Bonneville Boundary Butte Camas Canyon Caribou Cassia Clark Clearwater Custer Elmore Franklin Fremont Gem Gooding Idaho Jefferson Jerome Kootenai Latah Lemhi Lewis Lincoln Madison Minidoka Nez Perce Oneida Owyhee .. , Payette Power Shoshone Teton Twin Falls Valley Washington Illinois SMSA counties Non-SMSA counties Adams . Alexander Bond Boone Brown See footnotes at end of table. 4,287 9,717 10,479 4,514 10,087 10,996 3,293 8,136 8,276 3,473 8,610 9,178 2,216 5,107 5,458 2,905 6,935 7,121 4,103 8,754 9,070 2,721 7,415 6,920 DeKalb De Witt Douglas Du Page Edgar Edwards TT TT U j. TT Iroquois T I ff Jersey Jo Daviess TT 23 99 79 29 83 Kendall Lake La Salle Lee Livingston M Do ouffh M cijean T M it/I jM Marshall Mason Massac Mercer jy. on , ogomery M It ' Ogle Peoria Perry Piatt Pike Pope Pulaski T? H 1 h Richland St. Clair Saline Sangamon Schuvler Scott Shelby Stark Tazewell Union Vermilion Wabash Warren Washington Wayne White Dollars Rank in state change 1969 1980 Per capita personal income Per- Millions of dollars 1979 1980 197980 1969 1979 1980 1980 8,802 6,996 7,537 8,816 7,778 8,837 8,197 6,666 7,536 7,384 140 15 69 51 556 132 54 39 84 148 339 41 144 128 1,307 322 136 103 242 390 326 41 138 129 1,396 325 130 107 257 390 -3.78 54 -3.79 .93 6.79 .92 -4.58 3.66 6.15 .08 3,635 2,543 3,589 3,583 3,459 3,649 3,344 2,591 2,988 3,110 8,325 6,888 7,353 8,551 8,269 8,905 7,641 6,993 7,865 7,349 55 86 77 49 59 34 71 80 69 78 25,834 63 26 242 60 67 2,482 77 19 68 54,695 181 71 592 155 182 7,494 195 66 244 59,926 183 64 615 150 177 8,224 184 70 248 9.57 .95 -9.16 3.90 2 96 -2.63 9.75 -5.58 5.22 1.66 4,720 10,345 11,378 3,152 8,614 8,753 2,644 6,480 5,803 3,467 7,999 8,227 3,533 8,553 8,274 3,534 9,199 8,945 5,254 11,773 12,466 3,555 8,946 8,447 2,673 8,426 8,723 2,787 8,017 8,000 4 38 97 60 58 32 1 52 41 65 53 66 106 135 20 52 107 20 72 10 143 160 332 356 52 109 301 58 190 26 145 153 365 377 52 102 306 58 180 27 1.38 -4.56 10.02 5.87 29 -6.72 1.81 .29 -5.30 6.00 2,542 6,478 4,012 10,484 2,752 7,771 3,204 8,177 2,712 6,694 3,059 6,479 4,105 9,878 2,316 6,159 3,029 7,968 2,009 4,626 28 192 123 142 28 86 57 60 15 1,035 73 509 310 414 91 275 148 153 48 2,778 358 118 215 1,905 424 53 132 151 119 96 868 337 522 4,855 997 142 317 389 284 251 477 379 484 139 971 120 49 59 34 38 6,515 9,978 8,428 8,617 6,875 6,085 9,990 6,298 7,515 5,013 92 11 53 45 88 96 10 95 74 101 63 -14.00 jj 508 290 -6.38 455 9.88 78 -13.68 294 7.16 156 5.16 157 2.46 51 6.49 3,020 8.72 3,349 8,061 6,870 3,626 8,754 8,751 3,665 9,294 8,780 2,663 6,769 7,378 2,598 8,008 6,889 2,735 7,658 8,080 3,079 7,240 7,560 2,731 6,529 6,665 2,053 4,861 5,328 4,193 10,029 10,824 89 39 37 76 85 64 72 91 100 6 919 365 531 5,323 1,025 148 313 380 285 255 5.85 8.21 1.82 9.63 2.79 4.42 -1.35 -2.24 .22 1.46 3,690 8,326 8,905 4,659 9,212 9,781 3,504 8,455 8,605 5,088 11,017 12,059 3,796 9,164 9,369 3,000 7,959 8,290 3,461 8,680 8,590 3,701 9,366 9,168 3,524 8,987 8,940 2,659 6,747 6,826 35 13 46 2 18 57 47 24 33 90 1,399 1,035 1,165 410 2,214 342 115 162 99 107 1,528 1,101 1,268 428 2,373 367 115 159 103 102 9.21 6.37 8.80 4.34 7.16 7.37 .64 -1.33 4.41 -4.23 4,377 3,699 3,879 3,126 3,899 3,066 3,694 3,650 2,430 3,962 9,742 10,316 8,756 9,216 8,805 9,629 8,463 8,653 8,807 9,559 7,760 8,408 8,255 7,958 8,272 8,159 6,516 6,885 9,492 8,734 8 21 14 43 15 54 67 61 87 40 55 65 97 133 48 156 787 62 64 60 141 180 282 334 129 370 2,050 186 160 136 134 191 294 348 127 376 2,298 199 151 122 5 04 6.40 4.30 4.43 -1.50 1.68 12.10 6.65 -6.11 9 86 3,159 7,205 6,928 3,546 9,069 9,488 3,188 8,854 9,252 3,653 8,937 9,270 3,610 8,810 8,687 3,669 7,991 8,092 4,031 10,232 11,438 3,117 8,581 9,124 4,149 9,753 9,066 3,106 7,168 6,453 82 17 20 19 42 63 3 27 30 94 7 18 18 91 47 651 931 72 659 25 19 48 44 252 135 1,638 2,158 207 1,638 59 19 51 42 266 144 1,807 2,336 228 1,758 54 04 5.51 3 52 5.83 6.61 10.30 8.25 10.01 7.33 -7.55 1,788 2,040 3,580 2,916 2,764 3,932 3,279 2,773 4,109 2,998 4,267 4,405 5,142 5,710 7,205 6,893 7,146 7,469 7,504 8,157 9,852 10,860 7,944 8,780 7,558 8,318 9,294 9,959 7,206 6,484 102 98 84 75 62 5 36 56 12 93 22 75 28 182 458 49 342 39 79 40 55 178 68 432 1,253 125 846 119 195 124 53 167 63 456 1,402 134 874 126 188 124 -4.27 6 15 -8.39 5.53 11.90 7.20 3.27 5.78 -3.80 .25 3,523 3,295 3,745 3,735 3,911 3,035 3,522 3,041 3,645 2,910 8,971 8,581 7,550 6,983 9,379 8,460 8,763 9,189 9,601 10,592 7,394 7,918 8,732 9,158 8,821 9,157 8,887 8,538 8,183 7,988 48 81 51 22 7 68 25 26 50 66 46 54 136 143 136 154 18 7.82 2,685 3,059 7,471 8,128 73 44 7,519 8,621 SURVEY OF CURRENT BUSINESS April 57 Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years1 —Continued Total personal income Area title 1969 1979 1980 197980 230 1,002 142 991 104 595 2,871 401 2,342 291 597 3,108 443 2,532 304 .26 8.24 10.65 8.09 4.19 18,758 13,641 5,117 88 1,087 221 43 51 112 25 45,866 33,403 12,463 247 2,678 587 105 115 323 70 49,112 35,944 13,168 250 2,760 617 108 121 351 77 7.08 7.61 5.66 1.22 3.07 4.97 2.33 4.72 8.64 9.68 Carroll Cass... Clark. Clay... Clinton. Crawford Daviess Dearborn . Decatur. De Kalb. 62 148 268 76 111 21 85 95 72 109 166 351 668 194 273 51 184 236 188 272 165 366 735 210 283 56 192 258 200 276 Delaware . Dubois Elkhart. Fayette . Floyd. Fountain Franklin Fulton. Gibson Grant 430 101 516 88 194 63 46 57 99 287 952 264 1,211 214 470 144 113 145 269 654 Greene Hamilton Hancock Harrison Hendricks Henry Howard Huntington Jackson Jasper 78 212 131 60 198 183 326 125 115 72 75 80 48 204 126 175 61 2,062 381 127 Whiteside. Will ... Williamson Winnebago . Woodford.... Indiana SMSA counties Non-SMSA counties Adams Allen. Bartholomew Benton Blackford Boone Brown Jay Jefferson Jennings Johnson Knox Kosciusko Lagrange Lake La Porte Lawrence Dollars 1969 1979 1969 8,981 9,023 8,984 9,557 7,063 7,825 9,455 10,067 9,134 9,091 31 16 70 9 28 3,647 8,377 8,924 3,773 8,738 9,358 3,351 7,543 7,923 3,305 8,321 8,411 3,952 9,103 9,356 3,939 9,163 9,451 3,806 10,070 10,501 3,254 7,401 7,750 3,676 9,032 9,599 2,783 5,841 6,222 33 14 12 1 63 9 84 -.31 4.28 10.07 8.17 3.59 10.15 4.65 9.51 6.57 1.65 3,494 3,646 3,586 3,151 3,625 2,573 3,187 3,238 3,189 3,549 8,427 8,610 7,533 7,845 8,750 5,307 6,760 7,000 7,826 8,215 8,356 8,928 8,254 8,418 8,954 5,727 6,887 7,507 8,390 8,208 39 20 45 32 18 92 76 68 35 48 1,027 284 1,233 228 514 150 120 152 289 676 7.84 7.46 1.84 6.63 9.20 4.11 6.86 4.73 7.23 3.30 3,370 3,299 4,139 3,393 3,512 3,420 2,738 3,358 3,247 3,444 7,405 7,829 8,861 7,668 7,771 7,322 5,876 7,528 8,149 8,054 7,968 8,278 8,961 8,056 8,375 7,842 6,130 7,840 8,694 8,328 55 42 17 53 37 56 87 57 26 40 189 791 390 174 599 418 831 302 285 200 204 865 423 189 656 442 869 316 307 212 8.08 9.44 8.46 8.49 9.49 5.62 4.56 4.53 7.55 5.89 2,900 3,998 3,828 2,958 3,766 3,497 3,974 3,579 3,489 3,551 6,207 6,703 9,802 10,482 9,031 9,602 6,490 6,923 8,815 9,380 7,795 8,259 9,522 9,980 8,429 8,850 7,925 8,382 7,849 8,081 77 2 8 75 13 44 4 22 36 52 175 200 131 615 314 458 155 4,922 911 309 182 214 134 679 348 486 158 5,232 985 333 3.62 7.06 2.36 10.36 10.97 5.98 2.10 6.28 8.06 7.63 3,211 2,991 2,496 3,489 3,026 3,698 2,963 3,793 3,652 3,340 7,420 6,603 5,728 8,181 7,553 7,814 6,046 9,277 8,351 7,323 60 73 89 25 41 50 86 5 16 59 7,807 7,018 5,843 8,772 8,308 8,139 6,162 9,980 9,046 7,824 494 3,321 118 33 134 225 116 147 43 107 1,137 7,329 313 69 285 593 288 410 104 266 1,207 8,032 329 73 298 656 307 444 109 278 6.19 9.59 5.32 5.52 4.60 10.63 6.50 8.43 5.01 4.53 3,599 4,241 3,395 3,021 3,428 2,748 3,443 3,400 3,704 3,430 8,169 8,644 9,538 10,470 8,120 8,395 6,142 6,583 7,100 7,476 6,102 6,647 8,093 8,628 7,998 8,521 7,266 7,342 7,522 7,826 27 3 34 80 70 78 28 30 72 58 Ohio Orange Owen Parke Perry Pike Porter Posey Pulaski Putnam 13 46 34 44 51 39 337 72 41 84 29 107 84 108 119 114 1,096 200 111 206 32 116 91 115 125 121 1,195 213 118 219 8.67 7.95 8.40 6.11 5.45 6.21 9.08 6.45 6.14 6.44 2,925 2,689 2,804 3,036 2,716 3,149 4,013 3,344 3,266 3,123 5,617 5,837 5,273 6,684 6,110 8,515 9,438 7,771 8,498 7,171 6,222 6,178 5,733 7,002 6,457 8,938 9,953 8,038 8,897 7,484 83 85 91 74 82 19 6 54 21 69 Randolph Ripley Rush St. Joseph Scott Shelby Spencer Starke Steuben Sullivan 103 70 66 921 49 133 45 55 65 62 230 171 151 2,053 127 320 139 136 176 161 234 185 159 2,203 135 343 147 145 190 174 1.53 7.77 5.24 7.34 6.83 7.19 5.99 6.38 7.72 8.55 3,578 3,316 3,221 3,766 2,923 3,559 2,657 2,846 3,281 3,094 7,650 6,991 7,671 8,478 6,195 8,010 7,173 6,199 7,079 7,650 7,781 7,552 8,107 9,098 6,610 8,576 7,581 6,573 7,660 8,245 62 67 51 15 79 29 66 81 64 46 Switzerland Tippecanoe Tipton Union Vanderburgh Vermillion Vigo 17 359 59 24 606 49 360 40 919 144 50 1,513 122 867 42 1,008 149 53 1,670 134 951 5.02 9.67 3.60 4.90 10.43 10.15 9.72 2,664 3,341 3,527 3,640 3,590 2,880 3,134 5,743 7,555 8,498 7,242 9,110 6,794 7,827 5,843 8,261 8,828 7,641 9,948 7,344 8,444 88 43 23 65 7 71 31 Madison Marion Marshall Martin Miami Monroe Montgomery Morgan Newton Noble See footnotes at end of table. Area title 1980 1979 Wabash Warren Warrick Washington Wayne Wells White Whitley Iowa SMSA counties Non-SMSA counties Adair Adams Allamakee Appanoose Audubon Benton Black Hawk Boone Bremer Buchanan Buena Vista Butler Calhoun Carroll Cass Cedar Cerro Gordo Cherokee Chickasaw Clarke Clay Clayton Clinton Crawford Dallas Davis Des Moines Dubuque Favette Floyd Franklin Fremont Guthrie Hancock TJ . TT Howard Humboldt Ida Jackson Jefferson onnson Keokuk Kossuth Lee j Liucas o r^y r! Mahaska Marshall Mills Mitchell onona ,., , Montgomery O'Brien Osceola Page Palo Alto Plymouth Pocahontas Polk Pottawattamie Poweshiek Sac .. Dollars Percent change Millions of dollars Rank in state 1980 1980 3,663 4,105 2,900 4,069 3,745 Per capita personal income Total personal income Per capita personal income Percent change Millions of dollars 197980 Rank in state 1969 1979 1980 1980 120 29 91 54 287 83 79 81 293 70 332 122 587 228 216 215 300 70 366 127 628 241 227 220 2.38 .45 10.27 4.65 6.96 5.77 5.04 2.19 3,394 3,281 3,300 2,818 3,647 3,521 3,770 3,517 8,081 7,746 8,093 5,639 7,694 8,900 9,239 8,332 8,161 7,803 8,814 5,796 8,241 9,454 9,481 8,371 49 61 24 90 47 11 10 38 10,058 4,107 5,951 30 19 41 42 33 77 457 25,721 10,972 14,750 74 44 102 104 71 197 1,285 27,188 11,947 15,242 71 42 104 111 68 200 1,411 5.70 8.89 3.34 -3.18 -5.23 2.08 7.00 -3.91 1.34 9.87 3,586 3,762 3,473 3,286 3,172 2,724 2,761 3,520 3,432 3,482 8,818 9,310 9,426 10,199 8,415 8,715 7,720 7,485 7,570 7,302 6,646 6,892 6,708 7,169 8,017 7,952 8,335 8,434 9,432 10,206 86 90 97 91 74 58 5 94 75 65 83 54 51 79 58 63 175 237 207 179 190 143 131 201 150 159 433 246 221 181 197 144 134 210 155 155 464 3.75 6.50 1.01 3.46 1.19 2.61 4.61 3.10 -2.09 7.31 3,665 3,377 3,112 3,990 3,259 3,440 3,434 3,370 3,578 3,561 9,012 8,529 7,724 9,213 8,005 9,689 8,798 8,703 8,418 8,926 9,386 8,870 7,892 9,446 8,154 9,887 9,145 9,108 8,314 9,563 26 42 76 24 71 9 31 32 63 16 64 43 24 68 61 213 63 98 24 25 144 122 61 180 161 498 158 248 63 55 145 122 65 188 160 529 162 263 65 60 1.08 .07 7.54 4.07 -.89 6.14 2.14 6.07 3.94 7.46 3,707 2,909 3,195 3,688 2,923 3,771 3,275 3,825 2,845 2,499 8,765 7,886 7,184 9,188 7,449 8,546 8,203 8,535 6,813 5,657 8,939 7,905 7,563 9,561 7,548 9,240 8,515 8,889 7,135 6,072 39 75 82 17 84 29 57 41 93 99 51 199 45 302 48 78 70 46 39 53 141 406 137 829 118 193 162 112 81 130 134 438 144 892 125 195 162 108 82 132 -5.01 8.02 4.83 7.62 5.19 1.33 -.07 -3.10 1.14 1.99 2,722 7,525 7,047 4,211 8,850 9,465 3,509 8,731 9,188 3,356 8,872 9,494 3,460 8,765 9,322 2,841 7,646 7,635 3,522 8,265 8,252 3,516 8,552 8,279 4,212 8,338 8,670 4,186 10,575 10,878 94 23 30 21 27 80 67 65 53 2 53 40 71 47 85 58 64 30 46 38 135 91 169 127 198 133 152 83 120 79 139 94 172 122 207 134 158 83 121 78 3.33 2.62 1.93 -4.42 4.56 1.17 3.67 -.12 .80 -2.37 3,791 3,236 3,835 3,546 3,858 3,583 3,530 2,603 3,667 4,088 9,341 7,696 9,394 9,256 9,010 7,987 8,045 7,456 9,741 8,784 9,663 7,806 9,628 8,785 9,504 8,206 8,332 7,448 9,848 8,688 14 78 15 46 20 69 62 87 11 50 57 65 130 53 215 63 49 81 143 648 133 161 314 130 656 152 113 201 361 1,662 135 165 332 136 711 151 108 193 385 1,814 1.35 2.47 5.63 4.00 8.49 -.86 -3.76 -3.91 6.66 9.12 3,658 3,115 3,687 3,417 3,161 3,233 3,443 3,484 3,329 4,009 8,483 8,744 7,173 7,305 8,536 9,086 8,018 8,291 8,054 8,684 7,459 7,366 8,583 8,369 9,164 8,808 8,315 8,900 9,900 10,659 47 89 36 64 52 88 60 45 40 3 38 29 45 38 72 90 165 44 43 44 25 49 139 65 30 66 48 82 47 1,165 87 80 114 94 189 255 393 107 99 101 71 126 372 156 76 167 117 202 112 3,134 90 85 113 95 194 271 423 112 97 100 76 130 408 161 76 174 119 201 111 3,425 4.22 7.14 -1.04 2.00 3.02 6.32 7.88 4.62 -1.98 -.92 6.64 3.93 9.82 3.64 -.46 4.40 1.42 -.37 -.89 9.29 3,504 7,174 7,489 2,758 7,652 8,271 3,508 8,865 8,714 3,258 7,270 7,561 3,278 8,197 8,617 3,412 8,725 9,106 4,102 9,422 10,143 3,866 7,882 8,366 3,234 8,041 7,886 3,643 8,257 8,519 2,649 7,394 8,214 3,837 9,337 9,703 3,786 9,176 10,069 3,647 9,127 9,478 3,624 9,020 9,073 3,587 8,609 9,107 3,554 9,050 9,312 3,381 8,090 8,116 3,670 9,602 9,766 4,086 10,364 11,268 85 66 48 83 54 34 6 61 77 56 68 13 7 22 37 33 28 73 12 1 297 65 19 61 715 178 44 135 764 182 44 135 6.92 2.33 .96 .18 3,441 3,501 2,955 3,865 44 25 92 18 8,265 9,351 7,156 9,403 8,812 9,426 7,169 9,538 58 SURVEY OF CURRENT BUSINESS April Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years1 —Continued Total personal income Millions of dollars Area title Dollars Rank in state change 1969 1979 1980 Total personal income Per capita personal income Per- 197980 1969 1979 Millions of dollars Area title 4 55 81 59 51 98 70 95 35 43 Ottawa Pawnee Phillips Pottawatomie Pratt Rawlins Reno Republic Rice Riley .74 2.61 6.22 -7.84 2.89 7.23 -4.61 .17 3,615 8,812 8,940 2,752 7,575 7,689 3,752 9,328 9,872 3,811 9,106 8,702 2,765 6,634 6,913 3,600 8,779 9,528 3,402 8,370 8,135 3,887 10,040 10,054 38 79 10 49 96 19 72 8 23,367 12,214 11,154 128 70 144 69 327 139 92 8.01 10.88 5.05 4.92 1.67 1.52 6.41 12.90 7.97 -6.82 3,523 9,216 9,864 3,907 10,063 11,006 3,196 8,476 8,858 2,710 7,754 8,189 2,817 7,955 8,040 2,951 7,688 7,795 3,623 9,848 10,533 3,584 9,246 10,420 2,909 8,248 8,689 3,223 8,337 7,690 Rooks Rush Russell Saline Scott Sedgwick Seward Shawnee Sheridan Sherman 70 75 80 21 23 60 84 390 27 30 148 28 40 73 112 73 30 436 28 33 153 26 39 72 117 80 31 12.02 3.36 7.91 3.44 -6.78 171 -1.03 4.46 8.50 2.44 3,408 8,996 9,722 3,721 8,095 8,352 2,455 6,036 6,543 2,699 6,675 6,840 3,302 7,394 7,072 3,703 15,336 15,050 2,991 7,402 7,324 3,135 9,003 9,361 2,802 8,221 8,479 4,789 12,108 12,103 34 66 103 100 97 3 90 40 65 12 111 108 18 61 27 158 17 10 63 21 287 281 51 152 70 468 41 27 195 61 323 306 50 165 63 506 40 28 218 64 12.43 8.98 -.46 8.38 8.89 8.28 -2.10 3.99 11.63 5.04 3,162 8,130 8,745 2,846 7,408 8,048 3,468 11,218 11,139 3,037 7,270 8,138 2,975 7,681 6,818 2,780 7,011 7,469 3,601 9,238 9,282 2,543 6,552 7,119 2,568 7,601 8,328 3,352 9,051 9,576 55 74 20 71 101 86 42 95 68 38 Finney Ford Franklin Geary Gove Graham Grant Gray Greeley Greenwood 65 81 57 98 14 13 24 22 9 26 290 262 181 239 38 38 73 63 40 (3) 299 3.13 281 7.16 191 5.40 261 9.21 34 -11.15 37 -1.83 71 -3.17 54 13.96 38 -4.37 (3) (3) 3,474 3,620 2,864 4,084 3,609 2,810 4,095 4,848 4,907 2,821 12,459 10,930 8,234 7,801 10,319 9,415 10,719 12,321 20,710 (3) 12,516 11,523 8,734 8,718 9,105 9,300 10,114 10,511 20,663 (3) 9 15 56 57 47 41 28 22 1 (3) Hamilton Harper Harvey Haskell Hodgeman Jackson Jefferson Jewell Johnson Kearny 10 29 89 20 12 29 35 20 1,132 12 31 72 257 73 31 82 114 44 3,396 36 30 3.58 75 5.32 8.18 278 52 28.40 30 -2.98 84 1.73 114 -.25 39 -10.88 3,753 10.51 34 623 3,541 3,606 3,274 5,495 4,315 2,834 2,915 3,205 5,260 3,868 12,157 9,329 8,447 18,358 13,458 7,135 7,628 8,246 12,856 10,626 11,894 9,670 9,084 13,682 13,125 7,161 7,465 7,393 13,854 9,828 14 36 48 5 7 94 87 89 4 33 29 16 80 12 145 15 19 13 85 85 77 41 175 36 419 35 68 30 268 232 83 41 188 33 452 35 66 30 310 249 7.47 -1.19 7.09 -7.41 7.84 2.07 -2.17 1.69 15.80 7.09 3,209 8,639 9,201 3,988 10,227 10,110 3,084 6,886 7,293 4,419 13,521 13,343 2,726 7,714 8,222 3,210 8,095 8,525 2,382 8,215 8,050 3,372 8,205 8,667 2,674 7,732 8,812 3,438 8,740 9,237 45 29 91 6 69 63 73 61 53 44 36 41 21 53 28 124 19 12 30 56 96 108 67 166 79 339 43 38 79 151 104 102 62 173 81 377 46 36 75 161 7.99 -5.62 2,564 7,012 7,662 3,061 8,330 8,029 4,315 14,061 12,862 2,758 7,757 7,998 3,511 9,688 10,011 3,083 8,098 8,900 2,842 6,708 7,215 3,233 11,171 10,349 2,482 7,005 6,710 2,976 7,872 8,486 85 76 8 78 32 51 92 25 102 64 18 20 37 24 37 53 116 57 41 56 119 57 10.03 5.63 2.88 .69 8,332 7,806 7,685 9,403 49 67 81 37 558 53 90 195 69 25 41 24 146 94 1,506 129 229 570 167 56 106 60 333 287 1,658 130 234 611 170 56 113 61 367 309 10.04 .78 2.11 7.21 2.03 .29 6.62 1.31 10.26 7.37 Washington Wayne Webster Winnebago Winneshiek Woodbury Worth Wright 68 23 181 50 57 371 30 68 179 62 428 123 147 899 78 164 180 63 455 113 152 963 74 164 7,878 4,016 3,861 41 24 57 26 110 45 38 21,633 11,015 10,618 122 69 142 65 290 129 99 132 13 12 58 14 11 30 42 21 13 Cowley Crawford Decatur Dickinson Doniphan Douglas Edwards Elk Ellis Ellsworth Kansas SMSA counties Non-SMSA counties Allen Anderson Atchison Barber Barton Bourbon Brown Butler Chase Chautauqua Cherokee Cheyenne Clark Clay Cloud Coffey Comanche .. .. Kingman Kiowa Labette Lane Leavenworth Lincoln Linn Logan Lyon McPherson Marion Marshall '... Miami Mitchell Montgomery Morris N N aha Vi Ness Norton Osage . . See footnotes at end of table. 7 4^ 4.33 3.54 11.26 8.32 -5.28 -3.97 6.96 1980 1979 197980 1980 9,437 10,334 8,708 8,596 7,505 7,582 7,982 8,433 8,377 8,685 6,759 6,745 7,557 8,169 7,028 7,009 8,182 9,099 8,391 8,827 Scott Shelby Sioux Story Tama Taylor Union Van Buren Wapello Warren 3,987 3,480 3,272 3,183 3,429 2,830 3,051 2,777 3,449 3,578 3,785 2,770 2,782 3,676 9,058 8,331 7,775 9,587 Smith Stafford Stanton Sumner Thomas Trego Wallace Wichita Wilson Woodson Wyandotte Kentucky SMSA counties Non-SMSA counties Adair Allen Anderson Ballard Barren Bath Bell Boone Boyd Boyle Bracken Breathitt Breckinridge Bullitt Butler Caldwell Campbell Carlisle Carroll Carter Casey Clark Clay Clinton Cumberland Daviess Edmonson Elliott Estill Fayette Fleming Floyd Fulton Gallatin Grant Grayson Green Hancock Hardin Harlan Harrison . Hart Henderson Henry Hickman Hopkins Jackson Rank in state Dollars change 1969 1980 Per capita personal income Per1969 1979 1980 1980 2,867 8,256 8,716 3,565 8,666 8,964 3,248 8,043 8,711 2,858 7,336 7,444 3,511 11,181 11,440 3,134 7,321 6,860 3,499 8,615 9,239 3,102 8,135 7,206 3,231 9,107 9,713 3,671 6,493 7,104 58 50 59 88 16 99 43 93 35 96 3,289 3,291 3,508 3,178 3,400 3,799 3,269 3,673 2,846 3,565 8,540 9,397 10,317 8,964 13,014 9,941 10,950 9,276 12,310 7,970 9,195 10,258 11,237 10019 12,315 11,149 12,001 10,079 10,152 7,697 46 26 17 31 11 19 13 30 27 83 2,903 3,660 3,787 3,758 3,262 3,433 3,009 3,158 3,475 3,163 8,530 8,015 11,170 11,171 14,078 10,357 14,837 12,495 7,076 8,081 8,870 8,861 8,772 8,751 8,046 7,751 10,810 8,651 6,674 6,342 77 18 24 10 72 52 54 82 62 104 11 13 1.61 4.03 8.77 4,889 20,500 19,486 2,884 7,010 7,005 2,763 7,553 7,932 3,337 8,616 9,389 2 98 79 39 28,118 14,832 13,286 77 89 98 61 231 58 226 8.65 9.37 7.86 11.61 7.27 12.30 1.07 8.34 10.10 11.09 2,878 3,526 2,312 1,935 2,106 3,122 2,466 2,387 2,224 1,923 7,103 8,328 6,113 4,535 6,038 7,348 6,981 6,297 5,309 5,934 7,662 9,084 6,522 5,017 6,309 7,791 6,966 6,769 5,805 6,555 97 67 19 43 53 81 59 352 171 492 174 42 72 96 252 59 98 385 204 527 194 46 89 98 277 59 103 9.23 19.79 7.04 11.52 10.17 24.34 2.63 9.82 -1.27 5.86 3,257 3,240 3,214 2,969 2,351 1,270 2,236 2,615 1,768 2,598 7,872 8,376 9,012 10,508 8,854 9,474 7,024 7,738 5,406 5,948 4,198 5,228 5,710 5,818 5,911 6,375 5,310 5,292 7,232 7,662 14 1 6 21 75 92 80 65 90 23 60 299 11 23 39 20 159 77 23 11 191 691 37 64 111 59 442 220 107 34 204 751 36 68 119 64 458 231 118 37 6.64 8.73 -2.17 7.31 6.89 7.63 3.65 4.97 10.42 8.73 2,218 3,385 2,069 2,718 1,963 1,548 2,830 3,247 1,217 1,369 6,425 8,255 6,635 6,735 4,516 3,994 6,551 7,756 4,745 3,657 6,770 8,994 6,604 7,364 4,729 4,305 6,829 8,144 5,181 3,962 52 9 56 28 105 115 49 16 93 118 19 11 249 15 8 25 615 28 67 115 63 35 694 42 29 79 1,752 63 280 364 66 36 759 45 32 86 1,954 68 309 399 4.62 3.44 9.36 6.53 8.01 9.30 11.48 8.45 10.32 9.68 2,203 1,638 3,169 1,682 1,261 1,987 3,630 2,516 1,842 3,375 6,871 4,695 8,114 4,286 4,294 5,421 8,627 5,273 5,776 8,759 7,188 4,928 8,807 4,520 4,590 5,936 9,547 5,539 6,313 9,523 35 102 12 110 109 76 4 84 66 5 23 9 29 27 83 34 27 84 18 281 65 25 68 83 245 108 61 263 54 548 64 29 75 93 247 115 65 286 59 586 -1.82 16.29 10.83 12.87 .93 6.92 6.81 8.94 9.26 6.93 2,231 2,276 3,069 2,686 2,691 2,051 2,543 2,563 2,583 3,640 7,354 5,282 6,159 6,634 7,239 5,288 5,534 6,812 7,259 6,419 7,070 6,038 6,881 6,996 7,246 5,516 5,865 7,302 7,661 6,571 41 72 45 42 32 85 78 30 24 58 74 44 28 112 31 13 115 14 265 104 77 334 85 40 405 45 286 114 83 363 92 36 432 50 8.11 9.66 8.67 8.48 8.44 -9.82 6.48 10.79 1,912 3,100 2,019 3,135 2,823 2,088 3,021 1,418 6,272 6,847 5,163 8,351 6,727 6,510 8,731 3,833 6,822 7,519 5,408 8,857 7,180 5,860 9,325 4,181 50 25 88 10 36 79 7 116 18 31 26 34 36 14 212 27 40 189 51 73 63 107 114 29 552 62 110 407 52 3.03 72 -.05 65 3.46 110 3.21 2.97 118 28 -1.86 8.97 602 55 -12.35 116 5.19 11.00 452 25 17 34 147 19 1,333 51 566 11 28 60 44 91 440 76 3,619 190 1,422 45 63 7.94 65 6.63 46 100 10.30 11.63 491 71 -5.76 4,098 13.24 205 8.08 1,565 10.03 36 -19.19 60 5 31 20 22 9 16 77 25 13 20 8 30 51 63 34 68 174 74 36 54 22 59 48 -6.25 62 -1.29 24 -28.44 59 -12.20 202 16.10 75 1.11 37 1.00 53 -1.79 18 -20.24 54 -7.61 16 33 13 624 67 84 35 1,491 59 85 37 1,622 9,204 5,257 3,947 25 26 29 20 68 21 60 25,880 13,562 12,318 69 83 87 61 213 53 203 103 '60 168 63 17 18 33 65 17 34 April SURVEY OF CURRENT BUSINESS 59 Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1—Continued Total personal income Millions of dollars Area title 1969 Jefferson . Jessamine Johnson Kenton Knott Knox Larue Laurel Lawrence .... Lee 1979 Per capita personal income 1980 197980 1969 1979 Millions of dollars 1969 1980 6,149 161 147 1,100 88 137 70 203 74 31 6,700 181 162 1,206 95 150 75 226 81 35 8.97 12.93 10.35 9.66 7.67 9.69 7.22 11.03 9.61 10.47 3,815 2,618 1,979 3,499 1,245 1,489 2,550 1,827 1,745 1,525 8,884 5,998 6,103 8,145 4,972 4,532 6,015 5,385 5,352 3,975 9,762 6,794 6,611 8,777 5,265 4,953 6,235 5,774 5,747 4,455 3 51 55 13 91 101 69 82 83 112 Jackson Jefferson Leslie Letcher Lewis Lincoln Livingston Logan Lyon McCracken McCreary McLean 14 47 25 35 20 53 12 185 13 22 67 176 63 96 67 168 40 507 56 72 71 189 68 103 67 166 42 544 63 70 5.95 7.54 8.37 7.63 .45 -1.48 5.40 7.38 13.26 -3.56 1,210 1,976 2,019 2,110 2,621 2,462 2,060 3,174 1,028 2,439 4,505 5,722 4,399 4,995 7,068 7,068 6,200 8,279 3,619 7,086 4,763 6,150 4,696 5,393 7,231 6,852 6,405 8,854 4,038 6,899 104 71 106 89 33 48 64 11 117 44 Natchitoches Orleans Madison Magoffin Marion Marshall. .. Martin Mason Meade Menifee Mercer Metcalfe 105 11 36 52 13 52 42 6 46 14 306 58 88 172 90 125 106 19 127 40 335 67 93 184 99 132 114 20 138 42 9.71 16.38 5.99 7.03 10.56 5.74 7.40 4.87 8.92 5.75 2,511 1,089 2,178 2,622 1,369 2,986 2,251 1,560 2,886 1,752 5,859 4,357 4,850 6,873 6,511 6,945 4,806 3,859 6,770 4,413 6,269 4,964 5,181 7,147 7,091 7,436 4,960 3,916 7,247 4,453 68 99 94 37 39 27 100 119 31 113 St Charles St Helena Monroe. Montgomery Morgan Muhlenberg Nelson Nicholas Ohio Oldham Owen . .. Owsley 20 41 14 75 59 17 42 43 19 6 59 121 51 252 173 43 152 111 46 20 64 133 56 267 190 47 157 199 53 22 7.91 9.86 9.39 5.84 10.00 9.41 3.79 12.87 14.08 10.34 1,752 2,723 1,381 2,707 2,530 2,563 2,224 2,936 2,485 1,103 4,702 6,212 4,277 7,842 6,392 5,805 6,854 6,711 5,191 3,517 5,154 6,601 4,594 8,254 6,879 6,485 7,219 7,074 5,878 3,858 96 57 108 15 46 60 34 40 77 120 Terrebonne Pendleton Perry Pike Powell Pulaski Robertson Rockcastle Rowan Russell Scott 26 48 115 14 78 6 20 31 21 52 65 207 536 51 268 11 57 94 61 152 73 219 605 55 285 12 62 104 66 170 11.91 5.87 12.88 9.46 6.52 7.61 8.65 10.44 7.92 11.68 2,580 1,783 1,857 1,824 2,223 2,681 1,623 1,894 2,027 2,926 6,016 6,106 6,675 4,676 5,776 4,766 4,062 4,819 4,482 7,055 6,614 6,471 7,439 4,986 6,209 5,172 4,415 5,445 4,771 7,774 54 61 26 98 70 95 114 86 103 20 Maine SMSA counties Shelby Simpson Spencer Taylor Todd 59 37 15 47 22 20 12 43 148 25 162 113 39 125 73 65 32 136 487 59 181 117 41 137 72 67 34 144 526 65 11.26 3.29 5.63 9.38 -2.21 3.81 5.52 5.90 8.17 9.28 3,134 2,896 2,694 2,782 2,061 2,282 2,327 2,761 2,629 2,338 7,100 7,608 6,340 5,989 5,999 6,778 5,190 7,553 6,876 5,507 7,725 7,968 6,854 6,459 6,029 7,130 5,426 8,042 7,311 5,998 22 18 47 62 73 38 87 17 29 74 20 33 51 7 57 74 127 198 27 160 80 134 215 30 180 8.17 5.85 8.29 10.83 12.69 1,364 2,474 2,097 1,304 4,008 4,349 4,666 8,557 9,011 5,987 6,418 4,020 4,471 8,901 10,128 107 8 63 111 2 10,328 7,288 3,040 110 43 85 40 69 49 32 30,962 21,510 9,452 355 106 329 141 191 176 89 35,637 24,880 10,757 398 115 379 168 211 199 100 15.10 15.67 13.80 12.30 8.48 15.27 19.44 10.70 13.02 12.81 2,854 3,250 2,209 2,113 2,084 2,315 2,051 1,818 2,160 1,975 7,480 8,207 6,225 6,402 5,002 6,825 6,463 4,616 6,000 5,464 8,456 9,309 6,976 7,042 5,356 7,559 7,581 5,091 6,677 6,111 27 55 22 21 57 34 44 Bossier Caddo Calcasieu Caldwell Cameron Catahoula Claiborne Concordia De Soto East Baton Rouge 171 762 427 15 21 19 38 53 48 986 521 2,115 1,326 52 74 51 102 145 135 3,145 593 2,414 1,549 59 84 59 115 158 158 3,710 13.89 14.13 16.82 12.13 14.33 14.13 12.67 9.10 17.25 17.95 2,690 3,299 2,956 1,644 2,654 1,653 2,241 2,333 2,105 3,499 6,553 7,333 8,476 9,547 8,134 9,250 5,053 5,456 8,264 8,992 4,239 4,765 5,905 6,689 6,387 6,869 5,334 6,160 8,767 10,107 25 5 10 52 12| 60 33 29 42 2 East Carroll East Feliciana 24 32 57 40 24 136 72 54 94 169 110 75 510 225 61 109 190 115 84 601 256 12.83 15.22 12.31 4.49 12.50 17.93 14.16 1,853 1,807 1,800 1,669 1,796 2,380 2,360 4,612 5,039 5,112 4,629 4,546 8,034 7,020 5,131 5,697 5,688 4,765 5,010 9,403 7,956 56 46 47 61 58 8 18 Trimble Union Warren Washington Wayne Webster Whitley Wolfe Woodford Louisiana SMSA counties Non-SMSA counties Acadia Allen Ascension Assumption Avoyelles Beauregard Bienville Franklin Grant Iberia Iberville See footnotes at end of table. 1979 1980 1980 Lafayette Lafourche La Salle Lincoln Livingston Madison Morehouse Plaquemines R id " Red River Richland St Bernard St. John the Baptist St Landrv St Martin St Marv ™ ' «"imany Tensas Verm Ton Y Washington Webster West Baton Rouge West Carroll West Feliciana Winn n roscoggm p m ue ia j F ? |. TT i '" KP h T£ Oxford DSCOt oagaaanoc Waldo Washington York Maryland SMSA counties Non SMSA counties Anne Arundel Calvert Caroline Carroll Cecil .. Charles Frederick Garrett Harford Howard Kent i lonigomery Q . ° St. Marys Talbot Washington Wocester Baltimore — Independent city Massachusetts SMSA counties Non-SMSA counties Barnstable Berkshire Bristol 197980 Rank in state Dollars Percent change Area title 2,619 45 35 450 19 35 27 50 19 10 . .. Per capita personal income Total personal income Rank in state Dollars Percent change 1969 1979 1980 1980 37 1,197 67 302 171 25 78 88 28 69 103 3,989 193 1,366 585 85 243 362 63 204 115 4,585 212 1,647 686 93 279 433 65 226 11.87 14.92 9.78 20.52 17.35 10.33 14.64 19.60 4.06 10.85 2,335 3,673 2,271 2,746 2,512 1,858 2,332 2,437 1,850 2,128 5,985 6,616 8,924 10,057 6,105 6,576 9,350 10,952 7,234 8,301 5,174 5,485 6,200 6,996 6,490 7,360 4,208 4,411 5,886 6,471 35 3 36 1 15 51 28 23 63 37 69 2,136 308 67 43 307 20 43 33 171 203 4,858 922 207 149 811 60 127 101 525 225 5,543 1,025 239 165 928 63 144 111 612 10.69 14.09 11.17 15.62 11.13 14.49 6.27 12.86 9.56 16.51 1,963 3,556 2,694 2,633 1,934 2,606 2,161 1,975 1,792 3,462 5,119 8,725 6,732 7,963 6,183 6,073 5,797 5,733 4,056 8,351 5,626 9,911 7,347 9,148 6,857 6,845 6,054 6,465 4,387 9,523 48 4 24 11 30 31 45 38 64 6 79 15 49 51 151 54 160 170 138 18 284 49 161 213 452 215 536 761 446 48 330 53 187 252 525 250 608 914 510 46 16.19 7.70 15.98 18.58 16.31 16.26 13.54 20.08 14.33 -3.80 2,710 1,552 2,488 2,185 1,877 1,689 2,661 2,780 2,108 1,815 7,745 5,001 7,570 6,842 5,418 5,499 8,335 7,330 5,590 5,657 8,844 5,367 8,683 7,881 6,231 6,193 9,424 8,247 6,302 5,369 13 54 14 19 40 41 7 16 39 53 197 37 97 173 101 119 36 23 18 31 757 119 345 268 262 275 129 55 54 90 884 130 389 298 299 313 150 59 61 97 16.82 9.20 12.80 10.94 13.90 14.01 16.76 6.94 13.60 7.59 2,621 2,012 2,278 3,254 2,400 2,998 2,163 1,720 1,568 1,931 8,124 5,784 7,217 5,214 6,025 6,317 6,834 4,239 4,643 5,244 9,344 6,140 8,006 5,551 6,740 7,167 7,844 4,540 4,979 5,613 9 43 17 50 32 26 20 62 59 49 3,016 1,767 1,249 296 223 689 59 96 305 87 7,902 4,621 3,281 702 547 1,807 166 290 805 241 8,869 5,217 3,652 786 582 2,047 189 326 898 268 12.23 12.90 11.29 11.98 6.29 13.26 13.60 12.30 11.53 11.10 3,040 3,259 2,777 3,257 2,340 3,594 2,660 2,803 3,214 2,987 7,025 7,454 6,498 7,047 5,889 8,412 6,197 6,888 7,402 7,262 7,868 8,383 7,232 7,873 6,355 9,463 6,940 7,789 8,150 8,113 6 15 1 11 7 3 4 66 124 356 43 71 113 64 70 355 190 311 942 106 196 263 164 198 974 216 354 1,047 119 222 295 181 224 1,114 14.07 13.97 11.16 12.55 13.76 12.28 10.01 13.10 14.42 3,262 2,838 2,831 2,648 3,052 2,791 2,729 2,311 3,208 7,323 6,437 6,870 5,991 6,798 5,798 5,748 5,602 6,977 8,404 7,222 7,627 6,724 7,708 6,537 6,344 6,400 7,960 2 10 9 12 8 13 16 14 5 15,548 14,373 1,176 247 1,140 2,682 54 64 230 173 39,827 36,391 3,436 561 3,340 6,593 271 158 797 403 44,281 40,500 3,781 623 3,711 7,376 303 167 892 450 11.18 11.29 10.04 11.08 11.11 11.88 11.98 5.96 11.86 11.63 4,020 9,430 10,477 4,118 9,687 10,789 3,115 7,360 8,000 2,936 6,912 7,712 3,913 9,052 9,985 4,379 10,132 11,225 2,665 8,060 8,737 3,231 6,822 7,213 3,385 8,418 9,231 3,260 6,788 7,431 18 6 3 11 21 8 19 148 89 276 45 416 252 53 2,936 2,538 56 131 46 93 340 188 82 569 222 904 152 1,220 1,230 126 8,081 6,231 177 360 110 254 886 466 238 634 238 1,011 170 1,353 1,386 135 9,082 6,933 188 401 117 284 952 507 259 11.28 7.30 11.85 12.24 10.90 12.66 7.19 12.39 11.28 6.35 11.50 6.57 11.85 7.42 8.80 9.00 3,165 7,998 8,691 3,014 7,137 7,760 3,278 8,063 8,830 2,081 5,799 6,410 3,695 8,378 9,250 4,187 10,584 11,659 3,274 7,468 8,049 5,755 13,890 15,641 3,972 9,361 10,400 3,055 7,008 7,354 2,803 6,142 6,677 2,402 5,757 6,106 3,957 9,921 11,053 3,300 7,805 8,399 3,476 7,250 7,832 3,348 7,635 8,366 12 17 10 23 7 2 15 1 5 20 22 24 4 13 16 14 3,271 23,010 22,377 633 380 571 1,521 6,480 51,660 49,712 1,948 1,336 1,184 3,588 7,109 58,190 55,986 2,204 1,524 1,314 3,952 9.71 12.64 12.62 13.14 14.01 10.94 10.16 3,594 4,073 4,079 3,869 4,013 3,836 3,447 8,022 9,015 8,990 10,118 9,004 10,134 8,646 9,718 9,137 10,276 8,143 9,033 7,578 8,307 9 5 8 13 SURVEY OF CURRENT BUSINESS 60 April Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1—Continued Percent change Area title 1969 1979 1969 1980 24 2,562 212 1,757 402 6,235 17 2,870 1,209 2,861 2,390 72 5,876 491 3,704 970 13,954 49 6,533 3,267 5,398 5,238 81 6,669 543 4,134 1,078 15,837 57 7,394 3,670 6,100 5,838 12.22 13.50 10.60 11.63 11.12 13.49 16.24 13.18 12.31 13.01 11.46 3,884 7,841 9,020 4,041 9,282 10,500 3,587 7,593 8,418 3,849 8,341 9,310 3,279 7,006 7,748 4,495 10,179 11,557 4,610 9,335 11,166 4,785 10,733 12,161 3,685 8,075 9,030 3,897 8,265 9,353 3,769 8,068 9,011 10 4 12 7 14 2 3 1 9 6 11 34,862 30,850 4,012 17 19 197 85 34 30 19 86,359 75,091 11,268 55 54 566 239 112 90 55 92,494 80,239 12,254 61 57 606 257 123 97 59 7.10 6.86 8.75 9.22 7.31 6.96 7.75 10.06 7.82 8.47 3,970 4,137 3,032 2,689 2,284 3,096 2,815 2,977 2,830 2,516 9,337 9,967 9,814 10,449 7,055 7,653 5,795 6,198 5,700 6,210 7,002 7,412 7,395 7,949 6,795 7,569 6,233 6,607 6,323 6,993 77 76 47 36 43 66 60 Barry Bay Benzie Berrien Branch Calhoun Cass Charlevoix Cheboygan Chippewa 116 408 24 614 112 536 144 46 45 80 318 1,004 73 1,388 323 1,276 392 144 135 170 346 1,082 79 1,469 334 1,361 421 157 148 186 8.57 7.76 7.71 5.86 3.14 6.67 7.48 8.80 9.63 9.76 3,355 3,505 2,871 3,752 3,118 3,773 3,576 2,778 2,894 2,469 7,017 8,297 6,583 7,993 7,880 8,966 7,911 7,326 6,631 5,611 7,531 9,008 7,046 8,558 8,281 9,595 8,486 7,878 7,133 6,396 44 16 59 24 33 11 28 38 56 73 Clare Clinton Crawford Delta Dickinson Eaton Emmet Genesee Gladwin Gogebic 42 170 17 97 73 256 58 1,746 34 54 144 452 51 262 217 721 176 4,379 116 128 154 507 58 288 234 777 194 4,622 128 142 6.85 12.32 13.55 10.10 7.93 7.77 10.45 5.56 9.97 11.32 2,789 3,584 2,761 2,731 3,047 3,900 3,276 3,914 2,803 2,665 6,180 6,447 8,035 9,059 5,410 6,082 6,691 7,389 8,430 9,209 8,195 8,774 7,653 8,413 9,708 10,238 5,859 6,403 6,297 7,211 69 15 79 50 13 22 30 5 71 52 134 130 114 83 100 968 132 68 34 111 457 316 306 218 284 2,531 343 187 95 317 511 348 317 245 312 2,727 374 202 105 351 11.70 10.04 3.58 12.17 9.80 7.75 9.30 7.68 10.36 10.74 3,361 3,325 3,136 2,443 3,017 3,745 2,871 3,016 2,480 2,742 8,546 7,838 7,410 5,723 7,723 9,393 6,648 6,494 6,793 5,796 9,285 8,578 7,518 6,447 8,528 9,986 7,210 7,101 7,686 6,474 12 23 45 70 25 6 53 57 41 68 Jackson Kalamazoo Kalkaska Kent Keweenaw Lake Lapeer Leelanau . Lenawee Livingston 552 757 14 1,532 5 13 174 32 295 204 1,269 1,930 64 3,991 12 39 544 102 746 815 1,348 2,116 70 4,334 13 44 574 110 795 892 6.24 9.62 9.00 8.60 11.56 13.67 5.55 7.74 6.66 9.44 3,867 3,863 2,548 3,730 2,492 2,675 3,392 3,142 3,633 3,744 8,359 9,178 5,983 9,108 6,082 4,936 7,881 7,159 8,231 8,430 8,877 9,939 6,366 9,728 6,799 5,711 8,178 7,840 8,822 8,873 19 7 74 9 61 81 34 39 21 20 Luce Mackinac Macomb Manistee Marquette Mason Mecosta Menominee Midland Missaukee 17 26 2,690 59 1 179 61 62 63 263 16 51 69 7,339 158 551 172 174 179 684 54 57 75 7,697 171 585 187 206 194 727 59 11.36 9.80 4.87 8.42 6.14 9.01 18.83 8.04 6.31 9.43 2,403 7,399 8,488 2,655 6,685 7,391 4,333 10,642 11,055 3,006 6,836 7,401 2,851 7,294 7,878 2,745 6,698 7,081 2,348 4,770 5,572 2,673 6,738 7,368 4,239 9,348 9,858 2,391 5,475 5,901 26 49 2 48 37 58 82 51 8 80 Monroe Montcalm Montmorency Muskegon Newaygo Oakland Oceana Ogemaw Ontonagon Osceola 425 125 12 532 80 4,580 49 26 27 38 1,144 314 46 1,237 213 12,439 137 91 58 104 1,227 374 51 1,333 230 13,319 146 100 63 118 7.25 18.92 11.14 7.73 7.53 7.08 6.26 10.12 9.89 13.33 3,664 8,522 9,093 3,094 6,670 7,839 2,632 5,989 6,736 3,398 7,829 8,440 2,972 6,161 6,559 5,174 12,324 13,133 2,870 6,191 6,612 2,497 5,619 6,094 2,538 5,593 6,396 2,484 5,583 6,231 14 40 62 29 67 1 65 78 72 75 9 30 460 30 26 791 425 166 107 20 226 31 110 1,340 86 98 2,079 1,096 433 284 56 601 34 120 1,415 95 110 2,205 1,181 466 307 62 635 10.32 9.80 5.55 10.38 12.83 6.03 7.71 7.57 7.97 10.41 5.59 2,083 2,912 3,740 2,352 3,017 3,608 3,591 3,578 3,126 2,461 3,622 4,944 8,003 8,981 6,674 6,716 9,644 8,488 8,295 7,501 7,163 8,899 83 35 17 64 63 10 27 32 46 54 18 Hampshire Middlesex Nantucket Norfolk Plymouth Suffolk Worcester Michigan SMSA counties Non-SMSA counties Alcona Alger . . Allegan Alpena Antrim Arenac Baraga Grand Traverse Gratiot Hillsdale Houghton Huron Ingham Ionia losco Iron Isabella Oscoda Otsego Ottawa Presque Isle Roscommon Saginaw St. Glair St Joseph Sanilac Schoolcraft Shiawassee .. .. See footnotes at end of table. 1979 1980 1980 4,647 7,477 8,680 5,986 5,990 9,170 7,890 7,826 7,015 6,420 8,418 Tuscola Van Buren Washtenaw Wayne Wexford Per capita personal income Percent change Area title 1980 1979 197980 Millions of dollars Rank in state Dollars 1969 Dukes Essex Franklin Total personal income Per capita personal income Total personal income Millions of dollars 197980 156 179 908 11,423 52 444 471 2,551 23,694 163 477 513 2,799 25,239 179 7.37 8.91 9.73 6.52 9.81 13,664 9,838 3,827 24 548 56 46 52 21 155 36,040 25,456 10,584 69 1,836 166 156 173 53 424 39,908 28,545 11,364 77 2,069 182 175 189 58 453 10.73 12.14 7.36 11.64 12.69 9.29 12.27 8.99 10.07 6.91 Cass Chippewa Chisago Clay Clearwater Cook Cottonwood 90 78 91 37 44 50 134 16 9 45 239 215 282 123 111 163 364 39 29 132 252 225 317 134 114 184 397 42 31 135 Crow Wing Dakota Dodge Douglas Faribault Fillmore Freeborn Goodhue Grant Hennepin 92 546 38 58 65 63 124 109 20 4,445 267 1,882 112 179 156 170 311 304 48 10,528 Houston Hubbard Isanti Itasca Jackson Kanabec Kandiyohi . Kittson Koochiching Lac Qui Parle 50 20 48 90 46 25 90 18 44 31 Lake Lake of the Woods Le Sueur Minnesota SMSA Counties Non-SMSA Counties Aitkin Anoka Becker Beltrami Benton Big Stone Blue Earth Brown Carlton Lyon McLeod Mahnomen Marshall Martin Meeker Mille Lacs Morrison Mower Nicollet Nobles Olmsted Otter Tail Pine Pipestone Polk Pope Red Lake Redwood Renville Rice Rock Roseau St Louis Scott Sherburne Sibley Stearns Steele Swift Todd Traverse Wabasha Wadena Waseca Watonwan Rank in state Dollars 1969 1979 1980 1980 3,173 7,890 8,351 3,214 7,138 7,662 4,062 9,705 10,549 4,254 10,069 10,773 2,683 6,583 7,134 31 42 4 3 55 3,636 4,087 2,832 2,152 3,888 2,324 1,942 2,623 2,706 3,206 8,925 9,765 9,788 10,819 7,363 7,845 5,284 5,723 9,575 10,531 5,672 6,173 5,159 5,626 6,996 7,468 6,849 7,533 8,187 8,642 83 7 79 84 59 56 27 5.18 4.51 12.45 9.44 2.72 12.96 8.96 9.23 5.96 2.46 3,184 2,636 3,354 2,316 2,887 2,899 3,175 2,002 2,684 3,133 8,319 7,059 7,650 5,908 7,360 6,476 7,412 4,450 7,129 8,682 8,767 7,485 8,531 6,356 7,639 7,148 8,020 4,814 7,495 9,076 25 58 32 77 53 65 41 87 57 19 295 2,098 117 197 155 178 330 339 52 11,925 10.56 11.46 5.03 10.43 -.76 4.29 5.82 11.40 10.32 13.27 2,739 6,525 7,050 4,241 9,875 10,781 2,833 7,673 7,916 2,598 6,516 7,068 3,045 8,001 7,855 2,868 7,707 8,077 3,311 8,494 9,049 3,166 7,894 8,727 2,610 6,583 7,299 4,593 11,298 12,635 70 4 47 69 49 38 20 26 61 1 131 69 144 281 125 75 264 54 89 92 142 79 163 306 126 81 281 71 106 96 8.32 14.34 12.73 9.02 1.09 8.68 6.34 32.12 19.19 3.92 2,851 1,965 2,619 2,516 3,291 2,543 2,923 2,372 2,552 2,725 6,793 7,240 5,146 5,611 6,284 6,884 6,669 7,105 8,884 9,172 6,308 6,685 7,342 7,626 7,858 10,664 5,077 6,023 8,551 9,005 63 85 71 66 16 74 54 5 81 22 35 8 67 22 72 89 14 31 8.3 55 99 23 188 56 197 260 38 102 234 153 99 25 201 58 215 282 42 129 247 164 -.80 6.81 6.86 3.83 9.48 8.28 12.20 25.80 5.64 7.08 2,622 2,084 3,128 2,629 3,167 3,381 2,370 2,299 3,450 2,853 7,729 5,935 8,031 6,855 7,838 8,899 6,780 7,760 9,501 7,424 7,547 6,639 8,540 7,072 8,517 9,486 7,652 9,869 9,985 7,954 55 75 31 68 33 14 52 10 9 44 40 60 160 36 70 69 27 312 117 37 124 160 338 110 205 196 76 888 323 122 137 170 359 114 218 208 89 997 350 132 10.46 6.09 6.48 3.02 6.47 6.04 16.85 12.30 8.34 8.25 2,641 2,184 3,547 2,821 2,742 2,985 2,630 3,787 2,483 2,781 6,754 7,408 5,551 5,780 8,175 8,878 9,569 9,857 7,660 8,068 8,911 9,487 8,141 9,441 9,684 10,812 6,299 6,723 7,918 8,607 60 82 24 11 40 13 15 3 73 29 39 39 93 28 2,043 12 59 66 125 40 116 89 259 77 4,602 38 177 181 333 107 127 94 296 83 5,144 44 175 186 367 113 9.15 5.36 14.31 7.85 11.76 15.16 -1.05 2.78 9.95 5.19 2,254 5,938 6,364 3,001 7,526 8,001 2,695 7,404 8,466 2,513 6,584 7,089 4,381 10,100 11,158 2,191 6,905 8,068 2,923 9,163 9,031 3,106 8,883 9,088 2,895 7,265 7,934 3,799 10,129 10,538 76 43 35 67 2 39 21 18 46 6 29 711 100 50 44 245 97 29 36 44 100 1,835 342 211 132 703 283 83 79 127 105 1,993 379 238 133 780 306 89 81 139 4.86 8.60 10.83 12.52 .84 10.84 8.38 6.85 2.74 9.24 2,409 3,169 3,190 2,962 2,666 2,716 3,549 2,670 2,582 2,008 7,957 8,298 8,307 8,947 7,931 8,638 7,322 7,936 8,597 8,581 6,530 7,191 9,386 10,081 7,505 7,826 6,092 6,277 5,107 5,535 36 23 28 45 30 64 8 50 78 86 17 51 29 52 306 42 34 149 81 150 1,005 112 38 158 87 157 1,111 113 12.09 6.44 7.01 5.05 10.55 1.06 2,508 3,010 2,347 3,101 3,935 3,247 5,995 7,654 5,709 8,243 9,036 9,286 6,862 8,164 6,110 8,500 9,759 9,126 72 37 80 34 12 17 SURVEY OF CURRENT BUSINESS April 61 Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years l—Continued Per capita personal income Total personal income Area title 1969 1979 1980 197980 1969 1979 65 364 430 110 10.86 6.86 12.39 3.13 2,769 3,172 2,847 2,842 7,121 7,358 6,774 7,861 7,717 7,860 7,283 8,016 51 48 62 42 5,193 1,616 3,576 99 65 23 36 14 88 28 15,245 4,897 10,348 264 204 66 96 37 230 82 16,567 5,412 11,154 293 224 70 104 38 242 84 8.67 10.52 7.80 10.92 9.60 5.29 8.42 2.91 5.22 2.49 2,339 3,028 2,121 2,632 2,409 1,639 1,819 1,798 1,762 1,878 6,079 7,229 5,653 7,001 6,307 5,021 4,857 4,522 4,994 5,246 6,557 7,891 6,060 7,682 6,767 5,205 5,241 4,662 5,261 5,325 4 13 65 61 72 60 55 17 36 16 19 29 41 77 48 27 89 37 105 44 69 95 127 201 138 86 342 37 107 47 66 105 134 214 150 92 371 -1.71 1.08 6.62 -3.43 10.90 6.07 6.69 8.68 7.71 8.55 1,749 2,132 1,836 1,869 1,927 2,189 1,882 1,904 1,908 2,565 3,744 5,880 4,839 5,597 5,644 6,029 5,407 5,265 5,528 6,443 3,749 5,958 5,211 5,400 6,202 6,353 5,789 5,658 5,784 6,871 81 32 63 52 24 18 36 40 37 11 147 14 24 14 50 42 412 708 38 24 436 41 79 40 126 117 983 2,190 98 69 486 44 83 43 136 135 1,127 2,427 102 70 11.48 7.27 5.98 5.67 7.49 14.97 14.66 10.84 3.81 1.39 2,548 1,680 1,964 1,593 2,530 2,534 3,087 3,325 1,597 1,568 6,675 5,075 5,197 4,108 6,000 4,963 6,269 8,792 4,223 4,961 7,338 5,372 5,426 4,320 6,445 5,475 7,131 9,648 4,418 5,025 6 54 . 51 80 17 49 8 1 77 69 Issaquena Itawamba Jackson Jasper Jefferson Jefferson Davis Jones Kemper Lafayette Lamar 4 36 242 32 14 23 135 15 48 30 14 109 777 93 50 64 402 44 156 114 9 -38.61 119 8.93 818 5.17 103 11.15 50 .17 69 7.76 450 11.76 46 5.52 172 9.71 126 11.01 1,578 2,176 2,852 1,993 1,475 1,733 2,368 1,457 1,994 1,974 5,721 5,416 6,573 5,347 5,427 4,660 6,497 4,267 5,032 4,913 3,384 5,778 6,911 5,970 5,439 5,000 7,246 4,517 5,515 5,283 82 38 10 31 50 70 7 73 47 57 Lauderdale Lawrence Leake Lee Leflore Lincoln Lowndes Madison Marion Marshall 189 19 33 130 95 57 121 62 45 39 519 60 97 410 245 171 361 204 132 121 574 65 104 448 259 186 399 220 149 129 10.48 9.21 6.99 9.10 5.57 8.96 10.53 7.78 12.16 6.81 2,805 1,717 1,903 2,841 2,227 2,154 2,439 2,074 1,939 1,621 6,749 4,843 5,148 7,339 5,902 5,734 6,235 4,996 5,137 4,169 7,406 5,208 5,513 7,830 6,213 6,154 6,952 5,282 5,764 4,390 5 64 48 3 23 25 9 58 39 78 Monroe Montgomery Neshoba ... Newton Noxubee Oktibbeha Panola Pearl River Perry Pike 79 27 40 40 24 60 54 60 14 68 210 63 129 115 64 195 145 187 53 193 228 68 140 124 60 217 152 206 55 211 8.65 7.40 8.52 8.17 -6.88 11.11 4.60 10.22 5.24 9.21 2,320 2,089 1,903 2,094 1,637 2,103 1,973 2,199 1,576 2,113 5,735 4,822 5,431 5,754 4,761 5,514 5,225 5,618 5,286 5,378 6,258 5,065 5,868 6,217 4,507 6,009 5,383 6,072 5,599 5,824 21 67 34 22 74 30 53 26 43 35 Pontotoc Prentiss Quitman ... Rankin Scott Sharkey Simpson Smith Stone Sunflower 34 40 26 107 48 14 50 28 17 65 114 126 62 423 128 43 137 75 65 174 119 3.79 135 7.18 56 -8.81 468 10.82 137 7.09 38 -10.69 142 3.87 80 5.56 66 1.34 185 6.44 1,974 2,003 1,561 2,465 2,227 1,549 2,501 2,022 2,095 1,719 5,473 5,221 4,803 6,307 5,237 5,255 5,855 5,015 6,814 5,014 5,656 5,587 4,433 6,731 5,571 4,822 6,047 5,272 6,798 5,303 41 44 76 14 46 71 27 59 12 56 Tallahatchie Tate Tippah Tishomingo Tunica Union Walthall Warren ... Washington Wayne .. 32 38 32 31 20 43 23 127 169 28 76 115 100 102 47 125 68 381 443 90 75 121 110 117 43 137 71 420 487 100 -1.87 5.79 9.91 14.56 -7.43 9.46 4.70 10.09 10.02 10.92 1,592 2,019 2,051 2,066 1,624 2,265 1,797 2,816 2,356 1,699 4,412 5,218 5,322 5,645 4,833 5,782 4,936 7,477 6,049 4,764 4,358 6,024 5,875 6,334 4,481 6,282 5,130 8,111 6,719 5,232 79 28 33 19 75 20 66 2 15 62 21 21 39 24 59 59 52 103 64 171 62 57 109 66 177 6.16 8.25 6.39 4.29 3.69 2,037 1,823 2,117 1,968 2,119 5,563 5,154 5,225 4,856 6,201 6,022 5,654 5,587 5,041 6,464 29 42 45 68 16 16,063 12,144 40,225 29,127 43,698 32,119 8.63 10.27 3,462 3,918 8,227 9,103 8,865 9,978 Carroll Chickasaw Choctaw Claiborne Clarke Clay Coahoma Copiah Covington De Soto Forrest Franklin George Greene .. Grenada Hancock Harrison Hinds Holmes Humphreys .. . .. .. Webster .. Wilkinson Winston Yalobusha Yazoo Missouri SMSA counties See footnotes at end of table. 1979 1980 3,919 55 37 31 81 51 26 40 21 15 11,098 165 100 91 228 147 78 119 68 41 4.34 11,579 5.54 175 97 -3.33 75 -16.97 1.83 232 11.38 164 77 -1.49 -.15 119 5.03 72 5.25 43 239 289 73 21 72. 