Full text of Survey of Current Business : April 1992
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
APRIL 1992' ^ VOLUME 72 NUMBER SURVEY o CURRENT BUSINESS IN THIS ISSUE , , , . * Alternative Measures of Change in Real Output and Prices • Economic Theory and BEA?$ Alternative Quantity and Price Indexes U.S* DEPARTMENT OF COMMERCE ^ ECONOMICS AND STATISTICS ADMINISTRATION BUREAU OF ECONOMIC ANALYSIS APRIL 1992 VOLUME J1 KUMBER SURVEY of CURRENT BUSINESS » Department of Commerce Barbara Hackman Fmnklm* Secretary Economics and Statistics Administration 1 Business Situation 5 Corporate Profits and Property Income in 1991 9 National Income and Product Accounts 9 Selected NIPA Tables 28 NIPA Charts 30 Errata Mark W. Plant, Acting Under Secretary for Economic Affairs and Administrator US OMMMBP Of COMMENCE 3WEAU OF ECONOMC ANALYSIS Bureau of Economic Analysis 32 Alternative Measures of Change in Real Output and Prices Carol S. Garson* Director Alto H^Younjg, Acting Deputy Director 49 Economic Theory and BEA'S Alternative Quantity and Price Indexes 55 Annual Input-Output Accounts of the U.S. Economy, 1987 72 Personal Income by Region and State MitGr~in~CMef: Do&glas H, Fox Managing Editor: Lelaad I* Scott • Total Personal Income, Fourth Quarter 1991 • Per Capita Personal Income, Year 1991 Publication Smff: W. Roimie Foster, MrOretchea CJIbson* Eric B. Manning, Donald J.Parschalk OP Cufc&ENT BUSINESS. Published mp&thly by tfee Jtoetu of Econoinic Analysis of the U.S* Bepartment of Commerce. Editorial correspondence should be addressed to the Editor-in-Chief, SuEVBt OF Cxmn^KT BUSINESS, Bureau of Economic Analysis, tJ.S* Department of Commerce, Washing-, ton, t>c 20230. subscription: Second-class matl~-~$Z$.QQ $36.25 foreign; first-class mail-*-$76»oo» Sin^e<:opy—$8.00 domestic, $JQ,OO foreign. Mail subscription orders and address changes to the Superintendent of Documents, U;S, Government Printing Office, Washington, pc 20402, Make checks payable to the Superintendent of Documents, Second-class postage paid at Washington, DC and at additional mailing offices, (us^s 357-790}* The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of the public business required by law of this Department 81 County and Metropolitan Area Personal Income, 1988-90 C-pages: Business Cycle Indicators (Seepage C-l for contents) S-pages: Current Business Statistics (Seepage S-36for contents and subject index) Inside back cover: BEA Information ,—This issue of the SURVEY went to the printer on May S» 1992, It incorporates data from the foDomng monthly BEA uews Meases: Gross Domestic Product- (Apr. 2$), Personal Income and Outlays (Apr* 29)* and Composite Indexes of Leading, Coincident* and Lagging Indica|ors (Apr* 30), SURVEY OF CURRENT BUSINESS April 1992 THE BUSINESS SITUATION This article was prepared by Daniel Larkins, Larry R. Moran, and Ralph W. Morris. TO advance estimates of the national income and product accounts (NIPA'S), real gross domestic product (GDP) increased 2.0 percent in the first quarter of 1992 after increasing 0.4 percent in the fourth quarter of 1991 (chart i). Real gross domestic purchases increased 1.7 percent in the first quarter after decreasing 0.4 percent in the fourth, and real final sales to domestic purchasers increased 4.5 percent after decreasing i.o percent. The difference between the increase in final sales to domestic purchasers and the increase in gross domestic purchases reflected a sizable decrease in inventory investment (that is, change in business inventories) in the first quarter. Roughly four-fifths of the first-quarter increase in final sales to domestic purchasers was accounted for by personal consumption expenditures. The fixed-weighted price index for gross domestic purchases increased 2.7 percent in the first quarter after increasing 2.2 percent in the fourth. Most of the step-up was accounted for by a pay raise for Federal military and civilian personnel. Motor vehicles.—Real motor vehicle output increased 8.1 percent in the first quarter after falling 8.8 percent in the fourth; trucks accounted for most of the increase. Real final sales of motor vehicles jumped 12.6 percent after no change; a sharp increase in car sales accounted for the jump. Because the increase in output was smaller than that in final sales, inventory investment decreased. (Auto and truck output, sales, and inventories are shown in tabless 8.3-8.6 of the "Selected NIPA Tables.") In terms of units, domestic car production declined to 5.3 million units (seasonally adjusted annual rate) in the first quarter after declining to 5.6 million in the fourth. Sales increased modestly. Sales of imported cars increased to 2.3 million from 2.1 million, but sales of domestic cars edged down to 6.0 million from 6.1 million. Production and sales in the past four quarters have been lower than in any four consecutive quarters since 1982-83. Most of the difference between the sharp increase in the NIPA measure of car sales and the much smaller increase in unit car sales is ex- Selected Measures: Change From Preceding Quarter Percent ' , :, 10 REAL GROSS DOMESTIC PRODUCT 10 REAL GROSS DOMESTIC PURCHASES 5 0 T -5 -10 TO Looking Ahead... • Foreign Direct Investment in the United States. The results of projects to link detailed Census Bureau and Bureau of Labor Statistics establishment, or plant, level data with BEA data for foreign-owned U.S. business enterprises will be available this summer. The linked data will make it possible to analyze the contribution of foreign-owned companies to the U.S. economy at a more detailed level by industry and by State. GROSS DOMESTIC PURCHASES PRICE INDEX (FIXED WEIGHTS) 1990 1991 Note,—Percent Bhange M annual its Irom preening quarter: based U&i 1992 2 • April 1992 SURVEY OF CURRENT BUSINESS NOTE.—Quarterly estimates in the national income and product accounts are expressed at seasonally adjusted annual rates, and quarterly changes are differences between these rates. Quarter-to-quarter percent changes are annualized. Real, or constant-dollar, estimates are expressed in 1987 dollars. The advance GDP estimate for the first quarter is based on the following major source data, some of which are subject to revision. (The number of months for which data were available is shown in parentheses.) Personal consumption expenditures: Sales of retail stores (3), and unit auto and truck sales (3); Nonresidential fixed investment: Unit auto and truck sales (3), construction put in place (2), manufacturers' shipments of machinery and equipment (2), and exports and imports of machinery and equipment (2); Residential investment: Construction put in place (2), and housing starts (3); Change in business inventories: Manufacturing and trade inventories (2), and unit auto inventories (3); Net exports of goods and services: Merchandise exports and merchandise imports (2); Government purchases: Federal outlays (2), and State and local construction put in place (2); GDP prices: Consumer Price Index (3), Producer Price Index (3), nonpetroleum merchandise export and import price indexes (3), and values and quantities of petroleum imports (2). plained by an increase in the consumer share of unit sales (to 58.9 percent in the first quarter from 56.3 percent in the fourth). Because the average expenditure per car by consumers in recent years has been more than $1,500 above that by business, an increase in the consumer share results in an increase in total expenditures. In the third quarter of 1991, the consumer share fell to a record low of 51.5 percent, primarily reflecting manufacturers' aggressive fleet-marketing programs; in the fourth and first quarters, these programs were cut back, and the consumer share increased sharply. A first-quarter pickup in consumer car sales was consistent with a 3.o-percent increase—the largest in 2 years—in real disposable personal income after small increases in the third and fourth quarters. However, other factors that underlie consumer spending remained weak. The unemployment rate rose to 7.2 percent, the highest rate since 1986, and the Index of Consumer Sentiment (prepared by the University of Michigan's Survey Research Center) slid further. Factors specific to the motor vehicle industry also were mixed. Interest rates on loans for new cars were lower in the first quarter than in the fourth, but manufacturers' sales-incentive programs were modest in comparison with those offered most of last year. Domestic car inventories edged down at the end of the first quarter, the sixth consecutive quarter of decline. The publication of the unit inventory level and the inventory-sales ratio that are usually included in this article has been temporarily suspended to correct inconsistencies in the source data; BEA hopes to begin publishing these estimates again in July. A different measure that provides information on inventories is "days' supply," that is, the number of days that would be required to liquidate inventories at the current rate of sales. As reported in Ward's Automotive Reports, days' supply at the end of the first quarter fell to 63—close to the industry's historical target of about 60—from 73 at the end of the fourth quarter (not seasonally adjusted). Prices The fixed-weighted price index for gross domestic purchases increased 2.7 percent in the first quarter after increasing 2.2 percent in the fourth (table i). Most of the first-quarter step-up was accounted for by a 4.2-percent pay raise for Federal military and civilian personnel. (Increases in Federal employee compensation are treated in the NIPA'S as an increase in the price of employee services purchased by the Federal Government.) Table 1.—Price Indexes (Fixed Weights): Change From Preceding Quarter [Percent change at annual rates; based on seasonally adjusted index numbers (1987 = 100)] 1992 1991 II Gross domestic product Less" Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases III IV 3.3 2.6 2.1 —4 -24 30 3.6 -7.7 -2.0 2.2 I 3.1 o -2.6 2.4 2.5 2.7 Equals: Final sales to domestic purchasers .... 2.4 2.5 2.2 2.7 Personal consumption expenditures Food Energy Other personal consumption expenditures .... Nonresidential structures Producers' durable equipment Residential investment Government purchases 2.9 45 -12.1 3.8 19 0 25 16 2.8 -7 -33 4.0 24 J 36 20 2.8 11 5.7 2.9 3.1 22 -51 3.9 -12 1.7 -1 4 36 -89 -47.4 -1 4 -1 1 -3.1 -1.2 Loss" Change in business inventories . Addenda: Merchandise imports Petroleum and products Other merchandise -1.0 1.7 -.9 2.3 4.0 21.9 2.4 -32 -46.8 2.8 NOTE—Percent changes in major aggregates are found in table 8.1 of the "Selected NIPA Tables." Most index number levels are found in tables 7.1 and 7.2. April 1992 SURVEY OF CURRENT BUSINESS Prices of gross domestic purchases less food and energy, which may be viewed as a measure of the underlying inflation rate in the U.S. economy, increased 3.3 percent, up from a 2.4-percent increase (chart 2). Prices of personal consumption expenditures (PCE) increased 3.1 percent in the first quarter after increasing 2.8 percent in the fourth. Prices of the services components of PCE (except electricity and gas) increased more in the first quarter than in the fourth, as did prices of food, of clothing and shoes, and of furniture and household equipment. Prices of the energy components of PCE decreased in the first quarter after increasing in the fourth. Prices of motor vehicles and parts increased less in the first quarter than in the fourth. Prices of both residential and nonresidential structures decreased a little more in the first quarter than in the fourth. Prices of nonresidential producers' durable equipment increased 1.7 percent in both the first and the fourth quarters. Reflecting the Federal pay raise, prices of government purchases increased 3.6 percent after increasing 2.3 percent; prices paid by the Federal Government increased 6.8 percent after increasing 3.7 percent. Prices paid by State and local governments increased 1.1 percent, about the same as in the fourth quarter. The price index for GDP, which measures the prices paid for goods and services produced in the United States, increased 3.1 percent in the first quarter after increasing 2.1 percent in the fourth. This index differs from the price index for gross domestic purchases by including prices of exports and excluding prices of imports. Prices of exports were unchanged in the first quarter after increasing in the fourth, and prices of imports decreased, mostly due to a large drop in petroleum prices. Personal income Real disposable personal income (DPI) increased 3.0 percent in the first quarter after increasing 0.9 percent in the fourth (chart 3). The acceleration reflected a pickup in current-dollar disposable personal income, a downswing in personal tax and nontax payments, and a slowdown in the implicit price deflator for PCE. In current dollars, personal income increased $60.8 billion in the first quarter after increasing $42.0 billion in the fourth (table 2). The step-up was accounted for by transfer payments, which increased $41.9 billion after increasing $21.7 billion. The first-quarter increase in transfer Selected Personal Income and Sawing Meaisures Biliiortf CHANGE IN PERSONAL INCOME 90 10 Gross Domestic Purchases Prices (Fixed Wfeiijite): Change From Preceding Quarter . 120 n Ililnl CHANGE IN REAL DPI : ;; 5: -' Q Percent 81 Total | Less Food and Energy 10 ' PERSONAL SAVING RATE 1 t9$0 t /_i989 1900 1991 1902 Wok-Percent cftange af an annual rate from preceding quarter: based on seasonally adjusted Index mimfcers, {tOS^iOO}. •, ., U.S. Department of Commerce, Bureau, of Economic Analyst ' i":". ;ri990V;ir/:; y.S. department of (30mme;mef Bureau of Economic Analysis 1992 • 3 SURVEY OF CURRENT BUSINESS 4 • April 1992 payments was boosted by the following special factors: • Cost-of-living adjustments to the benefits paid under social security and under several other Federal employee retirement and income support programs. • An increase in unemployment insurance benefits resulting from the emergency unemployment compensation program, which provided for an additional 13 to 20 weeks of benefits to individuals who had exhausted their regular unemployment benefits. • A speedup of life insurance dividend payments to veterans (these payments are usually spread evenly through the year). • An increase in Earned Income Tax Credit payments resulting from the expansion of the basic credit rate. Wage and salary disbursements increased $23.7 billion in the first quarter, $6.8 billion more than in the fourth. Government wages and salaries— boosted by the pay raise for Federal civilian and military personnel—accounted for most of the acceleration. Proprietors' income increased $11.1 billion in the first quarter after increasing $9.5 billion in the fourth. Farm proprietors' income increased $0.9 billion after increasing $4.1 billion; the slowdown was more than accounted for by a downswing in Federal farm subsidy payments. Subsidy payments decreased $0.4 billion afterjumping $8.4 billion in the fourth quarter, when Conservation Reserve payments and deficiency payments increased strongly. (Conservation Reserve payments compensate land owners who devote their land to conservation uses under a long-term commitment; deficiency payments are made when the market price of a crop is, or is projected to be, below the Federal target price.) Farm proprietors' income excluding subsidies increased $1.2 billion after decreasing for two quarters; the turnabout largely reflected higher farm prices. Nonfarm proprietors' income increased more in the first quarter than in the fourth, reflecting pickups in retail trade and services and a turnaround in real estate. Among the remaining components of personal income, personal interest income decreased $17.6 billion after decreasing $11.0 billion; the decreases Table 2.—Personal Income and Its Disposition [Billions of dollars; seasonally adjusted at annual rates] Level Change from preceding quarter 1991 1992: 1 II Level 1992 III IV 21.8 16.9 II I 29.7 1.8 3.0 -1.2 6.9 16.5 552.6 4.7 1.3 2.4 8.4 Other labor income 301.1 4.3 4.3 4.2 4.1 Proprietors' income with IVA and CCAdj .. Farm Nonfarm 403.1 2.5 9.5 4.1 5.4 Rental income of persons with CCAdj Personal dividend income Personal interest income -10.7 129.4 688.1 -1.3 -8.3 Transfer oavments to oersons 827.3 14.3 Less: Personal contributions for social insurance Personal income Less: Personal tax and nontax payments . . 37.0 366.2 245.1 Equals: Personal saving 11.4 6.8 9.0 -7.6 .2 -2.5 1.6 4,956.1 53.1 617.0 -3.5 Equals: Disposable personal income .... 4,339.1 Less* Personal outlays 15.8 7.1 7.6 -.5 2.0 10.1 1.8 4.4 -2.6 -.1 12.8 23.7 -6.0 -4.6 -1.4 4.4 16.8 11.1 .9 -5.1 2.4 0 -17.6 12.2 21.7 41.9 2.3 32.2 1.5 1.1 42.0 3.3 4.7 60.8 -1.4 56.5 30.7 38.6 62.3 4,133.6 40.3 47.0 27.8 80.1 205.6 16.2 -16.3 10.9 -17.8 NOTE.-Most dollar levels are found in table 2.1 of the "Selected NIPA Tables." IVA Inventory valuation adjustment III 1992 I IV Addenda: Special factors in personal income: In wages and salaries: Federal Government and Postal Service pay adjustments .1 1.0 -.5 4.6 In farm proprietors' income: Agricultural subsidy payments .7 -7.4 8.4 -.4 In rental income of persons with CCAdj: Uninsured losses due to Oakland, California fire 0 0 -2.1 2.1 10.3 1.1 .7 -11.0 1.3 1991 1992: 1 2,863.0 738.1 559.7 178.4 648.3 924.0 Wage and salary disbursements Commodity-producing industries Manufacturing Other Distributive industries Service industries Government and government enterprises Change from preceding quarter In transfer payments to persons: Social security retroactive payments Cost-of-living increases in Federal transfer payments Emergency Unemployment Compensation payments Veteran's Life Insurance dividends ... Earned Income Credit payments Japanese-American World War II internee payments 0 .9 0 0 1.4 0 0 0 0 0 0 3.1 0 0 -.1 0 1.8 In personal contributions for social insurance: Soda! security rate and base changes and increase in premium for supplementary medical insurance 0 0 0 2.8 In personal tax and nontax payments: March 1992 change in withholding tables 0 0 0 -8.3 CCAdj Capital consumption adjustment .3 -.5 12.9 9.9 1.5 2.8 -1.7 SURVEY OF CURRENT BUSINESS reflected lower interest rates. Rental income of persons increased $2.4 billion in the first quarter after increasing $1.1 billion in the fourth; the fourth-quarter increase had been held down by $2.1 billion in uninsured losses that resulted from the brush fire in Oakland, California, in October. Reduced mortgage interest payments, which reflect the effects of lower interest rates and are deducted in measuring rental income, were offset by increased payments for points and related fees. In the NIPA'S, these costs are deducted when a mortgage is refinanced even when they are added to the mortgage principal. Personal contributions for social insurance, which are subtracted in deriving the personal income total, increased $4.7 billion in the first quarter after increasing $1.1 billion in the fourth. The first-quarter increase was largely due to the following special factors: • An increase in the social security taxable wage base for employees from $53,400 to $55,500, • Increases in the social security taxable earning base for the self-employed, • An increase in the medicare taxable wage base for employees from $125,000 to $130,200, and • An increase in the monthly premium for supplementary medical insurance. Personal tax and nontax payments decreased $1.4 billion in the first quarter after increasing $3.3 billion in the fourth. A reduction in personal income tax withholding that was implemented by executive action in March reduced first-quarter payments by $8.3 billion at an annual rate. In the first quarter, personal outlays—mainly PCE—increased substantially more than currentdollar DPI; thus, personal saving decreased $17.8 billion. The personal saving rate fell 0.5 percentage point to 4.7 percent. Corporate Profits and Property Income in 1991 Profits from current production—profits before tax plus inventory valuation adjustment (IVA) and capital consumption adjustment (ccAdj)— decreased $12.2 billion in 1991 after decreasing $32.7 billion in 1990 (table 3). At $306.8 billion, profits in 1991 were 15.9 percent below their peak in 1988. Profits of domestic nonfinancial corporations decreased $19.1 billion after decreasing $36.7 billion. Both decreases reflected drops in unit April 1992 • 5 profits that resulted from increases in costs that were larger than those in prices. Unit costs increased 3.4 percent in 1991 and 4.9 percent in 1990; in contrast, unit prices increased 2.5 percent in 1991 and 3.3 percent in 1990. Profits of domestic financial corporations increased $1.0 billion after decreasing $2.4 billion. Profits from the rest of the world increased $5.9 billion after increasing $6.3 billion. Much of the change in both years reflected drops in profits earned by U.S. affiliates of foreign corporations, which are subtracted in calculating rest-of-theworld profits. Cash flow from current production, a profitsrelated measure of internally generated funds available to corporations for investment, increased $12.8 billion in 1991 after decreasing $20.9 billion in 1990. As a percentage of nonresidential fixed investment, cash flow was 77.8 percent in 1991, up from 70.8 percent in 1990. Current-production measures of industry profits are not available because estimates of the ccAdj by industry do not exist; profits before tax (PBT) with IVA is the best available measure of industry profits. For domestic nonfinancial industries, this measure fell $10.6 billion in 1991 Table 3.-Corporate Profits Level 1991 Change 1990 1991 Billions of dollars Profits from current production Domestic . . Financial Nonfinancial Rest of the world IVA CCAdj Profits before tax Profits tax liability Profits after tax . 306.8 240.7 -32.7 -39.0 35.5 -2.4 205.2 -36.7 6.3 66.1 .... 3.1 -8.7 312.4 124.5 187.9 Profits by industry: Profits before tax with IVA Domestic Financial Nonfinancial Manufacturing Trade Transportation and public utilities Other Rest of the world Receipts (inflows) Payments (outflows) 315.5 249.5 41.7 207.7 81.7 45,8 45.8 34.4 66.1 63.8 -2.3 3.3 -23.9 -12.2 -2.7 -9.6 -8.8 -15.1 .4 -15.6 -17.9 -3.0 -.5 5.8 6.3 .3 -6.0 -12.2 -18.1 1.0 -19.1 5.9 17.3 -9.5 -19.9 -10.8 -9.1 -2.7 -8.5 2.1 -10.6 -14.0 6.0 1.3 -4.0 5.9 1.1 -7.0 Dollars Unit prices, costs, and profits of domestic nonfinancial corporations: Unit price Unit labor cost Unit nonlabor cost Unit profits from current production 1.135 .. .. .763 .295 .076 .035 .037 .013 -.013 .028 .018 .015 .007 NOTE.-Levels of these and other profits series are found in tables 1.14, 1.16, 6.16C, and 7.15 of the "Selected NIPA Tables." IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 6 • April 1992 SURVEY OF CURRENT BUSINESS after falling $15.6 billion in 1990. In both years, the drop was more than accounted for by manufacturing industries. Within manufacturing, decreases were widespread; motor vehicle manufacturers posted the largest decreases, and food manufacturers posted the largest increases. example, the increase in the Producer Price Index, a major source of information on inventory prices, slowed to 0.2 percent in 1991 from 3.7 percent in 1990. The CCAdj is the difference between the predominantly tax-based depreciation measure that Related measures.—PBT is more closely related to the measure on which corporate income taxes are based than is profits from current production.1 PBT decreased $19.9 billion in 1991 after decreasing $12.2 billion in 1990. The difference between the decrease in PBT and that in profits from current production in 1991 reflected an increase in the IVA that more than offset a decrease in the Profits From Current Production iikHi'j^ Nonfinancial Corporations, 1970-91 J&Q CCAdj. The IVA is an estimate, with the sign reversed, of the inventory profits that are included in PBT. Inventory profits decreased $17.3 billion in 1991 after decreasing $3.3 billion in 1990. The decreases reflected a slowing in the rate of increase of prices of inventoried goods held by corporations using non-LiFO inventory methods. For 200 Profits Net Interest I I I I I I I I I I I I I I I I I I 72 74 i. For detail on the major differences between PBT and the measure on which corporate income taxes are based, see table 8.22 in the "Selected NIPA Tables," in the January 1992 SURVEY. T6 76 8GL 82 84 86; B8 90 ylS. Department of Comrnerce, Bureau otEconomic Analysis , Table 4.—Property Income and Related Series for Domestic Nonfinancial Corporations, 1959-91 [Billions of dollars] Property income Year Profits from current production d) 1959 1960 1961 1962 1963 . 1964 1965 1966 1967 1968 1969 1970 1971 1972 . 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 .. .. 1988 1989 1990 1991 Domestic income Net reproducible assets1 (6) (7) Net interest Total 45.8 43.4 44.7 52.7 58.6 65.4 76.4 82.3 80.5 86.1 84.4 74.2 85.3 96.1 106.0 98.9 120.2 139.0 162.6 182.4 183.2 178.9 208.9 194.0 236.6 302.2 312.1 302.0 350.0 396.0 403.0 372.8 350.5 Total Profits tax liability Profits after tax (2) (3) (4) 42.6 40.0 40.8 48.2 53.8 60.0 70.3 74.9 71.8 76.0 71.3 57.1 67.2 77.0 83.6 70.6 91.5 111.5 132.0 146.1 138.1 120.7 136.9 111.5 159.9 214.3 221.4 203.8 244.2 274.4 261.0 224.3 205.2 20.7 19.2 19.5 20.6 22.8 24.0 27.2 29.5 27.8 33.6 33.3 27.2 29.9 33.8 40.2 42.2 41.5 53.0 59.9 67.1 69.6 67.0 63.9 46.3 59.4 73.7 69.9 75.6 93.5 101.7 99.2 96.1 84.1 1. Structures, equipment, and inventories, valued at current replacement cost. Data are averages of end-of-year values for adjacent years. NOTE.—Property income is profits from current production plus net interest. Profits from current production is corporate profits with inventory valuation adjustment and capital consumption adjust- (5) 21.9 20.8 21.3 27.5 31.0 36.1 43.1 45.4 43.9 42.4 37.9 29.9 37.2 43.2 43.4 28.4 50.0 58.5 72.1 79.0 68.5 53.7 73.0 65.2 100.4 140.7 151.5 128.2 150.8 172.6 161.8 128.2 121.1 3.1 3.5 4.0 4.5 4.8 5.3 6.1 7.4 8.8 10.1 13.2 17.1 18.1 19.2 22.5 28.3 28.7 27.5 30.6 36.3 45.1 58.2 71.9 82.5 76.7 87.9 90.7 98.3 105.8 121.6 142.0 148.5 145.3 217.2 224.6 230.1 252.8 269.7 292.0 322.8 356.2 372.8 409.3 443.3 452.8 487.3 543.2 612.0 655.7 700.6 795.7 904.2 1,033.3 1,148.7 1,234.3 1,376.3 1,407.2 1,512.3 1,716.6 1,821.0 1,889.9 2,026.1 2,210.3 2,325.9 2,396.1 2,403.3 392.0 406.9 417.7 431.0 448.6 471.0 503.4 551.0 603.9 660.4 729.3 800.2 871.0 955.2 1,076.2 1,273.1 1,468.0 1,612.9 1,779.3 2,000.4 2,283.1 2,606.0 2,938.1 3,180.3 3,300.2 3,435.8 3,606.7 3,744.1 3,889.6 4,101.4 4,314.6 4,486.8 4,599.7 ment. Profits after tax is also shown with inventory valuation adjustment and capital consumption adjustment. Current data on most series are shown in table 1.16 of the "Selected NIPA Tables." The value of structures and equipment through 1990 are from the January 1992 SURVEY OF CURRENT BUSINESS, pages 121 and 125; structures and equipment for 1991 and all data on inventories are unpublished BEA es' ' SURVEY OF CURRENT BUSINESS underlies PBT, on the one hand, and BEA'S estimate of economic depreciation, on the other. The CGAdj decreased $9.5 billion in 1991 after decreasing $23.9 billion in 1990. The decreases in the ccAdj in recent years reflected the longer service lives that the Tax Reform Act of 1986 (TRA) mandated for calculating tax-based depreciation. As assets subject to the TRA replaced assets with shorter tax service lives in the stock of depreciable assets, the ccAdj decreased. Most of the assets in the stock of depreciable assets are now subject to the TRA, and the downtrend in the ccAdj appears to be reversing itself. April 1992 • 7 leased in December 1991.) From 1970 to 1991, both types trended up, but the upward trend in net interest—an average annual rate of increase of 10.7 percent—was stronger than that in profits— an average annual rate of increase of 6.3 percent. As a result, the share of net interest in property income rose from 23.0 percent in 1970 to 41.4 percent in 1991. It is also worth noting that profits was more sensitive to the business cycle than net interest was: Profits decreased markedly in the recession years of 1974,1980,1982, as well as in 1989-91; in contrast, net interest increased in each of these years except 1991. Perspective can also be gained by examining property income in relation to the net reproducible assets and the domestic income of domestic nonfinancial corporations. Net reproducible assets consist of fixed capital stock and inventories, both measured at current replacement cost. Domestic income is property income plus compensation of employees. The ratio of property income to the value of net reproducible assets is the rate of return on these assets—that is, the rate of return, or Corporate property income Corporate property income consists of net interest payments as well as profits from current production. For domestic nonfinancial corporations, net interest payments decreased $3.2 billion in 1991 after increasing $6.5 billion in 1990. Chart 4 and table 4 provide a perspective on the recent movements in both types of property income. (The chart and table reflect the results of the comprehensive NIPA revision re- Table 5.—Selected Ratios, Domestic Nonfinancial Corporations, 1959-91 [Percent] Year Rate of return Share of domestic income Property income Property income Profits from current production Total d) 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 11.7 10.7 10.7 12.2 13.1 13.9 15.2 14.9 13.3 13.0 11.6 9.3 9.8 10.1 9.9 7.8 8.2 8.6 9.1 9.1 8.0 6.9 7.1 6.1 7.2 8.8 8.7 8.1 9.0 9.7 9.3 8.3 7.6 Total Profits tax liability Profits after tax (2) (3) (4) 10.9 9.8 9.8 11.2 12.0 12.7 14.0 13.6 11.9 11.5 9.8 7.1 7.7 8.1 7.8 5.5 6.2 6.9 7.4 7.3 6.0 4.6 4.7 3.5 4.8 6.2 6.1 5.4 6.3 6.7 6.0 5.0 4.5 5.3 4.7 4.7 4.8 5.1 5.1 5.4 5.4 4.6 5.1 4.6 3.4 3.4 3.5 3.7 3.3 2.8 3.3 3.4 3.4 3.0 2.6 2.2 1.5 1.8 2.1 1.9 2.0 2.4 2.5 2.3 2.1 1.8 5.6 5.1 5.1 6.4 6.9 7.7 8.6 8.2 7.3 6.4 5.2 3.7 4.3 4.5 4.0 2.2 3.4 3.6 4.1 3.9 3.0 2.1 2.5 2.1 3.0 4.1 4.2 3.4 3.9 4.2 3.7 2.9 2.6 Source: Table 4. NOTE.-Columns 1-5 are percentages of the stock of net reproducible assets (structures, equip- Net interest Total Profits from current production (5) (6) (7) 0.8 .9 .9 1.1 1.1 1.1 1.2 1.3 1.5 1.5 1.8 2.1 2.1 2.0 2.1 2.2 2.0 1.7 1.7 1.8 2.0 2.2 2.4 2.6 2.3 2.6 2.5 2.6 2.7 3.0 3.3 3.3 3.2 21.1 19.3 19.4 20.8 21.5 22.4 23.7 23.1 21.6 21.0 18.7 16.4 17.5 17.7 17.3 15.1 17.2 17.5 18.0 17.7 15.9 14.5 15.2 13.8 15.6 17.6 17.1 16.7 17.3 17.9 17.3 15.6 14.6 19.6 17.8 17.7 19.1 19.9 20.3 21.8 21.0 19.2 18.6 16.1 12.6 13.8 14.2 13.7 10.8 13.1 14.0 14.6 14.1 12.0 9.8 9.9 7.9 10.6 12.5 12.2 10.8 12.1 12.4 11.2 9.4 8.5 Average product of capital Net interest (8) (9) 1.4 1.5 1.7 1.8 1.8 1.8 1.9 2.1 2.4 2.5 3.0 3.8 3.7 3.5 3.7 4.3 4.1 3.4 3.4 3.5 3.9 4.7 5.2 5.9 5.1 5.1 5.0 5.2 5.2 5.2 6.1 6.2 6.0 0.555 .554 .552 .587 .609 .621 .641 .645 .616 .619 .620 .567 .560 .571 .572 .517 .477 .491 .506 .514 .503 .476 .467 .442 .462 .500 .509 .485 .520 .542 .538 .532 .521 mem, and inventories) valued at current replacement cost Columns 6-8 are percentages of do calculated as the ratio of column 1 to column 6. mestic income Golmn 9 is SURVEY OF CURRENT BUSINESS 8 • April 1992 yield, on "capital." A rate of return calculated in this way is an estimate of the profitability of new investment (assuming that the mix of new investment is the same as that of net re- Selected Ratios, Domestic Nonfinancial Corporations, 1970-91 I I I I I I I I I I I I I I I I I I I I I PROPERTY INCOME'S SHARE 15 ml I I I I I I I I I I I I I I I I I I I I I Ratio '6i PRODUCT PER DOLLAR OF CAPITAL producible assets). The use of property income, rather than just profits, as the numerator of this ratio reflects the assumption that a corporation's decision to invest in plant, equipment, and inventories depends on its estimate of the income stream that will flow from that investment. Given that estimate, the decision on whether to finance the investment out of equity or debt— that is, whether the income stream will take the form of profits or of interest—is a separate question, one presumably determined by financial considerations.2 The ratio of property income to domestic income is property income's share of domestic income—that is, the portion of domestic income that is not used to compensate labor. Property income's share is related to the rate of return by a third ratio—the ratio of domestic income to the value of net reproducible assets, which measures the average annual product per dollar of capital. (It should be noted that this ratio is not appropriate for use in productivity analysis; for productivity analysis, the denominator should measure capital services, not capital stock.) The three ratios are plotted for 1970-91 in chart 5 and are reported, along with related ratios, for 1959-91 in table 5. In 1991, property income's rate of return (column i) and its share of domestic income (column 6) fell to the lowest levels since 1983 and 1982, respectively. Lower profits were primarily responsible for the decreases. 51 . J I I I I | | I I I I ) I | I I I I I I J 197072 74 76 70 80 82 84 80 U.S. Department of Commerce, Bureau of Economic Analysis 88 .90 2. Rates of return can be calculated in many other ways; several are discussed in some detail in the April 1989 "Business Situation." SURVEY OF CURRENT BUSINESS April 1992 NATIONAL INCOME AND PRODUCT ACCOUNTS Selected NIPA Tables New estimates in this issue: First quarter 1992, advance. The selected set of national income and product accounts (NIPA) tables shown in this section presents quarterly estimates, which are updated monthly. (In most tables, the annual estimates are also shown.) Alternative quantity and price measures and a few series for tables 1.10 and 1.16 are not yet available; leaders are shown for these parts. The tables shown are available on the day of the gross domestic product (GDP) news release on printouts and diskettes on a subscription basis or from the Commerce Department's Economic Bulletin Board. Most shown in this section are available, beginning with 1959, on diskette or magnetic tape. For order information, write to the National Income and Wealth Division (BE-54), Bureau of Economic Analysis, Washington, DC 20230, or call (202) 523-0669. NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the Government Division. Table 1.1 .—Gross Domestic Product Table 1.2.—Gross Domestic Product in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates 1990 1991 1990 IV Gross domestic oroduct Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Nonfarm Farm Net exports of goods and services .. Exports Imports Government purchases Federal National defense Nondefense State and local II III IV 3,742.6 3,889.1 3,812.0 3,827.7 3,868.5 3,916.4 3,943.7 4,023.5 465.9 445.2 451.9 440.7 440.0 452.9 447.3 468.3 1,217.7 1,251.9 1,246.4 1,246.3 1,252.9 1,257.4 1,251.1 1,270.8 2,059.0 2,191.9 2,113.6 2,140.7 2,175.6 2,206.1 2,245.2 2,284.5 802.6 726.7 750.9 709.3 708.8 740.9 747.9 712.4 802.7 587.0 198.7 745.2 550.1 174.6 787.4 585.2 191.2 748.4 560.0 184.0 745.8 554.6 180.0 744.5 546.8 169.0 742.0 539.0 165.2 745.0 535.3 161.1 388.3 215.7 375.5 195.1 394.0 202.2 375.9 188.4 374.7 191.2 377.8 197.7 373.8 203.0 374.2 209.8 -18.5 -15.0 -36.5 -28.9 -37.1 -34.0 -3.6 -3.2 6.0 -32.7 -29.5 -3.5 -7.6 -39.2 -35.0 -42 0 2.0 -74.4 -30.7 -76.6 550.4 624.8 591.3 622.0 572.6 649.2 1,042.9 1,087.5 1,071.2 424.9 445.1 434.5 313.4 323.5 320.6 111.5 121.6 113.9 618.0 642.4 636.7 -36.8 -3.1 -17.2 -.4 -37.3 12.1 -6.1 -31.4 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. -3.2 -22.7 589.8 597.0 612.5 613.6 607.0 634.3 643.8 636.3 1,088.8 1,092.5 1,089.1 1,079.5 1,096.1 451.5 452.1 444.9 432.0 441.8 332.3 328.4 322.3 311.0 315.0 119.2 123.7 122.6 121.0 126.8 637.3 640.4 644.2 647.5 654.3 565.9 602.7 1991 1990 IV I 5,513.8 5,672.6 5,557.5 5,589.0 5,652.6 5,709.2 5,739.7 5,809.3 -2.0 1990 1992 1991 I Seasonally adjusted at annual rates Gross domestic product Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment ..i Residential Change in business inventories Nonfarm Farm Net exports of goods and services Exports Imports 1991 I II 1992 IV 111 I 4,884.9 4,848.8 4,855.1 4,824.0 4,840.7 4,862.7 4,868.0 4,891.9 3262.6 3,259.0 3,251.8 3,241.1 3,252.4 3,271.2 3,271.1 3,313.8 438.9 412.5 424.0 410.8 408.9 418.3 412.2 429.9 1,050.8 1,043.0 1,044.7 1,043.9 1,046.2 1,046.1 1,035.8 1,047.6 1,773.0 1,803.4 1,783.1 1,786.3 1,797.2 1,806.8 1,823.1 1,836.3 744.5 673.7 696.6 657.0 656.3 686.5 694.9 666.1 744.2 548.8 177.9 687.6 512.4 154.0 727.8 544.5 170.4 689.8 519.1 163.3 686.8 514.8 158.9 686.5 510.0 148.4 687.2 505.6 145.4 692.2 503.7 142.2 370.8 195.5 358.3 175.2 374.0 183.3 355.8 170.7 355.8 172.0 361.6 176.5 360.1 181.7 361.5 188.5 .2 -31.2 -25.7 -32.8 -31.1 .1 7.6 9.2 -5.5 -1.7 -30.4 -30.8 .4 -2.8 1.7 -13.9 -13.9 0 2.9 -1.6 -26.1 -26.0 1 -51.3 -20.9 -31.2 -18.6 -12.3 -31.1 -21.3 -17.8 505.7 557.0 537.8 558.7 522.5 553.7 512.5 531.1 535.7 548.0 545.2 576.3 558.0 579.3 559.4 577.1 -1.5 Government purchases 929.1 937.1 937.9 944.5 944.3 936.1 923.3 929.8 Federal National defense Nondefense State and local 380.9 281.3 384.9 281.4 103.5 552.2 382.6 282.0 100.6 555.3 391.7 289.4 102.3 552.7 392.7 287.0 105.7 551.7 384.5 280.4 104.1 551.6 370.7 268.7 102.0 552.7 372.8 267.6 105.2 557.1 99.6 548.2 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1O • SURVEY OF CURRENT BUSINESS April 1992 Table 1.3.—Gross Domestic Product by Major Type of Product Table 1.4.—Gross Domestic Product by Major Type of Product in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1990 1991 1990 IV Gross domestic product Final sales of domestic product Change in business inventories Goods1 II III 5,513.8 5,672.6 5,557.5 5,589.0 5,652.6 5,709.2 5,739.7 5,809.3 5,513.8 5,691.1 5,594.0 5,628.2 5,689.6 5,712.8 5,733.8 5,842.0 0 -18.5 -36.5 -39.2 -37.1 -3.6 6.0 -32.7 Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories Services ' 2,167.6 2,211.7 2,194.5 2,208.6 2,223.2 2,214.1 2,200.8 2,251.1 6.0 -32.7 920.3 929.4 906.1 920.5 918.0 941.7 -9.2 -14.5 -23.7 -18.5 -36.5 -39.2 -37.1 -3.6 927.7 934.6 901.3 926.5 897.7 927.2 873.0 916.4 906.1 939.5 -7.0 -25.1 -29.4 -43.5 -33.5 0 1,239.9 1,291.9 1,260.2 1,296.4 1,280.1 1,290.3 1,300.7 1,300.4 1,233.0 1,285.2 1,267.3 1,292.1 1,283.7 1,284.7 1,280.3 1,309.3 6.9 6.7 -7.1 4.3 -3.6 5.6 20.4 -9.0 2,834.0 3,012.9 2,905.5 2,951.7 2,999.0 3,035.1 3,065.7 3,118.1 512.2 . 466.5 494.0 467.9 467.4 463.5 467.3 472.9 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.5.—Relation of Gross Domestic Product, Gross Domestic Equals: Gross domestic purchases ' Less: Change in business inventories Equals: Final sales to domestic purchasers2 Gross domestic product Final sales of domestic product Change in business inventories 5913 5726 5659 5898 5970 6125 6136 6248 6220 6492 6027 6070 6343 6438 6363 5,588.1 5,703.3 5,634.0 5,625.8 5,669.8 5,746.5 5,771.1 5,832.0 Final sales Change in business inventories 4,884.7 4,862.7 4,886.3 4,856.8 4,8712 4,862.6 4,860.3 4,918.0 .2 -13.9 -31.2 .1 -30.4 -32.8 7.6 -26.1 1,957.8 1,942.9 1,959.8 1,949.8 1,952.4 1,940.4 1,928.8 1,965.6 Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories .2 139 -31.2 -32.8 -30.4 .1 7.6 -26.1 886.2 892.9 850.1 873.0 857.5 884.8 827.0 866.4 852.8 883.3 865.5 873.9 855.1 868.6 866.6 887.9 -6.7 -22.9 -27.3 -39.4 -30.5 -8.4 -13.4 -21.3 1,071.8 1,078.8 1,071.1 1,090.0 1,069.2 1,074.9 1,081.3 1,072.9 1,065.0 1,069.8 1,075.0 1,083.4 1,069.1 1,066.5 1,060.2 1,077.7 9.0 6.9 -3.9 .1 6.6 8.4 21.1 -4.8 2,464.8 2,504.6 2,481.8 2,487.6 2,502.7 2,511.8 2,516.2 2,529.6 Services ' Structures 462.0 415.3 444.6 416.1 419.4 410.4 415.3 422.8 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1.6.—Relation of Gross Domestic and Final Sales to Gross domestic product Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross domestic purchases * 327 Less: Change in business inventories 5,588.2 5,721.8 5,670.6 5,665.0 5,706.8 5,750.1 5,765.1 5,864.7 Equals: Final sales to domestic purchasers2 -365 4,884.9 4,848.8 4,855.1 4,824.0 4,840.7 4,862.7 4,868.0 4,891.9 Product, Domestic Gross Purchasers in Domestic Constant [Billions of 1987 dollars] 5504 -185 I IV III Dollars 5,513.8 5,672.6 5,557.5 5,589.0 5,652.6 5,709.2 5,739.7 5,809.3 o 1992 1991 II I 1,958.0 1,929.0 1,928.6 1,917.0 1,922.0 1,940.5 1,936.4 1,939.15 Goods * Purchases, [Billions of dollars] Less: Exports of goods and services Plus: Imports of goods and services IV Table Purchases, and Final Sales to Domestic Purchasers Gross domestic product 1990 1991 1990 I IV 2,167.6 2,193.2 2,158.0 2,169.4 2,186.1 2,210.5 2,206.8 2,218.4 Final sales Change in business inventories Structures 1992 1991 I -392 -371 -36 60 4,884.9 4,848.8 4,855.1 4,824.0 4,840.7 4,862.7 4,868.0 4,891.9 505.7 537.8 522.5 512.5 535.7 545.2 558.0 559.4 5570 5587 5537 531 1 5480 5763 5793 5771 4,936.2 4,869.7 4,886.3 4,842.6 4,853.1 4,893.8 4,889.3 4,909.7 2 -13.9 -31 2 -32.8 -30.4 .1 7.6 -26.1 4,936.0 4,883.6 4,917.5 4,875.4 4,883.5 4,893.7 4,881.7 4,935.8 1. Purchases by U.S. residents of goods and services wherever produced. 2. Final sales to U.S. residents of goods and services wherever produced. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1. Purchases by U.S. residents of goods and services wherever produced. 2. Final sales to U.S. residents of goods and services wherever produced. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.7.—Gross Domestic Product by Sector Table 1.8.—Gross Domestic Product by Sector in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Gross domestic product Business 5,513.8 5,672.6 5,557.5 5,589.0 5,652.6 5,709.2 5,739.7 5,809.3 4,699.4 4,803.3 4,722.3 4,734.7 4,786.8 4,835.0 4,856.8 4,909.8 Nonfarm 4,605.6 4,703.9 4,640.4 4,640.1 4,687.2 4,730.1 4,758.0 4,809.3 Nonfarm less housing .... 4,155.8 4,230.9 4,180.6 4,175.7 4,217.6 4,256.0 4,274.3 4,323.5 449.8 4729 4598 4643 4697 4741 4837 485.9 iiuuoiuy Housina 829 792 804 857 766 831 Farm 809 798 19.6 2.1 16.5 22.0 19.6 18.0 19.0 8.1 Statistical discrepancy 225.1 246.4 233.3 2375 243.7 249.9 254.3 259.3 9.1 216.1 9.5 236.8 9.1 224.2 9.2 228.3 9.5 234.2 9.6 240.2 9.8 244.5 9.9 249.4 General government 5892 622.9 601.9 616.8 622.0 624.3 628.6 640.2 Federal State and local 1794 4098 1888 4341 1810 4209 1894 4274 1887 4332 1884 4359 1886 4400 1955 444.7 Households and institutions Private households Nonprofit institutions Addendum: Gross domestic business product less housing 42451 Gross domestic product Business 4,884.9 4,848.8 4,855.1 4,824.0 4,840.7 4,862.7 4,868.0 4,891.9 4,180.4 4,134.7 4,145.1 4,111.4 4,126.4 4,148.6 4,152.4 4,175.0 Nonfarm 4,101 9 4 045.1 4,071.2 4,024.6 4,040.1 4,055.6 4,060.2 4,082.1 Nonfarm less housing .... 3,711.3 3,650.4 3,678.3 3,631.2 3,645.9 3,660.4 3,664.0 3,684.9 Housina 3906 3948 3929 3934 3942 3952 3963 3972 741 754 Farm 732 71 1 721 714 720 762 16.4 15.7 18.9 16.8 16.7 Statistical discrepancy 7.2 1.9 14.3 195.7 202.1 197.9 198.8 201.1 203.1 205.4 207.5 8.6 187.1 8.6 193.5 8.4 189.4 8.4 190.4 8.6 192.6 8.6 194.5 8.6 196.7 8.7 198.8 General Government 508.8 512.0 512.1 513.9 5132 511.0 5102 509.4 Federal State and local 1557 3531 1551 3569 1562 356.0 157.0 356.9 155.5 357.7 154.4 356.6 153.5 356.6 152.2 357.2 Households and institutions Private households Nonprofit institutions Addendum: Gross domestic business product less housing 37858 SURVEY OF CURRENT BUSINESS April 1992 • 11 Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income Table 1.10.—Relation of Gross Domestic Product, Gross National Product, Net National Product, and National Income in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1990 1991 1990 IV Gross domestic product Plus: Receipts of factor income from the rest of the world J Less: Payments of factor income to the rest of the world2 Equals: Gross national product I II III IV 147.7 135.0 158.3 147.9 131.6 132.0 128.6 137.0 121.8 132.6 125.2 123.5 121.0 117.6 27.7 8.1 4.8 471.0 31.2 19.0 .6 451.2 28.5 2.1 | 10.8 461.6 29.6 18.0 2.7 464.5 30.7 16.5 1.9 475.6 31.8 22.0 -7.1 482.3 32.8 19.6 4.9 586.8 -38.5 488.9 33.7 4.4 Equals: Personal income Addenda: Net domestic product Domestic income Gross national income 319.0 490.1 306.8 480.2 296.1 506.4 302.1 492.6 303.5 481.6 306.1 480.1 315.6 466.5 453.5 501.7 527.4 509.3 522.9 525.7 529.5 531.5 540.7 .1 721.3 -.1 718.6 .2 736.9 .2 730.1 -.4 721.8 0 716.7 0 705.7 0 688.1 124.8 128.5 127.0 128.7 127.4 128.7 129.4 129.4 661.7 733.2 682.2 712.5 725.7 736.8 757.6 798.5 I 4,884.9 4,848.8 II 1992 III IV 130.2 114.5 137.4 126.8 111.8 111.4 108.0 120.4 103.1 114.7 107.0 104.7 102.2 98.6 4,894.6 4,860.2 4,877.7 4,843.7 4,847.8 4,872.0 4,877.3 569.0 577.2 550.5 568.4 556.7 561.9 565.3 Equals: Net national product 4,344.2 4,291.8 4,321.0 4,281.8 4,282.5 4,303.0 4,300.1 Less: Indirect business tax and nontax liability plus business transfer payments less subsidies plus current surplus of goverment enterprises Statistical discrepancy Equals: National income Addenda: Net domestic product Domestic income Gross national income 7.2 16.4 I 4,855.1 4,824.0 4,840.7 4,862.7 4,868.0 4,891.9 Less: Consumption of fixed caoital 1.9 15.7 14.3 18.9 574.9 16.8 4,334.4 4,280.5 4,298.3 4,262.0 4,275.4 4,293.7 4,290.7 4,317.1 4,887.5 4,843.9 4,875.9 4,828.2 4,833.7 4,853.2 4,860.7 23.2 26.3 23.6 24.7 25.8 26.9 27.8 28.7 Table 1.11.—Command-Basis Gross National Product in Constant Dollars [Billions of 1987 dollars] Gross national product Less: Exports of goods and services and receipts of factor income from the rest of the world Plus: Command-basis exports of goods and services and receipts of factor income ' 4,679.8 4,834.4 4,764.7 4,768.0 4,821.1 4,853.3 4,895.3 4,956.1 Equals: Command-basis gross national product ... 4,919.0 5,049.7 4,952.1 4,973.6 5,032.6 5,085.5 5,107.1 5,184.1 4,448.9 4,529.0 4,481.1 4,467.1 4,522.8 4,548.9 4,577.3 5,516.5 5,666.7 5,581.1 5,593.7 5,644.1 5,698.1 5,731.1 Addendum: Terms of trade 2 1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. 1991 1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. , 2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. Equals: National income ...... 4,459.6 4,542.2 4,506.8 4,489.8 4,530.8 4,559.8 4,588.3 Less: Corporate profits with inventory valuation and capital consumption adjustments Net interest Contributions for social insurance Waqe accruals less disbursements Plus; Personal interest income Personal dividend income Government transfer payments to persons Business transfer payments to persons Gross domestic product Equals: Gross national product 625.2 1990 IV Plus: Receipts of factor income from the rest of the world ' Less: Payments of factor income to the rest of the world2 5,524.5 5,685.8 55832 5,611.7 5,660.6 5,720.1 5,750.7 439.2 1991 I 5,513.8 5,672.6 5,557.5 5,589.0 5,652.6 5,709.2 5,739.7 5,809.3 Less: Consumption of fixed capital 594.8 622.9 605.4 615.4 620.0 623.7 632.7 Capital consumption allowances 548.5 562.4 547.0 550.8 556.2 564.6 577.8 Less: Capital consumption -46.2 -60.6 -58.4 -64.5 -63.8 -59.1 -54.9 adjustment Equals: Net national product 4,929.8 5,062.8 4,977.8 4,996.3 5,040.6 5,096.4 5,118.0 Less: Indirect business tax and nontax liability Business transfer payments Statistical discrepancy Plus: Subsidies less current surplus of government enterprises .... 1990 1992 1991 4,894.6 4,8602 4,877.7 4,843.7 4,847.8 4,872.0 4,877.3 6358 6523 6599 6393 6475 656.6 6660 6208 6462 6250 6258 644.5 654.7 659.8 4,879.7 4,854.1 > 4,842.8 4,8302 4,844.9 4,870.1 4,871.1 97.6 99.1 94.7 97.9 99.6 99.7 99.1 1. Exports of goods and services and receipts of factor income deflated F011 by the implicit price deflator for imports of goods and services and payments of factor income. 2. Ratio of the implicit price deflator for exports of goods and services and receipts of factor income to the corresponding implicit price deflator for imports with the decimal point shifted two places to the right. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS 12 • April 1992 Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in Current and Constant Dollars Table 1.14.—National Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates 1990 1990 1991 IV II I Seasonally adjusted at annual rates 1992 1991 III 1990 I IV 1991 1990 I National income 4,459.6 4,542.2 4,506.8 4,489.8 4,530.8 4,559.8 4,588.3 Compensation of employees 3,290.3 3,3885 3,340.0 3,342.9 3,377.4 3,405.3 3,427.4 3,459.7 Wages and salaries Government Other Supplements to wages and salaries Employer contributions for social insurance ... Other labor income Proprietors' income with IVA and CCAdj Farm Proprietors' income with IVA CCAdj Nonfarm Proprietors' income IVA CCAdj Rental income of persons with CCAdj Rental income of persons .. CCAdj Corporate profits with IVA and CCAdj Corporate profits with IVA .. Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits IVA 2,738.9 2,808.2 2,778.3 2,771.1 2,800.2 2,822.4 2,839.3 2,863.0 544.2 552.6 514.0 540.5 525.4 536.0 540.1 541.8 2,224.9 2,267.7 2,253.0 2,235.1 2,260.1 2,280.6 2,295.1 2,310.4 551.4 580.0 561.6 571.8 577.2 582.9 588.1 596.7 277.3 274.0 289.4 290.6 281.7 279.9 287.5 284.2 288.7 288.5 290.2 292.8 291.1 297.0 295.7 301.1 3735 379.7 373.9 3645 380.0 382.5 392.0 403.1 42.5 35.1 41.2 32.8 39.6 32.0 36.1 37.0 50.3 -7.9 42.7 -7.6 49.0 -7.8 40.5 -7.7 47.1 -7.6 39.6 -7.6 43.6 -7.5 44.3 -7.3 330.7 308.9 -.8 344.5 325.4 -.3 332.7 313.0 -.5 331.4 312.5 -.3 340.4 321.6 -.3 350.5 331.5 -.5 355.9 335.8 -.1 366.2 345.6 -.4 22.7 19.5 20.2 19.1 19.2 19.4 20.1 21.0 -12.7 -9.5 -11.9 -11.7 -14.2 -13.1 -10.7 42.5 44.0 41.9 42.6 40.9 44.7 43.4 -53.4 -55.2 -53.5 -53.8 -54.2 -55.1 -57.7 -54.1 319.0 306.8 296.1 302.1 303.5 306.1 315.6 318.2 332.3 135.3 197.0 133.7 315.5 312.4 124.5 187.9 137.8 304.9 326.1 127.1 199.0 136.2 315.7 309.1 119.4 189.7 137.8 316.1 306.2 123.5 182.7 136.7 313.4 318.2 128.6 189.6 138.1 316.9 316.1 126.4 189.7 138.5 63.3 50.2 62.8 51.9 46.1 51.5 -4.8 51.2 -12.9 40.6 -14.2 CCAdj .8 490.1 Net interest Addenda: Corporate profits after tax with IVA and CCAdj 183.6 Net cash flow with IVA 415.4 and CAdj Undistributed profits with IVA and CCAdj 49.9 Consumption of fixed capital 365.5 Less: IVA -14.2 Equals: Net cash flow .... 429.5 CCAdj Capital consumption adjustment IVA Inventory valuation adjustment 3.1 -21.2 -8.7 -8.8 480.2 506.4 6.7 9.9 .7 -13.6 -12.6 -7.3 -1.3 492.6 481.6 480.1 466.5 138.6 -3.7 10.4 182.3 169.0 182.7 180.0 177.5 189.1 405.4 425.1 426.5 423.9 437.2 44.6 32.8 45.0 43.4 39.4 50.6 383.6 3.1 425.1 372.7 -21.2 426.7 380.1 6.7 418.4 383.2 9.9 416.6 384.6 -4.8 428.7 386.6 .7 436.5 Gross domestic product of corporate business Consumption of fixed capital .. Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies -3.7 III IV I 3,280.9 3,345.1 3,291.6 3,295.7 3,333.7 3,364.1 3,386.8 365.5 383.6 372.7 380.1 383.2 384.6 386.6 384.7 2,915.5 2,961.5 2,919.0 2,915.6 2,950.5 2,979.6 3,000.2 307.2 331.3 315.4 324.0 325.9 335.6 339.7 344.8 2,608.3 2,630.2 2,603.5 2,591.6 2,624.6 2,643.9 2,660.5 Domestic income Compensation of 2,186.8 2,231.1 2,215.9 2,202.4 2,223.9 2,242.8 2,255.3 2,268.4 employees Wages and salaries ... 1,833.3 1,868.0 1,857.2 1,844.0 1,862.3 1,877.7 1,887.9 1,897.8 Supplements to wages 353.5 363.1 358.7 358.4 361.5 365.1 367.4 370.7 and salaries Corporate profits with 258.8 240.7 223.3 227.5 241.7 243.1 250.6 IVA and CCAdj Profits before tax 246.3 253.3 234.5 244.5 255.2 251.1 272.1 119.4 127.1 123.5 128.6 126.4 135.3 124.5 Profits tax liability .. 124.7 126.6 121.0 126.3 115.1 136.8 121.9 Profits after tax 124.0 134.5 121.9 116.7 125.3 126.8 120.7 Dividends Undistributed 2.6 -9.8 -.9 -5.5 -3.4 -.6 20.1 profits .7 -3.7 6.7 -4.8 9.9 -14.2 IVA 3.1 -21.2 -1.3 10.4 -8.7 -7.3 -12.6 -13.6 CCAdj -8.8 .8 154.6 162.7 158.4 164.4 161.7 159.0 158.1 Net interest . . Gross domestic product of financial corporate business .. 272.0 290.8 277.5 283.9 289.8 294.0 295.7 Gross domestic product of nonfinancial corporate business .. 30089 3,0545 3,0145 3,011.8 30439 3,070.1 3,091.1 Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies 384.7 II Billions of dollars Consumption of fixed capital .. 428.2 1992 1991 IV 327.3 342.9 333.1 339.6 342.5 343.8 345.5 343.1 2,681.6 2,711.4 2,681.1 2,672.2 2,701.4 2,726.3 2,745.6 285.5 308.1 293.2 301.3 303.0 312.2 315.8 320.5 Domestic income 2,396.1 2,403.3 2,387.9 2,370.9 2,398.5 2,414.1 2,429.8 Compensation of 2,023.3 2,052.8 2,043.8 2,028.0 2,046.1 2,063.5 2,073.5 2,080.9 employees Wages and salaries ... 1,694.5 1,716.7 1,710.9 1,696.0 1,711.5 1,725.5 1,733.6 1,738.7 Supplements to wages and salaries 328.8 336.1 332.8 332.0 334.7 338.0 339.9 342.1 Corporate profits with 194.4 206.4 205.5 214.4 IVA and CCAdj 224.3 205.2 193.3 232.5 204.6 216.9 194.4 202.4 211.7 209.8 Profits before tax 85.7 87.2 83.6 84.1 79.9 89.0 96.1 Profits tax liability .. 136.4 120.5 127.9 114.5 118.9 124.5 124.1 Profits after tax 115.3 117.3 Dividends 127.8 118.6 119.9 114.1 112.2 Undistributed -3.7 ............ 7.2 3.6 .4 1.9 24.2 profits 8.0 .7 IVA . .. . -4.8 9.9 6.7 -14.2 3.1 -21.2 -1.4 -5.9 -2.4 CCAdj 3.9 14.8 -6.6 -2.5 5.9 Net interest 148.5 145.3 150.9 148.4 145.9 145.1 141.9 Billions of 1987 dollars Gross domestic product of nonfinancial corporate business .. 2,717.4 2,691.8 2,697.6 2,668.1 2,682.1 2,699.0 2,717.9 315.1 Consumption of fixed capital .. 303.0 312.3 305.7 309.1 311.3 313.6 2,414.4 2,379.5 2,391.8 2,359.0 2,370.7 2,385.4 2,402.9 Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies Domestic income CCAdj Capital consumption adjustment IVA Inventory valuation adjustment 316.4 SURVEY OF CURRENT BUSINESS Table 2.1 .—Personal Income and Its Disposition April 1992 • 13 Table 2.2.—Personal Consumption Expenditures by Major Type of Product [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates 1990 1991 1990 IV Personal income Wage and salary disbursements Commodity-producing industries Manufacturing Distributive industries Service industries Government Other labor income Proprietors' income with inventory valuation and capital consumption adjustments Farm Nonfarm Rental income of persons with capital consumption adjustment Personal dividend income Personal interest income Transfer payments to persons 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 Less: Personal tax and nontax payments Equals: Disposable personal income Less: Personal outlays Personal consumption expenditures Interest paid by persons .... Personal transfer payments to rest of the world (net) Equals: Personal saving Addenda: Disposable personal income: Total, billions of 1987 dollars Per capita: Current dollars 1987 dollars Population (mid-period, millions) Personal saving as percentage of disposable personal income I II III IV 2,738.9 2,808.3 2,778.2 2,770.9 2,800.6 2,822.4 2,839.3 2,863.0 745.4 555.8 634.6 845.0 514.0 738.7 556.5 641.2 887.8 540.6 745.2 557.3 639.0 868.8 525.2 733.4 549.3 635.1 866.5 535.8 735.2 552.3 642.0 883.0 540.5 742.3 559.9 644.0 894.4 541.8 744.1 564.3 643.9 907.2 544.2 738.1 559.7 648.3 924.0 552.6 274.0 290.6 279.9 284.2 288.5 292.8 297.0 301.1 379.7 373.9 364.2 380.0 382.5 392.0 403.1 42.5 35.1 41.2 32.8 39.6 32.0 36.1 37.0 330.7 344.5 332.7 331.4 340.4 350.5 355.9 366.2 -12.9 -12.7 -9.5 -11.9 -11.7 -14.2 -13.1 -10.7 124.8 128.5 127.0 128.7 127.4 128.7 129.4 129.4 721.3 718.6 736.9 730.1 721.8 716.7 705.7 688.1 684.9 759.5 705.8 737.2 751.5 763.7 785.4 827.3 352.0 380.0 358.4 373.1 377.2 381.7 388.1 403.5 17.9 17.8 26.6 18.4 20.5 17.9 23.6 18.0 27.0 18.7 26.5 18.4 29.4 18.3 38.6 20.6 1990 1991 1991 1990 IV I II 1992 III Personal consumption expenditures 3,742.6 3,889.1 3,812.0 3,827.7 3,868.5 3,916.4 Durable goods 465.9 445.2 451.9 440.7 440.0 452.9 Motor vehicles and parts .... 203.7 184.1 192.5 180.7 179.3 188.4 Furniture and household 172.0 170.4 171.1 172.8 173.9 equipment 1732 90.7 87.8 Other 89.1 88.9 89.2 89.0 1,217.7 1,251.9 1,246.4 1,246.3 1,252.9 1,257.4 Nondurable goods Food 595.8 619.3 604.8 616.3 620.5 620.4 Clothing and shoes 208.7 211.0 206.8 208.2 212.8 214.6 Gasoline and oil 106.8 102.8 123.2 105.0 102.0 101.7 11.4 11.7 122 11.7 13.1 Fuel oil and coal 12.5 Other 293.9 3072 298.6 304.5 3062 309.0 2,059.0 2,191.9 2,113.6 2,140.7 2,175.6 2,206.1 Services Housing 547.1 574.7 559.3 565.7 571.7 577.0 Household operation 212.7 225.4 216.5 218.6 225.4 226.5 103.7 102.4 99.8 97.2 99.6 103.0 Electricity and gas Other household operation 115.6 122.3 116.9 118.8 121.6 124.1 153.9 157.4 Transportation 147.6 155.9 151.7 1522 Medical care 523.1 576.9 543.4 555.9 570.0 583.5 628.4 659.1 642.8 648.2 654.7 661.6 Other I IV 3,943.7 4,023.5 447.3 468.3 188.0 196.7 170.0 178.9 89.4 92.6 1,251.1 1,270.8 620.0 208.4 102.5 112 308.9 629.9 217.0 98.0 11.2 314.7 2,2452 2^84.5 5842 230.9 106.1 591.7 225.6 124.8 160.1 598.1 671.9 126.1 163.6 614.3 689.2 99.5 Table 2.3.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars [Billions of 1987 dollars] 93.1 99.7 94.6 99.3 234.8 214.4 100.3 222.2 98.9 203.9 229.7 237.8 100.3 249.4 104.6 260.0 19.8 21.8 20.5 20.9 21.7 22.1 22.6 22.6 212.9 , 193.9 201.2 208.0 215.7 226.8 237.4 184.2 224.3 238.0 227.5 235.4 237.0 239.3 240.4 245.1 621.0 616.1 627.2 617.1 613.6 615.1 618.4 617.0 4,058.8 4,218.4 4,137.5 4,151.0 4,207.5 4,238.2 4,276.8 4,339.1 3,853.1 3,999.1 3,922.5 3,938.4 3,978.7 4,025.7 4,053.5 4,133.6 3,742.6 3,889.1 3,812.0 3,827.7 3,868.5 3,916.4 3,943.7 4,023.5 107.5 106.8 107.6 107.5 107.1 106.3 106.3 106.5 2.9 3.2 2.9 3.1 3.1 2.9 3.5 3.5 205.8 219.3 215.0 212.6 228.8 212.5 223.4 205.6 3,538.3 3,534.9 3,529.5 3,514.8 3,537.4 3,539.9 3,547.5 3,573.7 16,236 16,695 16,479 16,492 16,678 16,752 16,855 17,058 14,154 13,990 14,058 13,965 14,022 13,992 13,981 14,049 250.0 252.7 251.1 251.7 252.3 253.0 253.7 254.4 5.1 5.2 5.2 5.1 5.4 5.0 5.2 4.7 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. I 4,679.8 4,834.4 4,764.7 4,768.0 4,821.1 4,853.3 4,895.3 4,956.1 373.2 Seasonally adjusted at annual rates 1992 1991 Personal consumption 3,262.6 32590 3,251.8 expenditures 424.0 438.9 4115 Durable goods Motor vehicles and parts .... 191.4 167.9 179.8 Furniture and household 170.6 170.5 168.0 equipment Other 742 762 769 Nondurable goods . . .. 1,050.8 1,043.0 1,044.7 5159 5172 Food 5158 Clothing and shoes 187.4 182.9 184.1 Gasoline and oil 85.0 83.0 84.0 9.6 8.9 10.0 Fuel oil and coal Other 2526 2503 251 7 Services 1,773.0 1,803.4 1,783.1 Housing 474.5 478.9 476.9 Household operation 202.1 206.8 203.7 Electricity and gas 922 93.5 94.9 Other household opearation 109.9 112.0 110.2 Transportation 129.0 128.3 128.7 424.3 439.6 429.6 Medical care 543.0 549.7 544.3 Other 3,241.1 3,252.4 3,2712 3,271.1 3,313.8 410.8 408.9 418.3 4122 429.9 166.7 1642 170.9 169.7 177.4 168.9 751 171.1 736 172.5 169.4 731 177.3 74.9 75.3 1,043.9 1,0462 1,046.1 1,035.8 1,047.6 5187 5170 5174 5156 181.7 186.1 184.7 179.0 5209 184.7 81.8 83.0 83.6 81.4 9.3 2525 9.8 2503 83.6 10.1 9.4 2482 9.9 2506 2503 1,786.3 1,7972 1,806.8 1,823.1 1,836.3 477.3 201.7 478.3 207.1 95.6 479.4 208.0 952 480.7 210.4 91.7 96.9 90.9 110.0 127.0 432.9 547.5 111.5 127.9 436.9 547.1 112.9 128.9 441.7 548.9 113.5 129.5 447.0 555.5 113.0 481.8 203.9 1292 453.4 568.0 SURVEY OF CURRENT BUSINESS 14 • April 1992 Table 3.2.—Federal Government Receipts and Expenditures Table 3.3.—State and Local Government Receipts and Expenditures [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates 1990 1991 1990 IV Receipts Personal tax and nontax receipts Income taxes Estate and gift taxes Nontaxes Corporate profits tax accruals Federal Reserve banks Other Indirect business tax and nontax accruals Excise taxes Customs duties Nontaxes Contributions for social insurance Expenditures Purchases National defense Nondefense Transfer payments (net) To persons To rest of the world (net) ... Grants-in-aid to State and local governments Net interest paid Interest paid To persons and business To rest of the world (net) Less: Interest received by Government Subsidies less current surplus of government enterprises . Subsidies Less: Current surplus of government enterprises .. Less: Wage accruals less disbursements Surplus or deficit (-), national income and product accounts Social insurance funds Other II I Seasonally adjusted at annual rates Receipts 482.2 469.7 470.4 458.4 485.5 474.0 473.9 462.1 468.8 457.2 469.9 457.0 469.0 4572 466.8 455.0 11.6 11.0 10.7 10.9 10.7 10.7 10.6 11.8 .9 1.0 .8 .9 1.0 1.0 1.1 112.1 102.9 105.7 106.2 104.4 22.8 80.1 24.0 81.7 99.0 23.3 75.7 102.0 23.6 88.5 22.6 79.5 23.0 832 22.6 81.8 65.8 36.2 17.5 68.5 39.0 17.4 12.1 78.2 46.6 16.6 15.0 77.1 46.4 16.1 14.6 78.7 46.0 17.1 15.6 81.2 46.1 18.9 122 78.8 46.3 17.2 15.3 162 80.5 46.5 18.0 16.0 444.7 468.0 451.1 464.1 466.3 469.9 471.6 480.2 1.1 523.8 511.1 12.6 1322 505.1 543.0 -37.9 534.9 547.4 -12.5 556.6 560.9 12.7 457.5 535.3 -77.8 -4.3 598.5 594.3 4.2 152.8 137.3 143.7 151.0 153.3 163.3 168.5 177.5 209.2 171.4 188.7 220.1 181.1 177.7 216.5 177.4 185.7 217.4 178.2 189.7 220.3 191.4 222.3 183.7 219.3 182.5 37.9 39.0 39.1 39.3 1812 39.1 187.9 220.4 181.4 39.0 38.6 36.9 31.8 31.5 38.8 31.7 30.6 32.5 31.0 32.1 24.7 27.5 21.5 27.8 31.2 33.0 23.4 28.6 22.7 29.7 13.9 20.6 26.0 32.4 25.8 31.9 1872 2.8 6.3 1.9 5.1 7.0 6.8 6.4 6.2 .1 -1 .2 .2 -.4 0 0 0 60.6 43.4 58.2 47.9 44.6 44.4 36.7 Indirect business tax and nontax accruals Sales taxes Property taxes cither Contributions for social insurance 15.6 1990 1992 1991 IV I II 741.3 749.4 764.1 777.4 795.8 141.8 143.2 109.1 144.9 110.3 145.2 110.0 16.2 17.9 16.5 18.1 16.8 18.4 149.5 113.7 172 IV III I 724.5 771.7 138.8 106.1 145.7 110.8 15.5 17.3 16.7 182 1082 15.9 17.6 232 21.6 21.4 20.4 21.4 22.4 22.0 373.4 181.4 152.1 3922 188.8 162.1 382.6 185.0 156.1 383.4 183.9 158.6 387.3 186.3 161.0 397.0 192.4 163.3 401.1 192.7 165.7 408.4 196.6 168.1 39.8 41.2 41.5 40.9 40.0 41.2 42.7 43.7 18.6 1502 113.8 17.5 18.9 57.0 59.4 582 58.8 59.4 59.6 59.9 60.5 132.2 152.8 137.3 143.7 151.0 153.3 163.3 168.5 Expenditures 698.8 741.7 723.3 729.0 736.5 745.6 755.6 768.7 Purchases Compensation of employees Other 618.0 642.4 636.7 637.3 640.4 644.2 647.5 654.3 409.8 2082 434.1 2082 420.9 215.7 427.4 209.9 4332 2072 435.9 208.3 440.0 207.5 444.7 209.6 171.0 Federal grants-in-aid 1772 182.7 189.4 196.7 204.2 -56.7 -57.6 -58.4 -59.2 62.4 -55.7 632 64.0 64.9 65.8 66.7 121.6 117.2 118.9 120.7 122.5 1242 125.9 9.0 92 9.2 9.1 92 9.4 9.1 92 -20.0 .4 -20.9 .4 -20.4 .4 -20.8 .4 -20.8 .4 -21.0 .4 -21.1 .4 -21.3 .4 20.3 21.3 20.8 21.1 212 21.4 21.5 21.7 0 0 0 0 0 0 0 0 Transfer payments to persons 163.5 186.5 Net interest paid Interest paid Less: Interest received by Government -53.7 -57.1 61.1 64.5 114.9 Less: Dividends received by government! Subsidies less current surplus of government enterprises . Subsidies Less: Current surplus of government enterprises .. Less: Wage accruals less disbursements Surplus or deficit (-), national income and product accounts Social insurance funds Other -165.3 -201.6 -193.6 -146.4 -206.7 -2102 -243.1 -225.9 -245.0 -251.8 -194.4 -251.3 -254.6 -279.9 Personal tax and nontax receipts Income taxes Nontaxes Other Corporate profits tax accruals 1,270.1 1,321.7 1,304.4 1,261.6 1,321.0 1,334.8 1,369.3 1,421.8 424.9 445.1 434.5 451.5 452.1 444.9 432.0 441.8 313.4 323.5 320.6 332.3 328.4 322.3 311.0 315.0 111.5 121.6 113.9 119.2 123.7 122.6 121.0 126.8 513.5 546.6 -33.1 1991 I IV III 1,104.8 1,120.1 1,110.7 1,115.2 1,114.3 1,124.6 1,1262 510.8 498.2 1990 1992 1991 548 25.7 30.0 18.0 20.4 27.6 31.8 40.3 63.8 65.3 64.9 65.0 65.6 65.6 65.1 -38.1 -35.3 -46.9 -44.7 -38.0 -33.8 -24.8 65.2 SURVEY OF CURRENT BUSINESS April 1992 • 15 Table 3.7B.—Government Purchases by Type Table 3.8B.—Government Purchases by Type in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates 1990 1991 1990 IV Government purchases Federal . National defense Durable goods Nondurable goods Services Compensation of employees Military Civilian Other services Structures Nondefense Durable goods Nondurable goods Commodity Credit Corporation inventory change ... Other nondurables Services Compensation of employees Other services Structures State and local Durable goods Nondurable goods Services Compensation of employees . . Other services Structures . 1991 I Seasonally adjusted at annual rates 1990 1992 II III IV 1991 I 1,042.9 1,087.5 1,071.2 1,088.8 1,092.5 1,089.1 1,079.5 1,096.1 424.9 445.1 434.5 451.5 452.1 444.9 432.0 441.8 313.4 85.9 12.7 208.4 323.5 89.5 12.9 216.3 320.6 87.5 18.6 208.7 332.3 91.5 14.8 220.8 328.4 93.9 11.2 217.9 322.3 88.6 12.4 217.0 311.0 84.1 13.3 209.3 315.0 82.3 12.5 215.1 124.5 82.7 41.8 83.9 6.4 131.7 87.3 44.4 84.6 4.8 126.2 83.9 42.2 82.5 5.8 132.6 88.5 44.1 88.2 5.1 131.8 87.4 44.4 86.1 5.4 131.3 86.7 44.6 85.7 4.3 131.0 86.4 44.6 78.3 4.3 134.6 88.7 45.9 80.5 5.0 111.5 5.7 5.1 121.6 5.9 6.2 113.9 6.0 5.4 119.2 5.7 8.5 123.7 6.3 8.6 122.6 6.0 5.1 121.0 5.9 2.6 126.8 6.1 4.4 -1.7 6.8 92.5 .5 5.7 99.6 -.8 6.2 94.3 3.3 5.2 96.9 1.9 6.6 98.8 -.5 5.6 101.4 -2.7 5.4 10.1.3 -1.2 5.5 105.6 54.9 37.6 8.2 57.1 42.5 9.9 54.8 39.5 8.2 56.8 40.1 8.1 56.9 41.9 10.1 57.1 44.3 10.1 57.6 43.7 11.1 60.9 44.7 10.8 618.0 642.4 636.7 637.3 640.4 644.2 647.5 654.3 33.7 54.9 439.2 35.7 55.2 462.5 34.7 58.2 450.4 35.3 56.1 457.1 35.6 55.0 462.3 35.7 55.1 464.2 36.0 54.8 466.5 36.3 54.1 470.6 409.8 29.4 90.1 434.1 28.4 89,0 420.9 29.5 93.4 427.4 29.6 88.9 433.2 29.1 87.6 435.9 28.3 89.2 440.0 26.6 90.2 444.7 25.9 93.3 I IV Government purchases Federal National defense Durable goods Nondurable goods Services Compensation of employees Military Civilian Other services Structures Nondefense Durable goods Nondurable goods Commodiiy Credit Corporation inventory change ... Other nondurables Services Compensation of employees Other services Structures State and local Durable goods Nondurable goods Services Compensation of emolovees Other services Structures 1992 1991 1990 II HI IV 929.1 937.1 937.9 944.5 944.3 936.1 923.3 929.8 380.9 384.9 382.6 391.7 392.7 384.5 370.7 372.8 281.3 80.5 9.9 185.4 281.4 82.3 11.3 184.2 282.0 81.2 12.2 183.7 289.4 83.7 12.1 189.7 287.0 86.3 10.2 186.4 280.4 81.7 11.2 184.4 268.7 77.5 11.6 176.2 267.6 75.8 11.6 176.3 108.1 72.1 36.1 77.3 5.5 108.4 72.3 36.1 75.8 3.6 109.1 72.9 36.1 74.6 4.9 110.2 74.0 36.2 79.5 3.9 108.9 72.7 36.2 77.5 4.2 107.9 71.7 36.2 76.6 3.1 106.7 70.8 35.9 69.4 3.4 105.0 69.6 35.4 71.3 3.9 99.6 5.5 5.1 103.5 5.7 5.7 100.6 5.9 5.3 102.3 5.4 7.6 105.7 5.9 7.9 104.1 5.7 4.8 102.0 5.7 2.7 105.2 5.9 4.6 -1.0 6.2 81.5 .8 4.9 83.4 -.4 5.8 82.1 3.2 4.4 82.0 2.1 5.8 83.0 -.1 4.8 84.7 -2.0 4.6 83.9 -.1 4.8 85.1 47.6 33.9 7.4 46.7 36.7 8.7 47.1 35.0 7.4 46.8 35.2 7.2 46.6 36.4 8.9 46.6 38.2 8.9 46.8 37.1 9.8 47.2 37.8 9.5 548.2 552.2 555.3 552.7 551.7 551.6 552.7 557.1 31.2 47.5 387.2 32.1 47.9 392.1 31.7 48.0 390.5 31.9 48.0 392.1 32.1 48.0 392.9 32.2 47.8 391.6 32.2 47.6 391.5 32.2 47.4 392.0 353.1 34.1 82.4 356.9 35.1 80.2 356.0 34.6 85.1 356.9 35.3 80.6 357.7 35.2 78.6 356.6 35.1 80.0 356.6 34.9 81.4 357.2 34.8 85.4 Table 3.10.—National Defense Purchases Table 3.11.—National Defense Purchases in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] National defense purchases Durable goods Military equipment Aircraft .... Missiles Ships Vehicles Electronic equipment Other Other durable goods Nondurable goods Petroleum products Ammunition Other nondurable goods .... Services Compensation of employees Military Civilian Other services Contractual research and development Installation support2 1 Weapons support 3 Personnel support Transportation of material Travel of persons Other Structures Military facilities Other 313.4 323.5 320.6 332.3 328.4 322.3 311.0 315.0 85.9 89.5 87.5 91.5 93.9 886 84.1 82.3 79.3 30.6 15.4 125 4.7 7.3 8.8 6.6 77.7 26.7 121 4.3 6.6 11.4 11.8 83.3 32.2 17.1 141 4.4 7.7 7.8 4.2 78.7 27.5 18.1 11 5 4.1 6.9 10.6 12.9 82.3 27.2 16.1 126 5.1 7.4 14.0 11.6 76.5 26.6 161 121 4.5 6.1 11.1 12.1 73.5 25.8 16.1 122 3.4 6.1 9.9 10.6 72.3 23.9 155 123 4.1 6.9 9.8 10.0 12.7 12.9 18.6 14.8 11.2 12.4 13.3 12.5 5.3 4.1 3.5 11.5 3.5 3.6 6.5 4.9 3.4 6.2 3.1 3.4 16:6 4.0 3.8 3.4 5.5 3.4 3.6 5.1 4.4 3.7 4.6 4.2 3.7 208.4 216.3 208.7 220.8 217.9 217.0 209.3 215.1 1245 827 41 8 83.9 131 7 873 444 84.6 1262 839 422 82.5 1326 885 441 88.2 131 8 874 444 86.1 131 3 867 446 85.7 131 0 864 446 78.3 1346 887 459 80.5 28.7 23.7 9.6 13.5 26.2 23.7 11.0 12.2 26.8 23.4 8.5 13.8 26.0 24.7 11.1 13.0 27.4 21.3 11.4 12.7 26.7 25.7 11.1 12.4 24.6 23.1 10.3 10.8 22.6 25.1 10.0 11.9 49 4.0 -.6 65 5.7 -.7 6.3 4.4 -.6 7.6 6.2 -.4 7.6 6.1 -.5 5.6 5.5 -1.3 5.0 5.0 -.5 6.2 5.4 -7 6.4 4.8 5.8 5.1 5.4 4.3 4.3 5.0 3.7 2.7 2.3 2.5 3.0 2.8 2.5 2.7 2.8 2.5 1.8 2.4 1.9 2.4 2.3 2.7 1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to operate installations. 2. Includes depot maintenance and contractual services for weapons systems, other than research and development. 3. Includes compensation of foreign personnel, consulting, training, and education. National defense purchases Durable goods Military equipment Aircraft Missiles Ships Vehicles Electronic equipment Other Other durable goods Nondurable goods Petroleum products Ammunition Other nondurable goods .... Services Compensation of employees Military Civilian Other services Contractual research and development Installation support21 Weapons support 3 Personnel support Transportation of material Travel of persons Other Structures Military facilities Other I 282.0 289.4 287.0 280.4 268.7 267.6 80.5 82.3 812 83.7 86.3 81.7 77.5 75.8 74.8 284 15.8 11.4 4.4 6.9 7.9 5.8 72.2 249 16.6 10.4 4.0 6.2 10.0 10.1 77.6 300 16.7 12.7 4.1 7.2 6.9 3.6 72.7 257 17.2 10.1 3.9 6.5 9.4 11.0 76.4 251 16.4 10.8 4.8 6.9 12.4 9.8 71.4 252 16.2 10.4 4.1 5.8 9.7 10.3 68.2 237 16.7 10.4 3.0 5.7 8.6 9.3 66.9 21 9 16.1 10.5 3.6 6.4 8.4 9.0 9.9 11.3 12.2 12.1 10.2 11.2 11.6 11.6 281.3 4.0 2.8 3.0 281.4 3.9 41 3.3 5.7 3.2 3.2 4.2 4.8 3.1 3.3 3.7 3.2 4.3 3.5 3.3 3.7 4.5 3.4 3.9 4.3 3.4 185.4 184.2 183.7 189.7 186.4 184.4 176.2 176.3 1081 72.1 36.1 77.3 1084 72.3 36.1 75.8 1091 72.9 36.1 74.6 1102 74.0 36.2 79.5 1089 72.7 36.2 77.5 1079 71.7 36.2 76.6 1067 70.8 35.9 69.4 1050 69.6 35.4 71.3 27.0 21.4 8.9 11.5 24.0 20.9 9.8 9.7 24.9 20.5 7.7 11.3 24.0 21.8 10.0 10.6 25.1 19.0 10.2 10.1 24.2 22.6 9.9 9.9 22.5 20.2 9.0 8.3 20.7 22.0 8.7 9.2 5.3 3.8 -.5 6.6 5.2 -.5 6.7 4.0 -.5 7.9 5.5 -.3 7.7 5.7 -.4 5.9 5.1 -1.0 5.1 4.7 -.4 6.2 5.0 -.6 5.5 3.6 4.9 3.9 4.2 3.1 3.4 3.9 34 21 20 16 28 2.1 23 16 26 1.6 16 1.5 17 1.7 20 1.9 1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to operate installations. 2. Includes depot maintenance and contractual services for weapons systems, other than research and development. 3. Includes compensation of foreign personnel, consulting, training, and education. SURVEY OF CURRENT BUSINESS l6 • April 1992 Table 4.1.—Foreign Transactions in the National Income and Product Accounts Table 4.2.—Exports and Imports of Goods and Services and Receipts and Payments of Factor Income in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates 1990 1991 1990 IV Receipts from rest of the world I II III IV 550.4 398.2 262.6 135.6 152.2 Receipts of factor income2 147.7 135.0 158.3 147.9 131.6 132.0 128.6 591.3 427.2 283.8 143.4 164.1 572.6 410.0 266.2 143.8 162.6 565.9 412.3 265.2 147.2 153.5 589.8 426.7 287.3 139.5 163.1 597.0 427.3 287.2 140.1 169.7 612.5 442.4 295.5 146.9 170.1 Capital grants received by the United States (net) 0 0 0 0 0 0 0 Payments to rest of the world ... 698.2 726.3 730.9 713.8 721.4 728.9 741.1 Imports of goods and services Merchandise1 . Durable Nondurable Services1 624.8 507.4 314.3 193.1 117.4 Payments of factor income3 137.0 121.8 132.6 125.2 123.5 121.0 117.6 Net foreign investment 622.0 500.5 316.0 184.5 121.5 -25.1 3.2 12.6 -33.1 4.5 4.9 20.0 2.9 -83.6 649.2 525.0 320.0 205.1 124.1 602.7 485.4 304.6 180.7 117.3 607.0 488.3 304.8 183.5 118.7 634.3 511.1 325.7 185.4 123.2 -69.8 -30.0 -4.7 2.9 3.1 3.1 12.7 -77.8 -37.9 -12.5 4.9 4.9 4.9 4.9 20.4 2.9 7.6 -71.3 55.7 20.8 -21.8 643.8 517.1 328.7 188.4 126.8 4.1 3.5 -4.3 4.9 1990 1991 I 698.2 726.3 730.9 713.8 721.4 728.9 741.1 Exports of goods and services Merchandise l Durable Nondurable Services l Transfer payments (net) From persons (net) From government (net) From business Seasonally adjusted at annual rates 1992 1991 613.6 443.5 294.1 149.4 170.1 0 636.3 508.5 326.7 181.8 127.8 12.7 Exports of goods and services Merchandise l Durable Nondurable Services! 505.7 369.4 249.3 120.1 537.8 397.4 268.9 128.5 1362 140.4 1990 1992 1991 IV I II III IV I 522.5 379.4 254.5 124.9 143.1 512.5 379.9 251.2 128.7 132.6 535.7 395.8 271.0 124.8 139.9 545.2 400.3 272.8 127.6 144.8 558.0 413.7 280.6 133.1 144.3 5594 415.8 278,5 137,3 143,6 111.4 Receipts of factor income2 130.2 114.5 137.4 126.8 111.8 Imports of goods and services Merchandise l Durable Nondurable Services l 557.0 458.5 290.0 168.4 558.7 459.8 293.2 166.6 531.1 435.9 278.9 156.9 548.0 451.2 283.2 168.0 98.5 98.9 553.7 453.0 293.0 160.0 100.7 Payments of factor income3 120.4 103.1 114.7 107.0 95.3 576.3 475.7 304.8 170.9 96.8 100.6 104.7 102£ 108.0 579.3 476.6 306.0 170.6 102.8 577,1 473.5 302.9 170.7 103.6 98.6 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. 2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. 3.5 4.2 4.9 -24.5 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. 2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. Table 4.3.—Exports and Imports of Merchandise by End-Use Category Table 4.4.—Exports and Imports of Merchandise by End-Use Category in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Exports of merchandise Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods Nondurable goods Imports of merchandise Foods, feeds, and beverages Industrial supplies and materials, except petroleum and products Durable goods Nondurable goods Petroleum and products Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods Nondurable goods Addenda: Exports of agricultural products ' Exports of nonagricultural products ... Imports of nonpetroleum products 1. Includes parts of line 2 and line 5. 398.2 427.2 410.0 412.3 426.7 427.3 442.4 443.5 35.3 36.8 32.5 36.4 34.5 37.0 39.4 42.3 102.0 106.3 110.2 109.8 106.7 103.9 104.8 105.7 35.7 37.3 37.0 36.5 38.1 38.0 36.4 36.6 663 690 732 733 686 65.9 68.3 69.2 153.3 166.9 155.0 155.8 170.5 165.7 175.3 175.9 32.2 25.9 95.2 36.5 42.8 22.9 36.6 27.3 103.0 40.6 45.9 23.7 199 284 222 308 14.2 15.4 142 154 30.8 26.2 98.0 35.4 45.3 23.0 30.8 27.3 97.7 34.2 45.9 23.6 223 31 7 158 158 223 302 151 151 38.9 27.3 35.6 26.7 41.0 27.9 41.8 27.7 104.4 103.5 106.5 106.5 40.3 44.5 23.2 21 3 301 151 151 42.8 48.5 24.7 23.8 15.5 42.9 48.3 25.0 23.3 31.7 15.8 155 158 141 44.9 44.8 23.1 21.7 31 1 283 14.1 507.4 500.5 525.0 485.4 488.3 511.1 517.1 508.5 26.7 279 26.3 26.3 26.4 26.5 26.0 25.6 77.6 39.0 75.9 36.5 78.7 39.5 74.2 35.9 758 36.2 76.2 36.9 387 394 392 383 397 393 62.3 51.2 72.8 52.9 51.7 52.0 77.6 37.0 40.6 48.3 79.9 38.4 41.4 41.2 116.0 121.6 120.2 119.3 121.1 122.6 123.3 124.5 10.5 23.0 11.9 26.1 12.6 23.3 11.2 24.2 12.4 26.0 12.5 27.6 825 835 842 839 827 825 87.7 85.4 86.5 82.1 78.7 92.1 11.6 26.7 85.0 88.8 11.6 27.1 85.8 88.3 105.3 107.9 107.2 100.5 100.3 110.5 120.5 115.1 525 58.4 63.5 58.8 55.7 566 57.0 52.0 49.6 51.4 50.3 48.5 47.8 52.1 31 8 159 31 9 334 31 0 327 15.9 15.9 16.7 16.7 15.5 15.5 16.4 16.4 314 157 15.9 40.2 40.5 37.7 39.8 38.2 15.7 40.6 57.0 32.4 16? 16.2 43.5 56.2 33.1 16.6 16.6 44.9 358.0 386.7 372.3 372.6 388.5 386.7 398.9 398.6 445.1 449.2 452.2 432.5 436.6 459.1 468.8 467.3 Exports of merchandise Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other ...: Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods Nondurable goods Imports of merchandise Foods, feeds, and beverages Industrial supplies and materials, except petroleum and products Durable goods Nondurable goods Petroleum and products Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods . Other Durable goods Nondurable aoods Addenda: Exports of agricultural products ] Exports of nonagricultural products ... Imports of nonpetroleum products 1.Includes parts of line 2 and line 5. 369.4 397.4 379.4 379.9 395.8 400.3 413.7 415.8 36.8 99.2 31.8 67.4 30.7 90.1 31.3 58.8 32.4 95.8 32.5 63.3 29.5 94.3 33.0 61.3 32.1 95.1 31.3 63.9 30.4 95.9 33.2 62.6 32.8 95.4 33.4 62.0 34.1 96.9 32.1 28.3 33.9 30.9 41.6 33.0 40.1 93.8 36.4 39.3 29.7 42.0 92.6 40.3 39.8 34.2 45.5 93.8 38.2 42.9 34.5 46.3 93.3 38.0 42.5 220 20.I3 647 149.8 164.6 151.8 153.8 167.0 164.4 173.4 174.2 876 922 26.6 35.7 89.6 34.0 39.3 36.5 40.7 41.4 26.5 38.7 88.6 31.1 41.0 21 5 255 21 6 192 274 12.8 13.7 17.8 342 214 21 7 209 209 227 20.0 28.1 14.1 14.1 19.3 26.8 13.4 13.4 18.4 26.8 13.4 18.9 27.7 13.9 20.2 28.1 14.1 14.1 24.5 23.9 25.6 67.4 25.1 12.6 12.6 134 138 128 137 458.5 459.8 453.0 435.9 451.2 475.7 476.6 473.5 25.5 24.6 24.2 24.5 24.9 66.4 66.0 333 655 309 323 687 324 70.6 314 6? 4 299 67.4 326 33.8 51.5 34.6 48.5 34.1 43.1 32.5 44.8 34.6 51.4 35.1 51.9 36.3 45.9 37.5 45.8 331 114.0 122.5 117.0 116.9 121.6 125.2 126.2 127.5 9.7 9.6 10.4 9.6 10.6 10.9 9.2 10.1 30.1 74.8 79.1 93.3 38.6 73.8 75.0 95.1 500 434 503 448 282 31.5 74.6 77.4 93.9 33.9 73.4 72.7 87.9 37.5 73.5 69.3 88.8 41.7 73.0 81.0 98.1 505 143 141 43.5 29.6 14.8 14.8 35.4 35.8 34.4 28.6 14.3 14.1 41.3 75.2 76.8 42.9 74.9 76.2 99.6 458 421 469 419 524 457 105.8 562 496 27.2 13.6 13.6 29.0 14.5 28.0 14.0 28.6 14.3 145 140 143 47.9 29.0 14.5 14.5 35.0 33.6 36.3 38.3 40.2 516 334.0 361.6 345.0 344.9 362.2 364.1 375.3 375.6 407.0 411.3 409.9 391.0 399.8 423.8 430.7 427.7 April 1992 • 17 SURVEY OF CURRENT BUSINESS Table 5.1 .—Gross Saving and Investment [Billions of dollars] Seasonally adjusted at annual rates 1990 1990 1991 I IV Gross saving Gross private saving Personal saving Undistributed corporate profits with inventory valuation and capital consumption adjustment Undistributed profits Inventory valuation adjustment Capital consumption adjustment Corporate consumption of fixed capital Noncorporate consumption of fixed capital Wage accruals less disbursements Government surplus or deficit (-), national income and product accounts Federal State and local Capital grants received by the United States (net) 1992 1991 II III IV I 710.9 715.2 677.5 746.9 713.1 697.2 703.8 850.4 205.8 886.8 219.3 853.1 215.0 873.0 212.6 892.1 228.8 875.5 212.5 906.6 223.4 49.9 63.3 44.6 50.2 32.8 62.8 45.0 51.9 43.4 46.1 39.4 51.5 50.6 51.2 -14.2 3.1 -21.2 6.7 9.9 -4.8 .7 'losie -3.7 -8.7 -8.8 -13.6 -12.6 -7.3 -1.3 10.4 365.5 383.6 372.7 380.1 383.2 384.6 386.6 384.7 229.3 239.3 232.7 235.3 236.8 239.1 246.1 240.6 0 0 .8 0 0 0 0 0 0 -139.5 -171.6 -175.6 -126.1 -179.1 -178.4 -202.9 -165.3 -201.6 -193.6 -146.4 -206.7 -210.2 -243.1 30.0 25.7 0 0 Gross investment Gross private domestic investment Net foreign investment Statistical discrepancy 18.0 0 20.4 0 27.6 0 31.8 40.3 0 0 0 719.0 734.3 679.6 764.9 729.6 719.1 723.4 688.0 802.6 -83.6 726.7 7.6 750.9 -71.3 709.3 708.8 20.8 740.9 -21.8 747.9 -24.5 712.4 55.7 18.0 16.5 22.0 19.6 8.1 19.0 2.1 Table 5.4.—Fixed Investment by Type Table 5.5.—Fixed Investment by Type in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates 1990 1991 1990 IV Rxed investment Nonresidential Structures Nonresidential buildings, induding farm Utilities Mining exploration, shafts, and wells Other structures Producers' durable equipment Information processing and related equipment Computers and peripheral equipment l Other Industrial equipment Transportation and related eauioment Other Residential Structures Single family Multifamily Other structures Producers' durable equipment II III IV 802.7 745.2 787.4 748.4 745.8 744.5 742.0 745.0 560.0 554.6 546.8 539.0 535.3 198.7 174.6 5852 1912 148.2 124.5 140.7 134.2 128.6 119.0 116.4 111.2 30.4 31.7 31.7 31.4 31.9 31.8 31.7 32.4 10.4 10.3 10.0 11.3 8.8 9.5 8.8 8.4 184.0 180.0 169.0 165.2 161.1 8.2 9.5 9.2 9.1 8.5 8.7 7.5 10.1 388.3 375.5 394.0 375.9 374.7 377.8 373.8 3742 129.2 132.0 132.8 129.9 129.5 132.3 136.2 139.1 37.3 91.9 91.6 37.7 94.3 84.1 38.7 94.1 92.2 36.6 93.3 87.4 36.7 92.8 84.0 37.6 94.6 82.0 39.9 96.3 82.8 41.3 97.7 80.4 83.5 84.0 84.8 74.7 83.6 85.4 82.1 76.5 85.5 75.6 89.2 74.3 82.1 72.6 79.8 74.9 215.7 195.1 2022 188.4 1912 197.7 203.0 209.8 208.8 188.4 195.4 181.7 184.4 190.9 196.4 202.7 88.9 100.9 105.8 111.5 108.7 98.2 87.5 95.8 19.3 80.8 6.9 15.3 77.3 6.7 18.5 78.8 6.8 17.5 76.8 6.7 15.5 80.0 6.8 14.1 75.9 6.8 13.9 76.7 6.6 1990 1991 12.9 78.3 7.1 1990 IV I 587.0 550.1 1. Includes new computers and peripheral equipment only. I Seasonally adjusted at annual rates 1992 1991 Rxed investment Nonresidential . . Structures Nonresidential buildings, induding farm .. Utilities Mining exploration, shafts, and wells Other structures .. . . . Producers' durable equipment Information processing and related equipment Computers and peripheral equipment l Other Industrial equipment Transportation and related equipment Other Residential Structures Single family Multifamily Other structures Producers' durable equipment 1992 1991 I II III IV I 744.2 687.6 727.8 689.8 686.8 686.5 687.2 692.2 548.8 512.4 544.5 519.1 514.8 510.0 505.6 503.7 177.9 154.0 170.4 163.3 158.9 148.4 145.4 1422 133.6 110.9 126.2 120.1 26.8 27.4 27.9 27.4 9.5 8.0 7.8 7.9 8.7 7.6 8.5 7.3 114.7 105.5 103.3 27.6 8.2 8.4 27.4 7.5 8.1 27.3 7.0 7.8 99.0 27.8 6.2 9.1 370.8 358.3 374.0 355.8 355.8 361.6 360.1 361.5 137.1 146.4 141.8 140.4 141.9 148.4 155.1 159.8 48.8 88.3 80.9 57.2 89.2 71.4 52.1 89.7 79.8 51.6 88.7 74.7 53.9 88.0 71.6 58.9 89.5 69.5 64.3 90.8 69.6 68.1 91.7 67.4 76.9 75.9 74.8 65.8 76.1 76.2 73.0 67.7 75.7 66.7 78.5 65.2 71.9 63.4 69.2 65.2 195.5 1752 183.3 170.7 172.0 176.5 181.7 188.9 168.7 176.9 98.1 17.4 73.4 6.6 86.4 13.7 68.7 6.5 1. Includes new computers and peripheral equipment only. 88.8 16.6 71.4 6.5 188.5 164.3 165.4 170.0 175.3 181.7 100.7 80.6 90.5 95.0 79.5 15.8 69.0 6.4 13.9 70.9 6.6 12.5 66.9 6.5 12.4 67.9 6.4 11.5 69.5 6.8 SURVEY OF CURRENT BUSINESS l8 • April 1992 Table 5.10.—Change in Business Inventories by Industry Table 5.11.—Change in Business Inventories by Industry in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1990 1991 1990 Change in business inventories Farm Nonfarm Change in book value Inventory valuation adjustment Manufacturing Durable goods Nondurable aoods Wholesale trade Durable goods Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable poods Nondurable goods Retail trade Durable aoods . ... Automotive Other Nondurable goods Other Durable goods Nondurable goods 0 -18.5 -365 2.0 -3.5 -7.6 -2.0 19.2 -21.3 -1.7 -3.1 1.4 3.4 2.0 1.4 2.2 2.2 -.1 1.3 2 1.5 -7.4 -6.4 -6.4 0 -1.1 3.6 .5 3.1 -4.2 -4.5 -4.2 -.3 1.1 6.0 -32.7 -3.2 -34.0 -3.2 3.9 -45.1 12.1 13.7 -1.6 -29.5 -24.3 -7.1 -15.8 -15.2 -.5 -14.8 -14.3 -.6 -14.2 -12.8 -.1 2.4 -3.6 -5.8 2.1 1.6 1.4 .3 7.1 2.0 0 2.0 5.1 -1.4 -.6 15 .9 -3.6 -1.5 -1.2 -.4 -2.1 -3.9 -2.5 -1.4 -2.4 3.6 -5.2 -4.4 -12.5 -4.4 -16.6 -2.0 -4.4 2.7 -19.9 -18.0 4.2 18 .2 17.0 9.7 -1.9 7.3 2.1 18.9 1.6 10.8 -.7 2.4 8.2 -2.0 -1.4 1 1 -1.2 -.9 -.3 8.8 -10.5 -7.0 -9.0 2.0 15.8 -1.7 .3 -2.0 -8.8 .7 -1.1 -.5 -.6 1990 Change in business inventories Farm Nonfarm 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 Automotive Other . Nondurable goods Other Durable goods Nondurable goods 2 -13.9 1.7 0 -1.5 -13.9 -1.3 -2.9 -312 -5.5 -25.7 -13.7 -10.1 -7.3 -10.2 1.6 2.9 .4 3.1 1.8 -1.3 1.3 1.7 2.3 1.0 2.1 -1.2 .2 2.1 .8 -.6 -.2 -.1 1.1 -.5 -6.8 -6.0 -6.0 0 -.8 3.6 .5 3.1 -3.6 .9 -.9 1.8 3.8 .6 3.2 -2.9 -1.5 -1.4 -4.5 -8.9 -8.0 -12.4 -9.7 -7.7 -.4 -2.7 -2.5 -3.4 -4.0 -3.9 -2.1 -1.7 -5.2 -8.6 -2.2 -.1 .9 III .1 2.9 -32.8 -30.4 -1.7 .4 -31.1 -30.8 .5 -14.2 -7.8 -13.9 8.2 -.3 1.9 -13.7 3.1 -13.1 -1.1 -.7 3.5 -13.2 2.4 -11.7 1.1 -1.5 -1.6 -.6 .7 -1.4 -2.2 .8 -28.3 -3.0 -26.2 -1.4 -21.5 -1.1 -4.7 .3 3.6 3.5 1992 1991 II I IV -6.1 11.2 1991 I -.4 .2 -5.8 -9.4 IV -3.6 -3.1 -15.0 -28.9 -35.0 -.4 ^7.8 188 3.8 -28.5 12.8 -8.0 -16.2 .5 -11.3 -10.8 -8.8 3.2 -5.4 9.3 .3 1.6 1.0 -1.5 -.9 3.2 1.7 2.5 -2.1 3.4 1.1 3.8 2.4 -1.3 .6 2.5 3.2 1.0 -2.4 -.8 -2.2 1 -1.5 .7 -.7 -.7 -3.1 -9.7 -30.7 -4.6 -8.7 -13.4 -28.4 -8.3 -10.4 -23.2 -.4 -3.0 -5.2 4.1 3.7 -2.3 -2.6 -3.7 III -39.2 -37.1 1990 1992 1991 II I IV -2.8 -4.1 -4.0 -.1 -1.5 -3.9 2.4 -3.0 -5.2 2.2 1.6 1.3 .2 6.2 1.8 0 1.7 4.4 .2 3.4 -3.4 -2.2 -1.2 2.3 IV 7.6 -26.il -.1 9.2 -26.0 -11.4 -17.9 -15.2 -16.2 3.8 -1.7 14.7 .5 8.6 -1.7 2.2 6.1 16.5 1.9 9.7 -.6 6.8 2.5 -1.6 -1.8 -1.1 -.7 7.2 -6.3 -8.1 1.8 13.6 -.6 -.7 [Billions of 1987 dollars] Seasonally adjusted quarterly totals Inventories l Farm . . Nonfarm Durable goods Nondurable goods Manufacturing Durable goods Nondurable aoods Wholesale trade Durable goods Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods Retail trade Durable goods Automotive Other Nondurable goods Other Final sales of domestic business2 Final sales of goods and structures of domestic business2 1991 II III IV 1,010.3 582.3 428.1 416.6 268.8 147.8 234.3 149.9 1992 1990 I IV 95.6 98.0 96.2 88.8 92.1 992.1 570.5 421.7 410.3 265.3 145.1 233.3 150.7 983.1 563.3 419.8 404.8 260.7 144.1 229.1 147.4 982.8 560.1 422.7 403.7 259.2 144.5 229.1 146.1 985.1 557.9 427.2 400.4 255.7 144.8 233.3 149.3 980.5 553.4 427.2 395.5 251.0 144.5 235.0 149.8 84.4 82.6 81.8 82.9 84.0 85.2 206.2 133.2 206.5 133.9 202.5 130.9 201.9 129.4 206.6 132.6 209.0 133.6 73.0 28.1 16.7 11.4 72.6 26.8 16.8 10.0 71.6 26.6 16.4 10.2 72.6 27.1 16.8 10.4 74.0 26.7 16.6 10.1 75.4 26.1 16.2 248.8 117.8 241.5 111.0 242.1 111.8 243.9 112.4 245.9 110.7 9.8 243.9 110.7 59.1 58.7 53.5 57.6 53.6 58.1 53.7 58.7 51.4 59.3 51.6 59.1 131.0 110.7 394.4 130.5 106.9 395.9 130.4 107.0 401.3 131.5 106.1 402.3 135.2 105.4 403.3 133.2 106.1 411.0 224.0 223.0 224.2 223.1 222.3 227.0 Ratio of inventories to final sales of domestic business Inventories to final sales Nonfarm inventories to final sales Nonfarm inventories to final sales of goods and structures 2.4 l Inventories Farm . . . Nonfarm Durable goods Nondurable aoods 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 aoods Automotive Other Nondurable goods Other Final sates of domestic business2 Final sales of goods and structures of domestic business2 1992 1991 I II III IV I 984.5 976.3 968.7 968.7 970.6 82.7 82.2 82.3 83.1 82.7 82.6 901.9 531.5 370.3 372.5 245.9 126.6 205.6 134.0 894.1 521.7 372.4 372.6 244.0 128.6 206.1 134.8 886.4 514.1 372.3 369.1 240.5 128.5 202.6 131.5 885.7 512.0 373.7 368.0 239.5 128.5 202.3 130.6 888.0 508.6 379.3 365.2 235.7 129.4 205.9 132.7 881.5 503.3 378.2 360.7 231.7 129.0 206.1 132.3 964.1 71.6 71.3 71.1 71.7 73.2 73.8 181.1 118.9 182.0 119.5 178.7 116.6 177.9 115.3 182.0 117.7 182.5 117.5 62.2 24.5 15.1 62.5 24.1 15.3 62.1 24.0 15.0 62.6 24.4 15.3 64.3 23.9 15.0 65.0 23.6 14.8 9.4 224.2 109.6 8.8 217.2 103.1 9.0 216.4 102.8 9.1 217.9 103.2 8.9 219.8 101.6 8.8 217.5 101.3 55.9 53.7 50.5 52.6 50.3 52.5 50.3 52.9 48.2 53.4 48.3 52.9 114.6 114.1 113.6 114.7 118.1 116.2 99.5 98.2 98.3 97.4 97.1 97.2 346.1 343.7 345.8 344.9 344.6 349.5 200.4 197.4 197.4 195.9 195.3 199.0 2.84 2.61 2.84 2.60 2.80 2.56 2.81 2.57 2.82 2.58 2.76 2.52 4.50 4.53 4.49 4.52 4.55 4.43 Ratio of inventories to final sales of domestic business 2.80 2.56 2.75 2.51 2.69 2.45 2.68 2.44 2.66 2.44 2.61 2.39 4.51 4.45 4.38 4.40 4.43 4.32 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 GDP. The former is the difference between two inventory stocks, each valued at their respective end-of-quarter prices. The latter is the change in the physical volume of inventories valued at average prices of the quarter. In addition, changes calculated from this table are at quarterly rates, whereas CBI is stated at annual rates. 2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross product of households and institutions and general government and includes a small amount of final sales by farm. .5 -1.9 Seasonally adjusted quarterly totals 1,103.4 1,087.8 1,081.0 1,079.0 1,073.9 1,072.7 93.1 .3 -1.8 -7.7 2.8 [Billions of dollars] I -.3 -9.1 -1.5 -2.1 Table 5.13.—Inventories and Final Sales of Domestic Business by Industry in Constant Dollars IV -1.4 -1.1 -1.3 Table 5.12.—Inventories and Final Sales of Domestic Business by Industry 1990 I Inventories to final sales Nonfarm inventories to final sales Nonfarm inventories to final sales of goods and structures 1. Inventories are as of the end of the quarter. Quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the constant-dollar change in business inventories component of GDP is stated at annual rates. 2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross product of households and institutions and general government and includes a small amount of final sales by farm. SURVEY OF CURRENT BUSINESS Table 6,1C.—National Income Without Capital Consumption Adjustment by Industry April 1992 • 19 Table 6.16C.-Corporate Profits by Industry [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1990 1991 IV National income without capital consumption adjustment Domestic industries Private industries I II III IV 4,497.5 4,594.2 4,556.7 4,545.8 4,586.1 4,610.4 4,634.6 4,486.7 4,581.1 4,531.0 4,523.1 4,578.0 4,599.4 4,623.7 3,828.9 3,886.0 3,858.2 3,834.7 3,884.3 3,902.3 3,922.6 97.1 38.1 90.2 38.2 95.8 41.9 87.7 40.4 94.6 38.0 87.1 38.1 91.5 36.5 234.4 221.4 230.0 219.7 217.5 223.7 224.7 Manufacturing Durable goods Nondurable goods 846.9 484.3 362.6 835.7 466.1 369.6 834.1 471.3 362.8 820.9 457.7 363.1 831.9 465.9 366.0 842.4 469.2 373.3 847.7 471.7 376.0 328.7 139.4 333.2 140.4 326.7 140.1 332.2 139.8 336.9 141.9 333.1 139.9 330.7 139.9 96.4 98.5 97.5 98.3 98.2 99.5 97.8 Wholesale trade Retail trade Finance, insurance, and real estate Services Government Rest of the world 92.9 94.4 89.0 94.0 96.8 93.7 93.0 263.6 392.1 269.8 397.8 265.9 391.5 268.7 392.5 271.2 398.3 270.2 398.5 269.2 402.0 679.8 697.2 948.3 1,002.3 657.9 695.1 694.3 978.2 672.8 695.5 977.0 688.4 700.0 698.7 694.6 995.9 1,010.6 1,025.8 693.8 6972 701.1 25.7 22.7 10.8 13.2 8.1 10.9 10.9 1991 1990 IV I II 1992 III IV I Corporate profits with inventory valuation and capital consumption adjustments Agriculture, forestry, and fisheries Mining Construction Transportation and public utilities Transportation Communications Electric, gas, and sanitary services .... 1991 1992 1991 1990 1990 Domestic industries Financial Nonfinancial Rest of the world Receipts from the rest of the world ... Less: Payments to the rest of the world Corporate profits with inventory valuation adjustment Domestic industries Financial Federal Reserve banks Other Nonfinancial Manufacturing Durable goods Primary metal industries Fabricated metal products .... Industrial machinery and equipment Electronic and other electric equipment Motor vehicles and equipment Other Nondurable goods Food and kindred products ... Chemicals and allied products Petroleum and coal products Other Transportation and public utilities .. Wholesale and retail trade Other Rest of the world 319.0 306.8 296.1 302.1 303.5 306.1 315.6 258.8 240.7 223.3 227.5 241.7 243.1 250.6 34.5 35.5 30.0 33.1 35.3 37.5 36.1 224.3 205.2 193.3 194.4 206.4 205.5 214.4 60.2 64.9 4.7 66.1 63.8 72.8 67.2 74.6 70.7 61.7 59.5 -2.3 -5.6 -3.9 -2.2 63.0 62.9 65.0 61.9 -.1 -3.1 318.2 315.5 304.9 315.7 316.1 313.4 316.9 258.0 249.5 232.1 241.2 254.4 250.4 251.9 39.6 21.3 18.3 41.7 20.7 21.1 36.4 21.7 14.7 40.1 21.0 19.1 42.1 20.4 21.7 43.5 20.8 22.7 41.3 20.5 20.8 218.3 207.7 195.7 201.0 212.3 206.9 210.5 95.7 37.2 4.6 5.6 10.2 7.9 81.7 23.7 78.9 24.6 75.0 20.4 82.9 26.5 2.9 3.0 1.7 4.9 1.1 4-9 2.8 5.4 8.7 9.3 9.5 9.4 6.8 9.2 6.6 5.7 7.2 7.0 -11.0 -12.3 -14.9 -11.4 12.8 57.9 15.4 14.0 54.2 13.9 12.7 54.5 15.0 20.3 20.2 17.0 16.6 44.5 39.8 38.4 60.2 84.7 23.9 4.3 3.7 -7.1 16.0 58.5 12.6 6.5 192 84.1 24.0 2.1 4.6 3.9 18.4 45.8 45.8 34.4 66.1 8.0 15.4 37.5 38.2 41.1 72.8 8.7 14.2 45.7 45.3 35.1 74.6 5.3 6.9 -9.5 14.9 56.4 15.8 -8.3 14.2 60.0 17.1 18.7 21.5 24.2 2.9 19.1 49.2 46.9 33.3 61.7 .8 20.6 44.3 44.6 33.9 63.0 9.2 60.7 13.8 3.2 19.5 44.0 46.4 35.5 65.0 I 2O • April 1992 SURVEY OF CURRENT BUSINESS Table 7.1 .—Fixed-Weighted and Alternative Quantity and Price Indexes [Index numbers, 1987=100] Seasonally adjusted 1990 1991 1990 IV Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights 121.5 124.9 107.6 106.8 106.9 Seasonally adjusted I II 122.4 123.1 124.5 106.3 106.6 III 125.8 IV 126.4 128.0 107.1 107.2 107.8 FiYPrl 1QR7 u/pinhtc Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Durable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weiahts Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Nondurable goods: Current dollars Quantity indexes: Fixed 1987 weights . . . . Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights .. .. Benchmark-years weights Implicit price deflator Gross private domestic investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Price indexes: Fixed 1987 weights . .. . Chain-type annual weights Benchmark-years weights Implicit price deflator Fixed investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Imolicit orice deflator 106.9 117.6 114.8 116.3 117.3 118.0 118.7 119.6 117.0 114.5 115.9 116.8 117.4 117.9 118.8 127.4 124.9 125.4 126.7 128.3 129.2 131.8 106.8 106.5 115.0 119.7 117.6 114.7 118.5 106.6 119.3 107.2 107.2 108.6 120.1 121.0 121.9 119.3 117.2 118.1 118.9 119.7 120.6 121.4 115.4 110.3 111.9 108.7 102.2 105.0 106.8 106.2 109.2 101.8 109.0 101.3 112.2 110.8 116.0 103.6 102.1 106.5 109.4 107.4 108.4 109.0 109.9 110.2 110.8 106.1 107.9 106.6 107.3 107.6 108.3 108.5 108.9 120.4 123.8 123.3 123.3 123.9 124.4 123.7 125.7 103.9 103.2 103.3 116.2 120.5 119.8 103.2 103.5 119.8 103.5 102.4 103.6 120.2 120.6 121.2 121.7 120.2 120.8 121.3 115.9 120.0 119.3 119.4 119.8 125.7 133.9 129.1 130.7 132.9 134.7 137.1 139.5 109.8 110.3 111.3 112.1 108.3 110.1 108.9 109.1 1991 116.3 121.8 118.7 120.1 121.4 122.4 123.5 116.1 121.5 118.5 119.8 121.1 122.1 123.2 124.4 124.8 107.1 97.0 100.2 94.7 94.6 98.9 99.8 95.1 99.4 89.9 93.0 87.7 87.6 91.6 92.7 88.9 1990 IV I Ppnphmork.i/pare WPifinte Price indexes: 113.1 Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights .. .. Implicit price deflator 112.9 Personal consumption expenditures: Current dollars 122.6 Quantity indexes: 1990 1992 1991 Nonresidential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Implicit price deflator Structures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Rxed 1987 weiohts Chain-type annual weights Benchmark-years weights . Implicit price deflator Producers' durable equipment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Implicit price deflator Residential: Current dollars Quantity indexes: Fixed 1987 weights Chain-tvoe annual weiohts Benchmark-years weiohts Price indexes: Rxed 1987 weights Chain-type annual weights . Benchmark-years weights Implicit price deflator Exports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator 117.6 1992 1991 I II III IV I 117.9 110.5 110.2 102.9 109.4 104.3 103.4 102.5 101.6 101.2 107.9 110.2 108.9 109.8 110.0 110.3 110.5 110.7 107.0 107.4 107.5 107.9 107.7 107.2 106.6 112.5 111.4 116.0 101.9 111.6 107.4 103.8 89.9 99.5 111.9 113.6 112.4 111.7 113.3 112.2 95.3 109.9 108.3 107.5 106.3 105.0 98.7 96.5 94.0 92.8 86.6 84.9 83.0 112.9 113.4 114.1 113.8 113.5 112.7 113.6 113.3 113.2 113.9 118.9 115.0 120.7 115.2 114.8 115.7 114.5 114.6 113.6 109.8 114.6 109.0 109.0 110.8 110.3 110.7 105.9 108.1 107.1 107.9 107.9 108.1 108.5 109.0 104.7 104.8 105.3 105.7 105.3 103.5 104.5 103.8 95.8 86.6 89.8 83.7 84.9 87.8 90.1 93.1 86.8 77.8 81.4 75.8 76.4 78.3 80.7 83.7 110.4 111.4 110.4 110.4 111.1 112.1 111.8 111.4 110.4 111.3 110.3 110.4 111.2 112.0 111.7 111.3 151.2 162.5 157.3 155.5 162.1 164.0 168.3 168.6 138.9 147.7 143.5 140.8 147.1 109.8 111.6 110.6 111.8 111.7 108.9 109.9 109.6 110.4 110.1 149.8 153.3 153.7 111.0 111.9 111.9 109.5 109.8 109.7 Imports of goods and services: r*i irrAnt sJnltoro 111.0 103.1 108.9 102.9 100.7 103.5 103.2 103.0 102.6 103.0 95.0 94.9 95.1 95.7 108.7 110.5 109.4 110.0 110.3 110.9 110.9 110.9 108.5 108.0 107.6 1079 95.1 108.4 108.2 95.4 108.5 108.6 Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weiohts Price indexes: Fixed 1987 weights Benchmark-years weights Implicit price deflator 123.2 122.7 109.8 128.0 118.9 119.7 125.1 127.0 125.5 110.2 109.2 104.7 108.1 113.3 113.6 119.0 115.3 113.0 112.2 111.3 117.2 113.5 113.7 114.3 113.8 112.5 113.5 112.7 111.1 110.3 110.8 110.1 SURVEY OF CURRENT BUSINESS April 1992 • 21 Table 7.1 .—Fixed-Weighted and Alternative Quantity and Price IndexesContinued Table 7.2.—Fixed-Weighted and Alternative Quantity and Price Indexes for Domestic Product, Final Sales, and Purchases [Index numbers, 1987=100] [Index numbers, 1987=100] Seasonally adjusted 1990 Government purchases: Current dollars Quantity indexes: Rxed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Federal: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Rxed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator National defense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Implicit price deflator Nondefense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights ... Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator State and local: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Rxed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator 1991 1990 Seasonally adjusted 1992 1991 IV I II III IV I 118.3 123.4 121.5 123.5 123.9 123.6 122.5 124.3 105.4 106.3 106.4 107.1 107.1 106.2 104.7 105.5 112.4 112.2 116.3 116.1 114.3 114.2 115.5 115.3 116.0 115.7 116.5 116.4 117.2 116.9 118.3 117.9 110.4 115.6 112.9 117.3 117.4 115.6 112.2 114.8 99.0 100.0 99.4 101.8 102.0 99.9 96.3 96.8 112.1 116.4 113.8 115.9 116.0 116.4 117.4 119.4 111.6 115.7 113.6 115.3 115.1 115.7 116.5 118.5 107.3 110.8 109.8 113.8 112.4 110.4 106.5 107.9 96.3 96.3 96.6 99.1 98.3 96.0 92.0 91.6 112.2 116.3 114.1 116.0 115.8 116.1 117.3 119.1 111.4 115.0 113.7 114.8 114.4 114.9 115.8 117.7 120.1 131.0 122.7 128.3 133.2 132.1 130.2 136.6 107.2 111.5 108.4 110.2 113.8 112.1 109.8 113.2 111.5 116.8 113.0 115.8 116.6 117.1 117.6 120.0 112.0 117.5 113.2 116.5 117.1 117.9 118.6 "120.6 124.4 129.4 128.2 128.3 129.0 129.7 130.4 131.8 110.4 111.2 111.8 111.3 111.1 111.1 111.3 112.2 112.7 116.2 114.6 115.2 116.0 116.7 117.1 117.4 112.7 116.3 114.7 115.3 116.1 116.8 117.2 "ii'yis NOTE.—The quantity and price indexes in this table are calculated from weighted averages of the detailed output and prices used to .prepare each aggregate and component. The fixed weighted measures use as weights the composition of output in 1987. For the alternative indexes, the chain-type indexes with annual weights use weights for the preceding and current years, and the indexes with benchmark-years weights use weights of 1959, 1963, 1967, 1972, 1977, 1982, and 1987 and the most recent year. Percent changes from preceding period for selected items in this table are shown in table 8.1. 1990 Gross domestic product: Current dollars Quantity indexes: Rxed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Rxed 1987 weights 1991 1990 1992 1991 IV I II III IV I 121.5 124.9 122.4 123.1 124.5 125.8 126.4 128.0 107.6 106.8 106.9 106.3 106.6 107.1 107.2 107.8 113.1 117.6 114.8 116.3 117.3 118.0 118.7 119.6 112.9 117.0 114.5 115.9 116.8 117.4 117.9 118.8 122.2 126.1 123.9 124.7 126.1 126.6 127.0 129.4 108.2 107.7 108.3 107.6 107.9 107.7 107.7 109.0 113.2 117.6 114.9 116.4 117.4 118.1 118.7 119.6 112.9 117.0 114.5 115.9 116.8 117.5 118.0 118.8 119.3 121.8 120.3 120.1 121.1 122.7 123.2 124.5 105.4 104.0 104.3 103.4 103.6 104.5 104.4 104.8 113.4 117.6 115.6 116.5 117.2 117.9 118.6 119.4 113.2 117.1 115.3 116.2 116.8 117.4 118.0 118.8 120.0 122.9 121.8 121.7 122.5 123.5 123.8 125.9 106.0 104.9 105.6 104.7 104.9 105.1 104.8 106.0 113.5 117.6 115.7 116.6 117.3 118.0 118.7 119.5 113.2 117.2 115.3 116.2 116.9 117.5 118.1 118.8 .. . Chain-type annual weignts Benchmark-years weights Implicit price deflator Final sales of domestic product l: Current dollars Quantity indexes: Rxed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Rxed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator Gross domestic purchases2: Current dollars Quantity indexes: Rxed 1987 weights Chain-type annual weignts Benchmark-years weights Price indexes: Rxed 1987 weights Chain-type annual weignts Benchmark-years weights Implicit price deflator Rnal sales to domestic purchasers3: Current dollars Quantity indexes: Rxed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Rxed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator 1. Equals GDP less change in business inventories. 2. Equals GOP less net exports of goods and services or the sum of personal consumptions expenditures, gross private domestic investment, and government purchases. 3. Equals gross domestic purchases less change in business inventories or the sum of personal consumption expenditures, gross private domestic fixed investment, and government purchases. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS 2,2, • April 1992 Table 7.3.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross National Product and Command-Basis Gross National Product Table 7.6.—Price Indexes for Fixed Investment by Type, Fixed 1987 Weights [Index numbers, 1987=100] [Index numbers, 1987=100] Seasonally adjusted Seasonally adjusted 1990 1991 1991 1990 IV 1990 I II 1992 III IV IV Nonresidential 121.6 125.1 122.9 123.5 124.6 125.9 126.5 107.7 106.9 107.3 106.6 106.7 107.2 107.3 113.1 117.6 114.8 116.3 117.3 118.0 118.7 112.9 117.0 114.5 115.9 116.8 117.4 117.9 Less: Exports of goods and services and receipts of factor income: Current dollars Quantity index, fixed 1987 weights Plus: Command-basis exports of goods and services and receipts of factor income: Current dollars Quantity index, fixed 1987 weights Equals: Command-basis gross national product: Current dollars Quantity index, fixed 1987 weights 148.9 154.9 155.8 152.2 153.8 155.4 158.0 135.5 139.1 140.7 136.3 138.0 140.0 142.0 151.2 162.5 157.3 155.5 162.1 164.0 168.3 132.4 137.8 133.3 133.4 137.4 139.6 140.7 121.6 125.1 122.9 123.5 124.6 125.9 126.5 107.4 106.8 106.6 106.3 106.6 107.2 107.2 Table 7.4.—Price Indexes for Personal Consumption Expenditures by Major Type of Product, Fixed 1987 Weights [Index numbers, 1987=100] Durable goods .. . Motor vehicles and parts Furniture and household equipment .. Other Nondurable goods Food Clothing and shoes Gasoline and oil Fuel oil and coal Other . . . Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Other 115.0 119.7 117.6 118.5 119.3 120.1 121.0 121.9 106.8 109.4 107.4 108.4 109.0 109.9 110.2 110.8 I II III IV I 108.7 110.5 107.9 110.2 109.4 110.0 110.3 110.9 110.9 110.9 108.9 109.8 110.0 110.3 110.5 110.7 111.9 113.6 112.4 112.9 113.4 114.1 113.8 113.5 Producers' durable equipment Information processing and related equipment Computers and peripheral equipment l Other1 Industrial equipment Transportation and related equipment Other 105.9 108.1 107.1 107.9 107.9 108.1 108.5 109.0 111.0 112.3 111.5 111.7 112.1 112.8 112.6 112.3 113.3 115.6 113.7 114.6 115.3 1162 116.2 116.5 118.7 122.1 119.6 121.4 122.3 123.0 121.6 120.3 109.9 112.2 110.5 111.5 112.8 112.7 112.0 110.7 96.0 94.2 95.9 95.2 94.6 93.7 93.4 93.6 78.0 68.8 75.9 73.0 70.3 66.7 65.2 64.1 100.4 105.7 104.9 105.3 105.6 105.9 106.2 106.9 113.5 117.9 115.9 117.2 117.5 118.2 118.8 119.3 108.0 112.7 109.6 111.8 112.1 112.9 114.1 115.2 111.0 114.3 112.6 113.6 113.9 114.6 115.2 115.6 110.4 111.4 110.4 110.4 111.1 112.1 111.8 111.4 Structures Single family Multifamily Other structures 110.6 110.9 110.7 110.2 111.6 110.8 111.7 112.6 110.5 110.5 111.4 110.3 110.6 110.0 110.9 111.3 111.3 110.3 111.2 112.8 112.3 111.5 112.4 113.4 112.1 111.4 112.3 112.9 111.6 110.8 111.7 112.7 Producers' durable equipment 104.1 104.2 104.9 104.3 103.6 105.5 103.6 104.4 Addenda: Price indexes for fixed investment: Chain-type annual weights Benchmark-years weights 1. Includes new computers and peripheral equipment only. Prior to 1982, all computers and peripheral equipment are included in other information processing and related equipment (line 11). NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1064 1098 1071 1086 1094 1104 1108 1159 1205 1172 1186 1194 1212 1228 1235 Table 7.9.—Price Indexes for Exports and Imports of Goods and Services and for Receipts and Payments of Factor Income, Fixed 1987 Weights 116.2 120.5 119.8 119.8 120.2 120.6 121.2 121.7 [Index numbers, 1987=100] 111 0 102.4 102.9 102.5 102.7 102.8 103.2 102.9 103.7 117.4 119.1 120.4 120.2 112.3 114.6 114.4 116.3 125.6 123.8 146.5 128.3 122.9 121.6 1255 121 0 1491 1327 1166 1156 1157 1201 111 4 1154 1174 120.6 121 2 116.5 117.5 122.6 120.4 109.8 111.6 110.6 111.8 111.7 111.0 111.9 111.9 1091 1093 1102 1098 1088 1095 1093 1187 Exports of goods and services Merchandise l Durable Nondurable Services l Receipts of factor income2 113.5 118.0 115.2 116.7 117.7 118.4 119.0 1088 Imports of goods and services 113.3 113.6 119.0 115.3 113.0 112.5 113.5 112.7 111 8 111 5 1103 111.8 114.5 111.0 119.9 123.2 118.0 111.6 129.0 123.9 1134 1108 1104 113.8 115.6 117.0 118.0 118.7 1240 1192 1123 125.3 1262 1235 1207 1220 1229 116.3 121.8 118.7 120.1 121.4 122.4 123.5 124.8 119.6 120.5 121.6 1229 105.7 109.6 106.8 109.0 109.4 109.6 110.4 111.3 1153 1054 1201 1085 1173 1065 1083 1076 1095 1094 106.0 110.6 107.2 109.2 110.5 111.5 111.3 113.0 114.5 122.0 118.1 120.4 120.8 122.6 124.2 127.6 1236 1318 1270 1290 131.0 132.8 134.5 136.3 1159 1203 1183 1188 1201 1209 121 4 1220 Addenda: Price indexes for personal consumption expenditures: Chain-type annual weights Benchmark-years weights NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1992 1991 Structures . . . . Nonresidential buildings, induding farm Utilities Mining exploration, shafts, and wells Other structures Residential NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Personal consumption expenditures 1990 I Rxed Investment Gross national product: Current dollars . Quantity indexes: Rxed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator 1991 Merchandise J Durable . . . Nondurable Services ] 1096 106.8 108.3 106.2 108.2 108.3 108.1 108.6 109.1 1130 111 8 1146 1138 1123 1100 111 1 1096 1117 1165 113.6 1157 1163 116.4 117.7 118.3 .... Payments of factor income3 118.3 111.5 112.2 111.5 111.5 112.2 115.4 109.5 108.6 110.4 124.0 123.2 121.6 122.2 110.6 113.2 106.2 122.0 119.3 Addenda: Price indexes for exports of goods and services: Chain-type annual weights Benchmark-years weights Price indexes for imports of goods and services: Chain-type annual weights Benchmark-years weights 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. 2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. NOTE.— Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS April 1992 • 23 Table 7.10.—Price Indexes for Exports and Imports of Merchandise by End-Use Category, Fixed 1987 Weights Table 7.11.—Price Indexes for Government Purchases by Type, Fixed 1987 Weights [Index numbers, 1987=100] [Index numbers, 1987=100] Seasonally adjusted 1990 1991 1990 IV Exports of merchandise . Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods Nondurable goods Seasonally adjusted 1991 I II III IV I 109.1 109.6 109.3 110.2 109.8 108.8 109.5 109.3 115.2 113.2 114.4 112.6 104.0 113.9 114.9 110.9 115.1 108.9 105.1 118.4 112.5 115.1 116.6 114.5 104.8 116.3 115.4 111.3 115.1 109.5 105.2 117.6 118.1 108.2 113.9 105.6 105.5 120.0 117.4 106.7 115.5 102.8 105.8 121.0 110.0 116.6 112.4 118.6 104.4 115.6 113.5 108.9 114.9 106.2 104.8 119.6 77.7 68.2 74.8 72.1 70.1 66.2 64.3 62.9 109.8 107.3 110.3 109.4 111.0 111.3 111.3 111.3 113.3 111.1 114.1 111.6 116.2 112.4 112.4 112.4 110.9 103.6 110.3 110.1 110.4 112.7 112.7 112.7 112.2 110.0 113.4 111.5 114.9 112.8 112.8 112.8 113.1 110.8 114.9 112.4 117.1 112.3 112.3 112.3 113.2 111.3 113.9 111.2 116.3 111.8 111.8 111.8 114.9 112.2 114.2 111.4 116.6 112.6 112.6 112.6 115.5 112.6 115.4 113.7 116.9 112.6 112.6 112.6 111.8 111.5 118.0 113.4 110.8 110.4 111.5 110.6 104.2 108.5 105.8 107.8 109.1 108.2 108.7 108.6 116.4 117.7 115.0 120.9 104.9 114.0 114.5 114.5 114.5 106.0 106.4 118.4 116.8 117.7 115.9 168.8 107.0 115.6 117.4 116.2 118.8 118.0 107.6 116.3 115.3 115.3 115.3 100.5 105.9 117.7 113.0 113.7 112.2 100.2 106.0 119.6 112.3 112.7 111.8 105.3 105.9 120.0 Imports of merchandise Foods, feeds, and beverages Industrial supplies and materials, except petroleum and products Durable goods Nondurable goods Petroleum and products Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods Nondurable goods 79.4 71.9 77.7 74.6 72.8 70.9 69.3 67.6 110.9 110.5 113.2 112.0 114.6 111.3 111.3 111.3 114.4 113.6 114.2 113.9 114.5 113.1 113.1 113.1 113.8 111.5 114.6 113.9 115.6 112.8 112.8 112.8 115.3 112.7 114.9 114.6 115.2 113.7 113.7 113.7 113.6 113.1 113.6 113.2 114.0 112.9 112.9 112.9 114.1 113.5 113.4 113.1 113.9 112.6 112.6 112.6 114.4 115.2 114.9 114.7 115.1 113.3 113.3 113.3 115.9 115.7 116.5 115.7 117.4 114.1 114.1 114.1 Addenda: Exports of agricultural products } Exports of nonagricultural products ... Imports of nonpetroleum products 113.9 108.4 110.8 113.0 109.3 111.7 114.2 111.5 114.6 113.9 109.1 109.3 110.0 109.2 108.4 108.9 108.7 112.2 112.1 112.9 112.0 111.6 112.3 113.0 1. Includes parts of line 2 and line 5. 1990 1992 112.8 115.0 110.5 89.9 106.8 121.0 1991 1990 IV Government purchases 1992 1991 I II III IV I 112.4 116.3 114.3 115.5 116.0 116.5 117.2 118.3 Federal 112.1 116.4 113.8 115.9 116.0 116.4 117.4 119.4 National defense Durable goods Nondurable goods Services . . Compensation of employees Military Civilian Other services Structures Nondefense Durable goods . . . Nondurable goods Commodity Credit Corporation inventory change Other nondurables Services .. Compensation of employees Other services Structures State and local Durable goods Nondurable goods Services Compensation of employees Other services Structures Addenda: Price indexes for government purchases: Chain-type annual weights Benchmark-years weights Price indexes for Federal national defense purchases: Chain-type annual weights Benchmark-years weights Price indexes tor Federal nondefense purchases: Chain-type annual weights Benchmark-years weights . . . . Price indexes for State and local purchases: Chain-type annual weights . Benchmark-years weights 112.2 109.4 124.7 112.8 115.2 114.9 115.9 109.3 115.7 116.3 111.1 119.1 118.1 121.6 120.9 122.9 113.1 129.1 114.1 110.6 143.3 114.0 115.8 115.2 116.9 111.4 116.3 116.0 111.1 125.8 117.0 120.4 119.8 121.7 112.1 134.2 115.8 110.9 115.2 117.6 121.2 120.4 122.6 112.6 128.2 116.1 110.3 115.7 118.3 121.8 121.2 123.2 113.4 130.1 117.3 112.2 119.6 119.4 122.8 122.2 124.0 114.5 124.0 119.1 112.3 112.6 122.6 128.3 127.7 129.6 114.5 123.8 111.5 116.8 113.0 115.8 116.6 117.1 117.6 120.0 104.1 106.5 104.6 107.6 106.6 106.1 105.7 103.2 109.2 113.2 115.4 110.2 110.6 110.5 119.1 122.3 114.7 113.2 109.1 114.6 116.3 112.3 111.3 108.3 118.0 121.4 113.4 112.4 109.9 118.7 122.2 113.9 113.3 111.7 119.3 122.6 114.8 113.6 112.0 120.4 123.2 116.6 113.4 110.5 123.9 128.9 117.0 113.0 112.7 108.2 115.6 113.3 116.1 116.2 111.2 115.3 117.8 121.7 114.6 109.4 121.5 115.1 118.3 115.2 110.7 116.7 116.4 119.8 116.0 110.9 114.4 117.4 121.2 116.7 111.2 115.2 118.3 122.3 117.1 112.0 115.1 118.9 123.5 117.4 112.6 113.9 119.8 124.6 82.1 74.5 80.0 78.1 76.3 74.2 69.6 67.5 109.4 111.0 109.8 110.3 111.5 111.5 110.7 109.2 24 • April 1992 SURVEY OF CURRENT BUSINESS Table 7.12.—Price Indexes for National Defense Purchases, Fixed 1987 Weights Table 7.14.—Implicit Price Deflators for Gross Domestic Product by Sector [Index numbers, 1987=100] [Index numbers, 1987=100] Seasonally adjusted Seasonally adjusted 1990 1991 1990 IV National defense purchases Durable goods Military equipment Aircraft Missiles Ships Vehicles Electronic equipment Other Other durable goods 1991 I II IV I 119.1 112.2 116.3 114.1 116.0 115.8 116.1 117.3 109.4 111.1 110.6 111.1 110.9 110.3 112.2 112.3 109.4 112.4 101.0 110.0 110.5 105.9 113.0 108.8 111.3 111.6 104.9 116.8 115.4 107.0 115.8 109.2 110.7 113.1 104.5 111.0 112.1 106.2 113.8 109.7 111.3 111.2 108.9 114.8 112.5 106.8 114.7 109.4 111.0 111.6 104.2 117.2 113.7 106.8 115.6 109.3 110.5 109.9 103.7 117.2 115.9 107.1 116.3 108.5 112.5 113.8 102.6 118.0 119.5 107.6 116.6 109.5 112.6 114.0 102.6 118.3 119.8 107.8 116.8 108.6 Nondurable goods Petroleum products Ammunition Other nondurable goods Services Compensation of employees Military Civilian Other services Contractual research and development Installation support1 Weapons support23 . Personnel support Transportation of material Travel of persons Other 124.7 119.1 143.3 125.8 115.2 115.7 119.6 112.6 146.3 112.1 113.2 133.2 109.5 112.8 198.5 111.5 113.5 152.6 109.3 112.4 120.1 112.4 112.7 125.0 108.0 112.9 135.3 108.2 113.3 114.2 110.0 113.3 112.8 118.1 114.0 117.0 117.6 118.3 119.4 122.6 115.2 114.9 115.9 109.3 121.6 120.9 122.9 113.1 115.8 115.2 116.9 111.4 120.4 119.8 121.7 112.1 121.2 120.4 122.6 112.6 121.8 121.2 123.2 113.4 122.8 122.2 124.0 114.5 128.3 127.7 129.6 114.5 106.2 110.7 109.7 117.9 108.9 113.1 114.1 126.0 105.4 109.1 107.2 112.8 111.4 123.1 107.8 112.5 111.9 124.0 102.4 112.6 108.9 112.2 113.0 125.6 104.9 108.3 109.8 113.6 113.8 125.3 105.2 108.1 109.0 114.3 117.5 129.1 109.2 107.3 109.0 113.9 116.9 129.7 109.3 108.4 Structures Military facilities Other 115.7 129.1 116.3 134.2 128.2 130.1 124.0 123.8 107.3 131.0 110.5 108.1 163.3 131.4 108.2 182.1 109.9 111.8 161.9 163.6 112.3 145.5 113.3 143.1 96.3 107.4 97.9 109.8 Addenda: Price indexes for national defense purchases: Chain-type annual weights Benchmark-years weights 1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to operate installations. 