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AUGUST 1983 / VOLUME 63 NUMBER
8
SURVEY OF CURRENT BUSINESS
CONTENTS
THE BUSINESS SITUATION
Selected National Income and Product Accounts Tables
4
Reconciliation and Other Special Tables
9
Federal Budget Developments
11
U.S. Direct Investment Abroad in 1982
14
U.S. Department of Commerce
Malcolm Baldrige / Secretary
Robert G. Dederick / Under Secretary
for Economic Affairs
Bureau of Economic Analysis
George Jaszi / Director
Foreign Direct Investment
in the United States in 1982
31
The International Investment Position
of the United States in 1982
42
State Personal Income, 1980-82: Revised Estimates
49
Allan H. Young / Deputy Director
Carol S. Carson / Editor-in-Chief,
Survey of Current Business
Manuscript Editor: Dannelet A. Grosvenor
Managing Editor: Patti A. Trujillo
Staff Contributors to This Issue: Kenneth P. Berkman,
Fixed Reproducible Tangible Wealth
in the United States, 1979*82
62
Alternative Estimates of Capital Consumption and
Domestic Profits of Nonfinancial Corporations, 1979-82
66
Leo M. Bernstein, Robert Brown, James C. Byrnes, David
W. Cartwright, William K. Chung, Edwin J. Coleman,
Gregory G. Fouch, Douglas R. Fox, Karl D. Galbraith,
Bruce T. Grimm, Linnea Hazen, Thomas M. Holloway,
Frederick G. Kappler, Martin Murphy, John C. Musgrave,
Elizabeth H. Queen, Russell B. Scholl, Arthur L. Sensenig,
Joseph C Wakefield, Obie G. Whir hard
SURVEY OF CURRENT BUSINESS. Published monthly by the Bureau
CURRENT BUSINESS STATISTICS
General
SI
Industry S19
Footnotes S33
Subject Index (Inside Back Cover)
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the BUSINESS SITUATION
R
EVISED (45-day) estimates show
that real GNP increased 9 percent at
an annual rate in the second quarter
of 1983, compared with the 8V2-percent increase shown by the preliminary (15-day) estimates (table 1). Revisions in the major components were
small. Upward revisions were in residential investment (partly due to a
downward revision in prices), net exports (mainly due to a downward revision in nonpetroleum imports),
nonresidential fixed investment (pro-
ducers' durable equipment), and
change in business inventories (retail
trade). Downward revisions were in
personal consumption expenditures
(mainly in housing services) and government purchases (Federal defense
purchases). The increase in prices as
measured by the GNP fixed-weighted
price index was revised down from 5
to 4V2 percent.
The revisions in the second-quarter
real GNP estimates do not alter the
picture of economic activity described
Table 1.—Revisions in Selected Component Series of the NIPA's, Second Quarter of 1983
Seasonally adjusted at annual
rates
15-day
estimate
45Klay
estimate
Revision
Percent change
from preceding
quarter at annual
rates
15-day
estimate
45-day
estimate
Billions of current dollars
GNP
Personal consumption expenditures..
Nonresidential fixed investment
Residential investment
Change in business inventories
Net exports
Government purchases
3,273.7
3,270.0
-3.7
13.5
13.0
2,151.3
335.3
126.8
-10.6
-12.5
683.3
2,148.4
335.9
127.7
-11.9
-12.3
682.1
-2.9
16.0
3.9
68.2
15.4
4.6
73.3
National incomeCompensation of employees
Corporation profits with inventory valuation and capital
adjustments
Other
Personal income....
3.5
2.8
13.9
2,612.0
1,969.9
1,968.8
10.0
9.7
429.3
214.7
428.5
6.1
94.4
5.3
2,715.0
2,715.7
8.9
9.0
consumption
-1.1
Billions of constant (1972)
dollars
GNP...
Personal consumption expenditures....
Nonresidential fixed investment
Residential investment
Change in business inventories
Net exports
Government purchases
1,521.4
1,523.4
1,010.5
161.8
51.2
-4.5
10.2
292.2
1,009.9
162.3
52.4
-4.0
11.0
291.9
2.0
8.7
9.2
10.0
4.6
61.1
9.7
5.9
76.1
4.5
5.2
5.1
3.5
4.4
4.4
Index numbers, 1972= 1001
GNP implicit price deflator
GNP fixed-weighted price index ....
GNP chain price index
215.17
223.4
214.66
222.9
-.51
-.5
1. Not at annual rates.
NOTE.—For the second quarter of 1983, the following revised or additional major source data became available: For personal
consumption expenditures, revised retail sales for May and June; for nonresidential fixed investment, manufacturers' shipments of
equipment for May (revised) and June, construction put in place for May (revised) and June, and a partial tabulation of business
expenditures for plant and equipment for the quarter; for residential investment, construction put in place for May (revised) and
June; for change in business inventories, book values for manufacturing and trade for May (revised) and June; for net exports of
goods and services, merchandise trade for May (revised) and June; for government purchases of goods and services, Federal unified
budget outlays for June, and State and local construction put in place for May (revised) and June; for wages and salaries, revised
employment, average hourly earnings, and average weekly hours for May and June; for corporate profits, domestic book profits for
the quarter; for GNP prices, the Consumer Price Index and the Producer Price Index for June, unit value indexes and export and
import price indexes for June, and residential housing prices for the quarter.
in the July "Business Situation/'
About two-thirds of the strong increase in GNP was accounted for by
an extraordinarily large increase in
personal consumption expenditures. A
continued strong recovery in residential investment, a leveling out in the
slide in nonresidential fixed investment, and a sharp deceleration in the
rate of inventory liquidation also contributed to the increase in GNP. Net
exports registered a sharp decline as
exports fell and imports increased,
and government purchases were down
again, but not as much as in the first
quarter.
Corporate profits
Corporate profits from current production increased $33 billion to
$214 V2 billion in the second quarter—
a record
increase and an all-time
high.1 On a percentage-change basis,
the second-quarter increase in this
measure of profits, which includes the
inventory valuation and capital consumption adjustments, was the largest since the third quarter of 1975.
The pattern in the first two quarters
of 1983—an increase of $20 billion followed by an even larger one—closely
resembles the pattern in the second
and third quarters of 1975. Both reflected recoveries from deep recessions that reached troughs in the immediately preceding quarters.
An increase in the domestic profits
of nonfinancial corporations accounted for most of the increase in the
second quarter. These profits, increased $30 billion to $164 billion, following an increase of $19 V2 billion
1. Quarterly estimates in the national income and
product accounts are expressed at seasonally adjusted
annual rates, and quarterly changes in them are differences between these rates.
SURVEY OF CURRENT BUSINESS
(table 2). The second-quarter increase
resulted from a combination of a
large increase in the real product of
nonfinancial corporations, a moderate
increase in unit prices, and decline in
unit costs. Per-unit labor and nonlabor costs both decreased; the decrease
in unit labor costs was the first registered since the third quarter of 1975.
Manufacturers' profits accounted
for most of the increase in nonfinancial profits. Increases in profits or reductions in losses in most major manufacturing industries reflected strong
increases in sales. Increased profits of
motor vehicle manufacturers reflected
the effects of a very sharp increase in
auto output, which in turn mirrored a
sharp pickup in unit auto sales. The
increase in auto output led to increased demand for tires to equip new
autos, and helped boost rubber manufacturers' profits. The continuing recovery in residential construction was
a major factor in a strengthening in
lumber profits. An increase in the
profits of petroleum manufacturers
resulted from both increased margins
and increased sales, as the prices of
Table 2
[Billions of dollars,
refined products increased, while
crude oil prices remained about level.
An increase in nonmanufacturing
profits was widely spread: Profits of
gas and electric utilities rebounded
from depressed first-quarter levels;
first-quarter profits reflected the effects of low demand for energy during
an unusually mild winter in some
parts of the country. An increase in
trade profits was more than accounted for by wholesalers' profits and by
retail auto dealers' profits, which reflected the sharp increase in unit auto
sales.
Domestic profits of financial corporations increased $4% billion to $32
billion in the second quarter, matching the increase in the first. Although
nearly all major categories of financial institutions registered increased
profits, most of the second-quarter increase was due to increased profits of
savings and loan associations and a
swing from losses to profits for
mutual savings banks. These thrift institutions benefited from stable or declining interest rates on most types of
deposits and abatement of interest-
Corporate Profits
mally adjusted at annual rates]
1983
1982
III
IV
Corporate profits with IVA and CCAdj
Domestic industries
Financial
Nonfinancial
Rest of the world
162.0
141.4
13.6
127.7
20.7
166.8
145.0
18.6
126.5
21.7
168.5
147.8
20.2
127.5
20.7
161.9
137.8
23.5
114.3
24.1
181.8
161.6
27.8
133.9
20.2
214.7
196.0
32.0
164.0
18.7
Corporate profits with IVA and without CCAdj
Domestic industries
Financial
Nonfinancial
167.7
147.0
15.5
131.5
170.3
148.5
20.4
128.1
168.3
147.6
22.2
125.4
157.2
133.1
25.5
107.6
168.0
147.8
29.8
118.0
189.3
170.6
33.7
136.9
60.9
61.4
65.5
48.3
53.7
68.4
10.4
-3.3
4.0
8.7
4.4
-3.8
.3
14.5
-6.7
3.4
5.0
5.3
3.4
4.1
12.9
-5.6
3.1
3.5
5.1
3.3
3.5
1.2
-6.0
2.1
1.8
2.4
-1.2
2.2
10.0
-1.6
2.8
1.1
3.5
3.0
1.2
18.9
-1.1
3.8
3.7
2.0
5.2
5.3
50.5
6.7
6.2
27.2
46.9
7.3
5.7
21.9
11.9
52.6
8.0
4.6
26.8
13.2
47.1
7.2
3.0
23.5
13.4
43.6
6.9
4.8
15.9
16.0
49.6
7.0
5.0
19.5
18.2
66.7
59.9
59.3
64.4
68.4
21.7
20.7
24.1
20.2
18.7
177.3 167.5
60.8
54.0
116.5 113.5
68.8
70.4
47.7
43.1
-9.0 -10.3
4.7
169.7
61.5
108.2
71.4
36.7
-1.7
13.9
199.1
75.0
124.1
72.0
52.1
-9.8
25.4
Manufacturing
Durable goods
Primary metal industries
Fabricated metal industries
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other
Nondurable goods
Food and kindred products
Chemicals and allied products
Petroleum and coal products
Other
Nonmanufacturing
Rest of the world
Addenda:
Corporate profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
IVA
CCAdj
IVA Inventory valuation adjustment.
CCAdj Capital consumption adjustment.
10.4
70.6
20.7
173.2
60.3
112.9
67.7
45.2
-5.5
-5.6
178.8
61.4
117.4
67.8
49.5
-8.5
-3.5
August 1983
rate competition for new Money
Market Deposit Accounts; many
thrifts had attempted to attract deposits by initially offering very high
rates of interest.
Profits from the rest of the world
decreased $1% billion to $18% billion
in the second quarter, following a decrease of $4 billion. The second-quarter decrease resulted from an increase
in the earnings on foreign corporations' U.S. assets that outweighed an
increase in the earnings on U.S. corporations' foreign assets. Foreign corporations' U.S. earnings and U.S. corporations' foreign earnings are netted
in the calculation of rest-of-the-world
profits. Increases occurred in both the
petroleum and nonpetroleum foreign
activities of U.S. corporations, as petroleum prices firmed and recoveries
were underway in the economies of
many industrial nations.
Other proftts measures. —Profits
before tax increased $29% billion to
$199 billion in the second quarter, following an increase of $2 billion. The
second-quarter level is well below the
peak level of $261 billion recorded in
the first quarter of 1980. These profits
exclude the inventory valuation adjustment (IVA) and the capital consumption adjustment (CCAdj). The
IVA became more negative in the
second quarter, decreasing $8 billion
to —$10 billion, following an increase
of $8% billion. The decrease resulted
from increased rates of inflation of
prices of goods held in inventories;
the largest decreases occurred in the
mining, services, transportation,
retail trade, and petroleum manufacturing industries. The CCAdj increased $11% billion to $25% billion
in the second quarter,
following an increase of $9 billion.2 The increases reflected the effects of provisions of the
Economic Recovery Tax Act of 1981
(ERTA) permitting the use of shorter
service lives for measuring the depreciation on new capital (as reported to
2. The capital consumption adjustment converts depreciation of fixed capital used up in product to a consistent basis with respect to service lives (85 percent of
Internal Revenue Service Bulletin F for equipment
and nonresidential structures) and depreciation formulas (straight line). It also converts depreciation to
replacement cost, the valuation concept underlying
national income and product accounting, from historical cost, the concept generally underlying business accounting.
August 1983
the Internal Revenue Service); depreciation is a deduction from receipts in
the calculation of corporate profits.
As corporations depreciate increasing
amounts of capital using the shorter
service lives, the component of the
CCAdj that adjusts tax-return depreciation to consistent service lives becomes increasingly positive. The effects of ERTA have added somewhat
more than $2 billion per quarter to
the change in the CCAdj, beginning
with the first quarter of 1981. The increases in the CCAdj were also consistent with relatively little change in
the prices of business fixed investment.
Government sector
The fiscal position of the government sector in the national income
and product accounts (NIPA's) continued to improve in the second quarter,
as the combined deficit of the Federal
Government and of State and local
governments declined $31 billion.
This improvement was accounted for
by an 11-percent decline in the Federal deficit and a 28-percent increase in
the State and local surplus. However,
the combined deficit, at $112 billion,
was still significantly larger than the
$81 billion deficit of a year earlier.
This deterioration in the fiscal position of the government sector was
more than accounted for by a $50 V2
billion increase in the Federal deficit.
The Federal sector.—The Federal
Government deficit declined $20 billion in the second quarter, to $163 V2
billion, as receipts increased significantly more than expenditures.
Receipts increased $28 Vi billion,
compared with $10 V2 billion in the
first quarter. All categories of receipts
recorded strong increases, dominated
by a $10V2 billion gain in corporate
profits tax accruals, reflecting the
large increase in corporate profits. Indirect business tax and nontax accruals increased $7V2 billion, the net
effect of a $1V2 billion decline in
windfall profit taxes and a $9 billion
increase in all other categories. Several new levies boosted these receipts. A
5-cent increase (to 9 cents from 4
cents per gallon) in the gasoline and
diesel fuel excise tax—effective April
1, 1983, under provisions of the Highway Revenue Act of 1982—contribut-
SURVEY OF CURRENT BUSINESS
declined $7 billion and all other categories of purchases increased $% billion. Within the latter, a $2 billion decline in the CCC deficit was partly
offset by a $1 billion increase in agricultural subsidies.
On a high-employment budget
basis, the Federal fiscal position
moved from a deficit of $45 billion in
the first quarter to a deficit of $32 billion in the second (see table 3 on page
9). The high-employment deficit as a
percentage of potential GNP decreased from 1.3 percent to 0.9 percent—a move toward a more restrictive fiscal position. (These estimates
differ from those published previously
Personal tax and nontax receipts due to last month's revisions in the
increased $6V2 billion, compared with NIPA's and to revisions, beginning in
a $5V2 billion decline in the first 1977, in several other series used in
quarter. In the first quarter, the ef- the calculation of the high-employfects of Federal income tax cuts more ment estimates. The estimates remain
than offset the effect of increases in based on the potential GNP series disthe tax base. In the second quarter, cussed by the Council of Economic
these legislative impacts were small- Advisers in the 1981 Economic Report
er, and the tax base increased signifi- of the President.)
cantly more, than in the first. ContriThe State and local sector.—The
butions for social insurance increased
State
and local government surplus
$4 billion, reflecting a strong increase
increased
$11V2 billion, to $52 billion
in wages and salaries.
as receipts increased more than exExpenditures increased $9 billion, penditures. The increase in the surcompared with a $14 billion decline in plus was largely accounted for by a
the first quarter, when most expendi- $10% billion increase in the "other"
ture categories were down. In the surplus, that is, in the surplus excludsecond quarter, only nondefense pur- ing social insurance funds.
chases, subsidies less the current surReceipts increased $16 V2 billion,
plus of government enterprises, and compared with $11 billion in the first
transfer payments to foreigners de- quarter. Indirect business tax and
clined. National defense purchases in- nontax accruals increased $7V2 bilcreased $5V2 billion; the increase was lion; sales taxes accounted for $4V£
concentrated in purchases of military billion and property taxes for $2Vfe bilhardware, particularly aircraft and lion. The increase in sales taxes was
ships, each up about $1% billion (see much larger than in the first quarter,
table 4 on page 10). Transfer pay- and reflected strong retail sales as
ments to persons also increased $5V2 well as rate and base changes in sevbillion. Cost-of-living adjustments for eral states. Other categories also inFederal civilian and military retirees creased: personal tax and nontax reeach accounted for %Vz billion and un- ceipts, $4Vfe billion, including $1 bilemployment benefits accounted for $1 lion for a rate increase in Michigan;
billion as Federal supplemental bene- corporate profits tax accruals, $3 bilfits increased $2 billion and regular lion; and contributions for social inbenefits declined $1 billion. Net inter- surance, $V2 billion.
est paid increased $3 billion and
Expenditures increased $5V2 billion,
grants-in-aid to State and local gov- compared with $3Vfe billion in the
ernments increased $1 billion. Partly first quarter. Purchases of goods and
offsetting these increases were de- services accounted for all of the inclines of $6Vi billion in nondefense crease; all other expenditures, on balpurchases and of $1 billion in subsi- ance, were unchanged. Within purdies less the current surplus of gov- chases, compensation increased $4 bilernment enterprises. Within the lion, construction declined $1 billion,
former, agricultural purchases by the and all other purchases increased
Commodity Credit Corporation (CCC) $2% billion.
ed $6V2 billion. A fee of 50 cents imposed on dairy farmers by the Secretary of Agriculture for each 100
pounds of milk produced—effective
October 1, 1982, but delayed by an injunction until mid-April—contributed
$x/2 billion to nontaxes. A tax of 1
mill on each kilowatt-hour of nucleargenerated electricity—effective April
7, 1983, under provisions of the Nuclear Waste Policy Act—contributed
about $V2 billion to excise taxes. (The
proceeds of this tax will be used by
the Federal Government to dispose of
radioactive waste materials produced
by utilities.)
SURVEY OF CURRENT BUSINESS
August 1983
Selected National Income and Product Accounts Tables
New estimates in this issue: Second quarter 1983, revised.
The abbreviations used in the tables are: CCAdj Capital consumption adjustment
IVA
Inventory valuation adjustment
NIPA's National income and product accounts
p
Preliminary
r
Revised
The NIPA estimates for 1929-76 are in The National Income and Product Accounts of the United States, 1929-76: Statistical Tables (Stock
No. 003-010-00101-1, price $10.00). Estimates for 1977-79 and corrections for earlier years are in the July 1982 SURVEY; estimates for 1980-82
and corrections for earlier years are in the July 1983 SURVEY. These publications are available from the Superintendent of Documents and
Commerce Department District Offices; see addresses inside front cover.
Table 1.1-1.2.—Gross National Product in Current and Constant Dollars
Billions of 1972 dollars
Billions of dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
1983
1982
1982
1981
I
II
III
IV
I
II r
1983
1982
1982
I
II
III
IV
I
IIr
Gross national product.
2,954.1
3,073.0
3,021.4
3,070.2
3,090.7
3,109.6
3,171.5
3,270.0
1,485.8
1,489.3
1,485.7
1,480.7
1,490.1
1,523.4
Personal consumption expenditures
1,857.2
1,991.9
1,938.9
1,972.8 2,008.8
2,046.9
2,073.0
2,148.4
956.8
970.2
961.4
968.8
971.0
979.6
986.7
1,009.9
2361
733 9
887.1
244 5
7610
986.4
239 4
749 7
949.7
242 9
754.7
975.2
243 4
2521
773.0
766.6
998.9 1,021.8
258 5
777.1
1,037.4
278.0
798.2
1,072.2
141.2
362.5
453.1
139.8
364.2
466.2
138.5
362.6
460.4
139.5
363.5
465.7
138.2
364.7
468.2
143.2
366.0
470.4
145.8
368.9
472.0
156.3
374.2
479.4
474.9
414.5
422.9
432.5
425.3
377.4
404.1
451.8
227.6
194.5
199.7
201.4
198.4
178.4
190.0
210.6
456 5
352.2
133 4
218 8
104 3
99 8
1.3
32
18.5
10 9
7.6
4391
348 3
1419
206 4
90 8
86 0
1.5
32
-24.5
231
-1.4
448 6
361.3
144 7
216.5
87 3
83.2
.9
32
-25.7
-27 6
1.9
443.7
352.7
144.2
208.5
910
86.1
1.6
3.3
-11.2
-8.8
-2.4
430.2
342.3
140 0
202.2
87 9
83.4
1.3
433.8
337.0
138.6
198.4
96.8
91.2
2.3
q q
56.4
-53.7
2.7
443.5
332.1
132.9
199.3
111.3
106.7
1.3
3.4
-39.4
-39.0
.4
463.7
335.9
127.4
208.5
127.7
122.7
1.5
3.5
-11.9
-10.4
-1.5
219.1
174.4
52.5
121.9
44.7
42.1
.5
2.0
8.5
5.1
3.4
203.9
166.1
53.4
112.7
37.8
35.2
.6
1.9
-9.4
8.6
-.8
209.9
173.6
54.3
119.3
36.3
33.9
.4
1.9
-10.2
11.1
.9
204.9
167.1
54.0
113.1
37.8
35.2
.7
1.9
-3.4
2.2
-1.2
199.8
163.3
53.0
110.3
36.5
34.1
.5
1.9
1.3
.1
-1.4
201.1
160.5
52.2
108.3
40.6
37.8
.9
1.9
22.7
-21.1
-1.6
205.4
159.9
50.3
109.6
45.5
43.0
.5
2.0
15.4
-15.1
.3
214.6
162.3
48.3
113.9
52.4
49.7
.6
2.0
-4.0
-3.2
.8
26.3
17.4
29.9
33.3
.9
5.6
17.0
12.3
43.0
28.9
35.2
33.4
24.0
23.0
20.5
11.0
368 8
342.5
347 6
330.2
358.4
328.5
364.5
331.2
346.0
345.0
321.6
316.1
326.9
309.9
322.8
335.1
159.7
116.7
147.3
118.4
151.8
116.6
154.5
121.1
146.4
122.4
136.5
113.5
137.3
116.8
134.4
123.4
595.7
649.2
629.8
631.6
655.7
679.7
677.4
682.1
286.5
291.8
289.4
285.8
292.2
299.7
292.9
291.9
229 2
154.0
75 2
366.5
258 7
179.4
79 3
390.5
249.7
168.1
817
380.0
244.1
175.2
68 9
387.5
261.7
183.6
781
394.0
279.2
190.8
88.5
400.5
273.5
194.4
791
404.0
272.7
199.9
72.8
409.4
110.4
73.6
36.8
176.1
116.6
78.8
37.8
175.2
114.5
75.5
39.1
174.9
110.3
77.8
32.5
175.4
116.9
80.4
36.5
175.3
124.4
81.4
43.0
175.2
118.4
82.7
35.7
174.5
117.6
84.7
32.9
174.3
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm
Net exports of goods and services
Exports ..
Imports
.
.
.
.
.
Government purchases of goods and services
Federal
National defense
Nondefense
State and local.
..
.
q O
-4.9
-2.3
-2.6
1,513.8 1,485.4
Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
Gross national product
2,954.1
3,073.0
3,021.4
3,070.2
3,090.7
3,109.6
3,171.5
3,270.0
1,513.8
1,485.4
1,485.8
1,489.3
1,485.7
1,480.7
1,490.1
1,523.4
2,935.6
3,097.5
3,047.1
3,081.4
3,095.6
3,165.9
3,210.9
3,281.9
1,505.3
1,494.8
1,495.9
1,492.7
1,487.0
1,503.4
1,505.5
1,527 4
18.5
-24.5
-25.7
-11.2
-4.9
-56.4
-39.4
-11.9
8.5
-9.4
-10.2
-3.4
-3.1
-22.7
-15.4
-4.0
1,291.8
1,208.9
1,281.1
1,290.8
1,286.6
1,264.8
1,292.2
1,345.7
692.6
661.6
668.1
664.6
661.6
652.1
656.9
681.0
1,273.4 1,305.4 1,306.8 1,302.0 1,291.5 1,321.2
18.5 - 2 4 . 5 -25.7 -11.2
- 4 . 9 -56.4
528.0
500.8
496.4
514.3
518.4
474.0
524.3
516.3
517.2
516.8
512.0
519.0
3.6 -15.5 -20.8
-2.5
6.4 -45.0
763.9
780.1
784.7
776.5
768.3
790.8
749.1
789.1
789.6
785.2
779.5
802.2
14.8
-9.1
-4.9
-8.7
- 1 1 . 3 -11.4
1,331.6 1,357.6
-39.4 -11.9
482.7
534.9
520.9
544.4
-38.2
-9.5
809.5
810.8
810.6
813.2
-1.2
-2.4
684.1
8.5
294.0
292.5
1.6
398.6
391.7
6.9
671.0
-9.4
269.6
276.1
-6.5
392.0
394.9
-2.9
678.3
-10.2
271.7
280.9
-9.1
396.4
397.4
-1.0
668.1
-3.4
275.4
276.5
-1.1
389.3
391.6
-2.3
663.0
-3.1
274.9
271.6
3.2
386.7
391.3
-4.6
674.8
-22.7
256.4
275.3
-18.9
395.6
399.4
-3.8
672.3
-15.4
261.3
277.0
-15.7
395.6
395.2
.3
685 0
-4.0
285 9
289.9
-4 0
395.0
3951
-.1
Services
Structures
1,374.2
288.0
1,511.1 1,460.6
281.0
279.7
1,496.4
283.0
1,527.2
276.9
1,560.5
284.3
1,588.4
290.9
1,623.5
300.7
702.7
118.5
712.2
111.6
707.1
110.6
712.8
111.9
713.9
110.2
715.0
113.6
717.8
115.4
722.6
119.8
Addenda:
Gross domestic purchases 1
Final sales to domestic purchasers 1
2,927.8
2,909.4
3,055.6
3,080.1
3,037.0
3,048.2
3,089.8
3,094.7
3,104.0
3,160.4
3,154.6
3,193.9
3,282.3
3,294.2
1,470.8
1,462.3
1,456.5
1,465.9
1,450.6
1,460.7
1,455.9
1,459.4
1,461.7
1,463.0
1,457.7
1,480.4
1,469.6
1,485.0
1,512 3
1,516.4
Final sales
Change in business inventories
Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
2,991.5
3,017.2
1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.
Table 1.5-1.6.—Gross National Product by Sector in Current and Constant Dollars
Gross domestic product..
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
Households and institutions
Private households
Nonprofit institutions
Government
Federal
State and local
Rest of the world
Addendum:
Gross domestic business product less housing..
2,954.1
3,073.0
3,021.4
3,070.2
3,090.7
3,109.6
3,270.0
1,513.8
1,485.4
1,485.8
1,489.3
1,485.7
1,480.7
1,490.1
1,523.4
2,904.5
2,509.0
2,432.8
2,193.7
239.1
81.1
-4.9
96.2
7.0
89.2
299.3
92.8
206.5
49.6
3,025.7
2,594.6
2,520.0
2,252.6
267.4
74.1
.5
107.0
7.6
99.4
324.1
101.1
223.0
47.3
2,974.5
2,555.2
2,482.4
2,224.8
257.6
79.5
-6.7
103.3
7.4
95.9
316.0
99.5
216.5
46.9
3,020.6
2,593.8
2,521.8
2,258.7
263.1
70.3
1.7
105.6
7.6
98.0
321.2
100.1
221.1
49.6
3,044.2
2,610.1
2,536.6
2,265.9
270.7
70.9
2.5
108.5
7.7
100.8
325.7
100.7
225.0
46.6
3,063.5 3,127.2 3,227.0
2,619.1 2,675.5 2,768.8
2,539.1 2,601.8 2,698.5
2,261.0 2,317.9 2,409.0
278.1
284.0
289.6
75.8
74.9
75.4
4.2
-1.2
-5.2
112.2
114.1
110.8
7.8
8.0
8.1
102.9
104.2
106.0
333.7
344.1
339.5
104.2
105.6
106.0
229.5
233.8
238.1
46.0
44.3
43.0
1,488.2
1,285.8
1,247.7
1,110.9
136.8
40.6
-2.5
46.4
3.1
43.3
156.0
50.0
106.0
25.6
1,462.3
1,259.6
1,220.4
1,078.3
142.1
39.0
.2
46.7
3.3
43.4
156.1
50.5
105.6
23.1
1,462.5
1,259.9
1,220.8
1,080.6
140.2
42.4
-3.3
46.6
3.2
43.4
156.1
50.2
105.9
23.3
1,465.0
1,262.1
1,224.0
1,082.7
141.3
37.3
.8
46.6
3.2
43.4
156.3
50.3
106.0
24.3
1,463.1
1,260.4
1,223.4
1,080.7
142.7
35.7
1.2
46.8
3.3
43.5
156.0
50.5
105.4
22.6
1,458.6
1,255.9
1,213.2
1,068.9
144.3
40.6
2.0
46.9
3.3
43.5
155.8
50.7
105.1
22.1
1,469.2
1,266.1
1,227.5
1,081.9
145.6
39.2
-.6
47.1
3.4
43.7
155.9
50.8
105.1
21.0
1,503.2
1,299.9
1,262.4
1,115.5
146.9
39.9
-2.4
47.3
3.4
43.9
156.0
50.9
105.1
20.1
2,261.7
2,318.4
1,147.6
1,116.2
3,171.5
SURVEY OF CURRENT BUSINESS
August 1983
Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business
in Current and Constant Dollars
1981
Billions of dollars
Billions of dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1982
1982
Gross domestic product of corporate
business
Capital consumption allowances with CCAdj
Net domestic product
Indirect business tax and
nontax liability plus
business transfer payments less subsidies
1981
1983
III
III
1,854.5 1,897.1 1,877.3 1,898.7 1,909.4 1,903.2 1,954.2 2,034.9
202.9
222.0
215.6
220.2
224.5
227.7
228.3
230.0
1,651.7 1,675.1 1,661.7 1,678.4 1,684.9 1,675.4 1,725.9 1,804.9
184.8
187.6
184.5
186.3
188.4
191.4
195.6
207.3
1,466.9 1,487.5 1,477.2 1,492.2 1,496.5 1,484.0 1,530.3 1,597.6
Domestic income
Compensation of em1,230.2 1,282.2 1,266.8 1,282.2 1,290.8 1,289.2 1,313.6 1,347.7
ployees
1,027.7 1,065.8 1,053.9 1,066.3 1,072.9 1,070.3 1,086.9 1,114.1
Wages and salaries
Supplements
to
202.5
216.4
wages and salaries...
212.9
215.9
217.9
218.9
226.7
233.5
Corporate profits with
168.7
143.0
141.4
145.0
IVA and CCAdj
147.8
137.8
161.6
196.0
Profits before tax
Profits tax liability.,
Profits after tax
Dividends
Undistributed
profits
IVA
CCAdj
Net interest
Gross
domestic
product of financial
corporate
business
Gross
domestic
product of nonfinancial corporate business
Capital consumption allowances with CCAdj
1982
1982
IV
203.3
82.8
120.5
50.3
152.4
59.2
93.2
54.4
152.5
60.3
92.2
52.2
157.1
61.4
95.6
53.3
156.6
60.8
95.8
55.5
143.4
54.0
89.4
56.7
149.5
61.5
88.0
60.6
180.4
75.0
105.4
57.7
70.2
-23.6
-11.0
68.1
-8.4
-1.1
62.3
40.0
-5.5
-5.6
69.1
42.3
-8.5
-3.5
65.0
40.3
-9.0
.1
58.0
32.6
-10.3
4.7
57.1
27.4
-1.7
13.9
55.1
47.7
-9.8
25.4
53.9
Net domestic product
Indirect business tax and
nontax liability plus
business transfer payments less subsidies
Domestic income
Compensation of employees
Wages and salaries
Supplements
to
wages and salaries..
Corporate profits with
IVA and CCAdj
Profits before tax
Profits tax liability.
Profits after tax
Dividends
Undistributed
profits
IVA
CCAdj
Net interest
IV
1,547.7 1,566.8 1,560.8 1,571.8 1,574.5 1,559.8 1,602.3 1,673.9
179.0
177.7
176.5
176.2
182.4
179.6
186.4
197.6
1,371.2 1,387.8 1,384.6 1,394.1 1,394.9 1,377.4 1,415.9 1,476.3
1,155.8 1,198.6 1,187.7 1,199.7 1,205.6 1,201.2 1,222.4 1,253.9
966.1
997.3
989.0
998.7 1,003.1
998.2 1,012.0 1,037.2
189.7
201.3
198.7
201.0
202.6
203.0
210.4
216.7
150.2
124.0
127.7
126.5
127.5
114.3
133.9
164.0
183.0
65.5
117.5
53.5
131.5
41.2
90.3
57.2
137.0
45.7
91.4
55.2
136.6
43.6
93.0
55.7
134.4
42.0
92.4
58.5
117.9
33.6
84.4
59.2
119.7
41.8
77.9
63.3
146.7
54.1
92.6
60.5
64.0
-23.6
-9.1
65.2
33.1
-8.4
.8
65.2
36.2
-5.5
-3.8
69.2
37.3
-8.5
-1.6
67.9
33.9
-9.0
2.1
61.8
25.1
-10.3
6.7
61.9
14.5
-1.7
15.9
59.7
32.1
-9.8
27.1
58.4
856.0
883.5
99.8
Billions of 1972 dollars
114.6
120.4
112.4
118.4
122.6
128.2
136.5
144.2
1,739.9 1,776.7 1,764.9 1,780.2 1,786.8 1,775.0 1,817.6 1,890.7
192.2
210.0
204.0
208.4
212.3
215.1
215.3
216.8
Gross domestic product of nonfinancial
corporate businessCapital consumption allowances with CCAdj
Net domestic product
Indirect business tax and
nontax liability plus
business transfer payments less subsidies
Domestic income
887.5
857.7
864.3
860.5
859.5
846.4
93.2
96.8
95.5
96.4
97.2
98.2
98.9
794.3
760.9
768.8
764.1
762.3
748.2
757.2
95.0
699.3
94.2
666.6
94.4
674.4
94.7
669.5
94.0
668.3
93.9
654.3
96.4
660.8
97.5
686.2
Table 1.11.—National Income by Type of Income
National income
2,373.0 2,450.4 2,419.7 2,448.9 2,458.9 2,474.0 2,528.5 2,612.0
Compensation of employees
1,769.2 1,865.7 1,834.2 1,859.9 1,879.5 1,889.0 1,923.7 1,968.8
Wages and salaries
1,493.2 1,568.1 1,542.7 1,563.9 1,579.8 1,586.0 1,610.6 1,647.2
Government and government enterprises....
284.5
306.0
303.1
307.7
314.5
298.6
319.2
323.3
Other
1,208.8 1,262.1 1,244.1 1,260.8 1,272.1 1,271.5 1,291.5 1,323.9
Supplements to wages
and salaries
276.0
297.6
299.7
302.9
313.1
291.6
296.0
321.6
Employer
contributions for social in132.5
surance
140.9
139.1
140.6
141.5
142.5
148.8
151.5
143.5
156.6
152.4
160.4
Other labor income
155.4
158.2
164.3
170.1
Proprietors' income with
IVA and CCAdj
Farm
Proprietors'
income
with IVA
CCAdj
Nonfarm.
Proprietors' income....
IVA
CCAdj
Rental income of persons
with CCAcJj
Rental income of persons
CCAdj
Corporate profits with IVA
and CCAdj
Corporate profits with
IVA
Profits before tax
Profits tax liability.
Profits after tax
Dividends
Undistributed
profits
IVA
CCAdj
Net interest
Addenda:
Corporate profits after
tax with IVA and
CCAdj
Dividends
Undistributed
profits
with IVA and CCAdj
120.2
30.5
109.0
21.5
111.2
27.4
104.9
16.8
103.6
15.8
116.2
26.0
120.6
22.2
129.7
23.6
38.4
-8.0
89.7
90.1
-1.5
1.1
29.9
-8.4
87.4
84.2
-.6
3.9
35.7
-8.2
83.7
80.8
-.1
3.0
25.1
-8.3
88.1
85.3
-.8
3.6
24.2
-8.4
87.8
84.5
-.7
4.1
34.6
-8.6
90.2
86.0
-.8
4.9
30.6
-8.4
98.4
91.0
-.2
7.6
32.1
-8.4
106.1
96.7
-1.1
10.4
41.4
49.9
47.4
49.0
50.9
52.3
54.1
54.8
77.0
35.6
86.3
-36.5
84.7
37.3
85.7
36.7
87.6
36.7
87.4
35.2
91.6
37.5
91.7
-36.9
192.3
164.8
162.0
166.8
168.5
161.9
181.8
214.7
203.3
227.0
82.8
144.1
64.7
165.9
174.2
59.2
115.1
68.7
167.7
173.2
60.3
112.9
67.7
170.3
178.8
61.4
117.4
67.8
168.3
177.3
60.8
116.5
68.8
157.2
167.5
54.0
113.5
70.4
168.0
169.7
61.5
108.2
71.4
189.3
199.1
75.0
124.1
72.0
79.5
-23.6
-11.0
46.4
-8.4
-1.1
45.2
-5.5
-5.6
49.5
-8.5
-3.5
47.7
-9.0
.1
43.1
-10.3
4.7
36.7
-1.7
13.9
52.1
-9.8
25.4
249.9
261.1
265.0
268.3
256.4
254.7
248.3
244.0
109.5
64.7
105.6
68.7
101.7
67.7
105.3
67.8
107.6
68.8
107.9
70.4
120.3
71.4
139.7
72.0
44.8
37.0
34.0
37.5
38.9
37.5
48.9
67.7
Table 1.7.—Relation of Gross National Product, Net National Product,
National Income, and Personal Income
Billions of dollars
Seasonally adjusted at annual rates
1981
1983
1982
1982
III
Gross national product
Less:
Capital consumption allowances with CCAdj...
Capital consumption allowances
Less: CCAdj
Equals: Net national product
Less:
Indirect business tax and
nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current
surplus of government
enterprises
Equals: National income
Less:
Corporate profits with
IVA and CCAdj
Net interest
Contributions for social
insurance
Wage accruals less disbursements
Plus:
Government transfer payments to persons
Personal interest income...
Personal dividend income.
Business transfer payments
Equals: Personal income
IV
2,954.1 3,073.0 3,021.4 3,070.2 3,090.7 3,109.6 3,171.5 3,270.0
329.5
359.2
349.3
356.1
363.0
368.3
370.8
373.1
271.6
-57.9
312.6
-46.6
296.6
-52.7
306.7
-49.4
317.5
-45.5
329.5
-38.8
341.8
-29.1
359.0
-14.1
2,624.6 2,713.8 2,672.1 2,714.1 2,727.7 2,741.3 2,800.7 2,896.9
250.0
258.3
252.6
256.0
259.9
264.8
270.6
285.9
12.9
-4.9
14.1
.5
13.7
-6.7
14.0
1.7
14.3
2.5
14.7
4.2
15.0
-1.2
15.3
-5.2
6.4
9.5
7.2
6.4
8.0
16.6
12.3
11.2
2,373.0 2,450.4 2,419.7 2,448.9 2,458.9 2,474.0 2,528.5 2,612.0
192.3
249.9
164.8
261.1
162.0
265.0
166.8
268.3
168.5
256.4
161.9
254.7
181.8
248.3
214.7
244.0
237.0
253.0
249.9
252.4
254.3
255.4
265.4
270.2
0
-.1
0
0
0
0
-1.3
324.3
341,3
260.4
366.2
340.9
364.9
350.3
371.9
366.1
364.8
384.3
363.1
383.6
357.2
62.8
66.4
65.6
65.6
66.4
67.9
12.9
14.1
13.7
14.0
14.3
14.7
.1
15.0
2,435.0 2,578.6 2,528.1 2,563.2 2,591.3 2,632.0
356.7
69.3
15.3
2,657.7 2,715.7
SURVEY OF CURRENT BUSINESS
Table 2.1.—Personal Income and Its Disposition
August 1983
Table 2.2-2.3.—Personal Consumption Expenditures by Major Type of
Product in Current and Constant Dollars
Billions of dollars
Billions of dollars
Seasonally adjusted a t annual rates
1981
1982
1982
Seasonally adjusted a t annual rates
1983
III
1982
1981
IV
1982
1983
III
2,435.0 2,578.6 2,528.1 2,563.2 2,591.3 2,632.0 2,657.7 2,715.7
Personal income
Wage and salary disbursements.. 1,493.2 1,568.1 1,542.8 1,563.8 1,579.8 1,586.0 1,610.7 1,648.5
Commodity-producing
514.8 513.7
509.5 509.2
508.9 499.5 508.6
522.3
industries
385.3 383.8 386.2 386.8 384.8 377.4
385.4
397.4
Manufacturing
371.6
361.6
378.8
378.1
381.9
386.4
383.5
394.3
Distributive industries
337.7
374.1 357.6 369.1 381.2 388.5 396.4
407.3
Service industries
Government and government
298.7
284.4
306.0
303.0
307.7
314.5 319.2
324.6
enterprises
143.5
Other labor income
152.4
156.6
155.4
158.2
Proprietors' income with IVA
andCCAdj
Farm
Nonfarm
120.2
30.5
89.7
109.0
21.5
87.4
111.2
27.4
83.7
104.9
16.8
88.1
Rental income of persons with
CCAdj
41.4
49.9
47.4
49.0
50.9
Personal dividend income-
62.8
66.4
65.6
65.6
66.4
Personal interest income...
341.3
366.2
364.9
371.9
364.8
Transfer payments
Old-age, survivors, disability,
and health insurance benefits
Government
unemployment
insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Aid to families with dependent children
Other
337.2
374.5
354.6
364.2
182.0
204.5
195.0
15.6
16.1
24.8
16.4
19.0
16.4
49.3
74.2
54.2
74.6
13.5
60.8
13.4
61.2
160.4
116.2
26.0
90.2
103.6
15.8
87.8
164.3
Less: Personal tax and nontax
payments
170.1
120.6
22.2
98.4
129.7
23.6
106.1
52.3
54.1
54.8
67.9
68.8
69.3
363.1
357.2
356.7
380.4
399.0
398.5
405.2
197.3
209.3
216.5
217.4
221.1
23.2
16.2
24.9
16.3
32.2
16.6
29.0
16.9
29.9
16.6
51.5
72.7
54.5
73.0
55.1
74.9
55.8
77.9
56.6
78.7
58.3
79.3
13.3
59.4
13.4
59.7
13.3
61.6
13.5
64.3
14.1
64.5
14.4
64.9
Less: Personal contributions
for social insurance
Equals: Disposable
income
IV
118.6
387.4
402.1
400.2
404.2
404.1
399.8
401.8
412.7
personal
2,047.6 2,176.5 2,127.9 2,159.0 2,191.5 2,227.8 2,255.9 2,303.0
Less: Personal outlays
1,912.4 2,051.1 1,997.0 2,031.9 2,068.4 2,107.0 2,134.2 2,210.8
Personal consumption expenditures
1,857.2 1,991.9 1,938.9 1,972.8 2,008.8 2,046.9 2,073.0 2,148.4
Interest paid by consumers to
57.0
business
54.3
58.1
61.2
57.8
58.5
60.2
59.1
Personal transfer payments to
foreigners (net)
1.1
.9
1.3
1.1
1.0
1.1
1.0
1.1
Equals: Personal saving
135.3
125.4
130.8
127.1
123.0
120.8
121.7
92.2
Addenda:
Disposable personal
income:
Total, billions of 1972 dollars
1,054.7 1,060.2 1,055.1 1,060.2 1,059.3 1,066.1 1,073.8 1,082.5
Per capita:
Current dollars
8,906 9,377 9,199
9,315
9,430 9,562 9,661
9,842
1972 dollars
4,587 4,567 4,562 4,574 4,558 4,576 4,599 4,626
231.3 231.8 232.4
Population (millions)
229.9
232.1
233.0
233.5 234.0
Personal
consumption expenditures....
Durable goodsMotor vehicles and p a r t s . .
Furniture and household
equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods....
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other
1,857.2 1,991.9 1,938.9 1,972.8 2,008.8 2,046.9 2,073.0 2,148.4
236.1
244.5
239.4
242.9
243.4
252.1
258.5
101.6
109.9
106.4
107.6
109.4
116.1
118.4
134.6
93.3
41.2
93.5
41.1
91.7
41.3
93.9
41.4
93.5
40.5
94.9
41.0
97.3
42.9
100.4
43.0
733.9
761.0
749.7
754.7
766.6
773.0
777.1
798.2
375.9
115.3
94.6
148.1
20.7
127.4
396.9
119.0
91.5
153.5
20.0
133.5
388.1
118.4
94.0
149.2
19.4
129.8
394.7
119.0
89.6
151.5
19.6
131.9
400.4
119.2
91.3
155.6
20.9
134.8
404.5
119.6
91.1
157.9
20.2
137.7
411.7
120.0
87.3
158.1
17.7
140.4
418.3
126.6
90.3
163.1
21.2
141.9
887.1
986.4
949.7
975.2
302.0
128.4
66.8
61.6
65.5
391.3
334.1
144.3
76.3
68.0
68.4
439.6
323.8
140.2
74.9
65.3
66.5
419.2
329.7
144.6
77.2
67.4
68.0
432.9
278.0
1,021.8 1,037.4 1,072.2
337.8
145.2
76.2
69.0
69.8
446.1
345.2
147.1
76.8
70.3
69.2
460.3
352.6
145.9
74.1
71.8
70.1
468.8
359.5
157.9
85.1
72.8
72.1
482.8
Billions of 1972 dollars
Personal
consumption expenditures...
Durable goods..
956.8
970.2
961.4
968.8
971.0
979.6
986.7
1,009.9
141.2
139.8
138.5
139.5
138.2
143.2
145.8
156.3
56.0
57.4
56.4
56.5
56.4
60.5
60.9
69.2
61.7
23.5
59.7
22.7
59.1
23.0
60.1
22.9
59.6
22.3
60.2
22.5
61.7
23.3
63.7
23.3
362.5
364.2
362.6
363.5
364.7
366.0
368.9
374.2
181.8
83.2
25.2
72.3
3.6
68.7
184.0
84.4
25.6
70.2
3.5
66.6
182.1
84.4
25.8
70.1
3.4
66.7
182.9
84.4
26.2
70.0
3.6
66.5
184.8
84.1
25.3
70.6
3.7
66.9
186.4
84.5
25.2
70.0
3.4
66.6
188.2
84.7
26.3
69.7
3.3
66.4
88.6
26.3
70.6
4.1
66.5
453.1
466.2
460.4
465.7
468.2
470.4
472.0
479.4
166.7
63.0
24.8
38.2
32.3
191.1
171.3
63.5
24.9
38.6
31.7
199.6
170.2
63.4
25.4
38.1
31.7
195.1
171.0
64.2
25.6
38.5
31.9
198.7
171.7
63.5
24.7
38.8
32.0
201.0
172.4
63.0
23.9
39.1
31.4
203.5
174.0
61.9
23.0
39.0
31.2
204.8
175.5
65.0
25.9
39.1
31.5
207.4
Motor vehicles and parts ..
Furniture and household
equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods..
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other
Table 5.1.—Gross Saving and Investment
Billion s of dollars
Seasonally adjusted at annual rates
Personal saving as percentage of disposable personal
income
1981
II
I
Table 7.7.—Current-Dollar Cost and Profit Per Unit of Constant-Dollar
Gross Domestic Product of Nonfinancial Corporate Business
Dollars
Seasonally adjusted
1981 1982
1982
II
Current-dollar cost a n d profit per unit
of constant-dollar gross domestic
product1
Capital consumption allowances with CCAdj....
Net domestic product
Indirect business tax and nontax liability
plus business transfer payments less subsidies
Domestic income
Compensation of employees
Corporate profits with
IVA and CCAdj
Profits tax liability
Profits after tax with IVA and CCAdj....
Net interest
III
IV
I
II
1.960 2.072 2.042 2.069 2.079 2.097 2.123 2.140
.217
.245
1.827
.236
.242 .247 .254 .252 .245
1.827 1.832 1.843 1.872 1.895
.199 .209 .204 .207 .209 .215 .218 .224
1.545 1.618 1.602 1.620 1.623 1.627 1.654 1.671
1.302 1.397 1.374 1.394 1.403 1.419 1.428 1.419
.169
.074
.095
.074
.145
.048
.097
.076
.148
.053
.095
.147
.051
.096
.079
.148
.049
.099
.072
.135
.040
.095
.073
.156
.049
.108
.070
Gross saving
Gross private saving
Personal saving
Undistributed corporate profits with IVA and CCAdj
Undistributed profits
IVA
CCAdj
.186
.061
.124
.066
Capital consumption allowances with CCAdj:
Corporate
Noncorporate ..
Wage accruals less disbursements
Government surplus o r
deficit ( ) NIPA's
Federal
State and local
Capital grants received by t h e
United States (net)
1983
1982
1982
III
IV
n-
I
483.8
405.8
434.4
439.5
397.9
351.3
398.5
421.1
509.6
135 3
521.6
125.4
514.1
130.8
520.7
127.1
524.9
123.0
526.6
120.8
541.5
121.7
533.0
92.2
44.8
79.5
-23 6
-11.0
37.0
46.4
-84
-1.1
34.0
45.2
-5.5
-5.6
37.5
49.5
-8.5
-3.5
38.9
47.7
9.0
.1
37.5
43.1
-10.3
4.7
48.9
36.7
1.7
13.9
67.7
52.1
-9.8
25.4
202.9
126.6
222.0
137.2
215.6
133.7
220.2
135.9
224.5
138.5
227.7
140.5
228.3
142.6
230.0
143.1
0
0
0
0
0
0
0
0
175.3 -142.9 -111.9
— 26.9 -115.8 -79.7 -81.2 -127.0
- 6 2 . 2 -147.1 -108.5 - 1 1 3 2 -158.3 -208.2 -183.3 -163.7
40.4
51.8
32.9
31.3
32.0
28.8
31.3
35.3
0
0
0
0
0
0
0
478.9
406.2
427.7
441.3
400.5
355.5
397.4
415.9
Gross private domestic investment
Net foreign investment
474.9
4.0
414.5
-8.3
422.9
4.8
432.5
8.7
425.3
-24.8
377.4
-21.9
404.1
-6.7
451.8
-35.8
Statistical discrepancy
-4.9
.5
-6.7
1.7
2.5
4.2
-1.2
-5.2
Gross investment
1.1
SURVEY OF CURRENT BUSINESS
August 1983
Table 7.1.—Implicit Price Deflators for Gross National Product
Table 3.2.—Federal Government Receipts and Expenditures
Index numbers, 1972=100
Billions of dollars
Seasonally adjusted
Seasonally adjusted at annual rates
1981
1982
1982
1981
1983
1982
Receipts
627.0
Personal tax and nontax
receipts
Income taxes
Estate and gift taxes
Nontaxes
Corporate profits tax accruals
Indirect business tax and
nontax accruals
Excise taxes
Customs duties
Nontaxes
Contributions for social
insurance
Expenditures
Purchases of goods and
services
National defense
Nondefense
Transfer payments
To persons
To foreigners
Grants-in-aid to State and
local governments
Net interest paid
Interest paid
To persons and business
To foreigners
Less: Interest received
Subsidies less current surplus of government
enterprises
Subsidies
...
Less: Current surplus of
government enterprises.
Less: Wage accruals
disbursements
617.4
619.5
622.2
615.2
612.6
623.3
652.0
298.6
291.4
7.0
.3
304.7
296.7
7.6
.3
306.5
297.0
9.2
.3
308.5
300.3
8.0
.3
300.6
293.0
7.3
.3
303.0
296.7
6.0
.3
297.7
291.7
5.7
.3
304.3
297.8
6.1
.3
67.5
46.5
47.6
48.4
47.8
42.1
48.6
59.0
56.4
41.7
8.6
48.3
32.4
8.6
49.5
34.2
9.0
47.7
31.3
8.7
7.7
47.9
31.7
8.4
48.3
32.4
8.3
48.6
33.3
7.5
7.7
56.2
39.0
8.9
228.5
232.6
806.6
815.7
6.1
7.3
6.3
204.5
217.9
215.8
689.2
764.4
728.0
229.2
154.0
75.2
286.6
280.9
5.7
258.7
179.4
79.3
321.1
314.8
6.3
249.7
168.1
81.7
302.5
296.5
6.0
87.9
73.2
91.6
83.9
84.9
107.7
74.8
16.8
18.4
12.4
11.8
217.6
735.4
7.8
7.6
218.9
219.3
773.5
820.9
244.1
175.2
68.9
311.2
305.3
5.9
261.7
183.6
78.1
325.9
320.1
5.8
279.2
190.8
88.5
344.8
337.2
7.6
273.5
194.4
79.1
340.3
335.3
5.0
272.7
199.9
72.8
345.7
340.9
4.8
82.5
79.7
101.6
85.1
82.3
104.9
83.0
88.6
111.7
85.0
89.1
112.6
85.8
88.4
113.0
91.6
116.0
89.5
18.2
22.8
83.8
17.9
22.0
87.4
17.4
22.5
92.8
18.9
23.1
93.8
18.8
23.5
95.4
17.6
24.6
98.4
17.6
24.4
15.8
14.9
13.4
14.4
12.7
14.1
14.2
13.5
22.8
17.9
18.6
16.4
17.6
17.7
-4.9
-2.3
.1
-.6
1.4
Social insurance funds
Other
Personal tax and nontax
receipts
Income taxes
Nontaxes
Other
Corporate profits tax accruals
Indirect business tax and
nontax accruals
Sales taxes
Property taxes
Other
Contributions for social insurance
Federal grants-in-aid
Expenditures
Purchases of goods and
services
Compensation of employees
Other
Transfer payments to persons
Net interest paid
Interest paid
Less: Interest received
Less: Dividends received
Subsidies less current surplus of government
enterprises
Subsidies
Less: Current surplus of
government enterprises..
Less: Wage accruals less
disbursements
Surplus or
deficit
( - ) , NIPA's
IIr
I
IV
195.14 206.88 203.36 206.15 208.03 210.00 212.83 214.66
194.1
167.3
202.5
195.8
205.3
174.8
209.0
211.6
201.7
172.9
206.8
206.3
203.6
174.2
207.6
209.4
206.9
176.1
210.2
213.4
209.0
176.1
211.2
217.2
210.1
177.3
210.6
219.8
212.7
177.9
213.3
223.6
Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment..
Residential
Nonfarm structures
Farm structures
Producers' durable equipment..
Change in business inventories
208.4
201.9
254.2
179.5
233.5
237.1
234.0
159.3
215.3
209.7
265.8
183.1
240.2
244.0
245.9
168.7
213.7
208.1
266.4
181.5
240.8
245.0
240.6
165.8
216.6
211.1
267.1
184.4
240.9
244.8
246.5
168.2
215.3
209.6
264.3
183.3
240.9
244.9
242.4
169.8
215.7
209.9
265.4
183.2
238.4
241.5
249.9
171.1
215.9
207.7
264.0
181.8
244.9
248.2
248.2
171.7
216.0
207.0
263.7
183.0
243.9
246.8
249.8
171.7
Net exports of goods and
services
Exports
Imports
230.8
293.4
236.0
278.9
236.1
281.8
236.0
273.6
236.3
281.8
235.6
278.5
238.0
265.4
240.1
271.5
Government purchases of
goods and services
Federal
National defense
Nondefense
State and local
207.9
207.7
209.3
204.5
208.1
222.5
222.0
227.7
210.0
222.9
217.6
218.0
222.7
209.1
217.3
221.0
221.3
225.1
212.3
220.9
224.4
223.8
228.3
213.9
224.7
226.8
224.4
234.3
205.7
228.5
231.3
230.9
234.9
221.7
231.6
233.7
232.0
236.1
221.5
234.9
Table 7.2.—Fixed-Weighted Price Indexes for Gross National Product,
1972 Weights
Index numbers, 1972 = 100
Seasonally adjusted
1981
-1.3
1983
1982
III
IV
-62.2 -147.1 -108.5 -113.2 -158.3
-10.9
-51.3
-29.0
-118.0
-15.9
-92.6
-22.0
-91.2
-34.3
-124.1
-43.9
-164.3
-32.0
-151.4
-31.3
-132.3
Table 3.3.—State and Local Government Receipts and Expenditures
Receipts
III
II
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
less
Surplus or
deficit
( - ) , NIPA's
Social insurance funds
Other
Gross national product
1983
1982
I
IV
418.1
439.1
425.9
436.8
442.8
450.7
461.7
478.5
88.7
47.9
32.3
8.5
97.4
51.8
36.4
9.2
93.7
49.9
34.8
9.0
95.6
50.6
35.8
9.1
99.3
53.0
37.0
9.4
101.2
53.5
38.1
9.5
104.1
55.1
39.3
9.6
108.4
58.1
40.5
9.9
15.3
12.7
12.7
13.1
13.0
11.9
12.9
16.0
193.5
90.4
75.1
28.0
210.0
95.5
85.1
29.3
203.0
92.7
81.2
29.1
208.3
95.0
83.9
29.4
212.0
96.5
86.4
29.1
216.6
98.0
88.8
29.8
222.0
100.4
91.2
30.5
229.7
104.9
93.5
31.3
32.6
87.9
35.1
83.9
34.0
82.5
34.7
85.1
35.4
83.0
36.1
85.0
36.9
85.8
37.5
86.8
382.7
407.8
397.2
404.8
411.4
417.8
421.3
366.5
390.5
380.0
387.5
394.0
400.5
404.0
206.5
160.0
223.0
167.5
216.5
163.6
221.1
166.4
225.0
169.0
229.5
171.0
233.8
170.1
238.1
171.2
43.3
-19.3
23.8
43.0
45.6
-19.8
29.9
49.7
44.4
-18.9
23.1
47.0
45.0
-19.2
29.5
48.7
46.0
-19.9
30.6
50.5
47.1
-21.1
31.5
52.6
48.3
-22.0
32.3
54.3
49.0
-22.5
33.3
55.8
1.9
2.3
2.1
2.2
2.4
2.5
2.6
2.7
-6.0
.4
-6.3
.5
-6.2
.4
-6.3
.4
-6.3
.5
-6.2
.5
-6.3
.5
-6.4
.5
6.4
6.7
6.7
6.7
6.7
6.7
6.8
6.9
0
0
0
0
0
0
0
0
35.3
31.3
28.8
32.0
31.3
32.9
40.4
51.8
30.9
4.4
33.2
-1.9
32.3
-3.5
32.9
-.8
33.5
-2.1
34.2
-1.2
34.9
5.5
35.6
16.2
Gross national product..
201.8
214.7
210.7
213.1
216.2
201.7
172.6
212.7
201.5
213.2
181.2
219.0
218.9
209.4
178.8
217.0
212.9
211.3
180.8
217.0
216.4
214.7
182.3
220.1
220.8
217.4
182.9
221.7
225.3
218.3
183.9
220.0
228.5
221.1
184.7
222.7
231.9
221.1
213.7
236.6
200.6
235.0
231.5
225.7
246.2
214.0
242.4
229.7
222.4
243.7
210.2
243.4
231.5
225.2
246.1
213.2
243.4
232.8
227.2
246.9
215.9
243.3
232.5
228.6
248.2
217.4
240.0
235.6
229.9
248.1
219.4
246.5
235.2
230.1
247.5
220.1
244.9
Net exports of goods and
services
Exports
Imports
238.3
319.4
244.1
309.4
243.7
315.6
244.8
309.1
244.2
306.7
243.9
306.1
245.8
303.2
247.2
298.7
Government purchases of
goods and services
Federal
National defense
Nondefense
State and local
212.2
215.0
220.1
201.7
210.4
226.4
230.6
236.7
215.0
223.6
222.2
227.1
233.2
211.6
218.9
224.6
228.8
234.9
213.0
221.9
227.5
230.8
236.6
215.8
225.3
231.4
235.6
241.9
219.7
228.6
233.7
237.0
242.9
221.7
231.5
235.3
236.4
242.2
221.7
234.5
Addenda:
207.0
Gross domestic purchases 1
Final sales
201.8
Final sales to domestic purchasers 1
207.0
218.9
214.7
215.3
210.7
217.3
213.1
220.2
216.3
222.7
218.8
224.3
220.6
226.3
223.0
218.9
215.4
217.3
220.3
222.8
224.3
226.3
217.3
215.1
217.5
218.2
218.4
219.5
222.3
363.7
361.5
351.6
366.8
374.9
357.0
362.8
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment..
Residential
Change in business inventories ...
Personal consumption
expenditures, food
208.8
Personal consumption expenditures, energy
358.6
Other personal consumption expenditures
185.2
Gross domestic product..
Business
Nonfarm
201.8
203.0
202.8
198.1
193.8
196.5
199.7
202.6
205.1
207.6
214.7
215.2
215.2
210.8
211.4
213.2
213.8
216.3
216.8
218.8
218.8
220.6
220.8
223.0
223.1
Table 7.1-7.2:
1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.
8
SURVEY OF CURRENT BUSINESS
August 1983
Table 8.1.—Percent Change From Preceding Period in Gross National Product in Current and Constant Dollars, Implicit Price Deflator, and
Price Indexes
Percent
Percent
Percent at annual rates
Percent at annual rates
Seasonally adjusted
1981
Gross national product:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
12.2
2.6
9.4
9.4
9.5
Personal consumption expenditures:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
11.3
2.7
8.4
9.0
9.2
Durable goods:
Current dollars
1972 dollars
Implicit price deflators
Chain price index
Fixed-weighted price index..
10.0
2.7
7.1
7.5
7.7
Gross private domestic
investment:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
Fixed investment:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
Nonresidential:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
Structures:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
Producers' durable
equipment:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
Residential:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
Exports:
Current dollars
1972 dollars
Implicit price deflator
Chain price deflator
Fixed-weighted price index
Imports:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
6.6
1.0
5.6
5.2
4.7
4.0
-1.9
6.0
6.5
6.4
in
iv
2.7
-1.0
3.7
5.9
5.9
2.5
-1.3
3.5
-.9
4.5
4.7
5.0
.7
-3.7
4.5
2.9
3.5
15.9
11.3
4.2
3.8
3.7
15.1
15.2
-.1
1.5
1.4
1.1
-1.4
2.5
2.4
1.7
11.2
2.9
8.1
8.4
8.6
10.8
2.9
7.7
7.8
8.1
11.2
4.7
6.1
6.4
6.8
18.2 -12.7
9.1 -14.5
-37.8
-34.1
9.5
3.4
13.1
3.3
9.5
9.9
10.2
Seasonally adjusted
1981
1983
10.1
2.1
7.8
8.1
8.4
8.2
2.6
5.5
3.6
3.4
1982
1983
III
IV
16.1
9.4
6.2
5.8
5.3
15.5
10.6
4.4
7.2
7.0
-1.3
-8.8
8.2
4.7
4.0
2.8
-1.4
4.2
3.7
2.7
13.0
9.2
3.5
4.4
4.4
Government purchases of goods and
services:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
.,
Fixed-weighted price index
10.8
.8
9.9
9.5
9.5
9.0
1.8
7.0
7.2
6.7
15.4
9.7
5.1
5.0
5.2
Federal:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
16.3
3.7
12.1
10.8
11.5
12.9
5.6
6.9
7.3
7.3
-8.7
-14.0
6.2
3.9
2.9
32.1
26.3
4.6
3.8
3.6
29.5 - 8 . 0
28.3 -18.0
12.2
1.0
3.8
7.6
2.3
8.7
-1.1
-2.9
1.8
18.0
13.0
4.4
4.3
2.9
20.8
14.0
5.9
3.8
3.0
16.5
5.1
10.8
8.7
9.2
11.9
9.8
1.9
.3
-1.2
64.6
59.8
3.0
3.7
5.4
64.6
92.5
-14.5
5.0
7.3
36.0 -28.3
52.6 -28.1
35.0
-.3
5.3
1.4
3.8
0
4.6
-.2
4.8
6.1
5.5
10.7
7.6
2.8
2.1
2.1
33.8
32.0
1.4
1.1
1.9
National defense:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index....
17.4
5.2
11.6
11.7
11.9
16.5
7.1
8.8
8.2
7.5
2.1
3.2
-1.1
-1.9
-3.1
11.3
5.8
5.2
5.3
5.1
Nondefense:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index....
14.2
1.0
13.1
8.9
10.4
5.4
2.7
2.7
5.5
6.6
-3.8
3.4
5.5
-49.2
-52.2
6.3
3.2
2.8
6.3
1.4
4.8
5.7
5.9
14.1
6.5
7.1
5.8
6.1
7.5
-1.0
8.6
8.7
8.1
6.6
-.5
7.1
7.1
6.3
6.2
-.5
6.7
6.8
5.9
8.1
1.3
6.7
6.6
5.6
31.5
28.6
56.2
50.9
State and local:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
6.8
-.1
6.9
6.9
5.9
3.5
-1.8
5.4
5.4
5.2
5.5
-.4
5.8
5.8
5.3
Addenda:
- 6 . 5 -38.0
- 5 . 8 -34.6
10.9
2.9
7.8
8.5
8.3
-3.8
-6.9
3.3
5.2
4.7
-11.0
-10.4
-.7
4.7
4.4
- 4 . 2 -11.7
-9.3 -9.6
5.5 - 2 . 3
2.3
4.0
2.3
3.2
3.4
2.7
.6
.5
-.5
9.2
2.8
5.4
19.5
19.2
.2
-1.0
-.7
14.1
5.2
8.4
9.0
9.1
-1.1
-4.7
3.8
5.8
5.6
- 6 . 7 - 9 . 1 -11.3
- 5 . 9 -14.3 - 8 . 8
-.8
6.0 - 2 . 8
3.0
5.0
4.9
3.7
5.0
5.1
-6.0
-6.6
.6
2.0
2.4
-5.7
-1.5
-4.2
.5
2.3
4.6
5.9
-1.2
-.5
.4
20.2
7.5
11.8
9.6
8.0
6.4
1.8
4.6
5.1
4.1
-2.0
-1.7
-.4
3.0
3.1
- 4 . 0 -15.6 -15.4
- 5 . 5 -13.9 -14.9
1.6 - 2 . 0
-.5
1.4
-2.8
2.0
- 1 . 5 -10.9
-2.6 -7.2
1.1 - 4 . 1
1.2
4.2
-5.7
-7.5
2.0
6.2
6.7
-9.6
-7.8
-2.0
6.3
6.2
-14.0 -11.6
-19.3 - 9 . 6
6.5 - 2 . 2
4.2
5.4
5.8
5.2
-7.4
-7.1
-13.0
- 5 . 2 -15.4
6.9
2.9
7.1
3.2
7.1
3.1
-26.5
-28.5
2.7
3.6
3.6
18.2 -13.0
13.0
17.9
-.1
.2
-.1
.2
-.2
10.6
4.2
6.1
8.6
9.8
19.8
16.7
2.6
1.1
1.2
46.9
53.2
-4.1
-5.2
-5.4
75.3
57.3
11.4
11.2
11.4
73.3
76.1
-1.6
-2.5
-2.6
7.0 -18.9 -25.3
7.2 -19.2 -24.4
_ 2
.4 - 1 . 1
-.8
-.2
L9
1.9 - 1 . 0
-.5
8.9
.4
8.4
9.1
9.1
-5.7
-7.8
2.2
2.6
2.4
8.8
7.3
- 3 . 6 -14.6
1.4 - 7 . 2
16.4
- 8 . 0 -11.2
-2.0
1.1 - 5 . 6
-3.1
- . 1 -7.9
6.2
4.9
-12.9
-16.2
4.0
3.9
3.9
2.4
2.6
5.0
-3.0
2.8
3.8
6.8
2.4
4.3
3.6
3.2
-4.9
-8.1
3.5
2.7
2.3
17.7 -29.6 - 7 . 5
4.5 -26.1
12.1
12.6 - 4 . 6 - 1 7 J
-3.0
-2.6
-3.2
-3.8
36.6
24.7
9.5
-2.1
-5.7
NOTE.—The implicit price deflator for GNP is a weighted average of the detailed price indexes
used in the deflation of GNP. In each period, the weights are based on the composition of
constant-dollar output in that period. In other words, the price index for each item (1972 = 100)
is weighted by the ratio of the quantity of the item valued in 1972 prices to the total output in
1972 prices. Changes in the implicit price deflator reflect both changes in prices and changes in
1982
II
7.2
3.1
4.0
3.9
3.5
Nondurable goods:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
Services:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
1982
1982
Gross domestic purchases:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
12.3
3.2
9.0
9.1
6.2
1.5
4.7
4.3
3.7
7.1
1.6
5.5
5.7
5.6
Final sales:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index-
11.1
1.8
9.2
9.4
9.6
5.5
-.7
6.3
6.5
6.4
3.9
-1.3
5.3
5.6
5.3
4.6
-.8
5.5
5.1
4.8
1.9
-1.5
3.4
5.9
6.0
Final sales to domestic purchasers:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
11.1
2.3
8.6
9.0
9.1
5.9
.2
5.6
6.0
5.8
3.9
-.1
4.0
5.3
4.9
4.2
-.4
4.5
4.3
3.7
6.2
1.0
5.2
5.7
5.6
Gross domestic product:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
12.3
2.7
9.4
9.4
9.
Business:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
Nonfarm:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index..
Disposable personal
income:
Current dollars
1972 dollars
12.6
3.0
9.3
93
3.4
-2.0
5.6
6.1
6.0
-1.9
-5.
3.6
5.2
4.9
12.'
3.0
9.5
3.6
-2.2
5.9
6.
-1.7
-5.4
3.9
6.3
1.4
-3,
6.2
.7
5.4
4.9
4.5
17.2
12.1
4.5
3.9
3.6
5.8
.6
5.2
3.6
3.4
9.1
5.9
3.0
4.4
4.4
8.8
4.8
3.8
4.9
4.6
4.3
1.2
3.0
2.9
2.'
13.2
8.7
4.1
3.9
3.6
3.7
5.9
6.0
2.6
-1.2
3.8
5.0
4
8.6
2.9
5.5
3.6
3.4
13.4
9.6
3.5
4.4
4.4
2.5
-.5
3.1
5.
5.8
1.4
-1.4
2.8
4.
3.8
3.3
5.4
3.8
3.6
14.7
11.1
3.2
4.3
4.3
2.6
3.8
10.3
4.8
5.2
15.7
11.9
3.5
9.6
12.0
3.2
3.3
the composition of output. The chain price index uses as weights the composition of output in
the prior period, and therefore reflects only the change in prices between the two periods.
However, comparisons of percent changes in the chain index also reflect changes in the
composition of output. The fixed-weighted price index uses as weights the composition of output
in 1972. Accordingly, comparisons over any time span reflect only changes in prices.
SURVEY OF CURRENT BUSINESS
August 1983
Reconciliation and Other Special Tables
Table 1.—Reconciliation of Changes in Compensation Per Hour in the Table 2.—Reconciliation of Changes in the Implicit Price Deflator for
Business Economy Other Than Farm and Housing and Average
Personal Consumption Expenditures and the Consumer Price Index
Hourly Earnings in the Private Nonfarm Economy, Seasonally Adfor All Urban Consumers, Seasonally Adjusted
justed
1983
1983
1982
IIIr
1. Compensation per hour of all persons in the business
economy other
than farm and housing (percent change at
annual rate)1
2. Less: Contribution of supplements
3. Plus: Contribution of housing and nonprofit institutions
4. Less: Contribution of employees of government enterprises and
self-employed and unpaid family workers
5. Equals: Wages and salaries per hour of employees in the
private nonfarm economy (percent change at annual rate)
6. Less: Contribution of nonproduction workers in manufacturing..
7. Less: Contribution of non-BLS data, detailed weighting, and
seasonal adjustment
8. Equals: Average hourly earnings, production and nonsupervisory workers in the private nonfarm economy (percent
change at annual rate)
IV r
II"
IIP
7.2
0
0
5.4
.4
.1
7.1
1.1
-.3
4.4
.3
6.8
-.3
4.8
-.2
5.5
-.3
3.7
-.5
2.7
1.4
-.2
.4
4.4
3.5
5.9
3.7
1. Implicit price deflator for personal consumption expenditures (percent
change at annual rate)
2. Less: Contribution of shifting weights in PCE
New autos
Gasoline and oil
Electricity, gas, fuel oil, and coal
Furniture and household equipment
Food purchased for off-premise consumption
Purchased meals and beverages
Clothing and shoes
Housing
Other
3. Equals: PCE chain price index (percent change at annual rate)
4. Less: Contribution of differences in weights of comparable CPI and PCE
expenditure components
Gasoline and oil
Electricity, gas, fuel oil, and coal
Furniture, appliances, floor coverings, other household furnishings
Food at home
Food away from home
Apparel commodities
Rent
Other
5. Less: Contributions of PCE expenditure components not comparable with
CPI components
New Auto
Net purchases of used autos
Owner-occupied nonfarm and farm dwellings—space rent
Services furnished without payment by financial imtermediaries except
life insurance carriers
Current expenditures by nonprofit institutions
Other
6. Plus: Contribution of CPI expenditure components not comparable with
PCE components
New autos
Used autos
Homeownership
Other
7. Less: Contribution of differences in seasonal adjustment l
8. Equals: Consumer Price Index For2 All Urban Consumers (CPI-U), all
items (percent change at annual rate) .
Addendum: Consumer Price Index For 3All Urban Consumers (CPI-U-X1), all
items (percent change at annual rate)
r
Revised.
p
Preliminary.
1. BLS estimates of changes in hourly compensation in the nonfarm business sector for the
four quarters are 7.2, 5.8, 6.8 and 4.3 percent.
Table 2:
r
Revised.
p
Preliminary.
1. These differences arise because component price indexes that are used in the BEA measures
and in the CPI are seasonally adjusted at different levels of detail.
2. Old series. A reconciliation of changes in BEA price indexes and the new CPI-U which
incorporates homeowner's equivalent rent is not yet complete.
3. The CPI-U-X1 is the BLS experimental index in which a rental equivalence method is used
in measuring the cost of owner-occupied housing. The PCE measures of price change also use a
rental equivalence method.
2.2
_ ^
-A
.6
-1.0
.3
0
.4
-.1
.1
0
2.3
1.4
1.0
.1
0
0
-.1
0
-.2
.5
5.1
.1
1.4
-.5
2.3
.1
-1.0
-.5
.5
-1.1
-1.2
5.0
1.0
.1
0
.6
.2
-.1
.1
.1
.1
.2
.1
0
0
.2
-.4
0
0
.3
0
.1
-.1
.4
-.6
.2
.2
-1.3
.4
.1
-.2
-.2
.1
-.1
-.1
.2
-.7
4.2
1.3
3.3
Table 3.—High-Employment Federal Receipts and Expenditures
[Billions of dollars; quarters at seasonally adjusted annual rates]
Receipts
Expenditures
Change from preceding period
Year and quarter
Percentage
of potential
GNP
Total
392.3
440.6
504.9
576.8
671.3
704.0
19.8
20.1
20.5
20.9
21.6
20.7
35.2
48.3
64.3
71.9
94.5
32.7
25.7
37.9
48.1
57.2
63.5
37.0
9.6
10.4
16.2
14.6
31.0
-4.3
II
Ill...
IV...
385.3
387.8
390.7
405.3
20.2
19.8
19.5
19.8
15.3
2.5
2.9
14.6
6.3
8.1
6.7
7.4
1978: I
II
III...
IV...
413.3
431.7
449.8
467.3
19.8
20.0
20.2
20.4
8.0
18.4
18.1
17.5
1979: I
II
Ill...
IV..
484.9
499.7
510.5
524.5
20.5
20.6
20.5
20.5
1980: I
II
III..
IV..
542.7
561.8
587.0
615.6
1981:1
II
III..
IV..
1982:1
Level
24.5
27.0
29.9
57.5
44.7
36.9
-20.4
-15.9
-2.0
-17.1
-3.2
-32.6
-1.0
-.7
-.1
-.6
-.1
-1.0
1.7
2.9
6.5
4.5
.4
8.9
11.6
6.9
-6.6
-16.0
-31.2
-27.9
-1.6
-1.4
6.0
7.3
14.7
17.4
1.0
4.0
8.1
5.5
5.0
3.4
6.6
11.9
-26.0
-14.9
-11.5
-11.4
20.5
20.2
20.7
21.0
5.7
6.8
24.3
21.0
2.8
1.1
12.5
5.6
2.9
5.7
11.8
15.4
560.2
580.3
606.0
629.2
21.3
21.3
21.6
21.7
23.7
20.1
25.7
23.2
3.5
4.0
18.5
12.2
19.4
3.6
0
-11.3
648.1
654.3
686.9
708.7
21.7
21.4
21.8
21.9
18.9
6.2
32.6
21.8
5.0
8.2
4.4
5.2
4.0
.3
-3.1
2.3
707.9
710.4
743.1
784.8
21.5
21.1
21.7
22.5
10.6
6.0
5.9
14.1
773.8
781.3
Total
412.7
456.5
506.9
593.9
674.5
736.6
20.9
20.8
20.6
21.5
21.7
21.7
39.1
43.8
50.4
87.0
80.6
62.1
14.5
16.8
20.4
29.5
35.9
25.2
9.0
-5.6
-3.8
7.3
391.9
403.8
421.9
433.3
20.6
20.7
21.1
21.2
2.1
11.9
18.1
11.4
5.6
15.7
12.6
13.5
2.4
2.7
5.5
4.0
446.6
461.3
478.7
21.0
20.6
20.7
20.9
17.6
14.8
10.8
14.0
11.1
11.5
11.2
9.8
6.4
3.4
-.4
4.2
484.4
491.2
515.5
536.5
20.6
20.6
21.0
21.2
18.2
19.1
25.2
28.6
14.9
18.8
14.7
20.0
3.3
.3
10.6
8.6
653.9
664.6
680.5
686.1
21.9
21.7
21.6
21.2
38.3
10.7
15.9
5.6
18.9
7.1
15.9
16.9
II....
III..
IV..
695.1
703.6
704.8
712.3
21.1
20.9
20.6
20.4
9.0
8.5
1.2
7.5
II....
728.8
749.0
20.5
20.7
16.5
20.2
1977
1978
1979
1980
1981
1982
1983:1
Change from preceding period
Percentage
of potential
GNP
Percentage
of potential
GNP
Level
1977:I
Due to
discretionary policy
and other
factors
Surplus or deficit ( - )
Change from preceding period
Due to
automatic
inflation
effects
Level
Due to
automatic
inflation
effects
Due to
discretionary policy
and other
factors
Total
Due to
automatic
inflation
effects
Due to
discretionary policy
and other
factors
-3.8
4.5
13.9
-15.1
13.9
-29.4
11.0
21.1
27.7
27.7
27.6
11.9
-14.9
-16.6
-13.7
-42.9
-13.6
-41.2
13.1
-9.4
-15.2
4.5
5.1
.1
2.9
8.6
-14.5
-15.4
.4
-1.2
-.7
-.5
-.5
1.9
11.1
3.4
.1
4.6
11.7
4.5
8.0
-2.6
-.6
-1.1
-7.9
.4
8.6
-5.0
-11.9
0
.4
-.2
-.5
11.8
8.2
-13.6
-6.9
8.3
10.4
-1.3
4.3
3.6
-2.3
-12.2
-11.2
20.3
16.0
7.2
11.0
-17.5
-18.5
-19.0
-13.6
-.7
-.7
-.7
-.5
-5.6
-1.0
-.5
5.4
11.5
14.7
-3.9
7.8
-17.0
-15.8
3.4
-2.4
4.3
-.1
20.1
8.5
14.7
6.3
12.4
13.2
5.8
10.3
-6.3
-22.6
.2
.3
-.2
-.7
19.4
4.5
-16.6
-16.3
14.6
7.2
-4.2
8.3
4.7
-2.7
-12.4
-24.6
2.5
32.7
41.7
-1.0
4.2
11.4
3.8
.3
-1.6
21.4
37.8
-12.8
-6.9
-38.3
-72.4
9.8
-.4
5.9
—2
-31.4
-LI
- 2 . 1 -34.1
6.0
4.0
-6.9
1.4
3.8
1.9
-24.5
-35.6
21.8 -11.0
21.6
7.5
3.9
.7
-14.8
6.8
-45.0
-32.3
-1.3
-.9
27.4
12.7
6.7
5.3
20.7
7.3
NOTE.—These estimates differ from those published previously due to last month's revisions in the NIPA's and to revisions, beginning in 1977, in several other series used in the calculation of
the high-employment estimates. The estimates remain based on the potential GNP series discussed by the Council of Economic Advisers in the 1981 Economic Report of the President.
413-743
0 - 8 3 - 2 QL 3
10
SURVEY OF CURRENT BUSINESS
August 1983
Table 4.—National Defense Purchases of Goods and Services
Seasonally adjusted at annual rates
Billions of 1972 dollars
Billions of dollars
II
III
IV
1983
1982
1983
1982
I
II
II
I
IV
III
II
175.2
183.6
190.8
194.4
199.9
77.8
80.4
81.4
82.7
84.7
Durables
Aircraft
Missiles
Ships
Vehicles
Other durables
49 0
15.6
60
6.5
2.7
18 3
52 2
18 6
57
61
3.2
18 7
53 6
18.0
61
5.7
3.8
20 0
55 3
18.0
78
5.8
3.7
20 0
59 9
19.6
7 1
7.5
4.5
21.2
21.7
6.3
2.6
2.7
1.0
9.1
22.5
7.1
24
2.5
1.1
9.3
22.8
6.8
2.4
2.3
1.3
9.9
23.5
6.5
3.6
2.3
1.3
9.9
25.3
7.3
3.1
3.0
1.6
10.4
Nondurables
Bulk petroleum .
Other nondurables
12 9
8.8
4.1
13 5
9.5
4.0
15 0
10.6
4.5
14 8
10.1
4.7
14 3
9.5
4.7
2.7
.9
1.8
2.8
1.1
1.7
3.0
1.2
1.8
3.1
1.2
2.0
3.1
1.2
1.9
109.8
67 8
42.0
26
3.1
1.1
35.3
113.7
681
45.6
29
3.3
1.1
38 3
118.1
70.6
47.5
27
3.3
1.0
40.4
120.3
71.5
48.8
24
3.1
1.0
42.2
121.3
71.7
49.6
2.5
3.3
1.1
42.6
51.9
33.9
18.0
1.1
1.2
.6
15.1
53.3
34.0
19.3
1.2
1.4
.6
16.1
53.8
34.1
19.7
1.1
1.4
.6
16.6
54.3
34.2
20.1
1.0
1.3
.6
17.2
54.3
34.3
20.0
1.0
1.4
.6
17.0
3.5
4.2
4.1
3.9
4.4
1.6
1.9
1.8
1.7
2.0
107.4
"98.6
115.6
106.1
120.2
109.6
122.9
112.8
128.2
118.7
43.9
43.0
46.5
45.4
47.3
46.2
48.5
47.3
50.4
49.2
National defense purchases
Services
Compensation
Services less compensation
Travel
Transportation
Communications
Other services
. ...
Structures
Addenda:
Total purchases less compensation
Total purchases less compensation and bulk petroleum
Percent change from preceding period at annual rates
Fixed-weighted price index
Implicit price deflator
III
II
I
IV
1983
1982
1983
1982
II
II
I
IV
III
II
4.4
5.9
10.8
1.2
1.9
3.1
4.0
10.0
2.4
1.5
14 3
13 7
65 7
15
40 2
3.3
11 6
26 9
44
36
61
.3
46
.9
36 7
41
8
4.3
—5
25.9
45 7
17
113
.1
33
-13.5
23 7
3.4
14
4.6
7.7
15.9
11.7
1.3
1.0
3.1
9.5
20.8
7.8
.8
9.7
3.4
8.2
16.9
13.4
6.7
-4.4
1.4
4.4
7.6
-6.1
5.4
1.0
4.1
3.6
3.1
14.4
.7
3.0
2.7
10 9
-15 3
5.0
16 8
-120
11.0
90
6.6
9.8
-219
-21.0
-5.5
-12.9
-25.5
7.4
-3.6
-6.7
5.0
-2.5
-5.2
4.6
1.0
.4
2.7
-16.0
23.9
6.1
-14.6
21.2
2.2
Services
Compensation
Services less compensation
Travel
Transportation
Communications
Other services
33
8
7.1
34
37
34
8.0
32
8
4.4
2
14
48
4.8
121
13 9
8.8
14
22
-9.9
10.5
41
3.6
4.4
33
.6
7.5
7.6
42
-5.9
8.6
2.4
.8
5.6
1.3
3.1
1.4
6.5
2.7
.7
6.7
2.0
1.8
-.9
8.4
11.8
14.0
7.7
2.8
-3.6
2.9
9.8
3.7
3.5
4.1
-4.5
1.3
2.9
5.2
2.2
.6
5.7
4.3
8.6
.5
5.7
Structures
17
66
1 l
43
41
-1.1
7.4
5.4
7.9
10.4
56
9.8
74
7.7
8.5
6.5
-.8
1.6
1.6
4.9
4.9
6.2
6.6
8.0
6.9
7.6
1.6
4.5
2.3
4.8
National defense purchases
Durables
Aircraft
Missiles
Ships
Vehicles
Other durables
Nondurables
Bulk petroleum
Other nondurables
Addenda:
Total purchases less compensation
Total purchases less compensation and bulk petroleum
-64
25
25.8
5.0
Table 5.—Gross and Net Stocks of Air and Water Pollution Abatement Plant and Equipment in Nonfarm Business, by Major Industry Group,
Current-Cost and Constant-Cost Valuation, 1980-82
This table updates Tables 1 and 2 of "Stock of Plant and Equipment for 1982 incorporate plant and equipment expenditure estimates pubfor Air and Water Pollution Abatement in the United States, 1960-81" lished in the June 1983 SURVEY. Revisions for 1980 and 1981 incorporate
from the November 1982 SURVEY OF CURRENT BUSINESS. Stock estimates new information on price change.
Manufacturing
All
nonfarm
industries
Durables
Manufacturing
Total
Gross stocks
Billions of current dollars:
1980
1981
1982
Nondurables
Nonmanufacturing
Blast
furnaces
Motor
vehicles
Durables
not shown
separately
Total
Chemicals
Petroleum
Paper
Food
including
beverages
Nondurables not
shown
separately
110.37
127.20
140.64
73.80
84.87
92.79
36.57
42.33
47.85
30.89
35.52
38.93
7.22
8.33
9.13
3.54
4.16
4.63
20.12
23.03
25.18
42.91
49.36
53.86
11.88
13.45
14.42
17.87
20.99
23.22
6.47
7.23
7.71
4.35
5.01
5.60
2.34
2.68
2.92
Billions of 1972 dollars:
1980
1981
1982
53.56
56.60
59.03
36.14
37.79
38.84
17.41
18.81
20.18
15.05
15.68
16.12
3.53
3.69
3.79
1.73
1.85
1.93
9.79
10.15
10.40
21.09
22.11
22.72
5.86
6.06
6.13
8.76
9.37
9.75
3.18
3.24
3.25
2.14
2.25
2.37
1.15
1.19
1.22
Net stocks
Billions of current dollars:
1980
1981
1982
76.24
85.35
91.71
48.35
53.78
56.73
27.89
31.57
34.97
20.25
22.42
23.60
4.83
5.36
5.63
2.23
2.61
2.88
13.19
14.45
15.09
28.09
31.36
33.13
7.59
8.33
8.65
11.74
13.49
14.49
4.13
4.41
4.49
3.03
3.37
3.68
1.60
1.76
1.82
Billions of 1972 dollars:
1980
1981
1982
37.00
38.06
38.63
23.72
24.03
23.87
13.28
14.04
14.76
9.88
9.93
9.82
2.36
2.38
2.35
1.09
1.16
1.20
6.43
6.39
6.27
13.84
14.10
14.05
3.75
3.77
3.69
5.77
6.04
6.11
2.04
1.99
1.91
1.50
1.52
1.56
.79
.78
.77
By JOSEPH C. WAKEFIELD
Federal Budget Developments
IN
late July, the Office of Manage- offset by a $3.1 billion downward revi- lion). The major downward revision
ment and Budget released, as part of sion from reestimates and policy ($0.8 billion) results from higher
its mid-session review, revised esti- changes. Outlays are $1.2 billion Outer Continental Shelf receipts,
mates of Federal unified budget re- higher, largely due to reestimates; a which are an offset to unified budget
ceipts and outlays for fiscal years $5.6 billion upward revision is partly outlays; all other downward revisions
1983 and 1984. The new estimates re- offset by a $4.4 billion downward revi- are relatively small and spread over a
flect revised economic assumptions, sion. Major upward revisions are for variety of programs.
reestimates of agency spending and social security ($1.1 billion), Federal
For fiscal year 1984, a deficit of
tax collections based on more recent Deposit Insurance Corporation ($0.9 $179.7 billion is estimated, compared
experience, legislation enacted by billion), net interest ($0.9 billion), ag- with $190.2 billion in April. Receipts
Congress, and policy changes by the ricultural price support and related are $14.7 billion higher; a $16 billion
administration since the April budget programs ($0.6 billion), and agricul- upward revision due to new economic
ture credit insurance fund ($0.5 bil- assumptions and policy changes is
update.
On the basis of the revised economic assumptions, real GNP is expected
to increase more in calendar 1983
Table 1.—Economic Assumptions Underlying the Mid-Session Review of the Fiscal Year 1984
than expected earlier this year (table
Budget
1). From the fourth quarter of 1982 to
Calendar year
the fourth quarter of 1983, real GNP
Revision from Apr.
Actual
Estimates
is estimated to increase 5.5 percent,
almost 1 percentage point more than
1984
1983
1984
1983
1981
1982
forecast in April. Real GNP is expectBillions of dollars
ed to continue to increase at a strong
pace in the second half of 1983—6.4 GNP:
44
Current dollars....
3,299
3,636
2,938
3,059
1972 dollars
1,522
1,602
1,503
17
percent—but to decelerate sharply to
1,477
4.5 percent in the first quarter of Incomes:
13
Personal income
2,968
2,416
2,570
2,739
1984. From the fourth quarter of 1983
7
Wages and salaries
1,654
1,793
1,494
1,561
48
Corporate profits before taxes ..
201
267
232
175
to the fourth quarter of 1984, real
Percent change from preceding year
GNP is estimated to increase 4.5 percent, one-half of 1 percentage point GNP in current dollars:
average
10.2
7.8
4.1
11.6
more than forecast earlier. (These as- Annual
Fourth quarter
9.7
10.4
9.6
3.5
sumptions do not incorporate the July GNP in 1972 dollars:
5.2
Annual average
revisions of the national income and
3.1
1.9
-1.7
5.5
4.5
Fourth quarter
-.9
.7
product accounts.) Consumer prices
GNP deflator:
rise somewhat more in 1983, 3.1 per- Annual average..
4.6
4.8
9.4
5.9
Fourth quarter...
5.0
4.4
4.6
8.9
cent, compared with 2.5 percent; in
Consumer price index:
1984 they rise 4.4 percent, the same
Annual average
4.4
6.0
3.1
10.3
Fourth quarter
4.4
3.1
9.4
4.5
as forecast in April. Interest rates on
91-day Treasury bills are assumed to
Percent
be higher than estimated in April— Unemployment rate:
-.2
-.1
Annual average
7.5
9.5
9.9
8.9
about one-half of 1 percentage point
-.1
Fourth quarter
-.2
8.6
8.1
10.5
9.6
in both years—and the unemploy- Insured unemployment rate: '
ment rate is revised down slightly.
-.3
Annual average
-.2
3.5
4.7
4.2
Fourth quarter
-.3
3.7
3.7
-.3
5.2
4.0
For fiscal year 1983, a $209.8 billion
Interest rate, 91-day Treasury bills
.6
14.1
10.7
8.5
8.6
deficit is estimated, compared with
$210.2 billion in April (table 2). Re1. Insured unemployment under the State regular unemployment insurance program, excluding recipients of extended
as percentage of covered employment under that program.
ceipts are $1.6 billion higher; a $4.7 benefits,
2. Average rate on new issues within the year. The estimates assume, by convention, that interest rates vary with the rate of
inflation.
They do not represent a forecast of interest rates.
billion upward revision due to the
Source: "Mid-Session Review of the 1984 Budget." The assumptions do not incorporate the July revisions of the national
new economic assumptions is partly income and product accounts.
2
11
August 1983
12
SURVEY OF CURRENT BUSINESS
slightly offset by a $1.2 billion downward revision from reestimates. Outlays are $4.2 billion higher; an $11.2
billion upward revision, largely from
reestimates, is partly offset by a $7.1
billion downward revision, largely due
to the new economic assumptions.
Major upward revisions are for agricultural price support and related
programs ($4.1 billion), net interest
($1.8 billion), and social security ($1.0
billion). Major downward revisions
are for national defense ($3.0 billion)
and unemployment compensation
($2.8 billion).
Revised NIPA estimates.—BEA has
prepared estimates of the Federal
sector on the national income and
product accounting (NIPA) basis consistent with the revised unified
budget estimates (table 2, and table 3
for quarterly pattern). On this basis,
fiscal year 1983 receipts are $0.6 billion higher, expenditures are $1.7 billion lower, and the deficit is $2.3 billion lower than estimated in April.
(Details of the April estimates are discussed in the April SURVEY OF CUR-
petroleum reserve ($0.7 billion). The
lower purchases by the CCC are due
to lower regular purchases and higher
PIK transactions, which lower purchases in the NIPA's. Partly offsetting these decreases are upward revi-
RENT BUSINESS.)
The upward revision in receipts is
more than accounted for by corporate
profits tax accruals ($2.5 billion), and
reflects higher profits in the new economic assumptions. All other categories of receipts are revised down. The
largest downward revision is in personal tax and nontax receipts ($1.0
billion) and is due to higher income
tax refunds.
The downward revision in expenditures is more than accounted for by
subsidies less current surplus of government enterprises ($1.2 billion) and
by nondefense purchases of goods and
services, transfer payments to persons, and grants-in-aid to State and
local governments (each $0.6 billion).
In subsidies less current surplus, the
downward revision is due to lower agricultural subsidies; regular subsidies
were revised down—to $4.5 billion
from $6.0 billion estimated earlier—
and payments in kind were revised
up—to $3.1 billion from $2.6 billion.
(See the February SURVEY for a discussion of the treatment of the payments-in-kind (PIK) program in the
NIPA's.) The revision in nondefense
purchases is the net result of lower
Commodity Credit Corporation (CCC)
purchases ($1.2 billion) and higher
crude oil purchases for the strategic
sions in net interest paid ($0.8 billion),
due to higher interest rates, and in
transfer payments to persons ($0.4 billion). In the latter, higher social security benefits are partly offset by lower
unemployment benefits.
Table 2.—Federal Government Receipts and Expenditures
[Billions of dollars]
Fiscal year
Estimates
1984
Actual
1982
Revision
from
Apr.
Jan.
Apr.
July
617.8
728.4
-110.6
597.5
805.2
-207.7
805.5
-210.2
599.9
809.8
-209.8
627.8
628.5
631.2
631.8
310.4
51.3
293.0
50.5
298.8
49.3
297.8
51.8
-1.0
2.5
50.3
215.7
55.2
229.8
52.2
230.9
51.7
230.5
Revision
from
Apr.
Jan.
Apr.
July
659.7
848.5
-188.8
653.7
843.9
-190.2
668.4
848.1
-179.7
14.7
4.2
10.6
686.2
682.3
701.3
19.0
304.2
59.4
304.8
62.8
308.8
75.9
4.0
13.1
-.5
-.4
59.3
263.3
54.6
260.1
55.1
261.5
Unified budget
Receipts
Outlays
Surplus or deficit ( - ) . .
National income and product
accounts
Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax
accruals
Contributions for social insurance
740.0
.5
1.4
829.1
827.4
-1.7
877.3
Purchases of goods and services
National defense
Nondefense
251.0
173.3
77.7
279.0
199.4
79.6
280.6
199.3
81.3
280.0
199.3
80.7
-.6
0
-.6
302.5
229.0
73.5
297.0
229.2
67.8
299.6
226.9
72.7
Transfer payments..
To persons
To foreigners
310.2
304.1
6.1
348.6
342.2
6.4
345.0
338.5
6.5
344.8
338.9
5.9
-.2
.4
-.6
357.4
350.9
6.5
351.3
344.8
6.5
349.8
343.6
6.2
Grants-in-aid to State and local
governments
Net interest paid
83.4
82.2
86.9
92.4
87.7
91.8
87.1
92.6
-.6
.8
90.1
106.6
90.9
105.8
91.5
108.7
2.9
Subsidies less current surplus of
government enterprises
13.2
22.1
23.6
22.4
-1.2
20.7
24.6
23.2
-1.4
-.4
-.5
-.1
0
0
-197.9
-195.6
Expenditures
Less: Wage accruals less disbursements
0
-112.2
Surplus or deficit ( - ) .
0
-200.5
2.3
-191.1
872.8
-187.3
0
-171.5
3.2
2.6
-2.3
4.9
-1.5
-1.2
0
15.8
Sources: "Mid-Session Review of the 1984 Budget" and Bureau of Economic Analysis.
Table 3.—Federal Government Receipts and Expenditures, NIPA Basis
[Billions of dollars, seasonally adjusted at annual rates]
Calendar year
Estimates
Actual
1982
Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance
1983
IV
I
1984
1983
II
III
IV
I
II
III
612.6
623.3
652.0
652.9
679.6
692.7
710.3
731.9
303.0
42.1
48.3
219.3
297.7
48.6
48.6
228.5
304.3
59.0
56.2
232.6
298.3
58.6
54.7
241.3
314.1
65.1
54.6
245.8
305.0
71.9
54.9
260.9
309.2
79.6
55.4
266.1
317.7
87.3
55.6
271.3
820.9
806.6
815.7
866.4
858.3
866.5
872.8
893.8
Purchases of goods and services
National defense
Nondefense
279.2
190.8
88.5
273.5
194.4
79.1
272.7
199.9
72.8
294.4
212.1
82.3
288.7
219.0
69.7
298.2
224.1
74.1
301.0
229.2
71.8
310.5
235.3
75.2
Transfer payments
To persons
344.8
337.2
7.6
340.3
335.3
5.0
345.7
340.9
4.8
348.8
342.8
6.0
343.2
337.1
6.1
349.8
343.6
6.2
352.2
346.0
6.2
353.6
347.3
6.3
85.0
89.1
85.8
88.4
86.8
91.6
90.8
101.3
88.8
104.2
90.9
107.2
93.0
110.2
93.9
113.2
22.8
18.6
17.6
30.7
33.4
20.4
16.4
22.6
0
0
-1.3
-.5
0
0
0
-163.7
-213.5
Expenditures
Grants-in-aid to State and local governments
Net interest paid
Subsidies less current surplus of government
enterprises
Less: Wage accruals less disbursements
Surplus or deficit ( - )
208.2
-183.3
-178.7
-173.8
-162.5
0
-161.9
August 1983
For fiscal year 1984, receipts are Table 4.—Relation of Federal Government Receipts in the National Income and Product
$19.0 billion higher, expenditures are
Accounts to the Unified Budget
$3.2 billion higher, and the deficit is
[Billions of dollars]
$15.8 billion lower. All categories of
receipts are revised up—dominated by
Fiscal year
a $13.1 billion revision in corporate
1982
1983 1984
taxes, reflecting higher profits. Per617.8 599.9 668.4
sonal taxes (up $4.0 billion) and con- Unified budget receipts
1.4
1.6
1.6
Less: Coverage differences
tributions for social insurance (up
0
0
0
Financial transactions
$1.4 billion) reflect higher incomes; inPlus: Netting differences:
direct business tax and nontax accruContributions to government
12.2
14.0
10.9
employees retirement funds.
als (up $0.5 billion) reflect higher
13.4
9.4
10.8
Other
Timing differences:
windfall profit taxes.
Corporate income tax
-1.1.9
3.1 -1.1
Federal and State unemployThe upward revision in expendi.9
LI
ment insurance taxes
.9
tures is more than accounted for by
Withheld personal income
tax and social security connondefense purchases ($4.9 billion),
5.1
6.4
3.0
tributions
1.2
-.7
Excise taxes
net interest paid ($2.9 billion), and
0
.2
Other
grants-in-aid ($0.6 billion). The revi-.3
Miscellaneous
sion in nondefense purchases is large- Equals: Federal Government receipts,
ly due to higher agricultural purNIPA
627.8 631.8 701.3
chases by the CCC, including lower
PIK transactions, $7.5 billion compared with $8.7 billion estimated earlier. Partly offsetting these increases
are downward revisions in national
defense purchases ($2.3 billion), subsi- Table 5.—Relation of Federal Government Expenditures in the National Income and Proddies less current surplus ($1.4 billion),
uct Accounts to the Unified Budget
and transfer payments to persons
[Billions of dollars]
($1.2 billion). The revision in defense
purchases is due to congressional
Fiscal year
action on the MX missile program; in
1982 1983 1984
subsidies less current surplus, to
lower agricultural subsidies; and, in Unified budget outlays
728.4 809.8 848.1
transfer payments, to lower unemLess: Coverage differences:
Geographic
4.9
4.8
4.9
ployment benefits.
Off-budget Federal entities:
Federal Financing Bank
-14.1 -13.9 -11.3
-3.7 -1.7 -1.5
Strategic petroleum reserve
Table 4 shows the relation between
- . 7 -1.2
Other
.5
unified budget and NIPA receipts and
Other
.1
.6
Financial transactions:
table 5 shows the relation between
Net lending
19.3
22.4
17.1
Other
unified budget outlays and NIPA exNet purchases of land:
penditures.
Outer Continental Shelf
-2.4
-7.8 -6.5
Other
-.1
High-employment surplus or defiPlus: Netting differences:
cit—As measured on a high-employContributions to government
ment basis, the Federal sector of the
employees retirement funds...
10.9
12.2
14.0
Other
9.4
10.8
13.4
NIPA's was in deficit in calendar year
Timing
differences:
1982; the deficit will widen in 1983 by
National defense purchases
- . 8 -1.6 -1.7
-2.8
-.3
Other
-.3
$21% billion (table 6). By quarter, the
Miscellaneous
deficit increases significantly in the
Federal Government expendithird quarter of 1983 when the final Equals:
tures, NIPA
827.4 872.8
withholding rate cut under the Eco-
13
SURVEY OF CURRENT BUSINESS
Table 6.—High-Employment Surplus or Deficit
( - ) , NIPA Basis
[Billions of dollars]
Level 1 Change
Addendum:
Highemployment
surplus or
deficit ( - ) with
a 6-percent
unemployment
rate
Level
Calendar yean
1981
1982
1983
Change
-3.2
-32.6
53.7
13.9
-29.4
21.1
-24.1
-57.2
81.5
10.4
-33.1
24.3
Quarters:
1981:
I
II
HI
IV
5.8
10.3
-6.3
22.6
19.4
4.5
-16.6
16.3
-13.7
-10.4
-27.7
44.6
18.4
3.3
-17.3
16.9
1982:
I
II
HI
IV
-12.8
-6.9
-38.3
-72.4
9.8
5.9
-31.4
-34.1
-36.3
-31.0
63.3
-98.2
8.3
5.3
32.3
-34.9
-45.0
-32.3
-83.7
-53.9
27.4 -71.2
12.7 -59.9
-51.4 -111.8
29.8
83.2
27.0
11.3
-51.9
28.6
1983:
I
II
III
IV
1984:
I
II
HI
. . .
-55.2
-48.9
-52.1
-1.3
6.3
-3.2
84.9
-79.6
-83.9
1.7
5.3
-4.3
1. Based on a high-employment unemployment rate of 5.1
percent for 1981:1-1981:4, 5.0 percent for 1982:1-1983:1, and 4.9
percent for 1983:2-1984:3.
nomic Recovery Tax Act of 1981 becomes effective; thereafter it declines
and averages $52 % billion through
fiscal year 1984.
The high-employment deficit referred to is based on a high-employment unemployment rate that is 5.1
percent in 1981, declines to 4.9 percent by mid-1983, and remains flat
thereafter. Table 6 also shows what
the high-employment surplus or deficit would be assuming a high-employment unemployment rate of 6 percent
throughout the 1981-84 period. On
this bais, the high-employment defict
is about $20 billion to $30 billion
higher, but follows the same quarterly pattern.
By OBIE G. WHICHARD
U.S. Direct Investment Abroad in 1982
IN
1982, the U.S. direct investment
position abroad declined $5.0 billion,
or 2 percent, to $221.3 billion at yearend. The single most important
reason for the decline was record borrowing by U.S. parents from their
Netherlands Antillean finance affiliates. In the absence of such borrowing, the position would have increased, although not as rapidly as in
most previous years.
The decline in the position consisted of capital inflows of $3.0 billion
and negative valuation adjustments of
$2.0 billion. Capital inflows, in turn,
consisted of equity and intercompany
account inflows of $8.3 billion, partly
offset by reinvested earnings of incorporated foreign affiliates of $5.3 billion.
The decline in the position in 1982
followed unusually slow growth—only
5 percent—in 1981; the decline was
the first since just after World War
II, when the position was adjusted
downward to reflect the wartime destruction of U.S. investments abroad.
The changes in the position in both
1981 and 1982 were attributable to
similar factors. Borrowing from Netherlands Antillean finance affiliates
was large in both years. Also, because
of sluggish economic conditions worldwide, corporate illiquidity, and high
U.S. interest rates, U.S. companies
NOTE.—The quarterly survey from which the
annual estimates in this article were derived
was conducted under the supervision of Patricia C. Walker, Chief, Direct Investment Abroad
Branch. Patricia E. DiVenuti, Ralph Kozlow,
and Edward L. Simons prepared the estimates.
Saletha D. Corbin, Olivia A. Miller, and Russell
O. Tutt assisted in tabulating the data. Smith
W. Allnutt, Chief, Data Retrieval and Analysis
Branch, assisted by Donald R. Mauery, designed the computer programs for data retrieval, analysis, and tabular presentation.
14
affiliates, which are the sum of
owners' equity held by, and liabilities
owed to, both U.S. parents and all
other persons.
By industry, 25 percent of the position was in petroleum, 41 percent in
manufacturing, and 34 percent in
"other" industries. Within manufacturing, the position was largest in
"other manufacturing" (particularly
instruments, paper, rubber, and textiles) and in chemicals. Within
"other" industries, the position was
largest in trade (mainly wholesale)
and in finance (except banking), insurance, and real estate. A substantial portion of the position in the
latter industry group was in affiliates
classified as holding companies,
which, in turn, held equity in, and received income from, affiliates classified in other industries.
By area, 74 percent of the position
was in developed countries and 24
percent was in developing countries.