33 141 43 6 128 737 672 210 60 240 120 440 113 20 385 22 33 39 20 455 41 157 46 34 17 1980 58 341 383 106 Mississippi SMSA counties Non-SMSA counties Adams Alcorn Amite Attala Benton Bolivar Calhoun Area title 1969 Non-SMSA counties Adair Andrew Atchison Audrain Barry Barton Bates Benton Bollinger Per capita personal income Percent change Millions of dollars 1980 26 136 111 41 Wilkin Winona Wright Yellow Medicine Total personal income Rank in state Dollars Percent change Millions of dollars 197980 Rank in state Dollars 1969 1979 1980 1980 2,544 6,568 2,428 6,751 3,109 7,269 3,342 10,288 3,169 8,842 2,592 6,083 2,447 6,938 2,566 7,591 2,178 6,122 1,631 4,039 6,771 7,002 6,916 8,716 8,739 6,708 6,800 7,465 5,877 4,192 51 56 9 8 62 60 33 88 114 11.11 819 10.61 743 9.48 229 57 -4.56 7.13 258 13.79 136 7.88 474 100 -12.00 13.40 23 9.57 422 3,004 3,274 2,131 2,513 2,763 2,506 2,857 3,315 1,522 3,451 7,548 7,599 5,534 6,802 7,646 6,142 7,650 9,366 3,617 7,761 8,140 8,434 6,071 6,594 7,968 6,805 8,043 8,183 4,216 8,255 19 13 80 64 23 59 20 18 112 16 62 106 134 63 1,244 114 464 121 100 44 7.91 67 91 -14.00 9.56 146 55 -13.99 8.15 1,346 113 -1.22 13.09 524 .09 122 10.91 111 6.09 46 2,293 2,959 2,576 2,390 4,042 3,281 3,395 3,076 2,312 2,354 5,339 9,775 6,055 7,728 9,104 7,323 8,505 8,420 5,621 5,946 5,584 8,642 6,516 6,413 9,835 7,064 9,234 8,282 6,041 6,282 97 10 66 70 3 46 6 15 82 74 19 20 21 25 15 71 164 30 23 487 55 63 57 71 47 198 520 84 63 1,410 16.71 64 56 -11.46 51 -10.68 14.27 81 8.88 51 9.68 217 9.51 569 10.30 93 58 -7.70 11.79 1,576 1,870 2,361 2,818 2,165 1,542 2,072 2,928 2,452 2,745 3,205 4,586 7,161 6,783 4,860 4,214 5,340 7,307 6,482 7,825 7,690 5,293 6,284 6,146 5,574 4,418 5,968 7,971 7,036 7,335 8,488 102 73 78 98 111 84 22 49 35 12 30 25 55 8 23 28 52 23 2,577 235 96 74 155 26 66 72 145 69 5,761 607 93 -2.90 65 -12.36 1.86 158 21.19 32 53 -19.83 -.77 72 15.49 168 14.49 79 9.28 6,295 11.94 680 2,503 2,406 2,927 1,727 3,427 2,617 2,185 2,372 3,949 2,904 7,838 7,513 7,928 4,281 9,423 7,328 5,051 6,117 9,118 7,015 7,758 6,582 8,025 4,986 7,703 7,143 5,808 7,087 9,982 7,797 28 65 21 107 29 44 93 45 2 27 311 80 16 48 86 60 27 58 42 47 965 240 50 137 249 167 79 159 119 144 10.21 1,063 2.69 246 39 -22.15 14.51 157 -.90 247 11.97 187 76 -4.03 .63 160 118 -1.59 144 -.16 3,014 2,358 2,652 2,373 3,212 2,406 2,389 3,223 2,679 3,020 6,689 6,194 8,971 5,644 8,541 5,789 7,341 7,460 7,523 9,039 7,225 6,292 7,052 6,426 8,242 6,433 6,953 7,203 7,568 9,133 38 72 48 69 17 68 54 39 31 7 28 43 19 13 81 11 39 32 29 28 66 121 50 37 211 35 117 97 80 82 9.72 73 114 -5.47 58 14.75 5.18 39 224 6.07 29 -17.24 130 10.82 93 -3.76 86 8.23 76 -6.84 2,273 2,698 2,100 1,891 2,873 2,210 2,582 1,895 2,682 2,851 4,391 7,513 4,671 4,826 .7,495 7,786 6,385 6,126 6,841 8,422 4,874 6,976 5,367 5,200 7,804 6,170 7,001 5,896 7,145 7,824 109 53 101 104 26 77 52 87 43 24 Nodaway Oregon Osage Ozark Pemiscot Perry 29 25 41 79 56 17 26 11 48 38 86 69 123 221 163 47 69 38 139 115 85 79 126 242 155 50 73 41 147 121 -1.23 14.33 2.25 9.36 -4.89 7.72 5.79 5.45 6.12 5.36 2,583 2,486 1,693 2,389 2,448 1,789 2,315 1,690 1,752 2,562 7,485 5,018 5,392 5,494 7,376 4,499 5,744 4,782 5,576 6,874 7,320 5,682 5,472 5,945 7,010 4,901 6,095 5,080 5,870 7,181 36 95 99 85 50 108 79 105 89 41 Petis Phelps Pike Platte Polk Pulaski Putnam Rails Randolph Ray 102 75 56 121 35 184 12 20 61 54 267 203 142 411 102 201 40 60 178 151 274 2.46 10.25 223 133 -5.80 7.16 441 8.09 111 14.85 230 35 -12.64 56 -6.75 6.10 189 2.12 154 2,983 2,543 3,249 3,809 2,272 3,387 1,899 2,584 2,715 3,088 7,297 6,058 8,042 8,911 5,441 4,742 6,235 6,944 7,184 7,201 7,506 6,627 7,577 9,487 5,864 5,471 5,652 6,242 7,391 7,172 32 63 30 4 90 100 96 76 34 42 Reynolds Ripley 12 16 36 48 1,924 1,585 5,154 3,866 5,944 4,214 86 113 Boone Buchanan Butler Caldwell.. Callaway Camden A Carroll Carter Cass Cedar Ch ' t' n Clark Clay Clinton Cole Crawford Dade Dallas Daviess De Kalb Dent Douglas Dunklin Franklin Gentry Grundy TT Hie ko Holt Howard Howell T k I h K Laclede Lafayette Lawrence Lewis Lincoln Livingston McDonald Macon M Marion Miller Mississippi M ,, ° y New Madrid 43 53 20.28 10.21 62 SURVEY OF CURRENT BUSINESS April Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years l —Continued Total personal income Millions of dollars Per capita personal income Dollars Per- Area title change St Charles St. Clair Ste. Genevieve St Francois St. Louis Saline Schuyler Scotland Scott Shannon Shelby Stoddard Stone Sullivan Taney Texas Vernon Warren Washington Wayne. Webster Worth Wright St. Louis — Independent city 1980 1979 1969 197980 1969 1979 Total personal income Millions of dollars Rank in state Area title 1980 1969 1,078 51 103 267 10,906 219 32 45 248 32 1,202 11.46 51 -.37 106 2.65 301 13.05 12,048 10.47 214 -2.21 31 -3.70 37 -16.37 267 7.70 37 14.77 3,564 2,697 2,681 2,520 5,019 3,067 2,387 2,340 2,361 1,758 7,805 8,358 6,103 5,850 6,803 6,952 6,468 7,058 1,226 12,329 8,805 8,573 6,512 6,246 7,970 6,895 6,374 6,728 4,120 4,677 14 91 55 47 1 11 75 58 61 110 Box Butte Boyd Brown Buffalo Burt Butler Cass Cedar Chase Cherry 22 56 20 21 34 37 43 29 32 14 36 8 28 66 171 87 56 127 100 129 108 80 43 107 21 85 57 -13.03 170 -.40 12.63 98 48 -13.38 148 16.51 11.84 112 137 5.85 8.09 117 91 13.61 8.82 46 124 15.65 17 -17.10 14.17 97 2,698 2,125 1,961 2,689 2,607 2,022 2,194 2,982 2,123 1,567 2,318 2,462 2,011 8,260 5,979 5,859 7,412 6,241 4,773 6,649 7,373 4,552 3,772 5,421 6,544 5,378 7,288 5,848 6,298 6,495 7,198 5,286 6,901 7,809 5,071 4,106 6,071 5,785 5,998 37 92 71 67 40 103 57 25 106 115 81 94 83 Cheyenne Clay Colfax Cuming Custer Dakota 2,112 3,826 4,277 11.78 3,284 8,363 9,417 2,182 578 1,604 23 27 17 6 22 8 283 6,145 1,670 4,476 70 79 40 21 58 12 685 6,822 1,828 4,994 75 90 44 21 64 14 735 11.02 9.51 11.58 6.62 14.28 9.72 2.06 9.94 13.58 7.28 3,144 3,443 3,049 2,813 2,638 2,474 2,509 3,050 3,992 3,485 7,787 8,675 7,500 8,843 7,195 5,511 6,328 6,943 6,671 8,108 8,652 9,665 8,332 9,099 8,082 6,239 6,450 7,898 7,627 9,084 9 34 55 54 38 41 11 Chouteau Custer Daniels Dawson Deer Lodge Fallon Fergus Flathead Gallatin Garfield 28 44 12 36 41 12 42 118 84 8 42 113 20 89 88 27 98 408 292 12 51 127 25 106 88 34 108 439 326 14 22.03 13.28 25.55 18.28 .31 24.83 10.32 7.75 11.43 18.38 4,267 3,585 3,901 3,195 2,552 2,925 3,301 3,032 2,632 4,608 6,837 8,543 7,043 7,509 6,787 7,028 7,508 7,918 6,963 6,705 8,380 9,700 8,884 8,920 6,978 8,988 8,229 8,436 7,585 8,305 27 8 17 16 52 13 31 25 42 30 Glacier Golden Valley Granite Hill Jefferson Judith Basin Lake Lewis and Clark Liberty Lincoln 29 3 7 58 12 10 32 123 11 56 90 9 21 137 46 18 106 377 23 119 105 9 22 154 51 19 116 426 27 125 16.28 .70 6.13 12.54 11.56 7.35 9.63 12.92 21.45 5.00 2,627 3,148 2,387 3,296 2,324 3,708 2,215 3,737 4,443 3,202 8,707 9,864 8,654 8,478 7,640 8,144 7,597 8,561 6,292 7,211 6,552 7,106 5,709 6,090 8,869 9,866 9,551 11,743 6,626 7,010 5 24 33 23 47 49 56 4 2 51 McCone Madison Meagher Mineral Missoula Musselshell Petroleum Phillips Pondera Powder River 10 11 5 8 179 11 2 15 24 10 19 38 20 26 593 35 6 36 48 21 24 41 19 28 655 39 5 41 57 23 28.72 7.59 -2.36 5.68 10.49 13.14 -6.83 14.81 16.79 9.63 3,399 2,184 2,501 2,671 3,136 2,884 2,823 2,726 3,520 3,517 6,927 6,924 8,616 7,039 8,007 7,573 8,791 6,845 7,054 8,234 8,927 7,545 8,962 7,526 8,603 8,813 8,365 7,636 8,392 9,092 15 43 14 44 22 21 28 40 26 10 18 5 37 29 30 18 18 20 128 15 9 22 21 5 40 9 5 295 55 11 144 96 68 63 58 41 310 37 25 50 58 8 74 21 7 985 58 14 159 121 79 79 62 53 338 42 27 58 68 9 82 21 10 1,094 5.65 32.63 10.19 26.16 15.44 24.05 6.87 28.70 9.27 12.74 5.27 14.16 16.76 12.34 10.63 4.46 30.97 11.06 2,732 7,645 8,318 2,843 5,680 7,681 2,571 6,653 7,061 2,899 8,140 9,831 2,820 6,659 7,499 3,022 6,526 7,930 2,502 6,507 7,182 3,406 7,490 9,749 3,022 7,876 8,858 3,286 6,411 7,443 3,027 7,763 8,223 3,569 7,468 8,856 3,530 10,568 12.256 4,305 7,156 8,824 3,180 6,843 7,969 3,459 8,778 9,073 3,061 4,757 6,631 3,403 9,118 10,098 29 39 50 6 45 36 48 7 18 46 32 19 1 20 35 12 53 3 33 94 103 9.51 2,860 7,229 7,916 37 5,248 2,455 2,793 109 25 1 3 2 24 13,672 6,377 7,296 274 80 4 4.59 14,300 9.96 7,012 11 7,288 6.23 291 62 -22.09 4 -8.59 56.97 8 6 -1.11 52 -18.39 3,560 3,921 3,294 3,583 2,733 2,023 2,848 2,399 2,930 8,740 9,086 9,217 10,088 8,361 8,294 8,937 9,465 9,066 7,158 6,828 7,043 5,548 8,898 7,375 6,361 8,474 7,048 11 67 75 18 85 73 Montana SMSA counties Non-SMSA counties. Beaverhead Big Horn Elaine Broadwater Carbon Carter Cascade , Powell Prairie Ravalli Richland Roosevelt Rosebud Sanders Sheridan Silver Bow Stillwater Sweet Grass Teton Toole Treasure Valley Wheatland Wibaux Yellowstone Park (Incl. Yellowstone National Park) Nebraska SMSA counties Non-SMSA counties Adams Antelope Arthur Banner Blaine Boone See footnotes at end of table. r 6 64 5 . . Dawson Deuel Dodge Dundy Franklin Furnas Garden Garfield Grant Hall Hamilton Harlan Hitchcock Holt Hooker Howard Johnson Keith..... Keya Paha Kimball Knox Lincoln Loup McPherson Merrick Morrill Nemaha Nuckolls Otoe Perkins Phelps Platte Polk Red Willow Rock Saline Sarov Scotts Bluff Seward Sherman Sioux Stanton Thayer Thomas Thurston Valley Washington Wayne Webster Wheeler York Nevada SMSA counties Non-SMSA counties Churchill Clark Rank in state Dollars change 1980 1979 197980 1980 306 21 35 94 4,511 77 11 13 80 13 Per capita personal income Per1969 1979 1980 1980 32 8 13 89 33 33 63 27 15 22 95 23 33 275 81 75 168 85 46 51 109 14.54 24 1.42 32 -3.85 289 4.98 69 -15.22 70 -7.75 172 2.11 74 -12.05 41 -11.37 54 5.81 3,111 2,151 3,077 2,951 3,531 3,531 3,622 2,214 3,591 3,142 7,408 6,967 7,934 7,993 9,367 8,443 8,085 7,801 9,902 7,498 7,955 7,060 7,312 8,273 7,801 7,444 8,435 6,839 8,576 7,943 38 71 60 32 47 56 28 77 25 39 34 32 31 41 43 41 25 75 13 22 82 74 81 111 105 122 62 188 23 54 101 23.13 64 -13.00 76 -6.44 93 -16.64 101 -4.26 130 6.24 70 13.58 194 3.08 27 19.93 46 14 81 3,008 3,838 3,299 3,409 3,015 3,147 2,581 3,880 4,808 2,880 8,068 9,998 9,116 7,934 8,141 7,636 9,564 7,930 7,457 7,232 7,478 7,831 6,497 7,311 8,592 8,714 9,337 11,093 7,350 6,372 5 40 50 41 62 44 61 21 3 84 130 1,583 9 34 16 11 22 82 10 7 331 3,935 29 81 36 29 48 202 21 17 347 4.69 4,346 10.43 25 -13.48 72 -11.45 34 -3.92 26 -8.76 51 6.81 213 5.43 23 11.73 3.01 18 3,740 9,443 9,650 4,107 9,824 10,894 3,253 10,490 8,852 4,177 10,181 9,078 3,520 7,927 7,814 2,782 7,594 7,150 3,171 7,330 7,851 3,205 7,813 8,684 3,204 7,531 8,202 2,723 7,266 7,495 8 4 20 16 45 69 43 24 35 54 7 4 11 165 34 14 5 12 28 3 18 7 27 411 80 33 7 30 99 7 14 -21.47 7 -2.39 22 -17.31 442 7.60 67 -16.50 34 .27 7 13.09 34 13.77 89 -9.30 8 12.12 6,733 8,267 6,342 9,245 7,205 7,801 5,430 8,313 6,577 8,185 80 33 86 13 63 46 90 30 82 36 19 34 18 26 31 3 20 26 626 96 52 77 38 72 83 6 45 77 1,726 314 46 1076 81 5.56 38 83 61 -14.22 89 7.06 6 6.61 56 23.70 69 -11.37 1,897 9.92 326 3.70 2,994 7,646 6,801 3,214 7,908 8,224 3,160 7,046 7,157 3,993 10,488 8,694 3,688 8,922 9,482 2,348 4,498 4,788 3,227 9,600 11,456 2,191 6,823 5,969 3,787 9,149 9,812 3,279 8,644 8,924 79 34 68 22 10 92 1 88 6 17 2 2 2 88 30 16 15 32 22 55 7 5 4 294 67 41 34 65 49 124 7 3.61 4 -10.07 4 2.05 304 3.33 63 -5.34 45 10.10 29 -15.58 64 -1.12 48 -2.32 127 2.09 2,525 1,963 2,747 3,209 3,450 2,723 2,845 3,634 2,953 3,532 6,999 5,534 6,990 9,561 7,506 6,969 7,179 7,720 7,201 8,158 7,377 4,780 7,205 9,651 7,060 7,445 6,043 7,681 7,169 8,350 58 93 64 7 72 55 87 49 66 29 13 13 35 22 103 29 39 44 6 44 30 35 98 70 282 58 105 87 18 114 30 -1.20 15.17 41 94 -3.43 60 -14.31 270 -3.97 49 -15.55 115 9.21 86 -1.27 17 -4.35 121 5.31 2,960 3,661 3,672 2,589 3,970 4,351 3,174 3,595 2,644 3,465 7,634 7,608 9,732 11,193 9,908 9,636 8,441 7,082 9,682 9,353 9,516 7,699 8,457 9,110 7,759 7,616 7,552 7,190 8,894 9,159 52 2 9 70 12 48 15 51 65 14 205 59 117 46 21 12 6 17 24 3 593 157 313 113 53 32 10 51 64 8 639 149 340 110 60 30 10 42 63 8 7.79 -4.82 8.70 -3.16 13.50 7 11 6.38 1705 -1.65 6.84 3,283 3,532 3,195 3,256 2,827 2,599 2,685 2,669 3,009 2,768 6,878 8,728 8,214 7,201 6,983 7,953 4,623 7,880 8,645 7,842 7,417 7,958 8,853 6,940 7,891 7,044 5,625 6,439 8,275 8,542 57 37 19 76 42 74 89 83 31 27 19 15 49 27 16 2 51 53 44 134 75 35 7 135 48 -9.45 41 -6.06 133 -.57 68 -9.87 37 4.13 6 -21.95 129 4 64 2,749 2,616 3,796 2,527 2,943 1,964 3,796 7,367 8,205 8,677 7,772 7,366 6,795 9,237 6,705 7,313 8,565 6,833 7,520 5,184 8,694 81 59 26 78 53 91 23 2,081 1,728 353 31 1,164 7,435 6,231 1,204 105 4,105 4,335 4,477 3,751 2,992 4,350 9,718 10,723 9,913 10,926 8,818 9,798 7,706 8,415 9,300 10,321 14 6 8,594 7,182 1,412 117 4,781 15.58 15.27 17.22 12.24 16.48 3,489 3,967 2,745 3,889 3,924 3,262 2,991 2,978 2,200 2,686 8,518 7,845 7,364 8,638 8,767 7,740 4,997 7,224 7,371 7,052 SURVEY OF CURRENT BUSINESS April 63 Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years l—Continued Total personal income Millions of dollars Area title 1969 Douglas Elko Esmeralda Eureka Humboldt Lander Lincoln Lyon Mineral .... Nye 1979 Per capita personal income 1980 197980 1969 1979 1969 1980 200 152 6 12 70 32 22 101 46 62 230 184 7 14 86 41 28 121 53 75 15.23 21.03 14.37 13.03 24.07 27.10 24.74 19.70 16.47 21.68 5,602 10,863 11,826 4,038 9,479 10,640 3,795 7,640 8,469 4,869 12,103 11,538 3,620 8,045 9,127 3,487 8,890 9,979 2,706 6,204 7,481 3,333 8,165 8,869 3,399 7,468 8,534 4,050 7,538 8,262 2 4 13 3 9 7 17 10 12 16 12 3 564 33 59 25 10 2,126 62 300 30 12 2,401 76 337 18.14 22.41 12.92 21.82 12.53 4,586 8,183 8,790 3,726 7,488 8,288 4,765 11,358 12,371 3,309 7,725 9,259 3,829 9,435 10,513 11 15 1 8 5 2,599 1,569 1,029 117 63 188 100 184 866 281 7,420 4,580 2,840 338 210 486 243 504 2,362 787 8,414 5,207 3,207 383 238 552 271 565 2,703 895 13.40 13.69 12.94 13.07 13.61 13.48 11.64 12.07 14.45 13.70 3,589 3,699 3,434 3,686 3,473 3,675 2,902 3,395 3,917 3,526 8,137 8,365 7,794 7,908 7,634 7,818 6,925 7,758 8,583 8,155 9,119 9,405 8,689 8,905 8,504 8,859 7,686 8,567 9,750 9,080 4 7 5 10 6 1 3 488 215 97 1,625 593 272 1,843 661 304 13.41 11.45 11.87 3,655 3,090 3,174 8,664 6,997 7,678 9,658 7,722 8,422 2 9 8 31,252 29,743 1,509 643 4,853 1,309 1,760 209 418 4,165 71,950 66,734 5,216 1,667 10,767 3,062 4,063 670 1,005 7,929 80,799 74,918 5,881 1,997 12,072 3,376 4,515 762 1,115 8,935 12.30 12.26 12.74 19.80 12.12 10.26 11.14 13.78 10.88 12.68 4,405 9,758 10,935 4,444 9,891 11,089 3,752 8,331 9,285 3,680 8,634 10,264 5,431 12,647 14,243 4,180 8,461 9,291 3,902 8,587 9,551 3,540 8,199 9,246 3,462 7,503 8,369 4,502 9,232 10,468 10 1 16 15 17 21 9 Gloucester Hudson Hunterdon Mercer Middlesex Monmouth Morris Ocean Passaic Salem 578 2,392 293 1,249 2,407 1,930 1,852 714 1,897 226 1,557 4,973 880 2,987 5,947 4,910 4,590 2,678 4,097 525 1,716 5,562 978 3,359 6,677 5,518 5,212 3,019 4,582 552 10.22 11.84 11.16 12.47 12.28 12.39 13.55 12.72 11.83 5.23 3,400 7,915 8,565 3,913 8,900 9,883 4,272 10,072 11,173 4,084 9,635 10,884 4,201 10,002 11,174 4,279 9,823 10,940 4,917 11,299 12,754 3,582 7,834 8,701 4,116 9,107 10,206 3,807 8,029 8,521 19 12 6 8 5 7 3 18 11 20 Somerset Sussex Union Warren 1,001 294 2,785 277 2,517 988 5,419 720 2,808 1,121 6,099 822 11.58 13.52 12.55 14.11 5,132 12,408 13,793 3,896 8,579 9,633 5,173 10,661 12,041 3,812 8,758 9,708 2 14 4 13 2,870 1,233 1,637 1,022 5 125 31 124 7 182 9,159 4,051 5,109 3,350 14 351 92 305 19 548 10,266 4,544 5,722 3,764 14 410 105 339 20 611 12.08 12.18 12.01 12.36 1.75 16.80 13.84 11.23 1.76 11.50 2,838 3,074 2,683 3,248 2,345 2,879 2,560 3,263 2,681 2,642 7,878 8,227 7,621 8,943 5,171 8,007 7,650 8,050 8,019 6,328 4 29 10 13 8 9 22 Eddy Grant Guadalupe Harding Hidalgo Lea Lincoln Los Alamos Luna McKinley 119 67 11 4 12 157 20 73 32 86 338 176 25 7 41 452 77 221 102 319 392 196 26 8 48 540 84 246 109 332 15.91 11.63 3.05 3.49 15.36 19.60 10.24 11.06 7.09 3.98 2,911 7,143 8,169 3,016 6,969 7,477 2,256 5,353 5,691 2,671 6,805 7,088 2,574 6,784 7,848 3,154 8,156 9,686 2,614 7,273 7,653 4,802 12,516 13,926 2,774 6,556 6,985 1,994 5,690 6,032 7 15 26 18 11 3 12 1 19 24 Mora Otero Quay Rio Arriba Roosevelt Sandoval San Juan San Miguel Santa Fe Sierra 5 121 27 47 45 28 128 39 166 17 17 283 72 149 108 152 597 103 551 50 19 310 79 164 119 169 673 112 621 61 10.72 9.36 10.11 9.87 10.98 10.62 12.59 8.57 12.88 21.43 1,097 2,964 2,449 1,865 2,737 1,641 2,456 1,776 3,109 2,390 3,903 6,246 6,767 5,001 6,873 4,476 7,570 4,548 7,306 5,978 4,473 6,920 7,462 5,588 7,591 4,835 8,301 4,894 8,233 7,231 32 20 16 27 14 31 5 30 6 17 24 32 11 16 87 64 103 42 50 380 70 116 45 46 418 9.79 12.72 8.16 -7.57 9.97 2,421 4,851 1,819 5,520 2,064 5,783 3,123 10,390 2,177 6,754 5,366 6,128 6,016 9,813 6,857 28 23 25 2 21 79,807 74.639 5,169 161,478 149,801 11,678 180,497 167,568 12,929 11.78 11.86 10.71 < New Hampshire SMSA counties Non-SMSA counties Belknap Carroll Cheshire Coos Grafton Hillsborough Merrimack Rockingham Strafford Sullivan New Jersey SMSA counties Non-SMSA counties Atlantic Bergen Burlington Camden Cape May Cumberland Essex New Mexico SMSA counties Non-SMSA counties Bernalillo Catron Chaves Colfax ... Curry De Baca Dona Ana Socorro Taos Torrance Union Valencia New York SMSA counties Non-SMSA counties See footnotes at end of table. Area title 4,408 4,528 3,190 7,153 7,518 6,887 8,152 5,047 7,108 6,869 7,109 8,094 5,846 9,157 10,252 9,425 10,557 6,710 7,457 1979 1980 197980 Rank in state Dollars Percent change Millions of dollars 1980 37 56 2 5 23 9 7 27 24 22 Pershing Storey Washoe White Pine Carson City Per capita personal income Total personal income Rank in state Dollars Percent change 1969 1979 1980 1980 1,202 130 5,065 841 246 254 495 361 148 192 2,625 302 8,649 1,768 552 564 1,081 738 320 494 2,925 334 9,664 1,951 604 624 1,203 820 360 543 11.44 10.77 11.75 10.34 9.33 10.69 11.29 11.11 12.47 9.80 4,199 2,801 3,462 3,787 3,010 3,316 3,363 3,564 3,219 2,645 9,147 10,207 5,761 6,442 7,276 8,240 8,147 9,112 6,459 7,029 6,977 7,795 7,357 8,169 7,426 8,374 6,482 7,277 6,107 6,706 8 59 26 15 52 35 29 23 47 56 175 144 135 883 4,318 100 112 167 210 114 408 323 300 2,126 8,945 225 253 359 449 275 452 354 333 2,384 9,722 251 286 396 494 304 10.80 9.58 11.02 12.15 8.68 11.54 12.89 10.22 9.97 10.61 3,418 3,160 3,018 4,040 3,895 2,890 2,539 3,174 3,596 3,453 6,892 6,741 6,340 8,779 8,659 6,257 5,685 6,398 7,576 6,707 7,581 7,228 7,089 9,707 9,552 6,929 6,353 7,167 8,300 7,422 41 48 51 11 12 55 60 49 24 43 Herkimer . Jefferson Kings Lewis Livingston Madison. Monroe Montgomery Nassau. 12 269 284 9,648 64 182 194 3,216 193 7,984 30 470 613 17,109 143 396 434 6,868 382 16,922 34 521 673 19,068 158 439 479 7,746 423 18,991 11.83 10.66 9.82 11.45 10.67 11.04 10.31 12.79 10.80 12.22 2,648 5,724 6,665 3,982 7,023 7,786 3,211 6,874 7,618 3,715 7,629 8,519 2,709 5,541 6,316 3,408 6,813 7,690 3,123 6,563 7,337 4,592 9,785 11,003 3,452 7,136 7,905 5,605 12,875 14,333 57 36 39 20 61 37 45 5 34 3 New York . Niagara Oneida Onondaga Ontario Orange. Orleans Oswego Otsego. Putnam 10,636 886 908 1,810 292 833 134 297 176 228 18,308 1,897 1,884 3,936 678 2,044 298 795 381 644 20,788 2,058 2,076 4,359 753 2,281 326 866 424 726 13.54 8.49 10.19 10.74 11.01 11.56 9.45 8.88 11.16 12.79 6,890 12,820 14,500 3,766 8,230 9,041 3,324 7,340 8,173 3,852 8,494 9,386 3,736 7,572 8,447 3,816 7,867 8,765 3,632 7,714 8,461 2,979 6,913 7,586 3,152 6,389 7,162 4,189 8,396 9,383 1 16 28 13 22 17 21 40 50 14 Queens Rensselaer Richmond. Rockland . St. Lawrence Saratoga Schenectady. Schoharie . Schuyler. Seneca 9,693 527 1,224 1,008 308 414 640 70 51 109 18,088 1,132 3,084 2,682 677 1,139 1,428 167 112 243 20,219 1,262 3,439 2,996 751 1,252 1,581 179 125 273 11.78 11.42 11.49 11.69 10.99 9.93 10.76 7.73 11.50 12.06 4,929 9,540 10,658 3,473 7,411 8,283 4,238 8,890 9,742 4,513 10,432 11,515 2,747 5,860 6,558 3,514 7,334 8,124 3,984 9,430 10,522 2,862 5,603 6,025 3,048 6,187 7,027 3,103 6,991 8,062 6 25 10 4 58 31 7 62 53 32 Steuben Suffolk. Sullivan. Tioga. Tompkins Ulster Warren Washington Wayne Westchester. 336 4,454 190 161 244 . 519 169 154 298 5,514 734 11,513 453 366 577 1,219 406 352 661 11,032 817 13,030 502 399 647 1,353 448 382 733 12,461 11.39 13.18 10.93 9.13 12.05 10.98 10.31 8.50 10.82 12.96 3,383 7,338 8,226 4,079 8,948 10,122 3,644 6,829 7,688 3,504 7,330 7,996 3,203 6,623 7,411 3,713 7,638 8,535 3,454 7,363 8,140 2,938 6,363 6,959 3,807 7,617 8,580 6,212 12,671 14,340 27 9 38 33 44 19 30 54 18 2 120 63 273 150 292 162 6.85 8.48 3,229 3,197 6,716 7,057 7,290 7,548 46 42 15,087 8,901 6,186 322 55 17 51 38 23 86 41,328 24,062 17,266 733 151 54 160 122 67 254 46,118 26,924 19,194 811 163 59 176 134 75 287 11.59 11.89 11.17 10.67 7.70 9.78 9.79 10.03 13.28 12.93 2,999 3,401 2,562 3,356 2,904 2,143 2,160 1,947 1,836 2,357 7,124 7,880 6,283 7,396 6,115 5,585 6,353 5,571 4,645 6,309 7,832 8,671 6,896 8,159 6,496 6,138 6,856 5,981 5,216 7,104 12 62 73 51 77 97 45 Bertie. Bladen Brunswick. Buncombe Burke. Cabarrus Caldwell Camden Carteret. Caswell 43 52 45 444 185 244 165 12 81 44 118 156 189 1,147 466 616 427 32 257 101 131 174 213 1,298 521 691 463 34 285 111 11.20 11.59 12.48 13.21 11.77 12.18 8.51 6.25 10.92 10.03 2,047 2,033 1,894 3,063 3,095 3,313 2,953 2,247 2,530 2,306 5,605 5,178 5,375 7,170 6,529 7,314 6,430 5,576 6,276 4,956 6,207 5,695 5,930 8,047 7,164 8,021 6,822 5,853 6,931 5,357 71 88 80 14 42 16 54 86 50 92 Catawba Chatham Cherokee Chowan Clay. Cleveland , Columbus Craven Cumberland Currituck 314 84 34 27 11 200 105 174 630 18 827 224 86 74 30 555 267 451 1,492 61 907 243 100 80 34 613 302 516 1,659 66 9.65 8.43 15.81 8.08 13.58 10.53 12.87 14.37 11.17 7.92 3,477 2,909 2,088 2,490 2,119 2,739 2,237 2,813 3,011 2,550 8,010 6,718 4,628 5,868 4,654 6,739 5,249 6,361 6,112 5,405 8,601 7,254 5,265 6,356 5,149 7,330 5,897 7,244 6,697 5,908 7 39 95 66 98 34 83 40 57 82 Albany Allegany Bronx Cattaraueus Cayuga Chautauqua Chp anTO Clinton Cortland D t Vi Erie Essex Franklin Fulton p n Wyoming Yates. North Carolina SMSA counties. Non-SMSA counties. Alamance. Alexander Alleghany Anson Ashe, Avery Beaufort . SURVEY OF CURRENT BUSINESS 64 April Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years l —Continued Rank in state Dollars Per- Area title change 1969 1979 1980 197980 1969 1979 1980 3 31 49 46 38 45 52 51 28 29 McKenzie McLean Mercer Morton Mountrail Nelson Oliver Pembina Pierce Ramsey 20 33 17 54 23 21 7 34 19 43 60 115 75 186 61 45 17 83 47 114 70 118 87 200 59 42 19 87 46 119 16.77 2.82 15.14 7.43 -2.34 -5.59 14.18 4.82 -3.80 4.86 3,196 2,863 2,636 2,646 2,726 3,466 2,964 3,092 2,972 3,311 8,907 9,344 8,879 7,639 7,745 8,396 6,702 7,727 7,552 8,710 9,784 9,590 9,230 7,939 7,691 8,034 7,597 8,320 7,389 9,110 9 10 13 27 30 26 32 22 35 15 96 28 74 41 90 13 33 32 35 60 Ransom Renville Richland Rolette Sargent Sheridan Sioux Slope Stark Steele 22 14 51 26 17 9 8 4 52 13 54 31 134 68 42 24 22 10 178 22 48 -12.18 29 -3.65 124 -7.76 2.18 69 38 -9.32 20 -15.42 3.57 23 16.36 12 217 21.35 19 -15.31 2,989 3,465 2,796 2,298 2,792 2,731 2,224 2,840 2,645 3,502 8,247 7,110 8,431 8,155 6,987 6,436 5,518 5,688 7,355 6,822 7,878 7,241 6,052 6,367 8,477 10,221 7,985 9,119 6,897 6,038 40 23 47 53 44 37 48 4 14 50 4,841 5,409 6,195 6,851 9,520 10,465 5,626 6,329 6,269 6,813 7,040 7,800 7,016 7,706 7,553 8,325 4,793 5,316 5,396 5,876 91 53 1 67 55 20 23 10 94 84 Stutsman Towner Traill Walsh Ward Wells Williams 73 18 32 50 184 24 68 196 34 83 114 499 73 208 203 33 83 114 544 71 251 3.60 -2.81 .24 .03 9.18 -2.94 21.02 3,084 8,150 8,376 3,807 8,144 8,055 3,324 8,502 8,603 3,037 7.138 7,397 3,195 8,417 9,302 3,034 10,266 10,166 3,491 9,844 11,270 21 25 19 34 12 5 1 7,575 5,996 6,745 5,525 5,550 5,958 6,822 7,905 7,282 6,141 8,330 6,574 7,296 6,006 5,839 6,421 7,597 8,738 7,820 6,409 9 58 37 76 87 64 29 6 19 65 40,297 34,088 6,210 42 407 140 330 123 137 249 94,053 78,309 15,744 121 964 361 786 293 344 680 102,387 85,453 16,934 128 1,036 391 853 325 364 735 8.86 9.12 7.56 6.21 7.52 8.22 8.52 10.99 5.62 8.02 3,815 3,952 3,206 2,220 3,693 3,268 3,379 2,500 3,592 3,096 8,710 9,026 7,417 5,030 8,664 7,889 7,576 5,312 8,112 8,158 9,460 9,837 7,928 5,253 9,211 8,444 8,168 5,752 8,530 8,877 88 18 43 53 86 41 27 2,092 3,031 3,059 2,548 2,376 2,564 3,096 2,479 3,030 2,178 5,081 6,982 7,006 6,379 6,391 6,042 7,001 5,910 6,712 5,562 5,644 7,640 7,768 6,940 6,852 6,707 7,625 6,456 7,403 6,258 89 25 21 49 52 56 27 63 30 69 75 791 60 105 544 298 110 343 109 182 202 2,111 165 247 1,168 975 272 829 282 408 221 2,324 180 264 1,262 1,096 291 897 303 433 9.16 10.11 9.06 6.95 8.00 12.37 6.72 8.20 7.36 6.22 2,838 3,533 2,770 3,459 3,536 3,103 3,532 3,170 3,247 3,630 6,407 8,229 6,456 7,304 7,749 7,815 7,874 7,285 7,881 8,026 6,905 8,960 7,023 7,842 8,380 8,510 8,382 7,883 8,380 8,629 76 23 73 61 48 42 46 59 47 38 14.63 6.55 12.88 9.28 13.12 10.21 8.73 12.55 9.94 8.96 2,518 1,937 2,905 2,629 3,677 2,068 2,415 2,315 2,744 2,630 6,526 5,794 7,366 6,467 8,857 4,794 6,994 5,461 6,355 6,544 7,392 6,221 8,026 6,990 9,754 5,320 7,634 6,010 6,977 7,131 31 70 15 47 4 93 26 75 48 44 7,873 167 130 145 301 244 83 3,076 126 58 16,003 410 351 437 707 762 201 7,643 316 210 17,432 432 364 477 757 841 217 8,500 327 223 8.93 5.36 3.80 9.22 7.17 10.35 7.81 11.21 3.53 5.83 4,611 10,569 11,606 3,464 7,368 7,815 3,552 8,794 9,084 3,387 8,147 8,844 3,990 9,039 9,486 3,366 8,324 8,954 3,251 7,333 7,880 3,772 8,711 9,757 3,845 8,367 8,637 2,308 7,144 7,381 1 62 21 28 13 24 60 8 37 70 517 224 76 11.04 11.61 11.00 2,811 2,760 1,799 7,470 7,116 4,625 8,164 7,865 5,098 11 17 99 5,354 1,990 3,363 29 103 62 10 86 33 35 5,643 2,162 3,481 34 102 59 12 84 36 34 5.42 8.63 3.51 17.25 -.94 -5.07 17.48 -1.81 8.83 -2.95 3,136 3,416 3,009 3,495 2,990 2,572 2,848 3.389 3,300 3,223 8,209 8,626 8,564 9,206 8,013 8,302 8,161 9,552 7,233 7,269 7,632 7,418 9,332 10,127 9.122 9,026 7,852 8,590 8,856 8,754 11 36 33 6 16 20 17 Hardin Harrison Henry Highland Hocking 259 471 105 3,835 227 98 48 103 83 59 677 1,049 281 8,455 561 239 136 244 219 149 735 1,137 306 9,342 618 249 136 259 237 163 8.61 8.41 8.83 10.49 10.03 3.92 -.48 6.01 7.84 9.48 4,087 3,793 2,794 4,178 3,762 3,219 2,856 3,830 2,876 2,898 9,196 9,850 8,082 8,741 6,840 7,253 9,614 10,675 8,675 9,542 7,403 7,584 7,680 7,463 8,548 9,097 6,554 7,051 6,219 6,701 7 33 71 2 11 66 69 20 72 78 519 816 57 55 33 40 28 40 37 582 871 55 50 30 47 25 41 38 11.98 6.79 -4.14 -8.52 -9.32 17.06 -9.08 3.15 2.59 3,389 3,867 2,837 2,843 3,469 2,492 2,837 2,401 2,933 9,683 10,589 9,683 9,853 7,055 7,132 7,593 6,938 8,973 8,622 8,840 10,054 7,567 7,025 6,480 6,929 7,908 8,139 2 8 39 42 18 7 41 43 24 Huron Jackson Jefferson Knox Lake Lawrence Licking Logan Lorain 52 177 66 312 133 803 153 355 119 933 156 433 174 792 320 1,963 418 936 320 2,331 162 452 188 852 349 2,142 447 1,024 341 2,516 4.00 4.52 8.30 7.49 9.07 9.07 6.85 9.41 6.45 7.93 2,281 3,583 2,418 3,240 3,220 4,071 2,707 3,352 3,410 3,673 5,280 5,508 7,934 8,266 5,722 6,133 8,706 9,282 6,858 7,529 9,239 10,040 6,623 6,978 7,802 8,444 8,256 8,691 8,541 9,132 87 51 83 17 67 3 75 44 36 19 1,915 91 1,102 219 317 4,273 244 2,462 561 1,000 4,675 270 2,633 608 1,078 9.41 10.51 6.95 8.45 7.78 3,987 3,232 3,653 3,402 3,825 9,062 7,506 8,516 8,357 8,981 9,887 8,148 9,073 8,930 9,501 6 55 22 26 12 12 73 40 1,101 117 116 113 127 54 32 39 199 106 2,850 295 320 299 429 139 86 45 216 115 3,169 327 354 339 496 153 100 15.43 8.58 8.95 11.20 10.86 10.74 13.60 15.48 9.84 15.80 1,834 2,220 2,647 3,864 2,140 2,370 2,729 3,026 2,295 1,931 5,478 5,870 6,803 9,049 5,319 5,398 6,463 7,528 5,952 4,397 6,190 6,327 7,138 9,968 5,909 5,937 7,277 8,441 6,518 4,888 72 68 43 3 81 79 38 8 61 100 11 207 45 167 20 91 148 93 75 34 29 568 139 451 49 267 398 281 228 115 31 629 157 507 53 297 441 313 258 132 5.69 10.65 12.60 12.51 9.66 11.21 10.75 11.45 12.97 14.33 2,055 2,904 2,092 2,701 2,116 2,920 2,677 2,904 2,485 2,169 4,886 6,950 5,556 6,428 5,072 7,461 6,718 6,832 6,665 5,710 5,256 7,601 6,059 7,172 5,492 8,079 7,359 7,366 7,321 6,520 30 63 1,388 29 51 112 157 258 43 284 80 161 3,767 81 136 347 470 767 109 611 91 178 4,241 92 153 395 519 863 120 664 13.93 10.87 12.59 12.70 12.60 13.69 10.29 12.51 9.92 8.80 1,811 2,508 4,066 2,095 2,632 2,897 2,655 3,175 1,768 2,828 Orange. Pamlico Pasquotank. Fender Perquimans Person. Pitt. Polk. Randolph. Richmond. 172 20 66 37 19 66 187 37 247 105 575 61 190 120 53 172 565 100 654 275 643 69 208 134 56 188 637 114 720 292 11.91 12.72 9.33 11.59 5.46 9.37 12.75 13.35 10.10 6.22 3,056 2,100 2,449 2,034 2,205 2,528 2,546 3,148 3,245 2,682 Robeson Rockingham Rowan. Rutherford Sampson Scotland Stanly Stokes . Surry. Swain 177 219 271 121 109 70 131 60 154 18 511 576 686 339 313 194 333 190 392 58 575 639 772 374 341 217 371 214 441 65 12.47 10.92 12.57 10.23 9.01 12.03 11.24 12.65 12.42 12.06 Transylvania Tyrrell . Union. Vance. Wake.. Warren Washington Watauga. Wayne Wilkes 50 7 157 86 817 32 34 52 235 130 151 23 502 236 2,600 79 104 170 617 385 174 25 566 257 2,941 87 113 191 679 419 Wilson Yadkin Yancey 159 68 23 465 201 69 1,948 663 1,285 14 45 22 4 33 13 16 137 284 24 20 16 13 12 18 14 1980 8,599 10,294 7,049 7,678 6,895 6,303 6,558 6,488 6,949 7,232 7,828 6,663 6,520 5,934 7,102 5,979 8,441 7,773 7,461 7,720 59 22 36 85 5 24 2 78 18 46 See footnotes at end of table. 1979 3,782 3,145 2,514 3,145 3,266 2,745 2,998 2,587 2,876 2,564 6,091 6,554 7,128 7,732 6,602 7,310 5,597 5,875 8,314 9,185 6,905 7,643 8,968 10,007 5,446 5,944 7,156 7,849 6,676 7,082 Burleigh Cass Cavalier Dickey Divide Dunn Eddy Emmons Foster 1969 25 17.51 509 8.61 27 -9.47 24 -2.61 31 2.49 26 -16.02 39 -8.87 21 -17.20 61 -10.57 37 1.82 2,545 3,297 2,820 2,510 3,376 2,604 3,705 2,139 3,024 2,462 North Dakota SMSA counties Non-SMSA counties Adams Barnes Benson Billings Bottineau Bowman Burke 197980 21 468 30 25 30 30 42 25 68 36 13.97 10.60 12.16 6.05 11.81 10.52 12.68 10.73 11.79 9.25 Madison Martin Mecklenburg Mitchell Montgomery Moore. Nash. New Hanover. Northampton Onslow. 1980 Rank in state Dollars 10 188 13 13 17 12 22 11 26 15 88 877 180 241 1,407 429 2,444 179 1,279 63 Hyde. Iredell. Jackson. Johnston Jones Lee. Lenoir . Lincoln McDowell Macon 1979 1980 77 793 161 227 1,258 388 2,169 162 1,144 58 Graham Granville. Greene Guilford. Halifax . Harnett Haywood Henderson Hertford Hoke. Area title 1969 Per capita personal income Percent change Millions of dollars 1980 18 314 52 94 441 136 780 58 442 21 Dare Davidson Davie. Duplin. Durham Edgecombe. Forsyth. Franklin Gaston Gates. Total personal income Per capita personal income Total personal income Millions of dollars Golden Valley Grand Forks Grant Griggs Hettinger Kidder La Moure Logan McHenry Mclntosh ... Ohio SMSA counties Non-SMSA counties Adams Allen Ashland Ashtabula Athens Auglaize Belmont Brown Butler Carroll Champaign Clark. . Clermont Clinton Columbiana Coshocton Crawford Cuyahoga Darke Defiance Delaware Erie Fairfield Fayette Franklin Fulton Gallia C reene Guernsey Hamilton Lucas Mahoninff Marion Medina SURVEY OF CURRENT BUSINESS April 65 Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years l —Continued Total personal income Area title 1969 Meigs Mercer Miami Monroe Montgomery Morgan Morrow Muskingum Noble Ottawa. 1979 1980 197980 Dollars 1969 1979 Rank in state Per capita personal income Total personal income Per capita personal income Percent change Millions of dollars Percent change Millions of dollars Area title 1969 1980 1979 1980 1980 197980 Rank in state Dollars 1969 1979 1980 1980 44 120 323 39 2,507 34 63 235 24 136 145 331 774 110 5,331 97 166 606 67 335 161 336 844 122 5,744 107 171 667 71 373 11.08 1.81 9.07 10.48 7.74 9.99 3.02 10.10 6.17 11.37 2,220 3,445 3,842 2,513 4,168 2,784 2,966 3,027 2,326 3,687 6,309 6,786 8,627 8,758 8,566 9,318 6,442 6,986 9,334 10,023 6,998 7,484 6,159 6,452 7,279 7,983 5,990 6,253 8,270 9,297 77 32 15 74 4 68 80 56 82 16 Okfuskee Oklahoma Okmulgee Osage Ottawa Pawnee Payne Pittsburg Pontotoc Pottawatomie 21 1,950 84 77 81 28 115 89 71 111 60 5,630 254 243 243 99 383 237 226 394 66 6,516 288 271 263 108 431 255 255 452 11.40 15.74 13.32 11.70 8.19 9.54 12.41 7.90 13.26 14.70 1,923 5,217 5,950 3,816 10,059 11,422 2,348 6,555 7,326 2,531 6,384 6,885 2,675 7,412 7,975 2,426 6,461 7,048 2,351 6,247 6,885 2,376 5,794 6,286 2,624 6,986 7,818 2,631 7,322 8,160 63 6 45 53 31 49 52 60 37 27 65 69 121 44 395 116 103 477 182 201 173 183 328 120 973 278 256 1,059 457 509 174 200 364 135 1,064 295 274 1,145 508 557 .54 9.42 10.77 12.09 9.36 5.95 7.15 8.09 11.17 9.44 3,407 2,534 3,082 2,292 3,212 3,347 3,367 3,701 2,964 3,322 8,144 5,922 7,440 5,356 7,247 7,350 7,452 8,137 7,057 7,993 8,151 6,441 8,311 5,887 7,814 7,691 8,298 8,706 7,803 8,786 54 81 49 84 63 65 50 35 64 30 Pushmataha Roger Mills Rogers Seminole Sequoyah Stephens Texas Tillman Tulsa Wagoner 15 11 74 56 46 108 65 34 1,579 52 46 38 309 177 151 368 243 111 4,805 200 49 42 352 204 165 419 256 105 5,625 225 6.26 8.91 14.07 15.15 9.23 13.83 5.53 -5.11 17.06 12.45 1,567 4,050 4,157 2,280 8,854 8,647 2,843 6,831 7,562 2,142 6,612 7,418 2,045 4,916 5,352 2,910 8,696 9,635 4,066 13,712 14,430 2,604 9,041 8,444 3,982 10,571 11,922 2,418 5,025 5,374 77 21 41 43 71 13 2 23 5 70 Scioto . Seneca Shelby. Stark. Summit. Trumbull. Tuscarawas Union Van Wert. Vinton 220 211 132 1,372 2,179 890 252 80 101 19 516 513 328 3,271 4,678 2,250 627 239 282 60 562 548 355 3,558 5,102 2,426 674 260 291 67 8.93 6.85 8.22 8.77 9.08 7.83 7.47 8.50 3.29 10.95 2,841 3,485 3,551 3,708 3,939 3,858 3,271 3,411 3,461 2,056 6,110 6,634 8,189 8,836 7,622 8,224 8,669 9,369 8,891 9,706 9,324 10,008 7,461 7,946 8,141 8,771 9,284 9,546 5,331 5,767 79 29 52 14 9 5 57 31 10 85 Washington Washita Woods Woodward 177 48 34 45 523 109 90 164 607 110 99 188 15.97 .73 10.33 14.48 4,263 11,300 12,586 3,734 8,272 7,953 2,787 8,422 9,062 2,933 8,056 8,838 3 34 15 19 Warren Washington Wayne Williams Wood. Wyandot. 280 173 296 123 313 72 760 459 772 311 858 185 837 509 835 326 939 195 10.08 11.04 8.24 4.93 9.46 5.20 3,317 3,054 3,437 3,709 3,518 3,267 7,730 7,192 7,931 8,618 8,093 8,112 8,409 7,904 8,554 8,952 8,726 8,569 45 58 40 25 34 39 7,258 5,070 2,187 46 150 605 92 86 174 31 22,213 15,244 6,969 117 484 2,166 262 291 506 103 24,533 16,935 7,597 126 539 2,420 287 317 520 108 10.44 11.09 9.02 7.25 11.48 11.72 9.31 9.07 2.71 5.07 3,520 3,741 3,096 3,048 2,908 3,875 3,285 3,033 3,132 3,152 8,615 9,124 7,679 7,260 7,093 9,148 8,140 8,212 7,974 7,987 9,296 9,894 8,193 7,762 7,884 9,982 8,807 8,886 8,093 8,221 32 30 5 10 8 27 19 7,820 4,984 2,836 23 25 17 23 42 32 56 24,229 15,279 8,950 72 60 52 75 142 100 183 27,493 17,655 9,838 82 60 56 72 156 107 196 13.47 15.55 9.92 13.74 -.09 7.87 -4.08 9.75 7.23 7.40 3,085 8,158 9,066 3,465 8,824 9,947 2,586 7,226 7,822 1,575 3,858 4,408 3,203 8,327 8,480 1,607 4,127 4,388 3,479 11,571 10,552 2,590 7,787 8,094 2,680 7,496 7,967 2,135 6,078 6,418 75 22 76 9 29 32 58 Curry . Deschutes Douglas Gilliam Grant Harney Hood River Jackson Jefferson Josephine 38 97 215 9 23 23 47 280 25 99 127 469 698 16 61 65 145 969 85 372 140 509 771 18 66 70 159 1,076 91 411 9.80 8.33 10.46 10.34 8.09 6.57 10.06 10.97 7.75 10.52 2,871 3,269 3,053 3,972 3,419 3,202 3,553 2,987 2,847 2,763 7,662 8,192 8,031 8,165 7,581 8,205 7,801 8,716 7,607 7,981 8,192 8,344 8,847 10,028 7,461 8,102 7,445 7,850 6,424 6,972 22 23 21 11 28 17 4 26 31 36 Caddo. Canadian Carter . Cherokee Choctaw. Cimarron. Cleveland Coal. Comanche Cotton 70 101 100 41 29 16 215 10 331 18 226 434 336 153 90 69 902 33 721 56 242 511 393 177 98 64 1,063 34 785 57 7.19 17.65 17.07 15.55 8.20 -7.24 17.89 3.36 8.80 1.73 2,376 7,308 7,824 3,248 7,926 9,023 2,656 7,843 9,000 1,813 5,121 5,764 1,924 5,210 5,655 3,728 19,201 17,411 2,866 7,078 7,966 1,813 5,294 5,611 2,927 6,271 6,962 2,624 7,837 7,779 36 16 17 64 65 1 33 67 51 38 Klamath Lake Lane Lincoln Linn Malheur Marion Morrow Multnomah Polk 162 21 652 76 210 69 495 15 2,321 98 450 57 2,146 268 660 188 1,599 76 5,771 317 484 62 2,333 302 729 204 1,766 82 6,439 344 7.47 8.16 8.68 12.46 10.47 8.82 10.46 8.09 11.58 8.54 3,264 7,648 8,163 3,432 8,069 8,221 3,120 8,013 8,455 2,948 7,984 8,537 2,989 7,413 8,125 3,004 7,162 7,576 3,334 8,051 8,610 3,452 10,555 10,850 4,148 10,364 11,415 2,800 7,043 7,590 24 20 14 13 25 35 12 2 1 34 Craig.. Creek Custer . Delaware Dewey , Ellis Garfield . Garvin Grady. Grant . 38 120 62 28 15 17 184 64 80 24 126 387 193 111 55 48 559 209 280 84 134 455 219 120 58 55 633 227 312 79 6.66 17.52 13.45 8.04 5.18 14.93 13.35 8.22 11.37 -5.15 2,614 8,272 8,933 2,650 6,629 7,661 2,826 7,494 8,423 1,582 4,640 5,001 2,621 9,072 9,687 3,185 8,304 9,884 3,313 8,975 10,060 2,433 7,649 8,119 2,733 7,254 7,890 3,247 12,710 12,148 18 40 25 74 12 11 10 28 35 4 Sherman Tillamook Umatilla Union Wallowa Wasco Washington Wheeler Yamhill 10 49 150 57 19 70 620 6 118 19 163 436 170 55 197 2,275 12 417 20 177 467 184 61 217 2,557 13 466 7.21 8.50 7.16 8.17 9.58 10.21 12.37 7.99 11.83 4,528 2,794 3,366 2,964 2,961 3,485 4,031 3,231 2,967 9,073 9,186 7,933 8,360 7,592 7,916 7,289 7,672 7,949 8,325 9,290 9,958 9,649 10,395 7,603 8,854 7,803 8,398 7 16 29 33 18 6 3 9 15 Greer. Harmon Harper. Haskell. Hughes Jackson. Jefferson Johnston Kay Kingfisher. 20 15 16 19 28 83 16 15 171 37 49 39 50 63 83 203 58 48 483 119 50 37 54 69 91 215 62 53 538 135 1.48 -2.71 7.24 9.88 9.46 6.16 6.85 10.43 11.36 13.81 2,390 7,142 7,235 2,779 7,921 8,275 3,159 10,569 11,382 2,014 5,791 6,260 2,007 5,791 6,324 2,696 6,746 7,077 2,208 7,085 7,548 1,796 4,619 5,065 3,547 9,807 10,765 3,011 8,586 9,514 46 26 7 61 59 48 42 73 8 14 43,259 37,275 5,984 188 6,433 207 685 114 1,133 399 101,453 86,204 15,249 486 14,327 560 1,727 280 2,782 950 112,137 95,484 16,653 540 15,920 617 1,878 300 3,094 1,031 10.53 10.77 9.21 11.10 11.12 10.13 8.79 7.05 11.20 8.56 3,684 3,823 3,006 3,334 4,004 2,726 3,288 2,691 3,851 2,947 8,544 9,427 8,862 9,800 7,104 7,738 7,211 7,889 9,851 10,951 7,178 7,917 8,437 9,166 5,982 6,403 8,915 9,875 6,883 7,528 38 3 35 13 65 9 46 Kiowa Latimer Le Flore. Lincoln Logan. Love McClain. McCurtain Mclntosh . Major 34 16 57 49 47 13 33 48 22 21 87 50 198 162 156 47 136 185 80 71 89 54 218 181 176 51 150 196 87 74 2.67 7.61 9.88 11.97 13.00 8.29 10.28 6.06 9.45 3.83 2,490 1,812 1,763 2,545 2,495 2,225 2,472 1,698 1,721 2,905 6,814 5,233 4,925 6,314 6,008 6,198 6,868 5,054 5,246 7,983 7,014 5,447 5,342 6,796 6,532 6,764 7,393 5,417 5,628 8,430 50 68 72 54 57 55 44 69 66 24 Bradford Bucks Butler Cambria Cameron Carbon Centre Chester Clarion Clearfield 166 1,622 405 536 27 156 262 1,177 111 201 420 4,397 1,128 1,427 51 409 722 3,087 322 602 462 4,911 1,230 1,507 56 448 808 3,463 345 660 10.04 11.69 9.05 5.62 11.09 9.58 11.99 12.19 7.17 9.61 2,877 4,016 3,195 2,848 3,761 3,077 2,702 4,350 2,893 2,672 6,708 7,322 9,271 10,224 7,631 8,295 7,656 8,204 7,541 8,413 7,633 8,388 6,419 7,153 9,998 10,911 7,486 7,947 7,204 7,876 50 6 26 30 23 24 55 4 33 39 Marshall Mayes Murray Muskogee Noble 16 55 25 160 27 26 61 210 69 485 102 77 66 234 82 541 101 89 8.80 11.51 19.16 11.67 -1.48 15.69 2,135 2,409 2,275 2,659 2,649 2,606 5,788 6,624 5,702 7,369 8,926 6,913 6,238 7,228 6,707 8,070 8,691 7,721 62 47 56 30 20 39 Clinton Columbia Crawford Cumberland Dauphin Delaware Elk Erie Fayette 114 164 254 601 813 2,699 121 914 405 272 417 614 1,683 2,032 5,584 298 2,271 1,067 290 459 673 1,873 2,264 6,283 324 2,475 1,167 6.81 10.04 9.62 11.28 11.40 12.53 8.57 8.99 9.42 3,019 7,119 7,429 2,983 6,774 7,395 3,132 6,974 7,560 3,883 9,644 10,497 3,639 8,776 9,712 4,534 10,040 11,295 3,200 7,816 8,423 3,483 8,147 8,827 2,595 6,557 7,262 48 49 45 5 10 2 22 17 51 Pauling Perry. Pickaway. Pike Portage Preble Putnam Richland. Ross Sandusky Oklahoma SMS A counties. Non-SMSA counties Adair. Alfalfa Atoka. Beaver Beckham Elaine Bryan See footnotes at end of table. Oregon SMSA counties Non-SMSA counties Baker Benton Clackamas Clatsop Columbia.. Coos Crook Pennsylvania SMSA counties Non-SMSA counties Adams Allegheny Armstrong Beaver Bedford Berks Blair 66 SURVEY OF CURRENT BUSINESS April Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years J—Continued Per capita personal income Total personal income Percent change Millions of dollars Area title 1969 1979 1980 197980 Dollars 1969 1979 Total personal income Rank in state Area title 1980 Forest Franklin Fulton Greene Huntingdon Indiana Jefferson Juniata Lackawanna Lancaster 12 339 25 90 103 203 118 49 734 1,199 33 895 72 253 254 673 348 138 1,698 3,097 37 996 80 281 279 731 375 149 1,874 3,400 10.67 11.35 12.00 10.98 9.84 8.66 7.77 8.14 10.35 9.78 2,545 3,401 2,351 2,479 2,639 2,570 2,681 2,934 3,135 3,798 7,209 8,746 6,250 6,939 6,592 7,903 7,747 7,763 8,203 9,357 53 18 66 60 61 37 42 41 31 11 Lawrence Lebanon Lehigh Luzerne Lycoming McKean Mercer. Mifflin Monroe Montgomery 362 347 922 1,082 371 179 425 139 167 3,444 778 862 2,456 2,604 888 394 998 307 507 7,614 840 945 2,742 2,831 959 423 1,111 338 574 8,516 7.95 9.61 11.66 8.70 8.01 7.27 11.31 10.09 13.11 11.84 3,352 7,307 7,824 3,512 7,832 8,580 3,649 9,003 9,997 3,158 7,536 8,232 3,285 7,423 8,077 3,429 7,760 8,336 3,339 7,804 8,636 3,085 6,589 7,188 3,716 7,468 8,245 5,627 11,909 13,200 40 21 8 29 32 25 19 54 28 1 Montour Northampton Northumberland Perry Philadelphia Potter Schuylkill Snyder Somerset 45 834 311 82 7,100 38 43 499 87 204 115 2,044 716 238 13,746 115 107 1,139 222 602 128 2,285 796 260 15,170 128 114 1,245 236 645 11.11 11.80 11.18 9.20 10.36 10.56 7.18 9.38 6.18 7.19 2,747 3,915 3,126 2,895 3,635 3,263 2,631 3,094 3,009 2,685 6,859 7,646 9,101 10,112 7,021 7,909 6,667 7,249 8,033 8,964 6,533 6,972 6,052 6,432 7,040 7,735 6,658 7,006 7,431 7,920 44 7 36 52 15 59 64 43 58 34 Sullivan Susquehanna Tioga Union Venango Warren Washington Wayne Westmoreland Wyoming York 16 94 103 82 196 165 696 88 1,263 58 1,039 36 226 267 225 508 371 1,789 229 3,199 161 2,616 38 245 291 247 534 410 1,930 252 3,539 174 2,910 7.75 8,29 9.19 9.90 5.17 10.41 7.88 10.10 10.63 8.46 11.24 2,597 2,733 2,624 2,912 3,132 3,485 3,293 2,972 3,371 3,065 3,857 5,453 6,015 6,533 6,775 7,863 7,885 8,154 6,426 8,149 6,082 8,430 6,016 6,458 7,086 7,511 8,271 8,623 8,872 7,133 9,001 6,574 9,275 67 63 57 47 27 20 16 56 14 62 12 Rhode Island SMSA counties Non-SMSA counties Bristol Kent Newport Providence Washington 3,439 3,110 329 187 517 329 2,136 270 8,008 7,354 654 425 1,359 654 4,829 741 8,952 8,206 746 470 1,516 746 5,377 843 11.79 11.59 14.03 10.68 11.55 14.03 11.34 13.82 3,690 3,703 3,574 4,176 3,722 3,574 3,726 3,255 8,371 8,409 7,961 9,071 8,809 7,961 8,318 7,983 9,429 9,457 9,140 9,995 9,811 9,140 9,388 9,018 2 4 3 5 South Carolina SMSA counties Non-SMSA counties Abbeville Aiken Allendale 7,083 4,457 2,626 52 282 20 307 32 42 169 20,401 13,004 7,398 129 790 48 871 92 128 506 22,715 14,621 8,094 141 882 47 970 96 134 550 11.34 12.44 9.41 9.00 11.74 -1.01 11.38 4.62 4.93 8.73 2,756 3,010 2,410 2,527 3,083 1,985 2,983 2,004 2,372 3,195 6,609 7,072 5,927 5,643 7,588 4,450 6,705 5,072 6,255 7,712 7,265 7,830 6,428 6,203 8,334 4,397 7,263 5,284 6,749 8,393 27 4 46 12 38 20 3 123 23 739 92 73 77 43 60 128 55 435 75 2,013 274 197 216 121 161 361 144 499 79 2,259 295 217 237 122 175 389 151 14.64 5.27 12.22 7.73 10.28 9.73 1.01 9.07 7.84 4.78 2,247 2,267 2,983 2,514 2,447 2,257 1,674 2,108 2,395 1,881 4,783 6,276 7,223 6,643 6,517 5,726 4,321 5,096 5,749 4,670 5,257 6,483 8,127 7,183 7,193 6,188 4,446 5,525 6,188 4,847 39 24 5 15 14 28 45 36 29 41 78 33 42 236 72 766 155 37 176 21 362 100 128 676 241 2,203 384 107 632 65 411 108 139 752 274 2,496 436 110 701 74 13.63 7.94 9.28 11.20 13.38 13.33 13.63 2.36 10.79 12.65 2,471 2,113 2,118 2,654 2,194 3,253 3,005 2,291 2,549 1,813 6,519 5,970 6,179 6,201 5,693 7,767 6,739 5,924 6,364 4,624 7,036 6,152 6,720 6,811 6,430 8,649 7,518 6,019 6,893 5,069 16 31 21 19 25 1 11 33 18 40 McCormick Marion Marlboro O ^ 100 119 136 29 271 16 66 57 79 109 278 312 339 84 976 38 181 144 221 293 311 352 378 87 1,092 41 193 153 243 337 11.65 12.86 11.61 3.65 11.87 9.86 7.02 5.97 9.75 15.04 2,877 2,823 2,739 1,620 3,185 1,885 2,240 2,106 2,728 2,722 7,271 5,967 6,568 4,424 7,096 4,737 5,264 4,602 7,122 6,161 7,945 6,589 7,226 4,575 7,763 5,301 5,640 4,821 7,789 6,921 7 23 13 44 9 37 35 42 8 17 Pickens 158 156 456 470 499 531 9.30 12.91 2,267 2,657 5,603 6,020 6,046 6,681 32 22 Bamberg Beaufort Calhoun Charleston Chester Chestefie Id Colleton Dillon Dorchester Edgefield Fairfield Georgetown Greenwood Hampton Jasper Lancaster Laurens Lee See footnotes at end of table. 6,549 7,975 5,677 6,182 6,166 7,327 7,164 7,194 7,394 8,619 197980 Dollars 1969 1979 Rank in state 1980 1980 745 30 518 187 76 62 237 2,038 89 1,437 497 180 177 734 2,289 96 1,617 545 198 185 823 12.35 8.32 12.52 9.63 9.94 4.60 12.19 3,254 1,997 3,022 2,341 2,514 1,783 2,822 7,612 5,691 7,201 5,680 5,775 4,575 7,047 8,527 5,955 8,002 6,164 6,410 4,820 7,696 2 34 6 30 26 43 10 1,957 334 1,624 11 68 7 24 55 114 17 5,211 991 4,220 22 158 19 55 168 303 42 5,408 1,069 4,339 21 168 18 51 176 326 43 3.79 7.90 2.83 -5.39 6.40 -1.01 -7.31 4.76 7.71 2.31 2,930 3,526 2,832 2,568 3,237 2,360 2,716 2,473 3,136 2,978 7,563 9,281 7,247 5,984 8,131 5,785 6,759 7,024 8,314 8,010 7,818 9,750 7,454 5,788 8,716 5,693 6,334 7,219 8,811 8,264 57 9 58 48 30 7 11 Buffalo Butte Campbell Charles Mix Clark Clay Codington Corson Custer Davison 4 24 8 26 16 37 56 11 12 52 9 56 17 60 35 90 154 25 36 136 10 60 19 58 33 89 165 27 39 144 1.83 8.34 6.41 -1.96 -6.48 -1.43 7.06 6.07 7.90 6.40 2,186 3,043 2,651 2,504 2,753 2,819 2,958 2,237 2,566 2,995 5,578 6,632 7,838 6,045 7,144 6,779 7,386 4,531 6,383 7,624 5,349 7,191 8,240 6,017 6,732 6,753 7,895 5,119 6,460 8,085 62 31 12 54 42 40 20 63 45 14 Day Deuel Dewey Douglas Edmunds Fall River Faulk Grant Gregory 22 13 12 11 15 21 12 24 18 9 53 35 31 27 32 70 27 67 42 24 5.96 56 32 -8.39 34 9.31 23 -12.74 5.72 34 74 6.48 27 1.16 3.82 69 .58 42 1.82 24 2,513 2,247 2,232 2,490 2,646 2,774 3,141 2,602 2,691 3,234 6,483 6,421 6,237 6,227 6,080 8,489 7,875 7,492 7,037 8,770 6,832 5,971 6,323 5,547 6,562 8,800 8,071 7,653 6,988 8,586 38 55 49 60 44 8 15 27 35 10 Hamlin Hand 14 17 10 7 42 31 8 9 9 7 35 39 20 14 117 66 16 19 18 12 32 -7.80 -.16 39 1587 17 9.34 15 130 10.72 59 -11.55 17 2.45 2.19 19 1.83 19 11 5 16 2,528 2,805 2,534 3,577 3,621 3,003 3,021 3,105 2,701 3,386 6,533 7,851 5,762 8,413 8,252 7,215 7,360 5,614 6,093 8,113 6,125 7,794 4,870 8,843 9,115 6,254 8,112 5,643 6,346 7,773 53 21 65 5 3 50 13 59 46 23 Lake Lawrence Lincoln Lyman McCook McPherson Marshall Meade Mellette 23 30 47 36 13 18 13 17 51 6 51 77 132 103 27 45 29 38 135 13 4 45 49 73 -4^23 147 10.72 94 -8.88 .79 28 40 -11.80 31 6.84 2.10 38 7.57 145 13 -.10 3,009 2,647 2,671 3,052 3,123 2,493 2,499 2,821 2,997 2,354 7,629 7,265 7,445 7,909 7,293 6,894 7,038 6,834 6,400 5,975 7,331 6,823 7,973 6,748 7,133 6,139 7,779 7,097 7,004 5,940 29 39 18 41 32 52 22 33 34 56 Miner Minnehaha Moody Pennington Perkins Potter Roberts Sanborn Shannon Spink 11 334 18 180 16 14 26 10 11 33 27 991 54 575 34 32 66 22 31 66 25 -8.56 7.90 1,069 47 -12.93 7.94 621 6.19 36 2.74 33 2.01 67 20 -7.79 6.95 33 64 -2.31 2,486 3,526 2,362 2,998 3,330 3,073 2,179 2,783 1,304 3,090 7,314 9,281 8,170 7,855 7,264 8,559 5,911 6,555 2,757 7,107 6,586 9,750 6,967 8,836 7,733 8,910 6,146 6,343 2,897 6,987 43 2 37 6 25 4 51 47 66 36 8 9 12 26 30 33 21 57 5 18 23 35 57 81 92 53 142 12 20 11.73 -.67 23 1.54 36 1.62 58 70 -13.69 85 -7.84 56 7.03 152 6.96 13 8.40 3,050 7,353 7,750 3,729 11,851 11,436 1,919 4,626 4,877 3,162 7,653 7,906 2,992 9,108 7,555 3,370 8,582 7,720 2,695 7,157 8,027 2,998 7,594 8,019 2,239 5,295 5,438 24 1 64 19 28 26 16 17 61 11,287 8,006 3,281 204 73 28 13 180 141 47 32,206 22,256 9,951 575 190 94 40 542 441 178 35,444 24,667 10,776 639 209 100 43 608 490 199 10.05 10.84 8.30 11.16 10.03 6.58 6.47 12.15 11.22 11.59 2,896 3,237 2,304 3,384 2,922 2,320 1,718 2,843 2,839 1,782 7,104 7,811 5,909 8,704 6,908 6,307 4,288 7,216 6,639 5,197 7,702 8,533 6,299 9,464 7,471 6,676 4,505 7,801 7,239 5,700 2 14 34 89 8 20 63 18 65 93 33 18 34 59 179 251 124 59 123 64 190 280 137 63 136 8.87 5.89 11.56 10.51 7.14 10.16 2,062 2,526 2,153 2,596 1,854 1,760 5,872 6,268 5,051 5,883 4,666 5,161 6,273 6,687 5,565 6,322 4,954 5,497 48 33 68 46 84 69 Richland Saluda Spartanburg Union Williamsburg York South Dakota SMSA counties Non-SMSA counties Aurora Beadle Bennett Brookings Brown Brule Harding Hughes Hvde i 1980 1979 1969 1980 Per capita personal income Percent change Millions of dollars Jerauld Stanley Sully Todd Tripp Turner Union Walworth Yankton Ziebach Tennessee SMSA counties Non-SMSA counties Anderson Bedford Benton Bledsoe Blount Bradley Campbell Cannon Carroll Carter Cheatham Chester Claiborne 67 SURVEY OF CURRENT BUSINESS April Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years *—Continued Total personal income Area title 1969 1979 1980 197980 Dollars 1969 1979 Rank in state Per capita personal income Total personal income Per capita personal income Percent change Millions of dollars Area title change 1969 1980 Rank in state Dollars Per- Millions of dollars 1980 1979 1980 197980 1969 1979 1980 1980 11 51 93 34 37 1,645 21 24 56 79 34 142 260 82 138 4,306 58 75 187 230 37 152 295 88 156 4,799 62 84 202 235 9.14 6.97 13.73 7.15 12.90 11.43 6.64 11.00 8.02 2.57 1,659 2,025 2,894 2,340 1,778 3,704 2,244 2,167 2,589 2,612 4,661 4,873 5,017 5,272 6,832 7,690 5,453 5,853 4,936 5,427 9,090 10,018 5,425 5,696 5,715 6,145 6,246 6,698 6,750 6,777 85 75 10 61 71 1 64 53 32 31 Austin Bailey Bandera Bastrop Baylor ... Bee Bell Bexar Blanco Borden 33 27 13 39 15 58 359 2,611 9 3 133 71 50 141 56 149 1,116 7,318 28 10 149 71 57 164 64 178 1,246 8,407 33 9 12.26 -.30 13.98 16.28 13.71 19.50 11.69 14.88 15.92 -8.99 2,463 7,806 8,409 3,101 8,748 8,647 2,948 7,481 8,027 2,315 5,874 6,635 2,851 11,807 12,999 2,521 5,823 6,829 2,980 6,868 7,876 3,178 7,490 8,482 2,575 6,115 6,975 2,931 10,781 10,223 107 92 130 214 13 199 139 103 192 35 35 19 65 137 53 26 115 20 99 891 102 57 178 293 165 78 317 60 297 2,370 112 63 194 309 181 86 349 66 318 2,597 9.12 9.50 9.50 5.42 10.03 10.25 9.94 8.93 6.83 9.58 1,531 1,518 2,391 2,882 2,404 1,868 2,449 1,834 2,582 3,517 4,058 3,961 5,663 5,990 6,785 4,671 5,890 4,395 6,049 8,254 4,397 4,215 6,065 6,239 7,342 5,136 6,395 4,758 6,427 9,005 91 92 55 49 16 79 42 86 40 4 Bosque Bowie Brazoria Brazos Brewster Briscoe Brooks Brown Burleson Burnet 30 221 332 146 19 11 12 68 20 29 113 546 1,417 534 50 30 38 220 65 132 124 591 1,645 629 54 30 48 251 80 152 8.96 8.13 16.09 17.73 8.54 1.44 27.45 14.00 23.84 14.73 2,713 8,423 9.197 3,389 7,307 7,824 3,080 8,790 9,680 2,717 5,897 6,703 2,596 6,655 7,128 3,889 11,799 11,677 1,493 4,559 5,697 2,666 6,754 7,573 2,038 5,525 6,520 2,719 7,744 8,514 67 143 49 206 183 22 236 158 219 99 Hancock Hardeman Hardin Hawkins Haywood Henderson Henry Hickman Houston Humphreys 11 41 34 73 39 39 56 28 14 32 26 119 125 236 106 125 200 88 40 108 28 125 135 246 115 121 207 93 44 115 7.81 5.06 8.10 4.13 9.15 -3.32 3.69 6.60 9.29 7.12 1,630 1,829 1,895 2,188 1,942 2,275 2,360 2,289 2,349 2,359 3,890 4,984 5,834 5,543 5,211 5,795 7,058 5,880 6,165 6,862 4,108 5,228 6,037 5,610 5,669 5,621 7,212 6,151 6,394 7,205 93 77 57 67 65 66 21 52 43 22 Caldwell Calhoun Callahan Cameron Camp Carson Cass Castro Chambers Cherokee 37 51 20 274 18 29 54 45 32 74 131 158 76 1,009 68 86 176 73 132 284 153 179 88 1,144 76 84 199 53 150 312 16.91 13.46 14.57 13.39 11.00 -2.39 12.86 2771 13.18 9.81 1,785 5,696 6,451 2,784 8,135 9,128 2,471 7,093 7,943 1,971 4,909 5,444 2,325 7,565 8,153 4,507 12,912 12,608 2,335 6,078 6,730 4,167 6,985 5,005 2,689 7,445 8,052 2,369 7,703 8,155 223 70 133 239 121 18 205 247 129 120 Jackson Jefferson Johnson Knox Lake Lauderdale Lawrence Lewis .. Lincoln Loudon. 13 62 21 827 15 37 64 14 57 57 40 189 70 2,392 37 130 223 44 156 187 43 208 81 2,678 39 130 237 49 167 205 8.75 10.39 14.99 11.95 4.83 -.09 6.23 10.14 7.31 9.61 1,623 2,513 1,815 3,011 1,828 1,791 2,206 2,121 2,339 2,351 4,243 6,199 5,104 7,554 5,093 5,290 6,559 4,648 5,875 6,653 4,572 6,646 5,882 8,357 5,260 5,294 6,921 5,009 6,298 7,156 88 35 60 7 76 73 29 81 47 24 Childress Clay Cochran Coke Coleman Collin . Collingsworth Colorado Comal 20 24 14 8 27 216 15 44 76 31 59 76 38 21 68 1,145 38 144 288 81 61 85 33 24 77 1,351 34 166 333 90 3.55 12.59 1445 15.34 12.44 17.99 855 15.16 15.87 11.12 8,725 8,870 6,782 7,563 7,350 9,330 7,399 8,800 9,120 7,110 91 84 202 159 172 62 169 87 71 186 McMinn McNairy Macon Madison Marion Marshall Maury Meigs Monroe Montgomery 93 35 28 171 45 48 127 11 50 184 249 124 94 518 146 140 368 40 132 540 273 133 103 573 159 143 386 45 147 582 9.82 7.46 9.54 10.70 9.22 2.46 4.67 11.83 11.60 7.75 2,639 1,900 2,270 2,612 2,184 2,745 2,898 2,108 2,138 2,957 6,036 5,528 6,191 7,044 6,076 7,198 7,258 5,858 4,685 6,514 6,512 5,888 6,572 7,672 6,504 7,243 7,528 6,041 5,126 6,963 38 59 37 11 39 19 13 56 80 28 Concho Cooke Coryell Cottle Crane Crockett Crosby Culberson Dallam Dallas 8 66 108 7 12 13 27 9 28 5,682 21 219 285 37 38 36 72 22 91 16,321 2 77 20 14.64 251 8.44 309 31 -17.14 23.77 46 12.85 41 66 -8.89 3.52 23 86 -6.02 17.28 19,141 2,526 7,203 6,876 2,825 8,229 9,065 3,292 4,948 5,423 2,217 12,775 10,459 3,023 8,382 10,077 3,410 7,948 8,913 2,745 8,321 7,436 2,680 6,494 6,955 4,411 13,896 13,095 4,430 10,722 12,266 197 74 242 30 39 83 167 193 11 21 9 19 73 26 10 7 27 79 36 89 26 66 245 83 31 17 75 268 178 264 29 74 256 83 34 18 85 306 186 284 11.25 11.77 4.28 .65 9.82 7.60 12.39 14.11 4.35 7.63 2,587 1,419 2,459 1,750 1,992 1,750 2,313 2,258 2,132 2,283 6,085 4,061 7,286 4,758 5,024 3,770 5,682 5,795 7,589 5,540 6,392 4,436 7,778 4,731 5,489 4,080 6,210 6,405 7,639 5,848 44 90 9 87 70 94 50 41 12 62 Deaf Smith Delta Denton De Witt Dickens Dimmit Donley Duval Eastland 53 95 11 226 39 9 12 11 20 44 119 184 33 1,030 119 28 45 43 70 128 .90 120 172 -6.37 1.47 33 18.48 1,220 16.35 138 24 -16.55 21.39 54 4.63 45 6.56 75 14.40 146 3,153 7,322 7,411 5,323 8,716 8,128 2,183 6,874 6,874 3,087 7,641 8,508 2,112 6,414 7,288 2,338 8,104 6,664 1,342 3,886 4,757 2,824 10,990 10,953 1,600 5,720 5,945 2,528 6,704 7,482 168 125 198 100 176 212 249 26 232 165 78 181 24 14 70 2,379 29 17 434 156 243 535 89 40 258 6,341 82 49 1,134 558 270 603 100 43 289 7,070 95 53 1,212 612 11.12 12.68 12.36 6.98 12.03 11.50 15.97 7.27 6.87 9.70 2,678 3,077 1,605 2,156 2,503 3,330 2,319 2,305 3,438 2,898 6,742 6,590 4,643 4,889 6,434 8,248 5,660 5,584 7,972 6,585 7,275 7,159 5,191 4,997 6,968 9,076 6,363 6,080 8,397 7,115 18 23 78 82 27 3 45 54 5 25 Ector Edwards Ellis El Paso Erath Falls 294 5 135 1,037 41 40 56 38 15 36 995 18 435 2,858 157 135 158 142 49 101 19.35 1,188 8.43 20 14.47 497 12.38 3,212 11.23 175 5.57 143 4.71 166 11.06 157 46 -6.15 90 -11.55 3,339 8,931 10,271 2,141 9,065 9,588 2,892 7,570 8,308 2,848 6,051 6,677 2,402 7,220 7,729 2,233 7,805 7,930 2,438 6,706 6,809 2,207 7,707 8,331 2,303 8,079 7,752 3,041 10,581 9,090 33 52 112 209 150 134 201 110 145 73 Tipton Trousdale Unicoi Union Van Buren Warren Washington Wayne Weakley White 59 13 38 16 7 66 208 24 65 37 187 39 98 52 17 202 593 69 183 103 202 43 108 58 18 222 664 74 194 106 8.25 10.44 10.31 11.75 8.06 10.15 11.98 7.10 6.29 3.07 2,099 2,572 2,456 1,758 1,757 2,488 2,843 1,937 2,280 2,275 5,665 6,644 5,970 4,519 3,684 6,304 6,788 5,009 5,647 5,205 6,164 7,066 6,611 4,983 3,892 6,783 7,468 5,291 5,894 5,391 51 26 36 83 95 30 15 74 58 72 Foard Fort Bend Galveston Garza Gillespie Glasscock 7 132 11 27 23 35 571 15 28 3 25 975 40 96 69 110 1,809 40 106 26 7.83 27 18.23 1,153 7.54 43 19.28 114 5.89 73 99 -10.01 13.17 2,047 10.19 44 12.52 119 21 -19.37 3,178 11,704 12,363 2,480 8,220 8,789 2,201 5,997 6,254 2,512 6,656 7,699 2,035 4,985 5,289 3,042 8,688 7,527 3,344 9,284 10,424 2,860 7,459 8,238 2,728 8,060 8,810 2,707 22,348 16,269 20 88 225 154 245 161 31 115 86 5 Williamson Wilson 107 106 433 373 488 410 12.88 9.89 3,207 2,934 7,809 6,724 8,385 7,292 6 17 36,356 30,020 6,336 72 34 138 25 15 7 47 118,267 98,259 20,009 238 106 466 99 58 31 136 3,292 8,516 9,528 3,477 8,842 9,979 2,629 7,210 7,721 2,515 6,262 7,488 3,599 8,322 9,376 2,867 7,518 8,075 2,879 7,092 7,679 2,424 8,205 8,951 3,531 16,081 12,930 2,538 5,545 6,124 163 59 128 155 81 15 227 Goliad Gonzales Gray Grayson . Gregg Grimes Guadalupe Hale Hall Hamilton 8 37 99 251 243 26 86 108 19 16 44 114 268 701 836 90 295 290 38 53 47 129 292 786 967 105 334 295 36 58 6.71 13.28 8.99 12.05 15.72 16.33 13.26 1.66 3 76 9.87 1,800 8,802 8,968 2,246 6,874 7,644 3,697 10,471 11,041 3,037 8,012 8,727 3,291 8,646 9,700 2,152 6,862 7,734 2,550 6,418 7,145 2,679 7,764 7,825 3,134 6,558 6,468 2,287 6,465 6,940 79 156 24 90 48 148 182 142 222 196 Hansford Hardeman 26 21 83 53 81 54 -2.22 2.43 3,878 13,380 12,979 3,031 8,454 8,438 14 105 Clay Cocke Coffee .. Crockett Cumberland Davidson Decatur De Kalb Dickson Dyer Fayette Fentress Franklin Gibson Giles Grainger Greene Grundy Hamblen Hamilton Moore .. Morgan Obion Overton Perry Pickett Polk Putnam Rhea Roane Robertson Rutherford Scott Sequatchie Sevier Shelby Smith... Stewart Sullivan Sumner Texas SMSA counties Non-SMSA counties Anderson Andrews Angelina Aransas Archer Armstrong Atascosa See footnotes at end of table. 