Full text of Survey of Current Business : April 2009
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BEA’s MONTHLY JOURNAL APRIL 2009 Su r v eyo f C u r r en tB u sin ess In This Issue . . . U.S. International Transactions for the Fourth Quarter of 2008 and the Year 2008 Regional Quarterly Report State Personal Income for the Fourth Quarter of 2008 and the Year 2008 A Look at Regional Multipliers S9BEA BUREAU OF ECONOMIC ANALYSIS U.S. DEPARTMENT OF COMMERCE ECONOMICS AND STATISTICS ADMINISTRATION U.S. Department of Commerce Gary Locke, Secretary Economics and Statistics Administration Bureau of Economic Analysis J. Steven Landefeld, Director Rosemary D. Marcuss, Deputy Director Ana M. Aizcorbe, C hief Economist Brian M. Callahan, C hief Information Officer Dennis J. Fixler, C hief Statistician Brent R. Moulton, Associate Director for National Economic Accounts Brian C. Moyer, Associate Director for Industry Accounts Joel D. Platt, Associate Director for Regional Economics Obie G. Whichard, Associate Director fo r International Economics BEA Advisory Committee The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA’s national, regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from innovative and advancing technologies, and it provides recommendations from the perspective of business economists, academicians, researchers, and experts in government and international affairs. Dale W. Jorgenson, Chair, Harvard University Alan J. Auerbach, University o f California, Berkeley Richard B. Berner, Morgan Stanley Michael J. Boskin, Stanford University Barry P. Bosworth, The Brookings Institution Susan M. Collins, University o f Michigan Robert J. Gordon, Northwestern University Maurine A. Haver, Haver Analytics, Inc. Charles R. Hulten, University o f Maryland Therese J. McGuire, Northwestern University William D. Nordhaus, Yale University Joel L. Prakken, Chairman, Macroeconomic Advisers, LLC Andrew D. Reamer, The Brookings Institution James Kim, Editor-in-Chief M. Gretchen Gibson, M anaging Editor Kristina L. Maze, Production M anager Wm. Ronnie Foster, Graphic Designer Colby Johnson, Graphic Designer Danielle M. Wittenberg, Editor Elizabeth M. Terroni, Intern The S u r v e y o f C u r r e n t b u s i n e s s (ISSN 0 0 3 9 -6 2 2 2 ) is published monthly by the Bureau of Econom ic Analysis of the U.S. Depart ment of Com merce. Send editorial correspondence to custom erservice@bea.gov. Subscriptions to the S u r v e y o f C u r r e n t b u s i n e s s are maintained, and the prices are set, by the U.S. Government Printing Office, an agency of the U.S. Congress. To subscribe call 2 0 2 -5 1 2 -1 8 0 0 or go to bookstore.gpo.gov. Subscription and single-copy prices Second-class mail: $63.00 domestic, $88.20 foreign First-class mail: $105.00 Single copy: $25.00 domestic, $35.00 foreign The information in this journal is in the public domain and maybe re printed without the permission of the Bureau of Economic Analysis. Citation of the S u r v e y o f C u r r e n t b u s i n e s s as thesource is appreciated. The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of the public business required by law of the Department. Su r v eyo f C u rren tB usiness April 2009 1 Volume 89 • Number 4 GDP and the Economy: Final Estimates for the Fourth Quarter of 2008 Real GDP decreased 6.3 percent after decreasing 0.5 percent in the third quarter, reflecting a downturn in exports and a larger decrease in investment in equipment and software. Corporate profits fell 16.5 percent, the largest drop since the fourth quarter of 1953. 6 Government Receipts and Expenditures: Fourth Quarter of 2008 Net government saving decreased $11.3 billion to -$658.9 billion. Net federal government saving decreased $17.5 billion to -$561.5 billion. Net state and local government saving increased $6.2 billion to -$97.4 billion. 9 Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the Fourth Quarter of 2008 These statistics, including those for inventories for manufacturing by stage of fabrication, have been updated. 12 U.S. International Transactions: Fourth Quarter of 2008 and Year 2008 The current-account deficit decreased to $132.8 billion from $181.3 billion in the third quarter, mainly reflecting a decrease in the deficit on goods. In 2008, the deficit decreased to $673.3 billion from $731.2 billion in 2007. www.bea.gov April 2009 II 55 Regional Quarterly Report State personal income statistics for the fourth quarter of 2008 and annual statistics for the year 2008, a look at RIMS II multipliers, and a summary of three widely used measures of personal income. D-1 BEA Current and Historical Data iii Director’s Message iv Taking Account BEA’s Web Site and Contacts (inside back cover) Schedule of Upcoming News Releases (back cover) Looking Ahead Preview of the Upcoming 2009 Comprehensive NIPA Revision. Statistical changes to the NIPAs. Local Area Personal Income. Estimates for states, counties, and metropolitan areas for 2005-2007. Annual Industry Accounts. Advance statistics for 2008. /// April 2009 Director’s Message ............................... I ■■ ■ ii....................................................................... ......................... * i ii ........................ . ' ................. ............. In this issue of the S u r v e y o f C u r r e n t B u s i n e s s , the Regional Quar terly Report offers an overview of the RIMS II multipliers pro vided by the Bureau of Economic Analysis (BEA). These multipliers are widely used to analyze the impact on a local econ omy of various economic activities, such as a construction project or a new regulation on a specific industry. These multipli ers, however, are not appropriate for macroeconomic analysis at the national level. The Regional Quarterly Report also looks at the most recent state personal income statistics. For the fourth quar ter of 2008, personal income declined in 41 states. Nationally, current-dollar personal income fell 0.2 percent, the first decline since the first quarter of 2004. Elsewhere in this issue, we discuss the balance of payments sta tistics for the fourth quarter of 2008; the current-account deficit continued to fall. Also, final fourth-quarter statistics on gross domestic product and government receipts and expenditures are presented in easyto-read layouts. A note about outreach: BEA has developed a new communica tions plan that focuses on the specific interests and needs of our statistics users and other interested parties. The plan calls for en hancements to the Web site, new media relations efforts, a con tinued presence at professional conferences, and updated publications. As always, we welcome any suggestions and comments at customerservice@bea.gov. April 2009 iv Taking Account... A new method to measure R&D output prices While the role of research and development (R&D) in the economy has generated a vast literature, relatively little atten tion has been paid to how R&D should actually be measured. In a recent paper available on the BEA Web site, BEA economists Dennis Fixler and Adam Cope land suggest a new framework for estimating R&D output and output prices, thus allowing for a time series of real output. The issue is timely, as the Bu reau of Economic Analysis (BEA) works to refine its R&D satellite account with an eye on incorporating R&D spending as an investment in its national ac counts beginning in 2013. Fixler and Copeland’s ap proach starts with a model of profit-maximizing innovators that develop R&D output that is sold to downstream firms. They then use the model to analyze the determinants of R&D output prices and price changes. A key result is that the price of an R&D innovation is equal to the change in the downstream firm’s profits attributable to the adop tion of the R&D innovation. Because of data limitations, the authors applied this ap proach to the scientific R&D ser vices industry. The industry closely fits the model because the primary source of receipts for these establishments is the sale of R&D services. Further, more than 70 percent of estab lishments in the industry are single-unit establishments, which dovetails well with the model. Compared with the pharmaceutical or semiconduc tor industries, the scientific R&D services industry provides a relatively clean look at the pro duction of innovation. However, even with the Cen sus Bureau data, the authors did not have enough information to directly apply the model to esti mate R&D output prices. In general, this is difficult because R&D output prices reflect future profit flows attributable to new R&D. Accordingly, the authors used an indirect measure of R&D output price changes. Using in dustry revenue data with appro priate quantity indexes, they constructed an R&D output price index that showed an aver age annual price change of 5.81 percent between 1987 and 2005. Over this period, the growth rate of price change decelerated; for the first half of the period, the average annual price change is 6.53 percent, while in the second half it is 5.01 percent. Using the index, the authors also found that scientific R&D services’ real revenues grew at an average an nual rate of 2.64 percent. Because the output of these establishments typically contrib utes to one-quarter of total R&D expenditures, the deflation of nominal output has large effects on real total R&D expenditures. For total R&D expenditures, the authors developed a two-priceindex approach. For R&D ex penditures for which there are market-based data, they used their output-based price index. For those R&D expenditures without any market-based data, about three-fourths of the total, they used an aggregate inputcost price index, which is com monly used as a deflator for R&D expenditures. Their ap proach stands in contrast to the traditional method of only using an input-cost price index. The difference was notable. Using only an aggregate inputcost price index to deflate nomi nal total R&D expenditures dra matically overstated the average growth rate of real total R&D ex penditures. Over an 18-year period, using only an aggregate input-cost price index overstated the level of real total R&D expenditures by 14 percent, the authors found. Budget translation article coming in June The annual article that provides federal government statistics based on the proposed budget of the U . S . government will appear in the June issue of the S u r v e y o f C u r r e n t B u s in e s s . Traditionally, this article ap pears in the March issue. How ever, this year, the detailed 2010 federal budget will be released later than usual, necessitating a later publication date. Every year, BEA provides this article to allow for more detailed analysis of the macroeconomic effects of the budget. April 2009 1 GDP and the Economy Final Estimates for the Fourth Quarter of 2008 EAL GROSS domestic product (GDP) decreased 6.3 percent in the fourth quarter after decreasing 0.5 percent in the third quarter, according to the “fi nal” estimates of the national income and product ac counts (chart 1 and table l ) .1 The fourth-quarter decrease, revised down 0.1 percentage point from the “preliminary” estimate, was the largest decrease since the first quarter of 1982.2 The larger fourth-quarter decrease in the percent change in real GDP primarily reflected a sharp down turn in exports and a much larger decrease in invest ment in equipment and software (see page 3). In contrast, imports decreased much more in the fourth quarter than in the third quarter.3 • Prices of goods and services purchased by U.S. resi dents decreased 3.9 percent in the fourth quarter after increasing 4.5 percent in the third quarter. Energy prices turned down sharply, and food prices decelerated. Excluding food and energy, gross domes tic purchases prices increased 1.2 percent after increasing 2.8 percent. •Real disposable personal income (DPI) increased 2.7 percent in the fourth quarter; in the third quarter, real DPI decreased 8.5 percent. The upturn reflected a sharp downturn in the personal consumption expenditures price deflator that is used to deflate current-dollar DPI and a smaller decrease in currentdollar DPI, which decreased 2.3 percent after decreasing 3.9 percent. •The personal saving rate was 3.2 percent in the fourth quarter; in the third quarter, it was 1.3 percent. • Corporate profits decreased $250.3 billion, or 16.5 percent at a quarterly rate, after decreasing $18.5 bil lion. The fourth-quarter decrease was the largest per centage decrease since the fourth quarter of 1953. R Chart 1. GDP, Prices, Disposable Personal Income (DPI) Real GDP: Percent change from the preceding quarter S e aso n ally adjusted annual rates 4 2 0 ___i u -2 -4 2005 2006 2007 2008 Contributions to the percent change in real GDP in 2008:1V I C o n su m er spending Nonresidential fixed investment Imports i G overnm ent spending -4 -3 - 2 - 1 0 1 2 Percentage points at an annual rate Prices: Percent change from the preceding quarter P rices of gross dom estic purchases 2005 2006 2007 2008 Real DPI: Percent change from the preceding quarter 1. “Real” estimates are in chained (2000) dollars, and price indexes are chain-type measures. 2. Each GDP estimate for a quarter (advance, preliminary, and final) incorporates increasingly comprehensive and improved source data. More information can be found at www.bea.gov/about/infoqual.htm and www.bea.gov/faq/national/gdp_accuracy.htm. Quarterly estimates are ex pressed at seasonally adjusted annual rates, which assumes that a rate of activity for a quarter is maintained for a year. 3. In this article, “consumer spending” refers to the “personal consump tion expenditures,” “inventory investment” refers to “change in private inventories,” and “government spending” refers to “government consump tion expenditures and gross investment.” 12 10 8 6 4 2 0 -2 -A -1 0 I J___I I 2005 Christopher Swann prepared this article. U.S. Bureau of Economic Analysis I J___I___I___I __I___I___ I __ I __ L _ _ _ 2006 2007 2008 GDP and the Economy 2 April 2009 Real G D P O verview Table 1. Real Gross Domestic Product and Components Consumer spending decreased more in the fourth quarter than in the third quarter, the largest decrease since the second quarter of 1980. The decrease re duced the percent change in real GDP by 2.99 percent age points and reflected larger decreases in spending for goods. Spending for services turned up. [Seasonally adjusted at annual rates] Share of currentdollar GDP (percent) Change from preceding period (percent) Contribution to percent change in real GDP (percentage points) 2008 2008 2008 III IV 2.8 -0 .5 -6.3 1.2 -3 .8 -4.3 0.61 8 - 1 4 8 -? ? 1 -0 .3 3 IV I II Gross domestic product1 ... 100.0 0.9 Personal consumption expenditures.............................. 69.9 0.9 Durable goods............................. Nondurable goods...................... Services...................................... 6.7 -4 3 20.0 -0 .4 ?4 Gross private domestic investment................................. Fixed investment........................ 13.4 -*> 8 -11 S 13.7 -5 .6 - 1 .7 Nonresidential........................ 10.6 2.4 2.5 Structures........................... Equipment and software.... 4.0 8.6 18.5 6.6 -0 .6 - 5 .0 43.3 Residential.............................. Change in private inventories.... 3.9 -7.1 0.7 -9 .4 -n 1 II 0.9 2.8 - III -0.5 -1 .1 6 -1 .6 7 0.80 -1 .5 7 -1 .9 7 1.02 0.28 -0 .0 3 0.66 1S 0 4 -? 3 0 - 0 89 -1 74 -0 .8 6 21.7 0.26 - 9.7 0 06 -3.47 -0 .7 9 -3 .3 6 0.27 -0 .1 9 -2 .5 6 -0 .2 5 - 9 .4 0.30 0.64 -7 .5 -2 8 .1 -0 .0 4 -0 .3 7 13.3 - 1 6 .0 - 22.8 0.3 Net exports of goods and services...................................... -3.8 Exports........................................ 12.1 5.1 12.3 3.0 Goods...................................... Services.................................. 8.2 4.5 16.3 3.7 -3 2 .0 4.0 6.4 3.8 1.4 -6.3 -0 .0 8 -5 .3 -2 2 .0 -1 .7 IV 0.87 -2.75 -2.99 -0 .21 - 1.12 -0 .5 2 - 3.1 -2 5 .1 - -? I 0.02 -1 .5 0 0.36 -0 .3 8 -0 .5 5 - - 0.11 0.77 - 23.6 -1 .5 2.93 1.05 -0.15 0.63 1.54 0.40 -3 .4 4 0.39 1.39 0.34 -3 .3 8 0.24 0.15 0.06 -0 .0 6 Imports........................................ 16.0 - 0 .8 - 7.3 -3 .5 -1 7 .5 0.14 1.39 0.65 3 .2 9 s Goods...................................... Services.................................. 13.1 -2 .0 -7 .1 -4 .7 -1 9 .6 0.29 1.14 0.74 3.09 -8 .0 3.3 -6 .7 -0 .1 5 0.25 -0 .0 9 0.20 2.8 5.5 Government consumption expenditures and gross investment................................. 20.5 1.9 3.9 5.8 1.3 0.38 0.78 1.14 0.26 Federal........................................ 7.8 5.8 6.6 13.8 7.0 0.41 0 .4 / 0 .9 / 0 .5 2 , National defense.................... Nondefense............................. 5.3 7.3 7.3 18.0 3.4 0.34 0.36 0.85 0.18 2.5 2.9 5.0 5.1 15.3 0.06 0.11 0.12 0.34 12.7 -0 3 2.5 13 -? n -0 .0 3 0.31 0.17 -0 .2 5 0.9 4.4 -1 .3 -6 .2 0.89 4.32 3.5 4.2 4.5 -3 9 2.6 1.1 3.9 0.5 State and local........................... Addenda: Final sales of domestic product Gross domestic purchases price index........................................ GDP price index.......................... -1 .3 5 Residential investment decreased 22.8 percent after decreasing 16.0 percent. It was the twelfth consecutive quarter of decline. -2 .1 8 0.60 -0 .8 0 0.84 Nonresidential fixed investment decreased much more in the fourth quarter than in the third quarter. It was the largest decrease since the first quarter of 1975. The fourth-quarter decrease reflected a much larger de crease in equipment and software and a downturn in nonresidential structures. -6 .2 3 1. The estimates of GDP under the contribution columns are also percent changes. Note. Percent changes are from NIPA table 1.1.1, contributions are from NIPA table 1.1.2, and shares arefrom NIPA table 1.1.10. Inventory investment turned down. It reduced the percent change in real GDP by 0.11 percentage point after adding 0.84 percentage point. Exports turned down sharply, the first decrease since the second quarter of 2003 and the largest decrease since the fourth quarter of 1971. The downturn re flected widespread downturns in exports of goods. Ex ports of services also turned down. Imports decreased much more than in the third quar ter, decreasing 17.5 percent after decreasing 3.5 per cent. It was the fifth consecutive quarter of decline in imports and the largest decrease since the third quar ter of 1980. Federal government spending slowed, reflecting a de celeration in national defense spending that was partly offset by an acceleration in federal nondefense spend ing. GDP and Gross Domestic Purchases In addition to gross domestic product (GDP), another related measure of economic growth—gross domestic pur chases— is included in the national income and product accounts (NIPAs). GDP measures the market value of final goods and ser vices produced by labor and property in the United States, including the goods that are added to, or subtracted from, inventories. GDP is defined as the sum of consumer spend ing, business and residential investment, inventory invest ment, government spending, and exports less imports. Gross domestic purchases is defined as GDP less exports plus imports. It measures domestic demand for goods and services regardless of their origin. Exports represent foreign demand for U.S. goods and services. Subtracting exports from GDP yields a measure of expenditures that focuses on domestic buyers. Imports can be viewed as the value of goods and services that exceed the domestic supply and that expand the consumption and investment alternatives for domestic purchasers. Differences between GDP and gross domestic purchases reflect patterns in imports less exports: As imports exceed exports, gross domestic purchases exceeds GDP. For annual and quarterly estimates of these measures, see NIPA tables 1.4.1 and 1.4.3-1.4.6. See also “ Guide to the National Income and Product A Accounts of the United States” at www.bea.gov/national/ pdf/nipaguid.pdf. For a related discussion about GDP prices and gross domestic purchases prices, see FAQ 499. April 2009 S urv ey o f C u rren t B usiness 3 Revisions to GDP Table 2. Preliminary and Final Estimates for the Fourth Quarter of 2008 [Seasonally adjusted at annual rates] Change from preceding quarter (percent) Prelim inary Gross private domestic investment............. Fixed investment....................................... Nonresidential....................................... Structures......................................... Equipment and software...................... Residential............................................ Change in private inventories...................... Final Prelim m inus inary prelim inary Final -6.3 - -4 .3 0.0 0.0 - 0.2 0.1 - - 22.1 - 22.1 -9 .2 - -9 .4 1.4 1.5 20.8 -23.0 - Final m inus prelim inary -0.1 6.2 -6.3 -3.01 -2.99 0.02 -1 .6 7 -1 .6 7 0.00 -1 .9 5 -1 .9 7 -0 .0 2 0.61 0.66 0.05 2.2 -3.11 -3.47 -0.36 - 22.0 -0 .7 -3 .2 6 -3 .3 6 -0 .1 0 - 0.6 -2 .4 8 -2 .5 6 -0 .0 8 -5 .9 -9 .4 -3 .5 0.24 -0 .3 8 -0 .1 4 -2 8 .8 -28 .1 0.7 -2 .2 4 -2 .1 8 - 0.6 -0 .7 8 -0 .8 0 -0 .0 2 0.16 -0 .11 -0 .2 7 The largest contributor to the downward revision to nonresidential structures was commercial and health care structures. 0.06 22.8 - - 21.1 22.2 - - -2 3 .6 -2 3 .6 -3 3 .6 Services............................................... Imports.................................................... Goods.................................................. Services................................................ Addenda: Final sales of domestic product................... Gross domestic purchases price index........ GDP price index....................................... . Final -2 1 .7 -2 1 .3 Net exports of goods and services............. Exports.................................................... Goods.................................................. Government consumption expenditures and gross investment..................................... Federal.................................................... National defense.................................... Nondefense.......................................... State and local......................................... 0.1 6.2 -4.3 Gross domestic product (GOP)1........... Personal consumption expenditures........... Durable goods.......................................... Nondurable goods..................................... Services.................................................. Contribution to percent change in real GDP (percentage points) Real GDP decreased 6.3 percent in the fourth-quarter final estimate, 0.1 percentage point more than in the preliminary estimate. The average revision (without regard to sign) between the preliminary estimate and the final estimate is 0.3 percentage point. The down ward revision to the percent change in real GDP pri marily reflected downward revisions to inventory investment, to exports of services, and to nonresiden tial structures that were partly offset by a downward revision to imports of services and an upward revision to exports of goods. - -0.46 -0.15 0.31 -3 .4 4 -3 .4 4 0.00 -32.0 0.0 1.6 -3.58 -3.38 3.5 -1 .5 -5 .0 0.14 -1 6 .0 -1 7 .5 -1 .5 2.99 3.29 0.30 -1 9 .4 -1 9 .6 - 0.2 3.06 3.09 0.03 2 .7 -6.7 - 9 .4 -0 .0 8 0.20 0.28 1.6 1.3 -0.3 0.32 0.26 -0.06 6.7 7.0 0.3 0.50 0.52 0.02 3.1 3.4 0.3 0.16 0.18 0.02 15.1 15.3 0.34 0.34 0.00 -1 .4 - 2.0 0.2 - 0.6 -0 .1 8 -0 .2 5 -0 .0 7 -6 .4 - 6.2 -6 .41 -6 .2 3 0.18 -4 .1 -3 .9 0.5 0.5 The downward revision to inventory investment was more than accounted for by a downward revision to manufacturing inventories. 0.2 0.2 0.0 - 0.06 0.20 - 0.20 The upward revision to exports of goods primarily re flected a revision to industrial supplies and materials. The downward revision to exports of services was widespread. The largest contributor to the revision was “other” transportation. The downward revision to imports of services was also widespread. The largest contributor to the revision was “other” transportation. 1. The estimates for GDP under the contribution columns are also percent changes. Source Data for the Final Estimates The final estimates of gross domestic product for the fourth quarter of 2008 incorporated the following source data. Personal consumption expenditures: Retail sales for December (revised) and quarterly services survey for the fourth quarter (new). Nonresidential fixed investment Construction spending (value put in place) for November and December (revised) and quarterly services survey for the fourth quarter (new). Residential fixed investment: Construction spending (value put in place) for November and December (revised). Change in private inventories: Manufacturers’ and trade inventories for November and December (revised) and Producer Price Index for October (revised). Exports and imports o f goods and services: International transactions accounts data for services for the third and fourth quarters (revised), goods data for December (revised), and export and import prices for October, November, and December (revised). Government consumption expenditures and gross invest ment: State and local government construction spending (value put in place) for November and December (revised). GDP prices: Export and import prices for October, November, and December (revised), unit value index for petroleum imports for December (revised), and prices of single-family houses under construction for the fourth quarter (revised). GDP and the Economy 4 April 2009 C orporate Profits Table 3. Corporate Profits Corporate profits from current production decreased $250.3 billion, or 16.5 percent, in the fourth quarter after decreasing $18.5 billion, or 1.2 percent, in the third quarter. Third-quarter profits had been reduced by $46.2 billion because of Hurricane Ike. [Seasonally adjusted] Billions of dollars (annual rate) Level Change from preceding quarter Percent change from preceding quarter (quarterly rate) 2008 2008 2008 I II 1,264.5 -17.6 -60.2 -18.5 -250.3 5.4 -35.3 -23.4 -267.8 868.6 -1.1 0.4 -3.8 -3.0 37.3 -31.0 -75.5 -178.7 10.1 -7.6 -20.0 -59.3 IV I III II IV III IV Current production measures: Corporate profits........................ Domestic industries............... Financial.............................. 122.4 Nonfinancial................... 746.2 Rest of the world.................... Receipts from the rest of the world.......................... Less: Payments to the rest of the world..................... Less: Taxes on corporate income................................ Equals: Profits after ta x ............. Net dividends......................... -1.2 -16.5 -2.0 -23.6 -4.2 52.1 -89.1 -3.9 -0.5 6.7 -10.7- 395.9 -22.8 -25.0 4.9 17.5 -5.4 -6.3 1.3 -32.1 4-6 479.8 3.7 8.9 -10.4 -75.5 0.7 1.6 -1.8 -13.6 83.9 26.5 33.9 -15.3 -93.0 20.1 21.4 -8.0 -52.6 13.3 -130.3 -7.0 1.0 -3.3 -33.1 -5.2 -120.1 -5.3 -32.8 1.1 -5.4 2.0 1.7 -0.5 -10.7 -0.6 -3.9 -0.9 -21.8 0.1 -3 1 .2 263.2 -30.6 1,001.2 808.3 3.9 13.0 -64.1 16.1 13.9 - Undistributed profits from current production.............. 192.9 -3.1 -78.1 0.3 -87.4 Net cash flow.............................. 1,222.6 10.1 -60.5 43.1 -97.0 0.8 -4.5 3.4 -7.4, Note. Levels of these and other profits series are shown in NIPA tables 1.12,1.14,1.15, and6.16D. Profits of domestic financial corporations decreased $178.7 billion, or 59.3 percent, after decreasing $75.5 billion, or 20.0 percent. Profits of domestic nonfinancial corporations de creased $89.1 billion, or 10.7 percent, after increasing $52.1 billion, or 6.7 percent. Profits from the rest of the world increased $17.5 bil lion, or 4.6 percent, after increasing $4.9 billion, or 1.3 percent. The acceleration reflected a larger decrease in payments than in receipts. Taxes on corporate income decreased $130.3 billion, or 33.1 percent, after decreasing $13.3 billion, or 3.3 percent. Net dividends decreased $32.8 billion, or 3.9 percent, after decreasing $5.3 billion, or 0.6 percent. Undistributed corporate profits (a measure of net sav ing that equals after-tax profits less dividends) de creased $87.4 billion, or 31.2 percent, after increasing $0.3 billion, or 0.1 percent. Net cash flow decreased $97.0 billion, or 7.4 percent, after increasing $43.1 billion, or 3.4 percent. Measuring Corporate Profits Corporate profits is a widely followed economic indicator used to gauge corporate health, assess investment condi tions, and analyze the effect on corporations of economic policies and conditions. In addition, corporate profits is an important component in key measures of income. BEA’s measure of corporate profits aims to capture the income earned by corporations from current production in a manner that is fully consistent with the national income and product accounts (NIPAs). The measure is defined as receipts arising from current production less associated expenses. Receipts exclude income in the form of dividends and capital gains, and expenses exclude bad debts, natural resource depletion, and capital losses. Because direct estimates of NIPA-consistent corporate profits are unavailable, BEA derives these estimates in three steps. First, BEA measures profits before taxes to reflect corpo rate income regardless of any redistributions of income through taxes. Estimates for the current quarter are based on corporate earnings reports from sources including Cen sus Bureau quarterly financial reports, Federal Deposit Insurance Corporation call reports, other regulatory reports, and tabulations from corporate financial reports. The estimates are benchmarked to Internal Revenue Ser vice data when the data are available for two reasons: the data are based on well-specified accounting definitions, and they are comprehensive, covering all incorporated businesses—publicly traded and privately held—in all industries. Second, to remove the effects of price changes on inven tories valued at historical cost and of tax accounting for inventory withdrawals, BEA adds an inventory valuation adjustment that values inventories at current cost. Third, to remove the effects of tax accounting on depre ciation, BEA adds a capital consumption adjustment (CCAdj). CCAdj is defined as the difference between capi tal consumption allowances (tax return depreciation) and consumption of fixed capital (the decline in the value of the stock of assets due to wear and tear, obsolescence, acci dental damage, and aging). April 2009 S u rv ey o f C u rren t B usiness 5 Corporate Profits by Industry Table 4. Corporate Profits by Industry Profits with inventory valuation adjustment decreased $250.2 billion, or 15.6 percent in the fourth quarter. The difference between this decrease and the decrease in profits from current production reflects the capital consumption adjustment, which decreased $0.1 bil lion. [Seasonally adjusted] Billions of dollars (annual rate) Percent change from preceding quarter (quarterly rate) Change from preceding quarter Level 2008 2008 IV I II 2008 III IV I II III IV Industry profits: Profits with IVA.................... Domestic industries 1 , 352.6 - 178.7 -45.5 6.8 - 250.2 -9.8 - 2.8 956.7 - 155.8 - 20.6 1.9 - 267.7 - 11.1 -1 .7 74.4 -177.9 5.2 -7.2 1.1 22.8 - 10.6 0.4 -1 5 .6 / 0.2 - 2 1 .9 ' 19.4 -57.6 Financial...................... 130.9 20.4 -29.6 Nonfinancial................. 825.8 -176.3 9.1 76.3 - 89.8 -17.5 - 2.8 -41.4 13.1 -10.4 -26.9 -17.7 -38.7 - 10.1 20.7 -17.3 1.9 8.5 9.4 -6.3 1.7 -3.4 -9.7 -20.4 0.3 1.3 -9.5 4.6 Utilities..................... Manufacturing......... Wholesale trade...... Retail trad e.............. Transportation and warehousing........ Information............... Other nonfinancial... Rest of the w orld............. - Profits of domestic industries decreased $267.7 bil lion, or 21.9 percent, after increasing $1.9 billion, or 0.2 percent. - 9.1 -9.8 56.3 231.2 105.2 75.8 -17.0 -51.6 -31.0 -12.5 10.5 -25.6 -19.3 2.4 57.7 32.7 -€.5 24.4 82.6 250.4 395.9 -13.3 -11.9 -38.9 - 22.8 0.4 9.0 0.4 - 11.2 23.8 -25.0 0.8 - 0.8 - 21.2 -26.2 4.9 17.5 -35.4 - 10.1 -13.4 -5.4 -0.9 -56.3 -499.2 -7.6 - 0.1 -3.2 -29.5 -4.8 -44.6 -43.1 -368.9 63.1 249.0 -7.7 -0.4 -3.2 -28.4 -14.7 -25.3 Addenda: Profits before tax (without IVA and CCAdj)............... 1,194.5 -143.4 Profits after tax (without IVA and CCAdj)...................... 931.2 -112.9 IVA........................................ 158.1 -35.3 CCAdj................................... - 88.1 161.2 10.2 -4.7 4.1 26.8 -15.2 14.2 55.1 -7.0 - 12.1 Profits of domestic financial industries decreased $177.9 billion, or 57.6 percent, after decreasing $74.4 billion, or 19.4 percent. Profits of domestic nonfinancial industries decreased $89.8 billion, or 9.8 percent, after increasing $76.3 bil lion, or 9.1 percent. The downturn mainly reflected downturns in manufacturing industries and in “other” nonfinancial industries, a slowdown in whole sale industries, and a larger decrease in information industries. - 0.1 N ote . Levels of these and other profits series are shown in NIPA tables 1.12,1.14,1.15, and 6.16D. IVA Inventory valuation adjustment CCAdj Capital consumption adjustment Chart 2. Corporate Profits With Inventory Valuation Adjustment: Change From the Preceding Quarter, 2008:1V B illio n s o f d o lla rs 5 0 ---------------------- D om estic nonfinancial 1. Includes warehousing. 2. “Other” nonfinancial corporations include the agriculture, mining, construction, and services industries. N ote . Based on seasonally adjusted estimates. U.S. Bureau of Economic Analysis Corporate Profits by Industry Industry profits are corporate profits by industry with inventory valuation adjustment (IVA). The IVA removes the effect of prices on inventories. The IVA is the difference between the cost of inventory withdrawals at acquisition cost and replacement cost. Ideally, BEA would also add the capital consumption adjustment (CCAdj) for each indus try. However, estimates of the CCAdj are only available for two broad categories: Total financial industries and total nonfinancial industries. For more information about BEA’s methodology, see “Corporate Profits: Profits Before Tax, Profits Tax Liability, and Dividends” at www.bea.gov/ methdologies/index.htm. April 2009 6 Government Receipts and Expenditures Fourth Quarter of 2008 ET GOVERNMENT saving, the difference be tween current receipts and current expenditures of the federal government and state and local govern ments, was-$658.9 billion in the fourth quarter of 2008, decreasing $11.3 billion from -$647.6 billion in the third quarter. Net federal government saving was -$561.5 billion in the fourth quarter, decreasing $17.5 billion from -$544.0 billion in the third quarter (see page 7). Both current receipts and current expenditures turned down. Net state and local government saving was -$97.4 billion in the fourth quarter, increasing $6.2 billion from -$103.6 billion in the third quarter (see page 8). Current receipts decreased more, and current expendi tures turned down. Net borrowing was $1,135.6 billion in the fourth quarter, increasing $287.9 billion from $847.7 billion in the third quarter. Federal government net borrow ing was $927.8 billion in the fourth quarter, increasing $300.4 billion from $627.4 billion in the third quarter. State and local government net borrowing was $207.9 billion in the fourth quarter, decreasing $12.4 billion from $220.3 billion in the third quarter. N Chart 1. Government Fiscal Position Current Receipts, Current Expenditures, and Net Government Saving Billions of dollars Net Saving Billions of dollars 100 -700 2005 2006 2007 2008 Total Receipts,Total Expenditures, and Net Lending or Borrowing Billions of dollars 6,000 Total expenditures 5.000 4.000 Total receipts Tale 1. Net Government Saving and Net Lending or Net Borrowing 3.000 [Billions of dollars, seasonally adjusted at annual rates] 2.000 Level 1,000 Change from preceding quarter 2008 2008 IV I II III IV Current receipts............................... 4,059.5 Current expenditures....................... 4,718.4 Net government saving................. Federal......................................... State and local............................. -658.9 -124.5 -333.3 68.8 -11.3 -94.4 -318.9 -30.1 -14.5 105.6 -36.7 -17.5 6.2 Net lending or net borrowing (-) ... Federal......................................... State and local............................. -1,135.6 -110.2 -261.4 -26.1 8.4 -34.5 167.6 -94.6 35.4 -83.3 1,000 - 2,000 J___ L J___ I __ L _ J___ I___ L J___ I __L _ 2006 2007 2008 2007 2008 -300.4 12.4 -927.8 -207.9 122.0 104.2 - Net lending or borrowing -287.9 -84.2 -242.0 -26.0 -19.5 -561.5 -97.4 -2.5 -165.7 0 2005 Net Lending or Net Borrowing Billions of dollars 100 2005 N ote. All Debasis Chaudhuri prepared this article. 2006 estimates are seasonally adjusted at annual rates. U.S. Bureau of Economic Analysis April 2009 S u rv ey o f C u rren t B usiness 7 Federal Government Personal current taxes decelerated. In the third quar ter, taxes rebounded, reflecting lower tax rebates from the Economic Stimulus Act of 2008. Table 2. Federal Government Current Receipts and Expenditures [Billions of dollars, seasonally adjusted at annual rates] Level Change from preceding quarter 2008 2008 IV I III II Taxes on corporate income decreased more than in the third quarter as a result of a larger decrease in corpo rate profits. IV Current receipts.............................. 2,544.4 -6.7 -193.7 116.9 -51.3 Current tax receipts.................................. 1,484.3 -25.1 129.0 -80.7 Personal current taxes........................... 1,166.1 6.5 -198.9 -201.4 141.9 24.4' Taxes on production and imports.......... 97.3 -2.2 1.1 -2.2 2.6 Taxes on corporate income................... 204.3 -27.0 1.9 -11.0 -109.1 Taxes from the rest of the world............ 16.5 -2.6 -0.5 0.4 1.3 Contributions for government social insurance.............................................. 972.2 16.6 2.9 4.2 -3.8 / Income receipts on assets........................ 33.1 0.4 1.8 0.7 Current transfer receipts........................... 55.6 -0.7 1.2 0.6 -17.6 0.7 33.2 v 0.3 -0.1 0.5 -0.6 Current expenditures..................... 3,105.9 87.6 125.2 11.4 -33.9 Consumption expenditures....................... 957.5 26.4 20.2 36.0 3.3 National defense................................... 656.6 19.1 15.2 30.6 -3.0 Current surplus of government enterprises Nondefense........................................... 300.9 7.3 5.0 5.3 Current transfer payments........................ 1,841.5 36.7 130.9 -65.2 6.4 46.6 Government social benefits................... 1,404.2 35.2 27.7 1,400.4 35.2 137.8 137.7 -66.6 To persons......................................... -66.7 27.7 To the rest of the w orld...................... 3.8 0.1 0.1 -0.1 Other current transfer payments........... Grants-in-aid to state and local governments................................... 437.3 1.5 -6.9 1.4 0.1 18.9 402.3 0.3 4.5 2.2 ' 15.7 3.1 -84.1 Contributions for government social insurance turned down, reflecting a downturn in contributions for so cial security (old-age, survivors, disability, and health insurance trust funds). Current transfer receipts turned up because of an up turn in current transfer receipts from business. The upturn reflects the impact of insurance disaster pay ments in the third quarter, fourth-quarter fees from two new guarantee programs (see the box below), and an increase in fees for the regular deposit insurance program. National defense consumption expenditures turned down, reflecting downturns in spending for services and nondurable goods. Government social benefits to persons turned up. The upturn followed the third-quarter decrease that re sulted from lower rebate payments from the Economic Stimulus Act of 2008. To the rest of the w orld...................... 35.0 1.2 -11.4 -0.7 Interest payments..................................... 258.5 23.0 -27.1 40.3 Subsidies.................................................. 48.3 1.5 1.2 0.4 0.1 Less: Wage accruals less disbursements 0.0 0.0 0.0 0.0 0.0 Net federal government saving............ -561.5 -94.4 -318.9 105.6 -17.5 Social insurance funds............................. Other........................................................ -77.0 -484.5 -9.6 -84.8 -16.6 -302.3 -30.7 136.3 -26.5 9.0 Total receipts..................................... 2,570.3 -4.9 -193.0 114.8 -53.2 Current receipts................................. Capital transfer receipts..................... 2,544.4 25.9 -6.7 1.8 -193.7 0.6 116.9 -2.0 -51.3 -1.9 Total expenditures............................. 3,498.1 79.2 48.9 106.6 247.1 Current expenditures......................... Gross government investment........... Capital transfer payments.................. 3,105.9 149.5 87.6 1.8 125.2 9.5 11.4 5.9 -33.9 5.6 Interest payments turned down sharply because of a downturn in interest paid to persons and business on Treasury Inflation Protected Securities. Interest on these securities reflects changes in the Consumer Price Index (see the box “TIPS and Federal Government In terest Payments” in the September 2006 S u r v e y ). Addenda: 364.1 -3.2 270.9 -0.9 120.5 -6.0 1.1 1.1 -84.9 1.9 5.7 Net purchases of nonproduced assets Less: Consumption of fixed capital.... 86.0 2.3 5.7 1.3 Net lending or net borrowing ( - ) .......... -927.8 -84.2 -242.0 8.4 -300.4 Capital transfer payments accelerated as a result of capital injections in the financial industry through the purchases of preferred stocks and warrants. The fed eral government provided $242.2 billion to financial institutions and $13.8 billion to Freddie Mac in the fourth quarter. Of these amounts, $61.0 billion ($244.0 billion at an annual rate) to financial institu tions and $6.9 billion ($27.6 billion at an annual rate) to Freddie Mac are treated as capital transfers (see the box below). Federal Response to the 2008 Financial Crisis The federal government responded to the 2 0 0 8 financial crisis with the creation of new guarantee programs, assis tance to the government-sponsored enterprises Fannie Mae and Freddie Mac, and the creation of the Troubled Assets Relief Program (TARP). For more information about BEA’s treatment of TARP and other assistance to the financial industry in the national accounts, see the box “The 2 0 0 8 Financial Crisis and the National Accounts” in the February 2 0 0 9 S u r v e y o f C u r r e n t B u s in e s s . Government Receipts and Expenditures 8 April 2009 State and Local G overnm en t Table 3. State and Local Government Current Receipts and Expenditures [Billions of dollars, seasonally adjusted at annual rates] Level Change from preceding quarter 2008 IV 2008 I II III IV Current receipts.................................... 1,917.3 4.5 32.5 -10.5 -27.6 Current tax receipts..................................... 1,283.7 3.3 26.3 -13.1 -46.5 Personal current taxes.............................. 324.3 7.9 12.7 -17.4 -4.7 Taxes on production and imports............. 928.7 0.2 12.5 7.0 -20.7 Taxes on corporate income....................... 30.7 -4.9 1.2 -2.6 Contributions for government social insurance................................................... 24.2 0.4 0.3 0.3 Income receipts on assets........................... 105.0 1.1 1.0 -0.7 1.8 Current transfer receipts............................... 513.3 0.5 5.4 3.6 17.9 Federal grants-in-aid................................. 402.3 0.3 4.5 2.2 15.7- Other......................................................... 111.0 0.2 0.9 1.5 2.1 -8.9 -0.7 -0.5 -0.8 -1.0 Personal current taxes decreased less, reflecting a smaller decrease in state personal income taxes. Current surplus of government enterprises -21.20.3 34.6 47.0 26.2 -33.7 Consumption expenditures.......................... 1,443.0 31.1 36.4 23.0 -42.7 Government social benefits......................... 466.1 5.9 10.3 3.9 7.7 Interest payments......................................... 102.8 0.9 1.2 0.1 2.8 -3.3 -1.0 -0.8 0.0 0.0 0.0 0.0 0.0 Net state and local government saving.... -97.4 -30.1 -14.5 -36.7 6.2 Social insurance funds................................ 5.7 0.1 0.1 0.1 0.1 Other............................................................. -103.1 -30.2 -14.6 -36.8 6.1 Addenda: Total receipts............................................. 1,981.4 1.2 33.7 -4.8 -27.3 Current receipts.................................... 1,917.3 4.5 32.5 -10.5 Federal grants-in-aid accelerated, reflecting an upturn in welfare and social services and an acceleration in Medicaid spending. 0.6 Less: Wage accruals less disbursements.... Taxes on corporate income decreased more than in the third quarter as a result of a larger decrease in corpo rate profits. 0.6 Subsidies...................................................... Taxes on production and imports turned down be cause of downturns in sales and severance taxes. -27.6 Current expenditures............................ 2,014.8 Capital transfer receipts........................ 64.0 -3.2 1.2 5.7 0.2 Total expenditures.................................... 2,189.2 27.3 53.1 29.7 -39.8 Current expenditures............................. 2,014.8 361.4 34.6 47.0 26.2 -33.7 -4.1 9.6 7.5 -1.0 Capital transfer payments..................... Net purchases of nonproduced assets 11.0 -0.1 -0.1 0.0 0.0 Less: Consumption of fixed capital....... 197.9 3.1 3.3 4.1 5.0 Net lending or net borrowing ( - ) ............... -207.9 -26.0 -19.5 -34.5 Consumption expenditures turned down, reflecting a downturn in spending for nondurable goods. 12.4 Gross government investment.............. Estimates of State and Local Government Receipts and Expenditures The estimates of state and local government current re ceipts and expenditures and total receipts and expenditures are mainly based on compilations of data for state and local government finances. The Census Bureau produces the pri mary source data: the census of governments that is con ducted in years that end in a 2 or a 7 and the Government Finances series of surveys for the other years. In addition, other sources of Census Bureau data are from the Quarterly Summary o f State and Local Government Tax Revenue and the monthly Value o f Construction Put in Place. Data sources from the Bureau of Labor Statistics include the Quarterly Census of Employment and Wages and the Employment Cost Index. Quarterly and annual estimates are available monthly in NIPA table 3.3. Detailed annual estimates of state and local government transactions by component are available annually in NIPA tables 3.4 3.8, 3.12, and 3.13. Detailed quarterly estimates are available in underlying NIPA tables at www.bea.gov/national/nipaweb/nipa_underlying/ Index.asp. For a historical time series of reconciliations of the NIPA estimates with the Census Bureau data from Government Finances, see NIPA table 3.19. BEA also prepares annual estimates of receipts and expenditures of state governments and of local governments.1 These estimates are available annually in NIPA table 3.20 (state government receipts and expen ditures) and in NIPA table 3.21 (local government receipts and expenditures); see N ewly Available NIPA Tables in the October 2008 S u r v e y . 1. Bruce E. Baker, R eceipts and Expenditures of State Governments and of Local Governments, S u r v e y 85 (October 2005): 5 10. 9 April 2009 Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the Fourth Quarter of 2008 This report presents quarterly estimates for the third and fourth quarters of 2008 and monthly estimates for August 2008 to January 2009. Tables IB, 2B, 3B, and 4B present chain-weighted estimates. Table IB presents inventories. Table 2B pre sents sales. Table 3B presents inventory-sales ratios that can be used to assess the likelihood that businesses will add to, or reduce, inventories in response to changes in demand; these ratios supplement the quarterly cur rent-dollar and real estimates of ratios of inventories to final sales of domestic business, nonfarm business, and goods and structures presented in NIPA tables 5.7.5B and 5.7.6B. Table 4B presents estimates of manufactur ing inventories by stage of fabrication. The estimates for 1967 forward are available in interactive tables on BEA’s Web site at www.bea.gov. Click on “Gross Domestic Product,” and under “Supplemental Estimates,” click on “Underlying detail tables” and then on “List of Underlying Detail Tables.” Table 1B. Real Manufacturing and Trade Inventories, Seasonally Adjusted, End of Period [Billions of chained (2000) dollars] 2009 2008 2008 Decemberr January" 1,264.5 1,273.8 1,269.9 1,268.6 1,269.9 1,264.5 454.1 453.9 457.9 454.1 453.8 455.9 453.9 455.6 Durable goods Wood products Nonmetallic mineral products............................................................................... Primary metals.................................................................................................... Fabricated metal products... Machinery.......................... Computer and electronic products Electrical equipment, appliances, and components............................................. Transportation equipment... Furniture and related products Miscellaneous manufacturing 282.1 9.9 9.3 18.1 30.7 35.7 64.9 12.5 78.0 6.9 18.2 292.0 9.8 9.3 18.9 31.5 36.9 282.5 9.8 9.3 17.9 30.8 35.9 65.1 12.5 78.5 6.9 18.1 282.1 9.9 9.3 18.1 30.7 35.7 64.9 12.5 78.0 6.9 18.2 284.1 9.9 9.4 18.5 30.6 35.8 65.4 12.5 79.0 287.5 9.8 9.4 18.9 30.9 36.3 65.3 12.4 81.0 292.0 9.8 9.3 18.9 31.5 36.9 293.0 6.8 6.8 6.8 6.8 18.3 18.5 18.7 19.0 Nondurable goods................................................................................................ Food products..................................................................................................... Beverage and tobacco products........................................................................... Textile mills.......................................................................................................... Textile product mills............................................................................................. Apparel................................................................................................................ Leather and allied products.................................................................................. Paper products................... Printing and related support activities Petroleum and coal products Chemical products............. Plastics and rubber products 173.0 30.1 164.3 31.1 12.3 4.8 3.3 7.0 1.4 15.5 176.0 30.2 173.0 30.1 171.1 30.4 170.1 30.8 12.2 12.2 12.2 4.8 3.4 7.2 1.3 16.2 4.8 3.4 7.1 1.3 16.1 4.8 3.4 7.1 1.3 16.2 4.8 3.3 7.0 1.3 16.1 164.3 31.1 12.3 4.8 3.3 7.0 1.4 15.5 165.0 31.4 12.2 6.1 6.2 6.2 6.1 6.0 6.1 6.2 18.3 52.3 19.4 12.7 52.7 18.4 19.1 53.0 19.9 18.3 52.3 19.4 16.9 52.7 19.4 16.0 53.1 19.2 12.7 52.7 18.4 4.7 3.2 6.9 1.3 15.4 5.9 12.9 53.3 18.6 Merchant wholesale trade....... Durable goods........................ Nondurable goods................................................................................................... Retail trade................................................................................................................. Motor vehicle and parts dealers............................................................................... Furniture and home furnishings and electronics and appliance stores..................... Building material and garden equipment and supplies stores................................... Food and beverage stores........................................................................................ Clothing and clothing accessories stores................................................................. General merchandise stores................................................................................... Other retail stores.................................................................................................... 356.7 227.1 131.3 357.8 225.2 133.8 356.7 226.0 132.2 356.7 227.1 131.3 355.9 226.5 131.1 357.4 226.5 132.4 357.8 225.2 133.8 358.2 223.3 135.8 458.7 147.9 35.9 46.7 33.8 37.4 72.4 84.0 451.6 145.7 33.1 45.7 33.8 36.7 71.2 84.4 458.1 147.8 35.9 46.7 33.6 37.4 71.9 84.2 458.7 147.9 35.9 46.7 33.8 37.4 72.4 84.0 458.5 147.8 35.8 46.3 34.0 37.4 72.4 84.3 455.6 147.8 33.6 46.2 33.9 37.1 71.8 84.3 451.6 145.7 33.1 45.7 33.8 36.7 71.2 84.4 444.9 139.4 32.8 45.7 34.2 36.5 70.4 84.1 12.2 4.8 3.4 7.1 1.3 16.1 p Preliminary r Revised N ote . Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (2000) dollar inventory series are calculated to ensure that the chained (2000) dollar change in 66.0 12.5 83.5 6.8 18.7 September Novemberr IV 1,269.9 Manufacturing.... August October' III Manufacturing and trade industries............................................................. 66.0 12.5 83.5 1,260.4 10.0 9.4 19.1 31.8 37.8 65.4 12.3 83.1 12.2 inventories for 2000 equals the current-dollar change in inventories for 2000 and that the average of the 1999 and 2000 end-of-year chain-weighted and fixed-weighted inventories are equal. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar esti mates are usually not additive. 10 Real Inventories and Sales April 2009 Table 2B. Real Manufacturing and Trade Sales, Seasonally Adjusted at Monthly Rate [Billions of chained (2000) dollars] 2008 III 2008 IV August September 2009 October' November' December' January • > Manufacturing and trade industries............................................................. 936.2 903.7 939.0 918.1 919.9 898.9 892.3 883.9 Manufacturing............................................................................................................ 318.6 301.5 318.5 307.8 310.5 298.2 295.8 291.8 Durable goods Wood products Nonmetallic mineral products............................................................................... Primary metals Fabricated metal products Machinery. Computer and electronic products....................................................................... Electrical equipment, appliances, and components............................................. Transportation equipment Furniture and related products............................................................................. Miscellaneous manufacturing............................................................................... 181.3 7.3 168.7 7.1 6.1 10.2 177.9 7.1 6.7 10.9 165.2 6.9 5.8 20.4 23.4 43.0 19.2 173.7 7.3 6.4 10.5 19.7 22.7 42.5 7.8 43.1 4.7 10.7 167.4 7.1 6.8 11.1 178.4 7.2 6.7 10.6 18.7 21.5 40.6 7.4 41.4 4.4 10.3 160.3 7.0 5.7 9.6 18.4 20.4 39.5 7.0 40.0 4.3 10.3 136.9 34.0 9.4 2.3 131.1 33.8 9.2 130.7 34.1 9.4 131.1 34.9 9.1 2.2 1.8 22.1 8.1 11.0 138.3 33.7 9.5 2.5 Merchant wholesale trade ... Durable goods.......................................................................................................... Nondurable goods.................................................................................................... 275.6 151.7 125.9 Retail trade.................................................................................................................. Motor vehicle and parts dealers............................................................................... Furniture and home furnishings and electronics and appliance stores..................... Building material and garden equipment and supplies stores................................... Food and beverage stores........................................................................................ Clothing and clothing accessories stores General merchandise stores........... Other retail stores............................ 346.6 72.0 34.6 31.4 42.3 8.0 45.0 5.1 11.0 132.9 34.0 9.3 140.2 33.5 9.5 2.5 2.9 0.5 11.8 21.2 58.4 90.4 11.6 7.4 18.7 37.0 14.3 331.8 65.5 33.6 29.7 41.3 19.9 57.8 87.5 7.5 17.7 36.7 14.4 23.5 41.6 7.9 45.8 5.0 10.7 131.6 33.6 9.4 2.4 1.9 2.9 0.5 2.0 2.7 0.5 10.9 7.2 17.7 33.6 13.3 273.7 142.7 130.6 11.8 20.0 2.9 0.5 2.2 1.8 2.0 p Preliminary r Revised N ote . Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (2000) dollar sales are calculated as the product of the chain-type quantity index and the 2000 23.2 42.5 41.1 7.5 42.0 4.6 10.5 46.6 5.1 Nondurable goods.................................................................................................. Food products................. Beverage and tobacco products Textile mills...................... Textile product mills......... Apparel................................................................................................................. Leather and allied products Paper products................ Printing and related support activities Petroleum and coal products Chemical products.......... Plastics and rubber products 11.0 20.2 6.0 10.2 19.3 22.1 40.3 7.3 41.4 4.6 10.0 2.1 2.0 2.7 0.5 1.7 2.7 0.5 2.6 11.0 10.6 7.1 17.2 33.0 13.1 7.0 17.6 32.3 13.0 0.5 10.5 7.1 18.0 32.6 12.4 278.5 146.9 131.6 270.7 141.6 128.8 271.9 139.6 131.5 262.8 130.0 130.9 342.2 69.9 34.2 31.0 42.0 333.8 33.8 30.4 41.7 333.4 65.7 33.9 29.6 41.7 20.6 20.2 20.0 57.9 90.1 57.6 87.5 58.2 87.8 328.1 64.5 33.0 29.1 40.7 19.3 57.8 87.2 333.0 66.4 34.3 28.9 41.4 20.3 58.4 87.1 1.8 7.4 15.5 35.0 14.2 2.7 0.5 11.3 7.4 18.3 35.5 13.7 277.2 150.6 128.0 272.6 150.5 124.2 347.9 73.6 34.4 31.3 42.4 21.4 58.4 90.1 66.2 1.7 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quan tity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. Table 3B. Real Inventory-Sales Ratios for Manufacturing and Trade, Seasonally Adjusted [Ratio, based on chained (2000) dollars] 2008 III Manufacturing and trade industries............................................................. 2008 August IV September 2009 Octoberr Novemberr Decemberr January p 1.40 1.36 1.38 1.38 1.41 1.42 1.43 1.44 1.58 1.36 1.39 1.63 1.52 1.55 1.53 1.57 1.75 1.36 1.65 1.48 1.54 1.56 1.77 1.42 1.62 1.90 1.69 1.71 1.62 1.69 1.83 1.41 1.54 1.52 1.56 1.58 1.70 1.38 1.70 1.46 1.64 1.36 1.46 1.76 1.55 1.58 1.54 1.59 1.83 1.44 1.72 1.53 1.72 1.38 1.57 1.66 1.51 1.73 1.38 1.54 1.85 1.64 1.67 1.60 1.67 1.99 1.49 1.78 1.25 0.89 1.28 1.92 1.69 2.45 2.61 1.37 0.82 1.03 1.42 1.35 1.24 0.91 1.32 2.16 1.89 2.57 2.89 1.42 0.87 0.72 1.57 1.39 1.26 0.90 1.28 1.92 1.69 2.49 2.64 1.37 0.83 1.31 0.90 1.29 1.97 1.76 2.49 2.54 1.39 0.83 1.18 1.50 1.37 1.25 0.90 1.30 2.05 1.83 2.60 2.73 1.44 0.82 0.92 1.48 1.41 1.30 0.91 1.33 2.18 1.91 2.59 2.92 1.47 0.85 0.93 1.61 1.47 1.26 0.91 1.31 2.29 1.95 2.60 2.95 1.47 0.89 0.72 1.63 1.42 Merchant wholesale trade......................................................................................... Durable goods.......................................................................................................... Nondurable goods.................................................................................................... 1.29 1.50 1.04 1.31 1.58 1.29 1.50 1.03 1.28 1.54 1.32 1.61 Retail trade.................................................................................................................. Motor vehicle and parts dealers............................................................................... Furniture and home furnishings and electronics and appliance stores..................... Building material and garden equipment and supplies stores................................... Food and beverage stores........................................................................................ Clothing and clothing accessories stores................................................................. General merchandise stores.................................................................................... Other retail stores..................................................................................................... 1.32 2.06 1.04 1.48 0.80 1.76 1.24 0.93 1.36 2.23 0.99 1.54 0.82 1.85 1.23 0.97 1.32 1.60 1.03 1.37 2.25 0.99 1.56 0.81 1.36 1.43 Manufacturing............................................................................................................. Durable goods Wood products Nonmetallic mineral products............................................................................... Primary metals Fabricated metal products.................................................................................... Machinery. Computer and electronic products....................................................................... Electrical equipment, appliances, and components............................................. Transportation equipment..................................................................................... Furniture and related products............................................................................. Miscellaneous manufacturing............................................................................... 1.56 1.37 1.38 1.63 1.51 1.53 1.51 1.55 1.67 1.35 Nondurable goods.................................................................................................. Food products................. Beverage and tobacco products Textile mills...................... Textile product mills Apparel................................................................................................................. Leather and allied products Paper products................ Printing and related support activities Petroleum and coal products Chemical products.......... Plastics and rubber products p Preliminary r Revised 1.02 N ote . 1.02 1.43 1.40 1.59 1.40 1.40 1.66 1.32 1.31 1.51 1.06 1.34 2.01 2.12 1.04 1.49 0.79 1.75 1.23 0.93 1.05 1.51 0.81 1.82 1.25 0.93 1.00 1.37 2.23 1.06 1.52 0.82 1.85 1.26 0.96 1.86 1.61 1.64 1.62 1.71 1.96 1.50 1.74 1.86 1.23 0.96 2.02 1.54 1.82 1.02 1.38 2.26 1.00 1.57 0.83 1.90 1.23 0.97 1.66 2.00 1.72 1.85 1.66 1.77 2.08 1.59 1.85 1.26 0.90 1.35 2.31 1.88 2.67 2.80 1.46 0.83 0.72 1.63 1.51 1.36 1.72 1.04 1.34 2.10 0.96 1.58 0.83 1.80 1.21 0.97 Estimates in this table are based on the North American Industry Classification System (NAICS). April 2009 S urvey of C u rren t B usiness 11 Table 4B. Real Manufacturing Inventories, by Stage of Fabrication, Seasonally Adjusted, End of Period [Billions of chained (2000) dollars] 2008 III Materials and supplies Manufacturing........................................................................................................... 2009 2008 IV August September October' Novemberr December' January» 155.5 154.8 155.8 155.5 155.1 155.6 154.8 156.1 Durable goods....................................................................................................... Wood products.......... Nonmetallic mineral products Primary metals.......... Fabricated metal products Machinery........................................................................................................... Computer and electronic products Electrical equipment, appliances, and components............................................. Transportation equipment Furniture and related products Miscellaneous manufacturing 94.3 4.3 3.6 97.8 4.4 3.5 94.3 4.3 3.6 94.3 4.3 3.6 97.8 4.4 3.5 6.8 11.1 12.8 22.0 8.2 11.5 13.2 6.6 11.0 6.8 11.1 12.8 22.0 95.1 4.3 3.7 7.1 11.5 13.2 99.3 4.4 3.6 8.5 11.7 13.9 Nondurable goods.... Food products........... Beverage and tobacco products Textile mills................ Textile product mills.... Apparel...................... Leather and allied products................................................................................. Paper products.................................................................................................... Printing and related support activities Petroleum and coal products............ Chemical products........................... Plastics and rubber products........... 61.3 9.2 5.5 1.7 5.1 19.2 3.4 5.7 1.1 1.8 21.8 5.0 20.0 3.4 5.8 57.6 9.7 5.5 1.6 1.1 1.8 13.0 96.6 4.3 3.6 7.7 11.3 13.3 22.0 21.8 21.8 22.0 5.1 19.2 3.4 5.7 5.0 19.3 3.4 5.7 5.0 19.6 3.4 5.7 5.0 5.0 19.5 3.4 61.5 9.4 5.5 1.7 61.3 9.2 5.5 1.7 60.2 9.5 5.6 1.7 59.4 9.5 5.6 1.7 1.1 1.8 1.1 1.8 1.1 1.8 0.4 7.8 2.3 0.4 7.7 2.3 0.4 7.8 6.2 6.0 16.4 8.0 16.8 7.9 12.9 21.9 5.1 19.6 3.5 5.6 11.1 8.2 20.0 3.4 5.8 6.0 57.6 9.7 5.5 57.5 9.9 5.4 1.1 1.8 1.6 1.1 1.8 1.6 1.0 1.8 0.4 7.4 2.4 4.1 16.3 7.5 0.4 7.5 5.7 16.2 7.9 0.4 7.7 2.3 5.4 16.1 7.7 4.1 16.2 7.6 16.8 7.9 0.4 7.4 2.4 4.1 16.3 7.5 Manufacturing........................................................................................................... 138.0 140.7 139.1 138.0 138.0 139.1 140.7 141.8 Durable goods....................................................................................................... Wood products Nonmetallic mineral products Primary metals Fabricated melal products Machinery Computer and electronic products....................................................................... Electrical equipment, appliances, and components............................................. Transportation equipment.................................................................................... Furniture and related products Miscellaneous manufacturing. 107.9 114.0 108.0 107.9 114.3 1.8 1.1 1.8 1.0 1.8 1.0 1.1 111.1 1.8 1.1 114.0 1.8 1.0 109.3 1.9 1.8 1.1 1.8 1.1 5.3 9.4 5.1 9.8 11.5 26.9 4.2 50.8 5.2 9.6 5.3 9.4 5.3 9.5 5.3 9.6 5.1 9.8 11.5 26.9 4.2 50.8 5.0 1.2 1.1 1.1 1.2 1.2 1.1 1.1 1.2 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.8 Nondurable goods................. Food products...................... Beverage and tobacco products........................................................................... Textile mills Textile product mills Apparel.......... Leather and allied products Paper products Printing and related support activities.................................................................. Petroleum and coal products................................................................................ Chemical products............................................................................................... Plastics and rubber products............................................................................... 30.6 3.9 27.9 4.0 29.5 4.0 29.0 4.0 27.9 4.0 28.6 4.0 1.8 31.3 3.9 1.9 30.6 3.9 1.8 1.0 1.8 1.8 1.8 1.8 0.9 0.5 1.0 1.8 1.0 0.5 0.5 0.9 0.5 0.9 0.5 0.9 0.5 0.9 0.5 1.1 0.2 1.6 1.0 1.1 0.2 1.1 0.2 1.1 0.2 1.1 0.2 1.7 1.7 1.1 0.2 1.6 1.0 1.0 5.0 11.5 4.7 11.3 1.7 0.9 3.7 1.1 0.2 1.6 1.0 2.5 1.7 0.9 3.8 11.7 2.5 2.1 2.1 2.1 11.6 2.1 12.2 2.0 0.4 7.7 2.3 6.0 2.2 2.2 Work-in-process 11.1 25.9 4.2 45.8 0.5 1.1 0.2 1.7 1.0 4.7 11.3 10.8 11.1 11.0 11.0 26.0 4.2 46.2 25.9 4.2 45.8 26.4 4.2 46.8 26.5 4.2 48.4 10.0 11.7 26.8 4.1 50.9 0.9 3.0 12.4 2.1 12.2 2.0 Manufacturing........................................................................................................... 161.0 159.0 163.6 161.0 161.2 161.6 159.0 158.2 Durable goods....................................................................................................... Wood products Nonmetallic mineral products Primary metals Fabricated metal products.................................................................................... Machinery Computer and electronic products....................................................................... Electrical equipment, appliances, and components............................................. Transportation equipment Furniture and related products Miscellaneous manufacturing............................................................................... 80.1 3.7 4.7 80.4 3.7 4.8 5.5 80.4 3.7 4.7 80.1 3.7 4.7 79.9 3.7 4.7 6.0 10.2 12.2 6.0 10.1 11.8 6.0 10.0 11.8 80.0 3.6 4.7 5.8 80.4 3,7 4.8 5.5 79.6 3.7 4.7 5.5 10.0 12.0 10.1 12.1 10.1 12.2 17.4 3.3 13.0 2.3 9.2 17.3 3.2 17.0 3.3 13.1 2.3 9.1 81.7 17.2 4.8 16.8 3.2 12.9 83.1 17.0 4.7 17.1 3.2 13.1 2.3 8.9 81.4 16.9 4.8 17.4 3.3 13.0 2.3 9.2 78.9 17.4 4.9 17.1 3.3 13.1 2.3 8.9 81.0 17.0 4.7 2.0 Finished goods Nondurable goods................................................................................................ Food products........... Beverage and tobacco products Textile mills................ Textile product mills.... Apparel...................... Leather and allied products Paper products.......... Printing and related support activities.................................................................. Petroleum and coal products.. Chemical products............... Plastics and rubber products. 6.0 10.1 11.8 17.1 3.3 13.1 2.3 8.9 81.0 17.0 4.7 12.8 2.3 8.8 78.9 17.4 4.9 2.2 9.3 78.8 17.6 4.9 2.2 2.2 2.1 2.2 2.2 2.2 2.2 2.2 1.7 4.2 0.7 1.7 4.1 0.7 6.4 1.7 4.2 0.7 6.7 1.7 4.2 0.7 6.6 2.8 1.7 4.0 0.7 6.3 2.8 7.8 25.2 9.8 7.5 24.2 9.4 1.7 4.1 0.7 6.7 2.9 6.9 25.4 9.4 1.7 4.1 0.7 6.4 2.8 6.1 1.7 4.2 0.7 6.7 2.9 7.4 24.8 9.4 6.6 2.8 7.5 24.2 9.4 p Preliminary r Revised N ote . Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (2000) dollar inventory series are calculated to ensure that the chained (2000) dollar change in 10.1 12.1 24.3 8.9 2.8 6.1 24.3 8.9 2.8 5.8 24.7 9.0 inventories for 2000 equals the current-dollar change in inventories for 2000 and that the average of the 1999 and 2000 end-of-year chain-weighted and fixed-weighted inventories are equal. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. 12 April 2009 U.S. International Transactions Fourth Quarter and Year 2008 , ; By Douglas B. Weinberg Erin M. Whitaker and Gregory A. Tenentes HE U.S. current-account deficit— the combined balances on trade in goods and services, income, and net unilateral current transfers— decreased to $132.8 billion (preliminary) in the fourth quarter of 2008, the smallest deficit since the fourth quarter of 2003, from $181.3 billion (revised) in the third quarter of 2008 (table A, chart 1) (see page 13).1 The decrease mainly resulted from a decrease in the deficit on goods, but an increase in the surplus on income and a de crease in net unilateral current transfers to foreigners also contributed. In contrast, the surplus on services decreased. For the year 2008, the current-account defi cit fell $57.9 billion to $673.3 billion, the smallest defi cit since 2004 (see page 23). In the financial account, net financial inflows to the United States were $76.8 billion in the fourth quarter, down from $147.3 billion in the third quarter (see page 18).2 The slowdown resulted from a shift from finan- T 1. Quarterly estimates of U.S. current-account and financial-account components are seasonally adjusted when series demonstrate statistically significant seasonal patterns. When available, seasonally adjusted estimates are cited in this article. The accompanying tables present both adjusted and unadjusted estimates. 2. Fourth-quarter net financial inflows exclude transactions in financial derivatives because data are not yet available. Third-quarter net financial inflows excluding transactions in financial derivatives were $151.4 billion. cial inflows to financial outflows for foreign-owned as sets in the United States (a shift from an increase to a decrease in foreign-owned assets) that was only partly offset by a pickup in financial inflows for U.S.-owned assets abroad (a larger decrease in U.S.-owned assets). Financial-account transactions continued to be af fected by the unsettled financial market conditions that began in the third quarter of 2007. For the year 2008, net financial inflows to the United States fell $227.8 billion to $546.6 billion (see page 25). The statistical discrepancy— errors and omissions in recorded transactions— was $56.6 billion in the fourth quarter, compared with $34.7 billion in the third quar ter. The following are highlights for the fourth-quarter current account: • Exports of goods decreased 16 percent, and imports of goods decreased 17 percent. • Both exports and imports of services fell 5 percent. • Income receipts declined 13 percent, and income payments declined 20 percent. Financial-account highlights include the following: • U.S. government assets other than official reserve assets increased strongly as a result of drawings on central bank reciprocal currency arrangements. Table A. Selected U.S. International Transactions [Millions of dollars, quarters seasonally adjusted] Line Corresponding lines in tables 1 and 12 are indicated in () (Credits +; debits-) 2007 2008 p Change: 2007-2008 2007 I II 2008 III IV I' II' I II ' IV p Change: 2008: lll-IV Current account 1 Exports of goods and services and income receipts (1) 2 Goods, balance of payments basis (3)..................................... 2,591,254 1,291,371 544,414 755,468 127,749 142,890 47,169 -62,311 572,182 270,318 115,118 186,746 602,122 279,488 120,463 202,171 638,393 295,494 129,378 213,520 650,808 303,180 132,285 215,343 651,416 317,548 133,969 199,900 671,888 337,048 138,318 196,523 678,258 346,272 139,639 192,347 589,692 290,505 132,489 166,699 -88,566 -55,767 -7,150 -25,648 5 Imports of goods and services and income payments (18).... -3,082,014 -3,144,807 6 Goods, balance of payments basis (20).................................. -1,967,853 -2,112,196 7 Services (21)........................................................................... -378,130 -404,719 8 Income payments (29)............................................................. -736,030 -627,891 -62,793 -144,343 -26,589 108,139 -738,938 -473,681 -91,298 -173,959 -771,262 -485,375 -93,395 -192,492 -783,548 -496,698 -96,288 -190,562 -788,264 -512,099 -97,149 -179,016 -796,593 -530,126 -99,834 -166,633 -825,091 -554,922 -101,862 -168,307 -829,558 -562,526 -104,267 -162,766 -693,564 -464,624 -98,756 -130,185 135,994 97,902 5,511 32,581 3 4 Services (4)............................................................................. Income receipts (12)................................................................ 9 Unilateral current transfers, net (35)........................................ 2,463,505 1,148,481 497,245 817,779 -112,705 -119,713 -7,008 -30,174 -24,953 -27,796 -29,784 -31,731 -29,034 -29,998 -28,949 1,049 -52,459 1,237,395 -442,065 -523,556 -170,476 -153,757 -264,866 99,910 28,056 84,441 56,385 599,049 -1,458,654 -130,957 Financial account 10 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow (-)) (40)..................................... -1,289,854 11 Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+)) (55)..... 2,057,703 692,713 718,112 266,476 380,402 460,105 23,208 123,346 -7,611 12 Financial derivatives, net (70).................................................. 6,496 n.a. -6,496 14,795 -1,007 5,942 -13,234 -8,001 -2,519 -4,075 n.a. 4,075 13 Statistical discrepancy (71)...................................................... -41,287 129,275 170,562 -67,970 656 71,627 -45,600 -9,729 62,269 34,706 56,625 21,919 Memoranda: Balance on goods (72)................................................................ Balance on services (73)............................................................. Balance on income (75).............................................................. Balance on current account (77).................................................. Net financial flows (40,55, and 70)............................................. -819,373 119,115 81,749 -731,214 774,345 -820,825 139,695 127,577 -673,265 546,590 -1,452 20,580 45,828 57,949 -227,755 -203,363 23,820 12,787 -196,930 265,443 -205,887 27,068 9,679 -194,093 193,549 -201,204 33,090 22,958 -172,952 101,942 -208,919 35,136 36,327 -167,241 213,411 -212,578 34,135 33,266 -176,909 187,238 -217,874 36,455 28,216 -182,237 120,599 -216,254 35,372 29,581 -181,299 147,327 -174,119 33,733 36,513 -132,822 76,830 42,135 -1,639 6,932 48,477 -70,497 14 15 16 17 18 p Preliminary r Revised n.a. Not available April 2009 13 S u rv ey o f C u rren t B usiness • Net U.S. sales of foreign securities were very large for the second consecutive quarter. Net foreign sales of U.S. securities other than U.S. Treasury securities decreased but remained substantial. • Net foreign purchases of U.S. Treasury securities by official institutions and private entities, which were strong in the third quarter, were even stronger in the fourth quarter. • Claims reported by U.S. banks and securities bro kers decreased substantially as a result of a cutback in international lending by these institutions. • Liabilities reported by U.S. banks and securities bro kers decreased a small amount, as a large decrease in securities brokers’ liabilities was almost completely offset by a large increase in banks’ liabilities. • Foreign official assets in the United States decreased for the first time since the second quarter of 2001, as some foreign governments sold foreign exchange reserves to stabilize the value of their currencies. C urren t A ccoun t, Fourth Q u arter Goods and services The deficit on goods and services decreased to $140.4 billion in the fourth quarter, the smallest deficit since the first quarter of 2004, from $180.9 billion in the third quarter (chart 1). The deficit on goods decreased $42.1 billion, and the surplus on services decreased $1.6 billion. Goods The deficit on goods decreased to $174.1 billion in the fourth quarter from $216.3 billion in the third quarter. Both exports and imports of goods fell sharply in per centage terms, but in dollar terms, imports fell much more than exports (chart 2). Chart 2. Exports and Imports of Goods and Services: Percent Change From Preceding Quarter Percent 10 Chart 1. U.S. Current-Account Balance and Its Components GOODS I Exports ■ Imports Billion $ 60 40 20 0 -2 0 ^ 0 -5 -6 0 -8 0 -1 0 0 -1 2 0 -10 -1 4 0 -1 6 0 -1 8 0 -1 5 -200 -220 -2 4 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I I 1 1 1 1 1 I I 1111 -20 60 40 20 J____ I____ I ___ l____I ___ I____ L _ _ J____ L 10 SERVICES 1 Exports I Imports Balance on income- 0 -2 0 -4 0 -6 0 I I I -8 0 -1 0 0 -120 -1 4 0 -1 6 0 -5 -1 8 0 -200 -220 -2 4 0 I I I I I I I II I I II I I I I I I II I I I I I I I I I I I I I I I I I I II I I I I I I 1997 98 99 2000 01 02 03 04 05 06 07 08 -10 2006 Seasonally adjusted U.S. Bureau of Economic Analysis 2007 Seasonally adjusted U.S. Bureau of Economic Analysis 2008 14 U.S. International Transactions The decreases in exports and imports largely re flected the substantial weakening in global economic activity in the fourth quarter. Both real, or price-adjusted, exports and imports of goods fell substantially, but exports declined at a much higher rate than im ports. Export and import prices also fell substantially, but import prices declined much more than export prices. Current-dollar imports of petroleum and products fell sharply as a result of a decline in petroleum prices. As a result, the deficit on petroleum and products de April 2009 creased $40.3 billion, the first decrease in eight quar ters (chart 3). The deficit on nonpetroleum products decreased $1.8 billion, the seventh consecutive quar terly decrease. Exports. Exports of goods decreased $55.8 bil lion, or 16.1 percent, to $290.5 billion (table B). Real exports decreased 9.6 percent, and export prices Chart 3. Deficits on Petroleum and Nonpetroleum Products Billion $ 40 Revisions to Estimates 20 The preliminary estimates of U . S . international trans actions for the third quarter that were published in the January 2 0 0 9 S u r v e y o f C u r r e n t B u s i n e s s have been revised. In addition, the estimates for the first, second, and third quarters have been revised to ensure that the seasonally adjusted estimates sum to the same annual totals as the unadjusted estimates. The revisions to the estimates for the first and second quarters were small. For the third quarter, the current-account deficit was revised to $ 1 8 1 . 3 billion from $ 1 7 4 . 1 billion. The goods deficit was revised to $ 2 1 6 . 3 billion from $ 2 1 4 . 7 billion; the services surplus was revised to $ 3 5 . 4 bil lion from $ 3 8 . 2 billion; the income surplus was revised to $ 2 9 . 6 billion from $ 3 0 . 8 billion; and net unilateral current transfers to foreigners were revised to $ 3 0 . 0 billion from $ 2 8 . 4 billion. Net financial inflows were revised to $ 1 4 7 . 3 billion from $ 1 3 5 . 2 bil lion. 0 -20 -4 0 -6 0 -8 0 -100 -1 20 -1 4 0 -1 6 0 2006 2007 2008 Seasonally adjusted U.S. Bureau of Economic Analysis Table B. U.S. Trade in Goods in Current and Chained (2000) Dollars and Percent Changes From Previous Period [Balance of payments basis, millions of dollars, quarters seasonally adjusted] Chained (2000) dollars 1 Current dollars 2007 2007 2007 2008 2007 2008 > > III IV I' II ' I I I '- IV 2008 2008 p IV III p Ir II' I II ' IV p Exports.............................................. Agricultural products........................ Nonagricultural products.................. 1,148,481 1,291,371 118,097 92,115 1,056,366 1,173,274 295,494 24,960 270,534 303,180 25,705 277,475 317,548 29,023 288,525 337,048 32,025 305,023 346,272 32,030 314,242 290,505 25,019 265,486 998,141 1,065,954 62,194 64,409 938,016 1,005,152 256,101 16,711 239,684 258,940 15,873 243,767 264,809 16,081 249,548 273,011 16,509 257,451 276,714 16,214 261,801 250,258 15,501 235,410 Im ports.............................................. Petroleum and products................... Nonpetroleum products................... 1,967,853 2,112,196 330,978 453,319 1,636,875 1,658,878 4%,698 83,019 413,679 512,099 99,031 413,068 530,126 112,965 417,161 554,922 124,412 430,510 562,526 132,228 430,298 464,624 1,663,077 1,607,357 83,714 135,413 129,816 380,910 1,547,009 1,494,431 416,434 32,395 390,753 415,065 33,655 385,854 416,023 35,294 382,275 406,873 31,288 384,154 402,935 30,750 381,243 380,188 33,609 346,420 Percent change from previous period (current dollars) 2007 2007 2007 2007 2008 p III Exports.............................................. Agricultural products........................ Nonagricultural products.................. 12.3 26.4 12.4 28.2 11.2 11.1 Im ports.............................................. Petroleum and products................... Nonpetroleum products................... 5.7 9.4 5.0 7.3 37.0 1.3 IV 5.7 16.0 4.9 2.3 6.3 1.6 I' 2.6 3.0 2.6 3.1 19.3 - 0.1 II ' I II ' 6.1 2.7 10.3 5.7 3.0 3.5 14.1 10.1 1.4 6.3 1.0 3.2 0.0 4.7 0.0 N ote . 2008 2008 p IV p 4.7 12.9 4.0 p Preliminary not additive. r Revised 1. Because chain indexes use weights of more than one period, the corresponding chained dollar estimates are usually Percent change from previous period (chained (2000) dollars) 2008 III 1' IV -16.1 -21.9 -15.5 8.4 7.1 8.5 6.8 5.0 1.1 3.6 7.2 10.1 -17.4 -36.7 -11.5 2.0 - 2.0 -3.4 -4.1 -3.4 0.5 -3.6 2.8 4.6 1.2 II ' I II ' IV p -5.0 1.7 2.3 1.3 2.4 3.1 2.7 3.2 1.4 - 1.8 1.7 -9.6 -4.4 - 10.1 -0.3 3.9 -1.3 0.2 4.9 -0.9 - 2.2 -11.4 0.5 - 1.0 -1.7 - 0.8 -5.6 9.3 -9.1 Percent changes in quarterly estimates are not annualized and are expressed at quarterly rates. April 2009 S u r v ey o f C u rrent B usiness decreased 7.2 percent.3 All major commodity catego ries of exports fell substantially. On a monthly basis, current-dollar exports, which had peaked in July and decreased in August and Sep tember, decreased at monthly rates of 3 percent in Oc tober, 7 percent in November, and 9 percent in December. Nonagricultural industrial supplies and materials decreased $26.7 billion, or 26 percent, in the fourth quarter. These commodities, which were the largest contributor to growth in total exports in the first three quarters of 2008, were the largest contributor to the drop in total exports in the fourth quarter as a result of substantial decreases in export prices and volume. Ex ports of petroleum and products, of chemicals, and of metals and nonmetallic products all fell sharply. Capital goods decreased $11.4 billion, or 9 percent. Civilian aircraft, engines, and parts fell sharply, partly as a result of a strike. There were also very large de clines in semiconductors, in computers, parts, and pe ripherals, and in “other” industrial, agricultural, and service industry machinery. Agricultural products decreased $7.0 billion, or 22 percent. The decrease largely reflected substantial de clines in the prices of many agricultural commodities. Exports of corn, wheat, soybeans, and meat products and poultry were all much lower. Automotive vehicles, parts, and engines decreased $6.1 billion, or 19 percent. Two-thirds of the decrease was accounted for by a large decline in automotive ex ports to Canada. Exports of passenger cars and auto motive parts to Europe also fell sharply. Consumer goods decreased $3.7 billion, or 9 per cent. Nearly the entire decrease was accounted for by durable goods. All major categories of durable goods declined, but the largest decreases were in “other” du rable goods, in gems, jewelry, and collectibles, and in 3. Q uan tity (real) estim ates are calculated using a ch ain -typ e Fisher for m ula with annual weights for all years and quarterly weights for all q u ar ters. Real estim ates are expressed as ch ained (2 0 0 0 ) dollars. Price indexes are also calculated using a ch ain -typ e Fisher form ula. Data Availability The estimates that are presented in tables 1-12 of the U.S. international transactions accounts are available interactively on the BEA Web site at www.bea.gov. Users may view and download the estimates for an entire table, or they may select the period, frequency, and lines that they wish to view. The estimates are available in an HTML table, in a spreadsheet file (.xls format), or as comma-separated values. 15 household and kitchen appliances. Imports. Imports of goods decreased $97.9 billion, or 17.4 percent, to $464.6 billion (table B). Real im ports decreased 5.6 percent, and import prices de creased 12.5 percent, mostly as a result of a 41 percent drop in prices of petroleum imports. Half of the de crease in current-dollar imports resulted from a de cline in petroleum and products. On a monthly basis, imports, which had peaked in July and decreased in August and September, decreased at monthly rates of 2 percent in October, 14 percent in November, and 7 percent in December. Petroleum and products decreased $48.5 billion, or 37 percent, in the fourth quarter, the first decrease since the fourth quarter of 2006 (chart 4). The average price per barrel of petroleum fell 41 percent to $68.74 as a result of large declines in every month of the quar ter. In contrast, the average number of barrels im ported daily increased 9 percent to 13.34 million. More than half of the decrease in current-dollar petroleum imports was accounted for by a drop in imports from members of OPEC, mainly Saudi Arabia, Venezuela, and Nigeria. Nonpetroleum industrial supplies and materials de creased $16.0 billion, or 18 percent. These commodi ties, which were the largest contributors to growth in nonpetroleum imports in the first three quarters of 2008, were the largest contributors to the drop in these imports in the fourth quarter. Nonferrous metals, nat ural gas, and steel-related products all fell substantially, partly as a result of sharp declines in their prices. Chart 4. Imports of Petroleum and Products: Indexes of Value, Price per Barrel, and Barrels Imported per Day 16 April 2009 U.S. International Transactions Chemicals also decreased significantly. Consumer goods decreased $11.8 billion, or 9 per cent. Three-fourths of the decrease was accounted for by durable goods, which fell partly in response to a de cline in U.S. personal consumption expenditures for durable goods. Imports of household and kitchen ap pliances, of televisions, video receivers, and other video equipment, and of “other” durable goods all fell by large amounts. Nondurable goods also decreased, mostly as a result of a drop in medicinal, dental, and pharmaceutical products. Capital goods decreased $9.9 billion, or 9 percent. More than 40 percent of the decrease was accounted for by a sharp drop in computers, peripherals, and parts, which partly resulted from a decline in U.S. pri vate domestic investment in equipment and software. Telecommunications equipment, electric generating machinery and electric apparatus, and semiconductors also decreased substantially. Nearly all other major cat egories of capital goods also declined. Automotive vehicles, parts, and engines decreased $9.3 billion, or 16 percent. The decrease followed a $4.3 billion decline in the third quarter. The decreases were concentrated in imports of passenger cars, as U.S. domestic sales of motor vehicles fell substantially in the previous three quarters and dropped even more sharply in the fourth quarter. Balances by area. The goods deficit decreased $42.1 billion to $174.1 billion in the fourth quarter. Half of the decrease was accounted for by declines in the defi cits with the Middle East and with Africa, mostly re flecting drops in petroleum imports from OPEC members in those areas. The deficit with Latin Amer ica and Other Western Hemisphere decreased $7.8 bil lion, as the deficit with Venezuela fell sharply. The deficit with Europe decreased $4.1 billion; decreases in the deficits with Russia, Germany, Italy, and the United Kingdom were partly offset by a decrease in the surplus with Turkey and an increase in the deficit with Ireland. The large deficit with Asia and Pacific decreased only slightly. A substantial drop in the deficit with China was mostly offset by increases in the deficits with India, Taiwan, and the Republic of Korea and a decrease in the surplus with Hong Kong. Services The surplus on services decreased to $33.7 billion in the fourth quarter from $35.4 billion in the third quar ter. Services receipts decreased $7.2 billion, or 5 per cent, to $132.5 billion. Services payments decreased $5.5 billion, or 5 percent, to $98.8 billion (chart 2). Travel receipts, which include purchases of goods and services by foreign visitors to the United States, de creased $2.7 billion, the first decrease in seven quar ters, to $26.2 billion. Receipts from overseas and Canadian visitors to the United States fell substantially, as the appreciation of the dollar against many foreign currencies in recent months and the slowdown in glo bal economic activity contributed to a drop in the number of foreign visitors (table C, chart 5). Travel payments, which include purchases of goods and ser vices by U.S. travelers abroad, edged down $0.3 billion to $19.5 billion, as the number of U.S. visitors abroad decreased slightly. Table C. Indexes of Foreign Currency Price of the U.S. Dollar [January 1999=100] 2007 IV 2007 2008 I II III IV Nominal:1 Broad 2................................................... Major currencies 3............................... Other important trading partners 4 ...... 86.7 77.6 98.7 85.1 76.2 96.8 83.8 75.0 95.3 85.6 77.8 95.9 106.2 Real:1 Broad 2................................................... Major currencies 3 .............................. Other important trading partners4....... 89.0 85.7 92.6 87.1 84.4 89.9 86.7 84.2 89.5 88.7 87.5 90.2 64.6 66.1 66.5 68.5 80.0 80.7 82.7 99.9 107.1 118.0 77.3 83.4 77.0 92.9 106.7 114.8 74.2 83.7 74.5 92.4 103.0 109.4 77.3 87.4 77.5 95.0 Selected currencies: (nominal)5.............. Canada................................................... European currencies: Euro area 6.......................................... United Kingdom................................... Switzerland......................................... Japan...................................................... Mexico.................................................... Brazil....................................................... 102.0 110.4 Dec. 2008 Jan. April 94.8 86.8 86.1 86.0 78.0 98.3 77.3 97.6 85.4 76.8 96.7 83.7 74.4 96.0 83.5 74.6 95.2 95.4 94.5 96.5 88.9 92.0 88.3 85.5 91.4 87.0 85.0 89.1 85.9 82.8 89.2 79.8 66.0 66.5 65.7 66.0 88.1 79.6 81.8 82.3 99.3 107.1 118.1 78.7 83.7 79.4 95.2 107.7 117.1 78.5 84.0 78.6 94.5 106.3 114.4 74.7 82.4 73.1 88.9 106.0 113.0 105.5 83.6 84.8 129.0 150.9 86.0 1. For more information on the nominal and real indexes of the foreign exchange value of the U.S. dollar, see Federal Reserve Bulletin, vol. 84 (October 1998): 811-18. 2. Weighted average of the foreign exchange value of the U.S. dollar against the currencies of a broad group of U.S. trading partners, including the currencies of the euro area countries, Australia, Canada, Japan, Sweden, Switzerland, United Kingdom, Argentina, Brazil, Chile, Colombia, Mexico, Venezuela, China, Hong Kong, India, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Israel, Saudi Arabia, and Russia. Data: Federal Reserve Board. Monthly and quarterly average rates. Index rebased by BEA. 3. Weighted average of the foreign exchange value of the U.S. dollar against broad-index currencies that circulate widely outside the country of issue, including the currencies of the euro area countries, Australia, Canada, Japan, Sweden, Switzerland, and the United Kingdom. The weight for each currency is its broad-index weight divided by the sum of the broad-index weights for all of the currencies included in the major currency index. Data: Federal Reserve Board. Monthly Feb. March May June July Aug. Sept. Oct. Nov. Dec. 83.8 74.9 95.5 84.0 75.6 95.1 83.4 75.1 94.4 85.6 78.4 95.2 87.7 79.9 98.0 93.5 85.1 104.6 95.9 87.6 106.8 94.9 85.4 107.3 86.0 86.8 84.0 89.8 87.4 85.2 89.9 86.8 83.5 88.9 84.8 89.1 88.8 88.2 89.6 90.6 89.6 91.8 95.5 94.7 96.6 96.1 95.9 96.5 94.5 92.9 96.4 66.7 65.8 66.9 66.7 69.3 69.6 78.0 80.1 81.2 73.6 83.3 73.2 90.6 103.8 111.5 74.5 84.0 75.4 92.1 103.1 109.7 74.5 83.9 74.8 94.4 73.6 83.0 74.2 94.3 91.0 107.6 111.1 88.2 100.8 107.0 105.2 80.8 91.8 80.1 94.1 105.3 119.3 87.4 97.8 82.5 102.0 77.5 87.5 78.2 96.5 99.9 106.7 85.6 129.5 150.2 125.0 144.2 86.0 85.8 82.3 80.6 132.5 158.4 and quarterly average rates. Index rebased by BEA. 4. Weighted average of the foreign exchange value of the U.S. dollar against broad-index currencies that do not circu late widely outside the country of issue, including the currencies of Argentina, Brazil, Chile, Colombia, Mexico, Venezuela, China, Hong Kong, India, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Israel, Saudi Arabia, and Russia. The weight for each currency is its broad-index weight divided by the sum of the broad-index weights for all of the currencies included in the other important trading partners index. Data: Federal Reserve Board. Monthly and quarterly average rates. Index rebased by BEA. 5. Data: Federal Reserve Board. Monthly and quarterly average rates. Indexes prepared by BEA. 6. The euro area includes Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Nether lands, Portugal, Slovenia, and Spain; beginning with the first quarter of 2008, also includes Cyprus and Malta. April 2009 S u rv ey of C u rrent B usiness Passenger fare receipts decreased $1.1 billion to $7.6 billion, largely reflecting a drop in the number of for eign visitors to the United States. Passenger fare pay ments edged down $0.2 billion to $8.2 billion. “Other” transportation receipts decreased $2.4 bil lion to $13.3 billion. Port services receipts fell sharply, partly as a result of decreases in foreign air and ocean carriers’ expenditures for fuel in U.S. ports. Freight re ceipts also tumbled, as the weakening global economy reduced the volume of U.S. goods exports and put downward pressure on freight rates. “Other” transpor tation payments decreased $2.4 billion to $16.5 billion. Port services payments fell sharply, partly as a result of a drop in U.S. air carriers’ expenditures for fuel in for eign ports. Freight payments also decreased substan tially as a result of a drop in the volume of U.S. goods imports and lower freight rates. “Other” private services receipts decreased $1.0 bil lion to $59.4 billion. The decrease largely resulted from a second consecutive quarterly decline in receipts for financial services. “Other” private services payments Chart 5. Nominal Indexes of Foreign Currency Price 17 decreased $0.6 billion to $38.4 billion. The decrease re sulted from declines in payments for business, profes sional, and technical services and for financial services. Income The surplus on income increased to $36.5 billion in the fourth quarter from $29.6 billion in the third quarter. Income receipts decreased $25.6 billion, or 13 percent, to $166.7 billion. Income payments decreased $32.6 billion, or 20 percent, to $130.2 billion. Receipts of income on U.S. direct investment abroad decreased $19.1 billion to $76.6 billion. Earnings of foreign affiliates fell sharply amid the slowdown in for eign economic activity, the appreciation of the U.S. dollar against most major foreign currencies, and the unsettled conditions in financial markets. Earnings in nearly all major industry categories and in all major geographic areas decreased substantially. Payments of income on foreign direct investment in the United States decreased $23.6 billion to $8.0 bil lion, the lowest since the fourth quarter of 2002. Earn ings of U.S. affiliates fell sharply, reflecting lower earnings in nearly all major industry categories. Earn ings of manufacturing affiliates fell substantially, and earnings of finance and insurance affiliates were nega tive in the fourth quarter after having been positive in the third quarter. Petroleum-related affiliates contrib uted to the fall in manufacturing earnings as well as to the declines in earnings in wholesale trade and in “other” industries. The shift to losses by finance and insurance affiliates was more than accounted for by a shift to losses by depository institutions, such as com mercial banks. Receipts of “other” private income decreased $7.4 billion to $87.2 billion, and payments of “other” pri vate income decreased $7.7 billion to $79.4 billion. The decreases mostly resulted from declines in interest re ceipts on banks’ claims and interest payments on banks’ liabilities. These claims and liabilities are mostly dollar-denominated, short-term instruments, and the interest rates on them fell as a result of the easing of U.S. monetary policy in the fourth quarter. U.S. government income receipts increased $0.8 bil lion to $2.2 billion, mostly as a result of income earned on temporary reciprocal currency swaps between the U.S. Federal Reserve and foreign central banks. U.S. government income payments decreased $1.4 billion to $40.1 billion. The decrease mostly resulted from a decline in payments on agency bonds. Receipts for compensation of U.S. workers abroad edged up to $0.8 billion from $0.7 billion, and payments for compensation of foreign workers in the United States edged up to $2.6 billion from $2.5 billion. U.S. International Transactions 18 Unilateral current transfers Net unilateral current transfers to foreigners were $28.9 billion in the fourth quarter, down from $30.0 billion in the third quarter. The decrease was more than accounted for by a decrease in private remittances and other transfers. Capital Account, Fourth Quarter Net capital account payments (outflows) edged down to $0.6 billion in the fourth quarter from $0.7 billion in the third quarter.4 Financial Account, Fourth Quarter Financial-account transactions continued to be af fected by the unsettled financial market conditions that began in the third quarter of 2007. Additional strains in global financial markets emerged in the last half of September 2008 and continued throughout the 4. Capital-account transactions consist largely of changes in the financial assets of migrants as they enter or leave the United States and U.S. govern ment debt forgiveness. fourth quarter. During this time, many large financial institutions came under pressure, as their housing-re lated assets continued to fall in value and as their other assets became increasingly impaired because of the global slowdown in economic activity. Banks and other institutions sought to maintain liquidity by limiting their lending. Many short-term funding markets ceased to function normally— including interbank markets and markets for commercial paper, repurchase agreements, and other short-term instruments— lead ing to liquidity problems for some large financial insti tutions. Stock and corporate bond prices fell sharply, and U.S. Treasury security prices surged, as investors became exceptionally risk averse. Spreads between yields on a wide variety of credit instruments and yields on U.S. Treasury securities rose sharply (charts 6 and 7). U.S. and foreign governments responded by further easing monetary policies and by developing and implementing additional measures to support the liquidity of financial institutions and foster improved conditions in financial markets. Chart 6. Money Market Yields and Spreads 1.30-day yields. LIBOR London Interbank Offered Rate Data: British Bankers’ Association, Federal Reserve Board. U.S. Bureau of Economic Analysis April 2009 Source: Merrill Lynch. U.S. Bureau of Economic Analysis April 2009 U.S.-owned assets abroad Net U.S.-owned assets abroad decreased $84.4 billion in the fourth quarter after a decrease of $28.1 billion in the third quarter. The larger decrease resulted from a much larger decrease in claims reported by U.S. banks and securities brokers. The larger decline in bank claims was partly offset by a larger increase in U.S. gov ernment assets other than official reserve assets, a pickup in net financial outflows for U.S. direct invest ment abroad, and a smaller decrease in claims reported by U.S. nonbanking concerns. U.S. official reserve assets. U.S. official reserve as sets increased $3.1 billion in the fourth quarter after an increase of $0.2 billion in the third quarter. The fourth-quarter increase largely resulted from an in crease in the U.S. reserve position in the International Monetary Fund (IMF), as the IMF extended loans to a few countries that were experiencing financial difficul ties. U.S. government assets other than official reserve assets. U.S. government assets other than official re serve assets increased $265.2 billion in the fourth quar ter after an increase of $226.0 billion in the third quarter. The large increases in both quarters resulted from drawings on temporary reciprocal currency ar rangements (swap lines) between the U.S. Federal Re serve and foreign central banks that do not meet the strict definition of U.S. reserve assets. The swap lines allow foreign central banks to obtain U.S. dollars, for a limited period of use, directly from the Federal Reserve in exchange for foreign currencies. These swap lines were established in the fourth quarter of 2007 to ad dress elevated pressures in short-term U.S.-dollar funding markets in Europe during the early stages of the ongoing financial market turmoil. The lines were expanded substantially in the last 2 weeks of Septem ber 2008, as short-term U.S.-dollar funding pressures worldwide became more acute. In the fourth quarter, limits on swap lines between the Federal Reserve and four major foreign central banks were removed, and additional lines were established between the Federal Reserve and several other foreign central banks. Nearly 80 percent of the net drawings in the fourth quarter were by the European Central Bank and the Bank of Ja pan. Claims reported by banks and by nonbanks. U.S. claims on foreigners reported by U.S. banks and secu rities brokers decreased $298.0 billion in the fourth quarter after a decrease of $134.4 billion in the third quarter (chart 8). (Examples of these claims are depos its of U.S. residents placed at foreign banks, U.S. bank loans to foreigners, and resale agreements, which are collateralized short-term loans.) Claims have de creased for three consecutive quarters, representing a 19 S u rv ey of C urren t B usiness significant cutback in international lending by U.S. banks and brokers, and the decrease in the fourth quarter was exceptionally large. In the fourth quarter, banks and other institutions became very cautious in lending to each other and to nonfinancial businesses and consumers. Some large financial institutions expe rienced liquidity problems. Spreads on short-term credit instruments surged (chart 6). Banks’ own claims denominated in dollars de creased $358.1 billion, the largest decrease on record by far, after a decrease of $71.1 billion. The fourthquarter decrease mostly resulted from an exceptionally large decrease in securities brokers’ claims that coin cided with an even larger decrease in brokers’ liabilities to foreigners. The decreases mostly resulted from re ductions in claims and liabilities of foreign-owned brokers in the United States, but claims and liabilities of U.S.-owned brokers also fell substantially. The de creases mainly reflected decreases in claims for resale agreements and in liabilities for repurchase agree ments, which are short-term instruments that became difficult to initiate or rollover beginning in the last half of September. The bankruptcy of a large U.S. invest ment bank, continued deleveraging of financial insti tutions’ balance sheets, and further reductions in lending to leveraged investors as stock and corporate bond prices fell sharply all contributed to the strains in markets for repurchase agreements and other short term instruments. Chart 8. U.S. Claims and Liabilities Reported by U.S. Banks and Securities Brokers, 2007:1— 2008:1V1 Billion $ 300 250 200 150 10 0 50 0 -5 0 -100 -1 50 -200 -2 50 -3 00 -3 50 2007:I-2008:IV 2007:1-2008: IV 1. Under balance-of-payments concepts, increases in U.S. claims are shown with a negative sign in tables 1-12, and decreases in U.S. claims are shown with a positive sign. U.S. Bureau of Economic Analysis 20 U.S. International Transactions Claims of foreign-owned banks in the United States also decreased substantially. The decrease coincided with a large increase in foreign-owned banks’ liabilities to foreigners, resulting in a very large net flow of funds to these banks from banks abroad, mainly from parent and other affiliated offices. Some of the funds were used to bolster the balance sheets of foreign-owned banks in the United States that were suffering in creased losses on their loan and securities holdings. In contrast, claims of U.S.-owned banks in the United States increased substantially. The increase co incided with an even larger increase in U.S.-owned banks’ liabilities to foreigners, resulting in a net flow of funds to these banks from banks abroad, mainly from affiliated offices. Banks’ domestic customers’ claims denominated in dollars increased $46.5 billion after a decrease of $50.9 billion. The increase was more than accounted for by a very large increase in customers’ dollar deposits and brokerage balances at banks abroad after three consec utive quarters of decreases. Claims reported by U.S. nonbanking concerns de creased $63.1 billion in the fourth quarter after a de crease of $89.5 billion in the third quarter. (Examples of these claims are deposits of nonbanking concerns placed at foreign banks and intercompany debt claims of U.S. nonbank financial intermediaries on foreign af filiated financial companies.) These claims have de creased in every quarter since the third quarter of 2007. The decrease in the fourth quarter was more than accounted for by a large decline in deposits abroad. Foreign securities. Net U.S. sales of foreign securi ties were $77.0 billion in the fourth quarter, down from $82.6 billion in the third quarter. The size of the net sales in both quarters was unprecedented. Net U.S. sales of foreign bonds were $37.3 billion, down from $67.8 billion (chart 9). The net sales in the last two quarters followed three quarters of reduced net U.S. purchases after financial markets became un settled in the third quarter of 2007. Net U.S. sales of foreign bonds were very large in September of 2008, when strains in global financial markets heightened. Net U.S. sales eased in October though strains in creased further and spreads on virtually all types of credit instruments increased sharply. Net U.S. sales continued in November and December. Global bond issuance remained low in the fourth quarter. Net U.S. sales of foreign bonds to Europe decreased substan tially despite a pickup in net sales to the United King dom. Net U.S. sales to “other” areas (mainly Australia) also decreased, and transactions with Asia shifted from net sales to net purchases. In contrast, net U.S. sales to Caribbean financial centers, to Latin America, and to April 2009 Canada increased. Net U.S. sales of foreign stocks were $39.7 billion, the largest on record, up from $14.8 billion. Net sales were strongest in October and November, when global stock markets fell sharply, amid heightened concerns about the stability of financial markets and indications that several industrialized nations had slipped into re cession. For the quarter, a broad index of foreign stock market prices decreased nearly 20 percent in local cur rency terms, the largest quarterly decline in 18 years. The increase in net U.S. sales of foreign stocks largely resulted from a decrease in net U.S. purchases from Caribbean financial centers and an increase in net U.S. sales to Europe. Direct investment. Net financial outflows for U.S. direct investment abroad were $85.3 billion in the fourth quarter, up from $52.4 billion in the third quar ter. The pickup resulted from a larger increase in net equity capital investment abroad in the fourth quarter than in the third quarter and a smaller decrease in net intercompany debt investment abroad. In contrast, reinvested earnings slowed. The pickup in net equity capital investment largely reflected equity capital in vestment in finance and insurance affiliates abroad. Foreign-owned assets in the United States Net foreign-owned assets in the United States de creased $7.6 billion in the fourth quarter, the first de crease since the first quarter of 1990, after an increase Chart 9. Transactions in Foreign Securities, 2007; I-2008: IV1 ____________________ Billion $ 1. Under balance-of-payments concepts, net U.S. purchases of foreign securities are shown with a negative sign in tables 1-12, and net U.S. sales are shown with a positive sign. U.S. Bureau of Economic Analysis April 2009 of $123.3 billion in the third quarter. The shift resulted from shifts from increases to decreases in U.S. liabili ties reported by U.S. nonbanking concerns and in for eign official assets in the United States. These shifts were partly offset by a much smaller decrease in U.S. li abilities reported by U.S. banks in the fourth quarter than in the third quarter and by a slowdown in net for eign sales of U.S. securities other than U.S. Treasury se curities. Foreign official assets. Foreign official assets in the United States decreased $13.6 billion in the fourth quarter, the first decrease since the second quarter of 2001, after an increase of $116.1 billion in the third quarter. The decrease occurred as some foreign gov ernments sold foreign exchange reserves to stabilize the value of their currencies during the financial crisis. By area, the assets of European countries decreased substantially after a small increase, and the assets of Asian countries increased less in the fourth quarter than in the third quarter. By instrument, foreign offi cial assets reported as liabilities by U.S. banks de creased sharply, and net sales of “other” U.S. government securities, mainly federally sponsored agency securities, surged. These changes were partly offset by a strong rise in net purchases by foreign offi cial institutions of U.S. Treasury securities. Liabilities reported by banks and by nonbanks. U.S. liabilities reported by U.S. banks and securities brokers, excluding U.S. Treasury securities, decreased $35.1 billion in the fourth quarter after a decrease of $124.7 billion in the third quarter (chart 8). (Examples of these liabilities are deposits of foreign residents placed at banks in the United States, loans made by banks abroad to banks in the United States, and repur chase agreements, which are collateralized short-term loans made by foreign residents to U.S. residents.) Banks’ own liabilities denominated in dollars de creased $7.9 billion after a decrease of $67.9 billion. The small fourth-quarter decrease resulted from an ex ceptionally large decrease in securities brokers’ liabili ties that was almost completely offset by an exceptionally large increase in banks’ liabilities. (See the section “Claims reported by banks and by non banks” for a discussion of changes in liabilities in con junction with changes in claims.) The decrease in brokers’ liabilities was largely accounted for by foreignowned brokers in the United States, but U.S.-owned brokers’ liabilities also decreased substantially. The in crease in banks’ liabilities was mostly accounted for by U.S.-owned banks, but foreign-owned banks’ liabilities also increased substantially. Banks’ customers’ liabilities denominated in dollars decreased $29.6 billion, the third consecutive quarterly decrease, after a decrease of $56.9 billion. The fourth 21 S u rv ey o f C u rren t B usiness quarter decrease was accounted for by declines in ne gotiable certificates of deposit and other short-term in struments and in “other” liabilities. U.S. liabilities reported by U.S. nonbanking con cerns decreased $130.1 billion in the fourth quarter, in sharp contrast to an increase of $71.1 billion in the third quarter. The very large decrease largely resulted from a decline in “other” liabilities— such as loans, ad vances, and other borrowings by nonbanking con cerns— to the United Kingdom. U.S. Treasury securities. Net foreign purchases of U.S. Treasury securities were $89.5 billion in the fourth quarter, up slightly from $89.1 billion in the third quarter (chart 10). Net foreign purchases of U.S. Trea sury securities have been very strong since the third quarter of 2007. As in the previous quarter, investor demand for short-term U.S. Treasury securities was ex ceptionally strong, as yields on 3-month Treasury bills became negative on several occasions in December. Net foreign purchases of short-term U.S. Treasury se curities were $60.6 billion in the fourth quarter, down from $77.1 billion in the third quarter, but the net pur chases in both quarters were much higher than net purchases of short-term securities in any previous quarter. Other U.S. securities. Net foreign sales of U.S. secu rities other than U.S. Treasury securities were $28.8 billion in the fourth quarter, down from $91.4 billion in the third quarter. Before the third quarter of 2007, foreign investors typically had large net purchases of these securities. In sharp contrast, foreign investors had net sales in four of the last six quarters. Chart 10. Transactions in U.S. Debt Securities, 2007:1— 2008:1V_______________________________ Billion $ io u ■ Corporate bonds 160 m Agency bonds ■ US.Treasury securities 140 12 0 10 0 80 ll 60 40 20 0 -2 0 " Net foreign purchases (+) - 8 ............................. . I Net foreign sales (-) -4 0 -6 0 I I I I I I 2007:I-2008:IV 2007:1-2008: IV Excludes transactions in foreign official assets. U.S. Bureau of Economic Analysis N ote . 2007:I-2008:IV 22 U.S. International Transactions Net foreign sales of U.S. corporate bonds were $3.7 billion, down from $35.5 billion (chart 10). Net for eign sales were substantial in October and November, when corporate bond prices, particularly of structured and high-yield instruments, fell sharply, and spreads rose sharply (chart 7). However, the net foreign sales in those 2 months were largely offset by very strong net foreign purchases in December, when new issues of investment-grade corporate bonds surged, mostly as a result of new issues by banks and other financial insti tutions under the Federal Deposit Insurance Corpora tion’s Temporary Liquidity Guarantee Program. New issues of structured and high-yield corporate bonds re mained virtually nonexistent in the fourth quarter. Net foreign sales of U.S. federally sponsored agency bonds were $21.4 billion, down from $58.8 billion. It was the fourth consecutive quarter of net foreign sales of agency bonds. The U.S. government had placed two large housing-related federally sponsored agencies into conservatorship in September in an attempt to stabi lize their financial condition. However, spreads on agency securities increased in October and November, and foreigners had net sales of agency securities in both months. In late November, the Federal Reserve announced plans to purchase direct obligations of housing-related agencies and mortgage-backed securi ties guaranteed by the agencies. Prices of agency secu rities increased substantially after the announcement, but net foreign sales of the securities continued in De cember. For the quarter, transactions with investors in Europe shifted to net purchases from net sales, and net sales from Asia decreased. In contrast, transactions with investors in Caribbean financial centers shifted to large net sales. Net foreign sales of U.S. stocks were $3.6 billion, a shift from net foreign purchases of $2.9 billion. In the last four quarters, foreign transactions have been net sales or small net purchases. The Standard and Poor’s 500 stock price index fell 22 percent in the fourth quar ter, as a result of sharp declines in October and No vember. Transactions in U.S. stocks by investors in Caribbean financial centers, which have been net sales or small net purchases since the third quarter of 2007, shifted to net sales in the fourth quarter. Transactions by investors in Europe, which were net sales or small net purchases in the previous three quarters, also shifted to net sales in the fourth quarter. In contrast, transactions by investors in Asia shifted to large net purchases from net sales. U.S. currency. Net U.S. currency shipments to for eigners were $29.9 billion in the fourth quarter, up from $5.8 billion in the third quarter. The high level of shipments in the fourth quarter likely reflected in creased foreign demand for U.S. dollars as the financial April 2009 crisis intensified. Direct investment. Net financial inflows for foreign direct investment in the United States were $80.6 bil lion in the fourth quarter, up from $57.3 billion in the third quarter. The pickup was more than accounted for by a substantial increase in net equity capital invest ment in the United States, arising from foreign acquisi tions of U.S. manufacturing companies. In addition, net intercompany debt investment in the United States decreased less in the fourth quarter than in the third quarter. In contrast, reinvested earnings were negative for the first time since the fourth quarter of 2006 as a result of a sharp decline in foreign affiliates’ earnings. The Year 2008 The U.S. current-account deficit decreased to $673.3 billion (preliminary) in 2008, the smallest deficit since 2004, from $731.2 billion in 2007 (table D). The de crease resulted from increases in the surpluses on in come and on services. These increases were partly offset by increases in net unilateral current transfers to foreigners and in the deficit on goods. Net financial inflows to the United States were $546.6 billion in 2008, down from $774.3 billion in 2007. Both net acquisitions by foreign residents of as sets in the United States and net acquisitions by U.S. residents of assets abroad slowed sharply, but net ac quisitions by foreign residents slowed more than net acquisitions by U.S. residents. The statistical discrep ancy was $129.3 billion in 2008, compared with a neg ative $41.3 billion in 2007. Table D. Selected U.S. International Transactions [Billions of dollars] Corresponding lines in tables 1 and 12 are indicated in () (Credits +; debits -) 2006 2007 2008 p Change from preceding year 2007 2008 p Current account 321.3 125.4 63.3 132.6 127.7 142.9 47.2 -62.3 Imports of goods and services and income payments (18) -2,838.3 -3,082.0 -3,144.8 -243.8 Goods, balance of payments basis (20)............................. -1,861.4 -1,967.9 -2,112.2 -106.5 Services (21)..................................................................... -348.9 -378.1 -404.7 -29.2 Income payments (29)....................................................... -628.0 -736.0 -627.9 -108.1 -62.8 -144.3 -26.6 108.1 Exports of goods and services and income receipts (1)... Goods, balance of payments basis (3 )............................... Services (4 )....................................................................... Income receipts (12).......................................................... Unilateral current transfers, net (35)................................... 2,142.2 1,023.1 433.9 685.2 2.463.5 1.148.5 497.2 817.8 2.591.3 1.291.4 544.4 755.5 -112.7 -119.7 -20.7 -7.0 -1,251.7 -1,289.9 -52.5 -38.1 1,237.4 -92.0 Financial account U.S.-owned assets abroad, excluding financial derivatives (increase (-)) (40)......................................... Foreign-owned assets in the United States, excluding financial derivatives (increase (+)) (55)........................... 2,061.1 2,057.7 599.0 Financial derivatives, net (70)............................................. 29.7 6.5 n.a. -23.2 -6.5 Statistical discrepancy (71)................................................. -47.1 -41.3 129.3 5.8 170.6 Memoranda: Balance on goods (72)........................................................... Balance on services (73)....................................................... Balance on income (75)......................................................... Balance on current account (77)............................................. Net financial flows (40,55, and 70)........................................ -838.3 85.0 57.2 -788.1 839.1 -819.4 119.1 81.7 -731.2 774.3 -820.8 139.7 127.6 -673.3 546.6 18.9 34.1 24.6 56.9 -64.7 -1.5 20.6 45.8 57.9 -227.8 p Preliminary n.a. Not available -3.4 -1,458.7 April 2009 23 S u rv ey o f C urrent B usiness Current Account, 2008 Goods The deficit on goods increased to $820.8 billion in 2008 from $819.4 billion in 2007 (table D). The slight increase followed a decrease in 2007 and very large in creases from 2002 to 2006. Export growth was consid erably higher than import growth for the second consecutive year, as nonpetroleum imports have slowed sharply. In the last 2 years, the deficit on non petroleum products decreased $132.9 billion, but the deficit on petroleum and products increased $115.4 billion. Exports. Goods exports increased $142.9 billion, or 12.4 percent, in 2008 after an increase of $125.4 billion, or 12.3 percent, in 2007 (tables B and D). Real exports increased 6.8 percent, and export prices increased 5.3 percent. Growth in current-dollar exports, which had picked up in 2004, remained strong through the first half of 2008 as a result of strong economic growth abroad, the cumulative effect of the depreciation of the dollar against many foreign currencies, and rising prices for commodity exports. However, export growth slowed considerably in the third quarter, and exports decreased sharply in the fourth quarter. Industrial supplies and materials increased $70.9 billion, or 22 percent, after an increase of $40.3 billion, or 15 percent. The increase in 2008 reflected substan tial increases both in export prices and in volume. En ergy products surged 71 percent, and chemicals continued to increase strongly. Foods, feeds, and beverages increased $24.2 billion, or 29 percent, after an increase of $18.3 billion, or 28 percent. The large increases in both years mostly re sulted from increases in prices, although export vol ume also grew strongly in 2007 and the first half of 2008. Capital goods increased $22.0 billion, or 5 percent, after an increase of $32.4 billion, or 8 percent. The slowdown resulted from a decrease in civilian aircraft and parts in 2008 after a strong increase in 2007. Capi tal goods excluding civilian aircraft and parts increased at the same rate in 2008 as in 2007, and the growth in both years stemmed from many of the same commod ity categories. Consumer goods increased $15.1 billion, or 10 per cent, after an increase of $17.0 billion, or 13 percent. The slowdown resulted from a smaller increase in du rable goods in 2008 than in 2007. Automotive vehicles, parts, and engines decreased $0.1 billion, or less than 1 percent, after an increase of $14.1 billion, or 13 percent. The decrease, which was the first decrease since 2001, resulted from a substan tial drop in automotive exports to Canada. Imports. Goods imports increased $144.3 billion, or 7.3 percent, in 2008 after an increase of $106.5 bil lion, or 5.7 percent, in 2007 (tables B and D). Real im ports decreased 3.4 percent, and import prices increased 11.1 percent. Import growth had slowed in 2007, as growth in nonpetroleum products eased in re sponse to weaker U.S. domestic demand and as growth in petroleum and products also moderated. The pickup in import growth in 2008 mostly reflected very strong growth in petroleum and products in the first three quarters of the year. In the fourth quarter, both petroleum and nonpetroleum products fell sharply, as petroleum prices plunged and U.S. domestic demand declined considerably. Petroleum and products increased $122.3 billion, or 37 percent, after an increase of $28.5 billion, or 9 per cent. The surge in 2008 was attributable to a 43 percent increase in the annual average price per barrel of pe troleum, to $95.54. The average number of barrels im ported daily decreased for the third consecutive year. Nonpetroleum industrial supplies and materials in creased $20.6 billion, or 7 percent, after an increase of $8.3 billion, or 3 percent. The pickup largely resulted from a much stronger increase in chemicals in 2008 than in 2007, and to a lesser extent, an upturn in iron and steel products and a pickup in steelmaking materi als. The increases in these products partly reflected in creases in their prices. Capital goods increased $9.4 billion, or 2 percent, after an increase of $26.2 billion, or 6 percent. After Annual Revision of the U.S. International Accounts The annual revision of the U.S. international accounts to be released in June 2009 will introduce several improvements. BEA will incorporate results from the U.S. Treasury Department’s annual survey of Foreign Portfolio Investment in the United States for June 2008 and its annual survey of U.S. Portfolio Invest ment Abroad for December 2008. BEA will also introduce a new treatment of disasterrelated insurance transactions that is consistent with the new treatment that will be introduced in the forth coming comprehensive revision of the national income and product accounts. The treatment of disas ters will be changed to better reflect the distinctions among current transactions, capital transactions, and events that directly affect balance sheets and to bring both the national and international accounts into alignment with recent changes in international stan dards. As part of this new treatment, BEA will record certain international insurance transactions in the capital account rather than as a component of unilat eral transfers in the current account. 24 U.S. International Transactions growing strongly from 2004 to 2006, capital goods grew less strongly in 2007 and slowed further in 2008. Computers, peripherals, and parts decreased $4.3 bil lion in 2008, the first decrease in 7 years. Civilian air craft, engines, and parts increased much less strongly in 2008 after a surge in 2007. Foods, feeds, and beverages increased $7.3 billion, or 9 percent, after an increase of $6.7 billion, or 9 per cent. Import prices of food products increased 12 per cent after an increase of 8 percent. Consumer goods increased $6.7 billion, or 1 per cent, after an increase of $32.4 billion, or 7 percent. The marked deceleration, following 6 years of strong growth, was largely attributable to a slowdown in du rable goods. Automotive vehicles, parts, and engines decreased $25.4 billion, or 10 percent, after an increase of $2.3 billion, or 1 percent. After slowing substantially in 2007 as U.S. domestic sales of motor vehicles weak ened, imports of automotive products fell sharply in April 2009 2008 as U.S. motor vehicles sales plummeted. Balances by area. The deficit with Asia and Pacific except China decreased $23.8 billion, to $129.9 billion, in 2008 after a decrease of $23.0 billion in 2007 (table E). The deficit with Latin America and Other Western Hemisphere decreased $15.7 billion, to $89.6 billion, after a decrease of $7.3 billion. The deficit with Europe decreased $13.6 billion, to $116.7 billion, after a de crease of $12.2 billion. In contrast to these decreases, the deficit with the Middle East increased $22.2 billion, to $56.0 billion, after a decrease of $2.4 billion. The deficit with Africa increased $16.2 billion, to $85.3 bil lion, after an increase of $6.8 billion. The deficit with China increased $10.1 billion, to $266.7 billion, after an increase of $23.5 billion. Services The surplus on services increased to $139.7 billion in 2008 from $119.1 billion in 2007 (table D). The sur plus has increased strongly since falling to a low of Table E. U.S. Trade in Goods by Major End-Use Category for Selected Areas and Countries [Balance of payments basis, millions of dollars] Europe Latin America and Other Western Hemisphere Germany United Kingdom Mexico 2006 2007 2008 p 2006 2007 2006 2007 2006 2007 2008 p 2006 2007 2008 p Exports............................................................... Agricultural products.................................... Nonagricultural products............................. 241,274 9,890 231,384 280,845 12,458 268,387 324,405 14,773 309,632 44,215 1,289 42,926 48,733 1,385 47,348 52,815 1,409 51,406 40,743 1,078 39,665 49,025 1,417 47,608 54,303 1,917 52,386 222,298 17,353 204,945 243,063 21,295 221,768 289,000 28,350 260,650 133,892 10,942 122,950 135,962 12,793 123,169 151,424 16,220 135,204 Foods, feeds, and beverages........................... Industrial supplies and materials...................... Capital goods, except automotive..................... Automotive vehicles, parts, and engines.......... Consumer goods (nonfood), except automotive Exports, n.e.c................................................... 8,575 62,417 101,987 15,461 45,739 7,095 10,778 73,858 113,266 20,294 54,077 8,572 13,115 95,549 120,597 22,474 61,430 11,240 1,248 11,632 17,985 1,952 9,831 1,567 1,383 12,978 19,034 2,403 1,000 1,834 1,407 14,997 19,543 2,172 11,903 2,793 7,625 19,188 6,780 4,965 1,185 1,349 8,780 21,563 8,800 7,236 1,297 1,821 9,868 21,804 10,306 8,847 1,657 15,657 75,831 80,205 21,040 21,296 8,269 19,303 84,710 84,231 23,594 22,070 9,155 25,714 106,228 97,484 24,068 24,634 10,872 9,947 45,038 46,761 16,956 10,600 4,590 11,622 46,890 43,331 18,563 10,760 4,796 14,629 54,710 46,406 18,752 11,749 5,178 Imports............................................................... Petroleum and products............................... Nonpetroleum products................................ 383,812 40,991 342,821 411,179 43,997 367,182 441,111 58,540 382,571 53,187 6,872 46,315 56,367 7,753 48,614 57,920 8,494 49,426 89,237 1,852 87,385 94,280 97,666 2,069 95,597 378,636 123,815 254,821 201,195 33,502 167,693 213,552 33,726 179,826 218,678 41,746 176,932 18,535 107,310 100,180 45,494 95,539 16,754 20,190 114,108 107,458 46,448 104,657 18,318 20,351 133,687 114,002 42,617 110,063 20,391 1,673 14,440 14,753 6,258 12,643 3,420 1,883 15,847 14,851 5,378 14,530 3,878 1,891 16,709 14,738 5,159 15,742 3,681 1,056 15,416 29,991 26,706 12,447 3,621 1,245 17,065 34,967 25,978 14,745 3,666 334,876 91,585 243,291 22,676 141,772 50,745 54,454 54,124 11,105 348,378 94,914 253,464 Foods, feeds, and beverages............................ Industrial supplies and materials...................... Capital goods, except automotive..................... Automotive vehicles, parts, and engines.......... Consumer goods (nonfood), except automotive Imports, n.e.c., and U.S. goods returned.......... 92,078 1,153 16,372 32,422 26,071 14,413 3,849 24,509 144,531 54,949 55,510 57,631 11,248 26,121 177,117 55,216 50,962 57,240 11,980 10,297 50,858 43,553 50,890 37,438 8,159 11,166 51,949 47,028 52,553 42,189 8,667 11,848 60,977 46,328 48,231 42,691 8,603 Balance............................................................... -142,538 -130,334 -116,706 -8,971 -7,634 -5,105 -48,494 -45,255 -43,363 -112,579 -105,316 -89,636 -67,302 -77,589 -67,254 2008 p 11,101 Asia and Pacific, excluding China Canada 2,202 2008 p 2006 2007 2008 p 2006 2007 2008 p 2007 2008 p Exports............................................................... Agricultural products.................................... Nonagricultural products.............................. 230,983 13,599 217,384 249,712 16,231 233,481 261,837 18,507 243,330 219,494 19,908 199,586 243,175 25,154 218,021 261,408 33,494 227,914 55,038 6,714 48,324 65,073 8,310 56,763 71,289 12,173 59,116 57,593 8,509 49,084 60,898 10,255 50,643 65,348 13,381 51,967 96,067 6,635 89,432 105,568 8,189 97,379 109,518 11,216 98,302 Foods, feeds, and beverages............................ Industrial supplies and materials...................... Capital goods, except automotive..................... Automotive vehicles, parts, and engines.......... Consumer goods (nonfood), except automotive Exports, n.e.c.................................................. 13,722 61,248 64,726 56,756 29,404 5,127 16,270 66,940 66,725 60,095 33,185 6,497 18,386 77,348 69,308 52,880 34,835 9,080 18,738 48,206 117,660 5,697 22,484 6,709 23,270 56,886 124,893 6,707 24,857 6,562 31,193 68,341 119,488 6,859 26,520 9,007 4,098 21,278 25,710 1,439 2,160 353 6,321 24,644 29,198 1,990 2,508 412 9,875 26,940 29,158 2,037 2,777 502 8,994 13,425 23,929 2,259 7,819 1,167 10,569 15,141 24,001 2,292 7,684 1,211 13,703 16,898 22,544 2,165 7,739 2,299 5,835 22,354 54,725 1,363 8,463 3,327 7,281 25,938 58,067 1,517 9,747 3,018 10,290 28,952 54,770 1,630 10,395 3,481 Imports............................................................... Petroleum and products.............................. Nonpetroleum products................................ 306,066 46,954 259,112 396,877 10,465 386,412 391,293 8,064 383,229 288,126 927 287,199 321,685 1,230 320,455 337,970 841 337,129 148,560 927 147,633 146,037 1,230 144,807 139,677 537 139,140 110,097 3,944 106,153 111,549 5,505 106,044 106,977 3,232 103,745 15,034 147,293 35,338 70,281 20,386 17,734 338,544 82,109 256,435 19,080 188,486 37,145 54,488 21,516 17,829 396,172 8,246 387,926 Foods, feeds, and beverages............................ Industrial supplies and materials...................... Capital goods, except automotive..................... Automotive vehicles, parts, and engines.......... Consumer goods (nonfood), except automotive Imports, n.e.c., and U.S. goods returned.......... 320,323 54,462 265,861 16,644 157,382 38,100 69,129 21,488 17,580 13,431 53,395 137,794 78,164 101,554 11,834 14,411 54,326 135,174 77,720 103,780 11,466 16,497 55,657 132,138 73,796 101,730 11,475 3,752 28,412 89,168 7,342 156,043 3,409 4,426 29,552 103,271 9,040 171,552 3,844 5,134 35,193 109,992 9,166 174,450 4,035 539 15,013 51,659 60,145 16,662 4,542 573 15,182 49,927 59,253 16,832 4,270 667 14,876 49,824 55,421 15,232 3,657 731 19,349 40,977 14,817 29,807 4,416 763 19,674 41,213 14,819 30,660 4,420 881 18,049 39,745 13,847 29,484 4,971 Balance............................................................... -75,083 -70,611 -76,707 -176,679 -153,703 -129,884 -233,087 -256,611 -266,681 -90,967 -85,139 -74,330 -14,030 -5,981 2,541 p Preliminary n.e.c. Not elsewhere classified 2006 2007 Hong Kong, Republic of Korea, Singapore, Taiwan Japan China 2008 p 2006 2007 2008 p 2006 April 2009 S u rv ey o f C urrent B usiness $54.0 billion in 2003. Services receipts increased $47.2 billion, or 9 percent, to $544.4 billion, after an increase of $63.3 billion, or 15 percent, in 2007. Services pay ments increased $26.6 billion, or 7 percent, to $404.7 billion after an increase of $29.2 billion, or 8 percent. Travel receipts increased $13.8 billion, or 14 percent, after an increase of $11.0 billion, or 13 percent. Re ceipts increased strongly for the second consecutive year, as the number of foreign visitors to the United States and their expenditures were boosted by the de preciation of the dollar against many foreign curren cies and the growth in global economic activity through the first half of 2008. However, the dollar ap preciated and economic activity slowed towards the end of 2008, and travel receipts fell sharply in the fourth quarter. Travel payments increased $3.8 billion, or 5 percent, after an increase of $4.1 billion, or 6 per cent. Passenger fare receipts increased $6.1 billion, or 24 percent, after an increase of $3.6 billion, or 16 percent. The strong increases partly reflected the higher num ber of foreign visitors to the United States. Passenger fare payments increased $3.9 billion, or 14 percent, af ter an increase of $1.0 billion, or 4 percent. “Other” transportation receipts increased $7.8 bil lion, or 15 percent, after an increase of $5.3 billion, or 11 percent. The increase in 2008 mostly resulted from a strong rise in port services receipts, which were boosted by increases in foreign air and ocean carriers’ expenditures for fuel in U.S. ports. Freight receipts also rose substantially, partly reflecting the strong growth in U.S. goods exports in the first half of the year. “Other” transportation payments increased $4.8 bil lion, or 7 percent, after an increase of $1.8 billion, or 3 percent. The increase in 2008 was more than ac counted for by a strong rise in port services payments, which were boosted by an increase in U.S. air carriers’ expenditures for fuel in foreign ports. “Other” private services receipts increased $14.9 bil lion, or 7 percent, after an increase of $34.4 billion, or 18 percent. The slowdown mostly resulted from a slight decrease in receipts for financial services after a very strong increase and a much smaller increase in re ceipts for business, professional, and technical services. “Other” private services payments increased $8.7 bil lion, or 6 percent, after an increase of $19.2 billion, or 15 percent. The slowdown was mostly attributable to a slight decrease in payments for financial services after a very strong increase and a much smaller increase in payments for insurance services. Income The surplus on income increased to $127.6 billion in 2008 from $81.7 billion in 2007 (table D). Income re 25 ceipts decreased $62.3 billion, or 8 percent, to $755.5 billion, in contrast to an increase of $132.6 billion, or 19 percent. Income payments decreased $108.1 billion, or 15 percent, to $627.9 billion, in contrast to an in crease of $108.1 billion, or 17 percent. Receipts of income on U.S. direct investment abroad increased $3.0 billion, or 1 percent, after an increase of $39.7 billion, or 12 percent. The slowdown largely re sulted from a sharp drop in earnings in the fourth quarter. Payments of income on foreign direct investment in the United States decreased $31.0 billion, or 23 per cent, after a decrease of $10.0 billion, or 7 percent. Earnings fell 29 percent after a decrease of 13 percent. Both receipts and payments of “other” private in come decreased substantially in 2008, in contrast to substantial increases in 2007. The decreases mostly re sulted from very large decreases in interest receipts and payments on bank- and nonbank-reported claims and liabilities as a result of a sharp decline in short-term in terest rates. “Other” private income receipts decreased $68.1 billion, or 15 percent, after an increase of $93.0 billion, or 26 percent. “Other” private income pay ments decreased $79.6 billion, or 19 percent, after an increase of $87.4 billion, or 26 percent. Receipts of income on U.S. government assets in creased $2.7 billion, or 120 percent, mostly as a result of income earned on temporary reciprocal currency swaps between the U.S. Federal Reserve and foreign central banks. Payments of income on U.S. govern ment liabilities increased $2.2 billion, or 1 percent. Unilateral current transfers Net unilateral current transfers to foreigners were $119.7 billion in 2008, up from $112.7 billion in 2007. Private remittances and other transfers to for eigners increased $5.1 billion to $77.3 billion, and U.S. government grants increased $1.4 billion to $34.6 bil lion. Financial Account, 2008 U.S.-owned assets abroad U.S. official reserve assets. U.S. official reserve assets increased $4.8 billion in 2008 after a $0.1 billion in crease in 2007 (table F). The increase in 2008 mostly resulted from an increase in the U.S. reserve position in the International Monetary Fund. U.S. government assets other than official reserve assets. U.S. government assets other than official re serve assets increased $529.5 billion after an increase of $22.3 billion. The unprecedented size of the increase in 2008 resulted from drawings on temporary reciprocal currency arrangements between the U.S. Federal Re serve and foreign central banks. 26 U.S. International Transactions Claims reported by banks and by nonbanks. U.S. claims reported by U.S. banks and securities brokers decreased $425.0 billion, in sharp contrast to an in crease of $644.8 billion. Claims had increased strongly from 2004 to mid-2007 as a result of lending to sup port expanding foreign economic activity, syndicated lending, mergers and acquisitions, and investments in capital markets by leveraged investors. Starting in the third quarter of 2007, lending became increasingly driven by heightened pressures in short-term funding markets worldwide and the deleveraging of balance sheets by financial institutions and investors. Claims decreased in each of the last three quarters of 2008, and the decrease in the fourth quarter was particularly large. The decreases in claims in the last three quarters mostly resulted from large reductions in claims of for eign-owned banks and securities brokers in the United States. Claims of U.S.-owned brokers also fell sharply in the fourth quarter. U.S. claims reported by U.S. nonbanking concerns decreased $283.8 billion after an increase of $0.7 bil lion. The decrease reflected a very large decline in non banking concerns’ dollar deposits in banks abroad. Foreign securities. Net U.S. sales of foreign bonds were $84.7 billion, a shift from net U.S. purchases of $170.7 billion. Weak net purchases in the first two quarters of 2008 were followed by very large net sales in the third quarter and considerable net sales in the fourth quarter, as foreign corporate bond prices fell sharply from mid-September to late November and spreads rose sharply. Net U.S. sales of foreign stocks were $6.3 billion, a shift from net U.S. purchases of $118.0 billion. Moder ate net purchases in the first two quarters of 2008 were April 2009 followed by net sales in the third quarter and strong net sales in the fourth quarter, when foreign stock prices fell sharply. Direct investment. U.S. direct investment abroad was $317.8 billion, down from $333.3 billion. The de cline partly resulted from a decrease in reinvested earn ings, reflecting a much larger increase in distributed earnings than in total earnings. In addition, net equity capital investment abroad slowed but remained strong. These changes were partly offset by a smaller decrease in net intercompany debt investment abroad in 2008 than in 2007. Foreign-owned assets in the United States Foreign official assets. Foreign official assets in the United States increased $421.4 billion in 2008 after an increase of $411.1 billion in 2007 (table G). Foreign official assets increased strongly in the first two quar ters of 2008. However, they increased a smaller amount in the third quarter, and they decreased in the fourth quarter for the first time in 7Vi years. Liabilities reported by banks and nonbanks. U.S. liabilities reported by U.S. banks and securities brokers decreased $337.3 billion in sharp contrast to an in crease of $532.8 billion. The heightened pressures in short-term funding markets worldwide and the deleveraging of balance sheets noted in the discussion of U.S. claims reported by banks and brokers contrib uted substantially to the decrease in the U.S. liabilities. Table G. Foreign-Owned Assets in the United States, Excluding Financial Derivatives [Billions of dollars] Change from preceding year (Increase in foreign-owned assets (+), decrease in foreign-owned assets (-)) 2006 2007 Foreign-owned assets, total......................... 2,061.1 2,057.7 599.0 Foreign official assets.............................. U.S. government securities...................... U.S. Treasury securities....................... Other................................................... Other U.S. government liabilities.............. U.S. bank-reported liabilities.................... Other foreign official assets..................... 487.9 428.4 208.6 219.8 421.4 508.1 442.2 65.8 22.4 34.4 411.1 230.3 58.9 171.5 5.3 108.7 66.7 Other foreign assets................................. 1,573.2 1,646.6 177.7 Direct investment................................... Equity capital...................................... Reinvested earnings............................ Intercompany debt.............................. 242.0 117.8 237.5 147.4 68.5 55.3 21.6 325.3 233.6 42.2 49.4 -4.4 29.7 -0.3 -33.8 -26.3 27.9 U.S. Treasury securities........................ -58.2 156.8 307.6 215.0 150.8 U.S. securities other than U.S. Treasury securities........................................... Stocks................................................. Corporate bonds................................. Federally sponsored agency bonds..... 683.4 139.8 517.8 25.8 573.9 182.4 372.1 19.4 -123.6 6.9 -109.5 42.6 -145.7 -6.4 -697.4 -175.5 -371.5 -150.4 2008 p 2007 Table F. U.S.-Owned Assets Abroad, Excluding Financial Derivatives [Billions of dollars] (Increase in U.S.-owned assets (-), decrease in U.S.-owned assets (+)) 2006 2007 2008 p Change from preceding year 2007 U.S.-owned assets, total.......................................... -1,251.7 -1,289.9 U.S. official reserve assets................................... 2.4 U.S. government assets, other than official reserve assets.................................................. 5.3 U.S. private assets............................................... Direct investment............................................. Equity capital.................................................. Reinvested earnings....................................... Intercompany debt......................................... -0.1 22.6 -4.8 -22.3 -529.5 -1,259.5 -1,267.5 -241.2 -32.3 -231.6 -52.5 481.9 -333.3 -317.8 - 88.0 -81.4 -263.3 -246.2 9.8 18.0 2008 p -38.1 1,237.4 -2.5 -4.7 -27.6 -507.2 -8.0 1,749.4 -92.0 -55.7 -31.7 -4.6 15.4 6.6 17.1 - 8.2 2.8 68.8 8.6 -153.7 58.3 0.6 2008" -3.4 -1,458.7 -76.9 -198.1 -149.7 -48.4 2.5 86.3 32.3 10.3 277.7 383.4 -105.6 3.3 -262.4 -8.4 73.5 -1,469.0 87.7 86.2 Foreign securities Stocks ............ Bonds............. -365.2 -137.4 -227.8 -288.7 -118.0 -170.7 91.0 6.3 84.7 76.5 19.4 57.1 379.7 124.3 255.4 U.S. currency......................................... 2.2 -10.7 35.0 -12.9 45.7 U.S. nonbank-reported claims......................... -164.6 -0.7 283.8 163.9 284.5 U.S. nonbank-reported liabilities.......... 242.7 156.3 -29.3 -86.4 -185.6 U.S. bank-reported claims................................ For own accounts............................................ Denominated in dollars............................... For customers’ accounts................................. Denominated in dollars............................... -488.4 -335.1 -312.0 -153.3 -151.6 -644.8 -523.3 -496.8 -121.5 -118.1 425.0 -156.3 1,069.8 337.8 -188.2 861.1 354.0 -184.7 850.8 87.2 31.9 208.7 33.4 202.6 84.5 U.S. bank-reported liabilities................ For own accounts................................ Denominated in dollars.................... For customers’ accounts...................... Denominated in dollars.................... 461.1 301.2 259.7 159.9 157.4 532.8 444.0 370.4 -337.3 -267.0 -266.2 -70.3 -61.1 71.7 142.8 110.7 -71.1 -67.6 -870.2 -711.0 -636.6 -159.1 -150.8 p Preliminary p Preliminary 88.8 89.8 -131.0 April 2009 S u r v ey o f C u rren t B usiness U.S. liabilities reported by U.S. nonbanking con cerns decreased $29.3 billion after an increase of $156.3 billion. U.S. Treasury securities. Net private foreign pur chases of U.S. Treasury securities were $307.6 billion, up from $156.8 billion. The strong pickup resulted from substantial net foreign purchases in every quar ter, but net purchases in the last two quarters of 2008 were particularly strong. Net foreign purchases of short-term U.S. Treasury securities, which are among the lowest risk assets, were $182.1 billion in 2008, more than six times the next largest net purchases of $28.9 billion in 2007. Other U.S. securities. Net foreign purchases of U.S. corporate bonds were $0.6 billion, down sharply from $372.1 billion. In recent years through the first half of 2007, foreign investors had large net purchases of cor porate bonds. In sharp contrast, foreign investors had net sales in three of the four quarters in 2008. Corpo rate bond markets remained under pressure in the first half of 2008, and conditions worsened considerably starting in mid-September, as spreads on most credit instruments rose sharply to record levels. 27 Net foreign purchases of U.S. stocks were $6.9 bil lion, down sharply from $182.4 billion. Foreign inves tors had net sales or small net purchases in the four quarters of 2008. The Standard and Poor’s 500 stock price index declined 38 percent in 2008, mostly as a re sult of a sharp drop from mid-September to late No vember. Net foreign sales of U.S. federally sponsored agency bonds were $131.0 billion, a shift from net foreign pur chases of $19.4 billion. Foreign investors had net sales in all four quarters of 2008, but net sales were largest in the third quarter, when concerns about the financial soundness of two large government-sponsored hous ing agencies prompted the U.S. government to place the two agencies into conservatorship. Direct investment. Foreign direct investment in the United States was $325.3 billion, up from $237.5 bil lion. The pickup mostly resulted from a substantial strengthening in net equity capital investment in the United States, mainly as a result of foreign acquisitions of U.S. companies. Net intercompany debt investment in the United States also picked up. The pickups were partly offset by a slowdown in reinvested earnings. Tables 1 through 12 follow. 28 U.S. International Transactions April 2009 Table 1. U.S. International [Millions Not seasonally adjusted (Credits +; debits - ) 1 Line 2007 2008 p 2007 I II III IV Current account 1 Exports of goods and services and income receipts..................................................................................... 2 Exports of goods and services........................................................................................................................ 3 Goods, balance of payments basis 2........................................................................................................... 4 Services 3.................................................................................................................................................... 5 Transfers under U.S. military agency sales contracts 4............................................................................ 6 Travel.............. 7 8 Passenger fares Other transportation 2,463,505 2,591,254 566,539 608,364 634,480 1,645,726 1,835,786 381,201 404,467 420,832 439,225 1,148,481 1,291,371 267,716 285,008 287,925 307,832 497,245 16,052 544,414 15,115 113,485 4,629 132,908 3,881 131,393 3,542 96,712 25,586 51,586 110,469 31,638 59,407 19,658 5,529 11,873 119,459 4,000 24,387 5,848 12,575 29,159 13,018 23,508 7,340 14,120 88,212 18,490 53,010 296 19,683 52,679 288 21,588 58,084 309 22,853 59,710 320 185,339 184,606 81,973 102,063 570 733 203,897 203,160 91,434 111,187 539 737 213,647 212,901 95,105 117,275 521 746 -793,312 214,897 214,141 99,764 113,774 603 756 -797,288 6,868 654,122 Royalties and license fees 5 Other private services 5 .......................................................................................................................... U.S. government miscellaneous services................................................................................................ 82,614 223,483 1,212 238,334 1,239 Income receipts............................................................................................................................................... Income receipts on U.S.-owned assets abroad Direct investment receipts................. Other private receipts........................ U.S. government receipts.................. Compensation of employees....................................................................................................................... 817,779 814,807 368,275 444,299 2,233 2,972 755,468 752,421 371,268 376,249 4,904 3,048 18 Imports of goods and services and income payments.................................................................................. -3,082,014 -3,144,807 -713,978 -777,437 19 -2,345,984 -2,516,915 -541,050 -583,705 -603,246 -617,983 -1,967,853 -2,112,196 -454,424 -487,304 -503,513 -522,612 -378,130 -32,820 -404,719 -36,542 -86,626 -7,915 -96,401 -8,085 -99,733 -8,132 -95,371 - 8,688 9 10 11 12 13 14 15 16 17 20 21 22 Imports of goods and services ................................................................................................................ Goods, balance of payments basis 2 Services 3.................................. Direct defense expenditures.... 23 24 25 Travel..................................... Passenger fares...................................................................................................................................... Other transportation................................................................................................................................ -76,167 -28,486 -67,050 -80,000 -32,429 -71,840 -15,837 -6,158 -15,570 -21,390 -7,588 -16,903 -21,916 -7,841 -17,476 -17,024 -6,899 -17,101 26 27 28 Royalties and license fees 5.................................................................................................................... Other private services 5 .................... U.S. government miscellaneous services -25,048 -144,375 -4,184 -26,468 -153,044 -4,396 -6,386 -33,744 -1,016 - 6,011 -35,406 -1,018 -6,004 -37,294 -1,069 -6,646 -37,931 -1,081 Income payments..................................... -736,030 -627,891 Income payments on foreign-owned assets in the United States................................................................. -726,031 -617,605 Direct investment payments.................................................................................................................... -134,414 -103,381 Other private payments -346,954 -426,515 U.S. government payments -165,102 -167,270 Compensation of employees -9,999 -10,286 -172,928 -170,529 -32,097 -99,373 -39,059 -2,399 -193,732 -191,353 -41,982 -107,963 -41,408 -2,379 -190,066 -187,602 -34,800 -110,898 -41,904 -2,464 -179,305 -176,548 -25,536 -108,281 -42,731 -2,757 29 30 31 32 33 34 35 Unilateral current transfers, net 36 U.S. government grants 4................................................................................................................................ 37 U.S. government pensions and other transfers............................................................................................... 38 Private remittances and other transfers 6........................................................................................................ -112,705 -33,237 -7,323 -72,145 -119,713 -34,603 -7,859 -77,251 -30,543 -10,567 -1,540 -18,436 -24,299 -5,611 -1,777 -16,910 -27,693 -7,109 -1,260 -19,324 -30,171 -9,950 -2,746 -17,475 -1,843 -2,600 -543 -112 -617 -571 -1,289,854 -52,459 -448,713 -526,163 -179,448 -135,529 -122 0 -4,848 -72 26 -54 0 0 0 0 -22 0 -154 -43 -989 -106 -3,473 -1,269 -241 -39 294 -229 -37 230 -247 -35 285 -272 -22,744 -279 1,546 -24,011 Capital account 39 Capital account transactions, net.................................................................................................................... Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow (- ) ) ...................... 41 U.S. official reserve assets.............................................................................................................................. 42 G old 7............................. 43 Special drawing rights.... 44 Reserve position in the International Monetary Fund.................................................................................. 45 Foreign currencies.......... 1,021 212 46 47 48 49 U.S. government assets, other than official reserve assets............................................................................. U.S. credits and other long-term assets Repayments on U.S. credits and other long-term assets 8 .......................................................................... U.S. foreign currency holdings and U.S. short-term assets.......................................................................... -22,273 -2,475 4,104 -23,902 -529,510 -2,139 2,327 -529,698 445 -608 1,091 -38 -596 -1,405 687 122 623 -182 780 25 50 51 52 53 54 U.S. private assets.......................................................................................................................................... Direct investment......................................................................................................................................... Foreign securities........................................................................................................................................ U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns............................................. U.S. claims reported by U.S. banks, not included elsewhere....................................................................... -1,267,459 -333,271 -288,731 -706 -644,751 481,899 -317,835 90,951 283,765 425,018 -449,086 -73,354 -99,541 -46,048 -230,143 -525,593 -96,224 -84,671 -134,713 -209,985 -180,017 -71,015 -100,317 80,012 -88,697 -112,763 -92,678 -4,202 100,043 -115,926 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+)) 2,057,703 599,049 692,604 720,720 267,216 377,162 56 57 58 59 60 61 62 Foreign official assets in the United States...................................................................................................... U.S. government securities U.S. Treasury securities 9 O ther 10................................. Other U.S. government liabilities " U.S. liabilities reported by U.S. banks, not included elsewhere.................................................................... Other foreign official assets 1 2 411,058 230,330 58,865 171,465 5,342 108,695 66,691 421,375 508,065 442,219 65,846 8,626 -153,656 58,340 163,270 121,640 40,337 81,303 366 30,329 10,935 88,822 61,641 1,610 60,031 -69 15,956 11,294 13,469 -7,788 -25,810 18,022 913 9,873 10,471 145,497 54,837 42,728 12,109 4,132 52,537 33,991 63 64 65 Other foreign assets in the United States........................................................................................................ Direct investment.............................................. U.S. Treasury securities.................................... U.S. securities other than U.S. Treasury securities U.S. currency.................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns.......................................... U.S. liabilities reported by U.S. banks, not included elsewhere. 1,646,645 237,542 156,825 573,850 -10,675 156,290 532,813 177,674 325,254 307,631 -123,568 35,023 -29,323 -337,343 529,334 13,917 42,882 183,507 -6,165 90,061 205,132 631,898 64,470 -13,522 • 310,340 -1,635 122,476 149,769 253,747 106,648 67,406 -30,486 655 55,599 53,925 231,665 52,506 60,059 110,489 -3,530 -111,846 123,987 66 67 68 69 70 Financial derivatives, net.............................................................. 71 Statistical discrepancy (sum of above items with sign reversed) 71a Of which: Seasonal adjustment discrepancy............................... 72 73 74 75 76 77 Memoranda: Balance on goods (lines 3 and 20)...................................................................................................................... Balance on services (lines 4 and 21)............ Balance on goods and services (lines 2 and 19) Balance on income (lines 12 and 29)............ Unilateral current transfers, net (line 35) ..... Balance on current account (lines 1,18, and 35 or lines 74,75, and 7 6 )13........................................................ See the footnotes on pages 52-53. 6,496 n.a. 14,795 -1,007 5,942 -13,234 -41,287 129,275 -80,161 -66 93,431 -54,491 -819,373 119,115 -700,258 81,749 -112,705 -731,214 -820,825 139,695 -681,130 127,577 -119,713 -673,265 -186,708 26,859 -159,849 12,410 -30,543 -177,982 -202,296 23,058 -179,238 10,165 -24,299 -193,372 -215,588 33,175 -182,414 23,582 -27,693 -186,525 -214,780 36,023 -178,757 35,592 -30,171 -173,336 2009 S u rv ey o f C u rrent B usiness Seasonally adjusted Not seasonally adjusted III 1 II 2008 2007 2008 IV p III II I IV I r II ' III ' 676,958 674,312 595,806 572,182 602,122 638,393 650,808 651,416 671,888 678,258 1 478,512 481,881 429,216 385,436 399,951 424,873 435,465 451,517 475,365 485,911 2 341,526 338,138 296,356 270,318 279,488 295,494 3 132,860 3,620 115,118 4,629 120,463 4,000 129,378 3,881 133,969 4,371 337,048 138,318 3,554 346,272 143,743 3,570 303,180 132,285 3,542 317,548 136,985 3,554 4 5 29,112 7,732 15,673 32,817 9,104 15,889 24,388 7,725 13,568 21,818 5,800 12,076 23,154 5,996 12,639 25,241 6,530 13,081 26,499 7,259 13,790 27,200 7,643 14,591 28,193 7,707 15,743 139,639 3,570 28,864 8,683 15,724 22,387 58,219 308 21,788 60,262 313 23,122 60,119 319 18,991 51,508 296 19,866 54,521 288 21,940 58,396 309 21,817 59,058 320 21,568 58,297 299 22,587 60,226 308 22,057 60,428 313 9 10 11 198,446 197,679 103,541 93,412 726 767 166,590 165,816 76,443 87,166 2,207 774 186,746 186,013 83,391 102,063 559 733 202,171 201,434 89,673 111,187 574 737 213,520 212,774 94,953 117,275 546 746 215,343 214,587 100,259 113,774 554 756 199,900 199,137 97,346 101,088 703 763 196,523 195,756 101,612 93,412 732 767 192,347 191,603 95,708 94,583 1,312 745 12 13 14 15 16 17 -831,466 192,431 191,687 95,850 94,583 1,254 745 -845,279 -700,990 -738,938 -771,262 -783,548 -788,264 -796,593 -825,091 -829,558 18 -661,838 -683,221 -570,236 -564,979 -578,770 -592,986 -609,248 -629,960 -656,784 -666,792 19 -556,515 -575,389 -473,276 -473,681 -485,375 -496,698 -512,099 -530,126 -554,922 -562,526 20 -105,323 -8,986 -107,832 -9,784 -96,961 -9,003 -91,298 -7,915 -93,395 -8,085 -96,288 -8,132 -97,149 - 8,688 -99,834 -8,769 -101,862 -8,986 -104,267 -9,784 21 22 -23,084 -8,721 -18,773 -22,505 -8,784 -19,407 -17,001 -7,647 -16,469 -18,538 -6,721 -16,022 -18,849 -6,979 -16,767 -19,247 -7,422 -17,119 -19,533 -7,364 -17,142 -20,379 -7,927 -17,833 -20,268 -8,032 -18,528 -19,846 -8,317 -18,943 23 24 25 -6,352 -38,320 -1,088 -7,043 -39,183 -1,125 -6,645 -39,096 - 1,100 -6,643 -34,444 -1,016 -6,260 -35,437 -1,018 -6,155 -37,145 -1,069 -5,991 -37,350 -1,081 -6,637 -37,206 -1,083 -6,599 -38,361 -1,088 -7,220 -39,031 -1,125 26 27 28 -169,628 -167,200 -38,122 -66,115 -42,963 -2,428 -162,058 -159,547 -30,960 -87,097 -41,490 -2,511 -130,754 -127,921 -8,416 -79,440 -40,065 -2,833 -173,959 -171,560 -33,128 -99,373 -39,059 -2,399 -192,492 -189,991 -40,620 -107,963 -41,408 -2,501 -190,562 -188,045 -35,243 -110,898 -41,904 -2,517 -179,016 -176,436 -25,424 -108,281 -42,731 -2,580 -166,633 -164,074 -27,020 -94,302 -42,752 -2,559 -168,307 -165,760 -36,682 -86,115 -42,963 -2,547 -162,766 -160,222 -31,635 -87,097 -41,490 -2,545 29 30 31 32 33 34 -28,214 -7,305 -2,014 -18,895 -29,815 -8,257 -1,538 - 20,020 -29,275 -9,051 -2,627 -17,597 -30,174 -10,567 -1,805 -17,802 -24,953 -5,611 -1,834 -17,508 -27,796 -7,109 -1,837 -18,850 -29,784 -9,950 -1,849 -17,985 -31,731 -9,990 -1,951 -19,790 -29,034 -7,305 -1,966 -19,763 -29,998 -8,257 -1,969 -19,772 35 36 37 38 -631 -735 -633 -543 -112 -617 -571 -600 -631 -735 39 98,197 19,031 -179 102,406 -442,065 -523,556 -170,476 -153,757 -264,866 99,910 28,056 40 -3,126 -72 26 -54 -276 -1,267 -179 0 -29 0 -22 41 42 43 44 45 6 7 8 0 0 0 0 0 -22 0 -43 -955 -290 -30 256 -405 -25 - 2,886 -215 -241 -39 294 -229 -37 230 -247 -35 285 -272 -359 -955 -290 -30 256 -405 -41,592 -1,106 497 -40,983 -225,990 -465 692 -226,217 -265,193 -389 651 -265,455 445 -608 1,091 -38 -596 -1,405 687 122 623 -182 780 25 -22,744 -279 1,546 -24,011 3,265 -179 487 2,957 -41,592 -1,106 497 -40,983 -225,990 -465 692 -226,217 141,056 -88,551 -33,576 49,324 213,859 245,200 -61,382 82,615 89,523 134,444 370,725 -67,354 76,978 63,070 298,031 -442,438 -66,706 -99,541 -46,048 -230,143 -522,985 -93,616 -84,671 -134,713 -209,985 -171,045 -62,043 -100,317 80,012 -88,697 -130,990 -110,905 -4,202 100,043 -115,926 -267,855 -93,321 -35,066 81,848 -221,316 142,769 -86,838 -33,576 49,324 213,859 254,226 -52,356 82,615 89,523 134,444 46 47 48 49 50 51 52 53 54 -1,267 0 -22 212 112 0 25,630 123,307 -9,287 692,713 718,112 266,476 380,402 460,105 23,208 123,346 55 145,391 151,288 58,143 93,145 2,439 -30,055 21,719 116,078 105,920 116,479 -10,559 1,642 10,302 -1,786 -13,627 82,974 178,948 -95,974 2,900 -106,973 7,472 163,270 121,640 40,337 81,303 366 30,329 10,935 88,822 61,641 1,610 60,031 -69 15,956 11,294 13,469 -7,788 -25,810 18,022 913 9,873 10,471 145,497 54,837 42,728 12,109 4,132 52,537 33,991 173,533 167,883 88,649 79,234 1,645 -26,930 30,935 145,391 151,288 58,143 93,145 2,439 -30,055 21,719 116,078 105,920 116,479 -10,559 1,642 10,302 -1,786 56 57 58 59 60 61 62 -119,761 108,215 65,692 17,068 230 -54,350 -256,616 7,229 57,274 89,134 -91,398 5,845 71,053 -124,679 4,340 78,946 89,542 -28,763 29,862 -130,111 -35,136 529,443 14,026 42,882 183,507 -6,165 90,061 205,132 629,290 61,862 -13,522 310,340 -1,635 122,476 149,769 253,007 105,908 67,406 -30,486 655 55,599 53,925 234,905 55,746 60,059 110,489 -3,530 -111,846 123,987 286,572 81,525 63,263 -20,475 -914 84,085 79,088 -122,183 105,793 65,692 17,068 230 -54,350 -256,616 7,268 57,313 89,134 -91,398 5,845 71,053 -124,679 63 64 65 66 67 68 69 -2,519 -4,075 n.a. 14,795 -1,007 5,942 -13,234 -8,001 -2,519 -4,075 70 62,045 63,254 41,973 -67,970 12,192 656 722 71,627 -21,805 -45,600 8,892 -9,729 13,673 62,269 223 34,706 -28,548 71 71a -214,988 31,662 -183,326 28,819 -28,214 -182,722 -237,251 35,911 -201,340 30,373 -29,815 -200,782 -176,919 35,899 -141,020 35,836 -29,275 -134,459 -203,363 23,820 -179,543 12,787 -30,174 -196,930 -205,887 27,068 -178,819 9,679 -24,953 -194,093 -201,204 33,090 -168,114 22,958 -27,796 -172,952 -208,919 35,136 -173,783 36,327 -29,784 -167,241 -212,578 34,135 -178,443 33,266 -31,731 -176,909 -217,874 36,455 -181,419 28,216 -29,034 -182,237 -216,254 35,372 -180,882 29,581 -29,998 -181,299 72 73 74 75 76 77 30 U.S. International Transactions April 2009 Table 2. U.S. Trade in Goods—Continues [Millions of dollars] Not seasonally adjusted Line 2007 2008 « 2007 III Seasonally adjusted 2008 IV I II 2007 III IV III 2008 Ir IV IIr IV III' p A Balance of payments adjustments to Census trade data: EXPORTS 1 Exports of goods, Census basis1including reexports and including military grant shipments........................................................................... 2 3 4 5 6 7 Adjustments: Private gift parcel remittances..................................................................... Gold exports, nonmonetary......................................................................... Inland U.S. freight to Canada...................................................................... U.S.-Canadian reconciliation adjustments, n.e.c., n e t 2 .............................. Exports transferred under U.S. military agency sales contracts identified in Census documents 3............................................................................... Other adjustments, n e t 4 ............................................................................. 1,162,479 1,300,532 291,067 311,373 317,564 343,606 340,499 298,862 298,637 306,721 319,763 339,128 348,631 293,011 1,115 933 265 332 248 245 235 205 265 332 248 245 0 235 205 0 0 0 0 0 0 0 0 0 0 0 0 0 -11,057 -4,057 -6,063 -4,030 -2,508 -899 -2,895 -978 -1,546 -915 -1,308 -1,017 -1,554 -1,042 -1,655 -1,056 -2,508 -899 -2,895 -978 -1,546 -915 -1,308 -1,017 -1,554 -1,042 -1,655 -1,056 8 Equals: Exports of goods, adjusted to balance of payments basis, excluding “military” (table 1, line 3 )........................................................ 1,148,481 1,291,371 287,925 307,832 315,351 341,526 338,138 296,356 295,494 303,180 317,548 337,048 346,272 290,505 IMPORTS 9 Imports of goods, Census basis1(general imports)................................. 10 11 12 13 14 15 Adjustments: Electric energy............................................................................................. Gold imports, nonmonetary......................................................................... Inland freight in Canada.............................................................................. U.S.-Canadian reconciliation adjustment, n.e.c., n e t 2................................. Imports of U.S. military agencies identified in Census documents 3............ Other adjustments, n e t 5 6........................................................................... 16 Equals: Imports of goods, adjusted to balance of payments basis, excluding “military” (table 1, line 20)...................................................... 1,956,962 2,100,129 500,303 520,301 502,982 553,463 572,255 471,428 493,488 509,788 526,091 551,869 559,393 462,775 460 4,147 4,846 480 6,315 4,685 131 1,414 1,185 143 498 1,178 120 120 143 498 1,178 2,550 1,208 120 1,666 1,133 511 1,133 1,588 1,211 131 1,414 1,185 120 1,588 120 1,666 120 2,550 1,208 120 1,211 1,133 511 1,133 -1,706 3,144 -1,946 2,535 -417 897 -436 928 -534 691 -459 592 -521 736 -432 516 -417 897 -436 928 -534 691 -459 592 -521 736 -432 516 120 1,967,853 2,112,196 503,513 522,612 507,017 556,515 575,389 473,276 496,698 512,099 530,126 554,922 562,526 464,624 B Trade in goods, by area and country, adjusted to balance of payments basis, excluding military:7 EXPORTS 1 Total, all countries (A— 8)............................................................................... 1,148,481 1,291,371 287,925 307,832 315,351 341,526 338,138 296,356 295,494 303,180 317,548 337,048 346,272 290,505 2 Europe........................................................................................................ 280,845 324,405 68,610 71,813 81,372 87,322 82,296 73,415 70,220 70,981 82,160 85,760 84,017 72,467 3 4 5 23 24 European Union.................................................................................. Euro area............................................................................................ Austria..................................................................................................... Belgium................................................................................................... Finland.................................................................................................... France ..................................................................................................... Germany................................................................................................. Greece.................................................................................................... Ireland..................................................................................................... Italy.......................................................................................................... Luxembourg............................................................................................ Netherlands............................................................................................. Norway.................................................................................................... Portugal................................................................................................... Russia..................................................................................................... Spain...................................................................................................... Sweden................................................................................................... Switzerland.............................................................................................. Turkey...................................................................................................... United Kingdom....................................................................................... Other Europe........................................................................................... Canada 2..................................................................................................... 242,244 178,328 3,163 25,153 3,068 27,133 49,025 1,822 8,997 13,893 941 32,670 2,929 2,447 7,334 9,718 4,450 16,940 6,306 48,733 16,121 249,712 270,800 200,949 2,642 28,961 3,755 28,939 54,303 1,912 8,641 15,280 1,017 39,873 3,331 2,619 9,335 12,230 5,042 21,973 10,384 52,815 21,356 261,837 58,654 43,723 787 6,402 779 6,438 12,392 328 2,033 3,253 381 7,679 699 596 2,050 2,574 1,024 4,458 1,489 11,334 3,914 61,452 11,871 4,285 66,159 68,047 50,291 734 7,160 794 6,954 13,227 397 2,779 3,830 166 10,262 865 672 2,125 3,141 1,146 6,348 2,032 13,965 4,776 64,624 25 26 27 28 29 30 31 32 33 34 Latin America and Other Western Hemisphere...................................... South and Central America..................................................................... Argentina Brazil Chile Colombia Mexico Venezuela Other Other Western Hemisphere..................................................................... 35 36 37 38 39 40 41 42 43 44 45 46 47 48 Asia and Pacific......................................................................................... Australia.................................................................................................. China Hong Kong India Indonesia Japan Korea, Republic of Malaysia.................................................................................................. Philippines Singapore Taiwan Thailand Other 243,063 223,158 5,831 24,497 8,199 8,466 135,962 10,193 30,009 19,905 308,248 18,637 65,073 20,087 17,516 4,214 60,898 33,646 11,587 7,673 25,874 25,961 8,367 8,714 289,000 265,070 7,528 32,808 12,050 11,375 151,424 12,605 37,280 23,930 332,697 22,189 71,289 21,597 18,627 5,896 65,348 34,209 12,872 8,272 28,543 25,169 8,985 9,702 62,264 57,423 1,605 6,430 2,063 2,247 34,891 2,664 7,523 4,842 78,121 4,879 16,249 5,231 5,763 1,056 14,751 8,134 2,806 1,831 6,267 6,694 2,275 2,184 65,250 59,168 1,636 7,011 2,422 2,404 34,494 2,569 8,633 6,082 83,613 5,024 18,359 5,456 5,494 1,185 15,599 8,996 3,098 2,039 6,745 6,963 2,355 2,300 66,919 61,098 1,650 6,911 2,677 2,869 35,871 2,472 8,647 5,821 83,794 5,491 17,954 5,105 4,223 1,439 16,127 8,553 3,225 2,246 7,565 7,027 2,142 2,699 49 50 51 52 Middle East................................................................................................ Israel Saudi Arabia Other 43,646 11,794 21,841 55,192 13,539 12,297 29,355 11,202 3,197 2,358 . 5,647 14,488 3,116 3,813 7,559 53 54 55 56 57 Africa.. Algeria Nigeria..................................................................................................... South Africa Other 22,966 1,649 2,788 5,500 13,029 28,240 1,228 4,109 6,480 16,422 6,274 517 739 1,624 3,393 58 International organizations and unallocated.......................................... 0 0 Memorandum: 59 Members of OPEC.......................................................................................... 48,659 66,488 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 See the footnotes on pages 52-53. 10,012 62,065 46,200 669 6,644 788 6,854 12,726 357 2,395 3,785 281 8,379 801 638 67,567 50,289 644 7,403 1,075 7,045 13,594 480 1,781 3,676 450 10,153 769 618 2,642 3,207 1,299 5,618 3,237 12,909 5,695 66,959 62,564 47,154 609 6,567 762 6,991 12,941 544 1,873 3,374 209 9,632 740 656 2,034 2,776 1,182 4,265 1,974 11,170 5,115 58,357 69,550 63,939 1,595 88,696 5,721 18,667 6,025 4,628 1,489 17,285 9,568 3,398 2,074 8,105 6,971 2,275 2,488 78,732 72,319 2,033 9,777 3,124 3,170 40,526 3,398 10,291 6,413 88,057 5,876 18,219 5,825 5,875 1,755 17,318 9,005 3,516 2,151 6,957 6,698 2,547 2,314 12,110 3,557 2,511 6,042 13,104 3,557 2,719 6,828 6,509 572 824 1,456 3,657 6,533 395 817 1,520 3,802 0 0 12,405 15,876 2,121 2,612 1,135 3,785 1,688 72,622 53,215 654 7,831 1,124 7,948 14,541 491 2,207 4,399 192 9,827 956 672 2,534 3,106 1,415 5,743 3,140 14,770 5,771 59,993 44,693 799 6,539 795 6,575 12,655 337 2,076 3,342 381 7,843 719 616 2,114 2,653 1,048 4,547 1,555 11,607 4,020 62,968 63,910 58,918 1,639 6,550 2,113 2,313 35,827 2,738 7,738 4,992 61,387 45,675 656 6,585 784 6,777 12,595 349 2,359 3,736 276 8,304 794 626 2,070 2,555 1,125 3,758 1,639 11,766 4,228 68,815 50,801 745 7,247 802 7,032 13,385 404 2,801 3,871 165 10,355 881 673 2,112 71,249 52,227 643 7,667 1,103 7,791 14,276 483 2,170 4,322 187 9,636 936 663 2,528 3,069 1,389 5,639 3,123 14,466 5,671 61,817 46,618 597 6,503 755 6,936 12,781 537 1,853 3,326 203 9,529 732 650 1,967 2,727 1,170 4,230 1,915 68,919 51,303 657 7,543 1,096 7,179 13,860 488 1,816 3,760 462 10,353 782 632 2,728 3,290 1,323 5,740 3,322 13,157 5,828 68,477 5,036 57,341 80,614 74,022 2,070 9,929 3,201 3,256 41,536 3,485 10,545 6,592 68,077 62,623 1,581 8,132 2,429 2,509 36,086 3,655 8,231 5,454 65,289 3,144 1,161 6,364 2,024 14,172 4,822 65,197 2,021 2,202 67,420 61,572 1,675 7,000 2,701 2,862 36,162 2,478 8,694 5,848 84,072 5,534 18,031 5,157 4,254 1,416 16,112 8,543 3,256 2,244 7,641 7,044 2,155 2,684 72,889 66,852 80,323 4,982 16,725 5,359 5,906 1,105 15,249 8,366 2,869 1,890 6,394 6,887 2,335 2,256 64,172 58,210 1,624 6,952 2,404 2,353 33,868 2,531 8,479 5,962 82,120 4,976 18,020 5,377 5,424 1,138 15,213 8,834 3,063 1,991 6,699 6,846 2,301 2,237 7,747 3,719 2,748 37,640 2,986 9,810 6,036 87,961 5,614 18,600 5,942 4,531 1,513 17,253 9,518 3,338 2,071 7,946 6,898 2,246 2,491 90,492 6,004 18,769 5,954 5,992 1,827 17,864 9,271 3,587 2,223 7,093 6,897 2,612 2,399 70,172 5,037 15,890 4,543 3,849 1,140 14,119 6,877 2,691 1,734 5,863 4,330 1,972 2,127 14,227 3,466 3,146 7,615 15,751 2,959 3,921 8,870 11,521 3,285 2,417 5,818 14,326 3,076 3,780 7,470 12,206 3,594 2,527 6,086 12,917 3,493 2,675 6,750 14,549 3,538 3,215 7,796 15,519 2,914 3,881 8,723 6,708 316 971 1,521 3,900 7,867 254 1,256 1,739 4,619 7,132 264 1,065 1,700 4,103 6,553 546 773 1,667 3,566 6,292 547 798 1,438 3,508 6,493 384 811 1,538 3,759 6,698 320 974 1,490 3,914 8,121 262 1,301 1,778 4,780 6,928 262 1,024 1,673 3,970 0 0 0 0 0 0 0 0 0 0 13,625 15,514 17,992 19,357 12,784 15,651 13,673 15,378 18,453 18,985 71,897 73,800 67,714 2,249 7,900 3,793 2,765 38,078 3,006 9,923 6,086 8,221 2,455 2,571 36,950 3,728 8,419 5,611 72,151 5,101 16,449 4,642 3,900 1,212 14,617 7,083 2,733 1,802 5,917 4,473 70,822 2,202 11,020 April 2009 31 Su r v ey of C u rren t B usiness Table 2. U.S. Trade in Goods—Continues [Millions of dollars] Not seasonally adjusted Line 2007 2007 2008 p III Seasonally adjusted 2007 2008 IV I IV III II 2008 IV III p Ir II r III ' IV p B Trade in goods, by area and country, adjusted to balance of payments basis, excluding military7 —Continues: IMPORTS 60 Total, all countries (A— 16)............................................................................. 61 62 63 64 65 1,967,853 2,112,196 503,513 522,612 507,017 556,515 575,389 473,276 496,698 512,099 530,126 554,922 562,526 464,624 69 70 71 72 73 74 75 76 77 78 79 80 81 82 Europe....................................................................................................... European Union Euro area Austria Belgium Finland France Germany Greece................................................................................................... Ireland.................................................................................................... Italy.... Luxembourg Netherlands Norway Portugal Russia Spain...................................................................................................... Sweden Switzerland Turkey United Kingdom Other Europe.......................................................................................... 411,179 356,180 268,772 10,691 15,284 5,270 41,544 94,280 1,174 30,483 35,027 526 18,371 7,213 3,047 19,315 12,586 13,087 16,794 4,596 56,367 25,524 83 Canada2.................................................................................................... 