2. Includes depot maintenance and contractual services for weapons systems, other than research and development. 3. Includes compensation of foreign personnel, consulting, training, and education. Table 7.13.—Implicit Price Deflators for the Relation of Gross Domestic Product, Gross National Product, Net National Product, and National Income [Index numbers, 1987=100] Gross domestic product Plus: Receipts of factor !income from the rest of the world Less: Payments of 2factor income to the rest of the world Equals: Gross national product Less: Consumption of fixed capital Equals: Net national product Less: Indirect business tax and nontax liability plus business transfer payments less subsidies plus current surplus of goverment enterprises Statistical discrepancy Equals: National income Addenda: Net domestic product Domestic income 112.9 117.0 114.5 115.9 116.8 117.4 117.9 1135 1179 1152 1167 1177 1184 1190 1138 1182 1156 1170 1180 1185 1193 112.9 117.0 114.5 115.9 116.8 117.4 117.9 108.0 109.6 108.7 109.5 109.7 109.6 109.6 113.5 118.0 115.2 116.7 117.7 118.4 119.0 112.4 116.2 113.9 115.2 116.0 116.5 117.0 113.5 118.0 116.7 117.7 118.4 119.0 115.2 118.8 108.8 120.1 1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. 1990 1992 III Gross domestic product Business Nonfarm Nonfarm less housing Housing Farm Statistical discrepancy Households and institutions Private households Nonprofit institutions General government Federal State and local Addendum: Gross domestic business product less housing 1991 1990 1992 1991 IV I II III IV I 112.9 117.0 114.5 115.9 116.8 117.4 117.9 118.8 112.4 112.3 112.0 115.2 120.1 112.4 116.2 116.3 115.9 119.8 109.9 116.2 113.9 114.0 113.7 117.0 110.8 113.9 115.2 115.3 115.0 118.0 107.7 115.2 116.0 116.0 115.7 119.1 115.3 116.0 116.5 116.6 116.3 120.0 111.9 116.5 117.0 117.2 116.7 122.1 105.0 117.0 117.6 117.8 117.3 122.3 106.1 117.6 115.1 106.0 115.5 121.9 111.4 122.4 117.9 108.6 118.3 119.5 109.8 119.9 121.2 110.9 121.6 123.0 111.8 123.5 123.8 113.2 124.3 125.0 113.8 125.5 115.8 115.2 116.1 121.7 121.7 121.6 117.5 115.9 118.3 120.0 120.6 119.8 121.2 121.4 121.1 122.2 123.2 122.0 122.9 122.3 123.4 125.7 128.4 124.5 1121 Table 7.15.—Current-Dollar Cost and Profit Per Unit of ConstantDollar Gross Domestic Product of Nonfinancial Corporate Business [Dollars] Current-dollar cost and profit per unit of constant-dollar gross domestic product1 Consumption of fixed capital Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies Domestic income Compensation of employees Corporate profits with inventory valuation and capital consumption adjustments Profits tax liability Profits after tax with inventory valuation and capital consumption adjustments Net interest 1.137 1.107 1.135 1.117 1.129 1.135 1.138 .120 .127 .123 .127 .128 .127 .127 .987 1.007 .994 1.002 1.007 1.010 1.010 .105 .114 .109 .113 .113 .116 882 893 885 889 894 894 .745 .763 .758 .760 .763 .765 .116 .894 .763 .083 .035 .076 .031 .072 .033 .073 .030 .077 .031 .076 .032 .079 .047 .055 .045 .054 .039 .056 .043 .056 .046 .054 .044 .054 .047 .052 03? 1. Equals the deflator for gross domestic product of nonfinancial corporate business with the decimal point shifted two places to the left. SURVEY OF CURRENT BUSINESS April 1992 Table 8.1 .—Percent Change From Preceding Period in Selected Series [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1991 1990 1990 IV Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights . Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weiohts Personal consumption expenditures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weiohts Price indexes: Fixed 1987 weights . Chain-type annual weights Benchmark-years weiohts Durable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Price indexes: Fixed 1987 weights Chain-type annual weights Nondurable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights 1990 1992 1991 IV I II 2.3 4.6 4.1 2.2 4.9 1.4 1.8 .4 2.0 III 2.9 1.0 -7 4.3 3.9 3.2 5.4 3.3 2.6 2.1 3.1 6.4 3.9 2.9 1.7 4.3 5.0 2.8 8.3 1.2 -.1 1.4 2.3 0 5.3 5.2 4.1 -3.9 -3.5 6.8 -2.5 -1.3 3.1 1.3 -4.4 -12.4 -9.6 -.4 -6.0 -14.0 -11.9 2.1 2.4 2.3 2.9 -.6 -1.8 2.8 12.3 9.5 3.9 2.1 3.5 0 2.1 2.8 3.1 -4.9 20.1 -5.7 18.3 1.3 1.9 6.2 2.8 1.4 -2.0 6.4 .1 -.7 -3.4 -.3 .9 0 -3.9 4.6 6.2 3.7 10.3 0 1.3 1.3 2.0 1.7 7.7 6.5 4.7 5.2 6.7 5.7 7.3 7.2 2.3 1.7 -.9 .7 2.5 2.2 3.7 2.9 5.4 4.8 5.7 4.9 4.1 3.5 3.6 4.2 6.0 Structures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Producers' durable equipment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Residential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Exports of goods and services: Current dollars . . . Quantity indexes: Fixed investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Nonresidential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weiahts 2.9 -12.1 -19.3 .3 -13.4 -19.7 -4.2 -9.5 -30.3 -20.4 -.3 19.4 3.8 -17.7 -5.7 -9.5 -29.5 -20.9 -.4 19.7 5.0 -15.6 1.5 2.8 -3.3 1.6 -3.4 2.2 2.1 .6 IV I -22.3 -8.7 -9.6 -23.9 -7.8 -8.5 2.4 -1.0 -1.2 II III -14.2 -8.4 -15.7 -10.3 1.9 1.7 -.7 -17.1 -1.3 3.4 -4.2 -18.1 0 6.7 -1.6 0 .7 -1.6 3.9 2.9 1.7 .4 1.6 1.7 -6.6 -9.6 -16.3 -24.6 6.1 14.3 11.2 14.1 -8.7 -10.4 -15.0 -24.8 3.1 10.9 12.3 15.8 2.4 .9 -1.7 .2 2.5 3.6 -.9 -1.4 .7 9.0 7.4 18.6 -4.6 18.0 5.0 7.8 6.3 17.7 -7.4 19.4 7.3 1.6 1.6 6.3 -.4 11.9 -25.7 2.2 .3 -9.3 -15.4 13.3 Fivpri 1 QR7 w/pinhtc 4.3 .3 26.0 -11.9 -7.7 -2.0 Government purchases: Current dollars Quantity indexes: Fixed 1987 weiohts Chain-tvoe annual weiohts Benchmark-years weiohts Price indexes: 7.4 4.3 10.0 6.7 1.4 -1.2 -3.5 6.3 3.2 .9 4.6 2.8 • •i -3.4 -5.4 2.8 4.2 3.5 4.9 4.5 1.6 5.9 4.8 9.6 1.6 1.1 4.5 3.9 4.5 3.2 .2 0 5.9 3.6 4.1 FivpH 1QR7 u/pinhtc Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights -.5 4.6 -.4 10.8 9.7 1.0 3.0 0 19.2 6.1 -4.6 22.3 2.1 -1.5 3.6 -2.6 -2.4 Imports of goods and services: Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Chain-type annual weights Benchmark-years weights Gross private domestic investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights I 2.6 1992 1991 IV I 5.1 -.9 1990 1991 riypri 1Qfl7 wpinhtc 2.9 2.0 2.3 3.6 Chain-type annual weiohts Benchmark-years weiohts .1 -1.6 2.3 -7.2 -9.7 -18.4 -1.4 -.7 -7.6 -9.6 -19.3 -1.7 -.2 .4 2.9 2.0 .1 0 1.7 1.3 2.3 1.3 -1.3 1.6 2.9 -6.3 -7.2 -16.1 -3.8 -5.5 -5.6 -2.7 1.2 -6.6 -7.7 -17.4 -3.3 -3.7 -3.4 -1.5 2.3 2.1 2.7 3.2 .7 1.3 .7 .6 Federal: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weiohts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights National defense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights 4.6 ,4.5 4.1 12.8 .5 -6.2 -11.1 9.4 9.9 1.0 -8.1 -13.6 2.3 7.5 .1 16.6 1.3 3.7 15.4 -4.6 -7.2 -13.3 10.9 -3.3 -8.9 -15.7 6.7 -.7 1.2 4.3 6.8 5.2 -1.6 6.2 SURVEY OF CURRENT BUSINESS 26 • April 1992 Table 8.1.—Percent Change From Preceding Period in Selected Series—Continued Table 8.2.—Selected Per Capita Product and Income Series in Current and Constant Dollars and Population of the United States [Percent] [Dollars] Seasonally adjusted at annual rates 1990 1990 1991 1991 IV Nondefense: Current dollars . .. Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights State and local: Current dollars .. Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Addenda: Final sales of domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . . .. Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Gross domestic purchases: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Final sales to domestic purchasers: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Gross national product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weignts Benchmark-years weights Command-basis gross national product: Quantity index fixed 1987 weights Disposable personal income: Current dollars 1987 dollars 9.9 9.1 1.1 5.5 3.9 .8 4.3 4.8 8.4 3.9 4.4 .7 3.9 3.2 4.0 10.2 4.6 5.5 5.9 3.2 2.7 1.7 -.5 -.3 4.3 3.9 4.9 2.1 .5 -1.3 3.0 -1.3 -6.5 Seasonally adjusted at annual rates I II III IV I 20.0 16.0 -3.5 -5.1 20.6 14.0 -5.9 -7.8 13.2 6.9 10.4 .4 -1.9 2.2 2.5 -2.4 2.8 1.7 1.7 8.4 2.0 2.4 2.1 4.3 -.7 -1 .8 3.2 2.7 2.5 1.3 1.1 4.4 1.6 1.5 7.8 1.2 -.7 -.2 4.8 5.4 3.4 2.6 2.1 3.1 -.6 3.2 5.5 1.7 4.3 .9 3.4 -.4 1.7 -3.5 4.5 3.6 5.8 3.2 2.4 2.5 2.2 2.7 5.6 2.4 2.3 -.4 3.0 3.1 1.0 7.1 .7 .8 1.1 -1.1 -3.0 -3.4 -1.0 4.5 3.6 5.6 3.2 2.4 2.5 2.2 5.3 2.9 .5 2.1 3.5 4.3 2.2 1.1 -.7 .3 2.0 .4 43 39 3.3 2.6 2.1 1.2 2.1 .1 5.6 2.6 3.0 .3 3.7 .9 8 7.1 1.9 -2.5 32 -47 3.9 -.1 4.5 -2.0 -2.8 5.4 -1.0 1.3 -1.7 4.5 2.7 6.0 3.0 NOTE.—Except for disposable personal income, the quantity and price indexes in this table are calculated from weighted averages of the detailed output and prices used to prepare each aggregate and component. The fixed weighted measures use as weights the composition of output in 1987. For the alternative indexes, the chain-type indexes with annual weights use weights for the preceding and current years, and the indexes with benchmarkyears weights use weights of 1959, 1963, 1967, 1972, 1977, 1982, and 1987 and the most recent year. 1990 1992 1991 1990 IV Current dollars: Gross domestic product Gross national product Personal income . Disposable personal income . ... Personal consumption expenditures ... Durable goods Nondurable ooods Services Constant (1987) dollars: Gross domestic product Gross national product Disposable personal income Personal consumption expenditures ... Durable goods Nondurable goods Services Population (midperiod, thousands) 1992 1991 I II III IV I 22,056 22,450 22,135 22,206 22,406 22,567 22,620 22,099 18,720 22,502 19,133 22,237 18,977 22,296 18,944 22,438 19,110 22,610 19,184 22,664 19,292 '"19,483 16,236 16,695 16,479 16,492 16,678 16,752 16,855 17,058 14,971 1,864 15,392 1,762 15,183 1,800 15,208 1,751 15,334 1,744 15,481 1,790 15,542 1,763 15,817 1,841 4,871 8,236 4,955 8,675 4,964 8,418 4,952 8,505 4,966 8,624 4,970 8,720 4,931 8,849 4,996 8,980 19,231 22,837 19,540 19,190 19,337 19,166 19,188 19,221 19,185 19,579 19,235 19,428 19,245 19,216 19,258 19,222 14,154 13,990 14,058 13,965 14,022 13,992 13,981 14,049 13,051 1,756 12,898 1,633 12,952 1,689 12,877 1,632 12,892 1,621 12,930 1,653 12,891 1,624 13,027 1,690 4,203 7,092 4,128 7,137 4,161 7,102 4,148 7,097 4,147 7,124 4,135 7,142 4,082 7,185 4,118 7,219 249,992 252,676 251,074 251,689 252,281 252,990 253,742 254,381 April 1992 • 27 SURVEY OF CURRENT BUSINESS Table 8.3.—Auto Output Table 8.4.—Auto Output in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates 1990 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 of new and used autos New . . Used Addenda: Domestic output of new autos l Sales of imported new autos2 130.3 1991 118.0 1992 1991 1990 Seasonally adjusted at annual rates IV I II III IV I 118.5 109.8 115.5 125.2 121.4 122.2 135.0 121.1 126.2 117.6 121.5 122.6 122.7 129.5 132.4 115.5 125.4 115.0 112.1 117.7 117.1 123.4 96.6 35.8 35.5 55.0 79.5 36.0 37.3 59.3 -19.6 -35.4 -22.0 -33.7 10.5 45.9 12.4 46.1 2.5 -4.7 -4.2 -.6 99.7 59.3 89.7 35.7 36.1 55.8 -19.7 -20.2 -38.3 -35.7 9.0 10.5 47.3 2.1 -3.1 -3.8 46.3 3.0 -7.7 -6.9 .7 94.0 54.0 78.4 36.7 35.3 55.5 3.0 -7.8 -7.0 -.7 89.1 58.5 -.7 86.8 50.4 79.0 38.7 39.9 64.7 82.4 34.7 36.5 57.2 -22.2 -24.7 299 -36.8 -20.7 -32.6 78.2 33.9 37.4 59.6 11.7 41.5 1.9 -6.0 -8.2 2.2 89.4 55.8 14.3 51.1 1.8 2.5 2.1 .4 102.1 57.8 12.9 45.4 1.6 -1.3 -2.0 .7 97.7 51.9 88.5 34.8 35.7 54.7 -18.9 31 4 13.0 44.4 1.8 -7.3 -6.1 -1.3 95.6 54.8 1990 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 of new and used autos . . New Used . Addenda: Domestic output of new autos J Sales of imported new autos2 121.1 1991 1990 106.0 I 110.7 99.3 126.5 109.4 119.3 108.0 124.9 105.8 118.0 106.8 91.5 33.4 33.1 52.1 72.6 33.2 32.9 54.1 -19.0 -21.2 -33.8 -31.1 9.7 10.9 43.6 2.3 -5.3 -4.8 42.0 1.8 -3.5 -4.2 .7 93.5 56.2 84.9 49.3 84.7 33.4 33.4 52.6 72.2 34.5 31.4 51.2 II III IV I 104.5 112.3 107.8 108.9 109.7 109.8 110.2 116.3 103.1 107.3 106.2 112.0 71.5 31.6 32.9 54.5 -19.2 -19.8 -21.6 -34.9 -32.6 -27.9 9.3 10.3 8.9 43.8 2.8 -8.6 -8.0 -.6 83.5 55.2 1992 1991 IV 41.9 2.5 -8.7 -8.1 -.6 78.4 46.4 71.9 35.3 35.3 58.9 74.8 31.4 32.2 51.9 80.1 32.0 31.1 49.4 -23.6 -19.7 344 -29.6 -18.4 -28.4 11.3 40.9 11.3 39.7 38.2 1.7 -5.2 -7.4 2.2 81.2 51.0 12.5 46.9 1.6 2.5 2.0 .5 92.6 52.6 1.4 -2.4 -3.2 .8 87.6 47.1 1.6 -7.4 -6.4 -1.1 85.4 49.6 1. Consists of final sales and change in business inventories of new autos assembled in the United States. 2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. 1. Consists of final sales and change in business inventories of new autos assembled in the United States. 2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. Table 8.5.—Truck Output Table 8.6.—Truck Output in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Truck output! . . Final sales . Personal consumption expenditures .. Producers' durable equipment Net exports Exports Imports Government purchases Change in business inventories 1. Includes new trucks only. 72.8 73.8 67.7 67.1 56.8 68.2 72.3 73.6 76.9 39.5 334 -54 4.2 96 63 69.2 35.7 31 4 -38 53 91 59 69.6 35.9 327 -42 4.5 87 53 65.6 32.8 294 35 45 80 68 69.3 34.2 304 -26 5.8 84 73 70.8 38.3 31 4 -42 53 95 54 71.1 37.5 345 -50 53 103 41 70.6 38.0 329 -61 4.6 107 58 -1.0 -1.5 -2.5 -8.8 -1.1 1.4 2.5 6.3 Truck output * Final sales Personal consumption expenditures .. Producers' durable equipment Net exports Exports Imports Government purchases Change in business inventories 1. Includes new trucks only. 67.4 68.3 60.4 61.2 51.2 61.7 64.1 64.6 66.9 36.5 30.9 61.8 31.5 28.1 63.5 32.7 29.9 59.2 29.3 26.6 62.6 30.4 27.6 62.9 33.6 28.1 62.4 32.8 30.3 61.5 33.0 28.7 -50 39 8.9 58 -32 47 7.9 53 -39 4.1 8.0 48 -29 41 7.0 61 -20 5.3 7.3 66 -37 4.7 8.4 48 -43 4.7 9.0 36 -53 4.0 9.3 50 -1.0 -1.3 -2.3 -7.9 -1.0 1.3 2.2 5.4 28 • April 1992 SURVEY OF CURRENT BUSINESS NIPA Charts Jan. July July P T P Nov T Billion 1987 $; seasonally adjusted annual rates expenditures- Services Gross f rivate domestic inves ment— Change in busine >s inventorie s Net exports of goods and services— Governn lent purcto ses— 1964 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 90 91 1992 April 1992 • SURVEY OF CURRENT BUSINESS Percent Change 10 Percent Change 10 REAL GROSS DOMESTIC PRODUCT1 GROSS DOMESTIC PURCHASES PRICE INDEX (FIXED WEIGHTS)1 •i.ll-.il 1989 1090 1989 1991 1990 1991 1992 Billion 500 Percent Change 10 REAL GROSS DOMESTIC PURCHASES1 CORPORATE PROFITS WITH IVA AND CCAdj2 400 1 "If 300 100 -10 1989 1990 1991 1990 1992 1991 1992 Percent 10 Percent Change 10 REAL DISPOSABLE PERSONAL INCOME1 PERSONAL SAVING RATE3 5 - 1 ill. H i .1 1 -10 1969 1990 1991 1992 t, Percent enange at annuaf rate from preceding quarter; based on seasonally adjusted estimates, a Seasonal atjjusted annual rate; JVA ts inventory valuation adjustment, and CCAdj is capital.consumption adjustment L 3. Personal saving *" " " ' "" ~Jt-~i-J —" U,S. Department of Commerce, Bureau of economic Analysis 1989 1990 1991 1992 29 30 • April 1992 SURVEY OF CURRENT BUSINESS Errata National Income and Product Accounts "National Income and Product Accounts Tables, 1987-90," which appeared in the January 1992 SURVEY OF CURRENT BUSINESS, contained several errors in addition to those identified in the February 1992 SURVEY. The "Summary National Income and Product Series" that appeared in the February 1992 SURVEY also contained several errors. The corrected estimates are provided below. Corrections to tables in the January SURVEY: Table 2.9.—Personal Income and Its Disposition Billions of dollars Billions of dollars Personal saving as a percentage of disposable income1 Personal outlays Year and month Total Personal transfer payments to foreigners (net) Personal saving Year and month 3.0 2.7 2.9 2.9 142.0 155.7 166.1 205.8 4.3 4.4 4.4 5.1 January February March April May June July August September October November December 1988 3,010.4 3,075.7 3,086.0 3,111.4 3,120.0 3,145.2 3,165.7 3,201.0 3,194.7 3,204.0 3,213.5 3,242.7 2.8 2.8 2.8 3.1 3.1 3.1 3.1 3.1 3.1 3.1 3.1 3.1 203.7 176.2 173.5 33.0 140.8 121.6 118.4 102.4 124.8 178.5 156.8 174.1 5.2 5.7 4.0 3.6 3.1 3.9 3.5 3.5 4.1 4.6 5.0 4.7 January February March April May June July August September October November December 3,278.1 3,285.2 3,321.1 3,324.0 3,355.7 3,387.5 3,406.0 3,427.8 3,434.7 3,478.4 3,491.5 3,520.3 2.9 2.9 2.9 2.4 2.4 2.4 2.6 2.6 2.6 2.7 2.7 2.7 150.4 172.8 162.9 148.5 155.0 152.0 152.5 146.9 157.9 173.8 145.5 149.9 4.8 4.7 4.6 4.5 4.3 4.3 4.2 4.3 4.4 4.4 4.3 4.1 . . . Personal transfer payments to foreigners (net) Total 3,147.5 3,392.5 3,622.4 3,853.1 1987 1988 1989 1990 Personal saving as a percentage of disposable income1 Personal outlays Personal saving 1989 January February March April May June July . . . August September October November December 1987 3,531.6 3,538.7 3,539.2 3,581.7 3,593.7 3,607.1 3,632.9 3,667.2 3,672.9 3,675.3 3,695.7 3,732.9 2.6 2.6 2.6 3.0 3.0 3.0 2.9 2.9 2.9 3.1 3.1 3.1 160.9 198.6 219.6 151.3 161.6 167.2 158.5 131.5 134.2 163.1 180.9 166.4 4.6 5.2 5.1 4.7 4.3 4.3 4.0 3.7 3.7 4.2 4.4 4.4 3,767.6 3,774.9 3,789.8 3,796.4 3,805.4 3,846.7 3,871.6 3,893.3 3,923.6 3,917.8 3,922.9 3,926.8 3.0 3.0 3.0 2.6 2.6 2.6 3.3 3.3 3.3 2.9 2.9 2.9 171.9 199.2 218.7 218.0 217.8 211.8 205.1 192.2 189.6 196.4 215.4 233.1 4.5 4.9 5.3 5.4 5.4 5.2 5.0 4.8 4.7 4.9 5.2 5.5 1990 January February March April May June July August September October November December 1. Monthly estimates equal the 3-month moving average of personal saving as a percentage of the 3-month moving average of disposable personal income. Table 8.18.—Imputations in the National Income and Product Accounts [Billions of dollars] 1987 1988 1989 1990 Line 69 Personal taxes outlays and saving Line 71 Excluding imputations (69-70) 3 802.0 3591.3 4,075 9 3844.5 43802 4,1436 46798 4,4228 Line 78, Personal outlays Line 80, Excluding imputations (78-79) 3,147.5 2,996.1 3,392.5 3,221.9 3,622.4 3,430.9 3,853.1 3,626.2 Line 81 Personal saving Line 83 Excluding imputations (81—82) 142.0 25.9 1557 34.9 1661 53.6 2058 103.4 Line 84, Gross investment, or gross saving and statistical discrepancy Line 86 Excluding imputations (84—85) 594.2 384.4 6756 454.6 7407 516.5 7190 502.8 Table 9.5.—Foreign Transactions in the National Income and Product Accounts, Quarterly Totals Not Seasonally Adjusted [Billions of dollars] 1988 1'987 Line Line Line Line 12, Transfer payments (net) 13, From persons (net) 15 From business (net) . . . 16 Net foreign investment I II III 3.7 .8 .7 -32.9 3.6 .7 7 -39.2 3.8 .8 .8 -43.3 IV 5.5 .7 10 -39.7 I 4.2 .9 1.2 -26.4 II 3.6 .5 12 -28.3 19 30 1989 III IV I II III 3.9 .7 1.0 -32.3 6.1 .6 1.5 -30.9 4.4 .8 1.1 -20.1 3.6 .6 12 -23.6 4.4 .8 1.0 -29.3 IV 5.8 .7 1.2 -23.8 I II III 4.7 1.0 1.0 -16.1 5.1 .5 1.2 -18.8 4.9 .8 1.1 -29.2 IV 5.3 .6 1.2 -19.5 SURVEY OF CURRENT BUSINESS April 1992 • 31 Corrections to tables in the February SURVEY: The corrections are to the constant (1987) dollar estimates for 1959 through 1971. Percent changes for 1972 and 1972:1 are also affected. Table 2.—Gross Domestic Product in Constant Dollars [Billions of dollars; quarterly data are seasonally adjusted at annual rates] Government purchases Year and quarter Percent change from preceding period GDP Total Federal Final sales of domestic product Gross domestic purchases Gross national product Final sales of domestic product GDP Gross domestic purchases GNP 1959 1,928.8 475.3 265.7 1,915.2 1,950.6 1,939.6 1960 1961 1962 1963 1964 1,970.8 2,023.8 2,128.1 2,215.6 2,340.6 476.9 501.5 524.2 536.3 549.1 259.0 270.1 287.3 285.7 281.8 1,962.7 2,016.6 2,112.5 2,199.6 2,324.9 1,978.5 2,029.3 2,138.6 2,221.4 2,338.1 1,982.8 2,037.1 2,143.3 2,231.9 2,358.2 2.2 2.7 5.2 4.1 5.6 2.5 2.7 4.8 4.1 5.7 1.4 2.6 5.4 3.9 5.3 2.2 2.7 5.2 4.1 5.7 1965 1966 1967 1968 1969 2,470.5 2,616.2 2,685.2 2,796.9 2,873.0 566.9 622.4 667.9 686.8 682.0 282.1 319.3 350.9 353.1 340.1 2,445.4 2,579.5 2,657.5 2,773.2 2,848.2 2,476.9 2,634.2 2,708.9 2,834.4 2,914.5 2,489.0 2,633.2 2,702.6 2,815.7 2,890.9 5.5 5.9 2.6 4.2 2.7 5.2 5.5 3.0 4.4 2.7 5.9 6.4 2.8 4.6 2.8 5.5 5.8 2.6 4.2 2.7 1970 1971 1972 2,873.9 2,955.9 3,107.1 665.8 652.4 653.0 315.0 290.8 284.4 2,868.0 2,935.2 3,084.5 2,909.1 3,001.8 3,163.6 2,891.6 2,976.0 3,128.8 0 2.9 5.1 .7 2.3 5.1 -.2 3.2 5.4 0 2.9 5.1 1,904.9 1,937.5 1,930.8 1,941.9 476.1 478.2 474.9 471.9 266.4 268.4 265.0 262.8 1,889.4 1,913.1 1,930.3 1,928.0 1,926.3 1,962.5 1,951.1 1,962.4 1,915.1 1,947.7 1,941.8 1,953.6 7.0 5.1 3.6 -.5 1,976.9 1,971.7 1,973.7 1,961.1 466.8 473.7 479.9 487.2 254.9 257.3 259.5 264.3 1,947.3 1,964.5 1,962.1 1,977.0 1,990.3 1,982.1 1,979.3 1,962.3 1,988.1 1,983.3 1,985.8 1,974.0 1,977.4 2,006.0 2,035.2 2,076.5 493.7 496.6 500.7 515.1 263.8 268.3 269.7 278.6 1,985.9 2,003.5 2,016.7 2,060.2 1,978.2 2,012.0 2,041.9 2,084.9 1,991.1 2,018.9 2,048.4 2,090.1 3.4 5.9 6.0 8.4 1.8 3.6 2.7 8.9 3.3 7.0 6.1 8.7 3.5 5.7 6.0 8.4 2,103.8 2,125.7 2,142.6 2,140.2 520.8 524.4 526.0 525.3 286.8 289.1 288.1 285.1 2,080.5 2,111.5 2,125.2 2,132.8 2,115.7 2,133.5 2,151.5 2,153.7 2,117.3 2,140.6 2,157.7 2,157.7 5.4 4.2 3.2 -.4 4.0 6.1 2.6 1.4 6.0 3.4 3.4 .4 5.3 4.5 3.2 0 2,170.9 2,199.5 2,237.6 2,254.5 528.1 532.9 543.6 540.6 283.4 285.9 290.0 283.4 2,149.6 2,184.6 2,220.9 2,243.3 2,181.3 2,204.7 2,243.6 2,256.1 2,187.4 2,215.3 2,253.6 2,271.1 5.9 5.4 7.1 3.1 3.2 6.7 6.8 4.1 5.2 4.4 7.2 2.2 5.6 5.2 7.1 3.1 III IV 2,311.1 2,329.9 2,357.4 2,364.0 546.4 551.6 549.8 548.4 285.3 285.1 280.5 276.2 2,294.2 2,314.5 2,343.5 2,347.6 2,306.5 2,328.8 2,354.9 2,362.1 2,329.3 2,347.3 2,375.4 2,380.6 9.4 3.6 5.1 .7 9.2 3.9 4.6 1.2 1965' I II Ill IV 2,410.1 2,442.8 2,485.5 2,543.8 546.6 559.3 572.1 589.6 272.3 277.8 282.7 295.8 2,376.1 2,419.4 2,460.9 2,525.1 2,417.6 2,447.7 2,493.3 2,549.1 2,429.2 2,462.5 2,50a.8 2,560.3 8.0 5.5 7.2 9.7 4.9 7.5 7.0 9.7 5.1 7.7 9.3 8.4 5.6 6.9 9.3 1966: I 2,596.8 2,601.4 2,626.1 2,640.5 599.0 615.4 631.8 643.2 301.1 315.3 328.5 332.3 2,560.7 2,569.3 2,593.2 2,594.8 2,608.1 2,617.4 2,648.9 2,662.2 2,613.9 2,618.5 2,642.8 2,657.9 8.6 .7 3.9 2.2 5.8 1.4 3.8 .2 9.6 1.4 4.9 2.0 8.6 .7 3.8 2.3 2,657.2 2,669.0 2,699.5 2,715.1 665.8 663.2 668.7 673.9 351.8 347.7 352.0 352.2 2,622.9 2,651.2 2,667.9 2,688.3 2,677.7 2,690.1 2,723.0 2,744.8 2,674.3 2,685.5 2,717.9 2,732.9 2.6 1.8 4.6 2.3 4.4 4.4 2.5 3.1 2.3 1.9 5.0 3.2 2.5 1.7 4.9 2.2 IV 2,752.1 2,796.9 2,816.8 2,821.7 682.9 688.7 686.7 688.8 356.4 355.9 350.3 349.7 2,732.1 2,760.9 2,790.3 2,809.6 2,788.8 2,832.6 2,854.2 2,861.8 2,770.3 2,815.6 2,836.0 2,840.7 5.6 6.7 2.9 .7 6.7 4.3 4.3 2.8 6.6 6.4 3.1 1.1 5.6 6.7 2.9 .7 1969- I || HI IV 2,864.6 2,867.8 2,884.5 2,875.1 682.6 686.3 681.7 677.3 342.2 343.5 339.3 335.4 2,835.8 2,844.1 2,856.3 2,856.6 2,903.5 2,912.0 2,927.7 2,914.8 2,883.6 2,886.0 2,901.7 2,892.3 6.2 .4 2.3 3.8 1.2 1.7 0 6.0 1.2 2.2 6.2 .3 2.2 1970' I II HI 2,867.8 2,859.5 2,895.0 2,873.3 671.5 662.2 665.3 664.4 326.3 315.1 310.9 307.5 2,862.8 2,851.1 2,880.6 2,877.3 2,903.8 2,893.4 2,929.4 2,909.7 2,885.6 2,877.9 2,913.1 2,889.7 2,939.9 2,944.2 2,962.3 2,977.3 656.1 653.3 650.4 649.7 297.7 292.7 289.3 283.6 2,908.0 2,920.5 2,940.3 2,971,8 2,973.8 2,993.0 3,009.3 3,031.1 2,959.8 2,965.4 2,981.3 2,997.5 9.6 .6 2.5 2.0 4.3 1.7 2.7 4.4 9.1 2.6 2.2 2.9 3,037.3 657.9 290.7 3,018.9 3,098.5 3,058.4 8.3 6.5 9.2 1959' I II Ill IV 1960: I || HI IV 1961' I || HI IV 1962: I || III IV 1963: 1 II Ill IV . . . 1964: 1 II || III IV 1967: I || HI IV 1968' I II Ill IV 1971: I || Ill IV 1972' I NOTE.—GDP=Gross domestic product; GNP=Gross national product -1.4 2.3 7.4 -1.0 .4 -2.5 10.4 3.3 4.8 1.1 -1.3 -1.0 -1.2 5.1 -3.0 4.1 3.6 -.5 3.1 10.9 .9 -1.6 4.2 -.5 7.7 -2.3 2.3 5.8 -1.6 7.0 -1.2 2.5 7.3 -1.0 .5 -.6 -3.4 -2.4 10.7 3.1 4.9 .9 -1.8 -1.3 -1.5 -1.4 -l'l 5.1 -2.7 _g 5.0 -3.2 10.1 .8 2.2 2.2 8.4 SURVEY OF CURRENT BUSINESS April 1992 Alternative Measures of Change in Real Output and Prices By Allan H. Young This article and the one that follows ity "Economic Theory and BEA'S Alternative Quantity and Price Indexes," present results of BEA'S work on alternative measures of production and prices. These measures, which are designed to supplement BEA'S featured fixedweighted measures, were first described in "Alternative Measures of Real GNP" in the April 1989 SURVEY OF CURRENT BUSINESS; in that article, BEA stated that it would develop the alternative measures as part of the next comprehensive revision of the national income and product accounts. MAJOR INNOVATION in the recent comprehensive revision of the national income and product accounts (NIPA'S) was the development of alternative measures of real gross domestic product (GDP) and of GDP prices. This article describes these measures and provides annual estimates for the period from 1959 to 1990. Later this year, BEA expects to provide quarterly estimates of the alternative measures. BEA now features real GDP calculated in 1987 prices as its measure of real output.1 Before the comprehensive revision, the featured measure was real gross national product (GNP) calculated in 1982 prices. However, for reasons set forth in this article, no single measure of real GDP can be considered sufficient for all analytical applications. BEA first introduced an alternative measure of real output in 1989, when real GNP calculated in 1987 prices was presented as an alternative to real GNP calculated in 1982 prices.2 This alternative provided a preview of the use of 1987 prices to value real output in the comprehensive revision. BEA also announced that it was conducting research into alternative measures that would not 1. Depending on the context, real GDP is described in this article in two different but equivalent ways: As the sum of detailed quantities valued in base-year prices, and as the weighted sum of detailed quantity relatives (indexes), where the weights, which are referred to as price weights, are shares of current-dollar output in the base year. Footnote 12 in the appendix to this article, "A Note on Alternative Measures of Real GDP" provides several equivalent algebraic formulations for real GDP. 2. See Allan H. Young, "Alternative Measures of Real GNP," SURVEY OF CURRENT BUSINESS 69 (April 1989): 27-34. be based on the fixed price weights of a single year. In general, a fixed-weighted measure of real output based on the prices of a more recent year increases less than one based on prices of an earlier year. This property, which has often been observed in index number construction, exists because the commodities for which output grows rapidly tend to be those for which prices increase slowly or decrease (and, conversely, the commodities for which output grows slowly tend to be those for which prices increase rapidly). Thus, when real output is recalculated using more recent prices, the commodities with strong output growth receive less weight, lowering the growth rate of the aggregate.3 This property has always been recognized as a problem in long-term comparisons of real output. However, until recently, the difference in the effect of using one set of prices rather than another in measuring real GDP in the United States 3. In considering whether the price of a commodity has increased more or less rapidly than prices of other commodities from one period to another, it is necessary to restate the price weights of the commodities for one of the two periods so that they reflect the same quantities as the weights for the other period. For example, to compare the price of a commodity in 1982 with the price in 1987, output shares in 1982 valued in 1982 and 1987 prices may be compared. It would be incorrect to compare the current-dollar output share in 1982 with the current-dollar output share in 1987 because such comparisons are affected by changes in both prices and quantities. Acknowledgments Robert P. Parker and Jack E. Triplet* made major contributions to the development and preparation of this article. Development of the database for the alternative measures involved the efforts of many staff members in the Government Division and the National Income and Wealth Division. G. Christian Ehemann, assisted by Mary W. Hook and Jennifer M. Wu, was in charge of the major task of directing the assembling of the database and the preparation of the alternative measures of real GDP and GDP prices. Michael F. Mohr directed the preparation of the indexes of manufacturing gross product shown in the box. Shelby A. Herman contributed to the review of the database. Martin A. Marimont provided helpful comments and suggestions. Teresa A. Price provided secretarial assistance. SURVEY OF CURRENT BUSINESS had generally been considered small enough to be safely ignored. The simplicity of an output measure in which the prices of a single year were used to value real GDP for all years was considered to outweigh any advantage provided either by presenting alternative measures based on prices of other years or by using more complex approaches to weighting. Two situations have contributed to a change in this view. First, beginning in the 1970'$, changes in the prices and quantities of the energy and food components of GDP have been large enough in certain periods to make the measurement of the change in real GDP sensitive to the choice of price weights. However, to some extent these price and quantity movements reversed direction in later periods, moderating the effects on measured long-term growth. Second, since the introduction of BEA'S price index for computers in the 1985 comprehensive revision, changes in the prices and quantities of computers have been large enough to make the measurement of the change in real GDP quite sensitive to the choice of price weights. For example, over the period 1982 to 1987, business expenditures on computers and peripheral equipment in 1987 prices increased over 300 percent, while computer prices declined 60 percent. Consequently, computers receive a lower valuation when real GDP is calculated in 1987 prices than when calculated in 1982 prices; for this reason, they contribute about 1.5 percentage points less to the growth from 1982 to 1987 in real GDP in 1987 prices than in 1982 prices. In addition, if improved measures of prices of high-tech goods other than computers (and of high-tech services) are developed in the future, they may show larger declines or smaller increases in prices than the price indexes now used in the deflation of these commodities. If so, the effect of the selection of price weights on the calculation of real GDP may become greater still. April 1992 • 33 parisons with the two alternative measures of real GDP introduced in this article. Unlike the fixed-weighted measure, the two alternative measures of real GDP introduced in this article are not based on the price weights of a single base year: In one, the weights change each year; in the other, the weights change each benchmark year—that is, at about 5-year intervals. The first index is referred to as the chain-type annual-weighted quantity index; the second, as the benchmark-years-weighted quantity index.4 (The alternative quantity indexes are presented in table 2 at the end of this article.) These alternative indexes use the Fisher Ideal index formula to provide a measure of change between two periods.5 A Fisher Ideal quantity index is a geometric mean of a Laspeyres and a Paasche quantity index. The Laspeyres quantity index uses the prices of the first of the two periods being compared to weight quantities. The Paasche quantity index uses the prices of the second period. Given that the Fisher Ideal index is a geometric mean, the change in the Fisher Ideal index falls between the changes in the Paasche and Laspeyres indexes.6 BEA expects to introduce a third alternative in 1993: A fixed-weighted quantity index with 1992 prices as weights. If, in the comprehensive revision of the mid-i99o's, BEA continues to feature real GDP calculated in the prices of a given year, the price weights are likely to be those for 1992. 4. The concept of the benchmark-years-weighted quantity index was developed by Jack Triplett, Chief Economist at BEA. He has referred to such an index as the "Time-series Generalized Fisher Ideal Index." See Jack E. Triplett, "Superlative and Quasi-Superlative Indexes of Price and Output for Investment Goods: Office, Computer, and Accounting Machinery," BEA Discussion Paper No. 40 (presented at a National Bureau of Economic Research Summer Workshop, Boston, MA, July 1988). Copies may be obtained from the author. 5. The Fisher Ideal index was one of many index formulas examined by Irving Fisher in The Making of Index Numbers, New York: Hough ton Mifflin Company, 1922. 6. The Fisher Ideal quantity index formula is Qf = <\J Ql X Q?t where Ql is the Laspeyres quantity index and Qp the Paasche quantity index. For thefirstperiod, Q\ = Q^ = ^Piqi/^Piqi = 1.0, and Q* = 1.0, where the p's and q's represent prices and quantities. For the second period, Real GDP Measures In this article, BEA'S featured measure of real GDP is shown as a fixed-weighted quantity index in which the weights are 1987 prices. This index multiplied by the 1987 value of current-dollar GDP is equal to real GDP in constant 1987 dollars—the form of real GDP customarily presented in the NIPA charts and tables. The two series are identical in terms of percent changes. Showing the featured measure in index form facilitates com- P 3 *2 — , and The growth rate from period i to period 2 is - 1.0). { - i-o) = SURVEY OF CURRENT BUSINESS 34 • April 1992 Gross Product by Industry: A Preview When BEA revises the gross product by industry estimates to make them consistent with the comprehensive revision of the NIPA'S, estimates of real gross product by industry will be calculated using fixed 1987 price weights. Updating the fixed weights from 1982 to 1987 will have the largest impact on manufacturing—specifically, on the nonelectrical machinery industry, in which computers and peripheral equipment are produced. BEA will also prepare alternative estimates of real gross product by industry using benchmark-years weights. (BEA does not plan to calculate chain-type annual-weigh ted indexes—the other alternative measure presented in the article—for real gross product by industry, because less product detail is available annually than for benchmark years.) Because of the substantial change in the relative price structure—traceable largely to the declining prices of computers and Exhibit 1.-Fixed-Weighted and Benchmark-Years-Weighted Indexes of Real Gross Product in Manufacturing: Average Annual Rate of Change Over Selected Periods 1977 weights 1982 weights 1987 weights Benchmarkyears-weighted index 4.7 .8 8.8 2.6 -.7 6.0 1.6 -1.3 4.5 2.6 .1 5.2 Fixed-weighted indexes 1977-87 1977-82 1982-87 NOTE.—With fixed-weighted indexes, real gross product is obtained by the double deflation method as the difference between real gross output and real intermediate inputs. For the benchmark-yearsweighted quantity index, the following relationship was used to obtain the gross product index: (/ GPO )*2 - /GO/(I//)*I, where IGPO is the derived benchmark-years-weighted index of gross product, IGO is a benchmark-years-weighted quantity index of gross output, /// is a benchmark-years-weighted quantity index of intermediate input, and el and e2 are the average current-dollar shares of gross output accounted for by intermediate inputs and value added. Use of this relationship provides a close approximation to a benchmark-years-weighted quantity index. peripheral equipment—the use of fixed 1987 price weights for the gross product by industry series will not adequately portray the course of manufacturing in the late 1970*5 or early 1980*8. Likewise, use of fixed 1977 or fixed 1982 price weights will not adequately portray manufacturing in the late 1980*5. The benchmark-yearsweighted index, which allows for change in the relative price structure, will present a more accurate picture. Exhibit i shows the differences in growth rates for manufacturing that result from the use of prices of either 1977, 1982, or 1987 as fixed weights in calculating an index of real manufacturing gross product. The exhibit also shows the growth rates that result from the use of benchmark-year prices as weights. The index based on 1982 price weights essentially corresponds to the 1982 dollar series released in April 1991, before the comprehensive revision of the NIPA'S (it incorporates small revisions that have little effect on the growth rates). The other three indexes are calculated from the same price and quantity information as used for the 1982 dollar series. When the gross product by industry indexes are revised, the growth rates may differ from those in the exhibit; however, the pattern of differences in growth rates will remain about the same. The lack of additiviry of the benchmark-years-weighted quantity index may present a problem to some users of the gross product by industry series. Within the framework of the benchmark-yearsweighted quantity indexes, it may not be possible to calculate, in an exact sense, a time series for manufacturing as a share of total output. However, by comparing the growth rates of manufacturing with those of total GDP, it will be possible to determine whether manufacturing gross product increased more or less rapidly than total GDP. Chain-type annual-weighted quantity index.—For this alternative, a Fisher Ideal quantity index is used to calculate the change from year t — 1 to year t. Thus, the annual change is provided by the geometric mean of the year t values of two fixed-weighted quantity indexes, one of which uses prices of year t - I as weights and the other, prices of year t as weights. Annual changes computed in this manner are "chained" (multiplied) together to form a time series. Benchmark-years-weighted quantity index.—For this alternative, the Fisher Ideal index formula is adapted to use weights from two adjacent benchmark years, which are customarily 5 years apart. For each pair of adjacent benchmark years and the interval between them, two fixed-weighted quantity indexes are computed: One with the prices of the first benchmark year as weights, and the other with the prices of the second benchmark year. The geometric mean of these indexes is the benchmark-years-weighted quantity index. Cumulation of the annual changes in the benchmark-years-weighted index is equal to the Fisher Ideal change calculated directly from one benchmark to the next. Benchmark years are used as weighting periods because, for components of GDP that incorporate information from the quinquennial economic censuses, the benchmark-year price and quantity estimates are considered to be more accurate than those for other years. For 1982-87, the benchmark-years-weighted quantity index is the geometric mean of the fixedweighted quantity index that uses 1987 prices as weights and the fixed-weighted quantity index that uses 1982 prices as weights. (Except for statistical and definitional revisions, this latter index corresponds to the fixed-weighted GDP measure used before the comprehensive revision in 1991.) For years beyond the most recent benchmark year, the benchmark-years-weighted quantity index is calculated as the geometric mean of the fixed-weighted quantity index that uses prices of the most recent benchmark year and the fixedweighted quantity index that uses prices of the SURVEY OF CURRENT BUSINESS most recent year. Thus, at present, for years beyond 1987, the index is calculated with 1987 and 1990 prices. Following the annual NIPA revision, the index will be recalculated using 1987 and 1991 prices. When prices for the next benchmark year, 1992, become available, the index will be recalculated using prices of the two benchmark years. Considerations in selecting an appropriate index A difference between two measures of real GDP is not evidence that one is wrong. A measure of real GDP is not composed of actual transactions that can, at least in principle, be added up from information obtained from transactors to obtain a single, correct total. A measure of real GDP is a construct in which transactions are valued by the compiler in terms of prices chosen, at least in part, arbitrarily. The worth of such a measure lies in whether or not it proves useful in analysis. Viewed in this way, there can be more than one useful measure. The fixed-weighted quantity index has the advantage of simplicity. This simplicity is the result of three characteristics. First, the index formula itself is simple. Second, when the fixed-weight formula is applied to a fixed base year, it is possible to compare any two, or in fact any number of, periods on a consistent basis. Third, the index may be stated in terms of real dollars (by using only the numerator of the formula), making it possible to "add up" the components of real output and to compute "real dollar shares" of GDP for each component. The disadvantage of a fixed-weighted quantity index lies in the fact that the relative price structure in the economy changes over time. For most purposes, a fixed-weighted quantity index can only be considered appropriate for comparisons in which both of the years being compared have relative price structures that are approximately the same as that of the base year. Thus, real GDP in 1987 prices may only be appropriate for assessing the performance of the economy in the years around 1987, when the relative price structure resembled that in 1987. Whether the fixed-weighted index remains adequate for assessing the U.S. economy in the mid-i99o's will depend on the extent to which the relative price structure changes. The two alternatives introduced in this article, as well as the rebased fixed-weighted measure to be introduced in 1993, will provide a basis for monitoring such changes; in the mid-i99o's, each of them will re- flect more recent price weights than the featured measure. The two alternatives are designed to allow for change over time in the relative price structure of GDP. The annual chain-type index measures the performance of the economy from one year to the next in terms of the price structures of the 2 years involved in the comparison. The benchmarkyears index measures the performance of the economy between benchmark years in a similar fashion. The alternatives have the advantage that they portray as accurately as possible, that is, as accurately as any other indexes that could be calculated, the year-to-year or benchmarkto-benchmark changes in the economy over the entire period covered by the indexes. The disadvantage of these alternatives is that, because of the use of geometric means, they lack the additive property of the fixed-weighted index. Real GDP cannot be obtained by "adding up" its components; consequently, the contribution of each component to a given change in real GDP is not readily apparent. One of the most interesting uses of the alternatives will be in business cycle analysis. One would expect that more useful analytical relationships will emerge from using the alternatives for such analyses; for example, one may find a closer correspondence between declines in the alternative measures of real GDP and declines in employment. In selecting an index, it is useful to keep in mind that the estimates of the change in real GDP are subject to several types of error. Particularly for current quarter-to-quarter changes, the net effect of such errors may be as large as, or larger than, differences arising from the use of one or another of the index formulas. Index numbers in practice.—Other major indexes prepared by U.S. statistical agencies, such as the Bureau of Labor Statistics consumer price index and the Federal Reserve Board industrial production index, do not maintain the same fixed-weighted structure over all years. For example, in the consumer price index, the composition of the market basket is changed periodically. Although the index number formulas are not the same, the approaches to weighting taken in these other indexes tend to resemble that in the benchmark-years-weighted index; In measuring real GDP, few countries follow the U.S. practice of using the Laspeyres index formula with the same fixed-weighted structure over all years. Among the countries surveyed for this article, Japan is the only one that essen- April 1992 • 35 36 • April 1992 SURVEY OF CURRENT BUSINESS tially follows the U.S. practice. Australia, Canada, Germany, and the United Kingdom update price weights at about 5-year intervals. Real GDP is calculated for the 5-year interval using the Laspeyres index formula. The series is then extended back by linking on the data for previous years that incorporate earlier price weights. The Netherlands and Norway calculate an annual chain index of real GDP using annual price weights and the Laspeyres index formula; Canada provides such a measure as an alternative. France prepares two measures: In one, the price weights are updated at 10-year intervals; the other is an annual chain index. Thus, with the exception of Japan, the surveyed countries use a chain-type procedure with the Laspeyres index formula, updating weights at 5or lo-year intervals or annually. A characteristic of such procedures, as mentioned earlier, is that additivity is not maintained over all periods— that is, the components do not add to the total as in the U.S. measure. In order to provide additive results, some countries that link at 5- or lo-year intervals adjust either the total or the components for the earlier periods; other countries include an adjusting entry so that the components add to the total. Some of the countries do not provide additive results. gain such experience before considering whether another measure should be featured. Third, BEA cannot currently prepare the alternative measures on the same schedule as the fixed-weighted measures. The computations underlying the alternatives, which are described later in the article, are substantial. Initially, BEA will calculate the alternative measures for the preliminary and final GDP estimates of the current quarter and present them in the SURVEY OF CURRENT BUSINESS; eventually, BEA probably will be able to prepare them for the advance GDP estimates and also to prepare them on a schedule that permits their inclusion in the news releases. As the previous paragraphs suggest, experience with the alternatives may lead to a decision to feature a different measure of real GDP in the next comprehensive revision. That measure could be one of the alternatives presented in this article or a different measure. BEA expects to do further research on the selection of weights for measuring real GDP. Both the use of quarterly price weights in the chain-type index and the use of business cycle peak years in place of benchmark years as weights will be explored. Why does BEA feature the fixed-weighted index? For 1959—87, the alternative indexes of real GDP show somewhat more rapid growth than the fixed-weighted index (chart i and table A). Both alternatives increase at an average annual rate of 3.4 percent, compared with 3.1 percent in the fixed-weighted index. For intervals between benchmark years, the largest differences occur in 1963-67, when the chain-type annual-weighted index increases an average 0.4 percentage point per year more than the fixed-weighted index, and the benchmark-years-weighted index increases 0.5 percentage point per year more. The smallest differences occur in 1982-87, when both alterna- The choice between the fixed-weighted measure and the alternative measures may be viewed as a choice between simplicity and accuracy as one moves away from the base period, with the extent of the gain in accuracy depending on the degree of change in the relative price structure as one moves away from the base year. Given this choice, one may ask why BEA continues to feature the fixed-weighted index. Several practical considerations entered into the decision. First, users of the NIPA'S have a substantial investment in the fixed-weighted measure in terms of knowledge and experience. Although users may come to prefer another measure, it seems best for any such change to be evolutionary. Second, the differences between the featured and alternative measures may not be large enough to affect many types of analysis. Consistent use of one measure may very well lead to the same analytical results as consistent use of another measure. If experience shows that the differences are generally insignificant, the simplicity of the fixed-weighted index would constitute a strong argument for its retention as the featured measure. It seems best for both users and BEA to Comparison of real GDP measures Table A.-Fixed-Weighted and Alternative Measures of Real GDP: Average Annual Rate of Change Over Selected Periods [Percent] BenchRxedChainweighted type anmarkCol. 2index, nualyearscol. 1 1987 weighted weighted index index weights 1959-87 195&-63 1963-67 1967-72 1972-77 1977-82 1982-87 1987-90 3.1 3.5 49 3.0 2.6 13 3.8 2.5 3.4 3.8 53 3.3 2.9 16 4.0 2.5 3.4 3.8 54 3.3 2.9 17 4.0 2.4 0.3 .3 4 .3 .3 3 .2 0 Col. 3col. 1 0.3 .3 5 .3 .3 4 .2 -.1 Col. 3col. 2 0 0 0 0 1 1 0 -.1 SURVEY OF CURRENT BUSINESS tives increase 0.2 percentage point per year more than the fixed-weighted index. April 1992 • 37 (0.9), 1965 (0.8), 1966 (0.7), 1977 (0.7), and 1981 (0.9). For 1987-90, the benchmark-years-weighted index increases slightly less than the fixedweighted index. The benchmark-years-weighted index increases at an average annual rate of 24 percent; both the fixed-weighted and the chain-type annual-weighted indexes increase 2,5 percent. On an annual basis, the differences are no larger than o.i percentage point. For the major components of real GDP, the alternative indexes in general also show more rapid On an annual basis, the differences between the changes in the fixed-weighted GDP index and the alternatives range up to i.o percentage point (see table i at the end of the article). The largest differences between the fixed-weighted index and the chain-type annual-weighted index occur in 1962 (0.9 percentage point), 1965 (0.9), 1973 (0.7), 1981 (0.7), and 1984 (0.8). The largest differences between the fixed-weighted index and the benchmark-years-weighted index occur in 1962 Table B.—Fixed-Weighted and Alternative Measures of Real GDP and Its Major Components: Average Annual Rates of Change Over Selected Periods [Percent] 1959-87 1982-87 1987-90 1987-88 1988-S9 1989-90 1959-87 1982-87 1987-90 1987-88 1988-89 1989-90 Gross domestic product: Rxed 1987 weights Chain-type annual weights, .. Benchmark-years weights .... Personal consumption expenditures: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Durable goods: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Nondurable goods: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Services: Fixed 1987 weights Chain-type annual weiahts Benchmark-years weights Gross private domestic investment: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Fixed investment: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Nonresidential: Fixed 1987 weights Chain-type annual weights .. Benchmark-years weignts .... Structures: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Producers' durable equipment: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Residential: Fiypri 1Qfl7 wpinhtQ Chain-type annual weights .. Benchmark-years weignts .... 3.1 3.4 3.4 3.8 4.0 4.0 2.5 2.5 2.4 3.9 .3.9 3.8 2.5 2.6 2.5 1.0 1.0 1.0 35 40 22 36 19 -1 6 3.6 4.1 2.2 36 19 -19 3.6 4.2 2.2 3.5 1.9 -1.8 46 5.3 5.3 90 9.2 9.3 28 2.7 2.7 62 6.2 6.1 28 2.7 2.8 -4 -.6 -.5 2.4 2.6 2.6 3.0 3.0 3.0 1.3 1.3 1.2 2.4 2.4 2.3 1.4 1.3 1.3 .1 .1 .1 4.0 3.6 2.7 3.7 2.0 2.3 4.0 4.0 3.7 3.7 2.7 2.7 3.7 3.7 2.0 2.0 2.3 2.3 34 67 -2 32 20 -57 4.1 4.3 6.9 7.0 -.2 -.3 3.0 3.1 2.5 2.1 -5.9 -5.8 34 53 10 42 4 4.0 4.4 5.4 5.6 .8 .8 4.2 4.1 .3 .3 -1 6 -1.9 -1.8 4.0 4.8 2.8 3.0 3.3 3.1 6.6 6.6 2.2 2.0 1.2 .8 5.2 3.3 3.1 6.5 2.0 1.0 3.0 -1.1 1.3 1.6 2.0 .3 3.0 3.0 1.6 -1.7 1.2 1.2 1.6 1.6 1.8 1.9 .2 .2 4.7 5.3 4.3 9.3 2.3 1.6 5.9 6.5 6.0 6.5 4.1 4.1 9.3 9.2 2.1 2.0 1.1 1.3 23 2.4 2.4 127 12.6 12.7 —46 -4.6 -4.6 •j •) -1.2 -1.1 38 -3.8 -3.8 87 -8.8 -8.7 Change in business inventories . Imports: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Merchandise: Rxed 1987 weights Chain-type annual weights .. Benchmark-years weights .... Services: Rxed 1987 weights Chain-type annual weights .. Benchmark-years weights .... 5.9 6.1 6.3 4.2 4.5 4.7 11.6 11.3 11.4 15.9 15.7 15.6 11.3 11.2 11.2 7.7 7.3 7.5 5.5 5.9 6.1 3.4 3.9 4.2 12.7 12.4 12.5 19.3 19.0 19.0 11.8 11.7 11.8 7.4 6.9 7.1 7.0 6.9 6.1 6.0 6.1 8.6 8.7 7.5 7.6 9.8 9.8 8.7 7.6 9.8 8.6 8.6 8.6 3.2 v 2.9 3.0 3.7 3.5 3.6 3.7 3.3 3.4 2.2 2.0 2.1 34 3.1 3.2 40 3.8 4.0 44 4.0 4.1 18 1.6 1.6 7.1 6.1 5.9 6.1 10.8 10.4 10.9 71 6.6 6.8 10.9 11.4 113 3.5 4.0 4.1 8.6 8.5 8.6 2.2 2.1 2.1 2.2 2.1 2.1 .2 .1 .2 4.2 4.0 4.1 22 4.0 AO 4.2 4.2 1.8 .6 1.5 3.2 *J n i\ 3.£ 1.7 .5 1.5 3.2 4.7 -.4 —.3 -.4 -2.0 -.6 O 4 —2.1 -2.2 -.6 1.6 1.0 1.5 57 6.0 6.0 -12 -17 -1.3 -1.4 -1.8 -1.9 19 1.9 1.7 24 2.8 2.5 3.1 3.2 3.2 3.5 3.6 3.6 3.4 3.4 3.4 Rnal sales of gross domestic product: Rxed 1987 weights Chain-type annual weights Benchmark-years weights 3.1 3.4 3.4 3.6 3.8 3.8 2.5 2.5 2.5 Gross domestic purchases: Fixed 1987 weights Chain-type annual weights Benchmark-years weights 3.1 3.4 3.4 Gross national product: Fixed 1987 weights Chain-type annual weights Benchmark-years weights 3.1 3.4 3.4 Government purchases: Rxed 1987 weights Chain-type annual weiahts Benchmark-years weignts Federal: Fixed 1987 weights n /j 2.3 2.3 1.3 1.5 1.5 1 C Benchmark-years weights National defense: Rxed 1987 weights Chain-type annual weights .. Benchmark-years weights .... Nondefense: Rxed 1987 weights Chain-type annual weights .. Benchmark-years weights .... C f\ 5.0 4.9 4 4 O 1.0 O 4 -2.2 -2.3 -2.3 C .2 .1 .1 4.6 6.1 5.0 5.5 5.7 5.6 2.6 2.6 2.6 3.1 3.1 3.1 4.4 4.4 4.4 4.1 4.1 4.0 2.2 2.3 2.2 1.7 1.6 1.6 -2.8 -3.2 -3.0 Qtato anrl frtral* Fixed 1987 weights Chain-type annual weiahts Benchmark-years weignts Addenda: I Net exports of goods and services Exports: Rxed 1987 weights Chain-type annual weights Benchmark-years weights Merchandise: Rxed 1987 weights Chain-type annual weights .. Benchmark-years weights .... Services: Rxed 1987 weights Chain-type annual weights .. Benchmark-years weights .... •1 O 1.0 n A 3.0 1 1.9O. 4.0 1.8 1.7 2.9 2.9 1.9 1.8 .5 .5 3.7 3.8 3.8 2.5 2.5 2.5 4.0 4.0 3.9 2.4 2.5 2.4 1.1 1.1 1.1 n n 3.0 4.0 38 • April 1992 SURVEY OF CURRENT BUSINESS growth before 1987 than their fixed-weighted counterparts (table B). For personal consumption expenditures and for government purchases, the alternative indexes increase an average o.i percentage point per year more than the fixedweighted index. For exports, the differential for the chain-type annual-weighted index is 0.2 percentage point per year and for the benchmark-years-weighted index, 0.4 percentage point. For imports, the differential for the chaintype annual-weighted index is -0.2 percentage point per year. The differentials for fixed investment (as well as for gross private domestic investment) are much larger than those for the other major components: 0.6 percentage point per year for the chain-type annual-weighted index, and i.o percentage point per year for the benchmarkyears-weighted index. Thus, the alternative measures, particularly the benchmark-years-weighted index, show a higher rate of gross capital formation relative to output than do the fixed-weighted indexes. In terms of the fixed-weighted indexes, fixed investment increases at an average annual rate of 3.4 percent from 1959 to 1987, while GDP increases at a rate of 3.1 percent. In terms of the benchmark-years-weighted indexes, fixed investment increases at an annual rate of 4.4 percent, while GDP increases at a rate of 3.4 percent. An analysis of the sources of the differences between the fixed-weighted indexes and the alter- natives requires further work. It is clear, however, that changes in the prices and quantities of computers and peripheral equipment are the major source of the differences for total GDP, fixed investment, and exports. In addition to changes in the prices and quantities of computers, the differentials for imports reflect changes in the prices and quantities of imported petroleum. Imported petroleum behaved atypically during 1959-87 in that both quantities and relative prices increased; this behavior worked to offset the contribution of computers and peripheral equipment. GDP Price Measures The featured measure of GDP prices is the fixedweighted GDP price index with 1987 quantity weights.7 The fixed-weighted GDP price index, like the fixed-weighted measure of real GDP, has the property that, when weights of a more recent year are substituted and the index recalculated, the index increases less than when the weights for an earlier year are used. For the reasons discussed earlier, this property exists because the commodities with strong (weak) price increases receive less 7. As part of the 1991 comprehensive revision, the fixed-weighted gross domestic purchases price index with 1987 quantity weights replaced the fixedweighted GNP price index with 1982 quantity weights as the featured measure of price change in the U.S. economy. This section focuses on measures of GDP prices in order to provide a parallel discussion with the section on real GDP. The fixed-weighted and alternative price indexes for gross domestic purchases are shown as addenda to the tables in this article. Real Gross Domestic Product: Average Annual Rate of Change in Fixed-Weighted and Alternative Measures Over Selected Periods Percent | Fixed 1987 weights | Chain-type annual weights Benchmark-year weights 1959-63 1963-07 1067-72 U.S. Department of Commerce, Bureau iff Economic Ariaiysis 1972-77 1977-82 1982-87 - 1907-90 SURVEY OF CURRENT BUSINESS (more) weight, thus lowering the increase in the aggregate measure. Two alternative measures of GDP prices are introduced in this article. They involve the use of the Fisher Ideal index formula and are analogues to the two alternative quantity measures discussed earlier; that is, the pys and qys are simply reversed in the index formulas. One alternative is referred to as the chain-type annual-weighted price index; the other, as the benchmark-yearsweighted price index. (The alternative price indexes are presented in table 3 at the end of this article.) One property of price and quantity indexes calculated with the Fisher Ideal index formula is that they fully account for the current-dollar change; that is, the product of the price change and the quantity change equals the current-dollar change. The featured Laspeyres fixed-weighted-price index and Laspeyres fixed-weighted quantity index do not have this property. This full accounting of the current-dollar change applies to annual changes in the chain-type annual-weighted index and to changes between adjacent benchmarks in the benchmark-years-weighted index.8 The fixed-weighted price indexes for several components of GDP—producers' durable equipment (PDE), exports, and imports—and for total GDP and the investment aggregates will not be shown in the NIPA tables for years before 1982, because the use of the relative quantity structure in 1987 to measure price change for those years is inappropriate. Before 1982, the combination of the high level and very rapid decline of the price index for computers and the large 1987 quantity weight for computers results in either very small April 1992 • 39 overall price increases or price declines for these components and for total GDP.9 The affected entries are bold-italicized in the tables in this article; these bold-italicized entries should not be used as measures of price change. Comparison of GDP price measures The differences between the fixed-weighted GDP price index and the two alternative price indexes average 0.2 percentage point per year or less for 1982-87 and for 1987-90, the two periods shown in table C for which use of the fixed-weighted price index is appropriate. For 1982-87, the fixedweighted GDP price index increases at an average annual rate of 3.3 percent, while the chain-type annual-weighted index increases at a 34-percent rate and the benchmark-years-weighted index, at a 3.5-percent rate. For 1987-90, the fixedweighted and benchmark-years-weighted indexes increase at a 4.2-percent rate, compared with a 4.i-percent rate for the chain-type annualweighted index. On an annual basis, the differences are no larger than 0.3 percentage point during 1982-87 and o.i percentage point during 1987-90 (see table i at the end of the article). For 1959-87, the alternative price indexes grow more rapidly than the fixed-weighted indexes for personal consumption expenditures (PCE) and government purchases (table D). For PCE, the chain-type annual-weighted index increases at an average annual rate of 4.7 percent, the benchmark-years-weighted index at a 4.6-percent rate, and the fixed-weighted index at a 4.3-percent rate. For government purchases, the chain- 9. The fixed-weighted GNP price index published prior to the comprehensive revision of 1991 was not affected to the same extent, because the computer price index for PDE was carried back only to 1969 and was held \/Pl X PPt where Pl is the Laspeyres price index and Pp the Paasche price index. For thefirstperiod, P^ = P^ = ^ pi qi / ^ p\ qi = at a constant level in earlier years. In the 1991 comprehensive revision, the computer price index for PDE was extended back to 1959. In addition, the 1.0, and P/ = 1.0. For the second period, relative quantity of computers increased greatly from 1982 to 1987. 8. Using the notation in footnote 6, the Fisher Ideal price index is Pf = Table C.—Fixed-Weighted and Alternative Measures of GDP Prices: Average Annual Rate of Change Over Selected Periods [Percent] Chain- BenchFixedweighted type an- markindex, nualyears1987 weighted weighted index weights index p/ = The current-dollar change from period i to period 2 expressed as a ratio is ] P2<?2/ Y^ Pi 91 and is equal to the product of the Fisher Ideal price I quantity indexes: 1959-87 1959-63 1963-67 1967-72 1972-77 1977-82 1982-87 1987-90 -5.3 -22.3 -22.8 -2.0 3.5 5.8 .... 33 42 47 1.3 2.3 47 7.2 8.1 3.4 4.1 46 1.3 2.3 47 7.2 7.9 35 42 Col. 2col. 1 1 -1 Col. 3col. 1 .2 0 Col. 3col. 2 -1 0 0 0 0 -.2 .1 .1 NOTE.—Bold-italicized entries should not be used as measures of price change. See the text for an explanation. 4O • April 1992 SURVEY OF CURRENT BUSINESS type index increases at a 5.6-percent rate, the benchmark-years index at a 5.7-percent rate, and the fixed-weighted index at a 5.i-percent rate. Because use of the fixed-weighted price index for GDP for periods before 1982 is not appropriate, it is of interest to compare the alternative GDP price indexes with the fixedweighted GNP price index calculated with 1982 quantity weights that was published before the comprehensive revision. As shown in the following tabulation, the previously published fixedweighted GNP price index increases more slowly than the benchmark-years-weighted GDP price in- dex over each benchmark interval from 1959 to 1977. Most of the difference is due to the different approaches to weighting and not to revised source data. Benchmark-years weights, GDP prices Difference 1O i^ —o ^ 1 Q 23 — 4 1967—72 3-6 — 1.1 1972—77 6.2 1977—82 70 4-7 7.2 79 Fixed 1982 weights, GNP prices 1QCQ—6^ lQ6^—67 . . . — l.O o Table D.—Fixed-Weighted and Alternative Measures of GDP Prices and Its Major Components: Average Annual Rates of Change Over Selected Periods [Percent] 1959-87 1982-87 1987-90 1987-88 1988-89 198&-90 Gross domestic product: Fixed 1987 weights Chain-type annual weights .. Benchmark-years weights .... 4.7 4.6 3.3 3.4 3.5 4.2 4.1 4.2 3.9 3.9 3.9 4.4 4.3 4.3 4.4 4.2 4.3 Pivori 1Qft7 woinhtc A q qp A ft AQ A 0 oq Chain-type annual weights Benchmark-years weights 4.7 4.6 3.9 3.9 4.7 4.7 4.2 4.2 4.8 4.8 2.1 2.2 2.2 2.9 2.9 1.6 1.9 1.9 2.2 2.1 2.1 2.0 2.0 1.9 2.5 2.4 2.4 2.1 1.9 2.0 42 44 4.4 24 24 2.4 51 51 5.1 38 38 3.8 5.5 54 5.4 6.2 60 6.1 52 5.3 5.3 52 5.4 5.3 52 5.1 5.1 51 5.1 5.1 50 5.0 5.0 54 5.3 5.3 -11.1 43 3.9 9 1.4 1.2 28 2.7 2.7 3.3 3.2 3.1 30 2.8 2.8 2.3 2.1 2.2 -123 3.9 3.4 _•) .7 .4 26 2.5 2.4 28 2.8 2.7 27 2.6 2.6 22 2.0 2.1 52 5.2 5.2 15 .7 .9 38 3.8 3.8 46 4.6 4.5 42 4.2 4.2 2.6 2.7 2.7 -13.6 3.1 2.4 -.8 .7 .3 2.0 1.8 1.7 1.9 1.9 1.7 1.9 1.8 1.7 2.0 1.7 1.8 51 5.2 5.2 32 3.3 3.2 34 3.4 3.4 43 4.2 4.2 34 3.5 3.4 2.4 2.4 2.4 ,1 4.4 4.2 _1 .7 .4 Personal consumption expenditures: Durable goods* Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Nondurable goods: Fixed 1987 weights Chain-type annual weignts Benchmark-years weignts Services: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Fixed investment: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Nonresidential' Fixed 1987 weights Chain-type annual weignts Benchmark-years weignts -. Structures: Fixed 1987 weights .. . . Chain-type annual weights .. Benchmark-years weignts .... Producers' durable equipment: Fixed 1987 weights Chain-type annual weights .. Benchmark-years weights .... Residential: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Exports: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Merchandise: Fixed 1987 weights Chain-type annual weignts Benchmark-years weignts Services: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts -5.3 Imports: Rxed 1987 weights Chain-type annual weights Benchmark-years weights Merchandise: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Services: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Government purchases: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Federal: Fixed 1987 weights . Chain-type annual weights Benchmark-years weights 1.4 5.6 5.4 -.2 .4 -.1 4.2 4.1 4.1 5.4 5.2 5.1 3.1 3.1 3.0 4.3 4.2 4.2 1.0 5.6 5.4 -.9 _2 -.7 3.8 3.7 3.6 5.1 5.0 4.8 3.1 3.1 3.0 3.1 3.1 3.1 47 5.4 5.3 30 3.2 3.0 62 6.1 6.1 63 6.2 6.1 30 3.0 3.0 9.3 9.3 9.3 5.1 5.6 5.7 3.3 3.4 3.4 4.0 3.9 3.9 3.7 3.6 3.7 4.1 4.0 4.1 4.2 4.0 4.1 46 5.5 5.5 25 2.5 2.6 39 3.7 3.8 2.8 2.7 2.8 4.3 4.0 4.1 4.5 4.3 4.4 22 2.4 24 3.9 3.8 3.8 3.1 3.0 3.0 4.1 3.9 3.9 4.6 4.4 4.4 34 3.1 3.2 37 3.4 3.8 20 1.7 2.5 4.8 4.6 4.8 4.3 4.0 4.1 4.0 4.1 4.1 4.1 4.1 4.1 4.3 4.3 4.3 4.0 4.0 4.0 3.9 3.9 3.9 3.3 3.5 3.5 4.2 4.1 4.2 4.0 4.0 4.0 4.4 4.3 4.3 4.4 4.2 4.3 3.3 3.4 35 4.3 4.2 43 3.9 3.9 39 4.4 4.3 44 4.6 4.4 45 33 34 3.5 42 41 4.2 39 39 3.9 4.4 43 4.3 4.4 41 4.2 National defense: Rxed 1987 weights Chain-type annual weights .. Benchmark-years weights . Nondefense: Rxed 1987 weights Chain-type annual weights .. Benchmark-years weights .... State and local Fixed 1987 weights Chain-type annual weights Benchmark-years weights 5.7 5.8 5.8 Addenda: -.8 4.2 4.0 4.6 5.0 4.8 32 3.1 3.0 57 5.5 5.3 23 2.3 2.2 16 1.6 1.6 -.2 -.5 2.9 2.9 2.7 6.5 6.2 6.0 2.1 2.1 2.0 .2 .3 .3 3.2 3.3 3.2 3.8 3.8 3.8 3.6 3.6 3.6 2.7 2.7 2.7 5.0 5.0 5.0 -1.3 NOTE.—Bold-italicized entries should not be used as measures of price change. See the text for an explanation. 1959-87 1982-87 1987-90 1987-S8 1988-89 1989-90 Rnal sales of gross domestic product: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Gross domestic purchases: Fixed 1987 weights Chain-type annual weights Benchmark-years weiohts Gross national product: Fixed 1987 weights Chain-type annual weiohts Benchmark-years weights -5.3 4.7 4.7 -5.3 4.7 46 -5.3 47 4.6 SURVEY OF CURRENT BUSINESS How the Alternative Measures Are Calculated With one exception, the alternative measures of real GDP and of GDP prices are calculated using the same level of detail as used in calculating real GDP in 1987 prices.10 As shown in table E, the number of components increases from 765 in 1959 to 2,678 in 1987. Most of this increase came in producers' durable equipment and change in nonfarm business inventories. For 1990, the number of components falls to 1,088, mainly reflecting drops in these same two components. The drops occur because of a lag in the availability of detailed product and industry data for manufacturing; in the next annual NIPA revision, the number of components used for 1990 will increase to the level used for 1987. For most of the detailed components, a current-dollar estimate and an associated price index are available to compute a quantity measure. For those components for which the quantity measure is obtained by extrapolation, a price measure is computed from the currentand constant-dollar estimates. Most of the detailed price indexes used in the calculations are components of the major price indexes com10. The exception is Federal Government purchases by the Departments of Defense and Veterans Affairs, for which BEA develops very detailed constantdollar estimates from price and quantity information provided by these agencies. This information, which is available beginning in 1972, is aggregated to about 200 components for use in calculating the fixed-weighted price index and alternative measures. Table E.—Number of Detailed Components Used in Calculating Alternative Measures of Real GDP and GDP Prices, Selected Years 1959 Gross domestic product 1972 1977 1987 19901 765 992 2,260 2,678 Personal consumption expenditures Durable goods Nondurable aoods Services 197 32 197 32 200 34 203 34 203 34 63 102 63 102 63 103 63 106 63 106 Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories 346 201 348 221 1,603 455 1,831 683 241 105 201 18 203 20 437 20 665 20 87 20 183 18 127 183 18 127 417 18 1,148 645 18 1,148 67 18 136 Net exports of goods and services Exports Merchandise Services Imports Merchandise Services 51 25 5 83 42 11 91 48 11 278 135 98 278 135 98 20 31 37 37 37 26 5 21 41 13 28 43 13 30 143 113 30 143 113 30 171 364 366 366 366 68 ?fi1 103 191 70 103 261 191 70 105 261 191 70 105 261 191 70 105 Government purchases Federal National defense Nondefense State and local 1,088 1. See the text for an explanation of the drop in component detail for 1990. NOTE.—The level of detail shown in this table is also used in calculating the fixed-weighted GOP price index. April 1992 • 41 piled by the Bureau of Labor Statistics—that is, the consumer price index, the producer price index, and the international price indexes. Exceptions include the price indexes for computers and for national defense purchases, which are prepared by BEA; the construction price indexes, prepared by the Census Bureau and BEA; and agricultural commodity prices, prepared by the Department of Agriculture.11 The prices for government employee compensation are computed from current- and constant-dollar estimates, where the latter are prepared by extrapolating base-year compensation for detailed categories by indexes of employment or hours worked. BEA plans to make available the detailed current-dollar and price-index components used to prepare the alternative measures of real GDP and of GDP prices. Information on the availability of this database will appear in a subsequent issue of the SURVEY. Appendix: A Note on Alternative Measures of Real GDP The effect of different approaches to weighting on the measurement of real GDP can perhaps best be illustrated using a hypothetical two-commodity economy. Exhibit i shows prices, quantities, and current-dollar values—that is, price times quantity—for two commodities (A and B) in years i to 6. An important characteristic of the example is that the price of A grows more than the price of B while the quantity of A grows less than the quantity of B. Fixed weighting.—Using the entries in exhibit i, fixed-weighted measures of real GDP are obtained 11. A summary of the price information used in preparing the constantdollar estimates is provided in table 7 in "The U.S. National Income and Product Accounts: Revised Estimates," SURVEY 70 (July 1990): 30-33. See also the individual methodology papers listed on the inside back cover of this Exhibit 1.—Hypothetical Two-Commodity Economy Ye ar 1 Price (dollars): B 2 Ratio: Year fi 4 3 5 6 to year 1 5 4 6 4 8 5 9 5 11 6 12 6 2.40 1.50 6 5 7 7 7 8 8 10 8 11 7 11 1.17 2.20 30 20 50 42 28 70 56 40 96 72 50 122 88 66 154 84 66 150 2.80 3.30 3.00 Quantity (units): B Value (dollars): B Total SURVEY OF CURRENT BUSINESS 42 • April 1992 by multiplying quantities in each year by prices in a designated base period. Thus, with year i as the base period, real GDP in year i is (5x6)+(4x5) = 50; in year 2, (5 x 7) + (4 x 7) = 63; and so on. Likewise, with year 2 as the base period, real GDP in year i is (6 x 6) + (4 x 5) = 56; in year 2, (6 x 7) + (4 x 7) = 70; and so on. Similarly, real GDP can be calculated using the other years as the base period.12 Thus, in principle there are as many measures of fixed-weighted real GDP as there are years that could be used as the base period. Exhibit 2 shows a matrix of real GDP measures calculated from exhibit i, using each of the 6 years as the base period. The first six rows in the exhibit show real GDP in dollars; the next six rows show real GDP as indexes with the base period set equal to 100.0; the last six rows show period-to-period growth rates in the measures.13 In the exhibits, years i, 3, and 5 are designated as benchmark years. Thus, the index of real GDP based on prices in year 5, the most recent benchmark year, corresponds to the fixed-weighted measure that is featured in practice. In this example, selecting a later year as the base period produces a lower growth rate than selecting an earlier year because of the characteristic mentioned earlier—that the price of commodity A grows more than the price of commodity B, while the quantity of A grows less than the quantity of B. Therefore, commod12. Because quantity data are not available for most components of real GDP, real GDP is obtained by deflating current-dollar values by price indexes that express the price of each period relative to that of the base period. This procedure yields results identical to those obtained directly from prices and quantities. For example, using prices and quantities directly with year i as the base year, commodity A in real terms in year 2 is (5 X 7) = 35. The identical result is obtained by deflating the current-dollar value of 42 for commodity A in year 2 by the price index with year i as the base year for commodity A in year 2. The price index is (6 -r 5) = 1.20. Thus, commodity A in real terms is (42 -r 1.20) = 35. Algebraically, these two procedures can be shown to be identical as follows: Using prices and quantities directly, real GDP is ^J Po<?t> where Po is the price in the base period and qt is the quantity in year t. Deflating current-dollar values, the fixed-weigh ted measure of real GDP is 2^ (PtQt/(pt/po)) = y^Po9t- Real GDP may also be expressed as a weighted sum of quantity relatives (indexes) scaled by the base-year value of GDP; that is, Poqo = ity A receives more weight (and commodity B less) when a later year is the base period. It is true generally that a later base period produces lower growth in real GDP because fast-growing quantities tend to be associated with relatively slow-growing prices and slow-growing quantities with relatively fast-growing prices. Over long timespans, such inverse relationships in the growth of prices and quantities tend to be the rule. One explanation for such relationships is that as changes in technology or in market structure lower some relative prices and raise others, buyers respond by demanding relatively more of the low-priced goods and relatively less of the high-priced ones and that these responses outweigh any contrary effects arising from changes in taste or in income levels. Chain-type annual weighting.—In this alternative, the Fisher Ideal index formula is used to calculate the annual change in real GDP. The Fisher Ideal index is the geometric mean of a Laspeyres and a Paasche index. In terms of the example, the year 2 value of the fixed-weighted measure based on prices in year i is a Laspeyres quantity index, while the year 2 value of the fixedweighted measure based on prices in year 2 is a Paasche quantity index. The year 2 values of these indexes (in terms of percent changes) may be taken from the bottom panel of exhibit 2. The geometric mean of these two indexes is the Fisher Ideal index for year 2; that is, the Fisher Exhibit 2.-Fixed-Weighted Measures of Real GDP Year 1 2 4 3 5 6 Ratio: Year 6 to year Real GDP in dollars, based on prices in year: 1 2 3 4 5 6 50 56 73 79 96 102 / jppqt, where V^ n 63 70 91 98 119 126 67 74 96 10 125 132 80 88 114 122 148 156 84 92 119 127 154 162 79 86 111 118 143 150 1.580 1.536 1.521 1.494 1.490 1.471 Indexes of real GDP, based on prices in year: PoQo is the share of current-dollar output in the base year accounted for by the commodity, and ^J Po<lo is the base-year value of GDP. 13. As shown in footnote 12, the fixed-weighted measure of real GDP in year t is 2_Jpo<?t» where p0 is the price in base year o, and qt is the quantity in year t. The growth rate in this measure from year t — 1 to year t is 100 -1.0 1 2 3 4 5 6 100.0 80.0 76.0 64.8 62.3 68.0 126.0 100.0 94.8 80.3 77.3 84.0 134.0 105.7 100.0 84.4 81.2 88.0 160.0 125.7 118.8 100.0 96.1 104.0 168.0 131.4 124.0 104.1 100.0 108.0 158.0 122.9 115.6 96.7 92.9 100.0 1.580 1.536 1.521 1.494 1.490 1.471 Percent change in real GDP, based on prices in year: 1 2 3 4 . . 5 6 26.0 25.0 24.7 24.1 24.0 23.5 6.3 5.7 5.5 5.1 5.0 4.8 19.4 18.9 18.8 18.4 18.4 18.2 5.0 4.5 4.4 4.1 4.1 3.8 -6.0 -6.5 -6.7 -7.1 -7.1 -7.4 SURVEY OF CURRENT BUSINESS Ideal index is >/1.260 x 1.250 = 1.255, and the growth rate from year i to year 2 is 25.5 percent. Similarly, the Fisher Ideal index for year 3 is >/1.057 x 1.055 = 1.056, and the growth rate is 5.6 percent. Thus, the growth rates in the chaintype annual-weighted index are computed from pairs of year-to-year changes (expressed as ratios) in the fixed-weighted quantity indexes moving diagonally down and across the bottom panel of exhibit 2. These growth rates are entered in the top panel of exhibit 3 and are chained together to provide the chain-type annual-weighted index (with year 5=100) in the bottom panel.14 Benchmark-years weighting.—In this alternative, the geometric means of the two fixed-weighted quantity indexes based on prices in adjacent benchmark years are used to calculate the annual change in real GDP. In the example, years i and 3 form the first pair of adjacent benchmark years, and the fixed-weighted quantity indexes used to calculate the growth rates in real GDP from year i to year 3 are based on prices in years i and 3. The growth rate from year i to year 2 is given by the 14. The chain-type annual-weighted measure of real GDP growth from year t — 1 to year t is 100 Exhibit 3.—Alternative Measures of Real GDP Compared With Fixed-Weighted Measures Based on Prices in Years Year 1 2 3 4 5 6 Ratio: Year 6 to year 1 Percent change in real GDP, based on: Chain-type annual weightsJ Benchmark-years weights Fixed weights, year 5 prices .... 25.5 25 24.0 5.6 5.9 5.0 18.6 18.6 18.4 4.1 4.3 4.1 -7.3 -7.3 -7.1 Indexes of real GDP (year 5 = 100), based on: Chain-type annual weights Benchmark-years weightsl Fixed weights, year 5 prices .... 61.1 60.9 62.3 1. Years 1, 3, and 5 are benchmark years. 76.7 76.3 77.3 81.0 80.8 81.2 96.1 95.9 96.1 100.0 100.0 100.0 92.7 92.7 92.9 1.517 1.522 1.490 April 1992 • 43 geometric mean of the year 2 values of the two fixed-weighted indexes. These values (in terms of percent changes) may be taken from the bottom panel of exhibit 2. For year 2, the index value is Vl.260 x 1.247 = 1.253, and the growth rate is 25.3 percent. Similarly, the geometric mean for year 3 is >/1.063 x 1.055 = 1.059, and the growth rate is 5.9 percent. The cumulated change from year i to year 3 of 32.7 percent is identical to the growth rate calculated with the Fisher Ideal index directly from year i to year 3—that is, Vl-340 X 1.315 = 1.327 (where 134.0-=-100.0 = 1.340, and 100.0 -f 76.0 = 1.315).15 Beyond the most recent benchmark year, only one set of benchmark weights is available, but the index formula requires two. Therefore, the most recently available year is used as if it were the next benchmark year. In the exhibit, this procedure provides the same annual change for year 6 as in the chain-type annual-weighted index. Once data for year 7 become available, the annual change for year 6 in the benchmark-years-weighted index would be recalculated. The growth rates for the benchmark-yearsweighted index are entered in the top panel of exhibit 3 and chained together to provide? £n index in the bottom panel. For comparison, exhibit 3 also shows the fixed-weighted quantity index based on prices in year 5, the most recent benchmark year. Tables i through 3 follow. H 15. The benchmark-years-weighted measure of real GDP growth from year t — 1 to year t is 100 _1>0where a and 6 are benchmark years and t = a-f-l 5 £i-|-2,...,6. The cumulation of the benchmark-years-weighted index values for the years between a and 6 is equal to the Fisher Ideal index value calculated directly from year a to year 6: SURVEY OF CURRENT BUSINESS 44 • April 1992 Table 1.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product, Percent Change from Preceding Period [Percent] Final sales of domestic product GDP Index and year Chain-type annualweighted index Fixedweighted index Benchmarkyearsweighted index Chain-type annualweighted index Fixedweighted index GNP Gross domestic purchases Benchmarkyearsweighted index Benchmarkyearsweighted index Chain-type annualweighted index Fixedweighted index Chain-type annualweighted index Fixedweighted index Benchmarkyearsweighted index Quantity indexes 1960 1961 1962 1963 1964 2.2 2.7 5.2 4.1 5.6 2.3 2.4 6.1 4.3 6.0 2.3 2.4 6.1 4.4 5.9 2.5 2.7 4.8 4.1 5.7 2.6 2.5 5.5 4.4 6.1 2.5 2.5 5.5 4.5 6.1 1.4 2.6 5.4 3.9 5.3 1.5 2.3 6.4 4.1 5.6 1.5 2.3 6.4 4.2 5.5 2.2 2.7 5.2 4.1 5.7 2.4 2.4 6.1 4.3 6.0 2.4 2.4 6.2 4.4 6.0 1965 1966 1967 1968 1969 5.5 5.9 2.6 4.2 2.7 6.4 6.5 2.5 4.6 3.1 6.3 6.6 2.7 4.5 3.0 5.2 5.5 3.0 4.4 2.7 5.7 6.0 3.0 4.9 3.1 5.7 6.1 3.2 4.8 3.0 5.9 6.4 2.8 4.6 2.8 6.8 6.9 2.8 5.0 3.1 6.7 6.9 2.9 4.9 3.1 5.5 5.8 2.6 4.2 2.7 6.4 6.4 2.5 4.6 3.0 6.3 6.4 2.7 4.5 3.0 1970 . 1971 1972 1973 1974 0 2.9 5.1 5.2 -.6 0 3.4 5.5 5.9 -.6 0 3.4 5.7 5.7 -.6 .7 2.3 5.1 4.7 -.4 .8 2.8 5.4 5.3 -.3 .7 2.8 5.6 5.1 -.2 -.2 3.2 5.4 4.4 -.3 3.6 5.6 4.9 -.3 3.7 5.9 4.9 -1.5 -1.5 -1.5 0 2.9 5.1 5.4 -.5 0 3.4 5.5 6.1 -.5 0 3.5 5.7 5.9 -.4 1975 1976 1977 1978 1979 -.8 4.9 4.5 4.8 2.5 -.7 5.3 4.9 5.3 2.8 -.9 5.5 5.2 5.2 2.8 .6 3.7 4.3 4.8 3.2 .7 3.9 4.5 5.2 3.5 .6 4.1 4.8 5.2 3.6 -1.6 -1.6 -1.7 1980 1981 1982 1983 1984 -.5 1.8 -.2 2.5 0 2.7 0 .9 .6 1.3 -1.6 . . 3.9 6.2 3.8 7.0 3.9 6.7 3.3 4.6 3.4 4.9 .8 1.6 -.6 3.4 4.9 1985 1986 1987 1988 1989 3.2 2.9 3.1 3.9 2.5 3.2 2.9 3.1 3.9 2.6 3.3 2.9 3.2 3.8 2.5 4.3 3.2 2.7 4.1 2.2 4.5 3.3 2.7 4.1 2.3 1990 1.0 1.0 1.0 1.7 1.5 1.2 1.3 1.2 1.4 -2.2 -2.3 -1.9 -1.1 -1.0 5.9 5.1 4.8 2.0 2.0 -1.4 6.4 5.7 5.2 2.1 -1.9 2.6 -1.6 6.4 5.7 5.1 2.2 -1.6 2.9 -1.2 5.1 4.6 4.8 2.8 -.9 5.5 5.0 5.2 3.1 -.6 1.6 -.2 2.3 -1.1 -2.3 -2.4 -1.1 5.7 5.3 5.1 3.1 0 2.5 -2.0 5.2 7.8 5.2 8.5 5.2 8.3 3.8 6.0 3.7 6.8 3.8 6.5 4.5 3.2 2.9 4.0 2.2 3.6 3.0 2.7 3.0 1.9 3.6 3.1 2.8 2.9 1.9 3.6 3.1 2.9 2.9 1.8 2.9 2.8 3.0 4.0 2.4 3.0 2.7 3.0 4.0 2.5 3.0 2.7 3.1 3.9 2.4 1.6 1.6 .5 .5 .5 1.1 1.1 1.1 1.4 1.1 1.3 1.2 1.3 1.5 1.2 1.4 1.2 1.4 1.5 1.1 1.3 1.2 1.3 1:5 1.1 1.3 1.2 1.5 1.4 1.0 1.2 1.3 1.4 1.5 1.2 1.3 1.2 1.4 1.4 1.1 1.3 1.2 1.3 1.9 2.8 3.2 4.4 4.7 1.9 2.9 3.2 4.3 4.7 1.9 2.9 3.2 4.4 4.7 1.9 2.9 3.3 4.3 4.7 1.8 2.8 3.0 4.4 4.6 1.8 2.8 3.0 4.2 4.6 1.9 2.8 3.2 4.4 4.7 1.9 2.9 3.2 4.3 4.7 1970 1971 1972 1973 1974 5.3 5.0 4.3 5.6 8.8 5.3 5.0 4.5 5.5 8.6 5.4 5.1 4.3 5.6 8.8 5.3 5.1 4.4 5.5 8.6 5.4 5.2 4.5 5.8 5.4 5.1 4.7 5.8 5.3 5.0 4.3 5.6 8.8 5.3 5.0 4.5 5.5 8.6 1975 1976 1977 1978 1979 9.4 5.8 6.4 7.5 8.4 9.4 5.9 65 6.6 8.4 9.4 5.9 6.5 75 as 9.4 5.9 6.6 6.7 8.3 9.5 5.9 6.4 75 8i4 9.4 5.9 6.5 6.6 8.4 1980 1981 1982 1983 1984 3.8 3.3 9.0 9.2 6.3 4.1 3.6 9.2 9.1 6.4 4.1 3.6 9.1 9.2 6.4 4.2 3.6 9.1 9.1 6.5 4.1 3.6 9.2 9.1 6.4 4.1 3.6 1985 1986 1987 1988 1989 3.5 2.7 3.1 3.9 4.3 3.6 2.7 3.1 3.9 4.3 3.6 2.9 3.2 3.9 4.s 3.6 2.8 3.1 4.0 4.3 1990 4.3 4.2 4.3 4.2 Price indexes 1960 1961 1962 1963 1964 1965 . . . 1966 1967 1968 1969 . GDP=Gross domestic product; GNP=Gross national product 3.8 3.3 3.5 2.7 3.0 3.9 4.J 4j 10.0 9.3 5.8 6.8 7.5 8.9 10.1 9.2 5.8 7.0 6.7 8.8 3.3 3.0 9.0 5.8 3.7 3.4 8.9 5.7 3.6 3.4 3.8 3.3 9.0 9.2 6.3 4.1 3.6 3.6 2.9 3.2 4.0 4.1 3.3 2.7 3.4 3.9 4.% 3.4 2.8 3.5 3.9 4.3 3.5 2.9 3.5 3.9 4.4 3.5 2.7 3.1 3.9 4.3 3.6 2.7 3.1 3.9 4.3 3.6 2.9 3.2 3.9 4.3 4.1: 4.5 4.4 4.5 4.3 4.1 4.2 10.5 10.6 SURVEY OF CURRENT BUSINESS April 1992 • 45 Table 2.—Fixed-Weighted and Alternative Quantity Indexes for Gross Domestic Product [Index numbers, 1987=100] Personal consumption expenditures Year GDP Total Durable goods Gross private domestic investment Fixed investment Non- durable goods Government purchases Services Total Total Non- residential Exports Imports Total Residential Federal State and local Rnal Gross sales of domestic purdomestic product chases Gross national product Fixed-weighted index 1959 42.5 38.6 28.3 51.3 33.3 39.6 39.1 33.2 52.2 20.3 18.9 53.9 69.0 42.2 42.4 41.7 42.7 1960 1961 1962 1963 1964 . 43.4 44.6 46.9 48.8 51.6 39.7 40.6 42.4 44.0 46.4 28.6 27.1 29.8 32.3 34.8 52.1 53.2 54.7 55.7 58.2 34.7 36.1 37.9 39.6 42.0 38.8 38.6 42.9 45.8 49.6 39.1 39.0 42.3 45.3 49.3 34.8 34.6 37.2 38.6 43.0 48.6 48.9 53.5 59.9 63.1 24.3 24.7 26.1 28.0 31.7 18.9 18.8 20.8 21.2 22.3 54.1 56.9 59.5 60.8 62.3 67.3 70.2 74.6 74.2 73.2 43.9 46.6 47.7 50.5 53.8 43.5 44.7 46.8 48.7 51.5 42.2 43.3 45.7 47.4 49.9 43.6 44.8 47.2 49.1 51.9 1965 . 1966 1967 1968 1969 . .. 54.4 57.6 59.1 61.6 63.3 49.0 51.6 53.2 55.9 58.0 38.7 41.1 41.4 45.7 47.3 61.0 64.0 65.2 67.9 69.5 44.2 46.4 48.6 51.1 53.6 55.1 58.5 55.9 58.7 61.6 53.6 55.5 54.1 57.6 60.4 50.3 55.6 54.4 56.3 59.5 61.0 55.3 53.4 60.5 62.2 32.4 34.5 35.7 38.5 40.6 24.5 28.3 30.3 35.0 37.3 64.3 70.6 75.8 77.9 77.4 73.3 83.0 91.2 91.7 88.4 57.4 61.0 63.8 67.2 68.8 54.2 57.1 58.9 61.4 63.1 52.9 56.2 57.8 60.5 62.2 54.8 57.9 59.5 62.0 63.6 1970 1971 . 1972 1973 1974 63.3 65.1 68.4 72.0 71.5 59.4 61.4 64.8 67.7 67.3 45.5 49.9 55.8 61.1 56.3 70.9 71.8 74.8 76.9 75.1 55.7 57.8 60.9 63.6 65.2 57.4 63.5 71.0 79.0 72.5 58.6 62.9 70.5 76.6 70.8 58.7 57.6 62.6 71.8 71.6 58.5 74.6 87.9 87.3 69.1 44.3 44.5 47.7 57.8 64.4 38.7 41.0 45.4 48.2 47.0 75.5 74.0 74.1 73.1 74.4 81.8 75.6 73.9 68.9 68.2 70.7 72.8 74.2 76.3 79.1 63.5 65.0 68.3 71.6 71.3 62.1 64.1 67.6 70.5 69.4 63.6 65.5 68.8 72.6 72.2 71.0 74.5 77.8 81.6 83.6 68.7 72.3 75.2 78.4 80.2 56.2 63.5 69.3 72.5 71.6 75.9 79.3 81.1 83.6 85.3 67.4 70.2 73.1 76.6 79.2 58.4 69.5 80.1 88.7 89.4 62.5 68.5 78.3 86.8 90.8 63.6 66.0 73.2 82.9 90.2 59.8 73.9 89.6 95.2 92.1 64.0 66.9 67.8 74.2 80.6 41.4 49.3 54.2 59.2 60.0 75.3 74.8 75.3 76.8 78.2 68.2 67.1 68.3 69.8 70.6 80.7 80.8 80.8 82.2 84.1 71.7 74.3 77.5 81.2 83.8 68.3 72.3 76.0 79.7 81.3 71.5 75.1 78.5 82.3 84.6 83.2 84.7 82.8 86.0 91.4 80.2 81.2 82.0 85.8 90.0 65.1 65.5 65.0 73.7 83.8 85.1 85.8 86.3 89.0 92.4 80.9 82.1 83.6 86.8 90.0 79.3 84.2 72.1 80.0 83.4 83.9 77.2 82.3 95.4 88.0 91.4 87.2 84.5 98.5 73.2 67.3 55.1 77.4 88.5 88.0 89.6 81.5 78.5 84.0 57.2 60.0 60.0 67.5 84.3 79.9 80.9 82.1 84.4 87.0 74.0 76.9 79.5 83.3 86.0 84.4 84.0 84.1 85.2 87.8 83.8 84.6 83.7 86.5 90.4 80.0 81.6 80.5 84.6 91.2 84.1 85.5 83.5 86.7 91.9 94.3 97.0 93.9 97.3 91.7 99.6 94.8 98.0 93.9 96.3 99.5 98.1 100.0 103.9 106.5 100.0 103.6 105.6 100.0 106.2 109.2 100.0 102.4 103.8 100.0 103.7 105.8 100.0 103.2 105.3 100.1 100.5 100.0 104.2 104.6 104.8 100.5 100.0 106.6 109.0 107.6 106.9 108.7 103.9 108.3 99.4 102.9 110.2 1975 1976 1977 1978 1979 . . 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 . . 101.1 89.7 94.3 97.4 94.5 97.4 94.5 97.1 98.0 97.4 9J7.1 100.0 102.6 105.8 100.0 104.1 106.4 100.0 103.0 104.9 100.0 104.0 106.5 105.4 99.0 110.4 108.2 105.4 107.7 84.9 90.5 89.7 95.6 92.3 97.0 92.3 96.9 100.0 103.7 107.5 100.0 100.6 102.1 100.0 98.9 95.1 100.0 115.8 128.9 86.8 138.9 109.8 100.4 100.0 92.3 Chain-type annual-weighted index 1959 39.2 37.3 23.6 49.4 33.0 32.7 33.4 27.0 51.5 18.9 20.1 52.2 65.8 41.0 39.4 39.0 39.4 1960 1961 1962 1963 1964 40.1 41.0 43.5 45.4 48.1 38.3 39.2 41.1 42.8 45.3 24.1 23.2 25.9 28.4 31.0 50.2 51.3 53.0 54.1 56.7 34.5 35.9 37.7 39.4 41.8 32.5 32.1 36.3 38.7 42.0 33.6 33.5 36.5 39.2 42.9 28.5 28.3 30.7 32.3 36.1 47.8 47.9 52.5 58.7 62.2 22.8 23.2 24.4 26.3 29.8 20.3 20.2 22.5 23.1 24.3 51.7 54.4 57.6 58.9 60.2 62.7 65.5 71.3 70.6 69.4 42.6 45.3 46.5 49.3 52.7 40.4 41.4 43.6 45.6 48.3 39.6 40.5 43.1 44.9 47.4 40.3 41.3 43.8 45.7 48.4 1965 1966 1967 1968 1969 51.2 54.5 55.9 58.5 60.3 48.1 50.8 52.3 55.3 57.3 35.0 37.9 38.5 42.8 44.3 59.5 62.5 63.6 66.3 68.0 44.0 46.3 48.5 51.0 53.5 47.8 51.8 49.6 52.1 55.2 47.3 49.8 48.8 52.2 55.3 42.3 47.5 46.7 48.7 52.2 60.3 54.9 53.2 60.5 62.3 30.4 32.4 33.1 35.5 37.4 26.9 30.8 33.0 37.9 40.0 62.1 68.2 73.6 75.8 75.3 69.4 78.4 87.1 87.7 84.4 56.2 59.9 62.8 66.2 67.9 51.1 54.2 55.8 58.6 60.4 50.6 54.1 55.6 58.3 60.1 51.5 54.8 56.2 58.8 60.6 1970 1971 1972 1973 1974 60.3 62.3 65.7 69.6 69.1 58.6 60.7 64.3 67.5 67.0 42.9 47.1 53.1 58.6 54.7 69.5 70.7 73.7 76.0 74.6 55.6 57.7 60.8 63.5 65.0 51.3 57.0 63.9 71.6 65.9 53.9 58.0 65.0 70.9 66.2 51.7 51.7 56.3 64.5 64.9 58.5 74.6 87.9 87.3 69.3 41.5 41.8 45.1 54.6 59.7 41.7 43.9 48.8 51.0 49.7 73.2 71.8 71.8 71.2 72.6 77.3 71.6 69.5 65.7 65.6 69.7 72.0 73.5 75.7 78.4 60.8 62.5 65.9 69.4 69.2 59.9 62.1 65.6 68.8 67.8 60.6 62.7 66.1 70.1 69.8 1975 1976 1977 1978 1979 68.7 72.4 75.9 79.9 82.2 68.4 72.2 75.4 78.5 80.3 54.7 61.7 67.5 70.8 70.2 75.6 79.2 81.3 83.9 85.6 67.3 70.1 73.1 76.6 79.1 53.8 64.6 75.3 84.2 85.6 58.8 64.6 74.2 83.0 87.6 58.1 60.9 68.1 78.2 85.9 60.3 74.4 90.2 95.8 92.3 59.3 62.6 64.0 71.0 77.7 44.2 52.7 58.3 63.8 64.9 73.4 73.0 73.7 75.3 76.9 65.5 64.5 65.9 67.5 68.6 79.8 80.1 80.1 81.7 83.7 69.7 72.4 75.7 79.7 82.5 66.8 71.0 75.1 78.9 80.6 69.2 73.0 76.6 80.6 83.1 1980 1981 1982 1983 1984 82.0 84.1 82.2 85.3 91.3 79.9 80.8 81.6 85.6 89.8 64.2 64.7 64.4 73.3 83.5 85.1 85.7 86.2 88.9 92.3 80.7 81.9 83.4 86.7 89.9 76.5 83.5 71.6 78.2 81.8 83.4 77.1 82.0 95.6 85.6 90.2 86.1 84.1 98.7 73.1 67.3 55.2 77.4 88.5 86.2 87.5 80.3 77.8 83.8 60.6 62.1 60.9 68.1 84.2 78.7 80.2 81.4 83.9 86.4 72.3 75.9 78.5 82.5 84.9 84.0 83.6 83.8 85.0 87.7 83.0 84.0 83.2 86.0 90.2 79.1 81.2 79.8 83.9 91.1 82.9 84.9 82.8 85.9 91.8 1985 1986 1987 1988 1989 94.2 97.0 93.8 97.2 91.4 99.5 94.7 98.0 93.8 96.2 99.8 98.0 100.0 103.9 106.6 100.0 103.6 105.5 100.0 106.2 109.1 100.0 102.4 103.7 100.0 103.7 105.8 100.0 103.0 105.7 100.2 100.3 100.0 104.2 104.4 104.8 100.3 100.0 106.6 108.7 1990 107.6 106.8 108.4 103.9 108.2 99.4 102.4 109.6 101.8 84.8 90.4 88.7 95.3 91.9 96.9 91.6 96.7 92.2 97.1 94.3 97.3 94.4 97.3 94.5 97.1 100.0 103.5 106.9 100.0 100.6 102.2 100.0 98.8 95.1 100.0 115.7 128.6 97.9 97.6 100.0 102.6 105.8 100.0 104.1 106.4 100.0 102.9 104.9 100.0 104.0 106.6 86.7 138.1 109.1 105.5 99.1 110.4 108.1 105.4 107.7 89.7 100.4 100.0 46 • April 1992 SURVEY OF CURRENT BUSINESS Table 2.—Fixed-Weighted and Alternative Quantity Indexes for Gross Domestic Product—Continued [Index numbers, 1987=100] Personal consumption expenditures Year GDP Total Durable goods Fixed investment Non- durable goods Government purchases Gross private domestic investment Services Total Total Exports Imports Total NonResidenresidential tial Gross Rnal sales of domestic purState domestic Federal and local product chases Gross national product Benchmark-years-weighted index 1959 38.8 37.2 23.5 49.3 33.0 30.6 30.2 24.0 51.1 18.0 19.2 52.5 66.6 41.0 38.8 38.7 39.0 1960 1961 1962 1963 1964 39.7 40.7 43.2 45.1 47.7 38.2 39.1 41.0 42.7 45.2 24.0 23.1 25.8 28.3 30.9 50.1 51.2 52.9 54.0 56.6 34.5 35.9 37.7 39.4 41.8 30.3 30.0 34.0 36.3 39.4 30.4 30.2 33.0 35.5 38.9 25.3 25.1 27.3 28.9 32.2 47.4 47.6 52.1 58.3 61.7 21.7 22.1 23.2 25.0 28.3 19.4 19.3 21.4 22.1 23.2 52.0 54.7 58.0 59.2 60.5 63.6 66.3 72.0 71.4 70.2 42.6 45.3 46.4 49.2 52.6 39.8 40.8 43.0 44.9 47.7 39.2 40.1 42.7 44.5 46.9 39.9 40.9 43.4 45.4 48.1 1965 1966 1967 48.0 50.7 52.2 55.1 57.1 34.8 37.7 38.3 42.5 44.1 59.4 62.4 63.5 66.2 67.9 44.0 46.2 48.5 51.0 53.4 44.7 48.6 46.8 49.1 52.1 42.8 45.3 44.8 47.8 50.6 37.8 42.5 42.4 44.2 47.3 59.8 54.5 52.8 59.9 61.7 28.9 30.9 31.6 33.9 35.7 25.6 29.4 31.5 36.2 38.3 62.4 68.5 74.0 76.2 75.7 70.1 79.1 87.9 88.6 85.5 56.2 59.8 62.7 66.1 67.8 50.4 53.4 55.1 57.8 59.5 50.1 53.5 55.1 57.8 59.6 51.1 54.4 55,8 1968 1969 50.7 54.1 55.5 58.0 59.8 1970 1971 1972 1973 1974 59.8 61.8 65.3 69.0 68.6 58.4 60.6 64.2 67.3 66.8 42.7 46.9 52.9 58.3 54.3 69.4 70.6 73.6 75.9 74.4 55.6 57.6 60.7 63.4 64.9 48.5 54.0 61.0 68.4 63.1 49.4 53.3 60.1 65.6 61.4 46.9 47.0 51.7 59.3 59.7 58.0 73.9 87.2 86.6 68.7 39.5 39.8 43.0 51.8 57.7 40.0 42.1 46.7 49.6 48.4 73.5 72.0 72.0 71.2 72.6 78.4 72.3 70.2 65.9 65.8 69.6 71.8 73.3 75.5 78.2 59.9 61.6 65.1 68.4 68.3 59.4 61.5 65.1 68.3 67.3 60.1 62.2 65.7 69.6 69.3 1975 1976 1977 1978 1979 68.0 71.8 75.5 79.4 81.7 68.2 72.0 75.2 78.3 80.0 54.3 61.3 67.1 70.3 69.8 75.5 79.0 81.1 83.7 85.4 67.1 70.0 72.9 76.4 79.0 50.9 61.4 71.6 79.6 81.2 54.5 60.1 69.2 77.5 82.0 53.5 56.3 63.3 72.7 80.1 59.7 73.8 89.5 95.0 91.7 57.7 60.9 62.7 69.2 75.8 42.8 50.9 55.9 60.4 61.4 73.5 73.2 73.9 75.5 77.0 65.7 64.8 66.3 68.0 69.0 79.8 80.0 80.0 81.6 83.5 68.7 71.6 75.0 78.9 81.7 66.1 70.4 74.4 78.2 79.9 68.5 72.4 76.2 80.1 82.7 1980 1981 1982 1983 1984 81.7 83.9 82.3 85.5 91.2 79.8 80.7 81.6 85.4 89.7 63.9 64.3 64.2 73.0 83.1 84.9 85.7 86.1 88.9 92.3 80.6 81.7 83.2 86.5 89.7 73.6 81.1 71.4 78.7 100.7 77.6 80.5 76.1 81.1 94.6 80.7 86.7 85.0 82.7 97.2 72.8 67.1 55.0 77.3 88.4 84.2 86.1 79.4 76.8 82.7 57.8 60.1 59.6 66.8 83.1 78.9 80.2 81.6 84.0 86.7 72.7 76.0 78.9 82.8 85.5 83.9 83.6 83.8 85.0 87.6 82.4 83.7 83.1 85.9 90.1 78.6 80.8 79.8 84.0 91.0 82.6 84.7 83.0 86.1 91.7 1985 1986 1987 1988 1989 94.2 96.9 90.9 99.2 94.7 98.0 93.7 96.2 99.1 97.5 99.3 99.5 103.4 89.6 99.3 87.8 94.6 92.1 96.9 92.0 96.7 92.1 97.1 94.2 97.2 94.3 97.2 94.4 97.0 100.0 106.1 109.0 100.0 102.3 103.7 100.0 103.7 105.8 100.0 103.1 105.2 100.0 104.1 104.4 100.0 106.5 108.7 100.3 100.0 84.0 89.8 100.0 103.8 106.4 ,93.6 ;97.2 100.0 103.5 105.5 100.0 102.9 104.8 100.0 103.9 106.4 1990 107.5 106.8 108.4 103.8 108.2 99.1 102.5 109.7 105.3 107.6 GDP=Gross domestic product 100.0 115.6 128.6 100.0 103.6 107.1 100.0 100.5 102.1 100.0 98.9 95.1 97.8 97.3 100.0 102.6 105.8 100.0 104.0 106.3 86.8 138.3 109.3 105.3 98.7 110.4 108.0 58,,4 60.1 April 1992 • 47 SURVEY OF CURRENT BUSINESS Table 3.—Fixed-Weighted and Alternative Price Indexes for Gross Domestic Product [Index numbers, 1987=100] Personal consumption expenditures Year GDP Total Durable goods Fixed investment Non- durable goods Services Total Non- residential Government purchases Residential Exports Imports Total Federal Final sales of State and domestic local product Gross domestic pur- chases Gross national product Fixed-weighted index 54.1 31.4 24.1 25.0 23.9 27.2 21.4 53.9 53.6 53.2 53.0 53.0 31.8 32.0 32.1 32.5 32.8 24.7 25.1 25.5 25.9 26.3 25.1 25.1 25.0 24.7 24.9 24.4 24.9 25.7 26.2 26.8 27.6 27.9 28.8 29.5 30.2 22.0 22.5 23.3 23.7 24.2 52.2 51.4 52.0 53.2 54.3 33.3 34.3 35.1 36.5 38.1 26.8 27.5 28.5 29.7 30.8 25.5 26.4 27.2 28.6 30.7 27.5 28.6 29.9 31.5 33.3 31.1 32.0 33.1 34.9 36.7 24.7 25.9 27.3 28.8 30.7 1965 1966 1967 1968 1969 30.5 30.9 31.2 31.4 31.6 32.0 32.3 32.9 33.8 35.1 36.4 1970 1971 1972 1973 1974 38.0 39.6 40.9 42.8 46.8 55.2 56.8 57.2 57.9 61.1 39.9 41.1 42.4 45.3 51.3 32.5 34.4 36.0 37.5 40.4 31.7 33.5 35.6 38.7 42.8 36.0 38.5 41.1 43.7 46.9 39.6 42.4 46.0 48.4 50.2 33.0 35.3 37.3 40.1 44.3 50.6 53.4 56.7 60.7 65.9 66.2 69.3 71.9 75.5 80.1 55.3 57.5 60.8 64.7 71.3 43.8 46.9 50.5 54.6 59.0 46.6 49.7 54.7 61.4 68.2 51.4 54.4 57.6 61.7 66.8 54.6 57.3 60.4 64.1 68.9 48.9 52.2 55.7 59.9 65.1 84.8 88.1 91.1 72.6 78.9 83.2 86.7 89.9 84.8 89.5 92.4 93.7 94.9 79.6 86.0 88.8 91.1 93.7 65.3 71.9 77.4 82.4 86.4 95.8 95.0 94.8 100.6 75.2 82.3 88.5 92.2 95.6 71.9 77.6 82.3 85.5 89.6 84.9 88.2 91.2 85.5 88.3 91.1 84.9 88.2 91.1 94.3 97.0 93.3 96.1 96.0 97.1 96.2 96.2 90.9 95.8 100.0 103.9 108.4 100.0 104.3 109.3 100.0 102.0 104.6 100.0 103.8 109.5 113.1 115.0 106.8 116.2 1959 1960 1961 1962 1963 1964 . . . 1975 1976 1977 1978 1979 . . . . . .. 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 . 1990 100.1 101.5 98.5 97.0 75.3 81.3 85.3 87.3 89.8 99.5 99.8 98.0 97.0 73.3 79.6 85.0 88.5 92.2 95.8 97.9 97.5 98.9 92.1 95.8 98.2 97.3 94.6 93.8 97.9 99.0 93.5 96.5 94.4 97.0 94.1 96.6 94.4 97.0 100.0 105.1 110.4 100.0 103.2 106.2 100.0 102.7 105.5 100.0 104.3 107.8 100.0 105.7 108.1 too.o 95.4 97.6 105.4 108.6 100.0 103.7 107.9 100.0 102.8 107.2 100.0 104.3 108.5 100.0 104.0 108.5 100.0 103.9 108.5 100.0 103.9 108.4 116.3 108.7 107.9 110.4 109.8 113.3 112.4 112.1 112.7 113.2 113.4 113.1 Chain-type annual-weighted index 1959 27.8 28.0 44.9 29.7 23.4 30.9 34.6 24.2 30.0 21.9 21.5 22.6 20.5 27.6 27.1 27.8 1960 1961 1962 1963 1964 .. 28.2 28.5 28.9 29.3 29.7 28.4 28.7 29.1 29.4 29.8 44.7 44.8 45.0 45.1 45.4 30.2 30.3 30.6 30.9 31.3 24.0 24.5 24.9 25.3 25.7 31.1 31.0 31.0 31.0 31.2 34.7 34.5 34.5 34.6 34.8 24.4 24.4 24.5 24.3 24.5 30.4 30.9 30.8 30.8 31.0 22.2 22.2 21.9 22.3 22.8 21.9 22.3 23.0 23.6 24.2 22.9 23.2 23.8 24.4 25.2 21.0 21.5 22.3 22.8 23.3 28.0 28.3 28.7 29.0 29.5 27.5 27.8 28.2 28.5 29.0 28.2 28.5 28.9 29.2 29.7 1965 1966 1967 1968 1969 30.2 31.1 32.1 33.5 35.1 30.3 31.1 31.9 33.1 34.5 44.9 44.7 45.4 46.9 48.2 31.9 33.0 33.7 35.0 36.7 26.3 27.0 27.9 29.1 30.3 31.7 32.4 33.3 34.7 36.4 35.2 35.7 36.6 38.0 39.6 25.2 26.1 27.0 28.4 30.4 32.0 33.0 34.3 35.0 36.2 23.2 23.7 23.9 24.3 24.9 24.9 25.9 27.0 28.6 30.4 26.0 26.9 27.7 29.4 30.9 23.9 25.1 26.5 28.1 30.0 30.0 30.9 31.9 33.3 34.9 29.5 30.3 31.2 32.6 34.1 30.2 31.1 32.1 33.5 35.1 1970 1971 1972 1973 1974 36.9 38.8 40.5 42.7 46.5 36.1 37.8 39.1 41.2 45.4 49.3 51.1 51.7 52.4 55.7 38.5 39.6 41.0 44.2 50.5 31.9 33.9 35.4 37.0 39.8 38.0 39.9 41.7 44.0 48.4 41.4 43.4 45.0 46.7 51.3 31.4 33.2 35.2 38.3 42.3 37.7 39.0 40.3 46,2 57.2 26.4 28.0 30.1 35.3 50.5 33.0 35.4 38.2 41.1 45.1 33.6 36.3 39.9 42.9 46.6 32.5 34.8 36.9 39.7 43.9 36.7 38.6 40.2 42.5 46.2 36.0 37.8 39.5 41.8 46.0 36.9 38.8 40.5 42.7 46.5 1975 1976 1977 1978 1979 50.9 53.8 57.3 61.5 66.7 49.1 51.8 55.3 59.3 64.6 60.8 64.2 67.0 70.8 75.5 54.4 56.5 59.7 63.8 70.8 43.1 46.3 50.0 54.0 58.4 54.5 57.7 62.2 67.6 73.8 58.5 61.8 65.9 70.5 76.3 46.2 49.2 54.3 61.0 67.8 63.1 65.4 68.2 72.1 80.9 54.7 56.5 61.7 65.6 76.8 49.7 53.0 56.7 60.8 66.2 51.3 54.7 58.3 62.5 67.9 48.4 51.7 55.3 59.5 64.8 50.6 53.6 57.0 61.3 66.5 50.3 53.2 56.8 61.1 66.5 50.9 53.8 57.3 61.5 66.7 1980 1981 1982 1983 1984 72.7 79.4 84.4 87.9 91.1 71.7 78.1 82.6 86.4 89.8 82.0 87.5 91.0 93.0 94.3 79.4 85.9 88.7 91.0 93.6 64.5 71.1 76.9 82.1 86.3 80.7 88.3 93.2 93.1 93.7 83.1 91.3 96.5 95.6 95.5 74.8 80.8 85.1 87.2 89.7 89.0 95.1 96.7 97.7 99.2 95.7 98.2 95.1 94.9 73.1 79.4 84.7 88.2 92.0 75.2 82.4 88.2 91.9 95.1 71.5 77.1 82.0 85.4 89.6 72.6 79.2 84.3 87.9 91.0 73.5 80.1 84.8 87.9 90.9 72.8 79.4 84.5 88.0 91.2 1985 1986 1987 1988 1989 94.4 97.0 93.2 96.0 95.6 97.0 96.1 96.1 90.8 95.8 95.2 97.7 96.6 98.6 92.0 95.8 97.8 97.1 92.9 93.5 95.3 97.5 97.7 98.8 93.5 96.5 94.3 97.0 94.0 96.6 94.4 97.0 100.0 103.9 108.3 100.0 104.2 109.2 100.0 102.0 104.4 100.0 103.8 109.4 100.0 105.1 110.3 100.0 103.2 106.2 100.0 102.8 105.4 100.0 104.2 107.8 100.0 105.5 107.9 100.0 ' 105.2 108.4 100.0 103.6 107.8 100.0 102.7 106.9 100.0 104.3 108.5 100.0 104.0 108.4 100.0 103.9 108.4 100.0 103.9 108.3 1990 112.8 114.8 106.4 116.0 116.2 108.4 107.6 110.4 109.6 113.0 112.2 111.4 112.7 113.0 113.2 112.8 . . 100.9 SURVEY OF CURRENT BUSINESS 48 • April 1992 Table 3.—Fixed-Weighted and Alternative Price Indexes for Gross Domestic Product—Continued [Index numbers, 1987=100] Personal consumption expenditures Year GDP Total Durable goods Non- durable goods Government purchases Rxed investment Services Total Non- residential Residential Exports Imports Total Federal Final sales of State and domestic product local Gross domestic pur- chases Gross national! product Benchmark-years-weighted index 1959 28.0 28.0 45.0 29.8 23.5 34.2 38.8 24.4 31.4 23.1 20.5 28.0 27.4 28.0 28.4 28.8 29.1 29.5 29.9 28.5 28.8 29.1 29.5 29.9 44.8 44.9 45.1 45.3 45.5 30.2 30.4 30.6 31.0 31.4 24.0 24.5 24.9 25.3 25.7 34.4 34.2 34.2 34.1 34.1 38.9 38.7 38.6 38.7 38.6 24.6 24.6 24.7 24.5 24.7 31.8 32.3 32.3 32.2 32.4 23.3 23.3 23.0 23.4 23.9 21.4 21.8 22.2 22.9 23.4 24.1 22.3 1960 1961 1962 1963 1964 22.7 23.0 23.6 24.2 25.0 21.0 21.5 22.3 22.8 23.3 28.4 28.7 29.1 29.5 29.9 27.8 28.1 28.4 28.8 29.2 28,4 28.7 29.1 29.5 29.9 1965 1966 1967 1968 1969 30.4 31.3 32.3 33.7 35.2 30.3 31.1 32.0 33.2 34.6 45.1 44.9 45.7 47.1 48.4 32.0 33.0 33.8 35.1 36.7 26.3 27.0 27.9 29.1 30.3 34.6 35.2 36.3 37.6 39.4 38.8 39.3 40.4 41.5 43.1 25.4 26.3 27.2 28.6 30.6 33.5 34.5 36.0 36.7 37.9 24.3 24.9 25.0 25.4 26.1 24.8 25.8 26.9 28.5 30.3 25.7 26.6 27.4 29.1 30.7 23.9 25.1 26.6 28.1 30.1 30.4 31.3 32.3 33.7 35.3 29.7 30.6 31.5 32.8 34.3 30.4 31.3 32.3 33.7 35.2 1970 1971 1972 1973 1974 37.1 39.0 40.7 43.0 46.7 36.2 37.8 39.2 41.3 45.4 49.5 51.3 51.9 52.7 56.0 38.5 39.7 41.0 44.2 50.5 31.9 33.9 35.4 37.0 39.9 41.0 43.1 45.1 47.4 52.0 45.1 47.2 49.0 50.6 55.4 31.6 33.4 35.5 38.6 42.6 39.6 40.9 42.3 47.8 58.7 27.6 29.3 31.4 36.8 52.5 32.9 35.3 38.1 41.0 45.0 33.4 36.0 39.6 42.5 46.3 32.6 34.9 37.0 39.8 44.0 37.1 39.0 40.8 43.0 46.7 36.2 38.1 39.8 42.2 46.4 37.1 39.0 40.7 43.0 46.7 1975 1976 1977 1978 1979 51.1 54.1 57.6 61.4 66.6 49.2 51.9 55.4 59.4 64.8 61.2 64.6 67.5 71.2 75.9 54.4 56.4 59.8 63.9 70.9 43.2 46.3 50.1 54.1 58.5 58.3 61.7 66.6 69.7 75.5 62.8 66.4 70.8 72.7 78.0 46.6 49.6 54.7 61.4 68.2 64.6 66.7 69.6 73.0 81.6 57.0 58.8 64.3 68.3 79.3 49.7 52.9 56.5 60.7 65.9 51.2 54.3 58.0 62.1 67.4 48.5 51.7 55.4 59.5 64.7 51.0 54.0 57.6 61.4 66.6 50.7 53.6 57.4 61.2 66.6 51.1 54.1 57.6 61.4 66.6 1980 1981 1982 1983 1984 72.7 79.3 84.3 87.7 90.9 71.8 78.3 82.7 86.4 89.7 82.2 87.7 91.2 92.9 94.2 79.5 86.0 88.7 91.0 93.6 64.7 71.3 77.1 82.1 86.3 82.0 89.6 94.3 93.9 94.2 84.5 92.7 97.8 96.4 95.9 75.2 81.2 85.2 87.3 89.9 89.6 95.9 97.8 98.1 99.2 98.2 97.1 96.6 72.9 79.2 84.5 88.0 91.8 74.8 82.0 87.8 91.5 94.9 71.5 77.1 82.0 85.3 89.5 72.6 79.2 84.4 87.8 90.9 73.6 80.2 84.8 87.8 90.8 72.7 79.3 84.3 87.8 90.9 1985 1986 1987 1988 1989 94.2 96.9 93.2 96.0 95.4 96.8 96.1 96.1 90.8 95.7 95.7 98.0 97.0 98.8 92.2 95.8 97.8 96.9 94.5 93.2 95.1 97.3 97.4 98.5 93.4 96.4 94.2 96.9 93.9 96.6 94.2 96.9 100.0 103.9 108.4 100.0 104.2 109.2 100.0 101.9 104.4 100.0 103.8 109.4 100.0 105.1 110.3 100.0 103.1 106.0 100.0 102.7 105.3 100.0 104.2 107.8 100.0 105.3 107.7 100.0 105.1 108.2 100.0 103.7 107.9 100.0 102.8 107.1 100.0 104.3 108.5 100.0 104.0 108.4 100.0 103.9 108.5 100.0 103.9 108.4 1990 113.0 114.9 106.5 116.0 116.2 108.3 107.5 110.4 109.3 112.7 112.3 111.8 112.7 113.1 113.3 113.0 GDP=Gross domestic product 103.8 100.4 SURVEY OF CURRENT BUSINESS April 1992 49 Economic Theory and BEA'S Alternative Quantity and Price Indexes By Jack E. Triplett N THIS issue, BEA is introducing new, alterna7 tive price and quantity indexes for the major components of the national income and product accounts (see "Alternative Measures of Change in Real Output and Prices" on page 32). This article describes the index number theory underlying these alternative indexes and discusses the interpretation of them. Index number theory Economic theory has long been used to specify the construction of price and quantity index numbers. The modern treatment originated in an article published in the 1920*5 by the Russian mathematician and economist A.A. Konus.1 Koniis analyzed the measurement of consumer prices, the theory of which he named the "true index of the cost of living." Cost-of-living index theory was developed independently by Englishlanguage economists in the early 1930'$. The theory was summarized by Ragnar Frisch in 1936 in a famous review article on index numbers.2 The theory of the cost-of-living index applies directly to the measurement of consumption prices, such as the price index for the personal consumption expenditures (PCE) component of gross domestic product (GDP). This article will summarize the theory of the cost-of-living index, which is the best known and best developed part of the economic theory of index numbers; with suitable changes in language and notation and in some conditions and assumptions, the principles can be extended to investment goods as well. Cost-of-living index number theory proceeds from the proposition that a consumption price index should measure the change in the cost of maintaining a fixed, or constant, standard of living. If the price index holds the standard of living constant, then any increase in per capita consumption expenditures that exceeds the increase 1. A.A. Konus, "The Problem of the True Index of the Cost of Living," Econometrica 7 (January 1939): 10-29. 2. Ragnar Frisch, "Annual Survey of General Economic Theory: The Problem of Index Numbers," Econometrica 4 (January 1936): 1-38. in the price index can be interpreted as an increase in the standard of living. Conversely, if per capita consumption expenditures rise more slowly than the price index, the standard of living, or real per capita consumption, is falling. Real consumption, either per capita or in the aggregate, can be expressed as a quantity index, which is the counterpart of the consumption price index. Thus, from the standard-of-living orientation, the price index measures the changing cost of a constant standard of living, and the quantity index measures increases or decreases in the standard of living. The same interpretation may also be given to conventional fixed-weighted indexes, such as the base-weighted indexes that traditionally have been employed in measuring real GDP. In the fixed-weighted PCE price index, one holds constant the collection of goods and services actually consumed in 1987, which is a way of holding constant the living standard that existed in 1987. Cost-of-living index theory stresses, however, that consumers can reach the same standard of living in more than one way. Consumers may substitute between commodities that serve similar general purposes (for example, chicken or fish for beef) or even dissimilar ones (a new car for a vacation). Substitution implies that differing collections of goods and services may still represent equivalent standards of living. Moreover, nationwide data indicate that consumers systematically substitute away from those goods and services whose prices rise the most rapidly and toward those goods and services whose prices rise less rapidly or decline. Commodities whose prices grow most rapidly show, on average, the slowest growth in consumption; commodities whose prices grow more slowly (or decline) show, on average, the most rapid growth in consumption. The same patterns also apply to many nonconsumption goods, such as investment or capital goods; for example, the prices of computer equipment have declined at 5O • April 1992 SURVEY OF CURRENT BUSINESS an extremely rapid rate over the past several decades, while the proportion of investment expenditures accounted for by computer equipment has increased dramatically. Economic theory suggests that a consumption price index that truly tracks the cost of living should be based on the costs of collections of commodities that represent equivalent living standards and that this index should not, therefore, hold quantities fixed as consumers shift their expenditures. For example, when chicken is substituted for beef, one should look at meat consumption as a whole, rather than at fixed quantities of different kinds of meats, and perhaps one should even look at food consumption as a whole, rather than at fixed quantities of meat, vegetables, and so forth. Economic theory also suggests that when consumers do substitute toward commodities whose prices rise less rapidly or decline, the cost of maintaining an equivalent standard of living rises less rapidly than the cost of the fixed basket of commodities that were consumed in a previous period, such as 1987. For example, when used to measure consumption prices between 1987 and 1992, a fixed basket of the commodities consumed in 1987 gives too much weight to the prices that rise rapidly over the timespan and too little weight to the prices that fall; as a result, using the 1987 fixed basket overstates the 1987-92 costof-living change. Conversely, because consumers substitute, a fixed basket of the commodities consumed in 1992 gives too much weight to the prices that have fallen over the timespan and too little to the prices that have risen; as a result, the 1992 fixed basket understates the 1987-92 cost-of-living change. The difference between a fixed-weighted price index and a price index that accounts for substitution is often termed the "substitution bias" in fixed-weighted indexes. Development of superlative indexes The theoretical cost-of-living index was for many years regarded as purely an abstraction, an idea that could not be implemented in actual price index calculations. To compute a constant standard of living, one would have to know how much consumers substitute among commodities in response to relative price changes. In other words, one would have to be able to separate changes in consumption spending that raise (or lower) the standard of living from changes in spending that merely represent alternative ways of achieving the same living standard. Even with econometric methods, which have been applied to the problem,3 the research task is enormous, and the research results still leave a range of uncertainties. In 1976, W. Erwin Diewert published an article that suggested a relatively simple way to approximate the theoretical cost-of-living index.4 Abandoning the attempt to find a formula for the "exact" cost-of-living index, Diewert showed that a class of index numbers, which he named "superlative index numbers," would give good approximations to the "exact" formula. Some of these superlative index formulas turn out to be relatively simple to compute and use. One of the most attractive of these superlative index numbers is the Fisher Ideal index, proposed by Irving Fisher in 1922. The Fisher Ideal index is simply the geometric mean of the fixed-weighted Paasche and Laspeyres indexes, the formulas for which have long been the primary ones used in constructing indexes for the U.S. national accounts.5 Another superlative index is the Tornqvist index, developed in the i93o's at the Bank of Finland. This index is a logarithmically defined index that employs an average of the weights for the two periods being considered.6 Diewert showed that the Fisher Ideal index and the Tornqvist index are theoretically better measures of the cost of living than the traditional fixed-weighted Paasche or Laspeyres indexes. The superlative indexes accommodate substitution in consumer spending while holding living standards constant, something the Paasche and Laspeyres indexes do not do. From the view of theory, the Fisher Ideal formula and the Tornqvist formula are equally good; therefore, one can choose between the two on pragmatic grounds. 3. The major studies are by Steven D. Braithwait, "The Substitution Bias of the Laspeyres Price Index: An Analysis Using Estimated Cost-of-Living Indexes," American Economic Review 70 (March 1980): 64-77; and Marilyn E. Manser and Richard J. McDonald, "An Analysis of Substitution Bias in Measuring Inflation, 1959-85," Econometrica 56 (July 1988): 909-930. 4. W. Erwin Diewert, "Exact and Superlative Index Numbers," Journal of Econometrics 46 (May 1976): 115-45. 