14.91 135,901 15.95 113,929 21,972 9.81 288 21.15 17.62 125 11.44 519 10.66 110 13.31 65 26 -16.06 13.34 154 Fayette Fisher Floyd Freestone Frio 2,996 2,852 2,458 2,682 2,619 3,371 2,921 2,434 3,162 2,708 8,782 8,327 7,833 6,560 6,478 8,425 8,074 7,920 8,153 6,532 68 SURVEY OF CURRENT BUSINESS April Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Yearsl—Continued Per- Area title Hardin Harris Harrison Hartley Haskell Hays Hemphill Henderson Hidalgo Hill Rank in state Dollars change 1969 1979 76 6,772 128 13 22 74 11 58 300 56 284 25,362 340 17 72 229 63 243 1,194 171 56 17 52 36 117 6 135 92 4 19 157 116 159 135 274 24 391 253 11 58 31 58 4 847 9 71 136 44 29 85 100 204 10 2,378 34 247 505 137 85 292 23 4 3 61 10 2 4 76 14 90 1980 -321 29,923 395 18 66 269 69 277 1,365 185 Total personal income Per capita personal income Total personal income Millions of dollars Millions of dollars Area title 1980 197980 1969 13.06 17.99 16.11 3.84 -9.06 17.14 10.35 14.12 14.32 7.89 2,552 7,188 7,875 3,962 10,850 12,385 2,991 6,638 7,546 5,172 4,457 4,483 2,550 9,498 8,498 2,645 5,849 6,603 4,092 12,270 13,053 2,237 5,890 6,487 1,676 4,334 4,808 2,552 6,947 7,357 140 19 160 252 102 215 12 220 248 171 Reagan Real Red River Reeves Refugio Roberts Robertson Rockwall Runnels Rusk 1979 1969 1980 1980 1979 Per capita personal income Percent change 197980 Rank in state Dollars 1969 1979 1980 1980 11 3 30 48 24 3 30 25 35 82 39 13 83 115 72 23 90 123 82 297 46 15 91 115 78 25 98 147 90 342 19.37 9.66 9.79 -.49 8.62 6.21 8.98 18.88 9.61 15.12 3,883 10,109 11,118 1,329 5,743 5,969 2,000 5,240 5,639 3,045 7,289 7,245 2,448 8,148 8,404 3,216 20,896 20,739 2,199 6,106 6,688 3,652 9,131 10,071 2,930 6,991 7,573 2,474 7,210 8,234 23 230 238 177 108 2 208 40 157 116 14 13 12 111 11 7 47 9 40 24 51 47 52 402 41 25 151 34 122 57 11.89 57 12.82 53 20.30 62 8.67 437 41 .05 4.99 26 10.32 167 17.09 40 134 9.69 50 -12.73 2,003 5,975 6,525 1,690 5,449 6,042 1,769 4,869 5,435 2,330 7,154 7,515 1,912 7,592 7,237 3,343 8,943 9,100 3,053 8,368 9,158 3,000 9,047 10,171 2,010 5,364 5,783 7,061 17,949 15,763 217 229 241 162 178 72 69 37 234 6 309 6 24 25 4 6 10 44 2,671 300 1,061 34 90 75 10 19 45 138 7,754 945 1,194 39 95 86 11 19 49 126 8,963 1,087 12.50 15.62 6.28 13.74 17.52 -1.45 9.00 -9.08 15.59 15.00 3,237 8,428 9,278 2,306 8,841 9,480 1,368 3,457 3,493 3,132 7,899 8,631 3,929 8,183 9,283 2,421 8,387 7,888 2,928 8,802 9,479 4,088 13,879 12,909 3,900 9,285 10,384 2,980 8,699 9,773 64 53 253 93 63 137 54 16 32 45 4,011 9,735 9,937 2,915 8,595 8,378 3,064 12,587 13,526 2,654 8,405 9,417 3,023 8,098 9,025 3,356 8,513 9,659 2,080 5,581 6,082 2,468 6,018 6,479 2,051 5,898 6,521 2,567 9,102 9,765 43 109 9 56 77 50 228 221 218 47 6,580 5,384 6,450 8,440 5,361 6,720 8,072 8,337 4,774 7,189 6,992 5,880 7,177 9,612 5,954 6,666 8,963 9,390 5,439 7,739 189 233 181 51 231 211 80 57 240 147 7.49 168 18.99 139 10.18 176 17.67 159 9.83 301 21 -13.54 12.73 441 14.20 289 5.97 11 19.38 69 2,670 2,994 2,571 1,994 2,930 2,434 3,022 3,763 3,646 2,799 6,894 7,226 7,093 7,805 6,436 6,944 6,300 7,121 8,201 9,052 9,472 7,734 7,215 7,968 9,899 10,979 7,984 8,156 8,138 9,353 180 144 195 185 75 149 131 25 119 61 Sabine San Augustine San Jacinto San Patricio San Saba Schleicher Scurry Schackelford Shelby Sherman 109 239 11 2,664 36 282 585 142 100 334 8.97 17.21 17.83 12.02 5.31 14.37 15.91 3.91 17.29 14.44 2,365 2,338 2,310 3,458 2,043 2,173 3,014 2,680 2,143 2,600 7,584 8,138 6,831 7,749 5,854 6,818 9,562 10,591 6,944 6,990 6,919 7,716 7,700 8,628 7,971 8,228 6,458 7,332 7,763 8,532 123 146 200 27 190 151 94 117 173 98 Smith Somervell Starr Stephens Sterling Stonewall Sutton Swisher Tarrant Taylor 98 7 8 237 28 3 13 221 52 269 112 9 8 272 30 3 17 238 54 306 14.03 35.24 -3.00 14.67 6.30 -4.55 26.54 7.61 2.23 13.59 3,637 9,531 10,527 6,642 12,085 16,915 2,038 6,403 6,946 3,147 8,569 9,430 2,701 7,049 7,293 4,234 7,782 6,556 1,699 6,020 7,364 2,298 6,691 7,126 2,371 9,940 10,026 2,598 6,521 7,236 28 3 194 55 175 216 170 184 41 179 Terrell Terry Throckmorton Titus Tom Green Travis Trinity ... Tyler Upshur Upton 7 45 7 44 216 945 16 29 43 12 15 125 25 177 671 3,528 51 95 165 41 16 122 28 202 767 4,060 58 105 187 45 2.52 -2.16 9.32 14.53 14.23 15.08 13.46 11.07 13.61 9.17 53 26 10 42 18 19 81 38 12 14 147 76 24 123 74 66 374 120 51 56 152 84 30 139 89 74 437 135 50 68 3.72 10.77 25.90 13.05 21.09 12.77 16.93 12.57 -3.46 22.29 2,823 7,919 8,122 3,002 5,960 6,979 1,951 4,265 5,411 2,362 6,439 7,309 2,136 7,421 8,138 2,102 7,095 7,708 2,437 8,164 9,266 1,997 6,015 6,669 3,322 15,325 13,114 2,260 6,456 7,085 127 191 243 174 122 153 65 210 10 187 Uvalde Val Verde Van Zandt Victoria Walker Waller Ward Washington Webb Wharton 40 63 53 152 52 30 36 47 144 92 145 190 199 563 215 118 106 181 462 284 157 212 226 663 249 132 126 207 541 312 8.69 11.48 13.34 17.67 15.83 11.76 18.52 14.55 17.04 9.98 22 535" 28 23 458 3 15 16 14 80 2 1,664 60 65 1,278 9 66 50 48 12.11 90 31.90 2 11.96 1,863 54 -11.16 10.66 72 12.84 1,442 39.79 13 7.60 71 13.30 56 42 -12.79 3,072 7,891 8,836 516 20,034 25,264 2,980 7,928 8,782 3,080 7,080 6,215 2,529 7,482 8,257 3,043 7,551 8,425 3,136 12,202 16,669 1,930 6,575 6,657 1,986 4,901 5,402 2,972 10,229 8,923 85 1 89 226 114 106 4 213 244 82 Wheeler Wichita Wilbarger Willacy Williamson Wilson Winkler Wise Wood Yoakum 21 427 42 26 92 24 31 51 47 24 72 1,063 125 79 501 78 79 172 177 76 71 1,216 131 80 592 87 90 198 196 77 -1.73 14.33 5.07 2.04 18.07 11.49 14.38 15.29 10.70 .79 3,282 10,419 9,881 3,512 8,767 10,017 2,756 7,811 8,213 1,692 4,496 4,574 2,538 7,066 7,713 1,805 4,924 5,171 3,382 8,162 9,039 2,656 6,672 7,445 2,600 7,416 7,913 3,378 9,462 9,234 44 42 118 251 152 246 76 166 135 66 Mason Matagorda Maverick Medina Menard Midland Milam Mills Mitchell 9 72 26 45 8 261 52 10 23 41 25 283 103 145 23 925 173 40 74 123 -.89 13.41 1.17 7.95 3.23 23.27 12.70 2.52 5.58 15.20 2,649 7,173 6,697 2,451 7,784 8,453 1,368 3,476 3,324 2,338 6,321 6,760 2,986 9,622 10,169 4,129 11,726 13,761 2,642 7,873 8,566 2,353 9,240 9,175 2,403 8,118 8,624 2,799 7,115 8,138 207 104 254 203 38 8 96 68 95 124 Young Zapata Zavala 45 6 17 169 26 68 194 31 67 14.78 19.20 -1.33 3,040 1,486 1,639 9,420 10,180 4,073 4,645 5,856 5,725 36 250 235 Montgomery Moore .. Morris Motley Nacogdoches Navarro Newton Nolan Nueces Ochiltree 138 55 36 7 80 85 19 53 721 36 1,061 130 131 18 283 251 66 138 2,135 112 18.64 1,258 9.24 142 17.28 154 16 -15.60 11.96 317 16.54 293 13.50 75 7.07 148 13.64 2,426 8.91 122 2,767 8,679 9,770 4,151 8,102 8,537 3,056 9,025 10,491 3,333 10,301 7,960 2,298 6,194 6,755 2,778 7,304 8,276 1,651 5,118 5,650 3,343 7,984 8,506 3,012 8,068 9,022 3,581 12,253 12,682 46 97 29 132 204 113 237 101 78 17 3,099 2,571 528 9 82 98 43 2 282 15 9,995 8,133 1,862 25 237 323 178 5 996 78 11,249 9,121 2,128 27 267 364 203 6 1,121 92 12.54 12.14 14.27 9.23 12.43 12.67 14.50 22.00 12.54 18.71 2,960 3,084 2,475 2,337 2,965 2,336 2,649 2,800 2,903 2,130 7,058 7,264 6,283 5,824 7,313 5,850 8,055 6,053 7,100 6,092 7,681 7,882 6,922 6,147 8,010 6,350 9,153 7,279 7,633 7,334 22 6 19 1 12 9 10 Oldham Orange Palo Pinto Panola Parker Parmer Pecos Polk Potter Presidio 7 225 104 31 103 68 39 33 313 12 32 700 179 140 305 91 110 148 917 42 35 786 201 156 352 87 119 171 1,012 41 11.05 12.22 12.27 11.32 15.12 -3.92 8.30 16.13 10.47 2.54 3,269 14,312 15,512 3,159 8,471 9,353 4,087 7,588 8,314 1,896 6,998 7,486 3,309 7,232 7,865 6,319 8,440 7,883 2,896 7,755 8,126 2,318 6,238 7,003 2,928 9,390 10,241 2,211 8,252 7,889 7 60 111 164 141 138 126 188 34 136 10 7 21 31 10 6 18 12 3 5 71 21 60 98 29 23 48 34 7 9 79 26 73 107 33 28 52 38 8 9 12.50 23.52 22.56 9.47 15.58 20.40 7.30 10.77 23.10 5.17 1,935 2,241 3,022 2,595 2,215 2,426 2,566 3,165 1,932 3,142 6,772 5,894 7,388 5,822 5,313 5,587 5,418 7,236 5,253 4,451 6,912 6,997 8,854 6,172 6,029 7,007 5,738 7.736 6,209 4,365 17 16 2 21 23 15 26 8 20 29 Rains Randall 7 191 27 633 31 706 14.51 11.59 1,984 3,582 224 58 1,495 15 26 25 17 68 30 327 14 4,722 53 69 93 67 165 139 1,175 52 5,319 63 73 106 82 191 162 1,287 62 12.64 18.72 4.67 12.90 23.05 15.33 16.56 9.48 20.35 3,285 1,647 2,401 2,565 2,848 3,141 2,407 2,433 2,464 7,868 4,477 5,000 6,507 7,113 6,418 7,033 5,590 6,148 8,571 5,092 4,962 7,148 8,069 7,301 7,893 5,886 7,264 3 27 28 14 5 11 7 25 13 Hockley Hood Hopkins Houston Hudspeth Hunt Hutchinson Jack Jasper Jefferson Jim Wells Jones Kaufman Kendall Kent Kerr Kimble King Kleberg 1 Lamb Lampasas La Salle La vaca Lee Leon Liberty Limestone Live Oak Llano Loving Lubbock McCulloch McLennan McMullan Madison Marion Martin See footnotes at end of table. 25 320 105 157 24 1,140 195 41 79 142 5,555 8,704 6,336 9,383 Utah SMSA counties Non-SMSA counties Beaver Box Elder Cache Carbon Daggett Davis Duchesne Emery Garfield Grand Iron Juab Kane Millard Morgan Piute Rich Salt Lake Sanpete Summit Tooele Uintah Utah Wasatch 2,231 2,368 2,376 2,788 1,899 2,143 2,856 2,558 1,918 2,491 April SURVEY OF CURRENT BUSINESS 69 Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years1—Continued Percent change Area title 1969 1979 1980 197980 Millions of dollars Rank in state Dollars 1969 1979 1980 1969 133 11 1,074 155 12 1,203 16.43 6.53 12.03 2,136 1,881 3,180 5,529 6,160 7,499 5,918 6,354 8,301 24 18 4 1,443 344 1,099 70 104 66 344 15 93 11 3,584 890 2,694 185 245 159 890 34 225 28 4,004 1,005 2,999 208 270 173 1,005 38 248 31 11.71 12.96 11.29 12.11 10.25 8.86 12.96 9.88 10.63 13.22 3,302 3,577 3,225 2,961 3,623 2,942 3,577 2,664 3,007 3,067 7,087 7,861 6,864 6,501 7,386 6,148 7,861 5,662 6,600 6,390 7,810 8,6797,556 7,042 8,072 6,694 8,679 5,932 7,124 6,803 Pittsylvania Powhatan Prince Edward Prince George Prince William Pulaski Rappahannock 9 5 11 1 14 8 10 Roanoke Rockbridge 41 51 54 170 157 107 160 109 136 131 421 384 257 381 120 150 143 473 429 287 428 10.60 10.77 8.46 12.27 11.82 11.67 12.46 3,155 2,949 2,683 3,283 3,346 3,252 3,649 6,443 6,004 5,555 7,232 7,395 7,021 7,506 7,165 6,591 6,065 8,090 8,169 7,766 8,367 7 12 13 4 3 6 2 15,875 12,260 3,615 68 111 27 17 63 26 1,036 44,930 34,328 10,602 205 377 78 51 181 76 2,408 50,404 38,693 11,711 217 428 82 54 193 82 2,707 12.18 12.71 10.46 5.92 13.55 4.74 5.34 6.39 7.89 12.41 3,441 8,438 9,406 3,801 9,286 10,374 2,604 6,514 7,188 2,312 6,520 6,928 2,989 7,485 8,431 2,143 5,321 5,674 2,213 6,056 6,382 2,438 6,259 6,599 2,641 6,273 6,861 5,922 15,626 17,690 79 48 125 97 90 85 2 Augusta Bath Bedford Bland Botetourt Brunswick Buchanan Buckingham Campbell Caroline 121 12 74 11 49 34 61 20 128 35 340 43 224 31 143 82 282 58 327 113 372 43 250 34 160 88 319 62 355 124 9.61 1.45 11.78 8.82 12.08 6.68 12.95 6.79 8.82 9.99 2,747 2,396 2,784 1,987 2,673 2,099 1,882 1,863 2,994 2,498 6,428 7,581 6,513 4,831 6,217 5,124 7,373 4,959 7,213 6,123 6,913 7,367 7,139 5,281 6,881 5,598 8,366 5,277 7,807 6,901 81 69 72 133 84 126 49 134 60 82 Carroll Charles City Charlotte Chesterfield ClarkeCraig Culpeper Cumberland Dickenson Dinwiddie 47 12 29 289 23 9 50 12 31 53 135 33 68 1,224 72 23 161 36 119 142 147 35 72 1,417 83 24 180 40 134 159 9.26 8.59 6.46 15.81 15.97 7.50 12.25 10.50 12.65 11.55 2,035 2,040 2,315 3,893 2,820 2,487 2,737 1,956 1,910 2,427 4,959 5,393 4,845 5,288 5,477 5,885 9,124 10,002 7,175 8,347 5,868 6,131 7,023 7,957 4,786 5,094 5,884 6,739 6,441 7,002 131 132 121 22 50 108 58 135 87 77 17 2,145 86 23 18 72 66 45 45 26 49 7,044 283 58 58 203 226 111 145 88 53 8,021 322 65 64 219 253 123 161 97 7.84 13.87 13.73 11.01 11.42 8.05 11.92 10.77 11.00 9.86 2,418 5,397 5,939 4,891 12,127 13,403 3,235 8,045 8,941 2,303 5,044 5,565 2,390 5,698 6,258 2,538 5,656 6,114 2,803 6,727 7,385 2,659 6,177 6,916 3,199 7,349 7,999 2,529 7,475 8,186 118 5 36 127 105 109 68 80 56 53 Grayson Greene Greensville Halifax Hanover Henrico Henry Highland Isle of Wight James City 32 12 18 64 127 620 146 6 50 42 81 39 47 155 444 1,879 375 21 138 134 91 44 49 168 496 2,108 412 20 154 150 12.07 12.33 4.30 7.96 11.80 12.20 10.10 -1.24 11.47 11.99 2,040 5,015 5,470 2,288 5,308 5,784 1,891 4,399 4,511 2,097 5,042 5,503 3,461 8,676 9,815 4,069 10,464 11,638 2,910 6,463 7,136 2,324 7,532 6,890 2,747 6,319 7,125 2,433 6,193 6,590 130 124 136 129 24 9 73 83 74 91 King and Queen King George King William Lancaster Lee Loudoun Louisa Lunenburg Madison Mathews Mecklenburg Middlesex.... Montgomery Nelson New Kent Northampton Northumberland Nottoway Orange Page Patrick 13 30 22 24 32 142 29 28 19 19 72 14 122 24 14 30 21 36 45 41 37 36 84 67 80 133 567 102 67 55 54 177 49 340 67 55 85 67 88 128 114 95 39 92 73 91 145 653 113 71 62 60 193 55 383 75 61 89 72 93 142 125 104 6.75 9,39 8.32 13.42 9.00 15.09 11.00 6.13 12.53 10.75 9.20 12.48 12.47 10.86 11.23 4.34 7.40 6.26 10.86 9.96 8.40 2,316 5,972 3,744 8,203 2,900 7,343 2,638 7,742 1,562 5,104 3,912 10,052 2,092 5,599 2,334 5,476 2,205 5,306 2,576 6,663' 2,427 5,862 2,208 6,572 2,645 5,433 2,050 5,408 2,623 6,606 2,075 5,672 2,285 6,830 2,512 5,987 3,233 7,117 2,444 5,867 2,431 5,405 94 42 62 35 128 11 100 123 116 66 93 75 115 110 78 112 70 98 59 96 122 Vermont SMSA counties Non-SMSA counties Addison Caledonia Chittenden r^ssex... Grand Isle Lamoille Orange P ,j , tiT j*n _!' Windham Windsor Virginia SMSA counties Non-SMSA counties Accomack Albemarle Alleghany Amelia Amherst Appomattox Arlington Essex Fairfax Fauquier Floyd Fluvanna Franklin Frederick Giles Gloucester Goochland See footnotes at end of table. 1979 1980 1980 6,495 8,673 7,757 8,960 5,563 11,340 6,338 5,831 6,002 7,462 6,535 7,119 6,013 6,104 6,983 6,083 7,330 6,356 7,933 6,428 5,873 Rank in state Dollars Percent change Area title 28 3 399 Washington Wayne Weber Per capita personal income Total personal income Per capita personal income Total personal income Millions of dollars 1969 1979 1980 8.42 13.51 8.89 9.47 13.07 7.03 12.13 6.29 11.11 4,51- 2,225 2,328 2,562 3,261 3,455 2,770 2,556 2,499 3,386 2,407 5,469 5,634 5,733 5,389 8,531 6,078 6,958 6,030 7,938 5,977 5,942 6,291 6,225 5,902 9,500 6,624 7,774 6,305 8,782 6,241 117 103 107 119 28 89 61 101 39 106 197980 1980 132 18 37 83 365 82 13 16 222^ 40 363 73 94 139 1,219 219 42 41 578 107 394 82 103 152 1,378 234 47 44 642 112 Stafford Surry Sussex 131 47 54 62 76 39 45 71 13 26 381 173 151 182 185 110 194 301 34 68 431 194 158 201 202 118 223 349 37 73 13.13 11.92 5.11 10.45 9.42 6.58 14.77 15.64 6.19 7.01 2,763 1,897 2,208 2,711 2,404 2,088 2,741 2,927 2,207 2,243 6,634 5,525 5,957 6,634 5,478 5,942 5,828 7,676 5,696 6,199 7,533 6,096 6,304 7,261 6,049 6,263 6,454 8,593 6,024 6,690 65 111 102 71 113 104 95 45 114 88 Tazewell . Warren Washington Westmoreland Wise Wythe York 101 47 87 27 77 54 113 371 138 252 83 342 157 270 413 158 275 89 378 173 300 11.33 14.74 9.01 7.32 10.76 10.06 11.09 2,488 3,068 2,417 2,196 2,103 2,421 3,493 7,309 6,550 5,520 5,980 7,776 6,206 7,778 8,157 7,457 5,898 6,345 8,604 6,745 8,436 54 67 120 99 44 86 47 560 22 52 18 146 250 16 60 37 152 1,457 56 150 44 380 813 44 167 85 359 1,651 64 163 44 434 913 45 190 94 399 13.28 13.71 8.52 1.18 14.32 12.31 1.57 14.09 10.50 10.98 5,082 14,189 15,955 3,672 9,490 10,622 2,608 7,821 8,534 2,784 6,350 6,545 3,795 8,485 9,623 2,850 7,097 7,970 2,818 8,562 8,918 4,075 9,918 11,496 3,628 9,343 10,326 3,245 7,831 8,716 3 14 46 92 27 57 37 10 18 41 16 94 60 25 56 23 408 52 79 21 44 265 153 70 163 57 1,003 143 192 57 49 308 173 78 183 63 1,121 161 217 61 12.68 16.24 12.49 12.36 12.26 12.16 11.77 12.45 12.91 6.29 3,088 9,028 10,195 4,457 14,324 15,831 5,596 16,652 18,103 3,632 9,360 10,664 3,865 10,198 11,915 3,627 8,785 9,707 3,428 8,076 9,119 3,586 7,328 8,142 3,380 8,135 9,242 2,809 7,725 8,291 19 4 1 13 8 25 33 55 30 52 204 612 189 59 184 1,255 2,346 49 366 67 870 11.75 17.75 10.32 11.09 12.98 12.62 10.03 11.42 13.35 12.35 3,755 333 548 160 54 166 1,111 2,083 45 328 59 774 8,146 9,150 11,017 12,190 8,033 9,099 8,743 10,127 7,517 8,642 7,737 8,768 9,633 10,341 7,713 8,887 7,085 7,649 7,380 8,297 32 7 34 20 43 40 16 38 63 51 34 1,045 332 76 26 85 123 564 64 35 70 85 2,172 866 214 60 195 332 2,143 145 115 189 94 2,433 974 238 67 220 364 2,424 163 129 209 10.60 12.00 12.55 11.18 11.45 12.97 9.71 13.15 11.98 12.21 10.80 2,951 6,453 7,100 4,162 9,805 11,071 3,571 8,490 9,681 3,467 8,782 9,908 3,827 8,521 9,468 3,453 8,799 10,033 2,724 6,731 7,624 3,344 8,423 9,225 3,858 9,115 10,582 3,813 10,804 13,020 3,539 9,064 10,332 76 12 26 23 29 21 64 31 15 6 17 13,269 11,055 2,213 49 41 242 147 112 449 22 37,831 31,176 6,656 112 126 1,047 430 436 1,636 44 42,869 35,302 7,567 136 141 1,165 476 495 1,846 50 13.32 13.24 13.69 20.87 12.48 11.29 10.69 13.55 12.80 14.63 3,969 9,428 10,355 4,091 9,667 10,605 3,456 8,446 9,330 4,395 8,186 10,195 3,058 7,629 8,372 3,719 10,075 10,624 3,698 9,682 10,544 3,285 8,718 9,554 3,537 8,770 9,579 4,915 11,218 12,420 9 33 5 6 18 17 4 239 56 11 87 14 137 201 84 32 5,381 709 170 35 292 25 349 598 337 129 14,003 797 187 39 326 32 408 674 388 147 16,023 12.36 9.62 11.91 11.57 24.98 16.98 12.69 15.16 13.85 14.43 3,516 9,080 9,996 3,413 7,798 8,410 3,109 6,120 6,690 3,385 8,601 9,290 4,952 9,789 12,872 3,469 7,312 8,392 3,447 9,091 10,142 3,322 8,083 8,783 3,152 8,555 9,206 4,710 11,333 12,589 12 31 38 20 2 32 10 27 22 3 396 68 38 145 1,327 179 121 477 1,490 203 137 535 12.25 13.76 13.08 12.13 3,911 2,786 3,091 3,218 9,432 10,140 7,225 8,153 7,959 8,609 8,871 9,653 11 35 30 15 Russell Scott Shenandoah Smyth Southampton Independent Cities: Alexandria Bedford Citv Bristol Charlottesville Chesapeake Clifton Forge l P °. , ° s D '11 Fairfax City Falls Church Franklin Galax Harrisonburg Lexington M 2 Manassas Park 2 Newport News Norfolk Norton Petersburg Portsmouth R^ Vi "H P i Salem South Boston Staunton Suffolk Waynesboro Williamsburg Washington SMSA counties Non SMSA counties Asotin Chelan Clallam Clark . Cowlitz Ferry . . Franklin Garfield Grant Grays Harbor Island Jefferson King Kitsap Kittitas Klickitat . Lewis 76" 489 1,018 13 140 3,841 3,487 3,562 3,224 3,130 2,656 SURVEY OF CURRENT BUSINESS 70 April Table 2.—Total Personal Income and Per Capita Personal Income by County for Selected Years 1 — Continued Total personal income Millions of dollars Area title 1969 1979 Dollars 1980 197980 1969 1979 Rank in state 126 272 280 166 55 4,529 80 640 63 3,113 24.19 14.55 9.32 8.95 10.52 12.45 15.93 12.81 19.71 12.67 5,158 10,849 13,073 3,405 7,962 8,718 3,424 8,577 9,132 3,443 8,969 9,605 2,656 5,836 6,358 3,852 8,512 9,305 4,216 9,103 10,238 3,572 9,235 9,957 2,872 7,053 7,974 3,653 8,545 9,216 1 29 23 16 39 19 7 13 36 21 Spokane Stevens Thurston Wahkiakum Walla Walla Whatcom Whitman Yakima 971 51 289 11 145 263 131 456 2,748 193 1,126 32 397 861 269 1,345 3,082 212 1,274 34 462 941 330 1,512 12.15 9.98 13.17 6.63 16.35 9.31 22.77 12.44 3,523 2,964 3,835 3,273 3,593 3,261 3,599 3,224 8,203 8,994 7,191 7,314 9,445 10,227 8,417 8,812 8,575 9,721 8,250 8,802 6,868 8,216 7,956 8,743 24 37 8 25 14 26 34 28 West Virginia SMSA counties Non-SMSA counties .. Barbour Berkeley Boone Braxton Brooke Cabell. v Calhoun 4,776 2,252 2,525 30 110 53 22 92 352 12 13,947 5,993 7,954 104 326 212 67 251 879 40 15,270 6,502 8,768 114 361 239 76 267 963 45 9.49 8.49 10.24 9.71 10.75 12.52 13.95 6.27 9.58 12.07 2,735 3,279 2,383 2,183 2,919 2,126 1,771 3,171 3,315 1,627 7,192 8,343 6,516 6,440 7,185 6,862 4,833 8,226 8,171 4,993 7,814 8,974 7,130 6,845 7,690 7,816 5,448 8,556 8,996 5,486 28 14 13 50 6 4 49 Clay Doddridge Fayette Gilmer . . . . . . Grant Greenbrier Hampshire Hancock Hardy Harrison 15 11 115 14 17 74 23 146 17 216 51 35 368 43 58 231 80 397 55 585 58 40 398 48 66 252 86 423 60 629 12.91 13.82 8.24 11.86 15.35 8.84 7.44 6.60 8.07 7.56 1,690 1,692 2,327 1,882 1,951 2,302 1,910 3,677 1,852 2,971 4,774 5,136 4,692 5,322 6,319 6,870 5,313 5,803 5,748 6,495 6,242 6,662 5,450 5,776 9,906 10,438 5,578 5,928 7,550 8,077 54 51 26 44 36 31 45 1 42 9 Jackson Jefferson Kanawha Lewis Lincoln Logan McDowell Marion Marshall Mason 55 58 799 41 32 108 110 185 114 60 191 197 2,164 113 114 344 347 491 301 180 215 221 2,334 127 126 388 370 539 309 190 12.69 12.57 7.84 11.88 10.67 12.74 6.59 9.71 2.50 5.39 2,528 2,674 3,487 2,228 1,679 2,339 2,194 3,014 2,986 2,462 7,627 8,307 6,785 7,292 9,367 10,060 5,883 6,726 4,879 5,307 6,699 7,633 6,791 7,403 7,445 8,171 7,320 7,409 6,818 7,003 7 22 2 29 52 16 20 8 19 25 Mercer Mineral Mingo Monongalia Monroe Morgan Nicholas Ohio Pendleton Pleasants 164 62 61 167 23 20 52 227 13 18 501 155 231 505 66 60 186 530 38 61 565 173 263 570 73 66 207 576 41 65 12.76 11.67 13.76 12.88 10.58 9.66 11.71 8.67 6.96 6.44 2,584 2,637 1,842 2,678 2,124 2,361 2,331 3,614 1,877 2,447 6,711 5,774 6,250 6,783 5,223 5,667 6,623 8,563 4,988 7,434 7,621 6,344 7,035 7,578 5,629 6,140 7,358 9,361 5,186 7,837 17 37 23 18 48 38 21 3 53 12 Pocahontas Preston Putnam Raleigh Randolph Ritchie Roane Summers Taylor Tucker 16 54 75 170 55 22 27 27 32 15 55 186 261 636 175 63 86 82 93 44 59 203 293 693 198 70 96 90 100 50 6.04 9.12 11.96 8.99 12.76 10.30 11.91 9.41 8.13 11.96 1,850 2,160 2,641 2-.418 2,238 2,161 1,863 2,044 2,209 2,024 5,594 6,225 7,159 7,326 6,142 5,517 5,404 5,276 5,733 5,111 5,895 6,656 7,647 7,963 6,861 6,094 6,031 5,649 6,043 5,696 43 32 15 10 27 39 41 47 40 46 Tyler TJpshur . Wayne Webster Wetzel Wirt Wood Wyoming 26 38 95 16 61 9 279 68 70 144 276 55 162 30 748 223 74 165 308 61 173 32 824 238 5.99 14.87 11.49 12.44 7.19 8.02 10.18 7.12 2,545 2,009 2,415 1,629 3,109 2,014 3,260 2,228 6,217 6,224 6,104 4,479 7,346 6,120 8,081 6,072 6,545 7,020 6,680 5,000 7,900 6,535 8,778 6,608 34 24 30 55 11 35 5 33 15,603 11,515 4,088 20 43 88 26 511 38 20 40,394 29,010 11,384 65 119 279 77 1,473 110 68 44,400 31,893 12,508 72 127 306 85 1,640 117 77 9.92 9.94 9.87 10.52 7.21 9.66 10.37 11.30 5.89 13.70 3,564 3,866 2,922 2,211 2,515 2,550 2,209 3,362 2,742 2,175 8,657 9,413 9,271 10,115 7,407 7,997 4,825 5,313 7,288 7,331 5,667 6,109 8,507 9,332 7,584 8,126 5,687 6,250 71 43 38 69 12 30 67 89 134 255 350 271 393 6.19 12.31 3,293 2,891 8,445 6,802 8,766 7,574 23 42 Buffalo Burnett Calumet Chippewa m *1 Less than $500,000. Detail may not add to higher levels totals because of rounding. Percent change was calculated from unrounded data. 2 The Virginia independent cities of Manassas, Manassas Park, and Poquoson did not exist m 1969. change 1979 1969 101 238 257 152 49 4,028 69 567 53 2,763 Bayfield Area title Rank in state Dollars Per- 1980 197980 1980 49 68 85 52 16 1,562 15 183 16 960 Wisconsin SMSA counties Non-SMSA counties Adams Ashland Millions of dollars 1980 Lincoln ... Mason Okanogan Pacific Pend Oreille Pierce San Juan Skagit Skamania Snohomish Per capita personal income Total personal income Per capita personal income Percent change 1969 1979 1980 1980 78 135 38 1,128 215 60 128 73 232 7 289 15 144 103 219 347 102 3,008 609 208 332 220 570 24 719 45 402 275 235 389 114 3,362 665 233 370 236 637 26 783 51 436 299 7.36 11.89 11.58 11.77 9.35 12.10 11.16 7.49 11.84 6.99 8.88 12.88 8.37 8.74 2,517 | 3,432 2,442 4,031 3,139 2,942 2,797 2,520 3,574 2,202 3,484 1,983 2,971 3,869 6,756 7,125 8,188 8,968 6,319 6,871 9,458 10,364 8,259 8,882 8,505 9,280 7,414 8,300 6,565 6,875 7,315 8,069 6,214 6,233 8,154 8,780 5,150 5,621 7,851 8,387 9,350 9,945 56 18 60 4 20 13 28 59 32 68 22 70 27 7 Kewaunee La Crosse Lafayette . 60 60 15 38 204 52 413 54 260 55 153 139 42 114 542 138 1,150 147 724 146 166 153 45 125 598 156 1,268 158 823 152 8.23 10.16 7.68 9.79 10.38 12.69 10.22 7.49 13.64 4.27 3,544 3,084 2,292 2,480 3,464 2,815 3,499 2,832 3,237 3,040 8,353 9,018 7,063 7,710 6,315 6,629 6,835 7,388 8,267 9,017 6,745 7,395 9,351 10,274 7,619 8,067 7,874 9,012 8,315 8,725 15 41 63 46 16 45 5 33 17 24 Langlade Lincoln Manitowoc Marathon Marinette Marquette Milwaukee Monroe Oconto Oneida 46 62 262 295 93 24 4,420 88 62 71 124 178 674 846 284 72 9,393 251 190 222 138 193 735 919 315 79 10,321 282 208 251 11.67 8.41 9.00 8.58 10.89 9.01 9.88 12.29 9.63 13.12 2,304 2,595 3,182 3,051 2,615 2,720 4,183 2,733 2,384 2,916 6,286 6,895 6,924 7,326 8,170 8,838 7,654 8,240 7,485 7,985 6,448 6,720 9,663 10,665 7,273 7,995 6,698 7,170 7,238 8,023 58 49 21 29 36 62 3 35 55 34 Outagamie Ozaukee Pepin Pierce Polk Portage Price Racine.. Richland Rock 413 233 19 81 75 128 35 644 45 488 1,124 749 50 230 221 405 102 1,637 117 1,202 1,245 822 55 249 241 451 114 1,775 129 1,281 10.80 9.74 10.66 8.46 9.10 11.39 11.93 8.44 10.07 6.62 3,541 8,881 9,650 4,447 11,304 12,245 2,522 6,708 7,329 3,099 7,464 7,974 2,767 7,030 7,447 2,797 7,230 7,840 2,373 6,578 7,225 3,783 9,503 10,229 2,664 6,836 7,346 3,760 8,597 9,170 10 1 48 37 44 39 53 6 47 14 Rusk St Croix Sauk Sawyer Sheboygan Taylor Trempealeau Vernon Vilas Walworth 29 103 141 21 347 37 63 60 27 212 89 321 341 72 904 125 175 170 98 551 99 356 370 82 985 137 191 188 110 607 10.41 10.78 8.62 13.75 8.92 9.18 9.17 10.62 11.28 10.24 2,003 3,056 3,685 2,160 3,635 2,111 2,636 2,416 2,536 3,410 6,305 8,087 8,492 6,335 9,733 7,239 7,277 7,320 6,613 8,472 66 31 25 65 9 52 51 50 64 26 Washburn Washington Waukesha Waupaca Waushara Winnebago Wood Shawano (incl. Menominee) . 26 237 973 112 40 468 212 82 755 3,043 299 115 1,172 587 91 814 3,321 332 127 1,290 650 11.57 7.71 9.15 10.91 10.33 10.11 10.68 2,430 6,310 6,913 3,816 9,100 9,568 4,339 11,110 11,819 2,933 7,057 7,723 2,668 6,395 6,835 3,684 8,956 9,772 3,346 8,268 8,904 57 11 2 40 61 8 19 Clark Columbia Crawford Dane Dodge Door Douglas Dunn Eau Claire Florence Fond du Lac Forest Grant Green Green Lake Iowa Iron Jackson Jefferson Juneau , 5,932 7,572 7,936 5,693 8,975 6,704 6,725 6,623 6,011 7,726 84 254 284 11.81 2,264 6,458 7,201 54 1,139 215 924 69 29 38 50 21 15 78 4,427 874 3,553 215 85 235 217 128 51 318 5,132 1,013 4,119 250 97 286 253 155 55 365 15.92 15.97 15.91 16.21 13.31 21.62 16.91 21.53 9.42 14.51 3,462 4,239 3,320 2,645 2,862 2,858 3,844 3,612 3,226 2,806 9,798 12,785 9,266 7,485 7,202 10,639 10,645 10,242 9,537 8,336 10,875 14,072 10,300 8,592 8,105 11,720 11,540 11,014 10,398 9,038 21 22 4 5 8 11 19 Goshen .. Hot Springs Johnson Laramie Lincoln Natrona Niobrara Park Platte Sheridan 30 16 18 210 28 215 11 58 21 68 95 46 55 662 99 874 27 202 79 239 105 54 62 751 115 1,013 28 225 93 266 9.50 17.21 13.65 13.53 16.29 15.97 6.12 11.67 16.93 11.38 2,843 8,211 8,664 3,233 8,555 9,447 3,264 8,487 9,225 3,778 9,566 10,916 3,261 8,517 9,414 4,239 12,785 14,072 3,873 8,833 9,691 3,323 9,600 10,385 3,365 7,664 7,735 3,803 9,868 10,610 20 14 17 9 15 1 13 12 23 10 Sublette Sweetwater Teton Uinta Washakie Weston 12 59 24 23 24 21 48 409 102 89 80 72 52 503 115 119 88 80 7.97 22.99 13.47 33.48 10.30 10.35 3,203 11,123 11,436 3,227 10,320 12,016 4,978 10,739 12,315 3,219 7,563 9,142 3,191 8,810 9,289 3,446 9,955 11,193 6 3 Wyoming SMSA counties Non-SMSA counties Albany Big Horn Campbell Carbon Converse Crook Fremont ... ll7 3 The 1979 and 1980 personal income estimates for Greenwood, Kansas have been suppressed because of an estimating error in farm income which was discovered too late for correction in this publication. The corrected estimates will be provided on request. SOON TO BE RELEASED 1^75-80 Personal Income Statistics for > U.S. > REGIONS > STATES > COUNTIES > SMSA's > BEA ECONOMIC AREAS Total Personal Income By Type of Income Per Capita Personal Income For further information write: Regional Economic Measurement Division BE-55 Bureau of Economic Analysis U.S. Department of Commerce Washington, D.C. 20230 Labor and Proprietor's Income By Industry Group 72 SURVEY OF CURRENT BUSINESS April 'The Social Security Contributions Equations of the BEA Quarterly Model" RECENTLY developed equations of the BEA quarterly econometric model that determine social security contributions incorporate the results of research on the size distribution of earnings of U.S. workers. Sections IIIV of this paper, which is by Christian Ehemann, outline the underlying theory and present econometric estimates of these equations. Section V presents the results of full-model simulations that estimate the effects of alternative policies designed to improve the financial condition of the social security trust funds. Separate regression equations were developed for social security contributions of private- and governmentsector employees. For contributions originating in the private sector, the principal problem in specifying the equation is to explain the share of wages and salaries that is taxable (that is, the share that is below the maximum taxable "wage base"). This share depends on both the level of the wage base and the size distribution of earnings. A key step in solving this specification problem is to hypothesize a particular form of the earn- ings density function that is shown to be consistent with cross-section earnings data. This form leads to a nonlinear regression equation for social security contributions. The regression equations for social security contributions originating in the government sector recognize, in addition, that a substantial portion of government employees are not covered by the program. Estimating these regressions from time-series data gave good statistical results. An important implication of the estimated parameters is that much larger relative increases in the wage base than in the contribution rate are required to yield a given increase in contributions. The full BEA quarterly model was used to simulate over a 5-year period the macroeconomic effects of four alternative policies that might be used to reduce or eliminate the operating deficits of social security trust funds. The policies are: (1) increasing employer-employee contribution rates, (2) increasing the wage base, (3) transferring the proceeds of an increase in personal income taxes to the trust funds, and (4) reducing social security benefits (e.g., through smaller cost-ofliving increases or raising the retirement age). In each simulation, the relevant policy variable is increased or decreased by a fixed amount relative to the (history replicating) baseline solution. The magnitudes of these changes were chosen so that, in each case, the operating deficit of the trust funds is reduced $5 billion (direct effect) in the first year. The effect of each policy on major macroeconomic variables—including real GNP and unemployment and inflation rates—is measured at selected intervals over the 5-year period. Each policy has significant unfavorable effects, underscoring the difficulty of choosing an acceptable policy. However, the effects of policies (1) and (2) are the most unfavorable, primarily due to inflationary effects, and policy (4) produces slightly less unfavorable results than policy (3). Copies of this paper are available upon request by writing to: Ms. Rose Janifer, Bureau of Economic Analysis (BE-52), U.S. Department of Commerce, Washington, B.C. 20230. U.S. GOVERNMENT PRINTING OFFICE : 1982 0 - 371-676 : QL 3 See p. S-35for a notice about a change in this ^ section. CURRENT BUSINESS STATISTICS THE STATISTICS here update series published in the 1979 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (available from the Superintendent of Documents for $9.50, stock no. 003-010-00089-9) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1975 through 1978, annually, 1947-78; for selected series, monthly or quarterly, 1947-78 (where available). The sources of the series are given in the 1979 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 171-172. Series originating in Government agencies are not copyrighted and may be reprinted freely. Series from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1982 1981 1981 1980 Mar. Feb. Annual Apr. May June July Sept. Aug. Nov. Oct. Mar. Feb. Jan. Dec. GENERAL BUSINESS INDICATORS PERSONAL INCOME BY SOURCE t Seasonally adjusted, at annual rates: t Total personal income bil. $.. Wage and salary disbursements, total do.... Commodity-producing industries, total.... do.... Manufacturing do.... Distributive industries do.... Service industries do Govt.^and govt. enterprises do.... Other labor income do.... Proprietors' income: $ Farm do.... Nonfarm do.... Rental income of persons with capital consumption adjustment Dividends Personal interest income Transfer payments Less: Personal contrib. for social insur Total nonfarm income bil $ do.... do do.... do.... do.... 2,384.3 2,419.2 2,443.4 2,462.6 2,475.2 2,492.4 1,467.3 1,473.9 1,484.9 1,500.3 1,510.3 1,517.5 1,527.7 522.2 522.5 522.4 521.2 517.0 511.5 508.1 391.8 393.9 395.4 394.7 391.7 388.8 387.8 371.7 368.5 369.3 365.9 360.7 358.7 357.7 350.4 344.6 341.4 339.6 334.4 332.2 330.9 283.4 281.9 277.2 273.6 272.8 271.7 270.5 160.4 159.2 157.8 156.3 154.8 153.0 151.6 2,404.1 1,482.7 512.7 387.3 361.1 2,318.2 2,340.4 2,353.8 1,442.8 500.3 377.2 352.6 1,459.6 504.8 383.7 357.0 3350 273.9 154.1 322.6 267.2 148.0 1,452.8 503.2 379.4 354.8 3265 268.4 149.5 23.4 107.2 22.4 112.4 18.7 112.6 18.2 114.2 318 54.4 2563 294.2 87.9 2,112.6 33.6 61.3 3085 333.2 104.2 2,353.5 33.9 33.7 33.5 33.3 327 32.9 33.1 63.0 62.4 61.1 60.2 58.3 59.4 58.2 315.7 309.2 304.1 300.6 289 1 297.9 295.2 341.7 341.9 326.5 323.5 318.4 321.9 322.5 105.2 104.3 103.3 103.1 102.3 102.6 102.9 2,273.2 2,295.4 2,306.4 2,318.1 2,333.1 2,366.4 2,389.3 2,160.2 338.5 1,821.7 1,720.4 1,672.8 211.9 675.7 7852 2,404.1 388.2 2,016.0 1,908.4 1,857.8 232.0 743.2 8826 2,318.2 2,340.4 2,353.8 2,367.4 2,384.3 2,419.2 2,443.4 2,462.6 405.4 393.7 400.2 388.0 378.2 382.5 371.6 375.1 1,946.6 1,965.4 1,975.6 1,984.9 1,996.3 2,025.5 2,043.2 2,057.3 1,855.6 1,873.2 1,869.6 1,875.5 1,891.9 1,916.1 1,945.5 1,943.6 1,806.9 1,824.1 1,820.0 1,825.7 1,841.6 1,865.6 1,894.3 1,891.7 233.4 245.2 230.0 226.1 226.4 237.7 229.4 240.5 754.6 752.5 746.8 740.6 731.5 733.9 726.9 729.6 903.8 896.6 888.8 874.9 867.9 8539 856.6 8424 464 495 477 482 48.6 48.8 49.3 49.6 50.3 50.9 51.2 51.2 51.3 51.4 51.6 51.5 1.2 1013 1.0 1076 1.0 910 1.0 92.2 1.0 106.0 1.0 109.4 1.0 104.4 1.0 109.3 1.0 97.7 1.0 113.7 1.0 133.6 1.0 130.2 1.0 120.1 1.0 109.6 1.0 104.8 1.0 121.8 5.6 5.3 4.6 4.9 5.2 5.4 5.4 5.1 5.2 5.6 6.1 6.1 5.7 5.3 5.3 328.4 269.4 150.9 20.2 113.0 2,367.4 2,492.0 r2,499.0 r2,514.3 2,524.8 1,542.2 1,543.3 1,522.4 1,531.4 r 521.1 519.0 rr523.4 518.2 390.9 392.1 387.3 '387.9 r 374.1 371.9 '374.6 368.4 r 354.0 ••357. 1 359.8 351.2 288.3 '287.2 284.6 162.7 163.8 164.9 161.7 2,160.2 1,343.7 465.4 350.7 328.9 2957 253.6 137.1 21.7 112.2 23.2 112.2 24.4 112.2 25.2 112.4 24.4 112.5 24.9 111.9 24.7 111.4 34.5 34.3 34.1 64.1 63.9 63.5 328.9 326.3 322.3 347.4 343.6 343.0 106.8 106.3 105.5 2,409.0 2,420.6 2,437.6 23.7 111.0 ,21.1 110.6 18.2 110.8 34.8 34.7 34.8 64.8 64.3 64.5 r r 338.4 330.8 333.1 349.9 r351.2 r352.7 110.5 r 111.4 106.6 2,437.8 r2,446.9 2,464.7 15.3 110.9 34.8 64.8 343.9 358.5 111.7 2,477.5 DISPOSITION OF PERSONAL INCOME * Seasonally adjusted, at annual rates: Total personal income Less: Personal tax and nontax payments Equals: Disposable personal income Less: Personal outlays Personal consumption expenditures Durable goods Nondurable goods .... Services Interest paid by consumers to business Personal transfer payments to foreigners (net) bil. $.. do.... do.... do.... do.... do.... do.... do do do.... Equals* personal saving do Personal saving as percentage of disposable personal income § percent.. Disposable personal income in constant (1972) dollars bil $ Personal consumption expenditures in constant (1972) dollars do.... Durable goods do Nondurable goods do.... Services .' . do.... Implicit price deflator for personal consumption expenditures index 1972 — 100 INDUSTRIAL PRODUCTION Federal Reserve Board Index of Quantity Output 1 018 4 r 2,514.3 2,524.8 2,475.2 2,492.4 2,492.0 '2,499.0 397.4 399.5 399.8 r r394.9 r r399.9 394.8 2,080.4 2,092.9 2,092.1 2,104.1 r2,114.4 2,127.4 1,946.8 1,962.7 1,972.0 1,994.5 2,009.7 2,005.6 1,957.0 1,953.1 1,894.6 1,910.6 1,919.7 1,942.0 r 234.1 237.4 rr238.8 226.7 226.2 226.3 r 766.8 771.5 759.9 761.7 764.0 755.2 r 944.7 r946.7 952.1 922.6 928.9 913.1 r 1 040 4 1 034 1 1 035 3 1 036 8 1 036 5 1 037 3 1 041 6 1 045 5 1 043 7 1 048 4 1 0496 1 045 6 1 043 0 10485 9351 1358 358.4 440.9 958.9 1394 367.3 452.2 959.8 1468 365.5 447.6 960.9 147.7 363.1 450.1 955.1 139.6 366.5 449.0 953.4 136.6 365.5 451.3 956.9 136.0 368.9 452.0 959.4 137.0 368.7 453.6 969.3 145.8 370.1 453.4 959.7 138.0 367.7 454.0 954.8 133.1 367.0 454.7 958.2 133.2 369.2 455.8 959.4 133.1 370.1 456.2 '962.6 137.6 r 365.6 r 459.4 970.4 139.2 372.1 459.1 1789 1937 1883 1898 1906 1915 1925 194.5 195.4 197.1 198.4 199.4 200.1 r 201.7 201.7 147.0 151.0 151.7 152.7 151.5 152.6 156.5 151.0 155.4 155.8 152.4 146.4 139.1 136.6 "142.0 141.5 !55.0 158.1 150.7 1643 141.3 154.4 152.5 1648 144 1 145.2 152.4 1653 143.4 145.5 153.4 166 1 144.7 155.6 156.6 170.5 147.0 161.4 149.5 163.9 139.5 164.1 154.3 172.2 142.0 156.8 155.5 173.4 143.1 152.5 152.4 169.3 140.7 152.0 145.6 161.0 134.9 155.2 137.0 149.4 128.4 164.3 132.9 146.7 123.3 "158.6 150.4 1648 1405 "139.9 "154.3 "130.0 152.6 140.2 154.7 130.2 151.0 151.8 152.1 151.9 152.7 152.9 153.9 153.6 151.6 149.1 146.3 143.4 140.6 "142.3 141.2 1506 1495 !47.9 1502 1482 147.8 1507 1490 148.3 1513 1499 148.9 1523 151 3 150.7 1522 1514 150.3 1530 152 1 150.7 152.6 1515 149.6 151.0 1500 147.8 149.4 148.9 146.5 147.5 147.2 144.0 146.2 146.3 142.0 142.9 142.8 139.7 "144.7 "144.6 "141.8 143.9 143.9 141.4 Not Seasonally Adjusted Total index By industry groupings: Mining and utilities 1967-100.. Total index By market groupings: Products total Final products Consumer . ffoods See footnotes at end of tables. 3 7 1 - 6 7 6 0 - 82 - do.... do do... 149.5 146.7 1612 1367 do- 147.0 do.... Manufacturing Nondurable manufactures Durable manufactures Seasonally Adjusted SI . do do do... 1467 1453 145.4 r r S-l S-2 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1981 Feb. Annual April 1982 Mar. Apr. May June July 1982 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. 123.2 119.2 87.5 78.1 119.9 109.0 71.6 61.3 "125.3 "117.1 "82.0 "70.5 e 125.4 GENERAL BUSINESS INDICATORS—Continued INDUSTRIAL PRODUCTION—Continued Seasonally Adjusted —Continued By market groupings—Continued Final products—Continued Durable consumer goods . Automotive products Autos and utility vehicles Autos 1967 — 100 . do.... do.... do 136.7 132.8 110.1 103.6 140.5 137.9 111.2 103.4 141.2 133.9 108.5 101.1 143.6 139.2 116.1 107.8 144.3 142.9 120.2 113.2 147.3 151.8 129.1 120.0 147.9 153.1 131.4 122.2 146.5 147.6 123.0 118.1 142.5 137.6 107.8 104.0 140.4 139.1 110.0 103.3 136.3 132.8 101.7 92.5 129.7 121.7 88.9 81.1 !26.0 123.1 e 91.3 e 79.8 do.... 138.9 142.0 145.2 146.1 145.0 144.8 145.0 145.8 145.3 141.1 138.2 134.1 126.0 "129.8 127.6 do.... do do . do.... do 148.9 126.0 155.2 147.4 164.3 150.9 119.8 159.5 150.3 170.0 150.5 120.9 158.6 150.5 168.1 150.1 118.9 158.8 150.5 168.4 150.7 120.6 159.0 150.2 169.3 152.1 122.1 160.3 151.3 170.8 151.2 120.9 159.6 149.6 171.3 152.3 122.8 160.5 150.5 172.2 152.5 121.9 161.0 150.6 173.0 150.8 119.3 159.5 149.5 171.1 150.5 117.8 159.6 150.7 169.9 149.7 116.1 159.0 150.4 169.1 149.5 113.8 159.4 150.9 169.3 147.6 "148.4 147.5 158.8 149.9 169.1 "159.0 ""•158.5 "150.3 "169.0 169.3 do . do • do.... do... do.... 145.2 173.2 156.5 239.9 128.2 151.8 181.1 166.4 r 286.2 127.9 148.7 177.5 163.4 270.4 128.4 150.0 179.3 164.6 276.6 128.6 151.4 181.0 165.9 281.7 128.5 152.1 182.0 167.0 286.4 128.4 153.0 183.6 169.0 289.7 130.6 154.1 184.8 169.4 290.3 130.8 154.0 184.4 170.2 293.0 130.8 152.9 182.7 168.9 293.6 129.3 152.1 180.5 166.9 295.6 125.7 151.5 179.0 165.1 293.8 123.6 152.1 179.0 164.0 '294.6 122.0 147.1 172.2 158.1 '289.0 116.9 "148.4 "172.7 "157.3 "280.6 "117.2 147.4 170.6 153.8 e 268.9 e 116.0 do.... do . do..., 192.4 237.8 139.9 198.0 '258.7 125.4 193.7 250.4 124.8 196.2 252.7 127.8 198.6 254.5 131.5 199.4 258.0 130.0 200.4 259.9 129.7 202.5 263.7 128.4 200.9 264.3 124.6 198.5 264.2 121.0 196.2 259.8 120.6 195.0 260.6 116.6 196.3 '262.9 117.5 188.5 '256.1 109.0 "190.4 "257.4 "110.1 e 190.0 e 257.0 e do.... do.... do do 98.2 151.9 140.9 162.8 102.7 154.4 141.9 166.7 100.5 157.7 148.9 166.4 100.7 157.1 149.0 165.1 101.5 156.3 147.9 164.7 102.0 156.1 146.5 165.6 101.7 154.9 143.4 166.2 102.6 156.2 144.3 168.0 102.8 156.8 144.0 169.5 103.0 154.6 139.7 169.4 104.5 151.4 135.2 167.5 105.3 148.7 130.1 167.1 107.0 145.9 127.0 164.6 105.1 143.2 123.9 162.3 "107.6 "145.3 "126.3 "164.3 108.4 144.0 124.7 Materials Durable goods materials Nondurable goods materials Energy materials do.... do do.... do 147.6 143.0 171.5 129.3 151.6 149.1 174.6 129.0 154.3 150.6 179.9 131.6 154.4 152.2 177.5 130.9 152.9 151.8 179.3 123.1 153.4 152.8 179.0 123.0 154.0 152.4 176.9 129.3 155.3 153.6 176.5 133.3 155.2 154.3 175.4 132.6 152.5 150.4 175.5 128.9 148.5 145.6 170.6 128.3 144.6 141.0 164.7 128.1 139.0 134.0 158.3 127.4 137.0 129.6 155.8 131.3 "138.6 "132.0 "158.9 "129.5 137.1 130.2 157.4 128.4 By industry groupings: Mining and utilities Mining . Metal mining Coal Oil and gas extraction $ Crude oil Natural gas Stone and earth minerals do do.... do.... do . . . do do... do.... ... do 149.5 132.7 109.2 146.7 133.3 94.9 111.1 132.8 155.0 142.2 123.1 141.3 146.8 95.1 154.8 143.2 131.1 151.2 144.1 95.7 111.8 138.8 150.5 135.2 123.1 75.9 146.1 96.3 112.7 133.7 152.1 135.4 125.0 77.0 146.2 95.2 111.8 132.2 156.3 141.7 123.5 122.9 148.2 96.2 112.8 132.7 159.1 146.5 123.6 170.0 147.7 95.2 111.5 133.3 158.2 146.0 124.1 167.4 148.2 94.8 116.8 128.2 155.8 145.0 121.5 161.9 148.8 95.0 111.5 123.4 156.1 145.3 119.8 166.9 148.9 94.0 111.9 122.0 155.4 143.3 115.4 160.8 148.4 93.9 108.1 116.7 154.7 142.6 110.9 145.5 150.5 94.5 157.3 144.3 119.1 147.9, 151.5 96.2 "154.8 152.9 "142.3 138.7 "117.6 "156.0 ""*156.'i "147.0 142.2 "95.0 129.4 154.1 143.1 134.1 159.0 142.2 95.0 108.7 140.0 do do.... 168.3 189.7 169.1 190.9 166.4 187.1 167.8 188.9 167.6 188.6 170.7 192.9 172.7 195.6 173.1 196.2 171.9 194.2 167.8 188.3 168.1 189.4 168.9 190.9 168.2 190.2 171.8 194.8 "168.7 "190.6 168.7 190.7 do. do.... do 146.7 161.2 149.6 150.4 164.8 152.1 151.2 166.2 152.5 151.6 165.3 152.4 152.0 165.9 151.9 152.8 166.4 152.2 152.4 165.8 151.3 153.2 167.1 151.6 153.2 167.3 151.9 151.1 165.9 150.7 148.0 162.8 151.4 145.0 160.3 153.0 142.0 157.4 152.8 138.3 154.7 151.3 "140.5 "156.4 "152.3 139.7 155.6 do do.... .. do do.... 119.9 138.6 127.0 151.1 122.2 135.7 120.4 155.0 125.4 139.3 121.6 156.0 125.7 136.2 120.2 157.6 122.2 138.9 121.6 157.0 122.3 138.8 122.6 155.9 120.9 138.3 121.1 153.4 121.3 139.4 122.6 154.9 123.8 140.7 122.6 156.7 122.4 136.3 122.5 158.6 124.3 132.5 117.8 153.3 119.6 126.1 113.8 152.6 112.6 122.8 114.1 146.6 112.7 119.4 "123.6 147.0 "148.6 149.2 do.... do do... do.... do 139.6 207.1 132.9 255.7 70.1 144.2 '215.6 129.7 274.0 69.3 144.8 219.8 131.5 270.2 68.3 142.7 218.5 130.3 269.5 68.8 141.6 219.8 130.0 275.2 68.9 141.3 220.6 129.8 280.3 69.8 143.1 218.4 129.3 285.1 68.4 144.4 221.5 128.7 285.3 70.1 146.1 219.2 130.4 286.7 69.6 145.9 216.3 129.1 282.2 69.7 145.6 208.8 128.3 276.0 71.2 143.4 204.6 128.0 264.1 70.8 145.3 199.8 128.3 '247.3 65.6 145.7 195.8 123.3 '243.4 '63.1 "146.4 "197.2 "120.3 "247.0 "62.6 145.8 do do.... do do do.... do do .. do do.... do do.... 136.7 78.5 119.3 150.0 147.5 102.3 92.4 119.8 134.1 162.8 172.8 140.5 81.1 119.1 157.2 147.9 107.9 99.8 122.4 136.4 171.2 178.4 142.1 78.5 125.6 155.6 154.6 114.9 108.0 127.7 139.2 169.2 177.4 142.5 79.8 126.3 158.7 154.3 110.6 103.4 122.2 139.5 169.7 178.8 143.5 80.9 126.2 158.9 151.7 111.9 105.6 121.6 138.4 172.1 179.9 143.2 80.9 122.5 162.4 148.1 107.4 98.5 123.1 139.3 174.1 180.1 143.6 80.6 122.9 164.9 148.7 109.4 99.7 131.8 140.1 176.7 180.9 143.4 81.8 119.1 163.3 148.2 113.1 105.1 128.8 140.0 176.4 182.6 140.9 82.3 113.2 159.9 147.3 108.6 99.2 125.0 136.8 173.9 180.0 137.8 82.5 109.6 134.4 84.3 104.7 131.3 85.5 104.8 127.0 '83.9 '99.2 "129.6 "86.0 "101.4 128.6 e 87.1 157.2 143.4 102.3 92.2 119.3 133.8 169.7 179.6 153.7 135.9 96.6 87.2 112.8 130.2 167.9 175.7 149.4 131.5 '89.6 79.2 108.0 126.1 167.4 170.7 144.3 128.3 '89.4 '79.2 108.0 120.7 160.8 168.2 "146.4 "131.9 "88.4 "78.8 "106.0 "122.7 "161.8 "173.1 do.... do.... do 116.9 119.0 171.1 116.1 122.3 170.3 140.8 78.4 126.2 154.3 156.4 114.5 108.4 125.9 137.6 168.3 174.9 116.1 119.9 171.1 119.5 127.1 170.0 121.3 130.7 170.0 123.7 136.4 170.6 123.4 137.5 171.3 119.8 130.5 172.1 115.4 123.1 172.3 114.2 120.4 169.7 110.6 113.8 168.6 106.1 105.5 167.1 103.7 100.4 166.8 96.5 '90.4 162.1 "101.8 "98.6 "164.8 Home goods Nondurable consumer goods Clothing Consumer staples Consumer foods and tobacco Nonfood staples Equipment Business eouipment Industrial equipment # Building and mining equip Manufacturing equipment Commercial, transit, farm eq. # Commercial equipment Transit equipment Defense and space equipment Intermediate products Construction supplies Business supplies Utilities Electric .. . ; Manufacturing . Nondurable manufactures Foods Tobacco products Textile mill products Apparel products Paper and products . . Printing and publishing Chemicals and products . Petroleum products Rubber and plastics products Leather and products .... Durable manufactures Ordnance, pvt. and govt Lumber and products Furniture and fixtures Clay, glass, and stone products Primary metals Iron and steel Nonferrous metals . Fabricated metal products Nonelectrical machinery Electrical machinery Transportation equipment Motor vehicles and parts Instruments . . 115.7 ""'115.8 ""ni'8.9 BUSINESS SALES Mfg. and trade sales (unadj.), total $ Mfg and trade sales (seas adj ) total $ Manufacturing total t Durable goods industries Nondurable goods industries mil. $.. 