84 85 Latin America and Other Western Hemisphere...................................... South and Central America..................................................................... Argentina............................................................................................ Brazil.................................................................................................. Chile Colombia Mexico . Venezuela Other Other Western Hemisphere.................................................................... Asia and Pacific........................................................................................ Australia China. Hong Kong India.. Indonesia Japan ..................................................................................................... Korea, Republic of Malaysia Philippines Singapore Taiwan Thailand................................................................................................. Other. 66 67 68 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 98,263 83,412 63,567 1,808 3,522 1,139 10,485 21,826 280 8,289 7,922 320,323 441,111 103,689 108,517 106,381 118,311 116,085 100,334 102,647 105,944 110,562 118,381 113,906 367,319 89,197 93,382 89,614 97,947 94,393 85,365 88,428 90,917 92,933 98,204 92,770 278,046 67,351 70,039 65,071 66,779 68,410 70,677 74,951 68,851 70,287 68,195 74,741 8,487 2,684 2,127 1,811 3,437 2,771 1,775 2,211 3,532 1,865 2,200 2,133 17,359 4,647 4,251 3,497 3,878 4,862 4,837 4,139 3,545 3,958 4,852 3,610 1,152 1,266 1,917 1,603 5,908 1,197 1,298 1,193 1,931 1,632 1,189 1,248 43,987 10,797 10,857 10,642 11,424 11,191 10,731 10,730 10,533 11,043 11,459 11,001 97,666 24,099 24,632 24,220 26,552 24,511 22,382 23,905 23,962 25,001 26,707 24,132 241 237 978 321 210 242 285 316 300 217 244 308 7,842 7,922 7,305 31,620 6,846 7,564 7,861 7,414 8,503 6,792 7,311 8,105 8,857 9,024 9,727 9,334 36,148 9,102 9,689 8,118 9,018 9,165 9,263 9,485 117 154 530 141 121 122 113 140 126 140 139 156 5,392 21,087 4,541 4,917 5,162 4,766 4,961 5,261 6,131 5,498 4,909 6,080 7,204 1,798 1,770 1,779 1,794 1,620 2,481 1,823 1,280 1,729 1,720 2,435 2,446 624 584 755 624 613 763 765 610 628 748 636 26,782 5,127 5,357 4,972 5,242 5,784 8,155 5,213 7,966 8,438 5,020 7,809 11,072 3,249 2,644 2,544 2,966 2,607 2,443 2,969 3,017 3,218 2,549 2,961 3,192 12,513 2,826 3,198 3,403 2,846 2,801 3,306 3,420 3,010 3,288 3,065 24,121 5,074 4,464 6,356 4,531 6,489 6,139 4,507 6,623 6,178 4,581 6,420 1,144 4,616 1,126 1,021 1,270 1,117 1,120 1,058 1,151 1,160 1,165 1,166 57,920 14,695 14,303 15,076 15,743 14,243 15,058 13,739 15,075 16,033 13,073 14,111 30,667 6,867 6,747 7,139 9,078 6,825 7,265 6,948 7,545 9,306 7,283 7,546 338,544 78,764 83,108 83,995 92,714 91,104 70,732 77,631 81,386 87,774 92,339 88,907 348,378 329,621 4,489 25,650 9,000 9,436 213,552 39,910 27,585 18,758 378,636 359,532 5,822 30,461 8,190 13,094 218,678 51,418 31,869 19,104 81,583 77,499 1,489 7,051 1,525 2,676 49,090 9,087 6,580 4,084 718,562 8,570 321,685 7,090 24,102 14,302 146,037 47,547 32,640 9,411 18,423 38,489 22,757 27,510 729,263 186,964 189,318 172,693 181,269 197,222 178,079 185,762 183,686 178,565 182,653 194,466 173,579 10,559 2,247 2,190 2,874 3,007 2,250 3,056 2,440 2,232 2,193 2,276 2,885 2,391 337,970 86,522 87,069 72,767 81,575 96,204 87,424 86,114 84,369 75,366 82,358 95,010 85,236 6,520 1,886 1,723 1,834 1,503 1,879 1,916 1,807 1,460 1,978 1,461 1,781 1,473 25,743 5,896 6,639 6,197 6,214 5,854 6,308 6,595 6,490 6,693 6,859 6,243 6,045 15,799 3,860 3,517 3,412 4,337 3,662, 3,825 4,403 3,909 3,828 3,789 3,854 3,819 139,677 36,310 37,855 37,492 36,384 34,321 31,481 36,040 36,705 38,656 36,587 33,789 30,645 48,066 11,571 11,636 11,751 12,612 12,487 11,216 11,435 11,334 12,179 12,674 12,269 10,944 30,746 8,278 8,580 7,969 8,204 8,361 8,302 7,856 6,372 8,251 7,980 6,546 8,216 8,719 2,496 2,213 2,154 2,262 2,004 2,470 2,294 2,058 2,481 2,398 2,283 2,170 15,892 4,543 4,499 3,971 3,504 4,512 4,347 4,637 3,411 4,486 3,918 3,993 3,851 36,499 9,964 10,080 9,049 9,121 9,892 9,793 9,344 9,582 8,387 9,718 8,611 9,186 23,550 5,802 5,999 5,732 5,882 6,281 5,655 5,767 5,830 5,924 5,921 6,189 5,516 7,007 29,523 7,586 6,910 6,964 6,721 7,254 7,912 8,033 7,519 7,525 7,006 7,350 89,544 84,933 1,055 6,855 2,315 2,695 54,552 10,181 7,280 4,612 93,645 88,970 1,370 6,441 1,966 2,676 56,708 12,640 7,168 4,675 90,398 100,785 104,707 85,677 95,824 99,438 1,346 1,491 1,472 6,682 8,186 8,439 2,409 2,050 2,163 2,967 3,614 3,826 53,146 58,024 57,445 11,283 14,441 16,781 7,845 8,017 9,312 4,721 4,961 5,269 82,747 78,594 1,514 7,153 1,567 2,687 50,063 8,914 6,695 4,153 87,885 83,377 1,020 6,754 2,283 2,619 53,847 9,692 7,161 4,508 92,379 87,756 1,371 6,314 1,911 2,672 55,521 12,932 7,036 4,623 95,160 90,202 1,426 7,034 2,481 3,169 55,461 12,386 8,245 4,958 99,990 101,904 95,068 96,764 1,476 1,431 8,247 8,129 2,058 2,126 3,694 3,555 57,949 56,177 16,024 13,921 9,064 7,980 4,922 5,140 110 4,849 1,279 573 5,034 2,601 2,777 4,964 1,248 12,798 6,760 69,524 Middle East Israel. Saudi Arabia Other. 77,405 20,780 35,626 20,999 111,152 22,331 54,786 34,036 20,498 4,961 9,690 5,847 22,646 5,657 11,146 5,843 26,232 5,552 12,174 8,506 30,038 6,232 14,653 9,153 33,697 5,908 17,412 10,377 21,186 4,639 10,547 Africa... Algeria.................................................................................................... Nigeria South Africa Other. 92,005 17,816 32,770 9,047 32,372 113,490 19,355 38,068 9,946 46,121 24,053 5,204 8,190 2,436 8,223 25,379 3,931 10,642 2,270 8,535 27,319 4,024 10,496 2,534 10,265 33,398 6,292 11,152 2,650 13,303 32,575 5,532 10,434 2,831 13,778 20,198 3,506 5,985 1,931 8,775 0 0 0 0 0 0 0 0 0 56,772 67,976 74,267 43,600 43,778 52,620 62,011 65,665 70,794 44,145 International organizations and unallocated.......................................... 0 0 0 0 Memorandum: 118 Members of OPEC.......................................................................................... 174,340 242,615 45,874 51,558 See the footnotes on pages 52-53. 6,000 19,781 4,933 9,218 5,630 22,992 4,940 7,750 2,408 7,893 22,858 5,502 11,451 5,906 28,417 5,719 13,442 9,256 29,214 6,270 14,090 8,853 25,845 4,065 10,879 2,229 8,672 29,648 4,431 11,453 2,610 11,154 32,345 6,066 10,705 2,666 12,908 32,230 5,811 16,547 9,872 31,114 5,280 9,859 2,793 13,181 21,291 4,530 10,707 6,054 20,383 3,577 6,051 1,877 8,878 32 U.S. International Transactions April 2009 Table 2. U.S. Trade in Goods—Continues [Millions of dollars] Not seasonally adjusted Line 2007 2008 p 2007 III Seasonally adjusted 2008 IV I II 2007 III IV III 2008 IV Ir II ' III r IV p B Trade in goods, by area and country, adjusted to balance of payments basis, excluding military 7 —Continues: BALANCE (EXCESS OF EXPORTS +) 119 Total, all countries........................................................................... 120 121 122 -819,373 -820,825 -215,588 -214,780 -191,666 -214,988 -237,251 -176,919 -201,204 -208,919 -212,578 -217,874 -216,254 -174,119 -35,078 -36,703 -25,009 -30,989 -33,789 -26,919 -32,427 -34,964 -28,402 -32,620 -29,888 -25,795 -30,543 -31,317 -21,567 -25,325 -26,826 -22,802 -28,435 -29,531 -24,118 -26,955 -23,851 -21,596 -23,627 -24,086 -17,903 -21,526 -19,750 -17,917 -22,086 -22,735 -19,876 -22,724 -17,549 -16,949 -1,424 -2,864 -1,950 -1,474 -1,167 -1,256 -1,401 -2,781 -2,026 -1,491 -1,118 - 1,211 2,856 2,512 2,686 2,979 2,957 3,042 3,153 2,707 2,385 2,831 3,405 2,981 -418 -510 -807 -399 -557 -394 -390 -482 -814 -446 -507 -384 -4,359 -4,004 -3,688 -3,476 -4,145 -3,740 -4,155 -3,756 -3,668 -3,821 -4,011 -3,548 -11,707 -11,907 -10,993 - 12,011 -10,917 -9,442 -11,250 -11,367 -11,616 -12,431 -10,271 -9,045 7 49 249 21 187 239 259 49 187 239 257 251 -4,813 -5,654 -5,169 -5,062 -5,633 -6,630 -4,716 -5,304 -4,952 -5,751 -5,489 -6,436 -5,849 -5,478 -5,027 -5,289 -4,744 -5,808 -5,677 -5,288 -5,295 -5,405 -5,574 -4,596 240 160 45 54 294 95 241 160 39 47 309 93 2,718 3,119 5,721 3,696 4,654 4,715 2,934 3,142 5,589 3,556 4,962 4,679 -1,079 -993 -755 -1,525 -1,055 -539 - 1,010 -1,005 -838 -1,500 -547 -988 -167 -127 62 48 -10 -132 37 73 -129 40 77 18 -3,076 -3,092 -5,432 -3,233 -5,796 -2,986 -2,858 -3,172 -3,672 -5,281 -5,427 -3,067 -675 137 5 698 132 191 -565 7 107 600 324 127 -1,802 -2,052 -2,153 -1,988 -1,767 -1,664 -1,753 -2,032 -2,068 -2,145 -1,687 -1,607 -73 -141 -795 -396 -802 -808 40 -705 -259 -539 -734 -615 363 537 1,011 1,981 2,073 704 438 519 966 1,957 2,177 668 -2,909 -3,187 -304 226 -2,503 -3,123 -1,903 -2,930 -131 -609 -2,586 -1,778 -2,911 -2,980 -2,173 -1,775 -2,727 -3,611 -1,752 -2,911 -2,461 -1,875 -3,250 -1,725 -17,312 -16,949 -19,371 -20,817 -24,145 -12,374 -14,663 -16,097 -22,577 -21,517 -20,430 -12,184 -105,316 -89,636 -27,280 -28,394 -23,479 -26,985 -25,974 -13,197 -23,975 -28,207 -27,740 -27,101 -21,289 -13,505 -106,463 -94,463 -27,510 -29,801 -24,579 -28,110 -27,119 -14,655 -24,459 -29,546 -28,630 -28,216 -22,742 -14,875 1,342 1,706 550 266 305 759 562 81 619 249 253 726 639 91 2,347 -424 -1,153 570 229 -287 1,338 1,067 -204 -34 638 -382 1,682 1,081 -252 -801 3,860 269 1,743 456 961 888 -170 493 220 1,661 1,074 905 -1,719 -970 -448 -272 -849 -98 -656 -116 -306 -307 -807 -319 -167 -438 -77,589 -67,254 -19,661 -22,214 -17,275 -19,946 -16,919 -13,113 -18,020 -21,653 -19,299 -20,310 -14,641 -13,004 -29,717 -38,814 -7,518 -10,072 -8,811 -11,435 -13,382 -6,954 -10,401 -5,186 -9,908 -10,935 -12,539 -5,431 5,411 2,424 244 802 1,465 1,906 980 1,724 577 1,443 449 1,830 1,481 1,651 1,147 4,827 230 1,407 1,124 1,100 1,144 484 1,458 1,339 890 1,114 1,452 1,370 -410,314 -396,565 -108,843 -105,705 -88,899 -92,573 -109,165 -105,928 -105,439 -101,566 -94,493 -94,692 -103,973 -103,407 10,067 11,629 2,847 2,629 2,778 3,301 2,820 2,661 2,751 3,257 2,729 2,783 2,997 2,646 -256,611 -266,681 -70,273 -68,710 -54,813 -62,907 -77,985 -70,975 -69,389 -66,349 -57,336 -63,758 -76,241 -69,346 12,997 15,076 3,345 3,382 4,565 3,478 3,992 3,138 3,479 3,461 3,376 4,469 4,147 3,084 -6,586 -7,116 -133 -997 -1,569 -2,416 -817 -2,313 52 -884 -2,605 -1,712 -603 -2,196 -10,087 -2,804 -9,903 -2,332 -2,223 -2,336 -2,697 -2,648 -2,724 -2,274 -2,341 -2,373 -2,510 -2,679 -85,139 -74,330 -21,559 -22,256 -21,365 -19,099 -17,003 -16,863 -20,790 -21,492 -22,545 -19,334 -15,925 -16,526 -3,044 -13,901 -13,857 -3,436 -2,641 -3,198 -3,482 -4,133 -3,069 -2,500 -3,636 -3,156 -4,067 -2,998 -21,052 -17,874 -5,472 -5,483 -4,744 -4,853 -4,464 -3,813 -5,335 -4,964 -5,298 -4,960 -4,269 -3,681 -447 -1,738 -665 32 -80 -431 -143 -257 -590 -406 -39 -99 -39 -270 7,451 12,651 1,724 4,134 2,260 3,065 3,039 2,413 1,883 2,352 3,004 3,953 3,242 2,452 -12,528 -11,329 -3,270 -3,118 - 2,022 -2,150 -4,138 -3,006 -3,020 -2,946 -2,300 -2,288 -2,685 -4,057 -3,527 -3,607 -14,390 -14,565 -3,644 -3,590 -3,633 -3,432 -3,735 -3,529 -3,768 -3,675 -3,577 -3,545 -18,796 -19,820 -5,401 -4,476 -5,719 -5,317 -4,610 -4,308 -5,270 -4,484 -4,570 -4,515 -5,513 -5,223 -9,296 -33,759 -55,961 -8,158 -14,122 -16,934 -19,469 -5,435 -8,260 -8,532 -16,211 -16,297 -17,681 -5,772 -8,792 -1,764 -2,541 -8,986 -1,995 -2,675 -2,442 -1,680 -1,648 -2,425 -2,126 -2,777 -2,272 -1,616 -25,614 -42,489 -7,332 -7,333 -9,663 -11,934 -14,266 -6,626 -6,800 -7,671 -10,915 -11,416 -13,333 -6,825 842 -4,681 -200 1,716 -2,464 -2,325 -2,762 188 2,870 1,564 -3,170 -2,104 -2,076 2,669 -69,039 -85,250 -17,779 -18,870 -20,786 -26,690 -24,708 -13,066 -16,439 -19,553 -23,155 -25,647 -22,993 -13,455 -16,167 -18,126 -4,687 -3,629 -3,359 -5,976 -5,278 -3,243 -4,394 -3,518 -4,046 -5,746 -5,018 -3,316 -29,983 -33,959 -7,451 -9,679 -10,182 -6,977 -10,080 -10,642 -9,818 -9,178 -4,920 -9,731 -5,027 -8,558 -3,547 -3,466 -812 -814 -1,014 -1,129 -1,092 -231 -741 -791 -1,072 -1,176 -1,014 -204 -4,829 -6,464 -19,343 -29,698 -4,878 -9,403 -9,159 -4,673 -4,327 -8,994 -5,164 -7,395 -8,402 -4,908 0 0 0 0 0 0 0 0 0 0 0 0 0 0 142 Europe.......................................................................................... -130,334 -116,706 European Union.................................................................... -113,936 -96,519 Euro area.............................................................................. -90,445 -77,097 Austria....................................................................................... -7,528 -5,846 Belgium..................................................................................... 11,601 9,869 Finland...................................................................................... - 2,202 -2,152 France....................................................................................... -14,411 -15,049 Germany................................................................................... -45,255 -43,363 Greece...................................................................................... 648 934 Ireland....................................................................................... -21,486 -22,979 Italy............................................................................................ -21,134 -20,869 Luxembourg.............................................................................. 487 415 Netherlands............................................................................... 14,299 18,786 Norway...................................................................................... -4,283 -3,873 Portugal..................................................................................... -600 173 Russia....................................................................................... -11,980 -17,447 Spain......................................................................................... - 2,868 1,158 Sweden..................................................................................... -7,471 -8,637 Switzerland................................................................................ -2,148 146 Turkey........................................................................................ 1,710 5,768 United Kingdom......................................................................... -7,634 -5,105 Other Europe............................................................................. -9,311 -9,403 Canada2....................................................................................... -70,611 -76,707 143 144 145 146 147 148 149 150 151 152 Latin America and Other Western Hemisphere......................... South and Central America....................................................... Argentina............................................................................... Brazil..................................................................................... Chile...................................................................................... Colombia............................................................................... Mexico................................................................................... Venezuela.............................................................................. Other..................................................................................... Other Western Hemisphere....................................................... 153 154 155 156 157 158 159 160 161 162 163 164 165 166 Asia and Pacific........................................................................... Australia.................................................................................... China......................................................................................... Hong Kong ................................................................................ India.......................................................................................... Indonesia................................................................................... Japan......................................................................................... Korea, Republic o f..................................................................... Malaysia.................................................................................... Philippines................................................................................. Singapore.................................................................................. Taiwan....................................................................................... Thailand.................................................................................... Other......................................................................................... 167 168 169 170 Middle East.................................................................................. Israel.......................................................................................... Saudi Arabia.............................................................................. Other......................................................................................... 171 172 173 174 175 176 Africa............................................................................................ Algeria....................................................................................... Nigeria....................................................................................... South Africa............................................................................... Other......................................................................................... 123 124 12b 126 12 / 128 129 130 131 132 133 134 135 136 137 138 139 140 141 International organizations and unallocated............................. Memorandum: 177 Members of OPEC............................................................................ See the footnotes on pages 52-53. -125,681 -176,127 -33,469 -35,682 -43,147 -52,462 -56,275 -24,243 -30,994 -36,969 -48,338 -50,287 -52,341 -25,161 April 2009 33 S u rv ey o f C u rren t B usiness Table 2. U.S. Trade in Goods—Continues [Millions of dollars] Seasonally adjusted Not seasonally adjusted Line 2007 2007 2008 > > III 2007 2008 IV I II III IV p III 2008 IV Ir IIr I II r IV p C Trade in goods, by principal end-use category, adjusted to balance of payments basis, excluding military: 1 Exports of goods, balance of payments basis, excluding military (A-8) 1,148,481 1,291,371 287,925 307,832 315,351 341,526 338,138 296,356 295,494 303,180 317,548 337,048 346,272 290,505 30,812 29,432 29,022 28,831 24,960 25,705 29,023 32,025 32,030 25,019 2 Agricultural products............................................................................... 92,115 118,097 22,383 28,741 1,056,366 1,173,274 265,542 279,091 284,539 312,094 309,116 267,525 270,534 277,475 288,525 305,023 314,242 265,486 84,264 108,419 20,884 26,488 28,423 26,616 27,144 26,236 22,471 23,653 27,017 29,605 29,225 22,572 3 4 Nonagricultural products......................................................................... Foods, feeds, and beverages................................................................... 5 77,592 26,925 8,450 10 11 12 Agricultural.............................................................................................. Grains and preparations...................................................................... Wheat. Corn... Soybeans Meat products and poultry.................................................................. Vegetables, fruits, nuts, and preparations........................................... Other agricultural foods, feeds, and beverages................................... 13 14 15 Nonagricultural (fish, distilled beverages, etc.)........................................ Fish and shellfish............................................................................... Industrial supplies and materials............................................................ 6,672 4,374 316,361 16 17 18 19 Agricultural............................................................................................. Raw cotton.......................................................................................... Tobacco, unmanufactured................................................................... Hides and skins, including furskins..................................................... Other agricultural industrial supplies................................................... 14,100 4,591 23 24 25 Nonagricultural....................................................................................... Energy products........... Coal and related products Petroleum and products Natural gas............... 26 27 28 29 30 20,913 6,394 1,820 2,528 3,011 3,146 3,917 4,445 1,694 1,766 1,767 1,142 1,037 1,117 103,767 108,759 93,206 1,659 1,067 81,570 4,467 1,503 218 511 2,235 3,995 1,303 300 469 1,923 89,547 18,176 1,568 14,575 1,164 99,766 104,292 23,509 25,466 2,393 2,213 18,709 20,975 1,367 1,265 77,575 16,715 2,432 12,758 859 5,080 3,308 26,143 2,901 6,857 5,334 3,270 28,313 3,021 7,149 5,424 3,336 30,095 3,185 7,465 4,611 2,893 22,339 2,696 6,547 18,793 7,228 2,829 2,759 1,449 2,626 3,252 4,238 24,844 8,574 2,937 3,334 4,596 2,777 4,150 4,747 26,731 9,604 2,954 3,979 5,579 2,769 3,772 5,007 24,998 10,024 3,676 3,961 2,086 3,921 3,885 5,082 24,630 6,739 1,873 2,708 5,508 3,348 4,399 4,636 20,758 7,392 2,620 2,971 2,887 2,615 3,595 4,269 21,948 8,233 2,883 3,152 2,825 2,617 3,699 4,574 6,886 2,091 1,451 81,256 1,644 1,032 83,258 1,692 1,442 2,146 1,129 796 1,452 92,594 105,567 108,421 1,606 986 80,720 1,713 1,705 4,363 387,302 1,112 1,121 81,480 84,259 2,183 6,125 16,122 4,845 1,231 2,067 7,979 3,509 1,323 193 523 1,470 3,790 878 466 495 1,951 3,948 1,281 115 490 2,062 4,090 939 422 429 2,300 4,094 1,582 363 537 1,612 3,650 1,157 332 539 1,622 3,659 968 311 530 1,850 302,261 48,984 4,614 37,757 3,164 371,180 83,866 8,606 67,017 4,655 77,747 12,677 1,296 9,745 608 79,468 14,774 1,323 11,841 634 88,644 101,433 104,473 17,812 23,536 25,496 1,417 2,445 2,255 14,362 18,684 20,963 1,164 1,367 1,265 76,630 17,022 2,489 13,008 859 77,386 12,567 1,264 9,667 608 80,609 14,616 1,301 11,705 634 Paper and paper base stocks.............................................................. Textile supplies and related materials................................................. Chemicals, excluding medicinals........................................................ Building materials, except metals........................................................ Other nonmetals.................................................................................. 18,657 12,956 94,469 11,361 27,298 20,449 12,807 106,890 11,803 28,018 4,746 3,270 24,160 2,843 6,944 5,016 3,164 24,282 2,840 6,713 5,045 3,254 26,146 2,843 6,835 4,627 2,786 21,810 2,626 6,400 4,760 3,276 24,205 2,863 6,982 5,000 3,301 24,740 2,917 6,885 31 32 33 34 35 36 37 38 39 Metals and nonmetallic products......................................................... Steelmaking materials..................................................................... , Iron and steel products Nonferrous metals.... Nonmonetary gold Other precious metals Other nonferrous metals Other metals and nonmetallic products.......................................... Capital goods, except automotive........................................................... 88,536 9,882 14,637 43,214 13,308 8,438 21,468 20,803 447,433 40 41 42 43 44 45 46 Machinery and equipment, except consumer-type................................. Electric generating machinery, electric apparatus, and parts.............. Oil drilling, mining, and construction machinery................................. Industrial engines, pumps, and compressors...................................... Machine tools and metalworking machinery....................................... Measuring, testing, and control instruments....................................... Other industrial, agricultural, and service industry machinery............. 355,419 41,326 29,429 19,148 6,715 21,818 76,017 47 48 49 50 51 52 53 54 55 56 57 58 59 60 Computers, peripherals, and parts...................................................... Semiconductors....................... Telecommunications equipment Other office and business machines Scientific, hospital, and medical equipment and parts......................... Civilian aircraft, engines, and parts......................................................... Civilian aircraft, complete, all types..................................................... Other transportation equipment.............................................................. Automotive vehicles, parts, and engines................................................ To Canada............................................................................................... Passenger cars, new and used........................................................... Trucks, buses, and special purpose vehicles...................................... Engines and engine parts................................................................... Other parts and accessories............................................................... 45,546 50,444 30,310 2,786 31,881 87,300 48,821 4,714 121,045 60,095 15,120 12,568 6,927 25,480 86,185 43,571 5,375 120,935 52,880 14,622 10,637 6,009 21,612 61 62 63 64 65 To other areas......................................................................................... Passenger cars, new and used........................................................... Trucks, buses, and special purpose vehicles...................................... Engines and engine parts................................................................... Other parts and accessories............................................................... Consumer goods (nonfood), except automotive.................................... 60,950 28,622 4,465 6,595 21,268 146,102 69 70 Nondurable goods................................................................................... Apparel, footwear, and household goods............................................ Medicinal, dental, and pharmaceutical products................................. Other nondurable goods............................................ ........................ 71 72 73 74 75 76 77 78 7 8 9 20 21 22 11,210 10,443 9,803 13,975 16,446 1,201 3,950 1,157 409 559 1,825 25,174 9,444 2,948 3,970 2,909 3,443 4,087 5,291 27,459 10,194 3,353 4,234 4,015 3,879 4,262 5,109 101,533 35,811 11,451 14,618 16,082 13,481 16,143 20,016 6 4,134 1,468 285 589 1,792 5,335 3,447 28,967 3,163 7,365 10,774 13,129 8,286 1,144 8,550 11,754 12,877 8,308 1,019 8,977 11,591 13,401 8,104 1,137 9,311 9,729 11,089 8,170 946 9,186 22,750 12,452 1,199 30,462 22,761 12,145 1,292 30,912 22,859 11,776 1,485 32,835 17,815 7,198 1,399 26,726 15,536 4,056 3,057 1,703 6,720 13,815 3,964 2,740 1,549 5,562 13,898 3,791 2,780 1,599 5,728 14,622 4,374 2,992 1,555 5,701 10,545 2,493 2,125 1,306 4,621 16,823 9,011 1,366 1,607 4,839 39,032 16,028 7,539 1,246 1,786 5,457 37,403 16,057 8,047 1,244 1,596 5,170 37,629 16,647 8,353 1,108 1,722 5,464 39,207 17,014 8,644 1,189 5,513 40,958 18,213 9,442 1,485 1,771 5,515 42,339 16,181 8,523 1,215 1,611 4,832 38,681 18,348 2,088 10,297 5,963 18,032 1,962 10,563 5,507 16,275 1,831 9,108 5,336 15,752 1,798 8,471 5,483 16,443 1,843 9,136 5,464 17,419 1,911 9,780 5,728 18,455 10,567 5,867 18,199 1,969 10,781 5,449 24,258 91S 1,819 3,206 8,062 1,023 1,874 5,165 22,633 928 1,851 2,780 8,027 1,080 1,962 4,985 21,000 21,128 974 1,929 2,855 7,184 928 1,758 4,498 22,764 999 1,976 2,935 7,363 981 1,80C 4,582 23,539 939 1,977 3,148 7,955 1,040 1,848 5,067 23,884 931 1,911 2,918 8,231 1,067 1,911 5,253 20,482 919 1,537 2,598 7,522 948 1,809 4,765 4,502 3,988 3,812 3,656 3,672 21,877 1,026 1,875 2,905 7,271 964 1,778 4,529 3,879 4,291 3,594 5,229 10,547 6,264 11,868 5,235 10,989 4,124 10,649 4,514 8,149 4,921 8,990 5,200 11,036 5,926 11,579 4,399 5,494 11,081 4,232 10,359 10,875 12,916 7,999 1,078 8,588 21,999 11,762 1,199 29,522 1,017 8,984 23,935 13,244 1,292 33,203 13,651 3,218 2,818 1,564 6,051 15,631 4,337 3,347 1,718 6,229 13,816 3,881 2,611 1,591 5,733 68,055 34,962 4,997 6,772 21,324 161,185 15,608 7,256 1,177 1,766 5,409 36,124 16,561 8,438 1,384 1,587 5,152 38,062 15,706 7,630 1,014 1,693 5,369 39,369 63,393 7,264 35,165 20,964 70,516 7,744 40,264 22,508 16,088 15,641 1,788 8,294 5,559 Durable goods......................................................................................... Televisions, video receivers, and other video equipment Radio and stereo equipment, including records, tapes, and disks....... Toys and sporting goods, including bicycles....................................... Household and kitchen appliances and other household goods.......... Household furnishings and related products................................... Household and kitchen appliances................................................. Other household goods................................................................... 82,709 3,857 7,431 10,603 28,512 3,592 6.94C 17,980 90,669 3,788 7,401 11,599 31,071 4,036 7,366 19,667 79 Gems, jewelry, and collectibles........................................................... 14,717 15,958 20,036 963 1,846 2,713 6,995 936 1,799 4,260 3,184 80 81 Other durable goods........................................................................... Exports, n.e.c............................................................................................. 17,589 33,276 20,852 44,053 4,335 8,068 68 See the footnotes on pages 52-53. 4,001 1,071 402 557 1,971 11,131 13,293 7,855 670 8,288 24,064 13,889 1,298 31,439 15,382 4,155 3,336 1,706 6,185 11,943 13,121 8,160 699 8,523 24,587 14,300 1,298 32,192 67 27,911 9,801 3,213 3,997 5,216 3,480 4,143 5,271 21,774 107,347 23,107 22,679 26,709 29,620 29,659 21,359 22,733 23,150 27,082 29,170 29,321 4,257 4,485 2,555 14,196 2,445 2,596 2,751 4,434 4,517 2,494 2,430 2,672 2,899 4,834 4,260 18,730 3,738 4,137 3,852 4,206 5,430 3,665 4,278 4,980 5,335 3,760 9,617 51,738 11,642 11,124 14,189 14,212 13,812 9,525 11,202 11,270 14,394 14,273 13,454 4,432 3,347 18,690 3,347 4,760 3,570 2,99g 6,151 4,760 4,432 3,570 2,999 6,151 1,621 2,371 3,554 2,371 2,703 3,554 2,671 10,549 2,210 2,703 2,671 1,621 2,210 5,862 5,754 5,422 6,351 4,649 22,499 5,898 6,709 4,557 5,900 5,540 5,959 5,335 5,952 5,342 22,683 5,355 5,221 5,491 5,994 5,995 5,203 5,341 5,356 5,583 5,806 469,477 112,334 118,533 114,896 122,469 120,039 112,073 114,427 117,210 116,620 120,227 122,033 110,597 96,174 97,689 91,383 377,917 89,302 92,648 91,698 97,242 96,619 92,358 90,368 91,848 92,671 10,553 42,833 10,505 10,404 10,309 11,189 10,806 10,529 10,505 10,447 10,369 11,130 10,781 9,221 9,505 34,984 7,587 7,882 8,376 7,506 7,536 7,753 8,630 9,161 9,440 7,560 4,849 5,49g 5,637 5,739 21,835 4,583 5,958 5,511 5,987 4,704 5,749 4,960 5,488 1,882 1,976 1,775 7,433 1,653 1,719 1,764 1,882 1,936 1,693 1,654 1,800 1,851 5,467 5,327 4,910 21,120 5,627 5,322 4,917 5,652 5,476 5,525 5,358 5,406 5,475 82,230 19,298 19,117 20,161 22,073 20,859 19,137 19,668 19,700 20,252 20,994 21,203 19,781 11,167 12,428 7,925 745 7,866 21,838 12,327 1,194 29,259 66 5,442 3,320 29,967 3,171 7,418 25,250 9,422 3,065 3,859 3,840 2,976 3,821 5,191 43,848 50,496 32,868 4,246 36,024 1,886 8,826 5,376 1,485 30,564 10,451 11,059 8,525 991 9,471 18,316 7,563 1,399 27,646 11,487 12,334 7,900 739 8,126 22,865 13,204 1,194 31,564 15,481 4,561 3,211 1,655 6,054 12,760 3,475 2,630 1,444 5,211 10,823 2,705 2,185 1,319 4,614 17,722 9,153 1,717 5,650 41,803 17,804 9,168 1,415 1,755 5,466 40,981 16,591 1,815 9,39G 5,386 17,545 1,879 10,014 5,652 22,421 1,160 2,178 3,043 7,374 997 1,824 4,553 22,778 897 1,918 2,887 7,345 947 1,674 4,724 3,876 4,790 9,299 11,237 13,065 8,202 1,202 11,285 13,456 8,142 1,160 8,981 21,935 11,002 1,044 1,813 2,726 7,637 986 1,858 4,793 1,668 2,021 3,674 34 U.S. International Transactions April 2009 Table 2. U.S. Trade in Goods—Table Ends [Millions of dollars] Not seasonally adjusted Line 2007 2008 p 2007 III Seasonally adjusted 2008 IV I II 2007 III IV p III 2008 IV Ir II r I II r IV p C Trade in goods, by principal end-use category, adjusted to balance of payments basis, excluding military—Continues: 82 Imports of goods, balance of payments basis, excluding military (A-16) 1,967,853 2,112,196 503,513 522,612 507,017 556,515 575,389 473,276 496,698 512,099 530,126 554,922 562,526 464,624 83 Petroleum and products6....................................................................... 330,978 453,319 87,334 96,605 102,832 129,268 139,030 82,189 83,019 99,031 112,965 124,412 132,228 83,714 84 Nonpetroleum products.......................................................................... 1,636,875 1,658,878 416,179 426,007 404,185 427,247 436,359, 391,087 413,679 413,068 417,161 430,510 430,298 380,910 85 Foods, feeds, and beverages.................................................................. 81,683 89,006 19,993 21,608 21,586 22,548 22,218 22,654 20,809 20,930 21,390 22,558 22,974 22,084 86 89 90 91 92 Agricultural............................................................................................. Coffee, cocoa, and sugar................................................................... Green coffee.................................................................................. Meat products and poultry.................................................................. Vegetables, fruits, nuts, and preparations.......................................... Wine, beer, and related products....................................................... Other agricultural foods, feeds, and beverages.................................. 62,128 4,723 3,237 8,009 17,471 8,355 23,570 93 94 95 Nonagricultural (fish, distilled beverages, etc.)....................................... Fish and shellfish............................................................................... Whiskey and other alcoholic beverages............................................. 19,555 13,548 5,547 96 Industrial supplies and materials........................................................... 639,352 20,230 5,389 5,399 5,086 4,339 4,831 5,661 4,949 4,845 4,751 5,107 5,238 5,134 14,027 3,594 3,593 3,804 3,098 3,293 3,832 3,260 3,385 3,514 3,622 3,418 3,506 1,674 1,464 5,495 1,370 1,382 1,386 1,626 1,409 1,224 1,101 1,436 1,409 1,426 782,282 166,610 171,784 182,869 216,714 228,678 154,021 162,079 175,289 193,441 210,426 221,449 156,966 97 98 99 Agricultural............................................................................................. Nonagricultural products... Energy products........... Petroleum and products 6............................................................... Natural gas............... 8,825 630,527 374,473 330,978 32,033 10,877 771,405 498,640 453,319 30,445 Paper and paper base stocks............................................................. Textile supplies and related materials................................................ Chemicals, excluding medicinals....................................................... Building materials, except metals....................................................... Other nonmetals................................................................................. 14,086 13,161 56,220 29,947 27,011 14,079 12,593 68,108 23,968 26,944 3,636 3,333 13,717 7,997 6,954 3,460 3,298 14,269 6,814 6,834 3,546 3,164 16,489 5,926 6,491 3,551 3,304 17,500 6,543 6,962 3,687 3,267 17,948 6,403 7,166 3,295 2,858 16,171 5,096 6,325 3,563 3,332 14,124 7,604 6,795 3,451 3,346 14,742 7,152 6,839 3,597 3,255 15,691 6,364 6,785 3,585 3,191 16,968 6,180 6,839 3,613 3,234 18,710 6,058 6,964 3,284 2,913 16,739 5,366 6,356 115,629 7,295 35,514 52,924 8,826 11,083 13,443 19,572 19,896 127,073 10,792 40,412 53,982 12,453 11,387 13,074 17,068 21,887 30,378 2,017 9,173 14,037 2,673 2,806 3,494 5,064 5,151 27,209 1,957 30,833 1,960 8,715 15,287 4,468 3,188 3,052 4,579 4,871 33,972 2,907 10,296 15,098 3,149 3,417 3,556 4,976 5,671 35,911 3,641 11,734 14,419 3,181 3,041 3,514 4,683 6,117 26,357 2,284 9,667 9,178 1,655 1,741 2,952 2,830 5,228 29,845 1,940 8,771 14,089 2,673 113 114 115 Metals and nonmetallic products........................................................ Steelmaking materials.................................................................... Iron and steel products Nonferrous metals.... Nonmonetary gold. Other precious melals Bauxite and aluminum................................................................ Other nonferrous metals Other metals and nonmetallic products.......................................... 27,693 1,934 8,322 12,377 1,753 2,634 3,233 4,757 5,060 31,824 2,190 9,224 15,299 4,468 3,214 3,006 4,611 5,111 33,312 2,831 10,095 14,935 3,149 3,433 3,365 4,988 5,451 34,927 3,511 11,192 14,262 3,181 2,985 3,447 4,649 5,962 27,010 2,260 9,901 9,486 1,655 1,755 3,256 2,820 5,363 116 Capital goods, except automotive.......................................................... 444,488 117 118 119 123 Machinery and equipment, except consumer-type................................. Electric generating machinery, electric apparatus and parts............... Oil drilling, mining, and construction machinery................................. Industrial engines, pumps, and compressors..................................... Machine tools and metalworking machinery....................................... Measuring, testing, and control instruments...................................... Other industrial, agricultural, and service industry machinery............ 407,079 55,050 19,157 15,738 8,670 14,975 82,937 124 125 126 127 128 Computers, peripherals, and parts..................................................... Semiconductors................................................................................. Telecommunications equipment......................................................... Other office and business machines.................................................. Scientific, hospital, and medical equipment and parts........................ 105,159 26,614 44,055 6,378 28,347 453,895 113,344 115,687 110,315 117,594 117,959 108,027 112,419 113,268 113,820 117,554 116,224 106,297 415,656 103,810 106,050 100,468 107,288 108,725 99,175 102,822 103,738 103,906 107,259 106,990 97,501 56,431 14,641 13,959 13,468 14,357 15,149 13,457 14,135 13,935 14,091 14,370 14,436 13,534 4,541 23,468 4,926 4,702 4,828 5,483 6,331 6,728 4,918 4,972 5,204 6,403 6,889 4,105 18,318 4,074 4,331 4,713 4,716 4,558 4,149 4,297 4,614 4,153 4,608 4,799 2,204 2,294 2,477 9,569 2,135 2,496 2,302 2,088 2,477 2,175 2,416 2,476 2,200 3,862 3,787 14,856 3,822 3,774 3,849 3,446 3,788 3,862 3,404 3,796 3,861 3,729 85,679 20,950 21,615 21,259 22,339 21,820 20,261 21,218 21,611 21,604 21,751 22,002 20,322 22,617 25,926 26,365 26,059 27,343 25,819 21,642 100,863 26,646 27,688 24,850 26,635 26,761 25,661 6,717 6,795 6,560 6,671 5,831 6,622 6,752 5,779 6,599 6,596 6,737 6,549 44,819 11,139 12,238 10,602 11,569 11,840 10,808 11,137 11,694 11.138 11,593 11,783 10,305 1,377 5,068 1,664 1,205 1,373 1,189 1,612 1,348 1,179 1,301 1,290 1,341 1,258 30,924 7,194 7,665 7,200 7,874 7,872 7,978 7,307 7,130 7,581 7,975 7,735 7,633 129 130 131 Transportation equipment, except automotive......................................... Civilian aircraft, engines, and parts.................................................... Civilian aircraft, complete, all types................................................ 37,409 34,407 13,281 258,920 87 88 100 101 102 103 104 105 106 107 108 109 110 111 112 120 121 122 132 Automotive vehicles, parts, and engines............................................... 133 134 135 136 137 From Canada......................................................................................... Passenger cars, new and used.......................................................... Trucks, buses, and special purpose vehicles...................................... Engines and engine parts.................................................................. Other parts and accessories.............................................................. 138 139 140 141 142 68,776 5,780 3,805 7,419 18,921 8,398 28,258 14,907 1,191 879 1,909 3,480 2,158 6,169 16,219 1,175 773 2,099 4,222 2,219 6,504 17,247 1,484 948 1,913 5,525 1,854 6,471 17,717 1,411 1,037 1,832 4,914 2,205 7,355 16,819 1,426 988 1,785 4,015 2,237 7,356 16,993 1,459 832 1,889 4,467 2,102 7,076 15,860 1,226 906 2,022 4,398 2,142 6,072 16,085 1,239 830 2,024 4,448 2,111 6,263 16,639 1,377 864 1,871 4,492 2,080 6,819 17,451 1,446 1,065 1,839 4,663 2,125 7,378 17,736 1,440 994 1,880 5,018 2,197 7,201 16,950 1,517 882 1,829 4,748 1,996 6,860 2,047 2,345 2,608 2,729 2,777 2,763 2,192 2,378 2,507 2,672 2,875 2,823 164,563 169,439 180,261 213,951 225,949 151,244 159,887 172,911 190,934 207,754 218,574 154,143 98,548 107,555 113,812 142,119 151,567 91,142 94,624 109,688 123,418 137,679 145,068 92,475 87,334 96,605 102,832 129,268 139,030 82,189 83,019 99,031 112,965 124,412 132,228 83,714 7,784 7,466 8,099 9,257 7,423 5,666 7,428 7,902 8,010 7,548 9,589 5,406 8,102 12,204 1,753 2,671 2,982 4,798 4,946 2,866 3,477 5,073 5,045 38,239 35,439 12,425 9,534 8,687 3,240 9,637 8,890 3,297 9,847 9,200 3,509 10,306 9,544 3,220 9,234 8,563 2,646 8,852 8,132 3,050 9,597 8,750 3,240 9,530 8,782 3,297 9,914 9,266 3,509 10,295 9,534 3,220 9,234 8,563 2,646 8,796 8,076 3,050 233,546 62,842 67,893 63,154 63,755 55,562 51,075 66,236 64,992 64,240 62,394 58,112 48,800 54,488 31,371 6,090 3,457 13,570 15,568 8,107 2,476 1,037 3,948 47,274 23,618 3,306 4,112 16,238 17,830 9,952 2,754 1,056 4,068 15,288 8,591 1,619 1,050 4,028 15,040 8,856 1,551 956 3,677 11,399 6,645 1,224 816 2,714 17,279 9,231 2,662 1,144 4,242 17,230 9,360 2,639 1,063 4,168 14,990 8,390 1,653 50,063 27,384 2,784 4,094 15,801 47,866 25,385 2,736 4,096 15,649 48,715 25,964 2,655 4,218 15,878 12,761 7,279 1,696 635 3,151 42,801 21,895 1,925 3,949 15,032 39,676 21,098 2,586 3,338 12,654 48,957 25,198 3,209 4,157 16,393 47,762 24,788 2,733 4,165 16,076 49,250 26,188 3,046 4,144 15,872 From other areas.................................................................................... Passenger cars, new and used.......................................................... Trucks, buses, and special purpose vehicles...................................... Engines and engine parts.................................................................. Other parts and accessories.............................................................. 69,129 36,697 11,329 4,360 16,743 189,791 97,162 11,985 16,410 64,234 179,058 94,342 9,902 15,601 59,213 143 Consumer goods (nonfood), except automotive.................................... 478,541 485,266 124,412 128,387 112,827 118,531 133,310 120,598 118,675 121,076 120,638 144 145 146 147 Nondurable goods.................................................................................. Apparel, footwear, and household goods........................................... Medicinal, dental, and pharmaceutical products................................ Other nondurable goods..................................................................... 214,772 117,377 71,733 25,662 220,051 114,728 79,165 26,158 56,719 33,745 16,292 6,682 52,986 28,256 18,077 6,653 52,957 26,976 19,791 6,190 53,101 26,872 19,569 6,660 61,176 33,313 20,951 6,912 52,817 27,567 18,854 6,396 52,430 29,514 16,402 6,514 53,437 29,079 17,820 6,538 55,219 28,584 20,007 6,628 55,139 28,825 19,776 6,538 56,281 28,867 20,734 6,680 53,412 28,452 18,648 6,312 148 149 150 151 152 153 154 155 Durable goods........................................................................................ Televisions, video receivers, and other video equipment.................... Radio and stereo equipment, including records, tapes, and disks...... Toys and sporting goods, including bicycles....................................... Household and kitchen appliances and other household goods......... Household furnishings and related products.................................. Household and kitchen appliances................................................ Other household goods.................................................................. 263,769 39,789 15,052 38,499 112,049 25,136 19,793 67,120 265,215 40,934 12,732 40,086 115,424 23,693 19,358 72,373 67,693 10,024 3,899 9,949 29,445 6,174 4,851 18,420 75,401 13,170 4,433 11,727 29,282 6,347 4,502 18,433 59,870 8,551 2,941 8,224 26,351 6,005 4,423 15,923 65,430 10,307 3,047 8,455 28,792 6,145 5,542 17,105 72,134 11,225 3,478 11,350 31,801 5,962 5,054 20,785 67,781 10,851 3,266 12,057 28,480 5,581 4,339 18,560 66,245 10,014 3,904 9,327 28,360 6,399 4,955 17,006 67,639 10,675 3,668 9,725 28,385 6,300 4,887 17,198 65,419 9,951 3,378 9,634 27,902 5,989 4,497 17,416 69,233 11,410 3,212 9,708 29,478 5,978 4,987 18,513 69,744 10,991 3,465 10,714 30,319 6,142 5,155 19,022 60,819 8,582 2,677 10,030 27,725 5,584 4,719 17,422 1,010 3,937 14,289 14,159 11,050 8,441 8,276 6,264 1,465 1,811 1,161 841 908 698 3,374 3,475 2,784 48,105 43,953 37,750 26,149 23,071 18,934 2,542 1,796 2,518 4,081 3,976 3,400 15,333 15,110 12,898 124,372 126,025 114,231 156 Gems, jewelry, and collectibles.......................................................... 24,748 22,074 6,126 7,367 5,460 5,424 5,159 6,031 6,397 6,319 5,688 5,885 5,285 5,216 157 Other durable goods........................................................................... 33,632 33,965 8,250 9,422 8,343 9,405 9,121 7,096 8,243 8,867 8,866 9,540 8,970 6,589 158 Imports, n.e.c., and U.S. goods returned............................................... 64,869 68,202 16,312 17,253 16,266 17,373 17,662 16,901 16,480 16,544 16,597 17,618 17,742 16,246 159 160 U.S. goods returned............................................................................... Other products, including balance of payments adjustments not included above (minimum value shipments and miscellaneous imports).......... 35,688 37,371 8,919 9,500 8,871 9,424 9,572 9,504 9,129 8,942 8,972 9,758 9,640 9,001 29,181 30,831 7,393 7,753 7,395 7,949 8,090 7,397 7,351 7,602 7,625 7,860 8,102 7,245 See the footnotes on pages 52-53. April 2009 35 Su r v ey o f C u rren t B usiness Table 3. Private Services Transactions [Millions of dollars] Not seasonally adjusted 2007 Line 2007 2008 f Seasonally adjusted 2007 2008 IV 2008 III IV I II III r III IV I' II ' III r IV p 479,980 528,060 128,718 127,532 126,156 133,123 139,859 128,922 125,188 128,423 129,299 134,455 135,756 128,550 96,712 25,586 51,586 19,596 31,990 110,469 31,638 59,407 21,950 37,457 29,159 13,018 4,951 8,067 23,508 7,340 14,120 5,338 8,782 24,152 7,077 14,277 5,370 8,907 29,112 7,732 15,673 5,655 10,018 32,817 9,104 15,889 5,787 10,101 24,388 7,725 13,568 5,138 8,430 25,241 6,530 13,081 4,964 8,117 26,499 7,259 13,790 5,264 8,526 27,200 7,643 14,591 5,498 9,093 28,193 7,707 15,743 5,597 10,145 28,864 8,683 15,724 5,793 9,931 26,212 7,605 13,349 5,061 8,288 Royalties and license fees (table 1, line 9 ).............................. By type: 1 Industrial processes 2 ..................................................... Other 3 ............................................................................ By affiliation: U.S. parents’ receipts from their foreign affiliates............. U.S. affiliates’ receipts from their foreign parent groups.... U.S. receipts from unaffiliated foreigners......................... 82,614 88,212 21,588 22,853 20,916 22,387 21,788 23,122 21,940 21,817 21,568 22,587 22,057 22,000 37,441 45,172 39,379 48,833 10,177 11,411 9,864 12,989 9,373 11,543 10,027 12,360 9,981 11,807 9,998 13,124 10,177 11,763 9,864 11,953 9,373 12,195 10,027 12,560 9,981 12,076 12,002 54,726 4,154 23,733 56,774 4,037 27,401 14,354 1,123 6,111 15,223 1,052 6,578 13,771 914 6,230 14,502 1,016 6,869 13,907 1,046 6,834 14,594 1,060 7,468 14,537 1,123 6,280 14,603 1,052 6,162 14,228 914 6,426 14,577 1,016 6,994 14,026 1,046 6,985 13,944 1,060 6,996 Other private services (table 1, line 10).................................. By type:' Education........................................................................ Financial services........................................................... Insurance services.......................................................... Telecommunications........................................................ Business, professional, and technical services................ Other services 4.............................................................. By affiliation: U.S. parents’ receipts from their foreign affiliates............. U.S. affiliates’ receipts from their foreign parent groups.... U.S. receipts from unaffiliated foreigners........................ 223,483 238,334 58,084 59,710 59,735 58,219 60,262 60,119 58,396 59,058 58,297 60,226 60,428 59,384 15,732 58,266 10,286 8,283 107,675 23,241 16,753 58,241 11,248 9,716 120,008 22,368 4,386 15,567 2,676 2,128 27,260 6,067 2,970 15,833 2,706 2,109 29,639 6,453 6,865 15,398 2,575 2,179 26,678 6,040 2,038 15,619 2,824 2,377 30,345 5,015 4,681 14,117 2,890 2,529 30,288 5,757 3,169 13,107 2,958 2,632 32,696 5,556 3,962 15,567 2,676 2,128 27,996 6,067 4,025 15,833 2,706 2,109 27,932 6,453 4,093 15,398 2,575 2,179 28,013 6,040 4,149 15,619 2,824 2,377 30,241 5,015 4,224 14,117 2,890 2,529 30,911 5,757 4,287 13,107 2,958 2,632 30,843 5,556 49,238 24,052 150,193 52,225 24,657 161,452 12,515 5,626 39,944 13,428 6,512 39,770 12,532 5,500 41,702 13,076 6,216 38,927 13,158 5,834 41,269 13,458 7,107 39,553 12,804 6,031 39,561 12,976 5,897 40,185 12,969 5,755 39,573 12,720 6,379 41,127 13,409 6,255 40,763 13,126 6,268 39,990 23 Imports of private services...................................................... 1 Exports of private services...................................................... ? Travel (table 1, line 6) .............................................................. 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Passenger fares (table 1, line 7).............................................. Other transportation (table 1, line 8) ....................................... Freight................................................................................. Port services....................................................................... 6,868 p 9,998 341,126 363,781 90,532 85,602 84,751 95,249 96,922 86,858 87,087 87,380 89,982 91,789 93,357 88,653 24 25 26 ?7 28 Travel (table 1, line 23)............................................................ Passenger fares (table 1, line 24)............................................ Other transportation (table 1, line 25)..................................... Freight................................................................................. Port services....................................................................... 76,167 28,486 67,050 45,576 21,474 80,000 32,429 71,840 45,199 26,642 21,916 7,841 17,476 11,848 5,628 17,024 6,899 17,101 11,304 5,797 17,410 7,277 17,192 11,061 6,131 23,084 8,721 18,773 11,649 7,123 22,505 8,784 19,407 11,879 7,527 17,001 7,647 16,469 10,609 5,860 19,247 7,422 17,119 11,656 5,463 19,533 7,364 17,142 11,314 5,828 20,379 7,927 17,833 11,438 6,395 20,268 8,032 18,528 11,480 7,049 19,846 8,317 18,943 11,642 7,300 19,507 8,153 16,536 10,639 5,897 29 Royalties and license fees (table 1, line 26)............................ By type: 1 Industrial processes 2 ..................................................... Other 3 ............................................................................ By affiliation: U.S. parents’ payments to their foreign affiliates.............. U.S. affiliates' payments to their foreign parent groups.... U.S. payments to unaffiliated foreigners.......................... 25,048 26,468 6,004 6,646 6,428 6,352 7,043 6,645 6,155 5,991 6,637 6,599 7,220 6,011 18,093 6,955 18,194 8,275 4,348 1,656 4,646 2,001 4,676 1,753 4,633 1,719 4,300 2,743 4,585 2,060 4,460 1,694 4,156 1,836 4,826 1,811 4,816 1,783 4,421 2,799 4,130 1,881 2,233 17,420 5,396 2,369 17,474 6,626 636 4,017 1,351 515 4,736 1,396 546 4,459 1,423 574 4,338 1,439 671 4,034 2,338 577 4,643 1,425 636 4,167 1,351 515 4,081 1,396 546 4,667 1,423 574 4,586 1,439 671 4,211 2,338 577 4,009 1,425 Other private services (table 1, line 2 7).................................. By type: 1 Education........................................................................ Financial services........................................................... Insurance services.......................................................... Telecommunications........................................................ Business, professional, and technical services................ Other services 4 .............................................................. By affiliation: U.S. parents’ payments to their foreign affiliates.............. U.S. affiliates’ payments to their foreign parent groups.... U.S. payments to unaffiliated foreigners.......................... 144,375 153,044 37,294 37,931 36,444 38,320 39,183 39,096 37,145 37,350 37,206 38,361 39,031 38,446 4,523 18,928 42,761 7,334 68,763 2,065 4,647 18,757 44,479 7,413 75,337 2,411 1,523 4,727 11,113 1,908 17,460 562 978 4,973 11,050 1,847 18,553 530 883 4,847 11,187 1,779 17,133 615 1,180 4,884 10,615 1,870 19,104 667 1,556 4,676 11,278 1,870 19,226 577 1,028 4,349 11,400 1,894 19,874 551 1,140 4,727 11,113 1,908 17,694 562 1,129 4,973 11,050 1,847 17,820 530 1,145 4,847 11,187 1,779 17,633 615 1,156 4,884 10,615 1,870 19,169 667 1,162 4,676 11,278 1,870 19,467 577 1,184 4,349 11,400 1,894 19,067 551 36,545 20,518 87,312 42,050 18,408 92,586 9,302 5,046 22,945 10,166 5,218 22,547 9,100 4,445 22,899 10,885 4,595 22,840 10,649 4,715 23,819 11,416 4,653 23,027 9,536 5,046 22,562 9,434 5,218 22,698 9,601 4,445 23,160 10,950 4,595 22,816 10,890 4,715 23,426 10,609 4,653 23,184 45 Premiums received 5................................................................... 46 Actual losses paid....................................................................... 20,951 11,619 20,744 12,313 5,532 2,988 5,314 3,069 4,681 3,097 5,280 3,094 5,354 3,074 5,429 3,048 5,532 2,988 5,314 3,069 4,681 3,097 5,280 3,094 5,354 3,074 5,429 3,048 47 Premiums paid 5.......................................................................... 48 Actual losses recovered.............................................................. 74,848 30,430 74,245 31,697 19,454 7,577 19,093 7,616 19,094 7,713 17,719 7,844 18,615 7,993 18,816 8,147 19,454 7,577 19,093 7,616 19,094 7,713 17,719 7,844 18,615 7,993 18,816 8,147 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Supplemental detail on insurance transactions: Memoranda: 49 Balance on goods (table 1, line 72)............................................. -819,373 -820,825 -215,588 -214,780 -191,666 -214,988 -237,251 -176,919 -201,204 -208,919 -212,578 -217,874 -216,254 -174,119 39,897 42,064 39,316 42,667 42,398 138,854 164,279 38,186 41,930 41,405 37,874 42,937 38,101 41,043 50 Balance on private services (line 1 minus line 25)....................... 51 Balance on goods and private services (lines 53 and 54)............ -680,519 -656,546 -177,402 -172,850 -150,261 -177,115 -194,314 -134,856 -163,103 -167,876 -173,262 -175,208 -173,855 -134,222 See the footnotes on pages 52-53. 36 April 2009 U.S. International Transactions Table 4. Investment Income [Millions of dollars] Not seasonally adjusted 2007 Line 2008 p 2007 Seasonally adjusted 2008 2007 III 1 Income receipts on U.S.'Owned assets abroad (table 1, line 13).... 2 Direct investment receipts (table 1, line 14).................................... IV 1 II III' 2008 III r IV p 814,807 752,421 212,901 214,141 197,238 197,679 191,687 165,816 212,774 214,587 199,137 195,756 191,603 165,925 371,268 364,146 7,122 95,105 93,391 1,714 99,764 98,101 1,663 95,434 93,652 1,782 103,541 101,814 1,727 95,850 94,120 1,730 76,443 74,560 1,883 94,953 93,239 1,714 100,259 98,596 1,663 97,346 95,564 1,782 101,612 99,885 1,727 95,708 93,978 1,730 76,603 74,719 1,883 iV III IV I II 3 4 Earnings...................................................................................... Interest........................................................................................ 368,275 361,869 6,407 5 Other private receipts (table 1, line 15)........................................... 444,299 376,249 117,275 113,774 101,088 93,412 94,583 87,166 117,275 113,774 101,088 93,412 94,583 87,166 6 Income on foreign securities....................................................... Dividends................................................................................ Interest.................................................................................... 193,961 114,617 79,344 227,082 143,629 83,453 50,815 30,676 20,139 52,075 31,459 20,616 56,411 35,663 20,748 56,708 35,350 21,358 57,361 36,157 21,204 56,602 36,459 20,143 50,815 30,676 20,139 52,075 31,459 20,616 56,411 35,663 20,748 56,708 35,350 21,358 57,361 36,157 21,204 56,602 36,459 20,143 Interest on claims reported by banks.......................................... Banks’ own claims................................................................... Banks’ customers’ claims........................................................ 184,055 142,587 41,468 106,292 81,295 24,997 48,338 37,095 11,243 45,684 35,105 10,579 32,939 25,732 7,207 26,391 20,404 5,987 26.060 20,049 48,338 37,095 11,243 45,684 35,105 10,579 32,939 25,732 7,207 26,391 20,404 5,987 26,060 20,049 6,012 20,901 15,110 5,791 6,012 20,901 15,110 5,791 Interest on claims reported by nonbanking concerns................... 66,284 42,876 18,123 16,015 11,738 10,313 11,162 9,663 18,123 16,015 11,738 10,313 11,162 9,663 U.S. government receipts (table 1, line 16)..................................... 2,233 4,904 521 603 716 726 1,254 2,207 546 554 703 732 1,312 2,156 14 Income payments on foreign-owned assets in the United States (table 1, line 3 0 )............................................................................. 726,031 617,605 187,602 176,548 162,938 167,200 159,547 127,921 188,045 176,436 164,074 165,760 160,222 127,550 15 16 17 Direct investment payments (table 1, line 31)................................... Earnings...................................................................................... Interest........................................................................................ 134,414 109,784 24,630 103,381 78,460 24,921 34,800 28,549 6,250 25,536 18,149 7,387 25,884 19,320 6,563 38,122 32,947 5,175 30,960 24,819 6,141 8,416 1,373 7,043 35,243 28,992 6,250 25,424 18,037 7,387 27,020 20,457 6,563 36,682 31,507 5,175 31,635 25,494 6,141 8,045 18 Other private payments (table 1, line 32)........................................ 426,515 346,954 110,898 108,281 94,302 86,115 87,097 79,440 110,898 108,281 94,302 86,115 87,097 79,440 19 Income on U.S. corporate securities........................................... Dividends................................................................................ Interest.................................................................................... 193,880 54,344 139,536 216,890 64,990 151,901 49,845 13,913 35,932 51,276 14,806 36,471 52,791 15,874 36,917 53,619 15,572 38,046 55,645 16,153 39,492 54,836 17,390 37,446 49,845 13,913 35,932 51,276 14,806 36,471 52,791 15,874 36,917 53,619 15,572 38,046 55,645 16,153 39,492 54,836 17,390 37,446 Interest on liabilities reported by banks....................................... Banks’ own liabilities............................................................... Banks’ customers’ liabilities.................................................... 189,884 147,141 42,743 98,832 73,525 25,308 49,212 38,007 11,205 46,053 35,144 10,909 32,927 25,084 7,843 24,479 18,226 6,253 23,594 17,222 6,372 17,832 12,993 4,839 49,212 38,007 11,205 46,053 35,144 10,909 32,927 25,084 7,843 24,479 18,226 6,253 23,594 17,222 6,372 17,832 12,993 4,839 7 8 9 10 11 12 13 20 21 22 23 24 1,002 7,043 25 Interest on liabilities reported by nonbanking concerns............... 42,751 31,231 11,840 10,952 8,584 8,017 7,858 6,772 11,840 10,952 8,584 8,017 7,858 6,772 26 U.S. government payments (table 1, line 33)................................... 165,102 167,270 41,904 42,731 42,752 42,963 41,490 40,065 41,904 42,731 42,752 42,963 41,490 40,065 Memorandum: 27 Balance on investment income (line 1 minus line 14).......................... 88,776 134,814 25,299 37,593 34,300 30,479 32,140 37,895 24,729 38,151 35,063 29,996 31,381 38,375 See the footnotes on pages 52-53. Table 5. U.S. Official Reserve Assets and Foreign Official Assets in the United States [Millions of dollars] Not seasonally adjusted Line (Credits +; decrease in U.S. assets or increase in foreign assets. Debits -; increase in U.S. assets or decrease in foreign assets.) 2007 2007 2008 p I A1 U.S. official reserve assets, net (table 1, line 41)............................................................. 2 Gold (table 1, line 42)................................................................................................... 3 Special drawing rights (table 1, line 43)....................................................................... 4 Reserve position in the International Monetary Fund (table 1, line 44)......................... Foreign currencies (table 1, line 45)......................... ................................................... 5 B1 Foreign official assets in the United States, net (table 1, line 56 )................................. By instrument: 2 U.S. Treasury securities (table 1, line 58)............................................... .................... 3 Bills and certificates................................................................................................. 4 Bonds and notes, marketable................................................................................... 5 Bonds and notes, nonmarketable............................................................................. 6 Other U.S. government securities (table 1, line 59)...................................................... 7 Other U.S. government liabilities (table 1, line 60)....................................................... 8 U.S. liabilities reported by U.S. banks, not included elsewhere (table 1, line 61).......... 9 Banks’ liabilities for own account1........................................................................... 10 Repurchase agreements...................................................................................... 11 Deposits and brokerage balances2..................................................................... 12 Other liabilities...................................................................................................... 13 Banks’ customers' liabilities 1................................................................................... 14 Negotiable certificates of deposit and other short-term instruments..................... 15 Other liabilities...................................................................................................... 16 Other foreign official assets (table 1, line 62)............................................................... 17 18 19 20 21 22 By area: Europe......................................................................................................................... Canada........................................................................................................................ Latin America and Caribbean....................................................................................... Asia............................................................................................................................. Africa........................................................................................................................... Other........................................................................................................................... See the footnotes on pages 52-53. -122 -4,848 III II -72 26 IV -54 I -22 II -276 -1,267 0 0 -29 0 -22 0 0 -25 -955 -290 - 2,886 -215 293,733 227,439 9,340 7,683 49,271 -359 13,469 145,497 -25,810 17,352 -43,183 42,728 18,173 24,533 173,533 145,391 116,078 -13,627 3,775,693 88,649 6,223 82,404 58,143 24,817 33,303 23 93,145 2,439 -30,055 -6,738 4,037 -4,830 -5,945 -23,317 -17,857 -5,460 21,719 116,479 178,948 49,328 194,108 67,128 -15,184 23 24 -95,974 -10,559 1,642 2,900 10,302 -106,973 20,498 -26,948 4,342 -29,529 9,950 4,686 6,206 -2,105 -10,196 -80,025 -7,028 -80,028 -3,168 3 -1,786 7,472 2,247,352 470,956 1,775,193 1,203 907,593 32,650 252,589 189,924 119,451 61,315 9,158 62,665 62,662 3 335,509 1,074 -181 -14,247 130,039 2,494 -3,101 562,971 13,129 295,726 2,838,469 38,018 27,380 0 0 -A3 -989 -241 -39 294 -229 411,058 421,375 163,270 88,822 58,865 19,648 39,133 84 171,465 5,342 108,695 32,556 40,668 -6,411 -1,701 76,139 75,240 899 66,691 442,219 274,476 167,651 92 65,846 8,626 -153,656 -34,162 -39,427 6,605 -1,340 -119,494 -118,496 -998 58,340 40,337 22,275 18,042 1,610 -38,152 39,741 20 21 21 22 22 81,303 366 30,329 30,331 34,569 1,432 -5,670 80 -82 10,935 60,031 -69 15,956 15,367 7,813 4,955 2,599 589 -131 720 11,294 18,022 913 9,873 -27,354 -21,118 -4,927 -1,309 37,227 36,823 404 10,471 12,109 4,132 52,537 14,212 19,404 -7,871 2,679 38,325 38,468 -143 33,991 79,234 1,645 -26,930 -20,974 -18,277 -3,201 504 -5,956 -13,583 7,627 30,935 73,375 721 80,352 278,384 6,976 -28,750 -36,442 1,511 8,419 430,952 9,803 7,132 18,394 626 22,823 111,395 1,735 8,297 -7,127 304 33,079 50,498 4,168 7,900 15,707 -1,056 15,640 10,678 -593 -26,907 46,401 847 8,810 105,813 42,919 -17 8,730 115,426 1,645 4,830 212 -2 0 -30 256 -405 0 -106 -3,473 -1,269 -37 230 ' -247 1,666 -18,040 IV p III r -35 285 -272 0 -154 1,021 Amounts outstanding Dec. 31, 2008 2008 112 22,790 202 23,053 95,754 3,688 -96 -179 -3,126 -103,225 1,507 -9,117 89,733 1,976 5,499 April 2009 37 S u rv ey o f C u rren t B usiness Table 6. Selected U.S. Government Transactions [Millions of dollars] Not seasonally adjusted 2007 Line 2008 p I A1 U.S. government grants and transactions increasing government assets, total.................................................................. 2008 2007 III II IV I 11,213 6,945 7,324 34,242 7,221 33,348 33,237 5,980 27,257 10,567 10,567 3,640 6,927 5,662 5,611 509 5,102 7,167 7,109 705 6,404 9,952 9,950 1,126 8,824 9,999 9,990 3,803 6,187 IV p III r II 59,724 566,601 49,412 235,066 274,902 By category ? 3 4 5 6 Grants, net............................................................................................................................................................................... U.S. government current grants, net (table 1, line 36, with sign reversed)............................................................................ Financing military purchases 1......................................................... Other grants..................................................................................... 34,763 34,603 7,353 27,250 7,323 7,305 732 6,574 8,384 8,257 857 7,400 9,057 9,051 1,961 7,090 7 Debt forgiveness (table 1, part of line 39, with sign reversed)............................................................................................... 110 160 0 51 57 2 10 18 127 6 8 Credits and other long-term assets (table 1, line 47, with sign reversed)................................................................................. Capital subscriptions and contributions to international financial institutions, excluding IM F............................................... Credits repayable in U.S. dollars.......................................................................................................................................... Credits repayable in other than U.S. dollars......................................................................................................................... Other long-term assets....................................................................................................................................................... 2,475 1,651 818 5 2,139 1,375 763 608 284 319 5 1,405 1,184 182 90 92 279 93 186 179 103 76 1,106 1,067 38 465 129 335 389 76 314 0 0 0 0 0 0 0 0 0 0 0 0 -25 24,011 -2,957 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 34 -9 0 0 0 0 0 0 0 0 0 12 0 0 9 10 11 12 0 23,902 529,698 5 0 20 21 22 Foreign currency holdings and short-term assets, net (table 1, line 49 with sign reversed)...................................................... Foreign currency holdings (excluding administrative cash holdings), net............................................................................. Receipts from: Sales of agricultural commodities................................................................................................................................ Interest........................................................................................................................................................................ Repayments of principal Reverse grants........ Other sources......... Less currencies disbursed for: Grants and credits in me recipients currency.............................................................................................................. Other grants and credits............................................................................................................................................... Other U.S. government expenditures........................................................................................................................... 23 24 25 26 Assets acquired in performance of U.S. government guarantee and insurance obligations, net.......................................... Other assets held under Commodity Credit Corporation Charter Act, net............................................................................ Assets financing military sales contracts, n e t 2.................................................................................................................... Other short-term assets (including changes in administrative cash holdings), n e t 9 ............................................................ 27 28 29 30 31 32 33 34 35 Capital subscriptions and contributions to international financial institutions, excluding IMF.................................................... Under Agricultural Trade Development and Assistance Act and related programs................................................................... Under Foreign Assistance Act and related programs............................................................................................................... Under Export-lmport Bank Act................................................................................................................................................ Under Commodity Credit Corporation Charter A ct.................................................................................................................. Under other grant and credit programs.................................................................................................................................... Other foreign currency assets acquired (lines A16, A17, and A19 ).......................................................................................... Less foreign currencies used by U.S. government other than for grants or credits (line A22)................................................... Other (including changes in administrative cash holdings), n e t 9.............................................................................................. 36 37 38 39 40 41 42 43 44 4b Estimated transactions involving no direct dollar outflow from the United States..................................................................... Expenditures on U.S. goods................................................................................................................................................ Expenditures on U.S. services 4 .............................................. Financing of military sales contracts by U.S. government5 (line C6) By long-term credits............................................................. By short-term credits 1......................................................... By grants 1 ........................................................................... U.S. government grants and credits to repay prior U.S. government credits 14 ................................................................... U.S. government long- and short-term credits to repay prior U.S. private credits 6and other assets.................................... Increase in liabilities associated with U.S. government grants and transactions increasing government assets (including changes in retained accounts) 7 (line C11)...................................................................................................................... Less receipts on short-term U.S. government assets (a) financing military sales contracts 1 (b) financing repayment of private credits and other assets, and (c) financing expenditures on U.S. goods............................................................... Less foreign currencies used by U.S. government other than for grants or credits (line A22)............................................... Estimated dollar payments to foreign countries and international financial institutions 9.......................................................... B1 Repayments on U.S. government long-term assets, total (table 1, line 48)........................................................................... 2 Receipts of principal on U.S. government credits... Under Agricultural Trade Development and Assistance Act and related programs............................................................... 3 Under Foreign Assistance Act and related programs 4 Under Export-lmport Bank Act......................... 5 Under Commodity Credit Corporation Charter Act 6 7 Under other credit programs............................ 8 Receipts on other long-term assets......................................................................................................................................... 4,104 4,104 941 1,517 1,218 428 13 14 15 1fi 17 18 19 0 0 0 0 0 38 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -147 40 4 -106 -44 0 0 0 0 0 0 0 0 24,044 529,659 29 -16 284 464 9,981 18 98 334 5 1,184 456 4,990 42 -3 293 5 0 0 221 0 0 -122 0 5 0 0 20 24,011 -2,959 40,983 226,217 265,455 40,949 226,226 265,444 By program 1,651 1,802 30,474 66 147 1,536 5 1,375 1,895 31,523 265 5 1,880 0 560 93 437 9,296 3 52 350 6 1,067 398 6,522 14 4 352 0 1 0 461 488 579 103 413 9,305 129 687 7,518 17 76 397 8,178 228 0 0 0 0 0 0 0 0 0 0 0 0 20 24,011 -2,959 40,949 226,226 265,444 0 0 0 24,044 529,659 29 -16 21,264 7,723 10,816 2,539 207 23,209 8,986 3,672 3,097 80 7,645 4,143 2,791 615 51 0 0 0 0 21 0 2,332 294 -95 3,018 194 89 564 91 10 504 133 7 0 0 0 0 0 0 0 90 445 6,207 3 By disposition 3 46 47 48 C1 U.S. government liabilities other than securities, total, net increase (+) (table 1, line 60)................................................... 2 Associated with military sales contracts2 ................................................................................................................................ U.S. government cash receipts from foreign governments (including principal repayments on credits financing military 3 sales contracts), net of refunds 1..................................................................................................................................... Less U.S. government receipts from principal repayments................................................................................................... 4 Less U.S. Treasury securities issued in connection with prepayments for military purchases in the United States............... 5 6 Plus financing of military sales contracts by U.S. government5 (line A39)........................................................................... 7 By long-term credits......................................................................................................................................................... By short-term credits 1..................................................................................................................................................... 8 9 By grants 1 ....................................................................................................................................................................... Less transfers of goods and services (including transfers financed by grants for military purchases, and by credits) 12 10 (table 1, line 5 )................................................................................................................................................................. 11 Associated with U.S. government grants and transactions increasing Government assets (including changes in retained accounts) 7 (line A45)........................................................................................................................................................... 12 Associated with other liabilities................................................................................................................................................ 13 14 Sales of space launch and other services by National Aeronautics and Space Administration............................................ Other sales and miscellaneous operations.......................................................................................................................... 15 See the footnotes on pages 52-53. 10,886 1,010 2,055 565 61 7,339 4,163 2,470 672 4,260 903 2,564 730 5,422 1,343 3,085 874 0 0 0 0 0 22 0 700 65 -119 564 5 7 672 31 16 730 23 52 853 129 7 0 0 0 0 11 0 4,150 948 2,442 721 5,797 1,621 3,528 638 73 6,188 2,577 2,767 821 58 0 763 11 14 0 40 5 98 -92 0 0 0 0 1 0 12 0 38,461 543,392 3,567 3,274 3,175 28,445 -118 2,327 2,327 629 852 824 1,091 1,091 136 548 278 129 687 687 40 326 292 30 780 780 127 294 350 1,546 1,546 638 348 298 262 487 487 60 232 182 13 497 497 57 168 269 3 0 0 0 0 0 0 0 0 0 1 0 0 8,626 8,628 366 383 -88 1,645 1,649 2,439 2,438 1,642 1,641 2,900 2,900 21,843 5,197 303 497 615 51 7,267 36 1,883 672 3,483 4 -1,784 730 4,395 58 0 0 22 0 6,698 4 995 821 58 12 0 0 O 5,342 5,358 19,904 535 497 2,539 207 22 0 0 102 1,094 3,097 80 -69 3,434 88 0 565 61 8 0 0 913 933 4,153 59 0 721 C) 4,132 4,129 7,119 86 0 638 73 14 3 0 0 45,152 229,644 268,714 692 693 237 310 144 0 874 651 651 275 142 229 5 0 0 0 0 0 0 21 0 0 0 0 2,332 3,018 564 504 700 564 672 730 853 763 16,052 15,115 4,629 4,000 3,882 3,541 4,371 3,554 3,570 3,620 0 -21 0 0 -4 0 1 0 3 n 0 0 0 -21 (*) n -4 0 1 (*) 0 0 0 0 -16 -3 -17 19 (*) -16 0 0 0 -3 -17 19 2 0 0 0 0 38 U.S. International Transactions April 2009 Table 7. Direct Investment: Income, Capital, Royalties and License Fees, and Other Private Services—Continues [Millions of dollars] Not seasonally adjusted Line (Credits +; debits -) 2007 2008 p Seasonally adjusted 2007 1 II 2008 1 IV III 2007 IIIr II IV p I II 2008 III IV I' II ’ III' IV p U.S. direct investment abroad: 1 Income (table 1, line 14)....................................... 2 Earnings........................................................... 3 4 5 6 7 8 9 Distributed earnings....................................... Reinvested earnings...................................... Reinvested earnings without current-cost adjustment............................................. Current-cost adjustment............................. Interest ............................................................. U.S. parents’ receipts..................................... U.S. parents’ payments................................... 10 Income without current-cost adjustment................... 11 Manufacturing............................................... 12 Wholesale trade............................................. 13 14 15 16 17 18 19 Finance (including depository institutions) and insurance.................................................. Molding companies, except bank holding companies................................................ Other............................................................ Earnings without current-cost adjustment (line 2 less line 6) ..................................................... Manufacturing............................................... Wholesale trade............................................. Finance (including depository institutions) and insurance.................................................. Holding companies, except bank holding companies................................................ Other............................................................ 371,268 364,146 117,951 246,195 81,973 80,452 15,083 65,369 91,434 89,925 22,007 67,918 95,105 93,391 17,376 76,015 99,764 98,101 44,093 54,009 95,434 103,541 93,652 101,814 25,925 30,595 67,728 71,219 95,850 94,120 23,399 70,720 76,443 74,560 38,032 36,528 83,391 81,870 23,149 58,721 89,673 88,164 22,853 65,311 94,953 100,259 93,239 98,596 26,196 26,360 67,043 72,236 97,346 101,612 95,564 99,885 35,062 30,379 60,501 69,505 95,708 93,978 32,283 61,694 76,603 74,719 20,226 54,493 243,827 226,957 19,484 19,238 60,493 4,876 63,042 4,876 71,144 4,871 49,148 4,861 62,905 4,823 66,408 4,811 65,916 4,804 31,728 4,800 53,845 4,876 60,435 4,876 62,172 4,871 67,375 4,861 55,678 4,823 64,694 4,811 56,890 4,804 49,693 4,800 7,122 11,482 -4,360 1,521 2,598 -1,077 1,509 1,714 2,803 -1,089 1,663 2,795 -1,133 1,782 2,857 -1,075 1,727 2,780 -1,053 1,730 2,830 - 1,100 1,883 3,015 -1,132 1,521 2,598 -1,077 1,509 -1,177 -1,177 1,714 2,803 -1,089 1,663 2,795 -1,133 1,782 2,857 -1,075 1,727 2,780 -1,053 1,730 2,830 - 1,100 1,883 3,015 -1,132 348,791 352,030 65,127 65,634 30,238 29,171 77,097 13,907 6,328 86,558 17,004 7,554 90,234 16,956 7,595 94,903 17,260 8,761 90,611 17,199 7,120 98,730 18,784 8,232 91,046 17,424 7,056 71,643 12,227 6,763 78,515 14,727 7,014 84,797 15,925 7,362 90,082 16,988 7,947 95,398 17,487 7,915 92,523 18,248 7,838 96,801 17,599 7,946 90,904 17,416 7,329 71,803 12,371 6,058 368,275 361,869 98,558 263,311 6,407 10,882 -4,475 40,557 2,686 2,686 37,819 8,960 10,337 11,237 10,023 10,885 11,996 9,280 5,658 8,873 9,846 10,701 11,137 11,030 11,538 8,874 6,377 136,875 140,141 75,994 79,265 31,525 16,376 33,348 18,315 35,392 19,054 36,610 22,248 34,640 20,767 37,969 21,749 36,181 21,105 31,351 15,645 31,525 16,376 33,348 18,315 35,392 19,054 36,610 22,248 34,640 20,767 37,969 21,749 36,181 21,105 31,351 15,645 342,385 344,908 64,015 64,666 29,863 28,888 75,576 13,589 6,252 85,049 16,701 7,471 88,520 16,704 7,492 93,240 17,021 8,648 88,829 16,944 7,020 97,003 18,530 8,180 89,316 17,193 6,989 69,760 11,998 6,699 76,994 14,410 6,937 83,288 15,622 7,280 88,368 16,735 7,844 93,735 17,249 7,801 90,741 17,994 7,738 95,074 17,345 7,894 89,174 17,185 7,261 69,919 12,142 5,995 37,691 9,055 10,436 11,287 10,024 10,837 11,993 9,237 5,624 8,967 9,945 10,751 11,138 10,981 11,535 8,831 6,344 134,879 137,933 72,826 75,729 31,042 15,638 32,884 17,557 34,824 18,213 36,129 21,418 34,118 19,910 37,483 20,817 35,678 20,219 30,655 14,783 31,042 15,638 32,884 17,557 34,824 18,213 36,129 21,418 34,118 19,910 37,483 20,817 35,678 20,219 30,655 14,783 7,122 969 284 1,521 317 77 1,509 303 82 1,714 252 103 1,663 239 114 1,782 255 1,727 254 53 1,730 231 1,883 229 64 1,521 317 77 1,509 303 82 1,714 252 103 1,663 239 114 1,782 255 1,727 254 53 1,730 231 1,883 229 64 -244 127 -94 -99 -50 -1 49 3 42 33 -94 -99 -50 -1 49 3 42 33 1,995 3,168 2,207 3,536 483 738 464 758 568 841 480 831 523 857 486 932 503 483 738 464 758 568 841 480 831 523 857 486 932 503 886 696 861 886 696 861 28 Capital (table 1, line 51) -333,271 -317,835 -73,354 Equity capital.... -87,969 -81,416 -17,777 29 Increases in equity capital............................... -152,297 -119,974 -25,568 30 7,791 Decreases in equity capital............................. 64,328 38,558 31 32 Reinvested earnings (line 4 with sign reversed)..... -263,311 -246,195 -65,369 Intercompany debt............................................. 33 18,008 9,776 9,792 34 7,795 1,109 U.S. parents’ receivables................................. -11,635 35 U.S. parents’ payables................................... 29,643 1,981 8,683 -96,224 -44,019 -59,358 15,339 -67,918 15,713 7,649 8,064 -71,015 2,718 -20,706 23,424 -76,015 2,282 -10,878 13,160 -82,678 -100,548 -28,890 - 22,011 -46,664 -28,628 17,774 6,617 -54,009 -67,728 -9,779 -10,809 -9,515 -16,360 -264 5,552 -88,551 -8,633 -17,860 9,227 -71,219 -8,700 -12,371 3,671 -61,382 -12,665 -22,465 9,800 -70,720 22,003 12,129 9,873 -67,354 -38,107 -51,022 12,914 -36,528 7,282 24,396 -17,115 -66,706 -17,777 -25,568 7,791 -58,721 9,792 1,109 8,683 -93,616 -44,019 -59,358 15,339 -65,311 15,713 7,649 8,064 -62,043 -110,905 2,718 -28,890 -20,706 -46,664 23,424 17,774 -67,043 -72,236 2,282 -9,779 -10,878 -9,515 13,160 -264 -93,321 - 22,011 -28,628 6,617 -60,501 -10,809 -16,360 5,552 -86,838 -8,633 -17,860 9,227 -69,505 -8,700 -12,371 3,671 -52,356 -12,665 -22,465 9,800 -61,694 22,003 12,129 9,873 -85,319 -38,107 -51,022 12,914 -54,493 7,282 24,396 -17,115 20 21 22 23 24 25 26 27 Interest............................................................. Manufacturing............................................... Wholesale trade............................................. Finance (including depository institutions) and insurance 1 ................................................ Holding companies, except bank holding companies................................................ Other........... 40,802 6,407 1,112 376 36 Capital without current-cost adjustment.................... -313,787 -298,597 -68,478 -91,348 -66,144 -87,817 37 Manufacturing............................................... -55,249 -51,800 -8,708 -26,660 -13,541 -6,341 38 Wholesale trade............................................. -26,385 -30,956 -11,103 -3,492 -6,470 -5,319 Finance (including depository institutions) and 39 insurance.................................................. -53,079 -40,822 -11,631 -18,019 -13,402 -10,027 40 Holding companies, except bank holding companies................................................ -115,260 -108,296 -16,459 -36,715 -17,890 -44,196 Other, -63,814 -66,723 -20,576 -6,463 -14,841 -21,934 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Equity capital Manufacturing............................................... Wholesale trade............................................. Finance (including depository institutions) and insurance.................................................. Holding companies, except bank holding companies................................................ Other............................................................ 60 Royalties and license fees, net............................. 61 U.S. parents’ receipts (table 1, part of line 9)........ 62 U.S. parents’ payments (table 1, part of line 26).... 58 59 63 Other private services, net.................................... 64 U.S. parents’ receipts (table 1, part of line 10)...... U.S. parents’ payments (table 1, part of line 27)... 65 See the footnotes on pages 52-53. 68 100 68 -95,725 -83,740 -56,578 -62,554 -61,830 -88,740 -57,172 -106,044 -88,498 -82,027 -47,552 -80,519 -17,086 -18,433 -9,656 -6,626 -8,347 -24,938 -12,961 -9,003 -17,101 -16,580 -9,212 -8,907 -11,292 -7,061 -7,604 -5,000 -11,332 -2,897 -6,322 -5,835 -11,793 -6,702 -7,488 -4,973 -21,952 -7,038 1,286 -13,119 -10,542 -16,711 -12,049 -13,777 -21,265 -4,860 2,521 -17,218 -87,969 -81,416 -17,777 -44,019 -9,292 -4,871 -14,252 -14,081 -3,763 -1,042 -58 - 2,101 -24,733 -33,123 -30,192 -20,248 -13,358 -35,963 -13,298 -52,641 -19,104 -34,168 -24,911 -30,112 -20,662 -18,086 -10,413 -17,562 -18,251 -8,231 -12,543 -24,789 -19,235 -19,716 -8,463 -19,309 2,718 -28,890 - 22,011 -8,633 -12,665 -38,107 2,718 -28,890 - 22,011 -8,633 -12,665 -38,107 -17,777 -44,019 6,582 -1,529 -2,496 -1,243 -4,025 -1,540 6,582 -1,529 -2,496 -1,243 -4,025 -4,871 -14,252 -1,540 -742 334 35 -669 -355 -742 334 35 -669 -1,250 -355 -58 - 2,101 -1,250 -33,827 -29,073 -7,388 -16,968 -7,225 -36,358 -21,667 60 -20,342 - 2,002 -17,134 -3,459 6,435 11,130 -28,353 1,603 -4,519 Reinvested earnings without current-cost adjustment (line 5 with sign reversed)............... -243,827 -226,957 -60,493 -63,042 -48,515 -49,001 -11,261 -13,883 Manufacturing............................................... Wholesale trade............................................. -22,168 -23,999 -5,123 -5,295 Finance (including depository institutions) and insurance.................................................. -22,531 -9,511 -4,987 -6,673 Holding companies, except bank holding companies................................................ -98,232 -88,300 -27,066 -25,095 Other............................................................ -52,380 -56,146 -12,055 -12,097 Intercompany debt.............................................. Manufacturing............................................... Wholesale trade............................................. Finance (including depository institutions) and insurance 2................................................ Holding companies, except bank holding companies................................................ Other............................................................ 100 -2,246 -10,395 -2,386 -6,960 128 -3,431 -3,167 883 -19,688 -8,916 -3,423 -6,934 -6,792 -7,388 -16,968 -7,225 - 2,002 -17,134 -3,459 6,435 11,130 -28,353 1,603 -4,519 -2,246 -10,395 -2,386 -6,960 128 -3,431 -3,167 883 -19,688 -8,916 -3,423 -6,934 -6,792 -71,144 -49,148 -62,905 -66,408 -65,916 -31,728 -53,845 -60,435 -62,172 -67,375 -55,678 -64,694 -56,890 -49,693 -13,013 -10,358 -14,615 -14,828 -13,021 -6,536 -10,900 -12,162 -12,433 -13,020 -14,630 -12,976 -12,578 -8,817 -5,866 -5,885 -6,263 -7,242 -5,061 -5,432 -5,351 -4,699 -5,717 -6,400 -6,765 -6,884 -4,945 -5,406 -7,776 -3,094 -6,290 -1,177 -4,694 2,650 -3,899 -5,365 -6,422 -6,845 -5,603 1,000 -3,460 -1,449 -29,782 -16,289 -22,986 -26,596 -26,947 -11,772 -23,965 -24,344 -25,190 -24,733 -17,357 -27,641 - 21,666 -21,636 -14,707 -13,522 -12,750 -16,565 -16,193 -10,638 -9,730 -13,865 -12,409 -16,377 -11,323 -18,194 -14,243 -12,385 -9,779 -10,809 -2,564 -942 920 -4,287 -8,700 -1,108 -152 22,003 4,608 -2,578 7,282 3,935 9,792 7,424 -5,923 15,713 1,475 3,903 2,282 1,101 1,598 -4,687 -5,266 -5,988 5,098 3,919 744 5,622 5,514 -801 762 -1,737 445 -3,893 639 -953 -3,096 1,645 5,671 9,203 -1,542 -132 12,610 -5,063 11,603 12,157 -553 12,465 12,993 -528 13,717 14,354 -636 14,708 15,223 -515 13,225 13,771 -546 13,928 14,502 -574 13,236 13,907 -671 14,017 14,594 -577 2,569 10,843 -8,273 3,649 12,453 -8,804 3,212 3,262 12,515 13,428 -9,302 -10,166 2,191 2,510 2,043 3,432 12,532 13,076 13,158 13,458 -9,100 -10,885 -10,649 -11,416 18,008 7,347 -454 9,776 6,493 -5,916 9,792 7,424 -5,923 15,713 1,475 3,903 2,282 3,278 -2,238 744 5,622 19,331 -11,494 1,672 9,765 12,610 -5,063 52,494 54,726 -2,233 54,406 56,774 -2,369 12,693 10,175 49,238 52,225 -36,545 -42,050 1,012 646 -9,779 -10,809 -2,564 -942 920 -4,287 -8,700 -1,108 -152 22,003 4,608 -2,578 7,282 3,935 1,598 -4,687 -5,266 -5,988 5,098 3,919 5,514 -801 762 -1,737 445 -3,893 639 -953 -3,096 1,645 5,671 9,203 -1,542 -132 11,953 12,506 -553 12,552 13,080 -528 13,901 14,537 -636 14,088 14,603 -515 13,682 14,228 -546 14,002 14,577 -574 13,354 14,026 -671 13,368 13,944 -577 2,506 11,226 -8,720 3,376 12,232 -8,856 3,268 12,804 -9,536 3,543 12,976 -9,434 2,517 3,369 1,770 2,519 12,969 12,720 13,409 13,126 -9,601 -10,950 -10,890 -10,609 1,012 646 1,101 April 2009 39 S u r v ey o f C u rren t B usiness Table 7. Direct Investment: Income, Capital, Royalties and License Fees, and Other Private Services—Table Ends [Millions of dollars] Not seasonally adjusted Line (Credits +; debits -) 2007 2008<> Seasonally adjusted 2007 I II 2007 2008 III IV I II III ' IV p I II 2008 III IV I r II' IIIr IV p Foreign direct investment in the United States: 66 Income (table 1, line 31)....................................... -134,414 -103,381 -32,097 -41,982 -34,800 -25,536 -25,884 -38,122 -30,960 71 -8,416 -33,128 -40,620 Earnings.......................................................... -109,784 -78,460 -26,866 -36,220 -28,549 -18,149 -19,320 -32,947 -24,819 -1,373 -27,897 -34,858 Distributed earnings...................................... -41,256 -36,230 -7,819 -6,591 -7,932 -18,914 -11,047 -8,230 -6,473 -10,480 -8,742 -7,837 Reinvested earnings...................................... 764 -8,274 -24,717 -18,346 9,107 -19,155 -27,021 -68,528 -42,230 -19,047 -29,628 -20,618 Reinvested earnings without current-cost adjustment............................................ -63,825 -37,924 -17,841 -28,442 -19,451 1,908 -7,176 -23,637 -17,279 10,168 -17,949 -25,835 Current-cost adjustment............................. -4,703 -4,306 -1,206 -1,186 -1,167 -1,144 -1,098 -1,080 -1,067 -1,061 -1,206 -1,186 72 73 74 Interest............................................................. U.S. affiliates’ payments................................. U.S. affiliates’ receipts................................... 67 68 69 70 -24,630 -24,921 -31,033 -32,045 6,403 7,123 -5,231 -6,348 1,117 -5,762 -7,371 1,609 -6,250 -7,937 1,686 -7,387 -9,377 1,990 -6,563 -8,526 1,963 -5,175 -6,983 1,809 -6,141 -8,013 1,872 75 Income without current-cost adjustment.................. -129,711 -99,075 -30,891 -40,796 -33,633 -24,392 -24,786 -37,042 -29,893 Manufacturing............................................... 76 -60,890 -39,389 -12,846 -17,028 -12,710 -18,305 -8,867 -13,559 -12,761 77 Wholesale trade............................................ -23,773 -20,197 -5,557 -7,776 -5,868 -4,571 -6,043 -5,046 -6,497 Finance (including depository institutions) and 78 insurance................................................. -6,411 -3,324 -4,010 -4,746 -4,960 7,305 -796 -8,323 - 1,112 79 Other........................................................... -38,638 -36,165 -8,478 -11,245 -10,094 -8,821 -9,079 -10,114 -9,522 80 81 82 83 84 85 86 87 88 89 Earnings without current-cost adjustment (line 67 less line 71).................................................. -105,081 -74,154 -25,660 -35,034 -27,382 -17,005 -18,222 -31,867 -23,752 Manufacturing............................................... -49,069 -29,355 -10,115 -14,264 -9,782 -14,909 -6,242 -11,386 -10,224 Wholesale trade............................................ - 22,686 -19,054 -5,353 -7,494 -5,548 -4,291 -5,811 -4,857 -6,130 Finance (including depository institutions) and insurance................................................. -4,475 -1,161 -3,448 -4,290 -4,455 7,718 -253 -7,827 -560 Other........................................................... -28,851 -24,583 -6,744 -8,986 -7,598 -5,524 -5,916 -7,797 -6,839 Interest............................................................. Manufacturing............................................... Wholesale trade............................................ Finance (including depository institutions) and insurance 1 ............................................... Other........................................................... 90 Capital (table 1, line 64)....................................... 91 Equity capital.................................................... 92 Increases in equity capital.............................. 93 Decreases in equity capital............................ 94 Reinvested earnings (line 69 with sign reversed)... Intercompany debt............................................. 95 96 U.S. affiliates’ payables.................................. 97 U.S. affiliates’ receivables............................... 113 114 115 116 117 -6,141 -8,013 1,872 -7,043 -8,523 1,480 -7,355 -31,922 -39,434 -34,076 -24,280 -25,922 -35,602 -30,568 -4,201 -13,877 -15,666 -13,153 -18,193 -10,004 -12,119 -13,436 -2,610 -5,557 -7,776 -5,868 -4,571 -6,043 -5,046 -6,497 -6,984 -3,830 -2,610 - 1,112 -9,522 6,907 -7,451 -312 -26,691 -33,672 -27,825 -16,893 -19,359 -30,427 -24,427 -1,502 -11,146 -12,902 -10,225 -14,797 -7,379 -9,946 -10,899 -2,257 -5,353 -7,494 -5,548 -4,291 -5,811 -4,857 -6,130 59 -1,131 -2,257 6,907 -7,451 1,686 -4,010 -4,746 -4,960 -8,478 -11,245 -10,094 7,305 -8,821 -5,175 -6,983 1,809 -796 -8,323 -9,079 -10,114 7,478 -4,031 -3,448 -6,744 -4,290 -8,986 -4,455 -7,598 7,718 -5,524 -253 -5,916 -7,827 -7,797 -560 -6,839 7,478 -4,031 -7,043 -2,699 -353 -5,231 -2,731 -204 -5,762 -2,764 -282 -6,250 -2,929 -321 -7,387 -3,397 -280 -6,563 -2,625 -233 -5,175 -2,173 -190 -6,141 -2,537 -367 -7,043 -2,699 -353 -1,936 -2,163 -9,787 -11,582 -561 -1,734 -457 -2,259 -505 -2,496 -413 -3,297 -544 -3,162 -496 -2,316 -553 -2,684 -571 -3,420 -561 -1,734 -457 -2,259 -505 -2,496 -413 -3,297 -544 -3,162 -496 -2,316 -553 -2,684 -571 -3,420 237,542 147,432 213,206 -65,774 68,528 21,581 79,418 -57,837 325,254 13,917 64,470 106,648 52,506 233,583 17,608 36,662 69,018 24,144 265,459 30,518 46,728 72,585 63,376 -31,875 -12,910 -10,066 -3,567 -39,231 -764 42,230 19,047 29,628 20,618 49,441 -22,738 -1,821 17,013 29,126 52,027 21,337 -1,377 23,330 36,128 -2,585 -44,075 -444 -6,317 -7,002 69,018 22,084 893 Intercompany debt............................................. Manufacturing............................................... Wholesale trade............................................ Finance (including depository institutions) and insurance 2............................................... Other........................................................... -6,563 -8,526 1,963 -5,762 -7,371 1,609 -6,141 -2,537 -367 36,662 16,123 2,509 112 -7,387 -9,377 1,990 -5,231 -6,348 1,117 -5,175 -2,173 -190 17,608 7,744 448 109 -6,250 -7,937 -7,043 -8,523 1,480 -6,563 -2,625 -233 147,432 233,583 75,630 94,809 5,850 23,009 110 111 8,492 -1,061 -7,387 -3,397 -280 103 104 105 106 Reinvested earnings without current-cost adjustment (line 70 with sign reversed)............ Manufacturing............................................... Wholesale trade............................................ Finance (including depository institutions) and insurance ................................................. Other........................................................... -7,882 -21,215 -17,319 -1,098 -1,080 -1,067 -6,250 -2,929 -321 16,821 24,595 108 -1,332 -1,144 -5,762 -2,764 -282 -4,715 92,111 -19,067 101,127 102,231 13,739 107 -18,710 -1,167 -5,231 -2,731 -204 232,839 320,948 108,113 75,033 28,314 51,573 Equity capital.................................................... Manufacturing............................................... Wholesale trade............................................ Finance (including depository institutions) and insurance................................................. Other........................................................... -8,045 - 1,002 -8,433 7,431 -24,630 -24,921 -11,821 -10,034 -1,087 -1,143 98 Capital without current-cost adjustment................... 99 Manufacturing............................................... Wholesale trade............................................ Finance (including depository institutions) and insurance ................................................. 102 Other........................................................... 100 101 -35,243 -25,424 -27,020 -36,682 -31,635 -28,992 -18,037 -20,457 -31,507 -25,494 -9,115 -15,562 -11,476 -9,212 -7,108 -19,877 -2,476 -8,980 -22,295 -18,386 12,711 11,756 6,283 63,284 105,481 14,272 43,089 7,597 13,702 18,513 47 438 80,269 35,497 2,118 7,298 8,589 9,441 63,825 26,448 21,252 37,924 13,424 16,742 17,841 6,385 5,263 28,442 12,056 6,724 -4,943 21,069 -7,139 14,897 1,458 4,734 1,946 7,715 21,581 49,441 -22,738 -1,821 6,035 -33,200 -2,374 -13,907 1,213 11,823 572 -1,637 -18,286 32,620 18,981 -22,643 51,837 1,707 51,362 38,995 732 80,819 108,215 57,274 78,946 14,026 61,862 105,908 55,746 45,689 42,408 50,270 95,216 17,608 36,662 69,018 24,144 54,316 49,799 58,028 103,315 30,518 46,728 72,585 63,376 -8,628 -7,391 -7,758 -8,098 -12,910 -10,066 -3,567 -39,231 8,274 24,717 18,346 -9,107 19,155 27,021 19,877 2,476 26,856 41,090 -11,342 -7,163 -22,738 -1,821 17,013 29,126 23,537 51,563 -13,331 -9,743 21,337 -1,377 23,330 36,128 2,580 -44,075 -444 -6,317 -7,002 3,319 -10,473 1,989 60,676 104,741 12,910 43,533 7,597 13,702 80,427 104,713 18,465 31,255 16,539 26,200 56,246 -997 15,629 79,561 26,310 -6,795 18,158 -19,552 29,348 34,538 20,921 24,502 26,940 20,318 26,946 14,668 17,304 42,742 24,144 29,679 2,000 45,689 9,474 721 42,408 13,414 10,512 50,270 10,537 8,352 95,216 61,385 3,424 18,896 -11,089 27,145 3,555 23,044 12,451 15,095 3,387 21,756 9,625 20,374 10,034 1,332 2,614 3,944 7,882 5,178 5,585 21,215 4,985 4,452 17,319 7,567 5,579 -8,492 -4,306 1,125 1,965 5,702 -9,237 4,010 -4,248 1,366 5,800 5,978 -413 4,586 -8,278 2,967 79,721 107,135 17,329 32,695 16,539 26,200 56,207 -1,672 15,629 77,885 26,681 -6,795 19,057 -21,526 29,633 33,161 21,405 24,449 27,189 21,051 27,276 14,974 16,243 -19,782 41,757 13,532 16,460 23,709 24,144 29,679 2,000 45,689 9,474 721 42,408 13,414 10,512 50,270 10,537 8,352 95,216 61,385 3,424 17,608 7,744 448 36,662 16,123 2,509 69,018 22,084 893 18,896 -11,089 27,145 3,555 23,044 12,451 15,095 3,387 21,756 9,625 20,374 10,034 2,118 7,298 8,589 9,441 -1,908 2,726 3,944 7,176 4,042 5,585 23,637 6,425 4,452 17,279 -10,168 6,892 -3,935 5,579 1,125 17,949 7,416 5,263 25,835 10,695 6,724 18,710 5,723 5,320 2,864 - 11,212 5,987 2,633 -3,764 1,313 6,049 6,711 -9,340 1,981 743 4,527 1,586 6,830 19,451 5,280 5,320 -83 4,892 12,820 12,786 6,283 54,602 38,883 732 81,525 105,793 57,313 80,622 45,689 42,408 50,270 95,216 54,316 49,799 58,028 103,315 -8,628 -7,391 -7,758 -8,098 8,980 22,295 18,386 -7,431 26,856 41,090 -11,342 -7,163 23,537 51,563 -13,331 -9,743 3,319 -10,473 1,989 2,580 17,013 15,726 7,489 29,126 6,590 -5,212 26,856 3,814 10,232 41,090 -11,342 -7,163 -22,738 -1,821 12,856 -19,101 -30,769 -2,374 -13,907 11,236 1,698 -11,344 572 -1,637 17,013 15,726 7,489 29,126 6,590 -5,212 26,856 3,814 10,232 41,090 -11,342 -7,163 12,856 -19,101 -30,769 11,236 1,698 -11,344 6,285 7,438 -2,703 -3,499 775 26,973 2,125 10,685 6,045 10,953 5,603 458 5,208 -22,643 29,742 1,707 6,285 7,438 -2,703 -3,499 775 26,973 2,125 10,685 6,045 10,953 5,603 458 5,208 29,742 118 Royalties and license fees, net............................ U.S. affiliates’ payments (table 1, part of line 26) ... 119 120 U.S. affiliates’ receipts (table 1, part of line 9)...... -13,265 -13,438 -17,420 -17,474 4,154 4,037 -3,437 -4,499 1,062 -3,251 -4,168 918 -2,894 -4,017 1,123 -3,684 -4,736 1,052 -3,544 -4,459 914 -3,322 -4,338 1,016 -2,988 -4,034 1,046 -3,583 -4,643 1,060 -3,694 -4,756 1,062 -3,499 -4,416 918 -3,044 -4,167 1,123 -3,029 -4,081 1,052 -3,753 -4,667 914 -3,570 -4,586 1,016 -3,165 -4,211 1,046 -2,949 -4,009 1,060 121 Other private services, net.................................. 122 U.S. affiliates' payments (table 1, part of line 27) ... 3,534 6,249 -20,518 -18,408 24,052 24,657 875 -4,927 5,802 785 -5,327 579 -5,046 5,626 1,294 -5,218 6,512 1,055 -4,445 5,500 1,621 -4,595 6,216 1,119 -4,715 5,834 2,454 -4,653 7,107 1,058 -4,927 5,985 813 -5,327 6,140 984 -5,046 6,031 679 -5,218 5,897 1,310 -4,445 5,755 1,784 -4,595 6,379 1,540 -4,715 6,255 1,615 -4,653 6,268 123 U.S. affiliates’ receipts (table 1, part of line 10) ,. See the footnotes on pages 52-53. 6,112 40 U.S. International Transactions April 2009 Table 8. Transactions in Long-Term Securities [Millions of dollars] Not Line (Credits +; debits -) 2007 2008 p 2007 I A1 Foreign securities, net purchases (-) or net sales (+) by U.S. residents (table 1, line 52 or lines 4 + 18 below)..... -288,731 90,951 -99,541 2 Stocks, gross purchases by U.S. residents 5,334,954 5,426,796 1,150,926 Stocks, gross sales by U.S. residents.... 3 5,216,931 5,433,090 1,107,188 4 Stocks, net purchases by U.S. residents -118,023 6,294 -43,738 5 New issues in the United States ’ n.a. n.a. n.a. Transactions in outstanding stocks, net............................................................................................................ 6 n.a. n.a. n.a. Net purchases by U.S. residents, by area: 7 Europe...................................................................................................................................................... -82,450 11,599 -37,572 Of which: United Kingdom....................................................................................................................... -71,384 8 -8,405 -26,825 9 Canada..................................................................................................................................................... -7,943 -2,705 -1,555 -6,817 10 Caribbean financial centers 2 ...................................................................................................................... -48,586 1,369 11 -11,314 -4,967 Latin America, excluding Caribbean financial centers.................................................................................... 1,766 -4,826 12 Asia........... 53,598 -4,782 Of which: Japan 13 -1,529 21,749 -2,557 14 Africa........................................................................................................................................................ -1,917 121 -1,876 Other......... -2,756 15 -769 -3,085 16 Bonds, gross purchases by U.S. residents............................................................................................................ 3,143,328 2,179,183 782,609 17 Bonds, gross sales by U.S. residents 2,972,620 2,263,840 726,806 Bonds, net purchases by U.S. residents -170,708 84,657 -55,803 18 19 New issues in the United States 1 n.a. n.a. n.a. Transactions in outstanding bonds, net............................................................................................................. n.a. n.a. n.a. 20 Net purchases by U.S. residents, by area: 21 Europe...................................................................................................................................................... -149,520 46,279 -44,245 22 Of which: United Kingdom....................................................................................................................... -92,500 1,831 -24,420 Canada..................................................................................................................................................... -4,818 4,981 -1,816 23 24 Caribbean financial centers2 ...................................................................................................................... -46,200 -1,646 -16,483 3,362 25 Latin America, excluding Canbbean financial centers.................................................................................... 26,329 -8 31,370 Asia.................................. 26,153 7,975 26 5,587 -3,411 27 Of which: Japan............. -1,223 Africa............................... 28 3,011 3,653 25 Other........................................................................................................................................................ 29 -7,913 -21,092 -1,251 B1 U.S. securities, excluding transactions in U.S. Treasury securities and transactions of foreign official agencies, net purchases (+) or net sales (-) by foreign residents (table 1, line 66 or lines 4 + 16 + 30 below)................... 573,850 -123,568 183,507 2 Stocks, gross purchases by foreign residents....................................................................................................... 10,600,970 11,946,032 2,132,802 3 Stocks, gross sales by foreign residents............................................................................................................... 10,418,560 11,939,169 2,090,408 4 182,410 42,394 Stocks, net purchases by foreign residents..................................................................................................... 6,863 Net purchases by foreign residents, by area: 5 Europe...................................................................................................................................................... 90,791 2,906 25,333 Of which: United Kingdom....................................................................................................................... 67,854 27,045 6 20,213 7 Canada..................................................................................................................................................... 9,780 6,712 -1,163 47,124 17,119 8 Caribbean financial centers 2 -45,901 Latin America, excluding Caribbean financial centers.................................................................................... 1,156 3,696 444 9 43,941 Asia.......................................................................................................................................................... 27,855 -709 10 11 Of which: Japan.. -5,571 20,655 -531 -3,891 Africa................... -355 -4,687 -133 12 Other.................... 13 6,059 196 1,503 1,840,549 1,407,402 498,803 14 Corporate bonds, gross purchases by foreign residents........................................................................................ Corporate bonds, gross sales by foreign residents................................................................................................ 1,468,462 1,406,784 326,953 15 Corporate bonds, net purchases by foreign residents...................................................................................... 372,087 618 171,850 16 17 n.a. New issues sold abroad by U.S. corporations 1................................................................................................. n.a. n.a. Transactions in outstanding bonds, net n.a. n.a. n.a. 18 Net purchases by foreign residents, by area: 19 Europe................ ” ....................' .............................................................................................................. 215,411 -62,809 121,615 Of which: United Kingdom....................................................................................................................... -38,289 65,401 20 128,869 21 Canada..................................................................................................................................................... 12,412 7,036 5,258 22,188 Caribbean financial centers 2 ...................................................................................................................... 61,915 27,730 22 807 Latin America, excluding Caribbean financial centers.................................................................................... 4,696 1,718 23 32,253 13,267 24 Asia.................................. 71,799 38,552 21,615 2,785 Of which: Japan............. 25 26 Africa............................... -401 -438 -3 670 27 Other................................ 6,255 3,176 Federally sponsored agency bonds, gross purchases by foreign residents.............................................................. 1,693,220 2,261,517 374,193 28 29 Federally sponsored agency bonds, gross sales by foreign residents..................................................................... 1,673,867 2,392,566 404,930 Federally sponsored agency bonds, net purchases by foreign residents......................................................... 19,353 -131,049 -30,737 30 n.a. n.a. 31 New issues sold abroad by federally sponsored agencies 1............................................................................... n.a. n.a. Transactions in outstanding bonds, net............................................................................................................. n.a. n.a. 32 Net purchases by foreign residents, by area: Europe ...................................................................................................................................................... 18,560 -17,876 33 53,428 34 Of which: United Kingdom....................................................................................................................... 72,621 61,089 -12,571 35 Canada 3,337 4,850 1,655 36 Caribbean financial centers 2 ...................................................................................................................... -87,880 -5,446 -16,901 37 1,322 Latin America, excluding Caribbean financial centers.................................................................................... 3,285 689 -66,717 -24,227 -9,798 38 Asia Of which: Japan..................................................................................................................................... -24,792 -8,312 39 -9,305 Africa -1,351 40 -83 43 167 41 Other........................................................................................................................................................ 514 -4 C1 U.S. Treasury bonds and notes, excluding transactions of foreign official agencies, net purchases (+) or net sales (-) by foreign residents (table 1, part of line 65)....................................................................................... 125,534 38,412 127,958 2 U.S. Treasury bonds and notes, gross purchases by foreign residents.................................................................... 14,349,195 13,659,772 3,291,540 3 U.S. Treasury bonds and notes, gross sales by foreign residents............................................................................ 14,221,237 13,534,238 3,253,128 Net purchases by foreign residents, by area: 4 129,317 25,498 31,092 Europe.......................................................................................................................................................... -3,147 -5,738 5 Canada ......................................................................................................................................................... 3,268 6 Caribbean financial centers 2.......................................................................................................................... 2,372 26,253 6,881 7 Latin America, excluding Caribbean financial centers........................................................................................ 4,003 3,697 18,646 72,706 -6,749 8 Asia.......................... -19,626 9 Africa........................ 1,501 7,050 -430 Other........................ -4,238 653 10 -1,105 1 2 3 4 Memoranda: Net purchases of marketable long-term U.S. securities by foreign official agencies included elsewhere in the international transactions accounts, net purchases (+) or net sales (-) (lines in table 5): U.S. Treasury marketable bonds and notes (line B4)............................................................................................. Other U.S. government securities (line B6) ........................................................................................................... U.S. corporate and other bonds (part of line B16) U.S. stocks (part of line B16)................. See the footnotes on pages 52-53. 39,133 171,465 51,584 15,107 167.651 65,846 34,978 23,362 18,042 81,303 10,782 153 II 2008 III IV I II III ' IV p -84,671 -100,317 -4,202 -35,066 -33,576 82,615 76,978 1,278,627 1,415,030 1,490,371 1,481,084 1,521,861 1,457,653 966,198 1,251,880 1,358,168 1,499,695 1,454,234 1,500,509 1,472,465 1,005,882 -26,747 -56,862 9,324 -26,850 -21,352 14,812 39,684 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. -28,709 -28,161 -2,490 14,872 -536 -9,238 -4,584 -280 -366 887,380 829,456 -57,924 n.a. n.a. -11,264 -7,996 -1,420 -33,655 -7,095 -2,609 -479 -1,103 284 816,252 772,797 -43,455 n.a. n.a. -4,905 -8,402 -2,478 10,597 -5,449 11,803 6,091 -655 411 657,087 643,561 -13,526 n.a. n.a. -14,524 -12,442 -4,166 -12,621 -226 3,672 -35 -171 1,186 762,102 753,886 -8,216 n.a. n.a. -11,431 -16,324 -6,216 -5,902 440 5,939 2,523 -1,911 -2,271 -43,218 -18,190 -870 -14,030 - 6,022 9,883 -783 151 -3,818 -56,915 -45,209 543 917 4,493 6,764 3,171 536 207 -5,142 -4,681 -2,675 -16,604 4,899 6,748 4,422 2,299 -3,051 -17,731 -9,237 5,444 -3,455 13,846 10,386 3,078 458 -17,164 14,465 8,728 4,386 -23,438 -4,529 24,616 10,244 575,813 563,589 -12,224 n.a. n.a. -620 475,060 542,863 67,803 n.a. n.a. 23,089 11,633 3,291 -6,625 -652 19,371 9,017 274 936 366,208 403,502 37,294 n.a. n.a. -11,719 -10,533 -4,821 -3,283 1,063 16,055 -117 991 -10,510 52,320 7,079 1,061 745 4,882 1,034 -2,619 1,841 5,920 23,409 14,522 3,297 4,347 6,538 -1,322 -3,753 363 662 -68 310,340 -30,486 110,489 -20,475 17,068 -91,398 -28,763 2,446,848 2,992,423 3,028,897 3,390,980 3,014,693 3,334,762 2,205,597 2,342,369 3,013,100 2,972,683 3,382,704 3,015,375 3,331,852 2,209,238 56,214 104,479 -20,677 8,276 -682 -3,641 2,910 53,950 37,172 -58 2,756 525,437 355,864 169,573 n.a. n.a. 146 412,699 419,951 -7,252 n.a. n.a. 403,610 365,694 37,916 n.a. n.a. -632 -8,531 1,701 -11,606 1,533 19,429 4,726 -2,591 442 386,016 396,745 -10,729 n.a. n.a. 127,133 75,794 3,266 18,784 1,470 16,156 6,303 -147 2,911 404,385 368,097 36,288 n.a. n.a. -26,726 -15,133 2,951 -2,564 1,477 17,461 11,788 -173 322 432,515 435,072 -2,557 n.a. n.a. -6,611 2,807 937 17,965 942 24,915 17,676 -78 -154 482,127 465,768 16,359 n.a. n.a. -25,731 -18,178 1,341 -117 1,636 12,038 9,211 -84 188 772,591 790,613 -18,022 n.a. n.a. 2,417 - 1,866 3,224 27,627 -171 16,382 9,383 -32 1,103 620,433 653,233 -32,800 n.a. n.a. -31,574 -12,087 262 -7,408 288 4,737 4,447 -271 -1,512 458,624 517,454 -58,830 n.a. n.a. -7,921 -6,158 2,209 2,086 -35 -904 -1,426 -51 891 409,869 431,266 -21,397 n.a. n.a. 20,646 21,722 1,045 -2,089 1,193 15,550 8,256 -26 -31 21,069 27,682 29,589 35,788 -384 4,895 45 -18,485 -1,637 -76 775 22,969 18,040 4,304 -32,620 85 -13,821 4,725 17 1,044 -5,972 9,872 3,635 -19,283 893 -12,048 -3,168 -28,963 -9,598 -2,328 511 432 -27,691 -19,829 -474 -317 30,526 42,775 -761 -36,488 1,121 40,463 586 5,661 -17,363 -12,926 2,924 -12,843 144 6,335 -1,293 -20 1,021 -14,261 1,358 -11,494 -7,612 -24 -226 28,871 23,395 6,898 2,385 -18 16,568 144 -144 1,654 3,082 13,295 3,904 -22,432 820 12,551 1,786 -289 1,682 453,137 402,587 50,550 n.a. n.a. 5,670 18,288 677 2,953 2,209 -6,382 1,592 -1,832 -385 266,649 302,127 -35,478 n.a. n.a. -5,214 3,993 430 -14,816 -100 75 -866 18,343 12,551 25 -1,543 301,600 305,325 -3,725 n.a. n.a. -88 -13,157 -6,520 -794 -635 -836 51,915 38,467 15,403 69,184 12,036 28,911 3,400,999 4,013,569 3,643,087 4,161,209 3,510,382 3,675,071 2,313,110 3,401,835 3,961,654 3,604,620 4,145,806 3,441,198 3,663,035 2,284,199 -32,892 1,491 10,497 814 237 18,797 67,733 -7,256 11,570 4,613 -24,114 190 -821 11,695 621 16,813 8,845 740 927 -1,174 -8,019 2,471 -23,538 6,299 36,924 1,837 -571 43,403 6,922 12,784 1,872 2,531 2,243 -571 -7,992 -6,680 25,300 465 1,223 369 -649 -1,894 -8,451 11,707 -4,633 32,028 2,601 -2,447 39,741 60,031 10,965 329 -43,183 18,022 9,184 1,287 24,533 12,109 20,653 13,338 82,404 79,234 12,407 18,528 33,303 93,145 20,720 999 67,128 -10,559 -1,488 -298 -15,184 -95,974 3,339 4,133 220 April 2 0 0 9 S u r v ey o f C u rren t B usiness 41 Table 9. Claims on and Liabilities to Unaffiliated Foreigners Reported by U.S. Nonbanking Concerns Except Securities Brokers 1 [Millions of dollars] Not seasonally adjusted Line (Credits +; decrease in U.S. assets or increase in U.S. liabilities. Debits -; increase in U.S. assets or decrease in U.S. liabilities.) 2007 2007 2008 p I A1 Claims, total (table 1, line 53)............................................................................................ 2 3 4 5 6 / 8 9 10 II Amounts outstanding Dec. 31, 2008 2008 III IV II I III r IV p -706 283,765 -46,048 -134,713 80,012 100,043 81,848 49,324 89,523 63,070 , 1,054,978 Financial claims............................................................................................................. Denominated in U.S. dollars..................................................................................... Denominated in foreign currencies.......................................................................... 9,620 34,959 -25,339 278,153 284,443 -6,290 -45,302 -26,162 -19,140 -129,507 -109,428 -20,079 80,119 73,658 6,461 104,310 96,891 7,419 80,581 97,728 -17,147 53,481 53,482 85,004 81,563 3,441 59,087 51,670 7,417 1,010,526 822,851 187,675 By instrument: 2 Resale agreements.................................................................................................. Negotiable certificates of deposit............................................................................. Other short-term instruments (including money market instruments)....................... Deposits.................................................................................................................. Other claims............................................................................................................ Of which: Financial intermediaries’ accounts 3.................................................... 5,626 -16 1,528 -88,141 90,623 96,873 2,928 -17 -174 258,254 17,162 17,705 -4,750 9 2,157 -40,978 -1,740 3,641 4,013 -14 -1,625 -70,201 -61,680 -58,072 1,591 4,772 -17 118 49,288 50,149 48,624 2,043 3 -336 77,603 1,268 2,293 1,612 -9 -24 40,671 11,231 7,340 1,199 -1,926 -12 1 878 -26,250 103,894 102,680 446 34,584 48,787 48,703 -260 105,396 -44,124 -40,631 7,622 48 1,150 611,827 389,879 344,483 -39,235 232,004 -41,202 -37,219 29,152 10,034 37,435 48,782 119,819 25,968 745,726 -29,659 12,029 50,291 -1,436 248,121 -18,168 39,288 6,861 -22,345 6,169 -3,739 -361 -50,259 -1,079 -88,656 -3,632 44,371 1,743 49,599 1,368 -1,426 5,196 93,087 1,189 46,601 872 33,081 10,065 61,891 -4,344 6,238 -1,539 59,451 4,883 -36,052 1,237 80,178 -19,579 36,021 -2,902 358,783 60,000 221,240 43,560 6 -1 13 14 15 By area: Europe..................................................................................................................... Of which:...... United Kingdom Germany... Caribbean financial centers4 Other........................................................................................................................ 16 17 18 Commercial claims......................................................................................................... Denominated in U.S. dollars..................................................................................... Denominated in foreign currencies.......................................................................... -10,326 -9,838 -488 5,612 3,222 2,390 -746 -1,129 383 -5,206 -5,355 149 -107 -492 385 -4,267 -2,862 -1,405 1,267 158 1,109 -4,157 -5,081 924 4,519 3,350 1,169 3,983 4,795 -812 44,452 40,640 3,812 19 By instrument: Trade receivables..................................................................................................... Advance payments and other claims....................................................................... -8,347 -1,979 8,490 -2,878 -440 -306 - 2,668 -2,538 -389 282 -4,850 583 2,094 -827 -4,284 127 3,324 1,195 7,356 -3,373 34,809 9,643 By area: Europe..................................................................................................................... Canada.. Asia...... Other.... -2,451 -1,779 -4,312 -1,784 1,679 1,623 1,528 782 -733 554 167 -734 -1,896 -1,253 -1,639 -418 324 529 -471 -489 -146 -1,609 -2,369 -143 -78 619 -496 -2,050 -243 -302 -1,562 3,329 402 -541 1,329 478 845 1,149 1,511 16,138 3,768 14,077 10,469 B1 Liabilities, total (table 1, line 68) ....................................................................................... 156,290 -29,323 90,061 122,476 55,599 -111,846 84,085 -54,350 71,053 -130,111 916,015 Financial liabilities........................................................................................................ Denominated in U.S. dollars..................................................................................... Denominated in foreign currencies.......................................................................... 141,184 89,749 51,435 -25,410 52,477 -77,887 87,949 78,162 9,787 111,324 95,364 15,960 51,786 -109,875 42,583 -126,360 9,203 16,485 74,823 72,413 2,410 -57,511 -16,422 -41,089 72,174 -114,896 -26,290 22,776 -88,606 49,398 862,675 750,752 111,923 By instrument: 2 Repurchase agreements.......................................................................................... Short-term instruments............................................................................................ Other liabilities......................................................................................................... Of which: Financial intermediaries’ accounts 3.................................................... -11,557 -6,937 159,678 25,659 -3,627 -23 -21,760 3,991 2,430 -3,949 89,468 23,863 3,767 -953 108,510 397 -7,561 -10,193 215 -2,250 64,229 -102,529 -39,479 40,878 -2,738 2,540 75,021 13,924 -387 -1,318 -55,806 373 86 -588 -1,254 9 -113,728 72,753 -10,801 495 1,597 4,848 856,230 245,977 115,194 -17,674 89,259 73,052 51,108 -98,225 79,248 -48,853 63,770 -111,839 765,143 71,450 -739 23,516 2,474 -13,162 -3,379 -5,504 -2,232 63,391 -9,401 -1,480 170 65,860 9,419 35,807 2,465 -15,991 1,611 -454 1,132 -41,810 -2,368 -10,357 -1,293 52,951 9,223 -1,589 -2,836 -35,055 -13,123 -9,192 534 72,282 10,191 -2,282 -103,340 -9,670 -5,409 2,352 430,902 98,415 75,649 21,883 11 12 20 21 22 23 24 2 3 4 5 6 7 8 1,222 13 By area: Europe..................................................................................................................... Of which:............................................................................................................. United Kingdom Germany.. Caribbean financial centers 4 Other............... 14 15 16 Commercial liabilities Denominated in U S dollars Denominated in foreign currencies.......................................................................... 15,106 15,354 -248 -3,913 -3,511 -402 2,112 1,816 296 11,152 11,326 -174 3,813 4,529 -716 -1,971 -2,317 346 9,262 8,533 729 3,161 3,965 -804 - 1,121 -746 -375 -15,215 -15,263 48 53,340 50,466 2,874 17 18 By instrument: Trade payables........................................................................................................ Advance receipts and other liabilities....................................................................... 2,038 13,068 -7,962 4,049 1,480 632 1,017 10,135 1,020 2,793 -1,479 -492 4,556 4,706 5,489 -2,328 -4,284 3,163 -13,723 -1,492 20,146 33,194 By area: Europe..................................................................................................................... Canada.................................................................................................................... Asia......................................................................................................................... Other....................................................................................................................... 4,281 1,910 4,539 4,376 -1,142 -1,216 1,458 -3,013 792 417 3,103 602 5,266 2,181 153 -477 2,724 1,413 233 1,368 -3,440 -132 289 -285 7,053 2,205 2,162 480 -258 777 93 96 1,283 -2,593 -3,686 -1,507 -6,620 -3,402 14,767 4,468 25,252 8,853 9 10 11 12 19 20 21 22 See the footnotes on pages 52-53. -11 914 10,686 42 U.S. International Transactions April 2009 Table 10. Claims on Foreigners Reported by U.S. Banks and Securities Brokers 1 [Millions of dollars] Not seasonally adjusted (Credits +; decrease in U.S. assets. Debits -; increase in U.S. assets.) Line 2007 2007 2008 p I III ' -88,697 -115,926 -221,316 213,859 134,444 298,031 337,786 -222,213 -123,041 -56,992 -121,047 -233,462 155,257 81,210 334,781 2,595,065 3 Denominated in dollars........................................................................................................ -496,754 354,013 -222,320 - 111,686 -59,212 -103,536 -216,959 141,715 71,111 358,146 2,431,456 4 5 6 7 By instrument: 2 Resale agreements...................................................................................................... -136,054 Negotiable certificates of deposit................................................................................. 442 Other short-term instruments (including money market instruments)........................... -7,910 Deposits and brokerage balances................................................................................ -47,870 Other claims (including loans)...................................................................................... -305,362 304,570 5,505 4,770 -63,147 102,315 -75,037 -3,522 977 -64,938 -79,800 -54,991 513 -2,293 - 11,022 -43,893 -49,384 3,328 -2,151 76,673 -87,678 43,358 -51,199 123 3,730 -4,443 -515 -48,583 -146,073 -22,902 -93,991 75,324 -510 3,028 25,626 38,247 -4,682 354 -302 98,227 -22,486 285,127 1,931 2,559 -40,927 109,456 466,752 325 37,516 1,051,313 875,550 By foreign borrower: Claims on: Foreign banks.......................................................................................................... -394,250 -91,280 Foreign nonbanks, excluding foreign official institutions.......................................... Foreign official institutions 3 ..................................................................................... -11,224 121,896 -182,961 161,567 -44,952 70,550 5,593 -51,556 -56,657 -3,473 -61,176 -7,729 9,693 -98,557 -178,277 18,058 -44,914 -23,037 6,232 100,517 30,856 10,342 12,046 40,583 18,482 187,610 135,042 35,494 1,955,776 430,359 45,321 -21,555 -8,581 -8,119 -22,928 17,264 -1,646 -62,603 -2,038 -82,007 -26,249 49,616 5,904 -10,403 -103,894 9,011 4,246 689,341 145,084 10 11 12 13 By type of U.S. reporting institution: 4 U.S.-owned banks’ claims on: Foreign banks.......................................................................................................... Foreign nonbanks and foreign official institutions.................................................... -75,013 -146,688 -35,193 -7,088 IV I IV p II 425,018 -230,143 -209,985 9 III Amounts outstanding Dec. 31, 2008 1 Claims reported by U.S. banks and securities brokers, total (table 1, line 54)...................... -644,751 2 Claims for own accounts....................................................................................................... -523,293 8 II 2008 3,398,881 14 15 Foreign-owned banks’ claims on: Foreign banks.......................................................................................................... -226,817 Foreign nonbanks and foreign official institutions.................................................... -28,942 196,167 -107,574 -7,866 -10,272 -18,740 -2,501 -35,029 -9,048 -65,474 -7,121 -51,785 -8,096 14,244 8,140 87,944 -2,250 145,764 -5,660 1,059,490 115,720 16 17 Brokers’ and dealers’ claims on: Foreign banks.......................................................................................................... Foreign nonbanks and foreign official institutions.................................................... -92,420 -38,369 72,417 247,071 -53,832 -20,506 -24,697 -34,701 -43,411 12,658 29,520 4,180 -44,485 -4,337 36,657 27,154 -65,495 57,069 145,740 167,185 206,945 214,876 18 Denominated in foreign currencies....................................................................................... -26,539 -16,227 107 -11,355 2,220 -17,511 -16,503 13,542 10,099 -23,365 163,609 19 By instrument: 2 Deposits and brokerage balances................................................................................ Other claims (including loans)...................................................................................... -9,089 -17,450 -24,180 7,953 -4,008 4,115 -1,925 -9,430 1,039 1,181 -4,195 -13,316 -2,234 -14,269 476 13,066 1,594 8,505 -24,016 651 88,487 75,122 Claims for customers’ accounts........................................................................................... 20 21 22 23 24 25 26 27 -121,458 87,232 -7,930 -86,944 -31,705 5,121 12,146 58,602 53,234 -36,750 803,816 Denominated in dollars........................................................................................................ -118,139 84,481 4,700 -84,030 -36,611 -2,198 22,656 57,409 50,892 -46,476 748,488 By instrument: 2 Commercial paper 5..................................................................................................... 1,728 -1,295 Negotiable certificates of deposit................................................................................. -319 Other short-term instruments (including money market instruments) 6 ........................ Deposits and brokerage balances (including sweep accounts) 7.................................. -116,725 Other claims................................................................................................................. -1,528 10,811 38,072 13,723 19,254 2,621 6,071 19,591 -5,400 -13,897 -1,665 -6,462 -26,455 -31,885 -18,893 -335 6,074 -19,720 16,036 -30,173 -8,828 -3,955 25,289 20,930 -53,762 9,300 -17,972 -15,665 31,695 23,576 24,005 1,324 -5,330 31,292 -399 2,011 31,554 1,424 -81,848 383 119,909 140,978 55,345 416,943 15,313 1,022 2,767 20,859 -14,066 46,234 1,615 28 Denominated in foreign currencies....................................................................................... -3,319 2,751 -12,630 -2,914 4,906 7,319 -10,510 1,193 2,342 9,726 55,328 29 30 By instrument: 2 Deposits and brokerage balances................................................................................ Other claims................................................................................................................. -10,310 6,991 10,524 -7,773 -16,053 3,423 -3,229 315 7,184 -2,278 1,788 5,531 -8,296 -2,214 4,151 -2,958 5,572 -3,230 9,097 629 30,159 25,169 Europe..................................................................................................................................... -463,738 Of which: United Kingdom................................................................................................................ - 200,111 -75,511 Switzerland............ -30,957 Canada.......................... -138,732 Caribbean financial centers 8 Latin America, excluding Caribbean financial centers.............................................................. -27,798 41,149 Asia.............................. 62,072 Of which: Japan......... -5,794 Africa............................ -18,881 Other....................................................................................................................................... 24,115 374,532 1,636,455 259,315 91,062 -11,162 -40,511 -5,178 54,981 8,043 4,719 13,093 -43,294 -57,821 -3,764 -61,164 -4,275 19,484 21,511 604 -3,994 -66,404 256,123 12,272 11,783 -11,777 -1,373 81,557 -113,018 3,331 4,351 18,621 23,578 6,634 9,128 1,444 14,013 4,584 8,517 879,077 103,062 150,347 1,320,428 95,268 144,503 86,324 3,868 48,012 -119,295 175,345 -94,936 12,964 -38,693 -80,602 12,230 163,115 -22,137 -72,799 559 12,405 Claims, total (line 1), by area: 31 32 33 34 35 36 37 38 39 40 409,076 -177,034 -118,245 -133,606 -34,853 -141,344 151,773 21,106 -8,499 1,706 -48,994 -2,150 -19,738 8,249 -6,285 -5,612 -52,182 16,755 -21,939 -50,355 -1,627 1,051 -11,483 -7,985 883 121,778 50,252 23,927 41,305 -11,233 11,731 3,764 -2,753 -891 28,542 -65,865 35,645 119,845 -4,673 24,528 468,857 20,280 8,262 -37,395 -28,470 -13,157 48,802 63,344 56,501 -10,808 6,135 -27,149 51,677 92,979 375,878 -69,231 -108,692 -4,124 -5,067 -23,832 -5,067 -50,223 21,649 -5,968 -15,405 -6,734 48,137 5,347 26,965 277 -390 -5,260 -4,015 Memoranda: 1 International banking facilities’ (IBFs) own claims, denominated in dollars (in lines 1-15 above) By bank ownership: 4 2 3 U.S.-owned IBFs.................................................................................................................. Foreign-owned IBFs............................................................................................................. See the footnotes on pages 52-53. April 2009 Su r v e y of 43 C u r r e n t B u s in ess Table 11. Liabilities to Foreigners, Except Foreign Official Agencies, Reported by U.S. Banks and Securities Brokers 1 [Millions of dollars] Mot seasonally adjusted (Credits +; increase in U.S. liabilities. Debits decrease in U.S. liabilities.) Line 2007 2008 2007 2008 » I II III IV I II III r IV p Amounts outstanding Dec. 31, 2008 1 Liabilities reported by U.S. banks and securities brokers, total (table 1, part of line 65 and 3,869,276 126,948 -260,108 -47,581 25,495 -3,492 77,098 60,631 287,758 123,987 79,088 -256,616 -124,679 -35,136 3,581,518 32,113 101,732 43,964 -247,301 -63,056 -650 3,028,200 28,823 60,106 46,858 -237,273 -67,881 -7,865 2,793,206 19,136 -65,729 -48,946 55,052 77,163 62,272 38,980 32,280 31,889 10,774 -119,965 25,430 -95,866 10,654 -21,442 -97,293 -288,699 -18,167 222,285 47,579 58,549 458,372 1,641,054 693,780 -28,173 -172,000 75,031 -65,273 40,567 137,402 -108,448 -145,267 2,109,729 683,477 table 1, line 69).......................................................................................................................... 561,680 -155,246 209,602 137,083 69,416 145,579 2 U.S. Treasury bills and certificates (table 1, part of line 65)................................................... 28,867 182,097 4,470 -12,686 15,491 21,592 3 Other U.S. liabilities, total (table 1, line 69).............................................................................. 532,813 -337,343 205,132 149,769 53,925 4 Liabilities for own accounts................................................................................................. 443,997 -267,043 172,822 137,330 5 Denominated in dollars....................................................................................................... 370,401 -266,161 168,304 113,168 By instrument: 2 Repurchase agreements............................................................................................. Deposits and brokerage balances................................................................................ Other liabilities (including loans).................................................................................. 29,981 227,005 113,415 -495,183 133,682 95,340 125,520 32,518 10,266 10 By foreign holder: Liabilities to: Foreign banks......................................................................................................... Foreign nonbanks, including international organizations......................................... 270,328 100,073 -22,204 -243,957 96,035 72,269 76,608 46,890 36,560 -18,067 11 12 By type of U.S. reporting institution: 3 U.S.-owned banks' liabilities to: Foreign banks......................................................................................................... Foreign nonbanks, including international organizations......................................... 184,778 5,859 174,350 63,710 2,347 -3,552 37,075 4,071 31,822 -9,991 113,534 15,331 22,179 21,334 -40,837 6,760 7,879 -14,711 185,129 50,327 1,058,211 189,637 13 14 Foreign-owned banks’ liabilities to: Foreign banks......................................................................................................... Foreign nonbanks, including international organizations......................................... 58,344 23,739 62,635 8,863 4,417 6,823 33,434 9,180 46,585 -26,092 -1,952 9,688 -16,719 -5,599 -61,100 -3,521 8,660 21,933 131,794 -3,950 836,271 110,430 15 16 Brokers' and dealers’ liabilities to: Foreign banks......................................................................................................... Foreign nonbanks, including international organizations......................................... 27,206 70,475 -259,189 -316,530 89,271 68,998 6,099 23,309 -31,517 -6,124 -36,647 -15,708 -33,633 59,296 -70,063 -68,512 24,028 -179,521 -115,670 -191,644 215,247 383,410 17 Denominated in foreign currencies...................................................................................... 73,596 -882 4,518 24,162 3,290 41,626 -2,894 -10,028 4,825 7,215 234,994 18 19 By instrument: 2 Deposits and brokerage balances................................................................................ Other liabilities (including loans).................................................................................. 16,037 57,559 -7,668 6,786 532 3,986 5,664 18,498 -3,939 7,229 13,780 27,846 -6,326 3,432 -9,298 -730 1,722 3,103 6,234 981 90,739 144,255 20 Liabilities for customers’ accounts..................................................................................... 88,816 -70,300 32,310 12,439 21,812 22,255 35,124 -9,315 -61,623 -34,486 553,318 21 Denominated in dollars....................................................................................................... 89,750 -61,088 30,812 1,360 36,035 21,543 32,222 -6,875 -56,874 -29,561 546,770 22 By instrument: 2 Negotiable certificates of deposit and other short-term instruments........................... Other liabilities (including loans).................................................................................. 46,017 43,733 -27,667 -33,421 13,056 17,756 15,761 -14,401 13,276 22,759 3,924 17,619 33,946 -1,724 -3,083 -3,792 -43,585 -13,289 -14,945 -14,616 274,514 272,256 Denominated in foreign currencies............................................... ...................................... -934 -9,212 1,498 11,079 -14,223 712 2,902 -2,440 -4,749 -4,925 6,548 199,872 12,762 231,839 10,058 68,490 7,705 2,087 -380,243 8,141 -61,345 2,964 85,583 -5,258 12,815 201,893 3,208 4,534 -5,534 3 -84 48,569 -83,012 8,740 8,424 59,366 96,129 -447 2,780 26,939 34,460 1,375 -1,310 2,000 -319 32,422 -7,610 71,810 6,613 12,625 7,637 490 -94,228 -134,758 -8,758 2,356 -40,481 45,895 -4,378 8,728 40,360 37,129 -16,569 965 -625 4,549 1,189,871 67,255 1,808,736 118,289 355,158 10,934 31,275 1 International banking facilities’ (IBFs) own liabilities, denominated in dollars (in lines 3-14) above) 104,067 126,855 16,024 20,005 37,911 30,127 14,429 -27,628 2,978 137,076 608,868 By bank ownership: 3 U.S.-owned IBFs..................................................................................................................... Foreign-owned IBFs................................................................................................................ 56,968 47,099 84,755 42,100 17,925 -1,901 2,406 17,599 -2,057 39,968 38,694 -8,567 34,901 -20,472 -25,607 - 2,021 -27,707 30,685 103,168 33,908 265,131 343,737 6 7 8 9 23 24 50,795 9,311 47,860 Other U.S. liabilities, total (line 3), by area: 25 26 27 28 29 30 31 Europe..................................................................................................................................... Canada.................................................................................................................................... Caribbean financial centers 4.................................................................................................. Latin America, excluding Caribbean financial centers............................................................. Asia......................................................................................................................................... Africa....................................................................................................................................... Other....................................................................................................................................... 1,112 61,870 -213,127 12,021 2,522 5,040 -71,799 -2,392 1,006 20,397 -12,303 4,540 5,806 3,243 5,648 Memoranda: 2 3 See the footnotes on pages 52-53. 44 U.S. International Transactions April 2009 Table 12. U.S. International [Millions Europe Line (Credits +; debits - ) 1 European Union 1 5 2008 Euro area 1 6 2008 2008 p 2008 2008 p III r IV p Belgium 2008 2008 p III r IV p 2008 p III ' IV p III ' IV p Current account 1 Exports of goods and services and income receipts........................................ 916,292 235,323 208,945 785,268 200,533 180,759 519,806 132,993 121,844 42,333 11,046 9,661 2 Exports of goods and services............................................................................ 553,562 143,659 130,466 469,109 120,827 111,817 317,898 82,434 76,145 33,321 8,573 7,596 3 Goods, balance of payments basis 2............................................................... 324,405 82,296 73,415 270,800 67,567 62,564 200,949 50,289 47,154 28,961 7,403 6,567 4 b Services 3........................................................................................................ Transfers under U.S. military agency sales contracts 4................................ 229,157 3,855 61,363 963 49,254 527 116,950 999 32,145 224 28,992 231 4,361 42 1,170 9 1,029 9 Travel........................................................................................................... Passenger fares.......................................................................................... Other transportation.................................................................................... 12,502 3,583 5,679 11,550 3,311 4,991 7,884 2,474 4,458 18,710 5,704 10,664 6,718 2,017 2,853 3,862 1,113 2,563 784 360 568 268 109 144 156 76 122 9 10 11 Royalties and license fees 5........................................................................ Other private services 5............................................................................... U.S. government miscellaneous services................................................... 38,392 11,149 21,385 51,744 102,305 325 198,309 2,335 35,271 10,228 18,785 53,260 551 6 / a 57,051 888 8,572 2,680 5,035 12,889 25,659 88 13,628 26,158 90 41,899 89,531 259 10,421 22,366 70 11,036 22,801 73 29,983 50,710 180 7,631 12,649 52 8,068 13,103 52 1,018 1,585 4 242 397 1 258 407 1 12 13 14 1b 16 1/ Income receipts................................................................................................... Income receipts on U.S.-owned assets abroad............................................... Direct investment receipts........................................................................... Other private receipts.................................................................................. U.S. government receipts............................................................................ Compensation of employees........................................................................... 362,730 362,265 171,983 186,730 3,552 465 91,664 91,546 43,696 47,018 832 117 78,479 78,364 35,397 41,261 1,706 115 316,160 315,782 143,289 169,270 3,223 377 79,706 79,610 35,987 42,888 735 95 68,942 68,849 29,977 37,301 1,571 93 201,907 201,696 113,858 84,929 2,909 211 50,559 50,505 28,590 21,195 720 53 45,699 45,648 24,814 19,561 1,273 51 9,011 8,992 3,676 5,316 0 20 2,473 2,468 1,051 1,417 0 5 18 Imports of goods and services and income payments...................................... -931,253 Imports of goods and services............................................................................ -616,770 -246,448 -202,965 -779,945 -204,953 -168,025 -502,063 -130,213 -105,822 -43,188 -10,834 2,065 2,060 733 1,327 0 5 -9,832 -163,782 -142,032 -519,428 -135,790 -121,178 -372,824 -95,713 -87,220 -21,272 -5,263 -4,631 20 Goods, balance of payments basis 2............................................................... -441,111 -116,085 -100,334 -367,319 -94,393 -85,365 -278,046 -70,039 -65,071 -17,359 -4,251 -3,610 21 22 Services 3........................................................................................................ Direct defense expenditures........................................................................ -175,659 -14,394 -47,697 -3,881 -41,697 -3,576 -152,109 -12,798 -41,398 -3,446 -35,813 -3,176 -94,779 -10,548 -25,674 -2,785 -22,149 -2,613 -3,912 -186 -1,012 -53 -1,022 -50 23 24 2b Travel.................. Passenger fares.. Other transportation.................................................................................... -25,053 -15,427 -28,496 -7,833 -4,504 -7,845 -4,478 -3,256 -6,501 -22,852 -14,700 -25,126 -7,115 -4,296 -6,954 -4,123 -3,090 -5,690 -15,472 -8,959 -15,165 -4,650 -2,636 -4,230 -2,727 -1,883 -3,439 -199 -122 -858 -54 -25 -227 -34 -33 -198 26 2/ 28 Royalties and license fees 5 Other private services 5............................................................................... U.S. government miscellaneous services................................................... -16,188 -74,016 -2,085 -4,017 -19,089 -528 -4,343 -19,011 -532 -12,472 -62,584 -1,578 -3,104 -16,083 -400 -3,329 -15,996 -409 -8,149 -35,153 -1,332 -2,007 -9,008 -359 -2,200 -8,965 -322 -261 -2,234 -52 -73 -568 -13 -76 -617 -14 29 30 31 32 33 34 Income payments................................................................................................ Income payments on foreign-owned assets in the United States..................... Direct investment payments........................................................................ Other private payments............................................................................... U.S. government payments Compensation of employees -314,483 -313,838 -78,997 -192,617 -42,224 -645 -82,666 -82,529 -23,715 -48,262 -10,552 -138 -60,933 -60,751 -7,938 -42,722 -10,091 -182 -260,516 -260,016 -53,951 -176,471 -29,594 -500 -69,163 -69,054 -17,574 -44,244 -7,236 -109 -46,847 -129,239 -46,708 -128,889 -527 -21,234 -39,105 -94,018 -7,076 -13,637 -140 -349 -34,500 -34,421 -7,634 -23,702 -3,085 -79 -18,602 -18,507 6,465 -22,090 -2,882 -95 -21,916 -21,906 -1,563 -18,441 -1,902 -10 -5,571 -5,569 -393 -4,719 -457 -2 -5,201 -5,198 -308 -4,448 -442 -3 35 Unilateral current transfers, net 36 U.S. government grants 4....... 3/ U.S. government pensions and other transfers................................................... 38 Private remittances and other transfers6 -11,599 -2,258 -1,852 -7,489 -2,997 -560 -470 -1,967 -2,632 -707 -467 -1,458 -6,018 -190 -1,723 -4,105 -1,601 -49 -438 -1,114 -1,211 -28 -434 -749 -8,330 -68 -1,305 -6,957 -2,088 -21 -334 -1,733 -1,917 -10 -325 -1,581 -222 0 -24 -198 -61 0 -6 -55 -72 0 -6 -66 Capital account 39 Capital account transactions, net........................................................................ -918 -231 -234 -492 -124 -125 -271 -68 -69 -24 -6 -6 151,110 -10,257 259,183 91,479 5,755 14,038 -109,676 -1,127 0 -365 0 -183 0 -886 0 -291 0 -365 -183 -886 -291 -186,558 -149,149 -37 -66 106 103 -186,627 -149,186 176,666 408,515 -37,382 -38,961 66,785 46,498 123,148 26,446 24,115 374,532 -344,393 -83 94 -344,404 -169,692 -22 49 -169,719 436,758 -148,198 45,585 232,794 306,577 -208,151 (,8) -103,225 (1 ) 7 n (,7) n n C7 ) 1,092 938 n n (,7> n (18) -143,422 69,038 181,126 20,432 n 17,391 -59,503 n.a. n.a. -18,277 -115,525 -134,758 1 — S 312,435 n 39,990 n -50,452 n.a. 64,242 18— 85,716 19 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow (-))......................................................................................................... 41 42 43 44 45 46 47 48 49 50 b1 b2 b3 b4 55 56 57 b8 59 60 61 62 63 64 6b 66 6/ 68 69 70 U.S. official reserve assets.................................................................................. Gold 7.............................................................................................................. Reserve position in the International Monetary Fund..................................... Foreign currencies........................................................................................... -1,127 U.S. government assets, other than official reserve assets................................. -373,603 U.S. credits and other long-term assets.......................................................... -122 Repayments on U.S. credits and other long-term assets 8.............................. 328 U.S. foreign currency holdings and U.S. short-term assets.............................. -373,809 U.S. private assets.............................................................................................. 525,840 Direct investment............................................................................................. -174,798 Foreign securities............................................................................................ 57,878 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns.. 233,684 U.S. claims reported by U.S. banks, not included elsewhere........................... 409,076 Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+))........................................................................... -142,020 Foreign official assets in the United States......................................................... -36,442 U.S. government securities............................................................................. (,7) U.S. Treasury securities 9 ( ,7) O ther10.......................... H Other U.S. government liabilities " ................................................................. 1,560 U.S. liabilities reported by U.S. banks, not included elsewhere........................ (1 ) 7 Other foreign official assets 12......................................................................... (,7) Other foreign assets in the United States............................................................ -105,578 Direct investment............................................................................................. 223,587 U.S. Treasury securities.................................................................................. 111,237 U.S. securities other than U.S. Treasury securities......................................... -41,343 U.S. currency................................................................................................... n.a. U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns -18,816 U.S. liabilities reported by U.S. banks, not included elsewhere........................ -380,243 Financial derivatives, net...................................................................................... n.a. -9,107 1,074 C7 ) (1 ) 7 (,7) 398 H (1 ) 7 -10,181 51,625 23,427 -54,867 n.a. 63,862 -94,228 -246,647 245,056 -346,928 -152 -886 0 0 -30,060 8,925 -2,047 -152 0 0 0 0 0 0 0 3 0 0 3 -30,063 -3,162 -34,392 -4,020 11,511 2 0 0 2 175,738 -33,034 64,296 123,950 20,526 -152 -886 -291 -152 -144,737 -271,267 -124,693 -116,603 -58 0 0 0 7 27 68 7 -144,686 -271,335 -124,720 -116,610 389,945 -74,775 139,022 7,079 -28,239 -117,875 -29,155 -24,043 44,108 38,705 27,088 6,847 25,567 -5,434 58,281 -49,636 348,509 21,446 71,191 73,911 8,923 -348 -1,838 -390 11,499 (*) 0 0 (*) -2,048 -1,348 -8,194 -2,085 9,579 -31,631 (18) -222,072 (,8) n n H 305 (,8) (18) n (18) n 512 (18) (18) -291 0 56,835 (18) (18) (18) (18) -26,155 (18) (18) (18) (18) 14,596 (18) (18) (18) (18) 36,145 (18) (18) (18) (18) 90 (18) (18) (18) (18) 47,324 (18) 502 (18) (18) 71 n (18) 200 (18) (18) 22 (1 ) S (,8) 12 (18) (18) 9 (18) (18) (18) (18) (18) (18) 114,836 (18) 24,841 (18) 44,089 (18) 56,535 (18) ( 1) 8 4,953 (18) 5,301 -109,444 n.a. n.a. -113,707 -3,845 18-1 74,342 1 54,786 8 -44,807 n.a. -7,307 181,047 -28,761 -16,195 n.a. n.a. -9,758 -18 1 8,826 18-4,199 8 -2,988 n.a. -281 18-1,606 50,943 n -3,930 n.a. -446 1 748 8 188 n.a. (tt) 60,164 (18) -11,180 n.a. n.a. -9,461 n.a. n.a. 1,148 n.a. n.a. 71 Statistical discrepancy (sum of above items with sign reversed)14................. 18,389 44,898 -15,650 117,859 41,482 -34,382 280,952 10,344 81,043 -4,983 Memoranda: Balance on goods (lines 3 and 20).......................................................................... Balance on services (lines 4 and 21)...................................................................... Balance on goods and services (lines 2 and 19).................................................... Balance on income (lines 12 and 29)...................................................................... Unilateral current transfers, net (line 35)................................................................. Balance on current account (lines 1,18, and 35 or lines 74,75, and 7 6 )13............ -116,706 53,498 -63,208 48,247 -11,599 -26,561 -33,789 13,666 -20,123 8,997 -2,997 -14,123 -26,919 15,353 -11,566 17,546 -2,632 3,348 -96,519 46,200 -50,319 55,643 -6,018 -694 -26,826 11,862 -14,964 10,543 -1,601 -6,021 -22,802 13,441 -9,361 22,095 -1,211 11,523 -77,097 22,171 -54,926 72,668 -8,330 9,413 -19,750 6,471 -13,279 16,059 -2,088 692 -17,917 6,843 -11,074 27,096 -1,917 14,106 11,601 448 12,050 -12,905 -222 -1,078 72 /3 74 /b 76 77 See the footnotes on pages 52-53. (1 ) 8 n (18) (18) -9,348 -45,028 3,153 158 3,311 -3,099 -61 151 2,957 8 2,964 -3,135 -72 -243 April 2009 Su r v e y of 45 C u r r e n t B u sin ess Transactions, by Area—Continues of dollars] France Germany 2008 2008 > > 74,840 47,411 IV 19,312 17,415 12,441 11,430 IV p 106,915 27,128 25,134 32,412 8,756 7,149 82,299 19,785 25,295 6,768 5,710 2008 p IV p III r 2008 2008 2008 p 2008 p III r p Europe, excluding European Union United Kingdom 2008 2008 2008 » III r Netherlands Italy 2008 III ' IV p 131,023 34,790 84,453 22,832 28,186 18,649 53,605 30,848 1,520 14,729 10,852 3 16,107 108 8,103 412 7,797 361 4,005 1,130 1,304 3,363 1,150 1,131 3,121 921 2,600 952 272 688 688 206 577 4 5 6 7 8 IV p 218,514 55,576 48,002 117,165 29,669 27,277 9,632 52,815 12,909 11,170 3,663 40 64,350 432 16,760 105 323 119 374 13,593 3,862 4,884 IV p 113,400 54,947 28,572 26,508 14,010 13,294 10,153 3,857 39 508 213 446 Line 2008 p III r III ' 1 2 28,939 7,045 6,991 54,303 21,096 13,594 12,941 15,280 3,676 3,374 39,873 18,473 57 5,395 13 4,438 14 27,996 167 7,502 37 6,844 39 10,015 76 3,092 20 2,335 21 3,628 943 1,788 1,496 318 481 640 217 395 4,998 1,498 3,427 1,651 442 919 995 312 845 2,595 1,068 937 1,059 456 228 515 204 251 15,074 173 1,544 596 1,633 3,689 8,316 52 966 2,105 16 1,035 2,127 11 7,356 10,486 65 1,849 2,586 17 1,950 2,684 19 1,718 3,609 13 398 927 4 430 909 4 2,022 9,093 13 471 2,177 3 509 2,293 4 8,984 32,534 61 2,122 8,080 14 2,242 8,094 19 9,845 12,774 66 2,468 3,293 19 2,592 3,357 17 9 10 11 27,429 27,381 7,992 19,389 0 48 6,871 6,859 2,008 4,851 0 12 5,986 5,974 1,769 4,205 0 12 24,616 24,532 9,339 14,065 1,128 85 6,032 6,011 2,164 3,482 365 22 5,349 5,330 1,783 3,363 184 19 7,117 7,098 2,933 4,165 0 19 1,988 1,983 945 1,038 0 5 1,439 1,435 510 925 0 5 14,561 14,557 10,833 3,724 0 5 13,214 13,209 9,626 3,583 0 5 101,349 101,243 23,270 77,692 281 106 25,906 25,879 5,842 20,022 15 27 20,725 20,698 4,039 16,393 266 27 46,570 46,483 28,694 17,460 329 87 11,958 11,936 7,709 4,130 97 22 9,537 9,515 5,420 3,960 135 22 12 13 14 15 16 17 -74,120 -18,654 -15,980 -142,920 -37,030 -48,031 -12,849 -10,372 -15,775 -9,625 -222,793 -59,952 -49,634 -151,309 -41,495 -34,939 18 -59,881 -15,548 -14,410 -131,795 -33,434 -27,643 -30,464 58,453 58,434 43,144 15,290 0 19 -56,922 -44,980 -12,090 -9,945 -30,861 -8,036 -7,201 -104,048 -28,585 -24,156 -97,342 -27,991 -20,854 19 -43,987 -11,191 -10,731 -97,666 -24,511 -22,382 -36,148 -9,485 -8,118 -21,087 -5,498 -4,917 -57,920 -16,033 -13,073 -73,792 -21,692 -14,969 20 -15,893 -125 -4,357 -35 -3,679 -35 -34,130 -7,313 -8,923 -1,890 -8,082 -1,810 -8,831 -1,189 -2,605 -316 -1,826 -280 -9,775 -111 -2,538 -28 -2,284 -28 -46,128 -1,970 -12,552 -535 -11,083 -505 -23,550 -1,596 -6,299 -435 -5,885 -400 21 22 -3,309 -1,981 -2,340 -916 -601 -717 -536 -433 -524 -3,025 -3,389 -5,761 -893 -992 -1,550 -594 -700 -1,283 -3,582 -587 -1,268 -1,166 -155 -384 -594 -131 -283 -1,348 -815 -2,484 -350 -220 -698 -259 -192 -555 -5,960 -4,879 -5,257 -1,994 -1,313 -1,471 -1,107 -1,066 -1,178 -2,201 -727 -3,370 -718 -208 -891 -355 -166 -811 23 24 25 -3,079 -4,700 -360 -751 -1,240 -97 -826 -1,230 -95 -2,851 -11,309 -482 -712 -2,763 -123 -804 -2,775 -116 -125 -1,958 -123 -26 -527 -32 -26 -479 -33 -707 -4,246 -63 -159 -1,065 -18 -170 -1,064 -16 -2,789 -25,086 -188 -748 -6,424 -55 -3,716 -11,433 -507 -913 -3,006 -128 -1,014 -3,015 -123 26 27 28 -14,240 -14,122 -6,035 -7,319 -768 -117 -3,106 -3,078 -1,142 -1,772 -164 -28 -1,570 -1,539 255 -1,662 -132 -31 -11,125 -11,021 7,106 -16,109 -2,018 -104 -3,596 -3,572 875 -3,972 -475 -24 2,821 2,849 7,079 -3,778 -452 -28 -3,051 -2,998 -1,756 -705 -537 -53 -759 -747 -454 -176 -117 -12 -428 -414 -107 -180 -127 -14 -26,061 -26,045 -12,008 -12,468 -1,569 -16 -7,739 -7,735 -4,282 -3,076 -377 -2,425 -2,420 887 -2,954 -353 -118,745 -118,635 -26,321 -78,466 -13,848 -110 -735 -6,464 -40 -31,367 -31,342 -8,215 -19,497 -3,630 -25 -25,478 -25,448 -5,587 -16,117 -3,744 -30 -53,967 -53,822 -25,046 -16,146 -12,630 -145 -13,504 -13,475 -6,141 -4,018 -3,316 -29 -14,086 -14,043 -7,411 -3,617 -3,015 -43 29 30 31 32 33 34 457 0 -107 564 68 0 -33 101 108 0 -28 136 -2,518 0 -447 -2,071 -387 0 -112 -275 -373 0 -113 -260 -623 0 -252 -371 -165 0 -63 -102 -160 0 -63 -97 96 0 -32 128 -35 0 -8 -27 51 0 -8 59 3,193 0 -284 3,477 731 0 -71 802 944 0 -71 1,015 -5,581 -2,068 -129 -3,384 -1,397 -511 -32 -854 -1,422 -679 -33 -710 35 36 37 38 -37 -9 -9 -23 “6 -6 -29 -7 -7 8 2 2 -62 -16 -16 -426 -107 -109 39 53,553 54,439 27,824 -17,539 -295 0 -109 0 -31 0 -295 -109 -3 0 0 -3 53,851 -7,584 26,851 17,393 17,191 (*) 0 0 (*) 54,548 -747 20,050 20,358 14,887 -16,762 A 12,306 -10,431 290 5,312 4,678 -48,783 19,285 -20,272 446,660 -35,404 363,222 59,631 -16,012 14,127 40 -353 0 -110 0 -69 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -241 0 -74 0 -31 0 -31 -353 -110 -69 41 42 43 44 45 -1 0 0 -1 8 0 0 8 1 0 0 1 3 0 0 3 1 0 0 1 1 0 0 1 -10,363 -1,143 4,134 -20,357 7,003 286 -2,271 8,094 -1,952 -3,585 5,311 230 3,702 650 729 4,677 -462 368 -2,899 7,670 19,283 -18,943 2,471 27,266 8,489 1 0 0 1 -20,273 -13,662 2,405 -11,500 2,484 -33,076 0 0 -33,076 479,735 -21,556 -6,574 248,550 259,315 -39,999 0 0 -39,999 4,595 -4,939 15,807 60,131 -66,404 6,921 0 0 6,921 356,301 -6,884 26,155 80,907 256,123 -29,210 -39 234 -29,405 89,082 -26,600 12,293 890 102,499 -16,866 -15 57 -16,908 928 -4,348 2,489 -802 3,589 -4,412 -8 96 -4,500 18,570 -10,722 2,390 879 26,023 46 47 48 49 12,408 -454 4,569 5,178 3,115 4 0 0 4 -48,787 -57,973 3,385 6,353 -552 2 0 0 2 27,856 -2,155 7,306 -1,071 23,776 3 0 0 3 -17,189 -7,098 15,982 -19,664 -6,409 14,556 -11,144 -255,443 5,037 -209,419 66,131 22,524 -24,574 55 (18) (18) (18) (1 8) (18) (16) (18) (18) 56 57 58 59 60 61 62 . -241 -28,285 -6,142 20,445 -33,550 -490 5,398 -1,795 22,425 -16,225 (18) ( is) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (16) (18) (18) (18) (18) (16) (18) (18) (18) (18) (18) (18) (18) (18) H H (1 ) 8 (18) (18) (18) (18) 31 1 4 (18) (18) 76 H (18) A (1 ) 8 H (18) (18) (18) (1 ) S (18) (18) (18) 56 36 5 (18) (18) (18) (18) (18) (18) H -11 (18) (1) 8 H (18) (16) (18) H H (18) 13 75 64 H 47 (18) (18) (18) (18) (18) (18) (18) n (18) (18) (18) (18) (18) (18) (18) (18) (16) (18) 5,082 745 1,881 5,303 -10,152 H 2,869 (18) 8,412 484 426 24,691 4,006 -2,161 (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (.8) (18) -5,052 n.a. 183 '*-20,336 -7,429 n.a. 500 1816,402 -3,431 n.a. 160 18-25,763 -17,531 n.a. -4,080 ,813,512 -2,829 n.a. 10,151 1 7,831 8 -3,121 n.a. -9,651 18-10,682 -2,411 n.a. -730 18-254 -635 n.a. 927 '84,617 -333 n.a. -911 18-990 -5,008 n.a. -930 1 3,597 8 -4,194 n.a. -18,863 is 2,762 -1,723 n.a. 1,446 18— 8,753 -74 -31 (16) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) 300 H 44 H 131 622 (18) (18) (18) (18) 93 H 580 (18) (16) (18) (18) H (18) (18) H 11,224 18,607 57,420 (18) (" ) (") 40,610 49,845 -3,397 n.a. n.a. n.a. -103,834 -13,270 71,562 18— 349,738 18-81,779 18-157,550 ( 1) 8 (18) (18) (18) (18) (18) (16) 42,461 11,635 H -4,415 n.a. -380 1815,591 8,875 (18) 18,160 n.a. -539 1 5,427 8 . (18) 12,090 n.a. -1,818 ie-44,301 50 51 52 53 54 63 64 65 66 67 68 69 n.a. -3,983 n.a. n.a. 1,310 n.a. n.a. -1,004 n.a. n.a. 124 n.a. n.a. -10,318 n.a. n.a -1,719 n.a. 70 -37,931 -65,729 -1,073 62,227 -23,766 46,870 16,471 -5,440 507 -30,225 -15,948 14,480 -190,070 44,346 -153,100 -99,469 3,416 18,731 71 -15,049 2,579 -12,469 13,189 457 1,177 -4,145 1,038 -3,107 3,765 68 726 -3,740 759 -2,981 4,416 108 1,544 -43,363 -6,134 -49,497 13,492 -2,518 -38,523 -10,917 -1,421 -12,339 2,437 -387 -10,289 -9,442 -1,238 -10,679 8,170 -373 -2,883 -20,869 1,184 -19,685 4,066 -623 -16,241 -5,808 486 -5,322 1,229 -165 -4,258 -4,744 509 -4,235 1,012 -160 -3,383 18,786 5,300 24,086 32,393 96 56,574 4,654 1,320 5,974 6,823 -35 12,762 4,715 1,379 6,094 10,789 51 16,934 -5,105 18,222 13,117 -17,396 3,193 -1,086 -3,123 4,208 1,084 -5,461 731 -3,645 -1,903 5,024 3,121 -4,753 944 -688 -20,187 7,298 -12,889 -7,397 -5,581 -25,867 -6,964 1,804 -5,159 -1,546 -1,397 -8,102 -4,117 1,912 -2,205 -4,549 -1,422 -8,175 72 73 74 75 76 77 46 U.S. International Transactions April 2009 Table 12. U.S. International [Millions Latin America and Other Western Hemisphere Canada Line (Credits +; debits - ) 1 2008 South and Central America 2008 2008 p 2008 2008 p III ' IV 2008 2008 p III r p Argentina IV p 2008 p IV p III r IV p illr Current account 1 Exports of goods and services and income receipts......................................... 358,696 91,843 80,648 542,072 143,913 128,132 375,767 101,660 89,998 13,969 3,853 2,862 2 Exports of goods and services............................................................................ 308,971 78,665 68,847 383,613 103,359 93,220 330,169 89,369 80,768 10,995 3,007 2,327 3 Goods, balance of payments basis 2............................................................... 261,837 66,959 58,357 289,000 78,732 69,550 265,070 72,319 63,939 7,528 2,033 1,595 4 5 Services 3.................................................. ..................................................... Transfers under U.S. military agency sales contracts4................................ 47,134 488 11,706 137 10,490 141 94,613 721 24,627 167 23,670 201 65,100 674 17,050 159 16,829 179 3,467 24 973 6 732 7 6 7 8 Travel........................................................................................................... Passenger fares Other transportation 14,799 3,878 3,708 3,465 1,075 1,007 2,577 809 876 25,118 8,349 7,363 7,211 2,113 2,036 6,417 2,236 1,696 21,435 7,312 5,614 5,794 1,775 1,548 5,541 1,941 1,301 1,084 574 159 362 159 47 179 110 35 9 10 11 Royalties and license fees 5 Other private services 5............................................................................... U.S. government miscellaneous services................................................... 6,381 17,786 94 1,448 4,553 22 1,557 4,512 18 7,185 45,672 205 1,707 11,340 53 1,835 11,233 52 5,459 24,437 169 1,331 6,398 44 1,444 6,379 43 378 1,238 10 78 319 3 83 316 2 12 13 14 15 16 17 Income receipts................................................................................................... Income receipts on U.S.-owned assets abroad............................................... Direct investment receipts........................................................................... Other private receipts.................................................................................. U.S. government receipts............................................................................ Compensation of employees........................................................................... 49,725 49,564 25,117 24,447 0 162 13,178 13,137 6,830 6,307 0 41 11,801 11,764 5,829 5,935 0 37 158,459 158,231 71,722 86,364 145 228 40,554 40,497 18,888 21,597 12 57 34,912 34,855 14,347 20,445 62 57 45,598 45,398 31,619 13,654 126 200 12,291 12,241 8,734 3,498 9 50 9,230 9,180 5,841 3,283 56 50 2,974 2,966 2,242 716 8 8 846 844 662 180 2 2 535 533 363 167 3 2 -2,063 18 Imports of goods and services and income payments...................................... -387,206 -104,641 -80,908 -564,159 -151,941 -125,578 -424,819 -116,388 -94,391 -7,923 -1,984 19 Imports of goods and services............................................................................ -363,120 -98,507 -76,039 -449,024 -122,624 -99,828 -397,535 -109,089 -87,798 -7,368 -1,850 -1,928 20 Goods, balance of payments basis 2............................................................... -338,544 -91,104 -70,732 -378,636 -104,707 -82,747 -359,532 -99,438 -78,594 -5,822 -1,472 -1,514 21 22 Services 3........................................................................................................ Direct defense expenditures........................................................................ -24,576 -247 -7,404 -68 -5,307 -65 -70,388 -376 -17,918 -115 -17,081 -91 -38,002 -336 -9,651 -96 -9,204 -85 -1,546 -6 -378 -3 -414 -1 23 24 25 Travel........................................................................................................... Passenger fares.......................................................................................... Other transportation.................................................................................... -6,917 -394 -5,044 -2,914 -125 -1,315 -1,084 -102 -1,132 -26,082 -3,852 -7,654 -6,562 -934 -2,097 -5,912 -1,127 -1,732 -19,961 -3,085 -4,292 -4,934 -729 -1,169 -4,570 -930 -934 -710 -93 -165 -159 -21 -46 -202 -28 -38 26 27 28 Royalties and license fees 5........................................................................ Other private services 5 ............................................................................... U.S. government miscellaneous services................................................... -656 -10,885 -433 -145 -2,721 -116 -146 -2,681 -97 -405 -31,403 -616 -106 -7,944 -159 -102 -7,966 -151 -165 -9,638 -525 -52 -2,536 -135 -48 -2,502 -134 -13 -544 -15 -3 -143 -4 -3 -138 -4 29 30 31 32 33 34 Income payments................................................................................................ Income payments on foreign-owned assets in the United States..................... Direct investment payments........................................................................ Other private payments U.S. government payments Compensation of employees -24,086 -23,529 -8,822 -13,483 -1,224 -557 -6,133 -6,001 -2,266 -3,395 -340 -133 -4,870 -115,135 -4,735 -107,413 -1,145 -1,923 -3,346 -87,042 -244 -18,448 -7,722 -135 -29,317 -27,306 -1,205 -21,594 -4,507 -2,011 -25,750 -23,667 380 -19,806 -4,241 -2,083 -27,284 -19,662 -1,578 -6,912 -11,172 -7,622 -7,299 -5,315 -757 -1,762 -2,796 -1,984 -6,594 -4,549 -381 -1,632 -2,536 -2,044 -555 -544 -134 -132 -135 -132 (D) (D) (D) -416 -104 -103 -11 -2 -3 35 Unilateral current transfers, net 36 U.S. government grants 4.................................................................................... 37 U.S. government pensions and other transfers................................................... 38 Private remittances and other transfers 6............................................................ -1,445 0 -664 -781 -416 0 -166 -250 -326 0 -166 -160 -32,207 -2,527 -815 -28,864 -8,147 -726 -206 -7,215 -8,329 -774 -207 -7,348 -28,040 -2,183 -683 -25,174 -7,317 -639 -173 -6,505 -7,405 -667 -174 -6,564 -394 -3 -31 -361 -134 0 -8 -125 -91 -1 -8 -82 125 38 30 -186 -49 -39 -187 -50 -39 2 1 1 -25,982 -8,245 3,590 -88,649 19,992 -79,105 -10,356 -4,426 4,976 476 -1,951 1,814 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (*) 0 0 (*) -8,246 -2,536 5,447 620 -11,777 1 0 0 1 401 -116 495 22 34 -50 60 24 340 -114 437 17 19 -48 45 22 -89,050 -53,172 -28,870 38,681 -45,689 19,958 -7,234 -22,340 -35,356 84,888 -10,696 -25,920 21,607 -1,392 -4,991 -4,445 -7,772 269 -73 3,131 143 -7 155 -5 4,833 -6,358 5,715 1,032 4,444 19 0 16 3 457 -2,294 2,240 -29 540 2 0 0 2 3,589 -3,739 6,588 2,113 -1,373 163 -7 175 -5 -79,268 -11,666 3,608 37,457 -108,667 -1,953 -656 -446 99 -950 8 0 8 (*) 1,806 -602 979 43 1,386 225 -29,976 19,929 9,513 28,737 -11,731 -11,619 1,507 8,419 (1 ) 7 (") n (,7) c7 ) (1 ) 7 252 23 (") n (1 ) 7 (") -1,282 -38,395 1,581 27,210 (") (") 1,878 -104,857 n.a. n.a. (,7) (,7) 2,356 -58,381 -14,247 -9,117 ( 1) 7 C7 ) ( ,7) 30 (") H 18,630 -621 n n n n 253 n n n n n n 47 (D) (D) (D) Capital account 39 Capital account transactions, net........................................................................ Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow (-))......................................................................................................... 41 42 43 44 45 U.S. official reserve assets Gold 7................... Special drawing rights 46 47 48 49 U.S. government assets, other than official reserve assets.................................. U.S. credits and other long-term assets.......................................................... Repayments on U.S. credits and other long-term assets8.............................. U.S. foreign currency holdings and U.S. short-term assets.............................. 50 51 52 53 54 U.S. private assets.............................................................................................. Direct investment............................................................................................. Foreign securities............................................................................................ U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns U.S. claims reported by U.S. banks, not included elsewhere........................... 3 0 0 3 -25,984 -20,892 2,276 3,794 -11,162 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+))........................................................................... 42,761 -20,468 -181 (” ) (") (,7) 12 ( ,7) (") -20,287 883 n -1,389 n.a. (,7) -8,758 56 57 58 59 60 61 62 Foreign official assets in the United States......................................................... U.S. government securities U.S. Treasury securities 9 Other10....................... Other U.S. government liabilities 1 1 U.S. liabilities reported by U.S. banks, not included elsewhere........................ Other foreign official assets 12......................................................................... 63 64 65 66 67 68 69 Other foreign assets in the United States............................................................ Direct investment............................................................................................. U.S. Treasury securities.................................................................................. U.S. securities other than U.S. Treasury securities.......................................... U.S. currency................................................................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns U.S. liabilities reported by U.S. banks, not included elsewhere........................ 1,511 (1 ) 7 n H 61 (1 ) 7 ( ,7) 41,250 23,455 n 18,598 n.a. (’7 ) 8,141 70 Financial derivatives, net...................................................................................... n.a. -2,375 n.a. 71 Statistical discrepancy (sum of above items with sign reversed)14................. 13,052 44,263 Memoranda: Balance on goods (lines 3 and 20).......................................................................... Balance on services (lines 4 and 21)...................................................................... Balance on goods and services (lines 2 and 19).................................................... Balance on income (lines 12 and 29)...................................................................... Unilateral current transfers, net (line 35)................................................................. Balance on current account (lines 1,18, and 35 or lines 74,75, and 7 6 )13............ -76,707 22,558 -54,149 25,639 -1,445 -29,955 -24,145 4,302 -19,843 7,045 -416 -13,213 72 73 74 75 76 77 See the footnotes on pages 52-53. 1,740 1,808 -1,030 (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) 30 1 -3 n (" ) (") 47 (1 ) 7 (" ) 34,176 2,911 (") -1,015 n.a. (,7) -44,859 n -50,207 n.a. H 54,623 n.a. 10,332 n.a. n.a. -143 n.a. -3,260 173,105 -34,030 75,406 58,897 38,395 -12,374 5,183 -7,191 6,931 -326 -586 -89,636 24,225 -65,411 43,323 -32,207 -54,294 -25,974 6,709 -19,265 11,237 -8,147 -16,174 -13,197 6,590 -6,608 9,161 -8,329 -5,775 -94,463 27,097 -67,365 18,314 -28,040 -77,091 -27,119 7,399 -19,720 4,992 -7,317 -22,044 (18) (18) (18) (18) n (18) -1 (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) 5,173 n 6,586 n.a. (,8 ) 1,431 792 111 -1 (18) (18) (18) 2,895 n.a. -1,586 n -981 n.a. (18) (18) S 16,104 1816,725 1 — 1— S 9,082 396 n.a. -51 18602 93 n.a. -38 181,645 -109 n.a. -27 18-892 18,481 n -7,870 n -1,593 n -1,494 -14,655 7,625 -7,030 2,636 -7,405 -11,798 1,706 1,921 3,627 2,419 -394 5,652 562 595 1,157 712 -134 1,735 81 319 400 400 -91 709 (18) April 2009 Su r v ey of 47 C u r r e n t B u sin ess Transactions, by Area—Continues of dollars] Brazil Mexico 2008 2008 2008 2008 p 2008 p I II r IV p lllr Line 2008 2008 p 2008 p IV p lllr Other Western Hemisphere 2008 2008 p IV p I II 1 Other South and Central America Venezuela IV p IV p I II r 60,870 17,412 14,692 190,645 50,657 45,966 20,385 5,602 5,861 89,898 24,136 20,616 166,305 42,253 38,134 1 45,377 13,137 11,462 176,221 46,843 43,381 17,443 4,746 5,062 80,133 21,636 18,535 53,444 13,990 12,452 2 32,808 9,777 8,221 151,424 40,526 36,950 12,605 3,398 3,728 60,705 16,585 13,445 23,930 6,413 5,611 3 12,569 37 3,360 8 3,241 9 24,797 17 6,318 4 6,432 3 4,839 1 5,051 140 5,090 160 29,514 47 7,577 8 6,841 22 4 5 800 285 300 670 306 247 7,383 2,403 1,638 1,824 554 451 1,980 548 370 1,913 725 282 1,334 (*) 546 216 83 19,428 595 2,833 1,122 1,066 1,348 (*) 588 203 71 8,222 2,488 2,468 2,220 574 680 2,166 761 568 3,683 1,037 1,750 1,417 338 487 876 295 395 6 7 8 1,883 5,616 11 479 1,485 3 524 1,483 3 1,948 11,374 33 472 3,003 9 509 3,013 8 320 1,595 2 224 1,185 30 243 1,164 28 1,726 21,235 36 376 4,942 9 391 4,854 9 9 10 11 4,275 4,269 2,799 1,467 3 6 3,230 3,224 1,914 1,273 37 6 14,424 14,388 10,285 4,100 3 36 3,814 3,805 2,801 1,003 1 9 2,584 2,575 1,541 1,034 n 9 2,941 2,930 2,275 649 6 11 85 404 (*) 800 797 606 188 3 3 930 4,613 112 15,493 15,470 9,834 5,553 83 23 78 406 (*) 856 853 660 193 0 3 9,765 9,644 6,982 2,636 26 121 2,500 2,470 1,812 655 3 30 2,081 2,051 1,417 621 13 30 112,861 112,832 40,103 72,710 19 28 28,263 28,256 10,154 18,099 3 7 25,682 25,674 8,506 17,162 6 7 12 13 14 15 16 17 -42,220 -11,503 -9,933 -249,205 -65,062 -57,313 -54,047 -17,550 -9,638 -71,423 -20,290 -15,445 -139,340 -35,553 -31,187 18 -35,590 -9,807 -8,512 -235,295 -61,382 -53,936 -52,260 -16,990 -9,137 -67,021 -19,060 -14,285 -51,489 -13,535 -12,030 19 -30,461 -8,439 -7,153 -218,678 -57,445 -50,063 -51,418 -16,781 -8,914 -53,153 -15,301 -10,950 -19,104 -5,269 -4,153 20 -5,129 -17 -1,368 -4 -1,359 -2 -16,617 -11 -3,937 -2 -3,873 -2 -842 0 -209 0 -223 0 -13,868 -302 -3,759 -87 -3,335 -80 -32,386 -40 -8,266 -19 -7,877 -6 21 22 -968 -313 -631 -270 -67 -181 -242 -85 -140 -10,619 -883 -1,349 -2,380 -242 -350 -2,472 -183 -274 -332 -72 -221 -89 -23 -58 -7,332 -1,724 -1,927 -2,050 -378 -534 -1,565 -611 -424 -6,121 -767 -3,362 -1,628 -205 -928 -1,342 -197 -797 23 24 25 -25 -3,156 -19 -10 -831 -5 -9 -875 -6 -97 -3,471 -187 -29 -885 -49 -27 -2,260 -296 -8 -627 -75 -7 -573 -74 -240 -21,765 -91 26 27 28 -1,421 -1,414 -14 -109 -1,291 -7 -13,910 -6,400 -845 -2,576 -2,979 -7,510 -3,680 -1,713 -316 -659 -738 -1,967 -560 -558 -501 -497 -13 -2 -4 -4,401 -4,333 139 -2,565 -1,907 -69 -1,230 -1,219 -90 -651 -478 -10 -1,160 -1,138 -63 -587 -488 -23 -87,851 -87,752 -346 -80,130 -7,276 -99 -54 -5,408 -25 -22,018 -21,990 -447 -19,832 -1,711 -27 -54 -5,464 -17 -1,696 -1,693 -63 -144 -1,486 -3 -3 -206 -8 -1,787 -1,774 -1 -50 -2 -6,631 -6,611 -132 -572 -5,907 -20 -28 -866 -49 -3,377 -1,369 -61 -641 -667 -2,007 -75 -21 -59 -1 -51 -2 -19,157 -19,118 761 -18,174 -1,705 -39 29 30 31 32 33 34 -1,245 -18 -25 -1,202 -340 -4 -7 -329 -357 -7 -344 -13,114 -100 -299 -12,715 -3,320 -31 -75 -3,214 -3,385 -27 -76 -3,282 -70 -9 -4 -58 -36 -2 -1 -33 -32 -4 -1 -27 -13,217 -2,054 -324 -10,839 -3,486 -601 -82 -2,803 -3,539 -628 -82 -2,829 -4,167 -344 -132 -3,691 -830 -87 -33 -710 -924 -107 -33 -784 35 36 37 38 -5 -1 -1 -106 -26 -25 14 3 4 -92 -27 -18 1 1 1 39 -2,018 1,941 1,752 2,644 -2,197 1,096 -6,477 -903 48 -4,982 -1,316 265 -78,293 24,418 -84,081 40 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 41 42 43 44 45 182 -13 199 -4 13 -1 12 2 85 0 88 -3 56 0 48 8 11 0 10 1 17 0 13 4 19 0 16 3 0 0 0 0 9 0 8 1 64 -101 158 7 -7 -47 23 17 24 -7 38 -7 61 -2 58 5 15 -2 15 2 20 0 20 0 46 47 48 49 -2,200 -4,211 4,790 -809 -1,970 1,928 -2,336 -1,673 -399 6,336 1,667 -282 2,765 63 -879 2,588 -7,449 11,939 -278 -1,624 -2,208 -2,153 862 186 -1,103 1,079 -1,078 1,087 613 457 -6,496 -1,637 -5,627 45 723 -903 -916 140 73 -200 39 -512 198 -56 409 -5,046 -10,330 8,265 -321 -2,660 -1,309 -1,711 1,386 -32 -952 241 -3,885 686 369 3,071 -78,354 -27,252 -50,477 40,073 -40,698 24,403 538 -22,609 -35,283 81,757 -84,101 -5,308 -2,107 36,425 -113,111 50 51 52 53 54 -13,750 -13,123 (18) 18,972 (18) (18) (18) (18) -3,841 (18) (18) (18) (18) 6,844 (18) 3,555 (18) n (18) (18) 31,661 (18) (18) (18) (18) 55 H (18) (18) (18) -58,713 (18) (18) (18) (18) 21,132 H (18) (18) (18) 5,708 (18) n H (18) -1,426 (18) (18) (18) (18) 2,905 ( 1) 8 (18) (18) 520 (18) (18) (18) (18) 18,220 (18) (18) (18) -21,715 (18) (18) (18) (18) H (18) (18) 49 (18) (18) 14 (18) (18) 18 (18) (18) -3 (18) -2 (18) (18) 0 H (18) 0 (18) (18) 0 (1 ) S (18) 206 (18) (18) 36 (18) (18) 15 (18) (18) -1 (18) (18) 0 (’8) (18) (18) (18) n (18) 0 (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (1 ) 8 (1S ) 56 57 58 59 60 61 62 1,591 (18) 457 (18) -610 (18) 2,200 (18) 606 (18) -691 (18) 167 (18) -249 ('8) 965 (18) 703 n.a. -480 '“ -21,346 369 n.a. -1,091 ' “ 17,497 231 n.a. -1,421 18-3,257 -1,516 n.a. -1,042 '“ 10,095 23 n.a. 154 18176 -173 n.a. -921 '“ -83 1,283 n.a. (18) -35 (18) 114 n.a. (18) 1,481 (18) 1,265 n.a. -3 ' “-14,856 -149 (’8) 3,557 n.a. (18) 22,037 (18) 2,167 n.a. -296 18-17,261 739 (18) 97 n.a. -145 ' “ 2,864 -111,443 n.a. (18) -3,910 n.a. (18) -49,226 n.a. (18) ’“ 14,606 181,496 ' “ 5,614 1 30,694 8 1 34,090 8 1 69,393 8 63 64 65 66 67 68 69 n -1,632 n 5,615 n 15,561 n 50,164 n 23,789 n 12,363 n 5,183 n.a. -143 n.a. n.a. 10,475 n.a. 70 6,816 n 36,641 -18,405 -1,780 -7,586 114,208 -72,424 56,925 71 2,347 7,440 9,787 8,863 -1,245 17,405 1,338 1,992 3,330 2,579 -340 5,569 1,067 1,882 2,950 1,809 -357 4,402 -67,254 8,180 -59,074 514 -13,114 -71,674 -16,919 2,381 -14,539 134 -3,320 -17,725 -13,113 2,559 -10,555 -792 -3,385 -14,732 -38,814 3,997 -34,817 1,155 -70 -33,733 -13,382 1,139 -12,244 296 -36 -11,984 -5,186 1,111 -4,075 299 -32 -3,808 7,552 5,560 13,112 5,364 -13,217 5,259 1,284 1,292 2,576 1,271 -3,486 360 2,495 1,755 4,250 920 -3,539 1,631 4,827 -2,872 1,955 25,009 -4,167 22,797 1,144 -689 455 6,245 -830 5,870 1,458 -1,036 422 6,525 -924 6,023 72 73 74 75 76 77 H n (18) (18) (D) (D) -783 -204 -192 (D) (D) (D) (D) H 90 (18) (") 0 ( '“) (18) (18) 48 U.S. International Transactions April 2009 Table 12. U.S. International [Millions Asia and Pacific Line (Credits +; debits - ) 1 Australia 2008 China 2008 2008 p 2008 p IV p III' Hong Kong 2008 2008 2008 p III ' IV p 2008 p III 1 IV p I II r IV p Current account 1 Exports of goods and services and income receipts........................................ 