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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.
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The Secretary of Commerce has determined that
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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

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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.

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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
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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

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