3,846,477 4,200,227 '331,756 361,175 354,873 353,099 366,401 341,248 349,730 357,025 358,871 343,537 359,212 '309,039 325,248 do '3,846,477 '14,200,227 '350,273 349,898 350,923 349,245 354,442 354,759 352,783 353,717 345,287 345,213 342,226 '336,663 343,993 do.... rl 1,845,934 1,997,775 165,508 165,804 167,491 167,527 171,494 170,324 169,518 168,581 164,085 161,979 161,081 156,976 159,672 do.... r 936,030 1,019,879 84,215 85,058 86,327 86,664 88,770 87,319 86,841 86,179 82,583 81,641 81,146 '77,855 79,944 do.... 909,903 977,896 81,293 80,746 81,164 80,863 82,724 83,005 82,677 82,402 81,502 80,338 79,935 '79,121 79,728 Retail trade total § . . Durable goods stores Nondurable goods stores ''951,902 1,038,790 do do.... '296,594 326,596 do.... '655,308 712,194 Merchant wholesalers, total @ Durable goods establishments Nondurable goods establishments do.... rl 1,055,168 1,174,072 do.... r448,040 499,970 do.... '607,128 674,102 Mfg. and trade sales in constant (1972) dollars (seas adj ) total * bil $ Manufacturing * . do Retail trade * do.... Merchant wholesalers * do.... See footnotes at end of tables. '85,201 '86,128 '86,263 '86,361 '87,299 '87,292 '87,961 '87,823 '86,413 '27,197 '27,601 '27,166 '27,488 '27,725 '27,759 '28,098 '27,810 '26,354 '58,004 '58,527 '59,097 '58,873 '59,574 '59,533 '59,863 '60,013 '60,059 '99,564 '98,288 '98,840 '98,964 '98,027 '97,445 '97,359 '97,440 '96,249 '42,311 '41,062 '41,575 '42,358 '42,449 '42,288 '42,144 '41,562 '40,843 '57,253 '57,226 '57,265 '56,606 '55,578 '55,157 '55,215 '55,878 '55,406 161.4 74.3 47.1 40.1 160.4 74.3 46.8 39.2 159.8 74.8 46.0 39.0 158.5 74.2 45.7 38.5 160.2 75.7 46.4 38.1 159.0 74.6 45.9 38.5 158.2 73.8 46.8 37.6 158.4 73.4 46.6 38.4 153.5 70.8 44.9 37.8 '86,733 '86,572 '26,436 '26,206 '60,297 '60,366 '85,320 '25,316 '60,004 87,574 26,762 60,812 '96,738 '94,920 '41,410 '40,930 '55,328 '53,990 '94,367 '40,323 '54,044 96,747 40,567 56,180 152.7 '69.4 '45.3 '38.0 149.0 67.3 44.4 37.3 153.3 69.2 45.5 38.5 153.4 69.8 45.1 38.5 109.8 122.2 «84.8 121.8 159.6 173.0 e 103.8 e !05.0 163.1 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual 1982 1981 Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. GENERAL BUSINESS INDICATORS—Continued BUSINESS INVENTORIES Mfg. and trade inventories, book value, end of year or month (unadj.), total $ mil. $.. 470,769 506,647 r485,493 489,556 Mfg. and trade inventories, book value, end of year or month (seas adj ) total $ mil $ 475 202 513 286 r485 543 485 467 Manufacturing, total t do.... 257,979 276,414 264,496 266,524 Durable goods industries do . 171 603 185 226 175 620 176 229 86,376 Nondurable goods industries do.... 91 188 88876 90295 Retail trade total § do.... 114 114 125 693 116 118 116 148 r Durable goods stores do.... r53,747 58,835 rr54,355 rr53,944 Nondurable goods stores do 60 367 66858 61 763 62 204 Merchant wholesalers total @ do 104 441 111 179 104 929 105 018 r Durable goods establishments . do .. 67 033 73746 rr67 256 rr67 789 Nondurable goods establishments do.... r37,408 37,433 37 673 37 229 Mfg. and trade inventories in constant(1972)dollars, end of year or month(seas.adj.),total* bil. $.. 262.9 262.6 Manufacturing * do.... 1458 146 1 Retail trade * do.... 63.5 63.9 Merchant wholesalers * do 53 1 530 BUSINESS INVENTORY-SALES RATIOS Manufacturing and trade, total $ ratio.. 1.45 1.42 1.38 1.39 Manufacturing, total t do.... 1.65 1.62 1.60 1.61 Durable goods industries do . 2 16 2 12 209 207 Materials and supplies do.... 0.70 066 0.66 065 Work in process do 096 097 095 095 Finished goods do... 050 049 047 047 Nondurable goods industries do.... 1.13 1.11 1.09 1.12 0.46 Materials and supplies do.... 045 045 045 Work in process do 0 18 0 18 0 18 018 048 Finished goods do... 048 047 048 141 Retail trade, total § do.. . 139 136 135 r 2.09 Durable goods stores do.... 2.08 2.00 1.95 1 10 Nondurable goods stores do 107 106 107 1 16 Merchant wholesalers total @ do 105 107 Durable goods establishments do.... 1.71 1.59 1.65 r 0.74 Nondurable goods establishments do.... 0.66 065 Manufacturing and trade in constant (1972) dollars, total * do.... 1.63 164 Manufacturing * do 196 197 Retail trade * do.... 1 36 136 Merchant wholesalers * do 133 135 MANUFACTURERS' SALES, INVENTORIES, AND ORDERS Shipments (not seas, adj.), total t do.... 1,845,934 1,997,775 167,163 175,250 Durable goods industries, total do.... 936,030 1,019 879 84,746 91,521 Stone clay and glass products do 45518 49051 3903 4277 Primary metals . do.. . 134,051 137 970 12253 12559 62,481 Blast furnaces, steel mills do.... 70933 6,108 6,392 Fabricated metal products do.... 116,868 123,117 10,405 11,078 Machinery except electrical do 182 837 204 644 16982 18412 Electrical machinery do.... 125,907 136 583 11,293 11812 Transportation equipment do.... 191,387 219,761 17,706 20,522 Motor vehicles and parts do 114 909 137 404 11236 12912 45,993 50,233 4,027 4,327 Instruments and related products do.... Nondurable goods industries total do 909903 977 896 82416 83729 Food and kindred products do. .. 254,745 266 111 22,348 22860 12466 1058 1060 Tobacco products do 13623 46,167 50,682 4,130 Textile mill products do.... 4,558 77,745 71,660 6,679 6,799 Paper and allied products do.... Chemical and allied products do 167 099 182 343 15250 16472 Petroleum and coal products do 176 598 194 703 17091 16 109 48,060 46,640 3,869 4,017 Rubber and plastics products do.... Shipments (seas adj ) total 1" do 165 508 165 804 By industry group: Durable goods industries total # do. . 84215 85058 Stone, clay, and glass products do.... 4,216 4,211 Primary metals . . . . do.... 11896 11321 Blast furnaces steel mills do 5896 5622 Fabricated metal products do. . 10518 10550 Machinery, except electrical do.... 16,573 16,919 Electrical machinery do.... 11041 11,284 Transportation equipment do 17338 18453 10909 11,285 Motor vehicles and parts do.... 4 136 Instruments and related products do 4 129 Nondurable goods industries total # do 81293 80 746 22 121 21930 Food and kindred products . . . .do.... 1 122 1086 Tobacco products do 4 167 4235 Textile mill products do 6575 6525 Paper and allied products do.... 14,911 15,166 Chemicals and allied products do.... 16747 16 153 Petroleum and coal products do 3730 Rubber and plastics products do ... 3766 See footnotes at end of tables. 490985 492,671 494,485 495,544 498,254 504,114 513,410 520 102 506,647 r507 968 508,695 487 060 267,506 177 123 90383 116 968 r 54 629 r 62 339 105 038 r 68 189 r 36 849 490 254 494 226 269,260 269 709 177 635 178 676 91625 91033 118 191 120 010 r 55,560 r56 764 r 62 631 '63 246 105 349 106 756 r 68 958 rr69 480 r 36 391 37 276 498 098 271,872 180 855 91017 121 993 r 57,865 r 64 128 105 768 r 68 929 r 36 839 502 458 273,361 182 221 91 140 123 341 '58,545 r 64 796 107 516 r 70 379 r 37 137 508 132 276,616 185 140 91476 124 376 r 58 761 r 65 615 108 802 r 71 842 r 36 960 511 682 278,440 186 718 91722 125 364 r 59,014 r 66 350 108 708 r 71 943 r 36 765 515 165 279,544 187 275 92269 125 618 r 58 907 r 66711 r 110 243 r 73 479 r 36 764 r r 513 286 276,414 185 226 91 188 125 693 r 58,835 r 66 858 111 179 r 73 746 r 37 433 511 094 275,711 184 593 r 91 118 124 229 r 57,807 r 66 422 111 154 r 73 110 '38 044 508 954 276,385 184 800 91,585 123 419 56,925 66494 109 150 72 109 37,041 266.6 146 1 65.0 555 265.1 1459 64.3 548 r r 263.2 1464 63.8 530 263.9 1466 64.3 53 1 265.4 1463 65.2 538 266.5 1468 66.4 532 267.1 1469 66.3 539 268.5 1477 664 545 269.7 148 1 66.9 547 270.4 148 1 668 555 1.39 1 60 205 065 094 047 1.11 045 018 048 136 r 201 106 106 1.64 064 1.40 161 205 064 092 046 1.13 045 0 19 049 137 202 106 106 1.63 064 1.39 157 201 063 092 046 1.10 044 0 18 049 138 r 205 106 109 1.64 067 1.40 1.60 207 065 094 048 1.10 044 017 049 140 r 209 108 1 09 1.63 r 067 1.42 161 210 065 096 049 1.10 044 0 18 048 140 r 208 108 1 10 1.67 r 067 1.44 1.64 2 15 067 098 051 1.11 045 0 18 049 142 r 2 11 109 1 12 1.73 066 1.48 170 226 070 103 053 1.13 045 0 17 050 145 r 224 1 11 1 13 1.76 r 066 1.49 1.73 229 071 105 054 1.15 046 0 18 051 145 r 223 1 11 1 14 1.77 r 066 1.50 172 r 228 070 104 054 1.14 046 0 18 049 145 r 225 1 11 1 17 1.80 r 069 152 176 237 073 1 08 056 1.15 047 0 18 050 146 228 1 11 1 18 1.81 070 1.48 1.73 231 071 106 055 1.15 046 0 18 051 1 41 2 13 109 1 13 1.78 066 165 196 139 136 167 198 141 138 168 197 145 138 169 199 142 143 170 201 142 1 42 176 209 149 1 45 176 2 12 148 1 44 176 '2 12 146 1 47 1 79 2 17 146 1 49 1 73 2 11 141 142 169,040 179,978 156,408 166,520 174,010 170,346 88289 95046 78497 83181 88536 86763 4279 4592 4288 4335 4 164 4 151 12267 12628 10806 11556 11724 Il'l91 6364 6,617 5965 5698 5736 5921 10,800 11,300 9,701 10,535 10,671 10,497 16869 18736 15465 16244 17814 17 136 11338 12330 10351 11402 12339 11839 20067 21,924 16,373 16,547 18,286 18,828 9997 11039 12299 13045 14397 10228 4 148 4552 3894 4 198 4587 4395 80 751 84932 77911 83339 85474 83583 21749 23 171 21057 22394 23316 22763 1046 1 149 1 186 1218 1 190 1 164 4755 4,409 4430 4713 4320 3755 6553 6720 6,106 6658 6,690 6581 15413 16 153 14 180 15055 16078 14787 16 236 16 491 15 772 16 458 16086 16 249 4227 4040 4087 4 152 3915 3732 167 527 171 494 170 324 169 518 168 581 164 085 161,275 80945 3824 10 114 5154 9,297 16675 11583 17,433 10670 4251 80330 21900 1 199 4,001 6347 14477 15 778 3525 161 979 155 673 78345 3400 9090 4779 8,850 17959 11012 16,669 8939 4237 77328 21343 1218 3703 5993 14800 15846 3329 161 081 170,022 88,627 4364 12431 6,437 10,724 17 194 11301 19,872 12664 3,979 81395 22312 1 101 4,225 6,587 15607 15 723 4 133 167 491 86327 4293 11691 6 101 10459 16,836 11373 18961 11987 4030 81 164 22700 1095 4 195 6536 14,704 15969 3962 86664 4 180 11824 6209 10594 16,775 11597 19130 12257 4208 80863 21,931 1034 4350 6,426 14,875 16404 3,850 166 193 141 1 41 88770 4207 11810 6 172 10591 17,303 11679 20440 13378 4257 82724 22676 1 154 4467 6392 15,296 16357 4074 87319 4,250 11971 6228 10547 17,070 11713 18967 12390 4308 83005 22,638 1 195 4496 6,493 15,459 15859 4129 86841 4004 11981 6 111 10432 17,246 11682 19431 12370 4205 82677 22,453 1 186 4414 6446 15,458 16405 3,956 86 179 4,024 11609 5929 10286 17,353 11667 18956 11,971 4299 82402 22,421 1211 4427 6,537 15,489 16049 3,971 268.8 147 1 r 66.1 r 556 145,052 161,115 r 70 440 80,365 r 3547 3239 r 10 136 9728 r 5142 4958 r 9,402 8,328 14 843 17599 10 276 11521 16,888 14,001 r 8534 10271 r 3,823 3532 F 74 612 80750 r 2o'361 22642 1 135 1 121 r 3974 3431 r 6,601 6,250 14 238 15479 15 136 14457 3891 '3*387 156 976 159 672 82 583* 81 641 81 146 r77 855 3,845 3,860 3822 r3,877 11065 10635 9803 10 542 5710 5518 5 144 r5407 9989 9494 9440 r9 186 16,924 17,446 17,417 16,367 11262 11433 11 159 11 066 17 198 16803 17427 15 247 10686 10,018 10018 Fr 9013 4 146 3920 4 241 4241 81502 80338 79935 r79 121 22,077 21,493 21,296 '21,914 1099 1 173 1 193 1 182 3875 '3797 4061 3934 6,489 6,533 6,553 '6,500 15,053 15,328 15,794 15,079 16479 15830 15,542 15 112 3,698 '3,673 3,945 3,642 79944 3,831 9838 4963 9498 17,308 11,272 16545 9,973 3917 79,728 22,454 1 190 4,011 6,501 15,154 14,142 3,749 Mar. SURVEY OF CURRENT BUSINESS S-4 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 1981 Annual April 1982 Feb. Mar. Apr. May June July 1982 Aug. Sept. Oct. Nov. Dec. Jan. Feb. GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SALES, INVENTORIES, AND ORDERS f— Continued Shipments (seas, adj.) t—Continued By market category: t Home goods and apparel mil. $ 11 135,305 Consumer staples do.... 329,447 Equipment and defense prod., exc. auto .... do.... 1'277,289 134,879 Automotive equipment do Construction materials and supplies do.... 1 143,458 '825 553 Other materials and supplies do Supplementary series: Household durables do.... '58,493 '308 368 Capital goods industries do Nondefense do . 1267,210 Defense do '41 158 Inventories, end of year or month: t Book value (unadjusted), total Durable goods industries, total Nondurable goods industries, total Book value (seasonally adjusted), total t By industry group: Durable goods industries total # Stone, clay, and glass products Primary metals Blast furnaces, steel mills Fabricated metal products Machinery, except electrical Electrical machinery Transportation equipment . Motor vehicles and parts Instruments and related products By stage of fabrication: t Materials and supplies Work in process Finished goods Nondurable goods industries, total # Food and kindred products Tobacco products Textile mill products Paper and allied products Chemicals and allied products Petroleum and coal products Rubber and plastics products By stage of fabrication: Materials and supplies Work in process Finished goods By market category: t Home goods and apparel Consumer staples Equip, and defense prod., exc. auto Automotive equipment Construction materials and supplies Other materials and supplies Supplementary series: Household durables Capital goods industries Nondefense Defense New orders, net (not seas, adj.), total t Durable goods industries, total Nondurable goods industries, total New orders, net (seas, adj.) total t . By industry group: Durable goods industries, total Primary metals Blast furnaces, steel mills Nonferrous and other primary met Fabricated metal products Machinery except electrical . . Electrical machinery Transportation equipment Aircraft, missiles, and parts Nondurable goods industries, total Industries with unfilled orders $ Industries without unfilled orders H By market category: t Home goods and apparel Consumer staples Equip, and defense prod., excl. auto Automotive equipment Construction materials and supplies Other materials and supplies Supplementary series: Household durables Capital goods industries Nondefense Defense See footnotes at end of tables. '145,530 '345,664 '306,690 '158828 '149,928 '891 128 12173 28,759 24,315 12738 13040 74484 12054 28,366 25,641 13017 13 100 73626 12,282 29,003 25,185 13827 13,056 74 137 12,235 28,207 25,241 14 134 12,812 74898 12,572 29,344 25,938 15230 12,696 75714 12,792 29,219 25,208 14381 12,754 75949 12,400 28,919 26,044 14,227 12,289 75639 12,217 29,267 26,185 13688 12,310 74914 11,971 28,664 25,163 12442 11,925 73920 11793 28,506 26,236 11600 11,564 72280 11,088 rll,179 28,551 rr28,854 27,045 24,509 11,678 10 608 11,392 rl 1,333 71327 r70 493 11765 29,766 25,929 11649 11,204 69359 '63,343 '338 562 '288611 '49 948 5322 26923 23062 3861 5,292 28 159 23999 4 161 5,547 27773 23810 3964 5,291 27982 24,041 3941 5,403 28714 24602 4 112 5,512 28 160 23,931 4229 5,274 28992 24,573 4 419 5,360 28822 24,608 4214 5,194 27871 23,534 4337 5128 28935 24433 4502 4,921 29377 24,750 4627 r 4,880 r 27 017 r 22,791 r 4,926 28558 24010 4548 4226 r 276,648 r !84 607 r do.... do .. do.... 256,584 169,616 86,967 do.... 257,979 274,790 266,053 267,908 269,614 271,609 270,228 271,008 272,545 273,900 276,040 277,405 274,790 277,986 186 070 183 148 176 849 177 879 179 091 179 959 179,710 180,681 181,967 183,091 184,310 185 149 183,148 91,642 89,205 90,029 90,523 91,650 90,518 90,327 90,578 90,809 91,730 92,256 91,642 92,041 91,916 r 276,414 264,496 266,524 267,506 269,260 269,709 271,872 273,361 276,616 278,440 279,544 276,414 275,711 276,385 do .. do.... do.... do . 171,603 6,145 21,976 11,844 185 226 175 620 176 229 177 123 177 635 178 676 180,855 182,221 185,140 186,718 187 275 185,226 6,509 6,831 7,037 6,953 6,967 6,967 6,599 6,642 6,923 6,369 6,398 6,390 25,194 23,240 23,640 23,402 23,163 23,334 23,926 24,412 25,087 25,268 25,361 25,194 13089 12454 12722 12362 12 112 12 169 12556 12,734 13,120 13 148 13129 13,089 do do.... do.... do do.... do.... 19773 39,189 24,383 36810 9,694 9,281 20314 42,472 26,325 39711 8,970 9,765 20034 39,582 25,083 37810 9,568 9,372 19812 39,618 25,057 38 111 9,605 9,380 19799 39,705 25,589 38305 9,489 9,581 19796 40,070 25,457 38427 9,376 9,645 19973 40,342 25,689 38628 9,275 9,603 20031 41,036 25,987 38949 9,397 9,569 20232 41,366 26,243 38,695 9,088 9,585 20440 42,017 26,517 39,424 9,316 9,738 20598 42,282 26,865 40264 9,453 9,714 20733 42,502 27,976 40250 9,094 9,771 20314 42,472 26,325 39,711 8,970 9,765 r 20 630 T 42,324 r 26,182 r 39,548 r 8.641 r 20376 42,471 26,086 39,692 8,550 9,727 do.... do .do .. 53,808 77935 39,860 56,824 84246 44,156 55,870 80090 39660 55,495 80584 40,149 55,857 81000 40,265 55,282 81933 40420 55,816 81 769 41091 56,867 82431 41,557 56,594 82996 42,631 57,495 84083 43,562 57,740 85574 43961 56,824 84246 44156 r 56,846 r 84 219 r 56,556 84 444 43800 do.... do.... do.... do do.... do.... do.... do.... 86,376 22,325 3,507 6,386 7,798 18,489 8,240 5,279 91,188 21,101 4,243 r 6683 8,817 20,438 8,680 5,508 88,876 22,074 3,604 6,525 8,233 19,201 9,117 5,539 90,295 22,237 3,689 6518 8,286 19,488 9,885 5,538 90,383 22,055 3,643 6,545 8,246 19,490 9,932 5,652 91,625 22114 3,699 6562 8,224 20,029 10,278 5616 91,033 21,862 3,570 6604 8,332 20,218 9,996 5,634 91,017 21,836 3,765 6,608 8,429 20,116 9,604 5,677 91,140 21,951 3,931 6,550 8,445 20,281 9,320 5,624 91,476 21,826 3,966 6,642 8,588 20,363 9,206 5,703 57,648 84986 44084 91,722 21600 4,043 6676 8,664 20,722 8,772 5729 92,269 21619 4,036 6709 8,822 20,755 8,663 5801 91,188 21,101 4,243 r 6683 8,817 20,438 8,680 5508 r 91,118 r 21,071 r 4,343 r 6469 r 8,738 T 20,449 r 8,710 r 5438 91,585 21065 4,309 6393 8844 20,575 9,054 5506 do.... do . do.... 35,572 14,108 36,696 37,122 14,373 39,693 36,381 14682 37,813 36,412 14,782 39,103 36,656 14799 38,927 36,673 14979 39,973 36,311 14607 40,115 36,786 14,573 39,658 36,421 14,772 39,947 36,692 14,568 40,216 36,716 14222 40,784 37,022 14063 41,184 37,122 r37,013 14373 14 438 39,693 r39,667 36,792 14464 40329 do.... do. .. do.... do do.... do.... 20,663 32,201 69,908 11872 21,266 102,070 22,773 21,022 21,201 21,420 21,761 21,410 21,637 21,881 21,982 22,570 23,064 22,773 rr22,717 22,555 33,005 32,553 32880 32693 32891 32658 32,826 33,205 33 142 33 184 33020 33005 r33 083 33272 76,359 71,469 71,400 72,284 72,697 73,240 73,756 74,156 75,148 76,180 76,570 76,359 76,247 76,706 11364 11717 11775 11666 11592 11 530 11688 11394 11 714 11866 11570 11364 11 007 10 855 22,575 21,532 21,602 21,660 22,055 22,393 22,613 22,727 23,006 22,795 22,901 22,575 r22,244 21,950 110,338 106,203 107,666 107,783 108,264 108,478 109,352 109,998 111,624 111,845 112,419 110,338 110,413 111 047 do do .. do do .. 9992 78,245 67224 11,021 do.... 1,860,706 do.... 951,169 do.... 909,536 do 1 1860,706 10880 10139 10236 10360 10323 10250 10446 10674 10719 10981 11037 10880 10 902 10 837 85825 80243 80456 81 266 81 608 82376 83283 83742 85074 86053 86513 85825 rr85 751 86352 72 183 68616 68473 69 100 69335 69676 70602 71053 72055 72985 72972 72 183 71 946 72317 13,642 11628 11984 12 165 12273 12700 12681 12689 13019 13'068 13541 13642 13 805 14035 1,998,049 169,653 177,003 171,926 168,602 178,014 156,831 164,781 172,733 168,150 158,259 154,967 149,402 160,826 1,020,808 86,993 93,232 90,242 87,680 93,280 79,035 81,487 87,507 84,898 78,472 77,825 rr74,493 80,651 977,240 82,659 83,771 81,684 80,922 84,734 77,796 83,294 85,226 83,252 79,787 77,142 74,909 80 175 '1,998049 166 987 167 361 168 584 169 340 170 913 172611 170 063 168 444 159 005 159 923 159 469 157 202 158 593 do.... do do.... do.... do.... do do.... do do.... do.... do.... do.... '951,169 1 -134 057 '63,212 '58,694 1 115,993 1 182 782 1 130,744 '202 676 1 63,658 '909,536 1 184,073 '725,462 '1,020,808 '134411 '69,519 '52,465 '121,692 '204 948 '140,846 '220 808 '59,381 '977,240 '201,943 '775,294 85,446 11872 5,951 4,943 10,604 15876 11,290 18633 5,118 81,541 16,936 64,606 86,729 11 739 6,024 4,580 10,556 16740 11,666 19428 6,324 80,632 16,666 63,966 87,180 11831 6337 4,475 10291 17504 11960 18698 3777 81,404 17,083 64,321 88,164 11 809 6076 4,612 10607 17082 11 721 20093 5803 81,176 17,052 64,124 88,303 11324 6,040 4,235 10,979 17303 12,600 20909 4,083 82,610 16,814 65,796 89,696 12466 6,436 4,842 10,804 16376 12,055 20653 6,116 82,915 17,213 65,702 87,350 11602 6,082 4,466 9,901 17658 11,920 20375 5,106 82,713 17,033 65,680 do do do.... do.... do.... do.... 1 '145,479 '345 823 '310,210 '158,721 '149,162 '888,643 12494 28746 24,742 12,922 13,001 75,082 12245 28376 26,834 13,089 13,154 73,662 12328 29 075 25,606 13,822 12,843 74,909 12083 28 188 25^365 14,258 12,755 76,691 12776 29384 25,025 15,083 13,166 75,479 12828 29253 26,944 14,474 12,900 76,059 do.... '58,182 '63,333 do.... '326,752 '344,264 do.... '270,571 '281,618 do.... '56.181 '62.641 5,675 27,436 21,185 6.251 5473 29,307 24,460 4.848 5603 28,699 24,723 3.976 5119 29,248 23,865 5.383 5625 28,186 23,230 4.956 5,510 29,708 24,226 5.482 134 892 '329 505 '291,959 '133,322 '142,790 '828,235 r 184,593 184,800 6,908 25,422 !3 066 13284 r 6,781 r 25,236 r 9,606 43 528 82,166 17,031 65,135 77,804 10 170 5,107 3,944 9282 15984 10370 15780 3432 81,201 16,605 64,596 79,956 10032 5 124 4,036 9262 17472 11873 15429 3966 79,967 16,644 63,323 79,764 r78,108 r 9378 9 153 r 4,949 4,419 r 3,698 3,857 r 9270 8862 17605 15 391 11,650 11 506 16071 17 867 r 4,657 6626 r 79,705 79,094 16,720 16.509 62,985 r62,585 79,175 16,417 62,758 12353 28 945 27503 14,284 11,944 75,034 12221 29 282 25302 13,408 12,273 75,958 11578 28 655 23225 12,490 11,571 71,486 11556 28 547 26956 11,171 11,698 69,995 10989 11 177 28493 rr28 840 25*647 27 659 11,805 10,513 11,033 10,778 71,502 r68,235 11 565 29 796 27357 11,386 10,921 67,568 5252 30,459 24,700 5.759 5388 29,580 23,026 6.554 4810 24,826 20,996 3.830 4873 28,663 23,813 4.856 4836 28,552 22,518 6.034 r 4902 r 29,280 r 21,974 r 4789 29,816 21,511 8.305 86,278 11422 6,022 4,348 10054 17498 12487 18627 5617 7.306 79,418 8 582 3944 3,875 9456 15 429 11325 18947 6873 Mar. S-5 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 Annual 1982 1981 1981 Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SALES, INVENTORIES, AND ORDERS t— Continued Unfilled orders, end of year or month (unadjusted), total t mil $ Durable goods industries, total do.... Nondur. goods ind. with unfilled orders $ do.... 317 661 306,995 10,666 317 931 325 192 326 943 328 847 328 411 326 446 326 866 325 133 323 853 321 651 318 635 317931 rr322 284 321,991 1,975 312,256 307 918 314017 315 727 317 342 316,736 314 968 315,502 313,812 312 779 310,908 308,436 307,918 31 9,735 10,013 11,175 11,216 11,505 11,675 11,478 11,364 11,321 11,074 10,743 10,199 10,013 r!0,309 319 729 319 865 322 045 323 602 324 694 326 508 325 918 328 206 328 757 328 613 323 538 321 478 319 865 r320 091 319015 308 815 30248 17,439 9,008 30,189 74396 47,225 113 043 88,371 10913 309611 310 926 312 598 313 450 314 954 314 477 316 853 317 369 317 460 312 681 310 995 309611 r309 863 309 341 26599 28536 28955 29095 29080 28595 29090 28708 28521 27627 27024 26599 r25 210 23955 13,970 15977 16524 16926 17 161 17028 16897 17,105 17,075 17168 16565 16,171 15,977 14,989 6,978 8,599 7,522 7,392 r7,053 7,392 8499 8557 8,572 8,712 8,425 8,344 8,062 7,638 r 28,746 30 127 30 134 29,964 29,975 30,362 30,620 30,091 29,856 29,150 28,917 28,746 r28,423 28,382 74713 74781 74602 75270 75580 75578 74885 75297 75440 74499 74526 74713 73 738 71857 51 563 48*112 48494 49082 49207 50124 50466 50707 51526 50634 51072 51563 r52002 52,054 113927 115 223 116 198 115 934 116900 115 515 117 456 118 405 118073 116 657 115283 113927 116 546 118 950 90,435 89,993 91,299 90,249 91,319 90,504 92,166 92,449 93,126 92,010 91,187 90,435 r92,689 95,200 9674 10254 11 119 11005 11244 11554 11441 11353 11388 11 153 10857 10483 10254 10 228 do .. do.... do.... do.... 3,988 186,876 17,587 111,277 3977 4320 4 163 4664 4782 4609 4854 4922 4902 4921 4517 4 163 r4 145 4462 190,237 190,058 191,324 191,739 191,990 190,926 192,756 194,278 193,108 191,219 190,510 190,237 193,293 194,459 16,791 17,355 17,409 17,195 17,137 17,607 17,752 17,407 17,371 17,017 17,151 16,791 16,237 15,955 108 674 110 170 110206 110978 112772 112531 112 645 112 170 113213 110785 108 497 108 674 106 416 104 624 do do.... do do 2954 216 028 147 673 68355 r 2892 3628 3511 3728 3735 3348 3093 3007 3007 3447 3684 3732 3708 3028 221 617 219 174 220 323 221 248 222 518 222 984 223 533 225 006 225 758 222 716 222 442 221 617 r223 879 225 137 140 737 147 463 147 924 148 838 148 666 147 288 147 581 147 712 146 126 143 589 142 969 140 737 139 137 420 919 80880 71 711 72398 72410 73852 74696 75952 77294 79632 79' 127 79473 80880 r83 960 87717 New incorporations (50 States and Dist. Col.): Unadjusted numberSeasonally adjusted do.... 533,520 580,867 Unfilled orders, end of year or month (seasonally adjusted) total t mil $ By industry group: Durable goods industries total $ do Primary metals do . Blast furnaces, steel mills do.... Nonferrous and other primary met do.... Fabricated metal products Machinery, except electrical . . Electrical machinery Transportation equipment Aircraft, missiles, and parts . do.... do do.... do do.... Nondur goods ind with unfilled orders $ do By market category: t Home goods, apparel, consumer staples Equip, and defense prod., incl. auto Construction materials and supplies Other materials and supplies Supplementary series: Household durables Capital goods industries Nondefense Defense BUSINESS INCORPORATIONS @ 42,935 47662 51,278 47927 52,032 49574 48,115 48907 51,729 48489 52,566 50433 45,762 47483 48,305 48792 49,002 47947 43,533 49413 48,650 47556 649 595 662 594 463 436 440 1369 704 820 885 270 627 558 622 549 430 430 474 1409 699 820 877 265 609 521 600 490 393 427 464 1452 701 844 873 264 594 516 607 526 382 436 477 1404 675 856 823 255 593 524 621 507 373 442 561 1422 664 856 794 266 584 528 728 432 381 434 547 1469 641 856 756 253 INDUSTRIAL AND COMMERCIAL FAILURES @ Failures total Commercial service . . . . Construction Manufacturing and mining Retail trade Wholesale trade . . Liabilities (current), total Commercial service Construction Manufacturing and mining Retail trade Wholesale trade number do do . . do.... do.... do.... thous. $.. do do.... do.... do.... do Failure annual rate (seasonally adjusted) No. per 10,000 concerns.. 11742 1594 2355 1,599 4,910 1284 4 635 080 413 502 752,109 1 885 017 993,539 590 913 1 464 1408 1 133 1212 1557 153 217 211 209 'l73 228 228 327 335 298 180 156 225 180 181 494 505 592 594 625 102 126 146 126 163 789 205 485 335 536 877 428 199 408 543 34309 40629 65 913 60998 84435 54,401 51^853 58,801 63J22 53,597 522 110 219 521 188 987 113 187 97692 88,002 87,064 165,283 109,416 138,900 90383 86268 57893 80876 33919 M2.1 47.8 47.6 61.8 62.0 60.8 COMMODITY PRICES PRICES RECEIVED AND PAID BY FARMERS H 648 615 650 612 494 471 470 1,304 680 826 845 254 650 597 597 601 478 439 475 1304 704 820 890 261 r 604 513 650 390 387 411 532 1 478 698 838 867 268 Prices received, all farm products 1910-14=100.. Crops # do Commercial vegetables do.... Cotton . . ... do Feed grains and hay do.... Food grains do Fruit do Tobacco do.... Livestock and products # .. .. . . do Dairy products do Meat animals do.... Poultry and eggs do 614 539 562 583 417 452 465 1,219 691 798 878 255 Prices paid: Production items do All commodities and services, interest, taxes, and wage rates (parity index) 1910-14=100.. 799 854 847 854 863 863 866 859 858 859 850 849 840 856 858 866 do. . 950 65 1,031 61 1,017 65 1,024 64 1,031 63 1,033 63 1,037 63 1,035 63 1,038 60 1,040 59 1,037 57 1,037 57 1,031 57 1,058 57 1,060 57 1,067 57 ALL ITEMS, WAGE EARNERS AND CLERICAL WORKERS, REVISED (CPI-W) 1967 = 100.. 247.0 272.3 263.5 265.2 266.8 269.1 271.4 274.6 276.5 279.1 279.7 280.4 281.1 282.1 282.9 282.5 2468 2724 2632 265 1 2668 2690 2713 2744 2765 2793 2799 2807 2815 2825 283.4 283 1 2355 2440 245.5 2585 2706 270.9 2512 2604 261.9 2533 2623 263.7 2549 2642 265.4 2562 2670 267.6 2578 2695 269.9 2599 2727 273.0 261 4 2749 274.9 2635 2782 277.8 2645 279.0 278.3 2654 280 1 279.0 2660 2808 279.6 2674 2814 280.6 2683 282.1 281.5 2685 2817 280.9 Parity ratio § 631 579 673 565 446 456 477 1,360 685 841 842 265 658 623 795 598 491 492 456 1296 693 856 845 275 653 629 834 607 490 486 450 1297 677 844 822 270 652 618 664 614 488 486 456 1300 687 832 851 264 601 545 892 421 400 432 519 1 478 659 850 791 259 608 r 534 r 789 r 409 r r 425 r 391 547 1 478 r 685 r 844 r 841 264 CONSUMER PRICES (U.S. Department of Labor Indexes) Not Seasonally Adjusted ALL ITEMS, ALL URBAN CONSUMERS (CPI-U) 1967-100.. Special group indexes: All items less shelter do All items less food do.... All items less medical care do.... See footnotes at end of tables. SURVEY OF CURRENT BUSINESS S-6 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1981 Annual April 1982 Feb. Mar. Apr. May June July 1982 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. COMMODITY PRICES—Continued CONSUMER PRICES—Continued (U.S. Department of Labor Indexes)— Continued Not Seasonally Adjusted All items (CPI-U)—Continued Commodities 1967—100.. Nondurables do.... Nondurables less food do.... Durables do.... Commodities less food do Services do Services less rent do. . Food # do. . Food at home do.... Housing do.. . Shelter # do.... Rent residential do Homeownership do.... Fuel and utilities $ do Fuel oil, coal, and bottled gas do.... Gas (piped) and electricity do.... Household furnishings and operation do Apparel and upkeep do.... Transportation . do Private do .. New cars do.... Used cars do public ... do.. Medical care do.... Seasonally Adjusted All items, percent change from previous month Commodities 1967 — 100 Commodities less food . . . do.... Food do Food at home do Apparel and upkeep . do Transportation do Private do... New cars do Services do.... PRODUCER PRICES § (U.S. Department of Labor Indexes) Not Seasonally Adjusted All commodities . 1967—100 By stage of processing: t Crude materials for further processing do.... Intermediate materials supplies etc do Finished goods $ . . . . . . do Finished consumer goods do. . Capital equipment do.... By durability of product: Durable goods . . do . Nondurable goods .... do Total manufactures do.... Durable manufactures do Nondurable manufactures do.... Farm prod., processed foods and feeds do.. . Farm products do Foods and feeds processed do Industrial commodities do . Chemicals and allied products do... Fuels and related prod and power do. . Furniture and household durables do Hides skins and leather products do.... Lumber and wood products . do Machinery and equipment do.... Metals and metal products . do Nonmetallic mineral products do.... Pulp paper and allied products do Rubber and plastics products do.... Textile products and apparel do.. . Transportation equipment # Dec 1968—100 Motor vehicles and equip 1967 — 100.. Seasonally Adjusted t Finished goods, percent change from previous month By stage of processing: t Crude materials for further processing 1967—100 Intermediate materials, supplies, etc do ... Finished goods # do Finished consumer goods do .. Food do Finished goods exc foods do Durable do.. . Nondurable do.... Capital equipment do PURCHASING POWER OF THE DOLLAR As measured by: Producer prices 1967= $1.00.. Consumer prices do.... See footnotes at end of tables. 233.9 245.0 235.2 2104 2220 2703 285.1 2546 251.5 263.3 281.7 1916 314.0 2786 556.0 301.8 2054 178.4 2497 249.2 179.3 208 1 2516 265.9 253.6 266.3 257.5 2271 2412 3057 324.3 274.6 269.9 293.5 314.7 2082 352.7 319.2 675.9 345.9 221.3 186.9 280.0 277.5 190.2 2569 312.0 294.5 2688 248.3 262.3 253.2 220.3 2354 2901 3069 2708 267.3 280.9 300.5 2019 335.8 3045 675.6 322.9 214.9 182.0 270.9 269.4 184.8 2343 288.1 282.6 249.8 265.2 257.5 219.8 2370 2925 309.5 272.2 268.6 282.6 301.6 203.0 336.8 308.4 693.4 326.7 2169 185.1 273.5 271.7 182.9 235.4 293.9 284.7 250.8 265.9 258.1 221.1 2380 295.4 312.8 272.9 268.7 284.8 303.8 2042 339.3 3105 690.6 330.6 2192 186.4 275.3 273.4 186.1 239 1 297.2 287.0 251.9 265.8 258.2 223.9 2396 2996 317.4 272.5 267.7 288.5 308.4 205.9 345.0 314.9 685.8 339.6 220.1 186.4 2778 276.0 190.9 2452 297.7 289.0 1.0 2490 236.3 2710 2673 1840 272.6 271.3 1839 290.7 0.6 250.1 237.5 2717 268.0 1849 2753 273.8 1831 293.0 0.4 250.1 237.3 2723 267.9 185.7 274.5 272.8 186 1 296.0 251 1 238.5 2726 268.0 185,8 275.8 274.1 1899 299.9 2876 290.3 2934 294.1 0.8 253.2 266.2 258.0 226.6 241 1 303.5 321.9 273.6 268.7 292.2 312.6 206.8 350.4 320.2 682.0 350.2 221.1 185.8 279.9 277.9 192.2 252.9 303.9 291.5 255.0 267.1 257.5 229.6 2426 3088 328.1 276.2 271.6 297.0 318.5 207.8 358.0 325.1 677.9 357.6 222.4 184.7 282.6 279.6 192.5 260.3 323.1 295.6 256.2 268.1 258.4 230.9 2438 3122 331.7 277.4 272.8 299.7 322.0 210,3 361.8 327.8 674.6 360.8 2229 187.4 283.7 280.5 191.9 266.9 326.5 299.3 257.7 269.5 260.3 232.6 2455 317.3 337.5 278.0 273.2 303.7 326.9 211.9 367.8 331.1 673.4 364.5 224.5 190.7 285.2 281.9 191.3 272.8 329.1 301.7 257.9 269.5 260.7 232.9 2459 318.6 338.7 277.6 272.1 303.5 326.6 213.6 366.7 330.1 672.7 360.6 225.6 191.5 287.2 283.9 192.5 278.2 330.8 304.8 2580 269.5 261.1 233.2 2462 320.6 340.8 277.1 271.0 304.2 327.2 215.0 367.2 329.8 676.1 358.3 227.2 191.3 289.1 285.8 195.3 281.4 333.2 308.2 258.4 269.8 261.1 233.7 2465 3218 342.0 277.8 271.7 305.2 328.0 216.5 367.8 331.8 682.5 359.9 227.7 190.5 289.8 286.5 197.0 281.9 333.8 310.2 258.8 270.8 260.2 233.4 2459 323.9 344.2 281.0 275.3 306.1 328.3 217.8 367.5 336.2 686.0 367.4 228.4 187.3 289.9 286.6 197.4 280.5 334.9 313.4 259,5 271.7 260.1 233.7 2460 325.3 345.7 283.3 278.0 307.3 329.5 218.6 368.7 3371 683.1 368.7 2302 188.0 288.0 284.5 195.5 279.7 336.8 316.2 258.8 270.7 258.4 233.5 2452 3255 345.7 283.0 277.1 306.7 327.6 219.6 365.7 339.3 664.0 375.9 231.6 191.1 285.1 281.3 194.4 280.9 336.7 318.8 252.1 239.7 2732 268.2 186.1 276.9 274.9 1920 303.3 0.7 1.1 254.0 241.6 2750 269.9 187.1 279.7 276.6 192.8 308.6 0.8 255.4 243.0 2765 271.3 188.4 281.4 278.3 1928 312.2 1.1 257.3 244.9 2783 273.3 189.0 284.6 281.5 193.7 316.9 0.4 258.3 245.9 279.0 273.5 189.5 288.2 285.1 1940 318.4 0.5 258.8 246.5 2793 273.3 189.3 290.8 287.8 1946 321.4 0.4 259.6 247.5 279.5 273.1 189.4 292.5 289.6 196.1 322.9 0.3 259.9 247.2 2815 275.9 189.3 291.9 288.7 196.0 324.4 0.2 260.4 247.2 2832 278.1 190.1 289.9 286.5 1945 325.6 -0.3 259.1 245.9 282.2 276.4 190.9 287.1 283.4 1946 325.7 294.8 296.2 296.4 295.7 296.1 2955 295.9 298.2 2985 297.9 313.9 3090 318.2 3113 2774 277.7 276.1 321.5 3113 2774 278.1 274.8 319.9 3109 276.9 277.2 275.7 277.4 314.7 291.8 277.8 306.8 246.2 242.1 247.4 311.7 293.4 705.8 202.7 264.5 285.7 273.5 305.1 315.1 283.9 239.5 203.7 2483 2504 277.3 315.3 291.9 277.7 307.2 248.5 247 1 248.3 311.4 294.5 697.6 2039 263.3 285.4 274.9 305.0 318.4 285.4 241.0 204.2 2447 2461 277.3 314.2 291.4 277.8 305.8 247.5 244.6 248.1 311.0 294.6 690.1 204.7 262.7 285.4 275.7 303.6 319.7 286.3 241.8 205.0 2449 2464 r 304.6 2803 2470 248.9 239.8 336.5 2983 2633 265.0 256.7 334.2 3020 2660 268.2 258.1 336.3 3058 268.5 270.6 260.8 334.4 3067 2699 271.5 262.5 335.4 3072 270.5 272.3 263.8 337.3 3085 271.8 273.5 265.4 333.0 310 1 2715 273.0 265.8 327.4 3097 271.5 273.1 265.3 319.9 3094 274.3 275.1 271.5 273.0 311.6 3096 275.3 275.6 274.1 251.5 2824 261.5 2508 273.0 2447 2494 2412 2748 260.3 5740 1877 248.9 2889 239.8 2864 283.0 2492 217.4 1835 2070 2088 263.8 3068 279.3 2634 296.4 255.1 2624 250.2 295.7 277.6 667.5 1952 257.7 2947 255.3 294.0 297.9 2672 226.4 1939 2291 2309 264.9 3109 282.3 2644 301.7 253.5 2607 248.5 299.6 280.4 696.5 1958 261.2 2944 257.5 296.4 300.9 2690 228.4 195.2 228 1 229.5 267.8 314.2 285.3 267.2 304.9 253.8 2633 247.6 3035 286.0 707.2 1964 263.5 2994 259.6 298.8 310.8 2714 230.8 197.6 2319 2339 268.6 314.8 286.2 2682 305.7 252.9 2596 248.2 304.7 288.6 709.0 1974 263.7 2984 260.7 2991 312.0 272 1 231.8 1992 2336 2360 269.1 315.7 286.9 268.9 306.4 254.3 2607 249.9 305.1 290.5 707.6 197.3 261.6 298.1 262.1 298.4 313.6 272.9 233.4 200.1 2343 236.7 270.8 316.8 288.0 2706 306.9 256.8 2633 252.2 306.2 291.3 704.9 1995 261.1 296.5 264.8 302.0 314.3 274.9 232.1 201.3 2350 2374 271.9 316.2 288.6 271.7 306.9 254.2 2579 251.2 307.2 293.3 704.3 1996 261.3 2945 266.2 304 1 314.1 275.9 234.1 202.4 2359 238.4 271.8 315.0 288.3 271.7 306.3 250.3 251 1 248.9 307.4 293.3 703.5 201.0 261.7 289.3 268.1 304.9 313.2 277.8 235.7 202.9 2318 2328 275.0 rr275.4 312.8 311.4 289.8 rr289.7 275.1 r275.8 305.5 304.5 246.0 r242.5 243 1 r 2374 246.6 244.3 309.0 r309.3 292.4 rr292.0 698.1 698.1 201.3 r202 1 260.0 rr259.8 284.3 282.1 269.3 '270.4 305.3 r304.2 r 313.7 313.3 279.2 rr280.4 237.3 ' r238.0 204.0 r203.6 2445 2463 247.8 r2489 275.9 311.6 290.0 276.3 304.5 241.2 234.5 244.0 310.1 292.7 702.7 202.2 262.7 285.2 271.6 303.6 313.6 280.7 239.0 203.1 2467 249.2 0.8 1.1 0.9 0.2 0.6 0.4 0.3 0.2 0.405 0.406 0.367 r 2747 r 275.2 r r 0.6 332 1 298.4 2628 264.6 2504 2683 2142 308.7 2560 3284 301.5 2667 267.8 2523 2721 214.4 315.1 2579 3332 304.1 2682 270.4 2527 2755 216.2 319.8 2602 3337 305.7 2688 2706 2533 2756 2177 318.8 2620 336.9 306.9 2703 272.0 2545 277 1 218.9 320.4 264 1 3376 308.1 2713 272.9 2566 2774 218.5 321.2 2656 3344 309.7 2721 2733 2568 2779 2196 321.5 2674 328.4 309.8 272.6 273.9 2555 2793 219.5 323.9 2678 3227 309.7 2742 275.2 2550 281 4 222.5 325.3 2705 0.380 0.380 0.376 0.377 0.372 0.375 0.371 0.372 0.370 0.369 0.368 0.364 0.368 0.362 0.368 0.358 0.365 0.357 r 0.2 0.4 -01 -0.1 318 1 310.6 r 2755 r 276.3 2532 2834 r 224.5 r 328.0 272.5 313.8 311.3 276 1 276.6 253 1 2842 2243 328.9 274 1 3192 312.4 2773 277.9 2559 2848 224.0 330.1 2752 3173 311.4 2769 2777 257 1 2840 222.6 329.6 274 1 3146 310.4 2765 2768 2567 2830 2239 327.0 2755 0.364 0.356 0.363 0.355 0.360 0.354 0.360 0.353 0.361 0.353 0.5 r S-7 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 1980 Feb. Annual 1982 1981 Mar. Apr. May June July Aug. Oct. Sept. Nov. Dec. Jan. Feb. Mar. CONSTRUCTION AND REAL ESTATE CONSTRUCTION PUT IN PLACE 230 273 r 237 037 16184 18020 19254 19978 21297 21498 21407 21834 15 445 14929 do do . do.... 174 897 87261 63,139 183 501 r 85 806 r 61 989 12689 6178 4668 14 182 6924 5242 15088 7584 5524 15565 7883 5613 16355 8001 5810 16440 7814 5694 16409 7610 5,541 16363 16 349 15 638 15 234 12 438 7359 r7 106 '6698 '6025 '5165 '3,423 5,384 5,031 4,609 '3,953 11960 4754 3,175 Nonresidential buildings, except farm and public utilities, total # mil. $.. Industrial ..' do Commercial do. . Public utilities: Telephone and telegraph do.... 52,434 13837 29945 59,747 16883 33489 4042 1063 2283 4450 1252 2457 4,614 1239 2609 4716 1283 2698 5073 1370 2875 5333 1492 3*028 5,511 1621 3065 New construction (unadjusted) total mil $ Private total # Residential New housing units r 21 307 '20 174 19200 5,527 1651 3031 5,635 1684 3087 5,498 1611 3067 5,237 1525 2969 4,542 1226 '2619 4,512 1203 2592 7,039 455 588 557 566 611 590 602 645 696 626 647 465 do 55376 r 53 536 3496 3839 4 166 4 414 4 941 5058 4998 5470 r 4958 '4536 3966 '3008 2969 Buildings (excluding military) # Housing and redevelopment . Industrial do.... do do 18864 1648 1788 18,452 1746 2083 1361 1508 1,493 1,507 1,553 1601 1,615 1,745 1,500 1,573 '142 1,498 '146 1,217 1,247 Military facilities Highways and streets do. .. do.... 1880 13,785 1943 13,162 Public total # . 6,733 New construction (seasonally adjusted at annual rates) total bil $ Private total # do Residential do New housing units . do Nonresidential buildings, except farm and public utilities total $ bil $ Industrial ... . do Commercial do. Public utilities: Telephone and telegraph do Public total # do do do.... Military facilities Highways and streets do. . do 159 170 168 880 1,061 2545 2503 2465 1932 1896 1899 997 96 3 75 1 730 584 151 334 58 3 146 183 180 150 157 145 1465 1530 2359 2340 184 1 181 8 952 729 897 677 58 1 162 324 158 191 181 154 333 155 334 568 155 324 71 69 566 186 20 20' 70 518 179 19 22 155 187 182 129 230 163 124 112 151 1,469 1563 1414 2339 2298 2309 '2304 182 3 1806 1786 1792 860 643 82 9 805 '783 58 1 785 559 58 4 605 172 340 61 4 61 2 68 12868 605 183 337 183 334 3703 10675 3236 10113 3407 11512 3292 10360 3336 8953 3965 8903 5345 5929 2630 5272 6569 2537 5050 5887 2413 5560 5904 3454 5572 5853 2227 5270 4894 2*126 7,232 3649 10255 '3928 4 167 '2092 '783 '513 764 507 627 177 639 172 647 '359 '368 509 62 1 12328 99 14378 '798 '51 1 16 '19 115 12289 13904 r 2956 r 1793 '782 74 524 189 16 22 19 125 99 10 187 21 2304 '181 1 72 13651 150 189 21 21 '2327 1828 '51 1 14919 124 174 15 '2358 '1806 71 13350 21 15 1 17 51 6 '2330 '166 1 121 522 185 14 24 18 125 13 2 162 65 522 176 18 20 23 61 2 '431 110 149 145 446 184 345 13 3 606 204 19 20 528 17 1 14 112 119 163 204 163 748 159 186 330 67 493 175 18 18 16 122 73 613 197 19 19 22 178 do Buildings (excluding military) $ Housing and redevelopment Industrial 147 178 135 653 140 135 170 594 17 1 375 74 73 53 1 '51 6 51 1 189 17 26 19 167 17 15 18 1 15 21 21 11 6 126 19 134 9722 11577 8881 112 10580 92 116 97 3541 8787 2406 7316 2862 8715 2673 7907 2998 5883 5 125 4 844 2*898 5287 4872 2*169 4380 3 737 1605 4445 3739 3393 3458 3008 4 113 3606 3 143 2 132 CONSTRUCTION CONTRACTS Construction contracts in 50 States (F.W. Dodge Division, McGraw-Hill): Valuation, total mil $ Index (mo. data seas, adj.) 1977 — 100.. Public ownership Private ownership By type of building: Nonresidential Residential Non-building construction New construction planning (Engineering News-Record) § 148 393 106 107 112 117 123 102 109 100 101 mil $. do.... 41717 106,676 39070 111,120 do do do 52492 63668 32234 58250 60063 31877 do.... 149,143 166,366 12,449 11,212 15,545 14,093 11,684 12,897 11,890 11,999 16,597 15,492 17,516 13,920 12,102 10,844 thous.. do do.. . 1,312.6 12922 8522 1,100.3 10842 7054 72.5 719 108.9 1078 124.0 1230 110.6 1099 107.0 1058 101.0 999 87.3 863 90.9 84 1 88.1 872 499 64.9 646 40 1 59.7 59 1 341 '47.6 '472 '293 51.7 '510 '325 80.0 795 480 1294 1318 863 1301 *868 1 172 1046 1040 696 946 614 899 623 854 507 860 554 882 550 '885 '592 '924 '559 947 606 870 468 r HOUSING STARTS AND PERMITS New housing units started: Unadjusted: Total (private and public) Privately owned One-family structures Seasonally adjusted at annual rates: Total privately owned One-family structures • do do New private housing units authorized by building permits (16,000 permit-issuing places): Monthly data are seas. adj. at annual rates: Total thous One-family structures do Manufacturers' shipments of mobile homes Unadjusted . . . . Seasonally adjusted at annual rates thous do.... 835 705 836 738 776 725 705 695 570 583 980 1 165 677 1 153 1 186 1 167 561 654 963 567 913 528 865 494 850 453 722 398 723 401 789 454 832 462 '795 '433 2216 2407 174 254 216 255 24 1 265 229 262 231 256 21 8 267 224 238 215 232 202 208 15 7 207 142 206 139 211 17 2 1560 1563 1 191 710 r 678 689 506 251 CONSTRUCTION COST INDEXES Dept. of Commerce composite 1977—100 1433 152 1 1497 1521 151 1 1506 150 2 152 2 1530 1545 154 1 '153 6 1550 American Appraisal Co., The: Average, 30 cities Atlanta New York San Francisco St. Louis 1913=100.. do.... do do do. . 2,495 2660 2553 2671 2343 2,643 2841 2645 2873 2453 2,581 2781 2639 2821 2357 2,576 2788 2629 2834 2346 2600 2807 2644 2 855 2361 2,635 2805 2640 2 855 2485 2655 2784 2631 2821 2476 2678 2894 2653 2915 2467 2,679 2896 2668 2909 2*505 2,676 2898 2658 2893 2*494 2678 2892 2655 2896 2491 2678 2878 2646 2918 2523 2,700 2893 2659 2934 2535 Boeckh indexes: Average, 20 cities: Apartments, hotels, office buildings 1977—100.. Commercial and factory buildings. ... do Residences do.... 125.1 1277 128.9 137.4 140 1 136.0 Engineering News-Record: Building Construction . 1967= 100.. do 287.7 3014 310.3 3289 Federal Highway Adm. — Highway construction: Comoosite (ave. for vear or atr.) 1977=100.. 163.0 156.7 See footnotes at end of tables. 132.6 1353 1313 298.4 3140 298.0 3150 160.0 139.7 141 9 1383 135.4 138 1 1344 305.5 3214 307.3 3233 308.3 3268 152.4 312.1 3316 142.1 1453 1404 313.5 3328 316.6 336 1 157.3 143.2 1459 1416 319.1 3419 323.6 3454 144.1 1463 142.1 323.3 3449 156.8 324.7 3468 325.7 3478 2 324.8 2 3472 S-8 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1981 Annual April 1982 Feb. Mar. Apr. May June July 1982 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. CONSTRUCTION AND REAL ESTATE—Continued REAL ESTATE U Mortgage applications for new home construction: FHA net applications thous units Seasonally adjusted annual rates do.... Requests for VA appraisals Seasonally adjusted annual rates do.... do.... 141.4 92.3 202.2 153.8 13.0 144 17.3 192 8.3 121 14.9 196 11.3 120 18.2 192 8.8 88 15.4 180 7.4 84 14.2 156 6.2 65 13.8 150 7.2 84 11.9 135 5.4 58 8.5 99 4.5 50 9.0 100 4.6 61 8.7 123 8.2 126 9.1 141 7.5 136 9.3 142 8.6 126 9.1 119 9.8 104 11.1 118 Home mortgages insured or guaranteed by: Fed Hous Adm ' Face amount mil $ 16,458.53 10,278.14 Vet. Adm.: Face amount § do.... 13,855.54 7,905.93 849.36 745.20 983.70 1,121.55 706.41 769.70 983.42 583.44 978.02 875.83 793.47 644.07 622.98 1,014.78 696.21 660.19 654.28 485.73 727.94 464.19 59331 357.69 443.87 327.39 606.52 393.60 585.12 421.78 Federal Home Loan Banks, outstanding advances to member institutions, end of period mil. $.. 48,206 49,175 53,148 56,095 59,475 62,471 64,662 64,409 65,194 65,099 65,089 66,162 48,963 New mortgage loans of all savings and loan associations, estimated total mil. $.. By purpose of loan: Home construction do Home purchase do.... All other purposes do.... 65,194 51,530 64,347 72,537 53,283 3,679 4,927 5,537 5,734 6,052 4,987 4,055 3,865 3,465 2,934 3,760 14946 42,957 14.634 11599 28,299 13.385 889 1,967 823 1,226 2,540 1.161 1367 2,828 1.342 1248 3,130 1.356 1 187 3,435 1.430 1003 2,771 1,213 772 2,323 960 803 1,970 1.092 650 1,838 977 600 1,498 836 824 1,682 1,254 1966 6.4 176 36 21.4 176 15.0 99 43 14 255 734 2109 12.9 174 48 22.3 158 14.3 95 40 19 275 80.7 284.8 21.1 147 72 30.9 184 393.3 16.5 384 5.4 31.1 342 275.3 11.6 21 1 3.8 23.5 203 18.1 146 59 32 256 1251 330.5 15.4 293 5.4 28.2 237 24.8 21.1 7.9 36 236 146.8 33.7 23.5 8.3 35 28.4 170.3 37.9 13.0 4.7 17 25.2 112.7 856.7 24.7 207.8 455 129.4 449.4 936.7 19.6 201.3 31 1 137.1 547.5 100,820 r 43,253 55 822 r57 567 r 95,938 r 40,333 r r 2,628 2,636 r 495 r l,204 r 929 555 1,185 896 795.0 13.2 149.1 31 7 91.7 509.4 738.3 21.6 208.4 426 120.6 345.0 729.6 22.5 197.3 260 119.1 364.7 r 98,565 r 41,012 r r 87,340 r 35,404 r 88,293 36,551 51742 DOMESTIC TRADE ADVERTISING Magazine advertising (Publishers Information Bureau): Cost total mil $ Apparel and accessories do Automotive incl accessories do Building materials do Drugs and toiletries . . . do Foods soft drinks confectionery do 2846 1 1117 2295 483 2842 2116 2257 62 240 32 249 179 2680 121 257 32 274 184 2883 144 272 48 316 194 2979 11.1 310 74 313 175 238.9 1388 708 298 2897 1 1980 14.4 78 38 19 248 968 17.8 116 58 21 300 1139 19.6 148 60 30 298 1178 19.0 184 72 34 248 1268 267 1 7.4 290 53 27.4 195 25.7 123 54 20 285 104.5 9,575.4 225.6 25149 3872 1,380.0 50678 703.8 19.4 1992 246 113.3 3474 840.3 22.5 2350 312 136.2 415.4 816.6 18.4 2156 309 126.5 425.2 884.5 21.3 240.2 260 134.9 462.1 772.2 15.7 217.1 280 114.0 397.4 707.3 15.8 208.8 297 94.1 358.9 811.7 21.3 238.8 352 92.8 423.6 779.3 17.4 204.3 394 109.4 408.8 1,174,072 mil. $.. 1,055,168 do.... rr448,040 499,970 607 128 674 102 do r 90,867 r 38,080 r 102,728 100,535 r 43,156 r43,155 52 787 r59 572 r57 380 r 98,116 r 41,850 r 100,159 r 44,359 56 266 r55 800 r 97,562 r 42,626 r r 95,143 r 42,523 r r 98,548 r 42,726 T Beer wine liquors Houshold equip supplies furnishings Industrial materials do. .. do do Smoking materials All other do do Newspaper advertising expenditures (Media Records Inc.): Total mil. $ . Automotive do.... Classified do General Retail do.... do r 8r 185.9 !82.4 2r 195 6 2973 1,121.7 r 4 388 9 r WHOLESALE TRADE J Merchant wholesalers sales (unadj.), total Durable goods establishments Nondurable goods establishments Merchant wholesalers inventories, book value, 655 end of year or month (unadj ) total mil $ 104 Durable goods establishments do.... r65,825 Nondurable goods establishments do.... r38,830 RETAIL TRADE Automotive dealers Motor vehicle dealers do.... do Furniture home furn. and equip. # ... do. .. Furniture, home furnishings stores do.... Household appliance, radio. TV do.... See footnotes at end of tables. 