2 Exports of goods and services............................................................................ 581,939 152,779 129,666 51,955 13,764 12,169 96,261 24,791 21,941 37,128 9,852 468,420 123,924 104,639 35,019 9,270 8,328 87,380 22,589 20,173 27,813 7,463 6,076 3 Goods, balance of payments basis 2............................................................... 332,697 88,057 72,151 22,189 18,219 16,449 21,597 5,825 4,642 Services 3....................................................................................................... Transfers under U.S. military agency sales contracts4................................ 135,723 4,305 35,867 918 32,488 958 12,831 741 5,101 3,227 88 71,289 4 5 5,876 3,394 84 16,091 0 4,370 0 3,724 0 6 7 8 Travel.......................................................................................................... Passenger fares.......................................................................................... Other transportation.................................................................................... 27,628 7,376 20,492 8,014 2,015 5,456 5,946 1,823 4,502 3,052 760 457 904 209 123 701 195 115 2,636 913 3,052 830 272 817 493 209 654 6,216 O 538 175 1,762 1,638 (*) 164 44 487 1,435 n 103 43 363 9 10 11 Royalties and license fees 5........................................................................ Other private services 5............................................................................... U.S. government miscellaneous services................................................... 21,013 54,445 463 5,280 14,074 110 5,594 13,545 120 2,439 5,359 23 635 1,433 5 693 1,428 8 2,283 7,176 31 614 1,829 8 646 1,715 7 598 3,131 13 159 782 2 171 751 3 12 13 14 15 16 17 Income receipts................................................................................................... Income receipts on U.S.-owned assets abroad............................................... Direct investment receipts........................................................................... Other private receipts.................................................................................. U.S. government receipts............................................................................ Compensation of employees........................................................................... 16,936 16,907 7,457 9,411 39 29 -25,843 4,494 4,487 2,030 2,457 0 7 3,841 3,834 1,547 2,248 39 7 9,315 9,241 6,464 2,773 4 75 2,389 2,370 1,655 713 2 19 1,788 1,769 1,102 667 0 19 7,864 18 imports of goods and services and income payments...................................... 113,519 28,855 25,028 113,102 28,750 24,922 67,639 17,520 13,344 44,792 11,138 11,206 671 92 372 418 105 105 -978,330 -260,032 -236,034 -7,174 8,881 2,202 1,769 8,842 2,192 1,759 6,229 1,557 1,145 2,567 620 607 46 15 7 39 10 10 -4,908 -399,922 -112,212 -103,496 -21,013 -5,307 -4,997 19 Imports of goods and services............................................................................ -830,540 -222,720 -203,232 -17,642 -4,808 -4,207 -347,889 -98,770 -89,928 -14,199 20 Goods, balance of payments basis 2............................................................... -729,263 -197,222 -178,079 -10,559 -3,056 -2,440 -337,970 -96,204 -87,424 -6,520 -3,605 -1,834 -1,503 21 22 Services 3........................................................................................................ Direct defense expenditures........................................................................ -101,277 -7,329 -25,498 -2,044 -25,153 -1,766 -7,083 -175 -1,752 -39 -1,768 -40 -9,919 -15 -2,566 -A -2,504 -3 -7,679 -9 -1,771 -2 -1,832 -3 23 24 25 Travel.......................................................................................................... Passenger fares.......................................................................................... Other transportation.................................................................................... -17,728 -11,204 -24,649 -4,037 -2,794 -6,550 -4,603 -2,854 -5,670 -1,405 -1,048 -350 -291 -290 -65 -359 -267 -85 -2,378 -711 -3,765 -570 -184 -1,008 -629 -199 -863 -1,390 -1,937 -1,861 -260 -469 -492 -405 -441 -440 26 27 28 Royalties and license fees 5........................................................................ Other private services 5............................................................................... U.S. government miscellaneous services................................................... -8,007 -31,642 -717 -1,794 -8,106 -172 -1,969 -8,109 -181 -476 -3,560 -68 -119 -929 -19 -127 -872 -18 -162 -2,850 -37 -47 -744 -9 -45 -755 -11 -48 -2,393 -41 -14 -524 -10 -12 -520 -10 29 30 31 32 33 34 Income payments................................................................................................ Income payments on foreign-owned assets in the United States..................... Direct investment payments........................................................................ Other private payments............................................................................... U.S. government payments......................................................................... Compensation of employees........................................................................... -147,790 -146,577 -10,381 -38,461 -97,735 -1,213 -37,313 -37,105 -2,880 -9,926 -24,299 -208 -32,802 -32,420 1,002 -9,705 -23,717 -382 -8,202 -8,183 -3,565 -3,616 -1,002 -19 -2,367 -2,363 -1,220 -899 -244 -4 -700 -695 400 -878 -217 -5 -52,033 -51,602 -90 -5,684 -45,828 -431 -13,442 -13,353 -23 -1,505 -11,825 -90 -13,569 -13,445 -22 -1,450 -11,973 -124 -6,814 -6,795 -257 -4,150 -2,388 -19 -1,702 -1,700 -77 -1,095 -528 -2 -1,661 -1,655 -72 -1,094 -489 -6 35 Unilateral current transfers, net........................................................................... 36 U.S. government grants4.................................................................................... 37 U.S. government pensions and other transfers................................................... 38 Private remittances and other transfers 6............................................................ -22,423 -8,339 -937 -13,147 -5,269 -1,616 -237 -3,416 -5,448 -2,126 -235 -3,086 -97 -1 -87 -9 -16 0 -21 5 -59 0 -22 -37 -2,707 -12 -8 -2,687 -712 -4 -2 -706 -671 -4 -2 -665 -64 0 -12 -52 -22 0 -3 -19 -12 0 -3 -9 -1,088 -276 -280 -30 -8 —8 -185 -47 -48 -22 -6 -6 -92,119 3,362 -79,143 -25,993 2,406 -3,994 11,692 6,299 1,632 14,326 1,546 4,879 -142 0 -40 0 -32 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ^10 -32 -22,842 0 0 -22,842 -10,000 0 0 -10,000 -12,836 0 0 -12,836 117 0 117 0 45 0 36 9 17 0 21 -4 9 0 9 0 1,537 -3,542 8,811 890 -4,622 (*) 0 0 (*) 4,878 1,979 1,505 -681 2,075 -3,335 Capital account 39 Capital account transactions, net........................................................................ Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow (-))......................................................................................................... 41 42 43 44 45 U.S. official reserve assets.................................................................................. Gold 7............................................................................................................. Foreign currencies........................................................................................... -142 46 47 48 49 U.S. government assets, other than official reserve assets................................. U.S. credits and other long-term assets.......................................................... Repayments on U.S. credits and other long-term assets 8.............................. U.S. foreign currency holdings and U.S. short-term assets.............................. -155,418 -321 794 -155,891 50 51 52 53 54 U.S. private assets.............................................................................................. Direct investment............................................................................................. Foreign securities............................................................................................ U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns U.S. claims reported by U.S. banks, not included elsewhere........................... 63,441 -42,423 49,682 8,662 47,520 42,867 -7,532 28,285 1,527 20,587 37,111 -5,103 15,968 -2,530 28,776 -3,152 -2,883 -11,689 1,997 9,423 12,406 -1,152 7,823 359 5,376 8,842 1,390 1,273 -1,690 7,869 11,575 -16,289 11,696 27 16,141 6,254 -3,186 240 27 9,173 1,615 -8,216 1,690 209 7,932 23 0 23 (*) 14,302 -4,278 13,633 6,963 -2,016 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+))........................................................................... 418,583 -39,465 -116,222 -21 -225 153 290 -39,597 -116,287 607,084 127,737 177,894 28,873 -6,453 8,324 130,481 101,479 22,515 14,301 -835 56 57 58 59 60 61 62 Foreign official assets in the United States......................................................... U.S. government securities............................................................................. U.S. Treasury securities 9............................................................................ O ther,0....................................................................................................... Other U.S. government liabilities 11................................................................. U.S. liabilities reported by U.S. banks, not included elsewhere........................ Other foreign official assets 12......................................................................... 381,177 (1 ) 7 (” ) n 4,712 113,680 (1 ) 7 (,7) (") 732 84,180 (1 ) 7 (1 ) 7 H 1,631 (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (16) (18) (18) (18) 63 64 65 66 6/ 68 69 Other foreign assets in the United States............................................................ Direct investment............................................................................................. U.S. Treasury securities.................................................................................. U.S. securities other than U.S. Treasury securities......................................... U.S. currency................................................................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns U.S. liabilities reported by U.S. banks, not included elsewhere........................ 225,907 45,054 (,7) 2,793 n.a. (1 ) 7 100,277 (1) 7 ( 17) ( 17) n ( ,7) (1) 7 14,057 1,935 (1 ) 7 -32,510 n.a. C7) 40,101 93,714 8,942 (1 ) 7 2,850 n.a. ( ,7) 42,218 (,8) (,8) n (18) (18) (.8) (18) (18) 170 123 244 (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) 0 0 0 -3 0 0 (,e) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) n n (18) (18) 11,700 1,608 671 362 124 -59 (18) (18) (18) (18) (18) (18) 527 n.a. 218 1816,258 -2,362 n.a. -162 18— 5,660 n n n -1,472 -6,934 -1,424 -18,795 n.a. n.a. n.a. n.a. 77 3,899 642 -633 ,88,804 1 433,117 18136,649 18103,595 8 (19, (18) n (1 ) S (18) (18) (18) 1,195 n 6,713 n.a. -2,080 1816,690 495 19 (18) (18) 755 n.a. 67 1812,984 1,990 n.a. -408 18-2,436 (18) 70 Financial derivatives, net...................................................................................... n.a. -891 n.a. n.a. 1,758 71 Statistical discrepancy (sum of above items with sign reversed)M ................. -95,063 -17,409 13,344 -28,864 -4,277 n.a. H -11,525 -123,722 -48,600 (") -20,836 n -52,870 n -20,364 H -6,893 -396,565 -109,165 -105,928 34,445 10,369 7,335 -362,120 -98,796 -98,593 -34,270 -8,458 -7,775 -22,423 -5,269 -5,448 -418,814 -112,523 -111,815 11,629 5,748 17,377 8,735 -97 26,015 2,820 1,642 4,462 2,128 -16 6,574 2,661 -266,681 1,460 6,172 4,121 -260,509 3,141 -43,152 -2,707 -59 7,203 -306,368 -77,985 1,804 -76,181 -11,240 -712 -88,133 -70,975 1,220 -69,755 -11,800 -671 -82,226 15,076 -1,463 13,614 2,502 -64 16,051 3,992 -133 3,858 687 -22 4,522 3,138 -397 2,741 126 -12 2,855 72 73 74 75 76 77 Memoranda: Balance on goods (lines 3 and 20).......................................................................... Balance on services (lines 4 and 21)...................................................................... Balance on goods and services (lines 2 and 19).................................................... Balance on income (lines 12 and 29)...................................................................... Unilateral current transfers, net (line 35)................................................................. Balance on current account (lines 1,18, and 35 or lines 74,75, and 7 6 )13............ See the footnotes on pages 52-53. April 2009 Su r v e y 49 C u r r e n t B u sin ess of Transactions, by Area—Continues of dollars] India Japan 2008 Korea, Republic of 2008 2008 p 2008 p IV III r 2008 2008 p III r p IV Taiwan Singapore 2008 2008 o III ' p IV Other Asia and Pacific 2008 2008 2008 f III r p Line 2008 p IV p IV p III' III ' IV p 32,442 9,492 6,809 135,997 35,092 32,057 56,681 14,929 11,980 57,271 14,374 12,982 37,203 10,018 6,937 77,000 20,467 16,927 1 29,173 8,707 6,014 108,585 28,533 25,440 49,403 12,986 10,626 37,073 9,221 8,177 33,347 9,013 6,360 60,626 16,141 13,445 2 18,627 5,875 2,832 9 3,900 65,348 34,209 5,917 25,169 6,698 4,473 45,727 12,283 9,970 3 10,823 139 15,195 1,065 7,083 3,543 205 6,957 43,238 510 9,005 3,982 196 28,543 2,114 10 17,318 11,215 133 14,617 10,546 39 8,530 160 2,264 33 2,261 34 8,178 766 2,315 211 1,887 221 14,899 1,024 3,858 252 3,475 260 4 5 3,050 1,302 636 881 343 180 495 248 118 11,285 3,795 4,458 3,142 1,020 1,187 2,715 1,028 980 2,697 121 3,520 803 38 910 538 25 837 556 6 1,051 129 1 288 144 1 238 1,118 44 2,939 388 16 777 180 6 609 2,696 260 2,618 773 72 687 577 68 588 6 7 8 1,079 4,380 59 266 1,138 15 291 937 15 7,444 15,589 157 1,814 3,884 36 1,926 3,993 42 3,058 4,693 40 776 1,251 8 798 1,127 12 2,040 4,684 33 504 1,300 8 521 1,314 8 870 2,413 28 221 696 6 1,202 7,020 79 291 1,762 21 317 1,648 17 9 10 11 3,269 3,251 1,685 1,551 15 19 795 790 407 380 3 5 27,412 27,326 9,287 17,701 338 86 6,558 6,537 2,132 4,366 39 22 6,617 6,596 1,726 4,642 228 22 7,277 7,253 3,748 3,497 8 24 1,943 1,937 1,131 805 1 6 3,856 3,836 2,123 1,713 0 20 1,004 999 584 415 0 5 16,375 16,282 12,489 3,572 221 93 4,327 4,303 3,396 878 29 23 3,482 3,459 2,416 953 90 23 12 13 14 15 16 17 -222,398 -54,718 -49,610 -63,680 -16,724 -27,543 5,153 5,144 4,627 517 0 8 -6,944 4,805 4,796 4,323 473 0 8 -9,935 1,354 1,348 536 807 5 6 -14,471 20,198 20,164 18,157 2,007 0 33 -39,892 785 780 407 367 6 5 -10,134 -6,289 -49,711 -12,940 231 631 9 577 572 143 429 0 5 -11,684 -128,329 -33,877 -30,644 18 -37,883 -9,662 -9,416 -166,937 -41,114 -38,132 -57,453 -15,134 -13,387 -21,030 -5,347 -4,793 -44,399 -11,650 -10,525 -123,109 -32,629 -29,507 19 -25,743 -6,693 -6,214 -139,677 -34,321 -31,481 -48,066 -12,487 -11,216 -15,892 -3,918 -3,504 -36,499 -9,718 -8,611 -108,337 -28,991 -25,687 20 -12,140 -14 -2,970 -5 -3,203 -5 -27,259 -1,831 -6,793 -464 -6,652 -450 -9,387 -2,303 -2,647 -685 -2,170 -505 -5,138 -784 -1,429 -284 -1,289 -150 -7,900 -212 -1,932 -29 -1,915 -60 -14,772 -1,986 -3,638 -532 -3,820 -550 21 22 -2,320 -277 -398 -392 -106 -108 -667 -50 -89 -3,855 -1,489 -7,132 -1,024 -356 -1,934 -927 -433 -1,657 -1,178 -1,597 -3,273 -349 -455 -869 -254 -363 -760 -459 -344 -1,272 -100 -76 -335 -111 -99 -288 -1,081 -1,789 -4,062 -241 -412 -1,043 -253 -464 -927 -3,662 -2,012 -2,535 -810 -446 -695 -998 -538 -561 23 24 25 -90 -9,011 -30 -25 -2,327 -7 -24 -2,361 -7 -6,930 -5,885 -138 -1,492 -1,493 -30 -1,662 -1,492 -30 -63 -949 -24 -21 -262 -6 -22 -259 -7 -89 -2,168 -22 -28 -601 -5 (D) -22 -183 -3 -26 -182 -4 -90 -4,143 -344 -26 -1,045 -83 -1,056 (D) -61 -683 -13 (D) -611 (D) 26 27 28 -2,009 -1,771 -897 -394 -480 -238 -472 -436 -225 -102 -109 -36 -519 -440 -223 -94 -123 -79 -55,461 -55,330 -5,447 -15,401 -34,482 -131 -13,604 -13,581 -1,235 ^,001 -8,345 -23 -11,478 -11,437 526 -4,054 -7,909 -41 -6,227 -6,065 180 -1,965 -4,280 -162 -1,591 -1,567 -16 -499 -1,052 -24 -1,084 -1,030 271 -401 -900 -54 -6,513 -6,504 -309 -4,681 -1,514 -9 -1,597 -1,596 -73 -1,178 -345 -1 -1,495 -1,492 -18 -1,140 -334 -3 -5,312 -5,250 66 -1,259 -4,057 -62 -1,290 -1,282 1 -316 -967 -8 -1,159 -1,137 150 -306 -981 -22 -5,220 -5,078 -63 -1,311 -3,704 -142 -1,248 -1,227 -12 -331 -884 -20 -1,137 -1,090 -11 -288 -791 -47 29 30 31 32 33 34 -2,818 -103 -23 -2,692 -742 -33 -6 -703 -595 -16 -6 -573 -153 0 -274 121 26 0 -69 95 41 0 -69 110 -665 0 -60 -605 -216 0 -15 -201 -113 0 -15 -98 3 0 -4 7 -3 0 3 0 -98 -1 -2 4 -465 -1 -8 -456 -151 -1 -2 -149 -2 -96 -15,457 -8,223 -461 -6,773 -3,433 -1,579 -118 -1,736 -3,943 -2,106 -115 -1,722 35 36 37 38 -206 -52 -54 3 1 1 -35 -9 -9 (*) (*) (*) -34 -9 -9 -578 -147 -148 39 -176 -1,377 925 -94,147 -9,845 -77,818 9,368 8,333 -7,544 2,981 -904 1,331 -1,456 -286 -55 -8,714 -2,810 1,502 0 0 0 0 0 0 -142 0 -40 0 -32 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -142 -40 -32 40 41 42 43 44 45 75 0 82 -7 20 0 28 -10,534 -220 37 -10,351 19,902 -2,747 6,091 -29 16,587 11 0 6 5 8,322 -898 3,363 -16 5,873 -10,550 -220 21 -10,351 3,006 -191 403 203 2,591 6 0 0 6 2,975 -7,967 12,919 584 -2,561 (*) (*) O 0 0 0 0 0 0 (*) (*) (*) (*) 216 -5 220 1 46 47 48 49 -905 -2,644 1,292 -32 » 479 1,331 -1,611 4,489 767 -2,314 -1,456 -3,475 1,842 244 -67 -286 -375 729 77 -717 -55 -1,837 573 99 1,110 450 -101 535 16 -9,164 -6,580 -7,760 724 4,452 56 -21 77 28,709 4,218 18,338 -1,890 8,043 -93,090 0 0 -93,090 15,304 2,688 5,264 -1,776 9,128 1 0 0 1 905 -575 828 144 508 -29,622 0 0 -29,622 19,817 5,513 7,625 45 6,634 O — 8 -122,714 0 0 -122,714 -251 -2,423 4,612 42 -2,482 35 0 25 10 -1,412 -503 1,135 -69 -1,975 -2,866 -745 -2,733 246 366 1,286 1,271 -57 195 -123 50 51 52 53 54 15,776 3,288 11,647 133,690 9,858 -10,673 17,674 13,940 3,946 12,433 9,381 55 P) 56 57 58 59 60 61 62 n n (18) P) 289 n n P) 1,943 P) 1,336 n.a. -174 1812,382 39,846 -43,532 p> n n (18) (18) (18) (18) (,8) (18) (18) (18) (18) (18) (18) p) (18) (.8 ) (18) (18) (18) 70 31 242 -21 (18) (18) n P) 341 P) -97 n.a. -10 1 2,984 8 (1) 8 P) 214 (18) -28 n.a. -56 1811,486 (1) 8 (18) (18) (18) n 0 0 n -22,053 1,192 -15,347 (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) P) P) 16,047 -1,662 (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) P) (18) (18) (18) (18) (18) -286 -1 -41 62 57 23 P) 209 (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) (18) 29,943 7,869 (18) (18) ( ’8) 17,478 n.a. 296 1 85,731 8 -13,790 n.a. 1,429 1 21,686 8 4,605 n.a. -1,336 1 28,630 8 (*) (18) P) 78 P) P) 554 (18) 0 (18) 11 P) 85 (18) (18) (18) 493 1,211 (18) (18) (18) (18) (18) (18) P) P) (18) (18) (18) (18) (18) (18) (18) (18) (18) 279 -103 (18) (18) P) -567 -35 -1,678 n.a. n.a. n.a. 380 398 -156 18— 43,488 18— 10,243 18-20,457 -156 -792 128 107 -46 -144 63 -87 (18) (18) (18) (18) (18) (18) (18) (18) -6,634 n.a. -9,509 n.a. 1,835 n.a. (18) (18) 1 7,920 8 1s— 5,103 1815,688 2,832 n.a. -377 1611,169 676 n.a. -86 1 3,391 8 -215 n.a. -88 1812,795 -629 n.a. P) ,s 12,584 -682 n.a. (18) (18) P) (19) P) (18) 4,029 P) P) P) -260 (18) (18) (18) (18) (18) (18) ,8-1,386 l88,966 63 64 65 66 67 68 69 P) -33 P) -763 n.a. P) -5,126 n.a. -2,784 n.a. 55,483 P) -33,904 P) 8,825 -25,701 P) 522 P) -577 P) -7,523 70 22,371 P) 32,211 n.a. 47,007 P) 4,360 135 -8,797 P) 41,863 n.a. -475 60,031 21,327 6,925 71 -7,116 -1,594 -8,710 1,260 -2,818 -10,267 -817 -138 -955 313 -742 -1,384 -2,313 -1,089 -3,402 276 -595 -3,722 -74,330 15,978 -58,351 -28,049 -153 -86,553 -17,003 4,422 -12,581 -7,046 26 -19,601 -16,863 4,171 -12,692 -4,860 41 -17,511 -13,857 5,808 -8,049 1,050 -665 -7,664 -3,482 1,335 -2,147 352 -216 -2,011 -4,133 1,372 -2,761 269 -113 -2,604 12,651 3,392 16,043 13,685 3 29,731 3,039 835 3,874 3,556 -3 7,427 2,413 972 3,384 3,309 3 6,696 -11,329 277 -11,052 -1,455 -465 -12,973 -3,020 383 -2,637 -286 -151 -3,074 -4,138 -27 -4,166 -582 -98 -4,846 -62,610 127 -62,483 11,155 -15,457 -66,786 -16,709 220 -16,488 3,079 -3,433 -16,843 -15,717 -346 -16,063 2,346 -3,943 -17,661 72 73 74 75 76 77 n n 50 U.S. International Transactions April 2009 Table 12. U.S. International [Millions Middle East Line Africa (Credits +; debits - ) 1 2008 2008 2008» 2008 p IV p III r IV I II ' p Current account 1 Exports of goods and services and income receipts........................................ 87,762 23,065 23,095 48,682 13,411 11,415 2 Exports of goods and services............................................................................ 76,367 20,015 20,909 39,861 11,018 9,879 3 Goods, balance of payments basis 2............................................................... 55,192 14,227 15,751 28,240 7,867 7,132 4 5 Services3....................................................................................................... Transfers under U.S. military agency sales contracts 4................................ 21,175 4,627 5,788 1,131 5,158 1,163 11,621 971 3,151 220 2,748 217 6 7 8 Travel.......................................................................................................... Passenger fares.......................................................................................... Other transportation.................................................................................... 2,839 455 3,055 1,036 167 794 537 89 674 1,693 431 1,317 589 151 357 339 88 313 9 10 11 Royalties and license fees 5........................................................................ Other private services 5 ............................................................................... U.S. government miscellaneous services................................................... 1,036 9,087 76 265 2,375 20 290 2,384 22 850 6,283 75 197 1,617 20 216 1,557 17 12 13 14 15 16 17 Income receipts................................................................................................... Income receipts on U.S.-owned assets abroad............................................... Direct investment receipls Other private receipts.... U.S. government receipts Compensation of employees 11,395 11,292 8,985 2,254 53 104 3,050 3,023 2,447 560 16 26 2,187 2,161 1,627 523 11 26 8,821 8,742 6,585 1,783 374 79 2,393 2,373 1,663 438 272 20 1,536 1,516 1,099 387 30 20 18 Imports of goods and services and income payments...................................... -143,782 -42,084 -28,983 -121,912 -34,883 -22,189 19 Imports of goods and services............................................................................ -132,520 -39,235 -26,380 -119,975 -34,393 -21,763 20 Goods, balance of payments basis 2............................................................... -111,152 -33,697 -21,186 -113,490 -32,575 -20,198 21 22 Services 3........................................................................................................ Direct defense expenditures........................................................................ -21,367 -13,765 -5,539 -3,571 -5,194 -3,409 -6,485 -431 -1,817 -105 -1,565 -96 23 24 25 Travel................. Passenger fares. Other transportation -1,887 -1,133 -1,488 -471 -309 -413 -409 -216 -366 -2,333 -419 -561 -688 -118 -153 -515 -92 -134 26 27 28 Royalties and license fees 5 Other private services 5............................................................................... U.S. government miscellaneous services................................................... -238 -2,604 -253 -74 -632 -69 -72 -660 -62 -31 -2,445 -265 -5 -676 -72 -6 -652 -70 29 30 31 32 33 34 Income payments................................................................................................ Income payments on foreign-owned assets in the United States..................... Direct investment payments........................................................................ Other private payments............................................................................... U.S. government payments Compensation of employees -11,262 -11,205 1,082 -6,224 -6,063 -57 -2,849 -2,840 194 -1,641 -1,393 -9 -2,603 -2,584 352 -1,546 -1,390 -19 -1,937 -1,845 -34 -794 -1,017 -92 ■490 -478 -22 -194 -262 -13 -427 -395 -5 -142 -248 -31 35 Unilateral current transfers, net 36 U.S. government grants 4..... 37 U.S. government pensions and other transfers................................................... 38 Private remittances and other transfers6............................................................ -11,580 -9,797 -155 -1,628 -2,242 -1,846 -31 -365 -3,244 -2,847 -39 -358 -9,412 -6,100 -32 -3,280 -2,441 -1,303 -8 -1,130 -1,017 -1,200 -8 191 -362 -91 -92 -172 -126 -18 Capital account 39 Capital account transactions, net........................................................................ Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow (-))......................................................................................................... 17,943 4,092 3,083 3,283 14,784 -381 41 42 43 44 45 U.S. official reserve assets.................................................................................. G old7............................................................................................................. 0 0 0 0 0 0 0 0 0 0 0 0 46 47 48 49 U.S. government assets, other than official reserve assets.........!....................... U.S. credits and other long-term assets.......................................................... Repayments on U.S. credits and other long-term assets 8.............................. U.S. foreign currency holdings and U.S. short-term assets.............................. 143 -25 178 -10 11 -7 31 -13 32 -5 35 2 -11 -509 530 -32 13 -325 342 -4 -13 -61 48 0 50 51 52 53 54 U.S. private assets.............................................................................................. Direct investment............................................................................................. Foreign securities............................................................................................ U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns U.S. claims reported by U.S. banks, not included elsewhere........................... 17,800 -4,474 7,704 -821 15,391 4,081 -795 2,250 -705 3,331 3,051 -468 2,238 -591 1,872 3,294 -2,837 1,777 -365 4,719 14,771 -1,101 1,773 86 14,013 -368 -2,617 637 168 1,444 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+))........................................................................... ; 76,263 15,208 13,524 5,762 -16,559 4,161 56,555 n n n 1,448 (1 ) 7 ( ,7) 19,708 757 (,7) 7,447 n.a. (,7) 421 12,978 (" ) (1 ) 7 (,7) 116 11,046 (,7) ( ,7) 2,494 n (1 ) 7 H 2,230 -1,175 n 800 n.a. (,7) 322 67 n n 2,478 -1,150 n -140 n.a. ( 1) 7 164 9,803 (1 ) 7 (") (") 241 (") (,7) -4,041 886 1,976 (1 ) 7 (1 ) 7 n 51 n n 2,185 95 H -820 n.a. ( ,7) 965 n -26,245 n 2,051 n -7,384 n.a. 137 n.a. 71 Statistical discrepancy (sum of above items with sign reversed)14................. 73,769 25,676 8,030 Memoranda: Balance on goods (lines 3 and 20).......................................................................... Balance on services (lines 4 and 21)...................................................................... Balance on goods and services (lines 2 and 19).................................................... Balance on income (lines 12 and 29)...................................................................... Unilateral current transfers, net (line 35)................................................................. Balance on current account (lines 1,18, and 35 or lines 74,75, and 7 6 )13............ -55,961 -192 -56,153 133 -11,580 -67,599 -19,469 250 -19,220 200 -2,242 -21,261 -5,435 -36 -5,471 -417 -3,244 -9,131 -85,250 5,136 -80,114 6,884 -9,412 -82,642 -24,708 1,334 -23,375 1,903 -2,441 -23,913 -13,066 1,183 -11,883 1,109 -1,017 -11,791 56 57 58 59 60 61 62 Foreign official assets in the United States U.S. government securities.......... U.S. Treasury securities 9......... O ther10.................................... Other U.S. government liabilities 1 1 U.S. liabilities reported by U.S. banks, not included elsewhere........................ Other foreign official assets 12......................................................................... 63 64 65 66 6/ 68 69 Other foreign assets in the United States............................................................ Direct investment............................................................................................. U.S. Treasury securities.................................................................................. U.S. securities other than U.S. Treasury securities......................................... U.S. currency................................................................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns U.S. liabilities reported by U.S. banks, not included elsewhere........................ 70 Financial derivatives, net...................................................................................... 72 73 74 75 76 77 See the footnotes on pages 52-53. n n n -6,476 n.a. (,7) -5,258 n 57 n n -19,053 27 n -2,577 n.a. <1 ) 7 -16,569 April 2009 Survey of 51 C u r r e n t B usin ess Transactions, by Area—Table Ends of dollars] 2008 p 2008 p IV p I II ' p IV p I II r IV p III r Line 2008 2008 2008 2008 International organizations and unallocated 2 0 Other Africa South Africa 10,209 2,653 2,657 38,472 10,758 8,758 55,812 13,977 13,905 1 8,587 2,270 2,228 31,274 8,748 7,651 4,992 1,240 1,257 2 6,480 1,739 1,700 21,760 6,128 5,432 0 0 0 3 2,107 2 531 528 (*) (*) 9,514 968 2,619 220 2,220 217 4,992 147 1,240 34 1,257 52 4 5 378 31 252 103 7 68 98 12 58 1,315 400 1,065 486 144 289 241 76 255 0 0 2,086 0 0 561 0 0 473 6 7 8 506 933 4 114 238 1 124 234 1 344 5,350 71 83 1,379 18 92 1,323 16 3 2,755 1 1 643 1 730 (*) (*) 9 10 11 1,622 1,615 493 1,112 10 8 383 381 100 281 0 2 429 427 103 319 5 2 7,199 7,127 6,092 671 364 71 2,010 1,992 1,563 157 272 18 1,106 1,088 995 68 25 18 50,820 49,226 19,238 29,879 109 1,594 12,737 12,359 4,804 7,525 30 378 12,649 12,235 4,800 7,409 26 414 12 13 14 15 16 17 18 -11,675 -3,319 -2,343 -110,237 -31,564 -19,846 -18,164 -5,249 -4,332 -11,471 -3,266 -2,315 -108,504 -31,127 -19,448 -4,966 -1,960 -9 6 4 19 -9,946 -2,831 -1,931 -103,544 -29,744 -18,267 0 0 0 20 -1,525 -5 -4 3 5 -1 -3 8 4 -1 -4,961 -4 2 6 -1,383 -104 -1,181 -9 5 -4,966 0 -1,960 0 -9 6 4 0 21 22 23 24 25 -4 4 6 -1 9 8 -111 -1 4 7 -4 8 -2 9 -9 9 -51 -2 5 -1,887 -221 -451 -541 -7 0 -1 2 4 -4 1 6 -41 -109 0 0 -3,947 0 0 -1,034 0 0 -9 3 4 -2 0 -6 8 7 -5 8 -3 -1 9 2 -1 5 -4 -1 9 0 -1 4 -11 -1,757 -208 -2 -4 8 4 -5 7 -2 -4 6 3 -5 5 -9 4 3 -4 9 -2 7 -9 0 2 -1 6 -9 -7 -1 6 -7 26 27 28 -2 0 4 -1 9 4 24 -1 3 4 -8 4 -1 0 -5 3 -51 -2 -3 3 -1 6 -2 -2 9 -2 5 -437 -4 2 7 -2 0 -161 -2 4 6 -1 0 -398 -3 7 0 -3 -1,733 -1,652 -5 9 -6 6 0 -9 3 3 -81 -2 8 -13,198 -13,198 -4,306 -8,333 -559 0 -3,289 -3,289 -1,067 -2,085 -137 0 -3,368 -3,368 -1,061 -2,173 -1 3 4 0 29 30 31 32 33 34 -915 -240 -242 -8,497 -2,202 -775 -31,047 -8,303 -8,282 -245 -8 -662 -6 4 -2 -1 7 3 -5 6 -2 -1 8 4 -5,855 -2 4 -2,618 -1,239 -6 -957 -1,144 -6 375 -5,582 -3,404 -22,061 -2,205 -4 2 0 -5,678 -1,398 -1,505 -5,379 35 36 37 38 -4 -1 -1 -168 -125 -17 1 (*) (*) 39 -2,772 -904 117 6,055 15,689 -498 -18,044 -4,698 -4,821 40 0 0 0 0 0 0 0 0 0 0 0 0 -3,579 0 -106 -3,473 226 0 -3 0 256 -2,911 0 -2 5 -2,886 41 42 43 44 45 -6 0 0 -6 -11 0 0 -11 1 0 0 1 -5 -5 0 9 530 -2 6 24 -325 342 7 -1 4 -61 48 -1 -1,024 -1,046 2 20 -2 5 -2 5 0 0 -5 -2 5 0 20 46 47 48 49 -2,766 -2 7 3 -2,150 -9 4 -249 -8 9 3 97 -506 4 -488 116 -166 258 -3 5 59 6,060 -2,564 3,927 -271 4,968 15,665 -1,197 2,279 82 14,501 -4 8 4 -2,451 379 203 1,385 -13,441 -19,238 504 130 5,163 -4,899 -4,804 415 203 -7 1 3 -1,905 -4,800 1,441 7 1,447 50 51 52 53 54 -396 (18) -1,231 -1,122 (18) (18) (18) (18) 6,159 (18) (18) -15,328 (18) (18) (18) 5,283 (18) (18) (18) (18) 39,176 6,566 32,043 55 0 241 352 0 0 0 352 0 0 280 0 0 0 280 0 0 6 0 0 0 6 0 0 56 57 58 59 60 61 62 H n -1 5 3 398 38,824 4,306 6,286 1,067 270 35,023 5 18-7 8 0 160 5,845 0 18-786 32,037 1,061 (1) S 285 29,862 7 1 822 8 63 64 65 66 67 68 69 n (18) n n ('8) n n 0 H n n 489 (18) 0 (18) n n 43 (18) (D) -3 3 (D) (18) (18) (18) ( ’6) (18) (16) (18) H n 57 (18) (18) (18) (D) -109 (D) 51 (18) (18) n -1 6 248 (18) (18) 354 140 17 -6,830 -2,717 -8 3 7 n.a. n.a. n.a. -6 18— 1,233 0 18-1,414 -2 2 18-9 6 4 n.a. n n.a. (18) n.a. (18) 1812,350 18-12,652 1 5,821 8 (,9) n.a. 137 (18) (18) n 5,552 n.a. n.a. -98 n.a. 70 3,042 934 68,216 22,635 7,096 -27,733 -2,196 -28,513 71 -3,466 583 -2,883 1,418 -9 1 5 -2,380 -1,092 97 -9 9 6 330 -2 4 0 -9 0 5 -231 144 -8 7 401 -242 72 -81,784 4,553 -77,231 5,466 -8,497 -80,262 -23,616 1,237 -22,379 1,573 -2,202 -23,008 -12,836 1,039 -11,797 708 -775 -11,863 0 26 26 37,622 -31,047 6,601 0 -720 -7 2 0 9,448 -8,303 426 0 293 293 9,281 -8,282 1,291 72 73 74 75 76 77 n 52 U.S. International Transactions April 2009 Footnotes to U.S. International Transactions Tables 1-12 General notes for all tables: p Preliminary. r Revised. 0 Transactions are possible, bu t are zero for a given period. (* ) Transactions are less than $ 5 00,0 00(±). D Suppressed to avoid disclosure o f data o f individual co m p a nies. n.a. Transactions are possible, b u t data are n o t available...............N ot applicable, o r for data periods 1 9 6 0 -1 9 9 7 , transactions that are 0, “n o t avail able,” o r “n o t applicable.” Q uarterly estim ates are n o t annualized and are expressed at quarterly rates. Table 1: 1. C redits, + : Exp orts o f goods and services and in com e receipts; unilateral curren t transfers to the United States; capital accoun t transactions receipts; financial inflows— increase in foreign-ow ned assets (U.S. liabilities) or decrease in U.S.-ow ned assets (U.S. claim s). Debits, Im ports o f goods and services and incom e paym ents; unilateral cu rren t transfers to foreigners; capital acco u n t transactions paym ents; finan cial outflows— decrease in foreign-ow ned assets (U.S. liabilities) or increase in U.S.-ow ned assets (U.S. claim s). 2. Excludes exports o f goods under U.S. m ilitary agency sales con tracts identified in Census exp o rt d ocu m en ts, excludes im ports o f goods under direct defense expenditures identified in Census im p o rt docu m en ts, and reflects various other adjustm ents (for valuation, coverage, and tim ing) of Census statistics to balance o f paym ents basis; see table 2. 3. Includes som e goods: M ainly m ilitary equipm ent in line 5; m ajor equip m ent, other m aterials, supplies, and petroleum products purchased abroad by U.S. m ilitary agencies in line 2 2; and fuels purchased by airline and steam ship op erators in lines 8 and 25. 4. Includes transfers o f goods and services under U.S. m ilitary gran t p ro gram s. 5. Beginning in 1982, these lines are presented on a gross basis. The defini tion o f exports is revised to exclude U.S. parents’ paym ents to foreign affiliates and to include U.S. affiliates’ receipts from foreign parents. The definition o f im ports is revised to include U.S. parents’ paym ents to foreign affiliates and to exclude U.S. affiliates’ receipts from foreign parents. 6. Beginning in 1 9 82, the “other transfers” com p on en t includes taxes paid by U.S. private residents to foreign governm ents and taxes paid by private nonresidents to the U.S. Governm ent. 7. At th e present tim e, all U.S. Treasury-ow ned gold is held in the United States. 8. Includes sales o f foreign obligations to foreigners. 9. Consists o f bills, certificates, m arketable bonds and notes, and n o n m arketable convertible and nonconvertible bonds and notes. 10. Consists o f U.S. Treasury and E x p o rt-Im p o rt Bank obligations, not included elsewhere, and o f debt securities o f U.S. G overnm ent corporations and agencies. 11. Includes, prim arily, U.S. G overnm ent liabilities associated with m ili tary agency sales con tracts and other transactions arranged with o r through foreign official agencies; see table 6. 12. Consists o f investm ents in U.S. corp orate stocks and in debt securities o f private corporations and state and local governm ents. 13. Conceptually, the sum o f line 77 and line 39 is equal to “net lending or net borrow ing” in the national in com e and prod u ct accoun ts (N IPAs). H ow ever, the foreign transactions a cco u n t in the NIPAs (a) includes adjustm ents to the international transactions accoun ts for the treatm ent o f gold, (b) includes adjustm ents for the different geographical treatm en t o f transactions with U .S . territories and Pu erto R ico, and (c ) includes services furnished w ith ou t paym ent by financial pension plans except life insurance carriers and p ri vate noninsured pension plans. A reconciliation o f the balance on goods and services from the international accounts and the NIPA net exports appears in reconciliation table 2 in appendix A in this issue o f the Survey of C urrent B usi ness . A reconciliation o f the other foreign transactions in the two sets o f accoun ts appears in table 4 .3 B o f the full set o f NIPA tables. Additional footnotes for historical data in July issues o f the Survey : 14. Fo r 1974, includes extraordin ary U.S. G overnm ent transactions with India. See “Special U.S. G overnm ent Transactions,” June 197 4 S urvey , p. 27. 15. F o r 1978— 83, includes foreign curren cy-den om inated notes sold to p ri vate residents abroad. 16. Break in series. See Technical Notes in the June 1 9 8 9 -9 0 , 1 9 9 2 -9 5 , and July 1 9 9 6 -2 0 0 8 issues o f the S urvey . Table 2: cal Notes in the D ecem ber 1985 S u r v e y ) . Seasonally adjusted data reflect the application o f seasonal factors developed jointly by Census and BEA. The sea sonally adjusted data are the sum o f seasonally adjusted five-digit end-use categories (see technical Notes in the June 1980 S u r v e y , in the June 1988 S u r v e y , and in the June 1991 S u r v e y ) . Prio r to 1983, annual data are as published by the Census Bureau, except th at for 1 9 7 5 -8 0 published Census data are adjusted to include trade between the U . S . Virgin Islands and foreign co u n tries. 2. Adjustm ents in lines A5 and A 13, B 24, B 83, and B 142 reflect the Census B ureau’s reconciliation o f discrepancies between the goods statistics published by the U nited States and the cou n terp art statistics published in Canada. These adjustm ents are distributed to the affected end-use categories in section C. Beginning in 1986, estim ates for undocu m en ted exports to Canada, the largest item in the U .S.-C anad ian reconciliation, are included in Census basis data shown in line A l. 3. E xp orts o f m ilitary equipm ent under U.S. m ilitary agency sales co n tracts with foreign governm ents (line A 6 ), and direct im ports by the D ep art m ent o f Defense and the C oast Guard (line A 1 4 ), to the extent such trade is identifiable from Custom s declarations. The exports are included in tables 1 and 12, line 5 (transfers under U.S. m ilitary agency sales co n tracts); the im ports are included in tables 1 and 12, line 22 (d irect defense expenditures). 4. Addition o f electric energy; deduction o f exposed m otio n picture film for rental rather than sale; net change in stock o f U .S.-ow ned grains in storage in C anada; coverage adjustm ents for special situations in which shipments were om itted from Census data; deduction o f the value o f repairs and alter ations to foreign-ow ned equipm ent shipped to the U nited States for repair; and the inclusion o f fish exported outside o f U.S. custom s area. Also includes deduction o f exports to the P an am a C anal Zone before O ctober 1, 1979, and for 1 9 7 5 -8 2 , net tim ing adjustm ents for goods recorded in Census data in one period but found to have been shipped in another (see July issues o f the S u r v e y for historical data). 5. C overage adjustm ents for special situations in which shipm ents were om itted from Census data; the deduction o f the value o f repairs and alter ations to U .S.-ow ned equipm ent shipped abroad for repair; and the adjust m ent o f software im ports to m arket value. Also includes addition of understatem ent o f inland freight in f.a.s. values o f U.S. im ports o f goods from C anada in 1 9 7 4 -8 1 ; deduction o f im ports from the P an am a Canal Zone before O ctober 1, 1979; and for 1 9 7 5 -8 2 , n et tim ing adjustm ents for goods recorded in Census data in one period but found to have been shipped in another (see July issues o f the S u r v e y for historical data). 6. For 1 9 8 8 -8 9 , correctio n for the understatem ent o f crude petroleum im ports from Canada. 7. Annual and unadjusted quarterly data shown in this table correspond to cou n try and area data in table 12, lines 3 and 20. Trade with international organizations includes purchases o f n o n m o n etary gold from the International M on etary Fund, transfers o f tin to the International Tin C ouncil (IT C ), and sales o f satellites to Intelsat. The m em oran d a are defined as follows: M em bers o f O P EC : Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Em irates, Venezuela, beginning with the first qu arter of 2 0 0 7 , Angola, and beginning with the fourth quarter o f 2 0 0 7 , Ecuador. Table 3: 1. Royalties and license fees and “other private services” by detailed type o f service include both affiliated and unaffiliated transactions. 2. Includes royalties, license fees, and other fees associated with intangible assets, including patents, trade secrets, and other prop rietary rights, th at are used in conn ection with the p rod uction o f goods. 3. Includes royalties, license fees, and other fees associated with copyrights, tradem arks, franchises, rights to b road cast live events, software licensing fees, and other intellectual p rop erty rights. 4. O ther unaffiliated services receipts (exp orts) include m ainly film and television tape rentals and expenditures o f foreign residents tem porarily working in the United States. Paym ents (im p orts) include m ainly expendi tures o f U.S. residents tem porarily working abroad and film and television tape rentals. 5. These reflect the am ou n t o f prem ium s explicitly charged by, or paid to, insurers and reinsurers. Table 4: N o footnotes. 1. Exp orts, Census basis, represent transactions values, f.a.s. U .S . p o rt of Table 5: exportation , for all years; im ports, Census basis, represent C ustom s values 1. C om plete in stru m en t detail is only available beginning w ith 2 003. (see Technical Notes in the June 1982 Survey ), except for 1 9 7 4 -8 1 , when they 2. P rior to 2 0 0 3 , includes only dem and deposits and nonnegotiable tim e represent transactions values, f.a.s. foreign p o rt o f exportation (see July issues and savings deposits. Table 6: o f the Survey for historical d ata). Fro m 1983 forw ard, b oth unadjusted and seasonally adjusted data have been prepared by BEA from “actu al” and 1. Expenditures to release foreign governm ents from their con tractu al lia “revised statistical” m onthly data supplied by the Census B ureau (see Techni bilities to pay for m ilitary goods and services purchased th rough m ilitary sales April 2009 Survey of C u r r e n t B u sin ess con tracts— first authorized (for Israel) under Public Law 9 3 -1 9 9 , section 4, and subsequently authorized (for m any recipients) under similar legisla tion— are included in line A 4. Deliveries against these m ilitary sales contracts are included in line CIO; see footn ote 2. O f the line A 4 item s, part o f these m ilitary expenditures is applied in lines A 43 and A 46 to reduce sh ort-term assets previously record ed in lines A 41 and C 8; this application o f funds is excluded from lines C 3 and C 4. A second part o f line A 4 expenditures finances future deliveries under m ilitary sales contracts for the recipient countries and is applied directly to lines A 42 and C 9. A third p a rt o f line A 4, disbursed directly to finance purchases by recipient countries from com m ercial suppliers in the U nited States, is included in line A 37. A fourth p art o f line A 4, repre senting dollars paid to the recipient countries to finance purchases from co u n tries other than the U nited States, is included in line A 48. 2. Transactions under m ilitary sales contracts are those in which the D ep artm en t o f Defense sells and transfers m ilitary goods and services to a for eign purchaser, on a cash o r credit basis. Purchases by foreigners directly from com m ercial suppliers are not included as transactions under m ilitary sales con tracts. The entries for the several categories o f transactions related to m ili tary sales con tracts in this and other tables are partly estim ated from in co m plete data. 3. The identification o f transactions involving direct dollar outflows from the U nited States is m ade in reports by each operating agency. 4. Line A 38 includes foreign cu rren cy collected as interest and line A 43 includes foreign curren cy collected as principal, as recorded in lines A 16 and A 17, respectively. 5. Includes (a) advance paym ents to the D ep artm en t o f Defense (o n m ili tary sales con tracts) financed by loans extended to foreigners by U.S. G overn m ent agencies and (b ) the co n tra -e n try for the p a rt o f line CIO th at was delivered w ithout prepaym ent by the foreign purchaser. Also includes expen ditures o f appropriations available to release foreign purchasers from liability to m ake repaym ent. 6. Includes purchases o f loans from U.S. banks and exporters and pay m ents by the U.S. G overnm ent under com m ercial e xp o rt credit and invest m ent guarantee program s. 7. Excludes liabilities associated with m ilitary sales con tracts financed by U.S. G overnm ent grants and credits and included in line C 2. 8. Excludes transactions o f the U.S. E n rich m en t C orp oration since it becam e a non-governm ent entity in July 1998. 9. Beginning in the fourth qu arter o f 2 0 0 7 , includes drawings and repay m ents under tem p o rary reciprocal curren cy arrangem ents between the U.S. Federal Reserve System and foreign central banks th at do n o t m eet the strict definition o f U.S. reserve assets. Table 7: 1. Fo r bank affiliates, includes only interest on perm anent debt investm ent by their parent com panies. Excludes interest between financial parent com p a nies and nonbank financial affiliates. 2. Fo r bank affiliates, includes only perm anent debt investm ent by their parent com panies. Excludes intercom pany debt between financial parent com panies and nonbank financial affiliates. Table 8: 1. Beginning with 2 0 0 5 , source data for new issue estim ates are no longer separately available. New issues continue to be included in net purchases. 2. Baham as, B erm uda, British W est Indies (C aym an Islands), and N ether lands Antilles. Table 9: 1. Prio r to 2 0 0 3 , securities brokers’ claim s on and liabilities to their for eign affiliates are included in the estim ates. T hey are excluded beginning in 2 003. 2. Com plete in stru m en t detail is only available beginning with 2 003. 3. Financial interm ediaries’ accoun ts are show n under “other claim s (lia bilities)” because the m ajority o f these claim s (liabilities) are in the form o f intercom pany balances. Financial interm ediaries’ accounts represent tran sac tions between firm s in a direct investm ent relationship (th at is, between U.S. parents and their foreign affiliates or between U.S. affiliates and their foreign p arent grou ps), where both the U.S. and foreign firm s are classified in a finance industry, but the firm s are neither banks n o r securities brokers. 4. Baham as, B erm uda, British W est Indies (C aym an Islands), and N ether lands Antilles. Table 10: 1. Beginning with 2 0 0 3 , includes securities brokers’ claim s on their foreign affiliates. 2. Com plete in stru m en t detail is only available beginning with 2 003. 3. Includes foreign official agencies and international and regional organ i 53 zations. P rio r to 2 0 0 3 , also includes governm ent-ow ned corporations and state, provincial, and local governm ents and their agencies. 4. U .S.-ow ned banks include U .S.-chartered banks, Edge A ct subsidiaries, and U.S. bank holding com panies. Foreign-ow ned banks include U.S. branches and agencies o f foreign banks and m ajority-ow ned bank subsidiaries in the U nited States. Brokers and dealers m ay be U .S.-ow ned o r foreignowned. 5. C om m ercial paper issued in the U.S. m arket by foreign in corp orated entities and held in U.S. custom ers’ accounts. Excludes com m ercial paper issued through foreign direct investm ent affiliates in the United States. 6. Prior to 2 0 0 3 , includes negotiable certificates o f deposit and other nego tiable and transferable instrum ents. 7. Prior to 2 0 0 3 , includes only deposits. 8. B aham as, B erm uda, British W est Indies (C aym an Islands), and N ether lands Antilles. Table 11: 1. Beginning with 2 0 0 3 , includes securities brokers’ liabilities to their for eign affiliates. 2. C om plete instru m en t detail is only available beginning with 2 003. 3. U .S.-ow ned banks include U .S.-chartered banks, Edge A ct subsidiaries, and U.S. bank holding com panies. Foreign-ow ned banks include U.S. branches and agencies o f foreign banks and m ajority-ow ned bank subsidiaries in the U nited States. Brokers and dealers m ay be U .S.-ow ned o r foreignowned. 4. Baham as, B erm uda, British West Indies (C aym an Islands), and N ether lands Antilles. Table 12: F o r footnotes 1 -1 3 , see table 1. 14. At the global level, the statistical discrepancy represents net errors and om issions in recorded transactions. For individual countries and regions, it m ay also reflect discrepancies that arise when transactions with one cou n try o r region are settled through transactions with another cou n try or region. 15. The “European U nion” includes Belgium , D enm ark, France, Germ any (includes the form er G erm an D em ocratic Republic (E ast G erm any) begin ning in the fourth quarter o f 1 9 9 0 ), Greece, Ireland, Italy, Luxem bourg, N eth erlands, Portugal, Spain, and the United K ingdom ; beginning with the first quarter o f 1995, also includes Austria, Finland, and Sweden; beginning with the second qu arter o f 2 0 0 4 , also includes C yprus, C zech Republic, Estonia, Hungary, Latvia, Lithuania, M alta, Poland, Slovakia, and Slovenia; and begin ning with the first qu arter o f 2 0 0 7 , also includes Bulgaria and Rom ania. The “European U nion” also includes the European A tom ic Energy C om m unity, the European C oal and Steel C om m u n ity (through the third qu arter o f 2 0 0 2 ), and the European Investm ent Bank. 16. The “Euro area” includes Austria, Belgium , Finland, France, Germany, Ireland, Italy, Luxem bourg, Netherlands, Portugal, and Spain; beginning with the first qu arter o f 2 0 0 1 , also includes Greece; beginning with the first quarter o f 2 0 0 7 , also includes Slovenia; and beginning with the first qu arter o f 2008, also includes Cyprus and Malta. 17. Details n o t show n separately; see totals in lines 56 and 63. 18. Details n o t show n separately are included in line 69. 19. Estim ates o f financial derivatives for several countries are n o t available separately. Estim ates for Luxem bourg are included in O ther Euro area. Esti m ates for Argentina, Brazil, M exico, and Venezuela are included in O ther South and C entral A m erica. Estim ates for China, H ong Kong, India, Korea, Singapore, and Taiwan are included in O ther Asia and Pacific. Estim ates for South Africa are included in O ther Africa. In addition, estim ates for the M id dle East are com bined with estim ates for Asia and Pacific and included in O ther Asia and Pacific. 20. Includes, as p art o f international and unallocated, taxes withheld; cu r ren t-co st adjustm ents associated with U.S. and foreign direct investm ent; and net U.S. curren cy flows. Before 1999, also includes the estim ated direct invest m ent in foreign affiliates engaged in international shipping, in operating oil and gas drilling equipm ent internationally, and in petroleum trading. Before 1996, also includes small transactions in business services th at are not reported by country. N ote . C ou n try data are based on inform ation available from U.S. rep o rt ing sources. In som e instances, the statistics m ay n o t necessarily reflect the ultim ate foreign transactor. Fo r instance: U.S. goods exp o rt statistics reflect cou n try o f reported destination; in m any cases the goods m ay be transshipped to third countries (especially tru e for the Netherlands and G erm any). The geographic breakdown o f securities transactions reflects the cou n try with which transactions occu rred but m ay n o t necessarily reflect the ultim ate sources o f foreign funds or ultim ate destination o f U.S. funds. Get a free CD-ROM STATE PERSONAL INCOME 1929-2007 JT # October 2008« RCN-09S3 •Aegforal Income Dfytsttxi * 202.606.5360 * nsls@bea.20v '* & h o p i/ w w w ^ ^ ^ o v /r ^ o n a l/s p i/ j , The latest state estimates are now available from the Regional Economic Information System of the Bureau of Economic Analysis. This CD-ROM contains the following detailed annual estimates for all states: • Personal income by major source • Per capita personal income • Earnings by industry • Compensation by industry for 1998-2007 • Wage and salary disbursements by industry • Full- and part-time employment by industry for 1969-2007 •Wage and salary employment by industry for 1969-2007 • State economic profiles for 1958-2007 • Transfer receipts by major program • Farm income and expenses for 1969-2007 • Personal current taxes for 1948-2007 To receive your free copy, call the Regional Economic Information System at 202-606-5360, fax 202-606-5322, or e-mail reis@bea.gov. Specify product number RCN-0953. 55 April 2009 REPORT State Personal Income and More Statistics, fourth quarter of 2008 Personal income declined in 41 states in the fourth quarter of 2008.1 Earn ings, the largest component of personal income, were weak in most regions, the exception being the Southwest, where strong mining earnings lifted per sonal income 0.3 percent (see page 56). Personal income declined in the other seven Bureau of Economic Analysis (BEA) regions. Nationally, currentdollar personal income fell 0.2 percent, the first decline since the H f v : first quarter of 1994. In the third quarter of 2008, personal in come rose 0.2 percent. In this report. . . The national price index for personal consumption expendi • Fourth-quarter 2008 state personal tures fell 1.3 percent in the fourth quarter, the largest quarterly income statistics, page 56 decline on record; declining oil prices were the main contributor. •Annual personal income statistics, 2008, page 58 •A brief look at regional multipliers, page 59 •Alternative measures of personal income, page 60 For information about BEA regional statistics, go to www.bea.gov. Annual statistics, 2008 U.S. personal income growth slowed to 3.9 percent in 2008 from 6.0 percent in 2007, with all states except Alaska sharing in the slowdown. The U.S. growth was the slowest since 2003 (see page 58). Inflation, as measured by the national price index for per sonal consumption expenditures, rose to 3.3 percent in 2008, up from 2.6 percent in 2007. State growth rates ranged from 2.1 per cent in Michigan to 9.6 percent in North Dakota. Regional multipliers Regional multipliers provided by BEA can be used to estimate the economic impact of a one-time or a sustained increase in eco nomic activity in a particular region (see page 59). However, re gional multipliers differ from macroeconomic multipliers used to assess the effects of fiscal stimulus on gross domestic product. 1. Personal income is the sum of net earnings by place of residence, property income, and personal current transfer receipts. Net earnings is the sum of wage and salary disbursements, supplements to wages and salaries, and proprietors’ income less contributions for government social insurance plus an adjust ment to put place of work data on a place-of-residence basis. Ann E. Dunbar and David G. Lenze prepared the sections on personal income. Charles Ian Mead authored the regional multipliers section. The quarterly and annual state personal income statistics were prepared by Nacola A. Alexander, Michelle A. Harder, Carrie L. Litkowski, and Matthew A. von Kerczek, under the supervision of James M. Zavrel. The annual dis posable personal income statistics were prepared by Ann E. Dunbar. The tables were prepared by Alison M. Adam, H Steven Dolan, Gary V Kennedy, . and Jonas D. Wilson, under the supervision of Kathy A. Albetski. Robert L. Brown provided general guidance. 56 April 2009 Regional Quarterly Report Q u arterly State Personal Inco m e— R egional Patterns BEA regions Southwest. Personal income fell in every region except the Southwest, which grew 0.3 percent. Net earnings and property income, which are both components of per sonal income, grew in that region while declining every where else. In contrast, the transfer receipts component declined in the Southwest, while growing everywhere else. The Southwest’s results were a consequence of two factors. First, the energy-producing sector (mining) in three of the four states in that region (Oklahoma, New Mexico, and Texas) continued to expand despite falling oil prices. Second, rental income and transfer receipts for the Southwest returned to more normal levels in the fourth quarter, as the region recovered from Hurricane Ike. Hurricane Ike depressed rental income (because of uninsured losses of residential and business property) and boosted transfer receipts (net insurance settlements paid to persons) in the third quarter, particularly in Texas (see the box “Special Hurricane Ike Adjustments” in the January 2009 S u r v e y o f C u r r e n t B u s in e s s ). Other regions. In the Great Lakes and Plains regions, net earnings subtracted more from personal income growth than property income subtracted. In other words, labor market conditions were more consequential than financial market conditions. Net earnings subtracted 0.4 percent from growth in the Great Lakes and 0.6 percent in the Plains region, while property income subtracted only 0.2 percent in both regions. In the New England, Mideast, Southeast, Rocky Mountain, and Far West regions, net earnings subtracted only 0.1 percent or 0.2 percent, while property income subtracted 0.4 percent or 0.5 percent. Chart 1. Personal Income by BEA Region, 2008:IV Percent change from the preceding quarter Far West Rocky Mountain Southwest Southeast Plains Great Lakes Mideast New England -0 .6 -0 .5 -0 .3 -0 .2 -0.1 0 0.1 0.2 0.3 0.4 U.S. Bureau of Economic Analysis Chart 2. Range of Personal Income Growth for Eight BEA Regions Percent change from the preceding quarter • U.S. personal income growth « States The change in fourth-quarter state personal income ranged from a 0.9 percent rise in Alaska to a 1.8 percent fall in North Dakota. Declines in farm earnings reduced personal income growth by 0.5 percentage point or more in Nebraska, Iowa, South Dakota, and North Dakota, all of which are in the Plains Region. -0 .4 1 ... ^ <l H ! I I i I < M ......I.... I I 2005 U.S. Bureau of Economic Analysis i i I i I I I I 2006 i i 1 *1 M[ : : : = =n ' + 4 I T I I 1 ^ 2007 1 2008 1 April 2009 S urvey of C urren t B 57 u s in e s s Q uarterly State Personal Inco m e— E arnings Overview Relatively large job losses reduced net earnings 0.3 per cent nationally in the fourth quarter. However, lower in terest rates reduced property income (dividends, interest, and rent) by an even greater amount (1.7 percent). Cush ioning the decline in net earnings and property income: a rise in transfer receipts. Rising state unemployment in surance benefits contributed 0.1 percentage point to per sonal income growth while increases in other transfer receipts contributed another 0.2 percentage point. Industries The largest contributors by industry to the decline in personal income were the cyclically sensitive construc tion and manufacturing sectors as well as the trade sec tor, at both the wholesale and retail levels. Not every industry declined. Health care and professional services (such as legal, accounting, and engineering services), which typically were among the largest contributors to personal income growth during the economic expansion of 2001-2007, continued to grow in the fourth quarter. Contributions of Earnings to Percent Change in Personal Income by Industry, 2008: IV [Percentage points, seasonally adjusted] Retail trade........................................................................................... Durable-goods manufacturing.............................................................. Construction......................................................................................... Nondurable-goods manufacturing........................................................ Wholesale trade................................................................................... Farm..................................................................................................... Real estate, rental, and leasing............................................................ Accommodations and food services.................................................... Transportation and warehousing.......................................................... Management of companies.................... ............................................. Other services...................................................................................... Forestry, fishing, and related activities................................................ Administrative and waste services....................................................... Educational services............................................................................ Finance and insurance......................................................................... Arts, entertainment, and recreation..................................................... Information........................................................................................... Utilities.................................................................................................. Federal, civilian.................................................................................... Military.................................................................................................. Mining................................................................................................... State and local government................................................................. Professional and technical services..................................................... Health care and social assistance........................................................ Total..................................................................................................... -0.13 -0.11 -0.10 -0.08 -0.05 -0.04 -0.04 -0.02 -0.01 -0.01 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.03 0.03 0.06 0.09 0.11 -0.20 Note. An industry’s contribution to percent change in personal income equals the dollar change in that industry’s earnings divided by personal income in the previous quarter times 100. 58 Regional Quarterly Report April 2009 State Personal Incom e, 2008 U.S. personal income growth fell to 3.9 percent in 2008 from 6.0 percent in 2007. All states except Alaska shared in the slowdown. U.S. growth was the slowest since 2003. Inflation, as measured by the national price index for personal consumption expenditures, rose to 3.3 percent in 2008 from 2.6 percent in 2007. State growth rates ranged from 2.1 percent in Michi gan to 9.6 percent in North Dakota. The high end of the range included oil-producing states— such as Alaska, Wyoming, Oklahoma, and Texas— which benefitted from rising oil prices. Annual employment levels in 2008 in these states exceeded their 2007 levels. At the low end, personal income growth was less than the 3.3 percent inflation rate in 13 states in 2008. These states include Florida, Arizona, Michigan, and Nevada, which had among the largest percentage declines in em ployment in 2008. While much attention has focused on the direct effects of job losses on earnings and personal income growth, the weak labor and housing markets also had indirect ef fects through population growth. Changes in state popu lation growth are primarily driven by changes in net migration (the difference between in migrants and out migrants). This is because there are only two possible sources of population change: natural increase (the dif ference between births and deaths), which tends to be stable year to year, and net migration. In 2008, interstate migration declined because the inducement to move (ex panding labor markets) and the ability to move (robust housing markets) were hampered by the contracting economy (international migration was roughly con stant). As a result, state population growth rates con verged toward the national average, 0.9 percent per year from 2000 to 2008. Florida, whose population growth relies on retiree mi gration from the Mideast and Great Lakes regions, actu ally registered domestic net outmigration for the first time in its history. California, which typically has domes tic net outmigration, saw population growth rise from below the national average in 2007 to above the national average in 2008, as fewer people left the state. Per capita personal income. Personal income divided by population grew 2.9 percent nationally in 2008, down from 4.9 percent in 2007. Across states, per capita per sonal income growth rates ranged from 0.4 percent in Arizona (down from 1.7 percent) to 9.0 percent in North Dakota (down from 11.9 percent). Personal current taxes. These taxes (mainly taxes on income) fell 2.1 percent nationally (or $32 billion) in 2008 after rising 10.3 percent in 2007. The drop was ac counted for by federal income tax rebates from the Eco nomic Stimulus Act, which rebated $95 billion to taxpayers in 2008. The rebates were split between a $66 billion cut in personal current taxes and a $30 billion boost in transfer receipts (to persons with no or little in come tax liability). State and local income taxes grew 2.6 percent in 2008 after growing 7.7 percent in 2007. Disposable per capita personal income. Personal in come less personal current taxes divided by population, grew 3.8 percent nationally in 2008, down from 4.3 per cent growth in 2007. This measure represents the amount the average person has available for saving or for consumption. Across states, disposable per capita per sonal income growth rates ranged from 1.3 percent in Arizona (the same as in 2007) to 9.9 percent in North Dakota (down from 11.9 percent). Chart 3. U.S. Personal Income and Personal Current Taxes Percent change from the preceding year 20 I Personal income Personal current taxes 15 10 t li 5 0 -5 -10 -15 -2 0 1 999 U.S. Bureau of Economic Analysis 2000 2001 2002 2003 2004 2005 2006 2007 2008 April 2009 S urvey of C u r r e n t B u s in e s s 59 R egional M ultipliers: W hat A re They And How A re They Used The Bureau of Economic Analysis (BEA) makes regional multipliers available through its Regional Input-Output Modeling System (RIMS II). These multipliers allow us ers to estimate the extent to which a one-time or sus tained change in economic activity will be supplied by industries in a region. For example, gross output multi pliers may be used to estimate how much sales will in crease in a local economy during the construction of a new sports complex, as businesses supply inputs to the construction process. RIMS II multipliers differ from macroeconomic multipliers used to assess the effects of proposed fiscal policies on gross domestic product. In addition, differences in industry-specific RIMS II multi pliers are not meaningful or appropriate in the national context. RIMS II multipliers are based on fixed interindustry relationships as measured in the national input-output (I-O) accounts produced by BEA. These relationships are adjusted to reflect the industrial structure and trading patterns in local regions. These adjustments are based on assumptions about the extent to which increases in de mand for intermediate goods and services will be sup plied by local businesses.1 Thus, estimated impacts based on RIMS II multipliers are sensitive to assumptions made in regionalizing national 1-0 accounts. To illustrate, consider the construction of a sports complex in a region for which the output multiplier for the construction industry is 2.00. The multiplier indi cates that construction of a new $10 million stadium is estimated to generate $20 million in gross output, with the additional $10 million coming from the output of lo cal firms that supply inputs for the project. If the indus try data indicate that this project will require $4 million in ready-mix concrete and if the assumptions built into RIMS II indicate that only three-quarters of an increase in demand will be met by local suppliers, then the $20 million estimate is based on only $3 million in local con crete production. In other words, $1 million has been as sumed to “leak” out of the local economy to nonlocal 1. For a description of the actual assumptions used in RIMS II to adjust the industry and regional data to account for local trading patterns, see Regional Multipliers: A User Handbook for the Regional Input-Output Modeling System (RIMS II) at www.bea.gov. suppliers. However, if the assumption that local produc ers will provide $3 million worth of concrete is too high or the construction company decides to purchase fewer local supplies, then this estimate, along with the $20 mil lion estimate for the entire project, is too high. Not only are the estimated impacts sensitive to the as sumptions about local supply, but they are also sensitive to at least two other assumptions. First, the RIMS II mul tipliers assume that patterns of purchases among indus tries are fixed. One implication is that if the local industry structure has notably changed since these rela tionships were quantified, the impact analysis may be misleading. Another implication is that the results pro vide only estimates of short-term economic effects. Sec ond, the multipliers assume that excess capacity exists in a region and that local labor force is adequate to meet in creases in demand. These assumptions imply that RIMS II multipliers provide estimates that are best seen as up per bounds on the total impacts. An understanding of how RIMS II multipliers are cre ated allows users to make the most appropriate use of them. A local Chamber of Commerce may use an output multiplier to estimate how much sales will increase in the local economy during the construction of a new sports complex. A local official may also be interested in the number of jobs that will be lost in the local economy be cause of the closing of a manufacturing plant. Although a RIMS II employment multiplier can be used to provide an estimate of short-term job losses, it should be under stood that this estimate will not account for new jobs that laid-off workers may later find in the region. This last feature of impact studies based on RIMS II multipliers is one of the major differences between the use of these types of multipliers and the use of macroeconomic multipliers. Macroeconomic multipliers are based on estimates of behavioral responses to changes in the gross domestic product expenditures categories. Un like impact studies based on RIMS II multipliers that es timate the short-run effects of changes in local economic activity, macroeconomic studies based on macroeco nomic multipliers estimate the effects that changes in na tional economic activity will produce after multiple periods of spending and adjustment over the long-term. 60 Regional Quarterly Report April 2009 A lternative M easures of H ousehold Incom e Three widely used measures of household income are the Bureau of Economic Analysis measure of personal in come, the Census Bureau’s measure of money income, and the Internal Revenue Service’s measure of adjusted gross income of individuals.1 Personal income, in general, is a more comprehensive measure. For both the national and regional accounts, personal income is defined as the sum of wage and salary disbursements, supplements to wages and salaries, pro prietors’ income with inventory and capital consump tion adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insur ance. Because the personal income of an area represents the income that is received by, or on behalf of, all the per sons who live in that area and because the estimates of the earnings component of personal income is made on a place-of-work basis, state personal income includes an adjustment for residence. Personal income includes the incomes of individuals, of nonprofit institutions that pri marily serve individuals, of private noninsured welfare funds, and of private trust funds. The property income earned on life insurance and annuity reserves of life in surance carriers and earned on the assets of noninsured pension plans are also included in personal income. Money income consists of income in cash and its equivalents before taxes and does not include the value of noncash benefits. It excludes, but personal income in cludes, employer contributions for employee pension and insurance funds, lump-sum payments except those received as part of earnings, certain in-kind personal current transfer receipts— such as Medicaid, Medicare, and food stamps— and imputed income.2 Money income includes, but personal income excludes, personal contri butions for government social insurance, distributions from government employee retirement plans and from private pensions and annuities, and income from regular interpersonal transfers, such as child support. In addition, personal income at the national, state, and local area levels is presented annually on a per capita (average per person) basis. Money income at the national level is presented annually on a per capita basis and on a median household basis; median money income for states from the Current Population Survey is presented annually as 2- and 3-year averages. 3 State personal in come is not adjusted for inflation, but the national esti mates of money income adjusted using the consumer price index are available.4 Adjusted gross income (AGI) consists of the taxable income before exemptions and the standard or itemized deductions that are reported by individuals on their fed eral income tax return. It includes, but personal income excludes, personal contributions for social insurance, gains and losses on the sale of assets, and taxable distri butions from government employee retirement plans and from private pensions and annuities. AGI excludes, but personal income includes, the income of the recipi ents of taxable incomes who, legally or illegally, did not file an individual income tax return. In particular, AGI excludes the income of many individuals with low in comes who are exempt from filing tax returns. Addition ally, adjusted gross income excludes certain types of income that are not taxed— such as tax-exempt interest and nontaxable transfer payments, including Medicare, Medicaid, and welfare benefit payments— and it includes the taxable portion of social security benefit payments. 3. These state-level estimates of median household income and poverty are available on the Census Bureau Web site, but they are no longer published in the report. The Census Bureau now focuses on annual estimates of median household income and poverty for states and geographic areas with popula tions of 65,000 or more from the American Community Survey. See Income, Earnings, and Poverty Data From the 2 0 0 7 American Community Survey at www.census.gov/prod/2008pubs/acs-09.pdf. 4. BEA also presents national real per capita disposable personal income, deflated by its implicit price deflator for personal consumption expenditures. Comparison of Alternative Per Capita Income Measures (Dollars) Per capita income 1. See John W. Ruser, Adrienne T. Pilot, and Charles Nelson, “Alternative Measures of Household Income: BEA Personal Income, CPS Money Income, and Beyond” on BEA’s Web site at www.bea.gov; the Census Bureau’s Income, Poverty, and Health Insurance Coverage in the United States: 2 00 6 report; the Internal Revenue Service’s annual Individual Income Tax Returns; and Mark A. Ledbetter, “Comparison of BEA Estimates of Personal Income and IRS Estimates of Adjusted Gross Income: New Estimates for 2005 and Revised Estimates for 2004,” S u r v e y o f C u r r e n t B u s i n e s s 87 (November 2007): 3 5 -4 1 . 2. Imputations are added to personal income in both the national and regional measures so that a comprehensive account of total production and its distribution can be presented. See State Personal Income: 2 0 0 7 Methodology at www.bea.gov/regional/pdf/spi2007/Complete_Methodology.pdf. 2006 State personal income1.................................. Money income2............................................. Adjusted gross income3.................................. 36,794 26,352 26,765 2007 38,615 26,804 28,316 2008 39,751 n.a. n.a. n.a. Not available 1. Bureau of Economic Analysis, available at www.bea.gov. 2. Census Bureau, Current Population Survey, 2007 and 2008 Annual Social and Economic Supplements, avail able at www.census.gov. Census calculates per capita money income using the civilian noninstitutional population total as of March of the following year. 3. Internal Revenue Service (IRS), available at www.irs.gov. The IRS does not produce per capita adjusted gross income (AGI). The measures shown are derived by dividing aggregate IRS AGI (less deficit) by total population from the Census Bureau (also used by BEA in the calculation of state per capita personal income). Ann E. Dunbar April 2009 S urvey of C urren t B 61 u s in e s s Table 1. Personal Income by State and Region [Millions of dollars, seasonally adjusted at annual rates] 2005 2007 2006 Percent change1 2008 Area I' United States............... New England........................... Connecticut............................... Maine......................................... Massachusetts......................... New Hampshire....................... Rhode Island........................... Vermont.................................... Mideast................................... Delaware................................... District of Columbia................ Maryland New Jersey............................... New York Pennsylvania............................. Great Lakes Illinois Indiana... Michigan Ohio ... Wisconsin................................. Plains Iowa , Kansas... Minnesota Missouri Nebraska North Dakota........................... South Dakota........................... Southeast............................... Alabama................................... Arkansas................................... Florida.... Georgia. Kentucky Louisiana Mississippi................................ North Carolina......................... South Carolina......................... Tennessee ................................ Virginia...................................... West Virginia............................ Southwest.............................. Arizona..................................... New Mexico............................. Oklahoma................................. Texas , Rocky Mountain..................... Colorado Idaho.... Montana Utah Wyoming................................... Far West... Alaska... California.................................. Hawaii... Nevada.. Oregon...................................... Washington............................... II' III' IV' I' II' III' IV' 10,031,927 579,493 162,356 39,783 272,572 47,671 37,215 19,896 1,847,107 30,040 31,060 227,628 369,485 766,837 422,057 1,500,771 454,296 187,886 322,159 358,063 178,367 643,284 91,303 86,311 187,988 177,120 56,277 19,637 24,648 2,276,848 130,665 73,274 594,486 276,790 114,671 127,522 72,517 262,906 117,448 179,657 280,126 46,786 1,067,256 175,472 52,115 103,879 735,789 324,226 171,353 39,732 26,802 67,474 18,864 1,792,942 23,607 1,306,795 43,191 86,946 111,643 220,760 10,169,828 586,507 165,023 40,120 275,280 48,340 37,635 20,108 1,868,754 30,319 31,604 230,884 372,996 776,603 426,347 1,514,510 459,355 190,247 324,465 360,481 179,962 649,921 92,679 87,415 188,465 179,287 57,154 19,966 24,956 2,313,562 132,880 74,328 607,251 281,183 116,378 128,941 73,527 266,368 119,248 182,032 284,113 47,313 1,085,782 180,311 53,029 105,494 746,948 329,558 173,818 40,419 27,223 68,824 19,274 1,821,234 23,854 1,326,755 43,791 89,742 113,350 223,741 10,269,082 598,227 168,528 40,509 281,537 49,125 38,079 20,449 1,905,452 30,789 32,198 234,849 380,052 795,413 432,152 1,532,054 466,781 192,351 326,298 364,067 182,558 659,705 94,071 88,954 191,597 181,589 57,974 20,214 25,305 2,263,337 133,344 75,127 621,773 286,279 117,803 46,320 68,556 270,556 121,130 185,371 289,285 47,793 1,113,315 185,625 53,839 107,567 766,284 336,581 177,048 41,226 27,821 70,578 19,908 1,860,411 24,346 1,357,460 44,286 90,902 115,633 227,784 10,541,055 607,751 172,452 41,099 285,428 49,591 38,541 20,638 1,941,263 32,258 32,525 238,441 385,116 815,392 437,531 1,546,163 471,924 194,167 328,250 368,095 183,726 666,147 94,760 89,744 193,095 184,039 58,663 20,403 25,444 2,406,371 137,933 76,706 634,222 292,855 118,912 140,509 78,566 274,217 123,071 187,796 293,217 48,366 1,138,043 188,724 54,548 110,021 784,751 342,008 179,265 42,002 28,233 72,114 20,394 1,893,310 24,700 1,380,004 45,177 92,483 116,890 234,056 10,762,175 622,779 176,969 41,670 292,761 50,941 38,865 21,574 1,979,698 32,539 33,797 241,597 397,167 826,626 447,974 1,570,641 482,030 198,589 329,047 372,283 188,692 676,280 95,518 92,970 197,140 186,818 58,879 20,042 24,914 2,448,936 138,491 78,012 652,674 295,007 121,912 136,158 77,243 279,162 127,419 190,868 302,402 49,587 1,164,547 194,543 55,706 114,755 799,544 351,411 185,229 43,047 28,632 73,391 21,112 1,947,882 25,294 1,421,156 46,238 93,642 121,429 240,123 10,899,551 630,355 178,556 42,265 296,879 51,301 39,760 21,594 2,006,202 32,903 34,221 244,073 402,913 839,158 452,933 1,587,917 488,052 200,366 332,270 376,741 190,489 684,385 96,489 94,209 199,549 188,860 59,675 20,450 25,152 2,483,014 140,760 79,318 663,301 298,832 123,268 138,069 77,932 282,618 129,006 194,618 305,074 50,220 1,183,968 197,373 56,431 115,904 814,259 355,915 186,064 44,126 29,032 74,771 21,922 1,967,795 25,815 1,432,775 47,016 96,113 122,692 243,384 11,042,683 636,475 180,622 42,711 298,899 51,969 40,352 21,923 2,028,841 33,237 34,688 247,365 405,446 849,798 458,306 1,603,219 492,931 202,624 334,111 380,643 192,910 690,294 97,426 95,519 201,189 190,222 59,799 20,567 25,573 2,517,550 142,824 80,362 674,614 302,708 124,737 140,262 78,727 287,433 130,759 196,120 308,249 50,756 1,204,402 201,417 57,248 117,728 828,009 363,261 190,015 44,537 29,667 76,292 22,750 1,998,641 26,085 1,455,298 47,787 97,234 124,723 247,514 11,207,803 648,016 183,750 42,969 304,915 53,647 40,587 22,148 2,066,936 33,109 35,055 250,480 412,369 871,600 464,324 1,617,307 499,720 204,229 335,040 382,830 195,488 701,557 99,173 97,943 203,304 192,713 61,354 21,001 26,068 2,553,289 144,444 81,688 683,346 307,380 126,316 142,825 79,774 292,567 132,495 199,180 311,948 51,327 1,226,495 204,527 58,096 119,116 844,756 368,597 191,547 45,821 30,132 77,939 23,159 2,025,606 26,535 1,473,093 48,297 99,059 126,585 252,037 p Preliminary r Revised 1. Percent change from the preceding period was calculated from unrounded data. I' II' 11,447,305 11,548,389 663,282 667,800 189,067 190,271 44,477 44,148 311,624 313,591 54,662 53,751 41,815 41,676 22,877 23,124 2,120,443 2,121,831 34,153 34,515 36,349 36,006 257,121 259,970 425,582 424,116 887,330 893,511 478,084 475,535 1,663,724 1,669,947 517,397 521,552 209,234 208,074 344,226 344,128 393,235 393,381 201,701 200,743 729,032 720,493 101,968 103,305 100,917 99,711 212,203 209,295 197,979 196,426 62,849 63,849 22,636 22,468 28,144 27,777 2,597,680 2,628,782 149,042 147,643 83,288 84,409 689,214 694,590 315,373 317,723 130,160 128,785 154,614 146,424 80,767 83,510 300,614 302,746 134,574 136,038 201,798 204,126 319,030 316,728 52,472 52,793 1,250,891 1,269,734 205,774 207,079 59,818 59,100 125,060 123,110 862,907 877,776 380,039 374,166 194,741 197,516 47,214 46,756 31,155 31,549 77,712 79,363 23,803 24,399 2,056,627 2,081,224 26,882 27,180 1,493,590 1,510,674 49,219 49,736 99,449 100,586 128,735 130,286 262,763 258,751 III' 11,701,751 676,704 193,449 44,936 318,232 54,775 41,907 23,406 2,151,960 34,710 37,135 262,189 429,210 904,576 484,140 1,686,796 527,835 211,231 347,502 396,709 203,519 738,623 105,059 101,716 214,097 200,746 64,947 23,265 28,794 2,661,212 150,891 85,487 705,253 320,988 130,934 155,699 84,643 306,404 137,923 206,033 323,517 53,439 1,288,785 210,275 60,866 127,501 890,143 385,566 200,823 47,773 32,029 80,119 24,821 2,112,106 27,367 1,530,566 50,548 102,437 132,241 268,946 IV' I' 11,839,843 11,939,005 685,564 691,210 194,722 195,437 45,283 45,983 324,137 326,929 55,374 55,991 42,386 42,946 23,662 23,925 2,179,653 2,204,834 34,921 35,341 37,440 38,014 265,179 267,539 434,791 440,474 917,857 929,685 489,465 493,781 1,703,900 1,716,901 537,240 540,464 213,251 215,387 347,904 350,314 399,133 403,096 206,372 207,640 760,667 748,329 106,343 108,603 103,432 104,803 216,492 221,094 203,471 205,464 65,794 66,367 23,697 24,567 29,101 29,770 2,683,778 2,701,309 152,389 154,066 88,490 87,662 707,648 711,306 325,274 321,989 132,445 133,718 157,279 156,979 84,552 85,182 310,326 312,387 139,490 140,538 209,444 210,671 328,882 325,706 54,021 54,645 1,308,131 1,327,213 211,284 213,060 61,489 62,524 129,420 131,004 905,937 920,625 392,570 395,473 204,854 206,521 48,589 48,443 32,401 32,666 81,277 81,776 25,448 26,067 2,137,917 2,141,397 27,662 29,049 1,548,190 1,548,068 50,999 51,616 104,724 104,488 133,849 134,502 273,674 272,493 II' III' IV p 12,130,925 696,996 196,840 46,651 329,653 56,475 43,223 24,153 2,226,516 35,734 38,421 271,297 441,382 936,957 502,725 1,743,323 548,375 218,681 355,659 409,820 210,787 772,518 110,496 106,889 222,488 209,478 67,681 25,291 30,195 2,757,398 158,556 90,308 721,520 331,879 137,006 161,435 88,663 319,744 144,040 214,512 333,682 56,053 1,357,672 215,531 64,095 135,059 942,986 401,133 208,997 49,259 33,217 83,234 26,426 2,175,369 29,656 1,574,624 52,416 104,949 136,818 276,906 12,150,854 700,630 198,486 46,887 331,243 56,596 43,132 24,286 2,237,487 35,822 38,674 272,382 443,904 942,537 504,169 1,743,475 550,536 218,438 353,972 409,427 211,102 776,605 111,097 107,147 225,392 209,116 67,817 25,744 30,292 2,746,862 157,520 89,644 717,698 329,911 136,428 160,218 86,894 319,474 143,512 214,262 334,894 56,409 1,356,811 214,810 63,997 135,696 942,308 403,714 211,004 49,150 33,347 83,430 26,782 2,185,270 29,981 1,579,715 52,317 105,354 137,090 280,813 12,125,350 698,332 196,992 46,791 330,868 56,363 43,063 24,255 2,232,783 35,772 38,746 272,477 442,702 938,861 504,225 1,738,057 548,563 217,363 352,508 409,154 210,468 772,882 110,344 106,843 224,180 208,963 67,287 25,293 29,970 2,741,961 157,218 89,492 713,831 329,219 136,341 161,298 86,826 318,847 143,255 213,989 334,985 56,658 1,361,060 213,414 64,103 135,840 947,703 402,879 210,764 49,006 33,330 83,120 26,659 2,177,396 30,237 1,575,071 52,288 104,90C 136,698 278,196 2008: IV -0.2 -0.3 -0.8 -0 .2 -0.1 -0 .4 -0.2 -0.1 -0.2 -0.1 0.2 0.0 -0 .3 -0.4 0.0 -0.3 -0 .4 -0 .5 -0 .4 -0.1 -0 .3 -0.5 -0 .7 -0.3 -0.5 -0.1 -0.8 -1.8 -1.1 -0.2 -0.2 -0.2 -0.5 -0 .2 -0.1 0.7 -0.1 -0.2 -0.2 -0.1 0.0 0.4 0.3 -0 .7 0.2 0.1 0.6 -0.2 -0.1 -0 .3 -0.1 -0 .4 -0 .5 -0.4 0.9 -0 .3 -0.1 -0 .4 -0 .3 -0.9 Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. 62 Regional Quarterly Report April 2009 Table 2. Annual Personal Income and Per Capita Personal Income by State and Region Per capita personal income 1 Personal income Area Percent change2 Millions of dollars 2005r 2006r 2007' 2008o United States............................... 9,150,320 9,711,363 10,252,973 10,978,053 11,634,322 12,086,534 3.9 31,530 33,157 34,690 36,794 38,615 39,751 New England....................................... Connecticut....................................... Maine................................................ Massachusetts................................. New Hampshire................................. Rhode Island.................................... Vermont............................................ 538,413 148,777 37,533 253,993 44,327 35,072 18,711 569,244 159,337 39,488 266,635 47,190 36,818 19,776 592,994 167,090 40,378 278,704 48,682 37,868 20,273 634,406 179,974 42,404 298,363 51,964 39,891 21,810 673,337 191,877 44,711 316,896 54,640 41,946 23,267 696,792 196,939 46,578 329,673 56,356 43,091 24,155 3.5 4.2 4.0 3.1 2.7 3.8 37,966 42,901 28,811 39,431 34,596 32,737 30,340 40,081 45,848 30,191 41,420 36,523 34,375 31,977 41,736 48,032 30,798 43,315 37,432 35,575 32,736 44,574 51,600 32,287 46,305 39,703 37,669 35,166 47,221 54,981 33,991 48,995 41,639 39,829 37,483 48,715 56,248 35,381 50,735 42,830 41,008 38,880 Mideast................................................ Delaware District of Columbia........................... Maryland New Jersey....................................... New York Pennsylvania..................................... 1,690,345 27,395 26,914 205,737 342,858 693,533 393,908 1,794,306 29,331 29,203 220,127 361,822 739,969 413,855 1,890,644 30,852 31,847 232,950 376,912 788,561 429,522 2,020,419 32,947 34,440 245,879 404,474 846,795 455,884 2,143,472 34,575 36,732 261,115 428,425 900,819 481,806 2,225,405 35,667 38,464 270,924 442,116 937,010 501,225 3.8 3.2 4.7 3.8 3.2 4.0 4.0 35,946 33,644 46,614 37,441 39,916 36,064 31,979 38,014 35,523 50,392 39,741 41,971 38,338 33,550 39,955 36,793 54,715 41,781 43,651 40,781 34,774 42,595 38,745 58,830 43,889 46,813 43,724 36,800 45,058 40,112 62,484 46,471 49,511 46,364 38,793 46,635 40,852 64,991 48,091 50,919 48,076 40,265 19 Great Lakes Illinois Indiana Michigan........................................... Ohio.. Wisconsin......................................... 1,428,321 426,877 178,675 313,503 341,146 168,120 1,476,856 445,151 186,210 318,736 352,103 174,655 1,523,374 463,089 191,163 325,293 362,676 181,153 1,594,771 490,683 201,452 332,617 378,124 191,895 1,681,092 526,006 210,448 345,940 395,614 203,084 1,735,439 546,985 217,467 353,113 407,874 209,999 3.2 4.0 3.3 3.1 3.4 31,213 33,849 28,917 31,145 29,846 30,710 32,161 35,146 29,982 31,588 30,765 31,705 33,091 36,452 30,593 32,229 31,672 32,706 34,545 38,456 32,006 32,985 33,000 34,461 36,318 41,012 33,215 34,423 34,468 36,272 37,405 42,397 34,103 35,299 35,511 37,314 39 34 32 27 Plains................................................... Iowa.................................................. Kansas Minnesota.......................................... Missouri Nebraska North Dakota..................................... South Dakota..................................... 598,619 83,920 81,116 173,498 166,129 53,391 18,179 22,386 630,728 90,436 84,642 183,821 173,906 55,424 18,645 23,853 654,764 93,203 88,106 190,286 180,509 57,517 20,055 25,088 688,129 97,152 95,160 200,296 189,653 59,927 20,515 25,427 734,120 104,168 101,444 213,022 199,655 64,360 23,017 28,454 770,668 110,135 106,421 223,288 208,255 67,288 25,224 30,057 5.0 5.7 4.9 4.8 4.3 4.5 9.6 5.6 30,637 28,608 29,799 34,378 29,122 30,811 28,733 29,207 32,105 30,732 30,992 36,199 30,283 31,827 29,307 30,837 2,040,368 118,356 66,476 514,378 250,806 106,319 115,695 66,305 234,983 107,203 165,402 250,605 43,841 2,183,763 126,270 70,701 565,681 264,854 111,847 122,346 69,700 250,921 113,603 174,636 267,521 45,686 2,315,029 133,706 74,859 614,433 284,277 116,941 110,823 73,292 268,512 120,224 183,714 286,685 47,565 2,500,697 141,630 79,845 668,484 300,982 124,058 139,329 78,419 285,445 129,920 195,197 306,918 50,472 2,642,863 149,991 85,418 699,176 319,018 130,581 153,504 83,368 305,022 137,006 205,350 321,245 53,181 2,736,883 156,840 89,277 716,089 329,071 135,873 159,983 86,891 317,613 142,836 213,359 333,110 55,941 3.6 4.6 4.5 2.4 3.2 4.1 4.2 4.2 4.1 4.3 3.9 3.7 5.2 28,380 26,380 24,459 30,369 28,720 25,863 25,862 23,129 27,942 25,873 28,276 34,034 24,325 29,970 28,019 25,801 32,672 29,723 27,045 27,262 24,163 29,440 27,069 29,565 35,886 25,334 34,608 32,741 34,525 38,944 32,514 34,053 32,233 32,293 33,457 30,873 28,473 37,099 32,299 29,542 32,832 27,072 32,271 30,041 32,167 40,234 27,935 36,661 34,916 36,525 41,105 33,964 36,372 36,082 35,760 34,859 32,419 30,177 38,417 33,499 30,824 35,100 28,541 33,735 31,103 33,395 41,727 29,385 38,217 36,680 37,978 42,772 35,228 37,730 39,321 37,375 Southeast Alabama............................................ Arkansas ........................................... Florida.............................................. Georgia.............................................. Kentucky........................................... Louisiana.......................................... Mississippi........................................ North Carolina................................... South Carolina................................... Tennessee........................................ Virginia............................................. West Virginia.................................... 33,153 31,575 32,130 37,275 31,202 32,847 31,571 32,193 31,324 29,468 27,035 34,709 31,260 28,071 24,651 25,289 31,002 28,292 30,705 37,988 26,366 Southwest........................................... Arizona............................................. New Mexico....................................... Oklahoma.......................................... Texas ................................................ 939,250 150,582 46,650 92,599 649,419 1,009,685 164,923 49,813 100,024 694,925 1,101,099 182,533 53,383 106,740 758,443 1,194,853 199,465 56,870 116,876 821,642 1,279,385 208,603 60,318 126,273 884,191 1,350,689 214,203 63,680 134,400 938,406 5.6 2.7 5.6 6.4 6.1 28,452 26,959 24,975 26,486 29,436 30,071 28,680 26,366 28,481 30,989 32,181 30,620 27,907 30,237 33,249 34,088 32,285 29,346 32,755 35,162 35,768 32,833 30,706 34,997 37,083 37,052 32,953 32,091 36,899 38,575 42 44 28 23 Rocky Mountain................................... Colorado........................................... Idaho................................................ Montana........................................... Utah.................................................. Wyoming........................................... 289,654 154,829 34,816 24,177 59,412 16,420 1,625,348 21,184 1,187,040 37,837 71,183 105,161 202,942 308,950 163,736 38,079 25,813 63,565 17,756 1,737,831 22,434 1,265,970 41,027 80,250 109,718 218,432 333,093 175,371 40,845 27,520 69,747 19,610 1,841,974 24,127 1,342,754 44,111 90,018 114,379 226,585 359,796 188,214 44,383 29,366 75,598 22,236 1,984,981 25,932 1,445,581 47,334 96,512 123,857 245,765 383,085 199,483 47,583 31,783 79,618 24,618 2,096,968 27,273 1,520,755 50,125 101,799 131,278 265,738 400,800 209,321 48,965 33,140 82,890 26,484 4.6 4.9 2.9 4.3 4.1 7.6 3.5 9.0 3.2 4.1 3.1 3.8 4.4 29,838 34,041 25,543 26,373 24,958 32,902 33,108 32,570 33,620 30,555 31,866 29,607 33,214 31,337 35,594 27,389 27,877 26,053 35,314 35,021 33,941 35,531 32,782 34,533 30,679 35,347 33,213 37,611 28,681 29,436 27,885 38,755 36,768 36,084 37,418 34,885 37,481 31,580 36,227 35,082 39,612 30,374 31,061 29,243 43,381 39,230 38,344 40,020 37,117 38,850 33,648 38,639 36,527 41,192 31,804 33,225 29,831 47,047 41,056 40,042 41,805 39,242 39,853 35,143 41,203 37,459 42,377 32,133 34,256 30,291 49,719 13 43 38 49 4 2003 Far West................................................ Alaska................................................ California........................................... Hawaii............................................... Nevada............................................. Oregon............................................. Washington........................................ 2004 Rank in United States Dollars 2,169,858 29,731 1,569,370 52,159 104,924 136,277 277,397 2008 2.6 2.1 2003' 2004' 2005' 2006' 2007' 2008 p 35,706 33,643 31,266 39,070 33,975 31,826 36,271 29,569 34,439 31,884 34,330 42,876 30,831 41,994 43,321 42,696 40,490 40,353 35,956 42,356 2008 1 33 3 9 15 22 16 5 2 6 12 29 24 10 35 25 20 26 41 47 21 40 46 30 50 36 45 37 8 48 7 11 17 18 31 14 p Preliminary 2. Percent change from the preceding period was calculated from unrounded data. r Revised Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs 1. Per capita personal income was computed using midyear population estimates of the Census Bureau. from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. April 2009 63 S u r v e y o f C u r r e n t B u s in e s s Table 3. Disposable Personal Income and Per Capita Disposable Personal Income by State and Region Per capita disposable personal income1 Disposable personal income Area Percent change2 Millions of dollars Rank in United States Dollars 2008p 8,666,164 9,046,437 9,626,197 10,142,960 10,626,653 4.8 28,084 29,588 30,608 32,263 33,665 34,949 468,091 126,684 33,713 219,666 39,979 31,192 16,857 495,549 135,760 35,562 230,805 42,764 32,799 17,859 509,821 139,805 36,047 238,676 43,678 33,525 18,090 542,124 149,568 37,706 253,982 46,362 35,136 19,371 570,787 157,670 39,620 267,549 48,496 36,850 20,602 595,747 163,771 41,591 280,286 50,400 38,182 21,517 4.4 3.9 5.0 4.8 3.9 3.6 4.4 33,007 36,530 25,878 34,102 31,203 29,116 27,335 34,892 39,064 27,190 35,854 33,098 30,622 28,878 35,882 40,189 27,495 37,094 33,585 31,495 29,212 38,090 42,882 28,709 39,417 35,423 33,179 31,234 40,029 45,179 30,120 41,366 36,957 34,990 33,188 41,650 46,775 31,593 43,134 38,304 36,336 34,634 Maryland.......................................... New Jersey....................................... New York.......................................... Pennsylvania..................................... 1,474,695 24,183 23,436 178,801 299,674 597,414 351,187 1,565,954 25,898 25,459 191,478 317,360 635,806 369,952 1,631,236 26,867 27,582 201,008 326,061 669,930 379,787 1,730,530 28,683 29,661 211,085 348,470 711,997 400,634 1,820,593 30,129 31,513 222,372 366,260 749,054 421,265 1,904,157 31,327 33,287 232,808 381,351 784,557 440,827 4.6 4.0 5.6 4.7 4.1 4.7 4.6 31,360 29,700 40,590 32,539 34,888 31,065 28,511 33,176 31,366 43,932 34,569 36,813 32,941 29,990 34,473 32,041 47,389 36,052 37,762 34,646 30,747 36,483 33,730 50,666 37,679 40,331 36,763 32,340 38,271 34,954 53,606 39,576 42,327 38,553 33,919 39,903 35,880 56,245 41,325 43,921 40,254 35,413 Illinois............................................... Indiana.............................................. Michigan........................................... Ohio.................................................. Wisconsin.......................................... 1,273,948 379,815 160,676 281,273 302,840 149,343 1,321,238 397,414 168,139 287,282 312,785 155,619 1,352,028 409,083 171,128 291,487 320,199 160,131 1,407,398 429,924 179,460 297,196 332,294 168,524 1,478,492 458,883 186,601 308,365 346,891 177,752 1,537,706 481,199 194,093 317,303 360,319 184,792 4.0 4.9 4.0 2.9 3.9 4.0 27,840 30,118 26,004 27,943 26,494 27,280 28,772 31,377 27,072 28,471 27,329 28,249 30,487 33,694 28,512 29,472 29,000 30,264 Plains................................................... Iowa.................................................. Kansas............................................. Minnesota.......................................... Missouri............................................. Nebraska.......................................... North Dakota..................................... South Dakota..................................... 537,211 76,099 73,094 152,623 149,429 48,403 16,745 20,819 568,066 82,341 76,496 162,522 157,119 50,242 17,170 22,177 583,828 84,077 78,704 166,369 161,481 51,692 18,364 23,141 608,736 86,897 84,225 174,144 168,524 53,262 18,543 23,141 646,640 92,884 89,186 184,355 176,479 57,043 20,798 25,896 683,656 98,842 94,271 194,720 185,264 60,063 22,981 27,516 5.7 6.4 5.7 5.6 5.0 5.3 10.5 6.3 27,495 25,942 26,852 30,242 26,194 27,932 26,466 27,163 28,916 27,981 28,009 32,005 27,360 28,851 26,988 28,669 29,369 32,201 27,387 28,879 27,963 28,911 29,562 28,484 28,701 32,590 27,913 29,520 28,910 29,694 Southeast............................................ Alabama........................................... Arkansas .......................................... Florida.............................................. Georgia............................................. Kentucky........................................... Louisiana.......................................... Mississippi........................................ North Carolina................................... South Carolina................................... Tennessee........................................ Virginia............................................. West Virginia.................................... 1,840,485 107,741 60,504 466,917 223,843 95,199 105,959 61,165 209,846 97,135 152,470 219,705 40,001 1,971,328 115,175 64,474 510,652 236,929 100,610 112,259 64,519 224,854 103,253 161,480 235,246 41,877 2,065,728 67,758 545,893 252,539 104,454 98,743 67,761 238,257 107,826 168,795 249,502 43,179 2,221,718 127,066 71,999 593,124 265,333 110,780 125,206 71,768 251,090 115,908 177,833 265,924 45,688 2,336,028 134,066 76,747 617,326 279,613 116,033 137,634 76,016 266,600 121,721 186,112 276,208 47,953 2,439,344 141,244 80,722 639,290 291,362 121,349 144,015 79,569 279,537 127,927 194,695 288,964 50,670 4.4 5.4 5.2 3.6 4.2 4.6 4.6 4.7 4.9 5.1 4.6 4.6 5.7 25,600 24,014 22,261 27,567 25,632 23,158 23,686 21,336 24,953 23,443 26,065 29,838 22,195 27,055 25,557 23,529 29,494 26,589 24,328 25,014 22,367 26,381 24,603 27,337 31,557 23,222 27,950 26,672 24,471 30,837 27,770 25,073 21,964 23,380 27,509 25,375 28,211 33,061 23,935 29,725 27,698 25,675 32,916 28,473 26,380 29,504 24,776 28,387 26,801 29,305 34,860 25,287 31,941 35,778 29,452 30,684 30,223 31,748 32,292 31,134 32,111 35,574 30,022 32,237 32,604 32,545 30,812 28,977 27,114 33,920 29,361 27,390 31,471 26,024 29,486 27,633 30,267 35,877 26,496 33,143 37,298 30,437 31,719 31,370 32,835 33,902 32,919 33,642 37,300 31,339 33,678 35,824 34,216 31,824 30,297 28,270 34,880 30,082 28,424 32,651 27,077 30,311 28,556 31,327 37,194 27,926 Arizona............................................. New Mexico...................................... Oklahoma......................................... Texas................................................ 857,087 136,028 42,493 83,929 594,637 925,182 149,109 45,555 90,998 639,520 996,884 162,650 48,402 95,960 689,873 1,073,610 176,948 51,101 104,238 741,323 1,143,580 184,284 53,985 112,556 792,755 1,216,960 191,045 57,391 120,718 847,807 6.4 3.7 6.3 7.3 6.9 25,963 24,354 22,749 24,006 26,953 27,554 25,930 24,113 25,911 28,518 29,136 27,285 25,303 27,183 30,243 30,629 28,640 26,369 29,214 31,724 31,971 29,006 27,481 31,195 33,248 33,384 29,391 28,922 33,143 34,850 Colorado........................................... Idaho................................................ Montana........................................... Utah.................................................. Wyoming........................................... Far W est.............................................. Alaska............................................... California.......................................... Hawaii............................................... Nevada............................................. Oregon............................................. Washington....................................... 259,930 137,882 31,603 21,981 53,574 14,890 1,438,886 19,269 1,044,737 33,841 63,811 93,365 183,863 277,937 146,185 34,662 23,486 57,451 16,153 1,540,910 20,561 1,115,556 36,712 71,698 97,346 199,037 295,902 154,901 36,576 24,762 62,112 17,551 316,226 164,555 39,370 26,205 66,608 19,487 333,806 172,871 41,953 28,227 69,336 21,419 5.6 5.8 4.0 5.0 5.1 8.4 26,776 30,315 23,186 23,977 22,506 29,836 28,191 31,779 24,931 25,364 23,547 32,124 29,505 33,221 25,683 26,487 24,832 34,685 32,931 37,039 28,638 30,627 26,641 43,607 14 44 37 50 3 1,725,855 23,524 1,247,337 41,748 85,297 107,813 220,136 1,813,034 24,606 1,304,603 44,099 89,240 113,885 236,601 4.6 29,310 29,626 29,590 27,328 28,566 26,286 30,091 31,053 31,107 31,310 29,334 30,853 27,220 32,208 32,158 32,887 32,490 30,846 33,110 27,616 32,703 30,834 34,632 26,944 27,718 25,766 38,018 34,109 34,783 34,532 32,737 34,336 29,289 34,610 31,828 35,697 28,040 29,507 25,979 40,935 1,611,010 21,989 1,165,929 39,004 79,520 100,025 204,544 352,353 182,953 43,639 29,630 72,902 23,228 1,896,728 27,080 1,361,491 46,296 93,002 119,927 248,932 35,497 36,126 35,863 34,524 34,936 30,487 36,685 36,708 39,458 37,041 35,939 35,768 31,643 38,009 7 13 16 19 32 9 2003 Connecticut....................................... Maine................................................ Massachusetts.................................. New Hampshire................................. Rhode Island..................................... Vermont............................................ Mideast................................................ Delaware.......................................... 2004 2005' 121,020 2006' p Preliminary r Revised 1. Per capita disposable personal income was computed using midyear population estimates of the Census Bureau. 2008 10.1 4.4 5.0 4.2 5.3 5.2 2003r 2004r 2005r 2006r 2007' 2007r 8,150,333 30,615 29,285 30,558 33,859 28,892 30,266 29,134 29,390 2008p 2008 1 33 4 8 15 23 17 5 2 6 20 11 38 31 34 29 28 26 10 35 25 18 24 40 47 21 41 46 30 49 39 45 36 12 48 42 43 27 22 2. Percent change from the preceding period was calculated from unrounded data. N o t e . The personal income level shown for the United States is derived as the sum of the state estimates. It differs from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. 64 Regional Quarterly Report April 2009 Table 4. Personal Income by Major Source [Millions United States Item Alabama Alaska Arizona Line 2006r 2007r 2008 p 2006' 2007r 2008 p 2007r 2006r 2008 p 2006r 2007r 2008 p Income by place of residence Personal income (lines 4-11).............................................................................. Population (thousands)2...................................................................................... Per capita personal income (dollars)3................................................................... 1 10,978,053 11,634,322 12,086,534 2 298,363 301,290 304,060 36,794 38,615 39,751 141,630 4,588 30,873 149,991 4,627 32,419 156,840 4,662 33,643 25,932 676 38,344 27,273 681 40,042 29,731 3 43,321 199,465 6,178 32,285 208,603 6,353 32,833 214,203 6,500 32,953 4 5 8,432,750 924,059 476,248 447,811 -1,292 7,507,399 1,868,206 1,602,448 8,848,240 964,574 499,673 464,901 -1,431 7,882,235 2,039,293 1,712,794 9,110,826 995,910 517,306 478,605 -1,482 8,113,434 2,103,377 1,869,723 103,744 11,747 6,345 5,403 1,490 93,487 21,581 26,562 107,728 12,246 6,641 5,604 1,587 97,070 24,548 28,373 111,184 12,738 6,915 5,823 1,614 100,060 25,586 31,194 21,643 2,141 1,038 1,103 -1,256 18,246 3,781 3,905 22,621 2,229 1,092 1,137 -1,364 19,028 3,878 4,367 23,823 2,363 1,164 1,199 -1,453 20,006 4,052 5,672 149,503 16,792 8,825 7,968 681 133,392 35,474 30,600 154,651 17,512 9,180 8,332 725 137,864 37,711 33,029 155,423 17,686 9,281 8,405 762 138,499 39,139 36,565 6,020,799 1,396,794 948,983 447,811 1,015,157 16,600 998,557 6,355,759 1,448,625 983,724 464,901 1,043,856 31,650 1,012,206 6,543,998 1,496,988 1,018,383 478,605 1,069,841 32,290 1,037,551 74,387 18,271 77,878 18,941 13,337 5,604 10,909 664 10,245 80,556 19,689 13,867 5,823 10,939 663 10,275 14,601 4,539 3,436 1,103 2,503 15,459 4,725 3,588 1,137 2,437 1 2 2,435 109,867 23,563 15,596 7,968 16,073 105 15,968 115,431 24,565 16,233 8,332 14,656 252 14,404 116,202 25,017 16,611 8,405 14,205 2,502 16,399 5,005 3,807 1,199 2,418 -17 2,436 38,369 8,394,381 7,012,245 27,395 108,026 64,469 20,572 22,985 85,007 546,876 1,048,590 665,413 26,225 31,948 36,975 89,747 82,269 137,377 30,277 83,042 64,252 24,748 58,553 383,177 72,449 16,581 9,151 6,917 10,870 1,924 37,169 37,110 41,835 106,385 42,786 444,009 533,954 277,646 35,956 18,866 5,821 89,107 13,762 9,504 1,310 44,782 29,344 28,694 302,358 79,136 24,984 70,543 3,757 85,617 35,643 2,678 652,404 198,608 813,707 190,475 313,706 112,270 792,087 87,496 236,744 240,887 1,382,136 263,779 138,789 979,568 268,119 711,449 54,734 8,793,506 7,339,487 28,494 120,486 71,076 21,880 27,530 90,606 545,277 1,066,119 678,467 25,130 32,302 37,702 93,746 85,871 139,509 31,079 81,911 66,537 24,591 60,089 387,652 74,092 15,986 8,631 7,183 10,537 1,917 36,623 37,577 42,603 109,998 42,505 470,450 549,242 291,957 38,750 19,364 6,561 92,931 14,553 10,705 1,451 47,606 29,284 30,752 316,135 84,412 25,464 74,184 (NA) 94,768 24,730 12,577 693,328 193,943 873,240 209,474 334,385 120,419 839,910 92,215 250,138 253,669 1,454,019 274,984 146,168 1,032,867 282,523 750,344 56,192 9,054,634 7,525,046 28,626 142,396 (NA) (NA) (NA) 95,452 522,216 1,063,393 673,594 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 389,800 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 484,480 547,597 292,680 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 332,733 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 703,358 188,722 933,432 215,195 340,723 128,913 890,518 95,252 256,301 263,060 1,529,589 287,151 157,453 1,084,985 (NA) (NA) 830 102,913 81,724 581 1,052 248 698 106 1,423 6,709 18,118 11,443 938 541 1,671 1,436 731 985 339 2,507 1,246 559 490 6,675 1,205 189 416 331 376 5 1,466 301 537 1,094 755 5,273 7,429 3,388 52 (D) (D) 1,696 54 114 (D) 484 263 358 1,843 384 31 291 7 1,033 91 843 106,885 84,338 590 1,119 271 731 117 1,538 6,848 18,262 11,694 909 594 1,690 1,522 742 971 330 2,525 1,373 546 493 6,568 1,218 175 356 298 355 5 1,458 291 500 850 110,334 86,442 578 1,281 (NA) (NA) (NA) 1,580 6,657 18,476 11,944 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 6,532 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,687 7,681 3,537 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,770 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,710 1,604 9,171 1,252 3,367 756 10,639 464 2,682 3,551 23,892 5,468 2,427 15,998 (NA) (NA) 13 21,630 14,564 15 22,606 15,245 205 1,805 652 228 926 206 1,710 827 189 -4 23,826 16,058 191 2,080 (NA) (NA) (NA) 223 1,741 803 194 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 609 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 448 1,413 1,553 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 534 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 746 369 1,446 109 631 113 2,107 572 148,931 124,614 469 973 758 153,893 128,002 468 1,151 590 154,833 127,514 420 1,513 (NA) (NA) (NA) 1,488 11,712 14,392 12,060 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,331 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 8,468 12,057 4,670 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,299 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 9,924 4,991 13,285 2,409 8,916 1,940 16,863 1,691 5,427 4,052 27,319 5,274 2,519 19,526 (NA) (NA) 686 Derivation of personal income Earnings by place of work (lines 12-18 or 19-90)................................................. Less: Contributions for government social insurance4............................................ Employee and self-employed contributions for government social insurance........ Employer contributions for government social insurance.................................... Plus: Adjustment for residence5........................................................................... Equals: Net earnings by place of residence.......................................................... Plus: Dividends, interest, and rent6 .... Plus: Personal current transfer receipts 6 7 8 9 10 11 Earnings by place of work Components of earnings: Wage and salary disbursements...................................................................... Supplements to wages and salaries................................................................. Employer contributions for employee pension and insurance fund................... Employer contributions for government social insurance................................. Proprietors’ income7....................................................................................... Farm......................................................................................................... Nonfarm....................................................... :............................................ 12 13 14 15 16 17 18 12,868 5,403 11,086 661 10,424 66 14,139 Earnings by industry Farm earnings.................................................................................................... Nonfarm earnings............................................................................................... Private earnings............................................................................................. Forestry, fishing, related activities, and other8............................................... Mining.......................... Oil and gas extraction. Mining, except oil and gas....................................................................... Support activities for mining..................................................................... Utilities........................ Construction................ Manufacturing............... Durable goods manufacturing.................................................................. Wood product manufacturing............................................................... Nonmetallic mineral product manufacturing........................................... Primary metal manufacturing............................................................... Fabricated metal product manufacturing............................................... Machinery manufacturing.................................................................... Computer and electronic product manufacturing................................... Electrical equipment and appliance mfg................................................ Motor vehicles, bodies and trailers, and parts manufacturing.................. Other transportation equipment manufacturing..................................... Furniture and related product manufacturing......................................... Miscellaneous manufacturing.............................................................. Nondurable goods manufacturing............................................................ Food manufacturing............................................................................ Beverage and tobacco product manufacturing....................................... Textile mills........................................................................................ Textile product mills Apparel manufacturing........................................................................ Leather and allied product manufacturing.............................................. Paper manufacturing........................................................................... Printing and related support activities................................................... Petroleum and coal products manufacturing.......................................... Chemical manufacturing..................................................................... Plastics and rubber products manufacturing.......................................... Wholesale trade.......................................................................................... Retail trade.................. Transportation and warehousing................................................................... Air transportation.................................................................................... Rail transportation Water transportation... Truck transportation.... Transit and ground passenger transportation............................................. Pipeline transportation Scenic and sightseeing transportation...................................................... Support activities for transportation.......................................................... Couriers and messengers....................................................................... Warehousing and storage....................................................................... Information................................................................................................. Publishing industries, except Internet........................................................ Motion picture and sound recording industries.......................................... Broadcasting, except Internet................................................................... Internet publishing and broadcasts.......................................................... Telecommunications... ISPs, search portals, and data processing................................................ Other information services...................................................................... Finance and insurance... Real estate and rental and leasing............................................................... Professional and technical services............................................................. Management of companies and enterprises................................................. Administrative and waste services................................................................ Educational services.,. Health care and social assistance................................................................ Arts, entertainment, and recreation.............................................................. Accommodation and food services............................................................... Other services, except public administration................................................. Government and government enterprises......................................................... Federal, civilian........................................................................................... Military... State and locai........................................................................................... State...................................................................................................... Local., ...................................................... See the footnotes at the end of the table. 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 86 87 88 89 90 6 5,419 1,642 8,102 1,062 3,077 711 9,735 435 2,438 3,287 21,189 4,932 2,178 14,079 5,072 9,007 1,102 809 5,486 7,690 3,520 57 323 88 1,708 58 117 4 521 255 389 1,744 400 33 306 (NA) 893 94 18 5,476 1,643 8,554 1,216 3,233 766 10,190 452 2,560 3,449 22,547 5,239 2,242 15,066 5,415 9,652 210 1,547 564 199 784 197 1,737 814 178 (D) (D) (D) 28 4 7 (D) 14 7 18 635 417 7 (D) 5 (D) (D) (D) 19 98 27 (D) 414 1,360 1,392 437 (L) 78 204 44 (D) 81 202 21 25 (D) (D) 4 8 3 (D) 20 7 18 638 425 8 (D) 5 1 (D) (D) 19 92 25 (D) 433 1,391 1,487 461 (L) 85 215 46 (D) 86 201 (D) (D) 479 55 493 54 21 22 6 6 70 71 (NA) 348 9 4 693 375 1,304 107 590 2 331 12 3 657 394 1,205 108 549 109 1,952 188 720 532 7,066 1,560 2,053 3,452 1,509 1,943 112 2,005 197 753 553 7,361 1,658 2,156 3,548 1,566 1,982 201 773 578 7,768 1,719 2,326 3,724 (NA) (NA) 88 88 834 51 1,242 14,614 14,407 12,097 407 616 292 489 4,870 158 (D) (D) 388 690 2,310 420 1,007 56 1,387 13,670 14,430 12,115 331 610 293 1,231 523 4,652 172 (D) (D) 376 693 2,315 460 220 212 16 27 87 13 14 196 364 213 514 216 8,514 12,558 4,694 1,291 (D) (D) 1,331 277 30 29 605 450 374 3,198 855 95 551 (NA) 1,239 377 81 10,384 5,062 12,763 2,390 9,019 1,718 15,484 1,620 5,464 4,028 25,891 4,917 2,369 18,606 4,404 14,201 1,121 66 13 12 202 368 232 517 244 7,855 12,302 4,521 1,253 290 (D) 1,276 268 28 30 547 (D) 362 3,198 848 90 541 42 1,139 510 29 10,350 5,590 12,064 1,989 8,669 1,588 14,322 1,573 5,061 3,828 24,317 4,650 2,222 17,445 4,148 13,297 April 2009 S u rvey of C urren t B 65 u s in e s s and Earnings by Industry, 2006-20081 —Continues of dollars] Arkansas California Connecticut Colorado District of Columbia Delaware Line 2007r 2006r 2008 p 2006r 2007r 2008p 2007r 2006r 2008p 2007r 2006' 2007r 2006' 2008 p 2008 p 2007r 2006r 2008p 79,845 2,804 28,473 85,418 2,831 30,177 89,277 2,855 31,266 1,445,581 36,121 40,020 1,520,755 36,378 41,805 1,569,370 36,757 42,696 188,214 4,751 39,612 199,483 4,843 41,192 209,321 4,939 42,377 179,974 3,488 51,600 191,877 3,490 54,981 196,939 3,501 56,248 32,947 850 38,745 34,575 862 40,112 35,667 873 40,852 34,440 585 58,830 36,732 588 62,484 38,464 592 64,991 1 2 57,040 6,735 3,588 3,146 -355 49,950 13,287 16,609 60,229 7,058 3,783 3,275 -292 52,880 14,683 17,856 61,822 7,278 3,904 3,374 -275 54,269 15,399 19,609 1,123,773 123,500 63,376 60,124 -243 1,000,030 262,537 183,014 1,166,302 126,865 64,839 62,026 -192 1,039,245 287,750 193,760 1,188,738 129,720 66,258 63,462 -171 1,058,847 299,398 211,124 152,204 15,417 7,714 7,702 415 137,202 32,313 18,698 159,490 16,210 8,159 8,051 443 143,723 35,746 20,014 166,904 16,982 8,584 8,398 457 150,378 37,079 21,864 134,209 13,346 7,001 6,344 4,940 125,803 33,909 20,262 141,105 13,954 7,324 6,630 4,992 132,143 38,450 21,284 143,728 14,251 7,474 6,777 5,315 134,792 39,238 22,909 28,068 3,042 1,574 1,468 -2,458 22,567 5,596 4,784 28,747 3,103 1,618 1,485 -2,266 23,378 6,057 5,140 29,170 3,160 1,655 1,505 -2,238 23,772 6,269 5,626 69,670 6,488 3,145 3,343 -37,446 25,735 4,818 3,887 72,997 6,823 3,319 3,503 -39,106 27,069 5,416 4,247 76,475 7,181 3,498 3,683 -40,979 28,315 5,563 4,585 4 5 40,330 10,143 6,996 3,146 6,567 709 5,858 42,614 10,589 7,314 3,275 7,026 1,056 5,970 43,736 10,875 7,501 3,374 7,211 1,142 6,069 784,316 185,201 125,078 60,124 154,255 2,078 152,178 825,802 190,600 128,573 62,026 149,900 4,359 145,542 844,579 195,728 132,266 63,462 148,431 2,777 145,654 104,084 23,433 15,730 7,702 24,688 33 24,655 110,858 24,442 16,391 8,051 24,191 168 24,023 116,057 25,709 17,311 8,398 25,138 61 25,077 95,301 20,712 14,368 6,344 18,196 5 18,191 101,512 21,458 14,828 6,630 18,136 103,439 21,933 15,157 6,777 18,356 56,288 15,325 11,642 3,683 4,863 6 18,350 21,492 4,767 3,262 1,505 2,911 180 2,731 53,820 14,602 11,099 3,503 4,575 21 21,182 4,717 3,232 1,485 2,848 176 2,672 51,034 14,054 10,710 3,343 4,582 18,114 20,673 4,654 3,186 1,468 2,741 131 2,610 961 56,079 45,306 529 569 266 132 170 607 3,237 9,461 5,155 578 227 613 854 648 254 636 (D) (D) 247 289 4,306 1,828 84 23 64 51 65 808 1,328 58,901 47,684 536 719 312 140 267 648 3,238 9,397 5,117 539 228 639 873 629 1,426 60,396 48,672 533 918 (NA) (NA) (NA) 692 3,285 9,274 5,018 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,256 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,246 4,105 3,411 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,859 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,473 884 3,296 2,327 1,669 405 6,689 327 1,475 1,804 11,724 1,917 1,144 8,663 (NA) (NA) 7,695 1,116,077 937,789 6,452 4,198 2,852 582 764 9,664 1,156,638 966,335 6,830 4,624 3,138 578 908 12,036 75,584 133,765 93,189 1,772 3,063 2,004 8,913 7,363 44,114 2,382 2,477 9,152 2,648 9,301 40,576 8,484 3,526 480 588 3,413 219 2,098 3,830 3,910 11,059 2,968 59,602 74,001 32,157 3,794 1,251 436 8,676 1,449 1,046 264 8,172 3,504 3,565 58,276 12,080 14,893 9,742 (NA) 13,613 2,557 5,391 79,786 32,384 139,559 22,414 45,115 13,678 93,512 17,632 33,016 32,365 190,303 23,852 16,288 150,163 33,892 116,271 8,277 1,180,461 980,380 6,986 5,263 (NA) (NA) (NA) 12,443 67,287 132,866 91,715 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 41,151 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 60,497 72,412 32,268 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 62,766 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 77,154 31,397 149,926 22,643 45,610 14,679 100,107 18,224 34,193 33,657 200,080 24,935 17,730 157,415 (NA) (NA) 511 151,693 128,237 226 4,056 2,500 649 907 1,239 12,295 11,607 8,180 264 646 306 869 610 3,094 147 681 158,809 134,133 238 4,668 2,752 704 590 166,314 139,734 238 5,778 (NA) (NA) (NA) 1,157 11,826 11,783 8,106 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,677 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 8,667 9,106 4,257 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 13,293 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 11,492 4,705 20,618 3,644 6,632 1,499 12,799 2,135 5,184 4,922 26,580 5,378 3,736 17,466 (NA) (NA) 144 134,065 117,282 47 227 (D) 146 140,959 123,231 48 242 (D) 127 (D) 1,282 7,037 19,339 13,713 107 233 326 2,462 1,721 1,170 1,174 (D) (D) 137 143,591 125,096 47 291 (NA) (NA) (NA) 1,366 6,514 19,445 14,047 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,398 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 7,058 8,107 2,736 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,261 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 24,139 2,546 14,281 4,364 4,596 3,213 14,835 1,095 2,779 3,423 18,495 1,782 957 15,755 (NA) (NA) 169 27,899 23,906 211 28,536 24,341 216 28,954 24,634 23 39 (NA) (NA) (NA) 275 1,736 2,873 1,310 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,563 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,323 1,773 616 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 590 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,983 479 3,436 1,139 943 311 3,221 298 746 831 4,320 494 516 3,310 (NA) (NA) 222 109 431 622 2,927 3,843 3,326 71 (D) 9 1,902 25 100 5 414 (D) 347 1,632 249 26 596 8 671 77 5 2,226 896 2,914 2,026 1,475 338 6,036 292 1,324 1,647 10,773 1,826 1,026 7,921 3,198 4,723 221 598 470 386 247 284 4,281 1,833 81 21 67 49 63 774 239 101 438 615 3,086 4,000 3,424 66 (D) 9 1,964 31 107 5 440 (D) 347 2,462 255 26 642 (NA) 1,457 70 12 2,353 894 3,125 2,069 1,555 373 6,356 312 1,413 1,726 11,217 1,871 1,053 8,293 3,369 4,923 11,688 78,867 132,286 92,339 1,919 3,133 2,036 8,487 7,241 43,707 2,294 2,497 9,267 2,771 8,987 39,947 8,351 3,597 503 571 3,303 203 2,166 3,826 3,660 10,774 2,992 55,981 72,152 31,220 3,769 1,218 421 8,368 1,362 1,004 241 7,917 3,582 3,337 56,663 11,272 14,949 9,381 795 11,728 8,347 192 79,415 34,697 130,220 21,561 42,626 12,807 88,102 16,966 30,973 30,914 178,289 23,114 15,301 139,874 31,422 108,452 121 945 346 831 3,427 850 542 7 75 52 14 146 419 325 659 339 7,572 8,674 4,201 971 (D) • (D) 1,150 202 218 21 532 443 356 12,107 2,663 127 5,030 114 3,454 708 11 10,646 5,127 17,757 3,322 5,944 1,312 11,103 2,012 4,612 4,425 23,456 4,977 3,234 15,245 4,454 10,791 1,212 1,076 12,140 11,653 8,161 266 664 314 920 688 2,905 141 (D) (D) 362 826 3,492 874 609 8 84 42 15 124 417 304 679 338 8,302 9,028 4,262 910 (D) (D) 1,228 215 228 24 557 444 342 12,353 2,663 125 5,159 (NA) 3,658 579 169 11,020 4,911 19,322 3,684 6,413 1,423 11,887 2,103 4,988 4,664 24,677 5,190 3,408 16,078 4,607 11,470 120 (D) 1,189 7,153 18,773 13,201 108 213 335 2,375 1,617 1,171 1,068 (D) (D) 196 1,689 5,571 389 252 53 65 (D) (D) 557 903 50 2,777 452 6,688 7,912 2,602 152 (D) 114 509 443 22 5 476 (D) 447 3,912 931 83 1,191 69 1,198 402 38 22,072 2,640 12,844 4,215 4,152 2,775 13,293 1,010 2,569 3,209 16,782 1,730 935 14,117 5,179 8,938 201 1,710 5,625 385 224 59 69 37 77 527 898 49 2,844 457 6,870 8,060 2,839 178 (D) 271 528 459 23 5 472 (D) 478 4,132 984 111 1,274 (NA) 1,294 255 214 23,619 2,617 13,614 4,886 4,505 2,992 14,020 1,064 2,706 3,359 17,728 1,761 921 15,046 5,682 9,364 21 29 (D) (D) (D) 248 1,980 2,881 1,378 22 32 22 56 73 109 31 286 64 (D) (D) 46 249 1,503 353 (D) (D) (D) (D) 245 1,851 3,116 1,556 19 54 82 113 28 375 80 (D) (D) 44 253 1,559 365 (D) (D) (D) (D) 72 43 (D) 707 105 1,380 1,748 597 81 44 (D) 710 107 1,330 1,797 619 19 21 10 1 22 84 2 180 38 (D) 3 96 (D) 104 525 80 7 87 8 193 142 8 4,271 483 2,981 1,114 894 270 2,740 287 691 766 3,992 438 442 3,112 1,757 1,355 11 1 86 3 189 43 (D) 4 100 (D) 106 554 83 7 92 (NA) 214 143 15 4,027 491 3,169 1,095 928 286 2,964 295 724 796 4,195 473 468 3,255 1,846 1,409 0 0 0 4,582 4,575 4,863 3 6 7 8 9 10 11 12 13 14 15 16 17 18 0 0 0 19 69,670 41,276 946 72,997 43,820 959 76,475 45,874 964 13 (NA) (NA) (NA) 306 936 178 61 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 117 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 594 679 349 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,900 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,612 1,144 18,467 413 2,261 2,487 3,872 550 1,874 5,276 30,601 25,140 2,169 3,293 (NA) (NA) 20 21 22 10 10 9 (L) 9 (L) 271 880 195 77 (D) (D) (D) 7 3 27 (D) (L) (D) 9 5 118 283 899 182 60 (D) 7 (D) (D) 3 19 (D) (L) (D) 1 1 10 4 12 122 12 (D) (D) (D) 3 1 1 0 1 1 0 (D) 48 13 39 (D) 495 (D) 47 14 43 (D) 573 675 347 15 198 (D) 14 48 (D) 4 13 (D) (D) 2,798 988 94 789 (NA) 552 668 357 14 198 8 13 52 (D) (D) 14 (D) (D) 2,692 948 88 738 32 346 309 232 2,631 1,160 16,416 335 1,974 2,173 3,422 447 1,719 4,484 28,394 23,508 2,038 2,848 66 309 2,849 1,158 17,398 464 2,146 2,282 3,682 441 1,799 4,876 29,178 24,093 2,069 3,015 0 0 2,848 3,015 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 86 87 88 89 90 66 Regional Quarterly Report April 2009 Table 4. Personal Income by Major Source [Millions Florida Item Georgia Hawaii Idaho Line 2006' 2007' 2008 p 2006' 2007' 2008 p 668,484 18,019 37,099 699,176 18,200 38,417 716,089 18,328 39,070 300,982 9,319 32,299 319,018 9,523 33,499 329,071 9,686 33,975 47,334 1,275 37,117 50,125 1,277 39,242 52,159 1,288 40,490 44,383 1,461 30,374 47,583 1,496 31,804 48,965 1,524 32,133 436,311 49,799 26,833 22,967 1,724 388,235 176,661 103,587 447,433 51,048 27,831 23,216 1,891 398,276 190,467 110,434 446,954 51,137 28,022 23,115 1,985 397,802 197,380 120,907 240,327 25,376 13,295 12,080 -880 214,071 46,392 40,519 251,982 26,540 14,034 12,506 -930 224,512 50,911 43,595 255,649 27,017 14,345 12,672 -907 227,725 52,889 48,457 37,820 3,892 1,987 1,905 39,524 4,032 2,088 1,943 40,763 4,156 2,169 1,987 0 0 0 33,928 7,446 5,960 35,492 8,096 6,537 36,607 8,341 7,212 32,484 3,757 1,842 1,915 657 29,385 8,450 6,548 34,257 3,901 1,939 1,962 714 31,069 9,433 7,081 34,374 3,936 1,974 1,961 756 31,195 9,911 7,859 325,186 71,029 48,063 22,967 40,095 204 39,891 335,378 72,124 48,907 23,216 39,931 154 39,777 334,563 72,707 49,592 23,115 39,684 79 39,605 173,732 40,315 28,235 12,080 26,279 851 25,428 182,883 41,885 29,379 12,506 27,214 1,241 25,973 185,388 42,888 30,216 12,672 27,373 944 26,429 27,050 7,626 5,721 1,905 3,144 28,561 7,993 6,050 1,943 2,970 29,483 8,366 6,378 1,987 2,915 -45 2,959 22,340 5,485 3,571 1,915 4,659 203 4,456 23,556 5,695 3,733 1,962 5,006 623 4,383 23,819 5,795 3,834 1,961 4,760 422 4,338 1,524 434,787 365,837 1,714 704 208 458 38 2,905 38,820 26,859 18,923 1,038 1,759 334 2,132 1,740 4,274 571 854 2,605 803 2,813 7,936 1,563 799 65 224 240 67 847 1,160 431 1,748 792 25,077 34,804 13,545 2,045 (D) 1,054 3,047 554 24 1,620 445,813 373,226 1,768 776 224 515 37 2,979 35,927 26,712 18,718 813 1,675 332 2,065 1,761 4,334 606 839 2,648 740 2,904 7,995 1,596 781 63 230 219 53 847 1,196 423 1,840 747 26,313 34,765 13,987 1,596 445,357 369,412 1,858 871 (NA) (NA) (NA) 3,282 30,485 26,223 18,259 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 7,964 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 26,384 34,108 14,058 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 14,671 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 31,239 12,617 42,933 8,149 23,549 5,464 50,606 8,788 18,436 15,691 75,945 12,915 8,295 54,736 (NA) (NA) 1,177 239,149 197,924 783 616 (D) 513 (D) 3,129 14,825 27,743 13,680 1,127 1,215 579 1,394 1,393 1,335 1,595 250,387 206,821 792 656 (D) 545 (D) 3,278 14,878 27,491 13,387 1,055 1,223 590 1,471 1,416 1,261 1,252 (D) (D) 612 1,363 14,104 3,752 287 1,263 1,822 240 5 1,761 1,192 250 2,315 1,216 17,664 16,029 1,308 254,341 208,092 771 582 (NA) (NA) (NA) 3,476 13,799 26,945 13,149 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 13,797 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 17,924 15,712 10,771 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 14,002 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 16,098 5,683 24,835 5,361 11,359 3,415 21,295 1,884 7,283 6,897 46,249 9,762 8,171 28,316 (NA) (NA) 181 40,582 26,905 59 62 (NA) (NA) (NA) 325 3,156 689 31,795 26,015 420 189 17 160 1,142 33,115 27,106 421 227 19 189 19 279 3,024 4,334 3,058 442 104 32 219 158 1,598 32 (D) (D) 94 958 33,416 27,051 403 249 (NA) (NA) (NA) 310 2,552 4,227 2,882 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,345 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,677 2,847 1,048 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 602 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,539 508 3,361 678 1,270 285 3,406 310 915 864 6,365 1,189 621 4,554 (NA) (NA) 2006' 2007' 2008 p 2007' 2006' 2008 p Income by place of residence Personal income (lines 4-11).............................................................................. Population (thousands)2...................................................................................... Per capita personal income (dollars) 3.................................................................. 1 2 3 Derivation of personal income Earnings by place of work (lines 12-18 or 19-90) ........................................... Less: Contributions for government social insurance4. Employee and self-employed contributions for government social insurance........ Employer contributions for government social insurance.................................... Plus: Adjustment for residence5............................... Equals: Net earnings by place of residence.............. Plus: Dividends, interest, and rent6.......................... Plus: Personal current transfer receipts................................................................. 4 5 6 7 8 9 10 11 Earnings by place of work Components of earnings: Wage and salary disbursements...................................................................... Supplements to wages and salaries...................... Employer contributions for employee pension and insurance fund................... Employer contributions for government social insurance................................. Proprietors’ income7........................................... Farm.............................................................. Nonfarm......................................................... 12 13 14 15 16 17 18 1 -6 3,143 2,976 210 213 39,311 26,544 41 55 Earnings by industry Farm earnings................................................................................................... Nonfarm earnings............................................................................................... Private earnings............................................................................................. Forestry, fishing, related activities, and other8............................................... Mining....................................................................................................... Oil and gas extraction.............................................................................. Mining, except oil and gas....................................................................... Support activities for mining.................................................................... Utilities...................................................................................................... Construction...... ...................................................................................... Manufacturing............................................................................................ Durable goods manufacturing.................................................................. Wood product manufacturing.............................................................. Nonmetallic mineral product manufacturing........................................... Primary metal manufacturing ...................................................... Fabricated metal product manufacturing................................................ Machinery manufacturing............. Computer and electronic product manufacturing.................................... Electrical equipment and appliance mfg................................................ Motor vehicles, bodies and trailers, and parts manufacturing.................. Other transportation equipment manufacturing ............................... Furniture and related product manufacturing......................................... Miscellaneous manufacturing.............................................................. Nondurable goods manufacturing............................................................ Food manufacturing............................................................................ Beverage and tobacco product manufacturing....................................... Textile mills........................................................................................ Textile product mills............................................................................ Apparel manufacturing........................................................................ Leather and allied product manufacturing.............................................. Paper manufacturing........................................................................... Printing and related support activities................................................... Petroleum and coal products manufacturing.......................................... Chemical manufacturing..................................................................... Plastics and rubber products manufacturing.......................................... Wholesale trade......................................................................................... Retail trade Transportation and warehousing................................................................... Air transportation.................................................................................... Rail transportation.................................................................................. Water transportation............................................................................... Truck transportation................................................................................ Transit and ground passenger transportation............................................. Pipeline transportation............................................................................ Scenic and sightseeing transportation...................................................... Support activities for transportation.......................................................... Couriers and messengers....................................................................... Warehousing and storage....................................................................... Information................................................................................................. Publishing industries, except Internet........................................................ Motion picture and sound recording industries.......................................... Broadcasting, except Internet.................................................................. Internet publishing and broadcasts.......................................................... Telecommunications............................................................................... ISPs, search portals, and data processing................................................ Other information services...................................................................... Finance and insurance............................................................................... Real estate and rental and leasing............................................................... Professional and technical services............................................................. Management of companies and enterprises................................................. Administrative and waste services................................................................ Educational services................................................................................... Health care and social assistance................................................................ Arts, entertainment, and recreation.............................................................. Accommodation and food services............................................................... Other services, except public administration................................................. Government and government enterprises........................................................ Federal, civilian.......................................................................................... Military... State and local........................................................................................... State.. Local..................................................................................................... See the footnotes at the end of the table. 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 86 87 88 89 90 2,221 635 1,108 3,082 570 25 100 111 3,223 (D) 1,281 14,035 3,045 561 3,804 172 4,587 1,785 82 30,857 13,959 39,470 7,376 25,479 4,616 45,227 8,032 17,481 14,875 68,951 11,637 7,648 49,665 10,192 39,473 3,412 1,512 1,310 14,151 3,136 622 3,807 (NA) 4,743 1,491 353 31,865 13,193 41,060 8,365 25,911 5,048 47,969 8,485 18,366 15,586 72,587 12,086 7,863 52,638 10,649 41,989 1,222 1,497 1,987 603 1,327 14,063 3,527 394 1,343 1,793 261 5 1,832 1,139 259 2,278 1,232 16,821 15,585 9,756 2,596 662 21 2,832 171 28 16 1,176 1,115 1,139 12,763 2,334 232 4,046 74 4,588 1,450 38 15,263 6,037 21,471 5,175 10,707 2,996 19,128 1,693 6,862 6,571 41,225 8,835 7,027 25,364 7,412 17,952 11,102 3,597 (D) 22 2,915 194 31 16 1,258 (D) 1,276 13,625 2,662 243 4,329 (NA) 5,322 925 144 15,905 5,967 23,137 5,571 11,240 3,225 20,391 1,813 7,203 6,856 43,566 9,285 7,435 26,847 7,775 19,072 37,611 25,616 53 53 2 (D) (D) 293 3,003 1,000 376 19 130 (D) 28 3 5 (D) 2 34 33 75 624 234 56 3 9 25 (D) 73 57 (D) 41 17 1,081 2,459 1,538 525 (L) 230 167 60 (D) 162 294 (D) 33 758 186 52 92 4 366 50 8 1,303 1,064 2,288 632 1,475 522 3,230 449 3,231 1,183 11,995 2,816 4,432 4,747 3,649 1,097 2 (D) (D) 306 3,188 1,003 387 (D) 132 (D) 29 3 5 (D) (D) (D) 33 72 616 228 55 3 11 23 (D) 71 57 (D) 42 15 1,149 2,506 1,620 532 (L) 253 178 63 (D) 179 309 (D) 35 759 188 64 93 (NA) 355 45 14 1,291 1,018 2,380 655 1,583 552 3,362 471 3,373 1,232 12,768 2,974 4,771 5,023 3,850 1,174 1,012 394 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 618 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,201 2,540 1,513 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 744 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,320 971 2,534 655 1,616 596 3,550 481 3,297 1,271 13,677 3,142 5,150 5,386 (NA) (NA) 12 266 2,897 4,243 3,019 451 98 29 202 149 1,594 29 (D) (D) 98 217 1,224 648 200 1,276 676 21 22 (D) (D) 9 9 5 172 75 (D) 165 69 1,656 2,864 1,031 46 (D) 8 7 4 161 73 (D) 156 69 1,520 2,819 987 44 (D) (D) 519 37 (D) 1 549 41 (D) 11 11 92 93 53 530 161 15 82 13 225 28 7 1,452 549 3,056 786 1,209 250 2,926 282 833 802 5,779 1,097 544 4,139 1,291 2,848 97 94 52 546 169 13 89 (NA) 226 24 25 1,508 533 3,194 759 1,250 270 3,171 309 896 835 6,009 1,127 576 4,306 1,348 2,958 April 2009 S u rvey of C urren t B 67 u s in e s s and Earnings by Industry, 2006-20081 —Continues of dollars] Illinois Indiana Iowa Kansas Louisiana Kentucky Line 210,448 6,336 33,215 217,467 6,377 34,103 97,152 2,967 32,741 104,168 2,983 34,916 110,135 3,003 36,680 95,160 2,756 34,525 101,444 2,777 36,525 106,421 2,802 37,978 124,058 4,199 29,542 130,581 4,236 30,824 135,873 4,269 31,826 139,329 4,244 32,832 153,504 4,373 35,100 159,983 4,411 36,271 1 2 385,313 41,640 20,973 20,667 -1,713 341,960 86,564 62,160 403,923 43,132 21,961 21,170 -1,963 358,828 95,860 71,318 416,320 44,352 22,683 21,669 -1,956 370,012 99,039 77,934 152,847 17,214 9,058 8,156 4,146 139,780 29,545 32,127 158,509 17,732 9,403 8,329 4,547 145,323 32,191 32,933 161,702 18,144 9,654 8,489 4,697 148,256 33,191 36,021 74,101 8,559 4,539 4,020 838 66,380 15,263 15,509 79,219 9,004 4,789 4,215 991 71,206 16,711 16,251 83,747 9,451 5,042 4,409 1,028 75,324 17,279 17,532 72,714 8,054 4,193 3,861 798 65,457 16,120 13,582 77,365 8,399 4,468 3,931 910 69,877 17,237 14,330 80,960 8,788 4,713 4,075 860 73,031 17,912 15,478 94,356 10,526 5,523 5,003 - 2,211 81,619 18,190 24,249 98,437 11,024 5,822 5,203 -2,355 85,058 19,615 25,908 101,288 11,406 6,041 5,365 -2,559 87,323 20,270 28,281 101,148 10,118 5,607 4,510 -156 90,875 22,432 26,022 108,544 10,921 115,510 11,656 6,553 5,103 -184 103,671 27,746 28,566 4 5 10 11 278,690 62,708 42,041 20,667 43,914 976 42,938 293,175 64,497 43,326 21,170 46,251 1,961 44,290 301,061 66,418 44,749 21,669 48,840 3,067 45,773 110,725 26,849 18,693 8,156 15,274 465 14,808 114,165 27,656 19,327 8,329 16,688 945 15,743 116,145 28,250 19,761 8,489 17,307 1,444 15,863 53,075 12,615 8,594 4,020 8,411 1,744 6,667 55,890 13,119 8,904 4,215 58,390 13,658 9,250 4,409 11,698 4,557 7,141 51,141 12,749 8,887 3,861 8,825 104 8,720 54,272 13,238 9,307 3,931 9,855 412 9,443 56,755 13,852 9,777 4,075 10,352 439 9,914 67,890 17,485 12,482 5,003 8,981 738 8,243 71,033 18,130 12,928 5,203 9,273 548 8,726 73,025 18,767 13,402 5,365 9,496 656 8,840 70,799 17,631 13,121 4,510 12,718 270 12,448 81,410 19,503 14,400 5,103 14,597 510 14,088 13 14 15 16 17 18 1,403 383,909 333,201 381 2,950 2,225 642 83 3,162 23,711 51,700 31,676 442 1,297 1,298 157,210 135,430 251 929 134 780 15 1,725 10,067 39,952 28,930 806 874 4,111 3,380 3,040 1,335 711 9,558 1,326 1,164 2,627 1,808 159,894 137,118 2,157 71,944 59,809 259 162 3,799 75,420 62,655 289 174 7 164 3 815 4,787 14,445 9,128 623 322 586 1,170 2,690 1,226 617 (D) (D) 512 294 5,317 2,616 5,168 78,580 65,223 299 186 (NA) (NA) (NA) 505 72,209 58,721 255 1,389 959 114 316 731 3,935 13,031 7,805 98 354 177 658 922 535 252 (D) (D) 209 351 5,226 1,491 30 903 76,462 62,072 281 1,571 1,097 8 10 146 205 73 1,783 2,593 1,747 5,557 2,782 24,470 21,038 15,520 3,345 1,347 148 4,734 756 134 32 2,313 863 1,848 10,791 2,925 464 2,447 150 3,507 1,186 113 35,063 9,585 44,539 11,583 15,242 5,730 33,478 3,364 9,399 11,497 50,708 8,175 2,926 39,607 8,817 30,789 152 50 67 7 165 545 1,443 927 494 3,934 4,520 2,630 38 (D) (D) 1,013 84 79 (D) 246 324 314 3,399 421 25 543 5 2,203 180 52 73 5 156 543 1,522 920 526 4,199 4,680 2,760 35 (D) (D) 1,036 93,320 74,491 395 2,061 364 1,550 147 585 5,108 16,353 10,655 536 538 1,053 1,154 1,178 661 691 3,939 229 277 400 5,699 1,113 522 52 75 169 16 932 100,356 79,547 422 2,475 (NA) (NA) (NA) 655 5,357 16,306 10,524 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,781 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,310 6,560 5,353 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,727 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,235 1,155 5,882 2,023 2,994 825 11,140 611 2,730 2,785 20,809 3,283 4,531 12,996 (NA) (NA) 448 100,700 81,920 487 5,979 2,907 165 2,907 1,070 8,069 11,454 5,080 438 345 245 1,045 883 149 81 (D) (D) 59 252 6,374 68 949 80,011 64,747 263 1,870 (NA) (NA) (NA) 861 4,148 13,770 8,290 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,480 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,521 4,780 2,770 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,730 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,368 1,038 5,728 1,284 2,968 581 7,632 316 1,811 2,308 15,264 2,217 2,825 813 97,624 77,945 407 66 3,593 412,726 357,815 424 3,768 (NA) (NA) (NA) 3,539 22,945 53,437 32,819 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 20,617 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 26,869 21,635 15,872 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 12,178 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 38,468 8,780 49,912 12,520 17,128 6,637 37,174 3,646 10,171 12,712 54,912 8,798 3,367 42,747 (NA) (NA) 790 152,057 131,070 231 835 113 712 6,618 7,739 3,341 2,086 2,909 568 889 3,664 20,024 4,529 544 2,472 401,451 348,821 412 3,217 2,458 665 94 3,304 23,236 53,120 32,632 441 1,251 2,097 6,850 8,085 3,370 2,119 2,997 631 894 3,897 20,489 4,695 533 11 1,022 4,014 2,215 7,880 9,688 6,359 360 486 (D) 3,101 99 59 3 538 (D) 854 2,402 732 72 366 14 1,061 150 7 6,937 2,509 7,850 2,347 5,036 1,751 15,858 1,767 3,775 4,655 20,987 3,200 836 16,951 4,667 12,285 11,022 1,558 247 29 124 57 34 874 974 1,050 4,052 2,022 8,301 9,847 6,647 381 (D) (D) 3,232 104 62 4 596 611 869 2,520 775 70 385 (NA) 1,129 131 30 7,052 2,482 8,572 2,444 5,358 1,861 16,746 1,861 3,917 4,898 21,780 3,356 848 17,577 4,858 12,719 221 1,866 4,007 5,066 22,776 3,519 926 18,332 (NA) (NA) 6 153 2 729 4,861 14,038 8,865 600 .338 567 1,114 2,531 1,113 693 (D) (D) 504 322 5,173 2,569 72 7 23 61 18 328 392 156 862 685 4,040 5,047 2,984 17 335 14 1,736 51 48 3 177 225 377 1,807 616 39 194 10 556 386 6 6,456 897 3,279 941 1,911 905 7,163 599 1,672 2,059 12,135 1,457 523 10,155 3,405 6,749 2008 p 10,211 3,206 7,005 66 7 26 59 17 324 405 158 953 684 4,283 5,161 3,174 17 345 15 1,828 59 48 (D) 201 (D) 436 1,871 617 36 206 (NA) 583 391 37 6,883 881 3,585 1,090 2,075 971 7,538 638 1,782 2,212 12,765 1,529 510 10,726 3,618 7,108 868 4,914 14,849 9,197 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,652 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,582 5,329 3,151 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,938 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 7,296 874 3,833 1,096 2,172 1,052 7,983 646 1,878 2,279 13,356 1,567 464 11,325 (NA) (NA) 2006' 2007' 21 3,927 1,049 4,845 1,074 2,634 481 6,754 298 1,752 2,082 13,489 2,165 2,172 9,151 2,393 6,758 2008p 120 355 792 4,049 13,450 8,062 97 342 186 715 1,010 538 248 (D) (D) 215 354 5,388 1,552 29 1,100 89 78 (D) 251 312 346 3,731 431 26 592 (NA) 2,476 177 29 4,191 1,041 5,291 1,140 2,861 521 7,200 312 1,775 2,226 14,390 2,141 2,544 9,706 2,542 7,164 10,222 (NA) (NA) 688 667 232 1,274 890 4,879 6,356 5,135 483 (D) 94 1,398 78 96 9 410 (D) 654 1,561 311 31 223 15 673 302 7 4,835 1,129 5,116 1,704 2,820 722 10,041 567 2,580 2,542 18,829 3,056 3,911 11,862 4,358 7,503 2,120 407 1,531 183 611 5,286 16,621 10,846 539 535 1,058 ' 1,196 1,204 644 658 4,056 285 268 404 5,775 1,171 503 53 82 149 15 701 683 212 1,307 898 5,238 6,573 5,528 609 (D) 117 1,472 87 93 9 458 P) 711 1,632 321 31 232 (NA) 706 316 26 5,126 1,172 5,528 1,800 2,919 779 10,641 612 2,672 2,681 19,679 3,161 4,017 12,501 4,635 7,866 2008p 2008p 201,452 6,294 32,006 1,017 (NA) (NA) (NA) 1,881 9,921 39,018 27,742 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 11,276 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 8,592 9,817 6,677 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,635 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 7,197 2,404 9,140 2,551 5,478 1,977 17,653 2006' 2007' 546,985 12,902 42,397 1,656 9,775 39,760 28,714 851 870 4,001 3,294 3,005 1,429 797 9,563 1,298 1,152 2,455 11,046 1,489 263 25 126 57 26 862 947 2008p 2006' 526,006 12,826 41,012 201 2007' 2007' 490,683 12,760 38,456 69 1,732 2,623 1,711 5,951 2,754 26,102 21,960 15,734 3,003 1,383 160 4,902 812 157 34 2,457 834 1,993 11,493 3,171 454 2,598 (NA) 3,768 1,145 356 37,899 9,342 46,901 12,537 16,587 6,117 35,282 3,547 9,906 12,127 52,630 8,437 3,103 41,090 9,083 32,007 2006' 2006' 2007' 2,122 2008p 2007' 2006' 688 143 29 33 18 7 772 144 1,694 2,581 266 4,701 7,064 4,985 224 (D) 759 1,040 112 297 22 1,610 (D) 342 1,852 251 95 565 6 811 116 7 4,052 2,222 6,925 1,457 3,653 1,027 9,576 1,289 3,000 3,056 18,780 2,902 2,245 13,633 5,225 8,409 6,120 4,800 -155 97,469 29,646 26,388 76,342 18,405 13,605 , 4,800 13,797 460 13,337 642 107,902 87,731 513 6,601 3,215 152 3,233 1,136 8,566 11,997 5,561 452 356 233 1,258 1,051 151 75 (°) (D) 61 268 6,436 708 135 29 35 17 8 742 151 1,656 2,694 261 5,036 7,295 5,548 244 (D) 931 1,098 107 324 17 1,878 (D) 375 1,946 265 152 612 (NA) 799 102 16 4,231 2,329 7,655 1,636 3,847 1,095 10,324 1,446 3,266 3,263 20,172 2,913 2,335 14,923 5,743 9,180 699 114,811 92,871 518 7,809 (NA) (NA) (NA) 1,258 9,118 12,163 5,565 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 6,598 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,287 7,401 5,788 (NA) (NA) NA) (NA) (NA) (NA) (NA) (NA) NA) (NA) 2,084 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,382 2,277 8,292 1,820 4,073 1,222 11,029 1,521 3,401 3,428 21,940 2,994 2,481 16,465 (NA) (NA) 3 6 7 8 9 12 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 86 87 88 89 90 68 Regional Quarterly Report April 2009 Table 4. Personal Income by Major Source [Millions Maine Item Maryland Massachusetts Michigan Line 2006r 2007r 2008 p 2006r 2007r 2008 p 2006r 2007r 2008 p 2006r 2007r 2008 p Income by place of residence Personal income (lines 4-11).............................................................................. Population (thousands)2..................................................................................... Per capita personal income (dollars)3.................................................................. 1 2 3 42,404 1,313 32,287 44,711 1,315 33,991 46,578 1,316 35,381 245,879 5,602 43,889 261,115 5,619 46,471 270,924 5,634 48,091 298,363 6,443 46,305 316,896 6,468 48,995 329,673 6,498 50,735 332,617 10,084 32,985 345,940 10,050 34,423 353,113 10,003 35,299 29,981 3,314 1,823 1,491 820 27,486 6,632 8,285 31,184 3,464 1,913 1,551 853 28,573 7,366 8,772 32,157 3,611 1,997 1,614 875 29,421 7,684 9,473 173,328 19,183 9,870 9,313 25,412 179,557 39,336 26,986 181,703 20,069 10,429 9,639 26,414 188,049 44,122 28,944 187,202 20,825 9,959 27,617 193,994 45,437 31,492 236,895 25,201 12,749 12,452 -5,112 206,582 50,736 41,045 249,653 26,463 13,475 12,988 -5,719 217,471 55,286 44,139 258,564 27,485 14,049 13,435 -6,049 225,030 56,854 47,789 256,821 29,475 15,050 14,424 1,409 228,755 48,181 55,681 262,266 29,977 15,353 14,624 1,469 233,758 52,340 59,842 262,655 30,100 15,461 14,639 1,539 234,094 53,889 65,130 21,409 5,228 3,738 1,491 3,343 14 3,329 22,362 5,377 3,826 1,551 3,445 49 3,395 23,156 5,574 3,960 1,614 3,427 78 3,348 126,139 30,284 20,972 9,313 16,905 126 16,779 132,453 31,297 21,658 9,639 17,953 136,708 32,470 22,511 9,959 18,025 159 17,866 174,487 37,307 24,855 12,452 25,101 -17 25,118 185,821 38,831 25,843 12,988 25,000 3 24,998 192,782 40,245 26,810 13,435 25,537 -28 25,564 185,261 43,710 29,285 14,424 27,850 306 27,545 188,116 44,763 30,139 14,624 29,387 367 29,020 187,914 44,959 30,320 14,639 29,781 517 29,264 103 29,878 24,119 366 16 129 31,055 25,072 384 18 (D) 15 162 31,995 25,836 362 23 (NA) (NA) (NA) 249 1,928 3,937 269 173,059 132,300 128 172 19 123 30 2,962 13,872 10,693 6,268 194 327 366 568 583 2,534 159 340 181,363 138,228 126 178 293 186,909 141,398 95 236,800 209,086 507 396 (D) 104 249,549 220,620 528 403 (D ) (D ) 128 792 256,029 218,657 328 990 509 359 1,651 13,235 26,298 18,683 185 472 391 2,705 1,719 8,146 1,772 12,984 27,559 19,594 176 513 408 2,529 1,909 8,847 1,108 1,024 261,242 223,094 347 1,097 584 366 147 3,300 13,107 54,100 42,740 556 1,088 2,224 4,884 5,210 1,563 1,075 (D) (D) (D ) 78 258,486 228,232 537 451 (NA) (NA) (NA) 1,901 12,637 26,709 19,131 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 7,579 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 13,570 12,624 4,391 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 9,956 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 30,401 4,925 38,479 7,502 8,711 8,810 31,035 2,579 6,543 6,470 30,254 5,323 1,089 23,842 (NA) (NA) 1,196 261,458 221,907 349 1,251 (NA) (NA) (NA) 3,310 11,965 51,270 39,761 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 11,508 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 13,616 15,825 7,259 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,984 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 13,261 5,619 27,855 6,795 10,834 2,617 29,074 2,630 6,018 7,372 39,551 5,163 995 33,394 (NA) (NA) Derivation of personal income Earnings by place of work (lines 12-18 or 19-90)................................................. Less: Contributions for government social insurance4............................................ Employee and self-employed contributions for government social insurance........ Employer contributions for government social insurance.................................... Plus: Adjustment for residence5........................................................................... Equals: Net earnings by place of residence.......................................................... Plus: Dividends, interest, and rent6...................................................................... Plus: Personal current transfer receipts................................................................. 4 5 6 7 8 9 10 11 10,866 Earnings by place of work Components of earnings: Wage and salary disbursements...................................................................... Supplements to wages and salaries...................... Employer contributions for employee pension and insurance fund................... Employer contributions for government social insurance................................. Proprietors’ income ' ............................................ Farm.............................................................. Nonfarm......................................................... 12 13 14 15 16 17 18 211 17,742 Earnings by industry Farm earnings................................................................................................... Nonfarm earnings............................................................................................... Private earnings............................................................................................. Forestry, fishing, related activities, and other8............................................... Mining....................................................................................................... Oil and gas extraction.............................................................................. Mining, except oil and gas....................................................................... Support activities for mining.................................................................... Utilities...................................................................................................... Construction.............................................................................................. Manufacturing............................................................................................ Durable goods manufacturing.................................................................. Wood product manufacturing............................................................... Nonmetallic mineral product manufacturing........................................... Primary metal manufacturing............................................................... Fabricated metal product manufacturing................................................ Machinery manufacturing................................................................... Computer and electronic product manufacturing.................................... Electrical equipment and appliance mfg................................................ Motor vehicles, bodies and trailers, and parts manufacturing.................. Other transportation equipment manufacturing..................................... Furniture and related product manufacturing......................................... Miscellaneous manufacturing.............................................................. Nondurable goods manufacturing............................................................ Food manufacturing............................................................................ Beverage and tobacco product manufacturing....................................... Textile mills........................................................................................ Textile product mills............................................................................. Apparel manufacturing........................................................................ Leather and allied product manufacturing.............................................. Paper manufacturing........................................................................... Printing and related support activities................................................... Petroleum and coal products manufacturing.......................................... Chemical manufacturing..................................................................... Plastics and rubber products manufacturing.......................................... Wholesale trade......................................................................................... Retail trade................................................................................................ Transportation and warehousing................................................................... Air transportation.................................................................................... Rail transportation.................................................................................. Water transportation............................................................................... Truck transportation................................................................................ Transit and ground passenger transportation............................................. Pipeline transportation............................................................................ Scenic and sightseeing transportation...................................................... Support activities for transportation.......................................................... Couriers and messengers....................................................................... Warehousing and storage....................................................................... Information................................................................................................. Publishing industries, except Internet....................................................... Motion picture and sound recording industries.......................................... Broadcasting, except Internet................................................................... Internet publishing and broadcasts.......................................................... Telecommunications............................................................................... ISPs, search portals, and data processing................................................ Other information services...................................................................... Finance and insurance............................................................................... Real estate and rental and leasing............................................................... Professional and technical services............................................................. Management of companies and enterprises................................................. Administrative and waste services................................................................ Educational services................................................................................... Health care and social assistance................................................................ Arts, entertainment, and recreation.............................................................. Accommodation and food services............................................................... Other services, except public administration................................................. Government and government enterprises......................................................... Federal, civilian.......................................................................................... Military... State and local........................................................................................... StateLocal..................................................................................................... See the footnotes at the end of the table. 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 86 87 88 89 90 2 14 (L) 223 2,082 3,729 1,834 285 72 63 258 130 226 51 30 552 61 107 1,895 252 89 67 46 22 98 851 108 70 163 128 1,291 2,646 785 17 44 6 363 37 10 10 108 95 94 633 160 36 104 8 216 84 24 1,731 514 1,855 394 832 436 4,447 313 1,010 815 5,759 1,284 594 3,881 1,339 2,542 (D ) 242 2,035 3,811 1,912 284 73 66 281 137 232 47 28 595 64 106 1,898 238 100 70 45 23 95 836 115 68 175 134 1,340 2,733 816 18 45 7 377 38 10 12 114 91 104 663 166 45 109 (NA) 219 93 32 1,781 502 1,966 511 902 472 4,665 337 1,043 851 5,982 1,353 586 4,043 1,404 2,640 2,010 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,927 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,334 2,758 822 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 674 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,848 499 2,155 601 980 480 4,908 344 1,054 881 6,159 1,413 596 4,150 (NA) (NA) (D) 195 685 4,425 826 299 22 125 31 3,317 14,069 11,147 6,513 181 324 360 607 592 2,657 173 192 735 4,634 802 241 68 66 47 90 51 84 12 10 327 816 146 1,308 483 7,564 10,546 3,892 397 191 50 1,067 346 308 820 132 1,673 448 7,903 10,745 4,013 401 (D ) 63 1,096 357 8 (D ) 14 701 594 525 5,027 915 141 1,447 72 1,810 606 37 10,691 4,425 23,111 2,052 6,383 2,938 16,640 1,478 4,329 5,399 40,759 17,924 3,755 19,080 5,741 13,339 16 742 576 556 5,212 970 151 1,628 (NA) 1,933 417 114 10,926 4,433 24,424 2,260 6,753 3,150 17,705 1,563 4,597 5,706 43,135 18,909 3,782 20,445 6,028 14,416 122 196 (NA) (NA) (NA) 3,493 13,539 11,185 6,592 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,593 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 8,074 10,457 4,043 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,482 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 10,843 4,332 26,073 2,369 6,994 3,332 18,818 1,504 4,732 5,813 45,511 19,958 3,956 21,597 (NA) (NA) 1,011 (P) (D ) 321 2,146 7,615 1,206 209 365 173 158 188 897 1,083 263 2,C83 990 12,694 12,570 4,189 496 282 (D ) (D ) (D ) (D ) 333 2,077 7,965 1,176 200 319 206 134 132 924 1,119 213 2,638 903 13,102 12,613 4,398 529 288 66 86 1,114 622 17 44 458 607 483 9,032 4,765 176 638 276 2,007 1,136 691 19 49 492 593 514 9,312 5,030 182 644 (NA) 1,102 803 534 29,244 5,068 35,352 7,245 8,613 8,276 29,073 2,509 6,343 6,224 28,929 5,050 1,025 22,854 7,365 15,489 67 26,522 5,308 33,071 6,564 7,993 7,704 27,144 2,243 6,051 5,913 27,714 4,875 1,016 21,824 6,993 14,830 2,120 122 3,010 13,755 53,916 42,529 571 1,107 2,266 4,910 5,354 1,501 1,036 21,077 904 1,556 2,247 11,387 1,858 297 41 117 57 83 1,067 951 1,425 3,070 2,421 12,830 15,711 7,112 1,025 346 32 2,536 199 347 19 998 626 985 4,810 1,941 182 664 28 1,615 337 43 12,821 6,002 25,892 6,802 11,133 2,315 26,109 2,354 5,782 6,983 37,372 4,758 916 31,698 9,587 22,111 21,202 958 1,634 2,345 11,360 1,899 281 42 112 58 74 1,053 976 1,494 3,031 2,339 13,253 15,837 7,521 1,139 (D ) 32 2,751 204 413 24 1,045 (D ) 951 4,949 1,964 194 686 (NA) 1,741 282 82 13,115 5,821 27,077 6,862 10,995 2,505 27,492 2,474 6,001 7,242 38,148 4,961 937 32,250 9,830 22,420 April 2009 S u rvey of C urren t B 69 u s in e s s and Earnings by Industry, 2006-20081 —Continues of dollars] Minnesota Missouri Mississippi Montana Nevada Nebraska Line 2007' 2008p 86,891 2,939 29,569 189,653 5,833 32,514 199,655 5,878 33,964 208,255 5,912 35,228 29,366 945 31,061 31,783 957 33,225 33,140 967 34,256 59,927 1,760 34,053 64,360 1,769 36,372 67,288 1,783 37,730 96,512 2,484 38,850 101,799 2,554 39,853 104,924 2,600 40,353 1 2 158,491 18,791 9,617 9,174 -1,278 138,422 36,073 25,801 167,368 19,676 10,132 9,544 -1,401 146,291 39,075 27,655 174,690 20,486 10,591 9,895 -1,393 152,811 40,501 29,976 53,480 6,078 3,340 2,738 2,275 49,677 11,198 17,544 55,967 6,300 3,488 2,811 2,530 52,197 12,869 18,302 58,409 6,580 3,652 2,928 2,603 54,433 12,364 20,095 146,884 16,297 8,565 7,733 -4,305 126,281 30,541 32,831 153,284 17,064 8,996 8,068 -4,608 131,611 33,145 34,899 158,666 17,761 9,387 8,374 -4,703 136,202 34,182 37,871 20,799 2,589 1,294 1,295 31 18,241 6,299 4,825 22,293 2,765 1,383 1,382 34 19,562 7,073 5,149 22,945 46,822 5,304 2,745 2,559 -915 40,602 10,618 8,706 49,988 5,512 2,895 2,617 -1,013 43,464 11,697 9,200 52,110 5,744 3,041 2,703 -1,077 45,289 72,716 7,512 3,829 3,683 -571 64,633 21,774 10,105 76,402 7,867 4,022 3,845 -639 67,895 22,900 11,003 77,261 7,941 4,074 3,867 -619 68,701 23,860 12,364 4 5 1,450 1,436 36 20,095 7,437 5,609 117,940 26,328 17,154 9,174 14,223 1,093 13,130 124,742 27,323 17,779 9,544 15,303 1,653 13,650 129,630 28,407 18,512 9,895 16,653 2,865 13,788 37,824 9,907 7,169 2,738 5,750 237 5,513 39,523 10,224 7,412 2,811 41,179 10,695 7,767 2,928 6,535 738 5,797 106,601 25,272 17,539 7,733 15,011 454 14,557 111,576 26,176 18,107 8,068 15,533 592 14,941 115,488 27,217 18,842 8,374 15,962 873 15,089 14,130 3,730 2,435 1,295 2,939 -90 3,029 15,203 3,939 2,557 1,382 3,151 137 3,014 15,857 4,111 2,675 1,436 2,977 -17 2,994 33,449 7,866 5,307 2,559 5,507 609 4,898 35,343 8,124 5,507 2,617 6,520 1,276 5,244 36,903 8,471 5,768 2,703 6,736 1,429 5,307 54,270 11,393 7,710 3,683 7,054 57,529 11,944 8,099 3,845 6,929 13 6,917 58,019 1,604 156,887 135,068 329 558 (D) 500 (D) 1,417 9,441 24,059 15,982 1,046 584 420 2,632 2,298 4,830 563 419 441 613 2,137 8,077 2,197 164 23 97 47 80 904 1,797 410 1,441 916 10,586 9,309 4,941 1,216 (D) 44 1,649 316 43 2,256 165,112 142,392 348 590 (D) 522 (D) 1,490 9,216 24,603 16,422 976 620 426 2,784 2,380 4,794 601 533 398 613 2,297 8,182 2,246 160 24 416 53,064 40,375 515 852 506 77 270 618 3,354 8,555 5,639 644 234 173 521 625 145 506 (D) (D) 920 168 2,916 810 45 801 55,166 41,796 507 953 555 77 321 638 3,387 8,565 5,706 640 248 941 152,343 127,891 323 627 32 521 74 1,260 10,136 19,837 12,570 365 662 607 1,896 1,719 640 852 2,474 1,830 709 816 7,268 2,017 597 34 106 96 175 530 891 192 22,753 17,735 1,052 45,770 37,425 187 206 29 167 1,791 48,197 39,580 215 213 33 169 11 20 10 12 22 10 37 81 544 105 35 (D) 9 9 3 (D) 44 219 53 36 95 558 106 29 79 72,637 62,418 32 1,077 44 938 95 518 9,311 3,272 2,304 95 356 94 305 96 208 57 (D) (D) 164 796 968 202 210 18 (D) 18 11 17 (D) 24 4 (D) 80 218 44 157 213 2,949 5,264 2,500 320 82 (D) 495 676 (D) 65 266 495 69 1,125 650 564 (NA) 1,099 1,956 50,154 41,192 228 254 (NA) (NA) (NA) 1,351 2,999 5,704 2,792 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,912 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,785 3,167 3,545 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,357 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,789 554 3,584 1,618 1,557 596 5,304 292 1,092 1,416 8,963 1,380 958 6,624 (NA) (NA) 91 76,311 65,312 35 1,223 47 1,062 114 530 9,426 3,420 2,438 83 26 339 21,954 17,163 219 823 219 421 183 432 1,953 1,288 730 237 53 77 80 79 28 459 (D) 375 4,509 1,939 1,231 157,435 131,718 332 553 (NA) (NA) (NA) 1,388 9,927 19,729 12,196 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 7,532 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 9,149 10,242 5,866 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 5,797 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 9,510 2,398 13,630 6,744 5,839 2,853 16,227 2,055 4,426 5,056 25,717 5,224 2,545 17,948 (NA) (NA) 99 20,700 16,132 207 764 10 932 57,477 43,301 488 1,129 (NA) (NA) (NA) 692 3,781 8,453 5,636 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,817 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,379 4,252 2,266 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 696 146,188 122,890 317 589 29 525 35 1,173 10,041 19,787 12,612 375 439 (D) 347 4,283 1,813 3,491 171,199 147,305 357 677 (NA) (NA) (NA) 1,616 8,731 24,783 16,539 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 8,244 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 11,818 9,540 5,288 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,723 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 14,560 3,127 14,823 9,964 5,081 2,133 19,795 1,570 3,864 4,856 23,894 3,173 1,081 19,640 (NA) (NA) 105 77,157 65,422 49 1,288 (NA) (NA) (NA) 557 9,028 3,458 2,487 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA (NA) (NA) 971 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,031 5,207 2,691 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,258 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,899 2,104 5,710 2,703 3,050 344 5,711 1,432 12,113 1,790 11,735 1,648 110 21 686 111 13,520 3,119 12,772 7,175 4,643 1,853 17,414 1,509 3,617 4,523 21,819 2,946 911 17,963 4,840 13,123 14,560 3,117 13,958 8,226 4,983 2,014 18,806 1,554 3,782 4,670 22,719 3,066 968 18,685 5,059 13,626 66 37 104 3 442 129 375 508 396 2,222 4,251 2,113 16 141 57 1,083 40 77 3 259 144 294 832 142 14 229 3 417 25 2 1,991 675 2,579 703 1,432 431 5,196 379 2,077 1,600 12,689 2,257 1,709 8,724 2,725 5,999 539 615 155 512 (D) (D) 852 178 2,858 777 42 69 38 95 5 425 132 369 516 390 2,324 4,237 2,222 17 (D) 67 1,126 37 85 3 269 (D) 327 826 147 14 238 (NA) 406 16 5 2,078 677 2,728 784 1,505 456 5,516 456 2,256 1,680 13,371 2,288 1,792 9,290 2,977 6,313 888 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,171 685 2,918 827 1,579 490 5,800 443 2,319 1,741 14,176 2,367 2,015 9,794 (NA) (NA) 666 616 1,789 1,689 561 818 2,528 2,016 734 820 7,174 1,979 563 30 94 103 158 539 878 217 1,673 940 8,286 9,820 5,652 455 (D) 69 2,588 206 30 2008 p 2006' 83,368 2,921 28,541 202 2007' 2008 p 78,419 2,897 27,072 614 5,607 2006' 2007' 223,288 5,220 42,772 6,221 2008 > > 2006' 213,022 5,182 41,105 39 79 895 1,837 353 1,516 920 11,026 9,498 5,442 1,538 (D) 51 1,754 335 43 2007' 2008 p 200,296 5,143 38,944 111 2006' 2007' 2007' 111 2008 > > 2006' 2006' 202 1,675 944 8,785 10,090 5,879 474 (D) 80 2,677 215 29 11 11 557 (D) 608 5,138 1,287 85 948 24 1,692 1,071 31 8,759 2,406 11,908 6,244 4,960 2,486 14,609 1,981 4,046 4,687 23,298 4,854 606 (D) 647 5,382 1,357 2,121 16,322 4,604 11,718 88 1,049 (NA) 1,853 971 64 9,154 2,415 12,780 6,405 5,449 2,665 15,436 2,060 4,300 4,909 24,451 5,016 2,308 17,128 4,809 12,318 202 384 178 406 1,821 1,230 686 239 46 66 68 11 879 1,749 840 35 257 1 323 29 26 (D) 78 (D) (D) 404 90 11 77 3 184 36 1 953 642 1,353 68 544 121 2,495 256 755 647 4,568 1,135 460 2,973 1,122 1,851 8 11 (D) 3 (D) 49 218 65 13 956 1,879 870 35 264 1 338 33 29 (D) 79 81 (D) 411 92 14 81 (NA) 186 34 4 990 606 1,469 91 632 129 2,627 285 815 687 4,791 1,181 467 3,143 1,192 1,950 2,886 211 925 (NA) (NA) (NA) 463 1,780 1,298 719 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA (NA) (NA) 579 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 999 1,933 869 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 435 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,036 581 1,584 122 657 145 2,830 290 857 722 5,018 1,227 496 3,294 (NA) (NA) 10 11 1,095 2,897 5,349 2,628 85 143 97 441 550 350 99 (D) (D) 138 282 2,721 1,643 53 9 15 9 1,253 3,081 5,475 2,700 83 150 98 475 575 295 116 (D) (D) 137 305 2,775 1,684 51 6 5 144 228 140 237 8 16 6 8 10 328 274 2,463 2,985 3,435 30 1,269 346 277 2,600 3,096 3,565 29 1,301 1,411 39 196 1,471 40 217 7 1 6 202 143 138 1,182 237 13 220 6 238 465 3 3,426 549 3,004 1,303 1,522 535 4,719 261 1,019 1,289 8,345 1,355 932 6,058 1,666 4,392 1 212 140 145 1,431 252 13 230 (NA) 283 642 11 3,555 563 3,213 1,519 1,504 569 5,005 283 1,062 1,378 8,617 1,358 927 6,331 1,739 4,592 12,110 9,889 6 7,048 11 (D) 78 209 59 156 203 2,806 5,180 2,293 263 81 (D) 471 649 (D) 56 223 204 323 1,181 241 74 324 22 454 47 19 3,894 2,290 5,365 2,171 3,024 275 5,012 1,374 11,681 1,663 10,218 1,541 979 7,698 1,915 5,783 86 357 100 336 103 218 61 (D) (D) 143 895 982 200 370 1,243 246 85 340 (NA) 485 41 45 3,823 2,241 5,561 2,894 3,059 306 5,415 1,441 12,242 1,740 10,999 1,586 1,072 8,340 2,067 6,274 12,221 8,354 3,867 7,021 24 6,997 3 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 86 1,202 87 8,885 (NA) (NA) 89 90 88 70 Regional Quarterly Report April 2009 Table 4. Personal Income by Major Source [Millions New Hampshire Item New Jersey New Mexico New York Line 2006' 2007' 2008» 2006' 2007' 2008p 2006' 2007' 2008 p 2006' 2007' 2008 p Income by place of residence Personal income (lines 4-11).............................................................................. Population (thousands)2...................................................................................... Per capita personal income (dollars)3 .................................................................. 