The remainder was in "international." x Within the developed countries,
over 60 percent of the position was in
Europe, where the United Kingdom,
Germany, and Switzerland had the
U.S. Direct Investment
largest shares. Within the developing
Position
countries, over 60 percent of the position was in Latin America; this share
At yearend 1982, the U.S. direct in- would have been even larger—over 70
vestment position abroad was $221.3 percent—in the absence of the large
billion (table 1). The position is the negative position in Netherlands Anbook value of U.S. direct investors' tillean finance affiliates (see later disequity in, and net outstanding loans cussion). Within Latin America, the
to, their foreign affiliates. (A foreign position was largest in Bermuda
affiliate is a foreign business enterprise in which a single U.S. investor
The "international" category contains affiliates
owns at least 10 percent of the voting that1. have
operations spanning more than one country
securities, or the equivalent.) Thus, and that are engaged in petroleum shipping, other
transportation, or operating oil and gas drilling
the position measures the net claims water
equipment that is moved from country to country
of U.S. parents on their affiliates, and during the year.
is not a measure of the assets of the
had little incentive, and only limited
ability, to make major new investments abroad, to expand existing investments, or to finance the operations of foreign affiliates with U.S.source funds. In each year, U.S. direct
investors sold affiliates in Canada. Finally, reduced affiliate earnings limited the funds available for reinvestment.
Direct investment income declined
29 percent, to $22.9 billion, following
more moderate declines in each of the
2 preceding years. Sizable declines in
income were recorded in all major industries. The declines reflected the
continued slowing of foreign economic
activity, appreciation of the U.S.
dollar against several major foreign
currencies, and increased interest
payments by U.S. direct investors on
debt owed to affiliates. Other factors
that depressed income in 1982 were
capital losses, and losses—both capital
and other—by Mexican affiliates. Net
receipts of fees and royalties from foreign affiliates declined 4 percent, to
$5.6 billion.
15
SURVEY OF CURRENT BUSINESS
August 1983
The most important reason for the
change in the relative sizes of receivables and payables was the increase
in borrowing by U.S. parents from
their Netherlands Antillean finance
affiliates. U.S. parents' payables to
these affiliates almost doubled in
1982, to $27.7 billion (table 3). The
borrowed funds were raised largely by
affiliates' sales of bonds in Eurodollar
markets. The bond proceeds were reloaned to the U.S. parents, which generally used them to finance their U.S.
operations.
The increase in borrowing in 1982
occurred for several reasons. First,
during much of the year, interest
rates were lower in Eurodollar markets than in U.S. financial markets.
Second, well-developed European markets for medium-term bonds offered a
lower cost alternative to short-term
bank borrowing. Finally, familiarity
with the use of Netherlands Antillean
(mainly in finance affiliates), Brazil,
and Mexico.
Most of the position—over 80 percent—was in incorporated foreign affiliates. The position in these affiliates is shown in table 2 as the sum of
equity investment (capital stock and
retained earnings) and debt investment (intercompany accounts). The
latter component includes both U.S.
parents' receivables from their affiliates and, as a deduction, the parents'
payables to their affiliates. Because
payables slightly exceeded receivables
at yearend 1982, the intercompany account component of the position in incorporated affiliates was negative;
thus, equity investment more than accounted for the position in these affiliates. This was a new development:
Historically, U.S. parents' receivables
from affiliates have exceeded their
payables to affiliates.
finance affiliates as a means for raising funds continued to grow, and a
number of U.S. companies established
such affiliates in 1982.
Typically, Netherlands Antillean finance affiliates have been established
to enable U.S. parents to raise funds
abroad without having the associated
interest payments subjected to U.S.
withholding taxes. The payments are
exempted from such taxes by a treaty
between the United States and the
Netherlands Antilles. Although the
United States has treaties with several other countries that provide a similar exemption, or a reduced withholding rate, the Netherlands Antilles is
often chosen as a location because it
does not have a withholding tax on
interest payments to third countries
and because most of its taxes on affiliates are structured so as to generate
offsetting tax credits for the U.S. parents.
Table 1.—U.S. Direct Investment Position Abroad, 1980-82
[Millions of dollars]
Position,
yearend
1980
Addition in 1981
Addition in 1982
Capital outflows (inflows (-))
Capital outflows (inflows ( —))
Total
Total
Equity
and
intercompany
account
outflows
(inflows
Reinvested
earnings
of
incorporated
affiliates
Position,
yearend
1981
Valuation
adjustments
Total
Total
Equity
and
intercompany
account
outflows
(inflows
Reinvested
earnings
of
incorporated
affiliates
Valuation
adjustments
Position,
yearend
1982
All areas
Petroleum
Manufacturing..
Other
215,375
47,591
89,290
78,493
10,984
3,632
3,096
4,256
9,680
3,043
2,872
3,765
-3,803
-1,117
-623
-2,063
13,483
4,160
3,495
5,828
1,304
589
224
491
226,359
51,223
92,386
82,750
-5,016
4,474
-1,702
-7,789
-3,008
4,283
526
-7,818
-8,331
3,903
-596
-11,639
5,323
380
1,122
3,821
-2,008
191
-2,228
29
221,343
55,697
90,685
74,961
Developed countries...
Petroleum
Manufacturing
Other
158,214
34,621
71,475
52,119
7,183
888
1,554
4,741
5,857
530
1,306
4,022
-1,855
-2,189
-937
1,271
7,712
2,718
2,243
2,751
1,325
359
248
719
165,396
35,509
73,028
56,859
-2,320
336
-1,601
-1,056
-194
308
439
-942
-2,337
724
-829
-2,232
2,143
-416
1,268
1,290
163,076
35,845
71,428
55,804
Canada
Petroleum
Manufacturing
Other
45,119
10,800
19,028
15,290
10
-2,085
784
1,312
-761
-2,107
394
951
-2,681
-2,511
-384
213
1,920
404
778
738
771
21
390
45,129
8,715
19,812
16,602
-1,313
366
21
-1,700
-2,124
-72
-61
-1,992
812
438
82
292
Europe
Petroleum
Manufacturing
Other
96,287
20,101
45,287
30,899
5,227
2,517
-10
2,720
5,191
2,655
145
2,392
676
616
-684
744
4,515
2,039
829
1,648
35
-138
-155
328
101,514
22,618
45,277
33,619
-619
-62
-82
-475
-1,637
350
-1,151
-836
-2,126
28
-2,040
-114
693
-429
-103
1,225
1,321
-81
900
502
84
862
-286
-491
1,237
-943
1,187
-2,958
432
-2,051
-1,339
99,877
22,968
44,126
32,783
Other
Petroleum
Manufacturing
Other
16,808
3,720
7,159
5,929
1,946
457
780
709
1,427
-19
767
679
150
-294
130
314
1,277
275
636
365
519
476
13
30
18,754
4,177
7,939
6,638
48
-367
255
-203
23
-482
256
-297
-66
-482
251
94
89
-1
5
139
25
115
-1
18,689
4,225
7,571
6,894
53,206
(D)
17,816
2,977
(D)
1,542
3,156
2,054
1,566
-465
-1,898
1,143
314
-3,355
5,053
911
1,252
2,891
-24
56,182
12,346
19,358
24,478
-3,025
3,693
-101
-6,618
-3,073
3,554
87
-6,715
-5,928
3,099
233
-9,260
2,854
455
-146
2,546
48
139
-188
97
53,157
16,040
19,257
17,860
Latin America
Petroleum
Manufacturing
Other
38,761
4,380
14,590
19,790
103
434
1,221
-37
324
1,191
-1,552
-3,534
25
3,497
299
861
2,337
140
110
30
38,864
4,814
15,811
18,238
-5,825
1,651
-186
-7,290
-5,820
1,584
-75
-7,328
-7,684
1,311
393
-9,388
1,865
273
-468
2,059
-5
68
-111
33,039
6,465
15,625
10,948
Other
Petroleum
Manufacturing
Other
14,445
3,193
1,730
375
1,088
1,637
1,119
-16
534
1,556
611
391
554
-54
17,319
7,532
3,547
6,239
2,800
2,042
85
672
2,746
1,971
162
614
1,756
1,789
-160
127
990
182
322
486
54
71
-77
59
20,118
9,574
3,632
6,912
667
-50
717
158
4,780
330
259
-67
326
70
5,110
Developing countries.
Petroleum
Manufacturing
Other
International
D
(D)
3,226
(D)
3,955
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of indivdual companies.
D
D
-1,552
2,874
321
~17D9
44,509
8,652
19,730
16,127
1
-319
SURVEY OF CURRENT BUSINESS
16
August 1983
Within developed countries, declines ates as a result of a new U.S. standin the position were largest in France, ard for foreign currency translation
The U.S. direct investment position Canada, and Italy. Within developing (Financial Accounting Standards
abroad declined 2 percent, or $5.0 bil- countries, they were largest in the Board (FASB) Statement No. 52),
lion, in 1982, compared with an in- Netherlands Antilles and Mexico.
which was announced in December
crease of 5 percent, or $11.0 billion, in
1981. Adoption of the standard was
1981. As noted earlier, the decline in Valuation adjustments
required for fiscal years beginning on
1982 was the first since just after
The negative valuation adjustments or after December 15, 1982, but, enWorld War II.
reflected one-time adjustments couraged by the FASB, many compaThe 1982 decline consisted of capi- partly
nies adopted it sooner. As one aspect
tal inflows of $3.0 billion and negative to U.S. parents' accounts with affili- of the new standard, certain items
valuation adjustments of $2.0 billion.
in Netherlands Antillean Finance Affiliates,
The capital inflows consisted of equity Table 3.—Selected Transactions With and Positions
1977-82
and intercompany account inflows of
[Millions of dollars]
$8.3 billion, partly offset by reinvested earnings of $5.3 billion. The capital
1981
1982
1980
1978
1979
1977
inflows were more than accounted for
-4,802
-7,761 -16,172
-1,389
-2,664
-1,215
investment position
by the borrowing from Netherlands Direct
11,086
3,190
6,062
1,117
1,614
1,006
Capital stock and retained earning
-7,992 -13,824 -27,259
-2,506
-4,277
-2,221
Intercompany accounts
Antillean finance affiliates. For the
415
374
536
234
362
152
U.S. parents' receivables
-14,360 -27,674
-2,740
-4,640
-2,372
U.S. parents' payables
reasons noted earlier, the inflows
-9,542
-2,710
-3,472
-1,348
-189
441
and intercompany account flows (outflows + ; inflows — )..
from these affiliates were only partly Equity
3,893
1,004
2,360
423
96
136
Equity
-5,832 -13,435
-3,715
-285
-1,771
305
offset by outflows to other affiliates.
Intercompany accounts
-120
12
162
82
128
15
U.S. parents' receivables
-3,726
-5,994 -13,314
-367
-1,900
290
The position declined 1 percent in
U.S. parents' payables
developed countries and 5 percent in Income
-127
-648
-96
-101
-161
-1,190
-329
-132
-130
-178
Of which: Interest
developing countries. In "international," the position increased 7 percent.
1. Includes additional paid-in capital and valuation adjustments to the position.
1982 Addition
NOTE.—This table shows only transactions with, and positions in, affiliates established primarily to borrow funds abroad and
relend them to their U.S. parents.
Table 2.—U.S. Direct Investment Position Abroad, by Type of Affiliate and Account, 1981-82
[Millions of dollars]
Total
Total
Yearend 1981
Yearend 1982
Incorporated affiliates
Incorporated affiliates
Capital
stock
and
retained
earn-1
ings
Intercompany accounts
Total
U.S.
parents'
receivables
U.S.
parents'
payables
Unincorporated
affiliates
Total
Total
Capital
stock
and
retained
earnings *
Intercompnay accounts
Total
U.S.
parents'
receivables
U.S.
parents'
payables
Unincorporated
affiliates
All areas
Petroleum
Manufacturing.
Other
226,359
51,223
82,750
189,880
36,513
90,155
63,211
177,973
30,559
78,897
68,517
11,907
5,954
11,259
-5,306
41,274
10,603
16,751
13,920
-29,367
-4,649
-5,492
-19,226
36,479
14,710
2,231
19,538
221,343
55,697
90,685
74,961
181,878
37,657
88,569
55,652
184,481
30,802
78,232
75,447
-2,603
6,855
10,337
-19,795
39,756
10,299
16,106
13,351
-42,359
-3,445
-5,769
-33,145
39,465
18,040
2,116
19,309
Developed countries..
Petroleum
Manufacturing
Other
165,396
35,509
73,028
56,859
148,063
28,140
71,732
48,191
127,236
22,399
41,999
20,827
5,741
8,894
6,192
29,945
6,994
13,388
9,563
-9,118
-1,253
-4,494
-3,371
17,333
7,369
1,296
8,668
163,076
35,845
71,428
55,804
145,250
27,401
70,212
47,637
126,015
21,907
62,030
42,078
19,236
5,494
8,182
5,560
28,528
6,591
12,591
9,347
-9,293
-1,097
-4,409
-3,787
17,826
8,444
1,215
8,167
Canada
Petroleum
Manufacturing
Other
45,129
8,715
19,812
16,602
40,039
7,534
19,602
12,904
34,330
6,789
16,639
10,901
5,709
745
2,963
2,002
8,541
1,020
4,703
2,818
-2,832
-276
-1,740
-816
5,089
1,181
211
3,698
44,509
8,652
19,730
16,127
39,655
7,193
19,522
12,939
33,861
6,447
16,578
10,835
5,794
746
2,944
2,104
8,447
1,010
4,740
2,697
-2,653
-263
-1,796
-594
4,854
1,459
208
3,188
Europe
Petroleum
Manufacturing
Other
101,514
22,618
45,277
33,619
91,403
16,816
44,423
30,164
79,356
12,813
39,675
26,868
12,048
4,003
4,749
3,296
18,035
4,953
7,352
5,730
-5,987
-950
-2,603
-2,434
10,111
5,801
853
3,456
99,877
22,968
44,126
32,783
89,331
16,491
43,336
29,505
78,552
12,400
39,226
26,926
10,779
4,090
4,110
2,579
17,013
4,869
6,566
5,578
-6,234
-779
-2,456
-2,999
10,546
6,477
790
3,278
Other
Petroleum
Manufacturing
Other
18,754
4,177
7,939
6,638
16,621
3,790
7,707
5,124
13,550
2,796
6,524
4,230
3,070
994
1,183
894
3,369
1,021
1,333
1,015
-299
-27
-151
-121
2,133
387
232
1,515
18,689
4,225
7,571
6,894
16,264
3,717
7,354
5,193
13,602
3,060
6,226
4,316
2,662
657
1,128
877
712
1,285
1,071
-406
-55
-156
-195
2,426
507
218
1,701
Developing countries
Petroleum
Manufacturing
Other
56,182
12,346
19,358
24,478
37,644
5,544
18,423
13,677
47,011
5,694
16,058
25,259
-9,367
-150
2,365
-11,582
9,847
2,464
3,363
4,021
-19,215
-2,613
-998
-15,603
18,539
6,802
935
10,801
53,157
16,040
19,257
17,860
32,464
7,316
18,357
6,792
54,555
6,125
16,202
32,227
-22,090
1,190
2,155
-25,435
10,051
2,821
3,515
3,714
-32,141
-1,631
-1,361
-29,150
20,693
8,724
901
11,068
Latin America
Petroleum
Manufacturing
Other
38,864
4,814
15,811
18,238
26,226
1,886
14,997
9,343
2,632
12,762
21,464
-10,632
-746
2,235
-12,121
6,014
610
2,673
2,731
-16,646
-1,356
-438
-14,852
12,638
2,928
814
8,895
33,039
6,465
15,625
10,948
19,809
2,893
14,842
2,074
43,522
2,959
12,624
27,939
-23,713
-65
2,217
-25,865
6,348
1,069
2,874
2,405
-30,061
-1,135
-656
-28,270
13,230
3,572
783
8,875
Other
Petroleum
Manufacturing
Other
17,319
7,532
3,547
6,239
11,418
3,658
3,426
4,334
10,153
3,062
3,296
3,795
1,265
596
130
539
3,834
1,853
690
1,290
-2,569
-1,257
-560
-752
5,901
3,874
121
1,906
20,118
9,574
3,632
6,912
12,655
4,422
3,515
4,718
11,033
3,167
3,578
4,288
1,623
1,256
-63
430
3,703
1,752
642
1,310
-2,080
-496
-704
7,463
5,152
117
2,194
4,780
4,173
3,726
447
1,482
-1,034
607
5,110
4,163
3,912
252
1,177
-926
946
International
1. Includes additional paid-in capital and valuation ajdustments to the position.
August 1983
that had to be translated at historical
exchange rates under the previous
standard (FASB Statement No. 8) now
have to be translated at current exchange rates (with exceptions for the
currencies of countries with very high
rates of inflation). The valuation adjustments reflect the resulting change
in the dollar value of these items. Additional adjustments will be made for
future periods as the remaining
parent companies adopt the new
standard.
The negative valuation adjustments
also reflected the reorganization of a
multinational company. Previously,
the company consisted of a U.S.
parent company and its foreign affiliates. In the reorganization, a Panamanian holding company was set up
to hold stock in both the parent and
the affiliates. Because the affiliates
were no longer U.S. owned, the investment in them was removed from
the U.S. direct investment position
abroad by means of a negative valuation adjustment. (Simultaneously, the
holding company's equity in what had
been the U.S. parent company was included in the foreign direct investment position in the United States.)
Partly offsetting these negative adjustments was a significant positive
adjustment for Canada, where the
mining affiliates of a U.S. company
were sold for more than book value.
Because the full sales value was a
capital inflow and thus reduced the
direct investment position by more
than the book value carried in the position, the excess of the sales value
over the book value was added back
to the position by means of a positive
valuation adjustment.
Equity and intercompany account
flows
Equity and intercompany account
inflows increased $4.5 billion, to $8.3
billion (table 4). Contributing to the
increase were a $3.6 billion increase
in inflows from incorporated affiliates
and a $0.9 billion decline in outflows
to unincorporated affiliates. (Flows to
or from unincorporated affiliates are
shown in a single summary account
consisting of the U.S. parents' total
claims, both equity and debt, on the
affiliates' net assets.)
For incorporated affiliates, intercompany account inflows increased
413-743 0 - 83 - 3 QL 3
17
SURVEY OF CURRENT BUSINESS
Table 4.—Equity and Intercompany Account Outflows, by Type of Affiliate, 1981-82
[Millions of dollars; inflows ( - ) ]
1981
To incorporated affiliates
Capital stock
2
l
Intercompany accounts
Total
Total
Total
In-
De-
Total
U.S.
parents'
receivables
U.S.
parents
To
unincorporated
affiliates
All areas
Petroleum
Manufacturing...
Other
-3,803
-1,117
-623
-2,063
-6,628
-3,168
-711
-2,749
7
-2,550
-97
2,655
6,668
706
1,785
4,177
-6,661
-3,256
-1,882
-1,523
-6,635
-618
-614
-5,404
1,540
-285
721
1,103
-8,175
-333
-1,335
-6,507
2,825
2,051
87
687
Developed countries....
Petroleum
Manufacturing
Other
-1,855
-2,189
-937
1,271
-3,585
-3,122
-954
490
-2,548
-2,580
-254
3,021
586
1,455
980
-5,569
-3,166
-1,710
-694
-1,037
-541
-699
204
942
-221
616
546
-1,979
-320
-1,316
-343
1,731
933
16
781
Canada
Petroleum
Manufacturing
Other
-2,681
-2,511
-384
213
-2,763
-2,370
-398
5
-3,669
-2,561
-887
-221
509
43
224
242
-4,178
-2,604
-1,111
-463
906
191
489
226
953
130
410
413
-47
61
79
-187
82
-141
14
Europe
Petroleum
Manufacturing
Other
676
616
-684
744
-307
-681
302
1,549
492
688
368
2,301
543
1,170
-752
-51
-482
-220
-2,235
-799
-1,370
-66
-314
-408
10
85
-1,921
-391
-1,379
-151
1,363
923
-2
442
Other
Petroleum
Manufacturing
Other
150
-294
130
314
-137
-445
125
183
-428
-511
-56
139
211
0
62
150
-511
-117
-11
291
66
181
44
58
196
49
-11
9
-15
-5
286
151
5
131
Developing countries.
Petroleum
Manufacturing
Other
-1,898
1,143
314
-3,355
-2,783
236
243
-3,262
2,510
-15
157
2,368
3,554
26
329
3,198
-1,043
-42
-172
-829
-5,293
251
86
-5,631
658
65
105
488
-5,952
186
-19
-6,119
885
907
71
Latin America
Petroleum
Manufacturing
Other
-3,534
25
330
-3,608
-371
255
-3,491
2,378
-33
131
2,279
3,314
8
252
3,055
-937
-40
-121
-776
-5,986
-339
124
-5,771
120
-234
144
209
-6,106
-105
-21
-5,980
74
396
75
Other
Petroleum
Manufacturing
Other
1,637
1,119
-16
534
825
607
-12
229
133
17
26
89
239
19
78
142
-106
-2
-51
-53
692
590
-38
140
538
299
-40
279
154
291
2
-139
812
511
-4
93
-48
-305
-61
-245
209
International
-50
1982
All areas
Petroleum
Manufacturing..
Other
-8,331
3,903
-596
-11,639
-10,225
755
-445
-10,535
4,285
-146
477
3,954
7,691
635
1,551
5,505
-3,406
-781
-1,074
-1,552
-14,510
900
-922
-14,489
-1,518
-304
-644
-569
-12,993
1,205
-277
-13,920
1,894
3,148
-151
-1,104
Developed countries...
Petroleum
Manufacturing
Other
-2,337
724
-829
-2,232
-1,505
-375
-710
-420
86
-127
1
212
2,950
603
986
1,361
-2,864
-730
-985
-1,149
-1,592
-248
-712
-633
-1,417
-404
-797
-216
-175
156
85
-416
-832
1,098
-118
-1,812
Canada
Petroleum
Manufacturing....
Other
-2,124
-72
-61
-1,992
-517
-327
-54
-137
-602
-328
-35
-239
328
81
114
133
-930
-410
-150
-371
85
2
-19
102
-94
-11
37
-121
178
12
-56
222
-1,607
255
-6
-1,855
Europe
Petroleum
Manufacturing....
Other
84
862
-286
-491
170
-190
-348
901
83
448
2,050
95
830
1,124
-1,149
-12
-382
-755
-1,268
87
-639
-717
-1,022
-84
-785
-153
-246
171
147
-565
452
691
-96
-143
Other
Petroleum
Manufacturing....
Other
-297
-66
-482
251
-620
-218
-466
64
-212
118
-412
81
572
426
42
104
-784
-308
-454
-22
-408
-336
-54
-17
-301
-309
-49
57
-107
-28
-6
-74
323
152
-16
187
Developing countries
Petroleum
Manufacturing
Other
-5,928
3,099
233
-9,260
-8,377
1,320
266
-9,963
4,346
-20
476
3,890
4,739
31
564
4,143
-393
-51
-88
-253
-12,723
1,340
-210
-13,853
203 -12,926
357
152
- 3 0 6 -13,547
2,449
1,779
-33
702
Latin America
Petroleum
Manufacturing....
Other
-7,684
1,311
393
-8,708
677
423
4,373
-3
440
3,936
4,559
6
486
4,067
-186
-9
-46
-131
-13,081
681
-17
-13,744
334 -13,415
222
459
-218
201
- 3 2 6 -13,418
1,024
633
-30
421
Other
Petroleum
Manufacturing....
Other
1,756
1,789
-160
127
331
643
-157
-154
-27
-17
36
-46
180
25
78
76
-207
-42
-43
-122
358
659
-193
-109
-131
-102
-49
20
489
761
-144
-128
1,425
1,146
-3
282
-67
-343
-147
-150
-196
-304
109
276
International
1. Includes outflows to purchase capital stock in affiliates from unaffiliated foreigners and inflows from the sale of such stock
to unaffiliated foreigners. Although such flows are not actually "to" foreign affiliates, they are so classified because they change
the U.S. direct investment position in these affiliates. When the country of the affiliate differs from that of the buyer or seller of
its capital stock, the flows are classified according to the country of the affiliate.
2. Includes additional paid-in capital.
18
SURVEY OF CURRENT BUSINESS
$7.9 billion. The increase reflected
both a larger increase in U.S. parents'
payables to affiliates in 1982 than in
1981 and a shift from an increase to a
decline in their receivables from affiliates.2 Outflows for equity investment in incorporated affiliates increased $4.3 billion, from near zero, as
increases in capital stock were larger,
and decreases smaller, than in 1981.
The larger increases in capital stock
reflected the increased capitalization
of Netherlands Antillean finance affiliates. The increased capitalization
was required to support increased issuance of bonds by these affiliates.
(Having equity-to-debt ratios that conform to generally accepted guidelines
helps ensure that the U.S. tax authorities will recognize the affiliates,
rather than their U.S. parents, as the
issuers of bonds.) The smaller decreases in capital stock reflected the
nonrecurrence in 1982 of several selloffs of incorporated petroleum affiliates in Canada that had occurred in
1981. (As will be noted later, selloffs
of affiliates in Canada also occurred
in 1982, but they were of unincorporated affiliates.)
By industry, there was a shift to
outflows from inflows in petroleum,
almost no change in inflows in manufacturing, and an increase in inflows
in "other" industries. By area, inflows
from developed countries increased
$0.5 billion, and inflows from developing countries increased $4.0 billion.
Inflows from "international" were virtually unchanged.
In petroleum, flows shifted $5.0 billion, from inflows of $1.1 billion in
1981 to outflows of $3.9 billion in
1982. The inflows in 1981 reflected
the sale by U.S. direct investors of
several Canadian affiliates; the sales
were partly in response to Canadian
policies designed to increase the participation of local investors in the Canadian petroleum industry. The outflows in 1982 were spread among several oil-producing countries—mainly
developing—and may have reflected a
net paying down of parents' liabilities
to affiliates for the purchase of oil, as
crude oil production and, to a lesser
extent, prices declined.
In manufacturing, inflows declined
slightly, to $0.6 billion. The inflows
were from affiliates in several areas
and in several industries within manufacturing and in part reflected the
general economic factors cited earlier.
The largest inflows were from Australia, where a metal manufacturing affiliate was sold to local investors. The
1981 inflows, in contrast, were more
than accounted for by two special factors—U.S. automakers' use of European manufacturing affiliates as a
source of funds to finance their domestic (U.S.) operations, and inflows
from the sale of a large paper manufacturing affiliate in Canada.
Inflows from affiliates in "other" industries increased $9.6 billion, to
$11.6 billion. Netherlands Antillean
finance affiliates accounted for $6.1
billion of the increase; inflows from
these affiliates were $9.5 billion in
1982, compared with $3.5 billion in
1981. Much of the remaining increase
in inflows reflected the transfer, in
the first quarter, of a U.S. company's
unincorporated Canadian mining affiliates to a Canadian company in exchange for the Canadian company's
interest in the U.S. company. In the
U.S. balance of payments accounts,
this transaction resulted in an inflow
on U.S. direct investment abroad and
an offsetting outflow on foreign direct
investment in the United States.3
Also contributing to the increase in
inflows in "other" industries was a
$1.8 billion shift to inflows from affiliates in trade. In addition to the general economic factors mentioned earlier,
the 1982 inflows in trade reflected the
sale of the British operations of a U.S.
retailer to a consortium of British investors.
2. Increases (decreases) in receivables are intercompany account outflows (inflows), and increases (decreases) in payables are inflows (outflows). The change
in intercompany account flows is thus the secondorder change (i.e., the change in the change) in receivables minus the second-order change in payables.
August 1983
earnings are equal to the earnings
(that is, U.S. parents' equity in the
net income after foreign income
taxes) of incorporated affiliates minus
gross dividends (that is, dividends
before deduction of foreign withholding taxes) on common and preferred
stock held by U.S. parents. The decline in reinvested earnings reflected
a 30-percent decline in earnings and a
10-percent increase in gross dividends.
By area, reinvested earnings declined
72 percent in developed countries, 44
percent in developing countries, and
55 percent in "international." The reinvestment ratio—the fraction of
earnings reinvested—fell
sharply,
from 0.56 to 0.31. The ratio for 1982
was the lowest recorded in the period
1950-82.
Reinvested earnings of petroleum
affiliates declined 91 percent, to $0.4
billion, as gross dividends increased
39 percent and earnings declined 33
percent. The increase in dividend payments despite declining earnings
probably reflected affiliates' reduced
needs for funds to finance such items
as receivables and inventories. The
decline in sales that occurred during
the year would be expected to be followed by a decline in receivables.
Also, inventories, which had been
built up in previous years in anticipation of rising prices, were drawn
down in anticipation of price reductions. Nearly one-half of the decline
in reinvested earnings was accounted
for by a shift from positive to negative reinvested earnings of affiliates
in the United Kingdom. Much of the
shift was accounted for by an affiliate
that, despite a large year-to-year decline in earnings, paid a large dividend in early 1982, apparently out of
substantial 1981 earnings. Smaller
shifts to negative reinvested earnings
were recorded in several other European countries.
Reinvested earnings
Reinvested earnings of manufacturReinvested earnings of incorporated ing affiliates declined 68 percent, to
foreign affiliates declined 61 percent, $1.1 billion. The decline reflected a
to $5.3 billion (table 5). Reinvested 36-percent decline in earnings and a
partly offsetting 11-percent decline in
gross dividends. More than four-fifths
of the decline in reinvested earnings
3. This transaction was part of a larger set of transwas in Mexico, where a $2.0 billion
actions, some of which occurred in 1981, in which a
shift to negative reinvested earnings
petroleum company owned by the French Government
acquired both U.S. and Canadian interests in the largely reflected a shift to negative
above-mentioned U.S. company. For details, see "Forearnings. In Mexico, shifts to negative
eign Direct Investment in the United States in 1981,"
SURVEY OF CURRENT BUSINESS 62 (August 1982): 33.
reinvested earnings occurred in each
August 1983
19
SURVEY OF CURRENT BUSINESS
Table 5.—Reinvested Earnings and Reinvestment Ratios of Incorporated Affiliates, 1981-82
[Millions of dollars, or ratio]
Earnings
Gross
dividends
Change 1981-82
1982
1981
Reinvested
earnings
Reinvestment ratio
(reinvested
earnings/
earnings)
Gross
dividends
Earnings
Reinvested
earnings
Reinvestment ratio
(reinvested
earnings/
earnings)
Reinvested
earnings
Gross
dividends
Earnings
All areas
Petroleum
Manufacturing.
Other
24,084
7,552
8,096
8,436
10,601
3,392
4,601
2,608
13,483
4,160
3,495
5,828
0.56
.55
.43
.69
16,970
5,088
5,213
6,669
11,647
4,708
4,091
2,848
5,323
380
1,122
3,821
0.31
.07
.22
.57
-7,113
-2,464
-2,883
-1,767
1,046
1,316
-510
240
-8,160
-3,780
-2,373
-2,007
Developed countries..
Petroleum
Manufacturing
Other
15,078
4,744
5,791
4,543
7,366
2,026
3,548
1,792
7,712
2,718
2,243
2,751
.51
.57
.39
.61
10,153
2,693
4,357
3,103
8,011
3,108
3,089
1,813
2.143
-416
1,268
1,290
.21
.15
.29
.42
-4,925
-2,052
-1,434
-1,440
645
1,082
-458
21
-5,570
-3,134
-975
-1,460
Canada
Petroleum
Manufacturing
Other
3,599
931
1,681
986
1,678
527
903
248
1,920
404
778
738
.53
.43
.46
.75
2,187
865
728
594
1,375
427
646
302
812
438
82
292
.37
.51
.11
.49
-1,412
-67
-954
-392
-303
-101
-257
55
-1,109
34
-697
-446
Europe
Petroleum
Manufacturing
Other
9,148
3,239
2,955
2,953
4,632
1,200
2,127
1,306
4,515
2,039
829
1,648
.49
.63
.28
.56
7,012
1,488
3,192
2,332
5,775
2,431
2,005
1,339
1,237
-943
1,187
.18
.63
.37
.43
-2,136
-1,751
236
-621
1,142
1,231
-122
33
-3,278
-2,982
358
-655
Other
Petroleum
Manufacturing
Other
2,332
574
1,154
604
1,055
298
518
239
1,277
275
636
365
.55
.48
.55
.60
955
340
438
177
861
251
438
172
94
89
-1
5
.10
.26
0
.03
-1,377
-234
-716
-427
-194
-48
-79
-67
-1,183
-186
-637
-360
Developing countries
Petroleum
Manufacturing
Other
8,133
2,166
2,305
3,662
1,255
1,053
771
5,053
911
1,252
2,891
.62
.42
.54
.79
6,250
1,864
856
3,530
3,395
1,409
1,002
2,854
455
-146
2,546
.46
.24
.17
.72
-1,884
-302
-1,449
-132
315
153
-52
213
-2,199
-456
-1,398
-345
Latin America
Petroleum
Manufacturing
Other
5,058
496
1,681
2,880
1,561
197
820
544
3,497
299
861
2,337
.69
.60
.51
.81
3,488
440
278
2,770
1,624
167
746
711
1,865
273
-468
2,059
.53
.62
1.68
.74
-1,569
-56
-1,403
-110
63
-30
-75
167
-1,632
-26
-1,329
-277
Other
Petroleum
Manufacturing
Other
3,076
1,670
624
782
1,519
1,059
233
228
1,556
611
391
554
.51
.37
.63
.71
2,761
1,424
578
760
1,772
1,242
256
274
990
182
322
486
.36
.13
.56
.64
-314
-246
-46
-22
252
183
23
46
-566
-429
-69
-68
873
155
717
.82
568
242
326
.57
-305
86
-391
International
Table 6.—Income and Rate of Return, 1981-82
[Millions of dollars, or percent]
1982
1981
Income
Income
Interest, dividends, and earnings of
unincorporated affiliates
Total
Total
Interest
Dividends
Earnings of
unincorporated
affiliates
Reinvested
earnings
of
incorporated
affiliates
Interest, dividends, and earnings of
unincorporated affiliates
Rate of
return *
Total
Total
Interest
Dividends
Earnings of
unincorporated
affiliates
Reinvested
earnings
of
incorporated
affiliates
Rate of
return 1
All areas
Petroleum
Manufacturing..
Other
32,446
13,292
8,188
10,966
18,963
9,132
4,693
5,138
178
393
548
-763
9,553
3,160
4,014
2,378
9,232
5,579
131
3,522
13,483
4,160
3,495
5,828
14.7
26.9
9.0
13.6
22,888
10,333
5,209
7,346
17,565
9,953
4,087
3,524
-1,696
359
427
-2,482
10,658
4,443
3,582
2,633
8,602
5,151
79
3,373
5,323
380
1,122
3,821
10.2
19.3
5.7
9.3
Developed countriesPetroleum....
Manufacturing
Other
18,860
7,121
5,817
5,922
11,148
4,402
3,574
3,171
1,061
337
434
290
6,605
1,839
3,148
1,617
3,482
2,226
-8
1,264
7,712
2,718
2,243
2,751
11.7
20.3
8.1
10.9
13,510
5,011
4,334
4,165
11,367
5,426
3,066
2,875
908
287
354
266
7,267
2,875
2,744
1,648
3,192
2,264
-32
960
2,143
-416
1,268
1,290
8.2
14.0
6.0
7.4
Canada
Petroleum
Manufacturing..
Other
4,250
995
1,844
1,411
2,330
591
1,066
673
387
-28
260
155
1,482
478
786
218
461
141
21
300
1,920
404
778
738
9.4
10.2
9.5
8.8
2,919
1,087
918
914
2,108
649
836
622
485
25
257
203
1,214
386
562
265
408
237
17
155
812
438
82
292
6.5
12.5
4.6
5.6
Europe
Petroleum
Manufacturing..
Other
11,766
5,328
2,813
3,625
7,251
3,289
1,984
1,977
604
343
156
105
4,201
1,099
1,912
1,191
2,446
1,848
-84
682
4,515
2,039
829
1,648
11.9
24.9
6.2
11.2
9,153
3,369
2,963
2,821
7,916
4,312
1,776
1,828
319
246
69
4
5,305
2,268
1,805
1,232
2,292
1,798
-98
592
1,237
-943
1,187
993
9.1
14.8
6.6
8.5
Other
Petroleum
Manufacturing..
Other
2,844
797
1,161
886
1,567
522
524
521
70
22
18
30
922
263
451
209
575
237
55
1,277
275
636
16.0
20.2
15.4
14.1
1,438
555
453
430
1,344
466
454
425
103
16
27
60
748
221
377
151
492
229
50
214
94
89
-1
5
7.7
13.2
5.8
6.4
Developing countries..
Petroleum
Manufacturing
Other
12,625
5,444
2,371
4,810
7,571
4,533
1,119
1,919
-916
28
114
-1,058
2,792
1,209
866
716
5,696
3,295
139
2,261
5,053
911
1,252
2,891
23.1
48.2
12.8
19.4
8,634
4,638
875
3,122
5,780
4,183
1,021
576
-2,629
59
73
-2,761
3,149
1,376
838
935
5,260
2,747
110
2,402
2,854
455
-146
2,546
15.8
32.7
4.5
14.7
Latin America
Petroleum
Manufacturing..
Other
6,127
1,064
1,755
3,307
2,630
765
894
970
-962
6
105
-1,073
1,330
167
656
506
2,262
592
133
1,537
3,497
299
861
2,337
15.8
23.2
11.5
17.4
2,851
954
304
1,593
681
772
-466
-2,729
12
66
-2,807
1,438
152
607
679
2,277
517
98
1,662
1,865
273
-468
2,059
7.9
16.9
1.9
10.9
Other
Petroleum
Manufacturing..
Other
6,498
4,379
615
1,503
4,942
3,768
224
45
22
1,463
1,043
210
210
3,434
2,703
6
724
1,556
611
391
554
40.9
65.3
18.2
25.9
5,783
3,684
570
1,529
4,794
3,502
249
1,043
100
47
6
46
1,711
1,225
231
256
2,983
2,230
12
740
990
182
322
486
30.9
43.1
15.9
23.2
961
243
155
55
717
22.0
743
417
26
242
150
326
15.0
International...
1. Income divided by the average of the beginning- and end-of-year direct investment positions.
20
SURVEY OF CURRENT BUSINESS
manufacturing industry. Among countries experiencing smaller, but still
sizable, declines in, or shifts to, negative reinvested earnings were Canada,
the United Kingdom, and Australia.
Partly offsetting shifts to positive reinvested earnings were recorded in
Germany and Argentina.
Reinvested earnings of affiliates in
"other" industries declined 34 percent, to $3.8 billion. The decline reflected a 21-percent decline in earnings and a 9-percent increase in gross
dividends. The decline in reinvested
earnings was spread among several
geographical areas. By industry, the
changes were mixed. Declines were
recorded in trade, "other industries"
(mainly services), and mining. In
banking and in finance (except banking), insurance, and real estate, reinvested earnings increased; in the
latter industry, however, they would
have declined significantly were it not
for an increase in the reinvested earnings of Netherlands Antillean finance
affiliates.
dividends, and earnings of unincorporated affiliates and (2) reinvested
earnings of incorporated affiliates.
General reasons for the decline in
income were the continued slowing of
foreign economic activity and appreciation of the U.S. dollar against several foreign currencies. These factors,
which affected several areas and industries, were particularly important
in Mexico, where a variety of economic difficulties—including
sluggish
export markets for petroleum and
high interest rates on external debt—
resulted in large devaluations of the
peso and the institution of austerity
measures and exchange controls.
Income from Mexican affiliates was a
negative $1.3 billion in 1982, compared with a positive $1.4 billion in
1981.
Part of the decline in income was
due to a shift from capital gains to
capital losses. (Capital gains and
losses, including foreign-exchange
translation gains and losses, are included in income.) Income before capital gains and losses declined 23 percent (table 8).
Income was depressed as well by a
shift from net receipts to net payments of interest on intercompany accounts. The net payments were more
than accounted for by payments to
Netherlands Antillean finance affiliates. The shift mirrored the earlier
mentioned shift from net receivables
to net payables by U.S. parents in the
intercompany account component of
the direct investment position.
Income from petroleum affiliates declined 22 percent, to $10.3 billion. The
Income
Direct investment income, the
return on the position, declined 29
percent, to $22.9 billion (table 6).
Income consists of earnings, as defined earlier, plus interest (net of
withholding taxes) on intercompany
accounts, less foreign withholding
taxes on dividends (table 7). Alternatively, it is the sum of (1) interest,
August 1983
decline reflected declining production
and sales, as well as a weakening of
petroleum prices. Downward pressure
on both production and prices was exerted by the worldwide recession, inventory decumulation, and the continued effects of attempts to conserve
energy and develop new sources of
energy supply.
Income from petroleum affiliates
declined 30 percent in developed
countries, 15 percent in developing
countries, and 6 percent in "international." The decline in developed
countries was concentrated in Europe;
over 60 percent of the decline in that
area was in the United Kingdom.
Over one-half of the decline in developing countries was in the Middle
East.
Income from manufacturing affiliates declined 37 percent, to $5.2 billion. It declined 25 percent in developed countries and 63 percent in developing countries. The decline in developed countries was entirely attributable to a shift from capital gains to
capital losses. Three countries—
Canada, the United Kingdom, and
Australia—more than accounted for
the decline; partly offsetting increases
were recorded in Germany and Italy.
Mexico, which had a $2.1 billion shift
in income from positive to negative,
more than accounted for the decline
in developing countries.
Within manufacturing, income declined in every industry except nonelectrical machinery. The largest declines were in "other manufacturing"
and in chemicals. In nonelectrical machinery, a 34-percent increase in
Table 7.—Income and Related Items: Source
and Relationship
[Millions of dollars]
1982
amount
1. Earnings of incorporated
affiliates.
2. Earnings of unincorporated cLlIlllalA?&.
affiliates
Gil
3. Earnings
4. Gross dividends (on common and preferred stock).
5. Foreign withholding tax
on dividends.
6. Dividends
7. Interest (net of withholding taxes).
8. Reinvested earnings of incorporated affiliates.
9. Interest, dividends, and
earnings of unincorporated
affiliates.
10. Income
16,970
Reported.
8,602
Reported.
25,573
11,647
989
10,658
-1,696
5,323
[Millions of dollars, or percent]
Income,
total
Derived.
Reported.
Reported.
= 1-4 or 10-9.
17,565
= 2+6+7 or 10-8.
22,888
= 3 - 5 + 7 or 8 + 9.
Capital
gains
(losses (-))
Percent change
1982
1981
= 1+2.
=5+6.
NOTE.—"Reported" refers to universe estimates derived from
reported sample data.
Table 8.—Income, Capital Gains, and Income Before Capital Gains, 1981-82
Source and
relationship
Income
before
capital
gains
Income,
total
Capital
gains
(losses (-))
Income
before
capital
gains
Income,
total
Income
before
capital
gains
All areas
Petroleum
Manufacturing.
Other
32,446
13,292
8,188
10,966
470
963
26
-519
31,976
12,329
8,162
11,485
22,888
10,333
5,209
7,346
-1,852
870
-1,495
-1,227
24,740
9,463
6,704
8,573
-29
-22
-36
-33
-23
-23
-18
-25
Developed countriesPetroleum
Manufacturing
Other
18,860
7,121
5,817
5,922
810
407
-314
17,957
6,311
5,410
6,236
13,510
5,011
4,334
4,165
-1,243
764
-1,113
-894
14,753
4,247
5,447
5,059
-28
-30
-25
-30
-18
-33
1
-19
Developing countries
Petroleum
Manufacturing
Other
12,625
5,444
2,371
4,810
-461
138
-381
-218
13,086
5,306
2,752
5,028
8,634
4,638
875
3,122
-599
136
-382
-353
9,233
4,502
1,257
3,475
-32
-15
-63
-35
-29
-15
-54
-31
934
743
-10
753
-23
International
961
August 1983
income reflected increased earnings of
computer manufacturing affiliates.
Income from affiliates in "other" industries declined 33 percent, to $7.3
billion. It declined 30 percent in developed countries, 35 percent in developing countries, and 75 percent in
"international/'
More than three-fourths of the decline in developed countries was accounted for by Canada, Switzerland,
and the United Kingdom. In Canada,
the decline was concentrated in
mining; in Switzerland, it was concentrated in trade, and in the United
Kingdom, in finance (except banking),
insurance, and real estate.
In developing countries, the decline
was largely accounted for by increased interest payments to Netherlands Antillean finance affiliates. Interest payments to these affiliates increased $1.7 billion, to $2.9 billion, in
1982 (table 3). Income from Mexican
affiliates shifted $0.5 billion from
positive to negative; the shift was centered in trade. A $0.3 billion increase
in income from Bermudan affiliates,
largely in finance, was partly offsetting.
The rate of return on the direct investment position is defined as the
ratio of income to the average of the
beginning- and end-of-year positions.
The rate so defined is an average for
existing investments, at book value,
and can thus be of only limited use in
predicting the profitability of prospective new investments.
The rate of return declined from 15
percent to 10 percent. The decline
almost entirely reflected the 29-percent decline in income. The rate of
return declined in all three major industries—from 27 to 19 percent in petroleum, from 9 to 6 percent in manufacturing, and from 14 to 9 percent in
"other" industries.
21
SURVEY OF CURRENT BUSINESS
Table 9.—Fees and Royalties, 1981-82
[Millions of dollars]
1982
1981
Service
charges
and
rentals
Film and
television Total
tape
rentals
Royalties
and
license
Service
charges
and
rentals
Film and
television
tape
rentals
Total
Royalties
and
license
fees
All areas
Petroleum
Manufacturing
Other
5,813
224
3,947
1,642
3,658
34
2,973
651
1,818
190
974
655
336
0
0
336
5,572
351
3,652
1,569
3,172
-27
2,638
561
2,136
378
1,013
744
264
0
0
264
Developed countries
Petroleum
Manufacturing
Other
4,734
295
3,451
988
1,139
282
716
140
0
0
306
4,600
334
3,314
951
1,411
328
843
240
238
0
0
238
512
62
364
86
33
0
0
33
964
77
702
185
2,951
6
2,471
474
411
1
366
45
527
76
336
115
26
0
0
26
218
2,056
4
1,746
306
763
208
487
67
166
0
0
166
Canada
Petroleum
Manufacturing
Other
973
64
742
166
3,289
12
2,735
542
427
1
378
47
Europe
Petroleum
Manufacturing
Other
3,021
187
2,259
575
2,312
11
1,938
363
492
176
321
218
2,985
212
2,233
539
Other
Petroleum
Manufacturing
Other
740
44
449
246
550
(*)
418
132
135
44
31
60
55
0
0
55
651
44
379
227
483
360
123
122
44
20
58
46
0
0
46
Developing countries
Petroleum
Manufacturing
Other
1,332
189
496
648
946
181
258
30
0
0
30
1,180
228
337
615
258
4
167
87
224
170
502
26
0
0
26
399
62
128
208
24
0
0
24
584
71
187
325
155
2
100
53
408
69
87
252
20
0
0
20
7
0
0
7
597
156
151
290
103
2
67
34
154
83
250
6
0
0
6
Latin America
Petroleum
Manufacturing
Other
671
67
287
316
356
8
238
110
248
5
158
85
Other
Petroleum
Manufacturing
Other
662
122
209
331
108
3
80
25
547
119
129
300
-253
13
-267
International
C)
-37
*Less than $500,000 (±).
Fees and Royalties
Net receipts of fees and royalties
from affiliates declined 4 percent, to
$5.6 billion (table 9). Royalties, license
fees, and other fees for the sale or use
of intangible property—such as patents, industrial processes, trademarks,
and copyrights—declined 13 percent,
to $3.2 billion. Service charges and
charges for the rental of tangible
property increased 17 percent, to $2.1
billion. Film and television tape rentals declined 21 percent, to $0.3 billion.
Fees and royalties from petroleum
affiliates increased 57 percent (al-
though from a small 1981 base), to
$0.4 billion. The increase was in service charges and rentals for tangible
property.
Fees and royalties from manufacturing affiliates declined 7 percent, to
$3.7 billion. A reduction in royalties
and license fees, centered in Europe,
more than accounted for the decline.
Fees and royalties from affiliates in
"other" industries declined 4 percent,
to $1.6 billion. The decline was in royalties and license fees and in film
rentals; an increase in service charges
and rentals for tangible property was
partly offsetting.
Tables 10-18 follow.
22
SURVEY OF CURRENT BUSINESS
August 1983
Table 10.—U.S. Direct Investment Abroad, Selected Items, 1977-82
[Millions of dollars]
1977
1978
1979
1980
1981
1982
1977
Direct investment position
AH areas
Petroleum
Manufacturing.
Other
Developed countries..
Petroleum
Manufacturing
Other
1978
1979
1980
1981
1982
1977
11,893
1,696
4,147
6,050
110,120 121,230 139,477 158,214 165,396 163,076
23,737 25,341 30,512 34,621 35,509 35,845
50,474 56,292
71,475 73,028 71,428
35,909 39,596 45,082 52,119 56,859 55,804
1979
1980
1981
1982
Equity and intercompany
account outflows (inflows (—))
Net capital outflows (inflows (-))
145,990 162,727 187,858 215,375 226,359 221,343
28,030 30,532 39,128 47,591 51,223 55,697
62,019
79,023 89,290
90,685
55,941 62,526 69,707 78,493 82,750 74,961
1978
16,056 25,222
1,848 8,864
7,462 9,140
6,747 7,218
19,222
2,034
9,825
7,362
9,680
3,043
2,872
3,765
-3,008
4,283
526
-7,818
5,497
910
1,543
3,044
4,713
343
1,883
2,487
6,258
3,450
1,524
1,284
7,866
1,915
3,391
2,560
10,555
989
5,726
3,840
18,191
5,440
7,437
5,314
17,893
4,039
7,481
6,373
5,857
530
1,306
4,022
-194
308
439
-942
3,360
1,336
1,417
607
2,007
-76
1,295
787
3,906 -761
1,804 -2,107
394
1,509
593
951
-1,313
366
21
-1,700
-49
-6
-229
185
-615
-409
165
-371
3,512
1,236
868
1,408
1,474
472
597
406
2,205 -3,803
-2,600 -1,117
3,759 -623
1,045 -2,063
-8,331
3,903
-596
-11,639
5,498
107
3,261
2,130
-1,855
-2,189
-937
1,271
-2,337
724
-829
-2,232
317
446
472
-601
-2,681
-2,511
-384
213
-2,124
-72
-61
-1,992
Canada
Petroleum
Manufacturing
Other
35,052
7,015
14,795
13,242
36,396
7,686
15,736
12,974
40,662
8,964
17,531
14,167
45,119
10,800
19,028
15,290
45,129
8,715
19,812
16,602
44,509
8,652
19,730
16,127
1,581
640
314
627
1,206
189
919
4,477
1,524
1,753
1,200
Europe
Petroleum
Manufacturing
Other
62,552
13,629
30,470
18,453
70,647
14,326
34,655
21,666
83,056
17,748
39,629
25,679
96,287 101,514
20,101 22,618
45,287 45,277
30,899 33,619
99,877
22,968
44,126
32,783
5,289
1,057
2,708
1,523
7,820
650
4,142
3,027
12,259
3,419
4,899
3,942
13,011
2,316
5,556
5,139
5,191
2,655
145
2,392
1,321
-81
900
502
2,908
1,258
1,464
186
2,245
429
1,001
815
1,632
535
26
1,072
5,401
80
2,734
2,588
676
616
-684
744
84
862
-286
-491
Other
Petroleum
Manufacturing
Other
12,517
3,093
5,210
4,213
14,187
3,329
5,902
4,956
15,759
3,800
6,723
5,237
16,808
3,720
7,159
18,754
4,177
7,939
6,638
18,689
4,225
7,571
6,894
996
218
369
410
1,529
149
664
715
1,454
498
785
172
976
-80
416
640
1,427
-19
767
679
-203
23
-482
256
501
83
183
235
376
-96
129
405
229
246
-70
-220
-418
55
143
150
-294
130
314
-297
-66
-482
251
Developing countries
Petroleum
Manufacturing
Other
31,800
1,518
11,545
18,737
37,584
2,648
13,377
21,559
44,680
6,122
15,140
23,418
53,206
56,182
12,346
19,358
24,478
53,157
16,040
19,257
17,860
5,587
950
1,736
2,901
6,967
3,474
1,703
1,790
1,150
-2,204
2,345
1,009
3,156 -3,073
2,054 3,554
1,566
87
-465 -6,715
2,264
-236
126
2,374
2,857
603
588
1,666
2,818
2,286
655
-123
-3,279
-2,858
498
-919
-1,898
1,143
314
-3,355
-5,928
3,099
233
-9,260
Latin America
Petroleum
Manufacturing
Other
27,514
2,786
9,614
15,114
31,770
3,088
11,153
17,530
35,220
4,026
12,440
18,754
38,761
4,380
14,590
19,790
38,864
4,814
15,811
18,238
33,039
6,465
15,625
10,948
4,192
(•)
757
3,435
3,949
64
769
3,115
4,014
202
1,461
2,351
3,362
931
1,272
1,159
-37 -5,820
2,833
324
349
1,584
2,040
1,191
-75
443 -1,552 -7,328
2,526
-27
299
2,254
2,096
133
544
1,420
438
142
585
-533 -3,534
25
60
330
557
-1,150 -3,889
-7,684
1,311
393
-9,388
Other
Petroleum
Manufacturing
Other
4,286
-1,268
1,932
3,623
5,814
-440
2,224
4,029
9,460
2,096
2,700
4,664
14,445
17,319
7,532
3,547
6,239
20,118
9,574
3,632
6,912
243
-64
-13
320
1,573
748
275
550
3,605 -1,683
2,544 -2,553
431
305
631
566
3,193
1,730
375
1,088
2,746
1,971
162
614
-262
-209
-173
119
761
470
44
247
2,380 -2,745
2,143 -2,918
70
-59
166
231
1,637
1,119
-16
534
1,756
1,789
-160
127
4,070
3,913
3,700
3,955
4,780
5,110
-165
-86
179
667
259
-127
-151
-14
-50
-67
International
17,816
3,226
Reinvested earnings of incorporated affiliates
64
-72
Fees and royalties
Income
All areas
Petroleum
Manufacturing.
Other
6,396
786
2,604
3,006
11,343
1,505
5,579
4,260
18,964
5,414
7,616
5,934
17,017
4,633
6,066
6,317
13,483
4,160
3,495
5,828
5,323
380
1,122
3,821
19,673
5,331
6,655
7,687
25,458
6,010
9,980
9,468
38,183
13,292
13,054
11,837
37,146
13,181
11,053
12,911
32,446
13,292
8,188
10,966
22,888
10,333
5,209
7,346
40
2,738
1,105
4,705
196
3,008
1,502
4,980
325
3,429
1,226
5,780
239
4,068
1,473
5,813
224
3,947
1,642
5,572
351
3,652
1,569
Developed countriesPetroleum
Manufacturing
Other
Canada
Petroleum
Manufacturing
Other
4,506
580
1,974
1,953
8,548
1,065
4,430
3,053
14,679
4,204
6,568
3,906
12,395
3,932
4,220
4,243
7,712
2,718
2,243
2,751
2,143
-416
1,268
1,290
11,888
2,073
5,428
4,387
16,230
2,500
8,101
5,629
24,918 24,638
6,938 8,632
11,018 8,374
6,962 7,632
18,860
7,121
5,817
5,922
13,510
5,011
4,334
4,165
3,497
150
2,532
814
4,054
204
2,773
1,077
4,181
225
3,100
857
4,841
253
3,655
933
4,734
295
3,451
988
4,600
334
3,314
951
1,630
646
543
442
1,821
598
754
469
3,003
1,052
1,156
795
1,358
1,037
1,194
1,920
404
778
738
812
438
82
292
3,253
1,014
1,226
1,014
3,516
1,043
1,422
1,051
5,517
1,890
2,031
1,596
5,855
1,986
1,835
2,034
4,250
995
1,844
1,411
2,919
1,087
918
914
791
48
546
197
811
41
595
175
886
50
658
178
931
67
713
151
973
64
742
166
964
77
702
185
Europe
Petroleum
Manufacturing
Other
2,381
-201
1,244
1,337
5,574
221
3,141
2,212
10,627
2,884
4,873
2,870
7,610
2,236
2,822
2,552
4,515
2,039
829
1,648
1,237
-943
1,187
993
7,211
747
3,692
2,772
10,350
975
5,693
3,682
17,086
4,453
7,965
4,668
15,991
5,879
5,645
4,468
11,766
5,328
2,813
3,625
9,153
3,369
2,963
2,821
2,231
79
1,666
486
2,561
139
1,742
680
2,646
149
1,997
500
3,176
156
2,459
561
3,021
187
2,259
575
2,985
212
2,233
539
Other
Petroleum
Manufacturing
Other
495
135
186
174
1,153
245
535
372
1,049
269
539
242
1,196
338
361
498
1,277
275
636
365
94
89
-1
5
1,424
312
511
601
2,363
481
986
896
2,315
595
1,023
2,792
767
894
1,130
2,844
797
1,161
1,438
555
453
430
475
23
320
132
683
24
436
222
650
26
445
178
734
30
483
221
740
44
449
246
651
44
379
227
Developing countries
Petroleum
Manufacturing
Other
1,928
236
631
1,062
2,730
347
1,149
1,235
4,149
1,189
1,048
1,913
4,429
654
1,846
1,928
5,053
911
1,252
2,891
2,854
455
-146
2,546
7,685
3,173
1,227
3,285
9,075
3,357
1,879
3,839
13,004
6,235
2,036
4,733
11,894
4,138
2,679
5,077
12,625
5,444
2,371
4,810
8,634
4,638
875
3,122
661
167
206
876
211
235
431
1,008
315
329
364
1,227
278
413
536
1,332
189
496
648
1,180
228
337
615
Latin America
Petroleum
Manufacturing
Other
1,423
91
471
861
1,918
69
917
931
2,924
788
687
1,449
3,366
289
1,483
1,594
3,497
299
861
2,337
1,865
273
-468
2,059
3,712
380
931
2,401
4,779
434
1,487
2,858
6,520
1,392
1,501
3,627
6,968
961
2,136
3,872
6,127
1,064
1,755
3,307
2,851
954
304
1,593
299
40
119
139
372
40
141
190
422
49
200
173
581
48
265
268
671
67
287
316
584
71
187
325
Other
Petroleum
Manufacturing
Other
505
145
160
201
812
278
231
303
1,226
400
361
464
1,063
365
363
335
1,556
611
391
554
182
322
3,973
2,793
296
4,296
2,923
392
981
6,484
4,843
535
1,106
4,926
3,176
544
1,206
4,379
615
1,503
5,783
3,684
570
1,529
362
127
86
148
504
171
93
240
587
266
129
191
646
230
149
267
662
122
209
331
597
156
151
290
137
193
717
326
100
153
262
614
961
743
-225
-210
International
-38
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
D
-288
-253
23
SURVEY OF CURRENT BUSINESS
August 1983
Table 11.—U.S. Direct Investment Position Abroad, Yearend 1981
[Millions of dollars]
Manufacturing
All
industries
Petroleum
Mining
Total
Food
and
dndred
products
Chemicals
and
allied
products
Primary
and
fabricated
metals
Machinery,
except
electrical
Electric
and
electronic
equipment
Transportation
equipment
Other
manuacturing
Trade
Banking
Finance
(except
banking),
insurance
and real
estate
Other
industries
226,359
7,217
51,223
92,386
9,164
20,176
6,521
16,807
7,466
11,759
20,495
28,332
8,513
26,570
12,118
165,396
4,703
35,509
73,028
6,805
15,554
4,666
14,885
5,422
9,856
15,839
22,469
4,123
18,852
6,712
Canada
45,129
3,180
8,715
19,812
1,932
3,719
1,641
2,182
1,437
3,847
5,055
4,162
380
6,565
2,315
Europe
101,514
29
22,618
45,277
4,115
10,152
2,502
10,629
3,485
5,077
9,317
15,325
3,294
11,179
3,793
European Communities (10)
Belgium
Denmark
France
Germany
Greece
Ireland
Italy
Luxembourg
Netherlands
United Kingdom
80,646
6,288
1,377
9 132
15,840
346
2,701
5 275
615
8 813
30,260
26
19,150
803
786
41,212
3,194
269
5 519
10,049
86
2,176
3 283
230
3 312
13,093
3,728
133
9,446
1,320
2,428
127
2,951
526
4,368
8,185
53
1,042
1,633
50
1,121
728
261
612
(*)
61
149
196
725
7
44
594
589
2,251
(*)
-3
103
905
1,533
72
505
535
512
1,580
1,294
2,189
307
888
150
608
1,105
3,576
2,592
254
27
251
703
54
5
265
203
162
668
2,684
23
7,457
1,296
262
1,282
1,107
61
72
474
12
678
2,237
7,525
318
822
43
147
177
10,107
325
(*)
2,209
2,472
(*)
299
997
33
624
3,147
Other Europe
Austria
Norway
Portugal
Spain
Sweden
Switzerland..
Turkey
Other
20,868
597
2,291
299
2,876
1387
12,509
209
699
387
10
(*)
12
259
523
33
3
-1
85
535
55
76
709
(*)
0
-18o
161
31
192
647
1,132
25
53
30
294
51
o
(D)
4,065
142
153
120
1,892
528
1,035
38
157
702
-1
0
0
161
0
538
1
4
3,654
82
21
2
28
36
3,258
(*)
230
1,108
4
58
25
91
38
899
(D)
(D)
6,755
0
1,737
(D)
11,998
8 757
623
2,619
1,494
1,294
5
195
56,182
38,864
All countries
Developed countries
.
Japan
Australia, New Zealand, and South
Africa
Australia
. . . .
New Zealand
South Africa
Developing countries
Latin America
South America
Argentina
Brazil .
.
Chile
Colombia ...
Ecuador
Peru
Venezuela
Other
.
Central America
Mexico.
Panama
Other
Other Western Hemisphere
Bahamas
Bermuda
Netherlands Antilles
Trinidad and Tobago
Other
3,265
128
84
1091
0o
o
3 316
8,196
3
3,468
133
1,975
71
221
590
249
o
15
490
1,215
221
443
343
6
94
889
640
14
236
271
184
17
71
631
499
977
652
1,768
1,241
123
404
(D)
887
821
21
45
(D)
2
65
4,621
1,855
1,922
2,044
1,902
4,656
5,863
4,389
7,718
3,994
3,725
1,539
1,635
1,111
1,748
4,014
4,196
3,180
6,591
2,322
1197
269
502
17
88
27
3
276
21
2 078
362
1,048
28
181
15
29
398
16
926
66
466
18
22
1,222
276
907
1
10
0
1
24
3
551
34
395
4
48
901
309
2,534
295
1,499
1,507
200
575
80
98
45
75
408
25
997
251
494
84
16
1,250
28
974
5
24
2
4
177
37
752
97
213
(D)
(D)
-7
21
(D)
54
5,891
5167
303
421
655
436
90
129
1,436
1144
176
116
606
584
0
23
413
412
(*)
(*)
536
497
1
37
1,634
880
666
88
322
1,748
178
1,552
18
1,021
(D)
375
(D)
511
53
3
58
104
293
186
5
(*)
-1
7
175
211
47
0
7
C)
0
C)
24
2
(*)
2
3
17
1,056
303
586
17
12
139
1,860
1,478
116
20
11
(*)
9
96
9
55
32
160
79
78
0
1
81
10
39
32
148
4
2
0
2
144
121
8
15
244
66
38
12
16
178
74
39
65
245
176
12
94
70
152
98
37
17
(D)
21
873
306
15
9
10
141
130
94
103
41
24
828
(D)
512
(D)
215
230
80
2,440
1511
4,703
3,276
209
1,217
573
360
35
179
917
599
57
261
2,514
12,346
19,358
2,358
1,950
4,814
15,811
2,038
18 214
2,756
8,247
847
1,170
276
1,926
2,252
741
1474
69
2 826
498
438
98
315
C)
1
199
202
9 409
1,612
5,406
109
570
104
105
1,155
348
11,806
6 977
3,784
1,046
126
77
(*)
49
1,064
192
702
170
8,844
3 015
10,445
-7,172
933
1,623
351
924
283
-609
314
808
129
Middle East
Israel
OPEC
Other. .
1992
406
1,058
528
11,099
2,729
425
1 847
847
1,320
1,835
779
562
551
204
D
0
0
0
334
430
0
0
oo
430
31
o
399
o
0
0
0
3
(*)
0
0
0
10
4 780
6,376
2,687
1,532
933
461
139
1,155
13
4
1,138
443
67
20
14
33
375
(*)
75
301
707
193
162
29
2
(D)
302
4,138
271
44
1 501
497
263
755
315
37
406
49
2,911
467
316
141
242
564
587
161
341
26
67
6
10
1
o9
-3
0
(D)
14
12
1
1
300
13
3
9
198
9
33
15
12
3
24
102
8
o
94
(*)
52
43
27
15
13
(*)
767
124
165
26
30
160
22
61
93
29
57
21
67
o0
0
(*)
7
125
4
0
0
0
157
2
0
0
2
155
(*)
7
(D)
0
5
5
-1
2
10
(D)
0
(*)
15
35
49
2
-1
0
3
47
0
1
47
75
5 8
D
9
19
4
10
-49
847
846
203
34
31
40
D4
1,398
1,248
0
37
1
114
0
0
0
0
82
-1
D3
69
0
0
0
0
(D)
0
0
0
15
3
3
59
117
4
(*)
154
39
27
8
270
18
44
4
59
123
54
1
r
(*)
809
60
33
21
157
336
36
118
(D)
(D)
(*)
7
(*)
3
108
27
76
—2
50
15
C
5
1,305
751
6
20
68
93
155
55
66
72
21
553
645
C
C
C)
75
186
3,593
704
10,274
-7,762
186
2,716
D
54
D9
(D)
56
(D)
266
42 3
D
6
3
19
(D)
24
(D)
139
4
(*)
70
(D)
9
-4
(D)
1,412
3 368
(*) Less than $500,000 ( ± ) .
D
Suppressed to avoid disclosure of data of individual companies.
300
767
4,228
1,768
1,081
487
200
2,460
258
219
1,983
Memorandum—OPEC
106
228
185
6
763
4,666
(D)
(D)
139
1
5
116
1
581
1,185
7
3,236
1 4
256
577
14
359
46
-3
0
10
74
3
0
6
65 4
D
D5
D6
-3
52
6
0
(*)
o0
D3
7,868
238
70
85
500
195
6,530
7
243
70
13
30
448
69
91
(D)
40
Other Africa
Saharan
Egypt
Libya
Other
Sub-Saharan
Liberia
Nigeria
Other
Other Asia and Pacific
Hong Kong
India
Indonesia
Malaysia.
.
Philippines
Singapore
.
South Korea
Taiwan
Thailand
Other
0
2
(*)
3
1
D1
1,521
318
504
87
37
70
-48
862
August 1983
SURVEY OF CURRENT BUSINESS
24
Table 12.—U.S. Direct Investment Position Abroad, Yearend 1982
[Millions of dollars]
Manufacturing
All
industries
All countries-
Mining
Petroleum
Total
Food
and
kindred
products
Chemicals
and
allied
products
Primary
and
fabricated
metals
Machinery,
except
electrical
Electric
Transand
Other
electron- portation
manuequipic
facturing
ment
equipment
Trade
Banking
Finance
(except
banking),
insurance
and real
estate
Other
industries
12,026
221,343
6,574
55,697
90,685
9,273
20,092
6,123
15,857
7,464
11,330
20,546
27,261
9,568
19,533
163,076
3,750
35,845
71,428
6,818
15,722
4,195
13,994
5,469
9,476
15,753
21,734
4,512
19,018
6,789
Canada
44,509
2,168
8,652
19,730
2,069
3,911
1,515
2,184
1,463
3,358
5,230
4,063
391
7,121
2,383
Europe
44,126
3,982
10,187
2,393
9,710
3,517
5,233
9,104
14,828
3,677
10,550
3,700
2,309
126
(D)
246
671D
()
67
134D
()
267
779
9,253
223
3,028
509
(D)
181
734
10
43
646D
()
153
660
4,633
258
(D)
578
2,486
(•)
-1
88D
()
(D)
1,162
600
3
0
(D)
550D
()
-3
0
7
8,047
482
(D)
840
1,527
69
545
478D
()
(D)
3,588
1,057D
()
52
26
255
28
6,746
1,127
212
1,184
1,048
45
31
403
-13
747
1,961
2,962
236
6,688
49
2,579
(D)
Developed countries...
99,877
28
22,968
European Communities (10)..
Belgium
Denmark
France
Germany
Greece
Ireland
Italy
Luxembourg
Netherlands
United Kingdom
78,344
5,172
1,146
7,799
15,912
306
3,074
4,699
655
8,795
30,785
26
(D)
0
1
(*)
4
1
0
0
0
Other Europe...
Austria
Norway
Portugal
Spain
Sweden
Switzerland..
Turkey
Other
21,533
584
2,746
271
2,588
1,278
13,272
136
659
2
0
13
0
-18
0
0
6
0
40,299
19,045
3,004
660
270
596
4,768
1,069
10,099
3,205D
91
()
2,619
44
3,037
734D
240
()
3,248
3,382
12,924
9,249
3,827
3,923
142
108
150
2,426D
103
()
244
1,717
657
435
292
1,112
75
38
131
Japan
Australia, New Zealand, and South
Africa
Australia
New Zealand
South Africa
6,872
3,604
143
(D)
292
737D
()
195
156D
()
512
1,522
9,424
1,263
(D)
912
i,636
62
1,446
701D
()
1,336
1,974
379
13
(*)
10
231
762
(
24
486
63
94
0
83
(D)
7
(D)
8
51
3
0
C)
O
1,719
2,306
C)
325
835
37
570
3,239
456
33
(D)
-1
73D
()
128
4
(D)
728
726
0
1
1,235
1,078
46
112
1,372
626
655
91
451
(*)
0
0
0
0
C)
90
-1
3
873
299
D
1,995
1,056
1,713
71
138
3,777
629
448
79
569
225
10,199
1,718
5,958
60
651
133
106
1,278
295
1,328
273
561
5
108D
()
-3
337
2,217
368
1,108
27
1,054
73
621
17
25
(D)
22
Central America..
Mexico
Panama
Other
10,802
5,584
4,404
813
100
1,097
193
776
129
4,903
4,166
327
411
379
96
144
1,257
275
937
1
11
0
1
28
4
314
315
(*)
C)
1,864
3,393
11,199
-15,593
957
1,908
482
1,591
(D)
60
277
827
522
58
3
57
108
296
184
5
C)
-1
7
174
220
52
0
5,069
1,742
1,272
246
224
3,327
214
492
2,622
401
0
0
0
0
401
31
0
370
3,525
1,501
1,105
217
179
2,023D
()
3
9
1
0
8
-6
0
123
23
13
31
400
1,768
318
2,703
505
1,380
817
1,104
(D)
447
231
178
48
5
12,347
2,984
463
2,409
1,031
1,428
1,803
817
620
594
4,946
317
(D)
2,040
674
297
715D
()
64
428
63
(
C)
1
()
0
466
198
(
29
434
15
1,042
759
180
103
()
23
()
31
10
21
H
536
511
3
22
0
0
0
C)
4
C)
0
C)
0
0
0
159
2
0
0
2
158
C)
D
20
263
118
59
1
(D)
304
12
3
10
6
199
9
35
15
12
2
737
104
176
29
27
163
22
45
101
27
42
169
38
27
3
6
18
1,701
381
571
64
428
398
1
29
25
2
(*)
2
3
17
96 6
D
633
()
(
171
54
()
133
29
71
53
()
-3
37
C)
0
()
12
-4,373
2,131
1,615D
873
()
10,497
171D -16,173
()
(D)
333
178
3,584
()
58
767D
(D)
(D)
()
637
(DD)
()
46
(DD)
()
245
12
142
91
157
102
34
22
()
1,310
712
6
19
70
80
180
65
79
78
22
1,045
422
13
11
9
163
127
131
101
46
22
1,082
542D
()
7
7
(D)
171
668
262
313
C)
797
91
33
31
143D
()
277
55
130
2,111
164
1,927
21
()
-9
23D
269
70D
()
16
(D)
199D
()
41
C)
D
)
67
3
4
178
39
65
134
3
1
0
2
132
103
10
18
()
86
()
()
2
166
81
82
0
-1
86
10
106
20
56
4
1
0
3
51
0
1
51
7
5
-1
3
2,934
497
337
144
246
534
565
160
362
38
51
603
(D)
434
4
50
(D)
18
(°)
4
C)
D
3,812
5,110
•Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
709
93
223
5
10
-39
2,774
348
1,664D
()
233
46
30
427
1,863
20,373
2,979
9,031
854
1,655
405
2,262
2,371
816
D
2,113
1,403
36
1,102
D
)
1,928
South America..
Argentina
Brazil
Chile
Colombia
Ecuador
Peru
Venezuela
Other
7,550
-858
1,018
263
536
85
18
17
4,370
1,572
Memorandum—OPEC...
3,600
1,553
168
625
71
105
37
76
445
26
2,456
1,593
International
3,799
20
3,479
Other Asia and Pacific.
Hong Kong
India
Indonesia
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Other
4,099
250
167
15
69
2,132
Middle EastIsrael
OPEC
Other
1,694
835
583
16
236
15,625
Libya
Other
Sut>-Saharan.
Liberia
5,056
515
(
114
6,465
Other Africa..
Saharan
4,792
5,527
848
541
50
256
16,040
Other Western Hemisphere..
Bahamas
Bermuda
Netherlands Antilles
Trinidad and Tobago
Other
1,854
542
345
29
167
2,295
933
-13
1,096
1,049
16
31
4,116
2,798
189
1,128
33,039
Latin America
-2
29
15
3,495
C)
242
1,121
3
1,756
1,227
127
401
2,513
1,592
(D)
19,257
3,863
941
661
776
2,824
811
4,229
134
C)
4
124
1
461
251
225
53,157
715
(D)
0
0
159
0
534
372
69
1,087
3,456
1,554
1,375
2
177
262D
()
83
358
143
6,906
(D)
235
229
72 3
D
479
1,264
1,712
11,818
8,731
574
2,513
Developing countries...
489
59
71
(D)
114
42
187
4
()
703
60
5
331
232
146
949
26
(D)
495D
(D)
()
22
(D)
45D
()
11
- 6D
()
1,297
50
90
231
927
August 1983
25
SURVEY OF CURRENT BUSINESS
Table 13.—Equity and Intercompany Account Outflows, 1981
[Millions of dollars; inflows (-)]
Banking
Finance
(except
banking),
insurance
and real
estate
Manufacturing
All
industries
Mining
All countries...
-3,803
217
Developed countries..
-1,855
Canada
Europe.,
Petroleum
-623
132
107
245
-30
-438
-697
665
1,124
-4,130
60
-937
-73
105
208
23
-460
-727
591
279
500
-93
126
24
258
-740
23
-17
-384
-87
80
616
-684
11
-67
112 -1,057
62
-95
39
21
(D)
-90
-314
476
35
3
-50
-26
31
-31
135
-1,428
C)
24
0
25
-22
46
3
2
38
-5
(D)
4
-15
(D)
26
1
37
1
(*)
12
46
0
-25
(*)
4
7
-121
-40
-22
45
-45
-31
(D)
-25
54
(D)
-8
6
-22D
()
-3
1
-8
- 6D
()
(*)
2
-4
0
1
-14
103
1
(*)
0
(*)
0
0
0
0
0
0
()
-108
0
124
285
503
(D)
581
-4
24
(D)
-55
374
-8
6
21
359
-23
14
1
3
21
-17
Japan
81
Australia, New Zealand, and South
Africa
Australia
New Zealand
South Africa
69
18
10
41
-58
-59
2
C)
-315
-305
-1,898
223
-3,534
246
1,504
543
246
201
93
-65
254
176
56
213
C)
(D*)
110
-7
130
-13
(*)
-4
0
5
33
(D)
0
(D)
0
37
Other Western Hemisphere..
Bahamas
Bermuda
Netherlands Antilles
Trinidad and Tobago
Other
-5,149
143
-1,516
-3,449
-45
-281
270
-56
25
-89
8
326
-53
50
Other Asia and Pacific.
Hong Kong
India
Indonesia
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Other
(
0
0
-20
0
0
0
0
-20
45
(*)
-18
-20
6
314
205
72
330
174
67
414
50
43
5
28
407
260
81
139
(D)
52
(D)
-4
-1
1
14
42
28
2
11
-431
(D)
-468
D
(
-5
300
-67
16
-93
10
367
(D)
55
()
48
43
9
0
21
()
-16
0
-3
-13
1,415
258
-9
284
162
-41
333
219
22
175
12
964
C)
49
-7
-28
24
(•)
15
23
-16
-64
4
323
(*)
17
2
-20
-5
-2
-12
0
-3
C)
31
(*)
(D)
16
6
20
D
( )
—1
(D)
(*)
-1
O
77
-4
25
3
(•)
(*)
D
( )
10
6
(*)
-3
1
33
C)
C)
(*)
C)
D
)
-5
C)
()
-5
0
-5
0
0
(•)
-4
0
(*)
-4
-2
-2
C)
C)
(*)
0
0
22
(*)
-3
5
-2
1
15
-1
()
11
-20
()
-8
()
0
(D)
C)
D
( )
-3
(D)
0
0
396
-26
163
-57
10
(•)
-51
-3
24
51
0
104
85
59
-7
-4
30
-4
1
(D)
-5
(D)
12
34
363
19
-33
-42
2
127
(D)
29
1
0
0
32
(D)
C)
0
3
(D)
10
C)
(D)
(*)
-5
132
74
846
-4,630
649
-4,807
103
(D)
-16
C)
C)
3
(D)
C)
(*)
-79
-76
0
-3
18
-5
29
37
5
3
3
3
7
5
11
1
409
216
119
54
0
1
46
7
36
2
108
(D)
(D)
-2
-116
-17
(D)
C)
2
133
127
(D)
(D)
-2
-2
0
0
0
(*)
0
0
0
0
0
0
-3
(*)
(*)
0
0
-2
0
0
-2
1
0
0
0
0
1
0
0
1
-9
0
0
0
0
32
(D)
29
-4
0
(•)
74
71
-5
-1
(D)
9
-29
0
0
—1
-9
1
0
83
-
4 QL 3
D
108
98
7
3
-33
(D)
-8
7
1
C)
105
72
16
2
(*)
50
-79
34
30
(
()
108
()
16
11
23
(*)
C)
(*)
C)
2
1
-59
55
-14
-1
-22
14
-1
n
(*)
95
-17
-4,785
3
-968
-3,472
(D)
-26
-3
(*)
-3
(D)
-2
(D)
3
(D)
3
(D)
()
-7
()
25
-71
(D)
C)
1
(D)
(*)
1
3
D
( )
-8
217
25
-53
()
0
(*)
(D)
20
3
-1
0
0
-1
4
0
C)
-52
-38
290
(D)
5
18
-25
(D)
5
11
13
1
-3
C)
-120
-117
9
-13
()
-4D
( )
1
—9
35
1
15
-40
()
-2
C)
C)
6
4
-28
-26
-8
2
-4
-5
-2
15
~D°
1
0
C)
25
()
119
D
-38
24
66
1,143
-2
-14
12
C)
*Less t h a n $500,000 ( ± ) .
Suppressed to avoid disclosure of d a t a of individual companies.
0
C)
11
5
2
3
145
(D*)
Memorandum—OPEC..
413-743 0 -
-24
-44
148
127
10
10
-49
-6
-382
340
International
D
Other
industries
-1,117
-2,511
1,073
96
589
34
421
-24
-50
6
2
Trade
-2,189
56
Other Europe
Austria
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
Other
Central America...
Mexico
Panama
Other
Machinery,
except
electrical
-4
-4
-1
0
C)
0
(*)
-1
0
0
0
-2
South America..
Argentina
Brazil
Chile
Colombia
Ecuador
Peru
Venezuela
Other
Primary
and
fabricated
metals
676
-397
-119
69
89
310
9
-196
-27
-59
417
Latin America
Food
and
kindred
products
Electric
Transand
Other
electron- portation
manuequip- facturing
ic
ment
equipment
-2,681
European Communities (10)..
Belgium
Denmark
France
Germany
Greece
Ireland
Italy
Luxembourg
Netherlands
United Kingdom
Developing countries..
Total
Chemicals
and
allied
products
46
-11
C)
-1
(*)
(D)
107
(D)
C)
C)
C)
()
-2
()
C)
C)
(D)
26
August 1983
SURVEY OF CURRENT BUSINESS
Table 14.—Equity and Intercompany Account Outflows, 1982
[Millions of dollars; inflows (-)]
Finance
(except
banking),
insurance
and real
estate
Manufacturing
Canada
Europe
European Communities (10)
Belgium
Denmark
France
Germany
Greece
Ireland
Italy
Luxembourg
United Kingdom
Other Europe
Austria
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
Other
Australia, New Zealand, and South
Africa
Australia
New Zealand
South Africa
DeveloDinc countries
South America
Brazil
Chile
Colombia
Ecuador
Peru
Venezuela
Other
Bermuda
Netherlands Antilles
Trinidad and Tobago
Other
Other Africa
Saharan
Egypt
Libya
Other
Sub-Saharan
Liberia
Nigeria
Other
Middle East
Israel
OPEC
Other
Other Asia and Pacific
Hong Kong
India
Indonesia
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Other
International
Memorandum—OPEC
,
Machinery,
except
electrical
596
26
-31
-423
-388
829
59
-51
-512
-342
61
49
206
-81
151
862
286
106
-215
-62
444
_2
-425
-142
1
-78
-187
12
4
-85
29
71
93
123
12
1
-237
-96
-83
9
(*)
6
-18
1
2
7
0
44
-32
138
_7
2
5
215
-16
10
-1
48
16
(*)
0
(*)
4
1
1
-25
3
-3
-1
-15
(*)
C)
0
-4
24
(*)
5
1
1
21
0
C)
4
17
1
(*)
0
-8,331
-1,829
3,903
-2,337
-2,170
724
-2,124
-2,190
72
84
1
-216
311
-140
74
-151
49
-83
134
47
137
815
-1
o0
(*)
0
(*)
(*)
Total
-102
(D)
80
0
4
(*)
0
6
64
29
-62
11
1
-11
9
51
230
-1,161
699
-9,059
19
-51
205
-847
340
403
42
51
-187
155
-108
14
340
-48
133
37
129
64
-725
333
117
19
-134
94
(*)
134
43
0
-22
23
2
34
127
62
47
-2
-43
13
1
-4
-31
C)
-15
97
-502
-148
C)
29
47
294
13
-115
-15
88
9
1
-10
13
-1
301
18
440
29
232
114
-310
91
-37
0
418
o
-14
-305
0
-237
64
4
25
(D)
-46
8
72
49
-14
21
23
3
1
170
193
-418
400
-5
13
-5
3
(*)
-8
-16
12
-7
2
13
(D)
(D)
-13
3
-5,928
341
3,099
233
33
19
89
-7,684
364
1,311
393
24
50
112
1,049
248
789
92
-6
19
70
62
147
29
33
9
1
6
-24
-18
5
-9
10
34
8
4
1
7
5
1
13
97
1
130
2
2
(*)
(*)
o
0
o0
o0
(D)
426
23
-28
0
DO
(D)
(D)
(D)
3
(D)
D2
0
-2
(*)
15
67
(*)
1
-5
(*)
0
A
-185
-220
22
16
10
(D)
8
0
1
13
(*)
(•)
23
7
2
-8
23
28
7
8
1
-1
11
(*)
oo
1
0
1
2
(*)
0
0
0
0
0
0
o0
o0
o0
o0
655
-51
169
241
20
706
-21
155
572
21
0
2
0
0
3
3
0
0
591
11
-5
(*)
2
-3
6
0
2
_9
536
70
194
272
(*)
0
(*)
0
398
0
156
242
1
706
47
565
71
14
538
127
51
-204
35
-12
84
4
o
o1
o
0
81
o0
o0
42
7
—2
700
10
-2
(*)
(*)
34
-24
13
(*)
(*)
(*)
(*)
-1
(*)
-1
-1
(*)
-1
-4
-6
1
3
-7
(*)
-13
12
1
1
(*)
0
0
0
0
0
7
1
-62
0
(*)
0
0
-4
o0
2
22
-27
-10
(*)
0
-11
21
-3
0
-34
31
0
(D)
2
0
0
2
o
DO
1
0
o
0
2
—4
2
174
99
-5
0
0
0
0
5
0
0
-5
4
0
0
5
(D)
0
0
-2
0
1
-11
1
(*)
0
0
0
0
_7
(*)
1
(*)
56
32
0
-1
1
-24
8
-1
-5
3
(D)
(D)
-9,647
20
127
-9,542
C)
0
0
(•)
(?)
(D)
27
19
(D
)
(D)
(D)
(D)
5
5
P)
13
1
0
58
11
-2
2
-1
21
-8
37
-1
1
-2
-106
-107
31
2
31
3
1
22
1
-1
-1
3
C)
C)
D
-256
-32
0
C)
-14
-1
0
0
-2
(*)
(*)
0
(*)
0
(•)
0
1
(D)
133
0
54
1
6
2
1
3
-1
(*)
(D)
11
63
68
-2
3
(*)
0
0
C)
0
2
1
159
159
0
5
6
1
-22
32
60
13
(D)
-1
1
?)
106
34
(*)
(*)
-48
-39
(D)
15
14
(D)
-27
(*)
(*)
(*)
C)
1
C)
-146
80
-67
647
526
0
149
-16
2
_2
-27
-28
-107
4
-10
42
_2
47
41
9,556
—4
0
0
1
(•)
1
(*)
151
166
-4
11
-9,462
1
C)
0
2
3
1
1
0
1
0
6
4
1
0
283
-2
C)
0
1
C)
2
C)
2
-4
2
32
44
3
-16
359
-7
(*)
0
2
3
7
DO
25
-314
485
DO
29
-258
130
1
0
(*)
0
132
DO
-13
25
-9,094
116
202
9 606
11
205
?
-46
38
o
(*)
(
(D)
169
o2
3
r)
102
5
17
(*)
-12
(D)
5
10
(*)
2
C)
d?
21
0
o0
(°)
2
-41
21
1
(*)
1
o
0
4
-24
1
-215
46
2
20
18
(*)
70
-1
7
39
55
6
-10
o0
-2
1
0
0
6
0
17
5
-1
1
-2
44
41
2
1
0
21
(D)
0
-3
0
7
74
<•>)
329
358
6
-22
oo
C)
4
11
-205
(D)
1
DO
-2
-4
38
(D)
(*)
C)
37
-19
686
-29
176
243
38
715
-223
4
-1
116
P)
(•)
14
-12
(D)
1
0
50
-417
-37
6
-1
(D)
14
-3
251
-289
(*)
1
0
(*)
361
301
280
-221
(D)
51
-16
-1
21
-9
94
(D)
537
Trade
49
oo0
o
Other
industries
Other
manuacturing
o1
40
176
Banking
Transportation
equipment
-37
-86
0
109
1,020
o0
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
D
Primary
and
fabricated
metals
Petroleum
ooo
Other Western Hemisphere
Chemicals
and
allied
products
Mining
214
82
383
116
335
129
54
Central America
Mexico
Panama
Other
Food
and
rindred
products
All
industries
o
All countries
Developed countries
Electric
and
electronic
equipment
-2
14
(D)
27
SURVEY OF CURRENT BUSINESS
August 1983
Table 15.—Reinvested Earnings of Incorporated Affiliates, 1981
[Millions of dollars]
Manufacturing
All
industries
All countries
Mining
Petroleum
Total
Food
and
kindred
products
Chemicals
and
allied
products
Primary
and
fabricated
metals
Machinery,
except
electrical
Electric
Transand
Other
electron- portation
manuequip- facturing
ic
ment
equipment
Banking
Trade
Finance
(except
banking),
insurance
and real
Other
industries
13,483
118
4,160
3,495
701
1,187
136
336
277
-314
1,173
1,695
243
2,837
936
7,712
47
2,718
2,243
504
1,006
17
155
(*)
-159
720
1,211
2
1,111
381
Canada
1,920
-48
404
778
153
221
46
204
103
-145
195
221
13
307
246
Europe..
4,515
-2
2,039
290
682
-194
-132
-157
408
-50
743
295
7
(D)
14
-13
(*)
41
16
(D)
51
169
645
62
(*)
18
77
(D)
296
14
(D)
32
142
-50
-17
_2
-17
-3
-11
6
-6
0
-3
4
-157
-16
-1
-137
-127
0
45
-5
-5
-39
127
-59
-9
-5
2
36
1
1
-2
23
-2
-18
C)
(*)
-37
-119
-13
(D)
-11
-86D
()
2
-23
C)
7
1
- 1 3D
()
7
-2
-37
(*D)
(D)
()
(*)
20
445
106
2
7
(D)
1
(D)
4
(D)
119
85
298
Developed countries-
European Communities (10)..
Belgium
Denmark
France
Germany
Greece
Ireland
Italy
Luxembourg
Netherlands
United Kingdom
3,557
92
34
-246
-15
-9
510
-9
28
352
2,820
1,997
-4
48D
()
100
(
-41
(D)
269
1,592
13
17
-237
-144
-11
429
27
14
49
831
Other EuropeAustria
Norway
Portugal
Spain
Sweden
Switzerland..
Turkey
Other
958
-37
24
12
-232
-60
1,244
-5
11
42
-23
26
2
13
11
16
-3
-1
-160
11
3
1
-218
-28
69
-1
4
Japan
400
146
259
Australia, New Zealand, and South
Africa
Australia
New Zealand
South Africa
877
596
41
240
130
77
377
250
7
120
32
24
2
6
65
51
1
12
1,252
197
181
Developing countries..
Latin America
5,053
3,497
299
South America..
Argentina
Brazil
Chile
Columbia
Ecuador
Peru
Venezuela
Other
425
-236
274
108
61
17
10
167
25
146
50
22
2
16
(D)
2
41
Central America...
Mexico
Panama
Other
1,377
955
404
18
126
14
107
4
Other Western Hemisphere..
Bahamas
Bermuda
Netherlands Antilles
Trinidad and Tobago
Other
1,695
154
878
587
27
48
28
(
29
-4
185
21
18
1
2
164
-19
152
31
140
-3
-4
-1
2
143
C)
141
2
Other Africa..
Saharan
SEE::
LibyaOther..
Sub-Saharan...
Liberia
Nigeria
Other
Middle East...
Israel
OPEC
Other
Other Asia and Pacific.
Hong Kong
India
Indonesia
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Other
International
Memorandum—OPEC..
281
31
117
133
1,090
404
30
179
52
93
294
-16
35
15
4
(
0
-9
0
0
0
0
(
0
0
0
(*)
0
0
0
0
(•)
-1
146
1
325
(D)
5
148
13
(*)
-1
19
172
146
-9
-290
157
6
93
(D)
20
C)
15
1
-10
42
5
-32
-8
5
C)
3
-1
36
2
122
96
27
791
32
13
338
53
25
28
38
13
178
-36
30
79
-1
-1
3
3
1
3
1
(*)
9
5
1
3
181
277
127
69
(D)
99
C)
1
0
(*)
(*)
-15
14
1
6
2
2
-3
2
97
91
70
69
0
1
1
0
0
0
0
1
33
4
1
17
11
7
(*)
7
119
81
50
-1
32
C)
0
0
(•)
3
0
1
3
2
2
C)
(*)
20
(D)
O
2
C)
13
1
4
(•)
-2
()
9
(*)
6
3
-3
-7
4
C)
26
9
9
7
-2
15
2
-23
(*)
D
2
-6
6
4
(
(*)
-1
728D
()
- 8D
()
-6
-24
773
-2
11
137
82
11
45
()
37
-1
-156
-175
406
295
-346
(D)
-73
2
((D))
C)
-1
155
-15
106
-4
17
27
-32
2
14
-2
6
6
31
2
171
171
0
C)
239
238
1
C)
9
C)
0
0
2
0
122
62
35
1
C)
24
9
C)
0
9
1
4
3
160
17
1
10
39
5
66
(D)
22
-4
174
136
1
(*)
3
-3
20
12
4
1
1
636
C)
6
C)
-64
123
-1
-20
-18
330
0
13
()
-3
C)
D
)
-3
13
37
65
65
2
-2
34
25
C)
10
242
1,726
134
1,628
(*)
52
10
37
1
4
(D*)
(*)
146
110
35
1
6
-1
-1
0
(*)
7
C)
1
-1
0
(*)
-19
-1
C)
-1
17
8
-4
-48
-16
(*)
0
0
0
0
23
C)
0
0
(•)
23
0
-1
25
-1
C)
C)
14
(*)
(•)
-1
0
0
0
-5
(D)
2
-4
0
141
-16
-33
-33
6
4
14
-22
-1
-16
238
44
5
24
(•)
1
C)
C)
12
2
224
1
C)
-2
14
11
12
0
-1
3
C)
3
(*)
- 1D
()
(*)
1,360
61
786
500
C)
14
(
(*)
(*)
0
C)
(D)
-9
1
200
74D
()
27
C)
3
59
(DD)
()
2
68
(D)
(D)
6
(D)
2
(D)
12
(D)
(*)
()
-10
-7
()
13
96
(
2.
-2
4D
()
2
2
-9
2
531
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
861
31
24
(*)
0
-13
-23
(*)
(*)
D
)
65
C)
-67
187
717
349
D
_4
(D)
0
(
-2
-1
0
(*)
(
4
- 3 6D
()
(*)
-2
-9
125
46
56
48
34
August 1983
SURVEY OF CURRENT BUSINESS
28
Table 16.—Revinvested Earnings of Incorporated Affiliates, 1982
[Millions of dollars]
Finance
Manufacturing
All
industries
All countries
Developed countries
5,323
2,143
Petroleum
Mining
Total
380
-141
416
-112
1,122
1,268
Electric
Transand
Other
electron- portation
manuequipic
facturing
ment
equipment
Food
and
tindred
products
Chemicals
and
allied
products
Primary
and
fabricated
metals
Machinery,
except
electrical
386
248
-79
909
290
414
921
-58
121
59
306
165
158
193
banking),
insurance
and real
estate
Banking
Trade
555
551
Other
industries
361
2,858
95
723
33
127
188
812
-149
438
82
122
-6
-9
148
79
270
17
93
-2
Europe
1,237
C)
943
1,187
155
432
-72
709
-14
162
185
588
83
451
129
111
2
214
145
-176
228
2
1
0
0
-1
0
2
518
143
o0
-7
117
305
Australia, New Zealand, and South
Africa
Australia
New Zealand
South Africa
Developing Countries ..
Latin America
South America
Argentina ..
Brazil
Chile
Colombia
Ecuador
Peru
Venezuela
Other
Mexico
Panama.
Other
Other Western Hemisphere
Bahamas
Bermuda
Netherlands Antilles
Trinidad and Tobago
Other
Other Africa
Saharan
EevDtl
TVS r
Other
Libya
Sub-Saharan
Liberia
Nigeria
Other
. .
Other Asia and Pacific
Hong Kong . .
India
Indonesia
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Other
International
0
o0
-18
-1
-3
1
11
o
o
(•)
o
o
H
o
18
2
1,386
-41
10
-135
368
-11
491
286
19
77
360
160
1
12
-5
20
199
5
6
-14
-294
4
82
1
23
5
2
44
22
18
89
C)
-12
1
5
(*)
0
395
42
(*)
39
5
1
330
27
-4
-12
46
37
-1
—2
13
-3
9
(*)
264
0
130
216
21
16
170
-144
11
-36
38
54
(*)
-16
41
-58
217
-178
-6
-33
9
-15
3
9
-27
-36
1
8
2,854
-29
455
-146
96
1,865
-19
273
-468
1,077
222
-8
2
157
39
26
38
568
-86
5
(*)
7
62
234
(*)1
0
5
-69
_9
(*)
(*)
-1
2
36
327
C)
21
-31
8
2
-22
1
-2
1
-28
(*)
5
_2
2
0
0
0
-10
-3
(*)
C)
1
95
10
-7
1
134
1
64
-4
7
134
0
(*)
3
3
1
(°)
(D)
(*)
0
-3
5
(D)
-52
-1
21
88
61
C)
(D)
14
-7
30
563
-20
10
2
7
-47
605
C)
5
28
-2
0
0
8
0
17
-91
2
-39
-56
16
16
-21
40
(D)
(D)
4
1
-59
14
C)
1
14
-2
23
-4
C)
-131
238
47
(*)
10
(*)
1
15
290
0
(D)
33
-4
ii
11
10
-1
2
54
56
1
-3
23
26
r)
9)
7
12
63
-141
35
4
266
2,135
170
88
-202
-58
27
42
-216
-11
110
106
2,042
40
697
168
394
-31
58
16
(*)
121
-28
148
9
68
(D)
18
1
(*)
53
135
41
52
(*)
12
31
6
25
3
1
(*)
57
36
3
61
22
(*)
27
(*)
2
54
61
-9
27
-2
36
(*)
1
229
45
147
-21
25
5
(*)
38
11
1 181
60
-76
5
12
345
-350
9
-4
89
-88
2
-3
84
248
-249
-225
233
8
17
5
(*)
1
1
9
(*)
(*)
0
(*)
(*)
8
5
(*)
0
C)
0
123
-2
-3
1
2
125
(*)
118
8
30
4
2
1
1
27
(*)
5
22
-1
-1
0
o0
5
-1
-16
21
32
14
17
1
2
1
1
C)
-5
0
54
11
260
47
23
6
24
22
161
-4
15
-32
-2
7
1
(*)
1
1
3
1
2
-1
-1
166
55
(O)
o2
2,086
227
1
1
(*)
34
g
16
oo
2
0
C)
6
0
0
o0
-6
(D)
DO
o
29
114
0
o
-5
(*)
0
0
0
0
(*)
-1J207
16
10
(*)o
169
460
43
187
86
0
C)
-21
12
-12
ooq
17
-10
43
62
240
7
25
-41
3
2
1
29
42
25
67
13
-59
-59
-166
21
26
(D)
-83
-17
-18
(*)
O
-1,299
-1,520
207
14
680
3
-21
37
(*)
0
(*)
35
78
141
24
21
(*)
3
117
-35
118
34
-6
13
-31
0
861
886
8
63
-1
30
24
111
12
2
227
701
8
-63
-9
(D)
124
12
73
32
-17
42
(*)
1
-16
7
C)
- 1o
(*)
o
(*)
24
14
2
(*)
1
0
84
0
(*)
0
o0
1
(*)
0
C)
0
0
13
2
5
C)
0
o
(*)o
1
1
0
1
(*)
7
-1
2
5
0
1
7
o
79
83
(*)
277
1
4
-277
0
C)
1
(*)
C)
0
8
0
0
0
0
(*)
(*)
1
3
(*)
C)
0
(*)
3
0
(*)
3
0
(*)
5
0
0
0
0
5
0
0
5
(*)
9
W
D3
0
(*)
0
0
(*)
9
9
1
1
9
(*)
2
(*)
6
5
6
92
9
68
(*)
(*)
(*)
C)
C)
21
7
31
8
3
2
-3
8
-15
7
2
5
(*)
—4
9*)
n
22
7
1
(*)
2
-3
0
7
0
0
4
(*)
1
(*)
-7
2
50
1
35
3
-3
5
2
3
54
28
13
1
1
11
2
C)
2
61
1
7
(D)
(D)
15
(*)
2
5
3
-1
1
W
C)
194
-13
207
(D)
-10
2
65
10
1,770
146
14
737
833
56
26
24
(*)
C)
54
1
-1
1
0
(*)
8
8
-1
1
1
3
(D)
6
7
69
-1
(*)
21
15
0
0
-1
(*)
-1
C)
6
11
3
7
1
37
(*)
5
105
63
(*)
101
93
92
56
0
(*)
1
3
2
(*)
-1
3
C)
(*)
1
5
15
4
1
H
(*)
2
-3
3
41
C)
0
0
(°)
3
-7
19
8
10
8
1
6
7
(°)
50
2
65
1
79
1
6
-5
6
C)
-1
(*)
-1
(*)
o1
(*)
-87
1
1
118
73
64
15
341
6
•Less than $500,000(±).
Suppressed to avoid disclosure of data of individual companies.
D
(D)
168
9
3
-133
C)
100
180
-1
326
OPEC
925
-123
3 tO
Japan
Memorandum
(*)
490
602
53
-6
10
-283
91
1,012
12
22
Other Europe
Austria
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
Other
Middle East
Israel
OPEC.
Other
635
54
CD
European communities (10)
Belgium
Denmark
France
Germany
Greece
Ireland
Italy
Luxembourg
Netherlands
United Kingdom
coco
"H 1
Canada
222
<•>)
c>
4
m
SURVEY OF CURRENT BUSINESS
August 1983
29
Table 17.—Income, 1981
[Millions of dollars]
Finance
(except
banking),
insurance
and real
estate
Manufacturing
All
industries
Mining
Petroleum
Total
Food
and
kindred
products
Chemicals
and
allied
products
Primary
and
fabricated
metals
Machinery,
except
electrical
Electric
Transand
electron- portation
equipic
ment
equipment
Other
manufacturing
Trade
Banking
Other
industries
32,446
802
13,292
8,188
1,264
2,262
433
1,323
626
122
2,157
3,331
2,241
3,009
1,583
18,860
586
7,121
5,817
847
1,842
237
1,064
240
112
1,475
2,373
363
1,862
738
Canada
4,250
271
995
1,844
220
449
141
316
144
52
522
353
34
436
318
Europe
11,766
-10
5,328
2,813
484
1,188
30
450
33
-96
723
1,708
266
1,323
338
European Communities (10)
Belgium
Denmark
France
Germany
Greece
Ireland
Italy
Luxembourg
Netherlands
United Kingdom
8,907
177
93
148
849
36
573
385
50
1,218
5,379
-10
4,364
3
69
451
11
12
21
39
C)
66
26
(•)
53
223
1,119
92
2
98
199
1
372
50
(D)
(D)
228
44
(D)
1
_g
45
(D)
7
1
0
2
22
460
(D)
1
371
2
(D)
46
(*)
971
2,880
2,787
90
24
49
387
-4
541
265
25
180
1,231
25
14
6
4
-27
(*)
3
4
3
28
6
74
(D)
4
33
76
(*)
1
4
4
(D)
-7
614
39
1
15
80
(D)
49
80
(D)
4
445
448
24
-1
2
41
4
17
16
-1
14
332
195
-34
-4
_9
-19
32
1
37
13
-14
192
910
105
2
(D)
68
1
(D)
9
12
62
553
213
-10
2
3
2
1
(*)
12
C)
5
198
Other Europe
Austria
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
Other
2,859
1
944
32
-81
2
1,896
1
68
1
0
1
0
-1
0
0
(*)
0
965
-5
922
5
1
(D)
30
4
(D)
25
17
15
10
-162
(D)
120
2
(D)
33
2
(*)
3
16
(D)
(D)
1
0
69
2
2
1
(D)
1
(D)
2
(D)
-14
8
9
12
2
-35
2
23
(*)
-170
0
0
2
(D)
2
108
2
1
7
11
7
69
71
2
0
0
22
0
48
-1
1
413
-4
2
(*)
1
-8
415
(*)
14
125
2
4
7
31
3
68
2
6
929
0
330
494
48
85
12
24
24
1,915
1,362
61
491
325
282
2
41
467
354
(D)
(D)
667
396
15
256
95
40
3
52
120
79
4
37
55
42
39
37
12,625
217
5,444
2,371
417
421
6,127
183
1,064
1,755
371
South America
Argentina
Brazil
Chile
Colombia
Ecuador
Peru
Venezuela
Other
1,669
103
499
161
59
52
405
297
94
116
7
7
552
94
339
26
75
12
12
138
46
211
74
34
3
23
1
C)
508
180
-74
14
-26
(D)
(D)
29
17
Central America
Mexico
Panama
Other
1,931
1,359
586
-14
-19
-9
(*)
-9
164
28
153
-17
Other Western Hemisphere
Bahamas
Bermuda
Netherlands Antilles
Trinidad and Tobago
Other
2,527
1,054
1,247
-399
210
414
85
(*)
0
1
0
84
Other Africa
Saharan
Egypt
Libya
Other
Sub-Saharan
Liberia
Nigeria
Other
1,056
787
689
135
-37
269
-57
213
112
Middle East
Israel
OPEC
Other
Other Asia and Pacific
Hong Kong
India
Indonesia
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Other
All countries
Developed countries
Japan
Australia, New Zealand, and South
Africa
Australia
New Zealand
South Africa
Developing countries
Latin America
International
Memorandum—OPEC
C)
0
—3
0
1
0
0
0
0
-8
413-743 0 - 83 - 5 QL 3
_Y
-26
0
43
115
(D)
25
314
C)
0
(D)
C)
13
1,260
11
4
11
29
15
1,214
1
27
184
38
67
60
53
12
114
73
-1
41
24
(D)
1
(D)
89
(D)
-1
(D)
171
100
8
63
260
155
(D)
(D)
1
79
76
2
1
196
259
386
10
682
958
1,878
1,146
326
145
211
151
-29
581
566
1,384
1,000
173
49
1
7
(D)
3
1
3
(D)
(D)
140
249
—6
159
-4
27
3
5
64
1
134
— 17
37
24
7
7
10
60
6
224
73
116
(D)
(D)
(D)
(*)
1
14
75
7
39
1
1
29
— 12
27
1
7
3
2
-3
2
214
— 107
-66
(D)
-5
(*)
58
18
89
32
30
11
19
4
2
53
2
58
-53
34
6
12
1
2
47
9
1,125
1,063
38
23
123
103
9
11
213
186
27
(*)
95
92
0
3
71
71
0
(*)
120
114
(*)
6
185
184
0
1
317
313
2
2
267
175
93
-1
55
(D)
43
(D)
290
51
238
2
49
392
(D)
(D)
(D)
203
13
78
(D)
2
(D)
(*)
53
37
(*)
0
23
(D)
1
(D)
-2
2
1
0
0
0
0
1
O
2
0
(*)
0
0
0
C)
(*)
0
0
0
0
(•)
15
1
1
1,105
878
(D)
(D)
1
151
634
63
1,138
-648
1
80
67
39
14
6
1
6
(D)
0
0
0
0
(D)
1
0
(D)
922
713
643
130
-61
209
(D)
198
(D)
60
3
2
1
(*)
57
4
(*)
0
0
16
3
2
0
1
14
23
4
8
5
0
0
(*)
23
0
-1
25
1
1
0
1
(*)
(•)
0
(*)
0
1,455
56
1,225
174
0
0
0
0
1,019
4
903
112
21
16
5
(*)
-6
-6
-1
(*)
-1
(*)
(*)
i
1
1
(*)
(•)
3,986
679
50
2,159
265
202
479
33
89
38
7
(D)
0
0
(D)
2
0
0
0
0
(•)
1
2,438
31
12
2,056
(D)
(D)
100
2
1
28
-28
534
72
32
(D)
(D)
62
236
-29
49
7
14
85
22
14
9
3
31
2
-21
6
8
12
28
5
(*)
(D)
(D)
1
(D)
(•)
46
2
8
(*)
1
(*)
34
1
-1
0
(•)
(°D)
(0)
(D)
(*)
961
4,142
C)
9
48
C)
O
2
35
C)
3
0
1
3
2
2
W
(•)
41
2
-2
4
1
27
1
6
4
-2
1
C)
C)
1
(•)
-15
1
1
0
(•)
C)
C)
C)
-1
0
-10
1
C)
1
-10
2
C)
(*)
(*)
H
148
O1
0
C)
C)
C)
(DD)
()
C)
C)
5
(*)
C)
22
3
19
3,378
78
(*)
16
14
165
86
45
3
5
27
3
1
0
0
0
0
1
0
0
1
11
-1
0
1
-1
11
0
1
10
15
1
1
(*)
-1
14
1
9
4
37
28
30
0
_1
9
3
4
3
(D)
2
1
0
(*)
(D)
(D)
1
(D)
44
40
13
3
25
4
-5
-7
16
12
12
1
0
(•)
(•)
(*)
(•)
13
7
6
0
73
15
45
13
93
(*)
46
47
14
8
3
2
236
13
223
C)
219
20
3
11
41
15
99
5
28
-3
(•)
37
(*)
1
(*)
1
(D)
(D)
-21
5
0
0
77
21
7
14
7
(D)
(D)
1
8
5
1
305
205
1
(D)
(D)
6
36
17
10
9
5
363
140
5
16
4
34
100
33
25
2
4
(D)
99
1
(D)
1
(D)
5
19
158
132
C)
21
3
16
2
-9
0
0
C)
1
C)
(*)
0
(*)
4
0
C)
C)
(*)
C)
(*)
1
-2
234
727
•Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companie:
D
(D\
\ )
210
64
74
12
2
12
-40
88
128
72
28
309
August 1983
SURVEY OF CURRENT BUSINESS
30
Table 18.—Income, 1982
[Millions of dollars]
Finance
(except
banking),
insurance
and real
estate
Manufacturing
All
industries
Mining
Petroleum
Total
Food
and
kindred
products
Chemicals
and
allied
products
Primary
and
fabricated
metals
Machinery,
except
electrical
Electric
and
TransOther
electron- portation
manuic
equipfacturing
equipment
ment
Banking
Trade
Other
industries
22,888
161
10,333
5,209
1,017
1,279
102
1,769
453
95
494
2,026
2,700
1,542
917
13,510
133
5,011
4,334
708
1,190
73
1,633
295
223
212
1,559
749
1,264
460
Canada
2,919
108
1,087
918
216
132
33
259
120
15
143
229
17
566
210
Europe
9,153
1
3,369
2,963
381
995
5
1,188
149
234
20
1,309
714
604
193
European communities (10)
Belgium
Denmark
France
Germany
Greece
Ireland
Italy
Luxembourg
Netherlands
United Kingdom
6,722
2
2,940
C)
365
7
17
4
27
(*)
74
30
927
57
2
31
140
(*)
419
52
2
67
155
1
(D)
4
-18
54
(D)
3
2
0
11
41
1,150
174
77
-83
2,358
-105
152
-30
3
17
31
(*)
7
77
4
46
1
357
(D)
3
-21
283
(*)
1
1
(D)
4
33
-12
-44
\
-46
78
(D)
74
33
(D)
7
-96
336
87
37
-9
-18
2
9
11
-1
56
161
718
18
1
21
91
22
4
53
20
-6
494
274
148
4
5
58
1
23
14
-4
49
83
94
4
2
Other Europe
Austria....!
