Full text of Survey of Current Business : August 1994
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
AUGUST 1994 VOLUME 74 NUMBER U.S DEPARTMENT Of COMMERCE '.**> ECONOMICS AND STATISTICS ADMINISTRATION v '-:--^-~-----^4-r^ AUGUST 1994 VOLUME 74 NUMBER 8 SURVEY o CURRENT BUSINESS SURVEY OF CURRENT BUSINESS. Published monthly by the Bureau of Economic Analysis of the U.S. Department of Commerce. Editorial correspondence should be addressed to the Editorin-Chief, SURVEY OF CURRENT BUSINESS, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Subscriptions to the SURVEY OF CURRENT BUSINESS are maintained, and their prices set, by the Government Printing Office, an agency of the U.S. Congress. Send correspondence on circulation and subscription matters (including address changes) to: Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. U.S. Department of Commerce Ronald H. Brown, Secretary V Economics and Statistics Administration Everett M. E&rlicfa, Under Secretary for Economic Affairs U.S, MP/WIMENI OF COMMEI BUREAU OF ECONOMIC Bureau of Economic Analysis Carol S. Carson, Director J. Steven LmdeMdt DeputyDirector Make checks payable to the Superintendent of Documents. Subscription and single-copy prices: Second-class mai I: $34.00 domestic, $42.50 foreign. First-class mail: $71.00. Single copy. $9.00 domestic, $11.25 foreign. Second-class postage paid at Washington, DC and at additional mailing offices. (USPS 337-790). The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of the public business required by law of this Department. Editor-in-Chief Managing Editor Douglas R. Fox Leland L. Scott 7 < ^ Publication Staffi W. Ronnie Foster, M, Gretchen Gibson* Ernestine T, Gladden, Eric B, Manning : THIS XSSUB of the SURVEY went to the^ I It incorporates data from the following monthly BEA news releases: .'.-. Gross Domestic Product (Aug. 26)* ; ; - " Personallncome and Outlays (Aug.39), ap4 ; :; Composite Indexes of Leading, Coincident, and Lagging Indicators (A&g; 31), August 1994 SURVEY OF CURRENT BUSINESS TABLE OF CONTENTS J\egular features 1 Business Situation Real GDP increased 3.8 percent in the second quarter 0/1994 after increasing3.3 percent in the first quarter. Corporate profits increased $39.1 billion, a sharp turnaround from the first quarter, when profits were reduced as a result of the Northridge, California, earthquake. The Federal deficit decreased $31.2 billion, to $145.0 billion, the smallest deficit in over 3 years; the State and local government surplus increased $0.5 billion, to $25.7 billion. 64 State Personal Income, Revised Estimates for 1991-93 The annual estimates of State personal income for 1991-93 have been revised to incorporate last month's NIPA revision and to incorporate newly available Statelevel source data. For the most part, the revisions were relatively small, but they were substantial in some regions and States for some years. Among the regions, personal income in the Far West was revised up substantially for 1991-92, and personal income in New England and the Southeast was revised down substantially for 1993. 80 Gross State Product, 1977-91 The estimates of gross state product (GSP) have been updated for 1977-91 to incorporate new source data and methodology. During the subperiod 1987-91, w States had annual growth in real GSP that was at least i percentage point above the U.S. average of 1.8 percent; Nevada had the fastest growth, at 7.4 percent. Seven States had annual growth in real GSP that was at least i percentage point below the U.S. average; of these, Michigan was the only State with negative growth, at -0.4 percent. l\eports and statistical presentations 11 National Income and Product Accounts 11 Selected NIPA Tables 30 NIPA Charts 32 48 Quantity and Price Indexes, 1988-94 Reconciliation and Other Special Tables — Continued on next page — II SURVEY OF CURRENT BUSINESS 49 Selected Monthly Estimates 51 Relationship Between Personal Income and Adjusted Gross Income, 1991-92 54 Fixed Reproducible Tangible Wealth in the United States: Revised Estimates for 1991-93 and Summary Estimates for 1925-93 98 Foreign Direct Investment in the United States: Detail for Historical-Cost Position and Related Capital and Income Flows, 1993 127 U.S. Direct Investment Abroad: Detail for Historical-Cost Position and Related Capital and Income Flows, 1993 C-1 Business Cycle Indicators C-l C-6 C-7 Data tables Footnotes for pages C-1 through C-5 Charts August 1994 SURVEY OF CURRENT BUSINESS August 1994 THE BUSINESS SITUATION The first two sections of this article were prepared by Daniel Larkins, Ralph W. Morris, and Deborah Y. SierY. The section on the government sector was prepared by Pamela A. Kelly and Michael W. Webb. (T\ EAL GROSS domestic product (GDP) in.ly^creased 3.8 percent in the second quarter of 1994, according to the "preliminary" estimates of the national income and product accounts (NIPA'S).* The "advance" estimates of the NIPA'S, reported in the July "Business Situation," showed a 37-percent increase. Real gross domestic purchases, a measure of goods and services purchased by U.S. residents, increased 4.4 percent, the same as the advance estimate. The fixedweighted price index for gross domestic purchases increased 3.3 percent, o.i percentage point more than the advance estimate. (The sources of these revisions are discussed in "Revisions" later in this article.) The 3.8-percent increase in real GDP in the second quarter followed a 3.3-percent increase in the first (chart i). Output of goods other than motor vehicles accelerated, and structures turned up; in contrast, motor vehicles turned down sharply, and services slowed (table i). The 44-percent increase in real gross domestic purchases followed an increase of 5.0 percent (table 2). More than half of the secondquarter increase reflected a jump in inventory investment, as businesses added $56.3 billion to i. Quarterly estimates in the national income and product accounts are expressed at seasonally adjusted annual rates, and quarterly changes are differences between these rates. Quarter-to-quarter percent changes are annualized. Real, or constant-dollar, estimates are expressed in 1987 dollars and are based on 1987 weights. Alternatively weighted measures of real GDP and prices are discussed on page 7 of this article. Table 1.—Real Gross Domestic Product, by Major Type of Product [Seasonally adjusted at annual rates] Percent change from preceding quarter Billions of 1987 dollars Change from preceding quarter 1993 Level 1993 1994:11 Gross domestic product ... 5,310.2 I II 34.0 78.6 43.1 49.1 2.7 57.3 22.2 35.1 33.3 18.0 15.3 31.9 -12.7 1.6 -17.8 3.9 -9.8 18.1 Services 2,632.7 17.6 476.9 III IV 2,200.7 222.9 1,977.8 Structures ....... ... 1994 III Goods Motor vehicles Other 8.3 8.1 1994 5.1 16.2 14.6 -4.8 44.6 6.9 10.4 2.7 7.4 II I IV 6.3 11.5 53.8 7.7 .8 15.0 3.3 3.8 6.4 6.0 -19.9 9.6 37.4 3.2 2.3 -4.0 1.1 9.2 NOTE.—Most series are found in NIPA table 1.4. Output of motor vehicles is the sum of auto output and truck output (from tables 8.4 and 8.6, respectively). inventories—more than at any time since the fourth quarter of 1987. Final sales to domestic purchasers slowed to a 2.0-percent increase from a 3.9-percent increase. Personal consumption ex- Real Product: Change from Preceding Quarter Biffion1987$ 100 GROSS DOMESTIC PRODUCT 80 60 40 20 0 -40 60 PERSONAL CONSUMPTION EXPENDITURES 40 20 0 -20 .42,9.... 40 20 0 -20 -40 FIXED INVESTMENT 40 20 0 -20 40 CHANGE IN BUSINESS INVENTORIES 40 20 0 -20 -40 NET EXPORTS 40 20 0 -20 GOVERNMENT PURCHASES 1991 1992 1993 1994 Based on Seasonally Adjusted Annual Rates Bureauof Economiclnslysis SURVEY OF CURRENT BUSINESS 2 • August 1994 penditures slowed sharply, and fixed investment (both residential and nonresidential) slowed a little. Government purchases decreased much less than in the first quarter. Exports and imports are the link between goods and services produced in the United States (GDP) and goods and services purchased by U.S. residents (gross domestic purchases). In the second quarter, exports turned up, and imports accelerated. ter increasing 4.7 percent in the first (table 3). The slowdown may reflect decelerations in real disposable personal income in the first two quarters of 1994; after increasing 4.3 percent in the fourth quarter of 1993, income slowed to a 34-percent increase in the first quarter of 1994 and to a 2.j-percent increase in the second (chart 2). Two other factors associated with changes in consumer spending were more positive. The Index of Consumer Sentiment (prepared by the University of Michigan's Survey Research Center) had jumped to its highest level in 5 years in the first quarter; in the second quarter, it remained high. Personal consumption expenditures Real personal consumption expenditures increased 1.4 percent in the second quarter af- Table 2.—Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers [Seasonally adjusted at annual rates] Percent change from preceding quarter Billions of 1987 dollars Level 1994:11 Gross domestic product Less1 Exports of goods and services Plus: Imports of goods and services Equals'. Gross domestic purchases Less1 Change in business inventories Equals: Final sales to domestic purchasers Personal consumption expenditures Nonresidential fixed investment Residential investment Government purchases Change from preceding quarter 1993 III 1993 1994 IV III I II 5,310.2 34.0 78.6 43.1 49.1 642.7 755.6 -4.9 12.0 29.9 25.8 -5.6 16.2 23.1 32.0 5,423,1 51.1 74.4 64.9 58.0 56.3 -5.9 -2.2 14.6 30.9 5,366,7 57.0 76.6 50.3 27.0 3,558.6 657.9 234.0 916.3 33.0 16.9 34.0 29.3 13.5 40.1 16.4 12.3 14.3 4.7 2.5 -.3 2.7 6.3 3.8 3.3 7.4 21.7 16.0 9.5 15.8 18.9 4.0 5.8 5.0 4.4 4.5 6.0 3.9 2.0 4.7 1.4 9.2 7.3 -3.2 4.0 3.9 12.2 9.4 1.1 -3.6 II I IV 4.1 5.4 -11.6 1994 21.1 28.2 -.1 -3.5 10.9 10.0 -4.9 -1.6 NOTE—Dollar levels are found in NIPA tables 1.2 and 1.6, and percent changes are found in table 8.1. Table 3.—Real Personal Consumption Expenditures [Seasonally adjusted at annual rates] Billions of 1987 dollars Level Percent change from preceding quarter Change from preceding quarter 1994 1993 Personal consumption expenditures Durable goods Motor vehicles and parts . New autos New trucks Other Furniture and household equipment Other 3,558.6 523.3 206.6 84.1 45.7 76.8 232.3 84.4 Nondurable goods Food Clothing1 and shoes Enerav Other 1,103.9 536.3 205.0 Services Housing Household2 operation Energy Other household operation Transportation Medical care Other 1,931.3 500.0 229.0 100.4 128.6 131.7 477.5 593.2 1. Gasoline and oil, and fuel oil and coal. 2. Electricity and gas. 97.6 265.0 33.0 9.0 -.1 -.1 -1.7 1.7 6.7 2.4 7.4 2.8 2.5 2.2 .1 16.6 2.2 4.6 3.6 1.0 .8 3.3 5.7 II I IV III 34.0 18.1 9.7 7.2 5.1 -2.6 8.0 .4 II IV III 1994:11 1994 1993 40.1 10.9 9.0 -1.6 1.0 9.6 1.3 .5 6.3 3.0 3.8 -.9 .4 10.3 9.6 1.7 -.5 -.3 g 1.4 2.8 4.2 18.9 3.8 1.4 .7 4.3 2.3 1.8 1.5 .5 1.1 2.8 11.0 12.3 1.6 -7.1 -1.5 -2.0 -3.6 3.9 7.7 -.2 -.5 -14.8 9.8 6.4 2.4 13.4 12.8 5.6 4.4 1.2 2.8 2.2 5.2 9.3 .2 -1.9 1.9 5.0 2.3 .3 -.7 .9 .8 4.3 -2.7 3.6 1.8 8.5 15.8 3.2 2.5 2.9 4.0 4.0 4.7 1.4 8.8 1.2 -12.6 15.5 21.4 41.2 58.8 18.8 -7.1 -13.4 66.3 -15.7 -16.7 15.6 2.3 2.5 11.8 12.2 2.0 2.4 2.3 7.9 -3.6 .6 2.0 1.4 -.9 -1.2 -.9 4.4 2.4 2.9 8.8 -6.8 3.8 2.9 2.8 2.9 6.8 2.1 3.4 2.4 74 2.9 4.0 1.9 3.2 6.2 1.6 3.4 2.4 7.7 1.0 1.9 .5 27 2.8 2.5 3.7 -1.8 NOTE.—Dollar levels are found in NIPA table 2.3. New auto and truck purchases are found in tables 8.4 and 8.6, respectively. Percent changes in major aggregates are found in table 8.1. SURVEY OF CURRENT BUSINESS August 1994 The unemployment rate dropped from 6.6 percent in the first quarter to 6.2 percent in the second. Expenditures for durable goods slowed to a 1.2-percent increase after increasing 8.8 percent. The slowdown was more than accounted for by motor vehicles and parts, which decreased after increasing. Net purchases of used autos dropped after increasing sharply; purchases of trucks also turned down. In contrast, furniture and household equipment increased more than in the first quarter; almost two-thirds of the stepup was accounted for by "other durable house furnishings," which includes such items as floor coverings and lamps. Expenditures for nondurable goods slowed to a 2.1-percent increase after increasing 3.8 percent. The slowdown reflected a downturn in fuel oil and coal and a slowdown in "other" nondurables. Expenditures for services slowed to a i.opercent increase after increasing 4.0 percent. Most of the slowdown was accounted for by "other" services—most notably brokerage services and net foreign travel by U.S. residents. Selected Factors Affecting Consumer Spending Percent change 15 REAL DISPOSABLE PERSONAL INCOME1 10 5 0 -5 -10 Percent 10 I UNEMPLOYMENT RATE2 Index 110 CONSUMER SENTIMENT3 100 90 80 Nonresidential fixed investment 70 60 Real nonresidential fixed investment increased 9.2 percent in the second quarter after increasing 10.9 percent in the first (table 4). Structures turned up sharply, but producers' durable equipment slowed. 1901 1992 199$ 1994 1. Disposable personal income in 1987 dollars: seasonally adjusted annual rates. 2, All civilian workers, seasonally adjusted, Data: US, Department of labor, Bureau of tabor Statistics 3,Dala:UnjveTSifyofMohi5an'sSureeY Research Center. U.S. Department of Commence, Bureau of Economic Analysts Table 4.—Real Gross Private Domestic Fixed Investment [Seasonally adjusted at annual rates] Percent change from preceding quarter Billions of 1987 dollars Change from preceding quarter 1994 1993 Level 1993 1994 III 1994:11 Gross private domestic fixed investment Nonresidential II 21.5 42.9 21.7 18.5 11.4 23.0 10.6 8.7 657.9 16.9 29.3 16.4 14.3 12.2 21.1 10.9 9.2 3.3 9.0 0 -21.0 -18.5 -11.8 -13.0 19.6 26.5 27.5 35.1 42.1 27.2 19.8 29.0 29.8 23.4 14.9 18.6 15.0 16.3 13.5 14.1 37.9 53.8 150.7 105.2 Producers' durable equipment Information processing and related equipment Computers and peripheral equipment Other Industrial equipment Transportation and related equipment Motor vehicles Other Other 507.3 242.0 130.2 111.9 28.8 9.7 6.8 88.9 92.6 84.8 7.8 .2 2.0 -.2 -.7 -1.0 28.2 16.3 10.3 3.9 2.4 6.0 3.7 5.6 5.0 .6 2.7 -5.1 -.7 -4.4 1.3 234.0 127.7 4.7 1.7 .7 2.3 11.2 95.0 1.2 2.2 0 -.6 -.4 16.6 18.1 14.2 83.7 NOTE.—Dollar levels are found in NIF'A table 5.5. Motor vehicles are found in tables 8.4 (autos) and 8.6 (trucks). Percent changes in major aggregates are found in table 8.1. I 891.9 Structures Nonresidential buildings, including farm Utilities . Mining exploration, shafts, and wells Other Residential Single-family structures Multifamily structures Other IV II I IV III 13.5 8.1 -.2 5.5 -4.6 -3.5 -.1 -.7 20.9 8.0 4.7 3.3 2.8 7.6 9.0 .5 8.4 6.6 6.0 .4 .1 -.1 -22.8 -37.6 7.9 8.8 3.0 5.9 2.5 16.2 43.7 71.8 17.9 13.0 -5.9 -3.4 -2.5 -2.8 -20.7 -3.7 2.4 2.4 -73.7 7.1 5.4 6.8 .3 4.1 2.6 1.2 .1 34.1 10.8 -1.4 -1.5 9.4 6.4 28.2 32.8 -7.8 26.5 -1.4 -11.6 -32.1 5.8 4.2 -5.7 6.5 16.0 9.8 24.2 12.1 -39.9 -21.9 -14.6 -67.1 12.7 12.3 10.0 25.1 13.0 -6.1 7.3 8.6 57.4 .4 SURVEY OF CURRENT BUSINESS August 1994 Factors that affect investment spending, like those that affect consumer spending, were mixed in the second quarter. On the one hand, borrowing costs increased and sales slowed: The yield on new high-grade corporate bonds increased 73 basis points, and real final sales of domestic product increased only 1.4 percent, its smallest increase in five quarters. On the other hand, pressure on capacity continued to mount, and profitability improved: The capacity utilization rate in manufacturing increased 0.4 percentage point, to 82.9 percent, following two quarterly increases of a percentage point or more; corporate profits rebounded from a first-quarter drop associated with the Northridge, California, earthquake; and cash flow increased. Structures increased 19.6 percent—the largest percentage increase in 10 years—after dropping 11.8 percent. Most of the upturn was accounted for by industrial and commercial buildings. Industrial buildings increased for the fifth time in six quarters. Commercial buildings posted a strong increase for the second time in three quarters. Producers' durable equipment slowed to a 6.5percent increase after increasing 18.6 percent. Transportation equipment more than accounted for the slowdown, as purchases of both autos and trucks turned down, and purchases of aircraft decreased more than in the first quarter. Information processing equipment increased a little more than in the first quarter, despite a small slowdown in computer purchases. Housing Starts Residential investment Real residential investment increased 7.3 percent in the second quarter after increasing 10.0 percent in the first. Single-family construction (which accounts for more than half of all residential investment) decelerated, multifamily construction accelerated, and "other" residential investment changed little after decreasing. Single-family construction increased 8.6 percent after increasing 25.1 percent. Single-family construction for a quarter can usually be approximated by housing starts in that quarter and in the preceding quarter; accordingly, construction in the second quarter of 1994 would reflect housing starts in the first two quarters of 1994. However, in these two quarters, housing starts averaged 1.18 million units (seasonally adjusted annual rate)— down from an average of 1.23 million units for the fourth quarter of 1993 and the first quarter of 1994 (chart 3). The seeming anomaly of a decrease in average starts and an increase in single-family construction can be explained by an increase in the "quality" (that is, the size, location, and amenities) of the units. Such an increase in quality is reflected in the NIPA estimate of single-family construction but not in the average number of starts. Multifamily construction—which is the smallest of the three components of residential investment and accounts for less than 5 percent of the total—increased 57.4 percent after increasing 13.0 percent. The increases occurred despite a rental Selected Interest Rates Millions of unris Percent 12 2.0 10 Mortgage Commitments 3-Month Treasury Bills 1991 1992 1993 1994 Seasonally Adjusted at Annual Rates Data: Bureau of the Census US, Department of Commerce, Bureau of Economic Analysis 1991 1992 1993 Data; Federal Reserve Board US, Department of Commerce, Bureau of Economic Analysis 1994 SURVEY OF CURRENT BUSINESS August 1994 • 5 accounted for by furniture and appliance stores and by building material and hardware stores; retail auto inventories decreased after increasing. Most of the increase in inventories of nondurables was accounted for by apparel and department stores. Manufacturing inventories increased less than in the first quarter. Inventories of nondurable goods decreased after increasing; the decrease was accounted for by chemicals and petroleum. Inventories of durable goods increased about the same as in the first quarter. "Other" nonfarm inventories increased a little less than in the first quarter.3 Since the second quarter of 1993, this component has increased, on average, $9.9 billion; in 1990-92, in contrast, it decreased, on average, $2.1 billion. Farm inventories increased $4.6 billion after increasing $3.3 billion. Inventories of crops increased more than in the first quarter; inventories of livestock decreased after a slight increase. The constant-dollar ratio of nonfarm inventories to all final sales of domestic businesses moved up to 2.49 in the second quarter from 2.46 in the first. A different ratio, in which final sales are limited to goods and structures, shows much the same picture; it moved up to 4.29 from 4.25. Despite these increases, both ratios remained low by historical standards. vacancy rate that remained high (7.4 percent in the second quarter). "Other" residential investment increased 0.4 percent after decreasing 6.1 percent.2 The upturn was more than accounted for by brokers' commissions. Sales of new and existing single-family residences increased 24,000 units after decreasing 277,000 units (seasonally adjusted annual rates); the upturn occurred despite a jump in the mortgage interest rate of more than 100 basis points (chart 4). Inventory investment Real inventory investment—that is, the change in business inventories—increased $30.9 billion in the second quarter after increasing $14.6 billion in the first. The second-quarter increase reflected a sharp step-up in nonfarm inventory accumulation (table 5). Nonfarm inventories increased $51.8 billion after increasing $22.1 billion; the second-quarter increase was the largest since the fourth quarter of 1987. The step-up was attributable to upturns in wholesale trade inventories and in retail trade inventories other than those held by auto dealers. Within wholesale trade, inventories of durable goods increased considerably more than in the first quarter; about half the second-quarter increase was in inventories of motor vehicles and parts and of electrical goods. Inventories of nondurable goods decreased less than in the first quarter. Within retail trade, accumulation of durable goods stepped up, and inventories of nondurable goods increased after decreasing. The secondquarter increase in inventories of durables was Net exports of goods and services Real exports increased 15.8 percent in the second quarter after decreasing 3.5 percent in the first. Real imports increased 18.9 percent—twice as fast as in the first quarter (table 6). 3. "Other" nonfarm inventories consists mainly of inventories held by mining, construction, public utilities, transportation, communication, and service industries. 2. "Other" residential investment includes improvements (major replacements and additions and alterations), sales of new mobile homes, brokers' commissions on house sales, and residential equipment. Table 5.—Change in Real Business inventories [Billions of 1987 dollars; seasonally adjusted at annual rates] Change from preceding quarter Level 1993 II Change in business inventories 18,9 13.0 Farm -3.9 -7.9 Nonfarm Manufacturing Wholesale trade Retail trade Auto dealers Other retail trade Other 22.8 20.9 Addenda: Motor vehicles Nonfarm less motor vehicles .... . . . ... 3.9 7.3 1.8 -.8 2.6 9.8 -3.2 26.0 NOTE.—Dollar levels for change in real business inventories are found in NIPA table 5.11. Motor vehicles are found in tables 8.4 (autos) and 8.6 (trucks). 2.5 6.8 6.2 -7.4 13.6 5.3 -6.7 27.6 1993 1994 10.8 .1 10.7 -7.7 .7 5.0 -4.5 9.5 12.7 .6 10.1 III II I IV III 25.4 3.3 22.1 9.9 -1.0 56.3 4.6 51.8 3.3 11.3 14.7 23.3 -2.1 25.4 10.4 -1.9 24.0 49.7 2.0 2.5 -.5 2.1 1994 IV -5.9 -2.2 I II 14.6 30.9 -4.0 8.0 3.2 -1.9 -1.4 -10.2 -10.2 11.4 17.6 -1.7 -3.0 29.7 -6.6 15.7 21.3 7.0 -10.0 ^.6 7.4 -1.4 -.9 7.3 -17.5 -2.5 13.9 -.5 4.4 -6.1 -1.2 -6.6 11.0 -4.5 -4.1 -3.5 1.6 2.9 1.3 25.9 4.0 25.7 SURVEY OF CURRENT BUSINESS August 1994 Exports of goods increased 17.5 percent after decreasing 3.1 percent. Following a sharp firstquarter decrease, exports of agricultural products increased moderately. Exports of nonagricultural products increased strongly after decreasing slightly. All major end-use categories contributed to the upturn; the largest contributions were by industrial supplies and materials and by nonautomotive capital goods other than civilian aircraft and computers. Exports of services increased after a decrease. Imports of goods increased 22.6 percentmore than twice as much as in the first quarter. Imports of petroleum and petroleum products turned up, and imports of nonpetroleum products accelerated; the acceleration was accounted for by autos and by nonautomotive consumer goods. Imports of services decreased modestly after increasing. in the first (table 7). Federal Government purchases decreased less than in the first quarter, and State and local government purchases increased after decreasing. Federal defense purchases decreased 6.2 percent after decreasing 16.0 percent. (Federal defense purchases have decreased in 12 of the last 13 quarters). The second-quarter decrease reflected decreases in all types of purchases, but about half of it was accounted for by services. Within services, the largest decrease was in compensation of employees, which decreased for the 13th consecutive quarter. Federal nondefense purchases decreased 14.0 percent after increasing 2.9 percent. All categories of purchases except durable goods contributed to the decrease; the largest decreases were in services and structures. State and local government purchases increased 2.9 percent after decreasing 1.4 percent. The upswing was accounted for by a rebound in structures. Government purchases Real government purchases decreased 1.6 percent in the second quarter after decreasing 4.9 percent Table 6.—Real Net Exports of Goods and Services [Seasonally adjusted at annual rates] Percent change from preceding quarter Billions of 1987 dollars 1993 Change from preceding quarter 1994 Level 1993 1994:11 III 1994 Net exports of goods and services -112.9 17.0 Exports of goods and services Goods Agricultural products Nonagricultural products Services 642.7 483.5 -4.9 -4.8 446.0 159.2 -2.4 Imports of goods and services Goods Petroleum and products Nonpetroleum products Services 755.6 647.4 12.0 9.7 25.8 22.8 60.4 -1.0 10.7 21.4 37.5 587.0 108.1 4.1 29.9 29.6 24 2 2.2 27.5 -8.9 -5.6 -3.7 -2.5 -1.3 23.1 19.1 1.4 .9 18.2 19 -3.2 -4.3 -22.3 -2.4 4.0 16.2 15.3 -1.6 16.8 32.0 32.2 3.9 1.0 7.4 7.0 16.0 16.8 10.2 17.5 12.4 8.7 9.3 -.4 21.7 29.9 26.1 30.3 .5 -6.8 28.4 .9 3.1 II IV II -21.8 .4 2.3 II! I IV -3.5 -3.1 -23.2 -1.2 -4.8 9.5 10.6 -10.6 13.0 15.8 17.5 10.2 18.1 10.7 18.9 22.6 30.6 21.9 3.4 15 NOTE.—Dollar levels are found in NIPA tables 4.2 and 4.4, and percent changes in major aggregates are found in table 8.1. Table 7.—Real Government Purchases [Seasonally adjusted at annual rates] Percent change from preceding quarter Billions of 1987 dollars 1993 Change from preceding quarter 1994 Level 1993 1994 III 1994:11 Government purchases 916.3 Federal National defense Nondefense 333.9 224.9 109.0 State and local Structures Other ........ . . . 582.4 88.1 494.3 NOTE.