52 620 55 605 57 553 51 936 225 108,655 111,015 111,163 111,331 110,630 390 107 057 105 584 105 171 106 021 104 675 105 722 107 111 163 106 r r 71,411 rr71,008 rr72,450 '72,345 '71,575 72,181 68,735 '70,199 '70,870 r69,825 '70,590 72,345 rr67,323 '68,264 r r 38,818 39,067 r38,793 '36,849 -•34,972 '35,151 '34,850 35,132 35,814 37,647 38,565 '38,818 '39,756 38,449 All retail stores: t Estimated sales (unadj ) total 1° mil $ r951 902 1 038 790 r Durable goods stores # do 296 594 326 596 Building materials, hardware, garden supply, r 53 164 and mobile home dealers mil $ 49 616 180,722 Automotive dealers do.... 162,309 r 43,416 45,701 Furniture, home furn., and equip do.... r 655 308 712 194 Nondurable goods stores do 127,494 General merch. group stores do.... 117,227 r 217 047 237 586 Food stores do Gasoline service stations do.... r93,624 101,665 47,755 Apparel and accessory stores do.... rr44,426 94,070 Eating and drinking places do.... r85,842 30 504 32999 Drug and proprietary stores do 17 083 17 461 Estimated sales (seas adj ) total 1" do Durable goods stores # do Building materials, hardware, garden supply, and mobile home dealers $ mil $ Building materials and supply stores do Hardware stores do.... 54 936 r r r r 86,899 r r r r 85,522 r r r r r r r r r r r r 73 727 23 666 83 971 28 063 85 210 27,501 27,522 87,309 28,985 r 4 192 r4,695 r4,969 r5,174 3485 15,213 16,205 16,746 15,694 13,872 r r 3,785 3,312 '3,670 r3,571 r3,630 r r r r 58,324 '57,709 908 59 377 50 061 55 r r 10,079 9,054 10,033 10,307 7,228 r 20,339 19,693 17 436 18 788 19,346 r r 8,397 r8,636 r8,895 7,530 r8,285 r 2,913 r3,445 Tr 3,957 rr3,724 rr3,623 r 8,253 8,176 7,806 6,668 •7,620 r 2424 r2589 r2,653 r2693 r2,699 ri 04^ 1 297 1 336 1 436 1 422 r 85 201 r86 128 r86,263 r86 361 r87,299 r 27 197 r27,601 r27,166 r27,488 r27,725 r 88,248 28,858 89,046 29,248 r 4,952 r4,824 16,307 16,742 r 3,745 r3,881 r r 59,798 59,390 r 9,600 10,423 r r 20,928 20,121 r 9,069 r8,855 r 3,589 r 4,126 r 8,432 8,500 r 2,710 r2,699 1 506 1 479 r 87,292 r87,961 r 27,759 r28,098 27,626 r 4,704 15,425 '3,838 r 57,896 r 9,905 19,544 r 8,551 '3,920 r 7,989 r 2,601 1 396 r 87,823 r 27,810 88,779 27,165 87,331 106,069 25,750 r 29,140 r 76,647 r r r 21,704 75,840 '86,025 23,406 '27,998 4,662 '4,190 r3,841 r3,058 r3,092 '3,704 14,842 13,444 13,341 12,118 13,821 17,085 r 3,887 '3,987 r4,836 '3,211 '3,194 '3,638 r 61,614 r61,581 r76,929 r54,943 r52,434 '58,027 '7,442 '7,461 '9,585 11,014 12,622 19,888 r r 22,019 19,966 18,593 '20,134 20,723 19,514 '8,664 r8,271 r8,555 r8,110 r7,512 '7,647 r '4,227 '3,302 '3,141 '3,769 4,268 '6,676 r r '7,260 '8,120 8,183 '7,570 7,888 '7,279 r r 2,590 r2,567 '2,816 2,760 r2,725 rr3,837 1284 1458 1438 2 125 1333 r 86,413 r86,733 '86,572 r85,320 r87,574 '87,164 r r 26,354 r 26,436 r 4604 r 3073 r r 4620 r 3082 r r 4578 r r r 4580 r 3045 r r 4487 r 2937 r r 4,377 r 2876 r r 4,313 r 2807 r r 4,152 2712 r 771 r 4,213 r 2758 r r 26,206 r 4,058 r r 25,316 r 4,046 r 2538 r r 26,762 '26,993 r 4,149 '4,017 2690 2586 3 074 3 142 844 786 789 '783 803 794 782 784 796 777 783 792 14,877 15,233 14,877 15,191 15,364 15,451 15,896 15,664 14,506 14,596 14,497 13,677 14,723 15,188 12,083 13,066 13,555 13 188 13,608 13 256 13,595 13,718 13,728 14,148 13,888 12,806 12,866 12,819 1657 1689 1625 1621 1596 1646 1723 1748 1776 1700 1 730 r!678 1594 r r r r r r r r T r r r r '3,758 3,693 3,775 3,776 3,508 3,781 3,734 3,828 3,864 3,817 3,838 3,814 3,833 3826 r r 2,193 2,391 r2,289 '2,270 r2,285 r2,112 2,338 r2,334 r2,353 r2,374 r2,358 r2,275 r2,351 1,200 1,228 1,246 1,137 1,236 1.176 1,202 1,200 1.138 1.164 1.185 1.176 1.161 r 4681 r r S-9 SURVEY OF CURRENT BUSINESS April 1982 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 1982 1981 Feb. Annual Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. DOMESTIC TRADE—Continued RETAIL TRADE— Continued All retail stores t—Continued Estimated sales (seas, adj.) —Continued Nondurable goods stores General merch group stores Department stores Variety stores r mil $ do do.... do Food stores Grocery stores Gasoline service stations 58 004 r58 527 r59 097 r58 873 r59 574 r59 533 r59 863 '60 013 '60 059 '60 297 '60 366 10 367 10 406 10 628 10 523 10*743 10 610 10 743 10 651 10 634 10 751 10 774 r r 8646 r8553 r8764 r8632 r 8746 '8683 '8645 '8721 '8728 8409 r8486 r r r r r r 763 740 '737 •748 752 749 756 756 '732 '740 '738 ('») 19,122 19,366 19,628 19,577 19,798 19 881 r20,131 '20,053 '20 199 '20,393 '20 487 '20,213 '20,389 1'20,407 17 568 17 861 18 097 18 069 18 282 18 337 18614 18 525 18 694 18 867 18 950 18 666 18713 18 729 r 8442 r8463 r8482 r 8442 r8480 T8468 r 8449 '8551 '8511 '8536 '8521 '8628 '8422 '7,771 r r '3,945 '3,964 3,929 '3,947 '4,296 '4,240 3,985 '4,003 4,013 '4,029 '4,035 '3,994 '3,985 '3,984 r r r r r r '627 608 666 650 655 649 '678 '568 652 r r651 656 '672 '630 1 459 1645 1488 1 476 1 479 1 512 1505 1459 1471 1534 l 511 1518 1485 r r r r r r r 709 761 712 720 720 '712 '750 '722 718 729 730 '708 '702 do.... do do.... Apparel and accessory stores # do.... Men's and boys' clothing do.... Women's clothing spec stores furriers do Shoe stores do.... Eating and drinking places Drug and proprietary stores Liquor stores Nondurable goods stores # General merch. group stores Department stores Food stores . . Apparel and accessory stores Firms with 11 or more stores: Estimated sales (unadjusted) total r 7823 2,658 r2,677 1 450 1 441 r lll,104 r 52,991 r 9,197 '24 708 r 8,346 mil $ do do.... r 338 028 r 64,242 r 22,515 16 897 13 825 r 9574 r 372 443 r r 25 023 r 3,606 l 447 '7807 r 2777 r l 449 2,774 1435 '7813 '2797 1459 '7989 '2791 1462 '7999 '2802 1458 '7935 '2801 1463 '7880 '2801 1500 r 58,784 r r 61,292 r61,655 r61,422 r61,953 20,515 r21 977 r22 429 r22 513 r22 899 15215 16 320 16819 16 934 r!7 035 12 718 13 089 13 089 13 020 13012 r 8987 r9362 r9382 r9 198 r9261 '63,331 r 23 456 r !7 370 13 093 '9653 '65,026 '24 383 '18 050 13 138 10 089 '68,033 '26 223 '19 514 '13 446 10 525 '71,806 '28 405 '21 242 13 905 10 978 '73,427 '28 746 '21 730 14 208 11 193 r 24 715 27 216 r 3,846 r 345 227 116,115 127 517 125,629 18,798 r 20 125 17 769 r 28 490 r 1681 r 257 r r 29 968 r 2007 r 297 r r 30 891 r 2r187 334 r r 30 239 r 2297 r 324 r '7973 '2690 1466 '8432 '2818 1497 '8320 '2,894 231 17 231 31 125 693 124 429 '58 835 57864 '9,822 9,652 '27 987 27664 8974 '9074 66565 24764 18504 13*724 10201 30 489 '31 053 '30 017 '32 282 '33 310 '44 821 27395 r r 2326 r 349 '2274 '334 '2230 '322 '2 278 '342 '2404 '321 r 23 034 26 483 27 781 28 594 27 878 28 163 '28 779 '27 787 '30 004 '30 906 r 6,520 r8,279 r9 112 r9388 r r9'210 r r8,711 '9505 '9041 '9*992 11 533 r 9341 10 039 10 272 10 858 !0 421 ll 149 10 708 10 487 11 246 10 488 r 9202 r9897 10 118 10 710 10 276 10 990 10 555 10 340 11 098 10 339 1,038 1,350 1630 1491 1,428 1,378 1,560 1,631 1729 1,678 1424 1654 1652 1759 1724 1808 1804 1641 1 755 1690 1263 1 385 1434 1459 1445 1452 1442 1365 1436 1*477 '3 447 '345 do do.... do do.... 1560 r 672 342 1.435 1562 '668 r 340 1.449 1575 r 682 '344 1.477 1563 r 665 r 349 1.472 1590 r 683 r 350 1.497 1585 r 675 r 351 1.502 1569 '666 '342 1.504 1572 '665 '336 1.493 1 831 275 '41 374 25564 6768 18*270 12 064 10985 11*790 10797 1 195 '2,790 1 705 1 568 1382 '2*254 30r216 r30 468 r30 907 r30r 783 r31 389 r31r270 '31 415 '31 412 '31 187 '31 391 '31 827 r 337 '326 '315 '313 316 r r315 r 317 r '325 r 326 '324 '320 r r 8349 8,224 8,439 8,325 '8,407 8,091 8134 '8,436 '8363 '8,328 '8374 r r r r r r 579 576 582 '589 '571 '578 580 609 584 572 '580 10 068 10 267 10 293 10 358 10 507 10 547 10 738 10 627 10 640 10 725 10 927 (2) 62,666 22200 16635 13532 9344 '66 858 '24 821 18 487 13 702 '9952 2r361 353 r '64,242 '22 515 16 897 13 825 '9574 r . do .. do... do.... do .do Apparel and accessory stores Women's clothing, spec, stores, furriers., Shoe stores Drue stores and oroorietarv stores r 7854 r 2717 1439 l!4 114 125 693 116118 116 148 116 968 118 191 120 010 121 993 123 341 124 376 125 364 125 618 r r 53,747 58,835 r54,355 r53,944 r54,629 r55,560 r56 764 r57 865 '58 545 '58,761 '59 014 '58,907 r r r 9,610 9,822 9,633 r9,798 r9,761 10,064 10,015 r9,946 '9,954 '9,881 '9,895 '9,903 r r 24 488 27 987 r24 655 r23 926 r24 881 r25 439 r26 705 r27 718 '28 149 '28 276 '28 294 '28 091 r r r 8,542 8,707 r8805 r8691 r8775 r8782 r8784 '8780 '8811 '8900 '9068 9,074 r r r 60,367 66 858 61 763 r62 204 r62 339 r62 631 r63 246 r64 128 '64 796 '65 615 '66 350 '66711 r r 21,810 24,821 r22,358 r22,594 r22 623 r22,862 r23 300 r23 702 '24 073 '24,519 '25 188 '25,113 r !6213 18 487 16 647 16 756 16 887 17 122 17 347 17 688 17 960 18 375 18 899 18 798 12,535 13 702 12 991 13011 13 076 13 152 13 143 13 279 13 365 13 568 13 474 13 583 r r r 9,388 9,952 9,581 r9,582 r9,613 r9,463 r 9627 r9,810 '9872 '9,901 '9899 10,030 r Nondurable goods stores $ do 313 005 General merchandise group stores do.... 105,982 115 059 Food stores . do Grocery stores do.... 113,630 Apparel and accessory stores do.... 17,066 Eating places do 18 237 Drug stores and proprietary stores. . .. do.... 16 137 Estimated sales (sea adj ) total # Auto and home supply stores Department stores Variety stores Grocery stores r 7815 r r do.... do.... . do. do.... do.... Durable goods stores Auto and home supply stores r 7759 r 2,713 r 122,236 113,049 116,189 117,386 118,319 119,770 121,401 121,532 124,524 130,334 133,246 122,236 120,174 r 57 994 r54,265 r54 897 r55,731 r56 897 r57 817 r58 070 '56 506 '56 491 '58 528 '59 819 '57 994 57508 r r 9,390 9,652 10,102 10,142 10,346 10 185 r9936 '9894 '9,772 '9776 '9,745 '9390 9,372 T 28 211 r25 025 r24 859 r25 777 r26 711 r27 747 r28 134 '26 094 '25 759 '26 879 '27 838 '28 211 28217 r r r r r 8847 8489 8726 8708 8784 r8826 '8*731 '8833 '8908 '9256 '9349 '8847 8669 r 58,113 19811 r !4 835 r !2 600 r 9,041 do.... do.... do .do. do.... Book value (seas, adj.), total do.... Durable goods stores # do.... Building materials and supply stores .. do.... Automotive dealers do.... Furniture, home furn., and equip do.... Nondurable goods stores # General merch. group stores Department stores Food stores Apparel and accessory stores r 7753 r do. . do.... do Estimated inventories, end of year or month: t Book value (unadjusted), total mil. $.. Durable goods stores # do.... Building materials and supply stores .. do.... Automotive dealers . . do Furniture, home furn., and equip . .. do.... 171 '60 004 '60 812 '60 10 427 10 725 1 10 967 '8672 '8,884 '9,068 714 '707 31575 329 8351 551 10733 1544 '651 '337 1.501 1567 '655 '337 1.503 1591 '655 '366 1.489 1642 681 406 1.475 230 48 23067 230 84 231 01 LABOR FORCE, EMPLOYMENT, AND EARNINGS POPULATION OF THE UNITED STATES Total incl armed forces overseas if mil 3 3 109 042 2 102 106,940 99303 7,637 110 812 109 136 109 762 110035 110713 112035 112881 112259 110438 111 402 111 337 110 738 110173 110492 110936 2 164 2 168 2142 2 121 2 128 2129 2127 2 160 2 165 2 158 2158 2 159 2 175 2 131 2 139 108 670 107 015 107 634 107 906 108 586 109*904 110 742 110099 108*273 109*244 109 179 108 574 108014 108 324 108 761 100 397 98401 99364 100 345 100 855 101 419 102 612 102 152 100 389 101 028 100 502 99562 97831 97946 98471 8,273 8,614 8271 7731 8 130 7,947 8*216 7561 8*485 7*884 8676 9,013 10183 10,378 10,290 227 66 229 80 22898 229 12 229 28 229 44 229 62 229 80 23003 230 26 LABOR FORCE Not Seasonally Adjusted Labor force, total, persons 16 years of age and over Armed forces Civilian labor force total Employed Unemployed thous. do do.... do do.... Seasonally Adjusted H Civilian labor force total Participation rate * Employed, total Employment-population ratio * Agriculture Nonagriculture Unemployed, total Long term, 15 weeks and over See footnotes at end of tables. 371-676 0 - 82 - S2 do percent.. thous.. percentthous do.... 58.5 3364 95,938 do.... do.... 1,871 63.8 108 034 108 364 108 777 109 293 108 434 108 688 108 818 108 494 109 012 109 272 109 184 108 879 109 165 109 346 63.7 63.7 63.5 639 64 1 644 638 636 638 639 638 63.8 638 639 100,069 100,406 100,878 101,045 100,430 100,864 100,840 100,258 100,343 100,172 99,613 99,581 99,590 99,492 57.3 57.2 58.0 57.9 57.5 57.4 58.3 58.4 58.5 58.7 58.8 58.3 58.5 58.4 58.0 3,373 3,349 3404 3378 3372 3209 3411 3346 3343 3470 3405 3348 3342 3358 3368 97,030 96,723 97063 97404 97640 97082 97522 97436 96900 96,965 96,800 96,404 96,170 96,217 96,144 639 2,285 7965 2,322 7958 2,269 7899 2,187 8248 2,231 8004 2,363 7824 2,170 7978 2,217 8236 2,248 8,669 2,292 9 100 2,364 9,571 2,372 9,298 2,399 9,575 2,724 9,854 2,954 SURVEY OF CURRENT BUSINESS S-10 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1982 1981 1981 Feb. Annual April 1982 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued LABOR FORCE—Continued Seasonally Adjusted H Civilian labor force—Continued Unemployed—Continued Rates (unemployed in each group as percent of civilian labor force in the group): All civilian workers Men 20 years and over Women 20 years and over Both sexes 16-19 years 71 5.9 64 178 76 6.3 68 196 74 6.0 66 19 1 7.3 6.0 66 192 73 58 66 190 75 6.3 67 194 7.4 6.1 66 19.2 7.2 5.8 67 18.7 7.3 6.0 6.6 19.0 76 6.2 69 19.7 8.0 6.7 70 20.4 8.3 7.1 72 21.4 8.8 7.9 74 21.5 8.5 7.5 72 21.7 88 7.6 76 22.3 9.0 7.9 79 21.9 White Black and other Married men, spouse present Married women spouse present Women who maintain families 63 131 4.2 58 92 67 14.2 4.3 60 10.4 65 13.2 4.1 58 9.8 64 13.6 4.1 59 9.6 64 132 3.8 59 99 67 13.7 4.0 58 10.4 6.4 14.2 4.2 57 10.7 6.3 13.8 3.9 57 11.2 6.2 14.7 4.0 5.5 10.1 66 14.8 4.4 60 10.7 7.0 15.2 4.8 6.1 10.6 7.4 15.2 5.2 6.5 10.8 7.7 15.7 5.7 6.6 10.5 7.5 15.1 5.3 6.2 10.4 77 15.9 5.3 70 10.2 7.9 16.6 5.5 7.1 10.6 3.7 100 4.0 10.3 3.8 102 3.9 10.0 4.0 97 4.0 99 3.9 98 4.0 9.5 3.9 9.5 4.1 10.2 4.1 10.9 4.2 11.8 4.5 12.7 4.2 12.5 4.6 125 4.8 12.9 7.4 14 1 85 9.0 7.7 156 8.3 8.2 7.6 137 8.5 8.7 7.5 14.7 8.1 8.0 7.3 145 7.6 7.5 7.7 157 7.8 7.4 7.4 161 7.4 7.1 7.2 15.2 7.3 7.1 7.3 16.2 7.0 6.5 7.7 16.3 7.9 7.7 8.1 17.6 8.6 8.6 8.4 17.8 9.4 9.5 9.1 18.1 11.0 11.8 8.8 18.7 10.4 11.0 9.0 18 1 10.6 11.3 9.5 179 10.8 10.8 90,564 74,316 91,548 75,493 90,138 73,680 90,720 74,227 91,337 74,880 91,848 75,434 92,481 76,278 91,600 76,213 91,598 76,450 92,159 76,599 92,424 76,403 92,293 76,136 91,932 75,803 r 89,799 •73,912 r 89,964 r P 90,255 P P 90,822 P 74 923 P Occupation: White-collar workers Blue-collar workers Industry of last job (nonagricultural): Private wage and salary workers Construction Manufacturing Durable goods EMPLOYMENT f Employees on payrolls of nonagricultural estab.: Total, not adjusted for seasonal variation ....thous.. Private sector (excl. government) do.... 73,852 74,074 Seasonally Adjusted t Total employees, nonagricultural payrolls Private sector (excl government) Nonmanufacturing industries Goods-producing Mining Construction do.... do do.... do do.... do 90,564 74316 54,016 25718 1,020 4399 91,548 75492 55,228 25676 1,104 4307 91,258 75018 54,841 25,657 1,091 4389 91,347 75 143 54,952 25,705 1,098 4416 91,458 75288 54,958 25700 950 4418 91,564 75,433 55,019 25,705 957 4334 91,615 75,575 55,151 25,818 1,110 4284 91,880 75,888 55,353 25,939 1,132 4,272 91,901 75,984 55,479 25,931 1,151 4276 92,033 76,128 55,632 25,930 1,162 4272 91,832 75,894 55,653 25,662 1,162 4259 91,522 75,596 53,579 25,418 1,172 4,229 91,113 75,183 55,447 25,104 1,175 4 193 r 90,879 r 74,980 r 55,430 r 24,801 r l,166 r r 9 1,040 r 75,149 r 55,642 r Manufacturing Durable goods Lumber and wood products Furniture and fixtures Stone, clay and glass products Primary metal industries Fabricated metal products Machinery except electrical Electric and electronic equipment Transportation equipment Instruments and related products Miscellaneous manufacturing do.... do do.... do do.... do.... do.... do. . do.... do do.... do.... 20,300 12 181 690 469 666 1,144 1,609 2,497 2,103 1875 708 419 20,264 12 139 680 477 651 1,128 1,584 2,513 2,134 1839 718 415 20,177 12074 691 466 654 1,140 1,577 2,481 2,110 1833 711 411 20,191 12099 692 467 651 1,141 1,581 2,480 2,117 1849 712 409 20,332 12207 702 478 656 1,145 1,595 2,491 2,134 1878 714 414 20,414 12254 710 484 658 1,142 1,604 2,511 2,143 1872 716 414 20,424 12,278 699 486 658 1,144 1,604 2,521 2,148 1886 717 415 20,535 12333 702 488 658 1,140 1,614 2,533 2,163 1,886 723 426 20,505 12,311 686 487 660 1,148 1,610 2,542 2,166 1,889 727 417 20,496 12,115 677 485 655 1,139 1,606 2,551 2,163 1,889 727 419 20,241 12,115 652 480 644 1,114 1,575 2,549 2,150 1811 723 417 20,017 11,932 634 470 634 1,090 1,546 2,522 2,119 1,783 719 415 19,736 11,714 619 464 622 1,058 1,516 2,488 2,089 1,725 717 416 r !9,550 r ll,596 r 615 r 458 r 19,507 Pp19,375 11,562 llP485 r 625 620 r P 454 451 r 605 p P599 l,017 1,026 p l,481 1,493 2,441 P2,418 r 2,085 Pp2,075 1 721 lP722 709 704 r P 403 398 do do do.. do.... do.... do.... do.... do.... do do.... do.... 8 118 1711 69 853 1,266 694 1,258 1,107 197 731 233 8 126 1683 71 840 1,256 692 1,288 1,107 211 744 233 8 103 1705 72 839 1,243 691 1,272 1,109 210 731 231 8092 1691 72 838 1,243 689 1,276 1,108 210 734 231 8 125 1697 72 842 1,250 691 1,280 1,107 211 744 231 8 160 1703 71 843 1,258 694 1,283 1,109 213 753 233 8 146 1673 71 846 1,264 695 1,284 1,111 212 757 233 8202 1691 71 856 1,278 696 1,290 1,110 212 760 238 8173 1,668 73 849 1,272 698 1,295 1,106 212 764 236 8 185 1669 71 849 1,273 703 1,301 1,112 211 760 236 do.... do.... do.... . . do do do.... do do do ... do 64,847 5,143 20,386 5281 15 104 5,168 17901 16249 2,866 13383 65,873 5,152 20,736 5343 15393 5,330 18598 16056 2,774 13283 65,601 5,135 20,600 5,313 15287 5,283 18,343 16240 2,795 13445 65,642 5,139 20,635 5,316 15319 5,293 18371 16204 2,781 13423 65,758 5,161 20,636 5,333 15303 5,316 18475 16 170 2767 13403 65,859 5,148 20,714 5,346 15368 5,326 18540 16 131 2,779 13352 65,797 5,149 20,717 5,349 15368 5,331 18560 16040 2,781 13259 65,941 5,167 20,796 5,360 15436 5,344 18,642 15992 2,777 13215 65,970 5,170 20,862 5,375 15487 5,354 18,667 15917 2,770 13,147 66,103 5,186 20,872 5,370 15502 5,366 18774 15904 2,765 13 140 66,170 5,168 20,916 5,360 15556 5,360 18,788 15938 2,759 13 179 66,104 5,147 20,838 5,363 15475 5,355 18838 15926 2,748 13 178 66,009 5,122 20,735 5,336 15399 5,366 18,856 15930 2,741 13 189 r Production or nonsupervisory workers on private nonagric. payrolls, not seas, adjusted thous.. Manufacturing do.... 60,457 14,223 61,210 14,088 59,633 13,971 60,115 14,049 60,736 14,127 61,204 14 195 61,911 14,325 61,814 14,108 62,018 14,230 62,194 14,376 62,007 61,727 14,147 N 13,904 61,372 13,601 r 60,457 18442 757 3461 14223 8,438 577 378 516 879 1,193 1,605 1,336 1,215 424 314 61,210 18250 812 3350 14,088 8,321 565 384 501 867 1,168 1,592 1,338 1,176 422 307 60,870 18298 806 3439 14053 8,297 576 376 503 879 1,164 1573 1,326 1,176 419 305 60,961 18346 813 3459 14074 8,325 577 376 501 879 1,169 1,575 1,334 1,190 420 304 61,114 18338 689 3462 14 187 8,412 586 386 506 884 1,178 1580 1,345 1,218 422 307 61,179 18317 694 3376 14247 8,442 593 392 507 880 1,184 1594 1,353 1,210 423 306 61,292 18387 819 3323 14245 8,455 585 393 506 882 1,187 1602 1,354 11,218 422 306 61,585 18476 834 3315 14327 8,491 585 396 508 879 1,197 1,605 1,365 1,213 427 316 61,622 18459 850 3315 14294 8,485 571 395 510 883 1,193 1,618 1,364 1,217 426 308 61,770 18454 857 3316 14281 8,465 563 391 505 877 1,187 1624 1,360 1,221 426 309 61,527 18 185 854 3301 14030 8,267 540 385 495 851 1,157 1,615 1,347 1,147 423 307 60,759 r60,538 r60,687 "60,488 17611 17 326 17 373 P17 242 r 864 '852 850 "847 r 3233 3 132 r3 207 P3 158 13514 13 342 13321 "13 237 r r 7,868 7,758 7,745 "7,691 r r 506 502 513 "508 r r P 370 364 360 358 r r 473 458 "453 458 r 799 '783 772 "764 1,085 1,102 1,078 "1,070 1554 1523 1 514 "1494 1,278 1,285 1,278 "1,259 1,064 1,048 "1,075 1,066 r r 417 413 411 "408 r r 305 297 295 "292 Nondurable goods Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and plastics products, nee Leather and leather products Service-producing Transportation and public utilities Wholesale and retail trade Wholesale trade Retail trade Finance insurance, and real estate Services Government Federal State and local 8 126 1 675 70 833 1,259 691 1,302 1,108 210 744 234 8085 1 676 70 823 1,251 686 1,302 1,104 210 733 230 4085 607 1,042 1,501 r 2,455 r 2,093 1,706 r 711 r 408 55,548 24,841 "24,660 p 1,166 l,163 r 4 168 P4 122 r 8022 1669 70 812 1,233 682 1,302 1,100 208 722 224 r 7954 1663 71 795 r l,210 r 678 r l,301 1,093 r 203 r 718 222 66,078 r 5,124 20,849 r 5,321 15 528 5,361 T 18,845 15 899 r 2,742 13 157 r P 7890 P 1667 P 68 P 7945 1678 70 r 792 1,211 673 1,303 1,093 r 201 r 712 r 212 r 66 199 r 5,101 '20,925 r 5,320 15 605 r 5,364 18918 15 891 r 2737 13 154 59,534 r59,500 13,276 13 250 780 "1,192 P 667 p l,302 p l,090 P 201 P 713 P 210 P 66,162 P 5,088 20,904 P 5,309 P 15 595 P 5,373 P 18 898 P 15 899 P 2732 P 13 167 P P 59,705 P 13,215 Seasonally Adjusted t Production or nonsupervisory workers on private uonagricultural payrolls t thous.. Goods-producing . . do Mining do .. Construction do Manufacturing do Durable goods do.... Lumber and wood products do.... Furniture and fixtures do.... Stone, clay, and glass products do.... Primary metal industries do.... Fabricated metal products do.... Machinery, except electrical do.... Electric and electronic equipment do.... Transportation equipment do.... Instruments and related products do.... Miscellaneous manufacturing do.... See footnotes at end of tables. 61,210 17934 862 3275 13*797 8,083 521 376 485 828 1,132 1587 1,308 1,121 418 307 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual S-ll 1982 1981 Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued EMPLOYMENT t— Continued Seasonally Adjusted t Production or nonsupervisory workers—Continued Nondurable goods Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and plastics products, nee Leather and leather products Service-producing Transportation and public utilities Wholesale and retail trade Wholesale trade Retail trade Finance, insurance, and real estate Services thous.. do.... do.... do.... do.... do.... do.... do.... do.... do.... do.... 5,786 1,175 54 741 1,082 524 703 626 124 562 196 5,768 1,153 55 727 1,069 521 712 627 132 574 197 5,756 1,168 55 727 1,061 520 707 625 134 564 195 5,749 1,158 56 727 1,061 519 708 626 134 566 194 5,775 1,164 56 729 1,065 521 709 627 134 575 195 5,805 1,170 55 731 1,071 523 710 629 135 584 197 5,790 1,144 56 733 1,077 524 709 632 133 585 197 5,836 1,160 55 742 1,092 525 711 630 133 586 202 5,809 1,140 57 738 1,082 526 714 630 132 592 200 5,816 1,140 56 737 1,084 5 718 631 131 588 200 5,763 1,149 55 722 1,071 31 718 626 130 573 199 5,714 1,149 55 710 1,062 520 716 620 129 573 199 5,646 1,141 54 699 1,046 516 715 615 127 551 189 do.... do.... do.... do do.... do.... do . 42,015 4,291 17,881 4319 13,562 3,913 15930 42,961 4,274 18,128 4348 13,779 4,026 16533 42,572 4,270 18,013 4329 13,684 3,992 16297 42615 4,268 18,031 4330 13,701 3,996 16320 42776 4,291 18,027 4342 13,685 4,017 16441 42,862 4,272 18,084 4352 13,732 4,024 16482 42,905 4,269 18,093 4350 13,743 4,030 16513 43,109 4,284 18,200 4367 13,833 4,037 16588 43,163 4,284 18,230 4370 13,860 4,047 16602 43,316 4,305 18,271 4367 13,904 4,055 16685 43,342 4,277 18,311 4359 13,952 4,049 16705 43,342 4,277 18,311 4359 13,952 4,049 16705 43,148 4,235 18,120 4339 13,781 4,041 16752 35.3 35.2 432 37.0 436 368 35.0 35.2 428 350 35.2 35.3 423 372 35.2 35.4 436 369 35.2 35.3 438 369 35.4 35.2 42 1 372 35.6 35.3 435 37.7 35.6 35.2 44 1 37.3 35.0 34.9 438 35.7 35.1 35.0 44 5 37.5 35.1 35.0 443 37.0 35.2 34.9 447 37.0 39.7 39.8 39.9 39.9 28 39.7 40.2 29 40.1 40.3 32 40.2 40.1 30 39.6 40.0 30 39.8 40.0 30 39.5 39.3 27 39.7 39.5 27 39.6 39.3 25 39.9 39.0 24 r 5,584 1,133 56 683 1,027 506 r 715 r 608 r !21 r 548 r !87 r P 5,546 p l,143 P 53 P 672 p l,012 P 499 P 719 P 606 P 120 P 545 P 5,576 1,150 r 54 r 681 1,026 503 r 715 r 606 121 r 543 177 r r 43,212 43,309 r 4,228 r4,207 18,205 18,286 r 4311 r 4308 13,894 13,978 r 4,035 r4,028 16 744 16 788 177 P 43,246 P 4,196 P 18 268 P 4299 P 13,969 P 4,036 P 16 746 AVERAGE HOURS PER WEEK t Seasonally Adjusted Avg. weekly hours per worker on private nonagric. payrolls: fl Not seasonally adjusted hours.. Seasonally adjusted do.... Mining $ do Construction^-" do.... Manufacturing: Not seasonally adjusted do.... Seasonally adjusted do.... Overtime hours do . 28 28 39.5 39.8 28 Durable goods . . . . . Ovt rtime hours Lumber and wood products Furniture and fixtures Stone, clay, and glass products Primary metal industries Fabricated metal products Machinery, except electrical Electric and electronic equipment Transportation equipment Instruments and related products Miscellaneous manufacturing do do.... do.... do.... do.... do do . do.... do.... do.... do.... do.... 40 1 2.8 38.6 38.1 40.8 40 1 40.4 41.0 39.8 40.6 40.5 38.7 402 28 38.7 38.4 40.7 405 403 40.9 39.9 40.9 40.4 38.9 40 1 28 39.1 38.6 40.6 407 402 40.8 39.6 40.5 40.5 38.6 40 4 28 39.1 38.6 40.7 41 0 402 40.9 40.0 40.9 40.5 38.7 408 30 39.6 38.8 41.2 412 409 41.3 40.2 42.0 40.1 38.9 408 3.2 39.8 39.0 41.0 410 409 41.4 40.4 41.8 40.4 39.2 405 3.0 39.0 38.9 40.8 408 407 41.1 40.2 41.4 40.4 39.1 405 3.0 38.8 38.5 40.9 405 405 41.1 40.5 41.2 40.5 39.2 405 3.0 38.6 38.6 40.8 407 405 41.2 40.4 41.3 40.8 39.1 397 2.6 37.3 37.5 40.3 406 39.5 40.3 39.6 39.9 40.5 38.4 399 2.6 37.6 38.1 40.0 398 40.0 40.7 39.9 40.5 40.4 39.0 397 2.4 37.5 37.7 40.0 397 396 40.6 39.3 40.3 40.3 39.0 393 2.4 37.6 37.7 39.5 392 39.2 40.3 39.2 39.4 39.9 38.4 Nondurable goods Overtime hours Food and kindred products Tobacco manufactures^ Textile mill products Apparel and other textile products do do.... do.... do do.... do.... 390 2.8 39.7 38 1 40.1 35.4 392 2.8 39.7 388 39.7 35.7 392 2.9 39.9 385 40.0 35.6 392 2.8 39.7 372 39.9 35.7 393 2.9 40.1 372 39.8 35.5 396 3.1 40.0 386 40.5 36.0 394 3.0 39.8 385 40.2 36.1 393 2.9 39.4 386 40.4 35.9 393 2.9 39.4 407 40.3 36.1 389 2.8 39.2 402 38.9 35.2 390 2.8 39.5 39.4 39.3 35.7 388 2.7 39.6 388 38.8 35.6 386 2.7 39.8 38.1 37.8 35.1 Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and plastics products, nee Leather and leather products do.... do do.... do.... do.... do.... 42.3 37 1 41.5 41.8 40.1 36.7 42.5 373 41.6 43.3 40.4 36.8 42.4 373 41.6 43.8 40.3 37.0 42.4 37 1 41.5 43.5 40.5 37.1 42.6 373 41.5 44.1 40.7 36.6 42.8 376 41.7 43.8 41.3 37.1 42.7 374 41.7 43.4 41.0 37.4 42.7 373 41.8 43.1 40.5 36.5 42.7 373 41.7 42.8 40.6 36.9 43.1 37 1 42.3 43.3 39.6 36.1 42.4 37 1 41.5 42.1 40.0 36.8 41.9 369 41.3 42.3 39.6 36.7 do.... do do.... do.... do ... do.... 39.6 322 38.5 30.2 36.2 32.6 39.4 32 1 38.6 30.1 362 32.6 39.5 322 38.6 30.2 364 32.8 39.4 322 38.6 30.2 36.4 32.8 39.3 323 38.6 30.3 363 32.8 39.3 32 1 38.5 30.1 36.1 32.7 39.8 32 1 38.5 30.1 36.1 32.5 39.8 322 38.7 30.1 36.3 32.5 39.5 32 1 38.6 30.1 36.3 32.4 39.2 32 1 38.5 30.1 36.0 32.4 39.1 319 38.5 29.9 36.2 32.5 Seasonally Adjusted Employee-hours, wage & salary workers in nonagric. establish, for 1 week in the month, seas adj. at annual rate bil. hours.. Total private sector . do .. Mining do.... Construction do.... Manufacturing do Transportation and public utilities do.... Wholesale and retail trade do . Finance, insurance, and real estate do.... Services do.... Government do 169.68 13783 2.31 8.46 4194 10.60 3429 9.75 30.47 3186 170.68 13974 2.51 824 4189 10.56 3482 10.06 31.64 3097 171.59 13996 2.52 8.36 42 18 10.62 3479 10.03 31.46 3163 172.08 140 14 2.48 8.60 42 15 10.60 3475 10.04 31.51 3194 170.50 13979 2.17 8.43 42 13 10.62 3484 10.04 31.56 3071 171.37 13981 2.19 8.26 4243 10.56 3470 10.05 31.60 31 57 170.86 13935 2.39 8.04 42 13 10.60 34.65 10.04 31.49 31.51 171.03 139.88 2.54 8.12 4223 10.59 34.73 10.08 31.59 31.15 171.23 140.06 2.61 8.05 42.24 10.52 34.92 10.10 31.61 31.17 167.88 139.60 2.58 7.78 41.78 10.56 35.05 10.08 31.77 28.28 Indexes of employee-hours (aggregate weekly): fl Private nonagric. payrolls, total 1977 = 100.. Goods-producing do.... Mining do.... Construction do Manufacturing . do.... Durable goods do.... Nondurable goods do Service-producing do.. Transportation and public utilities do.... Wholesale and retail trade do Wholesale trade do.. . Retail trade do.... Finance, insurance, and real estate do.... Services do.... 107.3 102.5 122.1 116 1 99.0 99.5 983 1100 106.3 1059 1104 104.2 114.6 115.0 108.5 101.7 132.0 1119 98.3 98.2 983 112.3 105.2 1073 111.4 105.6 117.9 119.3 107.9 100.9 128.6 109 1 98.0 97.8 983 111.7 105.4 1068 111.1 105.2 117.4 118.2 108.4 102.4 128.2 1166 98.4 98.6 98 1 111.8 105.1 106.9 111.1 105.4 117.5 118.4 108.9 102.8 112.0 115.8 99.9 100.7 98.7 112.3 105.4 107.2 111.4 105.6 117.8 119.3 108.9 103.1 113.3 112.9 100.7 101.1 100.1 112.0 104.9 106.9 111.4 105.2 117.4 119.2 108.7 102.6 128.0 109.3 100.2 100.6 99.5 112.1 106.2 107.0 111.3 105.3 117.6 118.7 109.4 103.5 136.5 110.9 100.5 100.9 99.8 112.6 106.0 107.8 112.3 106.0 118.1 119.3 109.2 103.4 139.8 110.0 100.4 100.9 99.5 112.5 105.2 107.9 112.1 106.2 118.7 119.0 108.6 101.1 139.0 105.2 98.5 98.6 98.5 112.8 105.5 108.0 111.8 106.6 118.3 119.6 Transportation and public utilities $ Wholesale and retail trade Wholesale trade Retail trade Finance insurance and real estate $ Services 33.9 34.2 428 33.2 r 34.7 r 35.0 r 436 r P 34.7 P 34.8 P 439 P 37.1 37.3 23 r 39.2 r 39.5 r P 39.1 P 39.0 P P r 36.7 35.6 24 23 r 379 2.2 r 34.6 r 32.6 r 38.3 384 37.9 39.0 38.1 r 38.7 r 38.6 r 36.9 r 398 2.2 r 37.9 37.6 r 40.1 r 395 r 39.7 r 40.6 r 39.8 r 40.8 r 40.0 r 38.7 394 P 2.1 P 37.3 P 37.0 P 39.5 P 390 P 393 P 40.0 P 39.5 P 40.3 P 40.3 P 38.5 364 2.4 39.1 36.1 r 31.3 r 30.7 r 390 r 2.6 40.3 38.3 r 38.0 r 35.5 P r r 41.8 37.2 41.3 42.6 39.4 36.1 r 41.2 r r 42.3 r P 41.7 P 372 P 40.8 P 39.3 320 38.6 29.9 36.2 32.6 39.3 31.9 38.4 29.9 36.2 32.7 r 38.4 r 316 r 38.0 r 170.63 139.98 2.64 8.10 41.63 10.54 35.06 10.09 31.90 30.66 170.05 139.83 2.70 8.24 41.14 10.54 35.02 10.12 32.07 30.22 169.85 138.63 2.79 8.14 40.53 10.44 34.61 10.13 32.09 31.22 108.4 100.8 140.1 109.8 97.2 96.9 97.8 112.7 104.0 107.7 111.6 106.2 118.5 120.1 108.0 99.3 141.1 111.1 95.1 94.1 96.4 112.8 104.7 107.3 111.8 105.5 118.2 120.8 106.9 96.8 143.0 108.4 92.4 90.8 94.8 112.4 103.2 106.5 110.8 104.9 118.2 121.2 36.5 40.8 44.3 '37.8 r 33.6 29.6 36.2 32.5 r 385 P 2.5 P 39.9 P 37.1 P 37.5 P 34.9 37.5 41.3 r 43.8 r 40.1 r 43.0 "39.8 P 35.8 35.6 P 38.9 P 31 8 P 38.2 P 29.8 P 36.2 P r 39.1 r 320 '38.5 r 30.0 36.3 r 32.7 32.6 AGGREGATE EMPLOYEE-HOURS f See footnotes at end of tables. 166.07 170.62 "169.40 P 136.70 139.40 137.98 r 2.71 2.74 "2.72 r r 7.71 8.07 P P7.92 39.14 40.48 P39.85 10.36 10.35 10.42 34.69 35.22 "34.81 10.14 PP10.14 10.11 32.32 32.18 32.00 29.37 31.22 "31.42 104.3 r 90.9 137.2 r 99.1 87.2 r 86.3 88.6 111.7 102.0 105.9 108.9 104.7 118.0 120.4 107.1 r 96.4 139.5 107.5 r 92.2 '90.5 r 94.6 113.0 103.1 107.7 110.2 106.8 117.8 121.4 P 106.1 P 94.8 "139.3 "105.9 "90.6 "88.9 "93.0 "112.3 "102.5 "106.9 "109.2 "106.0 "118.1 "120.8 SURVEY OF CURRENT BUSINESS S-12 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 April 1982 1981 Annual Feb. Mar. Apr. May June July 1982 Aug. Sept. Oct. Nov. Dec. Jan. Feb. 7.55 10.68 11.56 8.41 r 8 17 r 8.91 8.67 r 7.40 r 6.27 '8.73 1123 8.55 9.21 r 8.02 10.72 7.94 r 6.31 7.54 10.63 11.27 r 8.33 r 809 r 8.88 r 8.64 '7.27 6.17 r 8.65 11.20 r 8.57 r 9.22 r 8.00 10.76 r 7.96 r 6.34 7.68 7.43 r 7.55 r 7.31 r 7.76 r 9.52 r 5.77 r Mar. LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued HOURLY AND WEEKLY EARNINGS t Average hourly earnings per worker: fl Not seasonally adjusted: Private nonagric. payrolls dollars.. Mining do.... Construction . do .. Manufacturing do.... Excluding overtime do Durable goods do ... Excluding overtime do.... Lumber and wood products do.... Furniture and fixtures do.... Stone, clay, and glass products do.... Primary metal industries do Fabricated metal products do.... Machinery, except electrical do.... Electric and electronic equipment .... do.... Transportation equipment do.... Instruments and related products .... do.... Miscellaneous manufacturing do.... 6.66 9.17 992 7.27 702 775 7.48 6.53 5.49 7.50 977 7.45 8.00 6.95 9.32 6.80 5.47 7.25 10.06 1075 7.99 771 852 8.23 7.00 5.90 8.27 1081 8.20 8.83 7.66 10.31 7.44 5.98 7.06 9.86 10.41 7.75 748 8.26 7.98 6.81 5.74 7.89 1056 7.91 8.56 7.43 9.93 7.20 5.83 7.10 9.85 1044 7.80 753 832 8.04 6.79 5.76 7.94 1052 8.01 8.62 7.47 10.08 7.23 5.85 7.13 9.70 10.43 7.88 762 8.40 8.12 6.83 5.78 8.11 1076 8.05 8.67 7.51 10.14 7.25 5.91 7.17 9.68 10.53 7.92 764 8.45 8.15 6.92 5.83 8.20 10.68 8.17 8.75 7.55 10.25 7.31 5.93 7.20 9.94 13.60 7.97 768 8.52 8.21 7.10 5.89 8.31 1076 8.23 8.81 7.60 10.36 7.34 5.93 7.24 10.11 10.74 8.02 7.74 8.55 8.26 7.16 5.91 8.39 10.79 8.22 8.85 7.69 10.35 7.44 5.98 7.30 10.15 10.87 8.02 774 8.57 8.27 7.13 5.98 8.41 10.97 8.27 8.86 7.76 10.30 7.56 5.97 7.40 10.29 11.02 8.15 786 8.68 8.39 7.15 6.00 8.53 11.22 8.34 8.98 7.79 10.41 7.60 6.07 7.42 10.28 11.10 8.15 788 8.71 8.42 7.09 6.05 8.50 10.97 8.39 9.05 7.84 10.65 7.61 6.06 7.46 10.42 11.12 8.20 793 8.75 8.48 7.15 6.04 8.54 11.10 8.43 9.10 7.86 10.66 7.70 6.12 7.45 10.43 11.19 8.26 799 8.81 8.54 7.17 6.11 8.56 11.09 8.53 9.20 7.93 10.69 7.83 6.20 Nondurable goods do.... Excluding overtime do.... Food and kindred products do.... Tobacco manufactures do.... Textile mill products do Apparel and other textile products .. do.... Paper and allied products do.... Printing and publishing do.... Chemicals and allied products do.... Petroleum and coal products do.... Rubber and plastics products, nee .... do.... Leather and leather products do.... Transportation and public utilities do.... Wholesale and retail trade do.... Wholesale trade do Retail trade do.... Finance insurance and real estate do Services . .. do 6.56 6.33 6.86 7.73 508 4.57 7.84 7.53 8.30 10.09 6.56 4.58 8.87 5.48 696 4.88 578 585 7.19 6.94 7.46 8.81 552 4.98 8.60 8.20 9.12 11.36 7.23 4.99 9.72 5.92 758 5.25 630 641 6.98 6.74 7.24 8.56 535 4.87 8.28 7.96 8.80 11.33 7.04 4.88 9.45 5.84 738 5.20 621 627 7.01 6.77 7.29 8.61 536 4.94 8.30 8.02 8.84 11.23 7.07 4.98 9.42 5.85 742 5.20 6 19 629 7.08 6.86 7.37 8.90 536 4.96 8.37 8.04 8.94 11.40 7.15 4.93 9.54 5.87 747 5.22 620 630 7.11 6.86 7.43 9.03 5.40 4.98 8.42 8.10 8.99 11.28 7.22 4.95 9.59 5.89 751 5.23 624 633 7.14 6.88 7.43 9.33 542 5.00 8.55 8.13 9.07 11.29 7.23 4.98 9.63 5.89 7.51 5.23 624 6.33 7.23 6.98 7.47 9.43 5.51 4.94 8.73 8.22 9.16 11.41 7.28 4.96 9.69 5.91 7.59 5.24 627 6.34 7.24 6.97 7.50 8.61 5.66 4.98 8.67 8.27 9.19 11.31 7.32 4.97 9.89 5.94 767 5.26 637 641 7.37 7.09 7.58 8.66 5.69 5.06 8.95 8.40 9.38 11.53 7.38 5.08 9.97 6.04 7.71 5.37 638 6.51 7.34 7.08 7.53 8.58 5.72 5.07 8.82 8.42 9.37 11.46 7.39 5.09 9.96 6.00 774 5.29 642 657 7.39 7.13 7.63 8.96 5.74 5.06 8.89 8.44 9.42 11.57 7.41 5.10 10.07 6.03 781 5.32 651 667 7.45 7.21 7.69 8.90 5.72 5.05 8.96 8.50 9.52 11.58 7.48 5.14 10.08 6.01 783 5.32 646 666 9.15 5.76 r 5.02 r 9.07 r 8.61 r 9.68 11.90 7.62 r 5.18 10.15 6.17 r 795 5.44 r 657 r 679 5.14 '9.00 8.60 r 9.65 12.06 r 7.56 r 5.21 10.16 6.15 r 793 '5.42 662 r 680 6.66 9.17 992 7.27 8.87 5.48 578 585 7.25 10.06 1075 7.99 9.72 5.92 630 641 7.04 9.86 1044 7.74 9.44 5.78 621 620 7.09 9.85 1049 7.80 9.48 5.81 6 19 624 7.14 9.70 1052 7.90 9.57 5.84 620 627 7.18 9.68 1057 7.95 9.67 5.89 624 632 7.23 9.94 1069 7.99 9.74 5.91 624 638 7.26 10.11 10.77 8.02 9.71 5.93 627 642 7.34 10.15 1085 8.08 9.88 5.99 637 651 7.37 10.29 1088 8.14 9.88 6.05 638 652 7.39 10.28 1101 8.15 9.89 6.02 642 658 7.45 10.42 1109 8.18 9.99 6.05 651 664 7.45 10.43 11 16 8.19 10.03 6.08 647 665 r 7.62 10.68 1153 8.37 10.15 6.08 r 657 r 672 7.52 10.63 11 30 r 832 10.15 6.08 662 r 672 127.3 93.5 134.1 1218 129.4 127.2 127.8 1270 125.5 139.0 92.6 148.2 1316 142.0 139.6 1383 1381 1374 135.0 927 143.2 1280 137.5 135.4 1350 1350 1332 135.8 928 144.0 1286 138.5 136.1 1358 1360 1340 136.7 930 145.7 1290 139.9 137.3 1364 1354 1348 137.7 93 1 145.6 1294 140.7 138.9 137.4 1368 1360 138.4 929 147.2 1304 141.6 139.8 1378 137 1 1366 139.0 922 148.9 1318 142.5 139.3 138.4 1374 1369 140.7 927 149.4 1325 143.6 141.8 140.0 140 4 1394 141.5 92 1 151.5 1329 144.8 141.7 141 2 1403 1398 141.9 920 1513 1343 145.5 142.0 1405 1409 1407 143.2 925 1533 1354 146.4 144.0 1415 1432 1426 143.5 923 1532 1362 147.0 144.4 141 9 141 8 1427 145.1 r 93 1 1560 1408 149.0 1458 1423 143 4 1436 145.2 929 1558 1380 149.1 1463 1427 143 8 144 1 Seasonally adjusted: Private nonagricultural payrolls Mining Construction Manufacturing Transportation and public utilities Wholesale and retail trade Finance insurance and real estate Services . dollarsdo.... do do.... do.... do.... do do Indexes of avg. hourly earnings, seas, adj.: 1J Private nonfarm economy: Current dollars 1977=100.. 1977 dollars $ do Mining do.... Construction . do Manufacturing do.... Transportation and public utilities do.... Wholesale and retail trade do . Finance insurance and real estate do Services do Hourly wages, not seasonally adjusted: Construction wages, 20 cities (ENR): § Common labor $ per hr.. Skilled labor do Farm (U.S.) wage rates, hired workers, by method of pay: All workers, including piece-rate $ per hr.. All workers other than piece-rate do Workers receiving cash wages only do.... Workers paid per hour cash wages only do Railroad wages (average, class I) do.... Avg. weekly earnings per worker, private nonfarm: ff Current dollars, seasonally adjusted 1977 dollars seasonally adjusted $ Spendable earnings (worker with 3 dependents): Current dollars seasonally adjusted 1977 dollars, seasonally adjusted $ Current dollars, not seasonally adjusted: Private nonfarm, total dollars.. Mining do. Construction do Manufacturing do Durable goods do Nondurable goods . . do Transportation and public utilities do.... Wholesale and retail trade do.... Wholesale trade . do Retail trade do. Finance, insurance, and real estate do.... Services .. do 11.73 1842 12.92 1678 12.28 1607 r 7.83 r 12.36 16 11 12.45 16 13 12.56 1630 12.77 1648 13.03 1685 13.09 1698 13.27 1731 13.62 1766 13.69 1774 13.69 1772 13.78 1789 10.49 3.92 388 4.09 391 10.58 10.62 10.54 10.56 10.66 1065 1061 10.79 1100 1125 25721 !67 56 25865 26075 167 74 168 33 26001 167 21 25684 164 75 262 45 10.64 23493 25474 206 19 83.52 220 19 146.77 21475 14749 21662 147.96 21848 148.73 21900 14807 21980 147.62 221 14 146.74 22271 14671 22105 14443 22386 145 18 22520 14546 224 90 14446 257 18 263 20 235.10 396 14 36704 28862 31078 25584 351.25 176.46 26796 14738 209.24 19071 255.20 438.62 39560 31800 34250 28185 382.97 190.03 29259 15803 228.06 20897 247.10 42201 36435 306 13 32957 27152 373.28 185.13 28265 15392 226.04 20440 249.92 41666 38837 31122 33696 27409 371.15 186.62 28567 15496 225.32 20505 250.98 42292 38487 31284 338 52 27541 374.92 188.43 28760 15660 225.06 20538 252.38 42398 38856 31759 343 07 280 13 376.89 188.48 289 14 15638 225.26 20573 254.88 41847 394 32 32039 345 91 28203 383.27 190.25 28989 15899 225.26 20699 257.74 43979 404 90 31759 341 15 28269 385.66 193.85 294 49 16192 227.60 209 22 259.88 44762 40545 31920 344 51 28526 390.66 194.83 29683 16253 231.35 21089 259.00 45070 393 41 32193 345 46 288 17 390.82 194.49 29684 162 17 229.68 210 92 260.44 45746 416 25 32356 349 27 286 99 389.44 191.40 299 54 15764 232.40 213 53 261.85 46161 411 44 32472 350 00 28895 395.75 192.36 301 47 15854 235.66 216 78 262.24 46622 414 03 32957 355 92 29204 396.14 193.52 303 02 16120 233.85 217 12 r 255.95 r 457 10 r r 261.64 r 463 47 r 401 21 r 326 54 r 351 65 r 291 43 r 129 119 129 125 118 118 121 123 119 112 110 111 109 24781 !70 32 r 25028 25276 !71 07 172 18 r 25345 25450 25628 !71 25 17092 169 95 r 25837 !70 09 r r See footnotes at end of tables. 1967—100.. P 7.57 P 7.34 "7.79 P 9.69 P 577 P 5.15 P 9.04 P 8.62 P 9.64 11.93 P 7.60 P 5.22 P 10.14 P 6.15 P 796 P 5.42 P 664 P 680 P "7.55 P 1061 P 1132 P 836 P 10.20 P 6.11 P 6 64 P 675 P 145.8 P 1562 P 1380 P 150.0 P 1472 P 143 1 P 145 7 P 144 6 P 13.83 P 1800 P 263 09 P 261.99 P 465 78 P 413 61 P 327 27 P 352 74 P 290 69 P 383 79 312 01 335 91 278 02 r 389.76 397.26 394.45 191.89 193.73 "193.73 r 300 51 r302 93 P303 28 157 76 159 89 P159 35 r 237.83 240.31 P240.37 r 219 32 r221 00 "220 32 r HELP- WANTED ADVERTISING Seasonally adjusted index 11.27 "8.37 P 8 13 P 893 P 8.69 P 7.27 P 6.21 P 8.69 p ll 28 P 8.63 P 9.24 P 8.05 P 10.83 P 7.96 P 6.36 13.83 17 99 3.66 359 3.82 367 9.92 10.71 "7.55 P 10.61 P 106 S-13 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1982 1981 Annual Mar. Feb. Apr. May June July Aug. Sept. Nov. Oct. Dec. Jan. Feb. Mar. LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued WORK STOPPAGES Industrial disputes: Number of stoppages: Beginning in month or year Workers involved in stoppages: Beginning in month or year Days idle during month or year number.. 3,885 2500 213 285 286 301 302 286 211 225 166 82 33 thous.. do 1,366 23288 1,100 24700 42 770 244 1698 80 4 884 124 5 308 241 3521 120 2073 68 704 58 1479 36 1 208 21 395 8 288 Unemployment insurance programs: Insured unemployment, all programs, average weekly # @ thous. State programs (excl. extended duration prov.): Initial claims thous.. Insured unemployment, avg. weekly do.... Percent of covered employment: @ @ Unadjusted Seasonally adjusted Beneficiaries average weekly thous Benefits paid @ mil $.. 3837 3339 4264 3948 3453 3 111 2949 3012 2874 2,680 2,753 3228 3,935 4,681 25,373 3,350 23,939 3,350 1,806 3,669 1,684 3,382 1,647 2,988 1,417 2,691 1,741 2,596 2,114 2,743 1,610 2,656 1,680 r 2,488 1,996 r 2,592 2,286 3,061 3,272 3,778 3,328 4,470 39 35 2864 14,590 3 2614 13 206 7 42 32 3220 13135 39 33 3069 13936 34 31 34 34 2698 2331 10063 1 2268 30 34 2256 10128 31 30 32 34 2280 3486 10619 10049 2.9 35 2 174 1,001.0 4.3 3.0 35 37 41 39 142 r r 2392 r 3 172 997.2 l,079.7 l,592.5 5.1 41 3801 1,764.2 40 36 UNEMPLOYMENT INSURANCE Federal employees, insured unemployment, average weekly thous.. Veterans' program (UCX): Initial claims do... Insured unemployment, avg. weekly do.... Beneficiaries average weekly do Benefits paid mil $.. Railroad program: Applications . . thous Insured unemployment, avg. weekly .. .. do.... Benefits oaid mil. $.. 30 267 56 56 2949 162 34 176.1 193 41 2303 184 210.8 31 27 25 25 25 r 2 r 29 32 36 39 40 11 26 26 130 9 22 21 10 1 11 19 20 10.2 8 16 15 71 19 56 25.3 19 73 25.3 17 54 55 225 18 51 53 247 16 46 49 230 15 43 43 200 19 42 44 21 1 22 44 44 228 19 44 45 214 15 34 35 17.1 5 48 22.0 5 45 23.2 6 41 19.2 7 38 15.4 26 30 16.2 41 29 11.5 13 29 7.1 15 35 15.0 r 21 37 16.0 r !3 r 4 16.4 FINANCE BANKING Open market paper outstanding, end of period: Bankers' acceptances mil $ . Commercial and financial co. paper, total do.... Financial companies do Dealer placed do.... Directly placed do Nonfinancial companies do.... 54744 121,597 87312 19549 67763 34,285 69226 58084 60089 62320 60551 63427 63721 64577 65,048 66,072 68749 69226 161,101 129 929 130 118 134 696 140,056 145,994 150,265 153,651 161,716 164,124 166,316 161,101 167,056 167,284 110 603 89830 91087 93698 97030 100 873 104 738 106 180 109 965 112 060 112 256 110603 111897 110480 29065 20801 22057 23554 23989 24853 25 114 26746 28,986 29,468 29,574 29,065 30,666 30,974 81538 69029 69030 70 144 73041 76020 79624 79434 80979 82592 82682 81 538 81 231 79506 50,498 40,099 39,031 40,998 43,026 45,121 45,527 47,471 51,751 52,064 54,060 50,498 55,159 56,804 Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.: Total, end of period mil. $.. Farm mortgage loans: Federal land banks do.... Loans to cooperatives do Other loans and discounts do.... 68,648 78,188 70,886 72,123 73,382 74,452 75,207 76,412 77,072 77,614 78,283 78,103 78,188 78,387 79,035 38 138 9506 21005 46463 9 124 22619 39375 10056 21455 40264 9802 22057 41 111 9648 22624 41913 9361 23 178 42,693 8807 23,707 43450 8897 24,065 44064 8932 24075 44,720 8950 23,944 45,386 9400 23,497 45,961 9315 22,827 46,463 9 124 22,619 46,899 9498 21,990 47,324 9760 21,951 Federal Reserve banks, condition, end of period: Assets, total # mil. $.. 171,495 Reserve bank credit outstanding, total # .. do.... Time loans do U.S. Government securities do.... Gold certificate account do.... 137,644 1809 121,328 11,161 Liabilities, total # Deposits total Member-bank reserve balances Federal Reserve notes in circulation do.... 171,495 do. do.... do.... 31 546 27,456 124,241 176,778 161,824 167,040 168,067 164,447 171,311 167,377 168,429 181,639 167,256 171,676 176,778 179,941 170,321 172,249 30816 29777 29983 31 310 27213 27423 29690 30398 41,924 28,742 29,053 30,816 39,324 29,630 30,073 25,228 26734 26,164 26,063 24,304 23,626 26,011 27,045 27,243 23,672 24,312 25,228 25,066 24,964 26,357 131,906 118,854 120,874 121,852 123,251 124,783 124,765 125,134 125,050 125,351 129,086 131,906 126,835 126,869 128,855 '40 097 '40,067 '30 '1,617 '-1,471 '41918 '41,606 '312 '642 '-277 All member banks of Federal Reserve System, averages of daily figures: Reserves held total mil $ Required do.... Excess do Borrowings from Federal Reserve banks do.... Free reserves do.... Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.: Deposits: Demand adjusted § . mil $ . Demand total # Individuals, partnerships, and corp State and local governments U S Government Domestic commercial banks Time total # Individuals, partnerships, and corp.: Savings Other time 176,778 161,824 167,040 168,067 164,447 171,311 167,377 168,429 181,639 167,256 171,676 176,778 179,941 170,321 172,249 143,906 129,152 131,037 132,896 130,939 132,227 134,957 136,699 138,288 134,665 139,140 143,906 141,871 138,575 139,700 2,217 1601 1 180 2,646 924 1027 2486 232 1254 656 2333 1 366 1010 1 601 1249 130,954 117,621 118,043 119,687 118,311 120,017 123,172 124,522 124,330 123,005 126,539 130,954 128,230 125,410 125,589 11,151 11 156 11,154 11 154 11,154 11,154 11,154 11,154 11,152 11,152 11,152 11,151 11,151 11,150 11,150 do do.... do.... do. . do.... do 39756 39,478 278 1,278 -852 39720 39,445 275 1,004 -532 40366 40,164 202 1,343 -980 40512 40,260 252 2,154 -1,643 40,443 40,104 339 2,038 -1,408 41011 40,667 344 1,751 -1,159 41026 40,731 295 1,408 -893 40,593 40,177 416 1,473 -835 40,711 40,433 278 1,149 -719 119485 108 693 95658 106 246 97595 97 121 101,467 97,063 95,344 100,820 99,201 228,086 187,694 183 252 206,616 188,663 195 134 209,662 173,405 187,465 209,326 163,399 158,283 140,532 123,777 139,810 128,835 130,752 140,425 122,049 128,044 136,206 123,721 4,140 5,137 4,532 5,176 4,163 5,829 4,714 4,938 4,456 4,262 5,252 2,196 1,562 1005 1,082 1,784 1,111 2 147 1579 1 108 2881 3312 41,407 21,896 35,230 38,664 32,839 36,735 41,213 27,901 36,984 43,903 18,016 314 128 363 093 320 996 321 801 322 992 334 602 337,291 341,228 349,890 349,177 350,803 41918 41,606 312 642 -277 r 43,210 r 42,785 r 425 1,526 r -l,026 41,475 40,992 483 1,713 -1,098 106,811 108,693 99,682 95,764 101,234 40,951 40,604 347 695 -269 39,390 38,879 511 1,611 -926 186,251 187,694 170,840 169,273 172,931 137,904 140,532 127,443 125,658 131,868 5.328 5,133 5,252 4,492 5,002 2,147 3,645 1,133 3,331 1,114 22,158 21,896 19,273 19,762 19,695 357,550 363,093 367,200 370,510 372,461 74,568 76,944 77,196 79,286 79,314 80,434 242,838 246,072 250,863 252,236 253,750 255,514 . do. .. do.... 72670 205,862 Loans (adjusted) total § Commercial and industrial For purchasing or carrying securities To nonbank financial institutions Real estate loans Other loans do.... do.... do.... do.... do.... do 433,313 174,969 9,989 26,081 112,285 136 100 77 196 75072 79,344 77897 77797 78,236 76,373 76,204 75,388 250,863 209,948 208,372 211,052 221,968 226,009 232,390 239,748 240,298 471,234 423,216 430,070 430,525 437,332 450,145 442,601 452,410 460,457 195,535 169,482 172,782 174,525 176,623 182,502 180,479 184,978 188,033 8,622 10,201 9,160 8,708 10,396 12,100 10,757 8,182 10,151 26,850 24,875 24,598 25,338 25,836 26,774 25,929 27,119 26,277 124,573 113,681 114,468 115,337 116,622 117,723 118,697 120,047 121,559 146 281 131 875 134,392 129 376 132 871 137,441 133,067 139,661 145,480 Investments total U.S. Government securities, total Investment account * Other securities do do.... do.... do.... 118 098 39,611 35,239 78.487 117 143 118 190 120 108 117 234 121 042 119,513 118,132 117,549 117,272 116,452 119,316 117,143 118,503 117,596 117,936 36,929 40,816 41,754 39,720 42,128 40,599 40,657 38,856 37,785 38,417 37,617 36,929 38,090 38,374 38,570 30,982 33,726 33,897 34,280 34,444 33,807 33,410 31,987 31,642 31,511 30,798 30,982 30.785 30,747 30,345 80,214 77,374 78,354 77,514 78,914 78,914 77,475 78,693 79,487 78,035 81,699 80,214 80,413 79,222 79,366 See footnotes at end of tables. 455,996 187,395 8,483 25,418 122,561 137,913 468,465 191,875 10,673 26,386 123,760 146,987 471,234 195,535 10,757 26,850 124,573 146,281 470,410 198,009 8,675 26,756 126,157 144,998 472,278 198,819 9,163 26,762 126,840 144,382 476,519 202,573 7,782 27,913 127,306 140,837 S-14 SURVEY OF CURRENT BUSINESS 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 1982 1981 Feb. Annual April 1982 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. 1,302.8 116.4 222.3 9640 1,312.2 115.6 223.8 972.7 1,317.8 113.2 225.6 979.0 1,324.0 112.5 228.7 982.8 1,327.5 110.3 231.2 986.0 1,317.3 110.9 231.7 9747 1,321.9 114.2 232.0 9756 1,334.6 115.3 232.7 9866 Mar. FINANCE—Continued BANKING— Continued Commercial bank credit, seas, adj.: Total loans and securities H U.S. Treasury securities Other securities Total loans and leases fl bil. $.. do.... do.... do 1,317.3 1,255.7 1,261.0 1,267.9 1,285.1 1,295.4 116.7 110.9 113.4 113.9 116.0 112.9 r 231.7 217.9 rr219.4 rr219.5 rr220.6 rr221.6 r 9747 957.2 9288 9345 9485 9244 1,237.0 110.6 213.9 9125 Money and interest rates: Discount rate (N. Y.F.R. Bank), end of year or month percent.. 12.10 13.00 13.00 13.00 13.87 14.00 14.00 14.00 14.00 14.00 13.00 12.10 12.00 12.00 12.00 Federal intermediate credit bank loans do.... 2 2 14.20 12.93 13.35 13.65 13.95 14.29 14.59 14.83 15.11 15.28 15.26 14.87 14.63 14.45 14.11 Home mortgage rates (conventional 1st mortgages): New home purchase (U S avg ) Existing home purchase (U.S. avg.) percent do.... 2 1225 "12.58 2 14 2 17 14.62 1302 13.73 1348 13.91 1362 13.99 1356 14.19 14 12 14.40 14 14 14.77 1460 15.03 1469 15.38 1504 15.47 1568 15.80 1523 15.53 1467 15.37 1444 15.22 1504 15.08 3 12.78 3 1229 3 4 15.32 3 1476 3 13.73 15.54 1487 14.05 13.88 1359 12.89 14.65 14 17 12.94 17.56 1666 14.97 16.27 1522 14.13 17.10 1609 14.47 17.22 16.62 15.32 16.11 1593 15.01 14.78 1472 13.96 12.00 1196 11.72 12.13 12 14 11.24 13.06 1335 12.56 14.47 1427 13.58 13.73 1347 12.89 3 14.077 14.905 13.478 13.635 16.295 14.557 14.699 15.612 14.951 13.873 11.269 10.926 12.412 13.780 12.493 336 341 316,447 23577 24952 29352 27,664 28951 26,353 28036 26,026 30397 27,286 28750 26,885 29299 25,799 30,158 26,133 27,158 26,693 26526 26,125 30914 26,595 22574 25,814 22758 25,460 do 28682 29370 29271 28377 29223 28290 28323 29406 26836 27370 26656 26888 27 150 do do . do.... do 11624 6 193 3,167 4500 12504 5911 3,153 4472 12379 5218 3,181 5002 12283 4,937 3,212 4486 12701 5251 3,137 5018 11 973 5439 3,299 4826 11 458 6,385 2,913 4616 12384 7,158 2,558 4568 11 610 5,327 2,621 4559 12430 5287 2,571 4279 13264 4089 2,517 4 142 11 775 4433 3,326 4385 12 431 4857 2,695 4254 do .. do.... do 8229 11,738 405 8499 11,620 616 7459 12,383 593 7384 11,876 620 7515 12,658 509 8059 11,706 445 8,396 11,663 520 9,000 12,263 532 7,490 11,753 475 8073 11,379 479 7352 11,592 508 7474 11,070 434 7283 11,730 364 12.87 12.22 Open market rates, New York City: Bankers' acceptances, 90 days do.... Commercial paper 6-month $ do Finance co. paper placed directly, 6-mo @ do.... 11.28 Yield on U.S. Government securities (taxable): 3-month bills (rate on new issue) percent.. 3 11. 