1 2 3 51,964 1,309 39,703 54,640 1,312 41,639 56,356 1,316 42,830 404,474 8,640 46,813 428,425 8,653 49,511 442,116 8,683 50,919 56,870 1,938 29,346 60,318 1,964 30,706 63,680 1,984 32,091 846,795 19,367 43,724 900,819 19,429 46,364 937,010 19,490 48,076 38,509 4,237 2,321 1,917 4,027 38,298 7,518 6,148 39,709 4,393 2,416 1,977 4,560 39,875 8,319 6,446 40,661 4,552 2,508 2,044 4,756 40,865 8,552 6,939 292,242 33,258 17,590 15,668 33,787 292,771 61,296 50,407 303,648 34,929 18,215 16,714 39,059 307,779 68,262 52,384 311,770 36,189 18,794 17,395 40,438 316,019 69,366 56,730 42,181 4,524 2,419 2,105 297 37,954 8,554 10,361 44,128 4,754 2,540 2,214 331 39,704 9,406 11,209 46,086 4,997 2,673 2,323 347 41,437 9,914 12,330 679,649 72,176 36,275 35,901 -42,828 564,645 143,248 138,902 726,998 76,008 38,505 37,503 -48,546 602,444 153,142 145,232 753,472 78,547 39,857 38,690 -50,275 624,650 156,508 155,851 27,685 5,982 4,066 1,917 4,841 28,743 6,130 4,153 1,977 4,836 5 4,830 29,575 6,325 4,281 2,044 4,761 212,238 44,787 29,119 15,668 35,217 34 35,183 221,666 227,599 47,641 30,245 17,395 36,530 29 36,501 30,278 7,468 5,363 2,105 4,434 147 4,288 31,948 7,799 5,584 2,214 4,381 353 4,028 33,478 8,199 5,875 2,323 4,409 239 4,170 488,039 105,196 69,295 35,901 86,414 206 86,208 529,084 110,148 72,644 37,503 87,767 702 87,065 546,594 113,983 75,293 38,690 92,895 571 92,324 41 39,668 34,816 125 59 5 38 40,624 35,556 116 59 (NA) (NA) (NA) 366 2,357 6,256 4,814 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,442 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,564 3,598 709 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,218 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,923 766 3,810 756 1,432 1,050 4,811 393 1,179 1,192 5,068 809 171 4,088 (NA) (NA) 242 292,000 249,867 123 288 79 239 303,410 259,566 134 311 214 2,245 16,091 32,179 12,389 237 972 572 1,721 1,361 3,032 593 (D) (D) 425 2,897 19,790 1,948 170 229 219 496 80 1,175 1,899 776 11,555 1,242 20,779 18,922 10,157 1,272 (D) 229 2,928 903 32 2,272 15,842 32,531 12,533 227 987 515 1,773 1,390 3,083 645 386 41,795 30,354 126 1,831 763 350 719 349 3,032 2,560 1,905 609 43,519 31,991 124 1,924 772 362 791 395 3,053 2,638 1,959 58 140 69 148 85 504 45,583 33,399 139 2,263 (NA) (NA) (NA) 450 3,188 2,553 1,869 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 684 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,498 3,245 1,257 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 957 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,632 696 5,197 347 1,775 389 4,661 308 1,529 1,316 12,184 3,037 1,108 8,038 (NA) (NA) 683 678,966 579,925 1,182 1,879 1,361 464 53 6,116 27,164 45,798 25,592 494 1,127 725,871 623,057 1,204 201 8 225 311,545 266,183 139 358 (NA) (NA) (NA) 2,271 15,358 32,635 12,670 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 19,965 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 22,378 19,107 10,707 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 12,802 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 28,996 6,742 38,899 10,084 12,136 3,935 30,987 2,685 7,952 8,013 45,362 6,394 1,424 37,543 (NA) (NA) 1,015 752,457 644,763 1,300 2,456 (NA) (NA) (NA) 6,672 30,092 46,448 26,636 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 19,813 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 32,434 35,081 14,614 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 44,959 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 147,543 16,196 Derivation of personal income Earnings by place of work (lines 12-18 or 19-90)................................................. Less: Contributions for government social insurance4............................................ Employee and self-employed contributions for government social insurance........ Employer contributions for government social insurance..................................... Plus: Adjustment for residence5........................................................................... Equals: Net earnings by place of residence.......................................................... Plus: Dividends, interest, and rent6...................................................................... Plus: Personal current transfer receipts................................................................. 4 5 6 7 8 9 10 11 Earnings by place of work Components of earnings: Wage and salary disbursements...................................................................... Supplements to wages and salaries................................................................. Employer contributions for employee pension and insurance fund................... Employer contributions for government social insurance................................. Proprietors’ income7....................................................................................... Farm......................................................................................................... Nonfarm.................................................................................................... 12 13 14 15 16 17 18 -8 4,849 (L) 4,761 46,286 29,571 16,714 35,696 51 35,646 Earnings by industry Farm earnings.................................................................................................... Nonfarm earnings............................................................................................... Private earnings............................................................................................. Forestry, fishing, related activities, and other8................................................ Mining.. Oil and gas extraction.............................................................................. Mining, except oil and gas....................................................................... Support activities for mining..................................................................... Utilities...................................................................................................... Construction Manufacturing............................................................................................ Durable goods manufacturing.................................................................. Wood product manufacturing............................................................... Nonmetallic mineral product manufacturing........................................... Primary metal manufacturing........... Fabricated metal product manufacturing................................................ Machinery manufacturing............... Computer and electronic product manufacturing.................................... Electrical equipment and appliance mfg................................................ Motor vehicles, bodies and trailers, and parts manufacturing.................. Other transportation equipment manufacturing..................................... Furniture and related product manufacturing......................................... Miscellaneous manufacturing.............................................................. Nondurable goods manufacturing............................................................ Food manufacturing............................................................................ Beverage and tobacco product manufacturing....................................... Textile mills......................................................................................... Textile product mills Apparel manufacturing........................................................................ Leather and allied product manufacturing.............................................. Paper manufacturing........................................................................... Printing and related support activities................................................... Petroleum and coal products manufacturing.......................................... Chemical manufacturing..................................................................... Plastics and rubber products manufacturing.......................................... Wholesale trade.......................................................................................... Retail trade Transportation and warehousing................................................................... Air transportation.................................................................................... Rail transportation.................................................................................. Water transportation............................................................................... Truck transportation Transit and ground passenger transportation............................................. Pipeline transportation Scenic and sightseeing transportation...................................................... Support activities for transportation.......................................................... Couriers and messengers....................................................................... Warehousing and storage....................................................................... Information Publishing mdustnes, except Internet........................................................ Motion picture and sound recording industries.......................................... Broadcasting, except Internet.................................................................. Internet publishing and broadcasts.......................................................... Telecommunications............................................................................... ISPs, search portals, and data processing................................................ Other information services...................................................................... Finance and insurance Real estate and rental and leasing............................................................... Professional and technical services............................................................. Management of companies and enterprises................................................. Administrative and waste services................................................................ Educational services Health care and social assistance................................................................ Arts, entertainment, and recreation.............................................................. Accommodation and food services............................................................... Other services, except public administration................................................. Government and government enterprises......................................................... Federal, civilian.......................................................................................... Military... State and local........................................................................................... State.... Local..................................................................................................... See the footnotes at the end of the table. 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 86 87 88 89 90 31 38,478 33,871 118 51 5 (D) (D) 351 2,781 6,053 4,637 145 178 184 683 624 1,849 339 37 110 61 427 1,416 116 70 86 11 10 15 182 184 93 152 497 2,401 3,595 694 42 12 (D ) (D ) (D ) 367 2,550 6,236 4,823 132 178 187 719 665 1,914 386 30 115 64 431 1,412 122 65 92 14 8 15 161 187 93 162 493 2,516 3,605 705 41 12 (D ) 253 81 250 83 (D ) 8 86 102 (D ) 9 91 103 98 1,038 553 1,092 590 21 94 12 272 82 4 2,645 802 3,364 1,010 1,232 925 4,203 365 1,137 1,104 4,606 752 158 3,696 1,083 2,612 100 22 97 (NA) 291 68 25 2,737 740 3,484 941 1,443 1,001 4,500 386 1,172 1,157 4,852 798 160 3,894 1,156 2,738 21 2,120 (D) 1,355 11,944 2,981 316 2,506 85 4,310 1,591 155 26,921 7,025 33,890 8,739 11,496 3,424 28,212 2,397 7,638 7,397 42,133 6,033 1,301 34,799 9,987 24,812 (D) (D) (D) (D ) 425 2,934 19,998 2,025 162 195 220 518 77 1,241 1,924 717 11,727 1,192 21,762 19,353 10,652 1,375 128 249 2,949 951 34 24 2,279 1,163 1,500 12,542 3,105 330 2,643 (NA) 4,618 1,382 464 28,066 6,924 36,514 9,581 11,855 3,724 29,476 2,512 7,830 7,685 43,844 6,373 1,350 36,121 10,390 25,731 66 136 71 138 78 869 20 888 19 (D) (D) (D) 44 299 655 209 23 (D) 55 279 679 208 24 6 6 4 3 3 43 51 124 149 40 1,370 3,092 1,177 81 (D) 4 3 3 43 52 133 163 40 1,443 3,197 1,246 83 (D) (D ) 449 72 87 5 148 112 51 845 184 89 136 6 346 77 7 1,556 738 4,412 350 1,617 333 4,088 286 1,413 1,180 11,441 2,766 1,134 7,541 3,333 4,208 (D ) 488 74 102 6 152 111 54 866 186 105 134 (NA) 404 19 17 1,607 709 5,029 363 1,705 358 4,311 304 1,482 1,235 11,528 2,900 1,129 7,498 3,081 4,417 1,202 999 3,324 3,842 7,460 1,087 2,215 889 866 3,214 20,206 2,538 1,031 433 293 1,960 124 1,700 2,308 3,007 5,406 1,405 30,243 33,007 13,827 2,409 (D) 438 2,612 2,489 52 98 2,349 (D) 905 40,641 9,711 4,456 16,682 498 6,016 2,378 901 126,645 15,773 76,345 18,900 20,469 14,386 66,436 9,063 15,018 17,032 99,041 11,402 3,408 84,231 16,122 68,110 2,022 1,451 507 63 6,415 28,643 46,204 26,221 490 1,236 1,006 3,471 3,934 7,614 1,126 2,103 943 904 3,395 19,983 2,584 1,085 427 326 2,006 122 1,661 2,283 2,957 5,127 1,406 32,022 34,467 14,523 2,720 556 480 2,693 2,627 55 104 2,465 1,875 949 42,205 10,169 4,656 17,492 (NA) 6,364 1,889 1,634 145,072 16,416 82,114 21,173 22,266 15,338 69,573 9,414 16,053 17,934 102,814 11,759 3,518 87,537 16,507 71,030 88,121 20,949 23,332 16,354 72,827 9,807 16,718 18,859 107,694 12,072 3,831 91,791 (NA) (NA) April 2009 S urvey of C urren t B 71 u s in e s s and Earnings by Industry, 2006-20081 —Continues of dollars] North Carolina North Dakota Ohio Pennsylvania Oregon Oklahoma Line 2006r 2007' 2008» 2007' 2006r 2008p 2007' 2006' 2008 p 2007' 2006' 2008 p 2007' 2006' 2008 p 2006' 2007' 2008 p 285,445 8,845 32,271 305,022 9,042 33,735 317,613 9,222 34,439 20,515 636 32,233 23,017 638 36,082 25,224 641 39,321 378,124 11,458 33,000 395,614 11,478 34,468 407,874 11,486 35,511 116,876 3,568 32,755 126,273 3,608 34,997 134,400 3,642 36,899 123,857 3,681 33,648 131,278 3,736 35,143 136,277 3,790 35,956 455,884 12,388 36,800 481,806 12,420 38,793 501,225 12,448 40,265 1 2 218,893 25,223 13,137 12,086 -1,057 192,613 45,863 46,968 230,856 26,704 13,912 12,792 - 1,222 202,930 50,848 51,244 237,095 27,617 14,401 13,217 -1,258 208,220 52,882 56,512 16,458 1,976 18,729 974 -677 13,806 3,440 3,270 289,674 31,503 15,638 15,865 -1,613 256,558 56,654 64,912 299,769 32,464 16,216 16,248 -1,778 265,526 60,643 69,445 305,553 33,153 16,650 16,502 -1,728 270,673 61,999 75,203 85,966 9,032 4,691 4,341 1,207 78,141 19,018 19,716 92,252 9,608 5,055 4,554 1,203 83,847 21,208 21,218 98,147 10,362 5,471 4,891 1,231 89,015 94,070 11,570 5,619 5,951 -2,218 80,283 24,718 18,857 98,734 12,059 5,918 6,141 -2,486 84,188 26,970 20,120 22,022 338,642 39,616 20,271 19,344 4,770 303,796 70,657 81,431 355,275 41,455 21,381 20,074 4,648 318,469 76,475 86,863 367,058 43,041 22,296 20,745 4,635 328,652 78,546 94,026 4 5 1,069 1,030 -712 15,917 3,628 3,472 20,848 2,302 1,174 1,128 -815 17,731 3,772 3,720 100,893 12,392 1,002 160,104 38,410 26,324 12,086 20,379 1,399 18,980 170,555 40,491 27,699 12,792 19,811 1,299 18,512 175,628 42,045 28,828 13,217 19,423 1,069 18,354 11,599 2,905 1,932 974 1,954 319 1,635 12,405 3,076 2,046 1,030 3,248 1,550 1,698 13,523 3,345 2,217 1,128 3,979 2,233 1,746 213,744 49,606 33,741 15,865 26,324 335 25,989 220,810 50,978 34,730 16,248 27,981 664 27,317 224,942 52,152 35,650 16,502 28,459 905 27,553 55,051 14,434 10,093 4,341 16,482 62 16,419 58,371 15,058 10,504 4,554 18,823 192 18,631 62,346 16,020 11,129 4,891 19,780 -484 20,264 67,856 16,171 5,951 10,044 144 9,899 71,575 16,792 10,651 6,141 10,367 303 10,064 73,434 17,320 11,040 6,280 10,140 95 10,045 242,795 55,978 36,634 19,344 39,868 448 39,420 255,535 57,687 37,613 20,074 42,053 856 41,198 264,323 59,720 38,975 20,745 43,015 957 42,058 2,019 216,875 174,452 654 379 (D) 345 (D) 1,417 14,711 34,464 18,890 1,194 2,055 228,801 182,992 1,853 235,243 186,307 652 377 (NA) (NA) (NA) 1,559 13,851 34,471 19,180 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 15,290 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 13,185 15,444 6,486 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 6,320 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 14,874 3,828 17,899 7,686 8,701 3,161 22,725 2,239 6,338 6,514 48,935 5,934 11,523 31,479 (NA) (NA) 473 15,985 12,262 98 428 85 138 205 366 1,077 1,466 935 77 71 (D) 81 372 118 3 (D) (D) 42 36 530 236 28 (D) 1,723 17,006 13,132 105 499 95 148 256 396 1,144 1,535 986 79 74 (D) 89 394 2,413 18,435 14,354 714 288,960 244,748 248 1,564 924 435 206 2,258 15,603 55,220 38,622 733 1,171 298,598 252,797 268 1,705 1,016 450 239 2,400 15,501 55,356 38,803 725 1,958 4,392 7,374 5,429 1,761 2,265 9,768 2,284 1,429 304,125 256,258 270 1,932 (NA) (NA) (NA) 2,623 14,742 54,155 37,793 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 16,363 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 17,533 18,532 11,433 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 6,275 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 17,910 4,531 24,941 11,839 11,640 3,644 35,418 2,594 7,474 8,773 47,866 7,971 2,016 37,879 (NA) (NA) 318 85,648 67,861 187 7,888 5,833 175 1,880 1,439 4,037 13,697 5,691 180 444 272 1,230 1,596 374 157 617 405 504 91,749 72,917 203 8,637 6,144 208 2,284 1,730 4,158 14,546 -158 98,304 78,664 190 10,526 (NA) (NA) (NA) 1,830 4,587 15,341 6,342 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 8,999 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,014 5,945 3,524 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,248 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,769 1,436 5,526 1,137 3,875 652 8,667 584 2,204 2,611 19,641 4,351 2,784 12,506 (NA) (NA) 976 93,095 77,874 1,383 208 15 187 5 672 6,546 14,139 11,166 1,714 315 745 889 803 4,473 165 597 448 348 670 2,973 943 146 1,192 97,542 81,500 1,449 226 17 204 5 702 6,746 14,437 11,420 1,620 327 827 934 863 4,604 163 584 465 336 695 3,017 986 153 1,014 99,879 82,839 1,420 238 (NA) (NA) (NA) 738 6,257 14,411 11,358 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,053 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 6,504 6,759 3,425 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,008 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,911 1,842 7,443 2,906 3,457 1,087 11,386 772 3,105 3,169 17,040 2,891 592 13,556 (NA) (NA) 941 337,701 293,279 459 2,480 1,297 353,978 308,034 468 2,737 977 1,364 396 3,811 20,724 48,490 29,239 1,300 1,798 3,808 5,466 3,913 3,136 1,958 1,254 2,134 1,099 3,372 19,251 3,635 477 253 260 450 72 1,959 2,045 1,059 6,804 2,237 18,782 21,646 13,139 943 (D) (D) 4,537 782 477 32 1,698 (D) 2,530 10,468 2,387 253 3,344 (NA) 3,304 937 243 25,189 6,410 35,615 12,701 11,273 9,525 45,063 3,179 8,171 10,642 45,944 9,854 1,802 34,288 9,555 24,733 1,416 365,642 318,259 473 3,164 (NA) (NA) (NA) 4,040 20,244 49,176 29,780 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 19,397 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 19,668 21,795 13,187 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 11,107 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 26,084 6,362 37,608 13,198 11,580 10,188 47,663 3,383 8,290 11,047 47,383 10,291 1,889 35,203 (NA) (NA) 1,001 577 2,202 2,124 4,421 1,653 1,825 590 2,090 1,214 15,575 1,934 1,472 2,288 426 1,045 29 1,366 853 111 4,221 1,829 11,983 14,836 6,273 643 237 83 2,784 191 14 16 834 666 806 5,750 1,652 93 1,196 56 1,672 1,024 57 14,201 4,006 15,344 6,548 7,739 2,695 19,746 1,969 5,705 6,033 42,423 5,272 9,278 27,872 9,065 18,807 668 415 (D) 379 (D) 1,491 14,991 35,075 19,552 1,141 1,041 598 2,278 2,230 4,889 1,681 1,780 665 2,031 1,217 15,523 2,030 1,356 2,191 421 857 34 1,366 895 114 4,380 1,879 12,888 15,563 6,419 665 243 74 2,854 194 15 17 899 648 811 5,956 1,686 105 1,254 (NA) 1,801 976 134 14,694 3,938 16,783 6,941 8,335 2,941 21,192 2,126 6,152 6,425 45,810 5,617 10,281 29,911 9,768 20,144 8 1 (D) (D) 36 (D) 16 46 1,061 1,204 684 2,100 120 4 (D) (D) 45 38 550 245 27 (D) 9 1 (D) 59 36 (D) 22 50 1,137 1,259 730 10 6 154 (L) 335 27 28 (D) 69 (D) 158 (L) 366 30 30 (D) 77 (D) 442 190 5 73 (D) 128 42 (D) 837 477 12 212 751 241 350 86 2,002 74 408 476 3,723 743 741 2,238 888 1,351 12 210 5 77 (NA) 138 43 4 898 218 813 292 371 93 2,133 77 447 508 3,874 789 752 2,333 934 1,399 111 669 (NA) (NA) (NA) 427 1,329 1,631 1,060 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 571 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,259 1,317 806 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 486 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 975 228 899 299 388 103 2,334 . 83 476 536 4,080 822 786 2,472 (NA) (NA) 2,000 4,394 7,081 5,427 1,560 2,187 10,205 2,185 961 1,890 16,598 2,941 511 168 164 121 25 1,646 1,790 1,117 4,560 3,557 16,179 18,199 10,760 970 (D) 73 4,373 212 92 12 1,199 (D) 1,569 5,912 2,076 132 644 338 2,101 580 41 17,429 4,837 21,720 10,736 10,641 3,261 32,444 2,390 6,986 8,360 44,212 7,215 1,916 35,081 8,390 26,691 1,020 1,827 16,553 2,991 469 165 176 109 25 1,606 1,727 1,134 4,678 3,473 16,949 18,620 11,256 1,029 (D) 64 4,615 228 96 13 1,248 (D) 1,738 6,066 2,177 130 659 (NA) 2,390 266 445 18,144 4,750 23,486 11,194 11,323 3,416 33,720 2,524 7,403 8,716 45,801 7,507 1,902 36,391 8,809 27,583 6,012 176 456 282 1,308 1,836 399 170 523 449 111 100 306 8,006 822 134 5 25 40 9 313 8,534 835 125 212 184 3,835 2,013 727 3,513 5,449 3,162 667 (D) (D) 1,150 25 486 (D) 329 198 147 1,969 335 23 640 11 797 149 13 3,290 1,438 4,661 1,041 3,259 569 7,523 489 1,955 2,296 17,787 3,999 2,609 11,180 3,523 7,657 6 27 43 16 205 187 4,234 2,166 691 3,754 5,743 3,487 665 (D) (D) 1,267 28 641 2 368 194 160 2,058 352 25 634 (NA) 934 83 30 3,508 1,501 5,141 1,098 3,517 613 8,121 547 2,072 2,485 18,832 4,170 2,691 11,970 3,759 8,211 22,222 23,162 10,220 10 11 41 43 27 606 381 47 43 32 589 390 114 323 330 6,379 120 324 330 6,032 6,673 3,298 244 (D) 104 1,225 121 (D) 16 692 307 347 2,563 1,217 107 280 20 600 325 14 4,794 1,986 6,455 2,492 3,257 950 9,970 706 2,841 2,910 15,221 2,639 543 12,039 3,011 9,028 6,886 3,393 272 (D) 116 1,214 127 (D) 17 734 298 368 2,817 1,360 128 293 (NA) 641 350 45 4,931 1,916 6,943 2,756 3,389 1,011 10,645 773 3,022 3,080 16,042 2,725 548 12,769 3,215 9,553 6,112 6,280 -2,558 85,943 28,311 866 1,310 304 3,478 20,666 48,038 28,686 1,355 1,788 3,603 5,215 3,789 3,195 1,872 1,332 2,049 1,092 3,396 19,352 3,701 495 257 254 536 78 1,946 2,017 1,107 6,740 2,221 17,733 21,176 12,473 925 (D) 75 4,332 752 450 28 1,557 (D) 2,306 10,028 2,302 235 3,069 50 3,197 1,052 124 24,155 6,492 33,010 10,305 10,405 9,065 42,527 3,008 7,629 10,154 44,422 9,548 1,845 33,028 9,007 24,022 3 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 86 87 88 89 90 72 Regional Quarterly Report April 2009 Table 4. Personal Income by Major Source [Millions Rhode Island Item South Carolina South Dakota Tennessee Line 2006r 2007' 2008 p 2006' 2007' 2008p 2007' 2006' 2008 f 2006' 2007' 2008 p Income by place of residence Personal income (lines 4-11).............................................................................. Population (thousands)2..................................................................................... Per capita personal income (dollars)3 .................................................................. 1 2 39,891 1,059 37,669 41,946 1,053 39,829 43,091 1,051 41,008 129,920 4,325 30,041 137,006 4,405 31,103 142,836 4,480 31,884 25,427 787 32,293 28,454 796 35,760 30,057 804 37,375 195,197 6,068 32,167 205,350 6,149 33,395 213,359 6,215 34,330 28,168 3,440 1,850 1,590 1,438 26,167 6,703 7,021 29,059 3,525 1,909 1,616 1,544 27,079 7,257 7,610 29,404 3,575 1,944 1,631 1,659 27,488 7,402 93,746 10,693 5,607 5,086 1,893 84,946 21,218 23,756 97,801 11,177 5,878 5,298 2,097 88,721 22,849 25,436 100,187 11,509 6,072 5,438 2,148 90,826 23,950 28,060 18,157 1,119 901 -195 15,941 5,608 3,879 20,371 2,160 1,195 966 -209 18,002 6,316 4,135 21,524 2,305 1,276 1,029 -229 18,990 6,600 4,467 155,551 16,723 9,122 7,601 -1,215 137,612 23,897 33,687 161,073 17,406 9,530 7,875 -1,379 142,288 26,148 36,914 165,274 17,998 9,873 8,126 -1,303 145,972 27,101 40,286 20,462 4,926 3,336 1,590 2,780 (L) 2,780 21,049 5,018 3,402 1,616 2,992 3 2,989 21,247 5,103 3,472 1,631 3,054 68,549 17,006 11,921 5,086 8,191 228 7,963 72,051 17,770 12,472 5,298 7,979 166 7,814 73,965 18,390 12,952 5,438 7,832 54 7,778 12,582 3,063 2,162 901 2,512 259 2,253 13,401 3,238 2,272 966 3,732 1,400 2,332 14,202 3,452 2,424 1,029 3,869 1,526 2,344 107,739 24,777 17,175 7,601 23,035 (L) 23,035 112,742 25,485 17,610 7,875 22,845 -356 23,201 116,016 26,293 18,167 8,126 22,964 -333 23,297 16 28,153 23,121 52 27 (D) 17 29,042 23,830 51 28 (D) 381 93,365 73,842 372 331 97,470 76,704 371 114 13 94 1,558 18,813 15,079 115 77 13 58 5 236 1,239 2,244 1,462 107 91 33 176 304 151 26 (D) (D) 1,692 19,832 15,891 195 155,356 133,620 350 362 61 252 49 382 9,378 25,708 15,791 793 917 852 2,435 1,833 625 1,366 4,057 680 659 1,573 9,917 1,743 530 293 149 295 52 1,559 1,032 257 2,600 1,407 9,055 11,627 8,960 334 (D) 159 3,696 193 39 16 797 (D) 576 3,409 845 479 702 -180 161,253 138,405 358 405 (D) 295 1,654 3,362 2,150 34 41 (D) 378 134 353 174 88 89 90 2,307 226 99,961 77,923 362 119 (NA) (NA) (NA) 1,331 6,352 15,864 8,795 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 7,069 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,956 7,606 2,750 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,986 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 4,967 1,900 6,852 1,132 4,836 853 8,392 821 3,648 3,198 22,038 2,727 3,923 15,388 (NA) (NA) 401 17,756 14,156 (D) 274 1,681 3,300 2,117 (D) 43 (D) 388 137 363 147 (D) (D) 89 561 1,182 104 39 (D) 29 9 (D) 106 107 (D) 401 154 1,273 1,732 480 25 (D) 9 147 60 (D) 7 65 87 52 931 217 46 184 5 229 236 14 2,193 487 2,260 1,009 876 931 3,675 284 859 798 5,031 1,014 499 3,518 15 29,388 23,972 32 29 (NA) (NA) (NA) 312 1,539 3,266 2,094 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,172 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,373 1,750 493 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 957 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,348 468 2,319 1,084 942 1,053 3,952 311 895 850 5,416 1,063 586 3,768 (NA) (NA) -150 165,423 141,303 338 463 (NA) (NA) (NA) 421 8,969 25,516 15,472 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 10,043 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 9,761 12,019 8,951 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,696 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 10,123 3,204 12,284 2,323 8,356 2,587 20,006 1,811 5,180 5,295 24,120 4,816 1,148 18,155 (NA) (NA) 3 Derivation of personal income Earnings by place of work (lines 12-18 or 19-90)................................................ Less: Contributions for government social insurance4........................................... Employee and self-employed contributions for government social insurance Employer contributions for government social insurance................................... Plus: Adjustment for residence5.......................................................................... Equals: Net earnings by place of residence......................................................... Plus: Dividends, interest, and rent6..................................................................... Plus: Personal current transfer receipts................................................................ 4 5 6 7 8 9 10 11 8,202 2,021 Earnings by place of work Components of earnings: Wage and salary disbursements..................................................................... Supplements to wages and salaries........................ Employer contributions for employee pension and insurance fund.................. Employer contributions for government social insurance Proprietors’ income7 .............................................. Farm................................................................. Nonfarm............................................................ 12 13 14 15 16 17 18 1 3,053 Earnings by industry Farm earnings................................................................................................... Nonfarm earnings.............................................................................................. Private earnings............................................................................................ Forestry, fishing, related activities, and other8............................................... Mining .................................................................................................. Oil and gas extraction............................................................................. Mining, except oil and gas...................................................................... Support activities for mining.................................................................... Utilities .................................................................................................. Construction............................................................................................. Manufacturing........................................................................................... Durable goods manufacturing................................................................. Wood product manufacturing.............................................................. Nonmetallic mineral product manufacturing.......................................... Primary metal manufacturing.............................................................. Fabricated metal product manufacturing............................................... Machinery manufacturing................................................................... Computer and electronic product manufacturing................................... Electrical equipment and appliance mfg............................................... Motor vehicles, bodies and trailers, and parts manufacturing................. Other transportation equipment manufacturing.................................... Furniture and related product manufacturing........................................ Miscellaneous manufacturing............................................................. Nondurable goods manufacturing........................................................... Food manufacturing........................................................................... Beverage and tobacco product manufacturing...................................... Textile mills Textile product mills............................................................................ Apparel manufacturing....................................................................... Leather and allied product manufacturing............................................. Paper manufacturing.......................................................................... Printing and related support activities.................................................. Petroleum and coal products manufacturing......................................... Chemical manufacturing..................................................................... Plastics and rubber products manufacturing......................................... Wholesale trade......................................................................................... Retail trade............................................................................................... Transportation and warehousing.................................................................. Air transportation................................................................................... Rail transportation................................................................................. Water transportation.............................................................................. Truck transportation............................................................................... Transit and ground passenger transportation............................................ Pipeline transportation........................................................................... Scenic and sightseeing transportation..................................................... Support activities for transportation......................................................... Couriers and messengers...................................................................... Warehousing and storage...................................................................... Information Publishing industries, except Internet....................................................... Motion picture and sound recording industries......................................... Broadcasting, except Internet.................................................................. Internet publishing and broadcasts......................................................... Telecommunications............................................................................... ISPs, search portals, and data processing............................................... Other information services..................................................................... Finance and insurance............................................................................... Real estate and rental and leasing.............................................................. Professional and technical services............................................................ Management of companies and enterprises................................................ Administrative and waste services............................................................... Educational services.................................................................................. Health care and social assistance............................................................... Arts, entertainment, and recreation............................................................. Accommodation and food services.............................................................. Other services, except public administration................................................ Government and government enterprises........................................................ Federal, civilian.......................................................................................... Military...................................................................................................... State and local........................................................................................... State Local..................................................................................................... See the footnotes at the end of the table. 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 86 87 21 1,211 22 12 (D) 88 557 1,212 107 37 (D) 29 9 (D) 109 104 (D) 426 (D) 1,371 1,815 488 25 (D) 8 151 63 (D) 8 63 87 53 903 206 12 201 (NA) 260 205 19 2,280 485 2,231 1,079 922 996 3,826 315 888 841 5,213 1,045 540 3,627 1,249 2,378 112 (D) 93 (D) 1,185 7,066 15,570 8,277 491 631 555 1,376 1,286 439 760 (D) (D) 145 484 7,292 658 79 1,250 296 125 2 1,199 288 32 2,149 1,215 4,455 7,361 2,691 42 (D) 12 1,244 54 (D) 18 548 280 331 1,821 385 33 368 6 811 206 13 4,618 1,985 5,869 1,079 4,410 736 7,506 730 3,358 2,918 19,523 2,471 3,441 13,611 4,536 9,075 6 1,162 7,024 15,742 8,613 488 638 535 1,431 1,347 441 815 (D) (D) 152 503 7,129 695 74 1,100 292 122 2 1,194 283 29 2,106 1,234 4,788 7,609 2,800 47 (D) 13 1,282 62 (D) 20 575 276 358 1,856 378 38 345 (NA) 884 183 28 4,935 1,955 6,393 1,128 4,734 790 7,912 771 3,555 3,065 20,766 2,610 3,684 14,472 4,806 9,666 102 65 12 50 4 219 1,203 2,122 1,388 107 87 34 171 288 152 26 (D) (D) 96 303 734 331 24 (D) 15 4 (D) 91 68 (D) 66 63 1,012 1,423 627 12 (D) (L) 358 24 12 (D) 56 (D) 23 394 70 102 329 782 325 24 (D) 17 P (D) 92 (D) 74 107 67 1,075 1,490 657 10 81 (L) 377 27 13 3 61 59 26 426 73 8 10 107 (D) 192 14 (D) 1,384 325 709 223 385 192 2,448 208 550 564 3,600 872 438 2,290 706 1,584 114 (NA) 214 12 2 1,500 314 775 263 447 204 2,608 221 583 603 3,735 906 456 2,373 739 1,633 112 94 (NA) (NA) (NA) 270 1,248 2,354 1,548 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 806 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,160 1,531 676 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 438 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,565 311 853 299 431 223 2,855 220 614 634 3,941 946 506 2,489 (NA) (NA) 20 1,067 280 15 9,186 3,383 10,638 1,871 7,657 2,238 18,011 1,738 4,777 4,891 21,736 4,476 1,036 16,224 4,838 11,386 66 286 53 403 9,437 25,424 15,539 749 949 889 2,435 1,814 595 1,362 (D) (D) 638 1,598 9,885 1,749 496 255 167 305 45 1,449 1,018 244 2,689 1,468 9,473 12,130 9,161 400 (D) 165 3,792 204 40 18 851 (D) 624 3,553 752 523 732 (NA) 1,191 309 45 9,715 3,268 11,295 2,137 8,190 2,437 18,985 1,798 5,135 5,102 22,848 4,665 1,086 17,096 5,086 12,010 April 2009 S u rvey of C urren t B 73 u s in e s s and Earnings by Industry, 2006-20081 —Continues of dollars] Texas Utah Vermont Washington Virginia West Virginia Line 2006r 2007r 821,642 23,368 35,162 884,191 23,843 37,083 938,406 24,327 38,575 75,598 2,585 29,243 79,618 2,669 29,831 82,890 2,736 30,291 21,810 620 35,166 23,267 621 37,483 675,214 65,345 33,960 31,385 -1,783 608,087 111,216 102,339 726,340 70,236 36,817 33,419 -2,069 654,036 118,402 111,753 768,203 74,506 39,214 35,291 -2,242 691,456 121,227 125,723 61,825 6,927 3,374 3,553 52 54,950 12,184 8,464 66,372 7,402 3,642 3,760 42 59,012 11,656 8,949 68,660 7,672 3,800 3,872 38 61,026 11,984 9,880 15,801 1,839 999 840 355 14,317 3,780 3,712 445,477 100,409 69,024 31,385 129,328 752 128,576 482,788 106,434 73,016 33,419 137,119 1,740 135,378 510,269 112,353 77,062 35,291 145,581 954 144,627 44,166 10,843 7,290 3,553 6,816 -37 6,853 48,327 11,536 7,776 3,760 6,509 29 6,480 50,275 11,334 2,725 1,686 2,822 723,519 619,795 1,580 55,431 41,504 1,091 12,837 14,745 46,265 92,759 52,026 1,365 3,320 2,179 8,663 8,289 13,834 1,488 2,743 5,682 1,296 3,167 40,733 4,706 877 135 265 273 180 1,846 2,139 14,444 13,341 2,529 44,030 42,257 32,161 5,630 1,916 483 7,996 2,074 766,129 655,545 1,586 66,370 (NA) (NA) (NA) 15,135 48,908 94,022 52,828 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 41,194 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 46,054 42,934 32,742 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 23,393 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 46,272 17,482 70,665 8,745 30,721 6,008 60,826 4,969 18,975 19,738 110,583 18,354 14,685 77,544 (NA) (NA) 110 186 66,186 54,340 71 1,168 297 421 450 482 5,724 7,980 5,376 168 359 282 662 370 1,005 96 (D) (D) 370 973 2,603 619 36 17 35 19 82 68,579 55,993 673,529 576,172 1,526 48,915 37,401 993 10,521 13,206 43,904 89,172 49,839 1,356 3,191 2,005 7,848 7,172 14,180 1,342 2,696 5,591 1,342 3,114 39,333 4,554 896 130 256 307 176 1,798 2,089 14,017 12,605 2,504 40,382 40,656 29,662 5,279 1,866 455 7,361 609 4,624 28 5,803 1,766 1,873 20,766 4,271 585 4,878 131 7,590 3,198 112 41,103 17,484 59,555 6,268 25,914 5,111 53,332 4,481 17,130 17,606 97,356 16,747 12,548 68,062 16,500 51,562 668 5,357 32 6,244 1,740 2,094 22,130 4,548 610 5,259 (NA) 8,658 2,753 301 44,100 17,732 64,917 7,952 29,200 5,517 57,314 4,759 18,147 18,799 103,724 17,534 13,652 72,538 17,341 55,197 2008 p 2007' 2006' 61,715 50,494 61 1,021 273 397 351 474 5,334 7,433 4,878 135 308 260 617 338 835 80 (D) (D) 342 950 2,555 575 36 12 34 21 6 160 351 440 727 193 2,855 4,679 2,569 450 193 (D) 1,014 56 40 12 311 (D) 279 1,807 655 97 229 48 379 383 15 3,584 1,394 5,555 1,300 2,246 947 4,691 548 1,631 2,364 11,221 3,001 906 7,314 3,360 3,954 2008p 6 159 350 428 729 206 3,144 5,138 2,897 674 197 (D) 1,083 61 40 (D) 322 213 290 1,782 707 84 241 (NA) 355 262 133 3,851 1,375 6,033 1,412 2,465 999 4,967 590 1,763 2,498 11,847 3,138 912 7,796 3,565 4,231 12,002 8,130 3,872 6,384 -80 6,464 68 1,355 (NA) (NA) (NA) 487 5,132 8,332 5,579 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 2,753 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,315 5,104 2,749 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,879 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,954 1,342 6,645 1,510 2,538 1,051 . 5,367 588 1,867 2,710 12,586 3,239 952 8,395 (NA) (NA) 2006r 2007r 1,886 840 1,741 16 1,726 81 15,720 12,858 73 50 2 (D) (D) 216 1,185 2,398 1,816 105 109 65 182 177 709 77 (D) (D) 85 138 583 173 21 8 6 13 (D) 137 80 (D) 59 66 641 1,332 372 14 14 (D) 168 36 0 6 36 (D) 37 336 113 9 47 13 112 36 6 741 217 1,234 24 343 462 1,994 136 648 457 2,862 519 155 2,188 936 1,251 2008p 2006r 2007' 24,155 621 38,880 306,918 7,628 40,234 321,245 7,699 41,727 16,441 1,913 1,037 876 383 14,911 4,363 3,994 16,894 1,993 1,081 912 388 15,289 4,528 4,338 241,203 26,253 13,644 12,609 8,555 223,504 49,785 33,629 11,767 2,805 1,928 876 1,869 141 1,728 12,177 2,918 2,006 912 1,799 106 1,692 198 16,242 13,261 75 52 3 (D) (D) 236 1,145 2,451 1,872 167 16,727 13,607 74 61 (NA) (NA) (NA) 248 1,030 2,482 1,892 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 590 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 689 1,374 395 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 355 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 825 216 1,344 18 402 517 2,265 143 677 492 3,120 564 179 2,376 (NA) (NA) 111 106 64 188 184 734 85 (D) (D) 88 143 578 180 21 8 6 12 (D) 132 77 (D) 56 67 650 1,358 382 12 15 (D) 173 40 0 7 39 (D) 38 344 114 10 49 (NA) 123 31 17 802 216 1,250 25 371 487 2,129 142 669 476 2,981 536 158 2,287 983 1,304 333,110 7,769 42,876 245,765 6,361 38,639 265,738 6,450 41,203 277,397 6,549 42,356 50,472 1,807 27,935 53,181 1,810 29,385 55,941 1,814 30,831 1 2 252,275 27,401 14,351 13,051 9,106 233,980 51,304 35,961 260,124 28,380 14,922 13,458 9,641 241,386 52,432 39,292 188,646 23,085 209,330 25,330 11,992 13,337 3,068 187,069 53,750 36,579 34,731 4,527 2,166 2,360 1,007 31,212 6,399 12,862 36,278 4,714 2,274 2,439 1,144 32,708 6,890 13,583 38,297 5,035 2,425 2,610 1,103 34,365 7,162 14,414 4 5 12,419 2,701 168,262 45,784 31,719 201,931 24,359 11,453 12,906 2,983 180,554 51,450 33,734 176,313 44,017 31,409 12,609 20,872 129 20,743 185,606 45,855 32,804 13,051 20,815 160 20,655 191,614 47,544 34,086 13,458 20,967 98 20,869 136,348 32,772 20,353 12,419 19,526 147 19,379 146,862 34,386 21,480 12,906 20,682 613 20,069 152,758 35,867 22,530 13,337 20,705 420 20,285 24,337 6,997 4,637 2,360 3,397 -108 3,505 25,361 7,270 4,830 2,439 3,647 -107 3,754 26,800 7,735 5,125 2,610 3,762 -168 3,930 381 240,821 182,625 320 1,237 185 932 382 251,893 190,035 333 1,298 328 259,796 195,006 323 1,493 (NA) (NA) (NA) 2,264 14,606 17,679 10,445 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 7,234 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 9,750 13,668 6,316 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 9,755 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 13,176 5,284 43,985 8,733 1,401 187,244 151,719 2,077 339 36 273 30 663 13,990 23,397 17,492 1,116 602 385 1,083 966 2,058 346 (D) (D) 431 776 5,905 1,757 253 29 99 119 19 1,186 494 497 894 560 9,444 12,646 6,064 1,811 1,656 207,674 167,895 2,118 344 (NA) (NA) (NA) 795 14,902 24,934 18,876 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 6,058 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 10,524 13,552 6,366 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 15,247 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 11,476 4,018 18,528 3,778 7,297 1,667 19,054 1,966 5,365 5,963 39,779 6,601 6,714 26,463 (NA) (NA) -72 34,804 26,871 113 2,619 516 1,730 373 563 2,337 3,895 2,151 330 181 532 332 -75 36,353 28,084 118 2,870 599 1,831 440 584 2,361 3,903 2,180 333 180 541 333 -134 38,432 29,734 112 111 121 2,038 16,285 17,733 10,376 864 675 409 1,323 1,164 1,534 531 (D) (D) 711 485 7,357 1,334 844 292 166 93 7 907 840 161 1,584 1,130 9,064 13,432 6,172 1,020 (D) 250 1,812 269 48 13 931 (D) 771 9,560 1,965 173 1,209 173 3,804 2,187 49 13,232 5,653 37,453 8,104 7,695 2,496 17,190 1,512 5,784 7,665 58,196 18,066 14,466 25,664 7,774 17,890 201 971 126 2,140 15,718 17,977 10,669 814 703 433 1,394 1,223 1,582 571 (D) (D) 652 507 7,308 1,333 764 260 182 75 8 857 857 164 1,656 1,151 9,575 13,663 6,234 967 (D) 240 1,831 282 53 14 1,002 (D) 782 9,515 2,074 164 1,257 (NA) 4,677 1,040 302 13,379 5,410 40,579 8,852 8,328 2,791 18,406 1,599 6,094 8,144 61,858 19,601 15,092 27,165 8,248 18,918 8,666 2,966 19,832 1,652 6,276 8,583 64,790 20,583 15,778 28,429 (NA) (NA) 200,120 (D) 305 1,632 162,630 2,151 342 41 264 37 724 15,137 24,328 18,288 1,091 663 432 1,189 1,052 2,198 355 (D) (D) 444 815 6,040 1,819 249 28 130 107 15 1,142 510 503 946 590 10,067 13,544 6,350 897 (D) 325 1,724 51 1,573 (D) 495 12,729 8,150 141 1,390 214 2,289 485 61 10,658 4,149 15,344 3,484 6,663 1,420 16,475 1,851 5,122 5,204 35,525 6,234 5,805 23,486 7,495 15,991 (D) 72 1,624 500 534 14,583 9,726 150 1,506 (NA) 2,421 369 411 10,922 4,085 17,541 3,728 7,223 1,546 17,647 1,934 5,194 5,583 37,489 6,456 6,126 24,907 7,958 16,949 868 202 21 222 2006' 2008 p 2007r 10,666 2008 p 2007' 2006r 2008 p 67 57 179 178 76 106 1,744 134 33 10 4 4 (L) 86 89 197 1,006 180 1,388 2,547 1,239 14 (D) 47 513 13 126 (D) 117 104 63 624 154 9 122 1 288 48 2 1,110 393 1,843 313 883 203 4,468 262 1,028 1,043 7,933 2,007 391 5,535 2,007 3,527 84 66 (D) (D) 73 108 1,723 136 32 (D) 5 5 (D) 86 86 194 993 179 1,441 2,659 1,294 11 247 52 534 11 139 4 122 104 69 641 162 8 125 (NA) 296 44 4 1,147 404 1,960 373 946 217 4,722 284 1,077 1,083 8,268 2,100 405 5,763 2,081 3,682 111 3,410 (NA) (NA) (NA) 635 2,453 3,919 2,195 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,725 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,513 2,720 1,354 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 678 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 1,213 407 2,107 397 1,021 229 5,017 273 1,166 1,111 8,698 2,181 436 6,082 (NA) (NA) 3 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 86 87 88 89 90 74 Regional Quarterly Report April 2009 Table 4. Personal Income by Major Source [Millions Wisconsin Item Wyoming New England Mideast Line 2006' 2007' 2008 p 2007' 191,895 5,569 34,461 203,084 5,599 36,272 209,999 5,628 37,314 22,236 513 43,381 24,618 523 47,047 144,756 16,523 8,570 7,953 3,476 131,709 32,681 27,504 150,459 17,078 8,911 8,166 3,779 137,161 36,234 29,688 154,139 17,631 9,232 8,399 3,910 140,417 37,552 32,031 15,177 1,683 867 817 -5 13,489 6,235 2,512 106,809 25,781 17,828 7,953 12,166 178 11,988 110,912 26,350 18,183 8,166 13,198 844 12,354 114,038 27,072 18,673 8,399 13,028 634 12,394 10,562 2,453 1,636 817 2,162 929 143,827 122,719 356 268 1,768 148,691 126,981 375 275 (D) 224 1,589 152,550 130,277 389 293 (NA) (NA) (NA) 1,314 8,773 32,617 20,920 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 11,697 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 8,606 9,386 5,396 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 3,622 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 10,572 1,808 9,473 4,207 4,366 1,884 18,169 1,304 3,614 4,485 22,273 2,482 726 19,065 (NA) (NA) 38 15,139 11,782 45 2,792 807 947 1,038 229 1,409 699 277 33 48 (D) 89 23 13 2006' 2008 p 2006' 2007' 2008 p 2006' 2007' 2008p 26,484 533 49,719 634,406 14,233 44,574 673,337 14,259 47,221 696,792 14,304 48,715 2,020,419 47,433 42,595 2,143,472 47,571 45,058 2,225,405 47,720 46,635 16,568 1,840 951 889 -7 14,721 7,242 2,655 18,014 2,005 1,040 965 -18 15,992 7,620 2,872 483,563 51,376 26,744 24,633 6,467 438,653 109,278 86,475 507,151 53,713 28,075 25,638 6,614 460,052 121,041 92,245 521,407 55,466 29,053 26,413 6,944 472,885 124,257 99,650 1,581,598 173,763 88,726 85,037 -18,764 1,389,071 324,952 306,396 1,669,370 182,387 93,468 88,919 -19,796 1,467,187 353,475 322,810 1,725,148 188,943 96,966 91,977 -20,801 1,515,403 361,690 348,312 11,720 2,657 1,768 889 2,191 -113 2,304 12,769 2,887 1,922 965 2,359 -125 2,484 350,680 76,881 52,248 24,633 56,002 371,255 79,619 53,981 25,638 56,277 382,375 82,098 55,685 26,413 56,934 165 56,769 1,140,917 254,953 169,917 85,037 185,727 944 184,783 1,213,740 264,737 175,817 88,919 190,893 1,995 188,898 1,253,004 273,906 181,929 91,977 198,238 1,895 196,343 10 222 55,992 56,055 -2 -10 635 506,516 440,830 15 422 15 438 18,024 14,084 47 3,510 (NA) (NA) (NA) 257 1,896 762 307 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 455 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 655 1,064 905 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 470 483,093 420,338 1,163 767 370 385 (D) (D) 16,570 12,915 48 3,066 883 1,044 1,140 248 1,659 737 299 33 53 (D) 99 31 14 13 (D) (D) 595 520,811 452,300 1,169 914 (NA) (NA) (NA) 4,441 26,005 62,095 43,988 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 18,107 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 26,588 30,211 9,546 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 17,421 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 62,485 9,420 62,388 14,324 17,063 15,123 61,806 4,866 13,126 13,308 68,512 10,954 3,579 53,979 (NA) (NA) 2,304 1,579,294 1,320,553 2,858 4,858 (D) 3,214 1,666,156 1,397,046 2,913 5,290 3,165 1,721,982 1,441,112 3,021 6,226 (NA) (NA) (NA) 17,058 81,904 142,497 77,049 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 65,448 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 84,470 88,892 43,516 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 77,840 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 220,061 35,254 212,604 48,150 57,245 36,607 177,388 18,227 40,312 49,840 280,870 74,349 13,784 192,737 (NA) (NA) Income by place of residence Personal income (lines 4-11).............................................................................. Population (thousands)2...................................................................................... Per capita personal income (dollars)3 ................................................................... 1 2 3 Derivation of personal income Earnings by place of work (lines 12-18 or 19-90)................................................. Less: Contributions for government social insurance4............................................ Employee and self-employed contributions for government social insurance........ Employer contributions for government social insurance.................................... Plus: Adjustment for residence5........................ Equals: Net earnings by place of residence, Plus: Dividends, interest, and rent6.................... Plus: Personal current transfer receipts............... 4 5 6 7 8 9 10 11 Earnings by place of work Components of earnings: Wage and salary disbursements....................................................................... Supplements to wages and salaries................................................................. Employer contributions for employee pension and insurance fund................... Employer contributions for government social insurance................................. Proprietors’ income7 ....................................................................................... Farm......................................................................................................... Nonfarm..................................................................................................... 12 13 14 15 16 17 18 -66 2,228 Earnings by industry Farm earnings.... Nonfarm earnings............................................................................................... Private earnings............................................................................................. Forestry, fishing, related activities, and other8............................................... Mining ..... Oil and gas extraction.............................................................................. Mining, except oil and gas....................................................................... Support activities for mining.................................................................... Utilities..................................................................................................... Construction Manufacturing............................................................................................ Durable goods manufacturing.................................................................. Wood product manufacturing............................................................... Nonmetallic mineral product manufacturing........................................... Primary metal manufacturing............................................................... Fabricated metal product manufacturing................................................ Machinery manufacturing................................................................... Computer and electronic product manufacturing.................................... Electrical equipment and appliance mfg................................................ Motor vehicles, bodies and trailers, and parts manufacturing.................. Other transportation equipment manufacturing..................................... Furniture and related product manufacturing......................................... Miscellaneous manufacturing.............................................................. Nondurable goods manufacturing............................................................ Food manufacturing............................................................................ Beverage and tobacco product manufacturing....................................... Textile mills......................................................................................... Textile product mills............................................................................. Apparel manufacturing........................................................................ Leather and allied product manufacturing.............................................. Paper manufacturing........................................................................... Printing and related support activities................................................... Petroleum and coal products manufacturing.......................................... Chemical manufacturing..................................................................... Plastics and rubber products manufacturing.......................................... Wholesale trade.......................................................................................... Retail trade Transportation and warehousing................................................................... Air transportation.................................................................................... Rail transportation.................................................................................. Water transportation............................................................................... Truck transportation................................................................................. Transit and ground passenger transportation............................................. Pipeline transportation............................................................................ Scenic and sightseeing transportation...................................................... Support activities for transportation.......................................................... Couriers and messengers....................................................................... Warehousing and storage....................................................................... Information................................................................................................. Publishing industries, except Internet........................................................ Motion picture and sound recording industries.......................................... Broadcasting, except Internet................................................................... Internet publishing and broadcasts.......................................................... Telecommunications................................................................................ ISPs, search portals, and data processing................................................ Other information services....................................................................... Finance and insurance................................................................................ Real estate and rental and leasing............................................................... Professional and technical services............................................................. Management of companies and enterprises................................................. Administrative and waste services................................................................ Educational services................................................................................... Health care and social assistance................................................................ Arts, entertainment, and recreation.............................................................. Accommodation and food services............................................................... Other services, except public administration................................................. Government and government enterprises......................................................... Federal, civilian........................................................................................... Military .... State and local............................................................................................ State..... Local...................................................................................................... 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 86 87 88 89 90 (D ) 221 (D ) 1,166 9,110 31,941 20,491 1,097 628 1,231 4,215 4,713 1,687 2,011 (D) (D) 787 1,104 11,450 2,921 206 105 86 59 65 2,686 1,838 51 1,756 1,676 8,005 9,187 5,219 239 308 (D ) (D ) 1,214 9,184 32,262 20,615 1,051 626 1,231 4,402 4,834 1,782 1,857 (D) (D) 849 1,059 11,647 2,978 193 105 74 53 65 2,679 1,911 51 1,794 1,743 8,241 9,344 5,407 270 316 (D ) 2,971 383 29 13 333 3,028 393 33 14 358 (D ) (D ) 521 3,185 1,059 84 526 14 901 596 5 9,530 1,856 8,347 4,067 3,929 1,609 16,267 1,155 3,423 4,100 21,108 2,402 717 17,990 4,986 13,004 585 3,433 1,139 90 559 (NA) 1,003 615 26 9,981 1,822 8,928 4,276 4,255 1,749 17,104 1,234 3,563 4,334 21,710 2,445 706 18,559 5,208 13,351 12 10 21 11 22 19 17 (D ) 2 2 2 (D ) (D) 13 134 155 (D) (D) 143 159 23 591 1,025 22 533 947 793 27 294 (D ) 3 2 2 868 30 302 (D ) 260 297 20 20 73 76 (D) 51 38 49 (D ) 45 37 33 190 46 201 211 48 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 558 407 850 90 318 59 6 8 27 29 (NA) (D ) 88 19 (D) 450 413 694 91 248 53 1,006 143 645 402 3,357 597 365 2,395 681 1,715 101 11 4 486 419 776 90 297 56 1,093 152 645 459 3,655 623 377 2,656 734 1,922 1,200 153 683 460 3,941 653 407 2,880 (NA) (NA) 11 3,903 28,118 60,552 42,289 (D ) 1,088 (D) 6,591 4,405 12,464 2,693 605 (D) 813 5,068 18,263 2,240 680 (D) 330 (D) (D) 2,729 2,466 563 5,634 2,288 24,988 29,787 9,122 746 437 204 2,553 1,279 63 79 1,229 1,319 1,213 15,881 6,740 371 2,257 383 4,034 1,943 153 55,904 9,969 54,626 13,217 15,429 13,233 54,757 4,351 12,275 12,296 62,755 10,174 3,358 49,223 16,742 32,481 1,210 802 399 384 19 4,193 27,405 62,757 44,065 845 1,144 (D) 6,557 4,750 13,250 2,973 (D) (D) 837 5,024 18,692 2,208 648 (D) 369 222 (D) 2,689 2,501 515 6,301 (D ) 25,850 30,184 9,629 804 448 381 2,615 1,375 68 91 1,271 1,290 1,287 16,447 7,090 381 2,373 (NA) 4,306 1,455 841 60,464 9,629 57,898 14,687 16,757 14,224 58,213 4,754 12,820 12,906 65,686 10,543 3,390 51,753 17,839 33,914 (D ) (D) 15,320 80,654 139,783 74,390 (D ) (D) (P) 10,944 9,610 16,533 (D) 4,471 3,703 2,634 10,447 65,393 9,378 2,007 1,061 823 (D) 295 (D) 7,132 (D) 25,755 (D) 78,194 86,067 41,304 5,039 1,949 801 11,133 4,579 551 (D ) 6,837 5,042 (D ) (D ) 502 16,342 82,028 141,669 76,123 (D) 4,406 (D) (D ) 9,860 16,884 (D) 4,269 3,923 2,673 10,694 65,547 9,422 1,975 (D) 869 (D) 281 (D) 7,163 (D) 26,084 (D ) 82,372 88,684 43,294 5,474 (D ) 880 11,478 4,807 (D) 184 7,297 4,950 (D ) (D ) 70,857 16,936 5,243 24,528 744 15,870 6,079 1,456 195,314 35,356 185,753 41,444 51,621 32,257 159,977 16,679 37,024 45,232 258,741 68,853 12,790 177,098 42,613 134,485 73,778 17,701 5,491 25,989 (NA) 16,984 4,835 2,779 216,129 35,833 199,235 47,273 55,220 34,306 168,463 17,404 39,174 47,639 269,110 71,462 12,987 184,661 44,326 140,335 p Preliminary 2. Midyear population estimates of the Census Bureau. r Revised 3. Per capita personal income is total personal income divided by total midyear population. D Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the total. 4. Contributions for government social insurance are included in earnings by type and industry, but they are excluded L Less than $500,000, but the estimates for this item are included in the total. from personal income. NA Not available 5. The adjustment for residence is the net inflow of the earnings of interarea commuters. For the United States, it 1. The industry classification uses the 2002 North American Industry Classification System (NAICS) for 2006 and 2007 consists of adjustments for border workers: Wage and salary disbursements to U.S. residents commuting to Canada less NAICS for 2007-2008. wage and salary disbursements to Canadian and Mexican residents commuting into the United States. for FRASER Digitized April 2009 S urvey of C urren t B 75 u s in e s s and Earnings by Industry, 2006-20081 —Table Ends of dollars] Great Lakes Plains Southwest Southeast Rocky Mountain Far West Line 2006r 2007' 2008 p 2006' 2007' 2008p 2006' 2007' 2008p 2006' 2007' 2008 p 2006' 2007' 2008p 2006' 2007' 2008p 1,594,771 46,165 34,545 1,681,092 46,288 36,318 1,735,439 46,396 37,405 688,129 19,883 34,608 734,120 20,025 36,661 770,668 20,166 38,217 2,500,697 74,743 33,457 2,642,863 75,815 34,859 2,736,883 76,651 35,706 1,194,853 35,052 34,088 1,279,385 35,769 35,768 1,350,689 36,454 37,052 359,796 10,256 35,082 383,085 10,488 36,527 400,800 10,700 37,459 1,984,981 50,599 39,230 2,096,968 51,075 41,056 2,169,858 51,671 41,994 1 2 1,229,412 136,356 69,290 67,066 5,706 1,098,761 253,625 242,384 1,274,926 140,382 71,844 68,538 6,053 1,140,597 277,269 263,226 1,300,368 143,380 73,680 69,699 6,463 1,163,451 285,670 286,319 533,627 61,002 31,780 29,222 -5,735 466,889 117,663 103,577 566,324 63,914 33,543 30,371 -6,041 496,369 127,808 109,942 592,545 66,837 35,224 31,613 -6,329 519,379 132,356 118,933 1,830,530 203,797 108,208 95,588 11,068 1,637,801 456,904 405,993 1,908,604 212,537 113,665 98,872 12,023 1,708,090 500,779 433,995 1,951,794 218,352 117,124 101,228 12,609 1,746,051 515,160 475,672 952,864 95,693 49,894 45,799 403 857,574 174,263 163,016 1,017,372 1,067,859 107,550 56,640 50,911 98 960,407 192,502 197,780 282,489 30,372 15,091 15,282 1,151 253,267 65,481 41,047 298,980 32,119 16,075 16,045 1,225 268,086 71,150 43,848 310,898 33,480 16,849 16,632 1,268 278,686 74,030 48,084 1,538,668 171,700 86,515 85,185 -1,587 1,365,381 366,040 253,559 1,605,514 177,411 89,412 87,999 -1,699 1,426,404 401,044 269,521 1,640,809 181,902 91,769 90,133 -1,733 1,457,173 417,713 294,972 4 5 53,592 48,519 189 915,451 186,727 177,208 895,230 208,654 141,588 67,066 125,528 2,260 123,269 927,177 214,243 145,706 68,538 133,505 4,782 128,724 944,101 218,853 149,153 69,699 137,415 6,568 130,847 386,387 90,798 61,576 29,222 56,443 4,582 51,861 407,629 94,294 63,922 30,371 64,402 10,088 54,314 424,893 98,402 66,789 31,613 69,250 13,921 55,329 1,327,191 315,988 220,400 95,588 187,350 5,319 182,031 1,391,967 327,168 228,296 98,872 189,469 5,899 183,570 1,423,880 337,131 235,903 101,228 190,782 5,452 185,331 640,673 145,875 100,076 45,799 166,317 1,066 165,250 688,538 153,855 105,337 48,519 174,978 2,537 172,441 722,295 161,589 110,678 50,911 183,975 776 183,199 195,281 45,944 30,662 15,282 41,263 42 41,221 209,664 48,269 32,224 16,045 41,047 844 40,203 218,777 50,503 33,871 16,632 41,618 261 41,357 1,084,441 257,702 172,517 85,185 196,526 2,377 194,149 1,145,788 266,440 178,441 87,999 193,285 5,284 188,001 1,174,672 274,507 184,374 90,133 191,629 3,253 188,377 4,628 1,224,783 1,050,396 1,543 6,608 (D) 2,369 (D) 11,251 71,954 232,536 162,031 3,694 5,902 14,014 26,119 26,238 9,518 8,118 (D) (D) 5,344 11,360 70,505 13,738 1,822 404 639 499 272 8,043 8,119 5,363 18,956 12,650 69,364 73,822 44,969 5,938 (0 ) (D) 17,715 1,650 661 79 5,380 4,110 5,776 27,101 8,734 934 4,647 543 9,185 2,849 209 81,780 24,790 108,347 35,535 45,983 14,665 124,156 11,030 29,365 35,595 174,387 25,750 7,310 141,327 36,447 104,881 7,734 1,267,192 1,087,123 1,652 7,223 (D) 2,485 (D) 11,942 71,095 234,791 163,720 3,579 5,797 14,054 26,890 26,597 9,811 8,026 (D) (D) 5,562 11,755 71,071 14,120 1,723 409 638 479 267 7,946 9,615 1,290,753 1,103,375 1,654 8,261 (NA) (NA) (NA) 12,669 68,345 230,497 159,036 (NA) (NA) (NA) (NA) (NA) (NA (NA (NA) (NA) (NA) (NA) 71,462 (NA) (NA) (NA) NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 75,216 75,194 46,637 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 29,694 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 87,409 23,141 121,321 37,912 49,446 16,758 137,489 12,041 31,284 38,407 187,379 27,933 8,029 151,417 (NA) (NA) 6,887 526,740 440,330 1,547 3,398 (D) 1,646 (D) 5,731 33,455 79,851 50,215 2,386 2,244 (D) 12,971 553,353 462,801 1,675 3,751 (D) 1,703 (D) 6,242 33,651 81,591 51,329 2,331 2,262 (D) 7,304 9,072 7,765 2,464 (D) 6,269 2,334 4,432 30,261 10,684 955 16,899 575,646 480,431 1,703 4,302 (NA) (NA) (NA) 6,780 33,296 82,821 51,622 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 31,198 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 35,273 35,906 22,103 (NA) (NA) NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 18,469 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 42,063 8,530 43,349 21,303 18,435 7,540 62,130 5,182 14,161 17,085 95,215 15,330 9,167 70,718 (NA) (NA) 9,296 1,821,233 1,478,987 6,811 16,543 5,360 6,946 4,237 15,921 129,898 215,912 126,060 8,972 8,266 7,591 16,205 13,717 14,889 8,413 19,332 11,924 7,149 9,602 89,852 16,538 5,135 6,127 3,597 2,781 260 11,971 6,863 4,393 21,475 10,714 97,846 129,135 67,583 7,542 4,243 (D) 23,047 1,753 (D) 224 10,804 9,444 6,962 55,684 11,716 1,778 13,353 541 20,423 7,590 282 106,991 41,981 157,727 37,419 77,026 19,209 171,861 18,899 56,414 56,127 342,246 67,736 54,356 220,154 66,402 153,752 10,155 1,898,448 1,535,760 6,961 18,047 5,959 7,253 4,835 16,607 127,661 217,166 127,581 8,472 8,370 7,739 16,795 14,143 15,328 8,525 18,754 12,754 6,872 9,829 89,585 16,998 4,726 (D) 3,640 2,487 (D) 11,661 7,024 4,256 22,035 10,848 103,311 132,213 71,238 8,901 (D) 2,885 23,659 1,838 (D) 238 11,685 9,262 7,378 57,906 12,238 1,960 13,880 (NA) 23,176 5,566 1,087 110,904 40,849 168,798 40,871 80,744 20,916 182,605 20,153 59,751 59,060 362,688 71,437 57,285 233,966 70,550 163,416 9,865 1,941,928 1,558,610 6,954 20,928 (NA) (NA) (NA) 17,845 118,712 215,289 126,183 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 89,106 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 105,382 131,277 71,042 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 59,434 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 111,661 39,528 180,453 42,031 80,170 22,372 193,169 20,833 60,933 60,597 383,318 74,946 61,871 246,501 (NA) (NA) 2,961 949,903 799,002 2,308 59,608 44,085 2,352 13,171 16,235 65,587 119,836 69,532 2,009 4,386 2,641 10,337 9,335 20,294 1,678 3,601 8,957 1,884 4,409 50,304 6,006 1,273 157 351 362 4,692 1,012,679 852,705 2,376 67,143 48,508 2,667 15,968 18,257 67,146 124,374 72,112 1,930 4,526 2,823 11,351 10,734 19,773 1,849 3,559 9,289 1,828 4,451 52,261 3,010 1,064,849 895,123 2,335 80,671 (NA) (NA) (NA) 18,903 68,395 126,308 73,100 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 53,208 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 60,033 64,180 42,194 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 29,897 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 61,596 24,604 94,673 12,637 45,287 8,989 91,017 7,552 28,134 27,716 169,727 31,016 21,096 117,614 (NA) (NA) 1,447 281,042 232,660 958 8,822 3,799 2,537 2,486 2,614 23,756 25,212 17,040 1,123 1,147 (D) 1,845 1,203 5,562 279 (D) 1,660 833 2,094 8,172 2,346 296,634 245,656 997 9,953 4,169 2,779 3,004 2,517 24,501 25,992 17,624 1,145 1,233 (D) 1,980 1,325 5,550 293 (D) 1,759 873 2,109 8,368 2,297 713 39 141 (D) 31 554 (D) (D) 1,798 648 14,649 19,934 9,929 1,695 1,812 309,085 254,596 966 11,817 (NA) (NA) (NA) 2,674 23,186 26,402 17,593 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 8,809 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 15,313 20,054 9,827 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 16,420 (NA) (NA) (NA) (NA) (NA) (NA) (NA) 18,578 7,543 33,058 6,044 11,415 3,039 25,603 3,476 9,505 9,678 54,489 10,375 1,528,293 1,269,979 10,206 7,422 3,513 (°) (D) 14,032 113,454 174,907 123,855 (D) (D) 3,358 10,820 9,112 50,458 (D) 3,519 19,204 3,755 ■ 11,321 51,052 11,904 4,076 559 744 (D) 251 (D) 4,985 (D) 12,217 (D) 75,757 100,469 45,805 6,106 1,948 (D) 12,067 2,437 (D) 608 10,902 4,817 4,556 74,373 12,986 1,592,528 1,317,565 10,711 8,276 3,897 (D) (D) 14,505 111,790 177,780 125,912 (D) 4,566 3,457 (D) 9,388 51,148 (D) 3,496 19,445 3,612 11,795 51,868 12,152 4,008 538 806 3,592 268 (D) 5,023 (D) 12,552 (D) 80,579 103,591 47,507 6,275 11,230 1,629,579 1,339,500 10,823 9,275 (NA) (NA) (NA) 15,082 102,372 177,485 125,024 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 52,461 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 82,205 101,883 47,816 (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) 83,558 (NA) (NA) (NA) (NA (NA (NA) (NA) 99,506 40,701 185,587 32,793 61,661 18,486 141,915 23,076 58,846 46,429 290,079 40,937 33,714 215,429 (NA) (NA) 8,211 5,440 19,507 12,331 72,845 75,608 46,566 5,822 3,258 551 18,527 1,739 760 90 5,704 3,979 6,137 28,461 9,226 938 4,887 (NA) 10,032 2,439 940 86,191 24,216 114,963 37,313 48,518 15,648 130,343 11,640 30,789 37,317 180,069 26,706 7,496 145,867 37,787 108,079 6,886 8,649 7,658 2,455 (D) 6,332 2,335 4,252 29,636 10,445 934 77 303 291 (D) (D) 3,953 2,403 5,314 3,419 31,383 34,308 20,951 1,778 3,461 (D) 9,090 746 435 (D) 1,746 1,707 1,819 16,646 4,635 287 2,580 (D) 6,133 2,809 (D) 38,309 8,557 37,269 17,200 16,404 6,538 55,109 4,930 13,064 15,681 86,410 14,394 7,839 64,177 18,502 45,675 86 338 (D) 286 2,200 (D) (D) 5,539 3,468 33,104 35,275 22,207 2,110 3,554 (D) 9,574 796 459 (D) 1,868 1,667 1,987 17,828 4,880 289 2,833 (NA) 6,646 2,923 258 40,742 8,550 40,415 18,937 17,690 7,037 58,725 5,146 13,731 16,505 90,551 14,804 8,467 67,281 19,441 47,840 6. Rental income of persons includes the capital consumption adjustment. 7. Proprietors’ income includes the inventory valuation adjustment and the capital consumption adjustment. 8. “Other” consists of the wage and salary disbursements of U.S. residents employed by international organizations and 201 2,255 2,692 18,207 15,284 3,515 53,119 61,498 38,522 7,279 (D) 462 10,236 974 5,225 (D) 6,826 (D) 2,433 26,778 5,639 787 6,195 190 9,873 3,934 162 56,299 25,250 80,692 9,647 39,459 7,601 79,265 6,829 25,558 24,909 150,901 28,161 18,513 104,227 27,504 76,723 102,111 6,210 1,237 175 382 332 213 2,290 2,741 19,023 16,183 3,476 57,741 63,755 41,588 7,669 2,552 492 11,082 1,047 6,130 69 7,369 2,496 2,682 28,252 5,942 835 6,578 (NA) 11,236 3,232 429 59,598 25,005 87,850 11,802 43,440 8,206 85,230 7,230 27,165 26,547 159,974 29,521 19,841 110,612 28,586 82,026 2,200 654 (D) 129 91 28 566 901 (D) 1,749 633 13,357 18,868 9,390 1,527 1,172 6 3,266 344 (D) 48 1,058 (D) (D) 15,038 3,615 256 5,446 (D) 4,331 1,174 (D) 17,084 8,125 28,415 5,567 10,191 2,683 22,221 3,242 8,476 8,639 48,382 10,807 5,509 32,066 10,908 21,157 1,202 7 3,494 370 (D) (D) 1,107 870 (D) 15,292 3,681 244 5,599 (NA) 4,525 909 335 17,854 7,843 30,793 6,036 11,057 2,878 23,745 3,438 9,107 9,142 50,978 11,261 5,740 33,978 11,446 22,532 11,686 6,213 36,590 (NA) (NA) 21,122 15,328 11,537 1,057 15,767 9,266 297 100,721 44,580 160,877 30,446 57,594 16,082 124,742 21,535 54,568 42,407 258,314 37,904 29,114 191,295 49,000 142,295 2,000 (D) 12,501 2,582 (D) 683 11,306 4,770 4,895 78,171 23,654 15,327 12,046 (NA) 17,863 3,371 5,910 101,446 42,018 173,288 32,554 60,958 17,204 132,586 22,448 57,600 44,553 274,962 39,252 30,961 204,750 52,548 152,202 3 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 86 87 88 89 90 foreign embassies and consulates in the United States. Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. 76 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, United States Line Item Alabama 2007 ii' III' 2007 2008 IV' I' ir III' IV p II' III' 2008 IV' I' II' III' IV p Income by place of residence 1 Personal income (lines 2-11)...................................... 11,548,389 11,701,751 11,839,843 11,939,005 12,130,925 12,150,854 12,125,350 149,042 150,891 152,389 154,066 158,556 157,520 157,218 107,132 12,170 108,217 12,294 109,275 12,400 110,395 12,638 111,045 12,740 111,940 12,819 111,356 12,754 Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 4 5 6 7 8 9 10 11 Employee and self-employed contributions for government social insurance.......................... Employer contributions for government social insurance........................................................ Plus: Adjustment for residence3.................................. Equals: Net earnings by place of residence................ Plus: Dividends, interest, and rent4............................. Plus: Personal current transfer receipts....................... State unemployment insurance benefits............. Personal current transfer receipts excluding state unemployment insurance benefits................... 8,783,457 958,536 8,876,980 965,732 8,985,161 975,104 9,062,593 992,034 9,091,890 995,233 9,156,681 999,813 9,132,138 996,561 496,680 500,232 505,008 515,042 516,915 519,400 517,866 6,606 6,663 6,715 6,859 6,918 6,959 6,924 461,856 -1,420 7,823,501 2,026,264 1,698,624 30,896 465,500 -1,437 7,909,811 2,071,844 1,720,096 32,224 470,096 -1,458 8,008,599 2,093,916 1,737,328 33,956 476,992 -1,477 8,069,083 2,092,340 1,777,582 37,829 478,318 -1,479 8,095,178 2,109,986 1,925,761 41,038 480,413 -1,487 8,155,382 2,123,288 1,872,184 58,815 478,695 -1,486 8,134,091 2,087,894 1,903,364 71,580 5,564 1,581 96,543 24,366 28,132 231 5,632 1,593 97,516 24,873 28,502 242 5,685 1,592 98,468 25,144 28,778 241 5,779 1,614 99,371 25,248 29,447 280 5,822 1,614 99,920 25,606 33,030 318 5,860 1,613 100,734 25,944 30,842 478 5,830 1,613 100,214 25,547 31,458 619 1,667,728 1,687,872 1,703,372 1,739,753 1,884,723 1,813,369 1,831,784 27,902 28,260 28,536 29,167 32,713 30,364 30,838 6,304,488 1,441,404 6,371,588 1,453,704 6,459,660 1,467,660 6,511,579 1,483,854 6,524,616 1,494,244 6,574,917 1,503,080 6,564,879 1,506,772 77,337 18,848 78,198 19,050 79,102 19,191 79,857 19,436 80,411 19,654 81,125 19,821 80,832 19,847 979,548 988,204 997,564 1,006,862 1,015,926 1,022,667 1,028,077 13,284 13,419 13,506 13,657 13,832 13,961 14,017 461,856 1,037,565 29,477 1,008,088 465,500 1,051,688 35,572 1,016,116 470,096 1,057,841 31,849 1,025,992 476,992 1,067,160 37,665 1,029,495 478,318 1,073,030 34,625 1,038,405 480,413 1,078,684 31,063 1,047,621 478,695 1,060,487 25,806 1,034,681 5,564 10,946 699 10,247 5,632 10,969 730 10,238 5,685 10,982 659 10,322 5,779 11,103 870 10,233 5,822 10,980 635 10,345 5,860 10,995 591 10,404 5,830 10,677 558 10,119 52,531 8,730,926 7,285,685 28,520 119,292 89,936 546,294 1,064,459 677,760 386,699 467,806 548,695 297,784 312,101 673,469 196,644 860,460 205,428 331,483 118,983 833,128 91,380 248,006 251,818 1,445,241 275,227 145,710 1,024,305 58,861 8,818,119 7,355,454 28,731 121,746 91,379 545,146 1,062,097 679,039 383,058 472,339 549,560 289,619 318,438 694,407 191,231 879,971 210,256 336,298 121,352 844,589 92,566 250,916 254,811 1,462,666 275,117 147,615 1,039,933 55,194 8,929,967 7,453,209 28,887 126,675 92,846 542,830 1,071,176 681,710 389,460 480,981 553,910 292,790 326,549 699,142 188,459 903,280 213,535 341,257 124,053 859,169 93,977 255,180 258,518 1,476,758 274,942 147,450 1,054,366 61,260 9,001,333 7,499,809 28,654 133,354 95,209 534,234 1,071,182 679,162 392,020 481,825 551,967 295,203 328,030 711,801 191,055 915,201 213,766 341,766 125,623 871,922 93,438 254,833 260,747 1,501,525 282,371 152,966 1,066,188 58,430 9,033,460 7,511,826 28,735 138,957 95,061 525,891 1,071,818 679,241 392,577 484,810 552,984 292,576 331,054 693,102 189,364 929,437 212,955 340,265 127,730 883,589 94,751 256,370 262,379 1,521,634 286,101 155,292 1,080,241 55,064 9,101,618 7,560,573 28,795 146,759 94,794 520,440 1,067,061 674,845 392,216 488,868 550,379 292,145 335,150 703,805 189,401 939,285 217,368 340,058 130,706 896,714 95,865 258,184 264,797 1,541,045 288,552 159,089 1,093,403 50,014 9,082,125 7,527,974 28,321 150,513 96,744 508,298 1,043,512 661,127 382,385 482,415 535,058 290,798 336,699 704,723 185,068 949,807 216,692 340,801 131,595 909,847 96,953 255,815 264,315 1,554,151 291,579 162,465 1,100,107 879 106,253 83,904 601 912 107,305 84,711 596 1,133 1,610 6,808 18,347 11,786 6,561 5,492 7,714 3,489 1,806 5,687 1,625 8,525 1,168 3,259 795 10,185 456 2,566 3,449 22,594 5,244 2,254 15,097 842 108,433 85,419 577 1,152 1,563 7,023 18,319 11,734 6,585 5,593 7,725 3,603 1,689 5,438 1,611 8,778 1,258 3,312 775 10,419 457 2,628 3,498 23,014 5,261 2,248 15,506 1,055 109,341 86,072 580 821 110,225 86,510 581 1,260 1,499 6,703 18,602 778 111,162 86,974 580 1,317 1,609 6,665 18,615 12,056 6,558 5,745 7,774 3,539 1,773 5,587 1,630 9,297 1,304 3,360 761 10,665 467 2,720 3,567 24,188 5,504 2,445 16,239 747 110,609 Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries....................... Employer contributions for employee pension and insurance funds............................................... Employer contributions for government social insurance........................................................ Proprietors’ income5................................................ Farm proprietors’ income.................................... Nonfarm proprietors’ income............................... Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... Mining................................................................. 23 24 Utilities................................................................ 25 Construction....................................................... 26 Manufacturing..................................................... 2/ Durable goods................................................ Nondurable goods.......................................... 28 29 Wholesale trade................................................. 30 Retail trade......................................................... 31 Transportation and warehousing......................... 32 Information......................................................... 33 Finance and insurance....................................... 34 Real estate and rental and leasing...................... 35 Professional and technical services.................... 36 Management of companies and enterprises....... 37 Administrative and waste services...................... 38 Educational services.......................................... 39 Health care and social assistance....................... 40 Arts, entertainment, and recreation..................... 41 Accommodation and food services..................... 42 Other services, except public administration....... 43 Government and government enterprises............... 44 Federal, civilian.................................................. Military................................................................ 45 46 State and local................................................... See the footnotes at the end of the table. 1,112 1,508 6,798 18,233 11,702 6,531 5,467 7,706 3,545 1,718 5,339 1,660 8,467 1,239 3,202 759 10,129 455 2,543 3,423 22,350 5,230 2,247 14,873 1,200 1,576 6,774 18,535 11,932 6,602 5,623 7,700 3,543 1,749 5,917 1,595 8,858 1,173 3,356 752 10,522 457 2,635 3,529 23,268 5,380 2,342 15,547 12,002 6,600 5,706 7,698 3,541 1,769 5,749 1,607 9,157 1,230 3,389 750 10,580 458 2,686 3,544 23,714 5,435 2,392 15,887 86,210 571 1,348 1,637 6,486 18,152 11,786 6,367 5,675 7,550 3,527 1,788 5,585 1,584 9,372 1,300 3,362 760 10,787 475 2,686 3,562 24,399 5,552 2,528 16,319 April 2009 S urvey of C urren t B 77 u s in e s s and Earnings by Industry, 2007:1— 1 2008:1V1 —Continues seasonally adjusted at annual rates] Alaska II' 2007 2008 III' I' IV’ Arkansas Arizona 2007 II’ III' IV” . II' III' IV' I' II' 2008 2007 2008 III' II' |V p III' IV' I' Line III' II' IV p 27,180 27,367 27,662 29,049 29,656 29,981 30,237 207,079 210,275 211,284 213,060 215,531 214,810 213,414 84,409 85,487 88,490 87,662 90,308 89,644 89,492 1 22,578 2,227 22,648 2,224 22,931 2,248 23,294 2,312 23,623 2,346 24,049 2,383 24,325 2,411 153,760 17,418 155,584 17,600 155,557 17,548 156,629 17,861 155,610 17,736 155,508 17,668 153,946 17,479 59,409 6,974 59,905 6,992 62,982 7,351 61,358 7,215 61,921 7,289 62,170 7,320 61,839 7,289 2 1,091 1,092 1,104 1,138 1,155 1,175 1,189 9,140 9,217 9,183 9,368 9,307 9,272 9,175 3,736 3,741 3,954 3,869 3,911 3,926 3,911 4 1,136 -1,359 18,992 3,851 4,336 87 1,133 -1,366 19,058 3,925 4,385 89 1,145 -1,400 19,282 3,966 4,414 82 1,174 -1,422 19,561 3,984 5,504 89 1,191 -1,441 19,836 4,052 5,768 103 1,208 -1,465 1,222 121 8,278 713 137,055 37,361 32,663 282 8,383 721 138,705 38,343 33,227 319 8,366 764 138,772 38,847 33,665 351 8,492 748 139,517 38,890 34,653 414 8,428 754 138,629 39,253 37,649 459 8,396 768 138,608 39,673 36,529 639 8,304 776 137,244 38,741 37,429 811 3,239 -276 52,159 14,553 17,696 303 3,251 -263 52,650 14,885 17,951 323 3,397 -363 55,269 15,094 18,127 318 3,346 -271 53,871 15,239 18,553 332 3,378 -284 54,348 15,462 20,498 360 3,394 -277 54,573 15,556 19,515 481 3,379 -266 54,283 15,337 19,872 572 10 4,249 4,296 4,332 5,414 5,665 5,561 5,626 32,381 32,908 33,313 34,239 37,190 35,889 36,618 17,394 17,628 17,809 18,221 20,138 19,034 19,300 11 15,411 4,730 15,483 4,729 15,724 4,758 16,020 4,868 16,237 4,967 16,560 5,047 16,780 5,139 114,648 24,433 116,132 24,791 116,269 24,754 117,231 25,096 116,286 25,025 116,173 25,005 115,116 24,939 41,996 10,452 42,200 10,527 44,790 11,087 43,319 10,758 43,723 10,880 44,006 10,923 43,899 10,938 12 3,593 3,597 3,614 3,695 3,776 3,839 3,917 16,154 16,408 16,388 16,604 16,597 16,609 16,635 7,213 7,276 7,691 7,412 7,502 7,529 7,559 14 1,136 2,438 1,133 2,436 1,145 2,448 1,174 2,406 -16 2,422 1,191 2,419 -17 2,436 1,208 2,442 -18 2,460 1,222 2,406 -18 2,424 8,278 14,680 229 14,451 8,383 14,661 287 14,374 8,366 14,534 236 14,298 8,492 14,301 119 14,183 8,428 14,298 94 14,205 8,396 14,329 40 14,289 8,304 13,891 3,251 7,178 3,397 7,105 1,087 6,018 3,346 7,281 1,261 13,879 3,239 6,961 990 5,971 3,378 7,319 1,234 6,085 3,394 7,241 1,117 6,123 3,379 7,002 954 6,048 15 16 17 18 -3 23,297 15,753 190 1,972 218 1,763 805 195 610 453 1,415 1,527 516 738 374 1,385 107 621 -3 23,626 15,946 194 -4 24,053 16,190 191 2,138 225 1,745 800 194 606 446 1,423 1,552 533 748 374 1,466 -4 24,329 16,343 190 2,209 228 1,740 785 190 595 440 1,399 1,599 544 757 360 1,496 735 153,025 127,570 494 1,134 1,352 13,795 14,564 12,294 2,269 8,571 12,614 4,768 3,150 10,441 5,171 12,518 798 154,786 128,479 465 1,193 1,429 13,602 14,508 2,121 646 115 2,154 208 776 587 7,986 1,757 2,411 3,819 8,919 1,697 15,231 1,570 5,431 4,029 25,455 4,897 2,366 18,193 566 154,941 127,557 408 1,602 1,467 11,487 14,343 11,989 2,354 8,543 12,023 4,661 3,312 9,805 5,022 13,273 2,530 8,774 1,992 17,093 1,696 5,451 4,073 27,384 5,329 2,532 19,524 542 153,404 125,747 401 1,577 1,488 10,872 14,222 11,965 2,257 8,431 11,424 4,640 3,303 9,778 4,790 13,217 2,501 8350 2,007 17,328 1,724 5,342 4,051 27,657 5,412 2,590 19,655 1,261 58,149 47,033 537 697 653 3,256 9,391 5,092 4,299 3,054 4,003 3,474 1,849 2,335 907 3,147 2,047 1,537 367 6,346 309 1,402 1,723 11,116 1,876 1,047 8,193 1,365 61,618 50,255 528 772 656 3,242 9,367 5,096 4,271 3,155 4,057 3,474 4,497 2,372 873 3,201 2,083 1,608 389 6,469 326 1,439 1,748 11,363 1,860 1,073 8,430 1,542 59,816 48,264 545 800 707 3,238 9,329 5,054 4,275 3,208 4,091 3,423 1,944 2,454 884 3,222 2,235 1,649 384 6,594 343 1,453 1,760 11,552 1,893 1,517 60,404 48,805 534 111 636 155,993 128,888 437 1,472 1,518 12,477 14,544 12,216 2,328 8,452 12,466 4,768 3,304 10,094 5,158 13,349 2,271 9,229 1,860 16,296 1,700 5,456 4,038 27,105 5,116 2,470 19,519 615 154,995 127,864 433 1,399 1,480 110 748 154,809 128,357 453 1,233 1,435 13,035 14,399 12,005 2,393 8,560 12,600 4,575 3,259 10,019 4,822 13,257 2,457 9,126 1,815 15,932 1,687 5,605 4,088 26,452 4,965 2,389 19,097 1,403 60,767 48,944 530 978 660 3,352 9,312 5,048 4,264 3,275 4,157 3,405 1,746 2,481 893 3,330 2,375 1,677 416 6,706 325 1,497 1,829 11,823 1,927 1,153 8,742 1,241 60,597 48,674 522 1,007 672 3,281 9,126 4,917 4,208 3,243 4,040 3,373 1,781 2,483 874 3,363 2,381 1,673 422 6,798 330 1,480 1,825 11,923 1,939 1,180 8,805 2 2 1 2,436 2,434 2,447 15 22,563 15,200 206 1,782 16 22,633 15,254 206 1,844 15 22,916 15,566 200 211 1,688 1,707 838 185 653 428 1,382 1,522 490 690 382 1,282 103 587 113 1,995 197 746 551 7,363 1,657 2,154 3,552 819 188 632 436 1,386 1,464 492 696 369 1,314 112 589 202 1,904 214 1,736 848 198 650 443 1,416 1,486 503 703 364 1,363 105 606 2,001 222 1,716 823 196 627 454 1,416 1,533 544 740 367 1,438 106 625 20,201 4,110 5,669 109 112 110 112 112 630 114 2,006 199 759 551 7,379 1,658 2,148 3,572 2,035 2,044 192 759 563 7,544 1,683 2,231 3,629 2,106 2,122 200 205 783 585 7,863 1,721 2,346 3,795 201 765 562 7,350 1,658 2,124 3,567 775 576 7,680 1,714 2,316 3,651 -1,486 20,428 4,062 5,747 12,201 2,307 8,526 12,573 4,696 3,212 10,312 5,011 12,934 2,485 9,081 1,724 15,665 1,612 5,393 4,060 26,307 4,937 2,391 18,978 12,011 14,458 12,071 2,387 8,445 12,315 4,611 3,278 10,018 4,991 13,303 2,332 9,009 1,901 16,735 1,644 5,458 4,045 27,130 5,241 2,483 19,406 11 1,210 5,968 1,485 58,420 47,053 530 733 653 3,176 9,359 5,122 4,237 3,115 4,012 3,365 1,850 2,375 885 3,144 2,112 1,568 374 6,337 314 1,422 1,728 11,367 1,870 1,070 8,427 6,020 1,111 8,548 886 729 3,270 9,330 5,053 4,277 3,256 4,131 3,444 1,966 2,472 886 3,268 2,317 1,677 398 6,658 308 1,471 1,803 11,599 1,910 1,131 8,558 3 5 6 7 8 9 13 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 78 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, California Item Line Colorado 2007 2008 2007 2008 II' III' IV' I' II' III' IV p 1,510,674 1,530,566 1,548,190 1,548,068 1,574,624 1,579,715 1,575,071 197,516 200,823 204,854 206,521 208,997 211,004 210,764 1,159,996 126,355 1,170,129 126,945 1,182,831 127,934 1,179,259 128,840 1,188,436 129,891 1,194,779 130,239 1,192,477 129,910 157,828 16,048 160,192 16,233 164,011 16,621 165,436 16,870 165,909 16,925 168,160 17,087 168,111 17,044 64,685 64,736 65,112 65,734 66,334 66,548 66,417 8,077 8,173 8,370 8,515 8,551 8,642 8,626 61,670 -205 1,033,436 285,012 192,226 4,783 62,209 -195 1,042,988 293,083 194,494 4,879 62,822 -168 1,054,729 296,815 196,646 5,360 63,107 -152 1,050,267 296,584 201,217 6,115 63,557 -190 1,058,355 299,825 216,444 6,358 63,691 -170 1,064,371 304,372 210,973 8,933 63,493 -171 1,062,397 296,811 215,863 10,859 7,970 443 142,223 35,456 19,836 286 8,060 445 144,405 36,306 308 8,252 444 147,834 36,712 20,308 307 8,355 454 149,019 36,689 20,814 367 8,374 456 149,439 37,112 22,446 382 8,445 458 151,531 37,632 21,841 588 8,418 459 151,525 36,881 22,357 755 187,443 189,615 191,287 195,102 210,086 202,039 205,005 19,550 19,805 20,000 20,447 22,063 21,253 21,602 820,693 189,940 828,366 191,362 839,277 193,169 837,385 193,169 843,730 195,681 848,845 196,719 848,358 197,342 109,496 24,200 111,234 24,559 114,435 25,099 115,061 25,383 115,369 25,563 116,925 25,886 116,873 26,003 128,270 129,153 130,347 130,062 132,124 133,029 133,849 16,230 16,500 16,847 17,028 17,188 17,441 17,585 61,670 149,364 3,946 145,417 62,209 150,401 4,770 145,631 62,822 150,385 4,190 146,195 63,107 148,706 3,282 145,424 63,557 149,025 3,060 145,965 63,691 149,215 2,337 146,879 63,493 146,777 2,428 144,349 7,970 24,133 196 23,937 8,060 24,399 258 24,141 8,252 24,478 147 24,330 8,355 24,992 251 24,741 8,374 24,976 49 24,928 8,445 25,349 5 25,344 8,418 25,235 -62 25,297 9,243 1,150,753 961,486 6,898 4,503 12,069 76,668 133,427 93,134 40,293 59,097 73,669 32,907 57,873 79,756 32,914 136,873 10,126 1,160,002 968,784 6,904 4,711 11,898 74,700 134,097 94,072 40,024 60,194 74,316 31,809 59,857 79,434 31,760 140,613 22,109 45,298 13,787 93,976 17,594 33,157 32,569 191,219 23,896 16,458 150,865 9,562 1,173,270 978,574 6,913 4,883 12,516 72,928 134,542 94,080 40,461 60,818 74,569 32,279 59,271 79,051 31,304 145,289 22,967 46,145 14,084 96,156 18,177 33,633 33,048 194,695 23,760 16,524 154,412 8,712 1,170,548 975,675 6,871 4,991 12,465 70,228 131,705 91,236 40,469 60,288 73,280 32,490 60,306 78,692 31,963 146,926 22,586 45,838 14,269 97,536 18,121 33,940 33,180 194,873 24,596 17,138 153,139 8,539 1,179,897 981,346 7,083 5,188 12,674 68,613 133,940 92,796 41,143 60,531 73,653 32,366 62,962 75,493 31,317 149,756 22,419 45,548 14,493 99,179 18,173 34,336 33,624 198,551 24,916 17,455 156,180 7,860 1,186,920 984,253 7,059 5,369 12,169 66,061 134,147 92,290 41,857 61,103 72,596 32,188 63,413 77,083 31,709 150,519 22,844 45,431 14,870 101,099 18,165 34,477 33,952 7,999 1,184,478 980,248 6,930 5,506 12,464 64,247 131,671 90,536 41,135 60,065 70,121 32,029 64,384 77,350 30,600 152,504 22,723 45,625 15,084 102,616 18,438 34,020 33,871 204,230 25,221 18,447 160,562 709 157,119 132,804 237 4,528 1,096 12,195 11,435 8,093 3,342 8,282 8,980 4,365 12,227 10,862 4,952 18,888 3,595 6,399 1,399 11,697 2,075 4,962 4,632 24,315 5,200 3,383 15,733 775 159,417 134,464 242 4,663 1,074 12,241 11,575 8,159 3,415 8,413 9,041 4,194 12,481 11,148 4,796 19,240 3,622 6,482 1,474 11,923 2,134 5,027 4,695 24,954 5,191 3,467 16,296 664 163,347 138,075 246 5,064 1,039 12,159 11,798 8,261 3,537 8,510 9,214 4,312 12,821 11,256 4,892 20,431 3,890 6,581 1,450 12,340 2,167 5,132 4,774 25,272 5,179 3,472 16,620 774 164,662 138,958 247 5,536 1,254 11,946 11,812 8,147 3,666 8,850 9,206 4,344 13,094 11,592 4,697 20,044 3,737 6,589 1,476 12,405 2,129 5,150 4,850 25,703 5,278 3,635 16,790 576 165,332 139,276 247 5,714 1,141 11,790 537 167,623 140,502 231 5,836 474 167,637 140,198 227 6,025 1,130 11,630 11,573 8,031 3,542 8,521 8,880 4,220 13,650 11,541 4,572 21,017 3,588 6,627 1,525 13,187 2,161 5,163 4,963 27,438 5,450 3,867 18,122 II' III' IV' I' II' III' IV p Income by place of residence 1 Personal income (lines 2-11)..................................... Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 Employee and self-employed contributions for 4 government social insurance........................... Employer contributions for government social insurance........................................................ 5 6 Plus: Adjustment for residence3.................................. / Equals: Net earnings by place of residence................ 8 Plus: Dividends, interest, and rent4............................. 9 Plus: Personal current transfer receipts....................... 10 State unemployment insurance benefits............. Personal current transfer receipts excluding state 11 unemployment insurance benefits................... 20,112 Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries........................ Employer contributions for employee pension and insurance funds............................................... Employer contributions for government social insurance........................................................ Proprietors’ income5................................................ Farm proprietors’ income.................................... Nonfarm proprietors’ income............................... Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... Mining................................................................. 23 24 Utilities................................................................ Construction.... 2b Manufacturing... 26 2/ Durable goods 28 Nondurable goods Wholesale trade 29 Retail trade...... 30 31 Transportation and warehousing......................... 32 Information......................................................... 33 Finance and insurance....................................... 34 Real estate and rental and leasing...................... 35 Professional and technical services.................... 36 Management of companies and enterprises....... Administrative and waste services...................... 3/ 38 Educational services.......................................... 39 Health care and social assistance....................... Arts, entertainment, and recreation..................... 40 41 Accommodation and food services..................... 42 Other services, except public administration....... 43 Government and government enterprises............... 44 Federal, civilian.................................................. Military................................................................ 4b 46 State and local................................................... See the footnotes at the end of the table. 22,201 44,486 13,530 92,360 17,395 32,725 32,136 189,267 23,876 16,233 149,159 202,666 25,007 17,879 159,780 12,000 8,108 3,892 8,683 9,184 4,235 13,097 11,287 4,741 20,566 3,653 6,598 1,495 12,633 2,126 5,183 4,903 26,057 5,366 3,673 17,017 1,101 11,940 11,745 8,138 3,608 8,615 9,154 4,229 13,331 11,546 4,811 20,844 3,600 6,713 1,498 12,972 2,124 5,238 4,972 27,121 5,417 3,768 17,935 April 2009 S u rvey of C urren t B 79 u s in e s s and Earnings by Industry, 2007:1— 1 2008:IV1 —Continues seasonally adjusted at annual rates] Connecticut 2007 2008 IV' District of Columbia Delaware 2007 II' lllr II' r IV 190,271 193,449 194,722 195,437 196,840 198,486 196,992 140,325 13,902 141,804 13,982 142,162 13,972 142,714 14,165 143,351 14,232 144,661 14,327 7,304 7,332 7,306 7,422 7,464 6,598 4,678 131,101 38,051 21,119 522 6,650 4,961 132,782 39,294 21,372 562 6,665 5,201 133,392 39,786 21,544 570 6,744 5,424 133,972 39,475 21,990 642 6,768 5,202 134,320 39,402 23,119 662 20,597 20,810 20,974 21,348 100,924 21,368 101,983 21,594 102,250 21,563 14,770 14,944 6,598 18,034 15 18,019 6,650 18,227 27 18,200 139 140,186 122,730 47 238 1,259 7,093 19,059 13,483 5,576 6,853 8,057 3,062 4,156 23,647 2,599 13,476 4,766 4,467 2,952 13,947 1,032 2,678 3,343 17,455 1,766 931 14,758 153 141,651 123,480 50 243 1,253 7,035 19,474 13,817 5,657 6,912 8,095 2,821 4,166 23,436 2,555 13,604 5,163 4,510 3,027 13,987 1,065 2,701 3,384 18,171 1,756 917 15,498 2008 III' 35,341 35,734 35,822 35,772 36,349 37,135 37,440 38,014 38,421 38,674 38,746 1 144,186 14,278 28,863 3,123 28,728 3,093 28,818 3,093 29,214 3,166 29,078 3,155 29,234 3,163 29,154 3,155 72,223 6,751 73,920 6,911 73,992 6,889 75,969 7,151 75,995 7,148 76,705 7,195 77,233 7,230 3 7,517 7,493 1,627 1,615 1,615 1,657 1,652 1,657 1,653 3,286 3,363 3,351 3,485 3,482 3,504 3,521 4 6,811 5,346 135,680 39,772 23,035 1,024 6,784 5,288 135,196 38,304 23,493 1,186 1,496 -2,329 23,412 6,013 5,090 106 1,478 -2,229 23,406 6,142 5,162 108 1,478 -2,230 23,496 6,203 5,222 115 1,509 -2,263 23,784 6,206 5,351 1,506 -2,232 23,839 6,355 5,629 180 1,502 -2,226 23,773 6,242 5,757 121 1,503 -2,230 23,693 6,273 5,768 134 212 3,465 -38,710 26,762 5,374 4,213 56 3,548 -39,652 27,358 5,512 4,266 60 3,538 -39,528 27,575 5,561 4,303 61 3,666 -40,726 28,092 5,533 4,390 64 3,666 -40,694 28,152 5,564 4,705 69 3,691 -41,075 28,435 5,650 4,589 113 3,709 -41,421 28,582 5,507 4,658 116 10 22,457 22,011 22,307 4,984 5,054 5,108 5,230 5,634 5,449 5,545 4,158 4,206 4,242 4,326 4,636 4,477 4,542 11 102,651 21,712 103,082 21,887 104,097 22,052 103,923 22,081 21,269 4,757 21,142 4,702 21,212 21,512 4,762 21,407 4,752 21,534 4,771 21,516 4,782 53,205 14,517 54,545 14,773 54,517 14,711 56,042 15,157 55,912 15,245 56,425 15,366 56,772 15,533 12 4,711 14,898 14,968 15,120 15,242 15,297 3,261 3,224 3,233 3,253 3,249 3,264 3,280 11,052 11,225 11,173 11,491 11,579 11,675 11,823 14 6,665 18,349 6,744 18,350 6,768 18,381 6,811 18,511 4 18,507 6,784 18,181 1,496 2,837 180 2,657 1,478 2,884 194 2,689 1,478 2,895 179 2,716 1,509 2,940 1,503 2,918 172 2,747 1,506 2,929 169 2,760 1,502 2,857 157 2,700 3,465 4,501 3,548 4,602 3,538 4,764 3,666 4,770 3,666 4,838 3,691 4,914 3,709 4,928 15 16 17 18 215 28,648 24,555 230 28,498 24,168 214 28,604 24,402 258 28,956 24,647 21 22 22 22 32 250 1,862 2,954 1,430 1,524 1,309 1,808 612 562 3,966 495 3,183 1,077 904 300 3,018 298 716 800 4,330 477 479 3,375 34 250 1,791 3,272 1,680 1,592 1,367 1,806 615 573 3,715 479 3,232 1,107 958 297 3,033 294 744 814 4,201 469 473 3,259 36 274 1,783 2,967 1,381 1,586 1,313 1,816 619 587 4,060 478 3,388 1,102 1,122 949 299 3,102 296 728 827 4,309 470 498 3,341 966 305 3,180 297 741 831 4,255 492 512 3,251 205 29,028 24,686 23 41 273 1,703 2,853 1,287 1,566 1,339 1,772 613 592 3,954 486 3,456 1,166 929 318 3,276 298 761 834 4,343 504 522 3,316 194 28,960 24,588 32 246 1,869 3,235 1,672 1,563 1,275 1,804 629 542 4,246 500 3,154 1,050 926 281 2,940 296 716 792 4,093 482 463 3,147 208 28,870 24,614 23 38 274 1,794 2,896 1,321 1,575 1,314 1,781 622 584 3,960 482 3,405 12 10 18,370 147 142,015 124,062 50 253 1,262 6,942 19,668 14,042 5,626 6,977 141 142,573 124,305 46 268 1,323 6,860 19,567 14,095 5,472 7,056 8,337 2,785 4,227 23,115 2,563 14,045 4,575 4,580 3,132 14,620 1,056 2,744 3,407 18,267 1,777 918 15,572 140 143,210 124,888 47 283 1,378 6,638 19,664 13,987 5,678 7,043 8,187 2,702 4,244 23,796 2,520 14,170 4,448 4,591 3,184 14,705 1,089 2,783 3,416 18,323 1,782 936 15,605 8,101 2,787 4,191 23,057 2,580 13,952 4,915 4,634 3,078 14,353 1,105 2,764 3,395 17,953 1,738 907 15,308 135 144,526 125,875 49 301 1,368 6,391 19,489 14,178 5,311 7,101 8,088 2,739 4,261 24,768 2,600 14,381 4,228 4,601 3,258 14,894 1,110 2,802 3,445 18,651 1,784 982 15,885 -1 18,183 131 144,055 125,317 48 310 1,396 6,168 19,059 13,929 5,129 7,031 7,817 2,719 4,313 24,878 2,500 14,527 4,207 4,612 3,279 15,122 1,126 2,785 3,423 18,738 1,785 993 15,959 222 2,718 22 42 278 1,662 2,778 1,252 1,526 1,324 1,723 610 599 3,957 472 3,496 1,164 928 321 3,324 302 753 832 4,372 508 530 3,333 III' II' 34,921 18,338 II' I' 34,710 20 IV" IV' 34,515 18,329 III' Line IV' II' II' 2008 III' I' I' 2007 IV p 0 0 0 0 0 0 0 4,501 4,602 4,764 4,770 4,838 4,914 4,928 2 5 6 7 8 9 13 0 0 0 0 0 0 0 19 72,223 43,104 958 73,920 44,532 968 73,992 44,885 958 75,969 45,824 961 75,995 45,544 968 76,705 45,924 974 13 304 936 177 61 116 615 77,233 46,205 954 14 310 950 175 61 114 610 675 339 2,852 2,566 1,124 18,675 377 2,292 2,542 3,950 579 1,869 5,354 31,028 25,489 2,214 3,325 20 21 22 10 10 11 12 12 270 878 183 63 283 905 184 64 318 969 179 59 293 120 120 554 672 351 2,795 2,618 1,149 17,121 477 2,108 2,239 3,690 422 1,780 4,827 29,119 24,118 2,067 2,934 585 670 341 2,830 3,067 1,157 17,686 566 2,140 2,291 3,678 459 1,796 4,917 29,388 24,119 2,090 3,179 301 921 177 58 119 600 676 342 2,836 2,828 1,153 18,053 407 2,199 2,358 3,751 456 1,846 5,012 29,107 24,075 2,080 2,952 120 572 666 375 3,055 2,792 1,147 18,297 534 2,225 2,415 3,800 508 1,841 5,158 30,145 24,713 2,140 3,292 888 182 63 119 579 689 343 2,855 2,539 1,162 18,414 363 2,265 2,467 3,847 552 1,875 5,250 30,451 25,058 2,145 3,248 686 338 2,836 2,553 1,144 18,482 378 2,260 2,522 3,892 560 1,910 5,343 30,781 25,298 2,175 3,307 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 80 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, Florida Line Item Georgia 2007 Ilr III' 2008 IV' I' II' 2007 III' IV p llr III' 2008 IV' I' II' III' IV p Income by place of residence 1 Personal income (lines 2-11)...................................... 694,590 705,253 707,648 711,306 721,520 717,698 713,831 317,723 320,988 321,989 325,274 331,879 329,911 329,219 445,508 50,864 450,062 51,301 448,115 50,916 448,929 51,459 447,156 51,235 446,541 51,034 445,187 50,820 251,500 26,506 253,104 26,629 252,743 26,489 255,485 27,032 255,317 27,025 256,366 27,071 255,427 26,940 Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 Employee and self-employed contributions for 4 government social insurance.......................... Employer contributions for government social 5 insurance........................................................ 6 Plus: Adjustment for residence3.................................. / Equals: Net earnings by place of residence................ a Plus: Dividends, interest, and rent4............................. 9 Plus: Personal current transfer receipts....................... 10 State unemployment insurance benefits............. Personal current transfer receipts excluding state 11 unemployment insurance benefits................... 27,724 28,005 27,831 28,191 28,082 27,965 27,852 14,015 14,091 14,029 14,346 14,351 14,375 14,308 23,140 1,867 396,511 188,608 109,471 1,075 23,296 1,891 400,652 193,597 111,003 23,268 1,967 399,438 196,919 114,949 1,670 23,153 1,974 397,896 198,332 125,292 1,847 23,070 397,508 199,613 120,577 2,847 22,968 1,998 396,366 194,654 122,811 3,200 12,490 -946 224,048 50,491 43,184 593 12,538 -941 225,534 51,671 43,783 637 12,460 -873 225,382 52,288 44,319 746 12,686 1,222 23,085 1,935 399,134 196,399 112,116 1,269 -906 227,547 52,355 45,373 824 12,673 -909 227,384 52,978 51,517 909 12,696 -907 228,388 53,622 47,900 1,471 12,632 -905 227,582 52,599 49,037 1,881 108,396 109,781 110,846 113,278 123,446 117,730 119,611 42,591 43,146 43,573 44,549 50,608 46,429 47,156 333,787 71,860 337,299 72,628 336,006 72,214 336,372 72,718 334,556 72,788 334,104 72,605 333,220 72,717 182,431 41,892 183,625 42,137 183,335 41,976 185,286 42,670 185,073 42,850 185,897 42,989 185,298 43,041 48,720 49,333 49,129 49,450 49,635 49,536 49,749 29,401 29,599 29,516 29,983 30,177 30,293 30,409 23,140 39,861 23,085 39,896 -19 39,914 23,268 39,840 176 39,664 23,153 39,812 140 39,672 23,070 39,833 -63 39,896 22,968 39,251 64 39,186 12,490 27,177 1,262 25,915 12,538 27,342 1,328 26,014 12,460 27,432 1,205 26,227 12,686 39,749 23,296 40,134 156 39,979 27,530 1,175 26,355 12,673 27,395 917 26,478 12,696 27,480 854 26,626 12,632 27,088 832 26,256 1,576 443,932 372,625 1,723 759 2,942 36,329 26,910 18,901 8,009 26,194 34,778 14,081 13,952 31,287 13,396 41,109 8,307 26,035 4,975 47,563 8,561 18,271 15,455 71,306 12,090 7,873 51,344 1,634 448,428 375,241 1,805 766 3,013 36,028 26,827 18,841 7,987 26,557 35,033 13,845 14,289 32,094 13,057 41,212 8,570 25,844 5,123 48,396 8,492 18,593 15,698 73,186 12,071 7,907 53,208 1,463 446,652 373,022 1,872 798 3,068 34,047 26,533 18,565 7,968 26,645 34,470 14,206 14,551 31,770 12,696 41,827 8,357 25,110 5,240 48,919 8,523 18,598 15,795 73,630 12,108 7,802 53,720 1,673 447,257 371,896 1,915 850 3,237 32,395 26,464 18,369 8,095 26,404 34,566 14,195 14,482 31,529 12,801 42,777 7,887 24,463 5,327 49,717 8,643 18,541 15,702 75,360 12,770 8,076 54,514 1,651 445,505 369,224 1,915 836 3,300 30,966 26,205 18,252 7,954 26,283 34,415 14,115 14,680 30,995 12,718 42,523 8,085 23,616 5,367 50,242 8,732 18,554 15,678 76,281 12,908 8,225 55,148 1,460 445,081 369,268 1,818 1,601 443,587 367,259 1,785 909 3,326 28,800 25,828 18,003 7,825 26,253 33,198 13,863 14,815 31,207 12,241 43,566 8,308 23,070 5,619 51,714 8,901 18,156 15,699 76,327 13,039 8,506 54,783 1,616 249,884 206,535 799 651 3,181 15,047 27,535 13,421 14,114 17,522 16,024 12,099 13,463 15,632 6,114 22,748 5,479 11,193 3,167 20,179 1,754 7,128 6,818 43,349 9,286 7,421 26,642 1,684 251,420 207,564 780 644 3,385 14,724 27,493 13,483 14,011 17,754 16,021 11,457 13,391 15,895 5,799 23,293 5,590 11,300 3,249 20,826 1,828 7,220 6,916 43,856 9,302 7,492 27,061 1,561 251,183 206,817 784 641 3,298 14,577 27,410 13,281 14,129 17,955 16,013 10,684 13,605 15,784 5,859 23,965 4,940 11,331 3,340 20,568 1,857 7,300 6,905 44,365 9,320 7,526 27,519 1,534 253,951 208,374 777 570 3,342 14,323 27,477 13,450 14,027 17,893 15,842 11,141 13,861 16,242 5,782 24,209 5,253 11,422 3,334 20,978 1,819 7,262 6,846 45,577 9,630 7,909 28,038 1,279 254,038 207,987 770 600 3,456 13,973 27,153 13,281 13,872 17,869 15,820 10,755 13,929 16,020 5,710 24,666 5,370 11,325 3,384 21,154 1,876 7,275 6,882 46,052 9,665 8,137 28,249 1,219 255,147 208,634 775 574 3,520 13,665 26,922 13,159 13,763 18,072 15,837 10,624 13,981 16,018 5,711 25,133 5,416 11,378 3,438 21,363 1,900 7,362 6,946 46,513 9,789 8,296 28,428 254,227 207,372 761 584 3,585 13,234 26,229 12,704 13,524 17,861 15,350 10,566 14,237 16,112 5,530 25,330 5,407 11,313 3,503 21,683 1,939 7,232 6,914 46,855 9,965 8,340 28,550 2,001 Earnings by place of work 12 13 14 15 16 1/ 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries....................... Employer contributions for employee pension and insurance funds.............................................. Employer contributions for government social insurance........................................................ Proprietors’ income5............................................... Farm proprietors’ income.................................... Nonfarm proprietors’ income............................... 111 Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... 23 24 2b 26 2/ 28 29 30 31 32 33 34 3b 36 3/ 38 39 40 41 42 43 44 4b 46 Mining................................................................. Utilities................................................................ Construction....................................................... Manufacturing..................................................... Durable goods................................................ Nondurable goods.......................................... Wholesale trade................................................. Retail trade......................................................... Transportation and warehousing......................... Information......................................................... Finance and insurance....................................... Real estate and rental and leasing...................... Professional and technical services.................... Management of companies and enterprises....... Administrative and waste services...................... Educational services........................................... Health care and social assistance....................... Arts, entertainment, and recreation..................... Accommodation and food services..................... Other services, except public administration....... Government and government enterprises............... Federal, civilian.................................................. Military................................................................ State and local................................................... See the footnotes at the end of the table. 886 3,265 29,777 26,396 18,413 7,983 26,594 34,254 14,060 14,707 31,226 12,707 42,868 8,316 23,047 5,541 50,752 8,877 18,494 15,684 75,813 12,944 8,371 54,498 1,201 April 2009 S u rvey of C urren t B 81 u s in e s s and Earnings by Industry, 2007:II-2008:IV1 —Continues seasonally adjusted at annual rates] Hawaii Idaho 2007 II' 2008 II' 2007 III' IV' 49,736 50,548 50,999 51,616 52,416 52,317 52,288 39,250 4,011 39,791 4,045 40,081 4,057 40,641 4,157 40,840 4,173 40,805 4,152 2,076 2,101 2,110 2,168 2,178 2,167 I' III' Line 2008 IV' I' II' III' IV 48,589 48,443 49,259 49,150 49,006 521,552 527,835 537,240 540,464 548,375 550,536 548,563 1 40,766 4,142 34,051 3,888 34,229 3,874 34,864 3,937 34,412 3,930 34,407 3,948 34,448 3,943 34,230 3,921 400,516 42,860 403,971 42,999 412,542 43,811 414,383 44,290 415,307 44,288 418,853 44,505 416,736 44,325 2 2,164 1,932 1,932 1,965 1,970 1,980 1,978 1,969 21,823 21,909 22,334 22,635 22,651 22,763 22,682 4 21,090 -1,932 359,039 97,191 71,605 1,786 21,477 -2,042 366,689 98,242 72,309 1,829 21,655 -1,969 368,124 98,313 74,028 2,035 21,637 -1,934 369,085 99,255 80,035 2,273 21,742 -1,954 372,394 100,138 78,004 3,099 21,642 -1,966 370,445 98,448 79,670 3,759 5 10 3 36,624 8,243 7,421 358 1,956 704 30,867 9,344 7,003 119 1,943 727 31,081 9,572 7,119 137 1,972 737 31,664 9,715 7,209 150 1,961 746 31,228 9,795 7,420 186 1,968 747 31,207 9,946 8,107 223 1,965 770 31,275 10,043 7,832 282 1,953 760 31,069 9,860 8,076 390 21,037 -1,950 355,707 95,133 70,712 1,754 6,945 7,063 6,883 6,983 7,059 7,234 7,884 7,550 7,686 68,958 69,818 70,481 '71,993 77,762 74,905 75,911 11 29,536 8,368 29,478 8,381 29,472 8,427 23,423 5,683 23,483 5,674 23,974 5,771 23,749 5,753 23,838 5,811 23,888 5,805 23,801 5,811 290,760 64,171 292,847 64,473 299,751 65,625 300,237 65,971 299,996 66,304 302,332 66,646 301,679 66,751 12 6,297 6,372 6,396 6,448 3,727 3,731 3,799 3,792 3,843 3,841 3,858 43,134 43,383 44,148 44,316 44,668 44,904 45,109 14 1,996 2,935 -37 2,972 1,985 2,946 -46 2,993 1,978 1,956 4,944 592 4,352 1,943 5,072 708 4,363 1,972 5,119 645 4,474 1,961 4,909 574 4,335 1,968 4,758 407 4,351 1,965 4,755 381 4,374 1,953 4,619 327 4,292 21,037 45,585 1,528 44,057 21,090 46,650 2,980 1,990 2,909 -46 2,954 21,477 47,166 2,107 45,059 21,655 48,175 2,859 45,315 21,637 49,006 3,313 45,693 21,742 49,876 3,511 46,364 21,642 48,306 2,585 45,720 15 16 17 18 213 39,868 26,886 41 56 311 3,252 994 385 609 1,189 2,528 1,643 775 1,284 981 2,458 632 1,589 570 3,418 485 3,427 1,252 12,982 2,971 4,863 5,147 177 40,464 27,092 56 60 322 3,278 1,014 389 624 1,204 2,573 1,634 760 1,302 989 2,478 625 1,612 581 3,476 477 3,388 1,265 13,372 3,044 5,068 5,260 188 40,652 27,071 58 61 326 3,209 1,025 396 629 1,213 2,565 1,539 750 1,339 984 2,516 665 1,631 591 3,514 475 3,332 1,278 13,581 3,111 5,123 5,346 180 40,625 26,831 62 63 324 3,121 1,111 1,231 32,997 27,051 428 1,168 33,696 27,584 420 251 286 3,304 4,298 3,003 1,295 1,679 2,860 1,037 558 1,528 513 3,312 643 1,277 271 3,275 302 918 850 1,103 33,309 27,059 404 249 290 2,676 4,279 2,955 1,324 1,681 2,875 1,050 580 1,547 516 3,296 653 1,278 276 3,325 311 915 858 6,250 1,148 609 4,493 941 33,466 27,070 389 256 297 2,580 4,263 2,915 1,348 1,681 2,879 1,048 604 1,515 509 3,337 684 1,272 282 3,394 303 919 860 6,396 1,198 612 4,586 919 33,529 27,159 413 244 323 2,516 4,240 2,873 1,367 1,682 2,865 1,046 608 1,542 512 3,393 690 1,266 290 3,427 310 923 869 6,370 870 33,361 26,918 406 248 330 2,436 4,127 2,786 1,341 1,663 2,770 1,046 617 1,551 495 3,418 687 1,264 292 3,479 316 903 2,038 398,478 346,240 406 3,218 3,252 23,397 53,156 32,638 20,517 25,816 2,620 409,922 356,460 421 3,295 3,366 23,206 53,254 32,861 20,393 27,330 23,151 15,882 11,889 39,230 1,210 626 4,543 639 4,595 3,378 411,005 357,025 412 3,510 3,544 23,198 53,240 32,556 20,684 26,743 21,849 15,968 11,944 40,322 8,848 48,850 12,393 17,226 6,432 36,457 3,547 10,060 12,483 53,980 8,724 3,238 42,018 3,837 411,469 356,720 421 3,653 3,573 22,817 53,904 33,326 20,578 26,929 21,965 15,880 12,030 38,492 8,845 49,426 12,036 17,070 6,493 36,724 3,641 10,140 12,681 54,750 8,768 3,343 42,639 4,039 414,814 359,621 435 3,896 3,486 23,303 53,819 32,999 20,820 27,058 21,638 15,832 12,439 37,457 8,850 50,344 12,840 17,109 6,777 37,517 3,684 10,284 12,854 55,192 8,793 3,378 43,022 3,118 413,618 357,893 429 4,014 3,555 22,461 52,783 32,396 20,387 26,746 21,085 15,809 12,301 37,602 8,578 51,027 12,810 17,106 6,846 37,999 3,714 1,201 2,614 401,357 348,584 424 3,244 3,350 23,456 53,092 32,799 20,293 25,915 21,415 15,460 11,527 37,318 9,251 47,214 12,659 16,921 6,184 35,543 3,540 9,957 12,114 52,773 8,433 3,103 41,237 1,946 1,990 1,996 1,985 1,978 0 0 0 0 0 35,239 8,026 6,471 97 35,745 8,228 6,574 115 36,024 8,325 6,650 125 36,484 8,311 6,822 147 36,666 8,363 7,387 187 36,653 8,447 7,217 272 6,374 6,459 6,525 6,675 7,200 28,337 7,947 28,758 8,066 29,005 8,104 29,446 8,287 6,013 6,121 6,157 1,935 2,965 -14 2,979 1,945 2,967 1,946 2,972 -2 -8 2,969 218 39,573 26,662 38 55 319 3,180 1,004 390 615 1,148 2,515 1,618 772 1,295 2,977 4,722 4,967 IV III' 47,773 0 12,666 II' II' 47,214 1,945 1,002 I' III' IV' II' 0 2,390 680 1,571 555 3,412 472 3,395 1,238 12,911 2,971 4,824 5,116 2007 2008 III' |V p 1,935 204 39,046 26,380 41 55 299 3,162 1,007 387 619 1,144 2,503 1,635 759 1,287 1,027 2,360 640 1,576 546 3,284 474 3,360 1,223 Illinois 1,020 399 622 1,203 2,540 1,433 737 1,310 972 2,551 663 1,616 606 3,589 481 3,268 1,271 13,794 3,177 5,206 5,411 2,868 -51 2,918 178 40,589 26,626 60 64 330 3,017 990 391 599 1,187 2,482 1,448 730 1,330 939 2,589 666 1,606 606 3,622 490 3,199 1,271 13,962 3,234 5,202 5,526 32,940 26,863 425 225 274 2,943 4,279 3,037 1,242 1,646 2,875 1,034 529 1,479 545 3,148 759 1,237 272 3,155 314 892 832 6,076 1,125 573 4,379 220 286 2,844 4,382 3,105 1,277 1,699 2,830 1,029 560 1,525 527 3,227 742 1,261 267 3,178 310 903 834 5,946 1,118 581 4,246 6,112 1,128 582 4,402 21,868 15,850 11,327 37,011 9,377 46,516 12,354 16,322 6,028 35,063 3,581 9,687 868 12,010 6,443 52,238 8,417 3,136 40,685 2,100 44,550 8,888 48,618 12,564 17,040 6,256 35,870 3,552 10,193 12,458 53,462 8,488 3,073 41,901 10,200 12,829 55,725 8,909 3,509 43,307 6 7 8 9 13 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 82 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, Indiana Line Item Iowa 2007 Ilr lllr 2008 IV' I' llr 2007 III' IV p llr III' 2008 IVr I' II' III' IV p Income by place of residence 1 Personal income (lines 2-11)...................................... 209,234 211,231 213,251 215,387 218,681 218,438 217,363 103,305 105,059 106,343 108,603 110,496 111,097 110,344 157,694 17,658 158,858 17,746 160,268 17,882 161,937 18,197 161,863 18,147 162,382 18,208 160,627 18,022 78,520 8,941 79,860 9,033 80,989 9,187 83,000 9,341 83,655 9,402 84,604 9,542 83,730 9,518 9,367 Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 4 5 6 7 8 9 10 11 Employee and self-employed contributions for government social insurance........................... Employer contributions for government social insurance........................................................ Plus: Adjustment for residence3.................................. Equals: Net earnings by place of residence................ Plus: Dividends, interest, and rent4............................. Plus: Personal current transfer receipts....................... State unemployment insurance benefits............. Personal current transfer receipts excluding state unemployment insurance benefits................... 9,414 9,488 9,678 9,657 9,689 9,592 4,760 4,802 4,883 4,980 5,018 5,091 5,080 8,291 4,522 144,558 31,993 32,683 710 8,332 4,531 145,643 32,559 33,029 688 8,394 4,644 147,029 32,847 33,375 750 8,519 4,650 148,390 32,888 34,108 836 8,490 4,689 148,405 33,276 37,000 926 8,519 4,720 148,893 33,368 36,177 1,404 8,430 4,729 147,333 33,232 36,798 1,838 4,182 985 70,564 16,597 16,143 335 4,230 993 71,821 16,935 16,303 322 4,304 1,016 72,818 17,087 16,438 324 4,361 1,019 74,677 17,127 16,798 380 4,384 1,032 75,286 17,289 17,921 429 4,451 1,031 76,092 17,503 17,502 536 4,438 1,029 75,241 17,196 17,907 704 31,973 32,341 32,625 33,272 36,074 34,772 34,961 15,808 15,981 16,114 16,418 17,492 16,966 17,204 113,618 27,565 114,250 27,759 115,425 27,950 116,362 28,262 115,934 28,246 116,645 28,327 115,639 28,166 55,473 13,031 56,063 13,186 57,186 13,401 57,637 13,491 57,982 13,569 58,994 13,773 58,949 13,800 19,273 19,427 19,555 19,743 19,756 19,808 19,736 8,850 8,956 9,097 9,130 9,185 9,322 9,362 8,291 16,511 770 15,741 8,332 16,849 1,056 15,793 8,394 16,893 996 15,897 8,519 17,312 1,477 15,835 8,490 17,683 1,690 15,993 8,519 17,409 1,425 15,984 8,430 16,822 1,183 15,639 4,182 10,016 3,072 6,945 4,230 10,611 3,548 7,063 4,304 10,402 3,260 7,141 4,361 11,872 4,778 7,094 4,384 12,104 4,952 7,152 4,451 11,837 4,593 7,244 4,438 10,980 3,906 7,074 1,123 156,571 134,987 250 918 1,411 157,447 135,436 255 943 1,776 10,085 39,696 28,885 10,811 8,364 9,819 6,555 2,548 7,082 2,448 8,626 2,400 5,396 1,897 16,837 1,881 3,906 4,923 1,352 158,916 136,887 252 950 1,759 10,131 39,803 28,690 11,113 8,551 9,881 6,690 2,595 7,231 2,405 8,846 2,517 5,501 1,905 17,076 1,842 3,974 4,977 22,029 3,373 851 17,804 1,837 160,100 137,677 215 964 1,907 10,007 40,099 28,492 11,606 8,508 9,877 6,711 2,598 7,259 2,439 9,030 2,509 5,483 1,923 17,322 1,844 3,966 5,017 22,423 3,470 877 18,076 2,053 159,810 137,283 217 997 1,862 9,990 39,510 28,214 11,296 8,578 9,910 6,725 2,613 7,068 2,434 9,075 2,515 5,455 1,961 17,484 1,835 3,997 5,056 22,527 3,514 913 18,101 1,791 160,591 137,563 227 1,036 1,864 10,045 38,767 27,545 11,223 8,697 9,881 6,674 2,648 7,223 2,379 9,193 2,589 5,478 1,551 159,076 135,949 225 1,070 1,892 9,640 37,698 26,719 10,979 8,586 9,600 6,599 2,681 7,240 2,363 9,262 2,593 5,497 2,013 18,017 1,885 4,014 5,074 23,127 3,551 969 18,606 3,666 74,854 62,248 288 167 804 4,707 14,255 8,979 5,276 4,239 5,156 3,328 1,867 6,777 893 3,546 1,108 2,044 951 7,514 629 1,772 2,205 12,606 1,527 505 10,574 4,145 75,716 62,839 298 170 808 4,801 14,549 9,231 5,317 4,324 5,177 3,106 1,840 6,834 3,856 77,132 64,070 290 170 815 4,843 14,758 9,343 5,414 4,434 5,236 3,160 1,911 7,167 5,381 77,619 64,482 289 171 843 4,753 14,915 9,231 5,684 4,557 5,305 3,156 1,926 7,137 877 3,736 1,064 2,161 5,560 78,095 64,889 293 180 892 4,829 14,809 9,175 5,634 4,552 5,307 3,138 1,953 7,261 872 3,802 1,083 2,157 1,033 7,940 639 1,871 2,277 13,207 1,563 444 5,206 79,398 65,897 309 194 859 5,073 14,980 9,301 5,678 4,628 5,381 3,155 1,928 7,354 4,525 79,206 65,625 304 198 876 5,003 14,693 9,081 5,612 4,590 5,322 3,157 1,944 7,432 858 3,907 1,119 2,169 1,080 8,130 642 1,894 2,306 13,580 1,577 471 11,533 Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries........................ Employer contributions for employee pension and insurance funds.............................................. Employer contributions for government social insurance........................................................ Proprietors' income5............................................... Farm proprietors’ income.................................... Nonfarm proprietors’ income............................... Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... 23 Mining................................................................. 24 Utilities................................................................ 25 Construction 26 Manufacturing 27 Durable goods 28 Nondurable goods.......................................... 29 Wholesale trade 30 Retail trade Transportation and warehousing......................... 31 32 Information 33 Finance and insurance........................................ 34 Real estate and rental and leasing...................... 35 Professional and technical services.................... 36 Management of companies and enterprises....... 37 Administrative and waste services...................... 38 Educational services.......................................... 39 Health care and social assistance....................... 40 Arts, entertainment, and recreation..................... 41 Accommodation and food services..................... Other services, except public administration....... 42 43 Government and government enterprises............... 44 Federal, civilian.................................................. 45 Military................................................................ State and local................................................... 46 See the footnotes at the end of the table. 1,686 10,143 40,068 28,996 11,072 8,205 9,869 6,718 2,490 6,938 2,517 8,459 2,325 5,300 1,839 16,620 1,856 3,900 4,884 21,584 3,347 845 17,392 22,011 3,369 854 17,787 2,010 17,789 1,899 4,050 5,115 23,028 3,539 944 18,544 868 866 3,621 1,106 2,115 990 7,571 642 1,794 2,225 12,877 1,531 517 10,829 3,708 1,114 2,154 1,008 7,685 644 1,832 2,277 13,062 1,520 520 11,022 1,020 7,838 655 1,852 2,229 13,137 1,556 487 11,093 11,200 886 3,886 1,117 2,200 1,075 8,024 649 1,894 2,305 13,501 1,573 455 11,472 April 2009 S u rvey of C urren t B 83 u s in e s s and Earnings by Industry, 2007:11— 2008:1V1 —Continues seasonally adjusted at annual rates] Kansas 2007 II' III' 2008 IV' I' Louisiana Kentucky II' 2007 III' IVp II' III' 2007 2008 IV' I' II' III' IV p II' III' Line 2008 IV' I' II' III' IV p 100,917 101,716 103,432 104,803 106,889 107,147 106,843 130,160 130,934 132,445 133,718 137,006 136,428 136,341 154,614 155,699 157,279 156,979 161,435 160,218 161,298 1 77,071 8,377 77,277 8,346 78,852 8,505 80,018 80,956 8,795 81,617 8,850 81,249 8,841 98,370 11,017 98,428 99,676 11,148 100,584 11,338 101,549 11,450 101,743 11,451 101,279 11,387 107,117 10,788 109,406 10,987 111,221 8,668 11,145 113,047 11,435 114,884 11,619 116,615 11,739 117,495 11,830 3 4,452 4,452 4,548 4,647 4,716 4,747 4,743 5,821 5,817 5,889 6,003 6,066 6,064 6,033 6,046 6,157 6,244 6,423 6,529 6,605 6,655 4 3,926 875 69,569 17,111 14,237 245 3,894 955 69,886 17,452 14,378 237 3,957 940 71,287 17,643 14,502 247 4,021 905 72,255 17,718 14,830 315 4,078 853 73,014 17,939 15,935 330 4,103 846 73,612 18,132 15,403 410 4,098 836 73,243 17,857 15,743 549 5,197 -2,386 84,966 19,487 25,706 425 5,195 -2,337 85,079 19,852 26,003 424 5,259 -2,380 86,147 20,038 26,259 450 5,335 -2,458 86,787 20,092 26,838 505 5,385 -2,561 87,537 20,370 29,099 554 5,387 -2,602 87,690 20,242 28,496 790 5,354 -2,616 87,276 20,375 28,689 989 4,742 -148 96,182 32,154 26,278 234 4,830 -160 98,259 30,966 26,474 187 4,902 -156 99,920 30,729 26,630 156 5,012 -165 101,447 28,422 27,110 5,134 -190 104,687 27,340 28,191 312 5,175 5 -202 6 105,463 27,455 28,380 316 7 210 5,090 -180 103,086 27,768 30,582 278 10 13,992 14,141 14,255 14,515 15,606 14,993 15,194 25,281 25,579 25,809 26,334 28,546 27,706 27,700 26,044 26,287 26,474 26,900 30,304 27,879 28,064 11 54,022 13,239 54,069 13,189 55,377 13,429 55,921 13,606 56,668 13,838 57,200 13,958 57,232 14,006 70,955 18,162 70,931 18,133 71,985 18,306 72,514 18,555 73,160 18,813 73,349 18,844 73,076 18,857 75,228 18,220 76,966 18,507 78,435 18,698 79,751 19,059 80,937 19,375 82,109 19,684 82,843 19,892 13 9,314 9,295 9,472 9,585 9,760 9,855 9,908 12,965 12,938 13,047 13,220 13,428 13,457 13,503 13,478 13,677 13,796 14,048 14,286 14,551 14,717 14 3,926 9,810 428 9,382 3,894 10,018 542 9,476 3,957 10,046 399 9,647 4,021 10,491 743 9,748 4,078 10,450 486 9,964 4,103 10,458 361 10,097 4,098 5,197 9,253 547 8,705 5,195 9,364 606 8,758 5,259 9,385 558 8,826 5,335 9,514 728 8,786 5,385 9,576 673 8,903 5,387 9,550 682 8,868 5,354 9,346 541 8,804 4,742 13,669 422 13,247 4,830 13,933 507 13,426 4,902 14,089 464 13,624 5,012 14,237 496 13,741 5,090 14,572 562 14,010 5,134 14,822 533 14,288 5,175 14,759 447 14,312 15 16 17 18 918 76,153 61,802 282 1,546 764 3,938 13,563 8,138 5,426 4,150 4,673 2,767 3,935 4,106 1,063 5,209 1,048 2,783 515 7,158 314 1,789 1,038 76,238 61,776 283 1,593 821 4,066 13,160 7,815 5,345 4,230 4,703 2,743 3,588 4,190 1,029 5,340 1,131 2,837 524 7,251 308 1,772 2,208 14,463 2,105 2,632 9,726 897 77,955 63,194 280 1,629 798 4,174 13,358 7,950 5,408 4,344 4,710 2,779 3,809 4,305 1,004 5,495 1,253 3,026 543 7,350 317 1,785 2,235 14,761 1,246 78,771 63,817 260 1,734 856 4,168 13,650 8,190 5,460 4,455 4,771 2,765 3,668 4,329 1,045 5,580 1,209 2,958 566 7,461 315 1,763 2,264 14,954 2,153 2,764 10,038 993 79,962 64,802 259 1,825 864 4,174 13,919 8,360 5,559 4,453 4,807 2,786 3,653 4,391 1,040 5,706 1,246 3,091 578 7,573 313 1,813 2,312 15,161 2,189 2,824 10,148 873 80,744 65,307 269 1,934 856 4,161 13,917 8,352 5,566 4,608 4,824 2,768 3,771 4,362 1,051 5,778 1,337 2,912 586 7,687 315 1,842 2,328 15,437 2,243 2,858 10,336 812 97,558 77,963 399 2,081 597 5,248 16,780 10,981 5,799 5,223 6,562 5,893 1,592 5,008 1,171 5,484 1,751 2,885 768 10,577 601 2,658 2,683 19,596 3,174 4,002 12,420 874 97,554 77,732 413 2,116 635 5,339 16,511 10,772 5,739 5,272 6,538 5,275 828 98,847 78,843 423 2,160 627 5,380 16,576 10,813 5,763 5,302 6,608 5,333 1,671 5,271 1,166 5,665 1,898 2,989 818 10,910 612 2,687 2,749 20,004 3,144 4,044 12,816 1,001 99,583 79,127 413 2,262 639 5,318 16,656 10,827 5,829 5,313 6,572 5,389 1,698 5,269 1,180 5,749 1,900 3,027 797 10,914 604 2,677 2,751 20,456 3,207 4,293 12,956 948 100,601 79,801 419 2,416 652 5,416 16,491 10,679 5,812 5,288 6,609 5,393 1,715 5,280 1,175 5,789 2,113 3,006 824 11,098 604 2,721 2,791 20,800 3,247 4,482 13,072 960 100,783 79,906 431 2,580 660 5,442 16,243 10,457 5,786 5,359 6,618 5,341 1,740 5,190 1,106 5,964 2,037 2,977 842 11,184 614 2,777 2,801 20,877 3,306 4,650 12,922 821 100,458 79,353 423 2,642 670 5,251 15,833 10,133 5,699 5,280 6,443 5,288 1,753 5,202 1,161 6,028 2,043 2,968 839 11,364 622 2,744 2,798 21,104 3,370 4,699 13,035 604 106,513 86,752 506 6,563 692 108,714 88,243 514 6,674 1,160 8,754 11,935 5,556 6,379 5,070 7,317 5,554 1,994 4,277 2,305 7,768 1,564 3,938 1,091 10,314 1,437 3,283 3,295 20,471 2,902 2,380 15,190 649 110,572 89,790 528 6,862 1,156 8,813 12,105 5,691 6,414 5,155 7,414 5,666 1,966 4,250 2,321 7,992 683 112,364 91,043 525 7,325 1,250 8,691 12,164 5,583 6,581 5,189 7,363 5,677 2,066 4,363 2,267 8,051 1,854 3,924 1,172 10,833 1,558 3,372 3,398 21,321 2,967 2,427 15,926 751 114,133 92,509 535 7,652 724 115,892 93,537 509 8,048 1,272 9,228 12,268 5,603 6,665 5,333 7,416 5,848 2,034 4,362 2,282 8,381 1,797 4,071 1,250 11,105 1,490 3,423 3,422 22,355 2,998 2,514 16,843 639 116,856 94,395 501 8,213 1,300 9,435 12,097 5,493 6,605 5,344 7,429 5,880 2,086 4,463 2,264 8,465 1,792 4,181 1,259 11,255 1,518 3,444 3,469 22,461 3,021 2,544 16,896 2,201 14,351 2,162 2,515 9,675 2,112 2,675 9,975 10,011 165 9,845 682 80,567 65,064 266 1,987 868 4,090 13,595 8,259 5,336 4,566 4,719 2,761 3,829 4,389 1,016 5,849 1,343 2,911 593 7,806 321 1,829 2,329 15,503 2,285 2,854 10,364 11,012 1,666 5,165 1,145 5,585 1,787 2,933 784 10,586 630 2,662 2,690 19,822 3,140 4,031 12,651 1,111 8,316 11,936 5,529 6,407 4,971 7,257 5,580 1,921 4,154 2,334 7,494 1,632 3,760 1,076 10,304 1,407 3,207 3,223 19,761 2,908 2,321 14,532 1,688 3,905 1,139 10,632 1,471 3,375 3,351 20,782 2,899 2,380 15,502 1,210 9,118 12,122 5,582 6,540 5,281 7,394 5,747 2,148 4,341 2,297 8,269 1,839 4,114 1,209 10,924 1,519 3,366 3,422 21,624 2,992 2,439 16,194 2 8 9 12 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 84 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, Maine Line Item Maryland 2007 2008 Ilr III' IV' 44,477 44,936 45,283 31,045 3,448 31,311 3,478 1,905 1,543 855 28,451 7,321 8,706 lr 2007 II' III' 2008 II' III' IV p IV' I' II' III' 45,983 46,651 46,887 46,791 259,970 262,189 265,179 267,539 271,297 272,382 272,477 31,499 3,496 32,063 3,605 32,065 3,601 32,363 3,632 32,136 3,606 181,380 20,035 181,650 20,046 184,270 20,320 185,613 20,662 186,925 20,828 188,100 20,911 188,171 20,900 1,920 1,929 1,992 1,992 2,009 1,995 10,411 10,426 10,577 10,778 10,870 10,911 10,906 1,567 870 28,872 7,515 8,896 125 1,612 879 29,338 7,550 9,095 140 1,609 877 29,341 7,676 9,634 146 1,623 875 29,607 7,796 9,484 202 1,611 870 29,399 7,713 9,678 250 9,623 26,104 187,449 43,802 28,719 494 9,620 26,815 188,420 44,748 29,021 455 9,743 26,640 190,590 45,195 29,395 565 9,884 27,424 192,375 45,124 30,040 610 9,958 27,420 193,518 45,502 32,278 678 10,000 121 1,558 850 28,683 7,449 8,804 114 27,711 194,901 46,004 31,477 965 9,993 27,914 195,185 45,118 32,174 1,193 8,584 8,690 8,770 8,955 9,488 9,282 9,428 28,225 28,566 28,829 29,430 31,600 30,512 30,982 22,245 5,360 22,444 5,404 22,620 5,425 23,085 5,530 23,050 5,554 23,308 5,601 23,181 5,609 132,112 31,352 132,329 31,294 134,557 31,615 135,518 32,064 136,461 32,412 137,356 32,612 137,496 32,791 3,816 3,846 3,858 3,918 3,946 3,978 3,998 21,728 21,675 21,872 22,180 22,454 22,612 22,798 1,543 3,440 46 3,394 1,558 3,462 62 3,400 1,567 3,454 43 3,411 1,612 3,448 1,609 3,460 82 3,378 1,623 3,454 79 3,374 1,611 3,346 64 3,282 9,623 17,916 198 17,719 9,620 18,027 242 17,785 9,743 18,098 219 17,879 9,884 18,032 205 17,826 9,958 18,052 161 17,891 10,000 9,993 17,884 117 17,767 125 30,920 24,969 380 18 260 2,030 3,750 1,890 1,860 1,346 2,739 822 657 1,778 512 1,928 531 884 472 4,633 347 1,033 849 5,951 1,351 589 4,011 142 31,168 25,155 383 19 242 2,035 3,804 1,913 1,891 1,350 2,740 817 667 1,776 495 1,976 566 908 468 4,679 332 1,042 856 6,014 1,359 593 4,062 124 31,374 25,345 390 19 242 2,037 3,878 1,938 1,940 1,342 2,737 824 682 1,787 480 2,039 483 949 470 4,732 339 1,054 861 6,029 1,359 575 4,094 170 31,893 25,820 361 24 246 1,989 3,889 1,950 1,939 1,347 2,765 826 165 31,900 25,756 370 23 247 1,963 3,953 2,009 1,944 1,337 2,781 824 682 1,824 498 2,087 566 972 473 4,885 337 1,056 882 6,143 1,404 581 4,159 163 32,200 26,029 361 23 248 1,912 3,994 2,057 1,936 1,337 2,785 819 670 1,835 502 2,264 582 987 486 4,930 348 1,060 148 31,987 25,740 356 23 253 1,850 3,913 326 181,053 138,126 125 178 3,342 14,180 11,693 6,628 5,066 7,875 10,793 4,007 5,198 372 181,278 137,863 128 178 3,282 14,042 10,915 6,452 4,463 7,979 10,708 3,993 5,232 10,754 4,379 24,556 2,219 6,705 3,148 17,778 1,561 4,604 5,703 43,416 18,995 3,766 20,655 350 183,920 140,230 127 179 3,368 13,990 11,093 6,588 4,505 7,990 10,730 4,022 5,364 11,296 4,313 24,945 2,316 7,037 3,221 18,142 1,581 4,700 5,817 43,689 18,993 3,729 20,968 338 185,275 140,601 123 187 3,528 13,839 11,321 6,660 4,661 8,031 10,590 4,036 5,472 10,905 4,335 25,318 2,328 6,925 3,258 18,494 1,469 4,646 5,797 44,674 19,548 3,884 21,242 295 186,630 141,391 125 190 3,424 13,577 11,230 6,580 4,649 8,090 10,545 4,043 5,477 10,929 4,384 25,893 2,314 7,020 3,297 18,771 1,513 4,748 5,822 45,239 19,866 3,922 21,451 IV p Income by place of residence 1 Personal income (lines 2-11)..................................... Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46) 3 Less: Contributions for government social insurance2 Employee and self-employed contributions for 4 government social insurance........................... Employer contributions for government social 5 insurance........................................................ 6 Plus: Adjustment for residence3.................................. 7 Equals: Net earnings by place of residence................ 8 Plus: Dividends, interest, and rent4............................. 9 Plus: Personal current transfer receipts....................... 10 State unemployment insurance benefits............. Personal current transfer receipts excluding state 11 unemployment insurance benefits................... Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries........................ Employer contributions for employee pension and insurance funds.............................................. Employer contributions for government social insurance........................................................ Proprietors’ income5............................................... Farm proprietors’ income.................................... Nonfarm proprietors' income.............................. 88 3,359 18,132 151 17,981 Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 Mining................................................................. Utilities.. Construction Manufacturing Durable goods Nondurable goods.......................................... Wholesale trade Retail trade Transportation and warehousing Information......................................................... Finance and insurance........... Real estate and rental and leasing...................... Professional and technical services Management of companies and enterprises....... Administrative and waste services Educational services............... Health care and social assistance Arts, entertainment, and recreation..................... Accommodation and food services Other services, except public administration....... Government and government enterprises............... Federal, civilian....................... Military.................................... State and local................................................... See the footnotes at the end of the table. 668 1,896 510 2,117 671 969 468 4,810 336 1,056 874 6,073 1,374 593 4,106 888 6,171 1,423 596 4,152 2,022 1,891 1,314 2,701 819 675 1,838 485 2,154 584 994 492 5,007 354 1,046 882 6,247 1,452 613 4,182 10,668 4,489 24,140 2,234 6,635 3,127 17,649 1,559 4,556 5,677 42,928 18,917 3,798 20,213 286 187,814 141,940 121 200 3,469 13,526 11,204 6,632 4,572 8,144 10,487 4,055 5,450 10,770 4,365 26,357 2,415 7,020 3,375 18,872 1,503 4,788 5,818 45,874 20,087 3,990 21,797 253 187,918 141,661 119 205 3,552 13,212 10,985 6,495 4,490 8,030 10,205 4,037 5,528 10,766 4,243 26,726 2,418 7,010 3,398 19,134 1,532 4,747 5,814 46,257 20,331 4,029 21,896 April 2009 S urvey of C urren t B 85 u s in e s s and Earnings by Industry, 2007:11— 2008:1V1 —Continues seasonally adjusted at annual rates] Massachusetts Michigan II' III' IV' I' II' Minnesota 2007 2008 III' IV p II' III' 2007 2008 IV' I' II' III' IV p 2007 II' III' 2008 IV' I' II' Line III' IV p 313,591 318,232 324,137 326,929 329,653 331,243 330,868 344,226 347,502 347,904 350,314 355,659 353,972 352,508 212,203 214,097 216,492 221,094 222,488 225,392 224,180 1 246,723 26,164 249,911 26,436 255,501 26,935 258,084 27,492 258,216 27,512 259,083 27,502 258,872 27,433 261,189 29,870 263,201 30,050 262,398 29,864 263,918 30,309 263,978 30,310 262,675 30,041 260,047 29,741 167,072 19,690 167,909 19,681 169,770 19,849 174,239 20,449 173,167 20,287 176,477 20,676 174,878 20,532 3 2 13,336 13,458 13,722 14,043 14,063 14,058 14,033 15,307 15,388 15,289 15,558 15,568 15,432 15,285 10,141 10,137 10,229 10,567 10,487 10,689 10,618 4 12,828 -5,575 214,984 54,847 43,759 1,358 12,979 -5,750 217,725 56,170 44,337 1,416 13,214 -5,980 222,585 56,756 44,796 1,474 13,449 - 6,022 224,570 56,577 45,782 1,547 13,449 -6,051 224,652 56,949 48,051 1,632 13,444 -6,054 225,526 57,605 48,112 2,283 13,399 -6,069 225,370 56,285 49,213 2,654 14,562 1,460 232,780 52,076 59,370 1,764 14,662 1,463 234,613 52,857 60,032 1,774 14,575 1,505 234,038 53,241 60,625 14,742 1,526 235,194 53,866 66,600 2,291 14,608 1,556 234,190 54,507 65,275 3,294 14,456 1,554 231,860 53,937 66,711 3,839 9,549 -1,425 145,957 38,823 27,422 712 9,543 -1,399 146,829 39,486 27,782 744 9,620 -1,391 148,531 39,889 28,073 783 9,882 -1,423 152,367 40,045 28,682 816 9,799 -1,365 151,515 40,560 30,413 835 9,986 -1,406 154,395 40,943 30,054 1,168 9,914 -1,377 152,968 40,457 30,755 1,415 5 1,866 14,751 1,521 235,130 53,246 61,937 2,033 10 42,401 42,921 43,321 44,235 46,420 45,829 46,559 57,606 58,257 58,759 59,904 64,308 61,981 62,872 26,710 27,038 27,290 27,865 29,578 28,885 29,340 11 183,490 38,459 185,892 38,822 190,395 39,673 192,581 40,120 192,552 40,264 193,035 40,254 192,961 40,342 187,327 44,621 188,564 45,033 187,909 44,840 188,981 45,094 188,814 45,233 187,697 44,889 186,165 44,622 124,621 27,363 124,962 27,397 126,609 27,614 129,265 28,215 128,091 28,147 130,926 28,663 130,239 28,603 12 25,630 25,843 26,459 26,671 26,815 26,810 26,942 30,059 30,370 30,265 30,343 30,491 30,281 30,166 17,814 17,853 17,994 18,332 18,347 18,677 18,689 14 12,828 24,774 -3 24,777 12,979 25,197 5 25,193 13,214 25,434 25,432 13,449 25,383 -24 25,407 13,449 25,400 -24 25,424 13,444 25,794 -32 25,827 13,399 25,569 -30 25,599 14,562 29,241 276 28,965 14,662 29,605 466 29,139 14,575 29,649 397 29,252 14,751 29,843 620 29,222 14,742 29,932 580 29,352 14,608 30,089 476 29,612 14,456 29,261 391 28,870 9,549 15,089 1,488 13,601 9,543 15,551 1,845 13,706 9,620 15,547 1,740 13,808 9,882 16,759 2,977 13,782 9,799 16,929 3,107 13,822 9,986 16,888 2,940 13,948 9,914 16,035 2,436 13,599 15 16 17 18 98 246,625 217,588 566 404 1,736 13,059 27,200 19,576 7,625 13,087 12,616 4,485 9,036 27,810 5,172 34,575 7,176 8,539 8,268 28,907 2,462 6,296 6,191 29,037 5,061 107 249,804 221,079 535 404 1,820 13,019 27,053 19,484 7,568 13,198 12,659 4,339 9,321 29,896 4,971 35,363 7,306 8,703 8,242 29,065 2,564 6,335 6,288 28,725 5,044 1,043 22,638 104 255,397 225,905 536 408 1,804 12,824 28,503 19,695 8,808 13,296 12,538 4,424 9,739 29,805 4,886 37,085 7,273 8,745 8,512 30,085 2,620 6,477 6,347 29,492 5,037 1,028 23,427 80 258,005 228,064 610 424 1,861 12,802 27,340 19,485 7,855 13,505 12,704 4,446 9,935 31,382 4,965 37,699 7,122 8,752 8,645 30,383 2,581 6,487 6,421 29,941 5,255 1,063 23,623 81 258,135 227,931 491 439 1,911 12,739 26,995 19,340 7,654 13,712 12,738 4,399 9,909 29,372 4,887 39,159 7,472 8,677 8,724 30,729 2,582 6,557 6,439 30,204 5,345 1,081 23,777 73 259,010 228,678 528 464 1,896 12,684 26,506 19,048 7,458 13,607 12,702 4,371 9,947 30,366 5,004 38,300 7,713 8,704 8,902 31,300 2,570 6,596 6,518 30,332 5,346 1,096 23,890 77 258,795 228,256 519 478 1,937 12,324 25,998 18,651 7,347 13,457 12,350 4,346 10,034 30,483 4,845 38,759 7,700 8,709 8,970 31,727 2,586 6,531 6,502 30,539 5,344 1,118 24,077 932 260,257 222,059 344 1,075 3,249 13,152 54,119 42,794 11,325 13,158 15,838 7,446 4,917 12,926 5,954 26,883 6,850 10,912 2,441 27,219 2,421 5,961 7,195 38,198 4,973 932 32,293 1,128 262,073 223,645 349 1,116 3,357 13,189 53,656 42,327 11,329 13,311 15,865 7,578 5,000 13,189 5,714 27,424 6,840 11,027 2,508 27,710 2,459 6,054 7,300 38,428 4,965 940 32,523 1,060 261,337 222,939 351 1,136 3,336 12,824 53,081 41,741 11,340 13,367 15,854 7,530 4,985 13,196 5,561 27,321 6,733 1,291 262,627 223,748 350 1,189 3,229 12,399 52,541 40,961 11,580 13,591 15,922 7,480 4,999 13,341 5,674 28,168 6,930 11,091 2,549 28,371 2,570 5,972 7,382 38,879 5,103 958 32,818 1,256 262,722 223,261 352 1,227 3,252 12,064 52,108 40,514 11,594 13,770 15,989 7,302 4,996 13,279 5,632 27,859 6,948 10,998 2,614 28,894 2,616 5,997 7,362 39,461 5,144 974 33,344 1,159 261,516 221,664 350 1,280 3,355 11,929 51,014 39,405 11,609 13,656 15,909 7,179 4,970 13,191 5,720 27,682 6,667 10,667 2,648 29,298 2,654 6,083 7,411 39,853 5,187 1,080 258,968 218,954 345 1,310 3,406 11,470 49,416 38,165 11,251 13,445 15,479 7,076 4,971 13,232 5,450 27,712 6,635 10,581 2,658 29,735 2,679 2,090 164,982 142,472 343 582 1,479 9,301 24,617 16,430 8,187 11,038 9,552 5,980 4,456 14,445 3,114 13,710 8,495 4,930 2,003 18,530 1,521 3,759 4,618 22,509 3,071 965 18,474 2,454 165,455 142,504 354 592 1,530 9,183 24,518 16,356 8,162 11,088 9,415 5,227 4,504 14,745 3,090 13,997 8,303 5,014 2,019 18,815 1,546 3,806 4,760 22,951 3,070 979 18,901 2,351 167,419 144,464 356 601 1,526 9,068 24,622 16,436 8,186 11,339 9,660 5,371 4,524 14,458 3,078 14,444 8,608 5,099 2,086 19,440 1,602 3,848 4,735 22,955 3,058 977 18,920 3,595 170,643 147,146 349 632 1,605 9,069 24,695 16,401 8,295 11,790 9,575 5,562 4,555 14,093 3,169 14,480 10,901 5,080 2,099 19,243 1,606 3,836 4,809 23,498 3,130 1,018 19,350 3,730 169,437 145,729 351 644 1,580 8,670 24,998 16,696 8,302 11,648 9,674 5,226 4,638 14,379 3,136 14,662 9,116 5,044 2,117 19,640 1,535 3,837 4,835 23,708 3,175 1,060 19,473 3,568 172,909 148,790 367 742 1,625 8,728 24,985 16,708 8,276 11,981 9,599 5,218 4,828 14,836 3,155 14,997 10,085 5,115 2,152 19,982 1,582 3,913 4,901 24,119 3,193 1,103 19,823 3,070 171,808 147,556 362 690 1,655 8,456 24,453 16,349 8,105 11,854 9,312 5,145 4,870 14,932 3,048 15,153 9,756 5,085 2,165 20,315 1,556 3,869 4,880 24,252 3,194 1,145 19,914 1,022 22,954 1 11,111 2,627 27,961 2,571 6,037 7,360 38,398 4,954 936 32,508 1,012 33,654 6,022 7,334 40,013 5,219 1,035 33,760 6 7 8 9 13 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 86 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, Mississippi Line Item Missouri 2007 2008 II' III' IV' 83,510 84,643 84,552 55,407 6,240 56,327 6,320 3,457 2,784 2,518 51,684 13,663 18,163 153 18,010 2007 2008 II' III' IV" 85,182 88,663 86,894 86,826 197,979 200,746 203,471 205,464 209,478 209,116 208,963 56,889 6,365 57,992 6,528 58,736 6,629 58,569 6,596 58,339 6,566 151,866 16,913 153,965 17,119 156,358 17,378 157,839 17,683 158,613 17,773 159,381 17,824 158,833 17,764 3,500 3,525 3,623 3,680 3,660 3,644 8,922 9,025 9,157 9,338 9,394 9,422 9,393 2,820 2,527 52,533 13,726 18,384 166 2,841 2,601 53,124 12,887 18,541 162 2,905 2,600 54,063 12,218 18,901 156 2,949 2,575 54,683 12,379 21,602 182 2,936 2,617 54,590 12,528 19,775 307 2,922 2,622 54,394 12,331 8,094 -4,670 132,176 33,528 35,042 448 8,221 365 7,992 -4,542 130,411 32,936 34,632 444 -4,699 134,281 33,832 35,357 451 8,345 -4,730 135,426 33,887 36,151 532 8,379 -4,694 136,146 34,231 39,102 589 8,402 -4,703 136,854 34,519 37,743 753 8,371 -4,687 136,382 34,092 38,489 1,018 18,218 18,378 18,744 21,420 19,469 19,736 34,189 34,594 34,906 35,619 38,513 36,990 37,471 39,076 10,144 39,727 10,288 40,192 10,359 40,830 10,552 41,407 10,734 41,303 10,733 41,177 10,759 110,514 25,966 111,945 26,317 113,924 26,674 114,820 26,969 115,332 27,177 115,995 27,321 115,806 27,400 7,361 7,468 7,519 7,647 7,785 7,798 7,837 17,974 18,223 18,453 18,624 18,798 18,919 19,029 2,784 6,187 608 5,579 2,820 6,312 680 5,632 2,841 6,337 635 5,702 2,905 6,610 2,949 6,595 740 5,855 2,936 6,533 693 5,840 2,922 6,402 653 5,750 7,992 15,386 512 14,874 8,094 15,702 705 14,998 8,221 8,345 16,050 981 15,069 8,379 16,104 962 15,142 8,402 16,065 856 15,209 8,371 15,627 692 14,935 868 825 56,064 42,433 503 991 637 3,521 8,608 5,776 2,832 2,340 4,262 2,240 828 2,117 678 2,821 776 1,551 467 5,604 474 2,303 1,712 13,631 2,268 1,827 9,536 888 849 57,490 43,092 475 1,197 717 3,575 8,272 5,482 2,790 2,367 4,168 2,271 907 862 151,004 126,804 316 650 1,242 10,050 19,755 12,505 7,249 8,669 10,080 5,883 5,209 8,945 2,435 12,682 6,357 5,379 2,627 15,290 2,049 4,308 4,878 24,200 5,005 2,290 16,905 1,056 152,909 128,198 344 577 1,295 10,132 19,677 12,558 7,120 8,841 10,104 5,898 5,447 9,198 2,406 12,877 6,412 5,464 2,698 15,512 2,123 4,290 4,904 24,711 5,004 2,335 17,372 1,335 156,503 131,326 324 570 1,349 10,141 1,319 157,294 131,680 336 530 1,346 9,912 19,731 12,089 7,642 9,265 10,335 5,871 5,666 9,472 2,405 13,537 6,890 5,804 2,831 16,249 2,044 4,429 5,028 25,614 5,219 2,483 17,912 1,216 158,165 132,260 337 548 1,415 9,948 19,797 12,219 7,578 9,201 10,341 5,861 5,772 9,469 2,413 13,760 6,684 5,908 2,892 16,257 2,079 4,473 5,106 25,905 5,248 2,584 18,073 1,055 157,778 131,607 332 562 1,441 9,706 19,386 11,940 7,446 9,080 10,038 5,835 5,845 9,492 2,359 13,919 6,670 5,910 2,916 16,494 I' II' III' IV' I' II' III' IV p Income by place of residence 1 Personal income (lines 2-11)...................................... Derivation of personal income............. 2 Earnings b y place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 4 5 6 / 8 9 10 11 Employee and self-employed contributions for government social insurance........................... Employer contributions for government social insurance........................................................ Plus: Adjustment for residence3.................................. Equals: Net earnings by place of residence................ Plus: Dividends, interest, and rent4............................. Plus: Personal current transfer receipts....................... State unemployment insurance benefits............. Personal current transfer receipts excluding state unemployment insurance benefits................... 20,101 Earnings by place of work 12 13 14 15 16 1/ 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries........................ Employer contributions for employee pension and insurance funds............................................... Employer contributions for government social insurance........................................................ Proprietors’ income5................................................ Farm proprietors’ income.................................... Nonfarm proprietors’ income............................... 866 5,744 15,759 634 15,126 Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings...................................................... 22 Forestry, fishing, related activities, and other6..... 23 24 25 26 2/ 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 4b 46 Mining................................................................. Utilities................................................................ Construction....................................................... Manufacturing..................................................... Durable goods................................................ Nondurable goods........................................... Wholesale trade................................................. Retail trade......................................................... Transportation and warehousing......................... Information......................................................... Finance and insurance........................................ Real estate and rental and leasing...................... Professional and technical services.................... Management of companies and enterprises....... Administrative and waste services...................... Educational services.......................................... Health care and social assistance....................... Arts, entertainment, and recreation..................... Accommodation and food services..................... Other services, except public administration....... Government and government enterprises............... Federal, civilian.................................................. Military................................................................ State and local................................................... See the footnotes at the end of the table. 794 54,613 41,326 510 941 636 3,297 8,474 5,619 2,855 2,327 4,232 2,229 815 2,045 677 2,685 783 1,476 449 5,433 431 2,236 1,648 13,287 2,296 1,773 9,218 55,459 41,979 502 962 648 3,401 8,551 5,699 2,853 2,340 4,252 2,220 835 2,095 668 2,733 776 1,527 459 5,584 465 2,264 1,697 13,480 2,290 1,830 9,360 1,057 56,934 43,006 498 1,046 666 3,832 8,526 5,701 2,825 2,346 4,270 2,249 867 2,143 696 2,849 771 1,543 482 5,696 454 2,358 1,715 13,928 2,327 1,929 9,672 933 57,803 43,712 498 1,106 684 4,104 8,545 5,719 2,826 2,399 4,272 2,273 886 2,152 675 2,932 841 1,600 482 5,748 438 2,314 1,761 14,091 2,344 1,978 9,770 57,681 43,395 482 1,167 702 3,614 8,468 5,642 2,826 2,404 4,298 2,269 893 2,185 694 2,927 847 1,595 494 5,851 437 2,322 1,747 14,286 2,387 2,049 9,851 2,202 674 2,962 850 1,578 503 5,903 446 2,283 1,742 14,398 2,408 2,107 9,883 984 155,374 130,587 332 724 1,300 10,250 20,062 12,741 7,322 8,981 10,202 5,912 5,559 9,317 2,362 13,258 6,790 5,674 2,739 15,760 2,018 4,362 4,986 24,787 4,978 2,335 17,474 20,000 12,537 7,463 9,048 10,253 5,897 5,906 9,608 2,416 13,304 6,730 5,733 2,772 15,910 1,996 4,373 4,996 25,177 5,115 2,439 17,624 2,102 4,427 5,094 26,171 5,314 2,676 18,181 April 2009 S u rvey of C urren t B 87 u s in e s s and Earnings by Industry, 2007:1— 1 2008:IV1—Continues seasonally adjusted at annual rates] Montana Nebraska 2007 2008 II' IV' 31,549 32,029 32,401 32,666 33,217 33,347 33,330 22,145 2,747 22,453 2,780 22,704 2,815 22,788 2,863 22,811 2,870 23,114 2,906 1,374 1,390 1,407 1,437 1,442 1,373 34 19,431 7,018 5,099 57 1,389 34 19,707 7,155 5,168 64 1,407 34 19,924 7,247 5,230 79 1,426 35 19,960 7,340 5,366 106 1,428 36 19,976 7,458 5,783 5,042 5,104 5,151 5,259 15,073 3,918 15,307 3,969 15,564 4,009 2,545 2,579 1,373 3,154 126 3,028 1,389 3,177 177 3,000 328 21,817 17,064 217 831 420 1,981 1,302 747 555 947 381 22,072 17,233 231 827 445 1,941 1,269 715 554 962 1,884 869 416 871 403 974 618 1,448 86 628 128 2,557 289 810 684 4,753 1,190 468 3,095 1,000 589 1,485 90 640 129 2,661 287 822 688 4,839 1,184 471 3,185 II' IVp III' 1,868 I' Nevada III' 2007 2008 I' II' 2007 II' III' 2008 IV' I' II' Line III' IVp IV' 63,849 64,947 65,794 66,367 67,681 67,817 67,287 100,586 102,437 104,724 104,488 104,949 105,354 104,906 1 23,067 2,904 49,589 5,483 50,406 5,521 51,172 5,609 51,571 5,648 52,197 5,749 52,594 5,805 52,078 5,775 75,444 7,782 76,587 7,866 78,584 8,041 77,829 8,026 76,866 7,923 77,349 7,931 77,001 7,884 2 1,460 1,460 2,877 2,905 2,959 2,989 3,042 3,074 3,059 3,977 4,020 4,117 4,115 4,061 4,071 4,049 4 1,444 36 20,198 7,425 5,708 168 2,606 -1,005 43,101 11,613 9,135 91 2,616 -1,018 43,867 11,849 9,231 90 2,649 -1,047 44,516 11,969 9,309 93 2,660 -1,051 44,872 12,006 9,490 102 2,706 -1,081 45,368 12,127 10,186 109 2,731 -1,091 45,698 12,257 9,862 162 2,716 -1,084 45,219 12,049 10,019 186 3,806 -621 67,041 22,670 10,875 311 3,846 -637 68,084 23,277 11,077 354 3,924 -678 69,865 23,634 11,225 381 3,911 -645 69,158 23,749 11,581 458 3,862 -612 68,331 23,977 12,641 455 3,861 -613 68,805 24,144 12,405 778 3,836 -608 68,509 23,569 12,828 984 5 102 1,446 36 20,244 7,523 5,580 125 10 5,680 5,455 5,539 9,044 9,141 9,216 9,388 10,077 9,700 9,833 10,565 10,723 10,845 11,123 12,185 11,627 11,844 11 15,708 4,060 15,735 4,087 15,982 4,137 16,005 4,159 35,067 8,083 35,505 8,160 36,311 8,292 36,242 8,309 36,838 8,472 37,331 8,548 37,201 8,554 56,744 11,823 57,614 11,995 59,287 12,290 58,570 12,246 57,715 12,175 58,012 12,236 57,780 12,229 12 2,602 2,634 2,659 2,691 2,715 5,477 5,544 5,643 5,649 5,766 5,818 5,838 8,017 8,150 8,365 8,335 8,314 8,375 8,393 14 1,407 3,131 126 3,005 1,426 3,021 37 2,984 1,428 2,988 1,444 2,903 2,606 6,439 -66 1,211 2,969 5,228 2,616 6,741 1,465 5,276 2,649 6,569 1,277 5,292 2,660 7,019 1,732 5,287 2,706 6,887 1,555 5,332 2,731 6,715 1,374 5,341 2,716 6,323 1,053 5,270 3,806 6,878 13 6,865 3,846 6,977 18 6,959 3,924 7,008 2,994 1,446 2,995 -33 3,027 6,998 3,911 7,013 37 6,976 3,862 6,976 26 6,949 3,861 7,102 18 7,083 3,836 6,993 14 6,979 15 16 17 18 330 22,374 17,527 218 858 444 1,947 1,298 738 560 981 1,938 875 426 1,009 592 1,533 96 652 132 2,705 288 834 700 4,848 1,162 466 3,219 243 22,545 17,620 205 876 463 1,864 1,305 732 572 984 1,941 862 439 1,024 588 1,550 126 642 140 2,776 286 840 710 4,925 1,191 488 3,246 22,608 17,618 208 895 454 1,765 1,308 724 585 990 1,950 860 435 1,033 584 1,578 116 659 145 2,786 281 852 717 4,990 1,216 497 3,278 177 22,937 17,882 217 953 463 1,765 1,305 719 586 1,016 1,949 875 430 1,038 590 1,595 146 22,921 17,819 214 976 473 1,725 1,272 701 571 1,005 1,891 879 434 1,047 562 1,615 1,726 47,863 39,304 207 213 1,272 3,043 5,439 2,689 2,750 2,558 3,099 3,583 1,269 3,528 583 3,129 1,534 1,556 565 5,004 281 1,058 1,381 8,559 1,366 933 6,259 1,982 48,425 39,757 1,792 49,380 40,685 2,253 49,318 40,499 224 237 1,325 3,044 5,638 2,793 2,844 2,726 3,163 3,541 1,342 3,754 558 3,469 1,399 1,544 588 5,185 284 1,078 1,401 8,818 1,364 948 6,507 2,080 50,117 41,202 218 247 1,349 3,049 5,751 2,831 2,921 2,792 3,192 3,587 1,391 3,739 547 3,561 1,591 1,542 593 5,264 294 1,086 1,407 8,914 1,371 955 6,588 1,903 50,691 41,672 237 262 1,348 2,963 5,772 2,800 2,972 2,836 3,193 3,532 1,338 3,826 563 3,645 1,810 1,575 595 5,351 292 1,107 1,427 9,019 1,385 961 6,674 1,587 50,491 41,393 234 270 1,381 2,939 5,656 2,746 2,910 2,786 3,121 3,522 1,357 3,837 546 3,659 1,671 1,565 607 5,418 297 1,098 1,429 9,098 1,402 970 6,726 92 75,353 64,407 28 1,228 526 9,366 3,405 2,426 980 2,917 5,299 2,480 1,215 3,806 2,279 5,593 2,350 3,046 298 5,368 1,438 12,029 1,736 10,946 1,591 1,065 8,290 97 76,490 65,393 31 1,183 527 9,408 3,367 2,385 982 2,990 5,267 2,478 1,240 3,851 2,242 5,602 2,805 3,048 311 5,478 1,458 12,370 1,737 11,097 1,577 1,085 8,434 89 78,495 67,302 44 1,335 542 9,538 3,566 2,587 979 3,003 5,272 2,620 1,306 3,803 2,153 5,640 3,893 3,072 316 5,533 1,421 12,455 1,790 11,193 1,565 1,093 8,534 117 77,712 107 76,759 65,127 51 1,291 564 9,056 3,509 2,517 991 3,044 5,262 2,670 1,248 3,804 2,115 5,704 2,389 3,040 339 5,678 1,443 12,132 1,789 11,631 1,644 1,179 8,809 99 77,250 65,360 50 1,303 550 9,025 3,440 2,473 968 3,059 5,203 2,713 1,261 3,892 2,114 5,733 2,690 3,025 351 5,731 1,416 96 76,906 64,998 49 1,328 560 8,725 3,367 2,426 941 3,026 5,063 2,732 1,259 3,934 2,034 5,795 2,729 3,064 358 5,817 1,429 11,943 1,787 11,908 1,677 1,241 8,990 202 122 122 661 147 2,861 294 870 733 5,055 1,234 500 3,321 665 149 2,898 298 866 729 5,102 1,268 501 3,333 221 215 1,265 3,176 5,447 2,665 2,782 2,582 3,101 3,571 1,336 3,596 549 3,239 1,605 1,557 569 5,013 288 1,061 1,366 8,668 1,350 933 6,385 222 220 1,255 3,084 5,553 2,769 2,784 2,742 3,157 3,569 1,917 3,625 548 3,387 1,456 1,492 581 5,112 286 1,081 1,399 8,695 1,328 921 6,446 III' IV p III' -6 II' 10 66,201 45 1,231 555 9,307 3,516 2,531 985 2,995 5,299 2,648 1,263 3,964 2,153 5,607 3,003 3,070 325 5,618 1,442 12,368 1,792 11,511 1,611 1,154 8,746 12,012 1,791 11,889 1,662 1,233 8,994 3 6 7 8 9 13 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 88 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, New Hampshire Line New Jersey 2007 Item 2007 2008 2008 IV p Ilr III' IV' I' II' III' IV p 54,662 54,775 55,374 55,991 56,475 56,596 56,363 425,582 429,210 434,791 440,474 441,382 443,904 442,702 39,994 4,432 39,678 4,388 40,061 4,428 40,657 4,554 40,669 4,554 40,788 4,562 40,532 4,538 302,718 34,808 303,109 34,892 307,438 35,390 312,888 36,402 310,229 36,045 312,297 36,190 311,666 36,119 2,438 2,412 2,435 2,508 2,509 2,514 2,502 18,197 18,129 18,325 18,897 18,719 18,795 18,764 1,994 4,436 39,998 8,265 6,399 98 1,975 4,579 39,869 8,434 6,471 99 1,994 4,707 40,339 8,504 6,531 103 2,046 4,742 40,845 8,480 6,666 112 2,044 4,749 40,864 8,551 7,061 138 2,048 4,760 40,985 8,667 6,944 167 2,036 4,772 40,766 8,509 7,087 211 16,611 37,953 305,863 67,744 51,976 1,782 16,763 39,128 307,344 69,256 52,610 1,893 17,065 39,754 311,802 69,950 53,039 1,920 17,504 40,173 316,660 69,729 54,086 2,046 17,327 40,175 314,359 69,653 57,371 2,182 17,395 40,823 316,931 69,926 57,046 3,357 17,355 40,580 316,127 68,158 58,418 4,007 6,301 6,373 6,428 6,554 6,923 6,776 6,876 50,193 50,717 51,120 52,040 55,189 53,690 54,411 28,973 6,182 28,689 6,135 29,029 6,190 29,549 6,317 29,525 6,330 29,666 6,333 29,560 6,320 220,974 46,257 221,015 46,196 224,411 46,779 228,715 47,783 226,203 47,416 227,768 47,633 227,712 47,731 4,188 4,160 4,197 4,271 4,286 4,285 4,283 29,646 29,433 29,714 30,278 30,090 30,238 30,376 1,994 4,840 4 4,836 1,975 4,854 7 4,847 1,994 4,842 5 4,837 2,046 4,790 3 4,787 2,044 4,813 2,048 4,790 2,036 4,653 1 -1 -2 4,812 4,791 4,655 16,611 35,487 39 35,448 16,763 35,898 54 35,844 17,065 36,247 41 36,206 17,504 36,391 35 36,356 17,327 36,609 38 36,571 17,395 36,897 17 36,880 17,355 36,223 26 36,197 40 39,954 35,157 123 59 362 2,585 6,292 4,880 1,411 2,532 3,612 713 43 39,635 34,727 41 40,020 35,094 132 57 362 2,453 6,386 4,946 1,439 2,527 3,600 713 1,134 2,739 735 3,652 691 1,534 1,024 4,605 397 1,178 1,173 4,925 808 162 3,956 40 40,617 35,613 115 64 365 2,446 6,481 5,027 1,454 2,560 3,631 708 1,166 2,991 749 3,728 713 1,412 1,033 4,714 387 1,175 1,174 5,003 801 167 4,035 38 40,631 35,546 117 54 377 2,435 6,312 4,849 1,462 2,576 3,616 713 1,237 2,887 759 3,758 737 1,441 1,043 4,734 389 1,177 1,186 5,084 809 171 4,105 36 40,752 35,665 118 58 358 2,304 6,193 4,741 1,452 2,575 3,626 710 1,236 2,903 810 3,855 790 1,438 1,051 4,860 396 1,184 36 40,497 35,398 116 60 365 2,242 6,038 4,637 1,401 2,546 3,521 705 1,233 2,910 747 3,899 784 1,438 1,073 4,936 401 1,179 1,206 5,098 813 172 4,113 226 302,492 258,047 134 308 2,272 15,846 32,702 12,570 20,132 21,490 19,291 10,640 12,462 27,627 7,121 36,082 9,405 11,842 3,675 29,217 2,477 7,807 7,649 44,445 6,495 1,347 36,603 244 302,865 259,451 137 313 2,261 15,992 31,971 12,330 19,641 21,745 19,374 10,629 12,734 27,877 6,851 36,572 9,570 11,957 3,733 29,611 2,515 7,813 7,795 43,414 6,284 1,365 35,765 233 307,205 263,193 138 322 2,346 15,874 32,425 12,735 19,690 22,251 19,556 10,765 12,929 28,397 6,665 37,425 10,074 12,008 3,802 29,943 2,622 7,920 7,730 44,012 6,230 1,346 36,436 228 312,660 267,794 138 340 2,278 15,768 33,277 12,832 20,445 22,404 19,326 10,845 13,223 29,430 6,865 38,370 10,509 12,124 3,835 30,367 2,658 7,979 8,059 44,866 6,304 1,399 37,163 233 309,996 264,336 138 347 2,307 15,398 32,485 12,757 19,728 22,441 19,230 10,749 12,650 28,743 6,621 38,283 9,574 12,170 3,906 30,724 2,652 7,945 7,973 45,660 6,394 1,413 37,853 214 312,083 266,739 142 367 2,229 15,291 32,772 12,721 20,051 22,473 19,201 10,649 12,583 28,895 6,838 39,198 10,106 12,137 3,985 31,190 2,683 7,969 8,030 45,345 6,442 1,425 37,478 224 311,442 265,866 139 377 2,270 14,976 32,008 12,372 19,636 22,193 18,672 10,585 12,752 28,914 6,643 39,744 10,145 12,113 4,014 31,667 2,750 7,914 7,990 45,576 6,438 1,461 37,677 II' III' IV' I' II' III' Income by place of residence 1 Personal income (lines 2-11)...................................... Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 4 5 6 7 8 9 10 11 Employee and self-employed contributions for government social insurance........................... Employer contributions for government social insurance........................................................ Plus: Adjustment for residence3.................................. Equals: Net earnings by place of residence................ Plus: Dividends, interest, and rent4............................. Plus: Personal current transfer receipts....................... State unemployment insurance benefits............. Personal current transfer receipts excluding state unemployment insurance benefits................... Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries........................ Employer contributions for employee pension and insurance funds............................................... Employer contributions for government social insurance........................................................ Proprietors’ income5................................................ Farm proprietors' income.................................... Nonfarm proprietors’ income............................... Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... 23 24 25 26 21 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 Mining................................................................. Utilities................................................................ Construction....................................................... Manufacturing..................................................... Durable goods................................................ Nondurable goods.......................................... Wholesale trade................................................. Retail trade......................................................... Transportation and warehousing......................... Information......................................................... Finance and insurance........................................ Real estate and rental and leasing...................... Professional and technical services.................... Management of companies and enterprises....... Administrative and waste services...................... Educational services.......................................... Health care and social assistance....................... Arts, entertainment, and recreation..................... Accommodation and food services..................... Other services, except public administration....... Government and government enterprises............... Federal, civilian.................................................. Military................................................................ State and local................................................... See the footnotes at the end of the table. 1,100 2,792 768 3,432 1,189 1,403 1,021 4,465 382 1,175 1,152 4,797 792 160 3,845 122 60 382 2,552 6,213 4,803 1,410 2,520 3,614 694 1,094 2,738 673 3,478 893 1,454 995 4,526 391 1,171 1,160 4,908 796 162 3,950 1,202 5,087 813 175 4,099 April 2009 S urvey of C urren t B 89 u s in e s s and Earnings by Industry, 2007:11— 2008:1V1—Continues seasonally adjusted at annual rates] New Mexico New York 2008 II' III' I' IV ' III' II' North Carolina 2007 IV p II' III' 2007 2008 IV' I’ II' III' IV p 2007 II' III' 2008 IV' I' II' Line III' IVP 59,818 60,866 61,489 62,524 64,095 63,997 64,103 887,330 904,576 917,857 929,685 936,957 942,537 938,861 302,746 306,404 310,326 312,387 319,744 319,474 318,847 1 43,755 4,714 44,523 4,780 44,985 4,833 45,762 4,957 45,924 4,993 46,357 5,023 46,302 5,014 713,258 74,820 727,032 75,660 738,994 76,504 751,485 78,486 748,611 78,238 758,087 78,949 755,705 78,515 229,362 26,530 231,263 26,711 234,297 27,029 235,585 27,442 236,834 27,626 238,544 27,767 237,417 27,634 2 2,520 2,553 2,577 2,651 2,671 2,688 2,684 37,803 38,334 38,758 39,879 39,654 40,065 39,832 13,836 13,904 14,058 14,304 14,407 14,479 14,412 4 2,194 328 39,369 9,345 11,103 124 2,227 333 40,077 9,523 11,266 136 2,256 340 40,492 9,608 11,389 143 2,306 342 41,147 9,705 11,672 160 2,322 343 41,273 9,897 12,925 169 2,334 349 41,683 10,083 12,231 226 2,331 355 41,643 9,970 12,490 282 37,017 -47,058 591,380 151,710 144,240 2,093 37,325 -48,538 602,834 155,927 145,816 38,608 -50,264 622,736 157,172 149,777 2,453 38,584 -49,778 620,595 157,189 159,172 2,488 38,884 -50,694 628,444 158,240 155,853 3,876 38,684 -50,363 626,826 153,432 158,603 4,611 12,694 - 1,212 201,620 50,477 50,649 596 12,806 -1,207 203,345 51,563 51,496 731 12,972 -1,246 206,022 52,084 52,220 909 13,138 -1,255 206,888 52,167 53,332 771 13,219 -1,264 207,944 52,877 58,922 1,075 13,288 -1,265 209,512 53,680 56,281 1,432 13,221 -1,249 208,534 52,802 57,511 1,696 5 2,200 37,746 -49,466 613,023 157,828 147,005 2,260 10 10,979 11,130 11,247 11,512 12,756 12,004 12,208 142,147 143,615 144,745 147,324 156,684 151,977 153,992 50,053 50,764 51,311 52,560 57,847 54,850 55,815 11 31,625 7,724 32,171 7,900 32,636 7,943 33,175 8,085 33,377 8,166 33,685 8,248 33,677 8,296 517,895 108,811 528,461 109,912 537,481 111,141 546,555 113,251 542,637 113,682 549,807 114,455 547,377 114,546 169,265 40,275 170,725 40,582 173,364 41,071 174,348 41,536 175,324 41,979 176,702 42,286 176,137 42,378 12 5,530 5,672 5,687 5,779 5,844 5,913 5,965 71,794 72,587 73,395 74,643 75,098 75,570 75,862 27,580 27,776 28,099 28,398 28,760 28,999 29,156 14 2,194 4,406 399 4,007 2,227 4,452 405 4,047 2,256 4,406 313 4,093 2,306 4,502 384 4,118 2,322 4,380 2,334 4,425 194 4,231 2,331 4,330 159 4,171 37,017 86,551 680 85,871 37,325 88,658 766 87,892 37,746 90,372 713 89,659 38,608 91,680 664 91,016 38,584 92,292 581 91,711 38,884 93,825 572 93,253 38,684 93,781 466 93,315 12,694 19,823 1,312 18,511 12,806 19,956 1,436 18,520 12,972 19,862 1,315 18,547 13,138 19,701 1,315 18,386 13,219 19,531 1,064 18,467 13,288 19,556 1,048 18,508 13,221 18,903 848 18,055 15 16 17 18 654 43,101 31,764 124 1,922 367 3,003 2,641 1,971 670 1,433 3,193 1,239 822 1,553 719 5,115 348 1,682 353 4,267 304 1,461 1,218 11,337 2,897 1,149 7,291 662 43,860 32,030 129 1,957 414 3,089 2,689 2,019 670 1,456 3,175 1,249 880 1,595 703 4,868 357 1,717 365 4,356 307 1,484 1,240 11,830 2,904 1,131 7,795 571 44,414 32,778 645 45,117 33,218 163 2,092 457 3,270 2,607 1,912 694 1,499 3,263 1,233 940 1,634 690 5,282 320 1,753 375 4,543 303 1,513 1,282 11,898 2,984 483 45,440 33,445 137 2,223 462 3,230 2,615 1,916 699 1,506 3,293 1,250 956 1,617 700 5,188 351 1,774 387 4,588 320 1,536 1,312 11,996 3,022 1,088 7,885 460 45,897 33,538 130 2,334 436 3,156 2,550 1,861 427 45,875 33,395 127 2,404 444 3,096 2,442 1,786 656 1,479 3,164 1,275 968 1,642 684 5,165 356 1,788 396 4,802 310 1,516 1,336 12,481 3,092 1,143 8,246 1,104 712,153 609,111 1,197 725,835 623,608 1,153 2,035 6,644 28,691 46,050 26,240 19,810 31,626 34,489 14,297 42,396 145,005 15,979 82,858 21,259 22,383 15,478 69,729 9,467 16,159 17,910 102,226 11,728 3,563 86,936 1,146 737,848 634,314 1,262 2,106 6,418 29,546 46,455 26,625 19,830 32,296 34,879 14,513 43,092 146,787 16,253 85,592 21,237 22,920 15,782 70,870 9,670 16,443 18,194 103,534 11,708 3,513 88,314 1,102 1,023 747,588 639,043 1,335 2,388 6,926 29,922 47,076 27,054 1,018 757,069 649,476 1,283 2,557 6,579 30,441 46,572 26,568 20,004 32,697 35,401 14,661 45,106 148,843 16,438 88,595 21,109 23,373 16,622 73,342 10,028 16,961 18,868 107,593 916 754,789 646,356 1,259 2,615 6,680 30,099 45,730 26,400 19,330 32,220 34,452 14,475 45,405 147,403 16,117 89,288 21,261 23,244 16,434 74,085 10,013 16,682 18,894 108,432 12,164 4,017 92,251 2,066 227,296 181,857 669 438 1,536 15,042 34,960 19,437 15,523 12,759 15,569 6,443 5,908 14,258 3,991 16,573 6,649 8,362 2,892 21,124 2,145 6,126 6,414 45,439 5,583 10,246 29,609 2,199 229,064 182,825 681 400 1,425 14,985 34,718 19,585 15,133 12,963 15,600 6,382 5,968 14,641 3,888 16,983 6,913 8,308 2,932 21,320 2,080 232,217 185,398 664 367 1,533 14,840 35,106 19,598 15,508 13,201 15,732 6,484 6,094 14,657 3,814 17,341 7,227 8,551 3,093 21,725 2,194 6,255 6,523 46,819 5,679 10,498 30,642 2,089 233,496 185,826 654 357 1,528 14,362 35,047 19,479 15,568 12,985 15,630 6,577 6,313 14,412 3,849 17,513 7,384 8,729 3,076 22,440 2,204 6,282 6,486 47,670 5,822 11,056 30,792 1,845 234,989 186,558 648 361 1,534 14,033 34,876 19,493 15,384 13,292 15,594 6,474 6,315 14,867 3,855 17,798 7,579 8,674 3,135 22,493 2,216 6,306 6,508 48,431 5,883 11,354 31,194 1,835 236,709 187,147 658 392 1,569 13,663 34,387 19,149 15,238 13,325 15,525 6,469 6,279 15,077 3,861 18,066 7,902 8,741 3,196 22,814 2,259 6,410 6,553 49,563 5,975 11,693 31,895 1,642 235,776 185,699 648 399 1,605 13,344 33,573 18,601 14,972 13,138 15,024 6,425 6,372 15,138 3,745 18,219 7,881 8,658 3,236 23,153 2,277 6,354 6,509 50,077 6,055 11,987 32,035 121 1,998 433 3,154 2,664 1,954 710 1,480 3,260 1,266 928 1,712 695 5,054 379 1,747 369 4,425 307 1,522 1,264 11,636 2,907 1,083 7,646 1,102 7,811 220 4,160 688 1,507 3,259 1,270 964 1,634 708 5,152 360 1,786 397 4,711 301 1,550 1,334 12,359 3,051 1,099 8,210 1,210 2,010 6,371 28,377 46,103 26,132 19,971 32,743 34,328 15,061 41,840 134,659 16,691 80,701 20,013 21,934 15,146 69,122 9,276 15,902 17,626 103,043 11,789 3,513 87,741 750,383 644,178 1,321 2,266 6,505 29,905 46,414 26,520 19,895 32,456 35,096 14,784 44,411 151,423 16,166 86,868 20,696 23,448 16,006 71,428 9,424 16,535 19,024 106,206 11,948 3,649 90,609 20,021 32,363 35,377 14,537 44,913 142,505 16,061 87,732 20,729 23,263 16,354 72,455 9,762 16,694 18,651 108,546 12,058 3,754 92,734 12,121 3,902 91,570 2,121 6,169 6,429 46,239 5,640 10,369 30,229 3 6 7 8 9 13 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 90 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, North Dakota Line Item Ohio 2007 2007 2008 2008 II' III' IV' I' II' III 1 IVp 22,636 23,265 23,697 24,567 25,291 25,744 25,293 393,235 396,709 399,133 403,096 409,820 409,427 409,154 18,347 2,071 18,937 2,112 19,407 2,174 20,277 2,241 20,784 2,278 21,373 2,334 20,957 2,353 298,113 32,324 299,886 32,399 301,167 32,470 304,401 33,066 305,368 33,177 306,704 33,269 305,740 33,097 1,056 1,075 1,106 1,143 1,162 1,190 1,200 16,143 16,201 16,231 16,592 16,655 16,712 16,641 1,015 -696 15,579 3,604 3,453 50 1,037 -718 16,108 3,673 3,484 45 1,068 -752 16,481 3,705 3,511 44 1,098 -783 17,254 3,735 3,578 47 1,116 -804 17,702 3,775 3,814 51 1,144 -829 18,210 3,820 3,714 16,181 -1,769 264,019 60,287 68,929 68 1,153 -844 17,760 3,759 3,775 79 1,111 16,198 -1,767 265,720 61,322 69,667 1,127 16,239 -1,744 266,954 61,831 70,349 1,253 16,475 -1,750 269,585 61,809 71,703 1,339 16,522 -1,731 270,459 62,351 77,010 1,482 16,557 -1,721 271,714 61,763 75,950 2,052 16,456 -1,710 270,933 62,074 76,147 2,486 3,403 3,439 3,467 3,531 3,763 3,646 3,696 67,818 68,540 69,096 70,364 75,529 73,898 73,661 12,234 3,040 12,477 3,107 12,878 3,185 13,157 3,258 13,361 3,314 13,721 3,383 13,854 3,426 219,544 50,784 220,651 51,068 221,740 51,089 224,016 51,841 224,531 52,101 225,930 52,330 225,292 52,337 2,025 2,070 2,116 2,160 2,198 2,239 2,273 34,603 34,870 34,850 35,367 35,579 35,773 35,881 1,015 3,073 1,384 1,689 1,037 3,354 1,654 1,699 1,068 3,344 1,617 1,728 1,098 3,862 2,139 1,723 1,116 4,109 2,359 1,750 1,144 4,269 2,492 1,777 1,153 3,677 1,941 1,736 16,181 27,784 531 27,253 16,198 28,167 742 27,425 16,239 28,339 700 27,639 16,475 28,543 27,542 16,522 28,736 1,030 27,706 16,557 28,444 865 27,580 16,456 28,112 726 27,386 1,555 16,792 12,938 1,829 17,108 13,196 108 494 403 1,135 1,543 1,793 17,614 13,678 109 543 409 1,235 1,607 1,053 554 1,193 1,300 750 481 932 216 853 291 384 91 2,213 79 465 527 3,936 791 755 2,390 2,317 17,960 13,958 106 594 425 1,229 1,637 1,071 566 2,539 18,245 14,189 2,673 18,700 14,590 114 704 424 1,396 1,640 1,062 579 1,284 1,329 818 494 987 237 907 297 394 105 2,353 83 482 542 4,110 821 786 2,503 2,124 18,833 14,680 1,039 297,074 251,632 268 1,742 2,408 15,660 55,445 38,832 16,613 16,815 18,586 11,252 6,047 17,665 4,814 23,261 11,084 11,179 3,379 33,435 2,485 7,386 8,721 45,442 7,492 1,906 36,044 1,253 298,634 252,479 268 1,671 2,436 15,514 54,960 38,454 16,506 17,068 18,489 11,226 6,057 18,244 4,710 23,523 10,956 11,377 3,450 33,924 2,529 7,387 8,690 46,155 7,511 1,913 36,732 1,518 302,883 255,517 271 1,816 2,706 15,160 54,655 38,074 16,581 17,321 18,743 11,446 6,196 18,124 4,641 24,456 11,299 11,681 3,556 34,779 2,519 7,420 8,728 47,366 7,833 1,970 37,563 1,551 303,817 256,414 267 1,916 2,515 14,744 54,698 38,299 16,399 17,532 18,675 11,467 6,263 17,844 4,620 24,711 11,854 11,637 3,605 35,143 2,667 7,473 8,784 47,402 7,940 1,978 37,484 1,390 305,314 257,147 273 1,959 2,610 14,712 54,269 37,875 16,394 17,732 18,570 11,461 6,294 17,770 4,377 25,166 12,132 11,607 3,696 35,630 2,571 7,512 8,807 48,166 1,256 304,485 255,954 269 2,036 2,663 14,350 52,999 36,924 16,076 17,547 18,139 11,356 6,347 17,900 4,484 25,430 12,073 11,634 3,718 36,121 2,619 7,492 8,774 48,531 8,090 2,087 38,354 II' III' IV' I' II' III' IVp Income by place of residence 1 Personal income (lines 2-11)...................................... Derivation of personal income............. 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2. Employee and self-employed contributions for 4 government social insurance.......................... Employer contributions for government social insurance........................................................ 5 6 Plus: Adjustment for residence3.................................. 7 Equals: Net earnings by place of residence................ 8 Plus: Dividends, interest, and rent4............................. 9 Plus: Personal current transfer receipts....................... State unemployment insurance benefits............. 10 Personal current transfer receipts excluding state 11 unemployment insurance benefits................... Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries....................... Employer contributions for employee pension and insurance funds.............................................. Employer contributions for government social insurance........................................................ Proprietors’ income5............................................... Farm proprietors’ income.................................... Nonfarm proprietors’ income............................... 1,001 Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 Mining................................................................. Utilities................................................................ Construction....................................................... Manufacturing..................................................... Durable goods................................................ Nondurable goods.......................................... Wholesale trade................................................. Retail trade......................................................... Transportation and warehousing......................... Information......................................................... Finance and insurance....................................... Real estate and rental and leasing...................... Professional and technical services.................... Management of companies and enterprises....... Administrative and waste services...................... Educational services.......................................... Health care and social assistance....................... Arts, entertainment, and recreation..................... Accommodation and food services..................... Other services, except public administration....... Government and government enterprises............... Federal, civilian................................................... Military................................................................ State and local................................................... See the footnotes at the end of the table. 102 485 394 1,089 1,508 957 551 1,114 1,245 725 475 876 219 801 283 368 93 2,138 77 444 503 3,853 790 750 2,313 1,000 543 1,148 1,265 736 494 917 214 820 294 373 96 2,122 78 446 510 3,912 790 761 2,361 1,222 1,307 783 468 959 222 864 296 385 101 2,286 80 469 525 4,002 805 782 2,415 111 650 424 1,270 1,626 1,046 579 1,251 1,326 792 482 962 228 891 304 372 99 2,317 81 472 532 4,057 819 785 2,453 112 728 433 1,422 1,621 1,060 561 1,280 1,305 832 499 992 226 933 298 400 107 2,380 86 480 544 4,153 843 793 2,517 1,211 299,956 254,212 271 1,750 2,443 15,406 54,510 38,364 16,145 17,198 18,557 11,387 6,202 18,101 4,613 24,288 11,318 11,538 3,497 34,346 2,509 7,468 8,811 45,744 7,559 1,896 36,289 8,021 2,028 38,117 April 2009 S urvey of C urren t B 91 u s in e s s and Earnings by Industry, 2007:II-2008:IV1 —Continues seasonally adjusted at annual rates] Oklahoma Oregon 2007 II' III' 2008 IV' I' II' Pennsylvania 2007 III' IV p II' III' 2007 2008 IV' I' II' III' IV p II' III' Line 2008 IV' I' II' III' IV p 125,060 127,501 129,420 131,004 135,059 135,696 135,840 130,286 132,241 133,849 134,502 136,818 137,090 136,698 478,084 484,140 489,465 493,781 502,725 504,169 504,225 1 91,284 9,476 93,231 9,734 94,746 9,889 95,888 97,768 10,319 99,382 10,469 99,549 10,549 98,055 11,991 99,304 12,105 100,534 12,227 100,651 12,376 101,131 12,442 101,311 12,437 100,480 12,314 352,355 41,116 356,547 41,553 360,726 41,947 363,638 42,660 367,263 43,132 369,141 43,241 368,190 43,131 2 10,112 4,985 5,125 5,210 5,341 5,450 5,527 5,568 5,884 5,945 6,008 6,098 6,136 6,135 6,079 21,207 21,447 21,662 22,085 22,344 22,402 22,354 4 4,490 1,191 83,000 21,030 21,031 161 4,609 1,187 84,684 21,493 21,324 174 4,679 1,257 86,115 21,775 21,530 165 4,772 1,229 87,004 21,972 22,028 172 4,869 1,233 88,681 22,285 24,093 197 4,943 1,234 90,147 22,502 23,047 292 4,980 1,229 90,229 22,129 23,482 347 6,107 -2,477 83,587 26,761 19,938 500 6,160 -2,490 84,709 27,322 543 6,219 -2,523 85,785 27,647 20,418 574 6,278 -2,568 85,708 27,849 20,945 698 6,306 -2,583 86,107 28,334 22,377 746 6,301 -2,552 86,322 28,729 22,038 1,069 6,235 -2,529 85,637 28,333 22,728 1,443 19,909 4,690 315,929 75,995 86,159 2,163 20,106 4,566 319,559 77,353 87,229 2,268 20,285 4,642 323,421 78,047 87,997 2,295 20,575 4,796 325,774 78,072 89,935 2,539 20,788 4,537 328,668 78,684 95,372 2,725 20,839 4,608 330,509 79,287 94,373 3,882 20,777 4,600 329,658 78,141 96,426 4,681 10 20,870 21,150 21,365 21,856 23,896 22,755 23,135 19,438 19,667 19,844 20,247 21,631 20,969 21,285 83,996 84,960 85,702 87,396 92,647 90,492 91,745 11 57,588 14,920 59,023 15,224 60,028 15,371 60,820 15,625 61,965 15,937 63,017 16,165 63,583 16,355 71,050 16,706 71,964 16,896 72,993 17,104 73,221 17,239 73,563 17,361 73,766 17,385 73,185 17,294 253,139 57,309 256,344 57,912 259,686 58,398 261,662 59,041 264,318 59,756 265,758 59,978 265,555 60,105 13 10,430 10,615 10,692 10,854 11,067 11,222 11,374 10,599 10,736 10,884 10,961 11,055 11,084 11,059 37,400 37,806 38,113 38,466 38,968 39,139 39,327 14 4,490 18,776 248 18,528 4,609 18,984 288 18,696 4,679 19,347 172 19,174 4,772 19,442 -239 19,682 4,869 19,865 -626 20,392 4,943 4,980 19,611 -570 20,182 6,107 10,300 243 10,056 6,160 10,444 351 10,093 6,219 10,437 293 10,145 6,278 10,191 163 10,028 6,306 10,207 125 10,082 6,301 10,160 29 10,131 6,235 19,909 41,908 823 41,084 20,106 42,291 941 41,349 20,285 42,643 902 41,741 20,575 42,935 1,115 41,819 20,788 43,188 959 42,229 20,839 43,405 943 42,463 20,777 42,530 810 41,720 15 16 17 18 559 90,725 71,958 203 8,435 1,633 4,060 14,479 5,924 8,555 3,684 5,680 3,571 2,019 3,391 1,455 5,085 1,061 3,449 607 8,093 558 2,037 2,458 18,767 4,161 2,697 11,909 604 92,627 73,613 206 8,928 1,738 4,202 14,546 6,040 8,506 3,759 5,762 3,455 2,078 3,536 1,540 5,168 1,170 3,565 617 8,166 564 2,099 2,515 19,014 4,178 2,696 12,140 491 94,256 75,287 208 9,288 1,805 4,368 14,849 6,178 8,671 3,930 5,869 3,489 82 95,806 76,488 189 9,471 1,817 4,455 15,207 6,238 8,969 3,908 5,878 3,517 2,203 3,701 1,456 5,368 -240 99,789 79,802 187 11,360 1,132 96,924 81,011 1,455 228 681 6,788 14,435 11,432 3,003 6,334 6,874 3,403 2,805 4,830 1,937 6,825 2,680 3,361 998 10,557 760 3,001 3,059 15,912 2,728 545 12,640 1,248 98,056 81,837 1,472 228 723 6,802 14,292 11,297 2,995 6,458 6,936 3,398 2,879 4,941 1,913 7,004 2,718 3,398 1,016 1,191 99,343 82,939 1,449 226 721 6,738 14,797 11,780 3,017 6,394 6,903 3,412 2,936 5,031 1,844 7,187 2,932 3,444 1,047 10,940 744 3,080 3,116 16,404 2,721 550 13,134 1,071 99,580 82,841 1,384 231 737 6,513 14,834 11,793 3,041 6,417 6,910 3,418 2,988 4,942 1,853 7,292 2,745 3,474 1,056 11,061 761 3,090 3,136 16,739 2,873 568 13,298 1,041 100,090 83,175 1,372 234 725 6,344 14,625 11,549 3,076 6,608 6,871 3,447 2,980 4,904 1,844 7,391 2,889 3,474 1,076 11,320 792 3,113 3,166 16,915 2,890 575 13,450 952 100,358 83,110 1,474 240 734 6,177 14,348 11,282 3,067 6,538 6,757 3,418 3,027 4,869 1,865 7,506 2,996 3,490 1,107 11,487 760 3,129 3,188 17,249 2,905 603 13,740 1,263 351,092 305,352 467 2,705 3,755 20,722 48,431 29,229 19,203 18,764 21,758 13,210 10,348 24,570 6,483 35,116 1,388 355,159 308,850 470 2,805 3,833 20,748 48,357 29,277 19,080 18,730 21,584 13,070 10,547 25,033 6,318 35,804 13,167 11,336 9,646 45,391 3,179 8,153 10,680 46,308 9,873 1,820 34,615 1,351 359,375 313,065 469 2,835 3,895 20,726 48,632 29,430 19,203 19,004 21,801 13,206 10,705 25,723 1,569 362,069 315,353 468 2,970 4,085 20,593 49,428 29,877 19,551 19,404 21,883 13,290 11,031 25,940 6,406 36,618 12,849 11,476 9,959 46,570 3,228 1,404 367,737 320,071 479 3,232 3,976 20,206 49,508 29,961 19,547 19,896 8,201 1,417 365,846 318,736 475 3,131 4,047 20,409 49,460 30,021 19,439 19,686 21,951 13,272 11,074 26,102 6,463 37,493 13,474 11,667 10,063 47,309 3,349 8,289 10,954 46,715 10,109 1,842 34,764 47,110 10,165 1,860 35,085 1,276 366,914 318,875 472 3,323 4,050 19,767 48,309 29,259 19,050 19,685 21,347 13,059 11,240 26,200 6,189 38,405 13,216 11,582 10,411 48,738 3,490 8,297 11,095 48,039 10,514 1,951 35,574 2,111 3,622 1,460 5,330 1,118 3,675 626 8,296 521 2,145 2,576 18,969 4,171 2,651 12,147 1,110 3,747 636 8,512 547 2,168 2,597 19,317 4,276 2,706 12,335 -202 97,970 78,480 193 10,243 1,804 4,540 15,678 6,405 9,273 3,999 5,967 3,531 2,249 3,763 1,430 5,484 1,144 3,830 647 8,609 567 2,198 2,603 19,489 4,345 2,743 12,401 20,200 -598 20,799 -271 99,654 79,886 190 11,028 1,832 4,638 15,631 6,400 9,231 4,079 6,042 3,518 2,254 3,783 1,450 5,552 1,143 3,903 659 8,718 605 2,230 2,632 19,768 4,369 2,823 12,576 1,868 4,717 14,849 6,326 8,523 4,068 5,892 3,531 2,288 3,827 1,407 5,700 1,149 4,019 664 8,830 617 2,219 2,611 19,987 4,412 2,863 12,712 20,210 10,688 824 3,042 3,106 16,219 2,723 556 12,940 10,001 62 9,939 993 99,487 82,230 1,451 245 757 5,995 13,838 10,810 3,028 6,453 6,497 3,420 3,039 4,929 1,806 7,583 2,995 3,389 1,110 11,677 773 3,087 3,188 17,257 2,898 622 13,737 12,021 11,171 9,389 44,674 3,122 8,075 10,572 45,739 9,840 1,796 34,104 6,220 36,670 13,411 11,566 9,760 45,998 3,258 8,332 10,853 46,310 9,857 1,808 34,645 11,022 22,001 13,128 11,084 26,096 6,388 37,917 13,252 11,594 10,320 48,037 3,464 8,375 11,119 47,666 10,374 1,901 35,391 3 5 6 7 8 9 12 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 92 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, Rhode Island Line Item South Carolina 2007 2008 II' III' IV' 41,676 41,907 42,386 28,915 3,509 28,835 3,488 1,901 1,609 1,513 26,919 7,207 7,550 214 I' 2007 II' 2008 II' III' IV p 42,946 43,223 43,132 43,063 136,038 137,923 139,490 140,538 144,040 143,512 143,255 29,130 3,515 29,678 3,624 29,409 3,581 29,314 3,555 29,213 3,538 97,201 11,113 98,313 11,219 99,385 11,315 99,816 11,475 100,041 11,511 100,641 11,552 100,250 11,499 1,891 1,906 1,969 1,948 1,934 1,925 5,848 5,900 5,951 6,050 6,074 6,094 6,068 1,598 1,575 26,922 7,345 7,640 229 1,609 1,627 27,242 7,418 7,726 256 1,655 1,617 27,670 7,416 7,860 256 1,634 1,652 27,479 7,431 8,313 267 1,622 1,682 27,441 7,455 8,236 394 1,613 27,361 7,305 8,398 450 5,266 2,087 88,175 22,659 25,204 355 5,319 2,089 89,183 23,189 25,551 376 5,365 2,113 90,183 23,470 25,838 413 5,426 2,139 90,480 23,600 26,458 462 5,437 2,150 90,679 23,972 29,389 499 5,457 2,157 91,247 24,324 27,941 874 5,431 2,147 90,897 23,905 28,453 952 7,335 7,411 7,470 7,604 8,046 7,842 7,947 24,849 25,175 25,425 25,997 28,890 27,066 27,501 20,940 5,008 20,845 4,981 21,068 5,017 21,507 5,128 21,244 5,105 21,148 5,084 21,086 5,093 71,542 17,674 72,398 17,908 73,306 18,066 73,655 18,239 73,839 18,322 74,294 18,471 74,072 18,529 3,399 3,383 3,408 3,473 3,472 3,462 3,479 12,408 12,589 12,701 12,813 12,885 13,014 13,098 1,609 2,968 1,598 3,010 3 3,007 1,609 3,044 3 3,042 1,655 3,042 1,634 3,059 1,622 3,082 1,613 3,034 1 0 1 3,040 3,058 3,082 3,033 5,319 8,007 187 7,821 5,365 8,013 154 7,859 5,426 7,922 129 7,792 5,437 7,880 47 7,833 5,457 7,876 2 5,266 7,986 172 7,814 5,431 7,649 19 7,630 17 28,818 23,597 50 28 294 1,626 3,253 2,084 1,168 1,359 1,787 485 922 2,248 478 2,149 17 29,113 23,889 51 28 302 1,608 3,336 2,096 1,240 1,374 1,775 487 897 2,281 471 2,262 1,104 939 1,024 3,880 324 894 853 5,224 1,039 543 3,642 16 29,662 24,334 45 29 310 1,570 3,297 2,118 1,179 1,392 1,779 498 960 2,442 474 2,389 16 29,393 24,005 44 29 312 1,563 3,310 2,127 1,183 1,395 1,762 496 927 2,303 467 2,295 1,146 933 1,043 3,925 308 899 850 5,388 1,055 584 3,750 14 29,300 23,849 19 29 309 1,536 3,267 2,090 1,177 1,366 1,761 491 966 2,321 474 2,285 989 952 1,067 3,961 309 897 852 5,451 1,065 585 3,801 16 29,198 23,700 19 30 315 1,485 3,189 2,041 1,148 1,339 1,698 488 974 2,328 458 2,307 979 945 1,073 4,025 312 889 847 5,498 1,077 605 3,816 337 96,864 76,282 371 114 1,167 7,092 15,684 8,576 7,108 4,752 7,620 2,804 1,813 4,808 1,971 6,306 1,125 4,687 773 7,848 760 3,536 3,048 20,583 2,602 3,657 14,323 354 97,959 77,029 373 113 322 99,063 77,773 365 113 299 99,517 77,882 362 117 1,287 6,710 15,945 8,842 7,103 4,920 7,664 2,796 1,941 4,976 1,926 6,703 1,096 4,824 825 8,206 783 3,643 3,156 21,635 2,659 3,865 15,111 218 99,823 78,010 362 117 1,364 6,417 15,931 8,817 7,113 4,979 7,670 2,756 1,967 4,913 1,929 6,778 1,132 4,876 841 8,326 827 3,632 3,193 21,812 2,714 3,744 15,354 192 100,449 78,220 365 III' IV' I' II' III’ IV p Income by place of residence 1 Personal income (lines 2-11)...................................... Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 4 5 6 7 8 9 10 11 Employee and self-employed contributions for government social insurance........................... Employer contributions for government social insurance........................................................ Plus: Adjustment for residence3.................................. Equals: Net earnings by place of residence................ Plus: Dividends, interest, and rent4............................. Plus: Personal current transfer receipts....................... State unemployment insurance benefits............. Personal current transfer receipts excluding state unemployment insurance benefits................... 1,686 Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries........................ Employer contributions for employee pension and insurance funds.............................................. Employer contributions for government social insurance........................................................ Proprietors’ income5............................................... Farm proprietors’ income.................................... Nonfarm proprietors’ income............................... 2 2,966 20 7,856 Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... Private earnings..................................................... 21 22 Forestry, fishing, related activities, and other6..... 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 Mining................................................................. Utilities.... Construction Manufacturing..................................................... Durable goods Nondurable goods.......................................... Wholesale trade Retail trade Transportation and warehousing......................... Information......................................................... Finance and insurance....................................... Real estate and rental and leasing...................... Professional and technical services.................... Management of companies and enterprises....... Administrative and waste services...................... Educational services.......................................... Health care and social assistance....................... Arts, entertainment, and recreation..................... Accommodation and food services..................... Other services, except public administration....... Government and government enterprises............... Federal, civilian.................................................. Military................................................................ State and local................................................... See the footnotes at the end of the table. 16 28,900 23,647 50 29 291 1,658 3,321 2,118 1,203 1,358 1,790 490 875 2,303 489 2,200 1,034 916 982 3,817 318 885 841 5,253 1,049 544 3,661 1,122 921 1,007 3,829 313 884 843 5,221 1,043 544 3,634 1,221 939 1,030 3,899 314 893 854 5,328 1,053 570 3,704 1,211 1,220 6,985 15,800 8,734 7,066 4,822 7,645 2,793 1,905 4,898 1,942 6,449 1,123 4,793 802 7,947 778 3,566 3,083 20,931 2,617 3,764 14,550 6,947 15,845 8,711 7,134 4,893 7,667 2,845 1,890 5,119 1,913 6,638 1,153 4,812 812 8,019 785 3,625 3,114 21,290 2,637 3,710 14,943 121 1,325 6,213 15,963 8,858 7,105 4,991 7,654 2,733 2,007 4,984 1,900 6,920 1,151 4,825 869 8,459 830 3,682 3,227 22,229 2,765 3,958 15,506 193 100,057 77,581 359 123 1,348 6,067 15,617 8,663 6,953 4,934 7,435 2,716 2,028 4,996 1,845 7,006 1,147 4,818 877 8,577 842 3,634 3,215 22,475 2,768 4,126 15,581 April 2009 S u rvey of C urren t B 93 u s in e s s and Earnings by Industry, 2007:1— 1 2008:IV1 —Continues seasonally adjusted at annual rates] South Dakota Texas Tennessee 2007 2008 2007 2008 2007 II' III' III' IVp 30,195 30,292 29,970 204,126 206,033 209,444 210,671 214,512 214,262 213,989 877,776 890,143 905,937 21,486 2,294 21,461 2,282 21,733 2,323 21,415 2,322 160,211 17,318 161,181 17,398 164,525 17,756 165,085 18,009 164,788 17,963 166,005 18,049 165,216 17,972 721,505 69,795 730,232 70,544 1,220 1,270 1,264 1,287 1,286 9,490 9,521 9,712 9,873 9,856 9,902 9,860 36,591 990 -215 18,446 6,465 4,190 1,019 -224 18,955 6,619 4,621 28 1,037 -230 19,180 6,672 4,440 28 1,036 -230 18,863 6,582 4,525 44 7,829 -1,359 141,533 25,974 36,619 447 7,878 -1,370 142,412 26,516 37,106 483 8,043 -1,479 145,291 26,740 37,413 445 8,136 -1,402 145,674 26,729 38,268 509 8,107 -1,294 145,532 27,067 41,914 544 8,147 -1,275 146,681 27,528 40,052 832 8,111 21 1,024 -231 18,962 6,528 4,280 25 4,130 4,168 4,255 4,594 4,413 4,480 36,173 36,623 36,969 37,759 41,369 13,298 3,215 13,500 3,273 13,728 3,314 14,119 3,414 14,029 3,418 14,324 3,480 14,336 3,498 112,073 25,408 112,723 25,512 115,414 25,978 115,948 26,185 2,258 2,298 2,324 2,390 2,399 2,444 2,462 17,579 17,635 17,935 957 3,606 1,282 2,324 975 3,878 1,537 2,341 990 3,829 1,470 2,359 1,024 3,953 1,615 2,339 1,019 4,014 1,658 2,356 1,037 3,929 1,558 2,371 1,036 3,581 1,272 2,309 7,829 22,730 -374 23,104 7,878 22,945 -337 23,282 1,440 18,678 14,986 1,698 18,953 15,180 113 79 241 1,262 2,259 1,470 789 1,085 1,496 658 418 1,505 309 788 265 456 204 2,634 1,632 19,239 15,448 117 84 244 1,295 2,285 1,506 779 1,107 1,526 1,779 19,707 15,857 108 89 278 1,269 2,339 1,539 800 1,159 1,526 667 439 1,580 311 828 321 432 217 2,849 219 602 624 3,850 925 490 2,435 1,823 19,637 15,723 1,725 20,008 16,025 117 97 271 1,253 2,392 1,568 824 1,168 1,548 678 441 1,572 320 855 289 436 227 2,876 1,440 19,975 15,958 115 99 278 1,226 2,338 1,540 798 1,157 1,523 685 443 1,567 304 867 290 427 227 2,929 224 619 641 4,016 967 522 2,527 -199 160,410 137,597 362 406 397 9,390 25,390 15,516 9,874 9,497 12,099 9,436 3,451 9,409 3,299 11,084 2,091 8,204 2,421 18,737 1,779 5,055 5,088 22,813 4,662 1,083 17,067 -159 161,339 138,377 357 409 416 9,464 25,217 15,372 9,845 9,395 12,241 9,091 3,576 9,816 3,226 11,359 2,245 8,178 2,437 19,050 1,786 5,035 5,079 22,963 4,662 1,092 17,209 II' III' IV' 28,144 28,794 29,101 29,770 20,118 2,144 20,650 2,178 20,871 2,210 1,187 1,203 957 -207 17,767 6,269 4,107 27 975 18,260 6,387 4,146 16 4,081 111 74 226 1,206 2,235 1,444 791 1,069 1,479 653 436 1,518 321 758 274 447 203 2,582 219 578 596 3,691 905 452 2,334 -212 221 584 605 3,772 909 463 2,401 I' 668 438 1,494 306 810 276 460 213 2,677 227 602 621 3,791 904 464 2,423 II' 110 93 255 1,245 2,348 1,544 804 1,155 1,528 675 431 1,542 311 861 295 432 220 2,765 218 610 628 3,914 943 501 2,471 221 626 642 3,983 950 512 2,521 II' III' IV' I' II' Line 2008 II' III' IV p 920,625 942,986 942,308 947,703 1 744,809 71,801 758,088 73,727 764,587 74,225 772,119 74,813 778,018 75,258 2 37,002 37,681 38,779 39,070 39,385 39,623 4 33,542 -2,085 657,603 1,211 34,119 -2,142 670,866 121,510 113,561 1,223 34,947 -2,209 682,153 121,919 116,553 1,430 35,155 - 2,221 688,141 123,051 131,794 1,552 35,428 -2,250 695,057 118,037 129,214 2,269 35,634 -2,289 700,471 121,902 125,330 2,838 5 -1,242 146,002 27,079 40,908 1,080 33,205 -2,061 649,649 117,454 110,673 1,141 10 39,220 39,827 109,532 111,118 112,338 115,123 130,242 126,945 122,491 11 115,567 26,190 116,438 26,380 116,111 26,418 479,157 105,888 485,338 106,961 495,814 108,843 504,297 110,727 507,297 111,754 512,826 112,819 516,656 114,113 12 18,049 18,082 18,232 18,307 72,683 73,419 74,723 75,780 76,599 77,391 78,478 14 8,043 23,133 -349 23,482 8,136 22,952 -291 23,244 8,107 23,031 -313 23,344 8,147 23,188 -340 23,528 8,111 22,686 33,205 136,461 1,755 134,706 33,542 137,933 135,934 34,119 140,152 1,757 138,396 34,947 143,065 1,593 141,472 35,155 145,536 938 144,599 35,428 146,475 609 145,866 35,634 147,249 678 146,571 15 16 17 18 -170 164,696 141,323 351 413 407 9,575 25,510 15,546 9,964 9,735 12,186 9,065 3,762 9,978 3,210 11,884 2,267 8,429 2,535 19,511 1,843 5,437 5,224 23,372 4,667 1,097 17,608 -111 165,196 141,509 332 441 421 9,183 25,846 15,424 10,422 9,719 12,180 9,098 3,645 10,034 3,227 11,933 2,754 8,504 2,541 19,462 1,753 5,177 5,260 23,687 4,738 1,127 17,822 -130 164,919 140,985 341 450 419 9,001 25,412 15,374 10,038 9,780 12,163 8,961 3,634 10,074 3,215 12,205 2,336 8,378 2,591 19,782 1,785 5,151 5,305 23,934 4,793 1,124 18,017 -156 166,161 141,855 341 475 418 8,967 25,689 15,734 9,955 9,838 12,058 8,902 3,733 10,168 3,246 12,431 2,104 8,274 2,597 20,233 1,844 5,225 5,312 24,306 4,820 1,148 18,339 2,835 718,670 615,657 1,560 54,976 14,905 45,756 92,035 51,817 40,218 43,299 42,181 32,742 21,955 42,791 18,066 64,129 8,052 29,110 5,480 57,295 4,756 17,958 18,610 103,013 17,542 13,566 71,906 3,091 727,142 622,582 1,603 56,057 14,566 46,376 92,470 52,579 39,891 44,453 42,426 31,794 22,238 44,738 17,690 65,560 8,065 29,334 5,541 57,690 4,749 18,293 18,939 104,560 17,571 13,804 73,185 2,851 741,958 636,007 1,654 58,660 15,350 47,609 94,522 52,364 42,158 45,988 42,705 32,351 22,618 45,027 17,158 66,954 8,055 30,289 5,701 58,599 4,775 18,621 19,369 105,951 17,569 13,827 74,555 2,699 755,390 647,512 1,642 62,331 15,294 48,591 94,309 53,212 41,097 45,689 42,954 32,784 22,863 46,531 17,982 68,909 8,712 30,355 5,793 59,824 4,812 18,663 19,476 107,878 17,941 14,320 75,617 2,053 762,534 653,025 1,602 64,598 14,711 49,068 95,181 53,128 42,054 46,067 43,188 32,470 23,048 45,866 17,878 70,628 8,602 30,089 5,980 60,462 4,908 18,941 19,739 109,509 18,253 14,403 76,853 1,733 770,386 658,783 1,563 68,387 15,081 48,948 94,452 52,671 41,781 46,627 43,095 32,851 23,663 46,093 16,552 71,100 8,785 30,702 6,115 60,959 4,996 18,974 19,839 111,603 18,410 14,779 78,413 1,812 776,206 662,862 1,538 70,164 15,452 49,024 92,147 52,303 39,844 45,831 42,499 32,865 23,997 46,600 17,517 72,023 8,884 31,741 6,145 62,059 5,159 19,320 19,898 113,344 18,811 15,239 79,294 III' IV p -388 23,074 -202 165,418 140,864 338 486 426 8,725 25,117 15,358 9,759 9,708 11,677 8,843 3,772 10,218 3,125 12,567 2,100 8,269 2,618 20,546 1,863 5,166 5,302 24,554 4,914 1,196 18,444 120,212 112,328 2,000 IV' I' 3 6 7 8 9 13 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 94 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, Utah Line Item Vermont 2007 2008 2007 2008 ir III' IV' I' II' III' IV p II' III' IV' 79,363 80,119 81,277 81,776 83,234 83,430 83,120 23,124 23,406 23,662 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 66,316 7,414 66,648 7,407 67,652 7,485 68,069 7,614 68,634 7,682 69,145 7,718 68,793 7,676 16,341 1,899 16,521 1,922 Employee and self-employed contributions for government social insurance.......................... Employer contributions for government social insurance........................................................ Plus: Adjustment for residence3................................. Equals: Net earnings by place of residence................ Plus: Dividends, interest, and rent4............................. Plus: Personal current transfer receipts....................... State unemployment insurance benefits............. Personal current transfer receipts excluding state unemployment insurance benefits................... 3,646 3,649 3,692 3,767 3,805 3,825 3,805 1,031 3,768 37 58,940 11,564 8,858 3,793 44 60,210 11,963 9,104 119 3,847 42 60,497 11,926 9,354 157 3,877 37 60,989 10,243 171 3,893 37 61,464 12,143 9,823 239 3,870 38 61,156 11,865 10,099 350 868 88 3,758 41 59,282 11,842 8,995 104 388 14,830 4,332 3,961 89 86 8,770 8,891 8,984 9,197 10,072 9,584 9,749 3,872 3,924 48,243 11,551 48,548 11,583 49,389 11,743 49,805 11,863 50,223 11,992 50,627 12,071 50,445 12,080 11,672 2,790 II' III' IV p 23,925 24,153 24,286 24,255 16,707 1,945 16,892 1,992 16,825 1,987 16,967 2,000 16,891 1,993 1,041 1,052 1,080 1,078 1,084 1,080 881 379 14,978 4,418 4,011 893 385 15,146 4,463 4,053 88 912 389 15,290 4,481 4,154 98 909 389 15,227 4,533 4,393 108 915 388 15,355 4,584 4,346 130 912 386 15,285 4,513 4,458 169 3,965 4,056 4,286 4,216 4,289 11,816 2,824 11,989 2,850 12,159 2,899 12,120 2,905 12,227 2,930 12,199 2,939 I' Income by place of residence 1 Personal income (lines 2-11)..................................... Derivation of personal income 4 5 6 / 8 9 10 11 12,002 Earnings by place of work 12 13 14 15 16 1/ 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries....................... Employer contributions for employee pension and insurance funds.............................................. Employer contributions for government social insurance........................................................ Proprietors’ income5................................................ Farm proprietors’ income.................................... Nonfarm proprietors' income............................... 7,783 7,825 7,949 8,016 8,116 8,177 8,210 1,922 1,942 1,957 1,987 1,995 2,015 2,027 3,768 6,523 36 6,488 3,758 6,517 45 6,472 3,793 6,520 24 6,496 3,847 6,401 -42 6,443 3,877 6,419 -79 6,498 3,893 6,447 -95 6,542 3,870 6,268 -103 6,371 868 881 1,881 152 1,729 893 1,867 140 1,728 912 1,834 132 1,702 909 1,800 915 1,809 105 1,705 912 1,752 192 66,124 54,343 73 203 66,445 54,544 82 68,552 56,062 74 1,337 456 5,223 8,385 5,615 2,770 3,322 5,148 2,707 1,892 3,967 1,358 6,819 1,471 2,499 1,039 5,269 589 1,860 2,648 12,491 3,250 939 8,302 61 68,732 55,914 64 1,431 509 4,859 8,206 5,494 2,712 3,314 4,985 2,751 1,881 3,956 1,302 6,715 1,511 2,585 1,078 5,530 603 1,865 2,769 12,819 3,266 975 8,578 210 1,169 504 5,664 7,994 5,400 2,594 3,159 5,201 2,851 1,820 3,852 1,380 6,038 1,406 2,502 1,005 5,060 590 1,777 2,507 11,901 3,132 923 7,846 117 67,952 55,608 69 1,243 482 5,363 8,310 5,573 2,737 3,248 5,165 2,797 1,864 3,957 1,357 6,392 1,520 2,512 1,028 5,238 568 1,852 2,642 12,344 3,207 940 8,197 67 69,078 56,389 1,220 182 67,470 55,273 72 1,194 510 5,671 8,204 5,541 2,664 3,251 5,268 2,784 1,826 3,911 1,342 6,293 1,414 2,480 1,030 5,064 590 1,812 2,556 12,197 3,134 919 8,144 199 16,508 13,480 75 53 225 1,103 2,464 1,887 576 659 1,377 388 348 869 191 16,701 13,628 74 63 256 1,083 2,501 1,918 583 672 1,377 393 344 875 162 16,663 13,565 75 58 242 1,878 146 1,732 102 1,698 88 1,664 Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... 23 Mining................................................................. 24 Utilities................................................................ Construction....................................................... 25 26 Manufacturing..................................................... 27 Durable goods................................................ 28 Nondurable goods.......................................... 29 Wholesale trade................................................. 30 Retail trade......................................................... Transportation and warehousing......................... 31 32 Information......................................................... 33 Finance and insurance....................................... 34 Real estate and rental and leasing...................... 35 Professional and technical services.................... 36 Management of companies and enterprises....... 3/ Administrative and waste services...................... 38 Educational services.......................................... 39 Health care and social assistance....................... 40 Arts, entertainment, and recreation..................... 41 Accommodation and food services..................... 42 Other services, except public administration....... 43 Government and government enterprises............... 44 Federal, civilian................................................... 45 Military................................................................ 46 State and local................................................... See the footnotes at the end of the table. 465 5,774 7,891 5,294 2,597 3,088 5,088 3,289 1,780 3,780 1,394 5,945 1,397 2,476 988 4,856 598 1,746 2,496 11,782 3,156 910 7,715 68 66 1,408 499 5,085 8,429 5,634 2,795 3,374 5,119 2,740 1,880 3,935 1,351 6,655 1,538 2,557 1,060 5,430 592 1,890 2,781 12,689 3,233 954 8,502 204 16,137 13,176 75 53 256 1,167 2,455 1,875 581 641 1,358 384 337 752 218 1,227 26 362 479 2,101 139 674 473 2,961 532 158 2,271 16,311 13,302 74 53 241 1,127 2,466 1,889 577 654 1,354 380 351 793 216 1,264 25 375 497 2,144 143 668 477 3,009 539 160 2,309 212 220 1,298 24 388 498 2,190 148 678 483 3,028 542 160 2,327 1,312 18 412 509 2,210 141 677 490 3,074 553 166 2,354 1,022 2,499 1,906 593 691 1,385 398 348 808 215 1,338 19 398 511 2,246 141 678 492 3,098 559 173 2,367 165 16,801 13,662 74 61 245 1,025 2,491 1,892 599 701 1,386 395 362 808 218 1,355 18 400 521 2,286 145 679 493 3,139 571 183 2,385 149 16,742 13,573 73 62 249 990 2,437 1,853 584 693 1,348 392 365 810 211 1,370 18 400 525 2,319 147 673 491 3,169 575 195 2,399 April 2009 S urvey of C urren t B 95 u s in e s s and Earnings by Industry, 2007:11— 2008:1V1 —Continues seasonally adjusted at annual rates] Virginia Washington 2007 II' III' 2008 IV' I' II' West Virginia 2007 III' IVp II' III' 2007 2008 IV' I' II' III' IVP II' Line 2008 III' IV' I' II' III' IVp 319,030 323,517 325,706 328,882 333,682 334,894 334,985 262,763 268,946 272,493 273,674 276,906 280,813 278,196 52,793 53,439 54,021 54,645 56,053 56,409 56,658 1 250,689 27,244 253,605 27,503 254,895 27,561 257,438 28,103 259,178 28,329 261,734 28,537 262,148 28,550 199,498 24,110 204,328 24,590 207,002 24,832 207,534 25,136 207,795 25,177 212,324 25,676 209,668 25,330 35,955 4,664 36,435 4,739 36,934 4,807 37,450 4,925 37,944 4,995 38,797 5,100 38,998 5,120 3 14,268 14,412 14,453 14,769 14,897 15,007 15,014 11,322 11,589 11,718 11,890 11,916 12,168 11,996 2,255 2,282 2,308 2,373 2,406 2,455 2,465 4 12,976 9,041 232,487 50,901 35,643 369 13,091 9,223 235,325 52,057 36,136 385 13,108 9,246 236,580 52,618 36,508 391 13,334 9,637 238,972 52,515 37,395 441 13,431 9,558 240,407 52,626 40,648 500 13,529 9,624 242,821 52,925 39,148 677 13,536 9,745 243,343 51,663 39,978 856 12,788 2,980 178,368 50,948 33,447 694 13,001 2,973 182,710 52,355 33,881 754 13,114 3,019 185,189 53,086 34,219 805 13,246 3,071 185,470 53,211 34,993 923 13,262 3,096 185,714 53,878 37,315 1,032 13,508 3,050 189,698 54,588 36,527 1,283 13,334 3,054 187,392 53,323 37,481 1,722 2,409 1,148 32,440 6,846 13,508 167 2,457 1,143 32,839 6,980 13,621 165 2,499 1,142 33,269 7,038 13,714 168 2,553 1,133 33,657 7,053 13,935 188 2,589 210 2,645 1,088 34,784 7,272 14,352 232 2,655 1,071 34,949 7,170 14,540 263 10 35,274 35,751 36,117 36,954 40,148 38,471 39,123 32,754 33,127 33,414 34,070 36,282 35,244 35,759 13,341 13,456 13,545 13,748 14,619 14,120 14,276 11 184,258 45,672 186,502 46,148 187,675 46,226 189,535 46,908 190,886 47,393 192,841 47,752 193,193 48,122 144,935 34,057 148,728 34,773 150,939 35,185 151,359 35,441 151,457 35,568 155,093 36,388 153,121 36,073 25,113 7,202 25,441 7,336 25,798 7,424 26,207 7,542 26,537 7,668 27,153 7,825 27,303 7,906 13 32,696 33,057 33,118 33,573 33,962 34,223 34,586 21,269 21,772 22,072 22,195 22,307 22,879 22,738 4,793 4,880 4,925 4,989 5,079 5,180 5,252 14 12,976 20,759 166 20,593 13,091 20,954 205 20,749 13,108 20,994 166 20,827 13,334 20,995 183 20,812 13,431 20,898 97 20,801 13,529 21,141 90 21,051 13,536 20,832 13,001 20,827 680 20,147 13,114 20,877 598 20,279 13,246 20,734 515 20,219 13,262 20,769 477 20,292 13,508 20,843 363 20,480 13,334 20,474 324 20,151 2,409 3,639 -99 3,738 2,457 3,657 2,499 3,712 -100 -110 20,811 12,788 20,506 503 20,003 3,757 3,822 2,553 3,701 -138 3,839 2,589 3,739 -175 3,914 2,645 3,819 -182 4,001 2,655 3,788 -177 3,965 15 16 17 18 388 250,301 188,687 332 1,300 2,053 15,841 17,758 10,349 7,409 9,608 13,645 6,271 9,536 13,464 5,384 39,670 8,961 8,189 2,737 18,208 1,603 6,070 8,058 61,615 19,619 15,094 26,901 430 253,175 190,808 339 1,296 2,162 15,751 18,003 10,816 7,187 9,669 13,662 6,179 9,403 13,430 5,383 40,864 8,911 8,477 2,836 18,554 1,606 6,103 8,180 62,368 19,664 15,208 27,496 391 254,504 191,980 334 1,313 2,216 15,408 17,854 10,563 7,291 9,584 13,717 6,294 9,667 13,021 5,315 42,013 8,639 8,546 2,867 19,000 1,675 6,192 8,325 62,524 19,753 15,128 27,643 410 257,028 193,300 323 1,388 2,310 15,142 18,009 10,704 7,305 9,655 13,739 6,354 9,585 13,602 5,257 42,288 8,606 8,590 2,869 19,297 1,591 6,239 8,458 63,728 20,191 15,535 28,002 327 258,851 194,511 323 1,456 2,230 14,607 17,705 10,440 7,265 9,721 13,777 6,334 9,800 13,062 5,248 43,633 8,710 8,640 2,948 19,843 1,670 6,273 8,530 64,340 20,529 15,694 28,118 321 261,413 196,280 326 1,545 2,238 14,509 17,632 10,399 7,233 9,863 13,765 6,310 9,786 12,988 5,411 44,730 8,820 8,697 3,025 19,947 1,669 6,323 8,695 65,133 20,691 15,793 28,649 254 261,894 195,935 322 1,582 2,278 14,166 17,370 10,237 7,133 9,762 13,392 6,265 9,847 13,053 5,218 45,289 8,794 8,738 3,022 20,242 1,676 6,268 8,650 65,959 20,922 16,089 28,948 1,700 197,798 160,699 2,143 319 699 15,172 24,356 18,332 6,024 9,973 13,689 6,432 14,063 10,570 4,144 16,813 3,630 7,133 1,518 17,472 1,902 5,154 5,520 37,099 6,475 6,025 24,599 1,886 202,441 164,483 2,168 336 742 15,213 24,189 18,243 5,946 10,034 13,441 6,287 14,919 10,996 4,020 18,866 3,791 7,355 1,567 17,815 1,971 5,160 5,613 37,959 6,471 6,239 25,249 1,806 205,195 166,835 2,146 329 740 15,374 24,906 18,782 6,124 10,526 13,758 6,374 15,794 1,736 205,798 166,746 2,107 328 770 15,204 25,205 19,089 6,116 10,432 13,714 6,348 15,192 11,301 4,042 18,077 3,531 7,332 1,610 18,485 1,900 5,326 5,842 39,053 6,518 6,494 26,041 1,709 206,086 166,705 2,080 331 789 15,016 24,676 18,586 6,090 10,511 13,728 6,334 14,712 11,262 4,039 18,247 3,853 7,285 1,649 18,892 1,962 5,381 5,958 39,381 6,579 6,569 26,233 1,605 210,719 170,444 2,161 356 802 14,977 24,960 18,879 6,081 10,671 13,598 6,380 16,510 11,645 4,063 18,720 3,902 7,343 1,683 19,264 1,983 5,402 6,026 40,275 6,617 6,919 26,739 1,576 208,092 167,686 2,126 361 819 14,412 24,894 18,950 5,944 10,480 13,168 6,400 14,575 11,696 3,929 19,069 3,826 7,230 1,726 19,575 -67 36,022 27,800 119 2,826 551 2,342 3,890 2,179 1,711 1,447 2,655 1,301 631 1,117 404 1,933 352 939 213 4,653 284 1,062 1,082 -67 36,502 28,150 118 2,919 617 2,282 3,882 2,184 1,698 1,416 -78 37,012 28,622 119 2,964 593 2,372 3,935 -105 37,555 29,058 -142 38,086 29,472 -148 38,945 30,162 -143 39,141 30,243 21 11,121 3,993 17,802 3,804 7,398 1,585 18,218 1,945 5,279 5,743 38,360 6,398 6,337 25,625 2,020 5,353 6,027 40,406 6,691 6,876 26,840 8,222 2,108 403 5,710 2,668 1,289 649 1,164 394 1,974 395 953 218 4,773 280 1,089 1,070 8,352 2,098 409 5,844 2,212 1,723 1,475 2,699 1,317 658 1,176 400 2,016 404 977 224 4,806 283 1,132 1,073 8,389 2,089 409 5,891 1,122 34,071 7,153 14,829 112 110 112 111 3,116 629 2,351 3,909 2,184 1,725 1,485 2,713 1,346 3,325 632 2,431 3,928 3,542 634 2,537 3,957 2,216 1,741 1,524 2,759 1,359 674 1,216 413 2,123 415 3,658 646 2,494 3,883 2,177 1,706 1,540 2,677 1,368 682 1,229 400 2,144 417 1,049 233 5,118 279 1,191 1,124 8,898 2,201 1,727 1,502 2,732 1,343 688 666 1,199 406 2,060 370 1,207 407 2,101 387 1,001 1,012 1,022 229 4,944 269 1,145 1,086 8,497 2,140 416 5,941 224 4,940 269 1,151 1,103 8,614 2,174 426 6,014 231 5,065 274 1,177 1,128 8,783 2,197 438 6,148 2,212 462 6,224 2 5 6 7 8 9 12 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 96 Regional Quarterly Report April 2009 Table 5. Personal Income by Major Source [Millions of dollars, Wisconsin Line Wyoming 2007 Item II' III' 2007 2008 IV' r II' lllr IVp 2008 II' III' IV' I' II’ III' IVp Income by place of residence 1 Personal income (lines 2-11).................................. 201,701 203,519 206,372 207,640 210,787 211,102 210,468 24,399 24,821 25,448 26,067 26,426 26,782 26,659 149,458 16,968 150,264 17,024 152,677 17,281 153,465 17,531 154,366 17,685 154,780 17,701 153,943 17,609 16,437 1,826 16,629 1,840 17,165 1,899 17,723 1,976 17,808 1,988 18,251 2,028 18,274 2,028 8,857 8,885 9,021 9,174 9,261 9,269 9,225 944 951 982 1,024 1,031 1,053 1,053 8,111 3,769 136,259 35,982 29,460 845 8,140 3,784 137,023 36,678 29,817 891 8,260 3,855 139,251 37,057 30,063 896 8,357 3,905 139,839 37,158 30,644 928 8,424 3,865 140,547 37,599 32,642 1,004 8,432 3,940 141,019 38,009 32,074 1,372 8,383 3,928 140,262 37,442 32,764 1,633 882 -7 14,604 7,158 2,636 35 889 -7 14,782 7,370 2,670 38 917 -10 15,256 7,504 2,689 34 951 -16 15,732 7,584 2,751 42 956 -16 15,805 7,671 2,950 51 976 -19 16,204 7,712 2,866 60 975 -20 16,226 7,513 2,921 72 28,615 28,927 29,167 29,716 31,638 30,702 31,131 2,601 2,632 2,656 2,709 2,900 2,806 2,848 110,085 26,192 110,616 26,284 112,675 26,693 113,250 26,832 114,146 27,155 114,569 27,167 114,188 27,136 11,605 2,639 11,748 2,669 12,193 2,742 12,566 2,829 12,631 2,860 12,929 2,919 12,949 2,939 18,081 18,144 18,433 18,475 18,731 18,735 18,753 1,757 1,780 1,825 1,878 1,904 1,943 1,964 8,111 13,181 875 12,305 8,140 13,363 966 12,398 8,260 13,309 836 12,473 8,357 13,382 991 12,392 8,424 13,066 631 12,435 8,432 13,044 515 12,529 8,383 12,619 400 12,219 882 2,193 -101 2,294 889 2,211 -100 2,311 917 2,230 -121 2,350 951 2,328 -84 2,412 956 2,318 -132 2,450 976 2,404 -138 2,542 975 2,386 -145 2,531 1,800 147,658 126,299 365 275 1,177 9,184 32,104 20,569 11,535 8,211 9,366 5,463 3,392 9,717 1,830 8,843 4,264 4,228 1,728 17,046 1,247 3,545 4,314 21,359 2,453 696 18,210 1,897 148,367 126,998 376 276 1,247 9,159 32,272 20,657 11,615 8,270 9,349 5,384 3,484 10,056 1,805 9,037 3,970 4,247 1,760 17,170 1,248 3,555 4,334 21,369 2,434 719 18,215 1,768 150,909 128,618 395 279 1,237 9,135 32,392 20,787 11,606 8,323 9,334 5,406 3,531 10,274 1,776 9,191 4,393 4,384 1,819 17,455 1,253 3,605 4,436 22,291 2,423 723 19,145 1,932 151,532 129,714 370 285 1,305 8,958 32,999 21,322 11,676 8,508 9,379 5,520 3,550 10,366 1,878 9,276 3,947 4,395 1,831 17,926 1,235 3,577 4,411 21,819 2,458 702 18,659 1,582 152,785 130,369 392 284 1,350 8,758 32,803 21,012 11,791 8,599 9,468 5,388 3,603 10,634 1,787 9,403 4,398 4,347 1,872 17,935 1,264 3,610 4,475 22,416 2,477 721 19,218 1,474 153,307 130,947 401 299 1,288 8,788 32,649 20,926 11,723 8,716 9,463 5,360 3,645 10,610 1,817 9,549 4,243 4,378 1,908 18,298 1,353 3,654 4,529 22,360 2,485 747 19,128 1,367 152,576 130,080 395 303 1,313 8,587 32,018 20,419 11,599 8,601 9,233 5,317 3,691 10,680 1,751 9,662 4,240 4,344 1,924 18,518 1,366 3,614 4,524 22,496 2,506 734 19,256 10 16,427 12,784 50 3,032 244 1,592 737 298 438 582 1,020 868 197 480 419 789 91 290 56 1,080 150 634 474 3,643 622 376 2,645 12 16,616 12,932 45 3,060 255 1,710 733 299 434 595 1,024 871 202 492 414 773 80 301 54 1,107 155 607 456 3,684 624 381 2,679 -8 17,173 13,432 47 3,166 264 1,807 743 307 437 604 1,058 888 208 499 422 810 106 315 58 1,124 153 699 461 3,741 624 379 2,738 30 17,694 13,866 50 3,325 254 1,977 754 303 451 643 1,063 895 209 520 408 848 101 303 58 1,158 145 695 459 3,827 638 395 2,794 -18 17,826 13,917 42 3,479 247 1,821 766 305 461 647 1,068 905 207 530 407 845 103 315 58 1,199 151 679 450 3,909 654 399 2,856 -23 18,274 14,290 47 3,576 262 1,913 771 311 459 667 1,070 907 213 632 415 850 77 325 59 1,209 156 677 465 3,984 651 412 2,921 -29 18,303 14,260 47 3,662 267 1,874 757 308 449 664 1,054 910 214 550 397 859 77 331 60 1,236 159 680 465 4,042 668 424 2,950 Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46) 3 Less: Contributions for government social insurance2 4 5 6 7 8 9 10 1 1 Employee and self-employed contributions for government social insurance........................... Employer contributions for government social insurance........................................................ Plus: Adjustment for residence3.................................. Equals: Net earnings by place of residence Plus: Dividends, interest, and rent4.......... Plus: Personal current transfer receipts, State unemployment insurance benefits............. Personal current transfer receipts excluding state unemployment insurance benefits................... Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries........................ Employer contributions for employee pension and insurance funds.............................................. Employer contributions for government social insurance........................................................ Proprietors' income5............................................... Farm proprietors’ income................................... Nonfarm proprietors’ income.............................. Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... Mining................................................................. 23 24 Utilities................................................................ Construction... 25 Manufacturing. 26 27 Durable goods 28 Nondurable goods Wholesale trade 29 30 Retail trade,, ............................. Transportation and warehousing......................... 31 Information.......................... 32 Finance and insurance 33 34 Real estate and rental and leasing...................... 35 Professional and technical services.................... Management of companies and enterprises....... 36 37 Administrative and waste services...................... Educational services............ 38 Health care and social assistance....................... 39 Arts, entertainment, and recreation..................... 40 41 Accommodation and food services..................... 42 Other services, except public administration....... 43 Government and government enterprises............... 44 Federal, civilian.................................................. Military................................................................ 45 State and local................................................... 46 See the footnotes at the end of the table. April 2009 S urvey of C urren t B 97 u s in e s s and Earnings by Industry, 2007:11— 2008:1V1—Continues seasonally adjusted at annual rates] Mideast New England 2007 II' III' IV' I' II' IV p III' II' III' Line 2008 2007 2008 IV' I' II' III' IVp 667,800 676,704 685,564 691,210 696,996 700,630 698,332 2,121,831 2,151,960 2,179,653 2,204,834 2,226,516 2,237,487 2,232,783 1 503,343 53,354 508,059 53,695 515,059 54,292 520,088 55,432 520,533 55,467 523,176 55,579 521,829 55,385 1,650,796 180,652 1,670,985 182,155 1,694,237 184,143 1,718,807 188,527 1,718,100 188,545 1,733,565 189,649 1,730,118 189,051 2 27,914 28,054 28,350 29,013 29,054 29,116 29,029 92,532 93,315 94,288 96,782 96,720 97,334 97,030 4 25,440 6,294 456,284 120,023 91,493 2,403 25,641 6,594 460,958 123,111 92,634 2,505 25,942 6,809 467,576 124,442 93,546 2,618 26,419 7,029 471,685 123,979 95,546 2,795 26,413 6,817 471,883 124,541 100,572 2,952 26,463 6,997 474,594 125,879 100,157 4,201 26,356 6,933 473,376 122,629 102,327 4,920 88,121 -19,349 1,450,795 350,638 320,398 6,695 88,840 -19,910 1,468,920 358,936 324,104 6,985 89,855 -20,188 1,489,906 362,785 326,962 7,216 91,745 -20,860 1,509,420 361,835 333,579 7,834 91,825 -20,569 1,508,985 362,865 354,665 8,275 92,316 -20,858 1,523,058 365,461 348,968 12,372 92,021 -20,917 1,520,150 356,597 356,036 14,819 10 89,091 90,129 90,928 92,751 97,619 95,957 97,406 313,703 317,119 319,746 325,745 346,390 336,596 341,217 11 368,244 79,165 371,669 79,760 377,351 80,718 381,534 81,707 381,574 82,047 383,481 82,254 382,911 82,384 1,198,594 263,002 1,213,835 264,790 1,231,864 267,355 1,250,002 272,058 1,246,939 273,263 1,258,649 274,815 1,256,428 275,487 12 53,726 54,119 54,777 55,288 55,634 55,791 56,027 174,881 175,950 177,500 180,312 181,438 182,499 183,466 14 88,121 92,316 92,021 198,203 1,576 196,627 15 16 17 18 56,778 26,419 56,847 213 56,634 26,413 56,913 172 56,741 26,463 57,440 154 57,286 26,356 56,535 119 56,416 189,200 1,920 187,280 88,840 192,360 2,197 190,163 89,855 195,018 2,054 192,965 91,745 196,747 2,241 194,506 91,825 197,898 1,910 195,988 632 514,427 447,776 1,234 818 4,196 26,966 64,234 44,605 19,630 26,175 30,128 9,622 16,992 60,538 9,362 60,288 14,490 17,189 14,607 59,845 4,933 13,045 13,112 66,651 10,523 3,376 52,753 638 519,450 451,764 1,251 872 4,360 26,751 63,075 44,592 18,482 26,531 30,592 9,656 17,300 62,701 9,482 61,289 14,319 17,064 14,817 60,636 4,815 13,032 13,220 67,686 10,813 3,478 53,395 601 519,932 451,692 1,144 885 4,468 26,360 62,732 44,218 18,514 26,755 30,469 9,532 17,345 60,990 9,345 62,806 14,387 17,011 14,977 61,224 4,845 13,150 13,265 68,240 10,953 3,525 53,762 587 522,589 453,758 1,149 936 4,423 25,852 61,938 44,006 17,933 26,687 30,347 9,526 17,442 63,000 9,608 62,439 14,320 17,081 15,285 62,230 4,877 13,219 13,398 68,831 556 521,274 451,985 1,132 963 4,515 25,058 60,634 43,135 17,500 26,380 29,435 9,468 17,594 63,247 9,246 63,017 14,272 17,098 15,413 63,136 4,925 13,103 13,350 69,289 11,046 3,695 54,547 3,135 1,647,661 1,378,294 2,915 5,243 16,256 81,872 142,348 76,294 66,054 82,702 88,647 43,897 73,184 204,388 36,433 196,314 45,199 54,616 33,857 167,292 17,151 38,836 47,144 269,367 71,642 12,984 184,741 3,431 1,667,554 1,398,472 2,879 5,373 16,552 82,239 140,431 75,792 64,639 81,974 88,634 42,942 74,300 215,701 35,178 200,659 47,858 55,424 34,596 169,206 17,479 39,242 47,804 269,083 71,475 13,082 184,525 3,295 1,690,943 1,420,089 2,976 5,485 16,578 82,848 142,055 77,115 64,939 83,508 89,447 43,463 75,500 218,745 35,083 205,917 48,553 56,688 35,219 171,736 17,883 39,985 48,420 270,854 71,332 12,947 186,575 3,495 1,715,312 1,438,397 3,033 5,812 16,989 82,858 143,587 77,328 66,259 84,181 89,375 43,950 77,780 224,549 35,398 208,858 48,018 57,148 35,771 173,760 17,582 39,929 49,819 276,915 73,092 13,411 190,412 3,176 1,714,924 1,433,664 3,064 6,106 17,272 81,988 143,329 77,796 65,533 84,474 89,572 43,566 77,553 214,777 35,173 211,219 47,577 57,350 36,392 176,286 18,124 40,292 49,550 281,261 74,033 13,607 193,622 25,942 56,989 55,724 25,641 56,631 255 56,376 622 502,722 437,267 1,241 801 4,164 27,592 62,077 43,822 18,256 25,816 30,172 9,955 16,161 59,083 9,759 56,839 14,723 16,571 14,174 57,870 4,680 12,740 12,848 65,454 10,551 3,403 51,501 673 507,386 441,339 1,215 806 4,231 27,394 62,262 43,990 18,271 25,992 30,249 9,536 16,520 60,885 9,388 57,835 15,074 16,870 14,236 58,230 4,807 12,801 13,007 66,047 10,536 3,419 52,092 25,440 55,934 210 211 11,002 3,617 54,213 200,102 1,852 198,250 3,128 1,730,437 1,448,836 3,020 6,411 16,831 82,103 143,086 77,231 65,856 85,163 89,548 43,444 77,651 221,111 35,659 214,005 48,426 57,314 37,143 178,609 18,536 40,764 50,012 281,602 74,826 13,916 192,860 2,863 1,727,255 1,443,550 2,966 6,576 17,140 80,666 139,984 75,839 64,146 84,062 87,074 43,106 78,376 219,807 34,787 216,333 48,579 57,169 37,120 180,898 18,665 40,263 49,979 283,705 75,444 14,204 194,057 3 5 6 7 8 9 13 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 98 April 2009 Regional Quarterly Report Table 5. Personal Income by Major Source [Millions of dollars, Great Lakes Item Line Plains 2007 2008 2007 2008 II' III' IV' I' II' III' IVp 1,669,947 1,686,796 1,703,900 1,716,901 1,743,323 1,743,475 1,738,057 729,032 738,623 748,329 760,667 772,518 776,605 772,882 1,266,970 139,680 1,276,180 140,220 1,289,052 141,308 1,298,103 143,393 1,300,882 143,607 1,305,394 143,724 1,297,093 142,794 562,584 63,621 569,005 63,989 577,418 64,912 588,428 66,324 590,832 66,566 597,779 67,354 593,140 67,105 71,497 71,797 72,362 73,636 73,793 73,866 73,426 33,395 33,600 34,102 34,934 35,084 35,500 35,380 68,182 6,033 1,133,323 275,471 261,153 6,184 68,423 6,079 1,142,039 280,607 264,150 6,266 68,945 6,217 1,153,961 283,218 266,722 6,594 69,757 6,358 1,161,067 283,415 272,419 7,172 69,814 6,416 1,163,690 286,346 293,287 7,976 69,858 6,541 1,168,211 287,785 287,479 11,220 69,368 6,536 1,160,834 285,132 292,090 13,554 30,226 -6,015 492,948 126,954 109,130 1,905 30,389 -6,069 498,947 129,310 110,367 1,903 30,809 -6,147 506,360 130,590 111,379 1,962 31,390 -6,292 515,812 131,046 113,809 2,217 31,482 -6,282 517,985 132,540 121,993 2,371 31,854 -6,384 524,041 133,847 118,718 3,125 31,725 -6,358 519,677 131,991 121,214 3,995 278,536 107,226 108,464 109,417 111,591 119,622 115,593 117,219 II' III' IV' I' II' III' IVp Income by place of residence 1 Personal income (lines 2-11)..................................... Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 4 5 6 7 8 9 10 11 Employee and self-employed contributions for government social insurance........................... Employer contributions for government social insurance........................................................ Plus: Adjustment for residence3.................................. Equals: Net earnings by place of residence................ Plus: Dividends, interest, and rent4............................. Plus: Personal current transfer receipts....................... State unemployment insurance benefits............. Personal current transfer receipts excluding state unemployment insurance benefits................... 254,969 257,884 260,127 265,248 285,311 276,258 921,335 213,332 926,929 214,617 937,499 216,197 942,847 218,001 943,421 219,039 947,172 219,359 942,962 219,012 405,228 93,937 408,521 94,629 416,014 95,909 421,162 97,261 422,301 97,935 428,491 99,126 427,617 99,287 145,150 146,194 147,251 148,244 149,224 149,501 149,644 63,711 64,240 65,100 65,870 66,453 67,272 67,562 68,182 132,303 3,981 128,322 68,423 134,634 5,329 129,305 68,945 135,356 5,036 130,320 69,757 137,255 6,948 130,306 69,814 138,423 7,244 131,178 69,858 138,862 6,793 132,069 69,368 135,119 5,285 129,834 30,226 63,419 9,376 54,042 30,389 65,855 11,296 54,559 30,809 65,496 10,396 55,100 31,390 70,006 14,966 55,040 31,482 70,597 15,079 55,518 31,854 70,162 14,174 55,988 31,725 66,236 11,466 54,769 6,933 1,260,037 1,081,216 1,632 7,229 11,772 71,537 234,891 163,829 71,061 72,205 75,528 46,729 28,172 84,257 24,492 113,961 36,878 47,940 15,416 129,383 11,591 30,480 37,124 178,821 26,682 7,516 144,624 8,302 1,267,877 1,087,142 1,672 7,250 12,166 71,402 233,676 163,122 70,554 72,927 74,937 46,203 28,614 85,889 23,927 115,825 36,825 48,969 15,799 131,184 11,658 30,858 37,361 180,736 26,712 7,530 146,494 8,012 1,281,040 1,099,117 1,690 7,410 12,141 70,703 233,040 162,443 70,596 74,769 76,777 46,895 29,201 88,032 23,243 118,263 37,524 49,573 16,103 132,707 11,726 31,277 38,041 181,923 26,797 7,479 147,646 9,956 1,288,147 1,103,680 1,617 7,765 12,691 69,722 233,533 161,405 72,128 74,672 75,770 47,124 29,288 89,411 23,479 119,781 37,078 49,876 16,289 134,853 11,716 30,994 38,021 184,467 27,588 7,745 149,134 10,279 1,290,603 1,104,047 1,649 8,078 12,552 68,373 233,023 161,365 71,658 75,408 76,007 46,762 29,504 87,318 23,318 120,475 37,750 49,507 16,545 136,179 12,024 31,217 38,358 186,556 27,843 7,929 150,784 9,852 1,295,541 1,106,942 1,687 8,469 12,604 68,776 230,519 158,750 71,769 75,858 75,461 46,505 29,995 86,252 23,143 121,935 38,470 49,239 17,039 138,531 12,160 31,581 38,716 188,599 28,025 8,109 152,465 8,371 1,288,722 1,098,830 1,663 8,731 12,828 66,509 224,914 154,623 70,291 74,926 73,537 46,156 29,991 86,654 22,625 123,093 38,350 49,162 17,159 140,391 12,263 31,342 38,535 189,892 28,275 8,333 153,283 12,258 550,326 460,556 1,650 3,716 6,181 33,333 81,372 51,143 30,230 32,837 35,285 22,918 17,647 40,196 8,627 39,835 19,100 17,507 6,956 58,215 5,090 13,707 16,383 89,770 14,826 8,410 66,533 14,201 554,804 463,450 1,720 3,720 6,363 33,754 81,152 51,094 30,058 33,298 35,260 21,939 17,626 40,985 8,465 40,682 19,115 17,816 7,099 58,918 5,206 13,754 16,577 91,354 14,759 8,620 67,975 13,305 564,113 472,126 1,705 3,969 6,346 33,950 82,246 51,797 30,448 34,140 35,790 17,906 570,523 477,086 1,660 4,026 6,682 33,672 82,874 51,762 31,112 34,957 35,899 22,371 18,303 41,459 8,599 42,261 21,920 18,294 7,363 60,772 5,154 13,972 16,849 93,437 15,047 8,927 69,462 18,045 572,788 478,213 1,679 4,168 6,709 33,149 83,183 51,742 31,441 35,116 36,169 22,074 18,214 41,746 8,538 43,020 20,525 18,442 7,471 61,748 5,124 14,118 17,019 94,575 15,278 9,051 70,246 17,164 580,615 484,541 1,750 4,481 6,798 33,522 83,483 52,010 31,472 35,706 36,215 22,030 18,571 42,406 8,625 43,828 21,619 18,539 7,631 62,530 5,222 14,336 17,251 96,074 15,413 9,259 71,402 14,482 578,657 481,884 1,725 4,534 6,931 32,843 81,743 50,974 30,768 35,314 35,341 21,936 18,788 42,640 8,358 44,287 21,147 18,466 7,695 63,471 5,227 14,217 17,222 96,774 15,582 9,430 71,762 Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries........................ Employer contributions for employee pension and insurance funds.............................................. Employer contributions for government social insurance........................................................ Proprietors’ income5............................................... Farm proprietors’ income.............................•...... Nonfarm proprietors’ income............................... Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... Forestry, fishing, related activities, and other6 22 23 Mining................................................................. 24 Utilities Construction 25 Manufacturing 26 27 Durable goods................................................ 28 Nondurable goods.......................................... 29 Wholesale trade................................................. 30 Retail trade......................................................... Transportation and warehousing......................... 31 32 Information........................... Finance and insurance 33 34 Real estate and rental and leasing 35 Professional and technical services 36 Management of companies and enterprises....... 37 Administrative and waste services Educational services............ 38 39 Health care and social assistance Arts, entertainment, and recreation..................... 40 41 Accommodation and food services..................... 42 Other services, except public administration....... 43 Government and government enterprises............... 44 Federal, civilian..................... 45 Military................................................................ 46 State and local................................................... See the footnotes at the end of the table. 22,210 18,638 41,299 8,380 41,955 19,788 18,288 7,261 60,237 5,172 13,974 16,779 91,987 14,692 8,646 68,649 S u rvey April 2 0 0 9 of C urren t B 99 u s in e s s and Earnings by Industry, 2007:1— 1 2008:1V1 —Continues seasonally adjusted at annual rates] Southeast Southwest 2007 II' III' 2008 IV' I' II' 2007 III' IVP II' III' 2008 IV' II' I' Line IVp III' 2,628,782 2,661,212 2,683,778 2,701,309 2,757,398 2,746,862 2,741,961 1,269,734 1,288,785 1,308,131 1,327,213 1,357,672 1,356,811 1,361,060 1 1,897,861 211,428 1,916,245 213,106 1,930,939 214,282 1,943,163 217,601 1,949,394 218,410 1,959,666 219,034 1,954,950 218,361 1,010,304 101,402 1,023,570 102,658 1,040,096 104,071 1,056,367 106,656 1,063,888 107,273 1,073,366 107,973 1,077,815 108,300 3 113,100 113,994 114,668 116,682 117,176 117,491 117,146 53,235 53,896 54,651 56,139 56,498 56,871 57,050 4 101,542 12,584 1,753,216 520,576 473,070 10,732 101,215 12,716 1,749,304 510,918 481,739 12,791 48,167 172 909,073 185,190 175,470 1,708 48,762 157 921,069 189,570 178,145 1,840 49,420 219 936,245 191,741 180,145 1,883 50,517 50,775 109 956,724 194,486 206,462 2,378 51,101 965,495 190,295 3,427 51,250 72 969,588 192,741 198,731 4,278 5 949,821 192,486 184,906 2,176 10 2 98,329 11,916 1,698,349 500,180 430,254 4,946 99,113 12,187 1,715,326 509,876 436,010 5,341 99,614 12,132 1,728,789 514,527 440,463 5,669 100,919 12,633 1,738,195 512,556 450,558 6,348 101,234 12,502 1,743,486 516,589 497,323 7,276 425,308 430,669 434,794 444,211 490,047 462,337 468,948 173,762 176,305 178,263 182,730 204,084 197,594 194,453 11 1,383,061 325,809 1,396,735 328,758 1,409,403 330,597 1,417,621 334,157 1,421,421 336,646 1,429,319 338,315 1,427,161 339,405 683,016 152,965 692,664 154,876 704,747 156,911 715,523 159,533 718,925 160,882 725,701 162,236 729,032 163,702 12 227,480 229,645 230,983 233,238 235,412 236,773 238,190 104,798 106,114 107,491 109,016 110,108 111,135 112,453 14 98,329 188,991 5,816 183,175 99,113 190,752 6,608 184,144 99,614 190,938 5,767 185,171 100,919 191,386 6,770 184,616 101,234 191,328 5,621 185,707 101,542 192,032 5,043 186,989 101,215 188,383 4,372 184,011 48,167 174,322 2,631 171,691 48,762 176,029 2,980 173,050 49,420 178,439 2,478 175,961 50,517 181,311 1,857 179,454 50,775 184,080 725 183,356 51,101 185,429 245 185,184 51,250 185,081 278 184,803 15 16 17 18 10,065 1,887,796 1,528,362 6,928 17,887 16,334 127,997 216,940 127,301 89,639 102,820 132,150 73,158 56,650 108,855 41,310 166,700 40,416 80,470 20,597 181,102 20,089 59,295 58,663 359,434 71,434 57,167 230,833 10,906 1,905,339 1,539,711 7,009 18,165 16,935 127,696 216,644 127,949 88,695 103,866 132,703 70,939 57,330 111,535 40,317 169,889 41,154 81,079 21,099 183,873 20,192 59,973 59,313 365,628 71,499 57,808 236,322 10,078 1,920,860 1,551,677 7,047 18,547 16,974 125,743 217,166 127,586 89,581 105,032 132,550 71,210 60,877 110,953 39,855 174,142 40,690 81,120 21,699 186,582 20,500 60,971 60,017 369,183 71,685 57,742 239,756 11,126 1,932,037 1,555,356 7,036 19,471 17,591 122,320 217,906 127,550 90,356 104,741 132,329 71,787 58,839 112,141 39,871 176,211 41,283 81,032 21,787 189,603 20,478 60,782 60,148 376,680 73,725 60,086 242,869 10,017 1,939,377 1,558,084 7,036 20,467 17,709 120,040 216,301 126,894 89,407 105,357 132,278 71,137 59,476 111,133 39,724 179,119 41,939 80,306 22,151 191,789 20,701 60,899 60,520 381,294 74,595 61,125 245,574 9,475 1,950,191 1,564,321' 6,928 21,625 17,871 117,634 215,852 126,734 89,118 106,324 132,116 70,859 59,353 111,481 39,856 182,170 42,482 79,663 22,658 194,143 20,984 61,411 60,910 385,870 75,302 62,509 248,058 8,843 1,946,107 1,556,678 6,816 22,148 18,211 114,856 211,097 123,554 87,543 105,107 128,384 70,386 60,068 111,887 38,660 184,310 42,420 79,678 22,893 197,141 21,168 60,639 60,809 389,430 76,164 63,764 249,502 4,783 1,005,521 846,948 2,382 66,467 18,257 66,614 123,719 72,007 51,712 56,987 63,668 42,320 27,946 58,177 25,411 86,846 11,582 43,160 8,137 84,886 7,187 26,888 26,315 158,572 29,496 19,777 109,299 5,155 1,018,415 856,704 2,403 68,136 18,147 67,270 124,212 72,839 51,374 58,195 63,936 41,194 28,409 60,180 24,944 88,529 12,076 43,696 8,247 85,875 7,232 27,268 26,754 161,711 29,590 4,660 1,035,436 872,430 2,437 71,179 19,023 68,167 126,434 72,502 53,932 59,958 64,434 41,681 28,916 60,379 24,135 90,595 12,008 44,838 8,512 87,253 7,290 27,893 27,298 163,007 29,612 19,951 113,444 4,062 1,052,305 886,106 2,430 75,365 19,086 68,793 126,667 73,579 53,088 59,549 64,561 42,302 29,310 61,959 25,286 92,907 12,413 45,083 8,664 89,175 7,362 27,801 27,392 166,199 30,317 20,599 115,283 2,949 1,060,939 892,814 2,365 78,464 18,458 68,849 127,932 73,519 54,412 60,017 64,764 41,862 29,531 61,264 24,999 94,602 12,428 44,702 8,915 90,394 7,438 28,132 27,699 168,124 30,862 20,717 116,546 2,488 1,070,878 899,765 2,291 83,352 18,816 68,229 126,976 72,922 54,054 60,756 64,418 42,300 30,194 61,315 23,732 95,077 12,818 45,165 9,163 91,481 7,599 28,205 27,878 171,114 31,159 21,233 118,722 2,540 1,075,275 901,805 2,254 85,505 19,253 67,709 123,659 72,379 51,280 59,809 62,979 42,311 30,555 61,848 24,398 96,105 12,890 46,197 9,212 93,019 7,811 28,397 27,895 173,469 20,022 112,098 111 102 201,020 31,727 21,836 119,906 6 7 8 9 13 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 Regional Quarterly Report 100 April 2009 Table 5. Personal Income by Major Source and Earnings by Industry, 2007:II-2008:IV1 Table Ends — [Millions of dollars, seasonally adjusted at annual rates] Rocky Mountain Line Item Far West 2008 2007 ir III' IV' I' 2007 IVp III' II' II' III' 2008 IV' I' II' Line III' IVP Income by place of residence 1 Personal income (lines 2-11)..................................... 380,039 385,566 392,570 395,473 401,133 403,714 402,879 2,081,224 2,112,106 2,137,917 2,141,397 2,175,369 2,185,270 2,177,396 1 296,777 31,922 300,150 32,134 306,397 32,758 308,428 33,253 309,569 33,412 313,118 33,683 312,475 1,594,822 1,612,786 1,631,963 33,573 176,477 177,776 179,339 1,644,718 181,991 2 91,892 4 16,660 87,442 88,293 89,170 89,705 90,173 90,554 90,099 1,273 -1,682 -1,715 -1,751 -1,715 -1,730 -1,749 -1,739 280,174 1,416,663 1,433,294 1,450,873 1,446,647 1,455,008 1,466,051 1,460,988 413,472 73,545 397,268 408,190 413,689 418,430 414,341 424,391 49,161 270,621 273,572 281,061 301,931 294,829 267,293 302,068 1,736 6,733 7,325 8,430 8,881 12,444 15,487 6,470 5 Derivation of personal income 2 Earnings by place of work (lines 12-18 or 19-46)...... 3 Less: Contributions for government social insurance2 4 5 6 7 8 9 10 11 Employee and self-employed contributions for government social insurance........................... Employer contributions for government social insurance........................................................ Plus: Adjustment for residence3.................................. Equals: Net earnings by place of residence................ Plus: Dividends, interest, and rent4............................. Plus: Personal current transfer receipts....................... State unemployment insurance benefits............. Personal current transfer receipts excluding state unemployment insurance benefits................... 16,913 16,095 16,417 16,714 16,809 16,958 266,066 70,541 43,433 585 16,341 1,250 274,888 73,141 44,540 689 16,540 1,261 276,435 73,334 45,704 858 16,603 1,259 277,416 74,189 49,528 929 16,724 1,282 280,717 75,054 47,943 1,294 42,848 43,415 43,851 44,846 48,600 46,649 47,425 207,840 47,990 210,321 48,454 215,556 49,363 216,889 49,888 217,797 50,313 220,350 50,818 220,072 50,991 32,041 32,415 33,022 33,348 33,710 34,094 34,331 177,761 179,527 181,440 181,544 183,947 185,602 186,404 14 15,949 40,946 849 40,097 16,039 41,376 1,089 40,287 16,341 41,477 822 40,655 16,540 41,651 736 40,915 16,603 41,459 238 41,221 16,724 41,949 16,660 41,411 -49 41,461 87,442 192,450 4,693 187,757 88,293 194,052 5,819 188,233 89,170 194,127 5,085 189,043 89,705 191,958 3,935 188,023 90,173 192,332 3,635 188,697 90,554 192,708 2,683 190,025 90,099 189,518 2,758 186,761 15 16 17 18 2,350 294,427 243,858 2,602 297,549 246,225 1,013 9,939 2,564 24,400 25,953 17,678 8,274 14,828 19,979 9,814 15,479 18,016 7,705 30,763 5,939 11,185 2,928 23,929 3,475 9,135 9,180 51,324 11,249 5,823 34,252 2,337 304,060 251,891 2,267 306,161 253,112 975 11,230 2,742 23,825 26,461 17,711 8,750 15,407 20,250 9,948 16,187 18,642 7,567 32,129 6,138 11,323 2,978 24,902 3,439 9,453 9,519 53,049 11,463 6,067 35,520 1,783 307,786 253,942 960 11,681 2,594 23,179 26,721 17,665 9,056 15,323 20,229 9,755 16,234 18,331 7,600 33,144 6,027 11,342 3,019 25,281 3,451 9,494 9,577 53,844 11,684 266,247 92,263 3 16,039 1,241 269,257 72,244 44,064 649 263,888 90,169 91,779 15,972 260,822 89,483 91,142 15,949 1,211 89,035 1,629,209 1,638,690 1,650,617 180,847 181,952 182,817 6 7 8 9 10 286,580 11 1,166,001 1,172,238 1,181,753 1,178,696 271,249 274,120 276,156 276,503 12 272,631 293,050 282,385 Earnings by place of work 12 13 14 15 16 17 18 Components of earnings: Wage and salary disbursements............................. Supplements to wages and salaries........................ Employer contributions for employee pension and insurance funds....................................... Employer contributions for government social insurance........................................................ Proprietors’ income5............................................... Farm proprietors’ income.................................... Nonfarm proprietors’ income............................... 120 41,830 1,137,170 1,150,913 1,167,226 267,821 265,202 270,610 13 Earnings by industry 19 Farm earnings............................................................ 20 Nonfarm earnings....................................................... 21 Private earnings..................................................... 22 Forestry, fishing, related activities, and other6..... 23 Mining................................................................. 24 Utilities................................................................ 25 Construction..... 26 Manufacturing... 27 Durable goods 28 Nondurable goods 29 Wholesale trade 30 Retail trade...... 31 Transportation and warehousing......................... 32 Information......................................................... 33 Finance and insurance........................................ 34 Real estate and rental and leasing...................... 35 Professional and technical services.................... 36 Management of companies and enterprises....... 37 Administrative and waste services...................... 38 Educational services.......................................... 39 Health care and social assistance....................... 40 Arts, entertainment, and recreation..................... 41 Accommodation and food services..................... 42 Other services, except public administration....... 43 Government and government enterprises............... 44 Federal, civilian.................................................. 45 Military................................................................ 46 State and local................................................... 1,001 9,836 2,499 24,486 25,644 17,469 8,175 14,545 19,831 10,427 15,136 17,575 7,928 30,217 5,927 11,029 2,843 23,345 3,427 9,044 9,117 50,569 11,293 5,709 33,567 1,002 10,534 2,543 24,888 26,342 17,849 8,493 15,026 20,337 9,895 15,839 18,203 7,760 32,379 6,150 11,306 2,940 24,508 3,500 9,395 9,340 52,169 11,229 5,818 35,122 6,120 36,040 p Preliminary r Revised 1. The estimates of earnings for 2007 forward are based on the 2007 North American Industry Classification System (NAICS). 2. Contributions for government social insurance are included in earnings by type and industry, but they are excluded from personal income. 3. The adjustment for residence is the net inflow of the earnings of interarea commuters. For the United States, it consists of adjustments for border workers: Wage and salary disbursements to U.S. residents commuting to Canada less 1,677 311,441 256,222 973 12,016 2,649 23,218 26,490 17,675 8,815 15,354 20,157 9,797 16,463 18,693 7,680 33,337 6,027 11,523 3,054 25,898 3,477 9,597 9,820 55,219 11,736 6,260 37,222 1,522 13,591 12,875 11,810 11,580 10,837 12,385 10,693 310,953 1,582,437 1,599,195 1,619,088 1,617,399 1,627,110 1,639,925 1,633,881 255,109 1,309,183 1,322,411 1,338,104 1,334,308 1,339,371 1,346,189 1,338,132 10,837 958 10,771 10,797 10,651 10,997 10,807 10,819 12,342 8,114 8,357 8,812 9,107 9,714 8,733 9,468 2,709 14,421 15,044 15,299 14,473 15,068 14,803 15,158 103,954 22,523 112,863 110,992 109,566 106,293 101,105 98,135 25,935 177,768 179,653 177,079 178,598 178,717 175,545 177,468 17,319 126,574 126,041 125,896 127,813 125,233 125,516 123,303 8,615 51,845 52,556 52,242 51,572 51,193 51,840 53,200 15,166 81,788 82,361 79,894 81,259 82,373 83,020 81,651 19,580 103,414 103,861 104,446 103,191 103,495 102,118 98,729 9,807 47,053 47,813 48,065 47,888 47,684 47,627 48,380 83,197 16,796 77,205 80,159 80,585 81,025 85,481 84,531 97,542 18,645 100,939 101,214 100,993 100,939 99,547 99,995 7,327 41,306 40,640 41,375 40,666 41,098 39,666 42,683 33,624 179,740 181,764 185,052 186,494 189,037 169,746 175,790 5,984 32,597 32,321 31,604 32,215 34,331 33,206 33,049 11,471 61,947 61,603 60,189 61,258 62,255 61,535 61,560 3,104 17,002 17,348 17,712 17,953 18,260 18,732 19,000 26,330 133,374 136,300 138,220 140,688 143,291 145,461 131,035 3,538 22,892 23,044 22,165 22,518 22,973 23,010 23,356 57,884 9,478 57,015 58,639 58,870 59,068 59,071 58,377 9,794 44,814 45,511 45,779 46,391 46,732 44,225 46,813 55,844 280,984 283,092 276,784 287,739 295,749 273,253 293,736 11,862 39,296 39,073 40,325 40,853 41,089 41,479 39,303 6,405 32,653 33,219 34,187 34,797 30,743 31,311 31,490 213,667 37,578 203,207 206,176 210,420 210,113 218,461 219,473 19 20 21 22 23 24 25 26 2/ 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 4b 46 wage and salary disbursements to Canadian and Mexican residents commuting into the United States. 4. Rental income of persons includes the capital consumption adjustment. 5. Proprietors' income includes the inventory valuation adjustment and the capital consumption adjustment. 6. “Other" consists of the wage and salary disbursements of U.S. residents employed by international organizations and foreign embassies and consulates in the United States. Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. D-1 April 2009 BEA Current and Historical Data A selection of estimates from the national, industry, international, and regional accounts of the Bureau of Economic Analysis (BEA) are presented in this section. BEA’s estimates are not copyrighted and may be reprinted without BEA’s permission. Citing the S u r v e y o f C u r r e n t B u sin ess and BEA as the source is appreciated. More detailed estimates from BEA’s accounts are available on BEA’s Web site at www.bea.gov. These estimates are available in a variety of formats. In addition, news releases, articles, and other information, including methodologies and working papers, are available. The tables present annual [A], quarterly [Q], and monthly [M] data. National Data A. Selected NIPA tables [A,Q] 1. Domestic product and income..............................D-2 2. Personal income and outlays..................................D-18 3. Government current receipts and expenditures ...D-21 4. Foreign transactions...............................................D-33 5. Saving and investment............................................D-37 6. Income and employment by industry.................. D-42 7. Supplemental tables................................................D-43 G. Investment tables [A] G.l U.S. international investment position.............. D-64 G.2 USDIA: Selected items.........................................D-65 G.3 Selected financial and operating data of foreign affiliates of U.S. companies............................D-66 G.4 FDIUS: Selected items.........................................D-67 G.5 Selected financial and operating data of U.S. affiliates of foreign companies...................... D-68 H. Charts B. NIPA-related table The United States in the international economy..... D-69 B.l Personal income and its disposition [A, M ]...... D-46 C. Historical measures [A, Q] C.l GDP and other major NIPA aggregates............. D-47 D. Charts Selected NIPA series................................................... D-51 Industry Data Regional Data I. State and regional tables 1.1 Personal income [Q].............................................D-70 1.2 Personal income and per capita personal income [A]..........................................D-71 1.3 Disposable personal income and per capita disposable personal income [A ].......................D-72 1.4 Gross domestic product by state [A]................... D-73 E. Industry table E.l Value added by industry [A]................................D-5 7 International Data F. Transactions tables F.l U.S. international transactions in goods and services [A, M]............................................D-58 F.2 U.S. international transactions [A, Q]................ D-59 F.3 U.S. international transactions by area [Q]........ D-60 F.4 Private services transactions [A]..........................D-63 J. Local area tables J.l Personal income and per capita personal income by metropolitan area [A]...................................D-74 J.2 Gross domestic product by metropolitan area for industries [A]...............................................D-79 K. Charts Selected regional estimates.........................................D-8 3 Appendixes A. Additional information about the NIPA estimates Statistical conventions................................................ D-85 Reconciliation table [A, Q ]........................................D-86 B. Suggested reading............................................... D-87 D-2 April 2009 National Data A. Selected NIPA Tables The selected set of NIPA tables presents the most recent estimates of gross domestic product (GDP) and its components, which were released on March 26, 2009. These estimates include the “final” estimates for the fourth quarter of 2008. The selected set presents quarterly estimates that are updated monthly. Annual estimates are presented in most of the tables. The GDP news release is available on BEA’s Web site within minutes after the release. To receive an e-mail noti fication of the release, go to www.bea.gov and subscribe. The “Selected NIPA Tables” are available later that day. 1. Domestic Product and Income Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product Table 1.1.2. Contributions to Percent Change in Real Gross Domestic Product [Percent] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Gross domestic product . .. Personal consumption expenditures.......................... Durable goods......................... Nondurable goods................... Services.................................. Gross private domestic investment.............................. Fixed investment...................... Nonresidential..................... Structures........................ Equipment and software Residential........................... Change in private inventories... Seasonally adjusted at annual rates Line 2008 I III II Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Nondefense......................... State and local......................... 2008 2007 IV 1 2.0 1.1 -0.2 0.9 2.8 -0.5 -6.3 2 2.8 4.8 2.5 0.2 -4.3 - 0.6 1.5 1.0 0.4 0.3 1.4 0.9 -4.3 -0.4 2.4 1.2 -4.3 - 2.8 3.9 0.7 -3.8 -14.8 -7.1 - 0.1 - 22.1 -9.4 1.5 1.6 11.2 -11.9 - 6.2 3.4 8.5 -5.8 -5.6 2.4 -3.0 - 20.8 1.0 8.6 - 0.6 -27.0 -25.1 -11.5 -1.7 2.5 18.5 -5.0 -13.3 0.4 -5.3 -1.7 9.7 -7.5 -16.0 -23.0 - 22.0 -21.7 -9.4 -28.1 - 22.8 II III IV Percentage points at annual rates: -6.7 -5.0 2008 I Percent change at annual rate: Gross domestic product.... 3 4 5 6 7 8 9 10 11 12 2.6 -5.4 -3.1 4.9 12.7 1.7 -17.9 Net exports of goods and Exports................................... Goods................................. Services.............................. Imports.................................... Goods.................................. Services.............................. 2007 IV 13 14 15 16 17 18 19 8.4 7.5 10.5 6.2 6.0 6.6 2.2 -3.5 -4.1 1.7 4.4 20 21 22 23 24 - 0.2 2.3 0.2 4.4 5.1 2.7 -2.3 - 2.6 -0.9 2.1 2.9 1.6 6.0 2.5 7.2 3.6 0.8 -0.5 -0.9 0.4 1.1 1.6 5.1 4.5 6.4 - 0.8 - 2.0 5.5 1.9 5.8 7.3 2.9 -0.3 12.3 16.3 3.8 -7.3 -7.1 - 8.0 3.9 6.6 7.3 5.0 2.5 3.0 3.7 1.4 -3.5 -4.7 3.3 5.8 13.8 18.0 5.1 1.3 -23.6 -32.0 -1.5 -17.5 -19.6 -6.7 1.3 7.0 3.4 15.3 - 2.0 Personal consumption expenditures.......................... Durable goods........................ Nondurable goods................... Services.................................. 1 2.0 1.1 -0.2 0.9 2.8 -0.5 -6.3 2 1.95 0.38 0.50 1.07 0.16 -0.33 -0.13 0.62 0.67 0.03 0.05 0.59 0.61 -0.33 -0.08 -2.75 -1.16 -1.57 -0.03 -2.99 -1.67 -1.97 1.02 0.87 - 0.21 0.80 0.28 -1.02 -0.76 0.17 0.39 - 0.22 -0.93 -0.26 -1.93 -0.97 0.36 0.29 0.07 -1.33 -0.96 -0.89 - 0.86 0.26 0.30 -0.04 - 1.12 - 0.02 -1.74 -0.25 0.27 0.64 -0.37 -0.52 -1.50 0.06 -0.79 -0.19 0.36 -0.55 -0.60 0.84 -3.47 -3.36 -2.56 -0.38 -2.18 -0.80 - 0.11 1.40 0.76 0.51 0.25 0.64 0.65 0.94 0.53 0.43 0.40 0.38 0.02 2.93 1.54 1.39 0.15 1.39 1.14 0.25 1.05 0.40 0.34 0.06 0.65 0.74 -0.09 -0.15 -3.44 -3.38 -0.06 3.29 3.09 - 0.01 0.77 0.63 0.39 0.24 0.14 0.29 -0.15 0.57 0.43 0.35 0.08 0.14 0.16 -0.04 -0.04 0.38 0.41 0.34 0.06 -0.03 0.78 0.47 0.36 1.14 0.97 0.85 0.11 0.12 0.31 0.17 0.26 0.52 0.18 0.34 -0.25 3 4 5 Gross private domestic investment............................. Fixed investment...................... Nonresidential...................... Structures Equipmem and software Residential........................... Change in private inventories... 10 11 12 -0.90 -0.50 0.52 0.40 0.13 - 1.02 -0.40 Net exports of goods and services................................. Exports................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. 13 14 15 16 17 18 19 0.58 0.95 0.59 0.36 -0.37 -0.25 - 0.12 20 21 22 0.40 Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Nondefense......................... State and local......................... 6 7 8 9 23 24 0.11 0.12 0.00 0.28 0.10 0.01 0.19 0.66 0.20 April 2009 Su r v e y of D-3 C u r r e n t B u sin ess Table 1.1.3. Real Gross Domestic Product, Quantity Indexes Table 1.1.4. Price Indexes for Gross Domestic Product [Index numbers, 2000=100] [Index numbers, 2000=100] Seasonally adjusted Seasonally adjusted Line 2007 2008 2007 IV Line 2008 I III II 1 117.388 118.692 118.374 118.631 119.460 119.308 117.369 Gross domestic product.... Personal consumption expenditures.......................... Durable goods......................... Nondurable goods................... Services.................................. 2 122.456 122.743 123.130 123.395 123.770 122.572 121.235 3 143.908 137.666 144.856 143.284 142.273 136.695 128.413 4 122.872 122.143 123.261 123.147 124.317 122.035 119.071 5 118.259 119.992 119.020 119.739 119.937 119.916 120.376 Gross private domestic investment.............................. Fixed investment...................... Nonresidential..................... Structures........................ Equipment and software Residential........................... Change in private inventories... 6 104.278 7 107.717 8 112.244 9 97.264 10 117.412 11 101.534 1? 97.328 102.375 114.069 108.180 113.939 80.436 102.639 106.503 114.819 102.076 118.636 92.110 101.110 104.969 115.504 104.206 118.470 85.698 98.071 104.522 116.212 108.716 116.961 82.692 98.169 91.961 103.102 96.907 115.714 108.847 111.257 108.543 114.709 105.616 79.154 74.201 138.111 134.948 145.916 129.038 129.326 127.856 135.189 132.219 142.570 133.254 134.315 128.185 136.880 133.690 144.792 132.991 133.654 129.913 140.908 138.826 146.131 130.509 131.212 127.217 141.943 140.079 146.640 129.367 129.653 128.249 Net exports of goods and 14 15 16 17 18 19 Gross domestic product.... Personal consumption expenditures.......................... Durable goods......................... Nondurable goods................... Services.................................. Gross private domestic investment.............................. Fixed investment...................... Nonresidential...................... Structures........................ Equipment and software Residential........................... Change in private inventories... Net exports of goods and 132.713 127.198 146.100 123.283 122.785 126.043 Exports.................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services............................... 20 116.871 120.250 117.879 118.443 119.594 121.288 121.674 21 130.078 137.913 131.610 133.488 135.628 140.080 142.457 22 135.596 145.318 137.694 140.125 142.621 148.643 149.882 Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Nondefense......................... State and local......................... 130.068 127.335 136.868 133.654 134.921 127.581 2008 Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Nondefense......................... State and local......................... 23 120.127 124.469 120.614 121.469 122.949 124.473 128.984 24 110.167 111.394 110.914 110.844 111.517 111.891 111.326 2007 2008 IV 1S Exports.................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. 2007 IV I II IV III 1 119.819 122.500 120.826 121.613 121.951 123.134 123.302 2 117.659 121.596 119.221 120.283 121.544 123.041 121.514 86.237 86.110 85.357 3 87.154 86.071 86.598 86.581 4 118.407 124.666 121.092 123.059 125.021 128.129 122.455 5 124.712 128.752 126.253 127.133 128.450 129.538 129.885 6 117.735 118.509 117.960 117.815 117.926 118.510 119.786 7 117.995 118.727 118.189 118.117 118.353 119.037 119.400 8 108.739 110.513 109.015 109.177 109.788 110.913 112.174 9 157.662 163.298 159.138 160.182 161.496 164.285 167.229 10 94.870 95.485 94.798 94.700 95.101 95.710 96.431 11 138.884 135.587 138.803 137.900 136.687 135.535 132.226 12 r-t 14 15 16 17 18 19 116.586 122.788 118.794 115.062 121.147 117.085 120.211 126.684 122.855 120.168 132.698 124.907 118.326 131.408 123.378 129.928 139.217 132.874 121.397 119.916 124.932 128.722 127.427 135.377 124.560 123.456 127.211 137.136 136.387 140.740 126.592 125.137 130.082 140.189 139.607 142.873 118.601 116.082 124.510 124.747 122.209 137.879 20 132.941 139.234 135.174 137.237 139.588 141.107 139.002 21 130.076 134.289 131.070 132.879 134.553 135.447 134.277 22 131.874 136.574 133.237 134.905 136.967 138.004 136.421 23 126.636 129.869 126.886 128.986 129.868 130.465 130.157 24 134.671 142.219 137.649 139.866 142.632 144.540 141.838 Table 1.1.5. Gross Domestic Product Table 1.1.6. Real Gross Domestic Product, Chained Dollars [Billions of dollars] [Billions of chained (2000) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2007 2008 2007 IV Gross domestic product.... Personal consumption expenditures.......................... Durable goods........................ Nondurable goods................... Services................................. Gross private domestic investment.............................. Fixed investment...................... Nonresidential..................... Structures........................ Equipment and software Residential........................... Change in private inventories... Net exports of goods and services................................. Exports................................... Goods................................. Services............................. Imports................................... Goods................................. Services............................. Government consumption expenditures and gross Investment............................. Federal................................... National defense.................. Nondefense........................ State and local........................ Line 2008 I II III 2007 2008 IV IV 1 13,807.5 14,264.6 14,031.2 14,150.8 14,294.5 14,412.8 14,200.3 2007 Gross domestic product.... 1,071.0 2,950.7 5,980.6 1,059.3 3,026.2 6,052.5 1,016.2 3,044.6 6,102.7 946.3 2,839.0 6,142.5 6 2,130.4 1,993.5 2,092.3 2,056.1 508.7 1,033.4 571.3 - 21.1 2,081.7 1,553.6 522.7 1,030.9 528.1 -25.6 2,000.9 2,077.0 1,571.9 549.8 1,022.1 505.0 -76.0 2,010.9 2,060.6 1,581.2 572.4 1,008.8 479.4 -49.7 1,906.1 1,942.7 1,504.3 568.4 935.8 438.4 -36.6 Gross private domestic investment.............................. Fixed investment...................... Nonresidential...................... Structures........................ Equipment and software... Residential........................... Change in private inventories ... 9 10 11 12 304.6 1,078.9 453.8 -2.5 338.8 1,047.0 359.5 -29.0 319.7 1,090.1 411.6 - 8.1 -669.2 -696.7 1,859.4 1,759.7 1,283.1 1,213.7 576.3 546.0 2,528.6 2,456.5 2,115.2 2,060.9 413.4 395.6 -705.7 1,820.8 1,256.9 563.9 2,526.5 2,118.0 408.5 -718.2 1,923.2 1,343.7 579.5 2,641.4 2,225.5 415.9 -707.7 1,968.9 1,374.3 594.6 2,676.6 2,251.0 425.6 -545.1 1,724.7 1,157.6 567.1 2,269.7 1,866.1 403.6 Net exports of goods and services................................. Exports.................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. 13 14 15 16 17 18 19 -546.5 1,425.9 998.7 426.9 1,972.4 1,677.7 296.4 -390.2 1,514.1 1,058.5 455.2 1,904.3 1,608.1 297.0 Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Nondefense......................... State and local......................... Residual...................................... 20 21 22 23 24 25 2,012.1 752.9 502.1 250.4 1,259.0 -55.1 2,070.2 798.2 538.1 259.5 1,273.0 -24.7 3 4 5 7 1,082.8 2,833.0 5,794.4 2,134.0 1,023.2 2,965.1 6,069.6 2,040.5 1,083.0 2,906.2 5,903.5 2,113.4 8 1,503.8 1,552.8 1,542.1 9 480.3 10 1,023.5 11 630.2 12 -3.6 13 14 15 16 17 18 19 -707.8 1,662.4 1,149.2 513.2 2,370.2 1,985.2 385.1 553.4 999.4 487.7 -47.0 20 2,674.8 2,882.4 2,742.9 2,798.1 2,873.7 2,946.1 2,911.4 21 998.3 1,026.5 1,056.1 1,098.0 1,107.0 979.3 1,071.9 22 662.2 734.9 679.3 699.9 723.3 759.5 757.0 23 24 317.1 1,695.5 337.0 1,810.4 319.0 1,744.6 326.6 1,771.6 332.9 1,817.6 338.5 1,848.1 350.0 1,804.4 II III IV 1 11,523.9 11,652.0 11,620.7 11,646.0 11,727.4 11,712.4 11,522.1 Personal consumption expenditures.......................... Durable goods......................... Nondurable goods................... Services.................................. 2 9,710.2 10,057.9 9,892.7 10,002.3 10,138.0 10,163.5 9,927.9 2008 I 2 8,252.8 8,272.1 3 4 5 1,242.4 2,392.6 4,646.2 1,188.5 2,378.4 4,714.3 6 1,809.7 1,689.1 7 1,808.5 1,718.9 8,298.2 1,250.6 2,400.2 4,676.1 8,316.1 1,237.0 2,397.9 4,704.3 8,341.3 1,228.3 2,420.7 4,712.1 8,260.6 1,180.1 2,376.3 4,711.3 8,170.5 1,108.6 2,318.6 4,729.4 1,781.3 1,788.2 1,754.7 1,762.4 326.4 1,088.6 383.0 -10.2 1,702.0 1,754.9 1,431.8 340.5 1,074.7 369.6 -50.6 1,703.7 1,731.1 1,425.7 348.4 1,054.0 353.7 -29.6 1,596.0 1,627.0 1,341.1 339.9 970.5 331.6 -25.8 -484.5 1,482.1 1,037.0 444.7 1,966.5 1,670.2 297.8 -462.0 1,500.6 1,048.6 451.7 1,962.6 1,662.0 301.8 -381.3 1,544.7 1,088.9 455.8 1,926.0 1,631.6 295.5 -353.1 1,556.1 1,098.7 457.4 1,909.1 1,612.2 297.9 -364.5 1,454.9 997.7 455.7 1,819.4 1,526.8 292.8 2,029.4 761.7 509.9 251.5 1,267.5 -62.1 2,039.1 772.6 518.9 253.2 1,266.7 -56.3 2,058.9 785.0 528.1 256.3 1,274.4 -44.3 2,088.1 810.8 550.4 259.5 1,278.7 -16.4 2,094.7 824.5 555.0 268.9 1,272.3 19.3 8 1,382.9 1,405.4 1,414.7 1,423.1 N ote. Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. D-4 National Data Table 1.1.7. Percent Change From Preceding Period in Prices for Gross Domestic Product April 2009 Table 1.1.8. Contributions to Percent Change in the Gross Domestic Product Price Index [Percent] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Gross domestic product . .. Personal consumption expenditures.......................... Durable goods......................... Nondurable goods................... Services................................. Gross private domestic investment.............................. Fixed investment...................... Nonresidential..................... Structures........................ Equipment and software Residential........................... Change in private inventories... Net exports of goods and services................................. Exports.................................... Goods.................................. Services.............................. Imports.................................... Goods.................................. Services.............................. Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Nondefense......................... State and local......................... Addendum: Gross national product............ Seasonally adjusted at annual rates 2008 I II Line III 2.7 2.2 2.8 2.6 1.1 3.9 0.5 2.6 3.3 4.3 3.6 4.3 5.0 3 4 5 - 1.8 3.0 3.3 - 1.2 5.3 3.2 - 1.6 8.4 3.5 - 0.1 6.7 - 1.6 6.5 4.2 - 0.6 10.3 3.4 -4.9 -3.5 -16.6 6 1.4 1.4 1.4 3.8 0.3 1.5 0.7 1.3 -0.5 - 0.2 0.4 0.6 2.3 3.3 1.7 -3.5 2.0 2.3 4.2 7.1 9 10 11 12 1.2 0.6 1.6 0.6 1.7 4.5 0.4 -2.4 0.0 3.6 2.7 -0.4 - 2.6 0.8 2.6 -3.3 1.1 4.4 1.2 4.6 7.4 3.0 -9.4 1H 14 15 16 17 18 19 20 21 22 23 24 25 3.5 3.5 3.5 3.7 3.6 3.7 4.5 3.4 3.5 3.1 5.1 2.7 5.3 5.3 5.4 10.4 6.2 6.0 6.6 12.8 11.1 14.5 4.5 7.1 4.7 3.2 3.6 2.6 10.8 10.0 12.3 7.5 28.8 31.2 16.8 6.9 12.8 13.8 7.8 5.1 2.3 3.1 0.5 5.6 9.1 6.8 2.2 6.2 5.6 5.1 2.8 6.2 7.0 5.1 6.3 6.8 6.6 6.7 5.6 9.3 9.2 9.8 4.4 2.7 3.1 1.9 5.5 2.8 8.1 1.1 2.6 -23.0 -26.0 -16.1 -37.3 -41.3 -13.3 -5.8 -3.4 -4.5 -0.9 -7.3 0.6 3.9 2008 I II III IV Percent change at annual rate: Gross domestic product.... 7 2007 IV 1 8 2008 IV 2 2.8 2007 1 2.7 2.2 2.8 2.6 1.1 3.9 0.5 2 3 4 5 1.83 -0.15 0.61 1.36 2.34 - 0.10 1.08 1.36 2.99 - 0.12 2.53 - 0.01 1.35 1.18 2.96 - 0.12 1.33 1.75 3.52 -0.04 -3.51 -0.24 -3.73 0.46 6 0.23 0.22 8 0.15 0.13 0.09 0.09 0.18 0.13 0.05 -0.09 0.21 0.19 0.19 0.16 0.03 -0.07 -0.04 0.07 0.05 7 0.12 0.12 0.28 0.34 0.45 0.27 0.18 0.58 0.17 0.49 0.28 -0.13 -0.06 - 0.12 -0.05 -0.32 0.41 -0.75 0.84 0.27 -2.13 -1.92 - 0.21 -3.26 1.36 1.06 0.29 -4.61 -4.16 -0.45 4.71 -3.36 -2.65 -0.71 8.07 7.66 0.41 1.20 0.40 0.25 0.15 0.80 1.36 0.37 0.30 0.06 0.99 Percentage points at annual rates: Personal consumption expenditures Durable goods Nondurable goods................... Services.... Gross private domestic investment.............................. Fixed investment...................... Nonresidential...................... Structures........................ Equipment and software ... Residential........................... Change in private inventories... 10 11 12 0.02 0.01 0.00 Net exports of goods and services................................. Exports................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. 13 14 15 16 17 18 19 -0.21 0.41 0.28 -1.12 Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Nondefense......................... State and local......................... 9 20 21 22 23 24 0.08 0.66 0.46 0.12 0.21 -0.62 -0.52 - 0.10 -1.78 -1.58 - 0.20 0.85 0.24 0.17 0.07 0.61 0.92 0.23 0.17 0.06 0.69 1.66 1.44 0.00 0.02 -1.34 0.75 0.51 0.25 -2.09 -1.97 - 0.12 0.98 0.16 0.15 0.01 0.82 0.10 -0.03 - 0.10 -0.04 -1.02 1.11 0.12 0.25 2.11 1.45 0.88 0.52 0.37 -1.63 -1.46 -0.18 0.89 0.20 0.16 0.04 0.69 Table 1.1.9. Implicit Price Deflators for Gross Domestic Product -1.23 -0.27 -0.24 - 0.02 -0.96 Table 1.1.10. Percentage Shares of Gross Domestic Product [Index numbers, 2000=100] 0.20 [Percent] Seasonally adjusted 2007 Line Line 2007 2008 IV Gross domestic product. .. Personal consumption expenditures.......................... Durable goods......................... Nondurable goods................... Services.................................. Gross private domestic investment.............................. Fixed investment...................... Nonresidential..................... Structures........................ Equipment and software Residential........................... Change in private inventories... Net exports of goods and services.................................. Exports................................... Goods.................................. Services.............................. Imports................................... Goods.................................. Services.............................. Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Nondefense......................... State and local......................... Addendum: Gross national product............ I II III IV 121.588 119.215 86.092 86.600 124.671 121.085 128.748 126.248 120.277 86.584 123.053 127.128 121.539 86.240 125.014 128.445 123.036 86.113 128.123 129.532 121.509 85.360 122.448 129.880 6 117.718 118.023 117.462 117.174 117.564 118.032 119.434 7 117.995 118.711 118.188 118.116 118.352 119.035 119.399 8 108.740 110.484 109.010 109.173 109.784 110.909 112.170 9 157.661 10 94.870 11 138.885 1? 163.325 95.457 135.676 159.129 94.797 138.780 160.172 94.699 137.878 161.486 95.099 136.665 164.276 95.708 135.512 167.219 96.429 132.204 1U 14 15 16 17 18 19 116.585 115.062 120.210 120.168 118.326 129.929 122.805 118.735 121.225 117.035 126.604 122.771 132.782 124.915 131.529 123.392 139.194 132.861 121.337 119.864 124.847 128.730 127.441 135.364 124.498 123.403 127.124 137.144 136.403 140.727 126.528 125.083 129.992 140.198 139.623 142.859 118.541 116.031 124.426 124.755 122.223 137.866 20 132.940 139.229 135.159 137.223 139.573 141.092 138.987 21 130.077 134.291 131.057 132.867 134.540 135.435 134.265 22 131.874 136.573 133.217 134.885 136.946 137.983 136.400 23 24 126.636 134.671 129.874 142.212 126.883 137.638 128.984 139.854 129.865 142.619 130.463 144.527 130.154 141.825 25 119.813 122.407 120.737 121.495 121.876 123.037 123.226 I II III IV 1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 2 70.3 7.8 20.5 42.0 70.5 7.2 70.5 7.7 20.7 42.1 70.7 7.6 20.9 42.3 70.9 7.4 70.5 7.1 69.9 6.7 14.9 15,1 14.5 14.7 11.0 11.0 3.6 7.4 4.1 3.7 7.3 3.7 - 0.2 -5.0 12.5 8.7 3.9 17.5 14.7 2.8 -4.7 13.0 9.0 4.0 17.7 14.8 2.9 19.4 7.1 4.8 2.3 12.3 20.2 7.5 5.2 2.4 12.7 Gross domestic product.... Personal consumption expenditures.......................... Durable goods......................... Nondurable goods................... Services................................... Gross private domestic investment............................. Fixed investment...................... Nonresidential...................... Structures........................ Equipment and software... Residential........................... Change in private inventories... 10 11 12 Net exports of goods and services................................. Exports................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. 13 14 15 16 17 18 19 -5.1 20 21 22 Government consumption expenditures and gross investment............................. Federal.................................... National defense.................. Nondefense......................... State and local......................... 2008 2008 IV 1 119.816 122.422 120.743 121.508 121.890 123.056 123.244 2 117.659 3 87.154 4 118.408 5 124.712 2007 2008 2007 3 4 5 6 7 8 9 23 24 15.4 15.5 10.9 3.5 7.4 4.6 0.0 12.0 8.3 3.7 17.2 14.4 20.8 42.5 14.0 14.3 10.9 3.9 7.0 3.4 -0.3 21.2 21.1 20.0 42.3 42.3 43.3 14.0 14.5 14.0 14.3 13.4 13.7 11.0 11.0 10.6 4.0 7.0 3.3 -0.3 4.0 - 0.2 3.8 7.2 3.5 -0.5 -5.0 13.5 9.4 4.1 18.5 15.6 2.9 -4.9 13.7 9.5 4.1 18.6 15.6 3.0 -3.8 2.8 -5.0 12.9 8.9 4.0 17.9 15.0 2.9 19.5 7.1 4.8 2.3 12.4 19.8 7.3 4.9 2.3 12.5 20.1 7.4 5.1 2.3 12.7 20.4 7.6 5.3 2.3 20.5 7.8 5.3 2.5 12.7 12.8 6.6 3.1 -0.3 12.1 8.2 4.0 16.0 13.1 2.8 April 2009 Sur v ey D-5 C u r r e n t B u sin ess of Table 1.2.2. Contributions to Percent Change in Real Gross Domestic Product by Major Type of Product Table 1.2.1. Percent Change From Preceding Period in Real Gross Domestic Product by Major Type of Product [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2007 2008 2007 IV Gross domestic product...... Final sales of domestic product........................... Change in private Line 2008 I III II 2.0 1.1 - 0.2 0.9 2.8 -0.5 -6.3 2.4 1.4 0.8 0.9 4.4 -1.3 - 6.2 3.1 4.5 1.0 1.8 0.0 0.9 4.9 3.2 1.0 10.1 -4.2 -6.7 -19.2 -18.7 S 10 11 1? 2.3 3.4 Services 2..................................... 13 2.8 Structures.................................... Addenda: Motor vehicle output................... Gross domestic product excluding motor vehicle output Final sales of computers 3.......... Gross domestic product excluding final sales of computers.............................. Gross domestic purchases excluding final sales of computers to domestic purchasers............................. fi 7 8 4.2 5.9 1.2 5.8 7.3 0.7 0.9 -5.9 1.4 6.4 -5.4 - 22.2 -21.3 0.6 -4.4 2.3 0.0 1.1 1.1 14.1 17.4 - 11.6 -7.7 -16.8 -16.7 1.4 q 2.2 1.3 2.7 1.7 1.5 1.9 14 -5.0 -5.1 -9.3 - 10.1 3.3 - 1.0 -13.8 15 - 1.1 -17.7 -25.7 -14.2 -33.8 7.3 -62.8 16 17 2.1 21.3 1.7 18.5 0.7 23.7 1.3 8.2 -0.7 -1.7 4.0 28.4 -4.5 -4.8 18 1.9 1.0 -0.3 0.8 2.7 -0.5 -6.4 19 1.2 -0.4 -1.3 0.0 -0.3 -1.4 -5.7 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these sen/ices are valued at their cost of production. 3. Some components of final sales of computers include computer parts. 2008 2007 IV 1 4 5 2008 IV 2 Goods........................................... Final sales.............................. Change in private inventories Durable goods........................... Final sales.............................. Change in private inventories 1 Nondurable goods...................... Final sales.............................. Change in private inventories 1 2007 I II III IV 2.8 -0.5 -6.3 Percent change at annual rate: 2.0 1 2 2.43 1.37 0.79 0.89 4.32 -1.35 -6.23 3 -0.26 -0.96 - 0.02 -1.50 0.84 - 0.11 0.01 0.29 0.31 - 0.02 1.49 2.98 -1.50 -0.80 -1.29 -2.13 0.84 0.82 -0.74 1.56 - 2.11 -1.39 -0.71 -6.16 -6.05 - 0.11 -3.15 -3.00 -0.15 -3.01 -3.05 0.04 Goods........................................... Final sales.............................. Change in private inventories Durable goods........................... Final sales.............................. Change in private inventories 1 Nondurable goods...................... Final sales............................... Change in private inventories 1 10 11 12 -0.40 0.97 1.37 -0.40 0.57 0.80 -0.23 0.40 0.57 -0.17 Services 2..................................... 13 1.61 Structures..................................... 14 Addenda: Motor vehicle output................... Gross domestic product excluding motor vehicle output............... Final sales of computers 3.......... Gross domestic product excluding final sales of computers.......... 4 5 1.1 - 0.2 Gross domestic product...... Percentage points at annual rates: Final sales of domestic product............................ Change in private inventories...................... 0.31 0.57 -0.26 0.9 0.10 0.97 -0.96 0.78 0.97 -0.19 -0.77 0.39 -0.28 0.00 - 0.02 0.19 0.19 -0.77 0.00 1.32 0.79 1.62 1.02 0.87 1.17 -0.55 -0.52 -0.97 -1.03 0.32 -0.09 -1.35 15 -0.03 -0.50 - 0.86 -0.41 - 1.01 0.16 - 2.01 16 17 2.06 0.13 1.61 0.12 0.69 0.14 1.28 0.05 3.84 0.17 -0.67 - 0.01 -4.34 - 0.02 18 1.90 1.00 -0.31 0.82 2.66 -0.50 -6.32 6 7 8 9 0.20 0.18 0.03 0.10 0.12 0.20 - 1.00 2.29 2.79 -0.49 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. Table 1.2.3. Real Gross Domestic Product by Major Type of Product, Quantity Indexes Table 1.2.4. Price Indexes for Gross Domestic Product by Major Type of Product [Index numbers, 2000=100] [Index numbers, 2000=100] Seasonally adjusted Seasonally adjusted Line 2007 2008 2007 IV Gross domestic product...... Final sales of domestic product........................... Change in private Line 2008 I II III 2 118.062 119.677 119.133 119.397 120.679 120.273 118.357 Structures.................................... Addenda: Motor vehicle output................... Gross domestic product excluding motor vehicle output Final sales of computers 3.......... Gross domestic product excluding final sales of computers.............................. Gross domestic purchases excluding final sales of computers to domestic purchasers.............................. IV Gross domestic product...... Final sales of domestic product........................... Change in private 13 118.248 120.874 119.317 120.128 120.637 121.075 121.655 Goods........................................... Final sales............................... Change in private inventories Durable goods........................... Final sales.............................. Change in private inventories 1 Nondurable goods...................... Final sales.............................. Change in private inventories 1 Services 2..................................... 14 101.904 96.687 97.097 97.897 97.653 94.103 Structures..................................... 15 113.904 93.768 110.163 106.030 95.654 97.343 76.043 6 124.986 127.148 127.375 125.460 127.422 119.686 128.332 130.498 130.779 131.235 129.429 121.887 121.807 121.691 122.025 126.129 122.284 116.788 124.829 123.382 123.725 128.779 126.215 120.596 99.726 16 117.488 119.435 118.620 119.009 120.173 119.967 118.590 17 278.889 330.612 310.796 317.000 337.452 336.042 331.953 18 116.612 117.780 117.510 117.751 118.531 118.382 116.455 19 117.129 116.693 117.389 117.388 117.301 116.900 115.183 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. 2007 2008 I II III IV 1 119.819 122.500 120.826 121.613 121.951 123.134 123.302 2 119.853 122.528 120.856 121.653 122.008 123.204 123.245 S 4 121.819 123.007 123.877 124.165 125.657 124.327 117.882 5 123.980 126.238 126.345 126.661 129.733 127.497 121.063 7 123.215 8 126.764 q 10 121.079 11 122.064 1? 2008 IV 1 117.388 118.692 118.374 118.631 119.460 119.308 117.369 'A Goods........................................... Final sales............................. Change in private inventories Durable goods........................... Final sales............................. Change in private inventories 1 Nondurable goods...................... Final sales.............................. Change in private inventories 1 Services 2..................................... 2007 Addenda: Motor vehicle output................... Gross domestic product excluding motor vehicle output Final sales of computers 3.......... Gross domestic product excluding final sales of computers.............................. 4 101.692 101.454 101.528 101.688 100.206 101.245 102.677 5 101.662 101.413 101.485 101.675 100.257 101.327 102.392 fi 7 8 90.584 90.447 89.051 89.039 89.828 89.712 89.625 89.522 88.743 88.703 88.924 88.935 88.911 88.998 q 10 112.039 113.086 112.458 112.983 110.919 112.791 115.652 11 112.124 113.022 112.504 113.075 111.074 112.954 114.985 1? 13 126.792 131.428 128.542 129.814 131.357 132.626 131.916 14 145.862 148.205 147.015 147.227 147.509 148.667 149.414 15 96.738 94.271 96.322 95.413 94.710 94.312 92.648 16 120.718 123.577 121.778 122.625 122.998 124.232 124.452 17 29.500 24.809 27.141 26.310 25.177 24.327 23.420 18 121.184 124.054 122.275 123.102 123.482 124.715 124.916 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. D-6 National Data April 2009 Table 1.2.5. Gross Domestic Product by Major Type of Product Table 1.2.6. Real Gross Domestic Product by Major Type of Product, Chained Dollars [Billions of dollars] [Billions of chained (2000) dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Addenda: Motor vehicle output................... Gross domestic product excluding motor vehicle output Final sales of computers 3.......... Gross domestic product excluding final sales of computers.............................. II III -3.6 -47.0 - 21.1 -25.6 -76.0 -49.7 -36.6 4,272.7 4,276.4 -3.6 1,885.4 1,895.6 - 10.2 2,387.3 2,380.8 6.5 4,296.0 4,342.9 -47.0 1,880.5 1,889.5 -9.0 2,415.5 2,453.5 -38.0 4,329.4 4,350.5 - 21.1 1,929.7 1,935.8 - 6.1 2,399.7 2,414.6 -14.9 4,343.9 4,369.5 -25.6 1,928.7 1,935.9 -7.2 2,415.2 2,433.6 -18.4 4,337.1 4,413.1 -76.0 1,881.0 1,924.9 -43.9 2,456.1 2,488.2 -32.1 4,333.6 4,383.3 -49.7 1,914.2 1,903.4 10.9 2,419.4 2,480.0 -60.5 4,169.3 4,205.9 -36.6 1,798.0 1,793.7 4.3 2,371.3 2,412.2 -40.8 8,134.5 8,618.8 8,320.7 8,460.2 8,597.0 8,706.4 1,400.3 1,349.8 1,381.2 1,346.7 1,360.4 8,711.5 1,367.7 Goods.......................................... Final sales.............................. Change in private inventories Durable goods........................... Final sales.............................. Change in private inventories 1 Nondurable goods..................... Final sales.............................. Change in private inventories 1 1,324.6 Services 2..................................... 257.2 Structures.................................... Residual........................................ 8 9 10 11 12 13 14 15 402.2 322.4 387.1 368.5 330.4 333.5 16 13,405.3 13,942.2 13,644.1 13,782.3 13,964.1 14,079.3 13,943.2 90.4 17 90.7 90.4 93.3 92.3 94.0 86.0 18 13,717.1 14,173.9 13,937.9 14,058.6 14,200.5 14,322.4 14,114.3 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Indus trial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. 2007 2008 Addenda: Motor vehicle output.................. Gross domestic product excluding motor vehicle output Final sales of computers 3......... Gross domestic product excluding final sales of computers.............................. I II IV III 1 11,523.9 11,652.0 11,620.7 11,646.0 11,727.4 11,712.4 11,522.1 Gross domestic product..... Final sales of domestic product........................... Change in private inventories..................... Residual............................. 3 7 2008 IV 4 5 6 2007 IV 2 13,811.2 14,311.6 14,052.3 14,176.4 14,370.5 14,462.5 14,236.9 Goods........................................... Final sales.............................. Change in private inventories Durable goods........................... Final sales.............................. Change in private inventories 1 Nondurable goods...................... Final sales.............................. Change in private inventories 1 Structures..................................... I Line 1 13,807.5 14,264.6 14,031.2 14,150.8 14,294.5 14,412.8 14,200.3 Gross domestic product Final sales of domestic product........................... Change in private inventories...................... Services 2..................................... Seasonally adjusted at annual rates 2008 2 11,523.4 11,681.0 11,628.0 11,653.7 11,778.8 11,739.2 11,552.2 3 4 -2.5 3.0 -29.0 0.8 - 10.2 2.5 -50.6 - 0.8 -29.6 0.0 5 13 4,201.9 4,206.5 -2.5 2,081.6 2,095.8 -8.7 2,131.0 2,123.3 5.3 4,272.9 4,286.7 - 8.1 2,148.0 2,157.5 -5.2 2,141.7 2,146.3 -3.2 4,282.9 4,297.4 - 10.2 2,151.8 2,162.2 - 6.1 2,147.6 2,152.2 -4.3 4,334.3 4,401.6 -50.6 2,119.5 2,169.7 -36.1 2,219.8 2,240.2 -16.9 6,415.6 6,473.6 6,517.6 6,545.3 4,288.5 4,325.8 -29.6 2,152.6 2,139.9 9.3 2,152.2 2,195.6 -34.3 6,569.0 4,066.1 4,107.5 -25.8 2,021.9 2,015.2 3.9 2,055.4 2,097.8 -27.0 14 4,243.0 4,283.1 -29.0 2,111.5 2,121.7 -7.2 2,143.8 2,171.4 - 20.6 6,558.1 15 16 960.0 -67.4 910.8 -82.2 939.5 -87.8 914.7 -90.3 922.2 -97.0 919.9 -87.0 886.5 -54.8 17 415.7 342.2 402.1 387.0 349.1 355.3 277.5 6 7 8 9 10 11 12 - 8.1 2.8 -25.8 -4.3 6,600.5 18 11,105.0 11,289.0 11,212.0 11,248.7 11,358.8 11,339.3 11,209.1 19 306.6 363.5 341.7 371.0 364.9 348.5 369.4 20 11,319.6 11,432.9 11,406.7 11,430.1 11,505.8 11,491.4 11,304.3 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Indus trial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. Note. Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line following change in private inventories is the difference between gross domestic product and the sum of final sales of domestic product and of change in private inventories; the residual line following structures is the difference between gross domestic product and the sum of the detailed lines of goods, of services, and of structures. Table 1.3.1. Percent Change From Preceding Period in Real Gross Value Added by Sector Table 1.3.3. Real Gross Value Added by Sector, Quantity Indexes [Percent] [Index numbers, 2000=100] Seasonally adjusted at annual rates Line 2007 2008 2007 Gross domestic product.... Business 1.................................. Nonfarm 2................................ Farm....................................... Households and institutions.... Households............................. Nonprofit institutions serving households3 ....................... 1 2 2.0 2.0 2.0 1.1 0.8 0.8 - 0.2 9.7 -1.9 6 2.7 3.0 2.3 1.7 8.2 1.1 0.6 7 2.2 3.0 8 2.1 1.8 1.6 3 4 5 2008 I IV - 0.6 -0.7 Seasonally adjusted Line II 2007 IV 2008 I III IV -6.3 -10.7 - 1.8 -1.9 7.1 -8.5 - 8.8 26.1 4.5 5.0 4.5 5.5 -0.3 - 1.6 3.5 3.7 3.3 1.4 Households and institutions.... Households.............................. Nonprofit institutions serving households 3........................ 2.2 2.4 4.3 2.2 6.8 0.2 General government4............... Federal..................................... State and local......................... 8 108.403 110.718 109.058 109.661 110.322 111.147 111.742 9 107.655 111.668 108.402 109.403 110.570 112.424 114.275 10 108.732 110.297 109.346 109.773 110.210 110.581 110.625 -1.3 Addendum: Gross housing value added 11 115.030 117.477 115.914 115.635 117.179 118.749 118.347 0.8 - 1.2 9 1.3 0.7 1.6 3.7 1.4 1.4 1.7 3.7 10 1.6 1.6 3.0 6.9 1.4 Addendum: Gross housing value added..... 11 3.7 2.1 1.0 - 1.0 5.4 5.5 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. Gross domestic product.... Business 1................................. Nonfarm 2 ................................ Farm....................................... 1 117.388 118.692 118.374 118.631 2 119.063 119.985 120.127 120.328 3 118.951 119.919 119.992 120.265 4 127.943 125.547 130.659 125.276 5 115.821 118.493 116.647 116.894 6 118.550 120.623 119.201 118.834 II -0.5 0.9 0.7 0.9 -15.5 General government4............... Federal................................... State and local......................... 2008 IV III 2.8 2.6 2.8 2007 7 112.654 116.047 113.691 119.460 119.308 117.369 121.115 120.573 117.925 121.106 120.532 117.775 121.771 123.878 131.263 118.174 119.490 119.414 120.301 121.920 121.436 114.675 115.732 116.684 117.098 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. April 2009 Su r v e y D-7 C u r r e n t B u sin ess of Table 1.3.4. Price Indexes for Gross Value Added by Sector Table 1.3.5. Gross Value Added by Sector [Index numbers, 2000=100] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted Line 2007 2008 2007 IV Gross domestic product.... Business 1.................................. Nonfarm 2................................ Farm....................................... Line 2008 I II III 2008 2007 2008 IV IV 1 119.819 122.500 120.826 121.613 121.951 123.134 123.302 2 116.631 118.821 117.437 118.051 118.251 119.505 119.478 3 116.321 118.529 117.008 117.637 117.860 119.226 119.395 4 149.982 150.179 162.934 162.072 159.800 149.255 129.587 Households and institutions.... Households............................. Nonprofit institutions serving households 3 ....................... General government4............... Federal.................................... State and local......................... Addendum: Gross housing value added 7 132.840 137.292 134.758 136.128 136.640 137.722 138.680 II III IV 3 10,505.1 10,791.2 10,659.1 10,739.2 10,838.2 10,910.2 10,677.3 124.1 114.5 143.4 135.5 131.3 4 137.3 126.3 5 1,582.0 1,674.3 1,617.4 1,638.1 1,664.0 1,692.2 1,702.9 940.7 943.4 908.1 924.5 882.1 929.2 900.9 6 Households and institutions.... Households.............................. Nonprofit institutions serving households 3........................ 8 136.547 141.248 138.142 139.658 140.764 141.853 142.718 I 1 13,807.5 14,264.6 14,031.2 14,150.8 14,294.5 14,412.8 14,200.3 2 10,642.3 10,917.6 10,802.5 10,874.7 10,969.5 11,034.3 10,791.8 Gross domestic product.... Business 1................................. Nonfarm 2 ............................... Farm....................................... 5 126.083 130.431 127.999 129.363 129.987 130.735 131.640 6 120.862 125.122 122.770 124.126 124.831 125.332 126.198 7 699.9 730.0 716.5 745.1 739.5 751.5 759.4 8 1,583.2 1,672.7 1,611.3 1,638.0 1,661.0 1,686.3 1,705.7 10 134.010 139.063 136.102 137.167 138.343 139.758 140.982 General government4............... Federal.................................... State and local......................... 10 1,099.0 1,156.8 1,122.4 1,135.6 1,149.9 1,165.6 529.4 1,176.2 11 121.146 125.509 123.054 124.357 125.104 125.781 126.795 Addendum: Gross housing value added... 11 1,191.8 9 142.629 146.493 143.022 145.621 146.562 146.879 146.908 9 484.2 1,106.9 515.9 1,171.1 502.4 488.9 1,132.9 1,142.1 Table 1.3.6. Real Gross Value Added by Sector, Chained Dollars [Billions of chained (2000) dollars] Seasonally adjusted at annual rates Line 2007 2007 2008 2008 IV Gross domestic product........................................... Business 1.......................................................................... Nonfarm 2........................................................................ Farm................................................................................ Households and institutions............................................ Households..................................................................... Nonprofit institutions serving households 3...................... General government4....................................................... Federal............................................................................ State and local................................................................. Residual............................................................................... Addendum: Gross housing value added............................................. 1 2 11,652.0 11,620.7 9,198.9 9,108.1 89.8 1,251.7 729.9 523.9 10 11 1,159.5 339.5 820.1 -15.5 12 913.7 5 6 7 8 9 II I 11,523.9 9,128.2 9,034.5 91.5 3 4 IV III 11,727.4 11,712.4 11,522.1 9,209.7 9,113.6 93.5 11,646.0 9,225.2 9,134.3 89.6 9,285.5 9,198.2 87.1 9,243.9 9,154.6 88.6 9,040.9 8,945.2 93.9 1,280.6 742.6 539.7 1,260.6 733.9 528.7 1,263.3 731.6 533.3 1,277.1 740.6 538.2 1,291.3 750.6 542.7 1,290.5 747.6 544.6 1,184.2 352.2 831.9 -12.3 1,166.5 341.9 824.7 -15.6 1,172.9 345.0 827.9 -15.7 1,180.0 348.7 831.2 -16.6 1,188.8 354.5 834.0 - 12.6 1,195.2 360.4 834.4 -4.0 933.1 920.7 918.5 930.7 943.2 940.0 4. Equals compensation of general government employees plus general government consumption of fixed capital. N ote. Chained (2000) dollar series are calculated as the product of the chaintype quantity index and the 2000 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar esti mates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by nonprofit institutions. Table 1.4.1. Percent Change From Preceding Period in Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers [Percent] Seasonally adjusted at annual rates Line 2007 2008 2007 IV 1 2 2.0 8.4 6.2 3 4 S 2.2 Equals: Final sales to domestic purchasers.................... Addendum: Final sales of domestic product....................................... Gross domestic product................................................... Less: Exports of goods and services.................................. Plus: Imports of goods and services.................................... Equals: Gross domestic purchases................................. 511.1 1,164.3 520.7 1,186.3 1. Equals gross domestic product excluding gross value added of households and institutions and of general govern ment. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. 1. Equals gross domestic product excluding gross value added of households and institutions and of general govern ment. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. 2007 2008 I -3.5 -0.2 4.4 -2.3 1.4 -0.3 6 1.8 7 2.4 III II IV - 0.8 2.8 12.3 -7.3 -0.5 3.0 -3.5 -6.3 -23.6 -17.5 -1.0 0.1 -0.1 -1.5 -5.9 0.0 -0.1 0.1 1.3 -2.3 -5.8 1.4 0.8 0.9 4.4 -1.3 - 6.2 1.1 0.9 5.1 D-8 National Data April 2009 Table 1.4.3. Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers, Quantity Indexes Table 1.4.4. Price Indexes for Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers [Index numbers, 2000=100] [Index numbers, 2000=100] Seasonally adjusted Line 2007 2008 2007 I IV Gross domestic product........... Less: Exports of goods and services.................................. Plus: Imports of goods and services.................................. Equals: Gross domestic purchases.............................. Less: Change in private inventories............................... Equals: Final sales to domestic purchasers............................ Addendum: Final sales of domestic product Seasonally adjusted 2008 II Line III 2 130.068 138.111 135.189 136.880 140.908 141.943 132.713 4 118.343 129.038 118.033 133.254 118.700 132.991 118.726 130.509 118.694 129.367 118.255 123.283 116.457 5 6 118.995 118.971 119.427 119.461 119.853 119.173 117.397 7 118.062 119.677 119.133 119.397 120.679 2008 IV 1 117.388 118.692 118.374 118.631 119.460 119.308 117.369 3 133.654 2007 120.273 118.357 2007 2008 IV Gross domestic product........... Less: Exports of goods and services.................................. Plus: Imports of goods and services.................................. Equals: Gross domestic purchases.............................. Less: Change in private inventories.............................. I II III IV 1 119.819 122.500 120.826 121.613 121.951 123.134 123.302 2 116.586 122.788 118.794 121.397 124.560 126.592 118.601 3 120.168 132.698 124.907 128.722 137.136 140.189 4 120.294 124.158 121.766 122.821 124.103 125.475 124.232 124.747 5 Equals: Final sales to domestic purchasers.............................. 6 120.329 124.187 121.798 122.863 124.160 125.543 124.181 Addendum: Final sales of domestic product 7 119.853 122.528 120.856 121.653 122.008 123.204 123.245 Table 1.4.5. Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.4.6. Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers, Chained Dollars [Billions of dollars] [Billions of chained (2000) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2007 2008 2007 IV Gross domestic product........... Less: Exports of goods and services................................... Plus: Imports of goods and services................................... Equals: Gross domestic purchases............................... Less: Change in private inventories.............................. Equals: Final sales to domestic purchasers............................. Addendum: Final sales of domestic product Line 2008 I II III 2 1,662.4 1,859.4 1,759.7 1,820.8 1,923.2 1,968.9 1,724.7 3 2,370.2 2,528.6 2,456.5 2,526.5 2,641.4 2,676.6 2,269.7 4 14,515.3 14,933.8 14,728.0 14,856.6 15,012.7 15,120.5 14,745.4 -3.6 -47.0 - 21.1 -25.6 -76.0 -49.7 2008 -36.6 6 14,519.0 14,980.7 14,749.0 14,882.2 15,088.7 15,170.2 14,782.0 7 13,811.2 14,311.6 14,052.3 14,176.4 14,370.5 14,462.5 14,236.9 2007 IV IV 1 13,807.5 14,264.6 14,031.2 14,150.8 14,294.5 14,412.8 14,200.3 5 2007 Gross domestic product........... Less: Exports of goods and services.................................. Plus: Imports of goods and services.................................. Equals: Gross domestic purchases............................... Less: Change in private inventories.............................. Equals: Final sales to domestic purchasers.............................. Addendum: Final sales of domestic product 2008 I II III IV 1 11,523.9 11,652.0 11,620.7 11,646.0 11,727.4 11,712.4 11,522.1 2 1,425.9 1,514.1 1,482.1 1,500.6 1,544.7 1,556.1 1,454.9 3 1,972.4 1,904.3 1,966.5 1,962.6 1,926.0 1,909.1 1,819.4 4 12,066.8 12,035.2 12,103.2 12,105.8 12,102.6 12,057.8 11,874.5 5 -2.5 -29.0 - 8.1 - 10.2 -50.6 -29.6 -25.8 6 12,066.0 12,063.6 12,109.8 12,113.3 12,153.0 12,084.1 11,904.0 7 11,523.4 11,681.0 11,628.0 11,653.7 11,778.8 11,739.2 11,552.2 Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. N o te. April 2009 Su r v e y of D-9 C u r r e n t B u sin ess Table 1.5.1. Percent Change From Preceding Period in Real Gross Domestic Product, Expanded Detail Table 1.5.2. Contributions to Percent Change in Real Gross Domestic Product, Expanded Detail [Percent] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Gross domestic product.... Personal consumption expenditures.......................... Durable goods......................... Motor vehicles and parts..... Furniture and household equipment........................ Other................................... Nondurable goods................... Food.................................... Clothing and shoes.............. Gasoline, fuel oil, and other energy goods................... Other................................... Services.................................. Housing............................... Household operation........... Electricity and gas........... Other household operation Transportation...................... Medical care........................ Recreation........................... Other.................................. 1 2.0 1.1 2 2.8 4.8 II I -0.2 Line III 2.0 5 8.0 3.4 6 4.8 2.5 1.9 4.7 - 0.8 - 0.6 - 0.1 0.4 3 4 7 8 9 10 11 12 13 14 15 16 17 18 19 20 31 32 33 34 35 3fi Net exports of goods and services................................. Exports.................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. 3/ 38 39 40 41 42 43 21 22 23 24 25 26 2/ 28 29 30 44 45 46 47 48 49 50 51 52 53 b4 0.8 3.2 2.6 1.5 1.8 1.9 1.8 1.9 2.9 4.5 3.2 -5.4 -3.1 4.9 12.7 1.7 -4.5 0.3 1.5 0.9 -0.3 - 2.0 1.1 - 0.6 3.5 - 0.8 1.4 -6.7 -5.0 1.0 0.4 - 0.8 3.9 -3.6 0.3 0.9 2.8 -0.5 -6.3 0.9 -4.3 -10.7 1.2 - 2.8 -19.7 -3.8 -14.8 -26.6 -4.3 - 22.1 -37.9 14.0 2.4 3.9 4.1 10.9 - 6.2 -4.6 -7.1 -7.3 -13.3 - 8.8 -17.0 -9.4 -14.7 -9.3 2.8 -3.2 -1.7 -1.5 1.4 1.2 2.5 0.5 3.9 - 0.8 4.0 -0.4 - 0.8 1.6 11.2 -11.9 - 6.2 3.4 8.5 -3.0 1.0 1.8 -2.3 -0.4 1.3 3.0 - 6.0 - 1.8 2.4 0.5 - 11.0 1.0 2.1 -3.0 -2.3 2.5 -1.5 -5.8 -5.6 2.4 -11.5 -1.7 2.5 18.5 -5.0 1.8 8.6 - 0.6 13.0 13.0 -3.6 -22.4 -4.4 5.3 - 8.8 -38.7 -13.3 -26.1 -14.7 -14.0 -12.5 -25.1 -46.6 -3.2 -13.3 -44.7 18.0 -16.0 -70.0 -23.0 - 22.8 19.3 9.9 7.3 -14.3 - 12.6 -5.2 -17.9 -28.6 -1.4 - 20.8 -15.2 6.3 -27.0 0.2 2.1 2.9 1.6 6.0 2.5 7.2 6.3 13.6 3.6 2.9 2.6 1.6 - 0.2 - 0.2 0.2 2.3 2.0 3.7 8.2 1.1 1.3 0.3 5.1 4.5 6.4 - 0.8 - 2.0 5.5 0.8 -0.5 -0.9 -1.4 3.0 0.4 - 0.8 8.1 1.6 1.6 1.5 1.9 5.8 7.3 7.4 2.1 12.3 16.3 3.8 -7.3 -7.1 - 8.0 -23.6 -32.0 -1.5 -17.5 -19.6 -6.7 2.9 2.9 2.8 11.8 -0.3 1.4 - 6.8 2.5 5.8 13.8 18.0 17.3 22.7 5.1 5.6 1.5 1.3 1.2 1.1 0.0 7.8 2.3 -9.6 6.0 3.9 3.0 3.7 1.4 -3.5 -4.7 3.3 7.3 3.4 38.7 5.0 4.0 1. Excludes software “embedded,” or bundled, in computers and other equipment. -23.0 - 22.0 -21.7 -9.4 -28.1 0.2 0.8 6.5 4.8 3.7 -4.2 -3.5 -4.1 0.4 -5.3 -1.7 9.7 -7.5 16.1 9.9 5.4 1.4 1.7 4.4 0.2 - 22.8 17.9 2.2 1.3 -0.3 -4.2 7.2 4.4 5.1 2.7 -2.3 - 2.6 -0.9 2.8 8.2 19.1 0.9 - 6.6 3.0 - 1.1 1.4 8.0 10.5 6.2 6.0 6.6 -7.8 1.5 0.4 7.4 - 2.1 1.7 4.9 -4.7 4.1 4.7 8.4 7.5 10.5 8.6 0.2 0.7 1.7 -4.3 - 0.1 0.7 - 8.2 -20.7 9.6 10.0 -13.4 6.2 -6.4 6.6 2007 2008 IV 1.3 7.0 3.4 3.7 1.5 15.3 10.4 52.4 - 2.0 2007 IV 2008 I III II IV Percent change at annual rate: Gross domestic product.... 0.2 -4.3 -13.3 Gross private domestic investment.............................. Fixed investment...................... Nonresidential..................... Structures........................ Equipment and software... Information processing equipment and software................... Computers and peripheral equipment........... Software 1 ............... Other....................... Industrial equipment.... Transportation equipment............... Other equipment......... Residential........................... Change in private inventories... Farm.................................... Nonfarm.............................. Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Consumption expenditures Gross investment............. Nondefense......................... Consumption expenditures Gross investment............. State and local......................... Consumption expenditures Gross investment................. Seasonally adjusted at annual rates 2008 1 2.0 1.1 -0.2 0.9 2.8 -0.5 -6.3 2 1.95 0.38 0.07 0.16 -0.33 -0.42 0.67 0.03 -0.03 0.61 -0.33 -0.35 0.87 - 0.21 -0.64 -2.75 -1.16 -0.83 -2.99 -1.67 -1.13 0.24 0.08 0.50 0.18 0.13 0.10 0.11 - 0.01 -0.13 - 0.02 -0.06 0.05 0.27 -0.09 0.05 -0.04 -0.08 0.13 0.08 0.39 0.04 0.80 0.40 0.28 -0.25 -0.08 -1.57 -0.75 -0.38 -0.25 -0.29 -1.97 -1.52 -0.24 0.02 -0.14 -0.45 0.17 1.07 0.16 0.07 0.03 0.04 0.05 0.35 0.13 0.31 0.02 0.23 -0.43 23 24 25 Percentage points at annual rates: Personal consumption expenditures.......................... Durable goods......................... Motor vehicles and parts..... Furniture and household equipment........................ Other.................................... Nondurable goods................... Food.................................... Clothing and shoes.............. Gasoline, fuel oil, and other energy goods................... Other.................................... Services................................... Housing................................ Household operation............ Electricity and gas........... Other household operation Transportation...................... Medical care........................ Recreation........................... Other.................................... 3 4 5 6 7 8 9 10 11 12 0.01 0.10 0.12 - 0.01 -0.04 0.09 0.01 0.11 - 0.20 0.33 0.28 0.18 -0.17 -0.19 0.02 - 0.02 0.43 - 0.02 0.14 0.08 - 0.02 0.48 - 0.01 -0.08 -0.05 0.04 0.59 -0.14 0.40 -0.08 0.35 0.04 -0.03 -0.90 -0.50 0.52 0.40 0.13 -1.02 -0.76 0.17 0.39 - 0.22 -1.93 -0.97 0.36 0.29 0.07 -0.89 - 0.86 0.26 0.30 -0.04 26 0.34 0.18 0.37 27 28 29 30 0.11 0.05 0.08 0.05 -0.06 0.10 - 0.20 31 32 33 34 35 36 -0.17 -0.07 - 1.02 -0.40 0.04 -0.44 -0.32 - 0.02 -0.93 -0.26 -0.18 0.08 -1.33 -0.96 0.47 -1.43 Net exports of goods and services.................................. Exports................................... Goods................................. Services............................... Imports.................................... Goods.................................. Services............................... 37 38 39 40 41 42 43 0.58 0.95 0.59 0.36 -0.37 -0.25 - 0.12 1.40 0.76 0.51 0.25 0.64 0.65 0.94 0.53 0.43 0.40 0.38 - 0.01 0.02 Government consumption expenditures and gross investment.............................. Federal..................................... National defense.................. Consumption expenditures Gross investment............. Nondefense......................... Consumption expenditures Gross investment............. State and local......................... Consumption expenditures... Gross investment................. 44 45 46 47 48 49 50 51 52 53 54 0.57 0.43 0.35 0.27 0.08 0.08 0.06 0.16 -0.04 -0.04 -0.06 0.02 0.02 0.01 0.20 0.14 0.13 0.09 0.01 0.19 0.15 0.04 -0.03 0.14 -0.18 Gross private domestic investment.............................. Fixed investment...................... Nonresidential...................... Structures........................ Equipment and software... Information processing equipment and software................... Computers and peripheral equipment............ Software 1................ Other........................ Industrial equipment.... Transportation equipment................ Other equipment.......... Residential........................... Change in private inventories... Farm.................................... Nonfarm............................... 13 14 15 16 17 18 19 20 21 22 0.15 0.08 0.02 0.40 0.11 0.12 0.11 0.01 0.00 0.00 0.00 0.28 -0.05 -0.08 0.59 -0.18 - 0.10 0.62 0.05 0.07 0.02 -0.28 1.02 0.02 0.01 -0.03 0.08 -0.33 -0.38 0.05 -0.06 0.31 -0.04 0.66 0.04 0.31 0.29 0.02 0.02 -0.17 0.38 -0.03 0.14 -1.74 -0.25 0.27 0.64 -0.37 0.06 -0.79 -0.19 0.36 -0.55 -3.47 -3.36 -2.56 -0.38 -2.18 0.27 0.30 -0.16 -0.92 0.12 0.10 0.16 0.16 0.01 0.08 0.04 0.18 -0.05 -0.16 -0.08 0.08 - 0.12 -0.28 -0.23 -0.42 -0.19 -0.16 -0.16 - 1.12 - 0.02 -0.17 0.15 -0.58 -0.04 -0.52 -1.50 -0.14 -1.36 -0.47 -0.75 -0.31 -0.80 - 0.11 0.06 -0.17 0.77 0.63 0.39 0.24 0.14 0.29 -0.15 2.93 1.54 1.39 0.15 1.39 1.14 0.25 1.05 0.40 0.34 0.06 0.65 0.74 -0.09 -0.15 -3.44 -3.38 -0.06 3.29 3.09 0.38 0.41 0.34 0.31 0.04 0.06 0.06 0.78 0.47 0.36 0.15 1.14 0.97 0.85 0.72 0.14 0.26 0.52 0.18 0.17 0.12 0.11 0.34 0.10 0.02 0.01 - 0.02 0 .00 1. Excludes software “embedded," or bundled, in computers and other equipment. 0.21 0.11 0.08 0.03 0.31 0.20 -0.60 0.84 0.01 0.83 0.00 0.17 0.12 0.11 0.19 0.06 0.20 0.01 0.21 0.14 -0.25 0.00 -0.25 April 2009 National Data D-10 Table 1.5.3. Real Gross Domestic Product, Expanded Detail, Quantity Indexes Table 1.5.4. Price Indexes for Gross Domestic Product, Expanded Detail [Index numbers, 2000=100] [Index numbers, 2000=100] Seasonally adjusted Line 2007 2008 2007 IV Gross domestic product ... Personal consumption expenditures.......................... Durable goods........................ Motor vehicles and parts..... Furniture and household equipment........................ Other.................................. Nondurable goods................... Food................................... Clothing and shoes.............. Gasoline, fuel oil, and other energy goods................... Other.................................. Services................................. Housing............................... Household operation........... Electricity and gas........... Other household operation Transportation...................... Medical care........................ Recreation........................... Other.................................. Gross private domestic investment.............................. Fixed investment...................... Nonresidential..................... Structures........................ Equipment and software Information processing equipment and software................... Computers and peripheral equipment........... Software 1............... Other....................... Industrial equipment.... Transportation equipment............... Other equipment......... Residential........................... Change in private inventories... Seasonally adjusted 2008 I II Line III 2 122.456 122.743 123.130 123.395 123.770 122.572 121.235 3 4 143.908 115.582 137.666 100.189 5 189.830 139.314 122.872 120.038 138.677 196.325 138.197 122.143 119.908 139.228 193.857 140.796 123.261 120.924 138.806 6 7 8 9 142.273 105.357 136.695 97.517 128.413 86.570 194.714 201.210 139.967 140.804 123.147 124.317 121.315 122.534 139.821 143.488 196.934 139.174 122.035 120.232 138.462 192.442 132.844 119.071 115.549 135.141 10 103.438 98.819 102.901 101.329 99.664 96.137 98.147 11 128.976 129.350 129.094 128.514 130.448 130.525 127.912 12 118.259 119.992 119.020 119.739 119.937 119.916 120.376 13 14 15 16 17 18 19 20 116.420 107.959 105.447 109.760 102.731 129.317 124.880 115.218 117.483 107.678 103.310 110.966 102.093 133.888 123.846 116.868 116.839 108.696 105.540 110.980 102.969 130.943 125.365 115.638 116.978 109.183 107.453 110.404 103.408 132.522 123.860 116.814 117.469 108.001 104.375 110.677 102.628 133.451 124.263 116.714 117.687 105.716 98.502 111.261 102.026 134.285 123.801 116.768 21 104.278 97.328 102.639 101.110 98.071 98.169 22 107.717 102.375 106.503 104.969 104.522 103.102 117.799 107.810 102.911 111.521 100.311 135.295 123.461 117.176 23 24 25 112.244 97.264 117.412 114.069 108.180 113.939 114.819 102.076 118.636 115.504 104.206 118.470 116.212 108.716 116.961 115.714 111.257 114.709 91.961 96.907 108.847 108.543 105.616 26 139.842 146.477 144.914 147.465 150.324 148.727 139.394 2 / 230.472 245.458 245.331 254.682 262.580 246.464 218.104 134.548 114.710 97.805 140.988 118.992 93.709 139.131 117.627 96.179 142.463 117.698 96.369 143.201 121.342 95.494 141.617 122.931 93.311 136.672 113.997 89.664 31 86.683 32 113.095 33 101.534 14 '■ IS Ifi 61.933 111.517 80.436 81.981 115.475 92.110 78.949 111.679 85.698 67.497 110.767 82.692 58.204 115.457 79.154 43.082 108.163 74.201 138.111 134.948 145.916 129.038 129.326 127.856 135.189 132.219 142.570 133.254 134.315 128.185 136.880 133.690 144.792 132.991 133.654 129.913 140.908 138.826 146.131 130.509 131.212 127.217 141.943 140.079 146.640 129.367 129.653 128.249 132.713 127.198 146.100 123.283 122.785 126.043 28 29 30 'M 38 39 40 41 42 43 130.068 127.335 136.868 133.654 134.921 127.581 44 116.871 45 130.078 46 135.596 47 132.457 48 159.765 49 120.127 50 119.048 51 128.357 52 110.167 53 109.828 54 111.471 120.250 117.879 118.443 119.594 121.288 121.674 137.913 131.610 133.488 135.628 140.080 142.457 145.318 137.694 140.125 142.621 148.643 149.882 140.765 134.343 136.773 137.921 143.533 144.831 181.536 163.647 166.030 180.174 189.622 190.318 124.469 120.614 121.469 122.949 124.473 128.984 122.541 119.214 120.061 121.235 122.897 125.971 138.925 131.166 132.081 135.821 136.325 151.474 111.394 110.914 110.844 111.517 111.891 111.326 111.271 110.478 110.874 111.201 111.509 111.500 111.832 112.612 110.632 112.741 113.391 110.565 1. Excludes software “embedded," or bundled, in computers and other equipment. 2007 2008 IV Gross domestic product.... Personal consumption expenditures.......................... Durable goods......................... Motor vehicles and parts..... Furniture and household equipment........................ Other.................................... Nondurable goods................... Food..................................... Clothing and shoes.............. Gasoline, fuel oil, and other energy goods................... Other.................................... Services................................... Housing............................... Household operation............ Electricity and gas........... Other household operation Transportation...................... Medical care........................ Recreation........................... Other.................................... Gross private domestic investment.............................. Fixed investment...................... Nonresidential...................... Structures........................ Equipment and software... Information processing equipment and software................... Computers and peripheral equipment............ Software 1................ Other....................... Industrial equipment.... Transportation equipment................ Other equipment.......... Residential........................... Change in private inventories... I II III IV 1 119.819 122.500 120.826 121.613 121.951 123.134 123.302 2 117.659 121.596 119.221 120.283 121.544 123.041 121.514 3 87.154 86.071 86.598 86.581 86.237 86.110 85.357 4 98.589 98.046 98.919 98.698 98.382 98.345 96.758 69.924 6 99.421 7 118.407 8 119.682 9 90.595 66.991 102.264 124.666 126.182 90.133 68.445 99.608 121.092 121.553 90.311 68.115 100.809 123.059 123.007 90.203 67.161 102.109 125.021 124.943 89.520 66.716 102.720 128.129 127.519 90.817 65.972 103.418 122.455 129.258 89.992 5 10 185.237 217.688 205.630 218.289 231.457 251.777 169.228 11 111.013 113.241 111.638 112.598 113.027 113.325 114.016 12 124.712 128.752 126.253 127.133 128.450 129.538 129.885 13 14 15 16 17 18 19 20 124.679 124.813 144.797 113.275 119.318 126.601 120.418 125.365 128.013 131.675 157.114 117.076 125.478 129.566 124.177 129.914 126.086 126.005 146.182 114.354 121.004 128.078 121.833 127.259 126.994 127.183 148.139 115.093 122.455 128.364 122.851 128.529 127.623 131.604 157.995 116.476 124.768 129.127 123.699 129.950 128.405 134.783 164.322 117.958 126.808 130.037 125.200 130.416 129.029 133.132 158.000 118.776 127.879 130.737 124.959 130.763 21 117.735 118.509 117.960 117.815 117.926 118.510 119.786 22 117.995 118.727 118.189 118.117 118.353 119.037 119.400 23 24 25 108.739 157.662 94.870 110.513 163.298 95.485 109.015 159.138 94.798 109.177 160.182 94.700 109.788 161.496 95.101 110.913 164.285 95.710 112.174 167.229 96.431 26 79.170 78.219 78.586 78.245 78.370 78.293 77.967 27 28 29 30 40.062 95.888 90.278 115.968 35.967 96.820 90.930 121.111 38.391 96.147 90.047 117.484 37.024 96.339 90.345 118.620 36.297 96.976 90.863 120.525 35.608 97.196 91.160 122.615 34.940 96.767 91.353 122.685 112.881 116.771 135.587 112.519 113.933 138.803 111.871 114.175 137.900 111.849 114.579 136.687 112.692 116.616 135.535 115.113 121.714 132.226 122.788 121.147 118.794 117.085 121.397 119.916 124.560 123.456 126.592 125.137 118.601 116.082 31 112.762 32 113.222 33 138.884 34 '■ IS 36 Net exports of goods and Net exports of goods and Exports.................................... Goods.................................. Services.............................. Imports.................................... Goods.................................. Services.............................. Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Consumption expenditures Gross investment............. Nondefense......................... Consumption expenditures Gross investment............. State and local......................... Consumption expenditures Gross investment................. 2008 IV 1 117.388 118.692 118.374 118.631 119.460 119.308 117.369 144.856 143.284 114.513 111.313 2007 Exports.................................... Goods................................. Services............................... Imports..................................... Goods.................................. Services............................... Government consumption expenditures and gross investment.............................. Federal..................................... National defense.................. Consumption expenditures Gross investment............. Nondefense......................... Consumption expenditures Gross investment............. State and local......................... Consumption expenditures... Gross investment................. 'M 38 39 40 41 42 43 116.586 115.062 120.211 126.684 122.855 124.932 127.211 130.082 124.510 120.168 118.326 129.928 132.698 131.408 139.217 124.907 123.378 132.874 128.722 127.427 135.377 44 132.941 45 130.076 46 131.874 47 136.220 48 105.255 49 126.636 50 130.378 51 104.556 52 134.671 53 134.517 54 135.383 139.234 134.289 136.574 141.371 107.386 129.869 134.090 105.204 142.219 142.427 141.478 135.174 137.237 139.588 141.107 139.002 131.070 132.879 134.553 135.447 134.277 133.237 134.905 136.967 138.004 136.421 137.704 139.603 141.872 142.967 141.042 105.920 106.296 107.217 107.925 108.108 126.886 128.986 129.868 130.465 130.157 130.637 133.128 134.139 134.776 134.316 104.753 104.758 104.948 105.326 105.785 137.649 139.866 142.632 144.540 141.838 137.612 140.173 143.333 145.179 141.023 137.896 138.722 139.890 142.050 145.252 1. Excludes software “embedded,” or bundled, in computers and other equipment. 137.136 136.387 140.740 140.189 139.607 142.873 124.747 122.209 137.879 April 2009 Su r v e y of D-11 C u r r e n t B u sin ess Table 1.5.5. Gross Domestic Product, Expanded Detail Table 1.5.6. Real Gross Domestic Product, Expanded Detail, Chained Dollars [Billions of dollars] [Billions of chained (2000) dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 2008 IV Gross domestic product.... Personal consumption expenditures.......................... Durable goods......................... Motor vehicles and parts..... Furniture and household equipment........................ Other................................... Nondurable goods................... Food.................................... Clothing and shoes.............. Gasoline, fuel oil, and other energy goods................... Other................................... Services.................................. Housing............................... Household operation........... Other household operation Transportation...................... Medical care........................ Recreation........................... Other.................................. Gross private domestic investment.............................. Fixed investment...................... Nonresidential..................... Structures........................ Equipment and software... Information processing equipment and software................... Computers and peripheral equipment........... Software 1 ............... Other....................... Industrial equipment.... Transportation equipment............... Other equipment......... Residential........................... Change in private inventories... Farm................................... Nonfarm............................... Net exports of goods and services................................. Exports Goods Services.............................. Imports Goods Services.............................. Government consumption expenditures and gross investment.............................. Federal.................................... Consumption expenditures Gross investment............. Nondefense......................... Consumption expenditures Gross investment............. State and local......................... Consumption expenditures... Gross investment................. Seasonally adjusted at annual rates I II Line III 415.3 227.0 2,833.0 1,329.1 374.0 411.7 231.6 2,965.1 1,399.2 373.6 366.9 762.9 5,794.4 1,460.9 525.7 218.8 306.9 357.0 1,681.1 403.4 1,366.3 411.8 780.5 6,069.6 1,513.7 553.0 232.3 320.6 373.0 1,781.2 412.6 1,436.1 23 24 25 2,130.4 2,134.0 1,503.8 480.3 1,023.5 1,993.5 2,040.5 1,552.8 553.4 999.4 2,092.3 2,113.4 1,542.1 508.7 1,033.4 2,056.1 2,081.7 1,553.6 522.7 1,030.9 2,000.9 2,077.0 1,571.9 549.8 1,022.1 26 517.7 535.8 532.5 539.6 550.9 '?! 28 29 30 93.7 227.3 196.8 180.6 89.8 240.5 205.5 180.6 95.7 235.6 95.8 241.8 201.2 202.0 179.9 182.0 96.8 244.6 209.5 183.2 31 32 33 34 35 36 157.2 168.0 630.2 -3.6 112.2 148.4 172.6 571.3 - 21.1 5.7 -26.7 142.1 167.3 528.1 -25.6 -5.2 170.8 487.7 -47.0 -2.4 -44.6 -25.8 121.4 166.5 505.0 -76.0 -4.1 -71.9 3/ 38 39 40 41 42 43 -707.8 1,662.4 1,149.2 513.2 2,370.2 1,985.2 385.1 -669.2 1,859.4 1,283.1 576.3 2,528.6 2,115.2 413.4 -696.7 1,759.7 1,213.7 546.0 2,456.5 2,060.9 395.6 -705.7 1,820.8 1,256.9 563.9 2,526.5 2,118.0 408.5 -718.2 1,923.2 1,343.7 579.5 2,641.4 2,225.5 415.9 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 44 45 46 47 48 49 50 51 52 53 64 1.6 2,674.8 979.3 662.2 580.1 82.1 317.1 276.0 41.1 1,695.5 1,355.9 339.6 2,882.4 1,071.9 734.9 639.7 95.2 337.0 292.2 44.8 1,810.4 1,454.4 356.0 2,742.9 998.3 679.3 594.7 84.6 319.0 276.9 42.1 1,744.6 1,395.2 349.4 0.2 2,798.1 1,026.5 699.9 613.8 86.1 326.6 284.2 42.4 1,771.6 1,426.3 345.3 2,873.7 1,056.1 723.3 629.0 94.3 332.9 289.2 43.7 1,817.6 1,462.7 354.9 2,946.1 1,098.0 759.5 659.6 99.9 338.5 294.5 44.0 1,848.1 1,485.7 362.4 2008 I II III IV 1 11,523.9 11,652.0 11,620.7 11,646.0 11,727.4 11,712.4 11,522.1 2 8,252.8 1,242.4 446.7 8,272.1 1,188.5 387.2 8,298.2 1,250.6 442.6 8,316.1 1,237.0 430.2 8,341.3 1,228.3 407.2 8,260.6 1,180.1 376.9 8,170.5 1,108.6 334.6 594.0 228.3 2,392.6 1,110.5 412.9 614.3 226.5 2,378.4 1,109.3 414.5 606.6 230.8 2,400.2 1,118.7 413.2 609.3 229.4 2,397.9 1,122.4 416.3 629.6 230.8 2,420.7 1,133.6 427.2 616.2 228.1 2,376.3 1,112.3 412.2 602.2 217.7 2,318.6 1,069.0 402.3 198.1 687.3 4,646.2 1,171.7 421.2 151.1 270.9 299.2 1,327.8 335.0 1,089.9 189.2 689.3 4,714.3 1,182.4 420.1 148.0 273.9 297.4 1,374.8 332.2 1,105.5 197.0 687.9 4,676.1 1,175.9 424.0 151.2 273.9 299.9 1,344.5 336.3 1,093.9 194.0 684.8 4,704.3 1,177.3 425.9 154.0 272.5 301.2 1,360.8 332.3 1,105.0 190.8 695.1 4,712.1 1,182.3 421.3 149.6 273.2 298.9 1,370.3 333.4 1,104.0 184.1 695.5 4,711.3 1,184.5 412.4 141.2 274.6 297.2 1,378.9 332.1 1,104.6 187.9 681.6 4,729.4 1,185.6 420.6 147.5 275.2 292.2 1,389.2 331.2 1,108.4 23 24 25 1,809.7 1,808.5 1,382.9 304.6 1,078.9 1,689.1 1,718.9 1,405.4 338.8 1,047.0 1,781.3 1,788.2 1,414.7 319.7 1,090.1 1,754.7 1,762.4 1,423.1 326.4 1,088.6 1,702.0 1,754.9 1,431.8 340.5 1,074.7 1,703.7 1,731.1 1,425.7 348.4 1,054.0 1,596.0 1,627.0 1,341.1 339.9 970.5 26 653.9 685.0 677.6 689.6 702.9 695.5 651.8 28 29 30 237.0 218.0 155.7 248.4 226.1 149.2 245.1 223.5 153.1 251.0 223.6 153.4 252.3 230.6 152.0 249.5 233.6 148.6 240.8 216.6 142.8 31 32 33 34 35 36 139.4 148.4 453.8 -2.5 131.9 151.5 411.6 - 8.1 10.5 - 20.6 127.0 146.5 383.0 - 10.2 -17.9 108.6 145.3 369.6 -50.6 2.4 -55.1 93.6 151.5 353.7 -29.6 -3.7 99.6 146.3 359.5 -29.0 3.6 -34.3 -33.3 69.3 141.9 331.6 -25.8 3.7 -31.1 Net exports of goods and services................................. Exports.................................... Goods................................. Services............................... Imports.................................... Goods................................. Services............................... 37 38 39 40 41 42 43 -546.5 1,425.9 998.7 426.9 1,972.4 1,677.7 296.4 -390.2 1,514.1 1,058.5 455.2 1,904.3 1,608.1 297.0 -484.5 1,482.1 1,037.0 444.7 1,966.5 1,670.2 297.8 -462.0 1,500.6 1,048.6 451.7 1,962.6 1,662.0 301.8 -381.3 1,544.7 1,088.9 455.8 1,926.0 1,631.6 295.5 -353.1 1,556.1 1,098.7 457.4 1,909.1 1,612.2 297.9 -364.5 1,454.9 997.7 455.7 1,819.4 1,526.8 292.8 Government consumption expenditures and gross 2,911.4 investment.............................. 1,107.0 Federal.................................... 757.0 656.6 Consumption expenditures 100.4 Gross investment............. 350.0 Nondefense......................... 300.9 Consumption expenditures 49.1 Gross investment............. 1,804.4 State and local......................... 1,443.0 Consumption expenditures... 361.4 Gross investment................. Residual...................................... 44 45 46 47 48 49 50 51 52 53 54 55 2,012.1 2,070.2 798.2 538.1 452.5 2,029.4 761.7 509.9 431.9 79.9 251.5 2,039.1 772.6 518.9 439.7 81.0 253.2 213.5 40.5 1,266.7 1,017.6 249.0 -178.7 2,058.9 785.0 528.1 443.4 87.9 256.3 215.6 41.6 1,274.4 1,020.6 253.7 -191.6 2,088.1 810.8 550.4 461.5 92.6 259.5 218.5 41.8 1,278.7 1,023.4 255.2 -162.8 2,094.7 824.5 555.0 465.6 92.9 268.9 224.0 46.4 1,272.3 1,023.3 248.8 -114.0 Gross private domestic 2,010.9 1,906.1 investment............................. 2,060.6 1,942.7 Fixed investment...................... 1,581.2 1,504.3 Nonresidential...................... 572.4 568.4 Structures........................ 1,008.8 935.8 Equipment and software... Information processing equipment and 544.5 508.2 software................... Computers and peripheral 77.4 89.2 equipment1......... 242.5 233.0 Software 2................ Other........................ 212.9 197.8 182.2 175.1 Industrial equipment.... Transportation 105.5 79.8 equipment................ 176.6 172.7 Other equipment.......... 479.4 438.4 Residential........................... -49.7 -36.6 Change in private inventories... -4.2 -1.5 Farm.................................... -45.5 -35.0 Nonfarm.............................. -707.7 1,968.9 1,374.3 594.6 2,676.6 2,251.0 425.6 2007 IV Gross domestic product.... Personal consumption 9,892.7 10,002.3 10,138.0 10,163.5 9,927.9 expenditures.......................... 1,083.0 1,071.0 1,059.3 1,016.2 946.3 Durable goods......................... 424.7 370.7 Motor vehicles and parts..... 437.8 400.6 323.8 Furniture and household 397.4 equipment........................ 415.3 415.1 423.0 411.2 229.9 231.3 235.7 234.3 225.2 Other.................................... 2,906.2 2,950.7 3,026.2 3,044.6 2,839.0 Nondurable goods................... Food.................................... 1,359.8 1,380.5 1,416.3 1,418.4 1,381.7 373.2 375.5 382.4 374.4 362.1 Clothing and shoes.............. Gasoline, fuel oil, and other 423.7 405.3 441.8 463.6 318.1 energy goods................... 767.9 771.1 785.7 788.2 777.1 Other.................................... Services.................................. 5,903.5 5,980.6 6,052.5 6,102.7 6,142.5 1,482.7 1,495.1 1,508.8 1,520.9 1,529.7 Housing................................ 534.3 541.7 554.5 555.8 559.9 Household operation............ 221.1 228.1 236.3 231.9 233.0 Electricity and gas........... 313.2 Other household operation 313.6 318.1 323.9 326.9 Transportation...................... 362.9 368.8 372.9 376.8 373.6 1,721.9 1,746.6 1,769.3 1,792.9 1,816.1 Medical care........................ 409.7 408.2 Recreation........................... 412.3 415.8 413.9 1,392.0 1,420.2 1,434.6 1,440.4 1,449.3 Other.................................... 9,710.2 10,057.9 1,082.8 1,023.2 440.4 379.9 2008 IV 1 13,807.5 14,264.6 14,031.2 14,150.8 14,294.5 14,412.8 14,200.3 2 2007 -545.1 1,724.7 1,157.6 567.1 2,269.7 1,866.1 403.6 3 4 5 6 7 8 9 10 11 12 13 14 IS 16 17 18 19 20 21 22 1.0 752.9 502.1 425.8 78.0 250.4 211.7 39.3 1,259.0 1,008.0 250.9 -152.7 88.6 259.5 217.9 42.6 1,273.0 1,021.2 251.7 -161.8 212.0 40.2 1,267.5 1,013.9 253.4 -171.9 6.0 2.2 1. Excludes software “embedded,” orbund ed, in comt uters and >ther equiprnent. 1. The quantity index for computers can be used to accurately measure the real growth of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component's relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 1.5.2 and real growth rates are shown in table 1.5.1. 2. Excludes software “embedded,” or bundled, in computers and other equipment. Note. The residual line is the difference between the first line and the sum of the most detailed lines. D-12 National Data April 2009 Table 1.6.4. Price Indexes for Gross Domestic Purchases Table 1.6.7. Percent Change From Preceding Period in Prices for Gross Domestic Purchases [Index numbers, 2000=100] [Percent] Seasonally adjusted Line 2007 2008 2007 IV Gross domestic purchases... Personal consumption expenditures.......................... Durable goods......................... Motor vehicles and parts..... Furniture and household equipment........................ Other.................................. Nondurable goods................... Food................................... Clothing and shoes.............. Gasoline, fuel oil, and other energy goods................... Other.................................. Services................................. Housing............................... Household operation........... Electricity and gas........... Other household operation Transportation...................... Medical care........................ Recreation........................... Other.................................. Gross private domestic investment.............................. Fixed investment Nonresidential Structures.. Equipment and software... Information processing equipment and software................... Computers and peripheral equipment........... Software 1 ............... Other....................... Industrial equipment.... Transportation equipment............... Other equipment......... Residential........................... Change in private inventories... Government consumption expenditures and gross investment.............................. Federal................................... National defense.................. Consumption expenditures Gross investment............. Nondefense......................... Consumption expenditures Gross investment............. State and local......................... Consumption expenditures Gross investment............. Addenda: Final sales of computers to domestic purchasers 2 ........ Gross domestic purchases excluding final sales of computers to domestic purchasers........................... Food....................................... Energy goods and services..... Gross domestic purchases excluding food and energy.... Gross domestic product.......... Gross domestic product excluding final sales of computers................... Food................................ Energy goods and services....................... Gross domestic product excluding food and energy......................... Final sales of domestic product Final sales to domestic purchasers........................... I II Line III 2 117.659 121.596 119.221 120.283 121.544 123.041 121.514 87.154 86.071 86.598 86.581 86.237 86.110 85.357 3 4 98.589 98.046 98.919 98.698 98.382 98.345 96.758 5 69.924 66.991 68.445 68.115 67.161 66.716 65.972 99.421 102.264 99.608 100.809 102.109 102.720 103.418 7 118.407 124.666 121.092 123.059 125.021 128.129 122.455 8 119.682 126.182 121.553 123.007 124.943 127.519 129.258 9 90.595 90.133 90.311 90.203 89.520 90.817 89.992 6 10 185.237 217.688 205.630 218.289 231.457 251.777 169.228 11 111.013 113.241 111.638 112.598 113.027 113.325 114.016 12 124.712 128.752 126.253 127.133 128.450 129.538 129.885 124.679 124.813 144.797 113.275 119.318 126.601 120.418 20 125.365 13 14 15 16 17 18 19 128.013 131.675 157.114 117.076 125.478 129.566 124.177 129.914 21 117.735 118.509 22 117.995 118.727 23 108.739 110.513 24 157.662 163.298 25 94.870 95.485 26 79.170 78.219 126.086 126.005 146.182 114.354 121.004 128.078 121.833 127.259 126.994 127.183 148.139 115.093 122.455 128.364 122.851 128.529 127.623 131.604 157.995 116.476 124.768 129.127 123.699 129.950 128.405 134.783 164.322 117.958 126.808 130.037 125.200 130.416 129.029 133.132 158.000 118.776 127.879 130.737 124.959 130.763 117.960 118.189 109.015 159.138 94.798 117.815 118.117 109.177 160.182 94.700 117.926 118.353 109.788 161.496 95.101 118.510 119.037 110.913 164.285 95.710 119.786 119.400 112.174 167.229 96.431 78.586 78.245 78.370 78.293 77.967 27 40.062 35.967 38.391 37.024 36.297 35.608 34.940 28 95.888 96.820 96.147 96.339 96.976 97.196 96.767 29 90.278 90.930 90.047 90.345 90.863 91.160 91.353 30 115.968 121.111 117.484 118.620 120.525 122.615 122.685 31 112.762 112.881 112.519 111.871 111.849 112.692 115.113 32 113.222 116.771 113.933 114.175 114.579 116.616 121.714 33 138.884 135.587 138.803 137.900 136.687 135.535 132.226 34 'V\ 36 37 38 39 40 41 42 43 44 45 46 47 132.941 130.076 131.874 136.220 105.255 126.636 130.378 104.556 134.671 134.517 135.383 139.234 134.289 136.574 141.371 107.386 129.869 134.090 105.204 142.219 142.427 141.478 135.174 131.070 133.237 137.704 105.920 126.886 130.637 104.753 137.649 137.612 137.896 137.237 132.879 134.905 139.603 106.296 128.986 133.128 104.758 139.866 140.173 138.722 139.588 134.553 136.967 141.872 107.217 129.868 134.139 104.948 142.632 143.333 139.890 141.107 135.447 138.004 142.967 107.925 130.465 134.776 105.326 144.540 145.179 142.050 139.002 134.277 136.421 141.042 108.108 130.157 134.316 105.785 141.838 141.023 145.252 48 34.096 30.261 32.388 31.478 30.688 29.840 29.039 49 122.010 126.126 123.584 124.703 126.052 127.496 126.254 50 119.572 126.072 121.569 122.979 124.814 127.400 129.093 51 171.369 199.385 184.703 194.992 210.365 222.469 169.715 52 118.194 120.762 119.129 119.770 120.421 121.243 121.615 53 119.819 122.500 120.826 121.613 121.951 123.134 123.302 b4 121.184 124.054 122.275 123.102 123.482 124.715 124.916 55 120.469 128.157 122.921 125.086 127.311 129.889 130.343 b6 139.410 135.297 137.744 140.086 129.829 135.251 2007 2008 IV 1 120.294 124.158 121.766 122.821 124.103 125.475 124.232 136.023 57 119.152 121.480 120.074 120.661 121.111 122.008 122.140 58 119.853 122.528 120.856 121.653 122.008 123.204 123.245 59 120.329 124.187 121.798 122.863 124.160 125.543 124.181 1. Excludes software “embedded,” or bundled, in computers and other equipment. 2. Some components of final sales of computers include computer parts. Seasonally adjusted at annual rates 2008 2007 IV Gross domestic purchases. .. Personal consumption expenditures.......................... Durable goods......................... Motor vehicles and parts..... Furniture and household equipment........................ Other................................... Nondurable goods................... Food.................................... Clothing and shoes.............. Gasoline, fuel oil, and other energy goods................... Other................................... Services.................................. Housing................................ Household operation............ Electricity and gas........... Other household operation Transportation...................... Medical care........................ Recreation........................... Other................................... Gross private domestic investment.............................. Fixed investment...................... Nonresidential...................... Structures........................ Equipment and software... Information processing equipment and software................... Computers and peripheral equipment............ Software 1................ Other........................ Industrial equipment.... Transportation equipment................ Other equipment.......... Residential........................... Farm................................... Nonfarm.............................. Government consumption expenditures and gross investment.............................. Federal.................................... National defense.................. Consumption expenditures Gross investment............. Nondefense......................... Consumption expenditures Gross investment............. State and local......................... Consumption expenditures Gross investment............. Addenda: Final sales of computers to domestic purchasers 2......... Gross domestic purchases excluding final sales of computers to domestic purchasers........................... Food........................................ Energy goods and services..... Gross domestic purchases excluding food and energy.... Gross domestic product........... Gross domestic product excluding final sales of computers.................... Food................................ Energy goods and services....................... Gross domestic product excluding food and energy.......................... Final sales of domestic product Final sales to domestic purchasers........................... 2008 I III II IV 1 2.8 3.2 4.0 3.5 4.2 4.5 -3.9 2 3 4 2.6 - 1.8 -0.5 3.3 - 1.2 - 0.6 4.3 - 1.6 0.7 3.6 - 0.1 -0.9 4.3 - 1.6 -1.3 5.0 - 0.6 - 0.2 -4.9 -3.5 -6.3 5 -4.6 -5.5 1.5 8.4 3.7 0.9 -1.9 4.9 6.7 4.9 -0.5 -5.5 5.3 6.5 6.4 -3.0 - 2.6 2.4 10.3 8.5 5.9 -4.4 2.7 -16.6 5.6 -3.6 51.1 2.5 3.5 3.2 3.2 4.7 27.0 3.5 26.4 1.5 4.2 40.0 -79.6 2.5 6 1.0 7 8 3.0 3.8 9 - 0.8 -4.2 2.9 5.3 5.4 -0.5 10 11 12 8.3 17.5 13 14 15 16 17 18 19 1.1 2.0 3.3 3.7 2.7 2.4 2.9 2.7 3.7 3.2 2.7 5.5 8.5 3.4 5.2 2.3 3.1 3.6 1.6 20 3.3 21 22 23 24 25 1.4 1.4 1.4 3.8 0.3 26 2.8 2.9 3.8 5.5 2.0 14.6 29.4 4.9 7.8 2.4 2.2 2.6 3.6 3.6 4.2 3.6 4.9 0.9 3.4 4.1 0.7 1.3 1.2 -0.5 - 0.2 0.4 0.6 1.6 0.6 2.8 4.5 0.8 0.6 1.7 4.5 0.4 2.7 -0.4 2.3 3.3 1.7 - 2.1 - 1.2 - 1.2 -1.7 2/ 28 29 30 -10.5 0.4 - 0.6 4.0 - 10.2 31 32 33 34 35 3fi 1.7 2.3 1.5 3/ 38 39 40 41 42 43 44 45 46 4/ 4.5 3.4 3.5 3.8 1.5 3.1 3.5 3.6 1.1 3.4 2.5 1.1 2.0 10.0 -4.8 -14.5 17.0 5.2 6.7 2.8 3.4 2.8 2.2 4.9 1.4 - 0.8 2.0 2.3 4.2 7.1 4.4 1.1 1.2 2.6 4.6 7.4 3.0 0.6 -0.4 -1.7 -7.6 2.7 2.3 -7.3 - 1.8 6.6 -7.4 0.9 1.3 7.1 -9.0 -13.5 1.0 1.2 0.8 0.7 4.4 - 0.2 3.8 1.3 3.9 0.1 3.1 -2.4 0.1 2.0 0.0 -2.3 0.9 - 2.6 - 0.1 1.4 -3.5 3.0 7.3 -3.3 8.9 18.7 -9.4 4.7 3.2 3.6 3.8 5.1 2.3 3.1 3.4 7.0 5.1 6.3 6.7 3.5 0.5 0.4 6.8 2.8 7.8 5.6 5.9 4.5 0.0 6.6 3.1 0.7 5.1 4.7 6.9 1.2 6.8 8.1 7.4 4.7 7.7 2.4 9.3 3.4 4.4 2.7 3.1 3.1 2.7 1.9 1.9 1.4 5.5 5.3 6.3 -5.8 -3.4 -4.5 -5.3 0.7 -0.9 -1.4 0.6 2.0 2.6 2.8 0.6 6.2 5.6 5.1 5.6 1.4 -7.3 - 11.0 9.3 48 - 10.8 - 11.2 -12.3 - 10.8 -9.7 - 10.6 -10.3 49 50 51 2.9 3.8 4.2 4.3 35.1 3.7 4.7 24.2 4.4 6.1 35.5 4.7 8.5 25.1 -3.8 5.4 6.2 3.4 5.4 16.3 52 53 2.4 2.7 2.2 2.2 2.4 2.2 2.6 2.2 1.1 64 55 2.8 2.4 6.4 3.0 4.3 6.0 2.7 7.2 56 3.0 -3.0 6.1 5/ 58 2.5 2.7 2.0 2.2 59 2.8 3.2 1.1 0.8 0.2 1.8 - 66.1 2.8 1.2 3.9 0.5 4.1 8.3 0.6 7.3 7.0 -26.2 17.8 2.3 2.4 2.0 1.5 2.7 1.2 3.0 4.0 0.4 2.8 4.0 3.5 4.3 4.5 -4.3 2.8 1. Excludes software “embedded," or bundled, in computers and other equipment. 2. Some components of final sales of computers include computer parts. 1.2 1.4 0.1 April 2009 Su r v ey of D-13 C u r r e n t B u sin ess Table 1.7.1. Percent Change from Preceding Period in Real Gross Domestic Product, Real Gross National Product, and Real Net National Product Table 1.6.8. Contributions to Percent Change in the Gross Domestic Purchases Price Index [Percent] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Seasonally adjusted at annual rates 2008 I II Line IV III 2007 2008 IV Percent change at annual rate: 1 Gross domestic purchases... 2.8 3.2 4.0 3.5 4.2 4.5 -3.9 Percentage points at annual rates: Personal consumption expenditures.......................... Durable goods......................... Motor vehicles and parts..... Furniture and household equipment........................ Other................................... Nondurable goods................... Food.................................... Clothing and shoes.............. Gasoline, fuel oil, and other energy goods................... Other.................................. Services.................................. Housing............................... Household operation........... Electricity and gas........... Other household operation Transportation...................... Medical care........................ Recreation........................... Other................................... Gross private domestic investment.............................. Fixed investment...................... Nonresidential..................... Structures........................ Equipment and software... Information processing equipment and software................... Computers and peripheral equipment........... Software 1 ............... Other....................... Industrial equipment.... Transportation equipment............... Other equipment......... Residential........................... Change in private inventories... Farm.................................... Nonfarm............................... Government consumption expenditures and gross investment............................. Federal.................................... National defense.................. Consumption expenditures Gross investment............. Nondefense......................... Consumption expenditures Gross investment............. State and local......................... Consumption expenditures Gross investment............. Addenda: Final sales of computers to domestic purchasers 2 ........ Gross domestic purchases excluding final sales of computers to domestic purchasers........................... Food....................................... Energy goods and services..... Gross domestic purchases excluding food and energy.... 2007 2 3 4 1.73 -0.14 - 0.02 2.24 -0.09 - 0.01 2.88 - 0.11 5 -0.14 0.02 7 0.58 0.34 - 0.02 - 0.12 0.04 1.03 0.50 - 0.01 -0.16 6 8 9 10 11 12 13 14 15 16 17 18 19 20 2.43 - 0.01 -0.03 2.87 - 0.11 -0.04 3.37 -0.04 -0.16 0.08 1.29 0.60 -0.08 -0.07 0.04 0.02 -0.05 0.08 1.30 0.45 - 0.01 0.69 0.08 1.69 0.51 0.41 1.03 0.06 1.39 0.25 0.36 0.25 0.10 0.11 0.19 0.28 0.08 0.43 0.16 0.34 0.14 0.14 0.05 0.56 0.16 0.47 0.27 0.19 0.02 0.02 1.60 0.34 0.00 2.02 0.78 0.15 0.20 0.44 1.10 0.68 0.06 1.29 0.36 0.11 1.30 0.27 0.13 1.39 0.32 0.10 0.20 0.12 0.04 0.06 0.07 0.42 0.04 0.31 0.13 0.07 0.13 0.28 0.09 0.34 0.07 0.05 0.09 0.41 0.18 1.13 0.29 0.14 0.08 0.06 0.34 0.09 0.38 0.22 0.20 0.18 0.18 0.15 0.03 -0.07 -0.03 0.06 0.09 -0.03 0.12 0.12 0.27 0.32 0.43 0.26 0.17 0.12 0.12 0.11 0.20 -3.31 -0.23 -0.15 - 0.12 0.04 -3.52 0.51 -0.09 -4.07 0.13 0.44 0.20 -0.18 -0.24 0.06 0.08 0.26 - 0.02 Gross domestic product........... Plus: Income receipts from the rest of the world....................... Less: Income payments to the rest of the world.............................. 0.21 23 24 25 0.12 0.02 0.09 0.09 0.17 0.13 0.05 26 -0.08 -0.04 -0.04 -0.06 0.02 - 0.01 27 28 29 30 -0.07 -0.07 -0.06 -0.09 0.02 0.01 0.02 0.00 0.01 0.02 -0.04 -0.03 0.05 0.05 0.05 0.05 -0.05 0.04 0.03 0.08 -0.05 0.01 - 0.01 0.08 0.01 0.00 0.02 0.00 - 0.02 0.05 0.04 -0.09 0.01 0.00 0.01 0.00 0.01 0.00 - 0.10 -0.03 0.04 -0.08 0.00 0.02 - 0.12 0.02 0.03 0.07 0.00 0.02 0.00 0.02 0.01 0.01 -0.06 -0.03 -0.03 0.81 0.23 0.16 0.15 0.88 0.17 0.15 0.94 0.15 0.14 0.14 1.15 0.38 0.24 0.23 0.01 0.01 0.07 0.07 0.06 0.05 0.00 0.00 0.66 0.01 0.01 0.01 0.00 0.23 III IV 1 2.0 1.1 -0.2 0.9 2.8 -0.5 -6.3 2 15.7 - 10.1 0.4 -28.0 -13.0 -7.8 -39.6 3 14.3 -15.3 -23.5 - 21.8 -2.5 -15.3 -54.7 4 5 2.2 3.7 3.9 3.0 3.1 1.3 7.0 7.8 3.1 3.1 1.3 5.5 0.1 6.1 9.1 2.7 2.7 2.6 2.6 2.1 6.4 7.0 3.5 3.5 -0.2 21.9 26.0 3.5 3.6 -5.6 - 10.0 -12.5 3.8 3.9 Equals: Gross national product Less: Consumption of fixed capital Private......................... Government................. General government Government enterprises.......... 7 9 2.9 3.0 2.6 2.6 3.6 3.2 3.4 Equals: Net national product.... 10 2.0 0.5 0.7 -1.0 1.5 -3.0 -4.9 11 12 1.4 1.5 1.8 1.1 -0.4 - 0.2 0.3 -1.5 - 0.8 0.7 - 1.0 - 1.6 -0.5 -1.3 - 0.1 -1.7 0.7 13 14 -0.9 -0.5 -3.5 -3.9 -7.5 - 6.8 -5.8 -7.2 Addenda: Gross domestic income 1 ........ Gross national income 2 .......... Net domestic product............... Net domestic income 3 ............ 6 8 8.0 0.0 2.3 - 0.1 1. Gross domestic income deflated by the implicit price deflator for gross domestic product. 2. Gross national income deflated by the implicit price deflator for gross national product. 3. Net domestic income deflated by the implicit price deflator for net domestic product. Table 1.7.3. Real Gross Domestic Product, Real Gross National Product, and Real Net National Product, Quantity Indexes -0.06 0.14 II 0.10 21 22 0.11 2008 I [Index numbers, 2000=100] Seasonally adjusted 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 4/ 0.58 0.43 0.15 0.22 0.55 0.11 0.79 0.68 0.11 0.01 0.01 0.02 0.08 - 0.11 -0.05 0.20 -0.05 -0.30 0.40 - 0.01 0.41 1.32 0.36 0.29 0.27 0.85 0.19 0.15 0.13 -1.16 -0.25 -0.23 -0.23 0.01 0.02 0.02 0.15 0.15 0.06 0.06 0.04 0.04 0.00 - 0.02 0.00 0.00 0.77 0.72 0.06 0.96 0.00 0.66 0.88 0.08 0.00 0.51 0.15 Line 2007 2008 2007 IV Gross domestic product........... Plus: Income receipts from the rest of the world....................... Less: Income payments to the rest of the world.............................. Equals: Gross national product Less: Consumption of fixed capital Private......................... Government................. General government Government enterprises.......... 2008 I II III IV 1 117.388 118.692 118.374 118.631 119.460 119.308 117.369 2 188.098 169.079 195.944 180.516 174.333 170.835 150.632 3 184.231 156.033 177.954 167.341 166.304 159.560 130.928 4 117.795 119.342 5 126.321 135.143 6 127.463 137.403 7 120.585 124.263 8 120.211 123.898 119.302 128.631 129.996 121.844 121.472 119.329 131.133 132.871 122.626 122.253 119.950 133.184 135.137 123.699 123.318 119.901 139.944 143.163 124.775 124.411 118.190 136.310 138.443 125.952 125.612 9 122.684 126.320 123.935 124.726 125.837 126.829 127.887 Equals: Net national product.... 10 116.652 117.270 118.054 117.763 118.201 117.292 115.824 Addendum: Net domestic product............... 11 116.187 116.525 117.000 116.966 117.639 116.610 114.886 -0.03 0.01 -0.91 - 1.12 0.22 Table 1.7.4. Price Indexes for Gross Domestic Product, Gross National Product, and Net National Product [Index numbers, 2000=100] 48 - 0.12 - 0.12 -0.14 - 0.12 - 0.11 - 0.11 - 0.10 Seasonally adjusted Line 49 50 51 52 2.88 0.35 0.30 3.34 0.53 0.84 4.16 0.41 1.58 3.63 0.44 1.21 4.35 0.57 1.79 4.61 0.80 1.34 -3.80 0.51 -5.48 2.10 1.84 2.03 1.85 1.88 2.35 1.07 1. Excludes software “embedded," or bundled, in computers and other equipment. 2. Some components of final sales of computers include computer parts. 2007 2008 2007 IV . Gross domestic product........... Plus: Income receipts from the rest of the world....................... Less: Income payments to the rest of the world.............................. Equals: Gross national product Less: Consumption of fixed capital Private......................... Government................. General government Government enterprises.......... 2008 I II III IV 1 119.819 122.500 120.826 121.613 121.951 123.134 123.302 2 119.722 123.452 121.060 122.117 123.386 124.803 123.502 3 119.907 124.019 121.302 122.572 124.018 125.573 123.913 4 119.815 122.485 5 114.661 114.139 6 113.313 111.869 7 121.816 126.303 8 120.682 125.193 120.822 115.095 113.515 123.471 122.286 121.601 114.142 112.213 124.403 123.312 121.938 113.974 111.821 125.463 124.385 123.117 114.180 111.792 126.994 125.901 123.286 114.262 111.649 128.350 127.174 9 127.796 132.149 129.721 130.151 131.143 132.751 134.550 Equals: Net national product.... 10 120.554 123.708 121.644 122.685 123.099 124.432 124.614 Addendum: Net domestic product............... 11 120.561 123.733 121.653 122.706 123.122 124.460 124.643 D-14 National Data April 2009 Table 1.7.5. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income Table 1.7.6. Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product, Chained Dollars [Billions of dollars] [Billions of chained (2000) dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Gross domestic product.............. Plus: Income receipts from the rest of the world................................ Less: Income payments to the rest of the world................................ Equals: Gross national product... Less: Consumption of fixed capital Private........................... Domestic business..... Capital consumption allowances......... Less: Capital consumption adjustment......... Households and institutions.............. Government.................... General government.... Government enterprises............. Equals: Net national product....... Less: Statistical discrepancy...... Equals: National income.............. Less: Corporate profits with inventory valuation and capital consumption adjustments........... Taxes on production and imports less subsidies.... Contributions for government social insurance........................ Net interest and miscellaneous payments on assets........................ Business current transfer payments (net)............... Current surplus of government enterprises Wage accruals less disbursements................ Plus: Personal income receipts on assets........................................ Personal current transfer receipts........................... Seasonally adjusted at annual rates 2008 I II Line III 2007 2008 IV 1 13,807.5 14,264.6 14,031.2 14,150.8 14,294.5 14,412.8 14,200.3 2 861.7 798.3 907.4 843.2 822.8 815.6 711.6 3 759.3 665.1 742.0 705.1 708.9 688.7 557.7 4 13,910.0 14,397.8 14,196.6 14,289.0 14,408.3 14,539.6 14,354.3 5 1,720.5 1,832.3 1,758.6 1,778.0 1,803.1 1,898.1 1,850.1 6 1,431.1 1,523.1 1,462.3 1,477.5 1,497.4 1,585.9 1,531.7 7 1,147.0 1,225.0 1,171.4 1,186.1 1,205.6 1,266.0 1,242.5 8 1,055.5 1,305.6 1,067.2 1,286.0 1,295.2 1,323.6 1,317.5 9 -91.5 80.5 -104.2 100.0 89.6 57.6 75.0 10 11 12 284.1 289.4 241.4 298.1 309.2 258.1 290.9 296.3 247.1 291.4 300.5 250.8 291.8 305.7 255.2 320.0 312.1 260.6 289.2 318.4 265.8 48.0 51.1 49.2 49.7 50.5 13 51.5 52.6 14 12,189.5 12,565.5 12,438.0 12,511.1 12,605.2 12,641.6 12,504.2 63.4 15 -81.4 135.8 13.9 136.6 150.2 193.0 16 12,270.9 12,429.7 12,424.1 12,447.6 12,468.6 12,491.4 12,311.2 17 1,642.4 1,476.5 1,611.1 1,593.5 1,533.3 1,514.8 1,264.5 18 963.2 983.1 975.3 975.1 988.5 993.8 965.1 996.0 975.3 992.2 995.4 1,000.0 664.4 682.7 688.1 662.3 683.4 656.6 Gross domestic product........... Plus: Income receipts from the rest of the world....................... Less: Income payments to the rest of the world.............................. Equals: Gross national product Less: Consumption of fixed capital Private......................... Government................. General government Government enterprises.......... II III IV 1 11,523.9 11,652.0 11,620.7 11,646.0 11,727.4 11,712.4 11,522.1 719.9 647.2 749.9 690.9 667.2 653.9 576.7 3 633.3 536.3 611.7 575.2 571.6 548.5 450.0 4 11,609.8 11,762.3 11,758.3 11,760.9 11,822.2 11,817.3 11,648.7 5 1,500.5 1,605.3 1,527.9 1,557.6 1,582.0 1,662.3 1,619.1 6 1,263.0 1,361.5 1,288.1 1,316.6 1,339.0 1,418.5 1,371.8 7 237.5 244.8 240.0 241.6 243.7 245.8 248.1 206.2 202.1 203.4 205.2 8 200.0 207.0 209.0 9 37.5 38.6 37.9 38.2 38.5 38.8 39.1 Equals: Net national product.... 10 10,111.5 10,165.0 10,233.0 10,207.8 10,245.7 10,166.9 10,039.7 Addenda: Gross domestic income 1 ........ Gross national income 2 .......... Net domestic product............... Net domestic income 3 ............ 11 11,591.9 11,541.1 11,609.3 11,593.8 11,615.2 11,590.3 11,365.5 12 11,677.7 11,651.3 11,746.8 11,708.8 11,710.0 11,695.2 11,492.1 13 10,025.9 10,055.1 10,096.1 10,093.2 10,151.2 10,062.4 9,913.7 14 10,093.5 9,945.3 10,084.7 10,041.4 10,040.2 9,941.7 9,758.7 1. Gross domestic income deflated by the implicit price deflator for gross domestic product. 2. Gross national income deflated by the implicit price deflator for gross national product. 3. Net domestic income deflated by the implicit price deflator for net domestic product. Note. Except as noted in footnotes 1,2 and 3, chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. 728.6 Table 1.8.3. Command-Basis Real Gross National Product, Quantity Indexes 21 100.2 103.6 103.1 103.2 102.1 92.1 -7.9 - 8.1 -6.7 -7.1 -7.7 - 8.0 -6.3 0.0 0.0 0.0 0.0 0.0 0.0 24 2 ,000.1 2,037.7 2,056.2 2,054.1 2,052.3 2,055.7 1,988.5 25 1,713.3 1,869.1 1,737.8 1,778.1 Equals: Personal income............. 1,926.3 1,872.7 1,899.3 26 11,663.2 12,102.6 11,872.1 11,960.5 12,152.2 12,170.4 12,127.5 Addenda: Gross domestic income.............. Gross national income................ Gross national factor income 1.... Net domestic product................. Net domestic income.................. Net national factor income 2....... 27 28 29 30 31 32 13,889.0 13,991.4 12,935.9 12,087.1 12,168.5 11,215.5 14,128.8 14,262.0 13,183.4 12,432.3 12,296.5 11,351.1 14,017.4 14,182.7 13,111.1 12,272.6 12,258.8 11,352.5 14,087.4 14,225.6 13,154.4 12,372.9 12,309.5 11,376.4 Seasonally adjusted -9.6 23 [Index numbers, 2000=100] 116.8 22 14,157.8 14,271.7 13,188.7 12,491.3 12,354.7 11,385.6 14,262.6 14,389.4 13,311.5 12,514.8 12,364.5 11,413.4 14,007.3 14,161.3 13,079.2 12,350.2 12,157.2 11,229.1 1. Consists of compensation of employees, proprietors’ income with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj), rental income of persons with CCAdj, corporate profits with IVA and CCAdj, net interest and miscellaneous payments, and consumption of fixed capital. 2. Consists of gross national factor income less consumption of fixed capital. I 2 996.4 20 2008 IV 974.9 19 2007 Line 2007 2008 2007 2008 IV Gross national product............. Less: Exports of goods and services and income receipts from the rest of the world......... Plus: Command-basis exports of goods and services and income receipts from the rest of the world 1 .................................... Equals: Command-basis gross national product..................... Addendum: Percent change from preceding period in command-basis real gross national product ... I II III IV 1 117.795 119.342 119.302 119.329 119.950 119.901 118.190 2 145.597 146.613 151.448 148.662 150.058 149.930 137.803 142.179 137.617 145.463 141.612 138.541 137.696 132.619 4 117.282 117.992 118.404 118.271 118.222 118.065 117.412 2.1 0.6 0.4 -0.4 - 0.2 -0.5 - 2.2 3 5 1. Exports of goods and services and income receipts deflated by the implicit price deflator for imports of goods and services and income payments. Table 1.8.6. Command-Basis Real Gross National Product, Chained Dollars [Billions of chained (2000) dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Gross national product............. Less: Exports of goods and services and income receipts from the rest of the world......... Plus: Command-basis exports of goods and services and income receipts from the rest of the world 1 .................................... 2008 I II III IV 1 11,609.8 11,762.3 11,758.3 11,760.9 11,822.2 11,817.3 11,648.7 2 2,153.3 2,168.3 2,239.8 2,198.6 2,219.3 2,217.4 2,038.0 3 2,102.7 2,035.3 2,151.4 2,094.4 2,049.0 2,036.5 1,961.4 Equals: Command-basis gross national product..................... 4 11,559.2 11,629.3 11,669.8 11,656.8 11,651.9 11,636.5 11,572.1 Addendum: Terms of trade 2....................... 5 97.652 93.918 96.051 95.261 92.328 91.843 96.241 1. Exports of goods and services and income receipts deflated by the implicit price deflator for imports of goods and sen/ices and income payments. 2. Ratio of the implicit price deflator for exports of goods and services and income receipts to the corresponding implicit price deflator for imports divided by 100. Note. Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. April 2009 D-15 S u r v e y o f C u r r e n t B u s in e s s Table 1.10. Gross Domestic Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 2008 IV Gross domestic income........................................................................................................... Compensation of employees, paid.................................................................................................. Wage and salary accruals............................................................................................................... Disbursements 4 To persons 5 To the rest of the world Wage accruals less disbursements.............................................................................................. Supplements to wages and salaries................................................................................................ 1 2 I II IV III 13,889.0 14,128.8 14,017.4 14,087.4 14,157.8 14,262.6 14,007.3 7,819.4 6,362.8 6,369.0 6,359.0 7,948.3 6,472.8 6,472.8 6,462.5 10.3 8,017.0 6,525.2 6,525.2 6,515.0 8,040.7 6,538.5 6,538.5 6,528.2 8,100.2 6,589.1 6,589.1 6,578.9 8,091.6 6,576.9 6,576.9 6,566.4 6 10.0 8,062.3 6,557.4 6,557.4 6,547.1 10.3 7 -6.3 1,456.6 0.0 0.0 10.2 0.0 10.2 0.0 10.2 0.0 10.6 0.0 8 1,504.9 1,475.5 1,491.7 1,502.2 1,511.1 1,514.7 9 1,015.5 1,033.8 1,027.7 1,025.8 1,039.4 1,044.1 1,026.1 10 11 12 52.3 50.7 50.6 50.8 50.3 51.2 3,386.0 3,393.9 899.6 3,317.4 3,324.5 915.4 103.2 1,071.7 39.1 3,325.5 3,333.3 935.8 1,056.2 40.0 3,251.1 3,259.2 928.8 103.6 1,072.4 64.4 52.3 3,335.2 3,341.9 936.7 103.1 1,073.8 38.6 1,076.9 58.6 3,270.6 3,278.6 901.0 92.1 1,080.5 68.5 3,090.8 3,100.4 963.1 116.8 1,060.6 91.4 20 1,297.8 450.4 847.4 671.1 1,090.0 366.6 723.3 663.9 1,189.7 433.5 756.3 706.6 1,195.1 402.9 792.1 654.9 1,159.8 406.8 753.0 681.6 1,136.4 393.5 742.9 647.3 263.2 605.3 671.8 21 22 176.3 -7.9 59.4 - 8.1 49.7 -6.7 137.2 -7.1 71.4 -7.7 95.6 - 8.0 -66.5 -9.6 Consumption of fixed capital............... Private................................................ Government.................................................................................................................................... 23 24 25 1,720.5 1,431.1 289.4 1,832.3 1,523.1 309.2 1,758.6 1,462.3 296.3 1,778.0 1,477.5 300.5 1,803.1 1,497.4 305.7 1,898.1 1,585.9 312.1 1,850.1 1,531.7 318.4 Addendum: Statistical discrepancy.................................................................................................................... 26 -81.4 135.8 13.9 63.4 136.6 150.2 193.0 Taxes on production and imports Less; Subsidies... Net operating surplus Private enterprises Net interest and miscellaneous payments, domestic industries................................................... Business current transfer payments (net).................................................................................... Proprietors’ income with inventory valuation and capital consumption adjustments..................... Rental income of persons with capital consumption adjustment................................................. Corporate profits with inventory valuation and capital consumption adjustments, domestic industries................................................................................................................................ Taxes on corporate income..................................................................................................... Profits after tax with inventory valuation and capital consumption adjustments....................... Net dividends...................................................................................................................... Undistributed corporate profits with inventory valuation and capital consumption adjustments.................................................................................................................... Current surplus of government enterprises 3 13 14 15 16 17 18 19 100.2 102.1 868.6 16 National Data April 2009 Table 1.12. National Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 12,270.9 12,429.7 12,424.1 12,447.6 12,468.6 12,491.4 12,311.2 7,812.3 6,355.7 1,075.2 5,280.5 1,456.6 991.9 464.7 8,055.1 6,550.1 1,129.5 5,420.6 1,504.9 1,026.9 478.0 7,941.0 6,465.5 1,092.1 5,373.4 1,475.5 1,005.9 469.6 8,009.7 6,518.0 1,109.7 5,408.3 1,491.7 1,015.3 476.4 8,033.5 6,531.3 1,123.4 5,407.9 1,502.2 1,024.4 477.8 8,092.9 6,581.8 1,138.3 5,443.5 1,511.1 1,031.2 479.9 8,084.1 6,569.4 1,146.7 5,422.8 1,514.7 1,036.7 478.0 1,056.2 44.0 1,012.2 1,072.4 34.6 1,037.9 1,073.8 47.1 1,026.7 1,071.7 41.6 1,030.1 1,076.9 38.0 1,039.0 1,080.5 32.4 1,048.2 1,060.6 26.3 1,034.2 2008 IV National income........................................................................................................................ Compensation of employees Wage and salary accruals Government.......... Other..................... Supplements to wages and salaries................................................................................................ Employer contributions for employee pension and insurance funds............................................ Employer contributions for government social insurance............................................................. 1 2 3 4 5 6 7 8 Proprietors’ income with IVA and CCAdj......................................................................................... 9 Nonfarm.......................................................................................................................................... Rental income of persons with CCAdj 10 11 12 Corporate profits with IVA and CCAdj Taxes on corporate income............... Profits after tax with IVA and CCAdj ... Net dividends.............................................................................................................................. Undistributed profits with IVA and CCAdj..................................................................................... 13 14 15 16 17 I II III IV 40.0 64.4 38.6 39.1 58.6 68.5 91.4 1,642.4 450.4 1,192.0 788.7 403.4 1,476.5 366.6 1,109.9 832.1 277.8 1,611.1 433.5 1,177.6 816.4 361.2 1,593.5 402.9 1,190.6 832.5 358.1 1,514.8 393.5 1,121.3 841.1 280.3 1,264.5 263.2 1,001.2 808.3 192.9 Net interest and miscellaneous payments....................................................................................... 18 664.4 682.7 688.1 662.3 1,533.3 406.8 1,126.5 846.4 280.0 683.4 656.6 728.6 Taxes on production and imports..................................................................................................... 19 1,015.5 1,033.8 1,027.7 1,025.8 1,039.4 1,044.1 1,026.1 Less: Subsidies................................................................................................................................. 20 21 22 Business current transfer payments (net) To persons (net)................................ To government (net).......................... To the rest of the world (net).............. 52.3 50.7 52.3 50.6 50.8 50.3 51.2 103.6 34.7 63.3 5.5 103.1 33.1 62.1 103.2 32.2 63.0 102.1 32.4 63.6 92.1 41.5 46.4 4.2 116.8 32.8 80.2 3.8 23 24 100.2 31.9 61.4 6.9 8.0 8.0 6.1 Current surplus of government enterprises.................................................................................... 25 -7.9 -8.1 -6.7 -7.1 -7.7 -8.0 -9.6 Cash flow: Net cash flow with IVA and CCAdj................................................................................................... Undistributed profits with IVA and CCAdj..................................................................................... Consumption of fixed capital........................................................................................................ Less: Inventory valuation adjustment............................................................................................... Equals: Net cash flow...................................................................................................................... 26 27 28 29 30 1,348.7 403.4 945.3 -51.2 1,399.9 1,288.9 277.8 1,011.1 -49.0 1,338.0 1,326.9 361.2 965.7 -74.1 1,401.0 1,337.0 358.1 978.8 -109.4 1,446.3 1,276.5 280.0 996.5 -154.0 1,430.5 1,319.6 280.3 1,039.4 -90.9 1,410.5 1,222.6 Addenda: Proprietors’ income with IVA and CCAdj.......................................................................................... Farm............................................................................................................................................ Proprietors’ income with IVA.................................................................................................... Capital consumption adjustment Nonfarm....................................... Proprietors’ income (without IVA and CCAdj).......................................................................... Inventory valuation adjustment.. Capital consumption adjustment Rental income of persons with CCAdj Rental income of persons (without CCAdj) Capital consumption adjustment.................................................................................................. Corporate profits with IVA and CCAdj.......... Corporate profits with IVA........................ Profits before tax (without IVA and CCAdj) Taxes on corporate income............... Profits after tax (without IVA and CCAdj) Net dividends............................... Undistributed profits (without IVA and CCAdj) Inventory valuation adjustment................................................................................................ Capital consumption adjustment.................................................................................................. 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 1,056.2 44.0 51.5 -7.5 1,012.2 893.5 - 6.8 125.5 40.0 56.8 -16.8 1,642.4 1,835.1 1,886.3 450.4 1,435.9 788.7 647.3 -51.2 -192.7 1,072.4 34.6 42.6 - 8.1 1,037.9 865.6 -5.6 177.9 64.4 81.9 -17.5 1,476.5 1,548.2 1,597.3 366.6 1,230.6 832.1 398.6 -49.0 -71.7 1,073.8 47.1 54.8 -7.7 1,026.7 907.0 - 10.0 129.7 38.6 55.7 -17.0 1,611.1 1,820.2 1,894.3 433.5 1,460.9 816.4 644.5 -74.1 -209.2 1,071.7 41.6 49.4 -7.8 1,030.1 871.0 -13.5 172.6 39.1 55.9 -16.8 1,593.5 1,641.5 1,750.9 402.9 1,348.0 832.5 515.5 -109.4 -48.0 1,076.9 38.0 45.9 -7.9 1,039.0 881.9 -19.7 176.7 58.6 75.1 -16.5 1,533.3 1,596.0 1,750.0 406.8 1,343.2 846.4 496.7 -154.0 -62.7 1,080.5 32.4 40.6 - 8.2 1,048.2 883.5 -10.5 175.2 68.5 89.9 -21.4 1,514.8 1,602.8 1,693.7 393.5 1,300.1 841.1 459.1 -90.9 - 88.0 IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 192.9 1,029.7 158.1 1,064.5 1,060.6 26.3 34.7 -8.3 1,034.2 826.1 21.2 187.0 91.4 106.9 -15.5 1,264.5 1,352.6 1,194.5 263.2 931.2 808.3 122.9 158.1 - 88.1 April 2009 Survey of D-17 C u r r e n t B u sin ess Table 1.14. Gross Value Added of Domestic Corporate Business in Current Dollars and Gross Value Added of Nonfinancial Domestic Corporate Business in Current and Chained Dollars [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV 1 2 2008 I II III Gross value added of financial corporate business 1............................................................ 16 1,120.2 1,011.6 1,071.6 1,114.0 1,071.4 8,304.1 1,039.4 7,264.7 5,246.3 4,333.3 913.0 682.0 1,336.5 102.5 97.6 1,136.4 393.5 742.9 647.3 95.6 1,043.4 Gross value added of nonfinancial corporate business 1...................................................... Consumption of fixed capital............................................................................................................... Net value added.................................................................................................................................. Compensation of employees........................................................................................................... Wage and salary accruals........................................................................................................... Supplements to wages and salaries Taxes on production and imports less subsidies Net operating surplus........................ Net interest and miscellaneous payments Business current transfer payments Corporate profits with IVA and CCAdj Taxes on corporate income........ Profits after tax with IVA and CCAdj......................................................................................... Net dividends...................................................................................................................... Undistributed profits with IVA and CCAdj............................................................................. 17 18 19 7,075.1 822.3 6,252.8 4,525.3 3,734.2 791.1 611.9 1,115.5 179.4 321.1 547.0 503.4 43.5 7,170.4 882.4 6,288.0 4,634.6 3,822.5 812.1 622.5 1,031.0 185.4 57.6 788.0 270.7 517.3 508.6 8.7 7,135.5 840.7 6,294.8 4,602.7 3,802.8 799.9 619.5 1,072.6 185.4 67.7 819.5 314.7 504.7 533.0 -28.3 7,119.3 852.6 6,266.7 4,623.0 3,814.8 808.2 617.9 1,025.8 180.5 57.9 787.4 279.8 507.6 494.0 13.6 7,153.1 868.5 6,284.6 4,630.8 3,819.1 811.7 625.6 1,028.2 186.7 58.2 783.2 294.0 489.2 514.2 -25.0 7,260.7 909.8 6,350.9 4,653.6 3,838.8 814.7 628.6 1,068.8 180.9 52.6 835.3 303.7 531.6 498.4 33.2 7,148.6 898.7 6,249.9 4,630.9 3,817.2 813.6 617.9 1,001.2 193.5 61.5 746.2 205.3 540.9 527.7 13.2 Gross value added of corporate business 1............................................................................ Consumption of fixed capital............................................................................................................... Net value added.................................................................................................................................. Compensation of employees... Wage and salary accruals... Supplements to wages and salaries Taxes on production and imports less subsidies.............................................................................. Net operating surplus............. Net interest and miscellaneous payments Business current transfer payments Corporate profits with IVA and CCAdj Taxes on corporate income Profits after tax with IVA and CCAdj Net dividends............. Undistributed profits with IVA and CCAd)............................................................................. 3 4 5 6 7 8 9 10 11 12 13 14 15 20 21 22 23 24 25 26 27 28 29 30 31 8,195.3 945.3 7,249.9 5,110.1 4,223.6 886.5 663.9 1,476.0 100.5 77.8 1,297.8 450.4 847.4 671.1 176.3 68.1 868.1 8,182.0 1,011.1 7,170.9 5,227.3 4,317.3 910.0 675.4 1,268.2 104.4 73.9 1,090.0 366.6 723.3 663.9 59.4 8,207.1 965.7 7,241.4 5,194.4 4,298.0 896.4 672.1 1,374.9 103.6 81.6 1,189.7 433.5 756.3 706.6 49.7 8,233.3 978.8 7,254.5 5,222.3 4,316.6 905.7 670.4 1,361.8 100.6 66.1 1,195.1 402.9 792.1 654.9 137.2 8,224.4 996.5 7,227.9 5,219.5 4,309.9 909.6 678.8 1,329.6 105.2 64.7 1,159.8 406.8 753.0 681.6 71.4 IV 7,966.1 1,029.7 6,936.4 5,221.1 4,309.4 911.7 670.4 1,044.9 109.2 67.1 868.6 263.2 605.3 671.8 -66.5 817.5 Addenda: Corporate business: Profits before tax (without IVA and CCAdj).................................................................................. Profits after tax (without IVA and CCAdj)..................................................................................... Inventory valuation adjustment................................................................................................... Capital consumption adjustment................................................................................................. 32 33 34 35 1,541.6 1,091.2 -51.2 -192.7 1,210.7 844.1 -49.0 -71.7 1,473.0 1,039.6 -74.1 -209.2 1,352.4 949.5 -109.4 -48.0 1,376.5 969.7 -154.0 -62.7 1,315.2 921.7 -90.9 - 88.0 798.6 535.3 158.1 - 88.1 Nonfinancial corporate business: Profits before tax (without IVA and CCAdj).................................................................................. Profits after tax (without IVA and CCAdj)..................................................................................... Inventory valuation adjustment................................................................................................... Capital consumption adjustment................................................................................................. 36 37 38 39 1,091.7 770.7 -51.2 -172.5 901.8 631.0 -49.0 -64.7 1,080.6 765.8 -74.1 -187.0 939.6 659.8 -109.4 -42.8 993.3 699.3 -154.0 -56.1 1,006.5 702.7 -90.9 -80.3 667.7 462.4 158.1 -79.6 Gross value added of nonfinancial corporate business 2...................................................... Consumption of fixed capital3 ................................................................................................ Net value added 4................................................................................................................... 40 41 42 6,243.1 716.9 5,526.2 6,326.0 766.7 5,559.3 6,410.9 789.3 5,621.6 6,235.0 775.4 5,459.6 Value added, in billions of chained (2000) dollars 6,304.4 731.6 5,572.9 6,283.0 744.8 5,538.3 6,375.1 757.5 5,617.7 1. Estimates for financial corporate business and nonfinancial corporate business for 2000 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the chain-type price index for GDP goods and structures is used. 3. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 2000 current-dollar value of the corresponding series, divided by 100. 4. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross product and the consumption of fixed capital. IVA Inventory valuation adjustment CCAdj Capital consumption adjustment Table 1.15. Price, Costs, and Profit Per Unit of Real Gross Value Added of Nonfinancial Domestic Corporate Business [Dollars] Seasonally adjusted Line 2007 2008 2007 IV Price per unit of real gross value added of nonfinancial corporate business 1........................... Compensation of employees (unit labor cost)................................................................................ Unit nonlabor cost............................................................................................................................ Consumption of fixed capital........................................................................................................... Taxes on production and imports less subsidies plus business current transfer payments.............. Net interest and miscellaneous payments....................................................................................... Corporate profits with IVA and CCAdj (unit profits from current production).............................. Taxes on corporate income............................................................................................................. Profits after tax with IVA and CCAdj................................................................................................. 1 2 3 4 5 6 7 8 9 2008 1 II III IV 1.133 1.133 1.132 1.133 1.122 1.133 1.147 0.725 0.733 0.730 0.736 0.726 0.726 0.743 0.270 0.132 0.109 0.029 0.139 0.051 0.088 0.276 0.139 0.108 0.029 0.271 0.133 0.109 0.029 0.273 0.136 0.108 0.029 0.272 0.136 0.107 0.029 0.276 0.142 0.106 0.028 0.284 0.144 0.109 0.031 0.125 0.043 0.082 0.130 0.050 0.080 0.125 0.045 0.081 0.123 0.046 0.077 0.130 0.047 0.083 0.120 0.033 0.087 1. The implicit price deflator for gross value added of nonfinancial corporate business divided by 100. Estimates for nonfinancial corporate business for 2000 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). Note. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not avail able, the chain-type price index for GDP goods and structures is used. IVA lnvento|7 valuation adjustment CCAdj Capital consumption adjustment D-18 National Data April 2009 2. Personal Income and Outlays Table 2.1. Personal Income and Its Disposition [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Personal income........................... Compensation of employees, received Wage and salary disbursements Private industries............... Government....................... Supplements to wages and salaries Employer contributions for employee pension and insurance funds........................................ Employer contributions for government social insurance......................................................... Proprietors’ income with inventory valuation and capital consumption adjustments......................... Farm............................................................................................................................................ Nonfarm...................................................................................................................................... Rental income of persons with capital consumption adjustment...................................................... Personal income receipts on assets Personal interest income Personal dividend income Personal current transfer receipts Government social benefits to persons....................................................................................... Old-age, survivors, disability, and health insurance benefits.................................................... Government unemployment insurance benefits....................................................................... Veterans benefits.... Family assistance 1. Other...................... Other current transfer receipts, from business (net)..................................................................... Less: Contributions for government social insurance....................................................................... 1 2 2008 I III IV 23 24 11,663.2 7,818.6 6,362.0 5,286.7 1,075.2 1,456.6 991.9 464.7 1,056.2 44.0 1,012.2 40.0 2 ,000.1 1,214.3 785.8 1,713.3 1,681.4 999.4 32.3 41.9 18.8 588.9 31.9 965.1 1,492.8 1,460.6 1,520.5 1,535.0 1,346.1 1,470.7 1,490.4 Equals: Disposable personal income............................................................................................. 25 26 10,170.5 10,642.1 10,351.5 10,425.5 10,806.0 10,699.7 10,637.1 Less: Personal outlays................ Personal consumption expenditures Personal interest payments2 Personal current transfer payments To government....................... To the rest of the world (net)... 27 28 29 30 31 32 10,113.1 9,710.2 265.4 137.5 81.2 56.3 10,450.7 10,057.9 248.2 144.5 84.4 60.1 10,309.2 9,892.7 276.7 139.8 82.5 57.3 10,404.9 10,002.3 261.7 140.8 82.9 57.9 10,538.2 10,138.0 253.8 146.4 83.7 62.7 10,559.9 10,163.5 248.9 147.5 84.8 62.7 10,299.7 9,927.9 228.4 143.4 86.3 57.1 Equals: Personal saving................................................................................................................... 33 57.4 191.4 42.4 20.6 267.9 139.8 337.4 Personal saving as a percentage of disposable personal income............................................ 34 0.6 1.8 0.4 0.2 2.5 1.3 3.2 35 8,644.0 8,752.6 8,683.1 8,667.9 8,891.0 8,696.4 8,754.2 36 37 38 33,706 28,648 301,737 34,946 28,741 304,529 34,179 28,670 302,865 34,351 28,560 303,498 35,531 29,234 304,128 35,096 28,525 304,872 34,805 28,644 305,619 Disposable personal income, current dollars......................................................................... 39 5.5 4.6 4.9 -3.9 -2.3 40 2.8 1.3 0.6 2.9 -0.7 15.4 Disposable personal income, chained (2000) dollars............................................................. 10.7 -8.5 2.7 Less: Personal current taxes........................................................................................................... Addenda: Disposable personal income: Total, billions of chained (2000) dollars 3..................................................................................... Per capita: Current dollars........................................................................................................................ Chained (2000) dollars Population (midperiod, thousands) Percent change from preceding period: 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 12,102.6 8,055.1 6,550.1 5,420.6 1,129.5 1,504.9 1,026.9 478.0 1,072.4 34.6 1,037.9 64.4 2,037.7 1,208.5 829.1 1,869.1 1,834.4 1,058.3 52.3 45.4 19.3 659.0 34.7 996.0 11,872.1 7,941.0 6,465.5 5,373.4 1,092.1 1,475.5 1,005.9 469.6 1,073.8 47.1 1,026.7 38.6 2,056.2 1,242.7 813.5 1,737.8 1,704.7 1,009.6 34.3 42.7 19.0 599.2 33.1 975.3 II 11,960.5 8,009.7 6,518.0 5,408.3 1,109.7 1,491.7 1,015.3 476.4 1,071.7 41.6 1,030.1 39.1 2,054.1 1,224.6 829.5 1,778.1 1,745.8 1,032.4 38.2 44.6 19.2 611.5 32.2 992.2 12,152.2 8,033.5 6,531.3 5,407.9 1,123.4 1,502.2 1,024.4 477.8 1,076.9 38.0 1,039.0 58.6 2,052.3 1,208.7 843.6 1,926.3 1,893.9 1,050.0 41.4 44.9 19.3 738.4 32.4 995.4 12,170.4 8,092.9 6,581.8 5,443.5 1,138.3 1,511.1 1,031.2 479.9 1,080.5 32.4 1,048.2 68.5 2,055.7 1,217.4 838.3 1,872.7 1,831.2 1,068.9 59.2 45.7 19.4 637.9 41.5 1,000.0 12,127.5 8,084.1 6,569.4 5,422.8 1,146.7 1,514.7 1,036.7 478.0 1,060.6 26.3 1,034.2 91.4 1,988.5 1,183.4 805.1 1,899.3 1,866.6 1,081.9 70.4 46.5 19.5 648.3 32.8 996.4 1. Consists of aid to families with dependent children and, beginning with 1996, assistance programs operating under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996. 2. Consists of nonmortgage interest paid by households. 3. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditures. Table 2.2B. Wage and Salary Disbursements by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Wage and salary disbursements.............................................................................................. Private industries............................................................................................................................... Goods-producing industries............................................................................................................. Manufacturing......................... Services-producing industries.... Trade, transportation, and utilities Other services-producing industries 1 Government........................................................................................................................................ 1 2 2008 I II III IV 6,362.0 6,550.1 6,465.5 6,518.0 6,531.3 6,581.8 6,569.4 7 5,286.7 1,205.4 746.0 4,081.3 1,035.2 3,046.1 5,420.6 1,209.0 741.4 4,211.6 1,046.7 3,164.9 5,373.4 1,218.2 750.2 4,155.3 1,048.3 3,106.9 5,408.3 1,217.7 748.4 4,190.5 1,050.4 3,140.2 5,407.9 1,212.7 745.0 4,195.2 1,048.4 3,146.7 5,443.5 1,211.7 742.2 4,231.8 1,050.4 3,181.5 5,422.8 1,193.9 730.2 4,228.8 1,037.5 3,191.4 8 1,075.2 1,129.5 1,092.1 1,109.7 1,123.4 1,138.3 1,146.7 3 4 5 6 1. Other services-producing industries consists of information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises, administrative and support and waste management and remediation services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services. N ote. Estimates in this table are based on the 1997 North American Industry Classification System (NAICS). April 2009 D-19 S u rv ey o f C u rren t B usiness Table 2.3.2. Contributions to Percent Change in Real Personal Consumption Expenditures by Major Type of Product Table 2.3.1. Percent Change From Preceding Period in Real Personal Consumption Expenditures by Major Type of Product [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2007 2008 2007 2008 IV Personal consumption expenditures................. Services...................................... Housing.......................................... Household operation.................. Electricity and g a s .................. Other household operation... Transportation............................... Medical c a re ................................. Recreation..................................... O th e r.............................................. Addenda: Energy goods and services ’ ... Personal consumption expenditures excluding food and energy................................ II III 2007 2008 2007 2008 I IV IV II III IV Percent change at annual rate: 1 2 2.8 0.2 1.0 0.9 1.2 -3.8 -4.3 4.8 3 Durable goods........................... Motor vehicles and p arts........... Furniture and household equipment................................. O th e r.............................................. Nondurable goods..................... F o o d ................................................ Clothing and shoes...................... Gasoline, fuel oil, and other energy goods........................... Gasoline and oil....................... Fuel oil and co al...................... O th e r.............................................. I Line 2.0 -4.3 -1 3 .3 0.4 - 0.8 -4.3 -1 0 .7 -2.8 -1 9 .7 -14.8 -2 6 .6 -22.1 -3 7 .9 1.8 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 8.0 -2 .3 14.0 2.4 - 8.2 - 4 .6 - 8.8 -1 7 .0 -3 .2 -0.4 1.3 3.0 3.9 4.1 10.9 -7.1 -7 .3 -1 3 .3 -9.4 -1 4 .7 -9 .3 -4 .5 - 3 .8 -1 3 .0 0.3 -1 .7 - 2.0 3.2 -1 .5 - 6.0 -5 .2 -16.1 - 1.8 -6 .4 - 4 .9 -2 3 .7 -1 3 .4 -1 2 .4 -2 6 .2 8.6 6.2 0.2 1.5 0.9 -0 .3 - 2.0 1.4 2.4 0.5 0.7 1.7 - 4 .3 4.8 3.4 - 0.8 3.9 -3 .6 2.5 1.9 4.7 -0.6 - 0.1 0.4 0.3 0.8 0.1 10.0 3.2 2.6 1.5 1.8 1.9 1.8 2.8 - 11.0 1.0 2.1 - 3 .0 3.5 - 0.8 1.4 - 0.8 4.0 -0 .4 - 0.8 7.4 - 2.1 1.7 4.9 - 4 .7 4.1 -0.1 0.7 - 8.2 -2 0 .7 - 2 .3 2.5 - 1 .5 1.1 - 0.6 1.2 1.8 2.5 0.5 3.9 20 21 1.9 2.9 4.5 3.2 22 1.2 -3 .6 -0 .9 -1 .5 23 3.1 0.6 0.8 7.2 28.6 - 7 .8 1.5 0.4 8.2 0.2 19.1 0.9 - 6.6 3.0 - 1.1 1.4 - 8.0 -1 6 .0 12.5 1.5 - 2.1 -3 .6 1.0 2.8 1.3 -0 .3 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. Personal consumption expenditures.................. 1 2.8 0.2 1.0 0.9 1.2 -3.8 -4.3 2 3 0.54 0.09 -0.46 -0 .5 9 0.04 -0 .0 4 -0.47 -0 .4 9 -0.30 -0 .9 0 -1.60 -1 .1 5 -2.40 -1 .6 2 4 5 0.34 0.11 0.15 - 0.02 0.16 -0 .0 9 0.07 -0 .0 5 0.55 0.06 -0 .3 5 -0.11 -0 .3 7 -0 .4 2 6 0.72 0.26 0.18 -0.18 - 0.02 0.08 0.38 - 0.12 -0.11 0.18 0.11 1.13 0.56 0.39 -2.17 -1 .0 4 -0 .5 2 -2.83 -2 .1 8 -0 .3 5 9 0.03 10 11 12 0.00 0.02 - 0.20 -0 .1 6 -0 .0 4 -0 .0 7 -0 .0 7 -0 .2 6 - 0.20 -0 .0 5 -0 .1 4 -0 .2 8 - 0.20 -0 .0 8 0.46 -0 .6 3 -0 .5 4 -0 .0 9 0.32 0.25 0.07 -0 .6 2 1.44 0.07 -0.04 Percentage points at annual rates: Durable goods............................ Motor vehicles and parts............ Furniture and household equipment................................. Other............................................... Nondurable goods..................... Food................................................ Clothing and shoes..................... Gasoline, fuel oil, and other energy goods........................... Gasoline and oil....................... Fuel oil and coal....................... O ther............................................... Services..................................... Housing........................................... Household operation................... Electricity and g a s .................. Other household operation... Transportation............................... Medical c a re ................................. Recreation..................................... O ther............................................... Addenda: Energy goods and services 1.... Personal consumption expenditures excluding food and energy................................ 7 8 13 14 15 16 17 18 19 0.02 0.25 0.02 1.53 0.87 0.14 0.22 0.10 - 0.02 -0 .0 5 0.03 - 0.02 0.61 -0 .0 3 0.01 - 0.12 0.84 0.17 0.13 0.01 0.12 0.16 -0 .0 7 0.06 0.84 - 0.20 0.57 0.02 0.40 0.25 -0 .2 4 -0 .2 7 0.03 - 0.11 0.49 0.05 -0 .0 5 0.10 0.11 -0 .4 7 -0 .5 3 0.07 -0 .0 9 0.44 -0 .0 6 0.03 0.94 0.06 0.44 0.41 0.03 -0 .2 5 0.54 -0 .0 4 20 21 0.04 0.06 0.07 0.50 0.18 0.45 0.20 -0 .0 3 0.69 - 0.01 - 0.11 22 0.07 -0 .2 5 -0 .0 5 -0 .0 9 -0 .5 5 -1 .1 6 0.73 23 2.46 0.50 0.62 0.78 1.22 -1 .6 2 -2 .8 4 0.20 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. Table 2.3.3. Real Personal Consumption Expenditures by Major Type of Product, Quantity Indexes Table 2.3.4. Price Indexes for Personal Consumption Expenditures by Major Type of Product [Index numbers, 2 0 0 0 =1 0 0 ] [Index numbers, 2 0 0 0 =1 0 0 ] Seasonally adjusted Seasonally adjusted Line 2007 2008 2007 2008 IV Personal consumption expenditures.................. Services..................................... Housing......................................... Household operation.................. Electricity and g a s .................. Other household operation... Transportation............................... Medical c a re ................................. Recreation..................................... O th e r.............................................. Addenda: Energy goods and services 1 ... Personal consumption expenditures excluding food and energy................................ II Line III 3 115.582 100.189 114.513 111.313 105.357 97.517 86.570 4 5 189.830 139.314 196.325 138.197 193.857 140.796 194.714 139.967 201.210 196.934 192.442 132.844 6 122.872 122.143 123.261 140.804 139.174 119.908 139.228 120.924 138.806 123.147 124.317 121.315 122.534 139.821 143.488 122.035 119.071 120.232 115.549 138.462 135.141 98.819 101.050 75.184 129.350 102.901 104.617 84.398 129.094 101.329 103.243 80.774 128.514 96.137 98.641 69.967 130.525 13 14 15 16 17 18 19 118.259 116.420 107.959 105.447 109.760 102.731 129.317 20 124.880 21 115.218 119.992 117.483 107.678 103.310 110.966 102.093 133.888 123.846 116.868 22 104.223 23 7 120.038 8 138.677 9 103.438 10 105.007 11 86.464 12 128.976 124.197 Personal consumption expenditures.................. Durable goods............................ Motor vehicles and parts............ Furniture and household equipment................................. O ther............................................... 98.147 100.360 74.511 127.912 119.020 119.739 116.839 116.978 108.696 109.183 105.540 107.453 110.980 110.404 102.969 103.408 130.943 132.522 125.365 123.860 115.638 116.814 119.937 119.916 120.376 117.469 117.687 117.799 108.001 105.716 107.810 98.502 102.911 104.375 110.677 111.261 111.521 102.628 102.026 100.311 133.451 134.285 135.295 124.263 123.801 123.461 116.714 116.768 117.176 Services..................................... Housing........................................... Household operation................... Electricity and g a s .................. Other household operation... Transportation............................... Medical c a re ................................. R ecreation..................................... Other............................................... 100.490 103.913 103.532 101.388 97.073 99.968 124.974 124.921 125.225 125.703 125.048 123.919 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. 2008 2007 2008 IV Nondurable goods..................... Food................................................ Clothing and shoes..................... Gasoline, fuel oil, and other energy goods........................... Gasoline and oil....................... Fuel oil and coal....................... O ther............................................... 99.664 101.954 75.486 130.448 2007 IV 1 122.456 122.743 123.130 123.395 123.770 122.572 121.235 2 143.908 137.666 144.856 143.284 142.273 136.695 128.413 Durable goods........................... Motor vehicles and p arts........... Furniture and household equipment................................. O th e r.............................................. Nondurable goods..................... F oo d ............................................... Clothing and shoes..................... Gasoline, fuel oil, and other energy goods........................... Gasoline and oil....................... Fuel oil and co al..................... O th e r.............................................. I Addenda: Energy goods and services 1 .... Personal consumption expenditures excluding food and energy................................ I II III IV 1 117.659 121.596 119.221 87.154 86.071 86.598 98.046 3 98.589 98.919 120.283 121.544 123.041 121.514 85.357 86.581 86.237 86.110 96.758 98.698 98.382 98.345 4 5 68.115 100.809 2 67.161 102.109 66.716 102.720 65.972 103.418 6 118.407 124.666 121.092 123.059 125.021 69.924 99.421 66.991 102.264 68.445 99.608 8 119.682 90.595 126.182 90.133 121.553 90.311 123.007 90.203 124.943 89.520 128.129 127.519 90.817 122.455 129.258 89.992 9 185.237 217.688 205.630 218.289 231.457 251.777 10 184.642 215.132 204.938 216.917 228.625 249.711 11 192.322 252.635 213.849 235.889 270.125 278.348 12 111.013 113.241 111.638 112.598 113.027 113.325 169.228 165.273 226.177 114.016 124.712 128.752 126.253 127.133 124.679 128.013 126.086 126.994 124.813 131.675 126.005 127.183 144.797 157.114 146.182 148.139 113.275 117.076 114.354 115.093 119.318 125.478 121.004 122.455 126.601 129.566 128.078 128.364 20 120.418 124.177 121.833 122.851 21 125.365 129.914 127.259 128.529 128.450 127.623 131.604 157.995 116.476 124.768 129.127 123.699 129.950 129.538 128.405 134.783 164.322 117.958 126.808 130.037 125.200 130.416 129.885 129.029 133.132 158.000 118.776 127.879 130.737 124.959 130.763 22 167.857 191.608 180.026 188.015 199.763 214.001 164.652 114.548 117.043 115.512 116.158 116.782 117.481 117.749 7 13 14 15 16 17 18 19 23 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. D-20 National Data April 2009 Table 2.3.5. Personal Consumption Expenditures by Major Type of Product Table 2.3.6. Real Personal Consumption Expenditures by Major Type of Product, Chained Dollars [Billions of dollars] [Billions of chained (200 0) dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 Durable goods........................... Motor vehicles and p arts........... Furniture and household equipment................................. O th e r.............................................. Nondurable goods..................... F oo d ............................................... Clothing and shoes..................... Gasoline, fuel oil, and other energy goods........................... Gasoline and oil....................... Fuel oil and coal..................... O th e r.............................................. Services..................................... Housing......................................... Household operation.................. Electricity and g a s .................. Other household operation... Transportation............................... Medical c a re ................................. Recreation..................................... O th e r.............................................. Addenda: Energy goods and services 1... Personal consumption expenditures excluding food and e n erg y............................... 1 2 9,710.2 10,057.9 Line 2008 IV Personal consumption expenditures.................. Seasonally adjusted at annual rates I II III 9,892.7 10,002.3 10,138.0 10,163.5 9,927.9 Personal consumption expenditures.................. 3 1,023.2 379.9 1,083.0 437.8 1,071.0 424.7 1,059.3 400.6 1,016.2 370.7 946.3 323.8 4 5 415.3 227.0 411.7 231.6 415.3 229.9 415.1 231.3 423.0 235.7 411.2 234.3 397.4 225.2 6 2,833.0 1,329.1 374.0 2,965.1 1,399.2 373.6 2,906.2 1,359.8 373.2 2,950.7 1,380.5 375.5 3,026.2 1,416.3 382.4 3,044.6 1,418.4 374.4 2,839.0 1,381.7 362.1 366.9 340.6 26.3 762.9 411.8 381.8 30.0 780.5 405.3 376.7 28.6 767.9 423.7 393.4 30.2 771.1 441.8 409.5 32.3 785.7 463.6 432.7 30.9 788.2 318.1 291.4 26.7 777.1 6,069.6 1,513.7 553.0 232.3 320.6 373.0 1,781.2 412.6 1,436.1 5,903.5 1,482.7 534.3 20 21 5,794.4 1,460.9 525.7 218.8 306.9 357.0 1,681.1 403.4 1,366.3 313.2 362.9 1,721.9 409.7 1,392.0 5,980.6 1,495.1 541.7 228.1 313.6 368.8 1,746.6 408.2 1,420.2 6,052.5 1,508.8 554.5 236.3 318.1 372.9 1,769.3 412.3 1,434.6 6,102.7 1,520.9 555.8 231.9 323.9 376.8 1,792.9 415.8 1,440.4 6,142.5 1,529.7 559.9 233.0 326.9 373.6 1,816.1 413.9 1,449.3 Services..................................... Housing........................................... Household operation................... Electricity and g a s .................. Other household operation... Transportation............................... Medical c a re ................................. Recreation..................................... Other............................................... Residual.............................................. 22 585.7 644.2 626.4 651.8 678.1 695.6 551.1 23 7,795.3 8,014.5 7,906.6 7,970.1 8,043.5 8,049.5 7,995.0 Addenda: Energy goods and services '.... Personal consumption expenditures excluding food and energy................................ 7 9 10 11 12 13 14 15 16 17 18 19 221.1 2008 2007 2008 IV 1,082.8 440.4 8 2007 IV Durable goods........................... Motor vehicles and p a rts ........... Furniture and household equipment................................. O ther............................................... Nondurable goods..................... Food................................................ Clothing and shoes..................... Gasoline, fuel oil, and other energy goods........................... Gasoline and oil...................... Fuel oil and c o a l..................... O ther............................................... 1 2 I II III IV 8,252.8 8,272.1 8,298.2 8,316.1 8,341.3 8,260.6 8,170.5 3 1,242.4 446.7 1,188.5 387.2 1,250.6 442.6 1,237.0 430.2 1,228.3 407.2 1,180.1 376.9 1,108.6 334.6 4 5 594.0 228.3 614.3 226.5 606.6 230.8 609.3 229.4 629.6 230.8 616.2 228.1 602.2 217.7 6 2,392.6 1,110.5 412.9 2,378.4 1,109.3 414.5 2,400.2 1,118.7 413.2 2,397.9 1,122.4 416.3 2,420.7 1,133.6 427.2 2,376.3 1,112.3 412.2 2,318.6 1,069.0 402.3 198.1 184.5 13.7 687.3 189.2 177.5 11.9 689.3 197.0 183.8 13.4 687.9 194.0 181.4 184.1 173.3 187.9 176.3 684.8 190.8 179.1 11.9 695.1 695.5 681.6 20 21 22 4,646.2 1,171.7 421.2 151.1 270.9 299.2 1,327.8 335.0 1,089.9 -7 0 .7 4,714.3 1,182.4 420.1 148.0 273.9 297.4 1,374.8 332.2 1,105.5 -7 2 .6 4,676.1 1,175.9 424.0 151.2 273.9 299.9 1,344.5 336.3 1,093.9 -7 4 .4 4,704.3 1,177.3 425.9 154.0 272.5 301.2 1,360.8 332.3 1,105.0 -7 3 .6 4,712.1 1,182.3 421.3 149.6 273.2 298.9 1,370.3 333.4 1,104.0 -8 4 .9 4,711.3 1,184.5 412.4 141.2 274.6 297.2 1,378.9 332.1 1,104.6 -78.1 4,729.4 1,185.6 420.6 147.5 275.2 292.2 1,389.2 331.2 1,108.4 -5 4 .3 23 348.9 336.4 347.9 346.6 339.4 325.0 334.7 24 6,805.3 6,847.9 6,845.0 6,861.6 6,887.8 6,851.9 8,790.1 7 8 9 10 11 12 13 14 15 16 17 18 19 12.8 11.1 11.8 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. 1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas. N o t e . Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the differ ence between the first line and the sum of the most detailed lines. April 2 0 0 9 S u rv ey of C urren t B usiness 3. Government Current Receipts and Expenditures Table 3.1. Government Current Receipts and Expenditures [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Current receipts......................................................................... Current tax receipts............................................................................................ Personal current taxes........... Taxes on production and imports Taxes on corporate incom e... Taxes from the rest of the world Contributions for government social insurance............................................ Income receipts on assets......... Interest and miscellaneous receipts Dividends................................... Current transfer receipts............ From business (net)............... From persons.......................... Current surplus of government enterprises.................................................. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 4,177.8 2,948.5 1,492.8 1,015.5 426.3 14.0 965.1 129.5 126.6 2008 I II IV III 4,218.1 2,973.7 1,520.5 1,027.7 407.7 17.9 975.3 131.3 128.4 2.9 144.5 62.1 82.5 -6 .7 4,215.6 2,951.8 1,535.0 1,025.8 375.8 15.3 992.2 132.7 129.7 3.0 145.9 63.0 82.9 -7 .1 4,049.9 2,779.2 1,346.1 1,039.4 378.9 14.8 995.4 135.6 132.7 2.9 147.4 63.6 83.7 - 7 .7 4,154.1 2,895.2 1,470.7 1,044.1 365.2 15.2 1 ,000.0 135.7 132.9 142.6 61.4 81.2 - 7 .9 4,119.7 2,848.6 1,460.6 1,033.8 338.7 15.5 996.0 135.5 132.6 3.0 147.8 63.3 84.4 - 8.1 131.2 46.4 84.8 - 8.0 4,059.5 2,768.0 1,490.4 1,026.1 235.0 16.5 996.4 138.1 134.9 3.2 166.6 80.2 86.3 - 9 .6 4,396.7 2 ,212.0 1,721.3 1,685.0 1,681.4 3.6 36.3 411.1 246.0 165.1 52.3 4,721.3 2,386.4 1,874.0 1,838.1 1,834.4 3.7 35.9 410.2 243.2 167.0 50.7 4,476.7 2,266.8 1,751.2 1,708.4 1,704.7 3.6 42.8 406.4 235.5 170.9 52.3 4,598.7 2,324.3 1,793.5 1,749.5 1,745.8 3.7 44.0 430.3 259.2 171.1 50.6 4,766.3 2,380.9 1,930.2 1,897.6 1,893.9 3.8 32.6 404.4 232.4 172.0 50.8 4,801.7 2,439.8 1 ,866.8 1,834.9 1,831.2 3.7 31.9 444.8 278.6 166.2 50.3 4,718.4 2,400.5 1,905.4 1,870.3 1 ,866.6 3.8 35.0 361.3 202.7 158.7 51.2 2.8 2.8 Current expenditures................................................................ Consumption expenditures Current transfer payments Government social benefits To persons.............. To the rest of the world Other current transfer payments to the rest of the world (net)............ Interest paym ents................................................................................................ To persons and business To the rest of the world Subsidies.......................... Less: Wage accruals less disbursements.................................................... 23 24 25 26 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net government saving Social insurance funds. O th e r................................. 27 28 29 -218.9 11.9 -2 3 0 .8 -601.5 -32.1 -5 6 9 .5 -258.6 11.7 -2 7 0 .3 -383.1 -3 8 5 .3 -716.4 -1 4 .2 -7 0 2 .2 -647.6 -4 4 .9 -6 0 2 .7 -658.9 -7 1 .3 -5 8 7 .7 Total receipts................................................................................. Current receipts.......................................................................................... Capital transfer receipts 30 31 32 4,209.3 4,177.8 31.6 4,153.1 4,119.7 33.4 4,250.6 4,218.1 32.5 4,249.8 4,215.6 34.3 4,084.8 4,049.9 35.0 4,187.1 4,154.1 33.0 4,090.7 4,059.5 31.3 Total expenditures.. Current expenditures Gross government investment................................................................ Capital transfer payments Net purchases of nonproduced assets................................................ Less: Consumption of fixed capital........................................................ 33 34 35 36 37 38 4,608.7 4,396.7 462.8 28.8 9.7 289.4 4,994.4 4,721.3 496.0 102.3 -1 6 .0 309.2 4,700.5 4,476.7 476.1 34.6 9.4 296.3 4,810.0 4,598.7 473.9 34.6 3.3 300.5 4,906.4 4,766.3 492.8 34.6 -8 1 .6 305.7 5,034.8 4,801.7 506.3 34.6 4.4 312.1 5,226.4 4,718.4 510.9 305.4 Net lending or net borrowing ( - ) .................................................. 39 -399.4 -841.3 -450.0 -560.2 -821.6 -847.7 -1,135.6 20 21 22 2.2 Addenda: 10.1 318.4 D-22 National Data April 2009 Table 3.2. Federal Government Current Receipts and Expenditures Table 3.3. State and Local Government Current Receipts and Expenditures [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Current receipts...................... Current tax receipts............................... Personal current taxes..................... Taxes on production and imports... Excise taxe s.................................. Customs duties.............................. Taxes on corporate incom e............ Federal Reserve ban k s .............. O th e r............................................... Taxes from the rest of the w o rld .... Contributions for government social insurance............................................. Income receipts on assets................... Interest receipts................................. Rents and royalties........................... Current transfer receipts....................... From business.................................... From persons..................................... Current surplus of government enterprises.......................................... Current expenditures............. Consumption expenditures.................. Current transfer payments................... Government social benefits............ To persons...................................... To the rest of the w orld............... Other current transfer payments.... Grants-in-aid to state and local governments.............................. To the rest of the world (net)...... Interest payments................................... To persons and business................. To the rest of the w orld.................... Subsidies.................................................. Less: W age accruals less disbursements.................................... Seasonally adjusted at annual rates 2008 I II Line III 6 7 8 9 10 11 12 13 14 15 16 17 97.7 68.9 28.8 365.4 34.6 330.8 14.0 96.2 67.2 29.0 291.1 32.7 258.5 15.5 98.0 95.8 68.1 66.8 29.9 349.5 33.5 316.0 17.9 29.0 322.5 32.9 289.6 15.3 942.3 29.2 21.9 7.2 37.5 20.5 17.1 972.2 31.8 952.3 29.5 22.2 21.6 968.9 29.9 21.7 9.6 39.3 21.3 18.0 7.9 38.2 20.7 17.5 39.4 21.7 17.7 8.2 96.9 67.5 29.4 324.4 28.5 296.0 14.8 971.8 31.7 21.9 9.8 40.0 22.0 18.0 94.7 66.1 28.6 313.4 31.6 281.7 15.2 97.3 68.3 29.0 204.3 37.6 166.6 16.5 976.0 32.4 22.4 972.2 33.1 10.1 10.3 55.6 37.4 18.2 22.4 4.3 18.1 22.8 18 - 2.2 -0 .5 - 0.8 -0 .5 - 0.6 - 0.1 -0 .7 2,880.5 856.1 1,666.7 1,254.2 1,250.6 3.6 412.5 3,094.3 931.9 1,806.4 1,382.3 1,378.6 3.7 424.2 2,915.6 871.6 1,692.5 1,270.1 1,266.5 3.6 422.4 3,003.2 898.0 1,729.2 1,305.3 1,301.7 3.7 423.9 3,128.4 918.2 1,860.1 1,443.1 1,439.4 3.8 417.0 3,139.8 954.2 1,794.9 1,376.5 1,372.7 3.7 418.4 3,105.9 957.5 1,841.5 1,404.2 1,400.4 3.8 437.3 23 24 25 26 27 28 29 30 31 376.3 36.3 312.6 147.5 165.1 45.2 388.3 35.9 308.2 141.2 167.0 47.7 379.6 42.8 306.4 135.5 170.9 45.1 379.9 44.0 329.4 158.3 171.1 46.6 384.4 32.6 302.3 130.3 172.0 47.8 386.6 31.9 342.6 176.4 166.2 48.2 402.3 35.0 258.5 99.9 158.7 48.3 32 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33 34 35 -229.3 6.4 -2 3 5 .7 -521.5 -3 7 .6 -4 8 3 .8 -236.3 6.4 -2 4 2 .7 -330.7 -3 .2 -3 2 7 .5 -649.6 -1 9 .8 -6 2 9 .8 -544.0 -5 0 .5 -4 9 3 .5 -561.5 -7 7 .0 -4 8 4 .5 Total receipts.............................. Current receipts............................. Capital transfer receipts.............. 36 37 38 2,677.7 2,651.2 26.5 2,601.1 2,572.9 28.2 2,706.6 2,679.2 27.4 2,701.7 2,672.5 29.2 2,508.7 2,478.8 29.8 2,623.5 2,595.7 27.8 2,570.3 2,544.4 25.9 Total expenditures...................... Current expenditures................... Gross government investment... Capital transfer payments........... Net purchases of nonproduced assets.......................................... Less: Consumption of fixed capital.......................................... 39 40 41 42 2,973.1 2,880.5 123.2 82.4 3,247.2 3,094.3 140.0 157.8 3,016.3 2,915.6 126.7 89.6 3,095.5 3,003.2 128.5 86.4 3,144.4 3,128.4 138.0 87.5 3,251.0 3,139.8 143.9 93.2 3,498.1 3,105.9 149.5 364.1 43 -1 .3 -2 7 .0 -1 .7 - 7 .7 -9 2 .6 - 6.6 -0 .9 44 111.8 117.9 113.9 115.0 116.9 119.2 120.5 Net lending or net borrowing (-) 45 -295.4 -646.2 -309.6 -393.8 -635.8 -627.4 -927.8 Net Federal Government saving.................................. Social insurance funds......................... O th e r......................................................... Addenda: 2007 IV 19 20 21 22 2008 IV 1 2,651.2 2,572.9 2,679.2 2,672.5 2,478.8 2,595.7 2,544.4 2 1,644.5 1,530.0 1,660.0 1,634.9 1,436.0 1,565.0 1,484.3 1,167.3 1,127.2 1,194.7 1 ,201.2 999.8 1,141.7 1,166.1 3 4 5 2007 Current receipts...................... Current tax receipts............................... Personal current taxes..................... Income taxe s................................. Other................................................ Taxes on production and imports... Sales taxes..................................... Property ta x e s ............................... Other................................................. Taxes on corporate income............. Contributions for government social insurance............................................. Income receipts on assets................... Interest receipts................................. Dividends............................................. Rents and royalties........................... Current transfer receipts....................... Federal grants-in-aid......................... From business (net).......................... From persons...................................... Current surplus of government enterprises........................................... Current expenditures............. Consumption expenditures.................. Government social benefit payments to persons............................................ Interest paym ents.................................. Subsidies.................................................. Less: Wage accruals less disbursements.................................... 1 1,902.8 1,935.1 2 1,304.1 1,318.6 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 325.4 298.3 27.1 917.8 436.5 390.9 90.3 60.9 333.4 305.9 27.4 937.6 436.3 404.6 96.7 47.6 22.8 23.7 103.7 87.7 3.0 13.1 496.7 388.3 42.0 66.5 100.3 84.6 2.8 12.8 481.3 376.3 40.9 64.1 2008 II I III 1,918.4 1,922.9 1,955.4 1,313.7 1,317.0 1,343.3 325.8 333.7 346.4 298.4 306.7 319.0 27.5 27.0 27.4 929.7 942.4 929.9 439.8 436.9 438.5 398.3 401.5 403.8 91.5 89.9 101.7 58.2 53.3 54.5 22.9 101.8 85.9 2.9 13.0 485.9 379.6 41.3 65.0 23.3 102.9 87.0 3.0 12.8 486.4 379.9 41.4 65.2 23.6 103.9 88.2 2.9 12.9 491.8 384.4 41.6 65.8 IV 1,944.9 1,330.2 329.0 301.3 27.6 949.4 440.2 405.9 103.4 51.9 1,917.3 1,283.7 324.3 296.7 27.6 928.7 429.8 407.0 91.9 30.7 23.9 103.2 87.3 24.2 105.0 2.8 13.1 495.4 386.6 42.1 3.2 13.6 513.3 402.3 42.8 66.8 68.2 88.2 20 - 5 .7 -7 .6 -5 .9 -7.1 - 6.6 -7 .9 -8 .9 21 1,892.4 2,015.2 1,940.7 1,975.3 2,022.3 2,048.5 2,014.8 22 1,355.9 1,454.4 1,395.2 1,426.3 1,462.7 1,485.7 1,443.0 23 24 25 430.8 98.5 7.1 455.8 438.3 458.4 466.1 100.0 102.1 3.0 7.3 444.2 100.9 4.0 454.5 102.0 3.0 102.2 2.2 102.8 2.8 26 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net state and local government saving............. Social insurance funds.......................... Other.......................................................... Addenda: 27 28 29 10.4 5.5 4.9 -80.1 5.6 -8 5 .6 -22.3 5.3 -2 7 .6 -52.4 5.4 -5 7 .8 -66.9 5.5 -7 2 .4 -103.6 5.6 -1 0 9 .2 -97.4 5.7 -103.1 Total receipts............................... Current receipts............................ Capital transfer receipts.............. 30 31 32 1,961.5 1,902.8 58.7 1,995.9 1,935.1 60.7 1,978.6 1,918.4 60.1 1,979.8 2,013.5 1,922.9 1,955.4 56.9 58.1 2,008.7 1,944.9 63.8 1,981.4 1,917.3 64.0 Total expenditures...................... Current expenditures................... Gross government investment... Capital transfer payments........... Net purchases of nonproduced assets......................................... Less: Consumption of fixed capital......................................... 33 34 35 3fi 2,065.5 1,892.4 339.6 2,190.9 2,015.2 356.0 2,118.9 1,940.7 349.4 2,146.2 2,199.3 1,975.3 2,022.3 354.9 345.3 2,229.0 2,189.2 2,048.5 2,014.8 362.4 361.4 Net lending or net borrowing (-) 37 11.0 11.0 11.2 11.1 11.0 11.0 11.0 38 177.6 191.3 182.4 185.5 188.8 192.9 197.9 39 -104.0 -195.1 -140.3 -166.3 -185.8 -220.3 -207.9 April 2009 D-23 S u r v ey o f C u rren t B usiness Table 3.9.1. Percent Change From Preceding Period in Real Government Consumption Expenditures and Gross Investment Table 3.9.2. Contributions to Percent Change in Real Government Consumption Expenditures and Gross Investment [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2007 2008 2007 IV National defense....................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... Nondefense............................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... State and local.............................. Consumption expenditures........... Gross investment............................ Structures..................................... Equipment and software II III 2008 2007 IV IV 2008 I II III IV Percent change at annual rate: Government consumption expenditures and gross investment......................... Consumption expenditures 1 Gross investment 2................ Structures........................... Equipment and software Federal........................................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... I 2007 Line 2008 1 2 2.1 2.9 0.8 2.8 3 4 5 1.9 3.0 3.8 1.7 0.5 2.3 3.1 7.8 1.0 6 1.6 6.0 7 1.7 5.2 8 1.2 11.8 9 7.4 10 11 12 0.2 18.3 10.7 -0 .5 - 1.2 4.7 42.0 - 1.1 2.5 2.6 1.6 12.8 0.6 - 0.2 - 0.2 0.2 13 14 15 3.3 1.0 7.2 6.3 13.6 28.1 12.2 -0 .9 -1 .4 3.0 94.8 -4.1 1.9 3.2 -3 .8 -9 .4 7.3 13.4 9.5 20.7 5.8 6.6 6.0 3.6 29.4 16.5 31.8 8.2 11.6 8.1 12.1 20 21 22 - 1.0 7.0 6.7 2.3 1.1 2.0 23 24 25 3.7 3.6 4.6 1.3 0.3 1.6 1.6 1.5 0.9 4.7 - 0.1 2.5 2.1 6.1 1.3 2.2 -3 .0 -7 .7 5.7 6.0 10.2 7.0 5.7 15.4 32.5 12.3 -45.1 14.0 7.3 3.4 38.7 60.4 36.6 18.0 17.3 22.7 100.3 16.1 3.4 3.7 1.5 36.5 - 2.2 2.9 2.9 5.0 4.0 15.3 10.4 52.4 29.3 62.7 - 2.0 4.9 -1 3 .8 8.9 7.3 7.4 6.0 - 0.8 4.0 5.8 5.8 5.9 13.8 13.5 15.7 50.1 0.4 3.6 2.9 16 17 18 19 3.9 2.8 11.8 19.6 -3 .0 -6 .9 20.0 5.1 5.6 1.5 19.4 -4 .7 -0 .3 1.4 - 6.8 -9.1 4.5 2.5 1.3 1.2 1.1 0.0 7.8 9.0 2.5 2.3 3.4 -9 .6 -1 0 .3 -5 .8 - 2.6 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account invest ment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. Government consumption expenditures and gross investment......................... 1 2.1 2.9 0.8 1.9 3.9 5.8 1.3 Percentage points at annual rates: Consumption expenditures 1 Gross investm ent 2 ................ Structures........................... Equipment and software 2 1.56 0.52 0.41 2.32 0.57 0.46 2.60 -0 .6 7 - 1.10 0.43 1.76 2.18 0.11 0.40 0.41 0.35 0.06 4.77 3 4 5 1.17 0.35 1.80 -0 .5 3 -0 .8 9 0.36 0.59 0.54 0.05 0.05 2.18 1.65 0.53 -0 .1 8 -0 .3 9 2.09 1.87 0.21 0.22 2.38 1.15 1.23 0.12 0.01 0.41 0.25 -0 .0 4 - 0.11 0.33 0.11 1.12 4.92 4.19 0.72 0.32 0.41 2.54 1.82 0.72 0.23 0.49 0.61 0.56 0.05 0.03 1.76 1.35 0.41 0.08 0.33 - 0.22 -0.31 0.09 1.76 1.58 0.18 -0 .1 9 0.36 1.81 0.75 1.06 0.14 0.92 4.33 3.63 0.70 0.24 0.46 0.86 -0 .0 7 0.42 0.30 0.04 -0 .0 8 0.05 0.08 0.05 0.07 0.57 0.40 0.17 -0 .0 3 1.68 1.01 0.12 0.33 0.29 0.04 0.08 -0 .0 3 0.59 0.56 0.12 0.71 0.67 0.04 0.99 0.80 0.19 0.09 -0 .1 6 0.73 -0 .8 9 -0 .9 9 0.10 0.10 Federal.......................................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... National defense....................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... Nondefense.............................. Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... State and local.............................. Consumption expenditures........... Gross investment............................ Structures..................................... Equipment and software........... 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 0.02 - 0.02 - 0.02 0.00 0.02 - 0.01 1.48 1.02 0.46 0.36 0.10 0.11 - 0.01 0.05 0.21 - 0.11 1.01 1.02 0.66 0.81 0.05 0.12 0.02 0.67 0.20 0.08 -0 .0 5 0.55 1.56 0.61 0.95 0.90 0.05 0.87 0.58 0.29 0.35 -0 .0 5 -1 .2 6 - 0.02 -1 .2 5 - 1.12 - 0.12 0.12 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account invest ment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. Table 3.9.3. Real Government Consumption Expenditures and Gross Investment, Quantity Indexes Table 3.9.4. Price Indexes for Government Consumption Expenditures and Gross Investment [Index numbers, 2000=100] [Index numbers, 2000=100] Seasonally adjusted Seasonally adjusted Line 2007 2008 2007 IV Government consumption expenditures and gross investment......................... Consumption expenditures 1 Gross investm ent 2............... Structures........................... Equipment and software Federal........................................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... National defense....................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... Line 2008 I II III 124.213 121.846 120.662 124.513 126.317 125.360 108.300 108.862 106.217 108.649 110.258 108.076 157.475 147.731 150.355 157.610 159.804 162.131 137.913 131.610 133.488 135.628 140.080 142.457 134.385 129.032 130.915 132.071 136.324 138.231 165.037 151.035 152.854 163.015 169.051 175.229 115.423 108.340 104.397 108.456 120.041 128.800 175.879 160.179 163.622 175.330 179.636 184.928 11 135.596 145.318 137.694 140.125 142.621 12 132.457 140.765 134.343 136.773 137.921 IV Government consumption expenditures and gross investment........................ Consumption expenditures 1 Gross investm ent 2 ................ Structures........................... Equipment and software Federal.......................................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... 148.643 149.882 143.533 144.831 180.174 189.622 190.318 123.836 147.324 159.234 186.813 193.933 192.858 National defense....................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... Nondefense.............................. Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... 16 120.127 124.469 120.614 121.469 122.949 124.473 128.984 17 119.048 122.541 119.214 120.061 121.235 122.897 125.971 18 128.357 138.925 131.166 132.081 135.821 136.325 151.474 96.374 100.780 98.994 103.471 110.343 19 92.648 103.397 20 144.470 154.606 146.668 145.551 152.354 150.519 170.002 Nondefense............................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... State and local............................. Consumption expenditures........... Gross investment............................ Structures..................................... Equipment and software.......... 21 110.167 111.394 110.914 110.844 111.517 111.891 111.326 22 109.828 111.271 110.478 110.874 111.201 111.509 111.500 State and local.............................. Consumption expenditures........... Gross investment............................ Structures..................................... Equipment and software 13 159.765 14 105.467 15 166.336 23 24 25 181.536 135.108 186.599 111.471 111.832 107.965 107.848 128.636 131.791 163.647 127.851 167.228 112.612 108.950 130.667 166.030 110.037 172.794 110.632 106.396 132.115 112.741 113.391 108.713 109.616 132.924 132.051 110.565 106.667 130.076 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account invest ment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2008 IV 1 116.871 120.250 117.879 118.443 119.594 121.288 121.674 2 116.177 119.430 117.054 117.969 118.584 120.256 120.912 3 120.192 4 107.222 5 146.140 6 130.078 7 127.744 8 147.570 9 97.565 10 158.877 2007 2007 2008 I II III IV 1 132.941 139.234 135.174 137.237 139.588 141.107 139.002 2 134.359 141.010 136.669 139.047 141.695 143.184 140.113 3 126.461 4 147.467 5 97.122 6 130.076 7 134.215 8 105.078 9 141.487 10 99.751 11 131.874 12 136.220 13 105.255 14 143.122 15 102.270 131.127 128.346 128.990 155.096 150.761 151.825 97.247 97.371 98.131 134.289 131.070 132.879 138.888 135.294 137.386 106.720 105.586 105.838 145.912 143.406 144.468 101.023 100.079 100.223 130.006 131.654 133.858 153.179 155.763 159.616 97.956 98.469 98.729 134.553 135.447 134.277 139.241 140.187 138.737 106.520 107.124 107.397 144.946 146.208 148.024 100.926 101.441 101.503 136.574 133.237 141.371 137.704 107.386 105.920 145.546 144.374 104.375 102.891 136.967 138.004 141.872 142.967 107.217 107.925 145.282 145.635 104.211 104.948 16 17 18 19 129.869 134.090 105.204 146.641 93.225 126.636 130.378 104.556 140.686 20 93.892 134.905 139.603 106.296 145.342 103.220 126.886 128.986 130.637 133.128 104.753 104.758 143.087 144.225 93.557 93.278 136.421 141.042 108.108 145.925 105.122 129.868 130.465 130.157 134.139 134.776 134.316 104.948 105.326 105.785 145.078 147.069 150.193 93.299 93.269 93.055 21 134.671 142.219 137.649 139.866 142.632 144.540 141.838 22 134.517 142.427 137.612 140.173 143.333 145.179 141.023 23 135.383 141.478 137.896 138.722 139.890 142.050 145.252 24 147.857 155.722 151.244 152.308 153.727 156.413 160.439 25 92.969 93.550 92.756 92.846 93.232 93.744 94.377 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account invest ment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. National Data D -2 4 April 2 0 0 9 Table 3.9.5. Government Consumption Expenditures and Gross Investment Table 3.9.6. Real Government Consumption Expenditures and Gross Investment, Chained Dollars [Billions of dollars] [Billions of chained (200 0) dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Government consumption expenditures and gross investment......................... Consumption expenditures 1 Gross investment 2................. Structures............................ Equipment and software... Federal........................................... Consumption expenditures....... Gross investment......................... Structures................................. Equipment and software....... National defense........................ Consumption expenditures....... Gross investment......................... Structures................................. Equipment and software....... Nondefense................................ Consumption expenditures....... Gross investment......................... Structures................................. Equipment and software....... State and local............................... Consumption expenditures............ Gross investment.............................. Structures...................................... Equipment and software............ Seasonally adjusted at annual rates Line 2008 I II III 2 ,212.0 3 4 5 462.8 299.4 163.5 2,882.4 2,386.4 496.0 318.0 178.0 2,742.9 2,266.8 476.1 310.7 165.5 2,798.1 2,324.3 473.9 305.2 168.6 2,873.7 2,380.9 492.8 315.0 177.8 2,946.1 2,439.8 506.3 325.1 181.3 2,911.4 2,400.5 510.9 326.5 184.4 6 979.3 856.1 123.2 18.4 104.9 1,071.9 931.9 140.0 22.4 117.6 998.3 871.6 126.7 1,026.5 898.0 128.5 1,098.0 954.2 143.9 23.3 106.1 108.5 1,056.1 918.2 138.0 20.9 117.1 120.6 1,107.0 957.5 149.5 25.3 124.2 662.2 580.1 82.1 7.5 74.6 734.9 639.7 95.2 9.8 85.4 679.3 594.7 84.6 9.2 75.4 699.9 613.8 7.9 78.2 723.3 629.0 94.3 8.9 85.4 759.5 659.6 99.9 10.7 89.2 757.0 656.6 100.4 11.5 88.9 National defense....................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... 317.1 276.0 41.1 10.9 30.3 337.0 292.2 44.8 326.6 284.2 42.4 332.9 289.2 43.7 12.1 12.0 32.2 319.0 276.9 42.1 11.5 30.6 30.3 31.7 338.5 294.5 44.0 12.7 31.3 350.0 300.9 49.1 13.8 35.3 1,695.5 1,355.9 339.6 281.0 58.6 1,810.4 1,454.4 356.0 295.6 60.4 1,744.6 1,395.2 349.4 290.0 59.4 1,771.6 1,426.3 345.3 285.2 60.1 1,817.6 1,462.7 354.9 294.1 60.7 1,848.1 1,485.7 362.4 301.8 60.7 1,804.4 1,443.0 361.4 301.2 60.2 Nondefense.............................. Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... State and local.............................. Consumption expenditures........... Gross investment............................ Structures..................................... Equipment and software........... Residual.................................................. 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 12.6 20.6 20.0 86.1 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account invest ment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2007 2008 IV 1 2 7 2008 IV Government consumption expenditures and gross investment......................... Consumption expenditures 1 Gross investm ent 2 ............... Structures........................... Equipment and software Federal.......................................... Consumption expenditures...... Gross investment........................ Structures................................ Equipment and software...... 2,674.8 2007 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 I II III IV 2,070.2 1,692.4 378.2 205.0 181.4 2,029.4 1,658.8 371.0 206.1 170.2 2,039.1 1,671.7 367.4 173.2 2,058.9 1,680.4 379.2 205.7 181.5 2,088.1 1,704.1 384.7 208.7 184.1 798.2 671.0 131.1 15.3 116.4 761.7 644.3 772.6 653.7 121.5 13.9 108.3 785.0 659.5 129.5 14.4 116.0 810.8 680.7 134.3 16.0 118.9 2,094.7 1,713.4 381.7 204.6 186.8 824.5 690.2 139.2 17.1 122.4 502.1 425.8 78.0 5.2 72.9 538.1 452.5 518.9 439.7 81.0 5.5 75.8 528.1 443.4 87.9 81.9 550.4 461.5 92.6 7.3 85.0 555.0 465.6 92.9 7.9 84.6 250.4 211.7 39.3 7.7 32.3 259.5 217.9 42.6 509.9 431.9 79.9 6.4 73.3 251.5 256.3 215.6 41.6 259.5 218.5 41.8 8.6 8.0 8.2 8.6 34.5 32.7 253.2 213.5 40.5 8.4 32.5 34.0 33.6 268.9 224.0 46.4 9.2 38.0 1,259.0 1,008.0 250.9 190.1 63.1 1,273.0 1 ,021.2 251.7 189.8 64.6 - 7 .4 1,267.5 1,013.9 253.4 191.8 64.0 -4 .6 1,266.7 1,017.6 249.0 187.3 64.8 - 6.0 1,274.4 1 ,020.6 253.7 191.4 65.2 -7 .6 1,278.7 1,023.4 255.2 193.0 64.7 -7 .5 1,272.3 1,023.3 248.8 187.8 63.8 -9 .5 2 ,012.1 1,646.3 366.0 203.0 168.3 752.9 637.8 117.3 13.0 105.1 -4 .7 88.6 6.7 81.8 120.0 14.4 106.0 212.0 40.2 201.1 6.2 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account invest ment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. N ote. Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. April 2009 Su r v e y of D-25 C u r r e n t B usin ess Table 3.10.1. Percent Change From Preceding Period in Real Government Consumption Expenditures and General Government Gross Output [Percent] Seasonally adjusted at annual rates Line 2007 2008 2007 2008 IV Government consumption expenditures 1.......................................................................... Gross output of general governm ent................................................................................................... Value added............................................................................................................................................ Compensation of general government em ployees................................................................. Consumption of general government fixed ca p ita l 2............................................................... Intermediate goods and services purchased 3............................................................................. Durable goods..... Nondurable goods Services................. Less: Own-account investment 4 Sales to other sectors................................................................................................................. 1 2 3 4 1.9 1.9 1.3 1.0 b 3.1 6 2.8 6.2 2.8 7 8 9 10 11 12 2.6 2.1 2.0 3.1 3.3 9.8 1.5 3.5 2.5 3.5 - 1.0 1.8 1.6 1.7 5.2 5.0 3.7 3.8 3.3 Federal consumption expenditures 1... Gross output of general government Value added................................. ..................................................................... Compensation of general government employees Consumption of general government fixed cap ita l 2 Intermediate goods and services purchased 3............ Durable goods.................................................................. Nondurable goods.... Services............................................................................. Less: Own-account investment4 Sales to other sectors 20 21 22 Defense consumption expenditures 1 Gross output of general government........................................................................................................ Value added................................................................................................................................................ Compensation of general government employees Consumption of general government fixed cap ita l 2 Intermediate goods and services purchased 3 Durable goods.................................................... Nondurable goods............................................. Services............................................................... Less: Own-account investment4............................................................................................................... Sales to other sectors.................... 23 24 25 26 27 28 29 30 31 32 33 Nondefense consumption expenditures 1 Gross output of general government....... Value added............................................... Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 ................................................................... Intermediate goods and services purchased 3.................................................................................. Durable goods....................................... Nondurable goods............................... Commodity Credit Corporation inventory change.................................................................... Other nondurable goods.............. Services................................................ Less: Own-account investm ent 4............. Sales to other sectors................... State and local consumption expenditures 1. Gross output of general governm ent...... Value added.............................................. Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 ................................................................... Intermediate goods and services purchased 3 Durable goods...................................... Nondurable goods............................... Services................................................ Less: Own-account investment4 ............................................................................................................... Sales to other sectors..................................................................................................................... Tuition and related educational charges............................................................................... Health and hospital charges..................................................................................................... Other sale s................................................................................................................................... 34 35 36 37 38 39 40 41 42 43 44 45 46 -0.2 - 0 .4 1.3 47 48 49 50 51 52 53 54 55 56 57 58 59 60 13 14 15 16 17 18 19 2.8 1.6 0.7 0.0 3.5 2.7 7.8 0.9 2.3 -4.1 -1 .4 15.0 1.3 6.3 -5 .5 -9 .3 2.6 6.3 6.6 2.6 6.0 0.5 -0 .4 3.1 5.2 8.5 3.7 3.9 3.2 2.8 4.9 -4 .5 7.4 8.6 15.5 -2 .4 8.7 -8 .4 -2 7 .8 II III 0.5 0.3 3.2 2.9 2.1 1.6 2.2 2.2 2.6 2.4 1.4 2.7 - 1.6 4.0 -4 .1 - 1.1 0.7 - 0.8 -1.2 - 2.1 1.4 0.9 3.0 - 6.2 5.1 -3 0 .6 -3 .6 - 11.2 -5 8 .4 -1.4 -2 .5 1.2 0.7 2.8 -6 .5 4.6 -49.1 - 1.8 -4 .8 -8 0 .4 3.9 6.8 2.1 4.4 2.1 2.2 3.5 1.5 10.3 2.0 - 10.2 0.5 4.1 2.1 1.6 6.0 5.7 3.7 4.0 2.7 3.6 3.6 4.3 4.6 3.6 2.7 15.7 6.4 0.5 - 7 .3 8.1 10.8 9.3 7.6 -1 0 .4 -1 4 .4 7.4 7.0 3.1 3.3 2.6 11.6 11.5 12.3 11.6 -1 2 .7 -3 9 .2 5.8 5.3 3.0 2.9 3.6 8.8 2.2 2.0 2.2 1.8 3.9 1.7 13.3 4.4 10.5 6.1 1.0 2.8 - 3 .8 0.9 13.5 13.7 6.9 7.6 4.3 22.4 5.7 5.3 20.8 23.1 22.6 4.2 47.1 0.4 1.8 6.8 7.3 4.8 3.6 9.3 -2 .9 3.8 0.4 -3 2 .8 21.2 3.7 3.6 6.5 7.1 4.7 0.7 8.5 - 0 .4 - 10.1 12.3 26.3 28.1 -7 .3 -4 .1 - 10.1 0.7 - 6 .7 3.1 4.0 4.0 4.9 5.2 3.7 2.5 5.2 5.6 6.7 3.7 3.5 4.8 11.4 15.4 10.4 9.0 7.2 7.7 5.0 11.7 - 12.0 9.8 13.7 94.3 3.4 3.4 4.0 4.2 3.5 2.7 16.5 10.1 17.3 17.1 8.6 10.1 4.1 26.9 1.8 8.0 - 0.2 1.9 - 1.8 -3 .1 -3 .8 -8 .9 2.9 0.7 -3 .2 9.4 6.3 -7 .7 -1 5 .9 -1 3 .7 5.1 -1 .4 - 8.6 10.5 2.0 1.3 1.4 1.4 1.6 1.4 1.5 6.4 2.7 -5 .1 10.5 1.2 1.3 1.6 1.1 1.3 1.4 0.0 0.3 1.6 1.4 2.5 1.4 1.3 3.5 1.1 3.1 -0 .3 3.3 0.5 0.6 2.0 1.6 1.4 2.7 2.8 3.6 3.2 2.6 5.4 1.9 1.2 2.9 1.4 1.9 1.5 1.2 0.0 1.1 1.9 1.5 1.5 3.0 2.0 2.0 1.6 1.7 1.5 2.6 1.4 2.4 1.9 1.0 3.4 1.3 0.5 2.9 2.9 4.9 5.4 11.2 IV -0.8 - 1.1 1.7 1.4 3.5 -5 .3 10.7 4.6 - 2.8 0.9 2.9 3.0 3.8 3.8 3.7 I 2.8 0.6 0.9 1.7 - 10.1 2.5 1.8 2.0 2.0 1.3 3.6 0.8 2.1 1.2 0.4 6.5 1.4 2.0 2.0 0.2 1.1 1.6 1.2 1.0 20.2 6.2 12.2 5.8 -4 9 .2 0.2 0.6 1.1 0.0 0.4 -4 .6 2.0 2.0 2.0 1.8 2.0 2.0 1.9 1.4 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in soft ware in table 3.9.5. National Data D -2 6 April 2 0 0 9 Table 3.10.3. Real Government Consumption Expenditures and General Government Gross Output, Quantity Indexes [Index numbers, 2000=100] Seasonally adjusted Line 2007 2008 2007 116.177 115.637 108.403 106.483 119.430 118.652 110.718 108.579 123.898 133.479 148.493 122.230 136.314 112.359 114.284 117.054 116.456 109.058 107.042 121.472 130.303 140.611 120.457 132.919 114.684 112.880 117.969 117.287 109.661 107.616 122.253 131.557 142.939 121.092 134.350 111.647 113.481 118.584 117.886 110.322 108.212 123.318 132.046 146.498 121.689 134.503 112.764 113.938 120.256 119.425 111.147 108.994 124.411 134.873 151.148 123.003 137.895 113.053 114.728 120.912 134.385 133.619 109.825 118.933 171.662 177.899 159.713 173.037 102.199 90.704 129.032 128.384 108.402 106.369 116.413 162.891 163.740 150.643 165.006 105.986 90.211 130.915 130.172 109.403 107.428 117.186 166.109 167.994 154.043 168.068 103.115 86.760 132.071 131.323 110.570 108.630 118.214 167.205 174.220 156.448 168.282 101.174 89.103 136.324 135.610 112.424 110.638 119.463 175.885 182.639 164.778 177.064 102.208 98.121 138.231 137.372 114.275 112.604 120.867 177.450 186.742 163.584 178.733 102.300 88.831 IV Government consumption expenditures 1.......................................................................... Gross output of general government Value added... . Compensation of general government em ployees................................................................. Consumption of general government fixed ca p ita l 2............................................................... Intermediate goods and services purchased 3............................................................................. Durable goods.. Nondurable goods Services............. Less: Own-account investm ent 4 Sales to other sectors................................................................................................................. 1 2 3 4 5 6 7 8 9 10 11 12 120.211 129.172 135.247 120.430 131.716 113.472 112.458 2008 I II III IV 120.010 111.742 109.491 125.612 135.440 153.385 123.136 138.509 111.970 114.989 Federal consumption expenditures 1 Gross output of general government Value added.............................. Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 .................................................................... Intermediate goods and services purchased 3.................................................................................. Durable goods...................... Nondurable goods.............. Services................................ Less: Own-account investm ent 4 Sales to other sectors... 20 21 22 127.744 127.251 107.655 105.768 115.096 161.051 154.736 157.686 162.834 108.130 99.992 Defense consumption expenditures 1..................................................................................... Gross output of general governm ent........................................................................................................ Value added................................................................................................................................................. Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 .................................................................... Intermediate goods and services purchased 3 .................................................................................. Durable goods..................... Nondurable goods.............. Services................................ Less: Own-account investm ent 4 Sales to other sectors... 23 24 25 26 27 28 29 30 31 32 33 132.457 132.615 107.989 107.247 111.333 174.466 151.923 145.268 183.437 134.069 158.862 140.765 140.547 111.998 111.402 114.901 189.434 175.520 141.799 199.356 122.776 114.681 134.343 134.289 108.747 107.873 112.518 177.813 161.068 132.219 188.019 131.345 127.489 136.773 136.595 109.583 108.743 113.253 182.777 165.524 136.110 193.245 126.970 112.586 137.921 137.740 110.665 109.860 114.231 184.007 171.966 139.410 193.068 123.628 115.894 143.533 143.284 112.975 112.532 115.390 195.318 180.427 147.789 205.389 121.296 114.687 144.831 144.568 114.768 114.472 116.728 195.635 184.161 143.889 205.724 119.211 115.559 Nondefense consumption expenditures 1 Gross output of general government Value added.............................. Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 ................................................................... Intermediate goods and services purchased 3.................................................................................. Durable goods........................................................................................................................................ Nondurable goods................................................................................................................................. Commodity Credit Corporation inventory change.................................................................... Other nondurable goods Services................................ Less: Own-account investm ent 4 Sales to other sectors... 34 35 36 37 38 39 40 41 42 43 44 45 46 119.048 117.634 107.103 103.588 125.857 136.156 191.432 122.541 121.127 111.127 107.494 130.488 138.583 206.825 119.214 117.776 107.832 104.149 127.566 135.177 197.895 120.061 118.612 109.139 105.523 128.451 135.112 198.811 121.235 119.775 110.463 106.867 129.623 135.958 201.337 122.897 121.732 111.472 107.788 131.139 139.666 208.662 125.971 124.388 113.431 109.800 132.737 143.596 218.488 191.742 129.393 94.236 74.060 197.278 130.317 91.263 81.020 194.955 127.656 92.406 74.232 197.377 127.203 90.355 76.115 200.452 128.050 89.184 78.044 194.159 131.091 92.103 92.144 197.124 134.923 93.408 77.777 State and local consumption expenditures 1.................................................................................. Gross output of general governm ent........................................................................................................ Value added.............................. Compensation of general government employees....................................................................... Consumption of general government fixed cap ita l 2 .................................................................... Intermediate goods and services purchased 3 .................................................................................. Durable goods..................... Nondurable goods.............. Services................................ Less: Own-account investm ent 4 Sales to other sectors..................................................................................................................... Tuition and related educational charges................................................................................ Health and hospital charges..................................................................................................... Other sale s .................................................................................................................................... 47 48 49 50 51 52 53 54 55 56 57 58 59 60 109.828 110.470 108.732 106.797 125.143 113.735 112.493 115.011 113.163 114.845 112.849 105.994 109.117 123.990 111.271 112.026 110.297 108.118 128.727 115.280 114.598 116.793 114.528 114.834 114.982 107.534 111.312 126.505 110.478 111.146 109.346 107.338 126.363 114.528 113.720 116.024 113.797 116.828 113.553 106.200 109.932 124.927 110.874 111.560 109.773 107.722 127.154 114.918 113.888 116.279 114.288 113.749 114.265 106.732 110.481 126.045 111.201 111.920 111.509 112.274 110.581 108.376 129.227 115.466 114.930 116.976 114.703 115.687 115.235 107.801 111.589 126.711 111.500 112.348 110.625 108.298 130.269 115.596 115.107 117.290 114.714 114.336 115.756 108.340 112.146 127.156 13 14 15 16 17 18 19 111.668 110.210 108.078 128.257 115.142 114.468 116.628 114.404 115.566 114.670 107.264 111.033 126.109 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in soft ware in table 3.9.5. April 2009 Su r v e y of D-27 C u r r e n t B u sin ess Table 3.10.4. Price Indexes for Government Consumption Expenditures and General Government Gross Output [Index numbers, 2000=100] Seasonally adjusted Line 2008 2007 134.359 134.197 136.547 139.519 120.682 130.138 107.355 148.731 126.514 129.105 133.553 141.010 140.670 141.248 144.248 125.193 139.273 108.943 172.298 131.753 134.218 138.985 136.669 136.510 138.142 141.108 122.286 133.528 107.470 158.706 128.109 130.793 135.929 139.047 138.733 139.658 142.722 123.312 136.809 107.837 169.221 129.367 132.347 137.206 141.695 141.173 140.764 143.833 124.385 141.248 108.460 182.830 131.262 133.874 138.369 143.184 142.656 141.853 144.830 125.901 143.315 109.362 185.953 133.120 135.514 139.797 138.888 138.775 146.493 157.573 114.739 128.731 105.087 160.007 128.294 138.854 126.848 135.294 135.197 143.022 153.405 113.157 125.078 104.345 148.996 125.043 135.524 124.884 137.386 137.278 145.621 156.846 113.502 126.576 104.337 154.817 126.276 137.738 125.743 139.241 139.123 146.562 157.787 114.427 129.368 104.850 170.131 127.973 138.791 126.775 140.187 140.064 146.879 157.783 115.586 130.958 105.348 171.892 129.715 139.444 127.437 151.189 133.262 135.136 140.569 138.737 138.634 146.908 157.878 115.440 128.024 105.814 143.190 129.213 139.440 127.436 IV Government consumption expenditures 1.......................................................................... Gross output of general government................................................................................................... Value added........................................................................................................................................... Compensation of general government employees Consumption of general government fixed ca p ita l 2 Intermediate goods and services purchased 3 Durable goods............................................................. Nondurable goods Services.... Less: Own-account investment 4..................................... Sales to other sectors................................................................................................................ 1 2 3 4 5 6 7 8 9 10 11 12 2008 2007 I II III IV 140.113 140.117 142.718 145.606 127.174 135.719 110.112 Federal consumption expenditures1... Gross output of general government Value added................................. Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 ................................................................... Intermediate goods and services purchased 3................................................................................. Durable goods............ Nondurable goods.... Services...................... Less: Own-account investm ent4 Sales to other sectors 20 21 22 134.215 134.117 142.629 153.196 112.290 123.265 104.642 139.217 123.877 135.161 123.360 Defense consumption expenditures 1..................................................................................... Gross output of general government........................................................................................................ Value added.......................................................................... Compensation of general government employees.. Consumption of general government fixed ca p ita l 2 Intermediate goods and services purchased 3............ Durable goods ............................................................................................................................ Nondurable goods.... Services..................... Less: Own-account investm ent 4 Sales to other sectors 23 24 25 26 27 28 29 30 31 32 33 136.220 136.200 146.218 159.639 114.249 124.212 106.301 156.573 124.706 137.008 132.067 141.371 141.350 150.632 164.637 117.307 129.996 107.026 190.503 129.116 141.141 137.594 137.704 137.682 147.018 160.322 115.297 126.338 106.067 172.884 126.045 137.219 133.879 139.603 139.582 149.545 163.763 115.762 127.603 106.142 180.365 127.053 139.726 135.565 141.872 141.847 150.754 164.975 116.945 130.834 106.740 209.218 128.757 141.220 137.537 142.967 142.939 151.126 164.854 118.414 132.582 107.299 212.474 130.624 141.900 138.448 141.042 141.031 151.104 164.957 118.109 128.965 107.922 159.952 130.032 141.719 138.824 Nondefense consumption expenditures 1 ............................................................................ Gross output of general government..................... Value added............................................................. Compensation of general government employees Consumption of general government fixed ca p ita l 2 Intermediate goods and services purchased 3 Durable goods..................................................... Nondurable goods.............................................. ............................. ..... ............................................... Commodity Credit Corporation inventory change................................................................... Other nondurable goods.. Services.................................... Less: Own-account investment4 . Sales to other sectors...... 34 35 36 37 38 39 40 41 42 43 44 45 46 130.378 130.200 136.397 143.439 107.265 121.314 87.379 134.090 133.884 139.309 146.875 108.194 126.036 84.881 130.637 130.479 136.086 142.928 107.681 122.386 86.423 133.128 132.929 138.809 146.369 107.725 124.457 85.568 134.139 133.929 139.289 146.901 108.007 126.169 85.170 134.776 134.564 139.510 147.074 108.400 127.367 85.007 134.316 134.113 139.629 147.157 108.645 126.149 83.779 121.338 122.569 133.568 117.891 129.535 127.039 136.916 120.043 124.497 123.343 134.044 119.188 128.643 125.119 136.032 119.503 130.852 126.810 136.750 119.951 131.553 128.255 137.382 120.466 127.090 127.973 137.502 120.253 State and local consumption expenditures 1.................................................................................. Gross output of general government.................... Value added............................................................ Compensation of general government employees Consumption of general government fixed cap ita l 2 Intermediate goods and services purchased 3 Durable goods.................................................... Nondurable goods............................................. Services.................................................................................................................................................. Less: Own-account investment 4........................... Sales to other sectors................................. Tuition and related educational charges Health and hospital charges................. Other sale s................................................................................................................................... 47 48 49 50 51 52 53 54 55 134.517 134.287 134.010 134.707 128.103 134.810 111.263 150.480 128.737 142.427 141.688 139.063 139.559 134.443 146.456 114.834 174.556 134.702 137.612 137.230 136.102 136.771 130.359 139.295 112.062 160.480 130.707 140.173 139.527 137.167 137.751 131.989 143.815 113.079 171.909 131.986 143.333 142.275 138.343 138.921 133.193 149.406 113.893 185.162 134.054 132.618 138.655 171.447 133.537 126.388 145.179 144.043 139.758 140.271 135.026 151.812 115.538 188.561 136.015 141.023 140.908 140.982 141.294 137.563 140.791 116.824 152.591 136.754 134.443 133.994 140.102 173.773 134.417 128.096 140.893 175.930 135.034 128.378 13 14 15 16 17 18 19 56 127.627 133.014 129.581 131.002 57 133.804 162.313 130.111 122.004 139.285 172.450 133.927 127.127 136.203 166.002 132.143 124.167 137.490 168.651 132.719 125.647 58 59 60 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in soft ware in table 3.9.5. D-28 April 2009 National Data Table 3.10.5. Government Consumption Expenditures and General Government Gross Output [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 2,212.0 2,579.7 1,583.2 1,341.8 241.4 996.5 64.0 260.3 672.2 26.5 341.2 2,386.4 2,774.5 1,672.7 1,414.6 258.1 1,101.8 71.3 305.9 724.5 27.3 360.9 2,266.8 2,642.5 1,611.3 1,364.2 247.1 1,031.2 66.6 277.7 686.8 27.1 348.6 2,324.3 2,704.7 1,638.0 1,387.2 250.8 1,066.7 68.0 297.7 701.0 26.7 353.7 2,380.9 2,766.3 1,661.0 1,405.8 255.2 1,105.4 70.1 323.2 712.1 27.3 358.1 2,439.8 2,831.9 1,686.3 1,425.7 260.6 1,145.6 72.9 332.3 740.4 27.7 364.3 2,400.5 2,795.1 1,705.7 1,439.9 265.8 1,089.4 74.5 270.5 744.5 27.4 367.2 856.1 869.0 484.2 378.8 105.5 384.7 38.9 41.5 304.3 4.7 931.9 944.2 515.9 404.6 111.4 428.2 44.9 48.4 334.9 4.6 7.6 871.6 883.7 488.9 381.4 107.5 394.8 41.1 42.5 311.2 4.6 7.5 898.0 909.8 502.4 393.9 108.5 407.4 42.1 45.1 320.1 4.6 7.2 918.2 930.2 511.1 400.7 110.4 419.1 43.9 50.4 324.8 4.5 7.5 954.2 967.0 520.7 408.1 112.7 446.3 46.2 53.6 346.4 4.6 8.3 957.5 969.6 529.4 415.6 113.9 440.2 47.5 44.3 348.3 4.6 7.5 639.7 644.8 336.0 254.8 81.2 308.8 41.8 28.3 238.7 594.7 600.0 318.4 240.3 78.1 281.6 38.0 23.9 219.7 613.8 618.8 326.4 247.4 79.0 292.4 39.1 25.7 227.6 629.0 634.1 332.3 251.8 80.5 301.8 40.9 30.5 230.4 659.6 664.7 340.0 257.8 82.3 324.6 43.1 32.8 248.7 656.6 661.7 345.4 262.4 83.0 316.3 44.3 24.1 247.9 1.9 3.1 2008 IV Government consumption expenditures 1.......................................................................... Gross output of general government................................................................................................... Value added............................................................................................................................................ Compensation of general government em ployees................................................................. Consumption of general government fixed ca p ita l 2 .............................................................. Intermediate goods and services purchased 3............................................................................. Durable goods.................................................................................................................................. Nondurable go o d s........................................................................................................................... Services.............................................................................................................................................. Less: Own-account investm ent 4.......................................................................................................... Sales to other sectors................................................................................................................ 1 2 3 4 5 6 7 8 9 10 11 12 II I III IV Federal consumption expenditures 1............................................................................................... Gross output of general government........................................................................................................ Value added................................................................................................................................................ Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 ................................................................... Intermediate goods and services purchased 3................................................................................. Durable goods........................................................................................................................................ Nondurable goods................................................................................................................................. Services................................................................................................................................................... Less: Own-account investment4............................................................................................................... Sales to other sectors..................................................................................................................... 20 21 22 Defense consumption expenditures 1..................................................................................... Gross output of general government........................................................................................................ Value added................................................................................................................................................ Compensation of general government employees....................................................................... Consumption of general government fixed cap ita l 2 ................................................................... Intermediate goods and services purchased 3................................................................................. Durable goods........................................................................................................................................ Nondurable goods................................................................................................................................. Services................................................................................................................................................... Less: Own-account investment4............................................................................................................... Sales to other sectors..................................................................................................................... 23 24 25 26 2/ 28 29 30 31 32 33 580.1 586.3 314.5 237.9 76.6 271.8 36.0 23.7 4.1 3.1 3.3 3.0 3.1 3.1 Nondefense consumption expenditures 1............................................................................... Gross output of general government........................................................................................................ Value added................................................................................................................................................ Compensation of general government employees....................................................................... Consumption of general government fixed cap ita l 2 ................................................................... Intermediate goods and services purchased 3................................................................................. Durable goods........................................................................................................................................ Nondurable goods................................................................................................................................. Commodity Credit Corporation inventory change................................................................... Other nondurable goods................................................................................................................ Services................................................................................................................................................... Less: Own-account investment4............................................................................................................... Sales to other sectors..................................................................................................................... 34 35 36 37 38 39 40 41 42 43 44 45 46 276.0 282.7 169.7 140.9 28.9 113.0 2.9 17.8 - 0.1 17.9 92.2 292.2 299.4 179.9 149.7 30.2 119.5 3.1 284.2 291.0 176.0 146.4 29.6 115.0 3.0 19.5 289.2 296.1 178.8 148.9 29.9 117.3 3.0 19.9 - 0 .3 294.5 302.4 180.7 150.3 30.4 121.7 3.1 0.5 19.6 96.3 2.6 4.5 276.9 283.7 170.5 141.1 29.4 113.2 3.0 18.6 - 0.1 18.6 91.6 2.6 4.1 19.5 92.5 2.6 4.2 20.1 94.4 2.6 4.4 19.6 97.8 2.7 5.2 19.2 100.4 2.7 4.4 State and local consumption expenditures 1.................................................................................. Gross output of general government........................................................................................................ Value added................................................................................................................................................ Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 ................................................................... Intermediate goods and services purchased 3................................................................................. Durable goods........................................................................................................................................ Nondurable goods................................................................................................................................. Services................................................................................................................................................... Less: Own-account investment4............................................................................................................... Sales to other sectors..................................................................................................................... Tuition and related educational charges............................................................................... Health and hospital charges.................................................................................................... Other sale s................................................................................................................................... 47 48 49 50 61 62 53 54 55 56 57 58 59 60 1,355.9 1,710.7 1,099.0 963.1 135.9 611.7 25.1 218.7 367.9 1,454.4 1,830.3 1,156.8 1 ,010.1 146.7 673.5 26.4 257.6 389.6 22.7 353.2 82.2 157.3 113.8 1,395.2 1,758.8 1,122.4 982.8 139.6 636.4 25.6 235.3 375.6 22.5 341.1 78.1 153.3 109.7 1,426.3 1,794.9 1,135.6 1,462.7 1,836.2 1,149.9 1,485.7 1,864.8 1,165.6 1,443.0 1,825.5 1,176.2 993.3 1,005.1 1,017.6 1,024.3 142.3 659.3 25.8 252.6 380.9 144.8 686.3 26.2 272.8 387.3 147.9 699.3 26.6 278.7 393.9 23.1 356.1 83.0 158.3 114.8 151.9 649.2 27.0 226.1 396.1 13 14 15 16 1/ 18 19 8.2 212.1 2.1 2.6 4.1 21.8 333.0 76.2 149.8 107.0 2.0 20.1 2.0 2.0 0.0 2.0 22.1 22.8 346.5 79.8 154.7 350.7 81.5 156.4 112.7 112.0 2.0 20.8 1.2 300.9 307.9 184.0 153.2 30.8 123.9 3.2 20.3 1.0 22.8 359.7 84.5 159.8 115.5 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in soft ware in table 3.9.5. April 2009 Survey of D-29 C u r r e n t B u sin ess Table 3.10.6. Real Government Consumption Expenditures and General Government Gross Output, Chained Dollars [Billions of chained (2 0 0 0 ) dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 2008 1,646.3 1,922.3 1,159.5 961.8 1,658.8 1,935.9 1,166.5 966.8 765.7 59.6 175.0 531.3 20.5 255.5 1,692.4 1,972.4 1,184.2 980.7 206.2 791.2 65.5 177.6 549.9 20.3 259.6 20.8 20.2 256.4 637.8 647.9 339.5 247.2 93.9 312.1 37.2 29.8 245.7 3.5 671.0 680.3 352.2 256.7 97.1 332.7 42.7 30.2 261.1 3.3 644.3 653.7 341.9 248.6 95.0 315.7 39.3 28.5 248.9 3.4 IV Government consumption expenditures 1.......................................................................... Gross output of general government................................................................................................... Value added........................................................................................................................................... Compensation of general government em ployees................................................................. Consumption of general government fixed ca p ita l 2 ............................................................... Intermediate goods and services purchased 3 Durable goods.......................................... Nondurable goods................................... Services...................................................... Less: Own-account investment 4................... Sales to other sectors 1 2 3 4 5 6 7 8 9 10 11 12 Federal consumption expenditures 1 Gross output of general government Value added............................ Compensation of general government employees....................................................................... Consumption of general government fixed cap ital 2 ................................................................... Intermediate goods and services purchased 3.................................................................................. Durable goods.................... Nondurable goods............. Services............................... Less: Own-account investm ent 4 Sales to other sectors.. 20 21 22 Defense consumption expenditures 1 Gross output of general government Value added............................ Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 ................................................................... Intermediate goods and services purchased 3................................................................................. Durable goods.................... Nondurable goods............. Services............................... Less: Own-account investm ent 4 Sales to other sectors.. 23 24 25 26 27 28 29 30 31 32 33 Nondefense consumption expenditures 1 Gross output of general government Value added............................ Compensation of general government employees....................................................................... Consumption of general government fixed ca p ita l 2 ................................................................... Intermediate goods and services purchased 3 ................................................................................. Durable goods.................... Nondurable goods............. Commodity Credit Corporation inventory change................................................................... Other nondurable goods Services............................... Less: Own-account investment4 Sales to other sectors..................................................................................................................... 34 35 36 37 38 39 40 41 42 43 44 45 46 State and local consumption expenditures 1.................................................................................. Gross output of general government........................................................................................................ Value added................................................................................................................................................ Compensation of general government employees....................................................................... Consumption of general government fixed c a p ita l 2................................................................... Intermediate goods and services purchased 3 ................................................................................. Durable goods........................................................................................................................................ Nondurable goods Services... Less: Own-account investment4............................................................................................................... Sales to other sectors Tuition and related educational charges............................................................................... Health and hospital charges.................................................................................................... Other sales Residual.......................................................................................................................................................................... 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 13 14 15 16 17 18 19 200.0 I 202.1 772.4 62.0 175.0 536.2 II 257.8 178.7 556.3 20.5 260.6 1,713.4 1,995.0 1,195.2 988.9 209.0 802.9 67.6 178.9 558.7 20.3 261.2 653.7 662.8 345.0 251.1 95.6 321.9 40.4 29.1 253.6 3.3 5.7 659.5 668.7 348.7 253.9 96.5 324.1 41.9 29.6 253.9 3.3 5.9 680.7 690.5 354.5 258.6 97.5 340.9 43.9 31.2 267.1 3.3 6.5 690.2 699.5 360.4 263.2 98.6 343.9 44.9 30.9 269.6 3.3 5.9 443.4 447.1 220.4 152.6 461.5 465.1 225.0 156.4 69.5 244.9 40.2 15.4 190.4 1.4 465.6 469.2 228.6 159.1 70.3 245.3 41.0 15.0 190.7 1.4 2.3 6.6 6.0 6.0 452.5 456.2 223.1 154.8 69.2 237.6 39.1 14.8 184.8 1.4 431.9 435.9 216.6 149.9 67.8 223.0 35.9 13.8 174.3 1.5 2.5 439.7 443.4 218.3 151.1 217.9 223.6 129.1 101.9 27.9 94.8 3.6 15.6 0.5 15.2 75.8 1.9 3.8 212.0 217.4 125.3 98.8 27.3 92.5 3.5 14.9 213.5 219.0 126.8 0.0 0.0 15.0 74.2 1.9 3.5 15.2 74.0 1.9 3.6 1,021.2 1,291.9 831.9 723.8 109.1 459.9 23.0 147.6 289.2 17.1 253.6 47.7 117.5 89.5 - 6.8 1,013.9 1,281.7 824.7 718.6 107.1 456.9 1,017.6 1,286.5 827.9 721.1 107.8 458.5 2.0 3.5 1,008.0 1,273.9 820.1 714.9 106.1 453.8 22.6 145.4 285.8 17.1 248.9 47.0 115.1 87.7 -4 .9 IV 1,704.1 1,985.3 1,188.8 984.4 207.0 799.5 425.8 430.4 215.1 149.0 67.1 218.8 33.8 15.1 170.1 1.5 3.1 211.7 217.1 124.4 98.2 26.9 93.1 3.4 14.7 - 0.1 14.7 75.2 2.2 III 1,680.4 1,959.7 1,180.0 977.4 205.2 782.7 64.6 176.8 542.6 20.4 258.8 1,671.7 1,949.7 1,172.9 972.0 203.4 779.8 63.0 176.0 542.0 68.2 68.8 229.2 36.9 14.2 179.2 1.4 230.8 38.3 14.5 179.0 1.4 2.3 2.2 100.1 27.5 92.4 3.5 15.1 22.8 22.8 146.6 287.4 17.4 250.5 47.1 116.0 88.4 -5 .9 147.0 288.6 16.9 252.0 47.3 116.6 89.2 -6 .4 215.6 221.1 128.3 101.3 27.7 93.0 3.6 15.2 - 0.2 15.4 74.5 1.9 3.6 1,020.6 1,290.7 831.2 723.5 108.7 459.4 23.0 147.4 288.9 17.2 252.9 47.5 117.2 89.2 -6 .3 66.6 2.2 218.5 224.7 129.5 102.2 28.0 95.5 3.7 15.7 224.0 229.6 131.8 104.1 28.4 98.2 3.9 16.4 0.8 1.2 14.9 76.2 1.9 4.3 15.1 78.5 1,023.4 1,294.7 834.0 725.5 109.6 460.7 23.1 147.8 289.7 17.2 254.2 47.8 117.7 89.6 -7 .2 1,023.3 1,295.6 834.4 725.0 110.4 461.2 23.1 148.2 289.7 17.0 255.3 48.0 118.3 89.9 -7 .8 2.0 3.6 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software in table 3.9.5. N o t e . Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. D-30 National Data April 2009 Table 3.11.1. Percent Change From Preceding Period in Real National Defense Consumption Expenditures and Gross Investment by Type [Percent] Seasonally adjusted at annual rates Line 2007 2008 2007 2008 IV National defense consumption expenditures and gross investment................................... Consumption expenditures 1........................................................................................................... Gross output of general government................................................................................................................... Value added.......................................................................................................................................................... Compensation of general government employees................................................................................ M ilitary.......................................................................................................................................................... Civilian.......................................................................................................................................................... Consumption of general government fixed cap ital 2 ............................................................................. Intermediate goods and services purchased 3 ........................................................................................... Durable goods Aircraft Missiles Ships Vehicles Electronics Other durable goods................................................................................................................................. Nondurable goods.......................................................................................................................................... Petroleum products AmmunitionOther nondurable goods Services............ Research and development Installation support.................................................................................................................................... Weapons support....................................................................................................................................... Personnel support.... Transportation of material Travel of persons Less: Own-account investm ent 4 Sales to other sectors............................................................................................................................... I II IV III 1 2 2.5 7.2 -0.9 7.3 7.3 18.0 3.4 2.6 6.3 3 4 5 2.6 6.0 -1.4 -2 .5 0.5 - 0 .4 - 0.8 3.7 3.9 4.5 3.7 3.6 6.5 7.1 9.9 7 0.6 2.6 0.7 - 1.0 4.5 8 3.1 5.2 8.5 4.4 7.4 3.2 2.8 8.6 -6 .5 4.6 27.8 24.6 -45.1 22.3 -1 5 .6 - 5 .6 -4 9 .1 -5 9 .5 -4 4 .3 -2 6 .2 - 1.8 16.1 -1 0 .4 -1 5 .9 3.4 3.4 4.0 4.2 3.0 6.7 3.5 2.7 16.5 44.9 17.3 17.1 6 7.4 7.0 3.1 3.3 5.7 - 1 .9 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Gross investment5........................................................................................................................... 30 Structures 31 Equipment and softw are........................................................................................................................................ 32 33 Aircraft Missiles 34 - € .7 Ships 35 Vehicles 36 37 Electronics and software................................................................................................................................... Other equipment 38 2.1 34.4 22.0 - 0 .9 2.8 2.3 - 3 .7 7.6 4.9 -3 .0 - 0.2 11.8 6.5 50.5 9.6 -4 .5 7.4 1.6 12.8 0.6 -5 .8 6.2 20.5 17.4 -5 .0 15.5 13.9 3.7 5.9 27.9 37.6 1.3 - 2 .4 -7 .4 2.8 3.5 8.7 4.2 1.2 2.6 11.6 11.5 -3 0 .3 -1 3 .4 12.6 3.6 103.6 35.1 12.3 -8 .7 68.4 29.6 20.2 -7 .9 - 12.2 1.5 -2 7 .5 -1 8 .6 - 10.1 12.3 38.7 60.4 36.6 326.6 127.9 32.1 - 6 .3 28.3 - 12.2 -4 1 .8 - 4 .8 -8 0 .4 13.6 28.1 3.0 94.8 -4 .1 -4 2 .6 -2 3 .8 40.8 -4 0 .5 12.3 10.4 6.0 -45.1 14.0 -3 6 .7 - 3 .7 -4 5 .0 276.2 35.9 27.7 12.2 5.1 - 1.8 - 0.6 44.2 24.6 7.1 2.0 - 1.2 12.8 -0 .4 - 11.2 -8 .4 -2 7 .8 8.1 10.1 28.8 -4 1 .3 11.6 - 5 .8 28.4 25.4 21.5 -1 8 .0 - 6 .4 -1 2 .7 -3 9 .2 13.6 14.3 3.5 2.6 - 1 .7 79.6 44.1 -3 5 .9 8.6 10.1 11.9 6.2 1.0 4.1 26.9 4.7 0.7 8.5 21.2 26.1 - 1.8 59.1 -2 0 .5 43.2 14.4 26.3 33.9 45.4 1.3 28.1 -3 .1 35.3 92.0 40.8 7.1 -1 9 .2 -7 .3 -4 .1 22.7 100.3 16.1 -4 .8 27.1 11.3 70.5 22.0 10.0 21.1 4.0 - 8.8 122.6 - 2.0 -17.1 - 10.1 -2 7 .8 15.2 16.9 0.7 61.3 -1 7 .3 -37.1 -1 5 .3 46.0 35.3 -6 .7 3.1 1.5 36.5 - 2.2 2.4 -48.1 19.4 7.3 - 1.0 -7 .4 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. April 2009 Su r v e y of D-31 C u r r e n t B u sin ess Table 3.11.3. Real National Defense Consumption Expenditures and Gross Investment by Type, Quantity Indexes Table 3.11.4. Price Indexes for National Defense Consumption Expenditures and Gross Investment by Type [Index numbers, 2000=100] [Index numbers, 2000=100] Seasonally adjusted Line 2007 2008 2007 IV National defense consumption expenditures and gross investment......................... Seasonally adjusted 2008 I II Line III 1 135.596 145.318 137.694 140.125 142.621 148.643 149.882 2 132.457 140.765 134.343 136.773 137.921 143.533 144.831 National defense consumption expenditures and gross investment......................... 23 24 25 26 27 28 29 116.496 247.616 238.770 209.966 131.967 134.069 158.862 125.923 281.336 272.821 217.218 117.221 122.776 114.681 117.007 258.013 250.721 234.577 124.748 131.345 127.489 124.562 273.010 263.232 223.197 122.697 126.970 112.586 122.029 264.249 264.183 205.930 116.545 123.628 115.894 131.612 311.062 287.765 209.472 110.479 121.296 114.687 125.491 277.024 276.104 230.274 119.163 119.211 115.559 Gross investment5....................... Structures......................................... Equipment and software............... Aircraft........................................... Missiles......................................... S hips............................................. Vehicles........................................ Electronics and softw are......... Other equipment......................... 30 31 32 33 34 35 36 37 38 159.765 105.467 166.336 196.590 150.912 118.700 338.161 187.839 148.332 181.536 135.108 186.599 206.673 148.181 118.020 487.795 234.107 158.913 163.647 127.851 167.228 175.408 128.943 126.762 329.460 201.794 152.060 166.030 110.037 172.794 156.436 127.727 109.180 458.841 217.863 161.658 180.174 123.836 186.813 224.825 156.938 117.039 451.455 231.853 156.481 189.622 147.324 193.933 222.049 166.632 190.318 159.234 192.858 223.383 141.426 125.660 525.015 243.060 157,242 Gross investment5....................... Structures......................................... Equipment and software............... Aircraft........................................... Missiles.......................................... Ships.............................................. V ehicles........................................ Electronics and software........... Other equipment......................... 3 132.615 140.547 134.289 4 107.989 111.998 108.747 136.595 137.740 109.583 110.665 143.284 112.975 144.568 114.768 b 107.247 108.743 109.860 112.532 114.472 6 108.650 113.490 109.072 110.596 111.422 114.603 117.337 7 105.015 107.752 106.078 105.574 107.311 108.925 8 111.333 114.901 112.518 113.253 114.231 115.390 116.728 189.434 177.813 182.777 184.007 195.318 9 174.466 109.198 195.635 10 151.923 175.520 161.068 165.524 171.966 180.427 184.161 11 108.826 123.925 121.127 110.668 121.411 128.654 134.966 12 162.779 168.775 174.092 167.922 169.023 168.256 169.899 13 14 15 16 17 18 19 104.894 268.205 283.075 153.997 145.268 134.493 182.816 20 142.512 21 183.437 111.128 343.081 389.640 156.036 141.799 124.529 187.874 147.557 199.356 102.590 296.576 290.827 156.342 132.219 119.399 172.141 133.630 188.019 105.680 299.234 347.384 168.557 136.110 116.718 196.088 142.592 193.245 105.217 346.415 380.609 150.796 139.410 124.341 171.644 146.941 193.068 118.160 327.119 416.337 155.970 147.789 133.764 188.481 147.411 205.389 115.455 399.557 414.230 148.822 143.889 123.292 195.284 153.282 205.724 22 180.920 188.494 179.790 177.127 185.459 184.017 207.375 120.202 515.870 243.649 160.272 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and soft ware). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2007 IV Consumption expenditures 1....... Gross output of general government.................................. Value a d d e d ................................. Compensation of general government em ployees... Military................................. Civilian................................. Consumption of general government fixed cap ital 2 Intermediate goods and services purchased 3............ Durable goods........................ Aircraft................................. Missiles................................ Ships..................................... Vehicles............................... Electronics.......................... Other durable goods........ Nondurable goods................ Petroleum products........... Ammunition......................... Other nondurable goods Services.................................... Research and development.................. Installation support........... Weapons support............. Personnel support............ Transportation of material Travel of persons................ Less: Own-account investm ent 4 Sales to other sectors...... 107.873 2008 IV Consumption expenditures 1...... Gross output of general governm ent................................. Value a d d e d ................................ Compensation of general government em ployees... Military................................. Civilian................................. Consumption of general government fixed cap ital 2 Intermediate goods and services purchased 3 ........... Durable goods........................ Aircraft................................. M issiles............................... S h ips.................................... Vehicles............................... Electronics.......................... Other durable goods........ Nondurable goods................. Petroleum products......... Ammunition........................ Other nondurable goods Services................................... Research and development.................. Installation support........... Weapons support............. Personnel support............ Transportation of material Travel of persons.............. Less: Own-account investm ent 4 Sales to other sectors..... 111.402 2007 2008 I II III IV 1 131.874 136.574 133.237 134.905 136.967 138.004 136.421 2 136.220 141.371 137.704 139.603 141.872 142.967 141.042 3 136.200 141.350 4 146.218 150.632 137.682 147.018 139.582 141.847 142.939 149.545 150.754 151.126 141.031 151.104 164.637 160.322 163.763 164.854 173.550 147.987 148.130 164.957 173.657 148.225 b 159.639 164.975 6 167.465 173.295 168.796 172.162 173.811 7 144.559 147.985 144.027 147.599 8 114.249 117.307 115.297 115.762 116.945 118.414 118.109 9 124.212 129.996 126.338 127.603 130.834 106.740 104.989 112.514 110.131 121.599 121.873 94.889 95.022 109.213 110.818 180.365 209.218 286.283 366.222 126.868 130.288 115.813 117.461 127.053 128.757 10 106.301 107.026 106.067 106.142 11 106.086 105.315 104.766 104.673 12 111.246 112.726 111.487 111.892 13 108.860 111.221 109.107 109.075 14 15 16 17 18 19 120.803 122.299 121.644 95.252 95.109 94.797 108.127 111.185 109.049 156.573 190.503 172.884 224.381 311.574 266.054 122.886 130.701 125.172 20 114.008 117.428 115.504 21 124.706 129.116 126.045 132.582 107.299 105.494 112.833 112.701 121.331 95.285 111.991 212.474 372.172 133.627 118.456 130.624 128.965 107.922 106.104 113.662 112.977 124.394 95.241 112.720 159.952 221.618 132.022 117.983 130.032 22 123.754 128.299 125.013 126.567 127.725 129.372 129.532 23 128.472 24 118.471 25 124.281 26 128.907 27 131.264 28 137.008 29 132.067 133.333 121.264 126.899 140.955 145.724 141.141 137.594 130.111 131.279 133.163 119.296 120.145 120.858 125.543 125.671 126.466 131.067 132.695 140.968 133.180 137.492 146.285 137.219 139.726 141.220 133.879 135.565 137.537 134.396 121.971 127.543 149.714 155.475 141.900 138.448 30 31 32 33 34 35 36 37 38 107.386 145.546 104.375 86.581 107.216 145.159 103.495 85.321 111.987 105.920 144.374 102.891 85.813 107.270 135.870 102.260 86.228 110.071 107.217 145.282 104.211 86.313 106.596 145.704 102.781 85.434 111.671 134.492 122.082 127.915 140.442 143.645 141.719 138.824 107.925 145.635 104.948 86.371 106.992 150.818 105.255 143.122 102.270 83.714 105.554 134.873 101.514 87.256 109.422 106.296 145.342 103.220 86.308 106.547 138.880 103.023 85.567 110.308 108.108 145.925 105.122 87.331 108.728 145.235 101.886 106.288 85.420 84.862 112.822 113.149 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and soft ware). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. D-32 National Data Table 3.11.5. National Defense Consumption Expenditures and Gross Investment by Type April 2009 Table 3.11.6. Real National Defense Consumption Expenditures and Gross Investment by Type, Chained Dollars [Billions of dollars] [Billions of chained (2 0 0 0 ) dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV National defense consumption expenditures and gross investment Consumption expenditures1 Gross output of general governm ent.................................. Value ad d e d ................................. Compensation of general government em ployees.... Military.................................. Civilian.................................. Consumption of general government fixed ca p ita l 2 Intermediate goods and services purchased 3 ............ Durable goods......................... Aircraft................................... Missiles................................ Ships..................................... Vehicles................................ Electronics........................... Other durable goods ...... Nondurable goods.................. Petroleum products........... Ammunition......................... Other nondurable goods... S ervices.................................... Research and development................... Installation support............ Weapons support.............. Personnel support............. Transportation of material Travel of persons............... Less: Own-account investm ent 4 Sales to other sectors...... Gross investment5........................ Structures........................................... Equipment and software................. Aircraft............................................ Missiles S h ips.. Vehicle! Electronics and softw are........... Other equipment.......................... 1 2 Seasonally adjusted at annual rates 2008 I II Line III 734.9 679.3 699.9 723.3 759.5 757.0 639.7 594.7 613.8 629.0 659.6 656.6 3 4 586.3 314.5 644.8 336.0 600.0 318.4 618.8 326.4 634.1 332.3 664.7 340.0 661.7 345.4 5 237.9 162.7 75.2 254.8 175.9 79.0 240.3 164.6 75.7 247.4 170.3 77.2 251.8 173.2 78.6 257.8 177.9 79.9 262.4 182.2 80.2 8 76.6 81.2 78.1 79.0 80.5 82.3 83.0 9 271.8 36.0 11.3 4.4 1.5 2.5 7.9 8.3 23.7 308.8 41.8 281.6 38.0 12.5 4.8 1.5 292.4 39.1 11.4 4.6 1.5 324.6 43.1 13.4 4.7 2.8 8.1 2.8 301.8 40.9 12.5 4.7 1.5 3.3 10.6 11.6 8.3 30.5 18.6 4.1 7.9 230.4 8.7 32.8 20.3 4.6 316.3 44.3 14.1 4.7 1.7 3.9 11.5 8.3 24.1 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 12.2 4.1 7.4 212.1 58.8 37.3 28.1 68.1 11.6 8.1 2.1 12.8 4.7 1.6 3.3 10.8 8.6 28.3 15.9 4.5 7.9 238.7 63.6 41.8 32.7 79.4 13.1 8.0 2.0 8.5 23.9 13.0 3.9 7.0 219.7 9.6 9.2 25.7 13.6 4.5 7.5 227.6 59.1 37.9 29.5 72.2 13.2 7.8 58.9 40.7 31.4 75.9 12.7 7.9 2.0 1.8 3.1 8.2 247.9 62.2 40.5 30.6 76.6 12.5 62.6 44.1 36.3 84.2 13.5 70.6 42.1 32.4 81.0 13.9 8.0 2.0 8.1 2.0 8.0 2.0 3.3 3.0 3.1 3.1 82.1 7.5 74.6 95.2 9.8 85.4 13.9 4.3 11.3 9.3 84.6 9.2 75.4 11.7 3.7 11.3 86.1 7.9 78.2 10.5 3.7 94.3 8.9 85.4 15.1 4.5 10.0 11.2 6.2 8.5 20.2 17.6 24.9 8.7 18.9 26.5 99.9 10.7 89.2 14.9 4.8 11.9 9.7 20.0 21.1 26.0 26.9 4.3 10.5 6.3 16.6 24.1 26.5 4.7 8.0 3.1 12.8 11.1 248.7 4.1 1.9 3.1 100.4 11.5 88.9 15.1 4.1 12.0 10.3 20.9 26.5 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2007 IV 580.1 7 2008 IV 662.2 6 2007 National defense consumption expenditures and gross investment......................... 2008 I II III IV 1 502.1 538.1 509.9 550.4 555.0 425.8 452.5 431.9 518.9 439.7 528.1 2 443.4 461.5 465.6 3 4 430.4 215.1 456.2 223.1 435.9 216.6 443.4 218.3 447.1 220.4 465.1 225.0 469.2 228.6 5 7 149.0 97.2 52.0 154.8 101.5 53.4 149.9 97.5 52.5 151.1 98.9 52.3 152.6 99.6 53.1 156.4 102.5 53.9 159.1 104.9 54.1 8 67.1 69.2 67.8 68.2 68.8 69.5 70.3 9 218.8 33.8 10.7 4.0 1.4 237.6 39.1 223.0 35.9 11.9 4.3 1.4 2.3 8.5 7.8 13.8 4.8 3.1 229.2 36.9 10.9 4.1 1.4 2.3 230.8 38.3 11.9 4.1 1.4 2.7 244.9 40.2 2.5 245.3 41.0 13.3 4.2 1.5 3.1 10.1 11.1 12.2 12.1 8.4 14.2 4.7 3.6 6.5 179.2 7.5 14.5 5.0 3.1 6.7 179.0 7.8 15.4 5.4 3.4 6.7 190.4 7.4 15.0 5.0 3.5 7.0 190.7 46.5 31.0 26.2 60.4 9.6 5.8 1.4 48.7 30.4 25.3 60.6 8.9 5.5 1.4 2.3 48.3 32.8 29.8 2.2 54.5 31.3 26.6 63.4 9.9 5.6 1.4 2.3 87.9 92.6 7.3 85.0 17.2 4.5 7.9 9.4 24.6 23.8 -1 4 .0 92.9 7.9 84.6 17.3 3.8 8.3 9.6 24.6 23.4 -1 3 .9 Consumption expenditures 1....... Gross output of general government.................................. Value added................................. Compensation of general government em ployees... Military................................. Civilian................................. Consumption of general government fixed cap ital 2 Intermediate goods and services purchased 3............ Durable goods........................ Aircraft................................. Missiles................................ Ships..................................... Vehicles............................... Electronics.......................... Other durable goods........ Nondurable goods................. Petroleum products........... Ammunition......................... Other nondurable goods Services.................................... Research and development.................. Installation support........... Weapons support............. Personnel support............ Transportation of material Travel of persons............... Less: Own-account investm ent 4 Sales to other sectors...... 23 24 25 26 27 28 29 Gross investment5....................... Structures.......................................... Equipment and software................ Aircraft........................................... Missiles.......................................... Ships.............................................. Vehicles........................................ Electronics and software........... Other equipment......................... Residual.................................................. 30 31 32 33 34 35 36 37 38 39 6 10 11 12 13 14 15 16 17 18 19 20 21 22 2.1 8.3 7.7 15.1 5.5 3.3 6.5 170.1 47.5 29.0 23.7 54.8 9.0 6.2 1.5 3.1 78.0 5.2 72.9 15.2 4.1 7.8 6.2 19.0 22.1 - 8 .9 12.2 4.1 1.5 2.7 11.4 7.8 14.8 5.0 3.4 6.7 184.8 49.5 31.4 27.0 62.6 9.3 5.5 1.4 2.2 88.6 6.7 81.8 16.0 4.0 7.8 8.9 23.7 23.6 -1 3 .2 6.1 174.3 47.2 29.2 24.7 57.5 10.1 5.9 1.5 2.5 79.9 6.4 73.3 13.6 3.5 8.3 6.0 2.2 81.0 5.5 75.8 12.1 3.4 7.2 8.4 20.4 22.0 22.6 24.0 - 11.0 -9 .5 6.2 81.9 17.4 4.2 7.7 8.3 23.4 23.3 -13.1 12.6 4.1 1.6 66.0 9.0 5.2 1.4 1. National defense consumption expenditures are defense sen/ices produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. N o t e . Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. April 2009 Survey of D-33 C u r r e n t B usin ess 4. Foreign Transactions Table 4.1. Foreign Transactions in the National Income and Product Accounts [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 2,524.1 2,657.7 2,667.1 2,664.0 2,746.0 2,784.5 2,436.3 1,662.4 1,149.2 788.7 360.5 513.2 1,859.4 1,283.1 836.2 447.0 576.3 1,759.7 1,213.7 826.4 387.3 546.0 1,820.8 1,256.9 829.2 427.7 563.9 1,923.2 1,343.7 476.9 579.5 1,968.9 1,374.3 882.1 492.1 594.6 1,724.7 1,157.6 766.5 391.1 567.1 798.3 3.0 795.3 255.9 274.8 264.6 907.4 3.0 904.3 351.3 231.3 321.8 843.2 3.0 840.2 283.4 292.0 264.8 822.8 3.0 819.8 254.0 271.1 294.6 815.6 3.0 812.6 257.3 291.5 263.8 711.6 3.1 708.5 228.7 244.5 235.3 IV Current receipts from the rest of the world............................................................................. 1 2 2008 I II III IV Exports of goods and services........................................................................................................ Goods 1 ....................................................................................................................................................................... D u rab le.. Nondurable Services 1 .. Income receipts Wage and salary receipts Income receipts on assets Interest................. Dividends............ Reinvested earnings on U.S. direct investment abroad............................................................................ 10 11 12 861.7 3.0 858.8 349.6 213.2 296.0 Current payments to the rest of the world............................................................................... 13 3,242.7 3,311.3 3,318.1 3,357.0 3,468.6 3,480.9 2,938.9 Imports of goods and services Goods 1.................................. D urab le............................. Nondurable...................... Services 1 .................................................................................................................................................................. 14 15 16 17 18 2,370.2 1,985.2 1,172.5 812.7 385.1 2,528.6 2,115.2 1,156.5 958.6 413.4 2,456.5 2,060.9 1,181.9 878.9 395.6 2,526.5 2,118.0 1,173.2 944.8 408.5 2,641.4 2,225.5 1 ,210.6 1,014.9 415.9 2,676.6 2,251.0 1,194.3 1,056.7 425.6 2,269.7 1 ,866.1 1,048.1 818.0 403.6 19 759.3 665.1 10.3 654.8 502.0 106.6 46.2 742.0 10.3 731.7 599.9 121.5 10.3 705.1 708.9 688.7 557.7 10.2 10.2 10.2 10.6 694.8 536.5 114.4 43.9 698.7 506.5 106.3 547.1 463.2 108.0 -24.1 3 4 5 6 7 8 9 866.8 Income payments............... W age and salary payments Income payments on assets Interest.............................. Dividends.............................................................................................................................................................. Reinvested earnings on foreign direct investment in the United States............................................... 23 24 749.3 584.8 95.6 68.9 86.0 678.5 501.6 97.8 79.1 Current taxes and transfer payments to the rest of the world (net).............................................. From persons (net).................................................................................................................................................. From government (n e t).......................................................................................................................................... From business (n e t)................................................................................................................................................ 25 26 27 28 113.2 56.3 25.9 31.0 117.7 60.1 24.2 33.4 119.6 57.3 28.6 33.8 125.4 57.9 32.4 35.1 118.2 62.7 21.5 34.0 115.6 62.7 20.4 32.5 111.4 57.1 22.3 32.1 Balance on current account, NIPAs......................................................................................... 29 -718.6 -653.6 -651.0 -693.0 -722.6 -696.5 -502.6 Addenda: Net lending or net borrowing (-), NIPAs............................................................................................................. Balance on current account, NIPAs................................................................................................................ Less: Capital account transactions (net) 2 ................................................................................................... 30 31 32 -7 2 0 .4 -7 1 8 .6 -656 .1 -6 5 3 .6 2.4 -6 5 3 .3 -6 5 1 .0 2.3 -6 9 5 .4 -6 9 3 .0 2.4 -7 2 5 .2 -7 2 2 .6 -699 .1 -6 9 6 .5 -5 0 4 .8 -5 0 2 .6 2.6 2.6 2.2 20 21 22 10.0 1.8 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in sen/ices. Beginning with 1986, repairs and alterations of equipment are reclassi fied from goods to services. 2. Consists of capital transfers and the acquisition and disposal of nonproduced nonfinancial assets. D-34 National Data Table 4.2.1. Percent Change From Preceding Period in Real Exports and in Real Imports of Goods and Services by Type of Product April 2009 Table 4.2.2. Contributions to Percent Change in Real Exports and in Real Imports of Goods and Services by Type of Product [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2007 2008 2007 IV Exports of goods and services.......................... Exports of goods 1.................... Foods, feeds, and beverages.... Industrial supplies and materials.................................... Durable goods......................... Nondurable goods.................. Capital goods, except automotive................................ Civilian aircraft, engines, and parts...................................... Computers, peripherals, and p arts...................................... O th e r......................................... Automotive vehicles, engines, and p arts.................................. Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. O th e r.............................................. Exports of services 1................ Transfers under U.S. military agency sales contracts.......... Travel.............................................. Passenger fares........................... Other transportation................... Royalties and license fe e s ........ Other private services............... O th e r.............................................. Imports of goods and services.......................... I II III IV 8.4 6.2 4.4 5.1 12.3 3.0 -23.6 7.5 8.8 6.0 4.7 5.1 - 12.0 4.5 14.3 16.3 8.7 3.7 -10.8 -32.0 -2 7 .7 2008 2007 10.5 9.3 7.4 11.2 11.1 6 5.5 5.6 5.4 11.2 5.3 -5 .4 21.7 29.0 41.9 22.5 8.7 7.4 9.4 -2 9 .0 -2 2 .7 -32.1 7 8.0 4.1 10.0 - 3 .6 11.2 4.4 -3 3 .2 8 11.4 - 5 .4 17.3 -24.1 -3 .2 -3 .0 -6 5 .6 9 3.5 7.9 5.5 6.7 -9 .2 0.4 2.7 57.4 10.3 5.4 6.4 -4 5 .2 -1 9 .8 2008 I II III IV Percentage points at annual rates: 1 2 3 4 5 10 11.0 11 11.9 - 0 .9 - 2.8 -1 1 .5 4.3 25.9 -5 6 .6 12 10.9 15.4 5.4 -5 .4 8.1 13 14 15 14.9 14.6 15.4 37.1 15.3 12.7 18.9 28.8 12.8 2.2 -29.1 -4 7 .2 28.5 -5 3 .3 1.1 6.4 0.3 13.4 -15.1 18.9 28.0 16 10.5 6.6 2.7 6.4 3.8 1.4 -1.5 17 18 19 -1 9 .3 9.9 -3 1 .2 14.1 27.0 8.4 - 5 .7 - 0.1 77.3 -0 .4 -1 0 .5 -6 8 .4 12.5 - 6.6 10.6 11.6 8.6 23 -1 2 .3 8.9 7.6 7.4 11.4 14.5 4.9 1.8 — 6.4 7.3 -3 .1 -1 9 .8 8.3 5.2 -4 4 .3 -1 5 .4 -2 9 .4 8.4 3.5 - 0.8 93.4 20 21 22 7.7 8.6 6.2 0.4 8.7 8.7 -4 .1 8.2 4.7 10.0 11.8 - 6.8 8.6 24 2.2 -3.5 -2.3 -0.8 -7.3 -3.5 -17.5 25 26 1.7 1.3 -4.1 -1 .5 -2.6 -7 .7 -2.0 -5 .2 -7.1 4.7 -4.7 -1 .4 -19.6 3.4 27 28 29 30 -3 .8 -9 .7 3.7 - 2.0 -8 .4 -9 .2 - 7 .6 -4 .0 -2 0 .3 -1 5 .0 -2 5 .9 16.5 -1 7 .3 -1 0 .4 -2 4 .2 17.6 - 0 .4 - 11.8 13.2 -38.1 7.7 7.8 7.6 - 6.6 -2 5 .3 - 20.0 -3 0 .3 40.7 36 37 38 39 5.8 7.0 4.4 -0 .4 - 1 .4 -1 .7 - 1.1 - 6.6 Imports of services 1................. Direct defense expenditures..... Travel.............................................. Passenger fares........................... Other transportation................... Royalties and license fees........ Other private services............... O th e r.............................................. 40 41 42 43 44 45 46 47 4.4 -4 .1 -1 .7 -2 .7 4.4 0.2 - 8.6 -0.9 1.8 1.1 11.9 -8 .4 - 7 .4 -1 3 .4 - 0.8 48 49 50 31 5.9 0.5 1.6 1.1 8.9 -5 .4 -2 8 .3 32 15.3 -3 .1 - 3 .3 17.0 3.4 -3 7 .3 -2 5 .3 6.3 - 2.2 26.0 4.3 33 34 35 51 52 53 54 9.8 3.6 - 0.1 1.7 0.5 -1 1 .9 -4 .4 2.6 1.6 12.4 1.6 3.6 - 0 .7 8.5 5.4 7.1 4.6 8.7 5.2 7.6 6.1 2.2 1.1 -4 .3 -4 .0 -4 .1 2.5 9.7 -0 .5 - 11.0 6.4 6.5 6.2 -3 4 .3 1.0 1.8 8.7 - 2.1 -1 8 .6 7.7 -4 .3 - 0.1 - 6 .3 -7 .9 - 6 .5 -1 5 .2 5.3 - 0.1 5.5 -1 2 .3 8.5 32.9 4.2 11.4 3.9 - 3 .6 - 2.2 19.7 11.8 3.8 -6 .3 4.0 -6 .4 -1 2 .7 -13.1 1.8 -2 5 .7 8.2 4.3 19.7 -4 .4 23.2 2.0 -4 7 .4 - 21.6 -5 0 .5 -8.0 - 21.8 - 11.2 - 21.0 -1 2 .3 5.2 0.5 - 7 .7 4.9 - 5 .4 -1 1 .4 80.9 2.5 2.9 -3 1 .3 -4 0 .5 -1 8 .3 -2 7 .3 -6.7 6.3 17.3 -25.1 -1 9 .6 -4 8 .5 -1 .9 20.5 15.1 18.6 10.5 4.9 1.5 - 7 .0 -36.1 -2 3 .6 -1 5 .2 17.0 3.7 -1 8 .7 4.0 4.9 -7 .1 - 1 .7 -4.1 7.3 -1 7 .7 3.3 0.2 -3 3 .5 -3 5 .0 3.6 -3 0 .5 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. 2007 IV Percent change at annual rate: Exports of goods and services.......................... Imports of goods 1.................... 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 p arts...................................... Computers, peripherals, and p arts...................................... O th e r.......................................... Automotive vehicles, engines, and p arts.................................. Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. O th e r.............................................. Addenda: Exports of durable goods.......... Exports of nondurable goods... Exports of agricultural goods 2 Exports of nonagricultural goods......................................... Imports of durable goods........... Imports of nondurable goods.... Imports of nonpetroleum goods Line 2008 Exports of goods 1.................... Foods, feeds, and beverages.... Industrial supplies and materials.................................... Durable goods......................... Nondurable goods.................. Capital goods, except autom otive................................ Civilian aircraft, engines, and p a rts ...................................... Computers, peripherals, and p a rts ...................................... O ther........................................... Automotive vehicles, engines, and parts.................................... Consumer goods, except autom otive................................ Durable goods......................... Nondurable goods.................. Other............................................... Exports of services 1................. Transfers under U.S. military agency sales contracts.......... Travel............................................... Passenger fares........................... Other transportation.................... Royalties and license fe e s ........ Other private services................. Other............................................... 1 8.4 6.2 4.4 5.1 12.3 3.0 -23.6 2 5.26 0.42 4.14 0.22 3.53 -0 .6 9 3.13 0.77 11.11 0.52 2.55 -0 .7 0 -23.17 -1.61 2.02 3 1.01 2.00 6 0.39 0.62 0.65 1.35 1.33 0.72 0.61 -0 .3 7 2.39 5.34 2.57 2.77 1.75 0.52 1.23 -5 .8 9 -1 .5 2 -4 .3 7 7 2.21 1.10 2.59 -0 .9 5 2.85 1.09 -8 .9 5 8 0.58 -0 .2 8 0.88 -1 .4 5 -0 .1 6 -0 .1 4 -4 .1 4 9 0.11 0.49 1.15 1.85 0.13 1.53 -0 .2 5 1.96 0.01 10 0.14 1.25 1.10 - 1.22 -3 .5 9 11 0.85 -0 .0 6 - 0.21 -0 .8 4 0.29 1.52 -4 .7 6 12 0.94 0.73 0.02 1.21 1.04 0.63 -0 .6 0 0.48 0.69 0.52 0.92 1.29 0.63 0.93 -2 .1 5 -2 .6 7 -2.71 0.05 0.71 4 5 13 14 15 -0 .1 8 0.70 0.38 0.32 0.18 16 3.19 2.04 0.86 1.97 1.19 0.43 -0.41 17 18 19 -0 .1 3 0.52 0.12 -0 .1 6 0.58 0.09 20 21 22 23 0.23 0.56 1.85 0.06 0.43 1.16 -0 .0 5 -0 .2 9 0.79 0.38 0.25 -0 .2 9 - 0.01 0.02 0.45 -0 .0 3 -0 .1 8 0.26 0.23 1.31 -0 .0 7 -0 .7 9 0.71 0.18 -0 .2 3 0.41 0.95 -0 .0 4 -0 .0 4 0.65 0.13 -0 .7 2 0.38 0.65 -0 .6 3 0.06 -0 .9 7 -0 .5 5 0.26 0.17 - 0.10 0.72 24 2.2 -3.5 -2.3 -0.8 -7.3 -3.5 -17.5 25 26 1.46 0.04 -3.49 -0 .0 5 -2.17 -0 .2 7 -1.65 -0 .1 8 -5.97 0.16 -3.97 -0 .0 5 -16.46 27 28 29 30 -0 .5 0 -0.71 -1 .0 4 -0 .6 0 -0 .4 4 -0 .7 7 -2 .7 6 -1 .0 4 -1 .7 2 2.28 -2 .2 5 -0 .6 7 -1 .5 8 2.74 -0 .0 3 -0 .7 6 0.73 -8 .5 9 0.92 0.47 0.45 -1 .2 9 -3 .4 8 -1 .3 3 -2 .1 5 5.83 0.21 0.00 0.66 0.82 0.11 Percent change at annual rate: Imports of goods and services.......................... Percentage points at annual rates: Imports of goods 1..................... 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 p a rts ...................................... Computers, peripherals, and p a rts ...................................... Other........................................... Automotive vehicles, engines, and parts.................................... Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. O ther............................................... Imports of services 1................. Direct defense expenditures..... Travel............................................... Passenger fares........................... Other transportation.................... Royalties and license fe e s ........ Other private services................. Other............................................... 0.21 -0 .2 8 0.12 31 1.08 0.11 0.29 0.21 1.52 -0 .9 7 -5 .5 2 32 0.20 -0 .0 4 -0 .0 5 0.23 0.05 -0 .6 3 -0 .3 6 33 34 0.42 0.46 0.08 0.07 0.40 -0 .0 6 0.26 -0 .2 8 0.96 0.52 -0 .5 6 0.22 -2 .2 7 - 2.88 35 - 0.01 - 1.20 -1 .2 6 -0 .8 5 -1.31 - 2.66 -5.61 36 37 38 39 1.15 0.76 0.39 -0 .2 7 -0 .1 8 - 0.10 -0 .2 6 1.22 -1 .3 0 -1 .7 5 0.45 - 1.66 0.00 1.49 1.87 -0 .3 8 0.78 0.80 0.70 0.52 -6 .7 2 -5 .0 6 - 1.66 -1 .0 8 0.04 -0.14 - 0.12 0.06 0.01 0.86 -0 .1 8 0.26 0.35 40 41 42 43 44 45 46 47 - 0.02 0.71 -0 .0 6 -0 .0 5 -0 .0 3 0.13 0.03 0.69 0.01 0.01 - 0.12 0.01 0.21 0.00 0.36 - 0.11 - 0.22 -0 .1 4 -0 .0 5 0.01 0.12 0.11 0.23 - 0.02 -1.29 -0 .3 3 -0 .3 6 -0 .2 9 -0 .3 6 0.05 0.03 -0 .0 3 0.21 0.59 -0.71 0.51 0.00 0.15 -0 .0 7 -0 .3 4 0.61 0.14 0.01 -1.07 0.09 0.53 -0 .3 7 -0 .5 9 -0 .7 0 - 0.11 0.09 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. April 2009 Su r v ey of D-35 C u r r e n t B u sin ess Table 4.2.3. Real Exports and Imports of Goods and Services by Type of Product, Quantity Indexes Table 4.2.4. Price Indexes for Exports and Imports of Goods and Services by Type of Product [Index numbers, 2 0 0 0 = 1 0 0 ] [Index numbers, 2000=100] Seasonally adjusted Seasonally adjusted Line 2007 2008 2007 IV Exports of goods and services.......................... Exports of goods 1.................... Foods, feeds, and beverages.... Industrial supplies and materials.................................... Durable goods......................... Nondurable goods.................. Capital goods, except automotive................................ Civilian aircraft, engines, and p arts...................................... Computers, peripherals, and p arts...................................... O th e r.......................................... Automotive vehicles, engines, and p arts................................... Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. O th e r.............................................. Exports of services 1................ Transfers under U.S. military agency sales contracts.......... Travel.............................................. Passenger fares........................... Other transportation................... Royalties and license fe e s........ Other private services................ O th e r.............................................. Imports of goods and services.......................... Imports of goods 1.................... 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 p arts ...................................... Computers, peripherals, and p arts...................................... O th e r......................................... Automotive vehicles, engines, and p arts.................................. Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. O th e r.............................................. Imports of services 1................. Direct defense expenditures..... Travel.............................................. Passenger fares........................... Other transportation................... Royalties and license fees........ Other private services................ O th e r.............................................. Addenda: Exports of durable goods.......... Exports of nondurable goods... Exports of agricultural goods 2 Exports of nonagricultural goods......................................... Imports of durable goods........... Imports of nondurable goods.... Imports of nonpetroleum goods Line 2008 I II III 124.889 122.992 127.180 129.849 126.180 116.347 4 122.476 135/352 126.975 130.383 138.941 141.863 130.220 5 118.170 129.194 123.461 121.763 132.886 135.281 126.844 6 125.223 139 .2 9 0 129.234 135.750 142.815 146.043 132.552 7 127.527 132.803 133.894 132.678 136.258 137.745 124.533 8 137.935 130.505 149.937 139.942 138.797 137.757 105.524 9 115.369 121.705 114.931 115.052 128.863 130.555 112.351 10 127.650 136.256 133.690 134.568 137.895 140.039 132.521 11 142.112 140.895 147.116 142.695 144.199 152.742 123.947 12 155.341 167.910 158.849 164.473 170.414 175.616 161.136 13 170.904 184.067 180.181 186.423 192.062 193.125 164.657 14 138.535 150.446 135.949 140.907 147.140 156.648 157.087 15 90.843 96.687 92.062 99.614 106.123 87.711 93.302 16 136.868 145.916 142.570 144.792 146.131 146.640 146.100 17 103.511 18 99.730 19 82.805 20 125.616 21 159.545 22 178.017 23 107.650 83.561 109.653 87.919 126.090 173.378 193.562 103.219 89.332 106.994 89.499 128.079 166.709 185.436 108.749 103.088 106.880 87.045 130.621 168.639 189.916 106.953 77.285 110.083 89.501 128.335 172.160 193.273 106.118 75.967 113.135 91.371 121.458 175.606 195.718 91.682 77.904 108.515 83.758 123.944 177.107 195.341 108.123 24 133.654 129.038 133.254 132.991 130.509 129.367 123.283 25 134.921 129.326 134.315 133.654 131.212 129.653 122.785 26 139.687 137.600 138.203 136.368 137.957 137.459 138.614 27 28 29 30 124.901 128.155 122.231 112.670 31 141.960 142.653 143.846 144.252 147.344 145.299 133.717 114.361 116.385 112.979 108.157 121.051 115.429 115.320 117.475 122.999 119.673 115.967 118.154 119.819 111.806 115.321 117.455 112.011 116.638 103.467 101.727 32 106.094 102.840 105.750 109.995 110.914 98.700 109.221 111.747 107.333 110.797 91.753 33 200.083 203.387 202.660 205.800 218.025 210.478 179.244 34 129.089 129.719 131.086 130.354 131.724 132.308 124.490 35 125.864 110.886 125.174 122.624 118.526 110.056 36 37 38 39 40 41 42 43 44 45 46 47 167.794 179.857 154.939 106.881 127.581 137.224 84.472 86.966 128.657 127.134 193.484 110.284 165.469 176.873 153.298 99.847 127.856 125.480 85.984 87.958 123.040 129.126 200.406 109.494 168.747 183.369 153.183 100.285 128.185 135.192 84.766 87.672 128.341 165.927 175.981 155.176 100.254 129.913 130.835 86.503 94.132 129.672 120.221 123.500 197.937 199.847 110.443 109.441 169.218 184.064 153.435 105.627 127.217 123.016 83.980 88.756 125.470 125.079 200.087 107.269 171.012 184.982 156.147 100.600 128.249 123.082 84.993 87.528 121.731 145.057 201.324 108.051 92.336 155.718 162.467 148.433 92.906 126.043 124.989 88.461 81.418 115.287 122.869 200.368 113.215 48 130.213 136.197 136.241 135.479 140.328 142.009 126.974 49 122.542 133.217 125.159 130.919 136.624 137.131 128.193 50 117.787 123.883 120.532 123.936 127.064 124.789 119.743 51 52 53 54 128.309 140.459 127.961 139.177 136.143 134.386 122.862 133.499 133.444 140.490 126.448 138.434 134.709 138.219 127.688 136.179 140.091 139.473 121.248 137.510 141.760 136.912 120.726 136.077 128.010 122.940 121.785 124.229 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. 2008 2007 IV IV 1 130.068 138.111 135.189 136.880 140.908 141.943 132.713 2 127.335 134.948 132.219 133.690 138.826 140.079 127.198 3 119.271 2007 Exports of goods and services.......................... Exports of goods 1.................... Foods, feeds, and beverages.... Industrial supplies and m aterials.................................... Durable goods......................... Nondurable goods.................. Capital goods, except automotive................................ Civilian aircraft, engines, and p a rts ...................................... Computers, peripherals, and p a rts ...................................... Other........................................... Automotive vehicles, engines, and parts.................................... Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. O ther............................................... Exports of services 1................. Transfers under U.S. military agency sales contracts.......... Travel............................................... Passenger fares........................... Other transportation.................... Royalties and license fe e s ........ Other private services................. Other............................................... Imports of goods and services.......................... Imports of goods 1..................... Foods, feeds, and beverages.... Industrial supplies and materials, except petroleum and products............................ Durable goods......................... Nondurable goods.................. Petroleum and products............. Capital goods, except autom otive................................ Civilian aircraft, engines, and p a rts ...................................... Computers, peripherals, and p a rts ...................................... Other........................................... Automotive vehicles, engines, and parts.................................... Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. O ther............................................... Imports of services 1................. Direct defense expenditures..... Travel............................................... Passenger fares........................... Other transportation.................... Royalties and license fe e s ........ Other private services................. O ther............................................... Addenda: Exports of durable goods........... Exports of nondurable goods.... Exports of agricultural g o o d s 2 Exports of nonagricultural goods.......................................... Imports of durable goods........... Imports of nondurable goods.... Imports of nonpetroleum goods 2008 I II III IV 1 116.586 122.788 118.794 121.397 124.560 126.592 118.601 2 115.062 121.147 117.085 119.916 123.456 125.137 116.082 3 147.582 183.512 193.041 196.142 164.817 4 148.503 162.902 153.764 160.153 170.957 5 151.498 155.509 152.563 157.844 163.036 6 146.653 166.996 154.350 161.369 175.337 176.443 144.056 164.607 136.550 183.065 148.211 7 98.278 98.954 161.062 180.050 98.076 98.410 98.790 99.191 99.427 8 131.606 138.055 133.591 135.724 136.905 138.530 141.061 9 10 11 71.080 97.268 65.060 98.102 105.999 107.317 65.881 97.910 64.124 98.521 62.582 98.713 106.390 106.744 107.184 107.455 107.884 69.745 96.840 67.654 97.263 12 105.231 107.470 106.028 106.761 13 103.620 105.705 103.992 104.782 14 107.233 109.724 108.607 109.256 15 120.698 128.253 123.286 126.673 107.639 105.162 110.847 130.764 107.970 107.510 106.111 106.764 110.317 108.475 132.799 122.777 16 120.211 126.684 122.855 124.932 127.211 130.082 124.510 17 109.910 112.895 111.277 18 117.687 122.940 120.227 19 149.360 165.229 156.826 20 137.793 160.415 144.582 21 119.775 123.519 121.085 22 114.840 117.837 116.587 23 126.772 148.832 131.480 111.868 112.553 113.274 113.885 121.940 159.669 153.404 122.169 117.291 142.119 123.610 161.357 166.021 123.461 117.885 151.672 126.347 174.462 175.746 124.900 118.949 159.815 119.862 165.427 146.487 123.545 117.221 141.723 24 120.168 132.698 124.907 128.722 137.136 140.189 124.747 25 118.326 131.408 123.378 127.427 136.387 139.607 122.209 26 127.179 140.409 131.729 136.193 141.977 145.124 138.342 27 28 29 30 136.387 138.711 133.004 244.422 156.793 152.583 160.244 349.202 31 90.226 91.512 139.737 140.283 138.118 294.251 149.143 163.340 166.465 148.223 144.953 160.575 163.412 141.391 152.649 165.193 168.601 154.535 320.072 397.641 430.013 249.083 92.031 91.444 32 122.958 130.602 125.945 127.586 130.173 131.369 133.278 33 58.552 34 102.305 57.979 56.434 55.893 54.670 103.256 104.058 105.850 106.907 53.810 106.294 55.201 105.777 90.766 90.777 91.795 35 105.022 107.713 106.030 107.118 107.641 107.982 108.109 36 37 38 39 40 41 42 43 44 45 46 47 104.282 100.764 108.380 119.692 142.873 217.715 148.065 159.501 149.398 124.857 122.082 136.640 103.781 100.035 108.175 122.873 137.879 195.861 139.892 168.153 137.585 123.502 120.839 130.419 101.130 98.070 104.641 113.066 129.928 177.523 139.353 134.939 125.798 119.644 116.559 127.079 103.735 100.167 107.900 119.579 139.217 206.650 145.991 155.504 140.716 123.476 120.580 133.623 101.768 98.668 105.327 114.437 132.874 190.629 142.452 138.476 129.000 121.043 117.929 129.518 102.875 99.344 106.995 116.944 135.377 199.134 145.244 141.005 133.055 122.127 118.934 131.890 104.003 100.524 108.050 118.809 140.740 213.891 150.763 153.358 142.827 123.418 120.466 135.544 48 106.408 107.807 106.560 107.529 108.520 49 136.746 155.837 143.992 151.990 162.407 50 148.110 183.355 161.946 180.483 193.981 51 52 53 54 112.617 116.726 101.715 104.841 150.215 184.554 105.809 111.004 113.828 102.510 164.257 107.053 109.130 106.048 166.985 141.967 197.549 161.407 115.619 118.478 120.031 112.776 103.430 105.766 106.289 103.879 174.843 197.803 206.845 158.725 109.126 112.067 112.867 109.956 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to sen/ices. 2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. D-36 National Data April 2009 Table 4.2.5. Exports and Imports of Goods and Services by Type of Product Table 4.2.6. Real Exports and Imports of Goods and Services by Type of Product, Chained Dollars [Billions of dollars] [Billions of chained (200 0) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2007 2008 2007 IV Exports of goods and services.......................... Exports of goods 1.................... Foods, feeds, and beverages.... Industrial supplies and materials.................................... Durable goods......................... Nondurable goods.................. Capital goods, except automotive................................ Civilian aircraft, engines, and p arts...................................... Computers, peripherals, and p arts...................................... O th e r......................................... Automotive vehicles, engines, and parts.................................. Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. O th e r.............................................. 2008 I II Line III 1 1,662.4 1,859.4 1,759.7 1,820.8 1,923.2 1,968.9 1,724.7 1,149.2 84.3 1,283.1 109.7 1,213.7 94.6 1,256.9 109.4 1,343.7 119.7 1,374.3 118.2 1,157.6 91.6 6 303.1 113.9 189.2 368.0 128.0 240.1 325.0 119.8 205.2 347.6 122.3 225.4 395.4 137.8 257.6 416.7 141.6 275.1 110.2 202.1 7 447.4 469.2 468.8 466.2 480.6 487.8 442.1 8 87.3 86.5 96.3 91.3 91.3 91.7 71.5 9 10 45.5 314.6 44.0 338.7 44.5 328.1 43.2 331.7 47.2 342.1 46.5 349.6 39.1 331.5 11 121.0 121.5 125.8 122.4 124.2 131.9 107.4 12 13 14 15 146.1 82.7 63.4 47.3 161.3 90.8 70.4 53.5 150.5 87.5 63.0 48.9 156.9 91.2 65.7 54.4 163.9 94.3 69.6 59.8 169.5 95.7 73.7 50.2 154.8 82.1 72.7 49.4 16 513.2 576.3 546.0 563.9 579.5 594.6 567.1 17 18 19 12.1 111.1 12.8 11.1 106.0 29.0 55.2 87.3 236.2 19.5 11.2 112.1 30.1 60.2 92.6 249.2 20.9 14.8 107.4 28.8 59.7 89.1 243.4 29.9 63.5 91.9 249.0 117.8 33.0 63.6 94.8 254.4 20.8 22.0 20.0 11.4 107.2 28.7 54.1 94.6 250.2 20.9 4 5 312.3 Exports of services 1................ Transfers under U.S. military agency sales contracts......... Travel.............................................. Passenger fares............................ Other transportation................... Royalties and license fees........ Other private services............... O th e r.............................................. 23 14.6 96.7 25.6 51.6 82.6 223.5 18.7 Imports of goods and services.......................... 24 2,370.2 2,528.6 2,456.5 2,526.5 2,641.4 2,676.6 2,269.7 25 26 1,985.2 81.7 2,115.2 88.9 2,060.9 83.7 2,118.0 85.4 2,225.5 90.1 2,251.0 91.7 1,866.1 27 28 29 30 294.4 157.2 137.1 331.0 310.2 157.2 153.0 450.1 292.3 152.6 139.7 396.1 297.5 153.4 144.0 448.7 325.5 164.7 160.8 494.5 337.9 170.8 167.1 525.7 279.7 139.8 140.0 331.7 31 444.5 453.0 453.1 454.4 469.3 464.0 424.3 Imports of goods 1.................... 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 p arts...................................... Computers, peripherals, and p arts...................................... O th e r.......................................... Automotive vehicles, engines, and p arts................................... Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. O th e r.............................................. Imports of services 1................. Direct defense expenditures..... Travel.............................................. Passenger fares........................... Other transportation................... Royalties and license fees........ Other private services............... O th e r.............................................. Addenda: Exports of durable goods......... Exports of nondurable goods... Exports of agricultural goods 2 Exports of nonagricultural goods.......................................... Imports of durable goods........... Imports of nondurable goods.... Imports of nonpetroleum goods 20 21 22 32 34.4 35.4 35.1 37.0 38.1 34.2 88.2 32.3 86.6 33 34 105.2 304.9 100.9 316.8 105.5 312.5 104.2 313.1 109.4 321.9 103.3 326.5 305.5 35 258.9 233.9 260.0 257.3 249.9 232.8 195.5 36 37 38 39 478.5 263.8 214.8 96.2 484.1 265.0 219.1 95.0 484.3 270.6 213.8 91.4 481.4 261.4 40 41 42 43 44 45 46 47 385.1 32.8 76.2 28.5 67.1 25.0 144.4 11.1 413.4 34.9 81.2 33.1 71.7 26.3 154.7 395.6 34.8 78.1 29.5 11.6 68.6 24.0 149.4 11.3 48 49 50 788.7 360.5 92.1 836.2 447.0 119.8 826.4 387.3 51 52 53 54 1,057.1 1,172.5 812.7 1,654.2 1,163.3 1,156.5 958.6 1,665.0 93.4 496.3 276.7 219.6 99.9 502.9 278.7 224.2 95.9 455.8 243.0 212.7 90.9 408.5 35.1 81.3 32.2 71.5 24.8 152.1 11.4 415.9 35.5 81.9 33.0 74.2 25.4 154.3 11.5 425.6 36.1 81.4 33.9 75.3 29.8 157.3 11.7 403.6 33.0 80.1 33.2 65.7 25.0 155.0 11.7 220.0 866.8 476.9 129.8 882.1 492.1 129.9 766.5 391.1 102.8 829.2 427.7 117.8 1,110.9 1,181.9 878.9 1,664.7 1,139.1 1,173.2 944.8 1,669.3 1,213.9 1 ,210.6 1,014.9 1,731.1 1,244.4 1,194.3 1,056.7 1,725.3 1,055.8 1,048.1 818.0 1,534.4 101.8 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. 2008 IV 2 3 2007 2007 2008 IV Exports of goods and services.......................... Exports of goods 1.................... Foods, feeds, and beverages.... Industrial supplies and materials.................................... Durable goods......................... Nondurable goods.................. Capital goods, except automotive................................ Civilian aircraft, engines, and p a rts ...................................... Computers, peripherals, and I II III IV 1 1,425.9 1,514.1 1,482.1 1,500.6 1,544.7 1,556.1 1,454.9 2 998.7 57.1 1,058.5 59.8 1,037.0 58.9 1,048.6 60.9 1,088.9 62.2 1,098.7 60.4 997.7 55.7 204.1 75.2 129.0 225.5 82.2 143.5 211.6 78.5 133.1 217.2 77.5 139.8 231.5 84.5 147.1 236.4 6 150.4 217.0 80.7 136.5 / 455.3 474.1 478.0 473.7 486.4 491.7 444.6 66.3 62.8 72.1 67.3 66.7 66.2 50.7 323.4 345.2 338.7 341.0 349.4 354.8 335.8 3 4 5 8 86.1 M Other........................................... Automotive vehicles, engines, and parts.................................... Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. Other............................................... Exports of services 1................. Transfers under U.S. military agency sales contracts.......... Travel............................................... Passenger fares........................... Other transportation.................... Royalties and license fe e s ........ Other private services................. O ther............................................... Residual.............................................. Imports of goods and services.......................... 10 11 114.2 113.2 118.2 114.7 115.9 122.7 99.6 12 150.1 13 14 15 138.8 79.8 59.1 39.2 147.0 87.1 60.1 43.0 152.3 89.7 62.8 45.8 157.0 90.2 64.2 41.7 142.0 84.2 58.0 39.7 37.8 144.0 76.9 67.0 40.2 16 426.9 455.2 444.7 451.7 455.8 457.4 455.7 17 18 19 10.7 90.4 18.2 37.6 75.0 11.5 13.2 88.2 88.1 23 24 13.3 82.2 17.1 37.4 69.0 194.6 14.7 -9 .8 14.1 -9 .7 18.5 38.2 72.1 202.7 14.9 -9 .2 18.0 38.9 72.9 207.6 14.6 - 8.0 9.9 90.7 18.5 38.2 74.4 211.3 14.5 -8 .5 9.7 93.2 18.9 36.2 75.9 214.0 12.5 - 12.2 89.4 17.3 36.9 76.6 213.5 14.8 -9.1 20 21 22 86.0 211.6 66.8 10.0 2b 1,972.4 1,904.3 1,966.5 1,962.6 1,926.0 1,909.1 1,819.4 Imports of goods 1..................... Foods, feeds, and beverages.... Industrial supplies and materials, except petroleum and products............................. Durable goods......................... Nondurable goods.................. Petroleum and products............. Capital goods, except autom otive................................ Civilian aircraft, engines, and p a rts ...................................... Computers, peripherals, and parts 2.................................... Other........................................... Automotive vehicles, engines, and parts.................................... Consumer goods, except automotive................................ Durable goods......................... Nondurable goods.................. Other............................................... 26 27 1,677.7 64.2 1,608.1 63.3 1,670.2 63.5 1,662.0 62.7 1,631.6 63.4 1,612.2 63.2 1,526.8 63.7 28 29 30 31 215.8 113.3 103.1 135.4 197.6 102.9 95.3 130.0 209.2 108.8 199.3 134.6 199.5 105.8 94.3 140.2 97.3 124.4 203.0 104.5 99.1 122.3 188.7 98.8 90.5 133.2 32 492.6 495.0 499.2 500.6 511.3 504.2 464.0 33 28.0 27.1 27.9 29.0 29.3 26.0 24.2 34 3b 298.0 299.5 302.7 301.0 304.1 305.5 287.4 36 246.5 217.2 245.2 240.2 232.2 215.6 180.9 3/ 38 39 40 473.2 269.0 205.2 85.1 466.6 264.5 203.1 79.5 475.9 274.2 202.9 79.8 467.9 263.2 205.6 79.8 477.2 275.3 203.3 84.1 482.3 276.6 206.8 80.1 439.1 243.0 196.6 74.0 Imports of services 1................. Direct defense expenditures..... Travel............................................... Passenger fares........................... Other transportation.................... Royalties and license fe e s ........ Other private services................. O ther............................................... Residual.............................................. 41 42 43 44 45 46 47 48 49 296.4 18.5 54.7 297.8 18.2 54.8 21.3 53.2 19.8 126.7 8.7 -5 8 .8 301.8 17.6 56.0 22.9 53.7 20.3 127.9 8.7 -5 1 .0 295.5 16.6 54.3 21.5 52.0 297.9 16.6 55.0 53.3 20.9 123.9 8.7 -56.1 297.0 16.9 55.6 21.4 51.0 21.3 128.3 8.7 -6 3 .9 292.8 16.8 57.2 19.8 47.8 128.1 8.5 -8 7 .3 -84.1 128.3 9.0 -3 2 .9 50 51 52 741.2 263.6 62.2 775.3 286.6 65.4 775.5 269.2 63.6 771.2 281.6 65.4 798.8 293.9 67.1 808.4 295.0 65.9 722.8 275.8 63.2 b3 54 55 56 938.6 1,152.7 541.0 1,563.4 995.9 1,102.9 519.5 1,499.6 976.2 1,153.0 534.6 1,555.0 985.5 1,134.3 539.9 1,529.7 1,024.8 1,144.6 512.6 1,544.6 1,037.0 1,123.6 510.4 1,528.5 936.4 1,008.9 514.9 1,395.4 Addenda: Exports of durable goods........... Exports of nondurable goods.... Exports of agricultural goods 3 Exports of nonagricultural goods......................................... Imports of durable goods........... Imports of nondurable goods.... Imports of nonpetroleum goods 21.1 101.1 102.6 20.6 21.2 50.4 23.9 128.9 8.6 20.2 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2. The quantity index for computers can be used to accurately measure the real growth of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 4.2.2. and real growth rates are shown in table 4.2.1. 3. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. N o t e . Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. For exports and for imports, the residual line is the difference between the aggregate line and the sum of the most detailed lines. April 2009 Su r v e y D-37 C u r r e n t B u sin ess of 5. Saving and Investment Table 5.1. Saving and Investment Table 5.3.1. Percent Change From Preceding Period in Real Private Fixed Investment by Type [Billions of dollars] [Percent] Seasonally adjusted at annual rates Line 2007 2008 2007 Seasonally adjusted at annual rates 2008 IV Gross saving......................... 1 2 1,903.6 1,773.6 1,634.6 1,670.5 145.0 403.6 42.4 -4.4 378.7 -168.5 547.9 267.9 -227.5 420.1 139.8 -128.6 530.3 337.4 1,720.5 1,431.1 1,147.0 284.1 289.4 403.4 647.3 277.8 398.6 361.2 644.5 20.6 358.1 515.5 280.0 496.7 280.3 459.1 192.9 122.9 7 -5 1 .2 -4 9 .0 -74.1 -1 0 9 .4 -1 5 4 .0 -9 0 .9 158.1 8 -1 9 2 .7 -7 1 .7 -2 0 9 .2 -4 8 .0 -6 2 .7 - 88.0 - 88.1 0.0 0.0 0.0 0.0 0.0 0.0 -6 0 1 .5 -5 2 1 .5 -80.1 -2 5 8 .6 -2 3 6 .3 -2 2 .3 -383 .1 -3 3 0 .7 -5 2 .4 -7 1 6 .4 -6 4 9 .6 -6 6 .9 -6 4 7 .6 -5 4 4 .0 -1 0 3 .6 -6 5 8 .9 -5 6 1 .5 -9 7 .4 177.6 1,832.3 1,523.1 1,225.0 298.1 309.2 117.9 191.3 1,758.6 1,462.3 1,171.4 290.9 296.3 113.9 182.4 1,778.0 1,477.5 1,186.1 291.4 300.5 115.0 185.5 1,803.1 1,497.4 1,205.6 291.8 305.7 116.9 188.8 1,898.1 1,585.9 1,266.0 320.0 312.1 119.2 192.9 1,850.1 1,531.7 1,242.5 289.2 318.4 120.5 197.9 20 21 1,874.6 2,593.2 1,835.9 2,489.5 1,917.4 2,568.4 1,837.0 2,530.0 1,771.2 2,493.8 1,820.7 2,517.2 1,914.5 2,417.0 22 2,130.4 462.8 1,993.5 496.0 2.4 2,092.3 476.1 2.3 2,056.1 473.9 2.4 2,000.9 492.8 2,010.9 506.3 1,906.1 510.9 1.8 2.6 2.6 2.2 -656.1 9 23 24 -6 .3 -2 1 8 .9 -2 2 9 .3 10.4 111.8 25 -7 2 0 .4 -6 5 3 .3 -6 9 5 .4 -7 2 5 .2 -699.1 -5 0 4 .8 Statistical discrepancy........ 26 -81.4 135.8 13.9 63.4 136.6 150.2 193.0 Addenda: Gross private saving...................... Gross government saving............. Federal......................................... State and local............................ Net domestic investment.............. 27 28 29 30 31 1,885.6 70.4 -1 1 7 .5 187.9 872.7 1,992.4 -2 9 2 .3 -4 0 3 .5 1,856.2 -8 2 .6 -2 1 5 .8 133.1 752.0 2,045.3 -4 1 0 .7 -5 3 2 .7 657.2 1,865.9 37.7 -1 2 2 .4 160.1 809.8 690.7 2,006.0 -3 3 5 .5 -4 2 4 .8 89.3 619.2 2,062.0 -3 4 0 .5 -4 4 1 .0 100.4 566.9 Gross saving as a percentage of gross national income..... 32 14.0 11.9 13.4 12.5 11.5 11.6 12.2 Net saving as a percentage of gross national income 33 1.7 -0.9 1.0 0.0 -1.2 -1.6 -0.9 111.2 122.0 1. Consists of capital transfers and the acquisition and disposal of nonproduced nonfinancial assets. 2007 2008 2007 2008 IV I II III IV -5.0 -6.2 -1.7 -5.3 -22.0 4.9 1.6 3.4 -5.6 2.4 2.5 -1.7 -21.7 12.7 8.3 14.1 23.1 11.2 -0 .3 39.4 14.7 8.5 18.5 9.7 0.2 49.5 16.2 8.6 - 3 .6 13.0 23.2 - 8.8 16.5 6.8 -9.4 -2 1 .9 10.5 - 2.0 9.3 19.3 17.1 13.0 -8 .4 13.2 15.5 12.8 31.6 17.3 45.3 1.9 2.4 -17.1 9 1.7 -3.0 1.0 -0.6 -5.0 -7.5 -28.1 10 9.6 4.7 10.5 7.2 8.0 -4 .2 - 22.8 11 12 17.9 0.2 0.8 - 12.6 -5 .2 -1 4 .0 -1 2 .5 13.0 -3 .6 -4 6 .6 -3 .2 -20.8 -13.3 20 21 22 -18.1 -2 5 .8 -2 7 .4 - 12.8 - 5 .3 -21.0 -32.1 -3 6 .5 - 4 .9 - 6.6 -27.3 -3 9 .8 -4 2 .8 -1 7 .7 - 8.2 -25.1 -25.4 -4 0 .8 -4 6 .2 - 1.1 - 3 .6 -2 2 .4 -4 .4 5.3 - 8.8 -4 4 .7 18.0 -16.0 -3 8 .7 -1 3 .3 -26.1 -1 4 .7 -7 0 .0 -2 3 .0 -17.9 19.3 9.9 7.3 -1 4 .3 -1 5 .2 6.3 -27.0 13.0 5.4 1.4 6.5 4.8 3.7 -4 .2 -2 8 .6 - 1 .4 16.1 9.9 13 14 15 16 17 -13.7 -2 3 .2 -3 0 .7 24.7 -3 .1 -16.0 -2 4 .2 -3 0 .4 7.8 -7 .6 -22.9 -3 8 .0 -4 2 .2 -1 9 .3 -7 .1 23 -1.4 -3.8 -2.5 -4.9 8.0 -17.4 -16.0 24 -7 .1 - 6.8 -1 2 .5 -1 0 .4 1.6 -3 .1 -1 5 .6 25 1.7 -3 .0 0.9 - 0.6 -4 .9 -7 .6 -2 8 .0 26 27 28 -6 .3 12.7 -1 8 .4 -5 .8 -1 1 .5 8.5 -2 7 .5 - 10.1 8.5 -2 6 .9 2.1 - 21.2 18.3 -1 4 .7 - 2.6 9.6 -1 6 .9 -1 5 .0 -9 .4 - 22.6 1,721.5 -132.3 469.3 191.4 13 14 15 16 17 18 19 Gross domestic investment, capital account transactions, and net lending, NIPAs.................. Gross domestic investment.............. Gross private domestic investment.................................... Gross government investment..... Capital account transactions (net) 1 Net lending or net borrowing (-), NIPAs.................................................. IV 1,700.0 Consumption of fixed capital...... Private................................................ Domestic business.................... Households and institutions.... Government...................................... F ederal......................................... State and local............................ 6 III 235.6 454.5 57.4 10 11 12 5 II 1,956.0 Net saving.................................... Net private saving........................... Personal saving.......................... Undistributed corporate profits with inventory valuation and capital consumption adjustments............................ Undistributed profits............. Inventory valuation adjustment.......................... Capital consumption adjustment.......................... W age accruals less disbursements........................ Net government saving.................. Federal......................................... State and local............................ 3 4 I Line 1 2 -3.1 Structures.............................. Commercial and health care Manufacturing.......................... Power and communication.... Mining exploration, shafts, and wells............................... Other structures 1 ................... 3 4 5 Equipment and software....... Information processing equipment and softw are... Computers and peripheral equipment........................ Software 2............................ O th e r 3.................................. Industrial equipm ent.............. Transportation equipment..... Other equipm ent 4.................. Private fixed investment.... Nonresidential........................... Residential................................. Structures.............................. Permanent site......................... Single fam ily........................ Multifamily............................ Other structures 5................... Equipment............................. Addenda: Private fixed investment in structures.................................. Private fixed investment in equipment and softw are....... Private fixed investment in new structures 6............................... Nonresidential structures...... Residential structures............ 6 7 8 18 19 10.0 11.2 8.8 136.1 0.5 2.1 -22.8 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers' commissions on the sale of structures. 2. Excludes software “embedded," or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. D-38 National Data Table 5.3.2. Contributions to Percent Change in Real Private Fixed Investment by Type April 2009 Table 5.3.3. Real Private Fixed Investment by Type, Quantity Indexes [Index num bers, 2000= 100] Seasonally adjusted Seasonally adjusted at annual rates Line 2007 2008 2007 IV Line 2008 I II III 1 -3 .1 - 5 .0 - 6.2 -5 .6 - 1 .7 - 5 .3 - 22.0 Percentage points at annual rates: Nonresidential........................... 2 3.20 1.12 2.40 1.77 1.84 -1 .2 7 -16.71 Structures.............................. Commercial and health care Manufacturing.......................... Power and communication... Mining exploration, shafts, and w ells.............................. Other structures ' ................... Equipment and software....... Information processing equipment and software... Computers and peripheral equipm ent....................... S oftw are 2 ........................... O th e r 3.................................. Industrial equipment.............. Transportation equipment..... Other equipm ent 4.................. 3 4 5 2.43 0.59 0.18 0.52 2.55 -0 .0 3 0.62 0.43 1.94 0.72 0.67 0.47 2.04 -0 .3 2 4.36 2.50 -0 .8 0 0.37 0.24 -2 .5 0 -1 .9 8 0.28 -0 .0 7 0.96 0.57 -0 .4 9 0.58 2.60 8 0.46 0.67 9 0.78 -1 .4 3 0.46 10 2.10 1.14 11 12 0.70 0.94 0.47 1.02 1.07 0.63 -1.31 -1 .1 6 0.49 0.02 1.20 0.07 -1 .0 4 -1 .0 7 6 / 0.02 0.22 1.79 0.70 0.02 0.84 0.59 -0 .2 7 1.72 0.81 0.10 0.19 -0.91 -2 .5 2 -3 .7 8 -14.21 2.44 1.77 2.01 - 1.12 -6 .0 4 0.78 0.68 0.56 0.24 -0 .3 2 -3 .9 5 -0 .2 6 -1 .1 3 -0 .5 2 0.53 -0.81 -3.21 1.37 -1 .8 0 -1 .5 0 -2 .7 4 -1 .2 6 -4 .8 9 - 2.02 13 14 15 16 -1 .0 3 -0.41 0.30 0.51 0.34 -0 .3 7 -2 .0 9 - 0.11 Residential................................. 17 -6 .2 5 -6 .0 8 -8 .5 9 -7 .4 0 -3 .5 3 -4 .0 5 -5 .2 5 Structures.............................. Permanent s ite ........................ Single family........................ Multifamily............................ Other structures 5................... 18 19 20 21 22 -6 .2 5 -5 .5 6 -5 .2 4 -0 .3 2 -0 .6 9 -6 .0 6 -5 .2 4 -5 .1 3 - 0.11 -0 .8 2 -8 .5 8 -7 .5 6 -7 .1 6 -0.41 - 1.02 -7 .3 8 -6 .9 4 -6 .9 2 - 0.02 -0 .4 4 -3 .5 7 -3 .1 9 -3 .6 6 0.47 -0 .3 8 -3 .9 7 -3 .0 3 -3 .2 0 0.17 -0 .9 4 -5 .1 8 -4 .3 9 -3 .9 7 -0 .4 2 -0 .7 9 Equipment.............................. 23 - 0.01 - 0.02 - 0.01 - 0.02 0.03 -0 .0 8 -0 .0 7 Addenda: Private fixed investment in structures................................... Private fixed investment in equipment and software....... Private fixed investment in new structures 6............................... Nonresidential structures...... Residential structures............ 0.12 24 -3 .8 2 -3.51 -6 .6 4 -5 .3 4 0.80 -1 .4 7 -7 .6 7 25 0.77 -1 .4 4 0.45 -0 .2 9 -2 .4 9 -3 .8 6 -1 4 .2 8 26 27 28 -3 .0 9 2.42 -5.51 -2 .7 6 2.53 -5 .2 9 -5.61 1.94 -7 .5 4 -4 .8 5 - 6.86 0.99 4.33 -3 .3 4 -1 .1 4 2.48 -3 .6 3 -6 .9 0 -2 .5 0 -4 .4 0 2.02 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational struc tures, net purchases of used structures, and brokers' commissions on the sale of structures. 2. Excludes software “embedded," or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers' commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 2008 2007 IV Private fixed investment.... Percent change at annual rate: Private fixed investment.... 2007 IV Nonresidential........................... Structures.............................. Commercial and health care Manufacturing.......................... Power and communication.... Mining exploration, shafts, and wells............................... Other structures 1 ................... 2008 I II III IV 1 107.717 102.375 106.503 104.969 104.522 103.102 96.907 2 112.244 114.069 114.819 115.504 116.212 115.714 108.847 3 4 5 97.264 87.048 75.083 92.881 108.180 86.797 104.671 106.508 102.076 89.911 83.763 100.294 104.206 89.086 86.364 105.666 108.716 89.133 107.059 105.804 111.257 87.099 107.551 108.543 81.869 114.039 107.009 163.896 8 95.505 9 117.412 191.904 107.895 113.939 167.155 102.543 173.291 105.677 185.600 109.978 203.757 110.490 204.968 105.434 118.636 118.470 116.961 114.709 105.616 6 7 111.222 Equipment and software....... Information processing equipment and softw are... Computers and peripheral equipment........................ Software 2............................ O th e r 3.................................. Industrial equipm ent.............. Transportation equipm ent..... Other equipm ent 4.................. 10 139.842 146.477 144.914 147.465 150.324 148.727 139.394 11 12 13 14 15 16 230.472 134.548 114.710 97.805 86.683 113.095 245.458 140.988 118.992 93.709 61.933 111.517 245.331 139.131 117.627 96.179 81.981 115.475 254.682 142.463 117.698 96.369 78.949 111.679 262.580 143.201 121.342 95.494 67.497 110.767 246.464 141.617 122.931 93.311 58.204 115.457 218.104 136.672 113.997 89.664 43.082 108.163 Residential................................. 17 101.534 80.436 92.110 85.698 82.692 79.154 74.201 Structures.............................. Permanent site......................... Single fam ily........................ Multifamily............................. Other structures 5................... 18 19 20 21 22 101.216 93.247 90.399 117.306 114.250 79.919 63.283 57.433 111.558 106.707 91.686 80.509 77.259 107.728 109.882 85.216 70.609 66.172 107.427 108.883 78.634 61.683 55.132 115.667 105.916 73.683 54.732 48.062 109.627 103.987 Equipment.............................. 23 128.580 123.664 127.738 126.133 82.144 66.108 60.369 113.512 108.043 128.573 122.582 117.368 Addenda: Private fixed investment in structures.................................. Private fixed investment in equipment and softw are....... Private fixed investment in new structures 6............................... Nonresidential structures...... Residential structures............ 24 100.474 93.621 97.315 94.690 95.063 94.327 90.404 25 117.501 114.017 118.708 118.530 117.055 114.771 105.711 26 27 28 98.988 97.241 98.884 93.267 108.100 77.930 96.681 102.046 90.146 94.142 104.159 83.356 94.638 108.637 80.114 94.021 111.163 76.502 90.267 108.443 71.748 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational struc tures, net purchases of used structures, and brokers' commissions on the sale of structures. 2. Excludes software “embedded,” or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industiV machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers' commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. April 2009 Sur v ey of D-39 C u r r e n t B usin ess Table 5.3.4. Price Indexes for Private Fixed Investment by Type Table 5.3.5. Private Fixed Investment by Type [Index numbers, 2000=100] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted Line 2007 2008 2007 IV Private fixed investment.... Nonresidential............................ Structures.............................. Commercial and health care Manufacturing.......................... Power and comm unication... Mining exploration, shafts, and w ells.............................. Other structures 1 ................... Line 2008 I II III 3 4 5 157.662 145.646 138.106 6 143.206 163.298 150.290 145.257 152.463 159.138 160.182 161.496 147.712 148.729 149.067 140.011 141.573 142.078 145.296 146.941 149.897 164.285 167.229 150.169 153.193 145.475 151.902 154.762 158.251 7 273.096 141.870 263.966 140.532 269.548 141.296 277.090 142.169 Private fixed investment.... Nonresidential............................ Structures.............................. Commercial and health care Manufacturing.......................... Power and communication.... Mining exploration, shafts, and wells............................... Other structures 1 ................... 9 94.870 95.485 95.101 95.710 96.431 10 79.170 78.219 78.586 78.245 78.370 78.293 77.967 11 12 13 14 15 16 40.062 95.888 90.278 115.968 112.762 113.222 35.967 96.820 90.930 112.881 116.771 38.391 96.147 90.047 117.484 112.519 113.933 37.024 96.339 90.345 118.620 111.871 114.175 36.297 96.976 90.863 120.525 111.849 114.579 35.608 97.196 91.160 122.615 112.692 116.616 34.940 96.767 91.353 122.685 115.113 121.714 Equipment and software....... Information processing equipment and softw are... Computers and peripheral equipment........................ Software 2............................ O th e r 3.................................. Industrial equipm ent.............. Transportation equipment..... Other equipm ent 4.................. Residential................................ 17 138.884 135.587 138.803 137.900 136.687 135.535 132.226 Structures............................. Permanent s ite ........................ Single fam ily........................ Multifamily........................... Other structures 5................... 18 19 139.508 142.989 20 142.573 21 145.435 22 134.056 136.130 139.431 137.116 142.608 136.529 141.997 140.223 145.839 133.263 134.368 138.512 140.827 140.224 144.018 134.364 137.276 138.467 137.874 141.605 134.220 136.061 136.207 135.624 139.293 133.968 132.669 132.964 132.394 135.977 130.502 Equipment.............................. 23 101.054 100.461 100.246 101.678 101.829 Addenda: Private fixed investment in structures.................................. Private fixed investment in equipment and software....... Private fixed investment in new structures 6............................... Nonresidential structures...... Residential structures............ 100.892 121.111 100.635 280.525 143.036 24 145.566 146.431 146.147 146.120 146.097 146.842 146.667 25 94.921 95.533 94.848 94.750 95.145 95.761 96.477 26 27 28 147.387 158.055 141.150 148.716 163.745 137.989 148.083 159.549 141.173 148.062 160.603 140.117 148.255 161.927 139.124 149.270 164.739 138.138 149.275 167.712 134.576 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational struc tures, net purchases of used structures, and brokers’ commissions on the sale of structures. 2. Excludes software “embedded," or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 2007 2008 IV 265.221 140.978 94.798 94.700 Equipment and software....... Information processing equipment and software... Computers and peripheral equipm ent....................... Software 2 ........................... O th e r 3.................................. Industrial equipment.............. Transportation equipment..... Other equipm ent 4.................. 2008 IV 1 117.995 118.727 118.189 118.117 118.353 119.037 119.400 2 108.739 110.513 109.015 109.177 109.788 110.913 112.174 265.158 8 138.742 2007 I II IV III 1 2 2,134.0 2,040.5 2,113.4 2,081.7 2,077.0 2,060.6 1,942.7 1,503.8 1,542.1 6 68.2 549.8 182.7 48.4 74.2 1,581.2 572.4 179.9 51.5 77.9 1,504.3 480.3 174.4 33.0 62.3 1,553.6 522.7 182.2 38.9 72.6 1,571.9 3 4 5 1,552.8 553.4 179.3 48.4 76.0 ! 8 118.1 92.6 142.7 106.9 120.0 100.6 125.0 104.0 136.1 108.5 153.5 109.7 156.4 105.3 508.7 182.6 37.3 568.4 172.5 55.1 79.2 9 1,023.5 999.4 1,033.4 1,030.9 1,022.1 1,008.8 935.8 10 517.7 535.8 532.5 539.6 550.9 544.5 508.2 11 12 89.8 240.5 205.5 180.6 95.7 235.6 95.8 241.8 13 14 15 ( 16 93.7 227.3 196.8 180.6 157.2 168.0 201.2 202.0 170.8 179.9 148.4 172.6 182.0 142.1 167.3 96.8 244.6 209.5 183.2 121.4 166.5 89.2 242.5 212.9 182.2 105.5 176.6 77.4 233.0 197.8 175.1 79.8 172.7 Residential................................. 17 630.2 487.7 571.3 528.1 505.0 Structures.............................. Permanent site......................... Single fam ily........................ Multifamily............................ Other structures 5................... 18 19 20 21 22 620.7 353.4 305.2 48.2 267.3 478.5 230.3 186.1 44.2 248.2 561.8 304.2 259.8 44.4 257.6 518.7 263.4 219.7 43.7 255.3 495.6 242.5 197.1 45.4 253.1 Equipment............................. 23 9.5 9.2 9.5 9.3 24 1,100.9 1,031.9 1,070.5 25 1,033.1 1,008.6 1,042.9 26 27 28 1,017.1 479.7 537.4 966.9 552.6 414.3 998.1 508.2 489.9 Addenda: Private fixed investment in structures.................................. Private fixed investment in equipment and softw are....... Private fixed investment in new structures 6............................... Nonresidential structures...... Residential structures............ 112.2 479.4 438.4 470.2 177.1 45.5 247.6 429.6 192.8 150.7 42.1 236.8 9.5 9.2 8.8 1,041.5 1,045.4 1,042.6 998.0 1,040.2 1,031.6 1,018.0 944.6 971.7 522.1 449.6 978.1 549.1 429.0 978.4 571.6 406.8 939.3 567.7 371.7 222.6 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational struc tures, net purchases of used structures, and brokers’ commissions on the sale of structures. 2. Excludes software “embedded," or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers' commissions on the sale of structures. D-40 National Data April 2009 Table 5.3.6. Real Private Fixed Investment by Type, Chained Dollars Table 5.6.5B. Change in Private Inventories by Industry [Billions of chained (200 0) dollars] [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 Seasonally adjusted at annual rates 2008 Line IV Private fixed investment.... Nonresidential........................... Structures.............................. Commercial and health care Manufacturing.......................... Power and communication... Mining exploration, shafts, and w ells............................. Other structures 1 ................... I II III 1,762.4 1,754.9 1,731.1 1,425.7 1,627.0 339.9 1 2 1,808.5 1,382.9 1,718.9 1,405.4 1,414.7 1,423.1 1,431.8 3 4 5 304.6 119.7 23.9 43.5 338.8 119.4 33.3 49.9 319.7 123.7 26.6 46.9 326.4 122.5 27.5 49.5 340.5 34.0 49.5 348.4 119.8 35.4 50.3 8 44.5 66.7 52.1 75.4 45.4 71.6 50.4 76.8 55.4 77.2 55.7 73.7 9 1,078.9 1,047.0 1,090.1 47.1 73.8 1,088.6 1,074.7 1,054.0 970.5 10 653.9 685.0 677.6 689.6 702.9 695.5 651.8 6 7 122.6 1,341.1 112.6 36.3 50.1 Equipment and software....... Information processing equipment and software... Computers and peripheral equipm ent 2.................... Software 3 ........................... O th e r 4.................................. Industrial equipment.............. Transportation equipment..... Other equipm ent 5.................. 13 14 15 16 Residential................................. 17 453.8 359.5 411.6 383.0 369.6 353.7 331.6 Structures.............................. Permanent s ite ........................ Single family........................ Multifamily........................... Other structures 6................... 18 19 20 21 22 444.9 247.1 214.1 33.1 199.4 351.3 167.7 136.0 31.5 186.2 403.0 213.4 182.9 30.4 191.7 374.6 187.1 156.7 30.4 190.0 361.1 175.2 142.9 32.1 188.5 345.6 163.5 130.5 32.7 184.8 323.9 145.1 113.8 31.0 181.5 Equipment.............................. R esidual............................................. 23 24 9.5 -7 8 .2 9.1 -9 2 .6 9.4 -9 4 .4 9.3 -1 0 4 .3 9.5 -1 0 6 .6 9.0 -9 0 .8 8.6 -6 8 .9 25 756.3 704.7 732.5 712.8 715.6 710.0 680.5 26 1,088.4 1,056.1 1,099.5 1,097.9 1,084.2 1,063.1 979.1 27 28 29 690.1 303.5 380.7 650.2 337.4 300.0 674.0 318.5 347.1 656.3 325.1 320.9 659.8 339.1 308.4 655.5 347.0 294.5 629.3 338.5 276.2 Addenda: Private fixed investment in structures................................... Private fixed investment in equipment and software....... Private fixed investment in new structures 7............................... Nonresidential structures...... Residential structures............ 11 12 237.0 218.0 155.7 139.4 148.4 248.4 226.1 149.2 99.6 146.3 245.1 223.5 153.1 131.9 151.5 251.0 223.6 153.4 127.0 146.5 252.3 230.6 152.0 108.6 145.3 249.5 233.6 148.6 93.6 151.5 240.8 216.6 142.8 69.3 141.9 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 2. The quantity index for computers can be used to accurately measure the real growth rate of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 5.3.2 and real growth rates are shown in table 5.3.1. 3. Excludes software “embedded,” or bundled, in computers and other equipment. 4. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 5. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 6. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers' commissions on the sale of residential structures. 7. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. Note. Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. 2008 IV 1,788.2 2007 2007 2008 IV Change in private inventories...................... Farm..................................................... Mining, utilities, and construction Manufacturing.................................... Durable goods industries........... Nondurable goods industries.... Wholesale trade................................ Durable goods industries........... Nondurable goods industries .... Retail tra d e ........................................ Motor vehicle and parts dealers Food and beverage stores........ General merchandise stores..... Other retail stores........................ Other industries................................ Addenda: Change in private inventories... Durable goods industries...... Nondurable goods industries Nonfarm industries....................... Nonfarm change in book value 1 .................................. Nonfarm inventory valuation adjustm ent 2 ........................ Wholesale trade........................... Merchant wholesale trade..... Durable goods industries Nondurable goods industries......................... Nonmerchant wholesale tra d e ...................................... 1 2 -3.6 3 4 5 - 1.1 -4 .9 - 0.2 -4 .7 3.6 -1 .7 5.4 - 6.2 - 8.6 0.9 -0 .5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 1.6 -47.0 - 2 .4 -1 4 .0 -1 2 .3 6.8 -19.1 - 1.0 5.7 - 6.6 -1 7 .2 - 6 .9 I -21.1 5.7 -7 .7 3.0 16.9 -1 4 .0 - 2.0 3.9 -5 .9 -2 2 .4 -2 6 .6 0.6 1.0 3.3 -2 .4 - 8 .5 - 0.1 - 1.1 4.3 2.3 -3 .6 - 10.2 6.5 -5 .2 -4 7 .0 - 9 .0 -3 8 .0 -4 4 .6 -1 4 .9 -2 6 .7 2.0 - 21.1 -€.1 II -25.6 0.2 -1 5 .4 18.1 3.9 14.2 - 8.0 6.4 -1 4 .4 - 20.8 -1 0 .4 0.4 -3 .1 - 7 .7 0.3 -2 5 .6 -7 .2 -1 8 .4 -2 5 .8 III -76.0 -4.1 -1 4 .4 -3 7 .2 -1 9 .7 -1 7 .5 IV -49.7 -4 .2 -1 5 .0 -3 8 .7 - 8.2 -3 0 .6 5.6 23.6 -1 8 .0 4.0 5.2 -36.6 -1 .5 - 11.1 8.6 -4 .2 - 0.8 -1 .5 -1 .3 51.2 -4 2 .5 -3 .6 - 10.0 6.5 -3 3 .9 -9.1 - 0.2 -5 .8 -1 8 .7 4.9 -7 6 .0 -4 3 .9 -32.1 -7 1 .9 -4 9 .7 10.9 -6 0 .5 -4 5 .5 -3 6 .6 4.3 -4 0 .8 -3 5 .0 2.1 2.8 -0 .7 -1 8 .3 -13.1 0.8 0.1 - 6.2 1.2 20 54.4 10.6 60.6 111.0 124.9 51.2 -2 4 4 .7 21 22 -5 9 .6 3.6 5.9 - 1.2 -5 5 .2 - 1.0 -8 7 .3 - 2.0 -1 9 6 .8 -9 6 .7 5.6 209.7 -3 .6 8.6 11.6 2.2 3.2 -1 3 6 .8 - 8.0 - 2.1 14.6 23 24 2.1 12.8 11.6 21.6 2.2 29.0 -8 .9 25 7.1 -2 .9 - 1.0 -1 6 .7 1.2 -7 .4 11.2 26 -2 .3 -9 .6 -4 .2 -5 .9 -1 0 .7 -1 6 .0 -5 .8 1. This series is derived from the Census Bureau series “current cost inventories." 2. The inventory valuation adjustment (IVA) shown in this table differs from the IVA that adjusts business incomes. The IVA in this table reflects the mix of methods (such as first-in, first-out and last-in, first-out) underlying inventories derived primarily from Census Bureau statistics (see footnote 1). This mix differs from that underlying business income derived primarily from Internal Revenue Service statistics. N o t e . Estimates in this table are based on the North American Industry Classification System (NAICS). Table 5.6.6B. Real Change in Private Inventories by Industry, Chained Dollars [Billions of chained (200 0) dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 IV Change in private inventories...................... Farm..................................................... Mining, utilities, and construction Manufacturing.................................... Durable goods industries........... Nondurable goods industries .... Wholesale trade................................ Durable goods industries........... Nondurable goods industries.... Retail tra d e ........................................ Motor vehicle and parts dealers Food and beverage stores........ General merchandise stores..... Other retail stores........................ Other industries................................ Residual.............................................. Addenda: Change in private inventories ... Durable goods industries...... Nondurable goods industries Nonfarm industries....................... Wholesale trade........................... Merchant wholesale trade..... Durable goods industries Nondurable goods industries......................... Nonmerchant wholesale tra d e ...................................... 1 2 -2.5 3 4 5 - 0.6 - 3 .5 6 - 3 .2 3.2 -1 .5 4.0 -5 .6 - 8.6 0.7 - 0 .4 2008 I II III IV 3.0 1.3 -29.0 3.6 - 8.0 -9 .6 5.6 -1 3 .5 -0 .3 4.7 -3 .6 -1 4 .8 - 6.8 0.4 - 2.1 - € .7 0.3 -2 .9 23 -2 .5 - 8 .7 5.3 - 3 .7 3.2 5.2 - 1.0 -2 9 .0 -7 .2 - 20.6 -3 4 .3 -0 .3 7.4 9.7 2.9 12.8 24 5.5 - 1.0 - 0 .7 -1 0 .3 0.8 -4 .6 10.1 25 - 1.8 - 6.8 -3 .2 -4.1 -7 .4 - 10.2 -5 .4 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 1.0 0.0 1.8 -8.1 10.5 -5 .0 2.9 13.8 -9 .1 - 1 .5 3.5 -4 .2 - 20.2 -2 6 .6 0.8 - 1.0 3.9 2.1 3.2 - 8.1 - 5 .2 - 3 .2 - 20.6 -1 .5 2.0 -10.2 6.0 -9 .4 13.7 3.0 9.7 -5 .1 5.6 -8 .4 -1 8 .5 -1 0 .3 0.3 - 2.8 -6 .5 0.3 2.3 - 10.2 - 6.1 -4 .3 -1 7 .9 -5 .1 -0 .5 -50.6 2.4 - 8.0 -2 6 .0 -1 4 .4 -1 1 .3 1.0 2.3 - 0.8 -1 6 .0 -1 3 .0 0.6 0.1 -5.1 -3 .4 0.0 -5 0 .6 -36.1 -1 6 .9 -55.1 1.0 9.6 9.8 -29.6 - 8.0 -2 5 .6 -5 .7 -1 8 .0 4.2 19.7 - 10.8 3.5 5.1 0.9 -0 .7 - 1.2 - 1.0 - 12.1 -25.8 3.7 - 6.6 -0 .7 39.7 -3 4 .5 -1 .5 - 8.8 5.6 -2 8 .2 -9.1 - 0.2 -5 .1 -1 4 .0 5.4 -1 .9 -2 9 .6 9.3 -3 4 .3 -3 3 .3 4.2 16.2 24.1 -2 5 .8 3.9 -2 7 .0 -31.1 -1 .5 4.4 -7 .7 2.2 N o t e . Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (2000) dollar series for real change in private inventories are calculated as the period-to-period change in chained-dollar end-of-period inventories. Quarterly changes in end-of-period inventories are stated at annual rates. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chaineddollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. April 2009 Su r v ey of D-41 C u r r e n t B u sin ess Table 5.7.5B. Private Inventories and Domestic Final Sales by Industry [Billions of dollars] Table 5.7.6B. Real Private Inventories and Real Domestic Final Sales by Industry, Chained Dollars [Billions of chained (200 0) dollars] Seasonally adjusted quarterly totals Line 2007 IV Private inventories 1.......................................... F arm ........................................................................................... Mining, utilities, and construction........................................ Manufacturing........................................................................... Durable goods industries.................................................. Nondurable goods industries........................................... Wholesale trade....................................................................... Durable goods industries.................................................. Nondurable goods industries.......................................... Retail trad e ............................................................................... Motor vehicle and parts dealers..................................... Food and beverage stores............................................... General merchandise stores.......................................... Other retail stores............................................................... Other industries....................................................................... Seasonally adjusted quarterly totals 2008 I II III 91.5 628.7 356.9 271.8 511.9 278.8 233.1 517.0 152.6 42.1 81.0 241.2 147.8 95.2 661.9 373.4 288.5 531.2 286.6 244.5 518.4 150.8 43.2 81.6 242.9 151.4 103.5 697.2 389.9 307.3 552.3 295.3 256.9 522.4 147.9 44.6 82.8 247.1 153.9 98.9 677.8 387.4 290.4 546.4 302.5 243.9 527.0 149.7 45.3 83.5 248.4 156.7 80.7 600.5 367.9 232.6 499.3 288.0 211.4 506.7 145.8 44.2 81.7 235.0 152.0 2,178.2 927.0 1,251.2 1,958.0 531.2 456.9 254.4 202.5 74.3 2,264.4 949.7 1,314.7 2,029.3 552.3 475.5 264.5 23 24 2,088.0 904.4 1,183.6 1,896.8 511.9 439.1 245.2 193.9 72.8 76.8 2,233.8 956.7 1,277.1 2,006.8 546.4 476.1 272.8 203.3 70.3 2,041.6 909.6 1,132.1 1,839.2 499.3 443.5 259.6 183.9 55.8 Final sales of domestic business2.................. 25 800.9 804.1 813.7 814.4 797.4 Final sales of goods and structures of domestic business 2..................................... 26 477.6 476.4 481.1 479.2 460.9 Addenda: Private inventories.............................................................. Durable goods industries............................................. Nondurable goods industries...................................... Nonfarm industries............................................................ Wholesale tra d e ................................................................. Merchant wholesale trad e........................................... Durable goods industries........................................ Nondurable goods industries................................. Nonmerchant wholesale trade................................... Ratios of private inventories to final sales of domestic business: Private inventories to final sales..................................... Nonfarm inventories to final s a le s ................................. Nonfarm inventories to final sales of goods and structures......................................................................... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 211.0 27 28 2.61 2.37 2.71 2.44 2.78 2.49 2.74 2.46 2.56 2.31 29 3.97 4.11 4.22 4.19 3.99 1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories calculated from currentdollar inventories in this table is not the current-dollar change in private inventories component of GDP. The former is the difference between two inventory stocks, each valued at its 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, the change in private inventories is stated at annual rates. 2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross output of general government, gross value added of nonprofit institutions, compensation paid to domestic workers, and space rent for owner-occupied housing. It includes a small amount of final sales by farm and by government enterprises. N o t e . Estimates in this table are based on the North American Industry Classification System (NAICS). Table 5.7.9B. Implicit Price Deflators for Private Inventories by Industry [Index numbers, 2 0 0 0 =1 0 0 ] Seasonally adjusted Line 2007 IV Private inventories 1.......................................... F arm ........................................................................................... Mining, utilities, and construction........................................ Manufacturing........................................................................... Durable goods industries.................................................. Nondurable goods industries.......................................... Wholesale trade....................................................................... Durable goods industries.................................................. Nondurable goods industries.......................................... Retail trad e............................................................................... Motor vehicle and parts dealers..................................... Food and beverage stores............................................... General merchandise stores........................................... Other retail stores............................................................... Other industries....................................................................... Addenda: Private inventories............................................................. Durable goods industries............................................. Nondurable goods industries...................................... Nonfarm industries............................................................ Wholesale tra d e ................................................................. Merchant wholesale trad e........................................... Durable goods industries........................................ Nondurable goods industries................................. Nonmerchant wholesale trade.................................... 