—Dollar levels are found in NIPA table 3.8B, and percent changes in major aggregates are found in table 8.1. III 2.5 -2.7 59 3.2 5.2 2.9 2.3 -0.3 -11.8 -3.6 -4.5 -2.2 -2.3 -9.4 -7.8 -3.6 -4.2 4.2 2.0 2.2 IV II II I IV -10.2 .8 -2.1 -6.0 3.9 4.1 1.7 2.4 1.1 -3.0 -9.2 12.0 3.7 13.9 1.9 -0.1 -4.9 -1.8 -5.0 -3.6 -7.8 10.3 -8.8 -6.2 2.9 9.1 1.8 -16.0 2.9 -1.4 23.6 3.2 -14.0 2.9 8.1 2.0 SURVEY OF CURRENT BUSINESS Revisions The preliminary second-quarter estimate of a 3.8percent increase in real GDP is o.i percentage point higher than the advance estimate (table 8). This revision is quite small; the average revision (without regard to sign) between the advance and the preliminary estimate is 0.5 percentage point. Exports were revised up $6.6 billion, and imports were revised up $6.1 billion; the net effect on GDP was small—an upward revision of $0.5 billion. The revisions to both exports and imports primarily reflected the incorporation of newly available source data that showed largerthan-expected increases in merchandise trade in June. The other major components of GDP generally registered small, offsetting revisions. The largest upward revision ($2.3 billion) was to change in business inventories: A large upward revision to retail trade inventories, reflecting the incorporation of newly available source data for June, more than offset downward revisions to manufacturing and wholesale trade inventories. Personal consumption expenditures was also revised up; an upward revision to nondurable goods, reflecting revised retail sales data for May and June, was partly offset by a downward revision to motor vehicles, reflecting newly available data on consumers' share of new car purchases in May, and by a downward revision to services, mainly reflecting newly available data on brokerage services for June. Federal Government purchases was revised down. The preliminary estimate of the increase in gross domestic purchases, 4.4 percent, is the same as the advance estimate. The second-quarter increase in the fixedweighted price index for gross domestic purchases was revised up o.i percentage point. The increase in the price index for GDP was not revised. Alternative measures Both of BEA'S alternative measures of real GDP—the chain-type annual-weighted and the benchmark-years-weighted measures—increased 3.9 percent in the second quarter of 1994, o.i percentage point more than the featured fixedi98/-weighted measure. In the first quarter, both alternative measures had increased o.i percentage point less than the featured measure.4 4. The alternative quantity and price indexes are found in tables 7.1-7.3 of the "Selected NIPA Tables," and the associated percent changes are found in table 8.1. For additional information about the alternative indexes, see "Quantity and Price Indexes, 1988-94" in this issue. August 1994 In the second quarter, as well as in the first, the small difference in the GDP growth rates reflected offsetting differences among the growth rates of the major components. In the second quarter, the sources of the differences were the same for both alternative measures: Positive contributions came from PCE for services, change in business inventories, and imports (which is subtracted in deriving GDP); negative contributions came from PCE for durable goods and producers' durable equipment. For prices of gross domestic purchases, both alternative measures increased 3.1 percent in the second quarter, 0.2 percentage point less than the featured 1987-weighted measure. In the first quarter, the chain-type measure increased 2.5 percent, the same as the featured measure; the benchmark-years measure increased 2.6 percent. For GDP prices, both alternatives increased 2.7 Table 8.—Revisions in Real Gross Domestic Product and Prices, Second Quarter 1994 [Seasonally adjusted at annual rates] Percent change from preceding quarter Advance estimate Gross domestic product Less' Exports of goods and services Goods Services Plus: Imports of goods and services Goods Services 3.7 11.1 12.0 8.5 15.1 19.0 -5.4 Preliminary estimate 3.8 15.8 17.5 10.7 18.9 22.6 -1.5 Preliminary estimate minus advance estimate Percent- 1987 dollars 0.1 10 4.7 5.5 2.2 3.8 3.6 3.9 6.6 5.8 .8 6.1 4.9 1.1 Equals: Gross domestic purchases 4.4 4.4 0 Personal consumption expenditures Durables Nondurables .... Services 1.2 .8 .7 1.6 1.4 1.2 2.1 1.0 .2 .4 1.4 -.6 8.7 9.2 5 -.8 1.2 12 Fixed investment Nonresidential . Structures Producers' durable equipment Residential 9.2 10.0 18.4 7.7 7.0 19.6 6.5 7.3 .§ .3 Change in business inventories Nonfarm Farm Government purchases . Federal National defense Nondefense State and local Gross domestic purchases price index (fixed weights) * GDP price index (fixed weights) l Billions of age points 1.5 .5 3.7 -2.8 9 -1.2 .4 14 .2 2.3 1.8 .5 -.5 -4.8 -3.8 -6.9 -1.6 -8.8 -6.2 2.0 -14.0 2.9 3.2 2.9 3.3 2.9 -1.1 -4.0 -2.4 -7.1 .9 -2.4 -3.6 -1.4 22 1.2 .1 0 1. Based on 1987 weights. NOTE.—Preliminary estimates for the second quarter of 1994 incorporate the following revised or additional major source data that were not available when the advance estimates were prepared a month ago. Personal consumption expenditures: Revised retail sales for May and June, and consumers' share of new car purchases for May. Nonresidential fixed investment: Construction put in place for April and May (revised) and June, manufacturers' shipments of machinery and equipment for May and June (revised), and business' share of new car purchases for May. Residential investment: Construction put in place for April and May (revised) and June. Change in business inventories: Manufacturing and trade inventories for May (revised) and June, and revised unit inventories o? motor vehicles for June. Net exports of goods and services: Merchandise exports and merchandise imports for May (revised) and June. Government purchases: Detailed Federal outlays for June, State and local construction put in place for April and May (revised) and June, and State and local government employment for May and June (revised). Wages and salaries: Revised employment, average hourly earnings, and average weekly hours for May and June. GDP prices: Detailed merchandise export and import price indexes for April through June, values and quantities of petroleum imports for June, and housing prices for the quarter. SURVEY OF CURRENT BUSINESS 8 • August 1994 percent in the second quarter and 3.2 percent in the first; the featured measure increased 2.9 percent in the second quarter and 3.1 percent in the first. industry do not exist. Second-quarter profits are not yet available at the industry level, but preliminary and incomplete information suggests that an increase in financial industry profits mainly reflected profits of property and casualty insurance carriers and that an increase in nonfinancial Corporate Profits Profits from current production—profits before tax (PBT) plus inventory valuation adjustment (IVA) and capital consumption adjustment (ccAdj)—increased $39.1 billion in the second quarter after decreasing $25.7 billion in the first (table 9). The rebound largely reflected the effect of the Northridge, California, earthquake, which had reduced first-quarter profits by about $30 billion.5 Domestic operations of both financial and nonfinancial corporations contributed to the second-quarter increase; profits from the rest of the world changed little. For domestic operations of nonfinancial corporations, the increase mainly reflected an increase in unit profits, as the prices that corporations received increased more than the unit costs they incurred. Cash flow from current production, a profitsrelated measure of internally generated funds available to corporations for investment, increased $10.1 billion after increasing $1.0 billion. Despite the step-up in cash flow, the ratio of cash flow to nonresidential fixed investment decreased from 84.1 percent to 83.4 percent. Since hitting a peak of 91.9 percent in the first quarter of 1992, the ratio has fluctuated between 83 percent and 88 percent; in the 1980*8, in contrast, it had averaged 72.1 percent. Related measures.—-Industry profits are measured by PBT with IVA because estimates of the ccAdj by Table 9.—Corporate Profits [Seasonally adjusted at annual rates] Level 1994:11 Change from preceding quarter 1994:1 1994:11 Billions of dollars Profits from current production Domestic Financial Nonfinancial Rest of the world -25,7 -25.1 -25.7 .6 -.6 547,3 486.1 90.3 395.8 61.2 IVA CCAdj Profits before tax Profits tax liability ... Profits after tax -12.5 36.8 Profits by industry: Profits before tax with IVA Domestic . . Financial Nonfinancial Manufacturing Trade Transportation and public utilities Other Rest of the world Receipts (inflows) Payments (outflows) .1 -.2 2 -5.8 -1.8 -18.2 523.1 201.5 321.6 Cash flow from current production 39.1 39.0 15.4 23.6 39.6 17.4 22.2 -7.4 -10.8 570.0 1.0 10.1 510.6 449.4 106.0 343.4 239 -23.3 -25.0 1.7 39.4 39.3 16.4 22.9 10.9 -47 -6.3 17 -.6 2.9 3.6 61.2 80.0 18.8 .1 2.4 2.2 Dollars Unit price, costs, and profits of domestic nonfinancial corporations: Unit price Unit labor cost Unit nonlabor cost Unit profits from current production 1.170 0.006 .766 .277 .128 .003 .005 -.003 -.001 .006 0.005 .003 NOTE.-Levels of these and other profits series are found in NIPA tables 1.14, 1.16, 6.16C, and 7.15. IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 5. See pages 2 and 3 of the June 1994 SURVEY. Table 10.—Rate of Return, Income Share, and Average Product of Capital, Domestic Nonfinanciai Corporations, 1989-83 [Percent] Year Total d) 1989 1990 1991 1992 1993 .. .. .. .. 9.3 9.0 8.3 8.3 9.2 Rate of return Share of domestic income Property income Property income Profits from current production Net interest (8) Total Profits tax liability Profits after tax Net interest Total Profits from current production (2) (3) (4) (5) (6) (7) 5.9 5.7 5.4 5.9 6.8 2.3 2.1 1.8 1.9 2.4 3.6 3.6 3.6 4.0 4.4 NOTE.—Columns 1-5 are percentages of the stock of net reproducible assets (structures, equipment, and inventories) valued at current replacement cost. Columns 6-6 are percentages of domestic income. Column 9 is calculated as the ratio of column 1 to column 6. Estimates for 1991- 3.4 3.3 2.9 2.4 2.4 17.3 16.7 15.7 15.4 16.5 11.0 10.6 10.2 10.9 12.2 Average product of capital (9) 6.3 6.1 5.5 4.5 4.2 .538 .539 .529 .539 .558 93 are revised; estimates for earlier years, along with a discussion of the measures, appeared in the April 1994 SURVEY OF CURRENT BUSINESS. SURVEY OF CURRENT BUSINESS industry profits reflected profits in trade and in transportation and public utilities. PBT increased $39.6 billion. The difference between this increase and the $39.1 billion increase in profits from current production reflects very sbnall decreases in the IVA and the ccAdj. evisions in profits and related measures.— Estimates of profits, net interest, and reproducible assets for 1991-93 were revised as part of the annual revision of the national income jand product accounts, which was presented in the July SURVEY OF CURRENT BUSINESS.6 These revisions are reflected in the last three rows of table 10, which presents selected rates of return and shares of domestic income for domestic nonfinancial corporations. Corporate profits tax accruals increased $14.3 billion after decreasing $6.0 billion. The increase reflected the upturn in corporate profits. Contributions for social insurance increased $7.9 billion after increasing $16.8 billion. In the second quarter, growth in wages and salaries accounted for $5.2 billion of the increase in contributions. In the first quarter, contributions were boosted $10.0 billion (annual rate) by an increase in the social security taxable wage base, an increase in the monthly premium for supplementary medical insurance, and the removal of the $135,000 cap on the medicare taxable wage base. Table 11.—Government Sector Receipts and Expenditures [Billions of dollars, seasonally adjusted at annual rates] Government Sector The fiscal position of the government sector improved in the second quarter of 1994, as the combined deficit of the Federal Government and of State and local governments decreased $31.8 billion, to $119.3 billion (table 11). The Federal Government deficit accounted for most of the improvement; the State and local government position improved slightly. Federal The Federal Government deficit decreased $31.2 billion, to $145.0 billion, in the second quarter, as receipts increased considerably more than expenditures. The Federal deficit, which has decreased for five consecutive quarters, is the smallest in over 3 years. Receipts.—Receipts increased $43.1 billion in the second quarter after increasing $23.9 billion in the first. All but one of the major components of receipts increased; indirect business taxes were unchanged. Personal tax and nontax receipts increased $20.9 billion after increasing $13.4 billion. Nearly half of the second-quarter increase, $10.3 billion, reflected provisions of the Omnibus Budget Reconciliation Act of 1993 that retroactively increased tax rates for high-income taxpayers. Persons affected by the rate increases had the option of paying the additional 1993 income taxes in three annual installments, the first of which was due April 15, 1994. Withheld personal income taxes increased $5.2 billion as a result of growth in wages and salaries. 6. See tables 1.15 and 1.16 of the "National Income and Product Accounts Tables" in the July 1994 SURVEY. See also "Fixed Reproducible Tangible Wealth" on page 54 in this issue. August 1994 Level Change from preceding quarter 1993 1994: II 1994 II III IV I II 2121.2 2240.6 -119.3 64.2 13.9 50.3 15.8 54.5 39.1 15.4 31.1 -3.4 34.5 54.7 23.0 31.8 1380.6 51.0 9.0 40.9 23.9 43.1 571.1 166.1 22.6 7.7 13.4 -6.0 20.9 14.3 Government sector Receipts Expenditures ... . Surplus or deficit (-) 5.2 10.6 Federal Government Receipts Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance Expenditures Purchases National defense Nondefense Transfer payments (net) , To persons To rest of the world Grants-in-aid to State and local governments Net interest paid Subsidies less current surplus of government enterprises Subsidies Of which: Agricultural subsidies Less: Current surplus of government enterprises Less' Wage accruals less disbursements Surplus or deficit (-) 90.4 553.0 9.7 1.6 17.0 -1.6 -1.2 4.1 1525.6 4.5 -3.0 434.9 290.7 144.1 676.0 663.5 17 -2.5 -6.8 12.5 193.6 189.7 31.5 34.6 8.9 3.1 0 -1.2 -.5 8.0 6.5 1.5 6,2 2.3 -10.1 -7.2 -7.8 3.0 0 4.2 7.4 6.0 1.4 4.9 -1.2 -11.8 -11.3 -11.7 .4 0 -145.0 46.4 12.1 934.2 19.3 11.7 9.3 17.6 8.4 5.6 36.1 29 .1 -2.9 13.9 3.9 10.0 9.2 -.1 16.0 15.5 15.5 -.5 0 4.8 -.3 16.8 0 7.9 -20.0 11.9 -2.0 -2.9 7.4 5.4 -2.6 10.1 -12.7 -7.0 -4.2 -4.2 -3.9 -4.9 .3 0 43.9 1.0 -2.0 4.5 3.6 .9 3.6 10.4 -3.6 -3.1 -3.4 .5 0 31.2 State and local governments Receipts Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance Federal grants-in-aid Expenditures Purchases Of which'. Structures Transfer payments to persons Net interest paid . Less: Dividends received by government . . . . Subsidies less current surplus of government enterprises Subsidies Less: Current surplus of government enterprises Less: Wage accruals less disbursements Surplus or deficit (-) . Social insurance funds Other NOTE.-Dollar levels are found in NIPA tables 3.2 and 3.3. 175.3 35.4 459.5 70.5 193.6 5.9 2.3 4.2 .8 6.2 908.5 15.6 731.4 101.5 270.7 -54.6 11.0 0 5.8 5.3 -.1 .1 -.4 0 A 0 25.7 3.7 65.8 .1 3.6 10.8 -28.2 .4 28.6 -40.1 1.8 3 4.5 .7 4.9 13.1 9.0 3.4 5.2 -.1 .1 —9 o" .8 0 -1.4 -.1 13 .3 22.8 2.3 4.0 6.6 .7 9.2 12.2 7.2 3.0 5.7 -.2 .1 -.4 0 A 0 10.6 -.1 10.7 2.7 14 5.2 .8 -7.0 9.6 4.6 -5.8 5.7 -.5 .2 -.1 0 .2 0 -9.3 -.3 -9.0 15.1 2.4 3.1 5.3 .8 3.6 14.6 9.4 2.3 6.4 -.5 .1 -.5 0 .5 0 .5 -.1 .6 SURVEY OF CURRENT BUSINESS 1O • August 1994 Expenditures.—Expenditures increased $11.9 billion in the second quarter after decreasing $20.0 billion in the first. The upswing was more than accounted for by net interest, grants-inaid to State and local governments, and transfer payments. Net interest paid increased $10.4 billion after decreasing $4.2 billion. The upturn was mainly attributable to interest paid on the public debt, which increased $8.0 billion after decreasing $4.9 billion. Grants-in-aid to State and local governments increased $3.6 billion after decreasing $7.0 billion. The turnaround was more than accounted for by medicaid, which increased $5.6 billion after decreasing $6.3 billion. Transfer payments increased $4.5 billion after decreasing $2.6 billion. The turnaround was more than accounted for by transfer payments to the rest of the world, which increased $0.9 billion after decreasing $12.7 billion; the decrease followed a large fourth-quarter increase that was primarily due to $12.0 billion (annual rate) in economic support and other payments to Israel. Transfer payments to persons increased $3,6 billion after increasing $10.1 billion. In the first quarter, transfer payments had been boosted $7.7 billion by a cost-of-living adjustment in social security benefits (old-age, survivors, and disability insurance) in January and $1.1 billion by temporary rental assistance payments to the victims of the earthquake that struck Northridge, California, in January. The secondquarter increase in transfer payments included a $1.6 billion cost-of-living adjustment for Federal civilian and military retirees that became effective in April; in past years, these adjustments became effective in January, but they were delayed this year by provisions of the Omnibus Budget Reconciliation Act of 1993. The secondquarter increase also included the final payments from the Emergency Unemployment Compensation program to persons who had exhausted their regular unemployment benefits; these benefits have been decreasing since the third quarter of 1993. Subsidies less the current surplus of government enterprises decreased $3.6 billion after decreasing $4.2 billion. The decreases in both quarters were mostly attributable to agricultural subsidies, which decreased $3.4 billion after decreasing $4.9 billion. The second-quarter decrease in agricultural subsidies was more than accounted for by flood- and drought-related payments. Purchases decreased $2.9 billion after decreasing $2.0 billion. Nondefense purchases decreased $2.0 billion after increasing $5.4 billion. Most of the downturn was attributable to structures and to services other than compensation, both of which decreased in the second quarter after increasing in the first. Compensation of nondefense employees increased $2.2 billion after increasing $2.9 billion. Buyout programs at Federal civilian agencies boosted nondefense compensation by $2.3 billion in the second quarter and by less than $0.1 billion in the first quarter; Congress granted buyout authority to all civilian agencies on March 24, 1994, but some agencies, such as the Library of Congress and the Government Printing Office, had limited buyout authority before March. The first-quarter increase in compensation also reflected $1.1 billion in locality pay raises. Offsetting most of the downturn in nondefense purchases, defense purchases decreased $1.0 billion after decreasing $7.4 billion. Purchases of military equipment, nondurable goods, and services other than compensation decreased less in the second quarter than in the first. State and local The State and local government surplus increased $0.5 billion, to $25.7 billion, as receipts increased slightly more than expenditures. Receipts increased $15.1 billion in the second quarter after increasing $0.3 billion in the first. The acceleration was more than accounted for by turnarounds in Federal grants-in-aid and in corporate profit tax accruals. Federal grants-in-aid increased $3.6 billion after decreasing $7.0 billion; the turnaround was more than accounted for by medicaid. Reflecting the upturn in corporate profits, corporate profits tax accruals increased $3.1 billion after decreasing $1.4 billion. Expenditures increased $14.6 billion in the second quarter after increasing $9.6 billion in the first. Purchases increased $9.4 billion after increasing $4.6 billion. Within purchases, structures increased $2.3 billion after decreasing $5.8 billion; highway construction accounted for most of the increase in the second quarter and for part of the decrease in the first. Compensation of employees increased $6.3 billion after increasing $6.8 billion; the increases in both quarters reflected growth in employment. The impact of the Northridge earthquake raised compensation $1.2 billion in the first quarter and reduced it $0.9 billion in the second. Transfer payments to persons increased $6.4 billion after increasing $5.7 billion. 51 11 SURVEY OF CURRENT BUSINESS August 1994 NATIONAL INCOME AND PRODUCT ACCOUNTS Selected NIPA Tables New estimates in this issue: "Preliminary" estimates for the second quarter of 1994. The selected set of national income and product accounts (NIPA) tables shown in this section presents quarterly estimates, which are updated monthly. (In most tables, the annual estimates are also shown.) These tables are available on the day of the gross domestic product (GDP) news release on printouts and diskettes on a subscription basis or from the Commerce Department's Economic Bulletin Board. For order information, write to the National Income and Wealth Division (BE-54), Bureau of Economic Analysis, Washington, DC 20230 or call (202) 606-9700. Tables containing the estimates for 1929-87 are available in the two-volume set National Income and Product Accounts of the United States', see inside back cover for order information. For 1988-93, the complete official time series of NIPA estimates can be found as follows: 1988 NIPA'S, vol. 2 Most tables Tables 1 15, 1 16, and 7 15 Tables 3.15-3.20 and 9.1-9.6 . . . Tables 7.1, 7.2, 7.3, and 8.1 — Aug. 1994 SURVEY Tables 7.4—7.12 Apr. 1993 SURVEY 1991-93 1990 1989 July 1992 SURVEY Sept. 1992 SURVEY Aug. 1994 SURVEY Apr. 1993 SURVEY July 1994 SURVEY Aug. 1993 SURVEY Sept. 1993 SURVEY Sept. 1994 SURVEY Aug. 1994 SURVEY July 1994 SURVEY Aug. 1994 SURVEY Aug. 1993 SURVEY Summary NIPA series back to 1929 will be in the September 1994 SURVEY. Errata to published NIPA tables appear in the September 1992, April 1993, October 1993, and March 1994 issues. NIPA tables are also available, most beginning with 1929, on diskettes or magnetic tape. For more information on the presentation of the estimates, see "A Look at How BEA Presents the NIPA'S" in the February 1994 SURVEY. NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the Government Division. i. National Product and Income. Table 1.1.—Gross Domestic Product Table 1.2.—Gross Domestic Product in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 1993 1993 I Gross domestic product Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Nonfarm Farm Net exports of goods and services Exports Imports Government purchases .. Federal National defense Nondefense State and local II 1992 1994 III I 6,020.2 6,343.3 6,235.9 6,299.9 6,359.2 6,478.1 6,574.7 6,685.5 4,136.9 4,378.2 4,294.6 4,347.3 4,401.2 4,469.6 4,535.0 4,587.3 492.7 538.0 516.1 531.2 541.9 1,295.5 1,339.2 1,327.1 1,334.2 1,340.2 2,348.7 2,501.0 2,451.4 2,481.9 2,519.1 562.8 1,355.2 2,551.6 576.2 1,368.9 2,589.9 581.8 1,381.0 2,624.5 788.3 882.0 853.8 869.7 882.2 922.5 966.6 1,031.7 785.2 561.4 171.1 866.7 616.1 173.4 833.7 589.8 170.6 851.1 609.3 172.3 868.3 619.0 173.9 913.5 646.3 176.7 942.5 665.4 172.7 967.5 683.4 181.4 390.3 223.8 442.7 250.6 419.2 243.9 437.0 241.8 445.1 249.3 469.6 267.2 492.7 277.1 502.0 284.1 15.4 20.1 -4.7 20.1 21.6 -1.6 18.6 23.9 -5.3 13.9 24.2 24.1 22.3 64.2 60.5 3.0 -2.7 5.7 -10.3 9.0 10.7 -1.7 1.8 3.6 -30.3 -65.3 -49.6 -63.3 -77.0 -71.2 -86.7 -99.8 638.1 668.4 659.1 724.3 646.8 696.4 660.1 723.5 649.0 726.0 680.3 751.4 674.2 760.9 703.2 803.0 1,125.3 1,148.4 1,137.1 1,146.3 1,152.9 1,157.2 1,159.8 1,160.3 439.8 299.1 140.7 717.4 437.8 291.7 146.1 722.0 434.9 290.7 144.1 731.4 449.0 314.2 134.8 676.3 443.6 302.7 140.9 704.7 446.9 307.0 139.9 690.2 445.2 305.8 139.4 701.2 442.7 299.0 143.6 710.2 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1993 1993 II I IV Gross domestic product Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Nonfarm Farm Net exports of goods and services Exports Imports Government purchases Federal National defense Nondefense State and local II 1994 III II I IV 4,979.3 5,134.5 5,075.3 5,105.4 5,139.4 5,218.0 5,261.1 5,310.2 3,349.5 3,458.7 3,417.k 3,439.2 3,472.2 3,506.2 3,546.3 3,558.6 452.6 489.9 472.5 483.7 492.7 510.8 521.7 523.3 1,057.7 1,078.5 1,070.0 1,074.3 1,081.7 1,088.0 1,098.3 1,103.9 1,839.1 1,890.3 1,874.8 1,881.2 1,897.8 1,907.4 1,926.3 1,931.3 725.3 819.9 789.2 806.2 821.8 862.5 898.9 §48.2 722.9 525.9 149.8 804.6 591.6 147.7 770.7 560.3 147.2 787.3 581.0 147.3 808.8 597.9 147.5 851.7 627.2 148.7 873.4 643.6 144.1 891.9 657.9 150.7 376.2 196.9 443.9 213.0 413.0 210.4 433.7 206.3 450.3, 211.0 478.5 224.5 499.4 229.9 507.3 234.0 15.3 18.5 -3.2 18.5 19.7 -1.2 18.9 22.8 -3.9 13.0 20.9 -7.9 10.8 10.7 25.4 22.1 56.3 51.8 -32.3 -73.9 -57.0 -69.3 -86.3 -82.2 -104.0 -112.9 578.8 611.2 602.5 676.3 589.2 646.8 600.2 669.6 595.3 681.6 625.2 707.4 2.5 -2.0 4.5 .1 3.3 619.6 723.6 4.6 642.7 755.6 930.9 929.8 926.5 929.3 9318 931.5 919.9 916.3 373.5 261.4 112.2 563.3 356.6 243.7 113.0 573.1 361.6 248.2 113.3 564.9 358.3 246.8 111.5 571.0 355.6 240.9 114.7 576.2 351.1 238.7 112.4 580.4 341.7 228.5 113.2 578.3 333.9 224.9 109.0 582.4 NOTE—Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS 12 • August 1994 Table 1.3.—Gross Domestic Product by Major Type of Product Table 1.4.—Gross Domestic Product by Major Type of Product in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates 1992 1993 1993 I Gross domestic product Final sales of domestic product Change in business inventories Goods l Final sales Change in business inventories Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories Services1 Structures III II Seasonally adjusted at annual rates s 1994 1992 6,020,2 6,343.3 6,235.9 6,299.9 6,359.2 6,478.1 6,574.7 6,685.5 6,017.2 6,327.9 6,215.8 6,281.4 6,345.4 6,469.2 6,550.6 6,621.4 3.0 15.4 20.1 18.6 13.9 9.0 24.1 64.2 2,295.0 2,405.8 2,369.6 2,396.2 2,395.8 2,461.6 2,513.2 2,560.4 2,292.0 2,390.4 2,349.6 2,377.6 2,381.9 2,452.6 2,489.1 2,496.2 3.0 ,. 15.4 20.1 18.6 13.9 9.0 24.1 64.2 955.6 1,041.0 1,006.1 1,034.4 1,041.7 1,081.9 1,118.7 1,140.0 968.6 1,032.4 999.1 1,030.6 1,026.8 1,072.9 1,098.2 1,102.3 -13.0 8.6 6.9 3.7 14.9 9.0 20.6 37.6 1,339.4 1,364.8 1,363,6 1,361.8 1,354.0 1,379.7 1,394.5 1,420.4 1,323.4 1,358.0 1,350.4 1,347.0 1,355.1 1,379.7 1,390.9 1,393.9 6.7 16.0 13.1 14.8 -1.1 0 3.5 26.5 3,227.2 3,405.5 3,350.4 3,383.1 3,429.3 3,459.3 3,503.8 3,551.6 532.0 498.0 515.9 520.6 534.1 557.2 I II I IV 557.7 573.5 1993 1993 Gross domestic product Final sales of domestic product Change in business inventories . Goods 1 Final sales Change in business inventories Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories Services 1 Structures II 1994 HI II I IV 4,979.3 5,134.5 5,075.3 5,105.4 5,139.4 5,218.0 5,261.1 5,310.2 4,976.9 5,119.3 5,056.8 5,086.5 5,126.5 5,207.2 5,235.7 5,253.9 2.5 15.3 18.5 18.9 13.0 10.8 25.4 56.3 1,991.0 2,081.8 2,043.7 2,069.9 2,078.2 2,135.5 2,168.8 2,200.7 1,988.5 2,066.5 2,025.2 2,051.0 2,065.3 2,124.7 2,143.3 2,144.4 2.5 15.3 18.5 18.9 895.6 906.7 986.0 977.7 945.8 939.6 973.4 968.8 -11.2 8.3 6.2 4.6 13.0 10.8 25.4 56.3 991.4 1,033.6 1,061.4 1,073.9 977.9 1,024.7 1,041.7 1,040.8 13.5 8.9 19.7 33.1 1,095.4 1,095.8 1,098.0 1,096.5 1,086.8 1,101.9 1,107.4 1,126.8 1,081.8 1,088.8 1,085.7 1,082.2 1,087.4 1,100.0 1,101.7 1,103.6 13.6 7.0 12.3 14.3 -.6 1.9 5.7 23.2 2,549.3 2,597.6 2,584.7 2,588.5 2,606.1 2,611.2 2,625.8 2,632.7 439.0 455.1 446.9 447.0 455.1 471.3 466.5 476.9 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.5.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.6.