506 CONSUMER INSTALLMENT CREDIT Total extended and liquidated: Unadjusted: Extended Liquidated . Seasonally adjusted: Extended total # By major holder: Commercial banks Finance companies Credit unions Retailers mil $ do.... . By major credit type: Automobile Revolving Mobile home 306 076 304,628 Liquidated total & By major holder: Commercial banks Finance companies Credit unions Retailers do 26837 26399 26549 26806 27 192 26739 25895 26431 25834 26770 26689 26445 27075 do.... do do.... do 12,319 4663 2,723 4397 12,070 4372 2,866 4245 12,333 3965 2,909 4471 12,072 4528 2,821 4489 11,986 4681 2,918 4602 11,944 4491 2,767 4561 11,704 4002 2,668 4629 11,957 4476 2,692 4557 11,686 4,123 2,830 4455 11,997 4825 2,795 4 405 12,104 4503 2,886 4480 11,765 5030 2.637 4358 12,602 4550 2830 4378 By major credit type: Automobile Revolving Mobile home do .. do.... do 7398 11,419 492 6973 11,110 552 6,811 11,443 410 7,498 11,520 372 7366 11,651 399 7,003 11,590 386 6,537 11,486 364 6,921 11,692 375 6,466 11,429 353 7509 11,358 404 7284 11,533 365 7595 11,266 460 7339 11885 408 Total outstanding, end of year or month # By major holder: Commercial banks Finance companies Credit unions Retailers By major credit type: Automobile Revolving Mobile home do.... 313,472 333,375 309,385 311,071 313,669 315,679 318,792 320,656 324,161 328,187 328,652 329,053 333,375 330,135 327,435 do.... do.... do.... do 147,013 76,756 44,041 28448 149 300 143 429 143 397 143,680 143 841 145 125 145 382 146 006 147 060 146 889 146 687 149 300 148 162 146 922 89,818 78,090 79,490 81,033 81,794 82,723 83,924 86,152 88,698 89,583 89,956 89,818 88,925 89,009 45,954 43776 44212 44,390 45,055 45686 46,096 46,605 46,791 46416 46092 45954 45907 45586 29551 26507 26097 26263 26287 26394 26396 26477 26594 26922 27510 29551 28 179 27013 do.... do do . 116,838 58352 17322 126,431 116,195 118,049 119,076 119,582 120,400 121,476 123,481 125,703 126,344 126,385 126,431 125,525 125,294 63049 56047 55356 55716 55820 56798 56764 57280 58318 58451 58923 63 049 61 433 59 514 18486 17 113 17 162 17342 17'576 17704 17760 17959 18 124 18300 18380 18486 18397 18343 FEDERAL GOVERNMENT FINANCE Budget receipts and outlays: Receipts (net) mil. $.. rlrl517,112 Outlays (net) do .. l576 675 -59 563 Budget surplus or deficit (—) do Budget financing total . Borrowing from the public Reduction in cash balances . Gross amount of debt outstanding Held by the public do do do.... rl 599,272 rl J 59 563 '70515 -10,952 1 do.... 1914,317 do.... '715,105 1 38,394 657 204 53969 '-57 932 -15 575 44,623 54217 9593 '57 932 '79 329 '-21,397 9593 -17 266 15 138 3725 -5,545 -13,541 15575 13916 1,659 See footnotes at end of tables. 70,688 48,142 55619 58486 15070 -10 343 16094 -15 070 539 572 15,555 -15,642 10343 3383 6,960 47,976 53095 5 119 60,594 53698 6897 5 119 -6897 6501 8577 -1,382 -15,474 45,467 63573 18 105 5 18 749 10374 8,375 44,317 54959 10642 57,407 76875 19468 12522 10 972 1,550 8 109 20516 14 274 9 783 6,242 -17*892 55269 45930 9339 44623 13,693 8,586 74464 38,659 9,371 38514 10,496 1,011 70688 33,729 15,792 48 142 24,439 1,715 47976 21,615 1,607 60594 30,882 8,659 45467 22,555 1,265 44317 21775 745 57407 25770 10,220 55269 32646 2,473 15784 6560 20201 6232 20694 6312 14657 6510 15206 6783 18 190 6565 14 516 6537 15369 6278 15795 6002 14 641 6777 14 575 5574 53969 2390 12*544 54217 57 198 1 802 1546 13,263 13,000 54608 1456 13,500 55619 2 117 13,464 58486 1 123 14,392 53095 2750 13,239 53698 604 13,624 63573 3 146 14,351 54959 3 072 13,889 76875 4 793 15,880 45930 4 573 13,783 '230 304 '92 633 '5,421 '22 904 18702 6936 459 1953 18783 6878 559 1025 19308 8376 483 2 164 18897 7*415 461 1668 19074 21 141 12 100 7522 417 509 1 784 2992 19 342 7793 401 786 20 905 6*537 '348 2 008 21 249 8268 658 3 010 19 770 8204 517 851 33 866 13 277 551 3 214 7 319 7 935 443 760 11,160 11,151 11,156 11,154 11,154 11,154 11,154 11,154 11,154 11,152 11,152 11,152 11,151 11,151 11,150 20.632 10.518 13.024 12.338 11.437 10.848 10.001 8.631 8.925 10.035 9.251 8.547 8.432 8.030 8.268 do.... rl576,675 r'657 204 do '24 555 '26 030 do.... 432,840 '156,035 mil $ 494691 do . '76 691 do.... '4,850 do '21 135 GOLD AND SILVER: Gold: Monetary stock, U.S. (end of period) mil. $.. Silver: Price at New York dol. per fine oz.. 38,514 54608 16094 1,003,941 956,898 970,901 970,326 974,758 977,350 979,388 986,312 1,003,941 1,011,111 1,019,324 1 034 716 1 043 817 '794,434 763,449 778,587 774,863 775,402 775,973 779,356 785,857 794,434 804,808 815,780 830,055 839,837 Budget receipts by source and outlays by agency: Receipts (net) total mil $ rl517 112 rlr 599 272 38394 Individual income taxes (net) do.... '244,069 '285,917 15,348 Corporation income taxes (net) do.... '64,600 '61,137 564 Social insurance taxes and contributions (net) mil. $ . rl 157 803 rl 182 720 17211 Other do.... '50,640 5271 '69,499 Outlays, total # Agriculture Department Defense Department, military Health and Human Services Department § Treasury Department National Aeronautics and Space Adm Veterans Administration 74,464 57 198 17266 7.213 S-15 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Feb. Annual 1982 1981 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. FINANCE—Continued MONETARY STATISTICS Currency in circulation (end of period) bil. $.. 137.2 1456 Money stock measures and components (averages of daily figures): t Measures (not seasonally adjusted): t Ml bil. $.. M2 do M3 . .. . . do L (M3 plus other liquid assets) do... 401.4 15916 18730 2 267.6 429.6 17469 20898 25192 111.7 2639 21.8 30.0 55.2 4040 7064 2363 1198 2399 65.6 38.7 110.1 3616 8129 2864 Components (not seasonally adjusted): Currency Demand deposits Other checkable deposits $$ Overnight RP's and Eurodollars * Money market mutual funds Savings deposits Small time deposits @ Large time deposits @ do.... do do.... do.... do.... do . do do Measures (seasonally adjusted): $ Ml M2 M3 L (M3 plus other liquid assets) do.... do do do.... Components (seasonally adjusted): Currency Demand deposits . Savings deposits Small time deposits @ Large time deposits @ do.... do do.... do do 131.9 1339 1350 138 1 1365 1383 1385 1385 1388 1427 410.1 416.7 436.0 423.2 432.1 431.5 434.5 439.7 427.6 430.4 16723 1 696 8 1 729 1 17238 1 739 0 1 756 0 1 766 7 1 775 6 1793 1 1 809 3 20012 20239 20527 20556 2 076 3 20983 2 1153 2 1322 2 1524 r 2'l754 24235 24415 24642 24763 25018 25220 2544 1 25683 25978 2 627 5 1157 2385 52.0 35.2 75.1 3742 7835 2769 1167 2379 58.1 36.5 85.3 3739 7902 2739 1183 2468 66.8 36.8 95.8 3764 7900 268 1 1192 2359 64.1 40.9 98.6 3699 7969 2773 1197 2370 66.4 42.9 102.8 3650 8064 281 7 121 3 2376 68.6 42.3 112.7 3652 8095 2866 1208 2346 71.7 39.6 130.4 3479 832 1 299 1 121.3 2347 69.7 43.1 122.1 3550 8220 2948 1212 2366 72.4 36.2 137.1 3439 8476 2998 1456 1405 1405 439.7 453.4 437.1 '451.2 1 829 1 18488 1 842 3 1861 1 2 1996 r2 216 8 r2 215 4 22370 26543 125.4 2433 78.4 38.1 150.8 3430 8517 3055 1229 2375 75.2 37.0 144.6 3422 8519 3018 123.3 2436 82.5 43.3 154.4 3468 r 8574 r 3076 1230 2285 r 81.4 43.1 155.4 r 3445 r 8685 r 314 1 1238 2280 83.6 43.3 158.4 3460 8796 317 1 4194 4329 448.6 r 4473 4479 4292 4284 4312 4364 '4409 4244 4333 4294 431.1 1678 1 1 701 0 1 723 1 1 7323 1 7407 1 7536 1 7722 1 778 1 17893 18097 18224 18409 r1 847 5 18643 20018 2*023 9 20462 2065 1 20820 2 1024 2 1258 2 1380 2 1510 r 2 1745 2 1878 22039 2 214 4 22354 24182 24379 24555 2483 1 25066 25304 2 559.7 25772 25994 2 628 3 2 643.3 117.2 2448 378.5 7757 2717 117.8 2430 378.5 7820 2698 119.1 2435 378.8 784 1 2676 1197 2377 366.8 805 5 2856 119.4 2404 373.5 7958 2784 120.5 2367 361.0 8140 293 1 120.7 2366 350.9 8308 2999 121.1 2347 343.1 8397 3023 121.3 2357 339.6 8498 3022 121.8 2357 340.9 8568 3006 123.1 2364 343.6 8547 3004 123.8 2393 348.8 8523 3027 124.6 2345 r 348.6 r 8595 r 3079 125.1 2328 350.7 8700 3122 PROFITS AND DIVIDENDS (QTRLY.) Manufacturing corps. (Fed. Trade Comm.): Net profit after taxes, all industries Food and kindred products Textile mill products Paper and allied products Chemicals and allied products mil. $.. do.... do do.... do.... r 100,812 8,506 1 157 3 108 12,555 Petroleum and coal products do.... Stone clay and glass products . do Primary nonferrous metal do.. . Primary iron and steel do Fabricated metal products (except ordnance, machinery, and transport, equip.) mil. $.. r 25,133 1833 r 2768 r 2334 24,583 1628 1929 3203 Machinery (except electrical) Elec. machinery, equip., and supplies r r 3,967 ll 459 r 7,114 12726 7,852 . do . do.... Transportation equipment (except motor vehicles, etc.) mil. $.. Motor vehicles and equipment do All other manufacturing industries do.. . 92,579 r 8,222 r 977 r 2,789 r ll,578 do . mil $ 81 111 r do 56265 r do do.. . 18996 3635 mil $ do.... do do.. Transportation do. . Communication do Financial and real estate do State and municipal issues (Bond Buyer): Long-term do Short-term do. .. SECURITY MARKETS Stock Market Customer Financing Margin credit at brokers, end of year or month mil $ Free credit balances at brokers: Margin accounts do Cash accounts do.... 40045 7419 r 568 r 641 1076 1 350 r 3278 r 2,159 1 156 r 3 102 1,795 3527 1,755 r 871 -622 4246 666 -139 3754 9611 10678 r 983 r 1019 r -384 r 3727 r 9717 22,608 2,229 198 829 2,887 25,089 r 2,200 r 308 r 634 r 3,015 6,257 r 553 r 296 1278 r 5408 r 238 r 631 r 851 1 054 r 2819 r 2,143 3,539 209 15900 !4 745 r 36 495 Dividends paid (cash), all industries . r r 29,307 r 2,181 r 408 r 876 r 3,259 23,808 1,896 r 243 r 769 r 3,394 4335 r 3,084 r -3 424 r r r 5,499 269 361 2 775 r 936 4 173 10 039 r r r SECURITIES ISSUED Securities and Exchange Commission: Estimated gross proceeds total By type of security: Bonds and notes corporate . 75 874 4649 6871 8273 5954 10979 4259 3310 4972 5363 9,729 r 5969 2,627 45 606 r 25 042 r l 861 3054 4471 1 986 298 4720 5704 2046 3839 3948 1 589 67 2037 186 1382 141 7 112 2039 59 r 4754 188 1578 1467 14 2544 2453 85 3251 2440 164 1 115 1312 199 78889 24,398 4818 15940 r r 72 509 !7,397 r 9 122 14 492 4400 1,428 529 890 2776 r 6 160 17 197 128 315 645 7258 1,947 565 1415 352 724 1 761 5855 10646 2,204 1,894 753 1997 1 410 1690 166 692 65 1506 899 2 267 3702 822 328 630 74 840 807 3059 468 625 608 186 202 545 4767 572 905 1746 150 765 541 5362 238 703 1331 3745 7385 15638 6755 1,843 655 1 174 222 964 1 429 47 133 26485 46 134 34443 2890 2 155 3 695 1 718 5 082 1*881 3358 4763 4 921 3756 3255 2267 3088 2084 14721 14 321 14 171 14243 14869 14 951 15 126 15 134 2 105 6,070 3515 7,150 2225 5,700 2340 6530 2270 6440 2345 6,150 2350 6650 2670 6470 414 57.4 337 43.2 36 1 48.4 365 47.9 345 45.9 329 45.0 35 1 45.8 Sales: New York Stock Exchange, exclusive of some stoooed sales, face value, total mil. $.. 5.190.30 5.733.07 324.18 398.95 430.18 418.49 457.82 Common stock Preferred stock By type of issuer: Corporate total # Manufacturing Extractive (mining) Public utility 1 196 150 1870 145 74 91 2 563 9210 r5963 2,462 1,212 r 797 723 1 147 1 246 120 105 r 201 411 3 254 1 894 2626 563 633 753 53 58 391 3539 4412 3625 3543 5035 2902 5072 3 138 3780 2*525 r 3477 r 14545 13973 13866 14 044 14 321 13 441 13023 2645 6,640 2940 6555 2990 6,100 3290 6,865 3515 7,150 r 3455 r 6,575 3755 6595 330 43.7 31 8 39.4 299 36.8 300 37.4 337 41.0 332 37.1 309 35.8 31 1 37.0 329 37.3 444.69 475.07 577.36 567.54 611.97 673.76 410.47 388.34 512.80 2708 5377 2774 Bonds Prices: Standard & Poor's Corporation: High grade corporate: Composite § dol per $100 bond Domestic municipal (15 bonds) do.... See footnotes at end of tables. S-16 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1981 Mar. Feb. Annual April 1982 Apr. May June July 1982 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. FINANCE—Continued Bonds—Continued Yields: Domestic corporate (Moody 's) By rating: Aaa Aa A Baa percent.. 12.75 15.06 14.22 14.26 14.66 15.15 14.76 15.18 15.60 16.18 16.20 15.35 15.38 16.05 16.13 15.68 do.... do do do.... 11.94 1250 12.89 13.67 14.17 1475 1529 16.04 13.35 1389 1427 15.37 13.33 1390 1447 15.34 13.88 1439 1482 1556 14.32 1488 1543 15.95 13.75 1441 15.08 15.80 14.38 1479 15.36 16.17 14.89 1542 15.76 16.34 15.49 1595 1636 16.92 15.40 1582 1647 17.11 14.22 1497 1582 16.39 14.23 15.00 15.75 16.55 15.18 1575 16.19 17.10 15.27 1572 16.35 17.18 14.58 1521 1612 16.82 do.... do do 12.35 13 15 11.48 14.50 1562 13.22 13.60 1484 1261 13.66 1486 1272 14.00 1532 1285 14.45 1584 1290 14.25 1527 13.09 14.48 1587 13.22 14.87 16.33 13.50 15.47 1689 13.71 15.64 1676 13.88 15.19 1550 13.92 15.00 15.77 13.84 15.37 16.73 14.10 15.53 1672 14.08 15.29 1607 14.00 Domestic municipal: Bond Buyer (20 bonds) Standard & Poor's Corp. (15 bonds) do.... do.... 8.73 8.51 11.56 11.23 10.27 10.03 10.21 10.12 10.94 10.55 10.64 10.73 10.85 10.56 11.44 11.03 13.10 12.13 12.93 12.86 12.99 12.67 12.18 11.71 13.30 12.77 13.15 13.16 12.70 12.81 13.13 12.72 U.S. Treasury bonds, taxable $ do.... 10.81 12.87 12.23 12.15 12.62 12.96 12.39 13.05 13.61 14.14 14.13 12.68 12.88 13.73 13.63 12.98 32823 891.41 110.43 30723 36461 93292 108.58 39856 36526 945.50 108.86 39260 38105 39066 987.18 1 004 86 108.42 107.32 41742 43923 38045 97952 106.84 42324 38492 996.27 108.79 42272 36897 947.94 107.59 40426 36422 926.25 111.49 39627 33333 853.38 105.18 353 12 337 10 853.24 103.77 36856 34644 860.44 110.42 38356 351.31 878.28 110.73 387.11 33399 853.41 105.68 353.99 32754 83315 105.98 34593 31894 81233 107.47 32885 By group: Industrials Public utilities Railroads Stocks Prices: Dow-Jones averages (65 stocks) Industrial (30 stocks) Public utility (15 stocks) Transportation (20 stocks) Standard & Poor's Corporation: § Combined index (500 Stocks) Industrial, total (400 Stocks) # Capital goods (111 Stocks) Consumer goods (189 Stocks) 1941-43=10.. do.... do.... do. 118.78 134.52 131.37 86.88 128.04 144.24 139.03 100.67 128.40 145.70 143.14 9445 133.19 151.03 149.76 10084 134.43 152.29 150.80 10596 131.73 149.06 146.78 10467 132.28 148.70 144.84 108.55 129.13 145.30 140.10 10163 129.63 145.95 141.13 110.04 118.27 132.67 126.60 9367 119.80 133.98 123.98 9689 122.92 136.76 125.80 9838 123.79 138.35 128.23 98.37 117.28 131.08 121.78 95.43 114.50 127.56 120.53 9732 110.84 122.85 112.43 9700 Utilities (40 Stocks) . . Transportation (20 Stocks) Railroads (10 Stocks) do 1970—10 1941-43 — 10 5054 18.52 7557 51 87 23.26 9309 4981 23.64 9769 5036 25.02 10132 5096 25.88 10325 5037 2448 9477 52 15 24.12 9091 5228 23.55 9255 5406 22.99 91 12 5101 20.03 7881 5141 21.01 8383 5452 21.92 8968 53.53 22.21 9084 51.81 20.05 8086 5139 18.95 7599 5233 1768 6773 Financial (40 Stocks) 1970—10 NewYorkCity banks(6 Stocks) 1941-43=10.. Banks outside N.Y.C. (10 Stocks) do.... Property-Casualty Insurance (6 Stocks) do.... 1250 44.00 102.90 127.06 14 44 52.45 117.82 141.29 1341 48.18 116.43 126.73 1430 49.83 119.52 136.70 14 44 49.65 119.30 142.81 1455 52.57 118.09 142.21 1580 58.23 127.68 155.50 1467 53.94 120.62 146.16 14 46 53.42 117.24 140.67 1373 50.82 111.69 132.95 14 40 53.75 113.93 141.22 1523 56.28 119.20 152.40 1476 54.01 112.58 149.00 1395 51.33 102.51 141.08 14 19 53.85 100.48 146.08 14 15 53.77 96.11 147.01 New York Stock Exchange common stock indexes: Composite 12/31/65-50.. Industrial do Transportation do Utility do.... Finance do 68.10 7870 6061 37.35 6425 74.02 8544 7261 38.91 7352 73.52 8574 7276 37.59 6848 76.46 8939 7709 37.82 7282 77.60 9057 8063 38.34 7459 76.28 8878 7678 38.27 7465 76.80 8863 76.71 39.23 7979 74.98 8664 74.42 38.90 7497 75.24 8672 73.27 40.22 7376 68.37 7807 6367 38.17 6938 69.40 7893 6565 38.87 7256 71.49 8086 6768 40.73 7647 71.81 8170 68.27 40.22 7474 67.91 7685 6204 39.30 7099 66.16 7478 5909 3832 7050 63.86 7151 55 19 3857 6908 Yields (Standard & Poor's Corp.): Composite (500 stocks) Industrials (400 stocks) Utilities (40 stocks) Transportation (20 stocks) Financial (40 stocks) percent do ... do do .. do.... 526 4.94 977 4.04 5.75 520 4.90 10 18 3.40 5.41 500 4.68 1033 3.22 5.62 488 457 1023 306 5.38 486 455 1046 298 5.41 498 467 1033 317 5.38 503 4.76 1003 3.22 4.95 5 18 4.88 1007 3.34 5.35 5 16 4.86 978 346 5.43 569 5.38 1049 399 5.74 565 5.35 1046 380 5.47 554 528 992 367 5.19 557 5.28 1022 376 5.48 595 564 1074 420 589 606 575 1077 438 579 Preferred stocks, 10 high-grade do.... 10.60 12.36 11.83 11.81 11.81 12.30 12.23 12.43 12.63 13.01 13.09 12.76 12.83 13.19 13.20 mil $ millions. 475 850 15,486 490 688 15,910 33 153 1039 49 120 1526 48253 1459 41252 1278 46694 1,520 42649 1,310 37728 1,224 33534 1,220 39673 1380 37495 1303 38692 1365 33445 1 222 mil. $. millions.. 397,670 12,390 415913 12,843 27987 834 41 888 1,239 41575 1,204 34253 1019 39713 1,232 36340 1,064 31 769 973 28378 974 33826 1,129 32029 1062 32701 1,092 28301 987 954 921 959 996 988 959 968 Sales: Total on all registered exchanges (SEC): Market value Shares sold On New York Stock Exchange: Market value Shares sold (cleared or settled) New York Stock Exchange: Exclusive of odd-lot and stopped stock (sales effected) sales millions Shares listed, N.Y. Stock Exchange, end of period: Market value, all listed shares bil. $.. Number of shares listed millions.. 11352 11854 1,242.80 33.709 1,143.79 38.298 816 1 175 1 123 906 1 101 972 VALUE OF EXPORTS Excl. Dept. of Defense shipments Seasonally adjusted By geographic regions: Africa Asia Australia and Oceania Europe Northern North America Southern North America South America By leading countries: Africa: Egypt Republic of South Africa Asia; Australia and Oceania: Australia, including New Guinea Japan See footnotes at end of tables. mil. $.. 220,704.9 1233,739.0 18 845 4 22 928 5 205119 19 988 7 20,261.5 18 569.0 17 766.4 18 819.2 19 896 8 19 047 7 19 139 9 175153 17 637 3 do.... 220,548.7 '233,677.0 18,838.0 22,917.7 20,509.3 19,986.1 20,254.7 18,565.2 17,764.2 18,816.1 19,893.5 19,040 0 19,130.0 17 507.9 17 635 5 do . 19 788 2 21 277 8 19 786 1 18 899 0 19 749 8 19 289 4 19 030 8 19 550 7 19 163 2 19 152 9 18 885 4 18 736 7 18 703 6 do do do.... do.... 90604 '110974 60 168 3 '63 848 7 4,875.7 '6,435.8 71,371.4 '69,714.7 7294 48974 413.8 6,069.1 10977 998 1 9286 64502 5 466 1 5 104 0 498.6 514.1 555.7 7 141.1 60684 57954 do.... 35,399.0 '39,565.8 do.... 21,337.7 '24,368.7 do 17 376 8 '17732 1 3,239.5 1,832.7 16499 3,747.1 36390 2,213.0 2,157.5 1 7590 15095 do do.... do.... do.... 18736 2,463.5 1 270 1,203.16 1,248.95 1,229.56 1,238.19 1,224.74 1,224.89 1,149.19 1,080.56 1,134.19 1,181.82 1,143.79 1,115.82 1,053.75 1,036.85 34.211 34.670 34.967 35.545 36.859 37.404 37.567 37.709 37.874 38.144 38.298 38.408 38.572 38.588 FOREIGN TRADE OF THE UNITED STATES Exports (mdse.), incl. reexports, total @ 12.97 10884 52934 692.7 53380 9363 9747 52806 48375 515.0 559.1 52141 50193 8754 944 4 7955 9254 5 010 8 5 582 6 5 286 4 56288 589.2 545.2 582.4 '544.1 57099 60402 57200 59125 8506 5 172 3 461.4 5545 1 3691 1 3 927.8 2,271.1 2,312.6 15226 15009 29773 3 1030 2,082.3 1,834.2 14696 13382 33027 3 1458 32138 28417 1,889.1 2,070.6 2,002.4 1,888.3 13648 14230 1 408 5 13056 24638 1,703.4 1 318 6 '2 159 4 '2,911.7 164 7 214.3 193 8 271.1 1980 260.4 193 3 265^3 285 0 250.0 184 2 267.9 193 8 233.4 132 7 230^2 177 6 266.9 140 7 2220 142 8 215.9 172 6 230^9 4,130.7 '5,297.5 20,790.0 '21,823.0 355.9 1,746.0 417.0 2,161.1 426.9 1,756.1 424.2 1,595.2 488.6 1,786.8 430.1 1.900.0 477.7 1,594.2 464.9 1.678.1 490.8 1.859.0 464 1 1.940.1 486.6 2.064.6 3912 1.785.8 S-17 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual 1982 1981 Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. FOREIGN TRADE OF THE UNITED STATES—Continued VALUE OF EXPORTS— Continued Exports (mdse.), incl. reexports—Continued Europe: France mil $ German Democratic Republic (formerly E. Germany) mil. $.. Federal Republic of Germany (formerly W. Germany) mil. $.. Italy Union of Soviet Socialist Republics United Kingdom North and South America: Canada 74854 17 340 5 6307 8473 7058 652 1 5508 5128 5185 6132 5552 5739 5627 478.6 '2957 50.1 339 400 252 52 146 90 9.0 249 17.7 164 49.9 864 1 9400 7379 8085 do ... 5,511.1 '5 360 0 460.6 3945 5743 4737 4249 3520 do.... 1,512.8 '2,431.3 258.4 141.6 43.1 80.3 127.2 1991 do 12 693 6 '124392 1 1218 12403 1 1564 1 1112 10884 1 1465 7637 8877 9002 8464 7989 8225 4447 1013 8854 4196 257.4 9521 3904 280.8 9268 4590 239.9 9083 5480 358.3 9406 4136 3980 912 1 10,959.8 '102767 8636 do.... 35,395.3 '39 564 3 3,239 5 do.... 36 030 4 '38 950 1 32512 do 43435 13 798 2 4533 do.... 15,144.6 '177887 13299 do 45728 '5 444 9 4748 do.... 216,592.2 '228,960.8 18 522 0 do 216 436 0 '228 898 7 18 514 6 do .. 41 255 9 '43 338 5 38258 do.... 175,336.3 '185,6226 14 696 2 Latin American republics, total # Brazil Mexico Venezuela Exports of U.S. merchandise, total § Excluding military grant-aid Agricultural products, total Nonagricultural products, total By commodity groups and principal commodities: Food and live animals # Beverages and tobacco Crude materials, inedible, exc. fuels # Mineral fuels lubricants etc # Oils and fats, animal and vegetable Chemicals Manufactured goods $ . Machinery and transport equipment, total Machinery total 4t Transport equipment, total Motor vehicles and parts mil $.. do.... do.... mil $.. do.... do.... do . 10259 36390 36910 39277 29770 3 1030 33025 3 1457 3 213.6 28417 36903 3395 1 35332 35617 32720 29336 29777 32417 3 089.2 29334 2565 2520 3308 332 1 347 1 287 3 2698 3023 2577 348 3 16200 16039 16734 17358 15130 13144 13754 15422 14026 13808 4368 453 1 5088 4878 4824 4385 5087 3999 4393 4672 37470 22 494 1 22 483 3 46669 17 827 2 20,102 3 20 099 7 37514 16 350 9 19 618.1 19 615 5 35668 16 051 3 19 851 9 19 845 1 3 1912 16 660 7 27 743 7 '30 290 8 27092 3004 1 26405 2412 1 23307 2177 2,663.0 '2,914 7 2190 1983 2623 2375 23,790.7 '20,992.4 1,843.5 2,325.9 1 823.9 1,865.0 1,594.4 79823 '102790 7455 6377 6138 7053 8262 1,946.3 '1,7503 145.4 1247 2068 1518 1645 20,740.2 '21 187 1 16845 20446 22 254 6 '20 632 5 16648 20246 mil $ 84 552 9 do 55 789 7 do. .. 28,838.8 do 14 589 6 '95 717 2 '62 945 5 '32,790 9 '162140 5234 17639 19409 75222 9395 1 86514 48506 6047 1 54561 26733 33518 3 1961 13345 15925 15315 18592 18933 18194 18022 18,198.6 18 194 9 28418 15 356 8 17 455 8 17 453 6 29264 14 529 4 18 376.5 18 373 4 32032 15 173.3 19,466 4 19 463 1 39256 15 540 9 18 646 0 18 638 3 37754 14 870 6 24635 27574 3062 1 1878 1 380 8 18 631 1 17 129 0 18 621 1 17 121 6 35965 32547 15,034.6 13 874 3 23423 22412 25170 2691 1 23353 23153 20649 2 1885 375 1 3048 2089 250.0 1944 1873 259.8 236.8 1,244.5 1,301.0 1,376.6 1,831.5 1,930.7 1,811.4 1,724.7 1,782.6 9584 1 131 1 10977 1 1062 10485 10509 9186 9190 124.3 1319 121.5 1584 1028 167.3 1294 168 1 18260 1644 1 1 684.9 17982 1 665.5 17154 15942 1,662.1 1660 1 1559 1 16607 16517 16236 14463 14569 13887 84598 8840 2 75972 74715 53714 56147 52990 48799 30891 32264 22989 2592 1 16038 15734 12973 1 196 4 78454 80018 75294 79312 5 1972 54575 5 1677 50122 26490 25450 23676 29210 13068 13255 12673 1 124 8 7 1267 69794 48498 22814 10237 VALUE OF IMPORTS do 240 834 3 '261 304 9 21 124 3 21 362 6 22 775 2 21 454 2 22 522 2 20 349 6 22 617 5 20 748 7 23 555 1 22 555 0 19 663 4 do . 21 921 7 20 949 3 22 289 2 21 309 9 21 974 7 19*8067 23 528 3 21 228 6 23 234 4 22*521 5 19 516 3 General imports total Seasonally adjusted. By geographic regions: Africa Asia Australia and Oceania Europe Northern North America Southern North America South America By leading countries: Africa: Egypt . . Republic of South Africa do .. do do .. do do do .. do.... . Asia; Australia and Oceania: Australia, including New Guinea Japan do .. do.... Mineral fuels lubricants, etc Petroleum and products Oils and fats, animal and vegetable Chemicals -,., i . ,**, Machinery total # A f K'l A V pou'nrnpnt r* See footnotes at end of tables. 371-676 0 - 82 - S3 4584 3,320.5 '3973 '2,445.3 515 181.5 23020 32195 22046 29736 7 161 0 74684 73557 7 438 7 1875 3158 '2593 3056 45065 45881 4 410 8 4 516 2 39900 39222 4 1423 40515 19213 2 1286 19944 2 1148 1,294.0 1 132.3 1,086.8 1 1216 50 1 219.8 214 197.4 310 2249 549 1713 17230 72658 2397 45651 36778 1 7138 1 164.4 19509 84506 256 1 4938 1 36409 20740 1,306.6 57 2155 155 185.4 1 785 1 16696 76290 9 1027 '3420 '3085 40556 46542 37077 42598 18996 2 1557 1,329.7 1,404.2 286 151.2 514 180.9 4 ?1322 36060 1 874 7 18263 1 302.7 1,211.3 33 352.4 '5,851.4 455.8 4653 4567 5019 4699 4403 5291 432.2 466.9 599.6 534.1 439 '477 29 38 41 38 41 25 51 3.6 4.5 4.0 4.4 7580 9700 10110 396.7 395.6 397.6 197 324 445 8691 1 1191 1 103.9 9719 431.6 184 9895 950 1 7893 9183 9878 972.1 433.5 409.0 429.1 411.8 494.8 158 133 390 14 1 31 7 1,189.4 1,131.7 1,505.0 1,126.2 1,085.2 9987 494.4 27.8 954.7 2 3 508 5 Z 18606 2 1,452.5 24.3 131.0 5,247.0 11 681.2 '113790 4,313.1 '5,189.0 4532 '3475 9 755.1 '12834.6 18 265 2 22 828 8 190904 1 797.2 1,367.3 22 358.5 86360 69614 282466 5 241 1 2805 2005 45707 4 4103 24 758 5 161.7 261.0 177.2 235.4 187.8 194.3 223.3 238.3 mil. $.. 2,562.3 '2,514.8 143.9 195.3 190.3 do 30 701 3 '37 612 1 23412 3053 1 32230 30305 3 1476 3 1407 35429 29101 36989 33265 3001 5 Europe: France do ... German Democratic Republic (formerly E Germany) mil $. Federal Republic of Germany (formerly W Germany) . . . .. mil $. Italy do.... Union of Soviet Socialist Republics do United Kingdom . do .. North and South America: Canada do.... Latin American republics total # do Brazil do .. Mexico do Venezuela .. . do.... By commodity groups and principal commodities: Agricultural products, total mil. $.. F°d dl' ' al Beverages and tobacco . Crude materials, inedible, exc. fuels # 32 250.9 '27 070 6 30445 78 848 0 '92 032 6 6555 1 33919 '3 352 7 2550 47 849 7 '53 409 7 40334 41 470 9 '46 432 0 3678 1 22 656 9 '23 477 4 20124 14,361.6 '15,526.4 1,545.6 Z 22 606 0 2 1,055.9 503.3 80 906.3 2 426 168.1 2 2 2 154.7 3 720 0 2 5110 2 3.6 2 12087 4 499.2 2 184 2 981.7 41,455.4 '46,413.8 3,676.4 39877 3 921.6 4,140.9 4,048.8 3,677.2 3,638.7 3,705.5 4,258.9 4,132.2 3,603.9 23,507.8 2 29 851 2 '32 023 3 29335 26366 26590 24353 25628 23819 26166 26515 30157 27556 2573 1 22759 9 395.0 376.4 2 335.4 297.1 411.8 412.6 3,714.6 '4 474 5 4136 3376 3492 352.1 356.4 382.4 9875 1 1226 1 1192 13624 1287 1 1 1709 12 1166 12 519 5 '13765 1 1 1672 1 1049 12454 10722 12077 472.7 373.5 436.6 5,297.1 '5,566.0 4070 496.5 324.2 310.3 433.5 514.8 467.0 602.2 612.3 17,425.0 '17,003.4 1,714.8 1,506.3 1,417.6 1,552.3 1,306.7 1,184.8 1,394.7 1,290.0 1,428.0 1,247.7 1,367.9 223 409 2 '244 301 4 19 471 8 19 826 6 21 326 7 19 891 4 21 182 9 19 132 4 21 276 8 19 487 8 22 107 4 21 305 4 18 285 2 d 15 762 7 '152376 13409 13729 12250 13712 12409 1 1616 1 176 1 1 1507 12954 1 1327 12992 299.9 219.7 239.3 316.3 238.9 311.7 231.3 285.5 2449 261.5 2,771.5 '3 138 3 236.0 do . 944.7 696.1 829.2 824.3 891.9 873.2 989.3 1,038.3 1,129.7 1,061.4 do.... 10,495.9 '11,193.4 1,029.4 do.... 79,057.7 '81,416.9 73 770 9 '75 577 3 do '479.5 533.4 do.... do.... 8,582.7 '9,445.9 32 1904 '37 291 9 do 60 545 7 '69 627 2 31 903 6 '38 212 2 do 28 642 0 '314152 A 94 1 33 9 l9.fi9.1fiQ 7,943.4 6,475.9 7,835.5 6,078.2 7,255.5 5,692.0 73447 59925 7 368.9 5,651.8 6,853.8 5,264.9 32.0 38.3 24.9 40.5 46.6 60.0 815.9 707.8 767.4 818.1 825.4 794.1 2795 1 28077 3 1250 32210 3 1799 30923 4694 2 5984 2 5954 3 58538 59227 56942 2611.4 3 174.3 3,125.4 3,112.3 3,204.1 3,198.0 20828 28100 28289 27415 27186 24963 1 fiR94 9. 394 fi 9 399 9 29987 2 afifi 3 2.097.6 6,880.5 6,557.9 6,643.7 6,613.2 5,426.9 6,436.2 6,154.3 6,153.7 6,113.7 4,854.3 40.4 35.3 37.2 41.4 32.8 718.2 691.3 929.0 816.6 826.3 34402 58830 3,376.9 2506 1 2.089.7 3,077.0 3,455.1 52546 66066 3,146.3 3,819.0 2,108.4 2,787.5 1.752.4 2.370.7 3,287.0 2,901.1 64526 57113 3,586.7 2,971.3 2,865.9 2,740.0 2.290.6 2.296.2 2 1,306.8 2 2,460.3 21 343 0 12035 8 948.4 193.5 285.8 2 669.2 740.9 2 7,439.3 5,107.2 2 6,830.8 2 42.8 19.2 2 667.7 777.4 2 3,225.9 2,830.9 2 6 1997 52639 2 3,318.1 2 2,881.6 2 2.436.4 2 Mar. SURVEY OF CURRENT BUSINESS S-18 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual April 1982 1982 1981 Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. FOREIGN TRADE OF THE UNITED STATES—Continued Indexes Exports (U.S. mdse., excl. military grant-aid): Unit value . 1977-100 Quantity do Value do General imports: Unit value do Quantity do Value do 138 1 1329 1836 1508 1288 194 1 1490 1264 1884 1484 1542 2288 1504 1360 2046 151 1 132 1 1996 1497 1349 2020 152.2 1217 1852 151.0 1176 1776 151.3 1236 187.0 1528 1296 198 1 153.0 1240 1897 152.9 1239 1895 156.2 1116 174.2 161.4 1026 1655 1703 '1052 179 1 1743 997 1738 176 1 998 1758 175.9 1065 1873 172.5 1023 1765 1724 1076 1854 170.0 985 1674 167.8 1109 186.0 166.3 1026 170.6 166.4 1163 1936 165.7 1119 1853 167.4 965 1616 170.7 109 1 186.2 Shipping Weight and Value Waterborne trade: Exports (incl. reexports): Shipping weight thous sh tons Value mil $ 401 172 118 835 30016 9860 36416 12046 32482 10524 30656 10563 29244 9754 33589 9,809 33551 9,075 36081 10,079 39812 10,871 487,936 164 924 40,302 14657 34,240 14073 41,019 15909 37,102 14335 42,874 15603 35,014 13649 43,812 15959 39,482 14 123 40,316 15765 20.16 57.7 2,673 18.06 54.7 2,419 20.38 57.2 2,651 19.62 55.5 2,457 General imports: Shipping weight Value thous sh tons.. mil $ TRANSPORTATION AND COMMUNICATION TRANSPORTATION Air Carriers (Scheduled Service) Certificated route carriers: Passenger-miles (revenue) bil Passenger-load factor percent Ton-miles (revenue), total milOperating revenues (quarterly) # § Passenger revenues Cargo revenues Mail revenues Operating expenses (quarterly) § Net income after taxes (quarterly) § mil. $.. do.... do.... do do.... do.... Domestic operations: Passenger-miles (revenue) Cargo ton-miles Mail ton-miles Operating revenues (quarterly) § Operating expenses (quarterly) § Net income after taxes (quarterly) § bil mil . do mil. $.. do.... do.... International operations: Passenger-miles (revenue) Cargo ton-miles Mail ton-miles Operating revenues (quarterly) § Operating expenses (quarterly) § Net income after taxes (quarterly) § bil mil . do mil. $.. do.... do.... 254.18 59.0 32,487 248.39 58.5 31,886 17.00 54.2 2,214 2 33,267 2 22,791 2 2,427 621 2 33,462 2 -90 200.09 3,274 944 19.84 56.8 2,591 8,367 7,108 577 157 8,536 217 20.26 58.4 2,603 21.82 61.0 2,776 22.86 60.8 2,876 24.46 60.8 3,057 24.50 68.2 3,023 19.72 57.6 2,566 9,729 8,195 625 161 8,600 73 9,416 7,963 625 159 9,292 3 198.13 3,338 994 14.08 246 78 16.49 286 86 6,964 6,993 -65 16.42 278 85 17.41 289 81 17.82 292 77 7542 7409 41 18.94 297 78 18.64 273 75 15.15 289 78 7463 7,442 -12 15.97 308 85 14.78 271 76 16.70 264 111 15.92 225 79 50.28 2,337 376 2.92 162 28 3.36 204 31 1,403 1543 -152 3.84 184 31 4.41 194 31 5.04 191 29 1,627 1641 -36 5.52 207 29 5.86 196 29 4.57 199 29 1,932 1,859 61 4.19 232 32 3.29 229 36 3.68 194 43 3.70 162 29 7,948 644 726 690 676 693 615 625 645 693 643 26,376 26,383 Z 156 2 54.09 2,458 392 a 6,891 2 7,079 2 -246 5 12.98 Urban Transit Systems Passengers carried, total Motor Carriers r 8,228 mil . Carriers of property, large, class I, qtrly.: Number of reporting carriers Operating revenues, total mil. $.. Net income, after extraordinary and prior period charges and credits mil. $.. Tonnage hauled (revenue), common and contract carrier service nail tons Freight carried—volume indexes, class I and II intercity truck tonnage (ATA): Common and contract carriers of property (qtrly ) average same period 1967 — 100 Common carriers of general freight, seas adj 1967—100.. Class I Railroads t 100 3,921 100 4,264 100 4,301 284 25 92 78 183 46 47 46 100 15,538 Financial operations, qtrly. (AAR), excl. Amtrak: Operating revenues, total # mil. $.. Freight . do . Passenger, excl. Amtrak do.... 148.7 '147.1 28,258 26,350 439 30,904 28,925 535 28,583 1,362 3 2,055 151.9 do do.... do 26,351 3,142 3 1,130 . bil . do.... 1969=100.. 933.1 914.6 285.5 911.9 327.7 ""317.7 Hotels and motor-hotels: Restaurant sales index.... same month 1967=100.. Hotels: Average room sale 1J dollars.. Rooms occupied % of total.. Motor-hotels: Average room sale fl dollars.. Rooms occupied % of total.. 182 49.48 65 35.30 66 194 56.39 68 38.31 67 Operating expenses . . Net railway operating income Net income (after taxes) . Traffic: Ton-miles of freight (net) total, qtrly Revenue ton-miles, qtrly. (AAR) Price index for railroad freight 150.6 153.3 153.6 153.4 151.1 145.8 139.7 134.9 126.2 r 651 127.5 603 623 "132.0 7,697 7,191 143 7,660 7,182 121 6,960 469 636 7,582 7,101 126 7,179 274 341 7,966 7,452 144 7,331 428 498 236 1 236.6 321.4 ""321.0 ""32i"4 2298 222.5 324.3 ""333.2 ""mS 227 1 227.5 333.6 337.6 337.8 225.1 337.5 198 58.11 74 37.42 72 200 56.29 73 38.00 70 214 54.90 72 40.15 73 191 55.55 67 38.56 67 215 59.56 74 38.85 68 189 58.72 64 38.57 59 195 57.95 50 38.21 50 335 317 2,244 2,709 3012 2,393 363 323 3,556 5,237 7,892 10,955 7,113 192 580 349.7 349.9 Travel Foreign travel: U.S. citizens: (quarterly) (quarterly) Aliens: (quarterly) (quarterly) Passports issued National parks visits See footnotes at end of tables. thous.. do.... do.... do.... do.... do.... 2 9,010 2 2 9,971 11,252 2 9,285 3,020 59,081 176 56.17 68 37.61 64 r 8,905 T r 9,978 ll,976 r 9,933 3,222 62,237 237 2,092 2,012 2,148 2,401 1,961 338 2,622 191 57.28 73 38.14 71 214 56.05 69 39.42 76 192 49.44 68 38.79 76 272 11,226 2,666 2,863 3,858 3,199 225 6,865 196 5,032 172 2,719 1,965 2,208 2,681 2,339 210 2,023 4 700 4 703 4 877 4 759 208 260 208.2 350.1 S-19 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Mar. Feb. Annual 1982 1981 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. TRANSPORTATION AND COMMUNICATION—Continued COMMUNICATION Telephone carriers: Operating revenues # mil $ Station revenues do.... Tolls message . do Operating expenses (excluding taxes) do. Net operating income (after taxes) do.... Phones in service end of* period . . . mil Telegraph carriers: Domestic: Operating revenues mil $ Operating expenses do Net operating revenues (before taxes) do. . Overseas, total: Operating revenues do Operating expenses do.... Net operating revenues (before taxes) do— 5048 2,236 1931 3352 913 1645 5307 2,244 2 144 3498 985 1647 5275 2,272 2 102 3577 888 1650 5303 2,288 2076 3574 923 1648 5,503 2,330 2 199 3620 1,019 1648 5714 2,338 2319 3727 1,074 1648 5,772 2,360 2340 3703 1,117 1646 5816 2,415 2310 3812 1,085 1653 5,838 2,466 2354 3,820 1,111 1653 5,806 2,463 2264 4,060 950 165 1 697 1 5615 959 585 482 7.1 630 493 10.3 640 500 108 619 486 7.3 684 549 9.3 680 555 8.9 682 530 11 4 677 560 78 676 568 7.7 657 53 1 9.1 5 5342 5 374.4 5 45 1 32.2 10.8 500 34.0 13.7 480 352 10.7 466 36.0 8.5 495 28.3 11.1 502 38.3 9.9 470 39.4 5.4 50 1 39 1 8.7 512 36.9 12.1 480 37.4 8.5 56738 24,333 22983 37983 10,194 1599 66,498 28,117 26505 44,594 11,903 1649 137.4 5,978 2,503 2394 4,505 865 1649 5,911 2,508 2324 3,924 1,041 1045 CHEMICALS AND ALLIED PRODUCTS CHEMICALS Inorganic Chemicals Production: Aluminum sulfate, commercial (17% A12O3) $ thous. sh. tons- r 1,286 Chlorine gas (100% C12) $ do— ll,421 Hydrochloric acid (100% HC1) $ do.... '2,895 r Phosphorus elemental^ do 432 1 Sodium hydroxide (100% NaOH) $ do.... 11,606 Sodium silicate, anhydrous $ do.... '786 r Sodium sulfate, anhydrous $ do. .. l,139 Sodium tripolyphosphate (100% Na5P3010) t r 789 do— Titanium dioxide (composite and pure) t do.... '727 Sulfur, native (Frasch) and recovered: 1 Production . thous Ig tons 10,271 Stocks (producers') end of period do.... 3,042 Inorganic Fertilizer Materials Production: Ammonia, synthetic anhydrous $ thous. sh. tons- '19,653 r Ammonium nitrate, original solution $ do— 9,127 Ammonium sulfate $ do.... '2,136 Nitric acid (100% HNO3) $ do.... '9,232 Nitrogen solutions (100% N) $ do.... '2,773 Phosphoric acid (100% P2O5) $ do— '10,938 Sulfuric acid (100% H2SO4) $ do.... 44,272 Superphosphate and other phosphatic fertilizers (100% P2O5): Production thous. sh. tons.. 8,339 Stocks, end of period do 372 Potash deliveries (K2O) fl do 6,950 Exports total # do 29,445 Nitrogenous materials do 3,668 Phosphate materials do 17,524 Potash materials do 1,815 Imports: Ammonium nitrate . . . do 247 Ammonium sulfate do— 289 Potassium chloride do 8,907 Sodium nitrate do.... 158 Industrial Gases Production: Acetylene $ mil. cu. ft... 5,493 Carbon dioxide, liquid, gas, and solid thous. sh. tons3,720 Hydrogen (high and low purity) $ mil. cu. ft.. 106,064 Nitrogen (high and low purity) $ do— 478,964 Oxygen (high and low purity) $ do— 430,729 Organic Chemicals § Production: Acetylsalicylic acid (aspirin) mil. lb.. '33.7 Creosote oil ... . . . . . mil gal 152.5 Ethyl acetate (85%) mil. lb. '233.6 Formaldehyde (37% HCHO) . . . do '5,555.3 Glycerin, refined, all grades do 314.8 Methanol, synthetic mil. gal.. '1,077.3 Phthalic anhydride mil lb '818.2 ALCOHOL Ethyl alcohol and spirits: Production mil. tax gal'643.0 Stocks end of period do 72.0 Denatured alcohol: Production mil. wine gal 300.8 Consumption (withdrawals) do.... 282.8 Stocks end of period do 10.7 See footnotes at end of tables. 1,206 10,557 2,444 426 10,651 738 1,162 91 904 209 34 910 58 115 94 932 217 38 952 69 98 102 960 210 38 965 70 98 99 947 210 39 962 55 99 98 937 221 36 945 73 95 114 893 221 34 894 62 96 97 874 202 37 873 59 96 119 851 183 34 861 69 95 106 837 173 38 826 61 92 93 765 173 32 767 57 89 101 771 184 30 772 54 97 686 748 57 60 60 63 61 68 59 70 66 68 57 61 58 57 53 65 56 65 51 58 53 55 10,369 3,571 818 2,989 869 2,918 838 2,876 878 2,859 875 2,824 915 2,930 914 3,044 852 3,203 834 3,235 842 3,367 844 3,571 19,042 8,791 4 1,642 9,040 4 2,948 9,914 40,360 1,535 736 (2) 764 235 873 3,480 1,733 839 217 875 284 941 3,829 1,698 778 219 804 279 961 3,808 1,632 741 188 760 4 263 927 3,656 1,582 651 181 695 4 235 918 3,560 1,545 673 199 714 4 250 850 3,412 1,510 617 165 657 4 231 676 2,896 1,537 684 152 717 252 742 3,142 1,547 744 (2) 742 4 224 760 3,096 1,491 723 148 728 218 690 2,869 1,569 768 (a) 752 4 220 707 2,908 16,907 1,080 6,478 22,391 2,834 13,308 1,203 1,553 1,338 556 1,803 258 1,125 75 1,717 1,417 651 1,864 226 1,225 94 1,693 1,374 687 1,859 245 1,184 114 1,632 1,339 441 2,015 259 1,175 97 1,514 1,414 514 1,949 227 1,076 110 1,436 1,561 513 2,184 333 1,143 116 1,092 1,321 806 1,659 124 979 103 1,158 1,211 378 1,872 220 1,029 90 1,261 1,177 399 1,512 167 880 93 1,112 1,276 550 1,579 221 982 101 264 327 8,601 159 18 13 681 13 31 46 876 25 45 28 806 35 19 46 598 16 16 10 651 12 14 16 623 10 16 29 948 0 15 17 786 16 26 10 655 26 4,904 404 440 409 397 388 389 353 425 3,982 101,563 485,046 421,748 288 9,490 38,322 32,983 324 8,582 41,248 37,153 355 8,625 40,052 36,281 324 8,746 41,797 37,964 345 8,490 40,396 35,726 385 8,544 40,921 36,147 353 7,630 40,939 34,158 324 8,785 41,225 34,930 29.6 117.9 '278.9 '5,854.6 299.1 '1,266.2 '810.7 2.6 10.2 20.8 506.8 20.7 99.7 53.0 3.4 10.5 23.1 531.9 25.3 97.1 96.0 3.2 10.4 27.2 576.5 27.1 114.5 84.7 1.9 11.0 22.2 537.0 25.7 100.5 87.1 1.6 10.8 20.6 504.2 27.0 108.2 81.4 1.8 8.7 24.2 461.2 25.3 112.5 60.6 2.8 8.2 22.7 593.0 24.2 84.6 72.5 44.3 64.8 49.3 73.6 50.9 69.8 44.0 76.2 42.2 67.5 45.3 72.5 18.7 18.2 8.2 17.4 17.7 6.6 19.3 18.5 4.5 18.0 17.5 4.0 23.4 23.0 3.1 17.2 16.6 3.4 3 3 '782 '3,651 733 3,689 1,080 1,080 614 1,834 246 1,148 100 416 1,497 243 860 62 396 1,637 212 1,135 30 26 12 577 6 17 58 719 0 21 20 670 12 16 24 552 0 392 384 443 335 8,300 41,545 36,440 324 7,669 39,246 32,603 314 8,042 39,209 31,688 2.9 10.2 20.9 494.7 29.8 99.5 80.3 2.4 9.9 26.0 483.1 28.7 104.7 49.3 2.1 8.8 24.8 435.8 22.7 107.7 48.4 1.8 8.8 18.2 376.5 16.7 121.5 57.1 2.1 5.2 13.7 375.0 17.1 93.0 53.8 2.4 6.4 11.0 379.0 55.8 75.4 53.1 78.7 44.0 75.8 18.0 17.3 3.5 18.8 18.5 3.1 20.7 18.9 3.4 85.8 42.1 Mar. S-20 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 April 1982 1981 Annual Feb. Mar. Apr. May June July 1982 Aug. Sept. Oct. Nov. Dec. Jan. Feb. CHEMICALS AND ALLIED PRODUCTS—Continued PLASTICS AND RESIN MATERIALS Production: Phenolic resins mil. lb.. 1 1,744.9 '1,489.0 Polyethylene and copolymers do.... '11,719.9 '11,998.4 Polypropylene do.... 13,699.0 '3 948.1 '5 540 1 '5 686 6 Polystyrene and copolymers do Polyvinyl chloride and copolymers do.... '5,485.4 '5,663.3 MISCELLANEOUS PRODUCTS Explosives (industrial), shipments, quarterly mil. lb.. '3,000.4 30036 Paints, varnish, and lacquer, shipments: 76359 83917 Total shipments . . . . mil. $. Architectural coatings do.... 3,641.2 3,966.4 Product finishes (OEM) do 24185 27357 Special purpose coatings do.... 1.576.2 1.689.5 237.0 173.8 238.5 942.2 1,116.6 1,063.3 332.4 3356 318.6 5839 5010 4485 554.3 551.0 476.5 225.6 151.8 125.1 192.5 1,058.4 1,001.2 1,005.5 1,032.7 346.6 328.1 357.4 347.3 4683 4566 4902 4989 517.4 500.0 552.5 552.2 599.7 741.2 5932 259.2 2138 120.2 728.1 339.5 2495 139.1 7745 374.6 2483 151.6 7708 385.4 2404 145.0 8518 426.1 2612 164.5 125.4 984.3 316.9 4963 451.1 129.5 954.2 327.3 4916 402.2 104.9 886.8 3014 4332 384.9 101.8 825.9 273.3 4046 310.6 7042 315.1 2357 153.3 r 572.0 r 248.1 r 509.6 223.4 1845 101.7 784.8 390.5 232.7 161.7 773.2 372.5 2330 167.7 100.7 845.8 304.5 3975 384.5 816.7 846.1 774.4 396.8 2249 152.7 93.2 814.6 276.4 3518 329.0 2030 121.0 ELECTRIC POWER AND GAS ELECTRIC POWER Production: Electric utilities, total .mil. kw.-hr.. By fuels do By waterpower do . Sales to ultimate customers, total (Edison Electric Institute) $ . . . mil kw -hr . Commercial and industrial: Small light and power § do Large light and power § do Railways and railroads do.... Residential or domestic do Street and highway lighting do Other public authorities do Interdepartmental . .. do. . Revenue from sales to ultimate customers (Edison Electric Institute) $ mil. $.. GAS Total utility gas, quarterly (American Gas Association): Customers end of period total . thous Residential do Commercial . do.... Industrial do Other do Sales to customers total tril Btu . C ' 1 do Industrial Other Residential Commercial Industrial Other do do do do.... . . . do. . do 179 624 185,435 172,369 177,656 202,694 220,164 210,245 186,858 181,377 158490 164 863 151 646 153 574 176325 195 032 188,610 169 016 163 264 21 134 20572 20723 24081 26370 25133 21,635 17,842 18,114 2,286,034 2 010 013 276 021 2 095 333 2 111 899 180 663 172,296 164 971 162 656 174,208 191,316 192,116 183,125 170,764 163,665 173,711 509 547 791 241 4292 720 784 14566 48426 6477 522 993 795 369 4,103 716 471 14921 51200 6841 91,618.7 105,868.3 42615 65632 365 65789 1345 4340 578 41 114 66251 367 58402 1317 4242 602 8,324.3 8,061.0 39710 66000 339 53024 1 152 4 175 571 40392 66040 331 49978 1206 4 125 584 48,848 47,192 69 198 68491 326 325 67472 61040 1 177 1206 4,284 4,481 614 587 43,184 66677 322 54522 1220 4,288 550 40,789 63968 329 52743 1302 3989 544 43,161 62252 355 61,929 1294 4,183 536 7,653.8 7,987.2 8,948.2 10,094.0 10,197.1 9,609.9 8,799.8 8,415.8 9,165.6 47,760 43,963 3,560 189 48 3,458 789 428 2,182 60 12416 3405 1,678 7,182 152 47840 44016 3,584 191 49 5,312 2 151 996 2068 97 18993 8336 3,725 6,662 269 47263 43528 3499 188 48 15409 4 823 2442 7862 283 48276 17 409 8,149 22081 637 44501 48,909 67497 68847 332 335 55789 67078 1 172 1 137 4,442 4332 572 581 FOOD AND KINDRED PRODUCTS; TOBACCO ALCOHOLIC BEVERAGES Beer: Production Stocks end of period Distilled spirits (total): Taxable withdrawals Stocks end of period Imports Still wines: Production i Taxable withdrawals i Stocks end of period $ Imports Distilling materials produced at wineries See footnotes at end of tables. do.... do do do do do do.... do 13.12 1239 13.38 13.93 12.91 12.95 15.19 11.90 14.16 41.07 54.09 30.70 12.32 9.12 7.03 6.33 8.80 54006 10.00 9.30 6.62 4.91 4.65 204 2.11 14.44 0.53 380 4.52 20.75 0.76 288 3.91 12.63 1.07 195 2.72 11.53 1.01 0.53 6.33 20216 3146 62050 8.37 67.97 101.90 3640 65667 10.24 32.05 26.59 3155 62490 11.12 1363 15.00 3096 604.31 10.91 10.50 9.96 6.49 14.61 1384 13.99 1887 1700 15.78 1863 1729 15.24 1668 14 75 1273 11 82 638 793 11 43 1371 11793 3088 62577 872 3568 57104 1004 37.03 63318 9.03 3442 62393 10.21 3772 63785 7.67 35.91 62126 8.56 33.36 618.00 8.33 34.75 61274 11.77 39.07 60960 13.32 8431 51202 86.00 86.53 8 13 553 47 5.06 1242 49791 7.64 1064 55833 6.88 844 55877 7.56 738 55579 5.30 3.68 55127 6.52 4.66 547 19 5.83 6.92 54360 9.32 26 20 25.28 r 927 483 3040 27.26 1153 766 2 42 1.03 1186 035 285 1.63 1320 0.38 242 1.73 1397 0.55 236 1.98 1447 0.64 305 2.42 1192 0.45 247 1.68 15.14 0.55 230 2.26 14.89 0.52 '50905 r 349 35 r 610 53 97.68 22438 46014 36368 60431 107.60 18820 504 25 14 548 25 7.52 352 587 3231 52679 7.44 281 543 29 13 494 01 7.70 294 562 2903 46663 9.34 596 445 31 20 428 05 7.97 524 584 29 51 40161 8.58 296 74.37 2666 43753 9.51 35.12 do Consumption, apparent, for beverage purposes i mil wine gal Stocks end of period i mil tax gal Imports mil proof gal Whisky: Production i mil tax gal Stocks end of period i do Imports mil. proof gal.. Wines and distilling materials: Effervescent wines: 18.80 1737 14.98 1768 1547 15.26 19408 173 37 1396 mil bbl 19369 17668 1295 14053 2 449 42 57802 11371 r 3 448 82 1458 1241 1495 1672 1501 15.12 1430 17.72 1622 14.53 15.72 14.68 14.42 Mar. S-21 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Feb. Annual 1982 1981 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. FOOD AND KINDRED PRODUCTS; TOBACCO—Continued DAIRY PRODUCTS Butter, creamery: Production (factory) @ Stocks, cold storage, end of period Price wholesale 92 score ( N Y . ) . mil. Ib do.... $ per Ib 1,1453 304.6 1448 1 236.8 429.2 1535 110.1 372.3 1537 mil Ib . do 3,983 1 23746 42045 25848 316.5 198 1 Cheese: Production (factory), total @ American whole milk @ Stocks cold storage end of period do American whole milk . . do Imports do.. . Price, wholesale, American, single daisies (Chicago) $ per Ib 1169 450.4 1162 473.6 966 507.5 84.1 515.5 3654 2245 3712 2375 3869 2535 3859 2436 347 1 2179 r 5936 r r 6324 r 116.7 407.4 1535 3337 2028 3245 1882 3388 1984 326.3 1913 365.4 2170 347.0 2184 325.8 2049 7194 6177 169 6943 5986 220 6824 5913 234 6775 5904 26.5 7096 6230 52.9 7173 6320 19.0 11.8 1678 1685 1 692 1684 1.684 1684 1679 1 678 1678 650 652 692 678 680 60 1 570 603 682 58.1 536 530 663 770 816 99 1 101 1 848 586 460 455 407 21 28 32 27 24 30 29 31 37 22 50 11511 6,718 1380 11 509 6,863 1360 12055 7,052 1350 11 576 6,830 1340 11344 6,456 1340 11 104 6,179 1340 10638 5,837 1380 10 751 5,902 1400 10384 5,530 1400 10847 6,155 1400 11047 6,370 1390 6.0 95.3 68 110.0 80 1229 85 1353 64 132.6 70 120.0 76 114.8 84 94.5 92 90.4 86 88.2 8.8 109.6 9.2 104.1 80 107.2 48 933 39 965 40 1020 46 1165 36 1163 33 99 1 29 1043 30 872 28 837 43 758 60 867 76 87.7 69 945 7247 751 7 547 604 518 460 369 395 434 349 34 29 Fluid milk: Production on farms $ do Utilization in mfd. dairy products @ do.... Price wholesale U S average $ per 100 Ib 128 525 71,687 13 10 132 634 75,637 1380 10 129 5,903 1400 Dry milk: Production: Dry whole milk @ Nonfat dry milk (human food)@ 827 1,160.7 92.1 1,306.8 53 850 60 867 do do r 1 678 1 640 Stocks, manufacturers', end of period: Dry whole milk . Nonfat dry milk (human food) 1168 1670 1672 mil Ib do.... 128.3 433.1 7142 6157 186 1562 do 108.9 429.2 6857 5850 168 5963 5086 11.6 . 942 451.1 6498 5556 137 7096 6230 247.6 Exports 1005 470.0 r 5399 195 5788 4796 2312 Condensed and evaporated milk: Production case goods @ mil Ib Stocks, manufacturers', case goods, end of month or year mil Ib 863 489.5 850 515.6 5039 153 1 669 10311 6,099 1380 '"P 13*70 176.2 198.0 7.2 11.4 14.6 24.2 31.4 26.3 30.9 17.0 8.2 7.9 2.0 9.4 12.6 0.887 0.939 0.936 0.937 0.939 0.939 0.939 0.938 0.938 0.939 0.944 0.942 0.940 0.936 0.936 39144 39142 3418 3619 326 1 2898 2899 2957 3012 3588 3696 3128 3186 2858 2995 85 82 151.1 147.2 Exports, whole and nonfat (human food) do.... Price, manufacturers' average selling, nonfat dry milk (human food) $ per Ib.. GRAIN AND GRAIN PRODUCTS Exports (barley corn oats rye wheat) Barley: Production (crop estimate) fl Stocks (domestic), end of period, total $ On farms £ Off farms Exports including malt § mil bu do do. . do do Exports, including meal and flour do.... mil bu do do .. do Exports, including oatmeal do.... Price, wholesale, No. 2, white (Minneapolis) $ per bu Rice: Production (crop estimate) mil. bags #.. California mills: Receipts, domestic, rough mil. Ib.. Shipments from mills milled rice do Stocks, rough and cleaned (cleaned basis), end of period mil. Ib.. Southern States mills (Ark., La., Tenn., Tex.): Receipts, rough, from producers mil. Ib.. Shipments from mills, milled rice do.... Stocks, domestic, rough and cleaned (cleaned basis), end of period mil. Ib.. Wheat: Production (crop estimate) total jf Spring wheat |J Winter wheat fl Distribution quarterly @ @ 6,644.8 58588 4 141.5 1 7173 2,485.3 2 4583 3910 329.3 61 7 918 2,159.3 48 1373 4 744 4 628 01 35 332.5 2307 1018 4510 3030 1480 15 67 124 120 165 87 77 3 2 774 2 3 18183 3 39872 2,641 1 1 346 1 199.8 222.2 5 185.3 207.6 69000 4 966.0 1 934 1 15 034 0 490 1 5 5438 9559 157.7 147.2 139.2 150.0 194.6 175.0 172.4 2 508 1 3647 3136 51 1 12.8 4 1769 4 1489 4 256 1 2117 44 4 3647 313.6 51 1 4578 3840 737 280 1.5 0.8 25 19 0.6 1.4 0.8 0.9 0.6 0.5 0.3 0.6 0.3 o 2 146.2 2 185.4 3,582 2711 3,359 2267 253 271 333 268 351 303 317 346 218 186 168 67 219 238 92 106 473 90 293 79 287 97 84 70 184 62 231 510 224 226 203 120 107 174 114 98 326 426 510 493 550 10,831 6,795 10,821 7,354 830 635 749 852 274 660 142 492 85 499 182 389 1,503 511 3,308 673 1,696 738 848 660 768 654 505 612 683 564 2,969 2763 2604 2342 1 853 1 456 1008 772 1,232 2722 3091 2,906 2,763 2,572 2300 6620 6 801 613 809 688 794 497 371 453 470 532 583 458 479 515 0.225 0.256 0.270 0.275 0.275 0.280 0.280 0.280 0.265 0.250 0.225 0.213 0.195 0.185 0.175 2 2 125.6 124.2 143.8 138.7 16.5 93 18.6 78 2 2 2 2 2374 2 479 1895 2 191 575 1,328.6 5389 7898 1,903.2 7534 1 1497 2,173.9 9548 12192 Exports, total, including flour Wheat only do.... do.... 1,344.5 1,309.5 1,647.7 1,610.8 4 69 2793 2 695 2099 2525 do.... do do 11 5 8,201 0 69000 49660 1 934 1 Stocks (domestic), end of period, total $ On farms $ Off farms . . . See footnotes at end of tables. 