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
Other
2,431
-6
(*)
38
(D)
-3
4
3
-1
26
-123
32
(D)
-1
(D)
34
(D)
64
0
0
C)
(D)
972
-6
24
4
43
-29
904
7
26
-3
-1
0
0
3
0
-9
4
1
330
(D)
(D)
(*)
(*)
0
69
(*)
(*)
(D)
26
(*)
21
1
(D)
All countries
Developed countries
1,103
30
615
469
12
1,201
3,124
-26
1,035
-1
0
11
(D)
145
(D)
-45
-139
(•)
964
1,681
1,011
-20
1,016
D
22
22
113
813
-8
622
507
4
269
583
22
11
1
-5
C)
52
154
16
3
C)
C)
-13
145
199
0
44
311
5
82
378
C)
C)
18
(*)
(*)
2
0
-3
117
-2
1
0
-3
C)
13
1
23
C)
-34
119
99
(
24
56
0
(•)
0
0
(•)
0
Japan
657
0
271
401
50
31
1
(D)
23
(D)
13
-44
5
26
Australia, New Zealand, and South
Africa
Australia
New Zealand
South Africa
782
561
26
194
240
249
(•)
9
284
194
(D)
(D)
52
-28
2
78
60
11
-1
50
32
2
3
27
44
31
1
13
-23
(D)
14
(D)
3
2
(*)
5
(D)
-79
(D)
-27
37
33
8
-5
66
11
8
47
12
11
-1
2
67
74
-4
2
8,634
28
4,638
875
309
88
29
136
158
-128
282
467
1,951
278
398
2,851
11
954
304
281
23
-10
86
-2
-210
182
109
1,330
165
-22
2,241
(*)
2
9
-6
(D)
0
(D)
1,214
254
36
98
(*)
31
-1
3
70
15
218
20
90
3
40
(D)
(D)
56
(•)
62
11
37
(D)
2
(*)
(*)
4
(D)
163
(D)
107
(D)
1
0
D
()
-1
(D)
368
66
219
-16
42
6
1
61
-11
153
8
62
3
3
-4
5
69
5
160
68
86
-1
9
-3
(D)
(D)
(D)
10
-25
28
3
8
-1
86
(D)
61
(D)
-1
(D)
-1
23
(D)
111
4
75
C)
(*)
592
116
50
4
92
(D)
(D)
54
75
1
(D)
20
(D)
()
5
-297
-297
-199
-204
-149
-203
108
-4
113
-2
306
17
288
2
-92
(D)
-20
13
1
105
64
16
2
5
17
1,061
-253
779
14
(D)
1
(D)
1,438
-1,888
18
28
4
1
8
4
4
49
32
32
0
-33
2
2
0
(*)
-35
-40
1
4
7
19
13
2
3
-12
-18
-8
14
Developing Countries
Latin America
South America
Argentina
Brazil
Chile
Colombia
Ecuador
Peru
Venezuela
Other
-11
-75
-22
0
-1
0
2
0
0
0
0
1
1,451
393
871
-20
229
37
301
354
75
()
28
-33
49
(D)
26
-158
40
108
1
24
219
662
-22
119
19
(D)
213
(D)
-1
3
4
7
C)
-1
4
-1
]_
1
g
(D)
O
63
5
49
(*)
4
4
1
C)
<j
328
(•)
(D)
C)
(D)
9
7
71
-2
60
50
Central America
Mexico
Panama
Other
-788
-1,254
-22
(D)
(*)
(D)
36
25
20
-9
-976
-1,036
1
-20
5
15
-263
-293
-76
-77
3
-2
-77
-76
0
(*)
-66
-68
35
-5
2
C)
Other Western Hemisphere
Bahamas
Bermuda
Netherlands Antilles
Trinidad and Tobago
Other
1,398
1,030
1,563
-1,707
325
21
67
(D)
99
(D)
67
7
1
11
4
44
26
23
6
1
(D)
3
(D)
4
0
0
0
0
4
(')
0
1
(*)
111
401
33
1
0
2
0
30
0
0
0
C)
1
C)
C)
(D)
(*)
(D)
921
796
659
158
-22
126
-57
212
-29
18
0
0
0
0
18
1
0
17
829
736
607
154
-26
93
-1
205
(•)
-1
0
0
-1
1
0
1
(•)
20
2
2
0
(•)
18
6
C)
-110
45
4
2
1
1
41
(*)
9
32
5
0
-1
6
1
1
0
1
(*)
(•)
0
(•)
0
6
(•)
(•)
0
(*)
5
0
(*)
5
5
0
0
0
0
5
0
0
5
8
1
0
(*)
1
7
0
-1
8
4
1
-1
4
Middle East
Israel
OPEC
Other
1,191
0
0
0
0
593
2
571
21
47
21
25
1
3
(D)
(D)
6
-2
8
13
12
1
0
115
(D)
70
(D)
C)
61
90
12
7
4
1
272
C)
C)
15
(D)
(D)
0
150
O
9
1
7
1
1
2
C)
C)
C)
C)
(•)
Other Asia and Pacific
Hong Kong
India
Indonesia
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Other
3,671
(•)
0
0
-1
1
0
0
0
0
(•)
(•)
2,262
479
72
33
26
34
67
210
9
41
-19
6
26
2
(•)
3
2
11
1
6
3
-2
(•)
85
19
13
8
2
28
7
-12
10
4
5
34
5
(D)
3
-4
142
12
6
3
25
16
67
17
21
-25
C)
76
(•)
1
(*)
1
2
72
-1
2
0
0
77
35
5
9
6
10
4
-3
7
3
1
235
139
(*)
2
14
_6
39
17
15
13
3
422
182
6
18
9
33
119
28
20
5
2
134
70
1
1
(D)
19
17
(D)
-1
(*)
1
140
78
4
15
2
1
(•)
(*)
0
40
-1
(D)
(*)
3
(*)
(D)
2
-2
0
(*)
293
(D)
(D)
6
7
8
(D)
(D)
137
(D)
28
257
Other Africa
Saharan
Sub-Saharan
Liberia
Nigeria
Other
International
Memorandum—OPEC
501
-34
76
990
125
568
46
1,994
270
165
463
88
78
-26
25
(*)
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
D
1,934
D
()
(D)
71
1
-1
-23
15
C)
0
C)
1
25
C)
10
8
C)
0
0
C)
(D)
C)
C)
C)
0
0
0
0
0
0
0
2
4
54
(•)
C)
(•)
C)
17
1
6
9
139
1
57
(D)
260
4
-2
-2
59
685
743
3,776
27
3
45
14
By WILLIAM K. CHUNG and GREGORY G. FOUCH
Foreign Direct Investment in the United States in 1982
HIGHLIGHTS of foreign direct investment in the United States in 1982
were:
• The foreign direct investment position increased 13 percent, to $101.8
billion, compared with a record 32percent increase in 1981. The increase
in the position was smaller in 1982
than in 1981 because capital inflows
were smaller—$10.4 billion compared
with $22.0 billion.
• The $11.6 billion decline in capital inflows consisted of a sharp decline in equity and intercompany account inflows and a sizable shift to
negative reinvested earnings of incorporated affiliates. The decline in capital inflows reflected sluggish econom-
ic conditions in the United States,
high interest rates here and abroad,
and the strengthening of the U.S.
dollar vis-a-vis major foreign currencies during most of the year. The unusual shift in reinvested earnings was
the result of a sharp decline in earnings in combination with an increase
in gross dividends of incorporated affiliates.
• Direct investment income declined 35 percent, to $4.8 billion. The
decline reflected the severity of the
U.S. economic recession. Declines occurred in nearly all major industries,
but were particularly large in manufacturing, trade, and "other" industries.
Foreign Direct Investment
Position
At yearend 1982, the foreign direct
investment position in the United
States was $101.8 billion (table 1). The
position is the book value of foreign
parents' equity in, and net outstanding loans to, their U.S. affiliates.1 The
position differs from total assets of
the affiliates in that total assets are
the sum of owners' equity in affiliates
held by, and liabilities of affiliates
1. A U.S. affiliate is a U.S. business enterprise in
which one foreign person owns, directly or indirectly,
10 percent or more of the voting securities or the
equivalent.
Table 1.—Foreign Direct Investment Position in the United States, 1981-82
[Millions of dollars]
Addition in '. 982
Addition in 1981
Capita inflows (outflows ( —))
Capital inflows (outflows (-))
Position,
yearend
1980
Total
Total
All areas
Petroleum
Manufacturing.
Trade
Insurance
Other
Equity
and
intercompany
account
inflows
(outflows
Reinvested
earnings
of
incorporated
affiliates
Position,
yearend
1981
Valuation
adjustments
Total
Total
Equity
and
intercompany
account
inflows
(outflows
Reinvested
earnings
of
incorporated
affiliates
Position,
yearend
1982
Valuation
adjustments
68,351
12,363
25,159
14,296
5,365
11,168
22,070
5,642
4,817
3,332
539
7,740
21,998
5,640
4,788
3,322
537
7,711
18,238
3,274
4,990
2,357
327
7,290
3,760
2,366
-202
965
210
421
72
2
28
10
2
29
90,421
18,005
29,976
17,628
5,905
18,908
11,423
2,483
2,211
3,002
550
3,176
10,390
2,483
2,169
3,000
559
2,178
10,554
981
3,627
3,035
360
2,551
-164
1,502
-1,458
-35
200
-373
1,033
(*)
41
2
-9
998
101,844
20,488
32,186
20,630
6,455
22,084
Canada
Petroleum
Manufacturing
Trade
Insurance
Other
10,074
1,308
5,199
1,141
452
1,973
-190
79
-1,681
165
-59
1,306
1,493
79
478
164
-59
831
1,538
31
699
103
-65
770
-45
48
-220
62
6
60
-1,683
0
-2,159
(*)
0
475
9,883
1,387
3,519
1,306
393
3,279
-61
-131
152
130
50
-262
-1,067
-131
152
130
57
-1,274
-646
64
315
104
20
-1,149
-421
-195
-163
26
36
-125
1,006
9,823
1,256
3,671
1,436
443
3,017
Europe
Petroleum
Manufacturing
Trade
Insurance
Other
45,731
9,766
16,064
9,312
4,307
6,282
14,778
5,170
5,931
1,170
463
2,044
13,026
5,170
3,744
1,163
460
2,489
10,315
3,184
3,859
741
316
2,215
2,711
1,987
-116
422
144
274
1,752
0
2,187
8
2
-445
60,510
14,937
21,995
10,483
4,769
8,326
8,004
2,433
1,912
1,425
475
1,759
8,011
2,432
1,903
1,424
478
1,774
7,726
905
2,870
1,506
389
2,056
285
1,527
-967
-81
89
-282
-7
10
(*)
-3
-15
68,514
17,370
23,907
11,908
5,245
10,085
Japan
Petroleum
Manufacturing
Trade
Insurance
Other
4,225
58
837
2,307
142
881
2,768
-56
321
1,890
76
537
2,768
-58
321
1,888
76
541
2,110
-65
334
1,333
(D)
(D)
658
7
-14
555
(D)
(D)
(*)
2
6,993
2
1,158
4,197
218
1,418
1,749
69
326
1,120
20
213
1,744
69
325
1,117
20
213
1,666
68
474
996
7
123
78
2
-149
121
13
91
5
0
1
3
0
0
8,742
71
1,485
5,317
238
1,632
Other
Petroleum
Manufacturing
Trade
Insurance
Other
8,322
1,230
3,059
1,536
465
2,031
4,713
449
245
107
60
3,853
4,711
449
245
107
60
3,850
4,275
124
98
180
(D)
(D)
436
324
147
-73
(D)
(D)
13,035
1,679
3,304
1,643
525
5,884
1,730
113
-180
327
4
1,466
1,701
113
-210
328
4
1,465
1,807
-56
-31
429
-57
1,522
-107
169
-179
-101
61
-56
30
0
30
-1
0
1
14,765
1,792
3,124
1,970
529
7,350
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
D
31
C)
2
C)
-4
3
0
(*)
0
0
3
C)
(*)
0
-6
1,012
C)
August 1983
SURVEY OF CURRENT BUSINESS
32
owed to, all persons, not only foreign
parents.
By area of foreign parent, the composition of the position in 1982 was
similar to that in 1981 (table 2).2 In
1982, parents in Europe accounted for
67 percent, those in Canada and
Japan for 10 and 9 percent, respectively, and those in "other" countries
for the remaining 14 percent, of the
position. Within Europe, parents in
the United Kingdom and the Netherlands accounted for nearly two-thirds
of the position. In "other" countries,
the position was largely attributable
to parents in Latin America, particularly the Netherlands Antilles, and in
the Middle East, particularly Kuwait.
By industry of affiliate, 32 percent
of the position was in manufacturing,
20 percent each in petroleum and
trade, 6 percent in insurance, and the
remaining 22 percent in "other" in-
Table 2.—Composition of Foreign Direct Investment in the United States
[Percent]
Total..
By component:
Capital inflows
Equity and intercompany account inflows
Reinvested earnings of incorporated affiliatesValuation adjustments
By type of affiliate and account:
Incorporated
Capital stock and retained earnings
Intercompany accounts
Unincorporated
NOTE.—The quarterly survey from which
these annual estimates were derived was conducted under the supervision of James L. Bomkamp, Chief, Direct Investment in the United
States Branch, International Investment Division. Project leader Gregory G. Fouch was responsible for preparing the estimates. Marie
Gott edited and processed the forms. Smith W.
Allnutt, Chief, Data Retrieval and Analysis
Branch, designed the computer programs for
data retrieval, analysis, and tabular presentation.
Addition
to position
100
100
n.a.
n.a.
n.a.
n.a.
99
Position,
yearend
Addition
to position
100
100
n.a.
n.a.
91
92
-1
9
94
55
40
6
l
By area:
Canada
Europe
Of which:
France
Germany
Netherlands
Switzerland
United Kingdom
Japan
Other
Of which Netherlands Antilles 2 ..
-1
70
-1
67
-3
8
-15
4
68
15
15
3
By industry:
Petroleum
Manufacturing..
Trade
Insurance
Other
22
19
26
5
28
Memorandum:
OPEC 3
2. A U.S. affiliate's positions and transactions with
its foreign parent, that is, the first foreign person in
the affiliate's ownership chain, are classified in the
country of the foreign parent. Furthermore, if the U.S.
affiliate had positions and transactions with a foreign
affiliate of its foreign parent, such positions and transactions are classified in the country of the foreign affiliate. To simplify terminology, in this article, the
term "foreign parent" is used broadly to include foreign affiliates of foreign parents as well as the foreign
parents themselves.
1982
1981
Position,
yearend
13
n.a. Not applicable.
1. Capital stock includes additional paid-in capital.
2. Part of "other Western Hemisphere." Position at yearend 1982 equaled $6,398 million.
3. Members of the Organization of Petroleum Exporting Countries (OPEC) are: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq,
Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, Venezuela, and United Arab Emirates.
dustries.3 Within manufacturing, 29 percent was in finance and 27 percent
percent of the position was in chemi- in real estate.
cals, 17 percent in food products, 16
Incorporated affiliates accounted
percent in machinery, and 14 percent for most of the position—94 percent
in metals. In "other" industries, 38 (table 3). Over three-fourths of the position in these affiliates was equity
(capital stock and retained earnings)
3. Affiliates must report on a consolidated basis, in- and the remainder was debt (intercluding in the consolidation all other U.S. affiliates company accounts). The position in
owned more than 50 percent by the given affiliate. unincorporated affiliates is shown as
The report of a consolidated affiliate may cover operations in more than one industry. Because the affiliate a single summary account consisting
is classified in the single industry that accounts for of the parents' total claims, both
the largest portion of its sales, the industry classificaequity and debt, on the affiliates' net
tion of the affiliate may not reflect the full range of
its activities.
assets.
Table 3.—Foreign Direct Investment Position in the United States, by Type of Affiliate and Account, 1981-82
[Millions of dollars]
Yearend 1981
Yearend 1982
Incorporated affiliates
Incorporated affiliates
Total
Total
Total
Capital
stock and
retained
earnings 1
Intercompany
accounts
Unincorporated
affiliates
Total
Total
Capital
stock and
retained
earnings *
Intercompany
accounts
Unincorporated
affiliates
90,421
84,953
67,277
17,675
5,468
101,844
95,730
73,534
22,195
6,114
By area:
Canada
Europe
Japan
Other
9,883
60,510
6,993
13,035
9,127
57,327
6,785
11,715
7,386
46,984
5,643
7,264
1,740
10,343
1,141
4,451
756
3,183
208
1,320
9,823
68,514
8,742
14,765
9,058
65,082
8,400
13,189
7,235
51,445
6,668
8,186
1,823
13,637
1,731
5,004
764
3,431
342
1,577
By industry:
Petroleum
Manufacturing
Trade
Insurance
Other
18,005
29,976
17,628
5,905
18,908
17,789
29,893
17,504
4,018
15,749
15,855
23,523
11,170
3,734
12,995
1,934
6,369
6,334
284
2,754
216
83
124
1,886
3,159
20,488
32,186
20,630
6,455
22,084
20,224
32,116
20,427
4,437
18,525
17,631
24,453
12,449
4,240
14,761
2,592
7,662
7,979
197
3,765
264
70
203
2,018
3,559
1. Includes additional paid-in capital.
33
SURVEY OF CURRENT BUSINESS
August 1983
Table 4.—Equity and Intercompany Account Inflows, by Type of Affiliate, 1981-82
1982 Addition
[Millions of dollars; outflows (-)]
The addition to the position was
$11.4 billion in 1982, about one-half
the $22.1 billion addition in 1981. Although the addition declined sharply,
it was only moderately smaller than
the additions in 1980 and 1979 ($13.9
and $12.0 billion, respectively) and
larger than those in any year before
1979.
As will be discussed later, a major
reason for the sharp decline in 1982
was that a few large acquisitions occurred in 1981 for which there were
no counterparts in 1982. Factors that
deterred investment in 1982 included
the prolonged economic recession
here and abroad, which depressed
earnings of U.S. affiliates and their
foreign parents that might have been
used for investment, and high interest
rates, which raised the cost of borrowing funds. Also, the strengthening of
the dollar vis-a-vis major foreign currencies during most of the year made
investment in the United States more
expensive in terms of foreign currencies.
1981
To incorporated affiliates *
Capital stock2
Total
Total
Total
By area:
Canada
Europe
Japan
Other
By industry:
Petroleum
Manufacturing..
Trade
Insurance
Other
Total
In-
To
unincorporated
affiliates
Intercompany accounts
Decreases
Total
Payables
ables
18,238
16,974
10,938
11,800
-862
6,035
7,159
-1,124
1,264
1,538
10,315
2,110
4,275
1,467
9,490
2,030
3,987
1,680
6,263
904
2,092
1,818
6,391
912
2,679
-138
-128
-74
4,111
1,103
2,019
-140
71
825
79
-588
-214
3,227
1,126
1,896
3,274
4,990
2,357
327
7,290
3,167
5,001
2,384
364
6,058
1,567
3,480
1,370
321
4,201
2,126
3,567
1,394
325
4,389
-559
-87
-24
-4
-187
1,600
1,521
1,014
43
1,857
1,830
1,229
1,363
55
2,682
-230
293
-349
-12
-826
107
-11
-27
-37
1,233
23
-123
1982
10,554
9,918
5,399
7,517
-2,118
4,519
4,483
36
636
By area:
Canada
Europe
Japan
Other
-646
7,726
1,666
1,807
-654
7,481
1,533
1,558
-736
4,187
942
1,006
836
4,608
964
1,108
-1,573
-421
-22
-102
83
3,294
590
552
206
3,399
367
510
-123
-105
223
41
245
134
250
By industry:
Petroleum
Manufacturing..
Trade
Insurance
Other
981
3,627
3,035
360
2,551
932
3,640
2,956
229
2,162
274
2,347
1,311
315
1,152
316
2,578
1,395
315
2,912
-43
-231
-84
(*)
-1,760
658
1,293
1,645
-87
1,010
383
1,394
1,097
-21
1,630
276
-101
548
-65
-620
Total
49
-13
79
131
*Less than $500,000 (±).
1. Includes inflows to purchase capital stock in affiiates from unaffiliated U.S. persons and outflows from the sale of such
stock to unaffiliated U.S. persons. Although such flows are not actually "to" U.S. affiliates they are so classified because they
change the foreign direct investment position in these affiliates.
2. Includes change in additional paid-in capital.
Table 5.—Reinvested Earnings and Reinvestment Ratios of Incorporated Affiliates, 1981-82
[Millions of dollars, or ratio]
Earnings
All areas
Petroleum
Manufacturing.
Trade
Insurance
Other
Gross
dividends
Reinvested
earnings
Reinvestment ratio
(reinvested
earnings/
earnings)
0.65
.70
(*)
.79
.83
.67
5,783
3,358
322
1,218
252
633
2,023
992
524
253
42
212
3,760
2,366
-202
965
210
421
Canada
Petroleum
Manufacturing
Trade
Insurance
Other
21
80
-214
64
8
84
66
32
6
2
2
24
-45
48
-220
62
6
60
Europe
Petroleum
Manufacturing
Trade
Insurance
Other
4,517
2,929
385
606
179
417
1,806
943
501
184
35
143
2,711
1,987
-116
422
144
274
Japan
Petroleum
Manufacturing
Trade
Insurance
Other
730
13
-7
600
14
110
72
6
7
46
658
7
-14
555
.92
Other
Petroleum
Manufacturing
Trade
Insurance
Other
515
336
158
-52
51
22
426
324
147
-73
.85
.96
.94
i1)
•Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
1. Reinvestment ratio not defined because reinvested earnings are negative.
D
Change 1981-82
1982
1981
()
Earnings
Gross
dividends
Reinvested
earnings
Reinvestment ratio
(reinvested
earnings/
earnings)
Earnings
Gross
dividends
Reinvested
earnings
-3,925
-864
-1,256
-1,001
-10
-794
2,257
2,709
-888
310
244
-119
2,421
1,207
570
346
44
254
-164
1,502
-1,458
-35
200
-373
(*)
.55
0)
(>)
.82
(*)
-3,526
-649
-1,210
-908
-8
-752
-310
(D)
-37
31
39
111
(D)
26
5
3
-421
-195
-163
26
36
-125
(*)
-331
(D)
77
-32
32
2,675
-444
140
126
-108
2,103
1,148
523
221
37
174
285
1,527
-967
-81
89
-282
.12
.57
i1)
0)
.71
0)
-2,129
-255
-829
-466
-53
-525
297
205
23
37
2
31
-2,426
-460
-852
-503
-55
-556
216
2
-139
231
13
109
138
1
10
109
(*)
18
78
2
-149
121
13
91
.36
.75
(x)
.53
.97
.84
-513
-11
-132
-370
(*)
-1
67
-5
3
64
-580
-6
-135
-434
-38
(D)
-169
-91
65
69
(D)
11
10
4
-107
169
-179
-101
61
-56
i1)
-553
-11
()
.93
(D)
-326
-39
14
(*)
-11
-542
-156
-327
-28
(D)
0)
.83
.92
D
215
46
93
2
42
45
(D)
20
-376
-243
58
-36
31
-186
34
SURVEY OF CURRENT BUSINESS
By area of foreign parent, 70 percent of the addition was attributable
to parents in Europe, 15 percent each
to parents in Japan and "other" countries, and the addition attributable to
parents in Canada was a small negative. Within Europe, parents in the
United Kingdom, Germany, and Switzerland had the largest additions
(tables 9 and 10). The additions of parents in the Netherlands and France
were negative. By industry of affiliate, 28 percent of the addition was in
"other" industries, 26 percent in
trade, 22 percent in petroleum, 19
percent in manufacturing, and 5 percent in insurance.
The 1982 addition to the position
consisted of capital inflows of $10.4
billion and valuation adjustments of
$1.0 billion. Capital inflows, in turn,
consisted of equity and intercompany
account inflows of $10.6 billion and
negative reinvested earnings of $0.2
billion.
The valuation adjustments mostly
reflected a significant positive adjustment for Canada that resulted from a
Canadian parent's sale of its U.S.
mining affiliate for more than book
value.4 Because the full sales value
was a capital outflow, and thus reduced the direct investment position
for Canada by more than the book
value previously carried in the position, the excess of the sales value over
the book value was added back to the
position by means of a positive valuation adjustment.
Also, large and offsetting valuation
adjustments were made to reflect a
change in the manner in which a
British petroleum company held its
investments in the United States.
Previously, the British company's
U.S. investments were held indirectly
through its ownership of a Netherlands holding company that, in turn,
owned the U.S. affiliates. In 1982, the
holding company was dissolved and
the British company assumed a direct
interest in the U.S. affiliates. This
change necessitated a negative adjust-
August 1983
4. This transaction was part of a larger set of transactions, some of which occurred in 1981, in which a
French Government-owned petroleum company acquired both U.S. and Canadian interests in the U.S.
mining affiliate. For details, see "Foreign Direct Investment in the United States in 1981," SURVEY OF
CURRENT BUSINESS 62 (August 1982): 33.
ment for the Netherlands, to reflect
the dissolution of the holding company's interest, and an offsetting positive adjustment for the United Kingdom, to reflect the British company's
new direct interest in the U.S. affiliates.
Table 7.—Income and Related Items: Source
and Relationship
[Millions of dollars]
1982
amount
1. Earnings
affiliates.
Source and
relationship
of incorporated
2,257 Reported
2. Earnings of unincorporated
affiliates.
685 Reported
3. Earnings
2,942 = 1 + 2
4. Gross dividends (on common and preferred stock).
2,421
= 5+6
5. U.S. withholding tax on
dividends.
168 Derived
6. Dividends (on common and
preferred stock).
2,252 Reported
7. Interest
2,070 Reported
8. Reinvested earnings of incorporated affiliates.
-164
9. Interest, dividends, and
earnings of unincorporated
affiliates.
5,008 = 2+6+7 or 10-8
10. Income
4,844 = 3 - 5 + 7 or 8+9
= 1-4 or 10-9
NOTE.—"Reported" refers to universe estimates derived from
reported sample data.
Table 6.—Income and Rate of Return, 1981-82
[Millions of dollars, or percent]
1982
1981
Income
Income
Interest, dividends, a n d earnings of
unincorporated affiliates
Total
Total
7,454
3,392
934
1,508
185
1,435
All areas
Petroleum
Manufacturing
Trade
Insurance
Other
Petroleum
Manufacturing
Trade
Insurance
Other
Europe
Petroleum
Manufacturing
Trade
Insurance
Other
,
Japan
Petroleum
Manufacturing
Trade
Insurance
Other
Other
Petroleum
Manufacturing
Trade
Insurance
Other
...
184
39
13
5
— 85
211
Dividends
728
90
Interest, dividends, and earnings of
unincorporated affiliates
Total
Total
9.4
22.3
1,878
945
476
225
37
194
100
-76
624
965
210
421
9.4
3.3
9.5
66
10
57
60
45
48
-220
62
1.4
6.5
4.7
5.5
q A
2,252
1,155
523
304
41
230
685
82
36
85
183
370
216
57
51
6
27
130
98
15
35
3
96
(D)
23
(D)
45
5
3
26
-2
30
58
2
1
144
60
10.3
1Q Q
Dividends
2,070
92
991
417
33
536
21
Q7
Earnings
of
unincorporated
affiliates
5,008
1,329
1,478
806
258
1,137
46
K )
Interest
Reinvested
earnings
of
incorporated
affiliates
4,844
2,831
91
770
458
764
-205
-138
111
31
g
4
Rate of
return1
164
1,502
1458
35
200
373
5.0
14.7
1
4.0
7.4
3.7
-421
-195
— 163
26
36
-125
2.1
10.5
3.1
2.3
22
.1
5.9
16.8
.9
4.8
7.2
.2
5,427
2,884
738
941
184
679
2,716
898
853
519
40
406
733
-20
416
288
12
36
1,680
901
454
162
32
131
302
16
-17
69
-4
238
2,711
1,987
-116
422
144
274
10.2
23.4
3.9
9.5
4.1
9.3
3,835
2,714
205
542
360
15
3,550
1,187
1,172
623
270
298
1,336
73
720
378
33
133
1,967
1,102
481
193
35
156
246
12
-29
8
285
1,527
-967
-81
89
-282
738
2
33
493
21
190
80
-6
46
-62
-62
-11
31
102
0
21
65
76
-1
7
60
13.2
5.1
3.3
15.2
(D)
456
2
-86
187
23
330
378
1
62
66
9
239
39
41
658
7
-14
555
50
-30
0
19
125
1
9
98
(*)
17
214
(*)
4
-2
9
203
78
2
-149
121
13
91
5.8
6.7
6.5
3.9
9.9
21.6
1,150
419
370
8
59
295
715
95
222
81
350
11
215
30
1
93
75
12
10
20
290
71
-3
31
8
182
436
324
147
-73
10.8
28.8
11.6
.5
758
254
14
10
66
414
864
85
193
111
5
470
598
5
187
66
1
339
65
(D)
202
8
4
31
37
1
100
-107
169
179
-101
61
-56
5.5
14.6
.4
.6
12.6
6.3
•Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
1. Income divided by the average of the beginning- and end-of-year direct investment positions.
D
3,760
2,366
Rate of
return 1
1,088
-9
669
219
13
196
oo co ;
139
87
-207
67
—80
272
Canada
3,694
1,026
1,135
543
-26
1,015
Interest
Earnings
of
unincorporated
affiliates
Reinvested
earnings
of
incorporated
affiliates
C)
52
203
(?)
August 1983
35
SURVEY OF CURRENT BUSINESS
Equity and intercompany
inflows
The $7.7 billion decline in inflows
was widespread. By type of affiliate,
inflows to incorporated affiliates declined $7.1 billion and those to unincorporated affiliates declined $0.6 billion. For incorporated affiliates, inflows for equity were down $5.5 billion and inflows on intercompany accounts were down $1.5 billion. By
area, inflows from all major areas declined. By industry, they declined
sharply in "other" industries, petroleum, and manufacturing.
account
Equity and intercompany account
inflows were $10.6 billion in 1982,
down $7.7 billion from the record 1981
level (table 4). Inflows to incorporated
affiliates were $9.9 billion; they consisted of $5.4 billion of inflows for capital stock and $4.5 billion of inflows
on intercompany accounts. Inflows to
unincorporated affiliates were $0.6
billion.
In "other" industries and petroleum,
the sharp declines in inflows were
mainly attributable to two unusually
large transactions that occurred in
1981, for which there were no counterparts in 1982. One of these was the
acquisition of a U.S. mining company
by a U.S. petroleum affiliate of a Government-owned company in France
(see footnote 4 to text); the other was
the acquisition of a U.S. construction
company by a State-owned company
in Kuwait. Excluding these two trans-
Table 8.—Foreign Direct Investment in the United States, Selected Items, 1977-82
[Millions of dollars]
1977
1978
1979
1980
1981
1982
1977
Direct investment position
All areas
Petroleum
ManufacturingTrade
Insurance
Other
Canada
Petroleum
Manufacturing..
Trade
Insurance
Other
Europe
Petroleum
Manufacturing.
Trade
Insurance
Other
34,595 42,471 54,462
6,573 7,762 9,906
14,030 17,202 20,876
7,237 9,161 11,562
2,318 2,773 4,148
4,437 5,573 7,971
1978
101,844
20,488
32,186
20,630
6,455
22,084
3,728
652
1,414
1,112
204
346
9,823
1,256
3,671
1,436
443
3,017
294
34
244
46
-39
680
79
278
149
2
172
931
209
402
4
69
246
23,754 29,180 37,403 45,731 60,510 68,514
5,523 6,569 8,010 9,766 14,937 17,370
9,267 11,717 13,952 16,064 21,995 23,907
5,120 6,023 7,838 9,312 10,483 11,908
1,787 2,261 3,449 4,307 4,769 5,245
2,056 2,611 4,154 6,282 8,326 10,085
2,858
524
1,291
605
193
245
5,217
1,045
2,348
897
492
435
8,159
1,441
2,240
1,810
1,221
1,447
5,650
710
3,077
758
207
6,180
734
3,213
907
209
1,116
7,154
943
3,615
911
278
1,406
10,074
1,308
5,199
1,141
452
1,973
1,755
48
332
811
38
527
2,749 3,493
160
(D)
696
474
1,767
1,522
61
(D)
627
4,225
58
837
2,307
142
881
Other
Petroleum
Manufacturing.
Trade
Insurance
Other
3,436
292
1,354
548
285
956
4,362 6,412
793
(D)
1,798 2,612
709
1,045
359
(D)
1,603
1,219
8,322
1,230
3,059
1,536
465
2,031
1980
1981
1982
9,883
1,387
3,519
1,306
393
3,279
6,993
2
1,158
4,197
218
1,418
7,897 11,877
1,244 2,144
3,197 3,672
1,918 2,394
538 1,408
1,000 2,258
1982
2,142
52
984
681
120
305
5,313
303
2,537
1,430
268
775
7,921
499
2,667
1,766
1,168
1,821
7,500
-276
2,825
1,760
771
2,419
18,238 10,554
981
3,274
4,990 3,627
2,357 3,035
360
327
7,290 2,551
2,811
365
1,583
170
173
520
1,493 -1,067
79 -131
152
478
130
164
57
-59
831 -1,274
47
17
75
23
-38
-30
449
33
193
93
2
129
532
130
239
-37
68
131
1,246
250
275
115
175
431
1,538 -646
64
31
315
699
104
103
-65
20
770 -1,149
8,011
2,432
1,903
1,424
478
1,774
1,822
21
1,011
399
153
3,350
262
1,896
609
257
326
5,438
65
1,572
1,520
1,041
1,240
4,890
-484
2,093
1,120
492
1,668
2,768
-58
321
1,888
76
541
1,744
69
325
1,117
20
213
424
1
55
299
4,711
449
245
107
60
3,850
1,701
113
-210
328
4
1,465
-151
12
-157
-40
8,262 13,026
1,771
5,170
2,105 3,744
1,526
1,163
858
460
2,002 2,489
744
732
(D) -102
222
141
245
540
(D)
80
182
73
770
(D)
93
590
(D)
50
744
(D)
355
138
(D)
270
987
(D)
135
711
(D)
100
13,035 14,765
1,679
1,792
3,304 3,124
1,643
1,970
525
529
5,884 7,350
-11
91
-149
-21
1,013
(D)
436
161
(D)
294
2,043
(D)
809
335
(D)
383
2,834
836
900
655
96
347
4,211
1,239
1,149
805
445
573
6,357
2,037
1,699
1,066
599
956
9,470
3,467
2,390
1,410
828
1,375
7,454
3,392
934
1,508
185
1,435
4,844
2,831
21
770
458
764
243
3
187
-15
53
15
393
9
277
1,862
423
446
489
106
398
10,315
3,184
3,859
741
316
2,215
7,726
905
2,870
1,506
389
2,056
282
(D)
169
-47D
()
103
92
(D)
132
- 5D
( )
-3
2,110
-65
334
1,333
D
)
1,666
68
474
996
7
123
1,670
(D)
687
330
(D)
347
1,271
(D)
325
530
(D)
323
4,275
124
98
180
1,807
-56
-31
429
-57
1,522
Fees and royalities
Income
66
42
523
33
328
5
93
64
514
35
358
-40
99
62
413
23
263
-199
173
152
42
-10
336
-352
65
2
118
-2
25
15
62
19
132
-3
28
14
64
29
163
-9
31
14
89
38
166
-9
43
(*)
95
36
269
-4
58
8
163
44
217
3,835
2,714
205
542
360
15
155
-2
158
3
-7
3
309
3
231
52
4
20
407
25
280
67
5
29
582
30
295
230
5
23
535
18
180
210
11
116
356
-19
208
119
11
37
738
2
33
493
21
190
456
2
-86
187
23
-33
6
3
-32
0
-10
-69
3
11
-75
0
-7
-75
3
9
-81
0
-5
-84
-1
14
-90
0
-7
-89
-3
21
-98
0
-9
-172
-3
22
-163
0
-28
1,150
419
370
8
59
295
758
254
14
10
66
414
2
1
1
-2
-2
4
21
6
7
9
-2
27
13
8
6
-1
2
-150
14
6
-180
-1
11
-302
13
4
-319
-1
1
-359
15
6
-326
-1
-53
3,955
1,645
1,006
628
240
438
6,167
2,732
1,449
965
447
573
3,760 -164
1,502
2,366
-202 -1,458
-35
965
210
200
421 - 3 7 3
Canada
Petroleum
Manufacturing..
Trade
Insurance
Other
247
17
169
23
(*)
38
231
46
85
56
1
43
399
79
163
41
1
115
1,565
115
1,308
55
-2
89
-45
48
-220
62
6
60
-421
-195
-163
26
36
-125
314
61
188
32
-55
354
74
112
67
12
90
599
112
198
52
75
162
1,795
151
1,334
65
26
220
139
87
-207
67
-80
272
-205
-138
-111
31
9
4
Europe
Petroleum
Manufacturing..
Trade
Insurance
Other
1,036
503
280
206
40
7
1,866
783
452
288
235
109
2,721
1,376
668
290
180
208
3,371
2,255
11
406
366
334
2,711
1,987
-116
422
144
274
285
1,527
-967
-81
89
-282
1,906
686
579
417
105
119
3,038
1,036
815
592
389
206
4,379
1,708
1,144
713
448
366
5,757
2,875
687
857
699
640
5,427
2,884
738
941
184
679
Japan
Petroleum
Manufacturing..
Trade
Insurance
Other
163
1
-27
183
462
38
53
291
1
79
639
(D)
9
545
(D)
76
78
658
2
7
-14 - 1 4 9
121
555
13
(DD)
91
()
207
1
-19
147
(*)
79
301
2
62
84
6
147
569
38
74
238
11
209
722
6
217
2
42
121
1
50
Other
Petroleum
Manufacturing..
Trade
Insurance
Other
140
79
8
19
44
-11
269
109
80
24
33
24
373
152
122
5
58
36
591
(D)
121
-41
436
324
147
-73
( D)
( D)
75
(D)
406
88
152
59
46
60
518
128
160
63
37
130
809
178
283
63
65
220
1981
21,998 10,390
5,640 2,483
4,788 2,169
3,322 3,000
559
537
7,711 2,178
587
2
28
482
-107
169
-179
-101
61
-56
1980
13,666
2,456
4,275
2,726
1,218
2,993
2,583
940
660
488
270
225
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
1979
8,742
71
1,485
5,317
238
1,632
Reinvested earnings of incorporated affiliates
D
1978
Equity and intercompany
account inflows (outflows (-))
1,586
601
430
431
84
41
C)
1977
Net capital inflows (outflows (—))
68,351 90,421
12,363 18,005
25,159 29,976
14,296 17,628
5,365 5,905
11,168 18,908
Japan
Petroleum
Manufacturing..
Trade
Insurance
Other
All areas
Petroleum
Manufacturing..
Trade
Insurance
Other
1979
( D)
40
467
( D)
186
1,195
( D)
329
22
(D)
329
C)
O
-3
99
18
55
47
36
SURVEY OF CURRENT BUSINESS
August 1983
Table 9.—Foreign Direct Investment Position in the United States, Yearend 1981
[Millions of dollars]
Manufacturing
All
industries
All countries
Canada
Europe
European Communities (10)l
Belgium and Luxembourg
France
Germany
Italy
Netherlands
Denmark, Ireland, and Greece
United Kingdom
Other Europe
Sweden
Switzerland
Other
Japan
Petroleum
Primary
and
fabricated
metals
Machinery
Other
manufacturing
Trade
Finance
Insurance
Real
estate
Other
18,005
29,976
4,777
8,791
4,352
4,775
7,281
17,628
6,665
5,905
4,906
9,883
1,387
3,519
64
171
1,132
1,137
1,015
1,306
425
393
960
1,894
60,510
53,993
2,164
4,975
7,242
704
23,105
228
15,576
14,937
14,702
1,496
2,609
60
C)
10,699
3
-165
235
167
28
40
21,995
18,502
172
1,814
2,955
6
7,367
79
6,109
3,492
605
2,699
4,461
3,898
25
96
23
9
3,229
-1
516
6,504
5,202
115
354
1,891
-15
1,202
16
1,639
4,769
4,013
7
20
768
19
877
1
2,321
2,058
2,041
28
3
259
14
1,181
(*)
557
2,196
1,950
87
210
572
535
116
25
406
459
43
380
35
10,483
9,076
187
660
2,310
4
1,482
94
4,339
1,407
574
586
247
4,072
3,708
187
-342
317
125
1,384
27
2,009
1,302
54
1,248
C)
3,185
2,528
-78
134
615
-4
986
2
873
658
451
189
5,507
5,048
63
689
258
12
1,855
61
2,112
563
1
551
11
2,338
1,826
48
542
169
4
94
0
969
512
56
332
364
-56
236
183
756
109
628
20
17
2
3
12
246
4
134
108
93
267
217
4,197
1,071
218
128
219
48
143
-74
28
51
497
44
22
22
454
1,177
-19
15
-34
1,196
851
286
68
219
564
495
384
382
2
111
1,008
151
108
43
857
378
25
16
9
352
3
2
123
15
225
131
95
C)
627
(*)
627
2,557
-33
2,589
1
108
-7
200
20
108
6,517
1,405
4,314
798
Latin America
Latin American Republics
Panama
Other
Other Western Hemisphere
590
8,473
1,029
799
231
7,443
Middle East
Israel
Other
3,592
118
3,474
188
1,158
22
1,625
27
14
13
1,598
8
0
Other Africa, Asia, and Pacific
Memorandum—OPEC
Food
products
90,421
6,993
Australia, New Zealand, and South Africa.
Total
Chemicals and
allied
products
3,545
336
2,940
175
196
-21
2,765
53
5
171
39
43
-4
132
1,841
117
114
3
1,724
0
-25
-12
53
1
18
319
266
15
311
-15
2
-17
120
-9
16
-25
130
(*)
0
C)
47
0
(*)
(*)
48
124
261
47
1
-3
-1
-10
44
113
0
C)
2
75
1
647
7,337
2,584
*Less than $500,000 (±).
1. In 1981, Greece joined the European Communities; prior to 1981, data for Greece were included in "other Europe." In 1981, the direct investment position of Greek parents w a s $25 million.
Table 10.—Foreign Direct Investment Position in the United States, Yearend 1982
[Millions of dollars]
Manufacturing
All
industries
All countries
Canada
Europe
European Communities (10)
Belgium and Luxembourg
France
Germany
Italy
Netherlands
Denmark, Ireland, and Greece
United Kingdom
Other Europe
Sweden
Switzerland
Other
Japan
Australia, New Zealand, and South AfricaLatin America
Latin American Republics
Panama
Other
Other Western Hemisphere
Middle East
Israel
Other
Other Africa, Asia, and Pacific
Memorandum—OPEC
•Less than $500,000 (±).
Petroleum
Total
Food
products
Chemicals and
allied
producs
Primary
and
fabricated
metals
Machinery
Other
manufacturing
Trade
Finance
Insurance
Real
estate
Other
101,844
20,488
32,186
5,426
9,286
4,566
5,040
7,867
20,630
8,389
6,455
5,869
9,823
1,256
3,671
102
208
1,139
963
1,259
1,436
524
443
1,005
1,489
68,514
61,281
2,424
4,671
8,181
949
21,446
275
7,025
5,542
129
231
1,956
-14
1,362
18
1,860
1,483
58
1,423
1
2,578
2,140
23
553
175
1
236
(*)
1,151
438
62
269
107
5,712
5,216
54
945
10
12
1,705
54
2,435
496
28
436
33
11,908
10,432
176
581
2,728
75
1,458
132
5,280
1,476
582
645
248
5,245
4,376
-17
855
21
946
(*)
2,563
2,418
2,364
36
3
305
15
1,173
-1
833
2,544
2,207
99
322
631
533
11
34
576
43
5,002
4,291
35
110
20
7
3,490
-3
632
711
1
690
20
5,122
4,704
183
-720
410
274
1,942
38
2,577
941
23,907
20,078
168
1,940
2,906
32
8,014
67
6,950
3,829
600
3,046
183
3,590
2,889
-73
101
746
26
1,221
-3
871
7,233
1,481
4,810
17,370
17,120
1,753
2,562
345
-1
7,902
5
4,555
249
202
5
418
-36
196
258
868
122
726
20
54
2
16
36
338
10
176
152
8,742
71
1,485
118
285
248
473
5,317
1,268
238
127
237
-4
322
66
161
-62
30
63
136
1,769
111
121
-9
1,658
237
-30
-13
-17
364
21
3
18
343
1,489
112
118
-7
1,377
1,071
315
76
239
756
556
446
444
3
109
1,200
179
126
53
1,021
391
16
-7
23
374
5
-2
118
6
112
367
210
(*)
0
(*)
963
2,997
-32
3,029
740
9,197
1,236
951
285
7,962
4,501
184
4,316
327
4,373
10
1,814
34
23
10
1,780
(*)
0
C)
402
2,678
135
171
-36
2,543
55
1
54
-11
67
194
37
43
-6
157
(*)
(*)
0
3
3
(*)
(*)
-1
701
451
228
22
361
12
47
114
-4
16
-21
118
(*)
0
C)
-6
1
44
-4
47
0
7
-12
25
158
103
98
183
Q
C)
963
7,827
-56
92
33
1
988
3,025
37
SURVEY OF CURRENT BUSINESS
August 1983
Table 11.—Equity and Intercompany Account inflows, 1981
[Millions of dollars; outflows (-)]
Manufacturing
All
industries
Petroleum
Food
products
Total
Chemicals a n d
allied
products
Primary
and
fabricated
metals
Machinery
Other
manufacturing
Finance
Trade
Real
Insurance
Other
estate
4,147
18,238
3,274
4,990
346
602
722
979
2,341
2,357
1,277
327
1,866
1,538
31
699
-21
2
308
185
225
103
-2
-65
409
363
10,315
9,604
45
2,154
1,764
378
2,481
56
2,727
3,184
3,166
301
8
1
-3
-1
(*)
16
235
33
-10
-15
3
2
8
(*)
45
655
690
(D)
52
297
36
-16
(D)
336
877
27
443
741
681
-20
85
293
-207
208
8
315
495
379
38
-728
(D)
23
102
(D)
781
316
312
1
(D)
(D)
2
179
801
799
-1
3
85
0
398
-5
445
418
(D)
29
44
-1
154
(D)
143
2,224
2,215
(*)
156
712
530
(*)
146
3,859
3,364
24
219
1,055
37
1,040
28
962
138
314
919
902
(Dj
125
156
523
24
(D
70
711
-6
483
234
18
22
-1
-3
495
-31
401
124
292
(D)
(D)
3
27
10
16
1
201
(D)
(D)
103
-35
-33
-11
9
9
-1
1
9
60
-26
32
54
116
28
25
63
4
(•)
(D)
2
0
(D)
(D)
18
3
19
-4
2,110
-65
334
71
27
5
124
106
1,333
378
(D)
(D)
44
329
22
243
1
(*)
201
22
18
7
(*)
13
3
41
Latin America
Latin American Republics
Panama
Other
Other Western Hemisphere
1,040
30
27
3
1,010
(D)
8
1
-142
60
53
8
-202
-5
-2
0
-2
-3
127
70
(D)
(D)
57
-26
(D)
(D)
(D)
(D)
-5
(D)
(D)
(D)
(D)
-233
13
(*)
13
-246
209
-137
-73
-63
346
404
305
49
39
10
256
145
9
8
(D)
(*)
(D)
(D)
0
(•)
Middle East
Israel
Other
2,828
-58
2,887
7
0
7
7
4
3
0
0
0
0
0
0
1
0
1
0
0
0
6
4
2
-57
-2
-55
-47
-57
10
0
0
0
293
(D)
(D)
2,626
(D'
(D)
78
(D)
-10
-1
2
-2
-2
-5
20
49
(*)
(D)
9
2.887
12
-4
—2
0
-1
-3
2
-61
19
0
CD)
(D)
Other
manufacturing
Trade
Finance
Insurance
Machinery
All countries
Canada
Europe
European Communities (10)1
Belgium and Luxembourg
France
Germany
Italy
Netherlands
Denmark, Ireland, and Greece
United Kingdom
Other Europe
Sweden
Switzerland
Other
Japan
Australia, New Zealand, and South Africa.
Other Africa, Asia, and Pacific
Memorandum—OPEC
(D)
(D)
13
C)
D8
C)
C)
(D)
(°)
41
C)
C)
C)
136
*Less than $500,000 ( ± ) .
Suppressed to avoid disclosure of data of individual companies.
1. In 1981, Greece joined the European Communities; prior to 1981, data for Greece were included in "other Europe." In 1981, equity and intercompany account inflows from Greek parents
were less than $10 million.
D
Table 12.—Equity and Intercompany Account Inflows, 1982
[Millions of dollars; outflows (-)]
Manufacturing
All
industries
All countries
Petroleum
Total
Food
products
313
10,554
981
3,627
Canada
-646
64
315
Europe
European Communities (10)
Belgium and Luxembourg
France
Germany
Italy
Netherlands
Denmark, Ireland, and Greece
United Kingdom
7,726
6,786
82
2
1,116
297
2,087
27
3,175
905
893
(*)
2,870
2,308
55
206
480
49
839
-17
696
213
92
(D)
6
2
C)
-4
940
129
639
171
12
561
81
439
41
1,666
68
474
Other Europe
Sweden
Switzerland
Other
Japan
()
-1
126
(*)
D
Chemicals and
allied
products
Primary
and
fabricated
metals
505
576
16
470
367
(D)
-106
55
1
(DD)
( )
137
566
373
-10
23
31
2
(D)
C)
121
0
103
(D)
88
(D)
194
47
36
139
74
Latin America
Latin American Republics
Panama
Other
Other Western Hemisphere
729
201
128
73
528
-2
3
0
3
-5
-10
-13
(*)
-12
26
-136
13
-1
13
-149
-7
0
-7
16
(*)
16
0
0
0
0
0
0
16
19
(*)
2
(*)
Middle East
Israel
Other
Other Africa, Asia, and Pacific
956
42
914
-18
Memorandum—OPEC
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
D
()
670
1,564
3,035
1,343
360
1,360
-152
265
104
71
20
30
-1,250
644
550
976
926
-7
309
160
1
225
-8
246
1,506
1,401
7
-7
151
75
246
34
812
785
6
(D)
70
178
476
(D)
441
389
292
1
(D)
10
2
59
(?)
256
718
675
9
(•)
50
0
334
-1
284
526
432
5
164
(D)
-5
7
(*)
50
(D)
54
105
-2
99
27
17
-45
55
-1
98
(*)
42
0
19
23
94
(DD)
( )
41
128
7
(*)
(D)
-27
232
46
214
-7
370
393
150
119
32
243
)
0
(D)
-2
Other
-23
2
11
202
16
1
15
187
(*)
C)
(*)
205
25
18
7
180
32
-10
112
52
60
0
0
0
387
457
C)
457
35
Australia, New Zealand, and South Africa.
[
D
Real
estate
0
(*)
D
10
-5
-7
62
()
42
33
38
actions, inflows to petroleum affiliates, which declined $2.3 billion, to
$1.0 billion, would have increased
slightly, and inflows to affiliates in
"other" industries, which declined
$4.7 billion, to $2.6 billion, would have
declined only $0.6 billion, largely in
real estate (tables 11 and 12).
The decline in real estate probably
reflected the effect of the U.S. recession, high interest rates, and the slowdown in appreciation of U.S. real
estate values in recent years. Particularly sizable was the decline in inflows to real estate affiliates of Canadian parents.
In finance, inflows did not change
much in total, but there were several
large offsetting changes. On the one
hand, inflows to affiliates of parents
in the United Kingdom and Japan declined sharply; 1981 inflows to these
affiliates had been boosted by the acquisition of two large U.S. banks, one
by British and one by Japanese investors. On the other hand, outflows
from a French-owned U.S. affiliate decreased sharply, as there was a slowdown in the increase in receivables
due from its parent in 1982 compared
with 1981. (Increases in affiliate receivables are intercompany account
outflows.) This affiliate raises funds in
U.S. credit markets and lends them to
its parent; the amount raised in 1982
was much less than in 1981.
Inflows to manufacturing affiliates
declined $1.4 billion, to $3.6 billion.
Although declines occurred in all industries within manufacturing, more
than one-half of the decline was in
"other manufacturing." Declines in
machinery and metals were also sizable.
The decline in "other manufacturing" was largely accounted for by a
German-owned automobile manufacturing affiliate, which had a smaller
decrease in receivables due from its
parent in 1982 than in 1981, and by
Netherlands-owned affiliates manufacturing paper products and nonmetallic mineral products.
In trade, inflows increased $0.7 billion, to $3.0 billion. The increase was
more than accounted for by affiliates
of parents in the United Kingdom
and Italy; inflows to these affiliates
combined increased about $0.9 billion.
Nearly one-half of the increase was
accounted for by two affiliates—a
British-owned retail trade affiliate,
SURVEY OF CURRENT BUSINESS
which acquired a U.S. department
store chain, and an Italian-owned
wholesale trade affiliate selling motor
vehicles and equipment, which had a
sizable shift to net inflows on intercompany accounts.
August 1983
Contributing substantially to the shift
were affiliates of parents in Japan,
the Netherlands, and the United
Kingdom.
In petroleum, reinvested earnings
declined $0.9 billion, as earnings declined and gross dividends increased.
Reinvested earnings
The decline in reinvested earnings
was more than accounted for by NethReinvested earnings of incorporated erlands-owned affiliates. However,
affiliates shifted $3.9 billion, to a neg- more than one-half of the decline for
ative $0.2 billion—the first year of Netherlands-owned affiliates was
negative reinvested earnings since offset by an increase for Britishthis series began in 1947 (table 5). Re- owned affiliates—offsetting changes
invested earnings are equal to earn- that were due to the previously menings (that is, foreign parents' shares tioned shift in the direct ownership of
in net income after U.S. income taxes) certain affiliates from the Netherof incorporated affiliates minus gross lands to the United Kingdom.
dividends (that is, dividends before deIn "other industries," reinvested
duction of U.S. withholding taxes) on earnings shifted to a negative $0.4 bilcommon or preferred stock held by lion. The shift largely reflected a shift
foreign parents.
from positive to negative earnings;
The shift in reinvested earnings gross dividends increased slightly.
was the result of a $3.5 billion decrease in earnings in conjunction with
Income
a $0.4 billion increase in gross dividends. Despite severely depressed
Direct investment income, the
earnings, many affiliates paid large return on the position, declined 35
dividends, perhaps in response to percent, to $4.8 billion, following a 21their foreign parents' needs for funds percent decline in 1981 (table 6).
during the recession. (See the follow- Income consists of U.S. affiliates'
ing section for a discussion of changes earnings (as defined earlier), plus inin direct investment income, of which terest (net of withholding taxes) on inearnings is the major component.) tercompany accounts, less U.S. withThe reinvestment ratio—the fraction holding taxes on dividends (table 7).
of earnings reinvested—shifted from a Alternatively, it is the sum of (1) inpositive 0.65 to one that is not defined terest, dividends, and earnings of unbecause reinvested earnings were neg- incorporated affiliates, and (2) reinative.
vested earnings of incorporated affiliReinvested earnings either declined ates.
or shifted to negative in all major inThe declines in income in 1981 and
dustries. The changes were particular- 1982 followed sharp increases in
ly large in manufacturing, trade, and 1978-80 (table 8). The declines largely
petroleum.
reflected the impact of the U.S. ecoIn manufacturing, reinvested earn- nomic recession on affiliate earnings.
ings declined from a negative $0.2 bil- Partly offsetting was a $1.0 billion inlion to a negative $1.5 billion. The de- crease in interest payments, which
terioration reflected a large shift to was largely attributable to a buildup
losses and small increase in gross of affiliates' payables at yearend 1981,
dividends. All industries within man- primarily to finance major acquisiufacturing except food products con- tions in 1981-82.
tributed to the deterioration (tables
Income declined in nearly all major
13 and 14). Particularly depressed industries. In manufacturing, income
were reinvested earnings in "other declined nearly 100 percent, in trade
manufacturing" and metals. In food and in "other" industries, nearly 50
products, reinvested earnings in- percent each, and in petroleum, 17
creased, as earnings increased.
percent. These declines contrasted
Reinvested earnings of trade affili- with sharp increases averaging over
ates shifted to a small negative 50 percent annually during 1978-80.
amount. The shift reflected a substanIn manufacturing, income declined
tial decrease in earnings coupled with $0.9 billion, to less than $0.1 billion.
a large increase in gross dividends. More than one-half of the decline was
August 1983
39
SURVEY OF CURRENT BUSINESS
Table 13.—Reinvested Earnings of Incorporated Affiliates, 1981
[Millions of dollars]
All
industries
Petroleum
Manufacturing
Primary
and
fabricated
metals
Chemicals and
allied
products
Food
prod-
Total
ucts
All countries
Canada
Europe
European Communities (10) *
Belgium and Luxembourg
France
Germany
Italy
Netherlands
Denmark, Ireland, and Greece
United Kingdom
Machinery
Other
manufacturing
Trade
Real
estate
Insurance
Finance
Other
3,760
2,366
-202
239
169
40
-407
-242
965
390
-45
48
-220
64
17
-13
-323
35
62
29
2,711
2,695
1,987
1,974
D
-116
149
195
102
70
(D)
12
46
(D)
-13
(D)
77
22
54
-4
35
3
-1
-9
0
30
-134
-136
D
-255
-267
277
250
-11
26
-1
87
(D;
139
C)
5
85
422
439
14
-29
186
1
6
1
260
53
0
47
6
1
-59
0
-1
2
16
-10
-4
13
3
17
-6
-17
20
37
(*)
27
2
10
16
-8
(•)
-1
(•)
194
( )
(D)
-2
-84
-75
-10
C)
( )
-7
-84
-35
93
(D)
-77
-1
-59
87
210
-56
144
152
0
(D)
D
( )
-53
-52
40
C)
(*)
49
15
(D)
136
8
-3
-2
171
0
21
12
13
(*)
(*)
-32
8
-28
-11
-46
(D)
(D)
1
32
-2
34
C)
-33
(D)
(D)
-2
658
7
-14
-4
13
16
19
-57
555
49
7
3
(D)
-1
0
14
(*)
-14
6
4
0
1
-7
439
58
65
-7
381
(D)
(*)
(*)
(•)
152
-10
7
-17
161
32
-5
(*)
-5
37
38
-3
(D)
(D)
41
(*)
30
53
(D)
(D)
(D)
8
4
7
-7
53
-4
(D
(D
4
(D)
(D)
(D)
(D)
(D)
-68
3
5
-2
-71
C)
2
1
3
4
-17
4
-1
5
-21
Middle East
Israel
Other
11
21
-10
(*)
0
0
0
0
(*)
(*)
0
1
0
1
(*)
0
C)
-2
-3
1
C)
-3
-3
0
6
2
4
33
24
9
0
0
0
-9
(D)
(D)
Other Africa, Asia, and Pacific
-22
(D)
-3
-1
-1
0
0
(*)
-17
1
(•)
(D)
-5
(*)
1
(*)
0
1
0
(*)
4
11
0
(D)
Other Europe
Sweden
Switzerland
Other
Japan
Australia, New Zealand, and South Africa..
Latin America
Latin American Republics
Panama
Other
Other Western Hemisphere
Memorandum—OPEC
-145
72
-27
4
582
C)
1,829
(*)
C)
17
42
-39
14
2,014
-195
-37
101
—4
-157
(*)
-141
C)
(D)
-16
9
10
-3
34
-1
28
40
(D)
-2
* Less then $500,000 (±).
Suppressed to avoid disclosure of individual companies.
1. In 1981, Greece joined the European Communities; prior to 1981, data for Greece were included in "other Europe." In 1981, reinvested earnings of Greek-owned affiliates were $4 million.
D
Table 14.—Reinvested Earnings of Incorporated Affiliates, 1982
[Millions of dollars]
Manufacturing
All
industries
Petroleum
Food
products
Total
Chemi- Primary
and
cals and fabricatallied
ed
products metals
Machinery
Other
manufacturing
Insurance
Finance
Trade
Real
estate
Other
-164
1,502
-1,458
338
-10
391
415
-980
-35
417
200
-409
381
Canada
-421
-195
-163
5
21
16
152
21
26
27
36
15
168
Europe
European Communities (10)
Belgium and Luxembourg
France
Germany
.
....
Italy
Netherlands
Denmark, Ireland, and Greece . ...
United Kingdom
285
517
178
306
-175
1,527
1 258
525
-967
-733
60
331
303
51
- 2 D7
()
-17
327
-- 61 06
-12
-248
-187
-774
-7621
-54
-81
46
-17
71
267
241
-10
89
740
-362
-356
10
(*)
(D)
(D)
-25
5
410
-1
374
1
267
4
-270
26
2
79
77
(•)
13
77
46
126
-13
8
78
-267
12
-35
11
-39
-7
121
26
3
5
19
15
14
(*)
1
-6
(*)
-7
1
69
13
-1
23
0
2
20
13
7
6
7
29
26
3
61
62
62
-13
3
1
3
-16
All countries
Other Europe
Sweden ....
Switzerland
Other
Japan
21
33
20
(D)
(*)
870
1
788
-232
50
-153
-29
(•)
78
2
Q3
-191
8
5
2
265
148
39
-235
-87
-102
-45
-149
28
(*)
-22
-81
-529
24
5
0
-7
-100
-16
21
2
84
(D)
88
(D)
(D)
60
-35
-15
10
2
-115
-19
17
(D)
-36
(*)
0
-20
1
-17
1
-4
5
25
-19
-9
156
25
-5
(*)
-5
30
-62
7
7
0
69
-21
-20
O
(*)0
-19
-50
157
-126
-54
-25
-29
73
81
-20
-15
-4
-61
Middle East
Israel
Other
-49
23
-73
(*)
0
(')
14
-4
-10
0
0
0
Other Africa, Asia, and Pacific
-36
-2
Memorandum—OPEC
69
•Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
D
(*)
(*)
-7
17
(*)
(*)
0
0
0
4
-4
1
-1
1
(*)
(*)
(*)
(*)
0
4
-25
3
C)
3
1
-346
0
4
Latin America
Latin American Republics
Panama
....
Other
Other Western Hemisphere
Australia, New Zealand, and South Africa
Q
7
-1
0
0
0
-52
(*)
1
0
188
-187
7
-52
(D)
4
122
9
(D)
(D)
3
-1
-21
1
(D)
(D)
22
17
C)
-17
-9
(D)
40
SURVEY OF CURRENT BUSINESS
August 1983
Table 15.—Income, 1981
[Millions of dollars]
Manufacturing
All
industries
All countries
Canada
Europe
.
European Communities (10)1
Belgium and Luxembourg
France
Germany
Italy
Netherlands
Denmark Ireland, and Greece
United Kingdom
....
Primary
and
fabricated
metals
Machinery
Other
manufacturing
Real
estate
Insurance
Finance
Trade
Other
3,392
934
361
408
243
-170
93
1,508
1,071
185
125
139
87
-207
67
20
-11
-317
35
67
177
-80
29
65
5,427
4 972
324
4
2,884
2 855
738
262
273
179
88
-65
941
483
184
62
615
285
218
167
1
91
848
318
179
1
135
97
(D)
10
23
10
36
(D)
24
1
(*)
-73
140
-193
-35
392
3 377
9
1,112
2 631
-41
-2
386
455
96
29
15
123
16
314
46
738
Japan
Chemicals and
allied
products
Food
products
Total
7,454
145
8
Other Europe
Sweden
Switzerland
Other
Petroleum
14
1
2
115
-8
C)
11
-2
2
39
76
(*)
17
0
65
139
(*)
55
1
-24
1
(*)
-1
23
-225
15
14
2
-36
209
1
105
28
128
60
C)
2
11
1
13
C)
34
9
-1
-1
-5
-50
-33
162
0
43
15
5
153
5
499
174
54
20
26
3
93
59
165
4
6
2
18
1
38
-4
29
-6
34
(*)
119
43
2
1
-44
493
126
21
10
54
33
8
1
—9
5
5
21
28
33
35
239
(*)
1
28
(D)
3
72
0
36
1
C)
(*)
1
38
(*)
30
8
51
3
6
-1
3
17
(*)
-14
9
933
186
70
368
-6
7
34
85
34
30
-19
C)
2
51
3
-3
184
1
7
-6
184
111
5
(*)
5
2
126
(*)
2
5
41
747
416
C)
(*)
(*)
416
3
5
(*)
Middle East
Israel
Other
71
(*)
39
32
0
(*)
-3
2
Other Africa Asia and Pacific
96
(*)
-3
Australia New Zealand and South Africa
Latin America
Latin American Republics
Panama
Other
Other Western Hemisphere
....
Memorandum OPEC
117
53
-14
374
39
H
88
0
(*)
0
o
-1
2
(*)
-2
(*)
-19
C)
2
0
2
(*)
0
(*)
-3
6
(*)
0
2
4
55
42
13
0
0
0
20
(•)
20
-10
2
-8
-1
0
(*)
-1
11
86
(*)
1
(*)
32
(*)
(*)
(*)
4
Other
manufacturing
Trade
Machinery
-188
-222
770
948
458
-146
-39
-13
-151
7
31
108
9
51
-155
-249
10
-19
17
-18
-5
-14
0
50
-33
-29
(D)
-4
-182
-189
542
476
-18
-48
288
-3
262
115
-3
-173
-166
-74
-81
9
-42
16
8
-86
-258
2
0
-3
0
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
1. In 1981, Greece joined the Eurpoean Communities; prior to 1981, data for Greece were included in "other Europe." In 1981, income of Greek-owned affiliates was $4 million.
D
Table 16.—Income, 1982
[Millions of dollars]
Manufacturing
All
industries
All countries
4,844
Petroleum
Total
Chemicals and
allied
products
-205
-138
-111
Europe
European Communities (10)
Belgium and Luxembourg
France
Germany
Italy
Netherlands
Denmark, Ireland, and Greece
United Kingdom
3,835
3,636
404
-332
-17
31
1,613
28
1,909
198
-1
195
4
2,714
2,702
483
-115
-9
3
1,464
(D)
205
302
-68
25
-448
-20
395
9
408
-70
13
-41
-1
11
-5
-2
314
0
64
49
(*)
D
237
129
(D)
8
(D)
C)
-17
2
122
109
-5
114
(*)
-31
(*)
241
C)
(*)
(*)
241
60
-56
-25
-31
116
26
-5
(*)
-5
31
212
33
179
(*)
0
-14
-4
-10
74
(*)
-2
191
(*)
Latin America
Latin American Republics
Panama
Other
Other Western Hemisphere
77
11
66
392
Middle East
Israel
Other
Other Africa, Asia, and Pacific
Memorandum—OPEC
*Less than $500,000 (±).
Suppressed to avoid disclosure of data of individual companies.
D
(*)
Finance
Real
estate
Insurance
Other
-1
(*)
5
216
-141
7
391
40
38
146
1
47
360
288
1
-1
91
3
48
(*)
146
-29
-4
-29
35
-9
7
(D)
19
(D)
66
40
31
-5
147
4
101
43
71
15
55
1
-7
(*)
-6
-1
7
4
2
5
33
-12
112
2
-44
-3
-5
-401
-153
1
2
7
1
-214
C)
38
13
15
-89
187
291
23
5
-18
1
-17
4
21
1
2
-5
7
7
(•)
-12
-5
-23
(D)
(D)
18
-19
(•)
63
-34
(D)
(D)
98
-8
-36
-31
-5
28
152
103
8
95
49
65
64
63
(*)
1
-41
5
3
1
-45
-1
-2
-8
6
2
(*)
(*)
0
(D)
0
(D)
-4
-4
-1
4
1
3
39
35
4
0
0
0
7
(*)
7
174
0
(D)
(D)
(*)
11
73
0
2
-10
0
(*)
3
15
Japan
Australia, New Zealand, and South Africa.
Primary
and
fabricated
metals
449
2,831
Canada
Other Europe
Sweden
Switzerland
Other
Food
products
C)
C)
-18
C)
174
171
August 1983
in metals (tables 15 and 16). The decline in metals was largely attributable to Swiss and French-owned affiliates, whose earnings shifted to net
losses. In ' 'other manufacturing/'
income shifted $0.3 billion to net
losses, mainly because German-owned
affiliates manufacturing automotive
products and parts had larger operating losses in 1982 than in 1981. In
chemicals, affiliates' income declined
$0.1 billion, and, in machinery, affiliates had slightly larger operating
losses in 1982 than in 1981. In contrast, income of affiliates in food products increased somewhat.
Income of trade affiliates declined
$0.7 billion, to $0.8 billion. The decline reflected a sharp decrease in
earnings, partly offset by a sizable increase in interest payments. A large
number of affiliates, particularly
those of parents in Japan and the
Netherlands, reported poor operating
results.
In "other" industries, income declined $0.7 billion, to $0.8 billion. The
decline was centered in real estate, finance, mining, and transportation
services, with particularly large declines for several Netherlands-owned
affiliates in real estate and a Britishowned affiliate in finance.
Income of petroleum affiliates declined $0.6 billion, to $2.8 billion. The
SURVEY OF CURRENT BUSINESS
41
decline was more than accounted for
Fees and Royalties
by a $1.1 billion decline in income of
Net payments of fees and royalties
Netherlands-owned affiliates, partly by U.S. affiliates declined $0.4 billion,
offset by a $0.9 billion shift to positive to less than $0.1 billion (table 8). Fees
income of British-owned affiliates. A and royalties consist of net payments
large share of these offsetting changes by U.S. affiliates to their foreign parwas due to the shift from Netherlands ents for the sale or use of intangible
to British direct ownership of affili- property, such as patents, industrial
ates discussed earlier. Affiliates of processes, trademarks, and copyparents in Canada and "other West- rights; service charges; charges for
ern Hemisphere" also had sizable de- the rental of tangible property; and
clines in income.
film and television tape rentals.
In contrast, income of insurance afThe decline in net payments was
filiates increased $0.3 billion. The in- largely attributable to a $0.2 billion
crease was more than accounted for increase in net receipts in trade and a
by a $0.5 billion shift from capital $0.2 billion decline in net payments in
losses to capital gains in these affili- "other" industries. The increase in
ates' income. The shift reflected in- net receipts in trade was mostly accreases in the market value of stock counted for by Japanese-owned affiliand bond portfolios held by the affili- ates, which had a large increase in reates—particularly those of parents in ceipts for warranty services perthe United Kingdom, Canada, and formed on motor vehicles imported
Switzerland—as U.S. stock and bond from their parents, and by a Britishmarkets rebounded strongly during owned affiliate, which reported a sizthe second half of 1982.
able decline in payments to its parent
The rate of return on the direct in- for the purchase of trade names. The
vestment position—income divided by decline in "other" industries was
the average of the beginning- and largely accounted for by a Britishend-of-year positions—declined sharp- owned affiliate, which had a substanly from 9.4 percent to 5.0 percent. The tial decline in payments to its parent
decline was the result of the decline for film and television tape rentals,
in income and the increase in the and a Kuwaiti Government-owned afaverage position. Rates of return de- filiate, which had an increase in reclined in all major industries, except ceipts from its parent for construction
insurance.
and other engineering services.
By RUSSELL B. SCHOLL
The International Investment Position of
the United States in 1982
xHE net international investment
position of the United States increased $12.2 billion in 1982, compared with $35.8 billion in 1981 (table
1). The 1982 addition, the smallest
since 1978, consisted of $30.2 billion in
net capital outflows that was partly
offset by unusually large valuation
adjustments of $18.0 billion. These adjustments largely reflected price appreciation of foreign holdings of U.S.
Treasury and corporate securities.
Net capital outflows on U.S. bank-reported transactions remained large,
and net capital inflows on direct investment were larger than in 1981.
Other private net capital inflows on
transactions with unaffiliated foreigners were large, as claims were reduced significantly more than liabilities.
Although increases in U.S. bank-reported claims and liabilities, mostly
reflecting interbank activities of international banking facilities (IBF's),
were large, banking transactions with
foreigners slowed in 1982. After midyear, as the worldwide recession deepened, interbank lending as well as
lending to unaffiliated foreigners
slowed markedly. Lending was further curtailed by increased uncertainties and risks associated with actual
or prospective external debt reschedulings by a number of financially
troubled countries.
Net capital inflows on U.S. direct
investment abroad primarily reflected
the severity of the worldwide recession and increased utilization of Netherlands Antillean finance affiliates to
borrow in the Eurobond market to finance U.S. parent operations. Capital
inflows for foreign direct investment
in the United States were reduced by
one-half.
Foreign holdings of U.S. securities
(including U.S. Treasury securities)
increased. There were large net pur42
chases of high-yielding U.S. bonds and Relationship of capital flows to the
current account
price appreciation on existing holdings of securities from U.S. bond and
In terms of accounting entries, the
stock market gains in the second half
of the year. The dollar's appreciation net capital flow component of the
in exchange markets also attracted U.S. international investment posiforeign purchases of dollar-denomi- tion equals the balance on current account in U.S. international transacnated assets.
The net U.S. international invest- tions, plus allocations of special drawment position was $168.6 billion at ing rights (SDK's) by the Internationyearend 1982. U.S. assets abroad in- al Monetary Fund (IMF), and an
creased $117.3 billion to $834.2 billion, entry for the statistical discrepancy in
mostly from capital flows (tables 2 the accounts (table 1, line 9 and
and 3). Foreign assets in the United memoranda). However, because capiStates increased $105.1 billion to tal flows and current-account transac$665.5 billion. Capital flows of $87.9 tions are simultaneously determined
billion were augmented by $17.3 bil- and interact through exchange rates
lion in price appreciation of foreign and other factors, there is no simple
holdings of U.S. Treasury and corpo- cause and effect relationship between
them.
rate securities.
Table 1.—Summary of Changes in the Net International Investment Position of the United States
[Millions of dollars]
((—) Decrease in U.S. assets or increase in foreign assests)
Line
Change in net international investment position (line 9+12).
1978r
1979 r
1980 r
1981 r
1982"
3,345
18,374
26,025
35,821
12,177
-662
-32,169
306
13,241
7,800
-16,280
3,319
-4,851
3,882
-8,370
Official holdings:
U.S. reserve assets
Foreign official assets
Other U.S. Government assets
Private, U.S. bank-reported, net
Other private, net:
Direct investment
Long-term securities
Other
International
transactions capital flows, net..
U.S. assets abroad
Foreign assets in the United States
12
Valuation and other adjustments, net
U.S. assets abroad
Foreign assets in the United States
15
Net international investment position of the United States at yearend.,
Memoranda:
International transactions capital flows, net (line 9 above), equals
lines 16+17 + 18:
Balance on current account (deficit ( —))
Allocation of special drawing rights
Statistical discrepancy (unrecorded outflows (—))
p
r
Preliminary.
Revised.
4,656
4,221
5,094
4,878
5,513
20,719
-6,394
36,094
42,436
37,852
8,861
1,626
314
13,140
-1,617
-4,523
13,628
-9,845
-10,466
-11,086
-570
1,695
-16,439
-5,811
-4,450
-2,906
25,579
31,129
29,924
30,179
61,130
-64,036
64,331
-38,752
86,052
-54,922
110,602
-80,678
118,045
-87,867
6,251
-7,205
-5,104
5,898
-18,001
7,420
-1,169
-1,576
-5,629
9,704
-14,808
-436
6,334
-744
-17,257
76,233
91607
120,632
156,453
168,630
421
1,152
29,556
4,592
1,093
24,238
-11,211
-15,446
"12,540
-964
1,139
25,404
41,390
43
SURVEY OF CURRENT BUSINESS
August 1983
The 1982 increase in the net investment position occurred in the face of
a shift to a U.S. current-account deficit. This anomaly may be explained
by the very large statistical discrepancy—more than $41 billion in 1982.
The discrepancy was probably in
large part accounted for by unrecorded capital inflows. If these inflows
Changes in U.S. Assets Abroad
had been recorded, the increase in the
net investment position would have
been correspondingly smaller, or even
could have shifted to a decrease.
Therefore, if the statistical discrepancy is large, the net investment position is at best only a rough indicator
of the international balance sheet of
the United States at the end of any
given period.
Bank claims
U.S. claims on foreigners reported
by banks increased $109.3 billion to
$402.3 billion (line 19 of tables 2 and
3). The establishment and subsequent
operation of IBF's accounted for
three-fourths of the increase in re-
Table 2.—Changes in the Net International Investment Position of the United States Reconciled with International Transactions Capital Flows
[Millions of dollars]
Lines
in
table
Changes in net international investment position of the United
States and U.S. assets abroad
1981 '
1982
Item (decrease (-))
Changes in net international investment position of the United
States.
International transactions capital flows, net
Valuation and other adjustments, net
U.S. assets abroad
Capital flows
Valuation and other adjustments
U.S. official reserve assets
Capital flows
Valuation and other adjustments
Lines
Foreign assets in the United States
table
3
Item (decrease ( —))
p
35,821
12,177
29,924
5,898
30,179
-18,002
110,166
110,602
-436
117,301
118,045
-744
20 Foreign assets in the United States
3,319
5,176
-1,857
3,882
4,965
-1,083
21
Capital flows
Valuation and other adjustments
-3
-9
(*)
-9
(*)
1,486
1,824
-338
-3
(*)
1,154
1,371
-217
24
2,202
2,491
-289
2,294
2,552
-258
Other
Capital flows
Price changes....
25
-360
861
-1,221
437
1,041
-604
Other U.S. Government liabilities 3
Capital flows
Statistical discrepancy
U.S. Government assets, other than official reserve assets..
Capital flows
Valuation and other adjustments
4,878
5,078
-200
5,513
5,732
-219
U.S. loans and other long-term assets, less repayments..
Capital flows
Exchange rate adjustments 2
Statistical discrepancy and other adjustments
5,209
5,298
-92
3
5,688
5,783
-115
20
U.S. foreign currency holdings and U.S. short-term assets
Capital flows
Exchange rate adjustments 2
Statistical discrepancy and other adjustments
-331
-220
-128
16
-175
-51
-135
11
101,969
100,348
1,621
107,906
107,348
558
10,984
9,680
-3,803
13,483
1,304
-5,016
-3,008
-8,331
5,323
-2,008
Gold
Capital flows
Public sales l
Valuation adjustment
Special drawing rights
Capital flows
Exchange rate adjustments
2
Reserve position in the International Monetary Fund
Capital flows
Exchange rate adjustments 2
Foreign currencies
Capital flows
Exchange rate adjustment2
12
U.S. private assets
Capital flows
Valuation and other adjustments
Direct investment abroad
Capital flows
Equity and intercompany accounts
Reinvested earnings of incorporated affiliates ...
Valuation adjustment
Foreign securities
Foreign bonds
Capital flows
Price changes
Exchange rate adjustments
Foreign corporate stocks
Capital flows
Price changes
Exchange rate adjustments
18
2
2
U.S. claims on unaffiliated foreigners reported by U.S...
nonbanking concerns
Capital flows
Change in coverage
669
12,104
2,304
5,448
-3,202
58
10,886
6,610
4,487
-211
-1,635
188
-1,756
-67
1,218
1,376
861
-1,019
1,181
1,181
U.S. Treasury securitiei
Capital flowsPrice chanjgges
Statis
Statistical discr
discrepancy
26
28
29
U.S. claims reported by U.S. banks, not included
elsewhere
Capital flows
Change in coverage and statistical discrepancy..
89,135
83,851
5,284
105,124
87,867
17,257
4,851
5,430
-579
8,370
3,173
5,197
7,462
33
5,632
4,983
654
-5
7,906
5,759
2,147
1,257
1,289
-32
-444
-670
226
-28
509
504
5
-2,054
-2,054
1,443
2,665
-1,222
2,453
-366
2,819
69,494
75,249
-5,755
96,754
84,694
12,060
Direct investment in the United States
Capital flows
Equity and intercompany accounts
Reinvested earnings of incorporated affiliates...
Valuation adjustment
22,070
21,998
18,238
3,760
72
11,423
10,390
10,554
-164
1,033
U.S. securities other than U.S. Treasury securities-
1,239
17,915
1,182
2,117
-935
5,734
2,523
3,211
57
5,056
-4,999
12,181
3,618
8,563
-514
942
-1,456
-4,078
-3,104
-974
46,699
71,494
2,447
2,982
-737
139
63
7,231
7,004
-257
484
44,252
42,154
2,098
64,263
64,263
Other
official assets..
Jther foreign oitu
Capital flows....
Price changes..
Other foreign assets in the United States .
Capital flows
Valuation and other adjustments
U.S. liabilities to unaffiliated foreigners reported by
U.S. nonbanking concerns
Capital flows
Change in coverage and other adjustments
U.S. Treasury securities and other liabilities
reported by U.S. banks
U.S. Treasury securities
Capital flows
Exchange rate adjustments2
Price changes
Statistical discrepancy
U.S. liabilities reported by U.S. banks, not included elsewhere
Capital flows
Change in coverage and statistical discrepancy..
" Preliminary.
Revised.
•Less than $500,000 (±).
1. Reflects sales to the public from U.S. Treasury gold stock; these demonetizations are not included in the international transactions presentation,
2. Represents gains or losses on foreign currency-denominated assets and liabilities due to their revaluation at current exchange rates.
3. See table 3, footnote 8.
r
74,345
80,678
-6,334
-3,453
-3,479
26
orpor
Capital flows
Price changes
-6,976
-1,552
109,346
109,346
U.S. liabilities reported by U.S. banks, not included
elsewhere
Capital flows
Change in coverage and statistical discrepancy
Corporate and other bonds
Capital flows
Price changes
36
19
1982"
U.S. Government securities
27
9-11
Foreign official assets in the United States..
Capital flows
Valuation and other adjustments
1981'
44
SURVEY OF CURRENT BUSINESS
ported claims (table 4). The sizable
transfers to IBF's of existing assets
and liabilities and of business formerly booked at overseas offices obscure
the underlying slowdown in U.S. bank
lending to foreigners. The major factors contributing to the slowdown
were the worldwide recession and the
related decline in international trade.
Attractive financing conditions in the
bond and equity markets throughout
the year may have also slowed bank
lending. In the second half of the
year, much slower growth in both IBF
and other bank lending reflected increased concern over banks' country
risk exposure in a number of areas.
The increase in IBF claims in 1982
included the transfer of claims at the
time of IBF establishment, the transfer of ongoing foreign business, and
the booking of new business at IBF's.
Although much of the transferring of
existing positions and subsequent
August 1983
transfers of ongoing business was
from other U.S. offices, leaving the
U.S.-reported international position
unaffected, large amounts came from
branches located abroad, thus augmenting reported foreign claims and
liabilities of U.S. banking institutions.
For the most part, U.S.-owned banks
transferred claims and liabilities
booked at their Caribbean branches,
and to a lesser extent at their London
branches, to IBF's (table 5, lines 7,
Table 3.—-International Investment Position of the United States at Yearend ]
[Millions of dollars]
Total
Line
Western Europe
Canada
Japan
Type of investment
1978
1979
1980
1981
1982
1981
1982
1981
1982
1981
1982
Latin American
Republics and
Other Western
Hemisphere
1981
1981
Net international investment position of
the United States.
76,233 94,607 20,632 56,453 168,630
-40,511 -51,084 67,069 68,068
U.S. assets abroad
147,868 10,582 606,687 716,853 834,154
216,331 256,419 03,517 08,455
18,650 18,956 26,756
11,671 11,172 11,160
1,558
2,724 2,610
2,852
1,047
1,253
10,134
4,374 3,807
U.S. Government assets, other than offi63,536
54,221 58,442
cial reserve assets.
U.S. loans and other long-term assets 2 ..
61,856
52,273 56,517 59,632
Repayable in dollars
Other 3
2,438 54,125 2,224
U.S. foreign currency holdings and
1,948 2,392 1,680
1,925
U.S. short-term assets.
U.S. official reserve assets
Gold
Special drawing rights
Reserve position in. the International
Monetary Fund.
Foreign currencies
19
U.S. private assets
Direct investment abroad
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.
20 Foreign assets in the United States
174,997
62,727
53,384
42,148
11,236
28,070
,33,184
.87,858
56,800
41,966
14,834
31,497
516,395
215,375
62,482
43,487
18,995
34,672
30,075 33,957
11,151 11,148
4,096 5,250
5,054 7,348
34
U.S. Treasury securities and other liabilities reported by U.S. banks.
U.S. Treasury securities
U.S. liabilities reported by U.S.
banks, not included elsewhere.
1981
99,933 16,291
42,863 44,180
205,433 [251,378
C)
2,066
2,144
2,093
1982
2,768
25,799 30,587
114,850 133,845
33,861 39,877
5,337
20,301 23,746
11,151 11,148
4,096 5,250
5,054 7,348
2,093
9,774 10,211
7,708
5,974
(*)
2,066
2,144
10,804
10,479
391
491
642
556
12,312
13,775
38,568 42,164
5,698
6,462
67,065 72,753
64,801 70,783
2,264 1,970
1,174
1,349
10,558
10,142
416
246
10,253
9,923
330
226
391
391
481
481
622
622
539
539
6,457
6,457
10
20
37,539 41,292
36,160 40,094
1,379
1,198
1,029
872
5,693
5,693
C)
12,262 13,731
11,792 13,289
470
442
50
44
197,819 239,966 .03,126 07,964
101,514 99,877 45,129 44,509
13,560 17,615 36,098 40,518
7,733 10,419 26,520 31,625
9,578 8,893
7,196
5,827
8,085 7,776 5,006
9,782
40,155 41,480
6,755 6,872
2,921 3,946
2,302
1,695
5
1,226 5 1,644
1,348
1,610
193,121 235,510
30,263
1,601
1,528
1,111
979
490
549
12,109 9,173
76,282 91,681
31,845 34,712
5,890 7,144
6,848
5,651
296
239
3,713
4,576
7,862
4,780
3,081
3,081
9,669
5,110
4,504
4,504
17,931
28,869 29,314
143,075 194,546
33,971 46,112
256,842 307,503 36,448 40,387
44,036 42,181
105,500 135,087
109,513 131,077
118,364
226,359
63,151
45,791
17,360
35,853
r
26,270
221,343
75,255
56,677
18,578
27,325
30,816 157,029 203,866 293,001 402,347
371,635 415,975 486,055 560,400 665,524
98,673 256,254 310,054 379,548 476,302
72,963 114,389
14,123
67,218
63,385
2,556
2,242
2,609
2,484
164
181
2,255
2,118
\
189,624 244,118 33,892 38,145
7,091
6,409
260
497
7,977
8,507
98,409 128,678
4
55
8,062
9,290
14
1
8,048
9,289
42,471 54,462 68,351 90,421 101,844
53,554 58,587 74,114 75,353 93,268
60,510
52,885
68,514
66,424
9,883 •9,823
12,556 14,536
6,993
1,504
8,742
1,735
8,473
4,538
9,195
5,685
4,562
3,072
5,570
3,954
798
11,457 10,269 9,545 10,727 16,461
42,097 48,318 64,569 64,626 76,807
16,019 18,669 30,407 29,893 25,815
7,913
44,972
11,916
12,824
975 1,271
53,600 11,581 13,265
10,880 2,182
2,491
575
929
1,923
741
994
1,573
447
4,091
4,686
749
4,936
4,050
517
2,555
9,186
594
3,360
6,821
300
498
282
652
86,629 124,536 137,182 183,881 255,375
9
8,910 14,210 16,113 18,560 9 25,791
77,719 110,326 121,069 165,321 229,584
X Includes U.S. gold stock.
*Less than $500,000 (±fc
1. Data for 1978-81 are revised; data for 1982 are preliminary.
2. Also includes paid-in capital subscription to international financial institutions and outstanding amounts of miscellaneous 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.
3. 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.
4. For the most part, represents the estimated investment in shipping companies operating
under the flags of Honduras, Panama, and Liberia, and in U.S. affiliated multinational trading
5,974
1982
1982
1,999
International
organizations
and
unallocated $
68,414 73,927
Foreign official assets in the United .72,962 159,721 176,001 180,852 189,222
States.
U.S. Government securities
.28,511 106,640 118,189 125,078
.
132,540
.23,991 101,748 111,336 116,968 124,874
U.S. Treasury securities
4,520 4,892 6,853 8,110 7,666
Other
12,654 12,618 13,306 13,278 13,787
Other U.S. Government liabilities 8
U.S. liabilities reported by U.S. banks 23,327 30,540 30,381 26,928 24,874
not included elsewhere.
8,470 9,923 14,125 15,568 18,021
Other foreign official assets
Other foreign assets in the United StatesDirect investment in the United States.
U.S. securities other than U.S. Treasury securities.
Corporate and other bonds
Corporate stocks
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns.
7,708
-1,173
Other foreign
countries
companies, finance and insurance companies, not designated by country.
5. U.S. holdings of Japanese shares may be underestimated. This is in part due to the recording
of security transactions by the country of transactor rather than the country of issuer.
6. Details not shown separately are included in totals in lines 21 and 28.
7. Details not shown separately are included in line 20.
8. Primarily includes U.S. Government liabilities associated with military sales contracts and
other transactions arranged with or through foreign official agencies.
9. Includes U.S. Treasury notes denominated in foreign currencies sold through foreign central
banks to domestic residents in country of issue. These notes are subject to restricted transferability.
SURVEY OF CURRENT BUSINESS
45
offices represented U.S. parent bank
funding of IBF's via these offices; part
replaced funds lost by foreign offices
from a sharp decline in deposits of
unaffiliated foreigners. Funding of
overseas banking offices from the
United States was faciliated by a falloff in demand for U.S. bank credit
and a sharp decline in the cost of
funds in the United States. However,
both intra- and interbank lending
slowed rapidly in the second half of
the year, reflecting the decline in
demand for international bank credit
associated with the worldwide recession. Claims on own foreign offices increased $18.8 billion in the first half
of the year, compared with $11.8 billion in the second. Claims on unaffi-
Hated banks and others increased
$47.3 billion, compared with $27.8 billion.
Other factors contributing to the
slowdown, especially in claims on unaffiliated foreigners, were the inability of a number of developing countries to meet their external debt payment schedules and bankruptcies of
several large corporations and financial institutions abroad.
Banks
became increasingly cautious about
additional lending as they reassessed
their country risk exposure. Mexico,
Brazil, and Argentina were among
major borrowers who requested rescheduling of payments on their international indebtedness.
Claims on foreigners for banks' customer accounts increased only $3.6
billion, compared with $8.9 billion in
1981 (table 4). Most of the growth in
1982 was in overseas deposits, mainly
in the United Kingdom, of U.S.
money market mutual funds. That increase was sharply curtailed after the
first quarter, partly in response to
concerns about banks' country risk
exposure.
August 1983
10). In contrast, foreign-owned agencies and branches in the United
States did not transfer claims and liabilities from foreign offices to the
same extent, because this would have
increased their foreign business earnings subject to U.S. income taxes.
However, foreign-owned agencies and
branches did shift claims and liabilities from their U.S. offices to IBFs.
Overall, U.S. bank-reported claims
and liabilities would have been considerably lower in the absence of IBF
establishment and operations.
Both IBF's and other U.S. banks
were the primary suppliers of funds
to the Eurobank markets for the first
9 months of the year. Some of the increase in claims on their own foreign
Table 4.—U.S. Bank-Reported Claims and Liabilities, Including International Banking Facilities*
[Amounts outstanding at yearend, billions of dollars]
All U.S. offices, including
IBF's
IBF's
Line
Claims
1981 1982
1 Bank-reported positions with foreigners, excluding official
liabilities (table 3, lines 19 and 36).
Own accounts payable in dollars
U.S -owned banks with foreigners
Own foreign offices
Unaffiliated banks
Others
2
3
4
5
6
7
8
9
10
Foreign-owned banks with foreigners
Own foreign offices
Unaffiliated banks
Others
11
Customer accounts payable in dollars
12
Payable in foreign currency
Liabilities
1981 1982
1981
Liabilities
Clai ms
1982
1981
1982
63.4
143.6
45.0
118.7
293.0
402.3
165.3
229.6
62.2
21.2
2.9
8.5
9.8
139.7
54.2
8.8
22.0
23.4
44.2
19.1
15.6
2.3
1.2
116.0
51.8
33.2
7.6
11.0
251.1
147.1
58.3
49.6
39.2
354.0
199.8
72.7
71.3
55.8
146.6
76.7
44.0
15.6
17.1
208.9
101.3
57.3
17.0
27.0
41.0
5.4
13.3
22 3
85.5
16.8
34.2
34.5
25.1
15.9
8.5
.7
64.2
26.9
30.5
6.8
104.0
38.3
24.5
41.2
154.2
54.6
48.0
51.6
69.9
53.5
11.2
5.2
107.6
61.2
33.1
13.3
36.0
39.9
15.2
16.0
1.2
3.9
.8
2.7
5.9
8.4
3.5
4.7
3.3
5.2
26.9
24.9
3.3
5.2
17.1
9.8
16.6
8.3
13 Bank-reported positions with official foreigners (table 3, line
26).
14
Own accounts payable in dollars
15
Customer acounts payable in dollars
•Excludes foreign holdings of U.S. Treasury securities.
Table 5.—U.S.-Owned Banks in the United States and their Foreign Branches: Claims on and
Liabilities to Unaffiliated Foreigners
[Amounts outstanding at yearend, billions of dollars]
Liabilities to
unaffiliated
foreigners
Claims on
unaffiliated
foreigners
Line
Total U.S.-owned banks' positions with unaffiliated foreigners..
Unaffiliated banks
Other foreigners
U.S. offices' positions with unaffiliated foreigners (table 3, portions of lines
19, 26, and 36).
Unaffiliated banks
Other foreigners
Of which international banking facilities' (IBF's) positions with unaffiliated foreigners.
Unaffiliated banks
Other foreigners
Foreign branches' positions with unaffiliated foreigners...
Unaffiliated banks
Other foreigners
1980
1981
1982
1980
1981
1982
333.4
175.1
158.3
380.0
200.4
179.6
394.2
204.8
189.4
258.4
146.3
112.1
264.3
140.5
123.8
235.5
113.7
121.8
45.1
55.0
15.6
29.5
4.8
17.0
38.0
21.2
2.3
2.5
7.6
13.6
219.2
124.9
94.3
180.5
96.7
83.8
55.5
28.7
26.8
277.9
146.4
131.5
127.1
49.6
39.2
18.3
71.3
55.8
45.4
8.5
9.8
22.0
23.4
291.2
150.8
140.4
267.1
133.6
133.5
14.2
24.6
219.6
132.1
87.5
Foreign securities
Holdings of foreign securities by
U.S. residents increased $12.1 billion;
this 19-percent increase, to $75.3 billion, was the largest annual increase
since 1976 (line 15 of tables 2 and 3).
Strong rallies in foreign bond and
stock markets in the second half of
the year contributed to an increase in
net purchases of $8.0 billion and price
appreciation of $5.3 billion. An exchange rate loss of $1.2 billion, mostly
in foreign stocks, was partly offsetting.
U.S. holdings of foreign bonds,
largely dollar denominated, appreciated $4.5 billion. An additional $6.6 billion increase was through net purchases—mainly of foreign bonds
newly issued in the United States and
largely in the second half of the year.
New issues were limited in the first
half due to high U.S. interest rates
and the availability of more favorable
terms in Eurobond markets. By
August, U.S. rates began to fall rapidly along with the general easing of
credit conditions; rates of Aaa rated
bonds declined from over 15 percent
August 1983
46
SURVEY OF CURRENT BUSINESS
at midyear to 12 percent by yearend.
Concurrently, bond prices increased
30 percent, providing a strong incentive for foreign borrowers, especially
Canada and the World Bank, to
borrow in the United States. Borrowing in the U.S. market was encouraged also by a Securities and Exchange Commission (SEC) ruling late
in 1981 that permitted "shelf registration." Under this ruling, prospective
foreign borrowers were permitted to
register with the SEC and then wait
up to 2 years for market conditions
favorable to their issue. Most new
issues were initiated through shelf
registration in 1982.
U.S. holdings of Canadian bonds increased $5.1 billion to $31.6 billion.
Although less than the near-record
placements of 1981, new issues of Canadian bonds, at $3.1 billion, were
still large, in part because of the differential in Canadian over U.S. bond
rates. However, Canada also relied
more on other foreign sources in 1982
than in 1981, and placed proportionately more in the Eurobond market.
U.S. holdings of World Bank bonds increased; new issues were $1.& trillion
and price appreciation was $0.6 billion. Holdings of Western European
bonds increased $2.7 billion; of the
$2.7 billion, $0.7 billion was in new
issues, largely Scandinavian; $1.0 billion was in U.S. net purchases of outstanding bonds; and the remainder
was due to price appreciation. U.S.
holdings of developing countries'
bonds increased only slightly. Holdings of Latin American countries'
bonds dropped in value, due to small
net U.S. sales and price depreciation.
U.S. holdings of foreign stocks increased $1.2 billion to $18.6 billion.
Net purchases of $1.4 billion were
augmented by almost $1.0 billion in
price appreciation, reflecting secondhalf rallies on most foreign stock exchanges.
Exchange
rate
losses
amounted to $1.0 billion. U.S. holdings of Western European issues
jumped 23 percent to $7.2 billion, as
nearly $1.0 billion in purchases—
mainly of Netherlands, French, and
British stocks—were added to portfolios. Western European stock price increases averaged 20 percent, and U.K.
prices showed a 34-percent increase.
Despite a rally in the Canadian
market, U.S. investors' net holdings
Other U.S. claims on unaffiliated
of Canadian stocks declined slightly,
to $8.9 billion. U.S. investors pur- foreigners reported by nonbanking
chased $0.3 billion in Japanese stocks, concerns decreased by $8.5 billion to
all in the second half of the year, in- $27.3 billion, the first decrease in
nearly two decades (line 18 of tables 2
creasing holdings to $1.6 billion.
and 3). Commercial claims decreased
U.S. direct investment abroad and $3.1 billion (capital inflow), reflecting
depressed trade, high U.S. interest
other private assets
rates, an appreciating dollar, and the
U.S. direct investment abroad de- need for internal corporate funds. Ficlined 2 percent, or $5.0 billion, to nancial claims decreased $3.9 billion,
$221.3 billion (line 14 of tables 2 and as companies reduced deposits and
3). The decline reflected the world- short-term investments in Caribbean
wide recession and record foreign bor- banking centers and Canada. An inrowing through Netherlands Antille- crease in the exemption level for rean finance affiliates; excluding bor- quired reporting decreased claims $1.6
rowing from these finance affiliates, billion.
U.S. direct investment abroad increased 2 percent. Declining sales and
production severely depressed overseas earnings. With accelerated dividend repatriation to the United U.S. official reserve assets and other
U.S. Government assets
States, reinvested earnings of incorporated affiliates were only $5.3 billion
in 1982, compared with $13.5 billion
U.S. reserve assets increased $3.9
in 1981. U.S. parent corporations bor- billion to $34.0 billion (line 3 of tables
rowed heavily in the medium-term 2 and 3). The U.S. reserve position in
Eurobond markets—where rates were the IMF increased $2.3 billion to $7.4
generally lower than in the United billion. For the past few years, heavy
States—via their Netherlands Antille- drawings of dollars from the IMF by
an finance affiliates. Part of this bor- developing countries have increased
rowing represented replacement of the U.S. reserve position. Holdings of
high-cost short-term bank debt and SDR's increased $1.2 billion to $5.3
part represented lower cost financing billion. Both the reserve position and
than available in the United States SDR holdings (valued by the IMF in
for less-than-prime-rated companies. units of SDR's) were lowered in dollar
U.S. corporations placed $10.2 billion terms because the dollar appreciated
in Eurobonds in 1982, compared with against the SDR in 1982. Foreign cur$3.7 billion in 1981. Net inflows, in- rency holdings increased $0.4 billion
cluding proceeds of Eurobond place- to $10.2 billion; net acquisitions of
ments, from Netherlands Antillean fi- $1.0 billion were partly offset by exnance affiliates increased to a record change rate losses of $0.6 billion. Net
$9.5 billion, from $3.5 billion.
acquisitions of $2.1 billion in Mexican
Modest changes in U.S. direct in- and Brazilian currencies resulted
vestment
occurred
in
Western from swap transactions with those
Europe, Japan, and Canada. Canadian countries, both of which had serious
investments were reduced by an ex- external debt problems. Holdings of
change of U.S. company's Canadian German marks decreased $1.8 billion,
mining affiliates for Canadian inter- reflecting repayment of maturing
ests in the United States. (This trans- U.S. Treasury foreign currency notes
action also affected foreign direct in- issued to German residents in 1978
vestment in the United States.) Ex- and 1979.
cluding payables due to the NetherOther U.S. Government assets inlands Antilles, U.S. investments in creased $5.5 billion to $73.9 billion
Latin America and other developing (line 8 of tables 2 and 3). Stepped-up
countries increased, largely the result credit financing of military sales and
of net capital flows to petroleum af- a $1.0 billion prepayment in August
filiates. x
to Mexico for future petroleum deliveries contributed to the increase,
which occurred despite a decline in
1. For details, see "U.S. Direct Investment Abroad
Export-Import Bank lending.
in 1982" in this issue.
August 1983
Changes in Foreign Assets in
the United States
Foreign official assets in the United
States
Foreign official assets in the United
States increased $8.4 billion to $189.2
billion (line 21 of tables 2 and 3). Purchases of $3.2 billion were augmented
by a $5.2 billion appreciation in the
value of U.S. Treasury and corporate
securities. Assets of industrial countries decreased $6.1 billion, largely
from sales of dollars to support their
currencies in exchange markets, particularly in the first half of the year
when the dollar appreciated rapidly.
OPEC members added only $7.4 billion to their U.S. holdings and actually reduced them in the last quarter.
Dollar assets of other developing
countries increased $2.3 billion, largely reflecting substantial purchases of
U.S. Treasury securities by a Far
Eastern country. Most other developing countries, especially several in
Latin America, drew down their
dollar assets in meeting their balance
of payments and debt service requirements.
Other foreign assets
U.S. liabilities to private foreigners
and international financial institutions reported by banks increased
$64.3 billion to $229.6 billion (line 36
of tables 2 and 3). Large increases at
IBF's were partly offset by declines at
other U.S. banking offices. Liabilities
booked at IBF's increased $73.7 billion, of which 70 percent occurred in
the first half of the year. As was the
case with IBF claims, transfers included the rebooking of liabilities
from foreign offices in Eurobank markets. Foreign deposit growth in the
United States was sharply reduced in
the second half of the year, reflecting
U.S. banks' reduced demand for funds
and declining U.S. interest rates.
For the year, bank liabilities increased to all foreign areas. The increase in liabilities to Western
Europe accelerated to $28.6 billion; in-
SURVEY OF CURRENT BUSINESS
trabank liabilities to own foreign offices increased $14.2 billion and to unaffiliated banks $8.7 billion, both
largely to the United Kingdom. Liabilities to Caribbean banks increased
$18.7 billion; $5.7 billion was to own
foreign offices and $11.4 billion to unaffiliated banks. There was a $10.1
billion increase to Latin American
residents other than banks, who were
attracted to dollar-denominated assets
because of sharp depreciations of
their currencies in exchange markets.
Liabilities to Canada increased $1.5
billion, and those to international and
regional financial institutions increased $0.8 billion—partly the investment of net proceeds from World
Bank bonds newly issued in the
United States.
Investor preference for dollar-denominated assets was evident from
the record $7.2 billion increase, to
$25.8 billion, in foreign private holdings of U.S. Treasury securities (line
35 of tables 2 and 3). Western Europeans, mainly British and Swiss accounts, were the largest buyers; they
more than doubled net purchases in
1982. The $1.8 billion redemption of
maturing U.S. Treasury mark-denominated bonds issued to German
residents in 1978 and 1979 was partly
offsetting.
Foreign holdings of U.S. securities
other than Treasury securities increased $17.9 billion to $93.3 billion
(line 30 of tables 2 and 3). Price appreciation increased bond holdings 30
percent and stock holdings 13 percent,
accounting for about two-thirds of the
increase. The strength of the dollar
and high yields encouraged foreign
purchases.
The second-half stock market rally
in the United States boosted both
stock values and foreign demand. Although gross transactions increased
substantially, net purchases increased
slowly until December, when purchases jumped to $1.0 billion. For the
year, net purchases of $3.6 billion and
price appreciation of $8.6 billion resulted in a $12.2 billion increase in
foreign holdings of U.S. stocks. Western European holdings increased $8.6
billion to $53.6 billion, led by $3.1 billion in net purchases by British residents. Since October 1979, when British exchange controls were eliminated, British holdings have increased
$11.5 billion or 133 percent. The in-
47
crease partly reflected the substantial
appreciation of the dollar against
sterling in the past 2 years. Among
o her holding in Western Europe,
Swiss holdings decreased $0.5 billion,
Trench and German holdings increased $0.1 billion and $0.3 billion,
respectively, and Dutch holdings were
unchanged. Total Western European
holdings appreciated $6.0 billion in
price. Outside Western Europe, holdings amounted to $23.2 billion and
were unchanged.