2008 I II III 164.593 141.740 130.063 160.029 132.696 115.925 158.996 112.258 100.562 129.248 112.391 118.560 118.630 185.324 151.408 137.523 173.197 137.889 119.176 167.290 114.119 100.856 132.804 114.066 121.357 121.371 183.703 149.268 137.343 167.903 136.069 119.684 161.660 114.900 16 17 18 19 132.316 117.709 145.562 129.077 132.696 130.449 116.338 153.162 147.483 138.617 121.997 153.697 135.001 137.889 134.838 119.620 159.365 158.353 137.369 122.529 150.821 134.250 136.069 133.482 20 21 22 23 24 126.644 114.630 137.519 124.674 127.474 125.316 113.778 143.859 141.673 101.212 133.924 115.354 122.215 123.845 154.770 132.281 125.972 141.546 124.452 114.935 138.785 112.199 100.075 130.966 114.844 117.624 118.847 126.047 116.343 134.761 123.678 124.452 123.955 120.111 115.290 154.883 137.441 153.079 125.210 1. Implicit price deflators are as of the end of the quarter and are consistent with inventory stocks. Estimates in this table are based on the North American Industry Classification System (NAICS). No te. IV 1 126.644 132.316 138.617 137.369 126.047 2 149.068 169.647 180.322 173.373 153.495 3 152.031 4 135.620 5 124.625 6 152.835 7 127.474 8 113.402 9 149.499 10 110.842 11 100.057 12 126.304 13 110.609 14 116.847 15 115.881 Line IV 1 2,088.0 2,178.2 2,264.4 2,233.8 2,041.6 2 191.2 220.2 235.1 202.4 227.0 2007 IV 2008 I II III IV 1,648.7 128.3 60.2 3 4 463.6 5 286.4 177.8 6 7 401.5 8 245.8 9 155.9 466.4 10 11 152.5 12 33.3 13 73.3 14 206.5 15 127.5 1.2 16 1,646.2 129.8 57.8 467.0 287.1 180.3 400.3 247.2 153.8 461.8 149.9 33.4 72.6 204.8 127.6 1.9 1,633.6 130.4 55.8 460.5 283.5 177.5 400.5 247.8 153.6 457.8 146.7 33.6 72.6 203.6 126.8 1.7 1,626.2 130.9 53.8 454.1 282.1 173.0 401.6 252.7 150.9 458.7 147.9 33.8 72.4 203.3 126.5 - 1.1 1,619.7 131.9 52.2 453.9 292.0 164.3 401.2 250.5 152.3 451.6 145.7 33.8 71.2 199.8 127.9 -1 .9 17 18 19 1,646.2 787.5 859.6 1,516.9 400.3 350.2 218.7 132.2 50.4 1,633.6 778.5 855.4 1,503.2 400.5 352.6 23 24 25 1,648.7 789.0 860.7 1,521.4 401.5 350.4 215.5 134.8 51.4 132.4 48.5 1,626.2 780.8 846.8 1,494.8 401.6 356.7 227.1 131.3 45.9 1,619.7 781.8 840.0 1,487.1 401.2 357.8 225.2 133.8 44.6 Final sales of domestic business 2.................. 26 693.1 693.4 702.8 696.1 678.5 Final sales of goods and structures of domestic business 2..................................... 27 428.4 426.5 435.3 429.2 408.9 28 29 2.38 2.20 2.37 2.19 2.32 2.14 2.34 2.15 2.39 2.19 30 3.55 3.56 3.45 3.48 3.64 Private inventories 1......................................... Farm........................................................................................... Mining, utilities, and construction....................................... Manufacturing......................................................................... Durable goods industries................................................. Nondurable goods industries......................................... Wholesale trade...................................................................... Durable goods industries................................................. Nondurable goods industries......................................... Retail tra d e .............................................................................. Motor vehicle and parts dealers..................................... Food and beverage stores.............................................. General merchandise stores........................................... Other retail stores............................................................. Other industries...................................................................... Residual.................................................................................... Addenda: Private inventories............................................................ Durable goods industries............................................ Nondurable goods industries..................................... Nonfarm industries............................................................ Wholesale trade................................................................. Merchant wholesale trade.......................................... Durable goods industries....................................... Nondurable goods industries................................ Nonmerchant wholesale trade.................................. Ratios of private inventories to final sales of domestic business: Private inventories to final s a le s ........................................ Nonfarm inventories to final sales...................................... Nonfarm inventories to final sales of goods and structures............................................................................. 1 2 20 21 22 221.1 1. Inventories are as of the end of the quarter. The quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the change in private 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 output of general government, gross value added of nonprofit institutions, compensation paid to domestic workers, and space rent for owner-occupied housing. It includes a small amount of final sales by farm and by government enterprises. N o t e . Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (2000) dollar inventory series are calculated to ensure that the chained (2000) dollar change in inventories for 2000 equals the current-dollar change in inventories for 2000 and that the average of the 1999 and 2000 end-of-year chain-weighted and fixed-weighted inventories are equal. D-42 National Data April 2009 6. Income and Employment by Industry Table 6.1 D. National Income Without Capital Consumption Adjustment by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2008 2007 12,362.4 12,349.1 12,528.4 12,347.7 12,379.0 12,433.7 12,236.2 12,260.0 12,215.9 12,363.0 12,209.5 12,265.1 12,306.9 12,082.2 10,806.5 117.4 204.9 216.3 563.5 1,489.6 839.8 649.8 765.2 908.0 361.5 463.4 2,193.0 1,717.3 1,060.1 449.9 296.4 10,688.3 106.8 231.5 216.3 519.3 1,414.5 779.8 634.7 755.3 870.4 342.0 465.8 2,121.3 1,771.8 1,118.6 453.2 301.4 10,884.5 121.4 212.5 224.3 541.5 1,475.4 845.1 630.3 754.6 907.9 359.2 485.1 2 ,200.2 1,743.4 1 , 101.1 455.6 302.5 10,708.7 113.5 216.3 207.1 527.4 1,419.7 800.0 619.8 723.8 892.8 343.8 465.9 2,165.9 1,788.9 1,096.9 446.7 299.8 10,745.6 10,767.8 104.0 242.7 219.5 516.0 1,448.9 780.7 10,531.2 99.5 241.1 1,453.6 1,527.6 1,478.5 1,500.7 102.4 133.2 165.4 138.2 2008 IV National income without capital consumption adjustment............................................... Domestic industries.......................................................................................................................... Private industries.......................................................................................................................... Agriculture, forestry, fishing, and hunting...................................................................................................... M ining............ Utilities........... Construction.. Manufacturing Durable goods.................................................................................................................................................. Nondurable goods........................................................................................................................................... Wholesale trad e..................... Retail trade............................... Transportation and warehousing Information............................... Finance, insurance, real estate, rental, and leasing................................................................................... Professional and business services 1 Educational services, health care, and social assistance......................................................................... Arts, entertainment, recreation, accommodation, and food services.................................................... Other services, except government............................................................................................................... Government................................................................................................................................... Rest of the world............................................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 I II III 110.1 226.1 218.5 522.9 1,397.2 769.4 627.9 739.5 877.6 342.0 478.0 2,175.2 1,786.0 1,110.9 459.3 302.3 IV 220.2 776.3 866.9 342.1 469.9 2,095.4 1,806.8 1,119.4 457.3 302.6 510.7 1,392.4 769.3 623.1 781.6 844.3 339.9 449.4 2,048.9 1,705.5 1,147.4 449.7 300.8 1,519.5 1,539.1 1,551.0 113.9 126.8 153.9 668.2 1. Consists of professional, scientific, and technical services; management of companies and enterprises; and administrative and waste management services. N o t e . Estimates in this table are based on the 1997 North American Industry Classification System (NAICS). Table 6.16D. Corporate Profits by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2007 2008 IV Corporate profits with inventory valuation and capital consumption adjustments............. Domestic industries.......................................................................................................................... F inan cial 1 .......... Nonfinancial...... Rest of the world. Receipts from the rest of the w orld..................................................................................................................... Less: Payments to the rest of the w orld............................................................................................................. Corporate profits with inventory valuation adjustment.......................................................... 1 2 3 4 5 6 7 8 9 Domestic industries.......................................................................................................................... Financial........................... Federal Reserve banks Other financial 2 ........ Nonfinancial............................................................................................................................................................... Utilities.................................................................................................................................................................... Manufacturing....................................................................................................................................................... Durable goods.................................................................................................................................................. Fabricated metal products...................................................................................................................... M achinery.................................................................................................................................................... Computer and electronic products........................................................................................................ Electrical equipment, appliances, and components......................................................................... Motor vehicles, bodies and trailers, and p a rts ................................................................................... Other durable goods 3 .............................................................................................................................. Nondurable goods........................................................................................................................................... Food and beverage and tobacco products.......................................................................................... Petroleum and coal products.................................................................................................................. Chemical products..................................................................................................................................... Other nondurable goods 4 ...................................................................................................................... Wholesale trad e................................................................................................................................................... Retail trade............................................................................................................................................................. Transportation and warehousing..................................................................................................................... Information............................................................................................................................................................. Other nonfinancial 5............................................................................................................................................ 23 24 25 26 27 28 29 30 31 32 Rest of the world................................................................................................................................ 33 10 11 12 13 14 15 16 17 18 19 20 21 22 2008 I II III IV 1,642.4 1,476.5 1,611.1 1,593.5 1,533.3 1,514.8 1,264.5 1,297.8 429.7 1,090.0 301.9 788.0 1,189.7 370.3 819.5 1,195.1 407.6 787.4 1,159.8 376.6 783.2 1,136.4 301.1 835.3 868.6 122.4 746.2 386.6 539.4 152.8 1,548.2 1,161.7 308.9 35.5 273.4 852.7 54.6 239.8 69.0 16.5 18.9 421.3 553.1 131.8 1,820.2 1,398.9 392.4 36.5 355.9 1,006.5 63.2 292.1 128.3 373.5 565.7 192.2 1,596.0 1,222.5 383.2 31.0 352.2 839.3 56.7 214.9 54.2 15.1 14.8 8.1 6.1 378.4 555.3 176.9 1,602.8 1,224.4 308.8 34.4 274.3 915.6 59.1 272.6 68.4 14.7 12.3 4.0 5.6 - 20.2 52.0 204.2 40.8 92.0 70.8 395.9 479.8 83.9 1,352.6 956.7 130.9 41.0 89.9 825.8 56.3 231.2 67.9 17.2 29.2 7.6 132.3 42.7 103.0 284.9 -2 3 .9 43.3 170.8 37.7 61.3 66.4 5.4 76.5 91.7 24.7 101.9 263.7 15.4 11.5 -7 .7 64.3 163.8 38.7 33.6 73.8 17.8 80.2 124.5 37.7 117.9 290.9 398.5 556.8 158.3 1,641.5 1,243.1 412.8 35.8 377.1 830.2 46.2 240.5 85.5 18.9 19.2 14.4 6.9 -1 9 .9 46.1 155.0 34.8 48.8 60.2 344.7 386.6 421.3 868.1 344.7 509.2 164.5 1,835.1 1,490.5 449.9 37.7 412.2 1,040.6 58.5 316.6 127.4 21.7 22.3 13.5 10.9 -5 .9 64.9 189.3 38.5 66.9 66.4 17.5 102.6 22.8 22.0 6.6 24.4 106.0 252.0 5.9 -2 7 .4 39.3 160.7 40.9 36.6 78.5 4.7 59.4 92.7 24.8 115.0 275.8 398.5 373.5 11.1 49.2 112.0 6.2 25.2 103.8 276.6 -2 8 .0 35.8 163.3 34.2 67.7 56.1 5.3 105.2 75.8 24.4 82.6 250.4 378.4 395.9 0.6 92.1 86.2 1. Consists of finance and insurance and bank and other holding companies. 2. Consists of credit intermediation and related activities; securities, commodity contracts, and other financial investments and related activities; insurance carriers and related activities; funds, trusts, and other finan cial vehicles; and bank and other holding companies. 3. Consists of wood products; nonmetallic mineral products; primary metals; other transportation equipment; furniture and related products; and miscellaneous manufacturing. 4. Consists of textile mills and textile product mills; apparel; leather and allied products; paper products; printing and related support activities; and plastics and rubber products. 5. Consists of agriculture, forestry, fishing, and hunting; mining; construction; real estate and rental and leasing; professional, scientific, and technical services; administrative and waste management services; educa tional services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except government. N o t e . Estimates in this table are based on the 1997 North American Industry Classification System (NAICS). April 2009 Su r v e y of D-43 C u r r e n t B u sin ess 7. Supplemental Tables Table 7.1. Selected Per Capita Product and Income Series in Current and Chained Dollars Table 7.2.1 B. Percent Change from Preceding Period in Real Motor Vehicle Output [Dollars] [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2007 2008 2007 Line 2008 IV Current dollars: Gross domestic product............ Gross national product.............. Personal income.......................... Disposable personal incom e.... Personal consumption expenditures............................. Durable goods......................... Nondurable goods.................. Services.................................... Chained (2000) dollars: Gross domestic product............ Gross national product.............. Disposable personal incom e.... Personal consumption expenditures............................ Durable goods......................... Nondurable goods...:............. S ervices.................................... Population (midperiod, thousands) 1 2 3 4 5 6 7 8 9 10 11 12 I II III 45,760 46,100 38,654 33,706 46,842 47,279 39,742 34,946 46,328 46,874 39,199 34,179 46,626 47,081 39,409 34,351 47,001 47,376 39,957 35,531 47,275 47,691 39,920 35,096 46,464 46,968 39,682 34,805 32,181 3,589 9,389 19,203 33,028 3,360 9,737 19,931 32,664 3,576 9,596 19,492 32,957 3,529 9,722 19,705 33,335 3,483 9,951 19,901 33,337 3,333 9,986 20,017 32,484 3,096 9,289 20,099 38,192 38,476 28,648 38,262 38,624 28,741 38,369 38,824 28,670 38,372 38,751 28,560 38,561 38,872 29,234 38,418 38,762 28,525 37,701 38,115 28,644 27,164 27,399 27,401 27,427 27,095 26,734 27,351 13 4,117 3,903 4,129 3,871 3,627 4,076 4,039 14 7,929 7,810 7,925 7,901 7,794 7,586 7,960 15 15,398 15,481 15,440 15,500 15,494 15,453 15,475 16 301,737 304,529 302,865 303,498 304,128 304,872 305,619 2007 2008 2007 IV IV Motor vehicle output..... Auto output..................... Truck output.................... Final sales of domestic product Personal consumption expenditures...................... New motor vehicles................. Autos...................................... Light trucks (including utility vehicles)................ Net purchases of used autos and used light trucks.......... Used au to s.......................... Used light trucks (including utility vehicles)............... 1 2 3 4 -1 4 .2 -3 .9 - 20.2 -3 3 .8 -7 .0 -4 8 .0 7.3 13.9 2.2 -6 2 .8 -6 7 .8 -58.1 0.0 -1 7 .8 4.5 -1 8 .8 -3 5 .9 -1 5 .5 -54.1 0.0 6.1 5 2.1 6 7 0.9 -3 .8 -1 4 .9 -1 9 .3 -1 0 .7 25.5 -1 1 .9 -2 0 .9 -1 0 .4 -2 3 .0 -2 5 .3 23.4 -2 8 .9 -3 5 .0 -5 3 .6 -4 1 .7 -5 0 .3 -5 8 .3 8 4.7 -2 5 .5 - 6 .3 -2 8 .4 -5 3 .0 -9 .6 -4 2 .0 9 4.6 - 1.2 -6 .3 - 9 .2 - 10.8 - 11.2 8.1 9.3 -1 8 .8 -1 9 .3 -1 7 .0 -2 3 .8 -2 4 .4 -3 5 .8 10 11 12 10.2 - 3 .6 -1 0 .4 7.2 -1 8 .4 - 10.6 -1 3 .3 13 14 15 -1 5 .6 -6 .7 2.4 - 11.1 -32.1 - 21.2 -1 4 .3 -2 5 .0 - 8.6 -1 1 .4 - 6.8 -1 4 .0 -2 3 .3 -1 7 .0 -17.1 -1 7 .0 -56.1 -3 6 .3 -1 4 .8 -4 6 .7 -4 0 .2 -2 3 .3 -1 2 .7 -2 9 .8 -80.1 -6 3 .4 -6 9 .2 -5 8 .8 16 17 -0 .3 -3 6 .7 -2 5 .7 -23.1 -1 6 .2 -3 .8 -1 5 .4 -2 3 .5 -5 5 .4 5.0 -3 0 .5 -2 7 .2 -6 9 .2 - 6.6 18 19 13.5 7.9 - 2.8 -0 .9 -1 5 .8 -2 1 .5 -5 .9 13.6 6.6 7.3 2.5 8.9 -3 3 .6 -4 2 .0 20 19.0 -4 .4 - 10.6 -2 0 .3 6.0 -3.1 -2 4 .8 21 22 2.3 0.5 23 2.8 - 1 .7 -5 .1 - 0.8 -1 5 .0 91.5 -3 1 .5 -1 7 .8 -3 1 .0 -1 3 .5 -2 5 .4 -4 1 .5 - 20.2 16.6 44.3 9.8 -2 9 .7 - 0.6 -3 6 .7 7.3 17.6 - 3 .9 22.6 31.9 12.7 - 11.1 - 0.1 - 21.6 - 11.1 -1 6 .4 -5 .5 -1 0 .9 6.4 -2 8 .3 - 2.8 7.4 - 12.1 4.7 10.7 -2 .7 -7 .8 -3 .5 - 12.1 52.4 55.1 48.8 -3 3 .8 5.0 -6 1 .8 -6 2 .6 -6 2 .8 -6 2 .4 -5 3 .2 -3 5 .5 -7 0 .8 -1 8 .8 - 2.8 -1 5 .0 -3 2 .3 -3 0 .0 -5 2 .0 - 21.0 -2 .7 - 10.8 -1 2 .4 4.3 -1 .3 -16.1 - 0.8 - 20.2 -4 0 .8 -2 3 .7 42.5 - 22.6 53.3 -4 2 .7 -6 9 .2 -6 2 .8 -5 9 .0 22.7 32.0 14.0 - 2.6 - 1.6 -3 .6 42 -3 .0 43 44 45 0.8 U s e d ........................................... Addenda: Final sales of motor vehicles to domestic purchasers.............. Private fixed investment in new autos and new light trucks.... Domestic output of new a u to s 2 Sales of imported new autos 3 IV -2 5 .7 -9.1 -3 4 .3 ?4 25 26 27 28 29 30 31 Domestic............................... III -1 7 .7 -7 .0 -2 4 .0 Gross government investment......................... Autos........................................... Trucks.... Change in private inventories ... Autos............................................... II - 1.1 - 1.8 -0 .7 Private fixed investment........ New motor vehicles................. Autos...................................... Trucks.................................... Light trucks (including utility vehicles)........... Other................................. Net purchases of used autos and used light trucks.......... Used au to s.......................... Used light trucks (including utility vehicles)............... Net exports Exports.. Autos.. Trucks Imports... Autos.. Trucks................................... 2008 I V 33 34 3S 3fi 37 38 39 40 41 -3 .3 3.2 1. Consists of used light trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of personal consumption expenditures, private fixed investment, and gross government investment. D-44 April 2009 National Data Table 7.2.3B. Real Motor Vehicle Output, Quantity Indexes Table 7.2.4B. Price Indexes for Motor Vehicle Output [Index numbers, 20 0 0 = 1 0 0 ] [Index numbers, 20 0 0 = 1 0 0 ] Seasonally adjusted Line 2007 2008 2007 IV Motor vehicle output...... Auto output...................... Truck output..................... Final sales of domestic product Personal consumption expenditures....................... New motor vehicles................. Autos...................................... Light trucks (including utility vehicles)................. Net purchases of used autos and used light trucks.......... Used autos........................... Used light trucks (including utility vehicles)................. Private fixed investment........ New motor vehicles................. Autos...................................... Trucks..................................... Light trucks (including utility vehicles)............ O ther................................. Net purchases of used autos and used light trucks......... Used autos........................... Used light trucks (including utility vehicles)................. Gross government investment A utos........................................... Trucks.......................................... 1 113.904 2 100.871 Seasonally adjusted 2008 I II Line III 95.654 97.957 93.809 97.343 101.190 94.325 76.043 76.203 75.884 Motor vehicle output...... Auto output...................... Truck output..................... 1 2 Final sales of domestic product 3 123.268 4 119.594 98.252 119.686 113.613 101.676 97.481 80.236 115.840 6 118.554 7 101.340 98.565 114.675 95.703 117.140 90.469 102.650 111.109 104.072 110.459 102.699 99.882 105.272 95.563 92.224 86.899 83.515 77.430 69.823 8 134.736 100.327 130.655 120.174 99.477 97.008 84.647 9 103.698 84.079 109.937 90.717 112.107 92.747 106.417 87.913 101.564 82.140 94.705 73.514 10 110.623 92.577 11 132.777 127.958 133.561 135.897 129.162 125.594 121.181 12 100.189 68.062 96.734 90.513 73.668 64.795 43.272 Addenda: Final sales of motor vehicles to domestic purchasers.............. Private fixed investment in new autos and new light trucks..... Domestic output of new autos 2 Sales of imported new autos 3 95.413 97.100 94.318 94.710 97.528 92.839 94.312 99.248 90.854 92.648 97.373 89.339 4 96.659 94.310 96.268 95.406 94.770 94.321 92.742 95.456 94.021 96.668 94.905 93.634 96.803 94.454 93.295 97.668 92.100 91.839 96.435 fa 95.863 94.607 97.214 94.229 93.197 96.894 95.957 94.475 97.061 8 92.723 90.340 92.604 92.103 91.257 89.818 88.181 9 98.447 100.575 96.472 100.545 99.003 101.109 98.408 101.066 97.550 101.429 96.895 93.036 97.015 6 7 10 102.668 11 96.282 93.959 92.720 96.855 95.812 91.793 89.318 12 107.595 106.662 106.983 106.086 105.746 106.184 108.631 126.830 128.680 127.667 118.871 124.238 129.097 98.039 107.459 134.017 137.199 118.225 107.308 122.395 Gross government investment Autos............................................ Trucks......................................... 23 109.162 110.081 109.439 109.993 109.907 109.828 110.598 200.684 253.095 156.410 83.689 97.157 68.317 Net exports............................. Exports....................................... Autos....................................... Trucks..................................... Im ports....................................... Autos....................................... Trucks..................................... ?4 2b 26 27 28 29 30 108.926 106.099 111.676 106.226 104.763 107.765 110.098 106.780 113.433 108.366 106.899 110.038 109.345 106.398 112.179 107.253 105.978 108.596 109.530 106.493 112.478 107.879 106.905 108.914 109.864 106.598 113.128 108.198 107.039 109.431 110.158 106.661 113.745 108.700 107.211 110.335 110.840 107.370 114.380 108.686 106.443 111.471 Change in private inventories.... 31 3? 33 34 35 36 37 38 ,39 40 41 42 98.471 97.002 98.398 97.845 97.379 97.121 95.665 43 44 45 94.612 98.814 97.215 93.149 98.829 96.896 94.478 98.831 97.063 94.020 98.497 96.669 93.590 98.604 96.805 93.226 99.222 97.669 91.763 98.991 96.442 82.994 86.170 80.894 64.575 64.208 64.821 16 17 127.170 77.587 94.450 59.642 126.311 65.964 121.135 61.695 98.968 62.455 90.360 57.695 67.337 56.722 18 19 115.249 101.215 112.062 100.271 114.881 97.983 113.153 101.164 114.972 102.955 115.682 105.170 104.440 91.795 20 131.278 21 128.541 22 111.978 134.864 213.573 244.559 187.144 115.740 105.268 128.049 229.181 287.665 179.757 102.876 105.179 100.389 235.045 278.792 197.894 115.292 106.143 126.080 228.382 283.120 182.075 114.477 108.056 122.092 231.004 290.385 180.825 112.172 107.101 118.212 256.654 324.062 199.716 101.167 108.403 92.935 33 34 35 36 37 38 39 40 41 Domestic................................ Foreign.................................... U sed ............................................ 42 112.677 91.525 111.247 106.813 96.893 88.624 73.772 43 44 45 112.884 90.459 124.797 89.207 87.978 111.372 112.564 93.127 123.901 107.726 92.936 117.123 94.476 86.855 127.964 88.602 96.644 111.330 66.023 75.478 89.070 1. Consists of used light trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of personal consumption expenditures, private fixed investment, and gross government investment. 3 96.322 98.079 95.185 133.665 112.084 141.795 88.679 89.136 88.362 W Dom estic............................... IV 94.271 97.812 91.838 134.225 99.266 92.789 103.433 31 Dom estic............................... III 96.738 98.795 95.425 140.382 122.991 147.035 104.012 97.240 108.369 Change in private inventories.... II 125.512 83.878 83.076 84.377 ?4 25 26 27 28 29 30 Personal consumption expenditures....................... New motor vehicles................. Autos....................................... Light trucks (including utility vehicles)................. Net purchases of used autos and used light trucks........... Used au to s ........................... Used light trucks (including utility vehicles)................. 2008 I 126.306 106.222 133.852 106.460 96.977 112.570 23 2007 Private fixed investment......... New motor vehicles................. Autos....................................... Trucks..................................... Light trucks (including utility vehicles)............ Other.................................. Net purchases of used autos and used light trucks........... Used autos........................... Used light trucks (including utility vehicles)................. 13 14 15 Net exports.............................. Exports....................................... Autos...................................... Trucks..................................... Imports....................................... A utos...................................... Trucks..................................... 2008 IV 106.030 99.746 110.483 93.768 110.163 93.774 100.751 93.625 116.888 5 2007 IV Addenda: Final sales of motor vehicles to domestic purchasers.............. Private fixed investment in new autos and new light trucks..... Domestic output of new autos 2 Sales of imported new autos 3 13 14 15 97.801 97.214 98.205 96.784 96.891 96.714 97.751 97.061 98.210 97.452 96.667 97.967 97.096 96.800 97.307 96.823 97.659 96.268 95.763 96.439 95.314 16 17 92.726 116.038 90.365 118.783 92.605 116.693 92.103 117.870 91.258 118.175 89.887 118.653 120.434 18 19 85.319 86.343 84.879 85.441 86.054 87.056 86.526 87.321 86.160 86.716 85.228 85.553 81.603 82.173 88.211 20 84.324 84.297 85.079 85.730 85.581 84.860 81.017 21 107.837 108.929 107.959 108.444 109.020 109.165 109.086 22 103.554 105.276 103.091 103.354 106.225 107.142 104.381 1. Consists of used light trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of personal consumption expenditures, private fixed investment, and gross government investment. April 2009 Su r v e y of D-45 C u r r e n t B u sin ess Table 7.2.5B. Motor Vehicle Output Table 7.2.6B. Real Motor Vehicle Output, Chained Dollars [Billions of dollars] [Billions of chained (2 0 0 0 ) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2007 2008 2007 IV Motor vehicle output...... Auto output....................... Truck output..................... 1 2 Final sales of domestic product Personal consumption expenditures....................... New motor vehicles................. Autos...................................... Light trucks (including utility vehicles)................. Net purchases of used autos and used light trucks......... Used autos........................... Used light trucks (including utility vehicles)................. Private fixed investment........ New motor vehicles................. Autos...................................... Trucks..................................... Light trucks (including utility vehicles)............ O th e r................................. Net purchases of used autos and used light trucks.......... Used autos........................... Used light trucks (including utility vehicles)................. I II 257.2 222.1 384.2 341.5 325.9 368.5 146.4 3 387.1 149.3 237.8 4 409.7 328.8 408.4 6 361.5 240.3 102.0 302.7 191.3 90.8 358.2 237.1 103.2 345.2 222.5 7 100.0 321.5 206.0 105.6 a 138.3 100.5 133.9 122.5 9 121.2 121.1 10 56.5 111.4 51.3 122.7 56.9 11 12 1 2 144.9 Motor vehicle output...... Auto output...................... Truck output..................... 263.7 Final sales of domestic product 112.2 293.8 184.3 87.9 250.4 152.3 69.7 100.5 96.4 82.6 115.5 54.1 109.5 51.1 98.0 43.3 64.7 60.1 65.4 65.9 61.4 58.3 54.8 13 14 15 127.5 201.3 72.0 129.3 85.7 157.1 61.5 95.6 122.4 196.6 72.1 124.5 113.6 187.1 68.5 118.6 92.1 166.5 65.9 100.6 81.4 155.4 64.3 91.1 55.6 119.6 47.3 72.3 16 17 101.5 27.8 73.7 21.9 100.7 23.8 96.0 22.5 77.7 22.9 69.9 51.1 21.2 21.2 18 19 -7 3 .9 -3 4 .8 -7 1 .5 -3 4 .2 -7 4 .2 -3 4 .0 -7 3 .5 -3 5 .2 -7 4 .4 -3 5 .6 -7 4 .0 -3 5 .9 -6 4 .0 -30.1 Personal consumption expenditures...................... New motor vehicles.................. Autos....................................... Light trucks (including utility vehicles)................. Net purchases of used autos and used light trucks........... Used au to s........................... Used light trucks (including utility vehicles)................. 345.5 284.4 361.7 236.7 103.5 338.7 109.0 311.1 197.6 90.0 271.8 165.9 72.3 144.6 133.0 110.1 107.4 93.7 122.3 55.0 124.7 56.3 118.4 53.3 113.0 49.8 105.4 44.6 424.2 402.7 377.1 254.0 105.0 320.8 205.0 93.7 373.3 251.0 106.3 b 149.1 111.0 9 123.1 56.1 115.4 51.0 6 10 65.4 63.5 61.3 87.1 171.5 121.0 103.4 76.6 160.5 65.8 94.6 51.2 124.9 49.0 75.8 16 17 109.5 24.0 81.3 18.4 108.7 20.4 104.3 19.1 85.2 19.3 77.8 17.8 58.0 17.5 18 19 - 86.6 -4 0 .3 -8 4 .2 -4 0 .0 -8 6 .3 -39.1 -8 5 .0 -4 0 .3 -8 6 .4 -4 1 .0 -8 6 .9 -4 1 .9 -7 8 .4 -3 6 .6 20 21 22 -4 6 .3 -4 4 .2 -4 7 .3 -4 4 .7 -4 5 .4 -4 5 .0 -4 1 .9 15.9 3.8 15.6 3.6 12.0 12.0 16.0 3.7 12.3 14.6 3.7 12.1 16.6 3.8 12.7 15.4 3.3 23 17.4 4.2 13.2 Net exports............................. Exports....................................... Autos....................................... Trucks..................................... Imports........................................ Autos....................................... Trucks..................................... 24 25 26 27 28 29 30 -92.2 55.8 29.9 26.0 148.0 73.1 74.8 -71.6 59.9 35.2 25.0 131.5 73.0 58.7 -86.0 61.4 34.1 27.5 147.4 73.7 73.7 -86.7 59.7 34.6 25.3 146.3 75.0 71.3 -83.1 60.4 35.5 25.1 143.4 74.3 69.1 -62.3 67.1 39.6 27.7 129.3 75.2 54.3 -54.6 52.4 31.0 21.7 107.0 67.4 39.9 Change in private inventories.... Autos................................................ New.............................................. Domestic................................ Foreign................................... U s e d ............................................ Trucks............................................... New .............................................. Domestic................................ Foreign................................... Used 1......................................... Residual............................................... 31 32 33 34 35 36 37 38 39 40 41 42 -7.5 -4 .5 -3 .2 -2 .4 - 0.8 - 1.2 -3.1 -2 .7 - 2.0 -0 .7 -0 .3 -6.3 -15.3 -4 .6 - 2.1 -5 .2 - 0.6 4.1 1.2 -10.9 -7 .7 -4.1 -3 .5 - 0.6 - 3 .7 -3 .4 -2 .7 -4 .3 1.7 - 0.6 3.6 8.1 19.5 18.4 14.7 3.8 - 0.2 -9 .7 0.8 -21.3 - 10.6 -7 .7 -6 .5 -1 .3 -2 .7 - 10.6 - 10.2 -6 .9 -3 .3 0.4 0.3 1.5 6.7 -7.1 17.6 17.2 15.6 1.7 - 1.1 -2 2 .3 - 20.1 -1 1 .5 - 8 .7 - 0 .7 4.2 43 514.0 417.5 507.4 487.2 442.0 404.3 336.5 44 45 46 183.4 100.0 144.9 97.2 93.4 182.9 102.9 103.9 175.0 102.7 98.2 153.5 96.0 107,3 143.9 106.8 93.4 107.3 83.4 74.7 -3 8 .3 -3 8 .8 -3 8 .2 -3 3 .9 17.9 4.0 14.0 16.8 3.6 13.2 17.4 3.9 13.5 16.0 3.8 Gross government investment Autos............................................ Trucks......................................... 23 18.8 4.3 14.4 Net exports............................. Exports....................................... Autos...................................... Trucks..................................... Imports....................................... A utos...................................... Trucks..................................... 24 25 26 27 28 29 30 -96.4 60.8 31.7 29.0 157.2 76.6 80.6 -76.6 65.9 37.6 28.3 142.5 78.1 64.4 -90.9 67.1 36.3 30.8 158.1 78.1 80.0 -92.5 65.3 36.9 28.4 157.9 80.2 77.7 -88.9 66.3 37.9 28.4 155.2 79.6 75.6 -66.7 73.8 42.3 31.6 140.6 80.7 59.9 -58.2 58.1 33.2 24.9 116.3 71.8 44.5 Change in private inventories.... A utos............................................... N e w ............................................. Domestic............................... Foreign.................................. U sed............................................ Trucks.............................................. N e w ............................................. Dom estic............................... Foreign.................................. Used 1 ........................................ 31 32 33 34 35 36 37 38 39 40 41 -7.5 -4 .2 -3 .2 -2 .3 - 0.8 - 1.1 -3 .3 -3 .0 -2 .3 - 0.8 -0 .3 -6.4 5.9 7.6 5.5 -15.7 -4 .4 - 2.1 -5 .1 3.0 -2 .4 -1 1 .3 -9 .1 -1 1 .3 -11.2 -7 .3 -4 .1 - 3 .4 - 0.6 -3 .3 -3 .8 -3 .3 -5 .1 7.6 18.8 19.0 14.9 4.0 - 0.2 -6.6 16.7 17.6 15.8 -1 .7 -1 2 .4 -1 1 .9 -1 2 .7 0.9 -0 .5 -21.2 - 10.1 -7 .7 -6 .3 - 1 .4 -2 .4 - 11.1 -1 1 .5 -7 .9 -3 .5 0.3 - 11.1 -1 2 .4 - 21.1 2.2 1.8 8.6 - 2.1 - 0.6 1.3 -0 .9 -2 3 .3 -2 2 .7 -1 3 .5 -9 .2 - 0.6 42 506.1 405.4 499.3 476.7 430.4 392.6 321.9 172.8 164.5 101.8 101.2 100.9 95.0 143.6 94.8 103.9 134.2 106.0 91.2 98.4 82.6 72.0 Addenda: Final sales of motor vehicles to domestic purchasers............... Private fixed investment in new autos and new light trucks..... Domestic output of new autos 2 Sales of imported new autos 3 11 12 220.0 68.8 -4 0 .2 360.4 348.2 107.0 192.0 70.9 17.0 3.8 13.2 1. Consists of used light trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of personal consumption expenditures, private fixed investment, and gross government investment. 200.6 200.2 67.6 -3 7 .3 135.2 96.2 90.5 7 IV 277.5 115.1 162.3 349.1 148.0 114.4 17.2 4.0 13.2 173.5 98.8 101.7 5 III 355.3 152.9 201.7 387.0 150.7 236.3 64.7 -3 9 .0 43 44 45 423.9 II I 402.1 152.2 250.0 80.5 162.2 63.5 98.7 21 22 1.8 4 342.2 141.7 67.2 20 12.1 3 415.7 152.4 263.6 2008 118.5 205.9 74.1 131.7 Gross government investment........................... A utos.......................................... Trucks......................................... Addenda: Final sales of motor vehicles to domestic purchasers.............. Private fixed investment in new autos and new light trucks..... Domestic output of new a u to s 2 Sales of imported new autos 3 2007 13 14 15 Private fixed investment......... New motor vehicles.................. Autos....................................... Trucks..................................... Light trucks (including utility vehicles)............ Other.................................. Net purchases of used autos and used light trucks........... Used au to s ........................... Used light trucks (including utility vehicles)................ 2.1 2008 IV 333.5 151.8 181.7 322.4 138.7 183.7 55.6 2007 IV III 330.4 144.5 185.9 402.2 150.6 251.6 b Line 2008 104.7 6.2 7.4 5.4 1.9 -1 .9 -1 1 .4 - 10.2 - 11.0 0.8 201.1 74.3 126.8 2.8 -2 .7 -1 0 .3 -7 .8 -9 .8 2.1 -2 .4 68.1 - 10.2 -1 8 .2 8.0 11.0 1. Consists of used light trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of personal consumption expenditures, private fixed investment, and gross government investment. N o t e . Chained (2000) dollar series are calculated as the product of the chain-type quantity index and the 2000 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines, excluding the lines in the addenda. D-46 April 2009 B. NIPA-Related Table Table B.l presents the most recent estimates of personal income and its disposition. These estimates were released on March 27, 2009. Table B.1 Personal Income and Its Disposition [Billions of dollars; monthly estim ates seasonally adjusted at annual rates] 2008 2007 2009 2008r Jan. Feb. March April May June July Aug. Sept. O c t.r Nov.' D ec/ Jan/ Feb. p Personal income.................................................................. 11,663.2 12,102.6 11,930.0 11,952.4 11,999.0 12,003.1 12,219.8 12,233.6 12,139.9 12,179.8 12,191.4 12,178.9 12,122.1 12,081.6 12,102.1 12,073.0 Compensation of employees, received.......................................... 7,818.6 8,055.1 7,984.6 8,005.2 8,039.4 8,018.1 8,033.1 8,049.3 8,072.3 8,104.2 8,102.3 8,106.6 8,089.7 8,056.0 8,053.2 8,029.7 Wage and salary disbursements 6,362.0 6,550.1 6,495.4 6,513.0 6,545.7 6,519.1 6,530.9 6,543.8 6,563.5 6,592.2 6,589.8 6,591.7 6,574.8 6,541.8 6,529.0 6,503.0 5,286.7 5,420.6 5,389.7 5,402.9 5,432.2 5,401.1 5,407.3 5,415.4 5,429.2 5,453.6 5,447.7 5,447.0 5,427.8 5,393.5 5,366.4 5,336.5 Private industries............ 1,205.4 1,209.0 1,216.0 1,215.9 1 ,221.2 1,211.3 1,212.4 1,214.6 1,213.0 1,214.0 1,208.0 1,205.4 1,197.0 1,179.4 1,165.1 Goods-producing industries 1,152.5 741.4 742.6 738.9 Manufacturing............. 746.0 747.9 747.2 750.0 744.5 744.9 745.6 745.3 737.5 731.7 721.3 710.4 705.3 Service-producing industries 4,081.3 4,211.6 4,173.6 4,187.0 4,211.0 4,189.8 4,194.9 4,200.9 4,216.2 4,239.6 4,239.7 4,241.6 4,230.9 4,214.1 4,201.3 4,184.1 Trade, transportation, and utilities........................................ 1,035.2 1,046.7 1,049.8 1,047.4 1,053.9 1,047.9 1,047.1 1,050.3 1,049.2 1,052.6 1,049.2 1,043.9 1,038.6 1,029.9 1,033.5 1,028.0 Other services-producing maustries..................................... 3,046.1 3,164.9 3,123.8 3,139.6 3,157.1 3,141.9 3,147.8 3,150.6 3,167.0 3,186.9 3,190.4 3,197.7 3,192.3 3,184.2 3,167.8 3,156.1 Government..................................................................................... 1,075.2 1,129.5 1,105.7 1 , 110.1 1,113.4 1,118.1 1,123.6 1,128.4 1,134.3 1,138.6 1,142.1 1,144.7 1,146.9 1,148.3 1,162.6 1,166.5 Supplements to wages and salaries.............................................. Employer contributions for employee pension and insurance funds......................................................................... Employer contributions for government social insurance.... 1,456.6 1,504.9 1,489.3 991.9 464.7 1,026.9 478.0 1,014.0 475.2 Proprietors' income with IVA and C C A d j...................................... Farm .................................................................................................. Nonfarm............................................................................................ 1,056.2 44.0 1 ,012.2 1,072.4 34.6 1,037.9 1,074.5 41.7 1,032.8 1,493.7 1,498.9 1,016.2 476.1 1,015.7 478.0 1,021.5 477.4 1,069.1 42.1 1,027.0 1,071.4 41.0 1,030.4 1,071.2 39.4 1,031.9 1,492.3 1,502.1 1,505.5 1,508.8 1,511.9 1,512.5 1,024.4 477.7 1,027.4 478.2 1,029.8 479.1 1,031.3 480.6 1,032.6 479.9 1,076.1 38.4 1,037.7 1,083.5 36.1 1,047.4 1,090.0 35.0 1,055.0 1,079.8 32.5 1,047.3 1,071.8 29.6 1,042.2 1,524.2 1,526.7 1,038.4 475.8 1,045.5 478.7 1,050.2 476.5 1,049.3 25.9 1,023.4 1,044.1 25.8 1,018.3 1,043.1 24.3 1,018.8 1,514.9 1,514.2 1,035.0 479.9 1,036.7 478.2 1,075.0 27.0 1,048.0 1,057.4 26.1 1,031.3 1,514.9 Rental income of persons with CC A dj........................................... 40.0 64.4 38.1 38.8 40.5 49.1 58.3 68.3 72.8 77.3 55.5 87.1 90.9 96.1 95.4 95.2 Personal income receipts on assets.............................................. Personal interest incom e.............................................................. Personal dividend incom e........................................................... 2 ,000.1 1,214.3 785.8 2,037.7 1,208.5 829.1 2,056.4 1,232.0 824.4 2,054.2 1,224.6 829.6 2,051.7 1,217.2 834.5 2,051.8 1,213.0 838.8 2,052.3 1,208.7 843.6 2,052.8 1,204.5 848.3 2,054.1 1,210.9 843.2 2,055.6 1,217.4 838.2 2,057.3 1,223.8 833.4 2,023.0 1,203.6 819.4 1,988.6 1,183.4 805.2 1,954.0 1,163.2 790.8 1,931.5 1,149.9 781.6 1,906.6 1,136.5 770.1 Personal current transfer receipts................................................... Government social benefits to persons.................................... Old-age, survivors, disability, and health insurance benefits.................................................................................... Government unemployment insurance benefits................ O th e r............................................................................................ Other current transfer receipts, from business (net)............. Less:Contributions for government social insurance................. 1,713.3 1,681.4 1,869.1 1,834.4 1,766.3 1,734.2 1,776.6 1,744.3 1,791.3 1,758.9 1,807.5 1,775.1 1,995.3 1,962.9 1,976.0 1,943.5 1,849.0 1,816.5 1,864.3 1,831.7 1,904.8 1,845.3 1,887.2 1,854.5 1,892.5 1,859.8 1,918.3 1,885.5 1,975.0 1,942.3 1,991.2 1,958.5 999.4 32.3 649.6 31.9 965.1 1,058.3 52.3 723.8 34.7 996.0 1,024.1 37.0 673.1 32.1 989.8 1,030.6 38.2 675.5 32.3 991.5 1,042.5 39.3 677.1 32.4 995.3 1,041.0 40.6 693.5 32.4 994.5 1,051.8 41.5 869.6 32.4 995.4 1,057.0 42.0 844.5 32.4 996.3 1,067.4 47.6 701.5 32.5 998.2 1,067.5 62.4 701.9 32.6 1,001.4 1,072.0 67.5 705.8 59.5 1,000.3 1,074.5 64.6 715.4 32.7 1 ,000.1 1,082.8 64.2 712.7 32.8 997.0 1,088.3 82.4 714.8 32.8 992.1 1,124.9 89.1 728.2 32.7 997.0 1,133.8 98.0 726.6 32.7 992.8 Less: Personal current taxes.............................................. 1,492.8 1,460.6 1,530.6 1,534.1 1,540.2 1,527.5 1,147.9 1,363.0 1,372.0 1,522.3 1,517.7 1,504.6 1,487.1 1,479.5 1,335.4 1,316.8 Equals: Disposable personal income................................. 10,170.5 10,642.1 10,399.4 10,418.3 10,458.8 10,475.6 11,071.9 10,870.6 10,767.9 10,657.5 10,673.7 10,674.2 10,635.0 10,602.1 10,766.7 10,756.2 Less: Personal outlays........................................................ Personal consumption expenditures Durable goods............................... Nondurable goods........................ Services.......................................... Personal interest paym ents 1 ......... Personal current transfer payments To government............................... To the rest of the world (net)...... Equals: Personal saving..................................................... Personal saving as percentage of disposable personal income.............................................................................. 10,113.1 10,450.7 10,393.1 10,385.2 10,436.3 10,474.2 10,544.3 10,595.9 10,585.0 10,567.4 10,527.3 10,393.8 10,311.5 10,193.9 10,288.6 10,305.5 9,710.2 10,057.9 1,082.8 1,023.2 2,833.0 2,965.1 5,794.4 6,069.6 265.4 248.2 137.5 144.5 81.2 84.4 56.3 60.1 9,984.6 1,072.5 2,946.9 5,965.3 267.9 140.6 82.7 57.9 9,982.7 10,039.7 10,073.5 10,144.2 10,196.4 10,187.1 10,170.9 10,132.4 10,013.3 998.4 1,075.4 1,065.3 1,063.2 1,065.5 1,049.1 1,016.6 1,033.7 945.3 2,935.1 2,970.2 2,990.4 3,025.4 3,063.0 3,068.4 3,042.4 3,022.9 2,934.5 5,972.2 6,004.2 6,019.9 6,053.3 6,084.2 6, 102.0 6,094.8 6, 111.2 6,133.5 254.7 252.9 250.9 248.9 246.9 261.7 255.6 253.8 237.7 146.7 147.1 141.0 146.1 146.4 147.5 148.0 142.9 140.8 83.7 84.4 83.1 83.4 84.0 84.8 85.3 82.9 85.8 62.7 62.7 62.7 62.7 62.7 62.7 57.9 57.9 57.1 9,939.7 950.8 2,843.6 6,145.2 228.4 143.4 86.3 57.1 9,830.7 942.8 2,739.1 6,148.8 219.2 144.0 86.9 57.1 9,925.5 971.8 2,789.5 6,164.2 218.4 144.7 87.6 57.1 9,942.7 959.4 2,813.0 6,170.3 217.5 145.3 88.1 57.1 57.4 191.4 6.3 33.0 22.5 1.4 527.5 274.7 182.9 90.1 146.4 280.4 323.5 408.2 478.1 450.7 0.6 1.8 0.1 0.3 0.2 0.0 4.8 2.5 1.7 0.8 1.4 2.6 3.0 3.9 4.4 4.2 Addenda: Disposable personal income: Billions of chained (2000) dollars 2............................................ Per capita: Current dollars................................................................................ Chained (2000 dollars)................................................................. Population (midperiod, thousands) 3.............................................. 8,644.0 8,752.6 8,662.8 8,666.9 8,673.8 8,667.3 9,119.1 8,885.5 8,753.6 8,664.8 8,670.7 8,706.8 8,769.7 8,786.8 8,900.4 8,860.7 33,706 28,648 301,737 34,946 28,741 304,529 34,287 28,562 303,302 34,328 28,557 303,496 34,438 28,561 303,698 34,470 28,520 303,904 36,406 29,985 304,121 35,716 29,194 304,360 35,350 28,737 304,608 34,957 28,421 304,870 34,980 28,416 305,138 34,953 28,510 305,390 34,798 28,695 305,624 34,665 28,730 305,845 35,180 29,081 306,049 35,123 28,934 306,244 Personal consumption expenditures: Billions of chained (2000) dollars.............................................. Durable goods................................................................................ Nondurable goods......................................................................... Services........................................................................................... Implicit price deflator, 2 0 0 0 -1 0 0 ............................................... 8,252.8 1,242.4 2,392.6 4,646.2 117.660 8,272.1 1,188.5 2,378.4 4,714.3 121.590 8,317.3 1,239.7 2,395.4 4,706.2 120.047 8,304.6 1,241.8 2,388.3 4,699.6 120.207 8,326.2 1,229.5 2,410.1 4,707.3 120.579 8,334.6 1,230.8 2,419.0 4,705.7 120.864 8,355.1 1,237.1 2,427.3 4,712.8 121.414 8,334.4 1,217.0 2,415.9 4,717.9 122.341 8,281.4 1,178.5 2,392.0 4,716.6 123.011 8,269.3 1,200.4 2,378.5 4,703.9 122.997 8,231.0 1,161.4 2,358.3 4,713.4 123.100 8,167.7 1,101.9 2,325.4 4,724.9 122.597 8,196.4 1,114.2 2,337.5 4,732.2 121.269 8,147.5 1,109.8 2,292.8 4,731.1 120.658 8,205.0 1,145.2 2,320.6 4,735.8 120.969 8,190.6 1,128.2 2,320.1 4,733.9 121.392 6.1 3.8 0.1 0.2 0.4 0.0 1.8 0.1 -0.8 0.3 0.1 -0.1 -0.5 -0.3 0.2 -0.2 5.5 4.6 1.3 0.0 0.2 -0 .9 -1 .5 - 1.0 - 1.0 0.2 0.1 0.4 -0 .4 0.7 1.6 - 0.1 - 1.8 - 2.6 -0 .3 0.1 5.7 5.2 0.0 -0 .3 0.2 0.0 0.4 2.8 0.2 1.3 - 0.1 -0 .4 5.5 3.6 0.4 0.0 0.6 0.3 0.7 0.1 - 0.2 0.3 0.1 0.2 - 0.1 - 0.6 - 0.2 - 0.1 -0 .4 -0 .5 - 1.2 - 0.8 - 0 .7 0.4 - 1.1 - 0.6 0.2 0.2 0.5 - 0.2 1.0 2.8 0.7 - 0.2 Percent change from preceding period: Personal income, current dollars....................................... Disposable personal income: Current dollars............................................................................ Chained (2000) dollars............................................................ Personal consumption expenditures: Current dollars............................................................................ Chained (2000) dollars............................................................. p Preliminary r Revised CCAdj Capital consumption adjustment. IVA Inventory valuation adjustment. 1. Consists of nonmortgage interest paid by households. 2. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditures, 3. Population is the total population of the United States, including the Armed Forces overseas and the institutionalized population. The monthly estimate is the average of estimates for the first of the month and the first of the following month; the annual estimate is the average of the monthly estimates. D-47 April 2009 C. Historical Measures This table is derived from the “Selected NIPA Tables” that are published in this issue and from the “GDP and Other Major NIPA Series” tables that were published in the August 2008 issue. (The changes in prices are calculated from indexes expressed to three decimal places.) Table C.1. GDP and Other Major NIPA Aggregates—Continues [Q uarterly estim ates are seasonally adjusted at annual rates] Billions of chained (2000) dollars Year and quarter Percent change from preceding period Chain-type price indexes [2000= 100] Implicit price deflators [2000= 100] Percent change from preceding period Chain-type price index Gross domestic product Final sales of domestic product Gross national product Gross domestic product Final sales of domestic product Gross domestic product Gross domestic purchases Gross domestic product Gross national product Implicit price deflators Gross domestic product Gross domestic product Gross domestic purchases Gross national product 1959 ........................ 2,441.3 2,442.7 2,457.4 7.1 6.2 20.754 20.365 20.751 20.727 1.2 1.2 1.2 1.2 1960 1961 1962 1963 1964 ........................ ........................ ........................ ........................ ........................ 2,501.8 2,560.0 2,715.2 2,834.0 2,998.6 2,506.8 2,566.8 2,708.5 2,830.3 2,999.9 2,519.4 2,579.3 2,736.9 2,857.2 3,023.6 2.5 2.3 2.6 21.044 21.281 21.572 21.801 22.134 20.646 20.865 21.139 21.385 21.725 21.041 21.278 21.569 21.798 22.131 21.018 21.255 21.547 21.777 1.4 1.4 1.4 1.4 1.1 1.1 1.1 1.1 1.4 1.3 1.4 1.4 1.1 1.1 1.1 22.111 1.5 1.2 1.6 1.5 1.5 1965 1966 1967 1968 1969 ........................ ........................ ........................ ........................ ........................ 3,191.1 3,399.1 3,484.6 3,652.7 3,765.4 3,173.8 3,364.8 3,467.6 3,640.3 3,753.7 3,217.3 3,423.7 3,510.1 3,680.0 3,792.0 6.4 6.5 2.5 4.8 3.1 22.102 22.516 23.158 23.874 24.893 26.127 1.7 22.724 23.389 24.380 25.580 22.535 23.176 23.893 24.913 26.149 1.8 2.8 2.8 1.8 2.8 3.1 5.0 3.1 22.538 23.180 23.897 24.916 26.153 3.1 4.3 5.0 2.9 4.2 4.9 3.1 4.3 5.0 2.9 3.1 4.3 5.0 1970 1971 1972 1973 1974 ........................ ........................ ........................ ........................ ........................ 3,771.9 3,898.6 4,105.0 4,341.5 4,319.6 3,787.7 3,893.4 4,098.6 4,315.9 4,305.5 3,798.2 3,927.8 4,136.2 4,383.6 4,367.5 0.2 0.9 3.4 5.3 5.8 -0 .5 5.3 5.3 27.538 28.916 30.171 31.854 34.721 26.964 28.351 29.619 31.343 34.546 27.534 28.911 30.166 31.849 34.725 27.512 28.889 30.145 31.830 34.699 5.3 5.0 4.3 5.6 9.0 5.4 5.1 4.5 5.8 5.3 5.0 4.3 5.6 9.0 5.3 5.0 4.3 5.6 9.0 1975 1976 1977 1978 1979 ........................ ........................ ........................ ........................ ........................ 4,311.2 4,540.9 4,750.5 5,015.0 5,173.4 4,352.5 4,522.3 4,721.6 4,981.6 5,161.2 4,348.4 4,585.3 4,800.3 5,064.4 5,240.1 - 0.2 5.3 4.6 5.6 3.2 38.007 40.202 42.758 45.762 49.553 37.761 39.938 42.634 45.663 49.669 38.002 40.196 42.752 45.757 49.548 37.976 40.175 42.731 45.737 49.527 9.5 5.8 6.4 7.0 8.3 9.3 5.8 9.4 5.8 6.4 7.0 8.3 9.4 5.8 6.4 7.0 8.3 1980 1981 1982 1983 1984 ........................ ........................ ........................ ........................ ........................ 5,161.7 5,291.7 5,189.3 5,423.8 5,813.6 5,196.7 5,265.1 5,233.4 5,454.0 5,739.2 5,227.6 5,349.7 5,249.7 5,482.5 5,869.3 - 0.2 2.5 -1 .9 4.5 7.2 54.876 59.896 63.296 65.515 67.822 54.043 59.119 62.726 65.207 67.655 54.015 59.095 62.699 65.184 67.631 9.1 9.4 10.5 9.1 5.7 3.5 3.5 9.1 9.4 9.1 9.4 - 0.6 4.2 5.2 54.062 59.128 62.738 65.214 67.664 1985 1986 1987 1988 1989 ........................ ........................ ........................ ........................ ........................ 6,053.7 6,263.6 6,475.1 6,742.7 6,981.4 6,042.1 6,271.8 6,457.2 6,734.5 6,962.2 6,093.4 6,290.6 6,500.9 6,775.2 7,015.4 4.1 3.5 3.4 4.1 3.5 5.3 3.8 3.0 4.3 3.4 69.724 71.269 73.204 75.706 78.569 69.760 71.338 73.527 76.043 78.934 69.713 71.250 73.196 75.694 78.556 69.695 71.227 73.181 75.679 78.549 1990 1991 1992 1993 1994 ........................ ........................ ........................ ........................ ........................ 7,112.5 7,100.5 7,336.6 7,532.7 7,835.5 7,108.5 7,115.0 7,331.1 7,522.3 7,777.8 7,155.2 7,136.8 7,371.8 7,568.6 7,864.2 1.9 - 0.2 3.3 2.7 4.0 2.1 0.1 82.144 84.836 86.828 88.730 90.583 81.590 84.444 86.385 88.381 90.259 81.589 84.440 86.375 88.382 90.262 3.9 3.5 2.3 2.3 3.4 81.614 84.457 86.402 88.390 90.265 1995 1996 1997 1998 1999 ........................ ........................ ........................ ........................ ........................ 8,031.7 8,328.9 8,703.5 9,066.9 9,470.3 8,010.2 2.5 3.7 4.5 4.2 4.5 3.0 3.7 4.0 4.2 4.5 92.115 93.859 95.415 96.475 97.868 92.483 94.145 95.440 96.060 97.556 92.106 93.852 95.414 96.472 97.868 92.114 93.863 95.420 96.475 97.869 2.0 8,306.5 8,636.6 8,997.6 9,404.0 8,069.8 8,365.3 8,737.5 9,088.7 9,504.7 2000 2001 2002 9,817.0 9,890.7 10,048.8 10,301.0 10,675.8 9,760.5 9,920.9 10,036.5 10,285.1 10,619.8 9,855.9 9,933.6 10,079.0 10,355.3 10,746.0 3.7 3.8 100.000 100.000 100.000 0.8 1.6 1.6 1.2 2003 2004 ........................ ........................ ........................ ........................ ........................ 2.5 3.6 2.5 3.3 102.402 104.193 106.409 109.462 101.994 103.583 105.966 109.235 102.399 104.187 106.404 109.462 2005 2 006 2007 2008 ........................ ........................ ........................ ........................ 10,989.5 11,294.8 11,523.9 11,652.0 10,947.3 11,249.3 11,523.4 11,681.0 11,072.1 11,362.3 11,609.8 11,762.3 2.9 3.1 2.8 2.0 1.1 2.8 113.039 116.676 119.819 122.500 113.263 117.066 120.294 124.158 113.034 116.676 119.816 122.422 113.031 116.672 119.813 122.407 3.3 3.2 2.7 2.2 6.1 4.4 5.8 2.4 5.5 4.5 6.0 5.8 6.0 2.8 - 0.2 1.1 3.9 4.4 5.5 3.6 0.7 1.3 3.0 2.6 2.4 1.4 6.1 3.9 3.8 3.0 2.2 2.7 3.4 3.8 2.1 1.9 1.7 1.1 10.2 6.8 7.1 8.8 2.9 2.3 3.1 3.4 3.8 4.1 3.3 2.3 2.2 2.1 2.1 1.8 1.4 1.8 6.1 6.1 4.0 3.8 4.0 3.8 3.0 3.1 2.2 2.2 2.7 3.4 3.8 2.7 3.4 3.8 3.9 3.5 2.3 2.3 3.9 3.5 2.3 2.3 2.1 2.1 2.0 2.1 1.9 1.7 1.9 1.7 1.1 1.1 1.4 0.6 1.6 1.4 1.4 100.000 2.2 2.5 2.2 2.2 102.396 104.179 106.396 109.455 2.4 1.7 2.0 1.6 2.4 1.7 2.4 1.7 2.1 2.3 3.1 2.1 2.1 2.9 2.9 2.8 3.3 3.2 2.7 3.3 3.2 2.7 3.2 2.2 2.2 2.9 3.7 3.4 D-48 National Data April 2009 Table C.1. GOP and Other Major NIPA Aggregates—Continues [Quarterly estimates are seasonally adjusted at annual rates] Billions of chained (2000) dollars Year and quarter 1959: 1960: 1961: 1962: 1963: 1964: 1965: 1966: 1967: 1968: 1969: 1970: 1971: 1972: 1973: Final sales of domestic product Gross national product Gross domestic product 2,392.9 2,455.8 2,453.9 2,462.6 2,396.9 2,440.3 2,471.1 2,462.3 2,408.1 2,471.1 2,470.3 2,479.8 7.9 10.9 - 0 .3 1.4 Implicit price deflators [2000= 100] Percent change from preceding period I ....................... II Ill.................... IV .................... 2,517.4 2,504.8 2,508.7 2,476.2 2,488.1 2,511.5 2,507.9 2,519.8 2,534.1 2,521.8 2,526.5 2,494.9 9.2 2,491.2 2,538.0 2,579.1 2,631.8 2,522.0 2,549.1 2,568.9 2,627.3 2,510.8 2,556.7 2,598.3 2,651.4 2.4 7.7 2,679.1 2,708.4 2,733.3 2,740.0 2,659.5 2,704.5 2,725.6 2,744.5 2,775.9 2,810.6 2,863.5 2,885.8 Final sales of domestic product 8.1 Gross domestic product Gross domestic purchases Gross domestic product Gross national product Implicit pric e deflators Gross domestic product Gross domestic product Gross domestic purchases Gross national product 20.680 20.711 20.770 20.853 20.296 20.326 20.379 20.460 20.704 20.704 20.753 20.840 20.680 20.681 20.730 20.817 1.8 0.6 1.1 1.6 2.1 0.6 1.0 1.6 0.9 0.9 0.0 1.0 0.0 1.0 1.7 1.7 20.903 20.995 21.093 21.186 20.505 20.598 20.694 20.787 20.931 21.004 21.084 21.146 20.909 20.982 21.061 1.0 1.8 0.9 1.8 1.8 1.9 1.9 1.4 1.5 1.4 1.5 21.122 1.8 1.8 1.2 1.2 21.210 21.249 21.305 21.360 20.807 20.831 20.887 20.933 21.192 21.237 21.303 21.375 21.169 21.214 21.280 21.352 0.5 0.7 0.4 0.5 0.9 0.9 1.1 1.0 1.1 1.2 8.4 0.4 4.4 3.1 9.4 0.9 1.4 0.9 0.9 1.3 1.4 2,698.6 2,729.7 2,754.8 2,764.5 7.4 4.4 3.7 5.0 6.9 3.2 21.501 21.533 21.585 21.653 21.479 21.511 21.564 21.632 2.1 2.4 2.4 1.0 1.1 1.3 1.0 0.6 1.0 2.8 21.041 21.109 21.163 21.241 2.3 1.0 21.482 21.538 21.596 21.671 0.6 1.0 1.4 1.5 1.3 1.3 2,762.8 2,809.7 2,859.4 2,889.5 2,799.4 2,833.3 2 ,886.6 2,909.6 5.3 5.1 7.7 3.1 2.7 7.0 7.3 4.3 21.732 21.754 21.794 21.923 21.308 21.335 21.382 21.514 21.702 21.745 21.788 21.951 21.681 21.724 21.768 21.930 1.1 0.9 0.9 0.4 0.7 2.4 1.3 0.5 0.9 2.5 0.8 0.8 0.8 0.8 3.0 3.0 2,950.5 2,984.8 3,025.5 3,033.6 2,952.7 2,988.1 3,025.4 3,033.2 2,976.3 3,009.6 3,051.1 3,057.5 9.3 4.7 5.6 9.0 4.9 5.1 22.001 21.995 22.053 22.140 22.250 1.5 1.5 2.0 1.8 1.0 22.016 22.073 22.160 22.270 1.4 1.3 1.1 22.073 22.180 22.282 21.596 21.674 21.769 21.860 1.9 1.7 1.2 1.0 1.6 2.0 1.2 1.1 1.6 2.0 3,108.2 3,150.2 3,214.1 3,291.8 3,081.0 3,136.6 3,195.5 3,282.4 3,135.2 3,178.0 3,240.0 3,315.7 10.2 22.380 22.479 22.578 22.717 21.940 22.037 22.140 22.292 22.383 22.480 22.563 22.707 22.363 22.460 22.544 1.8 1.8 1.8 1.5 2.0 2.0 1.8 1.7 1.5 1.7 1.5 10.0 6.5 7.4 7.7 11.3 22.688 2.5 2.8 2.6 2.6 3,372.3 3,384.0 3,406.3 3,433.7 3,337.0 3,352.4 3,380.2 3,389.6 3,396.9 3,408.7 3,430.4 3,458.9 10.1 6.8 22.855 23.048 23.291 23.505 22.837 23.029 23.272 23.486 2.5 3.8 3.9 3.6 2.6 1.9 3.4 22.416 22.629 22.831 23.018 2.2 1.4 2.7 3.3 22.857 23.071 23.293 23.498 3.9 3.6 3.3 3.4 4.3 3.7 2.7 3.4 4.3 3.7 I I I ..................... I l l.................... IV .................... 3,464.1 3,464.3 3,491.8 3,518.2 3,424.2 3,460.2 3,477.8 3,508.2 3,489.0 3,488.5 3,518.5 3,544.1 3.6 4.1 4.3 23.109 23.254 23.469 23.723 23.612 23.741 23.975 24.241 23.593 23.722 23.955 24.221 1.9 2.5 3.7 4.5 2.5 3.7 4.4 1.8 2.2 1.8 2.2 2.0 23.611 23.759 23.977 24.242 1.6 3.2 3.1 4.0 4.5 4.0 4.5 I ....................... I I ..................... Ill.................... IV .................... 3,590.7 3,651.6 3,676.5 3,692.0 3,581.7 3,617.7 3,669.4 3,692.2 3,617.2 3,678.7 3,704.4 3,719.6 8.5 7.0 2.7 1.7 8.6 4.1 5.8 2.5 24.503 24.777 25.017 25.367 23.979 24.230 24.483 24.826 24.506 24.763 25.008 25.362 24.487 24.743 24.988 25.342 4.4 4.5 3.9 5.7 4.4 4.3 4.2 5.7 4.4 4.3 4.0 5.8 4.5 4.2 4.0 5.8 I ....................... I I ...................... Ill.................... IV .................... 3,750.2 3,760.9 3,784.2 3,766.3 3,730.5 3,748.6 3,767.6 3,768.1 3,778.0 3,787.7 3,810.0 3,792.1 6.5 4.2 1.1 2.0 2.0 0.1 25.622 25.966 26.345 26.678 25.062 25.402 25.764 26.093 25.626 25.958 26.332 26.675 25.605 25.937 26.310 26.652 4.1 5.5 2.5 -1 .9 3.9 5.5 5.8 5.2 4.2 5.3 5.9 5.3 4.2 5.3 5.9 5.3 I ....................... I I ..................... Ill.................... IV .................... 3,760.0 3,767.1 3,800.5 3,759.8 3,778.0 3,771.0 3,804.6 3,797.2 3,786.3 3,794.3 3,827.4 3,784.5 -0 .7 1.1 3.6 -4 .2 - 0 .7 3.6 - 0.8 26.474 26.841 27.093 27.449 27.056 27.428 27.647 28.004 27.034 27.406 27.624 27.982 5.7 5.8 3.2 5.2 6.0 0.8 27.051 27.437 27.655 28.009 5.7 3.8 5.4 5.8 5.6 3.2 5.3 5.9 5.6 3.2 5.3 I I I ..................... Ill.................... IV .................... 3,864.1 3,885.9 3,916.7 3,927.9 3,844.7 3,871.3 3,905.2 3,952.5 3,893.1 3,916.4 3,944.4 3,957.1 11.6 5.1 27.854 28.230 28.539 28.779 28.425 28.798 29.089 29.322 28.403 28.777 29.069 29.300 6.0 6.2 6.2 2.8 28.429 28.809 29.097 29.329 6.1 2.3 3.2 5.5 4.1 3.2 5.5 4.5 3.4 5.4 4.1 3.2 5.4 4.1 3.2 I ....................... I I ..................... Ill.................... IV .................... 3,997.7 4,092.1 4,131.1 4,198.7 4,006.9 4,073.0 4,109.6 4,204.8 4,028.1 4,122.1 4,163.5 4,231.0 7.3 9.8 3.9 6.7 29.814 29.989 30.264 30.620 29.234 29.437 29.728 30.078 29.781 29.959 30.250 30.652 29.759 29.937 30.229 30.631 6.8 6.5 2.4 3.7 4.8 4.0 4.8 6.4 2.4 3.9 5.4 6.4 2.4 4.0 5.4 1....................... 4,305.3 4,355.1 4,331.9 4,373.3 4,296.4 4,317.4 4,322.6 4,327.3 4,342.5 4,394.6 4,377.8 4,419.5 10.6 9.0 4.7 2.0 31.020 31.500 32.114 32.750 31.000 31.481 32.095 32.731 5.4 7.7 7.6 7.7 4.9 6.4 0.5 0.4 30.478 31.052 31.625 32.218 4.9 6.3 - 2.1 3.9 31.025 31.542 32.147 32.703 8.0 8.2 8.0 8.2 4,335.4 4,347.9 4,305.8 4,288.9 4,322.7 4,328.7 4,316.3 4,254.5 4,389.4 4,399.1 4,352.4 4,329.3 - 3 .4 33.068 34.007 35.045 36.062 33.376 34.162 35.166 36.218 33.354 34.137 35.141 36.188 8.4 9.2 12.9 -5 .6 33.371 34.110 35.164 36.240 11.0 -3 .8 - 1.6 12.8 12.1 7.9 9.8 12.3 12.5 7.8 9.7 12.3 12.5 4,237.6 4,268.6 4,340.9 4,397.8 4,287.8 4,331.0 4,370.1 4,421.1 4,271.5 4,302.8 4,377.7 4,441.7 -4 .7 3.0 6.9 5.4 3.2 4.1 3.7 4.8 37.077 37.622 38.324 39.005 36.849 37.412 38.060 38.724 37.050 37.614 38.313 38.987 37.022 37.586 38.288 38.961 9.6 9.0 6.3 7.1 9.5 9.5 6.2 6.2 7.7 7.6 7.3 7.2 7.2 7.7 7.2 ............ ............ I I I ..................... I ll.................... IV .................... ............ I I I ..................... Ill.................... IV .................... ............ I I I ..................... Ill.................... IV .................... ............ I I I ..................... Ill.................... IV .................... ............ I I I ..................... Ill.................... IV .................... ............ I I I ..................... I ll.................... IV .................... ............ ............ ............ 1 I I ..................... Ill.................... IV .................... 1975: Chain-type price indexes [2000= 100] Chain-type price index Gross domestic product I ....................... I I ..................... Ill.................... IV .................... I I ..................... Ill.................... IV .................... 1974: Percent change from preceding period 1....................... I I ..................... Ill.................... IV .................... - 2.0 0.6 -5 .1 6.6 5.5 8.4 0.0 1.1 1.2 7.4 5.1 - 1 .4 4.3 3.8 - 0.6 1.9 1.1 3.5 3.5 4.9 5.6 6.8 3.6 9.6 - 0 .4 0.6 -1 .1 6.0 5.2 5.4 6.8 7.9 7.1 6.0 1.8 1.9 2.8 11.9 12.8 April 2009 Survey of D-4 9 C u r r e n t B u sin ess Table C.1. GDP and Other Major NIPA Aggregates—Continues [Q uarterly estim ates are seasonally adjusted at annual rates] Billions of chained (2000) dollars Year and quarter ............ 1976: I I I ..................... Ill.................... IV .................... 1977: I I I ..................... Ill.................... IV .................... 1978: 1979: 1980: 1981: 1982: 1983: 1984: 1985: 1986: 1987: 1988: 1989: 1990: 1991: ............ ............ I I I ..................... Ill.................... IV .................... ........... I.: I I ..................... Ill.................... IV .................... ............ I I I ..................... Ill.................... IV .................... ............ I I I ..................... Ill.................... IV .................... ............ I II ..................... Ill.................... IV .................... ............ I II ..................... Ill.................... IV.................... ............ I II ..................... Ill.................... IV .................... ............ I I I ..................... Ill.................... IV.................... ............ I I I ..................... Ill.................... IV .................... ............ I I I ..................... Ill.................... IV .................... ............ I I I ..................... Ill.................... IV .................... ............ I I I ..................... Ill.................... IV.................... ............ I I I ..................... Ill.................... IV.................... ............ I I I ..................... Ill.................... IV .................... Percent change from preceding period Chain-type price indexes [2000= 100] Implicit price deflators [2000= 100] Percent change from preceding period Chain-type price index Gross domestic product Final sales of domestic product Gross national product Gross domestic product Final sales of domestic product Gross domestic product Gross domestic purchases Gross domestic product Gross national product Gross domestic product Gross domestic purchases Implicit pric e deflators Gross domestic product Gross national product 4.6 4.5 5.9 6.7 4.5 4.4 5.6 7.5 4.5 4.4 5.6 7.5 6.8 6.6 7.7 7.1 6.2 6.7 5.9 5.0 9.0 6.7 5.6 6.9 4,496.8 4,530.3 4,552.0 4,584.6 4,482.1 4,496.3 4,523.7 4,587.1 4,539.3 4,574.6 4,596.7 4,630.4 9.3 3.0 1.9 2.9 5.6 1.3 2.5 5.7 39.443 39.866 40.405 41.096 39.163 39.595 40.168 40.828 39.418 39.840 40.385 41.122 39.396 39.818 40.365 41.101 4.6 4.4 5.5 7.0 4,640.0 4,731.1 4,815.8 4,815.3 4,631.5 4,705.5 4,755.2 4,794.1 4,692.2 4,782.3 4,866.4 4,860.4 4.9 0.0 3.9 6.5 4.3 3.3 41.781 42.452 43.036 43.762 41.591 42.306 42.950 43.688 41.796 42.401 42.917 43.852 41.773 42.381 42.899 43.831 4,830.8 5,021.2 5,070.7 5,137.4 4,799.5 4,989.9 5,036.0 5,100.6 4,882.9 5,064.7 5,118.2 5,191.9 1.3 16.7 4.0 5.4 0.5 16.8 3.7 5.2 44.493 45.350 46.133 47.074 44.410 45.266 46.048 46.928 44.505 45.321 46.072 47.047 44.483 45.301 46.052 47.027 6.9 7.9 7.1 8.4 6.8 6.1 7.9 7.1 7.9 7.5 7.6 6.8 6.8 8.7 8.7 5,147.4 5,152.3 5,189.4 5,204.7 5,117.8 5,117.9 5,192.3 5,216.9 5,203.1 5,214.9 5,263.8 5,278.6 0.8 1.4 7.2 10.1 10.6 10.2 10.2 8.5 10.5 8.9 8.9 1.2 47.857 49.034 50.093 51.093 7.2 5.9 1.9 47.876 49.058 50.115 51.117 7.9 0.0 47.828 49.044 50.289 51.515 7.5 0.4 2.9 47.929 49.092 50.102 51.088 8.1 10.1 8.2 8.2 5,221.3 5,115.9 5,107.4 5,202.1 5,227.3 5,126.2 5,193.5 5,239.7 5,296.5 5,185.5 5,173.0 5,255.6 1.3 - 7 .8 - 0 .7 7.6 52.209 53.362 54.572 56.105 52.930 54.220 55.446 56.907 52.195 53.349 54.560 56.071 52.172 53.324 54.534 56.043 9.1 9.1 9.4 11.7 11.4 - 7 .5 5.4 3.6 11.0 8.7 9.1 9.4 11.5 8.7 9.1 9.4 11.5 5,307.5 5,266.1 5,329.8 5,263.4 5,261.7 5,272.8 5,278.5 5,247.4 5,364.5 5,319.8 5,386.8 5,327.3 8.4 -3.1 4.9 - 4 .9 57.566 58.582 59.661 60.704 58.397 59.434 60.355 61.400 57.517 58.598 59.641 60.729 57.492 58.571 59.616 60.706 10.8 10.9 7.3 6.3 7.1 10.7 7.7 7.3 7.5 10.8 7.2 7.6 7.2 5,177.1 5,204.9 5,185.2 5,189.8 5,232.9 5,230.5 5,196.6 5,273.3 5,237.7 5,272.8 5,242.9 5,245.3 - 6 .4 61.563 62.330 63.193 63.866 62.213 62.883 63.717 64.372 61.555 62.302 63.182 63.863 61.530 62.276 63.155 63.837 5.8 5.1 5.7 4.3 5.4 4.4 5.4 4.2 5.6 4.9 5.8 4.4 5.5 4.9 5.8 4.4 5,253.8 5,372.3 5,478.4 5,590.5 5,329.2 5,404.6 5,505.1 5,577.0 5,308.8 5,430.9 5,538.0 5,652.4 5.0 9.3 4.3 5.8 7.7 5.3 64.413 64.881 65.542 64.388 64.853 65.517 66.012 64.363 64.831 65.495 65.991 3.5 2.9 4.1 2.9 2.5 66.020 64.768 65.213 65.849 66.231 3.3 2.9 4.2 3.1 3.3 2.9 4.2 3.1 5,699.8 5,797.9 5,854.3 5,902.4 5,614.4 5,717.5 5,770.2 5,854.6 5,757.1 5,855.5 5,911.3 5,953.2 7.1 3.9 3.3 2.7 7.5 3.7 66.838 67.439 67.989 68.392 67.052 67.647 68.114 68.476 66.837 67.414 67.953 68.385 66.815 67.392 67.930 68.359 5.0 3.6 3.3 2.4 5.1 3.5 3.2 5.1 3.5 3.2 5,956.9 6,007.8 6,101.7 6,148.6 5,953.0 5,998.5 6,095.8 6, 121.2 5,997.4 6,050.8 6,137.4 6,188.2 3.8 3.5 6.4 3.1 69.137 69.537 69.907 70.459 69.155 69.550 69.838 70.289 69.127 69.529 69.827 70.276 4.7 1.7 69.180 69.542 69.876 70.299 6,207.4 6,232.0 6,291.7 6,323.4 6,184.1 6,230.5 6,317.8 6,355.0 6,242.5 6,257.3 6,320.1 6,342.8 3.9 4.2 3.0 5.7 2.4 70.660 71.001 71.455 71.960 70.851 70.985 71.493 72.025 70.652 71.015 71.426 71.893 70.635 70.993 71.401 71.866 2.9 6,365.0 6,435.0 6,493.4 6,606.8 6,344.4 6,431.4 6,510.8 6,542.5 6,386.8 6,461.8 6,519.5 6,635.4 2.7 4.5 3.7 7.2 -0 .7 5.6 5.0 72.514 72.904 73.450 73.948 72.728 73.229 73.819 74.332 72.487 72.882 73.425 73.958 72.465 72.870 73.412 73.944 3.1 4.0 2.2 2.8 2.2 3.0 2.7 3.3 6,639.1 6,723.5 6,759.4 6,848.6 6,637.2 6,716.4 6,749.5 6,835.1 6,675.0 6,756.2 6,788.9 6,880.9 2.0 5.2 5.9 4.9 2.1 2.0 5.4 5.2 74.564 75.296 76.178 76.786 74.975 75.706 76.406 77.086 74.587 75.300 76.141 76.712 74.571 75.285 76.124 76.700 3.4 4.0 4.8 3.2 6,918.1 6,963.5 7,013.1 7,030.9 6,873.3 6,933.6 7,015.3 7,026.8 6,950.1 6,993.9 7,046.2 7,071.4 4.1 2.3 3.6 4.8 0.7 77.588 78.342 78.913 79.433 77.937 78.764 79.227 79.807 77.580 78.324 78.879 79.425 77.566 78.316 78.875 79.422 7,112.1 7,130.3 7,130.8 7,076.9 7,110.6 7,103.8 7,118.3 7,101.3 7,150.0 7,169.9 7,163.9 7,137.1 4.9 -0 .4 80.389 81.326 82.053 82.689 80.878 81.629 82.531 83.536 80.375 81.311 82.031 82.646 7,040.8 7,086.5 7,120.7 7,154.1 7,071.5 7,120.2 7,134.6 7,133.8 7,087.0 7,119.1 7,149.3 7,191.8 83.662 84.194 84.772 85.200 84.197 84.533 85.058 85.556 83.626 84.165 84.762 85.206 8.1 7.4 2.2 - 1 .5 0.4 8.1 8.4 8.1 1.6 3.9 2.0 2.6 2.9 1.0 4.7 1.0 0.0 0.8 1.7 0.8 0.4 -2 .3 - 1.1 - 0.2 - 2.6 6.0 6.0 6.9 3.1 6.6 2.0 0.8 -3 .0 - 1.0 - 2.0 - 1 .7 2.6 2.8 0.8 0.0 1.9 1.9 7.1 10.1 9.4 2.8 4.0 2.3 5.1 3.6 2.8 2.1 6.0 5.0 9.0 6.1 7.7 7.3 7.5 2.6 2.6 1.9 2.4 2.1 4.6 2.3 1.7 4.6 2.3 1.7 3.2 2.6 2.6 2.1 2.2 0.8 2.1 2.1 2.1 2.0 2.9 3.0 2.3 2.3 2.6 2.6 3.3 2.8 3.0 2.9 3.4 2.3 3.0 2.9 3.5 4.0 3.8 3.6 3.4 3.9 4.5 3.0 3.4 3.9 4.5 3.1 4.2 3.9 2.9 2.7 4.5 4.3 2.4 3.0 4.6 3.9 2.9 4.6 3.9 2.9 2.8 2.8 80.376 81.301 82.028 82.652 4.9 4.7 3.6 3.1 5.5 3.8 4.5 5.0 4.9 4.7 3.6 3.0 4.9 4.7 3.6 3.1 83.623 84.164 84.758 85.202 4.8 3.2 4.8 4.8 2.6 2.8 2.0 1.6 2.6 2.6 2.5 2.4 2.9 2.9 2.1 2.1 2.1 1.9 2.6 3.9 2.3 D-50 April 2009 National Data Table C.1. GDP and Other Major NIPA Aggregates—Table Ends [Quarterly estimates are seasonally adjusted at annual rates] Billions of chained (2000) dollars Year and quarter Percent change from preceding period Chain-type price indexes [2000= 100] Implicit price deflators [2000= 100] Chain-type price index Gross domestic product Final sales of domestic product Gross national product Gross domestic product Final sales of domestic product Gross domestic product Gross domestic purchases Gross domestic product Gross national product 6.0 85.766 2.5 4.2 4.4 86.212 86.587 87.042 86.093 86.588 87.098 87.531 85.721 86.190 86.580 87.029 85.710 86.181 86.567 87.019 5.5 - 0 .5 2.9 3.1 5.0 87.729 88.204 88.599 89.030 88.076 88.595 88.916 89.331 87.707 88.190 88.570 89.038 87.705 88.189 88.574 89.048 4.1 5.3 2.3 4.8 2.3 3.1 4.0 3.5 89.598 89.980 90.525 90.958 89.800 90.271 90.921 91.340 89.578 89.954 90.530 90.952 89.583 89.963 90.527 90.953 1.1 1.9 0.7 3.3 3.0 4.7 2.5 91.554 91.891 92.281 92.734 91.877 92.329 92.662 93.065 91.530 91.859 92.289 92.733 6.1 93.302 93.615 94.064 94.455 93.602 93.897 94.286 94.796 3.0 3.2 6.3 2.5 94.963 95.291 95.541 95.864 6.2 2.9 5.9 4.1 6.5 9,346.7 9,429.1 9,532.7 9,710.4 3.4 3.4 4.8 7.3 9,668.8 9,748.4 9,780.4 9,844.3 9,729.0 9,885.3 9,867.8 9,941.6 1.0 9,875.6 9,905.9 9,871.1 9,910.0 9,883.2 9,908.7 9,899.9 9,992.3 9,913.6 9,949.8 9,887.7 9,983.1 -0 .5 9,977.3 10,031.6 10,090.7 10,095.8 9,986.8 10,028.4 10,063.5 10,067.3 10,004.1 10,048.6 10,119.7 10,143.8 2.7 10,126.0 10,212.7 10,398.7 10,467.0 10,100.9 10,213.7 10,385.9 10,440.0 10,163.8 10,266.9 10,449.9 10,540.5 3.5 7.5 2.7 10,543.6 10,634.2 10,728.7 10,796.4 10,507.1 10,568.5 10 ,666.6 10,737.0 10,633.0 10,701.4 10,804.9 10,844.4 3.0 3.5 3.6 2.5 10,875.8 10,946.1 11,050.0 11,086.1 10,799.3 10,925.9 11,035.5 11,028.4 10,968.4 11,028.4 11,140.7 11,151.2 3.0 11,217.3 11,291.7 11,314.1 11,356.4 11,167.6 11,232.1 11,257.8 11,339.7 11,286.5 11,365.1 11,370.8 11,426.5 4.8 2.7 I I ..................... Ill.................... IV .................... 1992: 11,357.8 11,491.4 11,625.7 11,620.7 11,370.5 11,490.5 11,605.0 11,628.0 11,419.1 11,541.7 11,719.9 11,758.3 1 ....................... I I ..................... Ill.................... IV .................... 11,646.0 11,727.4 11,712.4 11,522.1 11,653.7 11,778.8 11,739.2 11,552.2 11,760.9 11,822.2 11,817.3 11,648.7 - 0 .5 - 6 .3 7,228.2 7,297.9 7,369.5 7,450.7 7,239.3 7,284.3 7,360.5 7,440.3 7,265.5 7,334.5 7,402.6 7,485.0 4.2 3.9 4.0 4.5 I ...................... II Ill.................... IV .................... 7,459.7 7,497.5 7,536.0 7,637.4 7,431.2 7,483.7 7,540.6 7,633.7 7,502.4 7,532.8 7,577.7 7,661.5 0.5 7,715.1 7,815.7 7,859.5 7,951.6 7,677.5 7,737.2 7,814.3 7,882.3 7,747.2 7,843.7 7,886.8 7,979.2 7,973.7 7,988.0 8,053.1 8,112.0 7,918.7 7,962.3 8,055.0 8,104.8 8,014.3 8,032.0 8,081.0 8,152.0 8,169.2 8,303.1 8,372.7 8,470.6 8,175.4 8,285.8 8,319.9 8,444.7 8,213.3 8,337.6 8,402.7 8,507.6 2.9 6.7 3.4 4.8 3.5 5.5 1.7 8,536.1 8,665.8 8,773.7 8,838.4 8,507.3 8,574.6 8,705.7 8,758.6 8,566.0 8,707.0 8,808.7 8,868.1 3.1 8,936.2 8,995.3 9,098.9 9,237.1 8,821.1 8,948.7 9,038.4 9,182.2 8,965.5 9,022.2 9,112.2 9,255.2 4.5 2.7 4.7 1 ....................... I I ..................... Ill.................... IV .................... 9,315.5 9,392.6 9,502.2 9,671.1 9,239.7 9,353.7 9,453.5 9,569.3 1 ....................... I I ..................... Ill.................... IV .................... 1994: I ....................... I I ..................... Ill.................... IV .................... I I ..................... Ill.................... IV .................... 1993: 9,695.6 9,847.9 9,836.6 9,887.7 1 ....................... II ...................... Ill.................... IV .................... 1 ....................... ............ ............ I I ............ 1 I ll.................... IV .................... 1995: ............ II ............ 1 Ill.................... IV .................... 1996: 1 ............ ............ II I l l.................... IV .................... 1997: 1 ....................... ............ II Ill.................... IV .................... 1998: 1999: 2000: 2001: 2002: 1 ....................... I I ..................... I ll.................... IV .................... 2003: 1 ....................... I I ..................... Ill.................... IV .................... 2004: 1 ....................... ............ II Ill.................... IV .................... 2005: 1 ....................... I I ..................... Ill.................... IV .................... 2006: 1 ............ ............ II I ll.................... IV .................... 2007: 2008: 1 ............ Percent change from preceding period 2.0 2.1 Implicit price deflators Gross domestic product Gross domestic product 2.7 2.1 1.8 2.1 3.2 2.2 1.8 2.0 2.5 2.3 2.4 2.0 2.5 2.4 1.5 1.9 Gross national product 2.4 2.4 2.2 1.8 2.1 2.2 1.8 2.1 3.2 3.2 2.2 2.2 1.8 2.2 1.7 2.1 1.7 2.4 1.9 2.1 2.1 2.4 1.7 2.9 1.9 2.6 1.9 2.4 1.7 2.5 1.9 91.534 91.868 92.299 92.743 2.6 2.4 2.6 2.6 1.5 1.7 2.0 2.0 1.8 1.4 1.9 1.9 1.5 1.9 1.9 93.328 93.659 93.951 94.450 93.338 93.671 93.962 94.458 2.5 1.3 1.9 1.7 2.3 1.3 1.7 2.6 2.6 2.2 2.1 1.2 2.1 95.189 95.296 95.494 95.781 95.054 95.206 95.534 95.846 95.058 95.212 95.542 95.851 2.2 1.7 0.5 2.6 0.6 2.6 0.6 0.8 1.2 1.4 1.3 1.4 1.3 96.096 96.284 96.620 96.901 95.773 95.881 96.141 96.444 96.089 96.249 96.600 96.934 96.091 96.254 96.604 96.932 1.0 0.8 0.0 1.0 1.0 0.5 0.7 1.5 1.4 0.7 1.5 1.4 2.5 5.0 4.3 5.0 97.274 97.701 98.022 98.475 96.761 97.317 97.790 98.356 97.328 97.674 98.013 98.432 97.330 97.675 98.014 98.433 1.6 1.4 1.4 1.7 1.7 1.4 1.4 1.7 6.4 - 0 .5 4.2 3.3 1.3 3.6 1.7 100.666 99.311 99.741 100.262 100.672 3.6 1.7 2.6 99.275 99.714 100.283 100.727 99.317 99.745 100.259 2.1 99.292 99.780 100.241 100.687 2.1 1.6 2.1 1.6 101.507 102.290 102.690 103.122 101.403 101.974 102.223 102.378 101.478 102.252 102.675 103.191 103.553 103.944 104.347 104.926 102.755 103.385 103.816 104.374 105.742 106.076 106.616 107.204 6.2 5.1 3.0 2.2 2.6 Gross domestic purchases 1.4 1.1 1.4 1.5 1.4 1.1 1.2 1.3 1.5 1.3 2.3 1.8 1.3 1.9 3.4 2.0 2.3 3.8 1.4 1.3 1.4 2.0 1.8 1.9 2.3 1.8 1.8 101.480 102.248 102.671 103.183 3.3 3.1 2.7 2.3 1.6 1.0 0.6 3.3 3.1 1.7 3.2 3.1 1.7 2.0 2.0 103.568 103.938 104.328 104.907 103.552 103.928 104.321 104.903 1.7 1.5 1.5 2.5 1.7 1.5 1.4 1.5 2.2 2.2 1.4 1.5 1.5 2.3 105.435 105.587 106.170 106.671 105.724 106.062 106.611 107.190 105.718 106.053 106.602 107.180 2.4 3.8 2.7 108.180 109.185 109.807 110.677 107.787 108.893 109.637 110.622 108.175 109.178 109.793 110.671 108.170 109.173 109.786 2.3 4.8 4.1 - 0 .3 111.778 112.357 113.487 114.536 111.638 112.484 113.913 115.016 111.765 112.346 113.468 114.525 111.757 112.344 113.469 114.523 5.1 2.3 0.9 2.9 115.536 116.317 117.109 117.742 115.832 116.859 117.700 117.873 115.533 116.317 117.107 117.732 115.529 116.315 117.107 117.726 0.1 1.1 4.8 4.8 4.3 4.0 - 0.2 0.8 118.935 119.531 119.984 120.826 118.931 119.908 120.571 121.766 118.956 119.547 119.997 120.743 118.952 119.542 119.990 120.737 0.9 0.9 4.4 - 1 .3 - 6.2 121.613 121.951 123.134 123.302 122.821 124.103 125.475 124.232 121.508 121.890 123.056 123.244 121.495 121.876 123.037 123.226 1.2 -1 .4 1.6 1.6 1.0 - 0 .4 3.8 2.4 - 0.2 1.7 1.4 0.2 0.1 1.2 1.3 4.5 6.9 2.2 2.6 3.8 1.3 0.8 1.5 2.8 2.1 2.6 110.666 1.7 1.6 2.2 3.1 1.3 2.1 2.2 3.7 3.8 2.3 3.2 4.1 0.6 2.2 1.9 3.1 1.3 2.1 2.2 3.7 3.8 2.3 3.2 3.6 3.7 3.8 2.3 3.2 3.7 3.1 5.2 3.9 2.9 3.6 2.9 3.6 2.7 2.7 3.6 2.7 0.6 2.2 2.8 2.1 3.6 3.3 4.2 4.2 2.0 2.0 2.0 1.5 2.2 2.8 4.0 1.5 2.5 1.5 2.5 2.6 1.1 3.5 4.2 4.5 -3 .9 2.6 1.3 3.9 2.5 1.3 3.9 0.6 0.6 4.0 2.1 4.1 3.7 3.5 2.7 2.8 2.2 4.1 3.9 0.5 4.3 4.2 3.2 1.3 2.1 2.2 2.8 4.0 4.0 2.1 2.1 4.1 3.8 4.1 3.8 April 2009 D-51 D. Charts All series are seasonally adjusted at annual rates. The percent changes in real gross domestic product are based on quarterto-quarter changes. SELECTED NIPA SERIES C h a in e d ( 2 0 0 0 ) d o lla r s A pr Feb D ec Nov 4 0 ,0 0 0 Nov M ar Jan Jly Jly Nov Jly M ar M ar Nov Dec* 4 0 ,0 0 0 3 5 ,0 0 0 - -3 5 ,0 0 0 3 0 ,0 0 0 - -3 0 ,0 0 0 2 5 ,0 0 0 - -2 5 ,0 0 0 20,000- - 1 5 ,0 0 0 - -1 5 ,0 0 0 10,000 20,000 10,000 60 62 64 66 68 70 72 74 76 90 92 00 P e rc e n t r Feb D ec Nov Nov M ar Jly M ar M ar Nov ‘ The Business Cycle Dating Committee of the National Bureau of Economic Research has determined that a peak in U.S. economic activity occurred in December 2007. The peak marks the end of the expansion that began in November 2001 and the beginning of a recession. U.S. Bureau of Economic Analysis National Data D -5 2 April 2 0 0 9 SELECTED NIPA SERIES Percent Apr Feb D ec Nov Nov M ar J a n J Iy J ly Nov Jly M ar M ar Nov S H A R E S O F FE D E R A L G O V E R N M E N T R E C E IP T S - 1 ' ■ \ Ke- ✓ - „ x W -' 60 50 40 - y 10 - m \r \s 20 - ___ 1 ' 30 - ' \y * 40 - ~N ^ A - - 4 -V 50 - Personal current taxes S ' f M / V 30 Contributions for governm ent social insurance Taxes on corporate incom e Taxes on production and im ports Percent Apr Feb Dec Nov Nov M ar_____________ J a n J Iy J ly Nov M ar Nov Jly M ar S H A R E S O F F E D E R A L G O V E R N M E N T C U R R E N T E X P E N D IT U R E S Current transfer paym ents ... _.*■ ■ ** ■■ . Consum ption expenditures 20 Interest paym ents - Percent Apr Feb Dec Nov Nov M ar J a n J Iv J Iv Jly M ar Nov M ar Nov RATIO , N E T G O V E R N M E N T S A V IN G T O G R O S S D O M E S T IC P R O D U C T Net governm ent savini -2 - - 4 - Federal - 6 - *The Business Cycle Dating Committee of the National Bureau of Economic Research has determined that a peak in U.S. economic activity occurred in December 2007. The peak marks the end of the expansion that began in November 2001 and the beginning of a recession. U.S. Bureau of Economic Analysis 10 April 2009 Su r v e y D-53 C u r r e n t B u sin ess of SELECTED NIPA SERIES P e rc e n t Apr Feb 25 D ec Nov Nov M ar Jan Jly Jly Nov Jly M ar M ar Nov Dec* 25 RATIO , S A V IN G S T O G R O S S NATIO NAL IN C O M E .41 jh 20 \A - t f 15 10 - 15 ife s . •<> / - * L — Gross business saving* - I 60 10 I . . . . . *Gross saving less personal saving and gross governm ent saving -5 20 Gross saving \ I 62 I I I 64 66 I I 68 I I I 70 I I I I 72 I 74 I 76 I I I 78 I I 80 I 82 I I 84 I 86 I I 88 I I I I 90 I 92 I I 94 I I 96 I I 98 I I I 00 I 02 i I 04 I i -5 r 06 08 P e rc e n t Apr Feb D ec Nov Nov M ar Jan Jly Jly Nov M a r Nov Jly M ar 25 D ec* 25 FtATIO, IN V E S T M E N T TO G R O S S N A TIO N A L P R O D U C T 20 - ✓ s- \ V Gross dom estic investm enfplus balance on current account (NIPAs) - v a 15 15 Gross private dom estic investment v 10 20 • |v x .< v — V - - 10 Gross governm ent investment ....................................... ... r Balance on current account -5 - -10 II 60 62 I I I I I I I I I I I I I I I I II 66 64 68 P e rc e n t Apr Feb 70 72 Dec Nov 60 74 Nov 76 78 M ar 80 -1 0 I I I I I I I I I I I I I I I I I I I I I I I I I i 82 Jan Jly Jly 84 86 88 Nov 90 92 94 96 98 Jly M ar 00 02 04 06 M ar Nov 08 D ec* 60 S H A R E S O F G R O S S PRIVATE D O M E S T IC F IX E D IN V E S T M E N T I V s .. ■ r— Nonresidential equipm ent and software 50 40 - A w , - 50 -- - i - 40 v V 30 \ ^ 'S / \ » if IL' Residential investment V-/ V . /' -X, - / 'V'v __/ 20 \ N - 30 - 20 - 10 \ Nonresidential structures 10 60 ^ ““r“r“r T 66 68 “r“T 62 64 70 72 74 76 78 T 80 82 84 86 88 90 92 ^ 94 96 98 00 02 *T h e B usiness C ycle D ating C om m ittee of the N ational B ureau of Econom ic R ese arch has determ ined that a p eak in U .S . econom ic activity occurred in D ece m b er 2007 . T h e p eak m arks the end of the expansion that began in N ovem ber 2001 and the beginning of a recession. U.S. Bureau of Economic Analysis 04 06 r08 D-54 National Data April 2009 SELECTED NIPA SERIES 2008 1961 S H A R E S O F N A TIO N A L IN C O M E Supplem ents to wages accruals, 57.1 % S upplem ents to wages accruals, 5 2 .7 % salaries, 5 .0% W ag e and salary W age and salary and salaries, 1 2 . 1 % Proprietors’ incom e, 10.8 % Proprietors’ income, 6% Rental income R ental incom e of persons, 3 .6% of persons, 0 .5 % C orporate profits, 11.9% Corporate profits, 11.2 % N et interest and misc. paym ents, 2 .5 % O ther 0 2 % 1961 2008 Business, 7 6 .5 % Business, 79.3°/ Other, 0 .4 % ^axes on production and im ports, 9 .6% S H A R E S O F G R O S S D O M E S T IC P R O D U C T BY S E C T O R N et interest and misc. paym ents, 5 .5% Taxes on production and im ports, 8 .3 % ' \ Households, 6 .5% Households, 6 .3% Nonprofit institutions Nonprofit institutions serving households, 2 .3 % G eneral governm ent, federal 6 .3% serving households*— 5 .2 % G eneral governm ent, federal, 3 .6% G eneral governm ent, G eneral governm ent, state and local 5 .8% state and local, 8. 1 % April 2009 Surv ey D-55 C u r r e n t B u sin ess of SELECTED NIPA SERIES P e rc e n t Apr Feb 70 — -------- D ec Nov Nov M ar_____________ J a n J Iy J ly Nov Jly M ar M ar Nov 60- -60 50- -50 40- -40 30- -2 0 20- -10 Percent Apr Feb Dec Nov Apr Feb 18 D ec Nov ii i i Nov M ar Nov M ar i J a n J Iy J ly Nov Jly M ar M ar Nov Jly M ar 1i 1 M ar Nov ii 16 14 12 - 10 - Percent 70 60 - - 60 50 - 40 - - 40 30 - - 30 20 - 10 - *The Business Cycle Dating Committee of the National Bureau of Economic Research has determined that a peak in U.S. economic activity occurred in December 2007. The peak marks the end of the expansion that began in November 2001 and the beginning of a recession. U.S. Bureau of Economic Analysis D ec’ f ■ 18 D-56 April 2009 National Data SELECTED NIPA SERIES Apr Feb Dec Nov Nov M ar J a n J Iy J ly Nov M ar Nov Jly M ar P R O F IT M A R G IN , D O M E S T IC N O N F IN A N C IA L C O R P O R A T IO N S ' 16 - Before tax 12 - A fter tax 'R a tio of corporate profits per unit to cost and profit per unit O Ratio Dec Nov Nov M ar Jan Jly Jly Nov M ar Nov Jly M ar IN V E N T O R Y /S A L E S RATIO S, C U R R E N T D O L L A R ’ Ratio of private nonfarm inventories to final sales of goods and structures Ratio of private inventories to final sales of dom estic business Ratio of private nonfarm inventories to final sales of dom estic business 'B a s e d on current-dollar estim ates of inventories and sales 1 60 Ratio 62 66 64 68 70 72 Dec Nov Apr Feb 74 76 78 80 M ar_____________ J a n J Iy J ly Nov 82 84 86 88 Nov 90 92 94 96 98 00 Jly M ar 02 04 06 08 M ar Nov IN V E N T O R Y /S A L E S R ATIO S, R E A L Ratio of private nonfarm inventories to final sales of goods and structures Ratio of private inventories to final sales of dom estic business — -m Ratio of private nonfarm inventories to final sales of dom estic business 'B a s e d on chained (200 0) dollar estim ates of inventories and sales r 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 *The Business Cycle Dating Committee of the National Bureau of Economic Research has determined that a peak in U.S. economic activity occurred in December 2007. The peak marks the end of the expansion that began in November 2001 and the beginning of a recession. U.S. Bureau of Economic Analysis 04 06 08 D-57 April 2009 Industry Data E. Industry Table The statistics in this table were published in tables 5a and 7a in “Annual Industry Accounts: Revised Statistics for 2005-2007” in the December 2008 S u r v e y o f C u r r e n t B u s in e s s . Table E.1. Percent Changes in Chain-Type Quantity and Price Indexes for Value Added by Industry for 2005-2007 2005 1 Chain-type price indexes Chain-type quantity indexes Line 2006 2007 2005 2006 Chain-type price indexes Chain-type quantity indexes Line 2007 2005 2006 2007 2005 2006 2007 Gross domestic product....................................... 2.9 2.8 2.0 3.3 3.2 2.7 50 Finance, insurance, real estate, rental, and leasing 4.2 4.1 2.0 2.0 2.1 2.6 2 Private industries.......................................................... 3.5 3.1 2.1 2.8 3.0 2.5 51 7.7 6.3 0.1 1.2 0.9 2.8 3 4 5 Agriculture, forestry, fishing, and hunting............... Farm s.................................................................................... Forestry, fishing, and related activities......................... 8.5 9.1 -5.3 -6 .9 0.3 6.9 -13.6 9 ./ -1 6 .8 0.2 -2 .3 -3.7 - 6.0 4.1 29.1 37.4 2.9 7.2 1.2 - 1.6 3.5 3.4 -3 .7 3.4 6 -3.8 - 8.1 4.7 6.9 7.4 3.9 2.3 25.1 0.1 -3 .7 -3 .6 13.8 35.7 43.3 15.7 28.2 9.2 2.7 14.9 28.2 4.7 6.5 0.1 1.0 - 12.8 18.7 8.8 - 2.6 56 57 58 2.5 2.3 2.8 2.9 2.4 2.5 10 Real estate and rental and leasing....................... Real estate.......................................................... Rental and leasing services and lessors of intangible assets.............................................. 3.3 3.4 9 Mining......................................................................... Oil and gas extraction....................................................... Mining, except oil and gas............................................... Support activities for mining............................................ -4 .9 8.4 3.9 -2 2 .4 1.0 6.1 Finance and insurance......................................... Federal Reserve banks, credit intermediation, and related activities............................................... Securities, commodity contracts, and investments Insurance carriers and related activities............... Funds, trusts, and other financial vehicles........... Utilities....................................................................... -5.9 1.1 1.2 5.9 12.6 2.0 59 Professional and business services........................ 11 Construction.............................................................. -0.5 -4.1 -11.2 12.8 11.3 6.4 12 0.9 5.5 4.3 5.5 2.9 4.8 2.8 1.0 -0.4 - 2.2 Professional, scientific, and technical services Legal services..................................................... Computer systems design and related services.... Miscellaneous professional, scientific, and technical services............................................ 5.5 0.5 6.6 23 24 25 26 27 28 29 30 31 32 33 Manufacturing........................................................... Durable goods.................................................................... Wood products.............................................................. Nonmetallic mineral products..................................... Primary metals.............................................................. Fabricated metal products.......................................... M achinery....................................................................... Computer and electronic products........................... Electrical equipment, appliances, and com ponents............................................................... Motor vehicles, bodies and trailers, and parts....... Other transportation equipm ent................................ Furniture and related products.................................. Miscellaneous manufacturing..................................... Nondurable goods............................................................. Food and beverage and tobacco products............. Textile mills and textile product mills......................... Apparel and leather and allied products.................. Paper products............................................................... Printing and related support activities..................... Petroleum and coal products...................................... Chemical products....................................................... Plastics and rubber products..................................... 60 61 -24.1 -5 .6 - 2.1 34 Wholesale trade......................................................... 3.3 0.6 0.8 1.9 6.4 3.3 Retail trade................................................................. 8.9 5.6 4.5 -2.5 -0.5 -1.5 78 79 4.0 7.6 5.0 -0 .4 3.8 - 2.2 9.4 -0 .3 14.4 2.1 0.3 5.0 19.1 2.5 10.7 - 0.2 4.1 3.8 10.7 -9 .0 2.5 - 0.8 4.3 Other services, except government.......................... 82 Government................................................................... 2.0 0.7 0.8 3.4 3.3 -2 .9 4.0 1.7 -8 .7 7.1 5.4 2.5 3.8 -1 8 .8 7.6 - 0.2 2.1 2.8 3.2 3.4 3.1 36 3/ 38 39 40 41 42 43 44 Transportation and warehousing............................. Air transportation................................................................ Rail transportation............................................................. Water transportation.......................................................... Truck transportation........................................................... Transit and ground passenger transportation............. Pipeline transportation..................................................... Other transportation and support activities................. Warehousing and storage............................................... Accommodation and food services...................... Accommodation................................................... Food services and drinking places....................... 2.6 35 45 46 4/ 48 49 Information................................................................. Publishing industries (includes software).................... Motion picture and sound recording industries......... Broadcasting and telecommunications........................ Information and data processing services.................. 8.1 3.7 4.9 7.1 25.5 -3.3 - 0 .5 9.5 - 6.2 - 2.8 -2.3 7 8 13 14 15 16 17 18 19 20 21 22 0.1 -9 .5 2.5 5.7 22.3 - 1.0 2.5 10.4 7.6 2.5 -5 .0 -2 .3 1.3 -0 .3 - 1.6 2.1 8.7 10.1 ^ .0 9.6 10.8 8.1 6.1 2.8 - 0.8 -1 .7 7.4 14.2 4.8 6.7 25.0 3.5 19.9 2.1 - 12.8 12.4 15.3 5.7 3.3 4.5 -0 .3 4.7 -6 .7 - 2.0 -4 .5 6.1 -6 .3 - 2.6 - 1.6 -5 .8 - 12.2 11.6 17.9 0.3 0.4 -1 3 .6 2.4 6.3 -1 0 .4 -1 3 .2 8.6 3.0 2.9 - 6.1 3.5 2.1 2.5 - 1.0 - 0.8 0.4 2.1 7.8 4.5 1.2 - 3 .8 9.0 4.5 - 7 .2 3.2 - 9 .4 - 0.8 - 1.1 - 4 .3 - 0 .3 - 2.0 0.7 4.5 8.5 -1 1 .4 1.8 -0 .5 1.7 0.9 65.1 18.8 - 12.6 -1 7 .5 3.3 7.4 11.0 5.5 3.7 11.4 -1 2 .5 1.8 - 1.1 - 0.8 2.3 3.1 2.7 -7 .2 -0 .5 6.0 12.2 11.1 1.0 2.0 2.7 2.1 2.0 1.0 12.4 2.9 4.9 2.1 2.3 5.5 3.4 3.7 3.5 3.7 5.8 4.3 7.1 2.7 2.4 - 1.6 - 1.8 6.0 10.2 -0 .3 6.0 1.6 1.1 7.7 11.2 0.8 6.9 9.2 2.4 1.4 -0 .7 2.6 -1.4 -2.2 9.6 6.0 12.3 3.7 65 7.4 7.0 12.3 1.0 66 Administrative and waste management services Administrative and support services.................... Waste management and remediation services.... 2.1 1.6 1.8 2.1 - 6 .7 1.4 2.2 3.0 -4 .9 4.5 4.6 3.8 4.6 4.6 4.3 Educational services, health care, and social assistance.............................................................. -1 5 .5 67 6.0 2.8 3.2 2.1 2.9 2.5 3.8 1.0 69 Educational services............................................. -0.3 1.8 3.2 5.2 4.7 3.6 2.9 70 71 Health care and social assistance........................ Ambulatory health care services......................... Hospitals and nursing and residential care facilities............................................................ Social assistance................................................. 3.3 5.9 3.4 5.4 1.9 2.4 2.6 2.2 1.8 1.0 3.8 4.1 - 1.0 7.8 0.6 0.6 4.2 4.0 4.1 4.2 5.0 0.2 1.6 0.8 Arts, entertainment, recreation, accommodation, and food services.................................................. 2.1 3.4 4.1 1.7 3.5 3.8 4.1 1.9 3.1 3.2 3.6 4.6 3.7 0.2 4.5 1.9 3.6 2.8 5.0 2.3 0.8 2.1 3.7 5.5 2.9 4.0 3.7 4.1 4.3 5.5 3.7 -0.4 0.5 0.4 1.3 2.9 4.5 4.6 4.6 5.0 4.3 - 4 .4 0.6 2.1 0.1 77 -1 .9 73 0.8 74 0.4 - 1.0 15.9 2.2 -2 .4 2.2 20.8 4.8 6.9 3.7 1.9 - 3 .7 - 5 .6 2.6 7.0 - 11.0 0.7 1.0 2.2 Management of companies and enterprises........ 2.6 1.8 16.7 10.3 4.0 - 1 5 .6 64 3.8 4.4 21.0 1.0 0.2 1.0 -3.1 - 0 .4 - 3 .4 0.8 -2 4 .8 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assis tance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. 53 54 55 75 76 77 Arts, entertainment, and recreation...................... Performing arts, spectator sports, museums, and related activities............................................... Amusements, gambling, and recreation industries 0.8 - 1.6 2.8 3.3 1.7 83 84 85 Federal........................................................................ General government................................................ Government enterprises.......................................... 0.2 0.7 -2 .5 -0.1 - 0.1 - 0.2 0.6 0.7 -0 .3 4.5 5.5 - 2.2 5.3 5.1 86 State and local........................................................... General government................................................ Government enterprises.......................................... 0.9 0.8 0.9 1.7 0.8 4.5 4.6 2.3 0.1 1.6 2.8 4.3 4.2 5.0 4.4 4.5 3.8 4.3 4.3 3.7 0.6 - 0 .7 2.9 6.5 4.4 2.7 3.2 1.8 4.0 2.7 3.2 2.4 12.4 9.3 13.0 -4 .4 -4.1 - 8.0 87 88 89 90 91 Addenda: Private goods-producing industries1........................... Private services-producing industries2......................... Information-communications-technology-producing industries3............................................................... 2.6 6.1 3. Consists of computer and electronic products; publishing industries (includes software); information and data processing services; and computer systems design and related services. N o t e . Estimates in this table are based on the 1997 North American Industry Classification System (NAICS). D-58 April 2009 International Data F. Transactions Tables Selected U.S. international transactions tables are presented in this section. For BEA’s full set of detailed estimates of U.S. international transactions, visit BEA’s Web site at www.bea.gov. Table F.1. U.S. International Transactions in Goods and Services [Millions of dollars, monthly estimates seasonally adjusted] 2008 2007 Jan. Exports of goods and services.......................................... Feb. March April May June July Aug. 1,645,726 1,835,785 149,346 152,507 149,664 155,192 157,138 163,035 167,465 164,671 Goods............................................................................... 1,148,481 1,291,371 Foods, feeds, and beverages................................................. 84,264 108,418 Industrial supplies and materials........................................... 387,279 316,335 469,477 Capital goods, except autom otive........................................ 447,433 Automotive vehicles, parts, and engines............................ 121,045 120,935 Consumer goods (nonfood), except automotive................ 146,102 161,185 Other goods................................................................................. 53,237 47,300 Adjustments 1 ............................................................................. -1 3 ,9 9 9 -9,161 Services............................................................................ Travel............... Passenger fa re s ......................................................................... Other transportation................................................................. Royalties and license fees....................................................... Other private services.............................................................. Transfers under U.S. military agency sales contracts 2... U.S. Government miscellaneous services.......................... 2009 2008 497,245 96,712 25,586 51,586 82,614 223,483 16,052 1,212 544,414 110,469 31,638 59,407 88,212 238,334 15,115 1,239 104,598 108,009 104,941 8,521 9,005 9,491 31,824 29,778 31,598 39,404 39,358 37,858 10,283 10,781 9,398 13,273 13,356 12,578 4,134 4,591 4,530 -5 1 2 -7 9 6 -9 0 6 44,748 8,926 2,464 4,886 7,130 19,496 1,745 100 44,498 9,115 2,535 4,856 7,184 19,294 1,414 99 44,723 9,159 2,644 4,849 7,253 19,506 1,212 100 109,971 9,756 32,773 40,138 9,987 13,418 4,675 -7 7 6 378,130 76,167 28,486 67,050 25,048 144,375 32,820 4,184 Memoranda: Balance on goods........................................................................... Balance on services...................................................................... Balance on goods and services................................................. -8 1 9 ,3 7 3 119,115 -7 0 0 ,2 5 8 404,719 80,000 32,429 71,840 26,468 153,044 36,542 4,396 33,243 6,803 2,663 5,923 2,164 12,415 2,914 361 33,381 6,833 2,646 6,028 2,219 12,371 2,923 361 33,210 6,743 2,618 5,883 2,254 12,419 2,932 361 J a n .r Feb. *> 153,774 149,813 140,663 132,517 124,728 126,757 82,241 7,008 22,028 33,136 5,523 11,389 3,653 -4 9 7 84,691 7,278 22,170 33,306 5,994 12,708 3,892 -6 5 7 45,104 9,086 2,552 4,703 7,340 20,036 1,280 107 43,619 8,470 2,455 4,406 7,333 19,660 1,188 106 43,765 8,656 2,598 4,240 7,327 19,686 1,151 106 42,487 8,097 2,416 3,896 7,277 19,516 1,179 107 42,066 7,888 2,244 3,916 7,243 19,434 1,236 105 217,604 222,170 229,969 224,915 211,908 207,849 183,114 172,416 160,931 152,722 101 103 1,220 46,868 9,636 2,722 5,321 7,624 20,290 1,171 104 46,719 9,579 2,883 5,335 7,388 20,247 1,183 104 46,873 9,909 2,948 5,320 7,347 20,010 1,236 104 34,068 6,880 2,642 6,199 2,197 12,792 2,996 363 34,220 6,729 2,774 6,237 2,212 12,888 3,016 364 34,593 6,606 2,830 6,378 2,127 13,029 3,250 374 35,544 6,776 2,796 6,327 3,000 12,990 3,281 375 46,046 9,376 2,852 5,069 7,323 20,171 1,151 105 177,779 174,272 150,335 140,016 129,169 121,549 6,841 7,611 7,699 7,275 7,109 6,706 65,509 65,000 48,492 42,842 38,252 34,677 38,808 37,395 35,141 33,761 29,771 31,686 18,439 17,569 16,422 14,808 11,530 10,590 40,444 40,305 36,930 36,140 35,826 34,432 5,647 5,379 5,353 5,013 4,670 5,084 784 721 364 1,460 342 289 34,129 6,464 2,691 6,238 2,094 13,013 3,253 376 33,577 6,504 2,756 5,937 2,007 12,958 3,049 367 32,779 6,526 2,738 5,380 2,004 12,772 2,991 367 32,400 6,477 2,659 5,219 2,001 12,716 2,963 366 31,762 6,385 2,523 4,879 1,967 12,674 2,968 367 31,173 6,270 2,372 4,599 1,939 12,637 2,993 363 -8 2 0 ,8 2 5 -7 0 ,6 6 2 -7 2 ,9 9 8 -6 8 ,9 1 8 -7 3 ,4 6 5 -7 2 ,6 2 6 -7 1 ,7 8 3 -74,631 -7 1 ,5 7 3 -7 0 ,0 5 2 -6 9 ,5 6 3 -5 3 ,2 9 0 -5 1 ,2 6 5 -4 6 ,9 2 9 -3 6 ,8 5 8 11,117 139,695 11,505 11,513 11,646 12,160 12,648 12,126 11,329 11,917 11,527 10,840 11,365 10,725 10,893 -6 8 1 ,1 3 0 -5 9 ,1 5 7 -61,881 -5 7 ,4 0 5 -6 1 ,8 1 9 -6 0 ,4 6 6 -5 9 ,1 3 5 -6 2 ,5 0 5 -6 0 ,2 4 4 -5 8 ,1 3 5 -5 8 ,0 3 6 -4 2 ,4 5 0 -3 9 ,9 0 0 -3 6 ,2 0 4 -2 5 ,9 6 5 p Preliminary to prepare international and national accounts, r Revised 2. Contains goods that cannot be separately identified. 1. Reflects adjustments necessary to bring Census Bureau data in line with the concepts and definitions used by BEA Source: U.S. Bureau of Economic Analysis and U.S. Census Bureau. Dec. 88,752 6,878 22,727 36,029 7,708 12,289 3,991 -8 7 0 46,228 9,468 2,558 5,257 7,533 20,088 33,575 6,659 2,616 6,092 2,192 12,681 2,974 361 Nov. 97,044 7,581 27,281 36,557 8,965 13,081 4,504 -9 2 4 Goods............................................................................... 1,967,853 2,112,196 175,260 181,007 173,859 183,436 183,536 187,950 195,376 189,371 7,094 Foods, feeds, and beverages................................................. 81,683 89,005 7,196 7,101 7,392 7,653 7,513 7,557 7,806 Industrial supplies and materials........................................... 634,746 775,486 64,216 64,772 61,783 67,764 67,329 73,625 74,034 80,120 Capital goods, except autom otive......................................... 444,486 453,896 37,519 38,345 37,955 39,185 39,855 38,514 39,086 38,331 Automotive vehicles, parts, and engines............................. 258,920 233,546 21,201 22,767 20,272 21,447 20,444 20,503 20,416 19,258 Consumer goods (nonfood), except automotive............... 474,892 482,163 39,156 41,060 39,628 40,291 41,937 41,428 41,170 43,673 Other goods................................................................................. 62,234 66,033 5,281 5,210 5,624 5,535 5,766 5,563 5,661 6,001 10,892 794 1,657 1,584 Adjustments 1 ............................................................................. 12,068 1,590 754 707 1,028 646 Services............................................................................ Travel............... Passenger fares Other transportation Royalties and license fees....................................................... Other private services.............................................................. Direct defense expenditures 2 ............................................... U.S. Government miscellaneous services.......................... Oct. 110,910 116,167 120,746 117,798 107,728 104,709 9,554 10,294 10,254 10,064 8,907 8,113 34,227 36,762 38,318 31,557 37,431 33,005 39,466 40,624 41,527 42,350 38,156 38,011 10,173 10,751 12,115 10,430 10,289 10,053 13,414 14,126 13,472 14,876 13,991 13,311 4,621 4,368 4,484 4,604 4,359 4,376 -5 4 6 -7 5 8 -8 2 8 -1 ,0 7 3 -4 5 9 -7 1 3 45,221 9,089 2,427 5,164 7,431 19,846 1,163 Imports of goods and services........................................... 2,345,983 2,516,915 208,503 214,388 207,069 217,011 Sept. April 2009 Sur v ey of D-59 C u r r e n t B u sin ess Table F.2. U.S. International Transactions [Millions of dollars] Seasonally adjusted Not seasonally adjusted Line (Credits +; debits -) 2007 2007 2008 p III Current account 1 Exports of goods and services and income receipts................................ 2 Exports of goods and services............................................................................. Goods, balance of payments basis................................................................. 3 4 Services.............................................................................................................. 5 Transfers under U.S. military agency sales contracts............................... 6 Travel.............................................................................................................. 7 Passenger fares 8 Other transportation..................................................................................... 9 Royalties and license fees 10 Other private services 11 U.S. government miscellaneous services.................................................. 12 Income receipts 13 Income receipts on U.S.-owned assets abroad............................................. 14 Direct investment receipts........................................................................... 15 Other private receipts... 16 U.S. government receipts 17 Compensation of employees 18 Imports of goods and services and income payments............................. 19 Imports of goods and services............................................................................. 20 Goods, balance of payments basis 21 Services............................. 22 Direct defense expenditures 23 Travel............................. 24 Passenger fares........... 25 Other transportation ... 26 Royalties and license fees 27 Other private services.................................................................................. 28 U.S. government miscellaneous services.................................................. 29 Income payments................................................................................................... 30 Income payments on foreign-owned assets in the United States............... Direct investment payments........................................................................ 31 32 Other private payments................................................................................ U.S. government payments......................................................................... 33 34 Compensation of employees........................................................................... 35 Unilateral current transfers, net................................................................ 36 U.S. government grants.......................................................................................... 37 U.S. government pensions and other transfers.................................................. 38 Private remittances and other transfers.............................................................. Capital account 39 Capital account transactions, net............................................................. Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-))............................................................................ 41 U.S. official reserve assets.................................................................................... 42 Gold....................... 43 Special drawing rights 44 Reserve position in the International Monetary Fund................................... 45 Foreign currencies 46 U.S. government assets, other than official reserve assets.............................. 47 U.S. credits and other long-term assets......................................................... 48 Repayments on U.S. credits and other long-term assets............................ 49 U.S. foreign currency holdings and U.S. short-term assets......................... 50 U.S. private assets................................................................................................. Direct investment............................................................................................... 51 52 Foreign securities.............................................................................................. U.S. claims on unaffiliated foreigners reported by U.S. nonbanking 53 concerns......................................................................................................... 54 U.S. claims reported by U.S. banks, not included elsewhere....................... 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+))............................................. 56 Foreign official assets in the United States......................................................... 57 U.S. government securities 58 U.S. Treasury securities 59 Other.............................................................................................................. 60 Other U.S. government liabilities..................................................................... 61 U.S. liabilities reported by U.S. banks, not included elsewhere................... 62 Other foreign official assets Other foreign assets in the United States........................................................... 63 64 Direct investment............................................................................................... 65 U.S. Treasury securities.................................................................................... 66 U.S. securities other than U.S. Treasury securities....................................... 67 U.S. currency...................................................................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns......................................................................................................... 68 U.S. liabilities reported by U.S. banks, not included elsewhere................... 69 70 Financial derivatives, net.......................................................................... 71 Statistical discrepancy (sum of above items with sign reversed).............. 71a O f which: Seasonal adjustment discrepancy...................................................... Memoranda: 72 Balance on goods (lines 3 and 20)............................................................................ 73 Balance on services (lines 4 and 2 1 )....................................................................... 74 Balance on goods and services (lines 2 and 19).................................................... 75 Balance on income (lines 12 and 2 9 )....................................................................... 76 Unilateral current transfers, net (line 3 5 ).................................................................. 77 Balance on current account (lines 1,18, and 35 or lines 74, 75, and 7 6 )........... p Preliminary r Revised 2,463,505 1,645,726 1,148,481 497,245 16,052 96,712 25,586 51,586 82,614 223,483 817,779 814,807 368,275 444,299 2,233 2,972 -3,082,014 -2,345,984 -1,967,853 -378,130 -32,820 -76,167 -28,486 -67,050 -25,048 -144,375 -4,184 -736,030 -726,031 -134,414 -426,515 -165,102 -9,999 -112,705 -33,237 -7,323 -72,145 238,334 1,239 755,468 752,421 371,268 376,249 4,904 3,048 -3,144,807 -2,516,915 -2,112,196 -404,719 -36,542 -80,000 -32,429 -71,840 -26,468 -153,044 -4,396 -627,891 -617,605 -103,381 -346,954 -167,270 -10,286 -119,713 -34,603 -7,859 -77,251 13,018 21,588 58,084 309 213,647 212,901 95,105 117,275 521 746 -793,312 -603,246 -503,513 -99,733 -8,132 -21,916 -7,841 -17,476 -6,004 -37,294 -1,069 -190,066 -187,602 -34,800 -110,898 -41,904 -2,464 -27,693 -7,109 -1,260 -19,324 -1,843 -2,600 -617 -571 -1,289,854 -122 0 -154 1,021 -989 -22,273 -2,475 4,104 -23,902 -1,267,459 -333,271 -288,731 IVP 595,806 429,216 296,356 132,860 3,620 24,388 7,725 13,568 23,122 60,119 319 166,590 165,816 76,443 87,166 2,207 774 -700,990 -570,236 -473,276 -96,961 -9,003 -17,001 -7,647 -16,469 -6,645 -39,096 - 1,100 -130,754 -127,921 -8,416 -79,440 -40,065 -2,833 -29,275 -9,051 -2,627 -17,597 -633 676,958 478,512 315,351 130,826 4,371 24,152 7,077 14,277 -94,603 -8,769 -17,410 -7,277 -17,192 -6,428 -36,444 -1,083 -165,452 -162,938 -25,884 -94,302 -42,752 -2,514 -32,408 -9,990 -1,680 -20,738 341,526 136,985 3,554 29,112 7,732 15,673 22,387 58,219 308 198,446 197,679 103,541 93,412 726 767 -831,466 -661,838 -556,515 -105,323 -8,986 -23,084 -8,721 -18,773 -6,352 -38,320 -1,088 -169,628 -167,200 -38,122 -86,115 -42,963 -2,428 -28,214 -7,305 -2,014 -18,895 674,312 481,881 338,138 143,743 3,570 32,817 9,104 15,889 21,788 60,262 313 192,431 191,687 95,850 94,583 1,254 745 -845,279 -683,221 -575,389 -107,832 -9,784 -22,505 -8,784 -19,407 -7,043 -39,183 -1,125 -162,058 -159,547 -30,960 -87,097 -41,490 -2,511 -29,815 -8,257 -1,538 - 20,020 -600 -631 -735 -52,459 -179,448 -135,529 -272,093 -5 4 -22 -4,848 -276 98,197 -1,267 19,031 -179 0 287,925 132,908 3,881 29,159 6,868 0 0 20,916 59,735 299 198,001 197,238 95,434 101,088 716 763 -767,073 -601,621 -507,017 0 -106 -3 7 -3 5 -2 9 -3,473 230 112 285 -247 -272 -1,269 -359 -529,510 623 -22,744 3,265 -182 -279 -179 -2,139 2,327 780 1,546 487 -529,698 25 -24,011 2,957 481,899 -180,017 -112,763 -275,082 -317,835 -71,015 -92,678 -100,548 -4,202 -35,066 90,951 -100,317 -706 -644,751 283,765 425,018 2,057,703 411,058 230,330 58,865 171,465 5,342 108,695 66,691 1,646,645 237,542 156,825 573,850 -10,675 599,049 421,375 508,065 442,219 65,846 8,626 -153,656 58,340 177,674 325,254 307,631 -123,568 35,023 156,290 532,813 6,496 -41,287 -29,323 -337,343 n.a. 129,275 -819,373 119,115 -700,258 81,749 -112,705 -731,214 III r II 644,178 446,177 88,212 634,480 420,832 I 654,122 439,225 307,832 131,393 3,542 23,508 7,340 14,120 22,853 59,710 320 214,897 214,141 99,764 113,774 603 756 -797,288 -617,983 -522,612 -95,371 - 8,688 -17,024 -6,899 -17,101 -6,646 -37,931 -1,081 -179,305 -176,548 -25,536 -108,281 -42,731 -2,757 -30,171 -9,950 -2,746 -17,475 1,212 2,591,254 1,835,786 1,291,371 544,414 15,115 110,469 31,638 59,407 2007 2008 IV 80,012 100,043 81,848 -88,697 -115,926 -221,316 267,216 13,469 -7,708 -25,810 18,022 913 9,873 10,471 253,747 106,648 67,406 -30,486 655 377,162 145,497 54,837 42,728 12,109 4,132 52,537 33,991 231,665 52,506 60,059 110,489 -3,530 55,599 -111,846 53,925 123,987 5,942 -13,234 93,431 -54,491 2008 IV III I ' II' IV p III ' 638,393 650,808 651,416 671,888 678,258 424,873 435,465 451,517 475,365 485,911 295,494 303,180 317,548 337,048 346,272 129,378 132,285 133,969 138,318 139,639 3,542 4,371 3,554 3,570 3,881 28,864 25,241 26,499 27,200 28,193 6,530 7,259 7,643 7,707 8,683 15,724 13,790 14,591 15,743 13,081 22,587 22,057 21,940 21,817 21,568 58,297 58,396 59,058 60,226 60,428 309 320 299 308 313 213,520 215,343 199,900 196,523 192,347 212,774 214,587 199,137 195,756 191,603 95,708 94,953 100,259 97,346 101,612 93,412 117,275 113,774 101,088 94,583 546 554 703 732 1,312 767 746 756 763 745 -783,548 -788,264 -796,593 -825,091 -829,558 -592,986 -609,248 -629,960 -656,784 -666,792 -496,698 -512,099 -530,126 -554,922 -562,526 -96,288 -97,149 -99,834 -101,862 -104,267 -8,132 -9,784 - 8,688 -8,769 -8,986 -19,247 -19,533 -20,379 -20,268 -19,846 -8,317 -7,422 -7,364 -7,927 -8,032 -17,119 -17,142 -17,833 -18,528 -18,943 -6,637 -5,991 -6,599 -7,220 -6,155 -37,145 -37,350 -37,206 -38,361 -39,031 -1,088 -1,125 -1,069 -1,081 -1,083 -190,562 -179,016 -166,633 -168,307 -162,766 -188,045 -176,436 -164,074 -165,760 -160,222 -35,243 -25,424 -27,020 -36,682 -31,635 -110,898 -108,281 -94,302 -86,115 -87,097 -41,904 -42,731 -42,752 -42,963 -41,490 -2,517 -2,580 -2,559 -2,547 -2,545 -27,796 -29,784 -31,731 -29,034 -29,998 -7,109 -9,990 -7,305 -8,257 -9,950 -1,837 -1,849 -1,966 -1,969 -1,951 -18,850 -17,985 -19,790 -19,763 -19,772 -617 22,000 59,384 319 166,699 165,925 76,603 87,166 2,156 774 -693,564 -563,379 •464,624 -98,756 -9,003 -19,507 -8,153 -16,536 - 6,011 -38,446 - 1,100 -130,185 -127,550 -8,045 -79,440 -40,065 -2,636 -28,949 -9,051 -1,973 -17,925 -600 -631 -735 -633 102,406 -170,476 -153,757 -264,866 -5 4 -22 -3,126 -276 99,910 -1,267 28,056 -179 84,441 -3,126 -22 -3 0 -3 7 -2 5 -3 5 -2 9 112 -955 256 - 2,886 230 285 -247 -272 -290 -405 -215 -359 -41,592 -225,990 -265,193 623 -22,744 3,265 -182 -1,106 -465 -389 -279 -179 497 692 651 780 1,546 487 -40,983 -226,217 -265,455 25 -24,011 2,957 141,056 245,200 370,725 -171,045 -130,990 -267,855 -88,551 -61,382 -67,354 -62,043 -110,905 -93,321 -33,576 82,615 76,978 -100,317 -4,202 -35,066 0 0 0 -22 -3 0 -2 5 - 2,886 -955 256 -215 -290 -405 -41,592 -225,990 -265,193 -465 -389 -1,106 497 692 651 -40,983 -226,217 -265,455 142,769 254,226 352,760 -86,838 -52,356 -85,319 -33,576 82,615 76,978 0 0 0 49,324 213,859 89,523 134,444 63,070 298,031 49,324 213,859 89,523 134,444 63,070 298,031 459,399 25,630 173,533 145,391 167,883 151,288 88,649 58,143 79,234 93,145 1,645 2,439 -26,930 -30,055 30,935 21,719 285,866 -119,761 80,819 108,215 65,692 63,263 -20,475 17,068 -914 230 123,307 -9,287 116,078 -13,627 105,920 82,974 116,479 178,948 -10,559 -95,974 1,642 2,900 10,302 -106,973 7,472 -1,786 7,229 4,340 57,274 78,946 89,134 89,542 -91,398 -28,763 5,845 29,862 84,085 -54,350 71,053 -130,111 79,088 -256,616 -124,679 -35,136 -8,001 -2,519 -4,075 n.a. -23,403 62,045 63,254 41,973 0 -571 589,692 422,993 290,505 132,489 3,620 26,212 7,605 13,349 0 0 80,012 100,043 81,848 -88,697 -115,926 -221,316 266,476 13,469 -7,788 -25,810 18,022 913 9,873 10,471 253,007 105,908 67,406 -30,486 655 380,402 145,497 54,837 42,728 12,109 4,132 52,537 33,991 234,905 55,746 60,059 110,489 -3,530 55,599 -111,846 53,925 123,987 5,942 -13,234 71,627 -45,600 8,892 -21,805 460,105 23,208 173,533 145,391 167,883 151,288 88,649 58,143 79,234 93,145 1,645 2,439 -26,930 -30,055 21,719 30,935 286,572 -122,183 81,525 105,793 65,692 63,263 -20,475 17,068 -914 230 123,346 -7,611 116,078 -13,627 105,920 82,974 116,479 178,948 -10,559 -95,974 1,642 2,900 10,302 -106,973 7,472 -1,786 7,268 6,016 80,622 57,313 89,134 89,542 -91,398 -28,763 29,862 5,845 84,085 -54,350 71,053 -130,111 79,088 -256,616 -124,679 -35,136 -8,001 -2,519 -4,075 n.a. -9,729 62,269 34,706 56,625 14,652 13,673 223 -28,548 -820,825 -215,588 -214,780 -191,666 -214,988 -237,251 -176,919 -201,204 -208,919 -212,578 -217,874 -216,254 -174,119 31,662 139,695 33,175 36,023 36,223 35,911 35,899 33,090 35,136 34,135 36,455 35,372 33,733 -681,130 -182,414 -178,757 -155,443 -183,326 -201,340 -141,020 -168,114 -173,783 -178,443 -181,419 -180,882 -140,386 127,577 23,582 35,592 32,549 28,819 30,373 35,836 22,958 36,327 33,266 28,216 29,581 36,513 -119,713 -27,693 -30,171 -32,408 -28,214 -29,815 -29,275 -27,796 -29,784 -31,731 -29,034 -29,998 -28,949 -673,265 -186,525 -173,336 -155,302 -182,722 -200,782 -134,459 -172,952 -167,241 -176,909 -182,237 -181,299 -132,822 D-60 April 2009 International Data Table F.3. U.S. International Transactions, by Area—Continues [Millions of dollars] European Union Europe Line Euro area United Kingdom (Credits +; debits - ) 2 0 0 8 :ill' 2008:lll ' 2008:IV p 2008:IV p 2008:lll r 2008:IV p 2008: IV p 2 0 0 8 :lllr Current account 1 Exports of goods and services and income receipts............................................................. 2 Exports of goods and services.................................................................................................................... 235,323 208,945 200,533 180,759 132,993 121,844 55,576 48,002 143,659 130,466 120,827 111,817 82,434 76,145 29,669 27,277 3 Goods, balance of payments basis....................................................................................................... 82,296 73,415 67,567 62,564 50,289 47,154 12,909 11,170 4 5 S ervices........................................................................................................ ............................................... Transfers under U.S. military agency sales contracts.................................................................. 61,363 963 57,051 888 53,260 551 49,254 527 32,145 224 28,992 231 16,760 105 16,107 108 6 Travel........................................................................................................................................................ Passenger fares.................................................................................................................................... Other transportation............................................................................................................................. 12,502 3,583 5,679 8,572 2,680 5,035 11,550 3,311 4,991 7,884 2,474 4,458 6,718 2,017 2,853 3,862 1,113 2,563 4,005 1,130 1,304 3,363 1,150 1,131 Royalties and license fees................................................................................................................... Other private services.......................................................................................................................... U.S. government miscellaneous services...................................................................................... 12,889 25,659 13,628 26,158 90 10,421 22,366 70 11,036 22,801 73 7,631 12,649 52 8,068 13,103 52 2,122 88 2,242 8,094 19 Income receipts............................................................................................................................................... Income receipts on U.S.-owned assets abroad.................................................................................. Direct investment receipts................................................................................................................... Other private receipts........................................................................................................................... U.S. government receipts.................................................................................................................... Compensation of employees................................................................................................................... 91,664 91,546 43,696 47,018 832 117 78,479 78,364 35,397 41,261 1,706 115 79,706 79,610 35,987 42,888 735 95 68,942 68,849 29,977 37,301 1,571 93 50,559 50,505 28,590 21,195 720 53 45,699 45,648 24,814 19,561 1,273 51 25,906 25,879 5,842 18 Imports of goods and services and income payments.......................................................... -246,448 -202,965 -204,953 -168,025 -130,213 -105,822 -59,952 -49,634 19 Imports of goods and services.................................................................................................................... -163 ,782 -14 2 ,0 3 2 -13 5 ,7 9 0 -12 1 ,1 7 8 -9 5 ,7 1 3 -8 7 ,2 2 0 -2 8 ,5 8 5 -2 4 ,1 5 6 20 21 22 Goods, balance of payments basis....................................................................................................... -116 ,085 -1 0 0 ,3 3 4 -9 4 ,3 9 3 -8 5 ,3 6 5 -4 1 ,6 9 7 -3 ,5 7 6 -4 1 ,3 9 8 -3 ,4 4 6 -3 5 ,8 1 3 -3 ,1 7 6 -2 2 ,1 4 9 -2 ,6 1 3 -1 6 ,0 3 3 -1 2 ,5 5 2 -5 3 5 -1 3 ,0 7 3 -4 7 ,6 9 7 -3,881 -7 0 ,0 3 9 -2 5 ,6 7 4 -2 ,7 8 5 -65,0 71 Services....................................................................................................................................................... Direct defense expenditures............................................................................................................... -7 ,8 3 3 -4 ,5 0 4 -7 ,8 4 5 -4 ,4 7 8 -3 ,2 5 6 -6,501 -7 ,1 1 5 -4 ,2 9 6 -6 ,9 5 4 -4 ,1 2 3 -3 ,0 9 0 -5 ,6 9 0 -4 ,6 5 0 -2 ,6 3 6 -4 ,2 3 0 -2 ,7 2 7 -1 ,8 8 3 -3 ,4 3 9 -1 ,9 9 4 -1 ,3 1 3 -1,47 1 -1 ,1 0 7 -1 ,0 6 6 -1 ,1 7 8 7 8 9 10 11 12 13 14 15 16 17 8,080 14 20,022 15 27 20,725 20,698 4,039 16,393 266 27 -1 1 ,0 8 3 -5 0 5 23 24 25 Travel......................... Passenger fares..... Other transportation 26 27 28 Royalties and license fees Other private services.......................................................................................................................... U.S. government miscellaneous services...................................................................................... -4 ,0 1 7 -1 9 ,0 8 9 -5 2 8 -4 ,3 4 3 -19,011 -5 3 2 -3 ,1 0 4 -1 6 ,0 8 3 -4 0 0 -3 ,3 2 9 -1 5 ,9 9 6 -4 0 9 -2 ,0 0 7 -9 ,0 0 8 -3 5 9 - 2,200 -8 ,9 6 5 -3 2 2 -7 3 5 -6 ,4 6 4 -4 0 -7 4 8 -6 ,4 2 4 -5 5 29 30 31 32 33 34 Income paym ents............................................................................................................................................ Income payments on foreign-owned assets in the United States.................................................. Direct investment paym ents............................................................................................................... Other private payments........................................................................................................................ U.S. government payments Compensation of employees -8 2 ,6 6 6 -8 2 ,5 2 9 -2 3 ,7 1 5 -4 8 ,2 6 2 -1 0 ,5 5 2 -1 3 8 -6 0 ,9 3 3 -60,751 -7 ,9 3 8 -4 2 ,7 2 2 -10,091 -1 8 2 -6 9 ,1 6 3 -6 9 ,0 5 4 -1 7 ,5 7 4 -4 4 ,2 4 4 -7 ,2 3 6 -1 0 9 -3 4 ,5 0 0 -34,421 -7 ,6 3 4 -2 3 ,7 0 2 -3 ,0 8 5 -7 9 -1 8 ,6 0 2 -1 8 ,5 0 7 6,465 -2 2 ,0 9 0 -2 ,8 8 2 -9 5 -3 1 ,3 6 7 -3 1 ,3 4 2 -8 ,2 1 5 -1 9 ,4 9 7 -3 ,6 3 0 -2 5 -2 5 ,4 7 8 -2 5 ,4 4 8 -5 ,5 8 7 -1 6 ,1 1 7 -3 ,7 4 4 -3 0 35 Unilateral current transfers, net.. U.S. government grants............... 36 37 U.S. government pensions and other transfers...................................................................................... 38 Private remittances and other transfers..................................................................................................... -2,997 -5 6 0 -4 7 0 -1 ,9 6 7 -2,632 -7 0 7 -4 6 7 -1 ,4 5 8 -1,601 -4 9 -4 3 8 -1 ,1 1 4 -4 6 ,8 4 7 -4 6 ,7 0 8 -5 2 7 -3 9 ,1 0 5 -7 ,0 7 6 -1 4 0 -1,211 -2 8 -4 3 4 -7 4 9 -2,088 -1,917 -2 1 -1 0 0 0 -3 3 4 -1 ,7 3 3 -3 2 5 -1,581 -71 802 -7 1 1,015 -231 -234 -124 -125 -68 -69 -16 -16 -10,257 259,183 5,755 245,056 14,038 -109,676 -35,404 363,222 -3 6 5 -1 8 3 -291 -1 5 2 -291 -1 5 2 0 0 0 0 6,921 731 944 Capital account 39 Capital account transactions, net............................................................................................ Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow (-)) 41 42 41 44 4'i 0 0 0 0 46 47 48 49 U.S. official reserve assets........................................................................................................................... Gold................................................................................................................................................................ Special drawing rights....................................................... Reserve position in the International Monetary Fund Foreign currencies.............................................................. U.S. government assets, other than official reserve assets U.S. credits and other long-term assets....................... Repayments on U.S. credits and other long-term assets U.S. foreign currency holdings and U.S. short-term assets -3 6 5 -186 ,558 -3 7 106 -186 ,627 -1 8 3 -14 9 ,1 4 9 -291 -169 ,692 -66 -2 2 103 -1 4 9 ,1 8 6 49 -16 9 ,7 1 9 -1 5 2 -1 4 4 ,7 3 7 -5 8 7 -1 4 4 ,6 8 6 50 51 52 53 54 U.S. private asse ts......................................................................................................................................... Direct investment........................................................................................................................................ Foreign securities....................................................................................................................................... U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns.......................... U.S. claims reported by U.S. banks, not included elsewhere......................................................... 176,666 -3 7 ,3 8 2 66,785 123,148 24,115 408,515 -38,961 46,498 26,446 374,532 175,738 -3 3 ,0 3 4 64,296 123,950 20,526 -246,647 -1 0 3 ,2 2 5 n n 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+))................................................................................................................ -9,107 1,074 56 57 58 59 60 61 62 Foreign official assets in the United States............................................................................................. U.S. government securities..................................................................................................................... U.S. Treasury securities...................................................................................................................... O th er......................................................................................................................................................... Other U.S. government liabilities............................................................................................................ U.S. liabilities reported by U.S. banks, not included elsewhere..................................................... Other foreign official assets..................................................................................................................... 63 64 65 Other foreign assets in the United States................................................................................................. Direct investment........................................................................................................................................ U.S. Treasury securities........................................................................................................................... U.S. securities other than U.S. Treasury securities........................................................................... U.S. currency............................................................................................................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns....................... U.S. liabilities reported by U.S. banks, not included elsewhere..................................................... -10,181 51,625 23,427 -5 4 ,8 6 7 n.a. 63,862 -9 4 ,2 2 8 66 67 68 69 ( 1) ( 1) ( 1) 398 n n 0 1,092 0 ( ’) 0 0 -291 -1 5 2 -1 2 4 ,6 9 3 -1 1 6 ,6 0 3 -3 9 ,9 9 9 0 0 27 -1 2 4 ,7 2 0 7 -1 1 6 ,6 1 0 0 0 0 0 -3 9 ,9 9 9 6,921 389,945 -2 8 ,2 3 9 44,108 25,567 348,509 139,022 -2 9 ,1 5 5 38,705 58,281 71,191 7,079 -2 4 ,0 4 3 6,847 -4 9 ,6 3 6 73,911 4,595 -4 ,9 3 9 15,807 60,131 -6 6 ,4 0 4 356,301 -6 ,8 8 4 26,155 80,907 256,123 -31,631 -222,072 -26,155 14,596 5,037 -209,419 ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) 512 ( 2) ( 2) ( 2) 71 200 ( 2) ( 2) ( 2) 44 ( 2) ( 2) ( 2) ( 2) 305 ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) 131 ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) -1 4 3 ,4 2 2 69,038 20,432 17,391 n.a. -1 1 5 ,5 2 5 -1 3 4 ,7 5 8 ( 2) ( 2) ( 2) ( 2) 39,990 ( 2) -5 0 ,4 5 2 n.a. 64,242 2-8 5 ,7 1 6 60,164 ( 2) 5,301 n.a. -1 1 3 ,7 0 7 2-1 7 4 ,3 4 2 ( 2) ( 2) 24,841 ( 2) -4 4 ,8 0 7 n.a. -7 ,3 0 7 2 1,047 44,089 ( 2) -28,761 n.a. -9 ,7 5 8 28,826 18,607 ( 2) -3 ,3 9 7 n.a. 71,562 2-8 1 ,7 7 9 11,224 ( 2) 40,610 n.a. -1 0 3 ,8 3 4 2-1 5 7 ,5 5 0 70 Financial derivatives, net.......................................................................................................... -11,180 n.a. -9,461 n.a. 1,148 n.a. -10,318 n.a. 71 Statistical discrepancy (sum of above items with sign reversed)......................................... 44,898 -15,650 41,482 -34,382 10,344 81,043 44,346 -153,100 Memoranda: Balance on goods (lines 3 and 2 0 )................................................................................................................. Balance on services (lines 4 and 2 1 ) ............................................................................................................. Balance on goods and services (lines 2 and 1 9 ) ....................................................................................... Balance on income (lines 12 and 2 9 )............................................................................................................. Unilateral current transfers, net (line 3 5 ) ....................................................................................................... Balance on current account (lines 1 ,1 8 , and 35 or lines 7 4 ,7 5 , and 7 6 ) ............................................ -3 3 ,7 8 9 13,666 -2 0 ,1 2 3 8,997 -2 ,9 9 7 -1 4 ,1 2 3 -2 6 ,9 1 9 15,353 -1 1 ,5 6 6 17,546 -2 ,6 3 2 3,348 -2 6 ,8 2 6 11,862 -1 4 ,9 6 4 10,543 -1,601 - 6,021 -2 2 ,8 0 2 13,441 -9,361 22,095 - 1,211 11,523 -1 9 ,7 5 0 6,471 -1 3 ,2 7 9 16,059 -2 ,0 8 8 692 -1 7 ,9 1 7 6,843 -1 1 ,0 7 4 27,096 -1 ,9 1 7 14,106 -3 ,1 2 3 4,208 1,084 -5,461 731 -3 ,6 4 5 -1 ,9 0 3 5,024 3,121 -4 ,7 5 3 944 72 73 74 75 76 77 p Preliminary r Revised (*) Transactions are less than $500,000 (+/-) 1. Details not shown separately; see totals in lines 56 and 63. -688 2. Details not shown separately are included in line 69. 3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific. April 2009 Sur v ey of D-61 C u r r e n t B u sin ess Table F.3. U.S. International Transactions, by Area—Continues [Millions of dollars] Latin America and Other Western Hemisphere Canada Line (Credits +; debits - ) Mexico Asia and Pacific Australia 2008:IV p 2008;I I I ' 2 0 0 8 :lllr 2008:IV p 2008:lll r 2008; IV p 2008:lll r 2008; IV p 2008:lll r 2008; IV p Current account 1 Exports of goods and services and income receipts............................................................. 2 Exports of goods and services................................................................................................................... 91,843 80,648 143,913 128,132 50,657 45,966 152,779 129,666 13,764 12,169 78,665 68,847 103,359 93,220 46,843 43,381 123,924 104,639 9,270 8,328 3 Goods, balance of payments basis...................................................................................................... 66,959 58,357 78,732 69,550 40,526 36,950 88,057 72,151 5,876 5,101 4 5 S ervices....................................................................................................................................................... Transfers under U.S. military agency sales contracts.................................................................. 11,706 137 10,490 141 24,627 167 23,670 6,432 3 35,867 918 32,488 958 3,394 84 3,227 201 6,318 4 6 Travel........................................................................................................................................................ Passenger fa re s .................................................................................................................................... Other transportation............................................................................................................................. 3,465 1,075 1,007 7,211 2,113 2,036 6,417 2,236 1,696 1,824 554 451 1,980 548 370 8,014 2,015 5,456 5,946 1,823 4,502 904 209 123 701 195 115 Royalties and license fees.................................................................................................................. Other private services.......................................................................................................................... U.S. government miscellaneous services...................................................................................... 1,448 4,553 1,835 11,233 52 5,280 14,074 5,594 13,545 120 635 1,433 5 693 1,428 110 13,178 13,137 6,830 6,307 11,801 11,764 5,829 5,935 0 0 12 37 57 9 2,584 2,575 1,541 1,034 (*) 9 28,855 28,750 17,520 11,138 92 105 25,028 24,922 13,344 11,206 372 105 4,494 4,487 2,030 2,457 41 34,912 34,855 14,347 20,445 62 57 472 3,003 9 3,814 3,805 2,801 1,003 8 Income receipts............................................................................................................................................... Income receipts on U.S.-owned assets abroad................................................................................. Direct investment receipts.................................................................................................................. Other private receipts U.S. government receipts Compensation of employees. 1,707 11,340 53 40,554 40,497 18,888 21,597 509 3,013 22 2,577 809 876 1,557 4,512 18 3,841 3,834 1,547 2,248 39 7 18 Imports of goods and services and income payments.......................................................... -104,641 -80,908 -151,941 -125,578 -65,062 -57,313 -260,032 -236,034 -7,174 -4,908 -4 ,2 0 7 7 8 9 10 11 12 13 14 15 16 17 1 0 7 88 8 19 Imports of goods and services.................................................................................................................... -9 8 ,5 0 7 -7 6 ,0 3 9 -1 2 2 ,6 2 4 -9 9 ,8 2 8 -6 1 ,3 8 2 -5 3 ,9 3 6 - 2 2 2 ,7 2 0 -2 0 3 ,2 3 2 -4 ,8 0 8 20 21 22 Goods, balance of payments basis...................................................................................................... -9 1 ,1 0 4 -7 0 ,7 3 2 -10 4 ,7 0 7 -8 2 ,7 4 7 -5 7 ,4 4 5 -5 0 ,0 6 3 -1 9 7 ,2 2 2 -1 7 8 ,0 7 9 -3 ,0 5 6 -2 ,4 4 0 Services....................................................................................................................................................... Direct defense expenditures............................................................................................................... -7 ,4 0 4 -5 ,3 0 7 -6 5 -1 7 ,9 1 8 -1 1 5 -17,081 -9 1 -3 ,9 3 7 -3 ,8 7 3 -2 -2 -2 5 ,4 9 8 -2 ,0 4 4 -2 5 ,1 5 3 -1 ,7 6 6 -1 ,7 5 2 -3 9 -1 ,7 6 8 -4 0 23 24 25 Travel........................................................................................................................................................ Passenger fa re s ....... Other transportation. -2 ,9 1 4 -1 2 5 -1 ,3 1 5 -1 ,0 8 4 -1 ,1 3 2 -6 ,5 6 2 -9 3 4 -2 ,0 9 7 -5 ,9 1 2 -1 ,1 2 7 -1 ,7 3 2 -2 ,3 8 0 -2 4 2 -3 5 0 -2 ,4 7 2 -1 8 3 -2 7 4 -4 ,0 3 7 -2 ,7 9 4 -6 ,5 5 0 -4 ,6 0 3 -2 ,8 5 4 -5 ,6 7 0 -291 -2 9 0 -6 5 -3 5 9 -2 6 7 -8 5 26 27 28 Royalties and license fees Other private services U.S. government miscellaneous services...................................................................................... -1 4 5 -2,721 -1 1 6 -1 4 6 -2,681 -9 7 -1 0 6 -7 ,9 4 4 -1 5 9 -10 2 -2 9 -8 8 5 -4 9 -2 8 -7 ,9 6 6 -151 -866 -4 9 -1 ,7 9 4 -8 ,1 0 6 -1 7 2 -1 ,9 6 9 -8 ,1 0 9 -181 -1 1 9 -9 2 9 -1 9 -1 2 7 -8 7 2 -1 8 29 30 31 32 33 34 Income payments........................................................................................................................................... Income payments on foreign-owned assets in the United States.................................................. Direct investment paym ents............................................................................................................... Other private payments....................................................................................................................... U.S. government payments................................................................................................................ Compensation of employees -6 ,1 3 3 - 6,001 -2 ,2 6 6 -3 ,3 9 5 -3 4 0 -1 3 3 -4 ,8 7 0 -4 ,7 3 5 -1 ,1 4 5 -3 ,3 4 6 -2 4 4 -1 3 5 -2 9 ,3 1 7 -2 7 ,3 0 6 -1 ,2 0 5 -2 1 ,5 9 4 -4 ,5 0 7 - 2,011 -2 5 ,7 5 0 -2 3 ,6 6 7 380 -1 9 ,8 0 6 -4,24 1 -2 ,0 8 3 -3 ,6 8 0 -1 ,7 1 3 -3 1 6 -6 5 9 -7 3 8 -1 ,9 6 7 -3 ,3 7 7 -1 ,3 6 9 -6 1 -641 -6 6 7 -2 ,0 0 7 -3 7 ,3 1 3 -3 7 ,1 0 5 -2 ,8 8 0 -9 ,9 2 6 -2 4 ,2 9 9 -2 0 8 -3 2 ,8 0 2 -3 2 ,4 2 0 -2 ,3 6 7 -2 ,3 6 3 - 1,220 -8 9 9 -2 4 4 -4 -7 0 0 -6 9 5 400 -8 7 8 -2 1 7 -5 35 Unilateral current transfers, net 36 U.S. government grants.... 37 U.S. government pensions and other transfers...................................................................................... 38 Private remittances and other transfers.................................................................................................... -416 -326 -€8 -10 2 1,002 -9 ,7 0 5 -2 3 ,7 1 7 -3 8 2 -8,329 -7 7 4 -2 0 7 -7 ,3 4 8 -3,320 -31 -7 5 -3 ,2 1 4 -3,385 -2 7 -7 6 -3 ,2 8 2 -5,269 -1 ,6 1 6 -2 3 7 -3 ,4 1 6 -5,448 -2 ,1 2 6 -2 3 5 -3 ,0 8 6 -59 0 -1 6 6 -1 6 0 -8,147 -7 2 6 -2 0 6 -7 ,2 1 5 -16 0 -1 6 6 -2 5 0 0 -2 1 0 -2 2 5 -3 7 38 30 -49 -39 -26 -25 -276 -280 -8 -8 -8,245 3,590 19,992 -79,105 -2,197 1,096 3,362 -79,143 2,406 -3,994 0 0 0 0 0 0 0 0 0 0 0 0 ^0 0 -3 2 0 0 0 0 -4 0 -3 2 (*) 1 0 0 1 34 -5 0 60 24 163 -7 175 -5 11 0 10 1 17 -3 9 ,4 6 5 -1 2 ,8 3 6 -2 1 13 4 153 -3 9 ,5 9 7 -1 1 6 ,2 2 2 -2 2 5 290 -1 1 6 ,2 8 7 - 10,000 0 0 0 - 10,000 0 0 -1 2 ,8 3 6 3,589 -3 ,7 3 9 6,588 2,113 -1 ,3 7 3 19,958 -7 ,2 3 4 -2 2 ,3 4 0 -3 5 ,3 5 6 84,888 -7 9 ,2 6 8 - 11,666 3,608 37,457 -1 0 8 ,6 6 7 -2 ,2 0 8 -2 ,1 5 3 862 186 -1 ,1 0 3 1,079 -1 ,0 7 8 1,087 613 457 42,867 -7 ,5 3 2 28,285 1,527 20,587 37,111 -5 ,1 0 3 15,968 -2 ,5 3 0 28,776 12,406 -1 ,1 5 2 7,823 359 5,376 8,842 1,390 1,273 -1 ,6 9 0 7,869 225 1,507 ( 1) ( 1) ( ’) 23 ( ’) ( ’) -1 ,2 8 2 1,581 ( 1) 1,878 n.a. ( 1) 2,356 19,929 -1 4 ,2 4 7 n -3,841 6,844 127,737 177,894 -6,453 8,324 ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) 113,680 ( ’) (') 84,180 ( 1) ■H ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) 123 ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) 244 ( 2) ( 2) ( 2) 606 ( 2) 231 n.a. -1,421 2— 3,257 ( 2) -691 ( 2) -1 ,5 1 6 n.a. -1 ,0 4 2 2 10,095 ( 2) 1,608 ( 2) -2 ,3 6 2 n.a. -1 6 2 2-5 ,6 6 0 ( 2) 671 ( 2) -1 ,4 7 2 n.a. 77 28,804 Capital account 39 Capital account transactions, net............................................................................................ Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow (-)) 41 42 43 44 45 U.S. official reserve assets........................................................................................................................... Gold............................................................................................................................................................... 46 47 48 49 U.S. government assets, other than official reserve assets U.S. credits and other long-term assets......................... Repayments on U.S. credits and other long-term assets U.S. foreign currency holdings and U.S. short-term assets 50 51 52 53 54 U.S. private assets................................................................... Direct investment.................................................................. Foreign securities................................................................. U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns.......................... U.S. claims reported by U.S. banks, not included elsewhere......................................................... Foreign currencies................................................................ 0 0 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+ ))................................................................................................................ (*) -8 ,2 4 6 -2 ,5 3 6 5,447 620 -1 1 ,7 7 7 56 57 58 59 60 61 62 Foreign official assets in the United S tate s............................................................................................. U.S. government securities U.S. Treasury securities O ther........................... Other U.S. government liabilities U.S. liabilities reported by U.S. banks, not included elsewhere..................................................... Other foreign official assets..................................................................................................................... 63 64 65 Other foreign assets in the United States................................................................................................. Direct investment........................................................................................................................................ U.S. Treasury securities........................................................................................................................... U.S. securities other than U.S. Treasury securities........................................................................... U.S. currency............................................................................................................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns....................... U.S. liabilities reported by U.S. banks, not included elsewhere..................................................... ( ') ( ’) -2 0 ,2 8 7 883 (') -1 ,3 8 9 n.a. (') -8 ,7 5 8 -4 4 ,8 5 9 9,513 -9 ,1 1 7 ( ’) (') ( 1) 30 ( ’) ( ') 18,630 -621 ( 1) -5 0 ,2 0 7 n.a. ( 1) 54,623 70 Financial derivatives, net.......................................................................................................... -2,375 n.a. 10,332 n.a. 71 Statistical discrepancy (sum of above items with sign reversed)......................................... 44,263 -3,260 -34,030 75,406 ( 3) 23,789 Memoranda: Balance on goods (lines 3 and 2 0 )................................................................................................................. Balance on services (lines 4 and 2 1 ) ............................................................................................................. Balance on goods and services (lines 2 and 1 9 ) ....................................................................................... Balance on income (lines 12 and 2 9 )............................................................................................................. Unilateral current transfers, net (line 3 5 ) ....................................................................................................... Balance on current account (lines 1 ,1 8 , and 35 or lines 7 4 ,7 5 , and 7 6 ) ............................................ -2 4 ,1 4 5 4,302 -1 9 ,8 4 3 7,045 -4 1 6 -1 3 ,2 1 3 -1 2 ,3 7 4 5,183 -7,191 6,931 -3 2 6 -5 8 6 -2 5 ,9 7 4 6,709 -1 9 ,2 6 5 11,237 -8 ,1 4 7 -1 6 ,1 7 4 -1 3 ,1 9 7 6,590 -6 ,6 0 8 9,161 -8 ,3 2 9 -5 ,7 7 5 -1 6 ,9 1 9 2,381 -1 4 ,5 3 9 134 -3 ,3 2 0 -1 7 ,7 2 5 66 6/ 68 69 72 73 74 75 76 77 p Preliminary r Revised (*) Transactions are less than $500,000 (+/-) 1. Details not shown separately; see totals in lines 56 and 63. -20,468 -181 ( ') ( 1) ( 1) 12 0 n 47 ( ’) 0 34,176 2,911 n -1 ,0 1 5 n.a. 0 0 -2 0 732 ( ’) n 14,057 1,935 n -3 2 ,5 1 0 n.a. 0 40,101 0 0 ( ') 1,631 ( ’) n 93,714 8,942 ( 1) 2,850 n.a. ( 1) 42,218 ( 3) 6,816 -891 n.a. 1,758 n.a. -17,409 13,344 -4 ,2 7 7 -11,525 -1 3 ,1 1 3 2,559 -1 0 ,5 5 5 -7 9 2 -3 ,3 8 5 -1 4 ,7 3 2 -10 9 ,1 6 5 10,369 -9 8 ,7 9 6 -8 ,4 5 8 -5 ,2 6 9 -11 2 ,5 2 3 -1 0 5 ,9 2 8 7,335 -9 8 ,5 9 3 -7 ,7 7 5 -5 ,4 4 8 -11 1 ,8 1 5 2,820 1,642 4,462 2,128 -1 6 6,574 2,661 1,460 4,121 3,141 -5 9 7,203 2. Details not shown separately are included in line 69. 3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific. D-62 International Data April 2009 Table F.3. U.S. International Transactions, by Area—Table Ends [Millions of dollars] China Line India Japan Middle East Africa (Credits +; debits - ) 2 0 0 8 :lllr 2008: IV p 2008:I I I r 2008: IV p 2008:lll r 2008: IV p 2008:lll r 2008:IV p 2008:lll r 2008:IV p Current account 1 Exports of goods and services and income receipts............................................................. 2 Exports of goods and services.................................................................................................................... 24,791 21,941 9,492 6,809 35,092 32,057 23,065 23,095 13,411 11,415 22,589 20,173 8,707 6,014 28,533 25,440 20,015 20,909 11,018 9,879 3 4 5 Goods, balance of payments basis....................................................................................................... 18,219 16,449 5,875 3,900 17,318 14,617 14,227 15,751 7,867 7,132 Services....................................................................................................................................................... Transfers under U.S. military agency sales contracts.................................................................. 4,370 3,724 2,114 0 11,215 133 10,823 139 5,788 1,131 5,158 1,163 3,151 0 2,832 9 220 2,748 217 6 Travel........................................................................................................................................................ Passenger fares Other transportation 830 272 817 493 209 654 881 343 180 495 248 118 3,142 1,187 2,715 1,028 980 1,036 167 794 537 89 674 589 151 357 313 Royalties and license fees Other private services.......................................................................................................................... U.S. government miscellaneous services 614 1,829 646 1,715 7 266 1,138 15 291 937 15 1,814 3,884 36 1,926 3,993 42 265 2,375 290 2,384 197 1,617 20 22 20 216 1,557 17 2,192 1,557 620 15 1,769 1,759 1,145 607 7 785 780 407 367 6,558 6,537 2,132 4,366 39 6,617 6,596 1,726 4,642 228 2,393 2,373 1,663 438 272 1,536 1,516 1,099 387 30 10 5 22 22 3,050 3,023 2,447 560 16 26 2,187 2,161 1,627 523 10 795 790 407 380 3 5 26 20 20 -112,212 -103,496 -10,134 -9,935 -54,718 -49,610 -42,084 -28,983 -34,883 -22,189 7 8 9 10 11 12 13 14 15 16 17 Income receipts.......................................................... Income receipts on U.S.-owned assets abroad Direct investment receipts.............................. Other private receipts........................................................................................................................... U.S. government receipts.................................................................................................................... Compensation of employees................................................................................................................... 18 Imports of goods and services and income payments.......................................................... 8 2,202 6 10 1,020 11 339 88 19 Imports of goods and services.................................................................................................................... -9 8 ,7 7 0 -8 9 ,9 2 8 -9 ,6 6 2 -9 ,4 1 6 -4 1 ,1 1 4 -3 8 ,1 3 2 -3 9 ,2 3 5 -2 6 ,3 8 0 -3 4 ,3 9 3 -2 1 ,7 6 3 20 21 22 Goods, balance of payments basis....................................................................................................... -9 6 ,2 0 4 -8 7 ,4 2 4 -6 ,6 9 3 -6 ,2 1 4 -34,321 -31,481 -3 3 ,6 9 7 -2 1 ,1 8 6 -3 2 ,5 7 5 -2 0 ,1 9 8 S ervices....................................................................................................................................................... Direct defense expenditures............................................................................................................... -2 ,5 6 6 -4 -2 ,5 0 4 -3 -2 ,9 7 0 -5 -3 ,2 0 3 -5 -6 ,7 9 3 -4 6 4 -6 ,6 5 2 -4 5 0 -5 ,5 3 9 -3,571 -5 ,1 9 4 -3 ,4 0 9 -1 ,8 1 7 -1 0 5 -1 ,5 6 5 -9 6 23 24 25 Travel......................................................................................................................................................... Passenger fa re s ..................................................................................................................................... Other transportation -5 7 0 -1 8 4 -1 ,0 0 8 -6 2 9 -1 9 9 -8 6 3 -3 9 2 -1 0 6 -1 0 8 -6 6 7 -5 0 -8 9 -1 ,0 2 4 -3 5 6 -1 ,9 3 4 -9 2 7 -4 3 3 -1 ,6 5 7 -471 -3 0 9 -4 1 3 -4 0 9 -2 1 6 -3 6 6 -688 -1 1 8 -1 5 3 -5 1 5 -9 2 -1 3 4 26 27 28 Royalties and license fees Other private services U.S. government miscellaneous services...................................................................................... -4 7 -7 4 4 -9 -4 5 -7 5 5 -2 5 -2 ,3 2 7 -7 -2 4 -2,36 1 -7 -1 ,4 9 2 -1 ,4 9 3 -3 0 -1 ,6 6 2 -1 ,4 9 2 -3 0 -7 4 -6 3 2 -6 9 -7 2 -6 6 0 -6 2 -5 -6 7 6 -7 2 -6 5 2 -7 0 29 30 31 32 33 34 Income payments........................................................................................................................................... Income payments on foreign-owned assets in the United States.................................................. Direct investment paym ents............................................................................................................... Other private paym ents....................................................................................................................... U.S. government payments................................................................................................................ Compensation of employees................................................................................................................... Unilateral current transfers, net................................................................................................ U.S. government grants................................................................................................................................. U.S. government pensions and other transfers...................................................................................... Private remittances and other transfers..................................................................................................... -13,4 42 -1 3 ,3 5 3 -2 3 -1 ,5 0 5 -1 1 ,8 2 5 -9 0 -1 3 ,5 6 9 -1 3 ,4 4 5 -4 7 2 -4 3 6 -2 2 5 -10 2 -1 3 ,6 0 4 -13,581 -1 ,2 3 5 -4,00 1 -8 ,3 4 5 -2 3 -1 9 4 -2 6 2 -1 3 -4 2 7 -3 9 5 -5 -1 4 2 -2 4 8 -3 1 -671 -4 -742 -3 3 0 0 -1,017 - 1,200 -2 -6 -6 -6 9 -8 -8 -7 0 6 -6 6 5 -7 0 3 -5 7 3 -6 9 95 110 -3,244 -2 ,8 4 7 -3 9 -3 5 8 -2,441 -1 ,3 0 3 -2 -2 ,8 4 9 -2 ,8 4 0 194 -1,64 1 -1 ,3 9 3 -9 -2,242 -1 ,8 4 6 -31 -3 6 5 -2 ,6 0 3 -2 ,5 8 4 352 -1 ,5 4 6 -1 ,3 9 0 -1 9 -712 -1 1 ,4 7 8 -1 1 ,4 3 7 526 -4 ,0 5 4 -7 ,9 0 9 -4 1 41 -4 9 0 -4 7 8 -1 ,4 5 0 -1 1 ,9 7 3 -1 2 4 -5 1 9 -4 4 0 -2 2 3 -9 4 -1 2 3 -7 9 -595 -1 6 -1 ,1 3 0 191 -47 -48 -52 -54 1 1 -91 -92 -126 -18 6,299 1,632 -1,377 925 -9,845 -77,818 4,092 3,083 14,784 -381 0 0 0 0 0 0 0 0 ^0 0 -3 2 0 0 0 0 0 0 0 0 45 17 35 -3 2 -9 3 ,0 9 0 0 21 0 20 0 -4 0 -2 9 ,6 2 2 0 25 28 0 0 0 0 32 -5 35 13 -3 2 5 342 -4 -1 3 -6 1 48 35 36 37 38 -1 1 -2 2 -1 0 9 -3 6 26 -2 2 -6 Capital account 39 Capital account transactions, net............................................................................................. Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow (-)) 41 42 43 44 45 46 47 48 49 U.S. official reserve assets........................................................................................................................... Gold................................................................................................................................................................ Special drawing rights............................................................................................................................... Reserve position in the International Monetary F u n d ...................................................................... Foreign currencies...................................................................................................................................... U.S. government assets, other than official reserve assets................................................................ U.S. credits and other long-term assets............................................................................................... Repayments on U.S. credits and other long-term assets................................................................ U.S. foreign currency holdings and U.S. short-term assets............................................................ 36 9 -4 10 -8 50 51 52 53 54 U.S. private asse ts......................................................................................................................................... Direct investment........................................................................................................................................ Foreign securities....................................................................................................................................... U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns.......................... U.S. claims reported by U.S. banks, not included elsewhere......................................................... 6,254 -3 ,1 8 6 240 27 9,173 1,615 -8 ,2 1 6 1,690 209 7,932 -1 ,4 1 2 -5 0 3 1,135 -6 9 -1 ,9 7 5 905 -5 7 5 828 144 508 -2 9 ,6 2 2 19,817 5,513 7,625 45 6,634 -9 3 ,0 9 0 15,304 55 Foreign-owned assets in the United States, excluding financial derivatives (increase/ financial inflow (+))................................................................................................................ 0 11 -7 31 -1 3 2 0 5,264 -1 ,7 7 6 9,128 4,081 -7 9 5 2,250 -7 0 5 3,331 3,051 -4 6 8 2,238 -591 1,872 14,771 - 1,101 1,773 14,013 -3 6 8 -2 ,6 1 7 637 168 1,444 2,688 86 130,481 101,479 3,288 11,647 9,858 39,846 15,208 13,524 -16,559 4,161 56 57 58 59 60 61 62 Foreign official assets in the United States U.S. government securities..... U.S. Treasury securities...... O ther........................................ Other U.S. government liabilities U.S. liabilities reported by U.S. banks, not included elsewhere..................................................... Other foreign official assets..................................................................................................................... ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) 78 ( 2) ( 2) 12,978 ( 1) 63 64 65 Other foreign assets in the United States................................................................................................. Direct investment........................................................................................................................................ U.S. Treasury securities........................................................................................................................... U.S. securities other than U.S. Treasury securities........................................................................... U.S. currency............................................................................................................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns....................... U.S. liabilities reported by U.S. banks, not included elsewhere..................................................... ( 2) 124 ( 2) -6 ,9 3 4 n.a. 642 2 136,649 ( 2) -5 9 ( 2) -1 ,4 2 4 n.a. -6 3 3 2 103,595 ( 2) 341 ( 2) -9 7 n.a. ( 2) 7,869 ( 2) 4,605 n.a. -1 ,3 3 6 228,630 2,230 -1 ,1 7 5 ( ’) 800 n.a. -10 22,984 ( 2) 214 ( 2) -2 8 n.a. -5 6 2 11,486 322 11,046 ( ') ( 1) ( ’) 67 n ( 1) 2,478 -1 ,1 5 0 ( ') -1 4 0 n.a. ( 1) 164 2,494 (') ( ’) C) 57 ( 1) ( 1) -1 9 ,0 5 3 27 ( 1) -2 ,5 7 7 n.a. ( ') -1 6 ,5 6 9 1,976 ( 1) ( ') ( ') 51 ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) 31 ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) (2) ( 2) 70 ( 2) ( 2) 70 Financial derivatives, net.......................................................................................................... ( 3) -48,600 ( 3) -20,836 ( 3) -475 ( 3) -8,797 -2,784 n.a. 55,483 ( 3) -7,384 n.a. 22,371 ( 3) 2,051 137 71 Statistical discrepancy (sum of above items with sign reversed)......................................... 25,676 8,030 Memoranda: Balance on goods (lines 3 and 2 0 ).................................................................................................................. Balance on services (lines 4 and 2 1 ) ............................................................................................................. Balance on goods and services (lines 2 and 1 9 ) ....................................................................................... Balance on income (lines 12 and 2 9 )............................................................................................................. Unilateral current transfers, net (line 3 5 ) ....................................................................................................... Balance on current account (lines 1 ,1 8 , and 35 or lines 7 4 ,7 5 , and 7 6 )............................................ -77,9 85 1,804 -76,181 -1 1 ,2 4 0 -7 1 2 -8 8 ,1 3 3 -7 0 ,9 7 5 -6 9 ,7 5 5 -1 1 ,8 0 0 -671 -8 2 ,2 2 6 -8 1 7 -1 3 8 -9 5 5 313 -7 4 2 -1 ,3 8 4 -2 ,3 1 3 -1 ,0 8 9 -3 ,4 0 2 276 -5 9 5 -3 ,7 2 2 -1 7 ,0 0 3 4,422 -12,581 -7 ,0 4 6 26 -19,601 -1 6 ,8 6 3 4,171 -1 2 ,6 9 2 -4 ,8 6 0 41 -17,511 -1 9 ,4 6 9 250 -1 9 ,2 2 0 -5 ,4 3 5 -3 6 -5,471 -4 1 7 -3 ,2 4 4 -9,13 1 -2 4 ,7 0 8 1,334 -2 3 ,3 7 5 1,903 -2,44 1 -2 3 ,9 1 3 -1 3 ,0 6 6 1,183 -1 1 ,8 8 3 1,109 -1 ,0 1 7 -11,7 91 66 67 68 69 72 73 74 75 76 77 p Preliminary r Revised (*) Transactions are less than $500,000 (+/-) 1. Details not shown separately; see totals in lines 56 and 63. 0 0 1,220 0 ( 2) -2 1 ( 2) (2) ( 2) 554 ( 2) -1 3 ,7 9 0 n.a. 1,429 221,686 0 (') 116 n V) 0 200 -2 ,2 4 2 -21,261 ( ') ( ’) 2,185 95 ( 1) -8 2 0 n.a. ( 1) 965 2. Details not shown separately are included in line 69. 3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific. April 2009 Su r v ey of D-63 C u r r e n t B usin ess Table F.4. Private Services Transactions [Millions of dollars] Not seasonally adjusted 2007 Line 2008 p 2007 III Seasonally adjusted 2007 2008 IV I II III r IVP III 2008 IV I r II r III r IV P 1 Exports of private services.................................................. 479,980 528,060 128,718 127,532 126,156 133,123 139,859 128,922 125,188 128,423 129,299 134,455 135,756 128,550 Travel (table F.2, line 6) ................................................................... Passenger fares (table F.2, line 7 ) ............................................... Other transportation (table F.2, line 8) ........................................ Freight............................................................................................. Port services................................................................................ 96,712 25,586 51,586 19,596 31,990 110,469 31,638 59,407 21,950 37,457 29,159 13,018 4,951 8,067 23,508 7,340 14,120 5,338 8,782 24,152 7,077 14,277 5,370 8,907 29,112 7,732 15,673 5,655 10,018 32,817 9,104 15,889 5,787 10,101 24,388 7,725 13,568 5,138 8,430 25,241 6,530 13,081 4,964 8,117 26,499 7,259 13,790 5,264 8,526 27,200 7,643 14,591 5,498 9,093 28,193 7,707 15,743 5,597 10,145 28,864 8,683 15,724 5,793 9,931 26,212 7,605 13,349 5,061 8,288 Royalties and license fees (table F.2, line 9 ).............................. By type: 1 Industrial processes 2 ........................................................... O th e r 3 ....................................................................................... By affiliation: U.S. parents’ receipts from their foreign affiliates........... U.S. affiliates’ receipts from their foreign parent groups U.S. receipts from unaffiliated foreigners......................... 82,614 88,212 21,588 22,853 20,916 22,387 21,788 23,122 21,940 21,817 21,568 22,587 22,057 22,000 37,441 45,172 39,379 48,833 10,177 11,411 9,864 12,989 9,373 11,543 10,027 12,360 9,981 11,807 9,998 13,124 10,177 11,763 9,864 11,953 9,373 12,195 10,027 12,560 9,981 12,076 12,002 54,726 4,154 23,733 56,774 4,037 27,401 14,354 1,123 6,111 15,223 1,052 6,578 13,771 914 6,230 14,502 1,016 6,869 13,907 1,046 6,834 14,594 1,060 7,468 14,537 1,123 6,280 14,603 1,052 6,162 14,228 914 6,426 14,577 1,016 6,994 14,026 1,046 6,985 13,944 1,060 6,996 Other private services (table F.2, line 1 0 ).................................. By type : 1 Education.................................................................................. Financial services.................................................................. Insurance services................................................................. Telecommunications............................................................... Business, professional, and technical services.............. Other services 4...................................................................... By affiliation: U.S. parents’ receipts from their foreign affiliates........... U.S. affiliates’ receipts from their foreign parent groups U.S. receipts from unaffiliated foreigners......................... 223,483 238,334 58,084 59,710 59,735 58,219 60,262 60,119 58,396 59,058 58,297 60,226 60,428 59,384 15,732 58,266 10,286 8,283 107,675 23,241 16,753 58,241 11,248 9,716 120,008 22,368 4,386 15,567 2,676 2,128 27,260 6,067 2,970 15,833 2,706 2,109 29,639 6,453 6,865 15,398 2,575 2,179 26,678 6,040 2,038 15,619 2,824 2,377 30,345 5,015 4,681 14,117 2,890 2,529 30,288 5,757 3,169 13,107 2,958 2,632 32,696 5,556 3,962 15,567 2,676 2,128 27,996 6,067 4,025 15,833 2,706 2,109 27,932 6,453 4,093 15,398 2,575 2,179 28,013 6,040 4,149 15,619 2,824 2,377 30,241 5,015 4,224 14,117 2,890 2,529 30,911 5,757 4,287 13,107 2,958 2,632 30,843 5,556 49,238 24,052 150,193 52,225 24,657 161,452 12,515 5,626 39,944 13,428 6,512 39,770 12,532 5,500 41,702 13,076 6,216 38,927 13,158 5,834 41,269 13,458 7,107 39,553 12,804 6,031 39,561 12,976 5,897 40,185 12,969 5,755 39,573 12,720 6,379 41,127 13,409 6,255 40,763 13,126 6,268 39,990 23 Imports of private services................................................... 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 6,868 9,998 341,126 363,781 90,532 85,602 84,751 95,249 96,922 86,858 87,087 87,380 89,982 91,789 93,357 88,653 24 25 26 27 28 Travel (table F.2, line 2 3 )................................................................. Passenger fares (table F.2, line 2 4 )............................................. Other transportation (table F.2, line 2 5 )...................................... Freight............................................................................................ Port services................................................................................ 76,167 28,486 67,050 45,576 21,474 80,000 32,429 71,840 45,199 26,642 21,916 7,841 17,476 11,848 5,628 17,024 6,899 17,101 11,304 5,797 17,410 7,277 17,192 11,061 6,131 23,084 8,721 18,773 11,649 7,123 22,505 8,784 19,407 11,879 7,527 17,001 7,647 16,469 10,609 5,860 19,247 7,422 17,119 11,656 5,463 19,533 7,364 17,142 11,314 5,828 20,379 7,927 17,833 11,438 6,395 20,268 8,032 18,528 11,480 7,049 19,846 8,317 18,943 11,642 7,300 19,507 8,153 16,536 10,639 5,897 29 Royalties and license fees (table F.2, line 2 6 )........................... By type : 1 Industrial processes 2 ........................................................... Other 3 ...................................................................................... By affiliation: U.S. parents’ payments to their foreign affiliates............ U.S. affiliates’ payments to their foreign parent groups U.S. payments to unaffiliated foreigners........................... 25,048 26,468 6,004 6,646 6,428 6,352 7,043 6,645 6,155 5,991 6,637 6,599 7,220 6,011 18,093 6,955 18,194 8,275 4,348 1,656 4,646 2,001 4,676 1,753 4,633 1,719 4,300 2,743 4,585 2,060 4,460 1,694 4,156 1,836 4,826 1,811 4,816 1,783 4,421 2,799 4,130 1,881 2,233 17,420 5,396 2,369 17,474 6,626 636 4,017 1,351 515 4,736 1,396 546 4,459 1,423 574 4,338 1,439 671 . 4,034 2,338 577 4,643 1,425 636 4,167 1,351 515 4,081 1,396 546 4,667 1,423 574 4,586 1,439 671 4,211 2,338 577 4,009 1,425 Other private services (table F.2, line 2 7 ).................................. By type : 1 Education................................................................................. Financial services.................................................................. Insurance services................................................................. Telecommunications............................................................... Business, professional, and technical services.............. Other services 4...................................................................... By affiliation: U.S. parents’ payments to their foreign affiliates............ U.S. affiliates' payments to their foreign parent groups U.S. payments to unaffiliated foreigners........................... 144,375 153,044 37,294 37,931 36,444 38,320 39,183 39,096 37,145 37,350 37,206 38,361 39,031 38,446 4,523 18,928 42,761 7,334 68,763 2,065 4,647 18,757 44,479 7,413 75,337 2,411 1,523 4,727 11,113 1,908 17,460 562 978 4,973 11,050 1,847 18,553 530 883 4,847 11,187 1,779 17,133 615 1,180 4,884 10,615 1,870 19,104 667 1,556 4,676 11,278 1,870 19,226 577 1,028 4,349 11,400 1,894 19,874 551 1,140 4,727 11,113 1,908 17,694 562 1,129 4,973 11,050 1,847 17,820 530 1,145 4,847 11,187 1,779 17,633 615 1,156 4,884 10,615 1,870 19,169 667 1,162 4,676 11,278 1,870 19,467 577 1,184 4,349 11,400 1,894 19,067 551 36,545 20,518 87,312 42,050 18,408 92,586 9,302 5,046 22,945 10,166 5,218 22,547 9,100 4,445 22,899 10,885 4,595 22,840 10,649 4,715 23,819 11,416 4,653 23,027 9,536 5,046 22,562 9,434 5,218 22,698 9,601 4,445 23,160 10,950 4,595 22,816 10,890 4,715 23,426 10,609 4,653 23,184 20,951 11,619 20,744 12,313 5,532 2,988 5,314 3,069 4,681 3,097 5,280 3,094 5,354 3,074 5,429 3,048 5,532 2,988 5,314 3,069 4,681 3,097 5,280 3,094 5,354 3,074 5,429 3,048 74,245 31,697 19,454 7,577 19,093 7,616 19,094 7,713 17,719 7,844 18,615 7,993 18,816 8,147 19,454 7,577 19,093 7,616 19,094 7,713 17,719 7,844 18,615 7,993 18,816 8,147 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Supplemental detail on insurance transactions: 45 Premiums received 5 46 Actual losses p aid ... 47 Premiums paid 5...... 48 Actual losses recoveied Memoranda: 49 Balance on goods (table F.2, line 7 2 ) .............................................. 50 Balance on private services (line 1 minus line 2 5 )....................... 51 Balance on goods and private services (lines 53 and 54) 74,848 30,430 -8 1 9 ,3 7 3 -8 2 0 ,8 2 5 -2 1 5 ,5 8 8 -21 4 ,7 8 0 -1 9 1 ,6 6 6 -21 4 ,9 8 8 -237,251 -17 6 ,9 1 9 -2 0 1 ,2 0 4 -2 0 8 ,9 1 9 -2 1 2 ,5 7 8 -2 1 7 ,8 7 4 -2 1 6 ,2 5 4 -1 7 4 ,1 1 9 164,279 42,667 39,897 138,854 38,186 41,930 41,405 37,874 42,937 42,064 38,101 39,316 42,398 41,043 -6 8 0 ,5 1 9 -6 5 6 ,5 4 6 -17 7 ,4 0 2 -1 7 2 ,8 5 0 -150,261 -1 7 7 ,1 1 5 -1 9 4 ,3 1 4 -1 3 4 ,8 5 6 -1 6 3 ,1 0 3 -16 7 ,8 7 6 -1 7 3 ,2 6 2 -1 7 5 ,2 0 8 -1 7 3 ,8 5 5 -1 3 4 ,2 2 2 p Preliminary r Revised 1. Royalties and license fees and “other private sen/ices" by detailed type of service include both affiliated and unaffil iated transactions. 2. Includes royalties, license fees, and other fees associated with intangible assets, including patents, trade secrets, and other proprietary rights, that are used in connection with the production of goods. 3. Includes royalties, license fees, and other fees associated with copyrights, trademarks, franchises, rights to broad cast live events, software licensing fees, and other intellectual property rights. 4. Other services receipts (exports) include mainly film and television tape rentals and expenditures of foreign resi dents temporarily working in the United States. Payments (imports) include mainly expenditures of U.S. residents tempo rarily working abroad and film and television tape rentals. 5. These reflect the amount of premiums explicitly charged by, or paid to, insurers and reinsurers. D-64 April 2009 G. Investment Tables Table G.1. International Investment Position of the United States at Yearend, 2006 and 2007 [Millions of dollars] Changes in position in 2007 Attributable to Line Type of investment Position, 2 0 0 6 ' Valuation adjustments Financial flows (a) Position, 2 0 0 7 p Other changes 5 (c) Price changes Exchange-rate changes' (d) N et international investm ent position o f the U nited S tates (lines 2+3).......................... Financial derivatives, net (line 5 less line 2 5 ) 3 .............................................................................. Net international investment position, excluding financial derivatives (line 6 less line 26).. -2,225,804 59,836 -2,28 5,640 U.S.-owned assets abroad (lines 5 + 6 ).......................................................................................... Financial derivatives (gross positive fair v alu e)........................................................................ U.S.-owned assets abroad, excluding financial derivatives (lines 7+ 1 2 + 1 7 )..................... 14,381,297 1,238,995 13,142,302 U.S. official reserve assets.............................................................................................................. Gold.............................. Special drawing rights Reserve position in the International Monetary Fun d ......................................................... Foreign currencies........................................................................................................................ 219,853 165,267 8,870 5,040 40,676 U.S. government assets, other than official reserve asse ts................................................... U.S. credits and other long-term assets 7 .............................................................................. Repayable in dollars................................................................................................................ O th e r 8 ........................................................................................................................................ U.S. foreign currency holdings and U.S. short-term assets............................................... 72,189 71,635 71,362 273 554 22,273 -1 ,6 2 9 -1 ,6 2 9 U.S. private asse ts............................................................................................................................ Direct investment at current cost............................................................................................... Foreign securities.......................................................................................................................... Bonds.......................................................................................................................................... Corporate stocks...................................................................................................................... U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns............. U.S. claims reported by U.S. banks, not included elsewhere............................................ 12,850,260 2,935,977 5,604,475 1,275,515 4,328,960 1,163,102 3,146,706 1,267,459 333,271 288,731 170,708 118,023 706 644,751 Foreign-ow ned assets in the United States (lines 25+26)............................................... Financial derivatives (gross negative fair value)............................................................................. Foreign-owned assets in the Unites States, excluding financial derivatives (lines 27+34).. 16,607,101 1,179,159 15,427,942 (3) (3) (3) 2,057,703 (3) 93,931 Foreign official assets in the United States..................................................................................... U.S. government securities............................................................................................................. U.S. Treasury securities............. O th e r............................................... Other U.S. government liabilities 9 U.S. liabilities reported by U.S. banks, not included elsewhere............................................. Other foreign official assets............ 2,825,628 2,167,112 1,558,317 608,795 18,682 297,012 342,822 411,058 230,330 58,865 171,465 5,342 108,695 66,691 84,554 73,387 54,397 18,990 Other foreign assets.............................. Direct investment at current cost... U.S. Treasury securities.................. U.S. securities other than U.S. Treasury securities.................................................................. Corporate and other bonds....... Corporate stocks.......................... U.S. currency....................................................................................................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns.............. U.S. liabilities reported by U.S. banks, not included elsewhere............................................. 12,602,314 2,151,616 567,885 5,372,361 2,824,879 2,547,482 282,627 797,495 3,430,330 1,646,645 237,542 156,825 573,850 391,440 182,410 -1 0 ,6 7 5 156,290 532,813 138,344 18,628 22,362 97,354 -5 ,8 6 7 103,221 Memoranda: Direct investment abroad at market valu e................................................................................................. Direct investment in the United States at market value......................................................................... 4,454,635 3,293,739 333,271 237,542 108,353 6,264 p Preliminary r Revised * Less than $500,000 (+/-) .... Not applicable 1. Represents gains or losses on foreign-currency-denominated assets and liabilities due to their revaluation at current exchange rates. 2. Includes changes in coverage due to year-to-year changes in the composition of reporting panels, primarily for bank and nonbank estimates, and to the incorporation of survey results. Also includes capital gains and losses of direct invest ment affiliates and changes in positions that cannot be allocated to financial flows, price changes, or exchange-rate changes. 3. Financial flows and valuation adjustments for financial derivatives are available only on a net basis, which is shown on line 2; they are not separately available for gross positive fair values and gross negative fair values of financial deriva tives. Consequently, columns (a) through (d) on lines 4 ,5 , and 24,2 5 are not available. 4. Data are not separately available for the three types of valuation adjustments; therefore, the sum of all three types is shown in column (d). Price changes result from changes in the value of derivatives contracts due to changes in the value -774,345 -6 ,4 9 6 -7 6 7 ,8 4 9 197.683 (4) 197.683 438.711 (4) 438.711 Total (a+b+c+d) -78,074 430,189 -1 0 8 ,2 6 3 -216,025 23,693 -2 3 9 ,7 1 8 -2,441,829 83,529 -2 ,5 2 5 ,3 5 8 (3) (3) 17,639,954 2,284,581 15,355,373 1,289,854 420,581 516,968 -1 4 ,3 3 2 3,258,657 1,045,586 2,213,071 122 0 52,758 4,478 5 52,758 0 60 0 0 0 57,358 52,758 606 -7 9 6 4,790 277,211 218,025 9,476 4,244 45,466 9 9 9 22,282 -1 ,6 2 0 -1 ,6 2 0 23,902 94,471 70,015 69,742 273 24,456 2,133,431 396,851 1,044,211 202,572 841,639 12,925 679,444 14,983,691 3,332,828 6,648,686 1,478,087 5,170,599 1,176,027 3,826,150 3,474,682 1,021,893 2,452,789 20,081,783 2,201,052 17,880,731 511,402 335,719 139.048 196,671 5,342 108,695 61,646 3,337,030 2,502,831 1,697,365 805,466 24,024 405,707 404,468 14,543,701 2,422,796 734,776 6,132,438 3,299,325 2,833,113 271,952 959,544 4,022,195 5,147,952 3,523,600 (3) 154 452 225 3,801 - 1,021 989 0 0 23,902 367,823 25,579 342,244 3,918 338,326 222,898 (*) 512,490 69,631 413,236 27,946 385,290 12,329 17,294 78,257 -14,3 41 -3 1 ,6 3 0 0 0 0 -110 17,399 15,790 32,002 25,786 6,216 0 0 11,167 -1 6 ,2 1 2 52.974 52.974 78,141 11,075 -1 2 ,2 9 6 35.899 35.899 6,895 14,453 -1 ,1 3 6 44,599 1,941,387 271,180 166,891 760,077 474,446 285,631 -1 0 ,6 7 5 162.049 591,865 267,198 -1 5 ,5 0 5 -1 3 ,9 4 5 693,317 229,861 78,257 3,935 0 0 of their underlying assets or reference rates, which may arise from movements in interest rates, stock prices, commodity prices, or other variables. Exchange-rate changes result from the revaluation of foreign-currency-denominated derivatives contracts at current exchange rates. “Other changes” can result when data on investment positions that had accumulated in prior periods are covered by a new or more complete survey. 5. Reflects changes in the value of the official gold stock due to fluctuations in the market price of gold. 6. Reflects changes in gold stock from U.S. Treasury sales of gold medallions and commemorative and bullion coins; also reflects replenishment through open market purchases. These demonetizations/monetizations are not included in international transactions financial flows. 7. Also includes paid-in capital subscriptions to international financial institutions and outstanding amounts of miscella neous claims that have been settled through international agreements to be payable to the U.S. government over periods in excess of 1 year. Excludes World War I debts that are not being serviced. 8. Includes indebtedness that the borrower may contractually, or at its option, repay with its currency, with a third country’s currency, or by delivery of materials or transfer of services. 9. Primarily U.S. government liabilities associated with military sales contracts and other transactions arranged with or through foreign official agencies. April 2009 Su r v e y of D-65 C u r r e n t B u s in ess Table G.2. U.S. Direct Investment Abroad: Selected Items, by Country and by Industry of Foreign Affiliate, 2004-2007 [Millions of dollars] 2004 All countries, all Industries........................................... 2005 2006 Income without current-cost adjustm ent 1 Capital outflows without current-cost adjustment (inflows(-)) Direct investment position on a historical-cost basis 2007 2004 2006 2005 2004 2005 2006 2007 221,664 313,787 228,165 271,877 308,963 348,791 2,160,844 2,241,656 2,454,674 214,931 231,836 1,210,679 230,045 257,058 24,005 13,556 8,135 22,772 22,835 20,712 23,226 21,685 1,341,116 1,551,165 137,319 -2 9 ,0 3 5 131,430 197,254 114,349 136,038 156,299 176,881 62,003 96,243 71,065 280,514 115,216 375,348 427,397 68,454 107,351 87,023 370,160 127,709 398,836 -1 ,1 5 6 7,978 -15,041 -1 9 ,2 8 4 -8 ,5 4 5 6,269 5,249 5,361 17,587 40,832 11,234 15,252 4,730 8,291 14,572 73,324 11,916 31,181 5,172 6,488 14,227 30,132 14,494 16,258 4,475 6,875 17,082 33,888 15,341 22,836 6,577 8,405 17,757 38,360 13,435 27,176 6,414 9,944 19,386 41,770 16,950 29,635 471,953 6,988 9,073 8,781 31,455 12,235 42,359 32,418 74 40,638 33,718 38,419 48,049 57,752 66,689 134,613 33,090 83,219 90,060 148,633 41,552 91,663 90,803 4,365 2,644 8,435 10,131 - 1,000 1,400 9,596 -1 2 ,5 8 6 18,899 61 8,777 236 6,961 4,114 8,815 -961 10,086 2,624 7,102 7,322 11,547 3,554 8,634 9,239 14,482 5,666 9,363 10,264 16,785 8,324 11,370 11,439 6,030 2,791,269 294,905 15,369 2007 By country of foreign affiliate C anada...................................................................................................... Europe............... ....................................................................................... 