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers in Constant Dollars [Billions of dollars] 6,020.2 Gross domestic product Less: Exports of goods and services 6381 Plus: Imports of goods and 668.4 services Equals: Grossl domestic purchases ..... 6,050.5 Less: Change in business inventories 3.0 Equals: Final sales to 2 domestic purchasers 6,047.5 [Billions of 1987 dollars] 6,343.3 6,235.9 6,299.9 6,359.2 6,478.1 6,574.7 6,685.5 6591 6468 6601 6490 6803 6742 7032 724.3 696.4 723.5 726.0 751.4 760.9 803.0 6,408.6 6,285.5 6,363.3 6,436.3 6,549.3 6,661.4 6,785.3 15.4 20.1 18.6 13.9 9.0 24.1 64.2 6,393.2 6,265.4 6,344.7 6,422.4 6,540.3 6,637.3 6,721.2 Gross domestic product Less: Exports of goods and services Plus: Imports of goods and services Equals: Gross1 domestic purchases Less: Change in business inventories Equals: Final sales to 2 domestic purchasers 4,979.3 5,134.5 5,075.3 5,105.4 5,139.4 5,218.0 5,261.1 5,310.2 578.8 602.5 589.2 600.2 595.3 625.2 619.6 642.7 611.2 676.3 6468 669.6 681.6 707.4 723.6 755.6 5,011.6 5 208.4 5,132 9 5,174.7 5,225.8 5,300.2 5,365.1 5,423.1 2.5 15.3 18.5 18.9 13.0 10.8 25.4 56.3 5,009.2 5,193.1 5,114.4 5,155.8 5,212.8 5,289.4 5,339.7 5,366.7 1. Purchases by U.S. residents of goods and services wherever produced. 2. Final sales to U.S. residents of goods and services wherever produced. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1. Purchases by U.S. residents of goods and services wherever produced. 2. Final sales to U.S. residents of goods and services wherever produced. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.7.—Gross Domestic Product by Sector Table 1.8.—Gross Domestic Product by Sector in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Gross domestic product Business Nonfarm Nonfarm less housing .... Housing Farm Statistical discrepancy Households and institutions Private households Nonprofit institutions General government Federal State and local Addendum: Gross domestic business product less housing 6,020.2 6,343.3 6,235.9 6,299.9 6,359.2 6,478.1 6,574.7 6,685.5 5,090.4 5,371.4 5,276.7 5,332.3 5,382.1 5,494.4 5,575.7 5,673.1 49961 52938 5,171 8 52493 53223 5,431 7 5 524.7 5611 1 4,494.4 4,771.0 4,657.5 4,730.8 4,796.4 4,899.5 4,975.0 5,067.3 501.7 522.7 514.3 518.5 525.8 532.2 549.6 543.8 65.4 -5.5 79.2 87.1 79.7 -16.5 -36.1 -17.7 283.4 286.9 291.0 295.7 300.1 10.7 10.8 10.9 11.1 11.3 272.7 276.1 280.0 284.5 288.8 2.3 79.4 25.5 77.3 8.8 268.6 285.3 279.7 10.1 10.8 258.4 274.5 106 269.1 85.6 75.3 5.7 661.2 686.6 679.5 684.2 690.2 692.7 703.3 712.4 199.5 461 7 203.6 4830 204.1 4754 203.6 4806 204.3 4859 202.5 4902 206.3 497.1 209.0 503.4 4,584.2 4,844.0 Gross domestic product Business Nonfarm Nonfarm less housing .... Housing Farm Statistical discrepancy Households and institutions Private households Nonprofit institutions General government Federal State and local Addendum: Gross domestic business product less housing 4,979.3 5,134.5 5,075.3 5,105.4 5,139.4 5,218.0 5,261.1 5,310.2 4,258.7 4,409.4 4,352.0 4,380.4 4,413.3 4,491.7 4,532.6 4,579.9 4,170.6 4,336.4 4,255.3 4,303.4 4,353.8 4,433.2 4,486.1 4,515.6 3,771.0 3,925.5 3,849.1 3,893.8 3,941.1 4,017.9 4,070.6 4,097.9 3996 4109 4062 409.6 412.7 415.3 415.5 417.8 75.9 78.6 64.0 72.0 757 71 0 72.3 808 -14.3 -29.3 4.7 -4.5 -13.5 1.9 21.0 7.3 208.5 215.6 212.2 215.0 217.0 218.1 220.1 222.4 88 199.8 90 206.5 90 203.2 90 206.0 90 208.0 90 209.1 91 211.0 9.2 213.2 512.0 509.6 511.2 510.0 509.1 508.2 508.4 507.9 151 9 360.1 1460 1490 363.6 362.1 146.9 363.1 145.1 364.0 143.2 365.1 141.9 366.5 139.8 368.1 3,855.4 3,994.9 SURVEY OF CURRENT BUSINESS August 1994 • 13 Table 1,9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National income, and Personal Income Table 1.10.—Relation of Gross Domestic Product, Gross National Product, Net National Product, and National Income in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 1993 1993 I Gross domestic product Plus: Receipts of factor income from the rest of the world1 Less: Payments of factor income to the rest of the world2 Equals: Gross national product Less: Consumption of fixed capital Capital consumption allowances Less: Capital consumption adjustment 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 inventory valuation and capital consumption adjustments Net interest Contributions for social insurance Wage accruals less disbursements Plus: Personal interest income Personal dividend income Government transfer payments to persons Business transfer payments to persons Equals: Personal income Addenda: Net domestic product Domestic income Gross national income II 1992 1994 ill IV i I II 6,020.2 6,343.3 6,235.9 6,299.9 6,359.2 6,478.1 6,574.7 6,685.5 133.5 136.6 130.2 137.6 137.1 141.3 145.4 160.9 127.9 132.1 122.2 134.3 128.6 143.3 146.1 166.1 6,025.8 6,347.8 6,243.9 6,303.3 6,367.8 6,476.2 6,574.0 6,680.3 658.5 669.1 662.9 662.0 677.3 674.0 734.1 698.9 604.2 635.1 618.5 626.9 644.8 650.3 683.2 669.8 -54.4 -33.9 -44.3 -35.1 -32.6 -23.8 -50.9 -29.1 5,367.3 5,678.7 5,581.1 5,641.2 5,690.5 5,802.2 5,840.0 5,981.3 504.4 525.3 515.5 521.4 524.7 539.7 544.7 549.9 28.1 28.7 28.9 28.6 30.1 30.3 5.7 28.9 -5.5 8.8 -3.9 8.8 2.3 28.2 25.5 3.5 9.0 19.3 -16.5 -36.1 11.7 7.4 1993 1993 -17.7 3.2 4,829,5 5,131.4 5,031.1 5,094.0 5,138.5 5,262.0 5,308.7 5,422.0 Gross domestic product Plus: Receipts of factor income from the rest of the world 1 Less: Payments of factor income to the rest of the world2 Equals: Gross national product Less: Consumption of fixed capital Equals: Net national product Less: Indirect business tax and nontax liability plus business transfer payments less subsidies plus current surplus of government enterprises Statistical discrepancy Equals: National income Addenda: Net domestic product Domestic income Gross national income 4,979.3 5,134.5 II 1994 III IV I II 5,075.3 5,105.4 5,139.4 5,218.0 5,261.1 5,310.2 109.2 109.1 104.7 110.1 109.4 112.4 114.8 126.2 102.8 103.4 96.1 105.3 100.4 111.7 113.2 128.1 4,985.7 5,140.3 5,083.9 5,110.1 5,148.4 5,218.7 5,262.7 5,308.3 595.8 599.5 596.4 593.9 605.5 602.0 648.1 614.7 4,389.9 4,540.8 4,487.5 4,516.2 4,542.9 4,616.7 4,614.6 4,693.6 406.0 7.3 421.2 1.9 415.1 21.0 418.2 4.7 423.1 -4.5 428.3 -13.5 432.7 -29.3 434.5 -14.3 3,976.6 4,117.7 4,051.4 4,093.3 4,124.3 4,201.8 4,211.3 4,273.4 4,383.5 4,535.1 4,478.9 4,511.4 4,533.9 4,616.0 4,613.0 4,695.5 3,970.2 4,112.0 4,042.8 4,088.5 4,115.3 4,201.1 4,209.7 4,275.3 4,978;4 5,138.4 5,062.9 5,105.4 5,153.0 5,232.2 5,292.1 5,322.6 1. Consists largely of receipts by U.S. residents ofinterest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. 405.1 420.0 485.8 399.5 442.5 414.6 473.1 397.6 493.5 396.7 533.9 389.1 508.2 394.2 547.3 394.4 Table 1.11—Command-Basis Gross National Product in Constant Dollars 556.4 585.6 568.3 586.1 590.9 597.2 614.7 623.5 [Billions of 1987 dollars] -20.0 665.2 20.0 80.0 637.9 653.2 0 636.6 0 634.1 0 627.7 0 631.1 0 645.0 161.0 181.3 178.0 180.4 182.8 184.1 185.7 191.7 837.9 892.6 875.8 887.6 898.8 908.3 924.2 934.2 22.3 22.8 22.8 22.8 22.8 22.7 23.2 23.4 5,154.3 5,375.1 5,255.5 5,364.5 5,395.9 5,484.6 5,555.8 5,651.0 5,361.7 5,674.2 5,573.0 5,637.9 5,681.9 5,804.1 5,840.7 5,986.6 4,824.0 5,126.9 5,023.1 5,090.7 5,130.0 5,264.0 5,309.4 5,427.2 6,017.0 6,345.5 6,218.5 6,297.5 6,373.3 6,492.7 6,610.1 6,697.9 1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. 4,985.7 5,140.3 5,083.9 5,110.1 5,148.4 5,218.7 5,262.7 5,308.3 Gross national product Less: Exports of goods and services and receipts of factor income from the rest of the world 688.0 711.6 693.8 710.3 704.7 737.6 734.5 768.9 Plus: Command-basis exports of goods and services and receipts of factor income l . 691.8 724.4 705.1 720.7 719.3 752.2 756.2 787.9 Equals: Command-basis gross national product .... 4,989.5 5,153.1 5,095.2 5,120.5 5,163.1 5,233.3 5,284.5 5,327.3 Addendum: Terms of trade2 100.5 101.8 101.6 101.5 102.1 102.0 103.0 102.5 1. Exports of goods and services and receipts of factor income deflated by the implicit price deflator for imports of goods and services and payments of factor income. 2. Ratio of the implicit price deflator for exports of goods and services and receipts of factor income to the corresponding implicit price deflator for imports with the decimal point shifted two places to the right. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS 14 • August 1994 Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancia! Corporate Business in Current and Constant Dollars Table 1.14.—National Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates 1992 1993 1993 I II Seasonally adjusted at annual rates 1994 IV III I 1992 II 1993 1993 I National income Compensation of employees Wages and salaries Government Other Supplements to wages and salaries Employer contributions for social insurance ... Other labor income Proprietors' income with IVA and CCAdj Farm Proprietors' income with IVA ..... CCAdj Nonfarm Proprietors' income IVA CCAdj Rental income of persons with CCAdj Rental income of persons .. CCAdi Corporate profits with IVA and CCAdj Corporate profits with IVA .. Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits SVA CCAdj Net interest Addenda: Corporate profits after tax with IVA and CCAdj Net cash flow with IVA and CCAdj Undistributed profits with IVA and CCAdj Consumption of fixed capita! Less- IVA Equals: Net cash flow II 1994 IV III I II 4,829.5 5,131.4 5,031.1 5,094.0 5,138.5 5,262.0 5,308.7 5,422.0 3,591.2 3,780.4 3,713.1 3,761.1 3,801.7 3,845.8 3,920.0 3,979.6 2,954.8 3,100.8 3,053.9 3,085.1 3,115.9 3,148.4 3,208.3 3,257.6 567.3 583.8 580.3 580.9 586.1 587.8 595.7 602.5 2,387.5 2,517.0 2,473.6 2,504.2 2,529.8 2,560.7 2,612.6 2,655.1 636.4 679.6 659.2 676.0 685.9 697.4 711.7 722.0 307.7 328.7 324.3 355.3 315.1 344.1 324.6 351.4 327.0 358.8 330.6 366.8 338.5 373.2 343.6 378.4 418.7 4416 444.4 438.8 420.3 462.9 471.0 467.6 49.6 39.4 15.8 44.4 47.2 35.8 44.4 37.3 51.9 -7.5 44.5 -7.2 56.7 -7.2 46.5 -7.2 23.2 -7.4 51.5 -7.0 54.5 -7.3 43.1 -7.3 374.4 362.0 -.5 404.3 390.2 -.8 394.8 381.8 1.3 399.4 385.5 -.8 404.5 389.8 -.1 418.5 403.7 -.9 423.8 409.3 -.6 431.8 417.4 12.9 14.9 14.4 14.7 14.8 15.7 15.2 -1.0 15.4 -5.5 24.1 16.5 23.4 26.3 30.3 15.3 33.0 61.2 86.3 -66.7 -62.2 -63.8 -60.3 -62.6 -62.1 101.7 -86.4 -64.6 405.1 485.8 442.5 473.1 493.5 533.9 508.2 547.3 389.4 395.9 139.7 256.2 171.1 456.2 462.4 173.2 289.2 191.7 421.5 432.7 159.8 273.0 188.2 446.6 456.6 171.8 284.8 190.7 461.7 458.7 169.9 288.9 193.2 85.1 -6.4 97.5 -6.2 84.7 94.1 95.6 495.1 501.7 191.5 310.2 194.6 115.6 -11.2 471.2 483.5 184.1 299.4 196.3 103.0 -12.3 510.6 523.1 201.5 321.6 202.5 119.1 -12.5 15.7 29.5 21.0 26.5 31.7 38.8 37.0 36.8 420.0 399.5 414.6 397.6 396.7 389.1 394.2 394.4 80.3 83.6 -10.0 88.9 3.0 92.4 -6.5 97.7 265.4 312.5 282.8 301.3 323.6 342.4 324.1 345.9 491.1 528.7 496.8 515.5 543.6 558.9 559.9 570.0 94.3 120.9 94.5 110.7 130.3 147.9 127.7 143.4 396.8 407.8 -6.4 -6.2 497.5 534.9 402.3 -11.2 508.0 404.8 -10.0 525.4 413.3 3.0 540.6 411.1 -6.5 565.5 432.2 -12.3 572.2 426.6 -12.5 582.5 Billions of dollars Gross domestic product of corporate business Consumption of fixed capital .. Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies 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 Gross domestic product of financial corporate business .. Gross domestic product of nonfinancial corporate business .. Consumption of fixed capital .. 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 3,563.6 3,796.2 3,694.9 3,767.3 3,817.9 3,904.8 3,957.0 4,035.8 396.8 407.8 402.3 404.8 413.3 411.1 432.2 426.6 3,166.9 3,388.4 3,292.6 3,362.5 3,404.6 3,493.7 3,524.8 3,609.2 361.9 377.5 369.3 374.7 377.6 388.3 393.5 397.5 2,804.9 3,010.9 2,923.4 2,987.8 3,027.0 3,105.4 3,131.3 3,211.7 2,340.9 2,471.6 2,429.1 2,459.2 2,484.4 2,513.8 2,564.0 2,602.9 1,942.1 2,045.6 2,011.4 2,035.5 2,055.7 2,079.6 2,121.1 2,153.9 398.8 426.1 417.8 423.7 428.7 434.2 442.9 449.0 344.5 335.3 139.7 195.6 147.7 420.5 397.2 173.2 223.9 177.2 375.0 365.2 159.8 205.4 178.4 410.4 393.8 171.8 222.0 173.2 424.3 389.6 169.9 219.7 177.1 472.2 440.0 191.5 248.5 180.2 447.1 422.4 184.1 238.3 177.0 486.1 461.9 201.5 260.4 181.4 47.8 -6.4 15.7 46.7 -6.2 29.5 48.8 42.7 79.0 -12.3 -12.5 21.0 26.5 31.7 68.3 -6.5 38.8 61.3 -11.2 37.0 36.8 119.5 118.8 119.2 118.2 118.3 119.4 120.2 122.7 340.7 386.5 370.5 381.0 389.1 405.5 388.4 408.9 27.1 -10.0 3.0 3,222.9 3,409.7 3,324.4 3,386.3 3,428.7 3,499.3 3,568.6 3,626.9 352.9 361.5 356.9 358.8 366.5 363.7 383.7 376.8 2,870.0 3,048.2 2,967.4 3,027.5 3,062.2 3,135.6 3,184.8 3,250.1 328.9 344.0 336.1 341.3 344.3 354.3 358.9 362.5 2,541.1 2,704.2 2,631.3 2,686.2 2,717.9 2,781.3 2,825.9 2,887.6 2,151.0 2,259.2 2,225.2 2,248.5 2,269.1 2,293.9 2,337.1 2,372.8 1,782.3 1,866.2 1,839.5 1,857.7 1,873.9 1,893.8 1,929.4 1,959.5 368.7 393.0 385.7 390.8 395.2 400.1 407.7 413.3 372.2 332.8 132.5 200.3 159.5 395.8 355.9 143.3 212.6 163.0 165.5 136.3 330.9 293.5 116.8 176.7 159.8 293.5 269.3 106.2 163.0 160.6 324.4 293.7 116.7 176.9 156.7 334.3 285.7 113.5 172.2 159.4 371.6 325.4 130.8 194.6 162.3 29.2 -6.4 29.7 16.9 -6.2 43.6 2.4 -11.2 20.2 12.8 -10.0 35.4 40.7 45.7 32.2 -6.5 52.7 113.5 114.0 112.6 113.3 114.4 115.8 276.6 253.4 87.8 3.0 40.8 49.6 -12.3 -12.5 51.7 116.6 52.4 119.0 Billions of 1987 dollars Gross domestic product of nonfinancial corporate business .. Consumption of fixed capital .. Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies Domestic income 2,802.8 2,942.9 2,868.4 2,920.5 2,963.3 3,019.5 3,062.6 3,098.9 319.2 325.3 322.4 322.9 329.0 327.0 342.4 333.9 2,483.6 2,617.6 2,546.0 2,597.6 2,634.2 2,692.5 2,720.2 2,765.0 260.7 272.4 268.2 270.4 273.7 277.3 280.6 281.9 2,222.8 2,345.2 2,277.8 2,327.2 2,360.5 2,415.2 2,439.6 2,483.1 SURVEY OF CURRENT BUSINESS August 1994 2. Personal Income and Outlays. Table 2.2.—Personal Consumption Expenditures by Major Type of Product Table 2.1.—Personal Income and Its Disposition [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates 1992 1993 1993 I Personal income Wage and salary disbursements Commodity-producing industries Manufacturing Distributive industries Service industries Government Other labor income Proprietors' income with inventory valuation and capital consumption adjustments Farm Nonfarm Rental income of persons with capital consumption adjustment Personal dividend income Personal interest income Transfer payments to persons Old-age, survivors, disability, and health insurance benefits Government unemployment insurance benefits Veterans benefits Government employees retirement benefits Other transfer payments Aid to families with dependent children Other Less: Personal contributions for social insurance Less: Personal tax and nontax payments Equals: Disposable personal income Less: Personal outlays Personal consumption expenditures Interest paid by persons .... Personal transfer payments to rest of the world (net) Equals: Personal saving Addenda: Disposable personal income: Total, billions of 1987 dollars Per capita: Current dollars 1987 dollars Population (mid-period, millions) Personal saving as percentage of disposable personal income II Seasonally adjusted at annual rates 1994 I IV III 1992 II 1993 1993 I II 1994 III IV II I 5,154.3 5,375.1 5,255.5 5,364.5 5,395.9 5,484.6 5,555.8 5,651.0 2,974.8 3,080.8 2,973.9 3,085.1 3,115.9 3,148.4 3,208.3 3,257.6 757.6 773.8 578.3 588.4 682.3 701.9 967.6 1,021.4 567.3 583.8 746.3 776.4 781.4 791.0 801.9 811.4 565.8 591.4 594.9 601.7 609.4 612.6 681.2 704.0 709.6 712.6 728.6 742.4 966.1 1,023.7 1,038.8 1,057.0 1,082.0 1,101.3 580.3 580.9 586.1 587.8 595.7 602.5 328.7 344.1 418.7 355.3 441.6 444.4 351.4 438.8 358.8 420.3 44.4 37.3 49.6 39.4 15.8 374.4 404.3 394.8 399.4 404.5 366.8 462.9 44.4 418.5 373.2 471.0 47.2 423.8 378.4 467.6 35.8 431.8 -5.5 24.1 16.5 23.4 26.3 30.3 15.3 33.0 161.0 181.3 178.0 180.4 182.8 184.1 185.7 191.7 665.2 637.9 653.2 636.6 634.1 627.7 631.1 645.0 860.2 915.4 898.6 910.4 921.6 931.0 947.4 957.6 414.0 444.4 436.8 441.9 446.8 452.1 463.8 470.6 38.9 19.3 33.9 20.1 34.3 20.0 34.0 20.2 34.5 20.2 32.7 20.0 27.9 20.0 23.5 19.8 109.9 278.1 118.7 298.3 116.0 291.4 118.0 296.2 119.6 300.5 121.1 305.1 122.8 312.9 126.2 317.5 23.3 23.9 23.6 24.0 24.0 24.1 24.2 24.4 254.9 274.4 267.8 272.2 276.5 281.0 288.7 293.1 Personal consumption expenditures Durable goods Motor vehicles and parts .... Furniture and household equipment Other Nondurable goods Food Clothing and shoes Gasoline and oil Fuel oil and coal Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Other 4,136.9 4,378.2 4,294.6 4,347.3 4,401.2 4,469.6 4,535.0 4,587.3 492.7 538.0 516.1 531.2 541.9 562.8 576.2 581.8 204.1 228.0 216.6 225.7 228.4 241.4 253.0 247.5 192.5 208.9 101.1 201.6 205.5 100.0 210.6 102.9 217.7 103.7 218.1 105.1 225.0 109.3 96.1 97.8 1,295.5 1,339.2 1,327.1 1,334.2 1,340.2 1,355.2 1,368.9 1,381.0 626.8 227.7 105.5 649.7 235.4 105.6 640.4 231.8 108.4 646.0 233.2 105.6 651.7 235.9 104.1 660.8 240.7 104.4 667.9 241.9 103.2 675.7 244.0 103.1 13.0 14.0 14.1 13.9 14.2 13.9 15.5 13.1 322.5 334.4 332.4 335.5 334.2 335.4 340.4 345.0 2,348.7 2,501.0 2,451.4 2,481.9 2,519.1 2,551.6 2,589.9 2,624.5 601.3 239.4 105.7 629.0 256.3 112.8 619.0 250.6 110.5 625.9 252.9 110.1 632.4 260.4 115.5 638.8 261.3 115.1 648.2 261.1 116.3 655.2 265.8 115.4 133.7 156.7 628.3 723.0 143.5 170.6 680.5 764.7 140.1 167.3 664.1 750.5 142.8 170.0 674.5 758.7 144.9 171.5 686.1 768.8 146.2 173.6 697.3 780.7 144.8 175.4 707.4 797.8 150.4 178.0 720.8 804.7 Table 2.3— Personal Consumption Expenditures by Major Type of Product in Constant Dollars [Billions of 1987 dollars] 248.7 261.3 253.2 261.5 263.8 266.6 276.3 279.9 648.6 686.4 657.3 685.9 695.4 707.0 723.0 746.4 4,505.8 4,688.7 4,598.2 4,678.6 4,700.5 4,777.6 4,832.8 4,904.6 4,257.8 4,496.2 4,413.7 4,464.6 4,518.2 4,588.2 4,657.3 4,713.3 4,136.9 4,378.2 4,294.6 4,347.3 4,401.2 4,469.6 4,535.0 4,587.3 111.4 108.2 107.5 107.2 108.7 111.7 115.5 109.3 9.5 9.9 9.8 9.8 9.9 9.8 10.5 10.5 247.9 192.6 184.6 214.0 182.3 189.4 175.5 191.3 3,648.1 3,704.1 3,658.9 3,701.3 3,708.4 3,747.8 3,779.2 3,804.7 17,636 18,153 17,874 18,141 18,174 18,421 18,588 18,819 14,279 14,341 14,222 14,351 14,338 14,451 14,535 14,598 255.5 258.3 257.3 257.9 258.6 259.4 260.0 260.6 5.5 4.1 4.0 4.6 3.9 4.0 3.6 3.9 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Personal consumption expenditures Durable goods Motor vehicles and parts .... Furniture and household equipment Other Nondurable goods Food Clothing and shoes Gasoline and oil Fuel oil and coal Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care Other 3,349.5 3,458.7 3,417.2 3,439.2 3,472.2 3,506.2 3,546.3 3,558.6 452.6 489.9 472.5 483.7 492.7 510.8 521.7 523.3 181.8 196.1 189.7 195.1 195.0 204.7 213.7 206.6 1933 2141 2052 2099 2166 2323 787 2246 81 5 225.9 776 820 844 775 797 81 1 1,057.7 1,078.5 1,070.0 1,074.3 1,081.7 1,088.0 1,098.3 1,103.9 5147 193.2 856 11 2 253.0 5240 197.8 520.7 194.0 5223 196.1 525.1 198.6 528.1 202.4 531.9 203.8 5363 205.0 865 121 861 120 857 875 122 866 122 861 862 258.2 257.2 258.4 258.8 11 8 258.3 13.4 263.1 11 4 265.0 1,839.1 1,890.3 1,874.8 1,881.2 1,897.8 1,907.4 1,926.3 1,931.3 4852 217.8 95.2 1225 122.9 4543 558.9 4926 225.3 4898 224.1 98.6 98.5 126.7 127.9 4664 578.2 125.6 125.8 4631 572.0 4915 222.8 96.3 1265 127.6 4643 575.0 4937 227.4 99.9 127.5 128.4 4676 580.7 4954 226.9 99.6 1272 129.8 4704 584.9 4977 228.7 101.1 5000 229.0 100.4 127.7 130.9 4732 595.9 131.7 4775 5932 1286 l6 • August 1994 SURVEY OF CURRENT BUSINESS 3. Government Receipts and Expenditures. Table 3.2.—Federal Government Receipts and Expenditures Table 3.3.—State and Local Government Receipts and Expenditures [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates 1993 1993 1992 I Receipts Personal tax and nontax receipts Income taxes Estate and gift taxes Nontaxes Corporate profits tax accruals Federal Reserve banks Other Indirect business tax and nontax accruals Excise taxes . . Customs duties Nontaxes Contributions for social insurance Expenditures Purchases National defense Nondefense .. .. Transfer payments (net) To persons To rest of the world (net) ... Grants-in-aid to State and local governments Net interest paid Interest paid To persons and business To rest of the world (net) Less: Interest received by government Subsidies less current surplus of government enterprises . Subsidies Less: Current surplus of government enterprises .. Less: Wage accruals less disbursements Surplus or deficit (-), national income and product accounts Social insurance funds Other II Seasonally adjusted at annual rates 1992 1994 I 1,178.3 1,265.7 1,212.7 1,263.7 1,272.7 1,313.6 1,337.4 1,380.6 489.5 476.8 520.3 505.9 497.2 484.0 519.8 505.0 527.5 513.3 536.8 521.4 550.2 533.6 571.1 552.5 11.3 12.9 11.7 13.3 12.6 13.8 14.8 16.9 1.4 115.6 1.6 143.0 1.5 132.1 1.5 141.8 1.6 140.2 1.7 157.8 1.7 151.8 1.8 166.1 16.8 98.8 16.0 16.4 16.0 15.7 15.8 16.0 16.9 127.0 115.6 125.8 124.4 142.0 135.8 149.2 81.3 45.8 18.3 17.2 84.6 48.5 19.9 16.3 81.9 47.0 18.5 16.4 83.5 46.7 20.4 16.4 82.3 46.3 20.3 15.7 90.7 53.9 20.2 16.6 90.4 53.1 20.2 17.1 90.4 52.9 21.5 15.9 491.9 517.8 501.6 518.6 522.7 528.3 545.1 553.0 1,460.9 1,507.0 1,496.2 1,500.6 1,497.6 1,533.7 1,513.7 1,525.6 449.0 314.2 134.8 443.6 302.7 140.9 446.9 307.0 139.9 445.2 305.8 139.4 442.7 299.0 143.6 439.8 299.1 140.7 437.8 291.7 146.1 434.9 290.7 144.1 625.3 608.8 658.0 642.2 644.8 633.4 652.8 639.9 660.2 645.9 674.1 649.8 671.5 659.9 676.0 663.5 16.5 15.7 11.4 12.9 14.3 24.3 11.6 12.5 172.2 186.1 176.7 182.9 187.8 197.0 190.0 193.6 186.8 217.5 177.1 183.6 214.3 172.7 182.5 212.8 172.0 184.8 215.5 174.7 183.6 214.9 172.6 183.5 213.9 171.4 179.3 208.3 165.1 189.7 217.7 173.4 40.5 41.6 40.8 40.8 42.2 42.4 43.2 44.3 30.7 30.7 30.2 30.8 31.2 30.4 29.1 28.0 27.6 31.7 35.7 37.4 45.2 44.6 35.1 37.4 23.3 393 26.1. 41.6 35.1 37.7 31.5 34.6 4.1 1.7 -.6 2.4 2.8 2.3 2.6 3.1 0 0 0 0 0 0 0 0 -282.7 -241.4 -283.5 -237.0 -224.9 -220.1 -176.2 -145.0 33.2 34.0 24.2 36.5 36.0 39.3 49.3 53.7 -315.8 -275.4 -307.6 -273.5 -260.9 -259.4 -225.5 -198.7 1993 1993 II I IV III Receipts 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 Compensation of emolovees Other Transfer payments to persons Net interest paid Interest paid Less: Interest received by government Less: Dividends received by government Subsidies less current surplus of government enterprises . Subsidies Less: Current surplus of government enterprises .. Less: Wage accruals less disbursements Surplus or deficit (-), national income and product accounts Social insurance funds Other II 1994 II I IV III 842.9 891.0 865.0 884.3 896.0 918.8 919.1 934.2 159.1 118.1 166,1 123.3 160.2 118.1 166.1 123.4 167.9 124.9 170.2 126.6 172.9 128.7 175.3 130.6 21.8 19.1 22.7 20.1 22.3 19.7 22.5 20.2 22.8 20.2 23.2 20.4 23.5 20.7 23.7 21.1 24.2 30.3 27.7 30.0 29.7 33.7 32.3 35.4 423.1 202.1 177.5 440.7 212.4 184.0 433.7 208.4 181.8 437.9 210.6 183.3 442.4 212.8 184.8 449.0 217.8 186.4 454.2 220.7 188.0 459.5 224.0 189.8 43.5 44.3 43.5 44.0 44.8 44.9 45.6 45.7 64.5 67.8 66.7 67.5 68.2 68.9 69.7 70.5 172.2 186.1 176.7 182.9 187.8 197.0 190.0 193.6 818.1 864.7 843.4 859.0 872.1 884.3 893.9 908.5 676.3 704.7 690.2 701.2 710.2 717.4 722.0 731.4 461.7 214.6 483.0 221.7 475.4 214.8 480.6 220.6 485.9 224.3 490.2 227.2 497.1 224.9 503.4 228.1 229.0 250.4 242.4 247.7 252.9 258.6 264.3 270.7 -53.1 -53.4 -53.2 -53.3 -53.4 -53.6 -54.1 -54.6 64.8 65.1 64.9 65.0 65.1 65.2 65.3 65.5 117.9 118.4 118.1 118.3 118.5 118.8 119.4 120.1 10.1 10.4 10.2 10.3 10.4 10.5 10.7 10.8 -24.0 .4 -26.7 .4 -25.9 .4 -26.3 .4 -27.2 .4 -27.6 .4 -27.7 .4 -28.2 .4 24.4 27.1 26.3 26.7 27.5 27.9 28.1 28.6 0 0 0 0 0 0 0 0 24.8 26.3 21.6 25.3 23.9 34.5 25.2 25.7 66.4 66.3 66.3 66.4 66.3 66.2 65.9 65.8 -41.6 -40.0 -44.7 -41.1 -42.4 -31.7 -40.7 -40.1 SURVEY OF CURRENT BUSINESS August 1994 • 17 Table 3.7B.—Government Purchases by Type Table 3.8B.—Government Purchases by Type In Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 1993 II I Government purchases 1,125.3 Federal 449.0 National defense 314.2 Durable goods 80.9 Nondurable goods 10.2 Services .217.8 Compensation of employees 135.9 Military 90.2 Civilian 45.8 Other services 81.8 Structures 5.3 Nondefense 134.8 Durable goods 6.6 Nondurable goods 7.7 Commodity Credit Corporation inventory change ... -.6 8.4 Other nondurables Services 109.9 Compensation of employees 63.6 Other services 46.3 Structures 10.5 State and local 676.3 Durable goods 35.7 Nondurable goods . . 59.9 Services 486.2 Compensation of employees 461.7 Other services 24.5 Structures 94.5 1992 1994 1993 IV III I 1993 II I II 1,148.4 1,137.1 1,146.3 1,152.9 1,157.2 1,159.8 1,166.3 443.6 446.9 445.2 442.7 439.8 437.8 434.9 302.7 307.0 305.8 299.0 299.1 291.7 290.7 70.6 75.0 66.6 64.6 64.2 9.0 218.6 74.3 10.5 66.7 9.5 218.1 216.7 9.2 218.2 9.2 219.1 7.9 214.5 7.4 215.0 135.8 136.9 135.4 136.2 134.4 135.3 135.9 88.3 47.5 82.4 90.2 46.7 81.7 89.0 46.5 81.2 87.6 48.7 81.9 86.4 48.0 84.6 87.1 48.2 79.2 87.1 48.8 79.1 4.5 4.3 4.3 5.0 4.4 4.7 4.3 140.9 7.2 7.2 139.9 6.8 8.1 139.4 7.2 6.8 143.6 7.4 6.9 140.7 7.3 7.2 146.1 7.4 7.5 144.1 7.4 7.2 -.3 7.6 114.8 -.4 8.5 113.2 -.5 7.3 114.2 -.8 7.6 117.6 .3 6.9 114.3 -.2 7.7 119.2 -.1 7.3 119.1 67.9 47.0 11.7 67.1 46.1 11.8 68.2 46.0 11.3 68.1 49.6 11.7 68.1 46.2 11.9 71.0 48.2 12.0 73.1 45.9 10.5 704.7 690.2 701.2 710.2 717.4 722.0 731.4 36.9 62.6 36.5 62.1 36.8 63.0 37.2 62.5 37.3 62.6 38.0 64.3 38.3 64.9 505.7 498.9 502.8 508.5 512.5 520.5 526.7 483.0 475.4 480.6 485.9 490.2 497.1 503.4 22.6 99.6 23.5 92.8 22.2 98.6 22.6 22.3 102.0 105.0 23.5 99.2 101.5 23.3 Government purchases Federal National defense Durable goods , Nondurable goods Services Compensation of employees Military Civilian Other services Structures Nondefense Durable goods Nondurable goods Commodity Credit Corporation inventory change ... Other nondurables Services Compensation of employees Other services Structures State and local Durable goods Nondurable goods Services Compensation of employees Other services Structures 1994 1993 III IV II I 936.9 929.8 926.5 929.3 931.8 931.5 919.9 916.3 373.5 356.6 361.6 358.3 355.6 351.1 341.7 333.9 261.4 243.7 248.2 246.8 240.9 238.7 228.5 224.9 74.3 64.8 67.6 67.7 62.5 61.4 57.9 57.0 9.4 173.3 8.6 166.9 8.2 169.1 9.2 166.6 8.5 166.2 8.4 165.7 7.4 159.8 6.8 158.0 102.2 96.5 63.0 33.4 70.4 98.9 64.6 34.2 70.2 97.3 63.5 33.7 69.3 96.0 62.6 33.4 70.3 93.7 61.3 32.4 72.0 92.5 60.5 32.0 67.3 91.4 59.6 31.8 66.7 66.8 35.4 71.1 4.4 3.4 3.3 3.3 3.6 3.1 3.4 3.0 112.2 7.2 7.2 113.0 8.0 6.4 113.3 7.2 7.4 111.5 7.8 6.1 114.7 8.7 5.8 112.4 8.5 6.4 113.2 7.5 6.5 109.0 7.7 6.2 -.4 7.5 -.3 6.8 -.3 7.7 -.3 6.5 .3 6.1 -.2 6.8 -.3 6.5 -1.0 6.8 88.6 88.5 88.5 87.9 90.1 87.4 88.9 86.3 49.7 38.9 50.1 38.4 10.3 49.6 38.3 9.7 49.2 40.9 10.1 49.4 38.0 10.2 49.4 39.5 10.2 48.4 37.9 9.2 49.6 38.9 10.1 563.3 573.1 564.9 571.0 576.2 580.4 578.3 582.4 31.6 51.8 32.1 53.6 31.9 52.9 32.0 53.3 32.2 53.9 32.4 54.4 32.7 55.2 32.8 55.6 394.3 399.1 397.2 398.2 399.8 401.2 404.0 405.9 360.1 363.6 362.1 363.1 364.0 365.1 366.5 368.1 34.2 85.7 35.5 88.3 35.1 82.9 35.0 87.5 35.7 90.4 36.2 92.4 37.5 86.4 37.8 88.1 Table 3.10.—National Defense Purchases Table 3.11.