Foreign holdings of U.S. corporate
and other bonds increased $5.7 billion
to $16.5 billion. Holdings increased
$3.2 billion due to price appreciation
in the last half of the year: $2.5 billion of net purchases were mostly in
the first half before U.S. long-term interest rates dropped sharply. Net foreign purchases of outstanding bonds
were $1.9 billion, and new issues sold
abroad by U.S. corporations were $0.6
billion. (An additional record $10.3
billion in Eurobonds was issued
abroad by U.S. corporations through
their Netherlands Antillean finance
affiliates. See discussion under U.S.
direct investment abroad.) Foreign
demand for long-term fixed-income
dollar securities was particularly
strong from mid-1981 to mid-1982,
when yields were 2V2 to 3 percentage
points above Eurobond rates and the
dollar was appreciating. German residents acquired $1.9 billion, and Swiss
and French residents accounted for
the remainder of the $2.2 billion in
net purchases by Western Europeans.
Including an increase of $2.7 billion
due to price appreciation, Western
European holdings were $12.8 billion
at yearend. Holdings from all other
areas were $3.6 billion.
Foreign direct investment in the
United States increased $11.4 billion,
or 13 percent, to $101.8 billion, compared with a record 32-percent increase in 1981 (line 29 of tables 2 and
3). Several unusually large acquisitions had swelled the 1981 increase;
also, the slowdown in 1982 partly reflected reduced financial capital requirements during the U.S. recession.
The 1982 increase in foreign direct investment was comprised of equity and
intercompany account inflows of $10.6
billion, small negative reinvested
earnings, and a $1.0 billion upward
valuation adjustment. The adjustment
reflected the sale of a U.S. mining af-
48
filiate by its Canadian parent for
more than its book value. The negative reinvested earnings, which indicated that more income was drawn
from U.S. affiliates than was earned,
was the first recorded. Only U.S. petroleum affiliates had positive reinvested earnings. 2
2. For details, see "Foreign Direct Investment in the
United States in 1982" in this issue.
SURVEY OF CURRENT BUSINESS
U.S. liabilities to unaffiliated foreigners reported by nonbanking concerns decreased $4.1 billion to $25.8
billion, the first decrease since 1976
(line 33 of tables 2 and 3). An increase
in exemption levels for required reporting resulted in a loss in coverage
of $1.0 billion and the remaining decrease of $3.1 billion mainly reflected
a $2.8 billion decline in trade payables to petroleum-exporting countries
August 1983
in the Middle East—a drop related to
the falloff in petroleum trade worldwide. U.S. companies also reduced
their financial liabilities to Caribbean
banking centers, to Japan, and to
countries in Western Europe, by a
total of $1.5 billion. Offsetting was a
$1.7 billion increase in commercial liabilities, perhaps partly reflecting advance payments by foreigners to U.S.
firms as the dollar appreciated.
By REGIONAL ECONOMIC MEASUREMENT DIVISION
State Personal Income, 1980-82: Revised Estimates
Revision policy
These estimates, with further revisions ness expense, as well as certain other
Preliminary annual estimates of to the years 1980-82, will form the personal payments to government
State personal income, which are de- basis for local area annual personal agencies that are convenient to treat
rived from quarterly estimates, are re- income as well as revised State quar- as taxes. Personal taxes include
leased each April. The quarterly esti- terly personal income estimates to be income, estate and gift, personal propmates are based primarily on the released next April.
erty, and selected license taxes. PerBureau of Labor Statistics' EstablishComprehensive revisions are initiat- sonal contributions for social insurment (790) Survey. More reliable ed periodically—approximately every 5ance are not treated as taxes. Nontax
annual estimates, including revised es- years—at the national level and ex- payments include passport fees, fines
timates for earlier years, are released tended, where appropriate, to the Stateand penalties, donations, tuition and
in August. The August estimates are and local area levels. The completion fees paid to schools and hospitals opprepared in greater component detail of the most recent cycle of comprehen- erated by government, and miscellathan the quarterly estimates and are sive revisions to State personal income neous revenues. Per capita disposable
based primarily on Federal and State is described in the August 1982 personal income is the disposable pergovernment administrative records. SURVEY OF CURRENT BUSINESS.
sonal income divided by resident population as of July 1.
The definitions underlying the
State estimates of personal income
are essentially the same as those underlying the personal income estiTHIS article presents estimates of sons from all sources, that is, from mates in the national income and
State personal income—that is, participation in production, from product accounts. The major differincome from all sources received by transfer payments from government ence is that the national estimates inpersons residing in each State. Table and business, and from government clude income of residents of the
1 presents total and per capita per- interest, which is treated like a trans- United States temporarily working
sonal income for 1959, 1969, and fer payment. Persons consist of indi- abroad (including Federal civilian and
1979-82. Table 2 presents total and viduals, nonprofit institutions, private military personnel and employees of
per capita disposable personal income noninsured welfare funds, and private U.S. firms), whereas the State estifor the same years. Table 3 presents trust funds. Proprietors' income is mates include only the income of perpersonal income by type and earnings treated in its entirety as received by sons currently residing and/or work(labor and proprietors' income) by in- individuals. Life insurance carriers ing in the 50 States and the District
and private noninsured pension funds of Columbia. Another difference bedustry for 1980-82.
The estimates for 1980-82 super- are not counted as persons, but their tween the national and State series
sede those published in the April 1983 saving is credited to persons. Personal relates to the classification of income
SURVEY. The estimates for 1982 are income is the sum of wage and salary into farm and nonfarm categories, as
presented in detail for the first time; disbursements, other labor income, shown on table 3. In the national estithose for 1980 and 1981 reflect rou- proprietors' income with inventory mates, farm income consists of farm
tine national revisions presented in valuation and capital consumption ad- earnings and agricultural net interthe July 1983 SURVEY, as well as more justments, rental income of persons est; in the States estimates, it is limitcomplete source data for States. Esti- with capital consumption adjustment, ed to farm earnings.
For a summary description of the
mates for years prior to 1980, which personal dividend income, personal
sources
and methods used in preparinterest
income,
and
transfer
payare not revised, are in the August
1982 SURVEY: total and per capita per- ments, less personal contributions for ing national estimates of personal
sonal income for 1929-79, total and social insurance. Per capita personal income, see pages 18-40 in the Noper capita disposable personal income income is the total personal income of vember 1979 SURVEY. A description of
for 1958-79, and personal income by residents (for the year) divided by the sources and methods used in preparing State personal income will be pubtype and earnings by industry for resident population as of July 1.
Disposable personal income is per- lished, together with the entire time
1979.
The personal income of a State is sonal income less personal tax and series of annual State estimates,
the income received by, or on behalf nontax payments. This item includes under the title State Personal Income,
of, all the residents of that State. It personal tax payments (net of re- 1929-82; publication is planned for
consists of the income received by per- funds) that are not chargeable to busi- 1984.
49
Table 1.—Total and Per Capita Personal Income by States and Regions, 1959,1969,1979-82
Per capita
Total
Millions of dollars
State and region
1959
United States
1
1969
1979
1981
1982
747,536 1,943,983 2,158,685 2,426,901 2,571,592
1959-82
Percent of
national average
Dollars
Average annual
growth (percent)
1981-82
1959
1969
1979
1980
8,657
1981
1982
1959
1979 1982
8.64
5.96
2,160
3,714
9,503 10,582 11,107
100
New England
Connecticut
Maine
Massachusetts
New H a m p s h i r e Rode Island
Vermont
24,676
7,016
1,725
12,168
1,242
1,833
692
47,499
13,991
3,016
23,010
2,599
3,439
1,443
110,039
31,786
7,787
51,532
7,433
7,902
3,600
123,535
35,922
8,641
57,940
8,321
8,702
4,010
138,494
40,279
9,604
64,944
9,420
9,672
4,575
148,868
43,351
10,249
69,882
10,202
10,278
4,907
8.13
8.24
8.06
7.90
9.59
7.78
8.89
7.49
7.63
6.72
7.60
8.30
6.26
7.26
2,364
2,781
1,802
2,378
2,083
2,139
1,789
4,048 8,913 9,989 11,126 11,916
4,664 10,254 11,536 12,844 13,748
3,040 6,922 7,672 8,494 9,042
4,073 8,968 10,089 11,248 12,088
3,589 8,151 9,010 10,051 10,729
3,690 8,260 9,174 10,129 10,723
3,302 7,118 7,832 8,877 9,507
103
118
80
104
94
95
82
107
124
81
109
97
97
86
Mideast
Delaware
District of Columbia..
Maryland
New Jersey
New York
Pennsylvania
94,363
1,182
2,086
6,934
15,675
43,886
24,600
175,561
2,316
3,379
15,548
31,252
79,807
43,259
387,880
5,428
7,057
430,932
5,999
7,827
72,196
162,474
101,366
80,964
180,719
111,543
480,737
6,584
8,661
49,073
90,756
201,896
123,767
513,248
7,065
9,186
52,195
97,361
217,457
129,985
7.64
8.08
6.66
9.17
8.27
7.21
7.51
6.76
7.29
6.06
6.36
7.28
7.71
5.02
2,470
2,681
2,741
2,262
2,606
2,630
2,190
4,169 9,157 10,190 11,343 12,087
4,289 9,064 10,066 11,033 11,731
4,434 10,764 12,296 13,672 14,550
4,020 9,319 10,385 11,522 12,238
4,405 9,792 10,976 12,230 13,089
4,408 9,214 10,283 11,473 12,314
3,684 8,537 9,389 10,423 10,955
106
105
124
108
113
106
109
106
131
110
118
111
99
Great Lakes...
Illinois
Indiana
Michigan
Ohio
Wisconsin...
83,336
25,808
9,646
17,625
21,845
8,413
156,841
47,320
18,758
34,862
40,297
15,603
378,960
112,019
46,141
85,982
94,334
40,483
405,942
119,709
48,827
91,360
101,849
44,197
443,641
132,933
53,470
97,870
110,894
48,474
459,698
138,519
54,819
99,802
115,217
51,341
7.71
7.58
7.85
7.83
7.50
8.18
3.62
4.20
2.52
1.97
3.90
5.91
2,320
2,584
2,091
2,269
2,259
2,162
3,930
4,287
3,647
3,970
3,815
3,564
9,107 9,734 10,645 11,055
9,807 10,471 11,616 12,100
8,428 8,896 9,748 10,021
9,297 9,872 10,620 10,956
8,736 9,430 10,274 10,677
8,676 9,347 10,227 10,774
105
113
97
107
101
100
100
109
90
99
96
97
Plains
Iowa
Kansas
Minnesota
Missouri
Nebraska
North Dakota..
South D a k o t a -
30,191
5,382
4,455
6,748
8,831
2,754
1,008
1,012
56,816
10,058
7,878
13,664
16,063
5,248
1,948
1,957
147,267
25,704
21,782
35,935
39,921
13,506
5,266
5,154
158,845
27,193
23,538
39,553
42,934
14,361
5,728
5,537
180,165
31,325
26,804
43,938
48,232
16,292
7,200
6,375
187,104
31,347
28,325
46,184
50,346
16,939
7,287
6,675
8.25
7.96
8.38
8.72
7.86
8.22
8.98
8.55
3.85
.07
5.68
5.11
4.38
3.97
1.20
4.71
1,987
1,972
2,062
2,005
2,074
1,972
1,631
1,518
3,507
3,586
3,523
3,636
3,462
3,560
3,136
2,930
8,614
8,812
9,279
8,899
8,165
8,633
8,074
7,480
9,234
9,336
9,942
9,688
8,720
9,137
8,759
8,028
100
102
107
103
94
100
93
97
97
106
101
92
96
98
87
Southeast
Alabama
Arkansas
Florida
Georgia
Kentucky
Louisiana
Mississippi
North Carolina
South Carolina
Tennessee
Virginia
West Virginia
61,175
4,754
2,416
9,440
6,266
4,689
5,284
2,598
6,877
3,189
5,480
7,269
2,913
130,218
9,285
4,890
23,073
14,138
9,204
10,328
5,193
15,084
7,083
11,287
15,875
4,776
383,591
26,458
15,305
77,673
39,732
25,941
30,791
15,358
41,336
20,548
31,979
44,752
13,718
430,297
29,123
16,472
90,856
44,193
28,009
35,990
16,852
45,650
22,822
35,212
50,168
14,950
489,003
32,473
18,725
105,912
50,154
31,398
41,999
18,804
51,744
25,765
39,377
56,692
16,226
520,232
34,101
19,430
114,327
54,035
32,762
44,633
19,840
54,431
27,231
41,420
60,923
17,078
9.75
8.95
9.49
11.46
9.82
8.82
9.72
9.24
9.41
9.77
9.19
9.68
7.99
6.39
5.02
3.77
7.96
7.74
4.34
6.27
5.51
5.74
5.69
5.19
7.46
5.26
1,605
1,484
1,376
1,963
1,620
1,563
1,647
1,215
1,543
1,358
1,556
1,840
1,571
2,998
2,699
2,556
3,474
3,107
2,878
2,854
2,339
2,999
2,756
2,896
3,441
2,735
7,380
6,838
6,745
8,202
7,370
7,119
7,439
6,124
7,125
6,657
7,054
8,405
7,075
8,137 9,134 9,602
7,477 8,284 8,649
7,166 8,168 8,479
9,201 10,438 10,978
8,061 9,012 9,583
7,648 8,567 8,934
8,525 9,778 10,231
6,680 7,414 7,778
7,753 8,648 9,044
7,298 8,128 8,502
7,662 8,516 8,906
9,357 10,450 11,095
7,665 8,336
71
82
77
81
97
82
86
78
76
99
86
80
92
70
81
77
80
100
79
Southwest
Arizona
New Mexico..
Oklahoma
Texas
26,128
2,432
1,689
4,130
17,876
52,893
5,848
2,870
7,820
36,356
173,169
21,120
9,211
24,179
118,658
198,920
24,118
10,298
27,907
136,597
27,550
11,605
32,919
161,284
252,206
29,100
12,492
36,119
174,493
10.36
11.40
9.09
9.89
10.41
8.08
5.63
7.64
9.72
8.19
1,883
1,929
1,838
1,804
1,901
3,239
3,366
2,838
3,085
3,292
8,335 90,298 10,631 11,122
8,004 8,832 9,871 10,173
7,193 7,891 8,707 9,190
8,141 9,187 10,606 11,370
8,544 9,538 10,954 11,419
96
92
83
94
99
100
92
83
102
103
8,655
3,763
1,208
1,316
1,660
709
16,326
7,730
2,176
2,182
3,099
1,139
52,998
25,687
6,867
6,024
10,007
4,413
59,873
29,153
7,619
6,591
11,270
5,240
68,595
8,505
7,357
12,854
5,991
73,837
37,453
8,716
7,673
13,788
6,207
9.77
10.51
8.97
7.97
9.64
9.89
7.64
10.52
2.48
4.30
7.27
3.61
2,048
2,201
1,839
1,966
1,908
2,216
3,303
3,569
3,078
3,144
2,960
3,462
8,231 9,092 10,184 10,754
9,016 10,042 11,389 12,302
7,363 8,044 8,875 9,029
7,633 8,361 9,252 9,580
7,067 7,656 8,478 8,875
9,767 11,042 12,217 12,372
95
104
85
88
82
113
97
111
81
86
80
111
52,201
41,110
740
3,812
6,539
107,010
84,402
2,081
7,258
13,269
296,783
229,272
7,490
22,338
37,683
335,238
259,578
8,683
24,677
42,300
375,879
292,100
9,997
26,671
47,110
397,703
310,704
10,552
27,373
49,074
9.23
9.19
12.25
8.95
9.16
5.81
6.37
5.55
2.63
4.17
2,570
2,658
2,653
2,183
2,318
4,181 9,695
4,282 9,859
4,335 9,789
3,520 8,664
3,969 90,391
11,768 12,238
12,567
11,981
10,335
11,560
112
114
113
100
108
110
113
108
93
104
542
1,283
1,259
3,114
4,577
8,719
5,202
9,900
6,193
10,836
7,118
11,579
11.84
10.04
14.93
6.85
2,422
2,103
4,253 11,344 12,916 14,904 16,257
4,191 9,177 10,222 11,068 11,652
131
106
146
105
24,676
84,161
83,336
30,191
46,157
17,521
29,705
13,518
53,286
47,499
154,318
156,841
56,816
101,275
110,039
336,036
378,960
147,267
289,603
99,736
188,934
90,819
302,589
123,535
373,225
405,942
158,845
326,346
109,196
216,965
102,973
341,657
138,494
416,419
443,641
180,165
370,545
122,052
254,928
117,747
382,910
148,868
444,803
459,698
187,104
396,490
128,124
274,676
125,982
405,847
2,364
2,480
2,320
1,987
1,806
1,477
1,783
2,022
2,553
4,048
4,177
3,930
3,507
3,340
2,742
3,108
3,320
4,179
103
105
105
100
92
79
94
94
112
107
108
100
97
93
78
98
95
111
Rocky Mountain.
Colorado
Idaho
Montana
Utah
Wyoming
F a r West
California
Nevada
Oregon
Washington...
AlaskaHawaii .
382,550
10,689
10,920
10,761
9,356
10,198
10,427
10.749
11,237
10,684
9,764
10,331
10,911
9,245
12,064
11,816
10,017
11,163
10,789
10,791
11,765
11,175
10,170
10,683
10,876
9,666
Census regions
New England
Middle Atlantic
East North Central
West North Central....
South Atlantic
East South Central
West South Central
Mountain
Pacific
59,394
27,124
109,302
8.13
7.51
7.71
8.25
9.80
9.04
10.15
10.19
9.23
7.49
6.82
3.62
3.85
7.00
4.97
7.75
6.99
5.99
9,989 11,126 11,916
9,112 10,133 11,287 12,034
9,107 9,734 10,645 11,055
8,614 9,234 10,427 10,789
7,936 8,786 9,830 10,376
6,853 7,441 8,277 8,650
8,121 9,086 10,441 10,938
8,165 9,010 10,059 10,528
10,701 11,786 12,280
109
115
107
92
84
68
83
94
118
1. The personal income level shown for the United States differs from that in the national income and products accounts, primarily because it omits income received by Federal Government
employees overseas.
Acknowledgments
The State personal income estimates were prepared under the
direction of Edwin J. Coleman, Chief, and Linnea Hazen, Assistant
Chief, Regional Economic Measurement Division. Tables were prepared by Eunice P. James, and secretarial support was provided by
Valeria A. Hamilton, Regional Economic Information System
Branch.
Estimates of civilian nonfarm wages and salaries and other
labor income were prepared under the supervision of Elizabeth H.
Queen, Chief, and Carol E. Evans, Assistant Chief, Regional Wage
Branch. Major responsibilities were assigned to: Sharon C. Carnevale, Michael G. Pilot, Toui Chen Pomsouvan, William E. Reid, Jr.,
Victor Sahadachny, James M. Scott, and Philip F. Simon.
Estimates of farm income were prepared under the supervision
of Kenneth P. Berkman; major responsibilities were assigned to
James M. Zavrel. Estimates of nonfarm proprietors' income and
property income were prepared under the supervision of Linnea
Hazen. Major responsibilities were assigned to Arthur L. Sensenig,
Gary V. Kennedy, and Charles A. Jolley.
Estimates of Federal military income, transfer payments, personal contributions for social insurance, and disposable personal
income were prepared under the supervision of Robert L. Brown,
Acting Chief, Quarterly Income Branch. Major responsibilities
were assigned to John M. Reed and Isabelle B. Whiston.
Residence adjustments, disclosure avoidance, and final preparation of the State personal income estimates were performed under
the supervision of David W. Cartwright, Chief, and Vivian G.
Conklin, Assistant Chief, Regional Economic Information System
Branch. Major responsibilities were assigned to Kathy A. Albetski,
Wallace K. Bailey, and Stuart A. Schwartz.
August 1983
SURVEY OF CURRENT BUSINESS
51
Table 2.—Total and Per Capita Disposable Personal Income by States and Regions, 1959,1969,1979-82
Per capita
Total
Millions of dollars
State and region
1959
1969
1979
1980
1982
1981
1959-82
1981-82
Average annual
growth (percent)
Dollars
Average annual
growth (percent)
1959
1969
1979
1980
1981
1982
8,897
1959-82 1981-82
United States
335,007
632,946
1,643,846
8.46
6.37
1,900
3,144
7,320
8,025
9,375
7.19
5.37
New England
Connecticut
Maine
Massachusetts
New Hampshire..
Rhode Island
Vermont
21,571
6,103
1,562
10,573
1,104
1,614
614
39,845
11,594
2,635
19,186
2,255
2,955
1,218
93,111
26,930
6,812
43,188
6,396
6,699
3,086
104,050
30,209
7,506
48,382
7,156
7,378
3,419
116,031
33,744
8,268
53,829
8,072
8,227
3,891
125,532
36,590
8,869
58,330
8,790
8,761
4,192
7.96
8.10
7.84
7.71
9.44
7.63
8.71
8.19
8.43
7.28
8.36
8.90
6.49
7.72
2,067
2,419
1,633
2,066
1,853
1,884
1,588
3,395
3,865
2,656
3,396
3,114
3,171
2,788
7,542
8,687
6,055
7,516
7,014
7,003
6,102
8,413 9,321 10,048
9,701 10,760 11,604
6,664 7,312 7,825
8,425 9,323 10,090
7,749 8,613 9,245
7,778 8,615 9,140
6,677 7,551 8,122
7.12
7.06
7.05
7.14
7.24
7.11
7.35
7.80
7.84
7.02
8.23
7.34
6.09
7.56
Mideast
Delaware
District of Columbia..
Maryland
New Jersey
New York
Pennsylvania
81,633
970
1,758
5,987
13,810
37,495
21,613
146,571
1,862
2,833
12,625
26,734
65,546
36,972
325,227
4,408
5,821
32,238
61,216
135,603
85,942
360,875
4,847
6,491
36,129
68,408
150,297
94,703
399,404
5,270
7,163
39,956
76,402
166,145
104,469
428,242
5,692
7,623
42,704
82,362
179,611
110,250
7.47
8.00
6.59
8.92
8.07
7.05
7.34
7.22
8.02
6.44
6.88
7.80
8.10
5.53
2,137
2,199
2,311
1,953
2,296
2,247
1,924
3,481
3,448
3,718
3,264
3,768
3,620
3,149
7,678 8,533 9,424 10,085
7,361 8,133 8,831 9,452
8,878 10,196 11,307 12,075
7,633 8,550 9,381 10,012
8,303 9,273 10,295 11,073
7,690 8,552 9,441 10,171
7,238 7,972 8,798 9,292
6.98
•6.55
7.45
7.37
7.08
6.79
7.09
7.01
7.03
6.79
6.73
7.56
7.73
5.61
Great Lakes
Illinois
Indiana
Michigan
Ohio
Wisconsin
73,457
22,668
8,575
15,589
19,261
7,364
132,259
40,027
15,926
29,078
34,226
13,004
318,672
94,316
39,052
71,681
79,654
33,969
342,374
100,589
41,405
77,082
86,274
37,024
372,461
111,653
45,100
82,071
93,444
40,193
387,129
116,755
46,320
83,934
96,992
43,129
7.49
7.39
7.61
7.59
7.28
7.99
3.94
4.57
2.70
2.27
3.80
7.30
2,045
2,270
1,859
2,007
1,992
1,893
3,314
3,626
3,097
3,311
3,240
2,970
7,658
8,257
7,133
7,750
7,376
7,280
8,209
8,798
7,544
8,329
7,988
7,830
8,937 9,309
9,756 10,198
8,222 8,467
8,906 9,214
8,658 8,988
8,480 9,050
6.81
6.75
6.81
6.85
6.77
7.04
4.16
4.53
2.98
3.46
3.81
6.72
Plains
Iowa
Kansas
Minnesota
Missouri
Nebraska
North Dakota..
South Dakota-
26,851
4,811
3,980
5,941
7,810
2,468
916
925
48,690
8,702
6,783
11,564
13,635
4,533
1,724
1,750
124,928
21,770
18,588
29,835
33,977
11,535
4,607
4,615
134,365
22,909
19,979
32,928
36,474
12,200
4,954
4,921
152,198
26,508
22,545
36,545
40,811
13,957
6,144
5,688
158,390
26,540
23,906
38,466
42,624
14,576
6,327
5,952
8.02
7.71
8.11
8.46
7.66
8.03
8.76
8.43
4.07
.12
6.04
5.26
4.44
4.43
2.97
4.64
1,767
1,763
1,843
1,765
1,834
1,766
1,483
1,387
3,005
3,102
3,033
3,077
2,939
3,075
2,776
2,620
7,307
7,464
7,919
7,388
6,949
7,374
7,065
6,698
7,811
7,865
8,439
8,066
7,408
7,762
7,575
7,135
8,809
9,097
9,451
8,886
8,261
8,850
9,311
8,249
9,133
9,136
9,929
9,307
8,610
9,193
9,443
8,619
7.40
7.42
7.60
7.50
6.96
7.44
8.38
8.27
3.68
.43
5.06
4.74
4.22
3.88
1.42
4.49
Southeast
Alabama
Arkansas
Florida
Georgia
Kentucky
Louisiana
Mississippi
North CarolinaSouth Carolina..
Tennessee
Virginia
West Virginia....
54,954
4,300
2,208
8,404
5,646
4,198
4,714
2,388
6,202
2,889
4,959
6,442
2,605
111,952
7,999
4,281
19,737
12,019
7,881
9,037
4,609
12,962
6,173
9,790
13,361
4,103
327,997
22,544
13,361
66,748
33,499
22,234
26,401
13,232
35,281
17,498
27,743
37,719
11,740
366,379
24,663
14,250
77,672
37,302
23,944
30,724
14,509
38,713
19,426
30,371
42,068
12,737
415,461
27,423
16,208
90,695
42,089
26,784
35,695
16,056
43,645
21,761
34,002
47,267
13,836
443,525
28,930
16,860
98,250
45,490
28,005
38,105
17,003
46,335
23,060
35,842
51,045
14,599
9.50
8.64
9.24
11.28
9.50
8.60
9.51
8.91
9.14
9.45
8.98
9.42
7.78
6.75
5.49
4.02
8.33
8.08
4.56
6.75
5.90
6.16
5.97
5.41
7.99
5.51
1,442
1,342
1,257
1,748
1,460
1,400
1,469
1,117
1,391
1,231
1,408
1,630
1,404
2,577
2,325
2,238
2,972
2,641
2,464
2,497
2,076
2,576
2,402
2,512
2,896
2,350
6,310
5,826
5,888
7,048
6,214
6,102
6,378
5,276
6,081
5,668
6,120
7,084
6,054
6,929
6,332
6,200
7,866
6,804
6,538
7,278
5,752
6,575
6,212
6,609
7,846
6,530
7,760
6,996
7,070
8,938
7,563
7,308
8,310
6,330
7,332
6,865
7,354
8,713
7,109
8,186
7,338
7,358
9,433
8,067
7,637
8,735
6,666
7,699
7,200
7,707
9,296
7,496
7.84
7.67
7.99
7.60
7.72
7.66
8.06
8.08
7.72
7.98
7.67
7.86
7.56
5.49
4.89
4.07
5.54
6.66
4.50
5.11
5.31
5.01
4.88
4.80
6.69
5.44
Southwest
Arizona
New Mexico..
Oklahoma
Texas
23,231
2,156
1,505
3,681
45,452
5,011
2,475
6,705
31,261
147,840
18,153
8,016
20,684
100,987
169,199
20,761
8,966
23,669
115,803
196,302
23,489
9,998
27,522
135,293
213,502
24,899
10,817
30,476
147,311
10.12
11.22
8.95
9.63
10.17
8.76
6.00
8.19
10.73
1,674
1,710
1,638
1,608
1,689
2,784
2,885
2,448
2,645
2,830
7,116
6,880
6,260
6,964
7,272
7,909
7,602
6,869
7,792
8,086
8,942
8,416
7,501
8,867
9,189
9,415
8,705
7,958
9,593
9,641
7.80
7.33
7.12
8.07
7.87
5.29
3.43
6.09
8.19
4.92
7,640
3,303
1,076
1,158
1,476
13,933
6,529
1,899
1,870
2,659
977
44,881
21,535
5,939
5,161
8,536
3,710
50,662
24,406
6,578
5,631
9,634
4,413
57,803
28,273
7,272
6,301
10,946
5,011
62,644
31,536
7,468
6,616
11,805
5,218
9.58
10.31
8.79
7.87
9.46
9.66
8.37
11.54
2.69
5.00
7.85
4.14
1,808
1,932
1,638
1,732
1,696
1,958
2,819
3,014
2,685
2,695
2,539
2,968
6,970
7,558
6,368
6,540
6,028
8,211
7,693 8,582 9,124
8,407 9,502 10,358
6,944 7,589 7,736
7,144 7,924 8,261
6,544 7,219 7,599
9,300 10,219 10,402
7.29
7.57
6.98
7.03
6.74
7.53
6.32
9.01
1.94
4.25
5.26
1.79
45,668
35,930
645
3,298
5,795
90,623
71,498
1,702
6,058
11,365
250,100
193,140
6,274
18,558
32,130
282,249
218.263
7,292
20,614
36,080
316,675
245,860
8,398
22,291
40,126
335,829
261,996
8,919
22,874
42,040
9.06
9.02
12.10
8.79
9.00
6.05
6.56
6.21
2.62
4.77
2,248
2,323
2,312
1,889
2,054
3,541
3,627
3,545
2,938
3,400
8,170
8,305
8,199
7,198
8,007
8,999 9,914 10,334
9,182 10,154 10,597
9.037 9,925 10,126
7,815 8,372 8,636
6.86
6.82
6.63
6.83
7.08
4.24
4.36
2.03
3.15
4.15
1,039
2,581
3,686
7,402
4,295
8,404
5,045
9,184
5,828
9,936
3,509
3,474
9,136 10,665 12,142 13,312
7,791 8,677 9,380 9,999
39,845
129,252
132,259
48,690
85,674
30,280
51,284
23,120
92,542
93,111
282,760
318,672
124,928
244,950
85,752
161,432
77,325
254,915
104,050
313,409
342,374
134,365
275,384
93,487
184,447
87,680
287,655
116,031
347,015
372,461
152,198
311,681
104,265
214,718
99,688
322,506
125,532
372,222
387,129
158,390
334,799
109,780
232,752
107,278
342,674
Rocky Mountain..
Colorado
Idaho
Montana
Utah
Wyoming
Far West
California
Nevada
Oregon
Washington...
AlaskaHawaii ..
1,822,850 2,040,564 2,170,556
15.52
8.20
9,508
9,903
9.64
6.60
Census regions
New England
Middle Atlantic
East North Central....
West North Central...
South Atlantic
East South Central
West South C e n t r a l Mountain
Pacific
21,571
72,918
73,457
26,851
40,903
15,845
26,491
11,947
45,023
The personal income estimates presented here, as well as more
detailed tabulations, are available from the Regional Economic Information System in magnetic tape, microfiche, and computer
printout form. Estimates are available for 1958-78 in industrial
detail similar to that presented in table 3 and for 1929-57 in less
detail. Samples of tables are available on request. A magnetic tape
containing a set (United States, regions, and States) of State tables
7.96
7.35
7.49
8.02
9.57
8.78
9.91
10.01
9.23
8.19
7.26
3.94
4.07
7.42
5.29
8.40
7.61
6.25
2,067
2,149
2,045
1,767
1,601
1,336
1,590
1,787
2,247
3,395 7,542
3,499 7,667
3,314 7,658
3,005 7,307
2,825 6,712
2,374 5,892
2,683 6,939
2,830 6,952
3,538 8,170
8,413
8,509
8,209
7,811
7,414
6,370
7,724
7,672
9,010
9,321
9,406
8,937
8,809
8,269
7,071
8,794
8,516
9,926
10,048
10,070
9,309
9,133
8,761
7,412
9,269
8,965
10,369
7.12
6.95
6.81
7.40
7.67
7.74
7.97
7.26
6.88
costs $160. A microfiche (48x) containing a set of State tables costs
$10. Computer printouts are available at a cost of $2 per table,
with a maximum charge of $100 for a set of State tables. There is
a minimum charge of $5 per request. Requests should be addressed
to Regional Economic Information System, Regional Economic
Measurement Division, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, D.C. 20230.
7.80
7.06
4.16
3.68
5.95
4.82
5.40
5.27
4.46
SURVEY OF CURRENT BUSINESS
52
August 1983
Table 3.—Personal Income
[Millions
New England
United States
Line
Massachusetts
Maine
Connecticut
Item
1980
1981
1982
1980
1981
1982
1980
1981
1982
1980 1981
19821980
1981
1982
Income by Place of Residence
Total personal income (lines 5-10)..
Nonfarm personal income1
Farm income (line 16)
Per capita personal income (dollars)..
2,158,685
2,127,448
31,237
9,503
2,426,901 2,571,592 .23,535 .38,494 .48,868 35,922 40,279 43,351 8,641 9,604 .0,249 17,940 64,944 69,882
2,387,076 2,538,118 .23,080 37,982 .48,391 35,816 40,169 43,235 8,570 9,491 .0,193 17,816 64,822 69,748
134
122
124
455
106
56
72 113
39,825
33,474
511
477
109
116
10,582
11,107
11,126
11,916 11,536 12,844 13,748 7,672 8,494 9,042 10,089
1,248 .2,088
Derivation of Total Personal Income
Earnings by place of work (lines 11-15 or 16-83)2..
Less: Personal contributions for social insurance3..
Plus: Adjustment for residence9
Equals: Net earnings by place of residence
Plus: Dividends, interest, and rent4.
Plus: Transfer payments
1,748,818 1,826,710
104,081
111,516
28,369 30,338 6,152 6,678 7,052
1,620 1,773 353 406 442
1,157 1,257
-9 -15 -12
27,906 29,822 5,791 6,257 6,598
7,935 8,596 1,312 1,605 1,741
4,437
1,538 1,742 1,910
-487
-559
-488
1,506,825 1,644,250 1,714,635
445,476 482,411
354,290
337,175 374,546
297,570
4,914
1,518
86,285
20,437
16,814
97,779 04,416 26,002
5,735 6,277 1,376
1,670
1,801 1,049
93,715 99,940 25,675
25,585 27,771 6,406
19,194 21,157 3,841
1,351,621 1,486,761 1,561,641
143,469
156,530
127,943
118,588
108,539
116,056
21,091
20,422
87,448
95,634
89,700
76,475
7,600
5,605
191
5,414
83,782
8,591
5,407
247
5,160
39,825
33,474
31,237
1,564,383 1,708,993 1,793,236
1,301,733 1,422,184 1,483,890
7,137
6,562
7,469
5,841
5,298
6,174
1,296
1,264
1,295
35,476
28,593
37,301
7,849
7,517
8,587
22,023
23,844
16,029
2,964
2,279
2,502
2,640
2,591
2,545
97,092
94,633
96,361
455
89,225
76,595
356
203
153
118
72 113
511
477
106
109
116
97,268 103,939 25,896 28,260 30,222 6,080 6,565
89,816 22,997 25,169 26,887 4,892 5,273
398
71
66
71
379
72
81
242
65
17
(D)
217
66
74
155
50
(D)
162
6
6
126
4
151
100
70
1,595,620
42,755
2,280
-281
40,194
9,433
8,312
46,585
2,654
-324
43,607
11,907
9,430
49,881
2,912
-376
i6,593
12,944
0,345
Earnings by Place of Work
Components of earnings:
Wage and salary disbursements...
Other labor income
Proprietors' income5.
Farm
Nonfarm5
89,718 21,919 24,081 25,838 5,191 5,611 5,997 36,943 40,453 43,359
9,505 2,305 2,621 2,881 527 596 660 3,498 3,939 4,387
5,193 1,778 1,667 1,619 434 471 395 2,315 2,192 2,135
49
47
48
45
12
53 -13
176
42
43
5,017 1,737 1,622 1,576 422 419 407 2,267 2,145 2,086
Earnings by Industry
Farm
Nonfarm
Private
Agricultural services, forestry, fisheries, and other6...
Agricultural services
Forestry, fisheries, and other6
Mining
Coal mining
Oil and gas extraction
Metal mining
Nonmetallic minerals, except fuels
Construction
Manufacturing
Nondurable goods
Food and kindred products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Tobacco manufactures
Rubber and miscellaneous plastics products
Leather and leather products
Durable goods
Lumber and wood products
Furniture and fixtures
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Transportation equipment excluding motor vehicles
Motor vehicles and equipment
Stone, clay, and glass products
Instruments and related products
Miscellaneous manufacturing industries
412,122
145,826
31,158
11,198
13,209
15,366
22,001
27,808
7,730
1,610
13,023
2,723
266,296
11,508
6,572
31,486
33,116
55,763
41,264
28,462
24,225
13,504
14,235
6,161
448,373
158,510
33,390
11,774
14,108
16,692
24,037
30,516
8,675
1,905
14,396
3,017
Transportation and public utilities
Railroad transportation
Trucking and warehousing
Water transportation
Other transportation7
Communication
Electric, gas, and sanitary services
123,758
13,770
28,857
5,012
21,018
34,157
20,944
136,243
14,017
30,665
5,580
22,901
Wholesale trade
Retail trade
Finance, insurance, and real estate
Banking
Other finance, insurance, and real estate 8
Services
Hotels and other lodging places
Personal services
Private households
Business services
Auto repair, services, and garages
Miscellaneous repair services
Amusement and recreation services
Motion pictures
Health services
Legal services
Educational services
Social services
Museums, botanical, zoological gardens
Membership organizations
Miscellaneous services
Government and government enterprises..
Federal, civilian
Federal, military
State and local
See footnotes at end of table.
11,729
7,068
34,121
35,645
61,363
45,227
31,318
26,435
14,182
16,216
6,559
(D)
(D)
(D)
(D)
12
58
4,068
13
64
4,316
(D)
10
69
4,699
446,316 28,905 31,545 32,689
164,501 8,281
8,979 9,515
34,981
982
1,019
1,125
11,167
862
818
811
13,785
669
724
729
17,285
1,472
1,592 1,671
25,906
1,609
1,765
1,458
32,628
1,206
1,046
1,381
78
94
95
9,296
13
16
20
2,049
1,092
1,142
1,219
14,511
651
715
700
2,893
281,815 20,624 22,565 23,174
456
482
465
10,953
278
282
280
7,007
1,209
1,136
28,752 1,125
3,064 3,040
33,972 2,861
4,981
5,019
59,416 4,663
47,443 4,013 4,486 4,907
32,063 3,349 3,647 3,897
252
287
243
24,344
597
625
595
13,556
1,996 2,398 2,505
17,557
1,103
1,087
6,752 1,034
6,343
296
1,266
1,389
90
294
1,537
92
323
2,127
1,125
2,408
1,264
464
298
523
329
6,146
9,053
6,459
1,614
4,845
6,512
9,569
7,317
1,821
5,496
1,712
2,255
2,021
370
1,651
1,926
2,423
2,280
420
1,860
5,857
316
1,254
24,011
5,331
312
1,180
108
843
1,867
1,020
108,900
153,067
92,627
24,289
68,338
119,699
164,150
101,305
27,666
73,639
125,832
171,801
112,550
31,420
81,130
5,636
8,408
5,757
1,409
281,471
10,608
11,972
6,482
46,890
9,024
6,053
7,528
3,554
92,248
20,258
14,773
8,906
342
15,346
27,487
312,709
12,022
12,590
6,909
53,461
9,603
6,581
8,307
3,929
104,834
21,255
16,299
9,823
387
16,403
30,306
341,671 18,016 19,962 22,164 4,751
450
503
562
12,978
65
653
684
719
13,063
190
333
355
383
7,465
111
58,518 2,895 3,332 3,775
920
454
482
10,204
528
118
281
302
6,666
320
76
341
380
9,129
414
104
78
4,101
81
89
20
117,711 6,384 7,135 8,030 1,666
1,187
23,268
1,224
1,319
351
1,896 2,168 2,378
17,634
399
659
10,379
705
756
132
36
434
41
44
6
726
17,962
772
854
205
1,645
32,159
1,796
1,993
387
262,650
62,027
23,859
176,764
286,809
67,489
27,921
191,399
309,346
70,671
32,208
206,467
(D)
(D)
13,399
2,675
961
9,763
10
(D)
144,589
13,141
30,440
5,536
24,081
44,185
27,206
12,630
2,428
828
9,375
(D)
1
(D)
1
22
2
2
16
19
1,187 1,260 1,364 379 352
9,542 10,427 10,759 1,807 1,968
1,959 2,194 2,466 1,091 1,195
317 136 137
257
243
119 101 106
122
117
127
49
53
118
126
254
310 438 490
288
52
58
427
513
476
24
25
491
737
606
4
4
25
26
27
0
0
20
15
13
54
56
289
266
257
10 233 266
10
12
7,583 8,233 8,293 716 773
41 207 213
41
39
14
77
74
71
8
493
532
493
79
81
1,364 1,467 1,433
80
78
1,452 1,411 1,341
974 1,097 1,167 113 129
2,275 2,483 2,597 164 200
5
12
55
60
32
22
22
154
164
152
11
11
727
694
528
11
9
208
211
203
33
607
386
391
58
108
12
29
116
67
423
60
114
14
31
128
75
2,056
2,554
2,625
473
2,152
323
641
251
85
166
348
689
279
94
185
1,700
86
327
(D)
(D)
14,123
2,810
1,058
10,254
2,900
457
224
2,219
134
122
124
42,631 46,463 49,747
36,313 39,870 42,941
184
176
165
67
(D)
85
<D)
80
22
24
26
1
(D)
1
1
2
(L)
1
(D)
2
20
22
23
353 1,665 1,804 1,966
2,066 12,669 13,822 14,431
1,252 3,795 4,041 4,212
515
478
466
139
352
385
366
99
450
450
419
58
587
606
560
526
800
890
731
65
472
513
438
20
62
62
46
5
(L)
(L)
(L)
0
525
561
503
71
264
282
266
269
815 8,874 9,781 10,219
83
85
79
200
121
125
118
15
382
396
368
7
79 1,047 1,110 1,111
82 2,313 2,584 2,708
136 2,177 2,414 2,656
760
818
730
252
146
182
173
2
284
279
275
21
11 1,213 1,438 1,499
414
403
381
56
366
730
305
98
207
2,769
126
568
47
535
1,002
491
3,032
124
3,256
117
601
2,784
3,997
2,729
720
2,009
2,985 3,166
4,304 4,550
3,064 3,464
953
833
2,231 2,511
(D)
1,152
534
1,303
576
5,143 5,678 1,030 1,140 1,253 9,513 10,658 11,899
222
259
198
56
50
57
79
68
321
339
43
305
42
43
209
197
38
138
149
129
33
35
127
118
1,593 1,887 2,176
71
81
1,008 1,120
235
261
220
34
36
139
124
157
169
146
19
20
21
85
82
168
184
156
19
16
18
128
120
52
48
46
5
4
20
3
22
1,842 2,071 466 522 578 3,229 3,625 4,091
673
616
596
72
64
357
59
372
77 1,149 1,349 1,470
64
58
429
471
403
371
357
56
54
51
149
162
31
29
26
1
2
8
9
1
409
374
347
65
56
241
59
214
1,120
1,233
1,017
101
69
443
81
408
3,091
506
242
2,344
3,335 1,188 1,291 1,407
539 343 386 409
263 151 172 199
2,533 694 734
6,318
1,199
270
4,849
6,593 6,806
1,310 1,360
347
321
4,962 5,098
53
SURVEY OF CURRENT BUSINESS
August 1983
by Major Sources, 1980-82
of Dollars]
N e w Hampshire
1980
1981
8,321
8,298
23
Rhode Island
1982
9,420 10,202
9,393 10,176
27
26
9,010 10,051 10,729
1980
1981
8,702
8,690
11
Vermont
1982
IDelaware
Mideast
1980
1981
1982
9,672 10,278
9,661 10,267
10
11
4,010
3,890
120
4,575
4,446
129
9,174 10,129 10,723
7,832
1981
Line
1980
1981
1982
9,186
9,186
0
43,880
43,639
242
49,073
48,718
355
52,195
51,872
323
13,672
14,550
10,385
11,522
12,238
1
2
3
4
1981
1980
1982
1981
1982
4,907
4,772
135
430,932
429,123
1,809
480,737
478,501
2,236
513,248
511,304
1,944
5,999
5,931
68
6,584
6,480
104
7,065
6,948
116
7,827
7,827
0
8,661
8,661
0
8,877
9,507
10,190
11,343
12,087
10,066
11,033
11,731
12,296
1980
Maryland
District of Columbia
1982
1980
5,745
333
597
6,008
1,258
1,054
6,357
393
663
6,627
1,571
1,221
6,872
437
717
7,152
1,703
1,347
6,126
406
212
5,932
1,320
1,449
6,592
458
241
6,375
1,648
1,649
6,876
493
268
6,652
1,795
1,831
2,901
167
-50
2,684
707
619
3,198
203
-53
2,942
918
715
3,396
220
-52
3,123
992
792
317,355
17,830
-4,777
294,748
72,925
63,259
344,972
20,776
-5,155
319,041
90,475
71,222
364,458
22,427
-5,431
336,600
98,016
78,632
4,802
260
-214
4,328
929
742
5,170
298
-224
4,649
1,105
831
5,547
328
-254
4,965
1,213
886
13,624
744
-8,140
4,739
1,386
1,701
14,603
833
-8,722
5,048
1,725
1,888
15,412
898
-9,210
5,304
1,919
1,963
29,209
1,678
4,965
32,496
5,871
5,513
31,978
1,916
5,331
35,393
7,327
6,353
33,493
2,054
5,688
37,127
7,970
7,098
5
6
7
8
9
10
4,834
513
398
3
395
5,364
580
414
7
407
5,828
646
399
3
396
5,194
524
408
3
405
5,626
587
379
2
377
5,875
634
367
1
366
2,395
234
272
84
188
2,647
267
283
93
190
2,820
296
279
93
186
273,283
25,562
18,509
1,048
17,461
298,672
28,465
17,835
1,483
16,352
316,197
31,278
16,983
1,077
15,906
4,121
456
226
45
181
4,424
499
247
80
166
4,751
545
251
88
162
12,334
727
563
0
563
13,285
821
498
0
498
14,007
921
484
0
484
25,252
2,079
1,879
153
1,725
27,684
2,339
1,954
264
1,691
29,046
2,583
1,863
218
1,645
11
12
13
14
15
23
5,722
4,934
17
13
4
7
0
27
6,330
5,493
19
14
5
7
0
(D)
26
6,847
5,959
20
15
4
7
0
(D)
11
6,114
5,112
25
11
13
3
0
1
0
2
268
11
6,581
5,472
27
(D)
10
6,866
5,691
31
(D)
2,236
342,736
283,606
973
680
293
1,858
1,238
319
61
240
14,647
68
1,944
362,51" , 4,734
299,393
4,024
1,059
12
746
11
313
1
1,947
3
1,293
0
(D)
342
59
0
(D)
254
292
15,367
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
0
13,624
6,775
100
3
97
4
0
15,412
7,874
(D)
(D)
5
0
2
0
2
275
1,809
315,546
261,019
884
621
263
1,752
0
14,603
7,367
4
0
2
0
2
265
135
3,261
2,749
16
15
1
13
0
116
5,430
4,622
(D)
129
3,069
2,592
15
14
1
12
0
(D)
104
5,066
4,303
(D)
120
2,781
2,346
13
12
1
12
0
(D)
(D)
0
(D)
(L)
(D)
(D)
3
4
355
31,623
23,458
114
88
26
55
41
(D)
323
33,170
24,510
121
95
26
56
41
(D)
(D)
(D)
(D)
(D)
(D)
242
28,968
21,457
106
79
27
48
34
1
0
13
1,959
(D)
(D)
2,002
1,928
16
17
18
19
20
21
22
23
24
25
26
27
2,180 2,151
667
652
54
52
174
179
45
46
43
46
117
108
77
70
3
1
0
0
118
110
36
39
1,529 1,484
21
19
19
17
148
168
179
177
171
197
208
199
152
134
36
36
46
58
90
92
414
433
4,881
1,769
433
12
167
183
428
327
25
0
177
17
3,112
5,278
1,866
445
14
177
196
451
339
27
0
199
17
3,413
5,117
1,904
466
16
171
210
474
341
27
0
180
19
3,212
(D)
(D)
(D)
(D)
(D)
(D)
884
224
436
703
307
154
193
60
45
1,011
224
447
814
350
(D)
838
204
426
931
312
(D)
208
69
44
184
66
40
1,954
240
496
140
157
567
354
2,144
256
517
153
172
639
407
1,752
3,217
1,575
323
1,252
1,908
3,461
1,719
366
1,353
2,374
241
519
145
191
823
456
2,111
3,567
1,891
415
1,476
5,965
7,344
140
270
158
1,765
183
127
161
24
2,242
444
355
202
2
355
918
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
8,660
3,656
740
4,263
80
81
82
83
(L)
(L)
(D)
(D)
7
395
7
445
7
558
1,964
638
55
59
28
130
93
18
1
0
148
104
1,326
66
26
82
135
482
320
16
1
49
125
24
2,156
684
57
61
31
133
106
20
1
0
161
114
1,471
72
23
92
145
554
351
16
1
53
134
30
2,257
695
59
57
32
136
114
21
1
0
156
118
1,563
70
21
91
147
585
401
17
1
50
149
29
2,026
601
48
166
40
43
99
63
319
12
85
357
389
315
(D)
(D)
33
116
65
(L)
0
108
34
1,425
15
17
160
161
196
183
113
32
58
87
403
(L)
(D)
(D)
(L)
(D)
(D)
46
12
173
12
189
13
183
(D)
898
198
34
9
15
47
56
12
992
214
38
8
16
49
62
13
1,024
224
40
10
17
50
65
13
14,074
156
99
323
627
289
76
213
366
689
325
86
239
377
736
362
96
266
358
593
342
112
231
371
622
373
129
244
387
650
409
145
265
135
296
124
46
78
149
326
137
52
85
160
349
152
57
95
993
55
48
22
128
34
14
30
4
344
62
112
35
1
43
61
1,129
66
53
23
148
37
16
34
3
400
69
127
39
1
45
67
1,253
68
55
25
165
38
17
38
4
451
75
137
42
1
50
85
1,212
21
48
19
143
34
20
27
3
487
87
128
58
(L)
1,314
23
49
21
162
36
22
28
4
531
87
143
64
(L)
1,440
24
51
22
174
39
23
32
4
595
91
158
66
54
79
59
85
66
94
518
60
20
19
38
13
5
8
2
191
31
51
26
1
21
33
579
68
20
20
46
15
5
12
2
215
32
57
28
1
22
35
787
147
66
574
838
161
74
603
888
168
81
639
1,003
197
102
703
1,109
219
139
751
1,175
234
152
790
435
84
14
336
477
94
14
368
(L)
407
371
21
1
1
9
317
10
10
1
(L)
402
364
21
1
1
11
307
11
10
2
(L)
(D)
4
5
5
(L)
7,459
5,539
10,147
9,632
2,908
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
36
14
7
281
3,142
5,579
1,778
2,978
6,054
1,783
58
2
35
15
7
285
15
65
2
30
11
6
230
15
77
3
30,249
2,142
5,308
1,697
276
49
68
297
52
73
14
310
48
71
14
36
135
72
145
81
389
354
21
1
1
7
305
10
8
1
(D)
27,986
2,294
5,389
1,721
(D)
(D)
(D)
(D)
25,729
2,249
5,160
1,618
4,652
7,926
4,125
128
69
(D)
(D)
208
9
60
3
22
69
45
(D)
71
267
(D)
193
9
57
3
20
64
41
343
(D)
71
(D)
(D)
179
8
53
2
19
61
36
284
17
72
11
30
96
58
(D)
(D)
(L)
(D)
0
(D)
2,138
1,655
138
7
17
61
39
1,267
61
0
65
1
483
0
24
3
800
50
27
14
90
132
338
60
3
45
28
13
9,203
5,751
10,251
9,197
3,134
(D)
(D)
4
0
(D)
2,076
1,534
125
8
18
60
36
1,169
51
0
67
1
542
(L)
90
3
(D)
(D)
1,925
1,403
118
8
13
54
33
1,071
45
0
60
1
522
0
24
4
778
53
30
13
85
155
296
54
3
45
29
15
(D)
0
87,211
36,784
5,781
1,456
4,411
3,198
7,240
9,313
2,375
172
2,217
621
50,427
0
23
3
700
50
32
13
76
141
247'
51
2
42
31
15
(L)
(D)
87,655
35,332
5,572
1,547
4,549
3,093
6,743
8,762
2,089
153
2,181
643
52,323
81,586
32,742
5,231
1,482
4,274
2,875
6,201
8,077
1,815
136
2,057
595
48,844
701
818
8,550
5,517
9,547
8,451
2,948
2,595
3,024
4,972
1,720
91
4
(D)
(D)
(L)
(D)
(L)
(L)
36
1
(D
38
1
(L)
(D)
(D)
(D)
(D)
(D)
(D)
2
7
2
2
2
7
3
(D)
2
8
4
(D)
(D)
4
1
2
4
1
2
790
76
20
2
(D)
870
71
18
2
(D)
0
35
1
2
2
715
70
22
(D)
0
(D)
(D)
(D)
(D)
(D)
(D)
8,962
10,745
56
61
66
408
(D)
(D)
(D)
(D)
(D)
(D)
455
(D)
527
(D)
22,141
26,995
22,843
6,629
16,214
24,306
28,603
25,525
7,527
17,997
25,961
29,930
28,827
8,718
20,109
204
422
198
(D)
229
448
210
246
470
253
(D)
281
575
652
(D)
289
612
689
(D)
283
627
739
(D)
(D)
(D)
(D)
(D)
642
76
22
22
51
16
6
13
2
244
35
64
28
1
24
37
65,015
1,902
2,235
1,466
12,583
1,538
1,084
1,590
727
19,671
5,384
4,723
2,397
118
3,574
6,023
72,054
2,307
2,356
1,562
14,150
1,648
1,183
1,788
798
21,931
5,665
5,266
2,732
134
3,833
6,701
78,842
2,543
2,446
1,688
15,511
1,767
1,200
1,878
840
24,543
6,216
5,699
2,917
148
4,209
7,238
693
837
21
30
37
145
26
15
21
(D)
3,793
138
63
103
22
14
17
(D)
760
19
29
34
118
24
14
19
(D)
4,196
154
66
94
661
34
14
25
(D)
4,561
155
67
101
704
36
15
25
(D)
248
49
29
33
(D)
279
52
33
34
(D)
316
57
36
35
(D)
587
620
(D)
130
(D)
656
686
466
139
(D)
707
801
525
134
(D)
40
52
42
54
47
42
642
443
699
486
754
517
157
1
305
767
6,776
115
258
146
1,604
174
131
148
26
2,005
423
338
188
1
325
893
512
101
16
396
54,526
16,712
1,996
35,819
59,130
18,156
2,399
38,575
63,121
18,833
2,718
41,570
710
109
84
516
763
120
91
552
809
127
100
582
6,849
5,538
303
1,008
7,236
5,877
360
998
7,537
6,061
388
1,089
7,511
3,240
539
3,731
8,165
3,529
635
4,001
(D)
(D)
28
(D)
(D)
(D)
(D)
584
32
14
24
(D)
(D)
239
137
1,360
161
114
128
23
1,771
401
(D)
0
August 1983
SURVEY OF CURRENT BUSINESS
54
Table 3.—Personal Income by Major
[Millions
N e w York
N e w Jersey
Line
Item
1980
1981
1982
1980
1981
1980
1981
1982
Illinois
Great Lakes
Pennsylvania
1982
1980
1981
1982
1980
1981
1982
Income by Place of Residence
Total personal income (lines15-10)...
Nonfarm personal income
Farm income (line 16)
80,964 90,756 97,361 180,719 201,896 217,457 11,543 23,767 29,985 405,942 443,641 459,698 119,709 32,933
80,788 90,549 97,152 180,089 201,225 216,913 10,849 22,869 29,233 400,967 437,734 454,810 118,827 30,708
207
209
630
671
543
898
753 4,975 5,907 4,888
882 2,225
694
176
Per capita personal income (dollars)..
10,976 12,230 13,089
10,283
11,473
12,314
9,389 10,423 10,955
9,734
10,645
38,519
37,085
1,434
11,055
10,471
11,616
12,100
88,050
4,825
458
83,684
21,193
14,832
94,659
5,526
482
89,615
26,162
17,156
96,583
5,800
492
91,275
28,234
19,010
Derivation of Total Personal Income
Earnings by place of work (lines 11-15 or 16-83)32..
Less: Personal contributions for social insurance ..
Plus: Adjustment for residence..
Equals: Net earnings by place of residence..
Plus: Dividends, interest, and rent4.
Plus: Transfer payments
55,055
3,199
6,348
58,203
12,650
10,111
60,015
3,721
7,014
63,308
16,033
11,415
64,124 133,067 145,542 56,408 81,597 87,664
4,045 7,246 8,599 9,433 4,703 5,409
7,512 -6,995 -7,772 -8,437 -739 -783
67,592 118,826 129,172 138,537 76,155 81,471
17,296 35,019 42,594 46,100 17,070 21,691
12,473 26,874 30,130 32,820 18,318 20,605
89,475 302,942 322,068 325,018
5,670 16,109 18,486 19,137
-730
1,006
1,082
1,167
83,075 287,838 304,664 307,048
23,518 63,186 77,993 84,315
23,392 54,918 60,984 68,334
47,188
4,616
3,251
76
3,175
51,695
5,194
3,126
109
3,017
55,358 115,412 127,241 137,026
5,738 10,124 11,299 12,731
3,029 7,531
7,001
6,651
98
332
375
204
2,931
7,199
6,626 6,447
Earnings by Place of Work
Components of earnings:
Wage and salary disbursementsOther labor income 5
Proprietors' income .
Farm 5
Nonfarm
255,912 273,173 276,556
27,133 29,422 30,567
19,897 19,473 17,895
3,784 4,729 3,519
16,113 14,744 14,376
75,412 80,662 82,998
7,396 7,819 8,354
5,242 6,178
5,230
604 1,928 1,090
4,638 4,250 4,140
68,977
7,560
5,059
442
4,617
74,342
8,312
5,009
655
4,354
76,010
8,760
4,706
468
4,238
543
694
207
630
671
209
176
54,880 59,808 63,915 132,437 144,870 155,864 80,903
46,649 50,937 54,283 111,852 122,322 131,635 70,262
158
172
343
382
418
177
147
140
155
231
256
282
168
130
18
18
112
125
136
9
17
59
59
232
278
291 1,409
57
(D)
(D)
(D)
(D)
1
1
1
(D)
(D)
6
6
108
138
147
(D)
(D)
(D)
34
49
48
6
46
48
88
90
94
45
90
4,693 5,068 5,666 4,250
2,613 2,782 2,849
898
86,766
75,219
191
183
8
1,457
1,194
167
6
90
4,264
882 2,225 1,434
753 4,975 5,907 4,888
88,722 297,967 316,161 320,130 87,168 92,433 95,149
76,470 258,846 274,458 275,347 75,719 80,059 81,740
208
700
734
760
188
192
203
199
660
694
724
178
181
193
8
40
40
36
11
12
10
1,533
2,474
2,635 2,710
927
962 1,025
1,249
1,231
1,195
1,372
582
554
645
181
628
831
831
194
256
231
(L)
(L)
(L)
6
178
182
111
96
436
426
397
152
151
149
4,314 15,951 15,112 14,356
4,901 4,644 4,633
29,417
9,342
1,836
592
1,293
981
1,332
1,675
700
47
692
193
20,075
325
309
5,966
2,496
3,388
2,664
1,446
814
1,349
916
405
27,831
9,632
1,917
563
1,241
1,028
1,406
1,786
762
44
699
184
18,199
310
330
4,711
2,360
3,219
2,673
1,240
745
1,284
924
403
Earnings by Industry
Farm
Nonfarm
Private
Agricultural services, forestry, fisheries, and other6.
Agricultural services
Forestry, fisheries, and other6
Mining
Coal mining
Oil and gas extraction
Metal mining
Nonmetallic minerals, except fuels
Construction
Manufacturing
Nondurable goods
Food and kindred products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Tobacco manufactures
Rubber and miscellaneous plastics products
Leather and leather products
Durable goods
Lumber and wood products
Furniture and fixtures
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Transportation equipment excluding motor vehicles..
Motor vehicles and equipment
Stone, clay, and glass products
Instruments and related products
Miscellaneous manufacturing industries
16,301
8,094
1,067
334
637
682
956
3,230
459
6
645
79
8,207
(D)
(D)
596
1,269
1,739
1,958
138
387
683
812
388
17,487
8,795
1,138
342
690
734
1,059
3,564
506
6
671
86
8,692
102
155
665
1,325
1,818
2,101
147
385
687
901
407
17,837 30,592 32,990 33,887 27,499
9,270 12,451 13,425 13,959 8,672
1,186
1,868
2,007 2,054 1,724
320
566
590
549
561
657 2,256
2,370 2,324 1,200
752 1,043
1,113
1,134
906
1,173
3,258 3,547 3,841 1,220
3,846
1,898 2,005 2,061 1,541
528
651
796
986
627
6
86
98
120
44
719
504
552
554
671
83
320
347
335
178
8,566 18,141 19,564 19,928 18,827
99
218
227
222
318
168
337
344
349
288
603 1,429
1,487
1,240 5,574
1,291
1,592
1,662
1,641 2,390
1,761
4,203 4,562 4,708 3,130
2,223
3,276 3,597 3,786 2,494
144 1,094
1,181
1,202 1,399
297 1,032
1,079
948
740
642
852
880
850 1,278
932 3,211
3,626 4,053
829
406
897
919
930
387
108,434
27,613
6,740
245
1,014
3,433
4,905
5,451
1,242
15
4,208
360
80,821
1,186
1,503
12,091
11,342
19,054
9,388
3,425
16,713
3,134
1,768
1,216
115,319
29,189
7,118
246
1,090
3,656
5,117
5,847
1,118
15
4,595
388
86,129
1,237
1,609
13,082
12,079
20,055
9,735
3,640
18,244
3,253
1,928
1,269
109,414 26,122 27,054 25,730
30,218
8,476 8,646 9,113
7,355 2,345 2,450 2,537
246
38
39
40
1,085
263
275
280
3,792
713
756
774
5,436 2,065 2,079 2,252
6,270
1,554 1,624 1,808
1,050
592
403
365
16
11
12
12
4,574
813
922
955
395
82
88
89
79,196 17,646 18,407 16,616
1,149
182
185
187
1,609
359
371
361
10,933 2,385 2,443
1,949
11,213
2,881 3,012 2,821
18,097 5,587 5,961 5,007
9,425 2,951 3,126 3,090
3,546
739
657
574
16,864
601
604
599
3,094
676
690
682
1,958
750
793
770
1,309
536
565
575
Transportation and public utilities
Railroad transportation
Trucking and warehousing
Water transportation7
Other transportation .
Communication
Electric, gas, and sanitary services
4,905 5,373 5,861 11,601 12,634 13,849
208
205
194
692
721
672
1,362 1,415 1,432
1,500
1,575
1,556
493
460
493
736
779
759
693
622
772 3,138 3,334 3,376
1,566 1,813 2,123 3,934 4,444 5,504
751
690
847 1,601
1,782
1,981
6,278
993
1,711
267
612
1,394
1,300
6,748
982
1,789
281
671
1,550
1,476
6,985 21,114 22,603 23,334
916 2,936 2,877 2,695
6,214
6,444 6,179
1,711
253
279
283
257
723 2,428 2,588
2,732
1,702 5,172 5,749
6,237
1,650 4,110 4,666 5,235
7,114
1,084
1,831
75
1,355
1,641
1,128
7,649
1,068
1,888
83
1,449
1,876
1,285
7,927
1,001
1,838
81
1,524
2,030
1,452
Wholesale trade
Retail trade
Finance, insurance, and real estate
Banking
Other finance, insurance, and real estate8
4,471
4,981
2,814
609
2,205
5,029
5,310
3,080
685
2,395
12,364
11,758
17,689
5,808
11,881
4,857
7,262
4,124
1,184
2,940
5,255
7,674
4,430
1,311
3,119
5,455
7,894
4,803
1,456
3,347
21,970
29,214
18,016
4,751
13,265
7,316
8,076
5,946
1,483
4,463
8,077
8,424
6,495
1,662
4,833
8,308
8,498
7,438
1,909
5,529
10,360
510
377
190
2,496
290
232
208
46
3,070
770
460
250
4
438
1,019
11,659
758
398
203
2,869
317
255
245
47
3,423
800
503
265
4
467
1,104
12,940 29,796 32,881 35,713
890
736
836
889
416
927
985 1,015
219
723
771
833
3,226 6,194
6,898 7,480
354
603
658
700
260
438
489
491
251
883 1,017
1,041
51
586
649
688
3,844 8,532 9,348 10,320
864 2,657
2,791 3,037
524 2,172 2,441
2,660
259 1,304
1,509
1,662
4
89
98
110
514 1,400
1,510
1,673
1,265 2,552 2,881
3,114
14,408
397
601
295
1,847
430
272
329
56
5,464
886
1,352
523
16
750
1,190
15,782
425
619
315
2,000
441
279
335
59
6,220
912
1,486
598
22
789
1,282
Services
Hotels and other lodging places
Personal services
Private households
Business services
Auto repair, services, and garages
Miscellaneous repair services
Amusement and recreation services
Motion pictures
Health services
Legal services
Educational services
Social services
Museums, botanical, zoological gardens..
Membership organizations
Miscellaneous services
Government and government enterprises....
Federal, civilian
Federal, military
State and local
See footnotes at end of table.
,..
5,500 10,576
5,613 10,540
3,451 13,480
734 4,277
2,718 9,202
11,595
11,097
15,396
4,904
10,492
19,665 21,299
27,802 28,755
15,301 16,345
3,903 4,288
11,398 12,058
17,447 47,406 51,655 55,573 15,127 16,561 17,977
448 1,148 1,213
1,286
397
409
458
648 2,240 2,283 2,314
628
646
667
340
816
870
940
232
247
267
2,191
6,777 7,537 7,971
2,716 3,040 3,207
468 1,481
1,540
1,634
438
460
516
291
920
951
941
285
289
306
379 1,084
1,142
1,233
311
309
355
60
237
248
265
102
113
123
7,115 18,496 20,834 23,062
5,157
5,844 6,411
1,014
3,437 3,452 3,690
1,231
1,246
1,367
1,599
2,104 2,311 2,514
836
929 1,028
624 1,521
1,645
1,744
407
459
515
23
80
86
94
34
39
43
865 2,956 3,145 3,436
1,021
1,093
1,203
1,383
4,108 4,399 4,448
1,332
1,437
1,512
8,231 8,871 9,632 20,585 22,549 24,230 10,642 11,547 12,253 39,121 41,703
1,693 1,887 1,999
3,429 3,730 3,818 2,701 3,013 3,172 6,752 7,277
336
378
435
452
479
558
281
456
498 1,324
1,578
6,201 6,607 7,199 16,704 18,340 19,854 7,659 8,077 8,583 31,045 32,847
44,783
7,589
1,753
35,440
11,450 12,375 13,409
2,121
2,318 2,421
617
735
793
8,712
9,321 10,195
August 1983
55
SURVEY OF CURRENT BUSINESS
Sources, 1980-82—Continued
of Dollars]
Indiana
1980
1981
Michigan
1982
1980
1981
Ohio
1982
1980
1981
Plains
Wisconsin
1982
48,827 53,470 54,819 91,360 97,870 99,802 101,849 110,894 115,217
48,020 52,729 54,269 90,586 97,034 99,053 100,962 110,341 114,550
807
741
550
887
774
837
749
552
667
Kansas
Iowa
Line
1980
1981
1982
1980
1981
1982
1980
1981
1982
1980
1981
1982
44,197
42,572
1,625
48,474
46,922
1,552
51,341
49,852
1,488
158,845
153,388
5,457
180,165
170,846
9,319
187,104
180,083
7,021
27,193
26,031
1,161
31,325
28,729
2,595
31,347
29,695
1,652
23,538
22,783
756
26,804
25,651
1,153
28,325
27,139
1,186
1
2
3
9,430
10,274
10,677
9,347
10,227
10,774
9,234
10,427
10,789
9,336
10,749
10,791
9,942
11,237
11,765
4
71,082
3,876
467
67,673
16,333
15,796
76,599
4,181
-570
71,848
15,506
14,495
81,153
4,787
-582
75,784
19,070
16,040
81,838
4,945
-556
76,338
20,608
18,271
32,786
1,769
478
31,495
6,780
5,922
34,742
2,034
514
33,223
8,532
6,719
36,185
2,162
513
34,536
9,231
7,575
116,708
6,631
-1,090
108,988
29,142
20,716
129,122
7,659
-1,160
120,304
36,436
23,426
131,196
8,148
-1,193
121,855
39,149
26,100
19,120
1,080
139
18,179
5,549
3,465
21,590
1,207
169
20,552
6,873
3,899
20,639
1,246
199
19,592
7,304
4,452
16,360
918
896
16,339
4,336
2,863
18,222
1,081
924
18,065
5,457
3,282
18,898
1,151
986
18,733
5,891
3,702
5
6
7
8
9
10
30,869 33,328 33,284 57,292 60,436 59,719
3,339 3,660 3,778 7,085 7,710 7,719
2,815 2,527 2,267 4,106 3,853 3,644
648
586
369
505
596
472
2,167 1,941 1,898 3,601 3,257 3,172
65,494
6,589
4,515
696
3,819
70,077
7,265
3,811
354
3,458
70,522
7,513
3,803
435
3,368
26,84-3
2,724
3,219
1,331
1,888
28,671
2,968
3,104
1,266
1,838
30,033
3,201
2,950
1,153
1,798
95,045
8,970
12,694
4,219
8,475
102,927
9,874
16,321
8,053
8,268
106,807
10,741
13,648
5,536
8,112
14,930
1,436
2,754
904
1,849
15,858
1,573
4,160
2,307
1,853
15,851
1,657
3,131
1,313
1,817
13,205
1,294
1,861
532
1,330
14,517
1,456
2,249
942
1,308
15,117
1,565
2,215
938
1,277
11
12
13
14
15
807
741
550
774
837
749
36,216 38,774 38,779 67,709 71,163 70,334
31,736 33,936 33,688 58,260 61,420 60,075
74
78
82
159
162
168
71
75
80
146
150
155
3
2
2
13
12
12
297
312
352
349
400
320
202
215
255
2
2
1
33
39
42
114
158
151
(L)
(L)
(L)
157
166
102
62
58
55
77
75
65
2,155 2,081 2,013 3,071 2,955 2,659
887
75,712
66,272
174
168
6
845
445
285
15
101
4,116
552
80,600
70,468
187
181
6
905
424
375
5
100
3,801
667
81,171
70,274
196
192
4
968
470
405
-3
97
3,600
1,625
31,161
26,858
105
97
8
55
1
2
8
45
1,708
1,552
33,190
28,576
115
106
8
57
1
2
11
43
1,631
1,488
34,696
29,571
111
103
8
46
1
3
11
31
1,451
5,457
111,252
93,584
385
368
17
1,412
101
608
507
196
7,309
9,319
119,803
100,494
418
401
17
1,734
109
875
564
187
7,017
7,021
124,175
103,487
429
412
17
1,563
134
846
395
189
6,759
1,161
17,959
15,298
71
69
2
50
8
2
2,595
18,995
16,120
76
73
2
47
8
3
1,652
18,987
15,923
77
75
2
43
6
3
(L)
(L)
(L)
40
1,236
37
1,150
34
1,028
756
15,604
12,937
55
53
1
434
16
393
0
25
1,058
1,153
17,069
14,110
61
59
1
574
16
534
0
24
1,012
1,186
17,712
14,494
60
58
1
578
16
540
0
23
998
16
17
18
19
20
21
22
23
24
25
26
27
29,214 27,219 28,799
7,802
4,767 4,885
1,420
1,074 1,111
87
44
52
206
404
388
832
515
533
1,193
655
688
1,670
1,273 1,307
388
98
100
(L)
3
(D
1,930
650
654
74
54
51
24,446 22,334 20,998
212
191
175
255
515
530
4,090
2,207 1,762
3,482
2,863 2,532
4,792
4,330 3,872
2,171
786
778
1,310
456
485
2,742
12,216 11,335
1,380
469
431
349
275
295
216
139
140
30,917
8,394
1,494
90
222
897
1,271
1,841
432
3
2,067
77
22,523
224
258
4,499
3,755
5,012
2,274
1,358
3,069
1,443
407
224
29,096
8,447
1,532
84
226
901
1,298
1,937
400
2
1,983
84
20,649
212
255
3,744
3,424
4,543
2,212
1,414
2,815
1,380
413
237
11,489
3,738
1,246
68
76
1,133
530
237
12
(D
305
131
7,750
317
146
583
1,222
2,865
1,085
181
807
181
205
158
12,209
4,036
1,343
63
81
1,229
573
260
13
12,373
4,267
1,377
59
89
1,328
636
278
12
27,610
10,576
4,162
29,633
11,446
4,444
80
483
1,370
2,099
1,446
329
29,538
11,890
4,589
77
460
1,482
2,254
1,549
319
3,985
1,496
523
17,034
553
322
944
2,192
5,236
2,309
2,182
1,199
841
874
381
894
301
18,187
584
342
989
2,322
5,618
2,530
2,409
1,207
855
931
401
867
294
17,649
550
348
900
2,318
5,225
2,472
2,264
1,230
808
1,125
408
5,172
1,988
1,100
16
49
89
309
190
6
0
221
8
3,184
72
77
248
372
1,461
493
21
151
118
53
119
4,126
1,444
495
344
142
8,106
293
163
590
1,333
3,034
1,180
198
727
159
243
185
5,584
2,016
1,129
17
46
87
291
196
5
0
235
9
3,569
79
82
259
396
1,784
505
20
153
125
48
117
3,775
1,301
446
330
144
8,172
332
160
621
1,304
2,952
1,171
200
847
187
227
172
5,253
1,871
1,076
15
44
75
269
176
5
0
203
9
3,382
77
75
246
376
1,686
485
41
104
132
55
105
8,896
9,748 10,021
9,872 10,620 10,956
37,023 39,515 39,329 68,483 71,999
1,975 2,299 2,354 3,359 3,840
196
204
251
445
463
35,244 37,420 37,227 65,568 68,622
7,392 9,177 9,910 12,315 15,053
6,191 6,872 7,683 13,477 14,196
14,652 15,926 14,997 27,372
3,126 3,345 3,506 4,471
708
757
797 1,022
13
10
11
40
105
108
102
363
265
259
256
490
497
538
561
620
791
849
940 1,199
155
171
173
95
(L)
1
1
1
566
627
636
593
23
26
28
49
11,526 12,581 11,491 22,901
295
305
282
180
281
304
299
462
2,942 3,312 2,888 2,092
1,095 1,145 1,103 2,663
1,668 1,800 1,641 4,142
2,103 2,378 2,165 1,080
883
970
875
311
1,455 1,508 1,388 11,107
442
464
442
455
208
227
238
256
154
169
172
151
(L)
(L)
(D)
489
1,246
1,910
1,324
291
0
793
(D)
(L)
(L)
(D)
(L)
(L)
36
64
262
203
158
0
131
2,474
50
28
79
232
476
149
1,042
169
164
59
27
38
73
285
224
181
0
145
2
2,682
69
26
84
256
490
174
1,176
155
170
58
24
40
79
305
233
179
0
134
2
2,489
61
26
68
242
436
168
1,034
197
166
66
24
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
(D)
2,576
397
831
22
169
587
571
2,799
398
874
26
177
643
681
2,930
370
849
27
183
715
786
3,926
408
1,048
27
321
1,133
989
4,151
393
1,090
27
339
1,204
1,099
4,290
371
1,061
26
342
1,286
1,204
5,431
769
1,816
111
381
1,345
1,008
5,772
745
1,859
123
403
1,518
1,124
5,836
695
1,698
105
440
1,643
1,254
2,067
279
688
18
201
465
416
2,233
273
734
20
221
508
476
2,351
259
733
17
242
561
539
10,565
2,045
2,842
125
1,537
2,329
1,685
11,430
2,110
3,002
145
1,634
2,603
1,936
11,855
1,997
3,000
131
1,705
2,878
2,144
1,357
249
471
4
65
314
254
1,455
254
494
4
66
344
291
1,485
238
494
5
68
361
319
1,522
407
417
2
143
298
255
1,639
432
446
2
148
333
278
1,737
410
467
1
164
379
316
52
53
54
55
56
57
58
2,053
3,455
1,640
441
1,199
2,182
3,606
1,734
478
1,256
2,189
3,663
1,827
510
1,317
3,669
6,134
2,833
803
2,030
3,873
6,269
2,918
847
2,070
3,915
6,292
3,068
899
2,169
4,678
7,107
3,326
814
2,512
5,048
7,322
3,516
897
2,620
5,255
7,532
3,822
978
2,844
1,950
3,030
1,555
362
1,193
2,118
3,134
1,682
403
1,278
2,302
3,228
1,862
456
1,406
9,554
11,586
6,550
1,688
4,862
10,267
12,275
7,049
1,898
5,151
10,675
12,677
7,638
2,102
5,536
1,523
1,917
1,062
266
797
1,603
2,005
1,140
295
844
1,651
2,013
1,209
320
888
1,254
1,547
833
229
604
1,378
1,671
906
256
650
1,450
1,733
995
283
711
59
60
61
62
63
4,834
141
281
110
510
197
107
89
26
2,008
323
230
183
6
321
303
5,218
148
279
117
558
200
112
99
26
2,262
308
261
192
6
338
313
5,634 10,748 11,480 12,145
154
223
232
245
284
501
497
486
126
174
185
200
585 1,429 1,550 1,680
209
333
335
359
115
231
232
222
104
245
256
271
27
53
50
56
2,533 4,373 4,818 5,224
316
755
769
818
290
298
310
335
193
303
330
358
7
14
14
14
372
636
670
726
320 1,179 1,232 1,152
11,796
250
588
226
1,566
366
213
321
39
4,813
803
518
412
24
711
946
13,000
277
603
241
1,769
392
227
348
42
5,459
796
571
438
25
758
1,053
13,969
276
611
261
1,812
390
207
363
43
6,190
829
609
451
28
818
1,080
4,901
136
242
75
555
146
84
118
17
2,144
325
222
216
2
267
349
5,397
146
259
80
620
154
91
131
17
2,450
332
240
225
3
286
365
5,848
152
266
86
688
160
91
141
16
2,703
360
253
227
3
317
383
18,614
615
974
377
2,286
698
437
409
93
7,127
1,195
922
729
18
1,076
1,658
20,670
688
1,031
402
2,633
733
470
444
100
8,184
1,247
1,017
807
20
1,145
1,747
22,354
709
1,053
434
2,886
767
452
488
104
9,185
1,343
1,073
830
20
1,237
1,773
2,828
73
173
65
291
112
69
48
13
1,125
231
151
99
2
161
215
3,061
82
182
70
322
109
68
50
12
1,274
234
164
110
2
168
215
3,246
82
184
75
344
114
68
52
12
1,385
242
175
113
2
184
214
2,461
63
138
56
296
94
95
42
9
975
153
65
74
1
128
271
2,745
73
148
60
345
100
108
47
10
1,133
160
72
79
1
135
274
2,959
75
150
65
381
104
112
52
9
1,265
171
74
81
1
146
271
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
4,480
872
148
3,460
4,838
944
185
3,709
5,092
971
216
3,905
9,440
2,002
285
7,153
10,133
2,147
324
7,661
10,897
2,211
376
8,310
4,303
570
71
3,661
4,615
591
101
3,922
5,126
648
107
4,370
17,668
3,574
1,252
12,842
19,308
3,864
1,417
14,027
20,688
4,036
1,607
15,045
2,661
388
42
2,231
2,875
419
38
2,418
3,064
439
43
2,582
2,667
502
371
1,795
2,959
530
443
1,986
3,217
554
508
2,156
80
81
82
83
9,449
1,187
203
8,059
9,743 10,258
1,277 1,337
232
262
8,233 8,660
56
August 1983
SURVEY OF CURRENT BUSINESS
Table 3.—Personal Income by Major
[Millions
Item
1980
1981
1982
1980
39,553
38,023
1,530
43,938
42,137
1,801
46,184
44,720
1,464
42,934 48,232
42,417 47,207
517 1,024
9,688
10,684
11,175
1981
1982
1980
1981
South Dakota
North Dakota
Nebraska
]Missouri
Minnesota
Line
1982
1980
1981
1982
1980
1981
1982
Income by Place of Residence
Total personal income (lines15-10)..
Nonfarm personal income
Farm income (line 16)
Per capita personal income (dollars)..
8,720
9,764
50,346 14,361 16,292
49,860 13,724 15,135
637 1,158
486
10,170
9,137
10,331
16,939 5,728 7,200 7,287 5,537 6,375 6,675
15,976 5,334 6,316 6,738 5,076 5,672 5,954
720
703
394
885
549
461
963
10,683
8,759 1.0,911 10,876
8,028 9,245 9,666
Derivation of Total Personal Income
Earnings by place of work (lines 11-15 or 16-83)32...
Less: Personal contributions for social insurance ...
Plus: Adjustment for residence
Equals: Net earnings by place of residence
Plus: Dividends, interest, and rent4.
10 Plus: Transfer payments
30,284 32,800 33,851 32,646 35,644 36,657
1,813 2,101
2,249
2,035 2,171
1,757
-66
-63 -1,739 -1,838 -1,948
-66
28,461 30,698 31,618 29,094 31,705 32,461
9,373 10,092
6,400 7,897 8,557 7,418
6,422 7,154 7,794
4,693 5,342 6,010
10,404 11,542 11,769 4,109 5,142 5,075 3,786 4,182 4,306
275
259
245
292
322
226
592
683
734
11
11
7
-211
-227
-235 -117 -132 -142
9,601 10,633 10,799 3,747 4,718 4,610 3,566 3,933 4,042
2,999 3,643 3,914 1,246 1,640 1,746 1,194 1,551 1,645
988
890
736
842
930
776
1,761
2,016
2,225
Earnings by Place of Work
Components of earnings:
Wage and salary disbursements....
Other labor income 5
Proprietors' income .
Farm 5
Nonfarm
24,835 26,910
2,418 2,638
3,030 3,251
1,590
1,333
1,662
1,697
28,132
2,872
2,847
1,216
1,631
27,743 30,040 31,375
2,643 2,886 3,174
2,261
2,718 2,108
346
854
286
1,914
1,864
1,823
8,383
721
1,300
426
874
9,027
798
1,717
952
764
9,414 3,162 3,584 3,828 2,786 2,991 3,089
287
260
225
263
304
232
882
930
931
722 1,295
943
767
1,473
619
617
302
792
440
376
723
310
314
420
503
504
391
750
Earnings by Industry
Farm
Nonfarm
Private
Agricultural services, forestry, fisheries, and other6.
Agricultural services
Forestry, fisheries, and other6
Mining
Coal mining
Oil and gas extraction
Metal mining
Nonmetallic minerals, except fuels
Construction
1,801
1,464
1,530
517 1,024
486
28,754 30,999 32,387 32,129 34,620 36,171
24,551 26,436 27,473 27,381 29,444 30,711
86
93
96
107
113
97
102
107
92
83
90
93
3
3
4
5
6
5
183
185
207
486
334
432
41
42
63
1
1
1
8
12
11
13
16
10
76
76
77
439
281
389
58
54
55
33
35
33
1,670
1,879
1,919
1,891
1,749
1,865
Manufacturing
Nondurable goods
.
Food and kindred products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Tobacco manufactures
Rubber and miscellaneous plastics products
Leather and leather products
Durable goods
Lumber and wood products
Furniture and fixtures
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Transportation equipment excluding motor vehicle
Motor vehicles and equipment
Stone, clay, and glass products
Instruments and related products
Miscellaneous manufacturing industries
7,587
2,887
942
43
71
816
583
160
55
0
180
36
4,700
238
62
158
817
1,929
470
65
112
186
559
104
8,210
3,152
1,007
46
61
905
656
184
62
0
196
35
5,058
250
65
159
867
2,121
518
52
106
188
617
114
8,560
3,354
1,074
39
41
1,000
714
192
65
0
195
35
5,206
242
66
150
887
2,185
567
51
102
187
652
115
8,567
3,347
946
10
301
259
631
728
54
0
184
235
5,220
131
126
411
597
754
992
974
737
270
117
112
9,092
3,551
999
10
298
271
681
775
58
9,238
3,749
1,073
13
293
279
730
861
47
(L)
(L)
210
249
5,541
129
136
432
620
797
1,115
1,095
711
281
114
111
210
243
5,489
120
143
389
641
754
1,027
1,094
703
248
255
113
Transportation and public utilities
Railroad transportation
Trucking and warehousing
Water transportation7
Other transportation .
Communication
Electric, gas, and sanitary services
2,402
391
584
39
531
473
385
2,607
400
614
46
587
521
441
2,676
376
609
35
599
575
482
3,425
439
893
80
688
793
532
3,681
441
936
92
719
906
587
Wholesale trade
Retail trade
Finance, insurance, and real estate
Banking
Other finance, insurance, and real estate8
2,514
2,989
1,735
429
1,306
2,680
3,194
1,886
487
1,399
2,789
3,320
2,051
540
1,512
2,659
3,195
1,835
469
1,366
Services
Hotels and other lodging places
Personal services
Private households
Business services
Auto repair, services, and garages
Miscellaneous repair services
Amusement and recreation services
Motion pictures
Health services
Legal services
Educational services
Social services
Museums, botanical, zoological gardens
Membership organizations
Miscellaneous services
4,930
163
231
72
686
181
102
123
24
1,867
293
198
269
10
276
434
5,517
187
247
77
782
198
111
135
26
2,121
325
222
306
12
300
470
5,961
193
256
83
855
209
102
146
27
2,331
358
249
325
11
329
487
4,203
651
91
3,461
4,563
707
81
3,774
4,914
729
81
4,104
Government and government enterprises..
Federal, civilian
Federal, military
State and local
See footnotes at end of table.
720
461
703
394
885
549
637 1,158
963
9,767 10,385 10,806 3,715 4,257 4,526 3,324 3,478 3,585
7,912 8,344 8,595 2,931 3,367 3,558 2,574 2,673 2,732
19
18
18
20
21
18
41
44
44
18
17
16
18
19
17
42
42
39
1
1
2
2
2
1
2
2
2
60
73
205
321
292
65
43
49
49
(L)
(L)
(L)
34
40
46
2
1
1
4
5
166
275
239
3
26
34
33
(L)
(L)
(L)
37
49
-1
-1
-1
44
19
19
6
6
8
18
16
14
15
190
220
370
372
414
242
658
596
569
2
28
2
13
0
7
283
138
71
4
3
2
31
3
14
0
11
295
156
80
5
3
1
33
3
16
0
13
(L)
(L)
(D
141
6
3
145
5
3
139
5
4
13
74
3
12
8
17
1
5
14
75
3
12
8
17
1
5
13
69
3
12
8
17
1
6
1,275
438
287
1
73
349
127
400
88
97
0
23
91
101
488
91
115
0
25
99
158
960
1,112
746
183
563
996
1,138
815
201
614
393
436
202
63
139
1,590
49
89
33
188
68
42
29
7
595
117
82
60
2
89
140
1,710
53
89
35
212
68
42
32
7
658
112
91
64
2
96
148
1,883
57
93
37
240
68
43
35
g
768
117
95
67
2
106
147
1,855
324
229
1,301
2,041
344
258
1,439
2,211
359
292
1,560
1,827
904
561
3
19
31
131
65
6
0
83
4
924
31
30
40
140
257
180
49
55
52
69
21
262
121
62
914
33
28
49
135
255
183
47
54
51
59
21
1,885
910
573
3
21
29
124
62
7
0
88
4
975
34
29
53
145
282
186
51
56
52
65
21
3,832
418
913
89
750
1,023
638
1,156
440
260
1
67
289
100
1,242
460
281
1
69
320
111
2,888
3,398
1,957
527
1,429
3,003
3,547
2,117
595
1,522
906
1,079
694
163
532
5,553
211
278
123
741
204
101
147
36
2,010
320
378
181
4
325
495
6,233
233
295
131
870
218
110
159
41
2,343
337
417
199
4
339
536
6,778
236
298
142
956
231
99
179
43
2,695
371
425
192
5
361
547
4,748
1,341
266
3,140
5,175
1,469
312
3,394
5,460
1,551
364
3,545
1,743
829
529
(D)
(D)
27
110
53
6
0
79
(D)
423
220
160
453
235
171
460
242
177
(L)
(L)
(L)
16
3
28
3
16
3
30
4
0
9
1
202
18
1
2
23
62
27
2
16
20
25
6
0
9
1
218
18
1
2
23
69
30
2
18
21
28
7
15
3
32
4
a>
0
9
1
218
19
1
3
23
63
34
2
14
20
29
9
522
86
117
0
28
108
184
302
31
119
319
32
115
330
30
114
21
71
59
21
80
71
23
84
78
442
464
219
71
148
465
487
234
79
156
305
424
187
70
117
316
432
196
78
118
320
439
217
84
133
645
31
35
12
43
17
15
8
2
299
42
18
18
0
46
60
758
35
39
13
54
19
19
9
2
366
47
19
21
0
52
64
829
37
40
14
59
21
17
11
2
414
49
20
23
607
26
31
16
41
21
13
12
2
255
38
31
27
647
26
30
17
48
20
12
13
3
288
33
33
29
<U
(L)
697
29
32
18
51
21
12
14
2
326
34
35
28
56
65
51
44
54
41
55
41
784
169
156
460
890
183
177
530
967
189
198
581
750
199
97
454
805
211
108
486
853
216
121
516
(D)
(D)
(L)
(L)
(L)
(L)
(L)
(L)
(L)
(L)
(L)
(L)
57
SURVEY OF CURRENT BUSINESS
August 1983
Sources, 1980-82—Continued
of Dollars]
Southeast
1980
1981
Alabama
1982
1980
1981
i\rkansas
1982
1980
1981
1982
1980
1981
1982
1980
1981
1982
44,193
43,873
320
50,154
49,410
745
54,035
53,259
777
28,009
27,208
802
31,398
30,195
1,203
32,762
31,697
1,065
35,990
35,695
295
41,999
41,630
369
44,633
44,257
376
10,978
8,061
9,012
9,583
7,648
8,567
8,934
8,525
9,778
10,231
1
2
3
4
64,833
3,783
-61
60,989
26,907
18,016
69,791
4,158
-62
65,571
28,716
20,060
34,432
1,949
-94
32,389
5,841
5,963
38,439
2,292
-98
36,049
7,330
6,775
41,175
2,507
-125
38,542
8,054
7,439
20,591
1,108
174
19,658
3,812
4,540
22,493
1,279
198
21,412
4,895
5,091
23,071
1,355
146
21,862
5,327
5,573
27,437 31,463
1,412
1,746
-8
-8
26,017 29,709
5,469
7,129
4,504
5,161
33,016
1,858
-7
31,152
7,702
5,779
5
6
7
8
9
10
48,511
4,133
5,056
638
4,418
55,150
4,796
4,887
634
4,253
59,552
5,473
4,766
618
4,147
29,429
2,663
2,341
124
2,217
32,706
3,031
2,703
558
2,145
35,116
3,408
2,651
556
2,095
16,706
1,850
2,036
695
1,341
18,090
1,967
2,436
1,083
1,353
18,703
2,124
2,245
922
1,322
23,322
2,309
1,806
153
1,653
26,872
2,704
1,887
231
1,656
28,230
2,959
1,828
215
1,613
11
12
13
14
15
774
12,286
10,181
64
52
11
175
3
137
8
26
677
1,235
56,465
46,720
562
509
53
226
2
1,302
68,489
56,383
659
600
60
249
1
57
7
183
5,214
320
34,112
27,589
125
86
39
143
1
4
745
37,695
30,430
139
98
42
157
1
6
777
40,399
32,479
143
107
36
162
1
6
(L>
139
1,905
150
1,992
155
2,156
1,065
22,006
18,047
84
82
2
1,817
1,666
106
-1
46
1,178
376
32,640
27,289
123
79
45
3,094
(L)
1,203
21,290
17,649
73
70
2
1,747
1,605
100
-1
43
1,176
369
31,094
26,325
114
70
44
2,947
(L)
802
19,789
16,411
63
61
3
1,585
1,465
78
-1
42
1,218
295
27,142
22,901
103
58
44
2,343
191
4,661
1,231
63,602
52,640
624
567
57
251
1
33
7
210
5,299
1981
1982
1980
16,472
15,851
621
18,725
17,761
964
19,430
18,657
774
90,856 105,912 114,347
89,621 104,681 113,045
1,235
1,231
1,302
8,649
7,166
8,168
8,479
9,201
10,438
312,199 345,825 363,494 21,512 23,344 24,054
17,612 20,767 22,334 1,269 1,451 1,533
347
3,490
298
326
3,182
3,387
297,769 328,444 344,650 20,541 22,218 22,868
66,333 84,976 92,053 3,725 4,764 5,215
66,195 75,582 83,529 4,857 5,490 6,018
11,629
661
7
10,975
2,526
2,971
12,851
770
4
12,085
3,289
3,351
13,059
817
12
12,255
3,500
3,676
57,700
3,115
-45
54,540
20,776
15,541
264,253 292,890 309,027 18,159 19,599 20,265
24,539 27,820 30,774 1,765 1,967 2,112
23,406 25,115 23,693 1,588 1,778 1,677
494
5,316
354
564
3,941
6,274
19,465 18,841 18,377 1,234 1,215 1,183
9,254
962
1,413
405
1,008
10,061
1,069
1,721
760
960
10,428
1,159
1,472
536
937
617
7,910
6,189
8,490
459
668
306,010 337,334 355,584 21,053 22,676 23,437
247,161 272,103 284,861 16,639 17,899 18,327
94
1,668
77
95
1,422
1,578
52
1,365
43
48
1,139
1,275
42
302
33
47
283
303
528
9,582
464
473
7,924
9,018
(D)
425
4,817
382
371
4,427
(D)
57
3,916
58
2,895
3,715
(D)
(D)
(D)
(D)
51
60
(D)
(D)
798
776
815
40
20,844 21,797 21,465 1,273 1,244 1,224
621
11,008
9,181
56
46
10
130
4
94
10
22
753
964
11,887
9,919
62
50
12
166
4
128
11
23
738
430,297 489,003 520,232 29,123 32,473 34,101
424,108 480,513 512,322 28,665 31,805 33,485
617
7,910
459
668
6,189
8,490
8,137
9,134
9,602
7,477
8,284
1Louisiana
Kentucky
Georgia
Florida
1980
1981
1982
2,876
3,172
2,998
16
17
18
19
20
21
22
23
24
25
26
27
74,093 81,765
38,293 42,100
5,910
6,398
8,198
8,647
4,425
4,765
3,966
4,396
2,879
3,255
7,360
8,099
942
1,093
1,443
1,719
2,648
3,125
522
604
35,800 39,664
3,383
3,493
2,373
2,587
4,225
4,572
4,350
4,749
5,496
6,200
5,869
6,671
4,007
4,649
1,731
2,061
2,677
2,839
962
1,087
727
756
81,835 6,144 6,678
42,926 2,807 3,075
430
6,789
395
564
8,196
543
525
4,680
474
586
4,512
512
170
3,550
151
389
8,549
369
43
1,103
41
10
1,839
9
354
3,173
310
2
537
3
38,908 3,337 3,603
399
3,353
389
107
2,512
94
3,924 1,040 1,082
487
4,596
443
305
6,183
277
336
6,903
287
391
4,841
355
189
1,994
163
189
2,698
181
53
1,147
45
65
757
61
6,434
3,106
439
532
536
634
177
372
47
10
357
2
3,328
383
109
845
467
288
365
405
166
179
57
65
3,171
1,444
430
53
119
301
122
178
41
0
129
71
1,727
296
119
165
222
216
351
70
53
83
104
49
3,492
1,603
491
55
119
326
134
198
42
0
158
78
1,889
314
129
173
255
253
392
67
64
87
102
53
3,460
1,643
532
50
107
323
146
192
45
0
174
75
1,817
299
120
153
262
232
385
61
71
87
101
46
7,868
3,088
821
42
312
352
634
591
45
31
226
34
4,780
336
151
95
626
721
1,082
1,030
42
383
222
92
8,906
3,408
876
37
337
406
736
636
49
33
258
40
5,498
363
161
109
688
823
1,286
1,231
54
431
246
108
9,329
3,536
941
31
331
402
802
659
46
33
254
38
5,792
348
161
106
662
942
1,435
1,324
58
412
228
116
8,156
4,814
939
1,549
651
649
361
348
33
35
227
22
3,342
415
117
338
358
382
348
475
434
314
74
88
9,011
5,279
1,045
1,624
704
704
411
396
34
46
288
26
3,732
435
127
395
374
448
418
542
498
331
88
78
9,207
5,374
1,109
1,527
709
732
459
426
27
66
296
23
3,833
449
138
382
364
418
471
625
451
336
111
87
5,301
2,124
417
75
263
141
233
389
132
251
183
39
3,177
128
72
517
333
832
675
35
306
174
52
54
5,731
2,316
441
78
274
153
258
414
146
294
218
41
3,415
133
70
564
352
903
714
36
359
166
62
55
5,532
2,385
477
84
274
160
273
414
158
288
219
38
3,147
120
66
511
328
830
644
27
346
161
59
55
4,691
2,566
420
23
96
335
136
1,003
513
0
40
2
2,124
238
11
204
359
277
206
621
17
159
18
16
5,436
2,921
456
26
95
390
151
1,127
627
0
47
2
2,515
232
10
228
462
380
241
722
33
167
23
17
5,341
2,980
470
25
88
355
167
1,221
608
0
45
2
2,361
222
11
176
434
364
237
645
70
164
20
19
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
25,491
3,061
5,887
1,477
4,043
6,779
4,244
28,388
3,158
6,324
1,700
4,536
7,726
4,943
30,337
2,939
6,390
1,681
4,912
8,625
5,792
1,605
205
400
77
65
492
366
1,770
208
433
87
74
548
419
1,893
192
441
85
79
614
481
977
189
289
6
54
235
204
1,046
188
304
6
60
270
219
1,109
177
312
4
62
302
254
5,067
302
770
219
1,426
1,661
689
5,694
322
851
259
1,559
1,908
795
6,149
299
876
274
1,632
2,126
940
3,430
377
719
50
916
877
491
3,877
389
774
50
1,051
1,027
586
4,234
360
802
51
1,161
1,184
675
1,622
411
400
42
94
359
316
1,736
406
428
46
96
394
366
1,794
380
426
49
105
420
414
2,793
255
440
825
340
530
403
3,202
282
490
961
391
589
488
3,344
263
483
944
415
655
584
20,564
31,613
15,631
3,929
11,702
22,648
34,399
17,084
4,471
12,613
23,866
36,209
18,776
5,029
13,747
1,310
1,934
939
266
674
1,368
2,048
1,001
295
706
1,426
2,123
1,077
322
755
673
1,221
518
163
355
714
1,311
549
178
370
737
1,361
613
194
419
4,039
7,451
4,127
747
3,380
4,553
8,303
4,681
889
3,792
4,844
8,774
5,160
1,010
4,150
3,217
3,486
1,933
432
1,501
3,546
3,792
2,108
494
1,615
3,830
4,015
2,348
562
1,785
1,108
1,901
822
274
548
1,201
2,019
885
307
578
1,247
2,120
951
339
612
1,957
2,645
1,217
353
864
2,218
2,938
1,357
414
943
2,240
3,093
1,525
483
1,042
52
53
54
55
56
57
58
59
60
61
62
63
49,580
2,431
2,455
1,992
7,143
1,795
1,261
1,340
224
16,352
3,633
2,223
1,407
22
2,716
4,585
55,426
2,698
2,602
2,124
8,234
1,921
1,414
1,478
240
19,002
3,827
2,374
1,476
25
2,892
5,121
61,122
2,937
2,719
2,294
9,195
2,028
1,450
1,692
240
21,625
4,152
2,527
1,520
29
3,236
5,480
2,892
80
154
172
333
116
71
43
8
1,122
181
120
87
3,222
86
161
183
386
122
82
47
3,528
90
167
198
440
127
81
54
(D)
(D)
1,291
189
132
90
1,455
200
139
89
1,682
61
97
66
149
73
40
33
6
693
99
42
88
1,840
67
104
70
169
77
46
37
8
795
101
47
80
1,985
72
107
76
178
82
47
40
6
893
108
47
76
182
223
192
252
212
268
100
134
104
136
115
139
12,719
850
534
381
1,814
476
336
619
64
4,043
1,166
424
277
5
538
1,190
14,330
919
574
406
2,083
519
371
683
70
4,738
1,264
465
307
5
573
1,352
16,005
996
607
439
2,287
561
382
795
66
5,520
1,395
492
343
6
659
1,458
5,193
260
268
250
858
223
132
100
31
1,492
371
247
136
2
306
518
5,807
293
284
267
1,012
240
146
108
31
1,703
390
274
147
2
328
581
6,384
313
295
288
1,140
255
145
120
33
1,928
434
291
150
2
363
627
2,792
98
156
86
253
96
54
63
11
1,184
201
101
109
2
156
223
3,080
107
164
91
286
101
60
68
12
1,376
208
111
106
2
166
221
3,324
119
167
99
304
105
61
74
10
1,538
217
118
105
3
184
222
4,276
193
172
185
767
135
165
76
15
1,245
359
187
102
1
213
461
4,943
213
186
197
948
144
202
85
18
1,466
395
205
110
2
229
542
5,531
223
198
212
1,050
156
211
96
18
1,710
448
222
115
2
258
611
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
58,849
14,551
8,739
35,560
65,231
15,867
10,290
39,074
70,723
16,656
11,962
42,105
4,415
1,399
448
2,568
4,777
1,499
535
2,743
5,110
1,578
627
2,905
1,827
391
174
1,262
1,968
429
185
1,354
2,105
440
209
1,455
9,745
1,910
1,358
6,477
10,961
2,119
1,601
7,241
12,106
2,225
1,842
8,040
6,523
1,661
941
3,922
7,265
1,844
1,009
4,412
7,920
1,969
1,240
4,711
3,378
712
520
2,145
3,641
771
567
2,303
3,959
832
681
2,446
4,241
684
384
3,173
4,770
740
436
3,593
5,351
778
524
4,049
80
81
82
83
(L)
(D)
(D)
(L)
(L)
(L)
(D)
(D)
(L)
(L)
(L)
2,256
2,855
3,002
(D)
(D)
(D)
(D)
(D)
(D)
58
SURVEY OF CURRENT BUSINESS
August 1983
Table 3.—Personal Income by Major
[Millions
Line
North Carolina
isissippi
Item
Virginia
Tennessee
South Carolina
1980
1981
1982
50,168
49,904
263
56,692
56,203
60,923
60,616
306
8,906
9,357
10,450
11,095
2,454
-71
36,865
7,427
7,186
40,974 17,432 19,329 20,115 27,004 29,428 30,377
2,617 1,031 1,219 1,291 1,647 1,925 2,043
-372
-361
-390
313
334
-70
285
38,287 16,686 18,423 19,159 24,997 27,113 27,962
8,107 2,739 3,448 3,763 4,866 6,205 6,776
8,038 3,396 3,895 4,309 5,350 6,059 6,682
35,541
2,015
3,009
36,535
6,747
6,885
39,441
2,330
3,203
40,314
8,485
7,894
42,220
2,550
3,321
42,992
9,286
8,644
30,100
2,748
2,871
874
1,997
33,127
3,149
3,113
1,218
1,895
34,672 15,227 16,779 17,455 22,936 25,041 25,863
3,473 1,344 1,530 1,672 2,200 2,472 2,679
989 1,868 1,915 1,836
2,829
862 1,020
436
309
479
150
139
980
20
870
850 1,558 1,435 1,399
1,849
841
31,267
2,622
1,652
108
1,544
34,644
2,997
1,800
341
1,459
37,293
3,374
1,553
132
1,421
1,148
34,571
28,328
124
100
24
96
4
1
1,515
37,874
30,959
130
110
20
428
592
272
282
1,331
158
570
39,643 17,274 19,058 19,834 26,576 28,836
32,169 13,582 14,911 15,349 21,826 23,758 24,659
73
75
82
127
68
65
74
66
68
44
59
50
53
112
7
7
24
7
25
28
15
232
218
237
32
32
94
121
117
122
1
1
3
27
16
26
1
1
(L)
(L)
32
34
38
0
0
-1
51
50
50
29
31
30
91 1,145 1,196
1,187 1,427 1,440 1,477
1,900
13,237 5,955 6,506 6,449 8,084 8,912 8,862
7,922 4,033 4,395 4,368 4,377 4,795 4,881
756
703
230
659
212
736
200
331
345
320
3,095 1,880 1,996 1,823
629
665
457
615
462
853
416
408
391
373
360
346
323
551
430
396
133
354
122
104
346
879 1,392 1,517 1,612
807
737
949
22
22
13
19
10
10
17
32
38
27
9
8
6
781
409
455
445
446
427
354
525
210
221
269
4
4
2
70
5,315 1,922 2,111 2,081 3,707 4,118 3,981
227
232
229
193
199
450
190
277
251
278
59
63
58
1,055
421
428
465
159
187
163
200
580
571
609
265
271
242
464
666
654
710
570
575
545
1,184
648
603
690
376
342
313
1,061
266
211
263
70
69
52
67
305
239
306
39
48
24
270
276
283
297
209
211
194
304
163
91
114
90
89
83
194
152
143
157
52
55
57
65
263
35,278
25,317
104
76
27
622
568
6
2
46
2,151
489
27,695
114
87
27
674
618
9
2
44
2,091
306
41,914
29,517
122
96
27
712
655
9
2
46
2,015
7,022
3,652
577
574
296
340
353
778
11
466
223
34
3,369
294
298
296
402
286
659
637
174
220
7,778
4,030
627
613
306
368
402
849
13
560
255
38
3,749
305
320
316
429
320
787
731
177
242
83
39
8,011
4,240
673
608
299
372
455
912
15
609
262
36
3,771
284
297
286
446
305
850
789
162
230
85
40
1980
1981
1982
1980
1981
1982
1980
1981
1982
1980
1981
1982
Total personal income (lines 5-10)..
Nonfarm personal income1
Farm income (line 16)
16,852
16,415
437
18,804
18,372
432
19,840
19,325
515
45,650
44,502
1,148
51,477
49,962
1,515
54,431 22,822 25,765 27,231 35,212 39,377 41,420
53,100 22,664 25,494 26,949 34,784 38,785 40,850
570
592
272
282
428
1,331
158
Per capita personal income (dollars)
6,680
7,414
7,778
7,753
8,648
12,224
695
84
11,613
2,273
2,965
13,295
812
86
12,569
2,883
3,352
13,799
865
92
13,025
3,142
3,672
35,719
2,086
-60
33,573
5,805
6,272
9,945
947
1,332
256
1,076
10,897
1,061
1,337
265
1,072
11,284
1,151
1,364
319
1,045
437
11,787
9,353
58
40
18
260
432
12,863
10,200
62
42
20
346
515
13,284
10,499
75
45
29
343
Income by Place of Residence
9,044
7,298
8,128
8,502
7,662
8,516
Derivation of Total Personal Income
10
Earnings by place of work (lines 11-15 or 16-83)2
Less: Personal contributions for social insurance 3
Plus: Adjustment for residence
Equals: Net earnings by place of residence
Plus: Dividends, interest, and rent4.