4 2034 113 4 900 2 9.1 mil. bu.. do mil bu do do do 4783 3325 2307 1018 689 2 Exports do Price, wholesale, No. 2, medium grain (Southwest Louisiana) $ per Ib.. Rye: Production (crop estimate) fl Stocks (domestic) end of period $ 2 3610 3034 1856 1178 do Corn: Production (crop estimate, grain only) 1J .. mil. bu.. Stocks (domestic) end of period total $ do On farms $ do. .. Off farms do Oats: Production (crop estimate) |j Stocks (domestic) end of period, total ± On farms $ Off farms 2 128.8 124.4 134.0 128.8 145 41 6 6 340 4 988.8 4 4143 4 5745 134.5 127.7 80.0 76.0 130.0 124.5 140.4 138.1 148.7 145.4 78 1049 561 2,733.9 1 2049 15290 2,173.9 9548 1 219.2 195.8 194.1 157.6 156.9 127.8 127.5 137.8 137.4 0.160 SURVEY OF CURRENT BUSINESS S-22 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 1980 April 1982 1982 1981 Feb. Annual Mar. Apr. May June July Aug. Sept. Nov. Oct. Dec. Jan. Mar. Feb. FOOD AND KINDRED PRODUCTS; TOBACCO—Continued GRAIN AND GRAIN PRODUCTS—Continued Wheat flour: Production: Flour $ thous sacks (100 Ib ) Millfeed $ thous sh tons Grindings of wheat $ thous. bu.. Stocks held by mills, end of period thous sacks (100 Ib ) Exports do.... Prices, wholesale: Spring, standard patent (Minneapolis) $ per 100 Ib.. Winter, hard, 95% patent (Kans. City) do.... r 285 579 r 5045 637,973 22787 399 51,084 24959 435 55,310 23967 424 53,402 23421 420 52,184 23521 416 52,643 23342 410 51,194 23665 431 53,323 24 189 436 54,589 24712 440 55,552 22835 410 50,982 3460 15,839 1,896 3897 2,241 2,932 1,724 3,895 2,350 987 1,420 4,222 724 284 10.844 10.347 11.113 10.400 10.975 10.275 11.100 10.525 11.075 10.313 11.125 10.525 10.813 10.275 10.750 10.300 10.588 10.200 14048 15008 1027 1203 1,236 1,258 1,320 339 198 392 238 0.270 0.270 0.290 0.285 0.255 193.6 193.4 15.0 16.6 15.9 31 24 35 22 0.628 282 655 4866 628,599 r 3842 15,014 1 10.566 lo.iie 1 r 22r 321 403 50,197 23993 429 53,794 117 3,460 184 605 2,165 10.525 10.025 10.675 10.313 10.338 10.763 10.638 10.950 10.700 10.738 10.638 1,377 0.256 r POULTRY AND EGGS Poultry: Slaughter mil Ib Stocks, cold storage (frozen), end of period, total mil. Ib.. Turkeys do.... Price, in Georgia producing area, live broilers $ per Ib.. Eggs: Production on farms mil. cases §.. Stocks, cold storage, end of period: Shell thous cases § Frozen mil Ib Price, wholesale, large (delivered; Chicago) $ per doz.. r r r 375 221 356 208 1,087 392 238 378 238 0.255 0.245 0.230 0.230 0.255 0.250 15.7 16.4 16.2 16.9 16.6 15.0 1,356 657 466 716 532 0.260 0.265 0.290 0.280 16.2 15.5 16.1 16.2 r r 31 22 25 23 41 24 0.690 0.672 0.629 0.697 0.622 0.629 r 2478 32,819 192 2,483 213 2,726 190 2,625 158 2,593 75.13 75.52 63.84 64.26 77.18 61.50 68.41 78.00 61.40 65.47 80.88 64.92 66.28 83.90 66.86 63.10 84.25 68.26 63.51 82.38 91882 87850 6873 7988 7993 7004 6682 39.48 44.29 42.78 39.88 40.15 41.96 14.4 14.9 12.8 11.9 12.0 12.6 r 31 22 1,227 469 305 1,306 596 401 r 423 256 r !8 24 1,191 703 528 1,336 509 327 r 397 229 r r r 20 27 19 25 21 26 38 24 35 22 26 21 0.675 0.687 0.707 0.713 0.773 0.721 0.762 0.742 236 2,939 217 2,668 254 2,829 228 2,771 210 2591 39 27 LIVESTOCK Cattle and calves: Slaughter (federally inspected): Calves Cattle . thous animals do 2294 31642 Prices, wholesale: Beef steers (Omaha) $ per 100 Ib.. Steers, stocker and feeder (Kansas City) .... do.... Calves, vealers (So. St. Paul) do.... Hogs: Slaughter (federally inspected) thous animals Prices: Wholesale, average, all weights (Sioux City) $ per 100 Ib.. Hog-corn price ratio (bu. of corn equal in value to 100 Ib. live hog) Sheep and lambs: Slaughter (federally inspected) thous. animals.. Price, wholesale, lambs, average (Omaha) $ per 100 Ib.. r 5,363 5,789 426 488 512 59.81 54.44 54.50 55.25 59.25 38r675 578 1,847 1,832 3014 783 141 167 r 22r629 266 486 1317 1752 356 38 128 r 0.990 0.961 26 8 175 2,770 r r 204 2,765 r r r !98 2,772 r 228 2,846 r r 67.86 61.51 76.00 66.37 64.15 77.25 65.37 64.58 77.50 61.45 62.52 71.75 59.84 61.77 68.88 59.24 58.96 67.50 60.75 59.22 69.00 63.54 62.37 67.50 6540 6580 7320 7872 7308 7923 6875 6340 48.78 51.01 51.14 48.89 46.15 42.10 40.17 45.77 49.70 49.50 15.0 15.7 17.1 19.1 18.4 17.7 16.3 17.1 19.8 20.2 r 426 440 439 467 546 558 476 522 510 490 65.00 66.25 59.00 53.75 50.25 51.00 46.00 46.50 49.75 51.50 3417 r 578 154 118 3 152 554 129 127 2894 65.80 63.96 71.50 59.00 MEATS Total meats (excluding lard): Production total Stocks, cold storage, end of period Exports (meat and meat preparations) Imports (meat and meat preparations) mil Ib do.... do.... do.... 38590 750 1,663 2,052 r do do do.... do 21849 338 425 1531 r Price, wholesale, beef, fresh, steer carcasses, choice (600-700 Ibs.) (Central U.S.) $ per Ib.. 1.044 Beef and veal: Production total Stocks cold storage, end of period Exports Imports Lamb and mutton: Production total . . Stocks, cold storage, end of period Pork (excluding lard): Production total Stocks cold storage end of period Exports Imports mil Ib do.... 310 9 mil Ib do do do.. . 16431 349 314 433 r 328 11 r r r 3247 509 123 180 r l 861 252 39 119 1930 242 40 141 r 1.072 1.039 24 12 24 13 25 14 1254 394 39 37 1201 347 34 39 1T162 284 19 39 1 157 1 287 207 225 19 20 42 29 1 391 238 28 36 1 319 255 30 35 1445 264 29 33 1 234 249 30 30 1 116 3071 795 189 140 r !845 349 40 110 1 794 338 34 95 r 0.943 0.997 29 8 3389 776 169 131 !935 351 54 87 r r r 3,041 r 629 128 162 r !893 306 46 108 1 855 280 30 116 T 1.033 1.065 29 10 24 10 !425 404 31 36 3299 817 148 155 3 118 717 180 153 3,044 539 144 168 r r 3433 547 174 167 r 2011 252 48 123 1838 241 39 80 1r 942 266 43 80 1889 258 33 93 1 750 1.030 0.960 0.946 0.937 0.974 1.012 30 13 31 13 27 11 30 11 29 10 28 3185 552 154 120 147 106 46 72 1.038 !5 719 264 345 432 1 235 356 32 33 1425 361 37 37 254.8 1.011 I.'l37 246.9 1.146 245.9 1.105 252.4 1.035 242.4 1.124 254.4 1.191 278.9 1.261 282.6 1.212 284.3 1.185 284.5 1.148 283.3 1.074 292.3 1.007 273.7 1.209 279.1 1.169 282.5 1.100 Cocoa (cacao) beans: Imports (incl. shells) thous Ig. tons . Price, wholesale, Accra (New York) $ per Ib.. 148.5 1.354 245.0 1.085 27.8 1.100 19.2 1.120 304 1.150 27 1 1.040 24.1 0.890 19.3 1.085 22.0 1.120 203 1.170 24 1 1.130 58 1.030 11 5 1.090 100 1.160 290 1.070 1.020 Coffee (green): Inventories (roasters', importers', dealers'), end of period thous bags fi Roastings (green weight) do.. . 2834 17,047 (33) () Imports total From Brazil Price, wholesale, Santos, No. 4 (N.Y.) Confectionery, manufacturers' sales @ do.. . do $ per Ib.. mil. $.. 18,153 3505 2.066 4,649 16555 3243 1.594 r 5,095 1738 259 2.180 437 1395 364 2.180 440 1299 138 2.180 378 1356 283 1.290 305 1,026 166 1.155 325 922 213 1.155 304 1,213 172 1.270 430 1487 316 1.295 588 1565 309 1.470 450 1547 294 1.500 r 456 1 287 186 1.510 405 1 195 210 1.360 1.360 mil. Ib.. 393 350 344 319 295 294 331 356 373 363 355 350 315 280 . Prices, wholesale: Hams, smoked # Index, 1967 = 100.. Fresh loins, 8-14 Ib. average (N.Y.) $ per Ib.. 2 25 30 MISCELLANEOUS FOOD PRODUCTS Fish: Stocks, cold storage, end of period See footnotes at end of tables. 2590 3,962 2849 4,742 (3) (3) 1 150 256 1.270 582 378 S-23 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual 1982 1981 Feb. Mar. Apr. May June July Aug. Sept. Nov. Oct. Dec. Jan. Feb. Mar. FOOD AND KINDRED PRODUCTS; TOBACCO—Cont. MISCELLANEOUS FOOD PRODUCTS— Cont. Sugar (United States): Deliveries and supply (raw basis): § Production and receipts: Production . thous. sh tons Deliveries total . For domestic consumption Stocks, raw and ref., end of period Exports, raw and refined Imports raw and refined 4713 5 157 487 232 153 201 138 82 86 128 603 1 132 1 154 do do.... do.... 10838 10 149 2,970 10922 9,731 3,311 743 675 3,472 1004 836 3,195 878 785 2,807 943 815 2,755 1031 914 2,285 997 877 1,928 985 853 1,602 1099 986 1,416 861 783 1,579 842 766 2,416 785 746 3,311 648 638 r 3,743 sh. tons- 608,029 979,157 88,501 122,452 91,131 68,370 65,210 47,605 4,370 16,359 4 127 5054 289 313 255 398 312 347 313 424 653 462 902 223 100 $ per lb.. do.... 0.306 0.405 0.198 0.303 0.266 0383 0.231 0.344 0.200 0315 0.163 0.266 0.191 0.295 0.198 0285 0.185 0.295 0.154 0.236 0.160 0.261 0.163 0.261 0.167 0.261 0.180 0.282 0.178 0.282 thous. lb.. 184,786 190,254 18354 14696 19220 18,990 17736 14586 19,128 13,205 15855 13,473 12,121 15,055 15,464 . thous sh tons Prices, wholesale (New York): Raw Refined (excl. excise tax) Tea, imports 55,765 134,737 80,412 83,266 115,336 745 P 3,644 0.169 0.282 TOBACCO Leaf: Production (crop estimate) . Stocks, dealers' and manufacturers', end of period $ Exports, incl. scrap and stems Imports, incl. scrap and stems 4786 '2048 mil lb thous. lb.. do.... 4850 591,518 365,622 575,255 335,920 32,831 44274 4624 53,728 31,753 49,414 24274 44,571 28,796 4285 40,142 22,347 31,277 22171 27,398 32,153 4697 45,510 32,372 63,222 27,889 86,775 22,946 55,577 12,970 31,670 31,264 39,392 16,579 .. millions do do do.... 94256 620 565 3292 81.998 r 91 995 636,136 3257 82,582 9248 51474 211 8.289 7592 54224 291 8.534 6891 53670 257 6.046 6341 50678 274 6.621 8031 56519 336 6.214 6766 51064 242 6.231 7555 58716 261 6.468 7636 58150 313 7.149 8 141 56635 300 7.300 7447 49658 267 8.058 r 6479 42,300 247 4,713 7479 48234 215 6.426 8.148 10918 15393 12682 19464 11 660 10849 10343 30 493 27917 505 629 . Manufactured: Consumption (withdrawals): Cigarettes (small): Tax-exempt Taxable Cigars (large) taxable Exports, cigarettes mil lb LEATHER AND PRODUCTS LEATHER Exports: Upper and lining leather Price, producer: Sole, bends, light 14418 19717 17678 18016 18692 3067 302.7 308.5 3171 3185 298.4 396 851 375 766 30660 34345 33025 31926 30361 26968 30703 32887 35040 r 299,131 73337 24,383 3271 279,310 70834 25,622 3 164 22,866 5598 2196 275 25,673 6282 2390 259 24,795 5676 2554 219 24,124 5551 2251 217 22,251 5798 2312 224 20,618 4645 1705 246 22,351 6200 2 152 257 24,545 6362 1980 397 25,196 7631 2213 303 r 9781 9688 804 913 729 976 551 785 640 663 1 121 thous. sq. ft.. 192 597 index, 1967-100.. 283.8 192,193 2 13921 284.7 LEATHER MANUFACTURES Footwear: Production total thous pairs Shoes, sandals, and play shoes, except athletic thous. pairs.. Slippers .. .. do Athletic do.... Other footwear do Exports do Prices, producer: * Men's leather upper, dress and casual index, 12/80=100.. Women's leather upper Women's plastic upper index, 1967—100.. index, 12/80=100.. 615 103.1 102.0 102.6 103.0 102.7 103.5 103.6 103.8 104.1 103.6 103.9 103.6 104.4 214.7 r 99.7 217.9 101.8 214.0 102.8 214 1 102.8 214.5 103.0 213.4 102.9 2140 102.9 213.6 101.0 217.9 97.8 r r 2123 93.5 216.2 93.5 213.0 94.3 r 211.7 1 180 21,392 22,562 r 4715 6 197 1r 734 1810 266 231 212.1 r 93.5 104.0 2085 94.3 LUMBER AND PRODUCTS LUMBER—ALL TYPES # National Forest Products Association: Production, total Hardwoods .. Softwoods mil. bd. ft.. do do.... r3 31,632 r3 7 297 r 3 2542 579 1 963 2,818 614 2204 2,780 598 2 182 2651 592 2059 2588 560 2028 2483 545 1938 2,554 572 1982 2307 542 1765 2379 527 1852 1831 441 1 390 1,765 418 1 347 1 810 356 1 454 do do.... do r3 31 126 r3 6,679 r 3 24 447 29 715 3 6,812 22903 2379 557 1822 2752 592 2 160 2755 579 2 176 2633 626 2007 2765 560 2205 2395 498 1897 2431 546 1885 2260 518 1 742 2382 514 1 868 2045 441 1 604 1989 413 1 576 1637 393 1 244 Stocks (gross), mill, end of period, total. . . . do Hardwoods . do Softwoods do.... 5805 1807 3,998 5842 1972 3,870 6065 1843 4222 6098 1872 4226 6 123 1891 4232 6213 1 871 4342 6015 1 839 4 176 6 103 1 886 4*217 6232 1 918 4314 6284 1947 4337 6285 19S4 4321 6075 1 968 4 107 5842 1 972 3870 6016 1 936 4080 1,655 9859 9,518 848 966 980 e'992 934 842 465 '660 <755 728 '591 530 585 6791 499 6 393 429 486 514 698 594 598 601 538 540 566 505 486 510 466 458 536 458 476 477 459 429 407 471 6815 6821 912 6 395 6463 844 562 521 978 622 618 982 601 591 992 576 599 969 533 601 901 521 481 941 546 518 969 483 455 526 486 1009 533 533 1009 403 457 955 396 507 844 459 365 938 393 443 457 421 974 do. do.... do.... 540 117 422 523 129 394 49 9 39 43 9 35 51 13 38 47 8 39 43 13 30 31 6 25 51 14 37 43 14 29 29 9 20 38 6 31 47 19 28 34 11 22 34 8 26 Price, wholesale: Dimension, construction, dried, 2" x 4", R.L. $ per M bd. ft.. 223.42 Shipments, total Hardwoods Softwoods .. Exports, total sawmill products Imports, total sawmill products do.... do.... 24,335 29,713 3 7003 22,710 SOFTWOODS Douglas fir: Orders new mil bd ft Orders, unfilled end of period do .. Production do Shipments . . . . . . . do Stocks (gross), mill, end of period do.... Exports total sawmill products Sawed timber Boards, planks, scantlings, etc See footnotes at end of tables. 2102 94.5 SURVEY OF CURRENT BUSINESS S-24 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1981 Feb. Annual April 1982 Mar. Apr. May June July 1982 Aug. Sept. Nov. Oct. Dec. Jan. Feb. Mar. LUMBER AND PRODUCTS—Continued SOFTWOODS—Continued Southern pine: Orders, new Orders, unfilled, end of period mil. bd. ft.. do.... Production Shipments do do thous. bd. ft.. 463 447 587 493 602 486 508 474 535 440 546 441 448 407 463 402 498 399 461 430 400 418 344 430 '6758 1 X 6 J 492 472 552 541 604 609 546 520 559 569 557 545 512 482 485 468 488 501 364 430 415 412 366 332 6,128 418 143 6 129 1,270 1,284 1,279 1,290 1285 1 313 1343 1360 1347 1,281 1,284 280,243 227,020 11,781 26,059 19,198 19,919 21,226 20,898 21,048 16,719 19,043 21,334 15,032 Prices, wholesale (indexes): Boards, No. 2 and better, 1" x 6", R.L. 1967-100 Flooring, C and> better, F. G., 1" x 4", S.L. 1967-100 Western pine: Orders, new Orders, unfilled, end of period 1 6663 Stocks (gross), mill and concentration yards, end of period mil bd ft.. Exports, total sawmill products '6,559 419 1 311 1 301 1318 14,283 18,936 3372 3247 mil. bd. ft.. do.... 7730 326 7,235 219 605 414 747 442 637 426 573 355 761 369 627 377 569 314 538 291 573 264 489 243 428 219 407 257 413 261 do.... do. 7,613 7807 7,261 7342 631 609 736 719 681 653 684 644 679 747 616 619 656 632 511 561 582 600 436 510 390 452 423 369 417 409 do.. 1 185 1 104 1270 1287 1 315 1 355 1287 1284 1308 1258 1 240 1 166 1 104 1,158 1 166 19 6.7 9.3 25 8.0 9.7 37 9.0 9.3 32 75 8.6 30 7.3 9.2 36 6.5 7.6 30 7.1 8.7 31 6.6 8.8 21 7.0 7.9 24 5.7 7.7 28 5.2 10.1 Production Shipments . Stocks (gross) mill end of period . . Price, wholesale, Ponderosa, boards, No. 3, 1" x 12", R.L. (6' and over) $ per M bd. ft.. 287.55 HARDWOOD FLOORING Oak: Orders unfilled end of period Shipments .. Stocks (cross), mill, end of oeriod 19 780 12.4 mil bd ft do do.... METALS AND MANUFACTURES IRON AND STEEL Exports: Steel mill products Scrap Pig iron . . . . thous. sh tons.. do do 4,101 11 168 73 2,904 6415 16 213 683 1 260 442 2 291 694 2 259 677 1 279 628 2 218 348 1 194 450 1 228 395 1 233 532 2 244 480 1 227 509 1 173 462 4 153 539 (2) do.... do.... do 15495 558 400 19,898 572 433 1,234 41 10 1,142 53 5 1,761 52 36 1,772 62 61 1,665 52 59 1,663 37 36 2,226 59 38 1,748 56 30 1,872 33 34 1,921 43 42 1,613 45 64 1,969 32 36 1,600 41 16 thous sh. tons do do do.... '42 207 X 40 954 J 83 710 8,018 r 43,804 r 43 412 r 87 221 r 8,261 3,750 3604 7435 7,856 4,240 4261 8,379 8,004 4,078 4018 8,137 8,015 4,001 4 162 8184 8,175 3,876 3817 7,657 8,287 3,689 3454 7,168 8,245 3,631 3564 7,116 8,383 3,591 3542 7,116 8,408 3,353 3496 6,833 8,418 3,004 3064 6,054 8,453 r 2,817 r 2661 r 5,656 r 8,261 2,735 2702 5,899 7,820 Prices, steel scrap, No. 1 heavy melting: Composite $ per Ig. ton.. Pittsburgh district do 92.17 96 17 90.17 10050 94.28 10100 98.74 10900 101.44 11200 96.13 10550 88.63 9900 87.07 99.00 91.37 107.50 89.74 102.50 84.24 95.50 78.01 86.00 r 76.02 85.50 81.70 94.00 80.47 91.50 69 613 *69 594 25,058 74274 71650 28,042 6052 1545 1,075 6751 2035 1,165 6280 3938 1,794 7265 8906 2,901 7525 9625 3,879 7 112 9703 3,059 6860 9,300 4,113 6382 8,133 2,595 5731 7,112 2,555 3910 5,048 2,029 4430 3,507 1,585 5686 1,076 1,630 1,018 87,188 89,397 5073 96,645 94,958 15210 2,686 8,126 2 3,794 9,293 63 6,233 8,793 625 11,520 8,841 2967 11,924 8,162 634 12,350 8,022 530 12,159 8,024 607 9,927 7,708 391 9,070 6,913 315 7,241 6,370 8,358 5,579 6,038 685 1,664 5,518 44 1,589 5,175 1 do do.... 56,066 10636 35706 6,095 60,243 17469 36203 6,571 53,154 21990 25554 5,610 50,786 26736 19972 4,078 49,781 29336 17,286 3,159 51,411 27700 19885 3,826 53,744 25601 23480 4,663 56,356 23019 27,904 5,433 58,755 20586 31,931 6,238 59,574 18837 34,062 6,675 60,387 17515 36,137 6,735 60,144 16429 36,939 6,776 60,243 17469 36,203 6,571 60,401 21 594 32,298 6,509 do.... 795 775 76 55 70 111 78 68 55 72 51 67 49 65 49 68,721 69 053 889 73,456 75051 859 6,108 6209 894 7,193 7,316 881 6,755 6,927 846 6,938 7 108 831 6,408 6,589 779 6,268 6,508 817 6,259 6,521 786 5,889 6,029 817 5,419 5,527 812 4,782 4,847 841 4,489 4,743 P 884 4,169 203.00 206.00 203.00 203.00 203.00 203.00 203.00 203.00 203.00 213.00 213.00 213.00 213.00 213.00 213.00 964 11 799 6457 737 11,914 6699 952 1,011 548 968 1,140 634 882 1,170 657 846 1,079 619 848 984 577 843 951 570 833 956 548 781 986 555 727 823 458 737 666 341 22 450 206 34 420 200 45 40 18 43 43 20 42 42 20 44 40 18 40 31 14 46 33 17 36 33 15 31 35 18 33 26 13 34 22 11 . Imports: Steel mil1 products Scrap Pig iron . . Iron and Steel Scrap Production Receipts net Consumption Stocks end of period 75.93 85.00 Ore Iron ore (operations in all U.S. districts): Mine production thous Ig tons Shipments from mines do Imports do.... U.S. and foreign ores and ore agglomerates: Receipts at iron and steel plants do.... Consumption at iron and steel plants do.... Exports do Stocks, total, end of period do.... At furnace yards At U.S. docks Manganese (mn. content), general imports 1 Pig Iron and Iron Products Pig iron: Production (including production of ferroalloys) thous. sh. tons.. Consumption do Stocks end of period do Price basic furnace $ per sh. ton.. Castings, gray and ductile iron: Orders, unfilled, for sale, end of period thous sh tons Shipments total do Castings, malleable iron: Orders, unfilled, for sale, end of period Q1 . , , , , For sale See footnotes at end of tables. J do.... 1 845 1 114 630 40 38 19 r 4,750 4,824 r 859 P 213.00 S-25 SURVEY OF CURRENT BUSINESS April 1982 1981 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS Annual 1982 1981 Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. METALS AND MANUFACTURES—Continued Steel, Raw and Semifinished Steel (raw): Production Rate of capability utilization thous. sh. tons percent ^nsss Steel castings: Orders, unfilled, for sale, end of period thous. sh. tons.. Shipments total . . . do.. For sale, total do.... 1 119,912 728 777 10028 837 11 744 886 11 243 877 11423 862 10451 81 5 10 160 776 10 120 773 9618 759 9003 687 7962 628 7672 586 605 1878 1,701 380 1754 1,570 586 163 147 558 173 155 540 154 137 525 150 132 501 151 132 489 127 114 489 137 121 469 146 131 366 144 129 365 127 116 380 124 112 7737 593 7 178 609 Steel Mill Products Steel products, net shipments: Total (all grades) .. . thous sh By product: Semifinished products Structural shapes (heavy), steel piling .. Plates Rails and accessories tons 83853 87014 7375 8422 8 108 7932 8 148 7 115 7020 7039 6723 5783 5666 5608 5434 do do.. do.... do.. 5342 5207 8,080 1797 5598 4903 7,397 1458 477 426 720 158 606 548 731 170 531 472 678 161 535 414 667 140 529 408 627 116 400 392 584 114 434 395 586 89 437 432 630 88 437 362 543 99 385 313 498 98 389 299 482 81 314 329 463 98 285 323 498 102 Bars and tool steel total Bars: Hot rolled (incl. light shapes) Bars: Reinforcing Bars' Cold finished . . do do.... do.... do 13258 6,911 4,683 1 585 13828 '7,770 4,371 1620 1 146 659 342 140 1334 764 407 156 1 292 740 395 150 1 258 722 385 145 1263 706 399 152 1 115 593 388 128 1 106 528 342 131 1 163 659 364 134 1 140 638 364 133 953 543 296 109 898 471 323 99 912 525 271 112 821 506 205 105 Pipe and tubing . .. Wire and wire products Tin mill products Sheets and strip (incl. electrical), total Sheets: Hot rolled Sheets' Cold rolled . do do.. do do.... do.... do 9097 1 768 5709 33,595 12,116 13313 10286 1694 4927 36,924 13,451 14396 776 153 473 3,046 1077 1202 945 185 431 3,470 1267 1 344 949 161 431 3,434 1252 1 354 925 150 388 3,456 1 233 1402 890 155 419 3,739 1346 1487 859 137 413 3,102 1 146 1209 881 130 399 3,001 1 124 1 154 849 135 396 2,910 1063 1 125 892 133 351 2,765 976 1085 813 107 327 2,288 863 857 759 102 412 2,246 901 811 753 105 389 2,245 793 869 702 115 449 2,139 768 817 By market (quarterly): Service centers and distributors Construction incl maintenance Contractors' products Automotive Rail transportation .. Machinery, industrial equip., tools Containers, packaging, ship, materials Other do.. do do.. do do do.... do.... do.... 16 174 8787 3362 12 156 3 178 4,566 5,549 30,082 17546 8761 3225 13 101 2 180 4,646 5,293 32,264 12109 530 2 191 2 766 2 141 2 325 2 403 2 2,142 1055 2 538 2 186 2 697 2 140 2 303 2 461 2 2,052 Steel mill shapes and forms, inventories, end of period—total for the specified sectors: mil. sh. tons.. Producing mills, inventory, end of period: Steel in process mil sh tons Finished steel do. Service centers (warehouses), inventory, end of period .. . mil sh tons Consumers (manufacturers only): Inventory end of period . . . do Receipts during period do.... Consumption during period do 3 4696 2356 958 3 591 753 1261 1,470 8,326 3704 1812 610 2 472 422 947 1,129 7,075 4 151 2 190 796 3 218 455 1 148 1,278 7,938 4997 2 442 892 3 811 548 1292 1399 8,806 28.4 30.1 29.0 29.3 28.2 29.8 29.5 30.0 305 30.5 30.4 96 69 113 74 95 71 98 71 99 73 104 75 10 3 72 10 6 72 11 1 74 11 2 75 11 3 74 3 r 30.5 30.1 11 3 74 113 74 2 53 54 54 54 53 53 53 54 53 53 53 55 54 66 69.9 734 60 71.8 724 70 6.4 61 70 6.7 67 67 6.3 66 66 6.4 65 67 6.8 67 68 6.1 60 67 6.1 62 65 6.0 62 64 5.8 59 r 63 r 5.0 51 60 4.0 43 5,130 1,377 4,948 1,653 404 127 448 146 431 139 441 139 420 148 426 149 416 139 393 140 396 150 364 129 364 123 do . do 580.5 727 6985 140 1 557 89 756 75 502 10 7 678 13 9 559 11 6 639 12 5 670 11 0 605 14 0 552 15 6 41 5 14 9 493 13 7 385 17 5 660 19 1 do.... do 715.0 3153 344.2 271 2 232 27 1 329 326 486 265 293 306 235 21 4 293 16 0 168 152 92 172 24 1 216 23 1 16 0 246 168 22 1 18 0 188 17 8 Price, primary ingot, 99.5% minimum .... $ per lb.. 0.6957 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 14,057 10485 5,862 1 538 13,142 10309 5,969 1581 1072 859 486 131 1294 963 562 154 1 199 952 550 148 1 189 929 541 139 r 847 r 665 r 923 679 0.7878 0.7586 NONFERROUS METALS AND PRODUCTS Aluminum: Production, primary (dom. and foreign ores) thous. sh. tons.. Recovery from scrap (aluminum content) do.... Imports (general): Metal and alloys, crude Plates sheets bars etc Exports: Metal and alloys, crude Plates sheets bars etc Aluminum products: Shipments: Ingot and mill prod, (net ship.) Mill products total Sheet and plate Castings mil lb.. do do.... do Inventories, total (ingot, mill products, and scrap), end of period mil. lb.. Copper: Production: Mine, recoverable copper Refinery, primary From domestic ores From foreign ores Secondary, recovered as refined thous. met. tons.. do.... do.... do 1 248 957 564 146 1039 859 494 119 1 119 866 514 132 1082 871 514 134 r lr 040 826 r 476 128 r 368 110 98 6524 6616 5,076 6,616 5323 5408 5495 5600 5632 5964 6086 6 187 6276 1,168.3 l,21Q.9 1,121.9 '890 1,529.0 1,520.7 1,416.5 104 1 116.9 125.0 110.3 146 126.8 139.6 131.7 79 126.5 140 1 131.0 92 130.2 131 7 123.6 81 126.4 133 1 125.5 76 123.0 1208 111.5 92 135.4 1103 103.4 69 133.9 1218 114.4 74 139:9 128.9 120.5 83 134.1 1134 107.2 62 113.3 1302 123.9 62 l 112.6 1062 97.3 89 do 5730 6319 528 455 63 1 557 61 5 544 584 502 588 32 5 60 1 Imports (general): Refined, unrefined, scrap (copper cont.) Refined do do.... 5203 431.8 5025 359.3 390 294 290 21.8 402 28 1 286 217 51 1 345 416 322 48 1 378 457 378 527 36.7 42 4 30.2 423 24.3 452 206 Exports: Refined and scrap Refined do.... do 330.1 174 339.7 272 32.1 25 38.7 58 202 12 33.7 09 400 35 18.5 13 228 17 21.8 30 35.0 07 19.4 21 21.3 18 35.2 04 Consumption, refined (by mills etc ) thous sh. tons Stocks, refined, end of period do.... Price, electrolytic (wirebars), dom., delivered $ per lb.. 2083 365 2045 511 1.0242 0.8512 See footnotes at end of tables. 526 331 0.8607 0.8738 547 380 0.8803 0.8580 0.8523 493 511 479 409 0.8441 0.8739 0.8472 0.8231 0.8122 0.8029 0.7863 SURVEY OF CURRENT BUSINESS S-26 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1981 Feb. Annual April 1982 Mar. Apr. May June July 1982 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. METALS AND MANUFACTURES—Continued NONFERROUS METALS AND PRODUCTS—Continued Copper-base mill and foundry products, shipments (quarterly total): mil Ib do.... do 2,467 2,783 489 Lead: Production: Mine, recoverable lead thous. met. tons.. Recovered from scrap (lead cont.) do.... 549.5 675.6 '444.1 567.3 40.5 43.9 43.0 43.8 52.1 1,070.3 68.9 1,125.3 6.0 90.7 135.3 83.3 54.8 95.8 78.9 98.1 59.6 0.4246 Brass mill products Copper wire mill products (copper cont.) Brass and bronze foundry products 670 701 116 716 738 125 26.4 42.5 27.5 44.1 17.1 46.7 31.7 46.4 38.1 49.1 47.8 52.5 47.3 50.9 39.6 52.2 41.2 48.7 40.5 45.5 11.1 95.9 3.3 91.2 11.5 89.1 2.4 91.0 10.0 81.1 3.9 93.1 4.3 99.9 7.8 110.4 3.0 94.5 2.1 89.6 5.6 93.6 3.4 132.0 122.7 110.5 108.3 111.1 117.2 116.0 106.9 100.5 88.0 83.3 78.9 79.3 81.3 87.9 77.4 87.1 72.8 86.5 57.1 89.1 47.3 93.2 43.7 96.3 41.1 97.4 45.9 105.0 59.8 98.9 71.9 101.0 •79.5 98.1 68.3 92.0 41.7 0.3653 37.1 0.3042 37.1 0.3506 38.2 0.3752 38.4 0.3641 39.1 0.3797 46.1 0.4098 50.9 0.4389 52.8 0.4032 54.0 0.3705 45.8 0.3388 41.7 0.3107 44.7 0.2967 0.2870 842 45,983 18,638 '1,703 1 56,362 M4,342 232 45,873 0 3,985 1,220 130 4,100 3,300 0 3,856 1,185 135 4,600 3,700 0 4,831 1,285 160 4,400 3,500 0 4,359 1,345 135 4,350 3,200 0 3,440 1,215 185 3,900 2,900 0 2,819 1,310 140 4,200 3,000 0 3,038 1,225 125 3,950 3,000 0 3,261 1,280 155 3,900 2,950 232 3,951 1,150 115 3,400 2,500 0 4,216 295 2,312 72 1,089 48,450 37,350 0 3,327 1,330 120 4,400 3,600 2,950 2,200 do.... do.... $ per Ib 4,293 5,504 8.4600 5,989 5,988 7.3305 233 5,745 7.1349 919 5,229 7.0026 287 5,725 6.8358 343 5,978 6.5806 411 6,227 6.5839 1,019 6,465 6.8981 287 5,663 7.5339 471 5,710 7.8022 253 5,325 7.9560 171 5,563 8.2147 1,180 5,988 7.9352 thous. met. tons.. 334.9 24.8 27.6 25.5 24.8 23.1 23.6 24.6 28.3 28.0 25.4 23.4 do.... do 113.8 329.0 6.0 51.7 10.8 48.4 3.9 52.5 10.2 52.3 13.3 71.7 8.5 55.4 13.6 50.8 11.4 43.0 7.8 48.2 3.7 59.3 9.2 32.8 do do.... 67.6 236.1 5.7 19.2 4.8 18.0 5.7 19.9 4.9 18.9 5.2 19.0 3.2 17.3 3.2 17.5 4.6 18.5 4.6 19.5 4.8 18.7 5.3 18.6 27.0 66.2 0.1 26.6 '59.8 (2) 23.0 52.0 (2) 24.5 72.1 0.4587 31.6 72.9 0.4615 34.6 72.1 0.4259 Imports (general), ore (lead cont.), metal Consumption, total do.... do. .. Stocks, end of period: Producers', ore, base bullion, and in process (lead content) ABMS thous met tons Refiners' (primary), refined and antimonial (lead content) thous met tons Consumers' (lead content) fl do. . Scrap (lead-base, purchased), all smelters (gross weight) thous met tons Price, common grade, delivered $ per Ib.. Tin: Imports (for consumption): Ore (tin content) . metric tons . Metal, unwrought unalloyed do.... Recovery from scrap, total (tin cont.) do.... As metal do Consumption total do Primary do. . Exports, incl. reexports (metal) Stocks, pig (industrial), end of period Price Straits quality (delivered) Zinc: Mine prod., recoverable zinc Imports (general): Ores (zinc content) . Metal (slab blocks) 710 748 121 Consumption (recoverable zinc content): Ores Scrap, all types Slab zinc: @ Production, total $ thous. met. tons.. Consumption fabricators .. . do . Exports do.... Stocks, end of period: Producers', at smelter (ABMS) do.... Consumers' do Price Prime Western $ per Ib 1 117.7 602.6 r 4,748 1,610 7.7590 7.4519 3.2 2.0 6.1 33.0 0.2764 6.6917 ^69.9 'Sll.l 0.3 341.8 834.7 0.3 28.5 73.6 (2) 31.3 77.3 (2) 30.9 74.3 0.1 29.2 73.6 (2) 28.0 77.2 (2) 30.0 64.4 (2) 30.4 72.4 (2) 26.7 70.2 (2) 18.7 22.6 0.3743 34.6 72.1 0.4455 17.0 57.9 0.4125 19.0 57.4 0.4130 16.0 61.8 0.4256 15.6 66.4 0.4520 16.2 66.3 0.4612 18.9 68.9 0.4625 20.8 70.5 0.4747 19.5 72.4 0.4872 348.3 82.8 156.5 470.0 106.9 225.4 Material handling equipment (industrial): Orders (new), index, seas, adj 1967 = 100.. 375.5 382.0 362.0 441.0 365.5 431.9 369.6 446.2 292.5 413.9 324.2 388.7 377.8 323.0 Industrial trucks (electric), shipments: Hand (motorized) . number Rider-type do. Industrial trucks and tractors (internal combustion engines), shipments number.. 20,495 24,110 18,734 19,784 1,443 1,527 1,893 1,693 1,505 1,727 1,559 1,551 1,735 1,722 1,383 1,258 1,596 1,492 1,765 1,812 1,571 1,722 1,586 1,814 1,569 1,976 1,250 1,447 1,398 1,452 39,448 31,885 2,667 2,920 2,817 2,563 2,962 2,366 2,482 2,721 2,622 2,622 2,551 2,277 2,053 109.8 115.6 113.8 117.8 118.0 115.7 118.2 121.9 119.2 115.6 112.6 111.7 110.5 107.6 104.1 134.5 142.3 135.5 138.9 145.6 140.2 140.9 149.4 150.6 147.2 147.9 140.0 132.5 135.2 130.9 133.3 131.2 144.3 139.4 140.8 142.6 143.6 144.2 145.8 146.2 146.7 147.4 148.3 149.2 150.2 151.6 152.6 272 234 279 249 262 245 260 253 278 255 267 244 294 245 310 266 287 267 301 243 269 242 276 252 271 251 263 252 252 224 mil $ 3,884.75 do.... 3,495.50 do.... 3,680.80 do 3,206.00 4,749.7 do.... 2,228.10 1,945.80 4,104.50 3,552.45 2,873.3 212.80 179.90 335.30 279.75 4,525.0 287.25 249.05 373.85 311.80 4,438.4 228.55 191.55 358.50 291.40 4,308.5 179.00 162.35 331.95 274.10 4,155.6 253.65 206.05 412.95 352.45 3,996.2 136.85 121.95 295.35 255.95 3,837.8 167.45 145.70 259.60 228.35 3,745.6 150.95 140.45 365.35 336.05 3,531.2 157.10 145.80 334.60 305.70 3,353.7 135.40 115.65 329.75 287.35 3,159.4 112.55 101.05 398.60 358.85 2,873.3 155.95 124.90 307.15 284.50 2,722.1 "123.20 "113.35 "293.05 "273.62 P 2,552.2 869.55 664.95 1,010.95 878.55 384.8 716.75 616.85 991.10 824.20 427.0 67.30 58.80 86.85 72.65 685.7 62.25 57.70 103.25 75.20 644.7 91.30 63.80 88.90 70.65 647.1 50.00 42.90 79.35 67.10 617.8 64.50 56.95 95.85 75.45 586.4 55.15 48.60 71.75 62.35 569.8 46.70 42.95 65.80 56.05 550.7 36.35 31.00 76.10 67.25 511.0 59.40 50.20 72.30 60.25 498.0 60.35 52.85 78.40 70.00 480.0 39.25 32.90 92.30 79.95 427.0 49.25 41.25 76.40 49.60 399.8 P 35.90 P 66.45 P 57.50 P r 24.2 (2) 21.6 21.4 (2) 36.7 41.2 41.8 0.4217 0.4272 0.3923 MACHINERY AND EQUIPMENT Heating, combustion, atmosphere equipment, new orders (domestic) net qtrly # mil $ Electric processing heating equipment do Industrial supplies, machinery and equipment: New orders index, seas, adjusted 1977=100.. Industrial suppliers distribution: t Sales index, seas, adjusted 1977 = 100.. Price index, not seas. adj. (tools, material handling equip., valves, fittings, abrasives, fasteners, metal products, etc.) 1977=100.. Fluid power products shipments indexes: * Hydraulic products, seas, adj 1972=100.. Pneumatic products seas adj do Machine tools: Metal cutting type tools: Orders new (net) total Domestic Shipments, total Domestic Order backlog, end of period Metal forming type tools: Orders, new (net), total Domestic Shipments, total Domestic Order backlog, end of period See footnotes at end of tables. do.... do . . . do.. do.... do.... 918 193 367 1153 28.4 54.0 126.8 23.2 70.9 99.8 360 63.8 "40.60 374.0 S-27 SURVEY OF CURRENT BUSINESS April 1982 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 Feb. Annual 1982 1981 Mar. Apr. May June July Aug. Oct. Sept. Nov. Dec. Jan. Feb. Mar. METALS AND MANUFACTURES—Continued MACHINERY AND EQUIPMENT— Continued Tractors used in construction, shipments, qtrly: Tracklaying total . ... units mil $.. Wheel (contractors' off-highway) units.. mil $ Tractor shovel loaders (integral units only), wheel and tracklaying types units.. mil $ Tractors, wheel, farm, nonfarm (ex. garden and construction types) ship qtrly units mil. $.. 16503 1,306.1 4,781 3875 15625 15346 142 831 35198 4 822 4 14 688 4 370.2 4 8766 4 6,096 6,201 4,668 3,233 3767 3216 5 5 4474 4253 1,140 1043 3848 4126 1,127 1124 9,381 4394 9,666 4669 7,505 3544 36683 9380 39 145 9058 33732 815.0 45,480 1,697.1 146 274 3,183 4 4 1301 4 4398 3919 1,258 1040 138.3 4 83.8 244.7 ELECTRICAL EQUIPMENT Batteries (auto.-type replacement), ship thous.. 50,063 53,597 3,548 Radio sets, production, total market Television sets (incl. combination models), production, total market thous.. 28,104 31476 1,986 5 5 thous.. 18,532 18,480 1,518 Household major appliances (electrical), factory shipments (domestic and export) # thous.. Air conditioners (room) do. Dishwashers do.... Disposers (food waste) . . . . do Ranges do.... Refrigerators do Freezers do.... Washers do.... Dryers (incl gas) do Vacuum cleaners (qtrly.) do.... 30,260 3204 2,738 2962 2530 5 124 1,681 4,550 3 177 7439 30,336 3692 2,484 3 178 2325 4 944 1,561 4,365 2977 7785 1,446 1538 2,818 1,417 1496 2,785 3,331 2030 3,460 3,488 1905 2519 5 5 1,895 1,376 1,390 2,534 366 205 277 199 364 121 365 244 2,975 623 228 317 197 424 142 408 260 2 119 2,982 603 240 309 220 440 141 368 245 2,613 477 192 253 193 428 142 346 221 123 118 242 128 143 286 111 125 287 105 123 226 3,658 2739 4,037 5,278 2364 3661 5 5 1,777 1,216 1,494 3,136 653 220 230 219 542 206 402 247 1 944 2,683 283 190 237 200 511 227 376 243 2,436 64 236 288 190 450 152 398 254 115 110 204 120 121 204 1,981 1,550 1,474 2,357 52 202 234 176 456 111 416 293 1 955 2,342 90 220 331 191 383 89 612 260 4..S97 4,269 2,012 1,671 5 5 5,012 1,814 r 1,464 1,250 1,208 1,344 1,854 94 165 197 163 272 62 267 217 1,831 163 144 206 152 264 76 246 189 1,767 1,947 191 169 220 147 276 89 306 228 2,177 361 160 214 143 324 99 347 234 139 128 224 111 119 203 95 124 211 r 80 r 99 239 70 110 268 562 252 629 1 676 171 6425 485 101 6437 147 6437 44 6437 6459 67 187 8,918 524.5 522.3 1,499 GAS EQUIPMENT (RESIDENTIAL) Furnaces, gravity and forced-air, shipments.... thous.. Ranges total sales do Water heaters (storage), automatic, sales @ do.... 108 134 235 125 136 202 PETROLEUM, COAL, AND PRODUCTS COAL Anthracite: Production Exports Price wholesale * 6056 1,795 4637 5745 2,249 823 644 802 000 thous sh. tons do.... Index 1967—100 Bituminous: Production t thous sh. tons . Consumption total Electric power utilities Industrial total Coke plants (oven and beehive) do. . do.... do do.... Residential and commercial 4924 do.... Stocks, end of period, total Electric power utilities Industrial, total Oven-coke plants Exports Price, wholesale 669 061 568,322 125 815 66493 do.... do do.... do.... 1 199 077 178 269 20,808 9,017 472 8 5429 548 114 5428 463 167 5452 240 170 5528 477 283 5720 566 332 5897 534 278 5973 417 307 6199 r 70026 77325 36869 37276 61902 73345 78204 79823 82747 72000 59227 47,855 10973 5 161 59736 48,323 11 108 5516 54070 43,604 10035 4850 54372 44,909 9200 4250 59054 49,882 8962 4451 66764 56,042 10459 5433 65014 54,195 10580 5417 58975 48,385 10270 5319 47,685 46,873 399 305 431 263 210 263 239 320 192 892 201 687 181 580 161 617 152 516 148 423 151 037 158 651 170 856 179 032 163 859 147 095 139 440 134 855 136 977 144 097 154 165 159 454 22,036 22,655 17,721 14,522 13,076 13,568 14,060 14,554 6,179 5,602 5,027 4452 4,800 6,900 10159 10,735 do.... Index, 1967 = 100.. 89,882 466,5 110,243 thous. sh. tons.. do 46,132 27094 28296 9,593 478.3 8,099 483.4 5911 484.4 5872 488.2 10414 501.9 11,034 503.2 11589 506.8 12,105 r 506.0 11,676 r 507.6 11,462 510.6 6,029 521.4 11,382 2356 2209 2354 10058 2395 2360 2425 11,143 2466 2348 2445 2622 2420 708 836 900 829 123 67 134 48 105 3,587 785.9 4,581 787.4 2,790 787.4 3,049 770.4 378.2 68 395.1 69 372.9 66 6762 477.9 COKE Production: Beehive and oven (byproduct) Petroleum coke § 2 Stocks, end of period: Oven-coke plants total At furnace plants At merchant plants Petroleum coke $ do.... do do.... do.... 8627 7521 13 106 846 900 Exports do.... 2,162 1,251 27,026 556.4 2040 2 7586 2 6564 2 1024 1022 948 835 869 4990 4554 437 758 813 790 5192 4798 394 765 54 132 118 89 206 73 60 94 37,647 2,459 8427 3,102 8428 2,905 8425 2,604 839.9 3,497 815.9 2,790 7989 3,137 796.8 3,416 796.8 5,049.3 76 4 656.5 69 3697 71 3914 68 368.5 66 389.2 67 381.9 68 3899 67 409.3 71 382.5 68 383.3 67 PETROLEUM AND PRODUCTS Crude petroleum: Oil wells completed numberPrice wholesale Index, 1967-100.. Gross input to crude oil distillation units mil. bbl.. Refinery operating ratio % of capacityAll oils, supply, demand, and stocks: $ New supply total fl Production: Crude petroleum Imports: Crude and unfinished oils Refined products Change in stocks all oils (decrease —) Demand total Exports: Crude petroleum Refined products See footnotes at end of tables. 3,775 788.2 r r 62669 59057 4768 5035 4770 4904 470.5 4907 4942 498.2 500.5 4762 501.3 480.2 do 3 1464 5918 3 1246 597 9 2408 46 2 2666 50 1 2563 47 7 2634 502 2585 493 261 1 495 2659 505 257.6 509 264.8 516 257.8 50 1 267.3 51 1 268.7 492 do do .. 19462 582.5 16428 5404 1380 51.7 1415 453 1357 373 1335 43.3 1252 37.4 1353 44.8 1340 43.9 145.3 44.4 140.7 43.4 124.0 44.3 135.7 47.1 118.6 43.6 mil bbl do do do.... do.... 3 793 683 67 79 179 235 -89 58 14.5 22.3 7.6 17.9 -17.6 -27.7 6441 7 60572 4900 5092 4755 4895 4925 5048 4923 484.1 513.9 486.3 535.0 518.3 104.9 94.3 83.2 133.9 5.5 10.4 6.5 11.7 5.9 11.2 9.7 8.8 3.7 8.9 8.0 9.7 6.3 13.6 5.8 9.8 7.0 15.9 8.3 12.7 5.9 14.5 7.4 18.3 745.0 S-28 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1982 1981 Feb. Annual April 1982 Mar. Apr. May June July Aug. Oct. Sept. Nov. Dec. Jan. Feb. Mar. PETROLEUM, COAL, AND PRODUCTS—Continued PETROLEUM AND PRODUCTS— Continued All oils, supply, demand, and stocks $—Continued Domestic product demand total $ do... Gasoline do.... Kerosene do 62424 2,420.5 580 5 840.2 2,414.9 462 4740 176.9 46 4910 196.4 35 4584 198.6 28 471 1 205.7 27 4799 211.2 26 487 1 212.5 27 4723 207.2 29 4686 200.5 28 491 1 205.5 41 4652 192.5 44 5146 208.9 62 4926 1842 64 Distillate fuel oil Residual fuel oil . . Jet fuel do do.... do.... 10490 9180 390.7 10328 752.5 368.6 95 1 714 28.5 896 65 1 32.7 762 549 28.9 742 548 28.6 73 1 598 31.1 738 61 9 33.7 739 573 31.8 759 563 30.9 866 578 29.0 866 563 29.8 1010 679 30.7 1057 666 31.2 Lubricants Asphalt Liquefied gases do.... do. do.... 58.3 1424 537.8 56.0 1248 542.2 4.7 40 49.9 4.9 72 48.0 5.5 93 40.1 4.7 108 39.8 4.3 138 39.9 5.1 152 38.8 4.3 158 35.0 4.6 139 42.1 5.3 137 49.2 3.7 99 47.4 4.4 58 51.8 3.9 29 58.1 1,420.2 M829 1078 '192.0 '7453 1 488.5 5988 2303 176.8 7129 1 397.6 1 405.5 1 423.4 1 446.9 1 438.0 1,443.8 5028 518 1 5553 5656 5414 5523 173 1 116 1 1342 163 1 1209 150 1 193.5 181.0 193.9 189.8 185.4 187.3 697 1 7013 6935 6922 7092 6954 1,458.3 5499 1847 182.6 7258 1,480.7 5607 1992 179.9 7400 1,488.3 5843 214.8 178.0 7260 1,506.2 5948 2225 178.3 7330 1,488.5 5988 2303 176.8 7129 14609 6062 2353 181.5 6733 2394 1 '2135 23508 2058 2009 192.9 1983 2029 2060 205.8 1923 2168 661.7 659.3 653.4 Stocks end of period total Crude petroleum Strategic petroleum reserve Unfinished oils, natural gasoline, etc Refined products Refined petroleum products: $ Gasoline (incl. aviation): Production Stocks end of period do.... do do .. do.... do mil bbl do ... 1 Prices (excl. aviation): Wholesale, regular Index, 2/73-100.. Retail, regular grade (Lundberg/Platt's): fl Leaded $ per gal.. Unleaded * do Aviation gasoline: Production mil. bbl.. Stocks end of period do Kerosene: Production do Stocks end of period do ... Price, wholesale (light distillate) Index 1967-100 Distillate fuel oil: Production mil. bbl.. Imports do Stocks end of period . do.... Price, wholesale (middle distillate) Index, 1967=100.. Residual fuel oil: Production mil. bbl.. Imports do . Stocks, end of period do.... Price wholesale Index 1967—100 576.7 1.217 1261 1766 232.3 1933 234.5 632.9 1.372 1 421 1842 2252 1909 2150 1878 196.3 2002 187.7 2063 190.6 198 1 193.2 683.2 694.7 690.4 685.6 677.4 668.4 666.4 1.384 1435 2 1.400 2 1.398 1 448 1.398 1 449 1.398 1 450 1.397 1449 1.398 1450 1449 r r 666.1 12.8 *23 11.5 27 0.7 25 0.7 21 0.8 18 1.2 21 1.1 21 1.3 22 1.2 23 1.1 2.6 1.0 26 0.8 27 0.8 27 0.6 27 50 1 11.4 436 11 1 45 104 38 11.0 36 119 35 12.6 31 13.2 28 13.2 30 13.6 27 13.8 27 12.6 37 124 45 11 1 44 96 9720 10410 10809 1 084 1 1 078.9 10675 10526 10446 l 043 2 r l 042 7 10368 1043 1 78.7 91 1726 77.0 45 1647 72.5 35 164.7 76.1 51 171.9 75.0 6.0 180.2 74.5 55 186.7 82.3 4.9 200.3 78.3 3.9 206.8 1,000.3 1,082.8 1,105.4 1,092.5 1,092.2 1,079.8 1,076.7 1,067.8 43.8 268 78.2 12480 44.1 217 74.9 13237 39.6 175 73.0 13346 37.9 22.8 78.5 13182 37.0 16.2 70.1 12558 36.4 25.7 69.3 1206 1 38.1 25.4 74.8 12464 38.6 25.2 80.0 1 1924 r l 1 8634 974.1 519 '205.4 954.9 610 190.2 850.6 r 77.2 36 201.2 1033 1 10266 1,025.3 88.7 29 190.2 81.1 30 166.0 l,056.1 1,047.5 1,057.1 1,064.4 1,054.5 36.5 40.2 28.5 25.3 80.8 78.3 174 3 1 1758 36.7 254 68.2 12310 1 1889 1 1630 r 38.2 24.0 79.8 179 1 rl 480.3 2906 78.3 mil bbl.. do 365.6 '424 353.5 405 26.6 387 308 392 288 407 31.2 447 29.8 454 32.2 449 30.3 449 28.0 433 28.0 428 28.9 419 29.3 405 27.8 372 Lubricants: Production Stocks, end of period do.... do.... 65.1 43.6 60.6 14.2 4.9 13.2 5.3 12.9 5.2 12.6 5.4 13.1 5.1 13.6 5.0 13.3 5.3 14.1 4.4 13.7 4.9 12.9 5.0 13.9 5.1 14.2 4.3 14.4 Asphalt: Production Stocks, end of period do .. do.... 1412 1 18.8 1242 19.5 74 26.3 83 27.5 100 28.2 118 29.3 119 27.6 12.7 25.4 13.4 23.1 11.9 21.3 10.7 18.4 90 17.6 76 19.5 65 23.1 Liquefied gases (incl. ethane and ethylene): Production total At gas processing plants (L.P.G.) At refineries (L R G ) Stocks (at plants and refineries) do do.... do do.... 5618 440.9 1208 1 128.0 5834 467.9 1156 137.0 452 35.9 93 111.8 487 39.0 97 111.9 479 38.3 97 118.5 498 39.8 10 1 126.9 473 37.5 98 132.7 473 37.8 95 140.6 48.4 37.8 106 148.1 48.6 39.3 93 151.3 49.8 40.6 92 148.7 500 41.0 90 146.4 499 41.0 89 137.0 479 40.3 76 122.2 (5) . 622.9 81.9 34 200.0 578.4 343.6 '91.5 9612 Jet fuel: Production Stocks end of period 641.6 (44) () PULP, PAPER, AND PAPER PRODUCTS PULPWOOD AND WASTE PAPER Pulpwood: Receipts . Consumption Stocks, end of period thous cords (128 cu ft.) . do do.... Waste paper: Consumption . . Stocks end of period thous sh tons . do 3 thous sh tons do.... do do.... do.... do 3 3 81,007 3 79 703 6,697 3 79,547 3 6378 6477 6,210 6,847 6889 6,009 6,528 6882 5,528 6,465 6716 5,123 6,649 6790 4,985 6,799 6526 5,464 6,706 6656 5,552 6,774 6645 5,693 7,206 7058 5,917 6,258 6459 5,600 5,972 5658 6,045 13 523 11042 1 148 922 1229 854 1,195 910 1 159 866 1,204 925 1,063 940 1,190 959 1,109 958 1,135 949 1,016 r 941 966 993 51 783 1,366 39597 1,812 5,038 3940 4 128 115 3 138 155 396 325 4621 110 3556 157 438 360 4501 108 3479 148 421 345 4584 125 3516 165 425 353 4398 120 3351 159 430 338 4057 102 3 129 126 387 313 4513 140 3445 155 444 330 4309 102 3309 149 427 322 4459 113 3443 154 423 326 1 107 568 475 64 1035 531 447 61 1077 581 438 58 1088 607 430 51 1 154 614 488 53 1 224 667 497 59 1287 730 505 52 1 141 602 485 54 79 604 6,045 13,r 185 831 3 52 055 1,418 38931 1,911 4,887 3938 3 (5) (5) (5) (5) WOODPULP Production: Total all grades # Dissolving and special alpha Sulfate Sulfite Groundwood Semichemical Stocks, end of period: Total all mills Pulp mills Paper and board mills Nonpaper mills . . . do... do.... do do... Exports all grades total Dissolving and special alpha All other do.. do.... do Imports, all grades, total Dissolving and special alpha All other do.... do.... do.... See footnotes at end of tables. 944 439 449 57 3 1 198 690 454 54 r 4268 129 3251 147 407 301 3590 85 2675 130 420 279 1267 745 462 60 1341 r 842 443 r 56 1 198 690 454 54 r (5) (*) (5) (5) (5) (5) (5) (5) (5) (*) 3 3678 784 3 2894 279 61 218 356 83 272 290 48 243 363 61 302 359 70 289 237 65 172 300 65 236 347 63 284 274 62 212 267 53 214 315 85 230 221 50 172 303 42 261 3 3 3 3 355 9 346 368 22 346 295 8 287 414 26 388 349 8 341 329 25 304 323 10 313 279 24 255 406 27 379 318 10 308 269 8 262 270 26 244 310 9 301 3805 769 3 3037 4,051 194 3,858 4,086 201 3,885 S-29 SURVEY OF CURRENT BUSINESS April 1982 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 Feb. Annual 1982 1981 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. PULP, PAPER, AND PAPER PRODUCTS—Continued PAPER AND PAPER PRODUCTS Paper and board: Production (Bu. of the Census): All grades total unadjusted . thous sh tons Paper do ... Paperboard do Wet-machine board .. do Construction paper and board do.... 65834 30,164 31 143 138 4,390 66439 30669 31561 160 3,846 1967-100 do.... 2346 206.2 258 1 231.3 Selected types of paper (API): Groundwood paper, uncoated: Orders new Orders, unfilled, end of period Shipments thous sh tons do.... do 1475 110 1498 Coated paper: Orders new Orders, unfilled, end of period Shipments do do.... do Uncoated free sheet papers: Orders new Shipments do do.... Producer price indexes: Paperboard Building paper and board Unbleached kraft packaging and industrial converting papers: Shipments thous. sh. tons Tissue paper production do Imports thous. sh. tons.. Price, rolls, contract, f.o.b. mill, freight allowed or delivered Index, 1967-100.. Paper products: Shipping containers, corrugated and solid fiber shipments mil. sq. ft. surf. area.. Folding paper boxes shipments 2616 232.1 2593 227.7 2597 233.2 117 117 133 95 90 116 122 112 113 1r11 88 109 111 99 106 409 317 434 448 324 439 396 319 399 363 308 389 r 396 r 342 r 384 359 374 633 675 627 688 677 713 570 655 592 599 r 626 r 609 635 330 318 311 269 r 309 300 350 r 354 335 2745 15 r 360 5548 2556 2688 14 290 5592 2,676 2629 14 273 2557 232.5 2588 237.3 2592 237.4 2594 235.5 2606 234.2 2616 234.2 r 2617 r 126 132 122 103 111 127 128 117 121 107 106 120 125 119 111 130 122 126 118 134 110 377 352 391 427 345 438 409 324 405 405 320 411 406 313 411 407 341 387 424 340 422 '7706 '8216 603 656 710 744 664 731 698 731 612 695 639 645 '3930 *3891 309 345 348 342 317 298 '4375 X 5757 r 2591 r 2528 225.7 225 1 227.9 l l 426 112 1 441 113 124 114 M753 391 4673 '4866 308 4951 '7694 '8,326 2521 17 r 338 2842 16 '374 2809 18 r 377 233.3 r 326 r 373 r 404 672 r 2614 231.1 4485 352 395 372 386 374 347 395 372 390 8625 8622 165 8946 8915 194 702 684 238 766 769 235 772 782 225 770 744 251 748 776 223 726 738 211 677 652 236 707 708 235 815 795 255 769 773 252 743 800 194 783 671 306 719 709 317 4,239 4234 21 4753 4735 38 356 357 25 399 395 29 391 392 29 402 400 30 404 395 39 405 401 43 426 421 48 400 410 38 420 417 41 412 407 46 359 367 38 415 406 46 378 376 48 10089 10 165 761 860 867 897 814 791 827 839 922 914 892 798 775 732 961 807 827 846 847 902 952 928 944 959 947 961 981 1025 568 587 620 584 622 308.1 301.9 301.9 301.9 301.9 244,429 19,916 21,383 21,583 19,808 7,279 3 279.3 r 241,377 thous sh tons mil. $.. (5) (55) (5) (5) () 5653 2603 2705 14 332 5891 r 2643 r do . do do.... Consumption by publishers fl do Stocks at and in transit to publishers, end of period thous metric tons 2497 9 r 247 4693 2,309 2 177 9 197 5347 2451 2543 12 342 6005 r 2724 r Newsprint: Canada: Production thous metric tons Shipments from mills do Stocks at mills end of period do United States: Production Shipments from mills Stocks at mills, end of period r 5252 r 2,500 r 5724 2622 2734 11 357 5331 r 2416 r 6,977 3 20,933 624 557 585 524 r r 316.8 316.8 316.8 316.8 21,094 21,867 18,189 17,600 18,961 18,638 42.56 142.43 54.59 138.36 51.64 138.02 568 502 513 301.9 309.3 316.8 20,486 20,434 649 316.8 261 1 237.5 318.1 (2) ' RUBBER AND RUBBER PRODUCTS RUBBER Natural rubber: Consumption Stocks end of period thous metric tons do.. Imports incl latex and guayule 586 15 126.67 63467 14243 5259 125.44 59831 67705 4 4 0.576 2 015 24 2 021 45 l 854 01 1 889 71 thous Ig tons 0.730 Price, wholesale, smoked sheets (N.Y.).... $ per lb.. Synthetic rubber: Production thous metric tons Stocks end of eriod Exports (Bu. of Census) do thous. Ig. tons.. c 5952 11951 5636 113.53 5107 111.22 52 13 114.37 5732 122.97 4968 130.51 66 36 5047 41 59 4340 6276 6942 5623 49 13 5099 5933 0.580 0.570 0.560 0.540 0.504 0.456 0.483 0.488 0.465 18094 144 88 17592 167 10 158 18 154 13 16150 14469 15972 16499 16890 15672 169.98 163 75 15768 141 13 125.51 131 88 140.49 14309 145.76 13894 35340 21.97 33347 24.40 35257 23.94 36438 22.49 34902 21.65 34036 27.76 34039 23.46 5544 12283 5506 12756 5393 12405 8664 5338 67 62 0.690 0.650 0.590 16968 16668 20037 19400 422.78 349 02 334.63 35460 31.65 34699 38.73 365 86 31.77 368 29 32.00 359 79 28.55 36944 26.27 159 263 181 762 15 641 16 834 15 466 15 183 15 406 14277 14 902 15851 16534 13750 11855 14866 15387 177,063 40 227 131 271 5 565 201,105 41 711 153 716 5 678 14,323 3 206 10537 580 18,617 4 301 13607 709 18,835 4 154 14 160 521 18,619 4 292 13851 476 17,380 3026 13901 453 17,583 2813 14407 363 17,982 3 123 14*503 356 18,179 3537 14 168 474 13,992 2758 10823 411 13,544 2363 10,820 361 14,144 2478 11365 301 13,704 2769 10573 362 43,686 42,393 40,615 19,324 4 538 14290 496 38,570 37,116 36,709 341 77 TIRES AND TUBES Pneumatic casings, automotive: Shipments, total Replacement equipment do.... do Stocks, end of period do.... 33,298 40,863 43,258 Exports (Bu of Census) do 9058 11088 1081 do.... 4.557 3.428 358 Inner tubes, automotive: Exoorts (Bu. of Census) See footnotes at end of tables. 