5. Fisher Ideal quantity index = 6. Logarithm of Tornqvist quantity index = E l (Q*\l V 2 PiQi . SURVEY OF CURRENT BUSINESS The Fisher Ideal formula is somewhat easier to compute than the Tornqvist formula; modern computers make this only a marginal advantage. The Fisher Ideal index is also somewhat easier to interpret; a user can examine its component Laspeyres and Paasche indexes to gain a mechanical understanding of movements in the index, and such calculations assist in the analysis of price and quantity movements. Finally, a major advantage of the Fisher Ideal formula is that it has a "dual" property that is not shared by the Tornqvist formula. A Fisher Ideal price index implies a Fisher Ideal quantity index, and the converse: That is, the product of a Fisher Ideal price index between two periods and a Fisher Ideal quantity index between the same two periods is equal to the total change in value (change in current-dollar expenditures) between those periods. In contrast, a Tornqvist price index multiplied by a Tornqvist quantity index does not equal the change in value between the two periods. In fact, the quantity index that corresponds to a Tornqvist price index does not have an explicit, algebraic formula (and likewise, the price index corresponding to a Tornqvist quantity index has no explicit formula). Constructing time series with superlative indexes Though economic theory indicates preferred index number formulas for making two-period comparisons, it gives less guidance on forming time series of index numbers covering three or more periods. Consider the following table of annual price indexes that can be computed covering the years 1987-90: Initial year Terminal year 1987 1987 r 1988 1988 1989 1990 87,87 187,88 188,88 1080 !87,89 188,89 189,89 100O I87,90 188,90 J 89,90 '90,90 Each entry in the table designates a superlative index (the Fisher Ideal, in these examples) that measures price change between 2 years with different quantity weights. For example, I87)88 is a Fisher Ideal index number computed as the geometric mean of two indexes measuring price change between 1987 and 1988; the first uses weights from 1987 and the second, weights from 1988. Similarly, 137,90 measures price change between 1987 and 1990 using a Fisher Ideal formula that is the geometric mean of one index having 1987 weights and a second having 1990 weights. Starting with the index for 1987 (I87,87> which is, of course, equal to i), there are two ways to measure price change between 1987 and 1990. One way is to use the "direct" index calculation procedure—that is, to go straight down the column labeled 1987 to compute the direct index number between 1987 and the year that is designated. The index Is7,88> for example, uses weights for 1987 and 1988; the index I87,89 uses weights for 1987 and 1989 (ignoring 1988), and the index I87>90 uses weights for 1987 and 1990. In this time series of index numbers, each entry measures price change from the base year of 1987 directly to the designated year, without considering either prices or quantities of intervening years. A statistical table would then record the results of the computations indicated in the column headed "1987" in the table. The disadvantage of the direct index procedure is that some relevant index calculations are not in the 1987 column. Suppose one wants to know the price change between 1988 and 1989. For most purposes, it is reasonable to specify that the weights for such a price index should be taken from 1988 and 1989 (that is, the index I88>89 from the second column of the table). This index is not, of course, present in the 1987 column. For some purposes, therefore, the direct index procedure does not give the "best," or most relevant, measure of period-to-period price change. The second way to obtain price measures between 1987 and 1990 is to use the "chain" index calculation procedure. In terms of the table, the chain index uses the calculations that are indicated by the boldfaced diagonal; that is, starting with the I87,88 index value, this value is multiplied by the indexes in the boldfaced diagonal, so that the chain index (1987-90) = I87)87 X I87,88 X I88>89 X I89,9o- With the chain index procedure, the price index for every adjacent pair of years has weights from exactly those 2 years. The disadvantage of the chain index procedure is that for price comparisons over a whole period, such as 1987-90, the chain index incorporates all the intervening shifting weights. Thus, if one wants to know the change in the cost of a constant standard of living between 1987 and 1990, the answer is given by the direct index I87>90> which has weights only from 1987 and 1990. It may be difficult to decide which calculation procedure to use. Neither one is best for April 1992 • Jl 52 • April 1992 SURVEY OF CURRENT BUSINESS all purposes. For some purposes, one wants a measure of the total change between 1987 and 1990; this will generally be given by the direct index between 1987 and 1990. However, for other purposes, one wants the best measure for, say, 1989-90, which is obtained from one of the links in the chain index. Because there are different uses for price measures—and also for quantity measures—it is generally advantageous for users to have access both to chain indexes, which are preferable for year-to-year or quarter-to-quarter comparisons, and to some form of direct index, which is preferable for longer term comparisons (1982 to 1987, or 1987 to 1990). To provide measures for different purposes, the new BEA alternative price and quantity measures include both a chain-type index (the annual weighted index) and a form of direct index (the benchmark-years-weighted index), both of which are based on the Fisher Ideal index number formula. One qualification needs to be stated. For very long intervals, the assumptions necessary to produce direct indexes become insupportable. Suppose, for example, one wished to compare the change in a fixed standard of living between 1930 and 1990. Such a question becomes conceptually problematic because over an interval of 60 years, too many changes have occurred in the economy, in the way people live, and in tastes and customs. It might be reasonable to assume that economic conditions are sufficiently constant over, say, 5 years, so that a meaningful cost-of-living index can be computed. Computing one over 10 years poses perhaps a few more problems (for example, new goods are introduced or tastes change), but the calculations may still be useful because the assumptions necessary to make such calculations are not sufficiently implausible as to render the interpretation of the numbers meaningless. The problematical parts become increasingly of concern as the interval lengthens to 15, 20, or 25 years. As one pushes these comparisons back further in time, any economic measurement becomes increasingly uncertain. Measuring the cost of a constant standard living over an interval as long as 500 years or more (which has been tried in some studies in economic history) involves a very large range of uncertainty that cannot be eliminated by any refinements in the formula used for calculating the price index. The new BEA alternative price and quantity indexes provide direct indexes (in the form of the benchmark-years-weighted indexes) that cover the intervals between benchmarks, usually 5 years. Indexes for longer intervals (10 or 15 years or more) are produced by chaining these benchmark-years-weighted indexes together. Using this procedure does not necessarily imply that chain indexes are preferred for long-term comparisons. Rather, it recognizes that time series of index numbers will always require compromise, and the compromise adopted seems a useful one. The benchmark-years-weighted index procedure could readily be adapted to provide direct indexes covering longer intervals (for example, 1977-87, which encompasses two benchmark intervals), and such indexes might be of interest for some purposes. E3 Comprehensive Information on the U.S. Economy SURVEY *»/ CURRENT BUSINESS ^^ ^*^**>>"££* •**. Over 2,000 Ztete Serios — Updated Monthly The SURVEY OF CURRENT BUSINESS provides the broad scope and the statistical detail to keep you informed, month by month, about U.S. economic conditions. It is the journal of record for many of the headline-making economic statistics that influence decisionmakers in business and government, including: Gross domestic product (GDP), Personal income (both national and regional), Leading economic indicators, and U.S. balance of payments. The SURVEY'S articles analyze these numbers and present the statistical detail and methodologies that underlie them. The SURVEY also contains two statistical sections that present an array of economic data from public and private sources. • The "Business Cycle Indicators" section consists of tables and charts for over 250 series that are widely used in business cycle analysis. • The "Current Business Statistics" section consists of tables for over 1,900 series covering general business activities and specific industries. To keep up with the rapidly changing U.S. economy, subscribe to the SURVEY OF CURRENT BUSINESS today. Superintendent of Documents Subscriptions Order Form Order Processing Code: Charge your order. It's easy! *6121 I I YES9 please send me the following indicated subscriptions: To fax your orders and inquiries- (202) 512-2233 subscription(s) of SURVEY OF CURRENT BUSINESS, SCUB: second-class mail—$29.00 domestic, $36.25 foreign; first-class mail—$76.00 domestic. For foreign air mail prices or to place an order by telephone, call (202) 783-3238. The total cost of my order is $_ (Company or personal name) (Additional address/attention line) (Please type or print) Please Choose Method of Payment: I_ I Check payable to the Superintendent of Documents GPO Deposit Account I I I I I I I I ~| I VISA or MasterCard Account (Street address) (City, State, ZIP Code) (Credit card expiration date) (Daytime phone including area code) (Signature) Thank you for your order! Mail to: New Orders, Superintendent of Documents, P.O. Box 371954, Pittsburgh, PA 15250-7954 USA 2/92 Detailed Data on the Structure of the US. Economy THE 1982 BENCHMARK INPUT-OUTPUT ACCOUNTS OF THE UNITED STATES This volume presents the 1982 benchmark input-output (I-O) accounts for the U.S. economy in tables showing: • The production of 541 commodities (goods and services) by each of 541 industries THE 1912 BENCHMARK INPUT-OUTPUT ACCO UNTS OF THE UNITED STATES • The use of these commodities by each industry • The commodity composition of GNP • The industry distribution of value added BEA prepared these accounts primarily on the basis of data collected in the 1982 U.S. economic censuses. Two tables are basic to the accounts. The first, the "make" table, shows the industry production of each commodity in the economy. The second, the "use" table, shows the commodities consumed, or used, by each industry and final consumer. Descriptions of the data sources and methods as well as the industry and commodity classification systems used are included. The "make" and "use" tables provide valuable information to market researchers and others who wish to analyze and project the use of particular products. The major analytical use of the estimates in the I-O accounts is in economic analyses that require the measurement of both the direct and indirect effects of changes in demand. The I-O accounts are also used as a source of weights for preparing price or output indexes. Order your copy today! All data developed for this study are available in machine-readable form; for further information, call BEA at (202) 523-0792. Superintendent of Documents Publications Order Form Order Processing Code: Charge your order It's Easy! *6215 YES, please send me the following: To fax your orders (202) 512-2250 copies of THE 1982 BENCHMARK INPUT-OUTPUT ACCOUNTS OF THE UNITED STATES, S/N 003-010-00226-3 at $19.00 each. The total cost of my order is $ . International customers please add 25%. Prices include regular domestic postage and handling and are subject to change. (Company or Personal Name) (Please type or print) Please Choose Method of Payment: EH Check Payable to the Superintendent of Documents (Additional address/attention line) Q] GPO Deposit Account I I I I I I I 1 ~~ O I VISA or MasterCard Account (Street address) (City, State, ZIP Code) (Credit card expiration date) Thank you for your order! (Daytime phone including area code) (Authorizing Signature) (Purchase Order No.) I rLi3 IXU May we make your name/address available to other mailers? r~j r~j Mail To: New Orders, Superintendent of Documents P.O. Box 371954, Pittsburgh, PA 15250-7954 2/92 SURVEY OF CURRENT BUSINESS April 1992 55 Annual Input-Output Accounts of the U.S. Economy, 1987 THIS REPORT PRESENTS the annual input-output (i-o) accounts of the U.S. economy for 1987, the first annual accounts based on the 1982 benchmark i-o accounts.1 Unlike the 1982 benchmark i-o accounts, the 1987 annual accounts feature gross domestic product (GDP) in place of gross national product as the measure of U.S. production, a change introduced by BEA in last year's comprehensive revision of the national income and product accounts (NIPA'S). (The replacement of GNP with GDP leads to a redefinition of net exports of goods and services to exclude net receipts of factor income.) The NIPA revision also introduced a number of definitional and classificational changes, but these changes have not yet been incorporated into the i-o accounts. The benchmark i-o accounts for 1982 and the annual accounts for 1987 will be revised later this year to reflect these changes.2 Because they are based on the 1982 benchmark i-o accounts, the annual i-o accounts for 1987 are not consistent with those for earlier years, which were based on earlier benchmark accounts. For example, the annual accounts for 1980-86 are based on relationships between industry output and commodity consumption from the 1977 benchmark accounts. The procedure used to prepare annual i-o accounts is basically the same as that used for benchmark accounts; however, the annual accounts are based on less comprehensive and less reliable source data. The procedure for each tables has four steps: (i) Determine industry and commodity output totals, (2) estimate 1. For a description of the 1982 benchmark i-o accounts, see "Benchmark Input-Output Accounts for the U.S. Economy, 1982," SURVEY OF CURRENT BUSINESS 71 (July 1991): 30-71. For the 1982 benchmark i-o accounts at the six-digit level for 541 industries and commodities, see U.S. Department of Commerce, Bureau of Economic Analysis, The 1982 Benchmark Input-Output Accounts of the United States (Washington, DC: U.S. Government Printing Office, December 1991). 2. For information about the comprehensive NIPA revision, see "A Preview of the Comprehensive Revision of the National Income and Product Accounts: Definitional and Classificational Changes," SURVEY 71 (September 1991): 23-31; and "The Comprehensive Revision of the U.S. National Income and Product Accounts: A Review of Revisions and Major Statistical Changes," SURVEY 71 (December 1991): 24-42. the commodity composition of intermediate consumption for each industry based on benchmark relationships, (3) derive each final-use component of GDP and its commodity composition, and (4) balance the accounts.3 The 1987 annual i-o estimates of final use—that is, the estimates of GDP components—differ from the corresponding NIPA estimates for 1987 as published in the comprehensive revision for two reasons. First, the i-o estimates incorporate additional source data and are based on estimating methods that reflect these source data. Second, as previously noted, they do not reflect the definitional and classificational changes incorporated in the comprehensive NIPA revision.4 Table A shows the difference between the NIPA and the i-o estimates of GDP and its components for 1987; in addition, column 4 quantifies the effect of the definitional and classificational changes on the NIPA estimates, and column 5 shows the effects of incorporating the additional source data into the i-o estimates. The 1987 annual i-o accounts, at the two-digit industry/commodity level, are presented in five tables: (i) The make of commodities by industries, (2) the use of commodities by industries, (3) commodity-by-industry direct requirements, (4) commodity-by-commodity total requirements, and (5) industryby-commodity total requirements. The structure of these tables is identical to that of the tables published for the two-digit industry/commodity benchmark i-o accounts except that tables 2 and 3 do not show the components of value added. This report presents only tables i and 2; see the next section, "Data availability", for information about obtaining the other tables. Data availability The 1987 i-o accounts are available in magnetic tape, diskette, and computer printout forms. A magnetic tape containing data in tables i through 5 costs $100 (accession no. 51-92-00-001), a diskette ($1A inch only) costs $20 (accession no. 51-92-40-001), 3. For more detailed information on the preparation of annual i-o accounts, see "InputOutput Accounts of the U.S. Economy, 1981," SURVEY 67 (January 1987): 42-58. 4. The change that recorded exports and imports of services in the NIPA'S on a gross basis does not contribute to the difference between the i-o and the NIPA estimates, because the i-o accounts had previously recorded these series on a gross basis. Table A.—Comparison of GDP Estimates in the NIPA's and in the I-O Accounts, 1987 [Billions of dollars] Effect of NIPA's1 NIPA NIPA's Differdefiniless I-O tional ence I-O and (col. 3accounts accounts (COL 1 — col. 4) classificacol. 2) tional 2 changes /__! (1) (2) Gross domestic product 4,539.9 4531.3 Personal consumption expenditures Gross private domestic investment Net exports of goods and services Government purchases . 3,052.2 749.3 -1431 881 5 2,996.5 751.1 -1435 9272 c 4 (4) (3) 8.6 55.7 -1.8 4 -45.6 C (5) 10.6 -2.0 58.6 -2.9 .4 4 -2.2 0 -456 0 Corrected. 1. The NIPA estimates are from table 1.1 on page 25 in the January 1992 SURVEY OF CURRENT BUSINESS. 2. The definitional and classificational changes are described in the September 1991 SURVEY and quantified in the December 1991 SURVEY. Acknowledgments The 1987 annual i-o accounts were prepared under the direction of Mark A. Planting, Chief of the Auxiliary Studies Branch. Staff contributors were William A. Allen, Timothy D. Aylor, Alvin D. Blake, Cheryl L. Carlson, Esther M. Carter, Patricia L. Crellin, Sergio B. Delgado, Nicholas R. Dopuch, William McCarthy, Timothy C. Mooney, Edward T. Morgan, Diane E. Nisson, Robert S. Robinowitz, Courtney L. Slater, Sinclair L. Szebrat, Dominique P. Watkins, Patricia A. Washington, and Raquel T. Watson. April 1992 SURVEY OF CURRENT BUSINESS and a computer printout costs $55 (accession no. 51-92-20-001). Orders for the magnetic tape must specify the density (1600 DPI or 6250 BPI) and whether or not internal labels are needed. To order, write to Public Information Office, Order Desk, BE-53, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Specify the item, BEA accession number, and price of the product being ordered. For foreign shipment, add 25 percent to the total amount of the order. A check or money order payable to "Bureau of Economic Analysis" must accompany all written orders; be sure to include a return address. To place an order using MasterCard or VISA, call the Interindustry Economics Division at (202) 523-0792. In addition, some of the supplementary tables for the 1982 benchmark i-o accounts—the personal consumption expenditures by NIPA category table, the gross private fixed investment by NIPA category table, and the i-o workfile table—are now available on diskettes. These tables were described in the July 1991 SURVEY OF CURRENT BUSINESS article "Benchmark Input-Output Accounts for the U.S. Economy, 1982." For further information about these products or how to order them, call the Interindustry Economics Division at (202) 523-0792. Tables i and 2 follow. Q! Errata Benchmark Input-Output Accounts The tables for the article "Benchmark Input-Output Accounts for the U.S. Economy, 1982," which appeared in the July 1991 SURVEY OF CURRENT BUSINESS, contained several errors. Some of the headings for table i ("The Make of Commodities by Industries, 1982") and table 5 ("Industry-by-Commodity Total Requirements, 1982") were incorrect. In table i, column 99 should have read "Total industry output." In table 5, on pages 62, 64, and 66, the table explanation should have read "Each entry represents the output required, directly and indirectly, of the industry named at the beginning of the row for each dollar of delivery to final demand of the commodity named at the head of the column." Table 2 ("The Use of Commodities by Industries, 1982") contained errors in the values for "Other agricultural products" on page 42. The corrected inputs are shown below. [Millions of dollars] 1 1 2 Other agricultural products Industry number Livestock and livestock products Other agricultural products Forestry and fishery products Agricultural, forestry, and fishery services Iron and ferroalloy ores mining Nonferrous metal ores mining Coal mining Crude petroleum and natural gas Stone and clay mining and quarrying 1 2 3 4 5 6 7 8 9 24,596 3,091 1,128 Chemical and fertilizer mineral mining 10 SURVEY OF CURRENT BUSINESS April 1992 • 57 Table 1.—The Make of Commodities by Industries, 1987 [Millions of dollars at producers' prices] Justry number For the distribution of industries producing a commodity, read the column for that commodity For the distribution of commodities produced by an industry, read the row for that industry Livestock and livestock products Other agricultural products Forestry and fishery products Agricultural, forestry, and fishery services Iron and ferroalloy ores mining 1 2 3 4 5 Coal mining Crude petroleum and natural gas Stone and clay mining and quarrying Chemical and fertilizer mineral mining 7 8 9 10 Non- ferrous metal ores mining £ Commodity number 1 Livestock a n d livestock products . . . 2 Other agricultural products 3 Forestry and fishery products 4 Agricultural, forestry and fishery services . 5 Iron and ferroalloy ores mining 6 Nonferrous metal ores mining 7 Coal mining 8 Crude petroleum and natural gas 9 Stone and clay mining and quarrying 10 Chemical and fertilizer mineral mining 11 New construction 12 Repair and maintenance construction 13 Ordnance and accessories 14 Food and kindred products 15 Tobacco manufactures 16 Broad and narrow fabrics, yarn and thread mills 17 Miscellaneous textile goods and floor coverings 18 Apparel 19 Miscellaneous fabricated textile products 20 Lumber and wood products, except containers 21 Wood containers 22 Household furniture 23 Other furniture and fixtures 24 Paper and allied products except containers 25 Paperboard containers and boxes 26 Printing and publishing 27 Chemicals and selected chemical products 28 Plastics and synthetic materials 29 Drugs cleaning and toilet preparations 30 Paints and allied products 31 Petroleum refining and related industries . 32 Rubber and miscellaneous plastics products 33 Leather tanning and finishing 34 Footwear and other leather products 35 Glass and glass products 36 Stone and clay products 37 Primary iron and steel manufacturing 38 Primary nonferrous metals manufacturing 39 Metal containers 40 Heating, plumbing and fabricated structural metal products 41 Screw machine products and stampings 42 Other fabricated metal products ... 43 Engines and turbines 44 Farm and garden machinery . . 45 Construction a n d mining machinery .... 46 Materials handling machinery and equipment 47 Metalworking machinery and equipment 48 Special industry machinery and equipment 49 General industrial machinery equipment 50 Miscellaneous machinery except electrical 51 Office computing and accounting machines 52 Service industry machines 53 Electric industrial equipment and apparatus 54 Household appliances 55 Electric lighting and wiring equipment 56 Radio TV and communication equipment 57 Electronic components and accessories 58 Miscellaneous electrical machinery and supplies 59 Motor vehicles and equipment . . 60 Aircraft and parts 61 Other transportation equipment 62 Scientific and controlling instruments 63 Optical, ophthalmic, and photographic equipment 64 Miscellaneous manufacturing 65 Transportation and warehousing 66 Communications except radio and TV 67 Radio and television broadcasting 68 Private electric gas water and sanitary services 69 Wholesale and retail trade .. . 70 Finance and insurance 71 Real estate and rental 72 Hotels' personal and repair services (except auto) 73 Business services 74 Eating and drinking places .. 75 Automobile repair and services 76 Amusements . 77 Health educational and social services and nonprofit organizations 78 Federal Government enterprises 79 State and local government enterprises 82 Government industry 83 Rest of the world industry 84 Household industry 85 Inventory valuation adjustment T Total commodity output * Less than $500,000. . . . . 74968 80836 114 345 1 657 8487 1 080 6 16582 1 520 1 130 5,239 1 (*) 3 26004 1 2 4 1 10 8 77369 2 9917 3 4 1 543 1 42 11 23 2 . .. 59 74,968 80,836 10,258 18,006 1,649 5,245 26,008 77,432 9,975 1,588 SURVEY OF CURRENT BUSINESS April 1992 Table 1.-The Make of Commodities [Millions of dollars 1 For the distribution of industries producing a commodity, read the column for that commodity New construction For the distribution of commodities produced by an industry, read the row for that industry 1 Livestock and livestock products Other agricultural products Forestry and fishery products Agricultural forestry and fishery services Iron and ferroalloy ores mining Nonferrous metal ores mining Coal mining Crude petroleum and natural gas Stone and clay mining and quarrying Chemical and fertilizer mineral mining New construction Repair and maintenance construction Ordnance and accessories Food and kindred products Tobacco manufactures Broad and narrow fabrics yarn and thread mills Miscellaneous textile goods and floor coverings Apparel Miscellaneous fabricated textile products Lumber and wood products, except containers Wood containers Household furniture Other furniture and fixtures Paper and allied products except containers Paperboard containers and boxes Printing and publishing Chemicals and selected chemical products Plastics and synthetic materials Drugs, cleaning and toilet preparations Paints and allied products Petroleum refining and related industries . . . . Rubber and miscellaneous plastics products Leather tanning and finishing Footwear and other leather products Glass and glass products Stone and clay products Primary iron and steel manufacturing Primary nonferrous metals manufacturing Metal containers Heating plumbing and fabricated structural metal products . . . Screw machine products and stampings Other fabricated metal products Engines and turbines Farm and garden machinery Construction and mining machinery Materials handling machinery and equipment Metalworking machinery and equipment Special industry machinery and equipment General industrial machinery equipment Miscellaneous machinery except electrical Office computing and accounting machines Service industry machines , Electric industrial equipment and apparatus Household appliances Electric lighting and wiring equipment Radio TV and communication equipment Electronic components and accessories Miscellaneous electrical machinery and supplies Motor vehicles and equipment Aircraft and parts Other transportation equipment Scientific and controlling instruments Optical ophthalmic and photographic equipment Miscellaneous manufacturing Transportation and warehousing Communications except radio and TV Radio and television broadcasting Private electric gas water and sanitary services Wholesale and retail trade Finance and insurance Real estate and rental Hotels* personal and repair services (except auto) Business services Eating and drinking places Automobile repair and services Amusements Health educational and social services and nonprofit organizations Federal Government enterprises State and local government enterprises Government industry . . . . . Rest of the world industry Household industry ... . .. . Inventory valuation adjustment .. T Total commodity output •Less than $500,000. con- struction Commodity number 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 82 83 84 85 Repair and maintenance 11 12 Ordnance and accessories Food and kindred products Tobacco manufactures Broad and narrow fabrics, yarn and thread mill Miscellaneous textile goods and floor coverings Apparel Miscellaneous fabricated textile products Lumber and wood products, except containers 13 14 15 16 17 18 19 20 3072 262 771 430,911 166047 26,595 1 327548 26364 34483 1 '448 165 21 5 1 1 17 1 45 4 1 15,221 78 19 41 63,264 117 294 22 14865 3 8 66348 70 1 39 2 653 2 36 0 150 117 4 49 2 34 1 1 3 1 1 1 742 0 0 146 20 123 85 11 48 13 34 8 2 21 1 11 69 133 281 371 4 2 8 2 36 0 3 2 1 318 5 2 3 1 283 2 44 1 2 1 (*) 1 5 1 11 2 9 23 57 1 0 47 5 10 10 1 12 153 165 1 8 1 2 8 1 1 1 13 201 1 1 0 n i 0 24 55 63 3 8 2 72 39 76 8 165 27 35,313 16,539 63,762 17,462 68,280 96 33 . . 1 0 1 1 8 1 090 . 3 (*) 0 3 0 . 430,911 166,047 28,168 331,699 26,409 SURVEY OF CURRENT BUSINESS April 1992 • 59 by Industries, 1987—Continued at producers' prices] Wood containers 21 Paper and allied products, except containers Other furniture and fixtures Household furniture 23 22 Paperboard containers and boxes 24 25 Printing and publishing Chemicals and selected chemical products 27 26 Drugs, cleaning and toilet preparations Plastics and synthetic materials 29 28 Paints and allied products Rubber and miscellaneous plastics products Petroleum refining and related industries 31 30 32 Leather tanning and finishing Footwear and other leather products Glass and glass products 34 33 Stone and clay products 36 35 0 144 3 4272 362 54 1 181 98 466 1 5 1 15 198 1 3 28 993 1 89 4 14 13 78603 85 24804 1 21 31 96 559 62 36 9 37 69 528 1 19 n 1 0 2 4 2 10 n 26 61 1 8 1 779 1 3 1 1 24 3 49 643 70 81 670 28 16 39 n 42 32 •j 226 25 1 22 7 2 1 2 5 35 37 0 3 1 2 3 5 30 g 4 28 2 1 1 67 1 1 1 1 200 1 8 1 4 29 5 38 n 171 89 25 1 2 1 22 85 742 (*) 1 1 6 1 n 0 164 10 1 80491 2234 1,247 5348 35659 1 591 65 84 554 119 66118 279 138 62 418 131 107 6 n9 105 50 120 336 153 29 95 13 11 594 64 12 11 1 3 7 1 1 1 2 6 1 0 0 26 3 7 1 n M 36 2 30 1 1 0 1 7 (*) 12 226 18 135468 (*) 30 84 641 198 24 403 6 78 1 2 (*) 4 0 3 1 1 2 n7 1 2 1 1 4 72 168 20 n 7 3 1 1 (*) 31 3 ?P? 3 1 1 31 14 6 240 0 111 5 5 2 147 3 2 4 2 7 6 207 33 15 17 115 106 69 1 373 2 206 24 22 78094 10 i 3 16 g 16 149 10 29 2195 n ( n 1 1 g 59 1506 4 12 12 2 7 153 8 101 n ( ± 2 1 0 2 48 2 1 2 308 2 1 10 125 8 42 145 112 150 n i 138 1 9546 24 7 74 16 1 5 4 61 2 3 g 54 12 1 01 11 2 3 1 16,963 1 1 24 91 99 1 1 23 17771 4 1 12 25 7 164 19 58 170 9 31 25 160 30 163 3 14 8 1 30 39 27 20 2 37 22 36 44 5 98 102 148 8 12 67 106 175 11 56 3 31 2 3 20 n 15,409 1 43 48 44,761 32 5 6 35 1 79 6162 11 71 2 1 64 7 g 13 2 1 129 2 46 2 6 27 11 51 13 7 39 13 41 6 78 20 3 11 17 56 0 5 11 21 20 33 580 18,295 18,431 81,371 25,281 83,204 96,502 43,646 69,200 12,212 140,582 84,585 2,257 6,506 16,168 | £ 46,382 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 82 83 84 85 T SURVEY OF CURRENT BUSINESS 6O • April 1992 Table 1.—The Make of Commodities Industry number | [Millions of dollars For the distribution of industn'es producing a commodity, read the column for that commodity For the distribution of commodities produced by an industry, read the row for that industry Commodity number 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 82 83 84 85 T Livestock and livestock products Other agricultural products Forestry and fishery products Agricultural, forestry and fishery services Iron and ferroalloy ores mining Nonferrous metal ores mining Coal mining Crude petroleum and natural gas Stone and clay mining and quarrying Chemical and fertilizer mineral mining New construction Repair and maintenance construction Ordnance and accessories Food and kindred products Tobacco manufactures Broad and narrow fabrics, yarn and thread mills Miscellaneous textile goods and floor coverings Apparel Miscellaneous fabricated textile products Lumber and wood products except containers Wood containers Household furniture Other furniture and fixtures Paper and allied products, except containers Paperboard containers and boxes Printing and publishing Chemicals and selected chemical products Plastics and synthetic materials Drugs cleaning and toilet preparations Paints and allied products Petroleum refining and related industries Rubber and miscellaneous plastics products Leather tanning and finishing Footwear and other leather products Glass and glass products Stone and clay products Primary iron and steel manufacturing Primary nonferrous metals manufacturing Metal containers Heating plumbing and fabricated structural metal products Screw machine products and stampings Other fabricated metal products Engines and turbines Farm and garden machinery Construction and mining machinery Materials handling machinery and equipment Metalworking machinery and equipment Special industry machinery and equipment General industrial machinery equipment Miscellaneous machinery, except electrical Office, computing, and accounting machines Service industry machines Electric industrial equipment and apparatus Household appliances Electric lighting and wiring equipment Radio TV and communication equipment Electronic components and accessories Miscellaneous electrical machinery and supplies .... Motor vehicles and equipment Aircraft and parts Other transportation equipment Scientific and controlling instruments Optical ophthalmic and photographic equipment Miscellaneous manufacturing Transportation and warehousing . Communications except radio and TV Radio and television broadcasting Private electric gas water and sanitary services Wholesale and retail trade Finance and insurance Primary iron and steel manufacturing Primary nonferrous metals manufacturing 37 38 Metal con- tainers 39 Heating, plumbing, and fabricated structural metal products Screw machine products and stampings Other fabricated metal products Engines and turbines Farm and garden machinery Construction and mining machinery Materials handling machinery and equipment 40 41 42 43 44 45 46 1 7 7 32 91 2 n 0 6 n n 29 1 1 1 28 33 10 5 5 26 0 1 1 2 18 2 70 6 42 1 3 96 11 68 1 6 18 1 24 1 2 1 3 23 n n 13 29 137 3 51 14 1 6 0 1 3 2 4 2 33 1 2 1 1 g 5 63 79 42 115 1 64,813 1 1 471 371 53460 4 n 119 28 406 6 66 56 2 67 11 29 19 12 3 1 159 n .. . 17 6 125 1 n . 11 336 89 17 162 4 102 8 3 10 10 10 8 12 24 28 107 154 81 801 13 0 4 14 12 66,377 55,600 2 3 37 0 8 38 254 428 1 41 785 94 214 53 24 72 12 21 36 128 27 1 371 12 19 41 19 g 6 130 27 24 105 29,758 2 127 3 3 14 29 2,112 323 11 334 121 6 8 2 41,585 43 18 97 8 117 38 238 131 11 129 40 15 69 29 106 238 304 21 13 152 6 65 12,868 9 9 23 23 1 7 241 6 40 2 3 85 8 46 23 5 18 45 102 39 1 22 4 660 1 4 12 7 20 43,968 31,668 46,922 14,569 302 120 1 25 5 85 4 1 108 2 411 509 87 18 1 (*) 38 85 9 4 10,080 208 3 36 27 27 4 1 3 8 4 2 5 25 2 65 1 15 7 5 1 24 67 23 43 10 189 14,553 33 58 19 150 24 138 16 111 26 35 891 6,146 2 40 78 111 43 1 59 49 2 12 28 32 38 1 3 4 169 26 59 16 1 1 1 (*) Real estate and rental Hotels* personal and repair services (except auto) Business services Eating and drinking places Automobile repair and services Amusements Health educational and social services and nonprofit organizations Federal Government enterprises State and local government enterprises Government industry Rest of the world industry Household industry Inventory valuation adjustment Total commodity output * Less than $500,000. 11,688 10,687 15,264 8,134 SURVEY OF CURRENT BUSINESS April 1992 • 6l by Industries, 1987—Continued at producers' prices] Metalworking machinery and equipment Special industry machinery and equipment General industrial machinery and equipment Miscellaneous machinery, except electrical Office, computing, and accounting machines Service industry machines Electric industrial equipment and apparatus Household appliances Electric lighting and wiring equipment Radio, TV, and communication equipment Electronic components and accessories Miscellaneous electrical machinery and supplies Motor vehicles and equipment Aircraft and parts Other transportation equipment 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 1 S 1 12 22 4 2 1 18 4 62 1 1 2 2 5 16 2 3 28 1 3 15 1 1 2 1 4 0 1 15 120 144 1 22 762 288 22 (*) 1 0 10 23 1 42 35 85 4 13 n (') 13 9 2 9 4 19 5 96 86 2 26 20 47 52 25 54 6 189 49 220 145 43 38 140 74 31 15 5 g 33 50 18,346 72 42 57 9 n 6 0 1 927 g 2 2 2383 1 30 0 8 4 17 0 50 34 53 10 45 145 894 9 53 1 15 12 1 11 13 1 0 20,501 16,765 24,473 18,280 60,501 20,961 n 2 32,366 230 2 12 18 g 49 65 2 3 2 1 176 16 58 239 40 53 176 179 20 24 15 6 40 41 42 43 39 181 30 25 45 63 17 44 45 46 6 16 189 143 208 4 1 5 6 47 48 49 50 51 60 102 20 52 53 54 29 336 g 166 115 80,431 42 91 29 30 8 3 45 12 27 2 25 1 1 3 2 12 1 609 16 8 7 1 3206 295 75 154 54 79 9 15,684 99 223 267 10 1 10 71,292 267 181 416 57 549 44571 8 1 5 29 20 181 19,302 249 5 25 34 52 16 491 244 115 77 178 20 183 258 4 15,750 17,253 80,275 49,062 20,503 264 2 14,713 16 260 2 149 9 n 3 38 153 g 2991 25 12 21 14 ' 17 2 341 245 469 124 23 33 137 114 12 21 1 11 21 83 11 15 7 1 8 18 1 2 21 7 34 10 5 3 15 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 22 134 9 n 10 1 4 4 2 1 1 10 8 48 21 72 94 4 96 3 25 30 n1 1 3 2 45 29883 2 27 88 10 3 33 12 16 183 4 (*) 2 4 g 2 233 2 423 8 2 30 9 52 8 3 9 5 7 8 11 3 4 3 n 3 8 66 100 13 2 49 2 29 12 49 5 91 13 77 54 153 183 131 11 59215 11 39 50 320 1 25 4 5 42 123 8 1 20002 53 42 12 3 3 2 5 n 29 n 3 7 30 196 53 12 137 46 170 17,210 19 4 n 1 32 6 106 188 22,241 73 6 0 4 50 16 33 21 237 15,079 245 60 38 2 1 7 2 2 0 ? 294 7 0 n M 0 3 7 7 20 14 (*) 1 2 0 32 110 68 17 89 1 6 9 2 1 286 2 2 1 217 3 3 1 4 47 1 3 1 0 1 7 18 2 3 4 5 6 7 8 9 10 11 12 13 6 0 4 5 65 g 114 3 102 265 14 1 227 9 405 67 20 967 198,597 334 42 4 60 3 46 18 75 24 203,531 7 85,037 9 1 123 67 28,754 14 1 164 29,458 32 33 34 35 36 37 38 39 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 82 83 84 85 T SURVEY OF CURRENT BUSINESS 62 • April 1992 Table 1.—The Make of Commodities [Millions of dollars 1 For the distribution of industries producing a commodity, read the column for that commodity For the distribution of commodities produced by an industry, read the row for that industry - Commodity number Scientific and controlling instruments Optical, ophthalmic, and photographic equipment Miscellaneous manufacturing Transportation and warehousing Communications, except radio and TV Radio and TV broadcasting Private electric, gas, water, and sanitary services Wholesale and retail trade Finance and insurance 62 63 64 65 66 67 68 69 70 1 Livestock and livestock products 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 82 83 84 85 T Other agricultural products Forestry and fishery products Agricultural, forestry, and fishery services Iron and ferroalloy ores mining Nonferrous metal ores mining Coal mining Crude petroleum and natural gas Stone and clay mining and quarrying .. Chemical and fertilizer mineral mining New construction Repair and maintenance construction . Ordnance and accessories . .. . Food and kindred products Tobacco manufactures Broad and narrow fabrics, yam and thread mills Miscellaneous textile goods and floor coverings Apparel Miscellaneous fabricated textile products Lumber and wood products, except containers Wood containers Household furniture Other furniture and fixtures Paper and allied products, except containers Paperboard containers and boxes Printing and publishing Chemicals and selected chemical products Plastics and synthetic materials Drugs, cleaning and toilet preparations Paints and allied products Petroleum refining and related industries Rubber and miscellaneous plastics products Leather tanning and finishing . . .. Footwear and other leather products Glass and glass products Stone and clay products Primary iron and steel manufacturing Primary nonferrous metals manufacturing Metal containers Heating plumbing and fabricated structural metal products Screw machine products and stampings Other fabricated metal products Engines and turbines Farm and garden machinery Construction and mining machinery Materials handling machinery and equipment Metalworking machinery and equipment Special industry machinery and equipment General industrial machinery equipment Miscellaneous machinery, except electrical Office computing and accounting machines Service industry machines Electric industrial equipment and apparatus Household appliances Electric lighting and wiring equipment Radio TV and communication equipment Electronic components and accessories Miscellaneous electrical machinery and supplies Motor vehicles and equipment Aircraft and parts Other transportation equipment Scientific and controlling instruments Optical ophthalmic and photographic equipment Miscellaneous manufacturing Transportation and warehousing Communications, except radio and TV Radio and television broadcasting Private electric gas water and sanitary services Wholesale and' retail trade' Finance and insurance Real estate and rental Hotels' personal and repair services (except auto) Business services Eating and drinking places Automobile repair and services Amusements Health educational and social services and nonprofit organizations Federal Government enterprises State and local Government enterprises Government industry Rest of the world industry Household industry Inventory valuation adjustment Total commodity output 82 2,970 16 2 41 14 10 21 23 34 1 16 95 1 158 80 1 10 13 16 643 53 193 21 5 48 6 7 21 1 8 67 . . ... 45 44 221 1 g 7 1 39 37 81 10 143 26 237 14 37 410 111 74 131 79 2 1 1 01 0 1 11 1 3 13 9 21 84 277 41 56 110 210 260 16 94 2 1 89 26 145 6 11 0 90 25 72 2 (•) o 29382 192 317 11 23,023 19 10 24 8 182 6 24 35 24 43 358 65 3 1 2 86 7 26 30,836 2 8 3 66 2 68 6 73 123 20 2 19 2,603 247,751 132,898 1 752 210,425 838685 456,495 6273 32,790 23,927 33,394 254,105 132,898 1,752 7,216 35520 2,302 1 007 258,752 841,993 63 i 76 456,634 SURVEY OF CURRENT BUSINESS April 1992 • 63 Real estate and rental Hotels; personal and repair services (exc.aulo) Business and professional services except medical Eating and drinking places Automobile repair and services Amusements Health, educational, and social services and nonprofit organizations Federal Government enterprises State and local government enterprises Scrap and used goods Government industry Rest of the world industry Household industry Inventory valuation adjustment Total industry output 71 72 73 74 75 76 77 78 79 81 82 83 84 85 99 33 85 78532 84772 8,487 16582 1,522 5,378 26016 84,755 10342 2,730 430911 166,047 31 387 328702 26420 38,383 16,260 63858 15,294 70959 -16,578 6,766 -16,578 -16,578 8,034,114 T g 47 2 3 7 65 78 52 273 36 2 544 18367 17993 81 454 25522 135366 89515 40557 68,832 11 910 145987 81 561 2,203 6,291 15835 45,869 68778 56294 11 522 44185 31 862 45324 14,050 11 063 16,559 6458 19,768 15865 24,288 18314 65,138 22,750 31 ,789 15,619 17329 74,122 50814 22,747 201,860 83,211 29,323 31 743 25,136 33,257 250441 132,898 30036 210,916 838685 458,568 684447 113,719 480915 211,125 102,802 74,117 487,105 48,534 69,875 465,441 n 15 92 7 7 381 370 50 102 212 120 12 10 21 2 13 4 15 3 45 49 39 10 19 71 95 24 104 10 11 79 69 22 87 818 28,284 191 168 684447 1 044 1904 112617 58 480915 217 210908 314 102488 72 491 1 626 684 3 405 486700 1 843 698 7470 75 416 36,349 18,383 465441 6766 693^12 112620 566314 212,751 103186 73,100 486,700 36,349 18,574 2,985 465,441 6,766 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 82 83 84 85 26 52,491 Industry number | by Industries, 1987—Continued at producers' prices] SURVEY OF CURRENT BUSINESS 64 • April 1992 Table 2.—The Use of Commodities jmmodity number [Millions of dollars For the distribution of output of a commodity, read the row for that commodity For the composition of inputs to an industry, read the column for that industry 0 Industry number 1 Livestock and livestock products Other agricultural products Forestry and fishery products Agricultural, forestry, and fishery services Iron and ferroalloy ores mining Nonferrous metal ores mining Coal mining Crude petroleum and natural gas Stone and clay mining and quarrying Chemical and fertilizer mineral mining New construction Repair and maintenance construction ... . Ordnance and accessories Food and kindred products Tobacco manufactures Broad and narrow fabrics yam and thread mills Miscellaneous textile goods and floor coverings Apparel Miscellaneous fabricated textile products Lumber and wood products, except containers 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 I VA T Total industry outout •Less than $500,000. Other agricultural products Forestry and fishery products Agricultural, forestry, and fishery services Iron and ferroalloy ores mining 1 2 3 4 5 15745 24,384 1 000 2,114 16 2,731 . 6154 33 7 1 141 0 696 742 10,692 27 45 57 18 2 81 1 26 202 565 80 . ... 29 4 2 1 014 85 2 200 75 6 Chemical and fertilizer mineral mining 6 7 8 9 10 1 1 3355 2 17 3 32 311 58 82 329 1 (*) 1 30 (*) 7 52 83 23 27 59 274 356 29 1 1 5 31 2,243 3 247 3 561 69 258 Stone and clay mining and quarrying 666 8 120 17 219 2556 Crude petroleum and natural gas 131 14 35 33 242 Coal mining 453 81 5,821 Non- ferrous metal ores mining 1,705 126 Household furniture Other furniture and fixtures Paper and allied products, except containers Paperboard containers and boxes Chemicals and selected chemical products Plastics and synthetic materials .. .. Drugs, cleaning and toilet preparations Paints and allied products Petroleum refining and related industries Rubber and miscellaneous plastics products Leather tanning and finishing Footwear and other leather products Glass and glass products Stone and clay products Primary iron and steel manufacturing Primary nonferrous metals manufacturing Metal containers Heating, plumbing, and fabricated structural metal products Screw machine products and stampings Other fabricated metal products Engines and turbines Farm and garden machinery Construction and mining machinery Materials handling machinery and equipment . Metalworking machinery and equipment Special industry machinery and equipment General industrial machinery equipment Miscellaneous machinery, except electrical Office computing and accounting machines Service industry machines Electric industrial equipment and apparatus Household appliances . . Electric lighting and wiring equipment Radio TV and communication equipment Electronic components and accessories Miscellaneous electrical machinery and supplies Motor vehicles and equipment Aircraft and parts Other transportation equipment Scientific and controlling instruments Optical ophthalmic and photographic equipment Miscellaneous manufacturing Transportation and warehousing Communications except radio and TV Radio and television broadcasting Private electric gas water and sanitary services Wholesale and retail trade' Finance and insurance Real estate and rental Hotels' personal and repair services (except auto) Business services Fating and drinking places Automobile repair and services Amusements Health educational and social services and nonprofit organizations Federal Government enterprises State and local government enterprises Noncomparable imports Scrap used and secondhand goods Government industry Rest of the world industry Household industry Inventory valuation adjustment Total intermediate inputs Value added Livestock and livestock products 1 18 11 115 38 6 1 1 8 2 206 31 37 442 117 28 5 1 (*) 6 1 1 2 7 3 20 106 1 1 1 90 182 91 55 15 4 4 2 36 1 2 60 31 35 126 62 14 10 50 3818 4 0 4 1 4 3 63 215 18 274 16 3 92 485 95 51 113 117 434 364 10 13 501 25 1 1 73 10 2 41 99 12 21 21 23 21 28 75 79 52 10 92 109 233 118 354 511 56 25 4 107 48 7 993 97 5 554 35 213 128 10 48 26 1 89 6 80 13 597 106 223 32 140 16 24 2 (*) (n i 2 3 6 11 3 1 22 39 0 1 6 13 14 18 119 145 224 522 74 16 67 83 88 81 0 1 25 39 40 91 11 1 2 4 3 8 19 6 24 92 10 10 1 3 1 1 2 43 (*) 319 0 45 1 38 8 6 1 26 70 59 163 1 4 3 10 g 19 7 12 9 18 11 4 0 14 663 216 420 13 1 1 36 3 21 64 0 7 1 9 19 450 1 1 1 1 5 73 14 5 8 2 2 93 23 4 3 6 188 49 4 24 14 345 174 1 2 7 109 35 13 9 596 112 54 64 11 91 7 86 526 205 165 286 19 238 15 150 754 2,098 1,007 8 10 4 10 14 22 8 21 339 936 12 539 33 89 0 44 4 5 19 706 707 217 128 5 62 5 8 831 658 276 149 178 120 332 32 12 2 13 17 1 5 329 71 161 79 18 84 6 3 1 5 9 2 5 . 13 1,935 198 1403 1 696 1,909 2,659 . .. 734 39 49 29 13 71 701 1 329 2933 2,274 5,532 g 149 247 116 995 48 1,024 271 480 167 808 153 407 282 29 74 25 37 21,134 71 2 1 334 607 21 374 16 39 633 15 15 49 16 35 18 8 4 67766 10,766 35852 48,920 3323 5,164 10,351 6,231 2,050 -528 3,759 1,619 11,874 14,141 37,952 46,803 3,557 6,785 1,326 1,404 78,532 84,772 8,487 16,582 1,522 5,378 26,016 84,755 10,342 2,730 3,415 . SURVEY OF CURRENT BUSINESS April 1992 • 65 by Industries, 1987 at producers' prices] New construction Repair and maintenance construction Ordnance and accessories Food and kindred products Tobacco manufactures Broad and narrow fabrics, yarn and thread mill Miscellaneous textile goods and floor coverings Apparel Miscellaneous fabricated textile products Lumber and wood products, except containers Wood containers Household furniture Other furniture and fixtures Paper and allied products, except containers Paperboard containers and boxes Printing and publishing Chemicals and selected chemical products 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 54,560 21 972 2,632 497 210 4 5 2 2504 13 133 3728 89 1 5 1 70 1888 1 10 37 10 ° 1 43 55 1 g 1 111 6 0 4 5 22 309 2 12 6,608 22 4 17 (*) n 2 169 117 4 249 513 190 1 906 7 27 2116 243 239 23 1 362 156 300 16 100 1 184 2,244 625 16 2 0 1 52,685 1 3,795 679 2 1 1,998 92 57 26,689 26 101 5,325 95 913 29 185 835 8 255 1,104 443 3 56 558 1 0 2349 7,699 3,339 2445 4,092 2,858 60 271 2 327 1 6 6,330 847 1,185 79 759 792 23,122 7,372 202 83 216 6,173 2,526 273 52 \ I i 372 401 23 i i 137 42 63 1208 111 4582 2,044 1,032 7,711 3,602 1 1,333 1,778 257 145 1 233 252 2 987 91 1,006 7,864 1,270 1,191 33,775 3,540 2,169 584 52,520 1,581 4,100 27 21 219 92 2 7 i 1 7 3 2,330 12,914 1 450 4025 1 322 237 586 23 8 25 20182 26 158 39 128 152 78 343 55 1,198 39 273 0 2,975 6,410 2,857 1,681 139 132 601 310 39 65 329 34 717 60 105 12 573 3673 69 356 109 145 1 644 155 3 41 5 327 1 56 106 267 466 56 369 302 538 316 1 7 147 125 11 3 3 4 1830 719 5,606 1 6175 16 3746 48 7 n 8,464 2 3 654 1,043 129 121 48 11 954 2 124 744 719 3199 8 45 247 2,760 999 3 46 82 130 1988 29 4 1 113 9 35 1 192 0 102 (*) 3 242 3 14 32 77 130 49 3 5 42 1 76 9 536 802 16 9 45 25,710 6,418 4575 1,454 10907 11 n 145 0 103 1 5 4 14 2 58 16 600 319 538 650 2 1 226 21 26 14 6 266 15 15 163 11 37 1 0 0 i:i 3 5 30 1 5 1 9 81 134 1 n 36 n 15 34 2 411 38 289 3,229 545 13 39 19 353 190 52 29 29 6,805 679 6 2 1 104 22 14 9 10 355 65 2 3 4 294 43 10 13 550 473 291 3 3 53 116 53 14 14 16 1,685 203 372 13,764 1,415 467 132 3,382 405 1,011 6 9 68 29 447 932 196 155 66 2,232 231 21 4 16 15 12 19 4 4,426 18,945 2,370 759 603 14,477 669 209 6 125 470 401 5,396 94 80 445 192 36 15 686 24 23 2 11 57 7 48 1,324 1,908 339 83 369 1,901 158 50 1 54 96 34 25 30 312 763 124 65 79 716 56 16 1 4 46 9 167 31 714 2,431 755 442 312 2,323 382 116 4 51 365 21 63 170 1,013 203 94 110 390 70 3 1,271 3,554 657 345 51 1,728 277 259 2 105 84 21 13 n 298 55 276 530 n 3 337 2 8 409 985 321 28 345 663 362 9 91 1 5 1 096 7 1 5760 n 300 7 n 41 1 4 3 n 2 1 3 2160 n 94 53 97 i 43 1 337 4 44 211 35 97 56 29 181 19 120 8 13,471 1,147 76 3,000 1 702 297 220 81 817 122 60 463 13 0 143 27 1 5 1 1 92 203 115 62 1,323 330 116 2 55 3 5 56 143 897 334 444 10,846 1,136 21 497 208 77 53 18 19 57 20 21 22 23 19,907 282 9,760 2,760 6 487 517 320 17,776 1,226 24 25 26 27 28 339 553 29 30 1,660 1,375 3 1 31 32 33 4 134 34 35 26 7 267 118 196 428 36 37 38 653 39 40 41 64 36 220 88 669 1,496 10 110 16 17 2 227 16 549 1 2 2 18 16 2 31 54 39 388 59 20 46 98 2 217 19 999 n 1 n 0 32 2 11 91 19 3 3 29 6 2 4 Rf 42 43 44 45 46 21 132 30 595 2 36 69 10 28 n 12 13 14 15 1 42 1,372 2,093 241 2 3 4 5 6 7 8 9 10 11 4 3 1 16 29 0 3 22 114 16 31 2 1 9 81 1,323 157 89 3 n 1 151 287 727 6 16 20 10 2 4 11 27 3 33 22 353 4 1 415 0 526 4 1 1 35 588 47 48 168 89 49 35 33 52 53 54 55 56 57 (*) 2 1 6 1 5 1 n 1 6 4 3 1 1 6 (*) 6 5 32 2 12 11 69 1 7 17 8 36 317 47 11 5 3 234 67 44 12 9 2,660 216 15 4 4 1,233 81 469 607 185 2,786 1,225 112 25 8 3,055 248 238 1,277 347 140 26 1,080 152 37 15 53 54 5 33 204 1,098 353 148 37 1,353 100 30 7 32 58 13 6 4,244 4,355 601 216 285 1,642 183 172 2 60 99 150 85 787 356 396 124 90 14 413 90 61 1 5 39 10 2 1,134 4,901 1,371 1,558 577 7,526 1,510 352 25 267 1,905 41 294 6,418 4,601 804 241 89 4,383 387 47 5 46 133 83 719 35 50 51 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 250,503 180,408 72,345 93,702 16,255 15,131 226,181 102,521 8,872 17,548 30,852 7,530 12,551 3,708 40,208 23,649 10,226 5,068 44,275 26,684 574 -30 11,092 7,275 9,495 8,498 48,411 33,043 16,694 8,828 63,416 71,950 54,990 34,526 I VA 430,911 166,047 31387 328,702 26,420 38,383 16,260 63,858 15,294 70,959 544 18,367 17393 81,454 25,522 135,366 89315 T SURVEY OF CURRENT BUSINESS 66 • April 1992 Table 2.-The Use of Commodities [Millions of dollars 1 For the distribution of output of a commodity, read the row for that commodity For the composition of inputs to an industry, read the column for that industry 1 Industry number 1 Livestock and livestock products 2 Other agricultural products 3 Forestry and fishery products 4 Agricultural, forestry, and fishery services 5 Iron and ferroalloy ores mining 6 Nonferrous metal ores mining 7 Coal mining 8 Crude petroleum and natural gas 9 Stone and clay mining and quarrying 10 Chemical and fertilizer mineral mining 11 New construction 12 Repair and maintenance construction 13 Ordnance and accessories 14 Food and kindred products 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 I VA T Broad and narrow fabrics, yarn and thread mills Miscellaneous textile goods and floor coverings Apparel Miscellaneous fabricated textile products Lumber and wood products except containers . . Wood containers Household furniture Other furniture and fixtures . ... Paper and allied products, except containers Paperboard containers and boxes Printing and publishing Chemicals and selected chemical products Plastics and synthetic materials Drugs cleaning and toilet preparations Paints and allied products Petroleum refining and related industries Rubber and miscellaneous plastics products Leather tanning and finishing Footwear and other leather products Glass and glass products . ... Stone and clay products Primary iron and steel manufacturing Primary nonferrous metals manufacturing Metal containers Heating plumbing and fabricated structural metal products Screw machine products and stampings ...... Other fabricated metal products Engines and turbines Farm and garden machinery Construction and mining machinery Materials handling machinery and equipment Metalworking machinery and equipment Special industry machinery and equipment General industrial machinery equipment Miscellaneous machinery, except electrical Office computing and accounting machines Service industry machines Electric industrial equipment and apparatus Household appliances Electric lighting and wiring equipment Radio TV and communication equipment Electronic components and accessories Miscellaneous electrical machinery and supplies Motor vehicles and equipment Aircraft and parts Other transportation equipment Scientific and controlling instruments Optical ophthalmic and photographic equipment Miscellaneous manufacturing Transportation and warehousing Communications except radio and TV Radio and television broadcasting Private electric gas water and sanitary services Wholesale and retail trade Finance and insurance .. . Real estate and rental Hotels' personal and repair services (except auto) Business services Eating and drinking places , -„- ,, Automobile repair and services Amusements Health educational and social services and nonprofit organizations Federal Government enterprises State and local government enterprises Noncomparable imports Scrap used and secondhand goods Government industry Rest of the world industry Household industry Inventory valuation adjustment Total intermediate inputs . .. Value added Total industry output * Less than $500,000. Plastics and synthetic materials Drugs, cleaning and toilet preparations Paints and allied products 28 29 30 1 11 118 101 66 66 21 4 1 76 (*) 6 60 22 Petroleum refining and related industries Rubber and miscellaneous plastics products Leather tanning and finishing Footwear and other leather products Glass and glass products Stone and clay products 31 32 33 34 35 36 2 4 22 2 1 75549 25 182 52 6 415 17 18 314 21 13 122 141 36 590 317 5 37 544 137 30 7 124 4 1 5 26 1 3 10 630 337 26 1 334 13287 1 147 209 85 339 1792 (*) 33 21 0 6 35 18 23 17 102 50 . (*) 269 445 2262 167 7141 71 429 2214 (*) n 56 (*) (*) 69 6 58 93 92 348 28 2008 1 413 2752 69 129 96 27 73 387 7 4 327 201 29 14 3 20 162 36 (*) 1 6 4 53 0 1 7 7 4 739 120 58 24 25 778 267 9 3 6 340 47 1,804 857 2115 4030 3117 3 3 534 169 233 122 2 3,286 13 127 869 7 1 329 5 23 (*) 196 235 8 81 0 13 1 223 62 6 78 10 85 69 26 15 7 297 157 1 410 n 241 6 3 1 201 100 20 654 39 966 25 77 999 4 6 140 179 22 256 0 0 280 71 81 357 148 n 27 63 40 2 0 0 2 60 145 1 45 23 17 29 7 5 66 19 23 0 1,943 753 1 089 91 14 213 516 173 43 5,658 2 6,881 145 168 7 4 0 7 5 n 125 1 4 1,613 1 18 0 38 4 2 167 24 356 747 35 3 g 23 379 190 9 16291 3994 460 8 16 117 469 23 82 1 771 1,037 9,966 (*) 593 63 2 6 602 37 242 521 2 1 658 870 8 12 220 31 54 314 (*) 15 97 47 100 499 1 0 n 0 1 0 1 () 82 15 9 75 36 1 5 0 1 5 0 (*) 0 52 5 2 2 84 108 18 24 5 2 458 331 38 202 13 5 36 41 5 2 59 356 121 37 55 357 50 9 1 5 12 1 3 70 968 864 159 70 37 665 66 62 1 13 38 10 88 93 107 172 0 7 39 556 8 93 3 34 37 75 11 45 0 1 12 18 15 34 3,129 206 92 80 1 50 31 20 149 286 84 8 325 174 67 951 121 634 83 35 27 379 60 22 1 17 40 4 70 26,205 14,353 35,965 32867 7,99? 4,688 114,175 31,813 46,574 34,987 1,775 427 4,225 2,067 8,660 7,176 23,885 21,984 40,557 63832 11,910 145,987 81,561 2,203 6,291 15,835 45,869 237 75 133 1,862 830 365 210 9,066 4,195 4137 2,271 4,675 496 93 638 504 131 2,874 2,260 91 60 3 125 116 20 440 314 89 7 258 115 30 1,232 2,175 0 0 1 4 1,998 1,386 497 167 84 1,682 205 79 1 43 88 13 164 SURVEY OF CURRENT BUSINESS April 1992 • 67 by Industries, 1987—Continued at producers' prices] Primary iron and steel manufacturing Primary nonferrous metals manufacturing 37 38 Metal con- tainers 39 Heating, plumbing, and fabricated structural metal products Screw machine products and stampings Other fabricated metal products Engines and turbines Farm and garden machinery Construction and mining machinery Materials handling machinery and equipment Metalworking machinery and equipment Special industry machinery and equipment General industrial machinery and equipment Miscellaneous machinery, except electrical Office, computing, and accounting machines Service industry machines .£• 40 41 42 43 44 45 46 47 48 49 50 51 52 ° 1 1 2 3 n 1 1 2 1 2 1 n 1 1 1 1 2 1 4 5 1 29 6 11 16 3 2 7 1 6 n 2 2 n 3 7 8 2 1,665 2 185 4339 2,357 53 23 190 86 14 1 1,666 2 250 29 604 297 597 69 81 152 70 101 106 159 181 235 132 6 4 n 5 2 3 1 1 1 1 2 2 2 1 2 2 1 51 2 158 2 6 2 1 (*) 1 138 1 3 1 3 1 1 18 19 64 38 20 21 22 23 17 123 24 99 113 24 25 26 27 28 55 77 29 30 219 2,127 54 308 31 32 33 22 7 1 6 28 7 2 2 (*) 224 98 16 236 45 229 20 98 40 955 914 6 36 273 44 28 46 213 49 136 46 137 23 206 73 10 441 47 825 201 n n n n 34 15 14 11 18 11 4 4 52 8 10 3 4 15 21 g 17 75 52 1,972 6 0 n 39 68 6 84 31 86 4 21 21 165 38 111 31 27 16 7 3 6 49 247 75 324 61 53 n 40 2 4 9 8 9 108 36 22 12 13 14 15 16 17 7 13 9 10 11 128 439 252 11 76 2 31 1 45 8 295 22 228 17 131 20 258 5 48 40 7 25 538 146 556 658 24 15 182 548 41 160 172 830 20 75 10 413 28 522 18 84 105 167 0 435 52 120 44 2 (*) 3 2 0 0 33 34 35 69 6,923 1,231 5 199 5,185 2,650 g 93 1,582 627 74 1,776 89 31 493 83 234 1,482 309 90 1,128 608 191 2,332 1,040 282 748 532 251 329 611 132 1,088 1,162 36 37 38 39 92 137 552 237 188 210 178 104 591 270 40 374 666 464 2,209 107 160 318 1,280 77 427 501 104 155 63 133 176 117 239 144 289 403 163 124 425 84 439 604 455 317 104 41 42 43 3 6 (*) 44 515 12,893 1,292 1 216 366 16,505 0 13 2,185 2,428 615 366 726 30 187 475 6 191 19 555 19 757 18 168 382 3 188 103 35 1,011 249 15 574 118 2 24 511 140 53 660 78 248 277 294 315 202 511 243 1 50 239 141 606 (*) 5 0 R 4 1 44 0 21 (*) 5 10 3 20 0 2 25 42 14 15 2,324 411 17 9 8 2,147 262 2 1 1 209 25 5,260 5,393 536 134 111 4,428 191 63 2 15 156 54 85 2254 2,912 3,436 523 175 124 1,360 135 103 2 39 70 26 340 2740 186 713 80 41 18 338 21 12 56 14 32 746 388 g 552 3,088 379 240 301 1,018 226 88 5 38 80 15 20 85 49,005 19,772 42,007 14,287 7,938 3,584 28,354 15,831 68,778 56,294 11,522 44,185 102 7,889 3,899 1,679 1,726 1,799 2 0 (*) * 31 803 139 238 114 899 (*) 0 n n 0 44 45 46 796 690 5 n 16 7 96 338 31 815 618 246 297 97 220 432 169 464 468 411 34 147 313 472 4 943 9 0 1 0 235 440 73 168 1,764 520 10 333 1,274 507 374 0 87 97 13739 1249 52 1,113 51 2,137 1,823 1 0 235 4 6,767 144 0 53 54 55 56 60 83 22 (*) 3 47 48 49 50 51 0 R n 264 23 130 46 3 15 20 1 11 5 9 28 20 8 4 11 R 11 3 49 1 5 7 5 5 414 272 19 13 21 745 908 2 3 2 143 62 3 3 1 174 31 3 4 10 190 79 2 2 5 55 42 6 9 8 208 110 4 6 3 186 102 25 9 4 320 142 7 9 6 179 70 55 35 68 1,199 557 323 6 50 316 113 600 1,772 328 160 49 1,559 90 76 1 86 52 11 21 876 2,860 508 229 91 1,846 219 67 2 47 89 32 66 30 189 878 100 27 24 363 34 27 2 5 19 7 27 28 111 1,089 59 22 17 448 38 226 1,128 113 46 38 582 61 11 1 3 34 5 140 10 67 443 49 34 14 253 30 10 1 2 16 1 13 276 812 175 151 53 829 135 52 1 20 24 8 75 5 189 1,175 170 102 48 630 87 18 1 8 46 2 72 13 370 1,749 227 105 91 1,024 134 28 6 30 61 8 57 29 245 700 325 200 53 1,484 151 60 2 35 27 4 34 7 655 6,436 1,131 743 790 2,128 555 111 10 55 69 19 610 279 2,047 145 80 71 828 99 19 1 25 16 7 8 17,358 14,504 24,048 21,277 7,923 6,127 6,537 4,526 8,804 7,755 3,560 2,898 8,081 11,687 8,593 7,271 13,714 10,574 8,633 9,681 44,848 20,290 13,344 9,406 1 VA 31,862 45,324 14,050 11,063 16,559 6,458 19,768 15365 24,288 18,314 65,138 22,750 T 1 1 n 1 1 4 4 36 57 58 59 60 61 n 11 5 7 8 (> ! 26 3 31 15 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 SURVEY OF CURRENT BUSINESS 68 • April 1992 Table 2—The Use of Commodities [Millions of dollars 1 For the distribution of output of a commodity, read the row for that commodity For the composition of inputs to an industry, read the column for that industry 0 Industry number Electric industrial equipment and apparatus Household appliances Electric lighting and wiring equipment Radio, TV, and communication equipment Electronic components and accessories Miscellaneous electrical machinery and supplies Motor vehicles and equipment Aircraft and parts 53 54 55 56 57 58 59 60 Other transportation equipment 61 1 Livestock and livestock products 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 VA T Other agricultural products Forestry and fishery products Agricultural, forestry, and fishery services Iron and ferroalloy ores mining Nonferrous metal ores mining Coal mining Crude petroleum and natural gas Stone and clay mining and quarrying Chemical and fertilizer mineral mining Repair and maintenance construction Ordnance and accessories Food and kindred products Tobacco manufactures Broad and narrow fabrics yam and thread mills Miscellaneous textile goods andfloorcoverings .. Apparel Miscellaneous fabricated textile products Lumber and wood products, except containers Wood containers Household furniture Other furniture and fixtures Paper and allied products, except containers Paperboard containers and boxes Printing and publishing Chemicals and selected chemical products Plastics and synthetic materials . . Drugs cleaning and toilet preparations Paints and allied products Petroleum refining and related industries Rubber and miscellaneous plastics products Leather tanning and finishing Footwear and other leather products Glass and glass products Stone and clay products Primary iron and steel manufacturing Primary nonferrous metals manufacturing Metal containers - •Heating, plumbing, and fabricated structural metal products Screw machine products and stampings Other fabricated metal products Engines and turbines Farm and garden machinery Construction and mining machinery Materials handling machinery and equipment Metalworking machinery and equipment Special industry machinery and equipment General industrial machinery equipment Miscellaneous machinery, except electrical Office computing and accounting machines Service industry machines Electric industrial equipment and apparatus Household appliances Electric lighting and wiring equipment Radio TV and communication equipment Electronic components and accessories Miscellaneous electrical machinery and supplies . Motor vehicles and equipment Aircraft and parts Other transportation equipment Scientific and controlling instruments Optical, ophthalmic, and photographic equipment Miscellaneous manufacturing Communications except radio and TV Radio and television broadcasting ... . Private electric, gas, water, and sanitary services Wholesale and retail trade Finance and insurance Real estate and rental Hotels* personal and repair services (except auto) Business services Eating and drinking places .. . . Automobile repair and services Amusements Health educational and social services and nonprofit organizations Federal Government enterprises State and local government enterprises Noncomparable imports Scrap used and secondhand goods Government industry Rest of the world industry Household industry Inventory valuation adjustment .. Total intermediate inputs Value added .... . . Total industry output •Less than $500,000. 2 0 1 5 4 6 5 2 6 2 4 7 180 6 7 4 1 50 8 4 345 2 7 569 115 g 253 4 273 2 218 68 71 2 1 1 34 18 2 1 1 45 126 3 48 273 (*) 1 320 186 874 7 1 1 n .. . 6 16 1 76 19 1 410 38 88 133 79 g 1 1 23 52 393 g 3041 209 5 38 302 17 92 269 4 247 21 124 380 86 153 292 202 272 44 49 248 45 74 2 106 44<1 154 17 477 2343 4537 23 104 735 (*) 21 279 220 147 834 44 704 903 1 64 41 276 1 454 88 294 1 6 39 319 2,579 1,523 3,025 129 673 3 358 611 270 160 145 54 160 90 ... . 66 202 1203 1 168 1,633 502 1,016 321 606 776 1 362 251 15 190 99 800 194 350 115 143 94 404 579 14 1 154 506 8133 6 990 753 9146 6 202 54 11 506 17 10 91 54 48 1 22 206 (*) 214 316 1 473 2,043 1 014 57 807 714 888 283 573 778 87 38 44 82 128 92 1,046 829 91 158 42 151 24 9 49 64 111 193 11 417 5 173 57 75 151 (*) 1 316 2,425 n 365 672 (*) 245 271 330 114 10,796 3111 3543 (*) 30 2,203 100 1 1 532 1 7 41 . 413 980 40 206 (*) 13 2 442 586 (*) 83 138 3 247 2,168 2602 11 682 59 g 233 1 10817 52 6 13 7 1 791 2,097 8 12 12 24 504 522 455 4 99 230 63 5 6 25 303 99 180 64 34 575 630 20 23 23 775 503 14 24 8 558 152 487 219 241 744 943 442 4587 4567 2083 592 511 517 837 354 290 427 111 242 3,559 2,027 1,999 291 29 9 107 268 20 303 299 32 26 132 79 27 214 471 43 41 18 25 10 65 155 2251 434 162 203 1 475 1337 578 487 1 908 2140 3,297 47,647 225 6 38 22 809 32 65 10,387 3,535 1,123 1,870 294 21 329 396 1,857 16214 820 2110 556 184 3 71 5 588 161 87 235 252 166 71 11 119 1,092 73 744 112 6 53 369 116 256 1 864 244 34 26 131 214 22 108 194 379 36 823 91 43 21 12 39 7 16 80 9 123 1 263 93 130 613 85 19 1 12 34 7 31 2 16675 15,113 10,105 5,514 9,244 8,085 35,840 38,282 35,767 15,046 17,041 5,706 145,410 56,450 37,997 45,214 16,557 12,766 31,789 15,619 17,329 74,122 50,814 22,747 201,860 83,211 29,323 1,642 169 36 2 14 60 11 165 0 179 32 61 565 54 16 n 707 1 174 107 187 859 327 577 1 917 3 174 137 49 17 24 96 152 2 209 123 370 158 355 298 156 559 284 n 1 1090 183 258 4,926 402 5,550 20 195 423 98 1,250 1,418 273 1,039 4,249 311 .. .. SURVEY OF CURRENT BUSINESS April 1992 • 69 by Industries, 1987—Continued at producers' prices] Scientific and controlling instruments Optical, ophthalmic, and photographic equipment Miscellaneous manufacturing Transportation and warehousing Communications, except radio and TV Radio and TV broadcasting Private electric, gas, water, and sanitary services Wholesale and retail trade Rnance and insurance Real estate and rental Hotels; personal and repair services (exc. auto) Business and professional services except medical Eating and drinking places Automobile repair and services Amusements Health, educational, and social services and nonprofit organizations 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 2 2 4 39 -5 4 23 3 18 5 1 2 2 17 8 270 4 30 272 13,820 22858 35 82 192 5,838 1 48 1 61 335 399 170 9 25 380 138 3 57 12 153 56 153 963 3 50 1 0 6,668 0 344 1 5 37 1 n 11,586 0 157 1 127 856 103 1,136 7 89 157 442 1,065 288 96 43 406 18 80 591 428 n 3 357 260 372 476 149 466 826 82 28 675 58 1 181 6 41 37 78 167 1,314 82 68 21 296 508 1 560 15,435 1,122 180 305 16 49 42 98 63 3 12 1 1 37 112 176 51 253 416 8 1,029 460 217 455 31 96 2 135 48 23 61 17 776 193 332 52 49 1 1 060 30 11 1 8 4 6 32,628 7 7 55 ?99 1 173 140 4 3 2 22 0 101 39 1 2,291 29 7 3 196 6 39 87 0 22 180 4 347 (*) 21 10 394 8 12 61 46 68 95 503 56 3,531 1 105 27 15 4 0 1432 1,506 0 88 1,263 98 854 136 42,603 12 0 1 176 34 5 1 10 339 690 30 35 n 28 18 21 42 32 241 617 (*) 3 618 8 28 1 3 1 2 3 4 5 6 7 8 9 10 11 12,082 2 4,742 12 13 14 15 59 6 41 19 16 17 57 76 310 514 18 19 186 155 20 21 22 23 3 2 1 7 1 n 2 2 5 141 9 182 701 7,657 2,654 4,062 84 756 3 5,706 10 494 12 1,118 315 434 13 772 2,089 1,714 36 4,513 560 808 974 255 48 65 2 57 14 146 3 246 84 3,007 128 10,396 4,356 3 24 25 26 27 28 213 20 50 970 1 680 % 207 6 607 16 1 7,282 29 30 13 2 5,332 474 8,023 1,828 766 119 639 511 584 1,182 1,240 1,761 301 2,047 782 148 116 238 2,079 6,156 1 1 66 20 2 62 117 18 257 33 38 42 12 1 9 8 47 1 289 423 383 3 14 29 42 110 15 31 611 64 1 6 2 764 420 30 3 10 45 707 199 17 13 63 4098 3,097 113 14 160 82 719 180 75 355 17 2,132 1 13 1 61 21 n 11 1 429 46 1,068 1 2 1 70 579 1 2 ii 188 30 126 35 12 52 46 120 223 3 1 4 152 181 234 22 38 721 23 253 9 2 250 166 1 170 33 0 4 1 28 6 272 274 31 32 33 34 35 36 37 38 39 40 41 42 43 (*) 44 45 46 12 7 47 48 2 49 80 5 57 20 57 10 321 163 6 208 2 17 44 806 186 1,040 279 5 505 2 10 5 36 115 50 51 392 18 801 196 277 42 24 447 150 30 14 1 15 52 53 54 212 62 173 8 381 75 59 3 9 43 751 15,017 4 10 453 220 203 273 174 6 55 56 57 58 59 60 159 6 61 O 12 289 2,165 649 70 18 24 712 429 16 177 208 367 515 3,196 812 823 3,584 5,246 4,247 9,883 5,021 6,054 880 13,210 1,073 146 1,393 497 291 302 49 584 4,386 798 1,727 1,562 2,455 454 299 6 68 188 74 12 1,205 465 626 3,779 479 7,270 672 265 13,912 299 399 68 156 5,437 7,926 4,238 33,030 2,374 22,971 2,833 588 867 8,683 2,884 317 591 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 3 208 0 164 1 3 26 697 214 8 1 81 83 51 20 158 790 42 32 99 18 99 71 14 232 48 136 44 1 313 9 38 2 2461 224 188 822 8 1 7 4 467 18 444 9 325 156 17 21 2,026 611 104 18 75 135 33,074 2,903 8 69 97 340 834 540 37 36 3,765 305 143 375 884 8,661 11,922 13 922 560 6,966 7,704 3 87 116 1,432 1,591 29 427 1,387 946 1,447 373 1,501 261 211 56 1,402 227 171 22 110 76 11 167 255 1,247 465 111 83 1,661 127 58 16 148 37 7 394 421 2,563 520 253 72 2,831 428 74 10 140 160 10 948 2,415 3,979 7,361 4,403 777 10,413 3,225 2,495 62 358 311 192 7,501 1,195 954 1,910 2,227 404 4,257 647 174 670 191 332 30 4,735 2 195 10 218 203 999 45 172 283 1,159 315 999 284 9 9,451 75 25 22 22,239 1,582 6,132 716 584 2,938 301 94 7 281 579 28 22 19,215 11,763 13,500 40,350 8,004 93,187 19,050 8,364 1,161 1,345 4,167 1,013 2,919 1,840 1,237 112,088 12,542 2,579 43,230 8,552 398 154 584 7,575 64 4,660 446 960 23,570 50,993 1,367 16,539 4,252 228 64 369 557 99 57 3,539 3,398 1,954 4,166 1,562 8,744 563 257 28 760 478 256 71 177 1,717 780 3,627 5,963 305 1,831 3,819 4,804 11,914 3,420 57,277 3,782 1,477 283 1,798 2,488 160 1,631 43 6 850 1,437 15 34 218 213 24 30 42 i? 140 120 457 849 n 86 18 121 39 64 142 37 293 117 38 703 284 5,890 4 1,355 1 79 4 1 6 3 34 4,085 137 154 46 440 0 101 285 240 106 211 273 33 0 39 5 3 580 406 978 1 482 44 0 165 3 11 2 2 1 202 42 f 81 82 83 84 85 528 14,227 17,516 12,398 12,738 21,312 11,945 110,615 139,825 33,500 99,398 14,811 15,225 98,402 112,514 283,928 554,757 222,073 236,494 143,632 540,814 44,043 69,676 128,018 352,897 98,724 112,401 42,230 60,572 34,376 39,741 161,545 325,560 I VA 31,743 25,136 33,257 250,441 132398 30,036 210,916 838,685 458,568 684,447 113,719 480,915 211,125 102,802 74,117 487,105 T SURVEY OF CURRENT BUSINESS /O • April Table 2.-The Use of Commodities [Millions of dollars For the distribution of output of a commodity, read the row for that commodity { For the composition of inputs to an industry, read the column for that industry Industry number 1 Livestock and livestock products 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 I VA T Other agricultural products Forestry and fishery products Agricultural, forestry, and fishery services Iron and ferroalloy ores mining Nonferrous metal ores mining .. Coal mining Crude petroleum and natural gas Stone and clay mining and quarrying Chemical and fertilizer mineral mining New construction Repair and maintenance construction Ordnance and accessories . . . Government industry Rest of the world industry Household industry Inventory valuation adjustment 78 79 82 83 84 85 2 589 9 3 52 614 773 586 0 5,744 15,959 17 6 1 114 -75 45 25 499 21 1 6 14 3 32 18 546 45 36 928 33 2,441 133 1 14 4 1 1 3 93 1 n . . . 0 16 16 126 5 7 . . . . . 2 2 33 69 126 9 51 1 1 17 437 14 166 3 14 489 31 65 1 21 77 147 3 9 20 84 3,290 231 109 4 13 30 678 232 663 656 93 1,072 54 915 179 855 8 35 648 38 844 10,643 2,843 572 461 55 1,068 120 57 2 58 45 5 2 18 15 16 0 Total intermediate use 72,602 57,883 11,358 16,553 2,067 6,063 22,604 105,052 9,786 1,666 156 114,176 2,381 121,876 3,795 34,347 9,555 14,417 8,458 68,381 594 810 2,556 69,625 24,475 46,451 84,187 39,558 20,848 11,117 77,549 75,555 2,433 1,048 15,187 46,088 74,382 58,531 11,610 38,414 29,664 44,307 11,111 2,731 4,134 3,132 8,683 3,926 15,410 13,607 16,550 12,038 19,755 3,035 15,757 14,299 46,878 10,232 68,336 14,337 2,847 12,173 7,067 10,610 138,432 54,958 537 138,561 250,363 218,909 219,864 34,077 454,426 59,009 31,408 28,716 19,528 27,872 4,321 39,628 7,398 n 17 Food and kindred products •Less than $500,000. State and local government enterprises ... Broad and narrow fabrics, yarn and thread mills . Miscellaneous textile goods and floor coverings Apparel Miscellaneous fabricated textile products Lumber and wood products, except containers Wood containers Household furniture Other furniture and fixtures Paper and allied products except containers Paperboard containers and boxes Printing and publishing Chemicals and selected chemical products Plastics and synthetic materials Drugs, cleaning and toilet preparations Paints and allied products Petroleum refining and related industries Rubber and miscellaneous plastics products Leather tanning and finishing Footwear and other leather products Glass and glass products Stone and clay products .... Primary iron and steel manufacturing Primary nonferrous metals manufacturing Metal containers . Heating, plumbing, and fabricated structural metal products Screw machine products and stampings' Other fabricated metal products Engines and turbines Farm and garden machinery Construction and mining machinery Materials handling machinery and equipment Metalworking machinery and equipment Special industry machinery and equipment General industrial machinery equipment Miscellaneous machinery except electrical Office, computing, and accounting machines Service industry machines Electric industrial equipment and apparatus Household appliances Electric lighting and wiring equipment Radio TV, and communication equipment Electronic components and accessories Miscellaneous electrical machinery and supplies Motor vehicles and equipment Aircraft and parts Other transportation equipment Scientific and controlling instruments Optical ophthalmic and photographic equipment Miscellaneous manufacturing Transportation and warehousing Communications except radio and TV Radio and television broadcasting Private electric gas water and sanitary services Wholesale and retail trade Finance and insurance Real estate and rental Hotels' personal and repair services (except auto) Business services Eating and drinking places Automobile repair and services Amusements Health educational and social services and nonprofit organizations Federal Government enterprises State and local government enterprises Noncomparable imports Scrap used and secondhand goods Government industry Rest of the world industry Household industry Inventory valuation adjustment Total intermediate inputs Value added Total industry outout Federal Government enterprises 2 3,502,812 19,649 28,885 38,508 31,367 465,441 6,766 -16,578 48,534 69,875 465,441 6,766 -16,578 April 1992 • Jl SURVEY OF CURRENT BUSINESS by Industries, 1987—Continued at producers' prices] Personal consumption expenditures Gross private fixed investment fixed investment Change in business inventories Exports 91 92 93 94 2,997 16,173 3,481 507 -547 -1,139 96 237 399 38 40 3 1,278 206,654 20,385 2,318 4,638 71,036 9,114 1,221 18,699 1,654 12,279 319 26,872 1,735 344,149 20,783 222 2,544 4 i',507 14,348 795 46,480 458 56,621 11,363 13,644 1,531 2,940 8 62 486 1,190 3,224 461 250 554 210 31 2,001 913 144 11,906 2,510 21,190 1,035 4,423 104,378 179 10,701 4,198 4,251 25,243 67,990 60,338 1,215 102,595 485,635 214,863 434,703 75,677 54,783 157,120 65,734 42,543 457,245 7,078 13,827 31,053 13,670 Federal Government purchases 74 14 36 23 3,383 1,874 2,316 7,844 8,404 4,634 13,190 15,046 10,978 38 34,641 7,007 10,998 2,890 385 33,977 2 4,667 67,660 8,797 6,520 12,543 9,020 5,384 4,626 7,015 49,316 125 -51 247 437 5 -37 595 889 -67 756 158 1,214 238 936 9 -256 46 960 96 2,691 -15 409 1,019 151 2,511 1,290 26 536 82 518 965 982 -20 840 209 515 225 383 108 64 79 248 164 71 499 403 161 -253 478 468 733 570 9,766 2,235 2,175 480 1,356 2,454 1,137 3,993 22,175 7,099 24 108 86 -25,706 -22 565 -30,712 6,766 Imports 560 11,993 461 65 316 293 2,325 2,244 539 105 15 81 559 13,149 3,163 1,220 838 1,097 571 3,698 8 315 404 5,450 282 1,695 16,298 5,608 4,297 348 6,759 3,641 397 334 814 1,216 1,405 3,461 142 939 2,116 2,562 2,910 1,230 4,639 522 2,126 2,486 4,454 1,492 17,707 1,205 3,919 1,028 1,379 5,624 9,583 3,974 23,108 20,936 1,363 4,771 3,396 3,221 27,441 2,494 320 25,233 15,688 10,393 95 5,390 271 22 1,165 161 169 4,821 95 Nondefense -2,217 -3,665 -16 -525 -811 -334 -486 -63 -30,181 -279 -359 -500 -18,286 287 -156 -6 5 15,450 5,058 23,519 498 2 14 -334 -487 61 n 6 -2,577 -1,112 85 1 226 7,305 3,066 21,702 171 -133 -1,542 -11,258 -1,949 -8,094 -206 -15,753 -9,197 -600 -9,207 -1,828 -4,707 -10,604 -7,253 -160 -834 -2,117 -6,706 -3,531 -2,057 -3,338 -1,332 -4,619 -5,331 -7,194 44 -18,247 -1,421 -3,870 -3,135 -3,874 -23,250 -12,967 -^,448 -79,081 -5,447 -3,061 -5,760 -6,413 -15,995 -2,325 -1,747 15,533 -3^36 -i"453 -64 -9 -60,585 119 31,624 17 525 3 1,136 337 1 34 30 86 117 -277 -253 6 17 1 51 6 2 34 63 156 19 280 2,348 1 260 3 337 167 1 2 41 41 32 -24 86 739 300 597 907 29 71 1,107 289 124 486 2,778 5,143 122 1,021 74 58 26,992 3,616 652 3,186 43,987 7,988 1,361 1,926 229 9,481 3,297 86 544 259 436 748 26 62 1,091 250 114 423 2,696 3,644 99 705 69 27 25,594 3,330 461 2,670 41,549 7,323 874 1,347 140 9,102 2,057 195 41 161 159 3 10 16 39 10 63 81 1,499 23 317 5 31 1,398 286 191 516 2,439 665 486 578 88 379 1,240 3,390 4,773 1,706 969 1,302 30,346 347 3,917 559 7,638 -42 124 9,458 538 149,554 2,358 4,404 75 363 962 22,287 263 3,863 358 720 209 104 8,023 -169 -343 108,240 -555 Other 98 99 798 39 268 8 263 209 135 74 206 71,140 25,949 113 6,919 -6 167 57 875 437 132 10,091 6,298 1 4,569 -2 71 9 15 114 66 206 61,049 19,651 113 2,350 -4 96 48 860 323 66 124 1,623 2,514 186 6,028 2,582 2 3,865 339 11,423 1,355 93 945 1,331 41 4,103 798 1 255 267 4,923 99 31 678 1,182 144 1,926 1,784 1 3,611 72 6,501 1,256 114 312 200 59 58 8 1 305 550 170 277 1,245 7 198 58 174 220 2,207 695 238 206 562 975 182 432 6,178 13 925 3,025 3,325 2,248 7,324 4,796 1 85 80 7 5 5 114 227 120 52 53 4 101 720 -360 62 452 -368 535 1,032 369 1,631 606 340 8,058 84 54 202 6,918 -251 20 1,435 881 41,314 2,366 22,953 -1,100 1,454 -418 -818 -109 5 8,145 1,992 1,817 328 84 21 464 180 42 7 50 100 263 57 1,009 2,179 18 785 6 1,472 504 2 36 71 127 149 -912 78 3 463 129 36 5 15 37 107 38 728 Education -156 -6 -663 -3,579 -1,272 -25,341 -1,535 -6,134 -39 -2,955 -2,299 -9,720 Total 97 96 8 -2,577 -1,112 99 -753 Total commodity output GDP National defense Total State and local government purchases -109 3,404 -27,619 190 -78 430,755 51,871 25,787 209,824 22,613 966 6,984 49,345 9,005 -100 -14 17,485 15,875 11,746 807 36,753 12,315 4,088 48,352 1,096 63,033 9,030 -175 15,633 7,149 8,705 5,709 1,469 16,199 -3,995 1,999 182 2,137 1,272 302 382 1,581 315,888 3' jl 233 186 97 3 117 54 115 1,458 471 152 84 335 684 85 39 1,571 92 166 1,597 1,373 4,592 2,185 5,306 2,983 531 656 -952 6,536 -6,525 773 192 -1,105 124 151 375 325 173,090 72 364 170 180 1,245 4 81 3 174 105 748 224 86 122 226 291 97 393 4,607 13 833 2,859 1,728 875 2,732 2,612 10,328 4,165 8,174 5,052 2,421 9,663 2,530 1,226 -10 3,242 1,148 151 6 1,255 142,798 74,968 80,836 10,258 18,006 1,649 5,245 26,008 77,432 9,975 1,588 430,911 166,047 28,168 331,699 26,409 35,313 16,539 63,762 17,462 68,280 580 18,295 18,431 81,371 25,281 83,204 96,502 43,646 69,200 12,212 140,582 84,585 2,257 6,506 16,168 46,382 66,377 55,600 11,688 43,968 31,668 46,922 14,569 10,687 15,264 8,134 20,501 16,765 24,473 18,280 60,501 20,961 32,366 15,750 17,253 80,275 49,062 20,503 203,531 85,037 29,458 32,790 23,927 33,394 254,105 132,898 1,752 258,752 841,993 456,634 693,812 112,620 566,814 212,751 103,186 73,100 486,700 36,349 18,574 5,458 981 294 -6,005 -2,930 79 5,554 2,004 2,616 3,458 7,956 11,130 5,002 11,817 12,839 9,063 4,673 43,951 8,923 12,611 12,715 1,496 65,976 2,184 10,271 135,195 70,700 26,611 20,618 16,860 22,784 115,673 77,940 1,215 120,191 591,631 237,725 473,949 78,543 112,388 153,742 71,779 44,385 467,172 8,477 14,253 -39,628 -4,413 465,441 2,985 465,441 6,766 -16,578 6,766 -16,578 -356 -16,578 4,531,303 2,996,504 721,584 29,509 348,139 -491,624 377,907 292,052 85,855 549,284 233,130 316,154 8,034,114 i 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 I VA T SURVEY OF CURRENT BUSINESS April 1992 Personal Income by Region and State • Total Personal Income, Fourth Quarter 1991 • Per Capita Personal Income, Year 1991 This article was written by Howard L. Friedenberg and Rudolph E. DePass. The estimates of State personal income were prepared by the Regional Economic Measurement Division. Total Personal Income Per Capita Personal Income ST\ ERSONAL INCOME in the Nation grew slightly JL faster in the fourth quarter of 1991 than in the third quarter. It increased 0.9 percent after increasing 0.7 percent; it had increased 1.1 percent in the second quarter and o.i percent in the first.1 Personal income growth picked up in 34 States. Particularly sharp upswings occurred in the farm States of North Dakota, Montana, South Dakota, Kansas, and Idaho. (See tables i and 2 at the end of this article.) Despite the fourth-quarter pickup, personal income in the Nation grew more slowly in 1991 than in 1990. It increased only 3.2 percent in 1991 after increasing 6.5 percent in 1990. Per capita personal income growth in the Nation slowed in 1991 for the third consecutive year. Per capita income increased 2.1 percent in 1991 after increasing 5.4 percent in 1990, 6.9 percent in 1989, and 7.1 percent in 1988. The increase in 1991 was the smallest since 1958. Prices as measured by the personal consumption expenditures fixed-weighted price index increased 4.1 percent in 1991—the first year since 1982 in which per capita income increased less than prices. The slowdown in per capita income growth in 1991 encompassed all 50 States; it had encompassed 40 States in 1990 and 25 States in 1989. Only Wyoming, Montana, North Dakota, Hawaii, and Louisiana had per capita income increases larger than the 4.i-percent increase in U.S. prices in 1991. (See tables 3, 4, and 5 at the end of this article.) i. These percent changes are not at annual rates. Per Capita Personal Income as a Percent of the U.S. Average, 1982-91, BEA Regions Percent 125 New England 120 115 110 105 100 Great Lakes Coastal Southeast1 Plains 95 .. 90 85 Rocky Mountain •^•"••.r-L -/• •? Southwest 2 Interior Southeast 80 JL J_ -L J^ 1982 1983 1984 1985 1988 1987 1988 1989 1990 1991 1. Coastal Southeast consists of Florida, Georgia, North Carolina, South Carolina, and Virginia, 2. Interior Southeast consists of Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Tennessee, and West Virginia* y($, Department of Commerce, Bureau of Economic Analysis Narrowing in regional and State differences Regional differences in per capita personal income as a percentage of the U.S. average narrowed during 1988-91 after widening during 1982-88 (chart i).2 During 1988-91, per capita income converged toward the U.S average in the high-income New England and Far West regions and in the low-income Interior Southeast, Southwest, Rocky Mountain, and Plains regions.3 In contrast, during 1982-88, per capita income had diverged from the U.S. average in each of these regions except the Far West. In the highincome Mideast region, per capita income was unchanged as a percentage of the U.S. average during 1988-91 after diverging from the average during 1982-88. State differences in per capita income also narrowed during 1988-91, in a pattern similar to that 2. For a discussion of the widening during 1982-88, see "Regional Perspectives," SURVEY OF CURRENT BUSINESS 69 (April 1989): 35-36. 3. "High-income" ("low-income") regions are those with per capita incomes above (below) the U.S. average in 1991. In this article, per capita income "convergence" ("divergence") over time means that per capita income in the ending year of a timespan was closer to (further from) the U.S. average, in percentage terms, than in the beginning year of the timespan. For example, per capita income in New England converged to 118 percent of the U.S. average in 1991 from 121 percent in 1988. SURVEY OF CURRENT BUSINESS of regions. In most of the States with the highest and lowest per capita incomes in 1991, per capita income converged toward the U.S. average during 1988-91 after diverging from the average during 1982-88 (table A). April 1992 • 73 the Interior Southeast, the Southwest, the Rocky Mountain, or the Plains region. In Mississippi, Arkansas, Louisiana, Kentucky, Alabama, and Tennessee, average or above-average growth in personal income combined with slow growth in population to produce above-average increases in per capita income. In most of these States, personal income growth was boosted by aboveaverage gains in earnings in manufacturing, in construction, and in most private service-type industries. In Utah, New Mexico, and Idaho, fast growth in personal income more than offset fast growth Highest-income States.—Per capita incomes in 9 of the 15 highest-income States converged during 1988-91; all nine except Virginia are in the New England, the Mideast, or the Far West region. In Connecticut, Massachusetts, New Hampshire, and New Jersey, slow growth in personal income led to below-average increases in per capita income despite slow growth in population; in these States, personal income growth was dampened by sharp declines in construction earnings and below-average gains in earnings in manufacturing and in most private service-type industries.4 In Maryland, Delaware, California, and Nevada, fast growth in population led to below-average increases in per capita income despite near- or above-average growth in personal income. Changes in Per Capita Personal Income An area's per capita personal income can change in relation to the U.S. average because its total personal income, its population, or both may grow faster or slower than the U.S. average. For example, in Virginia, per capita income during 1988-91 converged from 106 to 105 percent of the U.S. average; the below-average increase in per capita income (4.2 percent, compared with the U.S. average of 4.8 percent) reflected slow growth in personal income (5.6 percent, compared with 5.8 percent) and fast growth in population (1.4 percent, compared with i.o percent). Lowest-income States.—Per capita incomes in all of the 15 lowest-income States converged during 1988-91; all except South Carolina are in 4. "Private service-type industries" refers to transportation and public utilities; wholesale trade; retail trade; finance, insurance, and real estate; and services. Table A.—Per Capita Personal Income and Its Components for Selected States and the United States, 1982, 1988, and 1991 Per capita personal income Rank in 1991 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 Percent of U.S. average Dollars Selected States Average annual percent change 1988 1982 1988 1991 Highest-income States: Connecticut New Jersey Massachusetts New York Maryland Alaska Hawaii California New Hampshire Illinois Delaware . . .. Virginia Washington Colorado Nevada 14,411 13,965 12,695 12,692 12,704 17,213 11,805 13,216 11,596 12,417 12,014 11,622 12,024 12,680 12,428 22,958 22,200 20,607 19,403 19,507 18,635 17,014 18,695 19,437 17,961 17,944 17,675 16,451 16,669 17,176 25,881 25,372 22,897 22,456 22,080 21,932 21,306 20,952 20,951 20,824 20,349 19,976 19,442 19,440 19,175 125 121 110 110 110 150 103 115 101 108 104 101 105 110 108 138 134 124 117 118 112 102 113 117 108 108 106 99 100 103 United States 11,497 16,600 19,082 100 Lowest-income States: South Dakota Tennessee North Dakota Montana Oklahoma Alabama Kentucky South Carolina Idaho Louisiana New Mexico Arkansas Utah West Virginia Mississippi 9,543 9,248 10,568 10,097 11,451 8,879 9,307 8,744 9,324 10,307 9,541 8,654 9,042 9,064 8,038 12,906 14,118 12,488 12,943 13,572 13,145 13,018 13,222 12,948 12,611 12,693 12,469 12,220 11,973 11,321 16,392 16,325 16,088 16,043 15,827 15,567 15,539 15,420 15,401 15,143 14,844 14,753 14,529 14,174 13,343 83 80 92 88 100 77 81 76 81 90 83 75 79 79 70 1982 1991 Per capita personal income Total personal income Population 1982-88 1988-91 1982-88 198&-91 1982-88 1988-91 136 133 120 118 116 115 112 110 110 109 107 105 102 102 100 8.1 8.0 8.4 7.3 7.4 1.3 6.3 6.0 9.0 6.3 6.9 7.2 5.4 4.7 5.5 4.1 4.6 3.6 5.0 4.2 5.6 7.8 3.9 2.5 5.1 4.3 4.2 5.7 5.3 3.7 8.8 8.7 9.1 7.7 8.9 4.5 7.8 8.4 4.3 4.8 3.7 5.2 5.7 7.4 9.6 6.1 3.2 5.5 6.0 5.6 8.5 6.5 0.7 .6 .6 .3 1.4 3.2 1.4 2.3 2.2 0 1.3 1.6 1.4 1.1 3.4 0.2 .2 .1 .2 1.4 1.7 1.7 2.2 .7 .4 1.6 1.4 2.6 1.2 6.1 100 100 6.3 4.8 7.3 5.8 .9 1.0 78 85 75 78 82 79 78 80 78 76 76 75 74 72 68 86 86 84 84 83 82 81 81 81 79 78 77 76 74 70 5.2 7.3 2.8 4.2 2.9 6.8 5.8 7.1 5.6 3.4 4.9 6.3 5.1 4.7 5.9 8.3 5.0 8.8 7.4 5.3 5.8 6.1 5.3 6.0 6.3 5.4 5.8 5.9 5.8 5.6 5.4 8.0 2.5 4.1 2.7 7.2 5.7 8.2 5.8 3.2 6.4 6.6 6.6 3.7 6.0 8.6 5.9 7.6 7.8 5.3 6.4 6.4 6.7 7.8 6.0 6.7 6.2 7.6 5.2 5.8 .2 .6 -.3 -.1 .2 .4 0 1.0 .2 -.2 1.5 .4 1.4 .2 .9 11.4 6.3 8.3 8.9 6.8 5.8 9.1 10.1 -1.0 .2 -1.1 .3 .1 .5 .3 1.4 1.8 -.3 1.3 .4 1.6 -.5 .1 74 • April 1992 SURVEY OF CURRENT BUSINESS Relation to the Revised National Estimates The estimates of the components of State personal income reflect the 1991 comprehensive revision of the national income and product accounts (NIPA'S) only to the extent that quarterly movements in the component NIPA series were used as extrapolators to derive national control totals for 1991.l The comprehensive revision of the NIPA estimates for 1991 and earlier years will be incorporated into the annual and quarterly State estimates later in 1992. As noted in the January 1992 SURVEY OF CURRENT BusiNESS,2 the quarterly NIPA estimates of wages and salaries are usually based on monthly data on employment, hours, and earnings from the Bureau of Labor Statistics establishment survey. For the quarters of 1991, the NIPA estimates incorporate adjustments to reflect the considerable divergence between the monthly employment data for the first quarter of 1991 from the establishment survey and the first-quarter tabulations of employment covered by unemployment insurance, which became available last September. The downward adjustments to NIPA wages and salaries (at annual rates) amounted to $15 billion in the first quarter and $10 billion in each of the remaining three quarters. In preparing the 1991 State estimates, the adjustments to the national wage and salary estimates were reviewed in light of newly available data on unemployment insurance tabulations for the first three quarters of 1991. Based on this review, no changes were made to the adjustments. 1. For a description of the NIPA revision, see "The Comprehensive Revision of the U.S. National Income and Product Accounts: A Review of Revisions and Major Statistical Changes," SURVEY OF CURRENT BUSINESS 71 (December 1991): 24-42. 2. See boxes on pages 4 and 141 of the January 1992 SURVEY. in population, producing above-average increases in per capita income. In these States, the fast growth in personal income reflected aboveaverage gains in earnings in mining (except in Idaho), manufacturing, construction, and trade. In North Dakota, South Dakota, and Montana, fast growth in personal income combined with slow growth in population to produce aboveaverage increases in per capita income. In these States, personal income growth was boosted by above-average gains in farm income and in earnings in construction and retail trade. Tables i through 5 follow. H SURVEY OF CURRENT BUSINESS April 1992 • 75 Table 1.—Total Personal Income, States and Regions [Millions of dollars, seasonally adjusted at annual rates]. 1988 State. and region I- United States1 II r 1989 r lll IV r \r II r 1990 r lll IV r r \ II r Percent change 1991 III' IV r I' II ' III' IV 3,938,098 4,021,956 4,095,850 4,181,025 4295,549 4,353,008 4,393,189 4,470,917 4,572,654 4,642,888 4,699,177 4,741,509 4,746203 4,796,329 4,830,327 4,875,468 1991:1111991:IV 1 990:1 V1991 :IV .9 2.8 New England Connecticut Maine Massachusetts New Hampshire .... Rhode Island Vermont 253,910 72,625 17,546 119,016 20,276 16,231 8,216 259,984 73,951 18,055 121,938 20,823 16,747 8,470 265,990 75,883 18,569 124,423 21,263 17,074 8,779 272,932 78,055 19,073 127,609 21,818 17,440 8,936 277,528 78,776 19,724 129,673 22,253 17,821 9,282 280,752 79,826 20,003 131,045 22,433 18,054 9,391 282,948 80,636 20,100 132,087 22,518 18,162 9,445 285,582 81,515 20,471 133,022 22,634 18,369 9,571 288,846 82,094 20,860 134,440 22,891 18,737 9,823 292,186 83,287 21,182 135,756 23,150 18,927 9,884 294,623 84,165 21,377 136,801 23,282 19,030 9,967 293,766 84,650 21206 136,106 23,024 18,908 9,871 293,851 84,316 21,263 136,425 23,022 18,953 9,871 295,625 85,326 21,213 137,154 23,088 18,871 9,974 296,318 85,408 21,410 137,288 23,195 18,891 10,125 298,029 85,652 21,577 138,302 23,274 18,970 10,254 .6 .3 .8 .7 .3 .4 1.3 1.5 1.2 1.8 1.6 1.1 .3 3.9 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 805,674 11,071 12,744 87,779 165,686 339,719 188,675 818,967 11,456 13,032 89,456 168,849 343,979 192,196 837,620 11,865 13,289 92,316 172,939 350,032 197,178 856,161 12,100 13,482 93,955 177,486 358,965 200,172 874,328 12,430 13,588 96,530 179,216 367,311 205,253 886,977 12,662 13,715 97,898 181,693 373,697 207,311 897,000 12,736 13,792 99,195 183,567 377,509 210202 909,937 12,944 14,037 100,740 185,728 383,502 212,985 928,481 13256 13,934 103,113 188,941 392,034 217204 942,423 13,425 14,040 104,684 192,067 396,643 221,564 953,543 13,544 14,321 105,956 194,055 401,281 224,386 957,821 13,559 14,491 106,063 194,792 403,504 225,412 955,703 13,699 14,471 106,272 194,171 401,037 226,054 965,701 13,764 14,596 107,206 196,413 405,513 228210 969,839 13,786 14,662 107,510 197,870 406,735 229275 976,539 14,094 14,759 108,231 199,150 408,697 231,607 .7 22 .7 .7 .6 .5 1.0 2.0 3.9 1.9 2.0 2.2 1.3 2.7 Great Lakes Illinois Indiana Michigan Ohio Wisconsin 666,999 201,166 81,006 148,292 163,899 72,637 676,394 202,406 81,764 150,674 167,568 73,982 688243 205,413 83,013 153,791 170,623 75,403 699,456 209,455 83,478 156,389 173,100 77,033 723,582 216,830 88,144 160,756 177,731 80,121 730234 219245 88,832 162,166 179,179 80,812 736,856 221,192 89,057 164,309 181,028 81269 747243 225,159 90,216 166,060 183,127 82,682 760,609 229,115 92,612 167,523 186,636 84,724 773,181 232299 93,269 170,928 190,742 85,942 782,466 235,390 94,792 173,149 192,111 87,023 787,852 238,490 95239 173,079 193,545 87,498 785246 236,869 95,136 171,845 193,646 87,749 794224 240,159 96,087 174,599 194,477 88,902 801,145 241,464 96,971 175,767 197,097 89,846 808,727 243,000 98,122 177,718 198,708 91,179 3 .6 12 1.1 .8 1.5 2.6 1.9 3.0 2.7 2.7 42 Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota 269285 41,968 38,235 70,324 77,324 23,506 8,684 9,244 272,057 41,057 39,540 70,404 79,135 24,408 8,463 9,050 269,919 40,560 39,139 70,771 79,807 23,478 7,5i4 8,650 277,095 41,093 40,606 72,247 81,488 24,479 8,080 9,104 290209 45,032 41,059 75,834 83,449 25,620 9,218 9,997 292,926 44,944 41,810 76,746 84,559 25,791 9,011 10,066 292,964 44,464 41,574 77,496 85,254 25,514 8,746 9,916 302,392 46,278 43,331 79,696 86,885 26,272 9,525 10,406 309,173 48,330 44,023 80,805 88,056 27,687 9,387 10,886 311,636 47,731 44,475 82,047 89,356 27,594 9,461 10,972 312,454 48,009 44,515 82,530 89,929 27,217 9,374 10,881 320,007 48,335 46,611 83,505 91,104 28,066 10,879 11,506 317,328 48,783 45214 83,439 90,981 27,999 9,758 11,154 320,671 48,743 46,060 84,210 91,534 28,490 10,072 11,562 321,343 48,732 45,858 85,017 92,098 28,460 9,753 11,425 328,611 49,462 47,574 86,088 93,478 28,781 11255 11,974 2.3 1.5 3.7 1.3 1.5 1.1 15.4 4.8 2.7 2.3 2.1 3.1 2.6 2.5 3.4 4.1 Southeast Alabama Arkansas Florida .. .. Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia 819,965 50,925 27,905 196,421 93,902 46,464 52,728 28,236 89,776 43,439 65,821 102,901 21,446 842,915 52,506 29,567 201,972 96,397 47,642 53,933 29,107 91,951 44,792 67,558 105,677 21,814 861,146 53,487 29,455 208,276 98,285 48,513 54,332 29,468 94,694 45,685 68,806 108,087 22,058 877,922 54,684 29,926 212,769 100,172 49,036 55,377 30,051 96,603 46,577 70,182 110,196 22,350 901,584 55,593 31,270 219,432 102,306 50,789 56,015 30,947 99,377 48,291 71,439 113,239 22,885 913,185 56,426 31,057 224,011 103,468 51,157 56,398 30,963 100,688 48,740 72,395 115,047 22,836 918267 56,786 30,954 227,214 104,346 51,694 56,715 30,987 101,270 45,943 73,163 116,195 23,000 938,543 57,823 31,504 231,740 105,910 52,605 57,779 31,466 103,681 50,173 74,440 118,003 23,420 963,718 59,303 33,166 236,895 108,828 54,245 59,746 32,489 106,558 51,752 76,078 120,557 24,101 977,186 60,487 33280 240,254 110,395 54,917 60,716 32,882 107,959 52,843 77,033 121,915 24,503 990,782 61,092 33,330 244235 111,997 55,702 61,634 33,186 109,719 53,501 78,202 123,391 24,794 996,328 1,005,912 1,014,533 1,025262 1,034,027 62,727 63,211 64,012 64,673 61,845 33,670 34,705 35,161 35,409 34,699 245,958 248,161 249,853 251,584 253,081 112220 113,254 114,556 115,592 116,597 56,414 56,443 57,147 58,222 58,998 63,507 65,277 62,619 64,076 i 64,659 34,111 33,552 34,416 34,635 35,180 109,287 114,780 110,608 113,786 108,626 54,432 55,476 53,791 54,639 55,003 79,609 82,048 78,886 80,556 81202 125,787 126,684 123,739 124,469 125,321 25,824 25,009 25,208 25,451 25,620 .9 1.0 .7 .6 .9 1.3 1.0 1.6 .9 .9 1.0 .7 .8 3.8 4.6 5.2 2.9 3.9 4.6 4.2 4.9 5.7 3.1 4.0 2.4 3.3 Southwest Arizona New Mexico Oklahoma Texas 349266 50,597 18,399 41,986 238,284 358,658 51,957 18,877 42,748 245,076 362,137 52,961 19,009 43,233 246,935 368,866 53,491 19,391 43,993 251,992 378,336 54,890 19.735 44,968 258,743 382,498 55,328 20,114 45,367 261,688 385,480 55,766 20,319 45,622 263,773 394237 56,646 20,756 46,779 270,055 403,303 57,528 21,100 47,460 277,214 411,486 58,624 21,385 48,101 283,377 418,047 59,510 21,855 48,780 287,902 424,310 60,030 22,300 50,065 291,916 427,511 60,834 22,558 49,387 294,733 433,704 61,597 22,853 50,049 299205 436,603 61,552 23,105 50,254 301,692 441,987 62,014 23,381 51,297 305296 1.2 .8 12 2.1 12 4.2 3.3 4.8 2.5 4.6 Rocky Mountain Colorado Idaho Montana ... Utah Wyoming 101,360 52,793 12,232 9,979 19,967 6,389 104,060 54,158 12,589 10,219 20,467 6,627 105,331 54,734 12,910 10,226 20,881 6,580 108,098 55,866 13,323 11,010 21,275 6,623 110,590 57,098 13,817 11,282 21,662 6,731 112,457 57,912 14,097 11,515 22,145 6,787 113,415 58,609 14,156 11,446 22,364 6,840 116,645 59,813 14,714 12,202 22,917 6,998 118,183 60,675 15,082 11,866 23,419 7,141 120,438 61,771 15,387 11,977 23,972 7,331 121,856 62,604 15,335 12,054 24,467 7,396 125,458 64,069 15,887 13,034 24,882 7,587 125,366 64,337 15,541 12,575 25,187 7,726 127,399 65,361 15,890 12,797 25,551 7,800 128,461 65,822 16,022 12,790 25,911 7,916 131,591 67,052 16,571 13,720 26,226 8,022 2.4 1.9 3.4 7.3 12 1.3 4.9 4.7 4.3 5.3 5.4 5.7 Far West California Nevada Oregon Washington 643,938 513,243 17,567 39,528 73,600 660,756 526,348 18,249 40,580 75,579 676,870 539,412 18,770 41,579 77,110 691,052 549,861 19,284 42,831 79,076 708,986 563,470 20,082 43,822 81,611 722,549 573,340 20,653 44,988 83,568 733,994 582,049 21,110 45,691 85,143 743,689 587,518 21,774 46,977 87,420 766,889 606,706 22,552 47,943 89,687 780,108 616,783 23,060 48,908 91,358 790,415 624,341 23,707 49,513 92,853 800248 631,218 23,935 50,269 94,826 799,075 628,795 24,166 50,474 95,640 808,119 635,834 24,453 51,031 96,800 814,541 639,991 24,750 51,718 98,082 818,594 641,417 25,102 52,383 99,691 .5 2 1.4 1.3 1.6 2.3 1.6 4.9 4.2 5.1 9,915 17,787 10,052 18,113 10,085 18,510 10,353 19,090 10,738 19,670 11,259 20,171 11,590 20,674 11,467 21,183 11,678 21,774 11,858 22,385 11,985 23,005 12,211 23,508 12,413 23,797 12,362 23,992 12,511 24,304 12,749 24,614 1.9 1.3 4.4 4.7 294,623 819,723 782,466 312,454 801,456 228,182 431,646 226,928 801,699 293,766 823,708 787,852 320,007 803,456 230,697 438,269 231,724 812,031 293,851 821261 785,246 317,328 809,253 232,890 442,331 232,923 811,119 295,625 830,135 794,224 320,671 815,993 235,330 448,028 236,302 820,020 296,318 833,881 801,145 321,343 823,330 238,071 451,766 237,868 826,606 298,029 839,454 808,727 328,611 829,528 240,898 457279 242,088 830,854 .6 .7 .9 2.3 .8 12 1.2 1.8 .5 1.5 1.9 2.6 2.7 32 4.4 4.3 4.5 2.3 Alaska Hawaii Census Divisions New England Middle Atlantic East North Central .... West North Central ... South Atlantic East South Central .... West South Central ... Mountain Pacific 253,910 694,080 666,999 269,285 659,479 191,446 360,903 187,922 654,073 259,984 705,023 676,394 272,057 676,547 196,812 371,324 193,143 670,672 265,990 720,149 688,243 269,919 694,556 200,274 373,954 196,070 686,695 272,932 736,624 699,456 277,095 708,203 203,953 381,287 200,264 701,211 277,528 751,779 723,582 290,209 728,079 208,768 390,996 205,297 719,311 280,752 762,701 730,234 292,926 739,065 210,940 394,511 208,552 733,326 282,948 771,278 736,856 292,964 743,692 212,630 397,064 210,610 745,148 285,582 782,216 747,243 302,392 760,648 216,333 406,118 215,822 754,564 r Revised. p Preliminary. 1. The personal income level shown for the United States is derived as the sum of the State estimates; it differs from the national income and product accounts (NIPA) estimate of personal income because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad tern- 288,846 798,178 760,609 309,173 778,993 222,116 417,587 219,364 777,790 292,186 810,274 773,181 31 1 ,636 790,020 225,319 425,475 223,506 791,292 porarily by private U.S. firms. It can also differ from the NIPA estimate because of different data sources and revision schedules. NOTE—The quarterly estimates of State personal income were prepared by Marian B. Sacks, James P. Stehle, Isabelle B. Whiston, and James M. Zavrel, under the supervision of Robert L. Brown, Data Availability Quarterly estimates for the years 1969-87 are available from the Regional Economic Information System, Regional Economic Measurement Division, BE-55, Bureau of Economic Analysis, U. S. Department of Commerce, Washington, DC 20230, or call (202) 254-6630. SURVEY OF CURRENT BUSINESS • April 1992 Table 2.—Nonfarm Personal Income, States and Regions [Millions of dollars, seasonally adjusted at annual rates] 1988 1989 State and region 1United States ... II- III- IV r i- IIr 1990 III- IV- I- II- 1991 III- IV- I- llr Percent change III- IV 3,886,829 3,968,952 4,051,719 4,134,392 4,227,367 4291298 4,343,171 4,412,372 4,502,621 4,581,531 4,648,707 4,684213 4,697292 4,743,736 4,782,823 4,821,354 1991:1111991:IV 1 990:1 V1991:IV .8 2.9 New England Connecticut Maine Massachusetts New Hampshire .... Rhode Island Vermont 253236 72,462 17,445 118,812 20,221 16,194 8,101 259234 73,765 17,946 121,716 20,761 16,704 8,342 265,022 75,647 18,418 124,139 21,184 17,015 8,619 272,064 77,842 18,936 127,355 21,748 17,390 8,793 276,628 78,559 19,558 129,407 22,195 17,775 9,134 279,879 79,614 19,847 130,786 22,377 18,010 9,244 282,088 80,432 19,953 131,833 22,460 18,116 9,295 284,700 81,311 20,303 132,769 22,579 18,325 9,412 287,828 81,825 20,670 134,161 22,827 18,692 9,653 291255 83,044 21,017 135,498 23,088 18,886 9,722 293,774 293,022 83,941 84,447 21,054 21,220 136,571 135,908 23,227 22,976 18,996 18,876 9,819 , 9,760 293,115 84,105 21,166 136,187 22,973 18,916 9,768 294,845 85,107 21,112 136,900 23,035 18,832 9,858 295,480 85,177 21,296 137,014 23,141 18,853 10,000 297255 85,429 21,468 138,047 23,227 18,935 10,150 .6 .3 .8 .8 .4 .4 1.5 1.4 1.2 2.0 1.6 1.1 .3 4.0 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 803,394 10,938 12,744 87,404 165,416 339,039 187,853 816,528 11297 13,032 89,032 168,551 343,311 191,305 834,743 11,643 13,289 91,805 172,586 349,290 196,129 853,494 11,891 13,482 93,470 177,157 358,267 199,228 870,978 12218 13,588 95,951 178,857 366,351 204,013 883,679 12,441 13,715 97,405 181,339 372,701 206,078 893,993 12,553 13,792 98,754 183,252 376,608 209,033 906,854 12,757 14,037 100290 185,417 382,593 211,760 924,721 13,035 13,934 102,514 188,589 390,870 215,779 938,893 13,223 14,040 104,151 191,729 395,539 220211 950,385 13,361 14,321 105,469 193,762 400,316 223,157 955,057 13,408 14,491 105,637 194,518 402,677 224,326 953,348 13,547 14,471 105,866 193,895 400,317 225,252 963205 13,597 14,596 106,783 196,118 404,763 227,348 967282 13,634 14,662 107,072 197,552 405,979 228,384 974,056 13,932 14,759 107,809 198,859 407,972 230,725 .7 22 .7 .7 .7 .5 1.0 2.0 3.9 1.9 2.1 2.2 1.3 2.9 Great Lakes Illinois Indiana Michigan Ohio Wisconsin 658,121 197,993 78,955 147,360 162,603 71210 670,164 200,490 80,661 149,852 166,462 72,699 685,479 205,352 82,836 153,168 169,886 74237 697,613 209,539 84,171 155,672 172,653 75,578 712,871 213,743 86,379 159,370 176,193 77,187 720,793 216,872 87,227 160,790 177,782 78,120 729,872 219,539 87,903 163,239 180,000 79,190 739,600 223292 88,878 164,968 181,990 80,472 750,097 226,141 90,793 166,090 184,892 82,181 765,149 230,391 91,930 169,829 189,342 83,656 776,120 233,958 93,819 172280 190,970 85,093 781,672 237,045 94261 172,153 192,343 85,870 780,084 235,581 94,435 170,967 192,815 86,285 789,385 238,969 95,555 173,707 193,698 87,456 797,447 240,901 96,691 174,988 196,473 88,394 804,554 242242 97,716 176,907 197,990 89,698 .9 .6 1.1 1.1 .8 1.5 2.9 2.2 3.7 2.8 2.9 4.5 Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota 255,611 37,806 36,709 67,628 76,271 21,221 7,880 8,095 260,691 38,560 37,616 68,643 78,035 21,566 7,983 8,288 264,705 39,360 38,098 69,737 79,168 21,938 8,020 8,383 270241 40,311 38,832 71,464 80,523 22,415 8,124 8,571 275,893 41,181 39,746 72,777 82,099 23,020 8,300 8,770 280,798 41,965 40,395 74,309 83,346 23,442 8,394 8,947 284,465 42,356 40,847 75,529 84,369 23,817 8,485 9,060 289,945 43,387 41,681 77,151 85,594 24,243 8,630 9,259 293,857 43,999 42,296 77,844 86,855 24,668 8,731 9,463 299222 44,661 43,008 79,486 88,369 25,231 8,833 9,635 303,334 306,373 45,941 45,443 43,703 44,001 80,594 81,457 89,887 89,183 26,027 25,580 8,980 i 9,101 9,851 9,958 308,071 46,308 44,321 81,718 90,212 26,190 9,209 10,113 310,810 46,799 44,742 82,509 90,822 26,411 9,297 10,231 314226 47,167 45,354 83,602 91,487 26,811 9,407 10,398 317217 47,569 45,707 84,404 92,443 27,022 9,550 10,522 1.0 .9 .8 1.0 1.0 .8 1.5 1.2 3.5 3.5 3.9 3.6 2.8 3.8 4.9 5.7 Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia 809,343 50,070 26,907 194,135 92,800 45,589 52,045 27,293 88,473 43,079 65,199 102,360 21,394 829,646 51,506 27,502 199,472 95,181 46,655 52,897 27,963 90,419 44,353 66,856 105,086 21,754 847,394 52,277 27,846 205229 96,871 47,493 53,623 28,474 92,821 545281 68,085 107,400 21,993 863,537 53,381 28,269 209,942 98,573 48,038 54,358 28,896 94,832 46,106 69,336 109,522 22,285 885,165 54,370 28,876 216,242 100,610 49,414 54,910 29,694 97,449 47,751 70,496 112,533 22,819 898,565 55,288 29,330 220,734 101,806 49,888 55,699 30,144 98,794 48,228 71,623 114,263 22,768 906,179 55,784 29,767 224,319 102,882 50,590 56,283 30,425 99,637 45,522 72,533 115,498 22,938 926,123 56,814 30,368 228,937 104,526 51,363 57,302 30,836 101,936 49,671 73,702 117,301 23,366 948,049 58,157 31,042 234,027 107,240 52,841 58,712 31,468 104,281 51,298 75,248 119,735 24,001 963,696 59,331 31,518 238,139 108,944 53,742 59,832 31,993 105,867 52,443 76,301 121,179 24,406 979,002 984,526 60,124 60,821 32,097 i 32,380 243,477 241,645 111,038 110,785 55,317 54,693 62,037 61,048 32,542 32,859 107,855 106,928 53,424 53,193 77,605 78,197 122,707 ; 123,116 24,708 ; 24,933 993,029 1,001,530 1411,560 1,020,837 62,211 62,885 63,525 61,739 33,103 33,595 32,849 34,046 245,704 247205 248,559 250,205 113,992 113,062 115,124 111,926 56,154 55,354 57,113 57,770 63,434 64,134 62,764 64,774 33,479 33,933 33,192 34,333 108,680 111,530 112,870 107,493 54,145 54,536 55,016 53,986 79,966 80,605 78,991 81,345 124,715 125,140 123,890 126,080 25,141 25,539 25,376 25,750 .9 1.0 1.3 .7 1.0 12 1.0 1.2 12 .9 .9 .8 .8 3.7 4.4 5.1 2.8 3.7 4.4 4.4 4.5 5.6 3.0 4.0 2.4 3.3 Southwest Arizona New Mexico Oklahoma Texas 344,552 49,990 18,108 40,862 235,592 352,021 51,174 18,561 41,610 240,677 357,161 52,260 18,717 42,119 244,066 362,543 52,844 19,031 42,686 247,982 370,574 54,023 19,385 43,469 253,696 375,887 54,613 19,738 44,016 257,520 380,439 55,129 19,938 44,490 260,882 387,679 55,907 20240 45,330 266201 395,536 56,904 20,694 46,082 271,857 403,915 57,998 21,028 46,830 278.060 412,181 58,952 21,520 47,563 284,147 416,966 59,499 21,820 48,249 287,398 421,507 60,266 22,182 48,606 290,453 426,872 60,920 22,428 49,046 294,478 430,781 60,963 22,699 49,395 297,724 435284 61,377 22,891 49,962 301,055 1.0 .7 .8 1.1 1.1 4.4 3.2 4.9 3.5 4.8 99,638 52,187 11,577 9,789 19,779 6,306 101,735 53,185 11,849 10,026 20,206 6,469 103,421 54,021 12,098 10,193 20,619 6,490 105226 54,860 12,374 10,488 20,998 6,505 107,573 56,114 12,692 10,709 21,417 6,640 109,354 56,843 12,953 10,985 21,891 6,683 110,862 57,718 13,135 11,112 22,129 6,767 112,842 58,545 13,469 11,330 22,623 6,875 115,141 59,606 13,834 11,581 23,102 7,018 117,400 60,739 14,124 11,674 23,667 7,196 119,591 121,478 61,826 62,809 14,398 14,656 11,872 12,003 24,215 : 24,585 7,426 7,280 123,111 63,537 14,859 12,205 24,990 7,521 124,490 64,331 15,045 12,235 25,323 7,555 126,142 65,017 15,275 12,496 25,701 7,653 127,713 65,817 15,533 12,622 25,978 7,763 1.2 12 1.7 1.0 1.1 1.4 5.1 4.8 6.0 5.2 5.7 4.6 635,488 506,976 17,511 38,647 72,354 651,038 519,133 18,180 39,576 74,148 665,505 531,039 18,689 40,362 75,415 680,521 542,269 19,206 41,691 77,356 697,555 555,095 19,968 42,702 79,790 711,189 565,104 20,540 43,880 81,666 723284 574,190 21,005 44,644 83,445 732260 579,482 21,665 45,757 85,356 754238 597,407 22,432 46,699 87,700 768,049 607,822 22,950 47,711 89,566 779,612 ; 789,672 616,248 624,008 23,610 23,840 48,509 49,081 91,246 92,743 789,068 621,582 24,050 49,580 93,855 796,506 627,461 24,330 50,007 94,709 803,363 631,704 24,623 50,741 96295 807,341 633,766 24,984 51,247 97,344 .5 .3 1.5 1.0 1.1 2.2 1.6 4.8 4.4 5.0 9,904 17,542 10,040 17,856 10,068 18,220 10,334 18,818 10,726 19,406 11247 19,907 11,578 20,412 11,451 20,918 11,666 21,489 11,846 22,105 Rocky Mountain Colorado Idaho Montana Utah Wyoming Far West California Nevada Oregon Washington Alaska Hawaii 11,975 22,732 12,198 23,250 12,403 23,556 12,351 23,741 12,499 24,041 12,735 24,360 1.9 1.3 4.4 4.8 293,774 817,235 776,120 303,334 794,043 224,964 424,855 223,673 790,710 293,022 821,521 781,672 306,373 796,451 227,194 430,064 226,638 801279 293,115 819,464 780,084 308,071 802,024 229277 434,672 229,610 800,976 294,845 828,229 789,385 310,810 808,159 231,810 440,061 232,168 808269 295,480 831,914 797,447 314,226 814,664 234,536 444,848 234,427 815,281 297255 837,556 804,554 317,217 821,544 236,974 449,836 236,965 819,452 .6 .7 .9 1.0 .8 1.0 1.1 1.1 .5 1.4 2.0 2.9 3.5 32 4.3 4.6 4.6 2.3 Census Divisions New England Middle Atlantic East North Central .... West North Central ... South Atlantic East South Central .... West South Central ... Mountain Pacific . 