Plus: Transfer payments
Earnings by Place of Work
Components of earnings:
Wage and salary disbursements
Other labor income
Proprietors' income5.
Farm
Nonfarm5
Earnings by Industry
Farm
Nonfarm
Private
Agricultural services, forestry, fisheries, and other6...
Agricultural services
Forestry, fisheries, and other 6
Mining
Coal mining
Oil and gas extraction
Metal mining
Nonmetallic minerals, except fuels
Construction
(D)
(L)
(L)
244
0
329
0
14
796
330
0
15
873
3,199
1,268
292
73
350
165
79
138
54
0
100
17
1,931
335
199
61
164
226
325
396
43
113
23
45
3,506
1,381
318
80
370
177
88
151
65
0
115
17
2,125
346
215
70
183
252
357
461
48
117
23
51
128
229
56
43
246
Wholesale trade
Retail trade
Finance, insurance, and real estate
Banking
Other finance, insurance, and real estate 8
Services
Hotels and other lodging places
Personal services
Private households
Business services
Auto repair, services, and garages
Miscellaneous repair services
Amusement and recreation services
Motion pictures
Health services
Legal services
Educational services
Social services
Museums, botanical, zoological gardens..
Membership organizations
Miscellaneous services
Manufacturing
Nondurable goods
Food and kindred products
Textile mill products
Apparel and other textile products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Tobacco manufactures
Rubber and miscellaneous plastics products
Leather and leather products
Durable goods
Lumber and wood products
Furniture and fixtures
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Transportation equipment excluding motor vehicle;
Motor vehicles and equipment
Stone, clay, and glass products
Instruments and related products
Miscellaneous manufacturing industries
Transportation and public utilities
Railroad transportation
Trucking and warehousing
Water transportation
Other transportation7.
Communication
Electric, gas, and sanitary services
Government and government enterprises
Federal, civilian
Federal, military
State and local
See footnotes at end of table.
(D)
(L)
92
1,909
94
1,952
3,492
1,407
332
82
354
180
94
155
76
0
119
16
2,085
319
209
68
174
227
348
512
50
106
22
50
11,924
7,144
661
3,057
793
467
288
784
14
614
411
56
4,779
454
991
171
475
934
937
54
220
296
169
77
13,143
7,870
710
3,219
864
523
323
908
14
732
517
62
5,273
470
1,094
201
469
1,080
1,024
71
276
331
188
972
135
243
61
46
267
221
1,020
124
248
53
50
289
256
2,473
191
883
23
221
629
526
2,742
191
960
24
247
709
610
2,965
177
964
25
285
800
714
1,125
112
285
42
55
316
315
1,257
117
285
47
82
358
368
1,358
108
286
46
85
389
444
1,951
286
740
22
300
501
102
2,141
298
787
37
341
561
118
2,206
277
781
29
376
608
135
2,569
369
531
90
498
719
363
2,891
378
569
95
559
862
429
3,168
352
574
93
629
987
532
717
1,220
535
168
367
768
1,296
574
190
782
1,338
614
211
403
2,171
3,353
1,523
417
1,106
2,380
3,612
1,635
470
1,164
2,596
3,809
1,771
530
1,241
879
1,583
723
180
543
979
1,739
810
206
604
993
1,819
876
231
646
1,960
2,584
1,291
360
931
2,101
2,761
1,364
400
964
2,149
2,961
1,512
450
1,062
1,982
3,295
1,663
442
1,220
2,201
3,580
1,759
487
1,271
2,394
3,780
1,939
542
1,397
1,683
66
99
111
159
69
50
21
7
579
136
65
74
1,804
69
102
118
175
72
54
23
1,945
73
103
128
194
74
60
25
5,267
174
296
233
691
192
140
100
24
1,666
274
458
176
2
302
538
5,669
192
308
252
771
189
137
110
25
1,854
285
500
177
2
331
537
2,072
123
123
139
229
81
56
47
8
606
141
102
70
1
138
209
2,319
142
132
148
276
89
66
55
9
693
153
111
72
1
144
228
2,551
160
137
160
327
91
72
66
9
775
166
118
72
1
160
4,246
211
231
148
554
141
81
103
24
1,577
258
282
94
2
234
4,730
247
243
157
624
146
89
114
24
1,918
258
227
96
2
249
5,186
278
251
170
697
155
83
149
26
2,141
268
236
95
2
278
359
5,910
266
265
197
1,335
170
102
114
22
1,741
361
219
168
6
353
592
6,608
309
281
210
1,480
182
106
124
24
2,000
375
237
179
7
383
711
7,375
344
302
227
1,695
195
117
129
27
2,268
398
254
188
8
435
789
6,915
1,004
1,379
4,533
7,474
1,068
1,596
4,811
3,692
698
845
2,150
4,147
754
1,024
2,369
4,485
808
1,159
2,518
4,750
1,580
223
2,947
5,078
1,719
243
3,116
5,148
1,632
268
3,248
9,961
3,720
2,338
3,904
11,257
4,039
2,896
4,322
12,397
4,390
3,357
4,651
(L)
(D)
(D)
107
142
113
143
120
152
4,757
157
282
219
589
180
124
90
24
1,470
269
401
164
1
288
500
2,435
559
330
1,546
2,663
607
386
1,670
2,785
589
428
1,768
6,243
920
1,152
4,171
(D)
(D)
656
135
70
68
728
143
71
67
SURVEY OF CURRENT BUSINESS
August 1983
59
Sources, 1980-82—Continued
of Dollars]
West Virginia
1980
Southwest
Arizona
Oklahoma
N e w Mexico
Rocky Mountain
Texas
1980
1981
1982
1980
1981
1982
1980
1981
1982
1980
1981
1982
10,298
9,999
300
11,605
11,434
171
12,492
12,303
189
27,907
27,296
611
32,919
32,334
585
36,119
35,414
705
136,597
135,127
1,470
161,284
158,884
2,400
174,493
173,122
1,371
59,873
58,287
1,586
68,595
66,941
1,653
73,837
72,573
1,264
1
2
3
9,871 10,173
7,891
8,707
9,190
9,187
10,606
11,370
9,538
10,954
11,419
9,092
10,184
10,754
4
10,978 11,519 11,840 150,214 173,360 186,009 17,357 19,226 19,900
624
705
8,203 10,183 11,169 1,057 1,265 1,334
740
-109
-92
-116
-72
-38
-13
-2
-126
-14
10,245 10,699 10,974 141,940 163,139 174,748 16,287 17,960 18,552
1,755 2,214 2,465 33,818 43,866 48,223 4,331 5,513 5,941
2,950 3,312 3,639 23,163 26,354 29,234 3,500 4,078 4,607
7,685
433
-46
7,206
1,536
1,556
8,489
521
-54
7,915
1,923
1,767
9,073
564
-53
8,455
2,106
1,931
20,210
1,120
190
19,280
4,887
3,739
23,344
1,399
211
22,156
6,541
4,223
25,540
1,554
215
24,201
7,206
4,712
104,962
5,592
-203
99,166
23,064
14,367
122,300 131,496
6,999
7,717
-194
-239
115,108 123,540
29,889
32,970
16,287. 17,983
45,575
2,590
43
43,027
9,795
7,051
51,025
3,090
48
47,983
12,517
8,095
54,416
3,371
49
51,095
13,662
9,080
5
6
7
8
9
10
9,924 10,166 126,360 147,134 159,495 14,842 16,709 17,398
1,078 1,191 11,862 14,081 15,774 1,306 1,496 1,631
517
483 11,992 12,145 10,741 1,209 1,022
871
1,477
-11
1,870
2,639
275
266
-31
135
9,264
528
9,505
934
755
514 10,122
736
6,513
550
621
208
414
7,343
642
505
81
424
7,852
724
498
83
415
16,405
1,593
2,212
494
1,718
19,272
1,920
2,152
470
1,682
21,188
2,144
2,208
569
1,639
88,599
8,413
7,949
893
7,057
103,811
10,023
8,466
1,822
6,644
113,056
11,275
7,164
689
6,475
38,425
3,108
4,042
985
3,057
43,491
3,641
3,892
1,060
2,833
46,903
4,170
3,343
576
2,767
11
12
13
14
15
25
11
-5 2,836
2,610
3,618
456
462
345
10,953 11,508 11,845 147,378 169,742 183,399 16,901 18,764 19,555
9,314 9,718 9,962 123,352 142,661 153,132 13,711 15,191 15,610
17
795
18
683
752
122
136
20
137
15
736
17
616
694
120
135
19
135
1
59
1
67
58
2
2
1
1
1,805 1,890 2,144 10,182 14,023 15,052
553
737
558
(D)
(D)
(D)
1,652 1,699 1,938
227
173
206
(D)
(D)
(D)
128
168
8,935 12,512 13,796
185
0
707
496
676
0
794
985
490
0
26
322
12
13
22
281
319
12
21
730
626
549 12,239 13,085 13,710 1,599 1,578 1,465
300
7,385
5,356
26
24
1
759
171
8,319
6,040
29
28
1
893
189
8,884
6,413
31
29
1
807
(D)
(D)
(D)
(D)
(D)
(D)
611
19,600
16,118
63
60
3
2,058
48
1,979
277
73
575
270
84
635
181
81
665
32
1,286
585
22,759
18,823
69
66
3
3,029
56
2,940
1
32
1,278
705
24,835
20,333
74
71
3
3,397
53
3,304
2
37
1,376
1,470
103,492
88,167
472
412
61
6,812
21
6,605
21
164
8,780
2,400
119,900
102,608
518
466
52
9,364
36
9,100
38
190
9,593
1,371
130,125
110,776
553
500
53
10,289
42
10,023
34
191
10,205
1,586
43,989
35,398
172
160
12
2,916
522
1,368
787
239
3,610
1,653
49,372
39,835
193
179
14
3,699
595
1,952
891
261
3,820
1,264
53,152
42,711
213
199
15
3,799
666
2,112
757
265
3,884
16
17
18
19
20
21
22
23
24
25
26
27
25,099
9,761
1,818
88
786
529
1,137
2,650
1,974
2
647
131
15,338
584
239
1,459
2,226
4,751
2,181
1,899
366
944
489
201
25,439
10,308
1,921
84
728
548
1,271
2,860
2,116
2
651
126
15,132
620
248
1,242
2,155
4,576
2,357
1,867
328
982
548
211
6,974
2,271
933
8
97
115
429
290
162
0
176
62
4,703
639
70
610
429
869
443
494
66
403
578
101
7,880
2,523
1,039
6
102
126
491
332
190
0
182
56
5,356
8,292
2,776
1,164
8
101
130
564
378
197
(D)
(D)
(D)
(D)
684
472
1,056
533
621
74
427
641
106
575
439
1,243
606
677
77
416
716
111
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
1981
1982
1980
1981
1982
1980
1981
1982
14,950 16,225 17,078 198,920 233,359 252,206 24,118 27,550 29,100
14,925 16,214 17,083 196,084 229,741 249,596 23,663 27,088 28,755
25
2,610
11
3,618
456
462
-5 2,836
345
7,665
9,399
997
582
5
578
8,336
2,580 2,665
976 1,028
99
88
8
11
41
44
21
24
62
64
653
705
29
28
4
4
36
34
23
26
1,604 1,637
76
67
12
13
747
783
155
170
146
150
83
86
71
65
15
8
277
271
13
16
10
10
8,769
9,298
10,631
11,122
8,832
(L)
2,482 28,857
1,085 10,534
2,156
95
106
8
921
44
569
23
1,364
68
2,496
757
1,985
30
1
4
829
31
106
24
1,397 18,324
711
60
279
11
1,616
617
2,587
150
4,875
155
3,060
82
2,494
51
641
6
1,222
236
586
18
253
10
33,598
11,917
2,337
120
966
645
1,557
2,824
2,346
2
974
146
21,681
777
304
1,931
2,966
6,462
3,279
2,808
710
1,364
791
288
34,001
12,555
2,458
115
901
669
1,736
3,044
2,515
2
975
140
21,446
801
316
1,634
2,869
6,299
3,575
2,808
576
1,401
866
301
3,133 3,563
557
605
174
175
1
3
52
52
38
44
174
193
60
75
10
7
0
0
43
51
6
5
2,576 2,958
97
97
28
30
247
284
139
155
545
655
662
781
483
548
32
31
139
139
173
200
31
37
3,658
625
174
4
55
37
211
78
7
0
55
5
3,034
92
30
230
156
705
857
570
29
124
201
40
554
195
66
10
26
1
42
11
33
0
2
5
359
38
3
30
28
54
56
63
19
41
10
17
607
205
60
13
26
1
46
13
38
0
2
5
401
40
3
36
31
60
61
67
21
45
17
18
655
215
61
12
23
2
52
15
43
0
2
5
440
37
4
34
26
66
86
76
25
47
23
18
3,736
1,207
274
16
102
61
162
75
273
0
241
5
2,529
50
29
126
465
788
241
253
286
211
50
29
4,329
1,346
285
15
102
71
181
86
326
4,248
1,408
301
15
95
82
203
90
349
274
5
2,983
55
32
152
554
996
256
294
291
237
85
32
267
5
2,841
53
33
127
533
952
276
295
194
249
95
33
21,435
8,574
1,642
79
742
469
987
2,351
1,669
1
543
91
12,860
526
219
1,213
1,954
3,489
2,101
1,696
304
830
353
176
1,857
102
532
4
397
466
356
2,011
95
520
4
425
544
423
8,616
834
1,942
506
1,624
2,035
1,675
9,899
879
2,221
590
1,817
2,418
1,974
10,709
824
2,217
573
1,935
2,830
2,331
4,111
706
921
4
649
1,088
744
4,698
727
1,018
4
760
1,311
878
5,011
694
1,040
5
804
1,447
1,020
52
53
54
55
56
57
58
(L)
(L)
(L)
180
54
5,516
993
237
202
25
31
212
287
1,060
245
201
27
31
233
323
1,097
230
195
26
32
250
363
12,143
1,119
2,769
509
2,258
2,952
2,536
13,900
1,167
3,132
596
2,505
3,519
2,982
14,922
1,094
3,119
579
2,667
4,097
3,367
1,211
92
217
2
204
360
337
1,392
98
235
2
231
439
388
1,384
92
236,
2
237
507
310
649
83
124
0
54
168
219
752
88
144
0
60
196
264
818
83
146
69
216
304
1,667
111
486
2
376
389
304
551
939
341
128
213
619
1,001
362
140
222
627
1,016
389
154
235
11,500
15,659
8,083
2,034
6,049
13,200
17,581
9,036
2,431
6,605
14,184
19,229
10,467
2,914
7,554
938
1,969
1,033
281
752
1,055
2,158
1,107
335
772
1,098
2,288
1,220
381
839
366
790
313
93
219
419
858
340
106
234
450
929
373
122
251
1,369
2,010
963
304
659
1,624
2,246
1,082
357
725
1,756
2,509
1,240
427
813
8,828
10,889
5,775
1,355
4,420
10,102
12,318
6,507
1,633
4,874
10,880
13,502
7,634
1,983
5,651
2,999
4,695
2,438
636
1,802
3,409
5,106
2,654
729
1,925
3,670
5,460
3,012
844
2,168
59
60
61
62
63
1,357
65
74
40
103
36
50
32
5
600
91
33
38
1
103
85
1,477
71
75
43
105
36
51
32
5
700
86
37
43
1
109
81
1,638
77
77
46
112
39
55
36
5
812
90
39
43
1
122
82
24,006
941
1,208
619
4,341
944
641
466
138
7,353
1,705
712
656
21
1,252
3,011
27,488
1,118
1,310
659
5,244
1,036
736
533
148
8,532
1,817
798
688
24
1,365
3,479
30,772
1,241
1,392
712
5,866
1,137
749
624
152
9,800
2,063
873
759
28
1,539
3,837
3,154
211
147
52
485
126
64
65
16
1,014
224
81
108
5
249
307
3,464
235
153
55
547
129
68
75
16
1,142
233
92
112
5
270
332
3,801
248
158
59
607
135
67
87
16
1,318
268
96
115
6
287
335
1,325
76
49
24
353
45
29
27
8
348
81
34
39
1,507
85
52
26
411
50
34
30
8
409
91
37
42
(t)
(L)
84
127
89
144
1,685
94
55
28
463
53
34
36
8
473
102
38
45
1
100
157
2,967
84
158
75
414
140
79
50
13
982
239
99
112
2
177
342
3,309
95
170
80
464
145
86
59
14
1,138
253
112
108
3
187
395
3,722
108
184
86
531
164
85
67
15
1,309
292
120
111
3
211
437
16,560
569
854
468
3,089
633
468
324
101
5,009
1,161
497
397
13
742
2,236
19,208
704
935
499
3,823
713
548
370
110
5,843
1,240
557
426
16
819
2,607
21,564
792
996
539
4,265
786
563
434
112
6,700
1,401
620
488
19
941
2,909
7,482
410
317
86
1,180
282
197
205
51
2,222
496
271
209
5
492
1,059
8,376
465
334
91
1,364
295
213
232
54
2,549
530
298
228
5
524
1,193
9,370
527
356
99
1,574
318
220
275
54
2,905
609
319
229
6
595
1,287
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
1,639
317
28
1,293
1,790
342
29
1,419
1,883
347
32
1,504
24,026
5,670
2,999
15,357
27,080
6,194
3,435
17,452
30,267
6,532
3,923
19,812
3,191
751
355
2,085
3,574
829
405
2,341
3,945
834
464
2,648
2,029
569
240
1,220
2,279
625
273
1,381
2,471
636
315
1,520
3,481
953
427
2,102
3,936
1,029
503
2,404
4,502
1,107
594
2,800
15,325
3,397
1,977
9,950
17,292
3,712
2,254
11,327
19,349
3,955
2,550
12,843
8,590
2,385
856
5,349
9,537
2,601
991
5,945
10,441
2,719
1,173
6,549
80
81
82
83
(L)
60
SURVEY OF CURRENT BUSINESS
August 1983
Table 3.—Personal Income by Major
[Millions
Idaho
Colorado
Line
Montana
Wyoming
Utah
Item
1980
1981
1982
1980
1981
1982
1980
1981
1982
1980
1981
1982
1980
Total personal income (lines 5-10)..
Nonfarm personal income1
Farm income (line 16)
29,153
28,626
527
33,286
602
37,453
36,992
461
7,619
7,056
563
8,505
7,941
564
8,716
8,258
458
6,591
6,342
249
7,357
7,077
280
7,673
7,456
217
11,270
11,158
112
12,854
12,726
127
13,788
13,687
101
5,240
5,106
134
Per capita personal income (dollars)..
10,042
11,389
12,302
8,044
8,875
9,029
8,361
9,252
9,580
7,656
8,478
22,393
1,177
-7
21,209
4,721
3,223
25,499
1,418
-9
24,072
6,117
3,699
28,248
1,603
-12
26,633
6,721
4,099
5,563
314
49
5,298
1,289
1,033
6,016
366
57
5,707
1,617
1,181
5,947
378
59
5,628
1,741
1,348
4,670
309
-14
4,348
1,272
972
5,063
359
-14
4,690
1,564
1,103
5,152
381
-14
4,757
1,680
1,236
8,804
567
11
8,248
1,644
1,379
9,796
674
14
9,136
2,122
1,595
10,366
727
15
9,654
2,329
1,805
4,145
223
4
3,925
869
446
4,650
272
4,378
1,096
517
4,704
282
1
4,423
1,192
592
19,126
1,520
1,746
355
1,392
22,012
1,809
1,679
435
1,243
24,627
2,138
1,482
268
1,214
4,426
376
761
405
356
4,812
428
777
398
379
4,855
457
635
264
370
3,848
306
515
98
417
4,196
346
521
136
385
4,340
384
429
52
377
7,540
647
617
65
551
8,455
754
587
81
506
8,972
855
539
46
493
3,484
259
403
62
341
4,017
304
329
10
319
4,109
337
258
-54
312
527
21,865
17,733
81
79
2
1,085
160
628
279
19
1,682
602
24,897
20,282
91
89
2
1,448
176
915
335
22
1,828
461
27,786
22,671
104
102
2
1,657
197
1,127
306
26
1,925
563
5,000
4,025
40
36
4
106
564
5,452
4,393
46
40
6
141
458
5,489
4,372
49
44
5
109
249
4,421
3,467
19
16
3
234
46
125
47
17
363
280
4,784
3,750
22
18
4
323
51
192
61
18
349
217
4,935
3,825
24
19
4
290
52
164
55
20
366
112
8,692
6,852
18
18
1
479
128
120
210
20
672
127
9,669
7,629
20
20
1
609
148
171
265
24
101
10,265
8,043
22
21
1
605
187
164
229
26
661
134
4,011
3,321
13
11
3
1,013
188
492
180
152
486
4,570
3,781
15
12
3
1,179
221
667
129
163
27
4,677
3,800
15
13
2
1,138
230
653
88
167
520
485
173
68
506
192
72
463
198
71
1,590
400
130
1
53
11
83
62
33
0
25
1
1,190
50
23
250
119
232
123
198
24
80
59
31
1,812
442
146
1
56
13
90
69
40
0
26
2
1,370
51
26
299
141
279
146
225
24
81
63
34
1,850
457
156
1
55
13
96
70
40
198
119
20
223
130
21
220
131
22
(L)
(L)
128
246
2
97
218
966
123
242
3
116
252
230
1981
1982
Income by Place of Residence
5,991
5,911
80
6,207
6,180
27
8,875 11,042 12,217 12,372
Derivation of Total Personal Income
Earnings by place of work (lines 11-15 or 16-83)2
Less: Personal contributions for social insurance 3
Plus: Adjustment for residence
Equals: Net earnings by place of residence
Plus: Dividends, interest, and rent 4 .
Plus: Transfer payments
(L)
Earnings by Place of Work
Components of earnings:
Wage and salary disbursements..
Other labor income
Proprietors' income5.
Farm
Nonfarm5
Earnings by Industry
16
17
18
19
20
21
22
23
24
25
26
27
Farm
Nonfarm
Private
Agricultural services, forestry, fisheries, and other6...
Agricultural services
Forestry, fisheries, and other 6
Mining
Coal mining
Oil and gas extraction
Metal mining
Nonmetallic minerals, except fuels
Construction
(L)
(L)
(L)
3
71
31
407
6
101
34
446
5
78
25
410
407
253
3
2
40
39
59
1,064
445
280
1
2
44
43
63
1,017
481
303
1
2
49
46
65
(L)
(L)
(L)
0
11
1
578
329
5
39
40
104
26
3
2
24
1
4
0
11
1
619
340
0
13
1
536
285
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
Manufacturing
Nondurable goods
Food and kindred products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Tobacco manufactures
Rubber and miscellaneous plastics products
Leather and leather products
Durable goods
Lumber and wood products
Furniture and fixtures
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Transportation equipment excluding motor vehicles....
Motor vehicles and equipment
Stone, clay, and glass products
Instruments and related products
Miscellaneous manufacturing industries
3,717
1,171
462
5
36
40
257
146
30
0
137
59
2,545
65
41
242
247
507
289
291
39
252
514
60
4,274
1,315
521
5
38
42
303
177
35
0
141
52
2,960
69
44
272
262
623
350
389
43
272
574
62
4,743
1,510
612
6
38
43
363
218
40
0
140
51
3,233
71
47
280
235
766
399
414
47
267
640
67
52
53
54
55
56
57
58
Transportation and public utilities
Railroad transportation
Trucking and warehousing
Water transportation
Other transportation 7 .
Communication
Electric, gas, and sanitary services
1,919
193
360
2,254
207
395
2,432
199
429
(D)
(D)
(D)
(D)
592
304
736
361
817
411
115
81
127
95
133
104
59
60
61
62
63
Wholesale trade
Retail trade
Finance, insurance, and real estate
Banking
Other finance, insurance, and real estate 8
1,516
2,352
1,408
299
1,108
1,730
2,588
1,556
352
1,205
1,967
2,851
1,823
419
1,404
350
572
252
88
164
379
607
264
98
167
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
Services
Hotels and other lodging places
Personal services
Private households
Business services
Auto repair, services, and garages
Miscellaneous repair services
Amusement and recreation services
Motion pictures
Health services
Legal services
Educational services
Social services
Museums, botanical, zoological gardens
Membership organizations
Miscellaneous services
3,973
209
166
44
662
141
90
134
23
1,129
281
123
98
2
223
647
4,512
239
176
47
787
146
95
155
24
1,298
303
136
108
3
238
758
5,170
278
191
50
941
160
100
188
25
1,495
355
147
117
3
270
849
881
41
38
970
47
41
13
227
32
21
15
5
283
52
27
30
(D)
(L)
(L)
57
110
60
119
4,132
1,059
516
2,557
4,615
1,152
616
2,847
5,116
1,216
767
3,133
974
238
96
641
1,059
254
103
702
80
81
82
83
Government and government enterprises....
Federal, civilian
Federal, military
State and local
L
(D)
(D)
(D)
(L)
3
23
30
13
35
0
1
26
32
13
43
0
2
5
25
35
15
45
0
2
(L)
(L)
(L)
315
265
38
131
35
4
2
19
2
4
312
177
2
77
13
7
5
1
1
24
2
5
14
9
5
1
3
24
2
5
4
1
3
25
2
6
484
85
129
541
181
107
592
177
122
619
167
124
(D)
(D)
43
118
31
4
3
24
2
4
432
90
120
209
30
20
14
4
245
48
24
29
(L)
(L)
24
2
1,393
47
27
236
143
311
166
256
24
78
71
34
(L)
20
10
65
0
2
(L)
78
19
(L)
1
10
20
2
(L)
22
10
72
0
2
1
93
21
(L)
2
12
26
(L)
2
(L)
26
1
1
1
(L)
23
11
72
0
2
(L)
89
17
(L)
2
11
26
1
2
(L)
497
126
123
27
1
1
510
120
116
32
84
95
97
115
39
99
135
23
1
1
427
117
99
(L)
(L)
(L)
38
117
43
133
118
44
146
139
792
125
234
2
85
181
164
381
610
276
106
170
322
532
220
79
142
353
565
230
87
143
355
590
250
95
155
619
859
426
119
307
692
930
458
132
326
712
981
507
158
349
192
380
132
51
81
254
415
145
60
85
255
427
157
67
90
1,037
48
44
14
246
35
21
17
5
312
56
28
25
750
52
34
12
56
30
19
11
5
280
47
19
810
57
34
13
67
31
21
12
5
317
47
18
40
1,398
56
58
72
113
66
82
67
81
56
35
14
68
32
20
15
5
364
51
19
36
1
69
83
116
142
1,569
65
59
12
210
63
49
41
17
532
99
110
32
1
126
155
1,740
75
62
12
236
67
52
45
16
601
114
117
32
1
146
163
480
52
23
7
74
21
24
9
3
106
30
7
15
1
30
79
514
58
24
7
74
23
28
9
3
118
30
7
17
1
33
81
557
69
25
8
84
24
27
10
3
132
33
8
19
1
38
78
1,117
262
105
749
954
258
75
621
1,034
278
81
675
1,110
282
88
740
1,839
686
113
1,040
2,039
763
128
1,148
2,222
804
142
1,275
690
144
57
490
789
152
64
573
877
155
70
651
(D)
(D)
(L)
(D)
179
60
43
37
15
462
90
99
28
(D)
(L)
(L)
ings (labor and proprietors' income) by type and industry. However, they are not included in perLess than $500,000.
sonal income and are therefore subtracted from earnings in computation of personal income.
Not shown to avoid disclosure of confidential infomation; data are included in totals.
4. Includes the capital consumption adjustment for rental income of persons.
1. Total personal income less farm earnings (labor and proprietors' income) equals nonfarm
5. Includes the capital
consumption
adjustment for nonfarm proprietors.
personal income.
.
_
2. Earnings (labor and proprietors' income) consists of wage and salary disbursements plus
6. Includes fishing, hunting and trapping, and wages and salaries of U.S. residents working for
other labor income plus proprietors' income.
international organizations.
3. Personal contributions for social insurance are implicitly included in the estimates of earnD
61
SURVEY OF CURRENT BUSINESS
August 1983
Sources, 1980-82—Continued
of Dollars]
Far West 10
1980
1981
California
1982
1980
1981
Mevada
1982
10,920
12,064
1981
1982
6,193
6,187
5
7,118
7,114
4
9,900
9,607
293
10,836
10,601
235
11,579
11,326
252
1
2
3
12,916
14,904
16,257
10,222
11,068
11,652
4
1982
1980
1981
1982
1980
9,997 10,552
9,946 10,501
51
52
24,677
24,018
659
26,671
26,021
650
27,373
26,847
526
42,300
41,447
853
47,110
46,065
1,046
49,074
47,937
1,137
5,202
5,197
4
12,567 10,761 11,816 11,981
9,356
10,017
10,335
10,198
11,163
11,560
1981
8,683
8,610
73
1982
Line
1980
1981
1980
Hawaii
1982
1981
1980
335,238 75,879 97,703 259,578 292,100 310,704
327,606 68,030 90,599 253,530 285,997 305,314
7,632 7,849 7,104
6,047
6,103
5,390
10,689 11,768 12,238
Alaska11
W ashingtoii
Oregon
248,542
13,697
23
234,868
56,541
43,829
70,955
16,544
66
54,477
70,977
50,425
82,882 191,929 210,454 221,716
17,745 10,462 12,827 13,900
79
37
63
46
65,216 181,503 197,690 207,862
76,365 44,462 55,776 59,985
56,122 33,612 38,634 42,857
6,738
306
-211
6,222
1,437
1,024
7,520
369
-234
6,917
1,869
1,211
7,790
387
-234
7,169
2,020
1,364
18,554
1,099
-394
17,062
4,084
3,531
19,090
1,227
-404
17,459
5,134
4,078
18,955
1,262
-396
17,297
5,513
4,562
31,321
1,830
590
30,082
6,557
5,661
33,890
2,120
641
32,411
8,198
6,501
34,421
2,197
663
32,888
8,846
7,340
4,816
268
-323
4,226
554
421
5,706
332
-386
4,987
704
502
6,286
362
-431
5,493
788
837
7,589
453
0
7,136
1,559
1,205
8,007
510
0
7,497
1,947
1,392
8,536
546
0
7,989
2,070
1,520
5
6
7
8
9
10
210,904
18,417
19,220
4,303
14,917
32,438
20,683
17,834
4,368
13,466
43,658 162,944 180,625 191,280
22,717 14,633 16,521 18,242
16,507 14,352 13,308 12,195
3,396
3,328
3,213
2,371
13,111 11,024 10,095
9,824
6,123
352
264
46
218
6,910
414
196
24
172
7,134
469
187
20
168
15,171
1,380
2,004
454
1,549
15,873
1,441
1,777
440
1,336
15,844
1,521
1,589
285
1,304
26,667
2,053
2,601
476
2,126
29,030
2,307
2,553
691
1,862
29,400
2,485
2,536
720
1,815
4,330
288
198
1
197
5,135
361
210
2
207
5,671
412
203
1
202
6,634
463
492
79
413
7,120
532
356
32
324
7,609
593
334
19
315
11
12
13
14
15
7,632 7,849 7,104
6,047
6,103
5,390
240,909 263,106 275,778 185,881 204,352 216,327
197,643 216,049 225,411 152,586 168,285 177,731
1,887 2,028 2,069
1,423
1,564
1,612
1,503 1,667 1,718
1,290
1,437
1,496
384
361
351
133
126
116
1,485 1,903 2,022
1,246
1,595
1,732
(D)
(D)
(D)
31
36
43
1,023 1,356 1,521
1,326
1,493
995
(D)
(D)
(D)
115
191
167
317
320
291
207
204
182
15,485 16,078 14,799 11,126 11,803 11,163
73
6,665
5,591
21
17
4
114
0
(D)
51
7,469
6,251
21
18
4
177
0
(D)
52
7,738
6,390
21
17
4
164
0
659
17,895
14,928
136
68
68
47
650
18,440
15,198
137
72
66
49
526
18,429
15,014
138
73
65
44
853
30,468
24,537
307
128
179
78
1,046
32,845
26,314
306
141
165
82
1,137
33,284
26,276
297
132
165
83
4
4,812
3,198
(D)
5
5,700
3,888
43
5
38
454
4
6,281
4,317
43
5
38
498
293
7,296
4,937
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
313
(D)
52
699
50
578
4
30
1,075
2
26
884
15
37
2,413
18
35
2,501
14
34
2,174
(D)
39
654
3
33
1,293
425
18
4
494
(D)
463
22
(D)
252
8,283
5,415
34
26
8
2
0
(D)
(D)
(D)
(D)
(D)
(D)
235
7,772
5,221
38
28
10
2
0
(D)
(D)
(D)
(D)
664
835
558
555
488
16
17
18
19
20
21
22
23
24
25
26
27
42,598 47,174 49,601
12,022 13,246 13,953
3,682
3,994
4,209
221
222
212
1,182
1,294
1,278
878
953
975
2,291
2,545
2,712
1,449
1,633
1,742
1,084
1,278
1,510
(L)
(L)
2
1,102
1,175
1,174
131
153
141
30,576 33,928 35,648
1,184
1,158
980
826
896
856
1,470
1,544
1,395
3,246
3,627
3,406
5,223
5,875
6,284
7,297
8,326
9,409
6,647
7,192
7,806
850
964
865
1,254
1,328
1,249
1,989
2,314
2,563
589
702
834
359
109
28
1
2
414
121
29
415
129
32
(D)
360
252
154
(D)
345
242
148
(D)
431
338
205
(D)
0
45
0
44
75
507
311
298
82
0
70
(L)
0
15
70
508
297
265
87
0
67
41
22
15
12
0
1
1
40
27
16
13
0
1
1
35
28
18
11
0
1
4C3
306
188
2
27
4
54
8
21
0
2
429
333
204
(D)
0
14
27
5
58
10
23
0
2
27
5
62
11
22
0
2
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(L)
(D)
(D)
250
12
4
45
29
30
45
2
2
42
11
29
293
13
5
56
33
36
46
14
2
39
13
36
286
11
4
47
30
34
52
17
2
34
15
40
3,517
1,535
39
310
266
403
179
158
116
105
375
31
3,509
1,469
40
315
256
444
200
159
112
96
379
38
3,333
1,336
39
267
239
440
223
155
97
86
410
41
7,387
1,803
592
13
73
483
272
223
80
0
63
5
5,584
1,057
53
493
278
344
207
2,743
60
157
124
69
359
235
144
(D)
171
49
16
0
41
4,478
1,145
459
28
36
310
196
52
8,067
2,031
669
2
1
53
22
(D)
4,623
1,114
438
28
36
308
188
52
7,980
1,956
642
2
1
51
21
(D)
4,556
1,040
409
28
37
6,024
1,051
55
532
302
377
222
3,032
67
161
153
71
6,036
966
51
479
257
438
237
3,130
59
151
198
69
124
85
(L)
108
77
(L)
103
72
(L)
1
6
19
(L)
1
8
3
(D)
1
8
4
(D)
96
7
7
7
13
3
1
96
6
7
4
16
4
(D)
93
6
7
3
17
4
(D)
17,982 19,922 20,989
1,338 1,366 1,284
3,746 3,937 3,966
826
911
939
4,036 4,309 4,426
5,678 6,673 7,309
2,359 2,726 3,064
13,699
841
2,722
513
3,311
4,485
1,827
15,300
867
2,897
573
3,539
5,316
2,108
16,190
812
2,940
595
3,615
5,841
2,388
546
47
77
1
153
167
101
617
51
82
1
164
196
123
654
48
84
2
171
208
141
1,469
189
449
75
136
380
241
1,560
190
450
86
138
423
274
1,590
180
444
83
141
453
290
2,267
261
498
236
436
646
190
2,445
259
508
250
468
739
221
16,355
25,053
15,351
3,906
11,446
18,404
28,022
17,745
5,042
12,703
12,594
19,120
12,291
3,142
9,149
13,853
20,693
13,258
3,669
9,589
14,386
21,715
14,426
4,115
10,311
252
744
312
72
240
288
822
332
83
249
298
821
349
92
258
1,383
2,045
1,051
244
807
1,446
2,109
1,066
271
796
1,419
2,084
1,084
280
804
2,126
3,144
1,698
448
1,249
49,143 54,621 58,801
2,357 2,637 2,741
1,811 1,907 1,980
771
821
888
9,390 10,625 11,368
1,747 1,854 1,928
1,188 1,264 1,286
2,039 2,253 2,464
1,993 2,245 2,341
14,103 16,060 17,887
3,066 3,328 3,692
1,839 1,981 2,161
1,234 1,438 1,513
40
47
54
2,418 2,580 2,702
5,149 5,581 5,795
38,489
1,181
1,370
648
7,793
1,376
957
1,189
1,943
11,062
2,492
1,583
971
33
1,820
4,072
43,045
1,358
1,453
691
8,877
1,476
1,035
1,333
2,193
12,615
2,727
1,705
1,152
39
1,944
4,446
46,906
1,438
1,522
746
9,712
1,553
1,062
1,476
2,292
14,235
3,050
1,867
1,204
46
2,026
4,677
2,589
888
65
10
285
46
20
668
9
293
70
9
21
2,881
970
69
11
347
50
23
720
9
342
75
10
25
3,089
990
72
12
388
52
23
770
6
399
89
9
28
(D
(L)
(L)
62
142
67
163
74
176
2,947
123
140
42
360
125
78
59
14
1,090
196
101
100
4
186
330
3,133
126
140
45
381
124
75
65
13
1,218
199
109
106
4
201
327
3,293
126
140
48
388
121
75
70
13
1,329
215
115
114
5
217
317
43,267 47,057 50,367
8,895 9,714 10,258
4,726 5,587 6,540
29,646 31,756 33,570
33,295
6,688
3,821
22,786
36,067
7,360
4,507
24,200
38,596
7,717
5,194
25,685
1,074
207
146
722
1,218
215
170
833
1,349
229
198
921
2,967
610
68
2,288
3,242
665
62
2,515
3,415
728
76
2,611
54,901
14,974
4,711
262
1,294
1,645
2,780
1,740
1,183
2
1,217
140
39,926
3,787
922
2,317
3,818
6,000
7,729
9,550
1,028
1,558
2,499
718
60,191 62,560
16,437 17,258
5,104 5,368
264
255
1,402 1,391
1,770 1,792
3,080 3,272
1,972 2,115
1,382 1,610
(L)
(U
1,299 1,303
151
162
43,754 45,303
3,691 3,293
950
996
2,448 2,188
4,218 3,933
6,733 7,196
8,794 9,922
10,397 11,108
1,145 1,024
1,624 1,519
2,860 3,186
984
847
17,881
26,980
16,445
4,527
11,918
(D)
46
20
2
0
11
(D)
(D)
(D)
(D)
7. Includes local and suburban and highway passengers, air transportation, and transportation
services.
8. Includes credit agencies excluding banks and credit unions, security and commodity brokers,
dealers, exchanges and services, insurance carriers, agents, brokers and services, real estate, holding and investment companies and combinations of the above.
9. Adjustments for border workers: income of U.S. residents working across U.S. borders less
(D)
(D)
(D)
34
(D)
(D)
10
(D)
0
(D
0
0
0
158
160
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
2,551
713
912
925
2,868
792
1,056
1,021
80
81
82
83
(D)
(D)
4
(D)
(D)
(D)
(»)
(D
12
(L)
8
14
11
39
38
35
(D)
(D)
(D)
(D)
(D)
(D)
2
2
3
9
9
8
2,555
244
499
260
499
808
245
596
4
82
42
229
184
54
705
1
106
754
1
112
(D)
(D)
285
202
(D)
301
216
(D)
697
0
56
48
343
182
68
753
0
58
59
365
197
74
794
0
60
66
364
222
83
2,294
3,356
1,788
504
1,284
2,302
3,401
1,886
556
1,330
159
395
167
58
109
197
477
180
67
113
222
526
202
75
126
327
862
506
97
409
345
921
528
113
415
5,117
165
236
71
952
200
133
123
27
1,657
308
145
142
3
350
605
5,563
183
245
75
1,019
204
131
135
31
1,886
328
157
155
3
368
644
5,513
186
247
81
880
202
126
149
30
1,925
337
169
167
3
385
625
661
46
(D)
806
56
(D)
892
62
(D)
1,548
309
(D)
1,651
336
(D)
368
966
551
124
426
1,781
371
(D)
4
115
19
16
6
3
155
56
5
153
24
20
8
3
181
65
12
66
5
184
24
22
9
4
195
72
12
68
19
181
65
28
48
11
386
99
57
94
(L)
(D)
(L)
(D)
22
187
73
26
53
14
480
112
78
43
9
(D)
131
148
37
2
79
154
20
190
69
27
50
12
426
100
74
40
3
(D)
5,931
1,390
690
3,851
6,530
1,474
848
4,208
7,008
1,584
1,071
4,353
1,614
398
322
893
1,812
427
350
1,035
1,965
445
418
1,102
2,359
662
818
878
(D)
58
(D
3
(D)
11
income of foreign residents working in the U.S.
10. Far West Region totals do not include Alaska and Hawaii.
n . The 1982 estimates for Alaska are unusually high due to a very large disbursement of State
il
revenues to the State's residents. This 'permanent fund dividend' payment adds $331 million
o
to Alaska transfer payments and total personal income. The Alaska per capita income for 1982 is
increased $756 by this payment.
By JOHN C. MUSGRAVE
Fixed Reproducible Tangible Wealth in the United States, 1979-82
• Fixed Nonresidential Private and Residential Capital
• Government-Owned Fixed Capital
• Durable Goods Owned by Consumers
and residential capital, April 1976; government-owned fixed capital,
March 1980; and durable goods owned by consumers, March 1979.
More detailed wealth estimates for 1925-79, together with the investment series used to derive them and a detailed statement of methodology, appear in the U.S. Department of Commerce, Bureau of Economic
Analysis, Fixed Reproducible Tangible Wealth in the United States,
1925-79 (Washington, D.C.: U.S. GPO, March 1982). This publication is
available from the Superintendent of Documents, U.S. GPO, Washington,
D.C. 20402 (Stock number 003-010-00102-0, price $13.00).
The detailed wealth estimates through 1982 and the investment series
used to derive them also are available on a computer tape. To order this
tape, write to the National Income and Wealth Division (BE-54), Bureau
of Economic Analysis, U.S. Department of Commerce, Washington, D.C.
20230. Please specify BEA Capital Stock Data Tape (accession number
BEA-NIW-80-002) and include remittance for $120.00 payable to the
Bureau of Economic Analysis.
Estimates of fixed reproducible tangible wealth in the United States
for 1979-82 are shown in tables 1-19. They incorporate the revised national income and product account estimates for 1980-82 that appeared
in the July 1983 SURVEY OF CURRENT BUSINESS. Fixed nonresidential pri-
vate and residential capital is shown in tables 1-8; government-owned
fixed capital, in tables 9-15; and durable goods owned by consumers, in
tables 16-19.
Earlier estimates for the wealth series are unrevised and appeared in
the following issues of the SURVEY: fixed nonresidential private and residential capital for 1925-76, February 1981, and for 1977-78, October
1982; government-owned fixed capital for 1925-58, March 1980, for 195972, February 1981, and for 1973-78, October 1982; and durable goods
owned by consumers for 1925-63, March 1979, for 1964-76, April 1981,
and for 1977-78, October 1982. Summary statements of methodology appeared in the following issues of the SURVEY: fixed nonresidential private
Table 1.—Current-Dollar Gross Stock of Fixed Nonresidential Private Capital, by Major Industry Group and Legal Form of Organization, 1979-82
[Billions of dollars]
By legal form of organization
By major industry group
Total
Manufacturing
Farm
Nonfinancial
Total
Yearend
1979
1980
1981
1982
Noncorporate
Corporate
Nonfarm
nonmanufacturing
EquipEquipment EquipEquipEquipEquipStruc- ment
ment Equip- StrucEquipEquipand
Struc- ment
Equip- Struc- ment Equip- Struc- ment
and
ment Equipstruc- ment tures
and Equipand
and
Equip- StrucStruc- struc- ment tures
ment tures
ment
tures
and
and
tures
strucstrucstruc- ment tures struc- ment tures struc- ment tures tures
tures
tures
tures
tures
tures
3,920.1
4,467.4
4,994.1
5,309.3
1,858.5
2,130.0
2,389.7
2,566.5
2,061.7
2,337.5
2,604.3
2,742.8
276.2
312.8
340.7
355.4
154.4
175.4
192.7
202.2
121.8 922.4
137.4 1,053.1
148.0 1,169.1
153.2 1,234.7
577.6
668.5
756.3
809.5
344.8
384.6
412.8
425.2
2,721.5
3,101.5
3,484.3
3,719.1
1,126.4
1,286.0
1,440.7
1,554.7
1,595.1
1,815.5
2,043.6
2,164.4
2,870.7
3,265.7
3,648.1
3,872.0
1,505.8
1,727.0
1,940.8
2,084.5
1,365.0
1,538.7
1,707.3
1,787.5
2,722.9
3,093.8
3,452.6
3,657.0
1,437.3
1,647.9
1,850.0
1,983.3
1,285.3
1,445.9
1,602.6
1,673.7
1,049.4
1,201.8
1,346.0
1,437.3
352.7
403.0
449.0
482.0
696.7
798.8
897.0
955.3
Table 2.—Current-Dollar Net Stock of Fixed Nonresidential Private Capital, by Major Industry Group and Legal Form of Organization, 1979-82
[Billions of dollars]
2,248.2
2,550.4
2,841.7
2,995.2
1979
1980
1981
1982
1,038.8
1,182.9
1,318.8
1,393.0
1,209.4
1,367.6
1,522.9
1,602.3
160.1
179.0
191.9
195.8
86.1
96.0
103.3
104.8
74.0
83.0
88.6
91.0
508.8
579.7
640.4
666.9
328.1
377.7
423.2
443.4
180.7
202.1
217.2
223.5
1,579.3
1,791.7
2,009.4
2,132.6
624.6 954.7 1,618.0 842.3 775.7
709.2 1,082.5 1,831.9 960.5 871.5
792.3 1,217.1 2,037.4 1,073.5 963.9
844.8 1,287.8 2,143.3 1,135.1 1,008.2
1,522.0 802.8
1,721.4 915.2
1,912.6 1,021.9
2,007.5 1,078.3
719.2
806.2
890.7
929.2
630.2
718.5
804.3
851.9
196.5
222.4
245.3
257.9
433.7
496.1
559.0
594.0
Table 3.—Constant-Dollar Gross Stock of Fixed Nonresidential Private Capital, by Major Industry Group and Legal Form of Organization, 1979-82
[Billions of 1972 dollars]
Total
Yearend
1979
1980
1981
1982
By legal form of organization
By major industry group
Farm
Manufacturing
Nonfarm
nonmanufacturing
Noncorporate
Corporate
EquipNonfinancial
Total
ment EquipEquipEquipStruc- EquipEquipand
ment Equip- Strucment Equip- Struc- ment
EquipEquipment
ment
tures
EquipStrucstrucand
and
and
EquipStrucment
ment
and
Equip- Struc- struc- ment tures
tures
struc- ment tures struc- ment tures strucand Equip- Strucand
ment tures
ment
tures
ment
tures
tures
tures
tures
strucstructures
tures
tures
2,056.8
2,137.1
2,222.8
2,294.4
1,045.1
1,096.6
1,149.5
1,188.4
1,011.7
1,040.6
1,073.4
1,106.0
139.4
142.5
144.6
145.0
77.6
79.0
79.8
78.9
61.8
63.5
64.8
66.0
494.7
516.6
537.6
552.4
319.7
338.9
356.9
369.2
175.0
177.7
180.7
183.3
1,422.7
1,478.0
1,540.7
1,597.0
647.8
678.7
712.8
740.3
774.9
799.4
827.9
856.7
1,516.3
1,576.7
1,640.2
1,691.9
850.1
893.6
938.2
971.6
666.3
683.2
702.0
720.3
1,433.5
1,487.2
1,542.8
1,586.3
807.5
846.9
886.6
915.0
625.9
640.3
656.2
671.3
540.5
560.4
582.6
602.5
195.0
203.0
211.3
216.8
345.5
357.4
371.4
385.7
Table 4.—Constant-Dollar Net Stock of Fixed Nonresidential Private Capital, by Major Industry Group and Legal Form of Organization, 1979-82
[Billions of 1972 dollars]
1,184.6
1,226.1
1,271.3
1,301.6
1979
1980
1981
1982
62
588.7
615.4
642.7
655.7
595.9
610.8
628.6
645.9
81.0
81.8
81.7
80.3
43.4
43.4
42.9
41.1
37.6
38.4
38.8
39.2
275.1
287.0
297.3
301.3
183.3
193.6
202.2
205.0
91.7
93.4
95.1
96.3
828.6
857.4
892.3
920.0
361.9
378.4
397.6
409.7
466.6
479.0
494.7
510.3
861.4
893.0
926.6
947.9
479.4
502.4
525.8
537.8
381.9
390.6
400.8
410.2
808.0
835.8
864.6
881.2
454.7
475.3
495.9
505.1
353.3
360.4
368.7
376.1
323.3
333.2
344.7
353.7
109.3
113.0
116.9
118.0
214.0
220.2
227.8
235.7
August 1983
63
SURVEY OF CURRENT BUSINESS
Table 5.—Current-Dollar Gross Stock of Residential Capital, by Type of Owner, Legal Form of Organization, and Tenure Group, 1979-82
[Billions of dollars]
By tenure group x
By type of owner and legal form of organization
Corporate
Total
Total
Total
1979
1980
1981
1982
3,494.5
3,851.6
4,196.0
4,266.1
Tenant
occupied
Owner
occupied
Government
Private
Yearend
3,413.4
3,761.6
4,097.2
4,165.1
Nonfinancial
Noncorporate
70.2
78.0
85.7
88.0
75.1
83.5
91.7
94.1
3,338.3
3,678.2
4,005.5
4,071.0
Total
81.1
90.0
98.8
101.0
Federal
State
and
local
52.1
57.7
63.3
64.7
29.0
32.3
35.5
36.3
Nonfarm
Farm
93.2
100.5
106.7
106.3
2,508.9
2,776.7
3,036.6
3,096.0
Farm
Nonfarm
23.2 847.4
24.4 927.0
25.3 1,002.8
24.6 1,014.7
Table 6.—Current-Dollar Net Stock of Residential Capital, by Type of Owner, Legal Form of Organization, and Tenure Group, 1979-82
[Billions of dollars]
1979..
1980..
1981..
1982..
2,225.2
2,444.1
2,651.3
2,677.4
2,280.6
2,505.0
2,717.5
2,744.4
52.6
58.3
63.8
65.0
49.3
54.6
59.8
60.9
2,172.6
2,385.8
2,587.5
2,612.4
55.4
60.9
66.2
67.0
36.5
40.0
43.4
43.9
18.9
20.9
22.7
23.1
43.1
46.4
48.9
48.5
1,729.0
1,904.2
2,070.9
2,094.5
5.5
5.7
5.8
5.5
491.2
536.5
579.3
583.6
1. Excludes stocks of other nonfarm residential capital, which consists of dormitories, fraternity and sorority houses, nurses' homes, etc.
Table 7.—Constant-Dollar Gross Stock of Residential Capital, by Type of Owner, Legal Form of Organization, and Tenure Group, 1979-82
[Billions of 1972 dollars]
By tenure group 1
By type of owner and legal form of organization
Total
Corporate
Total
Total
1979
1980
1981....
1982
1,643.9
1,679.4
1,711.5
1,736.6
1,607.2
1.641.8
1,673.0
1,697.3
Nonfinancial
36.0
37.1
38.1
38.9
Noncorporate
33.6
34.6
35.6
36.4
1,571.2
1,604.7
1,634.9
1,658.3
Total
36.7
37.6
38.5
39.3
Federal
12.4
12.6
12.9
13.2
Tenant
occupied
Owner
occupied
Government
Private
Yearend
State
and
local
24.3
25.0
25.6
26.2
Farm
43.7
43.7
43.4
43.2
Nonfarm
1,177.9
1,208.4
1,236.3
1,258.2
Farm
10.9
10.5
10.2
9.9
Nonfarm
401.2
406.7
411.6
415.4
Table 8.—Constant-Dollar Net Stock of Residential Capital, by Type of Owner, Legal Form of Organization, and Tenure Group, 1979-82
[Billions of 1972 dollars]
1979....
1980....
1981....
1982....
1,071.9
1,091.1
1,107.0
1,115.7
1,046.8
1,065.6
1,081.2
1,089.6
25.1
25.7
26.3
26.8
23.5
24.1
24.7
25.1
1,021.7
1,039.9
1,054.9
1,062.8
25.1
25.5
25.8
26.2
8.1
8.2
8.2
8.4
17.1
17.3
17.6
17.7
20.2
20.2
19.9
19.7
811.3
828.0
842.2
850.3
2.6
2.5
2.3
2.2
232.3
235.1
237.4
238.5
1. Excludes stocks of other nonfarm residential capital, which consists of dormitories, fraternity and sorority houses, nurses' homes, etc.
Table 9.—Current-Dollar Gross Stock of Government-Owned Fixed Capital, 1979-82
[Billions of dollars]
Yearend
1979
1980
1981
1982.
State and local
Federal
Total
Total
Excluding military
Military
Excluding military
Total
EquipEquipEquipEquipEquipment Equip- Strucment EquipStruc- ment
Equip- StrucStruc- ment
Equip- Struc- ment
and
and
and
and Equipand
ment tures
struc- ment tures struc- ment tures struc- ment tures struc- ment tures structures
tures
tures
tures
tures
2,598.7
2,939.7
3,158.7
3,284.3
483.5
562.3
639.7
710.6
2,115.2
2,377.4
2,519.0
2,573.8
2,148.5
2,430.6
2,584.4
2,651.6
180.0
205.3
231.7
248.3
1,968.5 799.5
2,225.3 904.9
2,352.8 1,013.3
2,403.3 1,090.4
369.2
434.6
497.2
558.6
430.3
470.3
516.1
531.8
349.3
395.8
439.0
457.7
65.7
77.6
89.1
96.4
283.6
318.2
349.9
361.3
450.2
509.1
574.3
632.7
Equipment Equip- Strucand
tures
struc- ment
tures
303.5
357.0
408.1
462.2
146.7
152.1
166.2
170.5
1,799.2
2,034.8
2,145.4
2,193.9
114.3
127.8
142.5
152.0
1,684.9
1,907.1
2,002.9
2,041.9
157.8
186.4
214.4
247.1
71.6
73.4
79.0
79.9
1,148.8
1,286.1
1,342.1
1,357.6
64.4
70.1
76.3
79.7
1,084.4
1,216.0
1,265.7
1,277.8
Table 10.—Current-Dollar Net Stock of Government-Owned Fixed Capital, 1979-82
[Billions of dollars]
1979...
1980...
1981...
1982...
1,582.1
1,777.6
1,892.2
1,951.3
256.1
298.7
340.2
380.7
1,325.9
1,478.9
1,552.0
1,570.6
1,352.7
1,517.8
1,598.8
1,624.3
98.3
112.3
125.8
133.6
1,254.3
1,405.5
1,473.0
1,490.7
433.2
491.5
550.1
593.8
191.7
228.6
263.9
301.0
241.5
262.9
286.2
292.8
203.8
231.7
256.7
266.7
33.9
42.2
49.4
53.9
169.9
189.5
207.3
212.8
229.4
259.8
293.4
327.0
64
SURVEY OF CURRENT BUSINESS
August 1983
Table 11.—Constant-Dollar Gross Stock of Government-Owned Fixed Capital, 1979-82
[Billions of 1972 dollars]
Total
Total
Yearend
Federal
Excluding military
Total
State and Local
Excluding military
Military
EquipEquipEquipEquipEquipment
ment
ment Equipment
ment EquipStrucStrucand Equip- Strucand Equip- Strucand
and Equip- Strucand
ment
tures
tures
ment
ment
tures
ment
tures strucment tures
strucstrucstrucstructures
tures
tures
tures
tures
1979
1980
1981
1982
1,322.4
1,348.6
1,370.0
1,392.6
272.2
280.7
287.3
296.9
1,050.2
1,067.9
1,082.7
1,095.7
1,080.3
1,101.4
1,119.8
1,135.1
103.4 976.9
106.7 994.6
110.3 1,009.5
112.6 1,022.5
424.5
433.6
440.9
451.2
206.9
213.4
218.4
226.5
217.7
220.1
222.6
224.8
182.4
186.4
190.7
193.7
38.1
39.5
41.4
42.1
144.3
146.8
149.4
151.6
242.1
247.2
250.2
257.5
Equipment EquipStrucand
ment tures
structures
168.7
173.9
177.0
184.3
73.3
73.3
73.2
73.2
897.9
915.0
929.0
941.4
65.3
67.2
68.9
70.5
832.6
847.8
860.1
870.9
87.8
90.8
92.9
98.6
35.8
35.4
34.8
34.3
572.9
577.9
580.5
581.8
36.8
36.9
36.9
37.0
536.1
541.0
543.6
544.8
Table 12.—Constant-Dollar Net Stock of Government-Owned Fixed Capital, 1979-82
[Billions of 1972 dollars]
1979
1980
1981
1982
802.4
812 9
819.5
827.4
144.3
149 3
152.9
159.1
658.1
663 6
666.7
668.3
678.8
687 7
691.8
694.5
56.5
58 5
59.9
60.6
622.3
628.2
631.9
633.9
229.5
235.0
239.0
245.6
107.5
112.4
115.9
122.2
122.0
122.6
123.1
123.4
19.7
21.6
23.0
23.6
105.9
108.8
111.3
112.7
86.2
87.2
88.3
89.1
123.6
126.2
127.7
132.9
Table 13.—Constant-Dollar Gross Stock of Government-Owned Structures, Excluding Military,* by Type of Structures, 1979-82
[Billions of 1972 dollars]
State and local
Federal
Buildings
Yearend
Total
1979
1980
1981
1982
144 3
146 8
149.4
151.6
Resi- Indusdential trial
12 4
12 6
12 9
13.2
Educational
24 4
24 4
24.6
24.5
Hospi- Other 1
09
10
1.0
1.0
52
54
5.6
5.7
13 6
13.8
14.0
14.1
ConserHighvation
ways
and
Other 2
and
developstreets
ment
85
8.6
8.9
9.2
* Estimates of the constant-dollar stock of military structures appear in table 11. Family housing for the Armed Forces is included in the Federal residential estimates above, and troop housing is included in the military structures estimates in table 11.
76.3
77.9
79.3
80.6
3.1
3.2
3.2
3.3
Buildings
Total
Resi- Educadential tional
832.6
847.8
860.1
870.9
24.3
25.0
25.6
26.2
Hospi- Other 1
tal
27.3
27.7
28.0
28.3
175.5
178.3
179.9
181.1
69.2
71.2
72.9
74.7
ConserHighvation
ways
and
and
developstreets
ment
14.4
14.7
15.1
15.4
337.3
340.4
343.1
346.1
Water
Sewer supply
2
sysfacili- Other
tems
ties
74.0
77.0
79.2
81.1
47.4
48.5
49.4
50.1
63.1
65.0
66.9
68.0
1. Consists of general office buildings, police and fire stations, courthouses, auditoriums, garages, passenger terminals, etc.
2. Consists of electric and gas facilities, transit systems, airfields, etc.
Table 14.—Current-Dollar Gross and Net Stocks of Fixed Capital Owned by Government Enterprises, 1979-82
[Billions of dollars]
Net stock
Gross stock
Yearend
1979
1980
1981
1982
. :.
State and local
Federal
Total
State and local
Federal
Total
EquipEquipEquipEquipEquipEquipment Equip- Strucment
ment
ment
ment
ment
StrucStruc- and Equip- Strucand
and Equipand Equip- Strucand Equip- Strucand Equiptures struc- ment tures
ment
ment
tures
ment
tures
tures
ment
ment
tures
strucstrucstrucstrucstructures
tures
tures
tures
tures
tures
560.8
638.8
684.4
709.3
18.4
22.0
25.5
28.6
542.5
616.8
658.9
680.7
44.2
51.1
58.9
62.7
5.8
6.5
7.4
8.0
38.5
44.7
51.5
54.8
516.6
587.6
625.5
646.6
12.6
15.5
18.1
20.6
504.0
572.1
607.4
626.0
368.3
417.1
444.8
458.1
10.7
12.6
14.7
16.4
357.7
404.5
430.1
441.7
32.6
37.3
42.8
45.0
3.4
3.6
4.1
4.3
29.2
33.7
38.8
40.8
335.8
379.8
401.9
413.1
7.3
9.0
10.6
12.1
328.5
370.7
391.3
400.9
164.1
168.1
171.1
173.2
4.4
4.8
5.2
5.7
159.7
163.3
165.9
167.5
Table 15.—Constant-Dollar Gross and Net Stocks of Fixed Capital Owned by Government Enterprises, 1979-82
[Billions of 1972 dollars]
1979
1980
1981
1982
...
276 3
284.8
292 6
298.4
113
12.0
12 9
13.6
265 0
272.8
279 7
284.8
23 6
24.8
26 2
27.1
37
3.8
40
4.0
19.9
21.0
22.2
23.1
252 7
260.0
266 4
271.3
76
8.2
89
9.6
2451
251.8
257 4
261.7
181.4
186.0
1901
192.5
6.6
6.9
75
7.8
174 8
179.2
182 6
184.7
17.3
18.0
19.0
19.3
2.2
2.1
2.2
2.1
15.1
15.9
16.7
17.2
65
SURVEY OF CURRENT BUSINESS
August 1983
Table 16.—Current-Dollar Gross Stock of Durable Goods Owned by Consumers, by Type, 1979-82
[Billions of dollars]
Motor
vehicles 1
Yearend
Total
Autos
1979
1980
1981
1982
1,692.6
1,912.6
2,095.4
2,218.0
592.1
662.1
728.7
771.4
Furniture,
including
matOther
tresses
and
bedsprings
104.9
115.8
124.5
130.3
Other
Furniture and household equipment
213.1
236.3
257.2
269.0
Kitch- China,
en and glassware,
other tablehouse- ware,
hold
and
appli- utenances 2
sils
147.8
164.6
183.0
198.5
72.7
83.3
90.7
94.3
Other
durable
house
furnishings 3
140.5
164.5
184.3
196.8
Wheel
goods,
Radio
duraOphand
ble
thalmic
televitoys,
prodsion
sports
JewelBooks equipreceivucts
ry and
ers,
and
and
ment,
records, watch- ortho- maps boats,
es
and
pedic
and
musical
applipleasinstruances
ure
ments
aircraft
136.0
152.1
167.1
177.1
92.9
114.5
117.9
119.3
24.4
27.5
29.8
31.1
53.1
60.9
68.9
77.8
115.0
131.0
143.2
152.1
52.0
63.2
64.4
64.6
12.8
14.3
15.4
15.8
28.4
32.5
36.5
40.7
65.0
72.9
78.6
82.0
Table 17.—Current-Dollar Net Stock of Durable Goods Owned by Consumers, by Type, 1979-82
[Billions of dollars]
1979
1980
1981
1982
882 7
980 4
1056 0
1,096.7
274 1
297 5
317 9
325.3
60 2
621
63 3
64.6
115 7
127 8
138 4
143.4
819
90 9
100 7
108.1
37.6
431
46 8
48.4
78.3
87.1
95.1
99.8
76.6
89 2
99.0
104.2
1. Includes tires, tubes, accessories, and other parts.
2. Consists of refrigerators and freezers, cooking ranges, dishwashers, laundry equipment,
stoves, air conditioners, sewing machines, vacuum cleaners, and other appliances.
3. Includes such house furnishings as floor coverings, comforters, quilts, blankets, pillows, picture frames, mirrors, art products, portable lamps, and clocks. Also includes writing equipment
and hand, power, and garden tools.
Table 18.—Constant-Dollar Gross Stock of Durable Goods Owned by Consumers, by Type, 1979-82
[Billions of 1972 dollars]
Motor
vehicles *
Yearend
Total
Autos
1979
1980
1981
1982
1 146 7
1,190 9
1237 5
1,280.4
389 0
400 2
415 0
431.1
Other
68 9
70.0
70 9
72.8
Other
Furniture and household equipment
Furniture,
including
mattresses
and
bedsprings
140 6
144 5
148 1
150.4
Kitch- China,
en and glassother ware,
house- tableware,
hold
and
appliances 2 utensils
102 7
107 7
112 6
116.4
39 7
40 4
410
41.4
Other
durable
house
furnishings 3
98 8
102.8
106 2
108.7
Wheel
goods,
Radio
duraOphand
ble
thalmic
televiprodsion
sports
JewelBooks equipucts
receiv- ry
and
and
and
ers,
ment,
records, watch- ortho- maps boats
pedic
and
and
applimusical
pleasances
instruure
ments
aircraft
1219
132.3
143.2
153.2
59 7
62.0
64.4
66.7
15.7
16.2
16.7
16.8
31.4
32.4
33.3
33.9
78.3
82.3
86.1
88.9
33.4
34.2
35.2
36.1
8.2
8.5
8.7
8.5
16.8
17.3
17.6
17.7
44.2
45.8
47.2
47.9
Table 19.—Constant-Dollar Net Stock of Durable Goods Owned by Consumers, by Type, 1979-82
[Billions of 1972 dollars]
1979...
1980...
1981...
1982...
1. Includes tires, tubes, accessories, and other parts.
2. Consists of refrigerators and freezers, cooking ranges, dishwashers, laundry equipment,
stoves, air conditioners, sewing machines, vacuum cleaners, and other appliances.
3. Includes such house furnishings as floor coverings, comforters, quilts, blankets, pillows, picture frames, mirrors, art products, portable lamps, and clocks. Also includes writing equipment
and hand, power, and garden tools.
600.1
613.0
627.1
636.8
180.1
179.8
181.0
181.8
39.6
37.5
36.1
36.1
76.4
78.2
79.7
80.1
56.8
59.5
62.0
63.4
20.5
20.9
21.1
21.2
53.9
55.7
57.0
57.6
70.2
75.7
81.5
86.3
66
SURVEY OF CURRENT BUSINESS
August 1983
Alternative Estimates of Capital Consumption and Domestic Profits of Nonfinancial
Corporations, 1979-82
Estimates of capital consumption and domestic profits of nonfinancial
corporations for 1979-82, based on alternative depreciation formulas and
valued at historical and current costs, are shown in tables 1-3. They incorporate the revised national income and product account (NIPA) estimates for 1980-82 that appeared in the July 1983 SURVEY OF CURRENT
BUSINESS. The depreciation formulas used are straight-line and doubledeclining balance; service lives used are 100 percent of Internal Revenue
Service Bulletin F (F), 85 percent of Bulletin F (.85F), 75 percent of Bulletin F (.75F), and 100 percent of Bulletin F through 1940 with a gradual
decrease to 75 percent of Bulletin F in 1960 (F to .75F). Earlier estimates
are unrevised and appeared in the following issues of the SURVEY: for
1929-76, April 1981, and for 1977-78, October 1982. A statement of methodology appeared in the March 1976 SURVEY.
Table 1.—Alternative Estimates of Capital Consumption of Nonfinancial Corporations: National Income and Product Account Estimates and
Estimates Based on Alternative Methods of Depreciation, 1979-82
[Billions of dollars]
Line
1979
1 Capital consumption allowances, NIPA
x
Capital consumption allowances with capital consumption adjustment, NIPA 2
1980
1981
1982
135.6
155.4
183.1
210.8
149.6
170.0
192.2
210.0
87 5
94 7
100.5
101.1
97 4
105 6
112.2
112.8
108 0
117 3
124.3
125.3
119 0
129 3
137.5
138.0
103 5
110.5
1161
116.5
115 7
123.7
129 9
130.3
128.5
137.3
144 3
144.7
140.8
150.5
158 0
158.4
142.2
153 8
156 8
162.6
175 4
178 6
184.1
1981
2012
201.9
216 4
219.4
1521
157 6
161.6
163.8
173 6
179 7
184.1
186.3
195 7
202 3
206.9
209.2
213 0
219.7
224.3
226.5
Capital consumption allowances with capital consumption adjustment, alternative methods of depreciation:
3
4
5
6
7
8
9
10
11
13
14
15
16
17
Historical-cost valuation:
Straight-line depreciation:
F service lives
.85F service lives
.75F service lives
F to .75F service lives
. ..
Double-declining balance depreciation:
F service lives
.85F service lives
.75F service lives
F to .75F service lives
Current-cost valuation:
Straight-line depreciation:
F service lives
.75F service lives
F to .75F service lives
Double-declining balance depreciation:
F service lives
.85F service lives
.75F service lives
F to .75F service lives
1. Tax return-based capital consumption allowances.
2. Based on current-cost valuation, straight-line depreciation, and .85F service lives.
Table 2.—Alternative Estimates of Capital Consumption Adjustment for Nonfinancial Corporations: National Income and Product Account
Estimates and Estimates Based on Alternative Methods of Depreciation, 1979-82
[Billions of dollars]
Line
1 Capital consumption adjustment NIPA 1
Capital consumption adjustment, alternative methods of depreciation:
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
.
Double-declining balance depreciation:
F service lives
85F service lives
75F service lives
F to 75F service lives
Current-cost valuation:
Straight-line depreciation:
F service lives
75F service lives
F to 75F service lives
...
1. Equals line 1, table 1, minus line 2, table 1.
2. Lines 2 through 16 are equal to tax return-based capital consumption allowances (line 1,
table 1) minus the capital consumption allowances based on the designated valuation, depreciation formula, and service lives (lines 3 through 17, table 1). For example, line 2 equals line 1,
table 1, minus line 3, table 1.
1982
1980
-13.9
-14.7
-9.1
0.8
48.1
40.9
351
34.5
57.9
49.7
43.2
42.6
75.0
65.8
58.3
57.8
91.8
81.5
73.3
72.8
321
25.1
19.6
19.1
39.7
31.7
25.5
25.1
54.6
45.7
38.7
38.4
70.0
60.3
52.8
52.4
-6.6
18.1
-21.2
-7.2
-20.0
-23.2
1.0
-15.0
-18.1
8.9
-5.6
-8.6
-16.5
-21.9
26.0
-28.2
-18.2
-24.3
-28.7
-30.9
-12.6
19.2
-23.8
-26.1
2.2
-8.9
-13.5
15.7
2
Historical-cost valuation:
Straight-line depreciation:
F service lives
85F service lives
75F service lives
F to .75F service lives
Double-declining balance depreciation:
F service lives
85F service lives
...
75F service lives
F to 75F service lives
1981
1979
August 1983
67
SURVEY OF CURRENT BUSINESS
Table 3.—Alternative Estimates of Domestic Profits of Nonfinancial Corporations: National Income and Product Account Estimates and Estimates
Based on Alternative Methods of Depreciation, 1979-82
[Billions of dollars]
1979
1980
1981
Corporate profits before deduction of capital consumption allowances, with inventory valuation adjustment, NIPA
284.3
290.3
342.4
334.0
Corporate profits with inventory valuation adjustment and without capital consumption adjustment, NIPA x
148.6
134.9
159.4
123.2
Corporate profits with inventory valuation and capital consumption adjustments, NIPA 2
134.7
120.3
150.2
124.0
196.8
189.6
183.8
183.2
192.9
184.7
178.1
177.5
234.4
225.1
217.7
217.2
215.0
204.7
196.5
196.0
180.7
173.8
168.2
167.8
174.6
166.6
160.4
160.0
214.0
205.1
198.1
197.7
193.2
183.5
175.9
175.6
142.1
130.5
127.5
127.7
114.9
111.7
158.3
144.4
141.2
132.1
117.5
114.5
132.2
126.7
122.7
120.5
116.7
110.6
106.2
104.0
146.8
140.2
135.5
133.3
121.0
114.3
109.7
107.5
Line
Corporate profits with inventory valuation and capital consumption adjustments, alternative methods of depreciation: 3
Historical-cost valuation:
Straight-line depreciation:
F service lives
.85F service lives
.75F service lives
F to .75F service lives
Double-declining balance depreciation:
F service lives
.85F service lives
.75F service lives
F to .75F service lives
Current-cost valuation:
Straight-line depreciation:
F service lives
.75F service lives
F to .75F service lives
Double-declining balance depreciation:
F service lives
.85F service lives
.75F service lives
F to .75F service lives
1. Equals line 1, table 3, minus line 1, table 1.
2. Equals line 2, table 3, plus line 1, table 2.
3. Lines 4 through 18 are equal to NIPA profits with inventory valuation adjustment and without capital consumption adjustment (line 2, table 3) plus the capital consumption adjustment
based on the designated valuation, depreciation formula, and service lives (lines 2 through 16,
table 2). For example, line 4 equals line 2, table 3, plus line 2, table 2.
NOW
AVAILABLE
Local Area Personal Income, 1976-81
Personal Income Statistics for:
U.S.
Regions
States
Counties
SMSA's
• Total Personal Income
By Type of Income
• Labor and Proprietors9 Income
By Industry Group
• Per Capita Personal Income
VOLUME
1—Summary
2—New England
3—Mideast
4—Great Lakes
5—Plains
6—Southeast
7—Southwest
8—Rocky Mountain
9—Far West (including Alaska and Hawaii)
STOCK NUMBER
003-010-00113-5
003-010-00114-3
OO3-O1O-OO115-1
003-010-00116-0
003-010-00117-8
003-010-00118-6
003-010-00119-4
003-010-00120-8
003-010-00121-6
PRICE
$4.50
$4.00
$4.25
$4.50
$5.50
$6.00
$4.75
$4.25
$4.25
When ordering refer to GPO stock number.
To order, contact:
Superintendent of Documents
Government Printing Office
Washington, DC 20230
Telephone order desk: (202) 783-3238
For additional information, contact the Regional Economic Information System, Regional Economic Measurement Division, BE-55,
Bureau of Economic Analysis, Washington, D.C. 20230.
CURRENT BUSINESS STATISTICS
STATISTICS here update series published in the 1979 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT
BUSINESS. That volume (available from the Superintendent of Documents for $9.50, stock no. 003-010-00089-9) provides a description of each series, references to
Sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1975 through 1978, annually, 1947-78; for selected series, monthly
or quarterly, 1947-78 (where available).
The sources of the series are given in the 1979 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed
alphabetically on pages 171-172. Series originating in Government agencies are not copyrighted and may be reprinted freely. Series from private sources are
provided through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
Annual
June
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
June
July
2,735.6
2,751.0
1,632.1 1,652.2 1,661.1
r
r
517.1
522.0
527.7
r
r
393.5
397.5
401.3
r
r
390.7
394.8
397.4
1,673.3
533.8
406.4
399.0
May
GENERAL BUSINESS INDICATORS
PERSONAL INCOME BY SOURCE t
Seasonally adjusted, at annual rates: t
Total personal income
bil. $..
r
2,722.3
r
2,578.6
2,572.5
2,589.8
2,586.7
2,597.4
2,617.8
2,633.1
2,645.0
2,652.6
2,650.5
2,670.1
do....
do....
do....
do....
1,493.2
509.5
385.3
361.6
1,568.1
509.2
383.8
378.8
1,571.7
513.7
387.7
380.1
1,578.9
512.1
386.9
381.2
1,579.2
508.7
384.6
382.4
1,581.2
505.9
382.8
382.3
1,583.1
501.0
378.3
383.0
1,583.1
498.6
377.2
382.3
1,591.8
499.0
376.7
385.2
1,608.9
508.6
383.8
386.6
1,606.3
507.4
384.7
384.2
1,616.8
510.0
387.9
388.4
Service industries
Govt. and govt. enterprises
Other labor income
Proprietors' income: i
Farm
Nonfarm
do....
do....
do....
337.7
284.4
143.5
374.1
306.0
156.6
373.3
304.6
156.4
377.8
307.8
157.4
381.2
306.9
158.1
384.7
308.3
159.1
386.5
312.6
159.7
387.7
314.5
160.4
391.3
316.4
161.2
395.8
317.9
162.6
395.5
319.2
164.2
397.8
320.6
166.0
402.4
321.9
168.1
do....
do....
30.5
89.7
21.5
87.4
15.5
89.1
15.0
87.7
14.1
87.5
18.3
88.3
23.8
89.1
28.1
89.0
26.1
92.5
22.9
96.7
21.3
97.8
22.3
100.8
bil. $..
do....
do
do....
do....
do....
41.4
62.8
341.3
337.2
104.6
2,377.0
49.9
66.4
366.2
374.5
112.0
2,527.6
49.7
65.5
371.1
365.6
112.1
2,527.4
50.5
65.9
368.2
378.9
112.7
2,545.2
50.8
66.5
363.9
379.2
112.8
2,543.1
51.4
66.8
362 2
383.1
112.8
2,549.7
52.8
67.4
361.7
392.9
112.8
2,564.5
52.9
68.0
363.3
401.0
112.7
2,575.5
51.0
68.3
364.3
403.0
113.1
2,589.4
53.8
68.7
360.0
395.4
116.6
2,600.2
54.1
68.9
356.0
398.1
116.2
2,599.7
54.3
68.9
355.7
402.0
116.8
2,618.4
bil. $..
do....
do....
do....
do....
do....
do....
do....
2,435.0
387.4
2,047.6
1,912.4
1,857.2
236.1
733.9
887.1
2,578.6
402.1
2,176.5
2,051.1
1,991.9
244.5
761.0
986.4
2,572.5
412.1
2,160.4
2,038.8
1,979.4
241.0
757.6
980.8
2,589.8
398.9
2,191.0
2,054.5
1,995.1
239.4
764.9
990.7
2,586.7
400.4
2,186.3
2,064.6
2,005.1
238.7
766.8
999.6
2,597.4
400.2
2,197.2
2,086.1
2,026.4
252.1
767.9
1,006.4
2,617.8
402.9
2,214.8
2,090.3
2,030.5
240.5
773.7
1,016.3
2,633.1
403.5
2,229.6
2,110.2
2,050.2
254.5
771.7
1,024.0
2,645.0
406.0
2,239.1
2,120.5
2,060.0
261.2
773.8
1,025.1
2,652.6
399.5
2,253.2
2,127.1
2,066.2
259.1
776.5
1,030.5
2,650.5
402.3
2,248.2
2,129.3
2,068.3
256.9
774.5
1,036.9
do....
54.3
58.1
58.2
58.3
58.5
58.7
58.7
59.0
59.5
59.9
60.0
60.6
60.9
0.9
1.1
1.3
1.1
1.1
1.1
1.0
1.0
1.0
1.0
1.0
1.0
1.1
135.3
125.4
121.6
136.4
121.6
111.0
124.5
119.4
118.5
126.0
118.8
120.3
103.9
6.6
5.8
5.8
5.8
5.6
5.4
5.3
5.4
5.4
5.4
5.4
1,054.7
1,060.2
1,053.3
1,062.4
1,057.1
1,058.5
1,060.9
1,066.8
1,070.8
1,073.7
1,070.3
956.8
141 2
362.5
453.1
970.2
139.8
364.2
466.2
965.1
137.4
361.7
466.0
967.4
136.3
364.1
466.9
969.5
135.7
365.2
468.7
976.2
142.6
364.7
468.9
972.6
136.6
365.9
470.1
981.0
144.9
365.2
470.8
985.1
148.0
367.0
470.2
984.6
146 1
367.9
470.6
984.7
144 3
368.9
471.5
990.8
147 1
370.0
473.7
194.1
205.3
205.1
206.2
206.8
207.6
208.8
209.0
209.1
209.8
210.0
210.4
212.2
212.8
213.2
151.0
138.6
141.8
136.2
140.5
141.2
138.5
134.8
1312
133.5
138.1
140.5
141.9
143.9
"149.4
e
l39.2
145.2
Rental income of persons with capital
consumption adjustment
Dividends
Personal interest income
Transfer payments
Less: Personal contrib. for social insur
Total nonfarm income
2,689.1
r
2,435.0
Wage and salary disbursements, total
Commodity-producing industries, total....
Manufacturing
Distributive industries
r
408.2
327.1
170.1
r
411.2
324.7
172.2
414.5
326.1
174.3
r
22.3
103.1
r
24.7
106.6
r
24.0
108.5
22.9
109.3
54.6
69.0
355.0
402.7
117.6
r
2,636.1
54.8
69.4
356.6
r
406.7
118.8
r
2,668.2
55.0
69.5
358.4
r
406.4
119.5
r
2,682.1
55.3
70.2
360.2
405.7
120.1
2,698.5
2,670.1 r2,689.1 r2,722.3 r2,735.6
r
r
r
403.6
402.2
415.5
420.4
2,266.5 r2,286.9 r2,306.8 r2,315.2
r
r
r
2,146.2 2,183.0 2,219.5 2,229.8
2,084.6 r2,121.0 r2,157.1 r2,167.2
r
r
259.6
270.6
278.3
285.3
r
r
780.1
786.6
803.9
804.1
1,044.9 1,063.8 1,074.9 1,077.9
2,751.0
395.6
2,355.5
2,238.6
2,175.8
285.2
808.9
1,081.8
DISPOSITION OF PERSONAL INCOME *
Seasonally adjusted, at annual rates:
Total personal income
Less: Personal tax and nontax payments
Equals: Disposable personal income
Less: Personal outlays
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Interest paid by consumers to
business
Personal transfer payments to
foreigners (net)
do
Equals: personal saving
do....
Personal saving as percentage of disposable
personal income §
percent..
Disposable personal income in constant (1972)
dollars
bil. $..
Personal consumption expenditures in
constant (1972) dollars
do....
Durable goods
do
Nondurable goods
do...
Services
do....
Implicit price deflator for personal consumption
expenditures
index, 1972=100..
r
r
5.0
4.5
r
r
61.3
1.1
r
r
87.2
r
4.0
1,077.2 1,077.9 1,083.8
r
999.7 1,013.5
152 1 156.9
r
370.0
376.0
r
r
477.6
480.6
61.5
61.7
1.1
1.1
85.4
116.8
4.1
1,085.9
1,016.5
159.9
376.5
480.1
INDUSTRIAL PRODUCTION
Federal Reserve Board Index of Quantity Output
Not Seasonally Adjusted
Total index
1967=100..
By industry groupings:
Mining and utilities
145.2
do....
155.0
146.3
143.9
144.6
146.8
140.1
136.7
136.4
140.7
147.2
141.7
136.8
134.2
133.6
p
do....
do....
do....
150.4
164.8
140.5
137.6
156.2
124.7
141.6
159.9
128.9
135.1
152.9
122.7
139.3
161.9
123.7
141.2
164.1
125.4
138.8
162.4
122.5
134.5
155.7
119.9
129.6
147.5
117.2
131.8
149.9
119.2
138.0
157.5
124.5
141.5
160.8
128.1
143.0
162.3
129.7
145.2
164.7
131.7
p
150.6
171.2
P
136.4
145.1
e
165.0
e
131.4
Total index
do....
151.0
138.6
138.7
138.8
138.4
137.3
135.7
134.9
135.2
137.4
138.1
140.0
142.6
144.4
p
146.0
148.6
By market groupings:
Products, total
Final products
Consumer goods
do....
do...
do....
150.6
149.5
147.9
141.8
141.5
142.6
142.1
142.1
144.8
142.6
142.5
145.8
142.0
141.2
144.1
140.8
140.0
143.4
139.3
138.7
142.2
139.0
138.3
141.3
139.9
139.5
142.0
140.9
140.1
143.6
140.3
138.9
143.4
141.6
139.9
144.3
144.5
142.8
147.7
146.1
144.5
149.9
D
147.6
146.0
151.4
149.7
148.0
154.0
Manufacturing
Nondurable manufactures
Durable manufactures
p
Seasonally Adjusted
See footnotes at end of tables.
P
S-l
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1983
1982
June
Annual
August 1983
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION—Continued
Seasonally Adjusted—Continued
By market groupings—Continued
Final products—Continued
Durable consumer goods
Automotive products
Autos and utility vehicles
Autos
1967=100..
do....
do....
... do....
Home goods
Nondurable consumer goods
Clothing
Consumer staples
Consumer foods and tobacco
Nonfood staples
Equipment
Business equipment
Industrial equipment #
Building and mining equip
Manufacturing equipment
do
140.5
137.9
111.2
103.4
129.2
129.5
99.0
86.6
134.6
143.0
117.1
101.9
137.3
149.7
127.7
114.6
132.9
135.5
107.1
93.3
131.3
135.5
105.8
94.3
126.5
123.6
89.6
79.5
124.6
120.7
86.9
77.7
125.9
128.7
99.0
87.9
131.6
136.2
107.0
97.1
134.4
144.3
120.8
107.3
136.3
142.6
116.4
99.9
140.5
144.9
117.8
102.7
145.0
152.2
124.9
107.4
P
142 0
129 1
129 9
130 4
131 4
128.9
128.1
126 8
124.3
129.1
128.8
132.8
138.1
141.0
p
143.0
e
146.5
148.5
147.9
148.4
148.3
147.0
147.5
150.5
151.9
p
152.3
e
153.9
162.5
163.7
do....
do....
do....
do....
do....
150.9
119.8
159.5
150.3
170.0
148.0
148.8
149.1
148.6
159.0
149.7
169.7
159.9
150.9
170.4
159.7
149.9
171.2
159.4
149.6
170.8
158.8
148.6
170.7
159.1
150.2
169.5
158.1
149.0
168.7
158.8
149.5
169.6
158.6
150.9
167.6
157.4
149.5
166.5
158.1
148.4
169.4
161.1
150.9
172.9
162.2
152.2
174.0
p
... do....
do
... do....
... do....
do
151.8
181 1
166.4
286.2
127 9
139.8
157.9
134.9
214.2
107.2
138.4
156.7
134.0
209.0
107.5
138.0
154 9
131.3
200.4
106 0
137.3
153 9
128.4
190.8
104 4
135.2
150.5
123.8
182.1
1016
134.0
147.1
118.3
169.3
98.0
134.2
146 4
117.2
165.7
97 5
136.1
148.1
117.9
171.9
97.0
135.3
146.6
118.4
173.8
97.6
132.7
142.7
113.7
153.6
97.9
133.8
143.7
113.1
145.3
99.7
136.2
146 9
113.5
141.8
1017
137.0
148.0
114.6
146.2
102.2
p
...
...
...
...
...
P
173.4
e
138.5
P
149.8
e
p
148^0
104.4
p
186.6
265.9
r
92.7
p
118.2
150.8
136.4
165.2
118.6
152.1
138.6
165.4
P
119.5
153.7
140.2
P
167.1
120.5
156.1
e
143.4
137.6
128.7
167.5
121.9
139.7
132.4
168.7
121.6
141.8
134.8
172.1
121.4
p
p
143.6
137.3
173.3
p
121.9
e
146.8
140.7
176.1
125.1
137.5
115.6
75.1
136.5
117.0
94.4
96.5
115.7
137.7
112.6
75.2
127.3
114.4
95.3
98.2
114.0
138.9
111.6
79.8
125.3
112.2
r
96.0
97.9
117 7
139.9
113.2
r
84.2
125.6
112.8
r
94.9
p
142.8
115.9
123 4
P
162.0
183.0
165.8
188.2
169.3
192.7
169.9
193.2
p
p
183.0
247.5
108.3
182.2
248.8
106.3
183.3
253.5
102.0
181.4
254.0
95.5
180.5
253.5
93.2
180.2
254.8
92.3
183.0
258.6
96.2
179.2
254.9
90.8
176.1
251.2
88.2
179.2
255.7
90.1
185.4
264.3
92.0
... do....
... do....
... do....
do
102.7
154.4
141.9
166 7
109.4
143.3
124.3
162.1
107.6
141.9
123.1
160.6
109.5
142.8
124.1
161 4
109.5
144.7
127.1
162 1
109.5
143.7
125.5
161.8
111.9
141.6
122.5
160.5
113.6
141.8
123.4
160.1
115.9
141.5
123.0
159.8
116.4
143.7
127.0
160.3
116.1
145.3
129.7
160.9
117.0
147.8
133.1
162.3
Materials
Durable goods materials
Nondurable goods materials
Energy materials
... do....
... do....
do
... do....
151.6
149.1
174.6
129.0
133.7
125.0
157.5
125.1
133.5
126.6
153.5
125.4
133.0
126.0
152.3
126.0
132.8
125.1
154.5
124.5
132.0
123.0
158.5
121.0
130.0
118.5
158.2
122.6
128.4
116.4
157.3
121.4
127.8
116.5
155.6
120.4
132.0
121.5
159.7
123.0
134.9
125.3
164.0
121.8
By industry groupings:
Mining and utilities
Mining
Metal mining
Coal
Oil and gas extraction #
Crude oil
Natural gas
Stone and earth minerals
... do....
... do....
do
... do....
do....
... do....
do
do
155.0
142.2
123.1
141.3
146.8
95.1
111.8
129 4
146.3
126.1
82.4
142.7
131.1
95.1
104.1
112 1
145.2
123.5
71.8
144.4
129.1
95.7
102.3
106 6
142.6
120.1
58.1
140.3
127.0
95.7
102.8
103 8
141.3
116.9
53.4
135.8
123.3
95.0
99.5
105 7
139.7
114.7
55.4
127.9
121.0
94.9
101.3
106 3
140.4
115.9
63.1
143.2
119.1
93.9
104.2
108 5
140.4
116.8
70.4
134.1
120.3
94.6
103.5
111 9
140.1
118.4
74.9
129.7
122.9
95.1
96.8
111 7
141.3
121.9
81.7
144.8
124.6
96.5
101.7
112.8
do
... do....
169.1
190.9
168.7
190.5
169.4
191.6
167.7
189.2
168.5
189.9
167.5
188.2
167.8
188.4
166.7
188.3
164.2
185.6
163.1
184.4
Manufacturing
Nondurable manufactures
Foods
... do....
... do....
do
150.4
164.8
152 1
137.6
156.2
151 1
137.7
155.3
151.0
138.1
155.7
151 0
138.0
156.9
150 7
137.1
156.7
149.0
135.0
156.2
151.5
134.0
155.3
152 0
134.5
155.6
152.8
136.7
157.4
154.4
138.2
159.0
153.0
140.4
160.7
152.0
143.1
163.3
153.7
145.0
165.1
154.7
Tobacco products
Textile mill products
Apparel products
Paper and products
... do....
... do....
... do....
do
122.2
135.7
120.4
155 0
118.0
124.5
123.6
123.7
121.4
124.3
120.6
125.9
113.3
126.1
110.6
125.9
113.0
123.1
109.9
122.2
104.7
125.8
108.5
130.7
113.4
131.9
114.8
136.6
110.6
139.6
150 8
146 8
147 0
152 5
154 3
155.0
154 5
151.1
158.8
155.6
156.3
157.0
188.7
269.7
P
93.1
p
p
p
140.5
113.8
p
83.3
p
124.6
p
113.6
p
95.3
p
p
146.8
166.9
p
142.0
161.3
P
161.5
... do....
. do....
do
... do....
... do....
144.2
215.6
129.7
274.0
69.3
144.1
196.1
121.8
254.7
60.9
142.6
193.2
124.3
258.9
62.3
143.9
194.1
124.7
256.8
62.9
145.3
195.6
121.4
261.1
60.8
144.3
196.4
122.6
262.0
60.9
142.0
194.1
123.8
256.3
59.5
141.7
192.8
120.0
250.2
57.7
142.8
195.9
118.7
249.7
56.0
141.3
197.6
113.5
256.2
59.5
144.0
202.3
111.7
264.0
61.7
145.9
205.7
114.8
272.0
59.4
145.7
r
208.5
120.6
r
283.0
58.7
145.2
210.9
122.9
•"289.1
r
59.9
do
... do....
... do....
140 5
81.1
119.1
124 7
86.9
112.6
125 5
86.5
112.2
125 9
87.1
116.9
124 9
86.5
120.3
123 5
86.9
119.9
120 3
89.5
117.2
119 3
91.9
119.1
119 9
92.5
121.4
122 5
93.5
130.0
123.9
93.3
130.2
126.3
91.9
128.7
129.1
93.2
132.1
131.0
r
92.6
135.8
p
Furniture and fixtures
Clay, glass, and stone products
Primary metals
Iron and steel
Nonferrous metals
Fabricated metal products
Nonelectrical machinery
Electrical machinery
...
...
...
...
...
...
do....
do....
do....
do....
do....
do....
do
... do....
157.2
147.9
107.9
99.8
122.4
136.4
171.2
178.4
151.9
128.2
75.3
61.7
99.7
114.8
149.0
169.3
152.5
126.1
72.8
58.0
98.9
115.0
147.4
170.8
154.5
126.9
72.9
58.1
102.9
115.5
147.1
170.3
156.7
128.8
72.9
57.4
100.3
114.3
147.2
169.7
155.7
130.4
73.2
56.4
106.2
112.3
144.9
167.0
154.3
128.1
69.6
54.1
95.5
107.6
140.4
165.4
152.4
127.3
63.6
47.5
92.2
107.0
139.6
165.5
153.7
125.4
63.5
46.6
94.2
107.3
139.2
165.5
150.0
128.0
73.1
59.0
100.6
107.6
138.0
169.5
154.0
131.8
77.9
64.3
102.6
110.3
136.2
168.9
161.0
135.6
81.2
66.9
107.3
113.9
138.6
173.8
167.7
138.3
r
83.1
68.5
105.4
115.3
143.1
177.2
169.6
139.3
r
84.9
r
69.5
110.2
115.5
145.9
180.1
p
Transportation equipment
Motor vehicles and parts
Instruments
do
... do....
do
116 1
122.3
170 3
104 9
109.8
161.9
111 6
124.0
164 8
112 7
127.2
165 2
107 0
116.7
165 5
105 3
113.5
161.9
100 8
103.0
157.4
100 2
101.7
155.8
103 7
108.8
155.2
106.3
113.9
154.5
109.6
123.0
153.4
110.1
123.2
154.0
111 4
125.5
155.1
113.8
130.4
156.0
P
147.5
212.7
p
123.1
p
292.8
p
61.0
P
p
133.0
p
93.4
138.0
172.4
139.9
P
85.8
p
70.3
p
112.2
p
117.6
p
149.0
P
182.1
p
P
116.5
136.2
155.3
BUSINESS SALES
mil. $.. 4,273,188 4,130,150 360,505 333,844 340,978 349,333 343,970 342,005 357,536 315,375 323,346 364,720 349,802
r
365,513 384,128
Mfg. and trade sales (seas, adj.), total $
... do.... '4,273,188 '4,130,150 349,742 347,676 343,426 342,882 336,905 338,722 338,391 345,337 341,490 348,009 351,407
r
364,115 371,594
Manufacturing, total t
Durable goods industries
Nondurable goods industries
... do.... '2,017,545 4,910,119 163,120 162,417 160,016 160,458 154,194 154,318 154,543 158,239 158,081 161,803 163,372 168,155 172,516
1,006,465 922,115 79,197 78,856 77,250 76,419 72,478 73,005 73,495 77,744 77,769 79,595 80,548 r 82,964 85,938
do
1,011,080 988,004
83,923 83 561 82,766 84,039 81,716 81,313 81,048 80,495 80,312 82,208 83,824 r 85,191 86,578
do
Retail trade total §
Durable goods stores
Nondurable goods stores
4,047,573 4,075,679
do
320,868
... do.... 316,020
... do.... 731,553 754,811
88,603
26,136
62,467
89,469
26,124
63,345
89,069
25,831
63,238
89,897
26,619
63,278
90,905
27,154
63,751
92,492
28,721
63,771
92,459
28,723
63,736
92,308
28,307
64,001
91,164
27,490
63,674
93,263
29,160
64,103
95,449
30,668
64,781
Merchant wholesalers total @
Durable goods establishments
Nondurable goods establishments
4,208,070 4,144,352
do
457,713
. do.... 509,743
686,639
... do.... 698,327
98,019
37,674
60,345
95,790
37,687
58,103
94,341
37,065
57,276
92,527
37,208
55,319
91,806
37,645
54,161
91,912
37,900
54,012
91,389
37,756
53,633
94,790
39,617
55,173
92,245
37,222
55,023
92,943
37,570
55,373
92,586
37,758
54,828
154.6
r
71.5
r
45.3
r
37.8
154.3
r
70.9
r
45.7
r
37.7
153.3
r
70.1
r
45.7
r
37.5
152.8
r
69.9
r
46.2
r
36.8
149.5
r
67.2
r
45.9
r
36.4
151.2
r
67.4
r
47.0
r
36.8
151.2
r
67.6
r
47.0
r
36.6
155.4
r
70.1
r
47.0
r
38.2
153.9
r
70.0
r
46.9
r
36.9
156.2
r
71.5
r
47.8
r
36.9
156.0
r
72.0
r
47.7
r
36.3
Mfg. and trade sales in constant (1972) doDar s
bil. $..
(seas adj) total *
... do....
Manufacturing *
do
Retail trade *
... do....
Merchant wholesalers *
See footnotes at end of tables.
r
r
r
r
r
98,431
32,124
66,307
98,685
32,335
66,350
97,529 100,393
39,519 41,768
58,010 58,625
161.5
73.7
49.1
38.8
439.9
e
114.4
172.8
196.7
149.4
168.6
e
e
164.3
448.5
424 5
436.1
C
94.8
P
Mfg. and trade sales (unadj.), total t
r
190.3
e
272.0
e
93.7
125 8
170.3
p
193.5
p
Durable manufactures
Ordnance, pvt. and govt
Lumber and products
175.5
139.8
151.3
417.5
151.8
105 7
e
r
184.4
253.5
103.9
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
154.2
e
167.9
145.6
129.8
p
198.0
258.7
125.4
Utilities
Electric
P
148.2
Commercial, transit, farm eq. # .. ... do....
Commercial equipment . ..
.. do....
Transit equipment
... do....
Defense and space equipment
Intermediate products
Construction supplies
Business supplies
149.2
160.3
135.4
P
118.3
p
164.8
75.4
49.6
39.8
•88.6
420.0
452.7
486.6
420.0
442.3
456.4
S-3
SURVEY OF CURRENT BUSINESS
August 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
1983
1982
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
May
Apr.
June
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INVENTORIES
Mfg. and trade inventories, book value, end of year
or month (unadj.), total $
mil. $.
520,611
506,147
Mfg. and trade inventories, book value, end of year
or month (seas, adj.), total $
mil. $.
518,390 516,756 518,362 524,517 522,035 506,147 503,783 506,862 506,481 507,118 r506,524 503,532
526,152
511,942 521,040 521,145 521,257 521,000 519,797 513,888 511,942 507,550 507,665 503,222 504,796 r505,658 504,988
Manufacturing, total t
Durable goods industries
Nondurable goods industries
do...
do...
do...
282,333
186,222
96,111
Retail trade, total §
Durable goods stores
Nondurable goods stores
do...
do...
do...
126,833
59,095
67,738
264,902 274,912 274,629 273,809 271,675 270,786 267,920 264,902 262,117 260,856 257,304 257,397 r258,149 257,191
175,200 182,811 182,099 181,543 180,520 179,675 177,061 175,200 172,506 171,572 169,377 169,814 170,734 169,617
89,702 92,101 92,530 92,266 91,155 91,1H
90,859 89,702 89,611 89,284 87,927 87,583 r87,415 87,574
128,250 126,300 126,662 128,258 129,788 128,849 127,619 128,250 127,869 130,392 129,327 129,901 131,654 132,452
59,597 58,225 58,888 60,204 61,668 60,581 59,417 59,597 59,735 61,517 60,412 60,640 r61,401 61,955
68,653 68,075 67,774 68,054 68,120 68,268 68,202 68,653 68,134 68,875 68,915 69,261 r70,253 70,497
Merchant wholesalers, total @
Durable goods establishments
Nondurable goods establishments
do...
do...
do...
116,986
76,674
40,312
118,790 119,828 119,854 119,190 119,537 120,162 118,349 118,790 117,564 116,417 116,591 117,498 115,855 115,345
78,514 78,481 79,613 79,240 79,811 80,567 78,752 78,514 77,571 75,814 75,708 75,338 r73,710 73,858
40,276 41,347 40,241 39,950 39,726 39,595 39,597 40,276 39,993 40,603 40,883 42,160 r42,145 41,487
Mfg. and trade inventories in constant(1972)dollars,
end of year or month(seas.adj.),total*
bil. $.
Manufacturing *
do...
Retail trade *
do...
Merchant wholesalers *
do...
r
265.9
144.3
r
64.8
r
56.7
r
266.2
144.2
r
65.0
r
57.1
r
r
265.8
143.7
r
65.4
r
56.7
r
266.0
143.0
r
66.1
r
56.9
r
264.9
142.2
r
65.8
r
56.9
r
262.1
140.7
r
64.9
r
56.5
r
261.2
139.6
r
65.1
r
56.5
r
259.2
138.2
r
64.9
r
56.1
r
259.4
137.7
r
66.1
r
55.6
r
257.6
136.5
r
65.9
r
55.2
r
257.3
136.3
r
65.8
r
55.1
257.6
136.6
66.3
54.7
257.0
136.4
66.3
54.3
BUSINESS INVENTORY-SALES RATIOS
ratio.
1.43
1.51
1.49
1.50
1.52
1.52
1.54
1.52
1.51
1.47
1.49
1.45
1.44
1.39
1.36
do...
do...
do...
do...
do...
1.66
2.19
0.69
0.97
0.53
1.76
2.41
0.73
1.06
0.62
1.69
2.31
0.71
1.03
0.60
1.69
2.31
0.71
1.01
0.60
1.71
2.35
0.71
1.04
0.62
1.69
2.36
0.71
1.05
0.62
1.76
2.48
0.75
1.11
0.66
1.74
2.43
0.74
1.10
0.63
1.71
2.38
0.72
1.08
0.61
1.66
2.22
0.66
0.99
0.56
1.65
2.21
0.66
0.98
0.56
1.59
2.13
0.63
0.95
0.55
1.58
2.11
0.62
0.94
0.54
1.54
2.06
0.61
0.92
0.52
1.49
1.97
0.58
0.88
0.51
do...
do...
do...
do...
1.13
0.45
0.19
0.48
1.14
0.46
0.19
0.49
1.10
0.44
0.19
0.47
1.11
0.45
0.19
0.47
1.11
0.45
0.19
0.48
1.08
0.43
0.18
0.47
1.11
0.44
0.19
0.49
1.12
0.45
0.19
0.49
1.11
0.45
0.18
0.48
1.11
0.44
0.18
0.50
1.11
0.44
0.18
0.49
1.07
0.42
0.17
0.47
1.06
0.42
0.17
0.47
1.03
0.41
0.17
r
0.45
1.01
0.41
0.16
0.44
Retail trade, total §
Durable goods stores
Nondurable goods stores
do...
do...
do...
1.40
2.17
1.06
1.42
2.20
1.08
1.43
2.23
1.09
1.42
2.25
1.07
1.44
2.33
1.08
1.44
2.32
1.08
1.42
2.23
1.07
1.38
2.07
1.07
1.39
2.07
1.08
1.39
2.11
1.06
1.43
2.24
1.08
1.39
2.07
1.08
1.36
1.98
1.07
1.34
1.91
1.06
1.34
1.92
1.06
Merchant wholesalers, total @
Durable goods establishments
Nondurable goods establishments
do...
do...
do...
1.13
1.74
0.69
1.24
2.06
0.70
1.22
2.08
0.69
1.25
2.11
0.69
1.26
2.14
0.70
1.29
2.14
0.72
1.31
2.14
0.73
1.29
2.08
0.73
1.30
2.08
0.75
1.24
1.96
0.72
1.26
2.04
0.74
1.25
2.02
0.74
1.27
2.00
0.77
1.19
1.87
0.73
1.15
1.77
0.71
1.73
2.05
1.43
1.51
1.74
r
2.05
1.43
1.55
1.77
r
2.12
1.43
1.56
1.73
r
2.09
1.38
1.54
1.73
r
2.06
1.39
1.55
1.67
1.97
1.38
1.47
1.69
1.97
1.41
1.51
1.65
1.91
1.38
1.50
1.65
1.89
1.38
1.52
1.59
1.85
1.35
1.41
1.56
1.81
1.34
1.36
Manufacturing and trade, total t
Manufacturing, total t
Durable goods industries
Materials and supplies
Work in process
Finished goods
Nondurable goods industries
Materials and supplies
Work in process
Finished goods
Manufacturing and trade in constant (1972) dollars,
total *
do...
Manufacturing *
do...
Retail trade *
do...
Merchant wholesalers *
do...
1.72
r
2.02
1.43
1.50
r
r
r
r
1.73
2.03
1.42
r
1.52
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Shipments (not seas, adj.), total t
mil. $. 2,017,545 1,910,119 171,147 149,358 157,045 167,548 159,487 153,628 150,068 146,613 159,488 170,007 164,679 169,150 181,061
Durable goods industries, total
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products
do... 1,006,465
do...
48,001
do...
141,943
do...
70,125
123,665
do...
201,538
do...
140,195
do...
do...
205,222
do...
116,981
do...
48,292
922,115
44,005
107,031
47,320
113,967
180,612
140,550
195,370
112,177
48,873
84,664
4,040
9,387
4,191
10,474
16,475
12,588
19,287
11,624
4,469
70,639
3,597
7,790
3,348
9,105
13,374
10,843
14,978
8,605
3,691
73,669
3,839
8,285
3,472
9,706
13,634
11,327
14,882
8,690
4,065
80,160
3,989
8,593
3,615
9,825
15,488
12,301
17,130
10,024
4,516
75,894
3,903
7,979
3,130
9,324
13,902
11,908
16,393
9,432
4,085
72,461
3,578
7,383
2,993
8,855
13,727
11,496
15,654
8,622
4,049
71,371
3,237
7,394
3,059
8,257
14,678
11,421
15,489
7,694
4,064
69,982
3,368
8,066
3,220
8,469
12,186
11,042
16,123
9,826
3,673
78,272
3,549
8,671
3,429
9,374
13,413
12,214
19,113
11,737
3,900
85,247
3,887
9,482
3,896
10,074
15,424
12,967
20,529
12,346
4,204
82,387
3,962
9,448
3,792
9,828
14,038
12,545
19,902
12,264
3,892
Nondurable goods industries, total
Food and kindred products
Tobacco products
Textile mill products
do... 1,011,080
272,140
do...
13,130
do...
50,261
do...
988,004
277,324
14,455
47,217
86,483
24,347
1,394
4,324
78,719
22,083
1,028
3,245
83,376
22,789
1,284
4,047
87,388
24,867
1,498
4,252
83,593
23,694
1,265
4,076
81,167
23,325
1,108
3,842
78,697
22,883
1,347
3,826
76,631
21,404
1,046
3,445
81,216
23,596
1,121
3,949
84,760
24,454
1,476
4,557
82,292
22,835
1,269
4,140
80,236
180,457
224,132
53,173
78,989
172,803
206,430
50,163
6,794
15,514
18,161
4,578
6,145
13,098
17,721
4,076
6,789
14,102
17,377
4,325
6,754
14,948
17,824
4,442
13,269
17,473
4,344
6,354
13,284
16,793
3,832
6,038
13,719
16,379
3,533
6,506
13,851
15,241
3,901
6,813
14,974
14,206
4,130
7,058
16,109
14,781
4,148
Paper and allied products
Chemical and allied products
Petroleum and coal products
Rubber and plastics products
do...
do...
do...
do...
Shipments (seas, adj.), total t
By industry group:
Durable goods industries, total #
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
do..