1 055 335 1224 374 36,088 36,556 41,112 40,863 42,904 46,254 1 072 1 040 830 1 134 725 653 990 485 385 461 252 250 350 337 259 268 208 231 141 151 0.470 S-30 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1982 1981 Feb. Annual April 1982 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. 36266 29590 23495 15 149 17755 3526 61 30.9 2786 51 22.5 305 1 305.6 Mar. STONE, CLAY, AND GLASS PRODUCTS PORTLAND CEMENT Shipments finished cement thous bbl '404 569 '382 697 20782 30229 35 165 52017 919 462.7 3614 11 1 34.3 5150 97 50.4 5288 71 45.0 34 181 38074 38872 37489 37303 484 1 68 35.8 4773 70 42.8 4454 60 42.6 4406 73 41.1 CLAY CONSTRUCTION PRODUCTS Shipments: Brick, unglazed (common and face) mil standard brick Structural tile except facing . thous sh tons Sewer pipe and fittings, vitrified do.... Facing tile (hollow), glazed and unglazed mil brick equivalent Floor and wall tile and accessories, glazed and unglazed mi sq ft Price index, brick (common), f.o.b. plant or N.Y. dock 1967-100 r 6 090 1 1015 r 758.7 501 1 88 389 r 4313 10.6 41.7 454 353 24 32 32 30 36 32 27 30 3.2 24 26 2976 2884 217 27 1 256 24 1 245 256 252 253 237 215 234 2896 2993 300 1 3013 3024 3028 3028 3032 3038 305 1 2808 r 303.1 r GLASS AND GLASS PRODUCTS Flat glass mfrs ' shipments thous $ Glass containers: Production 868 459 233 439 243,260 248 658 thous. gross.. 327 022 321,626 25,470 28207 27851 28,209 29532 27751 29,449 25,943 29,305 23,849 20,099 do.... 323 816 316,163 23,160 29337 27434 26,817 30223 29172 27,342 26,478 25,865 23823 23,145 do do.... do do. 24808 61032 122 678 24574 28,692 60,040 113 055 24,003 2238 3,727 8040 1879 2676 5,194 9892 2598 2256 5554 10695 2 123 2426 5,188 10625 1840 2675 6476 11327 2 146 2589 6325 11459 1 795 2,727 5,724 9657 1,827 2812 4,809 8733 1,937 2297 4,596 8487 2124 1928 4,454 8175 1893 1978 4,041 8197 1828 62416 4874 6301 4450 4627 5 165 4904 5247 5616 5955 5214 5018 2,041 5 118 1,944 139 Shipments, domestic, total Narrow-neck containers: Food . . Beverage Beer Liquor and wine Wide-mouth containers: Food (incl. packer's tumblers, jelly glasses, and fruit jars) thous gross Narrow-neck and wide-mouth containers: Medicinal and toilet Chemical household and industrial Stocks end of period 61212 5 5 25,267 5 2690 2,157 245 2359 317 2138 218 1,889 222 2 172 262 1902 198 1,941 219 2,339 232 2,172 234 46676 46710 51651 49755 49836 51053 50255 48478 49,633 48 163 50420 50278 46710 '12376 '11 848 11434 11359 892 885 939 1005 1003 1080 977 1067 1008 976 1054 838 891 986 1,030 970 866 924 924 778 862 825 784 872 7,365 7,593 487 456 593 715 710 812 630 642 623 703 500 375 '5544 '4904 306 308 419 441 487 411 435 521 452 419 448 308 do.... do 26250 3262 do GYPSUM AND PRODUCTS Production: Crude gypsum (exc byproduct) ... thous. sh. tons Calcined do Imports, crude gypsum do.... Sales of gypsum products: Uncalcined .. .. do Calcined: Industrial plasters Building plasters: Regular basecoat . All other (incl. Keene's cement) Board products, total Lath Veneer base Gypsum sheathing Regular gypsum board Type X gypsum board Predecorated wallboard 5/16 mobile home board do.. 409 *370 33 36 34 32 36 32 29 31 36 29 26 25 do do.... 217 161 '225 157 17 12 19 16 18 17 16 15 16 14 20 13 19 12 19 13 21 12 18 9 15 10 16 10 13,759 59 325 208 1,068 6 24 14 1,239 6 29 18 1353 6 34 22 1,102 4 26 19 1,164 5 29 17 1,234 5 32 19 1,146 5 27 17 1,127 4 27 19 1,133 4 25 17 982 4 21 15 955 3 21 15 965 4 22 15 '9,295 3446 122 304 734 260 9 21 857 296 9 24 928 322 11 30 740 271 11 31 782 292 11 28 827 313 11 27 763 295 11 28 748 291 10 28 752 297 10 28 655 258 9 20 629 258 10 19 633 259 10 23 mil. sq. ft.. do do. do.... 14,131 78 339 190 do.... do do.... do.... 9,923 3266 105 4 229 1 TEXTILE PRODUCTS FABRIC Woven fabric, finishing plants: * Production (finished fabric) .. . . mil linear yd Cotton do Manmade and silk fiber do.... Inventories held at end of period Cotton Manmade and silk fiber do do. do Backlog of finished orders Cotton Manmade and silk fiber . do do.... do . 3531 4,990 684 265 420 3 891 3 341 3 550 683 268 415 686 267 419 3 663 3 335 3 528 519 188 331 659 251 408 3 609 3 306 3 502 668 256 412 828 236 391 769 339 430 801 343 458 786 338 448 778 343 435 111 341 436 730 315 415 747 318 429 789 325 464 776 333 443 780 329 451 794 334 459 8495 4,577 4219 827 451 376 809 441 368 832 444 388 839 446 393 761 375 386 770 376 394 745 369 376 715 364 351 687 348 339 642 343 300 44 427 1 725 5539 10 157 COTTON Cotton (excluding linters): Production: Ginnings fl thous running bales Crop estimate thous. net weight bales §.. Consumption thous. running bales. Stocks in the United States, total, end of period # thous. running bales.. Domestic cotton, total do... On farms and in transit do.... Public storage and compresses do.... Consuming establishments do.... See footnotes at end of tables. 2 10 2 826 11,122 2 15 2 150 15,733 11,122 6 135 5,409 446 9,260 9260 2,502 5,927 831 13,777 13776 3,752 9,268 756 7,201 7,200 1,054 1,509 1,037 3 539 435 5,938 5937 606 4,227 1.104 5,007 5006 460 3,469 1.770 441 4,109 4 108 278 2,808 1.022 3 531 3,217 3216 81 2,202 933 385 429 2,595 2594 25 1,687 882 16,970 16969 14,669 1,491 899 3 517 16,327 16326 13,692 1,940 694 448 403 15,628 15627 10,906 4,059 662 14,907 14907 7170 7,064 673 13502 15570 3 400 13,777 13776 3752 9,268 756 378 404 3056 S-31 SURVEY OF CURRENT BUSINESS April 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Feb. Annual 1982 1981 Mar. Apr. June May July Aug. Sept. Oct. Nov. Dec. Jan. Feb. TEXTILE PRODUCTS—Continued COTTON AND MANUFACTURES—Cont. Cotton (excluding linters) —Continued Exports thous running bales Imports thous. net-weight bales §.. Price (farm), American upland fl cents per lb.. Price, Strict Low Middling, Grade 41, staple 34 (1-1/16"), average 10 markets cents per lb.. Spindle activity (cotton system spindles): Active spindles, last working day total Consuming 100 percent cotton Spindle hours operated all fibers total Average per working day Consuming 100 percent cotton mil do.... bil do.. do.... Cotton cloth: Cotton broadwoven goods over 12" in width: Production (qtrly.) mil. sq. yd.. Orders, unfilled, end of period, compared with avg. weekly production no. weeks' prod.. Inventories, end of period, compared with avg. weekly production no. weeks' prod Ratio of stocks to unfilled orders (at cotton mills), end of period Exports, raw cotton equiv. thous. net-weight § bales Imports, raw cotton equivalent do.. *7975 16 76.4 8021 17 57.9 2352 6 71.4 733 8 72.3 498 (') 73.2 72.3 o 320 (7) 71.1 264 0 70.2 990 (7) 65.0 261 2 58.0 261 0 62.3 478 0 60.1 737 1 51.2 55.1 458 3 3 83.0 833 81.5 81.2 785 78.1 75.1 66.5 60.8 60.6 57.5 159 6.0 1024 0388 42.0 153 5.5 918 0.357 33.6 159 5.9 74 0371 2.7 157 5.8 4 92 0366 4 33 158 5.9 73 0365 2.7 156 5.8 74 0371 27 15 6 5.7 4 89 0358 4 3.2 156 5.7 68 0339 24 156 5.6 73 0363 25 155 5.5 4 89 0358 4 3.1 154 5.4 74 0371 2.6 154 5.5 71 0353 2.5 13.3 14.7 13.7 13.8 13.6 18.4 14.6 14.4 4.2 54 48 48 52 53 60 55 56 58 029 040 033 035 038 039 033 037 039 046 282 68.4 358 669 357 574 309 568 308 613 21 7 580 259 623 258 629 275 718 266 66.7 219 589 71.5 3,888 5 15.8 5 5 5402 567.0 3456 7663 971 971 653 1 49.9 5.5 5.5 2.5 2.3 4 953 12.7 MANMADE FIBERS AND MANUFACTURES Fiber production, qtrly: Filament yarn (acetate) Staple, incl. tow (rayon) Noncellulosic, except textile glass: Yarn and monofilaments . Staple incl tow Textile glass fiber . . . . mil lb do. 3085 4433 614 1163 37253 4 1482 8673 9792 10830 237 1 mil. lb.. do 184 272 158 293 12 1 237 126 273 do do do. . 2893 2870 104 1 2926 318 1 1090 291 9 3129 879 3344 3366 1210 10,774.1 39806 2,920.2 10359 128 1 141 8 1,604.0 174 1 1,105.7 246.3 2 910.7 9999 1279 1300 1,627.9 1768 1,096.3 2465 . Fiber stocks, producers', end of period: Filament yarn (acetate) Staple, incl tow (rayon) Noncellulosic fiber, except textile glass: Yarn and monofilaments Staple incl tow . Textile glass fiber do do do Manmade fiber and silk broadwoven fabrics: Production (qtrly.), total # mil. sq. yd.. Filament yard (100%) fabrics # . . do Chiefly rayon and/or acetate fabrics do.... Chiefly nylon fabrics do Spun yard (100%) fab., exc. blanketing # .. do.... Rayon and/ or acetate fabrics blends do Polyester blends with cotton do.... Filament and spun yarn fabrics do.... Manmade fiber gray goods, owned by weaving mills: Ratio stocks to unfilled orders end of period Prices, manufacturer to mfr., f.o.b. mill: 50/50 polyester/carded cotton printcloth, gray, 48" 3.90 yds /lb 78x54-56 $ per yd Manmade fiber manufactures: Exports, manmade fiber equivalent mil. Ibs.. Yarn tops thread cloth do Cloth, woven do .. Manufactured prods., apparel, furnishings do.... 5,899.6 4,342.9 763.8 0510 750 114 1 658 1185 1 Oil 1 1 116 0 2602 9728 1 051 3 2806 0564 0568 0581 0576 0574 771.54 41864 249.77 352.91 63773 31889 20848 318.84 53.50 2784 18.23 25.66 6733 3372 2167 33.62 6483 3576 2459 29.08 5805 2753 1820 30.51 5878 28 13 1871 30.66 4759 24 03 1584 23.56 4970 2424 1575 2547 48.77 2274 1384 26.02 5098 2460 1597 26.38 4695 23 16 1551 23.79 3808 1900 1274 19.09 do do .. do.... do do.... do 54064 97.48 67.28 2 443 15 378.52 18774 63908 13052 95.38 50856 434.87 18470 3855 8.04 5.50 3050 25.64 1009 4381 1186 8.91 3194 26.70 1051 4553 1087 7.73 3467 29.30 1251 5783 13 11 9.34 4472 36.66 1695 5801 1134 859 4667 4106 1768 66 66 1243 925 5423 4844 21 52 6932 1205 898 5727 4985 2190 5677 1005 7.77 4672 40.84 1730 6724 1233 8.46 5492 4743 2275 4912 1056 8.02 3856 31.96 1263 3951 mil. lb.. do do.... do 113.4 100 56.5 260 127.7 105 75.3 261 110 08 7.7 25 129 4 09 66 18 108 07 7.5 19 102 08 86 24 128 4 09 49 21 84 08 65 28 101 10 5.3 25 11 4 4 11 37 16 94 1i 6.0 18 94 07 5.1 20 Wool prices, raw, shorn, clean basis, delivered to U.S. mills: Domestic—Graded territory, 64's, staple 2-3/4" and up cents per lb. Australian, 64's, Type 62, duty-paid do.... Wool broad woven goods, exc. felts: Production (qtrly ) mil sq yd 5 2.45 5 5 2.78 5 268 3.12 2.74 3.07 278 3.14 278 3.16 283 3.19 283 3.23 283 3.20 2.83 3.16 283 3.16 283 3.17 2.83 3.12 1,515 11238 1 196 6,907 3.077 1,419 9961 1026 7,035 2.641 849 8 152 939 6,461 2.178 639 8015 813 5,192 2.097 Imports manmade fiber equivalent Yarn, tops thread cloth Cloth, woven Manufactured prods apparel furnishings Apparel, total Knit apparel 771 5.83 3180 2597 836 WOOL AND MANUFACTURES Wool consumption, mill (clean basis): Apparel class Carpet class .. Wool imports, clean yield Duty-free (carpet class) 3.09 3.16 4 4 4 4 11.2 4 09 5.3 20 537 FLOOR COVERINGS Carpet, rugs, carpeting (woven, tufted, other), shipments, quarterly mil. sq. yds . 1 082.2 255 1 2843 1000 15086 1251 9092 2.748 1275 1474 1552 13630 11 935 12079 1 158 1 159 1233 9,222 7914 8,909 2.509 2.429 2.461 APPAREL Women's, misses', juniors' apparel cuttings: Coats thous. units.. Dresses do Suits (incl pant suits jumpsuits) do Skirts do.... Blouses thous. dozen.. See footnotes at end of tables. 16,808 179 401 18 162 70,152 26.704 14845 136 176 13605 91025 30.322 994 13 108 1245 8,668 2.662 1633 1374 10218 11439 1 152 1218 6827 7342 2.449 2.617 275 3.01 49.7 Mar. SURVEY OF CURRENT BUSINESS S-32 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1982 1981 Feb. Annual April 1982 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. TEXTILE PRODUCTS—Continued APPAREL— Continued Men's apparel cuttings: Suits thous units Coats (separate), dress and sport do. .. Trousers (separate) dress do Slacks (jean cut) casual . do Shirts, dress and sport thous. doz.. Hosiery, shioments thous. doz. oairs.. 14074 16906 124011 253 640 40,988 281.654 14686 14,686 175 445 38,112 304.826 1015 1539 9471 15433 3,461 24.531 1 259 1 284 1367 1477 1,444 1,588 10826 11352 11 516 19064 15986 14 190 3,668 3,378 3,436 24.265 26.119 25.192 1393 1,575 11071 14 135 3,327 26.405 911 1,186 7857 13663 2,663 30.233 1252 1,448 11930 12,443 3,107 26.850 1294 1,801 1367 1682 17894 3,198 26.448 13360 3,107 27.141 1 227 1,433 10,052 2,864 24.125 1 139 1,312 10,178 2,441 19.796 TRANSPORTATION EQUIPMENT AEROSPACE VEHICLES Orders new (net) qtrly total @ U S Government Prime contract Sales (net) receipts, or billings, qtrly, total U S Government mil $ do. do do.. do Backlog of orders end of period # do U S Government . . do Aircraft (complete) and parts do.... Engines (aircraft) and parts do Missiles, space vehicle systems, engines, propulsion units and parts mil $ Other related operations (conversions, modifications), products, services mil. $.. Aircraft (complete); Shipments # 4£ Airframe weight # # Exports commercial $$ . do thous Ib mil $ r 70 409 r 33 497 r 68 407 r 58,440 r 76814 41 144 74782 68,589 32523 T 20 853 10 268 r 20 303 15,959 r 7455 18 298 r 9,747 17878 17,577 r 7884 16917 r 8,582 16 501 16,636 r 8 126 20746 12,547 20 100 18,417 9058 r 90 517 r 37 200 r 98742 45821 48,246 13890 r 95411 r 40 013 r r 96 132 r 41 876 r r 96 413 r 42,332 r 98742 45,821 48,246 13,890 26 674 47,186 11 595 r 8572 9016 10,330 14,554 r 49,129 13,422 49,989 12 497 50,568 11 449 r 8587 r 8652 11,536 11,449 13 043 1 14 041 1 1 0678 1 3553 1 501 8 13305 9239 9216 10204 8037 97068 92788 746 1049 963 8250 751 8551 8609 9,016 12,593 14,554 1 492.4 9312 916 762.6 5 180 413 8124 5299 608 1,329.5 8413 804 851.8 5373 538 1,130.2 7331 476 1,662.1 10 177 952 708.3 4 188 504 369 MOTOR VEHICLES (NEW) Passenger cars: Factory sales (from U.S. plants), total Domestic Retail sales, total, not seasonally adj t Domestics § . . Imports § Total seas adjusted at annual rate 1" Domestics § Imports § 3 thous.. do Trucks and buses: Factory sales (from U S plants) total Domestic Retail sales, seasonally adjusted:! Light-duty, up to 14,000 Ibs. GVW Medium-duty, 14,001-26,000 Ibs. GVW Heavy-duty, 26,001 Ibs. and over GVW 2 324 645 589 670 608 712 652 513 472 345 313 522 487 520 486 425 394 370 344 8,979 6581 2,398 8,535 6209 2,326 764 544 220 104 7.5 29 963 719 244 103 7.7 26 751 534 218 80 5.8 23 734 524 210 79 5.7 22 724 518 206 7.5 5.2 2.2 707 497 209 8.2 5.9 2.3 801 602 199 10.4 8.2 22 687 519 168 8.8 6.7 2.1 649 492 157 7.2 5.2 2.1 585 432 152 7.6 5.4 2.3 523 358 165 7.2 5.0 2.3 535 368 166 8.2 5.7 2.5 632 457 175 8.6 6.3 2.3 111 1520 1,438 1471 1,465 1335 1,210 1,216 1,090 1344 1,198 1,472 1,313 1,665 1,472 1,675 1,606 1,486 1,558 1,427 1,446 1,481 1,485 1,490 1,459 1,471 1,465 1,432 1,321 1,325 1,174 1,247 1,076 22 26 27 19 17 25 27 3.4 33 23 26 3.5 3.3 3.6 2.8 2.2 thous.. do do.... do 607.80 509 13 3,310.7 5948 538.12 470.75 3,000.8 5623 52.82 4631 209.0 295 60.36 53.12 306.6 53.9 58.52 52.65 282.3 55.6 63.81 58.32 254.1 56.0 57.84 51.87 282.4 59.8 49.85 45.96 250.1 41.0 31.79 29.00 259.2 33.8 37.99 34.08 173.7 43.7 35.22 28.41 236.0 48.8 29.73 24.95 237.3 58.9 29.18 22.37 233.7 45.7 17.27 13.42 259.9 37.1 23.87 19.46 195.9 58.0 do.... do 8,761 2469 8,444 2432 675 200 849 226 752 228 731 224 747 223 690 207 721 206 763 209 654 182 614 169 612 184 509 159 546 164 1 700 1513 135 118 167 146 162 142 159 139 180 161 127 111 87 75 130 115 165 152 123 112 127 115 116 108 do.... do.... do.... Retail inventories, end of period, seasonally adjusted"!" thous.. Exports (BuCensus), assembled units do.... Imports (BuCensus), including separate chassis and bodies thous Registrations, H new vehicles, excluding buses not produced on truck chassis thous Truck trailers and chassis, complete (excludes detachables), shipments number.. Vans do Trailer bodies (detachable) sold separately do Trailer chassis (detachable) sold separately do 3 1667 1 464 2 145 2 196 1,746.6 73.9 151.7 156.5 6.4 12.4 149.0 6.2 13.8 150.8 8.7 14.5 157.3 6.3 11.6 152.1 5.2 11.5 141.9 6.3 12.0 164.1 6.1 12.8 150.3 5.9 13.3 127.2 4.9 11.4 130.8 4.3 11.2 114.2 5.3 13.6 173.4 3.8 14.6 182.0 3.2 12.2 196.0 3.1 12.5 5740 190.32 559.4 170.51 5485 19.65 547.7 20.01 541.5 16.21 546.4 17.81 559.0 17.44 576.5 12.38 523.9 11.19 516.2 11.16 548.2 11.95 547.5 10.77 575.5 8.97 517.0 8.22 492.4 11.46 473.9 1 133 28 82677 46 10 7072 63.66 72.87 68.24 64.05 67.49 64.53 78.55 69.97 72.29 74.80 57.15 2 185 163 176 186 198 201 190 194 196 171 169 180 156 171 4 2477 8,913 4826 459 849 9,770 6061 340 1 189 10,533 6854 387 767 11,051 7378 542 855 9,474 6 159 404 1,062 r 9,612 r 5640 r 336 499 7,487 4298 220 504 2,983 3,781 2864 3442 1 155 1315 927 1,315 32,321 26,267 29,744 23,809 3,184 2971 798 798 23,648 21,403 3,529 3299 1,743 1,743 21,852 19,837 2,900 2656 1,013 638 18,831 16,685 2,063 1839 860 860 17,724 15,802 2,711 2,455 1,811 1,811 16,485 14,819 1,995 1833 r 815 r 815 14,735 13,231 1,762 1526 753 753 13,486 12,218 1,124 7.6 89.92 80.00 1,122 7.2 89.83 80.08 1,119 7.2 90.00 80.41 1,116 7.0 89.64 80.30 1,111 6.9 89.37 80.43 1,110 7.0 89.32 80.48 1,105 7.4 89.02 80.58 10,076 11,311 6710 5810 1,072 696 1 105 1077 117,707 r 71 032 r 7239 13356 8,311 4696 835 1332 9,490 5211 545 2662 9,980 5751 1009 885 Freight cars (new), for domestic use; all railroads and private car lines (excludes rebuilt cars and cars for export): Shipments number.. Equipment manufacturers do New orders do Equipment manufacturers do.... Unfilled orders, end of period do.... Equipment manufacturers do.... '85,920 '80 357 M3 955 MO, 140 52,370 47,866 '44,901 Ml 435 17916 17,288 16,485 14,819 4,709 4401 2069 2,069 45,121 41,197 5,162 4718 1559 1,559 41,539 38,059 4,245 3792 1762 1,737 38,972 35,920 4,143 3779 1,791 1,791 35,588 32,900 Freight cars (revenue), class 1 railroads (AAR): $ Number owned, end of period thous.. Held for repairs, % of total owned Capacity (carrying), total, end of mo mil. tons.. Averaee oer car tons.. 1,168 8.8 92.56 79.24 1,111 6.9 89.37 80.43 1,163 8.0 92.35 79.42 1,162 8.0 92.37 79.49 1,146 8.0 91.07 79.49 1,143 8.1 91.18 79.75 RAILROAD EQUIPMENT 576 201 7.9 5.9 2.1 1,963.5 92.3 175.7 125,278 75 172 11849 14202 See footnotes at end of tables. 467 620 565 do.... do do.... mil do.... do thous do 2 475 432 Inventory-retail sales ratio domestics § 1" Registrations fl, total new vehicles Imports incl domestically sponsored 273 256 6,225 5749 Retail inventories, end of mo., domestics: t Not seasonally adjusted thous Seasonally adjusted § do.... Exports (BuCensus), assembled cars To Canada Imports (BuCensus), complete units # # From Canada total r 6,400 5840 1,137 7.7 90.67 79.78 1,130 7.7 90.32 79.92 SURVEY OF CURRENT BUSINESS April 1982 S-33 FOOTNOTES FOR PAGES S-l THROUGH S-32 General Notes for all Pages: r p e c Revised, Preliminary, Estimated, Corrected. Page S-l t Revised series. Estimates of personal income have been revised as part of the 1980 benchmark revision of the national income and product accounts. An article describing that revision appears in'the Dec. 1980 SURVEY. Data for 1976-79 are available in a special supplement to the SURVEY. Pre-1976 data are available in The National Income and Product Accounts of the United States, 1929-76: Statistical Tables. $ Includes inventory valuation and capital consumption adjustments. # New series. Detailed descriptions begin on p. 18 of the Nov. 1979 SURVEY. See note "t" for this page for information on historical data. § Monthly estimates equal the centered three-month average of personal saving as a percentage of the centered three-month moving average of disposable personal income. PageS-2 1. Based on data not seasonally adjusted. # Includes data not shown separately. $ Revised series. For wholesale see note "$" for p. S-8. For manufacturing see note "t" for p. S-3. For retail see note "t" for P- S-8. t See note "t" for p. S-3. § See note "t" for p. S-8. @ See note "$" for p. S-8. # New series. Data back to 1967 are available from the National Income and Wealth Division, Bureau of Economic Analysis. Page S-3 $ Revised series. For wholesale see note "t" for P- S-8. For manufacturing see note "t" for this page. For retail see note "t" for p. S-8. t Revised series. Data have been revised back to 1972. A detailed description of this revision and historical data appear in the report "Manufacturers' Shipments, Inventories, and Orders" M3-1.10 (1972-1980), available from the Bureau of the Census, Washington, D.C. 20233. § See note "t" for p. S-8. © See note "$" for p. S-8. # New series. Data back to 1967 are available from the National Income and Wealth Division, Bureau of Economic Analysis. # Includes data for items not shown separately. PageS-4 1. Based on data not seasonally adjusted, t See note "t" for p. S-3. # Includes data for items not shown separately. $ Includes textile mill products, leather and products, paper and allied products, and printing and publishing industries; unfilled orders for other nondurable goods industries are zero. If For these industries (food and kindred products, tobacco, apparel and other textile products, petroleum and coal, chemicals and allied products, and rubber and plastics products) sales are considered equal to new orders. PageS-5 1. Based on unadjusted data. t See note "t" for p. S-3. @ Compiled by Dun & Bradstreet, Inc. # Includes data for items not shown separately. § Ratio of prices received to prices paid (parity index). 51 Revisions, back to 1975 for some commodities, are available upon request. $ See note "$" for p. S-4. Page S-6 § For actual producer prices of individual commodities see respective commodities in the Industry section beginning p. S-l9. All data subject to revision four months after original publication. t Revised series. Stage-of-processing producer price indexes have been revised back to 1976 to reflect updated industry input-output relationships and improved classification of some products. # Includes data for items not shown separately. $ Effective Feb. 1982, data have been revised back to 1977 to reflect new seasonal factors. PageS-7 1. Computed from cumulative valuation total. 2. Index as of Apr. 1, 1982: building, 325.0; construction, 347.3. # Includes data for items not shown separately. § Data for Jan., Apr., July and Oct. 1981, Jan. 1982 are for five weeks; other months four weeks. Page S-8 1. Advance Estimate. II Home mortgage rates (conventional first mortgages) are under money and interest rates on p. S-14. § Data include guaranteed direct loans sold. t Effective April 1982 SURVEY, wholesale trade data have been revised for Jan. 1972-Dec. 1981. Revised data are available upon request. t Effective April 1982 SURVEY, retail trade data have been revised for the years 1972-1981. Revised data and a summary of the changes are available from the Census Bureau, Washington, D.C. 20233. # Includes data for items not shown separately. PageS-9 1. Advance estimate. 2. Effective Jan. 1979 data, sales of mail-order houses are included with department store sales. 3. As of July 1. $ Includes data for items not shown separately. t Revisions for Jan. 1977-Oct. 1979 appear in "Current Population Reports," Series P-25, No. 870, Bureau of the Census. U Effective with the February 1982 SURVEY, the labor force series have been revised back to 1970 to reflect the 1980 Census of Population. Seasonal adjustment factors were revised accordingly. Revised monthly series appear in the February 1982 issue of Employment and Earnings. Revised annual series will appear in the March 1982 issue of Employment and Earnings, U.S. Department of Labor, Bureau of Labor Statistics. * New series. The participation rate is the percent of the civilian noninstitutional population in the civilian labor force. The employment-population ratio is employment as a percent of the total noninstitutional population, 16 years and over. t See note "f " for p. S-8. PageS-10 t Effective July 1981 SURVEY, data have been revised to reflect new benchmarks and new seasonal adjustment factors. See "BLS Establishment Estimates Revised to March 1980 Benchmarks," in the July 1981 issue of Employment and Earnings. f See note "U" for p. S-9. Page S-l 1 t See note "t" on p. S- 10. $ This series is not seasonally adjusted because the seasonal component is small relative to the trend-cycle and/or irregular components and consequently cannot be separated with sufficient precision. II Production and nonsupervisory workers. PageS-12 t See corresponding note on p. S- 10. U Production and nonsupervisory workers. $ Earnings in 1977 dollars reflect changes in purchasing power since 1977 by dividing by Consumer Price Index. § Wages as of Mar. 1, 1982: Common, $13.83; Skilled, $18.00. PageS-13 1. Average for Dec. # Includes data for items not shown separately. § For demand deposits, the term "adjusted" denotes demand deposits other than domestic commercial bank and U.S. Government, less cash items in process of collection; for loans, exclusive of loans to and Federal funds transactions with domestic commercial banks and include valuation reserves (individual loan items are shown gross; i.e. before deduction of valuation reserves). * New series. Beginning Dec. 1978, data are for all investment account securities; comparable data for earlier periods are not available. © Insured unemployment (all programs) data include claims filed under extended duration provisions of regular State laws; amounts paid under these programs are excluded from state benefits paid data. ©@ Insured unemployment as a percent of average covered employment in a 12-month period. S-34 April 1982 SURVEY OF CURRENT BUSINESS PageS-14 PageS-18 1. Data are for fiscal years ending Sept. 30 and include revisions not distributed to the months. 2. Average for the year. 3. Daily average. 4. Beginning Jan. 1981, data are for top-rated only. Prior data cover a range of top-rated and regional dealer closing rates. See also note 3 for this page. 5. Beginning Oct. 1981, data represent the total deficit (budget deficit plus off-budget deficit). # Includes data for items not shown separately. § The Department of Health, Education, and Welfare was redesignated as the Department of Health and Human Services by the Department of Education Organization Act. 11 Adjusted to exclude domestic commercial interbank loans and Federal funds sold to domestic commercial banks. $ Rates on the commercial paper placed for firms whose bond rating is Aa or the equivalent. Data through Oct. 1979 show a maturity for 120-179 days. Beginning Nov. 1979, maturity is for 180 days. @ Data through Oct. 1979 show a maturity for 150-179 days. Beginning Nov. 1979, maturity is for 180 days. 1. See note 1 for p. S- 16. 2. Annual total; quarterly or monthly revisions are not available. 3. Before extraordinary and prior period items. 4. For month shown. 5. Domestic trunk operations only (averaging about 90 percent of domestic total). # Includes data for items not shown separately. § Total revenues, expenses, and income for all groups of carriers also reflect nonscheduled service. t Beginning Jan. 1977, defined as those having operating revenues of $50 million or more. If Average daily rent per room occupied, not scheduled rates. PageS-15 1. M1-A has been discontinued. M1 -B will now be designated "M1." t Effective Feb. 1982 SURVEY, the money stock measures and components have been revised back to 1959. The Federal Reserve has redefined the monetary aggregates. The redefinition was prompted by the emergence in recent years of new monetary assets—for example, negotiable order of withdrawal (NOW) accounts and money market mutual fund shares—and alterations in the basic character of established monetary assets—for example, the growing similarity of and substitution between the deposits of thrift institutions and those of commercial banks. Monthly data from 1959 to date are available from the Banking Section of the Division of Research and Statistics at the Federal Reserve Board, Washington, D.C. 20551. $ Composition of the money stock measures is as follows: Ml-A.—This measure is currency plus demand deposits at commercial banks. It is essentially the same as the old M1 except that it excludes demand deposits held by foreign commercial banks and official institutions. Ml-B.—This equals M l - A plus interest-earning checkable deposits at all depositary institutions—namely NOW accounts, automatic transfer from savings (ATS) accounts, and credit union share draft balances—as well as a small amount of demand deposits at thrift institutions that cannot, using present data sources, be separated from interest-earning checkable deposits. M2.—This measure adds to Ml-B overnight repurchase agreements (RP's) issued by commercial banks and certain overnight Eurodollars (those issued by Caribbean branches of member banks) held by U.S. nonbank residents, money market mutual fund shares, and savings and small-denomination time deposits (those issued in denominations of less than $100,000) at all depositary institutions. Depositary institutions are commercial banks (including U.S. agencies and branches of foreign banks, Edge Act corporations, and foreign investment companies), mutual savings banks, savings and loan associations, and credit unions. M3.—This measure equals M2 plus large-denomination time deposits (those issued in denominations of $100,000 or more) at all depositary institutions (including negotiable CD's) plus term RP's issued by commercial banks and savings and loan associations. L.—This broad measure of liquid assets equals M3 plus other liquid assets consisting of other Eurodollar holdings of U.S. nonbank residents, bankers acceptances, commercial paper, savings bonds, and marketable liquid Treasury obligations. J$ Includes ATS and NOW balances at all institutions, credit union share draft balances, and demand deposits at mutual savings banks. # Overnight (and continuing contract) RP's are those issued by commercial banks to the nonbank public, and overnight Eurodollars are those issued by Caribbean branches of member banks to U.S. nonbank customers. @ Small time deposits are those issued in amounts of less than $100,000. Large time deposits are those issued in amounts of $100,000 or more and are net of the holdings of domestic banks, thrift institutions, the U.S. Government, money market mutual funds, and foreign banks and official institutions. # Includes data for items not shown separately. § Number of issues represents number currently used; the change in number does not affect the continuity of the series. PageS-16 1. Beginning Jan. 1981 data, U.S. Virgin Islands trade with foreign countries is included. § Number of issues represents number currently used; the change in number does not affect the continuity of the series. $ For bonds due or callable in 10 years or more. # Includes data for items not shown separately. @ Data may not equal the sum of the geographic regions, or commodity groups and principal commodities, because of revisions to the totals not reflected in the component items. PageS-17 1. See note 1 for p. S-16. 2. Beginning Jan. 1982 data, the Customs value is being substituted for the f.a.s. value. # Includes data not shown separately. § Data may not equal the sum of geographic regions, or commodity groups and principal commodities, because of revisions to the totals not reflected in the components. Page S-19 I . Reported annual total; monthly revisions are not available. 2. Data withheld to avoid disclosing operations of individual companies. 3. Beginning Jan. 1981, data represent gross weight (formerly phosphoric acid content weight) and are not comparable with data shown for earlier periods. 4. A portion of data is being withheld to avoid disclosing information for individual companies; not comparable with other published data. 5. Beginning Jan. 1980 data, another company is included. # Includes data for items not shown separately. § Data are reported on the basis of 100 percent content of the specified material unless otherwise indicated. $ Revisions, back to 1977 for some commodities, are available upon request. II Data for Jan. 1977-June 1979 exclude potassium magnesium sulfate; not strictly comparable with data shown for other periods. Page S-20 1 . Reported annual total; monthly revisions are not available. 2. Includes Hawaii; not distributed to the months. 3. Reported annual total, including Hawaii; monthly data are preliminary and subject to change. § Data are not wholly comparable from year to year because of changes from one classification to another. © Revisions, back to 1978 for some commodities, are available upon request. $ Revisions back to 1977 are available upon request. PageS-21 1 . Average for three months, price not available for Apr.-Dec. 2. Crop estimate for the year. 3. Stocks as of June 1. 4. Stocks as of June 1 and represents previous year's crop; new crop not reported until June (beginning of new crop year). 5. Previous year's crop; new crop not reported until Oct. (beginning of new crop year). 6. See note "@@" for this page. 7. Data are no longer available. § Excludes pearl barley. # Bags of 100 Ibs. H Revised crop estimates back to 1975 are available upon request. @ Revisions, back to 1977, for some commodities, are available upon request. J Revisions back to 1975 are available upon request. @@ Data are quarterly except for June (covering Apr. and May) and Sept. (covering June-Sept.). PageS-22 1 . Average for 1 1 months; price not available for Dec. 2. Average for nine months; index not available for Apr.-June. 3. Data are no longer available. § Cases of 30 dozen. H Bags of 132.276 Ibs. t Revisions for Jan. -July 1979 (back to 1975 for grindings of wheat) are available upon request. @ Revisions back to 1977 are available upon request. # Effective Apr. 1981 SURVEY, the wholesale price of smoked hams has been discontinued and has been replaced with the comparable price index. Annual indexes prior to 1979 and monthly indexes prior to Feb. 1980 are available upon request. PageS-23 1. Crop estimate for the year. 2. Average of the seven available indexes. 3. Annual total; monthly revisions are not available. § Monthly data reflect cumulative revisions for prior periods. $ Revisions back to 1975 are available upon request. * New series. Source: Bureau of Labor Statistics. # Totals include data for items not shown separately. PageS-24 1. Annual data; monthly revisions not available. 2. Less than 500 short tons. S-35 SURVEY OF CURRENT BUSINESS April 1982 PageS-25 PageS-29 1. Annual data; monthly revisions are not available. 2. For month shown. 3. Effective Jan. 1981, data are revised back to Jan. 1980. Inventory data formerly calculated by the Bureau of the Census are now based on the Steel Service Center Institute monthly Business Conditions report. 1. Reported annual total; revisions not distributed to the months. 2. Effective Jan. 1980, data are no longer available. 3. Average for 11 months; no price for Aug. 1980 or June 1981. 4. Average for 11 months; no price available for Nov. 1980 or for Oct. 1981. 5. Monthly data will be discontinued as of April 1982 SURVEY, due to budgetary limitations. The related annual report, MA26A, will continue to be published. If Consumption by 525 daily newspapers reporting to the American Newspaper Publishers Association. § Monthly data are averages of the 4-week periods ending on the Saturday nearest the end of the month; annual data are as of Dec. 31. $ Data are monthly or annual totals. Formerly weekly averages were shown. PageS-26 1. Annual data; monthly revisions are not available. 2. Less than 50 tons. H Includes secondary smelters' lead stocks in refinery shapes and in copper-base scrap. @ All data (except annual production figures) reflect GSA remelted zinc and zinc purchased for direct shipment. $ Source for monthly data: American Bureau of Metal Statistics. Source for annual data: Bureau of Mines. # Includes data not shown separately. t Effective July 1980 SURVEY, data are revised and shown on a new base. The sample size has been restored to 100 firms and the base has been changed to 1977= 100. The revised series are not comparable to previously published data. * New series. These indexes are based on shipments of hydraulic and pneumatic products reported by participating members of the National Fluid Power Association. Data back to 1959 are available upon request. PageS-27 1. Effective Jan. 1980, total stocks for bituminous coal and lignite exclude residential and commercial stocks and are not comparable with data shown for earlier periods. 2. Beginning 1981, data are for quarterly intervals. 3. Based on new 1981 stock level. See also note "$" for this page. 4. For month shown. 5. Data are for five weeks; other months 4 weeks. # Includes data for items not shown separately. @ Beginning July 1977, data are representive of those manufacturers reporting and are not an average of the total industry; they are not directly comparable with earlier data. * New series. Annual data prior to 1978 and monthly data prior to April 1979 are available upon request. § Includes nonmarketable catalyst coke. U Includes small amounts of "other hydrocarbons and hydrogen refinery input," not shown separately. f Revisions for 1978 are available upon request. $ Effective with 1981 petroleum data, the Energy Information Agency has changed some definitions and concepts to reflect recent developments in refining and blending practices. These changes include adding a category for gasohol production to motor gasoline production and accounting more precisely for distillate and residual fuel oil processed further after initial distillation. A description of these changes appears in the May 1981 issue of Monthly Energy Review, U.S. Department of Energy, Energy Information Administration. PageS-28 1. Based on new 1981 stock level. See also note "$" for p. S-27. 2. Effective April 1981, price represents simple average of Platt's/Lundberg special retail gasoline prices for 48 cities; not strictly comparable with prices shown for earlier periods which represent weighted average price. 3. Reported annual totals; revisions not allocated to the months. 4. Simple averages of prices are no longer available. 5. See note 5 for p. S-29. H Prices are mid-month, include taxes, and represent full service; comparable prices prior to Jan. 1979 are not available. # Includes data for items not shown separately. * New series. See note "T' for this page. $ Except for price data, see note "$" for p. S-27. PageS-30 1. Reported annual total; revisions not allocated to the months. 2. Crop for the year. 3. Data cover five weeks; other months, four weeks. 4. Data are not available prior to Jan. 1980. 5. Effective Nov. 1981, shipments of wide-mouth containers for "chemicals, household and industrial" are included in shipments for "medicinal and toilet" containers. # New series. Data for finishing mills have replaced data for weaving mills, which are no longer available. # Includes data for items not shown separately. 11 Cumulative ginnings to the end of month indicated. § Bales of 480 Ibs. PageS-31 1. Effective Jan. 1,1978, includes reexports, formerly excluded. 2. Annual total includes revisions not distributed to the months. 3. Average for crop year; Aug. 1-Jul. 31. 4. For five weeks; other months four weeks. 5. Monthly average. 6. Average for 11 months; no price for Oct. 7. Less than 500 bales. 8. Effective Aug. 1981 SURVEY, data are restated to represent millions of square yards. § Bales of 480 Ibs. If Based on 480-lb. bales, preliminary price reflects sales as of the 15th; revised price reflects total quantity purchased and dollars paid for the entire month (revised price includes discounts and premiums). # Includes data not shown separately. PageS-32 1. Annual total includes revisions not distributed to the months. 2. Estimates of production, not factory sales. 3. Beginning Jan. 1979, data reflect the inclusion of Volkswagens produced in the U. S. Beginning Jan. 1980, passenger vans (previously reported as passenger cars) are included with trucks. 4. Monthly data for 1980 as published in earlier issues of the SURVEY, exclude exports for off-highway trucks; not strictly comparable with data shown for other periods. # Total includes backlog for nonrelated products and services and basic research. § Domestics comprise all cars assembled in the U.S. and cars assembled in Canada and imported to the U.S. under the provisions of the Automotive Products Trade Act of 1965. Imports comprise all other cars. H Courtesy of R.L. Polk & Co.; republication prohibited. Because data for some states are not available, month-to-month comparisons are not strictly valid. t Excludes railroad-owned private refrigerator cars and private line cars. t Revisions, back to 1967 for some commodities, are available upon request. @ In the 1979 BUSINESS STATISTICS, 4th Qtr. 1977 should read "13,946" mil. $. It In the 1979 BUSINESS STATISTICS, annual data for 1977 should read "2,604.8" mil. $. ## Revisions back to 1977 are available upon request. The CURRENT BUSINESS STATISTICS Section of the SURVEY has been reduced from 40 to 36 pages. Some series will no longer be carried in the S-pages and those that remain will have new locations. The index to CURRENT BUSINESS STATISTICS lists the new page numbers. This change was made to reduce publication expenses and because some series have been discontinued by their source agencies. The quarterly series for plant and equipment expenditures and for U.S. international transactions appear in the white pages of the March, June, September, and December issues of the SURVEY. SOON TO BE RELEASED 1975-80 Personal Income Statistics for * U.S. > REGIONS * STATES »> COUNTIES *> SMSA's »> BEA ECONOMIC AREAS Total Personal Income By Type of Income Per Capita Personal Income For further information write: Regional Economic Measurement Division BE-55 Bureau of Economic Analysis U.S. Department of Commerce Washington, D.C. 20230 Labor and Proprietor's Income By Industry Group INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40 SECTIONS General: Business indicators Commodity prices Construction and real estate Domestic trade Labor force, employment, and earnings Finance Foreign trade of the United States Transportation and communication , 1-5 5, 6 7, 8 8, 9 9-13 13-16 16-18 18, 19 Industry: Chemicals and allied products Electric power and gas Food and kindred products; tobacco Leather and products Lumber and products Metals and manufactures Petroleum, coal, and products Pulp, paper, and paper products 19, 20 20 20-23 23 23, 24 24-27 27, 28 28, 29 Rubber and rubber products Stone, clay, and glass products Textile products Transportation equipment 29 30 30-32 32 Footnotes 33-35 INDIVIDUAL SERIES Advertising 8, 12 Aerospace vehicles 32 Agricultural loans 13 Air carrier operations 18 Air conditioners (room) 27 Aircraft and parts 4, 32 Alcohol, denatured and ethyl 19 Alcoholic beverages 8, 20 Aluminum 25 Apparel 2, 4-6, 8-12 Asphalt 28 Automobiles, etc 2-4, 6, 8, 9, 14, 15, 17, 32 Banking 13, 14 Barley 21 Battery shipments 27 Beef and veal , 22 Beverages 8, 17, 20 Blast furnaces, steel mills 3-5 Bonds, issued, prices, sales, yields 15-16 Brass and bronze 26 Brick 30 Building and construction materials 2, 4, 5 Building costs. 7 7 Building permits ..... 5 Business incorporation (new), failures . Business sales and inventories 2,3 21 Butter Cattle and calves 22 Cement . 30 Chain-store sales, firms with 11 or more stores 9 Cheese 21 Chemicals 2-4, 10-12, 15, 17,19, 20 Cigarettes and cigars. 23 Clay products 2-4, 30 Clothing. (See apparel). Coal 2,27 Cocoa 22 Coffee 22 Coke 27 Combustion, atmosphere, heating equipment 26 Communication 15, 19 Confectionery, sales 22 Construction: Contracts 7 Costs 7 Employment, unemployment, hours, earnings 10-12 Highways and streets 7 Housing starts 7 New construction put in place 7 Consumer credit 14 Consumer goods output, index 1, 2 Consumer Price Index 5, 6 Copper and copper products 25, 26 Corn 21 Cost of living (see Consumer Price Index) 5, 6 Cotton, raw and manufactures 5, 30, 31 Credit, commercial bank, consumer 14 Crops 5, 21, 23, 30 Crude oil 3, 27 Currency in circulation 15 Dairy products 5, 21 Debt, U.S. Government 14 Deflator, PCE 1 Department stores, sales, inventories 9 Deposits, bank 13, 15 3f Dishwashers Disposition of personal income Distilled spirits Dividend payments Drugstores, sales Earnings, weekly and hourly Eating and drinking places Eggs and poultry Electric power Electrical machinery and equipment 27 1 20 1, 15 8, 9 12 8, 9 5, 22 2, 20 2-5, 10-12, 15, 27 Employee-hours, aggregate, and indexes 11 Employment 10, 11 Explosives 20 Exports (see also individual commodities) 16, 17 Failures, industrial and commercial 5 Farm prices 5, 6 Farm wages 12 Fats and oils 17 Federal Government finance . 14 Federal Reserve banks, large commercial 13 Federal Reserve member banks 13 Fertilizers ,. 19 Fish.. 22 Flooring, hardwood 24 Flour, wheat 22 Food products 2-6, 8, 10-12, 15, 17, 20-23 Foreign trade (see also individual commod.) 16-18 Freight cars (equipment) 32 Fruits and vegetables 5 Fuel oil 5, 28 Fuels 2, 6, 17, 27, 28 Furnaces 27 Furniture 2, 6, 8-12 Gas, output, prices, sales, revenues 2, 6, 20 Gasoline 28 Glass and products 30 Glycerin 19 Gold 14 Grains and products 5, 6, 21, 22 Grocery stores 9 Gypsum and products 30 , Hardware stores 8 Heating equipment 26 Help-wanted advertising index 12 Hides and skins 6 Highways and streets 7 Hogs 22 Home Loan banks, outstanding advances 8 Home mortgages 8 Hotels and motor-hotels 18 Hours, average weekly 11 Housefurnishings 2, 4, 5, 8, 9 Household appliances, radios, and television sets 27 Housing starts and permits 7 Imports (see also individual commodities) 17, 18 Income, personal 2 Income and employment tax receipts 14 Industrial production indexes: By industry 1, 2 By market grouping 1, 2 Installment credit 14 Instruments and related products 2-4,10-12 Interest and money rates 14 Inventories, manufacturers' and trade 3, 4, 9 Inventory-sales ratios 3 Iron and steel 2, 15, 24, 25 Labor advertising index 14 Labor force 9, 10 Lamb and mutton 22 Lead 26 Leather and products 2, 6, 10-12, 23 Livestock 5, 22 Loans, real estate, agricultural, bank (see also Consumer credit) 8, 13 Lubricants 28 Lumber and products 2, 6, 10-12, 23, 24 Machine tools 26 Machinery 2-6, 10-12, 15, 17, 26, 27 Manufacturers' sales (or shipments), inventories, orders 3-5 Manufacturing employment, unemployment, production workers, hours, earnings 10-12 Manufacturing production indexes 1, 2 Meat animals and meats 5, 22 Medical care , 6 Metals 2-6, 10-12, 15, 24-26 Milk 21 Mining and minerals 2, 6,10-12,15 Monetary statistics 15 Money and interest rates 14 Money supply 15 Mortgage applications, loans, rates 8, 13,14 Motor carriers 18 Motor vehicles 2-4, 6, 8, 9, 15, 17, 32 National parks, visits 18 Newsprint 29 New York Stock Exchange, selected data 16 Nonferrous metals 2, 4, 5, 15, 25, 26 Oats 21 Oils and fats 17 Orders, new and unfilled, manufacturers' 4, 5 Outlays, U.S. Government 14 Paint and paint materials 20 Paper and products and pulp 2-4, 6, 10-12, 15, 28, 29 Parity ratio 5 Passenger cars 2-4, 6, 8, 9,15,17, 32 Passports issued 18 Personal consumption expenditures 1 Personal income 1 Personal outlays 1 Petroleum and products 2-4, 10-12, 15, 17, 27, 28 Pig iron 24 Plastics and resin materials 20 Population 9 Pork 22 Poultry and eggs 5, 22 Price deflator, implicit (PCE) 1 Prices (see also individual commodities) 5, 6 Printing and publishing 2, 10-12 Private sector employment, hours, earnings 10-12 Producer Price Indexes 6 Profits, corporate 15 Public utilities 1, 2, 7, 15, 16, 20 Pulp and pulpwood 28 Purchasing power of the dollar 6 Radio and television 8, 27 Railroads 13, 16, 18, 32 Ranges 27 Rayon and acetate 31 Real estate 8, 13 Receipts, U.S. Government 14 Refrigerators 27 Registrations (new vehicles) 32 Rent (housing) 6 Retail trade 2, 3, 5, 8-12, 14, 32 Rice 21 Rubber and products (incl. plastics) 2-4, 6, 10-12, 29 Saving, personal 1 Savings and loan assoc., new mortgage loans 8 Savings deposits 13 Securities issued 15 Security markets 15, 16 Services 6, 10-12 Sheep and lambs 22 Shoes and other footwear 23 Silver 14 Spindle activity, cotton 31 Steel (raw) and steel manufactures 25 Steel scrap 24 Stock market customer financing 15 Stock prices, yields, sales, etc 16 Stone, clay, glass products 2-4,10-12, 15, 30 Sugar. 23 Sulfur 19 Sulfuric acid 19 Superphosphate 19 Tea imports 23 Telephone and telegraph carriers 19 Television and radio 27 Textiles and products 2-4, 10-12, 15, 30, 31 Tin 26 Tires and inner tubes 29 Tobacco and manufactures 2-4,10-12, 23 Tractors 27 Trade (retail and wholesale) 2, 3, 5, 8-12, 32 Transit lines, urban 18 Transportation 6, 10-12, 15, 16, 18 Transportation equipment 2-6, 10-12, 15, 17, 32 Travel 18 Truck trailers 32 Trucks (industrial and other) 26, 27, 32 Unemployment and insurance 9,10, 13 U.S. Government bonds 16 U.S. Government finance 14 Utilities 2, 6, 7, 15, 16, 20 27 Vacuum cleaners 9 Variety stores 5 Vegetables and fruits 13 Veterans' unemployment insurance. Wages and salaries 1, 12 Washers and dryers 27 Water heaters 27 Wheat and wheat flour 21, 22 Wholesale trade 2, 3, 5, 8, 10-12 Wood pulp 28 Wool and wool manufactures 31 26 Zinc.,