253236 692,308 658,121 255,611 653,328 188,150 355,405 185,247 645,424 259234 703,167 670,164 260,691 669,626 192,980 362,686 189,649 660,754 265,022 718,006 685,479 264,705 686,334 196,329 367,654 193,087 675,103 272,064 734,652 697,613 270241 700,101 199,652 373,295 196,307 690,468 276,628 749,221 712,871 275,893 719,162 203,975 380,951 200,948 707,719 -Revised. p Preliminary. NOTE.—Nonfarm personal income is total personal income less farm earnings. 279,879 760,118 720,793 280,798 730,154 206,944 386,565 204245 721,804 282,088 768,894 729,872 284,465 735,896 209,332 391,423 206,933 734269 284,700 779,770 739,600 289,945 752,823 212,714 399201 210,655 742,964 287,828 795,238 750,097 293,857 770,064 217,714 407,693 215,170 764,961 291,255 807,479 765,149 299222 782,393 221,367 416,241 219,376 779,050 April 1992 • SURVEY OF CURRENT BUSINESS 77 Table 3.—Total and Per Capita Personal Income for States and Regions, 1986-91 Per capita3 Total Area name Percent change2 Millions of dollars 1986 1987 1988' 1989' 1990r 1991* 3,519,364 3,754,577 4,059,232 4,378,166 4,664,057 4,812,082 United States ' 1990-91 Rank in U.S. Dollars 1986 1987 1988' 1989' 1990' 1991* 3.2 14,654 15,494 16,600 17,738 18,696 19,082 New England . Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont 218,577 62,300 15,036 102,800 17,039 14,255 7,148 239,481 68,401 16,622 112,127 19,062 15,444 7,824 263,203 75,128 18,311 123,246 21,045 16,873 8,599 281,702 80,188 20,075 131,457 22,459 18,101 9,422 292,356 83,549 21,156 135,776 23,087 18,901 9,886 295,956 85,176 21,366 137,292 23,145 18,921 10,056 1.2 1.9 1.0 1.1 .3 .1 1.7 17,030 19,323 12,848 17,414 16,620 14,584 13,382 18,489 21,061 14,030 18,889 18,078 15,605 14,479 20,113 22,958 15,208 20,607 19,437 16,932 15,640 21,371 24,422 16,455 21,853 20,334 18,089 16,895 22,111 25,395 17,183 22,555 20,773 18,809 17,506 22,425 25,881 17,306 22,897 20,951 18,840 17,747 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 707,565 9,749 11,423 75,685 143,110 297,901 169,697 760,967 10,616 12,141 82,683 155,737 319,229 180,559 829,605 11,623 13,137 90,877 171,240 348,174 194,555 892,059 12,693 13,783 98,591 182,551 375,504 208,938 945,568 13,446 14,196 104,954 192,464 398,366 222,141 966,945 13,836 14,622 107,305 196,901 405,495 228,786 2.3 2.9 3.0 2.2 2.3 1.8 3.0 16,456 15,532 17,895 16,866 18,773 16,703 14,400 17,617 16,666 19,059 18,108 20,300 17,863 15,286 19,097 17,944 20,835 19,507 22,200 19,403 16,422 20,467 19,282 22,083 20,856 23,628 20,881 17,608 21,636 20,095 23,603 21,857 24,881 22,129 18,679 22,017 20,349 24,439 22,080 25,372 22,456 19,128 Great Lakes Illinois Indiana Michigan Ohio Wisconsin . . 602,457 178,528 72,415 136,040 148,975 66,498 636,335 189,659 76,907 142,377 157,250 70,142 682,773 204,610 82,315 152,286 168,797 74,764 734,479 220,607 89,062 163,322 180,266 81,221 776,027 233,824 93,978 171,170 190,758 86,297 797,335 240,373 96,579 174,982 195,982 89,419 2.7 2.8 2.8 2.2 2.7 3.6 14,531 15,676 13,276 14,902 13,882 13,981 15,298 16,647 14,050 15,495 14,612 14,678 16,363 17,961 14,987 16,518 15,629 15,501 17,541 19,335 16,124 17,650 16,646 16,724 18,444 20,433 16,921 18,378 17,568 17,590 Plains Iowa Kansas .... Minnesota Missouri Nebraska . North Dakota South Dakota 244,889 37,739 35,596 62,774 70,490 21,583 8,386 8,321 257,071 39,149 37,046 66,670 74,561 22,331 8,527 8,787 272,089 41,170 39,380 70,937 79,438 23,967 8,185 9,012 294,622 45,179 41,943 77,443 85,036 25,799 9,124 10,097 313,318 48,101 44,906 82,221 89,611 27,641 9,775 11,061 321,989 48,930 46,177 84,688 92,023 28,432 10,209 11,529 2.8 1.7 2.8 3.0 2.7 2.9 4.4 42 14,078 13,515 14,631 14,926 14,032 13,708 12,524 11,954 14,749 14,147 15,147 15,740 14,743 14,253 12,896 12,623 15,516 14,869 15,993 16,509 15,630 15,249 12,488 12,906 16,744 16,307 16,962 17,852 16,687 16,382 14,116 14,492 Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia .. West Virainia 728,365 46,003 26,052 171,116 82,409 41,956 50,659 25,402 78,788 38,339 57,850 89,589 20,202 782,708 48,959 27,235 187,065 89,194 44,589 50,886 26,903 85,212 41,356 62,740 97,754 20,814 850,487 52,901 29,214 204,859 97,189 47,914 54,093 29,215 93,256 45,123 68,092 106,715 21,917 917,894 56,657 31,196 225,599 104,007 51,561 56,727 31,091 101,254 48,286 72,859 115,621 23,035 982,002 1,019,934 60,681 63,656 33,361 34,993 241,836 250,670 110,860 115,000 55,319 57,702 61,178 64,380 33,027 34,586 108,215 112,115 52,971 54,888 80,854 77,550 122,401 125,565 24,602 25,526 3.9 4.9 4.9 3.7 3.7 4.3 5.2 4.7 3.6 3.6 4.3 2.6 3.8 12,808 11,524 11,170 14,664 13,542 11,375 11,494 9,793 12,462 11,468 12,206 15,413 10,731 13,602 12,192 11,626 15,590 14,365 12,104 11,712 10,392 13,305 12,232 13,116 16,476 11,204 14,631 13,145 12,469 16,644 15,385 13,018 12,611 1t,321 14,388 13,222 14,118 17,675 11,973 327,232 44,769 16,890 40,596 224,977 337,859 48,813 17,761 40,820 230,464 359,732 52,252 18,919 42,990 245,572 385,139 55,657 20,231 45,684 263,566 414,286 58,923 21,660 48,602 285,101 434,951 61,499 22,974 50,247 300,231 5.0 4.4 6.1 3.4 5.3 13,309 13,531 11,545 12,479 13,583 13,650 14,200 12,011 12,714 13,863 95,051 49,420 11,198 9,588 18,391 6,454 98,934 51,455 11,841 9,986 19,373 6,279 104,712 54,387 12,764 10,359 20,648 6,555 113,277 58,358 14,196 11,611 22,272 6,840 121,484 62,280 15,423 12,233 24,185 7,363 128,204 65,643 16,006 12,970 25,719 7,866 5.5 5.4 3.8 6.0 6.3 6.8 13,200 15,263 11,307 11,781 11,059 13,020 569,801 453,110 14,932 35,479 66,280 614,864 490,104 16,476 37,721 70,563 668,155 532,217 18,468 41,130 76,341 727,307 576,597 20,905 45,370 84,436 784,416 619,762 23,314 49,159 92,181 810,082 636,509 24,618 51,402 97,553 3.3 2.7 5.6 4.6 5.8 9,820 15,607 9,561 16,798 10,101 18,375 11,263 20,424 11,933 22,668 12,509 24,177 4.8 6.7 ... . . . . Southwest Arizona New Mexico Oklahoma Texas Rocky Mountain Colorado Idaho Montana Utah Wyoming Far West California Nevada Oregon Washington Alaska Hawaii 1986 1991 1 34 4 8 20 30 1 30 3 9 19 26 io i"i 5 2 7 21 5 2 4 16 18,799 20,824 17,217 18,679 17,916 18,046 9 31 15 24 23 10 32 20 23 22 17,711 17,301 18,104 18,731 17,479 17,490 15,355 15,890 18,079 17,505 18,511 19,107 17,842 17,852 16,088 16,392 29 19 14 22 25 35 39 28 21 17 25 24 38 36 15,628 14,058 13,296 17,851 16,223 14,021 13,338 12,077 15,422 13,969 15,009 18,891 12,751 16,514 14,998 14,176 18,539 17,045 14,992 14,528 12,830 16,266 15,141 15,868 19,701 13,744 16^27 15,567 14,753 18,880 17,364 15,539 15,143 13,343 16,642 15,420 16,325 19,976 14,174 42 47 18 27 45 43 50 37 44 38 11 49 41 47 18 29 42 45 50 34 43 37 12 49 14,468 14,778 12,693 13,572 14,732 15,354 15,366 13,452 14,501 15,682 16,309 16,006 14,254 15,451 16,717 16,845 16,401 14,844 15,827 17,305 28 41 36 26 35 46 40 31 13,728 15,779 12,020 12,402 11,543 13,163 14,536 16,669 12,948 12,943 12,220 14,091 15,659 17,815 14,276 14,520 13,056 14,921 16,654 18,860 15,250 15,304 13,985 16,283 17,199 19,440 15,401 16,043 14,529 17,118 12 46 40 48 33 14 44 39 48 33 16,177 16,716 15,225 13,219 14,884 17,061 17,642 16,098 13,964 15,568 18,095 18,695 17,176 15,002 16,451 19,194 19,734 18,380 16,258 17,790 20,139 20,689 19,049 17,182 18,777 20,455 20,952 19,175 17,592 19,442 6 13 32 16 8 15 27 13 18,040 14,837 17,726 15,727 18,635 17,014 20,585 18,659 21,646 20,361 21,932 21,306 3 17 6 7 18,489 17,548 15,298 14,749 15,059 12,154 13,174 13,843 17,059 20,113 19,037 16,363 15,516 16,177 13,113 14,049 14,607 18,098 21,371 20,412 17,541 16,744 17,273 14,017 14,956 15,563 19,223 22,111 21,604 18,444 17,711 18,126 14,909 16,000 16,428 20,200 22,425 22,001 18,799 18,079 18,449 15,429 16,571 16,907 20,541 Census Divisions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific 218,577 610,708 602,457 244,889 577,300 171,211 342,284 171,641 580,297 239,481 655,526 636,335 257,071 626,836 183,192 349,405 181,984 624,747 263,203 713,969 682,773 272,089 684,695 198,121 371,868 194,351 678,164 281,702 292,356 766,992 812,971 734,479 776,027 294,622 313,318 742,870 793,481 212,168 226,578 397,173 . 428,242 210,070 225,381 795,703 738,089 ' Revised. p Preliminary. 1. The personal income level shown for the United States is derived as the sum of the State estimates; it differs from the national income and product accounts (NIPA) estimate of personal income because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad ternporarily by private U.S. firms. It can also differ from the NIPA estimate because of different data sources and revision 295,956 831,183 797,335 321,989 819,526 236,797 449,851 237,295 822,150 1.2 2.2 2.7 2.8 3.3 4.5 5.0 5.3 3.3 17,030 16,398 14,531 14,078 14,126 11,404 12,889 13,251 16,192 schedules. 2. Percent change was calculated from unrounded data. 3. Per capita personal income was computed using midyear population estimates of the Bureau of the Census, The 1986-89 population estimates have been adjusted to reflect both the 1980 and 1990 Census of Population counts for April 1; the 1990 midyear (July 1) estimates reflect the 1990 Census of Population count plus 3 months of estimated population change. SURVEY OF CURRENT BUSINESS April 1992 Table 4.—Total and Per Capita Disposable Personal Income for States and Regions, 1986-91 Per capita2 Total Area name Percent change J Millions of dollars 1986 United States 1987 1988 r 1989r 1990' 1991'' 1990-91 Rank in U.S. Dollars 1986 1987 r 1988 1989 " 1990' 1991 P 3,007,642 3,184,218 3,468,919 3,720,753 3,966,064 4,115,128 3.8 12,523 13,140 14,186 15,075 15,898 16,318 New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont 183,152 51,397 12,944 85,641 14,786 12,371 6,012 201,320 57,116 14,265 93,448 16,751 13,093 6,647 224,119 63,383 15,928 104,360 18,646 14,398 7,404 239,849 67,650 17,493 111,476 19,897 15,269 8,065 248,577 70,561 18,437 114,686 20,533 15,947 8,412 252,493 72,295 18,634 116,234 20,669 16,093 8,568 1.6 2.5 1.1 1.3 .7 .9 1.8 14,270 15,941 11,061 14,507 14,423 12,657 11,256 15,542 17,586 12,041 15,743 15,886 13,229 12,302 17,126 19,369 13,229 17,449 17,221 14,448 13,465 18,195 20,603 14,339 18,531 18,014 15,259 14,461 18,800 21,447 14,975 19,051 18,475 15,870 14,896 19,132 21,967 15,093 19,385 18,710 16,024 15,121 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 594,391 7,994 9,304 63,218 120,621 246,376 146,877 633,766 8,742 9,926 68,814 131,641 260,446 154,197 697,627 9,520 10,882 76,328 145,995 287,369 167,533 747,085 10,395 11,346 82,022 156,423 306,559 180,340 794,025 10,997 11,639 87,262 164,984 327,241 191,900 818,208 11,377 12,105 89,796 169,829 336,440 198,661 3.0 3.5 4.0 2.9 2.9 2.8 3.5 13,824 12,737 14,575 14,088 15,823 13,814 12,464 14,672 13,723 15,582 15,070 17,159 14,573 13,054 16,059 14,698 17,258 16,384 18,927 16,015 14,141 17,141 15,791 18,177 17,351 20,246 17,047 15,198 18,169 16,435 19,351 18,172 21,328 18,178 16,136 18,631 16,732 20,231 18,477 21,884 18,631 16,609 Great Lakes Illinois Indiana Ohio Wisconsin 516,948 154,318 62,210 115,450 127,987 56,984 541,367 161,541 65,956 120,121 133,886 59,864 585,758 176,019 70,777 129,824 145,275 63,863 626,334 189,133 75,931 138,103 154,248 68,920 662,033 200,374 80,205 144,924 163,146 73,383 683,798 206,713 82,872 149,305 168,410 76,498 3.3 3.2 3.3 3.0 3.2 4.2 12,469 13,550 11,405 12,647 11,926 11,981 13,015 14,179 12,049 13,073 12,441 12,528 14,038 15,451 12,886 14,082 13,451 13,241 14,958 16,576 13,746 14,925 14,244 14,191 15,734 17,510 14,441 15,560 15,025 14,958 Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota 210,715 32,362 30,345 53,229 60,958 18,743 7,503 7,575 218,700 33,181 31,443 55,186 64,230 19,278 7,535 7,847 233,318 35,202 33,917 59,430 68,684 20,756 7,193 8,135 250,811 38,250 35,646 64,536 72,935 22,393 7,954 9,097 266,310 40,722 38,194 68,271 76,676 23,947 8,541 9,960 274,565 41,574 39,536 70,335 79,072 24,633 8,984 10,431 3.1 2.1 3.5 3.0 3.1 2.9 5.2 4.7 12,114 11,590 12,472 12,656 12,134 11,904 11,205 10,882 12,547 11,990 12,856 13,029 12,700 12,304 11,395 11,273 13,305 12,714 13,774 13,831 13,514 13,206 10,974 11,650 14,254 13,806 14,415 14,877 14,313 14,219 12,306 13,057 Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi .. North Carolina South Carolina Tennessee Virginia West Virginia 626,550 39,365 22,748 146,668 69,483 36,164 44,941 22,156 67,422 32,914 50,763 76,295 17,631 669,490 41,715 23,750 159,299 74,728 38,672 44,850 23,277 72,508 35,344 54,851 82,327 18,167 732,071 45,501 25,594 175,333 82,159 41,527 47,740 25,445 80,118 38,889 59,828 90,463 19,473 786,710 48,359 27,251 193,329 87,521 44,440 49,903 26,850 86,737 40,989 63,612 97,617 20,101 841,430 51,814 29,110 206,868 93,355 47,521 53,753 28,454 92,645 45,062 67,722 103,745 21,383 878,074 54,634 30,640 215,795 97,312 49,529 56,755 29,882 96,303 46,866 70,962 107,101 22,297 4.4 5.4 5.3 4.3 4.2 4.2 5.6 5.0 3.9 4.0 4.8 3.2 4.3 11,018 9,861 9,754 12,569 11,418 9,805 10,197 8,541 10,664 9,845 10,711 13,126 9,365 11,634 10,388 10,138 13,276 12,035 10,498 10,323 8,991 11,321 10,454 11,467 13,876 9,779 12,594 11,306 10,924 14,245 13,006 11,283 11,130 9,859 12,361 11,396 12,404 14,983 10,638 283,376 38,720 14,717 33,281 196,658 291,067 41,915 15,341 33,243 200,567 311,871 45,374 16,325 35,418 214,754 333,486 48,136 17,622 37,321 230,408 358,146 50,900 18,839 39,568 248,839 378,018 53,365 20,060 41,117 263,475 5.5 4.8 6.5 3.9 5.9 11,525 11,702 10,060 10,231 11,873 11,760 12,193 10,375 10,354 12,065 82,306 42,417 9,924 8,482 15,925 5,557 85,201 43,892 10,410 8,711 16,757 5,430 90,976 46,881 11,279 9,155 17,998 5,663 97,218 49,665 12,466 10,102 19,188 5,796 104,168 52,935 13,542 10,645 20,774 6,273 110,487 56,188 14,059 11,383 22,113 6,743 6.1 6.1 3.8 6.9 6.4 7.5 11,430 13,100 10,020 10,423 9,576 11,211 488,180 387,009 12,558 30,193 58,419 520,646 413,088 13,886 31,807 61,866 568,606 450,901 15,580 35,249 66,876 612,447 483,520 17,640 38,240 73,046 661,893 520,737 19,757 41,615 79,784 687,858 537,867 21,032 43,821 85,137 3.9 3.3 6.5 5.3 6.7 8,499 13,527 8,313 14,348 8,986 15,587 9,827 16,986 10,437 19,046 11,019 20,608 5.6 8.2 „ i : .. Southwest .. Arizona New Mexico Oklahoma Texas Rocky Mountain Colorado Idaho Montana Utah Wyoming Far West California Nevada Oregon Washington Alaska Hawaii .... . . . 1991 1986 1 35 4 5 16 31 1 28 3 5 18 27 15 13 7 2 8 21 7 2 6 15 16,122 17,908 14,773 15,938 15,396 15,438 9 30 18 24 23 9 32 19 24 23 15,054 14,647 15,398 15,553 14,956 15,153 13,416 14,308 15,416 14,873 15,849 15,869 15,331 15,466 14,157 14,831 28 20 17 22 25 34 36 30 21 20 25 22 38 31 13,395 11,999 11,614 15,298 13,651 12,085 11,734 10,430 13,211 11,857 13,104 15,950 11,127 14,150 12,806 12,370 15,859 14,354 12,879 12,764 11,054 13,925 12,880 13,857 16,698 11,946 14,573 13,360 12,917 16,254 14,694 13,338 13,349 11,528 14,295 13,166 14,328 17,038 12,381 44 47 19 29 46 41 50 38 45 37 10 49 41 47 17 33 43 42 50 36 44 35 11 49 12,543 12,833 10,952 11,182 12,883 13,295 13,289 11,718 11,847 13,709 14,099 13,826 12,398 12,579 14,590 14,640 14,232 12,961 12,951 15,187 27 42 40 26 37 45 46 26 11,823 13,460 10,567 10,819 9,984 11,382 12,629 14,369 11,441 11,439 10,652 12,173 13,439 15,161 12,536 12,633 11,249 12,646 14,280 16,030 13,390 13,318 12,012 13,871 14,822 16,640 13,527 14,079 12,492 14,675 12 43 39 48 33 14 40 39 48 34 13,860 14,278 12,805 11,250 13,118 14,447 14,870 13,567 11,774 13,649 15,399 15,839 14,491 12,857 14,411 16,163 16,549 15,509 13,703 15,390 16,993 17,384 16,142 14,546 16,252 17,369 17,705 16,382 14,997 16,967 6 14 32 11 10 16 29 12 15,613 12,860 15,412 13,433 16,578 14,433 17,961 15,518 18,932 17,107 19,320 18,161 3 13 4 8 15,542 14,624 13,015 12,547 12,729 10,517 11,402 11,892 14,456 17,126 16,022 14,038 13,305 13,778 11,404 12,222 12,646 15,414 18,195 17,121 14,958 14,254 14,650 12,107 12,987 13,381 16,189 18,800 18,180 15,734 15,054 15,373 12,865 13,871 14,116 17,050 19,132 18,659 16,122 15,416 15,735 13,358 14,439 14,602 17,451 Census Divisions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific 183,152 513,874 516,948 210,715 490,929 148,448 297,629 148,301 497,647 201,320 546,284 541,367 218,700 529,855 158,515 302,412 156,343 529,421 224,119 600,897 585,758 233,318 583,166 172,302 323,506 168,255 577,599 239,849 643,322 626,334 250,811 630,057 183,262 344,883 180,616 621,621 ' Revised. p Preliminary. 1. Percent change was calculated from unrounded data. 2. Per capita disposable personal income was computed using midyear population estimates of the Bureau of 248,577 684,126 662,033 266,310 672,955 195,511 371,270 193,664 671,619 252,493 704,930 683,798 274,565 698,950 205,007 391,987 204,944 698,453 1.6 3.0 3.3 3.1 3.9 4.9 5.6 5.8 4.0 14,270 13,798 12,469 12,114 12,012 9,888 11,208 11,449 13,886 the Census. The 1986-89 population estimates have been adjusted to reflect both the 1980 and 1990 Census of Population counts for April; the 1990 midyear (July 1) estimates reflect the 1990 Census of Population count plus 3 months of estimated population change. April 1992 • 79 SURVEY OF CURRENT BUSINESS Table 5.—Percent Change in Selected Shares of Personal Income, 1990-91 Earnings2 Total personal income Area name Nonfarm Total Mining Construction Manufacturing Transporta- Wholesale tion, public and retail utilities trade Finance, insurance, and real estate Government Services Other Federal, civilian Military State and local 3.2 2.7 3.0 3.4 .9 2.1 12 5.7 6.0 -1.1 3.5 2.1 6.1 New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont 1.2 1.9 1.0 1.1 .3 .1 1.7 -.1 1.2 -1.1 -.2 -1.1 -2.3 .7 0 1.2 -.7 -.2 -1.1 -2.3 1.2 -1.5 -2.9 1.3 -2.0 -.4 -.7 4.2 -17.5 -13.3 -25.7 -17.1 -19.3 -24.1 -15.4 -.7 .4 -2.5 -.8-2.7 -2.4 1.8 .8 1.8 .3 .9 .2 -4.9 .8 -2.8 -1.3 -2.3 -3.5 -3.3 -5.6 -2 3.4 6.4 7.2 1.1 5.8 4.0 3.9 4.6 3.8 4.8 4.8 5.5 -5.2 -8.1 1.8 -7.0 -7.2 -2.6 -4.0 1.2 0 -.2 2.8 -5.5 4.2 -2.4 -15 -2.3 2.9 1.6 -38.9 2.6 5.0 15 3.6 6.3 -.2 4.1 -5.9 6.3 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 2.3 2.9 3.0 2.2 2.3 1.8 3.0 1.5 3.4 3.4 1.7 1.7 .6 2.4 1.6 3.8 3.4 1.8 1.7 .7 2.6 -3.1 8.6 18.3 .5 -1.3 -4.9 -3.3 -10.0 -4.8 -16.9 -13.1 -12.0 -9.4 -7.8 -.1 4.3 -6.8 -1.6 -.3 -.5 .5 1.1 .8 1.4 3.9 3.7 -.2 -.1 -1.0 .9 -5.0 0 -.9 -2.3 .8 3.8 7.5 1.0 3.8 2.4 3.7 5.9 4.4 5.4 3.9 4.9 5.1 2.9 6.5 -5.6 -1.6 -24.8 -4.4 -6.3 -3.3 -2.7 4.0 1.2 7.5 5.5 1.1 .1 2.4 3.7 7.3 6.9 3.8 -1.8 5.3 2.5 3.7 8.1 1.6 6.0 6.6 1.1 6.7 Great Lakes Illinois Indiana Michigan Ohio Wisconsin 2.7 2.8 2.8 2.2 2.7 3.6 22 2.7 2.5 1.2 1.8 3.6 2.9 3.3 3.8 1.4 2.3 4.8 -1.7 -1.0 -6.8 3.6 -3.6 3.5 -3.4 -4.0 5.0 -6.9 -7.5 2.8 0 .1 1.2 -1.4 -.2 2.3 .8 1.3 1.4 .5 -.9 3.2 22 1.8 2.8 1.4 2.7 3.4 7.6 8.0 7.5 5.2 7.6 9.9 5.9 5.8 7.6 4.6 5.5 8.2 1.1 5.2 0 -.3 -3.0 .7 1.8 1.3 1.3 .8 3.1 2.4 1.5 -1.2 3.9 3.5 3.2 2.9 6.4 8.2 5.9 5.3 5.7 6.3 Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota 2.8 1.7 2.8 3.0 2.7 2.9 4.4 4.2 2.4 .9 2.6 2.9 2.1 2.7 4.4 4.5 4.1 4.7 4.5 4.3 2.5 5.4 5.3 7.3 3.1 5.4 4.0 2.5 .7 10.3 2.4 2.9 -1.8 2.6 1.3 -3.6 -5.5 3.6 2.7 2.4 1.9 .8 3.6 3.8 -.9 3.7 8.4 8.2 2.1 .7 1.6 3.6 1.4 1.9 3.1 5.7 2.9 3.6 2.8 3.1 2.0 3.4 3.5 5.5 8.6 6.6 8.0 6.9 5.7 5.9 8.4 7.5 9.2 1.3 3.2 1.0 -1.2 1.9 1.2 1.6 .8 5.0 6.6 6.9 4.2 5.0 3.6 1.2 4.3 3.1 4.0 .5 3.9 1.3 5.6 6.5 7.2 5.8 6.2 5.7 4.9 5.9 6.9 4.6 8.4 Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia 3.9 4.9 4.9 3.7 3.7 4.3 5.2 4.7 3.6 3.6 4.3 2.6 3.8 3.5 4.6 4.9 3.3 3.2 4.0 5.3 4.4 3.1 2.7 4.0 2.3 2.8 3.6 4.8 5.3 3.2 3.1 4.3 5.8 4.4 3.2 2.5 4.2 2.5 2.9 .3 .5 1.9 2.5 -8.5 -5.1 6.0 -1.0 2.7 -.9 -5.3 -.3 -.6 -7.9 1.0 -6.0 -12.0 -13.5 -1.1 7.4 -4.4 -7.9 -11.5 -3.2 -12.9 .3 2.2 2.5 4.3 .6 2.3 .9 5.9 4.4 2.1 2.5 3.0 1.0 -2.4 2.5 2.7 2.4 2.4 2.4 4.6 2.4 2.2 2.0 -.4 3.2 3.1 1.6 1.8 2.7 5.4 .5 1.4 3.4 4.0 2.6 1.7 .8 2.5 1.2 3.5 6.1 6.0 9.1 5.1 7.3 7.5 6.7 7.9 6.9 7.1 8.4 3.2 6.5 7.1 7.5 8.7 7.1 6.8 8.4 6.6 8.8 6.7 6:4' 8.1 6.4 7.7 .2 1.9 -4.0 3.3 -1.9 -.1 -.5 -.9 -.8 -4.1 -1.2 -3.6 1.3 4.2 3.6 5.4 3.9 5.1 7.2 1.6 3.4 4.3 1.0 2.6 5.4 -.3 2.3 1.2 3.4 2.1 5.1 -.9 5.9 2.1 .5 1.8 1.4 2.7 5.7 6.9 10.5 8.8 6.9 6.0 10.2 8.0 4.5 7.5 7.3 4.6 4.8 5.7 Southwest Arizona New Mexico Oklahoma Texas 5.0 4.4 6.1 3.4 5.3 5.0 3.9 6.2 2.7 5.5 5.4 3.9 6.2 4.1 5.9 8.1 11.5 7.7 1.5 9.3 2.8 -3.6 -.4 -4.8 5.2 4.3 .8 1.8 4.3 5.0 3.9 1.8 .1 3.8 4.6 42 3.0 5.3 4.2 4.4 7.0 4.0 7.3 9.5 7.2 7.5 7.0 9.4 5.3 7.8 42 4.7 11.1 3.7 3.6 2.9 6.0 6.3 .4 2.4 -1.2 -.8 9.2 .6 -3.3 6.4 5.9 7.4 6.5 6.4 Rocky Mountain Colorado Idaho Montana Utah Wyoming 5.5 5.4 3.8 6.0 6.3 6.8 6.1 6.2 3.3 7.5 6.9 7.4 6.6 6.5 7.1 6.1 7.4 5.6 3.9 2.9 -8.3 9.2 2.1 6.9 9.8 7.6 5.5 11.0 18.4 9.9 1.1 -1.0 3.9 -.6 3.9 6.9 3.7 4.0 3.4 4.4 4.0 .1 5.7 5.5 6.6 6.3 5.6 5.0 9.9 8.6 10.3 11.4 9.7 7.6 9.9 4.8 3.5 .6 9.6 .3 3.1 6.5 4.5 7.2 6.7 -.8 1.4 5.3 5.9 6.0 .6 6.7 8.2 5.8 7.7 6.7 11.6 7.4 8.4 6.6 Far West California Nevada Oregon Washington 3.3 2.7 5.6 4.6 5.8 2.8 2.0 5.5 4.4 6.4 2.9 2.2 5.5 5.0 6.4 2.6 2.8 -.1 6.4 7.4 -9.8 -12.8 -11.1 22 4.5 .3 .2 2.7 2.1 -.6 2.9 2.6 4.5 4.9 2.5 .3 -.8 4.9 4.9 4.3 6.2 6.2 5.3 7.6 5.5 13.2 -2.8 -4.9 -1.2 -2.5 5.9 2.8 2.1 11.8 2.9 5.1 2.2 1.8 7.4 3.7 3.4 8.8 8.1 13.7 8.8 12.4 Alaska Hawaii 4.8 6.7 4.6 6.7 4.6 6.9 9.4 34.2 -4.7 8.9 6.3 5.7 5.6 5.7 2.3 3.5 9.1 8.8 5.2 8.5 1&5 5.9 3.3 3.3 3.4 6.5 10.8 -2.8 -1.1 2.2 2.9 .9 2.8 4.4 4.9 .3 3.4 3.8 7.6 8.6 5.2 7.5 7.5 7.8 5.4 4.0 4.3 5.9 6.6 6.3 8.1 7.5 8.9 6.2 -5.2 -3.9 1.1 1.3 -1.7 -.1 2.4 4.0 -2.3 1.2 1.1 1.8 5.0 5.4 3.9 2.2 5.5 2.8 -1.5 2.6 1.5 3.1 2.8 .7 -1.0 5.1 2.3 1.5 3.5 6.4 5.8 6.3 7.6 6.8 7.7 8.7 United States . . . . . -6.6 -1.4 -1.0 11.7 7.7 10.9 4.8 8.0 11.7 12.8 11.3 11.7 13.6 6.2 5.3 4.9 8.3 10.7 Census Divisions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific 1.2 22 2.7 2.8 3.3 4.5 5.0 5.3 3.3 -.1 1.3 2.2 2.4 2.9 42 5.2 5.5 2.8 0 1.4 2.9 4.1 2.9 4.4 5.6 5.8 3.0 1. Percent change was calculated from unrounded data. 2. Consists of wage and salary disbursements, other labor income, and proprietors' income. -1.5 -3.5 -1.7 3.1 -.4 -3.6 7.5 4.8 4.9 -17.5 -9.5 -3.4 -1.8 -11.5 -1.7 3.9 2.1 -8.9 -.7 -.1 0 1.9 1.3 2.6 5.0 1.1 .3 .8 .8 .8 2.1 2.4 3.3 4.0 3.0 3.0 Regional Economic Information System CD-ROM Containing Over 20 Years of Economic Data For All U.S. States, Counties, and Metro Areas Local area economic data can be at your fingertips with this new product from the Regional Economic Information System (REIS) of the Bureau of Economic Analysis (BEA). The CD-ROM contains annual data for 3,107 counties and 337 metropolitan areas for 1969-90, including: • Personal income by major source • Per capita personal income • Earnings by Standard Industrial Classification (SIC) two-digit industry • Full- and part-time employment by SIC one-digit industry REIS Regional Economic Information System ^MUktdMMiMAiyi • Regional economic profiles • Transfer payments by major program • Farm iricome and expenses /** !7S U.S. DEPARTMENT OF COMMERCE • idHf ^ Economics and Statistics Administration \ nT' / Bureau of Economic Analysis " « o '** Regional Economic Measurement Division New on this year's disc are the following: • Gross state product, 1977-89 • Projections to 2040 of income and employment for States and metropolitan areas The CD-ROM contains over 450 megabytes of data and documentation. All the estimates are stored as ASCII files that can be accessed in either sequential or random mode. The package includes a REIS program, on a separate floppy disk, that allows the user to display, print, or copy one or more of the standard tables from the historical personal income series. The CD-ROM also includes BEA estimates of quarterly personal income by State (1969:1-1991 :IV) and Census Bureau data on intercounty commuting flows for 1960,1970, and 1980. These additional data, though not accessible through the REIS program, are in fixed-length record formats that are easily imported into spreadsheet or database applications. Order the CD-ROM for $35 Request Accession No. 55-90-30-599, enclose a check or money order for $35.00 payable to Bureau of Economic Analysis, and mail to: Public Information Office, Order Desk, BE-53, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Be sure to include your return address. Telephone (202) 254-6630 or (202) 523-0777 for further information or to place an order using MasterCard or VISA. April 1992 SURVEY OF CURRENT BUSINESS County and Metropolitan Area Personal Income, 1988-90 THIS REPORT PRESENTS summary estimates of total and per capita personal income for 1988-90 for metropolitan areas and counties. The 1990 estimates are presented for the first time; the 1988 and 1989 estimates are revised from those presented in the April 1991 SURVEY OF CURRENT BUSINESS. None of these estimates reflect the comprehensive revision of the national income and product accounts (NIPA'S) that BEA released in December 1991. Revised estimates that incorporate the comprehensive NIPA revision will be released for the State level later in 1992 and for the local area level in 1993. The estimates of per capita personal income have been updated to reflect the 1990 Census of Population (see the section on definitions for further information). Table i contains estimates for the county-based metropolitan areas that are defined for statistical purposes by the U.S. Office of Management and Budget. These areas consist of metropolitan statistical areas; primary metropolitan statistical areas (PMSA'S); consolidated metropolitan statistical areas, which consist of two or more PMSA'S; and the New England county metropolitan areas.1 Table 2 contains estimates for 3,106 counties and county equivalents.2 For Virginia, table 2 presents estimates for the larger independent cities and combined estimates for the smaller independent cities and their adjacent counties. BEA'S publication Local Area Personal Income will no longer be published annually; instead, it will be published only in conjunction with the release of a comprehensive revision of the metropolitan area and county estimates, next scheduled for 1993. The estimates in Local Area Personal Income—of personal income by major type and of labor and proprietors' earnings by industry—are now! available in more detail on CD-ROM (see the section on "Data availability"). Definition of total and per capita personal income The personal income of an area is defined as the income received by, or for, all the residents of the area. It consists of the income received by persons from all sources—that is, from participation in production, from both government and business transfer payments, and from government interest; persons are defined as individuals, nonprofit institutions serving individuals, private noninsured welfare funds, and private trust funds. Personal income is measured as the sum of wage and salary disbursements, other labor income, proprietors' income, rental income of persons, personal dividend income, personal interest income, and transfer payments less personal contributions for social insurance. 1. BEA uses a county-based definition of metropolitan areas for the New England region rather than a definition in terms of cities and towns because insufficient data are available to prepare estimates of personal income for these cities and towns. For additional information about the metropolitan area definitions and a list of the areas and their components, see U.S. Department of Commerce, Bureau of the Census, Statistical Abstract of the United States: 1992 (Washington, DC: U.S. Government Printing Office, 1992), Appendix n. 2. Because of the creation of new geographic entities—particularly of new boroughs from existing census areas in Alaska—the number of counties and county equivalents shown for any given year can vary. The definitions underlying the local area estimates of personal income are essentially the same as those underlying the personal income estimates in the NIPA'S before the 1991 comprehensive revision. Both the local area estimates and the national estimates include the income of persons residing in the 50 States and the District of Columbia. However, the national estimates also include the income of U.S. residents temporarily working abroad; specifically, the national personal income estimates include the income of Federal civilian employees and military personnel stationed abroad and of U.S. residents who are employed by U.S. firms and are on temporary foreign assignment. An "overseas" adjustment is made to the national estimates to exclude the labor earnings of these workers from the U.S. totals before the totals are allocated to the States and local areas. Per capita personal income is computed by dividing the total personal income of an area by the population estimate for that area. Except for the college student population, which is measured on April i, the population for all years is measured as of July i. The estimates of per capita income for 1990 are calculated with midyear population estimates prepared by BEA as the sum of the April i, 1990, population count from the 1990 Census of Population and approximations of the change in population Acknowledgments The estimates of local area personal income were prepared by the Regional Economic Measurement Division under the direction of Linnea Hazen, Chief. The estimates were prepared through a divisionwide effort. Estimates of nonfarm labor income (wages and salaries and other labor income) were prepared by the Regional Wage Branch under the supervision of Sharon C. Carnevale, Acting Chief. Major responsibilities were assigned to Michael G. Pilot, John A. Rusinko, and James M. Scott. Contributing staff members were E. Frances Bake, Christopher T. Berry, Elizabeth P. Cologer, Susan P. Den Herder, Elizabeth A. Freeman, Lela S. Lester, Russell C. Lusher, Richard A. Lutyk, Paul K. Medzerian, Lisa C. Ninomiya, Michael Phillips, Adrienne T. Pilot, William E. Reid, Jr., Dolores A. Rynn, Victor A. Sahadachny, Eugene L. Souder, and Jaime Zenzano. Estimates of farm earnings (wages and salaries, other labor income, and proprietors' income) and the residence adjustments were prepared by the Quarterly Income Branch under the supervision of Robert L. Brown, Assistant Division Chief. Major responsibilities were assigned to James M. Zavrel. Contributing staff members were Elaine M. Briccetti, Daniel R. Corrin, Richard H. Grayson, and Daniel Zabronsky. Estimates of nonfarm proprietors' income, dividends, interest, rent, transfer payments, and personal contributions for social insurance were prepared by the Proprietors' Income Branch under the supervision of Bruce Levine, Chief. Major responsibilities were assigned to Charles A. Jolley. Contributing staff members were Catherine A. George, Toan A. Ly, Michael S. Wagner, Ellen M. Wright, and Marianne A. Ziver. The assembly of public use tabulations and data files and the preparation of the text and tables for this article were performed by the Regional Economic Information System Branch. Major responsibilities were assigned to Kathy A. Albetski, Wallace K. Bailey, Kenneth P. Berkman, and Gary V. Kennedy. Contributing staff members were Louise T. Johnson, Susan J. Lease-Trevathan, Jeffrey L. Newman, Michael J. Paris, Albert Silverman, Callan S. Swenson, Hilda G. Tolson, Monique B. Tyes, and Mary C. Williams. 82 • April 1992 SURVEY OF CURRENT BUSINESS from April i to July i. The per capita measures for 1988 and 1989 are calculated with revised Census Bureau midyear population estimates for each year that reflect both the 1980 and 1990 population censuses. The per capita measures for 1981-87 have also been recalculated. Factors affecting the per capita estimates The local area estimates of per capita personal income should be used cautiously for several reasons. In some instances, an unusually high or low per capita personal income is the temporary result of unusual conditions, such as a bumper crop or a hurricane. In other instances, the income levels of certain groups atypical of the resident population may cause a longer term high or low per capita personal income that is not indicative of the economic well-being of the area. For instance, a major construction project—such as a defense facility, power plant, or dam—may substantially raise the per capita personal income of an area for several years because it attracts highly paid workers whose income is measured at the construction site. This high per capita income is not indicative of the economic wellbeing of most of the residents of the area (or, in many cases, of the resident construction workers themselves, who may send a substantial portion of their wages to dependents living in other areas). Conversely, the presence of a large institutional population, such as that of a college or prison, tends to keep the per capita personal income of an area at a lower level because the residents of these institutions have little income attributable to them at these institutions. This lower per capita personal income is not indicative of the economic well-being of most of the residents of the area (or, in some cases, of the institutional populations, because some of these populations, such as college students, typically receive support from their families living in other areas). The per capita personal income estimates can also be misleading in areas where population changes rapidly. Population is measured at midyear, and income is measured as a flow over the year; therefore, a significant change in the population of an area during the year, particularly if it occurs around midyear, can distort the per capita estimates. Revision schedule for regional estimates The annual estimates of State and local area personal income for a given year are subject to successive refinement. Preliminary State estimates, based on the current quarterly series, are released 4 months after the close of the reference year and published in the April SURVEY OF CURRENT BUSINESS. In the August SURVEY, more reliable annual State estimates are published; these estimates are developed independently of the quarterly series and are prepared in greater component detail, primarily from Federal and State government administrative records. These annual State estimates are subsequently revised to incorporate newly available information used to prepare the current local area estimates. These revised State estimates, together with the current local area estimates, are published in the following April SURVEY. The annual estimates emerging from this three-step process are further revised for several succeeding years (the State estimates in April and August and the local area estimates in April), as additional data become available. The routine revisions of the local area estimates for a given year are normally completed with the third April release. After that, the estimates will be revised only to incorporate a comprehensive revision of the NIPA'S, which takes place approximately every 5 years, or to make important improvements to the estimates by incorporating additional or more current State and local area data; for example, the local area estimates of per capita personal income have been revised this year to incorporate population counts from the 1990 Census of Population. Data availability Personal income by type of payment and earnings by Standard Industrial Classification (sic) division, as shown in table A, are available for metropolitan areas and counties for 1969-90. A version of this table that presents earnings by sic two-digit industry Table A.—Example of Available Data for Local Areas: Personal Income by Major Source and Earnings by Major Industry, 1985-90l [Thousands of dollars] New London County, Connecticut 1985 1986 1987 1988 1989 1990 Income by Place of Residence Total personal income Nonfarm personal income Farm income2 Population (thousands) 3 Per capita personal income (dollars) Derivation of total personal income: Total earnings by place of work Less: Personal cont. for social 5insur.4 ... Plus: Adjustment for residence Equals: Net earn, by place of residence Plus: Dividends, interest, and rent6 Plus* Transfer payments 3,884,327 3,854,425 29,902 4,038,570 4,000,385 38,185 4,394,249 4,354,986 39,263 4,691,484 4,649,457 42,027 5,015,491 4,971,275 44216 5,168,391 5,119,367 49,024 2,501 15,532 2,491 16,210 2,510 17,510 2,543 18,451 2,549 19,679 2,551 20259 3,046,348 184,217 -75,655 2,786,476 615,435 482,416 3,044,324 184,031 9,992 2,870,285 653,755 514,530 3,332,359 203,777 21,804 3,150,386 697,196 546,667 3,535282 222,531 63,409 3,376,160 737,932 577,392 3,735,022 241,638 48,463 3,541,847 838,991 634,653 3,786,714 244,709 48,747 3,590,752 867,299 710,340 2,598,705 264,314 183,329 20,813 162,516 2,582,388 258,388 203,548 29,059 174,489 2,807,064 275,511 249,784 29,523 220,261 2,966,875 288,537 279,870 32,025 247,845 3,131,908 312,713 290,401 33,586 256,815 3,162,614 319,864 304236 37,772 266,464 29,902 3,016,446 2,357,958 7,250 9,191 303,952 1,068,113 237,860 830,253 151,110 74,281 257,778 51,216 435,067 38,185 3,006,139 2,323,852 8,247 3,512 171,244 1,079,060 251,683 827,377 150,454 75,538 281,868 61,118 492,811 39,263 3,293,096 2,549,919 11,736 4,158 189,801 1,101,559 264,367 837,192 167,888 88,724 311,010 102,003 573,040 42,027 3,493,255 2,699,629 14,978 5,985 236,529 1,055,987 270,156 785,831 174,485 97,721 345,368 96,139 672,437 44,216 3,690,806 2,843,201 14,141 6,437 246,883 1,105,278 288,602 816,676 189,875 105,605 352,542 90,361 732,079 49,024 3,737,690 2,843,639 14,706 7,344 186.516 1,124,264 306,404 817,8(50 190,095 98,4:J2 336,742 94,803 790,737 658,488 119,037 284,586 254,865 682,287 119,773 288,024 274,490 743,177 132,847 297,118 313,212 793,626 140,862 301,230 351,534 847,605 144,323 308,942 394,340 894,051 157,696 317,643 418,712 Earnings by Place of Work Earnings by type: Wages and salaries Other labor income 7 Proprietors' income Farm Nonfarm Earnings by industry: Farm Nonfarm Private Ag. serv., for., fish., and other8 Mining Construction Manufacturing Nondurable goods Durable goods Transportation and public utilities ... Wholesale trade Retail trade Rnance, insurance, and real estate Services Government and government enterprises Federal civilian Military State and local 1.1985-87 based on 1972 SIC. 1988-90 based on 1987 SIC. 2. Farm income consists of proprietors' net farm income, the wages of hired labor, the pay-in-kind of hired farm labor, and the salaries of officers of corporate farms. 3. Census Bureau midyear population estimates. 1981-89 are revised as of January 1992 to reflect 1980 and 1990 Census population counts. Midyear 1990 population estimates were prepared by BEA by adjusting the April 1990 population counts based on the Census Bureau July 1990 State estimates and the 1988-89 trend in the revised Census Bureau county estimates. 4. Personal contributions for social insurance are included in earnings by type and industry but excluded from personal income. 5. U.S. adjustment for residence consists of adjustments for border workers: income of U.S. residents commuting outside U.S. borders to work less income of foreign residents commuting inside U.S. borders to work plus certain Caribbean seasonal workers. 6. Includes the capital consumption adjustment for rental income of persons. 7. Includes the inventory valuation and capital consumption adjustments. 8. "Other" consists of wages and salaries of U.S. residents employed by international organizations and foreign embassies and consulates in the U.S. D Not shown to avoid disclosure of confidential information. L Less than $50,000. Estimates are included in totals. SURVEY OF CURRENT BUSINESS is also available. In addition, there are supplemental tables for employment by sic division (the "one-digit" level), for transfer payments by program, and for major categories of farm income and expenses. These tables are available on magnetic tapes, computer printouts, microcomputer diskettes, and a CD-ROM. Each table for all years of data for all the metropolitan areas or for all the counties is available on a single reel of magnetic tape, but the more detailed (sic two-digit industry) table requires two reels at standard blocksize; the price of each reel of magnetic tape is $100. The tables on computer printouts are priced by the page, and those on diskette, by diskette; the cost of an order depends on the number of table series, of areas, and of years of data ordered. The entire set of these tables for all counties and metropolitan areas and for all years is available on a CD-ROM. This CD-ROM April 1992 • 83 also contains quarterly State estimates of personal income for 1969-91, gross state product for 1977-89, projections of State and metropolitan area personal income and employment to 2040, and a description of the sources and methods used to estimate local area personal income. The CD-ROM is designed for use with microcomputers equipped with the MS-DOS operating system; it is packaged with a floppy diskette that contains a program to help users select, display, print, and copy the tables. The price of the package is $35.00. For further information or to place an order, call (202) 254-6630 or write to the Regional Economic Information System, BE-55, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Tables i and 2 follow. HI 84 • April 1992 SURVEY OF CURRENT BUSINESS Table 1.—Total Personal Income and Per Capita Personal Income by Metropolitan Area, 1988-90 Per capita personal income 3 Total personal income Area name 1988 United States1 Metropolitan portion Nonmetropolitan portion Percent change2 Millions of dollars 1989 1990 4,059,232 4,378,166 4,664,057 3,352,587 3,616,403 3,853,356 706,645 761,763 810,701 1989-90 6.5 6.6 6.4 Dollars 1988 1989 U.S. 1990 18,824 154,821 28,524 47,904 67,252 33,913 86,210 59,132 261,131 54,378 27,804 402,137 111,266 36,946 23,214 135,879 44,856 20,088 167,142 30,528 51,307 72,027 36,303 92,292 64,490 283,232 59,245 29,875 431,586 119,779 39,394 25,877 145,543 49,782 21,386 177,562 32,577 54,216 77,518 38,806 96,214 70,878 302,747 62,982 31,695 456,336 127,045 42,168 28,213 157260 54,514 6.5 6.2 6.7 5.7 7.6 6.9 4.2 9.9 6.9 6.3 1,725 10,428 1,444 14,787 7,478 1,665 11,596 1,682 2,869 51,327 4,765 1,889 1,810 5,695 1,441 4,731 2,502 2,026 50,747 6,666 5,449 6,607 11,523 7,471 44,655 1,999 7,337 1,939 5,170 2,480 1,668 2,361 32,850 1,663 2,367 4,144 13,777 1,162 1,340 2,033 3,226 1,818 11,194 1,541 15,972 7,960 1,770 12,473 1,812 3,032 55,462 5,302 2,035 1,936 6,180 1,518 5,126 2,753 2,218 54,098 7,122 6,005 7,296 12,445 7,963 48,143 2,169 7,924 2,056 5,480 2,637 1,849 2,500 34,877 1,829 2,511 4,420 14,809 1,263 1,460 2,298 3,565 1,918 11,870 1,652 16,985 8,451 1,919 13,178 1,929 3,187 59,191 5.658 2,093 2,068 6,466 1,596 5,477 2,968 2,357 57,798 7,559 6,591 7,712 13,659 8,691 51,284 2,281 8,632 2,171 5,925 2,817 2,064 2,623 36,513 1,958 2,661 4,629 15,893 1,333 1,560 2,468 3,896 5.5 6.0 7.2 6.3 6.2 8.4 5.6 6.5 5.1 6.7 83,483 4,171 3,186 2,947 2,714 89,097 4,534 3,610 3,155 2,949 92,019 4,844 3,849 3,448 3,262 24,062 2,071 1,335 15,579 1,654 2,350 5,829 978 2,774 2,583 6,437 3,662 18,349 2,157 6,283 1,092 118,844 2,343 24221 1,878 33,556 6.036 25,695 2,278 1,447 16,627 1,788 2,583 6,178 997 3,051 2,763 6,485 3,880 19,949 2,365 6,635 1,145 128,028 2,543 25,908 2,008 35,962 6.412 26,757 2,543 1,545 17,712 1,879 2,735 6,558 1,092 3,241 2,938 7,589 4,154 21,565 2,525 7,073 1,213 136,004 2,758 27,675 2,119 38,005 6.705 6.1 5.7 6.1 7.0 9.0 8.1 9.5 16,600 17,738 18,696 17,713 18,895 19,885 12,787 13,745 14,559 Columbia MO Columbia SC 15,708 19,310 16,575 17,334 17,943 18,493 18,552 16,210 18,827 17,668 17,534 22,432 19,020 16,257 16,434 22,396 18,561 16,823 20,782 17,605 18,576 18,873 19,738 19,836 17,551 19,871 18,893 18,717 24,040 20,375 17,467 17,908 23,565 20,027 17,997 21,982 18,632 19,640 19,821 20,950 20,595 19,028 20,691 19,606 19,665 25,405 21,499 ZZI 18,827 18,938 25,037 21,087 14,353 15,948 12,715 17,022 15,917 12,466 17,196 12,823 15,362 22,233 20,830 14,402 12,675 20,461 12,242 15,286 14,542 13,308 18,702 21,306 13,967 18,998 15,395 14,417 19,088 13,897 13,793 14,326 14,111 13,113 13,751 14,667 25,432 14,587 12,038 15,618 15,254 13,693 12,585 16,494 16,373 15,202 17,061 13,631 18,306 16,731 13,356 18,306 13,852 16,239 23,424 23,295 15,544 13,422 22,020 13,009 16,410 15,856 14,346 19,439 22,486 15,237 20,677 16,260 14,943 20,373 14,885 14,945 15,166 15,117 14,075 14,863 15,522 27,150 16,090 12,760 16,676 16,363 14,975 13,530 18,148 17,709 16,021 18,029 14,695 19,404 17,518 14,615 19,131 14,779 16,961 24.400 25,035 16,018 14,205 22,782 13,776 17,321 16,934 15,022 20,263 23,585 16,565 21,516 17,345 15,881 21,461 15,521 16,354 15,944 16,416 15,162 16,002 16,232 28,593 17272 13,486 17,506 17,479 15,926 14,266 18,961 18,786 211 120 281 69 137 283 78 275 158 17 22,135 18,839 16,027 15,454 15,217 23,524 20,303 17,555 16,539 16,030 24,315 21,421 17,997 17,951 17,009 18 34 122 125 156 28,945 8,158 11,077 15,947 15,620 17,626 14,761 15,174 16,693 15,014 13,092 14,348 16,357 16,782 14,648 15,030 19,623 13,429 16,859 11,385 18,252 15.617 30,962 8,873 11,963 17,092 16,678 19,054 15,660 15,929 18215 16,017 12,954 15,392 17,425 18205 15,378 15,710 21,120 14,214 17,922 11,993 19,602 16.361 32,342 9,728 12,641 18,305 17,306 19,872 16,638 17,957 19,148 16,957 14,903 16,615 18,455 19,200 16298 16,555 22,385 15,051 19,010 12,451 20,758 16.807 1 318 311 108 148 57 177 124 77 159 268 179 104 73 Metropolitan Statistical Areas5 Abilene TX Akron OH* Albany, GA Albany-Schenectady-Troy, NY Albuquerque NM Alexandria LA Allentown-Bethlehem-Easton, PA-NJ Altoona, PA Amarillo, TX Anaheim-Santa Ana CA * Anchorage AK Anderson, IN Anderson, SC Ann Arbor Ml * Anniston, AL Appleton-Oshkosh-Neenah, Wl Asheville NC Athens GA Atlanta, GA Atlantic City, NJ Augusta, GA-SC Aurora-Elgin IL* . Austin TX Bakersfield CA Baltimore, MD Bangor, ME (NECMA) Baton Rouge, LA Battle Creek Ml Beaumont-Port Arthur TX Beaver County, PA* Bellingham, WA Benton Harbor, Ml Bergen-Passaic NJ* Billings MT Biloxi-Gulfport MS Binghamton, NY Birmingham, AL Bismarck ND Bloomington IN Bloomington-Normal, IL Boise City, ID Boston-Lawrence-Salem-LowellBrockton MA Boulder-Longmont CO* Bradenton FL Brazoria TX* Bremerton WA Bridgeport-Stamford-NorwalkDanbury CT* Brownsville-Harlingen, TX Bryan-College Station, TX Buffalo NY* Burlington NC Burlington VT Canton OH Casper WY Cedar Rapids IA Champaign-Urbana-Rantoul, IL Charleston SC Charleston WV Charlotte-Gastonia-Rock Hill, NC-SC Charlottesville, VA Chattanooga TN-GA Cheyenne WY Chicago IL* Chico CA Cincinnati OH-KY-IN* Clarksville-Hopkinsville, TN-KY Cleveland OH* Colorado Sennas. CO 6.7 2.8 6.8 4.6 5.2 6.9 7.8 6.3 6.8 6.1 9.8 5.7 9.8 9.1 6.5 5.2 8.9 5.6 8.1 6.8 11.6 4.9 4.7 7.1 6.0 4.7 7.3 5.5 6.9 7.4 9.3 3.3 6.8 6.6 9.3 10.6 4.1 11.6 6.7 6.5 5.1 5.9 6.1 9.5 6.2 6.3 17.0 7.1 8.1 6.8 6.6 5.9 6.2 8.5 6.8 5.5 5.7 4.6 Area name 1990 Consolidated Metropolitan Statistical Areas4 Buffalo NY Chicago, IL Cincinnati, OH Cleveland OH Dallas, TX Denver, CO Detroit Ml Houston TX Los Anqeles CA Miami FL Milwaukee, Wl New York, NY Philadelphia, PA Pittsburgh, PA Portland, OR San Francisco, CA Seattle, WA Per capita personal income 3 Total personal income Rank in 13 212 291 22 302 146 161 262 51 20 184 32 142 220 33 242 193 216 190 258 214 204 3 149 304 139 141 217 289 83 88 199 186 25 260 80 312 45 165 Columbus OH Corpus Christi, TX Cumberland, MD-WV Dallas TX* Danville VA Davenport-Rock Island-Moline, IA-IL Dayton-Springfield, OH Daytona Beach FL Decatur AL Decatur, IL Denver, CO* Des Moines, IA Detroit Ml Dothan AL Dubuque IA Duluth MN-WI Eau Claire Wl El Paso TX Elkhart-Goshen IN Elmira, NY Enid OK Erie, PA Eugene-Springfield OR Evansville IN-KY Fargo-Moorhead, ND-MN Fayetteville, NC Fayetteville-Springdale AR Flint Ml Florence, AL Florence, SC Fort Collins-Loveland, CO Fort Lauderdale-HollywoodPompano Beach FL* Fort Myers-Cape Coral, FL Fort Pierce, FL Fort Smith AR-OK Fort Walton Beach, FL Fort Wayne IN Fort Worth-Arlington, TX* Fresno CA Galveston-Texas City, TX* Gary-Hammond, IN* Glens Falls NY Grand Forks ND Grand Rapids, Ml Great Falls, MT Greeley CO Green Bay Wl Greensboro-Winston-Salem-High Point NC Greenville-Spartanburg, SC Hagerstown MD Hamilton-Middletown, OH * Harrisburg-Lebanon-Carlisle, PA Hartford-New Britain-MiddletownBristol CT (NECMA) Hickory-Morganton, NC Honolulu HI Houma-Thibodaux, LA Houston TX* Huntington-Ashland, WV-KY-OH Huntsville AL Indianapolis IN Iowa City, IA Jackson, Ml Jackson, MS Jackson TN Jacksonville FL Jacksonville NC Jamestown-Dunkirk, NY Janesville-Beloit, Wl Jersey City, NJ* Johnson City-Kingsport-Bristol. TNJohnstown, PA Joliet IL* Joplin, MO Kalamazoo Ml Kankakee, IL Kansas City, MO-KS Kenosha, Wl* Knoxville, TN Kokomo IN La Crosse Wl Lafayette, LA Lafayette IN Lake Charles LA Lake County, IL* Lakeland-Winter Haven. FL Percent change2 Millions of dollars 1988 1989 1,652 6,774 3,156 21,939 4,476 1,280 45,917 1,469 5,514 15,221 5,036 1,734 1,796 7,389 3,344 23,747 4,723 1,357 49,196 1,564 5,956 16219 5,494 1,856 2,006 31,769 7,245 86,112 1,864 1,326 3,455 2,025 6,451 2,548 1,432 899 4,210 4,185 4,617 2,242 3,346 1,553 6,945 1,710 1,518 2,956 1,935 7,960 3,575 25,328 5,188 1,451 52,741 1,612 6,358 17,114 5,861 2,022 2,107 33,962 7,758 89,748 1,963 1,411 3,673 2,141 6,871 2,632 1,513 941 4,499 4,470 4,905 2,430 3,556 1,678 7,247 1,837 1,231 2,723 3,346 8,769 1,611 869 11,069 1,152 1,827 3,030 26,488 5,954 4,478 2,314 2,125 6,492 22,831 9,992 1,282 2,968 3,554 9,526 1,745 933 12,058 1,247 1,979 3,319 28,256 6,408 4,924 2,456 2,288 6,776 24,777 11,002 1,337 3,199 3,865 10,031 1,859 970 12,857 1,318 2,095 3,613 15,510 9,171 1,736 4,303 9240 16,713 9,983 1,866 4,621 9,986 17,604 10,739 1,977 4,902 10,639 24,618 3,161 14,685 2,053 52,840 3,844 3,886 21,058 1,447 2,114 5,375 1,020 13,918 1,473 1,914 2,067 9,120 26,278 3,397 16,206 2,148 57,780 4,062 4,255 22,883 1,632 2262 5,845 1,106 15,057 1,579 2,032 2,200 9,712 27,503 3,627 17,881 2,328 63,565 4,374 4,553 24,478 1,747 2,365 6,198 1,191 16,134 1,537 2,154 2,339 10,197 5,522 3,041 6,380 1,708 3,602 1,366 27,044 2,052 3,030 8,568 1,551 1,438 2,776 1,754 2,162 12,170 5283 5,894 3240 6,966 1,809 3,917 1,457 28,896 2,143 3,184 9,126 1,666 1,555 2,938 1,931 2,275 13,182 5.766 6,332 3,469 7,374 1,914 4,096 1,567 30,614 2,231 3,382 9,737 1,724 1,652 3,250 2,075 2,514 14,211 6,056 1,873 29,742 6,702 80,515 1,727 1,217 3,158 1,845 5,874 2,374 1,321 865 3,913 3,787 4,333 2,096 3,161 1,427 6,588 1,625 1,431 2,705 24,153 5,240 4,009 2,208 1,968 6,023 21,335 9,187 1990 1,713 3,207 1989-90 Rank in Dollars U.S. 1988 1989 1990 14,902 15,261 12,858 16,303 12,778 12,525 18,631 13,015 15,521 16,118 14,494 13,319 15,641 18,446 17,461 18,430 13275 14,074 13,017 13,592 10256 15,659 13,917 14,641 14,134 13,850 15,613 13,816 11,667 12,862 15254 12,211 12,623 14,972 16,091 16,438 13,701 17,408 13,527 13,329 19,611 14,141 16,896 17,099 15,266 14,185 16,963 19,660 18,642 19,696 14284 15,360 14,344 14,825 11,085 16,514 15,051 15,580 15246 15,055 16,585 14,685 12,255 13,828 16,126 12,957 13,315 16,106 17,175 17,502 14,722 18,319 14,813 14,275 20,522 14,896 18,141 17,965 15,648 15,335 18,021 20,885 19,662 20,453 14,960 16,323 15,320 15,521 11,545 16,770 15,885 16,667 16,331 15,701 17,562 15,824 12,923 14,736 16,829 14,001 14,961 17,140 4.3 7.8 8.7 5.3 6.5 4.0 6.6 5.7 5.8 8.9 20,033 16,960 17,400 12,721 14,258 16,852 16,623 14,456 12249 13,738 15,455 14,466 13,810 12,264 16,522 14,738 13,872 15,929 21,515 18,427 18,531 13,236 15,073 17,974 17,458 15,278 12,814 14,756 16,421 15,735 14,808 13,172 17,739 16,010 15,045 17242 22,355 18,877 19,349 13,928 15,803 18,570 18,478 16,365 13,394 15,594 17,744 16,592 15,641 13,732 18,588 16,965 15,874 18,490 26 85 71 298 228 97 102 191 306 239 131 182 238 303 94 157 221 100 5.3 7.6 5.9 6.1 6.5 16,821 14,648 14,560 15,137 15,911 17,904 15,725 15.494 16,019 17,075 18,621 16,696 16,238 16,750 18,053 93 172 203 170 118 4.7 6.7 22,072 14,495 17,890 11,074 16,305 12,111 16,577 17,180 15,645 14,309 13,702 13,146 15,970 10245 13,356 14,866 16280 23,442 15,432 19,561 11,666 17,685 12,926 17,971 18,456 17,278 15208 14,843 14,216 16,926 10,726 14249 15,808 17,456 24,444 16,313 21,307 12,754 19,175 14,015 18,990 19,522 18,057 15,750 15,644 15,262 17,675 10,190 15,197 16,742 18,463 16 197 41 310 75 12,634 12,399 16,727 12,796 16,313 14,136 17,581 16,344 12,192 14,325 15,813 14,959 13,143 13,661 12,756 24,316 13,589 13,503 13,337 18,048 13,486 17,637 15,111 18,600 16,887 12,651 15,159 17,098 16,022 13,993 14,893 13,475 25,879 14,514 14,520 14,407 18,854 14,153 18,288 16,283 19,482 17,338 13,180 16,066 17,803 16,811 15,590 15,847 14,968 27,378 14,835 7.8 7.7 6.9 6.7 9.9 6.9 7.2 3.1 6.7 5.5 6.7 8.9 5.0 6.9 7.1 42 5.3 6.4 6.3 5.7 6.5 3.3 5.7 4.7 6.9 6.8 6.2 8.4 6.3 8.0 4.3 7.4 12.9 8.5 6.7 7.6 10.0 6.2 7.6 4.4 8.5 10.1 10.3 8.4 10.0 7.7 7.0 7.0 7.0 4.6 6.0 7.7 72 -2.7 6.0 6.3 5.0 7.4 7.1 5.8 5.8 4.6 7.6 5.9 4.1 62 6.7 3.4 6.2 10.6 7.5 10.5 7.8 5.0 1990 152 140 279 107 274 288 46 269 114 123 236 249 121 43 61 48 265 196 250 242 313 167 219 175 194 234 136 224 309 278 162 296 264 153 295 82 65 117 231 237 251 134 317 255 171 103 284 286 86 293 109 200 66 143 308 209 128 164 240 222 263 6 272 SURVEY OF CURRENT BUSINESS April 1992 • 85 Table 1.—Total Personal Income and Per Capita Personal Income by Metropolitan Area, 1988-90—Continued Per capita personal income3 Total personal income Area name Lancaster, PA Lansing-East Lansing, Ml Laredo, TX . .. . Las Cruces NM Las Vegas NV Lawrence KS Lawton OK Lewiston-Auburn, ME (NECMA) Lexington-Fayette KY Lima OH Lincoln, NE Little Rock-North Little Rock, AR Longview-Marshall, TX Lorain-Elyria OH* Los Angeles-Long Beach, CA* Louisville, KY-IN Lubbock, TX . . Lynchburg, VA Macon-Warner Robins, GA Madison, Wl Manchester-Nashua, NH (NECMA) . Mansfield OH Mcallen-Edinburg-Mission, TX Medford, OR Melbourne-Titusville-Palm Bay, FL .. Memphis, TN-AR-MS Merced, CA Miami-Hialeah, FL* Middlesex-Somerset-Hunterdon, NJ * Midland, TX Milwaukee, Wl* Minneapolis-St. Paul, MN-WI Mobile, AL Modesto, CA Monmouth-Ocean, NJ* Monroe, LA Montgomery, AL Muncie, IN Muskegon, Ml Maniac PI Nashville, TN Nassau-Suffolk, NY* New Bedford-Fall River-Attleboro, MA (NECMA) New Haven-Waterbury-Meriden, CT /MPPMA\ New London-Norwich, CT (NECMA) NPW Orleans. I A New York NY* Newark, NJ* Nianara Fa lie NIV* Norfolk-Virginia Beach-Newport News, VA Oakland, CA* Ocala FL Odessa TX Oklahoma City OK Olympia WA Omaha NE-IA Orange County NY * Orlando FL Owensboro, KY Oxnard- Ventura CA * Panama City, FL Parkersburg-Marietta, WV-OH Pascagoula MS Pensacola FL Peoria IL Philadelphia, PA-NJ* Phoenix AZ Pine Bluff AR Pittsburgh PA* Pittsfield; MA (NECMA) Portland ME (NECMA) Portland OR* Portsmouth-Dover-Rochester, NH (NECMA) Poughkeepsie, NY Providence-Pawtucket-Woonsocket, Rl (NECMA) Provo-Orem, UT Pueblo, CO Racine Wl* Raleigh-Durham, NC Rapid City, SD Reading] PA Percent change2 Millions of dollars 1988 1989 1990 6,872 6,662 972 1,311 10,746 993 1,361 1,507 5,498 2279 3,234 7,540 2255 3,921 161,167 15216 3,016 1,998 4,101 6,242 6,985 1,867 2,828 1,959 5,999 15,148 2,158 30225 24,745 1,853 24,932 45,891 5,941 4,779 21,571 1,752 4,257 1,652 2,091 3,125 15,999 63,931 7,553 7,129 1,076 1,431 12,377 1,096 1,413 1,633 5,989 2,409 3,532 8,122 2,378 4,152 173,871 16,307 3,203 2,149 4,398 6,852 7,369 1,961 3,113 2,132 6,618 16,367 2,341 32,756 26,388 1,948 26,831 49,590 6,400 5,224 22,915 1,842 4,581 1,767 2,235 3,609 17,151 69,022 8,023 7,513 1,205 1,546 14,088 1,163 1,474 1,704 6,473 2,539 3,821 8,717 2,557 4,341 185,131 17,421 3,446 2262 4,670 7,409 7,603 2,042 3,438 2,298 7,117 17,512 2,507 34,726 28,047 2,067 28,462 52,835 6,902 5,699 24,309 1,970 4,905 1,877 2,353 3,951 18,146 72,837 1989-90 1988 6.2 5.4 12.1 8.0 13.8 6.1 4.3 4.3 8.1 5.4 8.2 7.3 7.5 4.6 6.5 6.8 7.6 5.3 6.2 8.1 3.2 4.1 10.4 7.8 7.5 7.0 7.1 6.0 6.3 6.1 6.1 6.5 7.8 9.1 6.1 7.0 7.1 6.3 5.3 9.5 5.8 5.5 Rank in U.S. Dollars 16,786 15,568 7,653 9,825 16,386 12,598 12,067 14,530 16,205 14,832 15,489 14,860 13,831 14,455 18,805 16,016 13,650 13,977 14,670 17,478 21,289 14,733 7,684 13,952 15,953 15,624 12,651 16,144 24,720 17,482 17,653 19,218 12,620 13,744 22,307 12,235 14,578 13,731 13,283 22,612 16,702 24,435 1989 1990 18,111 16,570 8,261 10,640 17,721 13,597 12,626 15,584 17,412 15,634 16,699 15,911 14,656 15,307 19,891 17,159 14,472 15,086 15,679 18,910 22,019 15,510 8,281 14,871 17,047 16,760 13,366 17,198 26,071 18,371 18,869 20,411 13,506 14,475 23,420 12,903 15,686 14,728 14,130 24,755 17,617 26,404 18,878 17,322 8,973 11,379 18,625 14,136 13,228 16,154 18,488 16,434 17,816 16,949 15,730 16,006 20,786 18,263 15,443 15,914 16,596 20,087 22,581 16,191 8,899 15,582 17,668 17,797 13,961 17,823 27,418 19,345 19,817 21,330 14,434 15238 24,567 13,869 16,751 15,697 14,767 25,589 18,339 27,919 8,511 9,052 9,382 3.6 16,896 17,874 18,521 99 16,196 4,691 18,296 177,094 43,411 3245 17,205 5,015 19,161 191,081 46,154 3,461 17,873 5,168 20,465 203,104 48,457 3,674 3.9 3.0 6.8 6.3 5.0 6.2 20,270 18,451 14,494 20,802 23,501 14,650 21,436 19,679 15,331 22,379 25,155 15,643 22,197 20,259 16,560 23,744 26,600 16,647 27 52 185 19 8 176 20,876 42291 2,288 1,607 14,045 2,294 9,880 5,353 16,193 1,175 12,586 1,607 2,045 1,404 4,476 5,385 91,172 34,005 1,058 34,466 2,518 4,486 19,952 22,023 45,488 2,528 1,678 15,002 2,550 10,707 5,741 17,849 1,298 13,521 1,732 2,133 1,452 4,805 5,808 97,859 36,279 1,106 36,757 2,712 4,937 22,182 23,302 49,101 2,721 1,752 15,840 2,821 11,519 6,116 19,246 1,382 14,428 1,893 2,267 1,551 5,179 6,140 103,828 38,470 1,180 39,351 2,790 5,211 24,173 5.8 7.9 7.6 4.4 5.6 10.6 7.6 6.5 7.8 6.4 6.7 9.3 6.3 6.8 7.8 5.7 6.1 6.0 6.7 7.1 2.9 5.6 9.0 15,385 21,035 12,631 13,167 14,662 15,123 16,201 17,926 16,222 13,534 19,710 13,117 13,539 12,004 13,402 15,803 18,897 16,655 12,261 16,543 17,825 18,917 16,786 15,975 22,159 13,409 13,985 15,676 16,306 17,427 18,885 17,192 14,944 20,604 13,882 14,232 12,531 14,169 17,096 20,205 17,317 12,885 17,774 19,300 20,485 18,270 16,613 23,452 13,802 14,766 16,501 17,312 18,583 19,788 17,737 15,822 21,420 14,814 15,212 13,475 14,956 18,104 21,347 18,042 13,809 19,159 20,068 21,362 19,352 180 21 301 277 188 147 96 60 132 225 35 273 254 305 266 115 37 119 300 76 55 36 70 6,541 5,067 6,998 5,420 7,164 5,761 2.4 6.3 19,269 20,132 20,405 19,678 20,941 22,173 49 28 15255 2,485 1,536 2,872 12,255 1,095 5,849 16,386 2,730 1,636 3,043 13,521 1,188 6,334 17,129 3,037 1,746 3,233 14,679 1293 6,634 4.5 11.2 6.7 62 8.6 8.9 4.7 16,777 9,671 12,383 16,571 17,469 13,880 17,689 17,939 10,487 13273 17,483 18,757 14,794 18,965 18,665 11,467 14,197 18,426 19,814 15,820 19,655 91 315 292 105 59 226 62 1. The personal income level shown for the United States is derived as the sum of the county estimates; it differs frbm the national income and product accounts (NIPA) estimate of personal income because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S. firms. It can also differ from the NIPA estimate because of different data sources and revision schedules. 2. Percent change was calculated from unrounded data. 3. Per capita personal income was computed using Bureau of the Census midyear population estimates. The years 1988-89 are revised as of January 1992 to reflect 1980 and 1990 Census population counts. Midyear 1990 Area name 1990 84 145 319 316 92 294 307 208 101 189 127 160 233 213 44 111 247 218 181 54 23 207 320 241 135 129 297 126 5 72 58 39 285 252 15 299 169 235 276 10 106 4 Per capita personal income3 Total personal income Redding CA Reno NV Richland-Kennewick-Pasco, WA Richmond-Petersburg, VA Riverside-San Bernardino, CA* Roanoke, VA Rochester, MN Rochester NY Rockford IL Sacramento, CA Saginaw-Bay City-Midland, Ml St Cloud, MN St Joseph MO St Louis MO-IL Salem OR Salinas-Seaside-Monterey, CA Salt Lake City-Ogden, UT San Angelo TX San Antonio TX San Diego CA San Francisco, CA* San Jose, CA* Santa Barbara-Santa Maria-Lompoc, CA Santa Cruz, CA* Santa Fe NM Santa Rosa-Petaluma, CA* Sarasota FL Savannah GA Scranton-Wilkes-Barre, PA Seattle WA* Sharon, PA Sheboygan Wl Shreveport, LA Sioux City IA NE Sioux Falls, SD Spokane, WA Springfield, IL QnrinnfiolH MH Springfield, MA (NECMA) State College, PA Steubenville-Weirton, OH-WV Stockton, CA Syracuse NY Tacoma, WA* Tallahassee, FL Tampa-St. Petersburg-Clearwater, FL Terre Haute, IN Texarkana, TX-Texarkana, AR Toledo OH Topeka, KS Trenton, NJ* Tucson, AZ Tulsa OK Tuscaloosa, AL Tyler, TX Utica-Rome, NY Vallejo-Fairfield-Napa, CA* Vancouver, WA* Victoria TX Vineland-Millville-Bridgeton, NJ* Visalia-Tulare-Porterville, CA Waco TX Washington DC-MD-VA Waterloo-Cedar Falls, IA Wausau Wl West Palm Beach-Boca RatonDelray Beach FL Wheeling, WV-OH Wichita KS Wichita Falls TX Williamsport PA Wilmington DE-NJ-MD* Wilmington NC Worcester-Fitchburg-Leominster, MA (NECMA) Yakima WA York PA Youngstown-Warren, OH Yuba City CA Yuma AZ Percent change2 Millions of dollars 1988 1989 1990 2,020 4,647 2,116 15,804 36,052 3,724 1,827 17,867 4,651 23,668 6,186 2,378 1,190 43,922 3,688 5,975 13,904 1,385 17,845 41,950 41,827 33,110 2,205 5,085 2,284 17,326 40,378 4,019 2,030 19,390 4,942 26,063 6,579 2,630 1,267 47,038 4,060 6,383 14,962 1,476 19,155 46,217 44,576 35,328 2,409 5,511 2,512 18,357 43,997 4,288 2,195 20,399 5,189 28,651 6,925 2,764 1,328 49,451 4,422 6,954 16,182 1,564 20,310 49,344 48,107 37,882 9.3 8.4 10.0 6.0 9.0 6.7 8.1 52 5.0 9.9 5.3 5.1 4.8 5.1 8.9 8.9 8.2 6.0 6.0 6.8 7.9 72 6,876 4293 1,828 7,264 5,722 3,590 10,681 36,712 1,612 1,652 1,384 4,704 1,646 1,908 3,831 5,047 3,255 3,391 10,262 1,626 1,872 6,466 10,455 8,144 3,099 7,639 4256 2,040 8,013 6,552 3,879 11,469 40,953 1,719 1,794 1,446 4,930 1,802 2,100 4,074 5,483 3,460 3,681 10,933 1,791 1,992 6,965 11281 8,829 3,411 8,134 5,086 2210 8,629 6,990 4,183 12,146 44,931 1,835 1,880 1,549 5,251 1,909 2299 4261 5,942 3,697 3,947 11,324 1,921 2,113 7,484 12,022 9,583 3,717 32,632 1,695 1,529 9,882 2,770 7,364 9,138 10,886 1,894 2,339 4,465 7,094 3,262 1,083 2,037 3,885 2,489 86,829 2,055 1,584 35,713 1,850 1,634 10,454 2,985 8,019 9,735 11,730 2,063 2,480 4,771 7,882 3,695 1,151 2,196 4,186 2,637 94,613 2,270 1,761 18,960 2,150 7,977 1,869 1,667 10,693 1,732 12,926 2,440 7,018 7,130 1,492 1,165 Rank in U.S. Dollars 1989-90 1988 1989 1990 1990 14,381 19,914 14290 18,744 15,322 16,516 17,674 17,866 16,503 16,931 15,497 12,877 14,178 18,062 13,802 17,322 13,241 14,313 14,085 17,782 26,414 22,738 15,284 20,887 15,381 20,251 16,226 17,880 19,317 19,349 17,475 18,024 16,494 13,983 15200 19,307 14,896 18,175 14,101 15,145 14,921 18,944 27,934 23,864 16,277 21,327 16,684 21,114 16,755 19,106 20,515 20,338 18,262 19,180 17,328 14,396 15,992 20,200 15,793 19,465 15,033 15,830 15,517 19,588 29,942 25,193 202 40 173 42 168 79 47 50 112 74 144 287 215 53 229 68 261 223 244 63 2 12 6.5 19.5 8.3 7.7 6.7 7.8 5.9 9.7 6.7 4.8 72 6.5 6.0 9.4 4.6 8.4 6.8 72 3.6 7.3 6.1 7.5 6.6 8.5 9.0 19,229 19,352 16,317 19,725 21,721 14,946 14,632 19,731 13,198 16,051 14,589 13,832 14,419 15,587 15,688 14268 17244 14,474 17,101 13,355 12,699 14,170 15,864 14,646 13,811 20,952 18,795 17,767 21,097 24,181 16,051 15,661 21,382 14,151 17,362 15,263 14,627 15,728 17,052 16,568 15,386 18296 15,494 18,128 14,573 13,778 14,805 17,092 15,477 14,889 21,902 22,025 18,750 22,055 24,948 17,212 16,521 22,540 15,177 18,061 16,282 15,741 16,568 18,526 17,211 16,365 19,480 16,327 18,777 15,476 14,891 15,453 18,211 16,194 15,805 31 30 90 29 14 150 187 24 257 116 201 232 183 98 151 191 67 195 89 245 270 246 113 206 227 38,056 1,945 1,766 10,878 3,152 8,492 10,165 12,620 2,283 2,658 5,074 8,455 4,040 1241 2,324 4,616 2,830 99,953 2,438 1,887 6.6 5.1 8.1 4.1 5.6 5.9 4.4 7.6 10.6 72 6.4 7.3 9.3 7.8 5.8 10.3 7.3 5.6 7.4 72 16,454 12,904 12,784 16,146 17,343 22,769 14,106 15,362 12,837 15,669 14,011 16,617 14,564 14,544 14,802 12,975 13297 22.818 13,896 13,906 17,620 14,114 13,652 17,043 18,589 24,679 14,728 16,573 13,836 16,530 15,016 17,874 16,004 15,515 15,923 13,650 14,041 24,393 15,438 15,359 18,274 14,870 14,674 17,697 19,558 26,026 15,191 17,782 15,113 17,511 16,037 18,587 16,790 16,673 16,819 14,710 14,925 25,363 16,638 16,305 110 271 282 133 64 9 256 130 259 138 210 95 166 174 163 280 267 11 177 198 21,466 2,284 8,610 1,981 1,782 11,705 1,917 23,387 2,416 9,157 2,097 1,876 12,400 2,067 8.9 5.8 6.4 5.8 5.3 5.9 7.8 23,460 13,118 16,700 15,218 14,124 18,946 14,767 25,621 14,175 17,849 16206 15,048 20,445 16,114 26,798 15,216 18,825 17,119 15,778 21,347 17,119 7 253 87 154 230 37 154 13,741 2,707 7,535 7,590 1,633 1202 14,149 2,920 7,965 7,970 1,758 1,212 3.0 7.9 5.7 5.0 7.7 .9 18,518 13,309 17,147 14280 12,616 11,600 19,453 14,587 18,193 15,315 13,511 11,620 19,895 15,374 18,996 16,204 14,262 11,490 56 248 81 205 290 314 population estimates were prepared by BEA by adjusting the April 1990 population counts based on the Census Bureau July 1990 State estimates and the 1988-69 trend in the revised Census Bureau county estimates. 4. Only the name of the largest city in each Consolidated Metropolitan Statistical Area (CMSA) is shown. Complete titles designated by the Office of Management and Budget include additional city names. 5. Includes Metropolitan Statistical Areas, Primary Metropolitan Statistical Areas (PMSA's designated by *), and New England County Metropolitan Areas (NECMA's). The Bridgeport-Stamford-Norwalk-Danbury, CT NECMA is presented as a PMSA (part of the New York CMSA). 86 • April 1992 SURVEY OF CURRENT BUSINESS Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90 Per capita personal income3 Total personal income Area name 1988 United States l Nonmetropolitan portion Percent change2 Millions of dollars 1989 1989-90 1990 4,059,232 4,378,166 4,664,057 3,352,587 3,616,403 3,853,356 706,645 761,763 810,701 Rank in State Dollars 1988 1989 1990 6.5 6.6 6.4 16,600 17,738 18,696 17,713 18,895 19,885 12,787 13,745 14,559 56,657 40,894 15,763 60,681 43,893 16.788 7.1 7.3 6.5 13,145 14,058 14,998 14,055 15,069 16,091 11,276 11,973 12,735 458 1,222 305 177 439 99 221 1,441 446 225 489 1,349 315 188 483 100 225 1,518 469 232 516 1,443 333 201 516 108 238 1,596 477 248 5.5 7.0 5.4 7.1 6.8 7.8 5.8 5.2 1.8 6.8 13,365 12,833 12,032 10,905 11,183 9,018 10,116 12242 11,900 11,646 14,299 13,923 12,440 11,447 12,323 9,114 10,283 13,009 12,648 11,940 15,076 14,603 13,067 12,114 13,135 9,761 10,840 13,776 12,968 12,642 9 12 28 48 27 64 59 21 30 38 Covinoton 348 162 303 147 134 513 622 153 108 410 366 169 323 158 144 547 645 161 112 437 392 183 346 172 156 566 690 173 118 467 72 7.8 7.0 8.5 8.3 3.5 6.9 7.5 5.9 6.8 10,885 10,010 11,080 11,054 10,478 12,776 11,820 10,548 9,848 11210 11,352 10,537 11,860 11,927 11,350 13,617 12,402 11,282 10,138 11,982 12,043 11,411 12,698 12,948 12,287 14,057 13,380 12,333 10,664 12,795 50 56 37 31 45 18 26 43 60 35 Crenshaw Cullman Dale Dallas De Kalb El more Escambia Etowah Fayette Franklin 150 802 608 512 667 630 393 1,231 193 346 154 876 650 534 731 671 409 1,282 210 359 163 934 680 574 787 734 433 1,337 221 382 5.6 6.7 4.5 7.5 7.6 9.4 5.8 4.3 5.7 6.5 11,063 11,959 12,319 10,409 12,280 13,033 10,864 12,249 10,583 12,386 11,344 13,008 13,144 10,994 13,425 13,752 1 1 ,431 12,814 11,590 12,884 11,918 13,794 13,672 11,946 14,374 14,870 12,200 13,394 12,352 13,736 53 20 23 52 16 10 47 25 42 22 290 89 125 183 1,118 547 10,592 179 1,003 316 315 93 129 193 1,213 564 11,348 188 1,065 333 329 99 141 198 1,283 609 12,130 198 1,147 371 4.5 7.0 9.0 2.5 5.8 8.1 6.9 5.3 7.7 11.4 12,118 8,720 8,156 11,976 13,860 11,273 16,131 11,268 12,467 10,001 13252 9,090 8,377 12,569 14,980 11,737 17,373 11,929 13,318 10,571 13,922 9,757 9,045 12,839 15,746 12,767 18,624 12,636 14,403 11,763 19 65 67 34 6 36 2 39 14 54 Limestone Lowndes Macon Madison Marengo Marion Marshall Mobile Monroe 1,025 707 128 219 3,886 254 303 929 4,719 249 1,119 729 143 229 4,255 262 313 999 5,051 267 1,179 794 141 245 4,553 284 328 1,079 5,459 299 5.3 8.9 -1.2 6.7 7.0 8.5 4.7 8.0 8.1 11.8 12,040 13,281 10,104 8,674 16,577 10,878 10,036 13,224 12,566 10,544 12,977 13,579 11278 9,146 17,971 11,301 10,446 14,171 13,399 11234 13,470 14,617 11,134 9,826 18,990 12,332 11,001 15204 14,389 12,430 24 11 57 63 1 44 58 7 15 41 Montoomerv Morgan Perry Pickens Pike Randolph Russell St. Clair Shelby Sumter 3,169 1,419 107 199 311 214 524 558 1,322 149 3,421 1,523 110 215 332 226 555 606 1,454 159 3,655 1,651 118 236 357 240 604 656 1,605 169 6.8 8.4 72 9.9 7.7 6.2 8.9 8.2 10.4 6.5 15,133 14,380 8,199 9,532 11259 10,777 11204 11,463 14,515 9,170 16,365 15,330 8,516 10,365 12,026 11,372 11,851 12272 15,186 9,801 17,469 16,458 9,247 11,418 12,938 12,069 12,873 13,056 15,935 10,466 3 4 66 55 32 49 33 29 5 62 Talladega Tallapoosa Tuscaloosa Walker Washington Wilcox Winston 812 487 1,894 865 178 130 233 857 522 2,063 919 187 131 261 905 553 2,283 986 209 142 265 5.5 5.9 10.6 7.3 11.6 8.1 1.6 10,879 12,584 12,837 12,819 10,741 9,418 10,470 11,541 13,488 13,836 13,602 11,258 9,626 11,803 12,212 14,235 15,113 14,556 12,507 10,471 12,023 46 17 8 13 40 61 51 10,101 4,765 5,336 11,263 5,302 5,961 11,933 5,658 6275 5.9 6.7 5.3 33 134 4,765 159 38 107 1,205 39 139 5,302 172 43 115 1,326 64 42 152 5,658 182 44 119 1,377 52 8.0 9.2 6.7 5.9 2.0 3.5 3.9 -19.3 Autauga Baldwin Barbour Bibb Blount Bullock Butler Calhoun Cherokee Chilton Choctaw Clarke Clay Cleburne Coffee Colbert Conecuh Geneva Greene Hale Henry Houston Jackson Jefferson Lamar Lauderdale Lawrence Lee Alaska Metropolitan portion Nonmetropolitan portion Aleutians East Borough Aleutians West Census Area Anchorage Borough Bristol Bay Borough Dillingham Fairbanks North Star Borough .... Haines Borouah See footnotes at end of table. 1988 14,522 15,084 20,830 12,059 29,464 19,531 16,206 27.805 16,243 15,066 23295 12,812 31,861 20,509 17,367 30.492 16,849 15,847 25,035 13,284 31,072 20,823 17,607 24233 17 18 5 23 1 12 15 7 1989 1989-90 1990 Rank in State Dollars 1988 1989 1990 1990 Juneau Borough Kenai Peninsula Borough 614 671 683 796 719 832 52 4.5 23,791 16,566 25,882 26,722 19,553 20,376 2 13 Ketchikan Gateway Borough Kodiak Island Borough Matanuska-Susitna Borough Nome North Slope Borough Northwest Artie Borough Prince of Wales-Outer Ketchikan Cififo Rnrnnnh 284 251 521 111 108 83 87 170 75 81 317 291 578 119 125 92 98 184 84 84 355 292 627 125 141 111 108 194 96 90 11.7 .4 8.4 4.6 12.5 212 9.9 5.1 14.4 7.3 20,863 18,656 13,673 13,867 19274 14,194 14,845 20,124 17,971 13,465 23,081 21,726 14,809 14,575 21,585 15,310 16,049 21,580 19,641 14,034 25,594 21,995 15,703 14,956 23,365 18,069 16,973 22,493 21,828 15,199 3 10 19 22 8 14 16 9 11 21 212 53 165 118 258 58 170 124 245 60 180 132 -52 4.6 6.0 6.5 21,868 26257 24,523 9,647 10,183 10,300 24,345 24,554 25,475 13,878 14,635 15,605 6 24 4 20 52,252 44,306 7^44 55,657 47215 8,442 58,923 49,847 9,076 53 5.6 7.5 14,778 15,366 16,006 15,881 16,513 17,148 10,652 11,066 11,719 423 1,111 1,099 422 233 89 171 34,005 954 671 460 1,168 1,149 438 245 93 186 36,279 1,029 694 486 1,253 1,241 476 264 104 191 38,470 1,149 747 5.7 7.3 8.0 8.5 8.0 11.7 2.6 6.0 11.7 7.7 6,942 11,577 11,786 10,478 8,908 10,169 11,097 16,655 10,844 8,792 7,469 12,010 12,032 10,853 9,232 11,151 11,947 17,317 11,252 8,967 7,883 12,817 12,793 11,840 9,931 13,132 12,054 18,042 12,196 9,603 15 5 6 9 13 4 8 1 7 14 9,138 1,165 9,735 1,284 319 1,377 1,202 10,165 1,333 345 1,487 1,212 4.4 3.8 8.1 8.0 .9 14,106 10,797 10294 12,649 11,600 14,728 11,182 10,957 13,115 11,620 15,191 11,396 11,550 13,681 11,490 2 12 10 3 11 29,214 12,921 16293 31,196 13,817 17,379 33,361 14,813 18,548 6.9 12 6.7 12,469 13,296 14,176 13,850 14,731 15,684 11,554 12,340 13,165 301 307 400 1,333 348 141 54 219 155 240 299 323 430 1,456 376 156 58 239 155 256 318 348 461 1,564 401 164 57 257 162 277 6.5 7.8 72 7.5 6.7 5.1 -2.1 7.6 3.9 8.0 13,577 12,412 13,077 14264 12,466 11,566 9,194 11,950 9,577 10,928 13,665 13,188 13,902 15,208 13,356 13,067 9,871 12,926 9,778 11,851 14,736 14,346 14,730 15,937 14,129 13,975 9,718 13,757 10,317 12,951 7 12 9 3 16 20 74 22 70 33 217 205 92 324 220 828 459 556 232 112 215 227 99 352 236 887 492 579 234 118 232 241 104 375 250 943 529 621 248 125 7.7 6.4 4.9 6.6 6.3 6.3 7.6 7.3 6.1 5.4 11,717 10,818 11,671 12,515 11,407 12296 11,119 11,171 11,908 11,450 11,793 11,818 12,689 13,661 12,278 12,999 11,726 11,620 12,114 12,202 12,839 12,388 13,385 14,623 13,084 13,627 12,396 12,426 12,943 12,995 36 47 26 10 31 24 46 44 34 32 197 187 729 169 87 1,002 171 339 236 267 195 197 794 182 93 1,095 183 356 254 283 206 211 865 191 99 1,171 199 385 269 307 5.3 7.1 9.0 5.0 6.4 6.9 8.5 8.3 6.0 8.4 11,321 10,661 12,726 11265 8,684 13,703 12,438 10,704 10,702 10,119 11,455 11,268 13,501 12,214 9,305 14,949 13,234 11,204 11,665 10,814 12,304 12,146 14,306 12,851 9,884 15,934 14207 12,105 12,484 11,771 49 52 13 35 72 4 15 53 42 61 164 360 126 227 1,058 187 120 206 122 116 198 389 138 229 1,106 204 131 212 120 120 214 414 151 239 1,180 216 137 213 134 128 8.1 6.5 9.1 4.5 6.7 62 4.2 .6 11.1 6.0 12,046 11,505 11,177 11,703 12261 10265 12,230 11 633 8,989 8,402 14,563 15,736 12,449 13280 12,239 13,249 11,961 12,668 12,885 13,809 11,182 11,861 13,518 14208 12,076 12247 9,063 10282 9,329 8,783 5 27 28 38 21 59 14 50 71 75 161 232 497 128 137 175 250 536 144 145 196 264 573 152 152 12.1 5.6 7.0 6.0 4.9 11,515 11,237 12,893 11,015 11,492 12,530 14,058 12,141 12,835 13,758 14,543 12,384 13,103 12,087 12,611 18 37 11 30 40 Wade Hampton Wrangell-Petersburg Y 18,635 20,585 21,646 20,830 23295 25,035 17,032 18,654 19291 Percent change2 Millions of dollars Area name 1990 52,901 38038 14362 Alabama Metropolitan portion Nonmetropolitan portion Per capita personal income 3 Total personal income Metropolitan portion Apache Cochise Coconino Gila Graham Greenlee La Paz Maricopa Mohave Navajo Pima Final Santa Cruz Yavapai Yuma 1208 290 1272 Arkansas Metropolitan portion Nonmetropolitan portion Arkansas Ashley Baxter Benton Boone Bradley Calhoun Carroll Chicot Clark .... Clay Ciebume Cleveland Columbia Conway Craighead Crawford Crittenden Cross . Dallas Desha Drew Faulkner Franklin Fulton Garland Grant Greene . .. Hempstead Hot Sorina Howard Independence bard Jackson Jefferson Johnson .. Lafayette Lawrence Lee Lincoln Little River Logan Lonoke Madison Marion . .. ...' .... . .. SURVEY OF CURRENT BUSINESS April 1992 • 87 Table 2—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name Percent change2 Millions of dollars 1988 1989 1990 Rank in State Dollars 1989-90 1988 1990 490 631 132 88 119 526 690 140 91 123 7.4 9.4 62 4.1 4.0 12,027 10,599 10,789 10,051 10,840 12,755 10,927 11,425 11,199 11,635 13,660 12,009 12,414 11,645 12,246 23 54 45 62 51 Polk Pope Prairie Pulaski 66 361 78 291 115 286 182 523 104 5,551 71 372 87 303 128 295 193 567 109 5,966 75 384 92 326 133 304 205 628 113 6,376 5.6 32 5.6 7.7 3.9 2.9 62 10.6 3.8 6.9 8,535 11,691 9,968 9,683 11,417 11,396 10,573 11,697 10,753 15,875 9225 12,133 11,007 10,325 12,721 11,904 11,166 12,506 11,381 17,070 9,780 12,580 11,503 11,377 13,165 12,354 11,801 13,623 11,919 18225 73 41 64 65 29 48 60 25 57 1 Randolph St. Francis Saline Scott Searcy Sebastian .. Sevier Sharp Stone . Union 163 273 764 109 76 1,420 153 141 87 665 169 280 826 117 81 1,476 172 151 97 715 179 295 902 122 85 1,563 192 163 102 762 5.6 5.4 92 4.6 5.2 5.9 11.9 7.8 5.8 6.5 9,775 9,362 12,329 10,740 9,381 14,360 11,134 9,932 8,964 14,089 10,201 9,714 13,075 11,509 10,153 14,874 12,535 10,665 9,942 15252 10,794 10,375 13,978 11,974 10,860 15,671 14,095 11,544 10,467 16,326 67 69 19 56 66 6 17 63 68 2 Van Buren Washington White Woodruff Yell 150 1,427 561 108 198 165 1,553 607 106 213 174 1,678 651 114 225 6.0 8.0 72 6.8 5.5 10,753 12,862 10,381 10,895 11246 11,785 13,828 11,169 10,992 12,049 12,437 14,736 11,889 12,009 12,637 43 7 58 54 39 532,217 515,281 16,936 576,597 558,128 18,469 619,762 600,017 19,745 75 7.5 6.9 18,695 19,734 20,689 18,904 19,951 20,921 13,995 14,859 15,485 24,681 21 386 2,343 376 241 ! 17,610 226 1,974 9,187 26,241 25 414 2,543 414 273 19,247 248 2226 9,992 28,454 26 456 2,758 442 278 20,648 276 2,452 11,002 8.4 1.6 10.1 8.5 6.9 1.9 7.3 11.0 10.2 10.1 19,876 18,840 14,079 13,429 12,590 15,404 22,906 10,169 16,870 14,456 20,766 22,308 14,316 14214 13,312 17,051 24,391 10,828 18,213 15278 22,148 23,000 14,977 15,051 13,680 17,011 25,523 11,650 19,250 16,365 9 7 45 44 54 27 4 58 19 31 Glenn Humboldt Imperial Inyo Kern Kinas Lake Lassen Los Angeles Madera 345 1,693 1,385 280 ! 7,471 1,182 670 313 161,167 1,090 377 1,818 1,509 308 7,963 1,339 736 336 173,871 1,151 390 1,928 1,595 330 8,691 1,425 789 355 185,131 1,235 3.3 6.1 5.7 7.1 9.1 6.4 7.3 5.7 6.5 7.2 14,286 14,523 13,106 15,406 14,417 12,446 13,813 11,780 18,805 13,112 15,388 15,394 13,991 16,896 14,943 13,563 14,789 12,358 19,891 13,384 15,654 16,138 14,523 18,049 15,881 13,907 15,492 12,784 20,786 13,897 39 35 48 22 38 51 40 55 14 52 Marin Mariposa Mendocino Merced Modoc Mono Monterey Napa Nevada Orange 7,466 190 1,099 2,158 125 166 5,975 2,139 1,179 51,327 8,096 208 1,214 2,341 133 182 6,383 2,367 1,300 55,462 8,657 233 1,301 2,507 138 188 6,954 2,520 1,421 59,191 6.9 12.1 72 7.1 4.3 3.4 8.9 6.5 9.3 6.7 32,943 13,884 14,121 12,651 13,072 17,209 17,322 19,792 16,009 22,233 35,398 14.769 15,304 13,366 13,771 18,522 18,175 21,586 16,996 23,424 37,541 16,172 16,119 13,961 14,274 18,802 19,465 22,668 17,924 24,400 1 34 36 50 49 21 18 8 23 6 Placer Plumas Riverside Sacramento San Benito San Bernardino San uieyu Dieoo oaii San Francisco San Joaouin San Luis Obispo 2,844 278 16,381 16,579 521 19,671 41,950 18,106 6,466 3,198 3,191 302 18,725 18,078 554 21,653 46,217 18,977 6,965 3,519 3,523 324 20,432 19,874 601 23,565 49,344 20,659 7,484 3,768 10.4 7.3 9.1 9.9 8.5 8.8 6.8 8.9 7.5 7.1 17,709 14,414 15,551 16,822 15,184 15,136 17,782 25,031 14,170 15,496 19,037 15,478 16,714 17,762 15,507 15,827 18,944 26212 14,805 16,551 20,168 16,374 17,185 18,934 16,204 16,399 19,588 28,532 15,453 17221 15 30 26 20 33 29 17 3 41 25 16,255 6,876 33,110 4,293 2,020 49 591 4,955 7,264 4,779 17,502 7,639 35,328 4,256 2,205 52 628 5,515 8,013 5,224 18,790 8,134 37,882 5,086 2,409 56 672 5,935 8,629 5,699 7.4 6.5 7.2 19.5 9.3 8.0 7.1 7.6 7.7 9.1 25,656 19,229 22,738 19,352 14,381 14,916 13,844 15,541 19,725 13,744 27,219 20,952 23,864 18,795 15284 15,824 14,541 16,645 21,097 14,475 28,819 21,902 25,193 22,025 16,277 16,949 15,396 17,268 22,055 15238 2 12 5 t1 32 28 42 24 10 43 873 552 i 163 3,885 958 586 173 4,186 1,032 611 181 4,616 7.8 4.4 4.8 10.3 14,101 11,616 12,748 12,975 15,113 12,021 13,316 13,650 15,929 12,243 13,814 14,710 37 57 53 47 Monroe „...::'.:""".'.';. Montgomery . zzz Nevada Newton Ouachita Perry Phillios PiPoinsett ke zz: : zz..:... California Metropolitan portion Nonrnetropolitan portion Alameda Alpine Amador Butte Calaveras Colusa Contra Costa Del Norte El Dorado Fresno San Mateo Santa Barbara Santa Clara Santa Cruz Shasta Sierra Siskiyou Solano Sonoma Stanislaus j .... : . .. ' ' Sutter Tehama Trinity Tulare See footnotes at end of table. Area name 1990 1989 461 615 127 79 112 Miller Mississippi Per capita personal income 3 Total personal income Percent change2 Millions of dollars Rank in State Dollars 1989-90 1988 1989 1990 14,220 20,604 18,553 11,745 14,824 21,420 19,727 12,415 1990 1988 1989 1990 617 12,586 2,271 620 672 13,521 2,569 675 725 14,428 2,802 726 7.9 6.7 9.1 7.6 13,543 19,710 16,850 10,986 54,387 46,016 8,372 49^86 9,072 62,280 52,559 9,721 6.7 6.6 12 16,669 17,815 18,860 17,321 18,462 19,515 13^12 14363 15,963 Adams Alamosa Arapahoe Archuleta Baca Bent Boulder Chaffee Cheyenne Clear Creek 3,816 148 7,645 54 83 61 4,171 165 64 111 4,006 165 8217 59 86 70 4,534 171 74 116 4,275 174 8,850 64 95 , T7 ' 4,844 182 71 122 6.7 5.9 7.7 7.1 10.4 10.0 6.8 62 -32 5.3 14,384 11,120 19,997 10,455 17,685 11,490 18,839 12,840 26,605 14,502 15,131 12,206 21,232 11,296 18,630 13,600 20,303 13,450 30,783 15264 16,116 12,743 22,507 11,814 20,888 15,369 21,421 14,363 29,747 16,063 30 55 4 60 12 39 10 46 3 32 Conejos Costilla Crowley Custer Delta Denver Dolores Piuglas E igle Elbert 62 35 39 26 244 9,142 25 1,001 359 156 69 41 45 28 258 9,773 25 1,127 413 169 73 40 48 29 279 10,335 24 1,272 458 179 6.6 -.5 7.8 5.5 7.9 5.7 -6.1 12.9 10.9 6.0 8226 10,321 10,444 13,886 11,302 19,093 15,784 18,908 17,546 17,098 9233 12,448 11,583 14,615 12,182 20,719 16,561 19,748 19,408 17,956 9,854 12,707 12,149 15,164 13,333 22,156 15,870 20,639 20,652 18,424 63 56 59 40 53 6 34 14 13 20 El Paso Fremont Garfield Gilpin Grand Gunnison Hinsdale Huerfano Jackson Jefferson 6,036 377 392 38 124 121 8 67 25 8,137 6,412 395 434 42 134 131 8 71 25 8,646 6,705 418 487 45 138 140 9 75 26 9,231 4.6 5.7 12.1 72 3.5 7.0 5.7 5.4 2.6 6.8 15,617 11,779 13,616 12,712 15241 11,783 16,244 10,850 14,973 18,794 16,361 12,307 14,756 13,738 16,638 12,733 17,887 11,723 15,654 19,856 16,807 12,927 16,128 14,448 17,372 13,609 18,874 12,561 16,318 20,997 26 54 29 45 22 52 18 57 27 11 Kiowa Kit Carson Lake La Plata Larimer Las Animas Lincoln Loaan M7sa Mineral 46 140 53 432 2,705 156 76 253 1,192 8 49 145 57 459 2,956 164 85 267 1,303 8 54 156 61 503 3,207 171 92 281 1,413 9 10.1 8.0 6.8 9.6 8.5 4.3 7.7 5.1 8.4 102 26,363 19267 7,952 13,537 14,972 11,104 16,667 13,864 13,007 12,405 28,643 20,113 9,098 14297 16,106 11,798 18,735 14,997 14,107 13,446 31,874 21,935 10,256 15,542 17,140 12,418 20,275 16,065 15,118 15,543 2 7 62 37 24 58 15 31 41 36 Moffat Montezuma Montrose Morgan Otero Ouray Park Phillips Pitkin Prowers 156 216 308 279 259 34 95 71 351 184 160 236 332 302 268 36 105 78 379 203 166 262 351 325 280 37 111 77 413 211 3.5 11.0 5.8 7.4 4.6 3.6 52 -1.5 8.8 4.1 13,121 11,493 12,610 12,611 12,468 15215 13,685 16,690 28,979 13,584 13,835 12,648 13,601 13,749 13,117 15,959 14,898 18,560 30,592 15,100 14,664 14,041 14,357 14,798 13,910 16,212 15,375 18,465 32,360 15,819 44 50 47 43 51 28 38 19 1 35 Pueblo Rio Blanco Rio Grande Routt Saguache San Juan San Miguel Sedgwick Summit Teller 1,536 89 138 230 41 12 47 47 233 176 1,636 92 158 259 49 13 55 49 264 180 1,746 101 152 285 52 13 63 53 292 190 6.7 9.5 -3.4 10.0 4.5 6.6 15.0 9.5 10.6 5.4 12,383 14,410 12,694 16,350 9,129 16,364 13,383 16,734 18,754 14,857 13273 15,266 14,571 18,419 10,835 16,771 15,294 17,719 20,831 14,752 14,197 16,990 14,148 20,191 11,127 18,015 17,177 19,855 22,490 15,079 48 25 49 16 61 21 23 17 5 42 Washington Weld Yuma 95 1,827 170 104 1,979 185 104 2,095 192 -.5 5.8 3.6 19231 21,469 21,626 13,872 15,045 15,874 18,544 20,536 21,474 8 33 9 75,128 69,568 5,561 80,188 74,193 5,995 83,549 77,301 6248 4.2 42 42 22^58 24,422 25395 23,190 24,662 25,658 20,405 21,795 22,533 24,062 18,991 3,916 3,088 16,1% 4,691 2,539 1,645 25,695 20247 4224 3,325 17205 5,015 2,706 1,771 26,757 21,209 4,391 3,462 17,873 5,168 2,832 1,857 4.1 4.8 4.0 4.1 3.9 3.0 4.7 4.8 28,945 22,414 22,848 21,820 20270 18,451 20,067 16265 11,623 8,528 3,095 12,693 9,343 3,350 13,446 9,891 3,555 53 53 6.1 17^44 19,282 20,095 19331 21,388 22,284 14218 15,128 15,781 1,444 1,549 1,666 7.5 13,362 14,118 14,946 Tuolumne Ventura Yolo Yuba . Colorado Metropolitan portion Nonrnetropolitan portion Connecticut Metropolitan portion Nonmetropolitan portion Fairfield Litchfield Middlesex New Haven New London Tolland Windham . Delaware Metropolitan portion Nonmetropolitan portion Kent 30,962 23,805 24,408 23,318 21,436 19,679 21,162 17,362 32,342 24,875 25,161 24,132 22,197 20,259 21,944 18,070 46 13 16 56 1 3 2 4 5 7 6 8 3 SURVEY OF CURRENT BUSINESS 88 • April 1992 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Total personal income Mill ons of dollars Area name 1988 New Castle Sussex .... . 8,528 1,651 1989 1989-90 1990 9,343 1,801 ' Per capita personal income3 Percent change2 9,891 1,889 Dollars 1988 1989 1990 5.9 4.9 19,831 21,388 22,284 15,061 16,120 16,599 1 2 13,137 13,783 14,196 3.0 20,835 22,083 23,603 Florida Metropolitan portion Nonmetropolitan portion 204,859 189,841 15,018 225,599 208,981 16,618 241,836 223,958 17,878 72 72 7.6 16,644 17,851 18,539 16,966 18,197 18,900 13,422 14,409 14,963 2,718 224 1,732 249 6,618 26,488 96 1,702 1,203 1,588 2,932 Bradford Brevard Broward Calhoun Charlotte . Citrus Clay 2,494 213 1,607 229 5,999 24,153 90 1,481 1,085 1,532 243 1,893 267 7,117 28256 105 1,846 1,302 1,719 7.9 8.5 9.3 7.1 7.5 6.7 9.9 8.4 8.3 82 14,182 11,910 13,117 10249 15,953 20,033 8,548 14,807 12,634 15,561 15211 12,304 13,882 11,124 17,047 21,515 8,876 16,062 13,355 15,493 16,058 13,056 14,814 11,836 17,668 22,355 9,475 16,362 13,740 16,029 23 43 30 53 16 6 66 22 38 24 Collier Columbia Dade De Soto Dixie Duval Escambia Flagler Franklin Gadsden 3,125 472 30225 251 92 10,305 3,516 315 91 457 3,609 274 103 11,197 3,775 359 98 492 3,951 537 34,726 293 110 11,948 4,059 391 105 531 9.5 6.3 6.0 6.9 6.6 6.7 7.5 8.9 7.1 7.8 22,612 11,442 16,144 10,933 9207 15,775 13,625 12,862 10,402 11,106 24,755 12,061 17,198 11,697 9,986 16,890 14,509 13,402 11,099 12,003 25,589 12,538 17,823 12,185 10,279 17,662 15,392 13,302 11,678 12,896 3 47 15 51 64 17 27 41 54 44 Gilchrist Glades Gulf 104 66 135 109 271 366 1,328 966 13249 168 113 70 144 115 278 376 1,434 1,027 14,178 179 8.3 5.9 6.0 6.2 2.6 2.6 8.0 6.3 7.0 6.4 10,912 8,273 11,418 9,404 13,031 13,805 13,426 13,729 15,352 10,005 11242 8,868 11,914 10,164 13,903 14,566 13,826 14,547 16,221 10,774 11,548 Hardee Hendry . Hernando Highlands Hillsborough Holmes 97 61 128 98 256 338 1205 880 12256 155 12,429 10,462 14,261 14,454 13,919 14,854 16,876 11,324 57 67 48 63 32 31 36 28 19 61 Indian River Jackson Jefferson Lafayette Lake Lee Leon Levy 1 ihortv Madison 1,685 443 130 59 2,313 5240 2,642 271 51 159 1,949 479 140 66 2,553 5,954 2,919 286 56 169 2213 19,871 22,230 24292 10,791 11,640 12,616 11,659 12,451 13,411 11274 12,141 12,303 16,193 17279 17,496 16,960 18,427 18,877 14,418 15,518 16,422 10,990 11,297 11,645 9,594 10,327 11,386 9,800 10294 10,955 5 46 40 49 18 10 21 55 59 62 3,186 2288 2206 1,305 684 1,968 320 10,377 1,466 18,960 3,610 2,528 2,464 1,467 739 2,125 351 11,396 1,660 21,466 3,849 1,800 23,387 5.8 8.5 7.6 9.1 7.4 8.5 8.9 16,027 12,631 23,603 17,442 16,330 14,258 11,462 16,314 15,049 23,460 17,555 13,409 25269 19,185 17,194 15,073 12,174 17,317 16,113 25,621 17,997 13,802 27,125 19,752 18,090 15,803 12,805 17,879 16,451 26,798 12 37 1 8 11 25 45 14 20 2 Pasco Pmellas Polk Putnam St Johns St Lucie Santa Rosa Sarasota Seminole Sumter 3,500 15,672 5283 3,739 17,397 5,766 18,484 6,056 666 1,397 1,803 960 5,722 4,351 334 704 1,533 2,014 1,031 6,552 4,793 367 751 1,666 2,154 1,120 6,990 389 5.9 62 5.0 6.7 8.7 6.9 8.7 6.7 8.7 6.1 13,276 18,846 13,589 10,716 17,920 13,166 12,641 21,721 16,432 11,101 13,698 20,685 14,514 11,048 18,893 13,974 13,048 24,181 17296 11,887 13,944 21,610 14,835 11,455 19,644 14,137 13,565 24,948 17,885 12228 35 7 29 58 9 33 39 4 13 50 Suwannee Taylor Union ... Volusia Wakulla Walton Washington 284 211 92 5,036 156 271 168 310 227 97 5,494 172 296 178 326 241 101 5,861 187 324 193 52 6.1 3.5 6.7 8.7 9.6 8.1 10,955 11,770 12,115 12,482 13,347 14,035 8,991 9,538 9,830 14,494 15266 15,648 11,434 12,380 13,090 10,171 10,867 11,588 10,365 10,754 11,326 52 34 65 26 42 56 60 97,189 69,588 27,601 104,007 74,341 29,666 110,860 79,507 31,353 6.6 6.9 5.7 15,385 16223 17,045 17,050 17,881 18,784 12,346 13,164 13,805 188 74 112 47 496 125 381 673 192 165 198 80 119 47 540 138 415 741 207 169 204 84 121 47 580 144 428 789 219 181 3.1 4.5 1.6 -.3 7.4 4.5 3.3 6.6 5.6 7.1 11,934 11,801 11,718 12,928 12,702 12,457 13,379 12,698 11,708 11,750 12,967 13,507 12,627 12,891 14,633 13,906 14,322 14,007 13,477 12,796 94 79 108 97 48 67 57 64 81 102 2,319 2,479 2,630 6.1 15,382 16,488 17,548 12 Bay Manatee Marion Martin Monroe Okaloosa Okeechobee Oranoe Osceola Palm Beach Georgia Metropolitan portion Nonrnetropolitan portion Appling Atkinson Bacon Baker Baldwin Banks Barrow Bartow Ben Hill Berrien Bibb See footnotes at end of table. 506 32,756 523 152 69 2,688 6,408 3,187 304 64 182 2,721 2,770 1,552 801 2288 383 12,235 3,961 5210 13.5 9.3 8.8 5.1 5.3 7.6 9.2 6.5 13.8 8.2 6.6 7.6 12.4 12,569 12,828 12,471 12,889 13,722 13,516 14,215 13,542 12,688 12,003 9,170 Area name Percent change2 Millions of dollars 1988 1990 District of Columbia Alachua Baker Per capita personal income3 Total personal income Rank in State 1989 1990 1989-90 Rank in State Dollars 1988 1989 1990 1990 Bleckley Brantley Brooks Bryan Bulloch Burke Butts Calhoun Camden 133 101 140 177 454 232 190 62 276 142 112 156 196 495 226 204 65 313 149 118 163 202 528 231 221 72 344 5.0 5.6 4.5 32 6.6 2.4 8.4 10.9 10.0 12,701 13,554 14,282 9,369 10,189 10,584 9,145 10,131 10,563 12,416 13,115 12,954 10,833 11,615 12,186 11251 10,958 11,228 12,530 13,334 14,391 11,960 12,694 14,409 10,418 10,939 11,186 59 154 155 95 121 145 54 53 146 Candler Carroll Cherokee Clarke Clay 87 912 481 92 3,318 193 238 1,395 1,147 30 93 978 510 97 3,584 191 251 1,519 1245 32 99 1,039 548 102 3,859 193 264 1,648 1,329 34 7.0 62 7.5 5.3 7.7 1.0 5.3 8.5 6.8 4.7 11,154 11,919 12,796 13265 13,915 14,463 11,661 12,160 12,860 11207 11,557 11,934 15,364 16,548 17,776 10,332 10,790 11,525 10,781 11,306 11,867 16,870 17,452 18,035 13,324 14,314 15,134 8,979 9,686 10,058 102 51 99 127 11 139 130 8 34 158 Clayton Clinch Cobb Coffee Colquitt Columbia Cook Coweta Crawford Crisp 2,653 59 8,755 333 453 926 151 737 100 225 2,765 62 9,240 368 483 1,028 158 807 106 237 2,953 67 9,905 396 512 1,121 168 870 113 251 6.8 8.1 72 7.8 5.9 9.0 6.0 7.7 5.9 5.6 14,878 9267 20,713 11,358 12,429 15,047 11,168 14,470 11,436 15,319 9,933 21,137 12,462 13,217 16,023 11,749 15,345 11,947 11223 11,843 16,171 10,904 21,933 13,372 13,959 16,795 12,469 16,015 12,482 12,518 20 151 3 83 65 16 114 22 113 110 Dade Dawson Decatur De Kalb Dodge Dooly DouQherty Douglas Early Echols 123 113 305 10,441 189 123 1256 1,072 146 23 132 125 324 10,998 207 129 1,342 1,135 157 24 141 128 345 11,493 221 132 1,444 1,231 163 26 7.4 2.6 6.5 4.5 7.0 2.3 7.6 8.5 4.0 8.7 9,498 13,501 11,902 19,437 10,807 10,084 13,891 12,690 20280 11,786 12201 12,902 12,807 13,819 15,650 16212 12,096 13,113 9,607 10,148 10,728 13,313 13,545 21,005 12,564 13,316 15,026 17,217 13,761 11,148 153 86 77 4 109 85 38 14 69 147 Effinoham Elbert tmanuei 271 237 221 115 180 1,184 1,154 750 216 13,153 295 257 238 124 187 1,334 1224 852 236 13,975 324 271 251 131 197 1,479 1,306 911 246 14,844 9.9 5.6 5.3 6.0 5.6 10.9 6.7 7.0 4.5 62 11218 12,480 10,737 13,355 11,466 21,141 14295 18,265 13214 20,584 11,755 13,548 11,566 14,252 11,762 22,345 15,099 19,894 14,260 21,672 12,488 14,320 12,203 14,974 12,313 23,311 16,062 20,455 14,760 22,819 112 58 120 40 119 1 21 5 44 2 Gilmer Glascock Glynn Gordon Grady Greene Gwinnett Habersham Hall Hancock 180 30 941 466 217 140 5,998 369 1,418 89 191 32 1,033 498 231 151 6,494 399 1,538 96 205 34 1,096 524 239 161 7,117 419 1,625 104 72 5.5 6.1 52 3.5 62 9.6 5.0 5.7 8.0 13,890 12,555 15275 13,601 10,616 11,893 18,801 13,515 15,342 9,783 14,485 13,647 16,629 14,349 11,340 12,834 19,183 14,505 16,330 10,737 15236 14,576 17,506 14,885 11,789 13,611 19,861 15,125 16,943 11,717 32 49 13 41 131 75 6 35 15 133 Haralson Harris Hart Heard Henry Houston Irwin Jackson Jasper Jeff Davis 270 236 269 84 881 1224 99 390 109 146 282 257 291 90 982 1,327 98 438 116 158 294 275 302 97 1,071 1,405 102 462 124 170 4.1 7.0 4.0 7.0 9.1 5.9 4.1 5.5 6.8 7.4 12,596 13,467 13,720 10286 16,324 13,937 11,423 13,395 13,301 12,183 12,983 14,513 14,788 10,704 17,308 14,970 11,298 14,786 13,855 13,183 13,336 15,416 15,313 11,132 18,007 15,717 11,761 15,328 14,564 14,117 84 29 31 148 9 27 132 30 50 63 Liberty Lincoln 199 90 95 252 164 63 501 188 475 81 208 94 96 267 174 68 572 199 515 87 221 96 99 282 185 72 566 209 546 93 6.3 12 2.6 5.4 6.0 62 -1.1 5.0 62 7.3 11210 10,844 11208 12,527 12,788 11261 12,704 12,130 9,382 11,025 11,851 11,420 11,495 13,046 13,454 12,174 14,383 12,484 9,924 11,700 12,741 11,606 11,890 13,511 14,118 12,979 14,120 12,755 10296 12,467 106 137 128 78 62 93 61 105 157 115 Long Lowndes Lumpkin McDuffie Mclntosh Macon Madison Marion Meriwether Miller 48 930 176 238 93 145 242 61 232 75 49 1,012 198 253 100 153 263 64 243 78 50 1,078 211 275 108 164 276 63 263 81 2.4 6.5 6.5 8.4 8.0 6.9 5.1 -1.3 82 3.9 7,800 7,937 8,080 12,326 13,352 14,170 12,723 13,874 14,351 11,847 12,600 13,643 11216 11,787 12,467 10,785 11,547 12,518 11,865 12,658 13,057 10,822 11,477 11,359 10,544 10,944 11,713 11,666 12,327 12,932 159 60 56 73 115 110 90 141 134 96 Charlton Chatham Chattahoochee Fannin Fayette Floyd Forsyth Franklin Jefferson Jenkins Johnson Jones Lamar Lanier Laurens Lee April 1992 • 89 SURVEY OF CURRENT BUSINESS Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name Percent change2 Millions of dollars 1988 1989 1990 1989-90 Rank in State Dollars 1989 1990 223 235 84 198 307 2,599 620 272 125 530 236 247 92 210 327 2,778 664 289 134 573 5.7 5.1 9.0 5.7 6.5 6.9 7.1 6.4 7.9 8.1 10,239 13,260 11,130 14264 11,596 13,550 14,319 14,837 11,685 12,908 10,935 13,833 11,771 15,520 11,984 14,469 15,020 15,784 12,807 13,179 11,658 14,414 12,816 16,240 12,399 15,505 15,805 16,288 13,754 13,613 135 52 100 19 117 28 25 18 70 74 n tm Rabun Randolph 305 204 133 122 403 107 144 25 127 88 325 220 145 129 414 114 159 27 137 92 353 229 152 134 432 119 171 28 148 95 8.7 42 5.0 3.6 4.4 4.3 7.7 6.0 7.5 32 14,673 14,591 10,124 12,360 11,939 12,824 10,684 11,229 11,039 10,575 15,442 15,421 10,917 12,791 12,241 13,946 11,490 12,044 11,866 11,261 16,600 15,770 11,377 13,004 12,767 14,761 12,029 12,800 12,657 11,869 17 26 140 92 104 43 124 101 107 129 Rockdale Schley Screven Seminole Soaldina Stephens Stewart Sumter Talbot 2,601 896 40 149 104 714 277 56 367 69 2,776 970 43 161 111 758 297 58 387 73 3,024 1,053 44 166 116 805 314 61 406 79 8.9 8.6 .6 3.1 4.4 6.1 5.7 5.3 4.9 8.0 13,670 17,587 11287 10,668 11,427 13,357 12,072 9,760 12,107 10,654 14,609 18,384 12,167 11,562 12226 14,028 12,854 10,198 12,776 11281 15,941 19,294 12,176 12,000 12,863 14,733 13,487 10,782 13,434 12,121 23 7 122 125 98 45 80 152 82 123 Taliaferro Tattnall . .. Taylor Telfair Terrell Thomas Tift Toombs Towns Treutlen 27 208 87 117 106 522 455 306 71 56 28 226 94 126 110 547 495 328 77 60 30 241 99 131 116 577 532 354 84 63 8.6 6.7 5.3 4.5 4.9 5.6 7.5 8.0 8.8 5.8 13,844 11,755 11266 10,473 9,728 13,498 13,102 12,776 10,901 9,458 14,336 12,743 12277 11,365 10,281 14,062 14,197 13,655 11,586 10,003 15,829 13,579 13,045 11,961 10,911 14,786 15,195 14,709 12,368 10,556 24 76 91 126 150 42 33 46 118 156 Troup Turner Twiocs Union . Upson Walker Walton Ware Warren Washington 735 97 101 123 310 679 470 431 62 251 807 98 104 131 329 719 500 459 64 268 837 101 111 140 348 768 530 488 69 281 3.7 3.6 6.4 6.6 5.5 e:8 6.1 6.4 7.2 4.7 13,292 10,884 10,180 10,676 11,806 11,769 12,683 11,994 10,157 13,105 14,555 11,100 10,573 11,112 12,527 12,381 13,170 12,854 10,516 14,018 15,063 11,648 11,328 11,595 13,214 13,149 13,659 13,784 11,270 14,706 37 136 143 138 88 89 72 68 144 47 254 29 49 168 1,127 83 140 130 206 281 31 52 184 1,226 89 148 140 214 306 32 54 197 1297 8.9 3.2 3.3 7.2 5.8 4.6 6.9 5.4 4.9 11,435 12,765 9,741 13,543 15,760 11,724 13,026 12,618 10,555 12,594 13,432 10,521 14,439 17,010 12,599 13,932 13,612 10,891 13,662 13,936 10,989 15,078 17,860 13,296 14,992 14,380 11,351 71 66 149 36 10 87 39 55 142 18,375 14,685 3,689 20,424 16,206 4,218 22,668 17,881 4,788 11.0 10.3 13.5 17,014 18,659 20,361 17,890 19,561 21,307 14,239 15,852 17,463 1,553 14,685 709 1,427 1,770 16,206 805 1,643 2,027 17,881 884 1,877 14.5 10.3 13,462 17,890 14,530 15,032 12,764 3226 9,538 14,196 3,565 10,631 15,423 3,896 11,527 8.6 9.3 8.4 12,948 14276 15,250 16,373 17,709 18,786 12,092 13,404 14,337 Ada Adams Bannock Bear Lake Benewah Binoham Blaine Boise Bonner Bonneville 3226 42 761 66 103 413 232 36 296 968 3,565 46 817 70 106 464 275 38 317 1,079 3,896 48 885 73 111 512 317 41 343 9.3 3.8 82 4.6 4.7 16,373 12,800 11,677 10,500 12,874 11,161 18,118 10,596 11,313 13,869 17,709 14225 12,489 11274 13,312 12,473 20,853 10,982 12,055 15218 18,786 14,680 13,353 11,992 13,927 13,584 23,183 11,466 12,842 16,563 6 17 29 40 21 25 2 42 34 11 Boundary Butte Cam as Canyon Caribou Cassia Clark Clearwater 82 38 13 995 101 237 17 108 90 43 13 1,112 109 279 19 117 96 46 14 1,190 120 309 20 122 10,193 12,687 17216 11,277 13,898 12225 22,694 12,469 11,013 14,554 18292 12,495 15,481 14,388 24,976 13,669 11,468 15,727 19,331 13,150 17,261 15,774 26,346 14,403 41 14 5 31 9 13 1 18 Peach Pickens Pierce Pike Polk Pulaski .... Wayne Webster Wheeler White Whitfield . Wilcox Wilkes Wilkinson Worth Hawaii Metropolitan portion Nonmetropolitan portion Hawaii Honolulu ... Kauai Maui + Kalawao Metropolitan portion . Nonmetropolitan portion See footnotes at end of table. 93 159 147 225 1204 9.9 142 10.5 15.3 7.1 8.1 11.5 7.0 7.4 4.7 7.0 9.3 10.7 7.3 4.8 14,999 19,561 16,067 16,771 16,728 21,307 17,140 18,504 Area name 4 1 3 2 Percent change2 Millions of dollars 1988 1990 1988 211 223 80 181 288 2,439 580 248 113 496 Mitchell Monroe Montgomery Morgan Murray .... Muscogee Newton Oconee Oglethorpe PauldingH Per capita personal income 3 Total personal income 1989 1990 1989-50 Rank in State Dollars 1988 1989 1990 1990 12,843 15,590 16,986 11,580 13,006 13,454 10 28 62 11.3 7.4 7.0 52 8.8 7.8 9.7 6.7 8.9 9,054 11,151 11,137 11,790 11,488 10,662 10,443 12,815 11,933 11,498 9,900 12,854 11,925 13,361 12,835 11,960 11,758 13,896 13,276 12,585 10,416 14,109 12,715 14249 13,510 12,760 12,602 14,924 13,919 13,706 44 20 36 19 26 35 37 16 22 24 70 57 263 256 552 45 105 204 141 192 2.9 9.8 11.0 8.6 6.4 3.4 3.7 72 13.5 7.7 16239 13226 8,934 10,798 14,151 11,775 10,830 10,664 15,457 10,937 19201 15,720 10,241 12,188 15,560 12,738 12,156 11,672 17,715 12,449 19,902 17,288 11,027 13,198 16,268 12,960 12,428 12,359 19,818 13,875 3 8 43 30 12 33 38 39 4 23 43 785 97 107 47 843 107 112 8.1 7.4 102 5.3 10,559 13,171 14,410 10,998 12,715 14,783 15,991 12,581 13,461 15,680 17,443 13,075 27 15 7 32 204,610 177,202 27,408 220,607 191,084 29,523 233,824 202,963 30,861 6.0 62 4.5 17,961 19,335 20,433 18,850 20274 21,448 13,763 14,877 15,583 Adams Alexander Bond Boone Brown Bureau Calhoun Carroll Cass Champaign 991 112 213 498 70 539 71 239 168 2,583 1,045 120 230 530 77 574 78 250 189 2,763 1,104 125 238 536 81 596 82 251 203 2,938 5.6 3.8 3.6 1.0 4.8 3.8 5.1 .3 7.6 6.3 14,849 10,457 14,091 16,473 12235 14,918 13203 14,023 12291 15,014 15,756 11,265 15,291 17,365 13,318 16,010 14,566 14,815 13,972 16,017 16,715 11,759 15,895 17,330 13,808 16,718 15,371 14,974 15,157 16,957 37 99 55 25 90 36 65 75 72 33 Christian Clark Clay Clinton Coles Cook Crawford Cumberland DeKalb De Witt 505 197 189 507 684 97,564 287 123 1,125 259 555 221 210 549 742 104,803 297 137 1,221 281 590 232 220 577 786 110,928 313 145 1,286 299 6.4 52 4.8 5.1 5.9 5.8 5.5 52 5.4 6.5 14,611 12272 13,035 15,065 13265 19,034 14,569 11,555 14,683 15,541 16,099 13,832 14,463 16,247 14,387 20,501 15,154 12,879 15,780 16,960 17,155 14,594 15,182 16,981 15,209 21,729 16,086 13,549 16,456 18,133 29 83 70 32 68 4 50 91 43 17 243 17,894 266 100 472 238 226 513 480 87 267 19,451 294 110 528 261 237 540 521 98 284 21,043 304 115 556 270 246 560 541 107 6.3 82 3.5 4.4 5.4 3.6 3.8 3.7 3.8 8.8 12,519 23,690 13,345 13,217 15,069 11,351 15,707 12,554 12,500 12,365 13,752 25,256 14,915 14,626 16,738 12,460 16,528 13,320 13,651 14,104 14,587 26,772 15,551 15,440 17,510 12,931 17,205 13,897 14227 15,534 84 2 61 63 24 97 27 89 88 62 Greene Grundy Hamilton Hancock Hardin Henderson Henry Iroquois Jackson Jasper 182 560 98 291 52 110 736 423 711 142 198 605 109 308 56 115 780 470 761 159 205 635 114 315 59 121 814 475 790 167 3.6 5.0 4.9 2.1 5.0 4.8 4.3 1.1 3.8 5.1 11,851 17,598 11,387 13,354 9,989 13,413 14,081 13,609 11,615 13284 12,902 18,843 12,743 14,312 10,879 14,139 15,110 15,207 12,453 14,967 13,384 19,594 13,447 14,749 11,420 14,902 15,951 15,439 12,931 15,784 94 9 93 82 100 78 53 64 97 56 Jefferson Jersey Jo Daviess Johnson Kane Kankakee Kendall Knox Lake La Salle 537 269 332 100 5,900 1,366 707 782 12,170 1,545 573 293 347 108 6,522 1,457 774 844 13,182 1,657 605 312 363 115 6,914 1,567 798 879 14,211 1,723 5.6 6.4 4.6 6.3 6.0 7.6 3.0 42 7.8 4.0 14,445 13260 15,058 8,936 19,080 14,136 18,345 13,726 24,316 14,370 15,459 14,335 15,852 9,579 20,781 15,111 19,842 14,903 25,879 15,465 16,351 15,153 16,654 10,076 21,684 16,283 20,162 15,608 27,378 16,119 44 73 40 102 5 46 7 60 1 49 Lawrence Lee Livingston Logan McDonough McHenry McLean 224 527 587 449 395 3,385 2,033 239 555 632 481 437 3,775 2298 253 575 657 501 461 4,033 2,468 6.0 3.6 4.0 4.0 5.5 6.8 7.4 13,686 15284 14,910 14,593 11,158 19,310 16,494 14,799 16,127 16,067 15,633 12,385 20,997 18,148 15,902 16,706 16,711 16,247 13,083 21,855 18,961 54 39 38 47 96 3 10 55 243 65 274 70 286 7.4 4.6 83 120 131 137 160 172 158 869 357 80 91 139 141 155 177 195 177 955 401 87 96 155 151 166 186 212 191 1,047 428 95 Owyhee Pavette Power Shoshone 58 44 202 210 467 40 89 173 108 163 68 52 237 236 518 44 101 190 124 178 Teton Twin Falls Valley Washington 35 697 87 93 Custer Elmore ... Franklin Freemont (incl. Ylwstn. Natl. Pk.) Gem Good i no Idaho Jefferson Jerome Kootenai Latah Lemhi Lincoln Madison Minidoka Nez Perce Illinois Metropolitan portion Nonmetropolitan portion Douglas Du Page Edgar Edwards Effingham Fayette Ford Franklin Fulton Gallatin . SURVEY OF CURRENT BUSINESS April 1992 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name Millions of dollars 1988 Macon Macoupin Madison Marion Marshall Mason Massac Menard Mercer Monroe Montgomery Morgan Moultrie Ogle Peoria Perry Piatt Pike Pope Pulaski Putnam Randolph Richland Clay Clinton Prau/fnrH Daviess Dearborn De Kalb Delaware Dubois Elkhart FavPttP " Hendricks Henry Howard Huntington Jackson Jasoer ja7 :: Jefferson Jenninos See footnotes at end of table. 1990 4,487 5.0 5.9 5.0 15,641 16,963 18,021 13,705 15,085 15,981 16,112 17,190 17,980 19 52 21 557 192 221 170 172 242 394 410 537 190 595 211 243 184 186 258 436 446 591 205 621 218 249 195 196 270 466 466 628 214 4.3 2.9 2.3 5.9 5.4 4.7 6.8 4.6 62 4.6 13,312 14,801 13,308 11,550 15,345 13,810 18,074 13,251 14,706 13,567 14,285 16,381 14,843 12,519 16,625 14,839 19,700 14,472 14,947 16,950 15,341 13,228 17,547 15,641 20,679 15,179 16219 17,244 14,656 15,363 77 34 67 95 23 59 6 71 26 66 691 725 3,175 300 273 239 44 94 100 493 249 737 1.6 5.6 6.2 4.1 5.0 2.7 7.3 5.1 5.0 4.8 15,158 16,001 13,135 15,794 12,135 9,002 10,590 16,032 13,260 13289 15,844 17,321 13,965 17,494 13,573 10,106 12,396 17,335 14,288 14,892 16,010 18,342 14,864 18,259 14,306 10,414 13,462 18,318 14,957 15,776 51 14 79 16 86 101 92 15 76 57 6.4 4.9 6.6 6.9 2.4 3.1 4.9 3.7 32 6.0 15,204 14,589 14,337 17,364 12,104 14,123 13,681 14,143 16,364 15,680 16,550 15,443 15,380 18,401 13,916 16,068 14,951 16279 17,541 16,962 17,818 16,190 16,503 19,601 14,318 16,615 15,734 17,060 18,122 18,008 22 48 42 8 85 41 58 31 18 20 4.8 2.7 6.1 3.3 7.1 2.9 5.7 5.1 5.9 5.9 12,505 13,466 14,950 13,969 15,453 13,605 14,143 14,803 16,647 13,430 13,646 14,364 16,154 14,486 17,762 14,682 15,717 15,465 17,976 14,035 14,293 14,820 17,200 15,130 18,954 15,194 16,791 16,334 18,787 14,812 87 80 28 74 11 69 35 45 12 81 3,352 318 284 251 46 101 105 518 260 3,840 2,484 4,060 2,643 4,257 386 411 3,082 3,274 92 80 307 94 789 1,947 105 91 334 107 844 2,101 438 3,501 107 94 350 111 871 221 1201 198 274 230 237 239 901 5,819 772 240 1273 212 280 265 254 262 935 6,361 808 2228 252 1,307 225 290 284 262 277 982 6,738 856 13 30 4,154 491 4,412 532 4,654 560 5.5 5.3 16,507 17,488 15,151 16,341 82,315 58,753 23,562 89,062 63,505 25,557 93,978 67,163 26,815 5.5 5.8 4.9 14,987 16,124 16,921 15,653 16,805 17,658 13,549 14,648 15,321 440 454 5,529 5,769 3.3 4.3 4.8 6.1 3.1 6.3 7.5 4.7 4.2 6.3 13,373 17,326 15,367 13,721 13,115 19,560 11,709 14,449 14,385 14,099 14265 18,503 16,461 15,882 14,414 20,836 12,385 15,931 15,661 14,719 14,559 19,123 17,214 16,910 15,023 21,989 13,075 16,657 16,323 15,607 65 4 17 21 57 2 86 24 30 43 5.0 6.3 5.6 42 5.3 5.4 4.6 6.3 6.7 3.3 12,446 14,179 10,303 12,387 13,912 14,036 14,441 13,731 16,513 15,659 13,555 15,477 10,922 13,595 14,688 15,176 15,206 14,728 17,727 16,514 14,157 16,359 11,533 14,150 15,242 15,900 15,662 15,697 18,732 16,770 74 27 91 75 52 36 41 40 8 23 13,405 15,267 12,657 12,737 13,226 14,547 13,739 12,000 23,408 16,765 14,352 16,304 14,100 13,659 14,123 15,546 14,921 12,849 24,247 17,729 14,950 17,161 14,906 14,533 14,904 16,209 15,808 13,389 25,681 18,900 58 19 59 66 60 32 38 78 1 6 13,576 17,873 14,863 17,026 15,858 14,471 15,652 12221 13,389 11,299 12,007 11.890 12.650 14,199 19,036 15,577 17,741 16,324 15,452 16,441 14,224 13,141 13,228 73 5 45 15 29 48 26 72 84 82 1,047 150 205 791 172 299 602 1,290 1,097 160 211 841 185 314 627 1,371 304 435 102 340 527 328 497 1,652 594 334 478 108 374 564 357 531 1,767 645 350 508 114 390 594 377 556 1,877 688 2,374 2,548 2,632 352 965 227 248 248 467 1,031 362 375 1,042 252 267 266 498 1,113 389 388 1,109 265 285 281 517 1,171 408 2,386 2,570 2,826 753 803 863 3.6 6.4 5.2 6.6 5.7 3.9 52 4.7 10.0 7.5 372 1,264 667 1,288 518 497 349 263 334 277 403 1,342 719 1,385 559 544 391 288 356 297 426 1,446 749 1,431 580 584 410 306 392 314 5.7 7.8 4.1 3.3 3.7 7.4 4.9 6.2 10.0 5.6 12,660 17,047 13,696 15,706 14,815 13293 13,932 18,376 17,129 Percent change2 Millions of dollars Area name 1990 2,107 762 407 5,127 975 130 188 737 160 271 553 1233 Blackford 1989 720 Union Vermilion Wabash Warren Washington Wayne White Whiteside Will Brown Carroll Cass PlarU 1988 4,274 2,311 Adams Allen Bartholomew 1989-90 2,006 Rock Island St Clair Saline Sangamon Schuyler Scott Shelby Stark Stephenson Tazewell Indiana Metropolitan portion Nonmetropolrtan portion 1990 1,873 655 283 247 215 40 81 93 457 224 Winnebago Woodford 1989 Dollars Per capita personal income 3 Total personal income Rank in State 3,997 2,947 Floyd Fountain Franklin Fulton Gibson Grant Greene Hamilton Hancock Percent change2 1988 1989 1990 1989-90 Rank in State Dollars 1990 1988 1989 1990 16,725 12,745 15,803 11,985 14239 14,704 13209 14,402 16,679 13,968 17,702 13,870 17,413 13,000 15,456 15,903 14,069 15,544 18,151 14,924 18,754 14,473 18,018 13,317 16,327 16,655 14,609 16,018 19,148 15,479 7 67 12 80 28 25 63 35 3 47 1,431 514 1,008 343 1,541 556 1,126 378 1,660 577 1,181 394 \3» 6,829 7,380 7,759 La Porte 1,569 560 1,889 1,701 600 1,785 627 13,130 2,035 14,396 2,093 15,297 580 625 655 7.7 3.7 4.8 42 5.1 4.9 4.4 2.8 6.3 4.7 Ohio Orange Owen 120 476 1,340 520 771 182 503 65 216 198 129 512 1,460 576 813 198 537 67 230 218 136 528 1,560 620 868 204 563 72 238 232 5.4 3.1 6.9 7.7 6.7 3.5 4.8 7.0 3.4 6.3 11,565 12,811 12,585 15,136 14,154 13,343 13,571 12,391 11,751 11,754 12,430 13,832 13,530 16,732 14,692 14,540 14,310 12,763 12,473 12,753 13,086 14,313 14266 17,988 15,452 15,098 14,805 13,510 12,905 13,349 85 70 71 13 48 54 62 77 87 79 Parke . Perry .. Pike Porter Posey Pulaski Putnam Randolph Ripley Rush 200 228 167 1,940 369 179 382 330 344 244 215 240 180 2,146 395 201 414 351 366 270 229 251 189 62 4.9 52 5.8 2.6 6.5 5.0 22 52 42 12,882 11,955 13,145 15,329 14,349 14,107 12,695 12,039 14,009 13,345 13,930 12,565 14,273 16,775 15,271 15,917 13,705 12,885 14,890 14,841 14,866 13,149 15,124 17,566 15,587 16,963 14,326 13244 15,648 15,551 61 83 53 16 44 20 69 81 42 46 St Joseph Scott Shelby .... Spencer Starke Steuben Sullivan Switzerland 3,831 233 585 252 243 440 253 72 1,754 263 4,074 4.6 5.4 7.8 3.0 4.1 5.0 3.3 5.6 7.5 4.0 15,688 11,305 14,710 12,973 10,921 16,562 13,069 9,446 13,661 16,358 16,568 11,616 15,686 14,179 11,746 17,330 14,418 10236 14,893 17,462 17,211 12,129 16,781 14,590 12,062 17,859 15,040 10,692 15,847 18,112 18 89 22 64 90 14 55 92 37 10 88 96 98 2,638 2,807 2,988 216 1,391 475 106 715 265 983 374 231 1,517 516 122 770 284 1,059 402 242 1,594 541 129 819 298 1,103 422 2.4 6.5 4.7 5.1 4.9 5.8 6.3 52 4.1 5.0 12,634 15,997 12,750 13,009 13,624 12,768 16,187 11,447 13,665 14,884 13,715 17,005 13,745 14,243 14,740 14,840 17,263 12,080 14,724 15,698 14,022 18,093 14,467 15,036 15,421 15,806 18,179 12,523 15,321 16,177 76 11 68 56 50 39 9 88 51 33 White '* Whitley 311 399 357 431 376 451 5.5 4.6 13,481 14,735 15,375 15,737 16,155 16270 34 31 towa 41,170 19294 21^76 45,179 21,053 24,126 48,101 22,528 25,573 6.5 7.0 6.0 14,869 16,307 17,301 15^75 17,326 18,377 14,013 15,510 16,453 Adair Adams Allamakee Appanoose Audubon Benton Black Hawk Boone Bremer Buchanan 113 67 176 176 100 314 1,742 348 314 264 129 74 199 192 109 357 1,917 394 353 297 134 81 212 204 114 384 402 380 324 3.7 9.1 6.3 6.4 4.9 7.6 7.4 2.1 7.7 9.1 13290 13,452 12,619 12,791 13,304 14,089 13,944 13,893 13,636 12,611 15,261 15,118 14,340 13,978 14,761 15,995 15,438 15,694 15,436 14,236 15,930 16,656 15,283 14,867 15,639 17,111 16,632 15,952 16,667 15,529 63 39 85 90 78 26 42 61 38 83 Buena Vista Butler Calhoun Carroll Cass Cedar Cerro Gordo Cherokee Chickasaw Clarke 289 202 170 321 226 264 700 200 183 109 321 226 179 350 255 289 743 208 205 124 322 245 182 362 264 308 811 221 219 130 .3 8.6 2.0 32 3.5 6.8 92 6.0 6.7 5.0 14,471 12,707 14,599 14,968 14,715 15,069 14,971 13,918 13,489 13,308 16,084 14,301 15,459 16,363 16,758 16,577 15,908 14,662 15,314 15,058 16,095 15,617 15,841 16,864 17,445 17,727 17,348 15,671 16,526 15,671 57 79 68 31 23 15 25 76 44 76 Clay Clayton Clinton Crawford Dallas Davis Decatur Delaware Des Moines Dickinson 257 237 729 225 454 97 86 226 631 234 281 271 797 234 496 106 98 249 676 262 297 289 834 244 529 116 103 283 729 281 5.9 6.4 4.6 4.1 6.7 9.6 4.6 13.6 7.9 7.1 14,417 12273 14,196 13207 15,533 11,542 10,128 12,469 14,786 15,817 15,889 14,194 15,597 13,904 16,798 12,662 11,697 13,806 15,866 17,661 16,926 15,167 16,345 14,564 17,718 13,935 12,331 15,693 17,100 18,815 29 87 48 93 16 97 99 74 27 5 1217 1.326 1.411 6.4 14,074 15.360 16,323 50 Johnson Knox Kosciusko Laqranoe Madison Marion Marshall Martin Miami Monroe Montgomery Newton Tipton Union Vanderburah Vermillion Vino Wabash Warren Warrick Washington Wayne Wells Dubuoue .. .. 242 629 276 265 469 276 79 1,931 281 2,272 405 214 435 359 385 282 4261 255 678 285 275 493 285 83 2,075 292 2,058 SURVEY OF CURRENT BUSINESS April 1992 Table 2—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name Percent change2 Millions of dollars Rank in State Dollars 1988 1989 1990 Em mot Fayette Floyd Franklin Fremont Greene Grundy Guthrie Hamilton 151 272 231 157 132 154 187 149 265 160 303 252 173 140 174 201 167 299 169 325 280 184 143 171 216 172 315 5.8 7.3 11.2 62 22 -1.8 7.1 2.7 5.1 12,946 12,204 13,357 13,558 15,862 14,881 15,127 13,498 16,443 13,744 13,764 14,664 15,129 16,992 17,154 16,583 15,258 18,613 14,590 14,918 16,424 16,203 17,450 17,085 17,985 15,739 19,576 92 89 46 54 22 28 14 73 2 Hancock Harrison Henry Howard Humboldt Ida Iowa Jackson Jasper 176 287 194 280 135 157 125 217 261 544 191 313 210 305 153 185 127 231 293 606 204 334 225 341 165 188 130 255 316 634 6.8 6.5 6.9 12.0 7.8 1.6 2.5 10.1 7.7 4.7 13,888 14,707 13,134 14,853 13,669 14,380 14,790 14,824 12,930 15,768 15,090 16,275 14260 15,992 15,553 17,090 15,155 15,823 14,625 17,480 16,106 17,510 15,233 17,689 16,840 17,478 15,590 17,409 15,843 18,191 56 19 86 17 32 21 80 24 67 Jefferson Johnson Jones Keokuk Kossuth Lee . Linn Louisa Lucas Lyon 223 1,447 236 164 266 530 2,774 161 127 154 246 1,632 267 175 292 573 3,051 178 138 181 261 1,747 287 189 300 612 3,241 193 145 187 6.1 7.0 7.6 82 2.9 6.8 62 8.3 52 3.3 13,830 15,645 12,199 13,969 14,027 13,562 16,693 13,983 13,814 12,823 15,214 17278 13,759 14,992 15,569 14,755 18,215 15,432 15,108 15,154 15,986 18,057 14,752 16,297 16,182 15,825 19,148 16,640 15,998 15,675 60 12 91 51 55 70 4 41 59 75 177 286 462 583 192 154 145 110 176 637 196 313 496 655 200 184 151 121 195 705 210 336 527 693 215 201 154 128 203 750 7.4 7.1 6.2 5.7 7.6 9.7 2.1 6.5 4.2 6.3 14,355 13,354 15,680 15,090 14,693 14,016 14,237 13,448 14,439 16,073 15,799 14,602 16,679 17,074 15,199 16,759 14,929 14,802 16,081 17,740 16,791 15,579 17,497 18,107 16,233 18,440 15,342 15,841 16,817 18,750 35 82 20 11 53 9 84 68 33 6 O'Brien Osceola Page Palo Alto Plymouth Pocahontas Polk Pottawattamie Poweshiek 219 102 229 158 322 141 5,731 1,205 290 67 235 113 262 166 369 157 6,183 1,278 317 72 244 118 276 177 391 151 6,621 1,377 337 77 3.8 4.5 5.2 6.7 5.9 -3.6 7.1 7.7 6.5 6.9 14,057 13,798 13,391 14,398 13,885 14,288 18,026 14,621 15,472 12,242 15,177 15,486 15,458 15,349 15,863 16,261 19,152 15,496 16,769 13,240 15,789 16,331 16,349 16,620 16,689 15,932 20,139 16,645 17,677 14,217 72 49 47 43 37 62 1 40 18 96 Sac Scott Shelby .. Sioux Story Tama Taylor Union Van Buren Wapello 181 2,466 196 367 1,000 245 86 174 91 464 187 2,692 207 447 1,120 263 97 189 99 507 196 2,901 215 474 1,181 279 103 199 106 540 5.0 7.7 3.7 6.0 5.5 6.3 6.4 5.3 6.8 6.4 14,523 16,338 14,649 12,329 13,639 13,876 11,745 13,553 11,857 12,783 15,105 17,853 15,583 15,008 15,175 15,018 13,495 14,780 12,943 14,125 15,930 19,197 16,241 15,822 15,862 16,049 14,518 15,585 13,835 15,143 63 3 52 71 66 58 94 81 98 88 Warren Washington Wayne Webster Winnebago Winneshiek .. Woodbury Worth Wright 518 268 89 573 198 261 1,426 120 236 566 297 99 640 206 304 1,558 136 264 608 329 102 663 219 332 1,655 147 265 7.4 10.7 2.8 3.6 6.5 9.3 6.2 8.3 .5 14,100 13,853 12,319 14,035 16,335 12,523 14,642 14,740 16249 15,603 15,237 13,913 15,798 16,960 14,589 15,930 16,941 18,362 16,912 16,729 14,455 16,444 18,054 15,909 16,804 18,481 18,590 30 36 95 45 13 65 34 8 7 39,380 22,902 16,477 41,943 24,716 17,227 44,906 26,403 18,503 7.1 6.8 7.4 15,993 16,962 18,104 17,562 18,702 19,741 14226 14,963 16,189 Allen Anderson Atchison . Barber Barton Bourbon Brown Butler Chase Chautauqua 178 103 227 100 460 215 151 776 49 53 193 111 239 102 474 222 163 843 51 57 199 112 252 108 510 220 177 881 54 60 32 1.0 5.6 62 7.5 -.8 8.6 4.5 4.1 5.5 11,875 13,012 13235 16,087 15,016 14,075 13,431 15,715 15,784 11,698 13,004 14,124 14,010 16,885 15,838 14,718 14,571 16,822 16,859 12,736 13,637 14,403 14,922 18,504 17,441 14,769 15,895 17,351 17,768 13,627 101 93 83 26 41 85 66 42 36 102 Cherokee Cheyenne Clark Clay Cloud Coffey Comanche 257 54 46 128 149 122 38 268 54 50 131 153 130 38 272 62 58 143 175 134 41 1.6 13.9 16.7 8.4 14.5 3.1 7.8 11,909 16,082 18,643 13,816 13,177 14,215 15,827 12,474 16,363 20,452 14,260 13,728 15,336 16,346 12,752 19,082 24236 15,596 15,970 16,001 17,951 104 21 6 70 65 64 33 1988 Madison Mahaska Marion Marshall Mills Mitchell Monona Monroe Montgomery Muscatine J j .. Kansas Metropolitan portion Nonmetropolitan portion See footnotes at end of table. 