—National Defense Purchases In Constant Dollars [Billions of dollars] [Billions of 1987 dollars] National defense purchases Durable goods Military equipment Aircraft Missiles Ships Vehicles Electronic equipment Other Other durable goods Nondurable goods Petroleum products ... Ammunition Other nondurable goods .... Services Compensation of employees Military Civilian Other services Contractual research and development Installation support2l Weapons support 3 Personnel support Transportation of material Travel of persons Other Structures Military facilities Other 314.2 302.7 307.0 305.8 299.0 299.1 291.7 290.7 80.9 70.6 75.0 74.3 66.7 66.6 64.6 64.2 749 231 658 705 693 61 8 61 8 596 21.7 10.5 21.3 13.0 23.2 10.1 20.8 21.5 14.1 121 3.8 6.6 151 6.0 109 3.0 6.4 134 4.8 11 2 4.3 6.6 142 4.5 126 3.2 6.8 134 5.0 9.2 99 2.3 6.4 131 4.9 9.8 100 2.1 5.6 128 4.8 604 204 9.5 93 20 6.2 131 4.2 10.2 9.5 9.0 10.5 9.2 9.2 7.9 7.4 35 34 3.4 32 35 2.8 30 33 2.7 35 43 2.7 34 28 3.0 29 37 2.5 25 30 2.4 34 17 2.3 217.8 218.1 218.6 216.7 218.2 219.1 214.5 215.0 1359 1362 87.6 48.7 81.9 1344 86.4 48.0 84.6 1353 1359 871 871 48.2 17.5 9.6 11 6 1.8 5.6 137 4.5 1358 1369 1354 902 883 902 890 45.8 46.7 81.7 46.5 81 8 47.5 82.4 792 48.8 79.1 270 274 276 275 268 276 245 266 23.2 25.3 24.3 25.9 25.7 25.1 26.8 26.0 9.0 8.0 7.8 8.3 7.2 6.1 15.1 14.7 13.8 14.8 15.5 15.6 14.4 5.3 4.3 4.6 4.4 3.9 4.0 5.0 5.0 5.3 4.1 4.6 3.9 -33 4.3 3.4 -1 6 -2.0 -2.0 8.4 14.9 4.2 4.2 -2.0 81 2 7.4 -1.3 -3.2 -1.3 5.3 4.5 4.3 4.3 5.0 4.4 4.7 4.3 35 18 31 13 29 13 31 12 35 15 3.0 14 30 17 27 15 1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to operate installations. 2. Includes depot maintenance and contractual services for weapons systems, other than research and development. 3. Includes compensation of foreign personnel, consulting, training, and education. National defense purchases Durable goods Military equipment Aircraft Missiles Ships Vehicles Electronic equipment Other Other durable goods Nondurable goods Petroleum products Ammunition „ Other nondurable goods .... Services Compensation of employees Military Civilian Other services Contractual research and development Installation support2 1 Weapons support 3 Personnel support Transportation of material Travel of persons Other Structures .. Military facilities Other . . 8.8 261.4 243.7 248.2 246.8 240.9 238.7 228.5 224.9 74.3 64.8 67.6 67.7 62.5 61.4 57.9 57.0 67.9 62.4 61.8 56.0 55.3 197 176 180 13.1 11.2 11.1 11.1 53.3 16.8 10.5 51.8 182 14.4 58.9 18.4 11.6 104 34 6.1 91 25 5.9 94 36 6.1 206 11.4 12.1 6.4 5.9 5.2 106 26 6.2 11 4 5.9 9.4 8.6 8.2 2.9 3.5 3.0 2.8 3.3 2.5 173.3 102.2 13.0 66.8 35.4 82 20 5.9 11.2 83 18 5.2 10.9 77 1.6 5.6 11.1 140 10.2 94 15 5.1 11.6 6.5 6.1 4.6 9.2 8.5 8.4 7.4 6.8 2.7 3.2 2.4 3.0 3.9 2.4 3.0 2.8 2.8 2.6 3.6 2.3 2.5 2.7 2.2 3.1 1.7 2.0 166.9 169.1 166.6 166.2 165.7 159.8 158.0 96.5 63.0 33.4 98.9 64.6 34.2 973 96.0 62.6 33.4 93.7 61.3 32.4 92.5 60.5 32.0 59.6 31.8 63.5 33.7 5.2 914 71 1 704 702 693 703 720 673 667 239 240 243 241 235 242 21 6 232 20.2 21.7 21.2 22.4 22.0 21.5 22.9 21.9 7.5 6.4 6.8 5.9 6.2 6.6 5.6 4.8 11.4 11.0 11.2 10.3 11.0 11.4 11.6 10.7 57 39 -1 5 50 3.7 -1 4 45 36 -1 5 41 35 -1 0 55 44 -23 58 35 -1 0 47 33 -23 42 29 -1 1 4.4 3.4 3.3 3.3 3.6 3.1 3.4 3.0 30 15 24 10 24 10 25 9 26 11 22 10 22 12 20 11 1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to operate installations. 2. Includes depot maintenance and contractual services for weapons systems, other than research and development. 3. Includes compensation of foreign personnel, consulting, training, and education. l8 • August 1994 SURVEY OF CURRENT BUSINESS 4. Foreign Transactions. Table 4.1.—Foreign Transactions in the National Income and Product Accounts Table 4.2.—Exports and Imports of Goods and Services and Receipts and Payments of Factor Income in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 1993 1993 I Receipts from rest of the world Exports of goods and services Merchandise l Durable Nondurable Services l . . . . 2 Receipts of factor income IV III 821.6 819.6 864.1 649.0 450.3 307.1 143.2 198.7 680.3 480.3 329.2 151.1 200.0 674.2 476.0 329.4 146.6 198.3 703.2 498.1 345.3 152.9 205.1 133.5 136.6 130.2 137.6 137.1 141.3 145.4 160.9 0 0 0 821.6 819.6 864.1 638.1 449.7 301.4 148.3 188.5 646.8 451.6 306.5 145.1 195.3 659.1 461.0 314.8 146.2 198.1 0 0 660.1 461.7 316.3 145.4 198.4 0 0 0 771.6 795.6 777.1 797.7 786.1 Imports of goods and services Merchandise 1 Durable Nondurable Services1 ... . 668.4 544.6 346.3 198.3 123.8 726.0 593.2 386.4 206.8 132.8 751.4 613.3 407.8 205.6 138.1 760.9 622.3 418.1 204.2 138.6 803.0 664.3 444.8 219.5 138.7 Payments of factor income3 127.9 132.1 122.2 134.3 128.6 143.3 146.1 166.1 26.7 40.1 24.3 29.0 10.5 11.6 30.0 10.5 12.5 5.9 6.9 Transfer payments (net) From persons (net) From government (net) From business Net foreign investment 696.4 569.3 368.4 200.9 127.1 724.3 592.1 385.5 206.6 132.2 31.8 31.5 9.5 9.9 16.5 15.7 -92.3 28.8 9.8 30.3 9.8 5.5 14.3 6.1 -68.3 -88.9 9.8 9.9 12.9 11.4 5.9 5.8 -56.6 723.5 592.6 379.6 213.0 130.9 6.1 -98.8 Exports of goods and services . Merchandise 1 Durable Nondurable Services * Imports of merchandise Foods feeds and beverages Industrial supplies and materials, except petroleum and products Durable goods Nondurable goods Petroleum and products Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods Nondurable goods Addenda: Exports of agricultural products l Exports of nonagricultural products ... Imports of nonpetroleum products ..... 37.7 28.8 42.5 1034 39.7 1041 37.8 41.0 1030 40.4 1032 32.7 29.3 33.2 28.9 36.4 28.3 26.7 29.5 34.5 30.6 34.2 31.3 266 284 276 285 284 293 286 305 24.9 26.2 25.3 25.2 26.7 27.7 26.8 27.8 298 283 262 285 282 301 278 301 14.9 14.9 14.1 14.1 13.1 14.3 14.1 15.1 13.9 15.1 131 143 141 151 139 151 39.0 1012 111 8 368 376 373 376 379 375 379 396 682 651 657 656 633 659 662 722 176.1 182.2 177.0 183.2 176.3 192.4 194.7 204.2 34.1 31.9 109.6 120.2 114.9 118.5 120.1 127.3 129.1 1382 52.7 50.4 52.4 55.0 54.3 55.9 47.0 51.5 55.4 51.4 54.7 58.3 53.7 55.2 56.9 52.8 544.6 592.1 569.3 592.6 593.2 613.3 622.3 6643 276 279 272 274 280 289 294 305 823 879 894 923 976 1028 39.2 46.7 43.0 41.4 43.3 48.7 526 40.8 43.2 451 465 461 457 488 502 45.9 516 51.5 47.6 515 57.2 50.1 41.6 51.0 134.3 152.4 142.9 150.5 152.9 163.2 170.5 179.4 889 859 11.7 10.4 12.4 12.6 10.6 11.3 11.3 37.1 44.4 38.0 38.9 40.3 41.8 35.9 900 1031 964 101 6 1036 1106 1174 1224 91.8 102.4 100.6 101.7 101.5 105.9 108.1 116.4 12.6 31.7 122.7 134.0 128.8 132.7 136.6 137.9 137.8 144.5 639 702 676 685 71 4 732 721 768 587 638 61 2 642 653 647 657 677 34.3 329 352 347 375 374 392 35.1 172 175 164 176 174 188 187 196 172 175 164 176 174 188 187 196 44.0 43.7 43.7 43.6 42.1 45.4 43.7 43.8 405.6 417.3 407.8 418.1 408.1 435.0 432.2 454.4 493.0 540.6 518.3 535.4 543.1 565.7 580.7 612.8 1. Includes parts of: exports of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable consumer goods, except automotive. 589.2 433.9 301.2 132.7 155.3 600.2 443.3 310.4 132.9 156.9 595.3 438.5 308.0 130.5 156.7 109.2 109.1 104.7 110.1 Imports of goods and services Merchandise l Durable Nondurable Services 1 611.2 512.8 333.4 179.4 Payments of factor income3 102.8 103.4 676.3 572.7 380.9 191.8 98.4 103.6 646.8 546.6 361.0 185.7 100.1 96.1 669.6 567.4 373.7 193.7 102.2 IV II 625.2 468.1 330.6 137.5 157.1 619.6 464.4 332.6 131.7 155.2 642.7 483.5 347.9 135.6 159.2 109.4 112.4 114.8 126.2 681.6 577.1 384.0 193.0 104.5 707.4 599.9 405.1 194.8 107.6 105.3 100.4 111.7 723.6 615.2 417.7 197.5 108.5 755.6 647.4 442.9 204.6 108.1 113.2 128.1 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. 2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. Table 4.4.—Exports and Imports of Merchandise by End-Use Category in Constant Dollars [Billions of 1987 dollars] Exports of merchandise 449.7 461.0 451.6 461.7 450.3 480.3 476.0 498.1 40.7 1027 III I 7.0 [Billions of dollars] 40.3 1051 II Receipts of factor income2 Table 4.3.—Exports and Imports of Merchandise by End-Use Category Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other . Durable goods Nondurable goods 602.5 446.0 312.5 133.4 156.5 1994 I -113.2 -116.4 -135.0 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. 2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. Exports of merchandise 578,8 426.5 291.4 135.2 152.3 1993 1993 II I 771.6 795.6 777.1 797.7 786.1 Capital grants received by the United States (net) Payments to rest of the world II 1992 1994 Foods feeds and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods Nondurable goods Imports of merchandise Foods, feeds, and beverages Industrial supplies and materials, except petroleum and products Durable goods Nondurable goods Petroleum and products Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods Nondurable goods Addenda: Exports of agricultural products l ....... Exports of nonagricultural products ... Imports of nonpetroleum products ..... 426.5 446.0 433.9 443.3 438.5 468.1 464.4 483.5 358 974 356 947 32.1 31.0 63.7 365 94.8 31.2 63.6 359 943 30.6 63.6 338 362 330 320 93.4 31.1 62.3 96.4 31.0 65.4 95.4 30.8 64.5 99.8 32.2 67.7 21.1 68.5 27.0 74.0 26.8 76.9 1130 47.7 47.3 25.2 653 180.7 197.6 188.6 195.4 194.6 211.9 216.7 226.8 30.7 53.9 25.9 66.6 960 1051 41.9 44.4 46.3 46.9 236 209 263 132 252 21 7 248 124 13.2 12.4 26.6 60.9 29.0 62.9 101 1 1035 105.0 1109 26.5 79.3 121 0 49.0 49.8 26.9 48.6 48.6 25.9 227 221 229 25.0 44.6 47.3 25.3 22.1 24.8 26.4 24.2 26.1 125 124 132 121 130 12.5 12.4 13.2 12.1 13.0 45.5 45.3 24.3 46.6 46.2 25.3 21 0 231 11 6 209 11.6 512.8 572.7 546.6 567.4 577.1 599.9 615.2 647.4 257 256 259 256 25.3 721 338 382 782 371 41 1 754 351 403 771 356 41 5 793 377 41 6 79.7 87.4 87.2 87.1 86.4 257 262 262 81 1 855 893 400 41 8 445 41 1 438 448 56.7 57.7 53.4 51.2 581 565 604 56.5 149.2 180.9 165.9 176.7 183.6 197.3 207.8 219.5 8.2 10.2 9.7 9.3 8.5 8.9 9.8 8.8 87.8 60.4 99.7 107.0 80.0 73.3 83.9 94.6 84.1 87.6 87.4 88.0 78.5 930 992 1026 88.9 90.3 96.6 104.9 113.9 110.2 112.8 115.9 116.7 116.9 122.2 556 604 585 591 61 3 628 61 9 657 493 535 51 6 537 546 539 550 565 287 305 29.9 320 320 332 30.3 30.0 15.1 14.9 15.2 14.4 15.0 160 16.0 166 150 151 144 152 149 160 160 166 39.8 38.6 39.1 39.3 36.9 39.1 36.6 37.5 386.7 407.4 394.8 404.0 401.6 429.1 427.8 446.0 461.6 516.3 493.2 509.7 520.4 541.8 558.6 587.0 1. Includes parts of: exports of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable consumer goods, except automotive. SURVEY OF CURRENT BUSINESS August 1994 • 5. Saving and Investment. Table 5.1.—Gross Saving and Investment Seasonally adjusted at annual rates 1992 1993 1993 I Gross saving Gross private saving Personal saving Undistributed corporate profits with inventory valuation and capital consumption adjustments Undistributed profits Inventory valuation adjustment Capital consumption adjustment Corporate consumption of fixed capital Noncorporate consumption of fixed capital Wage accruals less disbursements Government surplus or deficit (-), national income and product accounts Federal State and local Capital grants received by the United States (net) Gross investment Gross private domestic investment Net foreign investment Statistical discrepancy II 1994 II I IV III 825.8 886.2 914.3 760.1 775.0 788.9 980.8 1,002.5 1,022.0 247.9 192.6 184.6 986.6 214.0 989.9 1,011.4 1,037.3 1,033.7 182.3 189.4 175.5 191.3 94.3 85.1 120.9 94.5 84.7 110.7 130.3 94.1 95.6 -6.4 -6.2 -11.2 -10.0 15.7 29.5 21.0 26.5 31.7 396.8 407.8 402.3 404.8 261.8 261.2 260.6 257.2 -20.0 20.0 80.0 722.9 787.5 97.5 0 147.9 115.6 127.7 103.0 143.4 119.1 -6.5 -12.3 -12.5 38.8 37.0 36.8 413.3 411.1 432.2 426.6 264.1 263.0 301.8 272.3 3.0 0 0 0 0 -257.8 -215.0 -261.9 -211.6 -201.0 -185.6 -151.1 -119.3 -282.7 -241.4 -283.5 -237.0 -224.9 -220.1 -176.2 -145.0 26.3 24.8 0 0 21.6 25.3 0 0 23.9 0 34.5 0 25.7 25.2 0 0 850.2 896.7 731.7 789.8 785.5 780.8 783.4 788.3 -56.6 882.0 -92.3 853.8 -68.3 869.7 -88.9 882.2 922.5 966.6 1,031.7 -98.8 -113.2 -116.4 -135.0 8.8 2.3 25.5 5.7 -5.5 809.3 -16.5 -17.7 -36.1 Table 5.4.—Fixed Investment by Type Table 5.5.—Fixed Investment by Type in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 1993 1993 I Fixed investment Nonresidential Structures Nonresidential buildings, including farm Utilities Mining exploration, shafts, and wells Other structures Producers' durable equipment Information processing and related equipment Computers and peripheral eauioment 1 Other Industrial equipment Transportation and related eauiDment ... . ota_!!...:::::::::::::::::::::::::: Residential Structures Single family Multifamily Other structures Producers' durable equipment 785.2 866.7 561.4 616.1 171.1 173.4 III IV I 609.3 619.0 646.3 665.4 683.4 172.3 173.9 176.7 172.7 181.4 119.0 127.0 34.7 34.4 34.9 34.2 34.1 34.4 34.7 35.5 11.8 12.2 12.7 12.8 10.1 12.0 11.4 11.1 11.1 9.9 9.2 9.0 9.1 8.6 7.9 7.9 390.3 442.7 419.2 437.0 445.1 469.6 492.7 502.0 132.0 151.5 140.4 146.1 155.0 164.4 42.5 97.8 91.5 169.3 177.0 52.6 53.4 36.5 95.5 86.0 104.5 91.5 80.8 104.2 100.0 107.3 101.4 107.9 118.6 112.5 90.7 94.4 90.4 87.4 89.0 97.8 101.5 47.0 96.7 44.8 49.1 51.5 116.7 123.6 101.4 105.9 112.9 94.6 97.9 102.9 107.0 111.0 223.8 250.6 243.9 241.8 249.3 267.2 277.1 284.1 216.5 242.8 236.4 234.2 241.5 259.2 269.1 275.8 152.5 156.5 116.5 133.3 129.9 128.1 132.0 143.2 13.1 86.9 7.3 10.8 98.8 7.7 10.6 95.9 7.5 10.3 95.8 7.6 11.2 98.3 7.8 11.1 11.4 13.0 105.0 105.2 106.4 8.0 8.0 8.3 1993 1993 I II 851.1 868.3 913.5 942.5 967.5 114.7 117.6 114.0 115.2 118.7 122.3 1. Includes new computers and peripheral equipment only. 833.7 589.8 170.6 II 1992 1994 Fixed investment Nonresidential Structures Nonresidential buildings, including farm Utilities Mining exploration, shafts, and wells Other structures Producers' durable equipment Information processing and related equipment Computers and peripheral equipment l Other Industrial equipment Transportation and related equipment Other Residential Structures Single family Multifamily Other structures Producers' durable equipment II 1994 III IV I II 722.9 804.6 770.7 787.3 808.8 851.7 873.4 891.9 525.9 591.6 560.3 581.0 597.9 627.2 643.6 657.9 149.8 147.7 147.2 100.8 100.0 147.3 147.5 29.9 28.8 98.4 29.7 98.5 28.7 10.3 10.7 11.1 11.2 8.9 8.2 8.0 9.0 148.7 144.1 150.7 100.5 102.7 28.5 10.5 8.0 28.5 9.9 7.6 99.2 28.4 9.6 6.9 105.2 28.8 9.7 6.8 376.2 443.9 413.0 433.7 450.3 478.5 499.4 507.3 156.8 200.9 178.7 190.8 208.9 225.2 233.2 242.0 68.3 88.5 71.7 78.3 69.4 105.4 95.5 79.2 87.8 76.1 88.8 89.8 75.6 98.0 92.8 77.5 84.5 74.3 90.4 74.9 112.2 122.5 127.2 130.2 96.7 102.7 106.0 111.9 79.9 83.6 86.4 88.9 85.3 76.2 90.9 78.9 98.5 81.3 92.6 83.7 196.9 213.0 210.4 206.3 211.0 224.5 229.9 234.0 189.9 205.7 203.2 199.1 203.5 216.9 222.4 226.2 102.4 112.1 111.2 108.5 110.2 118.3 125.1 127.7 11.7 9.6 9.2 9.5 9.9 9.7 10.0 11.2 75.8 7.0 84.1 7.4 1. Includes new computers and peripheral equipment only. 82.5 7.2 81.3 7.2 83.5 7.5 88.9 7.6 87.3 7.5 87.3 7.8 SURVEY OF CURRENT BUSINESS 2O • August 1994 Table 5.11.—Change in Business Inventories by Industry in Constant Dollars Table 5.10.—Change in Business Inventories by Industry [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates 1992 1993 1993 I Change in business inventories Farm Nonfarrn Change in book value Inventory valuation adjustment Manufacturing Durable goods Nondurable goods Wholesale trade . Durable goods Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods Retail trade Durable goods Automotive Other Nondurable goods Other Durable goods Nondurable goods II 9.0 15.4 20.1 18.6 13.9 5.7 -4.7 -1.6 -5.3 -10.3 -1.7 20.1 28.4 -8.3 21.6 37.6 23.9 38.1 24.2 19.6 -15.9 -14.2 10.7 18.4 -7.7 -2.0 -2,3 -2.9 -5.9 6.4 -9.1 4.7 .3 3.0 3.2 -.1 3.4 2.5 -10.8 2.6 -5.5 -.1 -5.2 7.5 3.8 3.7 4.9 2.2 2.8 2.9 0 2.9 7.5 .8 6.7 8.1 7.1 1.0 7.4 3.9 3.4 .1 -.1 .2 5.0 2.1 2.9 -.1 .1 -.2 2.2 -.3 2.5 .7 .3 .4 7.0 2.3 4.7 .5 -11.9 -15.0 3.1 3.9 .6 .7 -.1 3.3 -2.2 -2.4 .2 5.3 _ -| 5^4 5.1 10.5 6.9 3.5 3.4 -5.0 -3.3 -1.7 6.5 4.1 -2.5 .6 2.0 -3.1 1.8 .8 -.9 1.8 1.0 26.7 16.3 14.4 10.3 10.6 -1.5 1.8 1.8 8.2 7.7 6.4 5.8 .6 3.6 -18.3 -20.8 1.1 J .4 -2.0 .1 -.2 .3 1.0 .9 .1 -3.2 -2.2 -1.0 9.9 1.1 64.2 60.5 81.4 8.3 5.3 2.9 -1 -2.0 3.8 7.7 -3.9 17.4 17.6 -.2 15.6 17.2 -1.7 1.1 2.1 1.8 .3 1.5 -1.0 2.7 6.2 3.0 3.2 27.4 8.1 -3.5 -2.7 10.8 19.2 13.3 11.9 14.7 9.2 5.5 1993 1993 I II 22.3 40.6 -5.4 -8.7 2.2 9.1 24.1 5.7 4.6 7.2 -.5 11.3 I IV III 3.0 -2.7 Seasonally adjusted at annual rates 1992 1994 Change in business inventories Farm Nonfarm Manufacturing Durable goods Nondurable goods Wholesale trade Durable goods Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods Retail trade Durable goods Automotive Other Nondurable goods Other Durable goods . . Nondurable goods II 1994 IV 10.8 2.5 15.3 18.5 18.9 13.0 4.5 -3.2 -1.2 -3.9 -7.9 -2.0 18.5 19.7 22.8 20.9 -10.2 -13.1 2.9 -1.3 10.7 .5 3.1 6.5 3.4 3.1 4.3 2.0 2.4 2.6 -.1 2.7 7.3 .9 6.4 6.8 6.4 .4 6.4 3.5 2.9 .1 -.1 .2 4.4 1.9 2.5 0 .1 -.2 2.1 -.3 2.4 .6 .2 .4 6.8 2.2 4.6 .5 9.1 5.9 3.3 3.6 .6 .6 0 3.0 9.1 4.7 0 4.7 4.4 23.2 14.1 12.6 5.9 2.9 3.0 -4.3 -2.9 -1.4 .2 -1.8 -4.9 2.5 2.5 0 1.8 1.8 1.0 -.8 1.8 .8 1.5 9.1 .7 .8 0 4 .5 29 -.3 -.1 1.1 1.0 .1 6.2 3 5.0 4.0 -7.4 22.1 9.9 6.8 3.1 -1.0 .3 -1.3 -2.0 -1.8 -.1 1.0 2.2 12 2.0 5.0 2.5 2.5 -4.5 7.0 6.5 9.8 1.9 7.9 3.3 -7.7 -3.5 -4.2 -2.3 -1.3 25.4 .1 3.9 .8 3.1 -1.9 -2.1 -.8 8.5 1.1 5.3 5.0 .3 II I III 12.7 Inventories l Farm Nonfarm Durable goods 1993 1994 . Nondurable goods Manufacturing Durable goods Nondurable goods Wholesale trade Durable goods . Nondurable goods Merchant wholesalers Durable goods .. Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods Retail trade Durable goods Automotive Other . Nondurable goods Other Final sales of domestic business2 Final sales of goods and structures of domestic business2 Ratio of inventories to final sales of domestic business Inventories to final sales ... Nonfarm inventories to final sales Nonfarm inventories to final sales of goods and structures 95.6 96.7 97.6 99.1 95.2 1,022.6 1,027.4 1,034.6 1,040.8 1,046.6 1,071.6 569.9 571.2 576.1 582.9 588.0 603.8 452.7 456.2 458.5 457.9 458.6 467.7 397.9 246.2 151.7 397.3 245.8 151.5 397.0 245.8 151.2 394.6 245.2 149.4 395.9 246.3 149.6 402.1 251.6 150.6 252.9 157.5 254.6 158.2 257.5 160.4 259.9 161.7 260.0 162.4 265.6 167.1 95.3 96.4 97.1 98.2 97.7 98.5 224.6 139.9 226.3 141.0 230.0 143.2 232.2 144.1 231.8 144.1 237.0 148.9 84.7 28.3 17.7 10.6 85.3 28.3 17.2 11.1 86.9 27.5 17.2 10.3 88.0 27.7 17.5 10.2 87.8 28.2 18.3 88.1 28.6 18.3 10.4 276.1 130.7 277.2 131.7 279.7 132.4 282.0 135.4 283.0 136.6 68.2 62.5 69.0 62.7 67.0 65.4 66.8 68.6 67.5 69.2 68.5 72.3 151.8 9.9 292.6 140.9 145.5 145.5 147.3 146.6 146.4 95.6 98.3 100.4 104.4 107.7 111.1 438.1 442.8 447.4 457.1 462.6 467.4 238.8 241.5 243.0 250.8 253.9 255.8 2.56 2.33 2.54 2.32 2.53 2.31 2.49 2.28 2.48 2.26 2.50 2.29 4.28 4.25 4.26 4.15 4.12 4.19 1. Inventories are as of the end of the quarter. 2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross product of households and institutions and general government and includes a small amount of final sales by farm. I II 1,122.0 1,123.0 1,131.3 1,138.4 1,145.7 1,166.7 99.5 1.7 .2 1.5 23.3 6.9 -2.1 9.1 3.5 6.9 Seasonally adjusted quarterly totals Seasonally adjusted quarterly totals I -.5 13.0 15.0 -2.0 10.4 7.5 3.7 [Billions of 1987 dollars] IV 14.7 15.2 11.3 7.7 5.0 [Billions of dollars] III -^.1 4.2 7.7 9.1 4.2 1993 3.3 7.4 16.4 Table 5.13.—inventories and Final Sales of Domestic Business by Industry in Constant Dollars II 4.6 51.8 -3.0 Table 5.12.—Inventories and Final Sales of Domestic Business by Industry I §6.3 Inventories l Farm Nonfarm Durable goods Nondurable goods Manufacturing Durable goods Nondurable goods Wholesale trade Durable goods .. Nondurable goods Merchant wholesalers Durable goods Nondurable goods Nonmerchant wholesalers Durable goods Nondurable goods Retail trade Durable goods Automotive Other Nondurable goods Other Final sales of domestic business2 Final sales of goods and structures of domestic business2 Ratio of inventories to final sales of domestic business Inventories to final sales Nonfarm inventories to final sales Nonfarm inventories to final sales of goods and structures II 993.1 1994 I IV III II 997.9 1,001.1 1,003.8 1,010.2 1,024.2 88.4 87.4 85.5 85.5 86.3 87.5 904.7 510.2 394.5 910.4 511.4 399.0 915.6 514.8 400.9 918.3 517.0 401.3 923.8 521.9 401.9 936.8 530.2 406.6 360.0 226.5 133.4 361.0 226.7 134.2 361.6 227.4 134.2 359.7 226.5 133.2 362.1 228.2 133.9 363.0 230.1 132.9 220.2 138.9 222.0 139.1 223.7 140.7 223.9 140.9 223.7 140.9 227.3 144.8 81.4 83.0 83.1 83.0 82.7 82.6 195.4 123.3 197.1 123.9 199.3 125.3 199.2 125.3 198.7 124.8 202.0 128.6 72.0 24.8 15.5 73.2 25.0 15.2 74.0 24.4 15.3 74.0 24.7 15.6 73.9 24.9 16.1 73.4 25.3 16.2 9.3 9.8 9.1 9.1 8.8 9.2 239.4 114.7 239.9 114.9 241.4 114.9 242.7 115.9 243.2 117.1 249.0 118.8 60.8 53.9 60.6 54.3 58.8 56.1 57.6 58.2 58.3 58.9 57.7 61.1 124.7 124.9 126.5 126.8 126.1 130.1 85.1 87.6 88.9 92.1 94.9 97.5 361.1 363.5 366.7 373.4 375.6 377.0 206.0 208.2 210.0 216.3 217.5 218.4 2.75 2.51 2.75 2.50 2.73 2.50 2.69 2.46 2.69 2.46 2.72 2.49 4.39 4.37 4.36 4.24 4.25 4.29 1. Inventories are as of the end of the quarter. Quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the constant-dollar change in business inventories component of GDP is stated at annual rates. 2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross product of households and institutions and general government and includes a small amount of final sales by farm. SURVEY OF CURRENT BUSINESS August 1994 • 21 6. Income, Employment, and Product by IndustryTable 6.1 C.—National Income Without Capital Consumption Adjustment by Industry Table 6.16C,—Corporate Profits by Industry [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 II I National income without capital consumption adjustment Domestic industries Private industries Agriculture, forestry, and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Transportation Communications Electric, gas, and sanitary services .... Wholesale trade Retail trade Finance, insurance, and real estate Services Government Rest of the world III IV I I II 4,875.3 5,156.4 5,066.7 5,120.2 5,162.1 5,276.7 5,350.3 5,441.7 4,869.8 5,151.9 5,058.7 5,116.8 5,153.5 5,278.7 5,351.0 5,447.0 4,131.4 4,386,7 4,299.3 4,355.4 4,385.2 4,507.0 4,567.5 4,653.9 100.2 106.0 40.4 40.3 40.6 73.4 39.8 103.8 38.8 40.9 1079 39.7 203.3 215.4 208.8 212.5 217.7 222.7 227.9 862.8 483.7 379.1 911.9 514.3 397.6 881.0 490.8 390.2 908.1 509.2 398.9 913.1 518.2 394.9 945.5 539.1 406.4 967.1 554.9 412.2 361.8 153.4 102.6 384.8 166.1 107.6 378.2 161.6 105.7 380.8 163.8 108.5 388.1 168.9 108.4 392.2 170.2 107.7 391.0 169.3 110.1 105.8 111.1 110.9 108.5 110.9 114.3 111.6 279.5 420.3 288.6 444.9 280.9 437.5 290.9 441.2 288.3 449.4 294.3 451.4 300.2 455.8 951 972 ::::: 781.3 846.0 834.1 836.2 848.4 865.2 860.7 1,083.3 1,159.6 1,132.5 1,147.9 1,167.1 1,190.9 1,217.2 738.4 765.2 759.3 761.5 768.3 5.6 4.5 8.0 3.3 8.5 771.7 -1.9 783.5 -.7 1993 1993 1994 1993 1993 1992 793.1 -5.2 Corporate profits with inventory valuation and capital consumption adjustments Domestic industries Financial Nonfinancial ... Rest of the world Receipts from the rest of the world ... Less: Payments to the rest of the world Corporate profits with inventory valuation adjustment Domestic industries Financial Federal Reserve banks Other Nonfinancial Manufacturing Durable goods Primary metal industries Fabricated metal products .... Industrial machinery and equipment Electronic and other electric equipment Motor vehicles and equipment Other Nondurable goods Food and kindred products ... Chemicals and allied products Petroleum and coal products Other Transportation and public utilities .. Wholesale and retail trade Other Rest of the world II 1994 III IV I II 405.1 485.8 442.5 473.1 493.5 533.9 508.2 547.3 344.5 420.5 375.0 410.4 424.3 472.2 447.1 486.1 90.3 74.9 90.0 100.6 86.0 81.5 67.9 89.5 276.6 330.9 293.5 324.4 334.3 371.6 372.2 395.8 60.6 65.4 4.8 65.3 74.2 8.9 67.5 71.5 4.0 62.7 75.3 12.6 69.1 75.2 6.1 389.4 456.2 421.5 446.6 461.7 61.7 74.7 61.1 77.6 61.2 80.0 13.0 16.6 18.8 495.1 471.2 510.6 328.8 391.0 354.0 383.8 392.6 433.4 410.1 449.4 100.1 103.9 114.6 89.6 106.0 95.9 81.9 103.7 17.8 64.2 16.0 87.7 16.4 79.6 15.9 84.2 15.7 88.2 15.8 98.8 16.0 73.6 16.9 89.1 246.9 287.3 258.0 283.7 288.7 318.8 320.5 343.4 96.2 114.2 112.4 134.2 145.1 94.5 114.2 35.5 -.4 7.5 61 9.0 49.4 .2 6.8 74 11.9 4.1 34.1 -1.3 5.7 56 10.4 -.9 47.2 .6 7.0 71 9.1 4.0 -1.5 14.8 58.9 17.5 19.0 64.9 16.9 14.6 62.1 19.1 19.4 67.0 16.4 15.8 -1.4 27.1 55.6 54.8 42.0 60.6 17.5 25.8 65.0 61.2 46.9 65.3 18.6 -1.7 26.1 61.3 56.0 44.7 67.5 27.7 61.9 63.3 44.3 62.7 4.7 16.9 6.0 52.2 _2 6.7 91 13.0 3.1 20.4 60.2 16.3 15.7 5.4 22.9 67.0 62.0 47.3 69.1 64.0 1.8 7.8 76 71.4 .2 9.0 93 14.9 16.6 10.3 21.5 70.2 15.9 14.4 21.8 73.8 20.9 18.8 9.1 26.4 69.7 63.7 51.3 61.7 18.4 5.5 29.0 63.4 59.0 53.0 61.1 " 81 2 SURVEY OF CURRENT BUSINESS 22 • August 1994 7. Quantity and Price Indexes. Table 7.1.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product [Index numbers, 1987=100] Seasonally adjusted Seasonally adjusted 1992 I Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weignts Implicit price deflator Personal consumption expenditures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator Durable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator Nondurable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator Services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Imnlint nrirp ripflfltnr Gross private domestic investment: Current dollars Quantity indexes: PivoH 1QR7 u/oinhtQ Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Fixed investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Imolicit orice deflator II 1992 1994 1993 1993 III IV 132.6 139.7 137.4 138.8 140.1 142.7 I II 144.8 147.3 109.7 113.1 111.8 112.5 113.2 114.9 115.9 117.0 109.4 112.2 111.2 111.7 112.2 113.6 114.5 115.6 109.3 112.0 111.0 111.5 112.0 113.4 114.3 115.4 121.9 121.2 121.4 120.9 125.5 124.6 124.8 123.5 135.5 143.4 124.4 123.6 123.8 122.9 125.2 124.3 124.5 123.4 140.7 142.4 125.8 124.9 125.1 123.7 126.6 125.6 125.8 124.1 144.2 146.4 127.5 126.6 126.8 125.0 128.5 127.5 127.7 125.9 148.6 150.3 109.7 113.3 112.0 112.7 113.8 114.9 116.2 116.6 109.3 112.5 111.3 111.9 112.9 113.9 115.1 115.5 109.3 112.5 111.3 111.9 112.9 113.8 115.1 115.5 124.6 124.1 124.1 123.5 128.1 127.5 127.5 126.6 127.0 126.5 126.5 125.7 127.8 127.3 127.3 126.4 128.3 127.7 127.7 126.8 129.1 128.6 128.6 127.5 129.8 129.2 129.2 127.9 130.7 130.2 130.2 128.9 122.0 133.3 127.8 131.6 134.2 139.4 142.7 144.1 112.1 121.4 117.0 119.8 122.0 126.5 129.2 129.6 110.6 118.8 114.9 117.5 119.3 123.3 125.7 125.8 110.7 118.9 115.1 117.7 119.5 123.4 125.9 126.0 111.6 110.4 110.2 108.9 113.9 112.2 112.1 109.8 112.7 111.2 111.1 109.2 113.7 112.0 111.8 109.8 114.3 112.5 112.3 110.0 115.0 113.1 113.0 110.2 115.5 113.6 113.4 110.5 116.7 114.6 114.4 111.2 128.1 132.4 131.3 132.0 132.5 134.0 135.4 136.6 104.6 106.7 105.8 106.3 107.0 107.6 108.6 109.2 107.2 108.2 108.7 104.4 106.3 105.5 105.9 106.6 104.4 106.3 105.5 105.9 106.6 107.1 108.1 108.7 123.0 122.7 122.7 122.5 125.0 124.6 124.6 124.2 124.7 124.4 124.4 124.0 143.4 152.7 149.7 125.0 124.6 124.6 124.2 124.7 124.3 124.4 123.9 125.4 125.0 125.1 124.6 151.6 153.8 155.8 125.4 125.2 125.2 124.6 125.9 125.6 125.6 125.1 158.2 160.3 112.3 115.4 114.5 114.9 115.9 116.5 117.6 118.0 112.0 114.8 113.9 114.3 115.3 115.8 116.9 117.3 117.3 112.0 114.8 113.9 114.3 115.3 115.8 116.9 128.7 128.3 128.3 127.7 133.5 133.0 133.0 •loo q 131.9 131.5 131.5 130.8 133.1 132.6 132.6 131.9 105.2 117.7 113.9 116.1 96.8 95.5 95.5 133.9 133.5 133.5 132.7 135.0 134.5 134.5 133.8 117.7 123.1 135.9 135.5 135.5 134.4 137.0 136.6 136.6 135.9 129.0 137.7 109.4 105.3 107.6 109.7 115.1 120.0 126.6 114.1 121.0 105.4 102.6 104.1 105.2 109.6 114.1 120.9 105.4 102.7 104.1 105.2 109.6 108.6 119.9 115.3 117.7 120.1 126.4 130.4 133.8 100.0 111.3 106.6 108.9 111.9 117.8 120.8 123.4 103.2 104.8 106.6 111.8 114.6 116.9 98.0 106.6 98.5 107.2 103.8 105.3 107.2 112.4 115.1 117.5 112.0 110.9 110.3 108.6 114.4 112.4 111.9 107,7 114.7 115.3 116.2 117.0 113.3 114.1 111.7 112.3 112.7 113.0 113.8 114.6 111.2 111.7 112.1 112.4 113.3 114.0 1081 1074 1073 1079 108.5 10R? 1993 1993 I Nonresidential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Implicit price deflator Structures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Implicit price deflator Producers' durable equipment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Implicit price deflator Residential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Implicit price deflator Exports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator ... Imports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights .. . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator 112.8 123.8 118.5 II 1994 III IV I II 122.4 124.4 129.8 133.7 137.3 105.7 118.8 112.6 116.7 120.1 126.0 129.3 132.2 102.8 112.1 107.6 110.9 112.5 117.4 120.3 122.8 103.5 112.9 108.4 111.6 113.3 118.1 121.1 123.6 111.2 109.7 109.0 106.7 113.0 110.4 109.7 104.1 112.2 110.0 109.3 105.3 99.9 101.2 99.6 87.4 86.2 85.9 86.0 86.1 86.8 84.1 87.9 87.5 86.2 86.0 86.0 86.1 86.8 84.2 88.0 87.5 86.2 86.0 86.0 86.1 86.8 84.2 88.0 114.1 114.2 114.2 114.2 117.3 117.4 117.4 117.4 115.8 115.8 115.8 115.9 116.9 116.9 116.9 116.9 117.8 117.9 117.9 117.9 118.8 118.8 118.8 118.8 119.7 119.7 119.7 119.8 120.3 120.3 120.3 120.4 112.8 110.4 109.6 104.9 113.3 110.5 109.8 103.5 113.7 110.7 109.9 103.0 114.4 111.3 110.5 103.4 115.1 111.9 111.2 103.9 100.6 101.5 103.1 100.8 105.9 119.6 135.6 128.4 133.9 136.3 143.8 150.9 153.8 115.2 136.0 126.5 132.8 137.9 146.6 153.0 155.4 111.2 126.5 119.6 124.7 127.2 134.4 140.5 142.3 141.4 143.3 112.1 127.4 120.6 125.6 128.2 135.3 109.7 110.7 110.3 107.5 107.2 107.3 106.7 106.5 106.6 103.8 99.7 101.5 99.4 110.7 110.9 111.1 111.7 112.5 107.4 107.2 107.1 107.5 108.2 106.6 106.4 106.3 106.7 107.4 98.7 100.8 98.8 98.1 99.0 111.2 108.3 107.3 110.7 118.6 123.0 126.2 87.4 94.6 93.4 91.6 93.7 99.7 87.4 87.4 94.6 94.7 93.4 93.5 91.6 91.7 93.6 93.7 99.7 99.8 113.6 113.7 113.6 113.7 117.4 117.6 117.5 117.6 115.7 115.9 115.8 115.9 116.9 117.2 117.1 117.2 118.0 118.2 118.1 118.2 118.8 119.0 118.9 119.0 102.1 103.9 102.1 103.9 102.2 104.0 120.2 120.4 120.3 120.5 121.1 121.4 121.3 121.4 175.3 181.1 177.7 181.4 178.3 186.9 185.3 193.2 159.0 165.5 161.9 164.9 163.6 171.8 170.2 176.6 155.5 159.7 157.1 159.8 157.2 164.8 162.4 168.4 156.5 160.8 158.2 160.9 158.3 165.8 163.5 169.5 113.9 112.8 112.0 110.2 115.3 113.4 112.6 109.4 114.7 113.1 112.4 109.8 131.8 142.9 137.3 142.7 143.2 148.2 150.1 158.4 115.3 113.5 112.8 110.0 115.4 113.4 112.7 109.0 115.6 113.5 112.7 108.8 116.7 114.2 113.5 108.8 117.4 114.9 114.2 109.4 120.5 133.4 127.6 132.1 134.4 139.5 142.7 149.0 116.3 126.7 122.0 125.7 127.2 131.7 134.4 139.9 117.5 127.9 123.3 127.0 128.5 132.9 135.6 141.2 115.4 113.6 112.5 109.4 115.2 112.8 111.7 107.1 114.7 112.6 111.5 107.7 115.9 113.5 112.4 108.1 115.0 112.5 111.4 106.5 115.3 112.5 111.4 106.2 114.5 111.6 110.5 105.2 116.4 113.3 112.2 106.3 SURVEY OF CURRENT BUSINESS August 1994 • 23 Table 7.1.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product—Continued Table 7.2.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product, Final Sales, and Purchases [Index numbers, 1987=100] [Index numbers, 1987=100] Seasonally adjusted Se asonally adjust ed 1992 19 93 1993 I II Government purchases: 127.7 130.3 129.0 130.0 Current dollars Quantity indexes: 1063 1055 Fixeo 1987 weights 1051 1054 Chain-type annual weights Benchmark-years weights Price indexes: 120.8 124.5 1235 124.3 Fixed 1987 weights Chain-type annual weights Benchmark-years weights 1201 1235 1227 1234 Implicit price deflator Federal: 116.6 115.2 1161 115.6 Current dollars Quantity indexes: 970 927 939 931 Fixea 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: 121.5 126.1 125.0 125.7 Fixed 1987 weights Chain-type annual weights Benchmark-years weights 120.2 124.4 123.6 124.2 Implicit price deflator National defense: 107 fi 1037 105.1 1047 Current dollars Quantity indexes: 83.4 85.0 89.5 84.5 Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: 122.0 126.6 125.6 126.0 Fixed 1987 weights Chain-type annual weights Benchmark-years weights 120.2 124.2 123.7 1?39 Implicit price deflator Nondefense: 1451 1517 1507 150.1 Current dollars Quantity indexes: 120.8 121.7 122.0 120.1 Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: 119.8 1243 1230 1247 Fixed 1987 weights Chain-type annual weights . .. Benchmark-years weignts 120.2 124.7 1?3fi 125.0 Implicit price deflator State and local: 1362 141 9 1390 Current dollars 141 2 Quantity indexes: 113.4 115.4 113.8 115.0 Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: 1203 1234 1224 1232 Fixed 1987 weights Chain-type annual weights Benchmark-years weignts 120.1 123.0 122.2 122.8 Implicit price deflator 1992 19 34 III IV I 1057 1057 1044 1039 124.9 1254 126.7 1283 1237 1242 1261 1273 115.0 1142 113.7 1130 924 91 2 888 867 126.5 1270 128.5 131.1 124.5 125.3 128.1 130.2 102.4 102.4 999 996 82.5 81.7 78.2 77.0 127.0 127.9 129.0 131.2 124.1 125.3 127.7 129.3 1546 151 4 157.3 1552 123.5 121.0 121.8 117.4 1251 1244 1272 1309 125.2 125.1 129.1 132.2 1430 1445 1454 1473 116.0 116.9 116.4 117.3 1237 124 1 1253 1261 123.3 123.6 125.6 124.9 NOTE.—The quantity and price indexes in this table are calculated from weighted averages of the detailed output and prices used to prepare each aggregate and component. The fixed-weighted measures use as weights the composition of output in 1987. For the alternative indexes, the chain-type indexes with annual weights use weights for the preceding and current years, and the indexes with benchmark-years weights use weights of 1959, 1963, 1967, 1972, 1977, 1982, and 1987 and the most recent year. Percent changes from preceding period for selected items in this table are shown in table 8.1. I II 130.8 131.3 131.6 132.3 1993 1993 Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator .. Final sales of domestic product1: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights . Benchmark-years weights Implicit price deflator Gross domestic purchases2: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator Final sales to domestic purchasers3: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator II 1994 III IV I II 132.6 139.7 137.4 138.8 140.1 142.7 144.8 147.3 109.7 113.1 111.8 112.5 113.2 114.9 115.9 117.0 121.9 125.5 124.4 125.2 125.8 126.6 127.5 128.5 122.9 123.4 123.7 124.1 125.0 125.9 133.3 140.2 137.7 120.9 123.5 139.2 140.6 143.3 145.1 146.7 110.3 113.4 112.0 112.7 113.6 115.4 116.0 116.4 122.0 125.6 124.5 125.3 125.9 126.7 127.7 128.6 120.9 123.6 122.9 123.5 123.8 124.2 125.1 126.0 129.2 136.8 134.2 135.9 137.4 139.9 142.2 144.9 107.0 111.2 109.6 110.5 111.6 113.2 114.6 115.8 121.8 125.2 124.1 124.9 125.4 126.2 127.0 128.0 122.5 123.0 123.2 123.6 124.2 125.1 136.2 144.3 120.7 123.0 137.9 140.4 142.5 110.7 111.9 113.6 114.7 115.2 125.3 124.2 125.0 125.5 126.3 127.1 128.1 120.7 123.1 122.5 123.1 123.2 123.6 124.3 125.2 129.9 137.3 134.5 107.6 111.5 121.9 109.8 1. Equals GDP less change in business inventories. 2. Equals GDP less net exports of goods and services or equals the sum of personal consumption expenditures, gross private domestic investment, and government purchases. 3. Equals gross domestic purchases less change in business inventories or equals the sum of personal consumption expenditures, gross private domestic fixed investment, and government purchases. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS 24 • August 1994 Table 7.3.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross National Product and Command-Basis Gross National Product Table 7.6.—Price Indexes for Fixed Investment by Type, Fixed 1987 Weights [Index numbers, 1987=100] [Index numbers, 1987=100] Seasonally adjusted Seasonally adjusted 1992 1992 1993 1993 I II 1994 III IV I 132.6 139.7 137.4 138.7 140.1 142.5 144.7 147.0 109.7 113.1 111.9 112.4 113.3 114.8 115.8 116.8 121.8 125.4 124.4 125.1 125.7 126.5 127.5 128.4 120.9 123.5 122.8 123.3 123.7 124.1 124.9 125.8 Less: Exports of goods and services and receipts of factor income: Current dollars Quantity index, fixed 1987 weights ... 164.5 169.6 165.7 170.1 167.6 175.2 174.8 184.3 146.7 151.7 147.9 151.5 150.2 157.3 156.6 163.9 Plus: Command-basis exports of goods and services and receipts of factor income: Current dollars Quantity index, fixed 1987 weights ... 175.3 181.1 177.7 181.4 178.3 186.9 185.3 193.2 147.5 154.5 150.3 153.7 153.4 160.4 161.2 168.0 Equals: Command-basis gross national product: Current dollars Quantity index, fixed 1987 weights ... 132.6 139.7 137.4 138.7 140.1 142.5 144.7 147.0 109.8 113.4 112.1 112.7 113.6 115.2 116.3 117.2 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 7.4.—Price indexes for Persona! Consumption Expenditures by Major Type of Product, Fixed 1987 Weights [Index numbers, 1987=100] Personal consumption expenditures 111.6 Motor vehicles and parts Furniture and household equipment .. Other Nondurable goods Food Clothing and shoes Gasoline and oil Fuel oil and coal Other Services Housing Household operation Electricity and gas Other household operation Transportation Medical care . . Other 112.7 113.7 114.3 115.0 115.5 116.7 112.4 116.1 114.2 115.5 117.0 117.8 118.3 119.7 103.9 104.3 103.8 104.1 104.2 104.9 105.3 105.9 124.2 126.8 126.1 127.2 126.8 127.1 1?R3 129.9 1?30 ;. 113.9 1?50 124.7 125.0 1?47 1?54 122.0 124.4 123.3 124.1 124.5 125.6 1179 119.2 1196 1190 11R9 1191 123.3 122.1 125.9 123.1 118.9 120.5 1164 1160 1166 1176 116.2 113.6 129.0 131.8 131.5 132.4 131.8 131.7 1?54 1?59 125.9 126.3 1189 1193 119.9 119.5 115.3 114.4 131.6 132.7 128.7 133.5 131.9 133.1 133.9 135.0 135,9 137.0 1241 1279 1266 1276 112.3 111.0 113.4 129.3 139.1 131.0 115.4 114.4 116.3 134.3 147.3 134.5 113.7 112.2 115.1 134.0 144.5 133.5 115.1 116.2 116.7 114.3 115.6 1156 1157 116.7 117.7 134.1 134.5 134.5 1466 148.2 149.8 134.2 134.6 1358 1283 1292 1305 1313 117.0 117.4 1150 1150 118.8 135.1 151.2 136.5 119.5 Addenda: Price indexes for personal consumption expenditures: Chain-type annual weights Benchmark-years weights NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. II III IV I II 112.0 114.4 113.3 114.1 114.7 115.3 116.2 117.0 111.2 113.0 112.2 112.8 113.3 113.7 114.4 115.1 Structures Nonresidential buildings, including farm . Utilities Mining exploration, shafts, and wells Other structures 114.1 117.3 115.8 116.9 117.8 118.8 119.7 120.3^ Producers' durable equipment Information processing and related equipment Computers and peripheral equipment 1 Other . . Industrial equipment Transportation and related equipment Other 109.7 110.7 110.3 110.7 110.9 111.1 111.7 112.5 93.1 91.7 92.3 91.9 91.3 91.2 91.1 91.3 59.9 51.5 54.8 52.3 50.3 48.5 47.7 47.3 Nonresidential Residential 113.9 117.5 115.9 1-16.9 118.1 119.2 120.0 120.7 115.6 118.9 117.2 118.9 119.4 120.3 121.7 122.7 115.3 114.3 113.8 114.4 114.3 114.7 115.8 114.1 111.5 112.7 111.9 112.7 112.9 113.5 114.3 115.4 107.9 109.7 109.1 109.5 109.7 110.3 110.6 111.0 120.3 122.3 121.3 122.2 122.6 123.2 123.8 124.6 116.8 119.2 118.4 119.1 119.7 119.6 121.2 122.7 117.1 119.4 118.4 119.3 119.7 120.3 120.9 121.8 113.6 117.4 115.7 116.9 118.0 118.8 120.2 121.1 Structures Single family Multifamily Other structures 113.8 113.7 111.7 114.7 117.7 118.9 112.8 117.5 116.0 116.8 111.9 116.2 117.2 118.0 112.1 117.8 118.3 119.8 113.2 117.8 119.2 121.0 114.0 118.2 120.5 121.9 114.9 120.3 Producers' durable equipment 104.9 105.5 104.5 105.4 105.9 106.3 106.8 107.9 121.4 122.5 115.4 121.8 Addenda: Price indexes for fixed investment: Chain-type annual weights Benchmark-years weights 1. Includes new computers and peripheral equipment only. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 124.6 128.1 127.0 127.8 128.3 129.1 129.8 130.7 Durable goods I 1994 II Fixed investment Gross national product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator 1993 1993 1361 152.7 137.8 Table 7.9.—Price Indexes for Exports and Imports of Goods and Services and for Receipts and Payments of Factor income, Fixed 1987 Weights [Index numbers, 1987=100] Exports of goods and services Merchandise l Durable Nondurable Services l 113.9 115.3 114.7 115.3 115.4 115.6 116.7 117.4 109.7 110.3 109.9 110.3 110.4 110.6 111.8 112.4 1094 1106 1102 1109 1107 1107 111 2 111 5 110.2 109.8 109.4 109.3 110.0 110.4 112.9 114.0 1240 1273 1264 1274 1276 1278 1284 1297 Receipts of factor income2 122.3 125.1 124.4 125.0 125.3 125.7 126.6 127.5 Imports of goods and services 115.4 114.7 Merchandise 1 Durable Nondurable Services 1 Payments of factor income3 115.2 115.9 115.0 115.3 114.5 116.4 112.0 111.8 111 4 112.4 111.7 111.7 110.9 113.0 1128 1140 1130 1137 1142 1151 1154 110.7 107.9 108.5 110.1 107.3 1056 1032 1309 1307 1296 131 3 1300 131 9 1308 124.8 128.0 127.3 127.8 128.2 128.7 1161 1077 131 4 129.6 130.5 Addenda: Price indexes for exports of goods and services: Chain-type annual weights Benchmark-years weights Price indexes for imports of goods and services: Chain-type annual weights Benchmark-years weignts 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. 2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. NOTE— Percent changes from preceding period for selected items in this table are shown in table 8.1. SURVEY OF CURRENT BUSINESS August 1994 • Table 7.10.—Price Indexes for Exports and imports of Merchandise by End-Use Category, Fixed 1987 Weights Table 7.11.—Price indexes for Government Purchases by Type, Fixed 1987 Weights [Index numbers, 1987=100] [Index numbers, 1987=100] Seasonally adjusted Seasonally adjusted 1992 1993 1993 1992 1994 I II III IV I II Exports of merchandise Foods, feeds, and beverages Industrial supplies and materials Durable goods . Nondurable goods Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods .. Nondurable goods Imports of merchandise 109.7 110.3 109.9 110.3 110.4 110.6 111.8 112.4 114.5 108.3 116.5 104.6 105.9 122.8 116.2 109.2 125.3 102.0 105.7 126.0 113.1 109.1 122.3 103.0 105.6 124.7 113.1 110.4 127.6 102.6 105.6 125.5 118.2 109.1 126.3 101.3 105.6 126.4 120.2 108.4 125.1 100.9 105.8 127.6 125.8 110.6 127.8 102.8 105.8 127.9 122.4 113.6 128.7 106.7 105.9 128.7 Foods feeds and beverages Industrial supplies and materials, except petroleum and products Durable goods Nondurable goods Petroleum and products Capital goods, except automotive Civilian aircraft, engines, and parts ... Computers, peripherals, and parts .... Other Automotive vehicles, engines, and parts Consumer goods, except automotive Durable goods Nondurable goods Other Durable goods Nondurable goods Addenda: Exports of agricultural products l Exports of nonagricultural products ... Imports of nonpetroleum products 59.1 50.6 53.9 51.3 49.4 47.7 46.9 46.5 116.4 112.3 118.0 114.5 120.9 113.0 113.0 113.0 117.9 113.2 119.7 114.9 123.8 113.8 113.8 113.8 117.1 113.3 119.6 115.4 123.2 113.3 113.3 113.3 117.8 113.3 119.7 115.0 123.9 113.9 113.9 113.9 118.1 113.0 119.6 114.7 123.9 113.7 113.7 113.7 118.6 113.3 119.8 114.7 124.2 114.1 114.1 114.1 118.8 113.8 120.0 115.2 124.2 114.8 114.8 114.8 118.8 114.0 120.1 115.4 124.1 115.4 115.4 115.4 112.0 111.8 111.4 112.4 111.7 111.7 110.9 113.0 108.1 108.0 105.7 106.6 109.0 110.8 110.8 115.0 113.8 114.4 113.1 100.8 107.5 122.9 113.1 113.5 113.5 112.7 112.7 113.5 114.9 114.6 115.0 114.7 114.1 114.7 115.9 117.4 111.5 111.9 112.2 111.2 110.5 110.9 112.2 61.8 116.5 114.8 118.3 116.9 120.1 114.6 114.6 114.6 91.1 95.4 99.1 88.4 81.9 107.8 126.1 106.9 124.6 107.5 125.5 108.3 126.4 108.6 127.6 54.3 57.7 118.4 116.5 116.9 115.2 119.7 118.8 118.8 117.9 120.7 119.8 115.9 114.6 115.9 114.6 115.9 114,6 73.6 85.2 108.3 109.0 127.9 128.7 55.3 53.2 51.1 50.0 49.6 117.8 116.5 119.6 118.7 120.9 115.6 115.6 115.6 119.3 117.1 120.0 119.2 121.0 116.3 116.3 116.3 120.1 119.0 120.3 119.5 121.3 117.3 117.2 117.2 119.9 119.5 120.1 119.6 120.7 117.2 117.1 117.1 120.8 120.3 120.4 119.7 121.3 118.2 118.1 118.1 111.5 113.3 111.1 110.5 109.4 109.9 109.7 110.3 113.3 114.2 113.2 113.9 114.9 116.7 122,6 120.0 109.9 109.8 110.5 111.4 114.4 115.2 115.3 116.3 1. Includes parts of: exports of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable consumer goods, except automotive. 25 1993 1993 I Government purchases Federal National defense Durable goods Nondurable goods Services Compensation of employees Military Civilian ... . ... Other services . Structures . Nondefense Durable goods . . Nondurable goods Commodity Credit Corporation inventory change Other nondurables Services Compensation of employees Other services Structures ..... State and local Durable goods Nondurable goods ... Services Compensation of employees Other services Structures Addenda: Price indexes for government purchases: Chain-type annual weights Benchmark-years weignts Price indexes for Federal national defense purchases: Chain-type annual weights Benchmark-years weights Price indexes for Federal nondefense purchases: Chain-type annual weights Benchmark-years weights Price indexes tor State and local purchases: Chain-type annual weights Benchmark-years weignts II 1994 III IV I II 120.8 124.5 123.5 124.3 124.9 125.4 126.7 128.3 121.5 126.1 125.0 125.7 126.5 127.0 128.5 131.1 122.0 114.0 115.5 126.3 133.1 135.2 129.0 116.6 121.4 126.6 116.7 113.8 131.9 140.8 140.3 141.8 119.1 132.4 125.6 117.5 113.3 130.1 138.7 139.8 136.4 117.9 128.1 126.0 116.6 117.4 131.0 139.4 140.3 137.6 119.0 127.8 127.0 116.0 112.6 132.7 141.9 140.1 145.6 119.5 136.6 127.9 116.7 111.9 133.7 143.3 141.2 147.6 120.2 137.2 129.0 117.6 107.3 135.3 146.0 143.8 150.4 120.2 138.0 131.2 120.7 111.8 137.0 148.3 146.0 153.2 121.0 138.6 119.8 124.3 100.8 93.0 123.0 124.7 125.1 124.4 127.2 130.9 93.7 94.0 94.0 90.2 92.4 93.3 108.0 123.9 128.0 118.3 114.0 106.3 129.9 136.9 120.1 116.3 106.8 128.0 133.9 119.9 115.2 106.5 130.0 137.4 119.7 116.0 106.3 130.7 138.5 119.8 116.6 105.5 130.7 137.7 120.9 117.4 105.9 134.4 143.7 121.5 118.2 105.6 138.6 151.0 121.3 119.1 120.3 113.1 115.4 123.4 128.3 123.4 115.1 116.2 126.9 133.0 122.4 114.4 117.0 125.8 131.4 123.2 115.1 117.8 126.4 132.5 123.7 115.5 115.6 127.4 133.6 124.1 115.3 114.5 128.0 134.4 125.3 116.4 116.2 129.1 135.8 126.1 117.1 116.3 130.1 136.9 69.5 60.4 64.3 60.5 59.4 57.3 56.4 55.5 110.2 112.8 111.7 112.7 112.9 113.9 115.0 115.6 SURVEY OF CURRENT BUSINESS 26 • August 1994 Table 7.12.—Price Indexes for National Defense Purchases, Fixed 1987 Weights Table 7.14.—Implicit Price Deflators for Gross Domestic Product by Sector [Index numbers, 1987=100] [Index numbers, 1987=100] Se asonall) adjust 3d 1992 I National defense purchases ... 122.0 Durable goods 114.0 Military equipment 114.8 Aircraft 1185 Missiles 1012 118.4 Ships Vehicles 120.9 Electronic equipment 109.2 Other 116.6 Other durable goods 105.8 Nondurable goods 115.5 Petroleum products 1197 Ammunition 108.1 Other nondurable goods 117.9 Services 126.3 Compensation of employees . 1331 Military 135.2 Civilian 129.0 Other services 116.6 Contractual research and development 1124 Installation support l 114.5 120.4 Weapons support23 Personnel support 133.0 Transportation of material 104.8 Travel of persons 110.5 Other 121.4 Structures Military facilities 1175 Other 1287 Addenda: Price indexes for national defense purchases: Chain-type annual weights Benchmark-years weights Seasonally adjusted 19 93 1993 II 1992 19 34 III IV I 126.6 125.6 126.0 127.0 127.9 129.0 131.2 116.7 117.5 116.6 116.0 116.7 117.6 120.7 117.9 118.7 117.7 117.1 1246 1243 117.9 118.8 122.2 1253 1243 1257 1333 944 120.6 121.3 1261 131.0 109.5 109.4 118.3 118.4 105.3 105.2 896 122.6 127.1 109.3 118.2 104.8 958 122.1 128.5 109.7 118.7 105.1 953 947 123.3 124.5 1299 129.5 110.1 110.4 118.9 119.9 105.4 105.5 113.8 113.3 117.4 112.6 111.9 107.3 1131 112.6 115.6 111 1 1203 111.6 109.5 951 1071 111.8 115.2 111.4 112.1 113.0 113.9 117.0 116.5 114.7 114.2 115.0 115.0 131.9 130.1 131.0 132.7 133.7 135.3 1408 1387 1394 141 9 140.1 145.6 119.5 143.3 141.2 147.6 120.2 1460 1483 143.8 150.4 120.2 146.0 153.2 121.0 113.4 117.3 115.3 117.4 118.3 124.4 123.1 124.0 124.4 13fifi 135.2 1361 137.2 105.3 105.0 104.9 105.8 116.5 115.5 115.7 116.4 114.2 1133 118.1 118.6 126.1 127.7 1380 137.4 105.4 105.3 118.5 119.5 113.9 119.8 127.1 1'40.6 105.5 116.8 132.4 137? 957 121.7 128.2 109.5 118.4 105.1 1246 1031 140.3 139.8 141.8 136.4 119.1 117.9 1135 1128 140.3 137.6 1190 1135 128.1 127.8 1366 131 0 1248 1239 1350 1374 1351 1351 1341 1378 136.2 111.8 137.0 138.0 138.6 1383 1373 1390 1378 1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to operate installations. 2. Includes depot maintenance and contractual services for weapons systems, other than research and development. 3. Includes compensation of foreign personnel, consulting, training, and education. Table 7.13.—Implicit Price Deflators for the Relation of Gross Domestic Product, Gross National Product, Net National Product, and National Income [Index numbers, 1987=100] Gross domestic product Plus: Receipts of factorl income from the rest of the world Less: Payments of factor income to the rest of the world2 Equals: Gross national product Less: Consumption of fixed capital Equals: Net national product Less: Indirect business tax and nontax liability plus business transfer payments less subsidies plus current surplus of government enterprises .... Statistical discrepancy Equals: National income Addenda: Net domestic product Domestic income 120.9 123.5 122.9 123.4 123.7 124.1 125.0 125.9 122.3 125.1 124.4 125.0 125.3 125.7 126.6 127.5 124.5 127.8 127.2 127.5 128.1 128.3 129.1 129.7 120.9 123.5 122.8 123.3 123.7 124.1 124.9 125.8 110.5 111.6 111.1 111.5 111.9 112.0 1.13.3 113.7 122.3 125.1 124.4 124.9 125.3 125.7 126.6 127.4 130.3 119.5 129.4 121.8 126.4 121.2 129.5 121.7 131.8 122.0 130.0 122.3 131.1 123.0 132.8 123.9 121.5 124.6 124.2 124.4 124.6 125.2 126.1 126.9 122.3 121.5 125.1 124.7 124.4 124.2 125.0 124.5 125.3 124.7 125.7 125.3 126.6 126.1 127.5 126.9 1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations. 2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign corporations. Gross domestic product Business Nonfarm Nonfarm less housing Housing Farm Statistical discrepancy Households and institutions Private households Nonprofit institutions General government Federal State and local Addendum: Gross domestic business product less housing 1993 1993 II 1994 I II III IV I II 120.9 123.5 122.9 123.4 123.7 124.1 125.0 125.9 119.5 121.8 121.2 121.7 122.0 122.3 123.0 123.9 119.8 119.2 125.5 105.9 119.5 122.1 121.5 127.2 106.1 121.8 121.5 121.0 126.6 104.9 121.2 122.0 121.5 126.6 107.0 121.7 122.2 121.7 127.4 102.1 122.0 122.5 121.9 128.2 110.1 122.3 123.2 122.2 132.3 114.9 123.0 124.3 123.7 130.2 101.4 123.9 128.8 132.3 131.8 131.8 132.2 133.4 134.3 135.0 115.7 129.4 119.4 132.9 117.8 132.5 118.7 119.9 132.4 132.8 121.1 133.9 121.8 134.9 122.5 135.5 129.1 134.7 132.9 134.2 135.6 136.3 138.4 140.3 131.3 128.2 139.4 132.9 136.9 131.3 138.6 132.3 140.8 133.5 141.4 134.3 145.4 149.5 135.6 136.8 118.9 121.3 Table 7.15.—Current-Dollar Cost and Profit Per Unit of ConstantDollar Gross Domestic Product of Nonfinancial Corporate Business [Dollars] Current-dollar cost and profit per unit of constant-dollar gross domestic product 1 ... Consumption of fixed capital Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies Domestic income Compensation of employees Corporate profits with inventory valuation and capital consumption adjustments Profits tax liability Profits after tax with inventory valuation and capital consumption adjustments Net interest 1.150 1.159 1.159 1.159 1.157 1.159 1.165 .126 .123 .124 .123 .124 .120 .125 .122 1.024 1.036 1.035 1.037 1.033 1.038 1.040 1.049 .117 .116 1.170 907 919 917 .768 .117 .917 .776 920 .767 .770 .766 .117 .921 .760 .117 .923 .763 .117 .932 .766 .099 .112 .102 .111 .113 .123 040 037 040 038 043 .122 .043 .128 031 .067 .041 .073 .039 .065 .039 .071 .039 .075 .039 .080 .038 .078 .038 .081 .038 .117 .117 046 1. Equals the deflator for gross domestic product of nonfinancial corporate business with the decimal point shifted two places to the left. August 1994 • 27 SURVEY OF CURRENT BUSINESS 8. Supplementary Tables- Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Personal consumption expenditures: Current dollars Quantity indexes: Fixed 1987 weights . . . . Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Durable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Nondurable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Gross private domestic investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Fixed investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Nonresidential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Table 8.1.