•"84,265
r
4,108
r
9,714
r
3,774
10,250
14,315
12,605
r
20,290
13,135
r
3,906
91,822
4,476
10,047
4,112
10,786
15,870
14,192
22,269
14,115
4,347
r
84,885
23,904
1,414
r
4,332
89,239
25,169
1,800
4,757
r
7,070
6,975
15,351 16,307
15,431 15,730
4,280 r4,237
7,357
16,602
16,446
4,655
r
163,120 162,417 160,016 160,458 154,194 154,318 154,543 158,239 158,081 161,803 163,372 168,155 172,516
r
do..
do..
do..
do..
79,197
3,708
8,958
3,999
78,856
3,638
8,737
3,758
77,250
3,636
8,694
3,698
76,419
3,686
8,385
3,593
72,478
3,624
7,841
3,114
73,005
3,627
7,737
3,127
73,495
3,634
7,916
3,163
77,744
4,016
8,240
3,249
77,769
3,799
8,230
3,241
79,595
3,822
8,925
3,594
80,548
3,885
8,958
3,588
82,964
r
4,039
r
9,481
r
3,782
85,938
4,112
9,596
3,928
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products
do..
do..
do..
do..
do..
do..
9,789
15,197
11,880
17,855
10,615
4,171
9,882
14,827
12,181
17,662
10,727
4,103
9,648
14,483
11,682
17,517
10,826
4,095
9,447
14,948
11,651
16,476
9,634
4,245
8,904
13,841
11,429
15,165
8,176
3,949
9,082
14,123
11,372
15,310
8,290
3,944
8,856
13,794
11,557
16,120
4,050
9,358
13,701
11,987
17,998
10,732
4,101
9,373
13,097
11,977
19,135
11,666
3,954
9,515
14,191
12,364
18,530
11,037
3,946
9,617 10,079
14,117 14,429
12,619 12,738
18,763 19,301
11,259 12,341
r
3,964
3,971
10,083
14,624
13,387
20,616
12,873
4,058
Nondurable goods industries, total #
Food and kindred products
Tobacco products
Textile mill products
Paper and allied products
Chemical and allied products
Petroleum and coal products
Rubber and plastics products
do..
do..
do..
do..
do..
do..
do..
do..
83,923
23,616
1,361
3,984
6,521
14,727
17,878
4,355
83,561
23,558
1,011
3,847
6,558
14,449
18,042
4,389
82,766
22,686
1,232
3,965
6,623
14,627
17,346
4,213
84,039
23,519
1,504
3,984
6,581
14,516
17,829
4,293
81,716
22,904
1,219
3,911
6,575
13,799
17,563
4,092
81,313
22,937
1,094
3,820
6,581
14,135
16,831
4,032
81,048
22,931
1,306
4,100
6,531
14,163
16,279
3,931
80,495
23,018
1,102
3,823
6,768
14,287
14,804
4,183
80,312
23,583
1,191
3,936
6,614
14,709
13,953
3,967
82,208
23,778
1,572
4,173
6,695
14,716
15,068
4,017
82,824
23,460
1,267
4,166
6,994
14,635
15,877
4,130
See footnotes at end of tables.
r
85,191
24,339
1,405
r
4,270
r
6,918
15,681
15,729
r
4,231
r
86,578
24,404
1,759
4,389
7,062
15,789
16,164
4,429
July
S-4
August 1983
SURVEY OF CURRENT BUSINESS
1982
1982
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
June
Annual
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
ll,769
23,448
r
14,242
r
13,039
r
73,234
11,954
32,681
24,749
14,810
13,408
74,914
r
5,284
26,788
21,612
r
5,176
5,603
28,352
23,018
5,334
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS t—Continued
Shipments (seas, adj.) t—Continued
By market category: t
Home goods and apparel
mil. $
Consumer staples
do..
Equipment and defense prod., exc. auto .... do..
Automotive equipment
do..
Construction materials and supplies
do..
Other materials and supplies
do..
Supplementary series:
Household durables
do..
Capital goods industries
do..
Nondefense
do..
Defense
do..
Inventories, end of year or month: t
Book value (unadjusted), total
Durable goods industries, total
Nondurable goods industries, total
Book value (seasonally adjusted), total t
By industry group:
Durable goods industries, total #
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products
By stage of fabrication: t
Materials and supplies
Work in process
Finished goods
Nondurable goods industries, total #
Food and kindred products
Tobacco products
Textile mill products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products
By stage of fabrication:
Materials and supplies
Work in process
Finished goods
By market category: t
Home goods and apparel
Consumer staples
Equip, and defense prod., exc. auto
Automotive equipment
Construction materials and supplies
Other materials and supplies
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense
135,915
'355,359
'305,123
1
137,770
1
149,156
'934,222
' 130,888
'367,743
'290,655
'130,758
'135,945
'854,130
10,878
31,177
24,347
12,206
11,369
73,143
11,147
30,801
24,129
12,295
11,676
72,369
11,213
30,408
23,637
12,338
11,552
70,868
11.092
31,456
24,421
11,109
11,402
70,978
10,904
30,345
23,395
9,625
11,208
68,717
10,676
30,592
23,506
9,822
11,226
68,496
10,395
30,792
23,805
10,445
11,048
68,058
11,276
30,811
23,426
12,501
12,433
67,792
11,415
31,501
23,061
13,474
12,026
66,604
11,208
32,055
23,797
12,902
12,291
69,550
11,716
31,133
23,992
13,139
12,333
71,059
1
61,152
345,885
'297,788
'48,097
'57,753
'327,792
'271,379
'56,413
4,859
27,836
22,955
4,881
5,041
27,442
22,584
4,858
4,760
26,577
21,811
4,766
4,927
27,111
22,130
4,981
4,828
26,220
21,210
5,010
4,683
26,279
21,311
4,968
4,449
26,532
21,455
5,077
4,976
26,339
21,196
5,143
4,910
26,017
20,762
5,255
4,971
27,153
22,037
5,116
5,252
27,402
22,131
5,271
1
do..
282,333
264,902 274,912 274,629 273,809 271,675 270,786 267,920 264,902 262,117 260,856 257,304 257,397
do..
do..
do..
do..
186,222
6,445
25,509
13,194
175,200 182,811 182,099 181,543 180,520 179,675 177,061 175,200 172,506 171,572 169,377 169,814 r170,734 169,617
r
5,962
6,103
6,039
6,084
6,076
6,070
6,036
5,962
5,724
5,751
5,786
5,783
5,727
5,699
21,306 24,155 23,858 23,545 23,271 22,964 22,375 21,306 20,674 20,592 20,174 20,543 r20,563 20,302
r
10,603 12,547 12,367 12,075 11,847 11,664 11,322 10,603 10,062
9,945
9,770 10,008
9,961
9,799
do..
do..
do..
do..
do..
do..
20,332
43,494
28,474
37,539
9,054
9,755
17,746
40,153
26,713
40,491
8,308
9,308
19,675
43,094
27,504
38,467
8,523
9,578
19,327
42,977
27,353
38,730
8,660
9,589
19,232
42,656
27,307
39,080
8,436
9,572
19,106
41,982
27,098
39,381
8,313
9,565
18,671
41,945
27,026
39,612
8,196
9,538
18,068
40,979
27,095
39,426
7,952
9,418
17,746
40,153
26,713
40,491
8,308
9,308
17,444
39,539
26,589
39,917
8,063
9,047
17,310
39,234
26,287
39,771
8,175
8,954
17,121
38,636
26,085
39,150
8,144
8,830
17,264
38,269
26,165
39,278
8,367
8,927
do..
do..
do..
57,953
81,107
47,162
52,543
77,908
44,749
55,618
79,802
47,391
55,354
79,044
47,701
54,927
78,891
47,725
54,355
78,776
47,389
53,969
78,973
46,733
53,100
78,308
45,653
52,543
77,908
44,749
51,453
77,141
43,912
51,410
76,420
43,742
50,016
75,896
43,465
50,268
76,018
43,528
do..
do..
do..
do..
do..
do..
do..
do..
96,111
21,382
4,338
6,836
8,641
22,011
10,689
6,557
89,702
20,680
4,370
6,164
8,607
19,898
9,411
5,824
92,101
20,713
4,683
6,312
8,592
21,097
9,157
6,256
92,530
21,091
4,843
6,373
8,569
21,090
9,259
6,101
92,266
21,225
4,642
6,344
8,593
20,948
9,349
6,049
91,155
20,896
4,489
6,314
8,657
20,625
9,326
5,916
91,111
20,820
4,374
6,261
8,687
20,635
9,357
5,984
90,859
20,808
4,419
6,261
8,693
20,255
9,740
5,874
89,702
20,680
4,370
6,164
8,607
19,898
9,411
5,824
89,611
20,855
4,503
6,195
8,534
19,503
9,685
5,666
89,284
20,733
4,549
6,127
8,483
19,434
9,782
5,670
87,927
20,654
4,596
6,180
8,370
19,364
8,855
5,629
87,583
20,536
4,707
6,225
8,304
19,401
8,588
5,638
r
87,415
20,496
r
4,609
r
6,349
r
8,347
r
19,267
r
8,584
r
5,656
87,574
20,357
4,718
6,494
8,335
19,248
8,477
5,676
do..
do..
do..
37,726
15,995
42,390
35,140
14,241
40,321
36,632
15,301
40,168
36,646
15,364
40,520
36,389
15,306
40,571
35,801
14,949
40,405
35,465
14,772
40,874
35,509
14,608
40,742
35,140
14,241
40,321
35,360
14,378
39,873
35,257
14,477
39,550
34,815
14,164
38,948
34,722
14,347
38,514
r
34,592
14,174
r
38,649
35,139
14,143
38,292
do..
do..,
do..
do..
do...
do...
22,226
33,997
76,449
11,395
21,464
116,802
do..
do..
do..
do..
10,894
86,301
72,915
13,386
r
258,149 257,191
17,310
r
38,197
r
26,424
r
39,826
8,466
r
8,965
17,382
37,902
26,624
39,110
8,399
8,864
r
50,209
75,852
43,556
50,582
76,686
43,466
r
r
r
20,244 21,261 21,297 21,093 20,932 20,780 20,472 20,244 20,091 19,889 19,737 19,800 19,893 20,098
33,266 33,726 34,274 34,235 33,652 33,589 33,485 33,266 33,452 33,307 33,192 32,998 r32,982 33,005
76,504
77,660 77,509 77,609 77,326 77,442 76,747 76,504
75,573 74,873 73,963 73,713 r74,126 73,107
10,473
10,816 10,877 10,637 10,404 10,347 10,074 10,473 10,207 10,260 10,123 10,297 10,509 10,424
18,928
19,969 19,741 19,747 19,579 19,400 19,189 18,928
18,459 18,567 18,607 18,604 18,545 18,786
105,487 111,480 110,931 110,488 109,782 109,228 107,953 105,487 104,335 103,960 101,682 101,985 102,094 101,771
9,895
86,280
70,297
15,983
10,532
87,299
72,868
14,431
10,567
87,211
72,774
14,437
10,424
87,535
72,835
14,700
10,417
87,137
72,098
15,039
10,265
87,305
71,971
15,334
10,040
86,604
71,036
15,568
9,895
86,280
70,297
15,983
9,908
85,473
68,935
16,538
9,802
84,908
68,407
16,501
9 666
83J40
66,916
16,824
9,749
83,447
66,597
16,850
r
9,786
84,006
66,766
17,240
r
r
9,799
83,089
65,997
17,092
2,015,089 1,888,448 165,156 144,954 150,994 163,475 159,054 150,600 155,180 154,561 160,300 172,686 167,206 168,612 182,043
1,004,703 901,237
78,961 66,443 67,629 75,955 75,559 69,483 76,245 77,665 79,059 87,411 84,710 r83,63l 92,732
1,010,386 987,211 86,195 78,511 83,365 87,520 83,495 81,117 78,935 76,896 81,241 85,275 82,496 r84,981 89,311
do... '2,015,089 '1,888,448 159,986 158,913 155,700 156,572 152,362 152,604 157,382
See footnotes at end of tables.
r
261,987 275,461 273,877 272,635 269,207 268,917 266,310 261,987 262,428 262,695 259,430 260,170 r260,480 257,703
172,615 183,581 181,969 181,159 178,831 177,979 175,402 172,615 172,243 173,009 171,120 171,819 r172,589 170,394
89,372 91,880 91,908 91,476 90,376 90,938 90,908 89,372 90,185 89,686 88,310 88,351 r87,89l 87,309
New orders, net (seas, adj.), total t
By industry group:
Durable goods industries, total
Primary metals
Blast furnaces, steel mills
Nonferrous and other primary met
By market category: t
Home goods and apparel
Consumer staples
Equip, and defense prod., excl. auto
Automotive equipment
Construction materials and supplies
Other materials and supplies
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense
r
279,454
183,616
95,838
do..
do..
do..
Nondurable goods industries, total
Industries with unfilled orders i
Industries without unfilled orders |j
r
32,423
r
do..
do..
do..
New orders, net (not seas, adj.), total t
Durable goods industries, total
Nondurable goods industries, total
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft, missiles, and parts
r
do.. '1,004,703
do... '138,968
do...
'69,302
do..
'57,310
162,871 157,757 162,587 166,331 170,086 176,782
'901,237
'100,876
'43,405
'48,201
76,157
8,935
3,831
4,199
75,563
8,673
3,865
3,922
72,965
8,323
3,575
4,030
72,348
8,054
3,294
4,096
70,735
7,116
2,810
3,658
71,067
7,670
3,005
3,980
76,180
7,212
2,684
3,854
82,355
8,708
3,526
4,347
77,449
9,911
4,277
4,839
79,951
9,183
3,777
4,553
83,407
8,952
3,481
4,519
r
84,773
r
9,963
r
4,173
r
4,714
89,891
9,841
3,834
4,910
1
106,782
'162,913
'147,073
'200,931
'68,008
9,324
12,937
12,029
17,337
5,223
9,148
12,880
12,514
17,178
4,882
9,003
12,643
11,782
16,229
5,090
8,788
13,401
12,099
14,444
3,841
8,376
13,409
11,945
14,804
5,436
8,109
12,773
12,292
15,150
5,483
7,761
11,967
12,934
21,399
6,598
9,229
12,708
12,213
23,105
9,616
9,024
12,252
12,398
17,708
5,206
9,715
14,330
12,526
17,953
5,946
9,366
14,806
13,181
20,226
7,162
10,035
15,030
13,849
18,621
r
4,349
10,315
14,666
13,719
23,313
8,397
r
85,313
18,225
r
67,088
86,891
18,719
68,172
12,210
32,439
r
23,708
14,303
12,776
r
74,650
11,987
32,647
27,115
15,023
13,441
76,569
do...
do..
do..
do..
do..
'122,412
'200,491
'144,712
'203,724
'64,123
do..
do..
do..
'1,010,386
'204,094
'806,292
'987,211
'202,437
'784,774
83,829
16,725
67,104
83,350
16,576
66,774
82,735
16,962
65,773
84,224
17,141
67,083
81,627
16,691
64,936
81,537
17,243
64,294
81,202
17,374
63,828
80,516
17,504
65,171
80,308
17,196
63,112
82,636
18,082
64,554
82,924
17,886
65,038
do...
do...
do...
do...
do...
do...
'135,936
'355,532
'306,317
'137,719
'148,570
'931,015
'130,192
'367,750
'288,228
'129,645
'131,667
'840,966
11,256
31,200
23,488
12,082
11,001
70,959
10,744
30,738
22,245
12,460
11,470
71,256
11,027
30,383
21,566
11,744
11,183
69,797
10,837
31,478
21,771
11,400
11,250
69,836
10,790
30,368
22,860
9,636
10,937
67,771
10,718
30,595
22,876
9,717
10,534
68,164
10,507
30,829
27,075
10,632
10,186
68,153
11,375
30,789
26,130
12,691
12,371
69,515
11,557
31,487
21,598
13,331
11,798
67,986
11,101
32,036
22,261
12,806
12,815
71,568
11,702
31,133
26,718
13,417
12,219
71,142
do...
do...
do...
do...
'61,174
'347,744
'288,704
'59,040
'57,162
'323,386
'248,240
'75,146
5,218
25,926
19,932
5,994
4,669
25,126
19,931
5,195
4,585
24,397
18,741
5,656
4,685
23,855
20,217
3,638
4,778
25,748
20,127
5,621
4,699
25,646
19,983
5,663
4,512
30,886
19,679
11,207
5,038
30,075
20,507
9,568
5,007
24,494
19,175
5,319
4,940
26,601
20,032
6,569
5,249
29,671
22,592
7,079
r
r
5,701
r
27,084
r
22,302
r
4,782
5,608
31,588
23,265
8,323
July
August 1983
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
S-5
1983
1982
1982
June
Annual
July
Aug.
Sept.
Nov.
Oct.
Jan.
Dec.
Mar.
Feb.
Apr.
May
June
July
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS t—Continued
Unfilled orders, end of year or month (unadjusted),
total t
mil. $.
Durable goods industries, total
do...
Nondur. goods ind. with unfilled orders $
do...
321,402
311,635
9,767
299,731 312,608 308,204 302,153 298,080 297,647 294,619 299,731 307,683 308,490 311,178 313,705 rr313,160 314,142
290,757 303,637 299,441 293,401 289,196 288,861 285,883 290,757 298,447 299,227 301,397 303,720 303,078
303,989
8,971
8,763
8,974
9,236
9,263
9,781
9,985 r 10,082 10,153
8,974
8,752
8,884
8,786
8,736
323,346
300,971 313,384 309,880 305,564 301,678 299,846 298,132 300,971 305,599 305,268 306,053 309,015 r310,945 315,211
313,337
26,304
15,779
7,403
28,784
73,517
54,037
115,556
88,640
10,009
291,764 304,409 301,116 296,831 292,760 291,017 289,079 291,764 296,374 296,049 296,407 299,270 r301,076
305,033
20,160 22,422 22,358 21,987 21,656 20,931 20,864 20,160 20,627 22,308 22,567 22,561 rr 23,042 23,288
11,891 13,111 13,218 13,095 12,796 12,492 12,370 11,891 12,168 13,204 13,388 13,281 13,672
13,578
r
6,130
6,698
6,549
6,479
6,569
6,339
6,130
6,296
6,944
6,982
7,067
7,079
7,344
6,242
r
21,531 26,165 25,431 24,786 24,127 23,599 22,626 21,531 21,403 21,052 21,255 21,003 r 20,961 21,192
55,697 64,640 62,693 60,853 59,306 58,874 57,524 55,697 54,703 53,859 53,999 54,690 r55,287 55,331
60,600 56,906 57,239 57,339 57,787 58,303 59,223 60,600 60,828 61,246 61,408 61,967 63,078 63,411
120,898 119,944 119,460 118,172 116,140 115,779 115,619 120,898 126,003 124,576 123,997 125,463 rr124,783 127,479
92,669 93,992 93,558 93,414 91,936 91,801 91,806 92,669 96,483 95,883 95,873 97,112 95,954 98,101
9,207
8,975
8,764
9,207
8,733
8,918
8,829
9,053
9,225
9,219
9,646
9,745 r9,869 10,178
do...
do...
do...
do...
5,251
192,213
17,125
108,757
5,079
4,272
4,613
4,402
4,169
4,272
4,350
4,473
4,078
4,123
4,348
4,334 r 4,790
4,786
188,308 192,853 191,134 188,469 186,110 185,586 184,851 188,308 191,201 189,596 187,963 190,969 r191,286
193,867
12,769 15,321 15,115 14,746 14,594 14,323 13,631 12,769 12,707 12,478 13,003 12,889 r12,627 12,659
95,622 100,131 99,018 97,947 96,805 95,859 95,527 95,622 97,341 98,721 100,739 100,823 102,242 103,899
do...
do...
do...
do...
3,909
224,377
146,301
78,076
3,792
3,032
3,420
3,245
2,969
3,032
3,095
3,189
3,159
3,003
2,953
3,156 r 3,572
3,576
219,633 224,136 221,820 219,640 216,384 215,912 215,279 219,633 223,367 221,843 221,290 223,562 rr223,854 227,092
122,942 134,765 132,112 129,042 127,129 126,046 124,718 122,942 122,251 120,664 118,658 119,122 r l 19,808 120,058
96,691 89,371 89,708 90,598 89,255 89,866 90,561 96,691 101,116 101,179 102,632 104,440 104,046 107,034
New incorporations (50 States and Dist. Col.):
Unadjusted
number
Seasonally adjusted
do..
581,242
566,942
Unfilled orders, end of year or month (seasonally
adjusted) total t
mil. $.
By industry group:
Durable goods industries, total #
do...
Primary metals
do...
Blast furnaces, steel mills
do...
Nonferrous and other primary met
do...
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft, missiles, and parts
do...
do...
do...
do...
do...
Nondur. goods ind. with unfilled orders $.. do....
By market category: t
Home goods, apparel, consumer staples
Equip, and defense prod., incl. auto
Construction materials and supplies
Other materials and supplies
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense
BUSINESS INCORPORATIONS @
48,876
45,936
45,282
44,525
45,572
46,981
45,461
45,552
45,029
45,530
44,354
48,474
59,750
57,507
48,099
49,999
43,756
48,296
53,796
48,032
49,294
48,903
INDUSTRIAL AND COMMERCIAL
FAILURES @
Failures, total
number.
Commercial service
do...
Construction
do...
Manufacturing and mining
do...
Retail trade
doWholesale trade
do...
Liabilities (current), total
thous. $.
Commercial service
do...
Construction
do...
Manufacturing and mining
do...
Retail trade
do...
Wholesale trade
do...
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns.
16,794
2,366
3,614
2,224
6,882
1,708
6,955,180
1,045,825
851,780
2,370,415
1,558,528
1,128,632
X
61.3
COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS U
1910-14=100..
633
609
629
624
607
620
586
587
579
585
604
611
622
624
r
Crops #
Commercial vegetables
Cotton
Feed grains and hay
Food grains
Fruit
Tobacco
do....
do
do. ..
do....
do....
do....
do....
580
677
566
446
456
481
1,363
524
630
467
378
401
649
1,489
541
643
490
403
388
615
1,469
541
622
506
385
374
756
1,400
507
519
446
363
376
683
1,517
538
499
469
347
383
1,085
1,552
491
521
505
328
388
718
1,530
505
625
506
346
393
667
1,521
494
575
484
362
398
543
1,521
492
526
473
375
404
499
1,530
509
624
476
401
405
479
1,521
523
705
506
415
412
443
1,517
549
749
504
447
425
456
1,517
558
701
521
465
425
467
1,526
r
Livestock and products #
Dairy products
Meat animals . .
.
Poultry and eggs
do
do....
do
do....
688
842
848
264
696
831
876
252
720
807
936
247
710
807
912
252
712
813
922
239
706
832
895
252
685
844
851
251
671
850
823
246
669
850
828
232
682
844
857
231
705
844
893
244
703
832
895
242
698
826
891
236
691
813
874
252
Prices paid:
Production items
do....
All commodities and services, interest, taxes, and
wage rates (parity index)
1910-14=100..
855
864
873
873
871
865
859
860
859
869
875
880
887
890
1,035
1,071
1,076
1,079
1,079
1,077
1,073
1,075
1,073
1,083
1,088
1,091
1,096
1,100
do....
61
57
58
58
56
58
55
55
54
54
56
56
57
57
ALL ITEMS, WAGE EARNERS AND
CLERICAL WORKERS, REVISED
(CPI-W)
1967= 100..
272.3
288.6
290.1
291.8
292.4
292.8
293.6
293.2
292.0
292.1
292.3
293.0
294.9
272.4
289.1
290.6
292.2
292.8
293.3
294.1
293.6
292.4
2
293.1
293.2
293.4
258.5
270.6
270.9
273.3
288.4
286.8
273.8
289.7
288.4
275.3
291.5
289.9
275.7
292.5
290.5
276.9
292.9
290.8
277.9
294.0
291.5
278.1
293.6
290.8
278.2
292.1
289.5
278.5
2
292.6
2
290.0
278.5
292.6
290.0
278.7
292.4
290.1
Prices received, all farm products
Parity ratio §
611
599
545
694
r
516
r
460
r
397
449
1,521
533
600
477
463
382
390
1,521
r
r
r
r
679
807
848
257
667
807
821
262
890
883
l,102
1,099
r
55
55
296.3
297.2
298.2
295.5
297.1
298.1
299.3
280.8
294.7
292.3
282.4
296.5
293.9
283.4
297.8
294.9
284.5
299.3
296.0
CONSUMER PRICES
(U.S. Department of Labor Indexes)
Not Seasonally Adjusted
ALL ITEMS, ALL URBAN CONSUMERS
(CPI-U)
1967=100..
Special group indexes:
All items less shelter
do....
All items less food
do....
All items less medical care
do....
See footnotes at end of tables.
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
Annual
August 1983
June
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
COMMODITY PRICES—Continued
CONSUMER PRICES—Continued
(U.S. Department of Labor Indexes)—Continued
Not Seasonally Adjusted
All items (CPI-U)—Continued
Commodities
1967= 100.
Nondurables
do...
Nondurables less food
do...
Durables
do...
Commodities less food
do...
Services
do...
Services less rent
do...
Food #
do...
Food at home
do...
Housing
do...
Shelter #
do...
Rent, residential
do...
Homeownership
do...
Fuel and utilities #
do...
Fuel oil, coal, and bottled gas
do...
Gas (piped) and electricity
do...
Household furnishings and operation
do...
Apparel and upkeep
Transportation
Private
New cars
Used cars
Public
Medical care
do...
do...
do...
do...
do...
do...
do...
253.6
266.3
257.5
227.1
241.2
305.7
324.3
274.6
269.9
263.8
273.6
261.6
241.1
250.9
333.3
354.2
265.1
274.4
261.2
243.2
251.9
334.9
356.5
266.5
275.7
263.0
244.7
253.5
337.0
358.5
266.4
275.5
263.6
244.6
253.8
338.9
360.5
266.6
276.2
264.6
244.1
253.9
339.7
361.3
267.5
276.5
265.7
246.0
255.4
•340.3
361.6
267.8
276.4
266.1
246.6
256.0
338.6
359.3
267.7
275.8
264.7
247.3
255.8
335.6
355.5
'267.2
275.2
262.4
'247.3
'254.4
'337.9
(2)
266.7
274.6
260.5
247.1
253.2
338.9
266.7
274.4
258.9
247.4
252.4
339.4
269.2
277.3
263.0
248.7
255.4
341.2
270.9
279.3
266.3
249.5
257.6
342.6
271.6
279.7
267.3
251.2
258.9
344.0
272.5
280.3
268.4
252.9
260.2
345.6
285.7
279.2
287.8
282.6
288.5
282.8
287.4
280.8
287.6
280.6
287.0
279.4
286.4
278.3
286.5
277.8
288.1
279.3
289.0
280.3
290.5
281.9
291.9
283.4
292.4
283.8
292.0
283.0
292.0
282.8
293.5
314.7
208.2
352.7
319.2
675.9
345.9
221.3
314.7
337.0
224.0
376.8
350.8
667.9
393.8
233.2
317.5
340.9
222.6
382.8
352.2
656.6
398.9
233.7
319.2
342.8
224.8
384.5
354.7
659.9
402.1
234.1
320.1
344.2
226.0
385.9
356.3
659.9
404.4
233.4
319.7
342.6
226.9
383.0
359.5
662.8
409.2
234.2
320.7
342.8
228.9
382.8
363.4
677.2
413.4
235.4
319.0
340.7
230.2
379.5
362.2
691.3
407.6
235.1
316.3
335.9
230.8
372.9
364.1
688.5
410.6
235.7
'317.9
'338.3
232.2
(2)
365.4
671.1
413.5
'235.8
318.5
339.2
233.1
318.6
339.3
233.6
320.3
341.7
234.5
321.8
342.7
235.1
323.1
343.6
235.9
324.5
345.3
237.1
'364.6
654.0
414.5
236.7
"363.8
625.3
418.0
237.6
"363.6
610.6
420.5
239.0
"369.3
621.0
429.1
238.4
373"6
620.0
437.4
238.6
619.3
440.5
238.9
186.9
280.0
277.5
190.2
256.9
312.0
294.5
191.8
291.5
287.5
197.6
296.4
346.0
328.7
190.8
292.8
288.9
198.1
298.2
345.6
326.4
189.7
296.1
292.3
198.6
302.4
347.2
330.0
191.8
296.2
292.4
198.7
304.4
348.1
333.3
194.9
295.3
291.1
197.7
304.6
353.3
336.0
195.5
295.5
291.1
197.7
306.7
356.3
338.7
195.4
295.8
291.4
199.0
310.5
356.0
342.2
193.6
294.8
290.4
200.1
312.6
355.6
344.3
191.0
293.0
288.4
201.0
311.0
357.7
347.8
192.0
289.9
285.2
201.3
309.1
355.2
351.3
194.5
287.4
282.7
201.2
309.3
354.5
352.3
195.5
292.3
287.5
201.1
312.7
361.1
353.5
196.1
296.2
291.7
201.6
317.1
359.2
354.3
195.6
298.3
293.8
201.6
322.7
361.2
355.4
195.0
300.4
296.0
201.4
329.6
363.2
357.7
1.1
264.3
251.2
287.1
281.5
0.6
265.8
253.0
287.6
281.5
0.3
266.0
253.6
286.9
279.9
0.1
266.4
253.8
287.5
280.2
0.4
267.9
255.6
288.1
280.5
0.0
268.1
255.9
288.2
280.1
-0.3
268.4
256.3
288.1
279.4
'0.2
'268.1
'255.6
288.3
279.5
-0.2
266.3
253.0
288.3
279.4
0.1
266.8
252.8
290.1
281.8
0.6
268.4
254.5
291.3
282.9
0.5
270.4
257.1
292.2
283.8
0.2
270.8
258.2
291.3
282.0
0.4
271.8
259.7
291.0
281.6
Seasonally Adjusted @
All items, percent change from previous month
Commodities
1967=100.
Commodities less food
do...
Food
do...
Food at home
do...
Apparel and upkeep
do..
191.5
192.2
192.7
192.8
193.3
193.2
192.7
193.2
194.2
194.1
194.5
195.8
196.5
197.7
Transportation
Private
New cars
do...
do...
do...
291.5
287.7
197.2
294.1
290.4
198.0
295.3
291.6
199.2
295.6
291.6
199.6
296.4
292.3
199.2
296.0
291.8
198.7
295.8
291.7
199.3
293.9
289.4
199.4
289.1
284.4
201.1
289.0
284.4
202.6
292.1
287.2
201.3
295.8
291.3
200.6
297.1
292.6
200.8
298.6
294.0
200.8
Services
do...
334.9
336.8
338.9
PRODUCER PRICES §
(U.S. Department of Labor Indexes)
Not Seasonally Adjusted
All commodities
1967 = 100.
By stage of processing: t
Crude materials for further processing
do...
Intermediate materials, supplies, etc
do...
Finished goods #
do...
Finished consumer goods
do...
Capital equipment
do...
By durability of product:
Durable goods
do...
Nondurable goods
do...
Total manufactures
do...
Durable manufactures
do...
Nondurable manufactures
do...
293.4
299.3
299.3
300.4
300.2
299.3
299.8
300.3
300.7
299.9
300.9
r
300.6
300.8
301.7
302.5
303.2
329.0
306.0
269.8
271.3
264.3
319.5
310.4
280.7
281.0
279.4
325.6
309.9
279.9
280.1
279.2
323.4
311.1
281.7
282.1
280.2
319.8
310.8
282.3
282.8
280.7
316.1
310.5
281.2
281.9
278.7
312.0
309.9
284.1
284.3
283.2
313.2
309.9
284.9
285.3
283.8
312.7
310.1
285.5
285.6
284.9
313.9
309.2
283.9
283.5
285.2
320.2
309.9
284.1
283.7
285.6
r
321.6
r
309.5
283.4
r
282.7
r
285.6
325.7
309.1
283.0
282.0
286.5
325.7
310.1
284.3
283.5
286.8
323.2
311.7
285.0
284.4
286.9
320.6
313.0
285.7
285.2
287.4
269.8
312.4
286.0
269.6
303.6
279.0
315.3
292.7
279.8
306.4
278.3
316.0
292.4
279.3
306.3
278.9
317.6
293.7
279.9
308.5
278.8
317.1
293.8
279.8
308.6
278.6
315.7
292.9
279.6
307.1
281.2
314.3
293.8
282.3
306.0
281.2
315.3
293.9
282.4
306.1
282.0
315.3
294.3
283.2
305.9
282.6
313.3
293.5
283.7
303.8
284.8
313.4
293.9
285.7
302.5
r
284.6
313.0
293.2
285.3
r
301.4
285.1
312.8
292.9
285.8
300.2
285.9
313.9
293.9
286.6
301.4
286.4
315.0
295.1
287.0
303.6
287.3
315.5
296.1
287.9
304.7
r
r
r
Farm prod., processed foods and feeds.....
Farm products
Foods and feeds, processed
do...
do...
do...
251.5
254.9
248.7
248.9
242.4
251.5
255.3
252.7
255.8
252.4
246.6
254.6
249.6
240.8
253.5
247.4
234.5
253.5
243.8
229.2
250.8
243.9
230.7
250.2
244.8
232.6
250.5
245.8
233.2
251.7
250.4
240.7
254.7
r
250.6
r
241.5
r
254.5
254.7
250.5
256.0
254.7
250.3
256.1
252.4
247.3
254.2
251.6
244.3
254.6
Industrial commodities
do...
304.1
312.3
310.6
312.8
313.2
312.7
314.3
315.0
315.2
313.9
313.9
r
313.5
312.6
313.8
315.4
316.6
do...
do...
do...
do...
do...
do...
do...
287.8
694.4
198.4
261.5
292.8
263.1
300.4
292.3
693.2
206.9
262.6
284.7
278.8
301.6
293.3
677.3
207.0
261.8
289.0
278.6
299.3
291.6
701.1
206.8
263.1
288.6
279.6
299.5
291.6
705.6
208.1
262.0
284.2
279.9
299.2
290.7
700.4
208.3
263.5
283.0
280.2
301.8
289.9
698.8
208.9
263.2
279.4
281.1
301.6
290.5
706.1
208.9
263.2
279.9
281.8
300.5
289.6
703.4
209.2
264.1
285.6
282.4
299.9
289.3
683.6
210.7
266.7
293.3
283.3
300.3
290.5
668.6
212.5
264.3
303.1
284.3
304.7
r
289.8
r
658.0
r
212.3
r
264.9
r
305.8
r
284.7
r
304.4
291.3
648.1
213.1
267.1
305.4
284.9
305.3
291.3
654.8
213.3
270.1
306.2
285.6
306.7
291.3
668.7
213.6
270.6
312.5
285.8
306.4
291.3
671.6
214.4
272.7
314.5
286.9
307.4
Nonmetallic mineral products
do...
Pulp, paper, and allied products
do...
Rubber and plastics products
do...
Textile products and apparel
do...
Transportation equipment # ....Dec. 1968=100.
Motor vehicles and equip
1967=100.
309.5
273.7
232.8
199.6
235.4
237.5
320.2
288.7
241.4
204.6
249.7
251.3
320.9
289.5
242.5
205.0
249.1
251.1
321.1
289.1
242.0
204.1
249.8
252.0
320.5
289.3
242.6
204.2
250.6
252.8
321.2
289.4
242.5
204.3
244.5
244.6
321.1
289.8
242.2
204.1
256.0
257.8
321.2
289.8
241.7
203.9
256.3
257.8
320.5
290.5
242.2
202.6
257.5
258.1
321.5
293.6
242.9
202.7
256.3
257.0
322.3
294.2
242.3
202.6
255.8
256.3
r
323.7
295.1
242.2
203.3
255.6
255.9
324.2
295.7
242.9
203.9
256.0
256.2
324.6
296.7
242.7
204.5
256.3
256.6
325.4
297.7
244.4
205.1
256.4
256.7
1.0
0.5
0.5
0.1
0.4
0.6
0.3
-1.1
0.2
-0.3
-0.1
0.3
0.5
0.1
316.6
311.8
286.4
287.0
258.8
296.7
230.4
346.4
284.4
315.8
310.1
283.3
283.1
258.3
290.8
229.6
337.3
283.9
316.8
309.8
283.8
283.4
260.9
290.0
232.2
333.7
285.0
318.9
308.6
283.0
r
282.2
r
261.4
r
288.0
r
232.6
r
329.7
r
285.8
323.9
307.6
282.8
282.0
264.2
286.6
232.4
326.7
285.9
323.9
308.9
283.7
282.9
262.9
288.2
232.6
330.0
286.6
323.5
311.4
285.0
284.4
261.2
291.3
233.7
334.6
287.3
319.7
312.2
285.3
284.6
259.6
292.5
233.8
336.8
287.7
0.350
0.342
0.352
'0.341
0.352
0.341
0.353
0.341
0.353
0.338
0.352
0.337
0.351
0.335
0.350
0.334
Chemicals and allied products
Fuels and related prod., and power
Furniture and household durables
Hides, skins, and leather products
Lumber and wood products
Machinery and equipment
Metals and metal products
322.0
294.8
'241.8
r
203.4
r
255.2
r
255.4
r
Seasonally Adjusted £
Finished goods, percent change from previous
month
By stage of processing: t
Crude materials for further processing 1967=100.
Intermediate materials, supplies, etc
do...
Finished goods #
do...
Finished consumer goods
do...
Food
do...
Finished goods, exc. foods
do...
Durable
do...
Nondurable
do...
Capital equipment
do...
325.8
309.7
279.9
280.0
263.5
284.6
226.8
327.7
279.5
322.1
310.3
281.2
281.5
259.2
288.5
227.4
334.3
280.5
319.1
310.3
282.5
282.6
259.4
290.1
228.6
336.2
282.3
315.4
310.8
282.8
283.0
258.3
291.2
227.8
338.6
281.9
314.3
310.9
283.8
284.4
258.2
293.2
228.5
341.7
282.0
317.3
311.7
285.5
286.2
258.2
295.8
229.8
345.3
283.1
0.357
0.344
0.355
0.342
0.354
0.342
0.356
0.341
0.352
0.340
0.351
0.341
r
r
PURCHASING POWER OF THE DOLLAR
As measured by:
Producer prices
Consumer prices
See footnotes at end of tables.
1967 = $1.00.
do...
0.371
0.367
0.356
0.346
August 1983
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1983
1982
June
Annual
S-7
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE
mil. $..
239,418
232,049
20,950
20,633
21,272
21,501
21,368
21,368
19,674
17,116
16,314
18,259
19,449
r
21,322
23,163
do....
do
do....
186,069
86,566
62,664
180,979
74,810
51,916
16,223
6,867
4,374
15,837
6,635
4,639
15,946
6,607
4,840
16,018
6,561
4,939
16,399
6,999
4,985
16,668
7,268
5,046
16,020
6,804
4,600
13,820
6,233
4,446
13,358
6,082
4,510
15,058
7,163
5,463
15,950
r
8,223
r
6,066
17,262
r
9,229
r
6,802
18,714
10,063
7,623
Nonresidential buildings, except farm and
public utilities total #
mil $
Industrial
do....
Commercial
do....
Public utilities:
Telephone and telegraph
do
60,818
17,030
34,248
65,134
17,343
37,284
5,832
1,569
3,362
5,684
1,502
3,312
5,770
1,479
3,339
5,726
1,455
3,337
5,851
1,571
3,303
5,758
1,440
3,295
5,334
1,344
3,019
4,823
1,112
2,818
4,553
1,039
2,663
4,793
1,117
2,751
4,733
1,074
2,770
New construction (unadjusted), total
Private, total #
Residential
New housing units
r
4,797
1,068
r
2,812
5,168
1,176
3,048
7 074
7 110
652
624
650
649
599
596
539
436
448
561
501
do....
53,349
51,070
4 727
4 795
5 326
5 483
4,969
4,700
3,654
3,296
2,956
3,200
3,499
r
4,060
4,449
Buildings (excluding military) #
Housing and redevelopment
Industrial
do...,
do....
do....
17,792
1,722
1,655
16,997
1,658
1,632
1,494
140
146
1,483
145
141
1,540
150
144
1,622
153
167
1,480
152
136
1,538
162
139
1,380
154
127
1,342
144
156
1,265
133
126
1,326
151
151
1,330
133
138
1,427
140
154
1,513
135
153
Military facilities
Highways and streets
do....
do....
1,964
13,599
2,205
13,521
169
1,496
202
1,573
216
1,741
245
1,692
184
1,646
217
1,318
191
727
180
573
194
489
198
558
212
770
200
1,115
185
1,355
259.7
Public, total #
Mew construction (seasonally adjusted at annual
rates), total
bil. $..
r
547
233.4
230 8
2316
230 7
234.1
243.7
240.2
247.9
243.0
241.9
245.5
r
do....
182 9
180 8
179 5
178 2
181.9
190.5
190.8
195.0
194.3
194.9
198.0
r
204.7
211.9
Residential
do....
New housing units
do....
Nonresidential buildings, except farm and
public utilities, total #
bil. $..
Industrial
do....
Commercial
do....
Public utilities:
Telephone and telegraph
do....
75.5
49.3
73.8
51.4
72.6
52.6
71.7
53.0
76.4
53.6
81.2
55.8
86.0
58.6
89.7
63.4
93.6
68.8
96.1
72.3
102.0
77.3
107.6
r
82.3
112.4
86.6
67.3
18.2
38.6
65.3
17.2
37.8
65.3
16.9
37.6
65.2
16.5
38.0
65.0
17.1
37.0
66.1
16.7
37.9
64.3
15.6
36.9
65.3
15.2
38.2
62.7
14.3
36.7
61.3
14.3
35.5
57.6
13.2
33.6
Private, total #
72
74
73
72
66
68
64
68
66
63
do....
50 4
50 0
52 2
52 5
52 2
53.2
49.4
52.9
48.7
47.0
Buildings (excluding military) #
Housing and redevelopment
Industrial
do....
do....
do....
17.1
1.7
1.6
16.6
1.7
1.7
17.1
1.8
1.8
17.2
1.8
1.6
17.3
1.8
1.9
17.7
1.9
2.0
16.8
1.8
1.5
18.1
1.8
1.8
17.9
1.8
1.8
Military facilities
Highways and streets
do....
do....
2.0
13.3
2.2
14.0
2.4
14.0
2.6
14.0
2.4
14.4
2.6
14.4
2.4
13.0
2.3
14.0
12,946
98
13,896
112
14,180
117
12,549
105
12,909
122
13,977
131
3,411
10 485
3,849
10 330
3,272
9 276
3,137
9,772
5,155
5,188
2,604
5,250
5,414
3,232
5,226
5,525
3,429
5,027
5,629
1,893
Public total #
253.2
r
57.6
13.0
r
33.3
63
r
59.8
13.7
35.2
66
47.5
r
48.5
47.9
17.2
1.9
1.8
16.8
1.6
1.6
17.4
1.7
1.8
17.3
1.6
1.7
2.4
12.5
2.5
11.9
2.8
12.9
2.3
13.0
2.2
12.4
11,376
127
11,310
119
16,171
131
16,336
129
18,934
148
20,339
151
17,028
137
2,835
11,142
2,958
8,418
2,538
8,772
3,917
12,254
3,735
12,602
4,479
14,455
5,070
15,270
4,162
12,866
4,520
5,628
2,761
3,975
5,184
4,818
4,459
4,970
1,947
4,214
4,775
2,321
5,438
7,762
2,971
4,549
7,667
4,120
5,246
8,235
5,453
6,334
10,158
3,847
5,312
8,471
3,246
CONSTRUCTION CONTRACTS
Construction contracts in 50 States (F.W. Dodge
Division, McGraw-Hill):
Valuation, total
mil. $..
Index (mo. data seas, adj.)
1977=100..
Public ownership
Private ownership
By type of building:
Nonresidential
Residential
Non-building construction
New construction planning
(Engineering News-Record) §
mil. $..
do....
153,480
110
154,619
111
14,758
111
38,956
114,524
41,347
113 273
r
4,277
1 0 481
r
r
3,666
9 280
r
r
r
r
r
r
do....
do
do....
60,088
60,164
33,228
59,208
58,076
37,336
do....
166,366
149,206
8,278
11,992
10,385
11,936
13,373
15,530
17,683
12,665
11,802
12,737
10,930
11,165
13,185
9,729
thous..
do....
do...
1,100.3
1,084.2
705.4
1,072.0
1,062.2
662.6
91.9
91.1
63.5
107.2
106.8
61.4
97.2
96.0
62.0
108.4
106.4
63.3
111.5
110.5
66.3
109.9
108.9
66.0
83.4
82.9
51.8
92.9
91.3
56.3
96.7
96.3
60.4
135.8
134.6
86.2
136.4
135.8
93.2
175.5
174.9
114.9
175.5
174.9
116.1
156.3
155.9
97.9
910
617
1,185
625
1,046
651
1,134
683
1,142
716
1,361
868
1,280
842
1,694
1,126
1,784
1,103
1,605
1,008
1,506
1,001
1,807
1,183
1,752
1,146
1,741
1,010
1,816
932
6,178
5,674
2,905
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total (private and public)
Privately owned
One-family structures
Seasonally adjusted at annual rates:
Total privately owned
One-family structures
do...
do...
New private housing units authorized by building
permits (16,000 permit-issuing places):
Monthly data are seas. adj. at annual rates:
Total
thous..
986
564
1,000
546
924
513
1,065
507
928
515
1,029
576
1,154
657
1,227
738
1,326
753
1,447
866
1,479
835
1,467
859
1,536
841
1,635
940
1,761
1013
thous..
do....
240.9
238.9
23.6
252
19.4
240
22.2
234
21.2
222
20.4
224
18.8
251
15.9
243
18.1
284
19.7
283
25.4
276
25.1
291
26.8
298
29.5
308
Dept. of Commerce composite
1977=100..
151.9
154.1
154.4
155.2
153.4
152.8
153.9
152.7
153.4
156.6
156.8
156.5
157.4
158.8
158.7
American Appraisal Co., The:
Average, 30 cities
Atlanta
New York
1913=100.
do...
do...
2,643
2,841
2,645
2,873
2 453
Manufacturers' shipments of mobile homes
Unadjusted
Seasonally adjusted at annual rates
CONSTRUCTION COST INDEXES
St Louis
do
Boeckh indexes:
Apartments, hotels, office buildings
Commercial and factory buildings
Residences
1977=100..
do....
do....
137.4
140.1
136.0
150.0
151.9
147 5
1967= 100..
do
310.3
328 9
330.6
356 1
329.4
355 2
Federal Highway Adm.—Highway construction:
Composite (avg. for year or qtr.)
1977=100..
156.7
146.8
146.8
Engineering News-Record:
Building
Construction
See footnotes at end of tables.
152.6
154 3
149 9
334.2
363 0
154.9
156.0
152.5
153.6
155.2
1512
334.3
363 0
335.0
363 3
147.8
334.8
363 2
335.6
364 8
340.0
367 7
146.1
342.0
368 7
157.7
161.7
155.4
155.8
159.7
153.5
155.7
159.2
153.1
347.5
372 5
348.1
372 9
148.1
347.4
372 5
347.9
372 6
162.0
164.4
157.8
r
353.5
379 2
143.1
2
357.3
382.7
2
S-8
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
August 1983
1982
June
July
Aug.
Sept.
1983
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
CONSTRUCTION AND REAL ESTATE—Continued
REAL ESTATE %
Mortgage applications for new home construction:
'•
u n j t
FHA' net• applications
thous.
units.
. do.
Seasonally adjusted annual rates
92.3
99.8
6.7
90
8.2
100
6.8
102
9.8
180
11.8
106
7.9
143
11.3
168
12.2
178
12.0
167
17.1
180
16.5
187
15.1
156
18.8
210
15.9
198
153.8
155.0
14.1
157
12.3
137
11.9
128
12.9
154
15.7
186
16.9
227
15.1
238
19.5
274
21.0
278
27.3
292
22.7
249
22.4
245
26.3
293
22.7
266
Home mortgages insured or guaranteed by:
Fed. Hous. Adm.: Face amount
mil. $. 10,278.14
Vet. Adm.: Face amount §
do... 7,905.93
8,087.07
5,428.27
716.28
443.89
653.80
438.90
592.51
552.50
772.41
743.54
724.61
385.69
771.21 1,083.56
454.78 563.89
914.79
630.80
66,004
69,398
69,325
68,399
67,642
67,077
66,308
62,365
Requests for VA appraisals
Seasonally adjusted annual rates
do...
do...
Federal Home Loan Banks, outstanding advances
to member institutions, end of period
mil. $.
New mortgage loans of all savings and loan
associations, estimated total
mil. $.
By purpose of loan:
Home construction
do...
Home purchase
do...
All other purposes
do...
65,194
66,004
1,100.29 2,026.13 2,447.06 1,637.70 3,944.14 2,464.19
961.02 1,243.48 1,189.71 1,910.77 1,541.01 1,223.94
61,004
60,024
59,371
r
58,628
58,800
10,945
13,648
53,283
54,298
5,006
4,101
4,543
5,112
4,724
5,314
8,451
5,869
6,415
10,076
10,436
11,599
28,299
13,385
11,765
21,779
20,754
1,052
2,080
1,874
859
1,921
1,321
981
1,962
1,600
1,154
1,988
1,970
1,125
1,786
1,813
1,194
1,938
2,182
1,719
2,714
4,018
1,152
2,173
2,544
1,340
2,249
2,826
2,163
3,438
4,475
2,266
3,823
4,347
2,239
r
4,415
r
4,291
2,475
5,643
5,530
r
58,264
DOMESTIC TRADE
ADVERTISING
Magazine advertising (Publishers Information
j3U.rG3.ll)!
mil. $..
do....
do....
do....
do
do....
3,256.9
143.4
291.7
59.3
320.4
234.4
3,421.2
154.4
330.0
52.3
329.3
261.3
262.7
5.5
17.0
4.4
28.7
22.8
210.7
7.6
21.2
3.7
22.6
20.9
211.6
13.0
20.1
3.0
23.5
15.8
307.5
23.2
17.9
6.9
30.4
22.3
351.1
17.2
36.8
5.1
30.3
26.9
397.6
16.7
46.2
4.1
28.5
34.3
285.5
11.9
26.9
2.7
24.7
20.8
229.2
8.8
19.3
3.4
20.1
14.2
275.9
10.3
32.0
2.6
27.1
23.7
320.6
20.4
35.8
3.7
31.6
23.9
330.9
17.3
36.2
5.0
36.2
20.7
374.7
15.7
45.6
7.0
39.5
24.9
295.5
9.0
34.6
2.5
30.8
21.6
do....
do....
do....
do....
do....
do....
256.9
167.9
67.7
29.7
316.6
1,368.9
258.1
146.7
50.9
26.5
358.0
1,450.6
23.2
9.6
3.5
2.3
28.2
117.5
16.1
8.5
3.2
1.4
27.2
66.6
12.2
6.7
3.2
1.7
31.0
82.8
19.5
17.1
3.9
2.1
32.0
132.1
24.3
16.0
3.7
3.2
34.2
153.1
32.6
17.5
4.4
2.5
38.7
172.0
34.8
10.8
2.4
1.1
32.7
116.7
10.2
8.0
2.3
1.3
31.4
110.1
13.6
8.0
2.3
2.0
31.4
122.9
19.6
12.2
3.1
1.9
34.9
133.5
19.6
17.2
3.3
2.6
36.0
136.8
20.5
19.6
4.4
2.6
38.2
156.3
21.5
11.5
2.9
1.5
36.4
121.6
Newspaper advertising expenditures (Media
Records Inc.):
Total
mil. $..
Automotive
do....
Classified
do....
Financial
do....
General
do....
Retail
do
9,575.4
225.6
2,514.9
387.2
1,380.0
5 067 8
mil. $.. 1,208,070 1,144,352 100,393
457,713 39,143
do.... 509,743
do.... 698,327
686,639
61,250
93,273
36,971
56,302
94,291
38,103
56,188
93,626
38,473
55,153
93,067
38,473
54,594
94,181
38,279
55,902
94,279
37,643
56,636
87,420
35,061
52,359
84,974 100,953
34,133 40,763
50,841 60,190
91,153
37,531
53,622
Cost, total
Apparel and accessories
Automotive, incl. accessories
Building materials
Drugs and toiletries
Foods, soft drinks, confectionery
Beer, wine, liquors
Houshold equip., supplies, furnishings
Industrial materials
Soaps, cleansers, etc
Smoking materials
All other
WHOLESALE TRADE t
Merchant wholesalers sales (unadj.), total
Durable goods establishments
Nondurable goods establishments
Merchant wholesalers inventories, book value,
end of year or month (unadj.), total
mil. $..
Durable goods establishments
do....
Nondurable goods establishments
do....
117,566
75,601
41,965
119,302
77,415
41,887
118,772 118,676 117,271 118,424 120,222 119,620 119,302
79,658 80,648 79,398 79,731 79,439 77,964 77,415
39,114 38,028 37,873 38,693 40,783 41,656 41,887
r
r
r
98,523 102,968
39,875 43,522
58,648 59,446
118,010 117,803 118,208 117,613 115,127 114,213
76,097 75,738 75,935 75,790 r74,963 74,966
41,913 42,065 42,273 41,823 r40,164 39,247
RETAIL TRADE
All retail stores: t
Estimated sales (unadj.), total t
88,965
91,213
89,642
88,159
91,416
94,196 113,189
81,342
78,884
93,760
93,970
r
Durable goods stores #
do....
Building materials, hardware, garden supply,
and mobile home dealers
mil. $..
Automotive dealers
do
Furniture, home furn., and equip
do....
316,020
320,868
27,615
27,204
26,922
26,776
26,824
28,423
31,142
23,808
24,159
30,832
30,350
r
51,968
173,922
47,462
48,975
182,390
46,513
4,704
15,689
3,847
4,561
15,459
3,926
4,395
15,321
3,865
4,395
15,261
3,765
4,404
15,218
3,859
4,039
16,233
4,193
3,864
14,960
5,318
3,261
13,776
3,639
3,159
14,536
3,440
4,088
19,246
4,035
4,567
18,405
3,937
5,416
r
19,585
r
3,976
5,668
r
21,074
r
4,120
'5,295
'19,431
'4,169
Nondurable goods stores
General merch. group stores
Food stores
Gasoline service stations
do....
do....
do
do....
731,553
127,948
241,102
108,231
754,811
131,282
252,802
104,633
61,350
10,088
21,020
9,047
64,009
10,061
22,674
9,463
62,720
10,452
20,838
9,169
61,383
10,066
20,957
8,706
64,592
11,036
21,572
8,869
65,773
13,197
20,680
8,585
82,047
21,238
23,608
8,706
57,534
7,896
20,354
r
8,072
54,725
7,747
19,323
7,353
62,928
10,248
21,497
8,077
63,620
10,490
21,739
8,324
r
r
65,441
ll,137
22,049
r
9,114
'66,263
'10,500
'23,144
'9,305
Apparel and accessory stores
Eating and drinking places
Drug and proprietary stores
Liquor stores
do....
do....
do....
do....
50,270
98,585
33,593
18,631
51,991
107,357
35,849
19,031
3,846
9,271
2,924
1,570
4,020
9,786
2,924
1,690
4,374
9,778
2,899
1,559
4,151
9,145
2,859
1,505
4,395
9,548
2,953
1,553
4,762
8,878
3,021
1,559
7,232
9,382
4,171
2,197
3,496
8,673
2,975
1,386
3,203
8,413
2,930
1,329
4,185
9,635
3,208
1,452
4,327
9,942
3,114
1,495
r
4,299
10,329
r
3,177
1,560
'4,220
'10,764
'3,142
do....
88,603
89,469
89,069
89,897
90,905
92,492
92,459
92,308
91,164
93,263
95,449
r
98,431
r
98,685
'98,656
Durable goods stores #
do....
Building materials, hardware, garden supply,
and mobile home dealers #
mil. $..
Building materials and supply stores .. do....
Hardware stores
do
26,136
26,124
25,831
26,619
27,154
28,721
28,723
28,307
27,490
29,160
30,668
r
32,124
r
32,335
'32,088
4,139
2,903
696
4,134
2,905
684
4,014
2,821
666
4,004
2,809
663
4,024
2,848
682
4,057
2,864
682
4,143
3,018
674
4,366
3,214
710
4,222
3,101
702
4,400
3,232
685
4,542
3,330
680
Estimated sales (seas, adj.), total t
mil. $.. 1,047,573 1,075,679
r
r
r
97,840
32,656
r
r
r
65,184
11,190
21.860
r
8,872
r
4,325
10,210
r
3,168
r
l,519
r
100,099
•98,657
r
'32,394
34,658
r
r
r
r
r
r
4,882
r
3,482
r
741
4,938
3,517
744
'4,935
Automotive dealers
Motor vehicle and miscellaneous
auto dealers
Auto and home supply stores
do....
14,638
14,650
14,463
15,200
15,713
17,104
16,727
15,979
15,496
16,802
18,157
r
19,096
r
19,357
'19,163
do....
do....
12,834
1,804
12,865
1,785
12,709
1,754
13,424
1,776
13,927
1,786
15,298
1,806
14,965
1,762
14,227
1,752
13,664
1,832
14,986
1,816
16,371
1,786
r
17,188
r
l,908
r
17,467
1,890
'17,300
Furniture, home furn., and equip. #
Furniture, home furnishings stores
Household appliance, radio, TV
do....
do....
do....
3,865
2,187
1,136
3,889
2,204
1,222
3,807
2,187
1,123
3,807
2,180
1,109
3,834
2,242
1,118
3,868
2,258
1,175
4,100
2,326
1,317
4,100
2,384
1,414
3,973
2,296
1,375
4,106
2,425
1,370
4,196
2,423
1,434
See footnotes at end of tables.
r
4,240
2,449
1,462
r
r
4,159
2,417
1,407
'4,220
SURVEY OF CURRENT BUSINESS
August 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
1981
S-9
1982
Annual
June
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
63,736
11,410
9,265
744
21,423
20,139
8,628
4,341
682
1,638
813
9,345
3,016
1,548
r
63,674
11,131
9,056
758
21,347
20,073
8,216
4,332
664
1,651
878
9,715
3,209
1,545
64,103
11,272
9,256
753
21,501
20,208
8,183
4,322
654
1,678
838
9,762
3,263
1,563
64,781
11,240
9,208
739
21,572
20,298
8,391
May
June
r
66,307
11,651
r
9,535
r
761
r
66,350
11,862
r
9,774
743
'66,568
11,649
•9,586
r
22,042
20,707
r
8,793
r
'22,071
'20,759
'8,713
July
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
All retail stores t—Continued
Estimated sales (seas, adj.)—Continued
Nondurable goods stores
mil. $
General merch. group stores
do..
Department stores
do..
Variety stores
do..
Food stores
do..
Grocery stores
do..
Gasoline service stations
do..
Apparel and accessory stores #
do..
Men's and boys' clothing
do..
Women's clothing, spec, stores, furriers do.
Shoe stores
do..
Eating and drinking places
do..
Drug and proprietary stores
do..
Liquor stores
do..
Estimated inventories, end of year or month: t
Book value (unadjusted), total
mil. $
Durable goods stores #
do..
Building materials, hardware, garden
supply, and mobile home dealers
do..
Automotive dealers
do..
Furniture, home furn., and equip
do..
Nondurable goods stores #
do..
General merch. group stores
do..
Department stores
do..
Food stores
do..
Apparel and accessory stores
do..
Book value (seas, adj.), total
do..
Durable goods stores #
do..
Building materials, hardware, garden
supply, and mobile home dealers
do..
Automotive dealers
do..
Furniture, home furn., and equip
do..
Nondurable goods stores #
do..
General merch. group stores
do..
Department stores
do..
Food stores
do..
Apparel and accessory stores
do..
Firms with 11 or more stores:
Estimated sales (unadjusted), total
mil. $
Durable goods stores
do..
Auto and home supply stores
do..
Nondurable goods stores #
do..
General merchandise group stores
do..
Food stores
do..
Grocery stores
do..
Apparel and accessory stores
do..
Eating places
do..
Drug stores and proprietary stores
do..
Estimated sales (sea. adj.), total #
do..
Auto and home supply stores
do..
Department stores
do..
Variety stores
do..
Grocery stores
do..
Apparel and accessory stores
do..
Women's clothing, spec, stores, furriers., do..
Shoe stores
do..
Drug stores and proprietary stores
do..
62,467
10,796
8,822
712
21,025
19,624
8,649
4,226
681
1,560
792
8,863
2,999
1,583
63,345
10,925
8,929
729
21,247
19,839
4,364
689
1,601
830
9,028
2,999
1,591
63,238
10,841
8,845
738
21,213
19,808
8,741
4,321
667
1,575
829
9,113
3,001
1,573
63,278
10,847
8,821
724
21,253
19,870
8,750
4,267
677
1,555
827
9,090
3,041
1,578
63,751
10,858
8,865
726
21,370
20,003
8,747
4,279
671
1,592
805
9,324
3,041
1,577
63,771
11,043
8,928
729
21,333
19,964
8,733
4,354
680
1,626
818
9,345
3,067
1,565
64,001
11,313
9,309
747
21,115
19,868
r
8,596
4,263
682
1,656
822
9,626
3,148
1,542
r
r
4,519
698
1,688
868
21,848
20,556
8,730
r
4,709
700
1,746
917
'4,689
r
r
r
r
9,818
3,242
1,566
'9,994
'3,276
4,690
•729
1,777
r
888
9,776
3,197
1,572
r
9,874
3,210
1,574
123,591
58,441
124,858 125,496 125,837 126,850 130,731 135,378 136,105 124,858 123,345 126,364 128,843 r129,335
130,917 131,616
58,902 58,977 59,014 58,617 59,866 60,937 60,812 58,902 59,235 60,905 61,071 r 61,058 r62,345 62,737
9,737
26,638
9,722
65,150
21,808
16,315
14,300
10,561
126,833
59,095
10,224 10,338 10,255 10,192 10,023 10,142 10,259 10,224 10,360 10,789 11,198
26,691 26,994 27,275 26,245 26,756 27,083 26,638 26,691 26,596 27,585 27,488
9,878
9,671
9,984 10,101 10,325
9,639
9,866 10,111 10,337 10,324
9,878
65,956 66,519 66,823 68,233 70,865 74,441 75,293 65,956 64,110 65,459 67,772
22,191 23,566 23,949 24,646 25,950 27,992 28,198 22,191 21,555 22,780 24,334
16,462 17,412 17,497 18,070 19,071 20,760 21,130 16,462 15,826 16,837 18,028
15,311 14,504 14,189 14,071 14,326 14,982 15,431 15,311 14,769 14,750 14,900
10,477 10,767 10,891 11,501 11,970 12,251 12,167 10,477 10,001 10,234 10,667
128,250 126,300 126,662 128,258 129,788 128,849 127,619 128,250 127,869 130,392 129,327
59,597 58,225 58,888 60,204 61,668 60,581 59,417 59,597 59,735 61,517 60,412
10,164
26,296
9,870
67,738
24,020
17,889
14,158
10,967
10,672
26,375
10,028
68,653
24,484
18,090
15,174
10,891
10,145
26,132
9,642
68,075
24,118
17,858
14,606
11,216
10,255
26,872
9,736
67,774
24,247
17,872
14,420
11,079
10,223
27,831
9,836
68,054
24,333
17,998
14,373
11,242
10,134
28,925
9,962
68,120
24,206
17,924
14,442
11,218
10,234
27,892
9,920
68,268
24,357
18,068
14,546
11,047
10,373
26,665
9,956
68,202
24,386
18,075
14,767
10,912
10,672
26,375
10,028
68,653
24,484
18,090
15,174
10,891
10,736
26,023
10,314
68,134
24,129
17,663
14,994
10,918
371,996
26,870
3,959
345,126
115,314
127,567
125,745
18,706
20,341
17,855
388,984
28,212
4,059
360,772
119,163
135,387
133,475
20,143
22,138
19,095
31,076
2,368
359
28,708
9,160
11,038
10,889
1,458
1,926
1,518
32,122
332
8,466
577
11,077
1,608
677
354
1,576
32,291
2,387
370
29,904
9,096
12,046
11,886
1,534
2,014
1,554
32,537
342
8,572
600
11,129
1,722
708
372
1,594
2,305
348
29,420
9,497
10,928
10,778
1,776
2,011
1,521
32,425
337
8,494
600
11,215
1,686
696
361
1,579
2,320
345
28,992
9,115
11,201
11,057
1,611
1,856
1,507
32,606
343
8,498
590
11,237
1,656
683
354
1,627
2,347
359
30,720
9.991
11,521
11,381
1,729
1,977
1,551
32,560
344
8,522
588
11,224
1,678
706
356
1,638
2,575
362
32,699
12,020
11,135
10,987
1,934
1,860
1,625
32,817
346
8,547
588
11,257
1,725
723
368
1,651
47,915
3,792
361
44,123
19,437
13,050
12,786
3,055
1,924
2,442
33,540
339
8,937
600
11,416
1,728
736
371
1,616
1,933
289
26,213
7,122
11,038
10,905
1,228
1,803
1,575
33,312
348
8,967
598
11,185
1,726
748
370
1,694
10,821
27,585
10,349
68,875
24,983
18,523
14,960
10,876
10,893
26,739
10,461
68,915
25,080
18,566
14,826
10,885
27,026
32,513
1,868
272
25,158
6,991
10,454
10,308
1,186
1,736
1,542
33,083
351
8,697
606
11,340
1,746
758
389
1,744
2,382
345
11,207
r
27,599
r
10,266
11,266
28,268
10,587
68,572
25,249
18,795
14,920
10,434
68,879
25,299
18,795
15,026
10,381
r
r
r
r
68,277
25,003
18,615
14,854
10,698
r
r
11,266
28,204
10,383
r
129,901 131,654 132,452
r
60,640 r 61,401 61,955
10,838
r
27,326
r
10,307
r
10,938
27,276
10,414
11,056
27,365
10,555
r
69,261
25,389
18,803
14,854
10,972
r
r
r
70,253
25,882
19,159
15,086
10,779
70,497
25,913
19,297
15,132
10,814
r
r
33,765
32,638
r
33,687
r
2,475
r
361
2,723
371
2,800
394
30,131
9,311
11,693
11,529
1,717
2,030
1,727
r
30,163
r
9,531
11,711
11,563
1,710
2,033
1,696
r
30,964
10,196
11,597
11,449
1,704
r
2,071
1,751
30,965
10,156
11,693
11,545
1,687
2,025
1,751
33,568
355
8,920
596
11,472
r
r
34,610
364
r
9,169
610
11,767
34,738
361
9,413
600
11,603
33,349
344
r
8,800
r
593
11,381
1,757
772
378
1,773
1,778
r
743
r
390
1,774
1,833
r
767
398
1,769
1,863
792
413
1,801
233.57
233.74
233.89
234.07
LABOR FORCE, EMPLOYMENT, AND EARNINGS
POPULATION OF THE UNITED STATES
Total, incl. armed forces overseas ±
mil.
LABOR FORCE
Not Seasonally Adjusted
Labor force, total, persons 16 years of age
and over
thous.
Armed forces
do...,
Civilian labor force, total
do....
Employed
do...,
Unemployed
do....
Seasonally Adjusted H
Civilian labor force, total
do...
Participation rate *
percent.
Employed, total
thous.
Employment-population ratio *
percent.
Agriculture
thous.
Nonagriculture
do...
Unemployed, total
do...
Long term, 15 weeks and over
do...
See footnotes at end of tables.
413-743 O - 8 3 - S 2
3
3
110,812
2,142
108,670
100,397
8,273
112,383 113,742 114,706 114,083 112,744 112,955 113,035 112,659 111,968 111,835 112,067 112,077 112,506 115,578 116,172
2,195
2,194
2,202
2,198
2,189
2,188
2,192
2,180
2,182
2,179
2,180
2,196
2,198
2,188
2,173
110,204 111,569 112,526 111,887 110,546 110,767 110,855 110,477 109,779 109,647 109,873 109,875 110,308 113,383 113,980
99,526 100,683 101,490 101,177 99,851 99,825 99,379 98,849 97,262 97,265 97,994 98,840 99,543 101,813 103,273
10,678 10,886 11,036 10,710 10,695 10,942 11,476 11,628 12,517 12,382 11,879 11,035 10,765 11,570 10,707
229.85
63"9
58l
3,368
97,030
2,285
232.06
231.88
232.06
232.28
232.50
232.70
232.90
233.08
233.27
233.43
110,147 110,416 110,614 110,858 110,752 111,042 111,129 110,548 110,553 110,484 110,786 110,749 111,932 111,875
63.6
63.7
63.7
64.3
64.2
63.7
64.2
64.2
63.8
64.0
64.1
64.2
64.1
64.1
99,681 99,588 99,683 99,543 99,176 99,136 99,093 99,103 99,063 99,103 99,458 99,557 100,786 101,205
57.1
57.2
57.2
57.9
57.1
58.1
57.3
57.2
57.2
57.2
57.1
56.9
56.6
571
57.1
3,375
3,371
3,367
3,522
3,393
3,527
3,466
3,411
3,412
3,371
3,429
3,363
3,413
3,445
3,401
95,729
96,088
96,190
97,264
95,670
95,670
95,682
95,691
96,310
97,758
96,254
96,180
95,763
96,143
96,125
10,466 10,828 10,931 11,315 11,576 11,906 12,036 11,446 11,490 11,381 11,328 11,192 11,146 10,590
4,589
4,417
4,517
4,356
4,634
4,618
4,615
4,167
4,732
3,517
4,524
3,569
3,637
3,856
3,485
64.0
August 1983
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
June
Annual
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
LABOR FORCE—Continued
Seasonally Adjusted U
Civilian labor force—Continued
Unemployed—Continued
Rates (unemployed in each group as percent
of civilian labor force in the group): §
All civilian workers
Men, 20 years and over
Women, 20 years and over
Both sexes, 16-19 years
10.2
9.8
8.4
23.4
8.9
18.8
7.1
7.3
13.2
10.1
9.6
8.5
23.0
8.9
18.6
7.0
7.5
12.9
10.0
9.0
8.6
23.6
9.5
8.8
7.9
22.8
8.6
18.9
6.6
7.8
12.8
8.2
17.9
6.1
7.0
11.6
10.8
20.0
13.0
14.7
10.8
19.7
13.3
14.7
10.8
20.3
12.8
14.1
10.5
20.3
12.4
13.5
10.5
20.4
12.3
13.5
10,0
18,1
11.5
12.2
9.6
18.0
10.5
11.2
89,321
73,353
87,660
71,905
87,613
71,625
88,172
72,121
89,005
72,984
r
89,830
r
r
90,641
r
p
88,785
73,013
54,791
23,131
1,066
3,843
18,222
10,577
608
427
559
823
1,362
2,088
1,975
1,661
700
374
7,645
1,632
63
727
1,141
654
1,263
1,064
200
685
216
65,654
5,019
20,320
5,212
15,108
5,356
19,187
15,772
2,746
13,026
88,665
72,907
54,714
23,061
1,053
3,815
18,193
10,559
614
429
554
816
1,359
2,066
1,957
1,696
695
373
7,634
1,626
69
727
1,140
653
1,263
1,059
199
685
213
65,604
5,008
20,256
5,192
15,064
5,367
19,215
15,758
2,747
13,011
88,885
73,132
54,888
23,186
1,037
3,905
18,244
10,594
625
430
557
817
1,364
2,048
1,974
1,710
695
374
7,650
1,626
69
726
1,150
653
1,266
1,057
200
688
215
65,699
4,979
20,355
5,185
15,170
5,374
19,238
15,753
2,748
13,005
88,746
73,004
54,759
23,049
1,014
3,790
18,245
10,608
631
427
557
810
1,364
2,042
1,981
1,729
693
374
7,637
1,620
67
726
1,148
652
1,264
1,056
199
691
214
65,697
4,966
20,343
5,181
15,162
5,384
19,262
15,742
2,742
13,000
88,814 r89,090
73,090 73,377
54,823 55,001
23,030 23,159
1,006
997
3,757
3,786
18,267 18,376
10,617 10,689
638
651
433
440
559
565
816
820
1,362
1,369
2,030
2,031
1,988
1,999
1,723
1,743
690
691
381
377
7,650
7,687
1,619
1,633
67
66
730
733
1,149
1,143
652
654
1,269
1,274
1,056
1,058
199
199
699
707
216
214
65,784 r65,931
4,988
4,963
20,350 20,329
5,180
5,176
15,174 15,149
5,423
5,391
19,356 19,478
15,724 15,713
2,742 r2,738
12,982 12,975
r
89,421
r
73,677
r
r
89,832
•74,121
55,534
r
23,534
r
1,006
r
3,941
90,3l9
"74,497
55,748
P
23,749
"1,016
P
3,984
r
P
59,495
12,505
59,292
12,319
59,209
12,201
57,776
12,115
57,529
12,157
57,989
12,241
58,988
16,095
776
2,951
12,368
6,992
495
336
427
615
988
1,243
1,180
1,039
398
271
58,850
15,961
763
2,946
12,252
6,900
500
337
422
601
975
1,215
1,178
1,010
394
268
58,764
15,908
750
2,917
12,241
6,892
506
338
418
596
973
1,199
1,161
1,044
390
267
58,939
16,019
736
2,992
12,291
6,931
515
339
421
598
981
1,186
1,182
1,055
387
267
58,801
15,900
715
2,882
12,303
6,949
522
337
421
595
983
1,179
1,187
1,073
385
267
58,889
15,881
707
2,851
12,323
6,961
529
342
423
601
982
1,171
1,193
1,066
384
270
10.5
9.8
8.7
24.1
9.3
18.4
7.5
7.9
11.3
10.7
10.0
9.0
24.2
9.6
18.5
7.6
8.2
12.5
10.8
10.1
9.2
24.5
9.7
18.8
7.8
8.2
13.2
4.9
15.5
5.2
15.8
5.5
16.2
5.6
16.3
10.2
20.3
12.1
12.8
4.9
14.4
10.2
20.4
12.4
13.3
10.7
22.0
13.6
14.9
11.0
22.3
14.1
16.0
11.4
21.8
14.8
17.0
11.6
22.0
14.8
17.1
90,585
74,603
89,221
74,212
89,088
74,211
89,562
74,161
89,541
73,678
89,466
73,463
89,596
73,793
54,940
23,907
1,143
3,911
18,853
11,100
603
433
577
922
1,434
2,266
2,015
1,744
715
385
7,753
1,638
67
750
1,163
662
1,268
1,079
201
700
221
65,689
5,081
20,401
5,280
15,122
5,340
19,064
15,803
2,739
13,064
89,775
73,939
55,021
24,001
1,150
3,933
18,918
11,169
601
433
580
929
1,442
2,298
2,025
1,756
720
385
7,749
1,635
68
744
1,167
661
1,268
1,079
200
705
222
65,774
5,099
20,454
5,293
15,161
5,339
19,046
15,836
2,738
13,098
89,450
73,781
54,979
23,843
1,125
3,916
18,802
11,095
600
430
578
909
1,432
2,256
2,016
1,770
717
387
7,707
1,639
67
741
1,141
660
1,266
1,073
200
700
220
65,607
5,075
20,438
5,279
15,159
5,342
19,083
15,669
2,737
12,932
89,264
73,579
54,913
23,672
1,113
3,893
18,666
10,961
601
433
573
890
1,416
2,213
2,008
1,733
712
382
7,705
1,636
67
736
1,151
657
1,267
1,074
200
698
219
65,592
5,056
20,410
5,265
15,145
5,344
19,097
15,685
2,739
12,946
89,235
73,451
54,896
23,530
1,100
3,875
18,555
10,862
603
428
570
869
1,402
2,184
1,992
1,724
710
380
7,693
1,633
66
734
1,149
659
1,266
1,070
202
696
218
65,705
5,054
20,380
5,252
15,128
5,351
19,136
15,784
2,735
13,049
88,938
73,158
54,800
23,287
1,082
3,847
18,358
10,685
605
426
565
840
1,378
2,122
1,976
1,691
705
377
7,673
1,636
66
733
1,148
653
1,265
1,066
201
689
216
65,651
5,033
20,344
5,237
15,107
5,350
19,144
15,780
2,742
13,038
60,927
14,020
59,566
12,790
60,308
12,941
59,934
12,630
59,922
12,693
59,919
12,790
60,927
18,245
841
3,261
14,020
8,294
553
373
490
861
1,171
1,580
1,311
1,219
430
302
59,566
16,589
831
3,004
12,790
7,350
493
342
437
683
1,033
1,368
1,216
1,085
410
279
59,716
16,704
837
3,024
12,843
7,408
491
342
438
689
1,039
1,396
1,226
1,095
413
279
59,568
16,578
814
3,013
12,751
7,350
491
339
437
672
1,031
1,358
1,215
1,116
411
280
59,367
16,430
804
2,992
12,634
7,234
491
342
434
658
1,018
1,321
1,206
1,082
407
275
59,247
16,307
792
2,973
12,542
7,150
493
338
432
640
1,008
1,297
1,193
1,072
404
273
9.5
8.7
8.1
22.5
8.4
17.1
6.4
7.1
12.1
8.9
8.3
23.9
8.7
17.4
6.6
7.4
12.0
4.0
10.3
4.9
14.3
4.9
14.0
4.9
14.4
7.7
15.6
8.3
8.2
10.1
20.0
12.3
13.3
10.0
19.5
12.2
13.1
91,156
75,125
89,596
73,793
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
91,156
75,125
54,955
25,497
1,139
4,188
20,170
12,109
666
464
637
1,122
1,590
2,498
2,093
1,897
730
408
8,061
1,671
70
823
1,244
688
1,266
1,109
214
736
237
65,659
5,165
20,547
5,358
15,189
5,298
18,619
16,031
2,772
13,259
Production or nonsupervisory workers on private
nonagric. payrolls, not seas, adjusted
thous
Manufacturing
do..
Occupation:
White-collar workers
Blue-collar workers
Industry of last job (nonagricultural):
Private wage and salary workers
Construction
Manufacturing
Durable goods
10.3
9.6
8.8
23.5
9.0
18.5
7.1
7.5
13.5
10.2
9.6
8.4
23.8
9.1
18.1
7.2
7.6
12.4
9.7
8.8
8.3
23.2
8.6
17.3
6.5
7.4
11.7
White
Black and other
Married men, spouse present
Married women, spouse present
Women who maintain families
10.4
9.9
8.9
22.2
9.2
18.0
7.2
7.6
13.0
9.9
9.0
8.3
23.8
8.7
17.7
6.8
7.3
11.7
7.6
6.3
6.8
19.6
6.7
14.2
4.3
6.0
10.4
10.4
9.6
9.0
22.7
9.1
19.0
7.1
7.8
13.2
C)
EMPLOYMENT f
Employees on payrolls of nonagricultural estab.:
Total, not adjusted for seasonal variation ....thous
Private sector (excl. government)
do..
r
73,774
74,792
90,107
70,147
p
Seasonally Adjusted t
Total employees, nonagricultural payrolls
Private sector (excl. government)
Nonmanufacturing industries
Goods-producing
Mining
Construction
do..
do..
do..
do..
do..
do..
Manufacturing
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Transportation equipment
Instruments and related products
Miscellaneous manufacturing
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products
Service-producing
Transportation and public utilities
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
Government
Federal
State and local
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
55,184
23,347
r
994
r
3,860
r
18,493
10,788
r
662
r
446
r
570
r
828
1,379
2,064
2,010
r
l,757
689
r
383
r
7,705
r
1,632
66
736
1,153
656
1,276
1,058
198
716
214
r
66,074
r
4,993
r
20,356
r
5,197
15,159
r
r
18,587
10,843
r
678
r
450
r
573
r
830
1,385
r
2,067
r
2,030
1,760
r
686
r
384
p
P
p
18,749
10,971
P
689
p
457
P
575
P
841
p
1,396
p
2,096
p
2,052
p
l,793
p
p
r
7,744
1,647
65
745
1,160
657
1,280
1,057
198
721
r
214
r
683
389
P
7,778
1,636
p
65
p
750
p
l,183
p
661
p
l,286
p
1,059
P
197
p
p
p
735
206
p
5,435
19,546
15,744
r
2,756
r
12,988
66,298
r
4,991
20,485
r
5,219
15,266
5,451
19,660
15,711
2,745
12,966
66,570
P
4,977
20,498
P
5,227
p
15,271
P
5,471
p
19,802
P
15,822
P
2,737
p
13,085
58,800
12,369
r
59,551
12,523
r
60,471
12,723
p
59,150
16,016
701
2,880
12,435
7,035
540
349
429
608
987
1,175
1,204
1,085
384
274
r
59,462
16,183
r
699
r
2,953
r
12,531
r
7,115
r
550
r
354
434
615
996
r
l,201
1,213
r
1,093
r
384
275
r
p
r
r
r
r
p
60,600
12,681
P
Seasonally Adjusted t
Production or nonsupervisory workers on private
nonagricultural payrolls t
thous
Goods-producing
do..
Mining
do..
Construction
Manufacturing
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Transportation equipment
Instruments and related products
Miscellaneous manufacturing
See footnotes at end of tables.
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
do..
r
59,874
16,368
712
r
3,033
12,623
•7,168
r
565
r
357
r
436
r
617
1,004
1,205
1,226
1,098
r
383
277
60,207
16,582
P
719
p
3,070
p
12,793
p
7,297
P
574
p
364
p
439
p
629
p
l,015
p
l,232
p
l,246
p
l,135
p
380
P
283
p
SURVEY OF CURRENT BUSINESS
August 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
S-ll
1982
June
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
EMPLOYMENT t—Continued
Seasonally Adjusted f
Production or nonsupervisory workers—Continued
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products
thous..
do....
do....
do...
do...
do...
do...
do...
do...
do...
do...
5,727
1,149
54
712
1,059
518
699
628
133
569
201
5,440
1,126
52
642
983
493
698
601
120
536
185
5,435
1,124
53
636
986
492
698
600
119
541
186
5,401
1,129
52
634
963
491
696
596
119
537
184
5,400
1,126
53
630
972
489
696
597
119
535
183
5,392
1,123
51
628
971
492
696
595
122
532
182
5,376
1,127
51
629
968
486
696
593
120
526
180
5,352
1,123
48
623
962
487
694
592
120
523
180
5,349
1,119
54
623
963
486
695
589
119
524
177
5,360
1,119
54
622
973
486
694
588
120
525
179
5,354
1,115
52
622
970
486
694
587
121
529
178
5,362
1,114
52
627
965
486
694
585
122
538
179
5,400
1,126
51
631
972
488
699
587
122
546
178
do...
do...
do....
do....
do....
do....
42,805
4,283
17,958
4,360
13,598
3,999
16,565
42,940
4,194
17,827
4,268
13,559
3,994
16,926
43,012
4,208
17,890
4,280
13,610
3,999
16,915
42,990
4,189
17,868
4,268
13,600
3,994
16,939
42,937
4,168
17,833
4,252
13,581
3,990
16,946
42,940
4,171
17,800
4,240
13,560
3,994
16,975
42,893
4,149
17,764
4,225
13,539
3,990
16,990
42,889
4,135
17,738
4,201
13,537
3,993
17,023
42,856
4,125
17,689
4,183
13,506
3,997
17,045
42,920
4,103
17,774
4,171
13,603
3,998
17,045
42,901
4,087
17,769
4,166
13,603
4,003
17,042
43,008
4,086
17,776
4,156
13,620
4,012
17,134
43,134
4,106
17,754
4,165
13,589
4,037
17,237
35.2
34.8
35.0
34.9
42.8
37.5
35.2
34.9
42.5
38.0
35.2
34.8
42.4
37.6
34.8
34.8
42.0
36.9
34.7
34.7
41.9
37.1
34.7
34.7
41.6
36.1
35.0
34.8
42.2
36.8
34.6
35.1
42.5
36.9
34.2
34.5
41.3
35.4
34.7
34.8
41.8
36.4
34.7
34.9
41.6
36.7
38.9
39.1
2.3
39.0
39 0
2.3
38.9
38 8
2.3
39.0
38 9
2.3
39.3
39 0
2.3
39.7
39 0
2.3
39.2
39 7
2.4
38.8
39.2
2.4
39.6
39 5
2.6
39.8
40 1
2.9
Service-producing
Transportation and public utilities
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
do....
r
r
r
5,455
1,139
50
643
981
r
492
r
704
r
587
120
560
179
5,416
l,126
51
634
r
976
r
491
701
r
585
120
554
178
r
43,279
r
4,lll
17,797
r
4,182
13,615
r
4,049
17,322
r
43,506
r
4,109
17,902
r
4,200
13,702
r
4,065
17,430
P
p
5,496
l,131
"50
P
p
648
1,002
P
497
"709
"591
P
P
P
122
574
172
P
43,625
p
4,100
p
17,916
p
4,200
p
p
13,716
p
4,073
17,536
AVERAGE HOURS PER WEEK t
Seasonally Adjusted
Avg. weekly hours per worker on private nonagric.
payrolls: H Not seasonally adjusted
hours.
Seasonally adjusted
do...
Mining $
do...
Construction $
do...
Manufacturing:
Not seasonally adjusted
do...
Seasonally adjusted
do...
Overtime hours
do....
Durable goods
do...,
Overtime hours
do...
Lumber and wood products
do....
Furniture and fixtures
do...
Stone, clay, and glass products
do...
Primary metal industries
do...
Fabricated metal products
do...
Machinery, except electrical
do...
Electric and electronic equipment
do...
Transportation equipment
do...
Instruments and related products
do...
Miscellaneous manufacturing $
do...
r
34.9
35.1
42.2
r
37.4
r
43.7
36.9
42"6
36.7
39.8
38.9
2.8
2"3
39.3
39 1
2.3
40.2
2.8
38.7
38.4
40.6
40.5
40.3
40.9
40.0
40.9
40.4
38.8
39.3
2.2
38.0
37.2
40.0
38.6
39.2
39.7
39.3
40.5
39.8
38.5
39.6
2.2
38.4
37.6
40.3
38.8
39.4
39.7
39.4
41.3
40.1
38.6
39.6
2.2
38.5
37.4
40.5
38.8
39.4
39.8
39.6
40.9
40.1
38.2
39.4
2.2
38.2
37.8
40.2
38.6
39.2
39.4
39.3
40.6
40.0
38.6
39.1
2.1
38.4
37.5
40.2
37.8
38.9
39.2
39.0
40.1
39.9
38.6
39.2
2.1
38.1
37.5
40.2
38.2
39.0
39.3
39.2
40.4
39.6
39.0
39.3
2.1
38.7
37.6
40.2
38.3
39.2
39.3
39.3
40.9
39.4
39.1
39.3
2.2
38.8
37.8
40.1
38.8
39.2
39.3
39.4
40.1
39.7
39.0
40.1
2.2
40.5
38.6
41.4
38.9
39.9
39.6
39.9
41.6
40.4
38.7
39.7
2.3
39.5
37.9
40.5
39.1
39.6
39.4
39.5
41.2
39.7
37.7
39.9
2.5
39.5
38.3
40.6
39.4
39.7
39.7
39.8
41.7
40.0
39.0
40.5
2.8
40.0
39.3
41.0
39.9
40.5
40.2
40.4
42.3
40.5
39.0
40.4
2.6
39.8
39.2
41.2
r
40.3
40.4
40.0
40.3
41.6
r
40.4
38.8
do...
do....
do....
do....
do....
do...
39.1
2.8
39.7
38.8
39.6
35.7
38.4
2.5
39.4
37.8
37.5
34.7
38.5
2.5
39.4
38.4
37.7
35.1
38.5
2.5
39.4
36.8
37.7
35.1
38.5
2.5
39.2
38.1
38.1
35.0
38.6
2.6
39.4
39.7
38.1
35.1
38.5
2.6
39.5
39.0
38.3
35.1
38.6
2.5
39.4
38.0
38.8
35.0
38.6
2.5
39.1
37.9
38.9
35.1
39.1
2.6
39.3
36.5
39.7
36.6
38.5
2.6
39.0
34.1
39.0
35.2
39.0
2.7
39.2
36.3
39.6
35.6
39.5
3.0
39.6
37.3
40.6
36.2
39.4
2.9
39.4
37.4
40.4
36.1
do...
do...
do...
do...
do...
do...
42.5
37.3
41.6
43.2
40.3
36.7
41.8
37.1
40.9
43.9
39.6
35.6
41.9
37.0
40.9
44.0
40.1
35.8
41.9
37.0
40.8
43.4
39.6
36.0
41.7
36.9
40.9
44.0
39.7
36.0
41.6
37.0
41.0
44.2
39.6
35.7
41.7
37.1
40.8
43.8
39.3
35.4
41.7
37.1
40.7
44.1
39.6
35.8
41.7
37.1
40.9
44.4
40.4
35.8
41.8
37.5
41.0
44.5
40.1
36.3
41.4
37.1
41.0
44.4
39.7
34.9
42.1
37.4
41.2
44.9
40.6
36.0
42.4
37.7
41.5
43.5
41.1
37.0
Transportation and public utilities
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate t
do...
do...
do...
do...
do...
Services
do...
39.4
32.2
38.5
30.1
36.3
32.6
39.0
31.9
38.4
29.9
36.2
32.6
39.1
31.9
38.4
29.9
36.1
32.6
38.9
32.0
38.5
29.9
36.2
32.6
39.2
32.0
38.5
29.9
36.3
32.6
38.8
31.9
38.4
29.9
36.1
32.8
38.8
31.9
38.4
29.9
36.2
32.6
38.9
31.8
38.4
29.8
36.2
32.6
38.9
32.1
38.4
30.1
36.3
32.6
38.6
31.9
38.5
29.9
36.5
32.9
38.6
31.4
38.2
29.3
36.1
32.5
38.8
31.7
38.4
29.7
36.0
32.7
38.8
31.7
38.5
29.6
36.1
32.7
38.9
31.9
38.6
29.9
36.3
32.9
Seasonally Adjusted
Employee-hours, wage & salary workers in nonagric. establish, for 1 week in the month,
seas adj. at annual rate
bil. hours.
Total private sector
do...
Mining
do...
Construction
do...
Manufacturing
do...
Transportation and public utilities
do...
Wholesale and retail trade
do...
Finance, insurance, and real estate
do...
Services
do...
Government
do...
169.92
139.00
2.58
8.01
41.64
10.57
34.54
10.01
31.65
30.91
165.95
135.33
2.49
7.47
38.33
10.28
34.32
10.09
32.35
30.62
166.58
135.80
2.57
7.54
38.64
10.41
34.16
10.08
32.40
30.78
166.05
135.58
2.49
7.57
38.41
10.33
34.25
10.07
32.46
30.47
165.46
134.96
2.44
7.49
38.00
10.30
34.17
10.10
32.47
30.50
165.30
134.56
2.39
7.33
37.67
10.22
34.11
10.11
32.73
30.74
164.29
133.56
2.34
7.29
37.18
10.20
33.96
10.07
32.52
30.73
163.24
133.08
2.30
7.30
36.91
10.18
33.70
10.08
32.61
30.17
164.01
133.13
2.28
7.24
36.76
10.16
33.84
10.13
32.72
30.88
165.80
134.77
2.30
7.98
37.26
9.93
34.22
10.20
32.89
31.03
163.89
132.87
2.17
7.30
37.09
9.89
33.59
10.10
32.74
31.02
164.40
133.56
2.20
7.12
37.43
10.02
33.66
10.10
33.04
30.84
166.20
134.69
2.18
7.26
38.03
10.09
33.70
10.18
33.25
r
31.41
166.94
135.95
r
2.21
r
7.47
38.27
10.11
34.07
10.29
r
33.52
r
30.99
167.40
136.79
r
2.23
r
7.64
r
38.66
10.13
r
34.24
10.28
r
33.61
r
30.61
Indexes of employee-hours (aggregate weekly): fl
Private nonagric. payrolls, total
1977=100.
Goods-producing
do...
Mining
do...
Construction
do...
Manufacturing
do...
Durable goods
do...
Nondurable goods
do...
Service-producing
do...
Transportation and public utilities
do...
Wholesale and retail trade
do...
Wholesale trade
do...
Retail trade
do...
Finance, insurance, and real estate
do...
Services
do...
108.1
101.1
137.0
109.1
97.9
98.0
97.6
111.9
105.5
106.3
111.7
104.2
117.2
119.6
104.4
91.0
132.2
100.0
87.3
84.8
90.9
111.8
102.3
104.8
108.9
103.2
116.9
122.1
105.0
92.1
132.8
101.1
88.5
86.6
91.2
112.1
103.0
105.2
109.5
103.6
117.0
122.3
104.8
91.7
129.6
101.9
87.9
86.0
90.7
112.1
102.2
105.5
109.4
104.0
117.0
122.1
104.2
90.2
125.7
100.5
86.6
83.9
90.5
111.9
102.1
105.2
108.8
103.8
116.8
122.1
103.9
88.9
122.8
98.2
85.6
82.0
90.8
112.2
101.2
105.1
108.4
103.8
117.0
123.3
102.9
87.4
119.0
97.0
84.0
79.9
90.1
111.5
100.6
104.3
107.7
103.0
116.7
122.5
102.5
86.8
117.5
97.2
83.3
79.0
89.7
111.3
100.7
103.5
107.2
102.1
116.8
122.8
102.6
86.5
116.5
96.5
83.1
78.8
89.5
111.5
100.5
104.0
106.7
103.0
117.2
122.9
104.1
89.8
118.4
106.2
85.5
81.4
91.7
112.0
99.0
104.3
106.8
103.4
117.8
124.1
102.2
87.2
111.6
94.7
84.1
80.4
89.6
110.5
98.6
102.1
105.5
100.8
116.4
122.5
103.1
87.8
110.7
94.3
85.4
81.6
91.0
111.6
99.1
103.9
106.1
103.0
116.4
123.9
104.0
89.6
109.5
96.3
87.4
83.7
92.8
111.9
99.6
103.6
106.6
102.4
117.8
124.7
105.0
90.5
110.3
r
99.6
87.8
84.3
92.9
113.0
r
99.9
104.7
107.3
103.7
119.1
126.1
105.7
r
91.9
112.8
102.3
r
88.9
85.4
r
94.1
113.3
r
99.9
105.3
108.0
104.3
118.9
126.1
Nondurable goods
Overtime hours
Food and kindred products
Tobacco manufactures ±
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee $
Leather and leather products
r
39.9
40 0
2.7
42.7
37.4
41.6
r
43.6
r
41.1
36.8
r
p
35.3
35.1
42.5
r
37.9
35.4
35.1
41.7
38.2
P
p
r
P
r
p
r
p
40.4
40 2
2.9
40.1
40.3
p
3.1
r
40.6
r
2.9
40.0
r
39.6
r
41.6
r
40.3
40.4
r
40.4
40.5
42.0
r
40.0
38.9
p
r
P
r
p
r
39.8
r
P
40.8
p
3.0
39.9
39.9
p
41.8
p
40.8
p
40.8
p
40.7
p
40.7
p
42.2
p
40.1
p
38.5
P
39.6
r
3.0
r
39.6
p
3.2
39.6
p
38.4
p
41.0
p
35.9
38.5
40.7
36.2
42.8
p
41.9
r
43.7
r
41.3
36.8
p
r
P
r
43.0
37.7
41.9
P
42.8
P
41.1
P
37.3
r
37.6
r
p
38.9
32.0
38.7
29.9
r
36.1
r
32.7
38.9
31.9
38.6
P
29.8
P
36.2
p
32.7
p
P
AGGREGATE EMPLOYEE-HOURS t
See footnotes at end of tables.
r
P
p
168.45
137.54
p
2.20
P
7.74
p
39.11
p
10.11
p
34.30
p
10.31
P
33.77
p
30.91
p
106.3
P
p
93.3
112.6
p
103.8
p
90.4
p
87.5
p
P
94.8
113.4
p
99.7
p
105.1
p
107.8
p
104.1
p
118.8
p
126.8
SURVEY OF CURRENT BUSINESS
S-12
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
June
Annual
August 1983
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
June
July
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HOURLY AND WEEKLY EARNINGS t
Average hourly earnings per worker: fl
Not seasonally adjusted:
7.67
10.78
11.62
8.50
8.25
9.06
8.81
7.46
6.31
8.86
11.33
8.78
9.29
8.21
11.12
8.10
6.43
7.64
10.78
11.47
8.50
8.25
9.07
8.81
7.54
6.29
8.85
11.30
8.82
9.29
8.14
11.21
8.08
6.42
7.68
10.86
11.59
8.55
8.31
9.12
8.87
7.59
6.33
8.93
11.36
8.85
9.32
8.23
11.25
8.13
6.41
7.70
10.88
11.66
8.51
8.26
9.09
8.85
7.56
6.37
8.92
11.48
8.85
9.34
8.30
11.17
8.17
6.40
7.76
10.99
11.74
8.59
8.33
9.17
8.92
7.65
6.40
9.03
11.54
8.90
9.41
8.37
11.24
8.24
6.50
7.79
10.96
11.88
8.56
8.31
9.13
8.90
7.57
6.40
9.03
11.41
8.85
9.36
8.41
11.29
8.26
6.50
7.81
11.01
11.72
8.61
8.36
9.17
8.92
7.59
6.43
9.04
11.49
8.90
9.38
8.45
11.34
8.31
6.56
7.82
11.03
11.96
8.68
8.42
9.24
8.97
7.55
6.46
9.08
11.49
8.96
9.43
8.51
11.43
8.38
6.67
7.90
11.21
11.95
8.71
8.46
9.26
9.02
7.68
6.49
9.10
11.56
8.98
9.40
8.53
11.40
8.42
6.72
7.92
11.25
12.00
8.75
8.50
9.31
9.06
7.72
6.50
9.10
11.53
9.04
9.44
8.56
11.49
8.48
6.73
7.90
11.19
11.95
8.74
8.47
9.29
9.02
7.68
6.51
9.13
11.24
9.05
9.46
8.60
11.49
8.47
6.75
7.94
11.28
11.90
8.77
8.48
9.31
9.02
7.74
6.51
9.16
11.25
9.07
9.48
8.60
11.53
8.46
6.76
7.97
11.20
11.80
8.78
8.49
r
9.34
9.04
r
7.78
'6.52
r
9.20
11.28
r
9.08
r
9.59
r
8.60
r
11.52
r
8.48
r
6.82
7.97
11.28
11.75
8.81
r
8.49
9.37
r
9.05
r
7.84
r
6.60
r
9.27
11.26
9.11
r
9.64
r
8.64
11.63
r
8.48
r
6.80
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
7.18
6.94
7.44
8.88
5.52
4.97
8.60
8.19
9.12
11.38
7.17
4.99
9.70
5.92
7.56
5.25
6.31
6.41
7.73
7.49
7.89
9.78
5.83
5.20
9.32
8.75
9.96
12.46
7.65
5.32
10.30
6.21
8.02
5.47
6.78
6.90
7.70
7.46
7.91
10.36
5.80
5.20
9.27
8.68
9.94
12.53
7.66
5.35
10.20
6.18
7.96
5.46
6.71
6.84
7.77
7.52
7.88
10.42
5.81
5.19
9.41
8.75
10.00
12.42
7.67
5.29
10.29
6.20
8.03
5.47
6.77
6.87
7.74
7.48
7.86
9.51
5.83
5.20
9.45
8.81
10.01
12.42
7.66
5.33
10.42
6.20
8.07
5.46
6.86
6.90
7.84
7.56
7.91
9.55
5.86
5.23
9.63
. 8.91
10.19
12.61
7.78
5.41
10.46
6.24
8.10
5.50
6.90
6.99
7.80
7.55
7.88
9.50
5.88
5.21
9.53
8.89
10.22
12.57
7.74
5.39
10.48
6.27
8.13
5.53
6.97
7.04
7.88
7.62
8.00
10.16
5.92
5.24
9.60
8.92
10.26
12.68
7.81
5.41
10.59
6.30
8.14
5.56
7.00
7.08
7.95
7.69
8.06
9.63
6.04
5.28
9.65
9.00
10.32
12.71
7.91
5.44
10.62
6.27
8.20
5.54
7.01
7.12
7.97
7.72
8.09
9.87
6.08
5.33
9.65
8.97
10.34
13.16
7.91
5.50
10.68
6.42
8.31
5.65
7.19
7.18
7.99
7.75
8.11
9.96
6.10
5.33
9.65
8.99
10.41
13.25
7.91
5.50
10.72
6.45
8.28
5.69
7.22
7.19
8.00
7.74
8.16
10.43
6.11
5.33
9.67
9.03
10.39
13.28
7.92
5.52
10.68
6.43
8.27
5.68
7.19
7.17
8.03
7.75
8.20
10.61
6.14
5.35
9.72
9.03
10.43
13.27
7.95
5.52
10.72
6.45
8.34
5.69
7.23
7.20
8.03
7.75
8.18
10.74
6.14
5.33
r
9.81
r
9.05
10.50
r
13.17
r
7.97
5.51
r
10.74
r
6.46
8.36
5.71
7.31
r
7.23
8.03
7.74
8.17
10.92
6.16
5.36
r
9.90
r
9.07
10.51
13.13
7.96
5.50
10.73
6.45
8.35
5.71
7.25
7.19
dollars.
do...
do...
do...
do...
do...
do...
do...
7.25
10.04
10.82
7.99
9.70
5.92
6.31
6.41
7.67
10.78
11.62
8.50
10.30
. 6.21
6.78
6.90
7.67
I1)
11.57
8.51
10.29
6.20
C)
6.89
7.70
(')
11.63
8.54
10.31
6.23
(*)
6.95
7.73
C)
11.65
8.56
10.38
6.24
(')
6.98
7.73
(')
11.66
8.57
10.39
6.24
(*)
7.00
7.76
(')
11.77
8.58
10.45
6.29
(')
7.03
7.78
(l)
11.71
8.61
10.51
6.32
7.04
7.82
(')
11.88
8.63
10.58
6.33
(')
7.09
7.88
(*)
11.86
8.68
10.66
6.35
(x)
7.11
7.91
(l)
12.00
8.76
10.70
6.39
(*)
7.14
7.91
(x)
12.00
8.75
10.77
6.40
(l)
7.15
12.02
8.78
10.76
6.43
C)
7.19
11.86
8.79
r
10.82
r
6.45
C)
r
7.24
138.9
92.6
148.2
132.0
141.9
139.4
138.0
138.1
137.3
148.3
93.3
159.0
141.1
152.5
148.6
145.0
148.3
147.6
148.0
92.8
159.2
140.5
152.5
148.5
144.6
146.8
147.4
148.8
92.8
160.9
141.2
153.3
148.8
145.2
148.2
148.5
149.6
93.0
161.0
141.4
154.1
149.9
145.8
150.0
149.4
150.0
93.1
162.8
141.6
154.6
150.1
146.2
150.6
149.8
150.7
93.1
162.1
142.9
154.7
151.1
147.1
152.0
150.5
151.1
93.4
162.9
141.9
155.3
152.2
147.5
152.6
150.7
151.9
94.1
163.0
144.0
155.8
153.1
148.1
153.0
152.0
152.7
94.7
164.7
144.0
156.5
154.4
148.9
156.7
152.2
153.4
95.3
165.1
145.6
157.3
155.2
149.3
157.4
152.4
153.4
95.0
164.0
145.5
157.1
155.9
149.6
156.6
152.6
154.0
94.8
165.7
145.9
157.0
155.9
150.5
157.4
154.0
154.6
94.7
165.0
144.5
157.7
156.6
151.2
159.0
154.9
154.8
94.7
166.7
144.6
157.8
156.8
151.5
158.0
155.4
P
12.92
16.78
14.28
18.56
14.15
18.40
14.45
18.70
14.56
18.98
14.64
18.99
14.64
19.01
14.69
19.10
14.77
19.26
14.86
19.34
14.92
19.46
14.92
19.46
14.92
19.46
14.92
19.49
15.24
19.85
p
11.59
11.64
12.07
12.17
12.53
12.79
12.48
279.75
171.42
Nondurable goods
Excluding overtime
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products ..
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee ....
Leather and leather products
Transportation and public utilities
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
Seasonally adjusted:
Private nonagricultural payrolls
Mining
Construction
Manufacturing
Transportation and public utilities
Wholesale and retail trade
Finance, insurance, and real estate
Services
Indexes of avg. hourly earnings, seas, adj.: H
Private nonfarm economy:
Current dollars
1977=100.
1977 dollars i
do...
Mining
do...
Construction
do...
Manufacturing
do...
Transportation and public utilities
do...
Wholesale and retail trade
do...
Finance, insurance, and real estate
do...
Services
do...
Hourly wages, not seasonally adjusted:
Construction wages, 20 cities (ENR): §
Common labor
$ per hr.
Skilled labor
do...
Farm (U.S.) wage rates, hired workers, by
method of pay:
All workers, including piece-rate
$ per hr.
All workers, other than piece-rate
do...
Workers receiving cash wages only
do...
Workers paid per hour, cash wages only.... do...
Railroad wages (average, class I)
do...
Avg. weekly earnings per worker,
private nonfarm: fl
Current dollars, seasonally adjusted
1977 dollars, seasonally adjusted t
Spendable earnings (worker with 3 dependents):
Current dollars, seasonally adjusted
1977 dollars, seasonally adjusted t
Current dollars, not seasonally adjusted:
Private nonfarm, total
dollars.
Mining
do...
Construction
do...
Manufacturing
do...
Durable goods
do...
Nondurable goods
do...
Transportation and public utilities
do...
Wholesale and retail trade
do...
Wholesale trade
do...
Retail trade
do...
Finance, insurance, and real estate
do...
Services
do...
255.20
170.13
0)
r
7.95
O
r
r
r
8.00
(')
11.86
8.82
10.83
6.48
7.97
H
See footnotes at end of tables.
1967=100.
P
p
8.13
"7.82
p
8.19
11.01
p
6.17
P
5.33
p
10.09
p
9.14
p
10.57
p
13.15
P
8.13
p
5.54
p
10.85
P
6.46
p
8.39
P
5.71
p
7.28
p
7.18
p
p
8.02
H
"11.83
p
8.85
p
10.87
p
6.49
(')
P
7.25
7.26
155.2
p
94.6
168.6
P
144.2
p
158.1
p
157.9
P
151.8
p
158.7
P
155.7
p
15.35
"20.05
266.92
167.87
267.68
167.93
268.73
167.54
269.00
167.18
269.00
166.98
269.27
166.32
269.97
166.96
272.14
168.61
276.59
171.48
272.90
169.61
275.27
170.45
277.46
170.85
r
280.80
"281.50
266.92
459.23
426.45
330.65
356.06
296.83
401.70
198.10
307.97
163.55
245.44
224.94
267.40
461.38
430.13
334.05
360.99
297.99
400.86
198.38
306.46
164.35
242.23
224.35
270.34
461.55
440.42
332.60
357.50
299.15
403.37
202.12
310.76
167.93
245.07
227.40
271.04
461.31
438.42
331.89
356.33
299.54
410.55
201.50
311.50
167.62
249.02
227.70
270.05
461.58
433.21
334.15
357.63
304.19
405.85
200.30
311.04
165.55
249.09
228.57
270.31
459.22
440.75
333.84
357.90
301.08
406.62
199.39
313.01
164.79
252.31
228.80
271.01
458.02
423.09
338.37
363.13
305.74
413.01
199.71
313.39
164.58
253.40
230.10
273.70
465.47
440.13
344.60
371.45
310.85
416.30
203.15
317.34
168.97
254.46
232.11
273.34
476.43
440.96
341.43
367.62
307.64
409.04
201.59
318.27
164.98
262.44
234.79
270.86
464.63
424.80
339.50
366.81
305.22
411.65
199.31
313.81
163.30
260.64
232.96
274.13
467.74
434.98
346.10
372.53
311.20
413.32
201.90
316.74
166.42
258.84
233.74
275.52
469.25
436.73
349.05
375.19
313.97
413.79
203.18
319.42
167.29
261.00
234.72
r
278.15
472.64
441.32
350.32
r
377.34
315.58
r
415.64
r
205.43
321.86
169.59
265.35
r
236.42
281.34
479.40
445.33
r
355.92
r
382.30
'318.79
r
419.54
207.05
323.15
171.87
r
261.73
r
236.55
"282.85
"474.55
"450.38
"355.29
p
379.76
p
321.95
P
425.32
"209.95
"325.53
"174.73
"263.54
"238.38
83
83
81
87
92
220.57
147.05
255.20
438.75
399.26
318.00
343.31
280.74
382.18
190.62
291.06
158.03
229.05
208.97
r
r
r
r
HELP-WANTED ADVERTISING
Seasonally adjusted index
P
7.99
11.38
"11.79
P
8.86
"8.55
p
9.40
"9.08
"7.88
"6.64
P
9.36
P
11.41
p
9.10
P
9.65
p
8.66
"11.59
p
8.51
"6.88
7.25
10.04
10.82
7.99
7.72
8.54
8.25
6.99
5.91
8.27
10.81
8.19
8.81
7.62
10.39
7.42
5.97
Private nonagric. payrolls
dollars.