1989 1990 1989-90 Area name Percent change2 Millions of dollars 1990 io Per capita personal income3 Total personal income 1988 1989 1990 Cowley Crawford Decatur 515 490 84 553 521 89 569 555 103 Dickinson Doniphan Douglas Edwards Elk Ellis Ellsworth Finney Ford Franklin 270 101 993 79 45 364 83 455 424 292 277 108 1,096 68 50 399 89 481 437 310 309 114 1,163 77 49 435 100 510 477 318 Geary Gove Graham Grant Gray Greeley Greenwood Hamilton Harper Harvey 319 53 51 134 95 35 114 59 117 435 359 62 53 137 88 42 119 49 124 455 370 68 58 153 99 49 122 56 134 477 Haskell Hodgeman Jackson Jefferson Jewell Johnson Keamy Kingman Kiowa Labette 90 37 157 218 58 7,930 74 118 66 344 72 31 163 233 58 8,612 73 118 62 353 74 39 172 248 70 9,355 90 132 71 363 Lane Leavenworth Lincoln Linn Logan Lyon McPherson Marion Marshall Meade 36 809 49 106 45 475 415 172 168 71 42 884 49 111 51 511 440 178 176 68 44 929 60 114 50 521 475 191 194 76 Miami Mitchell Montgomery Morris Morton Nemaha . Neosho Ness Norton Osage 321 103 512 79 56 152 232 75 87 203 343 103 552 82 55 160 253 77 89 212 361 126 582 90 61 175 266 88 100 223 Osbome Ottawa Pawnee Phillips Pottawatomie Pratt Rawlins Reno Republic Rice 72 81 126 101 215 169 54 919 103 157 74 70 129 103 224 163 57 973 101 157 85 82 138 113 234 179 66 1,071 104 175 786 83 56 124 810 96 6,766 287 2,770 47 838 83 58 129 864 98 7,312 293 2,985 47 880 92 71 139 937 121 7,800 322 3,152 52 Sherman Smith Stafford Stanton Stevens Sumner Thomas Trego Wabaunsee Wallace 113 78 103 55 117 382 129 55 93 30 114 78 94 53 124 408 138 55 94 31 129 82 106 61 125 428 151 61 101 31 Washington Wichita Wilson Woodson Wvandotte 92 50 139 51 2.101 92 61 148 56 2,186 104 65 147 57 2,285 Riley . Rooks Rush Russell Saline Scott Sedgwick Seward Shawnee Sheridan .... 1989-90 2.9 6.4 16.0 11.8 5.8 6.1 132 -3.0 92 12.6 6.0 9.1 2.6 32 10.5 9.7 11.9 11.7 15.4 3.0 14.0 8.1 4.6 3.3 23.4 5.7 6.4 20.5 8.6 23.8 12.3 14.1 2.8 3.8 5.1 21.8 3.5 -2.3 1.9 8.0 7.0 9.9 12.1 5.0 22.4 5.5 9.7 112 9.3 52 14.6 12.7 5.5 16.1 17.8 72 9.7 4.6 9.5 17.0 10.0 3.6 11.5 5.0 10.4 23.1 8.0 8.4 24.1 6.7 9.7 5.6 10.4 12.6 5.5 12.3 15.0 .7 4.9 9.0 11.3 7.0 -.5 12.8 7.0 -1.1 .8 4.5 Rank in State Dollars 1988 1989 1990 1990 13,965 14,987 15,414 13,541 14,547 15,642 20,160 21,813 25,816 72 68 4 14,130 12,080 12,598 20,380 13233 13,729 12,515 14272 15,571 13,356 14,545 13,107 13,597 17,725 14,870 15,184 13,470 14,763 15,949 14,108 16,334 14,110 14,136 20,340 14,674 16,788 15,211 15,340 17,330 14,437 59 98 96 14 87 50 79 75 43 92 10,509 15,699 13,652 18,885 17,728 19,484 14,163 23,869 16,060 14,025 11,789 18,770 14,476 19,119 16,390 23,565 14,937 20,205 17,211 14,672 12,161 21,166 16,388 21,328 18228 27,390 15,616 23,426 18,835 15,354 105 13 58 12 31 1 69 8 23 73 23,153 16,653 13,544 13,915 12,955 23,461 18,698 14,026 17,404 14249 18,504 14,285 14,125 14,726 13,311 24,745 18,273 14,110 16,836 14,770 19,174 17,829 14,972 15,538 16,565 26,156 22,362 16,009 19,556 15,346 20 35 82 71 54 2 10 63 18 74 15,152 12,997 13,053 12,899 14,081 13,578 15,107 13,164 13,914 16,329 17,671 13,914 13,234 13,403 16,316 14,650 16,074 13,738 14,864 15,774 18,482 14,366 16,395 13,860 16257 15,000 17,443 14,833 16,608 17,980 28 94 57 99 60 81 40 84 52 32 13,975 13,907 12,962 12,796 15,836 14,326 13295 17,825 14280 13,379 14,756 14,091 14,097 13,254 15,657 15,197 14,671 18,699 14,745 13,894 15,322 17,539 15,026 14,558 17,509 16,753 15,650 21,946 16,824 14,628 76 38 80 90 39 51 67 11 49 89 14,150 14,179 16,444 15,007 13,584 16,852 15,317 14,527 15,469 14,368 14,833 12,363 16,940 15,481 13,988 16,533 16,374 15,500 15,331 14,575 17,659 14,653 18,318 17,171 14,476 18,491 19,605 17,197 16,183 16,522 37 88 29 46 91 27 16 44 62 56 11,693 13,019 13,726 15,156 16,398 17,542 17,031 15,300 17,343 14,741 12,470 13,430 14,602 16,133 17,509 18,178 18,223 15,624 18,589 15,217 13,108 15288 18,583 17,900 19,002 23,066 19,276 17,160 19,558 17,184 103 78 25 34 22 9 19 47 17 45 15,835 14,844 18,511 23,330 23275 14,828 15,334 14,308 13,952 16,428 16,306 15,047 17,329 22,489 24,644 15,820 16,599 14,588 14,231 16,919 18,687 16,211 19,857 25,996 24,718 16,561 18276 16,588 15,307 16,994 24 61 15 3 5 55 30 53 77 48 12,594 18,027 12,956 11,965 12,769 12,816 21,850 14,134 13,415 13,396 14,693 23,575 14,327 13,810 14,134 86 7 95 100 97 SURVEY OF CURRENT BUSINESS April 1992 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income 3 Total personal income Area name Percent change2 Millions of dollars 1988 Kentucky Metropolitan portion Nonmetropolitan portion 1989 1989-90 1990 Rank in State Dollars 1988 1989 1990 47,914 26,196 21,718 51,561 28,220 23,341 55,319 30297 25,023 7.3 7.4 72 13,018 14,021 14,992 15,419 16,554 17,636 10,960 11,833 12,689 156 154 183 104 384 92 296 870 266 728 166 163 197 117 418 98 316 964 271 786 181 170 212 123 446 109 337 1,061 285 860 9.0 4.2 7.6 5.1 6.6 10,116 10,540 12,850 12,997 11,397 9,463 Boyle Bracken Breathitt Breckinridge Bullitt Butler Caldwpll Galloway Campbell Carlisle 320 79 142 179 578 108 146 380 1,171 59 345 82 150 188 621 123 154 411 1,254 64 Carroll Carter Casey 114 218 122 710 399 173 72 88 59 1,175 Adair Allen Anderson Ballard Barren Bath Bell Boone Bourbon 5.3 9.4 11,803 11,633 14,500 15,565 13,083 11,223 10,728 18,275 14,797 16,824 74 77 28 18 52 86 91 5 21 13 373 87 165 202 670 128 162 434 1,346 66 8.3 7.1 9.7 72 7.8 3.7 5.1 5.7 7.3 3.3 12,596 10,254 8,873 10,919 12,400 9,668 10,998 12,724 14,064 11,066 14,527 11226 10,531 12,384 14,030 11,370 12,228 14,046 16,017 12,623 27 85 94 65 35 84 67 34 15 61 124 233 133 753 404 182 76 97 62 1,298 133 252 145 788 436 189 81 103 67 1,382 7.6 8.4 9.6 4.7 7.8 3.7 7.1 5.8 8.1 6.4 12,361 13,375 14,332 8,879 9,553 10,370 8,469 9289 10,241 10,383 10,971 11,399 13,687 13,802 14,739 7,818 8,338 8,693 7,778 8240 8,875 9,560 10,569 11,157 8,524 9,035 9,900 13,534 14,944 15,822 30 97 99 83 23 114 111 87 104 17 72 44 129 3,665 125 468 653 104 59 132 77 47 135 4,042 133 502 690 112 68 143 82 51 147 4,378 142 546 745 117 75 155 7.0 8.5 92 8.3 6.5 8.7 7.9 3.6 8.1 6,749 6,843 8,804 16,763 10,156 10,376 15,036 12,419 11,399 11,453 7,323 7264 9225 18,198 10,826 11,380 15,852 13,535 12,759 12,383 7,923 7,880 10,053 19,320 11,511 12,571 16,977 14,100 13,882 13,328 118 119 100 3 80 62 9 32 37 43 Grant Graves Gravson Green Greenup Hancock Hardin Harlan .. Harrison Hart 173 433 204 105 476 103 1,061 370 183 143 190 466 215 116 483 109 1,131 394 202 154 204 482 228 126 514 115 1,193 423 214 163 7.8 3.4 6.4 82 6.4 5.4 5.5 7.4 6.4 62 11,355 13,023 9,762 10,078 12,847 13,073 11,267 9,700 11,403 9,392 12,254 12,915 13,972 14,335 10244 10,824 11203 12,137 13,121 14,002 13,832 14,569 12,391 13,459 10,585 11,610 12,492 13,155 10229 10,985 56 29 90 70 36 26 41 78 49 88 Henderson Henry Hickman Hopkins Jackson Jefferson .. Jessamine Johnson Kenton Knott 610 155 64 688 87 11,178 407 243 2,093 148 645 165 71 734 93 11,944 430 259 2,244 151 693 176 73 782 100 12,732 472 285 2,412 164 7.6 7.1 2.4 6.6 7.6 6.6 9.7 9.9 7.5 8.6 14297 12,106 11,152 14,901 15,055 12,883 12,625 15,925 7,804 17,961 14,312 11,029 15,912 8,435 16,075 13,744 13,072 16,934 9,185 14 38 53 11 116 4 19 66 10 109 Knox Larue Laurel Lawrence Lee Leslie Letcher Lewis Lincoln 257 139 468 120 56 112 249 119 180 103 273 151 497 127 61 122 268 125 191 109 295 160 526 137 65 135 293 137 207 117 8.1 6.4 6.0 7.4 7.6 9,941 8,649 9212 11,797 12,868 13,727 11,005 11,554 12,069 8,613 9,115 9,755 7,371 8,085 8,788 8,070 8,872 9,929 8,992 9,835 10,892 8,985 9,541 10,513 9,095 9,589 10,316 11297 12,002 12,897 102 39 72 106 113 103 89 95 98 57 Looan McCracken McCreary McLean Madison . Magoffin Marion Marshall Martin 283 66 944 102 117 631 99 172 345 135 308 72 1,028 108 126 677 105 190 383 142 321 78 1,099 120 128 732 115 204 399 151 11,519 12,606 13,134 10,085 10,878 11,721 15,121 16,421 17,450 6,481 6,923 7,663 12,060 13,023 13,301 11,262 11,916 12,672 7,463 7,971 8,843 10,232 11,430 12,407 12,961 14,234 14,597 10,431 11,175 12,062 50 75 7 120 44 60 112 63 24 73 Mason Meade Menifee Mercer Metcalfe 201 235 35 255 83 221 256 38 280 88 236 277 42 305 95 12,113 13,280 14,123 9,954 10,702 11,427 6,860 7,442 8,206 13,515 14,725 15,892 9,272 9,802 10,553 31 81 117 16 93 Clark Clay Clinton Crittenden Cumberland Daviess Edmonson Elliott Estill Fayette Fleming Franklin Fulton Gallatin Garrard . LyST See footnotes at end of table. .. . 10.5 6.8 10.1 11.4 11.1 9.3 9.2 8.5 7.6 42 8.6 7.0 10.6 1.9 8.2 10.0 7.7 4.1 6.1 6.8 8.4 10.5 9.0 7.9 7,281 16,742 13,791 10,191 14,936 8,178 13,505 10,543 9,520 11,560 13201 11,013 11,637 13,552 15,030 12,176 8,391 19,140 15,381 12,273 16,935 Area name 1990 10,831 11,185 13,699 14,737 12,377 10,156 9213 9,972 15,862 17,111 13,782 14,078 14,033 15296 Per capita personal income3 Total personal income Percent change2 Millions of dollars 1988 1989 1989-90 1990 Rank in State Dollars 1988 1989 1990 1990 Monroe Montgomery Morgan Muhlenberg Nelson 122 221 91 338 368 131 238 97 357 402 139 259 111 381 434 5.8 8.5 14.1 6.8 8.1 10,535 11,203 7,708 10,647 12,516 11,486 12,171 8,293 11,341 13,603 12208 Nicholas Ohio Oldham Owen Owsley Pendleton Perry Pike Powell Pulaski 77 214 533 89 38 125 353 809 103 552 82 225 613 96 39 136 370 861 108 594 90 241 687 105 43 146 410 948 116 642 9.6 6.7 12.0 9.9 9.8 7.3 10.8 10.1 7.4 8.0 11,335 10,047 16,912 9,898 13,363 11,400 20,466 11,649 10,649 11,348 10,784 8,857 11,199 12,176 10,657 18,887 10,645 7,692 11,478 12,086 11,711 9,260 12,042 12,089 13,563 13,109 9,883 12,942 42 82 2 76 115 71 40 51 105 55 Robertson Rockcastle Rowan Russell Scott Shelby 18 131 182 153 340 358 183 71 247 112 20 139 196 171 384 393 197 79 265 124 21 157 212 188 431 426 201 88 280 126 7.4 12.7 8.4 9.9 12.4 8.4 1.9 112 5.6 2.0 8,535 8,877 9,068 10,524 14,593 14,735 12,119 10,778 11,741 10,164 9259 9,961 9,458 10,600 9,710 10,397 11,699 12,726 16,282 17,997 16,020 17,104 13,044 13240 11,794 12,844 12,588 13236 11,322 11,536 101 92 96 59 6 8 45 58 46 79 122 74 222 975 115 142 203 355 52 421 133 84 236 1,062 125 155 220 381 54 458 137 86 245 1,131 137 167 235 413 58 471 32 2.7 3.9 6.5 9.3 72 7.0 8.4 7.5 2.9 11,921 12,126 13,199 12,637 11,128 14202 10,577 7,970 21,719 12,907 13,759 14,194 13,835 12,030 8,929 15,617 11,416 8,326 23,259 48 33 20 22 54 107 12 64 110 1 54,093 40,746 13,347 56,727 42,987 13,740 61,178 46,330 14,849 7.8 7.8 8.1 12,611 13,338 14,528 13,686 14,546 15314 10,171 10,588 11,586 Acadia Allen Ascension .. Assumption Avoyelles Beauregard . . . Bienville Bossier Caddo Calcasieu 551 183 676 217 344 340 172 1,088 3,616 2,162 569 192 716 237 348 341 181 1,123 3,807 2275 612 207 782 259 393 372 193 1,206 4,046 2,514 7.6 8.0 9.3 9.6 12.9 9.3 6.7 7.4 6.3 10.5 8,464 11,677 9,420 8,565 11,151 10,570 12,503 14289 12,756 Caldwell Cameron Catahoula Claiborne Concordia De Soto East Baton Rouge East Carroll East Feliciana Evangeline 103 105 115 182 234 280 5,726 105 211 324 105 108 99 184 236 284 6,237 99 211 333 115 117 111 194 259 298 6,788 105 233 372 8.7 7.6 12.8 5.5 9.8 4.9 8.8 5.7 10.4 11.7 10207 11,079 10,005 10,186 10,779 10,747 14,907 10,431 10,839 9,545 Franklin Grant Iberia Iberville Jackson .. Jefferson Jefferson Davis Lafayette Lafourche LaSalle 191 157 724 356 173 6,842 318 2,373 983 149 198 166 771 360 179 7,168 323 2,512 1,020 149 217 178 839 398 189 7,650 342 2,775 1,105 157 9.7 7.6 8.8 10.6 5.9 6.7 5.7 10.5 8.3 5.5 8,321 8,917 10,481 11,191 10,672 15,007 10,078 14,223 11,333 10,308 Lincoln Livingston Madison Morehouse 457 705 114 352 362 7,382 1,752 336 241 1,665 492 727 109 365 372 7,709 1,842 351 242 1,770 531 792 114 393 392 8,197 1,970 377 274 1,919 99 225 236 843 603 79 261 471 803 98 237 247 864 632 80 282 491 817 104 251 263 915 687 87 308 535 901 Spencer Taylor Todd ... . Trigg Trimble Union Warren Washington Wayne Webster Whitley Wolfe Woodford Louisiana Nonmetropolitan portion Orleans Ouachita Plaquemines Pointe Coupee Rapides Red River Richland Sabine St Bernard SL Charles St. Helena St James St John the Baptist St Landry 7,317 8,151 9,671 10,087 8,947 12,309 10,332 8,798 11,240 11210 12,976 15,197 13,475 13215 9,497 12,172 14,580 8,551 13,189 14,087 14,824 14,747 13,053 9,527 16,883 12,390 8,991 23,493 68 47 108 69 25 10,984 9,783 13,425 11,426 10,079 12,398 12,081 14,023 16,337 14,968 50 59 16 42 57 26 34 12 6 8 10,589 11,562 8,766 10,453 11,131 11,070 16,322 10,063 10,920 9,906 11,731 12,633 10,113 11,190 12,516 11,801 17,881 10,876 12,156 11,197 38 22 56 47 24 36 1 51 32 46 8,742 9,443 11,232 11,453 11,210 15,863 10,405 15,153 11,818 10,628 9,735 10,186 12,301 12,861 12,106 17,101 11,163 16,868 12,889 11,594 60 54 29 20 33 3 48 4 19 41 7.9 8.9 4.1 7.5 5.3 6.3 7.0 7.7 13.4 8.4 10,912 11,755 10,051 10,321 8,612 8,543 10,624 11,256 9,634 10,027 14,317 15,257 12235 12,903 12,942 13,606 10,410 10,593 12,466 13,356 12,713 11,214 9,209 12,353 10,715 16,578 13,869 14,786 12,214 14,615 21 45 63 28 53 5 14 9 30 11 6.7 5.7 6.4 5.9 8.7 8.7 9.1 9.0 10.3 10252 10,597 10,086 12,573 14280 7,900 11,141 12202 11,662 13,734 16,167 8,797 14,777 13,347 11,261 49 31 40 15 7 64 10 17 44 10267 11,343 10,737 12,920 14,905 8,036 12261 13,401 11,884 12,300 9,731 10,049 April 1992 • 93 SURVEY OF CURRENT BUSINESS Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name 1989 1988 St. Martin Percent change2 Millions of dollars 1989-90 1990 403 426 475 632 2,156 893 84 1,070 234 524 550 456 503 665 2,297 929 74 1,127 242 556 560 461 517 718 2,482 1,002 85 1,223 256 589 596 490 550 230 102 119 150 245 103 115 153 271 116 126 165 122 18,311 7,993 10,318 20,075 8,739 11,335 Aroostook Cumberland Franklin Hancock Kennebec Knox Lincoln Oxford Penobscot 1,507 1,049 4,486 382 738 1,717 534 506 687 1,999 1,633 1,143 4,937 420 821 1,895 598 561 747 2,169 Piscataquis Sagadahoc Somerset Waldo Washington York 227 533 566 367 414 2,598 Rank in State Dollars 1988 9,084 1989 1990 52 12,428 17,129 11,704 12,049 12,633 12,398 11,792 9,603 11,383 13,134 25 2 39 35 22 26 37 61 43 18 7.6 11,627 12,524 13,962 8258 8,427 9,585 9,175 8,858 9,793 9,083 9,350 10,172 13 62 58 55 21,156 9,196 11,960 5.4 52 5.5 15208 16,455 17,183 16,488 17,780 18,526 14,345 15,561 16277 1,704 436 877 1,990 631 594 786 2,281 4.3 5.0 5.6 3.6 6.8 5.0 5.5 5.9 5.2 52 14,530 11,943 18,917 13,275 16,145 15,080 14,951 17,198 13,297 13,897 15,584 13,064 20,485 14,504 17,657 16,446 16,548 18,680 14,283 14,885 16,154 13,824 21,362 15,003 18,615 17,131 17,325 19,467 14,907 15,521 8 12 1, 10 4 7 6 2 11 9 242 592 625 409 451 2,831 258 631 684 435 479 2,960 6.6 6.6 9.4 62 6.1 4.6 12,378 16,322 11,581 11,464 11,868 16288 13,028 17,824 12,630 12,541 12,830 17,396 13,793 18,759 13,706 13,111 13,549 17,908 13 3 14 16 15 5 90,877 85,805 5,072 98,591 93,108 5,483 104,954 99,103 5,851 6.5 6.4 6.7 19,507 20,856 21,857 19,838 21215 22,231 15,214 16,197 17,005 Allegany Anne Arundel Baltimore Calvert Caroline Carroll Cecil Charles Dorchester Frederick 968 8,545 14237 925 340 2,330 1,130 1,666 464 2,549 1,035 9,181 15,319 1,040 365 2,549 1,252 1,827 488 2,815 1,108 9,777 16286 1,136 384 2,733 1,345 1,970 516 3,020 7.0 6.5 6.3 9.3 52 7.3 7.4 7.8 5.8 7.3 12,877 20,470 20,879 19,262 13,069 19,756 16,388 17,361 15,426 17,819 13,799 21,709 22280 20,827 13,719 21,061 17,807 18,474 16,164 19,142 14,786 22,797 23,470 21,893 14,121 22,002 18,744 19,317 17,032 19,954 21 5 4 7 22 6 15 12 17 10 Garrett Harford Howard Kent MontQomerv Prince Georges Queen Annes St Marys Somerset Talbot 324 3,278 4,375 306 19,724 12,451 622 1,081 247 666 347 3,596 4,841 325 21,637 13,491 668 1,186 267 723 372 3,843 7.1 6.9 7.8 6.1 6.0 62 9.5 7.7 4.9 72 11,704 18,888 25,122 17,374 27,329 17,447 19,340 14,826 10,893 22,559 12,424 20,156 26,659 18293 29,175 18,677 20,125 15,894 11,566 24,004 13,172 20,941 27,546 19,261 30,081 19,568 21,344 16,702 11,889 25,217 23 9 2 13 1 11 8 18 24 3 Washington Wicomico Worcester Baltimore City 1,736 1,066 577 11267 1,866 1,154 629 11,990 666 12,696 5.9 7.3 5.9 5.9 14,560 14,753 16,695 15,180 15,494 15,722 18,049 16237 16,238 16,581 18,955 17263 20 19 14 16 123246 117,701 5,546 131,457 125,535 5,921 135,776 129,664 6,112 3.3 3.3 32 20,607 21,853 22,555 20,596 21^55 22,572 20,833 21,809 22,189 Middlesex Nantucket 3,963 2,518 8,511 252 14,000 1,164 7,891 2,371 32,332 167 4,230 2,712 9,052 271 14,858 1,239 8,386 2,548 34,499 181 4,363 2,790 9,382 281 15,309 1,291 8,706 2,618 35,396 177 32 2.9 3.6 3.5 3.0 4.2 3.8 2.8 2.6 -22 21,999 17,825 16,896 22,513 21,017 16,853 17,369 16,265 23,159 28,682 22,953 19,300 17,874 23,638 22,177 17,750 18,367 17,382 24,628 30,499 23,267 20,068 18,521 24,017 22,834 18,387 19,073 17,853 25,312 29,383 Norfolk Plymouth Suffolk Worcester 15,185 8,549 13,417 12,926 16,225 9,061 14,454 13,741 16,580 9,367 15,366 14,149 22 3.4 6.3 3.0 24,724 19,809 20,221 18,518 26,307 20,843 21,725 19,453 26,909 21,500 23,150 19,895 152286 128,822 23,464 163,322 137,971 25,351 171,170 144,363 26,807 4.8 4.6 5.7 16,518 17,650 18,378 17,413 18,600 19,355 12,885 13,811 14,448 116 90 125 95 133 101 6.9 5.5 11,662 12,404 13,083 10.110 10,694 11,198 West Baton Rouge West Carroll West Feliciana Winn Maine Metropolitan portion Nonmetropolitan portion Maryland Metropolitan portion Nonmetropolitan portion Massachusetts Metropolitan portion Barnstable Berkshire Bristol Dukes Essex Franklin Hampden MetroDolitan oortion N nmSmMlitn nortion Alcona Aloer See footnotes at end of table. 1200 5211 5218 344 22,941 14,321 731 1,277 280 774 1,977 1238 11.5 7.9 8.1 7.9 14.3 8.4 5.8 6.0 6.3 6.4 6.3 10.3 10.1 10,418 15,189 10,324 11,319 10,845 11,053 10,300 8,976 10,351 11,726 11230 16,005 10,786 10,247 11,532 11,561 11,024 9,080 10,564 12204 Area name Percent change2 Millions of dollars 1988 1990 9,636 10,805 St. Mary St. Tammany Tangipahoa Tensas Terrebonne Union Vermilion Vernon Washington Webster Per capita personal income3 Total personal income 1989 1990 1989-90 Rank in State Dollars 1988 1989 1990 1990 Allegan Alpena Antrim Arenac Baraaa "**•«»«* Barrv Bay ::::...z:..z..i.:.:i.. Benzie 1,265 403 221 177 89 716 1,657 144 1,377 423 246 193 95 776 1,748 154 1,465 450 264 205 102 829 1,844 164 6.4 6.4 7.4 6.4 6.9 6.8 5.5 6.4 14,361 13213 12,550 12,079 11213 14,672 14,791 12,134 15,402 13,868 13,716 13,015 11,954 15,684 15,645 12,810 16,107 14,691 14,428 13,681 12,765 16,477 16,499 13,402 27 39 46 55 69 24 23 60 Berrien Branch Calhoun Cass Charlevoix Chebovoan Chippewa Clare Clinton Crawford 2,361 499 1,939 692 290 246 322 268 811 108 2,500 534 2,056 747 311 267 348 286 886 116 2,623 558 2,171 775 342 283 378 307 927 128 4.9 4.5 5.6 3.7 14,667 12,197 14,326 14,161 13,913 11,720 9,682 10,965 14,306 9,326 15,522 12,953 15,166 15,189 14,694 12,581 10,252 11,593 15,452 9,710 16,232 13,403 15,944 15,619 15,865 13,157 10,864 12,269 15,953 10,304 26 59 29 33 30 64 81 72 28 83 Delta Dickinson Eaton Emmet Genesee Gladwin Gogebic Grand Traverse Gratiot Hillsdale 469 399 1,440 378 6,588 242 208 938 503 559 506 452 1,536 430 6,945 261 219 1,021 534 609 546 500 1,656 469 7,247 279 234 1,088 570 645 7.8 9.0 4.3 7.0 7.0 6.6 6.7 5.8 12,386 14,941 15,782 15,459 15254 11,340 11,356 15214 12,922 13,043 13,389 16,887 16,685 17,366 16,126 12,077 12,046 16,179 13,718 14,127 14,451 18,605 17,764 18,655 16,829 12,698 12,986 16,808 14,599 14,810 44 8 13 7 21 70 67 22 41 37 Houghton Huron Ingham Ionia losco Iron Isabella Jackson Kalamazoo Kalkaska 402 541 4,412 644 348 162 677 2,114 3,602 128 424 615 4,707 693 376 177 740 2,262 3,917 135 461 623 4,930 732 400 192 786 2,365 4,096 148 8.6 1.3 4.7 5.6 62 8.8 6.1 4.6 4.6 9.8 11,126 15,445 15,754 11,589 11,628 12,098 12,475 14,309 16,313 9,908 11,889 17,585 16,760 12,293 12,519 13,346 13,602 15208 17,637 10,173 13,021 17,805 17,458 12,777 13,195 14,615 14,360 15,750 18,288 10,862 66 12 17 68 63 40 47 32 11 82 Kent Keweenaw Lake Lapeer Leelanau Lenawee LJvinaston Luce Mackinac Macomb 8,117 20 82 1,109 246 1,357 2,112 93 125 13,324 8,817 21 88 9,386 23 94 1,292 294 1,502 2,464 106 147 15,051 6.5 8.3 6.0 4.5 7.4 32 6.0 7.9 8.7 5.0 16,578 11,364 9,723 15292 15,421 15,060 19,107 15,939 11,886 18,820 17,799 12,469 10,403 16,780 16,822 16,024 20,513 17,007 12,757 20,122 18,674 13,686 10,871 17,194 17,655 16,373 21,153 18,394 13,740 20,924 6 54 80 19 14 25 3 9 52 4 302 967 369 453 351 1,498 141 2,315 727 106 6.4 4.6 6.8 5.1 6.5 5.6 5.0 4.6 4.0 9.4 12,442 12,357 12,395 10,669 12,065 17,570 10,450 15,729 12,373 10,626 13,342 13,030 13,545 11,611 13,213 18,938 11,303 16,678 13,369 11,092 14208 13,644 14,448 12,123 14,066 19,732 11,558 17278 13,636 11,810 49 56 45 73 50 5 76 18 57 75 2,353 529 29,246 328 206 126 240 91 270 3,470 5.3 7.1 4.6 4.9 3.8 5.3 52 9.3 7.1 13283 12,335 24,314 12,969 10,316 12,335 10,512 9,806 13,157 16,372 14,130 13,074 26,061 14,005 10,814 13,539 11,433 10,507 14,062 17,578 14,767 13,775 26,884 14,556 10,954 14,250 11,892 11,548 14,937 18,360 38 51 1 43 79 48 74 77 35 10 12,687 12,726 16,078 16,836 14,653 14,999 12,100 15,401 14,015 13,175 Manistee Marquette Mason Mecosta Menominee Midland Missaukee Monroe Montcalm Montmorency 266 881 317 395 302 1,302 122 2,073 637 91 1237 273 1,455 2,325 98 135 14,339 284 925 346 431 329 1,419 135 2213 700 97 10.0 5.9 8.6 7.3 4.7 10.0 8.0 10.6 Muskegon Newaygo Oakland Oceana Ogemaw Ontonagon Osceola Oscoda Otsego Ottawa 2,091 460 25,778 287 185 109 208 74 225 2,952 2235 494 27,949 312 199 120 229 81 247 5 9 12 4 7 13 11 14 3 1 Presque Isle Roscommon Saginaw St Clair SL Joseph Sanilac Schoolcraft Shiawassee Tuscola Van Buren 163 231 3,227 2226 809 540 94 1,019 721 852 174 247 3,412 2,427 859 596 100 1,068 774 914 186 265 3,583 2,555 879 617 103 1,102 811 963 7.1 7.5 5.0 5.3 2.3 3.6 2.8 32 4.9 5.3 11,903 12212 15,147 15,618 13,860 13,646 11252 14,766 13,131 12,405 13,523 13,307 16,904 17,480 14,883 15,434 12,425 15,763 14,585 13,697 58 62 20 15 36 34 71 31 42 53 2 8 6 10 Washtenaw Wayne Wexford 5,695 33,892 312 6,180 35,621 335 6,466 36,824 352 4.6 3.4 5.0 20,461 22,020 22,782 15,815 16,779 17,461 11,963 12,790 13,312 2 16 61 70,937 52,535 18,402 77,443 56^28 20,516 82221 60,646 21,575 62 6.5 52 16,509 17,852 18,731 18251 19,478 20,392 12^74 14,494 15,240 137 3,775 336 149 4,102 366 158 4,363 394 62 6.4 7.7 10,748 11,871 12,772 16206 17,174 17,779 12,000 13,103 14,117 Minnesota Metropolitan portion Nonmetropolitan portion 65 78 Aitkin Anoka Becker 3241 12.9 79 11 70 SURVEY OF CURRENT BUSINESS April 1992 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name 1988 Beltrami . . . . Benton Big Stone Blue Earth Brown . Carlton Carver . Percent change2 Millions of dollars . . 1989 1990 Rank in State Dollars 1989-90 1988 1989 1990 405 412 91 771 432 391 911 440 428 92 808 446 415 991 8.6 3.8 .8 4.8 32 6.2 8.7 11,162 12,797 11,905 12,891 13,909 12,323 17,572 11,905 13,891 14270 14236 15,990 13,357 19,503 12,751 14,094 14,685 14,957 16,543 14,168 20,487 81 71 64 60 26 68 5 228 174 425 641 84 55 180 568 4,924 213 247 199 467 697 91 61 202 622 5,463 240 263 213 492 753 96 65 205 664 5,879 249 6.5 6.9 5.4 8.1 5.4 7.3 1.4 6.7 7.6 3.8 10,623 12,813 14,454 12,880 10,080 13,905 13,780 12,998 19222 13,785 11,394 14,892 15,558 13,906 10,958 15,564 15,729 14,146 20,472 15,370 12,027 16,123 16,041 14,905 11,560 16,804 16,164 14,972 21,123 15,780 85 34 36 61 87 20 32 59 2 42 354 237 272 467 589 87 21,482 239 161 341 387 273 304 507 651 101 22,920 266 175 368 409 272 316 507 684 104 24,561 280 186 390 5.5 -.3 3.8 -.1 5.1 2.1 72 5.5 6.6 5.9 12,431 13,599 12,987 13,971 14,686 13,600 21234 12,946 10,860 13,442 13,557 15,953 14,611 15281 16,113 16,056 22,410 14,390 11,763 14,338 14,226 16,141 15,209 15,352 16,759 16,624 23,705 15,144 12,445 14,975 67 33 54 52 21 23 1 55 83 58 Itasca Jackson Kanabec Kandiyohi Kittson Koochiching Lac Qui Parle Lake Lake of the Woods 476 163 148 525 90 174 117 105 48 329 514 192 159 591 104 199 136 117 51 364 547 195 166 638 109 231 139 132 55 378 6.4 11,539 12,547 13,399 1.4 13,499 16214 16,747 4.7 11,772 12,498 12,951 7.9 13,743 15,361 16,404 5.0 , 15,312 17,907 18,979 15.7 10,560 12,184 14,165 2.1 12,620 15,047 15,672 9,743 11,077 12,770 13.0 7.6 11,981 12,577 13,330 3.8 14,190 15,679 16,238 74 22 77 28 9 69 48 80 75 31 Lincoln Lyon McLeod Mahnomen Marshall Martin Meeker Mille Lacs Morrison Mower 91 346 468 56 153 338 276 245 326 536 105 390 509 60 169 389 310 266 362 591 110 411 542 66 179 402 332 282 381 631 4.7 5.4 6.6 9.1 6.0 3.4 72 6.0 5.5 6.7 12,692 13,948 14,898 10,931 13,486 14,400 13,348 13,211 11,080 14,179 15,030 15,749 16,038 11,924 15,190 16,818 14,904 14282 12261 15,735 16,042 16,572 16,876 13,095 16,361 17,588 15,888 15,067 12,866 16,882 35 25 18 76 30 13 39 56 78 17 Murray Nicollet Nobles Norman Olmsted Otter Tail Pennington Pine Pipestone Polk 135 351 292 119 1,827 620 179 219 142 456 152 397 330 131 2,030 697 194 236 159 504 152 410 343 142 2.195 739 209 247 166 532 -.1 3.3 4.2 8.7 8.1 6.1 7.8 4.6 4.6 5.7 13,581 12,633 14,347 14,564 17,674 12,223 13,159 10,494 13,395 13,892 15,581 14200 16,331 16250 19,317 13,741 14,463 11,199 15,053 15,451 15,776 14,553 17,104 17,881 20,515 14,568 15,753 11,572 15,822 16,390 43 66 15 10 4 65 45 86 40 29 125 8,691 58 217 251 669 136 217 2,626 959 143 9,390 66 262 300 731 154 227 2,875 1,051 148 9,887 68 265 305 778 156 250 3,052 1,113 3.9 5.3 2.2 1.3 1.7 6.4 1.4 10.1 6.2 5.8 11,456 18,121 12,356 12,357 13,792 13,844 13,672 15,132 13,070 17,565 13204 19,451 14,494 15,063 16,764 14,983 15,611 15,398 14,432 18,640 13,803 20,303 15,041 15,393 17,307 15,767 15,973 16,484 15,419 19,060 72 7 57 51 14 44 37 27 50 8 Swift Todd Traverse Wabasha Wadena 493 193 1,513 457 138 135 253 73 249 142 540 223 1,678 510 159 161 278 89 277 156 576 226 1,760 542 162 167 296 91 293 163 6.7 1.0 4.9 6.3 2.3 4.0 6.4 2.2 5.4 42 12,526 13,315 13,016 15,005 12,909 12,100 10,739 15,527 12,697 10,741 13,233 15,511 14266 16,659 14,888 14,779 11,854 19,514 14,105 11,840 13,596 15,718 14,757 17,592 15,273 15,688 12,660 20,472 14,791 12,367 73 46 63 12 53 47 82 6 62 84 Waseca Washington Watonwan Wilkin Winona Wright Yellow Medicine 249 2,687 154 106 629 984 156 285 2,931 179 122 703 1,094 185 300 3,043 184 127 739 1,164 186 5.3 3.8 2.9 3.9 52 6.4 .4 13,796 19,407 13,047 13,814 13,280 14,858 12,938 15,779 20,555 15259 16,152 14,757 16,179 15,644 16,575 20,682 15,785 16,920 15,422 16,839 15.970 24 3 41 16 49 19 38 Cass Chippewa Chisago Clay Clearwater Cook Cottonwood Crow Wing Dakota Dodge Douglas Faribault Fiilmore Freeborn Goodhue Grant Hennepin Houston Hubbard Isanti Ramsey Red Lake Redwood Renville Rice Rock St Louis Scott Sibley Stearns Qtoolo See footnotes at end of table. Area name 1990 376 372 78 701 378 361 794 Per capita personal income 3 Total personal income Percent change2 Millions of dollars Rank in State Dollars 1989-90 1988 1989 1990 1990 1988 1989 1990 29215 10,066 19,149 31,091 10,821 20270 33,027 11,516 21,512 62 6.4 6.1 11,321 12,077 12,830 13,057 13,998 14^21 10,581 11,253 11,970 Adams Alcom Amite Attala Benton Bolivar Calhoun Carroll Chickasaw Choctaw 416 364 113 173 76 428 154 86 194 80 443 382 116 184 80 445 159 90 202 85 478 402 126 196 82 470 164 94 211 88 7.8 5.3 82 6.5 2.8 5.7 32 5.4 4.5 3.9 11,423 11,379 8,432 9201 9,408 9,957 10,190 9245 10,784 8,877 12,383 12,007 8,715 9,884 9,884 10,513 10,589 9,673 11,222 9,396 13,563 12,691 9,432 10,600 10,183 11,265 10,991 10,235 11,672 9,735 11 18 76 58 69 48 53 68 34 73 Claiborne Clarke Clay Coahoma Copiah Covington De Soto Forrest Franklin Georae 99 163 228 356 256 153 919 800 86 149 104 174 246 373 274 161 1,013 858 89 160 112 184 259 398 288 165 1,106 904 95 175 8.1 5.6 5.7 6.8 5.1 3.0 92 5.3 6.0 9.3 8,560 9,357 10,736 10,819 9,376 9,304 14,146 11,696 10,167 9,013 9,096 10,043 11,599 11,596 9,991 9,753 15209 12,571 10,618 9,641 9,903 10,611 12291 12,644 10,428 9,999 16,170 13227 11,322 10,486 72 57 27 19 64 71 2 15 45 63 Greene Grenada Hancock Harrison Hinds Holmes Humphreys Issaquena Itawamba Jackson 75 249 347 2,020 3,619 181 158 23 206 1,404 77 271 371 2,140 3,916 188 155 21 218 1,452 81 271 397 2,265 4,123 204 172 21 230 1,551 5.7 .1 7.0 5.8 5.3 8.3 112 .8 5.4 6.8 7,393 11,679 11,275 12,180 14,079 8226 12,562 11,584 10228 12,004 7,523 12,638 11,840 12,935 15,337 8,648 12,585 10,931 10,873 12,531 7,933 12,569 12,423 13,691 16,215 9,442 14,244 11,325 11,497 13,475 82 21 22 10 1 75 8 44 36 13 Jasper Jefferson Jefferson Davis Jones Kemper i v 155 64 113 689 86 321 272 1,032 125 179 163 65 120 732 89 347 292 1,090 124 198 173 70 124 769 93 371 316 1,150 131 203 6.1 7.6 3.8 4.9 4.9 6.8 8.0 5.5 5.4 2.6 9,022 7275 8,039 11,039 8290 10,171 9213 13,536 9,840 9,684 9,525 7,478 8,533 11,784 8,565 10,955 9,748 14,387 9,906 10,729 10,127 8,138 8,858 12,392 8,984 11,620 10,326 15,228 10,516 11,016 70 81 79 23 77 35 65 3 62 52 Neshoba 837 437 309 706 657 242 301 407 120 237 896 460 332 776 735 254 325 431 126 250 963 495 356 830 801 268 347 451 134 266 7.4 7.4 7.1 7.0 8.9 5.8 6.9 4.6 6.1 6.4 13,051 11237 10,129 11,837 12,830 9291 9,887 11,112 9,573 9,573 13,809 12,118 10,942 13,070 13,966 9,870 10,683 11,776 10,129 10,094 14,627 13,311 11,756 14,000 14,774 10,530 11,434 12,312 10,814 10,719 6 14 33 9 5 61 39 26 55 56 Newton Noxubee Oktibbeha Panola Pearl River Perry Pike Pontotoc Prentiss Quitman 224 106 373 294 381 99 374 253 232 102 244 105 408 311 406 103 394 267 247 104 255 112 432 339 437 112 420 284 267 110 4.7 6.8 5.8 8.9 7.8 8.5 6.5 6.5 7.9 5.7 11,005 8265 9,779 9,938 9,950 9,148 10,044 11,465 9,931 9,373 12,006 8,295 10,664 10,439 10,542 9,529 10,648 12,066 10,597 9,799 12,572 8,942 11,234 11,265 11,274 10,281 11,388 12,763 11,449 10,535 20 78 50 48 47 67 42 17 38 60 Rankin Scott Sharkey Simpson Smith Stone Sunflower 1,100 270 79 232 149 106 358 148 255 204 1,193 298 75 251 162 113 372 151 273 219 1,274 313 84 262 167 123 404 161 290 231 6.7 5.3 12.6 4.3 2.6 8.6 8.7 6.8 6.1 5.5 13,079 11,101 10,693 9,635 9,930 10,019 10,598 9,639 12,016 10,599 13,911 12,297 10,439 10,482 10,904 10,628 11,180 9,876 12,803 11,307 14,525 12,991 12,002 10,936 11,281 11,427 12,334 10,591 13,501 11,818 7 16 29 54 46 40 25 59 12 32 Tishominoo Tunica Union Walthall Warren Washington . Wayne Webster Wilkinson Winston 178 85 237 111 645 756 179 106 87 199 186 84 250 119 688 786 187 111 88 208 199 93 264 124 718 837 201 116 94 223 6.5 10.5 5.7 5.0 4.4 6.4 7.9 4.7 6.5 7.1 10,034 10,106 10,768 7,813 13,154 10,958 9,149 10272 8,847 10,144 10,541 10,152 11,346 8,293 14,233 11,509 9,559 10,793 9,041 10,695 11,231 11,409 11,957 8,657 15,040 12,336 10,313 11,372 9,719 11,489 51 41 30 80 4 24 66 43 74 37 Yalobusha Yazoo 127 296 134 297 142 312 62 5.0 10,309 11,007 11,838 11,331 11.554 12272 31 28 Mississippi Metropolitan portion Nonmetropolitan portion 1 aiiHprrlalp Lawrence Lee Lincoln Madison Marion Marshall Monroe Tate Tippah SURVEY OF CURRENT BUSINESS April 1992 • 95 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name Percent change2 Millions of dollars Rank in State Dollars 1988 1989 1990 79,438 58,738 20,701 85,036 62,848 22,189 89,611 66,159 23,452 5.4 5.3 5.7 Adair . .. Andrew Atchison Audrain Barry Barton Bates Benton Bellinger 285 191 99 326 320 150 214 137 104 1,652 312 206 105 344 349 162 225 148 111 1,796 331 217 124 355 373 166 226 157 119 1.9& 6.3 5.5 17.9 3.3 6.7 2.9 2 5.9 6.9 7.8 11,551 13,101 12,958 13,573 11,918 13,298 14,139 10,110 9,899 14,902 12,663 14,127 13,911 14,488 12,839 14,313 14,948 10,812 10,523 16,091 13,471 14,839 16,622 15,089 13,466 14,692 15,023 11,269 11,156 17,175 64 37 10 30 65 40 31 101 103 Buchanan Butler Caldwell Callaway Camden Cape Girardeau Carroll Carter Cass Cedar 1,190 430 106 435 339 881 135 47 946 128 1,267 458 111 464 371 956 144 49 1,024 138 1,328 497 115 488 398 1,016 148 52 1,092 148 4.8 8.5 2.8 5.2 7.3 6.4 32 5.5 6.7 7.1 14,178 11,143 12,719 13,375 12,804 14,409 12280 8,455 15,484 10,566 15200 11,850 13,326 14,207 13,721 15,576 13,231 8,970 16,363 11,399 15,992 12,795 13,655 14,839 14,384 16,456 13,828 9,448 16,997 12,195 16 81 58 37 44 11 55 113 8 89 Chariton Christian Clark Clay Clinton Cole Cooper Crawford Dade Dallas 122 396 81 2,582 231 896 185 240 88 129 129 438 88 2,722 248 962 197 255 94 141 133 476 92 2,834 262 1,038 203 270 97 151 3.3 8.5 4.0 4.1 5.6 7.9 2.6 5.8 3.2 7.1 12,942 13,020 10,581 17226 14,077 14,128 12,346 12,672 11,844 10,350 13,873 13,851 11,576 17,944 15,044 15,165 13253 13,388 12,600 11202 14,524 14,411 12,149 18,395 15,754 16,315 13,666 14,022 12,963 11,881 42 43 90 5 21 13 57 50 76 94 86 99 167 99 348 1,175 195 84 2,995 134 95 106 174 108 366 1,259 207 92 3,243 145 99 112 183 111 380 1,323 221 95 3,471 150 4.1 4.9 52 2.7 4.0 5.1 7.0 3.5 7.0 32 10,778 10,304 12,108 8,407 10,377 14,779 14,097 11,837 14,691 12,369 11,973 10,855 12,704 9,160 11,004 15,732 14,860 13220 15,747 13,667 12,576 11,145 13,385 9,361 11,498 16,371 15,739 13,926 16,630 14,275 85 104 67 114 98 12 22 52 9 47 104 249 67 75 120 330 107 10,579 1,197 2,430 114 263 73 78 126 361 114 11,242 1,267 2,586 119 276 77 86 130 388 121 11,799 1,336 2,738 5.1 5.0 5.4 10.0 32 7.6 6.1 4.9 5.5 5.9 11,846 12,439 9,382 12,060 12,305 10,701 10,022 16,745 13,371 14,590 13228 13,155 10,084 12,805 13,010 11,570 10,688 17,794 14,083 15,290 14,161 13,781 10,431 14,283 13,504 12,291 11,301 18,611 14,738 15,896 48 56 109 46 61 87 100 4 39 18 Knox Laclede Lafayette Lawrence Lewis . Lincoln Linn Livingston McDonald 467 53 325 469 357 120 384 177 199 164 500 60 349 489 378 126 414 189 215 180 521 60 365 505 393 131 442 196 222 194 4.4 1.0 4.6 32 3.7 4.3 6.7 3.5 32 82 11,264 11,506 12,112 15235 11,869 11,533 13,953 12,494 13,523 9,898 11,888 13,131 12,918 15,815 12,563 12212 14,627 13,511 14,711 10,731 12,211 13,472 13,402 16,188 12,961 12,866 15,166 14,131 15,235 11,428 88 63 66 15 77 79 28 49 27 99 Macon Madison Maries Marion Mercer Miller Mississippi Moniteau Monroe Montgomery 199 126 89 365 42 238 158 164 124 151 216 133 95 386 45 257 169 178 138 163 228 143 101 414 46 274 175 191 144 169 5.4 7.4 62 7.2 2.6 6.8 32 6.9 4.7 4.0 12,684 11,324 11,116 13,062 10,920 11,369 10,803 13,080 13,419 13,336 13,961 11,984 11,928 13,903 11,972 12,375 11,650 14,399 15,066 14,351 14,868 12,831 12,634 14,945 12,528 13,268 12,099 15,541 15,841 14,886 36 80 84 33 86 70 91 23 20 35 Morgan New Madrid Newton Nodawav Oreaon Osage Ozark Pemiscot Perry Pettis 175 224 511 253 83 163 91 230 215 493 187 230 542 276 89 176 98 245 237 529 199 248 577 295 95 1,91 103 264 254 562 6.4 7.4 6.5 6.6 6.9 8.4 5.1 8.1 7.3 6.3 11253 10,564 11,625 11,609 8,683 13,438 10,746 10,308 12,860 13,922 12,020 10,962 12269 12,739 9,349 14,638 11,507 11,091 14212 14,951 12,753 11,847 12,961 13,565 10,054 15,898 11,978 12,086 15,246 15,856 83 96 77 60 110 17 93 92 26 19 Phelps Pike Platte Polk Pulaski 439 193 989 249 397 467 208 1,065 272 436 491 223 1,119 289 451 5.1 7.4 5.1 6.4 3.5 12,576 11,997 17,972 11,733 9.343 13,330 12,989 18,819 12,616 10.432 13,902 13,994 19,172 13,195 10.947 53 51 2 72 106 Missouri Metropolitan portion Nonmetropolitan portion .. Daviess De Kalb Dent Douglas Dunklin Franklin Gasconade Gentry Greene Grundy Harrison Henry Hickory Holt Howard Howell Iron Jackson Jasper Jefferson See footnotes at end of table. 1989-90 1988 1989 1990 Area name Percent change2 Millions of dollars Rank in State Dollars 1989 1990 1990 58 118 294 317 60 63 120 320 328 67 65 126 330 336 74 2.9 5.0 3.3 2.3 9.8 11,054 13,839 11,880 14,501 8,967 12235 14,162 13,054 14,991 10,045 12,777 14,907 13,579 15,253 11,042 82 34 59 25 105 104 3,437 91 207 575 21,459 327 49 58 492 110 3,760 96 224 605 22,958 341 53 62 524 118 4,037 100 231 647 24,098 359 56 64 546 72 7.4 3.8 3.4 6.9 5.0 52 52 32 4.1 8,482 17293 10,791 13,047 12,085 21,696 13,757 11201 11,663 12,486 8,944 18201 11,411 14,028 12,537 23,181 14,445 12,388 12,772 13,334 9,566 18,753 11,825 14,384 13,165 24,219 15266 13225 13,349 13,854 112 3 97 44 73 1 24 71 68 54 56 92 352 222 73 326 214 251 279 190 62 98 367 240 82 352 227 267 304 204 66 105 378 255 83 384 241 278 319 222 6.4 6.3 3.1 62 1.6 92 62 4.0 4.9 8.7 7,416 13,000 12,170 12,055 11,178 13,100 10,012 13,073 14,942 9,562 8204 14,052 12,713 12,784 12,756 13,926 10,584 14,004 15,858 10,117 8,713 15,100 13,088 13,285 13,163 14,949 11201 14,602 16,190 10,825 115 29 75 69 74 32 102 41 14 107 101 249 29 156 6,415 107 265 31 168 6,862 i-«: 178 7,156 72 6.7 5.0 6.0 4.3 8,841 10,743 11,619 9,400 15,612 9,341 11294 12,591 10,088 17,059 9,907 11,851 13,481 10,596 18,113 111 ~95 62 108 6 10,359 2,815 7,544 11,611 3,076 8,535 12,233 3,276 8,957 5.4 6.5 4.9 12^43 14,520 15,304 14,648 16,057 17,147 12,404 14,036 14,726 Beaverhead .. Big Horn Blaine Broadwater ... Carbon Carter Cascade Chouteau Custer Daniels 101 111 68 35 98 21 1,152 74 161 34 117 130 83 41 111 25 1247 94 181 38 126 137 86 42 116 22 1,318 93 189 40 7.5 5.9 3.5 3.0 4.7 -10.5 5.7 -.7 42 7.4 12,060 9,651 10,051 10,679 12,066 13,386 14,738 13,340 13,432 14,466 13,951 11,356 12,292 12,400 13,654 16,214 16,010 17,018 15,305 16,331 14,967 12,146 12,708 12,774 14,335 14,856 16,965 17,081 16,178 17,918 27 52 49 47 37 30 8 7 17 3 Dawson Deer Lodge Fallon Fergus Flathead Gallatin Garfield Glacier Golden Valley Granite 125 107 43 146 782 602 23 122 12 33 135 117 50 170 866 688 29 142 15 38 138 125 52 177 917 743 28 143 15 40 2.1 6.3 32 3.6 6.0 8.0 -3.6 .7 3.7 5.5 12238 9,998 13201 11,879 13,476 12,263 14,020 10225 12,554 12,806 13,772 11,209 15,869 14,003 14,750 13,787 18229 11,782 16,037 14,797 14,653 12,199 16,886 14,642 15,439 14,651 17,740 11,736 16,861 15,696 33 51 10 35 24 34 4 55 11 20 Hill Jefferson Judith Basin Lake Lewis and Clark Liberty Lincoln McCone Madison Meagher 204 119 26 227 673 32 189 29 63 21 241 122 34 253 740 46 207 36 77 25 244 130 34 268 784 45 221 33 79 26 1.3 6.9 -.3 6.3 5.9 -1.9 7.0 -6.2 3.1 4.5 11,481 15214 10,980 10,996 14,437 13,867 10,798 12,332 10,743 11200 13,611 15,476 14,654 12,107 15,707 19,825 11,812 15,461 12,894 13274 13,832 16,373 14,857 12,712 16,460 19,596 12,633 14,765 13,189 14,273 42 16 29 48 15 1 50 32 45 38 Mineral Missoula Musselshell .. Petroleum Phillips Pondera Powder River Powell Prairie Ravalli 33 1,037 52 6 61 75 29 74 20 276 37 1,135 57 7 77 94 33 84 24 306 39 1,226 61 7 79 91 32 88 23 329 6.6 8.1 6.4 -3.1 2.7 -3.4 -4.8 4.6 -42 7.8 9,700 13,322 12,163 10,199 11,736 11,685 13291 11,099 13,141 11268 10,933 14,486 13,669 13,874 14,912 14,635 15,575 12,585 16,712 12,325 11,878 15,555 14,815 14,103 15,401 14,140 15,228 13,251 16,709 13,125 54 23 31 40 25 39 26 43 12 46 Richland Roosevelt Rosebud Sanders Sheridan Silver Bow ... Stillwater Sweet Grass Teton Toole 138 112 126 82 69 467 89 44 75 71 158 131 146 90 83 505 102 51 99 89 159 133 147 96 78 535 109 53 99 88 .4 1.6 .8 6.7 -5.6 5.9 72 4.3 .1 -1.4 12,030 10,053 11,879 9,396 13,802 13,545 13,951 13,825 11,804 13,495 14,354 11,874 13,799 10,402 17,086 14,799 15,784 16,174 15,638 17,399 14,955 12,130 13,973 11,136 16,577 15,798 16,630 16,944 15,790 17,502 28 53 41 56 14 18 13 9 19 5 Treasure Valley Wheatiand 14 110 29 15 128 33 17 128 35 6.8 -2 5.5 14,863 17,356 19,014 12,600 15,120 15,633 12,930 14,942 15,696 2 22 20 1990 15,630 16,687 17,479 17,493 18,646 19,488 12,002 12^60 13,542 Per capita personal income 3 Total personal income 1988 Putnam Rails Randolph Ray ...„ Reynolds . '...""". Ripley St Charles St Clair Ste Genevieve St Louis Saline Schuyler Scotland Scott Stoddard Stone Sullivan Taney Texas Vemon Warren Washington Wayne Webster Worth Wright St Louis City Montana Metropolitan portion Nonmetropolitan portion '"":. " 1989 1990 <>8? 1989-90 1988 SURVEY OF CURRENT BUSINESS April 1992 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income 3 Total personal income Area name Percent change2 Millions of dollars 1988 1989-90 1990 1989 14 1,663 161 18 1,829 184 17 1,958 193 23,967 12,128 11,839 25,799 13,204 12,596 Adams Antelope Arthur Banner Blaine Boone Box Butte Boyd Brown Buffalo 469 109 8 15 9 94 219 36 59 485 Burt Butler Cass Cedar Chase Cherry Cheyenne Wibaux Yellowstone Park (incl. Yhvstn. Nati. Park) Rank in State Dollars 1988 1989 1990 11,413 14,672 14,343 14,587 16,090 17,272 11,031 12,588 13,206 27,641 14218 13,423 7.1 7.7 6.6 15249 16,382 17,490 16,108 17,371 18,504 14,459 15,459 16,532 501 109 9 15 11 102 232 39 65 521 533 119 10 17 12 108 247 42 67 554 6.3 9.0 7.9 132 8.6 6.5 6.5 9.6 2.7 6.3 15,719 13,483 16224 17203 13,536 13,960 16,339 12,341 15,592 13,101 16,870 13,686 20,081 17212 16,355 15,152 17,529 13,527 17,508 13,988 17,997 14,984 21,991 19,922 17,969 16,252 18,877 14,972 18,312 14,750 24 83 6 14 25 59 19 84 22 87 129 132 316 134 77 97 168 126 132 163 134 140 337 144 85 105 186 133 140 174 3.2 6.0 6.4 7.5 Colfax Cuming 120 135 294 125 77 85 153 126 123 150 15,093 15,507 13,931 12,145 17,346 13223 15,958 17,396 13,183 14,525 16,365 15288 14,892 13,165 17,412 15289 17,600 17,525 14,288 15,972 17,009 16,295 15,756 14,291 19,439 16,765 19,605 18,713 15,303 17,253 43 57 68 91 17 47 16 20 77 37 Custer Dakota Dawes Dawson Deuel Dixon Dodge Douglas Dundy Rllmore 193 219 114 290 38 81 484 7,032 56 140 207 243 124 311 42 88 518 7,628 56 141 214 254 133 333 47 95 547 8,192 61 149 8.3 5.7 7.4 9.5 62 15,470 13,119 12,564 14,349 16,557 12,842 14,035 17,075 21,062 19,510 16,706 14,550 13,762 15,512 18,663 14,224 15,011 18,413 21,287 19,710 17,452 15,182 14,779 16,714 21,134 15,572 15,843 19,629 23,598 21,043 36 79 86 49 7 73 66 15 4 8 60 44 90 321 52 26 35 11 46 689 60 46 95 335 57 29 37 12 47 734 64 50 101 358 58 31 39 13 50 792 5.4 7.8 5.7 7.0 2.7 7.2 4.5 4.3 4.7 8.0 14,942 13,920 15,663 13,960 20,428 11,805 17,919 13,458 14,867 14,148 15261 14,683 16,924 14,633 22,731 13,277 19,120 15,799 15,581 15,028 16,202 16,083 18214 15,721 23,666 14,324 20,196 16,839 16,571 16,166 60 63 23 69 3 90 12 45 52 61 141 54 25 54 184 11 82 135 64 109 140 55 26 58 195 13 84 141 67 113 147 60 28 61 207 14 88 153 71 117 4.9 8.6 4.6 5.9 5.7 4.4 4.7 8.0 7.2 3.4 15,849 13,900 19,505 14,342 14,390 13,582 13,316 15,174 13,433 16,451 15,750 14,292 21253 15,340 15,407 16,325 13,754 16,032 14,138 16,990 16,537 15,676 22,720 16,299 16,427 17,173 14,509 17,485 15287 17,564 53 70 5 56 55 41 88 35 78 33 128 17 75 113 3,234 480 15 10 8 439 137 20 80 123 3,532 519 17 11 10 475 144 22 82 133 3,821 549 18 12 11 511 5.1 5.7 2.7 8.0 8.2 5.8 4.7 3.9 6.2 7.5 14,726 15,259 17,568 11,505 15,489 14,615 17,554 13,466 15,223 13,580 15,874 19,326 19,052 12,714 16,699 15,907 19,612 16,104 17,958 14,615 16,800 21,031 19,999 13,950 17,816 16,912 20,509 17,243 19,283 15,613 46 9 13 92 28 44 11 38 18 71 113 85 60 114 80 191 45 83 176 117 112 90 61 123 84 214 49 83 188 126 122 97 66 132 91 222 53 87 201 129 8.2 7.8 6.7 7.6 8.3 3.6 7.6 52 6.7 22 13,874 15,368 13,776 14,153 13,437 13,252 13,092 24,320 18,052 14,856 13,902 16,454 14287 15,382 14,311 14,984 14,575 24,443 19,354 16,020 15,152 17,909 15,357 16,593 15,787 15,583 15,956 25,932 20,701 16,454 80 27 76 50 67 72 65 2 10 54 422 90 171 132 30 180 1,406 248 515 211 455 92 180 144 33 188 1,538 264 555 224 487 100 194 147 35 204 1,664 276 603 239 6.9 8.7 7.4 22 6.4 8.3 8.2 4.7 8.6 6.9 14,391 15,619 14,440 13,025 14,467 14,174 14,164 13,568 14,133 13,739 15,381 16203 15,325 14,347 16247 14,812 15208 14,427 15,346 14,536 16,279 17,709 16,573 14,797 17,607 16,041 16,137 15,086 16,763 15,470 58 31 51 85 32 64 62 81 48 74 102 113 120 5.9 14,951 16,688 17,796 29 Nebraska Metropolitan portion Nonrnetropolitan portion Franklin Frontier Fumas Gage Garden Garfield Gosper Grant Greelev tyr .. :...:::": :::".::;:.. Hamilton Harlan Hayes Hitchcock Holt Hooker Howard Jefferson Kearney Keith Keya Paha Kimball Knox Lancaster Lincoln Logan Loup McPherson Madison Merrick Morrill Nance Nemaha Nuckolls Otoe Pawnee Perkins Phelps Pierce Platte Polk Red Willow Richardson Rock Saline Sarpy Saunders Scotts Bluff Seward Sheridan See footnotes at end of table. 11.0 8.3 10.9 5.9 6.1 6.9 3.4 4.5 7.1* 7.0 12.3 Area name 36 6 44 Percent change2 Millions of dollars 1988 1990 7.1 5.1 •4.7 Per capita personal income3 Total personal income 1989 1989-90 1990 Rank in State Dollars 1988 1989 1990 13,912 17,468 14,684 15,998 16,168 10,184 15,984 15,933 13,524 1990 Sherman Sioux Stanton Thayer Thomas Thurston Valley Washington Wayne 51 26 84 104 12 63 79 237 111 52 27 92 107 14 71 84 262 127 56 29 96 114 15 74 92 286 135 6.5 4.7 5.0 6.3 5.6 4.6 9.6 9.0 6.6 13,435 16,368 13,455 15,360 13,681 8,989 14,891 14,536 11,908 15,005 18,627 15,393 17,225 17,228 10,670 17,760 17,167 14,400 82 21 75 40 39 93 30 42 89 Webster Wheeler York 69 31 236 72 32 238 77 34 254 7.1 72 6.6 15,698 16,567 17,953 31,717 33,074 35,937 16,325 16,488 17,563 26 1 34 18,468 15,392 3,075 20,905 17,461 3,443 23,314 19,598 3,715 Churchill Clark Douglas Eko Esmeralda Eureka Humboldt Lander Lincoln Lyon 250 10,746 526 395 24 31 183 83 53 278 267 12,377 595 450 28 40 216 102 57 314 280 14,088 663 486 30 45 225 103 62 337 Mineral Nye Pershing Storey Washoe White Pine Carson City 91 224 65 34 4,647 118 720 97 256 70 38 5,085 142 773 101 274 79 41 5,511 153 837 21,045 13,526 7,519 22,459 14,367 8,092 958 704 1,176 536 1,289 6,985 2,226 4,905 1,636 629 1,013 760 Nevada Metropolitan portion Nonrnetropolitan portion 11.5 122 73 17,176 18,380 19,049 17,311 18,539 19,313 16,530 17,610 17,764 15290 16,386 21,036 13,931 18,791 22,743 15,845 15227 14,620 15,306 15,570 17,721 22,626 14,495 21,364 27,039 17,685 17,456 15,481 16,482 15,387 18,625 23,591 14,120 22,257 28,628 17,194 16,067 16,281 16,564 15 6 2 17 3 1 8 12 11 9 72 8.4 8.0 8.3 14,678 13,823 16,555 14,955 19,914 13,675 19,115 15,498 15,111 17,123 15,864 20,887 15,939 19,845 15,486 15,169 17,958 15,795 21,327 16,335 20,440 14 16 7 13 4 10 5 23,087 14,767 8,319 2.8 2.8 2.8 19,437 20,334 20,773 20262 21,058 21,470 18,110 19,164 19,640 565 1,403 7,369 2,384 5,253 1,746 684 1,015 781 1,318 580 1,446 7,603 2,478 5,369 1,794 701 2 2.7 2.9 2.5 3.0 32 4.0 22 2.8 2.5 19,807 20,720 17,029 15,311 17,478 21289 19,072 20,627 16,092 16,441 171240 171,240 182,551 182,551 192,464 192,464 5.4 5.4 22200 23,628 24,881 22200 23,628 24^81 Atlantic Bergen Burlington Camden Cape May Cumberland Essex Gloucester Hudson Hunterdon 4,766 23,844 7,960 8,948 1,900 2,037 16,910 3,745 9,120 2,856 5,099 25,359 8,578 9,533 2,023 2,196 18,070 4,039 9,712 3,049 5,411 26,563 9,106 10,032 2,148 2,324 19,029 4,276 10,197 3,276 6.1 4.8 62 52 62 5.8 5.3 5.9 5.0 7.5 21,718 28,530 20,356 17,889 20,338 14,802 21247 16,622 16280 27,327 22,935 30,547 21,799 18,993 21,429 15,923 22,988 17,705 17,456 28,646 24,035 32230 23,008 19,930 22,525 16,819 24,523 18,523 18,463 30,255 11 2 12 17 13 21 9 18 19 4 Mercer Middlesex Monmouth Morris Ocean Passaic Salem Somerset Sussex Union 7,364 14,859 13,519 11,871 8,052 9,006 1,035 7,029 2,863 11,767 8,019 15,799 14,319 12,629 8,597 9,519 1,110 7,540 3,045 12,410 8,492 16,761 15,178 13,281 9,131 9,949 1,165 8,009 3,204 12,943 5.9 6.1 6.0 5.2 62 4.5 4.9 62 52 4.3 22,769 22,406 24,698 28,113 19,189 19,753 15,826 30,130 22,187 23,533 24,679 23,639 25,992 29,933 20,106 20,945 16,979 31,765 23,392 24,987 26,026 24,896 27,391 31,520 20,974 21,973 17,835 33,180 24,405 26,248 7 8 5 3 16 14 20 1 10 6 15 New Hampshire Metropolitan portion Nonrnetropolitan portion Belknap Carroll Cheshire Coos Grafton Hillsborough Merrimack Rockingham Strafford Sullivan New Jersey Metropolitan portion . Warren 1282 5.1 13.8 11.4 8.1 9.0 13.9 4.3 .6 92 7.3 3.8 6.9 12.4 20,612 21,713 18,287 16,108 18,742 22,019 19,979 21,540 16,825 17,685 20,612 21,953 18,791 16,685 19288 22,581 20,600 21,770 17,182 18,167 1,790 1,907 1,988 42 19,754 20,904 21,656 18,919 10,617 8,302 20231 11,432 8,799 21,660 12,207 9,453 7.1 6.8 7.4 12,693 13,452 14,254 14,844 15,765 16,582 10,708 11299 12,066 Bemalillo Catron Chaves Cibola Colfax Curry De Baca Dona Ana Eddy Grant 7,478 31 703 191 166 549 26 1,311 575 315 7,960 32 765 200 172 568 27 1,431 638 325 8,451 34 822 195 182 597 29 1,546 689 345 62 3.5 7.4 -22 5.8 52 5.4 8.0 8.0 6.0 15,917 12,097 12247 8,199 12,516 12,936 10,954 9,825 11,534 11,484 Guadalupe Harding Hidalgo 37 12 69 39 12 76 42 13 78 7.3 3.3 2.7 New Mexico Metropolitan portion Nonrnetropolitan portion 16,731 12,665 13,266 8,947 13,162 13,426 11,991 10,640 12,990 11,809 4 2 7 10 6 1 5 3 9 8 17,518 13,116 14,180 8,890 14,134 14,157 12,879 11,379 14,216 12,434 2 11 6 32 8 7 16 22 5 19 8,620 9,326 10,156 12,172 12,448 13,061 11,435 12,684 13,087 28 13 12 April 1992 • SURVEY OF CURRENT BUSINESS 97 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name Millions of dollars 1988 Lea Lincoln Los Alamos Luna McKinley Otero Quay Rio Arriba Roosevelt Sandoval San Juan .... San Miguel Santa he Sierra Socorro Taos Torrance Union Valencia New York Metropolitan portion Norunetropolitan portion Albany Alleaanv Bronx Broome Cattaraugus Cayuga Chautauqua Chemung .... Chenango Clinton Percent change2 1989 1989-90 1990 699 149 428 168 513 33 605 707 163 469 179 546 36 605 744 172 506 191 587 38 652 52 52 7.8 6.5 7.6 5.9 7.7 132 275 176 695 910 210 1,400 108 132 197 141 290 188 744 979 224 1,571 117 146 220 141 312 199 833 1,086 244 1,704 124 154 242 2 7.8 5.7 97 68 458 104 66 489 348,174 326,835 21,339 375,504 352,393 23,111 8.7 8.5 6.0 5.4 9.9 11,890 12,958 11,857 9,457 17,093 12,473 10,400 10,441 14 31 20 15 21 30 3 18 26 25 108 69 532 3.9 4.6 8.9 10,044 10,362 10,384 15,503 15,677 16,928 10,488 10,660 11,226 27 4 23 398,366 373,840 24,526 6.1 6.1 6.1 19,403 20,881 22,129 19,989 21,510 22,802 13,396 14,437 15264 6,148 635 18,778 3,829 1,153 Columbia Cortiand Delaware Dutchess Erie Essex Franklin Fulton Genesee Greene 1,084 605 587 5,067 15,579 490 538 746 917 641 1,174 659 636 5,420 16,627 532 601 804 986 695 694 672 5,761 17,712 562 647 849 1,036 736 Hamilton Herkimer Jefferson Kings Lewis 74 838 1,460 83 890 1,628 88 944 1,701 33,722 36,314 38,683 Madison Monroe Montgomery Nassau 286 874 953 13,552 730 35,610 313 953 1,045 14,710 788 38,664 336 1,011 1,114 15,454 835 40,745 New York Niagara Oneida Onondaga 50218 3,245 3,627 7,926 54,100 57,783 3,674 Queens Rensselaer Richmond Rockland St. Lawrence Saratoga Schenectady Schoharie Schuyler Seneca Steuben . . Suffolk Sullivan Tioga Tompkins Ulster Warren Washington Wayne Westchester Wyoming Yates See footnotes at end of table. 1227 2,154 1,513 757 1,179 1239 4,130 9,099 1,757 6,116 649 1,809 939 2,262 12.0 10.9 13,032 9,061 5.9 6.7 7.0 5.0 7.8 7.3 6.0 5.7 4.3 8.0 18,444 11,020 13,602 16,031 11,810 13,038 13,356 13,917 13236 11,941 19,829 11,777 14,615 17,136 12,634 13,907 14249 15,051 14,089 12,744 21,003 12,590 15,579 18,058 13,698 14,899 15,197 15,885 14,604 13,692 10 61 37 21 55 45 43 35 48 56 5.5 5.3 5.7 6.3 6.5 5.7 7.7 5.6 5.1 5.8 17,326 12,402 12,442 19,678 15,947 13204 11,606 13,649 15,254 14,530 18,688 13,484 13,468 20,941 17,092 14,329 12,937 14,779 16,393 15,625 19,648 14,164 14232 22,173 18,305 15,128 13,900 15,685 17,241 16,409 14 52 51 8 19 44 54 36 24 30 6.4 6.1 4.5 6.5 7.6 62 6.6 5.1 6.0 5.4 14,118 12,672 13,926 14,699 10,892 14220 13,886 18,973 13,938 27,434 15,652 13,495 15,018 15,792 11,758 15,358 15,157 20,586 15,096 29,907 16,611 14,359 15,205 16,803 12,517 16,178 16,100 21,641 16,074 31,679 28 49 42 26 62 31 32 9 33 3 6.8 62 6.4 6.6 6.1 6.5 5.4 6.6 6.8 5.6 34,003 14,650 14,362 16,873 16,111 17,926 13,902 13,061 13,456 23,975 36,455 15,643 15,415 18,180 17,436 18,885 14,811 13,984 14,561 25,640 38,794 16,647 16,477 19,401 18,451 19,788 15,465 14,834 15,503 26,887 1 27 29 15 18 13 39 46 38 4 18,169 15,482 20,757 23,724 10,773 16,768 17,946 12,386 11,654 14,296 19,549 16,705 22,092 25,269 11,773 17,938 19,335 13,404 12,481 15254 20,705 17,774 23,447 26,757 12,704 18,857 20,679 14,273 12,797 16,010 11 22 7 5 60 16 12 50 59 34 13,992 22,976 17253 14,800 14,434 17,862 16,519 13,101 16,362 31,711 14,768 24,262 18,296 15,272 15,271 18,824 17,307 13,977 17,126 33,330 47 6 20 40 41 17 23 53 25 2 57 58 1,216 6,714 1,324 7,105 1,421 2,942 2,690 3,209 2,893 3,435 3,086 390 216 481 425 233 514 456 239 540 6.0 6.3 6.6 5.8 7.4 7.0 6.7 72 2.8 5.0 1,464 32,092 1,270 800 1,440 3,115 1,028 831 1,528 29,166 5.7 5.7 6.8 3.6 6.5 5.7 5.7 7.6 5.0 5.0 13,012 21,482 16,071 13,924 13,088 16,761 15,331 12295 15,188 29,051 5.5 6.6 11,791 12,656 13,288 11,599 12,373 13,081 35,395 2,392 7,796 6,300 38,149 2,582 8,347 1,286 1,386 28,322 30,358 1,099 723 1,216 2,755 892 719 1,346 25,420 1,190 773 1,352 2,948 972 773 1,456 27,764 497 261 536 281 40,428 2,745 8,900 566 299 Area name Percent change2 Millions of dollars 1989-90 Rank in State Dollars 1990 1988 1989 1990 93256 57,921 35,335 101254 62,958 38296 108,215 67,273 40,943 6.9 6.9 6.9 14,388 15,422 16,266 15,882 16,970 17,818 12,466 13,412 14,228 Alamance Alexander Alleahanv Anson Ashe Avery Beaufort Bertie Bladen Brunswick 1,654 356 108 283 244 158 513 229 315 552 1,788 387 116 303 260 174 551 250 338 591 1,879 414 124 322 277 186 584 274 348 644 5.1 7.1 6.9 6.5 6.3 72 6.0 9.6 2.7 8.9 15,620 13,146 11,303 11,862 10,937 10,703 12,044 11,160 10,908 11,390 16,678 14,151 12,139 12,805 11,710 11,723 12,987 12,239 11,764 11,842 17,306 14,995 12,950 13,753 12,468 12,517 13,826 13,473 12,139 12,527 14 34 68 56 81 79 54 59 88 78 Buncombe Burke 2,502 2,753 2,968 Caldwell Camden Carteret Caswell Catawba Chatham Cherokee 1,002 1,408 922 76 638 210 1,804 557 211 1,077 1,548 1,003 83 706 219 1,933 633 229 1,145 1,657 1,059 88 761 236 2,067 675 248 7.8 6.3 7.1 5.5 6.0 7.8 7.4 6.9 6.6 8.3 14,542 13,347 14,651 13,176 13,125 12,451 10,106 15,553 14,784 10,631 15,856 14,277 15,839 14,251 14,102 13,571 10,579 16,472 16,545 11,442 16,934 15,096 16,669 14,945 14,823 14,419 11,388 17,396 17,343 12271 17 31 19 35 38 44 94 12 13 84 Chowan Clay Cleveland Columbus Craven Cumberland Currituck Dare Davidson Davie 164 73 1,171 543 1,054 3,161 170 303 1,700 435 175 80 192 86 1,336 613 1,210 3,556 195 351 1,919 511 92 7.4 5.6 6.6 5.3 6.3 6.7 52 5.6 5.5 12,332 10,338 13,875 10,892 13,101 11,667 12,857 14,529 13,831 15,527 13,071 11,219 14,958 11,583 14,167 12,255 13,531 15,234 14,534 17,338 14,156 11,992 15,755 12,375 14,793 12,923 14,143 15,246 15,079 18,339 49 92 23 83 39 69 50 30 32 9 485 3,515 761 5,505 466 2,865 136 66 521 196 7.3 8.6 7.5 5.0 8.8 7.4 9.4 6.4 7.1 9.0 10,511 16,731 11,857 18,847 11212 14,501 12,504 8,393 12,178 10,765 11,280 18,038 12,539 19,867 11,930 15,333 13,469 8,670 12,822 11,614 12,143 19,238 13,441 20,645 12,730 16,319 14,627 9,223 13,527 12,741 87 7 60 3 75 21 43 100 58 73 1990 12,110 12,949 8,119 8,479 11,308 12230 10,666 8,760 16223 11,957 9,949 9,599 596 17,551 3,647 1,070 1,144 2,032 1,432 726 1,092 Orange Orleans Oswego Otsego Putnam 1990 10,649 12,101 9,877 8,249 14,867 11,153 9,094 8,657 5,804 1,524 5,353 572 1,576 810 1,985 1989 10 9 1 24 29 33 17 558 16256 3,421 1,005 1,070 1,914 1,321 678 1,017 3,461 3,881 8,538 1,655 5,741 616 1,698 880 2,141 1988 11,988 12,449 13,428 12,145 13,344 14,058 23,971 26,078 27,846 9,492 9,998 10,515 8,471 9,001 9,668 7,562 8,268 8,837 11,896 11,763 12,507 5,393 .... Dollars Per capita personal income 3 Total persona! income Rank in State North Carolina Metropolitan portion Nonmetropolitan portion Duplin Durham Edgecombe Forsyth Franklin Gaston Gates Graham Granville Greene Guilford Halifax Harnett Haywood Henderson Hertford Hoke Hyde Iredell Jackson Jones Lee Lenoir Lincoln McDowell Macon Madison ...: Martin Mecklenburg Mitchell Montgomery Moore Nash New Hanover Northamoton Onslow Oranoe p , "••• Pender Perquimans . .. Person Pitt Polk Randolph Richmond Robeson Rockinqham Rowan Rutherford Sampson Scotland Stanly :. 1265 576 1,149 3,346 183 334 1,818 484 1988 1989 1990 423 452 2,948 3236 668 4,926 395 2,501 115 60 455 168 708 5244 428 2,667 125 62 486 180 6,174 613 689 613 1,084 254 203 62 1,369 299 6,731 657 752 636 1,181 271 218 67 1,489 324 7,094 714 818 668 1,264 287 233 67 1,597 346 5.4 8.5 8.8 5.1 7.0 5.9 6.8 .1 72 7.0 18,156 11,133 10,424 13,043 16,046 11,155 19,553 11,880 11,205 13,542 17,233 11,992 20,349 12,836 12,007 14235 18,175 12,775 9,012 9,5% 10,157 11247 12,304 12,481 15,094 16,189 17,113 11235 12,103 12,870 4 71 91 47 10 72 98 80 16 70 1,029 104 586 739 672 394 283 175 313 9,076 1,124 111 635 804 722 419 309 190 335 9,957 1,213 113 692 855 774 445 332 207 358 10,785 7.9 2.0 8.9 6.4 72 62 7.6 9.0 6.8 8.3 12,984 11,056 14,385 12,835 13,857 11,058 12296 10,308 12,399 18,568 13,974 11,776 15,446 14,004 14,582 11,759 13,255 11,185 13,303 19,848 14,854 12,008 16,673 14,931 15,297 12,466 14,093 12,190 14267 20,942 37 90 18 36 28 82 51 85 45 1 156 266 951 1,089 1,732 238 1,473 1,544 133 363 166 288 1,057 1,195 1,917 258 1,579 1,733 145 394 176 303 1,130 1,271 2,067 287 1,537 1,875 154 416 6.0 5.4 7.0 6.4 7.8 10,881 11,425 16,684 14,549 14,767 11,279 10245 17,108 11,763 11,865 11,534 12,337 18,164 15,737 16,114 12,331 10,726 18,770 12,803 12,724 12,188 12,990 19,053 16,507 17,119 13,821 10,190 19,857 13,565 13245 86 66 8 20 15 55 97 6 57 63 322 117 354 1,399 235 1,389 496 1,005 1,166 1,495 359 125 385 1,572 272 1,500 540 1,059 1,631 389 132 424 1,720 291 1,576 577 1,143 1,296 1,741 9.5 6.8 5.1 7.0 7.9 5.1 6.8 11,776 11,369 11,851 13,430 16,669 13,453 11,088 9,640 13,648 13,793 12,724 12,071 12,806 14,785 19,053 14,270 12,100 10,109 14,380 14,875 13,368 12,610 14,025 15,852 20,106 14,721 12,974 10,849 15,038 15,691 61 76 52 22 5 41 67 96 33 24 766 612 415 724 810 662 446 764 5.8 82 7.5 5.5 12,337 11,466 11,730 13,373 13,505 12,918 12,352 14,073 14,198 14,004 13,179 14,729 48 53 64 40 695 545 391 683 1234 11.1 -2.7 82 6.4 5.6 8.4 5.5 10.1 SURVEY OF CURRENT BUSINESS April 1992 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income 3 Total personal income Area name Percent change2 Millions of dollars 1988 Rank in State Dollars 1989-90 1988 1989 1990 Stokes Surry Swain Transylvania Tyrrell Union 478 830 97 340 39 1,323 496 906 105 369 40 1,418 532 955 112 394 43 1,532 7.4 5.4 6.5 6.9 7.1 8.0 13,106 13,526 8,643 13,419 10,041 16267 13,438 14,726 9,345 14,505 10,441 17,085 14,257 15,460 9,930 15,435 11,248 18,089 46 26 99 27 95 11 Vance Wake Warren Washington Watauga Wayne Wilkes Wilson Yadkin Yancey 444 7,368 175 159 390 482 8,124 190 166 424 1,315 826 970 440 183 510 8,823 205 176 472 1,401 874 1,037 467 186 5.9 8.6 7.9 6.5 11.5 6.6 5.8 6.9 6.0 1.7 11,537 18,427 10239 11,358 10,786 11,758 12,958 13,981 13,594 11,153 12,440 19,659 11,034 11,825 11,567 12,653 13,931 14,763 14,543 11,903 13,086 20,658 11,838 12,599 12,734 13,350 14,699 15,659 15,261 12,068 65 2 93 77 74 62 42 25 29 89 8,185 3,486 4,699 9,124 3,741 9,775 3,980 5,795 7.1 6.4 7.6 39 149 64 13 99 54 40 878 1,454 74 45 174 78 15 126 55 46 954 1,545 102 52 190 85 19 134 60 48 1,009 1,677 116 15.5 9.1 9.1 22.8 6.3 9.1 5.3 5.8 8.5 13.7 11,723 11,547 8,502 11212 11,819 14,171 12,236 14,518 14,273 11238 13,919 13,683 10,624 13,752 15,445 14,789 14,743 15,806 15,065 16225 16,605 15,186 11,873 17,240 16,803 16,707 16,259 16,789 16,275 19,375 16 29 51 8 10 13 20 11 19 1 Dickey Divide Dunn Eddy Emmons Foster Golden Valley Grand Forks Grant Griggs 67 38 39 35 53 48 30 869 33 40 83 41 44 42 64 56 34 933 40 50 95 48 51 47 65 62 40 970 44 49 14.4 17.0 16.7 11.0 .8 9.4 18.4 4.0 7.9 -1.9 10271 12,436 9,130 11,485 10295 11,640 13,654 12264 8,759 11,582 13,253 13,904 10,666 14,151 12,950 13,873 15,723 13,172 11,087 14,859 15,682 16,809 12,945 16,033 13,490 15,551 19,208 13,732 12,401 14,909 25 9 48 23 44 26 2 42 49 34 Hettinger Kidder La Moure Logan McHenry Mclntosh McKenzie McLean Mercer Morton 39 29 54 31 63 48 78 121 145 284 48 37 69 35 78 54 92 139 152 309 55 40 80 38 84 61 95 150 162 324 142 8.8 15.8 7.9 8.3 13.6 2.9 8.1 6.5 4.8 10,679 8,267 9,550 10225 9,163 11,392 11,393 11,007 14,039 11,644 13,567 10,799 12,590 12,041 11,621 13,113 14,013 13,013 15,126 12,887 16,118 12,018 15,042 13,356 12,978 15,372 15,063 14,496 16,593 13,729 22 50 31 46 47 28 30 37 17 43 Mountrail Nelson Oliver Pembina Pierce Ramsey Ransom Renville Richland Rolette 79 54 27 130 58 168 68 35 222 112 90 68 29 164 66 194 76 45 239 128 96 71 32 176 73 211 85 46 255 139 7.0 3.9 10.3 72 10.7 8.4 12.3 1.0 6.6 8.9 10,622 11,614 11,102 13,641 10,866 13,123 11,014 10,672 11,838 8,503 12,470 15,050 11,916 17,454 12,658 15266 12,616 13,995 12,981 9,847 13,768 16,120 13,399 19,095 14,475 16,628 14,513 14,559 14,090 10,942 41 21 45 3 38 14 36 35 40 52 Sargent Sheridan Sioux Slope Stark Steele Stutsman Towner Traill Walsh 61 25 28 9 290 33 284 44 116 198 79 31 32 11 306 39 329 58 128 236 86 36 35 13 322 39 351 67 135 247 8.5 13.8 9.7 19.1 5.4 .4 6.7 15.0 5.9 4.9 12,821 11,003 7,585 9,654 12248 12,894 12,443 11,642 12,717 13,732 16,978 14202 8,618 11,983 13,175 15,827 14,613 15,683 14,301 16,694 19,001 16,727 9,410 14,919 14,186 16,427 15,823 18,433 15,528 17,961 4 12 53 33 39 18 24 5 27 6 Ward Wells Williams 752 71 310 814 88 333 862 102 347 5.9 15.1 4.3 12,669 13,900 14,937 11,463 14,759 17,484 13,607 15239 16,606 32 7 15 168,797 139,311 29,487 180,266 148,958 31,308 190,758 157,622 33,137 5.8 5.8 5.8 15,629 16,646 17,568 16,340 17,420 18,378 12,964 13,743 14,522 221 1,642 635 604 638 909 412 4,303 307 238 1,725 675 1,278 650 684 956 438 4,621 329 256 1,817 713 1,338 691 723 1,003 456 4,902 346 7.8 5.3 5.6 4.7 6.4 5.6 5.0 4.1 6.1 52 8,865 14,970 13,467 12213 10231 14,487 12,413 11,987 15,137 11,608 10,063 16,542 14,980 13,409 11,586 16,170 14,166 13,011 16,750 13,033 88 27 48 65 82 36 58 70 24 69 454 489 517 5.8 12,885 13,705 14,312 57 .. North Dakota Metropolitan portion Nonrnetropolitan portion Adams Barnes Benson Billings Bottineau Bowman Burke Burleigh Cass Cavalier Ohio Metropolitan portion Noranetropolitan portion Adams Allen Ashland Ashtabula Athens Auglaize Belmont Brown Butler Carroll Champaign See footnotes at end of table. 1210 766 912 408 171 1227 1989 1990 Percent change2 Millions of dollars Area name Rank in State Dollars 1990 1988 1989 1990 1989 1990 Clark Clermont Clinton Columbiana Coshocton Crawford Cuvahoqa Darke Defiance 2209 2,110 488 1227 440 607 26,371 768 542 2,343 2,284 527 1297 463 638 28217 826 576 2,462 2,450 572 1,363 486 666 29,749 865 607 5.1 72 8.5 5.1 5.0 4.4 5.4 4.6 5.3 14,988 14,489 13,955 11236 12,406 12,588 18,503 14,311 13,827 15,884 15,407 14,951 11,932 13,077 13,283 19,899 15,404 14,664 16,676 16,231 16,108 12,597 13,726 13,915 21,086 16,119 15,408 26 34 40 76 62 59 1 39 44 Delaware Erie Fairfield Fayette Franklin Fulton Gallia Geauga Greene Guernsey 1,083 1,180 1,468 333 15,954 587 347 1,467 2,160 463 1,188 1257 1,594 354 17248 622 375 1,584 2,349 478 1,279 1,316 1,697 378 18,376 647 398 1,688 2,490 501 7.7 4.7 6.5 6.7 6.5 4.1 6.1 6.6 6.0 4.8 16,959 15,362 14,527 12,083 16,992 15251 11,363 18,578 16,054 11,742 18,102 16,368 15,560 12,878 18,117 16,147 12,177 19,741 17,291 12,190 18,979 17,140 16,342 13,759 19,040 16,797 12,832 20,717 18,161 12,841 7 18 31 60 6 23 73 2 13 72 Hamilton Hancock Hardin Harrison Henry Highland Hocking Holmes Huron ... Jackson 15,776 1,122 364 164 422 421 278 308 814 308 16,792 1,180 386 172 450 453 297 338 870 327 17,838 1,237 398 174 471 475 316 363 929 348 62 4.8 32 1.5 4.6 4.9 62 7.7 6.8 62 18236 17,133 11,617 9,987 14,577 11,983 11,039 9,630 14,640 10,185 19,392 18,007 12,371 10,561 15,500 12,760 11,707 10,400 15,536 10,826 20,580 18,860 12,808 10,851 16,170 13,255 12,334 11,016 16,479 11,492 3 9 74 87 36 66 78 86 28 84 Jefferson Knox Lake Lawrence LJckina Logan Lorain Lucas Madison Mahoning 1,031 613 3,679 637 1,845 550 3,921 7,528 496 3,837 1,098 656 3,979 680 1,988 594 4,152 7,929 538 4,084 1,167 710 4,249 732 2,110 651 4,341 8,242 581 4,297 62 8.3 6.8 7.6 6.1 9.7 4.6 3.9 7.9 52 12,466 12,954 17,176 10,300 14,526 13,225 14,455 16,308 13,659 14262 13,502 13,828 18,506 11,001 15,562 14,139 15,307 17,158 14,643 15,317 14,583 14,945 19,692 11,841 16,412 15,346 16,006 17,815 15,608 16256 56 51 4 80 30 46 42 14 43 33 Marion Medina Meigs Mercer Miami . Monroe Montgomery Morgan Morrow Muskinoum 788 2,039 236 573 1,403 186 9,449 165 319 1,073 829 2,182 253 619 1,505 192 10,022 174 335 1,155 870 2,319 266 668 1,585 204 10,577 184 367 1,228 4.9 62 5.0 8.0 5.3 6.1 5.5 62 9.5 6.4 12,151 16,986 10,168 14,615 15252 11,675 16,565 11,656 11,634 13,032 12,854 17,978 10,964 15,735 16236 12,249 17,506 12,240 12,141 14,046 13,550 18,892 11,562 16,925 16,975 13,192 18,410 12,978 13,188 14,963 63 8 83 21 20 67 12 71 68 49 Noble Ottawa Paulding Perry Pickaway Pike Portage Preble Putnam Richland 123 673 272 332 580 253 2,012 528 484 1,867 135 704 289 351 625 271 2,151 559 527 1,961 140 738 304 369 666 292 2,291 599 552 2,042 42 4.9 5.0 52 6.6 7.5 6.5 7.1 4.7 4.1 10,747 16,840 13253 10,585 12286 10,512 14288 13297 14,421 14,733 11,837 17,588 14,113 11,143 13,075 11,215 15,162 13,983 15,641 15,510 12,407 18,427 14,838 11,688 13,758 12,013 16,031 14,897 16,295 16,191 77 11 54 81 61 79 41 52 32 35 Ross Sandusky Scioto .. Seneca Shelby Stark Summit Trumbull Tuscarawas Union 835 963 894 782 668 5,522 8,416 3,294 1,129 513 879 1,005 947 839 726 5,849 9,043 3,506 1,184 566 936 1,054 1,017 887 790 6,212 9,579 3,674 1,258 619 6.5 4.8 7.4 5.8 8.9 62 5.9 4.8 62 9.4 12,149 15,509 11,043 13,038 15,005 14,987 16,404 14,300 13,396 16,351 12,717 16,205 11,749 14,010 16,214 15,894 17,585 15,313 14,067 17,836 13,476 16,999 12,674 14,860 17,557 16,898 18,583 16,144 14,958 19,294 64 19 75 53 15 22 10 38 50 5 VanWert Vinton Warren Washington Wayne Williams Wood Wyandot 427 110 1,675 818 1,497 557 1,768 310 440 116 1,805 857 1,578 593 1,903 326 462 123 1,974 911 1,674 619 1,989 341 5.0 5.7 9.4 6.3 6.1 4.3 4.5 4.6 14,054 9,919 15247 13,059 14,931 15,149 15,785 13,820 14,466 10,448 16,086 13,726 15,632 16,084 16,877 14,608 15,160 11,048 17228 14,645 16,464 16,727 17,522 15,353 47 85 17 55 29 25 16 45 42^90 27,487 15,503 45,684 29,389 16295 48,602 31,238 17,363 6.4 6.3 6.6 13,572 14,501 15,451 14,684 15,733 16,692 11,966 12,707 13,627 169 109 106 108 222 168 326 349 190 114 112 108 234 168 346 363 202 122 113 117 245 175 369 389 6.4 6.7 1.4 7.4 4.6 4.1 6.4 72 9,194 16,466 8208 17,126 11,260 13,973 10,142 11,512 1990 12,488 14,116 15,355 13,529 14,515 15,463 11,814 13,852 15281 9,431 15,717 14249 12,768 10,949 15,429 13271 12,625 16,019 12,407 Per capita personal income3 Total personal income Oklahoma Metropolitan portion Nonmetropolitan portion Adair Alfalfa Atoka Beaver Beckham Blaine Bryan Caddo 1989-90 1988 10,344 17,582 8,727 17,677 12,207 14,380 10,806 12,159 10,971 19,103 8,888 19,455 13,080 15,332 11,479 13210 67 8 77 5 48 20 63 45 April 1992 • SURVEY OF CURRENT BUSINESS 99 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name Percent change2 Millions of dollars 1988 1989 1990 1989-90 Dollars 1988 1989 1990 Canadian Carter 1,009 595 1,087 628 1,166 664 7.3 5.8 13,892 14,778 15,600 13,552 14,504 15,508 Cherokee Choctaw Cimarron Cleveland Coal Cornanche Cotton Craig Creek Custer . 333 152 74 2,231 55 1,361 88 180 783 349 365 160 74 2,381 59 1,413 91 192 836 365 390 166 81 2,530 59 1,474 97 202 885 388 6.8 3.7 9.3 6.3 .7 4.3 7.5 5.0 5.9 6.5 9,773 21,956 13,206 9,365 12,067 13,042 12,607 12,468 12,616 262 83 69 865 347 491 110 75 50 68 283 87 73 899 363 516 114 80 51 74 304 91 76 941 383 538 123 85 58 79 7.3 4.3 3.6 4.7 5.5 4.3 7.4 7.5 Kay Kinafisher KSa Latimer Le Flore 114 130 371 87 92 794 207 155 96 445 125 138 356 89 98 785 209 160 105 487 131 148 385 91 104 837 212 176 112 527 Lincoln Looan Love McClain McCurtain Mclntosh Major Marshall Mayes Murray 314 352 93 288 334 162 112 125 368 127 335 369 99 306 357 174 119 133 396 133 Muskogee Noble Nowata Okfuskee Oklahoma Okmulgee Osage Ottawa Pawnee Payne 814 144 113 106 9,444 402 445 329 193 723 9,891 10,788 10,366 22,385 13,865 10,184 12,626 13,548 13,573 13,553 13,414 11,416 10,838 24,606 14,443 10,274 13,228 14,680 14,340 14,577 14,480 64 70 1 31 75 44 27 33 29 30 6.2 9,524 14,432 14,196 14,641 12,681 11,556 18,496 11,115 12,636 15,958 10,180 15,533 15,738 15,580 13,503 12299 19,680 12,022 13,053 18,030 10,777 16,467 16,986 16,667 14,438 12,914 21,676 13,057 15,311 19,579 71 14 12 13 32 51 2 49 21 4 4.3 7.4 7.9 3.0 6.3 6.7 1.5 9.8 7.5 82 10,338 9,799 12,605 11,873 9,063 16,230 15,000 13,266 9,345 10,417 11,420 10,507 12,287 12,437 16,236 15,526 13,959 10,169 11,328 11,950 11,370 13,396 13,124 10,366 17,447 16,130 15,528 10,864 12,141 60 65 42 47 74 11 15 18 69 57 354 388 107 321 374 184 125 140 424 138 5.7 5.1 8.6 4.7 4.8 5.7 5.3 6.0 7.0 3.7 10,759 11,978 11,524 12,516 9,874 11,486 12,680 12,234 13,410 10,625 10,361 14,631 12,232 11,885 10,977 12,104 13,400 13,138 14,083 11,180 10,962 15,616 12,973 12,700 11,498 58 41 46 35 66 68 16 50 53 62 865 153 121 114 10,094 410 464 352 206 802 923 162 126 123 10,636 436 485 373 217 856 6.6 5.8 4.7 7.8 5.4 6.4 4.5 5.9 5.3 6.8 11,880 12,700 13,551 12,770 13,799 14,713 10,955 11,938 12,701 9,172 9,838 10,607 15,625 16,801 17,741 10,772 11,148 11,981 10,626 11,125 11,637 10,496 11,412 12,236 12,126 13,158 13,983 11,624 12,997 13,929 40 26 52 73 10 59 61 55 36 37 443 408 721 96 61 708 289 329 537 291 468 431 764 103 62 763 292 346 555 295 500 454 798 107 62 821 307 364 587 315 6.8 5.4 4.4 4.4 -.5 7.6 5.1 5.3 5.8 6.9 10,765 11,954 12,111 8,554 13,702 12,984 10,970 9,852 12,477 17,085 11,486 12,646 12,959 9287 14,646 13,928 11,340 10,286 13,037 17,682 12,334 13,303 13,597 9,774 15,085 14,846 12,145 10,730 13,901 19,257 54 43 39 76 22 24 56 72 38 7 129 605 817 144 153 250 131 9,012 655 858 153 157 258 8.9 7.5 9.3 12,102 16,627 12,725 17,104 11,706 16,140 12,550 12,509 17,954 13,746 17,919 13,020 17,013 13,317 14,322 19,295 14,665 19,963 14,734 18,690 14,942 34 6 28 3 25 9 23 41,130 29,387 11,743 45,370 32,560 12,810 49,159 35,363 13,796 8.4 8.6 7.7 15,002 16258 17,182 15,717 17,064 18,030 13,467 14,515 15,333 Baker Benton Clackamas Clatsop Columbia Coos Crook Curry Deschutes Douglas 181 998 4,617 488 494 778 183 247 993 1,230 210 1,098 5,104 545 538 839 203 277 1,137 1,313 225 1,173 5,610 568 585 901 220 296 7.1 6.8 9.9 4.3 8.8 7.4 8.8 6.8 1,405 6.9 11,898 14,576 17,423 15,031 13,609 13,137 13,494 13,670 13,866 13,366 13,795 15,786 18,760 16,585 14,572 14,066 14,650 14,778 15,520 14,087 14,670 16,460 19,942 16,982 15,493 14,894 15,514 15,132 16,817 14,762 30 13 4 9 22 27 21 24 10 28 Gilliam 33 111 101 235 1.959 34 115 106 255 2.132 36 126 115 279 6.6 9.1 8.8 9.6 7.8 18,663 14286 14,430 14,303 13.952 19,756 21,231 14,815 15,998 15,055 16,257 15291 16,421 14,871 15,582 2 17 15 14 20 Delaware Dewev Ellis Garfield Garvin Grady Grant Greer Harmon Harper . . Haskell Hughes Jackson Jefferson Pontotoc Pottawatomie Roger Mills Rogers Seminole Seauovah Stephens Texas Tillman Tulsa Wagoner Washington Washita Woods Woodward Oreoon Metropolitan portion Nonmetropolitan portion Harney Hood River Jackson See footnotes at end of table. 8,345 148 9,725 704 961 167 169 282 1271 2298 14.3 13.0 7.9 7.4 12.1 11.7 9,591 13,490 11,467 10,996 10,317 9,713 Area name Percent change2 Millions of dollars 1988 1989-90 Rank in State Dollars 1988 1989 1990 167 753 723 110 3,787 179 829 780 114 4,185 192 890 828 119 4,470 7.6 7.5 62 4.9 6.8 12,779 12,332 12,732 15,509 13,850 13,384 13,406 13,650 15,978 15,055 13,953 14,140 14,298 16,521 15,701 36 35 33 11 19 Lincoln Linn Malheur Marion Morrow Multnomah Polk Sherman Tillamook Umatilla 523 1,126 319 3,066 121 9,416 622 48 274 769 575 1,218 354 3,377 127 10,441 683 45 296 826 623 1,298 378 3,687 144 11,271 735 47 325 896 8.4 6.6 6.8 92 13.3 7.9 7.6 4.5 9.7 8.5 14,047 12,701 12,184 13,962 15,738 16,494 13,064 24,427 13,109 13,175 15,098 13,550 13,609 15,076 16,666 18,111 14,066 23,425 13,952 14,067 15,894 14,149 14,524 16,022 18,868 19,215 14,737 24,655 14,967 15,069 18 34 32 16 7 6 29 1 26 25 Union Wallowa Wasco Washington Wheeler Yamhill 304 100 309 5,079 24 841 328 110 334 5,700 26 936 347 121 359 6,281 29 1,012 5.8 9.7 7.5 102 8.9 8.1 13,101 14,528 14,400 17,459 16,455 13,592 14,016 16,002 15,506 18,891 18,626 14,685 14,634 17,461 16,501 19,932 20,531 15295 31 8 12 5 3 23 194,555 170,472 24,083 208,938 183,100 25,837 222,141 194,709 27,433 6.3 6.3 6.2 16,422 17,608 18,679 16^80 18200 19,301 13,322 14,308 15,197 1,322 6.7 7.0 6.8 6.8 72 4.7 6.5 5.8 6.4 7.4 16,057 19,187 15,574 14,075 12,096 18,965 13,852 13217 14,366 20,053 21,496 14,918 16,135 16,808 20,681 16,738 15,162 12,924 19,655 14,779 15246 22,548 17,251 22 5 23 40 65 7 44 37 4 17 6.9 5.4 6.3 7.3 7.5 5.8 5.4 5.0 5.7 6.8 12,424 13200 13,528 13,355 22,149 12,795 11,878 12,812 12,489 13,383 13,962 14,430 14,573 23,595 13,168 13,596 12,461 13,662 13,455 14,473 14,900 15,177 15,476 24,732 13,989 14,415 13,115 14,406 14,417 48 42 38 35 2 57 50 62 52 49 16,985 16,115 20,529 14,706 14,134 12204 11,654 14,194 12,532 10,967 18,286 17,289 22,291 15,832 15,246 12,973 12,164 15,422 13,591 11,739 19,254 18,348 23,658 16,872 16,331 14,051 13,115 16,281 14,393 12,645 9 12 3 21 28 56 62 29 53 66 1990 17 19 Per capita personal income 3 Total personal income Rank in State Jefferson Josephine Klamath Lake Lane Pennsylvania Metropolitan portion Adams Allegheny Armstrong Beaver Bedford Berks Blair Bradford Bucks Butler . . .. 1,157 1989 1240 1990 15255 17,787 14,497 13,113 11,346 17,689 12,823 1990 24,088 25,786 27,601 1,078 2,480 541 5,849 1,682 811 10,595 2252 1,150 2,637 579 6,334 1,812 878 11,515 2,445 1,228 2,817 620 6,634 1,929 929 12,251 2,626 2,069 2202 2,354 80 755 1,626 7,977 513 1,011 444 807 1,084 83 814 1,791 8,717 551 1,067 464 862 1,163 88 865 1,921 9,373 583 1,125 487 911 1,242 Cumberland Dauphin Delaware Elk Erie Fayette Forest Franklin Fulton Greene 3267 3,804 11296 523 3,913 1,810 56 1,698 171 439 3,547 4,098 12231 557 4,210 1,902 59 1,858 187 467 3,769 4,370 12,954 63 1,976 200 500 6.3 6.6 5.9 5.4 6.9 7.1 7.3 6.3 6.8 7.1 Huntingdon Indiana Jefferson Juniata Lackawanna Lancaster Lawrence Lebanon Lehigh Luzeme 473 1,109 609 272 3,290 6,872 1,272 1,638 5,057 4,755 509 1,167 649 293 3,510 7,553 1,347 1,770 5,464 5,098 538 1,245 682 302 3,715 8,023 1,419 1,881 5,776 5,383 5.6 6.7 5.0 3.3 5.8 62 5.4 6.3 5.7 5.6 10,804 12259 13,060 13,369 14,941 16,786 13,001 14,566 17,645 14,431 11,569 12,939 14,012 14,266 15,991 18,111 13,893 15,636 18,895 15,510 12,158 13,841 14,809 14,626 16,963 18,878 14,774 16,500 19,785 16,405 67 60 43 46 19 11 45 26 6 27 Lvcominq fcicKean Mercer Mifflin Monroe Montgomery Montour Northampton 1,667 601 1,612 554 1,443 16,972 280 3,994 1,250 532 1,782 639 1,719 594 1,585 18,237 303 4,289 1,340 571 1,876 678 1,835 624 1,701 19,342 322 4t549 1,409 618 5.3 62 6.7 52 7.3 6.1 6.3 6.1 52 82 14,124 12,585 13,198 11,999 16,110 25,318 16,006 16,551 12,816 13,313 15,048 13,472 14,151 12,856 17,032 27,028 17,167 17,534 13,800 14,059 15,778 14,408 15,177 13,509 17,592 28,462 18,116 18,336 14,570 14,941 33 51 38 61 16 1 14 13 47 41 23,679 25,009 26,494 447 203 2,155 560 972 77 505 466 487 502 216 2289 612 1,039 82 533 502 527 543 232 2,417 648 1,116 88 566 535 555 5.9 82 72 5.6 5.8 7.4 7.4 62 6.5 52 14,809 17,513 11,954 13,978 15,550 12,345 12,585 12,658 11,343 13,634 15,718 18,641 12,844 14,937 16,824 13,241 13,360 13,281 12,221 14,654 16,721 19,145 13,897 15,853 17,610 14,270 14,335 13,987 12,993 15,297 24 10 59 32 15 55 54 58 64 36 848 652 903 713 3,170 3,397 6.8 6.7 72 14,075 15,116 16,267 14,309 15,762 16,918 14,452 15,410 16,625 30 20 25 Cambria Cameron Carbon Centre Chester Clarion Clearfield Clinton Columbia Crawford Perry Philadelphia Pike Potter Schuylkill Snyder Somerset Sullivan Susquehanna Tioga Union Venango Warren Washington 2,995 587 4,499 2,037 965 761 12213 SURVEY OF CURRENT BUSINESS 1OO • April 1992 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Percent change2 Millions of dollars Area name 1988 1989 1990 Rank in State Dollars 1989-90 1988 1989 1990 15,446 15,871 14,792 18,683 16,246 17,069 15,503 19,502 611 5,899 413 6,295 652 6,316 436 6,643 6.7 7.1 5.5 5.5 14,357 14,916 13,918 17,577 16,873 15255 1,618 18,101 16,386 1,715 18,901 17,129 1,772 4.4 4.5 3.3 16332 18,089 18,809 16,777 17,939 18,665 18,545 19,661 20320 945 2,908 1,618 9,503 1,899 1,042 3,104 1,715 10,188 2,053 1,074 3,239 1,772 10,668 2,148 3.1 4.4 3.3 4.7 4.6 19,375 18,091 18,545 16,043 17,673 45,123 29,181 15^42 48,286 31,265 17,022 52^71 34,453 18,518 9.7 102 8.8 13,222 13,969 15,141 14,150 14342 16,244 11,806 12,476 13,444 248 1,683 107 1,810 158 244 1,341 1,416 139 4,024 263 1,948 117 1,936 168 267 1,476 1,462 152 3,963 279 2,172 127 2,068 177 286 1,579 1,673 T57 4,742 6.0 11.5 9.3 6.8 5.3 7.1 7.0 14.4 2.9 19.7 10,519 14244 9,262 12,675 9,202 12,040 15,870 11,397 10,992 13,946 11,099 16255 10,027 13,422 9,885 13,153 17231 11,523 11,986 13,552 11,673 17,898 10,843 14,205 10,514 14,073 18,207 12,917 12,281 16,015 37 3 42 17 43 18 1 27 30 7 Cherokee Chester Chesterfield Clarendon Colleton Darlington Dillon Dorchester Edgefield Fairfield 590 333 446 257 352 716 297 997 194 254 622 360 467 263 371 773 319 1,060 208 274 656 382 504 297 408 831 336 1,175 219 295 5.5 6.1 7.7 12.6 9.8 7.5 5.5 10.8 5.6 7.9 13,569 10,525 11,640 9,110 10,343 11,583 10,117 12,639 10,733 11,664 14,097 11266 12,143 9297 10,848 12,504 10,902 13,038 11,386 12,393 14,683 11,842 13,038 10,415 11,843 13,433 11,554 14,040 11,904 13,200 15 34 25 44 33 23 38 19 31 24 Florence Georgetown Greenville Greenwood Hampton Horrv 1,431 552 4,884 782 205 1,800 154 570 650 677 1,518 576 5,326 841 220 1,860 165 600 689 740 1,713 681 5,743 905 232 2,133 178 655 747 809 12.9 18.1 7.8 7.5 5.3 14.7 8.1 92 8.4 9.4 12,623 12,168 15,604 13,305 11,325 13,149 10,092 13,417 12,055 11,906 13,315 12,548 16,788 14,194 12,127 13,186 10,698 13,914 12,696 12,843 14,961 14,659 17,874 15,154 12,748 14,693 11,462 14,966 13,678 13,884 12 16 4 10 29 14 39 11 22 20 Oconee . Oranaebura pSens Richland 160 2,574 80 343 279 409 762 955 1,190 4200 166 2,823 87 369 303 434 836 1,026 1,305 4,566 184 3,046 98 399 329 458 906 1,106 1,406 4,915 10.4 7.9 12.9 82 8.7 5.4 8.4 7.8 7.7 7.6 8,622 15,602 9,316 10,174 9,375 12,519 13,721 11,336 13,062 15,060 8,995 16,951 9,910 10,901 10266 13,170 14,753 12,132 14,068 16,136 9,959 18,126 10,977 11,765 11,234 13,767 15,682 13,028 14,903 17,137 46 2 41 36 40 21 9 26 13 5 Saluda Spartanburg Sumter Union Williamsburg York 188 3,097 1,039 327 337 1,875 200 3,352 1,123 344 340 2,006 209 3,590 1,217 361 378 2,211 4.7 7.1 8.4 4.9 11.0 10.2 11,386 13,950 10,411 10,800 9,128 14,845 12,157 14,908 11,065 11,364 9222 15,508 12,813 15,776 11,803 11,901 10,255 16,713 28 8 35 32 45 6 South Dakota Metropolitan portion 9,012 3,003 6,009 10,097 3,288 6,809 11,061 3,592 7,469 9.6 9.2 9.7 Aurora Beadle Bennett Bon Horn m 6 Broo kings Brown ... Brute Buffalo Butte Campbell 33 244 33 88 280 505 60 11 89 28 40 278 44 99 321 558 72 15 99 30 45 296 52 108 343 604 83 15 106 34 10.8 6.5 18.6 9.5 7.1 8.3 14.9 4.5 7.8 10.8 10,320 13,268 10242 12,414 11,048 14,072 10,797 6,687 11,086 13,650 12,702 15,148 13,743 13,918 12,708 15,621 13,007 8,367 12,409 15242 14253 16205 16,351 15230 13,626 16,998 15,068 8,610 13,477 17,166 49 23 21 40 52 15 43 64 53 13 Charles Mix Clark Clay Codington Corson Custer Davison Day Deuel Dewey 102 59 148 281 39 82 238 90 50 45 117 71 161 316 41 90 265 110 59 49 127 79 173 347 48 99 287 122 63 55 9.3 11.4 7.4 9.6 17.2 9.1 82 10.7 7.4 13.9 10,966 13,128 11204 12433 8,810 12,980 13,528 12,416 10,683 8,191 12,685 15,830 12237 13,978 9,650 14,523 15,130 15,589 12,840 8,782 13973 17,901 13,136 15,257 11,634 16,003 16,396 17,614 14,070 10,019 51 9 58 39 60 28 19 11 50 63 38 43 43 1.2 9,752 11,305 11,606 61 Rhode Island Metropolitan portion Nonmetropolitan portion Bristol Kent Newport Providence Washinoton ; South Carolina Metropolitan portion Nonmetropolitan portion Abbeville Aiken Allendale Anderson Bamberg Barnwell Beaufort Berkeley Calhoun Charleston .. jaspV:::::: :::::::::::: Kershaw Lancaster Laurens Lee Lexington McCormick Marion Marlboro .. Newberry Douglas See footnotes at end of table. 21,339 19279 19,661 17,131 18,847 21,965 20,086 20,320 17,866 19,449 Area name 31 18 34 8 1 3 2 5 4 12,906 14,492 15390 14,918 16,161 17,451 12,091 13,804 15234 Percent change2 Millions of dollars Rank in State Dollars 1989 1990 Edmunds Fall River Faulk Grant Gregory Haakon Hamlin Hand Hanson 55 97 38 101 59 40 55 60 31 65 104 41 121 71 43 61 70 35 70 111 46 129 80 48 66 84 37 6.8 6.6 11.3 6.1 12.6 12.4 9.4 19.9 6.7 12204 12,937 13,354 11,861 10,667 14,955 10,878 13,506 10221 14,747 13,992 14,751 14,401 13,054 16,137 12,099 16,115 11,479 16,119 15,103 16,814 15,384 14,914 18,383 13,360 19,667 12,411 25 42 17 37 45 8 54 5 59 Harding Hughes 22 210 105 22 23 28 21 80 138 251 21 232 123 25 26 34 23 92 154 281 27 249 135 32 29 39 26 101 168 308 242 7.1 9.6 252 10.1 16.6 15.3 9.4 9.5 9.7 12,656 14205 12,420 12,438 7,775 11,189 15224 13,160 12,882 12,315 12,769 15,687 14,739 14,495 9207 13,596 16,878 15,368 14,480 13,671 16,016 16,755 16,372 18,768 10,381 16,178 19,923 17,023 15,974 14,866 27 18 20 6 62 24 4 14 29 47 Lincoln Lyman McCook McPherson Marshall Meade Mellette Miner Minnehaha Moodv 190 42 74 38 56 271 20 42 1,908 77 219 49 84 45 69 303 23 50 2,100 90 230 57 90 52 77 332 28 52 2,299 100 4.9 16.0 82 15.3 10.5 9.4 23.9 5.7 9.4 10.5 12,532 11,518 12,615 11214 11,388 12,367 9222 12,541 15,587 11,695 14,296 13,518 14,542 13,812 14208 13,852 10,588 14,976 17,052 13,850 14,833 15,789 15,951 16,241 15,893 15,153 13,277 16,071 18,526 15,371 48 34 30 22 31 41 56 26 7 38 Perkins Potter Roberts Sanborn Shannon Spink Stanley Sully Todd 1,095 60 49 104 34 55 122 34 36 49 1,188 71 52 121 39 63 142 37 40 57 1,293 80 57 130 42 71 168 41 48 64 8.9 12.0 8.8 8.0 6.7 12.5 18.0 12.3 20.1 12.4 13,880 14,635 14,800 10,161 11,473 5236 14,692 13,440 21222 6,173 14,794 17,860 16,116 12,019 13,688 6227 17,579 14,880 24,340 6,976 15,820 20,460 17,875 13,179 14,907 7,263 21,160 16,852 30246 7,606 33 3 10 57 46 66 2 16 1 65 Tripo Turner Union Walworth Yankton Ziebach 85 109 140 81 242 21 92 123 161 89 268 22 108 135 179 96 288 29 17.7 9.5 11.5 7.8 7.7 32.9 12,044 12,539 13,633 12,818 12,593 9,063 13,163 14,297 15,710 14,428 13,942 9,813 15,660 15,758 17,606 15,830 14,967 13,285 36 35 12 32 44 55 68,092 49336 18255 72,859 53,398 19,462 77,550 56,878 20,672 6.4 6.5 62 14,118 15,009 15,868 15331 16284 17,191 11,610 12,354 13,095 Anderson Bedford Benton Bledsoe Blount Bradley Campbell Cannon Carroll Carter 984 401 167 90 1,158 963 343 128 311 521 1,047 426 180 95 1230 1,030 356 135 334 545 1,121 439 193 100 1,319 1,084 383 142 353 587 7.1 3.0 6.8 5.4 7.3 52 7.4 5.7 5.6 7.7 14,520 13,378 11,397 9,426 13,681 13271 9,724 12267 11230 10,130 15,385 14,100 12,376 9,884 14,401 14,070 10,136 12,867 12,105 10,590 16,402 14,412 13,285 10,367 15,304 14,665 10,912 13,587 12,827 11,390 9 24 41 87 15 20 81 34 51 75 Cheatham Chester Claibome Clay Cocke Coffee Crockett Cumberland Davidson Decatur 337 138 287 73 271 562 149 374 8,880 106 356 137 312 81 287 595 166 404 9,496 114 381 148 334 87 315 627 177 434 9,986 120 6.9 7.8 7.1 7.6 9.6 5.3 6.5 7.3 52 5.0 12,982 10,759 11,004 9,942 9,331 14,034 10,937 11,166 17,615 10,042 13,383 10,700 11,932 11,118 9,865 14,798 12,327 11,825 18,694 10,826 13,938 11,530 12,766 12,031 10,794 15,518 13,280 12,420 19,505 11,441 28 73 53 61 82 12 42 55 2 74 175 467 446 303 126 368 601 314 159 637 173 491 494 325 133 392 628 330 169 684 187 527 518 341 141 411 651 350 180 727 8.3 7.4 4.9 5.0 6.1 4.8 3.6 6.1 6.3 6.4 12253 13,785 12,842 11,933 8,539 10,760 12,804 12,310 9286 11,392 12,063 14,220 14,197 12,761 9,024 11,355 13,491 12,879 9,889 12,234 13,018 14,961 14,854 13,344 9,617 11,797 14,075 13,582 10,504 13,017 46 17 18 38 93 66 25 35 85 47 130 605 4,654 51 243 238 468 229 243 327 140 651 4,904 55 257 249 493 234 257 350 147 695 5,216 61 274 263 538 251 269 372 4.9 6.7 6.4 11.1 6.4 5.7 9.0 7.1 4.7 6.0 9,605 11,875 16,414 7,557 10,378 10,575 10,517 11,706 11,135 11,645 10,441 12,847 17,225 8,079 11,008 11,009 11,078 12,006 11,788 12,534 11,020 13,779 18,242 8,996 11,710 11,603 12,061 12,905 12,317 13,333 79 32 4 94 68 70 60 49 56 39 1988 1990 560 5,573 386 5,861 Wayne Westmoreland Wyoming York Per capita personal income 3 Total personal income Hyde Jackson JeraukJ Jones Kinasburv Lake I':::::: Lawrence Tennessee Metropolitan portion Nonmetropolitan portion Dekalb Dickson Dyer Fayette Fentress Franklin Gibson Giles Grainaer Greene Grundy Hamblen Hamilton Hancock Hardeman Hardin Hawkins Haywood Henderson Henry . .:::' 1989 1990 1989-90 1988 1990 SURVEY OF CURRENT BUSINESS April 1992 • 1O1 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income 3 Total personal jncome Area name 1988 Hickman Houston Humphreys Jackson Jefferson Johnson Knox Lake Lauderdale Lawrence 185 76 186 84 378 118 5,174 69 269 410 Lewis Loudon McMinn McNairy Macon Madison Marion Marshall 84 350 378 497 241 168 1,020 260 276 703 Meigs Monroe Montoomery Moore Morgan Obion Overton Perry Pickett Polk .... 84 311 1,168 51 153 435 153 71 34 137 Putnam Rhea Roane Robertson Rutherford Scott Sequatchie Sevier Shelby Smith Stewart Sullivan Sumner Tipton Trousdale Unicoi Union Van Buren Warren Washington Percent change2 Millions of dollars ; Wayne Weakley White Williamson Wilc/in Texas Metropolitan portion Nonmetropolitan portion Anderson Andrews Angelina Aransas Archer Armstrong Atascosa Austin Rflilpu Bandera Baylor Bee Bell Bexar Blanco Borden Bosoue Bowie Brazoria Brazos Brewster Briscoe Brooks Brown Burleson Burnet Caldwell Calhoun Callahan See footnotes at end of table. 1989 1989-50 1988 1990 Rank in State Dollars 1989 1990 78 289 466 11241 10,942 11,802 9,016 11,481 8,533 15,516 9,497 11,374 11,679 11,615 11,380 12,389 9,415 12,307 8,910 16,445 9,790 11,791 12,163 12,246 11,844 12,900 9,846 13,309 9,901 17,382 11,024 12,292 13,193 58 65 50 89 40 88 5 78 57 44 91 368 408 543 263 173 1,106 277 298 816 97 390 433 571 274 185 1,191 299 312 923 6.1 5.8 6.2 5.0 4.3 7.0 7.7 7.9 4.9 13.1 9,019 12,580 12267 11,727 10,765 10,651 13,146 10,573 13,031 13,008 9,805 13,144 13,138 12,825 11,733 10,881 14216 11203 13,907 14,978 10,466 13,805 13,832 13,455 12232 11,601 15262 12,024 14,461 16,806 86 31 30 37 59 71 16 62 22 6 89 338 54 170 444 160 75 36 143 94 360 1,332 56 185 457 170 79 39 150 6.0 6.7 6.1 2.8 8.5 2.8 6.3 5.3 8.8 4.7 10,664 10,269 12,095 10,690 8,978 13,578 8,678 10,862 7,454 10,084 11,152 11,097 12,703 11,530 9,896 13,958 9,075 11,469 7,970 10,503 11,666 11,772 13,169 11,854 10,639 14,417 9,642 11,987 8,645 10,979 69 67 45 64 83 23 92 63 95 80 663 295 644 513 1,595 182 85 603 708 307 679 545 1,724 191 92 647 749 337 728 574 1,855 204 99 697 13225 14290 15,257 182 194 208 5.8 9.9 7.1 5.4 7.6 6.9 7.9 7.7 6.8 72 13,067 12,149 13,554 12,721 14267 9,752 9,626 12,304 16,161 12,817 13,864 12,616 14,347 13,283 14,903 10,304 10,395 12,899 17,364 13,700 14,550 13,841 15,411 13,776 15,501 11,119 11,197 13,577 18,430 14,726 21 29 14 33 13 77 76 36 3 19 100 1,967 1,515 448 70 184 113 44 386 1268 105 2,103 1,610 484 72 194 121 46 416 1,375 1,715 528 77 210 135 47 437 1,476 5.1 7.6 6.5 8.9 6.9 7.9 11.7 3.6 5.1 7.3 10,731 13,691 15,188 12280 11,884 11,088 8,504 9,133 11,808 13,719 11,115 14,639 15,819 13,052 12,204 11,732 8,975 9,410 12,640 14,888 11,601 15,747 16,514 13v978 12,983 12,683 9,843 9,753 13,222 15,982 71 11 8 26 48 54 90 91 43 10 138 390 237 1,680 1,011 144 421 246 1,853 1,075 148 446 257 1,968 1,141 3.1 6.0 4.5 6.2 6.1 9,905 12,101 11,852 21,881 15,490 10,294 13,129 12270 23,393 16,124 10,631 13,972 12,777 24,084 16,759 84 27 52 1 7 245,572 206,446 39,125 263,566 222,242 41,324 285,101 240,569 44,532 82 82 7.8 14,732 15,682 16,717 15243 16231 17,267 12,518 13270 14261 529 194 917 213 116 39 306 311 126 140 567 200 971 235 122 40 334 329 126 154 603 219 1,056 254 131 44 358 360 138 167 6.4 9.7 8.8 8.1 6.7 9.5 7.1 9.2 9.7 8.0 11,166 13,107 13206 12,049 14,674 19,749 10,274 15,629 17,362 14,070 11,905 13,785 13,975 13,252 15,465 20,225 11,091 16,616 17,691 15,004 12,520 15,316 15,085 14,167 16,323 21 ,740 11,656 18,120 19,658 15,624 220 113 119 152 81 12 231 44 24 103 444 65 272 463 73 294 2,332 16239 2,455 17,436 511 75 315 2,601 85 16 202 1,068 2,947 97 16 215 1,144 3,155 3,448 102 3.6 72 5.9 5.9 10.6 27.4 3.3 8.4 9.3 12,170 14,548 10,698 12,574 14,052 14,649 19,863 13,608 13,141 15,454 12,382 16,451 11,669 13,047 14,908 16,436 19,353 14,369 14,075 16,539 13,240 17,204 12,555 13,536 15,508 17,850 24,897 14,624 15,151 17,951 195 66 219 184 107 50 7 137 116 47 1,335 88 36 72 422 158 324 296 246 142 1,447 95 33 76 450 168 347 313 264 146 1,545 106 39 82 477 179 367 338 293 154 6.7 11.6 16.5 7.5 6.0 6.6 5.8 8.1 11.0 5.9 11,077 10,275 17247 8,735 12,195 11,452 14,555 11,174 12,573 11,952 11,963 10,996 16,625 9299 13,087 12,320 15,444 11,853 13,746 12.314 12,641 12,122 19,936 9,988 13,878 13,157 16,113 12,792 15,417 12,991 217 226 22 242 164 197 87 211 111 202 206 83 204 92 440 136 5,506 5,844 70 278 428 1255 110 2262 18,473 107 20 222 1,240 Percent change2 Millions of dollars Area name 1989 Rank in State Dollars 1989 1990 1990 2,071 148 106 360 135 236 480 76 133 66 2278 172 109 380 140 248 510 82 140 62 2,543 179 118 410 157 267 545 86 150 75 11.6 3.9 7.6 7.8 12.5 7.6 6.8 3.7 6.9 20.6 8,158 14,854 16,051 11,921 14,512 11,540 11,795 12,369 13,186 14,754 8,873 17,350 16,632 12,689 15,259 12,282 12,507 13,732 14,019 14,107 9,728 18,053 17,888 13,677 17,377 13,284 13238 14,412 14,960 17,234 243 46 49 176 62 193 196 145 125 65 47 129 4,802 44 257 808 156 42 378 697 49 144 5,367 "'•46 276 865 175 45 395 729 51 142 5,967 49 296 931 195 47 428 781 4.4 -1.6 112 7.0 7.4 7.6 11.1 4.7 8.3 72 13,583 12,965 19,736 11,676 13,614 16209 11,643 13,441 12,517 11,066 14,374 14,718 21,096 12,579 14,866 17,015 13,122 14,747 12,976 11,475 15,003 14,653 22,303 13,876 16,157 17,843 14,556 15,514 13,848 12,120 123 134 10 165 85 51 139 106 166 227 33 57 55 97 35 93 34,537 190 293 60 36 58 60 97 35 95 36,717 186 302 63 41 63 64 116 38 107 39,062 208 332 67 142 8.5 5.4 202 8.3 11.8 6.4 11.9 10.0 6.7 13,567 11,943 12,910 12,692 10,036 15,819 18,987 12,698 15,136 12,355 15,530 12,453 14,525 13,023 10,287 16,975 20,025 12,772 15,748 12,990 18,474 13,672 15,675 15,962 11,163 19,715 21,001 14,582 17,356 13,755 36 177 100 94 235 23 17 138 63 172 Denton De Witt Dickens Dimmit Donley Duval Eastland Ector Edwards Ellis 4,188 230 36 71 61 129 209 1,607 24 1,189 4,564 242 39 73 66 141 222 1,678 28 1268 4,948 260 42 85 74 154 237 1,752 29 1,369 8.4 7.1 6.6 17.7 12.5 9.1 6.5 4.4 3.3 8.0 16,930 11,838 13208 6,609 15,951 9,833 10,973 13,167 11,041 14,684 17,455 12,734 14,904 6,882 17,536 10,909 11,892 13,985 12,632 15245 17,801 13,826 16,322 8,213 20,047 11,932 12,851 14,766 12,808 15,938 54 168 82 250 20 230 207 130 209 96 El Paso Erath Falls Fannin Fayette Fisher Royd Foard Fort Bend Franklin 5,874 358 184 303 298 62 116 28 3,334 100 6,451 390 197 315 314 69 108 30 3,751 108 6,871 423 214 339 339 73 126 33 4,170 114 6.5 8.6 9.0 7.7 8.0 5.4 17.1 6.9 112 52 10256 13266 10281 12,168 14,739 12,404 13276 15,188 15,782 13,104 11,085 14,190 11,077 12,718 15,620 14,038 12,586 16,753 17,148 13,991 11,545 15,023 12,101 13,678 16,886 15,048 14,918 18,196 18,301 14,488 233 122 228 175 71 121 128 43 41 143 Frio Gaines Galveston Garza Gillespie Glasscock Goliad Gonzales Grav 190 104 154 3,346 55 257 24 77 215 419 201 116 149 3,554 58 279 22 81 237 420 213 137 181 3,865 63 300 27 88 252 435 5.8 18.3 21.6 8.7 9.0 7.4 20.5 8.4 62 3.7 11,863 7,607 10,706 15,455 10258 15,412 16,524 13237 12,377 16,840 12,705 8,561 10,470 16,421 11,144 16,503 15,406 13,825 13,757 17,266 13,476 10,169 12,834 17,744 12,343 17,326 18,344 14,681 14,640 18240 188 240 208 55 222 64 38 133 135 42 Grayson Gregg Grimes Guadalupe Hale Hall Hamilton Hansford Hardeman Hardin 1,384 1,558 207 799 459 57 107 141 79 487 1,446 1,637 221 854 480 53 118 145 84 514 1,549 1,760 240 906 531 62 124 161 87 555 72 7.5 8.4 6.1 10.6 17.9 5.1 11.3 3.1 7.9 14,589 14,715 11,050 12,978 13,022 13282 13,773 23,429 14,164 11,663 15263 15,583 11,812 13,493 13,794 13,054 15,209 24,607 15,600 12,416 16,282 16,775 12,729 13,838 15,337 16,140 15,967 27,680 16,485 13,436 83 72 215 167 112 86 92 4 79 191 Harris Harrison Hartley Haskell Hays Hemphill Henderson Hidalao Hill Hockley 46,086 697 77 101 763 63 657 2,828 331 284 50227 741 80 105 827 68 695 3,113 349 288 55,172 796 84 112 913 74 746 3,438 372 330 9.8 7.5 4.7 7.5 10.4 8.3 7.3 10.4 6.5 14.6 16,562 12,191 20,941 14,302 12291 15246 11,634 7,684 12,290 11,620 17,966 12,954 22,050 15,147 12,935 17,487 12,093 8,281 12,948 11,887 19,517 13,826 23,085 16,535 13,787 20,136 12,662 8,899 13,681 13,641 27 168 9 78 170 19 216 248 174 179 470 373 290 447 33 892 420 507 401 307 467 32 939 417 559 423 302 517 38 997 451 102 5.5 -1.5 10.5 172 62 82 17,161 13,047 13,449 13,432 11,325 13,990 15,880 17,979 13,981 14,331 14,304 11,084 14,690 16,062 19,099 14,627 14,136 16,017 13,057 15,455 17,609 30 136 155 91 200 108 57 1990 6.5 4.5 4.2 4.8 8.4 10.7 6.2 11.5 3.9 8.8 193 80 196 87 406 123 Per capita personal income 3 Total personal income 1988 Cameron Carson Cass Castro P. , PhilrlrooQ Clay Coke Coleman Collin Collingsworth Colorado Comal Comanche Concho Cooke Coryell Cottle Crane Crockett Crosby Culberson Dallam Dallas Dawson Deaf Smith Delta Hood Hopkins Houston Howard Hudspeth Hunt Hutchinson .... * ?. 1990 1989-90 1988 SURVEY OF CURRENT BUSINESS 1O2 • April 1992 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income3 Total personal income Area name 1988 Irion Jack Jackson Percent change2 Millions of dollars 1989 1990 1989-90 29 84 183 33 90 193 34 94 205 4.4 4.8 6.4 380 21 3,605 54 374 1,338 216 133 740 274 391 23 3,847 60 393 1,414 224 145 777 306 418 25 4,165 62 438 1,526 236 151 839 327 10 14 584 59 6 30 369 60 577 254 9 15 631 64 6 33 384 65 611 245 Leon Liberty Limestone Lipscomb Live Oak Llano 164 41 259 165 164 632 240 51 114 188 Loving Lubbock Lynn McCulloch McLennan McMullen Madison Marion Martin Mason Rank in State Dollars 1988 1989 1990 Area name 1990 102 182 141 29 181 83 2,339 73 175 109 19 32 53 147 19,083 77 2,480 76 196 117 20 36 60 142 20,422 89 2,658 77 227 122 22 39 64 172 22,168 14.6 72 1.7 16.4 4.3 8.9 8.0 6.9 20.8 8.5 28,078 15,669 14,306 4,596 11,576 12,433 15,345 11,621 17,480 16,901 26,811 16,530 14,549 4,961 12,797 13,625 17,714 13,856 17,269 17,766 31,167 17,511 14,335 5,559 13,641 15,075 19,554 15,667 21205 18,825 1 58 149 254 179 120 26 101 15 33 1,725 23 181 33 311 1,385 8,984 121 210 361 1,818 27 164 34 334 1,476 9,724 131 222 380 1,918 28 192 39 371 1,564 10,633 140 239 407 5.5 1.3 16.8 12.3 11.0 6.0 9.3 7.1 7.7 72 14,353 16,100 13,309 17,011 13,025 14,313 16,091 10,737 12,374 11,516 15,202 19,154 12,291 18,117 14,004 15,145 17,146 11,538 13,292 12,156 16,021 19,653 14,548 20,630 15,432 15,830 18,340 12,190 14,398 12,970 90 25 140 18 110 98 39 224 146 203 58 263 352 486 1,083 585 286 173 429 972 60 278 385 516 1,151 617 302 184 467 1,076 65 300 401 550 1,241 657 332 189 497 1,205 82 8.1 42 6.6 7.8 6.5 10.1 2.9 6.6 12.1 12,524 11204 9,163 13,077 14,544 11,562 12,364 12,501 16,728 7,653 13,334 11,916 9,995 13,751 15,515 12,188 12,984 13,719 18,050 8,261 14,726 12,866 10,326 14,446 16,673 12,885 14,163 14,494 18,939 8,973 132 206 239 144 74 204 153 141 31 247 Wichita Wilbarger Willacy Williamson Wilson Winkler .. Wise Wood 526 96 1,869 202 134 1,776 242 94 417 375 561 102 1,981 211 137 1,894 267 101 449 388 608 109 2,097 229 157 2,113 292 109 471 413 8.4 6.8 5.8 8.5 14.6 11.6 9.3 8.0 4.9 6.5 12,976 15,424 15,218 12,837 7,523 13,868 11236 10,015 12,372 12,963 13,991 17,031 16,206 13,741 7,712 14,102 12,070 11,329 13,130 13,345 15,234 18,689 17,119 15,194 8,843 14,934 12,765 12,766 13,499 14,025 114 34 68 115 249 126 214 213 186 160 Yoakum Young . 7arwta Zavala 134 296 63 78 128 303 65 80 152 322 71 93 19.1 6.5 8.9 15.9 14,897 14,464 17,385 15,986 16,602 17,814 7,004 7,131 7,579 6,481 6,607 7,602 61 53 253 252 20,648 16,389 4,259 22272 17,691 4,581 24,185 19,219 4,966 8.6 8.6 8.4 12220 13,056 13,985 12,539 13,389 14,329 11,131 11,913 12,796 oS JTTTTIZZZ Duchesne Emery Garfield Grand .... 50 517 732 271 10 2,159 135 102 45 77 55 536 802 285 10 2,323 143 109 48 81 60 575 867 302 12 2,530 154 114 51 88 82 7.3 8.0 6.0 13.1 8.9 7.9 5.3 6.7 8.9 10,355 14,405 10,716 12,960 13,567 11,821 10,171 9,415 11,337 11,106 11,494 14,829 11,582 13,928 14,659 12,533 11,053 10,322 12,078 11,949 12,535 15,721 12290 15,002 16,701 13,394 12,245 11,135 12,840 13,378 14 3 16 7 2 10 17 22 12 11 124 163 104 77 5 237 210 84 246 229 Iron Juab Kane Millard . Morgan Piute Rich Salt Lake San Juan Sanpete 180 53 53 123 72 13 23 9,633 89 153 204 57 56 129 77 13 24 10,390 95 161 228 62 60 141 82 14 26 11,224 103 175 12.1 9.1 6.9 8.8 6.7 9.5 10.0 8.0 8.4 82 8,743 9,108 10,556 10,377 13,376 9,821 12,367 13,558 7,191 9,436 9,854 9,798 11,037 11,197 14,046 9,964 13,337 14,467 7,611 9,939 10,964 10,710 11,542 12,491 14,743 11,097 15290 15,399 8,145 10,733 25 27 19 15 9 23 6 4 29 26 17,722 13,037 13,945 12,789 10,702 17,429 20,029 14,044 21,388 16,634 56 201 161 212 238 59 21 159 14 75 Sevier Summit Tooele Uintah Utah Wasateh Washington Wayne weber ...::::::..::....:: 162 259 351 220 2,485 108 437 21 2,112 177 291 375 225 2,730 112 495 20 2248 184 318 398 245 3,037 128 557 22 2,428 4.0 92 6.1 8.9 112 14.3 12.5 9.4 8.0 10,484 17,819 13,055 9,650 9,671 10,861 9,833 9,751 13,456 11,451 19,330 14,043 10,026 10,487 11,165 10,601 9,373 14,275 11,900 20285 14,967 11,053 11,467 12,603 11,321 10,185 15,301 18 1 8 24 20 13 21 28 5 14,346 12,448 12,636 9,726 13270 147 221 218 244 194 Vermont Metropolitan portion Nonmetropolitan portion 8,599 2,350 6250 9,422 2£83 6,839 9,886 2,735 7,151 43 53 4.6 15,640 16,895 17,506 17,626 19,054 19,872 15,004 16201 16,744 442 603 492 665 511 692 3.9 4.1 13,741 15,064 15,444 17.114 18.668 19.251 6.4 9.0 7.5 5.7 29.7 4.4 82 12.5 6.5 15.6 19,706 13,650 16,394 14,123 15,851 10,335 11,874 11,937 13,157 16,127 19,501 14,450 17,554 15,456 17,569 11,038 12,553 13216 13,940 16,015 21,394 15,855 18,602 16,363 23238 11,088 13,752 15,091 14,769 18,924 13 97 35 80 8 236 173 118 129 32 177 45 282 172 174 686 260 55 127 201 188 48 300 182 187 745 275 57 132 214 6.3 6.7 6.4 5.9 72 8.6 6.0 4.9 3.9 6.8 12,205 7,505 13,839 12,809 13,021 11,945 11,638 15,306 11,723 16205 13,177 8,478 15,110 13,387 13,861 13,028 12,499 16,937 13215 17,313 13,904 9206 16,031 14,150 14,731 14,114 13,088 18,339 13,783 18,387 162 245 89 154 131 156 199 40 171 37 3 3,016 101 114 2,489 18 132 98 79 46 3 3,203 92 112 2,637 22 143 106 76 51 3 3,446 114 118 2,830 23 154 115 90 56 1.9 7.6 242 5.0 7.3 5.4 8.0 8.3 18.5 9.7 23,126 13,650 14,041 12,995 13,297 21,943 11,812 9,606 15,731 12,943 24266 14,472 13224 12,843 14,041 26,493 12,952 10,543 15216 14,822 25,196 15,443 16,950 13,410 14,925 27,884 14,101 11,485 18,072 16,571 6 109 70 192 127 2 157 234 45 76 Matagorda Maverick Medina Menard Midland Milam Mills Mitchell Montague 604 231 314 32 1,853 290 63 104 208 2,502 589 250 337 36 1,948 309 69 102 219 2,815 588 279 360 38 2,067 325 73 109 232 3,146 -.3 11.7 6.8 3.7 6.1 5.3 5.5 6.6 5.9 11.8 15,964 6,503 11,820 14,164 17,482 12,439 13,925 12,525 11,815 14,648 15,831 6,949 12,504 16,140 18,371 13,388 15288 12,595 12,605 15,914 15,955 7,631 13,103 16,739 19,345 14,185 16,102 13,653 13,450 17,084 95 251 198 73 28 151 88 178 189 69 Moore Morris Motley Nacogdoches Navarro Newton Nolan Nueces Ochiltree 278 169 23 631 497 121 226 3,806 137 56 284 167 25 690 528 127 229 4,019 145 55 308 179 27 742 563 136 237 4,409 162 64 8.3 6.7 10.3 7.6 6.7 6.7 3.4 9.7 11.4 15.8 15,509 12,545 14,714 11,822 12,549 8,943 13,373 13,084 14,353 25203 15,918 12,592 16,169 12,772 13,310 9,425 13,719 13,845 15,660 24,401 17,203 13,560 17,945 13,480 14,073 10,002 14,271 15,124 17,837 27,832 67 183 48 187 158 241 150 117 52 3 Beaver Box Elder Cache Carbon .. Daaaett Orange Palo Pinto Panola Parker Farmer Pecos Polk Potter Presidio Rains 1,078 308 299 914 225 144 339 1,421 50 75 1,119 329 327 995 221 152 371 1,503 54 78 1205 347 345 1,083 255 159 395 1,589 61 81 7.7 5.7 5.4 8.8 15.3 4.7 6.4 5.7 13.8 3.7 13286 12,093 13,586 14,857 22,071 9,452 11,291 14260 7,860 11,677 13,888 13,071 14,883 15,738 22,113 10224 12245 15275 8,306 11,889 14,969 13,881 15,616 16,565 25,900 10,904 12,806 16,258 9,159 11,945 1,447 55 29 159 148 133 15 176 461 166 1,529 32 171 154 134 18 199 502 179 1,598 59 34 183 169 139 21 218 555 187 4.5 3.7 5.3 7.0 9.7 3.5 16.0 9.4 10.5 4.8 16,623 11,888 11,909 10,866 9,137 16,433 14,645 11,272 19,512 14270 17,312 12,393 13,138 11,835 9,686 16,735 17263 12,820 20,334 15,649 552 103 89 135 669 592 111 95 146 704 629 119 101 161 779 6.1 7.5 6.4 10.0 10.7 12,667 10,697 10,929 8,732 11279 13,597 11,629 11,802 9,160 11,959 1990 15,645 13,607 14,494 19,320 13,619 10 16 678 67 8 35 415 73 650 284 See footnotes at end of table. 1990 14,754 13205 13,021 17,320 12,907 190 205 60 223 232 105 148 225 93 11 Rusk Sabine San Augustine San Jacinto San Patricio 1989 13,435 11,883 12,190 15282 11,891 13,448 12,870 17,418 12252 11,637 15,587 14,343 12,185 15,963 22,271 Randall Reagan Real Red River Reeves Refugio Roberts Robertson Rockwall Runnels 1988 5.3 2.1 9.5 7.5 5.4 12,555 11,946 15,993 11,673 10,378 14,877 13,440 11,505 15,156 21,339 . 1989-90 84 41 269 64 300 12,128 11,033 14,806 10,283 9,754 14,408 12,652 10,431 14,713 19,458 Lee 1990 80 40 246 59 285 7.0 9.6 8.3 4.0 11.5 7.9 5.0 4.7 8.0 6.9 LaSalle Lavaca 1989 Rank in State Dollars 74 36 235 54 264 16 185 99 Kenedy Kent Kerr Kimble King Kinney Kleberg Knox Lamar Lamb Percent change2 Millions of dollars 1988 17,156 20,040 21,093 11,698 12,741 13,514 13,720 14,719 15,781 Jasper Jeff Davis Jefferson Jim Hogg Jim Wells Johnson Jones Karnes Kaufman Kendall Per capita personal income3 Total personal income SanSaba Schleicher Scurry Shackelford Shelbv Sherman Smith Somervell Starr Stephens Sterling .. Stonewall Sutton Swisher Tarrant Taylor Terrell Terry Titus Tom Green Travis Trinity Tyler Upshur ... Upton Uvalde Val Verde VanZandt Victoria .. Walker Waller ... Ward Webb .... !"".'""."!!!!!'.!!!!'".' Wharton Utah Metropolitan portion Noninetropolitan portion Addison Benninoton 10 2 SURVEY OF CURRENT BUSINESS April 1992 • 1O3 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income 3 Total personal income Area name Percent change2 Millions of dollars 1988 1989 1990 Rank in State Dollars 1989-90 1988 1989 1990 352 2270 69 509 80 276 365 285 381 2,492 74 562 92 306 399 311 399 2,638 76 593 97 322 420 331 4.6 5.9 3.3 5.4 5.9 5.3 5.2 6.3 12,932 17,717 10,849 13,139 15,387 14,488 14,452 11,968 13,814 19,121 11,538 14229 17,385 15,705 15,490 12,979 14,263 19,940 11,876 14,755 18,177 16,223 15,987 13,737 12 1 14 11 4 8 9 13 Rutland Washington Windham Windsor 960 842 670 876 1,034 929 727 960 1,080 978 758 992 4.5 5.3 4.3 3.3 15,766 15,605 16,488 16,477 16,765 17,015 17,628 17,876 17,324 17,758 18,157 18,312 7 6 5 3 106,715 83,519 23,196 115,621 90,648 24,973 122,401 95,975 26,426 53 53 5.8 17,675 18,891 19,701 19,197 20,488 21,301 13,750 14,726 15,478 Amelia Amherst Appomattox Arlington Bath Bland Botetourt Brunswick Buchanan 405 114 323 159 4,596 76 70 381 180 377 438 126 341 170 5,037 84 76 411 191 403 470 134 359 180 5,177 88 83 437 205 435 7.2 6.5 5.3 5.7 2.8 42 82 6.3 7.6 8.0 12,767 13,065 11,296 12,985 27,068 15,380 10,894 15,438 11,235 11,595 13,826 14,358 11,934 13,858 29,566 17,331 11,772 16,554 11,909 12,654 14,821 15,229 12,553 14,615 30242 18,408 12,674 17,462 12,828 13,944 65 58 100 71 2 22 98 33 97 84 Buckingham Caroline Charles City Charlotte Chesterfield Clarke Craig . . Culpeper Cumberland Dickenson 147 278 100 141 3,592 245 52 417 90 211 159 296 111 148 3,934 263 56 461 99 212 169 308 115 155 4209 276 58 487 104 237 5.8 4.1 2.9 4.8 7.0 4.9 3.4 5.5 5.5 11.8 11,589 14,655 15,975 12,048 18273 21224 12,083 15,680 11,498 11,512 12,459 15,498 17,743 12,626 19,314 22210 12,979 16,920 12,632 11,837 13,056 16,013 18,226 13,226 19,920 22,657 13,297 17,399 13,314 13,530 94 49 23 93 17 9 91 34 90 86 Essex Fauquier Floyd Fluvanna Franklin Giles Gloucester Goochland Grayson Greene 131 1,038 157 154 496 210 421 288 180 116 137 1,135 167 173 535 224 450 319 191 130 146 1,199 176 186 575 237 480 338 204 145 6.4 5.6 5.0 7.6 7.4 5.6 6.6 6.0 6.5 11.0 14,969 22,561 13,158 12,900 12,725 12,580 14,648 21,325 10,982 11,784 15,764 23,869 13,976 14,172 13,616 13,584 15,246 22,980 11,723 12,919 16,802 24,372 14,618 14,886 14,492 14,503 15,810 23,701 12,533 13,955 40 5 70 64 76 75 50 7 101 83 Hanover Henrico Highland Isle Of Wight King and Queen King George King William Lancaster Lee Loudoun 1,195 4,459 29 400 88 203 170 211 247 1,864 1,297 4,947 32 432 90 222 186 234 260 2,130 1,366 5,236 34 452 92 238 192 247 280 2,325 5.4 5.9 6.1 4.5 1.6 7.3 3.4 5.6 7.6 9.1 19,994 21290 10,266 16,491 13,753 15,545 15,846 19,259 9,817 23,340 20,999 23,098 11,592 17,502 14,250 16,695 17,187 21,435 10,487 25,545 21,395 23,884 12,883 17,931 14,599 17,526 17,576 22,654 11,457 26,682 12 6 96 26 73 31 30 10 105 4 Louisa . Lunenberg Madison Mathews Mecklenburg Middlesex Nelson New Kent Northampton Northumberland 269 128 152 137 373 137 168 190 160 166 295 134 165 145 396 152 181 207 174 178 306 143 173 156 415 157 194 220 185 187 3.7 62 5.3 7.7 4.7 3.5 6.8 6.0 6.5 5.0 13,586 10,977 13,091 16257 12,698 15,964 13,275 18,813 11,801 15,878 14,682 11,684 13,962 17,308 13,524 17,573 14,275 20,160 13,090 16,951 14,989 12,525 14,454 18,743 14,185 18,121 15,135 20,928 14,237 17,724 62 102 77 21 82 24 60 13 81 28 Nottoway Oranoe Page Patrick Powhatan Prince Edward Pulaski Rappahannock Richmond Russell 197 324 289 234 228 182 423 109 98 330 211 355 310 248 254 194 444 121 105 346 226 377 321 265 276 210 462 129 111 371 7.4 6.4 3.4 7.0 8.5 8.7 4.2 7.0 5.9 72 13,081 15,652 13,610 13,357 15,659 10,469 12,293 16,875 13,496 11227 14,036 16,808 14,452 14,187 16,957 11,159 12,887 18,438 14,452 11,952 15,079 17,511 14,743 15,191 17,858 12,147 13,386 19,424 15,322 12,975 61 32 67 59 27 103 89 19 55 95 Scott Shenandoah Smyth Stafford Surrv Sussex Tazewell Warren Westmoreland Wvthe 245 500 392 1,085 100 134 581 377 233 315 256 524 425 1,245 107 140 621 398 248 339 278 544 463 1,347 110 147 669 402 264 351 8.5 3.8 9.0 8.1 3.3 5.3 7.8 1.1 6.4 3.6 10,346 16,322 11,990 19,252 16,388 13,177 12,291 15,038 15,462 12,393 10,958 16,803 13,081 21,055 17,443 13,710 13,355 15,503 16,214 13,305 12,024 17,100 14,316 21,712 17,954 14,365 14,606 15,295 16,966 13,770 104 36 80 11 25 79 72 56 37 85 See footnotes at end of table. Percent change2 Millions of dollars Area name 1990 Caledonia Chittenden Essex Franklin Grand Isle Lamoille Orange Orleans Virginia Metropolitan portion Nonmetropolitan portion Per capita personal income 3 Total personal income 1988 1989 1990 Rank in State Dollars 1989-90 1988 1989 1990 30,776 16,238 14,182 14,688 15,542 14203 21,887 17,443 15,874 17,319 31,699 16,924 14,743 15,327 16,412 14,803 23,217 18,968 16,807 17,697 1990 Independent Cities: 1 38 67 54 45 66 8 20 39 29 3,153 2,248 1,802 2,365 3,950 1,437 4,073 1,577 787 6212 3,407 2,411 1,880 2,479 4,084 1,486 4,480 1,697 823 6,623 3,530 2,594 1,979 2,613 4,280 1,535 4,703 1,824 878 7,025 1,887 2,062 2,195 6.4 17,676 19,158 20,197 16 331 1,384 738 1,675 377 1,090 343 1,486 795 1,808 398 1,149 359 1,568 854 1,903 421 1217 4.6 5.6 7.4 5.3 5.9 6.0 12,823 14,372 14,838 14,647 11,300 14,526 14,521 16,016 16,413 16,761 12,664 16,124 74 48 44 41 99 47 21,227 974 191 23,306 1,063 203 24,785 1,117 219 6.3 5.0 8.3 26,391 28,121 28,999 15,083 16,037 16,388 12,954 14,050 15,580 3 46 52 458 1,059 692 1,051 1,469 589 491 1,163 744 1,132 1,564 628 518 1211 807 1,193 1,612 677 5.4 42 8.4 5.4 3.1 7.8 12,540 14,513 16,015 11,908 13,015 11,586 14,399 16,559 17207 13,243 14,896 13,409 78 43 35 92 63 88 4,452 1,766 4,894 1,911 5204 2,027 6.3 6.0 19,200 20,198 20,543 17265 18,614 19,632 15 18 398 1220 434 1,314 466 1,395 7.4 62 12,513 13,666 14,685 14,088 15,023 15,775 69 51 305 1,076 869 604 962 322 1,214 926 632 1,043 341 1287 981 676 1,112 6.1 6.0 5.9 7.0 6.6 11,971 15,182 13,416 13,335 18,675 87 42 57 53 14 76,341 64,397 11344 84,436 71297 13,138 92,181 78,077 14,105 92 9.5 7.4 16,451 17,790 18,777 17,049 18,415 19,455 13,834 15,022 15,740 196 232 1,653 742 782 3262 64 1,133 366 61 215 255 1,783 819 866 3,695 71 1,233 388 72 231 273 1,959 871 933 4,040 72 1,335 416 77 7.3 6.9 9.9 6.4 7.8 9.3 1.4 8.3 7.1 7.7 14,596 13,426 14,944 14,533 14,386 14,564 16,065 14,196 14,580 10,088 15,956 14,697 16,037 15,898 15,655 16,004 17,854 15272 15,165 11,653 16,897 15,422 17,332 16,589 16,402 16,790 17,927 16,168 15,743 12,215 10 27 7 12 15 11 6 20 22 39 Franklin Garfield Grant Grays Harbor Island Jefferson King Kitsap Kittitas Klickitat 463 46 706 859 782 273 29,710 2,714 330 214 501 54 785 924 873 304 33,044 2,949 367 239 553 54 854 984 946 329 36,181 3,262 395 262 10.4 .3 8.8 6.4 8.3 8.3 9.5 10.6 7.6 9.8 12,360 20,176 13215 13,602 14,027 14,323 20,776 15217 12,726 13,101 13,426 23,961 14,551 14,573 15,055 15,513 22,526 16,030 13,990 14,537 14,734 23,983 15,511 15,266 15,505 16,180 23,779 17,009 14,693 15,706 33 1 25 29 26 19 2 9 34 23 Lewis Lincoln Mason Okanogan Pacific Pend Oreille Pierce San Juan Skagit Skamania 758 181 463 429 248 94 8,144 181 1,074 100 828 177 509 486 266 115 8,829 203 1228 110 890 196 547 501 288 116 9,583 223 1,322 114 7.5 10.6 7.6 32 8.6 1.5 8.5 9.6 7.7 2.9 13,119 19,913 12,699 13,172 13,642 10,719 14,646 19,185 14283 12,304 14,177 19,863 13,621 14,800 14,356 12,990 15,477 20,893 15,887 13,520 14,906 22,120 14,142 14,957 15,168 13,005 16,194 21,948 16,453 13,627 32 3 35 31 30 38 18 4 13 36 Snohomish Spokane Stevens Thurston Wahkiakum Walla Walla Whatcom Whitman . Yakima 7,002 5,047 362 2294 47 686 1,668 537 2,440 7,908 5,483 394 2,550 52 749 1,849 558 2,707 8,750 5,942 416 2,821 54 799 2,064 606 2,920 10.6 8.4 5.8 10.6 4.9 6.6 11.6 8.7 7.9 16260 14268 11,957 15,123 13,943 14281 13,751 13,689 13,309 17,637 15,386 12,892 16,306 15,565 15,606 14,863 14,385 14,587 18,545 16,365 13,389 17,312 16,258 16,438 16,002 15,637 15,374 5 16 37 8 17 14 21 24 28 Alexandria Chesapeake Hampton Newport News Norfolk Portsmouth Richmond Roanoke Suffolk Virginia Beach 3.6 7.6 52 5.4 4.8 3.3 5.0 7.5 6.7 6.1 28,613 15,615 13,739 14,132 14,900 13,597 19,670 16,010 15272 16,852 Combination Areas:4 Albemarte + Chariottesville Alleghany, Clifton Frg. + Covington Augusta, Staunton + Waynesboro Bedford + Bedford City Campbell + Lynchburg Dinwiddie, Col. Hts. + Petersburg Fairfax, Fairfax City + Falls Church Frederick + Winchester Greensville + Emporia Halifax + South Boston Henry + Martinsville James City + Williamsburg Montgomery + Radford Pittsylvania + Danville Prince George + Hopewell Pr. William, Manassas + Manassas Park Roanoke + Salem Rockbridge, Buena Vista + Lexington Rockingham + Harrisonburg Southampton + Franklin Spotsylvania + Fredricksburg Washington + Bristol Wise + Norton York + Poquoson Washington Metropolitan portion Nonmetropolitan portion Adams Asotin Benton Chelan Clallam . Clark Columbia Cowlitz Doualas Ferry 13,602 15,312 15,646 15,877 11,958 15,272 13,562 15,928 16,528 12,704 14,141 12,405 12,647 16,412 14,369 14224 19,827 13,433 16,640 15,265 15,505 20,687 SURVEY OF CURRENT BUSINESS 1O4 • AprU 1992 Table 2.