—Percent Change From Preceding Period in Selected Series [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 1993 1993 I II 1992 1994 III IV I II 5.2 5.4 4.4 4.2 3.8 7.7 6.1 6.9 2.3 2.1 2.2 3.1 2.5 2.5 1.2 .5 .5 2.4 1.8 1.8 2.7 1.8 1.8 6.3 5.1 5.1 3.3 3.2 3.2 3.8 3.9 3.9 3.2 3.0 3.1 3.0 2.8 2.8 4.2 4.0 4.0 2.4 2.3 2.3 2.0 1.9 1.9 2.4 2.5 2.4 3.1 3.2 3.2 2.9 2.7 2.7 6.0 5.8 4.1 5.0 5.1 6.4 6.0 4.7 2.8 2.6 2.7 3.3 2.9 2.9 1.6 1.3 1.3 2.6 2.3 2.3 3.9 3.5 3.5 4.0 3.4 3.4 4.7 4.3 4.3 1.4 1.4 1.5 3.5 3.4 3.5 2.8 2.8 2.8 2.9 2.9 2.9 2.6 2.5 2.5 1.4 1.5 1.5 2.8 2.8 2.8 1.9 2.0 2.0 2.8 2.9 2.8 7.9 9.2 3.6 8.3 16.3 9.9 3.9 6.4 5.9 6.1 8.2 7.4 7.4 3.2 2.4 2.3 9.8 9.3 9.2 7.7 6.3 6.3 15.5 13.9 13.9 8.8 8.2 8.1 1.2 .4 .6 2.3 1.9 2.0 2.1 1.7 1.7 1.7 1.2 1.1 3.3 2.7 2.7 2.2 1.9 1.9 2.5 2.3 2.2 1.9 1.5 1.5 4.1 3.7 3.7 3.0 3.4 .8 2.2 1.8 4.6 4.1 3.6 1.0 .9 .9 2.0 1.8 1.8 1.6 1.4 1.4 2.8 2.6 2.6 2.4 2.2 2.2 3.8 3.8 3.8 2.1 2.0 2.0 2.1 2.1 2.1 1.6 1.5 1.5 2.5 2.5 2.5 .9 .8 .7 -.8 -.9 2.2 2.3 2.2 .2 .3 .3 1.5 1.5 1.5 7.3 6.5 6.1 5.1 6.1 5.3 6.1 5.5 3.0 2.8 2.9 2.8 2.6 2.6 3.1 2.8 2.7 1.4 1.3 1.3 3.6 3.4 3.4 2.0 1.9 1.9 4.0 3.8 3.8 1.0 1.4 1.3 4.7 4.6 4.6 3.7 3.7 3.7 3.5 3.5 3.5 3.4 3.5 3.5 2.6 2.7 2.7 3.2 3.2 3.2 2.9 2.9 2.9 3.3 3.4 3.4 -1.6 -1.6 -1.6 12.2 -1.1 5.8 11.9 16.4 7.7 5.9 19.6 20.5 29.8 6.1 5.2 5.6 13.0 10.4 10.4 19.3 15.1 14.9 8.9 5.8 5.6 8.0 4.3 4.2 21.3 18.0 17.9 18.0 17.3 17.4 23.8 26.3 26.1 Structures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Producers' durable equipment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Residential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Exports of goods and services: Current dollars Quantity indexes: Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Imports of goods and services: Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-vears weiohts Price indexes: FiypH 1 QP<7 u/pinhtc Chain-type annual weights Benchmark-years weights Government purchases: Current dollars Quantity indexes: FiypH 1Qft7 wpinhte Chain-tvoe annual weiohts Benchmark-vears weiohts Price indexes: Civorl 1QQ7 uiainhte 5.2 10.4 10.7 8.6 5.5 4.5 5.0 11.3 12.3 1.1 .7 .9 .8 2.0 c 1.2 .9 o .0 .6 8.8 8.8 8.9 8.8 8.9 6.4 6.3 2.1 1.4 1.4 2.1 1.6 1.5 2.9 2.3 2.1 9.7 12.5 9.0 9.0 1.6 .6 .6 11.8 13.9 15.1 10.4 10.2 15.6 12.7 12.4 2.0 1.2 1.1 2.3 1.3 1.2 8.3 11.4 7.0 7.0 2.2 1.3 1.3 6.5 12.2 6.1 6.2 1.5 .4 .4 22.5 13.3 23.0 21.2 20.9 10.6 10.2 10.3 2.0 1.2 1.2 3.1 2.9 2.9 18.8 12.4 21.1 18.4 18.0 10.9 10.2 10.4 1.6 .6 .6 2.5 2.1 2.2 11.0 8.7 8.3 8.3 2.7 2.6 2.6 11.3 9.2 8.8 8.8 2.6 2.3 2.4 Chain-type annual weights Benchmark-years weights Federal: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weight's Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights National defense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights -6.5 -6.7 -6.7 -6.7 .3 .3 .3 1993 1993 1.3 -1.4 -1.4 -1.4 2.8 2.8 2.8 I II 4.8 4.0 3.8 2.5 2.4 2.4 .3 .2 .2 .5 .6 .6 2.4 2.5 2.5 3.8 3.8 3.8 3.3 3.2 3.2 13.4 14.7 18.1 6.0 4.0 4.8 18.0 13.7 13.7 20.0 13.8 13.6 21.6 18.1 17.7 .9 -.2 -.2 1.8 .7 .6 IV III 4.3 1.3 .4 .7 1994 1.4 .3 .1 7.6 16.2 8.4 8.5 .5 —7 -J 13.0 6.6 I II -8.8 21.7 3.3 -11.8 3.2 -11.6 3.2 -11.7 3.3 3.3 3.3 3.2 3.2 3.2 19.6 19.4 19.4 1.9 2.0 2.0 23.9 21.2 7.8 27.5 24,7 24.2 18.6 19.3 19.4 6.5 5.3 5.4 .7 -.5 -.5 2.1 1.7 1.8 32.0 15.7 28.2 28.4 28.4 10.0 10.2 10.1 2.9 2.5 2.5 10.5 8.3 -3.4 8.2 8.3 8.3 5.3 5.5 5.5 7C —7.0 1.5 1.6 1.5 3.3 3.4 3.4 2.3 2.6 2.6 6.2 3.3 -1.5 8.5 -6.6 20.7 -3.5 18.3 6.7 5.5 6.0 4.1 2.7 2.7 -1.0 -2.0 -2.1 7.7 7.1 6.9 -3.2 -6.3 -6.3 21.7 20.5 20.3 -3.5 -5.6 -5.5 15.8 15.8 15.8 1.2 .6 .8 1.2 .5 .5 1.4 .5 .4 7.7 8.4 2.9 18.0 16.2 16.2 16.2 8.7 7.0 7.8 12.0 10.7 8.9 8.9 1.5 .8 1.1 -.2 -.7 -.7 2.5 2.1 -.8 -.7 -.7 -.8 -.9 -.9 3.5 3.3 3.4 3.1 2.9 2.9 .7 -3.4 -3.2 -3.3 4.3 4.0 4.2 11.6 9.7 9.6 -5.8 -6.2 -6.2 -.4 -5.9 -5.5 -5.5 5.7 5.4 5.3 -7.6 -7.6 4.2 4.5 4.5 2.1 1.5 1.4 9.4 9.2 9.3 3.7 3.5 3.5 .4 -.3 -.3 .6 .2 .1 4.5 4.8 4.8 3.8 2.6 2.8 14.7 5.2 24.0 14.9 12.8 12.6 7.4 4.9 4.8 16.0 14.9 14.5 9.5 8.3 8.3 18.9 17.5 17.5 4.2 3.2 3.1 -2.8 -3.3 -3.3 1.1 —3 —.2 -2.7 -3.0 -2.9 3.3 2.3 1.5 .9 1.2 .7 .7 1.1 3 .3 -.1 -.2 —.2 -4.9 -3.4 -3.4 2.4 2.4 2.4 2.1 2.1 2.0 1.6 1.7 1.8 4.3 4.6 4.6 -6.8 -1.5 -2.2 -2.6 -4.5 -4.6 -4.6 -15.4 -14.5 -14.6 -3.6 -4.1 -4.2 -3.0 -4.7 -4.6 -5.0 -10.3 -4.6 -7.0 -4.8 -7.0 9.3 9.0 9.0 2.3 2.3 2.3 2.6 2.7 2.5 -3.7 -10.9 -1.6 -8.6 -7.1 -6.9 -7.0 -6.8 -6.9 -6.9 -20.0 -19.0 -19.0 -2.2 -3.0 -3.1 -11.1 -11.0 3.7 3.4 3.4 9.9 9.9 9.8 2.7 2.3 2.4 1.4 -1.2 3.7 3.5 3.5 3.1 3.2 3.2 16.5 -2.7 4.7 4.6 4.7 . 2.9 2.8 2.8 7.3 7.2 7.2 1.3 1.0 1.0 -9.2 3.0 3.2 3.0 1.7 2.2 2.3 .1 -3.6 -3.0 -3.4 2.9 3.4 3.5 -1.8 4.8 5.8 5.7 6.5 6.0 6.1 2.3 -1.6 -1.8 •) 7 5.1 4.3 4.3 -2.6 -8.8 -8.9 -8.8 8.3 7.2 7.1 -9.5 -1.4 -16.0 -12.6 -12.6 -6.2 -6.3 -6.2 3.5 4.0 3.9 7.1 5.7 5.6 SURVEY OF CURRENT BUSINESS 28 • August 1994 Table 8.1,—Percent Change From Preceding Period in Selected Series—Continued [Percent] Table 8.2.—Selected Per Capita Product and Income Series in Current and Constant Dollars and Population of the United States [Dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 1993 1993 II I Nondefense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .... Benchmark-years weights State and local: Current dollars Quantity indexes: Fixed 1987 weights . Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Addenda: Final sales of domestic product: Current dollars . ... ... Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Gross domestic purchases: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Final sales to domestic purchasers: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Gross national product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Command-basis gross national product: Quantity index, fixed 1987 weights ... Disposable personal income: Current dollars 1987 dollars 1992 1994 I III IV I II 16.3 -5.4 9.5 4.5 3.5 -1.4 12.6 -7.8 6.6 6.6 6.5 .7 .8 .8 -4.5 -3.7 -3.7 -6.2 -6.6 -6.5 12.0 10.6 10.8 -7.9 -7.7 2.8 2.7 2.8 3.7 3.7 3.7 7.2 7.1 7.1 5.7 5.4 5.3 1.1 1.7 1.5 3.8 4.2 4.1 6.5 1.1 1.0 1.0 1.7 1.6 1.6 .9 1.0 1.0 2.8 2.8 2.8 2.5 2.5 2.5 5.1 2.2 2.0 2.1 78 2.9 140 6.0 -14.0 5.8 -14.0 -.2 -.4 9.1 9.8 9.9 12.2 10.4 10.5 5.2 4.1 2.6 5.3 4.4 4.0 4.0 3.7 3.5 3.5 2.9 2.7 2.7 3.0 3.1 3.1 2.4 2.5 2.5 1.8 1.7 1.7 1.5 1.4 1.4 3.9 3.8 3.8 2.6 2.5 2.5 5.2 3.7 4.3 4.1 8.0 5.1 4.4 2.9 2.3 2.3 .2 -.2 -.3 2.4 1.9 1.9 3.2 2.1 2.2 6.4 5.5 5.4 2.2 2.2 2.2 1.4 1.4 1.5 3.2 3.0 3.1 3.0 2.8 2.8 4.2 4.0 4.0 2.4 2.3 2.3 2.0 2.0 1.9 2.5 2.5 2.4 3.2 3.2 3.2 2.9 2.7 2.7 5.3 5.9 4.9 5.0 4.7 7.2 7.0 7.7 2.5 2.3 2.4 3.9 3.2 3.2 2.7 1.8 1.7 3.3 2.5 2.4 4.0 3.0 3.0 5.8 4.7 4.7 5.0 4.7 4.7 4.4 4.2 4.2 3.2 3.0 3.1 2.8 2.6 2.6 3.3 3.2 3.1 2.6 2.5 2.5 1.6 1.6 1.6 2.4 2.4 2.4 2.5 2.5 2.6 3.3 3.1 3.1 5.2 5.7 4.1 5.2 5.0 7.5 6.1 5.2 2.5 2.2 2.3 3.7 3.0 3.0 1.7 1.0 1.0 3.3 2.6 2.5 45 3.4 3.4 6.0 5.1 5.0 3.9 3.7 3.7 2.0 1.8 1.9 3.2 3.0 3.1 2.8 2.6 2.6 3.3 3.2 3.2 2.6 2.5 2.£ 1.6 1.6 1.6 2.4 2.4 2.4 2.5 2.5 2.6 3.2 3.1 3.1 5.0 5.3 5.1 3.9 4.2 7.0 6.2 6.6 2.1 1.9 2.0 ll 25 2.1 1.5 2'.5 1.8 1.2 1.1 i!f 3.0 2.1 2.1 5.6 4.4 4.4 3.4 3.2 3.2 3.5 3.6 3.6 3.2 3.0 3.1 3.0 2.8 2.8 4.2 4.0 4.0 2.4 2.3 2.3 2.0 1.9 1.9 2.4 2.5 2A 3.1 3.2 3.2 2.9 2.7 2.7 2.2 3.3 2.8 2.0 3.4 5.6 4.0 3.3 6.4 3.1 4.1 1.5 7.2 4.7 1.9 .8 6.7 4_< 4.7 3.4 6.1 2.7 -5.1 -7.4 -2.0 -1.4 -1.1 -1.2 2.9 2.8 2.8 NOTE.—Except for disposable personal income, the quantity and price indexes in this table are calculated from weighted averages of the detailed output and prices used to prepare each aggregate and component. The fixedweighted measures use as weights the composition of output in 1987. For the alternative indexes, the chain-type indexes with annual weights use weights for the preceding and current years, and the indexes with benchmarkyears weights use weights of 1959, 1963, 1967, 1972, 1977,1982, 1987, 1992, and the most recent year. 1993 1993 Current dollars: Gross domestic product Gross national product Personal income Disposable personal income Personal consumption expenditures ... Durable goods Nondurable goods Services Constant (1987) dollars: II 1994 III IV I II 23,564 24,559 24,239 24,427 24,588 24,978 25,288 25,652 23,586 20,175 24,576 20,810 24,271 20,429 24,440 20,800 24,621 20,863 24,970 21,147 25,285 21,369 25,631 21,682 17,636 18,153 17,874 18,141 18,174 18,421 18,588 18,819 16,192 1,928 16,951 2,083 16,693 2,006 16,856 2,059 17,017 2,095 17,233 2,170 17,443 2,216 17,601 2,232 5,071 9,193 5,185 9,683 5,158 9,529 5,173 9,623 5,182 9,740 5,225 9,838 5,265 9,961 5,299 10,070 Gross domestic product 19,490 19,879 19,728 19,795 19,871 20,119 20,235 20,375 Gross national product 19,515 19,901 19,762 19,814 19,906 20,122 20,242 20,367 Disposable personal income 14,279 14,341 14,222 14,351 14,338 14,451 14,535 14,598 Personal consumption expenditures ... 13,110 13,391 13,283 13,335 13,425 13,519 13,640 13,654 2,007 2,008 Durable goods 1,772 1,897 1,837 1,905 1,970 1,876 Nondurable 4,182 4,224 goods 4,195 4,236 4,140 4,176 4,159 4,165 7,354 7,410 Services 7,338 7,409 7,199 7,318 7,287 7,294 Population (midperiod, thousands) 255,484 258,290 257,262 257,908 258,635 259,356 259,997 260,628 SURVEY OF CURRENT BUSINESS August 1994 Table 8.3.—Auto Output Table 8.4.—Auto Output in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates 1992 Auto output Final sales Personal consumption expenditures .. New autos Net purchases of used autos Producers' durable equipment New autos Net purchases of used autos Net exports Exports Imports Government purchases Change in business inventories of new and used autos New . . . . Used Addenda: Domestic output of new autos l Sales of imported new autos2 1993 1993 1992 1994 I II III IV I II 133.3 144.5 142.6 146.8 137.5 151.0 162.7 152.7 133.2 125.9 142.2 139.3 134.2 132.4 144.5 137.8 142.0 140.5 93.4 45.9 38.8 68.3 88.3 44.1 36.3 62.7 91.5 46.3 41.3 73.4 92.3 48.2 38.8 69.0 164.2 154.7 100.1 151.0 150.7 87.4 38.6 38.0 62.7 148.3 146.5 101.3 45.2 38.8 68.2 54.6 43.4 78.8 -24.7 -32.8 -29.6 -37.7 -26.5 -36.5 -32.1 -36.6 -30.2 -39.2 -29.5 -38.6 -35.4 -35.8 14.3 47.0 14.5 52.2 14.3 50.8 14.9 51.6 13.7 52.8 15.2 53.8 16.7 52.5 2.0 1.9 .1 .5 -.4 2.2 1.9 .3 104.8 60.0 2.1 2.0 8.4 2.3 0 2.4 10.6 -2.2 112.6 113.7 65.1 60.5 1.9 -4.5 -4.5 -.1 1.7 2.7 1.6 1.1 99.4 51.4 43.6 78.7 -35.0 -45.4 2.0 -1.5 .3 -1.8 16.2 61.6 2.0 1.7 .3 1.4 112.8 103.9 119.9 133.7 125.7 66.1 68.7 65.3 66.2 69.1 1993 1993 I Auto output Final sales Personal consumption expenditures .. New autos ..... Net purchases of used autos Producers' durable equipment New autos Net purchases of used autos Net exports Exports Imports Government purchases Change in business inventories of new and used autos New Used Addenda: Domestic output of new autos! Sales of imported new autos2 II 1994 IV III I II 121.6 121.7 123.4 114.2 127.2 135.1 125.3 117.2 121.1 .112.8 119.3 116.0 116.0 123.7 118.8 119.4 119.1 125.2 123.2 138.3 129.8 125.2 124.8 85.6 44.2 38.0 67.4 84.1 40.7 37.9 66.5 117.6 77.9 34.9 33.2 55.9 81.3 38.0 34.4 59.5 77.9 38.1 32.0 55.3 80.1 38.7 36.6 64.2 80.0 39.1 34.6 59.8 87.2 36.0 34.6 58.7 -22.8 -30.5 -25.1 -34.2 -23.4 -33.6 -27.6 -33.4 -25.2 -36.0 -24.2 -34.0 -29.4 -31.0 -28.6 -39.0 12.7 43.3 12.8 47.0 12.6 46.3 13.1 46.5 12.0 47.9 13.3 47.3 14.6 45.6 14.0 53.1 1.8 1.6 1.7 .4 .7 3 .5 .6 1 5.7 7.9 22 93.7 53.6 97.6 567 99.2 53.3 1.7 -.3 -2.0 1.7 97.4 57.8 1.4 1.6 2.0 1.5 .5 -5.2 -4.8 -.4 89.6 59.6 1.6 -3.2 -1.7 15 1.6 0 -1.1 1.1 104.3 112.9 105.7 56.2 56.6 58.5 1. Consists of final sales and change in business inventories of new autos assembled in the United States. 2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. 1. Consists of final sales and change in business inventories of new autos assembled in the United States. 2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. Table 8.5.—Truck Output Table 8.6.—Truck Output in Constant Dollars [Billions of dollars] [Billions of 1987 dollars] Truck output1 Final sales Personal consumption expenditures .. Producers' durable equipment Net exports Exports Imports Government purchases Change in business inventories 1. Includes new trucks only. 83.4 101.9 98.4 99.0 99.5 110.8 124.3 123.1 82.2 43.4 37.0 -5.1 102.1 92.0 49.3 44.5 102.5 101.4 112.5 122.7 120.3 50.8 48.8 -5.0 57.3 54.7 -3.8 56 10.7 52.3 48.7 -5.5 58 11.2 fiP fi5 1.2 -.2 -RR 52 52.0 46.7 -6.2 58 53 10.3 49 12.0 10.0 6.3 -3.5 -1.9 12.0 6.8 68 10.6 4.4 -1.7 58.9 62.2 -4.1 67 10.7 57.4 59.2 -4.7 67 11.3 5.6 8.4 1.6 2.8 Truck output * Final sales Personal consumption expenditures .. Producers' durable equipment Net exports Exports Imports Government purchases Change in business inventories 1. Includes new trucks only. 71.4 83.9 82.3 81.8 81.2 904 100.5 97.6 70.4 37.2 31.7 -4.4 84.1 43.3 39.9 -4.5 77.1 41.7 37.0 -5.6 84.7 43.3 38.3 -5.1 82.6 41.6 39.6 -4.1 91.8 46.7 44.6 -3.1 99.2 47.7 50.2 -3.3 95.5 45.7 46.9 -3.7 48 9.1 59 47 9.2 54 1.0 -.1 44 10.0 41 5.2 47 9.8 82 -2.9 43 8.4 55 -1.5 55 8.6 36 -1.4 54 8.7 45 53 9.0 67 1.3 2.1 SURVEY OF CURRENT BUSINESS JO • August 1994 NIPA Charts Dec. Nov. P T 1966 67 68 70 Jan. July July F T P 71 72 73 74 75 76 77 78 79 80 81 July Mar. P T Nov. T 82 83 84 85 86 87 89 90 91 92 93 1994 SURVEY OF CURRENT BUSINESS Percent diange August 1994 B&rcent Change . ' " 10'" " ' 10 1 REAL GROSS DOMESTIC PRODUCT GROSS DOMESTIC PURCHASES PRICE INDEX (FIXED WEIGHTS)1 i. lill.iill! I -10 1991 1992 1993 1993 1994 Billion$ 600 Percent change 10 1992 1994 1 CORPORATE PROFITS WITH IVA AND CCAdj * REAL GROSS DOMESTIC PURCHASES 500 I 400 300 -10 200 1991 1992 1993 Percent 10 Percent change 10 6 REAL DISPOSABLE PERSONAL INCOME1 1991 1994 »°- 1992 1993 1994 PERSONAL SAVING RATE3 I Im. •10 1991 1992 1993 1994 1991 1. Percent change at annual rate from preceding quarter; based on seasonally adjusted estimates. 2. Seasonally adjusted annual rate; tvA is inventory valuation adjustment, and CCAdj is capital consumption adjustment, 3. Personal saving as percentage of disposable personal income; based on seasonally adjusted estimates, ; US. Department of Commerce, Bureau of Economic Analysis 1992 1993 1994 • 31 SURVEY OF CURRENT BUSINESS August 1994 Quantity and Price Indexes, 1988-94 This section consists of NIPA tables 7.1-7.3, which present fixed-weighted and alternative quantity and price indexes for major aggregates, and NIPA table 8.1, which presents the associated percent changes. These tables are part of the presentation of the annual NIPA revision published in last month's SURVEY OF CURRENT BUSINESS. Unlike the versions of tables 7.1-7.3 and 8.1 published last month, these tables now include the alternative quantity and price indexes. (Except for the revisions to the second quarter of 1994, the fixed-weighted indexes are the same as those shown last month.) The tables presented here also differ from those published last month in that they show estimates for 1988-90; as explained in the next paragraph, changes in the weights used to construct the indexes have led to revisions for the period prior to 1991 (the earliest year covered by this year's annual NIPA revision). The benchmark-years-weighted indexes have been revised back to the first quarter of 1988, and the chaintype annual-weighted indexes have been revised back to the third quarter of 1989. These revisions reflect the incorporation of revised NIPA estimates and the updating of the weight years used to calculate the alternative measures. The weight years have been updated according to the schedule published in "Alternative Measures of Change in Real Output and Prices, Quarterly Estimates for 1959-92" in the March 1992 SURVEY. For the benchmark-years-weighted indexes, estimates from the third quarter of 1987 through the second quarter of 1992 continue to be calculated using 1987 and 1992 weights (no revisions resulted for the third or fourth quarters of 1987), and estimates from the third quarter of 1992 forward are now calculated using 1992 and 1993 weights. For the chain-type annual-weighted indexes, estimates from the third quarter of 1992 through the second quarter of 1993 are now calculated using 1992 and 1993 weights, and estimates from the third quarter of 1993 forward are now calculated using 1993 weights. Table 7.1.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product [Index numbers, 1987=100] Seasonally adjusted Line Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Personal consumption expenditures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Durable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Im elicit orice deflator Nondurable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts .. .. Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit orice deflator . .. 1988 1989 1990 1991 1992 1993 1988 1989 I II III IV I II III IV 1 107.9 115.7 122.2 126.1 132.6 139.7 104.7 107.0 109.0 111.1 113.4 115.2 116.3 117.7 2 3 4 103.9 103.9 103.8 106.6 106.6 106.4 107.9 107.9 107.7 107.2 107.2 106.9 109.7 109.4 109.3 113.1 112.2 112.0 102.5 102.5 102.5 103.6 103.6 103.5 104.3 104.2 104.1 105.3 105.3 105.1 106.1 106.1 105.9 106.6 106.6 106.4 106.6 106.6 106.4 107.0 107.0 106.8 5 6 7 8 104.0 103.9 103.9 103.9 108.6 108.5 108.5 108.5 113.6 113.2 113.3 113.3 118.1 117.7 117.8 117.6 121.9 121.2 121.4 120.9 125.5 124.6 124.8 123.5 102.2 102.1 102.1 102.1 103.3 103.3 103.3 103.2 104.7 104.6 104.6 104.5 105.6 105.6 105.6 105.5 106.9 106.9 106.8 106.9 108.2 108.1 108.0 108.1 109.2 109.0 109.0 109.1 110.2 110.0 110.0 110.1 9 108.0 115.4 123.2 127.9 135.5 143.4 104.8 106.8 109.0 111.3 112.7 114.6 116.4 117.9 10 11 12 103.6 103.6 103.5 105.6 105.5 105.4 107.2 107.1 107.0 106.8 106.6 106.5 109.7 109.3 109.3 113.3 112.5 112.5 102.5 102.5 102.4 103.1 103.1 103.1 103.9 103.9 103.8 104.9 104.9 104.8 105.0 104.9 104.8 105.2 105.2 105.1 106.0 105.9 105.8 106.2 106.2 106.0 13 14 15 16 104.3 104.2 104.2 104.2 109.5 109.4 109.3 109.3 115.2 115.0 115.0 114.9 120.3 120.0 119.9 119.7 124.6 124.1 124.1 123.5 128.1 127.5 127.5 126.6 102.3 102.3 102.3 102.3 103.6 103.6 103.6 103.6 105.0 104.9 104.9 104.9 106.2 106.1 106.1 106.1 107.5 107.5 107.4 107.4 109.1 109.0 108.9 108.9 110.0 109.9 109.9 109.8 111.2 111.1 111.0 111.0 17 108.3 113.8 116.0 113.1 122.0 133.3 106.2 107.3 107.4 112.2 111.7 113.3 116.6 113.5 18 19 20 106.2 106.2 106.0 109.2 109.0 108.8 109.7 109.4 109.2 105.4 104.4 104.3 112.1 110.6 110.7 121.4 118.8 118.9 105.3 105.3 105.2 105.7 105.7 105.5 105.0 104.9 104.7 108.8 108.7 108.5 107.8 107.7 107.5 109.0 108.9 108.7 111.6 111.5 111.3 108.2 108.0 107.8 21 22 23 24 102.0 102.0 101.8 102.0 104.5 104.4 104.1 104.2 106.3 106.0 105.6 105.7 109.1 108.4 108.0 107.3 111.6 110.4 110.2 108.9 113.9 112.2 112.1 109.8 100.9 100.9 100.8 100.9 101.5 101.5 101.4 101.5 102.4 102.4 102.1 102.3 103.3 103.2 102.9 103.1 103.8 103.7 103.4 103.6 104.2 104.1 103.8 104.0 104.8 104.6 104.3 104.5 105.2 105.1 104.7 104.9 25 106.2 113.7 121.6 124.4 128.1 132.4 103.0 105.0 107.4 109.4 110.9 113.4 114.4 116.1 26 27 28 102.4 102.4 102.3 104.0 103.9 103.9 104.9 104.8 104.8 103.6 103.5 103.4 104.6 104.4 104.4 106.7 106.3 106.3 101.2 101.2 101.2 102.0 102.0 101.9 102.8 102.7 102.7 103.5 103.5 103.4 103.7 103.6 103.6 103.5 103.5 103.4 104.1 104.0 104.0 104.7 104.7 104.6 29 30 31 32 103.8 103.8 103.8 103.7 109.5 109.4 109.4 109.3 116.2 116.0 116.0 115.9 120.5 120.2 120.3 120.0 123.0 122.7 122.7 122.5 125.0 124.6 124.6 124.2 101.8 101.8 101.8 101.8 103.0 103.0 103.0 103.0 104.6 104.5 104.5 104.5 105.7 105.7 105.7 105.6 107.1 107.0 107.0 107.0 109.7 109.6 109.6 109.5 110.1 110.0 110.0 109.9 111.0 110.9 110.9 110.8 SURVEY OF CURRENT BUSINESS August 1994 • 33 Table 7.1.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product—Continued [Index numbers, 1987=100] SSeasonally adjusted Line Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights .. Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Imolicit orice deflator Personal consumption expenditures: Current dollars . .... Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator Durable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights . Chain-type annual weights Benchmark-years weights Implicit price deflator . . Nondurable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights ImDlicit orice deflator 19 92 19 91 1990 19$)4 1993 1 II III IV I II III IV 1 II III IV I II III IV I II 147.3 1 120.3 122.0 123.0 123.3 124.2 125.7 126.9 127.7 129.9 131.5 133.1 135.9 137.4 138.8 140.1 142.7 144.8 2 3 4 107.9 108.0 1083 107.2 107.3 106.7 106.7 107.2 107.2 1099 1064 1069 1080 1086 1095 1109 111.7 111 5 115.9 114.5 1070 1120 114.9 113.6 113.4 1170 109.6 113.2 112.2 1079 111 8 111.2 111 0 1125 108.8 111 5 111.0 1081 107.5 107.4 107.2 108.3 108.2 1077 107.5 107.4 107.2 1090 108.4 108.1 108.1 1143 1154 5 6 7 8 1117 1129 1127 1143 1139 1153 1149 1168 1164 1177 1173 1186 1194 1223 1244 1236 1252 1243 1258 1249 1285 1275 115.0 116.5 117.4 120.2 121.1 123.8 124.5 125.1 126.8 127.7 1127 1138 1150 1164 1172 1180 1188 1199 1207 122.6 121 9 125.6 125.8 1275 1266 114.0 121 6 121.8 121 1 1232 1224 1266 1209 112.7 118.9 119.0 1205 1200 121 5 118.2 118.3 1229 1234 1237 1241 1250 1259 111 5 111.5 111 5 X 115.6 g 12Q N5 1221 1246 1257 1259 1273 1287 1296 1325 1343 1361 1393 1407 1424 1442 1464 1486 1503 10 11 12 1070 1069 1067 1072 1071 1070 1077 1076 1075 1070 1069 1068 1062 1061 1060 1068 1066 1065 1071 1070 1127 1109 1109 111 3 111 3 111 9 111 9 113.9 1067 1138 1129 1129 1149 106.7 1100 1096 1096 1120 1068 1089 1086 1086 111 5 106.9 1085 1082 1081 1138 1162 1151 1151 1166 1155 1155 13 14 15 16 1130 1128 1128 1127 1142 1140 1139 1139 1159 1157 1189 1186 1186 1185 1198 1194 1194 1192 120.8 1156 1156 1179 1176 1175 1175 1204 1204 120.1 121.8 121 4 121 4 121.1 1229 1225 1225 1221 1241 1236 1236 1232 1252 1247 1247 1237 1261 1256 1256 1249 1270 1265 1265 1257 1278 1273 1273 1264 1283 1277 1277 1268 1291 1286 1286 1275 1298 1292 1292 1279 1307 1302 1302 1289 17 118.9 115.4 115.8 113.8 111.3 112.0 114.9 114.2 118.9 119.7 122.8 126.7 127.8 131.6 1342 139.4 1427 1441 18 19 20 112.7 109.4 109.6 107.3 104.2 104.5 106.8 1092 1089 1093 1090 1068 1066 1035 1033 1036 1035 1056 1056 1098 1085 1086 1099 1085 1086 1126 1124 1122 1059 1047 1048 1161 1143 1145 1170 1149 1198 1175 1177 1220 1193 1195 1265 1233 1234 1292 1257 1259 1296 1258 1260 21 22 23 24 1059 1057 1053 1055 1060 1058 1053 1055 1063 1060 1055 1056 1069 1065 1061 1061 1081 1075 1071 1068 1087 1081 1077 1071 1096 1088 1084 1075 1100 1091 1088 1078 1107 1097 1094 1083 111 5 111 9 1106 1105 1091 1123 1109 1108 1091 1127 1103 1102 1089 1137 1120 1150 1131 1130 1102 1155 1136 1134 1105 1167 1146 1144 111 2 111 o 111 2 115 1 1092 1098 1143 1125 1123 1100 111 2 111 1 111 8 25 1189 1200 1227 1247 1239 1246 1247 1243 1262 1268 1285 131 0 131 3 1320 1325 1340 1354 1366 26 27 28 1048 1047 1053 1052 1052 1046 1045 1044 1038 1036 1036 1040 1038 1038 1038 1036 1036 1029 1027 1027 1040 1038 1038 1038 1036 1036 1045 104*3 104.7 1049 1048 1047 1043 1062 1060 1059 1058 1055 1055 1063 1059 1059 1070 1066 1066 1076 1072 1071 1086 1082 1081 1092 1087 1087 29 30 31 32 1138 1136 1136 1146 1145 1145 1168 1166 1166 1197 1193 1194 1198 1195 1196 1203 1200 1200 1206 1204 1204 121 3 121 9 1210 1216 1226 1224 1224 1236 1233 1233 1240 1236 1237 1247 1244 1244 1250 1246 1246 1247 1243 1244 1254 1250 1254 1252 1252 1259 1256 1256 113.4 114.4 116.5 119.2 119.4 119.8 120.2 122.1 123.0 123.3 124.0 124.2 123.9 124.6 125.1 121 1 120.8 121 7 121.4 125 1 124.6 SURVEY OF CURRENT BUSINESS 34 • August 1994 Table 7.1.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product—Continued [Index numbers, 1987=100] Seasonally adjusted Line Services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Implicit price deflator Gross private domestic investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights . Benchmark-years weights .. Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights .. Implicit price deflator Fixed investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Nonresidential: Current dollars Quantity indexes: Fixed 1987 weights ... Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights ... Chain-type annual weights Benchmark-years weights ., Implicit price deflator Structures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Implicit price deflator . Producers' durable equipment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator . Residential: Current dollars Quantity indexes: Fixed 1987 weights .. Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights .. Chain-type annual weights Benchmark-years weights Imolicit orice deflator 1989 1988 1990 1992 1991 1988 1993 1989 I II III IV I II IV III 33 109.0 116.9 126.0 133.6 143.4 152.7 105.6 107.8 110.4 112.3 114.1 115.7 117.6 120.1 34 35 36 103.7 103.7 103.7 105.7 105.7 105.6 108.0 108.0 107.9 109.1 108.9 108.8 112.3 112.0 112.0 115.4 114.8 114.8 102.6 102.6 102.5 103.2 103.2 103.2 104.3 104.3 104.2 104.9 104.9 104.8 105.1 105.0 104.9 105.4 105.3 105.2 105.8 105.7 105.6 106.6 106.6 106.5 37 38 39 40 105.1 105.1 105.1 105.1 110.7 110.6 110.6 110.6 116.8 116.7 116.7 116.7 123.0 122.7 122.7 122.5 128.7 128.3 128.3 127.7 133.5 133.0 133.0 132.3 103.0 103.0 102.9 102.9 104.5 104.5 104.4 104.5 105.9 105.9 105.8 105.8 107.2 107.2 107.1 107.1 108.7 108.7 108.6 108.6 109.9 109.9 109.8 109.9 111.3 111.2 111.1 111.2 112.8 112.8 112.7 112.7 41 105.9 111.1 108.0 99.4 105.2 117.7 102.8 105.2 106.9 108.7 112.6 112.1 109.4 110.1 42 43 44 103.2 103.0 103.1 104.6 104.7 104.4 99.7 100.1 99.5 91.3 90.8 90.4 96.8 95.5 95.5 109.4 105.4 105.4 101.0 100.7 100.9 102.7 102.6 102.6 104.4 104.0 104.1 104.8 104.6 104.7 107.2 107.3 106.9 106.0 106.1 105.8 102.6 106.6 102.3 102.7 107.0 102.5 49 107.5 110.5 110.9 103.3 108.6 119.9 104.3 107.1 108.4 110.3 110.7 110.7 110.7 110.0 50 51 52 104.2 104.2 104.1 104.3 104.1 103.9 102.5 102.1 101.9 94.7 100.0 93.8 93.8 98.0 98.5 111.3 106.6 107.2 102.0 102.0 102.1 104.2 104.1 104.1 104.9 104.9 104.8 105.7 105.7 105.6 105.4 105.2 105.1 104.8 104.5 104.4 104.2 103.9 103.7 103.0 102.7 102.5- 53 54 55 56 103.3 103.2 102.9 103.2 106.3 106.2 105.6 105.9 109.1 108.7 108.0 108.2 110.8 110.1 109.3 109.0 112.0 110.9 110.3 108.6 114.4 112.4 111.9 107.7 102.3 102.2 102.1 102.2 102.9 102.9 102.6 102.8 103.4 103.4 103.0 103.3 104.5 104.4 104.0 104.4 105.3 105.2 104.7 105.1 106.1 105.9 105.4 105.7 106.7 106.5 106.0 106.2 107.3 107.0 106.5 106.8 45 46 47 48 57 109.6 114.1 117.9 111.9 112.8 123.8 105.8 109.3 110.6 112.5 113.2 114.2 114.8 114.3 58 59 60 106.6 106.6 106.5 108.5 108.2 108.0 109.8 109.3 109.0 103.6 102.3 102.3 105.7 102.8 103.5 118.8 112.1 112.9 104.0 104.0 104.1 106.7 106.7 106.7 107.5 107.5 107.3 108.2 108.2 108.1 108.4 108.2 108.1 108.9 108.6 108.4 108.9 108.6 108.3 107.8 107.5 107.2 61 62 63 64 102.8 102.8 102.4 102.8 105.6 105.5 104.8 105.2 108.4 107.8 106.9 107.3 110.2 109.3 108.3 108.1 111.2 109.7 109.0 106.7 113.0 110.4 109.7 104.1 101.8 101.8 101.6 101.8 102.5 102.5 102.1 102.4 102.9 102.9 102.4 102.8 104.0 104.0 103.4 104.0 104.7 104.6 104.0 104.4 105.3 105.1 104.5 104.8 106.0 105.8 105.1 105.5 106.6 106.3 105.5 106.0 65 106.2 112.8 117.7 106.8 99.9 101.2 103.1 105.9 106.9 109.0 111.0 110.7 114.1 115.6 66 67 68 101.6 101.6 101.6 103.7 103.5 103.6 104.8 104.7 104.8 93.7 87.4 93.8 93.7 87.5 87.5 86.2 86.2 86.2 100.2 100.2 100.3 101.8 101.8 101.8 101.6 101.6 101.6 102.6 102.6 102.5 103.3 103.2 103.3 102.0 101.8 102.0 104.4 104.3 104.4 104.9 104.9 104.9 69 72 104.6 104.6 104.6 104.6 109.0 109.0 109.0 108.9 112.4 112.4 112.4 112.3 113.9 113.8 113.8 113.9 114.1 114.2 114.2 114.2 117.3 117.4 117.4 117.4 102.9 103.0 102.9 102.9 104.0 104.1 104.0 104.0 105.2 105.1 105.2 105.1 106.2 106.2 106.3 106.3 107.6 107.6 107.6 107.4 108.7 108.7 108.7 108.6 109.4 109.4 109.5 109.3 110.3 110.2 110.3 110.1 73 111.3 114.8 118.0 114.6 119.6 135.6 107.3 111.1 112.5 114.4 114.3 116.0 115.2 113.6 108.7 107.0 106.9 115.2 111.2 112.1 136.0 126.5 127.4 106.0 106.0 106.1 109.3 109.3 109.2 110.6 110.5 110.4 111.2 111.3 111.1 111.0 110.9 110.6 112.6 112.3 111.9 111.2 110.8 110.4 109.3 108.8 108.4 101.7 101.7 101.3 101.6 101.8 101.8 101.2 101.7 102.9 102.8 102.1 102.8 103.2 103.1 102.4 103.0 103.5 103.4 102.6 103.1 104.1 103.9 103.1 103.6 104.7 104.3 103.4 103.9 70 71 74 75 76 109.3 109.3 109.2 111.0 110.7 110.3 112.4 111.7 111.3 77 78 79 80 101.9 101.9 101.4 101.9 103.9 103.7 102.9 103.4 106.2 105.6 104.5 104.9 108.3 107.1 105.9 105.4 109.7 107.5 106.7 103.8 110.7 107.2 106.5 99.7 101.2 101.2 101.0 101.2 .81 103.0 102.5 95.6 84.2 99.4 111.2 100.8 102.3 103.6 105.3 105.1 103.0 101.4 100.4 82 83 84 98.9 98.8 98.9 95.1 95.1 95.1 86.4 86.3 86.4 75.3 75.2 75.2 87.4 87.4 87.4 94.6 94.6 94.7 97.7 99.2 99.2 99.2 100.0 100.0 100.0 98.7 97.6 97.7 98.6 98.5 98.6 98.6 98.7 95.6 95.6 95.6 93.8 93.7 93.8 92.3 92.3 92.3 85 86 87 88 104.3 104.2 104.2 104.2 107.8 107.8 107.8 107.8 110.7 110.7 110.7 110.7 111.9 112.0 111.9 111.9 113.6 113.7 113.6 113.7 117.4 117.6 117.5 117.6 103.2 103.2 103.2 103.2 103.9 103.9 103.8 103.8 104.5 104.4 104.4 104.4 105.4 105.4 105.3 105.3 106.6 106.6 106.5 106.5 107.8 107.8 107.8 107.8 108.2 108.2 108.2 108.2 108.8 108.8 108.7 108.8 SURVEY OF CURRENT BUSINESS August 1994 • 35 Table 7.1.