Mining
do...
Construction
do...
Manufacturing
do...
Excluding overtime
do...
Durable goods
do...
Excluding overtime
do...
Lumber and wood products
do...
Furniture and fixtures
do...
Stone, clay, and glass products
do...
Primary metal industries
do...
Fabricated metal products
do...
Machinery, except electrical
do...
Electric and electronic equipment .... do...
Transportation equipment
do...
Instruments and related products .... do...
Miscellaneous manufacturing
do...
73
August 1983
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as showi*
in the 1979 edition of BUSINESS STATISTICS
1981
S-13
1983
1982
1982
Annual
June
July
Aug.
Sept.
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
June
May
July
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
WORK STOPPAGES H
Work stoppages involving 1,000 or more workers:
Number of stoppages:
Beginning in month or year
number..
145
Workers involved in stoppages:
Beginning in month or year
thous.,
729
Days idle during month or year
do...,
16,908
UNEMPLOYMENT INSURANCE
Unemployment insurance programs:
Insured unemployment, all programs, average
weekly # @
thous.
3,410
State programs (excl. extended duration prov.):
2
Initial claims
thous.
23,939
Insured unemployment, avg. weekly
do...
3,048
Percent of covered employment: @ @
Unadjusted
3.5
Seasonally adjusted
2
2,614
Beneficiaries, average weekly
thous..
Benefits paid @
mil. $. '13,257.8
Federal employees, insured unemployment,
average weekly
thous.
32
Veterans' program (UCX):
Initial claims
do...
193
Insured unemployment, avg. weekly
do...
41
Beneficiaries, average weekly
do...
41
2
Benefits paid
mil. $.
280.7
Railroad program:
Applications
thous.
184
Insured unemployment, avg. weekly
do...
40
Benefits paid
mil. $.
210.8
96
18
656
9,061
43
907
38
845
4,590
4,328
4,495
30,298
4,057
2,399
3,707
2,658
3,912
4.6
3,558
2
21,485.3
390
2,089
38
905
2
805
0
764
2
795
14
844
9
1,127
3
790
4,398
4,282
4,391
4,635
5,074
5,459
5,437
5,134
4,642
2,358
3,831
2,344
3,712
2,443
3,828
2,661
4,156
3,080
4,581
3,143
4,923
2,065
4,759
2,075
4,401
1,874
3,906
5.2
4.4
4.2
4.7
4.3
4.6
4.4
5.0
4.7
5.0
4.7
4.5
5.3
5.3
3,877
3,329
3,414
3,306
3,282
3,448
3,332
1,692.2 1,682.1 1,747.3 1,711.3 1,647.3 1,820.0 2,138.0
5.5
5.0
5.6
4.5
4.5
4.5
4,228
4,246
4,358
2,205.6 2,052.4 2,367.8
r
24
494
57
676
r
41
1,048
3,447
p
l,695
3,361
4.5
3.9
4.4
4.1
3,568 p3,032
1,817.5 1,616.6
32
28
29
27
28
31
33
35
33
31
136
11
9
55.3
10
8
7
3.3
10
7
6
2.8
11
7
5
2.8
6
2.9
10
9
7
3.4
17
14
8
4.0
24
26
20
11.2
21
37
32
16.8
16
37
36
18.0
18
34
34
19.6
15
30
28
14.8
14
26
24
13.8
246
62
338.7
36
41
18.6
70
54
18.0
20
59
27.0
14
65
31.1
20
73
31.6
17
78
35.1
17
81
39.5
20
95
44.5
7
76
33.1
68
36.2
9
79
24.8
4
74
29.4
22
FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers' acceptances
mil. $.
Commercial and financial co. paper, total
do...
Financial companies
do...
Dealer placed
do...
Directly placed
do...
Nonfinancial companies
do...
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total, end of period
mil. $.
Farm mortgage loans:
Federal land banks
do...
Loans to cooperatives
do...
Other loans and discounts
do...
Federal Reserve banks, condition, end of period:
Assets, total #
mil. $.
Reserve bank credit outstanding, total # .. do...
Time loans
do...
U.S. Government securities
do...
Gold certificate account
do...
Liabilities, total #
do...
Deposits, total
do...
Member-bank reserve balances
do...
Federal Reserve notes in circulation
do...
All member banks of Federal Reserve System,
averages of daily figures:
Reserves held, total
mil. $.
Required
do...
Excess
do...
Borrowings from Federal Reserve banks
do...
Free reserves
do...
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:
Deposits:
Demand, adjusted §
mil. $.
Demand, total #
do...
Individuals, partnerships, and corp
do...
State and local governments
do...
U.S. Government
do...
Domestic commercial banks
do...
Time, total #
do...
Individuals, partnerships, and corp.:
Savings
do...
Other time
do...
Loans (adjusted), total §
do...
Commercial and industrial
do...
For purchasing or carrying securities
do...
To nonbank financial institutions
do...
Real estate loans
do...
Other loans
do...
Investments, total
do...
U.S. Government securities, total
do...
Investment account *
do...
Other securities
do...
See footnotes at end of tables.
69,226
161,114
111,908
30,357
81,551
49,206
79,543
71,765 72,559 72,709 73,818 75,811 77,125 79,543 77,529 73,706 70,843 70,389
180,015 180,878 174,094 171,627 170,365 166,941 33162,330 167,304 169,142 166,534 169,892 169,870 172,059
121,083 122,885 117,202 115,216 115,530 115,650 3118,640 120,626 122,230 121,034 123,819 125,552 127,318
35,446 36,983 36,657 35,584 35,893 36,147 34,666 36,755 38,363 36,529 36,984 38,205 38,645
83,974 85,637 85,902 80,545 79,632 79,637 79,503 383,974 83,871 83,867 84,505 86,835 87,347 88,673
43,690 58,932 57,993 56,892 56,411 54,835 51,291 43,690 46,678 46,912 45,500 46,073 44,318 44,741
3
162,330
3
118,640
3
34,666
3
78,206
80,408
81,415
81,659
81,564
81,566
81,352
80,766
80,408
80,202
80,356
80,856
81,022
81,024
81,165
46,463
9,124
22,619
50,375
8,423
21,609
49,289
8,670
23,456
49,582
8,355
23,722
49,845
8,034
23,685
50,006
8,078
23,464
50,160
8,288
22,904
50,292
8,477
21,998
50,375
8,423
21,609
50,364
8,882
20,955
50,429
9,102
20,825
50,569
9,341
20,946
50,687
9,259
21,076
50,778
8,967
21,279
50,884
8,630
21,652
176,778
143,906
1,601
130,954
11,151
176,778
30,816
25,228
131,906
190,128
153,769
717
139,312
11,148
190,128
34,334
26,489
141,990
173,810
140,244
1,638
127,005
11,149
173,810
25,325
20,198
134,228
177,673
143,812
458
132,640
11,149
177,673
29,893
24,974
134,115
180,258
144,502
449
132,858
11,148
180,258
29,076
24,993
135,374
180,647
146,838
1,123
134,393
11,148
180,647
32,095
20,318
135,197
186,454
142,629
438
132,080
11,148
186,454
36,638
24,678
136,048
187,494
149,394
374
137,676
11,148
187,494
29,884
26,533
139,989
190,128
153,769
717
139,312
11,148
190,128
34,334
26,489
141,990
176,424
142,656
354
132,368
11,144
176,424
26,275
22,683
137,667
183,117
142,975
1,155
135,561
11,139
183,117
29,160
22,468
139,060
182,445
148,860
2,808
136,651
11,138
182,445
28,100
23,419
141,497
189,421
151,134
848
141,550
11,135
189,421
32,321
23,193
142,497
185,011
152,198
1,260
141,180
11,132
185,011
26,054
20,567
145,783
189,579
155,649
3,610
141,673
11,131
r
189,579
27,508
18,004
r
147,549
189,478
155,314
1,113
144,255
11,131
189,478
27,781
23,046
147,094
l
41,918
'41,606
'312
'642
'-277
X
41,853
1
39,567
39,257
310
1,205
-656
39,864
39,573
291
669
-153
40,177
39,866
311
510
-80
39,963
39,579
384
976
-490
40,587
40,183
404
455
35
41,199
40,797
402
579
-130
41,853
41,353
500
697
-164
41,862
41,316
546
500
79
39,797
39,362
435
557
-83
38,039
37,602
437
852
-362
38,650
38,174
476
993
-435
38,282
37,833
449
902
-355
r
38,415
r
37,935
r
480
1,714
r
-l,113
39,046
38,444
602
1,382
-608
108,595
187,518
140,376
5,235
2,148
21,896
362,502
109,585
189,652
139,364
5,487
1,767
23,613
406,773
102,251 97,253 102,733 96,774
178,400 158,754 182,441 164,559
133,059 120,177 136,241 124,088
4,488
4,843
5,706
4,586
1,874
1,575
899
2,327
20,459 17,299 20,735 17,939
384,708 392,964 401,138 401,322
104,673
187,996
139,931
5,391
3,014
22,492
403,346
107,467
190,848
143,159
5,238
1,064
23,374
400,640
109,585
189,652
139,364
5,487
1,767
23,613
406,773
103,892
173,523
131,271
5,722
1,213
19,964
416,773
105,018
182,699
136,570
5,533
2,580
20,790
415,929
103,300
173,389
130,202
4,439
2,095
18,668
415,145
102,186
170,795
129,353
4,863
3,477
17,587
409,948
105,580
201,731
150,310
5,482
1,134
25,867
411,392
104,052
180,687
134,190
5,510
2,031
20,667
414,174
105,843
179,459
134,522
5,309
3,221
20,103
415,834
76,971
250,511
470,988
195,499
10,756
26,729
124,444
146,367
116,905
36,819
30,872
80,086
110,640
258,127
505,603
216,860
11,223
26,926
132,336
155,314
125,863
44,586
36,730
81,277
79,522
269,310
490,410
212,198
8,685
27,655
129,614
144,084
115,205
36,941
29,088
78,264
85,214
278,990
503,444
216,754
12,207
27,312
131,706
154,587
122,277
42,270
33,043
80,007
85,764
276,282
503,395
216,892
11,627
27,017
131,954
152,179
122,219
44,152
34,740
78,067
110,640
258,127
505,603
216,860
11,223
26,926
132,336
155,314
125,863
44,586
36,730
81,277
147,742
233,046
507,196
218,565
9,758
26,361
133,935
155,643
131,837
48,816
38,677
83,021
159,156
221,957
507,802
218,288
11,151
26,561
134,163
157,475
131,316
49,391
40,047
81,925
164,469
216,971
503,066
216,608
10,811
26,581
134,568
147,288
129,975
49,098
40,587
80,877
166,832
211,054
499,741
214,650
10,010
25,301
134,009
151,140
135,147
50,996
41,118
84,151
174,817
207,808
505,058
214,426
12,084
26,005
134,358
159,109
137,979
54,352
43,885
83,627
173,545
212,468
506,066
213,330
12,764
25,383
134,860
155,512
136,946
53,742
43,425
83,204
175,021
214,414
508,984
215,445
11,940
25,687
135,703
160,976
135,743
51,445
41,612
84,298
41,353
'500
'697
^164
78,780
276,169
487,857
210,394
9,421
27,389
129,964
143,136
115,192
37,542
28,841
77,650
80,857
280,507
495,076
212,637
10,257
28,134
130,883
151,432
115,619
36,996
30,044
78,623
79,876
281,554
499,214
217,148
10,495
27,036
131,702
148,459
116,464
37,798
30,695
78,666
r
August 1983
SURVEY OF CURRENT BUSINESS
S-14
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
June
Annual
1983
1982
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FINANCE—Continued
BANKING—Continued
Commercial bank credit, seas, adj.:
Total loans and securities j]
U.S. Treasury securities
Other securities
Total loans and leases
fi
1,316.3
111.0
231.4
973.9
bil. $.
do...
do...
do...
r
l,412.0
130.9
r
239.2
1,042.0
1,368.8 1,376.1 1,383.1 1,389.4 1,397.5 1,398.5 1,412.0 1,428.2 1,436.5 rl,450.1 1,460.6 1,474.4 1,488.0 1,499.9
139.8
126.4
130.9
144.5
122.3
151.0
117.8
118.2
171.2
172.9
115.8
157.8
116.5
166.1
243.3
235.8 r239.2
243.2
237.2
242.8
237.1
237.6
246.2
246.0
235.9
243.4
235.9
245.0
1,017.1 1,023.7 1,028.3 1,033.5 1,038.1 1,036.4 1,042.0 1,045.1 1,048.8 1,056.3 1,059.5 1,063.3 1,070.6 1,081.0
Money and interest rates:
Discount rate (N.Y.F.R. Bank) @@
13.41
percent.
11.02
12.00
13.73
11.81
13.63
10.68
13.43
10.00
13.21
9.68
12.90
9.35
12.48
8.73
12.14
8.50
11.58
8.50
11.11
8.50
10.83
8.50
10.51
8.50
10.20
8.50
10.14
14.49
14.78
14.74
15.01
15.01
14.96
15.05
15.03
14.34
14.71
13.86
14.37
13.26
13.74
13.09
13.44
13.00
13.04
12.62
12.88
12.97
12.61
12.02
12.42
12.21
12.36
'11.90
r
12.21
12.02
12.18
11.89
11.89
11.20
14.00
13.79
12.69
12.90
13.00
12.15
10.34
10.80
9.93
10.40
10.86
9.63
9.24
9.21
8.60
8.76
8.72
8.42
8.54
8.50
8.20
8.19
8.15
7.97
8.36
8.39
8.26
8.54
8.48
8.35
8.49
8.48
8.41
8.36
8.31
8.15
9.04
9.03
8.80
9.33
9.36
9.10
9.006
8.196
7.750
8.042
8.013
7.810
8.130
8.304
8.252
8.185
8.820
9.120
Federal intermediate credit bank loans
do...
2
2
Home mortgage rates (conventional 1st
mortgages):
New home purchase (U.S. avg.)
Existing home purchase (U.S. avg.)
percent.
do...
2
14.13
14.51
2
2
2
4
15.32
14.76
13.73
3
3
3
3
3
14.20
Open market rates, New York City:
Bankers' acceptances, 90 days
do...
Commercial paper, 6-month ±
do...
Finance co. paper placed directly, 6-mo @ do...
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent.
13.56
3
3
334,508
316,291
344,901
331,805
14.077
10.686
6
8.50
10.22
CONSUMER INSTALLMENT CREDIT
Total extended and liquidated:
Unadjusted:
Extended
Liquidated
mil. $.
do...
Seasonally adjusted:
Extended, total #
By major holder:
Commercial banks
Finance companies
Credit unions
Retailers
By major credit type:
Automobile
Revolving
Mobile home
Liquidated, total #
By major holder:
Commercial banks
Finance companies
Credit unions
Retailers
By major credit type:
Automobile
Revolving
Mobile home
By major credit type:
Automobile
Revolving
Mobile home
27,881
26,896
30,138
28,453
29,554
27,056
27,929
28,926
31,423
29,522
34,567
28,143
do...
30,034
27,982
28,024
28,619
28,650
31,691
30,777
do...
do...
do...
do...
13,819
5,781
2,889
4,626
12,958
4,646
2,737
4,740
12,984
4,580
2,916
4,470
13,219
4,841
3,047
4,621
13,754
4,533
2,963
4,457
14,806
6,099
3,434
4,444
14,236
5,861
3,295
4,446
do..
do..
do..
do...
8,364
13,367
498
28,011
7,376
12,658
507
27,143
7,162
12,728
615
27,768
7,488
12,705
522
27,363
8,041
12,614
543
28,781
10,177
12,778
486
29,676
9,716
12,491
473
28,359
do...
do...
do...
do...
13,373
4,714
2,810
4,429
12,671
4,494
2,784
4,494
13,005
4,772
2,759
4,513
12,531
4,735
2,792
4,552
13,681
4,905
2,925
4,524
14,349
5,048
3,022
4,495
13,125
4,837
3,098
4,537
do...
331,697
8,225
7,395
8,111
8,643
7,542
7,139
7,339
12,640 12,100 12,529 12,394 12,533 12,739 11,990
447
510
403
578
463
438
399
344,798 332,303 333,285 334,971 337,469 336,473 338,372 344,798 343,151 340,343 342,568 344,748 347,189 353,012
do...
do...
do...
do...
147,622
89,818
45,954
29,551
152,069 147,227 147,559 148,438 149,801 149,528 149,651 152,069 150,906 150,257 151,319 152,408 153,471 156,603
94,322 93,009 93,353 93,207 93,357 92,541 93,462 94,322 95,080 93,859 94,817 94,675 95,364 96,349
47,253 45,882 45,698 46,154 46,846 46,645 46,832 47,253 46,946 46,757 47,081 47,505 47,838 48,652
30,202 26,645 26,710 26,751 26,829 27,046 27,639 30,202 28,859 27,734 27,472 27,455 27,541 27,804
do...
do...
do...
125,331
62,819
18,373
130,227 128,143 128,110 128,051 128,865 128,375 129,299 130,227 129,482 129,055 130,959 131,976 133,640 136,183
67,184 59,946 60,556 61,293 61,845 61,836 62,362 67,184 65,562 63,372 63,091 63,521 63,459 64,899
18,988 18,603 18,721 18,918 19,011 19,043 19,049 18,988 19,291 19,374 19,379 19,400 19,448 19,647
do..
do..
do-
Total outstanding, end of year or month #
By major holder:
Commercial banks
Finance companies
Credit unions
Retailers
31,655
28,711
FEDERAL GOVERNMENT FINANCE
Budget receipts and outlays:
Receipts (net)
Outlays (net)
Budget surplus or deficit (—)
mil. $.
do...
do...
l
599,272
'657,204
'-57,932
5
Budget financing, total
Borrowing from the public
Reduction in cash balances
do...
do...
do...
57,932
l
79,329
'-21,397
Gross amount of debt outstanding
Held by the public
do...
do...
1,003,941
'794,434
Budget receipts by source and outlays by agency:
Receipts (net), total
mil. $.
Individual income taxes (net)
do...
Corporation income taxes (net)
do...
Social insurance taxes and contributions
(net)
mil. $.
Other
do...
'617,766 66,353 44,675 44,924 59,694 40,539 42,007
'728,424 59,629 64,506 59,628 61,403 66,708 66,166
6,724 -19,831 -14,704 -1,708 -26,169 -24,158
-110,658
5
4,575 26,462 24,845
127,989 -4,457 20,962 16,751
3,260 14,348 21,086 22,129
'134,912
6,228 25,923
335 -17,554 20,234 -1,078
6,614
'-6,923 -7,717
'1.146,987 1,084,658 1,094,628 1,114,214 1,146,987 1,147,713 1,166,569
'929,346 871,783 886,131 907,218 929,346 935,574 961,497
'617,766
'298,111
'49,207
66,353
32,273
10,589
44,675
23,987
601
44,924
20,867
422
59,694
32,592
6,146
40,539
20,832
6
42,007
22,452
-680
54,498
24,946
8,164
57,505
34,151
1,164
38,816
20,544
-274
43,504
15,658
4,373
66,234
35,040
4,796
33,755
6,384
-302
66,517
32,773
9,955
43,948
21,938
856
'182,720
'69,499
17,572
5,918
59,629
1,526
16,041
14,874
5,214
64,506
2,668
16,329
17,961
5,674
59,628
2,184
15,011
15,608
5,348
61,403
3,026
16,447
15,157
5,010
66,708
4,107
15,896
14,902
5,332
66,166
5,374
16,461
15,776
5,613
72,436
7,499
17,615
17,071
5,119
67,087
5,836
15,901
13,797
4,748
64,152
3,847
16,199
17,939
5,533
69,540
3,084
18,453
21,481
4,918
69,542
4,626
17,115
22,330
5,344
63,040
2,503
16,888
17,903
5,886
63,116
2,787
17,908
15,316
5,838
65,360
2,429
16,936
21,087
14,090
497
1,923
22,499
8,643
435
3,097
21,168
9,235
491
994
21,424
7,179
467
1,924
22,200
9,149
482
1,942
22,817
9,076
632
2,066
23,440
14,327
524
3,200
22,197
9,248
468
834
22,220
9,512
494
2,061
23,405
8,014
672
2,286
24,167
8,113
487
3,354
22,234
9,679
603
878
22,862
13,944
571
1,900
22,724
8,969
583
2,021
do...
do...
do...
'657,204
'26,030
'156,035
mil. $.
do...
do...
do...
'230,304
'92,633
'5,421
'22,904
'251,268
'110,521
'6,026
'23,937
GOLD AND SILVER:
Gold:
Monetary stock, U.S. (end of period)
mil. $.
Price at New York
fl:
dol. per troy oz.
11,151
459.614
Silver:
Price at New York $$
See footnotes at end of tables.
dol. per troy oz.
43,504 66,234 33,755 66,517 43,948
69,540 69,542 63,040 63,116 65,360
-26,036 -3,308 -29,285
3,401 -21,412
27,296
4,447 30,476 -1,382 22,705
31,303
2,681 18,497 25,719 11,877
-4,007
1,766 11,979 -27,101 10,828
1,249,312 1,252,706 1,296;125 1,324,318 1,331,595
1,047,033 1,049,714 1,068,211 1,093,930 1,105,806
'599,272
'285,917
'61.137
'201,131
'69,317
'728,424
'36,213
'182,850
Outlays, total #
Agriculture Department
Defense Department, military
Health and Human Services
Department §
Treasury Department
National Aeronautics and Space Adm
Veterans Administration
54,498 57,505 38,816
72,436 67,087 64,152
-17,938 -9,582 -25,336
9,916 25,341
18,103
6,419 17,919
29,895
3,497
7,422
-11,792
1,201,898 1,205,899 1,220,132
991,392 997,811 1,015,730
10.518
11,148 11,149 11,149 11,148 11,148 11,148 11,148 11,148 11,144 11,139 11,138 11,135 11,132 11,131 11,131
376.010 314.982 340.102 365.952 435.564 421.755 414.993 445.431 479.893 490.408 419.696 432.188 437.555 412.841 423.053
7.947
5.578
6.497
8.725
9.458
9.892
10.586
12.396
13.964
10.619
11.694
12.976
11.749
12.088
August 1983
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
S-15
1983
1982
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FINANCE—Continued
MONETARY STATISTICS
Currency in circulation (end of period)
bil. $..
145.6
156.2
148.2
Money stock measures and components (averages
of daily figures): t
Measures (not seasonally adjusted): ±
Ml
bil. $.
M2
do...
M3
do...
L (M3 plus other liquid assets)
do...
430.0
1,716.6
2,061.3
2,491.3
458.0
1,878.3
2,278.5
2,777.4
450.8
1,865.4
2,257.2
2,763.8
119.8
240.3
65.6
33.0
109.8
361.5
788.2
287.1
128.4
234.9
90.3
41.1
172.4
350.3
859.0
326.4
128.3
230.7
87.2
40.3
170.1
348.6
861.4
323.5
129.8
231.7
87.9
41.8
172.9
348.6
871.6
327.4
149.2
154.1
156.2
461.0
1,908,7
2,324.4
2,825.5
470.6
1,928.6
2,350.4
2,860.9
479.0
1,943.6
2,369.2
2,881.3
491.0
1,964.5
2,385.3
2,904.7
489.7
2,018.3
r
2,415.1
r
2,945.6
480.6
2,042.5
2,427.0
2,964.9
489.2
2,065.9
2,445.9
2,993.0
130.1
229.6
89.8
42.4
182.3
346.8
876.6
332.9
130.2
232.9
93.3
41.5
185.1
348.2
879.0
334.9
131.3
237.6
97.3
43.9
187.6
357.8
875.3
339.1
132.7
240.6
101.5
45.2
191.1
363.4
871.6
340.8
135.2
247.7
104.0
44.3
182.2
356.7
853.9
336.5
133.2
245.1
107.5
47.3
166.7
334.7
798.6
314.2
133.7
232.8
110.0
48.8
159.6
324.5
758.5
302.6
135.4
235.2
114.3
48.7
154.0
323.2
737.7
298.9
454.3
454.3
1,883.0 1,896.5
2,280.8 2,308.8
2,790.0 2,811.8
Components (not seasonally adjusted):
Currency
Demand deposits
Other checkable deposits t$
Overnight RP's and Eurodollars *
Money market mutual funds
Savings deposits
Small time deposits @
Large time deposits @
do...
do...
do...
do...
do...
do...
do...
do...
Measures (seasonally adjusted): t
Ml
M2
M3
L (M3 plus other liquid assets)
do...
do...
do...
do...
453.4
1,864.5
2,260.2
2,767.0
454.4
1,880.9
2,283.4
2,798.2
458.3
1,903.6
2,317.9
2,823.6
463.2
1,917.0
2,333.9
2,840.5
468.7
1,929.7
2,352.0
2,866.0
474.0
1,945.0
2,370.2
2,882.4
478.2
1,959.5
2,377.6
2,896.8
482.1
2,010.0
2,403.3
2,930.7
491.1
2,050.8
2,430.6
2,960.5
497.6
2,069.9
2,447.1
2,988.3
Components (seasonally adjusted):
Currency
Demand deposits
Savings deposits
Small time deposits @
Large time deposits @
do...
do...
do...
do...
do...
128.2
232.3
347.2
859.3
327.4
128.8
232.1
345.0
872.9
332.1
129.6
232.5
346.7
879.8
334.9
130.5
234.0
350.0
883.2
336.1
131.3
236.0
358.0
878.0
339.6
131.9
237.6
366.4
874.9
340.4
132.8
239.8
359.3
859.1
333.8
134.2
239.4
335.1
797.4
310.7
135.6
238.7
325.7
755.1
297.9
137.0
240.1
322.7
733.8
296.2
504.5
2,088.4
2,465.5
r
r
r
r
499.8
2,092.7
2,471.7
137.4
242.4
120.2
50.6
146.7
324.3
728.6
298.1
r
r
496.5
2,074.7
2,454.0
r
r
508.3
2,114.0
2,495.9
r
r
140.3
242.1
121.0
r
56.0
r
139.6
326.3
723.9
r
301.6
142.0
245.0
122.5
52.4
138.4
326.5
734.2
302.6
r
511.7
2,114.3
2,499.3
515.5
2,125.4
2,510.0
138.9
238.2
118.2
r
55.1
'141.1
324.6
722.7
r
298.2
507.4
2,096.2
2,476.5
r
r
r
r
r
r
139.3
242.5
323.1
720.1
r
299.5
140.3
244.0
325.0
•722.1
r
304.7
13,944
9,213
9,086
2,217
3,922
441
3,916
492
5,381
715
11,214
r
2,715
r
612
1,293
13,495
3,477
556
1,904
8,313
3,030
653
913
370
505
4,442
205
381
1,842
138.0
238.9
321.5
725.7
300.4
r
514.7
2,126.9
2,507.8
r
140.9
245.7
323.5
735.0
306.3
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Bureau of the Census):
Net profit after taxes, all industries
mil. $.
Food and kindred products
do...
Textile mill products
do...
Paper and allied products
do...
Chemicals and allied products
do...
101,302
9,109
1,157
3,110
12,973
71,028
8,383
851
1,460
10,324
20,044
2,181
144
436
2,821
17,828
1,845
258
408
2,478
14,114
2,462
339
198
2,062
15,729
1,488
241
441
2,755
Petroleum and coal products
do...
Stone, clay, and glass products
do...
Primary nonferrous metal
do...
Primary iron and steel
do...
Fabricated metal products (except ordnance,
machinery, and transport, equip.)
mil. $.
23,733
1,627
2,124
3,507
'408
-333
-3,705
4,040
165
59
-276
5,225
280
-36
-906
5,237
161
-467
-2,550
3,658
-123
-114
-759
4,235
2,320
833
Machinery (except electrical)
Elec. machinery, equip., and supplies
do...
do...
12,580
7,872
8,038
6,449
2,377
1,717
1,786
1,602
1,152
1,428
1,306
1,313
Transportation equipment (except motor
vehicles, etc.)
mil. $.
Motor vehicles and equipment
do...
All other manufacturing industries
do...
3,722
-209
15,762
2,566
734
13,867
653
1,072
3,822
706
-18
3,767
598
-321
3,523
595
1,058
3,534
do...
40,317
41,259
10,085
10,561
9,902
mil. $.
68,970
74,591
5,349
5,457
8,937
7,310
9,596
6,846
7,997
7,889
8,862
12,406
do...
38,966
45,211
2,628
3,179
6,363
5,026
6,967
3,588
4,133
4,761
3,666
5,487
r
do...
do...
25,004
1,633
23,399
5,048
2,554
67
1,387
641
1,849
622
1,663
520
1,918
611
2,694
563
3,447
418
2,534
594
3,041
1,955
5,982
937
r
mil. $.
do...
do...
do...
65,603
15,463
8,553
13,304
73,660
13,875
7,429
15,326
5,249
328
1,700
814
5,208
1,222
652
645
8,834
2,131
395
1,476
7,210
1,505
750
1,783
9,496
2,863
302
1,795
6,845
1,251
494
1,119
7,997
1,634
230
1,393
7,889
2,089
1,218
663
8,662
1,846
419
1,387
12,406
2,477
1,515
1,545
Transportation
Communication
Financial and real estate
do...
do...
do...
1,897
5,871
15,743
2,091
4,175
24,456
131
166
1,882
5
166
2,079
464
679
2,657
124
305
2,324
518
307
2,938
306
89
2,734
46
1,586
2,130
386
187
2,703
664
25
3,599
336
1,883
3,219
State and municipal issues (Bond Buyer):
Long-term
do...
46,134
34,443
77,179
43,390
5,667
4,848
5,822
3,302
6,650
4,766
6,420
3,146
8,082
3,357
9,951
3,396
9,857
3,365
3,492
5,897
1,714
7,850
2,282
14,411
13,325
11,783
11,729
11,396
11,208
11,728
12,459
13,325
13,370
3,515
7,150
5,735
8,390
4,215
6,345
4,410
6,730
4,470
7,550
4,990
7,475
5,520
8,120
5,600
8,395
5,735
8,390
6,257
8,225
6,195
7,955
6,370
7,965
6,090
7,970
6,090
8,310
6,150
8,590
33.7
43.2
35.8
41.8
32.1
38.3
32.8
39.4
35.7
43.2
38.0
45.6
41.7
49.7
44.2
48.7
42.9
49.0
42.5
51.6
41.3
51.3
42.6
53.1
43.8
54.2
44.4
53.9
42.2
51.1
40.4
51.4
Sales:
N e w York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $. 5,733.07
7,155.44
499.02
463.04
724.38
699.80
875.39
770.43
792.60
787.72
689.61
793.35
729.15
687.63
641.90
538.78
Dividends paid (cash), all industries
292
SECURITIES ISSUED @@
Securities and Exchange Commission:
Estimated gross proceeds, total
By type of security:
Bonds and notes, corporate
Common stock
Preferred stock
By type of issuer:
Corporate, total #
Manufacturing
Extractive (mining)
Public utility
Short-term
do...
r
ll,214
6,852
r
337
r
986
3,160
9,832
5,875
r
9,083
2,226
r
r
8,371
3,628
4,006
2,992
SECURITY MARKETS
Stock Market Customer Financing
Margin credit at brokers, end of year
or month
Free credit balances at brokers:
Margin accounts
Cash accounts
Bonds
mil. $.
do...
do...
Prices:
Standard & Poor's Corporation:
High grade corporate:
Composite §
dol. per $100 bond.
Domestic municipal (15 bonds)
do...
See footnotes at end of tables.
15,590
18,292
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
August 1983
1982
July
Annual
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
July
FIN ANCE—Continued
Bonds—Continued
Yields:
Domestic corporate (Moody's)
By rating:
Aaa
Aa
A
Baa
By group:
Industrials
Public utilities
Railroads
Domestic municipal:
Bond Buyer (20 bonds)
Standard & Poor's Corp. (15 bonds)
U.S. Treasury bonds, taxable $
Stocks
percent..
15.06
14.94
15.77
15.70
15.06
14.34
13.54
13.08
13.02
12.90
13.02
12.72
12.44
12.30
12.54
12.73
do....
do....
do....
do....
14.17
14.75
15.29
16.04
13.79
14.41
15.43
16.11
14.81
15.26
16.07
16.92
14.61
15.21
16.20
16.80
13.71
14.48
15.70
16.32
12.94
13.72
15.07
15.63
12.12
12.97
14.34
14.73
11.68
12.51
13.81
14.30
11.83
12.44
13.66
14.14
11.79
12.35
13.53
13.94
12.01
12.58
13.52
13.95
11.73
12.32
13.20
13.61
11.51
12.06
12.86
13.29
11.46
11.95
12.68
13.09
11.74
12.15
12.88
13.37
12.15
12.39
12.99
13.39
do....
do....
do....
14.50
15.62
13.22
14.54
15.33
13.68
15.35
16.18
13.99
15.37
16.04
14.05
14.88
15.22
13.90
14.11
14.56
13.69
13.19
13.88
13.08
12.57
13.58
12.74
12.48
13.55
12.60
12.34
13.46
12.27
12.43
13.60
12.13
12.12
13.31
12.11
11.84
13.03
11.90
11.59
13.00
11.62
11.90
13.17
11.78
12.18
13.28
12.07
do
do....
do....
11.56
11.23
11.56
11.57
12.58
12.42
11.97
12.11
10.74
11.12
10.48
10.61
10.05
9.59
10.23
9.97
9.56
9.91
9.74
9.45
9.04
9.55
9.38
9.16
8.82
8.96
9.78
9.03
9.36
9.51
9.60
9.46
12.87
12.23
13.32
12.97
12.15
11.48
10.51
10.18
10.33
10.37
10.60
10.34
10.19
10.21
10.64
11.10
364.61
932.92
108.58
398.56
345.40
884.36
111.95
359.81
313.66
804.37
108.41
314.58
316.31
818.41
106.28
316.68
321.30
832.11
109.64
318.34
356.89
917.27
116.18
368.32
383.92 401.57 404.83 417.61 428.91 447.11 458.20 476.19 485.45 485.34
988.71 1,027.76 1,033.08 1,064.29 1,087.43 1,129.58 1,168.43 1,212.86 1,221.47 1,213.93
119.97 119.34 117.83 123.83 124.32 126.88 126.08 129.21 128.21 130.40
402.70 436.43 446.37 457.74 479.72 507.66 518.15 542.75 571.73 572.84
.
Prices:
Dow-Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Transportation (20 stocks)
Standard & Poor's Corporation: §
Combined index (500 Stocks)
Industrial, total (400 Stocks) #
Capital goods (105 Stocks)
Consumer goods (191 Stocks)
1941-43=10..
do....
do....
do....
128.04
144.24
139.03
100.67
119.71
133.57
119.98
109.37
109.70
122.61
105.97
100.92
109.38
122.49
106.34
102.66
109.65
122.29
106.34
102.46
122.43
137.09
119.61
115.51
132.66
148.11
131.64
126.43
138.10
153.90
139.35
133.27
139.37
156.02
142.63
134.75
144.27
162.02
151.03
133.08
146.80
165.15
154.08
133.89
151.88
170.33
159.04
144.43
157.71
176.78
163.82
149.93
164.10
184.10
173.34
154.90
166.39
187.42
177.89
156.13
166.96
188.32
180.42
157.69
Utilities (40 Stocks)
Transportation (20 Stocks)
Railroads (6 Stocks)
do....
1970=10..
1941-43=10..
51.87
23.26
93.09
54.78
19.64
74.82
52.13
17.21
65.49
51.87
17.22
63.15
53.34
17.53
64.71
56.48
20.27
77.20
59.41
22.19
86.27
60.08
23.52
88.27
59.33
23.84
85.83
61.89
24.93
90.26
61.52
25.52
91.73
62.13
26.48
95.45
62.95
27.30
100.90
64.88
29.03
109.37
64.14
29.73
110.91
65.06
29.96
113.04
Financial (40 Stocks)
1970=10..
NewYorkCity banks(6 Stocks) 1941-43=10..
Banks outside N.Y.C. (10 Stocks)
do....
Property-Casualty Insurance (5 Stocks) do....
14.44
52.45
117.82
141.29
14.30
54.76
95.87
143.01
12.45
48.10
86.01
126.05
12.07
45.36
81.10
120.61
12.38
47.46
82.06
118.41
13.72
50.50
86.79
134.47
15.97
64.21
106.48
156.02
17.46
68.70
114.55
166.54
16.90
65.60
103.62
168.28
16.51
63.91
101.22
162.01
16.75
64.58
100.25
163.13
18.60
70.91
107.22
186.26
20.00
78.18
115.35
190.90
20.56
79.16
122.92
188.29
20.15
73.22
121.77
186.32
19.56
69.77
120.07
181.67
New York Stock Exchange common stock indexes:
Composite
12/31/65 = 50..
Industrial
do....
Transportation
do
Utility
do....
Finance
do....
74.02
85.44
72.61
38.91
73.52
68.93
78.18
60.41
39.74
71.99
63.10
71.59
53.07
37.34
63.19
62.82
71.37
53.40
37.20
61.59
62.91
70.98
53.98
38.19
62.84
70.21
80.08
61.39
40.36
69.66
76.10
86.67
66.64
42.67
80.59
79.75
90.76
71.92
43.46
88.66
80.30
92.00
73.40
42.93
86.22
83.25
95.37
75.65
45.59
85.66
84.74
97.26
79.44
45.92
86.57
87.50
100.61
83.28
45.89
93.22
90.61
104.46
85.26
46.22
99.07
94.61
109.43
89.07
47.62
102.45
96.43
112.52
92.22
46.76
101.22
96.74
113.21
92.91
46.61
99.60
Yields (Standard & Poor's Corp.):
Composite (500 stocks)
Industrials (400 stocks)
Utilities (40 stocks)
Transportation (20 stocks)
Financial (40 stocks)
percent..
-do
do....
do....
do....
5.20
4.90
10.15
3.40
5.41
5.81
5.48
10.39
4.32
5.92
6.28
5.90
10.87
4.85
6.67
6.31
5.91
11.02
4.92
6.97
6.32
5.94
10.77
4.95
6.79
5.63
5.26
10.22
4.17
6.12
5.12
4.78
9.73
3.75
5.22
4.92
4.60
9.62
3.53
4.84
4.93
4.59
9.83
3.46
5.08
4.79
4.44
9.48
3.24
5.27
4.74
4.39
9.60
3.19
5.24
4.59
4.26
9.52
3.04
4.75
4.44
4.12
9.40
2.98
4.45
4.27
3.96
9.12
2.81
4.33
4.26
3.93
9.30
2.83
4.47
Preferred stocks, 10 high-grade
do....
12.36
12.53
12.96
13.24
12.78
12.41
11.71
11.18
11.20
11.23
11.13
10.86
10.80
10.65
10.81
mil. $..
millions..
490,688
15,910
596,670
22,414
35,174
1,414
41,292
1,577
47,117
1,902
61,374
2,301
79,303
2,852
75,002
2,642
73,704
2,547
69,588
2,402
65,657
2,189
81,315
2,681
75,498
2,431
88,346
2,825
93,847
2,857
mil. $..
millions..
415,913
12,843
514,263
18,211
30,420
1,169
35,580
1,304
40,659
1,555
52,551
1,890
67,157
2,292
63,927
2,129
61,542
1,992
59,712
1,920
55,909
1,756
70,121
2,183
63,156
1,930
75,317
2,246
79,973
2,264
sales
millions..
11,854
16,458
1,111
1,145
1,673
1,548
2,069
1,857
1,682
1,858
1,615
1,902
1,793
1,953
1,974
Shares listed, NY. Stock Exchange, end of period:
Market value, all listed shares
bil. $..
Number of shares listed
millions..
1,143.79
38,298
1,305.36
39,516
1,017.45
38,894
Sales:
Total on all registered exchanges (SEC):
Market value
Shares sold
On New York Stock Exchange:
Market value
Shares sold (cleared or settled)
New York Stock Exchange:
Exclusive of odd-lot and stopped stock
(sales effected)
VALUE OF EXPORTS
mil. $. '233,739.0 212,274.6
Excl. Dept. of Defense shipments
Seasonally adjusted
By geographic regions:
Africa
Asia
Australia and Oceania
Europe
.... do... '233,677.0 212,193.1
.... do...
16,716.7 17,274.5 15,695.0 16,723.9
19,416.1 17,259.3
19,413.3 17,252.2 16,249.9 16,712.6 17,267.0 15,689.2 16,716.4
18,822.9 18,059.6 17,463.3 17,320.3 16,671.4 15,851.9 16,346.6
16,204.9
15,540.5 18,329.9 16,712.0 16,234.6
'11,097.4
'63,848.7
'6,435.8
'69,714.7
10,271.1
64,822.2
5,699.7
63,664.2
1,038.0
5,786.2
662.3
5,639.7
681.9
5,793.3
470.0
4,743.1
693.7
5,186.8
495.9
4,562.0
720.1
4,947.1
445.8
4,857.0
915.0
5,372.4
433.6
4,930.1
601.3
5,109.7
362.7
4,892.6
892.9
5,746.2
360.5
5,095.6
651.0
5,043.2
386.2
5,340.1
779.6
4,862.8
311.2
4,939.3
879.7
5,521.8
381.7
5,927.2
793.6
5,264.5
376.5
5,066.5
683.3
4,801.1
350.7
4,902.5
Northern North America
Southern North America
South America
.... do..
.... do..
.... do..
'39,565.8
1
24,368.7
'17,732.1
33,723.6
18,332.1
15,256.5
2,943.2
1,837.9
1,437.0
2,667.7
1,514.5
1,334.4
2,634.8
1,328.1
1,336.0
2,838.1
1,573.0
1,278.5
3,089.2
1,224.7
1,235.6
2,512.5
1,043.4
1,125.3
2,378.3
1,161.1
1,070.1
2,671.7
1,111.1
1,001.5
2,675.7
1,134.2
837.7
3,556.0
1,272.4
791.0
3,223.2
1,164.2
783.1
3,440.9
1,308.4
714.8
By leading countries:
Africa:
Egypt
Republic of South Africa
.... do..
.... do..
'2,159.4
'2,911.7
2,875.4
2,368.2
269.4
242.7
177.8
191.9
191.7
182.7
191.4
174.7
280.0
162.3
145.4
133.4
264.0
146.2
250.2
126.5
249.1
134.9
281.2
167.4
268.5
240.0
192.0
243.1
... do..
... do..
'5,297.5
'21,823.0
4,600.7
20,966.1
491.1
1,828.8
386.3
1,776.3
351.9
1,732.2
380.4
337.0
1,804.1
307.7
1,814.6
280.6
1,803.1
315.9
1,601.0
259.4
329.6
1,781.1
327.3
1,752.6
287.4
1,546.7
Asia; Australia and Oceania:
Australia, including New Guinea
Japan
See footnotes at end of tables.
17,557.7
16,200.6 15,531.5 18,327.5 16,707.5 16,228.5 17,555.3
17,393.0 16,325.8 16,751.6 16,073.8 15,566.4 17,008.3
do..
do..
do..
do..
....
....
....
....
1,590
993.56 1,106.56 1,120.26 1,244.38 1,291.94 1,305.36 1,349.19 1,385.49 1,431.63 1,545.81 1,547.13 1,604.02 1,562.40
39,064 39,070 39,177 39,262 39,400 39,516 39,688 40,298 40,468 41,090 41,508 42,321 43,382
FOREIGN TRADE OF THE UNITED STATES
Exports (mdse.), incl. reexports, total @
11.06
August 1983
SURVEY OF CURRENT BUSINESS
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
1982
June
Annual
S-17
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
FOREIGN TRADE OF THE UNITED STATES—Continued
VALUE OF EXPORTS—Continued
Exports (mdse.), incl. reexports—Continued
Europe;
France
mil.$.
German Democratic Republic (formerly
E. Germany)
mil. $.
Federal Republic of Germany (formerly
W. Germany)
mil. $.
Italy
Union of Soviet Socialist Republics
United Kingdom
North and South America:
Canada
•
Latin American republics, total #
Brazil
Mexico
Venezuela
Exports of U.S. merchandise, total §
Excluding military grant-aid
Agricultural products, total
Nonagricultural products, total
By commodity groups and principal
commodities:
Food and live animals #
Beverages and tobacco
Crude materials, inedible, exc. fuels #
Mineral fuels, lubricants, etc. #
Oils and fats, animal and vegetable
Chemicals
Manufactured goods #
Machinery and transport equipment,
total
Machinery, total #
Transport equipment, total
Motor vehicles and parts
dodo...
do...
1
1
'7,340.5
7,110.4
665.3
516.4
601.5
572.1
666.1
515.4
561.0
546.8
563.6
686.9
524.2
'295.7
222.8
22.0
5.5
0.8
1.9
16.9
10.1
14.1
14.6
5.5
20.2
25.2
8.2
10,276.7
9,291.3
723.0
703.6
654.9
678.6
755.9
802.4
790.0
768.2
743.9
l
5,360.0
'2,431.3
12,439.2
4,616.1
2,587.3
10,644.7
499.4
134.4
928.1
328.8
71.8
885.2
308.0
55.1
805.5
349.4
77.1
935.6
386.5
80.0
833.1
344.1
160.6
838.1
368.6
147.7
792J5
379.0
266.4
860.6
387.5
219.9
885.0
386.0
179.3
1,021.5
353.2
219.5
962.0
369.4
42.9
963.6
502.3
do...
1
39,564.3
33,720.2
2,942.7
2,667.5
2,634.5
2,837.9
3,089.1
2,512.3
2,377.8
2,671.6
2,675.5
3,555.8
3,223.2
3,440.8
do...
do...
do...
do...
'38,950.1
'3,798.2
1
17,788.7
1
5,444.9
30,086.3
3,422.7
11,816.9
5,206.2
2,924.3
334.3
1,202.6
501.8
2,588.5
361.2
1,005.4
494.0
2,387.7
318.1
795.2
460.8
2,562.2
306.0
1,042.6
402.5
2,118.6
236.3
633.2
449.2
1,844.7
201.7
504.9
402.6
1,956.2
214.8
640.0
392.8
1,861.6
194.8
626.6
390.0
1,754.9
195.5
712.3
265.3
1,776.7
185.4
746.7
199.5
1,705.7
198.8
681.2
134.8
1,785.6
183.9
825.9
160.9
do... 1228,960.8 207,157.6
do... '228,898.7 207,076.2
do... 143,338.5 36,622.6
do... 1185,622.6 170,535.0
mil. $.
do...
do...
mil. $.
do...
1
18,980.3 16,870.3 15,943.9 15,980.7 16,886.7 15,319.1 16,290.1 15,818.8 15,198.8 17,913.0 16,360.7 15,854.5
18,977.5 16,863.2 15,929.3 15,976.6 16,879.2 15,313.3 16,282.6 15,814.4 15,189.7 17,910.6 16,356.2 15,848.4
3,129.1 2,446.0 2,492.4 2,388.1 2,887.4 3,049.7 2,887.5 3,115.2 3,018.0 3,188.1 2,981.1 2,679.9
15,851.2 14,424.3 13,451.5 13,592.5 13,999.3 12,269.4 13,402.5 12,703.6 12,180.8 14,724.9 13,379.6 13,174.6
30,290.8
'2,914.7
20,992.4
1
10,279.0
1
1,750.3
23,950.4
3,026.2
19,248.4
12,728.8
1,540.9
2,172.3
221.3
1,598.7
1,090.4
141.7
1,722.3
167.0
1,350.5
do...
do...
'21,187.1
1
20,632.5
19,890.5
16,738.6
1,862.5
1,591.0
mil. $.
do...
do...
do...
'95,717.2
1
62,945.5
1
32,790.9
1
16,214.0
87,128.1
59,324.2
27,823.9
13,906.8
8,175.7
5,523.2
2,652.8
1,325.5
1
157^3
1,874.2
211.6
1,272.0
954.9
125.6
1,691.6
193.1
1,328.1
1,073.3
146.8
1,816.6
350.3
1,515.4
1,206.1
105.0
1,798.8
379.8
1,663.4
846.0
118.3
1,758.0
257.5
1,546.9
881.9
117.3
2,093.7
171.5
1,576.6
1,006.3
99.1
1,963.6
223.6
1,458.5
681.1
139.5
2,098.2
227.1
1,609.8
843.6
114.9
1,904.2
213.4
1,645.4
872.6
156.7
1,769.0
199.3
1,495.7
759.4
129.3
1,910.6
231.3
1,527.2
816.3
84.9
1,648.6
1,348.5
1,715.0
1,274.2
1,548.7
1,321.7
1,487.8
1,390.7
1,455.2
1,202.5
1,647.2
1,155.4
1,565.1
1,213.9
1,491.8
1,087.3
1,704.1
1,332.7
1,586.5
1,315.5
1,557.7
1,269.6
1,820.0
1,226.7
7,597.3
5,083.1
2,515.6
1,080.8
6,738.6
4,664.3
2,081.5
1,029.5
6,756.3
4,928.1
1,828.8
1,040.7
7,136.5
4,889.2
2,248.1
1,084.0
6,083.4
4,451.1
1,632.7
957.9
6,846.4
4,522.4
2,326.7
919.5
6,174.2
4,252.5
1,922.5
958.7
6,406.1
3,989.1
2,417.7
1,076.1
8,041.1
4,920.0
3,121.8
1,349.1
6,794.1
4,513.6
2,281.2
1,288.1
6,865.3
4,514.8
2,353.5
1,370.4
VALUE OF IMPORTS
General imports, total
Seasonally adjusted
By geographic regions:
Africa
Asia
Australia and Oceania
Europe
do... '261,304.9 a243,951.9
do...
do...
do...
do...
do...
l
27,070.6
92,032.6
1
3,352.7
1
53,409.7
2
1
2
17,770.1
85,169.5
2
3,130.5
2
53,412.7
1,317.6
7,395.1
299.2
4,907.0
1,695.1
6,987.1
288.9
4,358.7
1,467.7
9,061.3
345.0
4,743.5
1,262.7
6,920.8
281.1
4,241.8
1,586.0
7,155.4
323.1
4,712.0
1,423.8
6,133.6
261.2
4,220.1
1,288.3
5,756.4
205.4
4,381.0
1,271.1
6,739.8
245.5
4,658.0
866.8
6,185.4
216.6
3,767.0
874.4
6,956.0
227.2
4,434.4
950.0
6,278.3
221.4
4,602.4
1,232.7
7,005.4
239.7
4,815.4
2
46,497.7
23,525.0
14,444.1
4,399.5
2,309.5
1,182.9
3,462.0
1,881.2
1,090.1
3,829.5
2,210.3
1,210.3
4,238.7
2,100.8
1,141.9
3,907.9
1,972.3
1,562.4
4,009.8
1,779.6
1,173.7
3,625.6
2,126.8
1,336.6
3,868.1
1,982.4
1,384.1
3,753.7
1,806.4
996.6
4,534.4
2,032.6
1,252.2
4,227.8
2,131.3
1,396.6
4,529.7
2,577.6
1,532.4
2
547.2
1,966.8
90.7
147.5
22.4
144.6
2.3
159.0
8.5
184.4
19.2
227.1
51.2
162.8
51.0
172.1
17.9
142.3
95.0
162.7
16.3
162.8
4.0
263.5
4.5
183.8
2
2,304.6
37,743.7
215.5
3,117.2
219.7
2,887.9
220.4
3,814.7
203.1
2,904.2
252.7
3,274.0
172.3
2,695.1
154.4
2,486.2
196.0
2,953.2
158.1
2,894.4
169.7
3,440.2
147.6
3,080.2
164.1
3,461.1
517.9
Northern North America
Southern North America
South America
do..
do..
do..
'46,432.0
'23,477.4
1
15,526.4
By leading countries:
Africa:
Egypt
Republic of South Africa
dodo..
'397.3
'2,445.3
Asia; Australia and Oceania:
Australia, including New Guinea
Japan
mil. $.. '2,514.8
do.... '37,612.1
Europe:
France
do.... '5,851.4
German Democratic Republic (formerly
E. Germany)
mil. $..
'47.7
Federal Republic of Germany (formerly
W. Germany)
mil. $.. 41,379.0
Italy
do.... '5,189.0
Union of Soviet Socialist Republics
do....
'347.5
United Kingdom
do.... 112,834.6
North and South America:
Canada
do.... "46,413.8
Latin American republics, total #
Brazil
Mexico
Venezuela
By commodity groups and principal
commodities:
Agricultural products, total
Nonagricultural products, total
do.... '32,023.3
do.... '4,474.5
do.... '13,765.1
do.... '5,566.0
mil. $.. '17,003.4
do.... 244,301.4
2
2
2
2
2
539.7
442.8
475.6
410.1
414.0
469.8
452.7
670.2
434.8
471.9
492.8
53.9
3.6
2.8
4.6
11.2
3.3
3.2
2.9
5.4
5.7
5.3
5.3
3.4
11,974.8
2
5,301.4
2
227.6
2
13,094.8
1,090.5
459.3
31.8
1,210.4
957.1
379.4
7.7
1,139.7
1,025.4
498.5
25.7
1,217.6
872.9
459.6
27.6
1,079.6
981.1
350.0
34.8
1,483.0
949.0
413.7
8.9
1,037.3
967.2
420.4
7.1
1,181.4
989.2
471.1
22.7
1,021.2
887.4
367.4
25.1
774.9
1,064.5
460.6
20.0
897.8
1,044.6
448.9
25.2
922.1
1,011.7
428.4
16.4
1,227.8
2
46,476.9
4,398.1
3,459.2
3,828.4
4,236.3
3,907.2
4,009.6
3,622.1
3,866.9
3,752.7
4,531.7
4,227.1
4,528.2
32,512.6
2
4,285.3
2
15,565.9
2
4,767.7
3,011.3
313.2
1,578.2
399.2
2,550.6
346.8
1,230.8
387.0
2,884.1
391.9
1,435.3
281.4
2,776.3
374.8
1,448.9
361.9
3,061.0
427.5
1,299.9
504.0
2,604.6
315.4
1,219.1
392.3
2,963.1
440.1
1,418.7
528.9
2,885.0
430.6
1,285.9
472.5
2,408.3
336.2
1,194.8
284.9
2,801.1
331.6
1,328.8
428.0
3,001.9
383.6
1,345.7
424.9
3,538.0
421.8
1,695.5
508.1
2
2
2
15,421.7 1,334.7 1,148.6 1,348.0 1,302.0 1,428.6 1,248.0 1,234.3 1,529.8 1,312.9 1,379.5 1,489.6 1,532.8
228,530.2 20,476.2 18,614.7 21,519.8 18,885.8 19,790.7 17,754.0 17,485.9 18,619.3 16,279.6 18,931.7 18,318.1 20,400.2
2
Food and live animals #
Beverages and tobacco
Crude materials, inedible, exc. fuels #
do.... '15,237.6
do.... '3,138.3
do.... '11,193.4
Mineral fuels, lubricants, etc
Petroleum and products
Oils and fats, animal and vegetable
Chemicals
do.... '81,416.9
do.... '75,577.3
do....
'479.5
do.... '9,445.9
2
Manufactured goods #
Machinery and transport equipment
Machinery, total #
Transport equipment
:
Automobiles and parts
do....
do....
do....
do....
do....
2
413-743 0 - 83 - S3
'37,291.9
'69,627.2
'38,212.2
'31,415.2
'26,216.9
5,545.3
2
2
See footnotes at end of tables.
21,810.9 19,763.2 22,867.8 20,187.8 21,219.3 19,002.0 18,720.2 20,149.0 17,592.6 20,311.2 19,807.8 21,932.9 21,763.0
21,187.0 19,849.3 22,930.0 20,581.3 21,006.0 18,892.4 19,154.4 20,020.9 19,014.9 19,525.2 19,771.1 21,514.4 21,024 4
14,452.7
2
3,364.0
2
8,589.4
1,272.6
292.4
790.5
1,122.5
251.3
695.3
1,301.1
300.1
782.1
1,266.6
310.1
715.8
1,384.3
305.3
701.3
1,232.7
287.5
705.0
1,192.8
266.0
624.8
1,346.6
353.5
691.9
1,197.8
235.1
630.1
1,300.1
257.7
767.5
1,309.2
283.4
711.7
1,450.0
261.9
860.1
1,191.3
298.9
868.7
65,409.2
59,396.4
2
405.8
2
9,493.5
5,426.6
5,025.3
43.1
820.7
5,942.7
5,454.9
31.8
698.9
6,353.1
5,954.0
46.6
897.6
5,200.6
4,741.4
24.4
869.7
5,946.5
5,486.9
32.2
827.0
5,037.4
4,419.7
32.3
739.3
5,467.6
4,843.7
28.9
751.8
5,141.6
4,440.6
38.5
859.9
3,704.4
3,001.7
30.1
867.1
3,864.9
3,260.6
32.0
1,011.0
3,763.1
3,287.5
30.1
896.7
5,033.2
4,655.4
32.0
927.6
4,767.3
33,148.4
73,319.6
39,456.8
2
33,862.8
2
29,360.6
3,091.3
6,929.7
3,702.3
3,227.4
2,780.7
2,501.4
5,646.5
3,108.7
2,537.8
2,270.6
2,941.1
6,700.7
3,867.0
2,833.7
2,532.5
2,581.1
5,894.2
3,419.1
2,475.1
2,202.1
2,616.0
6,187.3
3,422.8
2,764.5
2,436.6
2,509.1
5,543.0
3,044.5
2,498.5
2,178.6
2,229.1
5,517.3
3,038.2
2,479.2
2,163.0
2,469.2
6,152.4
3,221.7
2,930.7
2,482.4
2,270.3
5,925.5
3,017.0
2,908.5
2,605.4
2,805.4
7,050.1
3,678.0
3,372.2
2,988.6
2,877.8
6,731.5
3,635.5
3,096.0
2,762.2
3,047.5
7,288.3
3,755.7
3,532.6
3,252.7
2,936.8
7,364.4
2
2
2
35.9
838.2
July
August 1983
SURVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
June
Annual
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOREIGN TRADE OF THE UNITED STATES—Continued
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Unit value
1977=100.
Quantity
do...
Value
do...
1
152.5
115.1
175.6
152.6
126.5
193.1
153.5
111.8
171.6
151.3
107.1
162.1
150.8
107.8
162.6
151.6
113.3
171.8
151.0
103.2
155.8
152.2
108.9
165.7
154.0
104.5
160.9
155.0
99.7
154.6
154.1
118.2
182.3
154.8
107.5
166.5
152.6
105.7
161.3
153.7
113.9
175.0
170.3
105.2
'179.1
167.5
99.9
167.4
165.9
108.3
179.6
167.4
97.2
162.7
165.1
114.0
188.3
164.1
101.3
166.2
166.2
105.2
174.7
164.1
95.3
156.5
164.2
93.8
154.0
163.6
101.4
165.9
162.0
89.4
144.8
162.2
103.1
167.3
160.7
101.5
163.1
158.9
113.7
180.6
160.2
111.9
179.2
thous. sh. tons
mil. $,
'406,796
423,495
400,955
115,905
37,012
10,514
31,425
9,080
29,224
8,894
31,778
9,061
34,234
9,402
32,472
8,923
30,342
8,869
31,458
8,584
28,071
8,004
30,532
8,758
thous. sh. tons.
mil. $.
'464,420
'177,059
376,446
155,511
34,464
13,875
33,829
12,924
37,436
15,605
30,598
12,426
34,515
13,532
27,291
11,552
29,057
11,263
28,145
12,407
22,504
10,563
23,412
11,616
19.36
60.2
2,462
24.87
67.6
3,119
21.88
60.3
2,777
22.95
59.1
2,895
16.43
236
78
21.25
288
94
18.04
263
18.41
275
82
General imports:
Unit value
Quantity
Value
150.8
128.8
1
1
do...
do...
do...
1
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):
Shipping weight
Value
General imports:
Shipping weight
Value
TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers (Scheduled Service)
Certificated route carriers:
Passenger-miles (revenue)
Passenger-load factor
Ton-miles (revenue), total
Operating revenues (quarterly) # §
Passenger revenues
Cargo revenues
Mail revenues
Operating expenses (quarterly) §
Net income after taxes (quarterly) §
Domestic operations:
Passenger-miles (revenue)
Cargo ton-miles
Mail ton-miles
Operating revenues (quarterly) §
Operating expenses (quarterly) §
Net income after taxes (quarterly) §
International operations:
Passenger-miles (revenue)
Cargo ton-miles
Mail ton-miles
Operating revenues (quarterly) §
Operating expenses (quarterly) §
Net income after taxes (quarterly) §
248.89
58.6
31,949
bil.
percent.
mil.
mil. $.
do...
do...
do...
do...
do...
36,502
30,579
2,480
675
2
36,922
533
bil.
mil.
do...
198.72
3,350
998
mil. $.
do..
do...
258.96
59.0
32,754
2
209.54
3,026
1,004
29,014
29,277
2
-360
25.82
64.0
3,153
18.97
250
77
49.43
2,430
399
2
6,390
6,595
-186
4.70
185
31
19.79
254
79
20.23
258
77
20.94
56.4
2,716
19.20
55.9
2,527
20.92
57.8
2,717
20.75
56.7
2,571
15.61
254
80
16.75
270
84
15.95
258
78
17.34
253
117
17.09
220
81
4.91
235
34
3.25
233
36
3.57
208
47
3.66
166
30
2.93
184
29
3.62
217
33
3.84
'206
32
4.54
210
34
678
654
654
624
618
716
656
664
125.1
121.3
121.9
126.6
125.3
126.1
130.8
133.6
r
5
17.48
7,604
7,431
65
5.36
214
32
5.59
203
32
1,601
1,574
13
2
20.12
54.9
2,583
9,834
8,317
601
165
8,479
172
7,350
7,231
31
50.17
2,335
376
mil. $.
do...
do...
25.16
63.0
3,094
9,222
7,767
602
171
9,063
43
2
bil.
mil.
do...
23.67
63.6
2,910
4.51
205
31
1,912
1,777
83
Urban Transit Systems
Passengers carried, total
7,949
mil.
584
7,714
631
636
Motor Carriers
Carriers of property, large, class I, qtrly.: @
Number of reporting carriers
Operating revenues, total
mil. $.
Net income, after extraordinary and prior period
charges and credits
mil. $.
Tonnage hauled (revenue), common and contract
carrier service
: mil. tons.
100
16,489
100
3,910
100
3,937
199
182
Freight carried—volume indexes, class I and II
intercity truck tonnage (ATA):
Common and contract carriers of property
(qtrly.)
average same period, 1967=100.
Common carriers of general freight,
seas, adj
1967= 100.
128.9
132.4
27,507
25,627
2
571
7,222
6,746
145
6,612
6,148
145
6,482
6,026
139
6,487
6,171
75
26,473
2
767
3
l,202
6,821
265
340
6,500
114
161
6,331
184
436
6,126
256
173
147.0
130.9
132.5
129.7
Class I Railroads $
Financial operations, qtrly. (AAR), excl. Amtrak:
Operating revenues, total #
mil. $.
Freight
do...
Passenger, excl. Amtrak
do...
Operating expenses
Net railway operating income
Ordinary income
Traffic:
Ton-miles of freight (net), total, qtrly
Revenue ton-miles, qtrly. (AAR)
Price index for railroad freight
do...
do...
do...
30,899
28,925
535
2
28,560
2
1,386
3
1,922
2
2
2
bil.
do...
1969=100.
911.9
911.7
327.6
799.6
799.7
351.4
208.0
208.0
351.5
352.0
352.0
190.9
190.9
351.9
351.8
351.7
193.8
193.8
351.9
355.2
355.4
Hotels and motor-hotels:
Restaurant sales index.... same month 1967 = 100.
Hotels: Average room sale
fl
dollars.
Rooms occupied
% of total.
Motor-hotels: Average room sale
fl
dollars.
Rooms occupied
% of total.
194
56.39
68
38.31
67
196
61.71
63
41.16
64
215
60.82
68
41.02
72
212
58.66
64
43.15
72
191
59.17
65
41.77
72
188
61.34
63
41.89
62
210
64.28
70
41.26
65
190
61.87
62
39.19
58
195
62.28
49
39.94
49
159
62.69
55
40.10
58
181
65.86
63
41.95
2
9,388
10,275
10,909
2
9,047
3,664
2,349
2,800
2,722
2,233
496
305
223
228
1,979
2,182
2,328
2,027
288
r4
382
2,909
3,063
3,442
2,829
236
631
666
572
r4
442
314
48,901
6,770
9,580
9,134
5,533
4,281
1,926
1,265
196.1
191.9
355.3
204.0
355.4
4
78.5
355.4
470
340
Travel
Foreign travel:
U.S. citizens: Arrivals (quarterly)
Departures (quarterly)
Aliens: Arrivals (quarterly)
Departures (quarterly)
Passports issued
National parks, recreation visits # #
See footnotes at end of tables.
thous..
. do...,
. do...,
. do...
do...
do...
8,905
9,978
11,976
9,933
3,222
49,787
2
2
4
768
651
792
r4
575
384
r4
4
r4
p
1,230
201
62.23
68
43.33
71
4
p
l,332
p
458
474
1,334
"225
P
P
392
3,773
p
6,402
SURVEY OF CURRENT BUSINESS
August 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
S-19
1983
1982
June
Aug.
July
Sept.
Oct.
Nov.
Jan.
Dec.
Mar.
Feb.
Apr.
May
June
TRANSPORTATION AND COMMUNICATION—Continued
COMMUNICATION
Telephone carriers:
Operating revenues #
Station revenues
Tolls, message
Operating expenses (excluding taxes)
Net operating income (after taxes)
Phones in service, end of period
Telegraph carriers:
Domestic:
Operating revenues
Operating expenses
Net operating revenues (before taxes)
Overseas, total:
Operating revenues
Operating expenses
Net operating revenues (before taxes)
mil. $.
do...
do...
do...
do...
mil.
66,499
28,117
26,507
44,593
11,910
164.9
73,808
31,678
28,099
51,269
11,951
157.8
6,238
2,660
2,379
4,315
1,037
162.7
6,225
2,665
2,348
4,292
1,059
162.2
6,329
2,679
2,428
4,189
1,148
161.7
6,291
2,712
2,338
4,366
987
161.4
6,327
2,736
2,334
4,417
986
160.8
6,310
2,745
2,308
4,481
961
159.5
6,005
2,730
2,342
4,592
740
157.8
6,215
2,750
2,294
4,125
1,069
156.3
6,198
2,744
2,138
4,113
1,081
156.2
6,628
2,735
4,704
3,929
1,420
155.4
mil. $.
do...
do...
779.2
623.8
112.7
809.3
678.7
86.8
70.0
55.8
10.6
68.4
56.6
8.2
69.1
59.2
6.5
66.9
69.6
-7.0
66.5
54.3
8.4
66.2
56.4
6.1
68.3
58.0
7.9
67.3
57.1
6.4
65.2
55.8
5.8
74.9
59.4
10.9
do...
do...
do...
577.7
435.3
117.0
607.7
495.2
83.7
53.8
41.7
9.0
48.2
40.2
5.8
50.0
42.0
5.5
51.9
43.1
4.0
50.3
42.6
5.3
50.2
42.9
4.5
49.9
45.8
3.9
50.8
42.7
5.1
48.9
41.7
4.6
54.8
43.8
8.4
6,485
2,760
2,331
4,299
1,139
154.5
6,498
2,760
2,358
4,378
1,094
153.4
87
810
188
30
100
848
198
31
850
57
70
881
74
76
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic Chemicals
Production:
Aluminum sulfate, commercial (17% A12O3) $
thous. sh. tons..
Chlorine gas (100% Cl2) t
do...,
Hydrochloric acid (100% HC1) *
do...
Phosphorus, elemental $
do...
1,183
9,136
2,490
361
111
782
225
31
94
783
198
31
111
698
199
26
99
684
183
29
84
756
193
31
96
734
189
30
96
708
182
28
80
787
203
30
86
759
217
27
10,414
788
1,077
9,225
650
895
786
54
72
794
44
71
731
54
74
696
53
70
768
56
72
752
59
722
41
74
824
47
75
789
50
79
696
761
630
635
55
51
41
53
54
52
51
58
56
51
52
50
62
54
48
60
53
61
'10,440
3,577
'8,478
4,136
687
4,195
686
4,231
685
4,202
651
4,229
643
4,160
658
4,199
663
4,136
639
4,074
572
3,957
667
3,805
635
3,701
661
3,634
19,076
8,937
6
2,194
9,077
15,500
7,331
1,789
7,588
1,356
573
156
585
1,203
490
161
524
1,173
515
146
543
1,196
516
141
558
1,167
559
145
608
1,137
564
125
614
1,156
552
128
580
1,117
592
S
121
630
1,065
564
154
595
1,264
647
165
712
1,182
607
160
650
1,140
581
177
626
Sodium
Sodium
Sodium
Sodium
hydroxide (100% NaOH) $
do...
silicate, anhydrous $
do...,
sulfate, anhydrous t
do....
tripolyphosphate (100% Na 5 P 3 0 10 ) t
do....
Titanium dioxide (composite and pure) t
do....
Sulfur, native (Frasch) and recovered:
Production
thous. lg. tons..
Stocks (producers') end of period
do...
103
812
222
32
1,294
10,767
2,502
426
r
r
840
r
61
r
76
50
59
636
3,658
Inorganic Fertilizer Materials
Production:
Ammonia, synthetic anhydrous $
thous. sh. tons.
Ammonium nitrate, original solution $
do...
Ammonium sulfate $
do...
Nitric acid (100% HN0 3 ) $
do...
Nitrogen solutions (100% N) $
Phosphoric acid (100% P2O5) t
Sulfuric acid (100% H2SO4) $
do...,
do...
do...
Superphosphate and other phosphatic fertilizers
(100% P2O5):
Production
thous. sh. tons.
Stocks, end of period
do...
Potash, sales (K2O) 11
do...
3,177
9,922
40,742
r
3
5
2,427
8,524
32,680
r
16,903
3
1,068
6,478
13,139
892
5,186
4
230
673
2,490
r
Exports, total #
Nitrogenous materials
Phosphate materials
Potash materials
do...
do...
do...
do...
22,391
2,834
13,308
1,203
20,337
2,645
11,997
1,218
967
917
375
1,811
251
911
142
Imports:
Ammonium nitrate
Ammonium sulfate
Potassium chloride
Sodium nitrate
do...
do...
do...
do...
264
327
8,601
159
262
319
7,154
131
29
30
483
19
4
211
696
2,580
r
5
185
760
2,738
r
4
211
749
2,808
r
5
134
802
2,940
r
5
151
682
2,755
r
5
5
5
137
780
2,760
147
749
2,658
150
807
2,830
r
r4
4
5
228
895
2,983
238
754
2,772
l,478
r
688
543
1,402
820
458
1,229
1,066
627
235
922
3,142
r
r
r
1,065
998
340
1,184
926
517
1,230
909
389
1,258
881
358
966
883
313
1,048
892
495
1,223
818
431
1,240
773
383
1,872
317
933
146
1,734
148
979
139
1,756
229
1,013
158
1,580
207
982
64
1,912
139
1,177
172
1,193
125
684
55
2,504
122
1,714
125
1,755
131
1,124
27
1,937
182
1,289
63
1,933
219
1,258
48
19
20
599
5
16
5
643
18
16
25
504
17
33
661
0
15
28
489
15
12
25
584
9
26
54
674
0
16
13
461
0
34
35
860
9
44
33
765
23
c
r
474
1,568
161
1,122
33
1,983
247
1,127
93
39
18
679
16
12
16
403
22
Industrial Gases
Production:
Acetylene t
mil. cu. ft..
Carbon dioxide, liquid, gas, and solid
thous. sh. tons.
Hydrogen (high and low purity) $
mil. cu. ft.
Nitrogen (high and low purity) $
do...
Oxygen (high and low purity) ±
do...
265
299
228
248
3,813
103,278
490,285
430,610
3,687
91,305
483,781
357,943
333
7,637
40,833
30,678
330
7,773
41,133
30,044
325
7,515
42,247
28,742
295
7,276
40,190
27,241
312
8,014
41,163
27,419
297
7,191
39,330
27,109
300
7,849
40,150
26,006
291
7,929
43,243
27,466
271
7,893
41,479
27,701
292
8,098
r
45,317
r
29,052
278
8,251
45,019
28,659
288
8,291
46,397
28,750
2.4
6.8
15.0
461.5
5,161
5
3,946
5
288
5
317
5
271
284
5
5
257
5
254
253
5
5
237
5
S
r8
r
5
5
Organic Chemicals §
Production:
Acetylsalicylic acid (aspirin)
Creosote oil
Ethyl acetate (85%)
Formaldehyde (37% HCHO)
mil. lb.
mil. gal.
mil. lb.
do...
'29.7
'81.9
'277.1
'5,720.7
'22.6
'81.0
'232.6
'4,691.1
19.9
368.2
1.6
5.8
19.7
334.7
1.7
5.7
18.8
391.3
6.6
19.2
394.6
2.0
4.3
12.9
427.5
10.3
382.4
18.7
307.0
2.7
4.5
21.2
409.7
2.4
5.6
20.3
417.8
2.7
5.6
27.7
470.2
2.7
6.2
10.6
490.5
Glycerin, refined, all grades
Methanol, synthetic
Phthalic anhydride
do...
mil. gal.
mil. lb.
299.1
'1,291.7
'869.5
229.5
'1,094.1
'691.0
18.7
104.2
53.7
20.4
97.4
57.2
16.4
76.7
48.0
18.7
77.3
69.0
21.5
94.3
54.4
21.5
83.2
58.7
13.8
97.1
48.0
23.7
88.7
57.7
22.9
75.3
60.6
22.0
76.3
72.7
16.4
90.4
71.7
mil. taxgal
do..
571.
83.3
601.1
82.1
52.6
58.0
51.9
59.9
44.3
55.7
53.3
49.1
61.9
48.1
61.6
45.5
65.0
82.1
60.8
76.7
58.6
69.9
59.4
69.8
230.7
227.1
5.4
283.1
275.1
6.5
21.9
21.7
4.7
23.5
22.4
5.1
22.1
23.2
4.0
25.6
25.5
4.0
23.7
23.6
3.9
31.9
28.8
5.7
35.3
34.6
6.5
35.1
34.5
7.4
36.5
29.7
15.5
30.0
23.5
19.1
ALCOHOL
Ethyl alcohol and spirits:
Production
Stocks, end of period
Denatured alcohol:
Production
Consumption (withdrawals)
Stocks, end of period
See footnotes at end of tables.
mil. wine gal.
do...
do...
r
r
21.1
93.4
69.7
2.2
7.9
15.2
442.9
28.6
91.8
80.3
July
SURVEY OF CURRENT BUSINESS
S-20
1982
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
August 1983
1982
Annual
June
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
104.5
1,050.3
351.5
432.2
452.0
115.0
1,137.1
345.8
489.6
543.5
112.2
1,139.1
337.8
459.5
478.1
112.6
1,157.0
363.0
463.3
513.2
119.7
1,143.3
386.3
469.4
535.3
719.2
346.1
221.3
151.8
785.7
384.1
234.6
167.0
CHEMICALS AND ALLIED PRODUCTS—Continued
PLASTICS AND RESIN MATERIALS
Production:
Phenolic resins
Polyethylene and copolymers
Polypropylene
Polystyrene and copolymers
Polyvinyl chloride and copolymers
mil. lb.
do...
do...
do...
do...
1
1,688.0
12,603.6
'4,007.8
'5,915.2
1
1
1,209.8
12,208.9
X
3,551.8
5,370.7
102.7
944.7
271.6
422.2
490.5
1
^oeoo
1
89.7
974.4
261.0
432.1
374.3
91.8
1,053.7
273.1
441.1
408.5
744.9
390.7
204.0
150.2
798.2
408.7
222.6
166.9
101.1
1,053.7
280.4
460.5
481.0
107.0
998.4
287.5
434.0
454.9
93.4
1,020.1
311.0
421.1
452.4
656.4
302.4
206.4
147.6
589.0
254.7
202.5
131.8
91.3
1,083.4
286.4
352.1
405.5
101.9
1,092.9
351.3
405.8
392.6
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly
Paints, varnish, and lacquer, shipments:
Total shipments
Architectural coatings
Product finishes (OEM)
.L.
Special purpose coatings
mil. lb.
3,003.6
2,514.9
675.1
mil. $.
do...
do...
do...
8,395.7
3,968.9
2,737.2
1,689.5
8,299.3
4,051.7
2,548.3
1,699.3
835.1
433.6
235.4
166.1
773.8
379.3
234.4
160.1
487.5
569.9
582.9
533.2
239.1
181.8
112.3
5
519.0
5
231.6
•171.1
5
116.3
549.3
256.5
176.4
116.3
r
697.5
r
342.8
r
215.4
r
139.2
537.5
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production:
Electric utilities, total
By fuels
By waterpower
mil. kw.-hr.. 2,294,812 2,241,211 186,128 210,584 205,656 180,662 172,966 173,377 184,722
2,034,129 1,931,998 158,176 183,289 181,761 160,767 153,215 150,081 156,962
do
309,213 27,953 27,294 23,894 19,896 19,750 23,297 27,760
do.... 260,684
Sales to ultimate customers, total (Edison Electric
Institute) $
mil kw -hr 2,153,796 32,115,350 512,758
Commercial §
do.... 541,426 3555,609 133,118
Industrial §
do.... 799,885 3740,193 188,374
Railways and railroads
Residential or domestic
do
do....
4,091
735,724
Street and highway lighting
Other public authorities
Interdepartmental
do....
do....
do....
14,975
51,055
6,640
Revenue from sales to ultimate customers (Edison
Electric Institute) ±
mil. $..
111,584
195,680 172,485 182,494 170,389 174,403
166,361 144,536 152,193 140,401 143,210
29,318 27,950 30,302 29,988 31,193
563,084
151,910
193,918
510 039
135,801
181,910
526 540
125,226
187,908
1,006
171,862
1038
198,141
1042
173,001
1 191
193,729
14,866
51,772
3
6,145
3,458
13,358
1,581
3,633
12,901
1,543
3,930
12 861
1,494
3,752
13 524
1,211
122,026
29,440
33,485
29,440
30,803
3
4,145
742,619
3
3
3
3
GAS
Total utility gas, quarterly
(American Gas Association):
Customers, end of period, total
Residential
Commercial
Industrial
Other
Sales to customers, total
Residential
Commercial
Industrial
Other
Revenue from sales to customers, total
Residential
Commercial
Industrial
Other
thous..
48,013
48,418
48,253
47,894
48,418
48,918
do....
do .
do....
do
44,209
3,570
186
48
44,567
3,620
183
48
44,405
3,613
187
48
44,116
3,546
184
48
44,567
3,620
183
48
44,996
3,689
184
48
tril. Btu..
15,380
14,157
3,051
2 399
3,302
4,319
do
do....
do
do....
4,601
2,360
8,220
199
4,733
2,444
6,769
212
876
459
1,674
42
405
285
1670
39
1,151
614
1 483
54
1,906
925
1,418
69
mil. $..
56,340
63,362
13,348
10,789
16,179
22,572
do....
do....
do....
do....
19,218
9,231
27,246
645
23,665
11,538
27,296
864
4,408
2,162
6,607
172
2,395
1,409
6,832
152
6,406
3,175
6,361
237
10,752
4,996
6,475
348
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
Taxable withdrawals
Stocks, end of period
Distilled spirits (total):
Production
mil. tax gal.
Consumption, apparent, for beverage
purposes i
mil. wine gal.
Stocks, end of period i
mil. tax gal.
Imports
mil. proof gal.
Whisky:
Production i
Stocks, end of period i
Imports
Wines and distilling materials:
Effervescent wines:
Production
Taxable withdrawals
Stocks, end of period
Imports
193.69
176.70
12.95
mil. bbl.
do...
do...
mil. tax gal.
do...
mil. proof gal.
mil. wine gal.
do...
do...
do...
152.03
r
4
18.19
17.22
15.28
17.17
16.10
14.45
19.50
16.26
14.31
15.64
14.88
13.99
15.07
13.83
14.00
13.65
13.14
13.43
13.31
12.27
13.22
14.77
12.79
13.89
14.56
12.66
14.46
16.78
15.07
16.05
15.54
15.49
16.21
18.17
16.84
15.84
7.09
10.83
6.85
6.57
10.50
14.68
13.95
11.24
10.91
12.89
437.66
604.43
106.03
37.20
616.84
10.86
33.47
614.96
7.29
32.74
565.60
8.96
34.93
604.93
9.87
36.33
605.53
12.75
43.13
603.68
11.75
51.68
604.43
8.29
29.93
605.23
12.41
29.00
605.87
4.90
606.81
7.24
6.56
96.68
541.07
86.53
r
91.22
533.39
76.60
7.81
545.48
8.09
4.94
544.59
5.40
4.57
501.07
5.88
6.66
539.59
7.19
8.31
536.00
9.89
7.73
533.69
8.18
6.63
533.39
5.54
6.56
532.96
9.59
7.52
534.57
3.02
9.39
535.38
4.95
4.43
30.73
27.27
11.53
7.66
30.78
29.03
13.15
8.35
2.92
1.98
13.65
0.70
2.51
1.21
15.52
0.52
3.11
2.17
15.56
0.67
3.39
1.90
16.52
0.71
3.77
6.55
14.64
0.81
2.70
2.85
14.02
1.13
2.50
3.99
13.15
1.29
2.80
1.45
14.31
1.01
2.16
1.01
15.16
0.51
2.27
2.28
15.14
0.62
3.23
1.14
17.18
0.77
0.72
0.80
554.02
396.26
695.27
113.79
4.97
30.96
435.01
10.61
5.18
25.76
408.23
8.83
29.96
29.17
395.40
9.99
162.79
27.10
512.20
9.93
229.61
34.14
702.10
9.13
72.07
71.06
705.62
11.94
23.64
29.58
695.27
11.47
7.50
25.16
670.70
12.42
6.12
26.42
654.75
7.78
5.58
33.06
620.77
8.41
5.45
32.56
583.98
8.58
9.35
10.87
190.23
2.08
1.86
11.68
43.17
71.36
27.96
9.61
7.39
10.09
9.87
7.62
138.04
r
do...
do...
do...
do...
466.23
363.64
604.41
107.60
Distilling materials produced at wineries
do...
188.20
197.11
176.57
13.22
449.45
613.78
117.93
2
Still wines:
Production i
Taxable withdrawals i
Stocks, end of period ±
Imports
See footnotes at end of tables.
r
r
r
15.46
12.20
July
SURVEY OF CURRENT BUSINESS
August 1983
Unless otherwise stated in footnotes below, data
through 1978 a n d descriptive notes are as s h o w n
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1983
1982
June
Annual
S-21
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory) @
Stocks, cold storage, end of period
Price, wholesale, 92 score (N.Y.)
mil. lb..
do.
$ per lb.
1,228.2
429.2
1
1.535
1,257.0
466.8
mil. lb.
do...
4,277.6
2,642.3
4,539.8
2,750.5
Cheese:
Production (factory), total @
American, whole milk @
Stocks, cold storage, end of period
do...
American, whole milk
do...
Imports
do...
Price, wholesale, cheddar, single daisies
(Chicago)
$ per lb.
Condensed and evaporated milk:
Production, case goods @
mil. lb.
Stocks, manufacturers', case goods, end of
period
mil. lb.
709.6
623.0
247.7
963.5
880.8
269.3
1.672
1.684
8
334.0
•541.6
256.4
510.0
300.0
466.8
'1,202.9
8
759.4
1,121.3
673.2
1,141.5
655.7
8
8
803.9
712.3
20.6
18.2
22.7
864.3
765.1
25.6
24.6
28.7
1.684
1.684
1.684
1.683
1.686
1.686
8
9
120.7
527.9
126.1
533.1
126.5
549.7
374.9
233.2
352.6
216.3
416.9
255.7
408.1
261.4
1.680
1.666
1.666
1.666
1.675
1.684
54.5
51.7
57.4
59.7
61.6
62.0
51.4
51.4
48.4
60.7
74.6
75.7
0.1
0.2
0.4
0.4
0.5
0.3
11,292
6,760
13.80
10,627
6,400
13.80
12,036
7,409
13.60
11,933
7,293
13.50
12,487
7,672
13.30
12,033
7,788
13.20
9
8.5
117.7
7.6
115.7
10.5
135.0
9.1
137.2
9.0
156.8
8.8
157.8
9
5.0
84.4
3.8
92.5
5.0
81.4
5.0
89.5
5.4
99.0
5.8
91.2
195.6
184.0
181.6
8
103.3
51.9
9
do...
34.9
19.3
Fluid milk:
Production on farms t
do...
Utilization in mfd. dairy products @
do...
Price, wholesale, U.S. average
$ per 100 lb.
133,013
76,391
13.80
135,795
79,098
13.60
Dry milk:
Production:
Dry whole milk @
Nonfat dry milk (human food) @
mil. lb.
do...
92.7
1,314.3
102.2
1,400.6
8
8
29.4
417.5
22.4
339.0
24.3
296.9
do...
do...
6.0
86.7
6.0
93.3
8
8
9.6
127.5
7.3
89.8
6.0
93.3
Exports, whole and nonfat (human food)
do...
Price, manufacturers' average selling, nonfat dry
milk (human food)
$ per lb.
198.0
187.8
20.4
13.7
10.4
0.939
'0.936
3,918.3
3,524.8
35,723
"21,652
13.20
13.20
8
13.30
0.5
0.3
0.3
0.6
33,983
19,470
13.60
13.80
13.90
32,854
18,445
13.90
9
9
9
lo
r
588.4
436.0
279.8
h686
51.9
2.4
109.6
588.5
1,116.7
1,030.8
22.1
734.9
2.5
429.2
278.1
r
r
1,103.2
1,017.9
22.6
9
89.1
121.1
576.1
r
1,073.5
985.0
17.5
46.0
Stocks, manufacturers', end of period:
Dry whole milk
Nonfat dry milk (human food)
9
133.9
485.4
963.5 '1,015.5
9
928.2
880.8
24.4
46.8
757.9
Exports
9
8
l,121.8 1,143.8
l,031.3 1,041.9
22.8
16.6
19.5
2.9
27.9
23.6
22.9
33.0
0.940
0.942
0.942
0.943
0.941
0.940
329.4
318.2
279.8
254.5
275.1
1,168.8
1,065.5
1.684
11,894
"n3.'2O
GRAIN A N D GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat)
Barley:
Production (crop estimate)
fl
Stocks (domestic), end of period, total $
On farms $
Off farms
Exports, including malt §
mil. bu.
do...
do...
do...
do...
2
479.3
333.1
231.2
101.9
do...
Corn:
Production (crop estimate, grain only) fl .. mil. bu.
Stocks (domestic), end of period, total t
do...
On farms $
do...
Off farms
do...
Exports, including meal and flour
do..
Oats:
Production (crop estimate)
fl
Stocks (domestic), end of period, total $
On farms t
Off farms
mil. bu.
do...
do...
do...
"8,201.6
6,967.7
5,033.8
1,933.8
2,159.3
2
509.2
365.2
314.1
51.1
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil. lb.
Shipments from mills, milled
rice
do...
Stocks, domestic, rough and cleaned (cleaned
basis), end of period
mil. lb.
Wheat:
Production (crop estimate), total
Spring wheat
fl
Winter wheat j |
Distribution, quarterly @@
mil. bu.
do...
do...
do...
1,924.9
2
5.7
8.6
1.5
3.0
296.7
198.5
98.2
1.9
3.7
8,423.8
6,156.9
2,266.9
6,364.4
4,411.0
1,953.4
4
4
5,236.6
2,285.9
'1,356.0
5
929.9
179.8
119.8
112.8
107.4
166.5
169.8
581.3
486.0
95.3
5.8
2
173.8
174.9
161.5
473.7
397.9
75.8
169.6
'5,079.8
3
3,250.8
3
1,829.0
157.6
149.1
4
332.5
272.5
59.9
4
151.2
229.1
190.6
4
38.5
0.8
0.3
0.3
0.3
0.8
0.2
0.3
0.1
0.2
0.1
0.3
225
332
76
110
505
81
346
63
139
47
140
103
189
162
145
152
240
166
105
186
216
172
108
369
462
503
491
428
385
381
268
351
154.2
77
279
723
161
510
503
356
344
10,821
7,354
11,482
7,020
406
583
434
505
1,198
559
3,278
615
1,507
541
714
542
720
550
588
403
712
569
526
668
357
495
325
529
216
672
1,270
2,826
3,276
3,232
3,170
3,186
3,064
2,684
2,451
1,757
1,276
320
431
199
307
241
316
490
446
438
550
0.180
0.170
0.165
0.165
0.170
0.175
2
2
2,763
3,170
1,308
1,012
6,801
5,516
538
370
0.256
0.166
2
2
18.8
7.9
2,799
2
695
2,104
2,526
2
2
554.3
222.6
142.9
4
79.7
1
S
617.0
473.7
397.9
75.8
0.165
0.160
2,809
2
700
2,108
2,473
2,178.0
955.6
1,222.4
2,520.5
1,166.1
1,354.5
Exports, total, including flour
Wheat only
do...
do...
1,647.7
1,610.8
1,527.5
1,493.6
0.175
'25.7
20.8
10.9
do...
do...
do...
4.9
8,397.3
8,423.8
6,156.9
2,266.9
Stocks (domestic), end of period, total t
On farms i
Off farms
See footnotes at end of tables.
6.3
66.4
418.1
293.9
124.2
2,986
1,619
mil. bu.
do...
fl
U
501.4
353.4
148.0
3,359
2,267
Exports
do...
Price, wholesale, No. 2, medium grain (Southwest Louisiana)
$ per lb.
Rye:
Production (crop estimate) 1}
Stocks (domestic), end of period $
182.7
264.9
2
12.8
2
268.7
248.5
522.4
418.1
293.9
124.2
95.9
Exports, including oatmeal
do...
Price, wholesale, No. 2, white (Minneapolis)
$ per bu.
Rice:
Production (crop estimate)
mil. bags # .
California mills:
Receipts, domestic, rough
mil. lb.
Shipments from mills, milled
rice
do...
Stocks, rough and cleaned (cleaned basis), end
of period
mil. lb.
2
344.8
16.5
8.0
10.9
1
'2,424
"461
1,963
11
6
6
394
157.9
155.7
118.7
117.9
126.8
124.0
987
470
2,987.1
1,421.0
1,566.0
2,520.5
1,166.1
1,354.5
132.4
130.8
99.9
98.5
96.0
94.1
88.9
88.5
6
146.8
143.1
155.0
146.3
137.4
131.1
336
4,541.4
4
694.8
1,877.0
886.3
990.7
121.7
111.8
102.7
95.3
121.8
112.0
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
1981
August 1983
1982
June
Annual
Aug.
July
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
r
24,118
438
53,866
25,890
459
56,987
June
July
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS—Continued
Wheat flour:
Production:
Flour i
thous sacks (100 lb )
Millfeed i
thous. sh. tons..
Grindings of wheat i
thous. bu..
Stocks held by mills, end of period
thous. sacks (100 lb.)..
Exports
do
Prices, wholesale:
Spring, standard patent (Minneapolis)
$ per 100 lb..
Winter hard 95% patent (Kans City)
do
26,787
r
488
59,lll
283,966
5,045
634,381
284,965
r
5,137
640,158
22,471
406
50,215
23,153
424
52,333
24,669
448
55,826
24,213
435
54,340
24,965
450
56,328
23,867
429
53,778
24,473
441
54,783
24,425
445
54,765
23,393
425
52,713
3,460
15,839
4,276
14,518
3,744
944
352
1,196
3,563
698
593
824
4,276
185
1,587
3,734
3,760
2,692
4,256
3,193
4,172
10.545
10 600
10.500
10.538
10.188
10.475
10.388
10.463
10.450
10.163
10 200
10.300
10.753
10.813
10.950
11.213
15,058
15,146
1,360
1,306
1,377
1,364
1,337
1,270
1,223
1,221
1,327
1,370
392
238
345
204
0.265
0.250
194.0
193.6
35
22
34
25
0.690
0.668
0.608
thous animals
do....
2,478
32,819
2,729
33,907
609
8,192
Prices, wholesale:
Beef steers (Omaha)
$ per 100 lb..
Steers, stocker and feeder (Kansas City).... do....
Calves, vealers (So. St. Paul)
do....
63.84
64.26
77.25
64.30
62.79
77.70
70.18
63.70
85.00
87 850
79 328
20 043
44.29
55.21
59.01
59.70
63.18
63.12
57.27
53.90
14.9
22.4
22.4
23.1
26.6
28.5
28.2
24.6
10.844
'10 347
1
r
r
(3)
(3)
POULTRY AND EGGS
Poultry:
Slaughter
mil. lb..
Stocks, cold storage (frozen), end of period, total
mil. lb..
Turkeys
do....
Price, in Georgia producing area, live broilers
$ per lb..
Eggs:
Production on farms
mil. cases §..
Stocks, cold storage, end of period:
Shell
thous cases §
Frozen
mil. lb..
Price, wholesale, large (delivered; Chicago)
$ per doz..
2
2
425
282
0.275
0.265
0.250
0.255
0.240
47.9
2
32
2
23
0.235
0.616
0.659
1,342
1,274
313
188
326
185
346
192
0.240
0.265
0.245
0.240
H6.4
14.8
16.4
15.5
35
4
28
25
28
18
25
0.662
0.602
0.627
4
221
2,893
r
477
321
0.255
0.270
0.295
15.8
15.3
15.6
23
24
32
23
44
23
27
22
0.662
0.649
0.684
0.680
0.662
204
2,554
246
2,828
202
2,615
194
2,820
211
2,992
214
2,736
59.33
63.70
75.88
61.20
66.34
75.00
64.03
66.71
75.50
67.70
65.90
77.12
67.51
63.88
76.00
65.90
60.41
71.00
62.22
58.21
75.00
6 421
5 762
7 339
7 010
6 816
6 928
6 270
55.23
57.24
57.78
51.37
47.84
47.40
45.73
45.81
23.7
23.4
21.9
18.6
16.0
15.1
14.4
13.9
0.235
4
34
25
0.668
r
410
256
4
48.4
29
28
0.617
1,110
329
194
4
345
204
565
436
0.641
r
357
210
r
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
Cattle
Hogs:
Slaughter (federally inspected)
thous. animals
Prices:
Wholesale, average, all weights (Sioux City)
$ per 100 lb..
Hog-corn price ratio (bu. of corn equal in value
to 100 lb. live hog)
Sheep and lambs:
Slaughter (federally inspected)
thous. animals..
Price, wholesale, lambs, average (Omaha)
$ per 100 lb..
5,789
6,273
1,493
52.23
53.98
60.50
mil lb
do....
do....
do....
38,675
578
1,847
1,832
37,266
554
1,566
2,015
9,097
2
504
147
215
do
do....
do....
do
22,629
266
486
1 317
22,789
302
540
1 446
5,462
2
197
49
158
Price, wholesale, beef, fresh, steer carcasses,
choice (600-700 lbs.) (Central U.S.)
$ per lb..
0.998
1.013
1.112
692
8,770
66.18
64.17
84.84
65.14
66.42
81.12
61.25
63.55
84.60
726
8,762
58.78
62.21
75.00
58.91
61.24
75.00
1,577
57.25
50.50
50.00
108
234
9 165
474
112
246
40
113
41
180
5,837
254
42
194
1.026
1.008
0.955
59.82
59.17
78.40
20 068
18 310
4
4
4
509
457
617
508
508
508
497
53.50
58.50
59.75
58.75
59.00
53.00
51.12
4
3,151
4
573
114
208
2,786
571
104
177
3,268
581
136
170
3,038
603
133
178
3,146
r
614
115
187
3,276
r
591
118
176
2,985
569
4
1,961
4
310
44
153
1,738
315
42
127
1,929
306
55
112
1,758
285
46
123
1,890
r
272
40
131
1,999
r
261
44
122
1,838
258
0.939
0.966
1.006
1.078
1.050
1.024
0.977
30
4
8
27
8
36
8
30
8
30
9
29
9
28
8
1,159
4
224
15
50
1,021
216
18
42
1,303
235
21
49
1,250
273
32
48
1,227
293
22
47
1,249
r
280
22
46
1,119
253
315.2
1.219
289.5
1.180
281.3
1.162
274.9
1.173
268.5
1.144
1,634
46.75
48.50
143
124
9,659
554
115
114
52
146
56
67
5,928
302
43
69
0.930
0.929
0.926
48.25
MEATS
Total meats (excluding lard):
Production total
Stocks, cold storage, end of period
Exports (meat and meat preparations)
Imports (meat and meat preparations)
Beef and veal:
Production total
Stocks, cold storage, end of period
Exports
Imports
111
158
133
194
r
Lamb and mutton:
Production, total
Stocks cold storage end of period
mil. lb..
do
328
11
356
9
85
2
8
88
9
93
9
Pork (excluding lard):
Production total
Stocks, cold storage, end of period
Exports
Imports
mil lb
do....
do....
do
15,719
264
347
432
14,121
219
282
498
3,550
2
264
32
50
19
42
18
45
3 240
183
16
44
17
43
22
51
3,638
219
19
40
Prices, wholesale:
Hams smoked #
Index 1967 — 100
Fresh loins, 8-14 lb. average (N.Y.)
$ per lb.
266.5
1.137
297.9
1.277
299.4
1.386
299.6
1.376
305.6
1.366
327.5
1.415
342.7
1.349
342.0
1.232
353.2
1.229
330.6
1.291
324.1
1.369
Cocoa (cacao) beans:
Imports (incl. shells)
thous. lg. tons..
Price, wholesale, Accra (New York)
$ per lb..
245.0
1.085
194.2
0.924
11.9
0.800
13.0
0.830
20.3
0.860
14.3
0.870
14.4
0.880
14.4
0.820
17.4
0.850
46.0
0.910
42.7
1.020
19.0
0.990
3.8
0.960
14.4
1.000
11.1
1.200
1.100
Coffee (green):
Inventories (roasters', importers', dealers'),
end of period
thous bags H
Roastings (green weight)
.
do
(3)
(3)
Imports total
From Brazil
Price, wholesale, Santos, No. 4 (N.Y.)
Confectionery, manufacturers' sales @
do
do...
$ per lb.
mil. $.
16,555
3,243
1.594
5,189
17,416
3,372
1.420
5,456
1,335
213
1.450
360
1,282
264
1.450
330
1,602
307
1.450
491
1,640
412
1.450
608
2,005
445
1.450
570
1,356
196
1.330
510
1,602
346
1.330
469
1,556
384
1.330
(3)
1,332
310
1.330
1,373
232
1.330
1,253
259
1.415
1,502
292
1.415
1,034
229
1.415
1.415
mil. lb.
350
383
290
337
374
380
379
386
383
347
306
298
286
4
4
r
MISCELLANEOUS FOOD PRODUCTS
Fish:
Stocks, cold storage, end of period
See footnotes at end of tables.
r
294
"329
S-23
SURVEY OF CURRENT BUSINESS
August 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
1983
1982
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOOD AND KINDRED PRODUCTS; TOBACCO—Cont.
MISCELLANEOUS FOOD PRODUCTS—Cont.
Sugar (United States):
Deliveries and supply (raw basis): §
Production and receipts:
Production
thous. sh. tons..
Deliveries, total
do....
For domestic consumption
do....
Stocks, raw and ref, end of period
do....
Exports, raw and refined
sh. tons..
Imports, raw and refined
thous. sh. tons..
Prices, wholesale (New York):
Raw
$ per lb..
Refined (excl. excise tax)
do
Tea, imports
thous. lb..
TOBACCO
Leaf:
Production (crop estimate)
Stocks, dealers' and manufacturers',
end of period $
Exports, incl. scrap and stems
Imports, incl. scrap and stems
Manufactured:
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
Taxable
Cigars (large) taxable
Exports, cigarettes
5,157
(4)
10,922
9,731
3,311
(4)
(4)
(4)
979,157
58,512
15,619
2,212
1,478
1,751
4,551
5,054
2,616
218
360
133
90
520
1,299
167
837
133
1,624
164
934
219
1,308
140
1,236
238
984
333
11,555
139
0.198
0.303
(4)
(4)
15,598
17,425
16,207
18,222
12,567
13,748
15,092
14,170
15,799
16,018
10,931
0.208
0.300
(4)
(4)
190,254
182,613
mil. lb..
'2,064
4,982
mil. lb..
thous. lb..
do....
5,080
575,255
335,920
5,371
562,260
295,740
4,675
37,226 "23,910 " 30,'179
25,012 17,725 41,903
5,034
24,805 "74,486 "92,236
25,541 29,006 29,126
millions..
do....
do
do....
92,006
638,114
3,258
82,582
82,078
614,017
3,056
73,585
6,265
60,590
292
5,797
6,789
56,655
291
5,894
14,309
14,286
1,514
5,784
49,167
234
4,461
7,595
55,802
279
5,844
6,415
54,068
259
6,734
6,766
49,538
261
6,144
5,371
50,528 "24,189 "38,339 "45,958 "43,953 "33,631 "32,728
11,714 23,898 19,565 23,013 29,965 24,428 22,307
5,915
33,075
220
5,589
6,828
48,686
229
5,614
6,091
42,701
197
5,811
5,590
54,360
255
4,249
4,260
47,466
216
4,319
5,828
47,854
261
4,687
6,119
15,200
13,492
14,868
LEATHER AND PRODUCTS
LEATHER
Exports:
Upper and lining leather
thous sq ft
Price, producer:
Sole, bends, light
index, 1967=100..
LEATHER MANUFACTURES
Footwear:
Production, total
thous. pairs..
Shoes, sandals, and play shoes, except athletic
thous. pairs..
Slippers
do....
Athletic
do....
Other footwear
do....
Exports
do....
Prices, producer: *
Men's leather upper, dress and casual
index, 12/80=100..
Women's leather upper
index, 1967=100..
Women's plastic upper
index, 12/80=100..
192,193
159,804
18,610
18,486
12,065
10,417
11,842
9,726
10,786
11,052
12,453
15,078
331,388
28,629
23,993
28,310
28,943
28,897
26,320
23,512
27,831
31,757
31,470
r
r
2
306.7
380,383
27,001
29,804
20,702
r
4,6l6
r
l,683
r
561
553
23,007
5,176
1,621
540
486
546
106.6
220.4
r
98.8
107.0
220.2
98.9
104.6
224.6
99.9
104.6
225.0
99.8
2,481
412
2,069
2,290
437
1,853
5,950
1,699
4,251
2,682
394
2,288
2,632
435
2,197
5,997
1,655
4,342
2,623
374
2,249
2,683
452
2,231
5,924
1,564
4,360
2,645
396
2,249
2,775
431
2,344
933
1,055
885
1,153
1,099
505
666
612
546
982
45
7
38
656
698
697
624
1,055
51
16
35
635
684
682
649
1,088
60
17
43
714
692
675
648
693
644
719
1,000
50
10
39
289,745
74,662
15,976
3,556
9,688
247,047
67,704
16,637
4,030
7,717
20,859
6,468
1,302
378
742
19,251
3,958
784
268
636
20,735
6,082
1,493
267
577
21,224
6,327
1,392
354
595
20,697
6,620
1,580
394
649
19,075
5,911
1,334
365
635
18,231
3,890
1,391
267
536
21,161
5,133
1,537
433
497
24,423
5,138
2,196
447
436
23,859
5,723
1,888
534
637
103.1
214.4
99.6
105.2
215.8
97.9
101.2
218.5
98.5
106.2
219.0
99.1
106.3
219.5
99.1
106.4
220.0
99.7
107.0
221.8
99.8
107.0
221.8
99.8
104.5
221.8
99.2
105.2
218.5
99.1
106.9
219.5
98.8
2,247
391
1,856
2,353
398
1,955
5,881
1,783
4,098
2,004
337
1,667
2,162
360
1,802
5,724
1,761
3,963
2,484
397
2,087
2,435
419
2,016
5,770
1,735
4,035
916
781
568
572
505
506
907
31
6
25
533
612
448
493
862
39
8
31
LUMBER AND PRODUCTS
LUMBER—ALL TYPES #
National Forest Products Association:
Production, total
mil. bd. ft.,
Hardwoods
do...
Softwoods
do...,
Shipments, total..
. do...
Hardwoods
. do...
Softwoods
. do...
Stocks (gross), mill, end of period, total
do...
Hardwoods
do...
Softwoods
do...
Exports, total sawmill products
do...
Imports, total sawmill products
do...
SOFTWOODS
Douglas fir:
Orders, new
mil. bd. ft.
Orders,
unfilled, end of period
do...
Production
do...
Shipments
do...
Stocks (gross), mill, end of period
do...
Exports, total sawmill products
do...
Sawed timber
do...
Boards, planks, scantlings, etc
do...
Price, wholesale:
Dimension, construction, dried, 2" x 4", R.L.
$ per M bd. ft.
See footnotes at end of tables.
3
29,592
3
6,835
22,757
3
29,491
3
6,655
22,836
5,927
1,945
3,982
3
26,960
3
5,077
21,883
3
27,163
3
5,261
21,902
5,724
1,761
3,963
9,518
9,421
6,393
429
6,395
6,463
844
523
129
394
5,976
612
5,743
5,793
862
471
125
345
2,338
443
1,895
2,513
438
2,075
5,853
1,789
4,064
2,376
388
1,988
2,363
381
1,982
5,867
1,797
4,070
2,560
382
2,178
2,450
377
2,073
5,977
1,802
4,175
2,445
393
2,052
2,260
396
1,864
6,163
1,799
4,364
2,333
400
1,933
2,506
407
2,099
5,986
1,789
4,179
874
545
500
468
525
943
40
9
30
501
488
517
513
947
31
8
23
565
495
552
558
941
42
14
28
477
502
509
470
980
31
7
24
567
510
487
559
908
41
8
33
683
707
642
588
916
41
11
30
5,824
1,556
4,268
706
1,075
63
16
48
107.6
221.6
100.9
S-24
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
June
Annual
August 1983
July
Aug.
Sept.
1983
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
LUMBER AND PRODUCTS—Continued
SOFTWOODS—Continued
Southern pine:
Orders new
Orders, unfilled end of period
Production
Shipments
mil. bd ft
do....
'6,128
418
'6,016
438
599
467
493
409
537
427
508
401
607
438
512
435
488
438
590
476
486
486
615
528
571
529
642
556
do....
do
'6,143
'6 129
'6,186
'5 996
556
595
547
551
582
519
643
534
563
570
513
515
505
485
521
552
515
476
561
573
550
570
584
615
..