—Total Personal Income and Per Capita Personal Income by County, 1988-90—Continued Per capita personal income 3 Total personal income Area name Percent change2 Millions of dollars Rank in State Dollars 1988 1989 1990 21,917 9,067 12,850 23,035 9,579 13,456 24,602 10227 14,375 6.8 6.8 6.8 11,973 12,751 13,744 13,573 14,548 15,698 11,054 11,720 12,625 Barbour Berkeley Boone Braxton Brooke Cabell Calhoun Clay Doddridge Fayette 140 702 329 143 312 1,353 64 77 63 483 148 748 342 151 333 1,424 67 80 65 506 152 797 371 161 361 1,523 71 87 69 540 2.7 6.6 8.6 6.8 8.6 7.0 6.0 8.5 6.4 6.7 8,666 12,449 12,143 10,745 11,172 13,585 8,006 7,488 8,652 9,582 9,353 12,912 12,963 11,528 12,159 14,549 8,433 7,954 9,165 10,343 9,735 13,345 14,420 12,452 13,424 15,781 8,952 8,754 9,948 11,334 49 17 9 28 15 4 53 54 47 38 Gilmer Grant Greenbrier Hampshire Hancock Hardy Harrison Jackson Jefferson Kanawha 69 116 401 183 530 126 915 276 451 3,150 73 127 423 194 561 136 957 288 490 3,332 77 141 452 204 586 149 1,001 301 516 3,560 6.7 8,655 11,512 11,052 11215 14,378 11,865 12,912 10,514 12,944 14,812 9,284 12,336 11,983 11,855 15,642 12,572 13,690 11,056 13,844 15,906 10,141 13,401 13,088 12,345 16,718 13,483 14,463 11,602 14,293 17,192 45 16 22 29 3 14 8 37 10 2 Lewis Lincoln Logan McDowell Marion Marshall Mason Mercer Mineral Mingo 183 182 505 319 716 437 262 876 312 386 188 187 523 330 735 461 279 917 322 400 200 204 567 350 812 492 306 977 343 433 6.7 9.9 6.6 6.5 8.3 10294 8,636 11,278 8,277 12,116 11,507 10,314 13204 11,543 11,152 10,763 8,831 11,960 9,009 12,689 12,270 11,041 14,003 12,011 11,741 11,644 9,509 13,245 10,062 14,242 13,184 12,166 15,067 12,839 12,874 36 51 19 46 11 20 31 7 26 24 Monongalia Monroe Morgan Nicholas Ohio Pendleton Pleasants Pocahontas Preston Putnam 992 127 144 297 804 77 90 104 272 512 1,058 135 153 303 868 81 93 109 280 549 1,147 147 162 317 921 87 98 115 297 594 8.4 92 5.6 4.5 62 6.9 6.3 6.3 5.9 82 13,087 10,330 12,707 10,834 15260 9,546 11,719 11270 9,253 12,033 14,012 10,925 12,977 11,232 16,827 10,117 12,176 11,953 9,624 12,864 15,178 11,862 13,180 11,856 18,181 10,762 13,081 12,849 10234 13,831 6 33 21 34 1 40 23 25 42 12 Raleigh Randolph Ritchie Roane Summers Taylor Tucker Tyler Upshur Wavne 917 300 106 142 118 142 84 109 216 432 955 319 109 145 123 146 88 116 228 456 1,015 342 114 150 129 154 93 124 245 492 6.4 72 4.8 3.8 5.2 5.3 5.4 72 7.5 7.9 11,538 10,731 10,079 9,258 8,250 9,121 10,501 10,699 9,215 10,172 12,262 11,472 10,584 9,544 8,648 9,548 11211 11,671 9,861 10,865 13,267 12,302 11,218 9,944 9,091 10,182 12,036 12,749 10,743 11,840 18 30 39 48 52 43 32 27 41 35 Webster Wetzel Wirt Wood Wyoming 89 238 44 1,226 275 97 242 45 1,275 278 103 259 44 1,355 293 5.4 6.8 6.3 5.3 8,018 8,950 9,608 11,875 12,386 13,494 8,867 8,815 8,421 13,880 14,594 15,618 8,989 9,376 .10,159 50 13 55 5 44 74,764 53,807 20,958 81,221 58,123 23,098 86297 61,897 24,400 62 6.5 5.6 15,501 16,724 17,590 16,577 17,764 18,706 13,288 14,577 15278 Adams Ashland Barron Bayfield Brown Buffalo Burnett Calumet Chippewa Clark 147 195 520 154 3,030 178 150 504 702 371 172 210 575 172 3,319 210 156 555 775 416 174 222 616 181 3,613 223 164 568 810 424 1.1 5.8 7.0 5.5 8.9 6.5 4.7 2.3 4.5 2.0 9,599 12,007 12,967 11,061 15,929 13,033 11,555 14,664 13,495 11,727 11,094 12,925 14238 12,325 17242 15,421 11,999 16202 14,860 13,150 11,031 13,624 15,065 12,932 18,490 16,445 12,469 16,564 15,440 13,387 70 53 40 61 6 25 64 23 36 56 Columbia 653 174 6242 1,028 384 532 406 1,144 47 718 197 6,852 1,105 426 580 459 1,250 52 774 210 7,409 1,186 444 621 481 1,331 57 7.8 6.8 8.1 7.3 4.3 7.0 4.9 6.4 9.5 14,729 10,920 17,478 13,611 15,073 12,762 11,472 13,652 10,406 16,046 12,352 18,910 14,528 16,661 13,927 12,875 14,803 11,421 17,106 13,169 20,087 15,445 17,259 14,850 13,368 15,570 12,326 18 59 3 35 15 42 57 31 66 West Virginia Metropolitan portion Nonmetropolitan portion Wisconsin Nonmetropolitan portion Dane Dodae Door Douqlas Dunn Eau Claire Florence 1989-90 10.9 6.7 5.1 4.4 9.5 4.6 4.5 5.3 6.9 6.4 8.8 8.5 6.3 10.5 -2.0 1988 1989 1990 Area name Percent change2 Millions of dollars 1988 1990 1. The personal income level shown for the United States is derived as the sum of the county estimates; it differs from the national income and product accounts (NIPA) estimate of personal income because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S. firms. It can also differ from the NIPA estimate because of different data sources and revision schedules. 2. Percent change was calculated from unrounded data. 3. Per capita personal income was computed using Bureau of the Census midyear estimates. The years 1988- Per capita personal income3 Total personal income 1989 1989-90 1990 Rank in State Dollars 1988 1989 1990 1990 Fond du Lac 1,330 1,489 1,569 5.4 14,849 16,586 17,382 13 Forest Grant Green Green Lake Iowa Iron Jackson Jefferson Juneau Kenosha 82 663 472 249 251 65 190 978 258 2,052 87 716 524 280 289 70 227 1,074 289 2,143 93 760 552 289 302 75 226 1,146 303 2,231 5.8 62 5.3 3.4 4.6 7.5 -.5 6.8 5.0 4.1 9,344 13,409 15,723 13,454 12,496 10,558 11,544 14,576 12,077 16,344 9,964 14,527 17,365 15,050 14,373 11,345 13,759 15,932 13,426 16,887 10,536 15,432 18,144 15,482 14,964 12,156 13,620 16,874 13,951 17,338 71 37 9 32 41 69 54 20 51 14 Kewaunee La Crosse Lafayette Langlade Lincoln .. Manitowoc Marathon Marinette Marquette Milwaukee 257 1,438 203 228 336 1,104 1,584 509 150 15,748 292 1,555 243 253 358 1,761 552 171 16,766 298 1,652 244 264 391 1,292 1,887 584 181 17,712 2.3 62 .5 4.4 9.3 6.6 72 5.8 5.6 5.6 13,607 14,959 12,471 11,709 12,558 13,667 13,906 12,757 12,374 16,523 15,452 16,022 15,024 13,002 13,305 15,068 15,359 13,728 14,022 17,546 15,779 16,811 15,190 13,518 14,452 16,066 16,305 14,367 14,638 18,431 28 21 39 55 46 27 26 47 45 7 Ozaukee Pepin Pierce Polk Portage Price 418 352 428 2,085 1,557 91 493 443 813 206 460 402 463 2260 1,713 102 535 483 876 220 475 414 497 2,425 1,834 105 559 497 949 231 3.4 3.0 7.3 7.3 7.1 2.6 4.6 2.8 8.3 5.0 11,575 11,838 13,656 15214 21,982 12,870 15219 12,999 13,530 13217 12,638 13,419 14,696 16,277 23,825 14,405 16,408 14,032 14,417 14,124 12,942 13,665 15,637 17,182 25,057 14,700 17,022 14225 15,398 14,798 60 52 29 16 1 44 19 48 38 43 Racine Richland . Rock Rusk St Croix Sauk Sawyer Shebovoan Taylor Trempealeau 2,872 188 2,067 167 829 641 152 1,652 246 327 3,043 206 2200 181 893 725 163 1,794 268 369 3,233 226 2,339 186 953 778 174 1,880 269 391 62 9.5 6.3 2.7 6.7 7.3 6.5 4.8 .3 6.0 16,571 10,877 14,866 11,029 17,164 13,930 10,970 16,051 13,190 12,992 17,483 11,829 15,808 11,991 18,103 15,583 11,601 17,362 14282 14,630 18,426 12,839 16,742 12,303 18,838 16,490 12,190 18,061 14,199 15,447 8 63 22 67 5 24 68 11 49 34 Vemon Vilas Walworth Washburn Washington Waukesha Waupaca Waushara Winnebago Wood 292 217 1,112 157 1,574 6,053 622 245 2,143 1,161 331 234 339 249 1,289 178 1,872 7,045 721 301 2,484 1,336 2.4 62 6.3 3.5 6.5 6.8 5.6 72 7.5 7.1 11,417 12,479 15,135 11,473 17,044 20,442 13,795 12,785 15,512 15,903 12,966 13,345 16,323 12,578 18,708 21,937 14,969 14,566 16,595 17,029 13,235 13,991 17,116 12,927 19,527 23,004 15,586 15,477 17,645 18,113 58 50 17 62 4 2 30 33 12 10 65 Monroe Oconto Oneida 1213 1212 172 1,757 6,596 683 281 2,310 1248 453 493 512 3.8 11,181 12,094 12,438 6,555 2,070 4,485 6^40 2,142 4,697 7,363 2,305 5,059 7.7 7.6 7.7 14,091 14,921 16283 15,098 15,811 17,191 13,671 14,548 15,900 Albany Big Horn Campbell Carbon Converse Crook Fremont Goshen Hot Springs 379 125 485 243 153 78 385 147 74 84 393 129 498 260 153 79 395 149 75 93 422 139 532 279 153 83 427 163 80 102 7.4 8.0 6.9 7.6 -.3 5.0 82 9.6 6.0 12,382 11,415 15,928 13,835 12,678 14,457 11,160 11,907 14,545 13,303 12,793 12,027 16,681 15,253 13,297 14,834 11,600 12,031 15219 14,937 13,673 13,289 18203 16,889 13,875 15,696 12,730 13,166 16,673 16,683 18 20 2 6 17 14 22 21 9 8 Laramie Lincoln Natrona Niobrara Park Platte Sheridan Sublette Sweetwater Teton 1,092 160 978 37 337 108 352 70 593 254 1,145 158 997 38 356 114 390 77 620 290 1,213 169 1,092 40 378 120 427 81 674 329 15,030 12255 15,174 14,008 14,447 12,488 14,624 13,383 14,624 23,584 15,710 12,363 15,929 14,969 15,311 13,598 16,424 15,407 15,674 26,360 16,555 13,481 17,957 16289 16,302 14,881 18,147 16,837 17,468 29235 10 19 4 12 11 16 3 7 5 1 210 115 97 214 119 99 228 129 103 11,048 11,376 12233 13,077 13,941 15,467 14,324 14,931 15,937 23 15 13 Shawano (incl. Menominee) Wyoming Metropolitan portion NnnmPtmnnlHan nnrtinn Uinta Washakie Weston 10.0 5.9 7.1 9.5 6.0 62 5.9 9.3 4.7 8.8 13.4 6.8 82 4.3 89 are revised as of January 1992 to reflect 1980 and 1990 Census population counts. Midyear 1990 population estimates were prepared by BEA by adjusting the April 1990 population counts based on the Census Bureau July 1990 State estimates and the 1988-89 trend in the revised Census Bureau county estimates. 4. Virginia combination areas consist of one or two independent cities with populations less than 100,000 combined with an adjacent county. The county name appears first, followed by the city name(s). Separate estimates for the jurisdictions making up the combined areas are not available. C-l SURVEY OF CURRENT BUSINESS April 1992 BUSINESS CYCLE Data tables Footnotes for pages C-l through C-5 Charts C-l C-6 C-7 INDICATORS Business cycle expansions and contractions Specific peak and trough dates for selected indicators Titles and sources of series C-25 C-26 C-27 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. Current and historical data for the series shown in the C-pages are available on printouts, diskettes, and the Commerce Department's Economic Bulletin Board. For more information, write to Business Cycle Indicators Branch, Business Outlook Division (BE-52), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. NOTE.—This section of the SURVEY is prepared by the Business Cycle Indicators Branch. Series no. Series title and timing classification Year 1992 1991 1991 Mar. Feb. June May Apr. July Sept. Aug. Oct. Dec. Nov. I Mar. * Feb. Jan. 1. COMPOSITE INDEXES The Leading Index 910* • 1• 5* 8* 32* 20* 29* 92* 99* 19* 106 • 834 950 • Composite index of leading indicators, 1982=100 (L.L.L) .... Percent change from previous month Percent change over 3-month span AR Leading index components: Average weekly hours, mfg. (L.L.L) Average weekly initial claims for unemployment insurance, thous. (L,C,L) » +. Mfrs.1 new orders, consumer goods and materials, oil. 1982$ (L,L,L). Vendor performance, slower deliveries diffusion index, percent (L.L.L). Contracts and orders for plant and equipment, bil. 1982$ (L,L,L). Index of new private housing units authorized by local building permits, 1967=100 (L.L.L). Change in mfrs.' unfilled orders, durable goods, bil. 1982$, smoothed (L,L,L)t. Change in sensitive materials prices, percent, smoothed (L,L,L)t. Index of stock prices, 500 common stocks, 1941-43=10, NSA (L.L.L). Money supply M2, bil. 1982$ (L.L.L) index of consumer expectations, U. of Michigan, 1966:1=100, NSA (L.L.L)©2. Diffusion index of 11 leading indicator components: Percent rising over 1 -month span Percent rising over 6-month span 143.5 .3 4.5 140.4 1.2 5.6 141.5 .8 9.2 141.9 .3 7.6 143.0 .8 7.0 143.9 .6 145.6 1.2 7.5 145.6 0 4.5 145.5 -.1 .3 145.7 .1 -.5 145.4 -.2 -1.1 145.1 -.2 2.2 146.5 1.0 6.2 147.6 .8 10.8 40.7 40.3 40.3 40.2 40.4 40.8 40.7 41.0 41.0 40.9 41.0 41.1 40.8 41.1 444 472 499 467 443 434 411 431 435 422 436 435 424 427 '41.1 431 85.14 82.22 87.69 89.78 87.59 93.25 93.05 93.30 92.78 '91.85 87.63 '89.46 '90.88 '89.14 47.3 44.1 43.5 44.9 45.9 47.1 50.4 48.8 49.4 50.3 523.09 '45.09 '43.70 40.82 41.22 41.33 47.85 43.64 41.10 1,068.50 76.2 69.9 -1.44 -1.11 '44.58 50.6 47.45 49.5 '40.27 '46.19 71.1 72.8 77.0 79.7 80.1 76.0 78.3 82.0 79.2 84.1 88.6 93.0 -1.31 -1.73 -2.08 -2.56 -1.64 -.86 -.82 -1.02 -1.32 -1.58 -1.72 -2.17 -.65 -.66 -.72 -.69 -.56 -.50 -.60 -.75 -.82 '-.72 -.55 -.40 -.26 376.18 362.26 372.28 379.68 377.99 37829 380.23 389.40 387.20 386.88 385.92 388.51 416.08 412.56 2,409.4 2,410.2 2,419.2 '2,419.6 2,422.2 2,419.7 2,414.9 2,407.8 2,400.8 2,399.9 '2,401.1 '2.401.8 '2,406.3 -.59 '.2 48.7 48.0 46.07 '147.9 '7.9 49.5 '48.06 87.2 '-2.44 .06 407.36 '2,418.3 '2,403.6 70.3 62.0 84.5 74.7 71.5 75.9 74.4 75.3 76.4 70.5 61.9 61.5 59.1 61.8 70.3 53.0 64.4 59.1 54.5 40.9 72.7 63.6 90.9 72.7 86.4 72.7 63.6 72.7 72.7 36.4 72.7 50.0 59.1 40.9 36.4 40.9 63.6 50.0 63.6 '72.7 '40.9 '72.7 126.2 -.3 126.3 -.6 125.7 -.5 125.9 .2 .6 126.5 .5 3.5 126.8 .2 2.9 126.8 0 0 126.5 -.2 -.6 126.6 .1 '-1.9 '126.2 125.4 124.8 124.1 '124.7 108,736 3,411.0 108,887 3,422.6 108,885 3,431.5 108,859 3,412.4 108,971 3,416.2 109,066 3,418.3 109,073 3,410.6 The Coincident Index 920 • • 41 • 51* 47* 57* 951 • Composite index of coincident indicators, 1982=100 (C,C,C) -3.4 Percent change over 3-month span AR -2.9 -9.6 Coincident index components: 109,160 108,902 Employees on nonagricultural payrolls, thous. (C,C,C) .... 108,981 3,420.7 Personal income less transfer payments, bil. 1987$, AR 3,414.8 3,405.2 (C.C.C). 105.7 107.1 Index of industrial production, 1987=100 (C,C,C) 105.0 5,611,146 ' 458,742 '457,352 Manufacturing and trade sales, mil. 1982$ (C.C.C) Diffusion index of 4 coincident indicator components: Percent rising over 1 -month span 47.9 25.0 25.0 39.6 0 50.0 Percent rising over 6-month span 105.5 106.4 107.3 108.1 108.0 465,334 469,205 470,536 474,815 472,276 100.0 50.0 62.5 75.0 108.4 -3.4 108.4 -5.6 108.843 3.398.1 '-6.5 108,882 3,417.6 108.1 107.4 473,720 '473,861 '473,518 464,906 87.5 75.0 62.5 87.5 50.0 62.5 100.0 '37.5 0 0 '25.0 37.5 37.5 113.6 '110.6 3 3 '-2.2 124.7 3 0 -.3 '108,760 '108,867 '108,886 '3,386.7 '3,405.8 '3,407.8 '106.4 '106.9 '472,474 '476,873 '107.2 3 25.0 100.0 109.3 '-1.2 '-8.7 '108.4 '-.3 -6.7 15.3 1.47 16.4 17.0 '1.44 '1.43 '1.6 '1.8 '1.8 '1.8 7.21 6.50 6.50 6.50 3 83.3 0 The Lagging Index Composite index of lagging indicators, 1982=100 (Lg.Lg.Lg) Percent change from previous month Percent change over 3-month span AR * Lagging index components: 91* Average duration of unemployment, weeks (Lg.Lg.Lg) $ . 77* Ratio, mfg. and trade inventories to sales in 1982$ (Lg.Lg.Lg). 62* Change in labor cost per unit of output, mfg., percent, AR, smoothed (Lg.Lg.Lg) t. Average prime rate charged by banks, percent, NSA 109* (Lg.Lg.Lg). Commercial and industrial loans outstanding, mil. 1982$ 101 * (Lg,Lg,Lg). Ratio, consumer installment credit outstanding to 95* personal income, percent (Lg.Lg.Lg). Change in Consumer Price Index for services, percent, 120* AR, smoothed (Lg.Lg.Lg) t. Diffusion index of 7 lagging indicator components: 952 Percent rising over 1 -month span Percent rising over 6-month span • 940* Ratio, coincident index to lagging index, 1982=100 (L.L.L) . 930* 119.3 -.4 0 119.2 -.1 -1.4 -1.4 -1.9 111.4 -.7 111.2 -.2 -7.5 -11.2 -17.5 -14.2 113.1 -.4 -11.9 112.2 -.8 -7.3 -7.5 -6.6 -4.6 110.9 -.3 '-2.8 13.8 1.47 12.9 1.51 13.0 1.50 13.4 1.48 13.1 1.46 14.0 1.45 13.9 1.43 14.1 1.44 14.2 1.44 14.6 1.44 14.9 1.44 114.6 -.6 2.6 8.46 7,1 9.05 6.8 9.00 117.5 115.8 3.8 5.5 9.00 8.50 0 8.50 -.5 8.50 -1.2 8.20 -.3 8.00 -.2 7.58 '-.8 -6.4 385,475 396,573 403,124 397,216 390,773 387,520 389,228 379,222 374,562 373,050 372,429 369,110 15.12 15.39 15.32 15.31 15.18 15.08 15.10 15.02 14.96 14.96 14.97 14.81 '14.84 '14.69 5.6 5.0 4.5 4.0 3.8 3.8 3.9 4.0 4.1 4.3 4.3 4.1 42.9 40.0 '35.7 '28.6 '112.8 113.5 '115.0 4.6 5.9 35.7 16.4 42.9 14.3 28.6 21.4 14.3 0 0 110.3 105.9 105.5 0 107.1 NOTE.-The following current high values were reached before February 1991: November 1983-BCI-32 (67.5) and BCI-99 smoothed (2.09); January 1984-BCI-940 (116.1); February 1984-BCI-29 (158.5); March 1984-BCI83 (97.7) and BCI-92 smoothed (4.61); August 1984-BCI-109 (13.00); March 1986-BCI-77 (1.58); July 1987BCI-5 (286); May 1988-BCI-106 (2,473.4); December 1988-BCI-8 (99.83); April 1989-BCI-1 (41.2); June 1989- 1.9 8.50 4 109.2 7.1 0 111.6 50.0 28.6 0 112.1 0 112.7 21.4 28.6 42.9 42.9 113.6 '113.5 50.0 '28.6 113.1 4 4 108.8 4 .4 17.1 366,734 '368,043 '371.460 4.2 4 60.0 '114.6 BCI-91 (11.1); September 1989-BCI-95 (16.07); October 1989-BCI-930 (120.3); December 1989-BCI-20 (51.59); June 1990-BCU1 (110,435) and BCI-920 (134.6); July 1990-BCI-51 (3.509.8) and BCI-101 (409,650); August 1990-BCI-57 (488,655); and September 1990-BCI-47 (110.6) and BCI-120 smoothed (6.6). See page C-6 for other footnotes. SURVEY OF CURRENT BUSINESS C-2 • April 1992 441 442 451 452 453 1• 21 * 5* 46* 60 48 * 42 41 • 963 40* 90* 37 43* 45 91* 44 Labor force: Civilian labor force, thous Civilian employment, thous Civilian labor force participation rates (percent): Males 20 years and over . Females 20 years and over Both sexes 16-19 years of age Marginal employment adjustments: Average weekly hours, mfg. (L,L,L) Average weekly overtime hours mfg (L C L) Average weekly initial claims for unemployment insurance, thous. (L.C.L)! t Job vacancies: Index of help-wanted advertising, 1967=100 (L.Lg.U) Ratio, help-wanted advertising to unemployed (L.Lg.U) ... Employment: Employee hours in nonagricultural establishments, oil. hours, AR (U.C.C). Persons engaged in nonagricultural activities, thous. (U.C.C). Employees on nonagricultural payrolls, thous. (C.C.C) .... Diffusion index of employees on private nonagricultural payrolls, 356 industries: Percent rising over 1 -month span Percent rising over 6-month span Employees in goods-producing industries, thous. (L,C,U) Ratio, civilian employment to population of working; age, percent (U.Lg.U). Unemployment: Number of persons unemployed, thous. (L,Lg,U)$ Civilian unemployment rate, percent (L.Lg.U) $ Average weekly insured unemployment rate, percent (U4LU)1*. Average duration of unemployment, weeks (Lg.Lg.Lg) $ . Unemployment rate, 15 weeks and over, percent (Lg,Lg,Lg)t 125,303 116,877 125067 116,937 125250 116,834 125644 117,388 125,259 116,730 125,524 116,909 125,204 116,729 125,004 116,484 125,590 117,089 125,508 116,867 125,374 116,772 125,619 116,728 126,046 117,117 126,287 117,043 77.4 57.8 53.0 77.5 57.9 53.0 77.8 58.1 52.3 775 775 774 772 771 57.9 52.0 58.1 51.5 57.8 50.4 57.8 49.5 77.5 57.8 51.5 772 57.9 51.7 57.8 51.7 57.7 51.4 77.0 57.9 51.1 77.0 58.2 51.6 40.7 40.3 40.3 40.8 40.7 41.0 41.0 40.9 41.0 41.1 40.8 41.1 33 472 3.3 499 402 3.3 467 40.4 3.6 444 3.7 434 3.7 411 38 431 37 422 3.7 436 3.8 435 36 424 "37 427 90 .286 773 93 .329 97 .355 34 443 94 37 435 .336 .342 .328 .331 .323 .318 .322 .303 .308 .301 85 283 95 95 96 92 91 92 88 89 126,590 117,348 77.1 77.3 58.5 50.5 582 52.1 '41.1 A»37 431 89 P93 '.299 200.99 201.30 200.71 199.66 200.76 201.73 199.81 200.94 202.10 201.12 201.21 201.48 '200.34 r 202.55 '202.12 113,644 113,700 113,710 114,201 113,474 113,623 113,485 113,230 113,806 113,663 113,500 113,545 113,951 113,811 114,155 108,981 109,160 108,902 108,736 108,887 108,885 108,859 108,971 109,066 109,073 108,843 108,882 45.3 39.4 23,819 36.9 31.2 38.6 29.5 24,039 23,877 38.5 34.3 23,794 51.1 41 2 23,847 45.8 458 23,792 51.3 499 23,798 54.8 449 23,826 50.0 46.5 23,797 48.3 r 433 23,727 44.1 ''402 23,595 45.9 '39.6 23,552 ' 108,760 '108,867 '108,886 ''48.5 '48.0 '23,490 '23,492 M2.8 ' 23,506 61.6 61.8 61.7 62.0 61.6 61.6 61.5 61.3 61.6 61.4 61.3 61.2 61.4 61.3 61.4 8,426 6.7 3.1 8,130 6.5 3.1 8,416 6.7 3.3 8,256 6.6 3.3 8,529 6.8 32 8,615 6.9 32 8,475 6.8 3.1 8,520 6.8 3.1 8,501 6.8 3.1 8,641 6.9 3.1 8,602 6.9 3.1 8,891 7.1 3.1 8,929 7.1 32 9,244 7.3 3.1 9,242 7.3 3.1 13.8 12.9 13.0 13.4 13.1 14.0 13.9 14.1 14.2 14.6 14.9 15.3 16.4 17.0 17.1 1.9 1.6 1.7 1.7 1.8 2.0 1.9 1.9 1.9 2.0 2.1 2.3 2.4 2.5 2.5 3. OUTPUT, PRODUCTION, AND CAPACITY UTILIZATION 55* 50 49 47* 73* 74* 75* 124 82* Output: Gross domestic product, bil. 1987$, AR (C.C.C) Percent change from previous quarter AR Gross national product, bil. 1987$, AR (C.C.C) Value of domestic goods output bil 1987$ AR (C C C) Industrial production indexes, 1987=100: Total (CCC) Durable manufactures (C.C.C) Nondurable manufactures (C,L,L) Consumer goods (C L C) Capacity utilization rates (percent): Total industry (L.C.U) Manufacturing (L,C,U) 4,848.8 -7 4 8602 1 9290 4,824.0 -25 4,843.7 1 9170 4,840.7 14 4,847.8 1 9220 4,862.7 18 4 872.0 1 9405 1071 1057 1050 1055 1064 1073 1081 107.1 106.1 106.0 105.0 105.4 106.0 105.9 106.7 106.5 107.3 107.6 108.1 107.8 108.4 1047 1047 1055 1066 1080 1086 1083 1090 1084 1096 1094 79.1 78.0 78.4 77.2 79.8 78.6 79.9 1079 1075 79.4 782 78.6 77.5 79.1 77.8 79.6 78.3 80.0 78.7 1080 '4,891.9 '20 4,868.0 4 4877.3 1 9364 1084 788 1084 1082 110.1 1097 79.8 78.7 ' 1 939 5 1081 1074 107.8 109.6 110.0 '107.1 '109.5 '1091 79.3 782 78.7 77.7 '1064 105.8 '109.0 '1080 '1069 '106J '109.1 '1085 '1072 '106.8 '109.3 '1090 '77.8 '76.9 '78.0 '77.1 '78.1 '77.0 4. SALES, ORDERS, AND DELIVERIES 57* 59* 7* 8* 92* 32* Sales' Manufacturing and trade sales, mil. 1982$ (C.C.C) Sales of retail stores mil 1982$ (U L U) Orders and deliveries: Mfrs.' new orders, durable goods, bil. 1982$ (L.L.L) Mfrs.' new orders, consumer goods and materials, bil. 1982$ (L.L.L). Mfrs.' unfilled orders, durable goods, mil. 1982$0 Change from previous month bil 1982$ Change from previous month, bil. 1982$, smoothed (L,L,L)t. Vendor performance, slower deliveries diffusion index, percent (L.L.L). 5,611,146 '458,742 '457,352 1 439 986 '119413 '120626 465,334 119815 469,205 120719 470,536 120666 474,815 121295 472,276 120 190 473,720 '473,861 '473,518 120488 120255 119800 96.04 85.14 91.52 82.22 94.81 87.69 96.68 89.78 95.46 87.59 106.62 9325 102.27 93.05 97.84 93.30 100.35 92.78 100.77 '91.85 398,184 415,953 09 -1 55 -1.44 -1.11 412,651 409,051 406,602 402,429 408,824 640 -1.64 408,991 17 405,020 402,510 400,145 1,17428 1,068.50 47.3 44.1 -330 -360 -245 -417 -1.31 -1.73 -2.08 -2.56 43.5 44.9 45.9 47.1 50.4 -397 -.82 -251 -236 -.86 -1.02 -1.32 48.8 49.4 50.3 50.6 464,906 119843 95.53 87.63 '472,474 '476,873 '122661 '123792 '122937 '97.66 '90.88 '97.86 '89.46 '99.02 '89.14 398,184 '396,686 '392,246 '390,071 '-444 '-218 -1 96 -1 50 '-2.44 -2.17 -1.58 -1.72 49.5 48.7 48.0 49.5 5. FIXED CAPITAL INVESTMENT 12* 13* 10 20* 27* 9* 11 97 61 100* Formation of business enterprises: Index of net business formation, 1967=100 (L.L.L) Number of new business incorporations (L,L,L) Business investment commitments: Contracts and orders for plant and equipment, bil.$ (U,L). Contracts and orders for plant and equipment, bil. 1982$ (L,L,L). Mfrs.' new orders, nondefense capital goods, bil. 1982$ (UL.L). Construction contracts awarded for commercial and industrial buildings, mil. sq. ft. (L,C,U)©2. New capital appropriations mfg bil.$ (U Lg U) Backlog of capital appropriations, mfg., bil.f (C Lg.LgjO . Business investment expenditures: New plant and equipment expenditures by business bil.$, AR (C.Lg.Lg). New plant and equipment expenditures by business bil. 1 9875, AR(C.Lg.Lg). 115.4 629,901 114.9 50,384 51,536 115.0 52,235 421.51 '38.28 '35.94 33.44 32.07 523.09 '45.09 '43.70 40.82 41.22 489.22 41.54 40.56 37.12 38.04 532.30 54.86 44.82 51.98 47.11 1142 32.08 116.1 52,071 100.28 115.5 52,284 '115.4 '53,892 '116.0 54,165 '114.7 '52,898 115.5 52,803 116.1 53,315 32.00 4026 34.32 33.04 34.76 37.75 31.75 '35.37 '35.43 '37.02 41.33 47.85 43.64 41.10 '44.58 47.45 '40.27 46.07 '46.19 '48.06 3920 45.06 41.03 38.82 41.70 45.19 38.02 '43.12 '42.66 '4526 36.51 39.12 4228 33.96 52.08 39.50 39.94 39.37 46.93 41.43 32.06 '3329 98.12 '9912 529.20 535.50 524.57 52786 '52888 ra 492.97 496.29 48706 '49241 '496.14 '"512.32 NOTE—The following current high values were reached before February 1991: November 1983—BCI-32 (67.5); March 1984-BCI-92 change (8.62) and BCI-92 smoothed (4.61): September 1985-BCI-9 (93.19): December 1986BCI-13 (65.691): July 1987-BCI-5 (286); November 1987-BCI-46 (162); December 1988-BCI-7 (115.44), BCI-8 (99.83). and BCI-60 (0.736); January 1989-BCUO (25,406) and BCI-82 (85.1); February 1989-BCI-21 (4.0); March 1989-BCI-12 (126.5), BCI-37 (6,189), and BCI-43 (5.0); 1st Q 1989-BCI-11 (50.01); April 1989-BCI-1 (412) and BCI-124 (85.0); May 1989-BCI-45 (2.0); June 1989-BCI-44 (1.0) and BCI-91 (11.1); 2d 0 1989-BCI-97 (117.90); 115.7 52,327 544.99 August 1989-BCI-59 (124,761); December 1989-BCI-10 (46.27), BCI-20 (51.59), and BCI-27 (46.54); March 1990-BCI-90 (63.1); May 1990-BCI-42 (115.095) and BCI-92 level (423.364); June 1990-BCI-41 (110.435) and BCI-48 (205.18); 2d Q 1990-BCI-49 (1,973.8); August 1990-BCI-57 (488.655); September 1990-BCI-47 (110.6) and BCI-73 (113.8); and 3d Q 1990-BCI-50 (4,909.2) and BCI-55 (4,903.3). See page C-6 for other footnotes. SURVEY OF CURRENT BUSINESS Series no. Series title and timing classification Year April 1992 • 1992 1991 1991 Feb. Mar. Apr. May July | June C-3 | Aug. | Sept. Oct. Nov. | Dec. Jan. | Mar. * Feb. 5. FIXED CAPITAL INVESTMENT-Continued 69 • 76* 86 * 87* 88* 28* 29* 89* Business investment expenditures—Continued: Mfrs.' machinery and equipment sales and business construction expenditures, bil.S, AR (C.Lg.Lg). Index of industrial production, business equipment, 1987=100 (C,Lg,U). Gross private nonresidential fixed investment, bil. 1987$, AR: Total (C Lg C) Structures (Lg,Lg,Lg) Producers' durable equipment (C,Lg,C) Residential construction and investment: New private housing units started, thous., AR (L,L,L) Index of new private housing units authorized by local building permits, 1967=100 (L,L,L). Gross private residential fixed investment bil 1987$ AR 456.69 463.83 451.72 459.92 456.48 462.64 448.81 453.88 456.47 '465.94 '466.60 121.5 120.6 120.3 121.3 121.7 121.9 122.5 121.3 122.2 122.3 121.8 5124 1540 3583 5191 1633 3558 1,014 76.2 1,008 69.9 1752 1707 918 71.1 978 72.8 983 77.0 1,036 79.7 1,053 80.1 1,053 76.0 1,020 78.3 1,085 82.0 '445.02 '119.8 1,085 79.2 * 453.56 121.2 '121.4 '5037 '142.2 '361.5 1,118 84.1 '1,180 88.6 '1,283 93.0 '1,365 87.2 '1885 181 7 1765 1720 121.4 5056 145.4 360.1 5100 1484 3616 5148 1589 3558 '437.01 (L,L,L). 6. INVENTORIES AND INVENTORY INVESTMENT 70 77* Inventories on hand: Mfg. and trade inventories, bil. 1982$ (Lg,Lg,Lg)0 Ratio mfg and trade inventories to sales in 1982$ 30* 31* Inventory investment: Change in business inventories, bil. 1987$, AR (L,L,L) ... Change in mfg. and trade inventories, bil.$, AR (L,L,L) .. (Lg,Lg,ig). 683.99 147 693.86 1 51 687.70 1 50 687.21 148 683.63 1 46 680.76 1 45 680.67 143 680.11 1 44 -13.9 -8.7 -32.8 '-32.9 '-95.7 -32.7 -304 -62.2 -55.3 -3.6 682.97 1 44 683.08 1 44 -1.8 37.7 38.8 10.5 33.4 '-44.3 '0 116.11 .1 683.99 147 '681.14 '680.80 '1 44 '1 43 681.05 1 44 7.6 '-26.1 7, PRICES Sensitive commodity prices: Index of sensitive materials prices, 1982=100 99* 98 23* 336 + 337 4 334 333 * 332 • 331 * 4 311 4 320 4 323 4 120* Percent change from previous month Percent change from previous month, smoothed (L,L,L)t. Index of producer prices for sensitive crude and intermediate materials, 1982=100 (L,L,L). Cattle hides Lumber and wood products . ... Wastepaper, news Wastepaper mixed NSA Wastepaper corrugated Iron and steel scrap Copper base scrap Aluminum base scrap Other nonferrous scrap n e e NSA Sand gravel and crushed stone Raw cotton Domestic apparel wool Index of spot market prices, raw industrial materials, 1967=100, NSA (U.L.L)©1. Copper scrap $ per Ib © Lead scrap, $ per Ib.© Steel scrap $ per ton © Tin, $ per Ib NSA© Zinc $per Ib NSA© Burlap $ per yd., NSA © Cotton, $ per Ib.© Print cloth, $ per yd., NSA© Wool tops, $ per Ib., NSA© Hides, $ per Ib., NSA© Rosin $per100lb.© Rubber $ per Ib © Tallow $ per Ib. © Producer Price Indexes: Finished goods 1982-100 Percent change over 1 -month span Percent change over 6-month span, AR Finished goods less foods and energy, 1982=100 Percent change over 1 -month span Percent change over 6-month span AR Finished consumer goods 1982=100 Percent change over 1 -month span Percent change over 6-month span, AR Capital equipment 1982=100 Percent change over 1 -month span Percent change over 6-month span AR Intermediate materials, supplies, and components, 1982=100. Percent change over 1 -month span Percent change over 6-month span, AR Crude materials for further processing, 1982=100 Percent change over 1 -month span Percent change over 6-month span AR Fixed-weighted price index gross domestic business product, 1987=1 00 §. Percent change from previous quarter AR § Consumer Price Indexes for all urban consumers: All items 1982-84=100 NSA Percent change over 1 -month span Percent change over 6-month span AR All items less food and energy 1982-84=100 Percent change over 1 -month span Percent change over 6-month span AR Services. 1982-84=100... Percent change from previous month. AR Percent change from previous month, AR, smoothed (Lg,Lg,Lg)i. 119.48 122.66 121.60 121.31 -86 -24 -.66 -.72 -.69 -.56 119.92 -.32 -.50 118.20 -143 -.60 116.63 -133 -.75 115.94 -.59 -.82 '116.20 '.22 '-.72 116.35 '.13 -.55 116.07 -57 -.65 121.25 -.05 -.59 120.30 -51 136.16 138.08 137.01 136.25 136.39 136.68 136.60 134.47 134.59 134.66 '134.82 173.4 1321 101.8 196.8 1281 108.6 187.4 1282 113.6 184.0 1282 112.7 174.3 131 0 110.0 171.6 1354 105.3 161.4 1326 95.9 155.5 1333 92.3 157.1 1337 91.6 '163.7 '1343 '94.1 '529 '1518 '146.4 '1639 '125.6 '1263 '129.6 640 745 753 763 748 634 1653 147.6 1700 142.8 1358 1287 1160 1812 152.4 1773 160.4 1461 1281 131 7 1770 151.0 1735 154.8 1442 128.1 131 6 1750 146.0 1708 143.3 1405 1281 1336 1682 138.9 1684 131.3 1321 1282 1231 587 581 675 755 283.0 1838 155.0 1826 165.8 1464 128.5 1333 '660 293.9 292.4 294.7 290.2 285.4 1622 1351 98.5 61 5 1625 142.2 167.2 139.4 1329 128.7 1149 79.0 279.8 848 .156 96257 3.417 916 .181 99902 3.252 .889 .193 100200 3.202 886 .192 99001 3.224 826 .180 95286 3282 846 .148 90292 3.285 .865 .129 89749 3.506 620 288 736 686 601 282 652 288 620 288 620 288 620 288 .698 .834 4.172 .847 60.226 .457 .822 .782 4.600 .858 58.766 .484 .795 .810 4.260 .958 61.538 .453 124 135 .809 .820 4.300 .992 59.701 .449 .121 .832 4.525 .965 60362 .446 130 .795 .810 4.312 .868 58.997 .492 .132 121 7 121 6 -24 .03 -.40 -26 117.86 1.51 .06 135.52 135.54 138.98 14128 164.0 136.1 91.7 51 3 155.6 143.3 165.7 123.2 1240 129.9 168.7 1381 89.8 172.5 142.6 89.3 166.2 145.0 84.8 530 525 523 151.3 137.3 161.9 136.9 1278 129.2 152.7 142.9 161.5 141.7 1336 130.5 874 848 66.9 2692 1556 137.1 1549 124.7 1223 129.7 91 9 72.5 265.6 '72.5 262.8 '72.5 268.0 .808 .137 96907 3.555 .784 .141 98319 3.545 .825 .149 90326 3.677 .854 .161 89.321 3.769 .827 .168 89510 3.756 549 544 537 1541 142.9 1656 139.6 1325 129.0 1029 1461 147.0 1649 128.5 1275 129.4 948 957 276.9 1430 145.8 1609 133.9 1299 129.2 1059 72.5 271.9 271.7 66.0 271.0 863 .126 91 707 3.645 811 .123 95755 3.628 .817 .138 97097 3.585 726 999 670 620 288 598 284 518 272 505 272 546 271 593 271 573 271 562 271 .642 .855 3.962 .772 61 856 .431 .639 .880 3.852 .742 61287 .437 144 137 .591 .880 3.670 .752 60.914 .457 .136 .563 .880 3.738 .755 59.880 .469 117 .678 .850 4.270 .880 61.350 .427 .124 132 .567 .816 3.980 .710 58.997 .460 .126 .552 .782 3.888 .706 59.172 .435 .122 .529 .730 3.775 .678 58.997 .429 .120 .271 .529 .758 4.040 .696 59.113 .434 .124 121 5 1218 1221 1222 1221 122.3 2 8 -.1 8 122.0 2 12 .1 8 121 7 2 -.3 2 2 131.7 3 132.0 2 1322 2 132.5 2 132.9 3 133.0 1 133.3 2 120.1 120.5 120.7 128.0 128.0 128.3 1212 1214 121 6 1214 121.2 -.7 -.3 .2 -2 -.2 1.2 131.0 3 -1 1 , 130.2 2 .2 -20 -.2 -1.5 129.9 2 130.6 3 130.8 2 28 41 36 23 22 23 22 22 26 28 26 24 1205 1206 1200 1202 1201 119.8 1202 1208 1209 1207 -2.5 1262 -2.9 126.2 -2 1.0 3 .8 1204 -5 2 1204 -8 1266 1267 1269 127.1 1273 1275 1277 .3 .1 126.8 16 114.0 14 114.2 2 1.6 2 19 2 1.7 113.8 114.1 114.3 114.0 '114.0 -1 -2.9 100.9 5 -.3 -2 '0 -.5 -.9 -.4 -.7 99.3 -1 6 99.3 99.1 _2 100.5 21 100.4 -1 98.3 -21 -99 -45 .2 98.4 -7 -2.0 .6 -10 0 .1 -1 -.6 1267 -2.9 125.9 2 -.7 10 130.8 o -2 .7 131.1 2 .1 1.8 10 131.3 2 .1 1.4 2 1.0 3 .5 1 .5 -2 .5 -5 3 .2 22 2 3.7 .2 34 0 1.8 114.4 115.8 114.5 114.1 -2 -2.3 101.2 -1 0 -105 -.5 -6.3 104.4 -78 -264 -1.1 -4.4 100.7 -35 -203 -.3 -4.4 100.4 -3 -23.1 1172 '1161 '1170 '117.7 '118.2 '119.0 36 '47 '32 '24 '20 '2.5 1362 134.8 .2 30 .1 29 1421 140.5 2 -.4 o 135.2 .1 29 135.6 136.0 .2 22 .2 25 .3 30 .1 3.0 1409 141.3 141.6 142.0 142.4 135.0 136.2 .3 -10 .2 -.3 -32 '0 2 2 19 113.9 113.3 '-1 0 601 2 2 113.9 -.5 .5 97.7 -6 99.4 17 113.9 0 97.9 -1 5 136.6 137.2 137.4 137.8 137.9 138.1 139.3 .4 31 2 31 .4 31 2 34 .1 138.6 .3 33 1439 144.4 144.7 145.1 145.7 146.4 143.0 143.6 3 .5 .4 42 .6 51 .3 50 .3 41 .2 36 .3 39 .3 37 .4 40 .4 38 2 38 .3 38 2 39 .3 .4 .5 146.3 4.6 144.4 5.1 144.8 3.4 145.1 2.5 145.5 3.4 145.9 3.3 146.5 5.0 147.0 42 147.6 5.0 148.1 4.1 148.6 4.1 149.2 5.0 149.7 4.1 150.0 2.4 150.7 5.7 4.6 5.9 5.6 5.0 4.5 4.0 3.8 3.8 3.9 4.0 4.1 4.3 4.3 4.1 4.2 NOTE—The following current high values were reached before February 1991: November 1983—BCI-99 smoothed (2.09); February 1984-BCI-28 (2,260) and BCI-29 (158.5); 1st Q 1984-BCI-30 (79.9); 2d Q 1985-BCI-87 (199.1); March 1986-BCI-77 (1.58); 3d Q 1986-BCI-89 (231.3); October 1986-BCI-99 change (3.37); December 1988BCI-31 (98.6); March 1989-BCI-99 index (135.83); April 1989-BCI-23 (335.0); November 1989-BCI-70 (705.14); February 1990-BCI-69 (484.43); August 1990-BCI-98 (142.13); September 1990-BCI-76 (126.4) and BCI-120 -78 smoothed (6.6); 3d Q 1990—BCI-86 (555.5) and BCI-88 (375.5); and January 1991—BCI-120 change (9.7). See page C-6 for other footnotes. C-4 • April 1992 SURVEY OF CURRENT BUSINESS 1992 1991 Year Series no. Series title and timing classification Feb. 1991 Mar. I Apr. | May | June Aug. July | Sept. | Oct. | Nov. | Dec. Jan. Feb. Mar. * 8. PROFITS AND CASH FLOW Profits and profit margins: Corporate profits after tax bit $ AR (L L L) Corporate profits after tax bil 1987$ AR(LLL) Ratio corporate domestic profits after tax to corporate domestic income, percent (l.L.L). Ratio, corporate domestic profits after tax with IVA and CCAdj to corporate domestic income, percent (U.L.L). Ratio, implicit price deflator to unit labor cost, all persons, nonfarm business sector, 1982=100 (L.L.L). Corporate net cash flow bil. 1987$ AR (L L,L) 16* 18* 22* 81 • 26* 35 1879 1622 1827 1578 1897 1648 46 44 '1897 r 1628 47 1896 1634 46 48 4.4 4.2 4.5 4.3 4.7 102.6 102.5 102.4 102.6 102.8 3922 3853 3837 3953 r 404.4 9. WAGES, LABOR COSTS, AND PRODUCTIVITY Wages and compensation: Index of average hourly compensation all employees nonfarm business sector, 1982=100. Percent change from previous quarter AR Index of real average hourly compensation all employees, nonfarm business sector, 1982=100. Percent change from previous Quarter AR Wages and salaries in mining, mfg., and construction, bil. 1987$, AR(C,C,C). 345 346 53 • Unit labor costs: Index of unit labor cost, all persons, business sector 1982=100 (Lg.Lg.Lg). Index of labor cost per unit of output, mfg., 1987=100 . Percent change from previous month, AR Percent change from previous month, AR, smoothed (Lg,Lg,Lg)t. Productivity: Index of output per hour all persons business sector 1982=100. Percent change over 1 -quarter span AR Percent change over 4-quarter span AR Index of output per hour, all persons, nonfarm business sector, 1982=100. 63 62* 370 + 358 • 1434 141 6 1431 1441 1451 40 101.6 27 101.3 46 101.8 26 101.7 1016 -2 607.2 -5 609.9 131.9 131.0 107.1 .9 2.6 107.0 3.4 7.1 1100 1094 1099 _1 5 107.9 19 13 108.4 2 108.4 20 607.5 604.0 604.5 107.4 4.6 6.8 107.3 107.1 -1.1 -2.2 607.9 607.8 106.9 -22 1.9 106.5 131.8 -1 609.6 608.0 609.4 106.6 -33 107.3 8.2 -.3 132.3 3.8 5.5 28 -4.4 0 -7 6002 603.9 '594.7 '595.6 "5952 '108.1 r 13.1 '107.6 '-5.4 '107.7 P 107.9 132.6 106.9 4.6 -.5 -1.2 107.0 -3.3 -.2 '1.6 '1.8 '1.1 '1.8 />23 "1.8 1108 1102 11 22 109.1 1086 10. PERSONAL INCOME AND CONSUMER ATTITUDES Personal income: Personal income, bil 1987$ AR (CCC) Personal income less transfer payments, bil. 1987$, AR (C.C.C). Indexes of consumer attitudes: Consumer sentiment, U. of Michigan, 1966:1=100, NSA (L.L.L)©1. Consumer expectations, U. of Michigan, 1966:1=100, NSAO-.UL)© 1 . Consumer confidence, The Conference Board, 1985=100 (L,L,L). Consumer expectations, The Conference Board, 1985=100 (L.L.L). 52 51 * 58 83 • 122 123* 4051 1 3,414.8 40281 3,405.2 40486 3,420.7 4,040.5 3,411.0 40550 3,422.6 4,065.3 3,431.5 4,047.8 3,412.4 4,055.3 3,416.2 40573 3,418.3 4,059.0 3,410.6 40441 3,398.1 4 077.5 3,417.6 '4,065.1 '4,088.3 "4,090.6 '3,386.7 '3,405.8 "3,407.8 76.0 77.6 70.4 87.7 81.8 78.3 82.1 82.9 82.0 83.0 78.3 69.1 68.2 67.5 68.8 70.3 62.0 84.5 74.7 71.5 75.9 74.4 75.3 76.4 70.5 61.9 61.5 59.1 61.8 70.3 68.5 59.4 81.1 79.4 76.4 78.0 77.7 76.1 72.9 60.1 52.7 52.5 50.2 47.3 56.5 85.8 63.6 100.7 99.7 95.5 100.9 100.3 96.8 95.4 79.5 69.7 72.6 68.7 63.5 76.7 7152 7469 6604 11. SAVING Gross saving, bil.$ AR Business saving bil $ AR Personal saving bil.$ AR Government surplus or deficit bil $ AR Personal saving rate, percent 290 295 292 298 • 293* 6676 2193 -171 6 52 2126 -126 1 5.1 7131 6972 6634 2288 -1791 5.4 6631 2125 '7038 '6833 2234 '-202 9 52 -1784 5.0 "205.6 "4.7 12. MONEY, CREDIT, INTEREST RATES, AND STOCK PRICES 85* 102* 105 106* 107 108 93 94 112* 113* 111 110* 14 39 x Money: Percent change in money supply M1 (L L,L) Percent change in money supply M2 (L,C,U) Money supply M1, bil. 1982$ (L,L,L) Money supply M2, bil. 1982$ (L,L,L) Velocity of money: Ratio gross domestic product to money suppy M1 Ratio! personal income to money supply M2 (C.Lg.C) .. Bank reserves: Free reserves mil $ NSA (L U U) $ Member bank borrowings from the Federal Reserve, mil.$, NSA (L.Lg.U). Credit flows: Net change in business loans, bil $ AR (L,L L) Net change in consumer installment credit, bil.S, AR (LL.L). Percent change in business and consumer credit outstanding, AR (L.L.L). Funds raised by private nonfinancial borrowers in credit markets, mil.$, AR (L,L,L). Credit difficulties: Current liabilities of business failures, mil.$, NSA (1,1,1) ±. Percent of consumer installment loans delinquent 30 days and over (L,L,L)Ot .73 .52 601.6 2,4192 .05 '23 600.6 '2,419.6 1.413 1.412 1.412 882 373 1 590 252 991 241 -3946 -5.68 -3314 -2.41 43.75 -3.84 -12 -2.4 .70 .25 609.2 2,409.4 121 .76 598.1 2,4102 6595 6694 1.421 -5.6 203,292 .75 .18 608.0 2,419.7 609.5 2,414.9 .31 1.417 1.420 1.418 886 231 815 303 676 340 -91.91 14.15 -6624 -15.97 -50.14 -20.38 -3.3 297,996 -62 .76 .06 611.9 2,407.8 .17 618.6 2399.9 1.424 1.428 1.429 1.421 1.432 '1.425 '1.428 345 607 622 764 586 645 834 261 785 108 788 192 771 233 990 77 985 -7.55 -13486 -10.25 -6948 .53 -4625 '.64 '4024 "-2.39 -13.5 '-9.3 '-42 ".7 1.02 -8.8 210,120 1.35 ".84 "6269 -763 -868 13.98 -2.04 -6850 ^8.74 '-2.0 -2.6 '-5.7 133,260 2.25 '26 '.78 "-.05 647.7 "649.6 635.2 '2,406.3 '2,418.3 "2,403.6 6448 6591 -7.9 1.19 .76 24 .40 6272 623.8 '2,401.1 '2,401.8 .63 .06 613.7 2,400 8 -.13 6648 "1.437 "941 "91 "4760 "171,792 "11,9972 "7,317.7 "5,069.1 "12,248.0 "4,930.5 "4,734.1 "3,202.1 "5,963.0 "10,1262 "4,582.8 258 253 267 265 NOTE.—The following current high values were reached before February 1991: January 1983—BCI-102 (2.82); May 1983-BCM23 (124.3); July 1983-BCI-14 (8292); February 1984-BCI-39 (1.78); March 1984-BCI-58 (101.0) and BCI-83 (97.7); 1st Q 1984-BCI-22 (7.0); May 1984-BCI-93 (-2,380); June 1984-BCM11 (232); August 1984-BCI-94 (8,017); 4th Q 1984-BCM07 (7.058); September 1985-BCM13 (132.08); 3d Q 1985-BCI-81 (8.3); 4th Q 1985-BCI-110 (978,568); 1st Q 1986-BCI-26 (105.1); December 1986-BCI-85 (2.50); May 1988-BCI-106 .97 '.32 6052 2,4222 265 273 279 279 274 258 262 258 (2,473.4); October 1988-BCI-53 (6712); 4th Q 1988-BCM6 (226.0), BCI-18 (215.1). and BCI-35 (460.4); February 1989-BCM22 (120.7); May 1989-BCM12 (119.74); July 1990-BCI-51 (3.509.8) and BCI-52 (4,107.1); and December 1990-BCI-62 change (282). See page C-6 for other footnotes. SURVEY OF CURRENT BUSINESS Series no. Year April 1992 • 1992 1991 Series title and timing classification Feb. | Mar. | Apr. 1991 May June July C-5 Aug. | Sept. Oct. Nov. | Dec. Jan. Feb. | Mar. * 12. MONEY, CREDIT, INTEREST RATES, AND STOCK PRICES-Continued 66 72 101 * 95* 119* 114* 116* 115* 117 118 109* 19* Outstanding debt: Consumer installment credit outstanding, mil.$ (Lg,Lg,Lg)o. Commercial and industrial loans outstanding, mil.$, (Lg,Lg,Lg). Commercial and industrial loans outstanding, mil. 1982$ (Lg.Lg.Lg). Ratio, consumer installment credit outstanding to personal income, percent (Lg.Lg.Lg). Interest rates (percent, NSA): Federal funds rate (L Lg Lg) Discount rate on new 91-day Treasury bills (C,Lg,Lg) Yield on new high-grade corporate bonds (Lg.Lg.Lg) Yield on long-term Treasury bonds (C.Lg.Lg) Yield on municipal bonds, 20-bond average (U.Lg.Lg) .... Secondary market yields on FHA mortgages (Lg.Lg.Lg) . Average prime rate charged by banks (Lg.Lg.Lg) Index of stock prices. 500 common stocks, 1941-43=10, NSA (L.L.L). -729,473 ' 729.274 732,762 732,442 733,621 732,289 730,591 729,962 729,108 729,152 730,317 730,147 729,420 449,234 464,784 468,430 460,771 455,251 451,073 451,894 440,656 434,866 434,230 433,507 427,799 423,945 - 427,298 '431,265 385,475 396,573 403,124 397,216 390,773 387,520 389,228 379,222 374,562 373,050 372,429 369,110 366,734 - 368,043 P 371 ,460 15.12 15.39 1531 1518 14.96 14.97 14.81 569 625 612 591 578 590 582 566 545 521 481 5.41 9.05 8.16 6.92 9.25 8.46 5.95 9.14 5.91 9.14 5.67 9.07 5.51 9.13 5.60 9.37 5.58 9.38 5.39 8.88 5.25 8.79 5.03 8.81 812 838 829 833 854 850 817 796 788 6.91 9.57 9.05 7.10 9.61 9.00 7.02 9.61 9.00 6.95 9.62 8.50 7.13 9.71 8.50 7.05 9.59 8.50 6.90 9.14 8.50 6.80 9.06 8.20 6.68 8.71 8.00 4.60 8.72 7.83 6.73 8.69 7.58 377.99 378.29 729,420 376.18 362.26 1532 372.28 379.68 1508 1502 1510 1496 r 14.84 ' 14.69 443 403 406 398 4.12 8.55 7.58 6.69 8.10 7.21 3.84 8.36 7.48 6.54 8.72 6.50 3.84 8.65 7.78 6.74 8.74 6.50 4.05 8.62 7.93 6.76 8.85 6.50 412.56 407.36 380.23 389.40 387.20 386.88 385.92 388.51 416.08 9355 9,385 10,201 10,804 16848 5,517 9,758 -88.1 11 134 -7,811 -86.9 13. NATIONAL DEFENSE 525 548 557 570 564* Defense Department prime contract awards mil $ Manufacturers' new orders, defense products, mil.$ Index of industrial production, defense and space equipment, 1987=100. Employment, defense products industries, thous. .-. Federal Government purchases national defense bil $ AR 96,822 13411 7,922 11480 6,692 6041 7,790 14379 9,531 10276 8,281 91.1 94.5 93.9 92.5 91.5 91.0 1,140 3235 1,173 3323 1,167 1,157 1,148 3284 1,137 90.0 . 1,128 ' 1 1 262 -6,360 '6,858 -86.3 '85.8 8,306 5,153 89.8 89.1 89.1 88.8 1,127 3223 1,122 1,118 1,110 311 0 1,105 -1,098 "1,093 '3150 34379 35345 3,229 7609 42282 3,958 6161 37,111 3,291 7656 43,434 4,041 6,150 36,937 3,478 7996 41,109 3,736 5,941 '108,061 f 126,723 '-18,662 35,886 3,660 7,749 41,886 3,968 5,539 -35,405 3,292 7,352 -41,355 3,391 6,066 37,814 3,610 7,948 41,198 3,312 5,644 1084 1084 1081 1074 -1064 117 109 100 -1088 111 123.9 117 111 101 -1066 111 123.8 118 110 100 -1125 109 122.0 113 109 100 -1056 '99 '1098 -979 -971 -966 -951 '953 1372 1374 1378 1379 14. EXPORTS AND IMPORTS 602 604 606 612 614 616 618* 620* 622 Exports, excluding military aid shipments, mil.$ Exports of domestic agricultural products, mil.$ Exports of nonelectrical machinery mil $ General imports, mil.$ Imports of petroleum and petroleum products, mil.$ Imports of automobiles and parts, mil.$ Merchandise exports adjusted excluding military, mil.$ l . .. Merchandise imports, adjusted, excluding military, mil.$ l .... Balance on merchandise trade, mil.$ l 422,532 33599 38,449 3,274 89427 6977 487,870 39,103 50,154 4,002 68,941 5,398 416,517 100,549 490,103 119,087 -73,586 -18,538 34030 3,042 6947 38100 4,000 5,480 35632 3,042 7732 40139 4,195 5,553 35,270 3,058 7440 40062 4,303 5,202 103,889 119,426 -15,537 34974 3,057 7439 38764 4,352 5,464 35225 3,261 7555 41 176 4,141 5,860 3154 7258 40910 4',381 6,314 104018 124867 -20,849 15. INTERNATIONAL COMPARISONS 47* 721 * 728* 725* 726* 722* 727* 723* 320 738 * + 735 736 * 732 * 737 * 733 * • 19* 748* 745* 746* 742* 747* 743* 750* 758* 755* 756* 752* 757* 753* Industrial production indexes (1987=100): United States OECD European countries2 Japan Federal Republic of Germany France United Kinodom Sy • Canada Consumer price indexes (1982-84=100): United States NSA Percent change over 6-month span, AR Japan NSA Percent change over 6-month span AR Federal Republic of Germany NSA Percent change over 6-month span, AR France, NSA Percent change over 6-month span, AR United Kingdom NSA Percent change over 6-month span, AR Italy NSA Percent change over 6-month span, AR Canada NSA Percent change over 6-month span AR Stock price indexes (1967=100, NSA): United States Japan Federal Republic of Germany France . ... United Kingdom Italy Canada Exchange rates: Exchange value of U.S. dollar, index: March 1973=100, NSA?. Foreign currency per U.S. dollar (NSA): Japan (yen) Federal Republic of Germany (d. mark) France (franc) United Kingdom (pound) Italy (lira) Canada (dollar) 1071 1057 1050 1055 1064 110 124.1 118 110 100 111 125.7 118 109 101 •-1093 110 123.0 118 107 101 -1095 -956 -953 109 123.3 118 110 99 -1044 964 110 126.0 117 110 98 -1062 970 134.8 2.9 1350 1352 1356 1150 1135 1140 1160 1143 1142 1372 2.1 135.7 2.1 3.4 135.8 2.4 1363 1538 1544 1564 1081 967 1362 3.0 29 2.9 1569 4.2 1699 59 1431 28 4092 1,668.4 317.0 4.8 2.9 23 5.0 1670 1674 6.5 141 7 66 1423 6.8 72 2.2 1147 7 1147 5.0 2.5 4.9 1682 6.1 1423 2.5 1153 14 1152 5.1 1366 2.4 1569 4.6 1688 5.6 1430 -973 1360 1362 121 110 101 -111 5 3.0 1148 2 1158 59 1369 31 1576 43 1697 55 1437 30 1147 23 1168 60 1374 34 1572 42 1699 57 1438 21 11 411 5 1,712.1 3393 1,6399 1 1680 342.0 3920 411 2 1,776.2 327.9 8407 1 1583 331 6 4007 95.18 3921 3180 3912 89.73 82.12 88.12 91.41 92.29 13451 13054 13739 1.6122 16585 1.4805 5.4862 5.6388 5.0398 5091 5490 5667 1 239 62 1 111.19 120196 1.1460 1.1549 1.1572 13711 1.7027 5.7540 13822 1.7199 5.8282 8142 1 1455 321 7 1081 111 126.6 119 111 102 -1074 977 112 1228 26 16 4050 1,785.2 314.8 8226 1 1385 336.5 3950 3941 1,696.8 3008 7400 1 0482 1073 4130 1,803.2 324.2 8201 5715 1,261.57 1.1535 5801 1,275.67 1.1499 8101 1 1571 3559 391 6 1080 109 1228 117 111 100 1050 973 1366 3.3 1149 35 1168 60 1377 3.5 1576 43 1704 60 1439 18 110 1237 3.1 1151 28 1170 47 1380 35 -28 1386 3.2 1581 39 171 1 54 1726 1437 1434 8 421 2 1 612.8 3302 871 7 1 221 6 3352 4000 95.19 93.47 91.18 3291 8101 1 1680 25 1174 1587 4236 1 593.0 3263 8326 1 2005 3258 3975 4136 3.1 1164 3152 3828 3.7 6.1 3.1 1166 138.1 138.6 1158 1157 139.3 1180 r 1185 1192 1394 -139.8 1402 1593 1601 1606 1755 1759 1766 1440 1441 1446 4526 1,474.7 4488 1,426.0 1,333.0 321 3 4063 '324.7 4047 '307.3 3856 86.09 88.04 90.44 12546 12770 1 5788 16186 5.3858 5.5088 5625 5528 1 189.76 121592 1.1571 1.1825 13286 1 6616 5.6400 1,24828 1.1928 -246.1 -212.0 '244.4 '213.6 3.4 1389 -3.7 1593 40 1738 4.8 1440 3 4208 1,694.0 1,631.8 3158 3132 1391 34 1594 40 1742 5.3 1434 7 4226 1,533.4 301 3 8097 861 7 8569 1 2071 -1 1776 -1 1306 2994 3047 '3064 3973 3903 3969 13975 13682 13430 13077 13783 1.6893 1.7828 1 7852 1 7435 1 6933 5.7583 6.0483 5.9244 57621 6.0596 6062 5792 5803 6056 5938 1 325 09 1 32955 1 303 31 1 266 25 126320 1.1493 1.1279 1.1439 1.1370 1.1452 '120 3.4 23 13 90.69 '1072 '121.1 '111 1160 1179 -1069 '111 121.5 119 4198 87.98 85.65 12963 1 .6208 5.5391 12804 1 5630 5.3406 5473 5619 1 221 04 1 182.21 1.1302 1.1467 4431 3151 '325.8 '332.3 -891 2 -9078 9204 -1 1776 -'1 201 6 '1 1841 5801 16. ALTERNATIVE COMPOSITE INDEXES 990* 991 • 4 CIBCR long-leading composite index, 1967=100 CIBCR short-leading composite index, 1967=1 00 4 238.0 204.6 -232.6 -198.1 -232.4 -199.1 -235.4 -200.4 NOTE.-The following current high values were reached before February 1991: May 1984-BCM18 (15.01); June 1984-BCI-115 (13.00), BCI-116 (14.49), and BCI-117 (10.67); August 1984-BCI-109 (13.00), BCI-114 (10.49), and BCI-119 (11.64); September 1989-BCI-95 (16.07); July 1990-BCI-101 (409,650); October 1990-BCI-72 (476,867); -237.5 -203.0 -239.5 -204.7 -240.7 -207.7 -239.9 -207.6 and November 1990-BCI-66 (736,411). See page C-6 for other footnotes. -241.1 208.7 -242.1 -209.2 -242.5 -210.0 -241.6 -207.8 -243.8 -210.8 SURVEY OF CURRENT BUSINESS C-6 • April 1992 FOOTNOTES FOR PAGES C-l THROUGH C~5 a AR c © e Anticipated. Annual rate, Corrected. Copyrighted, Estimated. Available data for later period(s) listed in notes. NSA p r • § o Not seasonally adjusted. Preliminary. Revised. Graph induded for this series. Major revision-see notes. End of period. L,C,Lg,U Cyclical indicator series are classified as L (leading), C (coincident), Lg (lagging), or U (unclassified) at reference cycle peaks, troughs, and overall. Series classifications are shown in parentheses following the series titles, t Cyclical indicator series denoted by $ are inverted (i.e., the sign is reversed) for cyclical analysis calculations, including classifications, contributions to composite indexes, and current high values, f Cyclical indicator series denoted by f are smoothed by an autoregressive-moving-average filter developed by Statistics Canada. For information on composite indexes and other concepts used in this section, see "Composite Indexes of Leading, Coincident, and Lagging Indicators" in the November 1987 SURVEYOR CURRENT BUSINESS and "Business Cycle Indicators: Revised Composite Indexes" in the January 1989 SURVEY. References to series in this section use the prefix "BCI-" followed by the series number. Unless otherwise noted, series are seasonally adjusted. Percent change data are centered within the spans: 1-month changes are placed in the ending month, 3-month changes are placed in the 3d month, 6-month changes are placed in the 4th month, 1-quarter changes are placed in the ending quarter, and 4-quarter changes are placed in the 3d quarter. Diffusion indexes are defined as the percent of components rising plus one-half of the percent of components unchanged. Diffusion index data are centered within the spans: 1-month indexes are placed in the ending month and 6-month indexes are placed in the 4th month. High values reached by cyclical indicators since the last reference cycle trough (November 1982) are shown in boldface type; high values reached prior to the period shown in the table are listed at the bottom of each page. For inverted series, low values are indicated as highs. Sources for series in this section are shown on pages C-27 and C-28. Page C-1 * Preliminary April 1992 values: BCI-19 = 406.64 and BCI-109 = 6.50. 1. Data exclude Puerto Rico, which is included in figures published by the source agency. 2. Copyrighted. This series may not be reproduced without written permission from the University of Michigan, Survey Research Center, P.O. Box 1248, Ann Arbor, Ml 48106-1248. 3. Excludes BCI-57, for which data are not available. 4. Excludes BCI-77 and BCl-95, for which data are not available. 1. Copyrighted. This series may not be reproduced without written permission from Commodity Research Bureau, Inc., 75 Wall Street, 22d Floor, New York, NY 10005. Page C-4 * Preliminary April 1992 values: BCI-122 = 64.8, BCI-123 = 89.5, and BCI-85 = 0.32. 1. Copyrighted. This series may not be reproduced without written permission from the University of Michigan, Survey Research Center, P.O. Box 1248, Ann Arbor, Ml 48106-1248. Page C-2 * Anticipated 2d quarter 1992 values: BCI-61 = 557.48 and BCI-100 = 525.17. 1. Data exclude Puerto Rico, which is included in figures published by the source agency. 2. Copyrighted. This series may not be reproduced without written permission from McGraw-Hill Information Systems Company, F.W. Dodge Division, 1221 Avenue of the Americas, New York, NY 10020. Page C-3 NOTE.—Major data revision: The fixed-weighted price index for gross domestic business product (BCI-311) is now shown from 1982 forward, reflecting the recent revisions in the national income and product accounts. Data for the earlier period will be included when they become available. For further information, contact the U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Wealth Division, Washington, DC 20230. * Preliminary April 1992 value: BCI-23 = 277.6. Page C-5 * Preliminary April 1992 values: BCI-119 = 3.80, BCI-114 = 3.83, BCI-116 = 8.59, BCI-115 = 7.85, BCI-117 = 6.67, BCI-109 = 6.50, BCI-19 (1941-43=10) = 406.64, BCI-19 (1967=100) = 442.3, BCI-748 = 1,153.3, BCI-745 = 332.7, BCI-746 = 929.4, BCI-742 = 1,197.7, BCI-747 = 303.6, BCl-743 = 373.8, BCI-750 = 89.77, BCI-758 = 133.54, BCI-755 = 1.6468, BCI-756 = 5.5722, BCI-752 = 0.5704, BCI-757 = 1,240.10, and BCI-753 = 1.1861. 1. Balance of payments basis: Excludes transfers under military grants and Department of Defense sales contracts (exports) and Department of Defense purchases (imports). 2. Organisation for Economic Co-operation and Development. 3. This index is the weighted-average exchange value of the U.S. dollar against the currencies of the other G-10 countries plus Switzerland. Each country is weighted by its 1972-76 global trade. For a description of this index, see the August 1978 Federal Reserve Bulletin (p. 700). 4. This index is compiled by the Center for International Business Cycle Research (CIBCR), Graduate School of Business, Columbia University, New York, NY 10027. Notes for Pages C-7 Through C-24 The following notes explain general features of the charts that appear in this section: • Business cycle peaks (P) and troughs (T), as designated by the National Bureau of Economic Research, Inc., are indicated at the top of each chart. The shaded areas represent recessions. • For each series classified as a cyclical indicator, the timing classifications at peaks, at troughs, and overall are shown in a box adjacent to the title. (L = leading, C = coincident, Lg = lagging, U = unclassified.) A complete list of series titles and sources is shown in the April and October issues of the SURVEY. t Arithmetic scales are designated "Scale A." On the same arithmetic scale, equal vertical distances represent equal differences in data. (For example, the vertical distance from 10 to 15 is the same as the distance from 100 to 105.) • Logarithmic (log) scales are designated L-1, L-2, or L-3 to indicate their relative size. On log scales of the same size, equal vertical distances represent equal percentage changes. (For example, the vertical distance from 10 to 15 is the same as the distance from 100 to 150.) Compared with an L-1 scale, the same percentage change covers half the distance on an L-2 scale and one-third the distance on an L-3 scale. • Data are monthly unless otherwise indicated. Quarterly data are indicated by a "Q" following the series title. • Some series include a centered moving average, which is shown as a heavy line superimposed on the actual monthly data. • Parallel lines across a plotted series indicate a missing data value, change in definition, or other significant break in continuity. • The box near the end of each plotted series indicates the latest data month (Arabic numeral) or quarter (Roman numeral) shown or, for series computed over a span of time (diffusion indexes and rates of change), the latest data period used in computing the series. SURVEY OF CURRENT BUSINESS April 1992 • C-7 Composite Indexes Aug Apr. PT Apr. Feb. P T Dec. Nov. P T 1955 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 911992 NOTE.—The numbers and arrows indicate length of leads (-) and lags (+} in months from business cycle turning dates. Current data for these senes are shown on page C-1. C-8 SURVEY OF CURRENT BUSINESS April 1002 Composite Indexes: Rates of Change Aug. Apr. P T Apr. Feb. P T Percent change over 3-month span, annual rate Composite Indexes: Diffusion )iffus on index of 1 or comDonents Percent Iff components rising over 6-month span Diffusion mdux of 4 comci lent in li index of 7 lagging indicator components <H 1955 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 911992 NOTE.—Current data for these series are shown on page C-1. SURVEY OF CURRENT BUSINESS April 1992 Composite Indexes: Leading Index Components Aug. Apr. Apr. Feb. P T P T ge weekly initial claims for nance--slow r deliveries 1955 56 57 58 59 60 61 62 63 64 65 66 67 68 NOTE.—Current data for these series are shown on page C-1. 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 1992 • C-9 C-10 April 1992 SURVEY OF CURRENT BUSINESS Composite Indexes: Leading Index Components—Continued L 99. Change in sens live materials prices smoothed1 (percent) 1955 56 57 58 59 60 61 62 63 64 65 06 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 1992 1. This series is smoothed by an autoregressive-moving-average filter developed by Statistics Canada. 2. This is a copyrighted series used by permission; it may not be reproduced without written permission from the University of Michigan, Survey Research Center. NOTE.—Current data for these series are shown on page C-1. SURVEY OF CURRENT BUSINESS April 1992 Composite Indexes: Coincident Index Components Aug. Apr. P T Apr. Feb. P T Personal income less trans 1955 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 911992 NOTE.—Current data for these series are shown on page C-1. • C-ll C-12 • April 1992 SURVEY OF CURRENT BUSINESS Composite Indexes: Lagging Index Components index of labor cost peru it of output, nanuf;cturinj, Average prime rate charged by 1955 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 911992 1. TOs series is smoothed by an autoregressive-moving-average filter developed by Statistics Canada. NOTE.—Current data for these series are shown on page C-1. C-13 SURVEY OF CURRENT BUSINESS Employment and Unemployment . Average weekly overtime hours of product on or no workers, manufacturing (hours) Help -wanted advertising Employee hours establishments (ann nonag icultural payrolls industry (millions) Ratio, civili an empl ymenttc populat anunerrploymert te(per|ent-|i i|led 1964 65 66 67 68 69 70 71 72 73 74 75 NOTE.—Current data for these series are shown on page C-2. 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 1992 C-14 SURVEY OF CURRENT BUSINESS April 1002 Output, Production, and Capacity Utilization Deo. Nov. P T Nov. P Mar. T Jan. July July P T P Nov. T manufactures (index: 1987 rabl ! manufactures (ii tdex 1964 65 66 67 68 69 70 71 72 73 NOTE.—Current data for these series are shown on page C-2. 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 1992 SURVEY OF CURRENT BUSINESS April 1992 • C-15 Sales and Orders Dec. Nov. P Nov. P T Jan. July July P T P Mar. T Nov. T July P 140- 59. Sales of retail stores in 1932 dollars (bil. dol.) 120100- 8060- 7. Manufacturers' new crders in Wages and Consumer Attitudes 53. Wages am 700' 650' 600' 550' 500' 450' 123. Consumer expec ations, Jhe Conference Board (ind^x: 19854100) L,L,L| 120100806040- 1964 65 66 67 68 69 70 71 72 73 74 NOTE.—Current data for these series are shown on pages C-2 and C-4. 75 76 77 78 79 80 81 82 83 84 85 86 87 88 90 91 1992 C-16 SURVEY OF CURRENT BUSINESS April 1002 Fixed Capital Investment Dec. Nov. P T Nov. P Mar. T Jan. July July P T P Nov. T new orders in 1982 dollars 1964 65 66 67 68 69 70 71 72 73 74 75 76 77 1. This is a copyrighted series used by permission; it may not be reproduced without written permission from McGraw-Hill Information Systems Company, F.W. Dodge Division. NOTE.—Current data for these series are shown on page C-2. 78 79 80 81 82 83 84 85 86 87 89 90 91 1992 SURVEY OF CURRENT BUSINESS April 1992 • C-17 Fixed Capital Investment—Continued Dec. Nov. P T Nov. P Mar. T Jan. July July P T P Nov. T July P 600500- 100. New plant and eq Jipment expenditjies by business 1987 dollars,Q1 400300- 200600- 69. Mamfacturer machir ery and uquipmei it sales s nd business con struction expend! ures (an i. rate, bl.dol.) C,Lg,lg 500400300- 200- 140 -| 120100- 76. Industrial pnduction business equipn frit (ind( x 60- 40- 700600' 500' Gross private nonresidential fixed investm ;nt in 1917 dollars(ann. rcte.bil. 400' 300- 200150- 100-J 1964 65 66 67 68 69 70 71 72 73 74 1. Dotted line represents anticipated expenditures. NOTE.—Current data for these series are shown on pages C-2 and C-3. 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 1992 C-18 SURVEY OF CURRENT BUSINESS April 1992 Fixed Capital Investment—Continued Dec. Nov. P T Nov. P Mar. T Jan. July July P T P July P Nov. T 28. Mew private housing units started (am. rate, millions) m vestment in 1£87 dollars 89. GrMSjrivate (ann. rate, bil. dol.) Inventories and Inventory Investment n business inven ories in 1964 65 66 67 68 69 70 71 72 73 74 NOTE.—Current data for these series are shown on page C-3. 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 1992 April 1992 • C-19 SURVEY OF CURRENT BUSINESS Prices and Profits Dec. Nov. P T Jan. July July P T P Nov. Mar. P T July P Nov. T 1 23, Spot ma rket pric *s, raw industrial materials (index: 1967=100) 400-i 350300250200150- 100- 18. Corporate prof its after tan in 198L<|g||arsJ||gnn. ralej>jl,, ck ,L 280240200160120- Corpora te profit:\ after ta) 40J 22, ci >rporate i lomestic profits a Her tax t > corpora ite dome >tic 1412108642- 81 Ratio, corporate domestic profits nfter tax jwith IVA and CCAqj to corporate domestic income, Q (percent) 26. Ratio, implici price deflator to unit labo cost, ncnfarm busimss sector, Q (index: 1982::100) 1964 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 IVA Inventory valuation adjustment. CCAdj Capital consumption adjustment. 1. From June 1981 forward, this is a copyrighted series used by permission; it may not be reproduced without written permission from Commodity Research Bureau, Inc. NOTE.—Current data for these series are shown on pages C-3 and C-4. 86 87 88 89 90 91 1992 108106104102100- C-20 • April 1992 SURVEY OF CURRENT BUSINESS Money, Credit, and Interest Rates Netl change in business loans rate,bil.dol.; tet change in corsumer in stallmen; credit 1964 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 NOTE.—Current data for these series are shown on page C-4. 88 90 91 1992 SURVEY OF CURRENT BUSINESS April 1002 • C-21 Money, Credit, and Interest Rates—Continued Dec. Nov. P T Nov. Mar. P T Jan. July July P T P Nov. T 119 - Fedpral funds rate (pj rcent) 114. Dis;ount on new issues ry bi Is (percent) field on i lew issu is of high-grade c arporate bonds ft ercent) Tieasury bonds (percent) Alternative Composite Indexes 260240220200- 990. CIBCR long-leading composite inde;: (1967=1 180160140220 200 180 160 140 991. CIBCR short-leading composite index (1967= 100) 120 100J 1964 65 66 67 68 70 71 72 73 74 75 76 77 CIBCR Center for International Business Cycle Research (Columbia University). NOTE.—Current data for these series are shown on page C-5. 78 79 80 81 82 83 84 85 86 87 88 69 90 91 1992 C-22 • SURVEY OF CURRENT BUSINESS April 1992 Prices Jan.July PT July P Other Measures Nov. T July P Jan. July P T July P July P Nov. T Percent change at annual rate 293. Personal saving n e, Q (percent) 311c. Fixed-weighted price index, gross 10- 20-, < 8- 10-U 64- 0J» Q m 40- 20 29I Goveri iment su plus or def ic it, Q 0-40- :3c. AN il ems Jess fpod ani 1 ene gy -80- 20-. <c io4 3 o-l & Producer Price ndexes-336c;_Fjriishedgc)oels -120-160-200- 370<. Chang in output per ho r, all pei son busine s sectoii (ann. ra e, perceitit) 20100- 10- 4-quar:erspan -10- Tr 337c. Finished goods less foods and energj 20-, 50- .l<iuajt r _sj>an_:*_ 10H -5- -10°J 334( :JFJO!shedconsul ner gooc Is SU.Feder il Government defense, Q (an i 20-, or ratiolal 400350- " 300- -10J 250- 333c. Capital equipment 20100- 200- 150- -10- , and comorients 20- 650550- 620. Merchandise imports, adjusted, excluding nilitary, 3(ann. rite, bil.dol.) 100-10- 450350- 40-i 3020- 250- 10- 0-10- fit I. Merchandise exports, a justed, excluding military, Q (ann. rate, oil. dol.) -20-30- 150 J J. 1980 81 82 83 84 85 86 87 88 89 90 91 1992 NOTE.—Current data for these series are shown on pages C-3, C-4, and C-5. 1980 81 82 83 84 85 86 87 88 90 91 1992 SURVEY OF CURRENT BUSINESS International Industrial Production Jan.July P T July P April 1QQ2 • International Consumer Prices Nov. T change over 6-month span, annual rate Federal Republic of Germany 1980 81 82 83 84 85 86 87 88 89 NOTE.—Current data for these series are shown on page C-5. 90 91 1992 1980 81 82 83 84 85 86 87 88 89 90 91 1992 C-23 C-24 • April 1992 SURVEY OF CURRENT BUSINESS 1 1 1 ! ! ^ International Stock Prices Jan. July July P T P International Exchange Rates Nov. T Jan. July July P T P July P Nov. T U.S dollar (irdex: March 1973= 100) 160-1 140120100- Foreign currency per U.S. dollai 280240200- 1601203.02.62.21.8- 1.49-; 876540.9-1 0.80.70.60.50.4- 2000-n 18001600140012001000800- 753. Canada (dollar) 1.4-1 1.4 1.2] j CV1 1.0-1 % 1980 81 82 83 84 85 86 87 88 NOTE.—Current data for these series are shown on page C-5. 90 91 1992 1980 81 82 83 84 85 86 87 88 89 90 91 1992 SURVEY OF CURRENT BUSINESS April 1992 • C-25 Business Cycle Expansions and Contractions Duration in months Business cycle reference dales Trough Peak Contraction (trough from previous peak) Cycle Expansion (trough to peak) Trough from previous trough Peak from previous peak June 1857 October 1860 April 1865 June 1869 October 1873 18 8 32 18 30 22 46 18 34 48 30 78 36 40 54 50 52 March 1879 May 1885 April 1888 May 1891 June 1894 March 1882 March 1887 July 1890 January 1893 December 1895 65 38 13 10 17 36 22 27 20 18 99 74 35 37 37 101 60 40 30 35 June 1897 December 1900 August 1904 June 1908 .... January 1912 June 1899 September 1902 May 1907 January 1910 January 1913 18 18 23 13 24 24 21 33 19 12 36 42 44 46 43 42 39 56 32 36 December 1914 March 1919 July 1921 July 1924 November 1927 August 1918 January 1920 May 1923 October 1926 August 1929 23 7 18 14 13 44 10 22 27 21 35 51 28 36 40 17 40 41 34 May 1937 February 1945 November 1948 July 1953 August 1957 43 13 8 11 10 50 80 37 45 39 64 63 88 48 55 93 93 45 56 49 April 1960 December 1969 November 1973 January 1980 July 1981 July 1990 8 10 11 16 6 16 24 106 32 116 36 58 12 92 47 34 117 52 64 28 18 22 18 11 '35 27 35 3 50 51 48 53 56 19 22 20 11 4 46 46 46 46 December 1854 December 1858 June 1861 December 1867 December 1870 March 1933 June 1938 October 1945 October 1949 May 1954 . ... April 1958 February 1961 November 1970 March 1975 July 1980 November 1982 Average, all cycles: 1854-1990 30 cycles) ... 1854-1919 16 cycles) 1919-1945 6 cycles) .. 1945-1990 8 cycles) .... .... .... . .. . .... Average, peacetime cycles: 1854-1990 1854-1919 1919-1945 1945-1990 1 2 3 4 5 (25 cycles) (14 cycles) (5 cycles) (6 cvcles) 31 cycles. 15 cycles 9 cycles 26 cycles 13 cycles 29 24 26 6 43 67 47 74 18 108 53 49 53 3 61 2 48 47 45 6 53 5 6 7 cycles NOTE— Rgures printed in bold italic are the wartime expansions (Civil War, World Wars I and II, Korean war, and Vietnam war), the postwar contractions, and the full cycles that include the wartime expansions Source. National Bureau of Economic Research, Inc, 1050 Massachusetts Avenue, Cambridge, MA 02138 SURVEY OF CURRENT BUSINESS C-26 • April 1992 Specific Peak and Trough Dates for Selected Indicators Specific peak dates corresponding to reference peaks in— Series no Series title July 1981 Jan 1980 Nov 1973 Dec 1969 Apr 1960 4/73 2/73 3(73 10/68 5/59 4/59 3/59 2/59 3/59 Aug 1957 July 1953 11/55 (-21) 9/55 7/55 4/55 (-25) (-28) 4/53 9/52 4/53 7/52 2/53 LEADING INDICATORS 1 5 8 32 20 29 92 99 19 106 83 910 940 Average weekly hours, mfg . . Average weekly initial daims (irwerted) ... Mfrs ' new orders in 1982 dollars, consumer goods and materials . Vendor performance, slower delivenes diffusion index Contracts and orders for plant and equipment in 1982 dollars ... Building permits, new private housing units .. .. Change in mfrs ' unfilled orders in 1982 dollars, durable goods (smoothed !) Change in sensitive matenals prices (smoothed ') Index of stock pnces, 500 common stocks Money supply M2 in 1982 dollars .. .... Index of consumer expectations Composite index of 1 1 leading indicators Ratio, coincident index to lagging index 12/80 (-7) 7/81 (0 -9) -3) -3) 10/80 4/81 4/81 9/80 1/81 (-10 (-6) 12/80 (-7) 11/80 (-8) NST 3/79 9/78 (-10) 12/78 ( -13) 4/79 3/79 6/78 (-9) 12/78 5/79 -10 -19 -13 (-8) NST 1/78 11/76 10/78 10/80 -2) -2 -9 7/81 8/81 7/81 1/81 7/81 (0) (+1 (0 (-6 (0) 3/80 1/80 3/80 3/79 1/BO 12/81 10/82 (+5) (+15 1/82 8/81 9/82 *6) +1 7(79 6/80 6/80 4/80 3/80 6/79 6/80 4/80 5/81 5/81 -16) 4/78 -24) -38) -15) -21) 11/73 10/73 12/72 5/73 1/74 1/73 1/73 8/72 3/73 12/72 ~T\ -9 -8 (0 -1 (-11) (-6 (+2 -10 -15 (-8) -11) 1/69 11/68 8/69 4/69 2/69 5/69 2/69 -14) -11 -13 H -8) (-10) _7) 1/69 2(69 4/69 -10) -12) -11) -10) (-8) 11/68 (-13) 12/68 11 ) 12) 13) 14) 13) 17) 12) 17) -9) 11/58 4/59 11/58 7/59 NST 2/60 6/59 4/59 11/56 2/55 1/56 855 756 1/56 (-10) 11(56 12/55 -12) 5/55 (-2) -23) (-9) (-30 (-19) (-24) -13 (-19 -9) (-20) (-27) 11/52 5/51 653 1/53 (~3 (-10 (-3 (-12) (-5) (-« (-26) -1) -6) NST 2/53 2/53 ~5) -5) 10/52 (~9) -1) COINCIDENT INDICATORS 41 Employees on nonagncultural payrolls 51 Personal income less transfer payments in 1987 dollars 47 Index of industnal production 57 Mfg and trade sales in 1982 dollars 920 Composite index of 4 coincident indicators . .. .... .... ... . (+2) + 2) -10) 10/74 11/73 11/73 11/73 11/73 +11) (0 (0 0 (0 3(70 (+3) NST 10/69 10/69 10/69 J-2J (-2) 4/60 5/60 1/60 1/60 1/60 (0) +1) _3J -3} -3) 3/57 (-5) 6/53 857 (0 (-5 (-6 10/53 6(60 1/61 2/61 7/60 i+il 9)57 4/58 3/57 2/57 2/57 (-6) 1-3) (0) 7/53 4/53 7/53 (-3) (0) LAGGING INDICATORS 91 Average duration of unemployment (inverted) 77 Ratio, mfg and trade inventories to sales in 1982 dollars 62 Change in index of labor cost per unit of output, mfg (smoothed ') 109 Average pnme rate charged by banks 101 Commercial and industrial loans outstanding in 1982 dollars 95 Ratio, consumer installment credit to personal income . . . .. ..120 Change in Consumer Pnce Index for services (smoothed ]) 930 Composite index of 7 lagging indicators (+14 NST 9/81 9/81 (+2) (+2) (-6) +5 +5) +3) -n +5 +3) 9/73 3/75 3/75 9/74 9/74 4/74 10/74 12/74 +16 (-2) 10(69 11/70 +16) +10) 1/70 2/70 +10 +5 (+'11J (+13) W70 NST 4/70 3/70 i; -i (+8) (+4) (+3) +10) +3 NST 12/60 10/59 358 12/57 9/57 +8) -6) +3) 7/60 158 3/57 12/57 +1) +8 +7) +4) +1) +5 (-5) (+4) v2) +5; 9/53 12/53 1/54 +e; 2/54 6/53 4/54 +7) -1 <9] na 12/53 -i5) Specific trough dates corresponding to reference troughs in— Nov 1982 Mar. 1975 July 1980 Nov 1970 Feb 1961 9/70 12/60 Apr 1958 May 1954 LEADING INDICATORS 1 5 8 32 20 29 92 99 19 106 83 910 940 Average weekly hours, mfg. . .... Average weekly initial claims (inverted) .. .. Mfrs ' new orders in 1982 dollars, consumer goods and matenals Vendor performance, slower deliveries diffusion index Contracts and orders for plant and equipment in 1982 dollars Building permits, new private housing units .... Change in mfrs 'unfilled orders in 1982 dollars, 1durable goods (smoothed1) Change in sensitive materials prices (smoothed ) .... Index of stock pnces, 500 common stocks . .... Money supply M2 in 1982 dollars .... Index of consumer expectations Composite index of 1 1 leading indicators Rate, coincident index to lagging index 41 51 47 57 920 Employees on nonagncultural payrolls .. Personal income less transfer payments in 1987 dollars Index of industnal production Mfg and trade sales in 1982 dollars . Composite index of 4 coincident indicators .... 10/82 (-1) 9/82 (-2 (0) 11/82 3/82 2/83 (-8) 10/81 (-13 (-2) 9/82 4/82 7/82 NST 3/82 1/82 1/82 (+3 -7) H) (-8) (-10 (-10 7/80 5/80 5/80 5/80 5/80 4/80 6/80 7/80 NST (0) '—2) -2 (-2) -2 —3) l_1) (0) 5/80 3/80 5/80 5/80 —2) —4) 7/80 7/80 7/80 6/80 7/80 (°) 0 (0) -2) 3/75 3/75 3/75 2/75 12/75 3/75 4/75 1/75 12/74 1/75 2/75 2/75 3/75 (0 0 (0 -1 (+9 (0 (+1 (-2 (-3 -2 -1 10/70 11/70 12/70 10/70 1/70 8(70 9/70 6/70 4/70 5/70 (-2) H) (0) +1 H MO i (-5) (— 7) (—6) 2(61 2/61 3/60 3/61 12/60 5(60 1/61 10/60 NST 11/60 -1 10/70 11/70 l+1 11/70 NST 11/70 11/70 11/70 (0) (0) (0) (0) 2/61 1/61 2/61 (+10) +44 6/72 2/73 (+8) 11/71 +19) +27) +12) 7/61 4(62 9/61 (0 loi 4/60 2/61 (-2) (Oj -11) +1 ! -2 -9 H) H) (-31 -10) (0) 4/58 4/58 2/58 12/57 358 2/58 2/58 158 1257 1/58 5/58 2/58 3/58 (0) (0) 4/54 9/54 (-2) (-4) 10/53 11/53 -1) -2 3/54 9/53 (-2) 12)53 -3) -4 -3) +1) (-2) -1) 1/54 9/53 NST 11/53 11/53 12/53 (- 1 (+4 (-7 (-6| (-2 -« (-S -4' -8' (-6' (-6 (-5; COINCIDENT INDICATORS 12/82 11/82 12/82 10/82 12(82 ... ... (+1 (0 (+1 (-1 (+1 -1) (0) 4/75 2/75 3/75 3/75 3(75 -1(0 0 (0 2/61 12/60 ~2) (01 -1) (0) 5/58 4/58 4/58 4/58 4/58 (+5) 10/58 (°) +1) 0) Oj 0 0 8/54 (+3 4/54 4/54 (-1 -1 1253 8/54 (-5 (+3 5/55 4/55 4/55 7/55 8/54 (+12) LAGGING INDICATORS 91 Average duration of unemployment (inverted) 77 Ratio, mfg and trade inventories to sales in 1982 dollars ... 62 Change in index of labor cost per unit of output, mfg (smoothed ') 109 Average prime rate charged by banks 101 Commercial and industrial loans outstanding in 1982 dollars 95 Ratio, consumer installment credit to personal income 120 Change in Consumer Price Index for services (smoothed !) 930 Composite index of 7 lagging indicators . . ... .... 7/83 1/84 9/83 7/83 10/83 11/82 1/83 6/83 (+8) +14) +10) (*8 +11 (0) +2) +7) NOTE.—Specific peak and trough dates mark the cyclical turning points in individual senes; reference peak and trough dates mark the cyclical turning points in overall business activity For the composite indexes and their components, this table lists the specific peaks and troughs corresponding to the last seven business cycles The leads (-) or lags (+) of the specific dates in relation to the reference dates are shown in parentheses (in months) These specific dates should not be considered absolute, individual analysis may prefer alternative turning points for some series See Measuring Business Cycles by Arthur F Burns and Wesley C Mitchell (National Bureau of Economic 1/81 1/81 2/81 8/80 3/81 +6) +6J +7) +1) +8) NST 10/80 10/80 +3) +3) 1/76 11/78 11/75 4/77 9/76 2/76 8(75 6/76 +25 +18 +11 +5 +15 3/72 2/72 +16 +15) NST 2(73 2/72 +27) +15) ( +14) +7) 11/65 57) NST 11/61 7(61 8/61 5/59 11/58 8/58 8/58 . r\ 11/58 12/58 +6) 8/58 +6) +13) +7) +4 +4J +7) +8) +4) 11/54 na 2/55 (+1V +11 +14 (+3 (+6 +9 Research, 1946) Mr detailed information on the selection of specific peaks and troughs n a. Not available. This indicates that data necessary to determine a turning point are not available. NST No spec fie turn This indicates that no specific turning point corresponding to the indicated reference date is discernible 1. This senes is smoothed by an autoregressive-movmg-average filter developed by Statistics Canada. SURVEY OF CURRENT BUSINESS April 1992 • C-27 TITLES AND SOURCES OF SERIES Series are listed below in numerical order within each of the two major groups Series numbers are for identification only and do not reflect relationships or order among the series "M° following a series title indicates monthly data; "Q" indicates quarterly data. Data apply to the whole period except when indicated by "EOM" (end of month) or "EOQ" (end of quarter) To save space, the commonly used sources listed below are referred to by number: Source 1—U.S Department of Commerce, Bureau of Economic Analysis, Source 2—U S. Department of Commerce, Bureau of the Census; Source 3—U.S. Department of Labor, Bureau of Labor Statistics; Source 4—Board of Governors of the Federal Reserve System. In parentheses following the source for each series is a reference to the C-page(s) on which that series appears References to data tables are in roman type, references to charts are in bold-italic type. 1. Cyclical Indicators 1. Average weekly hours of production or nonsupervisory workers, manufacturing (M).— Source 3(1,2,3) 5. Average weekly initial claims for unemployment insurance, State programs (M).—U S Department of Labor, Employment and Training Administration; seasonal adjustment by Bureau of Economic Analysis (1,2,9) 7. Manufacturers' new orders in 1982 dollars, durable goods industries (M).—Sources 1,2, and 3 (2,15) S. Manufacturers' new orders in 1982 dollars, consumer goods and materials industries (M).-Sources 1,2, and 3(1,2,5) 9. Construction contracts awarded for commercial and industrial buildings, floor space (M) —McGraw-Hill Information Systems Company, seasonal adjustment by Bureau of Economic Analysis (Used by permission. This series may not be reproduced without written permission from the source) (2,16) 10. Contracts and orders for plant and equipment in current dollars (M) —Sources 1,2, and McGraw-Hill Information Systems Company (2) 11. Newly approved capital appropriations, 1,000 manufacturing corporations (Q).—The Conference Board (2) 12. Index of net business formation (M) —Source 1 and Dun & Bradstreet, Inc. (2,16) 13. Number of new business incorporations (M) —Dun & Bradstreet, Inc.; seasonal adjustment by Bureau of Economic Analysis (2,16) 14. Current liabilities of business failures (M).—Dun & Bradstreet, Inc. (4) 16. Corporate profits after tax in current dollars (Q) —Source 1 (4,19) 18. Corporate profits after tax in 1987 dollars (Q) —Source 1 (4,19) 19. Index of stock prices, 500 common stocks (M).—Standard & Poor's Corporation (1,5,10,24) 20. Contracts and orders for plant and equipment in 1982 dollars (M).—Sources 1, 2, and McGraw-Hill Information Systems Company (1,2,9) 21. Average weekly overtime hours of production or nonsupervisory workers, manufacturing (M).-Source 3 (2,13) 22. Ratio, corporate domestic profits after tax to total corporate domestic income (Q).— Source 1 (4,19) 23. Index of spot market prices, raw industrial materials (M) —Sources 1, 3, and Commodity Research Bureau, Inc. (Used by permission. From June 1981 forward, this series may not be reproduced without written permission from Commodity Research Bureau, Inc.) (3,79) 26. Ratio, implicit price deflator to unit labor cost, all persons, nonfarm business sector (0).—Sources 1 and 3 (4,13) 27. Manufacturers' new orders in 1982 dollars, nondefense capital goods industries (M) — Sources 1,2, and 3 (2,16) 28. New private housing units started (M) —Source 2 (3,18) 29. Index of new private housing units authorized by local building permits (M).—Sources 1 and 2(1,3,10) 30. Change in business inventories in 1987 dollars (Q) —Source 1 (3,18) 31. Change in manufacturing and trade inventories (M).—Sources 1 and 2 (3,18) 32. Vendor performance, slower deliveries diffusion index (M).—National Association of Purchasing Management and Purchasing Management Association of Chicago, seasonal adjustment by U.S. Department of Commerce, Office of the Chief Economist (1,2,9) 35. Corporate net cash flow in 1987 dollars (Q) —Source 1 (4) 37. Number of persons unemployed (M).—Source 3 (2) 39. Percent of consumer installment loans delinquent 30 days and over (EOM).—American Bankers Association (4) 40. Employees on nonagricultural payrolls, goods-producing industries (M)—Source 3 (2,13) 41. Employees on nonagricultural payrolls (M)— Source 3(1,2,11) 42. Number of persons engaged in nonagricultural activities (M) —Source 3 (2) 43. Civilian unemployment rate (M).—Source 3 (2,13) 44. Unemployment rate, persons unemployed 15 weeks and over (M) —Source 3 (2) 45. Average weekly insured unemployment rate, State programs (M) —Source 1 and U.S. Department of Labor, Employment and Training Administration (2) 46. Index of help-wanted advertising in newspapers (M).—The Conference Board (2,13) 47. 48. 49. 50. 51. 52. 53. 55. 57. 58. 59. 60. 61. 62. 63. 66. 69. 70. 72. 73. 74. 75. 76. 77. 81. 82. 83. 85. 86. 87. 88. 89. 90. 91. 92. 93. 94. 95. 97. 98. 99. Index of industrial production (M)-Source4(1,2,5,77,2?) Employee hours in nonagricultural establishments (M) —Source 3 (2,73) Value of domestic goods output in 1987 dollars (0)-Source 1 (2) Gross national product in 1987 dollars (Q).—Source 1 (2) Personal income less transfer payments in 1987 dollars (M).—Source 1 (1,4,77) Personal income in 1987 dollars (M).—Source 1 (4) Wages and salaries in 1987 dollars, mining, manufacturing, and construction (M) — Sources 1 and 3 (4,75) Gross domestic product in 1987 dollars (Q).—Source 1 (2 14) Manufacturing and trade sales in 1982 dollars (M) -Sources 1 and 2(1,2,11) Index of consumer sentiment (Q,M).—University of Michigan, Survey Research Center (Used by permission This series may not be reproduced without written permission from the source.) (4) Sales of retail stores in 1982 dollars (M).-Sources 1 and 2 (2,75) Ratio, help-wanted advertising in newspapers to number of persons unemployed (M) — Sources 1,3, and The Conference Board (2) New plant and equipment expenditures by business in current dollars (Q).—Source 2 (2) Change in index of labor cost per unit of output, manufacturing, smoothed (M).—Sources land 4 (1,4,12) Index of unit labor cost, all persons, business sector (Q).—Source 3 (4) Consumer installment credit outstanding (EOM)—Source 4 (5) Manufacturers' machinery and equipment sales and business construction expenditures (M) -Sources 1 and 2 (3,77) Manufacturing and trade inventories in 1982 dollars (EOM).—Sources 1 and 2 (3) Commercial and industrial loans outstanding in current dollars (M).—Sources 1, 4, and The Federal Reserve Bank of New York (5) Index of industrial production, durable manufactures (M).—Source 4 (2,74) Index of industrial production, nondurable manufactures (M).—Source 4 (2,14) Index of industrial production, consumer goods (M) —Source 4 (2,14) Index of industrial production, business equipment (M) —Source 4 (3,77) Ratio, manufacturing and trade inventories to sales in 1982 dollars (M).—Sources 1 and 2(1,3,72) Ratio, corporate domestic profits after tax with inventory valuation and capital consumption adjustments to total corporate domestic income (Q) —Source 1 (4,79) Capacity utilization rate, manufacturing (M).—Source 4 (2,14) Index of consumer expectations (Q,M) —University of Michigan, Survey Research Center (Used by permission This series may not be reproduced without written permission from the source.) (1,4,70) Change in money supply M1 (M).—Sources 1 and 4 (4,20) Gross private nonresidential fixed investment in 1987 dollars (Q).—Source 1 (3,77) Gross private nonresidential fixed investment in 1987 dollars, structures (Q).—Source 1 (3, 77) Gross private nonresidential fixed investment in 1987 dollars, producers' durable equipment (Q).—Source 1 (3,77) Gross private residential fixed investment in 1987 dollars (Q) —Source 1 (3,18) Ratio, civilian employment to population of working age (M).—Source 3 (2,73) Average duration of unemployment in weeks (M) —Source 3 (1,2,12) Change in manufacturers' unfilled orders in 1982 dollars, durable goods industries, smoothed (M) -Sources 1, 2, and 3 (1,2,70) Free reserves (M).—Sources 1 and 4 (4) Member bank borrowings from the Federal Reserve (M).—Source 4 (4) Ratio, consumer installment credit outstanding to personal income (M).—Sources 1 and 4(1,5,72) Backlog of capital appropriations, 1,000 manufacturing corporations (EOQ)—The Conference Board (2) Index of producer prices for sensitive crude and intermediate materials (M) —Sources 1 and 3 (3) Change in sensitive materials prices, smoothed (M)—Sources 1, 3, and Commodity Research Bureau, Inc (1,3,70) C-28 • April 1992 SURVEY OF CURRENT BUSINESS 100. New plant and equipment expenditures by business in 1987 dollars (Q).—Source 2 (2,17) 101. Commercial and industrial loans outstanding in 1982 dollars (M).—Sources 1, 3, 4, and The Federal Reserve Bank of New York (1,5,12) 102. Change in money supply M2 (M).—Sources 1 and 4 (4,20) 105. Money supply M1 in 1982 dollars (M).-Sources 1,3, and 4 (4) 106. Money supply M2 in 1982 dollars (M).—Sources 1, 3, and 4 (1,4,10) 107. Ratio, gross domestic product to money supply M1 (Q).—Sources 1 and 4 (4) 108. Ratio, personal income to money supply M2 (M).—Sources 1 and 4 (4) 109. Average prime rate charged by banks (M) —Source 4 (1,5,12) 110. Funds raised by private nonflnancial borrowers in credit markets (Q).—Source 4 (4,20) 111. Change in business and consumer credit outstanding (M).—Sources 1,4, Federal Home Loan Bank Board, and The Federal Reserve Bank of New York (4) 112. Net change in business loans (M) —Sources 1, 4, and The Federal Reserve Bank of New York (4,20} 113. Net change in consumer installment credit (M).—Sources 1 and 4 (4,20) 114. Discount rate on new issues of 91-day Treasury bills (M).—Source 4 (5,21) 115. Yield on long-term Treasury bonds (M).—U.S. Department of the Treasury (5,21) 116. Yield on new issues of high-grade corporate bonds (M).—Citibank and U.S Department of the Treasury (5,21) 117. Yield on municipal bonds, 20-bond average (M) —The Bond Buyer (5) 118. Secondary market yields on FHA mortgages (M).—U.S. Department of Housing and Urban Development, Federal Housing Administration (5) 119. Federal funds rate (M) -Source 4 (5,21) 120. Change in Consumer Price Index for services, smoothed (M).—Sources 1 and 2 (1,3,12) 122. Index of consumer confidence (M) —The Conference Board (4) 123. Index of consumer expectations (M).—The Conference Board (4,15) 124. Capacity utilization rate, total industry (M).—Source 4 (2) 910. Composite index of 11 leading indicators (includes series 1, 5, 8, 19, 20, 29, 32, 83, 92, 99,106) (M).-Source 1 (1,7,5) 920. Composite index of 4 coincident indicators (includes series 41,47,51,57) (M).—Source 1 (1.7,5) 930. Composite index of 7 lagging indicators (includes series 62, 77, 91, 95, 101, 109, 120) (M).-Source1(1,7,5) 940. Ratio, coincident composite index (series 920) to lagging composite index (series 930) (M).-Sourcel (1,7) 950. Diffusion index of 11 leading indicator components (M).—Source 1 (1,5) 951. Diffusion index of 4 coincident indicator components (M).—Source 1 (1,5) 952. Diffusion index of 7 lagging indicator components (M).—Source 1(1,5) 963. Diffusion index of employees on private nonagricultural payrolls, 356 industries (M).— Source 3 (2) 990. CIBCR long-leading composite index (M) —Columbia University, Center for International Business Cycle Research (5,21) 991. CIBCR short-leading composite index (M)—Columbia University, Center for International Business Cycle Research (5,27) 2. Other Important Economic Measures 290. 292. 293. 295. 298. Gross saving (Q).—Source 1 (4) Personal saving (Q) —Source 1 (4) Personal saving rate (Q) —Source 1 (4,22) Business saving (Q) —Source 1 (4) Government surplus or deficit (Q) —Source 1 (4,22) 311. Fixed-weighted price index, gross domestic business product (Q).—Source 1 (3,22) 320. Consumer Price Index for all urban consumers, all items (M).—Source 3 (3,5,22,23) 323. Consumer Price Index for all urban consumers, all items less food and energy (M).— Source 3 (3,22) 331. Producer Price Index, crude materials for further processing (M).—Source 3 (3,22) 332. Producer Price Index, intermediate materials, supplies, and components (M) —Source 3 (3,22) 333. Producer Price Index, capital equipment (M) —Source 3 (3,22) 334. Producer Price Index, finished consumer goods (M) —Source 3 (3,22) 336. Producer Price Index, finished goods (M).—Source 3 (3,22) 337. Producer Price Index, finished goods less foods and energy (M).—Source 3 (3,22) 345. Index of average hourly compensation, all employees, nonfarm business sector (Q) — Source 3 (4) 346. Index of real average hourly compensation, all employees, nonfarm business sector (Q) —Source 3 (4) 358. Index of output per hour, all persons, nonfarm business sector (Q).—Source 3 (4) 370. Index of output per hour, all persons, business sector (Q).—Source 3 (4,22) 441. 442. 451. 452. 453. Civilian labor force (M).-Source 3 (2) Civilian employment (M).—Source 3 (2) Civilian labor force participation rate, males 20 years and over (M).—Source 3 (2) Civilian labor force participation rate, females 20 years and over (M).—Source 3 (2) Civilian labor force participation rate, both sexes 16-19 years of age (M)—Source 3 (2) 525. Defense Department prime contract awards for work performed in the United States (M) —U.S. Department of Defense, Office of the Assistant Secretary of Defense (Comptroller), Washington Headquarters Services, Directorate for Information Operations and Reports, seasonal adjustment by Bureau of Economic Analysis (5) 548. Manufacturers' new orders, defense products (M) —Source 2 (5) 557. Index of industrial production, defense and space equipment (M).—Source 4 (5) 564. Federal Government purchases, national defense (Q).—Source 1 (5,22) 570. Employment, defense products industries (M).—Source 3; seasonal adjustment by Bureau of Economic Analysis (5) 602. Exports, excluding military aid shipments (M).—Source 2 (5) 604. Exports of domestic agricultural products (M).—Source 2, seasonal adjustment by Bureau of Economic Analysis (5) 606. Exports of nonelectrical machinery (M).—Source 2; seasonal adjustment by Bureau of Economic Analysis (5) 612. General imports (M).—Source 2 (5) 614. Imports of petroleum and petroleum products (M).—Source 2; seasonal adjustment by Bureau of Economic Analysis (5) 616. Imports of automobiles and parts (M).—Source 2, seasonal adjustment by Bureau of Economic Analysis (5) 618. Merchandise exports, adjusted, excluding military (Q).—Source 1 (5,22) 620. Merchandise imports, adjusted, excluding military (Q)—Source 1 (5,22) 622. Balance on merchandise trade (Q) —Source 1 (5) 721. Organisation for Economic Co-operation and Development, European countries, index of industrial production (M).—Organisation for Economic Co-operation and Development (Pans) (5,23) 722. United Kingdom, index of industrial production (M).—Central Statistical Office (London) (5,23) 723. Canada, index of industrial production (M).—Statistics Canada (Ottawa) (5,23) 725. Federal Republic of Germany, index of industrial production (M).—Statistisches Bundesamt (Wiesbaden) (5,23) 726. France, index of industrial production (M).—Institut National de la Statistique et des Etudes Economiques (Paris) (5,23) 727. Italy, index of industrial production (M).-lstituto Centrale di Statistics (Rome) (5,23) 728. Japan, index of industrial production (M) —Ministry of International Trade and Industry (Tokyo)(5,23) 732. United Kingdom, consumer price index (M).—Department of Employment (London); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 733. Canada, consumer price index (M)—Statistics Canada (Ottawa); percent changes seasonally adjusted by Bureau of Econoniic Analysis (5,23) 735. Federal Republic of Germany, consumer price index (M).—Statistisches Bundesamt (Wiesbaden); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 736. France, consumer price index (M).—Institut National de la Statistique et des Etudes Economiques (Paris); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 737. Italy, consumer price index (M).—Istituto Centrale di Statistics (Rome); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 738. Japan, consumer price index (M).—Bureau of Statistics, Office of the Prime Minister (Tokyo); percent changes seasonally adjusted by Bureau of Economic Analysis (5,23) 742. United Kingdom, index of stock prices (M).-Central Statistical Office (London) (5,24) 743. Canada, index of stock prices (M).—Toronto Stock Exchange (Toronto) (5,24) 745. Federal Republic of Germany, index of stock prices (M).—Statistisches Bundesamt (Wiesbaden) (5,24) 746. France, index of stock prices (M).—Institut National de la Statistique et des Etudes Economiques (Pans) (5,24) 747. Italy, index of stock prices (M) —Banca d'ltalia (Rome) (5,24) 748. Japan, index of stock prices (M) —Bank of Japan (Tokyo) (5,24) 750. Index of weighted-average exchange value of U.S. dollar against currencies of 10 industrial countries (M).—Source 4 (5,24) 752. United Kingdom, exchange rate per U.S. dollar (M) -Sources 1 and 4 (5,24) 753. Canada, exchange rate per U.S. dollar (M).—Source 4 (5,24) 755. Federal Republic of Germany, exchange rate per U.S. dollar (M) —Source 4 (5,24) 756. France, exchange rate per U.S. dollar (M).-Source 4 (5,24) 757. Italy, exchange rate per U.S. dollar (M).-Source 4 (5,24) 758. Japan, exchange rate per U.S. dollar (M).—Source 4 (5,24) SURVEY OF CURRENT BUSINESS April 1992 CURRENT S-l BUSINESS STATISTICS 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. Current data for the series shown in the S-pages are available on diskette on a subscription basis or from the Commerce Department's Economic Bulletin Board. Historical data, data sources, and methodological notes for each series are published in BUSINESS STATISTICS, 1961-88. For more information, write to Business Statistics Branch, Business Outlook Division (BE-52), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. NOTE.—This section of the SURVEY is prepared by the Business Statistics Branch. Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, i96i-88 Annual 1990 1992 1991 1991 Feb. | Mar. Apr. May | June July Aug. Sept. Oct. | Nov. Dec. Jan. Feb. Mar. 1. GENERAL BUSINESS INDICATORS PERSONAL INCOME BY SOURCE t [Billions of dollars] Seasonally adjusted, at annual rates: Total personal income Wage and salary disbursements, total . Commodity-producing industries, total Manufacturing Distributive industries Service industries Government Other labor income Proprietors' income: $ Farm . Nonfarm Rental income of persons with capital consumption adjustment Personal dividend income Personal interest income Transfer payments to persons Less: Personal contributions for social insurance ... Total nonfarm income 4,679.8 4,834.4 4,761.2 4,781.4 4,792.0 4,825.5 4,845.8 4,833.1 4,854.2 4,872.8 4,883.0 4,877.2 4,925.6 "4,914.7 "4,963.2 4,990.5 2,738.9 745.4 555.8 634.6 845.0 514.0 274.0 2,808.3 738.7 556.5 641.2 887.8 540.6 290.6 2,767.6 734.1 549.1 635.4 862.1 536.1 284.2 2,773.4 728.5 545.8 636.1 870.8 538.1 285.8 2,779.4 731.0 548.8 635.8 873.7 538.8 287.2 2,799.5 735.8 552.4 641.7 881.5 540.5 288.6 2,822.8 738.7 555.8 648.3 893.7 542.0 289.9 2,808.1 739.4 557.7 639.3 886.3 543.1 291.3 2,823.6 743.3 560.7 644.3 894.5 541.5 292.7 2,835.9 744.4 561.6 648.3 902.3 540.8 294.2 2,830.2 747.5 566.4 640.5 899.8 542.3 295.6 2,835.0 739.4 561.0 644.6 906.7 544.2 297.0 2,852.7 745.2 565.6 646.4 915.1 546.0 298.3 "2,836.7 "734.7 "555.9 "640.4 "911.3 "550.4 299.7 "2,870.3 "738.2 "561.0 "651.7 "927.3 "553.1 301.1 2,882.0 741.4 562.2 653.0 933.4 554.3 302.4 "26.9 "361.3 "36.3 "366.7 370.4 47.7 42.5 35.1 29.2 41.8 39.4 43.4 36.0 32.0 31.0 33.0 42.4 27.1 38.9 330.7 344.5 332.2 332.2 336.2 340.8 344.3 347.9 350.3 353.3 353.9 355.3 358.4 -12.9 124.8 721.3 684.9 224.3 4,614.5 -12.7 128.5 718.6 759.5 238.0 4,775.5 -12.3 129.5 729.8 736.2 235.3 4,708.7 -11.3 127.8 726.0 741.5 235.8 4,716.2 -11.7 127.2 723.8 746.5 235.9 4,729.1 -11.6 127.5 721.7 752.6 237.0 4,758.5 -11.6 127.6 719.8 755.5 238.3 4,786.2 -12.9 128.3 718.1 758.7 238.3 4,777.3 -14.2 128.6 716.6 765.0 239.4 4,799.3 -15.5 129.1 715.5 767.4 240.2 4,815.7 -19.1 129.3 710.5 780.1 239.8 4,816.6 -11.5 129.5 705.8 779.1 240.1 4,825.8 129.4 700.9 797.1 241.4 4,862.5 "-9.8 129.1 "693.8 "820.2 "243.3 "4,863.6 "-11. 3 129.4 "687.7 "828.6 "245.6 "4,902.6 -11.1 129.7 682.7 833.0 246.4 4,918.4 4,679.8 621.0 4,058.8 3,853.1 3,742.6 465.9 1,217.7 2,059.0 107.5 4,834.4 616.1 4,218.4 3,999.1 3,889.1 445.2 1,251.9 2,191.9 106.8 4,761.2 616.1 4,145.1 3,938.0 3,827.5 438.2 1,249.5 2,139.8 107.4 4,781.4 613.4 4,168.0 3,974.0 3,863.3 458.6 1,249.9 2,154.7 107.6 4,792.0 612.7 4,179.3 3,952.3 3,841.7 434.0 1,243.8 2,163.9 107.5 4,825.5 613.2 4,212.3 3,983.7 3,873.5 437.3 1,259.1 2,177.1 107.1 4,845.8 615.0 4,230.8 4,000.1 3,890.2 448.6 1,255.8 2,185.9 106.8 4,833.1 612.0 4,221.1 4,017.6 3,908.0 453.8 1,262.0 2,192.2 106.6 4,854.2 615.2 4,239.0 4,020.0 3,910.7 449.0 1,258.5 2,203.3 106.4 4,872.8 618.1 4,254.7 4,039.5 3,930.6 456.0 1,251.7 2,222.8 106.0 4,883.0 618.1 4,264.9 4,032.1 3,922.7 449.4 1,248.2 2,225.0 105.9 4,877.2 617.5 4,259.7 4,061.8 3,952.1 447.1 1,254.2 2,250.9 106.2 4,925.6 619.7 4,305.9 4,066.5 3,956.2 445.5 1,250.9 2,259.8 106.8 "4,914.7 "618.2 "4,296.5 "4,110.0 "3,999.9 "463.5 "1,267.4 "2,269.0 106.5 "4,963.2 "626.3 "4,336.9 "4,140.0 "4,029.9 "471.3 "1,275.8 "2,282.8 106.5 4,990.5 606.6 4,383.9 4,150.7 4,040.7 470.0 1,269.2 2,301.5 106.5 -8.6 DISPOSITION OF PERSONAL INCOME t [Billions of dollars, unless otherwise indicated] 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 persons Personal transfer payments to rest of the world (net) Equals: personal saving Personal saving as percentage of disposable personal income § Disposable personal income in constant (1987) dollars Personal consumption expenditures in constant (1987) dollars Durable goods Nondurable goods Services Implicit price deflator for personal consumption expenditures, 1987=100 2.9 3.2 3.1 3.1 3.1 3.1 3.1 2.9 2.9 2.9 3.5 3.5 3.5 3.5 3.5 3.5 205.8 219.3 207.0 194.1 227.1 228.6 230.7 203.5 218.9 215.2 232.8 197.9 239.4 "186.6 "197.0 233.2 5.1 5.2 5.1 5.0 5.2 5.4 5.2 5.1 5.0 5.2 5.1 5.2 4.9 3,538.3 3,534.9 3,506.8 3,528.1 3,524.1 3,538.5 3,549.7 3,535.5 3,541.4 3,543.1 3,545.1 3,532.8 3,564.5 "3,554.0 "3,572.4 3,594.6 3,262.6 438.9 1,050.8 1,773.0 3,258.9 412.5 1,043.0 1,803.4 3,238.1 407.6 1,045.6 1,784.9 3,270.1 427.0 1,050.8 1,792.4 3,239.4 403.2 1,041.5 1,794.7 3,253.9 406.2 1,051.2 1,796.5 3,263.9 417.4 1,045.9 1,800.6 3,273.3 419.6 1,052.5 1,801.2 3,267.1 415.0 1,046.2 1,805.9 3,273.2 420.1 1,039.6 1,813.4 3,260.6 413.1 1,036.8 1,810.7 3,277.7 411.1 1,037.3 1,829.3 3,275.0 412.2 1,033.4 1,829.4 "3,308.6 "427.3 "1,049.3 "1,832.0 "3,319.5 "432.3 "1,052.0 "1,835.2 3,313.2 430.2 1,041.4 1,841.7 114.7 119.3 118.2 118.1 118.6 119.0 119.2 119.4 119.7 120.1 120.3 120.6 120.8 120.9 "121.4 122.0 109.2 107.0 106.1 104.2 104.4 104.7 109.2 106.6 110.4 111.4 109.8 107.5 "105.2 "104.7 "107.3 "106.7 102.6 108.0 109.9 111.6 107.8 101.1 109.2 107.4 107.1 107.9 105.0 120.7 104.9 106.1 103.4 102.3 109.6 103.9 104.9 102.5 100.2 100.0 105.2 106.1 104.1 100.9 106.8 110.3 109.6 111.1 110.4 107.1 105.1 109.7 100.6 109.7 111.4 108.8 114.8 100.6 105.7 113.0 110.8 115.7 101.4 105.8 106.4 105.2 111.7 110.4 113.5 102.0 105.6 108.2 107.8 108.7 100.0 "1172 104.6 104.4 "104.9 "98.9 "127.2 "103.3 "103.0 103.7 "100.3 "123.1 "106.5 "106.6 "106.5 '98.6 '112.6 '106.9 '107.1 '106.6 109.2 107.1 105.7 105.0 105.5 106.4 107.3 108.1 108.0 108.4 108.4 108.1 107.4 "106.4 "106.9 '107.2 108.5 109.8 108.4 108.9 110.4 109.4 109.0 110.6 109.7 109.0 110.6 110.0 "108.4 " 109.9 "109.1 "107.4 "108.6 "108.0 "107.9 "109.3 "108.5 '108.3 '109.6 '109.0 "4.8 4.7 INDUSTRIAL PRODUCTION 0 [1987=100] Not seasonally adjusted: Total index By industry groups: Mining Utilities Manufacturing Durable Nondurable Seasonally adjusted: Total index By market groups: Products total Final products Consumer aoods See footnotes at end of tables. 110.1 110.8 107.3 108.1 109.6 107.5 106.9 108.3 104.7 106.5 108.1 104.7 106.9 108.7 105.5 98.5 97.9 107.7 109.3 106.6 108.6 110.1 108.0 98.0 108.7 110.2 108.3 97.5 SURVEY OF CURRENT BUSINESS S-2 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual 1990 | 1992 1991 1991 Feb. | Mar. Apr. May June I July Aug. I Sept. I Oct. NovT] Dec. Jan. Feb. Mar,, 1. GENERAL BUSINESS INDICATORS-Continued INDUSTRIAL PRODUCTION 0-Continued [1987= 100] Seasonally adjusted—Continued By market groups—Continued Final products—Continued Consumer goods—Continued Durable Automotive products Autos and trucks Other durable goods Nondurable Foods and tobacco Clothing Chemical products . Paper products Energy products Equipment total Business equipment Information processing and related Office and computing machines . Industrial Transit Autos and trucks Defense and space equipment Oil and gas well drilling .. . Manufactured homes Intermediate products Construction supplies Business supplies Materials Durable Nondurable Energy . . By industry groups: Mining Metal mining Coal Oil and gas extraction # Crude oil Natural gas Stone and earth minerals Utilities Electric Gas Manufacturing Durable Lumber and products Furniture and fixtures Clay, glass, and stone products Primary metals Iron and steel Nonferrous Fabricated metal products Nonelectrical machinery Electrical machinery Transportation equipment Motor vehicles and parts Instruments Nondurable Foods Tobacco products Textile mil! products Apparel products Paper and products Printing and publishing Chemicals and products Petroleum products Rubber and plastics products Leather and products 106.1 1022 97.2 1093 1076 105.9 957 1132 119.6 1059 1155 123.0 127.2 149.6 1152 130.0 96.7 973 1093 90.6 107.7 1052 1094 1078 111.8 106.0 1021 102.4 983 90.8 1057 1089 106.8 935 1159 123.4 1080 1123 121.6 131.5 155.6 1081 127.2 89.2 91 0 941 85.4 103.3 961 1083 1055 1071 106.0 1023 95.2 881 74.7 1007 1073 105.9 908 1148 121.0 1052 1129 120.6 131.6 157.3 1091 120.3 75.0 945 1082 77.3 102.6 964 1068 1039 105.5 103.6 101 1 959 889 76.7 101 4 1071 105.4 904 1142 122.2 1055 1125 1203 131.2 155.1 1095 1204 76.7 939 1077 79.3 101.3 940 1064 1026 1033 102.8 101 3 99.3 942 85.0 1034 1072 105.3 906 1150 122.7 1044 1128 121.3 131.5 155.6 1093 124.1 84.4 925 105.1 83.1 101.2 949 1056 1034 104.9 103.1 101.1 101.1 974 89.2 1041 1081 106.2 920 1139 121.8 1090 1127 121.7 131.8 155.6 1093 125.9 87.9 91 5 101.3 86.6 102.7 958 1075 104.5 106.2 103.7 102.4 1042 1004 92.5 1073 1090 106.9 939 1143 123.3 1100 1128 121.9 130.9 154.0 1091 128.0 90.8 91 0 1030 90.8 104.0 974 1085 1054 106.7 104.9 103.4 105.5 1023 98.1 1081 1090 106.9 943 1154 122.1 1094 1128 122.5 131.1 156.0 1090 131.2 96.6 900 978 86.5 104.0 969 1090 1070 108.2 108.1 104.1 104.0 986 90.2 1083 1096 107.1 948 1174 122.6 1095 111 6 121.3 130.3 153.1 1086 126.7 862 898 867 90.3 104.4 967 1097 107.2 109.1 107.8 103.3 107.7 1065 103.0 1087 1098 107.8 952 1173 124.8 1067 111 8 122.2 130.3 152.2 1082 132.7 99.3 891 80.1 86.2 104.3 965 1097 1075 109.3 108.3 103.6 1075 1067 105.1 1081 1103 107.8 963 1170 125.6 1085 111 9 122.3 131.7 156.0 1068 133.1 101.1 891 790 86.3 104.1 954 1101 107.4 108.8 109.6 103.1 106.0 1036 99.0 1080 111 1 108.1 965 1179 126.4 1120 111 4 121.8 133.4 157.8 1042 130.5 96.5 888 78.1 87.0 103.9 959 109.4 106.6 108.6 107.7 102.2 T 104.6 "1013 96.7 1072 -1103 '107.0 962 'r 118.0 126.8 r 109.3 '110.9 121.4 r 134.0 159.1 r 102.3 r 129.5 96.1 '88.1 75.8 '87.5 r 103.8 '95.0 '110.0 '105.8 108.1 107.1 '100.4 '101.4 '940 84.3 '1074 '1098 '107.0 '950 '1179 '126.8 '1067 '109.5 '119.8 134.1 160.6 1006 '124.2 84.9 '869 71.8 '98.3 '103.4 95.3 '109.0 '104.9 '106.9 '106.2 '100.2 '104.6 '1008 94.3 '1076 '109.6 '107.2 '948 '1185 '124.6 '106.1 '110.4 121.2 '134.8 '162.2 '101.2 '129.5 94.7 '86.3 73.9 '101.7 '103.6 '95.3 '109.4 '105.2 '107.5 '106.3 '100.4 P 105.1 '101.9 '95.7 '1076 * 110.1 '107.0 '945 '119.1 '125.6 '109.0 '110.5 '121.4 '135.0 '163.0 '101.3 '129.4 '95.0 '85.8 '76.2 '103.0 '103.9 '95.1 '110.1 '105.4 '107.5 '106.3 '101.0 102.5 1528 1134 95.5 875 1046 119.3 108.0 1108 97.7 109.9 111.6 101.1 1059 105.8 108.2 1097 106.1 1058 1265 111.4 1055 96.8 116.9 1078 107.6 98.7 1007 98.8 105.4 112.0 110.1 1083 110.2 999 101.1 1502 109.3 95.8 884 1078 108.5 108.9 1127 95.0 107.5 107.1 94.1 991 95.0 99.6 982 101.6 1004 1235 110.1 988 90.8 118.1 1079 108.6 100.1 100.6 96.1 105.0 112.1 110.9 107.6 110.1 88.1 102.9 1480 112.8 97.2 890 1064 112.0 104.6 1078 92.8 106.1 106.1 91.5 94.9 98.9 99.5 980 101.6 991 124.5 108.2 955 79.4 119.3 106.0 107.6 100.1 94.3 93.1 102.2 110.9 109.1 108.8 106.1 90.8 101.5 1476 1099 96.4 884 1049 108.0 106.4 1098 93.6 105.2 105.0 91.2 954 94.4 94.7 920 98.4 978 1231 108.6 950 79.8 118.4 105.4 107.4 98.2 95.4 92.5 101.3 110.4 108.2 108.5 104.4 91.5 100.9 1457 105.9 96.6 887 106.3 107.0 105.9 109.8 91.6 105.9 106.0 92.7 98.3 94.2 94.5 91.6 98.5 98.0 123.5 109.7 97.2 86.2 118.6 105.9 107.6 97.6 97.2 93.2 101.3 110.7 109.0 105.7 106.6 90.0 100.2 148.0 103.4 96.0 876 107.5 107.5 111.4 116.4 92.8 106.6 106.7 92.5 98.5 95.1 96.9 94.0 101.0 99.1 123.6 110.6 98.2 89.8 118.2 106.5 107.8 98.7 99.2 95.2 101.3 110.6 109.2 107.5 109.2 89.5 102.1 1570 110.2 96.9 876 110.1 106.4 111.5 117.1 90.7 107.5 107.3 96.7 99.4 95.0 96.4 92.9 101.5 99.8 123.4 111.5 99.7 92.5 117.3 107.6 108.6 99.4 101.7 96.2 105.3 111.2 109.6 109.6 110.5 90.9 102.7 1530 116.0 96.4 883 109.0 107.8 110.9 116.6 89.7 108.3 108.1 94.8 100.5 95.8 101.2 99.5 103.5 100.9 123.9 111.0 101.3 96.7 116.5 108.6 108.3 102.6 104.2 97.8 108.1 111.9 111.5 108.3 110.1 91.0 101.3 155.5 110.8 95.7 887 108.8 107.0 110.7 115.6 92.4 108.4 107.8 95.3 101.3 95.5 102.6 100.6 105.5 101.4 123.3 111.5 99.0 91.6 116.9 109.0 108.7 103.1 104.7 98.3 106.5 112.3 112.3 107.3 112.6 87.1 101.4 1531 110.1 96.0 888 1125 107.3 109.7 113,4 95.8 108.9 108.4 95.2 101.2 94.4 102.3 100.8 104.4 101.9 123.1 111.0 102.2 99.5 118.1 109.6 109.5 102.7 103.2 98.1 108.0 113.3 112.6 108.6 113.8 85.8 100.7 146.5 107.9 96.0 889 112.4 105.9 109.4 112.2 98.9 109.0 108.2 93.8 100.5 94.4 102.6 102.4 102.9 101.9 123.5 109.8 102.4 100.4 118.2 110.1 109.4 102.2 105.5 98.7 109.0 114.4 113.5 106.0 113.2 83.9 99.6 151.5 108.4 94.1 87.4 109.1 105.8 111.0 112.7 104.7 108.6 107.8 96.4 99.9 92.8 103.5 105.6 100.5 101.8 122.8 110.7 99.7 95.9 118.7 109.6 110.1 97.7 104.4 98.8 106.1 114.2 113.0 106.7 112.6 84.3 '98.8 '154.0 107.6 '93.0 87.5 '105.6 '106.4 107.9 '109.9 '100.5 108.1 '107.1 '95.2 '100.6 '93.0 '101.3 101.7 '100.8 '101.2 '121.9 '110.6 '98.0 94.6 '119.0 '109.5 '109.6 '94.7 '102.5 '99.0 107.0 '114.5 '112.6 '108.6 '113.0 83.2 '97.5 '144.8 107.3 '92.0 '88.1 102.8 '104.1 '106.8 '109.3 '97.6 '107.2 105.8 '97.1 '98.7 '92.6 '101.9 '104.0 '98.9 '99.6 '121.4 '110.3 '93.7 '87.1 '118.3 '109.0 '109.2 '98.8 ••102.1 '97.5 '104.4 '114.6 '112.4 '106.3 '113.0 '83.0 '98.1 '153.2 '107.9 '92.4 86.0 106.2 '103.6 '106.6 '109.1 '97.0 '107.8 '106.7 '97.9 '98.5 '94.2 '100.0 '100.6 '99.1 '100.4 '121.8 '110.8 '97.1 '93.8 '118.8 '109.1 '109.4 '98.5 '103.0 '97.0 '104.5 '113.9 '113.1 '106.9 '112.4 '81.0 '97.9 '153.2 '106.2 '92.3 531 115 530 872 234,886 119,721 115165 150,967 53,490 97,477 145,019 68,945 76074 551 778 535926 238 289 121,024 117265 152,710 54,074 98,636 144,927 68,564 76363 551 353 536977 239,118 122,240 116878 152,642 54,212 98,430 145,217 69,347 75870 520 634 541 023 240,193 122,994 117199 153,195 54,117 99,078 147,635 70,618 77017 550 380 539578 241 ,894 124,459 117435 152,160 53,390 98,770 145,524 69,902 75622 550077 540898 242,240 124,965 117275 152,658 54,619 98,039 146,000 71 ,070 74930 563 691 542982 245,134 126,404 118730 152,483 54,657 97,826 145,365 70,222 75143 542696 542757 245,480 126,547 118933 152,505 54,247 98,258 144,772 69,855 74917 553355 532 637 235,997 119,795 116202 152,440 54,687 97,753 144,200 69,590 74,610 '491,445 '537166 '236,367 '121,615 '114752 '155,657 '56,178 '99,479 '145,142 '70,163 '74,979 512,136 544847 241,229 124,892 116,337 157,711 57,375 100,336 145,907 70,739 75,168 4687 2193 1232 126.2 4726 222.0 1242 126.5 4739 4782 2237 1247 129.8 4764 224.5 1237 128.2 r BUSINESS SALES [Millions of dollars; constant (1982) dollar series in billions of dollars] Manufacturinq and trade sales (unadi ) total Manufacturinq and trade sales (seas adj ) total Manufacturing total Durable goods industries Nondurable goods industries Retail trade total Durable goods stores Nondurable goods stores Merchant wholesalers, total „ Durable goods establishments Nondurable qoods establishments Manufacturing and trade sales in constant (1982) dollars (seas adj ) total Man ufacturi ng Retail trade Merchant wholesalers See footnotes at end of tables. 6515005 6 515 005 7 2 917 465 1 504 650 1 412815 1 1807 219 654 757 1 152462 1 1,790,321 876182 914 139 ; 6 424 272 / 6 424 272 ' 2 863 603 1 459 051 1 404 552 7 1 821 027 644 963 1 176,064 1 1,739,642 834 853 904 789 491 129 r 527 81 8 233215 117432 115783 r 150 699 ' 53 088 ' 97,611 r 143,904 T 68,926 r 74 978 4624 2153 1231 124.0 532 805 523 51 8 228715 114487 114228 r 151 868 r 53 943 r 97,925 142,935 69,280 73655 r 4604 2131 1237 123.7 9P9ft 1241 127.1 '104,,9 '108,,8 '111,3 '99,6 '107,9 '106,8 '97,9 '100..1 '93,2 '99,,9 '100..9 '98,6 '100,,1 '122,6 '110,7 '97,4 '94,,1 '118,2 '109..3 '109,,1 '99,,1 '103,,3 '97,1 '105,,3 '1142 '113,3 '107,4 '112,7 '81,1 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as y shown in BUSINESS STATISTICS, 1951-88 Annual 1990 | April 1992 • 1991 1991 Feb. | Mar. | Apr. May | June July | Aug. Sept. | Oct. Nov. | Dec. Jan. Feb. 1. GENERAL BUSINESS INDICATORS-Continued BUSINESS INVENTORIES [Millions of dollars; constant (1982) dollar series in billions of dollars] Manufacturing and trade inventories, book value (non-LIFO basis), end of period, (unadjusted), total Manufacturing and trade inventories, book value (non-LIFO basis), end of period, (seas, adj.), total Manufacturing total Durable goods industries Nondurable goods industries Retail trade, total Durable goods stores Nondurable goods stores Merchant wholesalers total Durable goods establishments Nondurable goods establishments Manufacturing and trade inventories in constant (1982) dollars end of period (seas adj ) total Manufacturing Retail trade Merchant wholesalers r 807 593 813118 815348 807218 820 398 820214 812683 801 777 802438 800 602 807 582 828166 832 045 807218 825,363 388811 252836 135,975 241,860 120488 121 372 194692 127949 66743 816,683 r 827,588 819,615 375 701 388459 385 982 240 292 252256 250 405 135409 136,203 135,577 244767 '241 082 236,900 118327 '119189 116041 126440 r121 893 120859 r 196215 r 198 047 196 733 127336 r130 955 129885 67 092 66848 68879 816,893 385145 249546 135599 236 696 116087 120609 195052 128607 66445 811,713 381 877 246964 134,913 236204 115490 120714 193632 126816 66816 807,105 379968 245642 134,326 235,098 114305 120793 192039 125 707 66332 806,802 378 002 244467 133,535 235,994 114754 121 240 192 806 126056 66750 806,648 377388 243616 133,772 236,757 115279 121 478 192503 125992 66511 809,793 378 837 244310 134,527 239,745 117437 122308 191211 124418 66793 813,024 378064 242816 135,248 241,955 118172 123783 193 005 124301 68704 813,898 377820 242290 135,530 242,186 117735 124,451 193,892 125174 68,718 816,683 r 81 2,989 375 701 rr 373 992 240292 r 238 891 135,409 135,1 01 244,767 r 242,426 118327 ' 116 529 126,440 '125,897 196,215 rr 196,571 127 336 126 635 68,879 " 69 936 6939 3308 1897 1733 6877 3294 1865 171 8 6872 3296 1868 1708 6836 3275 1865 1697 6808 3262 1862 1683 6807 3247 1867 1692 6796 3237 1865 1694 1 57 1.67 2.15 60 1.01 .53 1.18 .43 .19 55 1.60 '2.25 1 25 1 38 1.90 r .89 1 57 1.69 2.19 61 1.04 .54 1.19 .43 .19 56 1.56 r 2.15 r 123 1 38 1.87 .91 1 54 1.64 2.08 58 99 .52 1.18 .43 .19 55 1.57 2.17 1 24 1 35 1.87 .87 1 51 1.60 2.04 57 .97 .51 1.15 .42 .19 .54 1.55 2.14 1 22 1 34 1.85 .87 1.50 1.59 2.01 .55 .96 .49 1.15 .42 .19 .54 1.54 2.11 123 1.32 1.81 .87 1 49 1.57 1.99 54 .95 .49 1.14 .42 .19 .53 1.54 2.12 122 1.31 1.79 .87 1 49 1.56 1.96 54 .93 .48 1.14 .42 .19 .53 1.56 2.16 123 1.32 1.80 .88 1 50 1.56 1.96 54 .93 .48 1.15 .42 .19 .53 1.57 2.15 125 1.31 1.75 .89 1 50 1.54 1.92 53 .91 .48 1.14 .42 .19 .53 1.59 2.16 1.27 1.33 1.77 .91 1.50 1.54 1.91 .53 .91 .48 1.14 .41 .19 .54 1.59 2.17 1.27 1.34 1.79 .92 1.53 1.59 2.01 .55 .95 .50 1.17 .43 .19 .55 1.61 2.16 129 1.36 1.83 .92 r 1.51 '1.58 r 1.96 .54 r .93 .49 1.18 .43 .20 .55 1.56 '2.07 127 r 1.35 1.80 '.93 1.49 1.55 1.90 .52 .90 .48 1.16 .42 20 .54 1.54 2.05 1.24 1.36 1.80 .94 1 50 1 54 1 54 1 40 1 49 1 55 1 51 1.39 1 47 1 50 1 52 1 35 1 45 1 48 1 50 1.34 1.44 1 46 150 1.32 142 1 45 1 50 1.30 1.43 1 44 1 51 1.32 231 617 116914 4290 10,728 4299 14,819 20308 16459 29,488 17,002 9,462 114703 32651 1 826 4,831 10,334 24 205 13,261 7482 233,215 238,810 122049 4402 10,650 4 110 15,443 23286 17443 29230 15,952 10,182 116761 33904 2944 5,189 10,253 24200 12,838 7497 228,715 235,069 120571 4757 10,966 4327 15,017 20557 16197 31 ,591 18,767 9,632 114498 32152 1 817 5,026 9,921 24971 13,509 7799 234,886 240,483 123418 4756 10,764 4385 15,367 20366 17006 33,179 20,605 9,920 117065 33700 2906 5,214 9,851 24560 14,352 7807 238,289 254,733 133092 5209 10,949 4463 16,144 24383 18360 34,310 19,809 10,774 121 641 34,635 3130 5,938 10,738 24992 14,136 8298 239,118 218,827 107332 4765 9,836 3970 13,541 17876 15251 25,671 14,233 9,067 111 495 31,765 1 792 4,773 9,964 22566 13,672 7559 240,193 242,053 122340 5158 10,854 4399 15,404 19147 17061 31,889 19,311 9,968 119713 33,370 2456 5,901 10,406 24037 14,394 7997 241,894 257,962 133506 5,239 11,272 4561 16,143 22726 19094 35,448 20,827 10,599 124456 35,140 2954 6,186 10,563 25047 14,406 8378 242,240 253,919 130927 5,138 11,237 4622 16,593 20731 17501 36,554 23,388 10,124 122992 34,441 2390 6,194 10,411 24 115 14,587 8388 245,134 245,363 125777 4,754 10,563 4257 15,525 20278 18315 33,836 20,181 10,391 119586 33,738 3,454 5,840 9,953 23034 14,271 7487 245,480 230,512 118,503 3,963 9,394 3,885 13,929 22592 18344 28,918 14,344 10,753 112,009 32,702 2,825 5,047 9,790 22590 12,981 6,931 235,997 '213,596 '106887 '4,061 '10,143 '4,330 '13,449 '17544 '15213 '26,763 '17,016 '8,607 '106709 '30,025 '1,599 '4,857 '9,808 '23347 '11,546 '7,378 '236,367 237,825 123,412 4,494 10,881 4,463 15,230 20,027 17024 33,740 20,780 9,459 114,413 32,759 1,868 5,483 10,282 24168 11,732 8,042 241,229 117,432 4544 10,620 4,281 14616 20897 16517 28,912 15726 9797 115783 32,917 2,286 4,878 10218 23816 14,099 7,395 114,487 4,397 10,220 3,900 14,532 20,840 16525 27,314 14,910 9488 114,228 33,111 2,452 4,932 9,994 22,885 13.584 7,303 119,721 4,556 10,626 4,135 14,711 20,890 16755 30,402 17,372 10137 115,165 32,854 2,095 5,085 9,949 24,117 13,760 7,527 121,024 4,617 10,569 4,220 14,715 20,735 17218 31,310 18,515 10012 117,265 33,316 2,567 5,233 9,952 24,543 14,331 7,482 122,240 4,762 10,418 4,212 15,003 21,142 17082 31,823 18,561 9962 116,878 33,265 2,560 5,437 10,284 23,895 14,151 7,626 122,994 5,006 10,611 4,296 14,895 20,511 17166 32,692 19,979 9933 117,199 32,981 2,556 5,546 10,251 24,062 13,714 7,927 124,459 4,884 10,754 4,426 15,401 20,526 17114 33,198 19,879 10291 117,435 33.273 2,547 5,598 10,266 24,027 13,687 7,930 124,965 4,853 10,857 4,480 15,291 20,683 17343 33,836 20,041 9964 117,275 33,246 2,585 5,634 10,317 24,025 13.348 8,064 126,404 4,744 10,754 4,451 15,716 20,979 17389 34,713 20,954 10078 118,730 33,379 2,597 5,736 10,234 24,354 13,826 8,032 126,547 4,738 10,717 4,352 15,847 21,237 17,876 33,573 19,836 10,235 118,933 33.897 3,010 5,661 10,199 23,809 13,712 7,920 119,795 '121,615 '4,697 4,608 10,412 '10,688 4,296 '4,456 15,214 '15,145 20,410 '20,888 17,766 '17,094 29,658 '30,788 17,818 '18,360 9,840 '9,705 116,202 '114,752 33,233 '32,502 2.275 '2,513 5,509 '5,605 10,167 '10,088 23.726 '23,966 12.897 '12.038 7,719 '7,975 124,892 4,802 10,877 4,504 15,220 20,709 17,311 33,397 19,773 9,839 116,337 33.138 2.398 5.612 10,182 24,008 12.756 8.028 827 742 812,992 372 823 237,663 135,160 242,431 117569 124,862 197,738 127230 70,508 BUSINESS INVENTORY-SALES RATIOS Manufacturing and trade total Manufacturing, total Durable goods industries Materials and supplies Work in process Finished goods Nondurable goods industries Materials and supplies Work in process Finished goods Retail trade total Durable goods stores Nondurable goods stores Merchant wholesalers total Durable goods establishments Nondurable goods establishments Manufacturing and trade in constant (1982) dollars, total Manufacturinq Retail trade Merchant wholesalers MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS t [Millions of dollars] Shipments (not seas adj ) total Durable goods industries total Stone clay and glass products Primary metals Blast furnaces steel mills Fabricated metal products Flprtrnn'r and nthpr plprtriral PH I'nmpnt Transportation equipment Motor vehicles and parts Instruments and related products Nondurable qoods industries total Food and kindred products Tobacco products Textile mill products Paper and allied products Petroleum and coal products Shipments (seas adj ) total By industry group: Durable goods industries total # Stone clay and glass products Primary metals Blast furnaces steel mills Fabricated metal products Industrial machinery and equipment Electronic and other electrical equipment Transportation equipment Motor vehicles and parts Instruments and related products 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 elastics products See footnotes at end of tables. 