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product—Continued [Index numbers, 1987=100] Seasonally adjusted 1990 Line Services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Gross private domestic investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .. Benchmark-years weights ... Price indexes: Fixed 1987 weights Chain-type annual weights .. Benchmark-years weights ... Implicit price deflator Fixed investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Nonresidential: Current dollars Quantity indexes: Fixed 1987 weights .... Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights .... Chain-type annual weights Benchmark-years weights Implicit price deflator Structures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Producers' durable equipment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weicjhts Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weiqhts Benchmark-years weights Implicit price deflator Residential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Imolicit orice deflator 1991 1992 I II III IV I II III IV 1994 1993 I II III IV 147.5 149.7 151.6 153.8 113.6 113.2 113.2 114.5 113.9 113.9 114.9 114.3 114.3 115.9 115.3 115.3 133.9 133.5 133.5 132.7 I II III IV 139.7 142.5 144.0 I II 155.8 158.2 160.3 116.5 115.8 115.8 117.6 116.9 116.9 118.0 117.3 117.3 135.0 134.5 134.5 133.8 135.9 135.5 135.5 134.4 137.0 136.6 136.6 135.9 33 122.0 125.0 127.8 129.3 130.6 132.8 134.5 136.6 34 35 36 106.9 106.9 106.7 108.0 108.0 107.9 108.8 108.7 108.6 108.4 108.3 108.2 108.3 108.2 108.0 109.1 108.9 108.8 109.3 109.1 109.0 109.8 109.6 109,5 111.0 110.7 110.7 111.9 111.6 111.6 112.8 112.4 112.4 37 38 39 40 114.3 114.2 114.1 114.2 115.9 115.8 115.7 115.7 117.8 117.6 117.6 117.5 119.5 119.3 119.2 119.2 121.1 120.8 120.8 120.7 122.2 121.9 121.9 121.7 123.6 123.3 123.3 123.1 125.1 124.8 124.7 124.5 126.6 126.2 126.2 125.9 128.1 127.7 127.7 127.3 129.4 129.0 129.0 127.7 130.8 130.3 130.4 129.8 131.9 131.5 131.5 130.8 133.1 132.6 132.6 •131.9 41 110.6 111.8 108.4 100.9 97.8 97.8 101.0 101.0 99.8 105.2 106.2 109.7 113.9 116.1 117.7 123.1 129.0 137.7 42 43 44 102.3 108.0 102.1 103.3 108.4 103.2 100.2 108.1 100.1 92.8 92.5 89.6 89.2 88.8 92.9 92.2 91.9 93.1 92.4 92.1 91.7 90.7 90.6 96.8 95.7 95.6 97.9 96.3 96.4 100.8 107.3 89.4 89.2 88.8 99.1 99.2 105.3 102.6 102.7 107.6 104.1 104.1 109.7 105.2 105.2 115.1 109.6 109.6 120.0 114.1 114.1 126.6 121.0 120.9 49 113.3 111.3 111.2 107.9 103.8 103.2 103.3 102.7 1.04.3 108.4 109.3 112.4 115.3 117.7 120.1 126.4 130.4 133.8 50 51 52 105.4 105.0 104.8 103.1 102.7 102.6 102.4 102.0 101.9 99.1 98.5 98.4 94.9 94.2 94.8 93.8 93.9 94.7 93.2 93.5 95.9 94.4 94.8 99.8 98.0 98.5 100.7 94=3 94.5 93.8 93.7 98.5 99.1 103.5 101.0 101.6 106.6 103.2 103.8 108.9 104.8 •105.3 111.9 106.6 107.2 117.8 111.8 112.4 120.8 114.6 115.1 123.4 116.9 117.5 53 54 55 56 108.3 107.9 107.3 107.6 108.7 108.3 107.6 107.9 109.5 109.0 108.3 108.6 110.0 109.5 108.8 108.9 110.5 110.0 109.2 109.4 110,6 110.1 109.2 109.2 111.0 110.2 109.5 109.0 110.9 110.1 109.4 108.5 111.3 110.5 109.8 108.7 111.6 110.7 110.1 108.7 112.2 111.0 110.5 108.5 112.7 111.3 110.7 108.6 113.3 111.7 111.2 108.2 114.1 112.3 111.7 108.1 114.7 112.7 112.1 107.4 115.3 113.0 112.4 107.3 116.2 113.8 113.3 107.9 117.0 114.6 114.0 108.5 45 46 47 48 57 117.8 116.9 119.4 117.4 114.1 112.8 111.4 109.2 109.3 112.9 113.7 115.2 118.5 122.4 124.4 129.8 133.7 137.3 58 59 60 110.5 110.1 109.8 109.4 108.9 108.6 110.7 110.4 110.1 108.5 107.9 107.7 104.9 104.3 104.0 104.1 103.2 103.0 103.3 102.0 102.0 101.8 101.8 99.9 99.7 100.2 100.2 105.4 103.0 103.6 106.7 103.5 104.4 108.7 105.0 105.8 112.6 107.6 108.4 116.7 110.9 111.6 120.1 112.5 113.3 126.0 117.4 118.1 129.3 120.3 121.1 132.2 122.8 123.6 61 62 63 64 107.4 107.0 106.1 106.5 107.9 107.4 106.4 106.9 108.7 108.2 107.2 107.8 109.4 108.8 107.8 108.2 110.2 109.5 108.4 108.8 110.1 109.3 108.3 108.4 110.3 109.2 108.3 107.8 110.4 109.3 108.4 107.3 110.8 109.7 108.8 107.4 111.0 109.7 108.9 107.1 111.5 109.8 109.1 106.5 111.6 109.7 109.0 106.0 112.2 110.0 109.3 105.3 112.8 110.4 109.6 104.9 113.3 110.5 109.8 103.5 113.7 110.7 109.9 103.0 114.4 111.3 110.5 103.4 115.1 111.9 111.2 103.9 65 118.9 118.6 119.0 114.2 112.7 110.0 104.0 100.4 101.2 100.9 99.0 98.4 99.6 100.6 101.5 103.1 100.8 105.9 66 67 68 106.8 106.7 106.8 106.0 105.9 106.0 105.6 105.5 105.6 100.9 100.8 100.9 99.1 99.1 99.1 96.5 96.5 96.5 91.0 91.0 91.0 88.4 88.4 88.4 89.0 89.0 89.0 88.7 88.7 88.7 86.6 86.6 86.6 85.4 85.5 85.5 85.9 86.0 86.0 86.0 86.0 86.0 86 !l 86.1 86.1 86.8 86.8 86.8 84.1 84.2 84.2 87.9 88.0 88.0 69 70 71 72 111.4 111.4 111.4 111.3 112.0 112.0 112.0 111.9 112.8 112.8 112.8 112.7 113.3 113.3 113.3 113.3 113.7 113.7 113.7 113.8 113.9 113.9 113.9 114.0 114.3 114.2 114.3 114.3 113.5 113.6 113.6 113.6 113.6 113.6 113.6 113.7 113.7 113.8 113.8 113.8 114.2 114.2 114.2 114.3 115.1 115.1 115.1 115.2 115.8 115.8 115.8 115.9 116.9 116.9 116.9 116.9 117.8 117.9 117.9 117.9 118.8 118.8 118.8 118.8 119.7 119.7 119.7 119.8 120.3 120.3 120.3 120.4 73 117.2 116.1 119.6 119.1 114.9 114.3 115.3 113.9 113.6 119.2 121.4 124.1. 128.4 133.9 136.3 143.8 150.9 153.8 74 75 76 112.5 111.8 111.4 111.2 110.4 110.0 113.4 113.0 112.5 112.6 111.7 111.3 108.0 107.0 106.6 108.1 106.8 106.5 109,8 108.0 107.9 108.9 106.2 106.5 108.5 105.5 106.1 114.2 110.8 111.5 117.3 112.8 113.8 120.9 115.8 116.8 126.5 119.6 120.6 132.8 124.7 125.6 137.9 127.2 128.2 146.6 134.4 135.3 153.0 140.5 141.4 155.4 142.3 143.3 77 78 79 80 105.3 104.8 103.7 104.2 105.7 105.1 104.0 104.4 106.6 105.9 104.7 105.4 107.4 106.6 105.4 105.8 108.3 107.3 106.1 106.4 108.1 107.1 105.8 105.7 108.2 106.8 105.6 105.0 108.7 107.2 106.1 104.6 109.3 107.7 106.7 104.7 109.6 107.7 106.8 104.4 110.0 107.5 106.8 103.5 109.8 107.1 106.4 102.6 110.3 107.3 106.6 101.5 110.7 107.4 106.6 100.8 110.9 107.2 106.4 111.1 107.1 106.3 111.7 107.5 106.7 112.5 108.2 107.4 98.8 98.1 98.7 99.0 81 103.5 98.7 93.2 86.9 81.1 81.9 85.5 88.2 93.2 98.6 99.6 106.1 108.3 107.3 110.7 118.6 123.0 126.2 82 83 84 94.0 93.9 94.0 89.3 89.3 89.3 83.9 83.8 83.9 78.3 78.2 78.3 72.9 72.8 72.9 73.3 73.2 73.3 76.0 75.9 76.0 78.8 78.7 78.8 82.9 82.8 82.9 87.2 87.2 87.2 87.4 87.4 87.4 92.2 92.2 92.2 93.4 93.4 93.5 91.6 91.6 91.7 93.7 93.6 93.7 99.7 99.7 99.8 102.1 102.1 102.2 103.9 103.9 104.0 85 86 87 88 110.2 110.2 110.1 110.2 110.5 110.5 110.5 110.5 111.1 111.1 111.1 111.1 111.1 111.1 111.1 111.1 111.3 111.3 111.3 111.2 111.7 111.8 111.7 111.7 112.6 112.6 112.6 112.5 112.1 112.1 112.0 111.9 112.4 112.5 112.4 113.0 113.1 113.0 iis.n 113.9 114.0 114.0 iun 115.1 115.2 115.1 115.7 115.9 115.8 116.9 117.2 117.1 118.0 118.2 118.1 120.2 120.4 120.3 11RQ 1179 121.1 121.4 121.3 11S.1 118.8 119.0 118.9 nan 11?4 11R9 19ns 191 4 36 • August 1994 SURVEY OF CURRENT BUSINESS Table 7.1.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product—Continued [Index numbers, 1987=100] Seasonally adjusted Line Exports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights . . . . Chain-type annual weights Benchmark-years weights Im elicit orice deflator Imports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator Government purchases: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Beinch mark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Federal: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator National defense: Current dollars Quantity indexes: Fixea 1987 weights* Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights . Benchmark-years weights Implicit price deflator Nondefense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .. Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator State and local: Current dollars Quantity indexes: Fixea 1987 weights Chain-type annual weignts Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Imolicit orice deflator 1988 1989 1990 1991 1992 1993 1988 1989 I II III IV I II III IV 89 122.0 139.6 153.1 165.2 175.3 181.1 115.0 120.6 124.3 128.3 134.6 140.0 139.9 143.9 90 91 92 115.9 115.7 115.5 129.6 129.3 129.2 140.3 139.4 139.5 149.1 147.3 147.6 159.0 155.5 156.5 165.5 159.7 160.8 111.9 111.8 111.8 114.6 114.5 114.4 116.5 116.3 116.1 120.4 120.1 119.9 124.9 124.7 124.7 129.7 129.4 129.2 129.9 129.6 129.5 134.0 133.5 133.4 93 94 95 96 105.7 105.5 105.1 105.3 108.2 108.0 107.3 107.7 110.0 109.8 108.9 109.1 112.6 112.1 111.2 110.8 113.9 112.8 112.0 110.2 115.3 113.4 112.6 109.4 103.0 102.9 102.7 102.8 105.6 105.4 105.0 105.2 107.1 106.9 106.3 106.7 107.0 106.9 106.3 106.6 108.1 107.9 107.3 107.8 108.4 108.2 107.6 107.9 108.0 107.9 107.2 107.6 108.1 107.9 107.2 107.4 97 108.9 115.9 123.9 122.5 131.8 142.9 106.6 107.4 108.6 113.0 113.4 116.3 116.1 117.9 98 99 100 103.7 103.5 103.5 107.6 107.0 106.8 111.5 110.6 110.5 110.9 108.7 109.0 120.5 116.3 117.5 133.4 126.7 127.9 102.7 102.6 102.7 101.6 101.5 101.5 103.7 103.6 103.5 106.7 •106.4 106.3 105.4 105.0 104.8 106.9 106.4 106.2 108.6 107.9 107.7 109.5 108.7 108.6 101 102 103 104 105.4 105.2 104.8 105.1 108.5 108.3 107.4 107.8 112.4 112.1 110.7 111.2 113.8 112.7 111.3 110.5 115.4 113.6 112.5 109.4 115.2 112.8 111.7 107.1 104.0 103.9 103.8 103.9 106.0 105.9 105.5 105.7 105.0 104.8 104.3 104.7 106.5 106.2 105.5 106.0 108.3 108.0 107.3 107.6 109.4 109.3 108.3 108.8 107.8 107.6 106.7 106.9 108.6 108.4 107.4 107.7 105 104.2 110.6 118.8 124.5 127.7 130.3 102.6 103.7 104.2 106.4 107.8 110.1 111.8 112.8 106 107 108 100.6 100.6 100.6 102.6 102.6 102.5 105.8 105.8 105.6 107.1 106.9 106.8 106.3 106.2 106.0 105.5 105.3 105.1 100.2 100.1 100.2 100.5 100.3 100.4 100.2 100.2 100.2 101.5 101.6 101.4 101.0 101.1 101.0 102.4 102.4 102.2 103.5 103.5 103.3 103.5 103.6 103.4 109 110 111 112 103.7 103.6 103.7 103.6 107.9 107.8 107.9 107.8 112.6 112.3 112.4 112.3 116.8 116.4 116.6 116.3 120.8 120.2 120.5 120.1 124.5 123.7 124.0 123.5 102.4 102.4 102.4 102.4 103.3 103.3 103.3 103.2 104.1 104.0 104.2 103.9 104.8 104.8 104.9 104.8 106.7 106.6 106.7 106.7 107.6 107.5 107.6 107.5 108.2 108.1 108.2 108.1 109.1 109.0 109.1 109.0 113. 100.5 104.3 110.8 115.8 116.6 115.2 100.4 100.3 99.6 101.8 101.9 104.3 105.8 105.2 114 115 116 98.0 97.9 97.9 97.7 100.5 100.1 97.0 92.7 97.8 97.5 99.8 99.7 99.4 96.9 96.5 92.5 92.1 98.0 97.7 97.8 97.1 97.0 97.0 98.3 98.5 98.2 96.1 96.3 96.1 97.9 98.0 97.7 99.1 99.0 98.8 97.7 97.7 99.8 98.7 98.4 98.6 117 118 119 120 102.8 102.7 102.8 102.6 107.0 106.7 106.9 106.8 111.8 111.2 111.4 111.0 116.5 115.7 116.0 115.3 121.5 120.4 120.9 120.2 126.1 124.6 125.1 124.4 101.9 101.9 101.9 101.8 102.6 102.6 102.6 102.3 103.0 102.8 103.1 102.6 103.7 103.5 103.7 103.6 106.0 105.8 106.0 106.0 106.7 106.4 106.6 106.6 107.2 106.8 107.1 106.8 108.2 107.7 108.0 107.7 121 101.2 102.7 107.5 110.5 107.6 103.7 101.6 100.9 100.7 101.6 100.5 102.1 104.5 103.6 122 123 124 98.3 98.2 97.1 96.5 96.5 96.4 83.4 82.8 82.7 99.6 99.5 99.5 98.3 98.2 98.2 96.4 94.6 94.7 96.0 95.8 95.7 98.2 97.4 97.2 97.8 97.8 97.6 94.7 95.5 95.5 89.5 88.9 88.8 97.4 98.1 96.3 96.1 96.0 97.8 97.7 96.0 96.0 125 126 127 128 103.1 103.0 102.9 103.0 107.1 106.9 106.7 106.6 112.1 111.4 111.4 110.7 116.5 115.8 115.7 114.7 122.0 121.1 121.1 120.2 126.6 125.3 125.3 124.2 102.1 102.1 102.0 102.0 102.9 102.8 102.7 102.7 103.4 103.3 103.2 103.3 103.9 103.9 103.6 103.9 106.3 106.2 106.0 106.1 106.8 106.6 106.4 106.4 107.1 106.9 106.7 106.4 108.3 107.8 107.8 107.5 129 98.5 109.5 121.1 132.5 145.1 151.7 96.8 98.2 96.3 102.5 106.3 111.4 109.8 110.5 130 131 132 97.1 96.8 97.2 102.0 103.2 102.4 108.2 109.8 108.7 113.4 114.9 113.5 120.8 122.4 121.0 121.7 123.4 122.0 95.7 94.9 95.5 97.0 96.2 96.8 96.0 95.8 96.3 99.8 100.5 100.2 100.5 101.5 100.8 103.9 105.1 104.2 101.8 103.0 102.2 101.9 103.0 102.3 133 134 135 136 102.0 101.7 102.6 101.4 106.7 106.1 107.3 107.3 110.8 110.3 111.4 112.0 116.6 115.4 116.8 116.9 119.8 118.6 120.0 120.2 124.3 122.9 124.4 124.7 101.5 101.5 101.8 101.2 101.9 101.8 102.4 101.2 101.6 101.1 102.6 100.4 102.9 102.3 103.8 102.6 105.2 104.7 106.0 105.8 106.4 105.8 107.0 107.1 107.3 106.6 107.8 107.8 107.8 107.3 108.4 108.4 137 107.1 115.5 125.0 131.2 136.2 141.9 104.3 106.3 107.7 109.9 112.4 114.5 116.5 118.7 138 139 140 102.6 102.6 102.6 106.4 106.4 106.4 110.5 110.5 110.5 112.2 112.2 112.2 113.4 113.3 113.3 115.4 115.1 115.2 101.5 101.5 101.5 102.4 102.4 102.4 102.7 102.7 102.7 103.9 103.9 103.9 104.9 104.8 104.8 105.8 105.8 105.8 106.9 106.8 106.9 108.0 108.0 108.0 141 142 143 144 104.3 104.3 104.3 104.3 108.6 108.6 108.6 108.6 113.2 113.2 113.1 113.2 117.0 117.0 116.9 116.9 120.3 120.2 120.2 120.1 123.4 123.3 123.2 123.0 102.8 102.8 102.8 102.8 103.8 103.8 103.8 103.8 104.9 104.9 104.9 104.9 105.8 105.8 105.7 105.7 107.2 107.2 107.2 107.2 108.2 108.3 108.3 108.2 109.0 109.0 109.0 109.0 109.9 109.9 109.9 109.9 97.5 SURVEY OF CURRENT BUSINESS August 1994 •' 37 Table 7.1.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product—Continued [Index numbers, 1987=100] Seasonally adjusted Line Exports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights . Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Imports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator .. Government purchases: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Federal: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator National defense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator . ... ... Nondefense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator State and local: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Implicit price deflator ^ 1990 I II 89 148.9 152.1 152.6 158.7 158.4 90 91 92 137.9 137.3 137.2 140.4 139.7 139.8 139.7 138.7 138.8 143.0 142.1 142.1 142.6 141.1 141.2 93 94 95 96 108.8 108.5 107.7 108.0 109.2 108.9 108.1 108.3 110.3 110.1 109.2 109.2 111.9 111.6 110.7 111.0 112.6 112.3 111.3 111.1 97 121.5 121.3 125.0 128.0 98 99 100 110.9 110.1 110.0 112.4 111.7 111.5 112.6 111.7 111.6 109.9 108.8 108.8 101 102 103 104 110.3 110.1 108.9 109.5 108.8 108.5 107.3 107.9 112.0 111.7 110.3 111.1 105 116.6 117.7 106 107 108 105.3 105.3 105.1 105.6 105.5 105.4 109 110 111 112 111.0 110.8 110.9 110.7 113 114 115 116 117 118 119 120 I III IV I II 165.4 165.4 171.4 173.6 149.5 147.8 148.1 149.7 147.8 148.2 154.6 152.6 153.0 156.9 154.4 155.1 112.3 112.0 111.0 110.7 112.3 111.8 110.9 110.5 113.0 112.3 11.1.4 110.9 120.2 121.0 122.9 106.4 104.7 104.8 110.0 108.1 108.2 112.8 110.3 110.7 118.3 118.0 116.2 116.5 115.5 114.7 113.2 113.0 113.0 112.0 110.6 110.0 118.9 122.1 124.3 105.4 105.4 105.2 106.9 107.0 106.7 107.7 107.7 107.4 111.8 111.6 111.7 111.5 113.1 112.8 112.9 112.8 114.4 114.1 114.2 114.2 109.8 110.1 109.9 100.1 100.0 99.8 100.0 99.6 99.5 98.6 98.5 98.3 110.3 109.8 110.1 109.7 111.0 110.5 110.7 110.1 1994 1993 III IV I II III IV I ii 173.8 175.5 178.4 177.7 181.4 178.3 186.9 185.3 193.2 157.5 154.1 155.2 159.5 155.5 156.7 162.3 157.9 159.1 161.9 157.1 158.2 164.9 159.8 160.9 163.6 157.2 158.3 171.8 164.8 165.8 170.2 162.4 163.5 176.6 168.4 169.5 113.2 112.4 111.6 110.7 113.8 112.8 112.1 110.4 114.1 112.9 112.2 110.0 114.3 112.9 112.2 109.9 114.7 113.1 112.4 109.8 115.3 113.5 112.8 110.0 11.5.4 113.4 112.7 109.0 115.6 113.5 112.7 108.8 116.7 114.2 113.5 108.8 117.4 114.9 114.2 109.4 125.7 126.6 130.9 133.4 136.4 137.3 142.7 143.2 148.2 150.1 158.4 114.3 111.7 112.1 116.1 112.7 113.7 119.7 115.9 117.0 122.2 117.4 118.7 124.1 119.2 120.5 127.6 122.0 123.3 132.1 125.7 127.0 134.4 127.2 128.5 139.5 131.7 132.9 142.7 134.4 135.6 149.0 139.9 141.2 112.6 111.4 110.0 109.0 114.1 112.6 111.4 110.0 113.9 112.2 111.1 109.0 114.8 113.1 112.0 109.4 116.7 114.7 113.6 109.2 116.4 114.4 113.3 109.9 114.7 112.6 111.5 107.7 115.9 113.5 112.4 108.1 115.0 112.5 111.4 106.5 115.3 112.5 111.4 106.2 114.5 111.6 110.5 1Q5.2 116.4 113.3 112.2 106.3 124.6 124.5 124.6 126.4 126.7 128.4 129.1 129.0 130.0 130.8 131.3 131.6 132.3 107.8 107.5 107.4 106.8 106.6 106.4 106.0 106.0 105.7 106.4 106.3 106.1 105.6 105.5 105.3 106.5 106.3 106.1 106.7 106.6 106.4 105.1 105.1 104.9 105.4 105.3 105.1 105.7 105.4 105.2 105.7 105.3 105.1 104.4 104.4 104.2 103.9 104.0 103.8 115.8 115.5 115.6 115.4 116.2 115.9 116.0 115.6 117.1 116.8 116.9 116.6 118.0 117.5 117.7 117.5 119.5 119.0 119.2 118.9 120.5 120.0 120.2 120.0 121.4 120.8 121.1 120.6 121.8 121.1 121.4 121.0 123.5 122.7 123.0 122.7 124.3 123.5 123.7 123.4 124.9 124.1 124.3 123.7 125.4 124.6 124.9 124.2 126.7 126.1 126.3 126.1 128.3 127.4 127.6 127.3 113.4 117.4 116.9 115.1 113.9 115.7 115.2 117.6 118.1 116.1 115.6 115.0 114.2 113.7 113.0 100.4 100.6 100.1 102.7 102.5 102.0 102.4 101.6 101.6 99.6 99.2 99.0 97.2 97.1 96.7 96.9 96.8 96.4 95.7 95.6 95.2 97.7 97.3 97.0 97.9 97.8 97.5 93.9 94.0 93.7 93.1 93.1 92.7 92.4 91.9 91.6 91.2 90.9 90.5 88.8 89.2 88.9 86.7 87.2 86.8 112.4 111.7 112.0 111.5 113.5 112.6 113.0 112.9 115.4 114.6 114.9 114.3 115.7 115.1 115.3 114.2 116.7 116.0 116.3 115.5 118.3 117.2 117.7 117.2 120.5 119.5 119.9 119.4 121.3 120.4 120.8 120.4 122.0 120.8 121.3 120.4 122.2 120.9 121.4 120.6 125.0 123.5 124.0 123.6 125.7 124.2 124.7 124.2 126.5 125.0 125.5 124.5 127.0 125.7 126.2 125.3 128.5 127.5 128.0 128.1 131.1 129.8 130.2 130.2 III IV II 121 106.8 107.0 105.8 110.4 113.6 111.8 109.9 106.7 106.9 106.2 109.1 108.2 105.1 104.7 102.4 102.4 99.9 99.6 122 123 124 97.7 97.1 97.1 97.6 96.7 96.9 95.4 94.6 94.7 97.8 97.4 97.2 100.0 99.3 99.2 98.8 97.3 97.6 95.6 94.6 94.7 91.0 90.6 90.5 89.3 89.0 88.8 88.2 87.6 87.6 90.6 89.7 89.7 89.9 89.2 89.2 85.0 84.6 84.6 84.5 84.0 83.9 82.5 81.5 81.5 81.7 80.9 80.8 78.2 78.2 78.1 77.0 76.9 76.9 125 126 127 128 110.6 110.0 110.0 109.4 111.3 110.7 110.6 109.6 112.7 111.9 111.9 111.0 114.0 113.1 113.1 112.9 115.3 114.4 114.4 113.6 115.5 114.9 114.8 113.2 116.7 116.1 115.9 114.9 118.7 117.7 117.8 117.2 121.0 120.1 120.2 119.7 121.9 121.1 121.1 120.4 122.6 121.7 121.8 120.4 122.7 121.4 121.5 120.4 125.6 124.3 124.3 123.7 126.0 124.6 124.6 123.9 127.0 125.6 125.6 124.1 127.9 126.6 126.7 125.3 129.0 127.8 127.9 127.7 131.2 129.6 129.6 129.3 129 119.1 119.7 122.8 122.8 129.1 133.0 131.6 136.4 143.2 143.4 144.5 149.4 150.7 150.1 154.6 151.4 157.3 155.2 130 131 132 107.7 109.3 108.2 107.4 108.9 108,0 108.9 110.6 109.5 108.6 110.5 109.1 111.0 112.8 1.11.1 113.8 115.2 114.0 112.3 113.8 112.5 116.5 117.8 116.6 120.5 121.6 120.4 119.3 121.2 119.6 120.0 121.7 120.2 123.4 125.3 123.7 122.0 124.1 122.6 120.1 122.0 120.5 123.5 125.1 123.6 121.0 122.6 121.2 121.8 124.4 122.9 117.4 119.8 118.3 133 134 135 136 109.5 109.0 110.1 110.5 110.2 109.9 110.8 111.4 111.4 110.9 112.0 112.8 112.0 111.2 112.6 113.1 115.8 114.8 116.1 116.4 116.5 115,4 116.8 116.9 116.8 115.6 117.0 117.3 117.1 115.8 117.2 117.0 118.8 117.8 119.2 118.8 119.5 118.4 119.8 120.3 120.2 118.7 120.2 120.5 120.9 119.4 120.9 121.1 123.0 121.5 123.0 123.5 124.7 123.1 124.6 125.0 125.1 123.6 125.1 125.2 124.4 123.5 125.0 125.1 127.2 126.5 127.9 129.1 130.9 129.7 131.2 132.2 137 121.8 123.6 125.9 128.9 129.6 130.6 131.8 132.8 134.8 135.6 136.8 137.6 139.0 141.2 143.0 144.5 145.4 147.3 138 139 140 109.3 109.3 109.3 109.9 110.0 110.0 110.7 110.7 110.7 111.9 111.9 111.9 111.6 111.6 111.6 112.1 112.1 112.0 112.3 112.3 112.2 112.8 112.8 112.8 113.8 113.6 113.6 113.3 113.1 113.1 113.3 113.1 113.2 113.5 113.3 113.4 113.8 113.6 113.6 115.0 114.7 114.8 116.0 115.7 115.7 116.9 116.5 116.5 116.4 116.2 116.2 117.3 116.9 117.0 141 142 143 144 111.5 111.5 111.4 111.5 112.4 112.4 112.4 112.4 113.7 113.7 113.6 113.7 115.1 115.1 115.1 115.2 116.1 116.1 116.1 116.1 116.6 116.6 116.5 116.5 117.4 117.4 117.3 117.3 117.8 117.8 117.7 117.7 118.7 118.7 118.6 118.5 120.0 119.9 119.9 119.8 121.0 120.9 120.9 120.7 121.5 121.4 121.4 121.2 122.4 122.3 122.3 122.2 123.2 123.1 123.0 122.8 123.7 123.6 123.6 123.3 124.1 124.0 124.0 123.6 125.3 125.2 125.2 124.9 126.1 126.0 125.9 125.6 NOTE.—The quantity and price indexes in this table are calculated from weighted averages of the detailed output and prices used to prepare each aggregate and component. The fixed-weighted measures use as weights the composition of output in 1987. For the alternative indexes, the chain-type indexes with annual weights use weights for 1992 1991 the preceding and current years, and the indexes with benchmark-years weights use weights of 1959, 1963, 1967, 1972,1977,1982,1987,1992, and the most recent year. Percent changes from preceding period for selected items in this table are shown in table 8.1. $8 • August 1994 SURVEY OF CURRENT BUSINESS Table 7.2.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product, Final Sales, and Purchases [Index numbers, 1987=100] Seasonally adjusted Line Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Final sales of domestic product1: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Gross domestic purchases2: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Final sales to domestic purchasers3: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator 1 1989 107.9 115.7 1990 1225 1991 1992 1993 1988 126.1 132.6 139.7 104.7 107.0 109.0 113.1 112.2 112.0 102.5 102.5 102.5 103.6 103.6 103.5 104.3 104.2 104.1 113.4 115.2 116.3 117.7 105.3 105.3 105.1 106.1 106.1 105.9 106.6 106.6 106.4 106.6 106.6 106.4 107.0 107.0 106.8 105.6 105.6 105.6 105.5 106.9 106.9 106.8 106.9 108.2 108.1 108.0 108.1 109.2 109.0 109.0 109.1 110.2 110.0 110.0 110.1 2 3 4 103.9 103.9 103.8 106.6 106.6 106.4 107.9 107.9 107.7 107.2 107.2 106.9 109.7 109.4 109.3 5 6 7 8 104.0 103.9 103.9 103.9 108.6 108.5 108.5 108.5 113.6 113.2 113.3 113.3 118.1 117.7 117.8 117.6 121.9 121.2 121.4 120.9 125.5 124.6 124.8 123.5 102.2 102.1 102.1 102.1 103.3 103.3 103.3 103.2 104.7 104.6 104.6 104.5 9 108.2 115.6 122.7 126.9 133.3 140.2 104.9 107.3 109.2 111.4 113.1 115.0 116.5 117.7 10 11 12 104.1 104.1 104.0 106.5 106.5 106.3 108.4 108.3 108.1 107.9 107.7 107.5 110.3 109.9 109.8 113.4 112.4 112.3 102.7 102.7 102.6 103.9 103.9 103.8 104.4 104.4 104.2 105.4 105.4 105.3 105.8 105.8 105.7 106.4 106.4 106.2 106.9 106.8 106.6 107.0 107.0 106.8 13 14 15 16 104.0 104.0 103.9 103.9 108.6 108.5 108.5 108.5 113.6 113.3 113.3 113.2 118.2 117.8 117.8 117.6 122.0 121.4 121.5 120.9 125.6 124.7 124.8 123.6 102.2 102.2 102.2 102.1 103.3 103.3 103.3 103.3 104.7 104.7 104.7 104.7 105.7 105.6 105.6 105.6 107.0 106.9 106.9 106.9 108.2 108.1 108.1 108.1 109.2 109.1 109.1 109.0 110.2 110.0 110.0 110.0 17 106.9 113.8 120.0 122.7 129.2 136.8 104.1 106.0 107.7 110.0 111.8 113.4 18 19 20 103.0 102.9 102.9 104.9 104.8 104.7 105.7 105.8 105.6 104.4 104.2 104.1 107.0 106.6 106.6 111.2 110.0 110.0 101.8 101.8 101.8 102.6 102.5 102.5 103.3 103.2 103.2 104.3 104.2 104.1 104.6 104.6 104.4 104.8 104.8 104.6 105.0 105.0 104.8 105.1 105.2 105.0 21 22 23 24 104.0 103.9 103.9 103.9 108.6 108.6 108.5 108.5 113.7 113.4 113.4 113.4 118.1 117.7 117.7 117.5 121.8 121.3 121.3 120.7 125.2 124.4 124.5 123.0 102.3 102.3 102.3 102.2 103.4 103.4 103.4 103.3 104.5 104.5 104.5 104.3 105.6 105.6 105.5 105.5 107.0 106.9 106.9 106.9 108.3 108.2 108.1 108.2 109.1 1093 108.9 109.0 1T0.2 110.0 110.0 110.0 25 107.2 113.8 120.5 123.4 129.9 137.3 104.3 106.3 108.0 110.2 111.5 113.2 114.7 115.7 26 27 28 103.1 103.1 103.0 104.8 104.8 104.7 106.2 106.1 106.0 105.0 104.7 104.7 107.6 107.0 107.1 111.5 110.2 110.3 102.0 102.0 101.9 102.8 102.8 102.7 103.4 103.3 103.3 104.4 104.4 104.3 104.3 104.2 104.1 104.6 104.6 104.4 105.2 105.1 105.0 105.2 105.1 105.0 29 30 31 32 104.0 104.0 103.9 103.9 108.7 108.6 108.5 108.5 113.8 113.5 113.4 113.4 118.2 117.8 117.7 117.6 121.9 121.4 121.4 120.7 125.3 124.6 124.5 123.1 102.3 102.3 102.3 102.3 103.5 103.4 103.4 103.4 104.6 104.5 104.5 104.5 105.7 105.6 105.5 105.6 107.0 106.9 106.9 106.9 108.3 108.2 108.2 108.2 109.2 109.1 109.0 108.9 110.2 110.1 110.0 110.0 115.7 SURVEY OF CURRENT BUSINESS August 1994 • 39 Table 7.2.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product, Final Sales, and Purchases—Continued [Index numbers, 1987=100] Seasonally adjusted Line 1990 I Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Final sales of domestic product l : Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Gross domestic purchases2: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Final sales to domestic purchasers3: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights .. Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator II III IV I II III IV I II 1993 III IV I II 1994 III IV 1 II 1 120.3 122.0 123.0 123.3 124.2 125.7 126.9 127.7 129.9 131.5 133.1 135.9 137.4 138.8 140.1 142.7 144.8 147.3 2 3 4 107.9 108.0 107.7 108.3 108.4 108.1 108.1 108.1 107.9 107.2 107.3 107.0 106.7 106.7 106.4 107.2 107.2 106.9 107.5 107.4 107.2 107.5 107.4 107.2 108.3 108.2 108.0 109.0 108.8 108.6 109.9 109.6 109.5 111.5 111.0 110.9 111.8 111.2 111.0 112.5 111.7 111.5 113.2 112.2 112.0 114.9 113.6 113.4 115.9 114.5 114.3 117.0 115.6 115.4 ... 5 6 7 8 111.7 111.5 111.5 111.5 112.9 112.7 112.7 112.7 114.3 113.9 114.0 113.8 115.3 114.9 115.0 115.0 116.8 116.4 116.5 116.4 117.7 117.3 117.4 117.2 118.6 118.2 118.3 118.0 119.4 118.9 119.0 118.8 120.5 120.0 120.2 119.9 121.5 120.9 121.1 120.7 122.3 121.6 121.8 121.1 123.2 122.4 122.6 121.9 124.4 123.6 123.8 122.9 125.2 124.3 124.5 123.4 125.8 124.9 125.1 123.7 126.6 125.6 125.8 124.1 127.5 126.6 126.8 125.0 128.5 127.5 127.7 125.9 9 120.8 122.0 123.5 124.6 125.3 126.7 127.4 128.1 130.8 132.2 133.8 136.5 137.7 139.2 140.6 143.3 145.1 146.7 10 11 12 108.4 108.3 108.2 108.3 108.2 108.1 108.5 108.4 108.2 108.3 108.2 108.0 107.6 107.6 107.3 108.1 107.9 107.8 107.9 107.7 107.5 107.8 107.6 107.5 109.1 108.9 108.7 109.5 109.2 109.1 110.4 110.0 110.0 112.0 111.4 111.3 112.0 111.3 111.3 112.7 111.8 111.8 113.6 112.4 112.4 115.4 114.0 113.9 116.0 114.6 114.5 116.4 115.0 114.9 13 14 15 16 111.8 111.5 111.5 111.4 113.0 112.8 112.7 112.7 114.3 114.0 114.0 113.9 115.4 115.0 115.1 115.0 116.9 116.5 116.5 116.4 117.8 117.4 117.4 117.2 118.7 118.3 118.3 118.1 119.5 119.0 119.1 118.8 120.6 120.2 120.2 119.9 121.6 121.1 121.2 120.7 122.4 121.8 121.9 121.1 123.3 122.5 122.6 121.9 124.5 123.7 123.8 122.9 125.3 124.4 124.5 123.5 125.9 125.0 125.1 123.8 126.7 125.8 125.9 124.2 127.7 126.8 126.9 125.1 128.6 127.6 127.7 126.0 17 118.2 119.6 120.9 121.1 121.1 122.1 123.4 124.1 126.1 128.2 129.9 132.6 134.2 135.9 137.4 139.9 142.2 144.9 18 19 20 105.9 105.9 105.7 106.3 106.3 106.1 106.1 106.1 106.0 104.7 104.8 104.6 103.8 103.8 103.6 104.2 104.1 104.0 104.8 104.6 104.5 104.6 104.4 104.3 105.4 105.2 105.1 106.4 106.1 106.0 107.4 106.9 106.9 108.9 108.3 108.3 109.6 108.8 108.7 110.5 109.4 109.4 111.6 110.2 110.2 113.2 111.5 111.5 114.6 112.8 112.8 115.8 114.0 113.9 21 22 23 24 111.8 111.6 111.5 111.6 112.8 112.6 112.5 112.6 114.3 114.0 114.0 114.0 115.9 115.6 115.6 115.6 117.0 116.6 116.6 116.6 117.6 117.2 117.2 117.1 118.5 118.1 118.0 117.8 119.3 118.9 118.9 118.6 120.4 119.9 120.0 119.7 121.4 120.9 120.9 120.5 122.4 121.8 121.8 120.9 123.1 122.5 122.5 121.8 124.1 123.4 123.5 122.5 124.9 124.2 124.2 123.0 125.4 124.7 124.7 123.2 126.2 125.4 125.5 123.6 127.0 126.2 126.3 124.2 128.0 127.2 127.2 125.1 25 118.7 119.6 121.4 122.3 122.1 123.1 123.9 124.5 127.0 128.8 130.5 133.2 134.5 136.2 137.9 140.4 142.5 144.3 26 27 28 106.4 106.3 106.2 106.3 106.1 106.0 106.5 106.4 106.3 105.8 105.7 105.5 104.8 104.6 104.5 105.1 104.9 104.8 105.2 104.9 104.8 104.9 104.6 104.5 106.1 105.8 105.8 106.9 106.4 106.5 107.9 107.3 107.4 109.4 108.6 108.7 109.8 108.9 109.0 110.7 109.6 109.6 111.9 110.5 110.5 113.6 111.9 111.9 114.7 112.9 112.9 115.2 113.4 113.5 29 30 31 32 111.9 111.7 111.6 111.5 112.9 112.7 112.6 112.6 114.4 114.1 114.0 114.0 116.0 115.7 115.6 115.6 117.0 116.7 116.6 116.6 117.7 117.4 117.2 117.1 118.5 118.2 118.1 117.9 119.4 119.0 118.9 118.7 120.5 120.1 120.0 119.6 121.5 121.0 121.0 120.5 122.5 121.9 121.9 120.9 123.2 122.6 122.6 121.8 124.2 123.6 123.5 122.5 125.0 124.3 124.3 123.1 125.5 124.8 124.8 123.2 126.3 125.6 125.5 123.6 127.1 126.4 126.3 124.3 128.1 127.3 127.3 125.2 . . . . 