1,180,130 O f which: France .............................................................................................. Germany.......................................................................................... Ireland.............................................................................................. Netherlands.................................................................................... Switzerland..................................................................................... United Kingdom............................................................................. 63,359 79,467 72,907 219,384 121,790 330,416 351,709 60,526 100,473 55,173 240,205 100,692 351,513 379,582 Latin America and Other Western Hemisphere.............................. Bermuda.......................................................................................... B razil................................................................................................ Mexico............................................................................................. United Kingdom Islands, Caribbean........................................ 100,856 29,485 63,384 82,159 113,222 30,882 73,687 83,164 Africa......................................................................................................... 20,356 22,756 25,074 27,764 1,611 2,564 2,873 2,003 4,256 5,282 6,040 Middle East............................................................................................... 18,963 21,115 25,540 29,370 2,538 3,785 6,184 3,683 4,253 5,110 6,213 7,437 Asia and Pacific...................................................................................... 374,754 375,689 405,502 453,959 97,013 24,426 32,405 54,357 44,053 56,688 59,433 70,071 (D) 75,669 36,415 81,175 76,390 68,484 41,019 92,383 78,436 79,027 47,431 101,607 82,623 (D) -7 9 4,133 10,115 2,772 9,296 5,392 15,586 6,141 5,227 4,822 9,527 8,619 6,269 5,056 10,803 15,809 7,355 6,049 8,715 14,738 7,905 8,502 8,313 18,315 O f which: O f which: Australia........................................................................................... Hong Kong...................................................................................... Japan................................................................................................ Singapore....................................................................................... 32,735 71,005 61,076 (D) (D) 12,787 (D) 4,688 5,940 3,206 By industry of foreign affiliate Mining........................................................................................................ 102,495 109,280 129,625 147,319 18,185 12,015 19,547 16,335 17,789 24,559 31,073 31,585 Manufacturing.......................................................................................... Foo d ..................................................................................................... Chemicals............................................................................................ Primary and fabricated metals....................................................... Machinery............................................................................................ Computers and electronic products.............................................. Electrical equipment, appliances, and components................. Transportation equipment................................................................ Other manufacturing......................................................................... 416,643 28,220 101,794 24,917 21,613 53,084 13,905 53,156 119,955 430,737 27,638 106,975 23,013 26,433 50,773 15,449 50,739 129,716 466,688 30,202 108,567 25,372 32,248 58,800 17,172 52,888 141,438 531,315 33,766 117,963 28,685 37,063 69,912 18,429 65,053 160,444 63,429 867 13,397 3,240 3,771 10,890 664 2,269 28,332 28,121 1,171 3,911 -7 0 3 2,077 3,607 1,662 -2 5 0 16,645 46,719 2,623 9,846 4,235 3,644 13,256 1,709 55,249 1,142 10,527 10,204 4,260 7,415 1,836 11,768 15,634 46,486 3,906 12,083 2,351 2,214 6,791 1,231 4,230 13,679 46,896 3,558 13,056 1,815 2,253 7,714 1,703 1,936 14,862 55,465 4,024 14,561 2,481 3,182 10,003 1,791 3,911 15,514 65,127 4,210 16,580 3,203 5,334 9,926 1,516 5,370 18,989 Wholesale trade...................................................................................... 122,719 132,915 158,090 183,038 19,002 12,517 20,124 26,385 23,389 24,494 28,108 30,238 Information................................................................................................ 56,698 102,848 93,355 111,866 -3 5 7 2,831 -4 ,7 7 3 19,120 9,261 10,832 10,728 13,376 Depository institutions (banking)........................................................ 61,948 66,707 91,768 -2 ,3 2 9 -4,751 1,301 164 -5 0 9 435,256 463,981 531,933 51,201 13,079 -3 ,3 9 5 23,295 17,755 Finance (except depository institutions) and insurance............... 70,205 497,266 35,324 27,477 27,911 32,520 420 40,137 1,201 2,668 Professional, scientific, and technical services............................... 53,964 57,164 69,118 63,791 12,380 -2 ,0 5 5 10,167 10,256 6,805 9,272 10,191 8,367 Holding companies (nonbank)............................................................ 760,656 710,386 794,586 927,578 117,214 -66,351 96,794 115,260 79,844 109,566 122,785 136,875 Other industries...................................................................................... 150,466 167,640 175,741 202,661 16,180 19,964 13,187 18,103 15,813 18,184 18,601 22,666 D Suppressed to avoid disclosure of data of individual companies. 1. For 2004 and 2005, income without current-cost adjustment is presented net, or after the deduction, of U.S. and foreign withholding taxes. For 2006 and 2007, it is presented gross, or before the deduction, of U.S. and foreign withholding taxes. N o t e . The data in this table are from tables 15 and 16 in “U.S. Direct Investment Abroad Tables” in the September 2008 S urvey of C urrent B u siness . D-66 International Data April 2009 Table G.3. Selected Financial and Operating Data of Nonbank Foreign Affiliates of U.S. Companies by Country and by Industry of Affiliate, 2006 All nonbank foreign affiliates Majority-owned nonbank foreign affiliates Millions of dollars Total assets Net income Sales Millions of dollars U.S. exports of goods shipped to affiliates U.S. imports of goods shipped by affiliates Thousands of employees Total assets Sales Net income Value added U.S. exports of goods shipped to affiliates U.S. imports of goods shipped by affiliates Thousands of employees 11,539,657 4,731,350 705,766 234,558 302,173 10,935.4 10,756,346 4,123,547 644,290 995,638 226,261 280,348 9,497.8 804,274 7,180,683 518,822 2,381,964 50,410 388,077 74,286 55,653 64,008 (D) 1 , 100.0 4,502.4 784,732 6,819,419 499,579 2,140,026 48,933 363,746 114,247 540,683 72,776 54,066 96,656 62,927 1,081.9 4,082.6 293,556 504,223 996,367 2,832,181 1,580,460 198,406 327,394 227,673 584,486 554,644 9,566 17,364 89,751 52,822 127,735 5,220 5,965 13,655 51,050 651.3 649.2 225.9 1,299.2 2,205.0 275,992 456,294 953,604 2,778,740 1,421,498 186,270 286,134 166,379 555,092 476,244 8,260 14,382 86,361 50,002 115,665 50,013 85,285 26,610 154,818 105,370 4,544 7,004 8,190 13,583 48,725 5,056 5,801 4,520 11,855 61,365 590.5 592.1 213.0 1,191.3 1,847.8 122,118 175,810 135,947 127,153 1,711,140 112,657 181,710 83,185 81,485 1,111,249 6,059 11,377 16,712 17,697 105,135 4,162 38,367 1,518 1,071 50,981 452.2 1,091.7 186.8 103.1 2,838.1 110,822 144,342 127,916 71,845 1,530,935 106,130 148,406 77,908 32,907 896,883 5,420 8,639 15,700 6,902 93,344 24,900 28,353 38,569 13,450 183,319 3,929 36,468 1,405 824 48,465 2,494 45,254 3,723 2,139 53,538 429.5 889.8 158.5 Australia............................................................ China................................................................. India................................................................... Japan................................................................. 217,737 93,101 31,566 618,763 119,538 111,869 24,022 296,800 15,059 9,785 1,787 14,187 4,718 312.2 696.3 238.0 590.6 205,166 82,712 25,438 540,648 99,106 93,570 20,364 188,014 14,338 8,515 1,510 10,181 39,040 18,413 5,294 39,380 4,659 3,402 565 11,372 2,281 5,241 436 1,450 277.2 588.7 By industry of affiliate Mining......................................................................... Utilities........................................................................ Manufacturing........................................................... 518,141 100,685 1,851,232 (D) (D) 135,406 155,023 230,544 191.3 50.2 5,203.8 438,168 79,771 1,603,501 198,321 45,247 1,865,257 48,779 1,914 112,900 129,703 11,168 455,497 16,399 2,167,695 (D) (D) 148,440 210,508 167.7 46.1 4,536.3 122,497 460,276 83,141 114,078 227,455 144,181 392,385 71,544 125,258 292,726 8,661 37,078 5,485 8,288 20,280 4,220 23,874 3,981 9,607 26,087 5,412 19,397 6,142 13,575 44,423 456.1 655.6 246.5 429.4 725.9 112,218 410,440 79,723 100,386 212,567 131,344 352,792 67,302 106,814 286,162 7,848 30,464 5,328 7,481 20,182 28,294 86,228 18,881 27,744 47,276 4,038 23,180 3,931 9,046 25,934 5,254 17,393 6,056 12,088 43,832 402.7 579.9 237.7 369.5 691.6 54,711 281,014 642,208 329,031 49,084 450,796 1,072,348 213,634 2,365 6,396 50,330 21,561 3,238 62,704 63,116 (D) (D) 289.9 1,049.5 792.7 454.3 50,460 251,565 619,652 208,416 43,656 393,166 1,039,785 132,558 2,203 4,084 48,672 9,606 12,115 62,687 142,512 40,607 3,219 59,829 61,903 541 5,707 83,960 49,138 155 249.7 953.4 763.0 331.2 4,334,378 232,093 3,531,889 328,316 141,356 62,971 18,194 304,205 138,004 400,170 60,135 18,137 344,147 38,043 57,745 120,364 28 (D) 4,239,579 228,874 3,338,384 3,952 (D) 337.6 603.6 3,301.8 292.6 585.5 2,775.5 All countries, all industries.............. By country of affiliate C anada....................................................................... Europe........................................................................ O f which: F ran c e............................................................... Germ any........................................................... Netherlands..................................................... United Kingdom.............................................. Latin America and Other Western Hemisphere (D) 7,047 (D) (D) (D) 66,028 O f which: B razil................................................................. M exico............................................................... Africa........................................................................... Middle East................................................................ Asia and Pacific........................................................ (D) 48,127 (D) 2,555 61,703 68.2 2,258.9 O f which: 243,164 (D) 60,717 (D) 2,283 5,789 590 12,095 7,548 1,722 (D) 17,973 (D) 1,716 210.6 278.0 O f which: Food.................................................................. Chemicals......................................................... Primary and fabricated metals.................... Machinery......................................................... Computers and electronic products........... Electrical equipment, appliances, and components................................................ Transportation equipment............................ Wholesale trade........................................................ Information................................................................. Finance (except depository institutions) and insurance............................................................... Professional, scientific, and technical services. Other industries........................................................ (D) (D) 3,957 10,057 D Suppressed to avoid disclosure of data of individual companies. N o t e . The data in this table are from “U.S. Multinational Companies: Operations in 2006" in the November 2008 49,346 155 28 (D) (D) S urvey of C urrent B usiness . (D) (D) (D) (D) April 2009 Survey of D-67 C u r r e n t B usin ess Table G.4. Foreign Direct Investment in the United States: Selected Items, by Country of Foreign Parent and by Industry of U.S. Affiliate, 2004-2007 [Millions of dollars] Direct investment position on a historical-cost basis Income without current-cost adjustm ent 1 Capital inflows without current-cost adjustment (outflows (-)) 2004 All countries, all industries............................................................... 2005 2006 2007 2004 2005 2006 2007 1,520,316 1,634,121 1,843,885 2,093,049 135,826 104,773 236,701 232,839 2004 87,890 2005 2006 2007 110,324 139,137 129,711 By country of foreign parent C anada............................................................................................................................. 125,276 165,667 175,198 213,224 33,164 14,868 18,079 36,927 6,607 6,075 15,211 13,506 Europe............................................................................................................................... 1,078,782 1,154,048 1,324,355 1,482,978 80,730 77,896 181,384 144,853 61,377 80,684 91,278 82,019 France ..................................................................................................................... Germ any.................................................................................................................. Luxembourg........................................................................................................... Netherlands.. Switzerland... United Kingdom 137,927 164,921 116,479 159,601 122,165 267,209 114,260 177,176 79,680 156,602 133,387 371,350 147,046 204,708 103,944 173,265 134,193 406,337 168,576 202,648 134,310 209,449 155,696 410,787 10,706 7,079 7,301 8,191 12,571 28,137 10,053 4,235 -1,871 6,551 36,132 26,951 40,419 23,558 23,102 1,453 33,194 21,764 -5 ,3 1 6 42,091 24,659 -2 ,2 7 9 13,034 8,401 7,557 1,188 12,553 7,023 18,641 11,218 6,053 2,462 15,743 4,462 33,274 11,925 11,058 3,318 21,467 3,689 27,764 11,559 5,779 4,587 19,763 8,409 18,848 Latin America and Other Western Hemisphere..................................................... 76,268 57,175 62,685 62,955 -2 ,9 4 5 -3 ,1 6 9 9,844 -5 7 5 2,988 4,359 6,470 6,672 Berm uda................................................................................................................. Mexico Panama United Kingdom Islands, Caribbean................................................................ Venezuela............................................................................................................... 6,626 7,592 10,408 21,702 5,009 2,147 3,595 10,983 23,063 5,292 8,367 5,332 12,182 24,790 5,391 -5 1 9 5,954 12,903 32,807 6,059 -5 9 7 -6 2 9 1,403 -3 ,9 3 6 624 -5 ,3 8 0 -1 9 895 -4 2 308 6,517 1,659 2,355 -1 ,3 5 0 -1 0 ,0 7 7 63 1,281 7,559 -3 7 3 17 (D) 197 (D) -4 1 (D) 1,173 958 (D) 409 730 1,815 1,404 818 547 833 1,274 1,589 (D) A frica................................................................................................................................. 1,859 2,341 1,814 1,124 -6 0 5 323 250 -6 7 5 177 204 207 25 Middle East...................................................................................................................... 7,899 8,306 9,342 12,937 713 1,799 2,308 3,149 488 592 1,232 563 Asia and Pacific.............................................................................................................. 230,231 246,585 270,490 319,832 24,769 13,056 24,837 49,161 16,253 18,410 24,739 26,926 40,107 174,490 36,392 189,851 39,730 204,833 49,100 233,148 3,099 17,489 -5 ,2 5 3 14,200 2,825 15,668 9,274 28,775 2,446 12,774 3,919 12,715 5,900 17,351 7,447 17,175 Manufacturing................................................................................................................. F oo d ............................................................................................................................. Chemicals.................................................................................................................... Primary and fabricated metals............................................................................... Machinery.................................................................................................................... Computers and electronic products...................................................................... Electrical equipment, appliances, and components........................................ Transportation equipment........................................................................................ Other manufacturing................................................................................................. 475,214 17,774 140,338 20,351 44,802 29,186 581,101 49,159 148,595 34,543 40,472 44,430 26,428 69,289 168,184 709,545 25,891 217,662 48,475 76,439 69,476 21,530 65,325 184,747 21,005 2,193 11,874 1,976 492 -2 ,6 8 9 2,904 4,233 55,530 2,953 16,678 7,809 7,325 8,009 819 6,271 5,665 93,911 5,300 31,200 8,599 9,579 15,735 4,029 -3 ,4 6 2 22,931 108,113 1,605 38,939 12,348 18,658 12,994 7,045 -6 5 16,588 34,375 677 9,067 2,780 67,975 144,121 499,851 45,217 123,784 27,164 46,433 31,298 11,037 74,485 140,434 160 610 4,786 15,184 46,215 3,370 13,798 3,532 2,162 2,260 956 4,209 15,928 54,349 4,008 15,366 5,260 1,815 2,443 1,959 3,594 19,905 60,890 2,658 25,879 4,539 2,398 2,901 1,363 1,775 19,377 Wholesale trade.............................................................................................................. 218,443 235,508 256,873 278,353 26,613 19,905 20,443 28,314 24,517 26,188 26,214 23,773 Retail trad e...................................................................................................................... 26,554 30,934 32,421 41,591 579 53 3,017 -3 0 2,043 1,381 2,534 2,889 Information....................................................................................................................... 144,982 102,584 135,119 146,428 15,487 -1 1 ,9 2 9 27,930 12,224 4,608 6,103 7,664 Depository institutions (banking)............................................................................... 122,674 130,184 147,992 141,033 17,902 9,355 15,295 -9 ,9 1 3 4,698 2,781 4,374 8,243 -6,35 1 Finance (except depository institutions) and insurance....................................... 199,417 214,623 258,657 263,993 31,602 3,925 37,761 5,197 6,249 4,281 7,464 12,762 Real estate and rental and leasing............................................................................ 36,987 37,341 44,122 55,277 2,580 3,204 11,165 1,879 2,444 3,024 2,134 Professional, scientific, and technical services...................................................... 44,207 51,546 54,432 62,956 5,850 1,119 7,757 6,469 7,650 1,223 1,291 2,600 2,731 Other industries.............................................................................................................. 251,836 331,549 333,168 393,873 14,208 19,057 28,672 70,118 8,298 21,369 28,607 23,220 O f which: 12,101 O f which: 1,886 ^0 O f which: Australia.................................................................................................................. Japan....................................................................................................................... By industry of U.S. affiliate 10,668 D Suppressed to avoid disclosure of data of individual companies. 1. For 2004 and 2005, income without current-cost adjustment is presented net, or after the deduction, of U.S. and foreign withholding taxes. For 2006 and 2007, income is presented gross, or before the deduction, of U.S. 22 1,110 and foreign withholding taxes. N o t e . The data in this table are from tables 15 and 16 in “Foreign Direct Investment in the United States Tables” in the September 2008 S u r v e y o f C u r r e n t B u s in e s s . D-68 International Data April 2009 Table G.5. Selected Financial and Operating Data of Nonbank U.S. Affiliates of Foreign Companies by Country of Ultimate Beneficial Owner and by Industry of Affiliate, 2006 All nonbank affiliates Millions of dollars Total assets All countries, all in d u s trie s ......................................................................... Sales 7,908,487 3,083,440 Majority-owned nonbank affiliates Millions of dollars Net income 176,329 Thousands U.S. U.S. of exports of imports of employees goods goods shipped by shipped to affiliates affiliates 5,800.6 204,880 Millions of dollars Total assets Sales 493,835 6,807,654 2,795,143 Millions of dollars Net income Value added 134,257 614,685 Thousands U.S. U.S. of exports of imports of employees goods goods shipped by shipped to affiliates affiliates 5,330.5 195,292 482,363 By country o f ultim ate beneficial owner C anada........................................................................................................................... 654,057 209,462 15,925 519.4 9,249 5,281,330 1,809,158 107,395 3,787.3 112,565 23,886 9,139 18,631 (D) 7,765 40,552 527.2 684.0 472.3 180.1 438.7 995.5 13,166 (D) (D) 5,112 (D) (D) 19,398 610,167 196,051 13,844 56,738 457.4 9,052 19,242 203,944 5,053,338 1 ,686,212 87,276 392,437 3,590.6 107,843 201,406 18,772 8,529 14,568 58,937 67,918 45,784 11,206 50,113 120,265 496.6 664.4 445.2 179.4 416.1 908.8 12,439 42,869 14,586 5,110 6,949 16,395 18,736 68,306 33,440 7,582 16,575 34,344 O f which: France................................................................................................................... Germany............................................................................................................... Netherlands S w eden. Switzerland United Kingdom 815,169 675,495 767,542 31,687 1,427,268 1,282,694 235,721 380,546 335,107 (D) 184,227 455,815 19,487 776,525 68,587 667,703 33,500 724,446 7,582 31,486 16,719 1,404,231 (D) 1,174,039 206,940 371,499 314,751 43,329 176,844 403,060 1,220 7,715 30,443 (D) 207,073 9,750 418.6 (D) (D) 319,028 189,396 8,972 50,030 358.3 13,265 (D) Bermuda............................................................................................................... Mexico................................................................................................................... United Kingdom Islands-Caribbean.............................................................. Venezuela............................................................................................................. (D) (D) (D) (D) 74,798 33,046 (D) 4,056 438 (D) (D) (D) 163 (D) 4,679 1,762 195,986 18,657 73,248 73,219 24,881 16,062 3,968 390 1,059 25,438 5,914 4,484 (D) 970 163 (D) (D) (D) (D) (D) (D) 193.8 58.8 28.8 H 4,542 4,575 (D) M M 29.4 5.1 (D) (D) Africa............................................................................................................................... (D) (D) (D) 8.5 501 681 4,494 7,488 153 1,086 8.5 501 681 Middle East.................................................................................................................... 65,992 68,611 3,282 80.1 747 (D) 62,058 66,124 2,893 12,729 72.7 744 (D) Asia and Pacific............................................................................................................ 775,996 678,747 23,345 863.7 65,693 210,568 726,656 625,274 19,708 93,625 788.1 61,292 203,783 Australia................................................................................................................ Japan..................................................................................................................... Korea, Republic o f.............................................................................................. 101,296 612,110 22,652 32,634 544,994 5,526 16,329 1,088 53,115 (D) 164,881 (D) (D) 62.0 691.4 19.7 (D) (D) 94,484 580,259 22,052 28,259 504,876 50,961 5,310 13,261 471 7,992 75,800 2,785 59.1 631.0 18.7 994 49,789 8,791 1,755 159,412 34,810 United States................................................................................................................. 768,528 (D) (D) 122.9 (D) 4,489 31,914 24,597 1,411 8,041 54.9 2,595 4,477 1,312,819 1,183,649 1,224,595 1,100,669 Latin America and Other Western Hemisphere................................................... O f which: (D) (D) O f which: By industry of U.S. affiliate Manufacturing............................................................................................................... 50,798 2,166.0 116,512 182,721 44,217 266,893 2,057.8 108,554 173,867 292,115 75,879 80,439 94,651 51,490 278,926 66,931 230,049 90,080 56,597 68,781 49,245 258,875 4,968 13,439 5,954 2,217 1,048 1,095 2,418 131.9 312.6 166.7 142.8 176.5 147.0 434.7 6,687 22,829 5,939 8,039 11,316 6,352 36,412 3,076 34,577 8,008 9,044 14,242 6,169 61,919 85,474 266,995 68,842 79,033 (D) 51,361 274,463 64,589 212,418 77,981 53,512 63,940 49,111 246,663 4,854 11,028 5,050 2,123 1,062 1,104 2,173 15,466 58,953 19,298 13,667 20,198 13,563 37,461 128.7 287.8 157.4 138.8 168.7 146.5 420.3 6,634 19,481 5,469 7,932 3,068 33,617 7,216 8,018 (D) (D) 6,339 36,033 6,148 59,277 31,282 632.3 79,080 297,638 562,140 863,364 28,790 106,868 618.7 78,029 295,190 O f which: Foo d ...................................................................................................................... Chemicals............................................................................................................. Primary and fabricated m etals....................................................................... Machinery............................................................................................................. Computers and electronic products............................................................... Electrical equipment, appliances, and components................................. Transportation equipment................................................................................ Wholesale trade............................................................................................................ 86,668 570,518 884,850 Retail trad e.................................................................................................................... 75,062 157,497 1,566 632.5 578 (D) 69,449 146,128 1,301 31,822 564.0 578 5,711 Information..................................................................................................................... 380,311 145,393 14,572 333.7 1,307 (D) 207,114 81,894 3,888 33,360 223.5 972 235 Publishing industries......................................................................................... Telecommunications.......................................................................................... (D) (D) 35,861 2,628 (D) (D) (D) 185 (D) 122.5 M (D) 67,757 82,003 31,239 26,966 1,884 1,359 14,657 8,300 106.6 47.2 455 4 185 5 Finance (except depository institutions) and insurance..................................... 4,716,284 (D) (D) 285.6 (D) (D) 3,957,790 257,764 18,155 40,914 215.1 (D) (D) Real estate and rental and leasing......................................................................... 134,536 38,108 7,582 47.6 (D) 541 115,945 34,883 6,459 15,955 46.0 (D) 541 Professional, scientific, and technical services.................................................... 108,739 65,803 708 219.2 (D) (D) 101,387 61,360 722 22,531 202.4 (D) (D) Other industries............................................................................................................ 610,218 (D) 1,483.8 6,626 6,554 569,234 249,082 30,724 96,342 1,402.9 6,382 6,547 O f which: (D) D Suppressed to avoid disclosure of data of individual companies. N o t e s . The data in this table are from BEA’s annual survey of the operations of U.S. affiliates of foreign companies; see “U.S. Affiliates of Foreign Companies: Operations in 2006” in the August 2008 S u r v ey o f C u r r e n t B u sin es s . The following ranges are given in employment cells that are suppressed: A— 1 to 499; F— 500 to 999; G— 1,000 to 2,499; H— 2,500 to 4,999; 1 5,000 to 9,999; J— 10,000 to 24,999; K— 25,000 to 49,999; L— 50,000 — to 99,999; M— 100,000 or more. D-69 April 2009 H. Charts THE U.S. IN THE INTERNATIONAL ECONOMY C O M P O N E N T S O F C U R R E N T A C C O U N T B A LA N C E B A LA N C E O N C U R R E N T A C C O U N T Services, Incom e Unilateral transfers E X P O R T S A N D IM P O R T S O F G O O D S A N D S E R V IC E S CAPITAL F LO W S O N U .S. D IR E C T IN V E S T M E N T AB R O A D (O U TW A R D ) A N D F O R E IG N D IR E C T IN V E S T M E N T IN T H E U N IT E D STATES (IN W A R D ) Inward Outw ard N E T IN T E R N A T IO N A L IN V E S T M E N T P O S IT IO N S E C U R IT IE S T R A N S A C T IO N S V A LU E D AT C U R R E N T C O S T Net foreign purchases of U .S. securities Foreign assets in the United States U .S. assets abroad N et U.S. purchases of foreign securities Net investm ent position U.S. Bureau of Economic Analysis D-70 April 2009 Regional Data I. State and Regional Tables The tables in this section include the most recent estimates of state personal income and gross domestic product by state. The sources of these estimates are noted. The quarterly and annual estimates of state personal income and the estimates of gross domestic product by state are available online at www.bea.gov. For information on state personal income, e-mail reis@bea.gov; write to the Regional Economic Information System, BE-55, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230; or call 202-606-5360. For information on gross domestic product by state, e-mail gdpbystate@bea.gov; write to the Regional Product Division, BE-61, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230; or call 202-606-5340. Table 1.1. Personal Income by State and Region [Millions of dollars, seasonally adjusted at annual rates] 2005 2006 2007 Percent change1 2008 Area I' llr III' IV' r ii' III' IV' United States............... 10,031,927 10,169,828 10,269,082 10,541,055 10,762,175 10,899,551 11,042,683 11,207,803 New England......................... 586,507 598,227 607,751 579,493 622,779 630,355 636,475 648,016 Connecticut.............................. 165,023 172,452 180,622 162,356 168,528 176,969 178,556 183,750 Maine......................................... 42,711 39,783 40,120 40,509 41,099 41,670 42,969 42,265 Massachusetts........................ 272,572 275,280 281,537 285,428 292,761 296,879 298,899 304,915 New Hampshire....................... 47,671 48,340 50,941 49,125 49,591 51,301 51,969 53,647 Rhode Island........................... 38,541 37,215 37,635 38,079 38,865 39,760 40,352 40,587 Vermont.................................... 21,594 19,896 20,108 20,449 20,638 21,574 21,923 22,148 Mideast.................................. 1,847,107 1,868,754 1,905,452 1,941,263 1,979,698 2,006,202 2,028,841 2,066,936 30,319 32,258 33,237 Delaware.................................. 30,040 30,789 32,539 32,903 33,109 District of Columbia................. 31,604 32,525 33,797 31,060 32,198 34,221 34,688 35,055 230,884 238,441 227,628 234,849 241,597 247,365 Maryland................................... 244,073 250,480 New Jersey............................... 369,485 372,996 380,052 385,116 397,167 405,446 402,913 412,369 766,837 776,603 815,392 New York.................................. 795,413 826,626 839,158 849,798 871,600 426,347 447,974 422,057 432,152 437,531 458,306 464,324 Pennsylvania........................... 452,933 Great Lakes........................... 1,500,771 1,514,510 1,532,054 1,546,163 1,570,641 1,587,917 1,603,219 1,617,307 471,924 Illinois........................................ 459,355 482,030 488,052 492,931 454,296 466,781 499,720 Indiana...................................... 190,247 194,167 202,624 187,886 192,351 198,589 200,366 204,229 Michigan................................... 334,111 324,465 328,250 329,047 322,159 326,298 332,270 335,040 Ohio........................................... 360,481 364,067 368,095 358,063 372283 376,741 380,643 382,830 Wisconsin................................. 178,367 179,962 182,558 183,726 188,692 190,489 192,910 195,488 Plains 649,921 666,147 643,284 659,705 676,280 690,294 701,557 684,385 Iowa 92,679 94,071 94,760 91,303 95,518 96,489 97,426 99,173 Kansas 88,954 89,744 86,311 87,415 92,970 94,209 95,519 97,943 Minnesota................................. 187,988 188,465 191,597 193,095 197,140 199,549 201,189 203,304 Missouri.................................... 179,287 181,589 184,039 186,818 190,222 177,120 188,860 192,713 57,154 Nebraska 56,277 57,974 58,663 59,799 61,354 58,879 59,675 20,214 20,042 20,567 North Dakota........................... 19,637 19,966 20,403 20,450 21,001 24,956 25,444 24,914 25,152 25,573 South Dakota............................ 24,648 25,305 26,068 Southeast 2,276,848 2,313,562 2,263,337 2,406,371 2,448,936 2,483,014 2,517,550 2,553,289 Alabama................................... 132,880 133,344 137,933 142,824 144,444 130,665 138,491 140,760 Arkansas 73,274 74,328 75,127 76,706 78,012 80,362 79,318 81,688 Florida 634,222 652,674 674,614 594,486 607,251 621,773 683,346 663,301 286,279 295,007 Georgia 276,790 281,183 292,855 298,832 302,708 307,380 Kentucky................................... 114,671 116,378 118,912 124,737 117,803 121,912 123,268 126,316 Louisiana.................................. 127,522 128,941 140,509 140,262 46,320 136,158 138,069 142,825 Mississippi................................ 72,517 73,527 78,566 77,243 78,727 79,774 68,556 77,932 274,217 North Carolina......................... 262,906 266,368 270,556 279,162 282,618 287,433 292,567 123,071 South Carolina......................... 117,448 119,248 121,130 127,419 129,006 130,759 132,495 179,657 182,032 185,371 187,796 Tennessee 190,868 194,618 196,120 199,180 Virginia 280,126 284,113 289,285 293,217 302,402 305,074 308,249 311,948 West Virginia........................... 47,313 47,793 48,366 49,587 50,756 51,327 46,786 50,220 Southwest 1,067,256 1,085,782 1,113,315 1,138,043 1,164,547 1,183,968 1,204,402 1,226,495 Arizona 188,724 201,417 175,472 180,311 185,625 194,543 197,373 204,527 New Mexico.............................. 53,029 54,548 55,706 52,115 53,839 56,431 57,248 58,096 105,494 107,567 110,021 Oklahoma................................. 103,879 114,755 115,904 117,728 119,116 Texas......................................... 735,789 746,948 766,284 784,751 799,544 814,259 828,009 844,756 Rocky Mountain..................... 324,226 329,558 336,581 342,008 351,411 363,261 368,597 355,915 Colorado................................... 173,818 179,265 185,229 186,064 190,015 191,547 171,353 177,048 Idaho......................................... 40,419 42,002 43,047 44,537 39,732 41,226 44,126 45,821 Montana................................... 26,802 27,223 27,821 28,233 28,632 29,667 29,032 30,132 Utah 68,824 72,114 67,474 73,391 74,771 76,292 70,578 77,939 Wyoming 18,864 19,274 20,394 21,112 19,908 21,922 22,750 23,159 Far West.. 1,792,942 1,821,234 1,860,411 1,893,310 1,947,882 1,967,795 1,998,641 2,025,606 23,854 Alaska.. 23,607 24,700 25,294 26,085 24,346 25,815 26,535 California.................................. 1,306,795 1,326,755 1,357,460 1,380,004 1,421,156 1,432,775 1,455,298 1,473,093 Hawaii.. 45,177 43,191 43,791 44,286 46,238 47,787 48,297 47,016 Nevada 89,742 90,902 92,483 93,642 97,234 86,946 96,113 99,059 Oregon..................................... 111,643 113,350 115,633 116,890 121,429 122,692 124,723 126,585 Washington............................... 223,741 227,784 247,514 220,760 234,056 240,123 243,384 252,037 p Preliminary r Revised 1. Percent change from the preceding period was calculated from unrounded data. N o t e . The personal income level shown for the United States is derived as the sum of the state estimates. It differs lr II' III' IV' I' ii' III' IV p 11,447,305 11,548,389 11,701,751 11,839,843 11,939,005 12,130,925 12,150,854 12,125,350 fiOfi AA£ 663,282 667,800 676,704 685,564 691,210 0»n),9 in) 700,630 698,332 189,067 190,271 193,449 194,722 195,437 196,840 198,486 196,992 44,148 44,477 44,936 45,283 45,983 46,651 46,887 46,791 311,624 318,232 313,591 324,137 326,929 331,243 329,653 330,868 53,751 54,662 54,775 55,374 55,991 56,475 56,596 56,363 41,907 41,815 41,676 43,132 42,386 42,946 43,223 43,063 22,877 23,124 23,406 23,662 23,925 24,153 24,286 24,255 2,120,443 2,121,831 2,151,960 2,179,653 2,204,834 2,226,516 2,237,487 2,232,783 35,341 34,153 34,515 34,710 34,921 35,734 35,822 35,772 36,006 36,349 37,135 38,014 38,421 38,674 37,440 38,746 257,121 262,189 259,970 265,179 267,539 271,297 272,382 272,477 424,116 425,582 429,210 440,474 443,904 434,791 441,382 442,702 893,511 887,330 904,576 917,857 929,685 936,957 942,537 938,861 475,535 478,084 484,140 489,465 493,781 502,725 504,169 504,225 1,663,724 1,669,947 1,686,796 1,703,900 1,716,901 1,743,323 1,743,475 1,738,057 517,397 540,464 521,552 527,835 537,240 550,536 548,375 548,563 208,074 209,234 211,231 215,387 213,251 218,681 218,438 217,363 344,128 347,502 347,904 350,314 344,226 355,659 353,972 352,508 393,381 393,235 396,709 399,133 403,096 409,427 409,820 409,154 200,743 201,701 203,519 206,372 207,640 210,787 211,102 210,468 720,493 729,032 738,623 748,329 760,667 772,518 776,605 772,882 101,968 103,305 105,059 106,343 108,603 111,097 110,344 110,496 99,711 100,917 101,716 103,432 104,803 107,147 106,889 106,843 214,097 209,295 212,203 216,492 221,094 225,392 222,488 224,180 196,426 197,979 200,746 203,471 205,464 209,478 209,116 208,963 62,849 64,947 65,794 66,367 67,817 63,849 67,681 67,287 22,468 22,636 23,265 23,697 24,567 25,744 25,291 25,293 27,777 28,144 28,794 29,770 30,292 29,101 30,195 29,970 2,597,680 2,628,782 2,661,212 2,683,778 2,701,309 2,757,398 2,746,862 2,741,961 147,643 149,042 150,891 152,389 154,066 157,520 158,556 157,218 83,288 85,487 87,662 89,644 84,409 88,490 90,308 89,492 689,214 694,590 705,253 707,648 711,306 721,520 717,698 713,831 315,373 317,723 320,988 325,274 321,989 331,879 329,911 329,219 130,934 128,785 130,160 132,445 133,718 136,428 136,341 137,006 146,424 154,614 156,979 155,699 157,279 160,218 161,435 161,298 80,767 85,182 83,510 84,643 84,552 88,663 86,894 86,826 300,614 306,404 312,387 319,744 319,474 302,746 310,326 318,847 134,574 137,923 139,490 140,538 144,040 143,512 143,255 136,038 201,798 204,126 206,033 209,444 210,671 214,512 214,262 213,989 316,728 319,030 323,517 325,706 328,882 333,682 334,894 334,985 52,472 52,793 53,439 54,021 54,645 56,053 56,409 56,658 1,250,891 1,269,734 1,288,785 1,308,131 1,327,213 1,357,672 1,356,811 1,361,060 205,774 207,079 210,275 211,284 213,060 215,531 214,810 213,414 59,100 62,524 59,818 60,866 61,489 63,997 64,095 64,103 123,110 125,060 127,501 131,004 129,420 135,059 135,696 135,840 862,907 877,776 890,143 905,937 920,625 942,308 942,986 947,703 374,166 380,039 385,566 392,570 395,473 403,714 401,133 402,879 194,741 200,823 204,854 206,521 211,004 197,516 208,997 210,764 46,756 47,214 47,773 48,589 48,443 49,259 49,150 49,006 31,155 31,549 32,029 32,401 32,666 33,217 33,347 33,330 77,712 80,119 79,363 81,277 81,776 83,234 83,430 83,120 24,821 23,803 24,399 26,067 26,782 25,448 26,426 26,659 2,056,627 2,081,224 2,112,106 2,137,917 2,141,397 2,175,369 2,185,270 2,177,396 26,882 27,367 29,049 27,180 27,662 29,981 30,237 29,656 1,493,590 1,510,674 1,530,566 1,548,190 1,548,068 1,574,624 1,579,715 1,575,071 49,219 50,548 52,317 49,736 50,999 51,616 52,416 52,288 99,449 102,437 100,586 104,724 104,488 104,949 105,354 104,906 132,241 128,735 130,286 134,502 133,849 136,818 137,090 136,698 258,751 268,946 273,674 262,763 272,493 276,906 280,813 278,196 2008: IV -0.2 -0.3 - 0.8 - 0.2 - 0.1 -0 .4 - 0.2 - 0.1 -0.2 - 0.1 0.2 0.0 -0 .3 -0 .4 0.0 -0.3 -0.4 -0.5 -0.4 - 0.1 -0 .3 -0.5 -0 .7 -0 .3 -0 .5 - 0.1 - 0.8 - 1.8 - 1.1 -0.2 - 0.2 - 0.2 -0.5 - 0.2 - 0.1 0.7 - 0.1 - 0.2 - 0.2 - 0.1 0.0 0.4 0.3 -0.7 0.2 0.1 0.6 -0.2 - 0.1 -0 .3 - 0.1 -0 .4 -0.5 -0.4 0.9 -0.3 - 0.1 -0.4 -0.3 -0.9 from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. Source: Table 1 in the “Regional Quarterly Report” in the April 2009 S urvey o f C urren t B usiness . April 2009 D-71 S u r v e y o f C u r r e n t B u s in e s s Table 1.2. Annual Personal Income and Per Capita Personal Income by State and Region Per capita personal incom e 1 Personal income Area Percent change 2 Millions of dollars 2005r 2 006 ' 20 0 7 r 2008 p United States.............................. 9,150,320 2003 9,711,363 2004 10,252,973 10,978,053 11,634,322 12,086,534 New England....................................... C onnecticut.............................................. Maine.......................................................... Massachusetts........................................ New Ham pshire....................................... Rhode Island............................................ Verm ont..................................................... 538,413 148,777 37,533 253,993 44,327 35,072 18,711 569,244 159,337 39,488 266,635 47,190 36,818 19,776 592,994 167,090 40,378 278,704 48,682 37,868 20,273 634,406 179,974 42,404 298,363 51,964 39,891 21,810 673,337 191,877 44,711 316,896 54,640 41,946 23,267 696,792 196,939 46,578 329,673 56,356 43,091 24,155 Mideast................................................ Delaw are................................................... District of Colum bia................................ M aryland................................................... New Jersey............................................... New York................................................... Pennsylvania............................................ 1,690,345 27,395 26,914 205,737 342,858 693,533 393,908 1,794,306 29,331 29,203 220,127 361,822 739,969 413,855 1,890,644 30,852 31,847 232,950 376,912 788,561 429,522 2,020,419 32,947 34,440 245,879 404,474 846,795 455,884 2,143,472 34,575 36,732 261,115 428,425 900,819 481,806 Great Lakes......................................... Illinois Indiana........................................................ Michigan.................................................... Ohio W isconsin.................................................. 1,428,321 426,877 178,675 313,503 341,146 168,120 1,476,856 445,151 186,210 318,736 352,103 174,655 Plains Iowa Kansas Minnesota.................................................. Missouri N ebraska................................................... North Dakota............................................ South Dakota............................................ 598,619 83,920 81,116 173,498 166,129 53,391 18,179 22,386 630,728 90,436 84,642 183,821 173,906 55,424 18,645 23,853 1,523,374 463,089 191,163 325,293 362,676 181,153 654,764 93,203 88,106 190,286 180,509 57,517 20,055 25,088 1,594,771 490,683 201,452 332,617 378,124 191,895 688,129 97,152 95,160 200,296 189,653 59,927 20,515 25,427 Southeast............................................ A labam a. Arkansas Florida.... Georgia... Kentucky. Louisiana Mississippi North Carolina South Carolina Tennessee Virginia....................................................... West Virginia............................................ 2,040,368 118,356 66,476 514,378 250,806 106,319 115,695 66,305 234,983 107,203 165,402 250,605 43,841 2,183,763 126,270 70,701 565,681 264,854 111,847 122,346 69,700 250,921 113,603 174,636 267,521 45,686 2,315,029 133,706 74,859 614,433 284,277 116,941 110,823 73,292 268,512 120,224 183,714 286,685 47,565 Southwest........................................... Arizona....................................................... New Mexico.............................................. Oklahom a.................................................. Texas.......................................................... 939,250 150,582 46,650 92,599 649,419 1,009,685 164,923 49,813 100,024 694,925 Rocky Mountain.................................. Colorado.................................................... Id a h o ...... M ontana. Utah Wyoming. 289,654 154,829 34,816 24,177 59,412 16,420 308,950 163,736 38,079 25,813 63,565 17,756 Far West Alaska.... California Hawaii..... Nevada... O reg on...................................................... Washington............................................... 1,625,348 21,184 1,187,040 37,837 71,183 105,161 202,942 1,737,831 22,434 1,265,970 41,027 80,250 109,718 218,432 2003r 2004r 2005r 2006r 2007r 2008 p 2008 3.9 31,530 33,157 34,690 36,794 38,615 39,751 3.5 4.2 4.0 3.1 2.7 3.8 37,966 42,901 28,811 39,431 34,596 32,737 30,340 40,081 45,848 30,191 41,420 36,523 34,375 31,977 41,736 48,032 30,798 43,315 37,432 35,575 32,736 44,574 51,600 32,287 46,305 39,703 37,669 35,166 47,221 54,981 33,991 48,995 41,639 39,829 37,483 48,715 56,248 35,381 50,735 42,830 41,008 38,880 2,225,405 35,667 38,464 270,924 442,116 937,010 501,225 3.8 3.2 4.7 3.8 3.2 4.0 4.0 35,946 33,644 46,614 37,441 39,916 36,064 31,979 38,014 35,523 50,392 39,741 41,971 38,338 33,550 39,955 36,793 54,715 41,781 43,651 40,781 34,774 42,595 38,745 58,830 43,889 46,813 43,724 36,800 45,058 40,112 62,484 46,471 49,511 46,364 38,793 46,635 40,852 64,991 48,091 50,919 48,076 40,265 1,681,092 526,006 210,448 345,940 395,614 203,084 1,735,439 546,985 217,467 353,113 407,874 209,999 3.2 4.0 3.3 34,545 38,456 32,006 32,985 33,000 34,461 36,318 41,012 33,215 34,423 34,468 36,272 37,405 42,397 34,103 35,299 35,511 37,314 770,668 110,135 106,421 223,288 208,255 67,288 25,224 30,057 5.0 5.7 4.9 4.8 4.3 4.5 9.6 5.6 32,161 35,146 29,982 31,588 30,765 31,705 32,105 30,732 30,992 36,199 30,283 31,827 29,307 30,837 33,091 36,452 30,593 32,229 31,672 32,706 734,120 104,168 101,444 213,022 199,655 64,360 23,017 28,454 31,213 33,849 28,917 31,145 29,846 30,710 30,637 28,608 29,799 34,378 29,122 30,811 28,733 29,207 33,153 31,575 32,130 37,275 31,202 32,847 31,571 32,193 34,608 32,741 34,525 38,944 32,514 34,053 32,233 32,293 36,661 34,916 36,525 41,105 33,964 36,372 36,082 35,760 38,217 36,680 37,978 42,772 35,228 37,730 39,321 37,375 2,500,697 141,630 79,845 668,484 300,982 124,058 139,329 78,419 285,445 129,920 195,197 306,918 50,472 2,642,863 149,991 85,418 699,176 319,018 130,581 153,504 83,368 305,022 137,006 205,350 321,245 53,181 2,736,883 156,840 89,277 716,089 329,071 135,873 159,983 86,891 317,613 142,836 213,359 333,110 55,941 3.6 4.6 4.5 2.4 3.2 4.1 4.2 4.2 4.1 4.3 3.9 3.7 5.2 28,380 26,380 24,459 30,369 28,720 25,863 25,862 23,129 27,942 25,873 28,276 34,034 24,325 29,970 28,019 25,801 32,672 29,723 27,045 27,262 24,163 29,440 27,069 29,565 35,886 25,334 31,324 29,468 27,035 34,709 31,260 28,071 24,651 25,289 31,002 28,292 30,705 37,988 26,366 33,457 30,873 28,473 37,099 32,299 29,542 32,832 27,072 32,271 30,041 32,167 40,234 27,935 34,859 32,419 30,177 38,417 33,499 30,824 35,100 28,541 33,735 31,103 33,395 41,727 29,385 35,706 33,643 31,266 39,070 33,975 31,826 36,271 29,569 34,439 31,884 34,330 42,876 30,831 1,101,099 182,533 53,383 106,740 758,443 1,194,853 199,465 56,870 116,876 821,642 1,279,385 208,603 60,318 126,273 884,191 1,350,689 214,203 63,680 134,400 938,406 5.6 2.7 5.6 6.4 6.1 28,452 26,959 24,975 26,486 29,436 30,071 28,680 26,366 28,481 30,989 32,181 30,620 27,907 30,237 33,249 34,088 32,285 29,346 32,755 35,162 35,768 32,833 30,706 34,997 37,083 37,052 32,953 32,091 36,899 38,575 42 44 28 23 333,093 175,371 40,845 27,520 69,747 19,610 1,841,974 24,127 1,342,754 44,111 90,018 114,379 226,585 359,796 188,214 44,383 29,366 75,598 22,236 383,085 199,483 47,583 31,783 79,618 24,618 400,800 209,321 48,965 33,140 82,890 26,484 4.6 4.9 2.9 4.3 4.1 7.6 29,838 34,041 25,543 26,373 24,958 32,902 31,337 35,594 27,389 27,877 26,053 35,314 33,213 37,611 28,681 29,436 27,885 38,755 35,082 39,612 30,374 31,061 29,243 43,381 36,527 41,192 31,804 33,225 29,831 47,047 37,459 42,377 32,133 34,256 30,291 49,719 13 43 38 49 4 1,984,981 25,932 1,445,581 47,334 96,512 123,857 245,765 2,096,968 27,273 1,520,755 50,125 101,799 131,278 265,738 2,169,858 29,731 1,569,370 52,159 104,924 136,277 277,397 3.5 9.0 3.2 4.1 3.1 3.8 4.4 33,108 32,570 33,620 30,555 31,866 29,607 33,214 35,021 33,941 35,531 32,782 34,533 30,679 35,347 36,768 36,084 37,418 34,885 37,481 31,580 36,227 39,230 38,344 40,020 37,117 38,850 33,648 38,639 41,056 40,042 41,805 39,242 39,853 35,143 41,203 41,994 43,321 42,696 40,490 40,353 35,956 42,356 p Preliminary r Revised 1. Per capita personal income was computed using midyear population estimates of the Census Bureau. 2. Percent change from the preceding period was calculated from unrounded data. 2008 Rank in United States Dollars 2.6 2.1 3.1 3.4 1 33 3 9 15 22 16 5 2 6 19 12 39 34 32 27 29 24 10 35 25 20 26 41 47 21 40 46 30 50 36 45 37 8 48 7 11 17 18 31 14 N ote. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from the estimate of personal income in the national income and product accounts because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of source data. Source: Table 2 in the “Regional Quarterly Report" in the April 2009 S urvey of C urrent Business. D-72 Regional Data April 2009 Table 1.3. Disposable Personal Income and Per Capita Disposable Personal Income by State and Region Per capita disposable personal income 1 Disposable personal income Area Percent change 2 Millions of dollars 2003 2004 Rank in United States Dollars 2007 ' 2008 p 10,626,653 4.8 28,084 29,588 30,608 32,263 33,665 34,949 542,124 149,568 37,706 253,982 46,362 35,136 19,371 10,142,960 570,787 157,670 39,620 267,549 48,496 36,850 20,602 595,747 163,771 41,591 280,286 50,400 38,182 21,517 4.4 3.9 5.0 4.8 3.9 3.6 4.4 33,007 36,530 25,878 34,102 31,203 29,116 27,335 34,892 39,064 27,190 35,854 33,098 30,622 28,878 35,882 40,189 27,495 37,094 33,585 31,495 29,212 38,090 42,882 28,709 39,417 35,423 33,179 31,234 40,029 45,179 30,120 41,366 36,957 34,990 33,188 41,650 46,775 31,593 43,134 38,304 36,336 34,634 1,631,236 26,867 27,582 201,008 326,061 669,930 379,787 1,730,530 28,683 29,661 211,085 348,470 711,997 400,634 1,820,593 30,129 31,513 222,372 366,260 749,054 421,265 1,904,157 31,327 33,287 232,808 381,351 784,557 440,827 4.6 4.0 5.6 4.7 4.1 4.7 4.6 31,360 29,700 40,590 32,539 34,888 31,065 28,511 33,176 31,366 43,932 34,569 36,813 32,941 29,990 34,473 32,041 47,389 36,052 37,762 34,646 30,747 36,483 33,730 50,666 37,679 40,331 36,763 32,340 38,271 34,954 53,606 39,576 42,327 38,553 33,919 39,903 35,880 56,245 41,325 43,921 40,254 35,413 2 6 20 1,321,238 397,414 168,139 287,282 312,785 155,619 1,352,028 409,083 171,128 291,487 320,199 160,131 1,407,398 429,924 179,460 297,196 332,294 168,524 1,478,492 458,883 186,601 308,365 346,891 177,752 1,537,706 481,199 194,093 317,303 360,319 184,792 4.0 4.9 4.0 2.9 3.9 4.0 27,840 30,118 26,004 27,943 26,494 27,280 28,772 31,377 27,072 28,471 27,329 28,249 29,369 32,201 27,387 28,879 27,963 28,911 30,487 33,694 28,512 29,472 29,000 30,264 31,941 35,778 29,452 30,684 30,223 31,748 33,143 37,298 30,437 31,719 31,370 32,835 38 31 34 29 537,211 76,099 73,094 152,623 149,429 48,403 16,745 20,819 568,066 82,341 76,496 162,522 157,119 50,242 17,170 22,177 583,828 84,077 78,704 166,369 161,481 51,692 18,364 23,141 608,736 86,897 84,225 174,144 168,524 53,262 18,543 23,141 646,640 92,884 89,186 184,355 176,479 57,043 20,798 25,896 683,656 98,842 94,271 194,720 185,264 60,063 22,981 27,516 5.7 6.4 5.7 5.6 5.0 5.3 10.5 6.3 27,495 25,942 26,852 30,242 26,194 27,932 26,466 27,163 28,916 27,981 28,009 32,005 27,360 28,851 26,988 28,669 29,562 28,484 28,701 32,590 27,913 29,520 28,910 29,694 30,615 29,285 30,558 33,859 28,892 30,266 29,134 29,390 Southeast............................................ Alabama ... Arkansas.. Florida Georgia . Kentucky... Louisiana.. Mississippi North Carolina South Carolina Tennessee Virginia ....................................................... West Virginia............................................ 1,840,485 107,741 60,504 466,917 223,843 95,199 105,959 61,165 209,846 97,135 152,470 219,705 40,001 1,971,328 115,175 64,474 510,652 236,929 100,610 112,259 64,519 224,854 103,253 161,480 235,246 41,877 2,065,728 67,758 545,893 252,539 104,454 98,743 67,761 238,257 107,826 168,795 249,502 43,179 2,221,718 127,066 71,999 593,124 265,333 110,780 125,206 71,768 251,090 115,908 177,833 265,924 45,688 2,336,028 134,066 76,747 617,326 279,613 116,033 137,634 76,016 266,600 121,721 186,112 276,208 47,953 2,439,344 141,244 80,722 639,290 291,362 121,349 144,015 79,569 279,537 127,927 194,695 288,964 50,670 4.4 5.4 5.2 3.6 4.2 4.6 4.6 4.7 4.9 5.1 4.6 4.6 5.7 25,600 24,014 22,261 27,567 25,632 23,158 23,686 21,336 24,953 23,443 26,065 29,838 22,195 27,055 25,557 23,529 29,494 26,589 24,328 25,014 22,367 26,381 24,603 27,337 31,557 23,222 27,950 26,672 24,471 30,837 27,770 25,073 21,964 23,380 27,509 25,375 28,211 33,061 23,935 29,725 27,698 25,675 32,916 28,473 26,380 29,504 24,776 28,387 26,801 29,305 34,860 25,287 32,292 31,134 32,111 35,574 30,022 32,237 32,604 32,545 30,812 28,977 27,114 33,920 29,361 27,390 31,471 26,024 29,486 27,633 30,267 35,877 26,496 33,902 32,919 33,642 37,300 31,339 33,678 35,824 34,216 31,824 30,297 28,270 34,880 30,082 28,424 32,651 27,077 30,311 28,556 31,327 37,194 27,926 Southwest........................................... Arizona....................................................... New Mexico.............................................. Oklahoma.................................................. Texas.......................................................... 857,087 136,028 42,493 83,929 594,637 925,182 149,109 45,555 90,998 639,520 996,884 162,650 48,402 95,960 689,873 1,073,610 176,948 51,101 104,238 741,323 1,143,580 184,284 53,985 112,556 792,755 1,216,960 191,045 57,391 120,718 847,807 6.4 3.7 6.3 7.3 6.9 25,963 24,354 22,749 24,006 26,953 27,554 25,930 24,113 25,911 28,518 29,136 27,285 25,303 27,183 30,243 30,629 28,640 26,369 29,214 31,724 31,971 29,006 27,481 31,195 33,248 Rocky Mountain................................... Colorado.................................................... Id ah o .......................................................... M ontana.................................................... U tah............................................................ Wyoming.................................................... 259,930 137,882 31,603 21,981 53,574 14,890 277,937 146,185 34,662 23,486 57,451 16,153 295,902 154,901 36,576 24,762 62,112 17,551 316,226 164,555 39,370 26,205 66,608 19,487 333,806 172,871 41,953 28,227 69,336 21,419 352,353 182,953 43,639 29,630 72,902 23,228 5.6 5.8 4.0 5.0 5.1 8.4 26,776 30,315 23,186 23,977 22,506 29,836 28,191 31,779 24,931 25,364 23,547 32,124 29,505 33,221 25,683 26,487 24,832 34,685 30,834 34,632 26,944 27,718 25,766 38,018 31,828 35,697 28,040 29,507 25,979 40,935 33,384 29,391 28,922 33,143 34,850 32,931 37,039 28,638 30,627 26,641 43,607 Far West............................................... Alaska......................................................... California................................................... Hawaii......................................................... N evada....................................................... O reg on....................................................... Washington............................................... 1,438,886 19,269 1,044,737 33,841 63,811 93,365 183,863 1,540,910 20,561 1,115,556 36,712 71,698 97,346 199,037 1,611,010 21,989 1,165,929 39,004 79,520 100,025 204,544 1,725,855 23,524 1,247,337 41,748 85,297 107,813 220,136 1,813,034 24,606 1,304,603 44,099 89,240 113,885 236,601 1,896,728 27,080 1,361,491 46,296 93,002 119,927 248,932 4.6 29,310 29,626 29,590 27,328 28,566 26,286 30,091 31,053 31,107 31,310 29,334 30,853 27,220 32,208 32,158 32,887 32,490 30,846 33,110 27,616 32,703 34,109 34,783 34,532 32,737 34,336 29,289 34,610 35,497 36,126 35,863 34,524 34,936 30,487 36,685 36,708 39,458 37,041 35,939 35,768 31,643 38,009 2005r 2006r United States.............................. 8,150,333 8,666,164 9,046,437 9,626,197 New England....................................... Connecticut.............................................. Maine.......................................................... Massachusetts........................................ New Hampshire....................................... Rhode Island............................................ Verm ont..................................................... 468,091 126,684 33,713 219,666 39,979 31,192 16,857 495,549 135,760 35,562 230,805 42,764 32,799 17,859 509,821 139,805 36,047 238,676 43,678 33,525 18,090 Mideast Delaw are................................................... District of Colum bia................................ M aryland................................................... New Jersey............................................... New York................................................... Pennsylvania............................................ 1,474,695 24,183 23,436 178,801 299,674 597,414 351,187 1,565,954 25,898 25,459 191,478 317,360 635,806 369,952 Great Lakes......................................... Illinois......................................................... Indiana Michigan.................................................... Ohio Wisconsin.................................................. Plains Iowa Kansas Minnesota.................................................. Missouri..................................................... Nebraska................................................... North D ako ta............................................ South Dakota............................................ 1,273,948 379,815 160,676 281,273 302,840 149,343 121,020 2008 10.1 4.4 5.0 4.2 5.3 5.2 2003r 2004r 2005r 2006r 2007r 2008p 2008 1 33 4 8 15 23 17 5 11 28 26 10 35 25 18 24 40 47 21 41 46 30 49 39 45 36 12 48 42 43 27 22 14 44 37 50 3 7 13 16 19 32 9 p Preliminary N o t e . The personal income level shown for the United States is derived as the sum of the state estimates. It differs r Revised from the estimate of personal income in the national income and product accounts because of differences in coverage, in 1. Per capita disposable personal income was computed using midyear population estimates of the Census Bureau. the methodologies used to prepare the estimates, and in the timing of the availability of source data. 2. Percent change from the preceding period was calculated from unrounded data. Source: Table 3 in the “Regional Quarterly Report" in the April 2009 S urvey o f C urrent B usiness . April 2009 Su r v ey of D-73 C u r r e n t B u s in e ss Table 1.4. Gross Domestic Product (GDP) by State for Industries, 2007 [Millions of dollars] State and region Rank of total GDP by state Total Natural NondurableDurable-goods resources Construction goods manufacturing and mining manufacturing Trade United States............. 13,743,021 437,149 562,625 926,689 Connecticut......................... M a in e .................................... Massachusetts................... New Hampshire.................. Rhode Island....................... Verm ont................................ 744,672 216,266 48,108 351,514 57,341 46,900 24,543 3,437 500 763 1,232 313 130 499 26,311 6,137 54,641 17,405 2,858 24,569 4,734 2,975 2,099 26,435 9,968 2,454 10,173 1,610 1,504 726 84,775 23,018 6,844 38,018 8,338 5,358 3,199 27,621 7,888 2,286 11,311 3,236 1,646 1,254 2,522,240 60,118 93,819 268,685 465,484 1,103,024 531,110 14,321 648 7 1,413 1,129 3,729 7,395 84,100 1,951 1,026 13,990 16,126 30,458 20,550 93,687 1,256 6,787 13,689 29,998 41,890 107,727 3,112 130 7,708 27,119 36,390 33,269 275,188 4,609 2,032 29,650 65,812 108,073 65,012 1,936,573 609,570 246,439 381,963 466,309 232,293 27,225 7,142 4,805 4,654 6,107 4,517 71,242 23,560 9,790 13,124 15,712 9,055 221,695 45,697 40,180 49,385 57,210 29,223 114,907 30,932 22,517 15,076 27,858 18,523 872,523 129,026 117,305 254,970 229,470 80,093 27,725 33,934 36,782 8,008 6,252 7,156 4,330 5,621 3,234 2,180 32,728 4,291 3,938 9,602 9,497 3,082 1,196 73,270 15,419 11,213 21,228 16,516 4,544 1,858 2,492 3,087,889 165,796 95,371 734,519 396,504 154,184 216,146 88,546 399,446 152,830 243,869 382,964 57,711 89,010 5,924 5,244 7,746 5,653 7,350 32,894 4,971 6,767 1,745 2,314 3,836 4,567 142,957 7,236 3,571 45,004 17,572 5,522 8,147 3,606 16,748 7,884 9,214 16,258 2,194 1,604,494 247,028 76,178 139,323 1,141,965 160,487 6,749 12,064 21,685 119,988 458,897 236,324 51,149 34,253 105,658 31,514 2,515,732 44,517 1,812,968 61,532 127,213 158,233 311,270 D elaw are.............................. M aryland.............................. New Jersey.......................... New York.............................. Pennsylvania....................... Illinois................................... Indiana................................. Michigan............................... Ohio....................................... Wisconsin............................ Plains................................. Iowa....................................... K ansas................................. Minnesota............................ Missouri................................ Nebraska.............................. North Dakota....................... South Dakota....................... Alabam a............................... Arkansas............................. Florida.................................. G eo rg ia................................ Kentucky............................... Louisiana............................. Mississippi........................... North Carolina.................... South Carolina.................... Tennessee........................... Virginia................................. West Virginia....................... Southwest.......................... Arizona................................. New Mexico......................... Oklahoma............................ Texas..................................... Rocky Mountain................. Colorado............................... Idaho..................................... M ontana............................... Utah....................................... W yom ing............................. A las ka................................... California.............................. Hawaii.................................... N evada................................. O regon................................. W ashington......................... 23 43 13 41 44 50 39 15 8 3 6 5 18 12 7 21 30 32 16 22 36 49 47 25 34 4 10 27 24 35 9 28 19 11 40 17 37 29 2 20 42 46 33 48 45 1 38 31 26 14 Leisure and hospitality Other services Government 1,684,211 1,090,737 505,676 316,573 1,639,241 189,898 64,621 9,567 85,993 12,481 12,770 4,465 104,240 28,943 4,079 57,699 6,872 4,694 1,954 80,855 19,352 5,836 41,025 6,229 5,444 2,969 25,139 5,771 1,957 12,086 2,268 1,759 1,298 15,859 4,250 1,077 7,480 1,431 1,023 599 71,869 19,424 6,889 30,947 5,414 5,822 3,373 112,613 1,846 1,265 13,473 23,360 40,137 32,533 146,216 1,280 5,900 10,546 24,103 83,276 21,112 671,997 26,850 14,486 60,451 115,986 355,343 98,881 354,997 7,177 22,885 38,898 67,304 150,610 68,123 227,687 3,682 6,433 23,325 37,624 95,745 60,878 81,922 1,383 3,299 8,782 15,921 36,646 15,891 59,290 1,058 5,820 6,801 9,530 22,564 13,517 292,494 5,265 30,469 46,863 47,782 110,056 52,060 242,724 77,644 29,832 48,691 58,768 27,789 109,965 35,949 15,713 20,040 26,457 11,806 62,612 24,112 6,018 11,654 13,210 7,618 370,140 134,098 37,190 68,054 87,221 43,577 238,375 89,423 19,975 52,629 55,383 20,965 165,285 47,380 20,857 33,713 41,774 21,560 62,953 20,143 9,176 12,543 14,096 6,996 46,155 14,793 6,042 9,080 10,863 5,378 203,296 58,697 24,343 43,320 51,651 25,286 49,956 10,653 6,511 12,627 14,071 4,492 775 825 110,707 15,025 14,988 32,469 30,779 9,186 3,976 4,283 51,516 7,842 7,021 11,600 12,939 8,361 2,045 1,708 37,797 3,991 7,831 9,733 11,376 2,694 1,099 1,072 158,891 24,556 16,623 54,546 36,558 13,749 3,843 9,016 91,854 7,841 11,310 32,593 29,374 7,223 1,692 1,820 75,083 9,743 8,804 23,618 20,810 6,430 2,488 3,190 28,584 3,933 3,222 7,850 9,521 2,039 808 1,210 20,402 2,777 2,811 5,689 6,023 1,706 624 771 104,954 14,946 16,780 26,258 27,674 10,967 4,159 4,170 196,961 18,179 9,566 25,383 19,139 17,421 9,121 8,265 30,981 14,842 24,309 16,138 3,616 199,770 10,463 7,376 11,207 24,420 11,657 40,545 5,556 43,297 9,644 15,061 17,731 2,814 402,035 22,887 13,224 103,996 56,874 19,827 22,103 12,050 46,273 21,458 37,277 38,822 7,244 164,955 9,864 6,834 32,971 26,055 10,497 12,967 5,869 16,400 8,035 14,090 16,455 4,918 123,528 4,935 3,892 30,914 25,893 4,391 4,665 347,507 14,994 7,869 93,748 47,413 12,024 15,721 12,664 4,450 8,469 19,457 1,587 574,598 24,253 12,316 177,746 72,520 20,751 22,613 11,271 88,420 24,242 37,837 75,124 7,506 38,302 14,817 27,234 65,366 3,996 232,321 12,599 7,716 59,838 27,377 13,207 13,009 6,884 27,881 9,997 24,259 23,834 5,719 120,818 4,489 2,696 40,588 13,257 4,914 8,036 4,480 12,119 6,508 10,384 11,278 2,070 73,675 4,284 2,204 19,819 8,250 3,408 4,012 2,091 8,105 3,779 6,489 9,884 1,349 419,753 25,688 12,863 85,559 52,081 23,215 22,313 15,269 51,488 25,431 26,933 68,781 10,132 74,567 14,754 3,161 4,450 52,203 107,773 16,647 4,543 9,554 77,030 86,101 2,965 1,030 5,954 76,151 200,574 34,196 7,694 15,940 142,744 103,220 11,343 3,943 8,415 79,520 61,956 7,166 2,016 4,705 48,069 253,852 58,545 10,345 17,742 167,220 178,710 29,612 8,752 11,928 128,417 106,033 19,671 5,452 9,970 70,940 51,377 10,596 2,649 4,120 34,012 33,288 4,846 1,587 3,050 23,805 186,557 29,938 12,942 21,811 121,867 33,993 12,905 3,193 3,665 4,205 10,025 25,145 12,447 2,927 2,047 5,922 1,801 23,071 9,490 3,697 890 8,621 374 11,847 5,693 1,557 609 3,331 657 55,306 27,573 7,163 4,223 13,394 2,953 23,263 8,988 2,510 2,915 5,464 3,385 28,124 21,350 1,268 3,985 509 83,309 44,121 8,798 5,314 21,956 3,120 55,916 34,257 6,340 2,603 11,305 1,411 30,756 15,377 3,968 3,170 6,907 1,334 18,527 10,368 1,780 1,614 3,594 1,172 11,338 5,708 1,027 844 3,181 577 58,302 28,047 6,919 5,346 13,793 4,196 71,893 14,108 42,581 478 105,575 155,592 154 102,707 419 4,087 25,697 22,529 92,345 808 76,315 660 1,485 4,530 8,548 314,282 2,800 229,840 6,410 14,948 19,290 40,992 106,247 4,719 73,797 3,413 5,647 6,813 11,858 151,482 1,065 112,554 1,556 2,607 5,696 28,004 558,047 4,483 421,755 13,343 28,778 28,717 60,971 312,613 2,439 242,131 5,531 13,369 14,975 34,168 172,718 2,443 123,489 4,681 6,633 13,147 22,325 116,356 1,354 71,758 5,970 21,632 5,078 10,564 56,567 684 41,135 1,532 2,267 3,677 7,272 302,015 7,794 205,163 14,119 12,813 19,351 42,775 2,686 4,767 7,272 1,111 1,122 1,666 69,743 3,419 10,262 6,496 13,990 68 N o t e . Totals shown for the United States differ from the national income and product account estimates of gross domestic product (GDP) because GDP by state excludes and national GDP includes the compensation of Federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad Professional Education and and health business services services 33,593 8,989 1,377 18,222 2,199 1,809 997 2,120 699,401 Financial activities 645,310 2,860,733 12,758 2,217 1,969 689,087 1,685,590 Transportation Information and utilities 2,212 1,012 6,022 ' and for military equipment, except office equipment. Also, GDP by state and national GDP have different revision schedules. Source: This table reflects the GDP-by-state estimates for 2007 that were released on June 5, 2008. D-74 April 2009 J. Local Area Table Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2005-2007—Continues Per capita personal incom e 1 Personal income Percent change from preceding perio d 2 Millions of dollars Area 2005 2006 2007p 10,284,356 10,968,393 11,652,339 6.7 6.2 34,757 36,714 38,632 5.6 5.2 Metropolitan portion................................................. 8,998,025 9,611,280 10,210,349 6.8 6.2 36,483 38,564 40,536 5.7 5.1 4,414 23,649 4,021 30,582 24,804 4,386 26,461 3,488 6,843 2,558 13,898 3,644 4,704 13,354 3,075 7,165 11,358 4,702 174,810 9,027 3,029 14,678 50,988 18,804 108,479 4,196 9,591 22,016 3,951 3,041 10,860 5,421 4,502 4,848 6,884 38,575 3,299 3,734 4,730 5,145 17,394 211,565 13,311 3,106 29,233 8,706 61,623 6,619 3,051 36,323 3,764 7,236 11,781 20,939 2,168 2,770 8,228 6,256 9,433 18,671 55,683 4,740 24,635 4,149 32,527 26,764 4,611 28,129 3,627 7,335 2,728 14,775 3,805 4,950 13,874 3,264 7,521 12,239 4,936 184,911 9,577 3,252 15,327 55,665 20,042 114,592 4,342 10,157 24,038 4,107 3,168 11,646 5,793 4,997 5,162 7,353 41,067 3,479 3,945 4,973 5,462 19,175 225,705 14,200 3,299 31,634 9,399 66,407 7,047 3,288 38,311 4,013 7,696 12,127 5,134 25,793 4,364 34,175 28,485 4,820 29,796 3,848 7,952 2,893 15,911 3,928 5,217 14,432 3,463 7,972 13,061 5,199 196,873 9,915 3,447 16,137 59,958 21,409 120,617 4,536 10,768 25,656 4,237 3,250 12,417 6,270 5,307 5,574 7,806 43,494 3,736 4,139 5,272 5,720 20,380 241,012 15,221 3,485 33,327 9,915 71,773 7,603 3,460 40,241 4,245 8,077 12,698 24,175 2,422 3,398 9,361 7,054 10,549 21,507 64,418 7,783 17,007 3,561 416,357 6,474 81,698 8,427 3,161 82,302 4,114 5,448 21,653 5,283 24,304 9,805 2,733 66,076 13,978 3,041 2,710 7.4 4.2 3.2 6.4 7.9 5.1 6.3 4.0 7.2 6.7 6.3 4.4 5.2 3.9 8.3 4.7 5.2 5.1 6.4 4.5 5.9 27,790 33,739 24,811 36,107 31,061 29,908 33,677 27,693 28,750 31,158 39,525 27,871 26,975 38,682 27,445 33,455 29,022 26,223 35,262 33,589 24,181 28,356 34,701 25,050 40,933 28,537 42,618 30,154 28,588 28,000 28,519 29,214 31,909 33,142 27,856 35,448 33,172 24,136 26,153 32,195 31,925 47,491 47,032 27,838 43,700 36,308 68,840 17,760 31,234 31,825 26,913 35,211 28,895 38,598 38,938 39,865 33,269 28,800 30,959 31,026 36,580 36,546 30,316 36,922 39,454 26,691 35,326 29,618 27,357 35,555 27,449 23,963 33,131 30,257 31,001 30,771 33,156 34,777 29,353 33,814 24,775 29,847 35,188 25,432 38,213 32,727 30,800 35,369 28,865 30,515 32,556 41,104 29,000 27,955 39,892 28,959 34,786 30,767 26,924 36,060 35,480 25,399 29,328 36,328 25,938 43,026 29,324 45,445 31,443 29,862 29,317 31,104 30,688 33,522 34,923 29,787 37,331 34,357 25,257 27,240 33,704 33,774 50,542 49,628 28,904 46,486 39,353 74,281 18,559 32,889 33,803 28,265 37,280 29,769 40,113 41,478 44,152 34,826 30,128 33,010 32,246 38,164 38,383 31,685 39,647 41,591 28,034 36,650 31,910 27,833 37,406 29,134 25,454 34,255 31,325 32,614 31,922 35,004 36,110 31,464 35,722 26,038 32,221 36,881 26,597 40,047 34,109 32,171 37,066 30,655 32,827 34,130 43,911 29,912 28,987 41,233 30,614 36,563 32,303 27,745 37,294 36,636 26,411 30,533 37,517 27,076 45,208 30,486 48,468 33,318 31,013 30,232 33,002 32,485 34,458 37,247 31,679 39,247 36,182 26,260 28,695 34,832 34,679 53,763 52,438 30,045 48,498 41,883 80,192 19,636 33,988 35,669 29,206 38,951 31,185 40,935 44,081 47,354 37,033 31,931 34,706 34,133 39,004 40,375 33,051 41,236 43,714 29,593 38,290 32,188 28,445 39,258 30,598 26,790 35,550 32,548 33,943 34,678 36,568 37,664 33,733 37,341 27,289 7.4 4.3 2.5 5.8 5.4 3.0 5.0 4.2 4.8 4.6 4.8 4.2 4.5 4.8 See the footnotes at the end of the table. 6,868 15,241 3,153 371,160 5,744 74,295 7,458 2,956 75,337 3,482 4,721 19,528 4,731 21,441 8,740 2,427 59,651 12,065 2,693 2,468 22,868 2,286 3,102 8,693 6,598 10,030 19,901 60,483 7,316 16,148 3,401 393,382 6,100 77,740 8,060 3,047 78,752 3,808 5,113 20,639 5,004 22,953 9,268 2,590 62,635 13,006 2,870 2,586 2007p 6.1 5.0 7.8 5.0 5.8 6.1 8.4 6.0 7.7 3.2 5.4 4.0 6.1 6.0 6.1 6.7 5.3 6.5 3.5 7.4 4.4 9.2 5.3 7.7 6.0 6.6 6.8 5.6 3.5 5.9 9.2 4.0 4.2 7.2 6.9 5.3 4.5 11.0 6.5 6.8 6.0 6.7 3.2 2.6 6.6 8.2 6.2 8.0 6.2 6.5 5.4 5.7 5.1 5.9 7.4 4.9 6.2 10.2 4.7 6.3 6.7 6.7 6.2 8.2 8.0 7.8 -6.5 7.8 5.5 6.6 6.4 2.9 9.2 5.5 12.0 5.6 5.5 6.3 6.6 8.6 6.5 6.0 7.9 6.0 6.2 4.6 8.1 3.1 4.5 9.4 8.3 5.7 5.8 7.1 6.0 6.8 7.2 5.7 5.4 5.5 8.1 7.9 5.2 5.0 5.8 5.0 4.7 5.7 5.9 9.5 7.7 6.9 5.2 8.1 6.5 6.4 5.3 4.7 5.8 6.1 5.1 4.6 3.7 4.5 8.0 6.6 6.7 5.0 7.8 4.9 5.6 5.9 5.8 5.5 5.5 7.5 6.6 6.0 4.8 4.8 6.0 2005 2006 2007p 2007p Percent change from preceding period United States...................................... Metropolitan Statistical Areas3 Abilene, T X ............................................................................... Akron, O H .................................................................................. Albany, G A ................................................................................. Albany-Schenectady-Troy, N Y ............................................. Albuquerque, N M ................................................................... Alexandria, L A .......................................................................... Allentown-Bethlehem-Easton, PA-NJ................................ Altoona, PA............................................................................... Amarillo, TX Ames, IA.... Anchorage, AK Anderson, IN Anderson, SC Ann Arbor, Ml Anniston-Oxford, A L ............................................................... Appleton, W l............................................................................. Asheville, N C ............................................................................ Athens-Clarke County, G A ................................................... Atlanta-Sandy Springs-Marietta, G A ................................. Atlantic City-Hammonton, N J .............................................. Auburn-Opelika, AL Augusta-Richmond County, G A -SC .................................... Austin-Round Rock, TX Bakersfield, C A ...... Baltimore-Towson, MD Bangor, M E ............. Barnstable Town, MA Baton Rouge, LA... Battle Creek, M l , . Bay City, M l ............ Beaumont-Port Arthur, T X .................................................... Bellingham, WA ,, Bend, O R ................ Billings, M T ............. Binghamton, N Y .... Birmingham-Hoover, A L ........................................................ Bismarck, ND Blacksburg-Christiansburg-Radford, V A ........................... Bloomington, IN Bloomington-Normal, IL Boise City-Nampa, ID Boston-Cambridge-Quincy, M A-NH.................................... Boulder, C O ............ Bowling Green, KY Bradenton-Sarasota-Vemce, F L .......................................... Bremerton-Silverdale, W A .................................................... Bridgeport-Stamford-Norwalk, C T ...................................... Brownsville-Harlingen, T X .................................................... Brunswick, G A ....... Buffalo-Niagara Falls, N Y ..................................................... Burlington, NC Burlington-South Burlington, V T .......................................... Canton-Massillon, O H ........................................................... Cape Coral-Fort Myers, FL ............................................'...... Carson City, N V ....................................................................... Casper, W Y ............ Cedar Rapids, IA... Champaign-Urbana, IL Charleston, W V .... Charleston-North Charleston-Summerville, S C ............. Charlotte-Gastonia-Concord, N C -S C ................................ Charlottesville, V A .................................................................. Chattanooga, TN-G A.............................................................. Cheyenne, W Y ........................................................................ Chicago-Naperville-Joliet, IL-IN -W I.................................... Chico, C A .................................................................................. Cincinnati-Middletown, OH-KY-IN....................................... Clarksville, T N -K Y .................................................................. Cleveland, T N ........................................................................... Cleveland-Elyria-Mentor, O H ............................................... Coeur d’Alene, ID .................................................................... College Station-Bryan, T X .................................................... Colorado Springs, C O ........................................................... Columbia, MO Columbia, SC Columbus, G A -A L .................................................................. Columbus, IN Columbus, OH Corpus Christi, T X .................................................................. Corvallis, OR Cumberland, M D -W V ............................................................ 2006 Rank in United States Dollars 2006 214 105 342 57 163 216 100 255 196 162 32 276 303 47 256 111 210 327 94 109 346 259 90 337 28 261 15 180 242 271 190 205 152 95 226 66 115 347 312 143 148 7 9 273 14 41 1 362 165 2007p 6.1 4.5 4.0 4.1 3.6 3.1 5.5 4.0 6.0 2.7 2.3 5.6 5.0 3.4 4.7 3.5 5.1 2.8 6.6 4.3 4.5 4.7 9.1 5.0 5.1 5.4 6.9 5.3 3.6 4.6 4.2 4.7 5.8 6.4 5.5 3.8 6.4 8.4 7.9 4.5 5.3 122 6.2 294 71 237 51 31 18 5.0 5.9 3.0 3.9 6.5 10.8 101 220 4.7 4.6 147 161 69 54 189 46 34 281 79 215 317 65 257 340 126 6.6 202 166 149 110 88 170 93 331 3.9 4.3 5.0 4.5 7.4 5.4 5.0 3.7 7.7 1.7 5.2 6.1 6.2 3.4 3.5 5.2 3.7 5.6 3.8 7.2 5.6 5.1 8.0 6.2 7.6 4.8 6.8 3.1 3.7 3.4 5.7 5.1 5.0 3.0 3.4 3.3 4.0 4.1 3.3 4.4 5.1 4.0 6.7 6.0 3.9 3.1 6.1 5.9 2.8 6.7 6.4 5.1 5.3 4.0 5.3 3.3 2.7 6.4 5.7 3.9 4.3 6.4 8.0 5.8 3.3 5.5 3.3 4.5 4.8 2.0 6.3 7.3 6.3 6.0 5.1 5.9 2.2 5.2 4.3 4.0 5.1 5.6 4.5 0.9 2.2 5.0 5.0 5.2 3.8 3.9 4.1 8.6 4.5 4.3 7.2 4.5 4.8 April 2009 Sur v ey of D-75 C u r r e n t B u sin ess Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2005-2007—Continues Per capita personal incom e 1 Personal income Area Millions of dollars 2005 Dallas-Fort Worth-Arlington, T X ......................................... Dalton, G A ................................................................................ Danville, IL................................................................................ Danville, V A .................................. Davenport-Moline-Rock Island, IA-IL Dayton, O H ................................... Decatur, A L .................................. Decatur, IL ..................................... Deltona-Daytona Beach-Ormond Beach, F L .................. Denver-Aurora, C O ..................... Des Moines-West Des Moines, IA Detroit-Warren-Livonia, Ml Dothan, A L .................................... Dover, D E ................................................................................. Dubuque, IA Duluth, MN-WI Durtiam, NC Eau Claire, Wl El Centro, CA Elizabethtown, KY Elkhart-Goshen, IN Elmira, NY El Paso, TX Erie, PA.. Eugene-Springfield, O R ....................................................... Evansville, IN-KY..................................................................... Fairbanks, A K .......................................................................... Fargo, N D -M N ......................................................................... Farmington, N M ....................................................................... Fayetteville, N C ....................................................................... Fayetteville-Springdale-Rogers, A R -M O .......................... Flagstaff, A Z ............................................................................. Flint, M l . Florence, SC Florence-Muscle Shoals, A L ............................................... Fond du Lac, W l...................................................................... Fort Collins-Loveland, C O .................................................... Fort Smith, A R -O K ................................................................. Fort Walton Beach-Crestview-Destin, F L ......................... Fort Wayne, IN ........................................................................ Fresno, C A ............................................................................... Gadsden, A L ............................................................................ Gainesville, F L ........................................................................ Gainesville, G A ....................................................................... Glens Falls, N Y . Goldsboro, NC... Grand Forks, ND-MN Grand Junction, CO Grand Rapids-Wyoming, M l................................................ Great Falls, MT.. Greeley, C O ....... Green Bay, W l......................................................................... Greensboro-High Point, NC Greenville, N C ................ Greenville-Mauldin-Easley, S C ............................................ Gulfport-Biloxi, MS Hagerstown-Martinsburg, M D -W V ..................................... Hanford-Corcoran, CA.. Harrisburg-Carlisle, PA. Harrisonburg, V A .................................................................... Hartford-West Hartford-East Hartford, C T ........................ Hattiesburg, M S ...................................................................... Hickory-Lenoir-Morganton, N C ........................................... Hinesville-Fort Stewart, G A .................................................. Holland-Grand Haven, M l..................................................... Honolulu, HI Hot Springs, AR Houma-Bayou Cane-Thibodaux, L A ................................. Houston-Sugar Land-Baytown, T X ..................................... Huntington-Ashland, W V-KY-O H........................................ Huntsville, AL Idaho Falls, ID Indianapohs-Carmel, IN ......................................................... Iowa City, IA Ithaca, NY Jackson,Ml Jackson, MS Jackson, TN Jacksonville, FL Jacksonville, NC Janesville, Wl Jefferson City, MO Johnson City, T N ..................................................................... Johnstown, PA Jonesboro, A R ......................................................................... Joplin, M O ................................................................................ See the footnotes at the end of the table. Percent change from preceding period 2 2006 221,192 3,526 238,858 3,674 2,022 2,100 2,720 12,099 26,685 4,326 3,575 13,778 100,447 19,745 167,565 3,894 4,006 2,773 8,096 15,983 4,412 3,396 3,254 6,160 2,437 17,156 7,677 9,812 11,335 3,025 6,156 3,010 10,740 11,725 3,493 12,131 5,441 3,653 3,124 9,354 7,458 6,425 12,415 22,752 2,673 7,359 4,548 3,611 2,925 2,822 3,748 24,593 2,426 5,713 9,636 21,016 4,439 17,528 6,446 7,260 3,109 18,210 3,010 50,523 3,271 9,573 1,615 7,890 33,684 2,667 5,291 216,765 7,301 12,174 3,236 59,477 4,662 2,815 4,453 16,164 3,131 44,281 4,895 4,455 4,215 4,859 3,870 2,775 4,259 2,764 12,814 27,823 4,542 3,723 14,683 107,788 21,118 171,339 4,147 4,234 2,924 8,533 17,216 4,659 3,592 3,490 6,429 2,586 18,123 8,046 10,483 11,986 3,292 6,557 3,306 11,442 12,625 3,767 12,616 5,799 3,852 3,251 9,968 8,020 6,862 13,057 23,980 2,799 7,854 4,846 3,822 3,093 2,945 4,122 25,635 2,599 6,120 10,038 22,346 4,776 18,615 7,092 7,765 3,329 19,097 3,147 53,147 3,583 10,175 1,685 8,261 35,954 2,896 6,345 237,784 7,719 13,114 3,509 63,030 4,957 3,001 4,583 17,152 3,262 47,972 5,174 4,802 4,390 5,117 4,051 2,947 4,485 2007p 256,943 3,850 2,205 2,878 13,608 28,670 4,821 3,954 15,465 114,466 22,457 176,109 4,392 4,423 3,075 9,012 18,668 4,913 3,895 3,625 6,634 2,719 19,510 8,505 11,092 12,325 3,484 7,112 3,573 12,336 13,590 4,066 12,757 6,054 4,060 3,449 10,628 8,458 7,134 13,676 25,513 2,941 8,296 5,183 4,051 3,276 3,203 4,573 26,420 2,715 6,525 10,585 23,621 5,101 19,837 8,425 8,120 3,607 20,131 3,348 56,650 3,769 10,642 1,800 8,499 38,003 3,099 7,033 260,213 8,145 13,951 3,788 66,073 5,303 3,185 4,727 18,082 3,412 50,637 5,579 4,947 4,617 5,394 4,274 3,136 4,736 2006 2007p 8.0 4.2 3.8 1.6 7.6 4.8 5.0 4.1 5.9 4.3 5.0 4.1 6.2 6.6 5.3 7.3 7.0 2.3 6.5 5.7 5.4 5.4 7.7 5.6 5.8 7.3 4.4 6.2 3.0 6.1 6.2 6.3 2.8 6.8 5.9 4.4 5.2 5.6 8.4 5.5 8.4 3.9 3.2 5.2 7.7 5.7 5.8 5.7 2.8 8.8 5.9 8.5 6.1 5.6 4.8 6.5 9.9 6.5 7.7 7.8 4.0 6.6 5.5 4.1 6.6 7.5 6.8 5.2 5.4 4.7 6.7 6.6 5.8 5.7 4.4 10.0 4.2 7.2 7.1 4.2 6.3 7.6 6.2 10.0 7.0 7.1 4.9 4.6 5.2 9.5 6.3 4.4 4.7 6.7 8.6 19.9 9.7 5.7 7.7 8.4 6.0 8.1 7.8 7.6 7.9 1.1 4.4 5.4 6.1 6.6 5.5 4.0 4.7 6.4 5.1 5.6 6.9 6.0 5.9 8.7 10.9 3.1 4.4 6.6 5.5 5.7 6.8 6.6 18.8 4.6 8.3 5.4 6.4 6.6 5.2 4.6 6.8 2.9 5.7 7.0 10.8 9.4 5.5 6.4 8.0 6.3 4.8 7.0 6.6 6.1 2.9 3.1 5.4 4.6 5.6 7.8 3.0 5.2 5.4 5.5 6.4 5.6 6.1 4.2 8.3 5.7 7.8 4.1 5.3 4.7 6.2 5.3 Rank in United States Dollars 2005 38,089 26,984 24,719 25,492 32,405 31,739 29,401 32,649 28,329 42,476 37,650 37,204 28,701 27,881 30,462 29,515 34,775 28,519 22,074 29,500 31,826 27,567 24,081 27,520 29,209 32,612 32,001 33,108 24,675 31,110 28,694 28,008 27,602 27,641 25,741 31,745 33,886 26,376 35,023 30,813 26,052 26,071 29,663 27,458 28,282 25,797 28,992 28,917 31,966 29,647 25,183 32,503 31,138 27,030 29,715 25,101 29,071 21,609 34,992 26,329 42,782 24,800 27,034 21,844 30,995 37,343 28,592 26,764 40,734 25,652 32,949 28,879 36,160 32,706 28,088 27,370 30,977 28,260 35,439 30,619 28,467 29,363 25,709 26,347 24,640 25,647 2006 39,924 27,720 25,700 26,008 34,236 33,195 30,683 34,133 29,615 44,691 39,418 38,119 30,147 28,616 31,959 31,152 36,693 29,837 22,769 31,524 32,723 29,320 24,977 28,767 30,825 34,378 34,722 34,639 27,155 32,817 29,807 29,879 28,803 29,328 27,025 32,923 35,397 27,985 37,497 32,127 27,081 27,194 30,971 28,110 29,799 27,417 30,093 30,746 33,172 31,740 26,002 33,627 32,539 28,280 30,998 31,171 30,289 22,771 36,395 27,120 44,835 26,469 28,500 23,510 32,122 39,653 30,400 31,562 43,174 27,145 34,689 30,396 37,735 34,272 29,857 28,100 32,287 29,066 37,519 31,942 30,356 30,325 26,735 27,733 25,705 26,601 2 007p 41,813 28,723 27,153 27,209 36,176 34,314 32,293 36,365 30,905 46,439 41,085 39,419 31,485 29,047 33,290 32,853 38,923 31,134 24,065 32,476 33,517 30,891 26,556 30,472 32,281 35,243 35,744 36,961 29,183 35,353 31,191 31,903 29,347 30,463 28,362 34,793 36,956 29,198 39,309 33,351 28,369 28,492 32,268 28,764 31,428 28,838 32,783 32,876 34,014 33,195 26,771 35,151 33,817 29,573 32,317 36,390 31,087 24,226 38,064 28,478 47,641 27,283 29,522 25,066 32,788 41,964 32,161 34,966 46,235 28,676 36,084 31,728 38,980 36,069 31,518 28,996 33,858 30,283 38,927 34,282 30,990 31,690 27,867 29,477 26,937 27,652 2007p Percent change from preceding period 2007p 2006 43 311 336 335 116 156 211 113 245 21 48 62 231 299 181 195 73 238 356 206 174 246 344 262 212 129 121 102 296 128 236 221 291 264 319 144 103 295 64 179 318 315 213 308 233 306 199 194 164 185 341 134 169 283 208 112 239 354 82 316 17 332 285 351 198 40 217 141 4.8 2.7 4.0 2.0 5.7 4.6 4.4 4.5 4.5 5.2 4.7 2.5 5.0 2.6 4.9 5.5 5.5 4.6 3.1 6.9 2.8 6.4 3.7 4.5 5.5 5.4 8.5 4.6 10.1 5.5 3.9 6.7 4.4 6.1 5.0 3.7 4.5 6.1 7.1 4.3 3.9 4.3 4.4 2.4 5.4 6.3 3.8 6.3 3.8 7.1 3.3 3.5 4.5 4.6 4.3 24.2 4.2 5.4 4.0 3.0 4.8 6.7 5.4 7.6 3.6 6.2 6.3 17.9 22 6.0 313 117 223 70 119 229 302 167 269 72 157 243 225 325 286 338 329 5.8 5.3 5.3 4.4 4.8 6.3 2.7 4.2 2.9 5.9 4.3 4.7 3.6 5.7 4.6 5.7 3.4 5.2 6.5 4.4 3.9 4.2 3.4 4.4 1.5 4.2 5.5 6.1 4.3 5.7 3.0 2.4 5.4 6.3 5.9 4.7 2.5 2.9 6.7 7.5 7.7 4.6 6.8 1.9 3.9 4.9 5.7 4.4 4.3 4.8 3.8 4.8 4.8 4.2 2.3 5.5 5.2 8.9 6.9 2.5 4.6 3.0 4.5 3.9 4.6 4.3 16.7 2.6 6.4 4.6 5.0 6.3 3.1 3.6 6.6 2.1 5.8 5.8 10.8 7.1 5.6 4.0 4.4 3.3 5.2 5.6 3.2 4.9 4.2 3.8 7.3 6.6 2.1 3.3 4.0 5.3 4.3 3.7 4.5 4.2 6.3 4.8 4.0 D-76 Regional Data April 2009 Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2005-2007—Continues Per capita personal incom e 1 Personal income Area 2005 Kalamazoo-Portage, M l......................................................... Kankakee-Bradley, IL.............................................................. Kansas City, M O -K S............................................................... Kennewick-Pasco-Richland, W A ........................................ Killeen-Temple-Fort Hood, T X ............................................. Kingsport-Bristol-Bristol, T N -V A ......................................... Kingston, N Y ............................................................................ Knoxville, TN Kokomo, IN La Crosse, W I-M N .................................................................. Lafayette, IN Lafayette, LA Lake Charles, LA Lake Havasu City-Kingman, A Z ......................................... Lakeland-Winter Haven, FL .................................................. Lancaster, P A ........................................................................... Lansing-East Lansing, M l..................................................... Laredo, T X ............ Las Cruces, NM... Las Vegas-Paradise, NV Lawrence, K S ...... Lawton, O K ........... Lebanon, PA ............................................................................. Lewiston, ID-W A...................................................................... Lewiston-Auburn, M E ............................................................ Lexington-Fayette, K Y ........................................................... Lima, O H ................................................................................... Lincoln, N E ............................................................................... Little Rock-North Little Rock-Conway, A R ........................ Logan, U T -ID ............................................................................ Longview, T X ............................................................................ Longview, W A ........................................................................... Los Angeles-Long Beach-Santa Ana, C A ........................ Louisville-Jefferson County, KY-IN...................................... Lubbock, T X ............................................................................. Lynchburg, V A ......................................................................... Macon, G A ............................................................................... Madera, C A .............................................................................. Madison, W l ............................................................................. Manchester-Nashua, N H ...................................................... Mansfield, O H ........................................................................... McAllen-Edinburg-Mission, T X ............................................ Medford, O R ............................................................................. Memphis, T N -M S -A R ............................................................ Merced, C A .............................................................................. Miami-Fort Lauderdale-Pompano Beach, F L .................. Michigan City-La Porte, I N ................................................... Midland, T X .............................................................................. Milwaukee-Waukesha-West Allis, W l ................................ Minneapolis-St. Paul-Bloomington, M N -W I..................... Missoula, M T ............................................................................ Mobile, AL ............. Modesto, CA ............. Monroe, LA ............ Monroe, M i............................................................................... Montgomery, A L ...................................................................... Morgantown, W V .................................................................... Morristown, T N ........................................................................ Mount Vernon-Anacortes, W A ............................................. Muncie, IN ................................................................................. Muskegon-Norton Shores, M l............................................. Myrtle Beach-North Myrtle Beach-Conway, S C ............. Napa, C A ................................................................................... Naples-Marco Island, F L ...................................................... Nashville-Davidson-Murfreesboro-Franklin, T N ............. New Haven-Milford, C T ......................................................... New Orleans-Metaifie-Kenner, LA...................................... New York-Northern New Jersey-Long Island, NY-NJ-PA Niles-Benton Harbor, M l........................................................ Norwich-New London, C T .................................................... Ocala, FL.............. Ocean City, NJ..... Odessa, T X ......... Ogden-Clearfield, UT Oklahoma City, OK Olympia, W A........ Omaha-Council Bluffs, N E -IA .............................................. Orlando-Kissimmee, FL......................................................... Oshkosh-Neenah, W l............................................................ Owensboro, K Y ....................................................................... Oxnard-Thousand Oaks-Ventura, C A ................................ See the footnotes at the end of the table. Percent change from preceding period 2 Millions of dollars 9,814 2,896 69,531 6,214 10,544 8,058 5,514 20,212 3,074 3,887 5,043 7,772 4,535 4,140 15,961 15,868 13,772 4,295 4,406 63,041 3,085 3,141 3,912 1,639 3,145 14,693 2,928 9,276 21,495 2,559 5,964 2,497 482,011 41,296 7,208 6,748 6,726 3,152 20,709 15,682 3,398 11,211 5,861 42,718 5,491 206,523 2,950 5,141 57,351 133,237 3,077 10,043 13,527 4,687 4,728 11,176 3,274 3,161 3,587 3,097 4,461 6,113 5,903 16,617 52,295 33,127 26,102 866,981 4,706 10,403 8,366 3,852 3,252 13,846 38,449 7,785 30,732 61,757 5,211 3,109 32,303 2006 10,281 3,027 73,692 6,428 11,648 8,515 5,966 21,537 3,196 4,107 5,249 8,723 5,777 4,513 17,309 16,572 14,546 4,580 4,712 68,032 3,280 3,491 4,109 1,737 3,240 15,643 3,032 9,776 23,055 2,684 6,491 2,647 513,123 43,935 7,643 7,134 7,044 3,250 21,963 16,593 3,485 12,003 6,256 45,108 5,615 220,610 3,077 6,011 60,906 140,320 3,282 11,001 14,097 4,920 4,986 11,971 3,510 3,307 3,873 3,208 4,628 6,667 6,242 17,990 56,135 34,964 39,829 935,178 4,949 10,809 9,119 4,009 3,671 14,938 41,907 8,371 32,917 66,129 5,457 3,255 33,940 2007p 10,745 3,213 78,229 6,944 12,845 8,925 6,302 22,765 3,318 4,332 5,554 9,453 6,420 4,742 18,058 17,529 15,009 4,920 5,039 73,138 3,472 3,685 4,382 1,846 3,433 16,656 3,142 10,363 25,180 2,927 7,031 2,818 539,163 46,481 8,086 7,482 7,279 3,476 23,158 17,508 3,549 13,017 6,607 47,614 5,859 232,772 3,236 6,610 63,873 149,048 3,479 11,538 14,903 5,093 5,095 12,565 3,722 3,425 4,146 3,321 4,750 7,042 6,737 19,515 59,397 37,049 47,591 1,005,205 5,207 11,387 9,555 4,169 4,119 16,078 44,599 9,019 34,836 69,584 5,809 3,404 35,868 2006 2007p 4.8 4.5 6.0 3.4 10.5 5.7 8.2 6.6 4.0 5.7 4.1 12.2 27.4 9.0 8.4 4.4 5.6 6.6 7.0 7.9 6.3 11.2 5.0 4.5 6.1 6.2 8.0 10.3 4.8 5.6 5.7 3.8 5.5 5.8 8.4 11.1 5.1 4.3 5.8 3.2 7.4 6.9 7.5 5.9 5.6 6.7 6.0 6.2 3.0 6.5 3.6 5.4 7.3 4.9 5.9 6.5 3.6 8.8 6.0 6.5 6.4 6.0 5.7 4.7 3.1 6.1 5.8 6.0 9.2 9.0 8.3 6.5 5.1 5.8 5.8 4.9 3.3 7.0 5.4 5.5 2.6 1.8 7.1 6.7 5.6 2.3 8.4 5.6 5.6 4.3 5.5 5.2 6.8 4.3 16.9 10.0 6.2 4.9 5.3 6.2 6.0 6.6 9.5 4.2 5.0 5.5 7.1 7.2 4.6 8.0 3.6 3.7 9.1 5.7 8.3 7.3 5.5 52.6 7.9 5.2 3.9 9.0 4.1 12.9 7.9 9.0 7.5 7.1 7.1 4.7 4.7 5.1 4.9 5.7 3.5 2.2 5.0 6.0 3.6 7.0 3.5 2.6 5.6 7.9 8.5 5.8 6.0 19.5 7.5 5.2 5.3 4.8 4.0 12.2 7.6 6.4 7.7 5.8 5.2 6.5 4.6 5.7 Rank in United States Dollars 2005 30,581 26,840 35,839 28,387 29,734 26,830 30,367 30,713 30,545 30,050 27,084 31,408 23,363 22,345 29,625 32,422 30,123 19,342 23,216 36,893 27,659 28,055 31,311 27,781 29,483 33,922 27,719 32,526 33,289 21,906 29,862 25,914 37,441 34,162 27,529 28,556 29,522 22,429 38,281 39,287 26,749 16,738 30,133 34,052 22,995 38,342 27,005 42,615 37,361 42,457 30,101 25,211 26,995 27,405 31,029 31,356 28,203 24,312 31,962 26,535 25,626 26,745 45,223 54,166 36,056 39,354 19,926 46,221 29,361 39,181 27,720 39,059 26,115 28,148 33,243 34,204 37,869 31,828 32,572 28,046 40,845 2006 31,896 27,718 37,566 28,735 32,575 28,222 32,811 32,132 31,949 31,594 27,724 34,250 30,224 23,548 31,018 33,556 31,848 20,127 24,293 38,281 29,137 31,065 32,495 29,152 30,275 35,487 28,793 33,887 35,070 22,663 32,178 26,781 39,880 36,000 28,834 29,661 30,757 22,580 40,088 41,368 27,575 17,409 31,785 35,470 23,182 40,737 28,158 48,644 39,536 44,237 31,535 27,360 27,811 28,511 32,521 32,987 30,011 25,019 33,825 27,735 26,560 27,809 47,491 57,446 37,758 41,454 40,211 49,789 31,017 40,300 29,012 41,068 28,989 29,650 35,637 35,903 40,106 33,092 33,874 29,226 42,746 2007p 33,239 29,024 39,402 30,325 34,717 29,388 34,653 33,402 33,230 33,091 28,901 36,853 33,448 24,324 31,418 35,165 32,883 21,103 25,351 39,828 30,594 32,380 34,268 30,740 32,139 37,247 29,857 35,463 37,785 24,170 34,529 28,046 41,875 37,675 30,261 30,719 31,670 23,726 41,679 43,518 28,241 18,320 33,150 37,183 23,864 43,001 29,474 52,294 41,358 46,458 32,933 28,531 29,149 29,561 33,167 34,333 31,601 25,446 35,618 28,772 27,240 28,177 50,817 61,788 39,040 43,820 46,188 53,423 32,626 42,586 29,412 43,232 31,788 31,017 37,385 37,809 41,976 34,236 35,825 30,361 44,927 2007p Percent change from preceding period 2006 183 300 63 266 146 290 150 178 184 188 304 107 177 353 234 132 193 361 350 59 258 207 159 251 218 95 277 127 86 355 151 323 42 87 270 253 227 358 44 35 320 363 187 98 357 37 287 11 45 20 192 314 297 284 186 155 228 348 124 307 334 322 12 2 68 33 23 8 200 2007p 4.3 3.3 4.8 1.2 4.1 5.6 4.0 4.0 4.7 4.2 7.6 10.7 3.3 1.3 4.8 3.2 4.8 4.4 4.0 5.0 4.2 5.5 5.4 8.0 4.6 4.6 5.1 2.4 9.0 29.4 5.4 4.7 3.5 5.7 4.1 4.6 3.8 5.3 10.7 3.8 4.9 2.7 4.6 3.9 4.2 5.4 3.5 7.8 3.3 6.5 5.4 4.7 3.9 4.2 0.7 4.7 5.3 3.1 4.0 5.5 4.2 6.2 5.0 3.7 4.7 7.7 6.6 0.8 6.2 4.3 14.1 5.8 4.2 4.8 8.5 3.0 4.0 4.8 5.2 6.4 2.9 5.8 4.5 3.6 4.0 5.0 6.1 4.7 5.3 101.8 38 288 36 222 11.0 241 92 84 39 160 5.3 7.2 5.0 5.9 4.0 4.0 4.2 4.7 120 6.6 9.6 5.2 7.7 5.6 2.9 4.7 5.1 265 29 4.2 4.7 4.9 5.5 . 7.3 4.7 5.0 4.7 4.9 3.6 3.0 5.1 4.0 5.2 2.4 5.2 4.3 4.8 2.9 5.6 4.7 7.5 4.6 5.0 4.4 4.3 4.8 3.7 2.0 4.1 5.3 1.7 5.3 3.7 2.6 1.3 7.0 7.6 3.4 5.7 14.9 7.3 5.2 5.7 1.4 5.3 9.7 4.6 4.9 5.3 4.7 3.5 5.8 3.9 5.1 April 2009 Su r v e y of D-77 C u r r e n t B u sin ess Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2005-2007—Continues Per capita personal incom e' Personal income Area Millions of dollars 2005 Palm Bay-Melbourne-Titusville, F L ................................... Palm Coast, FL........................................................................ Panama City-Lynn Haven, FL.............................................. Parkersburg-Marietta-Vienna, W V -O H ............................. Pascagoula, M S ...................................................................... Pensacola-Ferry Pass-Brent, F L ........................................ Peoria, IL ................................................................................... Philadelphia-Camden-Wilmington, PA-NJ-DE-M D........ Phoenix-Mesa-Scottsdale, A Z ............................................. Pine Bluff, A R .......................................................................... Pittsburgh, PA Pittsfield, MA Pocatello, ID Portland-South Portland-Biddeford, M E ........................... Portland-Vancouver-Beaverton, O R -W A .......................... Port St. Lucie, FL..................................................................... Poughkeepsie-Newburgh-Middletown, N Y ...................... Prescott, A Z ............................................................................. Providence-New Bedford-Fall River, R I-M A .................... Provo-Orem, U T ..................................................................... Pueblo, C O ............................................................................... Punta Gorda, FL...................................................................... Racine, Wl ........................................................................ Raleigh-Cary, NC Rapid City, S D .. Reading, PA Redding, CA Reno-Sparks, NV Richmond, VA.„ Riverside-San Bernardino-Ontario, C A ............................ Roanoke, V A ........................................................................... Rochester, M N ........................................................................ Rochester, N Y ......................................................................... Rockford, IL .............................................................................. Rocky Mount, N C ................................................................... Rome, G A ................................................................................ Sacramento-Arden-Arcade-Roseville, C A ........................ Saginaw-Saginaw Township North, M l............................. St. Cloud, M N .......................................................................... St. George, UT St. Joseph, MO-KS St. Louis, MO-IL Salem, OR Salinas, CA Salisbury, MD Salt Lake City, UT San Angelo, T X ....................................................................... San Antonio, T X ...................................................................... San Diego-Carlsbad-San Marcos, C A ............................. Sandusky, O H ......................................................................... San Francisco-Oakland-Fremont, C A ............................... San Jose-Sunnyvale-Santa Clara, C A ............................. San Luis Obispo-Paso Robles, C A ..................................... Santa Barbara-Santa Maria-Goleta, C A ........................... Santa Cruz-Watsonville, C A ................................................ Santa Fe, N M ........................................................................... Santa Rosa-Petaluma, C A ................................................... Savannah, G A ......................................................................... Scranton-Wilkes-Barre, PA................................................... Seattle-Tacoma-Bellevue, W A ............................................. Sebastian-Vero Beach, F L ................................................... Sheboygan, W l........................................................................ Sherman-Denison, T X .......................................................... Shreveport-Bossier City, L A ................................................ Sioux City, IA-NE-SD............................................................. Sioux Falls, SD South Bend-Mishawaka, IN -M I............................................ Spartanburg, SC Spokane, W A .. Springfield, IL .. Springfield, MA Springfield, MO Springfield, OH State College, PA Stockton, C A ... Sumter, SC Syracuse, N Y .......................................................................... See the footnotes at the end of the table. Percent change from preceding perio d 2 2006 17,023 2,148 4,909 4,309 3,919 12,580 12,319 237,201 126,848 2,433 85,876 4,797 18,130 2,391 5,267 4,555 4,214 13,482 13,237 251,979 138,465 2,554 91,101 5,049 2,100 2,221 18,124 73,087 13,580 22,649 5,033 57,029 9,801 3,816 4,736 6,475 34,010 3,814 12,449 5,155 16,669 43,550 104,067 9,437 6,504 35,424 9,618 3,886 2,705 71,974 5,630 5,215 2,784 3,208 99,882 10,327 14,772 3,250 35,098 3,045 58,722 118,793 2,582 224,702 89,926 8,768 16,500 10,519 5,516 18,926 10,290 16,724 135,770 6,387 3,850 3,015 11,659 4,155 7,578 10,027 7,221 12,573 6,787 18,938 78,618 14,744 24,096 5,538 59,425 10,669 4,009 5,129 6,853 37,242 3,990 13,331 5,491 17,834 45,699 111,596 9,921 6,858 37,300 10,189 4,058 2,827 76,481 5,851 5,476 3,087 3,426 105,191 11,057 15,586 3,399 37,883 3,195 63,546 126,194 2,659 240,484 97,685 9,334 17,490 11,322 5,977 20,038 22,210 •11,165 3,988 4,069 17,257 2,603 20,374 11,112 17,558 148,015 7,002 4,036 3,231 12,367 4,325 7,983 10,459 7,628 13,541 7,075 23,103 11,710 4,161 4,313 18,125 2,732 21,465 2007p 18,854 2,552 5,459 4,770 5,016 14,079 14,032 264,937 146,322 2,686 96,463 5,308 2,355 19,954 83,765 15,945 25,538 5,933 62,221 11,701 4,290 5,372 7,193 40,488 4,221 14,125 5,846 19,174 48,243 117,297 10,368 7,265 39,229 10,747 4,266 2,941 80,654 5,927 5,798 3,338 3,665 111,032 11,727 16,559 3,591 41,381 3,349 68,239 133,369 2,721 257,854 105,902 9,942 18,642 12,065 6,466 21,255 11,882 18,517 160,501 7,666 4,261 3,453 12,984 4,647 8,508 10,903 8,100 14,469 7,485 24,314 12,423 4,280 4,549 19,286 2,836 22,712 2007" 2006 2005 6.5 11.3 7.3 5.7 7.5 7.2 7.5 4.0 6.7 3.6 4.7 19.0 4.4 6.2 5.1 5.7 5.2 5.9 5.1 9.2 5.0 6.1 5.3 5.8 4.5 7.6 8.6 6.4 10.0 4.2 8.9 5.1 8.3 5.8 9.5 4.6 7.1 6.5 7.0 4.9 7.2 5.1 5.4 5.3 5.9 4.4 4.5 6.3 3.9 5.0 10.9 6.8 5.3 7.1 5.5 4.6 7.9 4.9 8.2 6.2 3.0 7.0 8.6 6.5 6.0 7.6 8.4 5.9 8.0 5.0 9.0 9.6 4.8 7.1 6.1 4.1 5.3 4.3 5.6 7.7 4.3 4.0 4.9 4.3 6.0 5.0 4.9 5.4 Rank in United States Dollars 6.0 6.0 5.4 6.5 8.1 6.0 7.1 4.7 9.7 7.0 4.7 5.0 8.7 5.8 6.0 6.5 7.5 5.6 5.1 .4.5 5.9 5.2 5.5 5.1 4.0 5.5 1.3 5.9 8.1 7.0 5.6 6.1 6.2 5.6 9.2 4.8 7.4 5.7 2.3 7.2 8.4 6.5 6.6 6.6 8.2 6.1 6.9 5.5 8.4 9.5 5.6 6.9 5.0 7.4 6.6 4.2 6.2 6.9 5.8 5.2 6.1 2.9 5.5 6.4 3.8 5.8 32,314 28,474 30,378 26,643 25,248 28,267 33,540 40,948 32,660 23,456 36,159 36,614 24,358 35,425 34,921 36,086 34,164 25,460 35,412 21,127 25,438 30,886 33,404 35,585 32,287 31,617 29,010 42,219 37,082 26,818 32,308 36,886 34,294 28,311 27,004 28,705 35,318 27,246 28,741 23,353 26,345 35,991 27,699 36,137 28,016 33,469 28,519 31,189 40,383 33,171 54,191 51,277 33,959 40,968 42,017 39,522 40,821 32,730 30,476 42,356 50,369 33,861 26,046 30,543 29,444 35,276 31,741 27,179 28,544 33,083 32,475 27,860 28,157 28,696 26,239 24,831 31,445 2006 34,081 29,001 32,081 28,285 28,156 29,880 35,887 43,364 34,215 24,838 38,550 38,774 25,490 37,000 36,845 37,937 36,164 26,786 37,040 22,187 26,363 33,510 35,209 37,221 33,498 33,432 30,762 44,337 38,233 27,936 33,693 38,341 36,179 29,502 28,071 29,730 37,078 28,550 29,864 24,248 28,032 37,652 29,107 38,373 28,737 35,145 29,680 32,810 42,801 34,292 57,747 55,020 35,872 43,510 45,194 42,363 43,318 34,563 32,002 45,369 54,045 35,419 27,591 31,941 30,450 36,017 33,082 28,261 30,266 34,365 33,815 28,518 29,463 29,910 27,272 26,242 33,198 2007p 35,164 28,866 33,290 29,691 32,992 31,048 37,801 45,460 35,010 26,469 40,949 40,898 26,881 38,889 38,511 39,850 38,121 27,900 38,868 23,720 27,760 35,151 36,869 38,648 35,091 35,140 32,582 46,734 39,773 28,740 34,963 40,118 38,068 30,507 29,299 30,754 38,570 29,304 31,248 24,951 29,719 39,602 30,324 40,623 30,020 37,620 30,983 34,279 44,832 35,187 61,337 58,716 37,884 46,120 47,923 45,230 45,766 36,078 33,703 48,499 58,144 37,209 29,096 33,500 32,542 37,453 34,432 29,396 31,718 36,229 35,617 29,577 30,471 31,445 28,743 27,283 35,196 2007p 133 305 181 279 191 240 85 26 140 345 50 52 339 74 78 58 80 324 75 359 326 134 106 76 139 136 Percent change from preceding period 2006 2007p 5.5 1.9 5.6 6.2 11.5 5.7 7.0 5.9 4.8 5.9 6.6 5.9 4.6 4.4 5.5 5.1 5.9 5.2 4.6 5.0 3.6 8.5 5.4 4.6 3.8 5.7 201 6.0 19 60 310 142 56 81 260 293 250 77 292 235 352 278 61 267 53 274 89 244 158 30 131 3 4 83 24 16 27 25 118 172 13 5 97 298 175 203 91 153 289 224 114 125 282 263 232 309 332 130 5.0 3.1 4.2 4.3 3.9 5.5 4.2 4.0 3.6 5.0 4.8 3.9 3.8 6.4 4.6 5.1 6.2 2.6 5.0 4.1 5.2 6.0 3.2 -0 .5 3.8 5.0 17.2 3.9 5.3 4.8 2.3 6.6 6.2 5.5 5.5 5.1 4.5 5.0 5.4 4.2 4.9 6.9 5.3 4.9 4.7 3.8 4.8 5.1 5.9 5.4 4.0 2.9 3.8 4.6 5.2 3.4 4.4 3.4 4.0 2.6 4.6 2.9 6.0 5.2 4.2 5.9 4.5 7.0 4.4 4.5 4.7 6.6 2.6 6.2 7.3 5.6 6.7 5.6 6.2 6.0 6.0 6.8 3.4 7.6 7.2 6.1 5.6 5.0 7.1 7.3 4.6 5.9 4.6 3.4 2.1 4.2 4.0 6.0 3.9 4.1 2.4 4.6 4.2 3.9 5.7 5.6 5.7 4.4 5.3 6.9 7.6 5.1 5.5 4.9 6.9 4.0 4.1 4.0 4.8 5.4 5.3 3.7 3.4 5.1 5.4 4.0 6.0 D-78 Regional Data April 2009 Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2005-2007—Table Ends Personal income Area Millions of dollars 2005 Tallahassee, F L ....................................................................... Tampa-St. Petersburg-Clearwater, F L ............................... Terre Haute, IN ........................................................................ Texarkana, TX-Texarkana, A R ............................................. Toledo, O H ........................... Topeka, K S .......................... Trenton-Ewing, N J ............. Tucson, A Z .......................... Tulsa, O K ............................. Tuscaloosa, A L ................... Tyler, T X ............................... Utica-Rome, N Y ................. Valdosta, G A ...................... Vallejo-Fairfield, C A ........... Victoria, T X .......................... Vineland-Millville-Bridgeton, NJ Virginia Beach-Norfolk-Newport News, V A -N C .............. Visalia-Porterville, CA....... Waco, T X ................................................................................... W arner Robins, G A ................................................................ Washington-Arlington-Alexandria, D C -V A -M D -W V....... W aterloo-Cedar Falls, IA ....................................................... Wausau, W l......................... Weirton-Steubenville, WV-OH Wenatchee, W A.................. Wheeling, W V -O H ............. Wichita, K S .......................... Wichita Falls, T X ................. Williamsport, P A ................. Wilmington, N C ....................................................................... Winchester, V A -W V ................................................................ Winston-Salem, N C ................................................................ Worcester, M A ......................................................................... Yakima, W A .............................................................................. York-Hanover, PA.................................................................... Youngstown-Warren-Boardman, OH-PA........................... Yuba City, C A ............................................................................ Yuma, A Z ................................................................................... 10,209 89,013 4,323 3,601 20,184 6,903 16,631 27,496 31,043 5,782 6,070 8,086 3,102 13,654 3,295 4,176 54,862 9,615 6,081 3,590 258,222 4,958 4,109 3,258 2,864 4,097 20,170 4,461 3,213 9,380 3,460 14,599 28,498 5,753 13,162 16,234 4,004 3,807 2006 10,840 95,750 4,524 3,836 21,021 7,212 18,177 29,807 34,131 6,214 6,539 8,553 3,258 14,322 3,567 4,446 57,899 9,994 6,411 3,781 272,861 5,214 4,317 3,388 3,082 4,284 22,081 4,880 3,345 10,178 3,670 15,613 30,206 6,120 13,708 16,972 4,234 4,075 Per capita personal incom e' Percent change from preceding perio d 2 2007p 11,463 100,507 4,774 4,128 21,940 7,700 19,145 31,728 36,436 6,577 6,982 9,059 3,460 15,192 3,807 4,618 60,862 10,697 6,840 3,971 287,676 5,527 4,564 3,558 3,303 4,482 23,387 5,152 3,518 10,969 3,818 16,519 32,096 6,455 14,458 17,529 4,499 4,339 p Preliminary 1. Per capita personal income was computed using Census Bureau midyear population estimates. 2. Percent change calculated from unrounded data. 3. The metropolitan area definitions used by BEA for its personal income estimates are the new county- 2006 2007p 6.2 7.6 4.6 6.5 4.1 4.5 9.3 8.4 9.9 7.5 7.7 5.8 5.0 4.9 8.3 6.5 5.5 3.9 5.4 5.3 5.7 5.2 5.1 4.0 7.6 4.6 9.5 9.4 4.1 8.5 6.1 6.9 6.0 6.4 4.2 4.5 5.7 7.0 5.7 5.0 5.5 7.6 4.4 6.8 5.3 6.4 6.8 5.8 6.8 5.9 6.2 6.1 6.7 3.9 5.1 7.0 6.7 5.0 5.4 6.0 5.7 5.0 7.2 4.6 5.9 5.6 5.2 7.8 4.0 5.8 6.3 5.5 5.5 3.3 6.3 6.5 Rank in United States Dollars 2005 29,834 33,678 25,518 27,202 30,811 30,375 45,740 29,658 35,180 29,143 31,892 27,363 24,581 33,445 29,323 27,378 33,259 23,654 27,091 28,507 49,442 30,514 32,148 25,982 27,671 27,764 34,491 29,760 27,285 29,620 29,847 32,680 36,666 25,141 32,377 27,927 25,827 21,081 2006 31,180 35,541 26,695 28,650 32,209 31,679 49,847 31,418 38,219 30,660 33,569 29,013 25,381 35,074 31,649 28,834 34,858 24,153 28,340 29,525 51,868 31,949 33,444 27,335 29,267 29,253 37,471 32,653 28,502 30,918 30,849 34,311 38,748 26,510 33,071 29,434 26,391 21,925 2007p 32,536 36,898 28,193 30,756 33,704 33,670 52,388 32,807 40,227 32,051 35,140 30,722 26,582 37,180 33,450 29,689 36,692 25,376 29,984 30,308 54,211 33,839 35,121 29,024 30,817 30,814 39,210 34,779 30,115 32,309 31,506 35,666 41,077 27,697 34,339 30,714 27,412 22,772 2007p Percent change from preceding period 2007p 2006 204 104 321 249 171 173 10 197 55 219 136 252 343 99 176 280 108 349 275 268 6 168 138 300 247 248 67 145 272 209 230 123 49 328 154 254 330 360 4.5 5.5 4.6 5.3 4.5 4.3 9.0 5.9 8.6 5.2 5.3 6.0 3.3 4.9 7.9 5.3 4.8 2.1 4.6 3.6 4.9 4.7 4.0 5.2 5.8 5.4 8.6 9.7 4.5 4.4 3.4 5.0 5.7 5.4 2.1 5.4 2.2 4.0 4.3 3.8 5.6 7.4 4.6 6.3 5.1 4.4 5.3 4.5 4.7 5.9 4.7 6.0 5.7 3.0 5.3 5.1 5.8 2.7 4.5 5.9 5.0 6.2 5.3 5.3 4.6 6.5 5.7 4.5 2.1 3.9 6.0 4.5 3.8 4.3 3.9 3.9 based definitions issued by the Office of Management and Budget in June 2003 (with revisions released February 2004, March 2005, December 2005, December 2006, and November 2007) for federal statistical purposes. Source: Table 1 “Personal Income for Metropolitan Areas for 2007” in the September 2008 S urvey of C urrent Business. April 2009 Su rvey of D-79 C u r r e n t B u sin ess Table J.2. Gross Domestic Product (GDP) by Metropolitan Area for Industries, 2006—Continues [Millions of dollars] Metropolitan area U.S. metropolitan portion................................................ Abilene, T X .......................................................................... Akron, OH Albany, GA Albany-Schenectady-Troy, N Y ....................................... Albuquerque, NM Alexandria, LA Allentown-Bethlehem-Easton, PA-NJ.......................... Altoona, PA.......................................................................... Amarillo, TX Ames, IA.. Anchorage, AK Anderson, IN Anderson, SC Ann Arbor, Ml Anniston-Oxford, A L ......................................................... Appleton, W l....................................................................... Asheville, N C ...................................................................... Athens-Clarke County, G A.............................................. Atlanta-Sandy Springs- M arietta, G A ........................... Atlantic City-Hammonton, N J ........................................ Auburn-Opelika, A L .......................................................... Augusta-Richmond County, G A -SC .............................. Austin-Round Rock, T X ................................................... Bakersfield, C A .................................................................. Baltimore-Towson, MD Bangor, M E ......... Barnstable Town, MA Baton Rouge, LA Battle Creek, Ml.. Bay City, M l......... Beaumont-Port Arthur, T X .............................................. Bellingham, W A ................................................................. Bend, OR Billings, MT Binghamton, NY Birmingham-Hoover, A L .................................................. Bismarck, N D ...................................................................... Blacksburg-Christiansburg-Radford, V A ..................... Bloomington, IN ................................................................. Bloomington-Normal, IL................................................... Boise City-Nampa, ID ....................................................... Boston-Cambridge-Quincy, M A -N H ............................. Boulder, C O ........................................................................ Bowling Green, K Y ........................................................... Bradenton-Sarasota-Venice, F L ................................... Bremerton-Silverdale, W A .............................................. Bridgeport-Stamford-Norwalk, C T ................................ Brownsville-Harlingen, T X .............................................. Brunswick, G A ................................................................... Buflalo-Niagara Falls, N Y ............................................... Burlington, N C ................................................................... Burlington-South Burlington, V T ................................... Canton-Massillon, O H ..................................................... Cape Coral-Fort Myers, F L ............................................. Carson City, N V ................................................................. Casper, W Y ........................................................................ Cedar Rapids, IA ............................................................... Champaign-Urbana, IL .................................................... Charleston, W V ................................................................. Charleston-North Charleston-Summerville, S C ....... Charlotte-Gastonia-Concord, N C -S C .......................... Charlottesville, V A ............................................................ Chattanooga, TN -G A ........................................................ Cheyenne, W Y .................................................................. Chicago-Naperville-Joliet, IL-IN -W I............................. Chico, C A ............................................................................ Cincinnati-Middletown, OH-KY-IN................................. Clarksville, T N -K Y ............................................................ Cleveland, T N ..................................................................... Cleveland-Elyria-Mentor, O H ......................................... Coeur d’Alene, ID .............................................................. College Station-Bryan, T X .............................................. Colorado Springs, C O ..................................................... Columbia, M O .................................................................... Columbia, S C ..................................................................... Columbus, GA-AL.............................................................. Columbus, IN ...................................................................... Columbus, O H ................................................................... Corpus Christi, T X ............................................................ Corvallis, O R ...................................................................... Cumberland, M D -W V ....................................................... Dallas-Fort Worth-Arlington, T X .................................... Dalton, G A .......................................................................... Danville, IL ........................................................................... Danville, V A ........................................................................ Davenport-Moline-Rock Island, IA-IL........................... Dayton, O H ......................................................................... Decatur, AL......................................................................... Decatur, IL ........................................................................... Deltona-Daytona Beach-Ormond Beach, FL............. Rank of total GDP by metropolitan area 253 74 273 58 61 272 71 302 182 327 82 342 278 103 316 179 137 229 10 134 333 110 39 78 19 250 187 56 265 352 130 207 221 223 206 48 295 261 245 200 84 9 111 290 79 188 34 212 341 55 282 164 141 90 344 224 156 201 135 81 21 184 97 297 3 228 29 177 338 26 300 226 88 235 68 161 308 33 123 315 360 6 231 361 351 116 60 255 262 149 Total Natural Durable Nondurable Con goods goods resources manu and struction manu mining facturing facturing 11,786,575 4,927 26,179 4,541 35,896 32,864 4,542 27,199 3,831 8,435 3,399 23,577 3,109 4,378 17,799 3,507 8,705 12,740 5,613 257,032 13,252 3,257 16,448 71,176 25,067 125,918 5,034 8,183 36,848 4,649 2,690 13,476 6,714 259,662 640 148 124 (D) (D) 119 6,011 58 (D) 60 1,536 (D) 5,980 6,825 51,535 3,954 4,702 5,193 7,276 23,125 275,756 16,263 4,038 24,772 8,115 78,387 6,555 3,134 40,561 4,308 9,567 12,541 21,838 3,013 5,678 11,093 7,269 13,092 24,056 114,147 8,332 19,103 3,948 485,002 5,625 93,370 8,752 3,158 101,605 3,857 5,669 22,296 5,448 28,401 10,026 3,640 85,514 14,352 3,532 2,256 338,493 5,556 2,107 2,694 15,490 33,547 4,826 4,680 11,919 111 52 836 53 6,564 31 32 34 28 204 (D) 123 877 66 37 (D) 1,641 6,150 (D) 76 43 842 (D) 23 289 202 22 122 565,294 208 1,039 (D) 1,629 1,932 246 (D) 151 376 120 1,286 101 249 506 98 662 790 246 (D) 823 158 1,018 3,971 1,461 6,989 228 623 (D) 165 88 1,177 543 538 346 314 2,833 197 (D) 221 33 422 541 241 (D) 363 69 (D) 160 39 269 1,622 11,147 594 (D) 2,391 362 (D) 307 202 1,473 248 492 596 3,101 (D) 194 474 306 616 1,579 4,927 458 (D) 214 22,897 379 (D) 245 (D) 3,268 334 311 1,406 274 1,524 (D) 14 83 283 132 (D) (D) 141 (D) 1,466 (D) 520 (D) 64 (D) 1,130 220 255 129 47 672 79 418 (D) 35 307 64 (D) 372 1,300 (D) 33 17,018 64 61 (D) 128 86 86 22 138 200 100 3,302 1,277 73 97 15,922 104 48 (D) 526 1,075 243 284 1,037 743,848 (D) 3,114 (D) (D) (D) (D) (D) 254 (D) 223 80 671 836 1,767 490 810 (D) 361 (D) 190 320 (D) 8,773 (D) (D) 181 109 (D) 604 249 798 398 (D) (D) 828 (D) 256 (D) (D) 266 (D) (D) (D) (D) 1,194 132 4,085 (D) (D) 3,619 420 (D) 2,190 541 (D) 90 1,276 (D) (D) 1,910 5,698 (D) 1,492 36 (D) (D) (D) (D) 442 (D) 229 (D) (D) 266 (D) (D) 1,528 (D) 459 (D) (D) (D) 144 (D) 201 (D) 4,256 (D) 640 574 Trade Transpor tation and utilities Infor mation Financial activities Pro fessional and business services 561,131 1,452,424 567,776 573,995 2,611,051 1,490,915 438 699 217 (D) (D) (D) 3,441 3,817 4,178 1,417 639 1,861 359 210 393 (D) (D) (D) 1,563 5,595 (D) (D) (D) (D) 4,710 (D) 1,316 5,959 (D) (D) 368 96 398 (D) (D) (D) 1,171 3,740 3,585 (D) (D) (D) 397 105 339 268 353 669 644 1,284 842 561 (D) (D) 464 61 439 206 298 73 3,010 1,716 101 749 (D) (D) 387 202 62 159 380 150 220 518 596 177 33 466 2,544 452 1,677 508 2,689 1,368 174 229 252 154 542 115 307 1,385 705 1,330 1,169 300 2,325 256 (D) (D) (D) (D) 717 342 470 161 (D) (D) 58,741 15,606 35,973 (D) (D) (D) 108 1,368 408 170 2,176 851 192 144 59 447 246 389 354 1,419 (D) (D) (D) (D) 10,477 9,387 1,882 10,829 1,203 4,500 2,482 1,762 2,952 1,319 356 (D) 4,236 26,720 (D) (D) (D) (D) 224 850 399 179 681 389 2,194 255 248 779 65 1,003 4,002 3,119 1,863 (D) (D) (D) 474 314 866 197 68 (D) 295 152 403 221 80 296 1,627 754 1,398 3,108 289 808 444 770 1,117 206 155 1,058 221 1,854 489 619 184 (D) 1,039 448 165 953 (D) (D) 452 212 702 590 239 958 3,924 5,018 (D) (D) (D) (D) 291 132 376 138 553 590 307 208 61 448 (D) (D) 365 603 (D) (D) (D) (D) 184 677 232 134 2,410 1,411 4,878 3,199 1,020 596 (D) (D) 73,984 48,281 29,168 7,981 15,355 (D) 1,694 190 1,682 2,282 3,526 (D) 464 383 373 (D) (D) (D) 3,362 5,161 4,322 459 555 785 12 848 147 162 1,175 563 3,797 7,954 2,907 3,457 30,401 12,458 677 402 947 342 163 (D) 197 404 (D) (D) (D) (D) 3,542 5,054 6,816 4,615 1,776 1,096 479 587 52 691 610 125 901 326 (D) (D) (D) (D) 246 1,998 785 679 (D) (D) 104 3,067 627 1,227 5,629 1,961 710 188 351 39 (D) (D) 684 55 626 207 48 (D) 2,287 746 813 1,352 1,028 641 542 783 1,128 (D) (D) (D) 1,175 (D) (D) (D) (D) (D) 580 680 4,390 (D) (D) (D) 8,158 11,797 5,091 5,092 46,181 11,363 1,649 315 (D) (D) (D) (D) 1,445 444 3,154 1,832 1,613 (D) 385 541 526 208 99 (D) 26,417 119,093 75,926 (D) (D) (D) 124 831 237 1,109 395 (D) 4,291 18,119 14,200 (D) (D) (D) 652 442 223 (D) (D) (D) 411 472 397 97 285 (D) 11,999 12,636 4,180 2,758 25,549 (D) 44 114 877 358 543 140 174 551 392 (D) (D) (D) 3,214 1,107 3,131 258 2,216 539 451 105 695 149 133 769 4,202 1,790 4,815 2,653 (D) (D) 194 1,412 823 (D) (D) (D) 252 142 45 385 189 313 5,114 11,978 10,443 2,851 22,000 (D) 1,212 1,215 1,338 316 (D) (D) 131 336 (D) (D) (D) (D) 72 123 266 170 159 (D) 70,622 41,577 46,192 19,345 22,775 (D) 277 2,447 271 539 (D) (D) 187 47 99 353 143 (D) 157 354 33 253 690 (D) 342 2,244 2,005 2,258 1,129 (D) 5,411 3,736 1,635 3,361 2,076 1,451 537 343 252 200 69 (D) 454 241 860 506 596 91 133 1,719 288 365 2,494 1,023 Education Leisure Other Government and health and services services hospitality 921,354 (D) 2,357 469 3,837 2,530 601 3,382 511 843 193 1,451 353 263 1,379 244 681 (D) 635 15,140 1,105 164 (D) 4,469 1,405 12,749 746 936 2,142 439 304 429,839 264,959 160 (D) 740 612 127 110 1,031 918 674 1,073 109 (D) 809 789 121 115 275 (D) 100 57 698 392 147 93 164 120 426 305 90 105 208 235 334 685 144 195 8,472 4,941 4,097 231 135 83 512 380 2,541 1,913 590 593 2,994 4,250 160 123 683 259 1,012 777 137 123 114 85 364 343 1,020 517 182 275 576 309 136 254 142 720 244 176 780 4,616 1,266 (D) 132 114 (D) 141 290 119 488 186 (D) 244 165 528 416 1,823 (D) 29,234 8,794 5,265 364 506 1,136 379 150 (D) 2,271 1,244 757 632 260 193 1,274 4,467 1,982 297 983 223 391 83 213 905 4,015 1,505 121 470 151 205 1,098 (D) 372 1,481 365 1,177 662 1,340 207 181 69 111 99 306 854 293 245 250 159 (D) 1,202 309 338 1,610 1,246 583 4,435 2,933 1,555 248 (D) (D) 554 1,463 661 72 242 215 34,894 16,499 (D) 745 194 230 3,456 7,579 (D) 430 193 (D) 364 94 (D) 9,142 3,007 2,118 305 231 79 464 232 155 1,549 948 612 527 204 148 759 1,989 (D) 760 353 (D) 57 206 (D) 6,132 2,604 1,887 1,287 585 356 71 285 78 71 354 91 19,621 11,110 6,415 100 88 266 167 52 60 79 87 279 350 1,269 549 3,414 852 756 109 233 109 114 112 436 479 686 1,501 1,344,327 1,117 2,817 919 7,207 5,418 884 2,437 496 1,082 1,113 3,707 374 704 4,144 986 708 1,484 1,509 22,587 1,661 882 3,999 9,589 4,251 21,111 797 986 4,167 704 381 1,500 848 492 602 1,269 5,177 615 1,086 1,111 723 2,432 21,684 1,838 512 1,908 3,560 3,428 1,570 672 5,943 340 1,317 1,166 2,270 768 342 944 1,964 1,849 4,717 6,396 2,102 2,431 1,123 40,305 898 8,452 4,170 297 9,680 523 1,750 5,703 1,693 5,871 3,093 314 9,950 2,580 798 457 24,258 415 377 335 1,862 5,440 478 325 1,481 Regional Data D-80 April 2009 Table J.2. Gross Domestic Product (GDP) by Metropolitan Area for Industries, 2006—Continues [Millions of Dollars] Metropolitan area Denver-Aurora, C O ........................................................ Des Moines-West Des Moines, IA ............................. Detroit-Warren-Livonia, M l........................................... Dothan, AL....................................................................... Dover, DE Dubuque, IA Duluth, MN-WI Durham, NC Eau Claire, Wl El Centro, CA Elizabethtown, K Y ......................................................... Elkhart-Goshen, IN ........................................................ Elmira, N Y ....................................................................... El Paso, T X ...................................................................... Erie, PA............................................................................. Eugene-Springfield, O R .............................................. Evansville, IN -K Y ........................................................... Fairbanks, A K ................................................................. Fargo, N D -M N ................................................................. Farmington, N M .............................................................. Fayetteville, N C ............................................................... Fayetteville-Springdale-Rogers, A R -M O .................. Flagstaff, A Z .................................................................... Flint, M l............................................................................. Florence, S C .................................................................... Florence-Muscle Shoals, AL....................................... Fond du Lac, W l............................................................. Fort Collins-Loveland, C O ........................................... Fort Smith, AR-OK Fort Walton Beach-Crestview-Destin, F L ................ Fort Wayne, IN.. Fresno, CA Gadsden, AL Gainesville, FL.. Gainesville, GA. Glens Falls, NY. Goldsboro, NC.. Grand Forks, ND-MN Grand Junction, CO Grand Rapids-Wyoming, M l ....................................... Great Falls, M T ............................................................... Greeley, CO Green Bay, W l... Greensboro-High Point, N C ........................................ Greenville, N C .. Greenville-Mauldin-Easley, S C .................................. Gulfport-Biloxi, M S......................................................... Hagerstown-Martinsburg, M D -W V ............................ Hanford-Corcoran, C A .................................................. Harrisburg-Carlisle, P A ................................................. Harrisonburg, V A ............................................................ Hartford-West Hartford-East Hartford, C T .............. Hattiesburg, M S .............................................................. Hickory-Lenoir-Morganton, N C ................................... Hinesville-Fort Stewart, G A ......................................... Holland-Grand Haven, M l............................................ Honolulu, H I..................................................................... Hot Springs, A R .............................................................. Houma-Bayou Cane-Thibodaux, L A ......................... Houston-Sugar Land-Baytown, T X ........................... Huntington-Ashland, WV-KY-OH................................ Huntsville, AL.................................................................. Idaho Falls, ID ................................................................. Indianapolis-Carmel, IN ............................................... Iowa City, IA ..................................................................... Ithaca, N Y ........................................................................ Jackson, M l...................................................................... Jackson, MS .............................................................. Jackson, TN Jacksonville, FL Jacksonville, NC Janesville, Wl.... Jefferson City, MO Johnson City, TN Johnstown, PA.. Jonesboro, A R ................................................................ Joplin, M O ....................................................................... Kalamazoo-Portage, M l................................................ Kankakee-Bradley, IL Kansas City, MO-KS Kennewick-Pasco-Richland, W A ................................ Killeen-Temple-Fort Hood, T X .................................... Kingsport-Bristol-Bristol, T N -V A ................................ Kingston, NY Knoxville, TN Kokomo, IN La Crosse, W I-M N Lafayette, IN Lafayette, LA Lake Charles, L A ........................................................... Lake Havasu City-Kingman, A Z ................................. Lakeland-Winter Haven, F L ......................................... Rank of total GDP by metropolitan area 17 62 12 281 230 293 169 69 232 307 286 165 356 83 174 158 119 267 175 214 129 113 291 146 215 312 323 160 166 168 114 72 358 172 227 322 319 331 287 63 355 216 132 64 246 86 173 196 309 76 256 40 284 151 353 170 51 357 181 5 178 108 313 32 222 328 260 91 279 44 225 251 240 236 310 320 249 157 349 28 195 143 176 276 70 304 257 211 118 128 311 117 Total 139,600 32,447 199,288 4,352 5,571 4,000 9,320 27,874 5,509 3,662 4,193 9,541 2,547 23,563 8,770 10,796 15,054 4,612 8,764 6,538 13,505 16,038 4,027 12,092 6,535 3,599 3,434 10,105 9,455 9,357 16,015 26,632 2,436 8,903 5,660 3,438 3,482 3,355 4,175 32,165 2,596 6,493 13,341 31,830 5,130 22,939 8,776 7,512 3,639 25,478 4,822 69,863 4,259 11,732 2,681 9,125 44,192 2,512 8,633 344,516 8,713 17,115 3,574 89,808 5,986 3,398 4,712 21,423 4,366 58,163 5,670 4,950 5,257 5,442 3,620 3,472 5,056 10,987 2,759 94,162 7,513 12,286 8,757 4,429 27,672 3,741 4,819 6,572 15,385 13,802 3,600 15,433 Natural Con resources struction and mining 6,788 236 547 106 95 85 942 162 73 581 (D) 71 68 99 61 190 884 438 212 3,204 (D) 468 49 (D) 59 55 81 144 829 17 114 2,214 27 79 71 65 57 165 389 (D) 52 836 186 252 (D) 122 68 57 463 177 172 174 106 (D) 7,352 (D) 7,975 209 279 144 433 724 265 120 157 317 116 921 301 536 757 264 466 252 442 810 235 501 285 181 202 908 375 485 735 1,614 108 463 400 195 143 163 394 1,450 158 669 630 1,413 257 1,338 501 (D) 94 977 (D) (D) 190 (D) (D) Durable goods manu facturing (D) (D) 24,315 (D) 97 947 (D) 3,663 663 67 (D) 4,000 457 1,296 1,702 1,308 (D) (D) 327 1,471 499 989 (D) (D) (D) (D) (D) (D) (D) (D) (D) 468 1,796 904 650 410 1,087 1,085 724 188 409 718 940 (D) 235 331 268 (D) (D) 315 2,600 836 189 221 33 674 1,777 269 (D) 877 172 665 (D) (D) 159 70 (D) 46 489 1,534 (D) 581 329 (D) 13 357 876 (D) (D) 361 2,142 559 1,656 (D) (D) (D) (D) 40 1,291 178 7,283 (D) 2,221 (D) (D) 123 107 36 1,080 32 269 69 159 (D) (D) (D) 4,145 183 217 269 238 125 138 171 487 138 4,465 381 505 415 165 (D) 52 606 546 89 189 51 188 57 37 117 (D) 496 36 423 211 (D) 81 204 239 479 558 392 1,154 120 83 205 82 892 (D) 101 6,272 1,090 9,104 583 205 185 889 590 (D) 241 (D) 327 (D) 2,573 257 187 840 56 77 103 41 64 (D) 3,984 26,054 763 562 509 1,026 2,405 (D) 621 366 1,263 347 2,823 1,036 1,336 Transpor tation and utilities 14 554 76 299 430 2,404 144 402 18,952 (D) 453 251 (D) (D) (D) 4,887 (D) 297 179 (D) 4,755 295 96 (D) 789 31 1,419 646 347 Trade 1,340 348 293 1,302 742 422 785 383 7 253 154 67 2,034 (D) 208 69 82 886 Nondurable goods manu facturing (D) (D) 2,794 (D) (D) 1,268 141 190 193 119 156 229 274 (D) (D) 358 906 175 257 (D) 5,005 560 (D) (D) (D) 477 334 (D) (D) (D) (D) 88 369 94 227 615 28 159 (D) (D) 220 202 685 125 3,801 338 937 786 487 415 462 600 1,102 1,375 1,782 (D) 1,540 76 658 505 91 334 (D) 454 135 (D) (D) 1,519 (D) 1,474 (D) (D) (D) (D) 355 (D) (D) (D) (D) 39 997 36 343 341 741 162 2,423 91 106 30 (D) (D) 194 140 (D) 433 143 974 1,225 190 (O) 128 348 604 150 269 135 (D) (D) 755 505 521 704 136 (D) (D) (D) (D) 236 3,265 1,847 452 133 767 67 262 (D) (D) 493 255 1,686 286 246 399 (D) (D) (D) (D) 237 712 51 1,016 627 2,427 191 1,042 (D) 668 (D) (D) 440 182 5,252 224 392 380 (D) 837 1,113 (D) (D) (D) 357 661 616 (D) 1,002 233 50 245 585 1,196 290 (D) 278 (D) 779 300 347 614 975 225 86 116 (D) 908 (D) (D) (D) (D) 278 51 336 134 79 106 291 197 337 689 657 57 239 73 113 26 77 89 796 151 (D) (D) 717 345 2,402 60 1,085 685 (D) 80 520 39 1,049 228 285 35 (D) 1,865 750 10,992 532 263 562 3,271 (D) 1,436 6,964 (D) 92 197 266 572 170 39 (D) 90 71 611 261 455 402 91 988 4,452 385 844 36,755 (D) Infor mation (D) 1,028 111 111 1,279 44 86 (D) 197 412 136 2,598 256 64 47 938 88 1,832 49 123 319 323 102 66 107 204 49 (D) 82 217 Financial activities (D) 13,276 40,008 547 1,305 557 1,225 3,535 964 323 338 779 263 5,908 1,151 1,949 1,533 421 1,937 312 1,074 2,328 569 2,068 737 395 399 1,634 984 2,830 2,542 4,187 347 1,278 900 349 316 350 581 6,142 346 899 2,242 6,456 691 3,142 1,051 1,304 237 4,499 532 22,333 663 1,567 98 1,458 9,278 458 962 42,184 903 1,809 365 20,754 659 368 510 3,898 454 14,428 419 554 478 636 434 628 426 2,107 305 18,779 783 825 (D) (D) 134 676 4,427 242 723 923 1,820 591 603 2,071 (D) 42 206 (D) 357 477 94 298 Pro fessional Education Leisure and and health and business services hospitality services 20,574 2,359 35,709 259 256 196 452 3,502 483 134 217 544 150 1,359 573 977 1,084 152 697 156 (D) 2,396 213 955 394 207 146 1,513 886 885 1,224 2,055 150 679 371 249 147 172 305 (D) 169 467 1,107 2,953 329 2,975 697 541 86 2,789 231 8,039 265 844 136 644 4,461 143 523 8,035 2,183 15,942 452 371 458 1,306 3,082 679 144 227 549 337 1,626 1,179 1,139 1,299 254 852 289 627 942 429 1,390 557 272 323 847 728 400 1,859 2,444 347 1,155 576 406 327 392 461 2,955 364 428 1,225 2,418 460 1,460 466 705 216 2,534 334 6,124 509 (D) 39 432 3,493 380 465 (D) (D) 565 3,565 750 1,167 915 364 (D) 304 212 276 2,087 266 (D) 439 1,359 479 1,920 490 (D) (D) 205 301 323 368 368 184 286 161 502 398 629 597 470 595 (D) 1,112 142 12,727 409 6,333 534 802 948 476 2,518 2,200 601 669 357 3,410 148 376 309 (D) 550 220 2,256 201 763 649 1,057 520 389 1,400 4,985 947 6,590 133 212 214 326 677 154 89 97 164 78 616 256 357 457 151 323 135 (D) 483 443 377 187 123 90 410 206 391 454 786 90 362 143 265 68 116 172 854 115 149 (D) Other Government services 2,989 641 4,310 (D) 146 81 243 500 145 95 90 192 67 473 257 290 328 78 206 112 270 320 97 340 152 116 88 278 191 199 366 783 77 232 119 84 82 75 134 728 65 188 (D) 844 637 (D) 112 773 912 240 76 842 158 1,725 167 305 33 189 2,897 194 225 7,870 249 418 99 3,318 195 109 133 613 119 2,277 134 133 118 204 96 105 150 378 562 164 182 102 3,441 255 221 293 251 1,082 104 159 195 458 661 184 490 68 720 90 1,405 98 265 57 215 1,085 74 194 5,776 215 349 84 1,972 114 73 132 505 108 1,434 81 114 154 12,424 2,721 16,884 540 1,656 248 1,489 3,708 648 1,111 1,634 456 441 5,071 998 1,619 967 1,609 900 595 7,266 1,583 997 1,602 950 744 319 1,582 988 2,617 1,212 4,212 297 2,887 571 604 859 883 548 2,426 649 732 1,167 2,474 1,366 2,687 2,391 1,178 1,421 4,392 518 7,132 793 1,205 1,990 830 11,525 284 641 22,967 1,243 3,903 372 7,355 2,036 376 630 3,177 679 7,531 3,839 503 1,441 202 886 118 85 138 292 80 590 448 447 1,333 344 10,252 1,081 6,553 859 958 3,154 405 563 1,308 902 755 472 1,694 (D) 175 263 245 135 683 79 125 (D) 264 (D) 106 450 April 2009 Sur v ey of D-81 C u r r e n t B u sin ess Table J.2. Gross Domestic Product (GDP) by Metropolitan Area for Industries, 2006— Continues [Millions of Dollars] Metropolitan area Lancaster, PA.................................................................. Lansing-East Lansing, M l............................................ Laredo, T X ....................................................................... Las Cruces, NM.. Las Vegas-Paradise, NV Lawrence, K S ...... Lawton, O K .......... Lebanon, P A ........ Lewiston, ID-W A. Lewiston-Auburn, ME Lexington-Fayette, KY Lima, O H ............. Lincoln, N E ...................................................................... Little Rock-North Little Rock-Conway, A R .............. Logan, U T -ID .................................................................. Longview, T X .................................................................. Longview, W A ................................................................. Los Angeles-Long Beach-Santa Ana, C A .............. Louisville-Jefferson County, KY-IN............................ Lubbock, T X ................................................................... Lynchburg, VA Macon, GA Madera, CA Madison, Wl Manchester-Nashua, N H ............................................. Mansfield, OH McAllen-Edinburg-Mission, T X .................................. Medford, O R ....."............................................................ Memphis, T N -M S -A R ................................................... Merced, C A ..................................................................... Miami-Fort Lauderdale-Pompano Beach, F L ........ Michigan City-La Porte, IN .......................................... Midland, T X .................................................................... Milwaukee-Waukesha-West Allis, W l ...................... Minneapolis-St. Paul-Bloomington, M N -W I............ Missoula, M T .................................................................. Mobile, A L ....................................................................... Modesto, CA Monroe, LA Monroe, Ml Montgomery, AL Morgantown, W V Morristown, TN Mount Vernon-Anacories, W A ................................... Muncie, IN ....................................................................... Muskegon-Norton Shores, M l ................................... Myrtle Beach-North Myrtle Beach-Conway, S C .... Napa, C A ......................................................................... Naples-Marco Island, F L ............................................. Nashville-Davidson-Murfreesboro-Franklin, T N ..... New Haven-Milford, C T ............................................... New Orleans-Metairie-Kenner, LA............................ New York-Northern New Jersey-Long Island, NYNJ-PA .......................................................................... Niles-Benton Harbor, M l.............................................. Norwich-New London, C T .......................................... Ocala, FL......................................................................... Ocean City, N J................................................................ Odessa, T X .................................................................... Ogden-Clearfield, U T ................................................... Oklahoma City, O K ....................................................... Olympia, W A................................................................... Omaha-Council Bluffs, N E -IA ..................................... Orlando-Kissimmee, FL............................................... Oshkosh-Neenah, W l................................................... Owensboro, K Y ............................................................. Oxnard-Thousand Oaks-Ventura, C A ...................... Palm Bay-Melbourne-Titusville, F L ........................... Palm Coast, FL............................................................... Panama City-Lynn Haven, FL..................................... Parkersburg-Marietta-Vienna, W V -O H .................... Pascagoula, M S ............................................................ Pensacola-Ferry Pass-Brent, F L ............................... Peoria, IL ......................................................................... Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Phoenix-Mesa-Scottsdale, A Z ................................... Pine Bluff, A R ................................................................. Pittsburgh, PA Pittsfield, MA Pocatello, ID Portland-South Portland-Biddeford, M E .................. Portland-Vancouver-Beaverton, O R -W A ................ Port St. Lucie, FL .................... ....................................... Poughkeepsie-Newburgh-Middletown, N Y ............. Prescott, A Z .................................................................... Providence-New Bedford-Fall River, R I-M A ............ Provo-Orem, U T ............................................................ Pueblo, CO Punta Gorda, FL ............................................................ Racine, Wl Raleigh-Cary NC Rank of total GDP by metropolitan area 102 106 234 277 31 335 301 334 362 326 92 289 140 67 354 185 350 2 47 183 192 198 337 65 98 303 148 218 43 238 11 340 180 35 14 285 125 122 220 299 126 264 324 274 339 263 171 208 121 36 57 41 Total 17,804 17,441 5,450 4,417 91,500 3,227 3,856 3,227 1,657 3,402 21,238 4,126 12,545 28,525 2,658 8,238 2,716 680,230 53,045 8,389 7,701 7,345 3,162 30,160 19,061 3,801 12,026 6,146 60,564 5,381 248,029 3,145 8,700 77,660 179,683 4,200 13,892 14,356 6,067 3,868 13,859 4,651 3,431 4,478 3,147 4,673 9,064 6,654 14,572 73,658 36,070 66,450 1 1,123,532 248 139 199 294 258 120 49 193 53 27 204 296 59 109 363 219 242 268 136 115 7 15 348 24 241 359 85 25 155 95 280 42 147 317 318 213 50 5,059 12,568 7,341 3,957 4,776 15,020 50,409 7,623 41,656 97,384 6,925 3,951 34,359 16,912 1,422 6,104 5,240 4,610 13,040 15,633 311,662 179,489 2,771 106,496 5,256 2,301 23,091 103,413 11,118 19,593 4,362 62,546 12,064 3,485 3,483 6,551 47,851 Natural resources and mining 393 (D) (D) 216 167 15 24 87 35 29 939 22 136 268 83 1,449 113 5,721 357 326 42 159 507 (D) 36 (D) 628 169 274 959 1,323 55 4,767 164 (D) 50 349 1,146 (D) 75 102 193 12 243 29 31 55 424 352 263 82 (D) (D) (D) 102 195 30 (D) 121 7,168 125 400 523 25 124 2,017 40 42 27 91 33 101 79 836 2,527 102 1,689 24 (D) (D) 1,478 252 127 378 467 (D) 26 64 77 403 Con struction 1,486 694 200 212 8,856 153 89 141 Durable goods manu facturing 1,902 1,566 46 227 2,085 108 Nondurable goods manu facturing 1,827 371 24 68 825 241 (D) (D) 401 403 88 (D) (D) 206 932 182 514 1,351 133 419 239 24,586 151 334 (D) 386 (D) 354 217 1,389 804 143 594 587 2,367 302 16,174 161 Trade 2,724 Transpor tation and utilities 817 (D) (D) 800 425 10,174 811 216 3,716 (D) (D) 284 539 114 189 (D) (D) (D) 713 (D) (D) (D) (D) 676 778 857 530 1,166 (D) (D) (D) (D) (D) (D) 291 1,169 905 1,704 116 448 265 36,819 391 28,051 (D) (D) 90,174 (D) (D) (D) (D) (D) (D) (D) (D) 688 (D) 211 166 88 366 26,626 4,276 344 270 522 108 (D) (D) (D) (D) 1,733 1,091 234 341 472 2,806 502 2,088 686 (D) (D) (D) (D) 37,899 11,982 100 234 134 (D) (D) 124 6,474 579 2,874 (D) (D) 1,448 (D) (D) (D) 6,331 (D) (D) 12,168 675 67,091 318 534 17,982 45,158 963 2,423 2,426 673 479 2,188 793 311 571 426 724 2,956 1,271 4,889 12,609 6,821 8,602 (D) 597 (D) (D) 548 2,144 2,083 937 400 331 908 662 281 591 131 12,184 60 176 2,896 7,061 152 394 226 561 36 (D) (D) (D) 95 (D) (D) (D) (D) 784 9,236 161 2,954 94 847 586 114 858 1,300 (D) (D) 47 (D) (D) (D) 243 422 933 264 194 252 (D) (D) (D) (D) (D) (D) 111 (D) (D) (D) 445 233 95 (D) 211 (D) 176 45 1,083 48 661 372 676 1,240 633 1,658 46 46 146 227 138 263 (D) (D) (D) 1,461 2,534 2,736 1,914 1,935 11,345 4,913 157 145 176 164 154 286 2,781 1,073 1,866 (D) (D) 1,188 36,356 177 394 751 315 359 1,023 1,865 390 2,166 7,324 265 (D) 1,508 1,517 119 509 310 232 1,167 743 (D) 13,937 129 4,511 271 104 (D) 4,680 1,055 1,003 460 3,138 959 259 450 288 2,917 (D) (D) (D) (D) (D) (D) (D) (D) 506 19 347 (D) (D) 139 (D) 3,085 968 (D) 2,188 2,066 77 213 (D) (D) 281 (D) (D) (D) (D) (D) (D) 164 (D) (D) 348 (D) 144 29 96 (D) (D) 88,141 71 229 (D) 943 66 112 (D) 952 1,392 (D) 3,401 73 3 90 (D) (D) 284 (D) (D) (D) (D) (D) (D) 112 (D) (D) 145 (D) 200 44 (D) (D) (D) (D) 271 48 66 6 1,128 2,149 1,321 2,911 531 1,016 1,225 403 936 1,618 (D) 1,106 (D) 12,772 (D) (D) 4,865 2,055 153 711 635 386 1,689 1,624 35,914 25,450 (D) 12,497 512 (D) 3,154 (D) 1,762 2,902 648 (D) 1,511 461 505 751 6,077 (D) 3,605 345 2,539 4,741 287 515 269 180,387 9,791 949 1,150 344 7,796 5,194 329 1,334 263 816 (D) 64 566 43 52,202 2,527 4,045 773 575 23,438 483 338 223 225 (D) 202 202 525 405 77 113 1,879 176 55 48 32 87 728 97 303 Financial activities 81 1,469 1,013 152 367 186 2,801 7,675 225 919 904 274 935 180 146 297 144 185 774 470 1,992 Infor mation 808 310 131 168 630 1,928 224 4,965 2,690 (D) 269 726 392 28 195 (D) 239 452 1,030 13,920 7,826 297 7,245 123 (D) (D) 4,305 880 1,056 95 2,805 296 288 45 196 1,781 (D) 212 61 126 (D) (D) 154 (D) 4,344 195 (D) 1,065 409 66 213 (D) 113 524 372 11,290 5,376 (D) 4,808 123 (D) 714 3,905 240 530 67 2,394 (D) 74 63 67 2,967 1,120 358,417 741 1,306 1,354 1,406 400 2,684 7,575 1,177 8,992 27,467 739 449 7,551 2,250 427 1,271 576 310 1,925 1,627 87,995 48,547 206 21,376 1,424 238 5,792 (D) 2,372 3,041 689 14,714 1,705 372 898 694 11,033 Pro fessional and business services 1,482 (D) (D) 379 9,509 275 179 165 134 282 2,068 210 1,083 2,682 229 480 88 90,256 5,096 531 503 632 141 (D) 2,194 176 698 496 6,788 231 31,282 147 641 9,344 Education Leisure Other and Government and services health hospitality services 1,722 1,518 412 455 4,231 206 186 352 209 536 584 467 198 169 17,259 141 90 83 69 1,666 (D) 107 375 785 76 184 106 30,256 2,054 374 193 215 83 793 531 564 1,287 2,459 177 665 264 44,145 4,755 (D) 745 1,100 359 (D) 1,688 357 1,236 1,006 543 ' 286 1,233 286 185 184 275 198 616 529 1,307 9,174 4,166 387 1,747 734 4,413 357 18,236 298 282 7,729 13,557 493 1,197 1,378 635 245 1,076 539 263 270 480 564 455 541 979 9,785 5,535 (D) (D) (D) 90,184 456 1,071 702 226 273 967 3,864 756 3,301 (D) 324 1,039 504 201 (D) 1,212 4,833 488 4,808 13,522 910 137 3,429 3,101 102 559 (D) 319 1,318 1,582 44,786 22,193 (D) 13,709 484 221 (D) 11,036 963 1,593 288 6,056 1,422 239 262 533 6,889 6,200 521 295 1,977 1,629 80 453 563 224 1,380 (D) 31,619 12,720 251 11,836 773 (D) 2,401 7,629 1,007 2,432 459 7,101 1,465 495 439 575 2,592 (D) 534 544 143 111 1,559 140 65 94 68 73 392 94 363 611 102 201 74 14,831 1,180 247 199 (D) 89 738 451 111 110 427 253 3,237 132 11,457 206 159 2,146 5,729 184 399 417 183 132 384 139 80 156 118 169 427 169 1,222 404 1,248 3,664 987 3,031 35,993 159 500 274 431 156 416 1,674 258 1,322 9,423 143 123 1,070 656 79 364 159 126 477 457 8,099 7,317 52 3,226 331 78 960 2,991 497 632 261 2,256 328 137 151 160 1,355 (D) 147 6,456 83 150 1,553 3,911 120 416 408 149 92 (D) 93 (D) 122 95 110 190 152 377 (D) 899 1,014 22,841 135 235 241 84 230 (D) 1,020 259 (D) 1,999 151 105 757 455 41 189 121 98 389 (D) 6,540 3,197 71 2,662 139 49 447 2,311 388 513 112 1,429 (D) 115 132 161 1,063 1,279 3,897 1,167 1,250 7,801 833 2,019 502 267 299 2,818 400 2,240 4,837 555 581 325 56,175 5,005 1,553 763 883 612 5,146 1,452 497 2,654 718 6,577 844 24,597 379 485 6,523 16,201 568 1,801 1,814 685 394 3,094 1,156 341 585 529 585 856 661 921 6,158 3,598 5,333 98,243 461 3,088 924 620 509 3,608 8,380 2,435 4,946 7,081 677 488 3,804 2,269 203 1,309 718 678 3,053 1,165 26,638 16,078 641 8,432 428 542 2,953 9,440 1,211 3,937 660 7,415 1,280 700 403 599 5,713 D-82 Regional Data April 2009 Table J.2. Gross Domestic Product (GDP) by Metropolitan Area for Industries, 2006—Table Ends [Millions of Dollars] Metropolitan area Rapid City, S D ................................................................ Reading, PA..................................................................... Redding, C A ................................................................... Reno-Sparks, N V ........................................................... Richmond, V A ................................................................. Riverside-San Bernardino-Ontario, C A ................... Roanoke, VA ................................................................... Rochester, M N ................................................................ Rochester, N Y ................................................................ Rockford, IL ..................................................................... Rocky Mount, N C .......................................................... Rome, G A ........................................................................ Sacramento-Arden-Arcade-Roseville, C A .............. Saginaw-Saginaw Township North, M l.................... St. Cloud, M N ................................................................. St. George, U T ............................................................... St. Joseph, M O -K S ........................................................ St. Louis, M O -IL............................................................. Salem, OR Salinas, CA Salisbury, M D .................................................................. Salt Lake City, U T .......................................................... San Angelo, TX San Antonio, TX San Diego-Carlsbad-San Marcos, C A ..................... Sandusky, O H ................................................................. San Francisco-Oakland-Fremont, C A ....................... San Jose-Sunnyvale-Santa Clara, C A ..................... San Luis Obispo-Paso Robles, C A ........................... Santa Barbara-Santa Maria-Goleta, C A .................. Santa Cruz-Watsonville, C A ....................................... Santa Fe, N M .................................................................. Santa Rosa-Petaluma, CA........................................... Savannah, G A ................................................................ Scranton-Wilkes-Barre, P A ......................................... Seattle-Tacoma-Bellevue, W A .................................... Sebastian-Vero Beach, FL........................................... Sheboygan, W l............................................................... Sherman-Denison, T X .................................................. Shreveport-Bossier City, LA........................................ Sioux City, IA -N E -S D .................................................... Sioux Falls, S D ............................................................... South Bend-Mishawaka, IN -M I................................... Spartanburg, S C ............................................................ Spokane, W A .................................................................. Springfield, I L .. Springfield, MA Springfield, MO Springfield, OH State College, PA........................................................... Stockton, CA.... Sumter, S C ...................................................................... Syracuse, N Y .................................................................. Tallahassee, FL............................................................... Tampa-St. Petersburg-Clearwater, F L ..................... Terre Haute, I N ............................................................... Texarkana, TX-Texarkana, A R .................................... Toledo, O H ....................................................................... Topeka, KS Trenton-Ewing, N J ......................................................... Tucson, AZ Tulsa, OK Tuscaloosa, A L ............................................................... Tyler, TX Utica-Rome, N Y .............................................................. Valdosta, GA Vallejo-Fairfield, C A ....................................................... Victoria, T X ...................................................................... Vineland-Millville-Bridgeton, N J ................................. Virginia Beach-Norfolk-Newport News, VA-NC ... Visalia-Porterville, C A ................................................... Waco, T X .......................................................................... Warner Robins, G A ....................................................... Washington-Arlington-Alexandria, DC-VA-M D-W V Waterloo-Cedar Falls, IA.............................................. Wausau, W l ............................................................... Weirton-Steubenville, W V -O H .................................... Wenatchee, WA Wheeling, WV-O H Wichita, KS Wichita Falls, TX Williamsport, PA.............................................................. Wilmington, NC Winchester, VA-WV Winston-Salem, NC Worcester, M A. Yakima, WA,,,, York-Hanover, PA........................................................... Youngstown-Warren-Boardman, O H -PA .................. Yuba City, C A .................................................................. Yuma, A Z .......................................................................... Rank of total G D P by metropolitan area 275 127 239 99 45 22 150 186 52 152 244 343 30 210 203 332 305 20 153 105 306 46 336 37 16 346 8 18 159 100 163 217 96 144 104 13 288 254 345 94 233 133 154 167 112 191 93 131 329 247 101 347 80 145 23 252 298 75 190 87 66 54 197 194 189 314 142 259 270 38 162 202 266 4 205 243 330 321 271 77 237 325 138 269 89 73 209 124 107 292 283 Total 4,450 13,808 5,380 18,915 57,797 110,735 11,916 8,226 43,080 11,500 5,199 3,041 91,751 6,592 7,035 3,305 3,735 118,306 11,335 17,682 3,667 56,458 3,216 72,738 157,509 2,960 292,078 135,080 10,141 18,381 9,709 6,354 19,520 12,196 17,794 197,686 4,166 4,845 3,009 19,827 5,455 13,316 11,327 9,421 16,153 7,829 20,576 13,408 3,384 5,066 18,305 2,877 24,362 12,152 108,520 4,938 3,922 25,582 7,974 22,877 29,963 41,119 7,505 7,593 8,059 3,562 12,520 4,766 4,596 71,753 9,992 7,095 4,645 366,669 6,861 5,231 3,375 3,472 4,595 25,353 5,403 3,422 12,682 4,606 22,063 26,510 6,649 13,921 17,199 4,016 4,260 Natural resources and mining 28 168 159 192 357 1,251 60 171 302 54 141 16 828 46 189 48 76 1,524 700 3,309 133 1,455 (D) 1,986 1,074 36 (D) 814 381 1,499 463 343 366 45 124 1,006 176 59 55 5,804 240 (D) (D) 51 55 120 (D) (D) (D) 64 842 41 137 (D) 1,026 88 88 (D) 78 15 703 4,997 737 1,028 78 109 166 684 136 510 1,829 118 9 542 Con struction 243 751 437 1,804 Durable goods manu facturing Nondurable goods manu facturing 242 2,219 194 29 1,043 32 (D) (D ) (D) (D) (D) 9,285 6,553 (D) (D) (D ) (D) (D) 3,398 714 402 1,571 682 248 87 5,992 277 434 422 167 664 421 3,423 1,381 697 413 1,327 90 (D) (D) 161 (D) (D) 616 481 910 222 112 3,629 3,322 301 9,061 17,061 368 4,003 4,014 103 3,464 9,834 32 16,667 14,618 191 606 159 165 558 227 991 21,645 (D ) 218 1,106 384 (D) 1,153 (D ) (□) 15,993 142 1,199 590 (D) (D) 375 469 202 (D) 1,013 1,623 733 2,708 (D) (D) (D) (D) 7,672 48 143 143 943 417 21 840 163 2,014 1,776 1,205 721 1,065 268 (D) 1,020 (D) 120 (D ) 2,001 25,429 561 449 438 1,915 712 1,583 1,535 1,548 2,657 955 2,524 2,306 445 405 2,879 298 3,287 (D) (D) (D) (D ) (D) 7,715 967 332 168 81 487 (D) (D) (D ) (D) (D) 1,643 (D) 15,512 1,186 3,831 87 833 132 1,156 (D) (D) (D) (D) 362 759 234 969 (D) 210 125 1,421 109 2,711 (D) 4,583 2,152 15,194 5,593 (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) 667 241 348 3,222 327 259 (D) (D) (D ) (D) (D) 701 667 (D) (D) 937 332 257 360 324 277 280 1,500 (D) (D) 465 317 (D) (D) (D) (D) (D) 629 356 126 882 706 1,002 (D) (D) 592 173 (D) (D) (D) (D ) (D ) (D) (D) (D) (D) (D) 592 731 336 1,117 2,586 420 596 870 4,964 1,377 101 1,194 2,297 586 2,877 8,216 639 (D) (D) (D) 208 240 614 (D) 5,220 177 409 2,169 (D) (D) (D) (D) 212 5,397 338 438 191 (D) (D) (D) 555 231 801 460 1,994 767 1,360 227 871 664 248 279 195 107 3,102 320 261 71 (D) (D) 409 426 59 99 27 74 72 1,359 (D) 269 239 226 221 (D) (D) 911 141 135 897 (D) 780 979 471 525 (D) 251 2,039 (D) (D ) (D) (D) (D) (D) 1,441 990 389 (D) 1,218 707 170 168 (D) (D) 1,883 1,752 1,755 137 (D) (D) (D) 163 223 109 (D) 226 248 211 (D) 6,731 17,530 271 758 365 1,300 2,268 6,579 924 (D) 119 216 1,419 186 968 720 6,842 204 155 1,252 620 1,699 1,706 351 290 269 619 2,016 827 Infor mation 3,376 (D ) (D) 2,209 4,015 103 77 1,317 446 113 113 (D) Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the totals. 17 (D) (D ) (D) 585 675 224 3,048 150 4,080 7,778 90 11,853 4,232 805 914 724 382 1,468 683 708 9,053 413 197 185 507 187 496 415 479 806 320 929 (D) (D) (D) Trade Transpor tation and utilities (D) (D) (D) 764 561 1,293 3,501 (D) 86 30 55 363 104 466 293 121 357 322 554 447 39 234 332 42 719 566 5,231 79 60 499 (D) (D) (D) 1,100 291 (D) (D) (D) 1,449 974 1,776 151 303 296 196 494 174 2,133 3,251 5,130 1,731 (D) (D) (D) 1,394 931 344 27,129 805 803 334 491 604 3,152 546 430 1,522 647 (D) 3,469 994 1,685 2,397 (D) (D) 3,191 557 366 71 13,263 266 229 (D) 79 (D) (D) 165 128 906 172 842 1,189 286 1,286 913 (D) (D) 548 136 (D) (D) 112 (D) 174 219 28 Financial activities 876 1,855 1,006 2,762 13,748 22,895 1,775 966 (D) 1,439 698 249 24,225 912 1,125 706 380 19,618 1,875 2,960 481 14,757 (D) 11,626 41,302 295 77,961 22,900 2,402 3,918 2,004 1,562 4,771 1,430 2,193 45,951 1,113 689 295 1,596 909 (D) 1,737 873 3,166 1,105 3,227 2,234 505 686 3,310 232 3,522 1,660 24,352 460 393 3,703 1,325 4,970 4,969 6,233 913 764 1,153 393 1,969 288 511 13,305 1,081 814 347 (D) (D) 126 105 65 54 115 752 1,001 (D) 92 368 (D) (D) 937 94 292 358 56 144 856 292 587 560 2,831 347 302 3,449 705 5,145 4,163 691 1,732 2,363 646 403 Pro fessional and business services 261 1,429 412 2,086 8,445 8,840 1,178 368 5,008 840 301 162 9,077 580 390 199 278 17,895 748 1,193 331 7,029 165 8,384 21,025 103 51,749 22,538 784 2,205 1,228 670 2,145 1,049 Education and health services Leisure and hospitality 533 1,265 671 1,353 3,709 8,050 1,291 2,812 231 385 213 2,005 1,448 4,431 350 256 1,117 303 115 83 2,899 215 193 198 154 (D) 1,236 300 519 6,641 802 826 337 378 11,362 1,340 997 480 3,139 343 5,936 8,763 252 18,044 8,507 733 1,362 870 501 1,680 1,270 (D) (D) 22,557 363 249 162 981 445 12,329 488 421 398 1,465 (D) 1,345 1,530 652 1,944 1,149 3,208 (D) (D) 861 1,446 710 (D) 1,308 (D) (D) 457 370 1,632 230 2,763 457 1,211 133 2,523 (D) (D) 15,989 258 243 9,250 546 456 (D) (D) 537 4,649 3,121 4,435 388 528 813 2,645 2,974 2,982 423 1,120 (D) (D) 1,068 816 196 259 6,514 596 436 425 77,803 403 301 1,200 (D) 337 473 4,549 634 810 Other services 124 382 172 381 (D) 3,257 (D) 158 819 334 112 61 2,286 156 186 130 111 (D) (D) 298 1,077 116 1,952 106 3,488 6,696 365 10,488 3,248 506 930 389 444 769 583 550 6,766 249 117 265 377 134 1,439 94 1,687 3,320 56 6,050 1,875 261 460 290 182 520 318 486 4,146 126 112 78 333 141 224 307 215 448 290 610 401 144 113 500 81 574 480 2,651 139 1,031 208 (D) 306 279 654 292 669 428 113 171 532 68 717 (D) 4,964 148 130 741 245 557 1,273 984 207 235 240 148 394 103 104 2,400 238 228 88 102 643 (D) 520 775 797 156 186 201 (D) 345 101 109 (D) 221 120 20,570 595 446 10,896 155 277 231 93 12,725 132 121 111 (D) (D) 124 374 173 163 166 74 85 116 525 134 105 266 (D) (D) (D) (D) 222 470 406 828 539 2,486 3,493 733 184 1,073 298 1,917 3,252 264 1,083 1,081 236 209 1,211 1,991 369 344 (D) 129 87 529 137 504 798 211 358 483 99 150 (D) 364 725 165 422 451 106 83 Government 829 1,313 784 2,109 8,166 16,782 1,304 661 4,639 932 568 365 18,695 764 835 319 490 11,407 2,718 2,819 544 6,151 700 12,515 25,104 319 26,213 7,802 1,332 2,579 1,204 1,127 1,881 1,945 1,968 21,308 379 362 334 2,453 552 706 931 1,139 2,387 2,081 3,346 1,397 419 1,906 2,592 865 3,291 3,810 10,693 700 786 2,978 1,561 4,082 5,451 3,094 1,360 723 1,860 960 2,436 435 956 20,801 1,770 997 2,366 74,025 778 446 339 539 572 2,540 1,213 483 1,418 457 1,279 3,088 991 1,354 1,828 1,011 1,159 D-83 April 2009 K. Charts SELECTED REGIONAL ESTIMATES S H A R E S O F U.S. G R O SS D O M E S TIC P R O D U C T BY STATE BY R EG IO N Mideast 18.4% 1969 Mideast 23.5% Great Lakes 21.4% Great Lakes 14.1% New England 5.4% Plains 6.3% New England 5.8% Plains 7.4% Far West 14.8% Far W est 18.3% Southeast 22.5% Rocky Mountain 2 .2 % Southwest 7 .3% Rocky Mountain 3.3% Southeast 17.7% Southwest 11.7% S H A R E S O F U.S. PER S O N A L IN C O M E BY REG IO N 1969 Mideast 23.5% 2008 Mideast 18.4% Great Lakes 20.9% Great Lakes 14.4% New England 5.8% Plains 6.4% New England 6.4% Plains 7.5% Far W est 15.2% Far W est 18.0% Southeast 2 2 .6 % Rocky Mountain 2 .2 % 7.0% Southeast 17.3% Rocky Mountain 3.3% Southwest 1 1 .2 % A VERAGE A N NUAL G R O W TH RATE O F PER S O N A L IN C O M E, 1 9 9 8 -2 0 0 8 U.S. average STATES W ITH FASTEST G R O W TH 5.0 % U.S. Bureau of Economic Analysis U.S. average STATES W ITH SLO W E S T G R O W TH 5.0% Regional Data D -8 4 April 2 0 0 9 SELECTED REGIONAL ESTIMATES P E R C A PITA G R O S S D O M E S T IC P R O D U C T BY STATE IN C U R R E N T D O LLA R S , 2 0 0 7 H ig h e s t quintile □ F o u rth qu in tile T h ird qu in tile S e c o n d qu in tile L o w e s t qu in tile P E R C A PITA P E R S O N A L IN C O M E , 2 0 0 8 $30,291 H ig h e s t qu in tiie F o u rth quintile T h ird qu in tile S e c o n d q u intile L o w e s t qu in tile U.S. Bureau of Economic Analysis D-85 April 2009 Appendixes A. Additional Information About the NIPA Estimates Statistical Conventions Current-dollar GDP is a measure of the market value of goods, services, and structures that are produced in the economy in a particular period. The changes in current-dollar GDP can be decomposed into quantity and price components. Quantities, or “real” measures, and prices are expressed as index numbers with the reference year— at present, the year 2000— equal to 100.1 The annual changes in quantities and prices are calcu lated using a Fisher formula that incorporates weights from 2 adjacent years. For example, the annual percent change in real GDP for 2001-2002 uses prices for 2001 and 2002 as weights, and the 2001-2002 annual percent change in the GDP price index uses quantities for 2001 and 2002 as weights. Because the Fisher formula allows for the effects of changes in relative prices and in the composition of output over time, the resulting quantity or price changes are not affected by the substitution bias that is associated with changes in quantities and prices calculated using a fixed-weighted formula. These annual changes are “chained” (multiplied) together to form time series of quantity and price indexes. The percent changes in the Fisher indexes are not affected by the choice of the reference year. BEA also publishes implicit price deflators (IPDs), which are calculated as the ratio of the current-dollar value of a component to the chained-dollar value of the component, multiplied by 100. The values of an IPD are very close to the values of the corresponding “chain-type” price index. The measures of real GDP and its major components are also presented in dollar-denominated form, desig nated “chained (2000) dollar estimates” For most series, these estimates are computed by multiplying the current-dollar value in 2000 by a corresponding quantity index number and then dividing by 100. For example, if a current-dollar GDP component equaled $100 in 2000 and if real output for this component increased by 10 percent in 2001, then the chained (2000) dollar value of this component in 2001 would be $110 ($100 x 1.10). The percent changes calculated from the chained (2000) dollar estimates and from the quantity indexes are the same; any differences will be small and due to rounding. The chained-dollar values for the detailed GDP com ponents will not necessarily sum to the chained-dollar estimate of GDP (or to any intermediate aggregate) in a table, because the relative prices that are used as weights for any period other than the reference year differ from those of the reference year. A measure of the effect of such 1. See J. Steven Landefeld, Brent R. Moulton, and Cindy M. Vojtech, “ChainedDollar Indexes: Issues, Tips on Their Use, and Upcoming Changes,” S u r v e y o f C u r r e n t B u s i n e s s (November 2003): 8-16. differences is provided by a “residual” line— the differ ence between the chained-dollar value of the main aggre gate in the table and the sum of the most detailed components in the table. For periods close to the refer ence year, when the relative prices that are used as weights have usually not changed much, the residuals tend to be small, and the chained-dollar estimates can be used to approximate the contributions to growth and to aggre gate the detailed estimates. For periods further from the reference year, the residuals tend to be larger, and the chained-dollar estimates are less useful for analyses of contributions to growth. In particular, for components for which relative prices are changing rapidly, the calcula tion of contributions based on chained-dollar estimates may be misleading even just a few years from the refer ence year. Thus, contributions derived from quantity indexes provide a better measure than contributions derived from chained-dollar estimates; contributions based on quantity indexes are shown in selected NIPA tables 1.1.2, 1.2.2, 1.5.2, 2.3.2, 3.9.2, 4.2.2, and 5.3.2. For quarters and months, NIPA estimates are pre sented at annual rates, which show the value that would be registered if the rate of activity that is measured for a quarter or for a month were maintained for a full year. Annual rates are used so that periods of different lengths— for example, quarters and years— may be more easily compared. These annual rates are determined sim ply by multiplying the estimated rate of activity by 4 (for quarterly data) or by 12 (for monthly data). For most quarterly NIPA estimates, percent changes in the estimates are also expressed at annual rates. Calculat ing these changes requires a variant of the compound interest formula: X . \ m / n x J - 1 x 100 where r is the percent change at an annual rate; xt is the level of activity in the later period; Xq is the level of activ ity in the earlier period; m is the periodicity of the data (for example, 1 for annual data, 4 for quarterly data, or 12 for monthly data); and n is the number of periods between the earlier periods and the later periods (that is, t - 0 ). Quarterly and monthly NIPA estimates are seasonally adjusted if necessary. Seasonal adjustment removes from the time series the average effects of variations that nor mally occur at about the same time and in about the same magnitude each year— for example, weather, holidays, and tax payment dates. After seasonal adjustment, cycli cal and other short-term changes in the economy stand out more clearly. Appendix A D-86 April 2009 Reconciliation Table Table 1. Relation of Net Exports of Goods and Services and Net Receipts of Income in the NIPAs to Balance on Goods and Services and Income in the ITAs [Billions of dollars] Seasonally adjusted at annual rates Line 2007 2007 2008 III Exports of goods and services and income receipts, ITAs.............................................................................. Less: Gold, ITAs............................................................................ Statistical differences 1.................................................... Other items.......................................................................... 2008 IV I II III IV 1 2 2,463.5 2,591.3 2,553.6 2,603.2 2,605.7 2,687.6 2,713.0 2,358.8 13.3 12.0 0.0 17.7 - 20.1 1.5 1.6 24.6 -8 .5 1.4 19.0 0.0 18.7 -1 1 .9 14.3 3 4 13.4 - 20.1 1.7 5 12.2 0.0 1.6 11.1 1.4 1.1 1.6 1.8 Plus: Adjustment for grossing of parent/affiliate interest payments....................................................................................... Adjustment for U.S. territories and Puerto R ico .............................................................................................................. Services furnished without payment by financial intermediaries except life insurance carriers......................... 6 10.9 54.4 12.5 53.6 10.6 11.2 51.2 12.5 11.4 54.8 13.9 11.9 47.6 11.5 10.5 50.0 10.1 11.5 50.9 12.5 54.0 7 Equals: Exports of goods and services and income receipts, NIPAs............................................................. 8 2,524.1 2,657.7 2,613.4 2,667.1 2,664.0 2,746.0 2,784.5 2,436.3 12.1 9 3,082.0 3,144.8 3,134.2 3,153.1 3,186.4 3,300.4 3,318.2 2,774.3 Less: Gold, ITAs.................... Statistical differences 1 Other items.................. 10 11 12 8.8 0.0 0.0 12.5 -7 .0 10.7 7.0 0.0 0.0 17.9 -8 .4 12.6 0.0 0.0 -4 .0 12.7 -7 .9 -7 .9 Plus: Gold, NIPAs................... Adjustment for grossing of parent/affiliate interest payments....................................................................................... Adjustment for U.S. territories and Puerto R ic o .............................................................................................................. Imputed interest paid to rest of w orld................................................................................................................................. 13 14 1b 16 -5 .2 10.9 40.5 - 5 .2 43.7 - 5 .7 12.5 34.5 10.1 -6 .4 11.5 36.7 12.5 10.6 11.2 36.5 12.5 Equals: Imports of goods and services and income payments, NIPAs.......................................................... 17 3,129.5 3,193.7 3,183.8 3,198.5 Balance on goods and services and income, ITAs (1-9).................................................................................. 18 -618.5 -553.5 -580.6 Less: Gold (2 -1 0 + 1 3 )....................................................................................................................................................................... Statistical differences (3 -1 1 ) 1 ............................................................................................................................................ Other items (4 -1 2 )................................................................................................................................................................. 19 -0 .7 - 1.6 0.0 0.0 1.5 1.6 0.0 1.6 1.4 1.4 1.6 Plus: Adjustment for U.S. territories and Puerto Rico ( 6 -1 5 )................................................................................................. 20 21 22 - 0.2 -4 .9 13.9 14.2 10.3 19.1 14.7 15.6 1.8 12.8 Equals: Net exports of goods and services and net receipts of income, NIPAs (8-17)................................. 23 -605.4 -536.0 -570.4 -531.4 -567.5 -604.3 -580.8 Imports of goods and services and income payments, ITAs........................................................................... 1. Consists of statistical revisions to the ITAs that have not yet been incorporated into the NIPAs. ITAs International transactions accounts NIRfts National income and product accounts 0.0 11.1 6.6 0.0 0.0 11.4 39.2 13.9 -6 .3 11.9 34.8 11.5 -6 .7 10.5 36.0 3,231.5 3,350.3 3,365.3 2,827.4 -549.9 -580.7 -612.8 -605.2 -415.5 - 0 .7 0.1 - 0.1 0.4 5.1 -1 .3 0.1 - 12.2 - 12.2 1.7 0.0 - 6.6 12.2 0.0 - 6.0 12.1 14.0 -391.1 D -8 7 April 2 0 0 9 B. Suggested Reading The Bureau of Economic Analysis (BEA) has published a wealth of information about the methodologies that are used to prepare its national, industry, interna tional, and regional accounts. Most of this information is available on BEA’s Web site at www.bea.gov. National accounts The national accounts encompass the detailed esti mates in the national income and product accounts (including gross domestic product) and the estimates of fixed assets and consumer durable goods. National income and product accounts (NIPAs). This series of papers documents the conceptual frame work of the NIPAs and the methodologies that have been used to prepare the estimates. An Introduction to National Income and Product Accounts (2007) Corporate Profits: Profits Before Tax, Profits Tax Liability, and Dividends (2002) Government Transactions (1988) Measuring the Economy: A Primer on GDP and the National Income and Product Accounts (2007) Personal Consumption Expenditures (1990) The methodologies described in these papers have been updated and improved, typically as part of the comprehensive and annual revisions of the NIPAs. The following S u r v e y articles describe the upcoming 2009 comprehensive revision of the NIPAs. “Preview of the Revised NIPA Estimates for 2002: Effects of Incorporating the 2002 Benchmark 1 -0 Ac counts and Proposed Definition and Statistical Changes” (March 2008) Preview of the 2009 Comprehensive NIPA Revision New Classifications for Personal Consumption Expenditures (May 2008) Changes in Definitions and Presentations (March 2009) The following S u r v e y articles describe the 2 0 0 3 comprehensive NIPA revision. “Improved Estimates of the National Income and Product Accounts for 1929-2002: Results of the Com prehensive Revision” (February 2004) “Measuring the Services of Commercial Banks in the NIPAs: Changes in Concepts and Methods” (Sep tember 2003) “Measuring the Services of Property-Casualty In surance in the NIPAs: Changes in Concepts and Meth ods” (October 2003) In addition, see the following articles. “Annual Revision of the National Income and Prod uct Accounts” (August 2008) presents revisions and describes any changes in the data and the methods that are used to prepare the estimates. “Updated Summary of NIPA Methodologies” (No vember 2008) describes the source data and the meth ods that are used to prepare the current-dollar and real estimates of GDP. “Chained-Dollar Indexes: Issues, Tips on Their Use, and Upcoming Changes” (November 2003) discusses the advantages of using chain-weighted indexes and the challenges of using chained dollars. “Reliability of the NIPA Estimates of U.S. Economic Activity” (February 2005) evaluates the principal NIPA estimates by examining the record of revisions to them. “Gross Domestic Product: Revisions and Source Data” (February 2006) describes the categories of data that are used for the advance, preliminary, and final quarterly estimates of GDP. Fixed assets and consumer durable goods. Fixed Assets and Consumer Durable Goods in the United States, 1925-97 (2003) discusses the concepts and sta tistical considerations that underlie the estimates and their derivation. “Fixed Assets and Consumer Durable Goods for 1925-2002” (May 2004) describes the improvements that were incorporated into these estimates as part of the 2003 comprehensive NIPA revision. “Fixed Assets and Consumer Durable Goods for 1998-2007” (September 2008) provides estimates that reflect the incorporation of the most recent annual NIPA revision. Satellite accounts. These accounts extend the ana lytical capacity of the NIPAs by focusing on the effects of a particular aspect of economic activity on GDP. “Research and Development Satellite Account” For 1959-2002 (December 2006) For 1959-2004 (October 2007) Mission Statement and Strategic Plan The mission statement of the Bureau of Economic Analysis and its most recently updated strategic plan for improving the accuracy, reliability, and relevance of the national, industry, regional, and interna tional accounts are available on BEA’s Web site at www.bea.gov under “About BEA.” D-88 Appendix B Industry accounts The industry accounts consist of the annual industry accounts (the input-output accounts and the gross-domestic-product-by-industry accounts), the benchmark input-output accounts, and one satellite account. Annual industry accounts. “Improved Annual In dustry Accounts for 1998-2003” (June 2004) describes the comprehensive revision of the annual input-output accounts and the GDP-by-industry accounts that features the integration of the two sets of accounts. “ Annual Industry Accounts” (February 2008) pre sents the annual revision of these accounts and de scribes the source data and any changes in the methods that are used to prepare the estimates. “Preview of the Comprehensive Revision of the Annual Industry Accounts: Integrating the Annual In put-Output Accounts and the Gross-Domestic-Product-by-Industry Accounts” (March 2004) provides the details about the comprehensive revision. Benchmark input-output accounts. “Preview of the Benchmark Input-Output Accounts for 2002” (Septem ber 2005) includes the proposed new sectors that are based on the 2002 North American Industry Classifica tion System. “U.S. Benchmark Input-Output Accounts, 2002” (October 2007) Satellite accounts. These accounts extend the ana lytical capacity of the input-output accounts by focus ing on a particular aspect of economic activity. “U.S. Travel and Tourism Satellite Accounts” For 2001-2004 (June 2005) For 2002-2005 (June 2006) For 1998-2006 (June 2007) For 2004-2007 (June 2008) International accounts The international accounts encompass the interna tional transactions accounts, direct investment, and international transactions in services. International transactions accounts. The Balance o f Payments o f the United States: Concepts, Data Sources, and Estimating Procedures (1990) describes the methodologies used to prepare the estimates in the ITAs and the international investment position of the United States. These methodologies are usually up dated and improved as part of the annual revisions of the international transactions accounts. The annual revisions of the international transac tions accounts are described in a series of articles, the latest of which was published in the July 2 0 0 8 S u rv e y . Direct investment. International Direct Investment: Studies by the Bureau o f Economic Analysis (1999) is a collection of previously published articles on U.S. di April 2009 rect investment abroad and foreign direct investment in the United States. It includes “A Guide to BEA Sta tistics on U.S. Multinational Companies,” which is also available in the March 1995 S u rv e y , and “A Guide to BEA Statistics on Foreign Direct Investment in the United States,” which is also available in the February 1990 S u rv e y . In addition, the updated methodologies are avail able in US. Direct Investment Abroad: Final Results From the 1999 Benchm ark Survey (2004) and in Foreign Direct Investment in the United States: Final Results From the 2002 Benchm ark Survey (2006). International services. US. International Transac tions in Private Services: A Guide to the Surveys Con ducted by the Bureau o f Economic Analysis (1998) describes 11 surveys. It includes classifications, defini tions, release schedules, the methods used to prepare the estimates, and samples of the survey forms. “Selected Issues in the Measurement of U.S. International Services” (June 2002) describes key is sues in defining and measuring insurance, wholesale and retail trade, finance, construction, and utilities ser vices and explores possible actions to address these is sues. Regional accounts The regional accounts include estimates of personal in come and gross domestic product. The following methodologies are available on BEA’s Web site at www.bea.gov/regional/methods.cfm. Personal income. Estimates of personal income are prepared for states and for local areas. State Personal Incom e (2007) describes the im provements in the methodology that are used to prepare the estimates. Local Area Personal Incom e (2007) describes the detailed methodology that is used to prepare the es timates for counties, metropolitan divisions and ar eas, micropolitan areas, and BEA economic areas and regions. Gross domestic product. Estimates of gross do mestic product (GDP) are prepared for states and metropolitan areas. Gross D om estic Product by State (2006) describes the sources and the methods that are used to pre pare the estimates. “Gross Domestic Product by State” (July2008) presents the most recent annual revision. “Introducing New Measures of the Metropolitan Economy: Prototype GDP-by-Metropolitan-Area Estimates for 2001 -2 0 0 5 ” (November 2007) de scribes the potential uses of the estimates and the methodology used to prepare them.