2917465 1 504 650 62897 144,185 58921 188,115 263 573 200 430 377,319 226,050 120,219 1 412815 397 090 28 161 63,535 128761 285 612 179,357 91 657 2 863 603 1 459 051 56464 127,830 51 777 181,275 250 080 205 789 375221 219,886 119586 1 404 552 398110 30042 64,406 122214 288018 167,342 92576 S-3 1992 Mar. S-4 • April 1992 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as Shown in BUSINESS STATISTICS, 1961-88 1990 1992 1991 Annual 1991 Feb. Mar. Apr. May June July | Aug. Sept. Oct. | Nov. Dec. Jan. Feb. | Mar. 1. GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS-Continued t [Millions of dollars] Shipments (seas, adj.)—Continued By market category: Home goods and apparel Consumer staples Machinery and equipment Automotive equipment Construction materials and supplies . Other materials, supplies, and intermediate products Supplementary series: Household durables Capital goods industries Nondefense . Defense Inventories, end of year or month: Book value (non-LIFO basis), (unadjusted), total Durable goods industries total Nondurable goods industries, total Book value (non-LIFO basis), (seasonally adjusted) total By industry group: Durable goods industries total # Stone, clay, and glass products Primary metals Blast furnaces, steel mills Fabricated metal products Industrial machinery and equipment Electronic and other electrical equipment Transportation equipment Motor vehicles and parts Instruments and related products By stage of fabrication: 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: Home goods and apparel Consumer staples Machinery and equipment . . Automotive equipment Construction materials and supplies Other materials, supplies, and intermediate products Supplementary series: Household durables Capital goods industries Nondefense Defense New orders net (unadj ) total Durable goods industries total Nondurable goods industries total New orders net (seas adi ) total By industry group: Durable goods industries, total Primary metals Blast furnaces, steel mills Nonferrous and other primary metals Fabricated metal products Industrial machinery and equipment Electronic and other electrical equipment ... Transportation equipment Aircraft, missiles, and parts Nondurable qoods industries total Industries with unfilled orders i Industries without unfilled orders 0 By market category: Home goods and apparel Consumer staples Machinery and equipment Automotive equipment Construction materials and supplies Other materials, supplies, and intermediate products Supplementary series: Household durables Capital qoods industries Nondefense Defense See footnotes at end of tables. ' 170,871 '670,558 '472,748 1 103,865 ' 170,750 '178,875 '671,622 '467,618 '98,020 '161,061 13,930 55,603 38,199 7,045 12,789 13,910 55,191 36,730 6,686 12,563 14,405 54,903 38,623 7,815 13,091 14,376 56,728 39,163 8,237 13,297 14,639 56,143 39,416 8,145 13,503 15,069 55,635 39,033 8,781 13,743 15,129 55,830 39,217 8,854 13,685 15,255 55,842 39,871 8,987 13,655 15,532 56,541 40,815 9,318 13,685 15,928 57,182 40,870 8,939 13,923 15,458 55,439 37,844 8,072 13,723 r 15,591 " 54,748 '38,674 "8,108 r 13,811 15,627 55,299 39,687 — •"•• 8,771 14,229 '983,829 '949,793 77,547 75,795 77,875 78,647 79,570 80,245 80,551 80,331 80,815 80,336 77,809 "78,665 79,973 '77,561 '491,594 '384,663 '106,931 '79,298 '489,885 '386,319 '103,566 6,242 40,71 1 32,213 8,498 6,215 39,971 31,405 8,566 6,460 40,593 31,733 8,860 6,445 40,543 32,131 8,412 6,383 41,398 32,848 8,550 6,678 39,978 31,732 8,246 6,786 41,400 32,260 9,140 6,836 41,577 32,547 9,030 6,900 42,163 33,316 8,847 7,088 42,374 33,565 8,809 6,643 39,536 31,148 8,388 "6,755 "40,303 "31,909 "8,394 6,752 41,474 32,523 8,951 382,135 247,615 134,520 369,493 235,130 134,363 390,570 253,719 136,851 386,434 251,017 135,417 387,458 251,304 136,154 384,554 249,380 135,174 378,904 245,429 133,475 378,863 245,338 133,525 378,749 244,736 134,013 377,445 243,223 134,222 378,171 242,689 135,482 377,403 241,914 135,489 369,493 235,130 134,363 "373,463 "237,799 "135,664 375,233 239,074 136,159 388,811 375,701 388,459 385,982 385,145 381,877 379,968 378,002 377,388 378,837 378,064 377,820 375,701 "373,992 372,823 252,836 8,157 23,651 11,658 24,585 47,724 30,067 73,424 13,039 24,273 240,292 7,968 21,359 10,476 22,715 45,337 28,504 71,138 12,777 23,333 252,256 8,243 23,216 11,368 24,717 48,198 29,698 73,551 13,228 23,928 250,405 8,138 23,265 11,426 24,272 47,921 29,719 73,116 12,919 23,640 249,546 8,096 23,029 11,216 23,992 48,014 29,714 72,985 12,867 23,743 246,984 8,016 22,645 11,023 23,649 47,764 29,522 72,109 12,447 23,567 245,642 8,019 22,509 10,943 23,433 46,922 29,333 72,071 12,479 23,717 244,467 7,968 22,217 10,851 23,163 46,985 29,377 71,612 12,488 23,638 243,616 7,988 22,065 10,774 23,101 46,735 29,159 71,466 12,564 23,603 244,310 7,905 21,947 10,724 23,001 46,580 29,035 72,458 12,694 23,606 242,816 7,860 21,787 10,587 22,959 46,448 28,886 71,690 12,777 23,482 242,290 7,962 21,591 10,522 23,018 46,011 28,746 71,976 12,973 23,233 240,292 7,968 21,359 10,476 22,715 45,337 28,504 71,138 12,777 23,333 "238,891 "7,911 "20,986 "10,303 "22,975 "44,914 "28,627 "70,409 "12,423 "23,013 237,663 7,937 20,861 10,330 22,778 44,468 28,605 70,159 12,418 22,823 71,191 119,169 62,476 135,975 27,784 5,375 8,846 13,362 32,366 13,175 11,995 66,067 114,295 59,930 70,980 119,010 62,266 70,101 118,646 61,658 69,274 118,041 62,231 68,425 117,308 61,231 67,387 117,748 60,507 66,936 117,350 60,181 66,951 116,308 60,357 67,027 116,762 60,521 66,823 115,492 60,501 66,555 115,382 60,353 66,067 114,295 59,930 "65,830 "113,401 "59,660 65,478 112,602 59,583 135,409 28,837 5,865 8,648 13,487 32,904 11,032 11,245 136,203 28,137 5,720 8,861 13,695 32,762 11,871 11,959 135,577 28,221 5,662 8,699 13,771 32,805 11,586 11,766 135,599 28,321 5,851 8,639 13,720 32,772 11,563 11,801 134,913 28,154 5,788 8,592 13,576 32,666 11,759 11,652 134,326 28,169 5,803 8,546 13,332 32,417 11,774 11,537 133,535 27,864 5,987 8,561 13,247 32,228 11,613 11,405 133,772 27,962 5,950 8,579 13,098 32,476 11,688 11,359 134,527 28,494 5,892 8,744 13,153 32,522 11,778 11,253 135,248 28,852 5,882 8,751 13,368 32,630 11,402 11,274 135,530 28,867 5,706 8,626 13,457 32,912 11,500 11,303 135,409 28,837 5,865 8,648 13,487 32,904 11,032 11,245 "135,101 "28,674 5,933 "8,756 "13,562 "32,609 "10,648 "11,230 135,160 28,767 5,974 8,783 13,535 32,807 10,518 11,113 49,710 22,906 63,359 49,693 22,311 63,405 49,706 22,369 64,128 49,661 21,998 63,918 49,523 22,296 63,780 49,342 22,224 63,347 49,305 22,395 82,626 49,409 22,228 61,898 49,237 22,339 62,196 49,284 22,786 62,457 49,556 22,820 62,872 49,326 22,479 63,725 49,693 22,311 63,405 "49,429 "22,601 "63,071 49,379 22,727 63,054 26,567 54,407 87,135 6,698 23,957 26,684 55,125 85,919 6,474 22,723 26,180 54,589 87,612 6,677 23,922 25,703 54,466 87,738 6,472 23,637 25,444 54,796 87,832 6,454 23,341 25,406 54,693 87,319 6,316 23,054 25,390 54,578 86,647 6,228 23,123 25,244 54,359 86,572 6,209 23,063 25,395 54,594 86,662 6,274 23,040 25,925 55,100 86.679 6,369 23,011 26,208 55,335 86,182 6,399 22,870 26,403 55,260 86,114 6,493 22,947 26,684 55,125 85,919 6,474 22,723 "27,193 "54,657 "85,583 "6,401 "22,652 27,341 54,801 84,915 6,383 22,716 131,364 124,552 131,474 130,508 129,945 128,491 127,715 126,666 126,018 126,008 125,775 125,701 124,552 "123,845 123,500 12,901 121,951 83,334 38,617 '2,923,715 '1,511,501 '1,412,214 12,391 116,530 81,644 34,886 12,758 121,907 83,908 37,999 12,442 121,538 83,985 37,553 12,225 121,727 84,146 37,581 12,134 120,871 83,747 37,124 12,080 119,975 82,869 37,106 11,923 119,629 82,925 36,704 11,961 118,977 82,985 35,992 12,194 12,163 118,224 119,448 82,727 , 82,072 36,152 36,721 12,312 117,707 81,949 35,758 12,391 116,530 81,644 34,886 "12,520 "115,648 "81,309 "34,339 12,497 114,624 80,604 34,020 '2,847,458 '1,441,665 '1,405,793 234,071 119,158 114,913 238,355 120,990 117,365 231,020 116,644 114,376 237,591 119,718 117,873 246,990 125,745 121,245 226,615 114,829 111,786 240,835 120,697 120,138 253,067 128,355 124,712 249,441 126,956 122,485 242,579 123,343 119,236 229,451 117,481 111,970 "215,622 "108,873 "106,749 234,570 119,996 114,574 '2,923,715 '2,847,458 233,132 226,431 231,229 236,540 233,725 248,090 243,160 237,624 242,230 243,138 234,102 "235,188 236,365 '1,511,501 '143,388 '58,201 '73,379 '187,049 '261,443 '201,261 '393,599 '145,798 '1,441,665 '128,836 '50,966 '64,875 '180,083 '245,446 '203,696 '370,751 '130,040 117,547 9,776 3,839 5,134 14,278 19,899 18,067 29,758 12,801 112,116 9,725 3,664 5,274 14,328 19,872 15,642 28,343 12,015 116,139 10,490 4,279 5,429 14,874 20,243 17,330 27,453 8,677 118,434 10,377 4,223 5,360 14,703 20,955 16,911 28,781 7,596 117,128 10,782 4,476 5,429 14,592 20,137 15,371 29,814 9,890 130,827 11,496 5.088 5,515 14,875 20,522 17,523 37,882 16,595 125,482 11,318 4,924 5,525 15,370 20,374 16,174 34,404 11,860 120,092 10,823 4,483 5,525 15,193 20,987 16,830 29,352 6,993 123,325 10,493 4,453 5,204 15,469 20,259 17,431 32,648 10,125 124,046 10,714 4,138 5,766 15,652 20,491 17,642 33,618 12,664 117,785 9,869 3,635 5,328 15,133 19,842 18,281 29,018 10,007 "120,567 "10,099 "3,915 "5,296 "15,447 "21,002 "17,354 "29,577 "9,661 120,181 10,902 4,364 5,757 15,101 20,602 17,027 29,839 8,295 '1,412,214 '351,172 '1,061,042 '1,405,793 '343,988 '1,061,805 115,585 28,463 87,122 114,315 28,363 85,952 115,090 27,916 87,174 118,106 29,033 89,073 116,597 27,958 88,639 117,263 28,808 88,455 117,678 28,983 88,695 117,532 28,972 88,560 118,905 29,217 89,688 119,092 29,042 90,050 116,317 28,740 87,577 "114,621 "27,917 "86,704 116,184 28,162 88,022 '171,099 '670,419 '495,458 '103,683 '170,287 '178,994 '671,610 '457,146 '98,233 '161,632 13,668 55,599 39,282 7,049 12,655 13,925 55,209 36,967 6,660 12,644 14,601 54,838 35,803 7,828 13,199 14,528 56,698 35,251 8,262 13,411 14,645 56,249 35,301 13,633 15,036 55,692 42,265 8,785 14,325 15,409 55,815 37,554 8,902 13,716 15,554 55,835 38,050 9,308 13,721 15,678 56,592 39,392 9,288 13,606 16,108 57,110 42,096 8,886 13,670 15,660 55,380 35,484 7,993 13,719 "15,346 "54,791 "38,155 "8,125 "13,980 15,537 55,292 38,180 8,788 14,082 '980,655 '949,257 77,449 74,854 77,834 79,391 78,452 83,243 81,450 80,243 79,531 80,406 76,853 "78,642 79,511 '77,099 '501,797 '408,380 '93,417 '79,528 '474,376 '378,012 '96,354 6,092 41,678 33,756 7,922 6,167 38,632 31,940 6,692 6,580 36,538 28,748 7,790 6,567 37,569 28,038 9.531 6,367 37,563 29,282 8,281 6,756 46,074 36,689 9,385 6,961 41,797 30,993 10,804 6,966 35,594 30,078 5,516 7,022 39,404 31,098 8,306 7,153 40,029 34,876 5,153 6,788 38,667 28.909 9,758 "6,545 "39,447 "31,636 "7,811 6,742 37,116 30,769 6,347 8103 :::::::::: SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, isei-ss Annual 1990 April 1992 • 1992 1991 1991 Feb. Mar. | Apr. May I June S-5 July I Aug. Oct. | Sept. Jan. | Feb. Nov. | Dec. Mar. 1. GENERAL BUSINESS INDICATORS-Continued MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS-Continued tt [Millions of dollars] Unfilled orders, end of period (unadjusted), total Durable goods industries, total Nondurable goods industries with unfilled orders $ . Unfilled orders, end of period (seasonally adjusted) total By industry group: Durable goods industries total # Primary metals Blast furnaces steel mills Nonferrous and other primary metals Fabricated metal products Industrial machinery and equipment Electronic and other electrical equipment Transportation equipment Aircraft missiles, and parts Nondurable goods industries with unfilled orders * By market category: Home goods and apparel Consumer staples Machinery and equipment Automotive equipment Construction materials and supplies Other materials, supplies, and intermediate products Supplementary series: Household durables Capital goods industries Nondefense Defense 524,072 504,131 19,941 507,927 486,745 21,182 529,714 509502 20,212 529,259 508443 20,816 525,210 504,516 20,694 522,318 500816 21,502 514,575 493 469 21,106 522,363 500 966 21,397 521,145 499 323 21,822 516250 494172 22,078 511772 490 201 21,571 508988 487767 21,221 507,927 486745 21,182 r r 509,953 488 731 "21,222 506,698 485315 21,383 527195 511 348 527 026 524 742 521 085 519336 513943 521840 523106 518 490 515586 513243 511 348 '510 506 375 23122 8578 11,416 489368 20793 7663 10,322 506 631 20644 7068 10,621 504260 20149 6832 10,405 500678 20013 6976 10,194 498088 19821 6979 10,068 492 976 500809 20*185 21 070 7,243 8035 10,156 j 10,225 501 832 21 634 8533 10,262 496 959 21 600 8536 10,281 493880 21 339 8538 10,055 491 378 21 336 8324 10,319 489368 20793 7663 10,322 r 27411 57,185 49,185 277502 241 418 26287 52,695 47,280 272872 238679 27423 56,966 50,379 280 079 243 762 27219 55,998 49,496 281 108 245407 27382 55,351 50,071 278159 243 014 27370 55,571 49,764 275 630 239 781 26959 54,566 48,053 273 621 238282 26939 54,577 48,410 278811 243995 26908 54,425 47,470 280017 244398 26810 54,729 46957 275 533 239601 26563 54,009 46999 273468 237926 26368 53263 46765 273512 238 753 26287 52,695 47,280 272 872 238679 "26589 "52,809 "47,540 "271 661 "237643 26470 52,702 47,256 268103 234228 20820 21 980 20395 20482 20407 21248 20967 21 031 21274 21 531 21 706 21 865 21980 "21 849 21 696 8,586 1,283 229017 1,843 12550 9,158 1,271 218526 2,060 13079 7,714 1,287 231945 1,879 12304 7,729 1,304 232 182 1,853 12385 7,925 1,239 229362 1,866 12493 8,077 1,209 225450 1,891 12606 8,083 1,315 221 335 1,849 12737 8,050 1,371 224567 8,331 1,357 ??? QfW 13318 1,900 13350 8,629 1,350 221082 2,222 13415 8,776 1 401 219660 2,193 13336 8,956 1,329 220886 2,139 13083 9,158 1,271 218526 2,060 13079 "8,913 "1,315 "218007 "2,076 "13248 8,823 1,307 216501 2,094 13101 125,773 125,091 124,810 123,871 123,829 124,574 123,455 126,456 127,354 127,267 125,979 126,049 125,091 "125,069 124,605 5203 402,026 250310 151,716 5495 387,043 242 055 144,988 4602 404,710 254089 150,621 4554 403,371 254624 148,747 4,674 399,316 251 639 147,677 4796 396,342 247546 148,796 4780 392,507 243980 148,527 4858 398,603 248937 149666 5033 399,000 247 670 151,330 393,017 245 201 147,816 5285 390,258 242 983 147,275 5350 387,912 244294 143,618 5,495 387,043 242,055 144,988 ' 5,285 "386,187 "241,782 "144,405 5,275 381,829 240,028 141,801 643022 628 567 48419 50384 55917 51536 55735 52,235 56618 52,327 51 654 52071 52949 52843 51 838 53222 47840 52284 46419 54165 52951 52,898 60432 16,063 8072 5090 12826 4376 6876 1,802 7330 7786 2,022 1 023 7627 1,923 1 052 7422 6833 1,747 1 036 7464 1,931 1 043 6887 1,734 913 599 640441 67673 29052 6 829 7 7,716.0 24148 11 9972 51899 3963 41791 416.8 2582 1852 5163 169 505 305 ' 488 320 483609 r 20229 20 204 r 7122 6982 "10,296 10,618 BUSINESS INCORPORATIONS @ [Number] New incorporations (50 States and DC): Unadjusted Seasonally adjusted r 54000 53,892 r INDUSTRIAL AND COMMERCIAL FAILURES @ [For failures, number; for liabilities, millions of dollars] Failures total Commercial service Construction Manufacturing and mining Retail trade Wholesale trade Liabilities (current) total Commercial service Construction Manufacturino and minino Retail trade Wholesale trade Failure annual rate number per 1 0 000 concerns 1 307 454 1876 918 510 2021 974 628 879 542 8485 2255 1 137 572 630 1 449 1 549 495 533 516 468 507 527 522 632 73177 50691 7596 7460 7958 675.3 2886 122480 601 5 49305 4342 47341 1 2278 3505 5252 259.5 3596 32020 6328 3939 3467 281.6 3080 59630 5865 199.1 4047 885.5 101262 8683 200.4 1 2522 370.6 567 1442 9199 1630 6433 280.9 326 1 5951 3741 413.6 241 3 1320 1704 2865 335.0 1078 595 1 422 1424 1389 3127 669 1,652 1789 750 2. COMMODITY PRICES PRICES RECEIVED AND PAID BY FARMERS t [1910-14=100] Prices received, all farm products Crops # Commercial vegetables Cotton Feed grains and hay Food drains Fruit Tobacco Livestock and products # Dairy products Meat animals Poultry and eggs Prices paid: Production items All commodities and services, interest, taxes, and waoe rates (oaritv index) Parity ratio § 681 548 707 548 388 338 694 628 630 "649 654 532 682 436 377 400 766 "552 "826 "419 1,008 1,548 520 558 469 369 390 772 564 935 414 394 409 757 1,582 1,565 1,530 763 820 994 280 739 844 940 275 741 844 935 289 732 826 941 263 660 678 697 681 667 672 527 597 573 372 281 767 549 731 582 382 294 803 678 564 742 587 391 303 817 691 561 674 553 371 316 593 971 592 385 308 877 615 759 570 366 298 587 609 560 357 291 576 560 565 368 304 593 577 547 367 324 651 544 578 529 363 351 1,434 1,552 754 783 990 283 1,643 1,526 1,626 1,488 1,382 1,488 1,308 1,488 1,294 1,444 820 837 777 748 800 716 813 697 798 691 794 697 783 697 780 722 762 752 1,088 1,047 1,108 1,122 1,116 1,108 1,086 1,060 1,015 298 285 279 310 278 272 273 289 286 1,483 636 537 742 514 365 369 803 667 1 000 1542 989 1 003 1 012 1 000 1 265 1 298 1303 1298 388 "424 "778 "1,521 1,700 "750 "789 "997 1,002 254 748 771 254 993 998 1,295 1 298 54 51 51 52 52 53 53 52 51 52 50 49 48 48 129.0 134.3 132.8 133.0 133.3 133.8 134.1 134.3 134.6 135.2 135.4 135.8 135.9 136.0 136.4 137.0 130.7 136.2 134.8 135.0 135.2 135.6 136.0 136.2 136.6 1372 137.4 137.8 137.9 138.1 138.6 139.3 128.2 133.5 1322 1322 1303 1361 1346 133.8 132.6 134.8 132.7 133.1 135.4 133.3 133.3 135.7 133.6 133.3 136.1 133.8 133.7 136.7 134.2 134.5 137.4 134,8 134.6 137.7 134.9 135.0 128.8 132.6 134.9 133.0 135.0 138.1 135.3 135.1 138.3 135.5 135.5 138.8 135.9 139.5 136.5 CONSUMER PRICES [1982-64*100] Not seasonally adjusted: All items, wage earners and clerical workers (CPIW) All items all urban consumers (CPI-U) Special group indexes: All items less shelter All items less food All items less medical care See footnotes at end of tables. mo 135.2 1362 5-6 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, igei-ss SURVEY OF CURRENT BUSINESS 1992 1991 Annual 1990 | 1991 Feb. Mar. Apr. May June July Aug. | Sept. Oct. Nov. Jan. Dec. Feb. Mar. 127.6 131.1 124.9 117.6 122.1 150.1 128.4 138.1 137.5 136.6 150.4 2. COMMODITY PRICES-Continued CONSUMER PRICES-Continued [1982-64=100, unless otherwise indicated] Not seasonally adjusted-Continued All items (CPI-U)—Continued Commodities Nondurables Nondurables less food Durables Commodities less food Services Food# Food at home Housing Shelter # Rent residential Homeowners' cost, Dec. 1982=100 Fuel and other utilities # . Fuel oil and other household fuel Gas (piped) and electricity Household furnishings and operation Apparel and upkeep Transportation Private New cars Used cars Public Medical care Seasonally adjusted $ All items, percent change from previous month or year Commodities Commodities less food Food Food at home Apparel and upkeep Transportation .. .. Private New cars Services 122.8 1260 1199 113.4 1174 1392 1324 132.3 128.5 140.0 1384 144.6 111.6 993 109.3 113.3 124.1 1205 118.8 121 0 117.6 142.6 1628 ; 54 126.6 125.7 125.7 126.4 126.8 126.7 1293 1232 1292 1229 1302 1239 1306 1246 1304 1239 1262 1296 1230 126.4 1303 1245 116.0 121 3 115.5 115.5 115.5 116.0 116.3 1203 1445 1201 1448 1207 1447 115.9 121 3 1209 1458 1205 1468 115.9 121 1 1355 1367 1370 1368 1369 1372 1365 135.7 135.8 136.0 137.4 136.0 1336 1463 1433 132.4 144.6 132.6 145.2 1325 1328 145.2 145.2 133.4 145.8 146.8 1415 1420 1425 1430 1437 150.2 148.2 114.7 148.4 114.1 148.8 1428 1492 1131 114.2 149.7 115.8 1057 111.5 115.6 993 110.8 115.7 1287 1238 1219 1253 1181 126.2 128.8 944 109.4 115.9 130.1 909 111.5 116.3 129.4 1233 1237 121.5 121.9 148.9 1562 1725 1463 1363 1358 1153 946 1126 116.0 1770 M2 1450 127.2 131 0 127.8 131 5 1259 1261 1267 115.9 116.3 117.0 1224 1481 1230 1483 1224 1473 1221 1479 117.4 121 6 148.8 1496 1360 1349 1360 1349 1358 1362 1372 134.4 1345 1473 1437 1347 1347 135.0 147.4 147.7 135.0 134.7 147.9 136.7 135.5 135.7 149.2 1446 1446 1450 1482 1452 137.5 136.6 136.1 149.8 1454 1456 1464 150.2 116.4 150.7 151.6 1168 152.1 115.7 152.6 115.3 153.0 116.0 153.2 1162 153.5 115.9 154.1 115.8 893 114.4 115.9 878 115.4 116.3 878 114.7 889 115.5 116.4 909 112.9 116.4 948 91.5 112.8 116.7 126.9 1252 1234 127.6 131.3 132.7 132.9 947 112.4 116.3 129.6 92.0 1112 1238 1220 1244 1238 1240 1250 1253 1245 122.1 122.4 123.4 1241 1250 120.0 147.6 119.8 146.6 1789 1797 120.2 144.9 180.7 123.4 126.6 120.6 147.0 181.8 120.1 149.8 182.6 122.5 128.0 117.8 151.5 184.3 112.0 117.3 130.2 124.1 122.0 128.1 116.1 150.7 186.2 905 111.5 117.7 133.4 124.4 122.2 128.2 115.7 153.5 187.3 4 127.1 122.1 136.5 135.4 2 127.1 122.1 136.4 135.2 .4 127.6 122.6 137.0 135.9 2 127.6 122.4 137.4 136.4 1 127.3 122.1 136.8 135.4 .3 127.8 122.7 130.0 130.3 131.1 124.5 122.9 126.3 129.6 124.8 123.0 126.5 130.0 124.4 122.4 126.6 131.9 124.2 122.3 126.7 1237 1223 121.2 119.9 1253 1254 1222 1202 1253 1254 1253 115.1 114.4 153.3 115.0 147.1 117.0 146.0 118.8 146.6 1737 1744 1752 1762 1 125.8 120.4 135.7 135.5 128.2 120.8 136.4 136.3 128.6 2 126.5 121.1 136.7 136.5 3 126.7 121.0 137.3 137.2 128.6 127.8 123.4 1 125.9 120.9 135.3 135.2 127.9 123.9 121 5 2 1262 1342 121.7 124.9 120.4 146.7 177.5 1 126.5 121.1 136.6 135.9 127.7 1301 1243 1162 3 1268 121.7 136.3 135.3 129.2 127.1 131 0 116.5 127.5 131 1 125.5 117.2 1276 127.2 1306 1242 136.4 1162 127.9 1372 136.0 1321 126.2 117.9 1230 150.7 .5 128.5 123.4 137.9 137.0 132.7 125.1 123.0 123.6 124.2 1219 1225 1242 1226 125.1 1218 1255 125.7 125.9 126.3 1225 1262 1451 1455 145.9 146.5 147.0 147.6 148.1 148.6 1492 149.7 150.0 150.7 116.1 122.9 122.7 123.1 1207 1244 1214 1240 1209 1250 1444 1448 124.0 1272 PRODUCER PRICES § [1982=100 unless otherwise indicated] Not seasonally adjusted: All commodities By stage of processing: Crude materials for further processing Intermediate materials, supplies, and components Finished goods # Finished consumer goods Capital equipment By durability of product: Durable goods Nondurable goods Total manufactures Durable manufactures Nondurable manufactures Farm products, processed foods and feeds Farm products Foods and feeds processed Industrial commodities Chemicals and allied products Fuels and related prod and power Furniture and household durables Hides skins, and leather products Lumber and wood products Machinery and equipment Metals and metal products Nonmetallic mineral products Pulp, paper, and allied products Rubber and plastics products Textile products and apparel Transportation equipment # Motor vehicles and equipment Seasonally adjusted: $ Finished goods, percent change from previous 116.3 116.5 117.2 116.2 116.0 116.5 116.4 116.1 1162 116.1 116.4 116.4 115.9 115.6 116.1 108.9 101.2 104.1 1012 100.8 102.1 99.8 99.5 99.1 98.0 99.9 99.7 97.7 97.3 99.0 98.6 1145 1144 1142 119.2 118.2 121.7 120.5 120.9 119.6 113.9 121.1 119.8 1262 114.0 121.6 120.4 126.6 114.2 121.7 120.4 126.5 '114.0 122.3 120.9 127.9 113.7 121.9 120.3 128.0 113.2 121.7 120.0 128.3 113.6 121.9 1262 114.3 121.9 120.7 126.5 1142 1222 1267 114.0 121.8 120.6 126.5 114.6 121.4 120.2 1229 115.5 121.4 120.3 126.1 113.6 122.0 120.4 128.4 121.2 112.2 122.9 111.7 1190 1227 115.2 116.4 105.6 122.9 111.1 118.7 122.6 114.8 118.3 109.7 122.6 115.7 1236 82.2 1191 1256 81.2 1212 122.9 111.0 118.7 122.6 114.7 118.1 109.6 122.5 115.6 126.0 122.8 111.7 118.8 122.5 115.0 118.3 110.4 122.3 116.1 125.3 802 122.7 111.6 118.8 122.6 114.9 117.6 109.1 121.9 116.1 125.0 122.7 111.1 118.5 122.6 114.3 116.3 105.6 121.6 116.0 124.4 122.6 111.3 118.7 122.5 114.8 115.2 102.9 121.4 116.3 124.5 122.5 111.3 118.7 115.2 118.6 112.2 121 9 115.8 122.9 112.8 119.6 122.5 116.4 117.1 106.9 122.3 117.2 128.1 1232 1181 1207 123.4 109.9 118.5 123.4 113.7 115.3 103.0 121.4 115.6 124.6 80.1 81.3 138.9 132.0 123.0 120.3 117.2 143.0 115.2 116.3 121.2 138.3 136.9 123.0 119.6 117.2 142.3 114.8 116.3 125.7 120.5 121.2 138.1 133.3 123.0 119.5 117.1 81.4 1212 141.7 129.7 120.7 123.0 114.7 141.3 113.6 114.9 121 5 118.2 ; 49 1219 116.5 1264 122.1 7 83.0 1260 78.5 120.9 140.0 127.2 122.9 121.9 117.2 143.8 116.0 115.8 125.7 122.4 121.0 140.4 127.8 123.0 121.5 117.4 143.7 115.8 115.9 125.7 122.2 78.1 121.2 141.1 1292 123.1 121.3 117.3 143.2 115.5 116.0 125.5 121.5 1212 140.4 132.3 123.1 120.5 117.3 143.0 115.2 116.0 125.6 120.7 80.3 1212 140.0 1362 123.1 119.7 117.3 142.7 115.0 1162 125.6 120.6 1422 114.7 116.5 126.0 120.6 1262 1223 115.0 115.1 103.1 121.1 116.3 124.5 136.6 133.4 123.0 119.5 117.2 142.3 114.6 116.6 125.2 119.2 120.8 127.9 123.3 111.3 119.2 123.3 115.0 115.1 101.5 121.9 116.7 124.9 81.3 121.4 136.3 1332 123.0 119.3 117.4 142.6 114.7 116.7 129.1 125.8 r 1232 111.3 1192 123.2 1152 114.8 '101.6 "121.4 116.7 r 124.9 '81 2 121.4 "137.1 " 133.4 123.1 M18.9 "117.2 r 142.8 114.6 116.8 128.9 "125.4 114.5 100.7 121.4 116.1 124.9 123.7 110.5 119.0 123.6 114.4 116.5 105.6 122.0 116.0 124.5 79.1 76.8 77.0 76.2 121.8 138.5 136.9 121.9 138.3 141.6 123.5 118.9 117.2 121.9 140.2 144.4 123.5 119.6 117.4 144.3 114.4 117.5 129.4 124.7 1232 118.4 117.2 143.5 114.5 116.9 129.3 125.0 1442 114.3 117.5 129.2 124.7 98.3 97.7 99.4 97.9 114.0 120.9 123.1 119.8 r 124.6 r 1162 113.9 122.1 120.7 122.9 119.7 124.8 115.7 1273 1275 1277 113.3 121.7 120.1 122.5 118.9 125.5 114.7 128.0 113.9 122.0 120.5 123.8 119.0 125.3 114.9 128.0 113.9 122.3 120.7 123.2 119.5 125.6 115.5 128.3 .818 .728 .818 .726 .820 .725 .822 .724 .820 .722 .820 .718 1007 100.4 100.9 99.3 99.3 99.1 98.4 100.5 114.5 121.2 120.0 114.1 121.4 1142 113.8 118.7 117.6 125.3 117.7 121.4 120.1 124.7 117.8 1212 1249 119.8 124.0 117.7 114.1 121.5 120.2 123.4 118.3 114.3 121.8 120.4 1248 114.0 121.6 120.4 125.0 118.1 1236 1239 1139 1262 1234 1145 1266 1233 1142 1267 1235 1238 114.0 114.9 1259 1239 1136 1262 1268 1269 1243 1153 1271 114.0 122.1 120.8 123.3 119.6 124.4 116.1 .824 .742 .827 .741 .739 .821 .737 .820 .735 .822 .734 .822 .732 .824 .729 115.0 1233 119.0 2 100.4 1044 115.8 121.6 120.6 1202 124.1 110.3 119.1 123.9 114.3 116.8 106.4 122.0 115.9 124.5 121.4 137.6 134.3 123.1 118.7 117.2 142.7 114.7 116.9 128.9 125.0 1 21 By stage of processing: Crude materials for further processing Intermediate materials, supplies, and components Finished goods # Finished consumer goods Foods Finished goods exc foods Durable Nondurable Capital equipment 110.5 118.8 123.2 114.4 1202 128.3 r 1222 r PURCHASING POWER OF THE DOLLAR As measured by: Producer prices 1982-$1 00 Consumer prices 1982-84=$1.00 See footnotes at end of tables. .839 .766 822 .734 826 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, i96i-88 Feb. | 1991 Mar. Apr. | May j June | Aug. Sept. | 36978 26,600 15266 10461 38801 27602 15952 11007 38186 27,051 15611 11 067 1 773 4,144 July | S-7 1992 1991 Annual 1990 | April 1992 • Oct. | Nov. | Dec. Jan. | Feb. | Mar. 3. CONSTRUCTION AND REAL ESTATE CONSTRUCTION PUT IN PLACE $ [Millions of dollars] New construction (unadjusted) total . Private, total # Residential New housing units Nonresidential buildings, except farm and public utilities total # Industrial Commercial Public utilities: Telecommunications Public, total # Buildings (excl military) # Housing and redevelopment Industrial Military facilities Highways a n d streets . . . [Billions of dollars] New construction (seasonally adjusted at annual rates), total Private, total # Residential New housing units Nonresidential buildings, except farm and public utilities total # .. . Industrial Commercial Public utilities: Telecommunications Public total* Buildings (excl. military) # . . Housing and redevelopment Industrial Military facilities . Highways and streets 446434 337,777 182856 127987 r 403 955 '295187 r 160 561 "110792 117971 23848 62862 96 682 21 731 '47994 9565 108657 45825 3733 1,433 2,732 30593 9034 ' 108 769 '49315 '3548 1,828 ' 1,879 ^29012 27105 20394 9625 6643 r 7886 1 693 r 3921 716 6711 3509 282 114 144 1 177 29216 22044 10991 7527 32467 24120 12192 8048 34,483 25,162 13608 8894 36043 26,144 14838 9739 8119 8796 1 797 3994 1954 1731 1833 8069 1 744 4392 4,239 4,029 4100 8280 1 787 4280 767 775 9899 11 199 4795 284 195 149 3,648 716 7172 3613 287 121 156 786 8347 4063 283 141 152 8337 8055 37 707 '34745 27,021 '25,399 ' 15 482 '14446 10889 10418 '30492 '22,542 '12085 '8763 8189 1970 7620 7332 1842 1968 3,994 3,637 3,316 814 818 '9346 '4213 707 '7950 '3851 '301 '152 '282 '134 '223 '173 2,388 1,795 '1,346 7,180 3,812 276 161 189 1,285 '405.5 '293.7 '166.5 '118.8 '400.8 '291.2 '165.4 '119.0 '407.9 '294.7 '168.6 '121.0 4062 292.6 168.5 122.0 '88.7 '88.0 21.7 42.2 22.5 '86.4 '22.2 '39.9 84.9 21.7 39.3 9.7 '113.3 '51.1 113.6 8147 9321 4106 4167 307 152 160 2,669 298 181 155 2,918 758 10378 4620 294 169 147 3,147 398.2 290.9 398.4 290.3 403.2 293.4 407.0 296.6 849 r r 746 11 135 4610 324 234 188 3,381 r 10 686 "4417 r 329 132 '98 3,402 1415 1913 410.1 401.9 407.1 399.0 300.5 293.3 299.0 291.0 1556 1524 1518 1546 1583 1580 1628 1666 103.5 100.8 100.6 103.2 106.7 109.9 114.4 118.0 " 408.8 r 296.3 r 1669 '1182 1070 103.8 108.9 24.3 99.0 20.7 94.3 20.9 94.1 20.9 920 23.1 20.4 91.8 20.3 '91.3 '21.6 51 8 548 502 476 471 463 456 '446 9.1 9.7 8.6 9.4 8.9 9.2 8.7 '8.6 232 540 101 1096 482 34 1.4 17 307 1086 48.4 108.0 49.6 1080 48.9 1073 46.8 1081 50.2 1097 50.1 110.4 50.4 3.9 2.8 2.3 134 '40.8 '27624 '20,311 '10925 '8157 '6372 '1 639 '2,874 26,989 19,809 10448 7,785 6,387 1,594 2,959 632 '7312 '3734 '289 136 9.1 8.4 '112.5 '52.6 4.0 1.6 1.2 '29.0 '111.8 '51.2 3.6 1.6 '109.6 '50.1 3.4 1.6 '1.8 28.7 '2.7 '2.1 '29.0 '29.3 51.2 3.3 1.9 2.3 34 1.5 19 300 3.4 1.7 1.8 286 37 1.8 1.9 292 36 2.2 1.9 288 35 2.0 1.8 289 34 2.3 1.8 300 16,276 86 5803 10,473 20,929 93 6700 14,229 20,713 "89 6,665 14,047 19,552 82 6728 12,824 21,283 88 6,881 14,402 21,558 92 7,250 14,308 19,411 86 6,498 12,913 22,738 96 7,736 15,002 15,083 81 4,240 10,843 16,277 '97 5,880 10,397 16,077 '94 5,303 10,775 17,038 5,867 " 5,295 ' 3,233 5,747 6,785 3,744 7,076 8,712 5,141 6,778 9,190 4,745 6,412 8,909 4,231 6,940 9,695 4,648 7,454 9,764 4,339 6,218 8,941 4,252 8,337 9.984 4,417 5,103 7,427 2,552 5,819 6,670 3,788 5,635 6,891 3,551 5,649 7258 4,130 8136 10619 9229 17726 9433 59.1 46.1 73.8 61.4 99.7 82.8 97.7 84.5 103.4 103.5 86.6 73.7 80.9 75.6 62.6 65.6 56.3 '71.6 '58.4 '80.1 '70.1 112.7 87.4 94.7 78.7 101.8 86.8 1 008 803 918 751 978 802 983 830 1 036 870 1 053 881 1 053 881 1,020 864 1,085 887 1,085 907 1,118 972 '1,180 '1,283 '1,131 1,365 1,100 876 695 892 689 913 742 966 760 999 780 1,005 794 953 769 982 782 1,028 796 993 787 1,055 851 1,111 912 '1,166 1,090 904 10.9 160 12.8 15.2 16.6 15.6 14.7 17.4 15.1 16.9 13.1 10.9 13.4 13.5 157 175 174 173 175 178 172 172 171 176 192 197 1106 1106 1106 111.0 111.0 110.8 111.1 111.1 111.5 111.3 111.8 111.2 111.9 111.4 112.1 '111.1 '111.8 '110.9 '111.4 '110.5 '1112 '110.2 '111.0 110.9 111.0 113.9 116.4 115.1 114.1 116.6 115.4 412.0 455.1 410.8 454.7 28.6 '3.5 1.6 ••••'• 31.8 CONSTRUCTION CONTRACTS [Millions of dollars, unless otherwise indicated] Construction contracts (F.W. Dodge Division, McGraw-Hill): Valuation, total Index (mo data seas adj ) 1987 100 §§ Public ownership Private ownership By type of building: Nonresidential Residential Non-building construction New construction planning (Engineering NewsRecord) § 245,396 1 95 72090 173 307 221,230 1 88 74422 146806 90,240 105509 49,645 76,898 96,353 47,978 213389 r 14,396 85 r 5045 r 9351 r 5,608 11,429 HOUSING STARTS AND PERMITS [Thousands] New housing units started: Unadjusted: Total (private and public) Privately owned One-family structures Seasonally adjusted at annual rates: 0 Total privately owned One-family structures New private housing units authorized by building permits (17,000 permit-issuing places): t Monthly data are seas. adj. at annual rates: Total One-family structures Manufacturers' shipments of mobile homes: Unadjusted Seasonally adjusted at annual rates @ 1,192.7 894.8 1,014.5 841.2 1 111 798 955 754 188.3 170.9 r '989 92.4 '965 CONSTRUCTION COST INDEXES Bureau of the Census, 1987= 100: Composite fixed-weiohted price index * Implicit price deflator * . . . . Boeckh indexes, 1987=100: it Average, 20 cities: Apartments hotels office buildinqs Commercial and factory buildings Residences Engineering News-Record, 1967=100: Buildina Construction Federal Highway Adm.—Highway construction, 1987=100: Comoosite (ava. for vear or atr.) it See footnotes at end of tables. 110 1 110.8 '1109 "111.4 1087 1106 1097 1120 1142 1130 400.0 440.5 407.2 450.1 108.5 107.5 111.2 113.0 112.1 1109 1127 111.7 402.1 444.4 402.0 444.3 114.3 401.0 443.7 403.1 447.0 114.4 113.3 404.6 448.6 111.8 408.1 451.9 113.0 115.7 114.3 112.9 115.6 114.3 1122 413.3 455.4 412.3 455.3 107.0 412.3 455.4 4132 455.8 412.1 455.1 100.4 1112 2 41 4.4 458.6 2 SURVEY OF CURRENT BUSINESS S-8 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1951-88 Annual 1990 1991 1991 Feb. | Mar. | Apr. | May June July 1992 Aug. Nov. Oct. Sept. Dec. Jan. J Feb. Mar. 3. CONSTRUCTION AND REAL ESTATE-Continued REAL ESTATE 0 [Thousands of units] Mortgage applications for new home construction: FHA applications Seasonally adjusted annual rates Requests for VA appraisals Seasonally adjusted annual rates [Millions of dollars] Home mortgages insured or guaranteed by: Fed Hous Adm ' Face amount Vet Adm.' Face amount § Federal Home Loan Banks, outstanding advances to member institutions end of period New mortgage loans of SAIF-insured institutions, estimated total @ By purpose of loan: Home construction Home purchase All other purposes 1154 51 863 74 46 990 04 1578710 117,096 2 152,230 2 16 182 2 127 272 2 8776 67 87 69 87 79065 2 82 86 94 95 64 69 105 106 88 105 84 80 83 92 74 89 67 74 71 92 87 111 66 102 65 98 72 97 3 651 85 3 630 56 3 765 79 372318 4 070 27 444438 482899 407277 3 696 55 93910 1 311 15 1 58933 152980 1 259 86 1 183 14 1 21077 1 17379 341986 322630 354948 79,065 75,085 75,834 15,098 13,602 15,973 781 12424 397 824 14771 379 980 111,513 60 60 107004 102827 98,744 94,740 143,674 8,081 11,097 13,600 14,252 13,300 2 682 6980 419 934 9688 475 1 106 12007 467 1 246 12468 536 1205 12 261 2 125 594 2 5819 101 117 71 83 11 498 597 91,525 r 90,142 81 120 83,946 12,739 12,239 10,591 r 1,230 10552 456 1,027 1,283 10967 494 75 98 9051 513 78,784 80,143 r 12,373 1,077 10883 '412 r 12,125 r r r 880 r 10 879 365 r 914 13 602 r 583 3999Qfi 3 559 84 76,275 4. DOMESTIC TRADE ADVERTISING [Millions of dollars] Magazine advertising (Leading National Advertisers): Cost total Apparel and accessories Automotive incl accessories Building materials Drugs and toiletries Foods soft drinks confectionery Beer wine liquors Houshold equipment supplies furnishings Industrial materials Soaps cleansers etc Smoking materials All other Newspaper advertising expenditures (Newspaper Advertising Bureau, Inc.): Total Classified National Retail 7672 2566 '1 070 r 4075 7,401 2660 3081 '933 3,81 9 967 4,507 32280 11 506 4'l22 16652 10567 3928 15914 1,790,321 876182 914 139 1,739,642 834853 904789 130,923 62188 68735 144,696 70164 74532 147,536 70939 76597 151,460 71,311 80149 142,711 69,060 73651 147,164 70,183 76981 148,417 71,644 76773 145,418 71,607 73811 157,659 77,617 80042 141,694 67,998 73696 141,863 67,153 74,710 ' 139,682 ' 65,380 '74,302 134,644 65,111 69,533 195,861 126560 69301 197,428 125920 71 508 200,356 131 344 69012 198,017 130016 68001 196,316 129997 66319 192,743 127981 64762 190,525 125687 64838 191,427 127,149 64,278 188,557 125,480 63,077 189,023 123980 65,043 194,670 123,926 70,744 195,354 124,219 71,135 197,428 " 199,395 125,920 "1r 26,722 72,673 71,508 199,949 127,535 72,414 1,807,219 654,757 1,821,027 644,963 128,589 45,320 149,299 52,909 148,510 55,271 159,835 58,949 153,909 56,669 154,643 57,277 159,910 56,724 146,697 53,567 152,113 54,213 155,639 51,857 180,980 ' 138,167 '139,667 '152,427 1 57^77 58,253 -48,909 '50,641 92524 381,961 92,983 1,152,462 211,933 362410 131 725 94,731 182,044 68,557 20813 92723 374,550 90,021 1,176,064 217,561 370548 128331 95,563 189,176 74,835 21 312 5683 27,112 6,495 83,269 12,965 27,452 9,484 5,784 13,809 5,686 1 537 6876 32,191 7,234 96,390 16,778 31,276 10,241 7,890 15,560 6,298 8,558 33,185 7,150 93,239 16,370 29,552 10,382 7,533 15,506 6,049 1,642 1716 r 150 699 r 151 868 150,967 r 53,088 r 53,943 53,490 9,282 35,031 7,518 100,886 18,091 32,652 11,219 8,004 16,596 6,296 1,790 152,710 54,074 8,701 33,792 7,342 97,240 16,983 31,650 11,090 7,503 16,801 5,989 1,772 152,642 54,212 8,787 34,262 7,562 97,366 16,153 31,993 11,298 7,339 16,797 6,065 1,884 8,556 33,182 7,676 103,186 18,595 32,518 11,572 8,918 17,450 6,231 1,922 152,160 53,390 8,283 31,700 7,427 97,900 17,795 30,613 10,843 7,814 15,962 6,239 1,715 152,483 54,657 7,345 28,763 7,946 103,782 22,387 31,110 10,524 8,946 15,447 6,216 1,834 153,195 54,117 7,994 31,793 7,144 93,130 16,189 29,757 10,560 7,508 15,476 5,882 1,653 152,658 54,619 r '6,784 ' 8,01 9 7,032 6,393 27,883 '29,140 '30,378 '35,172 '7,646 9,822 '7,099 '7,098 122,727 '89,258 '89,026 ' 95,1 50 '13,474 '14,828 '16,762 32,920 32,524 '30,269 '29,169 '30,543 '9,219 '9,698 '9,686 10,451 '6,343 '7,263 '6,005 12,683 15,845 '14,995 '15,264 '16,271 '6,242 '6,148 '6,412 8,113 '1,592 1,598 2,218 152,440 '155,657 '157,711 '157,114 54,687 '56,178 '57,375 '57,487 7,791 5,797 1,074 7,711 5,783 1,060 32,129 7,674 5,694 1,087 31,905 7,859 5,919 1,048 32,155 '8,207 '6,085 '1,144 '32,794 '8,711 6,563 1,155 '33,459 29,586 2,543 29,414 2,491 7,355 4,012 2.593 29,637 2,518 7,484 4,088 2,647 '30,232 '2,562 '7,747 '4,166 '2,798 '30,882 ' 2,577 '7,804 4,240 2,774 r r 6711 r 2260 '958 3513 r r WHOLESALE TRADE t [Millions of dollars] Merchant wholesalers sales (unadj ), total Durable goods establishments Nondurable goods establishments Merchant wholesalers inventories, book value (nonLIFO basis), end of period (unadj.), total Durable goods establishments Nondurable aoods establishments RETAIL TRADE $ [Millions of dollars] All retail stores: Estimated sales (unadj ) total Durable goods stores # Building materials, hardware, garden supply, and mobile home dealers Automotive dealers Furniture, home furnishings, and equipment ... Nondurable goods stores . . . . . . General merch. group stores Food stores Gasoline service stations Apparel and accessory stores Eating and drinking places Drug and proprietary stores Liquor stores Estimated sales (seas adj ) total Durable goods stores # Bldg. materials, hardware, garden supply, and mobile home dealers # Building materials and supply stores Hardware stores Automotive dealers Motor vehicle and miscellaneous auto dealers Auto and home supply stores Furniture home furnishings and equipment # Furniture home furnishings stores Household aooliance. radio, and TV stores See footnotes at end of tables. r 7,597 5412 1,125 30755 28180 2575 '7471 '4,091 " 2.687 r r r 7,571 '5463 " 1,105 r 31,212 7,836 5675 1,114 30,849 7,814 5666 1,120 31,307 7,762 5752 1,089 31,562 7,882 5,805 1,080 31,238 7,727 5,750 1,093 30,691 31,943 r 28 645 '2567 r 7556 r 4,088 2.740 28,180 2669 7590 4,114 2.752 28,628 2679 7,607 4,124 2.724 28,885 2677 7555 4,034 2.736 28,593 2645 7,680 4,121 2.782 28,119 2572 7,581 4,088 2.737 29,352 2,591 7,536 4,063 2.726 7,430 4,034 2.658 152,505 54,247 '8,586 ' 33,551 '30,998 ' 2,553 '7,965 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1951 -as Annual 1990 April 1992 • 1991 Feb. | Mar. 1991 Apr. May | June | S-9 1992 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. | Mar. 4. DOMESTIC TRADE-Continued RETAIL TRADE ^-Continued [Millions of dollars— Continued] All retail stores—Continued Estimated sales (seas, adj.)—Continued Nondurable goods stores General merch group stores . Department stores excluding leased departments . . Variety stores Food stores Grocery stores Gasoline service stations Apparel and accessory stores # Men's and boys' clothing and furnishings stores Women's clothing, specialty stores, and furriers Shoe stores Eating and drinking places Drug and proprietary stores Liquor stores Estimated inventories, end of period: Book value (non-LIFO basis), (unadjusted), total Durable goods stores # Bldg. materials, hardware, garden supply, and mobile home dealers Automotive dealers Furniture, home furnishings, and equipment Nondurable goods stores # : General merch group stores Department stores excluding leased departments Food stores Apparel and accessory stores Book value (non-LIFO basis), (seas, adj.), total .. Durable goods stores # Bldg. materials, hardware, garden supply, and mobile home dealers Automotive dealers Furniture home furn and equipment Nondurable goods stores # General merch group stores Department stores excluding leased departments Food stores Apparel and accessory stores Firms with 1 1 or more stores: Estimated sates (unadj ) total Durable goods stores Auto and home supply stores Nondurable ooods stores # General merchandise Group stores Food stores Grocery stores Apparel and accessory stores Eating places Drug stores and proprietary stores Estimated sales (sea adj ) total Auto and home supply stores Department stores excluding leased departments Variety stores '97611 r 17 946 '97925 '18060 97477 18093 98636 18324 98430 17925 99078 18541 98770 18393 98039 18285 97826 18119 98258 18253 97753 17849 '99479 '100336 '19527 '19116 7 r '14673 14710 14864 14456 15044 14932 14863 14785 15002 14664 '15551 '15403 600 607 595 600 599 591 577 590 579 30660 28,686 10497 31 125 29,087 10746 31,251 29,116 10663 30,991 28,934 10618 30825 28,778 10735 30941 28908 10476 30882 28857 10466 30970 28,958 10620 31 120 29,077 10378 8103 8147 8188 8155 14 650 '591 r 30,548 28,572 MO 952 r r r '594 '30,884 '28,920 '10814 7965 '7893 '779 '775 '2699 r 1,522 '2712 '1,470 15 603 '15560 6,154 '6285 '1 819 '1 833 r 8074 7982 7873 7887 7845 787 755 750 768 779 754 757 750 1 501 2836 1 484 2807 1,455 2828 1 510 2787 1 518 2746 1 454 2732 1 427 15615 6243 1 783 15791 6227 1 769 15955 6245 1 760 15816 6285 1 794 15907 15648 6281 1822 6271 794 2801 2715 1413 2665 1 418 1 774 15851 6328 1 788 16007 6298 1 781 16301 6,363 1 642 '614 '15899 '783 '2688 '1463 '8277 235 947 116856 236,440 116894 235,386 117072 232,348 115004 232148 112816 233296 111 399 241 114 114739 255 325 120137 259,288 122561 240,297 119199 '234,735 '115494 237,936 117624 15782 65,292 16,843 16321 62,367 16,943 16241 63,807 16,386 16831 60975 16,405 16639 60163 16,874 16848 60134 16,795 16709 58,508 16,664 16319 56415 16,562 16304 54433 16,609 16221 55799 17,399 16 141 59289 18,464 16269 61216 18,563 16321 62,367 16,943 '16477 '59,922 '16,437 17276 61246 16,313 116,157 40348 121,098 42877 117,427 42030 119,091 43220 119,546 43580 118,314 42593 117,344 42069 119,332 43344 121,897 44448 126,375 47364 135,188 52300 136,727 52849 121,098 42877 '119,241 '42,817 120,312 43249 31 946 25249 18021 34759 26423 17,794 33194 24757 18,771 34370 25099 19138 34839 24980 19304 34017 25243 18954 33475 25282 18,706 34466 24950 19280 35344 24852 20156 37843 25073 20835 42132 26152 21539 42809 26715 21,628 34759 26,423 17,794 '34810 '25,521 '17,472 35285 25262 18,681 241,860 120488 244,767 118327 ''241,082 r 119189 236,900 116041 236,696 116087 236,204 115490 235,098 114305 235,994 114754 236,757 115279 239,745 117437 241,955 118172 242,186 117735 244,767 118327 '242,426 '116529 242,431 117569 16422 62,970 17048 16,948 59,901 17131 16199 59,357 16723 16,014 58,921 17166 16,107 58,461 17103 16,160 57,390 17039 16,286 57,688 17022 16,452 58,327 16709 16,518 59,631 17058 16,606 60,472 17128 16,807 59,988 17,140 16,948 59,901 17,131 '17,004 '58,889 '16910 17,276 59,400 16905 121 372 43919 126440 46660 893 '44318 120859 43820 120 609 43684 120714 43905 120793 44171 121 240 44465 121 478 44567 122308 45034 123783 45545 124,451 45,599 126,440 46,660 ' 125,897 '47,059 124,862 45,591 34686 24992 19,847 37700 26132 19,619 '34868 '25141 '19,759 34752 25273 19,569 34700 25246 19,558 34925 25336 19,380 35163 25334 19,405 35569 25226 19,222 35737 25307 19,214 36283 25293 19,436 36764 25431 19,317 36714 25,680 19,520 37700 26,132 19,619 '38211 '25,615 '19,609 37064 25,677 19,664 57230 54982 59740 57115 56728 61 046 55073 58428 64832 '83,280 51918 6236 6626 7244 6948 7045 6622 6849 7421 '10,988 6,123 661 323 r 705 499 47817 '83587 r 8919 5213 582 698 747 795 794 823 826 754 817 756 912 199 860 r 190 180 r 205 821 r 55 396 " 46 459 r 46 055 42604 11 903 15629 15386 50994 15399 17846 17570 57411 20732 17786 17,546 4028 3686 53916 17055 18*121 17898 5202 4,173 3832 51 579 16319 17337 17115 4534 3966 3597 50167 15521 17458 17240 4287 4050 3639 48451 14*785 16590 16382 4616 52496 16504 18173 17940 4602 4005 3787 49683 14688 17718 17494 3217 3418 48356 14934 16488 16264 4284 58,317 58,895 58,573 59,455 59,292 59,187 81 101 8620 604750 180423 202 872 198620 50189 45964 40591 '121 '621 r Grocery stores Apparel and accessory stores Women's clothing, specialty stores, and furriers Shoe stores Drug stores and proprietary stores 3457 3933 3864 58,497 58,583 3812 4149 7130 4319 3851 3624 3814 58,994 '716 45795 12263 17,480 17,230 3,876 3862 59,236 '58,794 60,703 3314 3,710 3817 741 718 741 740 739 753 756 761 752 747 741 798 14454 14308 14308 14412 14033 14,633 14,521 14,431 14,410 14,590 '14,236 15,189 465 455 453 455 441 447 445 437 431 441 16945 4647 17209 4536 16942 4649 17184 17240 4608 17168 4,725 17177 4,641 17299 4626 17218 4628 17,236 4,640 '17,301 '4,574 1603 1,652 1,636 '1,586 1594 4717 1689 1,649 1,594 1,645 1,636 1,617 '432 459 17,247 4763 1,675 921 971 920 965 945 922 946 953 913 911 910 3,786 3,849 3,778 3,757 3,806 3,872 3,898 3,918 3,948 3,929 '3,953 3,951 '884 '16519 '6516 675 '72292 '30745 ' 18,592 '18,166 '7,733 '3,832 '5443 5414 '8070 1509 '16,334 '16609 '6,382 '6438 '1 765 1 798 236,816 119389 16,241 61 ,822 16 963 ; 2772 240,297 119199 r '31 171 29, 133 10 208 1 791 237,352 121 195 r 99 627 18 942 628 '31 150 '31 046 '29,126 '29035 '10315 '10289 '8078 1 5. LABOR FORCE, EMPLOYMENT, AND EARNINGS LABOR FORCE AND POPULATION [Thousands, unless otherwise indicated] Not seasonally adjusted: Noninstitutional population, persons 16 years of age and over Labor force @ Resident Armed Forces Civilian noninstitutional population Civilian labor force total Employed Unemployed Seasonally adjusted: 0 Civilian labor force total Participation rate percent^ Employed total Employment-population ratio, percent * Agriculture Nonagriculture Unemployed total Long term, 15 weeks and over See footnotes at end of tables. 189,686 126424 1,637 191,329 126,867 1,564 190,717 125,672 1,602 190,703 125,903 1,460 190,836 126,183 1,456 190,980 126,315 1,458 191,173 128,559 1,505 191,443 128,931 1,604 191,589 127,713 1,616 191,746 127,029 1,624 191,903 127,182 1,614 192,057 127,001 1,605 192,209 126,712 1,604 192,358 126,671 1,599 192,469 126,971 1,585 192,607 127,382 1,585 188 049 124,787 117,914 6,874 189,765 125,303 116,877 8,426 189,115 124,070 115,151 8,919 189,243 124,443 115,639 8,804 189,380 124,727 116,678 8,049 189,522 124,857 116,624 8,233 189,668 127,054 118,280 8,774 189,839 127,327 118,751 8,576 189,973 126,097 117,859 8,237 190,122 125,405 117,335 8,070 190,289 125,568 117,555 8,013 190,452 125,396 117,110 8,286 190,605 125,108 116,549 8,559 190,759 125,072 115,122 9,949 190,884 125,386 115,224 10,161 191,022 125,797 116,106 9,691 125,067 125,250 125,644 125,259 125,524 125,204 125,004 125,590 125,508 125,374 125,619 66.4 66.0 66.1 116937 62.7 61.6 61.8 662 116,834 61.7 66.3 117388 62.0 66.1 116,730 61.6 66.2 116,909 61.6 66.0 116,729 61.5 65.8 116,484 61.3 66.1 117,089 61.6 66.0 116,867 61.4 65.8 116,772 61.3 65.9 116,728 61.2 126,046 66.1 117,117 61.4 126,287 66.2 117,043 61.3 126,590 66.3 117,348 61.4 3,186 114728 3,233 113,644 3,237 113,700 3,124 113,710 3,187 114,201 3,256 113,474 3,286 113,623 3,244 113,485 3,254 113,230 3,283 113,806 3,204 113,663 3,272 113,500 3,183 113,545 3,166 113,951 3,232 113,811 3,194 114,155 1,504 2,323 8,130 1,985 8,416 2,144 8,256 2,180 8,529 2,213 8,615 2,488 8,475 2,355 8,520 2,417 8,501 2,422 8,641 2,570 8,602 2,623 8,891 2,843 8,929 3,059 9,244 3,204 9,242 3,185 S-10 • April 1992 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data in BUSINESS STATISTICS, 1951-88 Annual 1990 1991 1991 Feb. Mar. | Apr. May June July 1992 Aug. Sept. Oct. Nov. Dec. Feb. Jan. Mar. 5. LABOR FORCE, EMPLOYMENT, AND EARNINGS-Continued LABOR FORCE-Continued Seasonally adjusted 0—Continued Civilian labor force—Continued Unemployed—Continued Rates $: All civilian workers Men, 20 years and over Women, 20 years and over Both sexes, 16-19 years White Black Married men, spouse present Married women, spouse present Women who maintain families Industry of last job: Private nonagricultural wage and salary workers Construction Manufacturing Durable goods Agricultural wage and salary workers Not seasonally adjusted: Occupation: Managerial and professional specialty .... Technical, sales, and administrative suooort Service occupations Precision production, craft, and repair .... Operators, fabricators, and laborers Farming forestry and fishing 5.5 4.9 4.8 15.5 6.7 6.3 5.7 18.6 6.5 6.2 5.4 17.3 6.7 6.3 5.6 18.5 6.6 62 5.5 18.2 4.7 11.3 8.0 3.4 3.8 8.2 6.0 12.4 9.9 4.4 4.5 9.1 5.8 11.9 9.5 4.2 4.3 9.1 6.0 12.3 10.0 4.4 4.6 9.1 5.8 12.5 9.2 4.3 4.5 9.6 5.7 11.1 5.8 5.8 9.7 7.0 15.4 7.2 7.5 11.6 6.8 15.1 7.2 7.8 11.3 7.1 14.3 7.4 7.9 13.0 6.9 14.9 7.4 8.0 10.4 2.1 2.8 2.4 2.5 2.4 6.8 6.4 5.7 18.9 6.0 12.8 9.7 4.4 4.5 9.2 7.1 15.0 7.4 7.6 11.3 2.8 6.9 6.5 5.7 19.0 6.1 12.7 9.9 4.6 4.6 9.1 7.2 15.5 7.7 8.0 11.9 2.9 6.8 6.5 5.4 19.9 6.1 11.9 9.6 4.4 4.4 8.5 7.1 16.2 7.1 7.2 11.5 3.1 6.8 6.5 5.7 19.0 6.1 12.4 10.0 4.4 4.4 9.4 7.1 15.4 7.2 7.4 11.8 3.3 6.8 6.5 5.6 18.2 6.1 12.3 10.9 4.5 4.5 9.0 7.0 15.7 6.9 6.5 5.8 18.9 6.1 12.8 10.5 4.2 4.5 9.4 7.1 16.1 6.9 6.4 5.9 18.7 B2 12.3 10.2 4.5 4.6 9.1 7.2 16.1 7.4 7.1 7.1 6.6 6.1 7.1 6.9 5.9 18.3 19.3 62 6.3 13.7 11.3 12.7 9.7 4.7 4.9 9.1 4.8 4.8 9.0 7.4 7.4 17.0 16.3 7.2 7.3 7.0 7.0 7.3 7.0 6.1 20.0 6.5 13.8 11.6 5.0 4.8 9.5 7.6 17.4 7.6 7.7 7.3 6.9 6.1 20.6 6.5 14.1 11.6 4.8 5.0 10.0 7.8 17.6 7.3 7.4 9.6 6.9 7.0 112 11.9 3.1 2.9 2.6 2.6 2.9 3.0 2.9 5.2 8.0 8.3 6.0 8.7 6.0 82 5.7 8.1 112 7.0 7.4 12.4 10.9 11.5 11.7 5.8 5.0 7.1 7.2 9.9 5.4 5.1 7.1 7.1 9.2 6.8 5.2 7.6 7.1 8.7 6.8 5.1 7.6 6.9 8.8 7.2 5.1 8.2 7.7 9.6 9.1 109,304 90,493 109,836 91,294 108,607 91,145 108,687 91,416 109,421 91,257 109,796 91,084 109,822 90,952 109,701 90,890 " 107,333 "107,595 "108,054 '88,852 "88,779 '89,133 108,736 90,312 71,916 23,794 710 4,688 108,887 90,447 72,021 23,847 108,885 90,429 72,051 23,792 108,859 90,439 72,037 23,798 108,971 90,557 72,115 23,826 109,066 90,642 72,228 23,797 109,073 90,606 72,229 23,727 108,843 90,374 72,037 23,595 108,882 90,368 72,075 23,552 r 706 4,715 704 4,710 701 693 4,691 684 670 666 "664 "659 4,699 679 4,671 674 4,695 4,584 4,589 "4,602 "4,574 "4,584 18,443 10,584 692 479 520 724 1,356 2,024 1,599 1,846 978 366 18,396 10,560 692 481 521 723 1,353 2,007 1,597 1,846 976 364 18,426 10,575 18,378 10,534 18,402 10,546 18,442 10,553 18,414 10,531 18,377 10,493 18,337 10,457 18293 10,414 "18,238 "10,367 "18,252 "10,386 "18,249 "10,381 7,836 1,673 48 660 1,005 691 1,542 1,089 159 849 120 696 482 522 719 1,358 1,980 1,581 1,861 967 365 7,883 1,676 49 670 1,034 692 1,530 1,090 159 862 121 698 481 523 713 1,356 1,968 1,573 1,850 964 367 7,884 1,672 48 672 1,039 691 1,528 1,092 159 864 119 697 479 517 709 1,351 1,955 1,572 1,853 958 366 7,880 1,669 47 673 1,043 691 1,524 1,092 158 863 120 697 478 517 708 1,346 1,944 1,568 1,840 949 367 7,879 1,670 48 674 1,042 690 1,524 1,091 158 862 120 85,163 5,824 6,072 19,346 6,708 28,779 18,433 2,966 4,345 11,123 85,121 5,834 6,119 19,464 6,732 28,583 18,389 2,951 4,354 11,084 85,025 5,824 6,105 19,378 6,735 28,576 18,407 2,951 4,359 11,097 84,942 5,814 6,086 19,324 6,718 28,576 18,424 85,269 5,829 6,049 19,338 6,692 28,937 18,424 2,979 4,328 11,117 85,346 5,828 6,047 19,288 6,697 29,019 18,467 2,983 4,332 11,152 85,330 5,816 4,359 11,126 85,145 5,820 6,050 19,343 6,687 28,831 18,414 2,967 4,337 11,110 85,248 4,352 11,119 1,660 49 671 1,032 689 1,532 1,084 159 857 123 85,061 5,809 6,064 19,347 6,688 28,733 18,420 2,963 4,338 11,119 700 483 523 722 1,361 1,980 1,585 1,868 966 365 7.889 1,685 50 670 1,031 692 1,531 1,088 160 861 121 "697 7,859 1,679 48 660 1,009 693 1,548 1,091 158 852 121 696 483 518 718 1,358 1,990 1,594 1,845 969 363 7,844 1,677 48 665 1,017 687 1,531 1,086 159 854 120 699 478 520 721 1,359 1,984 1,589 1,861 968 367 7.880 1,679 49 661 1,010 694 1,553 1,093 158 861 122 697 483 519 721 1,354 2,003 1,599 1,863 973 363 7,851 1,677 48 665 1,013 690 1,540 1,086 159 854 119 85,040 5,819 6,085 19,339 6,712 28,645 18,440 2,952 4,348 11,140 74,254 12,974 73,238 12,447 71,903 12,362 72,079 12,319 72,530 12,327 73,188 12,389 73,941 12,491 73,811 12,384 74,074 12,579 73,920 12,606 74,254 17,471 510 3,987 12,974 7,371 610 403 433 574 1,048 1,259 1.055 1,218 498 274 73,238 16,526 496 3,584 12,447 6,962 571 378 402 543 994 1,185 1.001 1,148 474 263 73,378 16,658 512 3,658 12,488 7,000 569 377 406 548 994 1,215 1,007 1,135 484 265 73,172 16,534 511 3,599 12,424 6,956 564 375 400 546 990 1,209 1.000 1,125 485 262 72,983 16,477 73,121 16,530 73,147 16,507 73,196 16,535 73,265 16,563 73,338 16,531 4.2 6.6 5.8 8.6 6.2 5.1 7.5 7.9 10.5 7.6 5.2 7.5 9.6 13.0 10.5 5.2 7.9 8.8 12.3 11.2 4.9 6.7 8.2 11.0 6,4 5.2 7.4 7.6 9.8 5.8 Employees on nonfarm payrolls by industry: Total, not adjusted for seas, variation Private sector (excl. government) 109,971 91,649 108,981 90,548 107,887 89,204 108,147 89,373 108,590 89,825 Seasonally adjusted: Total employees nonfarm payrolls Private sector (excl government) Nonmanufacturing industries Goods-producing Mining Construction . .. 109,971 91,649 72,538 24,958 711 5,136 108,981 90,548 72,122 23,819 697 4,696 109,160 90,771 72,239 24,039 715 4,792 108,902 90,495 72,052 23,877 714 4,720 19,111 11,115 741 510 557 756 1,423 2,095 1,673 1,980 1,004 377 18,426 10,556 697 481 521 720 1,359 1,993 1,590 1,856 969 366 18,532 10,652 696 482 527 726 1,365 2,036 1,611 1,859 982 368 7,995 1,668 49 691 1,043 699 1,574 1,093 158 889 132 7,870 1,674 48 667 1,024 691 1,537 1,089 158 859 120 85,014 5,826 6,205 19,683 6,739 28,240 18,322 3,085 4,303 10,934 Production or nonsupervisory workers on private nonfarm payrolls not seas, adjusted Manufacturing not seas, adjusted Production or nonsupervisory workers on private nonfarm payrolls Goods-producing Mining Construction Manufacturing Durable goods Lumber and wood products Furniture and fixtures Stone, clay, and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electrical equipment Transportation equipment Instruments and related products Miscellaneous manufacturina 5.1 7.5 7.2 10.4 11.3 13.0 11.3 10.9 8.8 12.0 13.7 11.0 12.6 8.9 EMPLOYMENT § [Thousands] Manufacturing Durable goods Lumber and wood products Furniture and fixtures Stone clay and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electrical equipment Transportation equipment Instruments and related products Miscellaneous manufacturing 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 misc. plastics products Leather and leather products Service-producing Transportation and public utilities Wholesale trade Retail trade Finance insurance, and real estate Services Government Federal State Local See footnotes at end of tables. 2,95: 85,093 5,809 6,068 19,345 6,703 28,712 18,456 2,971 7,856 484 3,591 478 "514 '703 "704 477 514 "702 "706 "480 "514 "700 "1,343 "1.938 "1,565 "1,812 "1,340 1,936 "1,559 "1,842 "1,337 "1,935 "1,555 "1,845 "951 "947 "365 "946 "363 "7,866 "1,670 "7,868 "1,667 366 7,871 "1,572 49 "48 "48 "672 "675 "676 "1,037 "1,038 "1,036 "690 "1,521 "1,092 "157 "862 689 1,514 "1,092 "157 865 118 "690 "1,516 "1,092 "157 "867 "119 11,146 5,811 6,023 19,224 6,701 29,057 18,514 2,986 4,338 11,190 119 "85,254 "5,794 "6,007 "19,168 "6,693 "29,073 "18,519 "2,983 "4,351 "11,185 "85,377 "5,800 "5,996 "19,292 "6,702 "29,076 "18,511 2.978 "4,348 "11,185 "85,394 "5,797 "5,987 "19,268 "6,706 "29,086 "18,550 "2,980 "4,349 "11,221 73,782 12,554 73,686 12,476 73,627 12,396 "71,713 "12,210 "71,638 "12,217 "71,985 "12,238 73,302 16,493 73,125 16,366 73,103 16,344 "73,059 "16,313 "73,127 16,308 "73,157 "16,322 6,034 19,227 6,694 29,008 18,469 2,982 4,341 509 503 500 499 490 481 476 474 3,565 12,403 6,948 3,598 12,429 6,964 3,597 12,410 6,943 3,588 12,448 3,585 12,488 6,983 12,456 6,954 3,577 12.435 6,933 3,486 12,404 6,909 3,494 12,376 6,883 566 377 401 544 989 1,198 1,001 1,130 481 26 570 378 400 544 990 1,191 1,005 1,148 478 260 570 379 400 541 992 1,183 1,004 1,139 475 260 574 379 404 545 995 1,179 1,004 1,169 471 263 571 379 404 542 995 1,176 997 1,159 468 263 573 379 404 538 993 1,168 994 1,153 466 26S 572 377 399 534 989 1,155 993 1,158 467 265 571 376 399 534 985 1,152 991 1,146 464 265 6,971 573 375 401 544 995 1,177 1,005 1,163 474 264 108,760 "108,867 " 108,886 "90,241 "90,356 "90,336 "72,003 "72,104 "72,087 "23,506 "23,490 "23,492 "470 "468 "462 "3,506 "12,337 "6,844 "3,477 "12,363 6,875 "3,486 "12,374 "6,886 571 "529 "982 "577 "375 "396 "529 "982 "578 "379 "396 "527 "981 1,146 "1,149 "1,150 "376 396 "990 "98 "988 "1.123 "1,152 "1,158 "465 "266 "465 "466 "263 264 April 1992 • S-ll SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, i96i-88 Annual 1990 | 1992 1991 1991 Feb. | Mar. Apr. | May June July | Aug. | Nov. I Dec. Sept. Oct. 5502 1,216 37 574 865 521 845 580 103 663 98 56,807 4,847 4850 17,061 4,829 25,220 5502 1,211 36 577 869 520 844 581 102 665 97 56,809 4,843 4844 16,990 4,827 25,305 5495 1,208 35 576 874 520 840 577 102 665 98 56,759 4,842 4,838 16,951 4,837 25,291 5493 1,208 36 578 872 520 840 576 102 664 97 56,759 4,836 4,828 16,934 4,835 25,326 44.1 39.0 34.4 34.3 43.9 39.1 34.3 34.4 44.1 37.7 34.7 34.5 43.9 37.8 41.3 41.0 41.7 41.1 Jan. Feb. I Mar. 5. LABOR FORCE, EMPLOYMENT, AND EARNINGS-Continued EMPLOYMENT §-Continued [Thousands] Seasonally adjusted-Continued 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 misc. plastics products Leather and leather products Service-producing Transportation and public utilities Wholesale trade Retail trade . Finance, insurance, and real estate Services 5603 1,200 36 593 874 524 873 603 103 688 109 56783 4,835 4985 17434 4,884 24646 5486 1,210 36 571 856 520 846 584 102 659 98 56,711 4,839 4868 17,079 4,845 25081 5488 1,213 36 565 843 522 855 592 102 660 100 56,720 4,840 4904 17,202 4,863 24911 5468 1,213 35 564 842 521 851 591 102 651 98 56,638 4,834 4894 17,132 4,862 24916 5455 1,207 35 565 840 519 849 591 103 649 97 56,506 4,825 4879 17072 4,851 24879 5465 1,211 36 570 847 519 844 585 102 654 97 56,591 4,834 4878 17,083 4,854 24942 5467 1,213 36 571 850 517 841 583 103 656 97 56,640 4,825 4864 17,081 4,851 25019 5477 1,197 36 575 867 517 845 580 103 658 99 56,661 4,834 4861 17,078 4,837 25051 5505 1,220 38 574 863 521 843 583 103 662 98 56,702 4,836 4843 17,067 4,826 25130 r 5493 1,212 37 r 576 '5488 '1,211 36 578 -868 '868 '518 '836 '575 519 '840 r 576 103 '665 97 '56,746 '4,833 '4,814 * 16,874 '4,838 '25,387 103 '667 '5,488 ' 1,209 '36 '580 '866 '519 '836 '575 '103 '667 96 '56,819 '4,835 '4,803 '16,978 '4,847 '25,356 '97 '56,835 '4,839 '4,798 '16,977 '4,858 '25,363 '34.2 '34.6 '44.0 '34.3 '34.6 '44.1 AVERAGE HOURS PER WEEK § [Hours] Seasonally adjusted: Average weekly hours per worker on private nonfarm payrolls: 0 Not seasonally adjusted Seasonally adjusted Mining Construction $ Manufacturing: Not seasonally adjusted Seasonally adjusted Overtime hours Durable goods Overtime hours Lumber and wood products Furniture and fixtures Stone, clay; and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electrical equipment ... Transportation equipment Instruments and related products Miscellaneous manufacturing Nondurable goods Overtime hours . ... Food and kindred products Tobacco manufactures $ Textile mill products Apparel and other textile products Paper and allied products Chemicals and allied products Petroleum and coal products $ Rubber and misc. plastics products Leather and leather products Transportation and public utilities Wholesale trade . Retail trade Finance insurance and real estate * Services 34.5 34.3 33.9 34.0 34.0 343 342 340 343 441 38.2 44.4 38.1 44.9 37.0 44.6 37.2 44.3 37.8 44.9 38.2 34.7 34.6 45.0 38.7 34.5 34.1 43.9 38.6 34.7 34.3 44.5 38.7 40.8 40.7 39.9 40.1 40.1 40.3 40.9 40.4 40.9 41.4 41.1 34.2 34.7 345 36 36 403 33 403 33 402 33 404 34 408 37 407 3.7 41 0 3.8 41 0 3.7 409 3.7 41 3 37 41 1 35 407 32 406 3.2 407 3.3 408 33 41 3 3.7 412 3.7 41.4 41.5 41.4 40.2 40.0 39.3 39.2 39.2 39.7 40.6 40.0 40.2 391 389 375 382 389 389 393 392 391 42.0 41.7 41.5 40.7 41.5 40.5 41.0 41.0 39.3 41.3 41.4 40.6 41.5 40.2 40.8 40.9 39.3 41.3 41.4 40.7 41.3 40.6 41.0 40.8 39.2 41.5 41.6 40.8 41.2 40.6 41.1 39.5 41.7 42.2 41.2 41.7 40.7 41.9 41.0 39.6 40.8 39.3 42.0 42.3 41.2 41.8 40.7 42.1 41.0 39.7 41.9 42.6 41.3 41.6 40.7 42.3 40.6 39.6 41.6 43.0 41.6 42.0 40.8 42.4 41.0 40.1 40.0 40.1 39.8 39.9 39.7 39.9 40.1 40.1 40.4 427 41.3 41.9 40.8 420 3.4 3.4 40.6 38.4 39.2 36.5 43.0 37.6 42.4 43.8 40.6 37.2 40.6 38.2 39.4 36.6 43.2 37.6 42.7 43.9 40.6 37.1 40.3 37.7 39.6 36.4 42.9 37.5 42.4 44.5 40.7 37.1 38.1 28.6 38.6 37.9 28.6 358 358 358 38.4 37.9 28.4 35.6 32.6 32.5 32.5 38.6 38.1 28.6 35.6 32.4 3.6 3.7 40.8 39.2 39.9 36.4 40.6 39.1 40.6 37.0 433 433 37.9 42.6 44.6 41.1 37.4 37.8 42.9 44.1 41.1 37.4 389 386 38.1 28.8 3.4 322 412 3.5 40.3 39.0 402 36.7 43.0 37.5 42.5 45.1 40.9 3.7 40.4 39.5 40.8 36.9 432 372 37.8 42.8 44.8 41.1 37.6 38.8 38.2 28.7 35.5 32.5 38.9 38.4 28.9 36.2 32.7 3.7 40.4 38.4 41.0 37.0 43.5 37.6 42.6 43.9 41.1 37.7 38.4 37.9 28.4 35.6 322 3.8 3.8 3.7 3.7 41.4 41.5 3.7 3.8 40.6 40.8 3.6 41.2 3.5 36.5 '372 40.6 41.1 '3.7 '40.8 '41.1 '41.6 3.6 '41.6 40.4 41.4 '39.4 '41.4 42.4 '39.8 '41.9 '42.9 '41.3 '41.7 41.6 '422 41.0 '41.1 '41.9 40.6 39.7 42.0 42.6 41.6 42.1 41.2 41.9 402 40.5 38.9 41.5 42.5 41.4 41.8 41.1 42.4 41.2 39.7 40.0 39.6 40.3 40.4 40.5 40.5 '40.3 3.7 40.5 '3.8 40.5 '40.9 '38.0 '41.2 3.7 3.8 3.8 412 3.9 40.6 39.4 41.5 37.5 43.6 44.1 41.4 37.1 40.9 38.5 41.4 37.3 43.5 38.1 43.4 44.5 41.5 38.4 38.4 38.1 28.4 35.5 32.4 38.4 38.1 28.8 35.6 32.5 38.5 38.2 28.7 40.6 40.6 40.3 41.3 37.3 43.4 37.6 41.3 37.4 43.4 37.8 432 432 432 43.6 41.4 37.3 44.6 41.2 37.7 38.7 38.9 38.2 28.8 36.1 32.6 382 3.8 43.4 36.6 40.0 39.1 41.9 42.7 41.6 41.8 40.6 42.5 40.9 39.8 40.5 39.1 42.0 42.8 41.7 42.1 40.7 42.3 41.3 40.5 39.4 41.4 37.3 43.5 37.8 28.6 35.7 32.4 3.7 33.8 '34.2 402 '41.5 '40.9 '39.1 41.0 37,5 41.3 39.8 37.2 '43.4 '43.6 382 37.9 38.1 43.5 43.5 41.5 37.7 '43.2 '42.4 '41.4 '37.6 '38.4 362 '35.6 '43.4 '43.7 '41.8 '37.0 '38.6 '38.5 '29.1 '36.4 32.6 32.4 32.8 38.1 28.5 '3.7 '3.7 '412 '40.1 '41.9 '43.0 '41.4 '42.3 '412 '41.8 '41.3 '39.9 '40.5 '3.8 '40.5 '40.1 '41.0 '37.3 '43.6 '38.1 '43.4 '44.1 '41.9 '37.0 '38.6 '38.4 '28.9 '36.3 '32.7 AGGREGATE EMPLOYEE-HOURS § [Billions of hours] Seasonally adjusted: Employee-hours, wage and salary workers in nonagric. establishments, for 1 week in the month seas adj at annual rate Total private sector Mining Construction Manufacturing Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services . Government [1982=100] Indexes of employee-hours (aggregate weekly): 0 Private nonfarm payrolls total . Goods-producing Mining Construction Manufacturing Durable goods Nondurable goods Service-producing . . Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services See footnotes at end of tables. 20358 166.88 201 04 164.08 201.30 164.35 200.71 163.69 199.66 162.66 200.76 163.90 201.73 164.87 199.81 162.99 1.61 9.29 1.67 9.57 1.66 9.25 1.63 9.24 1.65 9.34 1.63 9.33 29.47 12.57 48.39 36.70 3902 11.72 12.03 28.78 12.50 49.13 36.95 38.97 11.77 12.06 28.95 12.55 48.82 36.95 38.77 11.74 12.10 28.82 12.56 48.80 37.03 38.66 11.68 11.99 28.54 12.36 48.55 37.00 38.81 11.73 12.09 28.86 12.49 48.93 36.86 38.96 11.76 12.12 29.07 12.64 49.35 36.86 928 38.99 11.66 11.95 28.57 12.30 48.65 36.82 123.7 109.8 121.4 103.7 121.5 104.0 120.9 102.7 120.0 102.5 121.2 103.2 122.1 103.8 120.7 103.8 64.1 62.7 65.4 65.0 64.3 64.4 64.2 62.5 138.3 123.8 126.9 1022 99.2 1016 98.8 123.2 100.9 122.7 100.7 124.4 1066 97.8 97.9 106.2 129.4 114.3 113.7 105.5 129.4 114.3 114.2 121.1 120.2 146.9 105.2 129.0 114.1 114.3 120.6 119.9 146.5 104.5 127.9 113.3 113.4 119.3 118.3 145.4 1.63 1021 4051 11.81 1229 105.5 108.2 130.0 115.1 116.3 1236 1202 120.8 145.6 119.7 147.7 1.60 200.94 164.32 202.10 165.16 201.13 163.86 201.21 163.99 201.48 164.44 '200.34 '163.05 '1.50 1.60 9.25 1.57 9.36 1.56 9.30 1.55 8.99 1.53 9.12 39.23 11.71 12.02 28.77 12.47 4928 36.62 39.17 11.82 12.02 28.96 12.61 49.65 36.95 39.05 11.69 11.98 28.49 12.36 49.43 37.27 39.03 11.64 11.96 28.79 12.48 49.56 37.22 38.97 11.66 11.96 28.69 12.64 49.86 37.04 '38.69 '11.58 11.90 '28.41 12.45 '49.44 '37.29 121.5 104.4 622 123.3 122.3 104.4 121.3 104.0 602 124.4 102.6 121.5 103.1 121.7 103.3 '120.9 '102.5 59.9 '582 119.3 102.6 59.4 1212 102.5 99.4 99.1 99.0 107.1 129.0 113.8 113.1 118.7 118.0 148.8 107.4 129.7 113.7 113.0 120.1 107.4 130.0 113.9 113.1 119.6 120.9 149.9 1012 98.4 1052 124.4 102.0 123.8 102.3 99.4 105:8 99.6 100.3 129.3 114.7 114.2 120.6 119.7 147.1 130.3 114.8 114.5 121.5 121.3 148.5 106.0 128.2 113.5 112.9 119.3 117.9 146.4 1072 1292 1032 114.5 113.4 120.1 119.0 147.8 60.9 124.9 102.9 100.0 107.0 130.3 115.3 113.6 120.9 120.4 1492 1192 1492 9.09 '120.9 101.5 '97.7 106.9 129.1 '113.5 112.4 118.3 '119.3 '149.3 '202.55 '202.12 '164.95 '164.81 '1.51 '1.51 '8.94 '9.01 '38.92 '38.90 '11.69 '11.67 '12.00 '11.96 '28.96 '29.19 '12.73 '12.75 '49.96 '50.07 '37.60 '37.32 '122.4 102.9 '58.7 '118.7 '102.5 '99.1 107.3 '131.1 '114.2 '113.4 '121.6 '121.8 '150.9 '122.1 '103.0 '58.1 '119.6 '102.5 '99.3 '107.1 '130.7 '114.3 '112.9 '120.7 '122.1 '150.5 S-12 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, igei-sa SURVEY OF CURRENT BUSINESS 1992 1991 Annual 1990 | 1991 Feb. Mar. Apr. | May June July | Aug. | Sept. | Oct. | Nov. | Dec. Jan. Feb. Mar. 10.53 '14.54 13.89 '11.32 '10.87 11.90 11.44 '9.41 '8.87 '11.41 '13.46 '11.33 '12.30 '10.91 '15.02 '11.82 r 9.08 '10.58 '10.15 10.04 '16.33 '8.48 '6.83 '12.85 '11.60 '14.29 '17.95 '1028 '7.37 '13.42 '11.37 '7.14 '10.83 '10.55 '1 0.56 '14.55 ' 14.05 '11.38 ' 10.91 ' 11.95 '11.46 '9.37 '8.96 '11.47 '13.56 '11.38 '12.33 '10.93 '15.08 '11.92 '9.15 '10.55 '14.51 '14.09 '11.38 '13.44 '11.38 '7.14 '10.83 '10.51 5. LABOR FORCE, EMPLOYMENT, AND EARNINGS-Continued HOURLY AND WEEKLY EARNINGS § [Dollars] Average hourly earnings per worker, not seas, adj.: 0 Private nonfarm payrolls Mining Construction Manufacturing Excluding overtime Durable goods . . Excluding overtime Lumber and wood products Furniture and fixtures Stone clay and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electrical equipment ... Transportation equipment Instruments and related products Miscellaneous manufacturing Nondurable goods Excluding overtime 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 misc. plastics products Leather and leather products Transportation and public utilities Wholesale trade . Retail trade Finance, insurance, and real estate Services Average hourly earnings per worker, seas, adj.: 0 Private nonfarm payrolls . Mining Construction Manufacturing Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services [Dollars per hour] Hourly wages, not seasonally adjusted: Construction wages, 20 cities (ENR): §§ Common labor Skilled labor Railroad wages (average class I) [Dollars] Avg. weekly earnings per worker, private nonfarm: 0 Current dollars, seasonally adjusted 1982 dollars, seasonally adjusted $ Current dollars, not seasonally adjusted: Private nonfarm total ,. Minina Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services 10.02 10.34 10.23 10.24 10.30 10.31 10.31 10.30 10.31 10.46 10.44 10.46 10.50 1369 1378 1083 1037 1135 1421 1401 1410 1393 1409 1393 1412 1399 1410 1396 1424 1388 1420 1397 1416 1403 1414 1429 1453 14.13 11.18 11.02 11.06 11.11 11.15 11.19 11.22 11.17 14.00 11.31 14.12 11.38 1071 1061 1155 1064 1069 1165 1072 1071 1176 1074 1435 1415 1127 1073 1189 1079 1085 11.91 11.38 11.96 11.41 11.26 11 81 11.32 8.67 9.36 8.75 9.34 8.78 1067 1177 1125 9.36 8.82 11.34 13.22 11.15 12.11 10.66 14.74 11.67 11.40 13.32 11.20 12.16 10.74 14.82 11.68 11.42 13.44 11.23 12.17 10.77 14.91 11.71 11.41 13.42 11.23 12.15 10.78 14.83 11.66 11 70 11.27 923 1125 1074 11.87 11.34 10.86 11 76 11.27 11.14 11 60 11.17 9.09 8.52 9.28 8.77 9.10 8.65 9.10 8.67 9.18 8.70 11 11 12.92 10.83 11.78 10.30 14.10 11.31 861 11 36 13.33 11.20 12.17 10.73 14.79 11.71 11.19 13.02 11.02 12.06 10.58 14.34 11.65 11.20 13.17 11.08 12.13 10.55 14.43 11.69 11 33 13.21 11.11 12.10 10.63 14.55 11.66 8.85 8.70 8.76 8.78 8.85 8.88 8.83 8.85 8.90 8.86 8.94 9.08 10.12 10.44 10.31 10.35 10.40 10.43 10.49 10.47 9.98 961 16.29 802 988 16.89 830 9.92 9.74 9.95 9.80 9.99 9.84 10.47 10.00 10.42 9.69 10.41 10.00 9.92 9.81 9.97 9.86 9.98 9.85 16.12 17.35 816 17.56 820 16.06 10.54 10.04 10.02 16.95 10.62 10.12 10.11 16.08 6.57 1230 1155 6.75 1270 6.63 1256 6.72 1256 11.36 13.85 17.06 10.01 11.43 13.96 17.01 10.02 13.55 16.23 977 6.90 1296 1079 6.76 9.97 983 1002 11.50 14.07 17.02 10.10 7.16 1323 11 16 8.13 6.61 12.51 11.37 13.83 17.01 9.99 7.09 13.17 11.08 11.22 9.93 9.97 9.92 18.01 18.38 8.22 6.73 8.28 6.77 12.63 11.39 14.01 16.89 10.08 12.66 11.44 14.05 16.85 10.08 9.87 11.33 9.41 8.88 9.35 8.85 9.37 8.85 9.38 8.95 11.44 13.51 11.33 12.24 10.84 15.06 11.74 11.41 13.48 11.30 11.47 13.49 11.36 12.29 10.88 15.12 11.80 11.48 13.49 11.41 12.35 10.96 15.18 11.88 1226 10.78 15.07 11.76 r r 10.51 14.61 14.06 M129 10.84 11.85 11.39 '9.38 r 8.87 11.45 13.41 11.30 '12.24 10.90 14.91 '11.84 r 9.06 10.59 10.14 10.05 '16.16 r 16.58 16.03 6.79 8.36 6.80 8.42 6.86 8.40 6.81 8.45 6.81 8.49 6.86 8.49 6.82 12.78 11.49 14.16 16.87 10.11 12.72 11.56 14.06 16.80 10.11 12.80 11.65 14.21 17.16 10.16 12.80 11.62 14.25 17.14 10.13 12.95 11.69 14.34 17.47 " 12.86 '11.62 '14.30 '17.53 r 10.32 7.18 1324 12.85 11.62 14.27 17.38 10.18 723 13.26 18.31 827 7.11 7.18 7.15 7.15 7.10 7.10 7.18 13.15 11.06 13.19 11.12 13.17 11.11 13.16 11.19 13.25 11.14 13.26 11.14 13.32 11.19 1027 7.31 13.36 11.34 7.34 r 13.34 '11.31 7.00 6.89 6.91 6.98 6.97 6.98 6.98 6.97 1124 7.07 7.07 1126 7.11 10.42 10.30 10.14 10.33 10.16 10.36 10.19 10.36 10.21 10.42 10.19 10.36 10.13 10.37 10.15 10.53 10.33 10.49 10.33 10.54 10.41 10.68 10.50 '10.68 10.50 10.20 13.99 13.97 11.03 13.13 11.05 687 10.22 10.07 10.24 14.03 13.97 11.05 13.16 11.07 690 10.32 10.13 10.28 14.05 14.05 11.12 13.19 11.08 10.32 14.13 14.00 11.15 10.37 14.30 13.98 11.19 10.36 14.24 14.01 11.22 13.26 11.14 10.40 14.27 14.07 11.25 13.30 11.22 10.41 14.34 14.04 10.40 14.24 14.02 1125 10.47 '14.44 13.99 '11.28 '13.31 '11.28 6.98 7.01 7.03 7.04 1126 1320 1121 7.06 10.48 14.54 14.08 11.32 13.33 11.29 6.97 1123 7.05 10.44 14.38 13.99 11.31 13.25 11.26 7.09 7.10 10.28 10.16 10.35 10.24 10.50 10.29 10.40 10.25 10.47 10.30 10.55 10.32 10.49 10.29 10.55 10.37 10.66 10.42 '10.62 10.41 '10.51 '14.45 13.93 '11.33 '13.38 '11.34 '7.13 '10.75 '10.48 1024 1034 13.69 14.21 1378 1083 1401 12.96 10.79 676 11 18 13.23 11.16 700 9.97 9.83 10.24 1042 1324 1323 11.12 11.23 13.27 7.09 7.15 7.11 '10.65 '10.20 '10.10 '17.03 '8.49 '6.86 '12.94 '11.69 '14.33 '18.12 '10.32 '7.42 '13.41 '11.37 '7.14 '10.84 '10.54 1833 1888 23.92 24.76 18.61 24.35 18.61 24.35 18.61 24.37 1568 1585 1548 1560 18.78 24.54 15.57 18.85 24.64 15.66 18.98 24.84 15.70 19.03 24.93 16.06 19.07 25.00 15.96 19.11 25.09 15.49 19.14 25.19 15.10 19.14 25.19 16.04 19.14 25.19 '16.13 19.14 25.19 16.33 19.24 25.18 1608 345.69 259.72 354.66 255.89 349.86 254.81 350.21 255.07 349.52 253.83 353.98 256.32 358.80 25925 353.28 254.89 356.72 256.82 359.15 257.82 356.72 255.53 359.14 256.35 361.56 257.52 '358.07 '254.85 '363.65 '258.27 '365.03 '257.97 345.69 60373 526.40 441.86 468.76 404.80 504.14 411.10 194.69 356.93 32046 354.66 63092 533.78 455.03 483.34 418.64 510.68 42520 200.20 373.04 33280 346.80 626.04 515.41 439.70 466.62 406.21 504.41 417.72 192.92 368.74 327.52 348.16 619.96 518.20 443.51 469.80 409.86 503.65 419.17 194.17 367.75 328.17 350.20 619.87 528.82 445.51 472.99 410.80 506.50 421.45 197.53 368.82 329.14 352.60 624.63 533.27 449.35 476.19 414.32 508.36 423.29 199.34 367.78 329.78 357.76 640.80 537.16 457.67 488.04 419.29 514.56 430.82 203.82 377.20 33423 355.35 619.12 539.24 45329 480.67 417.75 515.43 424.43 204.51 368.82 33024 357,76 630.12 542.96 456.85 484.92 422.01 515.81 425.55 204.22 37021 331.91 362.96 642.88 551.85 466.58 497.00 427.99 520.81 431.62 203.62 380.13 336.76 359.14 627.82 552.48 462.38 493.79 425.08 511.06 427.46 200.79 372.4C 334.69 358.78 634.48 527.80 467.10 495.46 430.03 509.18 429.01 202.64 375.22 337.2fi 364.35 649.49 533.74 474.55 504.71 435.42 515.70 435.46 207.03 386.62 342.30 '355.24 '634.07 514.60 '458.37 485.85 424.66 '505.59 '427.52 198.77 380.21 338.1 ( '360.13 '36221 '633.94 '632.93 506.99 '522.66 '459.5S '464.30 489.09 '494.73 '4232C '428.13 '512.64 '513.60 '434.33 '434.33 '202.78 '202.78 '39421 '393.49 '343.9o '343.60 EMPLOYMENT COST INDEX @ [June 1989=100] Total compensation: Civilian workers t Workers, by occupational group: White*collar workers Workers, by industry division: Manufacturing Services Public administration Wages and salaries: * Civilian workers t Workers, by occupational group: White-collar workers Blue-collar workers Service workers Workers, by industry division: Manufacturing Services Public administration 1091 110.2 111.5 112.2 113.5 1098 1080 1094 110.8 109.2 1104 112.1 110.3 112.3 112.8 111.1 113.1 113.9 112.6 114.1 1086 1094 110.0 1112 1103 111 5 1108 112.0 110.9 111.7 113.8 112.2 112.2 112.3 114.6 112.6 114.0 113.3 115.5 114.0 1080 108.9 110.0 110.6 111.5 1087 1096 107.4 1108 1082 1078 1089 110.6 111 3 108.9 111.3 1122 106.6 1074 1081 1102 1091 108.4 109.3 1090 1107 1095 1102 1124 110.3 110.7 113.0 110.9 111.5 111.5 113.7 111.9 110.6 109.8 111.9 HELP-WANTED ADVERTISING Seasonally adjusted index 1967-100 See footnotes at end of tables. 128 93 97 95 95 94 96 92 91 92 88 89 90 85 89 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual 1990 April 1992 • S-13 1991 1991 Mar. | Feb. Apr. | May | June | 1992 July | Aug. Sept. | Oct. | Nov. Jan, | Dec. Feb. | Mar. 5. LABOR FORCE, EMPLOYMENT, AND EARNINGS-Continued WORK STOPPAGES Work stoppages involving 1,000 or more workers: Number of stoppages: Beginning in month or year, number Workers involved in stoppages: Beginning in month or year, thousands Days idle during month or year, thousands 44 40 2 1 7 7 5 0 4 3 6 3 1 0 1 1 185 392 3 2 298 19 37 0 6 4 12 10 1 0 2 3 5,926 4,584 240 257 823 533 462 272 283 272 306 362 416 393 762 367 20184 2,514 2.4 18058 115,957 161.64 23223 3,332 3.1 25446 155,120 r 169.97 2065 4,020 3.5 2382 14,514 169.51 1 868 3,805 3.6 2486 15,142 170.01 1 642 3,213 3.0 2236 13,598 170.46 2028 3,214 3.0 1 519 2,940 2.8 1 911 11,636 169.02 1 359 2,734 2.6 1 681 10,199 170.70 1 891 ' 2,779 2.6 1,681 10,206 170.79 2603 '3,488 3.3 2,183 13,259 T 170.99 2928 '4,107 3.9 2,724 17,086 '171.64 M888 '4,105 UNEMPLOYMENT INSURANCE $ State programs: Initial claims thousands Average weekly insured unemployment, thousands Rate of insured unemployment, percent @ Total benefits paid mil $ Weeks of unemployment compensated, thousands Average weekly benefit, dollars Federal civilian employees unemployment insurance (UCFE): Initial claims, thousands Average weekly insured unemployment, thousands Total benefits paid, mil. $ Weeks of unemployment compensated, thousands Average weekly benefit, dollars Veterans unemployment insurance (UCX): Initial claims, thousands Average weekly insured unemployment, thousands Total benefits paid, mil. $ Weeks of unemployment compensated, thousands Average weekly benefit, dollars 131.7 24.1 137.1 30.6 159.0 1,077.5 148.04 214.0 1,392.3 153.82 132.9 154.0 18.4 131.7 773.3 170.58 22.4 167.5 926.8 179.24 9.0 36.1 19.8 130.6 151.87 8.0 18.3 10.4 59.5 175.60 1952 3,996 3.7 2526 15,321 170.45 7.6 32.1 18.3 121.6 150.58 8.3 16.7 9.9 56.8 174.50 9.7 28.5 16.9 110.2 153.41 8.9 16.1 9.7 55.7 174.40 9.1 24.0 14.7 97.1 151.69 10.5 14.7 8.9 51.1 174.31 1497 3,127 2.9 1864 2135 11,316 170.50 13,031 169.16 10.5 24.7 13.1 85.4 153.65 10.8 16.4 8.8 16.0 28.9 16.9 109.2 155.02 15.3 19.8 12.2 67.0 10.0 29.3 17.3 112.6 154.03 10.0 28.6 16.1 104.0 154.46 15.2 14.4 228 25.6 15.5 84.7 14.0 78.3 1736 2,728 2.6 1831 11,079 17127 14.1 30.8 18.8 120.7 155.50 110.9 158.56 182.90 102.1 181.08 45539 540,801 396,052 206 187 189,865 144,749 44756 543,563 398,313 205510 192,803 145,250 44228 534,052 397,453 206702 190751 136,599 43462 532,107 400,292 213,516 186,776 131,815 44910 525,624 392,341 211801 180,540 133,283 '9.1 '34.6 23.4 '202 145.4 160.90 '123.4 '163.98 '25.4 216.6 182.20 43,947 43,770 529,699 '528,124 394,731 '403,556 213,350 221,093 181,381 182,483 134,968 124,568 535,802 403,157 221,310 181,847 132,645 534,541 397,940 216,797 181,143 136,601 17.6 95.6 178.92 134.0 157.94 15.3 '36.5 151.7 189.87 14.2 27.9 18.5 181.53 14.3 35.5 21.2 '2,476 '14,758 '173.38 '18.3 '59.1 '39.8 '213.4 '186.28 17.0 28.2 178.06 49.4 11.6 30.3 17.6 '3.9 183.74 20.0 41.6 28.8 53.4 39.5 1780 4,014 3.8 2,673 15,909 173.91 9.3 32.9 21.0 129.7 162.04 19.4 133.8 43.0 231.1 185.88 6. FINANCE BANKING [Millions of dollars] Open market paper outstanding, end of period: Bankers' acceptances Commercial and financial company paper, total Financial companies Dealer placed Directly placed Nonfinancial companies Loans of the Farm Credit System: f Total, end of period ; . Long-term real estate loans Short-term and intermediate-term loans Loans to cooperatives 54771 557,811 420,398 221 362 119036 137413 43770 '528,124 '403,556 221 093 '182463 124568 52831 565,941 421,749 P991RQ 199580 144192 48795 561,923 415,705 225990 189715 146218 47086 553204 401,510 214 036 187474 151 694 46438 542,315 393,918 206500 187418 148397 51,262 29255 11,389 10,618 51,079 29152 11,190 10,737 50,849 29072 10474 11,304 51 172 29416 10673 11 083 Federal Reserve banks, condition, end of period: Assets, total # 327,573 353,061 325,016 315,305 318,978 317,879 318,604 320,401 319,763 321,636 333,357 329,519 353,061 333,129 330,347 335,971 Reserve bank credit outstanding, total # Loans U.S. Government securities Gold certificate account 262,002 190 252103 11,058 289,394 218 281,831 11,059 260,090 506 251,404 11,058 250,069 244 240,965 11,058 251,848 291 244,493 11,058 254,985 206 248,111 11,057 256,813 1,479 248,446 11,062 258,636 574 250,978 11,062 261,991 844 254,959 11,062 264,528 315 258,554 11,062 274,061 153 267,675 11,059 271,992 106 265,213 11,058 289,394 218 281,831 11,059 272,481 112 266,148 11,058 271,536 62 265,423 11,058 274,013 52 267,601 11,057 327,573 353,061 325,016 315,305 318,978 317,879 318,604 320,401 319,763 321,636 333,357 329,519 353,061 333,129 330,347 335,971 Deposits, total Member-bank reserve balances Federal Reserve notes in circulation 48,228 38,658 267,657 49,783 29,413 287,906 46,505 22,109 265,915 35,405 24,067 267,391 36,330 22,081 267,445 33,263 26223 271,019 34,460 22,202 272,000 34,228 27,871 272,962 31,200 23,962 275,210 36,000 27,404 273,809 44,061 25,513 276,792 34,129 27,246 282,027 49,783 29,413 287,906 40,595 29,195 280,117 36,659 30,688 281,605 36.952 29,480 283,383 All member banks of Federal Reserve System, averages of daily figures: 0 Reserves held total Required Excess Borrowings from Federal Reserve banks Free reserves 59150 57456 1,665 55,532 54553 48,551 46743 1,809 48,586 47408 1,179 50,301 49271 1,030 49,063 48033 1,029 50,407 49399 1,008 50,660 49754 50,607 49521 1,086 51,127 50198 51,584 50,501 1,083 53,057 52,165 55,532 54,553 56,282 55,252 1,030 241 991 231 885 303 814 340 676 261 834 979 192 788 '55,238 54,174 '1,065 252 892 108 786 55,812 54,809 1,003 77 2,971 906 607 345 91 941 Liabilities, total # 764 622 929 645 586 211,579 171,652 6,626 1,727 18,020 216,086 174,760 6,609 1,299 18,887 218,221 173,948 7,304 1,610 19,243 221,790 177,964 6,984 1,634 20,553 244,247 194,355 8,342 3,397 22,503 255,000 204,158 8,845 2,158 23,508 230,582 182,976 7,792 1,787 20,130 233,222 184,674 8,026 1,771 22,077 236,975 188,976 8,059 1,535 21,004 88,425 792,527 757,146 90,002 791,441 756,847 89,716 784,509 750,959 91,751 780,087 748,624 96,188 777,657 746,642 101,757 788,004 758,036 99,453 780,392 749,284 100,503 778,947 746,634 102,383 774,935 744,372 1,362 979 192 788 Large commercial banks reporting to Federal Reserve System, last Wed. of mo.: Deposits: Demand, total # Individuals, partnerships, and corporations States and political subdivisions U.S. Government Depository institutions in U S 278,721 218,263 9,315 4,831 28334 255,000 204,158 8,845 2,158 23,508 216,608 173,674 6,787 1,627 17,995 218,174 173,616 6,942 1,662 18,984 214,429 170,191 7,119 3,362 18,319 225,187 178,770 6,411 1,401 22,864 219,504 175,648 7,132 1,602 19,573 Transaction balances other than demand deposits Nontransaction balances total Individuals, partnerships, and corporations 91 138 797701 762,580 101,757 788004 758,036 84,413 798,314 760,759 86,607 797,660 760,265 88,311 791,541 754,812 86,718 792,717 754,706 87,272 788,263 751,858 1,072,019 321,314 13,129 24,462 398753 21,054 293,307 1,027,027 294,246 14,817 23,123 402,887 17,876 274,078 238,932 282,554 247,513 249,302 250,366 250,457 253,286 253,879 259,765 263,841 276,532 279,824 282,554 284,194 288,374 293,551 177,816 167790 61.116 225,344 206,837 57,210 186,969 172729 60,544 189,308 176,704 59,994 191,684 177,868 58,682 192,765 179,583 57,692 195,194 180,073 58,092 197,169 182,252 56,710 203,357 186,968 56,408 207,410 189,404 56,431 220,133 201,209 56,399 223,497 203,402 56,327 225,344 206,837 57,210 228,768 208,104 55,426 233,951 212,090 54,423 239,304 215,998 54,247 Loans and leases(adjusted),total § Commercial and industrial For purchasing and carrying securities To nonbank depository and other financial Real estate loans To States and political subdivisions Other loans Investments, total U.S. Treasury and government agency securities total Investment account Other securities See footnotes at end of tables. 326 1,048,748 1,048,489 1,047,474 1,041,535 1,039,347 1,020,070 1,015,162 1,015,986 1,008,330 1,007,962 1,027,027 312,354 308,751 294,246 297,275 295,727 294,318 298,898 316,851 302,509 320,763 319,601 14,817 14,351 13,767 13,917 11,463 14,315 12,672 13,725 12,982 12,979 15,143 23,032 21,694 23,123 22,205 22,655 21,987 22,529 22,632 21,670 22,519 21,928 402,887 395,619 404,774 396,067 404,012 396,910 396,960 401,912 403,664 399,870 400,812 17,866 17,876 18,091 20,534 19,910 19,199 18,578 18,343 20,802 20,402 18,719 264,474 262,776 262,191 274,078 268,525 270,813 265,839 269,042 270,828 271,650 268,709 233 771 '990 1,015,587 1,013,644 1,015,170 288,696 288,876 289,163 14,104 13,371 14,197 22,022 21,832 22,499 402,432 400,247 400,945 17,221 17,167 17,345 270,988 271,399 271,897 SURVEY OF CURRENT BUSINESS S-14 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-B8 | 1992 1991 Annual 1990 1991 Feb. Mar. Apr. May June July Aug. | Sept. Oct. | Nov. | Dec. Jan. | Feb. | Mar. 6. FINANCE-Continued BANKlNG-Continued [Billions of dollars] Commercial bank credit, seas, adj.: § Total loans and securities 0 U S Government securities Other securities Total loans and leases 0 2,723.6 4542 175.6 2,093.8 [Percent] Money and interest rates: Prime rate charged by banks on short-term business loans Discount rate (New York Federal Reserve Bank) @ Federal intermediate credit bank loans Home mortgage rates (conventional 1st mortgages): New home purchase (U.S. avg.) Existing home purchase (U.S. avg.) Open market rates, New York City: Bankers' acceptances, 3-month Commercial paper, 6-month $ Finance co. paper placed directly, 6-mo Yield on U.S. Gov. securities (taxable): 3-month bills (rate on new issue) 2,836.0 5625 178.5 2,095.0 2,747.3 4607 178.3 2,108.3 27599 4708 27639 4782 2765.7 1785 1775 2,110.6 2,108.3 176.9 2,104.8 4841 2,774.6 4939 1762 2,104.6 27764 5037 175.3 2,097.4 27894 5234 28051 5384 1758 1771 2,091.1 2,090.2 2,089.6 27783 5132 1740 2821.6 5505 177.6 2,093.4 28360 5625 1785 2,095.0 28435 5642 179.0 2,1002 28446 5687 179.1 2,096.7 2,851.13 5768 176.15 2,098.4 10.01 8.46 9.05 900 9.00 850 8.50 8.50 850 820 8.00 7.58 721 6.50 6.50 6.50 6.98 5.45 6.00 6.00 5.98 5.50 5.50 5.50 5.50 5.20 5.00 4.58 4.11 3.50 3.50 3.50 9.68 9.73 9.01 9.04 9.28 9.49 9.16 9.26 924 924 9.26 9.23 9.18 9.12 9.12 9.12 9.19 9.10 9.00 8.93 8.78 8.78 8.38 8.43 8.28 825 8.17 8.02 8.29 8.15 7.93 7.95 7.53 5.70 5.85 5.60 6.36 6.41 6.14 6.24 6.36 6.20 5.92 6.07 5.91 5.75 5.94 5.72 5.94 6.16 5.75 5.89 6.14 5.81 5.54 5.76 5.50 5.38 5.59 5.34 5.21 5.33 5.12 4.85 4.93 4.76 4.42 4.49 4.31 3.97 4.06 3.95 4.00 4.13 3.96 4.19 4.38 4.15 5.420 5950 5910 5670 5510 5.600 5580 5.390 5250 5.030 4.600 4.120 3.840 3.840 4.050 748,300 743,548 729,264 725,462 727,907 727'j '17 728,023 727,754 731,531 732,184 730,722 732,256 743,548 "733,256 725,774 347466 137450 92,911 43,552 45616 4822 76483 340930 129,566 92,779 43,130 36014 4,362 96767 339 282 133,021 91,131 38,864 43875 4,404 78687 335754 131,552 90,772 38,497 42491 4,296 82100 336,425 133,462 91,413 37,817 41707 4,357 82726 334746 134,045 91,549 36,782 40764 4,507 85324 333,442 133,903 91,924 36,702 39827 4,591 87634 334,273 134,120 92,017 36,392 39,012 4,712 87228 335 662 135,509 92,843 37,296 37893 4,857 87471 335509 132,471 93,305 37,281 37036 4,753 91829 335258 131,778 92,746 37,359 37,424 4,529 91 628 334,904 130,679 92,373 38,651 36,987 4,388 94274 340,930 "335,983 129,566 126,677 92,779 "91,922 43,130 40,580 36,014 "35,153 4,362 4,377 96767 "98,564 331,317 127,281 91,471 39,108 34,510 4,151 97,936 284,813 232370 20666 210,451 268,284 247519 18,877 208,868 279,913 220714 20,362 208,275 277,798 221 400 20,030 206,234 277,508 222,627 20,052 207,720 275,582 224301 19,721 208,113 275,018 225,596 19,875 207,534 274,222 226,145 19,639 207,748 274,190 229,224 19,468 208,649 273,354 231,281 18,996 208,553 272,092 231,862 19,026 207,742 268,927 235,675 19,021 208,633 268,284 "266,888 247,519 "239,019 18,877 "18,808 208,868 "208,541 265,183 235,033 18,460 207,098 2 2 . . 7510 CONSUMER INSTALLMENT CREDIT t [Millions of dollars] Not seasonally adjusted: Total outstanding (end of period) # By major holder: Commercial banks Finance companies Credit unions Retailers Savings institutions Gasoline companies * Pools of securitized assets tt By major credit type: Automobile * Revolving * Mobile home * Other * Seasonally adjusted: Total outstanding (end of period) # By major credit type: Automobile Revolving Mobile home Other * . . Total net change (during period) # By major credit type: Automobile Revolving Mobile home Other * . . . 732,762 732,442 733,621 732,289 730,591 729,962 729,108 729,152 730,317 730,147 729,420 "729,473 729,274 282,626 221 556 20200 208,379 280,689 224817 20123 206,813 279,746 225994 20098 207,782 1,179 276,494 227301 19796 208,697 -1,332 274,496 227737 19,907 208,451 -1,698 273,565 228,199 19,615 208,582 271,906 229453 19,495 208,253 267,909 234,504 19,116 207,891 -170 -727 "268,256 "234,816 "18,649 "207,752 "53 267,780 236,001 18,292 207,202 -854 270,013 233,661 18,943 207,700 1,165 268,123 234,666 19,059 208,300 -629 270,219 232,070 18,892 207,971 44 -3,252 1,307 -1,998 436 111 -931 -1,659 1,254 -1,687 2.617 -206 -214 -162 -120 -329 -603 -282 -1,890 1,005 116 600 -200 -320 -1,120 1,968 -1,937 -943 3261 1,177 -25 969 -259 -791 -77 -1,566 -302 915 -246 462 -292 131 1.591 51 -271 57 -409 -199 "347 '312 1,185 "-467 "-139 -357 -550 -476 FEDERAL GOVERNMENT FINANCE [Millions of dollars] Federal receipts and outlays: Receipts (net) Outlays (net) Total surplus or deficit (-) Federal financing, total Borrowing from the public Other Gross amount of debt outstanding Held bv the oublic Federal receipts by source and outlays by agency: Receipts (net) total Individual income taxes (net) Corporation income taxes (net) Social insurance taxes and contributions (net) Other Outlays (net) total Agriculture Department Defense Department, military Health and Human Services Department Treasury Department National Aeronautics and Space Administration Veterans Affairs Department ct 72,917 73,194 103,662 62,056 104,091 63,560 103,389 78,593 76,426 109,345 78,068 67,657 1,031 ,374 '1,054,261 64,805 140,380 119,742 "110,817 122,279 116,232 114,082 117,748 106,199 93,848 105,978 110,371 116,926 105,968 119,424 120,075 683 '1,323,751 -6,887 -36,014 -44,555 "-2,537 -15,650 "-48,761 -49,362 -2,579 ^10,831 -43,649 30,009 -53,367 -220,460 '-269,492 -26,191 -41,173 r c 2,537 49,362 15,650 "48,761 6,887 44,555 53,367 36,014 43,649 2,579 40,831 41,173 -30,009 '269,492 26,191 '220,460 11.44E 25,641 20,936 50,138 22,825 34,434 32,574 40,657 41,742 27,970 10,715 <= '263 384 '293,239 34,611 -9,913 -9,399 c -27,821 -4,253 776 -11,604 21,141 -19,826 20,181 -6,357 4,681 8,255 -10,079 20,732 8,531 -50,758 '25,303 '6098 cl 3,651,127 3,681,196 3,736276 3,743,534 3,762,074 3,811,671 3,088,71 6 '3,489,997 3,488,624 3,491,694 3,470,530 3,522,261 3,562,942 3,597,294 3,636,298 "3,598,919 4 cl 2 351 085 '2,628,699 2,634,626 2,624,714 2,615,217 2,656,959 2,667,674 2,702,107 2,734,682 2,687,859 2,727,824 2,753,465 2,776290 2,788,596 2,809,534 2,859,672 c '1 251 ct cl 1,031 ,374 '1,054,261 '467,243 '467,649 cl 93,506 '98,086 67,657 27,929 2,495 64,805 11,288 12,807 140,380 77,768 13,296 63,560 20,005 2,032 103,389 44,517 16,540 78,593 38,403 1,770 76,426 34,560 1,306 109,345 47,979 18,580 78,068 39,332 1,171 73,194 31,987 1,516 103,662 41,722 21,719 104,091 60,451 2,992 62,056 22,213 1,220 72,917 19,503 11,742 c 29,872 7,361 93,848 3,145 24,940 39,162 18,754 33045 7,665 105,978 5,051 14,852 39,555 19,860 42,478 6,838 110,371 5,208 20,841 41,445 17,714 34,546 6,977 34,758 7,574 34,042 8,317 116,232 3,525 21,006 39,616 16,044 28,435 9,132 114,082 6,376 22,765 42,710 17,457 117,748 5,926 24,780 44,655 21,486 30,996 9,225 106,199 5,761 23,094 43,576 49,929 32,282 31,832 6,342 8,765 119,742 "110,817 4,372 3,906 23,262 24,806 43,595 44,126 20,185 18,296 34,237 7,434 105,968 3,818 21,090 42,792 47,297 31,504 9,056 120,075 3,085 27,065 43,271 19,136 31,502 8,189 116,926 5,061 24,091 43,040 22,821 30,360 8,061 119,424 4,029 23,066 41,897 16,646 122,279 194 22,109 43,303 21,375 c '396010 '97,581 90670 1251 683 '1,323751 c '54,120 '46013 '299,196 *c '289,773 '438,678 '483,936 c '254,597 '276,887 '380 047 c/ cl c '12429 28999 '13878 '31,214 1 063 2,576 1 139 2,716 1220 1235 3,184 3,668 1,030 1,164 1,089 2,654 3,659 1,148 1,313 1,251 3,048 1,194 4,039 1,308 2,614 1,035 2,445 1,044 3,114 1,294 1,804 11,061 384.08 11,059 362.04 11,058 363.83 11,058 363.34 11,058 358.39 11,057 356.82 11,062 366.72 11,062 367.51 11,062 356.23 11,062 348.79 11,059 358.68 11,058 359.53 11,057 361.06 11,058 354.45 353'89 344"34 4.819 4.040 3.723 3.960 3.970 4.040 4.390 4.300 3.940 4.030 4.100 4.060 3.910 4.120 4.140 4.100 c/ 1201 GOLD AND SILVER: Gold: Monetary stock, U.S. (end of period), mil. $ . Price at New York, dot. per troy 02. ** Silver: Price at New York, dot. per troy oz. $t See footnotes at end of tables. SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Feb. | 1991 Apr. | May Mar. June | July | S-15 1992 1991 Annual 1990 April 1992 • Aug. | Sept. Oct. | Nov. | Dec. Jan. | Feb. | Mar. 6. FINANCE-Continued MONETARY STATISTICS [Billions of dollars] Currency in circulation (end of period) Money stock measures and components (averages of dailyfigures):t Measures (not seasonally adjusted): M1 M2 M3 L (M3 plus other liquid assets) Components (not seasonally adjusted): Currency Demand deposits Other checkable deposits ++ Overnight HP's and Eurodollars 0 General purpose and broker/dealer money market funds Money market deposit accounts Savings deposits Small time deposits {§> Large time deposits @ Measures (seasonally adjusted): M2 M3 L (M3 plus other liquid assets) Components (seasonally adjusted): Currency Demand deposits Other checkable deposits i* Savings deposits Small time deposits @ Large time deposits @ .. 287.0 307.7 812.0 3,298.3 4,092.8 4,932.2 860.4 3,402.7 4,160.5 4,985.8 823.4 3,358.3 4,150.8 5,003.5 835.0 3,388.4 4,171.6 5,011.5 853.0 3,410.4 4,182.6 4,990.5 841.7 3,388.7 4,156.9 4,943.3 858.1 3,408.0 4,165.2 4,974.4 862.3 3,410.5 4,158.6 4,982.9 864.5 3,409.0 4,160.0 4,979.5 235.5 277.6 291.0 81.2 259.5 280.1 312.8 69.5 252.6 268.0 294.9 70.4 255.6 270.1 301.6 692 256.0 277.7 311.8 257.4 271.7 304.9 259.1 279.9 311.0 260.8 280.9 312.1 262.0 278.8 315.1 69.6 68.4 362.9 () 980.0 1,129.9 471.9 365.9 373.8 373.0 365.1 333.2 501.1 911.3 1,160.5 525.5 286.7 3 4 67.9 64.9 67.3 1,158.4 486.1 1,147.7 485.0 4u 836.2 3,369.4 4,160.2 5,008.6 842.3 3,386.9 4,165.9 5,004.2 842.7 3,394.4 4,168.4 4,978.0 850.9 3,405.6 4,170.5 4,958.3 857.3 3,411.8 4,167.7 4,986.4 860.0 3,407.4 4,157.3 4,991.3 866.5 3,409.5 4,156.6 4,985.0 254.6 275.9 297.5 ^931.0 1,169.5 499.6 256.0 276.9 301.3 941.7 1,165.9 492.8 256.3 276.1 302.5 953.0 1,159.4 487.7 256.6 278.4 307.8 J 966.1 1,150.9 483.5 257.6 280.1 311.6 *976.8 1,140.6 478.3 259.3 279.3 313.7 *986.1 1,129.5 261.3 280.1 317.3 ^994.1 1,120.8 465.5 3 3 263.1 283.7 320.6 266.3 291.1 328.8 66.4 69.5 73.3 270.0 303.0 '336.6 75.7 930.4 3,473.8 4,193.5 269.5 296.3 '343.0 '76.8 271.1 302.0 349.6 267.8 300.0 342.4 '772 73.1 *990.9 1,1292 470.8 1,166.6 493.5 AM 261.7 278.6 318.7 '916.6 '918.1 '3,4562 '3,462.4 '4,180.7 '4,189.4 '5,002.2 5,009.3 366.9 357.4 368.8 358.1 358.6 359.5 (3) (3) 3 3 3 3 •M.101.1 1,028.5 " 1,055.6 "1,0785 1,01 3.3 "1,038.7 1,001.0 1,120.0 1,110.3 '1,097.1 '1,080.1 '1,063.4 '1,045.9 '1,021.7 1,002.3 '419.3 413.6 4502 435.5 '424.8 441.9 467.8 460.5 1,172.5 498.0 #3.7 3077 867.4 875.5 893.9 917.3 3,403.7 '3,412.8 '3,434.4 '3,453.2 4,144.9 '4,149.7 '4,169.3 '4,1822 4,965.1 '4,967.4 '4,997.8 '5,008.8 360.7 364.2 (3) •»981.1 1,136.7 479.9 4e, . . 293.4 291.5 363.3 4712 358.7 0» 872.0 3,411.5 4,152.6 4,974.2 3 891.4 '8982 880.9 '3,417.4 '3,4312 '3,439.4 '4,158.9 '4,167.1 '4,171.5 '4,977.6 '4,990.4 '4,988.6 '910.4 '930.8 '3,4482 '3,475.1 '4,175.6 '4,199.9 '4,984.1 5,016.0 271.6 269.4 266.0 267.3 264.8 262.9 '305.0 289.5 293.8 283.8 287.6 280.6 329.7 3332 '346.1 338.9 324.5 320.6 3 J 1,002.4 1,01 5.0 * 1,028.7 " 1,042.6 1,061 .3 "1,084.3 1,111.0 '1,0952 '1,0792 '1,063.0 '1,042.6 '1,0192 '420.6 '437.1 4422 427.8 450.0 458.5 938.6 3,473.2 4,188.4 3 271.9 309.6 349.1 1,098.6 1,001.9 413.1 PROFITS AND DIVIDENDS (QTRLY.) [Millions of dollars] Manufacturing corps. (Bureau of the Census): Net profits after taxes all manufacturing Food and kindred products Textile mill products Paper and allied products Chemicals and allied products Petroleum and coal products Stone clay and glass products Primary nonferrous metal Primary iron and steel Fabricated metal products Machinery (except electrical) Electrical and electronic equipment Transportation equipment (except motor vehicles and equipment) Motor vehicles and eouipment All other manufacturing industries Dividends paid (cash) all manufacturing 111,319 16,074 429 4,817 23,412 17,967 -916 2,516 583 4,638 11,205 6,409 68,888 19,552 877 2,322 21,004 11,047 -1,718 918 -1,445 3,508 -2,408 4,740 5,065 -552 19,756 62,197 2,694 -7,607 15,404 59,852 127,933 34,693 171,181 43,137 "18,292 4992 '22,965 '5,160 202 792 5,363 2,591 103 355 -51 '1,505 90 '2,214 r -15 868 5,242 4,889 ' -542 467 -259 '501 ::: -1,238 1,873 '223 882 '5,807 1,606 264 274 15 '1 116 '93 '-1288 '2,550 14,613 -220 4,592 1,961 -1,543 -178 -1,150 386 -1,353 1,941 208 -2,659 2,711 15,766 '55 -1 678 '5,699 '1 491 -1,294 '4444 '14,867 940 1976 9,132 3,969 467 '18,499 '5,431 '14,606 SECURITIES ISSUED [Millions of dollars] Securities and Exchange Commission: Estimated gross proceeds total By type of security: Common stock Preferred stock By type of issuer: Manufacturing Extractive Public utility State and municipal issues (Bond Buyer): Long-term Short-term 11,962 2,329 11,158 1,981 28,210 28,860 P) 8050 19,285 7,190 19,435 Pi 11,995 2,033 15,279 1,950 16,402 9,252 13,075 3,826 17,893 7,508 13,859 1,236 13,905 1,137 66.9 68.1 69.0 69.5 71.4 19,005 2,364 18,826 2,019 13,991 632 13,960 3,060 SECURITY MARKETS [Millions of dollars, unless otherwise indicated] Stock Market Customer Financing Margin credit at broker-dealers, end of year or month Free credit balances at brokers, end of year or month: ay w/ Bonds Prices: Standard & Poor's Corporation, domestic municipal (15 bonds), dol. per $100 bond Sales: New York Stock Exchange, exclusive of some stoooed sales, face value, total See footnotes at end of tables. 66.0 68.8 69.0 10.892.70 12,698.11 1,689.18 67.3 1.248.14 67.1 1,094.59 68.0 1,002.50 854.25 889.76 924.05 880.40 1,104.51 71.0 899.00 71.1 1,037.61 73.0 1,274.73 77.1 1,251.32 70.6 1,124.58 SURVEY OF CURRENT BUSINESS S-16 • April 2992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, i96i-88 1991 Annual 1990 | 1991 Feb. Mar. | Apr. | May | June | July 1992 Aug. Sept. Oct. Nov. Dec. Jan. | Feb. | Mar. 6. FINANCE-Continued Bonds—Continued [Percent] Yields: Domestic corporate (Moody's) By rating: Aaa Aa . A Baa By group: Industrials Public utilities . .. Railroads Domestic municipal: Bond Buyer (20 bonds) Standard & Poor's Corp. (15 bonds) U.S. Treasury bonds, taxable $ 977 923 936 943 933 932 945 942 916 903 899 893 875 864 875 881 932 956 982 1036 877 905 930 980 883 916 938 893 921 950 1007 886 912 929 994 886 915 941 986 901 928 955 996 900 925 951 989 875 899 926 965 861 886 9 11 951 855 883 908 949 848 878 901 945 831 861 882 926 820 851 872 9 13 829 869 823 923 835 873 889 925 9.77 976 9.25 9.41 921 931 947 939 935 930 934 929 946 944 942 940 916 9 16 902 903 898 899 893 893 874 876 861 867 873 877 877 884 731 690 701 714 7.25 7.45 6.90 7.07 701 705 697 695 713 709 700 703 685 689 673 680 669 659 678 664 658 663 665 641 674 667 77B 7.93 8.74 8.16 8.12 1009 8.38 829 833 854 8.50 817 796 788 783 758 7.48 C Stocks Prices: Dow Jones averages (65 stocks) Industrial (30 stocks) Public utility (15 stocks) Transportation (20 stocks) Standard & Poor's Corporation, 1941-43=10 unless otherwise indicated: § Combined index (500 Stocks) Industrial, total (400 Stocks) # Capital goods Consumer goods Utilities (40 Stocks) Transportation (20 Stocks), 1982=100 Railroads Financial (40 Stocks), 1970=10 (sdbcategories in 1941-43=10) Money center banks Major regional banks Property-Casualty Insurance N.Y. Stock Exchange common stock indexes, 12/31/65=50: Composite Industrial Transportation Utility Finance NASDAQ over-the-counter price indexes: Composite 2/5/71=100 Industrial Insurance Bank NASDAQ/NMS composite, 7/10/84=100 Industrial Yields (Standard & Poor's Corp.), percent. Composite (500 stocks) 0 Industrials (400 stocks) Utilities (40 stocks) Transportation (20 stocks) Financial (40 stocks) Preferred stocks 10 high-grade Sales: Total on all registered exchanges (SEC): Market value mil $ Shares sold millions On New York Stock Exchange: Market value mil $ Shares sold (cleared or settled) millions New York Stock Exchange: Exclusive of odd-lot stock sales (sales effected) millions NASDAQ over-the-counter: Market value, mil. $ Shares sold millions Shares listed, NYSE, end of period: Market value, all fisted shares, bil. $ Number of shares listed, millions 965.24 267894 211 53 1 040 24 1 048.27 292932 21032 1 17022 334.59 390.88 28247 433.92 14016 254.32 202.85 376.17 445.81 300.66 544.04 141 95 288.54 248.19 362.26 427.94 30918 504.43 14319 270.36 218.40 372.28 441.87 30868 528.29 14284 267.91 214.22 379.68 450.17 30643 546.89 14313 273.89 222.37 37799 450.05 30267 543.40 13866 284.72 23356 26.12 8550 9553 34256 29.69 9036 114.67 37958 27.75 8299 99.77 391 74 2864 81 17 10297 39493 3027 8843 109.72 41025 2981 9036 114.71 38337 183.46 22578 158.62 9060 13326 205.48 257.09 173.97 9226 15018 197.75 246.74 166.06 9208 141 03 203.56 25536 166.26 9229 14541 207.71 260.14 166.89 9292 15263 206.93 260.13 170.76 9075 151 31 40921 43057 471 43 31903 179.36 170.17 491 56 549.48 53565 31934 217.09 218.25 44259 491.45 50923 291 19 19623 197.17 46910 527.06 53217 30359 207.51 210.74 49632 558.44 56243 32516 219.21 ???97 361 316 324 282 335 293 326 284 5.91 5.95 2.30 5.84 5.88 2.50 256 482 896 1022.63 1 034.12 1,043.14 1049.29 1 062 35 1 060.65 1 069.71 1 06744 1 08794 1 082.22 1 077.52 286304 2 920 1 1 292553 2 928 42 296813 297818 3 006 08 301035 301973 298612 295864 213.69 213.15 214.36 211 18 20462 199.64 20442 20803 21354 21667 21927 1 11026 1 11324 1 13905 1 16755 1 205 08 1 204 56 1 204 66 1 18239 1 283 07 1 237 09 1 233 31 369 247 402 8.17 8.46 37829 450.87 30936 540.25 13573 296.23 24613 388.51 458.00 290.14 596.37 148.81 312.73 291.18 416.08 493.37 320.61 632.83 149.70 340.35 302.20 412.56 490.89 322.78 630.66 143.06 348.31 304.54 407.36 484.86 317.67 62124 139.45 346.73 298.38 3121 9272 127.76 39232 34.36 105.13 141.08 412.66 34.34 110.59 145.83 401.84 3429 108.84 145.11 391.26 213.25 264.88 188.52 9677 159.77 204.11 253.42 176.84 9338 152.42 229.33 286.62 201.55 99.30 174.49 228.11 286.09 205.52 96.17 174.04 22521 282.35 204.09 94.15 173.49 528.92 593.57 53188 337.82 23323 236.18 536.58 604.36 55699 328.83 236.64 240.47 544.10 617.10 561 .90 326.63 240.48 234.99 615.73 707.59 617.22 368.12 272.66 301.41 632.05 723.85 624.69 385.75 279.32 289.05 619.60 701.75 617.56 393.51 273.67 280.00 315 273 314 274 315 275 311 273 290 296 5.95 2.19 5.87 2.07 3.38 7.93 5.80 2.09 5.71 2.08 328 321 7.81 7.62 2.55 5.72 2.00 2.92 7.54 2.59 6.03 1.90 2.84 7.54 157,817 380.23 453.38 30625 547.98 13775 294.32 247.47 38940 46326 30928 576.51 14088 295.57 258.97 38720 459.11 30357 567.52 14284 295.12 264.41 386.88 457.39 30065 564.88 14454 314.42 290.59 3018 29.89 9436 11800 38404 31.48 9894 129.37 36958 31.43 9757 125.96 36016 3127 9910 3122 9641 116.79 38798 126.29 361 93 125.65 37683 207.31 261 16 177.04 8900 15231 20829 262.48 177.15 9005 151.59 213.33 268.21 178.51 9238 157.69 212.54 26621 177.99 157.68 213.09 265.68 195.74 9524 158.94 49093 545.97 55437 32981 216.55 217.43 49038 545.84 54664 32937 216.34 217.40 489.34 544.01 541 50 324.18 215.87 216.61 51325 570.78 54298 339.54 226.77 227.68 520.56 582.35 53878 342.02 229.72 231.95 319 277 323 279 323 279 320 276 310 267 5.88 2.42 6.09 2.33 6.23 6.11 224 368 826 5.99 2.19 345 348 8.15 8.03 7.81 381 357 371 8.55 8.43 8.21 9189 226 370 9371 1 611 667 53338 1 776 305 58031 165070 5550 168715 5574 159472 5205 149994 4677 138210 4286 134,465 4353 156,668 4923 127,651 4085 152,760 1,389084 43826 1,531,813 47674 142,066 145,301 4543 137,534 4247 128,620 3852 120,260 3548 116,659 133,673 4010 110,065 3346 132,782 3610 4610 1,16627 1 17423 1,169.58 322706 325727 3 247 41 21572 20684 20438 1 378 73 141223 1408S8 4971 4127 385.92 454.97 294.10 568.32 14666 315.86 293.12 5071 136,256 4175 154,862 5,391 213,054 6,915 177,051 5,507 133,722 182,510 5440 152,516 4434 4351 39665 45267 4273 3900 4,011 3,742 3,259 3,458 3,773 3247 4,085 3,727 4,156 5,268 4,292 4,082 377,468 27894 693,854 41,264 56,767 3,313 55,754 3,585 66,434 4,114 55,906 3,378 46,976 2,854 50,781 3,098 57,699 3,346 55,614 3,233 72,688 4,078 64,967 3,708 64,893 3,632 108,835 5,509 79,986 4,264 73,400 4,045 2,819.78 90,732 3,712.84 99,622 3,137.60 91,096 3,209.91 3,229.47 3,360.17 94,204 91,851 93,579 3,216.19 94,821 3,381.44 96,174 3,455.05 96,221 3,400.30 96,519 3,470.09 97,412 3,352.40 98,683 3,712.84 99,622 3,664.00 3,71828 100,117 101,214 3,654.92 102,450 7. FOREIGN TRADE OF THE UNITED STATES VALUE OF EXPORTS [Millions of dollars] Exports (mdse.), incl. reexports, total @ Seasonally adjusted t Western Europe European Economic Community Belgium and Luxembourg France Federal Republic of Germany Italy Netherlands . . . . . . United Kingdom Eastern Europe . . . . USSR (former) See footnotes at end of tables. 7.64 393 893.4 421,850.7 1129746 98 026 8 10,448.3 136522 2 18 693 3 79873 130158 234841 42626 3.087.7 1187233 103208.5 10,790.8 15365.4 21 3165 8 578.5 13528.1 220634 4 785.5 3.577.6 32,682.8 335994 95177 8 3072 970.1 13207 1 6530 6644 1 169.9 1 6682 478.4 388.5 36,797.0 36,110.4 36,135.6 35,573.1 33,506.7 33,583.6 340307 35 632.1 352712 349746 35 227.1 34,380.0 1 1 837 0 108828 100878 97862 8984.9 8 626.4 10,134.9 9,383.3 8,753.7 8,620.7 7,9562 7,514.3 863.7 792.7 904.2 918.0 1,110.2 979.3 1,1152 15675 1 3914 1217.3 1 180.5 1,238.1 1 9192 22934 1 7795 1 7885 1 9409 1 511 6 580.3 570.9 8420 7207 788.3 787.5 888.4 929.9 1,212.9 1,124.7 1,355.9 982.8 22263 1 9149 1 8580 1 9977 1 579.1 17272 278.7 321.7 6082 248.2 433.8 2608 203.7 233.8 504.6 304.3 155.3 117.0 34,508.3 37,922.8 36,580.8 35,063.1 r" 34,468.8 36,785.1 35,347.8 37,113.5 36,938.5 35,887.1 35,4062 37,814.6 9,562.0 10,791.5 9201.0 101822 9 978.0 10178.0 8,542.9 9,373.7 7,927.5 8,828.1 8,678.3 8,784.4 832.4 832.7 766.7 8792 7482 869.1 1,423.7 1,188.1 1 ,302.1 1,176.1 1,285.6 1,326.6 1,962.4 1,765.9 1 6256 1 621 8 1 7403 1 791 7 740.0 924.4 772.9 752.2 624.0 682.5 1,523.1 1,163.9 861.3 1,364.0 1,275.3 1,275.5 1,794.6 1,903.0 1,628.6 2,161.0 1,753.5 1,697.6 502.1 4152 362.1 593.6 494.0 419.6 4 299.6 268.4 393.3 324.8 503.0 357.3 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as Shown in BUSINESS STATISTICS, 1961-88 Annual 1990 April 1992 • 1991 Feb. 1991 Mar. | Apr. May | June | July S-17 1992 Aug. | Sept. | Oct. Nov. Dec. Jan. Feb. Mar. 7. FOREIGN TRADE OF THE UNITED STATES-Continued VALUE OF EXPORTS-Continued [Millions of dollars] Exports (mdse.), incl. reexports—Continued Western Hemisphere: Canada 0 Brazil Mexico Venezuela Asia: China .... Hona Kona Japan Republic of Korea . . . - . Saudi Arabia Sinaaoore vr jyvifyviv r,, ,,, ., ,,, ,, ,., Taiwan Africa: Nigeria Republic of South Africa Australia OPEC Exports of U.S. merchandise, total @ By commodity groups and principal commodities: Agricultural products total . . . Nonagricultural products, total 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 class, chiefly by material Miscellaneous manufactured articles Machinery and transport equipment, total Motor vehicles and parts 83,865.5 5,061.9 28,375.3 3,107.2 85,102.5 6,154.1 33,275.6 4,6682 6,369.5 388.3 2,355.6 315.0 7,085.4 421.3 2,346.8 358.9 7,604.0 460.6 2,763.9 399.0 7,679.1 495.4 2,843.8 401.7 7,451.4 465.7 2,866.4 424.5 6,473.6 537.8 2,922.9 416.4 6,763.6 619.7 2,842.8 370.3 7,445.6 693.4 2,740.2 407.6 8,282.5 488.8 3,223.5 442.9 7,044.8 617.2 3,060.2 450.7 6,124.9 617.6 2,908.8 385.0 6,949.2 443.2 3,071.8 357.4 6,999.6 460.3 3,200.1 3902 4,807.2 6,840.6 48,584.8 14,398.7 4,034.8 8,019.1 11,482.3 6,286.8 8,140.5 48,146.5 15,518.4 6,572.2 8,807.8 13,191.1 486.3 590.9 4,263.0 1,231.0 392.7 776.7 1,0202 472.9 629.7 4,240.5 1,352.0 627.6 847.1 1,037.0 437.5 748.0 3,907.9 1,244.2 582.7 656.7 987.8 630.9 645.8 4,255.9 1,365.7 507.3 810.7 1,069.2 505.8 610.4 3,958.8 1,173.5 492.2 914.4 1,183.8 538.5 580.6 3,851.3 1,281.6 4972 666.1 1,171.3 560.1 788.7 4,020.8 1,163.0 482.2 592.8 1205.8 470.8 757.4 3,661.7 1,256.4 628.9 648.4 1,120.3 570.9 644.4 4,217.0 1,265.1 566.2 692.3 997.8 621.5 745.0 4,348.1 1,403.1 609.7 705.4 1,144.8 580.6 683.8 3,602.0 1,321.1 676.0 703.2 1,237.5 5032 629.8 3,660.8 1,473.4 647.7 648.3 1,029.7 470.5 658.9 4,417.0 1,202.5 621.1 676.0 1,141.1 551.5 1,732.4 832.9 2,086.3 51.1 58.9 85.7 63.4 170.8 602 161.1 54.5 134.3 152.6 270.3 145.2 682 173.8 170.0 1052 67.4 97.9 64.7 67.0 142.1 158.5 148.8 135.2 100.6 134.1 8,534.7 8,416.2 706.5 592.3 599.1 581.5 739.1 756.7 726.8 767.0 861.4 806.9 675.4 607.3 607.0 13,678.7 19,083.5 1,254.1 1,594.2 1,594.1 1,572.8 1,5432 1,636.9 1,448.4 1,740.1 1,777.0 1,780.1 1,861.3 1,838.0 1,789.7 375,454.2 400,839.1 31,138.8 34,782.4 34,433.1 34,398.6 33,869.6 31,887.0 31,9062 32,700.4 35,972.8 34,654.6 33,333.0 32,766.9 35,000.6 3,330.1 32,258.7 2,693.4 601.6 1,9782 979.4 3,754.1 3,182.6 4,009.0 16,845.9 2,7872 3,954.7 31,2432 2,864.3 561.6 2,230.8 1,007.5 117.7 3,408.8 2,905.0 3,761.1 16,916.5 2,555.6 3,839.7 29,729.7 2,642.0 494.5 2,328.9 1,054.4 103.4 3,291.9 2,682.1 3,627.3 15,833.5 2,123.7 3,592.0 29,305.8 2,442.1 454.3 2,217.9 1,000.8 118:9 3,594.1 2,946.5 3,709.4 14,823.6 1,997.0 3,786.4 31,2142 2,959.7 509.3 2,260.5 864.1 122.7 3,466.9 2,895.1 3,822.1 16,713.6 2,543.5 40,750.3 " 39,867.2 41,886.3 "41,355.4 39,064.5 41,197.5 7,867.6 6,666.0 301.9 1,076.7 2,000.4 861.1 362.9 1,511.7 8,163.2 6,900.7 381.3 1,082.9 2,027.6 877.5 367.7 1,538.2 197.5 100.2 129.5 r 2,788.0 28,910.1 2,476.8 498.3 1,817.7 956.0 3,439.7 3,059.7 3,683.3 16,732.9 2,569.4 2,866.5 29,035.9 2,462.4 451.8 1,861.8 970.6 126.8 3,455.2 2,960.6 3,519.4 14,702.8 1,993.8 3,469.5 3,065.0 3,498.3 14,302.7 1,988.9 2,803.0 29,972.6 2,435.5 451.7 1,711.9 892.8 110.6 3,320.3 2,975.0 3,657.3 15,8772 2,530.0 40,121.2 40,061.5 39,434.5 38,763.7 41,282.6 41,176.3 41,023.6 40,910.1 41,505.7 42282.1 46,512.5 43,433.9 41,858.0 41,109.1 8,775.4 7,371.4 397.8 1,161.9 2,304.2 934.9 381.8 1,567.4 8,767.7 7,387.0 365.9 1,064.5 2,183.1 962.4 407.1 1,701.1 8,053.1 6,751.9 300.5 1,150.8 1,917.1 968.3 335.1 1,476.0 8,999.1 7,750.6 421.7 1,318.1 2,153.5 1,134.7 4322 1,602.6 7,917.9 6,866.2 217.3 1,028.4 1,975.6 1,064.3 503.6 1,475.4 7,921.7 6,520.9 300.0 1,018.5 1,963.1 755.9 378.2 1,510.0 9,659.6 8,094.5 445.8 1,153.3 2,460.5 1,055.9 534.0 1,687.0 8,263.7 6,930.9 339.7 1,003.9 2,217.6 992.8 365.3 1,421.6 9,066.6 7,620.4 312.6 1,262.7 2,395.5 1,009.0 450.3 1,568.7 207.7 118.9 137.2 165.6 95.7 159.8 115.3 160.3 131.5 165.9 56.6 82.3 23.9 82.7 38.2 78.1 47.5 67.4 6,875.6 553.8 2,236.6 563.6 7,498.0 438.6 2,412.3 633.1 7,892.8 696.7 2,682.4 5982 8,036.5 540.3 2,639.9 690.8 7,893.1 510.0 2,569.5 592.3 6,914.1 585.9 2,473.1 787.1 7,480.0 528.7 2,660.4 646.9 7,718.8 494.8 2,683.5 739.3 8,592.8 518.3 3,161.2 670.6 7,972.1 649.7 2,787.4 741.3 7,040.2 536.8 2,408.1 658.9 7,137.5 622.9 2,493.0 571.9 7,688.3 626.3 2,6152 534.9 18,975.8 9,286.4 91,582.7 17,024.5 10,9782 9,976.3 23,036.3 1,259.7 616.7 7,4222 1,177.9 870.5 690.7 1,695.3 974.3 541.1 7,815.5 1,233.2 850.5 797.5 1,525.0 1,106.6 596.7 7,255.2 1,313.7 832.3 782.3 1,708.7 1,374.3 680.2 6,687.7 1,424.4 1,082.7 736.3 1,820.7 1,528.3 736.7 7,190.0 1,370.6 8332 895.9 1,876.5 1,815.3 909.6 7,648.7 1,624.7 8322 797.3 2,065.2 1,867.3 855.0 7,757.4 1,486.9 1,029.0 793.6 2,113.9 1,932.3 886.0 7,8442 1,4432 939.8 918.3 2,149.0 22222 1,038.8 8,855.3 1,571.1 885.0 937.6 2,211.9 1,961.8 875.7 7,761.3 1,459.6 805.1 9052 1,985.5 1,608.6 743.4 8,063.8 1,417.9 815.2 926.3 2,006.7 1,903.8 843.1 7,477.4 1,368.3 896.7 859.1 2,015.7 1,703.9 637.4 7,383.5 1,181.3 764.1 708.3 1,785.0 5,360.1 1,733.3 422.1 144.5 507.7 149.0 4602 161.9 482.9 174.8 476.1 149.5 501.7 153.1 504.5 137.0 380.0 116.4 456.4 152.5 394.5 107.9 305.5 116.6 340.6 116.7 142.9 119.7 3,030.1 31,402.6 2285.9 619.2 2,237.3 1,066.5 3,923.4 2,914.0 3,659.8 16,176.6 2,310.5 3,084.5 31271.6 2,303.3 549.9 2,197.8 732.4 107.1 3,848.4 3,108.9 3,625.0 16,419.4 2,571.6 3,913.6 3,146.8 3,644.9 16,066.9 2,696.9 37,015.5 39,103.4 38,6702 38,100.4 39,529.0 40,139.1 102,596.5 86,480.9 4,138.7 13,372.1 26,229.3 11,787.4 4,827.0 18,519.6 8,154.5 6,891.5 323.8 1,027.0 2,215.8 973.1 334.8 1,4272 8,6572 7,316.4 364.1 1,116.7 2,369.9 974.4 3862 1,523.6 2,275.2 1,065.4 1,809.8 812.9 141.3 91,372.1 7,976.4 30,172.3 9,446.4 91,141.1 6,726.8 31,194.3 8228.4 15,223.8 9,488.0 89,655.1 18,493.3 9,974.3 9,839.4 22,666.8 5,9772 1,700.6 38,783.4 341,914.0 29,280.0 7,118.6 26,984.9 12,174.8 1,190.6 38,983.3 31,670.3 39,285.3 172,521.9 26,656.3 38,462.7 362,379.8 29,555.0 6,750.3 25,462.0 12,033.2 1,147.1 42,966.7 35,566.0 43,162.2 187,359.9 28,175.1 3,434.9 27,687.3 2,538.6 646.6 2,358.1 1,304.7 3,591.6 2,753.6 3,209.3 13,216.5 1,880.0 494,903.2 488,055.4 108,901.1 91,867.5 4,578.5 13,124.0 ^28,108.7 12,723.3 4,971.9 20,288.2 75.6 3,580.1 31,164.5 2,621.6 649.0 2,469.5 938.4 86.8 77.1 2,586.4 31,159.8 2,104.7 461.1 1,980.8 924.8 67.8 99.3 87.4 VALUE OF IMPORTS [Millions of dollars] General imports total @ Seasonally adjusted t Western Europe European Economic Community Belgium and Luxembourg France Federal Republic of Germany Italy Netherlands . United Kingdom Eastern Europe USSR (former) Western Hemisphere: Canada Brazil Mexico Venezuela Asia: China Hona Kona japan Republic of Korea Saudi Arabia Sinaaoore ii ,y " Taiwan Africa: Nigeria . . . Republic of South Africa Australia OPEC By commodity groups and principal commodities: Petroleum and products Nonpetroleum products 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 class, chiefly by material Miscellaneous manufactured articles Machinery and transport equipment Motor vehicles and parts 66.2 1742 84.4 4 44.6 4,441.7 4,010.0 289.0 288.8 336.8 343.0 397.5 340.5 337.4 380.6 311.1 304.2 285.5 364.6 263.7 38,017.0 32,960.6 2,580.0 2,563.7 2,573.8 2,945.7 2,572.6 2,718.3 2,858.1 2,781.9 2,901.6 2,634.5 2,532.5 2,573.1 2,155.2 61,356.8 433,902.6 21,932.5 4,633.1 14,524.0 64,561.5 802.3 22,468.2 59,914.2 81,477.6 208,095.7 69,382.1 21,952.3 4,822.6 13,079.0 54,342.7 856.7 24,168.7 57,418.9 83,389.6 210,786.5 67,525.4 1,754.2 298.2 1,038.5 4,072.0 1,885.5 336.0 1,040.1 4,057.2 1,9982 386.8 1,157.4 4,340.1 1,952.8 416.2 1,132.3 4,926.6 1,862.6 368.8 1,120.6 4,337.4 1,724.6 394.5 1,132.6 4,289.6 1,678.4 415.8 1,077.1 4,890.4 1,743.7 393.7 1,080.3 4,631.5 1,764.0 553.0 1,095.7 4,524.1 1,804.3 421.1 1,057.8 4,292.8 1,9002 453.1 1,0332 4,285.0 1,959.1 363.0 1,119.1 3,992.2 1,811.0 349.6 1,091.5 3,489.9 70.7 1,919.2 4,557.7 5,978.8 16,140.5 5,162.6 75.4 2,011.0 4,579.1 5,756.9 17,484.3 5,628.5 68.4 2,064.9 4,930.3 5,9022 17,5032 5,510.4 74.9 2,004.8 4,876.5 6,198.7 16,741.0 5,286.6 69.0 1,952.7 4,552.0 6,598.8 17,157.6 5,427.0 76.4 62.4 71.3 81.9 72.4 1,870.3 4,725.5 7,551.2 18,287.3 6,079.4 2,075.0 5,140.3 7,933.5 17,185.5 4,980.5 1,918.4 4,590.0 7,525.5 17,489.0 5,622.0 1,937.5 4,6382 7,716.8 17,852.8 5,718.5 2,250.0 5,357.3 8,962.1 20,455.4 6,981.7 -3,861.4 -7,775.9 -3,789.1 -5,9492 -7,440.0 -6,530.1 -6,997.4 -6,934.3 -8,589.7 -5,2772 -6,320.4 -4,170.6 -5.69 33.01 38.70 -6.10 32.33 38.43 -6.32 33.19 39.51 70.1 2,202.1 4,501.4 6,919.8 18,233.3 5,768.3 70.6 2,243.3 4,731.3 7,051.2 16,953.4 5,431.0 65.4 2,150.9 4,463.6 6,757.8 ••"••"••"•'" 17,199.4 5,523.4 MERCHANDISE TRADE BALANCE * [Millions of dollars] Trade balance: Not seasonally adjusted Seasonally adjusted [Billions of 1987 dollars] Seasonally adjusted: Trade balance Exports Imports See footnotes at end of tables. -101,718.2 -85.24 366.80 452.04 -4,332.7 -1,8732 -3,418.6 -3,985.6 -5,504.0 -4,069.7 -4,507.0 -4,790.3 -4.47 31.07 35.53 -3.33 31.55 34.89 -4.02 33.04 37.05 -4.37 32.82 3720 -3.62 32.60 36.22 5.45 34.74 40.19 -3.42 34.64 38.05 -5,6872 " -5,398.4 -2,279.4 -5,9992 " -5,949.2 -3,382.9 -5.20 33.77 38.97 '-5.26 '33.47 " 38.73 -3.03 35.57 38.60 SURVEY OF CURRENT BUSINESS S-18 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual 1992 1991 1990 | 1991 Feb. Mar. Apr. May June | July | Aug. Sept. | Oct. | Nov. | Dec. Jan. | Feb. | Mar. 7. FOREIGN TRADE OF THE UNITED STATES-Continued Export and Import Price Indexes * [1985=100] All exports Agricultural exports Nonagricultural exports All imports Petroleum imports Nonpetroleum imports Shipping Weight and Value Waterborne trade: Exports (incl. reexports): Shipping weight thous metric tons Value, mil $ . . . General imports: Shipping weight thous. metric tons Value mil $ 1138 108.8 114.9 1147 1070 116.1 1152 1063 1169 1151 1065 1167 123.2 133.7 124.6 1245 874 1295 762 131 6 1148 1081 1160 1147 1079 1160 1139 1038 1157 1143 1071 1155 1142 1058 1156 1150 1095 1159 1151 1092 1161 1144 1063 1158 1139 1052 1154 1147 1084 116.0 1235 121 6 71 9 1305 1220 1223 1233 1238 1233 122.9 123.3 727 727 1304 1307 1314 131 7 1323 1233 1224 1325 1329 1320 131 7 131 1 28757 33299 33234 36101 13163 32972 12866 32171 14061 29658 12657 32275 13861 12658 14178 13770 35172 14302 37168 41 880 38454 41 033 41 121 21 545 21876 21 875 23556 23503 40052 23269 37975 25775 34168 22866 37,444 22987 3808 61 7 4,958 3378 584 4,479 3748 625 4,798 2766 477 123 2498 444 120 28.12 398 166 1042 507 43 880 488 49 935 427 60 766 698 675 806 772 150,737 389562 162346 33395 13474 32963 14232 495,239 283392 448,852 272286 31002 20615 32371 20668 372 052 1151 1078 1164 762 757 732 748 688 726 658 1331 657 1335 8. TRANSPORTATION AND COMMUNICATION TRANSPORTATION Air Carriers Certificated route carriers: Passenger-miles (revenue) billions Passenger-load factor percent Ton-miles (revenue) total millions Operating revenues (quarterly) mil $ § Passenger revenues mil $ Cargo revenues, mil. $ Mail revenues mil $ Operating expenses (quarterly) mil $ § Net income after taxes (quarterly) mil $ § Domestic operations: Passenger-miles (revenue) billions Cargo ton-miles millions Mail ton-miles millions Operating revenues (quarterly) mil $ § Operating expenses (quarterly) mil $ § Net income after taxes (quarterly) mil $ § International operations: Passenger-miles (revenue) billions Cargo ton-miles millions Mail ton-miles millions Operating revenues (quarterly) mil $ § Operation expenses (Quarterly) mil $ § Net income after taxes (quarterly) mil $ § " 457 93 624 '58342 44780 626 56889 2852 562 3700 75967 58426 5,435 970 77881 -3994 " 340 23 r 5075 ^1489 33241 4946 1 411 2325 349 95 11770 5471 r 513 2716 399 112 3520 632 4451 3747 634 4729 11539 5259 493 17976 18878 4403 680 5426 4675 71 2 5728 3694 612 4702 20013 15638 1,421 217 19689 3305 439 115 2576 418 104 14360 14144 1370 11 18 446 39 5653 5545 32 -135 2780 419 115 2958 424 108 14289 14069 166 3163 783 397 37 967 410 39 11 26 446 39 4729 4853 191 1241 713 423 39 4012 4649 -554 5101 2737 387 110 -747 527 372 32 4084 667 19019 14458 1,311 224 18921 356 13506 14254 57991 59004 -3440 r 3428 598 4402 17518 12873 1,277 229 18903 -1 339 -592 412 106 -168 466 38 458 42 Urban Transit Industry r Passengers carried total millions tt Motor Carriers Carriers of property, large, class I, qtrly.: Number of reporting carriers number Operating revenues total mil $ Net income, after extraordinary and prior period 8671 8484 100 21810 100 22091 442 172 Tonnage hauled (revenue), common and contract carrier service mil tons Freight carried—volume indexes, class I and II intercity truck tonnage (ATA): Common carriers of general freight, seas, adj., 1967-100** Class 1 Railroads $ Financial operations, quarterly (AAR), excluding Amtrak: Operating revenues total mil $ # Freight mil $ Passsnger excl Amtrak mil $ Operating expenses mil $ Net railway operating income mil $ Ordinary income mil $ t Traffic: Revenue ton-miles qtrly (AAR) billions Producer Price Index, line haul operations, 12/ 84- 100 Travel Lodging industry: Restaurant sales index same month 1967-100 Hotels' Average room sale dollars 0 Rooms occupied % of totdl Motor hotels* Average room sale dollars 0 Rooms occupied % of total Economy hotels1 Average room sale dollafs 0 Rooms occupied % of total Foreign travel: U S citizens' Arrivals (quarterly) thousands Departures (quarterly) thousands Aliens' Arrivals (quarterly) thousands Departures (quarterly) thousands Passports issued thousands National Darks, recreation visits, thousands ## See footnotes at end of tables. 