Stocks (gross), mill and concentration yards, end
of period
mil bd ft
1 284
1 474
1 295
1 291
1354
1 464
1456
1 454
1474
1 444
1 483
1471
1 451
1 419
227 020
245 221
26 989
18 752
17 778
22 926
19 908
22 203
20 273
19,753
18 314
18 375
21 244
21 552
16 511
mil bd ft
do....
7,235
219
6,880
324
598
304
617
303
727
336
597
355
671
364
650
363
515
324
661
390
568
389
718
422
709
426
781
439
728
432
Production
Shipments
do....
do
7,261
7 342
6,681
6 775
592
622
631
618
713
694
592
578
594
662
587
651
495
554
601
595
636
569
710
685
713
705
722
768
767
735
Stocks (gross), mill, end of period
do....
1,104
1,055
1,200
1,213
1,232
1,246
1,178
1,114
1,055
1,061
1,128
1,153
1,161
1,115
1,147
2.8
83.1
10.1
4.8
75.0
12.0
2.1
6.2
11.8
2.2
5.8
11.4
3.3
6.7
11.3
2.7
7.3
10.4
2.8
6.7
10.6
3.4
6.3
10.9
4.8
6.2
12.0
6.7
8.0
9.3
6.4
6.5
8.7
6.5
8.7
8.4
6.4
8.5
7.3
6.5
8.4
6.4
7.5
9.0
6.6
563
1
106
564
1
1,113
78
1
1,182
58
1,353
63
25
2,395
2,913
5,157
r
6,117
2,247
2,723
5,029
5,969
2,380
2,823
5,231
5,915
Exports total sawmill products
thous bd ft
Prices, wholesale (indexes):
Boards, No. 2 and better, 1" x 6", R.L.
1967=100..
Flooring, C and better, F. G., 1" x 4", S.L.
1967-100
Western pine:
Orders new
Orders, unfilled, end of period
Price, wholesale, Ponderosa, boards, No. 3,
1" x 12" R L (6' and over)
$ per M bd ft
HARDWOOD FLOORING
Oak:
Orders, unfilled, end of period
Shipments
Stocks (gross), mill, end of period
mil. bd. ft..
do....
do....
6.7
7.1
5.4
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
Scrap
Pig iron
thous. sh. tons.
do...
do...
2,904
'6,456
16
1,842
6,804
54
180
806
6
146
577
1
152
542
1
158
607
18
133
434
1
109
620
21
97
375
95
625
1
92
372
Imports:
Steel mill products
Scrap
Pig iron
do...
do...
do...
19,898
'562
433
'16,663
474
322
1,784
49
35
1,113
37
9
1,451
45
15
1,191
37
14
1,146
35
41
1,258
38
11
1,090
27
13
1,098
35
5
1,158
29
7
thous. sh. tons.,
do...
do...
do...
'43,260
'41,981
'85,097
8,118
27,840
'27,477
'56,452
6,421
2,320
2,303
4,715
7,551
2,119
2,033
4,336
7,352
2,122
2,133
4,377
7,117
2,078
2,106
4,357
6,954
1,975
2,134
4,226
6,628
1,924
1,773
3,757
6,479
1,687
1,855
3,611
6,421
1,832
2,223
4,257
6,143
1,877
2,488
4,396
6,069
Prices, steel scrap, No. 1 heavy melting:
Composite
$ per lg. ton.
Pittsburgh district
do...
90.17
100.50
61.51
66.71
55.21
59.50
53.84
57.50
54.77
58.00
53.48
58.00
52.32
55.00
48.94
51.50
48.61
51.50
55.19
62.50
61.13
68.00
70.50
79.00
68.64
77.00
60.00
67.50
66.21
72.50
36,495
36,956
14,679
2,525
4,964
1,865
869
4,795
1,508
909
4,193
1,532
744
3,943
1,424
1,470
3,161
1,395
1,728
3,065
2,365
1,569
826
2,463
395
463
1,970
622
320
2,314
477
206
3,165
2,876
567
3,991
5,323
1,245
1,411
646
3,978
2
1,268
5,201
(2)
3,852
5,406
1
6,729
5,560
1
6,992
5,267
2
)
42,624
14,345
22,904
5,375
39,615
16,184
18,909
4,522
37,498
16,495
17,292
3,711
37,192
15,163
18,534
3,495
37
20
38
45
4,333
4,336
r
625
4,376
4,480
637
4,090
545
759
446
548
818
484
100
805
2
1,297
71
39
Iron and Steel Scrap
Production
Receipts, net
Consumption
Stocks, end of period
r
r
r
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous. lg. tons.
Shipments from mines
do...
Imports
do...
'73,174
'72,181
28,328
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants
do...
Consumption at iron and steel plants
do....
Exports (domestic)
do....
96,645
94,958
5,546
49,872
55,234
3,177
7,182
4,342
604
6,746
4,705
324
5,848
4,369
57
5,361
4,249
501
4,368
4,192
339
3,395
3,664
486
2,655
3,565
235
do....
do....
do....
do....
60,243
12,734
36,203
6,571
52,621
16,948
29,923
5,750
58,457
26,380
26,909
5,168
59,065
25,297
28,860
4,908
57,833
22,137
30,276
5,420
55,774
19,042
31,326
5,406
54,480
17,423
31,501
5,556
52,647
16,098
30,953
5,596
52,621
16,948
29,923
5,750
674
3,882
(2)
45,534
12,997
26,896
5,641
do....
775
477
58
35
33
14
25
32
15
61
29
Pig iron:
Production (including production of ferroalloys)
thous. sh. tons.,
Consumption
do....
Stocks, end of period
do....
'73,570
75,074
859
'43,136
'44,541
580
3,595
3,648
758
3,516
3,554
728
3,277
3,431
697
3,160
3,261
681
3,077
3,201
649
2,648
2,837
603
2,712
2,883
580
3,192
3,266
659
3,264
3,175
641
213.00
213.00
610
756
428
611
616
359
505
618
351
521
584
334
536
450
266
570
625
366
Stocks, total, end of period
At mines
At furnace yards
At U.S. docks
Manganese (mn. content), general imports
r
Pig Iron and Iron Products
Price, basic furnace
$ per sh. ton..
Castings, gray and ductile iron:
Orders, unfilled, for sale, end of period
thous. sh. tons..
Shipments, total
do....
For sale
do....
736
11,801
6,587
536
8,222
4,681
Castings, malleable iron:
Orders, unfilled, for sale, end of period
thous. sh. tons..
Shipments, total
do....
For sale
do....
32
422
200
14
285
120
See footnotes at end of tables.
4,206
4,260
r
627
r
r
213.00
608
630
404
575
631
369
r
r
r
586
662
377
551
813
452
4,213
SURVEY OF CURRENT BUSINESS
August 1983
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
Annual
S-25
1983
1982
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
METALS AND MANUFACTURES—Continued
Steel, Raw and Semifinished
Steel (raw):
Production
Rate of capability utilization
thous. sh. tons.
percent.
1
120,828
78.3
r
'74,577
r
48.4
6,050
47.7
5,719
43.8
5,538
42.4
5,299
41.9
5,262
40.2
4,546
35.9
4,456
34.0
5,570
43.4
5,676
49.0
7,127
55.5
7,292
58.9
7,412
57.9
373
1,743
1,558
161
1,023
926
250
91
82
232
63
56
222
65
58
213
68
62
181
63
56
172
56
50
161
45
39
162
53
48
157
r
53
r
47
165
62
56
152
57
50
159
64
57
87,014
59,783
5,372
4,514
4,724
4,760
4,309
4,234
4,583
4,588
5,969
5,399
5,612
5,986
5,598
4,903
7,397
1,458
3,408
3,424
4,136
782
291
284
316
68
257
272
259
56
269
265
300
41
283
280
269
44
291
321
261
36
260
237
260
49
255
210
260
51
229
237
254
42
278
239
251
55
297
206
341
81
298
240
305
78
327
271
304
70
360
307
326
70
Steel castings:
Orders, unfilled, for sale, end of period
thous. sh. tons.
Shipments, total
do...
For sale, total
do...
6,993
56.5
Steel Mill Products
Steel products, net shipments:
Total (all grades)
thous. sh. tons.
By product:
Semifinished products
do...
Structural shapes (heavy), steel piling
do...
Plates
do...
Rails and accessories
do...
Bars and tool steel, total
Bars: Hot rolled (incl. light shapes)
Bars: Reinforcing
Bars: Cold
finished
do...
do...
do...
do...
13,828
'7,770
4,371
1,620
9,440
'4,857
3,526
1,013
855
440
319
92
668
304
296
66
766
361
325
76
746
347
322
73
715
238
323
68
639
280
293
64
615
312
241
59
756
415
253
85
756
366
232
75
1,078
588
422
94
892
446
350
92
980
526
355
96
996
522
371
100
Pipe and tubing
Wire and wire products
Tin mill products
Sheets and strip (incl. electrical), total
Sheets: Hot rolled
Sheets: Cold rolled
do...
do...
do...
do...
do...
do...
10,286
1,694
4,927
36,924
13,451
14,396
5,026
1,332
4,321
27,914
9,052
11,132
388
123
386
2,661
848
1,069
274
113
331
2,285
758
884
246
112
386
2,340
746
919
228
113
502
2,295
665
915
220
108
251
2,189
657
878
224
89
266
2,063
637
832
220
83
294
2,247
656
974
232
98
380
2,355
769
941
224
99
321
2,366
797
940
283
131
406
3,045
1,000
1,239
252
124
369
2,841
958
1,126
262
122
372
2,905
982
1,145
273
130
379
3,144
1,086
1,222
By market (quarterly):
Service centers and distributors
Construction, incl. maintenance
Contractors' products
Automotive
Rail transportation
Machinery, industrial equip., tools
Containers, packaging, ship, materials
Other
do...
do...
do...
do...
do...
do...
do...
do...
17,637
'8,446
3,230
13,154
2,162
4,624
5,292
'32,469
'12,972
6,260
2,290
'9,295
1,030
2,582
4,471
'20,883
3,213
1,651
598
2,791
277
689
1,115
5,676
Steel mill shapes and forms, inventories, end of
period—total for the specified sectors:
mil. sh. tons.
Producing mills, inventory, end of period:
Steel in process
mil. sh. tons.
Finished steel
do...
Service centers (warehouses), inventory, end of
period
mil. sh. tons.
Consumers (manufacturers only):
Inventory, end of period
do...
Receipts during period
do...
Consumption during period
do...
r
30.0
3,099
1,568
548
2,311
183
491
1,252
4,546
3,539
1,370
634
2,453
203
538
1,133
5,270
3,029
1,379
543
2,036
159
446
837
4,201
r
r
3,915
1,644
659
3,024
245
594
1,183
5,732
22.2
26.9
26.5
25.8
24.8
24.0
23.0
22.2
22.1
8.1
5.3
10.4
6.5
10.2
6.5
9.9
6.3
9.6
6.0
9.3
5.8
8.6
5.6
8.1
5.3
8.1
5.1
5.1
5.0
5.0
4.8
4.7
4.7
4.7
4.7
4.8
4.7
5.1
4.1
54.9
56.7
4.9
4.7
5.1
4.8
4.3
4.4
4.6
4.4
4.6
4.4
4.5
4.7
4.2
4.7
4.4
4.1
3.8
3.9
4.0
3.4
3.4
4.2
4.2
4.1
4.0
4.0
r
4.2
4.1
4.9
4.8
4.4
4.7
4.4
4.6
4.6
4.4
3,609
2,095
300
188
297
182
287
186
271
181
275
180
266
164
275
157
279
164
246
160
273
179
270
175
11.3
7.4
5.4
5.9
71.7
72.4
21.9
21.9
22.3
23.3
7.9
5.3
7.8
5.2
7.8
5.4
8.0
5.6
4.7
r
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons.
Recovery from scrap (aluminum content)
do...
Imports (general):
Metal and alloys, crude
Plates, sheets, bars, etc
Exports:
Metal and alloys, crude
Plates, sheets, bars, etc
4,948
2,239
rl
r
do...
do...
1
'710.7
142.5
679.4
214.3
66.5
15.5
42.2
16.7
78.2
17.9
52.8
16.9
52.7
18.9
60.1
18.2
47.8
17.5
53.1
22.1
47.0
21.7
36.6
24.1
73.7
21.8
93.3
25.1
91.4
21.6
do...
do...
344.2
'281.9
401.2
200.1
48.5
19.9
24.2
13.3
42.6
14.3
23.6
22.0
59.5
20.4
42.1
12.1
27.3
12.6
56.1
13.9
13.4
13.2
15.4
20.6
51.2
15.9
9.0
13.6
16.4
14.0
Price, primary ingot, 99.5% minimum.... $ per lb.
0.7600
0.7600
0.7600
0.7600
13,237
10,328
5,978
1,581
11,960
9,108
5,329
1,306
1,113
834
498
143
879
744
444
102
1,100
777
462
104
1,014
781
465
108
1,059
727
417
101
943
719
419
98
1,108
679
390
85
906
769
461
105
920
753
434
112
1,154
946
547
135
1,046
865
503
117
1,207
1,006
622
133
6,607
6,200
6,577
6,626
6,508
6,434
6,037
5,837
5,696
5,574
1,135.1
l,227.1
1,064.8
rl
162.2
90.0
93.9
85.8
8.0
84.6
99.5
85.7
13.8
81.1
91.5
74.1
17.4
75.3
94.7
75.6
19.0
86.5
95.0
80.1
14.9
89.4
114.2
98.1
16.1
81.0
102.8
85.4
17.5
89.0
114.2
r
94.1
20.1
96.7
116.1
97.1
19.1
631.9
570.2
39.2
34.9
28.6
60.7
53.4
56.8
44.6
Aluminum products:
Shipments:
Ingot and mill prod, (net ship.)
Mill products, total
Sheet and plate
Castings
mil lb.
do...
do...
do...
Inventories, total (ingot, mill products, and
scrap), end of period
mil. lb.
Copper:
Production:
Mine, recoverable copper
thous. met. tons.
Refinery, primary
do...
From domestic ores
do...
From foreign ores
do...
Secondary, recovered
as refined
do...
1,538.2
'1,544.0
'1,430.2
'113.8
r
r
r
r
6,200
90.7
94.4
76.5
17.8
r
r
78.2
96.0
•77.1
18.9
r
92.0
120.9
105.1
15.8
r
r
Imports (general):
Refined, unrefined,
scrap (copper cont.)
Refined
do...
do...
502.5
359.3
'518.7
'259.8
50.6
29.2
47.5
27.2
42.9
25.8
57.3
29.9
56.2
27.6
42.3
26.2
39.7
21.9
50.6
34.0
42.6
27.0
65.5
44.1
94.7
71.6
73.9
45.0
74.4
54.0
Exports:
Refined and scrap
Refined
do...
do...
340.6
28.1
381.1
35.0
20.4
1.6
33.5
2.9
34.0
5.4
36.6
9.9
40.2
8.6
34.3
0.8
22.8
1.1
33.4
13.4
14.5
0.7
19.6
1.5
23.0
2.0
21.4
3.2
21.3
2.9
2,045
511
1,790
668
485
587
0.7431
0.7149
0.8022
0.8402
0.8207
0.8349
0.8563
0.8184
Consumption, refined
(by mills, etc.)
thous. sh. tons.
Stocks, refined, end of period
do...
Price, electrolytic (wirebars), dom., delivered
$ per lb.
See footnotes at end of tables.
407
592
0.7105
0.7100
0.7106
390
668
0.7241
0.7297
0.7423
6,921
54.3
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
June
Annual
August 1983
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS—Continued
Copper-base mill and foundry products, shipments
(quarterly total):
mil. lb.
do...
do...
2,622
2,847
471
2,014
2,393
405
548
634
107
Lead:
Production:
Mine, recoverable lead
thous. met. tons.
Recovered from scrap (lead cont.)
do...
445.5
515.9
528.8
50.1
1
1,066.2
42.6
44.8
5.4
84.5
37.0
34.4
1.6
73.0
42.9
44.2
8.5
90.7
41.7
41.9
2.3
87.9
Brass mill products
Copper wire mill products (copper cont.)
Brass and bronze foundry products
do...
do...
68.7
1,167.1
Stocks, end of period:
Producers', ore, base bullion, and in process
(lead content), ABMS
thous. met. tons.
Refiners' (primary), refined and antimonial
(lead content)
thous. met. tons.
Consumers' (lead content)
fi
do...
Scrap (lead-base, purchased), all smelters
(gross weight)
thous. met. tons.
Price, common grade, delivered
$ per lb.
79.5
123.2
Imports (general), ore (lead cont.), metal
Consumption, total
Tin:
Imports (for consumption):
Ore (tin content)
metric tons.
Metal, unwrought, unalloyed
do...
Recovery from scrap, total (tin cont.)
do...
As metal
do...
Consumption, total
do...
Primary
do...
58.8
0.3653
497
575
90
425
530
94
45.0
44.6
8.2
95.3
42.1
41.9
1.9
83.2
45.4
41.5
2.4
83.1
44.7
41.3
2.1
82.3
39.4
37.4
8.1
70.9
37.2
41.0
2.4
80.4
36.6
41.3
6.3
83.1
35.7
42.5
r
6.5
81.9
75.1
76.6
75.9
75.0
75.3
73.6
65.3
59.0
59.5
73.5
77.4
33.5
0.2554
69.0
88.3
66.6
84.2
61.7
83.5
66.6
84.2
69.0
79.4
85.6
78.3
80.4
79.0
83.5
77.5
93.7
72.5
39.3
0.2718
34.8
0.2582
31.6
0.2532
30.6
0.2319
73.5
77.4
33.5
0.2047
78.1
80.0
36.1
0.2476
73.6
77.4
37.1
0.2161
27.9
0.2203
25.9
0.2112
21.6
0.2073
23.6
0.2117
20.0
0.2022
1,931
27,939
12,372
1,641
53,450
38,700
'9,357
3,152
6.5392
156
2,055
1,025
140
5,100
3,700
662
4,653
6.0826
93
2,450
1,000
155
4,900
3,600
375
3,888
6.1255
186
2,742
940
145
4,700
3,400
305
2,910
6.2549
194
1,697
996
121
4,700
3,400
175
2,940
6.3904
289
2,409
1,019
164
4,600
3,300
249
2,970
6.2475
2,233
1,008
192
4,500
3,200
241
3,437
6.1347
277
2,100
1,000
130
4,400
3,100
256
3,152
6.1434
173
3,434
886
116
4,400
3,200
368
4,609
6.2443
51
1,867
914
114
4,700
3,400
382
3,513
6.5070
34
2,365
971
176
4,900
3,600
298
3,815
r
6.6772
45
3,578
1,008
197
r
4,700
3,500
221
4,026
r
6.8759
3
2,845
r
do...
do...
$ per lb.
232
45,874
15,438
1
1,587
'54,373
1
40,229
6,081
5,988
7.3305
thous. met. tons.
312.4
"300.3
27.0
21.3
27.4
25.7
do...
do...
117.7
49.3
'456.1
4.9
39.8
0.7
27.8
2.8
26.2
3.9
34.9
9.1
49.1
2.3
61.5
3.6
41.0
3.7
35.9
2.1
25.4
2.5
42.6
2.4
51.2
6.6
60.4
do...
do...
'60.6
'288.7
53.1
208.1
3.9
17.3
3.1
17.3
2.6
17.5
3.6
17.9
4.0
17.6
4.7
17.1
4.7
16.8
4.7
17.2
3.8
16.7
5.2
14.4
5.1
14.6
4.9
14.4
'393.0
'834.2
0.3
254.3
697.4
0.3
21.5
65.8
18.7
56.3
0.0
20.4
60.7
24.1
61.4
24.8
60.8
18.7
53.7
18.1
50.8
0.1
18.2
61.8
1.4
20.7
59.9
22.7
68.8
22.4
66.7
23.5
64.9
1.0
44.7
81.9
0.4455
24.6
r
77.6
0.3847
27.9
57.7
0.3460
20.5
62.0
0.3566
14.9
57.7
0.3779
15.9
56.1
0.3964
19.9
56.0
0.4083
21.5
62.2
0.4039
24.6
62.0
0.3846
21.9
69.7
0.3860
22.1
65.8
0.3806
19.4
r
70.4
0.3790
Heating, combustion, atmosphere equipment, new
orders (domestic), net, qtrly #
mil $.
Electric processing heating equipment
do...
Fuel-fired processing heating equip
do...
470.0
106.9
225.4
'296.9
65.4
128.2
73.3
17.5
26.9
Material handling equipment (industrial):
Orders (new), index, seas, adj
1967=100.
382.0
249.2
241.2
235.1
209.5
266.0
188.4
206.0
18,734
19,784
13,988
14,859
1,558
1,567
787
931
1,207
1,042
1,160
1,312
1,220
1,113
1,299
1,379
31,885
18,553
2,216
824
1,265
1,484
1,312
1,447
Exports, incl. reexports (metal)
Stocks, pig (industrial), end of period
Price, Straits quality (delivered)
Zinc:
Mine prod., recoverable zinc
Imports (general):
Ores (zinc content)
Metal (slab, blocks)
Consumption (recoverable zinc content):
Ores
Scrap, all types
Slab zinc: @
Production, total i
thous. met. tons.
Consumption, fabricators
do...
Exports
do...
Stocks, end of period:
Producers', at smelter (ABMS)
do...
Consumers'
do...
Price, Prime Western
$ per lb.
1
r
r
25.0
4.2
64.5
51
2,778
4,700
3,500
235
3,527
6.8000
22.3
r
17.9
r
73.4
0.3800
5.6
54.0
21.8
16.0
19.2
20.4
75.4
0.3811 "6.3946
20.1
MACHINERY AND EQUIPMENT
Industrial trucks (electric), shipments:
Hand (motorized)
number.
Rider-type
do...
Industrial trucks and tractors (internal combustion
engines), shipments
number.
Industrial supplies, machinery and equipment:
New orders index, seas, adjusted
1977=100.
Industrial suppliers distribution: t
Sales index, seas, adjusted
1977=100.
Inflation index, not seas. adj. (tools, material
handling equip., valves, fittings, abrasives,
fasteners, metal products, etc.)
1977 = 100.
Fluid power products shipments indexes: *
Hydraulic products, seas, adj
1972=100.
Pneumatic products, seas, adj
do...
Machine tools:
Metal cutting type tools:
Orders, new (net), total
Domestic
Shipments, total
Domestic
Order backlog, end of period
Metal forming type tools:
Orders, new (net), total
Domestic
Shipments, total
Domestic
Order backlog, end of period
See footnotes at end of tables.
mil. $.
do...
do...
do...
do...
do...
do...
do...
do...
do...
53.8
18.1
14.4
60.6
9.6
25.9
150.7
70.3
24.4
19.7
215.8
194.2
222.7
246.9
123.4
94.6
90.9
88.3
90.8
92.1
87.8
84.1
83.6
84.7
83.9
85.9
88.2
91.6
100.4
142.3
120.9
121.3
120.0
119.1
115.9
109.8
106.8
100.7
103.5
104.2
107.6
113.5
112.0
111.6
154.0
153.7
153.5
153.7
153.9
154.6
154.8
155.1
155.1
155.3
279
249
208
202
232
194
191
195
198
186
178
191
170
172
166
184
143
174
169
182
168
183
178
190
180
185
2,228.10 1,064.45
52.60
85.80
60.45
72.85
62.75
70.40
91.65
1,945.80
47.20
889.60
59.10
84.20
57.55
49.25
47.45
55.15
4,104.50 2,894.75 324.60 203.55 212.50 224.40 150.60 155.70 204.30
3,552.45 2,598.60 296.55 173.75 184.30 192.65 132.30 134.80 184.20
2,873.3
1,043.0 1,789.2 1,656.0 1,504.0 1,332.2 1,254.4 1,161.5 1,043.0
57.05
51.35
107.40
93.40
992.6
77.40
69.55
128.80
116.70
941.2
89.65
84.95
134.40
119.70
896.5
34.80
28.95
45.45
38.05
140.0
20.10
18.70
29.55
26.55
130.5
35.85
32.50
41.85
36.40
124.5
716.75
616.85
991.10
824.20
427.0
433.30
371.75
709.65
599.75
150.6
34.25
29.25
84.55
75.35
237.8
36.15
30.40
46.80
40.65
227.2
26.05
22.70
44.70
38.90
208.6
34.30
30.20
51.45
45.95
191.4
46.35
42.55
50.10
42.25
187.6
25.45
21.90
37.80
33.70
175.3
35.15
33.50
59.85
41.50
150.6
r
192
194
197
188
79.25
73.65
112.95
100.55
862.8
r
93.60
r
p
96.45
P
88.45
p
145.75
p
119.05
p
39.30
37.40
37.85
35.00
126.0
41.70
37.90
37.05
35.05
130.6
88.20
98.80
88.60
r
857.6
808.3
p
48.80
p
41.10
p
37.25
p
33.10
"142.2
112.2
S-27
SURVEY OF CURRENT BUSINESS
August 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
1983
1982
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
METALS AND MANUFACTURES—Continued
MACHINERY AND
EQUIPMENT—Continued
Tractors used in construction, shipments, qtrly:
Tracklaying, total
units..
mil. $.,
Wheel (contractors' off-highway)
units.
mil. $.
Tractor shovel loaders (integral units only),
wheel and tracklaying types
units.
mil $.
Tractors, wheel, farm, nonfarm (ex. garden and
construction types), ship., qtrly
units.
mil. $.
2,196
243.2
685
60.6
1,897
r
230.8
714
67.2
r
951
r
82.1
r
405
r
7,432
299.0
5,403
248.6
5,057
173.2
21,613
r
657.3
16,874
r
534.6
r
15,789
1,569.9
4,309
410.9
8,278
895.1
2,443
222.2
33,369
1,605.5
24,128
1,022.3
141,170
3,479.3
93,775
2,748.7
thous.
53,598
54,214
3,629
4,750
5,819
5,660
Radio sets, production, total market
thous.
Television sets (incl. combination models),
production, total market
thous.
Household major appliances (electrical), factory
shipments (domestic and export) #
thous.
Air conditioners (room)
do...
Dishwashers
do...
Disposers (food waste)
do...
Ranges
do...
Refrigerators
do...
Freezers
do...
Washers
do...
Dryers (incl. gas)
do...
Vacuum cleaners (qtrly.)
do...
31,476
31,782
2
3,179
2,284
4,052
2
3,624
3,490
18,480
16,405
2
l,710
1,177
1,420
2
1,619
1,106
30,482
3,692
2,484
3,179
2,328
4,944
1,605
4,365
2,977
7,785
26,683
2,761
2,170
2,781
2,035
4,364
1,340
4,019
2,728
7,536
r
2,326
289
160
r
206
176
437
161
352
214
1,677
2,196
145
187
199
166
456
151
323
196
2,257
61
203
219
170
432
156
364
244
2,097
17
167
241
168
381
109
360
245
2,136
2,350
31
218
339
202
•401
80
347
261
85
123
248
78
96
230
96
99
225
126
133
232
140
113
260
r
r
3
784
3
3
234
3
69.3
16.0
334
16.8
30.7
r
20,606
r
683.4
14,567
r
539.0
3
6,626
3
3
8,673
3
3,730
2,789
3,509
3,720
4,032
2,266
2,636
2,638
1,282
1,313
1,938
1,517
2,672
306
196
280
197
505
141
322
206
221.9
314.5
ELECTRICAL EQUIPMENT
Batteries (auto.-type replacement), ship
3,640
5,237
3,221
5,280
3,708
3,070
2
2,364
2,159
2,137
2
1,229
1,151
1,298
2,117
71
206
260
195
310
80
319
251
1,892
84
178
238
175
262
73
252
193
1,812
2,179
89
213
264
190
363
103
364
260
2,158
130
197
294
183
336
97
353
251
2,744
309
248
309
232
403
117
420
283
2,082
2,507
259
214
313
200
361
111
352
236
2,597
300
259
249
252
463
112
416
282
2,897
265
276
r
298
248
520
136
r
399
264
1,799
127
114
236
138
126
257
129
108
274
120
112
274
119
134
288
112
127
301
101
129
259
107
154
265
r
230
2
635.9
r
333
30
634.2
331
28
625.2
341
66
410
38
605.1
2
GAS EQUIPMENT (RESIDENTIAL)
Furnaces, gravity and forced-air, shipments....thous.
Ranges, total, sales
do...
Water heaters (storage), automatic, sales @
do...
1,417
1,496
2,785
1,156
1,368
3,041
r
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
Exports
thous. sh. tons..
do....
Price, wholesale *
Index, 1967=100..
Bituminous:
Production t
thous. sh. tons..
Consumption, total
Electric power utilities
Industrial, total
Coke plants (oven and beehive)
Residential and commercial
do....
do....
do....
do....
do....
Stocks, end of period, total
Electric power utilities
Industrial, total
Oven-coke plants
do....
do....
do....
do....
Exports
do....
Price, wholesale
Index, 1967=100..
5,423
2,249
582.2
4,198
980
640.3
319
45
637.5
313
106
637.5
370
86
637.4
340
77
637.4
378
121
637.4
338
107
638.0
344
43
638.0
r
253
5
636.0
603.1
818,352 829,211 71,231 59,868 72,091 67,203 70,068 63,043 62,177 r61,850 r60,257 r68,128 60,005
r
r
r
r
r
r
r
r
728,543 703,561 55,735 63,532 63,242 56,491 54,764 56,529 59,881 62,872 54,353 55,153
62,445
595,575 592,591 47,330
55,140 54,742 48,348 46,248 47,699 50,814 53,279 45,699 46,965 43,497
127,527 104,372 r8,lll r7,902 r7,970 r7,634 r7,996 r8,135 r8,224
8,114
7,737
8,733
45,586
60,888
40,859
2,810
2,755
3,118
3,476
2,740
2,565
2,586
2,691
2,922
3,056
r
r
5,440
6,598
860
294
540
695
520
509
530
490
451
843
179,607 189,085 192,670 184,238 184,429 183,991 189,028 190,551 189,085 184,936 184,595 185,308
163,356 175,053 176,911 168,845 169,403 169,329 174,579 176,308 175,053 171,725 172,205 173,740 175,251 178,422
16,251
14,032 15,759 15,393 15,026 14,662 14,449 14,243 14,032 13,211 12,390 11,568
6,446
4,625
6,518
4,021
3,718
4,323
5,157
5,422
5,788
6,153
4,625
4,892
110,243 105,244 10,626
6,077 C6,877
4,465
9,850
7,293
9,071
4,376 r6,258
6,020
7,700
8,603
493.7
530.4
531.9
531.5
529.3
529.2
534.6
535.6
535.5
533.9
534.4
534.9
533.9
534.6
62,578
7,231
530.7
532.0
3,514
678.4
676.1
COKE
Production:
Beehive and oven (byproduct)
Petroleum coke §
Stocks, end of period:
Oven-coke plants, total
At furnace plants
At merchant plants
Petroleum coke X
thous. sh. tons..
do....
Exports
do....
do....
do....
do....
do....
42,786
28,486
28,115
29,908
7,507
2,429
6,724
6,320
403
900
1,251
8,190
7,858
331
1,344
1,109
7,871
7,489
382
1,091
175
37,684
803.5
40,287
733.4
3,888
718.2
4,654.2
69
4,442.6
70
388.1
75
5,922.5
5,608.2
466.2
3,128.6
605.5
3,156.7
585.1
268.4
48.7
267.6
49.0
261.0
47.3
1,352.4
514.0
-53.7
5,880.4
259.4
47.0
122.0
37.8
13.5
471.0
139.0
43.6
33.3
482.4
126.6
35.9
15.0
486.6
86.3
211.2
2.8
18.3
7.1
15.9
9.4
17.2
2,672
2,565
1,171
129
1,088
61
3,286
718.4
399.6
75
2,848
718.4
378.0
71
6,270
2,438
7,969
7,639
330
1,244
2,452
2,540
5,509
2,670
8,190
7,858
331
1,344
2,528
2,218
5,579
2,404
2,284
2,611
5,781
5,469
312
1,317
1,324
1,390
.72
3,462
678.0
3,028
678.4
3,186
678.4
344.7
66
349.9
69
373.9
72
1,407
66
1,379
51
4,090
720.0
2,381
719.7
2,899
692.9
368.8
70
354.1
308.0
65
260.9
49.9
266.5
52.0
267.7
53.4
242.5
45.9
269.0
49.0
260.6
46.3
269.2
48.0
122.8
49.6
22.8
473.5
100.7
42.0
-25.3
506.8
97.4
38.2
22.9
487.9
68.7
34.6
-20.9
437.8
75.1
37.4
-56.4
504.8
102.7
39.6
0.2
467.6
108.4
43.4
21.4
468.0
7.9
15.7
6.0
20.7
3.6
26.5
7.3
16.9
5.4
19.4
2.6
21.6
8.7
17.6
1,170
62
1,338
66
3,360
718.3
2,838
735.3
3,282
733.6
376.7
74
376.8
71
364.4
71
483.8
483.1
269.7
49.5
115.5
47.0
5.5
474.4
120.3
44.2
18.5
489.5
5.5
18.2
8.4
20.5
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
number..
Price, wholesale
Index, 1967=100..
Gross input to crude oil distillation
units
mil. bbl.
Refinery operating ratio
% of capacity..
All oils, supply, demand, and stocks: X
New supply, total
fl
mil. bbl..
Production:
Crude petroleum
do....
Natural gas plant liquids
do....
Imports:
Crude and unfinished oils
do....
Refined products
do....
Change in stocks, all oils (decrease,—)
do....
Demand, total
Exports:
Crude petroleum
Refined products
do....
1,654.2
534.2
63.4
6,078.1
do...!
do....
83.2
133.9
See footnotes at end of tables.
479.2
r
391.7
August 1983
SURVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
June
Annual
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Continued
All oils, supply, demand, and stocks $—Continued
Domestic product demand, total #
do...
Gasoline
do...
Kerosene
do...
5,861.1
2,415.6
46.3
5,582.9
2,396.1
47.0
449.9
206.1
2.5
459.4
211.4
3.0
460.0
206.1
2.4
450.7
196.9
3.2
460.6
198.8
4.4
450.3
197.6
4.2
480.1
203.6
5.8
457.7
185.8
5.6
413.6
169.4
4.3
480.0
212.8
3.9
443.4
195.8
3.9
441.8
203.5
2.9
1,032.5
762.0
367.7
974.9
626.5
369.6
73.5
45.0
29.7
63.8
48.1
31.1
68.8
47.4
30.4
75.2
44.1
31.0
80.0
46.2
29.8
74.2
47.7;
31.6
88.5
49.6
32.7
85.6
48.8
29.3
79.3
43.9
29.4
89.9
48.7
31.6
81.4
40.9
31.6
72.6
40.6
31.2
Distillate fuel oil
Residual fuel oil
Jet fuel
do..
do..
do-
Lubricants
Asphalt
Liquefied gases
do...
do...
do...
56.0
124.0
535.0
51.0
124.4
547.3
4.5
14.7
37.6
4.3
16.5
43.4
4.3
18.3
39.6
4.5
15.3
43.9
4.1
15.2
44.0
4.8
8.9
47.5
3.5
5.6
50.9
3.3
4
3.7
64.7
3.5
3.8
45.8
4.8
6.2
40.8
4.2
7.8
37.0
4.7
12.8
33.9
do...
do...
do...
do...
do...
1,483.6
593.8
230.3
177.3
712.5
1,429.9
643.6
293.8
158.1
628.3
1,360.2
608.3
264.1
174.0
577.9
1,393.5
612.8
267.2
176.4
604.2
1,408.5
626.5
273.6
173.3
608.7
1,414.0
618.6
277.9
173.9
621.5
1,432.4
635.6
284.6
167.2
629.7
1,455.2
647.5
290.0
165.4
642.3
1,429.9
643.6
293.8
158.1
628.3
1,452.8
661.5
300.6
165.6
625.7
1,431.9
672.2
306.1
165.9
593.8
1,375.4
670.4
311.8
166.1
539.0
1,375.7
683.6
317.7
166.4
525.7
1,397.1
681.4
326.8
164.6
551.1
mil. bbl.
do...
2,349.4
206.2
2,322.1
196.8
203.5
179.5
210.7
185.0
200.1
187.6
196.5
193.3
194.9
194.6
188.9
191.9
203.2
196.8
187.3
210.9
164.3
209.9
183.4
186.2
186.7
185.3
198.7
189.3
666.0
612.5
582.7
628.8
636.3
628.4
617.2
608.7
598.5
576.7
551.4
533.5
516.2
538.3
11.5
2.7
8.9
2.3
0.9
2.4
0.9
2.4
1.1
2.4
0.7
2.2
0.8
2.2
0.7
2.5
0.4
2.3
0.7
2.6
0.5
2.5
0.6
2.5
0.7
2.4
0.7
2.4
43.6
11.0
42.0
10.4
2.7
9.3
2.7
9.1
2.6
9.5
3.4
9.8
4.0
10.2
4.3
11.3
4.4
10.4
4.1
9.4
3.8
8.8
3.9
8.9
2.7
8.3
2.7
8.2
1,039.8
996.4
974.2
976.3
969.7
985.9
992.1
975.2
959.4
939.2
906.9
895.3
953.8
63.1
191.5
951.3
34.0
178.6
81.9
3.1
123.7
84.8
3.9
148.2
77.7
2.5
158.7
79.7
1.8
161.2
88.0
2.8
170.1
85.8
4.4
185.6
82.3
3.4
178.6
71.7
1.8
168.2
59.8
1.6
147.7
61.7
1.3
118.7
65.1
2.2
103.2
75.8
4.4
109.2
1,058.1
1,012.7
974.6
1,024.0
1,022.2
998.8
999.2
1,041.5
1,054.5
985.3
927.4
874.2
812.6
835.8
482.1
292.1
78.0
1,239.0
390.4
283.1
66.2
1,182.0
32.2
19.5
60.7
1,229.5
31.9
20.4
58.9
1,237.1
29.9
17.1
52.6
1,250.0
30.3
26.2
61.8
1,120.7
29.6
24.3
63.6
1,129.0
29.7
25.1
66.4
1,139.3
30.6
23.2
66.2
1,144.0
29.0
21.4
60.7
1,056.6
24.0
17.7
53.1
1,034.1
25.8
21.3
46.3
r
987.5
28.2
22.3
46.6
1,086.2
28.8
22.0
50.9
1,052.5
29.4
36.8
31.2
41.7
28.2
40.5
30.3
42.2
29.4
40.2
31.2
41.3
4.2
14.0
3.7
14.1
4.0
13.1
4.2
12.7
4.5
12.1
4
6.4
19.9
5.9
22.1
8.4
24.4
10.7
27.3
12.3
27.0
51.5
43.0
8.5
83.6
43.7
36.1
7.6
81.2
47.0
37.9
9.1
82.8
45.9
36.2
9.7
86.0
47.9
37.9
10.0
96.1
Stocks, end of period, total
Crude petroleum
Strategic petroleum reserve
Unfinished oils, natural gasoline, etc
Refined products
Refined petroleum products: $
Gasoline (incl. aviation):
Production
Stocks, end of period
Prices (excl. aviation):
Wholesale, regular
Index, 2/73=100.
Retail, regular grade (Lundberg/Platt's): fl
Leaded
$ per gal.
Unleaded *
do...
Aviation gasoline:
Production
mil. bbl.
Stocks, end of period
do...
Kerosene:
Production
do...
Stocks, end of period
do...
Price, wholesale (light distillate)
Index, 1967=100.
Distillate fuel oil:
Production
mil. bbl.
Imports
do...
Stocks, end of period
do...
Price, wholesale (middle distillate)
Index, 1967=100.
Residual fuel oil:
Production
mil. bbl.
Imports
do...
Stocks, end of period
do...
Price, wholesale
Index, 1967=100.
Jet fuel:
Production
Stocks, end of period
mil. bbl.
do...
353.2
41.1
357.0
36.8
27.9
39.9
30.0
39.8
30.5
40.7
29.3
39.6
30.4
40.8
30.5
40.6
Lubricants:
Production
Stocks, end of period
do..
do..
60.6
14.3
51.6
12.5
4.6
13.4
4.6
13.6
4.4
13.4
3.9
12.6
4.4
12.6
4.4
12.6
3.6
12.5
Asphalt:
Production
Stocks, end of period
do..
do-
123.5
19.6
119.4
15.9
12.5
25.3
13.1
22.0
13.4
17.3
12.4
14.5
13.7
13.1
9.7
14.1
75
15.9
Liquefied gases (incl. ethane and ethylene):
Production, total
At gas processing plants (L.P.G.)
At refineries (L.R.G.)
Stocks (at plants and refineries)
do..
do..
do..
do..
573.4
458.6
114.8
134.7
557.5
459.0
98.5
94.0
45.5
36.7
8.8
109.4
45.7
36.4
9.3
109.8
46.8
38.1
8.7
111.2
46.1
36.9
9.3
110.1
47.0
39.0
8.0
107.1
46.3
38.5
7.8
101.9
49.0
40.5
8.4
94.0
4
r
r
r
560.7
567.9
893.2
881.8
1,102.3
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks, end of period
thous. cords (128 cu.ft.)..
do....
do....
3
Waste paper:
Consumption
Stocks, end of period
thous. sh. tons..
do....
3
thous. sh. tons..
do....
do....
do....
do....
do....
3
78,929
79,725
6,250
3
13,083
1,081
(2)
(2)
(2)
(2)
(2)
WOODPULP
Production:
Total, all grades #
Dissolving and special alpha
Sulfate
Sulfite
Groundwood
Semichemical
Stocks, end of period:
Total all mills
Pulp mills
Paper and board mills
\onpaper mills
do
do... .
do....
do
Exports, all grades, total
Dissolving and special alpha
All other
do....
do....
do....
Imports, all grades, total
Dissolving and special alpha
All other
do....
do....
do....
See footnotes at end of tables.
53,413
1,356
38,669
1,795
5,703
3,754
(2)
(2)
(2)
(2)
(2)
(2)
1,081
540
486
54
(2)
(2)
(2)
(2)
3
3,678
784
2,894
3
3
3
3,395
631
2,763
3
3
3
3
4,086
201
3,885
3,894
162
3,732
302
55
247
261
32
229
279
60
219
298
52
246
237
50
186
247
55
192
285
51
234
234
59
174
271
30
240
332
58
274
346
78
267
312
40
272
324
50
274
287
12
275
289
6
283
350
17
333
541
8
533
303
18
285
375
18
357
264
8
256
309
23
286
265
9
257
338
20
318
301
11
289
378
23
355
357
12
345
SURVEY OF CURRENT BUSINESS
August 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
S-29
1982
June
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
June
July
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, unadjusted
thous. sh. tons..
Paper
do....
Paperboard
..
do
Wet-machine board
do....
Construction paper and board
do....
Producer price indexes:
Paperboard
Building paper and board
66,440
30,850
31,582
160
3,847
1967= 100..
do....
258.1
231.7
254.9
239.4
255.9
240.0
255.0
239 8
255.4
244 4
250.7
243.4
248.0
241.5
247.6
241.0
244.1
242.0
243.3
241.1
244.1
241.4
Selected types of paper (API):
Groundwood paper, uncoated:
Orders new
Orders, unfilled, end of period
Shipments
thous sh tons
do....
do
'1,449
100
'1 463
'1,469
91
'1 459
113
99
118
138
117
121
113
100
124
125
104
121
131
99
139
121
93
126
108
91
112
122
96
115
Coated paper:
Orders, new
Orders unfilled end of period
Shipments
do....
do
do....
'4,853
360
4,940
'4,998
325
5,032
432
306
431
399
312
400
443
307
443
407
285
433
446
282
447
415
308
433
412
325
398
Uncoated free sheet papers:
Orders new
Shipments
do
do....
'7,735
'8,234
'7,820
'8,187
645
670
610
628
674
705
640
684
684
716
656
695
Unbleached kraft packaging and industrial
converting papers:
Shipments
thous. sh. tons..
'3,880
'3,688
291
271
326
296
315
Tissue paper, production
do....
'4,518
'4,438
358
339
383
359
387
Mewsprint:
Canada:
Production
thous. metric tons..
Shipments from mills
do....
Stocks at mills, end of period
do....
8,946
8,915
194
8,117
8,074
250
652
610
399
617
614
402
642
598
446
557
601
403
do....
do
do....
4,753
4,735
38
4,574
4,525
86
383
381
89
363
351
101
372
363
110
Consumption by publishers
fl
do....
Stocks at and in transit to publishers, end of
period
thous. metric tons..
10,165
10,115
803
769
806
United States:
Production
Shipments from mills
Stocks at mills, end of period
Imports
thous. sh. tons..
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
Index, 1967=100..
Paper products:
Shipping containers, corrugated and solid fiber
shipments
mil. sq. ft. surf. area..
Folding paper boxes shipments
961
6,977
3
308.0
246,152
3
r
246.3
244.2
248.4
246.1
103
100
108
128
106
123
122
101
127
444
319
442
412
307
427
499
342
460
439
332
447
642
649
704
735
686
682
833
805
327
280
330
308
316
383
372
388
374
399
698
684
417
657
691
395
599
744
250
685
604
331
653
605
380
680
676
384
695
713
366
353
353
110
406
398
118
373
389
102
330
346
86
403
370
119
378
350
147
406
394
159
364
362
161
836
928
893
908
807
768
880
r
r
743
"759
248.9
249.3
r
128
102
129
129
109
126
r
510
383
468
518
432
463
743
•757
732
753
r
r
r
r
304
310
410
404
724
683
407
727
796
339
399
404
156
372
395
133
291
r
397
r
249.6
255 7
r
r
879
r
923
865
780
r
746
802
854
1,003
992
952
898
861
6,531
570
460
520
489
587
567
498
545
433
620
538
599
659
316.2
319.4
318.4
318.4
318.4
318.4
299.8
299.8
299.1
299.1
299.1
299.1
299.1
299.1
20,084
18,610
20,414
20,657
21,064
19,043
17,540
19,980
18,715
21,891
20,466
20,777
22,044
64.50
91 77
44.53
95 02
55.28
87 35
55.31
93 77
56.89
99 98
234,846
r
832
854
801
823
805
249.5
256.2
306.3
thous sh tons
mil. $..
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
Stocks, end of period
thous. metric tons..
do....
634.67
142.43
660.60
95.42
68.90
105 39
Imports, incl. latex and guayule ....thous. lg. tons..
662.41
Price, wholesale, smoked sheets (N.Y.).... $ per lb..
4
Synthetic rubber:
Production
Consumption
Stocks end of period
32.69
110 16
65.63
97 74
48.75
88 99
53.27
90 21
48.87
95 38
56.01
95 42
r
618.27
63.39
38.67
54.35
40.60
54.36
51.37
49.45
33.01
49.63
48.54
62.11
63.44
65.20
0.576
0.453
0.461
0.465
0.468
0.445
0.426
0.421
0.418
0.440
0.485
0.578
0.578
0.568
0.545
thous. metric tons..
do
do ..
2,021.45
1 889 71
1,831.78
1 744 83
156.83
154 52
139.71
135 82
145.47
150 45
147.89
158 14
154.37
131 00
122.37
136 82
116.51
136 06
155.16
131 70
153.86
140 22
170.06
158 19
160.46
146 32
171.13
146 25
349.02
269 66
352 92
342 84
326 64
304 27
318 80
294 56
269 66
280 97
284 76
283 54
283 84
294 28
thous. lg. tons..
334.63
284.62
25.23
20.40
22.04
22.83
21.13
20.47
18.86
20.24
18.61
24.44
24.91
31.66
Exports (Bu. of Census)
r
24.37
TIRES AND TUBES
Pneumatic casings, automotive:
Production
thous..
'181,762
'178,500
15,669
12,293
14,835
15,528
15,381
13,585
13,972
15,497
14,992
15,370
16,325
15,653
Shipments, total
Original equipment
Replacement equipment
Exports
do....
do....
do....
do....
201,105
41,711
153,716
5,678
201,236
38,633
158,688
3,915
19,428
4,074
15,018
336
16,421
3,038
13,199
264
17,700
2,817
14,625
258
18,938
3,022
15,583
333
17,851
2,919
14,605
327
15,325
2,652
12,337
336
14,521
3,518
10,606
397
14,102
2,458
11,263
381
15,038
3,701
11,031
306
18,034
4,232
13,353
499
17,782
4,143
13,185
454
18,907
4,286
14,202
419
Stocks end of period
do
40 863
39 955
43 475
40 763
40 192
38 685
38 116
38 436
39 955
43 839
45 483
50 287
51 921
42 395
Exports (Bu. of Census)
do....
11,088
5,971
653
381
454
385
489
377
474
308
352
424
392
436
306
[nner tubes, automotive:
Exports (Bu. of Census)
do....
3,428
1,924
178
195
162
201
192
162
113
174
72
157
134
138
193
See footnotes at end of tables.
0.583
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
Annual
August 1983
June
July
Aug.
Sept.
1983
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
17,660
25,367
28,383
33,569
39,415
287.0
1.9
16.3
445.7
2.2
27.1
451.8
3.4
29.7
532.6
1.4
35.6
o
(7)
(7)
(7)
July
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments finished cement
thous bbl
'382,692
'343,463
35,388
34,527
35,957
35,351
34,106
27,431
22,718
18,931
5,059.2
71.6
433.4
4,408.6
40.9
325.0
439.2
4.8
31.0
426.2
3.8
31.6
425.5
3.5
34.8
444.6
4.3
37.5
435.8
3.6
36.6
397.5
2.4
28.5
335.1
2.9
18.6
309.4
2.4
21.9
(7)
D
(7)
(7)
o
(7)
(7)
o
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil. standard brick..
Structural tile, except facing
thous. sh. tons..
Sewer pipe and fittings vitrified
do
Facing tile (hollow), glazed and unglazed
mil. brick equivalent..
Floor and wall tile and accessories, glazed and
unglazed
mi. sq. ft..
8
39.3
299.8
Price index, brick (common), f.o.b. plant or N.Y.
dock
1967—100
11.3
294.9
312.5
300.2
26.1
310.0
23.4
310.9
26.6
319.0
26.6
319.2
25.9
319.2
24.9
320.7
23.9
r
24.7
23.2
320.7
320.9
r
320.9
29.8
27.9
31.4
333.8
339.2
340.4
341.2
343.0
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments
Glass containers:
Production
thous. $..
thous. gross..
871,331 219,074
952,283
309,376
321,373
5
27,934
220,472
25,982
28,009
24,714
228,658
236,813
27,716
23,364
17,950
r
r
23,335
r
23,776
r
27,039
25,659
25,560
r
20,656
r
25,926
24,456
26,215
2,690
5,118
r
8,955
r
2,039
2,241
4,872
9,076
1,754
2,483
5,750
9,612
1,912
307,231
28,991
25,165
28,184
26,515
25,956
22,888
21,013
28,728
60,248
115,680
24,003
31,160
61,020
104,483
22,266
2,834
6,326
10,254
1,943
2,598
5,732
8,661
1,607
3,489
6,029
9,111
1,777
3,365
5,193
8,261
1,849
2,483
4,888
8,122
2,165
2,086
4,482
7,599
1,937
1,993
4,417
6,747
1,686
2,155
4,343
r
7,659
1,846
2,031
3,318
r
7,743
1,513
62,404
63,372
5,417
4,832
5,752
5,840
5,891
4,965
4,547
4,864
4,356
r
5,129
4,451
4,793
do....
do....
25,119
2,840
22,315
2,615
2,019
198
1,542
193
1,767
259
1,790
217
2,177
230
1,647
172
1,457
166
2,029
190
1,534
161
r
l,824
r
171
1,894
168
1,508
157
do....
46,683
45,634
49,982
50,532
50,244
52,988
49,467
48,718
45,634
45,801
49,092
50,022
51,269
50,702
Production:
Crude gypsum (exc. byproduct) .... thous. sh. tons..
Calcined
do....
11,497
11,687
10,863
10,967
949
965
912
923
1,009
945
966
971
1,044
1,036
898
945
895
923
925
986
857
911
905
1,110
1,053
1,131
1,033
1,087
Shipments, domestic, total i
Narrow-neck containers:
Food
Beverage
Beer
Liquor and wine
Wide-mouth containers:
Food and dairy products
do....
319,022
do....
do
do....
do....
thous. gross..
Narrow-neck and wide-mouth containers:
Medicinal and toilet
Chemical, household and industrial
Stocks, end of period
23,086
r
r
r
r
r
GYPSUM AND PRODUCTS @
[mports, crude gypsum
do....
7,593
6,718
772
469
728
733
724
625
742
401
454
513
636
698
Sales of gypsum products:
Uncalcined
do
4,904
'4,528
421
384
394
445
411
342
488
283
277
195
235
268
Calcined:
Industrial plasters
Building plasters:
Regular basecoat
All other (incl. Keene's cement)
Board products, total
Lath
Veneer base
Gypsum sheathing
Regular gypsum board
Type X gypsum board
Predecorated wallboard
5/16 mobile home board
37
31
37
32
36
do....
370
'430
38
34
37
do....
do
225
157
(6)6
264
16
8
16
7
15
8
mil. sq. ft..
do
do....
do
13,759
59
325
208
13,093
39
286
264
1,120
4
26
25
1,098
3
24
22
1,169
4
26
23
1,140
3
23
25
1,216
3
25
27
1,134
3
25
28
1,218
3
28
27
1,132
3
23
26
1,113
3
23
24
1,425
3
32
28
1,312
3
28
30
8
21
1,319
3
29
29
do....
do....
do....
do....
9,295
3,446
122
4
304
8,447
3,486
119
453
716
299
11
40
702
298
10
38
749
315
11
42
733
303
10
42
774
330
10
47
741
293
10
35
801
319
9
31
718
301
9
52
715
279
9
59
933
352
11
66
844
322
10
76
861
317
11
69
570
207
363
506
201
305
567
217
350
725
274
451
561
214
347
554
210
344
607
244
363
615
258
357
631
266
365
523
238
285
503
223
280
512
223
289
(6)8
23
40
(e)6
21
34
(6)6
21
31
(6)8
20
(6)8
21
(e)8
19
(6)6
22
(6)8
35
n
21
TEXTILE PRODUCTS
FABRIC
Woven fabric, finishing plants: *
Production (finished fabric)
Cotton
Manmade fiber and silk fabrics
mil. linear yd..
do....
do....
7,514
2,652
4,962
6,656
2,465
4,192
Inventories held at end of period
Cotton
Manmade fiber and silk fabrics
do....
do
do....
686
273
413
637
257
380
Backlog of finishing orders
Cotton
Manmade fiber and silk fabrics
do....
do
do....
3
3
3
3
r3
661
259
402
534
201
334
526
193
334
673
285
389
652
267
385
668
278
390
664
271
393
637
257
380
622
256
366
634
267
367
r
485
182
302
439
178
261
456
185
271
450
195
255
420
186
234
430
222
208
470
225
245
489
227
262
r
40
453
1,529
5,288
8,823
10,574
416
391
15,731
15,728
7,545
7,575
608
15,033
15,031
4,209
10,190
632
663
259
403
366
133
233
525
200
325
660
282
378
662
282
380
529
194
334
3
3
3
3
3
3
r3
r
r
COTTON
Cotton (excluding linters):
Production:
Ginnings
fl
thous. running bales..
Crop estimate
thous. net weight bales §..
Consumption
thous. running bales..
Stocks in the United States, total, end of period #
thous. running bales..
Domestic cotton, total
do....
On farms and in transit
do
Public storage and compresses
do....
Consuming establishments
do....
See footnotes at end of tables.
2
l5,150
15,646
2
2
11,526
12,010
5,409
4,938
13,777
13,776
3,752
9,268
756
14,232
14,227
2,433
11,101
695
460
317
386
3474
7,170
7,169
728
5,542
899
6,399
6,397
300
5,269
828
16,362
16,359
10,617
4,998
744
16,439
16,436
10,475
5,293
668
3
3
2
7,810
425
404
430
14,232
14,229
2,433
11,101
695
13,231
13,228
1,432
11,101
695
12,433
12,431
1,432
10,225
774
3
549
431
11,399
11,397
896
9,713
788
10,358
10,356
767
8,796
793
441
r
r
9,455
9,454
r
748
7,930
r
776
r
r
543
8,524
8,523
376
7,397
750
368
S-31
SURVEY OF CURRENT BUSINESS
August 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
1982
June
July
Aug.
Sept.
1983
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
TEXTILE PRODUCTS—Continued
COTTON AND MANUFACTURES—Cont.
Cotton (excluding linters)—Continued
Exports
thous. running bales..
Imports
thous. net-weight bales §..
Price (farm), American upland H
cents per lb..
Price, Strict Low Middling, Grade 41, staple 34
(1-1/16"), average 10 markets
cents per lb..
Spindle activity (cotton system spindles):
Active spindles, last working day, total
Consuming 100 percent cotton
Spindle hours operated, all fibers, total
Average per working day
Consuming 100 percent cotton
mil..
do....
bil..
do....
do...
83.0
498
4
58.1
396
1
59.9
342
2
52.8
351
10
55.5
293
1
59.8
382
3
59.9
g 377
438
1
56.0
^368
56.4
487
1
59.9
6
57.3
59.7
61.7
60.5
61.1
65.0
60.4
59.0
58.6
58.2
59.6
60.2
61.7
66.0
65.3
66.9
14.4
5.3
r
9.4
0.336
3.1
14.0
5.3
6.8
0.342
2.5
14.1
5.3
7.3
0.367
r
2.5
10.8
14.2
5.3
61.7
0.320
30.2
14.9
5.6
4
7.8
0.310
4
2.9
3,913
3,856
961
14.1
11.1
8.8
12.7
10.7
9.2
8.6
9.4
5.6
7.1
7.2
11.2
8.7
5.9
5.8
0.65
0.82
0.88
0.81
0.63
239.2
601.3
24.8
47.8
22.7
41.4
15.7
48.7
18.4
49.3
6,431.4
584.1
4,517.0
1,002.2
8,975.0
3,224.6
r
346.6
r
397.5
r
4,726.7
r
113.7
r
3,547.8
r
893.0
2,281.0
829.9
105.8
105.5
1,194.7
28.6
905.0
221.8
637.73
318.89
208.48
318.84
438.55
200.59
132.57
237.96
44.21
20.65
13.36
23.56
33.93
16.12
10.66
17.80
33.13
14.70
9.32
18.44
35.86
16.06
11.29
19.80
36.87
16.87
12.03
19.98
32.54
15.78
11.53
16.76
31.08
14.87
10.35
16.21
r
37.10
13.46
9.24
r
23.64
r
36.44
13.38
8.70
r
23.06
do...
do....
do
do...
do...
do
639.08
130.52
95.38
508.56
434.87
184.70
807.10
132.58
93.34
674.51
485.31
193.09
91.93
12.48
9.14
79.46
53.04
21.76
77.34
9.50
6.58
67.83
43.58
17.80
100.05
14.40
10.44
85.65
60.91
26.41
82.75
12.95
9.09
69.80
48.38
21.52
70.14
10.65
7.41
59.49
40.59
20.04
68.76
11.78
7.69
56.97
37.82
16.64
59.16
10.04
6.31
49.12
32.45
10.80
r
r
mil lb
do...
do
do...
127.8
10.9
2
75.3
26.1
105.0
9.8
61.4
21.4
9.4
0.8
6.6
2.6
5.9
0.6
4.0
1.7
8.0
1.0
4.2
2.0
8.3
1.2
4.7
1.8
7.1
0.7
2.9
1.4
1.1
0.8
3.6
1.3
2.40
3.21
2.40
3.04
2.40
2.94
2.40
2.87
2.76
2.69
MANMADE FIBERS AND MANUFACTURES
Fiber stocks, producers', end of period:
Acetate filament yarn
Rayon staple, including tow
Noncellulosic fiber, except textile glass:
Yarn and monofilaments
Staple, incl. tow
Textile glass
fiber
3
6,079
39
57.6
15.4
5.5
91.8
0.357
33.6
Cotton cloth:
Cotton broadwoven goods over 12" in width:
Production (qtrly )
mil sq yd
Orders, unfilled, end of period, compared with
avg. weekly production
no. weeks' prod..
Inventories, end of period, compared with
avg. weekly production
no. weeks' prod..
Ratio of stocks to unfilled orders (at cotton
mills), end of period
Exports, raw cotton equiv. thous.
net-weight §
480 lb bales
Imports, raw cotton equivalent
do....
Fiber production, qtrly:
Acetate filament yarn
Rayon staple, including tow
Noncellulosic, except textile glass:
Yarn and monofilaments
Staple, incl. tow
Textile glass
fiber
.
8,021
17
54.0
0.40
345.6
766.3
mil lb
do....
257.0
460.6
do
do....
do
3 792 8
4,191.1
1 041 1
mil. lb..
do....
14.3
31.1
do
do....
do....
337.0
329.8
146.2
Manmade fiber and silk broadwoven fabrics:
Production (qtrly.), total #
mil. sq. yd..
Filament yarn (100%) fabrics #
do....
Chiefly rayon and/or acetate fabrics
do....
Chiefly nylon fabrics
do....
Spun yarn (100%) fab., exc. blanketing #.. do....
Rayon and/or acetate fabrics, blends
do....
Polyester blends with cotton
do....
Acetate filament and spun yarn fabrics
do....
Manmade fiber gray goods, owned by weaving
mills:
Ratio, stocks to unfilled orders, end of period
Prices, manufacturer to mfr., f.o.b. mill:
50/50 polyester/carded cotton printcloth, gray,
48", 3 90 yds./lb., 78x54-56
$ per yd
Manmade fiber textile trade:
Exports, manmade fiber equivalent
mil. lbs..
Yarn tops thread cloth
do
Cloth, woven
do....
Manufactured prods., apparel, furnishings do....
Imports, manmade fiber equivalent
Yarn, tops, thread, cloth
Cloth woven
Manufactured prods., apparel, furnishings
Apparel, total
Knit apparel
11,228.7
3,850.9
r
r
14.7
5.5
5.4
0.268
2.0
14.6
5.4
6.3
0.314
2.4
14.5
5.3
4
7.7
0.307
4
2.8
r
g 831
612
r
61.1
56"5
70.7
70.3
5^3
£3
14.3
5.3
6.4
0.323
2.3
14.3
5.3
6.8
0.340
2.5
11.8
10.2
10.2
10.3
10.0
5.7
6.1
6.0
5.9
4.9
4.8
4.3
0.68
0.61
0.52
0.59
0.59
0.47
0.44
0.40
20.7
44.4
18.4
53.6
16.4
47.6
20.1
67.2
15.1
55.5
18.2
56.7
17.2
54.6
14.2
61.7
r
42.95
15.55
10.40
r
27.40
42.26
15.61
10.84
26.65
40.18
14.45
9.07
25.73
r
76.32
14.44
9.12
r
61.87
38.10
15.03
72.72
14.99
10.77
57.74
38.63
15.33
86.61
16.49
11.06
70.12
47.65
21.73
10.6
0.9
6.7
1.9
9.9
1.0
4.9
2.1
7^5
2.9
1.93
2.62
1.98
2.62
14.4
5.3
6.6
0.328
2.5
14.3
5.2
6.2
0.309
2.3
14.2
5.3
6.7
0.270
2.6
r
942
2.2
1,058
992
r
2,171.3
805 9
89.6
100.2
1,094.5
26.9
817 8
239.2
r
2,362.8
807.8
60.9
85 4
1,260.6
26.5
952.5
259.2
2,170.4
r
819 8
r
55.7
r
81.5
'1,111.2
r
27.7
r
815.7
r
206.7
79.54
13.20
8.84
r
66.34
45.12
17.11
71.80
10.92
r
7.14
r
60.88
39.57
15.87
9.4
0.6
3.7
1.2
8.8
0.8
6.0
2.2
9.6
1.0
6.2
2.0
4
2.67
'2.73
2.71
r
WOOL AND MANUFACTURES
Wool consumption, mill (clean basis):
Apparel class
Carpet class
Wool imports clean yield
Duty-free
Wool prices, raw, shorn, clean basis, delivered to
U.S. mills:
Domestic—Graded territory, 64's, staple 2-3/4"
and up
cents per lb.
Australian, 64's, Type 62, duty-paid
do....
Wool broadwoven goods, exc. felts:
Production (qtrly.)
mil. sq. yd..
FLOOR COVERINGS
2.78
3.16
2.99
115.9
4
4
4
V
12.8
1.2
5.0
1.5
r4
1.93
2.66
22 9
36.1
909.3
990.6
4
18 8
165.0
Women's, misses', juniors' apparel cuttings:
14,845
Coats
•
thous units
136 176
Dresses
do
Suits (incl. pant suits, jumpsuits)
do... • 13,605
91,025
Skirts
do...
30,322
Blouses
thous. dozen.
See footnotes at end of tables.
4
5
5
Carpet, rugs, carpeting (woven, tufted, other),
shipments, quarterly
mil. sq. yds.
APPAREL
4
226.7
r
241.6
r
225.7
237.1
r
1.93
2.66
r
2.19
2.60
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1983
1982
1982
Annual
August 1983
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
23,030
23,306
25,415
26,424
26,395
1,107.9
795.1 1,418.9
5,194
3,642 r7,007
457
1,006
508
791.0
3,854
397
June
July
TEXTILE PRODUCTS—Continued
APPAREL—Continued
Men's apparel cuttings:
Suits
thous units
Coats (separate), dress and sport
do....
Trousers (separate) dress
do
Slacks (jean cut), casual
do....
Shirts, dress and sport
thous. doz..
Hosiery, shipments
thous. doz. pairs..
14 686
17,880
175,445
38,112
304,826
288,704
23,888
29,632
22,725
24,466
27,540
22,561
20,969
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
mil. $.
do...
do...
do...
do...
72,852
39,102
70,633
69,944
33,039
80,407
48,584
77,773
73,953
41,381
18,302
10,657
17,680
18,113
9,317
17,572
10,579
16,919
18,869
11,456
24,454
16,332
23,767
20,252
11,868
Backlog of orders, end of period #
do...
U.S. Government
do...
Aircraft (complete) and parts
do...
Engines (aircraft) and parts
do...
Missiles, space vehicle systems, engines, propulsion units, and parts
mil. $.
Other related operations (conversions, modifications), products, services
mil. $.
92,640
43,262
44,555
13,173
99,094
50,465
45,946
13,551
96,189
46,878
46,114
13,334
94,892
46,001
44,138
13,912
99,094
50,465
45,946
13,551
11,047
10,934
10,693
10,374
10,934
11,314
14,485
13,220
13,619
Orders, new (net), qtrly, total @
U.S. Government
Prime contract
Sales (net), receipts, or billings, qtrly, total
U.S. Government
Aircraft (complete);
Shipments # #
Airframe weight # #
Exports, commercial i±
r
8,639.8
r
44,383
4,775
14,485
r
r
r
r
r
r
r
r
r
r
r
r
684.8
3,563
434
591.4
3,169
77
547.3
2,734
378
569.6
2,644
102
do...
thous. lb.
mil. $.
13,195.0
89,076
8,551
thous.
do...
6,225
5,749
5,049
4,696
561
523
439
405
356
334
429
406
431
406
407
382
do...
do...
do...
mil.
do...
do...
8,535
6,209
2,326
7,980
5,758
2,221
651
452
199
6
7.3
8
5.1
6
2.2
630
430
200
7.4
5.2
2.2
609
409
200
7.5
5.4
2.2
671
488
183
8.4
6.2
2.3
656
488
169
7.7
5.3
2.4
743
558
185
9.0
6.5
2.5
1,471
1,495
1,126
1,127
1,364
1,213
1,377
1,319
1,379
1,412
1,350
1,357
1,296
1,299
1,164
1,162
508.9
2,941
445
413.6
2,307
370
r
l,232.2
r
5,909
421
697.8
3,742
321
366
344
632
448
184
8.6
6.1
2.5
457
431
596
414
182
8.5
5.9
2.6
474
433
628
442
185
8.2
6.1
2.1
575
517
821
600
221
8.4
6.2
2.2
529
475
762
578
184
8.5
6.4
2.1
587
528
837
630
207
9.1
6.9
2.2
1,180
1,190
2.4
26.88
24.71
277.3
59.1
595
191
1,248
1,270
2.5
44.33
42.12
260.2
69.7
569
181
1,235
1,238
2.4
56.59
54.75
313.4
69.3
725
219
1,191
1,201
2.3
54.45
52.21
277.2
77.9
728
208
1,191
1,154
2.0
60.81
58.14
355.8
88.5
773
215
141
133
160
150
221
207
191
179
212
198
168.9
7
4.4
7
10.9
924
MOTOR VEHICLES (NEW)
Passenger cars:
Factory sales (from U.S. plants), total t t
Domestic t t
Retail sales, total, not seasonally adj t
Domestics §
Imports §
Total, seas, adjusted at annual rate t
Domestics §
Imports §
Retail inventories, end of period, domestics: § t
Not seasonally adjusted
thous.
Seasonally adjusted
do...
r
644
592
904
668
236
6
10.1
6
7.5
6
2.6
2
461
792
577
215
9.7
7.2
2.5
2.9
2.3
3.1
3.2
2.6
2.9
2.2
thous.
do...
do...
do...
538.12
470.86
2,998.6
563.9
374.30
334.05
3,067.0
702.5
38.66
35.72
275.5
83.3
34.29
32.27
261.9
44.1
21.18
18.39
263.0
47.7
26.30
23.70
217.4
61.0
27.39
23.71
253.6
56.8
do...
do...
8,444
2,432
7,754
2,293
717
206
626
203
627
214
625
200
27.42
23.48
262.8
49.5
655
195
678
181
1,126
1,127
2.2
22.42
19.60
232.7
50.2
765
220
Trucks and buses:
Factory sales (from U.S. plants), total @ @ ..thous.
Domestic (5 (g
do...
1,701
1,514
1,905
1,778
212
197
166
154
142
134
155
146
142
132
127
118
130
122
2,063.8
3
45.7
H38.3
155.3
4.1
11.7
162.2
3.9
10.1
140.4
3.4
10.4
193.8
3.9
10.1
149.7
3.5
9.6
199.4
3.6
10.0
179.2
3.8
12.5
7
160.4
3.8
183.6
3.5
11.9
210.8
3.6
10.1
214.6
4.2
9.8
206.4
3.9
10.4
225.3
4.2
11.0
3
539.5
124.43
569.0
13.81
615.2
9.37
704.9
7.79
665.5
6.62
636.2
10.31
566.4
9.80
537.9
9.04
7
495.7
<7.33
519.5
9.42
518.4
11.30
522.8
12.83
533.5
11.87
525.1
13.33
507.8
838.92
738.48
73.27
51.73
56.50
57.33
54.44
43.28
42.27
47.58
56.22
70.78
69.48
78.19
80.99
2,185
2,430
226
197
193
182
193
215
246
189
177
227
244
254
275
117,635
70,928
7,239
8,615
95,228
62,901
4,020
6,034
8,382
5,388
376
598
6,046
4,025
305
680
7,826
5,582
228
597
6,910
4,900
335
320
6,421
4,279
378
211
7,683
5,479
282
93
9,687
7,098
288
69
6,062
4,053
158
25
6,949
4,599
136
19
6,979
4,808
61
47
8,586
5,915
62
148
17,236
'15,515
'7,071
'6,321
4,295
4,095
1,339
1,244
586
586
8,500
7,820
1,369
1,369
179
179
7,187
6,507
1,060
992
373
373
6,829
6,217
967
913
583
583
5,895
5,337
890
650
884
134
5,283
4,710
610
525
249
249
4,866
4,378
765
477
231
231
4,295
4,095
494
440
501
501
4,301
4,155
447
411
299
297
4,153
4,041
444
334
207
207
3,916
3,914
205
205
615
614
4,326
4,323
376
376
797
797
4,747
4,744
338
338
150
150
4,559
4,556
1,039
8.7
84.87
81.68
1,083
8.0
87.71
81.02
1,077
8.1
87.47
81.19
1,069
7.9
86.94
81.35
1,059
8.3
86.24
81.44
1,053
8.4
85.86
81.54
1,047
8.6
85.43
81.60
1,039
8.7
84.87
81.68
1,035
8.8
84.77
81.93
1,033
8.9
84.72
81.98
1,031
9.2
84.55
82.01
1,028
9.5
84.44
82.18
1,026
10.0
84.18
82.03
1,024
10.0
84.01
82.05
Inventory-retail sales ratio, domestics § t
Exports (BuCensus), total
To Canada
Imports (BuCensus), complete units # #
From Canada, total
Registrations |i, total new vehicles
Imports, inch domestically sponsored
Retail sales, seasonally adjusted: t
Light-duty, up to 14,000 lbs. GVW
Medium-duty, 14,001-26,000 lbs. GVW
Heavy-duty, 26,001 lbs. and over GVW
do...
do...
do...
Retail inventories, end of period, seasonally
adjusted t
thous.
Exports (BuCensus)
do...
Imports (BuCensus), including separate chassis
and bodies
thous.
Registrations,11 new vehicles, excluding buses not
produced on truck chassis
thous.
Truck trailers and chassis, complete (excludes
detachables), shipments
number.
Vans
do...
Trailer bodies (detachable), sold separately
do...
Trailer chassis (detachable), sold separately
do...
5
1,746.6
5
73.9
5
151.7
c4
5
559.4
'l70.73
5
C
9
6
2.8
3
r
9,848
r
6,367
r
153
r
43
1,209
l,082
"1.7
51.92
50.30
325.5
85.8
869
244
r6
r
230
214
RAILROAD EQUIPMENT
Freight cars (new), for domestic use; all railroads
and private car lines (excludes rebuilt cars and
cars for export):
Shipments
number.
Equipment manufacturers
do...
New orders
do...
Equipment manufacturers
do...
Unfilled orders, end of period
do...
Equipment manufacturers
do...
'44,901
'41,435
'17,916
1
17,288
16,485
14,819
Freight cars (revenue), class 1 railroads (AAR): i
Number owned, end of period
thous.
Held for repairs, % of total owned
Capacity (carrying), total, end of mo
mil. tons.
Average per car
tons.
1,111
6.9
89.37
80.43
See footnotes at end of tables.
1
1,102
1,062
1.8
SURVEY OF CURRENT BUSINESS
FOOTNOTES FOR PAGES S-l THROUGH S-32
General Notes for all Pages:
August 1983
S-33
Rev scd.
p Pro liI mi nary,
c Fst mated.
c Corrected.
r
Page S-l
t
R e v i s e d s e r i e s . S e e T a b l e s 2 . 6 - 2 . 9 in t h e J u l y 1 9 8 3 S I R V J \ f o r r e v i s e d e s t i m a t e s b a c k t o
19X0.
S e e T a b l e s 2 . 6 - 2 . 9 in t h e J u l y 1 9 8 2 Si KVF > t o r r e v i s e d e s t i m a t e s t o r 1 9 7 7 - 7 9 . P r e - 1 9 7 7
estimates are available in The National Income and Product Accounts of the United States,
lQjy-76: Statistical Tables.
X Includes inventory valuation and capital consumption adjustments.
* New series. Detailed descriptions begin on p. 18 of the Nov. 1979 SIRVIY See note " t "
lor this page for information on historical data.
sj Monthly estimates equal the centered three-month average of personal saving as a percentage of the centered three-month moving average of disposable personal income.
Page S-2
Based on data not seasonally adjusted.
Includes data not shown separately.
X Revised series, for wholesale see note "£" tor p. S-8. for manufacturing see note " t "
for p. S-3. For retail see note " t " for p. S-8.
See note "+" for p. S-3,
See note "+" for p. S-8.
See note "X" for p. S-8.
Neew series. Data back to 1967 are available from the National Income and Wealth
ion Bureau o( Fconomic
Analysis
Division.
Economic Analysis.
Page S-3
Revised series. For wholesale see note " $ " for p. S-8. For manufacturing see note " t "
this page. For retail see note "+" for p. S-8.
Revised series. Data have been revised back to 1972. A detailed description of these
reviisions and historical data appear in the reports "Manufacturers' Shipments, Inventories,
and Orders" M3-I.10 (1972-1980) and M3-1.12 (1977-82). available from the Bureau of
the Census. Washington. D.C. 20233.
See note "+" for p. S-8.
See note '"X" for p. S-8.
New series. Data back to 1967 are available from the National Income and Wealth
Div ision. Bureau of Fconomic Analysis.
Includes data for items not shown separately.
Page S-4
I. Based on data not seasonally adjusted.
t See note " t " for p. S-3.
# Includes data for items not shown separately.
X Includes textile mill products, leather and products, paper and allied products, and
printing and publishing industries; unfilled orders for other nondurable goods industries are
zero.
•' for these industries (food and kindred products, tobacco, apparel and other textile products,
petroleum and coal, chemicals and allied products, and rubber and plastics products) sales
are considered equal to new orders.
Page S-5
1. Based on unadjusted data.
2. Beginning with data tor January 1983, the index is affected by a change in methodology
used to compute the homeownership component. For additional information regarding this
change see p. S-36 of the Feb. ! 9 8 3 S I R \ I V
t See note "+" for p. S-3.
(« Compiled by Dun & Bradstreet, Inc.
U Includes data for items not shown separately.
$ Ratio o\ prices received to prices paid (parity index).
f
Revisions, back to 1975 for some commodities, are available upon request.
X See note " $ " for p. S-4.
Page S-6
1. See note 2 for p. S-5.
2. Index no longer available from the source, BFS; see also p. S-36 of the Feb. 1983
SCRVI v.
$ For actual producer prices of individual commodities see respective commodities in the
Industry section beginning p. S-19. All data subject to revision four months after original
publication.
+ Revised series. Stage-of-processing producer price indexes have been revised back to
1976 to reflect updated industry input-output relationships and improved classification of
some products.
ji Includes data for items not shown separately.
+ Fffective Feb. 1983 SiRvt v, data have been revised back to 1978 to reflect updated
seasonal factors. Fffective Feb. 1982 Si RVI Y. data have been revised back to 1977 to reflect
updated seasonal factors. These revisions are available upon request.
(a Fffective with the Feb. 1983 Si RVI-Y. the percent change and indexes as shown here
have been revised back to 1967 except for the transportation group and services which were
revised back to 1978. These revisions as well as those for indexes not shown here are available
from the Bureau of f.abor Statistics, U.S. Department o\' labor, Washington, D.C. 20212.
Page S-7
1. Computed from cumulative valuation total.
2. Index as of Aug. I. 1983: building, 359.4: construction, 384.7. Revised index as of Jan.
1, 1982: building. 323.3: construction. 344.9.
# Includes data for items not shown separately.
$ Data for July, Sept.,Dec. 1982. and Mar. and June 1983 are for five weeks: other months
four weeks.
Page S-8
1. Advance Fstimate.
# Home mortgage rates (conventional first mortgages) are under money and interest rates
on p. S-l4.
sj Data include guaranteed direct loans sold.
X Fffective April 1983 SI'RVI-Y. wholesale trade data have been revised for Jan. 1973-Dec.
1982. Revised data are available upon request.
t Fffective April 1983 SIRVI Y. retail trade data have been revised for 1978-1983. Revised
data and a summary of the changes are available from the Census Bureau, Washington, D.C.
20233.
# Includes data for items not shown separately.
Page S-9
1. Advance estimate.
2. Fffective Jan. 1979 data, sales of mail-order houses are included with department store
sales.
3. As of July 1.
# Includes data for items not shown separately.
X Revisions for Jan. 1977-Oct. 1979 appear in "Current Population Reports," Series P-25,
No. 870, Bureau of the Census.
• Fffective with the January 1983 SWRVI-Y. the seasonally adjusted labor force series have
been revised back to January 1978. Revised monthly series appear in the January 1983 issue
of Employment and Earnings. Fffective with the February 1982 SIRYTY, the labor force
series have been revised back to 1970 to reflect the 1980 Census of Population. Seasonal
adjustment factors were revised accordingly. Revised monthly series appear in the February
1982 issue of Employment and Earnings. Revised annual series will appear in the March
1982 issue of Employment and Earnings, U.S. Department of Fabor, Bureau of Fabor Statistics.
* New series. The participation rate is the percent of the civilian noninstitutional population in the civilian labor force. The employment-population ratio is employment as a percent
of the total noninstitutional population, 16 years and over.
t See note " t " for p. S-8.
PageS-10
1. This series has been discontinued.
$ These unemployment rates are for civilian workers only. The unemployment rate for all
workers, including the resident armed forces, was 9.3 in July 1983.
t Effective June 1983 SIRVI Y. data have been revised back to April 1981 (not seasonally
adjusted) and January 1978 (seasonally adjusted) based on the March 1982 benchmark levels
and updated seasonal adjustment factors. See "BLS Establishment Estimates Revised to
March 1982 Benchmarks," in the June 1983 issue of Employment and Earnings. Effective
June 1982 Si RVI Y. data have been revised back to 1977 based on March 1981 benchmark
levels and updated seasonal adjustment factors. See "BLS Establishment Estimates Revised
to March 1981 Benchmarks," in the June 1982 issue of Employment and Earnings. Effective
July 1981 Si RVI Y. data have been revised back to 1974 to reflect new benchmarks and new
seasonal adjustment factors. See "BLS Establishment Estimates Revised to March 1980
Benchmarks," in the July 1981 issue of Employment and Earnings.
* See note "•'" for p. S-9.
Page S-l 1
t See note " t " on p. S-10.
X This series is not seasonally adjusted because the seasonal component is small relative to
the trend-cycle and/or irregular components and consequently cannot be separated with
sufficient precision.
f
Production and nonsupervisory workers.
Page S-l2
1. This series is not seasonally adjusted because the seasonal component is small relative
to the trend-cycle and/or irregular components and consequently cannot be separated with
sufficient precision. Use the corresponding unadjusted series.
2. This series has been discontinued.
t See corresponding note on p. S-10.
* Production and nonsupervisory workers.
X Earnings in 1977 dollars reflect changes in purchasing power since 1977 by dividing by
Consumer Price Index.
$ Wages as of Aug. 1, 1983: Common, $15.44; Skilled. $20.24.
SURVEY OF CURRENT BUSINESS
S-34
August 1983
PageS-13
PageS-16
1. Average for Dec.
2. Reported annual; monthly revisions are not available.
3. Effective December 1, 1982, there was a break in the series. The key changes involved
additions to the reporting panel and the exclusion of broker or dealer placed borrowings
under any master note agreements. Previous statistics do not reflect these changes.
% Effective April 1982 SURVEY, the series for work stoppages involving six or more workers
have been discontinued and have been replaced by series for work stoppages involving 1,000
or more workers.
§ Includes data for items not shown separately.
§ For demand deposits, the term "adjusted" denotes demand deposits other than domestic commercial bank and U.S. Government, less cash items in process of collection; for
loans, exclusive of loans to and Federal funds transactions with domestic commercial banks
and include valuation reserves (individual loan items are shown gross; i.e. before deduction
of valuation reserves).
* New series. Beginning Dec. 1978, data are for all investment account securities; comparable data for earlier periods are not available.
(a Insured unemployment (all programs) data include claims filed under extended duration provisions of regular State laws; amounts paid under these programs are excluded from
state benefits paid data.
(g,(a Insured unemployment as a percent of average covered employment in a 12-month
period.
1. Beginning Jan. 1981 data, U.S. Virgin Islands trade with foreign countries is included.
§ Number of issues represents number currently used; the change in number does not
affect the continuity of the series.
X For bonds due or callable in 10 years or more.
§ Includes data for items not shown separately.
fe Data may not equal the sum of the geographic regions, or commodity groups and
principal commodities, because of revisions to the totals not reflected in the component
PageS-14
1. Data are for fiscal years ending Sept. 30 and include revisions not distributed to the
months.
2. Average for the year.
3. Daily average.
4. Beginning Jan. 1981, data are for top-rated only. Prior data cover a range of top-rated
and regional dealer closing rates. See also note 3 for this page.
5. Beginning Oct. 1981, data represent the total surplus or deficit (budget surplus or deficit plus
off-budget surplus or deficit). See also note 1.
6. Interest rate charged as of Aug. 1, 1983 was 10.30.
# Includes data for items not shown separately.
§ The Department of Health, Education, and Welfare was redesignated as the Department of Health and Human Services by the Department of Education Organization Act.
r
Adjusted to exclude domestic commercial interbank loans and Federal funds sold to
domestic commercial banks.
X Rates on the commercial paper placed for firms whose bond rating is Aa or the equivalent. Data through Oct. 1979 show a maturity for 120-179 days. Beginning Nov. 1979, maturity is for 180 days.
(a Data through Oct. 1979 show a maturity for 150-179 days. Beginning Nov. 1979, maturity is for 180 days.
XX Courtesy of Metals Week.
(a,% Average effective rate
PageS-15
1. Beginning 1983, the reporting Frequency has been changed from a monthly to a quarterly
basis.
t Effective Feb. 1983 SURVHY. the money stock measures and components have been revised
back to 1959. Effective April 1980 SURVEY, the monetary aggregates were redefined by the
Federal Reserve. The redefinition was prompted by the emergence in recent years of new
monetary assets—for example, negotiable order of withdrawal (NOW) accounts and money
market mutual fund shares—and alterations in the basic character of established monetary
assets—for example, the growing similarity of and substitution between the deposits of thrift
institutions and those of commercial banks. Monthly data from 1959 to date are available
from the Banking Section of the Division of Research and Statistics at the Federal Reserve
Board, Washington, D.C. 20551.
X Composition of the money stock measures is as follows:
Ml.—This measure is currency plus demand deposits at commercial banks and interest-earning
checkable deposits at all depositary institutions—namely NOW accounts, automatic transfer
from savings (ATS) accounts, and credit union share draft balances—as well as a small
amount of demand deposits at thrift institutions that cannot, using present data sources, be
separated from interest-earning checkable deposits.
M2.—This measure adds to M 1 overnight repurchase agreements (RP's) issued by commercial banks and certain overnight Eurodollars (those issued by Caribbean branches of
member banks) held by U.S. nonbank residents, money market mutual fund shares, and
savings and small-denomination time deposits (those issued in denominations of less than
$100,000) at all depositary institutions. Depositary institutions are commercial banks (including
U.S. agencies and branches of foreign banks. Edge Act corporations, and foreign investment
companies), mutual savings banks, savings and loan associations, and credit unions.
MS.—This measure equals M2 plus large-denomination time deposits (those issued in denominations of $100,000 or more) at all depositary institutions (including negotiable CD's) plus
term RP's issued by commercial banks and savings and loan associations.
L.—This broad measure of liquid assets equals M3 plus other liquid assets consisting of
other Eurodollar holdings of U.S. nonbank residents, bankers acceptances, commercial paper,
savings bonds, and marketable liquid Treasury obligations.
XX Includes ATS and NOW balances at all institutions, credit union share draft balances,
and demand deposits at mutual savings banks.
* Overnight (and continuing contract) RP's are those issued by commercial banks to the
nonbank public, and overnight Eurodollars are those issued by Caribbean branches of member
banks to U.S. nonbank customers.
(a Small time deposits are those issued in amounts of less than $100,000. Large time
deposits are those issued in amounts of $100,000 or more and are net of the holdings of
domestic banks, thrift institutions, the U.S. Government, money market mutual funds, and
foreign banks and official institutions.
# Includes data for items not shown separately.
ij Number of issues represents number currently used; the change in number does not
affect the continuity of the series.
(a(a Annual data for 1978-82 and monthly data for 1982 have been revised to exclude
private placements. Monthly revisions for 1978-81 are not available.
PageS-17
1. See note 1 for p. S-16.
2. Beginning Jan. 1982 data, the Customs value is being substituted for the f.a.s. value.
§ Includes data not shown separately.
§ Data may not equal the sum of geographic regions, or commodity groups and principal
commodities, because of revisions to the totals not reflected in the components.
PageS-18
1. See note 1 for p. S-16.
2. Annual total; quarterly or monthly revisions are not available.
3. Before extraordinary and prior period items.
4. For month shown.
5. Domestic trunk operations only (averaging about 90 percent of domestic total).
6. See note 2 for p. S-17.
§ Includes data for items not shown separately.
§ Total revenues, expenses, and income for all groups of carriers also reflect nonscheduled
service.
X Beginning Jan. 1977, defined as those having operating revenues of $50 million or more.
^1 Average daily rent per room occupied, not scheduled rates.
% Effective January 1, 1980, contract carriers are not included because the data filed by
these carriers were substantially reduced in scope, in accordance with the ICC revised reporting
regulations.
## Data represent entries to a national park for recreational use of the park, its services,
conveniences, and/or facilities.
PageS-19
1. Reported annual total; monthly revisions are not available.
2. Less than 500 short tons.
3. Beginning Jan. 1981, data represent gross weight (formerly phosphoric acid content
weight) and are not comparable with data shown for earlier periods.
4. A portion of data is being withheld to avoid disclosing information for individual
companies; not comparable with other published data.
5. A portion of data is being suppressed because of not meeting publication standards.
For nitrogen solutions, prior to May 1983, see also note 4 for this page.
6. Includes those amounts being withheld from the monthly data.
§ Includes data for items not shown separately.
§ Data are reported on the basis of 100 percent content of the specified material unless
otherwise indicated.
X Revisions, back to 1977 for some commodities, are available upon request.
f
; Data for Jan. 1977-June 1979 exclude potassium magnesium sulfate; not strictly comparable with data shown for other periods.
Page S-20
1. Reported annual total; monthly or quarterly revisions are not available.
2. Reported annual total, including Hawaii; monthly data are preliminary and subject to
change.
3. Beginning 1982, the reporting frequency has been changed from a monthly to a quarterly
basis. For 1982, see also note 1 for this page. Revised quarterly data for 1979 through 1981
are available upon request.
4. Annual total includes data for Hawaii; not distributed to the months.
5. Effective with Jan. 1983, data are not directly comparable with those shown for earlier
periods. They are based on a new sample of approximately 150 establishments, which was
selected using the 1981 annual survey "Paints and Allied Products" panel as a universe
frame.
§ Data are not wholly comparable from year to year because of changes from one classification to another.
X Revisions back to 1977 are available upon request.
PageS-21
1. Based on quotations for fewer than 12 months.
2. Crop estimate for the year.
3. Stocks as of June 1.
4. Stocks as of June 1 and represents previous year's crop; new crop not reported until
June (beginning of new crop year).
5. Previous year's crop; new crop not reported until Oct. (beginning of new crop year).
6. See note "(&•(&" for this page.
7. Data are no longer available.
8. See note 2 for p. S-22.
9. Effective with this reporting, data are reported on a monthly basis.
10. Data for Apr.-Dec. 1982 are not available.
11. Aug. 1 estimate of the 1983 crop.
§ Excludes pearl barley.
# Bags of 100 lbs.
f
Revised crop estimates back to 1975 are available upon request.
(a Revisions, back to 1977, for some commodities, are available upon request.
X Revisions back to 1975 are available upon request.
<g(s Data are quarterly except for June (covering Apr. and May) and Sept. (covering
June-Sept.).
PageS-22
1. Based on quotations for fewer than 12 months.
2. Effective with this reporting, data are for 3-month intervals.
3. Data are no longer available.
4. See note 9 for p. S-21.
5. Aug. 1 estimate of the 1983 crop.
§ Cases of 30 dozen.
«' Bags of 132.276 lbs.
X Revisions for Jan.-July 1979 (back to 1975 for grindings of wheat) are available upon
request.
(o Revisions back to 1977 are available upon request.
§ Effective Apr. 1981 SURVF Y. the wholesale price of smoked hams has been discontinued
and has been replaced with the comparable price index. Annual indexes prior to 1979 and
monthly indexes prior to Eeb. 1980 are available upon request.
Page S-23
1.
2.
3.
4.
$
X
*
§
S-35
SURVEY OF CURRENT BUSINESS
August 1983
Crop estimate for the year.
Average for seven months; price not available for July, Aug., and Oct.-Dec.
Annual total; monthly revisions are not available.
Data are no longer available.
Monthly data reflect cumulative revisions for prior periods.
Revisions back to 1975 are available upon request.
New series. Source: Bureau of L ^ o r Statistics.
Totals include data for items not shown separately.
Page S-24
1. Annual data; monthly revisions not available.
2. Less than 500 short tons.
PageS-25
1. Annual data; monthly revisions are not available.
2. Eor month shown.
3. Effective Jan. 1981, data are revised back to Jan. 1980. Inventory data formerly calculated by the Bureau of the Census are now based on the Steel Service Center Institute monthly
Business Conditions report.
• Prices are mid-month, include taxes, and represent full service; comparable prices prior
to Jan. 1979 are not available.
# Includes data for items not shown separately.
* New series. See note "<'" for this page.
X Except for price data, see note " $ " for p. S-27.
Page S-29
1. Reported annual total; revisions not distributed to the months.
2. Effective Jan. 1980, data are no longer available.
3. Average for 1 1 months; no price for Aug. 1980 or June 1981.
4. Average for 11 months; no price available for Nov. 1980 or for Oct. 1981.
5. Monthly data will be discontinued as of April 1982 SURVHY. due to budgetary limitations. The related annual report, MA26A, will continue to be published.
* Source: American Paper Institute. Total U.S. estimated consumption by all newspaper
users.
§ Monthly data are averages of the 4-week periods ending on the Saturday nearest the end
of the month; annual data are as of Dec. 31.
X Data are monthly or annual totals. Formerly weekly averages were shown.
Page S-30
1. Reported annual total; revisions not allocated to the months.
2. Crop for the year.
3. Data cover five weeks; other months, four weeks.
4. Data are not available prior to Jan. 1980.
5. See note " t " for this page.
6. Monthly and annual data for regular basecoat plasters are not available: sales of "all
other" represents total sales of building plasters. See also note 1 for this page.
7. Data withheld to avoid disclosing operations of individual companies.
8. Represents total shipments for Jan.-May 1982. See also note 7 for this page.
* New series. Data for finishing mills have replaced data for weaving mills, which are no
longer available.
§ Includes data for items not shown separately.
f
Cumulative ginnings to the end of month indicated.
§ Bales of 480 lbs.
X Beginning Jan. 1982, shipments include those for direct export; such shipments for 1981
were 2,165 thous. gross.
(a Annual totals are based on advance summaries and reflect revisions not distributed to
the months.
Page S-26
1. Annual data; monthly revisions are not available.
2. Less than 50 tons.
3. Data shown in the April and May 1983 issues of the SURVHY were incorrect.
H Includes secondary smelters' lead stocks in refinery shapes and in copper-base scrap.
(a All data (except annual production figures) reflect GSA remelted zinc and zinc purchased for direct shipment.
X Source for monthly data: American Bureau of Metal Statistics. Source for annual data:
Bureau of Mines.
§ Includes data not shown separately.
t Effective July 1980 SURVI Y. data are revised and shown on a new base. The sample size
has been restored to 100 firms and the base has been changed to 1977= 100. The revised series
are not comparable to previously published data.
* New series. These indexes are based on shipments of hydraulic and pneumatic products
reported by participating members of the National Fluid Power Association. Data back to
1959 are available upon request.
Page S-27
1. Total stocks for bituminous coal and lignite exclude residential and commercial stocks
and are not comparable with data prior to Jan. 1980.
2. Data are for five weeks; other months 4 weeks.
3. For month shown.
§ Includes data for items not shown separately.
(g Beginning July 1977, data are representive of those manufacturers reporting and are
not an average of the total industry; they are not directly comparable with earlier data.
* New series. Annual data prior to 1978 and monthly data prior to April 1979 are available upon request.
§ Includes nonmarketable catalyst coke.
V Includes small amounts of "other hydrocarbons and alcohol new supply (field production)," not shown separately.
t Revisions back to Jan. 1978 are available upon request.
X Effective with 1981 petroleum data, the Energy Information Agency has changed some
definitions and concepts to reflect recent developments in refining and blending practices.
These changes include adding a category for gasohol production to motor gasoline production and accounting more precisely for distillate and residual fuel oil processed further after
initial distillation. A description of these changes appears in the May 1981 issue of Monthly
Energy Review, U.S. Department of Energy, Energy Information Administration.
Page S-28
1. Simple averages of prices are no longer available.
2. See note 5 for p. S-29.
3. Reported annual totals; revisions not allocated to the months.
4. Effective with Jan. 1983, data include road oil. Total road oil data for 1982 were (thous.
bbl.): 591, domestic demand; 610, production; 47, stocks.
PageS-31
1. Effective Jan. 1, 1978, includes reexports, formerly excluded.
2. Annual total includes revisions not distributed to the months.
3. Average for crop year; Aug. 1-Jul. 31.
4. For five weeks; other months four weeks.
5. Monthly average.
6. Less than 500 bales.
if Bales of 480 lbs.
f;
Based on480-lb. bales, preliminary price reflects sales as of the 15th; revised price reflects
total quantity purchased and dollars paid for the entire month (revised price includes discounts and premiums).
# Includes data not shown separately.
Page S-32
1. Annual total includes revisions not distributed to the months.
2. Figure represents production; not factory sales.
3. Effective Jan. 1982 (for retail sales) and Aug. 1982 (for retail stocks), U.S.-built MercedesBenz trucks are included; comparable data for earlier periods are not available. See also note 5 for
this page.
4. Monthly data for 1980 as published in earlier issues of the SURVHY, exclude exports for
off-highway trucks; not strictly comparable with data shown for other periods. Such exports
have since been included in the monthly data and are available upon request.
5. Based on unadjusted data.
6. See note " t " for this page.
7. See last sentence of note " t " for this page.
§ Total includes backlog for nonrelated products and services and basic research.
§ Domestics comprise all cars assembled in the U.S. and cars assembled in Canada and
imported to the U.S. under the provisions of the Automotive Products Trade Act of 1965.
Imports comprise all other cars.
•' Courtesy of R.L. Polk & Co.; republication prohibited. Because data for some states
are not available, month-to-month comparisons are not strictly valid.
X Excludes railroad-owned private refrigerator cars and private line cars.
t Revisions, affecting some commodities back to 1967 and for those periods mentioned
below, are available upon request. Passenger cars (seas, adj.}: Effective July 1983 SURVHY.
data have been revised back to Jan. 1980. Effective July 1982 SURVHY. data have been revised
back to Jan. 1977. Trucks and buses (seas, adj.}: Effective Feb. 1983 SURVHY, data have been
revised back to Jan. 1980.
(a In the 1979 BUSINESS STATISTICS, 4th Qtr. 1977 should read "13,946" mil. $.
XX In the 1979 BUSINESS STATISTICS, annual data for 1977 should read "2,604.8"
mil. $.
## Revisions back to 1977 are available upon request.
t t Includes Volkswagens produced in the U.S.
Qi(Q Includes passenger vans.
INDISPENSABLE
Economic Information
from the Bureau of Economic Analysis
SURVEY OF
CURRENT BUSINESS
BUSINESS
CONDITIONS DIGEST
The journal of record and
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government publication, in the
opinion of many analysts."
(March 21, 1977)
Published monthly.
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INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S36
SECTIONS
General:
Business indicators
1-5
Commodity prices
5, 6
Construction and real estate
7, 8
Domestic trade
8, 9
Labor force, employment, and earnings........... 9-13
Finance
13-16
Foreign trade of the United States
16-18
Transportation and communication
18,19
Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco
Leather and products
19, 20
20
20-23
23
Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products
23, 24
24-27
27, 28
28, 29
Rubber and rubber products
Stone, clay, and glass products
Textile products
Transportation equipment
29
30
30-32
32
Footnotes
33-35
I N D I V I D U A L SERIES
Advertising
8,12
Aerospace vehicles
32
Agricultural loans
13
Air carrier operations
18
Air conditioners (room)
27
Aircraft and parts
4, 32
Alcohol, denatured and ethyl
19
Alcoholic beverages
8, 20
Aluminum
25
Apparel
2, 4-6, 8-12
Asphalt
28
Automobiles, etc
2-4, 6, 8, 9,14, 15,17, 32
Banking
13,14
Barley
21
Battery shipments
27
Beef and veal
22
Beverages
8,17, 20
Blast furnaces, steel mills
3-5
Bonds, issued, prices, sales, yields
15-16
Brass and bronze
26
Brick
,
30
Building and construction materials
2, 4, 5
Building costs
7
Building permits
7
Business incorporation (new), failures
5
Business sales and inventories
2, 3
Butter
21
Cattle and calves
22
Cement
30
Chain-store sales, firms with 11 or more
stores
9
Cheese
21
Chemicals
2-4,10-12,15,17,19, 20
Cigarettes and cigars
23
Clay products
2-4, 30
Clothing (see apparel)
Coal
2, 27
Cocoa
22
Coffee
22
Coke
27
Combustion, atmosphere, heating equipment
26
Communication
15,19
Confectionery, sales
22
Construction:
Contracts
7
Costs
7
Employment, unemployment, hours,
earnings
10-12
Highways and streets
7
Housing starts
7
New construction put in place
7
Consumer credit
14
Consumer goods output, index
1, 2
Consumer Price Index
5, 6
Copper and copper products
25, 26
Corn
21
Cost of living (see Consumer Price Index)
5, 6
Cotton, raw and manufactures
5, 30, 31
Credit, commercial bank, consumer
14
Crops
5, 21, 23, 30
Crude oil
3, 27
Currency in circulation
15
Dairy products
5, 21
Debt, U.S. Government
14
Deflator, PCE
1
Department stores, sales, inventories
9
Deposits, bank
13,15
3f
Dishwashers
Disposition of personal income
Distilled spirits
Dividend payments
Drugstores, sales
Earnings, weekly and hourly
Eating and drinking places
Eggs and poultry
Electric power
Electrical machinery and equipment
27
1
20
1, 15
8, 9
12
8, 9
5, 22
2, 20
2-5,
10-12,15, 27
Employee-hours, aggregate, and indexes
11
Employment
10,11
Explosives
20
Exports (see also individual commodities)
16,17
Failures, industrial and commercial
5
Farm prices
5, 6
Farm wages
12
Fats and oils
17
Federal Government finance
14
Federal Reserve banks, large commercial
13
Federal Reserve member banks
13
Fertilizers
19
Fish
22
Flooring, hardwood
24
Flour, wheat
22
Food products
2-6, 8,10-12,15,17, 20-23
Foeign trade (see also individual commod.)
16-18
Freight cars (equipment)
32
Fruits and vegetables
5
Fuel oil
5, 28
Fuels
2, 6,17, 27, 28
Furnaces
27
Furniture
2, 6, 8-12
Gas, output, prices, sales, revenues
2, 6, 20
Gasoline
28
Glass and products
30
Glycerin
19
Gold
14
Grains and products
5, 6, 21, 22
Grocery stores
9
Gypsum and products
30
Hardware stores
8
Heating equipment
26
Help-wanted advertising index
12
Hides and skins
6
Highways and streets
7
Hogs
22
Home Loan banks, outstanding advances
8
Home mortgages
8
Hotels and motor-hotels
18
Hours, average weekly..
11
Housefurnishings
2, 4, 5, 8, 9
Household appliances, radios, and television sets
27
Housing starts and permits
7
Imports (see also individual commodities)
Income, personal
Income and employment tax receipts
Industrial production indexes:
By industry
By market grouping
Installment credit
Instruments and related products
Interest and money rates
Inventories, manufacturers' and trade
Inventory-sales ratios
Iron and steel
...
17, 18
2
14
1, 2
1, 2
14
2-4,10-12
14
3, 4, 9
3
2,15, 24, 25
Labor advertising index
14
Labor force
9,10
Lamb and mutton
22
Lead
26
Leather and products
2, 6,10-12, 23
Livestock
5, 22
Loans, real estate, agricultural, bank (see
also Consumer credit)
8,13
Lubricants
28
Lumber and products
2, 6,10-12, 23, 24
Machine tools
26
Machinery
2-6,10-12, 15,17, 26, 27
Manufacturers' sales (or shipments), inventories,
orders
3-5
Manufacturing employment, unemployment,
production workers, hours, earnings
10-12
Manufacturing production indexes
1, 2
Meat animals and meats
5, 22
Medical care
6
Metals
2-6,10-12,15, 24-26
Milk
21
Mining'and'mi#nerai's!....r/
Monetary statistics
15
Money and interest rates
14
Money supply
15
Mortgage applications, loans, rates
8,13,14
Motor carriers
18
Motor vehicles
2-4, 6, 8, 9, 15, 17, 32
National parks, visits
18
Newsprint....
.
29
New York Stock Exchange, selected data
16
Nonferrous metals
2, 4, 5,15, 25, 26
Oats
21
Oils and fats
...
17
Orders, new and unfilled, manufacturers'...........
4, 5
Outlays, U.S. Government
14
...
,.„
20
Paint and paint materials
..............
2-4,
Paper and products and pulp..
6,10-12,15, 28, 29
Parity ratio
....... .............
5
Passenger cars
2-4, 6, 8, 9,15,17, 32
Passports issued
18
Personal consumption expenditures
1
Personal income
1
Personal outlays
1
Petroleum and products
2-4,
10-12, 15, 17, 27, 28
Pig iron
24
Plastics and resin materials
20
Population
Pork
Z'Z'..""»"Z... 22
Poultry and eggs
,
5,22
Price deflator, implicit (PCE)
1
Prices (see also individual commodities)
5, 6
Printing and publishing
... 2, 10-12
Private sector employment, hours, earnings.....
10-12
Producer Price Indexes
6
Profits, corporate...,
15
Public utilities
1, 2, 7, 15,16, 20
Pulp and pulpwood
28
Purchasing power of the dollar
6
Radio and television...
Railroads
13,16,18, 32
27
Rayon and acetate
31
Real estate
8,13
Receipts, U.S. Government...
,
14
Refrigerators
27
Registrations (new vehicles) .
,
32
Rent (housing)
,
6
Retail trade
2, 3, 5, 8-12, 14, 32
Rice
,
21
Rubber and products (incl. plastics).
2-4,
6,10-12, 29
Saving, personal
1
Savings and loan assoc., new mortgage loans.
8
Savings deposits
13
Securities issued
15
Security markets
15,16
Services
6,10-12
Sheep and lambs
,
22
23
Shoes and other footwear
,
14
Silver
31
Spindle activity, cotton
25
Steel (raw) and steel manufactures ......
24
Steel scrap
15
Stock market customer financing
16
Stock prices, yields, sales, etc
Stone, d a y , glass products
2-4,10-12,15, 30
Sugar
23
Sulfur
19
Sulfuric acid
19
Tea imports
Telephone and telegraph carriers
Television and radio
2-4,
Textiles and products
23
19
27
10-12, 15, 30, 31
26
l. i n ••••«••••••••••••••••••••••••••••••••••••<
29
Tires and inner tubes
2-4, 10-12, 23
Tobacco and manufactures....
Tractors
27
Trade (retail and wholesale).
2, 3, 5, 8-12, 32
Transit lines, urban
18
Transportation
... 6, 10-12, 15, 16, 18
Transportation equipment
2-6,10-12, 15, 17, 32
Travel
,
18
Truck trailers
32
Trucks (industrial and other)
26, 27, 32
Unemployment and insurance
9,10,13
U.S. Government bonds
16
U.S. Government finance
14
Utilities
2, 6, 7,15,16, 20
Vacuum cleaners
27
Variety stores
9
Vegetables and fruits
5
Veterans' unemployment insurance
13
Wages and salaries
,
1,12
Washers and dryers
27
Water heaters
27
Wheat and wheat flour.
21, 22
Wholesale trade
2, 3, 5, 8,10-12
Wood pulp
28
Wool and wool manufactures ....
31
Zinc
UNITED STATES
GOVERNMENT PRINTING OFFICE
@FedFRASER