174.8 1 1 r r r 676 '668 r 674 r 681 100 5,840 100 5,777 314 8 118 143 58 178 42 46 45 47 182.1 174.8 180.2 1692 176.8 109.3 108.9 2 1 2 1 978 959 -876 2 3376 56.683 790 198 1.731 2 2 189.5 1882 24 7,093 6870 24 380 430 6,659 155 76 6,763 253 148 2542 251.7 266.0 109.5 109.5 2 188.0 6617 6188 1 0345 1762 6,842 6778 6554 23 7 19 505 19 022 16 908 ' 15 024 3689 56.948 732 100 5,446 '24736 /2676 M953 1075 r 100 5,030 94 1 0340 723 758 28 516 27 616 1 r r 698 1328 1286 1230 2 966 268 2.146 2 2 2 189.6 189.4 r r 185.0 r 267.0 2 194.4 196.0 78.3 2 104.5 2 83.8 109.6 109.5 109.6 109.3 109.2 109.3 109.4 109.4 109.3 109.5 109.8 335 4.870 329 7.546 315 10.437 249 10.405 249 6.579 293 4.857 359 2.062 204 248 275 340 1.570 1362 1334 1 198 2 1 091 351 3.012 SURVEY OF CURRENT BUSINESS Arinual Unless otherwise stated in footnotes below, data in BUSINESS STATISTICS, 1961-88 1990 April 1992 • 1992 1991 1991 Mar. Feb. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. 8. TRANSF'ORTATIONANCICOMMIJNICATION-Continued COMMUNICATION Telephone carriers: Operating revenues mil 5# Station revenues, mil. $ Tolls message mil $ Operating expenses (excluding taxes) mil $ .. . . Net operating income (after taxes), mil. $ Access lines millions . 9. CHEMICALS AND ALLIED PRODUCTS CHEMICALS Inorganic Chemicals [Thousands of short tons, unless otherwise indicated] Production: Aluminum sulfate commercial (17% Ak03) Chlorine gas (100% CI2) Hydrochloric acid (100% HCI) Phosphorus elemental Sodium hydroxide (100% NaOH) Sodium silicate anhydrous Sodium sulfate (100% Na2S04) Sodium tripolyphosphate (100% NasPsOio) Titanium dioxide (composite and pure) 1227 11810 3,013 Sulfur, native (Frasch) and recovered: Production, thous. metric tons Stocks (producers') end of period, thous. metric tons 6 278 "2795 6 668 1 180 11 324 2799 346 312 12030 12197 879 786 532 993 768 1077 1 093 319 283 2268 2,247 299 2715 638 80 2946 211 171 118 269 6 6 90 3013 «216 *236 *132 <?272 739 70 728 72 3,089 3129 243 180 P) 10,262 9,494 769 806 776 813 800 837 1,422 1237 1,521 1,581 1,474 1,425 1,481 1,460 16958 7,107 2495 7749 2853 12,175 44281 17020 7,310 2230 7524 3137 12342 43308 18887 19418 r r 223 173 P) 273 778 771 760 754 1,257 1,470 1,415 1,302 279 r 791 ' 1,499 818 749 1,186 1,208 680 406 Inorganic Fertilizer Materials [Thousands of short tons, unless otherwise indicated] Production: Ammonia synthetic anhydrous * Ammonium nitrate, original solution ± Ammonium sulfate $ Nitric acid (100% HN03) $ Nitrogen solutions (100% N) $ Phosphoric acid (100% P20S) * Sulfuric acid (100% H2S04) ± Superphosphate and other phosphate fertilizers (gross weight): 738 689 5700 5460 5207 147840 749 525 462 293 4567 141 844 786 727 471 216 '128 1 124 3 2 908 5 2865 1 3 622 2 1 426 7 1 1261 /29137 2981 '39253 '3963 Stocks end of period Potash sales (K20) M.245 4419 4212 1,902 tf 558 "1977 5 807 <*3,036 6 10 778 1,903 592 1,735 537 6 4813 tf 692 414 829 743 3,119 11 025 10610 735 620 227 4903 4889 4813 740 4,144 1,770 543 1,804 758 3,139 10,895 1807 1936 3,048 tf 327 236 686 346 687 388 304 689 454 Imports: Ammonium nitrate thous metric tons Ammonium sulfate thous metric tons Potassium chloride thous metric tons Sodium nitrate thous metric tons Industrial Gases [Millions of cubic feet] Production: Acetylene Hydrooen (hioh and low purity) Nitrogen (high and low purity) Oxygen (high and low purity) 1,132 1 109 1,187 "34826 197977 "119221 36261 196735 118,588 34981 195,905 116,404 35,776 196,110 117,003 (5) 318 6442 797 839.8 967 (5) 210 7048 71 6 1,107.3 *1 139 6 Organic Chemicals § [Thousands of metric tons, unless otherwise indicated] Production: Acetylsalicylic acid (aspirin) Ethyl acetate Formaldehyde (37% HCHOJ Glycerin refined all grades mil Ib Methanol synthetic Phthalic anhydride 1 M94 5 (5) 327 741 6 96.5 5.7 29.9 779.5 77.6 69.2 982.6 995.6 99.9 103.3 ALCOHOL Ethyl alcohol and spirits: Production mil tax oal Stocks end of period mil tax oal 1 1073 368 Denatured alcohol: Production mil wine pal P P. ' ? . '' i ' Stocks, end of'oeriod. mil. wine aal. See footnotes at end of tables. " 5949 6457 2979 17.2 1 1988 ' 37 4 926 499 101 1 545 6649 7027 3546 503 654 375 8.8 22.2 996 570 902 532 918 534 58.7 49.6 512 493 226 548 587 320 529 581 268 569 607 327 519 530 307 562 770 31 2 25.5 25.4 23.8 19.8 11.2 12.1 1003 1012 S-19 1000 36.3 583 601 328 9.6 1069 32.6 101 9 111.4 36.2 37.4 59.6 55.6 62.3 481 203 569 31 5 9.1 612 10.3 33.0 8.8 Mar. SURVEY OF CURRENT BUSINESS S-20 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1951-88 Annual 1990 1991 1991 Feb. | Mar. | Apr. | May | 1992 June July | Aug. Sept. Oct. | Nov. | Dec. Jan. | 9. CHEMICALS AND ALLIED PRODUCTS-Continued PLASTICS AND RESIN MATERIALS [Thousands of metric tons] Production: Phenolic resins Polyethylene and copolymers Polypropylene Polystyrene and copolymers Polyvinyl chloride and copolymers 2 943.8 8,550.5 3,524 7 2 4,624.1 '4,112.9 1 1 '7,514.0 1 3 3972 1 3,977.4 2,028.7 8220 1908.6 8307 1,8253 8851 1 918.0 8592 941.7 1,079.8 1,0392 1,027.6 2,498 4 4 992.3 4 9600 '5462 31587 1,3892 1 0934 6761 31230 1,336.4 1 0935 6931 26112 935.5 1 0956 5801 PAINTS, VARNISH, AND LACQUER $ [Millions of dollars] Total shipments Architectural coatings Product coatings (OEM) .. Special purpose coatings . . 11,761.6 4,862.1 41105 27891 4 11,391 3 4,653.3 42425 24954 10. ELECTRIC POWER AND GAS ELECTRIC POWER [Millions of kilowatt-hours, unless otherwise indicated] Production: Electric utilities total By fuels By waterpower Sales to ultimate customers, total (Edison Electric Institute) Commercial § Industrial § Railways and railroads Residential or domestic Street and highway lighting Other public authorities Interdepartmental Revenue from sales to ultimate customers (Edison Electric Institute) mil $ '2808151 r 2r 528 225 279 926 2 821 569 2546095 275 475 2,667 321 734584 926161 5297 910296 14895 72,399 3689 2710674 749686 921 552 5420 938517 15204 76713 3582 663,388 177096 219440 1,436 242236 4147 18,224 649,177 182995 230832 1,324 210302 3543 19,338 745,612 209303 241 455 1,312 268941 3465 20,185 652,498 180292 2?9,8?5 1,348 217039 4,049 18,966 809 843 950 980 175503 183361 43315 43874 53094 43,078 210496 188579 21918 221 117 195297 25 820 208936 183249 25687 233991 205535 28457 248165 22? 33? 25832 271 492 247242 24250 267698 245954 21 744 233897 215511 18387 223180 205643 17537 221029 202 730 18299 r 233583 211,709 21 873 GASO Total utility gas, quarterly (American Gas Association): Customers end of period total thousands @ .. . Residential Commercial Industrial @ Other Sales to customers total tril Btu Residential Commercial Industrial Electric generation Other . .. . ....... Revenue from sales to customers total mil $ Residential Commercial Industrial Electric generation Other 54388 49912 4261 167 48 9846 4394 2192 1 997 1075 188 44672 24658 10462 6064 2889 598 11. FOOD AND KINDRED PRODUCTS; TOBACCO ALCOHOLIC BEVERAGES Beer: Production, mil. bbl. Taxable withdrawals mil bbl Stocks end of period mil bbl Distilled spirits (total): Production mil tax gal Consumption, apparent, for beverage purposes mil wine gal Stocks end of period mil tax gal Imports mil proof liters Whisky: Production mil tax gal Stocks end of period mil tax gal Imports mil proof liters Wines and distilling materials: Effervescent wines: Production mil wine gal Taxable withdrawals mil wine gal Stocks end of period mil wine gal Imports mil liters Still wines: Production mil wine gal Taxable withdrawals mil wine gal Stocks end of period mil wine gal Imports mil liters Distilling materials produced at wineries, mil. wine oal. .. See footnotes at end of tables. 203.65 18451 1268 c 202.19 18099 1264 15.17 1311 1411 16.08 1440 1415 17.23 1482 1501 18.90 1677 1491 19.16 1693 1499 19.88 1788 1496 18.63 1739 1427 16.11 1451 1403 16.65 1513 1375 14.47 1342 1323 13.64 1284 1264 11834 1089 1027 1047 876 762 640 359 793 1443 852 909 374.41 42249 21.96 43761 26.06 431 71 28.36 44406 28.79 43577 28.77 44008 29.10 44196 2825 43874 26.80 42230 30.70 43739 43752 40210 7991 371 60 782 685 730 547 38242 37335 4.60 38276 495 37040 4.69 38275 238 37719 37944 36758 6.66 37575 5.06 37533 7.31 34187 2635 2550 231 72 121 92 1760 1 12 1.08 2048 1 10 1.43 1856 1964 42715 41725 576 36 336 454 418 323 2698 53026 31 93 51516 3401 52256 2.75 108.07 7.30 4.52 74 259 1.69 17.48 1.10 1881 3323 51821 1 68 3298 52402 3.36 1.15 13 191 287 163 259 288 2024 2046 141 934 30.16 39436 3129 41534 12830 3022 51866 423 32.35 3.39 15.65 1378 1329 Feb. | Mar. SURVEY OF CURRENT BUSINESS April 1992 • S-21 DAIRY PRODUCTS Butter: Production (factory) mil Ib. Stocks, cold storage, end of period, mil. Ib. Producer Price Index, 1982=100 Cheese: Production (factory), total, mil. Ib. American whole milk mil Ib Stocks, cold storage, end of period, mil. Ib. American whole milk mil Ib Imports thous metric tons Price, wholesale, Cheddar, single daisies (Chicago), $ per Ib. Condensed and evaporated milk: Production, case goods, mil. Ib. Stocks, manufacturers', case goods, end of period, mil ib Exports thous metric tons Fluid milk: Production on farms mil Ib. f Utilization in manufactured dairy products mil Ib Price, wholesale, U.S. average, $ per 100 Ib Dry milk: Production: Dry whole milk mil Ib Nonfat dry milk (human food), mil. Ib. Stocks, manufacturers', end of period: Dry whole milk mil Ib Nonfat dry milk (human food) mil. Ib. Exports, whole and nonfat (human food), thous. metric tons Price, manufacturers' average selling, nonfat dry milk (human food) $ per Ib 1 3022 416.1 1 3604 539.4 71.3 69.3 6,0612 28908 457.8 3472 6 006.3 27770 415.3 602.6 579.0 3178 1260 889 659.8 850 629.4 847 5972 1085 1301 1560 1320 646.7 983 662.7 1052 620.5 567.1 568.6 '630.3 67.1 67.3 67.3 68.1 70.4 70.4 70.4 74.0 543.0 '74.4 539.4 67.0 69.5 68.2 458.0 9994 475.1 3676 521.4 2500 492.4 3862 500.7 2369 510.3 4039 505.4 2352 521.5 489.9 2250 511.5 4029 493.7 2245 494.1 3922 476.5 2058 477.9 3740 507.9 221 6 429.3 3378 497.0 538.1 514.1 2455 438.8 3387 1263 5160 2475 512.1 4085 4138 2149 2461 409.0 415.3 3191 3178 60.9 495.9 2300 '445.9 '3480 46.9 472 50.6 46.5 49.1 45.1 48.3 44.0 46.0 41.0 46.2 46.3 45.5 347 845 860 906 1071 109.1 110.2 111.1 95.9 66.3 44.2 34.7 50.6 58.7 125683 90489 c 12.38 9922 11 084 8069 11.40 10918 11240 8236 11.40 10570 7804 11.40 10,472 7493 11.80 10,349 7328 12.30 9,927 6803 12.80 58.1 125772 89998 13.73 131 6 555.5 1337 522.1 1751 1149 876.6 879.0 11 2 114.6 61.0 85 948 893 9192 210113 7190 11.70 83 77.9 95 95.5 849 83 87.6 98 8107 13.00 71 101.4 93 95.1 88 78.6 70 99 69.8 63 11 6 56.8 6.1 11.0 44.5 5.6 13.40 9,926 6866 13.80 10,418 7653 13.80 12.5 48.9 10.1 54.1 81.7 10212 7185 6.4 6.0 9.4 8.5 10,684 8,161 13.50 10.3 80.2 7.0 656.3 61.0 415.1 3202 '10,230 11,097 '12.90 P 12.60 92 78.1 6.8 104 108 88.9 84.4 74.4 67.5 69.8 68.7 48.7 39.6 36.9 61.0 60.8 64.5 846 850 854 844 884 .895 .893 .966 .991 .993 .921 .932 GRAIN AND GRAIN PRODUCTS Exports (barley corn oats rye wheat) mil bu Barley: Production (crop estimate) mil metric tons Stocks (domestic), end of period, total, mil. metric tons On farms mil metric tons Off farms mil metric tons Exports including malt thous metric tons § Producer Price Index, No. 2 feed, Minneapolis, 1982=100 Corn: Production (crop estimate, grain only), mil. metric tons Stocks (domestic), end of period, total, mil. metric tons On farms mil metric tons Off farms mil metric tons Exports including meal and flour mil metric tons Producer Price Index, No. 2, Chicago, 1982*100 ..'. Oats: Production (crop estimate) mil metric tons . Stocks (domestic), end of period, total, mil. metric tons Off farms mil metric tons Producer Price Index, No. 2, Minneapolis, 1982-100 Rice: Production (crop estimate) mil metric tons Southern States mills: Receipts, rough, from producers, mil. Ib. Shipments from mills milled rice mil Ib Stocks, domestic, rough and cleaned (cleaned basis) end of period mil Ib Exports thous metric tons Producer Price Index, medium grain, milled, 1982=100 . ... Rye: Production (crop estimate) mil metric tons Producer Price Index, No. 2, Minneapolis, 1982- 100 Wheat: Production (crop estimate) total mil metric tons Winter wheat mil metric tons Stocks (domestic), end of period, total, mil. metric tons On farms mil metric tons Exports total includino flour mil metric tons Wheat onlv. mil. bu. ! See footnotes at end of tables. 2 7 2 6656 73341 7 2816 '77150 r7 4274 r7 2876 4592 2065 2527 117.0 108.3 112.8 201 53 7 17629 7 12380 7 5249 2 5.1 89 d 2278 5 1 203 6 1 075 ' 16615 7 10909 r7 5707 97.0 2 7.080 110.7 112.3 107.1 94.0 J 7150 '4274 r 2.876 96.6 101.9 113.4 117.0 4760 2.221 2.539 112.3 113.9 95.3 J 101.9 102.0 98.4 '16615 109.09 '57.07 3864 17.56 21.08 7600 *44 58 31 42 121 65 7784 4380 115.2 115.80 66.30 49.50 95.3 902 100.4 97.4 97.1 97.5 95.5 100.8 1022 108.9 6 70.4 71.1 74.5 76.3 78.5 79.2 93.6 91.1 2 2485 1 341 1 144 6 5 63.4 68.7 69.7 71.6 682 65.5 74.0 935 595 574 554 629 512 340 519 373 525 289 451 712 514 2,871 518 1,457 605 779 554 550 542 500 464 672 471 7 006 10,351 6942 10,150 2106 1904 1870 1 660 1 618 1,334 1,041 729 719 2,027 2277 2,089 1,904 1,788 1,177 102.4 110.2 105.8 110.3 113.4 116.2 117.1 114.5 108.9 109.5 109.6 '111.3 109.4 112.5 112.1 2 258 2 71 8 689 61.5 70.3 73.3 83.5 6614 248 718 665 2 74 47 19 20 25527 62 14 2 7 51 93 72Q77 731 15 115.1 3.520 ^2485 <*1 341 6 ^ 144 76.1 2 112.8 r 9579 5900 3.678 2948 1 067 '1881 4 189 86 7 100.9 2 4 87.9 85.0 2 53 91 2 16 56 23734 6743 "73929 71537 '72391 14 15 3800 1450 2350 1463 2215 1649 23.57 4 929 4 14 28 55.54 22.53 3300 "39.29 15.37 '23.91 4 24.10 7.50 16.61 112.4 SURVEY OF CURRENT BUSINESS S-22 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, i96i-88 1992 1991 Annual 1991 1990 Feb. Mar. Apr.) Ma, June July Aug. Sept. Oct. Nov. | Dec. Jan. | Feb. | Mar. 11. FOOD AND KINDRED PRODUCTS; TOBACCO-Continued GRAIN AND GRAIN PRODUCTS-Contlnued Wheat—Continued Producer Price Indexes: Hard red winter, No. 1, ord. protein (K.C.), 1982=100 Hard red spring, No. 1, ord. protein (Minn.), 1982=100 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 thous metric tons Producer Price Index 6/83=100 863 781 682 743 732 764 752 691 775 805 890 905 982 1055 1134 1066 91 1 821 737 777 79.1 80.5 79.0 73.0 795 84.1 927 932 101.8 107.4 117.5 112.3 359 639 6255 797589 346 431 6240 780458 29085 490 64502 27362 486 60428 30666 557 69259 30320 556 68553 27 285 r 502 61 780 27,468 507 62273 114.4 120.6 111.3 8051 1002 r 5294 29956 535 66522 30625 561 68686 8264 952 902 920 25849 469 58336 27673 498 62378 30036 543 67737 940 937 91 3 r r r 5,294 6,234 8429 930 29179 526 66389 941 963 1001 2233 2040 2363 r 975 1074 1958 1,982 POULTRY AND EGGS Poultry: Slaughter mil Ib Stocks, cold storage (frozen), end of period, total, mil lb .. Turkeys, mil. Ib. Price, in Georgia producing area, live broilers, $ per Ib 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 23740 24966 2,225 1,950 562 306 579 264 630 342 663 370 708 408 745 453 814 503 892 571 949 626 1,003 667 990 653 644 305 579 264 650 325 '681 310 .295 .280 .295 280 .300 .305 .315 .310 .310 .305 280 275 16.7 1859 1895 2120 2191 2006 2210 191 6 147 164 157 160 156 161 162 157 164 161 15 15 21 16 9 14 14 14 12 13 15 14 13 14 13 18 10 16 13 16 16 17 12 15 760 714 720 858 676 609 634 731 713 688 679 1 398 31,887 120 2,408 119 2,444 105 2,674 102 2,786 90 2,650 108 2,784 108 2,843 115 2,635 127 2,855 7986 9553 8141 81 24 9852 7867 9706 7453 9730 7225 9581 6734 9006 6918 9538 8974 7093 8860 6,469 7,044 7,320 6,948 6,133 6,557 7,098 7,177 5231 5192 5142 5483 5479 5574 51 11 4676 22.5 21.5 21.0 22.7 23.7 23.8 22.0 19.8 1886 21 16 354 697 391 .280 280 .285 16.4 15.4 16.8 20 20 25 19 28 20 .687 .739 .591 125 2,508 131 2,491 128 2,856 2,377 120 2,599 8,292 7,744 7,708 8,144 7,153 7,934 4351 3829 15.3 LIVESTOCK Cattle and calves: Slaughter (federally inspected): Calves thous animals . . . . . . . Cattle, thous. animals Prices, wholesale: Beef steers $ per 100 Ib Steers stocker and feeder $ per 100 Ib Calves' vealers (So St. Paul) dollars 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, avg. (San Angelo, TX), $ per WOlb * 1742 32,391 7889 9215 82,901 85,952 5472 22.5 20.9 5,469 5,504 5404 19.0 16.5 16.6 152 -16.1 501 449 471 469 422 481 546 436 443 388 431 4581 4967 5400 5445 5288 5542 5431 5325 5120 449 438 456 '111 MEATS Total meats (excluding lard): Production mil Ib Stocks, cold storage, end of period, mil. Ib. Exports (meats and meat preparations), thous. metric tons Imports (meats and meat preparations), thous. metric tons Beef and veal: Production total mil Ib . . Stocks, cold storage, end of period, mil. Ib. Exports thous metric tons Imports thous metric tons Price, wholesale, beef, fresh steer carcasses, choice (600-700 IDS )(Central U S ) $ per Ib Lamb and mutton: Production total mil. Ib. Stocks, cold storage, end of period, mil. Ib. Pork (excluding lard): Production total mil. Ib Stocks, cold storage, end of period, mil. Ib. '. Exports thous metric tons Imports thous metric tons Prices: Producer Price Index, hams and picnics, except canned, 12/88-100* Fresh loins, 8-14 Ib. average, wholesale (Omaha) $perlb * 38606 566 39584 662 2954 591 3081 602 3,285 644 3,291 611 3,060 599 3,253 590 3,425 578 3,308 593 3,708 633 3,324 650 3,284 662 3,622 708 3,088 r 3,376 724 22950 306 23223 292 1,720 277 1,745 283 1,895 272 1,970 241 1,894 254 2,018 279 2,099 265 1,964 282 2,142 303 1,839 313 1,809 292 2,067 336 1,732 1,876 321 357 8 362 6 30 10 36 8 29 7 30 8 25 8 28 7 27 6 29 c 32 6 29 7 31 6 31 7 28 32 8 15,299 234 16,000 311 1,204 281 1,300 289 1,361 341 1,291 333 1,140 312 1,207 278 1,299 282 1,316 281 1,534 300 1,456 308 1,444 311 1,524 341 1,329 "353 1,467 373 118.6 114.5 ' 115.8 114.1 104.6 104.7 105.6 372 344 1 1752 117.7 116.7 111.8 110.7 113.2 114.1 115.8 113.8 117.1 1 0913 1 1033 1 0481 1 2048 12349 12173 1 1754 1 0585 1 0087 691 '306 MISCELLANEOUS FOOD PRODUCTS Cocoa (cacao) beans, imports (including shells), thous metric tons Coffee: Imports total metric tons From Brazil metric tons US Import Price Index 1985=100 Fish: Stocks, cold storaae. end of oeriod. mil. Ib. See footnotes at end of tables. 593 546 343 384 577 290 267 549 275 308 312 532 343 349 378 52.4 383 394 384 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual 1990 | April 1992 • 1992 1991 1991 Feb. -H *»• May | June July S-23 Aug. | Sept. Oct. | Nov. 1142 1208 "1144 Dec. Jan. | Feb. Mar. 1125 1208 1124 1215 1126 1212 161.8 162.1 163.6 142.3 125.0 116.9 142.3 124.5 1172 145.5 126.2 119.9 11. FOOD AND KINDRED PRODUCTS; TOBACCO-Continued MISCELLANEOUS FOOD PRODUCTS-Continued Sugar: Exports, raw and refined, metric tons Imports, raw and refined, thous. metric tons Producer Price Indexes: Raw (cane), 1982=100 Refined, 1982=100 119.2 1227 113.7 121 8 1626 '1 660 3,674 3,744 1131 1232 1133 1229 1131 1220 1128 121 3 1135 121 3 1129 1214 1141 1214 1141 1212 1135 1208 M206 Tea, imports, metric tons TOBACCO Leaf: Production (crop estimate) mil Ib Stocks, dealers' and manufacturers', end of period, 1 mil. Ib. 3,458 3,075 Exports, incl scrap and stems metric tons Imports, incl. scrap and stems, metric tons Manufactured products: Consumption (withdrawals): Cigarettes (small): Tax-exempt, millions Taxable millions Cigars (large) taxable millions Exports, cigarettes millions 3,744 3,428 c 178742 523094 2233 193,778 516338 16652 39407 14689 47061 12793 40106 14,242 49266 13328 45849 13,686 44037 16,549 42337 20974 43430 18535 40464 15,542 57123 15,781 32744 2133 145 163 'l75 169 219 170 206 193 193 191 157 167.7 165.8 163.4 161.5 162.4 162.8 12. LEATHER AND PRODUCTS LEATHER Exports: Upper and lining leather thous sq ft Producer Price Index leather 1982-100 1776 1684 201 648 168633 1737 1726 1721 172.7 171 7 r LEATHER MANUFACTURES Footwear: Production total thous pairs Shoes, sandals, and play shoes, except athletic, thous pairs Slippers thous pairs Athletic thous pdirs Other footwear thous pairs 6 47 602 6 41 184 28 436 ^9473 33436 2482 135.8 120.9 113.4 141.0 124.0 115.2 M1859 40,773 r 28,537 8673 3563 6177 tf 4047 3405 38399 28,146 r 4076 d 543 895 29,1 26 r 9113 3620 r 525 519 Exports, thous. pairs Producer Price Indexes: Men's leather upper, dress and casual, 1982-100 Women's leather upper, 1982=100 Women's plastic upper 1982=100 . 140.3 122.3 110.7 140.3 123.8 113.4 141.0 124.0 113.6 141.4 124.1 115.6 141.4 124.2 116.9 141.4 124.6 116.8 141.7 124.7 116.8 3664 3808 141.7 124.7 116.8 140.8 124.7 116.9 '141.4 124.5 116.9 142.6 124.5 116.9 3,473 " 3,254 13. LUMBER AND PRODUCTS LUMBER-ALL TYPES* [Millions of board feet, unless otherwise indicated] National Forest Products Association: Production total Hardwoods Softwoods 2 2 2 Shipments total Hardwoods Softwood^ 2 46 083 r 43 976 10213 ' 33 763 r 43 860 3410 3661 3958 3837 3762 3682 3933 838 880 916 803 846 863 825 937 828 862 3078 2921 2,959 2818 2945 2,857 2,996 2,645 r 816 2823 2,438 2,939 3617 4037 4028 3764 3412 3926 3676 4012 3,477 ' 3,370 3,875 3301 843 894 2,527 2,981 4,710 4,616 4,603 649 447 653 667 713 725 504 610 668 655 778 590 688 692 651 564 479 675 675 651 138.0 143.0 146.3 161.8 711 791 855 876 761 775 890 813 966 808 2590 2826 3182 3152 3003 2637 3036 2863 3046 2,669 4734 4616 4949 4946 4849 4600 4699 4684 4793 4786 4741 8,749 8,489 829 556 722 707 840 865 607 803 814 829 797 586 737 818 748 680 532 700 734 714 579 475 673 636 751 709 443 707 741 717 695 445 678 693 702 705 465 710 685 727 125.7 129.9 144.4 167.0 161.6 131.7 139.2 137.3 35 981 r 3,801 810 2600 9844 34016 10102 2 Stocks (gross) mill end of period total Hardwoods Softwoods 54 638 29430 45159 r Exports total sawmill products Imports total sawmill products thous cubic meters SOFTWOODS [Millions of board feet, unless otherwise indicated] Douglas fir: Orders, new Orders unfilled end of period Production . ... Shipments Stocks (gross) mill end of period Exports total sawmill products thous cubic meters Sawed timber thous cubic meters Boards, planks, scantlings, etc., thous. cubic meters Producer Price Index, Douglas fir, dressed, 1982-100 See footnotes at end of tables. 452 504 8,751 8798 8,320 8437 772 655 643 434 656 646 825 138.0 139.4 128.0 r 166.1 SURVEY OF CURRENT BUSINESS S-24 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, i%i-88 Annual 1991 1991 1990 Feb. | Mar. | Apr. | May | June | 1992 July | Aug. Sept. | Oct. | Nov. | Dec. Jan. | Feb. | Mar. 13. LUMBER AND PRODUCTS-Continued SOFTWOODS-Contlnued [Millions of board feet, unless otherwise indicated] Southern pine: Orders, new Orders, unfilled, end of period Production Shipments Stocks (gross), mill and concentration yards, end of period Exports, total sawmill products, cubic meters Producer Price Index, southern pine, dressed, 1982=100 Western pine: Orders new Orders, unfilled, end of period Production Shipments Stocks (gross), mill end of period . Producer Price Index, other softwood, dressed, 1982=100 ' 12 827 697 '12911 1 12 763 r r 12 287 571 12 367 M2415 979 677 924 961 1 147 1 059 1 275 756 696 821 1 024 1065 1 102 1 124 1 071 1 146 968 690 909 641 1 113 1 070 1 169 1 003 666 678 648 1 123 1 021 l'l01 950 1 049 1 091 1 039 1 060 1 169 1204 671 992 972 r 740 1 387 571 758 903 r 849 1217 1253 r 2197 2134 2219 2177 2164 2080 2090 1973 2122 2102 2071 2084 2134 2125 111 0 111 0 1003 1036 1100 1108 1225 1245 1126 110 1 1093 M11 0 1140 1173 10582 9751 483 493 10452 10605 9750 1 211 1263 9741 1227 711 470 742 713 835 548 788 757 916 582 849 882 933 649 826 866 760 550 835 859 772 545 848 777 899 529 914 915 873 544 876 858 888 554 840 878 1 292 1 323 1 290 1 250 1 226 1 304 1 303 1 321 1 283 1303 1195 1223 15.8 1999 8.1 151 95 187 11.4 10.0 1426 1440 1322 1256 131 5 97 171 9.8 107 164 9.8 179 11 0 11 5 138 11.1 10.9 10.1 173 9.9 627 857 2 495 \ 723 1 1 1294 1284 r 1277 1337 748 537 762 765 715 493 706 759 859 578 755 774 712 523 775 767 1280 1227 1208 1216 1301 1361 1419 1560 165.0 HARDWOOD FLOORING [Millions of board feet] Oak: Orders unfilled, end of period Shipments Stocks (gross), mill, end of period 83 2053 10.0 7.7 131 180 8.9 131 186 8.4 15.0 15.8 16.3 18.2 18.2 166 8.0 161 7.7 191 7.6 163 7.7 194 7.8 606 585 486 668 1 427 973 4 447 676 3 427 779 3 362 917 4 14. METALS AND MANUFACTURES IRON AND STEEL [Thousands of short tons] Exports: Steel mill products Scrap Pig iron Imports: Steel mill products Scrap Pig iron Iron and Steel Scrap [Thousands of metric tons, unless otherwise indicated] Production Receipts net Consumption Stocks end of period Composite price, No. 1 heavy melting scrap: American Metal Market $ per metric ton Ore [Thousands of metric tons] Iron ore (operations in all U.S. districts): Mine production Shipments from mines Imports U.S. and foreign ores and ore agglomerates: Receipts at iron and steel plants Consumption at iron and steel plants Exports (domestic) Stocks total end of period At mines At furnace yards At U S docks Manganese (manganese content) general imports 598 772 1 252 1260 16 17 486 851 1 368 863 1 595 862 1 17162 1,424 15,741 1291 1231 1571 1 367 1080 383 479 92 70 87 48 83 56 102 11 89 15 1 599 1 ggg 2991 4303 12765 6,346 10301 1,183 23083 39624 63705 3989 10546 56408 57010 18054 73797 73681 65133 63658 3 199 15910 2273 17611 2981 1,395 2 1,032 114 30 101 39 1,152 105 25 1,230 123 52 1,312 1,325 1,576 98 43 108 33 83 4 8480 84.32 84.32 6065 5,739 6232 2897 5,776 1 672 1 754 1 713 3333 4924 3862 r 5108 4035 2957 4763 3907 r 4102 2972 4836 3970 1 697 3 143 r 2999 10074 9723 9624 9328 8756 8581 8879 9022 8912 4274 4135 1897 4754 5264 4,846 5678 5,070 5548 4,218 5,210 5328 5506 4,844 5963 4,582 1 585 397 503 834 1485 1,369 1,395 1,180 1,367 1 831 2615 6380 5083 6765 6617 5296 5096 4830 6624 4475 4971 5,514 5,564 7075 5579 401 541 445 356 109 723 21 316 11 421 20757 21 756 10078 10067 24329 8305 14,098 1 098 1 611 1 838 1,765 1 926 2,150 17,030 2,455 17,611 1 402 25148 7096 15,768 2284 25117 8,749 23174 9604 11,732 23319 10910 8493 2,981 14,843 2,553 4,047 3867 3,830 3573 3,885 3,830 3609 4,179 4,121 3961 4,175 4,251 4,300 4,338 4,390 3960 3,989 157 166 2 9182 11 174 1862 4679 1 4718 8510 13,044 1724 3170 4996 r 3831 1,132 84 69 1 776 1 701 22218 22978 3386 2 3037 4795 4036 2804 4458 3978 91 79 (3) 3872 85.14 5,421 6612 5,669 6256 16,711 5,641 Pig Iron and Iron Products [Thousands of short tons, unless otherwise indicated] Pig iron: Production (including production of ferroalloys) Consumption thous metric tons Stocks end of period thous metric tons Castings, gray and ductile iron: Shipments total For sale Castings, malleable iron: Shipments total For sale See footnotes at end of tables. 54,925 50019 130 "8310 4 6 257 4 276 "154 48,503 3,470 3354 125 129 134 3615 153 158 3,954 151 159 4,175 4,524 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, i%i-88 1992 1991 Annual 1990 | April 1992 • S-25 1991 Feb. | Mar. Apr. | May | June | July Aug. Sept. | Oct. | Nov. Dec. Jan. Feb. | Mar. 14. METALS AND MANUFACTURES-Continued Steel, Raw and Semifinished [Thousands of short tons, unless otherwise specified] Steel (raw): Production Rate of capability utilization percent Steel castings: Shipments, total For sale total Steel Mill Products [Thousands of short tons] Steel products, net shipments: Total (all arades) By product: Semifinished products Structural shapes (heavy) steel piling Plates Rails and accessories Bars and tool steel total Bars: Hot rolled (including light shapes) Bars* Reinforcing Bars1 Cold finished Pipe and tubing Wire-drawn and/or rolled Tin mill products Sheets and strip (including electrical), total Sheets' Hot rolled Sheets- Cold rolled By market (quarterly): Service centers and distributors Construction incl maintenance Contractors' products Automotive Rail transportation Machinery industrial equipment tools Containers packaging ship materials Other [Millions of short tons] Producing steel mills, inventory, end of period: Total Steel in process Finished steel Steel service centers (warehouses), inventory, end of period 98,015 84.0 87,310 74.2 6,705 7,283 7,089 7,076 7,017 7,338 7,386 7,457 7,711 7,461 7,347 7,754 7,432 8,043 73.1 71.7 72.5 70.0 71.7 74.8 75.2 78.5 78.0 78.0 74.4 80.5 82.4 83.5 "1,136 4 1,034 84,981 78,868 6,039 5,966 6,450 6,762 6,623 6,420 6,954 6,746 7,499 6,427 6,118 6,867 6,471 6,313 6,093 7,945 519 14,727 7,878 5,305 1,486 4,652 918 4,032 39,784 13,388 13,199 6,872 5,722 6,938 486 13,214 6,902 4,934 1,326 4,488 864 4,040 36,244 12,987 11,356 550 470 551 52 527 452 548 58 550 465 590 52 595 469 618 41 647 421 583 32 642 520 568 21 550 486 543 17 642 548 599 37 522 498 539 27 498 400 538 59 979 540 329 107 1,111 603 392 111 1,110 572 425 110 1,077 549 420 104 1,154 593 444 112 1,162 594 450 115 1,027 543 356 123 424 75 298 2,605 986 791 411 82 342 2,846 974 922 428 77 365 3,059 1,113 936 383 73 336 3,071 1,145 924 332 75 350 2,918 1,074 906 402 79 359 3,208 1,162 982 360 69 336 3,222 1,141 1,003 1,063 551 400 108 302 64 310 3,102 1,090 970 1,030 534 395 97 398 67 292 2,608 917 839 1,215 626 457 128 337 80 345 3,696 1,253 1,175 511 481 622 58 1,099 600 361 132 543 479 548 56 1,051 586 349 112 584 479 565 21 1,097 560 434 99 300 52 371 2,870 1,008 959 347 75 277 3,398 1,154 1,111 298 77 267 3,177 1,096 1,033 18,250 7,391 2,793 10,444 901 2,104 4,474 38,378 17,485 6,814 2,261 9,445 837 1,648 4,278 36,100 14.0 13.1 1,629 539 2,047 261 481 1 009 8,701 13.7 13.8 4,484 4,218 1 711 547 2,379 214 425 1 130 9,235 4091 13.8 13.5 13.4 4,685 1,684 570 2,604 207 355 1,051 8,888 1790 605 2,416 155 379 1,087 9,280 13.6 13.1 13.1 12.4 12.7 13.1 2 1,730 2 2 541 217 2 2 2 877 2 85 2 150 2 294 2 2,973 1,606 2 514 2 186 841 80 2 2 122 2 293 2,830 2 13.1 8.1 5.9 7.6 5.5 7.9 5.8 8.2 5.6 8.4 5.4 8.2 5.3 8.2 5.2 8.4 5.2 7.8 5.3 7.8 5.3 7.3 5.1 7.3 5.4 7.6 5.5 7.7 5.4 6.7 5.9 6.9 6.6 6.4 6.2 6.1 5.9 5.7 5.3 5.6 5.6 5.9 5.9 4,048 2,393 4,121 "2,210 317 155 352 180 340 196 353 186 343 191 354 199 350 203 336 190 347 195 337 174 343 167 344 204 959.6 340.3 1,024.7 256.5 79.4 23.3 84.3 23.2 88.2 20.2 85.1 20.7 75.9 20.9 97.3 20.8 89.0 18.8 86.6 21.8 90.4 21.9 81.0 22.4 88.0 18.5 100.7 679.8 437.7 792.8 508.7 54.8 35.5 46.7 38.1 82.8 44.8 56.4 48.4 71.3 48.1 69.0 44.9 80.1 55.4 54.6 42.9 68.0 50.0 80.7 34.5 67.3 31.0 50.8 48.5 .7404 .5946 .6813 .6831 .6388 .5932 .5775 .5896 .5766 .5575 .5246 .5241 .5034 .5367 14,757 11,960 7,514 2,134 "15,079 "11,660 r 7,51 8 1,086 877 561 1,221 940 618 1,211 996 635 1,295 1,030 669 1,271 995 639 1,376 1,029 673 1,357 1,028 661 1,263 970 619 "1,332 "1,031 668 1,246 945 620 "1,241 "879 "569 1,171 910 552 4,013 " 4,467 4,169 4,256 4,212 4,135 4,044 3,990 3,935 3,919 3,899 3,847 "4,467 3,901 1,587.2 1,576.6 1,183.2 393.5 440.8 1,635.4 1,582.9 1,143.8 439.0 417.7 126.7 120.4 138.5 128.1 129.5 127.0 147.7 139.6 136.9 120.7 "139.2 130.8 92.5 34.5 39.6 99.8 39.8 38.2 84.4 36.4 35.7 91.9 38.8 32.6 "141.3 M41.9 100.4 "41.5 "37.3 131.7 138.6 100.4 134.2 135.8 94.0 34.1 40.5 141.3 "134.5 "95.6 131.5 134.9 90.7 29.7 32.2 133.2 140.6 102.9 441.3 261.7 442.0 288.6 39.5 27.1 28.0 21.7 44.8 30.9 30.4 17.5 31.6 23.6 647.2 211.2 2,150 101 687.2 270.7 2,058 131 54.9 21.4 77.5 37.4 43.4 16.8 76.3 31.5 52.1 23.9 146 109 179 107 172 102 171 107 171 110 144 131 191 111 184 100 202 109 168 119 155 131 184 126 1.2316 1.0933 1.1501 1.1395 1.1313 1.0557 1.0388 1.0434 1.0597 1.1111 1.1134 1.1003 1.0297 1.0072 NONFERROUS METALS AND PRODUCTS [Thousands of metric tons, unless otherwise specified} Aluminum: Production primary (dom and foreign ores) Recovery from scrap Imports: Metal and alloys crude Plates sheets bars etc Exports: Metal and alloys crude Plates sheets bars etc Price, U.S. market, 99.7% purity, monthly average, $ per Ib Aluminum products: Shipments: Ingot and mill prod, (net ship.), mil. Ib. Mill products total mil Ib Sheet and plate mil Ib Castings mil Ib Inventories,' total (ingot, mill products, and scrap), end of period mil Ib Copper: Production: Mine recoverable copper Refined from primary materials Electrolyticallv refined @ Electrowon Refined from scrap Imports, unmanufactured: Refined Exports: Refined and scrap Refined Consumption, refined (reported by mills, etc.) Stocks, refined, end of period . Price, avg. U.S. producer cathode, delivered, $per Ib § See footnotes at end of tables. 96.5 38.9 "38.5 "33.0 28.5 35.5 23.7 31.3 17.4 32.6 22.9 60.7 20.6 49.3 20.9 56.2 17.9 38.1 32.1 96.2 39.6 32.6 59.2 36.3 38.7 26.8 32.0 18.0 41.3 13.4 42.9 15.4 52.1 17.9 320 199 20.9 37.7 34.1 .5820 .5928 SURVEY OF CURRENT BUSINESS S-26 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1951-88 Annual 1990 | 1992 1991 1991 Feb. Mar. Apr. | May | June | July | Dec. Jan. Feb. Aug. Sept. | Oct. | Nov. | 41 1 700 361 723 389 280 261 74.6 70.7 71.4 71.6 1024 92.7 102.7 70.9 68.8 71.5 91 458 9.8 507 122 .3465 122 .3449 2493 356 0 4000 2,900 59 3024 3.5427 3,900 2,900 Mar. 14. METALS AND MANUFACTURES-Continued NONFERROUS METALS AND PRODUCTSContinued [Thousands of metric tons, unless otherwise specified] Copper-base mill and foundry products, shipments (quarterly total): Brass mill products mil Ib. Copper wire mill products (copper content), mil. Ib, Brass and bronze foundry products mil Ib Lead: Production: Mine recoverable lead Recovered from scrap (lead content) Imports ore (lead content) Consumption, total Stocks, end of period: Producers', ore, base bullion, and in process (lead content) ASMS Refiners' (primary), refined and antimonial (lead content) Consumers' (lead content) 0 Scrap (lead-base, purchased), all smelters (gross weight) Price, common grade, delivered, $perlb. @@ Tin: Imports (for consumption): Ore (tin content) metric tons Metal unwrought unalloyed metric tons Recovery from scrap total (tin content) metric tons As metal metric tons Consumption total metric tons Primary metric tons .... Exports (metal) metric tons Stocks pig (industrial) end of period metric tons Price Straits Quality (delivered) $ per Ib Zinc: Mine prod recoverable zinc Imports: Ores (zinc content) Metal (slab blocks) Consumption (recoverable zinc content): Ores Scrao all tvoes Slab zinc: Production total $ Consumption fabricators Exports Stocks, end of period: Producers' at smelter (ABMS) Consumers' Price hiqh qrade $ per Ib M740 ''922.9 984 1 1 275 2 1 462 5 1 41 1 855.4 74.4 12003 1053 416 71 0 435 720 378 720 475 698 364 707 101 2 101 3 984 924 908 1027 1019 106.9 r 539 688 637 61 0 594 659 736 743 757 731 74.5 255 '865 91 458 243 535 270 529 21 3 494 175 489 162 431 154 380 91 354 66 333 41 302 201 .4602 122 .3348 135 .3323 11 3 .3334 122 .3330 128 .3260 112 .3203 127 .3279 129 .3286 139 .3339 149 .3462 r 33810 17275 186 44363 36900 658 4829 38629 29102 5947 2934 489 1 601 585 1946 2554 478 2006 558 2830 373 3173 1960 2151 49000 36900 970 3024 c 3 6285 4 100 4300 3200 111 4100 3100 4200 3200 145 3900 3000 129 6348 36707 3052 531 15 4300 3,300 105 5154 5186 3900 2900 60 6677 36488 11 6688 36075 41 9 454 554 3100 36204 129 5993 36834 36895 438 455 494 369 11 370 14 398 81 357 104 360 .2 21 1 2 2 21 1 21 1 6177 5991 522 15 474 495 39.0 33.4 380 21 466 15 51 4 1.0 553 1.0 61 6 5.3 539 .2 21 1 2 21 1 2 211 21.1 2.4 2528 2 2 21 1 21 1 207.8 991 0 58 194.4 9020 55 15.0 16.9 15.8 17.7 15.6 16.4 13.6 15.8 690 4 659 4 678 4 683 7 688 3 736 3 780 4 793 3 46 '61.0 7459 38.9 41.2 5277 5593 4330 896 4040 879 47 39 42 472 16 45 399 5491 85 r 43.0 2.4 r 2549 40.6 5611 135 .3448 71 6739 36506 4100 3100 10 41 9 53 '320 530 15 4000 3000 61 6544 36076 467 631 7 46 45 36 3.7 2.9 6616 35862 4100 3,100 63 6347 35519 r 2 2 17.5 85.9 6 3.7 43.7 43.0 39.3 38.1 35.4 35.6 34.5 5763 4984 4840 4867 4836 4978 4856 r 2 360 67.1 .3429 .3430 513 3019 3.6786 3.7574 41.5 2 21.1 21.1 21.1 162 842 .4 16,6 82.0 17.6 83.0 4.5 "35.8 5464 71.4 16.8 17.8 .4 4.6 5.8 5.8 38.9 38.1 5729 5450 .5289 62 MACHINERY AND EQUIPMENT [Millions of dollars, unless otherwise specified] Industrial heating equipment, new orders (domestic), qtr|y # Electric processing heating equipment Fuel-fired processino heatino eouipment Materials handling equipment, dollar value bookings index 1982 100 f Industrial supplies, machinery, and equipment: New orders index seas adi 1987-100 & Industrial suppliers distribution: ' Sales index, not seas, adj., 1990=1.00 Inflation index, not seas. adj. (tools, material handling equipment, valves, fittings, abrasives, fasteners, metal products, etc.), 1977=100 Fluid power products shipments indexes: § Hydraulic products, 1990=100 Pneumatic products 1990=100 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 backloa. end of oeriod See footnotes at end of tables. 1403 1333 131 9 1351 121 1 824 147 284 1296 302 471 121 3 ••1357 1075 1070 1074 1.0000 .9552 .9114 189.4 195.9 100.0 100.0 87.9 99.3 r r r 837 108.4 21.3 21.7 44.0 138 r r 132.9 1402 '1148 1622 158.9 132.8 1070 104 1 1083 1098 1076 1097 1076 1100 1063 1023 1108 .9611 .9753 .9976 .9676 .9548 .9670 .9369 1.0616 .8974 .8617 '.9854 .9298 1.0210 193.3 194.4 195.2 195.6 195.7 196.0 196.5 196.3 196.3 196.8 195.9 197.6 198.1 198.5 89.9 98.1 94.8 95.6 89.0 104.9 104.6 81.0 91.5 84.1 97.9 87.7 97.1 90.3 106.7 87.1 97.1 81.8 95.7 78.3 92.5 87.7 97.8 '86.9 '96.9 107.3 158.55 '159.60 153.40 '140.65 106.25 '14025 97.50 '121.80 1,238.4 '1,257.8 176.95 157.85 209.70 180.30 1,225.0 '56.65 43.35 '60.75 '46.60 '252.1 59.40 47.65 71.05 52.30 240.4 1225 1327 M415 108.3 2 070 30 1,771.95 2,329.60 2,004.45 1,164.0 1,893.95 1,549.20 1,871.80 1,595.35 1,186.2 186.25 113.80 133.15 109.45 1,236.4 153.55 127.20 173.85 148.75 1,216.0 136.45 109.95 145.35 126.55 1,207.2 109.60 96.45 173.85 157.25 1,142.9 130.95 87.70 142.60 104.30 1,131.2 145.60 123.25 149.40 137.35 1,127.4 126.40 117.30 137.35 121.85 1,116.5 174.05 15025 166.80 140.90 1,123.8 155.85 133.90 177.30 155.35 1,102.3 161.55 140.85 144.35 118.70 1,119.5 283.65 241.35 217.00 181.65 1,1862 894.40 760.55 970.30 851.10 304.4 748.15 546.35 801.65 624.60 250.9 58.90 51.30 69.00 58.80 292.4 51.90 31.45 103.00 86.05 57.25 37.30 61.70 47.05 236.8 43.40 35.05 58.00 44.60 2225 41.95 25.05 69.55 47.15 194.6 47.65 26.90 63.40 35.00 178.8 109.35 87.05 46.00 30.75 2422 70.75 56.30 49.90 36.05 263.0 68.80 51.35 58.45 48.35 273.4 69.15 41.35 85.90 76.90 256.6 59.25 43.45 65.00 52.90 250.9 2412 58.85 50.85 53.55 38.05 256.2 97.1 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1951-88 Annual 1990 | April 1992 • S-27 1991 1991 Feb. Mar. | Apr. May | June 1992 July Aug. | Sept. Oct. | Nov. | 6,833 2,213 6,773 1,768 5,729 1,380 Dec. Jan. Feb. 4,351 1,388 4,405 1,502 Mar. 14. METALS AND MANUFACTURES-Continued MACHINERY AND EQUIPMENT-Continued Tractors used in construction, shipments, qtrly: Tracklaying (ex. shovel loaders), units Tracklaying (ex. shovel loaders), mil. $ Wheel (contractors' off-highway), units Wheel (contractors' off-highway) mil $ Shovel loaders, units Shovel loaders, mil $ J 8303 1,073.0 3 4,058 •*3490 3 57,766 3 1 959 6 3 ELECTRICAL EQUIPMENT [Thousands] Batteries (auto.-type replacement), shipments Radio sets, factory sales, domestic market §§ Television sets (incl. combination models), production, total market $$ Household major appliances, industry shipments # Air conditioners (room) Dishwashers Disposers (food waste) Microwave ovens/ranges Ranges Refngerators Freezers Washers Dryers, including gas Vacuum cleaners (qtrty ) 65,187 21,585 66,585 18530 4,079 1345 4,063 1,298 4,700 4,932 1 186 1356 4 5,265 1,261 5,541 1,542 1682 6,962 2,125 6,545 21 779 19649 1454 1 761 1267 1,235 1 397 1 245 1 569 2249 1 846 2009 2300 1257 1 586 1821 43,194 40,997 2807 3,571 4,002 7,234 3,309 7,273 1,414 6,197 4,313 10970 2,984 185 255 309 565 236 434 75 486 344 3,524 496 278 362 511 277 533 100 507 344 2850 3,605 532 305 282 471 278 606 114 519 344 3,720 613 288 306 509 264 664 109 490 319 3,944 447 304 360 543 275 787 142 546 351 2405 3,384 171 287 294 507 263 774 154 511 347 3,247 63 301 355 548 273 673 138 525 345 3,324 12 286 459 610 280 666 137 513 351 3095 3,515 22 342 312 739 319 648 118 593 418 3,251 31 306 280 854 295 513 106 485 373 3,143 76 296 338 696 282 492 125 468 360 2,620 3,163 103 272 349 698 253 466 90 512 386 3,220 227 268 294 680 251 477 91 502 356 4,107 523 331 350 689 300 614 128 602 435 2057 128 159 318 126 193 332 120 194 346 110 188 319 162 203 315 157 178 301 196 189 295 238 211 302 239 245 378 208 226 314 224 215 370 153 181 361 163 187 356 208 4150 3,637 4,137 8,126 3,444 7,101 1,296 6,192 4,320 11 082 GAS EQUIPMENT (RESIDENTIAL) [Thousands] Furnaces warm air shipments Ranges total shipments Water heaters (storage) automatic shipments 1 950 2429 3906 2401 3936 15. PETROLEUM, COAL, AND PRODUCTS COAL [Thousands of short tons, unless otherwise specified] Anthracite: Production Exports thous metric tons Producer Price Index, 1982= 100 Bituminous and lignite: Production Consumption total Electric power utilities Industrial total Coke plants (oven and beehive) Residential and commercial Stocks end of period total Electric power utilities Industrial total Oven-coke plants Exports excluding lignite, thous. metric tons Producer Price Index, 1982=100 3,506 2,923 243 259 230 224 235 253 313 285 248 214 170 208 217 235 105.5 105.6 106.6 106.6 105.4 105.0 105.0 104.7 104.7 104.7 105.1 ' 106.3 106.4 106.4 106.4 106.4 1,025,569 896,427 773,549 116,154 39,824 6,724 168,210 156,166 12045 3,329 95,984 97.3 990,711 82,592 85,012 79,324 79,917 76,896 79,720 88,818 81,504 90,230 81,644 79,244 84,683 78,938 82,425 68,309 58,443 9,261 2,566 605 69,321 59,195 9,586 2,985 541 64,394 55,483 8,466 2,675 445 70,214 61,298 8,551 2,710 365 74,716 65,777 8,583 2,690 355 81,245 71,862 8,956 2,929 427 81,244 71,919 8,939 2,916 387 73,943 64,652 8,971 2,932 320 61,948 63,830 66,718 163,133 152,202 10,931 3,196 167,406 157,031 10,375 3,130 173,098 162,804 10,294 3,181 175,696 165,483 10,214 3,232 171,543 161,410 10,133 3,283 165,741 155,668 10,073 3,087 163,244 153,231 10,013 2,891 164,004 154,051 9,952 2,695 158,813 158,605 158,004 7,373 7,237 6,275 9,088 8,417 9,162 9,563 9,577 8,386 98.1 97.4 97.2 97.1 97.9 97.5 96.5 96.5 95.8 9,618 '97.0 95.9 96.5 3,056 5,967 3,276 3,303 3,527 5,706 3,404 3,537 3,575 6,256 3,410 3,501 3,505 3,808 3,710 1,680 2,093 1,831 263 1,791 1,674 2,003 1,720 283 1,742 1,638 2,172 1,912 260 1,622 1,635 1,888 1,953 1,977 772,315 158"004 gTi 94.1 93.5 53.6 51.0 COKE [Thousands of short tons, unless otherwise specified] Production: Beehive and oven (byproduct) Petroleum coke § Stocks, end of period: Oven-coke plants total At furnace plants At merchant plants Petroleum coke Exports thou metric tons 28948 40,332 41,422 1,918 1 674 244 1,436 1,953 70.9 4,981.3 87 4,106.8 86 6,208.7 2,684.7 598.3 1,646 1,680 PETROLEUM AND PRODUCTS [Millions of barrels, unless otherwise specified] Crude petroleum: Producer Price Index 1982=100 Gross input to crude oil distillation units Refinery operating ratio % of capacity All oils, supply, demand, and stocks: New supply total 0 Production: Crude petroleum Natural oas plant liouids Imports: Refined products Chance in stocks all oils Product demand total Exports: Crude petroleum Refined products See footnotes at end of tables. 2,325.1 600.8 39.2 6,512.9 39.7 272.4 64.2 54.1 56.3 58.8 56.2 59.3 60.4 60.4 66.3 64.0 55.2 51.3 370.1 84 404.4 83 398.4 85 425.6 87 423.7 90 432.1 89 433.7 89 416.3 88 406.5 83 394.6 84 422.0 87 407.0 84 6,090.4 453.0 489.0 497.4 545.9 514.6 568.7 545.4 503.1 513.3 500.0 507.8 520.1 2,691.3 634.1 211.4 231.9 224.0 228.4 218.5 277.1 225.4 220.0 229.7 219.2 225.7 228.3 50.6 54.1 52.2 54.2 50.8 52.5 56.7 50.8 54.3 54.0 55.3 56.5 182.8 197.4 61.9 2,272.1 492.9 163.6 169.2 177.8 215.2 199.2 201.4 220.2 190.3 28.0 33.9 -15.6 528.3 48.2 50.3 37.7 -12.3 496.3 43.3 18.7 46.1 -7.8 36.1 47.0 11.0 42.0 16.7 5052 534.6 5.6 530.5 554.0 557.1 524.6 6,439.0 42.4 322.8 4.3 36.1 4.2 25.0 4.9 17.2 5.1 30.5 2.4 25.3 4.3 25.5 1.7 24.3 3.3 20.3 189.3 182.9 40.0 43.8 43.9 -18.6 552.2 2.9 528.0 -30.2 567.7 2.8 25.6 3.8 24.0 4.1 33.5 38.0 -7.4 561.9 3.7 31.8 SURVEY OF CURRENT BUSINESS S-28 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual 1990 1992 1991 1991 Feb. Mar. | Apr. May | June July Aug. Sept. Oct. | Nov. | Dec. Jan. | 526.4 215.5 3.5 100.0 Feb. Mar. 15. PETROLEUM, COAL, AND PRODUCTS-Continued PETROLEUM AND PRODUCTS-Continued [Millions of barrels, unless otherwise specified] All oils, supply, demand, and stocks—Continued Domestic product demand, total # Gasoline Kerosene Distillate fuel oil Residual fuel oil Jet fuel Lubricants Asphalt Liquefied petroleum gases 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 Prices, regular grade (excl. aviation): Producer Price Index, 1982*100 Retail, U.S. city average (BLS): Leaded $ per gal Unleaded $ per gal Aviation gasoline: Production Stocks end of period Kerosene: Production Stocks end of period Producer Price Index (light distillate), 1982=100 . Distillate fuel oil: Production Imports Stocks end of period Producer Price Index (middle distillate), 1982-100 Residual fuel oil: Production Imports Stocks end of period Producer Price Index 1982=100 Jet fuel: Production Stocks end of period Lubricants: Production Stocks, end of period Asphalt: Production Stocks end of period Liquefied petroleum gases: Production total At gas processing plants (L P G ) At refineries (L R G ) Stocks (at plants and refineries) 455.9 191.1 1.6 499.1 219.1 1.4 483.1 214.8 1.1 499.0 232.5 .8 502.9 224.8 .5 524.2 235.1 .4 531.1 235.4 .6 501.1 213.5 .2 523.7 226.1 .7 500.2 210.7 3.4 530.0 224.3 3.3 84.0 34.7 42.6 92.0 37.4 44.4 86.1 33.8 40.5 84.8 31.3 40.7 83.5 38.0 44.0 82.1 34.6 46.8 86.1 37.4 47.3 85.2 32.0 44.6 93.9 31.9 46.0 87.5 33.9 43.5 95.7 40.5 46.3 6,200.8 2,649.6 15.5 1,102.5 448.5 555.6 59.7 176.3 568.0 1,620.6 908.4 585.7 145.4 566.8 6,073.9 2,633.8 160.9 603.1 1,615.8 893.1 568.5 147.0 575.6 1,574.5 912.8 581.6 153.3 508.4 1,558.9 905.3 568.5 153.6 500.0 1,577.6 907.2 568.5 157.5 512.9 1,628.0 927.0 568.5 163.9 537.0 1,633.6 916.1 568.5 161.0 556.5 1,633.9 911.0 568.5 159.2 563.7 1,645.0 913.8 568.5 2,548.4 182.4 2,554.8 181.7 184.6 182.7 206.4 174.4 202.8 171.9 219.8 173.7 221.4 178.5 17.3 1,064.8 420.6 534.9 53.2 3.3 5.1 68.8 4.2 7.4 48.2 4.5 11.3 42.7 4.8 15.0 42.2 4.6 18.9 43.3 5.1 20.3 48.0 4.7 21.6 48.5 4.5 20.8 49.2 4.7 18.8 48.5 4.1 9.7 55.1 4.2 6.8 592 40.7 45.8 4.7 5.8 59.3 572.8 1,661.7 909.6 568.5 162.7 589.5 1,643.1 911.2 568.5 159.6 572.2 1,646.0 912.6 568.5 154.9 578.5 1,615.8 893.1 568.5 147.0 575.6 1,608.4 909.7 568.5 151.9 546.8 226.7 173.5 225.7 172.8 212.1 179.1 209.8 168.3 210.9 173.3 228.5 181.7 219.0 192.8 15.8 80.3 69.2 71.5 61.6 63.4 70.3 69.4 66.6 69.2 71.4 69.9 '70.1 67.0 60.6 59.9 60.4 1 149 1.164 1.140 1.137 1.143 1.047 1.082 1.062 1.104 «?.« 1.160 1.127 1.140 1.143 1.122 1.134 1.123 1.073 1.054 1.058 8.5 1.7 8.0 1.5 5.4 1.9 .5 1.8 .5 1.7 .8 1.7 .8 1.7 1.0 2.1 .8 1.7 .8 1.7 .7 1.7 3.9 1.6 .5 1.6 .7 1.8 1.1 4.3 .8 .42 1.1 6.4 59.0 55.8 16.3 5.6 75.4 1,067.5 101.5 1322 1.7 5.0 .7 4.2 .8 4.7 .8 5.1 .4 4.9 .8 5.6 1.8 5.8 2.1 4.7 75.9 66.4 59.5 60.7 61.1 58.9 62.1 66.6 65.5 1.6 5.9 '68.7 63.6 53.8 80.3 88.7 84.7 90.6 88.2 92.8 91.7 91.6 94.2 93.1 96.3 87.4 143.5 3.9 101.3 98.3 7.7 102.2 5.7 107.0 6.3 113.5 4.7 124.3 5.2 130.6 6.6 139.5 7.3 144.4 7.8 143.5 7.0 126.7 14.0 5.8 66.0 1,080.6 73.9 6.4 6.4 1382 73.5 65.2 74.3 61.6 60.0 59.6 57.6 58.1 62.1 65.4 67.6 '71.0 622 542 57.3 56.0 346.6 183.8 340.9 163.5 48.6 57.2 49.9 46.9 29.4 10.7 44.6 62.8 30.9 10.3 42.9 28.7 13.0 45.8 41.2 28.0 15.0 43.5 43.7 27.0 13.0 43.4 42.8 28.7 17.6 45.6 44.0 25.1 14.2 47.9 57.4 25.2 13.6 48.1 51.9 26.9 13.6 49.0 40.5 32.6 17.0 49.9 472 27.5 12.5 44.7 44.3 452 29.9 10.9 44.3 48.5 57.1 35.3 543.2 524.9 40.3 44.6 38.6 43.7 42.3 46.9 44.2 48.6 44.2 47.1 46.1 47.7 44.9 49.6 43.9 47.8 43.0 48.2 47.4 48.8 41.9 44.7 52.1 48.8 43.3 48.0 61.2 12.4 57.0 12.3 13.3 13.7 13.4 13.2 13.2 12.6 12.7 12.7 12.2 12.1 12.3 164.0 156.5 9.4 18.7 22.3 26.4 11.3 30.9 12.1 32.1 14.7 32.3 15.9 30.4 17.0 28.1 17.6 24.9 16.8 22.0 14.4 18.4 10.6 19.9 22.3 24.8 638.4 456.2 182.2 668.0 485.1 182.9 56.4 40.0 16.4 83.1 59.7 41.0 18.7 96.3 57.4 39.5 17.9 57.2 39.9 17.3 53.5 38.6 14.8 54.8 41.6 53.5 41.6 11.9 56.2 42.7 13.5 91.1 58.5 42.0 16.5 72.6 56.8 38.7 18.1 97.9 51.2 38.5 12.7 68.8 106.0 111.6 116.4 115.5 4.5 5.0 4.6 4.9 5.0 4.8 4.7 4.9 4.5 42 4.7 8.9 132 115.9 105.8 55.9 42.6 13.4 91.1 4.8 12.3 7.7 782 16. PULP, PAPER, AND PAPER PRODUCTS PULPWOOD [Thousands of cords (128 cu. ft.)] Receipts Consumption Inventories end of period 1 98659 98242 5688 8171 8115 8161 8161 8097 7934 8120 8,125 8108 7871 5670 5082 4936 7992 4880 8419 5554 8385 8239 4948 8,351 8271 5961 5,100 5,501 8,602 8293 6,122 7,839 7966 6,126 8,095 8006 5,688 8,824 8626 5,717 20 981 915 22733 1 076 1 669 917 1 816 907 1754 1763 1800 1801 1,021 1,944 1,014 1,956 1,050 2,017 1,065 1,930 1,054 1,883 1,076 2,029 1,061 1,912 1,002 63 050 5033 104 4,098 503 329 5319 116 4,176 511 330 5483 105 4,451 556 372 5186 124 4,310 547 338 5285 115 4,270 555 346 5133 51,192 6,345 4,219 63818 1 370 51,950 6,404 4,094 108 4,270 535 336 5472 121 4,462 546 344 5,681 139 4,631 548 363 5,254 110 4,301 511 332 226 476 392 219 518 451 216 554 409 216 483 406 198 521 394 192 575 348 197 547 347 195 513 345 219 518 451 247 245 571 451 99 304 '99109 WASTE PAPER [Thousands of short tons] Consumption Inventories end of period 1 960 1,025 998 WOODPULP [Thousands of short tons] Production: Total Dissolving pulp Paper grades chemical pulp Groundwood and thermo-mechanical Semi-chemical Inventories, end of period: Producers' own use Producers' market Consumers' purchased [Thousands of metric tons] Exports all grades total Dissolving and special alpha Allother Imports all grades total Dissolving and special alpha All other See footnotes at end of tables. 1 1293 5188 5197 92 4,232 528 335 124 4,222 520 331 5604 129 4,576 552 347 5357 117 4,392 532 316 210 532 389 214 515 351 220 586 353 232 614 366 '548 450 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, i96i-88 Annual 1990 | April 1992 • 1991 1991 Feb. Mar. Apr. May June July S-29 1992 Aug. Sept. Oct. Nov. | Dec. 7049 3528 3522 6530 Jan. Feb. | Mar. 16. PULP, PAPER, AND PAPER PRODUCTS-Continued PAPER AND PAPER PRODUCTS [Thousands of short tons, unless otherwise specified] Paper and board: Production (API): Total Paper Paperboard . Producer Price Indexes: Paperboard 1982=100 Building paper and board, 1962=100 . . .. Selected types of paper (API): Groundwood paper: Orders new Orders unfilled end of period Shipments Coated papers: Orders new Orders unfilled end of period Shipments Uncoated free sheet: Orders new Shipments Unbleached kraft papers: Shipments Tissue paper production . . . . [Thousands of metric tons, unless otherwise specified] Newsprint: Canada: t Production Shipments from mills Inventory end of period United States: Production Shipments from mills Inventory end of period Estimated consumption all users 0 Publishers' stocks end of period # Imports . . Producer Price Index, standard newsprint, 1982-100 Paper products: Shipping containers, corrugated and solid fiber shipments mil $q ft. surf area 1 78 782 39359 39423 r 79438 r 6135 6569 3243 3326 6338 6462 3172 3167 6486 3206 3280 3176 6752 3337 6973 3443 6628 3267 3285 3415 3531 3361 1284 1127 1270 1135 1272 1134 1271 1146 1278 1128 131 8 3,306 3183 3357 3474 3510 3353 1328 1329 1109 1333 1337 1344 112.2 116.7 119.0 129 225 140 151 255 128 94 238 116 527 600 588 550 576 566 r 665 r 621 678 597 946 923 813 929 '999 190 176 458 182 464 r 486 706 735 606 699 686 619 530 513 139 527 545 122 1359 1302 112.2 111 8 1320 1098 1868 221 '1806 1 778 r 225 1 775 126 229 133 154 239 148 130 238 138 146 249 140 178 274 145 148 280 159 184 308 152 156 295 155 138 283 163 105 245 143 '7430 589 7,536 7,294 r 576 7,310 517 522 564 600 528 588 582 565 558 601 604 572 623 598 596 646 638 640 685 647 660 669 667 644 660 666 685 11 479 11, 503 11 544 11,552 784 852 856 901 924 915 1 002 957 1 013 922 1 131 1,044 1 079 1,057 982 974 1 098 1,088 2377 5 802 2276 5669 186 203 185 472 195 474 188 176 505 207 477 186 459 440 484 465 9068 9074 315 8977 8756 536 763 686 462 790 755 498 743 736 506 733 710 529 739 719 550 761 697 614 731 731 614 719 698 635 5,997 6,007 46 12127 802 6,206 6,154 98 " 1 1 381 816 473 465 50 855 919 523 511 61 956 923 519 502 79 932 907 521 520 80 958 905 508 497 91 923 890 532 515 107 886 914 526 512 121 952 904 496 495 122 981 864 119.5 120.8 127.2 127.1 121.7 121.4 120.1 119.5 118.8 318 102 320180 24122 24495 28,033 26,967 25,739 27,968 28,297 7 1 7 7 7 1296 111 3 1122 1327 1109 r 1106 641 597 969 193 480 466 615 714 536 716 662 589 707 660 636 528 552 98 551 546 103 r 894 804 764 816 '902 509 517 95 878 819 118.1 117.3 116.4 115.8 115.2 114.7 112.5 27,169 31,334 25,150 23,453 28,934 25,532 27,730 1051 1012 '952 RUBBER 83903 9434 ^86034 1041 101 2 1035 995 998 1021 211453 1 820 78 40366 TIRES AND TUBES [Thousands] Pneumatic casings: Production Shipments total Orioinal eouipment Replacement equipment Exports Stocks end of period Exports (Bureau of Census) Inner tubes: Exports (Bureau of Census) See footnotes at end of tables. 7 21 0662 260 424 54191 188838 17393 202 390 257606 48582 190029 18998 42649 35533 17375 17632 3393 12689 1 550 50051 16208 19798 17017 21237 17,360 22215 3713 4351 4691 14595 15377 1,511 51 151 15959 1,566 50725 1491 51 096 16,419 23884 4279 18008 1,596 47204 14,354 21 628 3178 16926 1,523 44069 17,784 24036 4254 18041 1,743 41 610 1,085 954 210 17. RUBBER AND RUBBER PRODUCTS [Thousands of metric tons, unless otherwise specified] Natural rubber: § Consumption Stocks end of period Imports incl latex and guayule US Import Price Index 1985=100 Synthetic rubber: ± Production Consumption Stocks end of period Exports (Bureau of Census) ... 6536 6619 3145 3009 3126 r 6816 r 3173 39115 40323 17,045 25930 4519 19607 1,803 36773 19,588 25719 5296 18598 1,826 34567 16,354 19,446 4106 13,982 1,359 34772 15,173 17,724 3064 13,208 1,452 35,533 18,772 19,590 3868 13,925 1,777 38,400 S-30 • April 1992 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1951-88 Annual 1990 | 1991 1991 Feb. Mar. | Apr. | May | June July 1992 Aug. | Sept. | Oct. | Nov. | Dec. Jan. | 31 667 24482 Feb. | Mar. 18. STONE, CLAY, AND GLASS PRODUCTS PORTLAND CEMENT Shipments, finished cement, thous. bbl. '467,211 415203 23949 27239 35379 39876 40037 42577 43363 40294 44163 26041 CLAY CONSTRUCTION PRODUCTS Shipments: Brick, unglazed (common and face), mil. standard brick Structural tile, except facing, thous. sh. tons Sewer pipe and fittings, vitrified thous sh tons Floor and wall tile and accessories, glazed and unglazed, mil. sq. ft. Producer Price Index, brick and structural clay tile, 12/84-100 r 6,872.7 5,405.2 (2) (2) 7 1 1187 1 4505 1 3291 M 5069 (2) -2420 1845 r 509.2 427.9 1151 1162 7 7 1157 r 1087 105.6 1155 r 495 '428 1162 1163 1163 1163 41 7 505 1098 1308 1164 1164 1164 r 1165 1165 1166 1166 GLASS AND GLASS PRODUCTS [Thousand gross, unless otherwise specified] Flat glass mfrs.' shipments thous $ Glass containers: Production Shipments, total Narrow-neck containers: Food Beveraae 1,471 447 1,372196 289 704 284286 284986 280 476 23008 88551 26,297 23404 59591 84137 24,246 70,767 74,129 61 999 Liquor and wine „ Wide-mouth containers: Food and dairy products Narrow-neck and wide-mouth containers: Medicinal and toilet Chemical household and industrial Stocks end of period 13190 1 174 40449 306 391 22420 19828 1 707 24351 22611 345139 24586 24736 25569 26436 24724 25701 25486 25820 25888 26614 22540 23465 25698 24830 22885 21053 2297 5849 2497 17674 18408 22526 21075 1,208 1 692 3854 5,657 4020 6402 2,241 5661 7731 2,143 2199 4913 6811 1,908 1 885 4913 7,128 2,061 1,371 3971 8133 2,130 1,828 1,686 1,962 6,005 6,182 6,934 6,192 7,252 6,051 4,878 5,703 6218 1,670 2082 4802 6930 2,078 2,082 5527 6,950 2,373 2,379 6073 7,633 2,393 2,268 5876 7,697 5,532 5,833 6,671 6,616 3933 382405 338261 6400 698 70 782 104 120 125 156 191 226 180 182 130 44646 46088 45733 44233 43293 42745 41 755 41 028 41 703 43019 '14688 1 170 1 137 1 170 1 184 1 185 1,324 1,237 1,168 1 192 1202 1 250 1 339 1 308 1 176 1 233 1,250 1 373 1,401 1 199 1,168 1 204 1073 '7634 581 345 540 626 706 614 732 762 764 588 717 '5272 377 296 383 478 509 480 513 427 467 482 496 425 1 366 1 463 1 521 1 508 1487 1 725 1 665 1 588 1 748 1435 1 363 1 625 1,070 1,092 13302 1 667 41416 1,013 1,217 1,458 1 038 1262 1422 1,409 1,025 1,302 r 100 41 416 1 147 149 43384 GYPSUM AND PRODUCTS [Thousands of short tons] Production: Crude gypsum (exc byproduct) Calcined Imports crude gypsum Sales of gypsum prodxts: Uncalcined Calcined: Industrial plasters Building plasters, total (incl. Keene's cement) [Millions of square feet] Board products total Lath Veneer base Gypsum sheathing Regular gypsum board Type X gypsum board Predecorated wallboard 5 /ie mobile home board Water/moisture resistant board 7 15658 1 16 272 '8726 7 5310 4 14 760 1 312 1294 (4) () (2) 1 1 (2( 20 445 '18317 15 442 268 12 396 227 12268 5978 11286 98 713 662 85 670 608 5033 1 30 20 896 405 6 55 49 1 28 17 827 395 6 46 47 1 33 19 910 434 7 64 53 1 32 18 907 426 6 66 51 1 33 19 903 418 7 57 49 1 41 20 1 35 20 997 416 8 60 51 1 35 19 468 8 61 56 446 8 65 55 137 699 1 39 23 460 9 62 58 1 31 18 916 368 7 48 46 8474 13275 1,097 1 31 16 865 361 6 40 43 1 38 36 1,034 403 7 54 53 19. TEXTILE PRODUCTS FABRIC [Millions of linear yards] Woven fabric, finishing plants: Production (finished fabric) Cotton Manmade fiber and silk fabrics Inventories held at end of period Cotton Manmade fiber and silk fabrics Backlog of finishing orders Cotton Manmade fiber and silk fabrics COTTON AND MANUFACTURES [Thousands of running bales, unless otherwise specified] Cotton (excluding linters): Production: Ginnings 0 Crop estimate thous net weight bales § Consumption Stocks in the United States, total end of period # Domestic cotton total On farms and in transit Public storage and compresses Consuminq establishments See footnotes at end of tables. 15064 15505 B383 6 1 1 ,978 11978 1,522 9,875 581 17089 17542 tf 8367 13,579 13579 1924 11,075 580 2478 15891 17 542 16766 7 3 870 11,748 11 748 5 7 7 7 7 7 7 7 7 7 7 2068 6,929 6929 7 585 7 5,681 7 663 2,212 3,174 3174 7 7 0 2,452 7 722 7 2215 16,591 16591 7 13,798 7 2,223 7 570 2199 13,579 13579 7 1,924 7 11, 075 7 580 729 10,058 10,058 864 275 10,290 9,201 594 582 1170 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, isei-ss 1991 Feb. Mar. Apr. | May June | July S-31 1992 1991 Annual 1990 | April 1992 • Aug. Sept. | Oct. | Nov. Dec. Jan. | Feb. | Mar. 19. TEXTILE PRODUCTS-Continued COTTON AND MANUFACTURES-Contlnued Cotton (excluding linters)—Continued Exports, thous. running bales ; Imports, thous. net weight bales Price(farm), American upland, cents per Ib. 0 Price, Strict Low Middling, Grade 41, staple 34 (1Vi6"), average 10 markets, cents per Ib. Spindle activity (cotton system spindles): Active spindles last working day total millions Consuming 100 percent cotton millions Spindle hours operated all fibers' total billions . Average per working day billions Consuming 100 percent cotton billions Cotton cloth: Cotton broadwoven goods over 12" in width: Production (qtrly) mil sq yd Orders, unfilled, end of period, compared with average 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 equivalent, thous. net weight bales § Imports, raw cotton equivalent, thous. net weight bales § Producer Price Index, gray cotton broadwovens, 1982=100 J 67.1 *62.9 67.9 *74.8 "56.9 77.7 97 38 658 254 258 92 37 231 243 4464 4389 113.8 114.8 68.9 77.9 69.5 79.9 70.1 83.9 67.5 79.0 7 7 60.4 7 149 62.7 60.9 55.6 51.6 M9.6 49.0 71.3 58.3 54.7 53.9 51.5 50.8 52.0 7 7 7 157 7 241 63 7 114.5 114.9 115.2 7 94 40 7 7 15.0 7 227 62 115.3 115.3 224 5.9 88 3.8 5.8 '.233 4 2.3 4 88 38 4.8 241 2.0 1,094 M082 115.3 92 3.7 14.8 7 7 1 140 1 073 114.1 64.8 62.4 96 7 39 7 233 59 7 113.6 66.9 66.4 7 98 7 38 7 66.3 115.4 r 115.8 115.6 116.5 116.8 116.8 117.2 120.3 120.9 10.2 8.1 1.7 6.4 MANMADE FIBERS AND MANUFACTURES [Millions of pounds] Fiber production, qtrly: Cellulosic filament yam Rayon staple including tow Noncellulosic, except textile glass: Yarn and monofilaments Staple incl tow Textile glass fiber Fiber stocks, producers', end of period: Cellulosic filament yarn Rayon staple including tow Noncellulosic fiber, except textile glass: Yarn and monofilaments Staple incl tow Manmade fiber and silk broadwoven fabrics: Producer Price Index, gray synthetic broadwovens, 1982=100 2062 2132 2991 2733 480 674 554 687 41937 39908 42825 3984 1 9940 911 0 1 0663 9627 1 1002 1 0427 94 173 104 270 100 260 94 249 98 237 3042 3470 351 0 3337 3442 371 1 321 1 3222 309.8 1157 115.6 1206 1435 114.7 114.4 6.9 12 5.7 333 31 5.4 15 3.9 114.1 114.3 113.9 54.5 69.7 55.3 67.5 1 1218 1 067.7 104 27.0 351.0 333.7 3212 114.8 116.4 116.5 7.0 13 5.7 359 4.6 4.4 14 3.0 116.5 r 116.8 118.9 WOOL AND MANUFACTURES [Millions of pounds, unless otherwise specified] Wool consumption, mill (clean basis): Apparel class Carpet class Wool imports, clean yield t Unimproved and other tirades not finer than 46's 48 s and finer * Wool prices, raw, shorn, clean basis: Domestic-Graded territory, 64's, staple 2%" and up, delivered to US mills, $perlb. Australian, 64's, Type 63, duty-paid, price at Australian Wool Corp Charleston SC $ per Ib Wool broadwoven goods, exc. felts: Production (otrty ) mil so yd 387 31 121 144 71.7 86.5 21 4 503 182 682 2.56 1.58 2.10 1.63 1.67 2.03 2.30 370 242 335 209 221 271 286 5.5 13 4.3 7.3 17 5.5 8.1 15 6.6 9.2 15 7.7 2.30 35.6 3.6 7.8 25 5.4 5.1 12 3.9 9.0 1.2 7.8 1.67 1.56 1.48 1.48 1.55 1.63 1.77 1.95 248 2.29 2.15 2.74 2.70 2.59 2.80 2.77 1407 1696 381 483 "417 41.5 1 3485 1 2778 2942 3265 3472 309.9 18120 172317 7728 92778 18618 170844 12132 93067 4,236 49360 5228 40,338 22348 4,108 44693 2736 23,639 25,883 5,046 36,453 3,144 21,197 298988 38.761 309 155 38,620 68397 9,861 83461 9,945 83,636 9,548 73,661 9,266 FLOOR COVERINGS Carpet, rugs, carpeting (wpven, tufted, other), APPAREL [Thousands, unless otherwise indicated] Women's, misses', juniors' apparel cuttings, qtrly: Coats Dresses Suits (incl oant suits iumDSuits) Skirts Slacks, jeans, dungarees, and jean-cut casual slacks Blouses /hoi/ doz See footnotes at end of tables. 3132 2.4 7.8 3120 SURVEY OF CURRENT BUSINESS S-32 • April 1992 Unless otherwise stated in footnotes below, data through 1988 and methodological notes are as shown in BUSINESS STATISTICS, 1961-88 Annual 1990 | 1992 1991 1991 Feb. | Mar. Apr. May June | July | Aug. Sept. | Oct. Nov. Dec. Jan. | Feb. Mar. 19. TEXTILE PRODUCTS-Continued APPAREL-Continued [Thousands, unless otherwise indicated] Men's apparel cuttings, qtrly: Suits Coats (separate) dress and sport Trousers slacks, jeans pants etc Shirts, dress and sport, thous. doz Hosiery shipments tfious doz prs 10,244 14074 496713 98,102 324 867 11,302 13945 458476 103,239 328622 25170 2,764 3967 105700 23108 25623 28351 27099 2475 3,244 125073 24,628 28551 28153 27696 2451 3522 134731 24,335 24996 31 948 28,226 2,554 3341 131 209 26,031 24191 20. TRANSPORTATION EQUIPMENT AEROSPACE VEHICLES [Millions of dollars] Orders new (net) total U S Government Prime contract 3 147 380 ^56788 ^142685 Sales (net), receipts, or billings total U S Government ^141654 5 77516 Backlog of orders end of period # U S Government Aircraft (complete) and parts Engines (aircraft) and parts Missiles, space vehicle systems, engines, propulsion units and parts Other related operations (conversions, modifications) products services 3 Aircraft (complete): Shipments Exports commercial 264 204 92148 145 833 J 28233 5 3 3 32 600 •M9819 (7) 1,956 *18444 *22629 1 097 1862 2164 1668 2465 1 841 1 633 2006 1 945 2701 2,263 6050 5502 9499 6,898 2,601 5407 4874 8388 6,137 2251 411 373 636 479 157 84 6.1 2.3 436 384 749 545 204 88 62 2.5 460 417 707 510 197 8.0 5.6 2.4 518 465 790 581 209 8.5 6.1 2.3 485 434 791 593 198 8.8 6.6 2.3 360 324 794 585 209 8.9 6.6 2.3 417 385 711 503 208 8.4 6.2 2.2 473 424 687 498 189 8.5 62 2.3 572 523 719 526 193 8.3 6.1 22 462 416 623 458 165 378 338 611 438 173 7.9 5.9 2.0 404 371 573 417 156 8.0 5.9 2.1 2946 3287 1001 2976 1088 2833 1174 2967 1196 2705 3127 1052 319.1 1059 369.4 1208 315.2 677 297.3 85.1 605 '228 669 675 744 792 755 675 737 692 610 864 628 619 590 264 275 286 304 291 297 320 283 247 253 245 225 MOTOR VEHICLES (NEW) [Thousands, unless otherwise specified] Passenger cars: Factory sales (from U.S. plants): Total Domestic Retail sales total not seas adj Domestics § Imports § Total seas adj at annual rate millions Domestics millions § Imports, millions § Retail inventories, domestics, end of period: § Not seasonally adjusted $* Seasonally adjusted *$ Inventory-retail sales ratio domestics ^ Exports (Bureau of Census) total To Canada Imports (ITC) complete units From Canada total Registrations 0 total new vehicles Imports, including domestically sponsored Trucks and buses: Factory sales (from U.S. plants): Total Domestic Retail sales: Total not seasonally adjusted * 0-10,000 Ibs. GVW, domestics 0-10,000 Ibs. GVW, imports * 10 001 Ibs GVW and over t Total seasonally adjusted * 0-10,000 Ibs. GVW, domestics 0-10000 Ibs GVW imports * 10001 Ibs GVW and overt Retail inventories, domestics, end of period: Not seasonally adjusted Seasonally adjusted @ Exports (BuCensus) Imports (BuCensus), including separate chassis and bodies Registrations 0, new vehicles, excluding buses not produced on truck chassis Truck trailers and chassis, complete (excludes detachables) shipments number Van type number Trailer bodies (dstachable) sold separately number Trailer chassis (detachable) sold separately number •*39446 1,220.2 4 4 37365 •*1 1960 r 779 "8.3 "62 "2.1 323.6 1051 See footnotes at end of tables. '735 541 '194 '8.3 6.0 '2.3 8234 3295 3719 3448 3373 3035 202 238 300 337 323 230 277 326 378 303 244 249 177 208 263 302 290 209 256 299 347 272 218 232 4,649.9 3,947.5 404.0 2984 4,156.0 3,594.6 319.2 2422 292.7 250.7 23.6 18.4 327.5 278.3 28.2 210 3552 305.8 27.3 22.1 337.1 289.6 26.4 21 1 353.5 304.9 26.6 22.1 331.4 285.6 25.6 20.3 384.8 335.9 282 20.7 342.5 297.1 26.0 19.4 385.9 338.9 26.5 20.5 361.7 314.4 27.6 19.7 391.4 338.1 30.8 22.6 349.4 299.6 28.2 21.6 353.5 298.3 35.9 19.3 345.1 297.6 28.0 19.4 375.9 330.1 26.3 19.5 389.7 3412 28.3 20.2 329.6 2832 26.4 20.0 334.8 291.1 25.4 18.4 310.8 272.8 21.5 16.5 348.9 305.1 24.9 19.0 352.4 307.0 23.6 21.9 381.8 336.4 23.5 21.9 295.9 258.5 19.0 18.4 344.0 300.6 23.0 20.4 '325.9 289.1 17.8 '19.0 '351.1 '3092 20.7 21.1 394.6 348.4 23.8 22.4 3662 3232 21.9 21.1 1 0743 1,1032 985.5 1,011.9 1,022.5 991.2 955.1 920.5 953.5 934.9 960.1 927.0 965.1 916.0 852.5 908.4 857.4 914.7 875.8 930.3 1,004.3 1,017.6 1,054.4 1,023.0 985.5 t.011.9 1,025.8 1,009.7 1,105.2 1,073.1 1,166.6 1,125.6 4798 4345 '292 347 355 379 413 394 373 405 370 321 357 351 313 138319 r 99115 8422 5562 10494 7073 10641 7089 11 311 7,722 10339 7304 10335 7,397 12036 9,169 11236 8,559 11,836 8,640 10,448 7,843 12,125 9,080 827 1 211 1 904 1 347 924 1 097 1 797 2078 149117 103894 r (5) (5) 17,214 19022 32063 32063 27197 27197 11 328 11 328 32063 32063 27197 27197 9215 9215 1 638 r 10,381 7,914 r 2256 r r r 2692 [Number, unless otherwise specified] Freight cars (revenue), class I railroads (AAR): * Number owned end of period thousands Capacity (carrying) total end of month mil tons Average per car tons 664 497 167 8.5 62 2.3 9103 3,459 RAILROAD EQUIPMENT Freight cars (new), for domestic use; all railroads and private car lines (excludes rebuilt and export cars): Shipments Equipment manufacturers New orders Equipment manufacturers Unfilled orders end of period Equipment manufacturers (2) 6,397 6397 5873 5873 10683 10683 6,003 6003 5126 5126 9806 9806 6,331 6331 5,300 5300 8,775 8775 7,541 7,541 6,655 6,655 9,215 9215 2671 (2) SURVEY OF CURRENT BUSINESS April 1992 • S-33 FOOTNOTES FOR PAGES S-1 THROUGH 8-32 General notes for a!! pages: r Revised. p Preliminary. e Estimated. c Corrected. Page S-1 f Revised series. See the article on the comprehensive revision of the national income and product accounts that appears in the December 1991 issue of the SURVEY. i Includes inventory valuation and capital consumption adjustments. § 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. 0 See note "<>" for p. S-2. Page S-2 1. Based on data not seasonally adjusted. 0 Effective April 1990 SURVEY, the industrial production index has been revised back to 1977 and has a new base year of 1987. A more detailed explanation of this revision is in the April 1990 Federal Reserve Bulletin. Historical data are available from the Industrial Output Section, Mail Stop 82, Division of Research and Statistics, Federal Reserve Board, Washington, DC 20551. # Includes data not shown separately. Page S-3 # Includes data for items not shown separately. t Effective with the April 1991 SURVEY, M3 data have been revised to benchmark the data to the 1987 Census of Manufactures and 1988 Annual Survey of Manufactures, and to convert the series to the 1987 SIC codes. Revisions related to benchmarking affect all categories back to 1982. Revisions resulting from the SIC conversion affect about half the categories back to 1958. The coverage for some of the series in the market category has been changed. Address requests for data to: Business Statistics Branch Business Outlook Division (BE-52) Bureau of Economic Analysis U.S. Department of Commerce Washington, D.C. 20230 of the individual price indexes used in the deflation of VIP, but the prices are weighted by the composition of VIP each period. As a result, the implicit price deflator reflects not only changes in prices, but also changes in the composition of VIP, and its use as a measure of price change is discouraged. Effective July 1991 SURVEY, data have been revised back to 1986. §§ Effective March 1992 SURVEY, the Construction Contracts Valuation index has a new base year of 1987. Data have been revised back to 1983 and are available upon request. tf Effective May 1991 SURVEY, the Boeckh indexes have a new base year of 1987. tt Effective Sept. 1990 SURVEY, the construction cost index for the Federal Highway Administration has been revised back to 1986 and has a new base year of 1987=100. Page S-8 1. Advance estimate. 2. Beginning with Feb. 1989 data, associations in conservatorship are excluded. <£ Home mortgage rates are under money and interest rates on p. S-14. § Data include guaranteed direct loans sold. # Includes data for items not shown separately. @ Data are for closed mortgage loans of thrift institutions insured by the Savings Association Insurance Fund (SAIF)—FSLIC-insured institutions prior to Sept. 1989. t Effective April 1991 SURVEY, estimates of wholesale sales have been revised back to January 1988 and wholesale inventories have been revised back to January 1989. Revised data and a summary of changes appear in the report Revised Monthly Wholesale Trade, Sales and Inventories January Page S-4 1984-December 1990, 8W90-R, available from the Bureau of the Census, Washington, DC 20233. 1. Based on data not seasonally adjusted. t Effective March 1991 SURVEY, retail trade data have been revised. Estimates of retail sales have # Includes data for items not shown separately. | Includes textile mill products, leather and products, paper and allied products, and printing andbeen revised back to January 1988 and inventories have been revised back to January 1989. (In 1990 data were revised back to 1982.) Revised data and a summary of changes will appear in the report publishing industries; unfilled orders for other nondurable goods industries are zero. Revised Monthly Retail Sales and Inventories, January 1981-December 1990, BR90-R, available from 0 For these industries (food and kindred products, tobacco, apparel and other textile products, petrothe Bureau of the Census, Washington, DC 20233. leum and coal, chemicals and allied products, and rubber and plastics products) sales are considered equal to new orders. t See note "t" for p. S-3. Page S-9 Page S-5 1. Based on data not seasonally adjusted. @ Compiled by Dun & Bradstreet, Inc. # Includes data for items not shown separately. § Ratio of prices received to prices paid (parity index), t See note T for p. S-4. f In the Feb. and July issues of the SURVEY each year, data for the most recent six to eight years are subject to revise and are available upon request, tt See note "t" for p. S-3. Page S-6 § For producer price indexes of individual commodities, see respective commodities in the Industry section beginning p. S-19. All indexes subject to revision four months after original publication. # Includes data for items not shown separately. J Effective with the Feb. 1992 SURVEY, data have been revised back to 1987 and are available upon request. 1. Advance estimate. # Includes data for items not shown separately. 0 Effective with the January 1992 SURVEY, the seasonally adjusted labor force series have been revised back to January 1987. The January 1992 issue of Employment and Earnings contains the new seasonal adjustment factors, a description of the current methodology, and revised data for the most recent 13 months or calendar quarters. Revised monthly data for the entire 1987-91 revision period will appear in the February 1992 issue of Employment and Earnings. Effective with the January 1991 SURVEY, the seasonally adjusted labor force series were revised back to January 1986. t The participation rate is the percent of the civilian noninstitutional population in the civilian labor force. The employment-population ratio is civilian employment as a percent of the civilian noninstitutional population, 16 years and over. @ Data include resident armed forces, t See note T for p. S-8. Page S-10 Page S-7 1. Computed from cumulative valuation total. 2. Index as of Apr. 1,1992: building, 415.9; construction, 460.5 3. Beginning Dec. 1988, series has been discontinued by the Bureau of the Census. t Effective July 1991 SURVEY, data have been revised back to 1986. Effective July 1990 SURVEY, data were revised back to 1985. Revised data are available from the Construction Statistics Division at the Bureau of the Census, Washington, DC 20233. # Includes data for items not shown separately. § Data for Mar., May, Aug., and Nov. 1990, and Jan., May, Aug., and Oct. 1991 are for five weeks; other months four weeks. 0 Effective Feb. 1990 SURVEY, data for seasonally adjusted housing starts have been revised back to 1987. These revisions are available upon request. @ Effective Feb. 1990 SURVEY, data for seasonally adjusted manufacturers' shipments of mobile homes have been revised back to 1987. t Effective May 1990 SURVEY, data for seasonally adjusted building permits have been revised back to 1988 and are available upon request. # Series first shown in the July 1990 SURVEY. The fixed-weighted price index is a weighted average of the individual price index series used to deflate the Value of New Construction Put in Place (VIP) series. In calculating the index, the weights (the composition of current dollar VIP in 1987 by category of construction) are held constant. Consequently, the index reflects only changes in prices. The implicit price deflator is a derived ratio of total current to constant dollar VIP (multiplied by 100). It is the average 0 See note "0" for p. S-9. J The unemployment rates are the number of unemployed in each group as a percent of the civilian labor force in that group. § Effective with the Sept. 1990 and June 1991 issues of the SURVEY, data have been revised, respectively back to April 1988 and April 1989, unadjusted, and back to Jan. 1985 and Jan. 1986, seasonally adjusted, to reflect new benchmarks and seasonal adjustment factors. The Sept. 1990 and June 1991 issues of Employment and Earnings contain detailed descriptions of the effects of these revisions. All of the revised historical series will be published in a special supplement to Employment and Earnings. This supplement, when combined with the historical bulletin, Employment, Hours, and Earnings, United States, 1909-90 will comprise the full historical series on national data obtained from the establishment survey. PageS-11 § See note Y for p. S-10. t 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. 0 Production and nonsupervisory workers. S-34 • April 1992 SURVEY OF CURRENT BUSINESS Page S-12 Page S-16 § See note y for p. S-10. <> Production and nonsupervisory workers. t Earnings in 1982 dollars reflect changes in purchasing power since 1982 by dividing by Consumer Price Index. Effective Feb. 1990 and 1991 issues of the SURVEY, this series has been revised, respectively, back to 1985 and 1986 to reflect new seasonal factors for the CPI-W. Revised data are available upon request. §§ Effective with the June 1991 SURVEY, data have been revised back to 1989 and are available upon request. Wages as of Apr. 1,1992: Common, $19.30; Skilled, $25.21. t Excludes farm, household, and Federal workers. @ Effective with the April 1990 SURVEY, the employment cost index is based on June 1989=100, rather than June 1981=100. Historical data for both June 1989 and June 1981 bases are available from the Bureau of Labor Statistics, Division of Employment Cost Trends, 441 G Street, N.W., Washington, DC 20212. # Series first shown in the July 1991 SURVEY. Wages and salaries are defined as the hourly straighttime wage rate or, for workers not paid on an hourly basis, straight-time earnings divided by the corresponding hours. Straight-time wage and salary rates are total earnings before payroll deductions, excluding premium or supplemental pay for overtime and for work on weekends and holidays, shin differentials, and nonproduction bonuses such as lump-sum payments provided in lieu of wage increases. Production bonuses, incentive earnings, commission payments, andcost-of-living adjustments are included in straight-time wage and salary rates. 1. The railroad average was discontinued by Moody's on July 13,1989. Therefore, the July average reflects only eight working days. 2. Effective Oct. 3,1990, the German Democratic Republic (GDR; East Germany) ceased to exist as a sovereign state and became a part of the Federal Republic of Germany. Accordingly, effective with the statistics for Oct. 1990, all merchandise imported from or exported to the former GDR will be included as trade with the Federal Republic of Germany. 3. Beginning Jan. 1991 data, Roadway Services, Inc. will be included in the Dow Jones Transportation Average replacing Pan Am Corp. Roadway Services is listed on the NASDAQ National Market System. Comparability with earlier averages is not affected by this change. 4. Beginning with Jan. 1992 data, the data include the republics of the former USSR, excluding Estonia, Latvia, and Lithuania. @ See note "4" for p. S-19 regarding the new commodity classification systems introduced Jan. 1989. Data may not equal the sum of the geographic regions, or commodity groups and principal commodities, because the revisions to the totals are not reflected in the component items. § Number of issues represents number currently used; the change in number does not affect the continuity of the series. t For bonds due or callable in 10 years or more. # Includes data for items not shown separately. 0 The March through August 1991 issues of the SURVEY showed month-end yields for 1991 rather than monthly averages. t Effective with the Mar. 1990 SURVEY, seas. adj. exports and imports have been revised back to Jan. 1988, and are available upon request. Page S-13 1. Effective Feb. 28,1989, there was a break in the series due to the enlargement of the panel of reporting dealers to 17 and of reporting direct issuers to 36. End of month figures on the old basis are as follows: All issuers, 481,734; financial companies, 373,717; dealer placed, 172,330; directly placed, 201,387; and nonfinancial companies, 108,017. 2. Average for Dec. # Includes data for items not shown separately. § Excludes loans and federal funds transactions with domestic commercial banks and includes valuation reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves). t Covers 50 States and the District of Columbia. Only regular benefits are included. @ Average weekly insured unemployment for 12-month period divided by average monthly covered employment (lagging 4 full quarters for annual figure and 2 full quarters for monthly figure). t Effective Oct. 1989 SURVEY, loans by loan type are provided by the Federal Farm Credit Banks Funding Corporation. 0 Effective with the April 1990 SURVEY, the reserves of depository institutions have been revised back to 1984 and are available upon request. Page S-14 1. Data are for fiscal years ending Sept. 30 and may include revisions not distributed to the months. 2. Weighted by number of loans. 3. Beginning Feb. 1988, data suspended by the Farm Credit Administration, which is revising the information it collects and amending the reports it distributes. 4. Beginning Sept. 1991, the Federal debt series are net of premium and discount. § Effective Mar. 1990 SURVEY, data have been revised to reflect new benchmark and seasonal adjustments and are available from the Banking and Money Market Statistics Section of the Division of Monetary Affairs at the Federal Reserve Board, Washington, DC 20551. # Includes data for items not shown separately. 0 Excludes loans to commercial banks in the U.S. } Rates on the commercial paper placed for firms whose bond rating is Aa or the equivalent. tt Courtesy of Metals Week, @ Average effective rate t Effective May 1990 SURVEY, the consumer installment credit series have been revised back to 1980 to incorporate new information and updated seasonal adjustment factors. These revisions are available upon request. # Series first shown in the June 1990 SURVEY. tt This series, first shown in the June 1990 SURVEY, represents the outstanding balances of loans that the loan originator has sold and are no longer earned on the loan originator's books. The loans are pooled and securities are issued on the pools. PageS-15 1. Beginning Jan. 1989, the primary public offering statistics have been discontinued by the Securities and Exchange Commission. 2. Effective April 1991 SURVEY, the Security Markets series have been discontinued. 3. Money market deposit accounts are included with savings deposits. t Effective Feb. 1992 SURVEY, the money stock measures and components have been revised and are available from the Banking Section of the Division of Research and Statistics at the Federal Reserve Board, Washington, D.C. 20551. it Includes ATS and NOW balances at all depository institutions, credit union share draft balances, and demand deposits at thrift institutions. ^ 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. PageS-17 1. Beginning with Jan. 1989 data, undocumented exports to Canada are now included, resulting in a break with Dec. 1988 data. 2. Beginning Jan. 1989, buses are excluded from "Motor vehicles and parts" and included in "Other manufactured goods," resulting in a break with Dec. 1988 data. 3. See note "2" for p. S-16. 4. See note "4" for p. S-16. @ See note "@" for p. S-16. t See note "f for p. S-16. # Includes data not shown separately. 0 Data include undocumented exports to Canada, which are based on official Canadian import totals. # Series first shown in the October 1991 SURVEY. The deflators for the constant dollar series are primarily based upon the monthly price indexes published by the Bureau of Labor Statistics using techniques developed for the National Income and Product Accounts by the Bureau of Economic Analysis. Page S-18 1. Reported annual total; quarterly or monthly revisions are not available. 2. For month shown. # Series first shown in the October 1991 SURVEY. Source: Bureau of Labor Statistics. # Includes data for items not shown separately. § Total revenues, expenses, and income for all groups of carriers also reflect nonscheduled service. t The threshold for Class I railroad status is adjusted annually by the Interstate Commerce Commission to compensate for inflation. 0 Average daily rent per room occupied, not scheduled rates. ## Data represent entries to a national park for recreational use of the park, its services, conveniences, and/or facilities. t Before extraordinary and prior period items. tt Effective with the Dec. 1989 SURVEY, data for 1981-88 have been revised and are available upon request. tt Effective with the Mar. 1990 SURVEY, data for 1985-89 have been revised and are available upon request. Page S-19 1. Reported annual total; monthly or quarterly revisions are not available. 2. Less than 500 metric tons. 3. Figure suppressed because it did not meet Census publication standards. 4. Beginning with 1989 data, merchandise trade data are based upon two new commodity classification systems; the International Harmonized System and, Revision 3 of the Standard International Trade Classification and, as a result, data may not be directly comparable to 1988 and earlier years. 5. Data are partially estimated for first three quarters of 1991 and are not available. Value for 4th quarter 1991 is based on partially estimated production data 6. Beginning in 1991, data are available only on a quarterly basis. 7. Data withheld to avoid disclosing figures for individual companies. # Includes data for items not shown separately. § Data are reported on the basis of 100 percent content of the specified material unless otherwise indicated. t Effective with the Jan. 1990 SURVEY, revisions for 1987-88 are available upon request. Page S-20 1. Reported annual total; monthly or quarterly revisions are not available. 2. Quarterly data are no longer available. 3. See note 4 for p. S-19. 4. Beginning in 1991, data are available only on a quarterly basis. § Data are not wholly comparable from year to year because of changes in classification. @ Includes less than 500 electric generation customers not shown separately, t Effective with the Jan. 1990 SURVEY, revisions for 1987-88 are available upon request. <0> Effective with the Dec. 1989 SURVEY, revisions for 1987-88 are available upon request. SURVEY OF CURRENT BUSINESS Page S-21 1. Previous year's crop. New crop is not reported until Sept. (crop year: Sept. 1-Aug. 31). 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. Series has been discontinued. 6. Stock estimates are available once a year as June 1 stocks and shown here in the May column and (as previous year's crop) in the annual column. 7. Stocks as of Dec. 1. 8. See note 4 for p. S-19. § Excludes pearl barley. @ Quarterly data represent the 3-month periods Dec.-Feb.t Mar.-May, June-Aug., and Sept.-Nov. Annual data represent Dec.-Nov. f Coverage for 21 selected States, representing approximately 85 percent of U.S. production. Page S-22 1. See note 4 for p. S-19. § Cases of 30 dozen. # Series first shown in the Jan. 1991 SURVEY. Page S-23 1. Crop estimate for the year. 2. Reported annual total; revisions not distributed to the months. 3. Data suppressed because they did not meet Census publication standards. 4. See note 4 for p. S-19. 5. Data withheld to avoid disclosing figures for individual companies. 6. Beginning in 1991, data are available only on a quarterly basis. # Totals include data for items not shown separately. Page S-24 1. 2. 3. 4. Reported annual total; monthly revisions are not available. See note 4 for p. S-19. Less than 500 tons. Beginning in 1990, monthly data have been discontinued. Page S-25 1. Reported annual total; monthly revisions are not available. 2. For month shown. 3. Effective with Jan. 1989, import data are for consumption; earlier periods of data are general imports. See also note 4 for p. S-19 regarding the introduction of new classification systems. 4. Beginning in 1990, monthly data have been discontinued. @ Includes domestic and foreign ores. § Source: Metals Week. Page S-26 1. Reported annual total; monthly revisions are not available. 2. Less than 50 tons. 3. See note 3 for p. S-25. 4. Break in comparability beginning Jan. 1,1991, because of a change in the Metals Week pricing series for zinc. 0 Includes secondary smelters' lead stocks in refinery shapes and in copper-base scrap, t Source for monthly data: American Bureau of Metal Statistics. Source for annual data: Bureau of Mines. # Indudes data not shown separately. t Effective April 1991 SURVEY, the materials handling index has been revised back to 1982 and now includes lift trucks. Revised data are available upon request. @@ Price represents North American Mean. @ Effective with the Sept. 1990 SURVEY, the new orders index numbers have been converted to a new base year of 1987=100. Data back to 1988 are available upon request. § Effective Mar. 1992 SURVEY, the fluid power indexes have a new base year of 1990. Historical data are available back to 1960. Page S-27 1. Annual total includes revisions not distributed to the months or quarters. 2. See note 4 for p. S-19. 3. Beginning in 1990, quarterly data have been discontinued. Annual data will continue to be available. 4. Beginning with May 1991 data, monochrome production numbers are no longer included. # Includes data for items not shown separately. § Includes nonmarketable catalyst coke. 0 Includes small amounts of "other hydrocarbons and alcohol new supply (field production)," not shown separately. JJ March, June, September and December are five-week months. All others consist of four weeks. April 1992 • S-35 Page S-28 1. Reported annual total; revisions not allocated to the months. 2. See note 4 for p. S-19. 3. Beginning May 1991, the leaded gasoline price is not statistically valid for publication. # Includes data for items not shown separately. Page S-29 1. Reported annual total; revisions not allocated to the months. 0 Source: American Paper Institute. Total U.S. estimated consumption by all newspaper users. See also note "f" for this page. § Effective with the October 1990 SURVEY, data have been revised back to 1989 to reflect adjustments made by the Rubber Manufacturers Association's Rubber Statistical Committee. J Effective with the October 1990 SURVEY, synthetic data consisting of Butyl, polyisoprene, polychloroprene, silicone, and other elastomers have been revised in keeping with data provided by the Census Bureau's MA30A report beginning in 1990. Also see note "§" on this page. # Compiled by the American Newspaper Publishers Association. t Effective with the March 1990 SURVEY, Canadian newsprint statistics have been revised back to Jan. 1982 to exclude supercalendered and some son-nip calendered paper that was originally classified as newsprint and is now classified as uncoated groundwood papers. This revision also affects estimated consumption. Revised data are available upon request. Page S-30 1. Reported annual total; revisions not allocated to the months. 2. Figure suppressed because it did not meet Census publication standards. 3. Data cover five weeks; other months, four weeks. 4. Beginning Jan. 1989, sales of industrial plasters are included with building plasters. 5. Jan. 1,1992 estimate of the 1991 crop. 6. Total for crop years, 1989/1990 and 1990/1991 respectively. 7. Data are available only on a quarterly basis. # Includes data for items not shown separately. 0 Cumulative ginnings to the end of month indicated. § Bales of 480 Ibs. Page S-31 1. Less than 500 bales. 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. See note 4 for p. S-19. 6. Beginning in 1990, data are available only on a quarterly basis. 7. Beginning in 1991, data are available only on a quarterly basis. 8. Based on weighted marketing price for Aug.-Nov. 1991. 9. Based on the average of Aug. 1991-Feb. 1992. 0 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). § Bales of 480 Ibs. t The total may include some miscellaneous wool imports. # Series first shown in the July 1990 SURVEY. Page S-32 1. Annual total includes revisions not distributed to the months. 2. Production of new vehicles (thous. of units) for Mar. 1992: passenger cars, 497; trucks and buses, 374. 3. Data are reported on an annual basis only. 4. See note 4 for p. S-19. 5. Beginning Jan. 1989, shipments of trailer bodies are included with trailer chassis to avoid disclosure of data from individual firms. 6. Effective with the Dec. 1991 SURVEY, data have been revised back to 1988 and are available upon request. 7. Data withheld to avoid disclosing figures for individual companies. # 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. 0 Courtesy of R.L. Polk & Co.; republication prohibited. Because data for some States are not available, month-to-month comparisons are not strictly valid. # Series first shown in the August 1990 SURVEY. Effective with the Dec. 1991 SURVEY, seasonally adjusted retail sales for trucks and buses have been revised back to 1989, and are available upon request. t Includes some imported trucks over 10,000 Ibs. GVW. j Excludes railroad-owned private refrigerator cars and private line cars. @ Effective with the Mar. 1992 SURVEY, seasonally adjusted retail inventories for trucks and buses have been revised back to 1977, and are available upon request. It BEA has temporarily suspended publishing domestic auto inventories and inventory/sales ratios because of inconsistencies in the source data used to derive these estimates. BEA is reviewing the source data and methodology, and will issue improved estimates in July. SURVEY OF CURRENT BUSINESS S-36 • April 1992 INDEX TO CURRENT BUSINESS STATISTICS 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 Rubber and rubber products Stone, clay, and glass products Textile products Transportation equipment 19, 20 20 20-23 23 23,24 24-27 27, 28 28,29 29 30 30-32 32 Footnotes 33-35 Individual Series Advertising 8,12 Aerospace vehicles 32 Agricultural loans 13 Air earner operations 18 Air conditioners (room) 27 Aircraft and parts 4,5,32 Alcohol, denatured and ethyl 19 Alcoholic beverages 8, 20 Aluminum 25 Apparel 2, 4-6, 8-12, 31, 32 Asphalt 28 Automobiles, etc 2-4,6, 8, 9,14,15,17, 32 Banking Barley Battery shipments Beef and veal Beverages Blastfurnaces, steel mills Bonds, issued, prices, sales yields Brass and bronze Brick Building and construction materials Building costs Building permits Business incorporation (new), failures Business sales and inventories Butter 13,14 21 27 22 8,17,20 3-5 15,16 26 30 2,4,5 7 7 5 2,3 21 Carpets 31 Cement 30 Cattle and calves 22 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 Construction: Contracts 7 Costs 7 Employment, unemployment, hours, earnings 10-12 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 Com 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 Debt, U.S. Government Deflator, PCE Department stores, sales, inventories Deposits, bank Dishwashers and disposers 5, 21 14 1 9 13,15 27 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 Employee-hours, aggregate, and indexes Employment and employment cost Exports (see also individual commodities) 1 20 1,15 8,9 12 8,9 5,22 2,20 2-5,10-12,15,27 11 10-12 16-18 Failures, industrial and commercial 5 Farm prices 5,6 Fats and oils 17 Federal Government finance 14 Federal Reserve System 13 Federal Reserve member banks 13 Fertilizers 19 Rsh 22 Flooring, hardwood 24 Flour, wheat 22 Ruid power products 26 Food products 2-6, 8,10-12,15,17,20-23 Foreign trade (see also individual commodities) 16-18 Freight cars (equipment) 32 Fruits and vegetables 5 Fuel oil 6,28 Fuels 2,6,17,27,28 Furnaces 27 Furniture 2,6,8-12 Gas, output, prices, sales, revenues Gasoline Glass and products Glycerin Gold Grains and products Grocery stores Gypsum and products Hardware stores Heating equipment Help-wanted advertising index Hides and skins Hogs Home loan banks, outstanding advances Home mortgages Hotels, motor hotels, and economy hotels Hours, average weekly Housefurnishings Household appliances, radios, and television sets Housing starts and permits Imports (see also individual commodities) Income, personal Income and employment tax receipts Industrial production indexes: By industry By market grouping Installment credit Instruments and related products Interest and money rates Inventories, manufacturers' and trade Inventory-sales ratios Iron and steel 2, 6, 20 28 30 19 14 5, 21, 22 9 30 8 26 12 6 22 8 8 18 11 2, 4-6,8,9 27 7 17,18 1 14 1,2 1,2 14 2-4,10-12 14 3,4,8,9 3 2,15,24,25 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 2,10-12 Mobile homes, shipments, installment credit 7,14 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 Jits 18 Newsprint New York Stock Exchange, selected data Nonferrous metals 29 16 2,4,5,15,25,26 Oats Oils and fats Orders, new and unfilled, manufacturers' Outlays, U.S. Government -. 21 17 4,5 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 (see also individual commodities) 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 Railroads Ranges and microwave ovens Rayon and acetate Real estate Receipts, U.S. Government Refrigerators Registrations (new vehicles) Rent (housing) Retail trade Rice Rubber and products (incl. plastics) 8,27' 12,16,18,32 27 31 8,13 14 27 32: 6 2,3, 5, 8-12,14,32 21 2-4, 6,10-12,29 Saving, personal Savings deposits Savings institutions Securities issued Security markets Services Sheep and lambs Shoes and other footwear Silver Spindle activity, cotton Steel and steel manufactures Stock market customer financing Stock prices, yields, sales, etc Stone, clay, glass products Sugar Sulfur Sulfuricacid Superphosphate Synthetic textile products : Tea imports Telephone carriers Television and radio Textiles and products Tin Tires and inner tubes Tobacco and manufactures Tractors Trade (retail and wholesale) Transit lines, urban Transportation Transportation equipment Travel Truck trailers Trucks Unemployment and insurance U.S. Government bonds U.S. Government finance Utilities Vacuum cleaners Variety stores Vegetables and Wages and salaries Washers and dryers Water heaters Wheat and wheat flour Wholesale trade Wood pulp Wool and wool manufactures Zinc 1 13 8,14 15 15,16 6,10-12 22: 23 14 31 24,25 15 16 2-4,10-12,15,30 23 19 19 19 31 23 19 27 2-4,10-12,15,30-32 26 29 2-4,10-12,23 27' 2,3,5,8-12,32 18 6,10-12,15,16,18 2-6,10-12,15,17,32 18 32 2,32 fruits 9,10,13 16 14 2, 6,7,15,16,20 27 .9 5 1,12 27 27 21,22 2,3,5,8,10-12 28 31 , 26 BEA INFORMATION BEA'S economic information is available in publications, on computer tapes, on diskettes, and through a variety of other products and services. Most of these are described in A User's Guide to BEA Information. For a copy, send a self-addressed stamped envelope (8 ¥2 by 11 inches, with 75 cents postage) to Public Information Office, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Available from GPO ORDER FROM; New Orders, Superintendent of Documents, P.O. Box 371954* Pittsburgh, PA 15250-7954. Payment may be by check (made payable to Superintendent of Documents) or charged to a GPO deposit account number, VISA, or MasterCard. Phone (202) 783-3238 or fax (202) 512-2250. and total and per capita personal income for regions, States, counties, and metropolitan areas. Vol. i. Summary: Regions, States, and Metropolitan Areas. Estimates for the United States, regions, States, and metropolitan areas. Also contains county definitions of metropolitan areas, a detailed description of sources and methods, and samples of tables available. 304 pp. $15,00 {GPO STOCK NO. 003-010-00216-6), Vol. 2. New England, Mideast, and Great Lakes Regions. (CT, 0E» 0c, IL, IN, ME, MD, MA, MI, NH, NJ, NY, OH, PA, RI, VT, Wl) 324 pp, $l6.0O (GPO STOCK NO. 003-O1O-00217-4), SURVEY OF CURRENT BUSINESS. Contains estimates and analyses of U,S, economic activity. Features include a review of current economic developments; articles pertaining to BEA*S work on the national, regional, and international economic accounts and related topics; quarterly national income and product accounts tables; a 28-page section of business cycle indicators containing tables for over 250 series and charts for about 130 series; and a 36-page section of current business statistics presenting over 1,900 major economic series obtained from public and private sources. Monthly* Annual subscription: $29,00 second class mail, $76,00 first class mail. Single copy: $8.00, Business Statistics, 1961-88. (1989) Provides monthly or quarterly data for 1985-88 and annual data for 1961-88 for series that appear in the SURVEY OF CURRENT BUSINESS. Also contains definitions of terms, sources of data, and methods of compilation, 328pp. $16.00 (GPO STOCK NO. 003-010-00198-4). NIPA Methodology Papers: No. i through No. 5: Available from NTIS (see box below). No. 6: Personal Consumption Expenditures, (1990) Presents the conceptual basis and framework of personal consumption expenditures in the national income and product accounts, Describes the presentation of the estimates and the sources and methods used to prepare them. 92 pp. $4.50 (GPO STOCK NO. 003-010-00200-0), The 1982 Benchmark Input-Output Accounts of the United States, (1991) Presents tables for 541 industries/commodities showing the production of commodities (goods and services) by each industry, the use of commodities by each industry, the commodity composition of GNP, and the industry distribution of value added. Prepared primarily on the basis of data collected in the 1982 Economic Censuses, 368 pp, $19.00 (GPO STOCK NO* 003-010-00226-3). Local Area Personal Income, 1984-89. (1991) Contains estimates of personal income by major type of payment and earnings by major industry, population, NIPA Methodology Papers 1 through 5 (photocopies) are available from the National Technical Information Service (NTIS). No, i: Introduction to National Economic Accounting. (1985) 19 pp. $12.50 (NTIS ACCESSION NO. PB 85-247567). No. 2: Corporate Profits: Profits Before Tax, Profits Tax Liability, and Dividends. (1985) 67 pp. $19.00 (NTIS ACCESSION NO, PB 85245397)* No,3: Foreign Transactions. (1987) 52pp. $19.00 (NTIS ACCESSION NO. PB 88-100649). No. 4: GNP: An Overview of Source Data and Estimating Methods. (1987) 36 pp. $17.00 (NTIS ACCESSION NO. PB 88-134838). No, 5: Government Transactions. (1988) 120 pp. $26,00 (NTIS ACCESSION NO. PB 90-118480), OR&ER FROM; U,S. Department of Commerce, National Technical Information Service, 5285 Port Royal Road> Springfield, VA 22161. Payment may be by check (made payable to NTIS) or charged to anNTis deposit account number, American Express, VISA, or Mastercard. Phone (703) 487-4650 or fax (703) 321-8547. Vol 3. Plains Region. (IA, KS, MN, MO, NE, ND» SD) 240 pp, $12.00 (GPO STOCK NO, 003-010-00218-2), VoL 4. SoutheastRegion. (At, AR, FI, GA, KY> IA, MS, NC, sc, TN, VA, wv) 376 pp. $18.00 (GPO STOCK NO, 003-010-00219-1). VoL 5. Southwest, Rocky Mountain, and Far West Regions and Alaska and Hawaii ( AK, AZ, CA, co, HI, ID, MT, NV, NM, OK, OR, TX, UT, WA, WY) 328 pp. $16,00 (GPO STOCK NO* 003-010-00220-4), BEA Regional Projections to 2040, (1990) Three volumes. Presents regional projections for selected economic and population variables for 1995,2000,2005, 2010,2020, and 2040. Includes projections for employment and earnings by industry and for personal income, as well as a statement of methodology, VoL i: States. 144 pp, $7.50 (GPO STOCK NO. 003-010-00199-2), Vol 2: Metropolitan Statistical Areas, 352 pp. $17.00 (GPO STOCK NO. 003-01000211-5), VoL 3: BEA Economic Areas. 200 pp. $10,00 (GPO STOCK NO, 003-010*002123). The Balance of Payments of the United States: Concepts, Data Sources, and Estimating Procedures. (1990) Describes in detail the methodology used in constructing the balance of payments estimates for the United States, Explains underlying principles, and describes the presentation of the estimates, Includes a comprehensive list of data sources. 160 pp, $8.50 (GPO STOCK NO, 003-010* 00204-2), Foreign Direct Investment in the UnitedStates: Operations of U.S. Affiliates of Foreign Companies. (1991) Contains information on the financial structure and operations of nonbank U.S, affiliates of foreign direct investors. Data are classified by industry of U.S. affiliate, by country and industry of ultimate beneficial owner, and, for selected data, by State. 92 pp. $5,00 each. Preliminary 1989 Estimates; GPO STOCK NO, 003-010-00223-9; Revised 1988 Estimates: GPO STOCK NO. 003-010-00224-7. Foreign Direct Investment in the United States: 1987 Benchmark Survey, Final Results. (1990) Contains information for 1987 on the financial structure and operations of U.S. affiliates of foreign direct investors, on the foreign direct investment position in the United States, and on balance of payments transactions between U.S. affiliates and their foreign parents. Data are classified by industry of affiliate, by country and industry of ultimate beneficial owner or foreign parent, and, for selected data, by State. Also contains a complete methodology and copies of survey forms and instructions. 284 pp, $14.00 (GPO STOCK NO. 003-010-00210*7). Foreign Direct Investment in the United States; Balance of Payments and Direct Investment Position Estimates, 1980-86, (1990) Contains final estimates of the foreign direct investment position in the United States and of balance of payments transactions between U,S, affiliates and their foreign parentgroupsfor calendar years 1980 86. Includes estimates by country of foreign parent and industry of U.S. affiliate. Most of the estimates in this publication appeared earlier in various issues of the SURVEY OF CURRENT BUSINESS. 56 pp. $3.00 (GPO STOCK NO. 003-010-00215-8). U.S. Direct Investment Abroad: 1989 Benchmark Survey, Preliminary Results. (1991) Presents preliminary results of the latestbenchmark survey of the worldwide operations of U.S. multinational companies. Contains detailed 1989 data on the financial structure and overall operations of U.S. parent companies and their foreign affiliates in 91 tables organized by country and by industry. 120 pp. $5.50 (GPO STOCK NO, 003-010-00225-5),