1. Equals GOP less change in business inventories. 2. Equals GDP less net exports of goods and services or equals the sum of personal consumption expenditures, gross private domestic investment, and government purchases. 1992 1991 3. Equals gross domestic purchases less change in business inventories or equals the sum of personal consumption expenditures, gross private domestic fixed investment, and government purchases. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 40 « August 1994 SURVEY OF CURRENT BUSINESS Table 7.3.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross National Product and Command-Basis Gross National Product [Index numbers, 1987=100] Seasonally adjusted Line 1988 1990 1991 1992 1993 Gross national product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator 1 108.0 115.9 122.5 126.3 132.6 139.7 104.8 107.0 109.0 111.2 113.6 115.4 116.5 118.1 2 3 4 104.0 103.9 103.9 106.8 106.8 106.6 108.2 108.2 108.0 107.4 107.4 107.1 109.7 109.4 109.3 113.1 112.2 112.0 102.7 102.6 102.6 103.6 103.6 103.5 104.3 104.2 104.1 105.4 105.4 105.2 106.3 106.3 106.1 106.8 106.8 106.6 106.8 106.9 106,6 107.3 107.3 107.1 5 104.0 103.9 103.9 103.9 108.6 108.5 108.5 108.5 113.6 113.2 113.3 113.2 118.1 117.7 117.7 117.6 121.8 121.2 121.4 120.9 125.4 124.5 124.7 123.5 102.2 102.1 102.1 102.1 103.3 103.3 103.3 103.2 104.7 104.6 104.6 104.5 105.6 105.6 105.6 105.5 106.9 106.9 106.8 106.9 108.2 108.1 108.0 108.1 109.2 109.0 109.0 109.1 110.2 110.0 110.0 110.1 9 10 122.1 116.3 141.9 131.5 154.7 140.4 161.4 143.7 164.5 146.7 169.6 151.7 115.5 •112.6 119.8 114.4 123.8 116.6 129.4 121.6 137.0 127.3 142.9 132.3 142.0 131.5 145.7 134.7 11 12 122.0 1.16.5 139.6 131.4 153.1 138.5 165.2 144.0 175.3 147.5 181.1 154.5 115.0 111.5 120.6 113.9 124.3 118.2 128.3 122.2 134.6 127.4 140.0 131.5 139.9 132.2 143.9 134.6 13 14 108.0 104.0 115.9 106.8 122.5 108.0 126.3 107.5 132.6 109.8 139.7 113.4 104.8 102.6 107.0 103.6 109.0 104.4 111.2 105.4 113.6 106.3 115.4 106.7 116.5 106.9 118.1 107.3 7 Less: Exports of goods and services and receipts of factor Income: Current dollars Quantity index, fixed 1987 weights Pius: Command-basis exports of goods and services and receipts of factor income: Current dollars Quantity index, fixed 1987 weights Equals: Command-basis gross national product: Current dollars Quantity index, fixed 1987 weights SURVEY OF CURRENT BUSINESS August 1994 Table 7.3.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross National Product and Command-Basis Gross National Product—Continued [Index numbers, 1987=100] Seasonally adjusted Line Gross national product: Current dollars Quantity indexes: Fixed 1987 weights . .. Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Implicit price deflator Less: Exports of goods and services and receipts of factor income: Current dollars Quantity index, fixed 1987 weights Plus: Command-basis exports of goods and services and receipts of factor income: Current dollars Quantity index, fixed 1987 weights Equals: Command-basis gross national product: Current dollars Quantity index fixed 1987 weights 1990 I II III IV r II III IV I II 1994 1993 III IV I II III IV 1 II 1 120.6 122.3 123.2 123.9 124.6 125.8 127.0 127.9 130.0 131.6 133.1 135.7 137.4 138.7 140.1 142.5 144.7 147.0 2 3 4 108.2 108.2 108.0 108.6 108.5 108.4 108.3 108.3 108.1 107.7 107.8 107.6 107.1 107.1 106.8 107.4 107.3 107.1 107.6 107.5 107.3 107.7 107.6 107.4 108.5 108.3 108.1 109.0 108.9 108.7 110.0 109.7 109.5 111.4 110.9 110.8 111.9 111.2 111.1 112.4 111.7 111.5 113.3 112.3 112.1 114.8 113.5 113.3 115.8 114.4 114.2 116.8 115.4 115.2 5 6 7 8 111.7 111.5 111.5 111.5 112.9 112.7 112.7 112.7 114.3 113.9 114.0 113.8 115.3 114.9 115.0 115.0 116.8 116.4 116.4 116.4 117.6 117.3 117.3 117.2 118.6 118.1 118.2 118.0 119.4 118.9 119.0 118.7 120.5 120.0 120.1 119,9 121.5 120.9 121.1 120.7 122.3 121.6 121.8 121.1 123.1 122.3 122.5 121.9 124.4 123.5 123.7 122.8 125.1 124.2 124.4 123.3 125.7 124.8 125.0 123.7 126.5 125.6 125.8 124.1 127.5 126.6 126.8 124.9 128.4 127.4 127.6 125.8 9 10 150.5 138.2 153.3 140.1 153.6 139.2 161.5 144.1 160.0 142.2 161.6 144.1 159.8 142.6 164.1 145.9 164.4 146.2 164.6 146.5 164.1 146.5 165.0 147.5 165.7 147.9 170.1 151.5 167.6 150.2 175.2 157.3 174.8 156.6 184.3 163.9 11 12 148.9 136.9 152.1 140.8 152.6 137.5 158.7 138.7 158.4 140.4 165.4 144.7 165.4 144.2 171.4 146.7 173.6 143.0 173.8 147.6 175.5 147.2 178.4 147.2 177.7 150.3 181.4 153.7 178.3 153.4 186.9 160.4 185.3 161.2 193.2 168.0 13 14 120.6 108.0 122.3 108.6 123.2 108.1 123.9 107.2 124.6 106.9 125.8 107.4 127.0 107.7 127.9 107.8 130.0 108.6 131.6 109.2 133.1 110.0 135.7 111.3 137.4 112.1 138.7 112.7 140.1 113.6 142.5 115.2 144.7 116.3 147.0 117.2 NOTE.—-Percent changes from preceding period for selected items in this table are shown in table 8.1. 1992 1991 42 • August 1994 SURVEY OF CURRENT BUSINESS Table 8.1.—Percent Change From Preceding Period in Selected Series [Percent] Seasonally adjusted at annual rates Line 1988 1989 1990 1992 1991 1993 I Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Personal consumption expenditures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Durable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Nondurable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Gross private domestic investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Fixed investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Nonresidential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts . 1989 1988 II I IV ill II IV Hi 1 7.9 7.2 5.6 3.2 5.2 5.4 6.1 9.1 7.6 8.1 8.6 6.3 3.8 5.1 2 3 4 3.9 3.9 3.8 2.5 2.6 2.5 1.2 1.2 1.2 -.6 -.7 -.7 2.3 2.1 2.2 3.1 2.5 2.5 2.6 2.6 2.4 4.3 4.4 4.2 2.5 2.4 2.4 3.9 4.1 3.9 3.2 3.4 3.1 1.8 1.7 1.7 0 0 .1 1.5 1.5 1.5 5 6 7 4.0 3.9 3.9 4.5 4.4 4.4 4.6 4.4 4.4 4.0 3.9 4.0 3.2 3.0 3.1 3.0 2.8 2.8 3.7 3.5 3.4 4.5 4.5 4.5 5.4 5.4 5.4 3.7 3.7 3.6 5.0 5.0 4.9 4.8 4.6 4.6 3.8 3.6 3.7 3.7 3.5 3.6 8 8.0 6.9 6.8 3.8 6.0 5.8 9.9 7.9 8.4 8.9 5.1 7.0 6.3 5.3 9 10 11 3.6 3.6 3.5 1.9 1.9 1.9 1.5 1.5 1.5 -.4 -.5 -.5 2.8 2.6 2.7 3.3 2.9 2.9 7.1 7.1 6.8 2.5 2.5 2.5 2.9 2.9 2.8 4.1 4.1 4.0 .1 0 .1 1.1 1.0 1.0 2.9 2.8 2.8 .8 .9 .8 12 4.3 5.0 5.3 4.4 3.5 2.8 2.7 5.2 5.3 4.6 5.2 5.9 3.5 4.4 13 14 4.2 4.2 4.9 4.9 5.2 5.2 4.3 4.3 3.4 3.5 2.8 2.8 2.7 2.6 5.2 5.2 5.3 5.2 4.6 4.6 5.1 5.1 5.9 5.8 3.4 3.4 4.4 4.3 15 8.3 5.1 1.9 -2.5 7.9 9.2 21.1 4.1 16 6.2 2.8 .5 6.4 8.2 21.7 1.7 17 18 6.2 6.0 2.7 2.7 .4 .3 -4.0 -4.6 -4.5 5.9 6.1 7.4 7.4 21.6 21.4 1.7 1.4 19 20 21 2.0 2.0 1.8 2.4 2.3 2.2 1.7 1.5 1.4 2.6 2.3 2.3 2.3 1.9 2.0 2.1 1.7 1.7 -.4 -.5 -.7 2.4 2.4 2.1 3.4 3.3 3.1 3.4 3.3 3.2 2.0 2.0 2.0 2.3 3.0 3.4 4.8 8.1 9.3 7.6 1.0 2.0 3.6 3.0 3.3 2.9 .9 .9 1.8 1.8 3.5 3.4 3.0 2.9 3.1 3.1 1.3 1.3 1.3 5.0 5.0 5.0 .4 19.1 -1.8 6.2 15.3 15.3 15.3 -3.6 -3.8 -3.6 4.7 9.8 4.6 4.4 9.8 9.9 1.6 1.5 1.3 2.3 2.2 2.1 5.7 9.4 3.7 5.8 .5 -.4 2.2 2.4 2.9 2.9 .4 .6 -.5 -.5 2.2 2.1 2.4 2.4 6.0 5.9 5.9 4.5 4.5 4.5 5.3 5.2 5.2 9.9 1.6 1.5 1.5 3.3 3.3 3.2 -2.9 -2.9 -3.0 12.0 -10.2 -11.7 -11.8 -11.9 1.7 1.6 1.4 22 6.2 7.0 6.9 23 2.4 1.6 .9 24 25 2.4 2.3 1.6 1.6 -.8 .8 26 27 28 3.8 3.8 3.8 5.5 5.4 5.4 6.2 6.1 6.1 3.7 3.7 3.6 2.1 2.1 2.1 1.6 1.5 1.5 29 9.0 7.2 7.8 6.0 7.3 6.5 8.7 9.8 7.3 6.5 5.7 6.6 9.0 30 31 32 3.7 3.7 3.7 1.9 1.9 1.8 2.2 2.2 2.2 1.0 .9 .9 3.0 2.8 2.9 2.8 2.6 2.6 6.0 5.9 5.8 2.5 2.5 2.5 4.2 4.2 4.1 2.2 2.3 2.2 .8 .6 .6 1.1 1.1 1.1 1.7 1.6 1.6 3.3 3.2 3.2 33 34 35 5.1 5.1 5.1 5.3 5.3 5.2 5.6 5.5 5.5 5.2 5.1 5.2 4.7 4.6 4.6 3.7 3.7 3.7 4.3 4.3 4.2 6.1 6.1 6.0 5.4 5.4 5.4 5.0 5.0 5.0 5.9 5.8 5.8 4.5 4.5 4.5 5.0 4.9 4.9 5.7 5.8 5.7 36 5.9 4.9 -2.8 -7.9 5.8 11.9 -14.0 9.6 6.4 7.2 37 38 39 3.2 3.0 3.1 1.4 1.7 1.3 -4.7 -8.4 -4.4 -9.3 -9.1 6.1 5.2 5.6 13.0 10.4 10.4 -17.3 -17.2 -17.9 6.8 7.4 6.8 6.8 5.6 6.3 1.4 2.3 2.0 -6.9 5.2 10.4 7.1 4.7 7.3 -7.6 -8.1 -8.0 5.5 11.3 2.1 8.7 2.8 2.9 -41 -1.2 -1.3 -1.3 10.4 15.1 9.4 10.9 8.7 10.1 10.0 -1.7 -9.5 2.8 -4.1 -4.2 -4.1 -12.2 .3 1.5 .6 0 -12.3 40 41 42 A 43 7.5 2.8 44 4.2 .1 45 46 4.2 4.1 -.1 -.2 47 3.3 3.0 2.6 48 49 3.2 2.9 2.9 2.6 2.4 2.2 50 9.6 4.2 3.3 51 52 53 6.6 6.6 6.5 1.7 1.5 1.4 1.2 1.0 1.0 54 55 56 2.8 2.8 2.4 2.7 2.6 2.3 2.6 2.3 2.0 -1.7 -2.0 -1.9 11.5 1.4 -1.3 -1.6 -1.7 .2 -2.2 -2.6 -2.7 -.2 -2.3 -2.5 -2.6 -2.5 -4.4 -4.5 -4.6 4.5 5.0 8.8 8.8 1.8 1.6 8.7 8.3 2.8 2.6 3.1 2.9 1.5 1.1 2.1 5.2 2.7 2.0 4.1 3.2 3.0 2.2 2.3 1.3 1.3 .7 .9 1.4 1.4 5.1 4.8 2.6 2.2 1.8 1.5 4.0 3.8 3.1 2.9 2.9 2.7 2.2 2.0 2.1 1.9 -5.1 .8 9.7 13.8 4.6 7.4 2.3 3.6 2.2 -1.9 -5.7 -6.4 2.0 .5 1.2 11.0 10.9 10.4 2.9 2.8 2.6 2.7 3.0 2.8 .5 0 -.1 -.3 -.4 -.6 -3.7 1.8 1.7 1.3 4.3 4.2 3.9 2.6 2.4 2.2 2.0 1.5 1.4 ,-• 2.3 2.2 1.9 -6.2 1.7 1.4 1.4 .9 .3 .6 10.1 9.0 9.0 5.7 5.4 5.1 1.6 .6 .6 4.3 4.3 3.9 12.5 2.7 2.6 2.0 2.6 2.5 2.3 -3.9 -4.0 2.4 2.0 1.8 SURVEY OF CURRENT BUSINESS 43 August 1994 Table 8.1.—Percent Change From Preceding Period in Selected Series—Continued [Percent] Seasonally adjusted at annual rates Line I Gross domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Personal consumption expenditures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Durable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Nonresidential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-vears weiants 9.1 5.9 3.1 3.5 3.5 3.5 1.5 1.5 1.6 -.9 -.8 -.9 5 6 7 5.8 5.6 5.5 4.4 4.4 4.5 4.7 4.4 4.6 8 9.2 5.3 8.3 9 10 11 2.8 2.7 2.7 .9 1.0 .9 2.1 2.0 2.0 12 13 14 6.6 6.3 6.4 4.2 4.2 4.2 6.3 6.1 6.2 1.0 -3.2 -3.0 -3.1 3.8 3.7 3.7 3.7 -2.7 -2.7 -2.7 7.0 6.7 6.8 1 II 4.9 8.6 4.4 4.2 3.8 7.7 6.1 6.9 2.4 2.2 2.2 3.5 3.1 3.3 5.7 5.2 5.1 1.2 .5 .5 2.4 1.8 1.8 2.7 1.8 1.8 6.3 5.1 5.1 3.3 3.2 3.2 3.8 3.9 3.9 5.1 5.2 5.1 3.1 3.2 3.2 3.3 3.1 3.1 2.7 2.5 2.6 3.9 3.8 3.9 3.3 3.1 3.2 2.7 2.3 2.4 2.8 2.5 2.5 4.2 4.0 4.0 2.4 2.3 2.3 2.0 1.9 1.9 2.4 2.5 2.4 3.1 3.2 3.2 2.9 2.7 2.7 .5 4.7 4.3 3.0 9.3 5.4 5.6 9.7 4.1 5.0 5.1 6.4 6.0 4.7 29 2.1 1.8 1.9 1.3 1.0 1.1 -.5 -.5 -.5 5.8 5.4 5.6 1.7 1.7 1.7 3.9 3.6 3.8 5.6 5.0 5.0 1.6 1.3 1.3 2.6 2.3 2.3 3.9 3.5 3.5 4.0 3.4 3.4 4.7 4.3 4.3 1.4 1.4 1.5 3.6 3.5 3.5 2.8 2.8 2.8 3.3 3.3 3.3 3.6 3.5 3.6 3.7 3.6 3.7 3.8 3.7 3.7 3.5 3.3 3.4 3.0 2.9 2.9 2.9 2.9 2.9 2.6 2.5 2.5 1.4 1.5 1.5 2.8 2.8 2.8 1.9 2.0 2.0 2.8 2.9 2.8 -2.8 -2.9 -8.6 2.4 -11.1 -12.0 -11.9 1.2 .5 .7 9.2 8.0 8.6 .4 .3 .2 .8 .7 .7 4.5 4.0 4.0 2.4 2.1 2.1 3.2 2.5 2.8 4.0 9.3 .3 .4 .4 1.7 1.7 1.7 -2.8 -2.9 -2.8 3.0 3.3 3.3 7.7 7.5 7.6 10.1 13.5 3.6 8.3 16.3 9.9 3.9 10.0 13.2 12.3 12.2 3.2 2.4 2.3 9.8 9.3 9.2 7.7 6.3 6.3 15.5 13.9 13.9 8.8 8.2 8.1 1.2 .4 .6 1.7 1.2 1.1. 3.3 2.7 2.7 2.2 1.9 1.9 2.5 2.3 2.2 1.9 1.5 1.5 4.1 3.7 3.7 .8 2.2 1.8 4.6 4.1 3.6 1.6 1.4 1.4 2.8 2.6 2.6 2.4 2.2 2.2 3.8 3.8 3.8 2.1 2.0 2.0 -.8 -.9 2.2 2.3 2.2 .2 .3 .3 1.5 1.5 1.5 1.5 1.2 1.4 2.5 2.1 2.4 3.1 2.5 2.8 9.5 9.7 1.5 1.0 1.1 1.2 1.0 1.0 -2.4 2.1 .5 -1.3 6.3 1.6 5.7 7.8 -3.0 -3.2 -3.1 .8 .7 .7 -.9 -.9 -.9 -3.3 -3.3 -3.3 4.2 4.2 4.2 -.7 -.7 -.7 2.7 2.7 2.7 6.9 6.6 6.6 .5 .7 .5 1.5 1.5 1.4 1.3 1.4 1.4 2.2 2.1 2.2 1.9 2.0 2.0 2.5 2.4 2.4 3.1 2.9 3.0 1.4 1.2 1.2 -1.6 -1.6 -1.6 12.2 2.5 2.5 2.5 .9 .8 .7 -1.1 6.6 9.3 8.1 4.5 6.1 5.1 6.1 5.3 6.1 5.5 .7 .7 .7 1.8 1.8 1.8 4.5 4.1 4.3 3.4 3.4 3.4 3.2 2.9 3.0 3.0 2.7 2.7 3.1 2.8 2.7 1.4 1.3 1.3 3.6 3.4 3.4 2.0 1.9 1.9 4.0 3.8 3.8 1.0 1.4 1.3 6.0 5.8 5.9 5.4 5.1 5.2 3.7 3.8 3.8 4.6 4.5 4.6 4.9 4.9 4.9 5.0 4.8 4.9 4.7 4.6 4.7 4.2 4.1 4.1 4.4 4.3 4.3 3.5 3.5 3.5 3.4 3.5 3.5 2.6 2.7 2.7 3.2 3.2 3.2 2.9 2.9 2.9 3.3 3.4 3.4 -11.5 -24.9 -11.9 .2 13.4 .2 -4.7 23.3 3.9 14.0 16.4 7.7 5.9 19.6 20.5 29.8 -11.3 -.8 -11.7 -26.4 -26.9 -14.0 -52.2 -15.3 .9 0 .4 15.4 13.8 14.6 1.1 1.0 .9 -6.0 -7.1 -6.4 24.2 24.0 24.0 4.4 2.4 3.5 12.5 12.0 11.8 19.3 15.1 14.9 8.9 5.8 5.6 8.0 4.3 4.2 21.3 18.0 17.9 18.0 17.3 17.4 23.8 26.3 26.1 6.4 16.9 3.2 11.9 10.7 8.6 8.3 22.5 13.3 11.0 5.4 5.1 5.5 17.0 16.2 16.6 3.8 1.8 2.4 11.7 10.7 10.6 12.3 8.9 8.8 8.9 6.4 6.3 23.0 21.2 20.9 10.6 10.2 10.3 2.1 1.6 1.5 2.9 2.3 2.1 33 34 35 5.2 5.1 5.1 5.7 5.7 5.7 6.7 6.5 6.6 1.8 4.4 3.9 1.5 4.4 3.5 10.7 .4 .2 .3 5.2 2.7 2.6 2.6 -1.5 2.7 15.5 15.1 15.3 3.0 2.8 2.9 4.5 4.4 4.4 -1.6 17.4 -3.3 -3.3 -3.3 6.7 .8 1.0 1.0 37 38 39 -2.2 4.3 6.3 30 31 32 36 10.9 -5 -.7 -.6 29 10.3 II 5.2 -6.5 9.8 I 7.1 -8.1 -8.5 -8.5 10.3 IV 3.1 3.0 3.1 .5 .4 .4 10.4 10.0 10.1 III .1 .2 .1 1.1 26 27 28 II 2.6 -11.0 -11.2 -11.3 6.5 I 1.0 .8 .9 -11.0 .3 .1 .3 IV 3.8 17.5 17.3 17.4 10.0 1994 1993 III 2.2 1.7 2.0 20.1 2.4 2.1 2.1 II 5.0 2.8 -2.1 -2.3 -2.3 16 17 18 2.8 2.4 2.3 I IV III 15 23 24 25 Gross private domestic investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Fixed investment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts 1 22 Services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights IV III 2 3 4 19 20 21 Nondurable goods: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts II 1992 1991 1990 9,3 4.5 -1.3 -1.3 -1.4 -3.0 10.0 40 41 42 43 ... . 12.8 44 45 46 9.6 9.2 9.3 47 48 49 3.7 3.3 3.1 2 -7.0 -8.1 -8.4 -8.4 1.7 1.5 1.3 -3.0 -2.7 -2.7 2.9 2.7 2.7 -11.3 -14.3 -2.5 .6 -12.1 -13.0 -12.8 -15.8 -16.0 -16.1 -1.7 -2.4 -2.2 1.3 0 .6 1.8 1.8 1.7 2.0 1.9 1.8 .3 .1 0 1.4 .5 .9 -2.5 -.7 -2.2 -1.4 —3 -!3 -.3 1.4 1.4 1.5 1.2 .7 .9 2.1 1.1 1.4 1.7 1.0 .9 50 12.8 -2.8 8.5 -6.4 -10.7 -4.5 -5.0 -7.6 .4 13.7 2.7 5.6 11.8 13.9 51 52 53 10.4 10.0 10.1 -4.1 -4.2 -4.2 5.0 5.6 5.5 -7.7 -8.8 -8.5 -12.7 -12.8 -13.0 -3.0 -3.9 -3.6 -3.0 -4.8 -3.9 -5.7 -7.9 -6.8 -.1 -.8 -.1 15.0 13.8 14.3 5.0 2.1 2.9 7.5 5.7 5.6 15.1 10.4 10.2 15.6 12.7 12.4 1.5 .1 .6 .7 -.2 -.3 54 55 56 3.0 2.6 2.1 1.8 1.6 1.3 3.1 2.9 2.9 2.8 2.5 2.4 2.6 2.3 2.2 -.3 -.4 -.6 .6 -.4 0 .5 .3 .5 1.5 1.3 1.6 .8 .1 .4 2.0 1.2 1.1 11.4 7.0 7.0 2.2 1.3 1.3 6.5 12.2 6.1 6.2 2.3 1.5 1.3 .4 1.2 . .4 2.0 1.2 1.2 3.1 2.9 2.9 18.8 12.4 21.1 18.4 18.0 10.9 10.2 10.4 1.6 .6 .6 2.5 2.1 2.2 8.7 8.3 8.3 2.7 2.6 2.6 11.3 9.2 8.8 8.8 2.6 2.3 2.4 SURVEY OF CURRENT BUSINESS 44 * August 1994 Table 8.1.—Percent Change From Preceding Period in Selected Series—Continued [Percent] Seasonally adjusted at annual rates Line 1989 1988 1990 1992 1991 1993 1988 I Structures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Producers' durable equipment: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights ... Benchmark-years weights .... Price indexes: Fixed 1987 weights Chain-type annual weights ... Benchmark-years weights .... Residential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights -6.5 -6.7 -6.7 -6.7 1.3 1.3 1.3 11.3 9.3 9.3 9.2 70 3.0 4.3 4.2 4.2 1.3 -1.4 -1.4 -1.4 .3 .3 .3 -.5 -3.8 -3.8 -3.8 3.4 3.5 3.5 2.8 2.8 2.8 -7.3 -13.4 -13.5 -13.7 7.0 7.0 7.0 11.3 3.8 7.5 -1.3 13.0 6.7 6.6 6.4 -.7 -.6 -.8 3.0 2.4 3.2 -5.1 -5.2 -5.2 10.0 4.3 4.3 4.4 4.4 4.3 4.5 5.3 5.2 5.2 13.4 20.4 14.9 -3.3 -4.2 -4.0 18.0 13.7 13.7 17.1 16.8 16.5 13.1 13.1 12.4 -.2 -.2 -6.8 -11.9 18.0 -9.2 -9.2 -9.2 -12.9 -12.9 -12.9 16.2 16.2 16.2 2.7 2.7 2.7 1.5 1.6 1.5 3.0 2.9 2.5 IV III -2.9 2.0 1.4 1.4 1.9 1.9 1.4 -1.1 -1.2 -1.1 Exports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weiahts Benchmark-years weights . Price indexes: Fixed 1987 weights Chain-type annual weiahts Benchmark-years weights , Imports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts -9.3 -10.5 -10.5 -10.5 II 4.1 4.2 4.1 3.3 3.4 3.4 2.7 2.7 2.7 -2.8 -.8 -4.8 -5.4 -5.4 -1.2 -1.7 1.8 1.8 .9 1.1 1.0 2.5 2.4 2.1 -6.1 12.0 8.2 8.3 8.3 9.7 9.9 -5.4 -5.3 -5.3 -5.8 -5.8 -5.7 4.5 4.6 4.7 7.2 7.1 -11.7 -11.8 -11.8 4.7 4.7 4.7 -7.6 -7.5 -7.4 1.4 1.4 1.4 22.0 14.4 29.4 20.9 13.0 13.5 20.9 17.2 -.4 15.8 15.7 15.5 11.9 11.8 11.8 23.6 23.7 22.7 10.3 10.1 6.8 6.5 6.2 14.0 13.8 13.6 15.7 16.2 16.8 16.3 15.8 15.6 .8 .7 10.1 9.7 9.0 6.0 5.7 5.4 5.7 5.5 5.1 5.2 4.9 4.4 2.4 2.3 2.1 85 6.4 87 3.7 3.4 3.2 8.4 -1.2 -.5 10.7 8.9 8.9 -1.7 -1.4 3.7 -1.2 -1.1 -1.6 2.8 4.9 17.1 -4.0 -4.4 -4.7 8.7 8.7 8.3 11.7 11.4 11.4 8.1 8.0 6.8 -3.9 -4.0 -4.4 -.2 -.7 -.7 4.8 4.6 4.3 2.5 2.1 1.5 1.2 1.1 1.1 -.8 -.7 -.7 -.8 -4.1 -4.4 -4.1 -.4 -.7 4.1 4.0 4.0 3.7 3.6 3.7 3.5 3.3 3.4 3.1 2.9 2.9 6.0 5.9 5.7 3.0 2.9 3.3 99 3.8 4.5 100 101 102 -.3 -.1 .7 .4 .4 103 104 105 4.1 3.9 4.0 3.0 3.0 2.5 1.3 .5 .6 6.1 4.8 93 94 95 2.0 2.1 1.9 96 97 90 91 -.4 0 -.2 5.8 5.2 4.9 4.2 3.9 3.9 1.3 -4.8 -5.2 -5.5 6.9 7.0 6.6 1.3 1.3 1.1 10.6 5.8 5.5 5.5 4.2 4.8 4.1 6.5 5.5 5.6 -5.6 -5.8 -5.8 Government purchases: Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Federal: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts National defense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights 106 107 108 109 110 111 112 1.2 -1.7 -1.8 -1.9 3.1 3.0 2.9 1.5 -2.0 -2.2 -2.2 3.9 3.8 3.8 4.2 4.1 4.1 -1.2 -3.4 -3.2 -3.3 4.3 4.0 4.2 -4.5 -4.6 -4.6 3.7 3.5 3.5 4.7 2.8 -2.7 -3.7 .8 .4 .5 -.8 -7.1 -6.9 -7.0 -6.8 -6.9 -6.9 4.7 4.3 4.4 -1.1 -1.0 3.9 3.9 3.9 4.7 4.6 4.7 3.7 3.4 3.4 5.6 -2.6 -2.9 -2.9 7.0 6.8 6.4 2.8 2.7 2.7 1.2 -2.5 -5.6 -5.7 -5.8 7.4 7.1 6.5 7.2 7.2 7.2 6.5 4.5 4.1 4.3 2.4 2.4 2.4 -2.6 -5.9 -11.6 -12.3 -11.6 -1.6 -1.7 -1.6 -5.0 -5.3 -5.4 3.2 3.1 2.8 -3.7 -2.7 -3.4 1.3 .9 1.8 -8.5 -8.7 -8.3 9.5 9.5 9.5 9.9 -3.4 -3.0 -3.7 2.1 2.0 2.2 -12.0 -12.4 -11.6 9.5 9.4 9.6 SURVEY OF CURRENT BUSINESS August 1994 • 45 Table 8.1.—Percent Change From Preceding Period in Selected Series—Continued [Percent] Seasonally adjusted at annual rates Line 1990 i Structures: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights 57 Producers' durable equipmentCurrent dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights . Chain-type annual weights Benchmark-years weights Government purchases: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights . Benchmark-years weignts Federal: Current dollars Quantity indexes: Fixed 1987 weights . . . Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts National defense: Current dollars Quantity indexes: Fixea 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights .. Benchmark-vears weiahts 61 62 63 4.3 4.3 4.2 -.8 -2.8 -2.9 -3.0 2.2 2.2 2.2 13.2 -3.7 65 66 67 12.2 11.4 11.7 -4.6 -4.8 -4.9 2.3 1.7 1.2 1.6 1.2 .9 1.2 -1.5 -1.6 -1.5 2.7 2.7 2.7 12.6 8.3 9.6 9.3 3.4 3.0 3.0 IV I -15.0 -16.7 -16.5 -16.6 1.8 1.8 1.8 -13.0 3.1 -.9 -7.4 -2.3 4.8 4.0 3.8 6.6 -8.8 21.7 -10.8 -10.9 -10.9 2.9 2.8 3.0 1.6 -8.9 -9.0 -9.0 -5.5 -5.3 -5.3 2.5 2.4 2.4 .3 .2 .2 .5 .6 .6 3.3 3.2 3.2 -11.8 -11.6 -11,7 19.6 19.4 19.4 1.2 1.3 1.3 -2.6 -2.4 -2.4 .2 .3 .3 2.4 2.5 2.5 3.8 3.8 3.8 3.3 3.2 3.2 3.3 3.3 3.3 3.2 3.2 3.2 3.5 -4.9 -.9 6.5 4.3 5.3 -3.4 -6.4 -5.0 IV -5.2 -9.4 -20.1 -6.8 -6.6 -6.8 -10.2 -10.0 -10.1 -21.1 -21.0 -21.0 .7 .7 .7 1.5 1.5 1.5 -13.5 -3.1 -4.6 -4.2 -15.3 -15.8 -15.9 3.2 2.8 2.5 -1.8 .6 -.6 -.3 -.8 -1.0 -1.2 .3 -1.2 -.6 2.2 1.6 1.9 -1.3 -2.4 -1.5 2.2 1.8 2.2 -1.5 -1.5 .4 .5 .5 21.2 22.7 21.5 22.1 1.1 0 .4 I IV III 1.8 1.7 1.7 3.2 3.1 3.1 7.4 9.3 11.0 18.1 20.0 13.8 13.6 21.6 18.1 17.7 12.9 10.8 10.7 1.4 -.5 0 -1.5 -1.6 1.8 .7 .6 1.4 .3 .1 -17.3 -20.7 -24.3 -24,4 4.0 19.3 13.0 24.3 25.4 4.4 28.9 8.3 -3.4 -18.3 -18.3 -18.3 -22.1 -22.3 -22.3 -24.3 -24.2 -24.2 -24.8 -24.9 -24.9 2.2 2.4 2.4 15.6 15.6 15.6 15.6 15.6 15.6 22.4 22.2 22.3 22.7 22.7 22.7 .8 1.1 1.0 23.8 23.9 23.9 5.3 5.5 5.5 -7.6 -7.6 -7.6 75 76 77 5.2 5.3 5.3 1.3 1.3 1.3 2.3 2.1 2.2 -.1 -.1 -.2 .8 .9 .8 1.5 1.6 1.5 3.2 3.1 3.2 -2.0 -2.0 -2.0 1.3 1.6 1.4 78 14.6 8.8 79 80 81 12.1 12.0 12.0 7.6 7.0 7.6 85 2.5 2.3 2.1 12.7 86 87 88 5.6 5.4 5.2 89 90 91 6.2 6.5 5.7 92 1.5 1.5 1.3 -.7 5.4 6.0 5.7 -5.2 -5.9 -5.7 1.3 -1.9 -2.8 -2.7 4.1 4.2 4.1 13.1 .5 -.1 .1 12.3 12.3 11.5 17.1 9.6 10.2 9.7 .7 -1.1 -2.8 -2.6 5.9 5.8 5.8 2.7 2.5 2.3 9.9 -22.4 -9.1 -10.0 -9.6 -.1 15.3 5.3 .6 3.9 6.7 .6 .2 .4 13.7 13.6 13.7 6.1 4.7 5.5 1.5 -.6 .3 5.3 3.6 3.8 7.2 6.4 6.3 -1.0 -1.1 -1.1 0 -.5 3 2.3 1.5 1.9 .8 .6 .8 2.2 1.5 1.7 .9 .1 .3 .9 .2 .2 6.2 9.6 2.7 14.6 7.9 9.0 5.4 4.8 5.3 6.6 4.0 5.5 13.0 11.5 12.2 8.4 5.4 6.0 6.5 6.3 6.2 2.9 10.4 -9.1 -8.4 -9.0 -8.8 -1.4 -2.3 -2.0 11.2 -9.9 3.8 4.3 7.2 1.2 93 94 95 7.0 6.9 6.9 1.1 .8 1.0 -.6 -.3 -.5 5.8 6.2 5.7 3.0 2.5 2.7 .5 -.5 .1 96 97 98 6.9 6.7 6.7 3.0 3.1 3.0 4.8 4.5 4.6 4.8 4.5 4.6 4.9 4.9 4.9 1.3 1.6 1.5 14.0 99 18.5 .9 100 101 102 10.3 -.7 103 104 105 106 9.8 9.9 8.3 8.0 7.9 13.3 107 108 109 5.5 4.6 5.0 110 111 112 8.9 8.4 8.4 -1.5 -1.1 2.6 2.7 2.4 -.4 -5.2 -4.6 -5.0 5.0 4.3 4.5 13.2 9.3 7.9 8.2 4.1 3.3 3.7 6.8 7.1 6.9 .5 -4.3 18.5 -.4 -8.8 -8.3 -8.5 10.7 12.3 11.0 -1.6 -1.2 2.5 2.6 2.3 5.2 4.4 4.7 14.7 7.5 8.8 7.6 4.7 4.1 4.3 8.6 9.6 -.4 -3.9 -3.4 -3.7 3.1 3.0 3.0 5.6 4.6 5.0 .1 -2.9 -2.3 -2.6 3.2 2.5 2.9 -1.4 -6.0 -4.3 -1.1 -3.4 -1.9 -10.2 -9.5 -8.1 -8.8 1.1 1.9 1.5 -9.1 -9.8 3.4 3.1 3.2 5.6 4.3 4.9 -6.1 -6.8 -11.1 9.3 7.7 8.3 -4.8 -7.6 -6.1 -12.2 -10.6 -11.4 -18.0 -15.8 -16.8 4.6 4.8 4.8 .7 1.8 1.3 4.1 4.1 4.1 7.1 5.8 6.4 12.0 4.0 4.0 4.0 18.9 14.4 13.5 13.7 -10.8 3.3 3.4 3.4 20.7 20.4 20.9 -12.2 -14.2 -13.9 24.1 24.6 23.1 2.1 2.1 2.1 -1.0 -1.5 -1,1 6.2 1.5 1.2 1.3 5.0 5.0 5.0 6.4 -1.3 -1.4 -1.4 7.7 8.2 8.0 .8 -7.2 -7.1 -7.1 8.2 8.5 8.5 3.3 3.2 3.2 7.0 5.9 6.2 .8 5.5 2.2 3.4 2.8 3.0 .9 1.2 1.2 3.0 2.7 2.8 1.3 1.1 1.1 -3.0 -2.8 -2.9 3.6 3.7 3.6 -1.2 -1,1 -1.1 2.3 2.6 2.6 1.5 -1.0 -2.0 -2.1 1.4 .5 .4 2.9 11.6 9.7 9.6 -5.8 -6.2 -6.2 -.4 -5.9 -5.5 -5.5 5.7 5.4 5.3 4.2 4.5 4.5 I IV II! 14.7 7.5 8.5 -.7 II 7.1 7.2 7-2 13.0 1994 1993 II III -1.6 3.3 2.9 2.8 1992 I II 72 73 74 82 83 84 . III 64 71 . . . Exports of goods and services: Current dollars Quantity indexes: Fixea 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Imports of goods and services: Current dollars Quantity indexes: Fixed 1987 weights . Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights .. Chain-type annual weights Benchmark-years weignts , 7.1 7.3 7.1 68 69 70 Residential: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights 11.8 58 59 60 II 1991 7.6 16.2 8.4 8.5 .5 -.7 -.7 13.0 9.4 9.2 9.3 3.7 3.5 3.5 II 1.9 2.0 2.0 23.9 21.2 7.8 27.5 24.7 24.2 18.6 19.3 19.4 6.5 5.3 5.4 2.1 1.7 1.8 2.9 2.5 2.5 .7 -.5 -.5 32.0 15.7 28.2 28.4 28.4 10.0 10.2 10.1 2.9 2.8 2.8 4.5 4.8 4.8 10.5 7.3 7.2 7.2 3.1 3.2 3.2 8.5 -6.6 20.7 -3.5 18.3 7.7 7.1 6.9 -3.2 -6.3 -6.3 21.7 20.5 20.3 -3.5 -5.6 -5.5 15.8 15.8 15.8 2.1 1.5 1.4 .4 -.3 —3 .6 .2 .1 3.8 2.6 2.8 2.7 2.3 2.4 16.5 1.4 14.7 5.2 24.0 14.9 12.8 12.6 7.4 4.9 4.8 16.0 14.9 14.5 9.5 8.3 8.3 18.9 17.5 17.5 4.2 3.2 3.1 -2.8 -3.3 -3.3 1.1 -.3 -.2 -2.7 -3.0 -2.9 3.3 2.3 1.5 .9 1.2 .7 .7 1.1 .3 .3 -.1 -.2 -.2 -4.9 -3.4 -3.4 2.4 2.4 2.4 2.1 2.1 2.0 1.6 1.7 1.8 4.3 4.6 4.6 6.5 6.0 6.1 2.3 -1.6 -1.8 -1.7 5.1 4.3 4.3 -1.8 9.0 1.7 -6.8 -1.5 -2.2 -2.6 -1.8 -2.6 -4.8 -4.6 -4.7 8.6 7.3 7.6 1.1 1.9 1.9 -15.4 -14.5 -14.6 -3.6 -4.1 -4.2 -3.0 -4.7 -4.6 -5.0 -4.6 -4.8 -10.3 -8.8 -8.9 -8.8 2.5 1.6 1.9 .7 .1 .1 9.3 9.0 9.0 2.3 2.3 2.3 2.7 2.8 2.8 2.6 2.7 2.5 -2.8 11.6 -3.2 -10.9 -1.6 -8.6 -5.1 -6.0 -5.6 11.5 -3.3 -2.2 -2.2 -20.0 -19.0 190 -2.2 -3.0 -3.1 -9.2 2.8 3.3 3.1 9.8 10.0 2.5 1.8 2.1 .2 -.9 -.9 9.9 9.9 9.8 1.3 1.0 1.0 -11.1 -11.0 3.0 3.2 3.0 1.7 2.2 2.3 .1 -3.6 -3.0 -3.4 2.9 3.4 3.5 -7.0 -7.0 4.8 5.8 5.7 8.3 7.2 7.1 -9.5 -1.4 -16.0 -12.6 -12.6 -6.2 -6.3 -6.2 3.5 4.0 3.9 7.1 5.7 5.6 46 • August 1994 SURVEY OF CURRENT BUSINESS Table 8.1.—Percent Change From Preceding Period in Selected Series—Continued [Percent] Seasonally adjusted at annual rates Line 1988 1989 1991 1990 1992 1989 1993 IV III Nondefense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights State and local: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Addenda: Final sales of domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Gross domestic purchases: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Final sales to domestic purchasers: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Gross national product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Command-basis gross national product: Quantity index, fixed 1987 weights Disposable personal income: Current dollars 1987 dollars 113 -1.6 11.3 -25.3 -7.3 28.0 15.5 20.5 -5.7 2.8 114 115 116 -2.9 -3.2 -2.8 5.1 6.5 5.3 5.9 6.5 6.2 -28.3 -30.4 -27.9 -4.4 -1.6 -2.3 17.2 21.4 17.5 3.1 3.8 2.3 14.0 15.2 14.1 -8.0 -8.0 -7.6 .1 .4 4.6 4.4 4.6 3.8 3.9 3.8 5.8 5.9 6.1 -1.3 -2.5 .5 5.2 4.6 4.8 9.4 9.7 9.2 4.3 4.4 3.6 3.4 3.0 3.1 2.2 2.4 2.1 120 9.4 7.7 7.1 7.8 121 122 123 3.6 3.5 3.6 3.7 3.6 3.6 4.1 4.1 4.2 4.4 4.5 4.4 124 125 126 5.5 5.6 5.6 4.0 4.0 4.0 2.9 2.9 2.8 3.2 3.2 3.1 117 118 119 2.0 1.7 2.6 9.5 10.6 4.5 127 3.4 9.4 7.4 8.1 6.7 5.5 4.3 128 129 130 -.5 -.5 -.5 6.3 6.2 6.0 4.6 4.6 4.4 1.9 1.9 1.9 4.1 4.2 4.0 2.2 2.1 1.9 1.8 1.7 1.8 .7 .8 .7 131 132 133 4.0 4.0 4.0 3.7 3.6 3.4 4.5 4.5 4.5 5.5 5.4 5.5 3.7 3.7 3.6 4.8 4.6 3.7 3.7 3.7 3.7 3.6 3.5 2.3 4.1 6.9 8.6 6.7 5.8 3.7 4.6 -1.3 -1.5 -1.4 2.8 2.7 2.7 3.9 4.0 3.9 1.2 1.3 1.1 1.0 .9 .9 .5 .6 .7 .7 3.8 3.7 3.8 4.1 4.2 4.3 4.1 4.3 4.2 4.6 5.3 5.2 4.7 4.9 4.8 4.4 3.0 3.1 4.4 3.8 3.8 134 6.9 6.4 135 136 137 3.0 2.9 2.9 1.8 1.9 1.8 138 139 140 14.3 3.9 3.9 15.5 4.5 4.4 5.4 17.7 4.6 4.6 10.0 141 5.9 5.2 5.7 7.8 6.6 4.6 6.2 5.4 3.8 142 143 144 1.3 1.3 1.3 2.5 2.2 2.3 3.7 3.0 3.0 4.1 4.0 4.0 2.2 2.2 2.2 -.4 -.6 -.5 1.3 1.2 1.1 2.4 2.2 2.3 -.1 0 -.1 145 146 147 4.7 4.6 4.6 3.2 3.0 3.1 2.8 2.6 2.6 3.7 3.6 3.5 4.4 4.3 4.3 5.2 5.2 5.2 5.0 4.9 4.9 3.1 3.0 3.0 3.9 3.8 3.8 148 5.7 6.4 7.5 6.3 4.0 5.4 149 150 151 1.3 1.3 1.3 3.0 2.9 2.7 2.4 2.3 2.3 1.7 1.7 1.7 .1 .1 .3 1.8 1.8 1.8 152 153 154 4.6 4.4 4.4 3.7 3.5 3.4 5.4 5.4 5.5 4.8 4.6 4.6 3.8 3.7 3.7 3.7 3.5 3.5 3.1 -2.6 4.0 .7 7.5 2.9 155 156 157 4.0 3.9 3.9 2.2 3.3 2.9 8.1 5.4 4.0 3.3 7.9 2.5 3.4 August 1994 « SURVEY OF CURRENT BUSINESS 47 Table 8.1.—Percent Change From Preceding Period in SeSected Series—Continued [Percent] Seasonally adjusted at annual rates Line I Nondefense: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts State and local: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights 113 35.0 114 115 116 24.8 26.5 25.4 117 118 119 120 . . . . Addenda: Final sales of domestic product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Final sales to domestic purchasers: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts Command-basis gross national product: Quantity index, fixed 1987 weights Disposable personal income: Current dollars 1987 dollars :.. . 11.1 2.2 IV III .4 10.8 -.8 5.3 6.4 5.6 2.8 3.1 2.7 4.2 3.9 4.1 2.3 1.2 2.3 5.9 7.6 9.9 -1.2 -1.2 -1.2 .4 -1.4 4.8 4.9 4.8 2.3 2.4 2.4 2.7 2.8 2.7 4.6 4.5 4.4 124 125 126 5.9 5.9 5.9 3.4 3.4 3.3 4.6 4.7 4.6 5.3 5.2 5.2 4.1 5.0 3.4 128 129 130 5.2 5.0 5.1 -.4 -.5 -.4 .5 .6 .6 -.6 -.6 -.7 131 132 133 5.9 5.5 5.6 4.4 4.5 4.4 4.7 4.5 4.6 3.9 3.6 3.8 134 8.9 4.9 4.4 135 136 137 2.9 2.9 2.9 1.4 1.4 1.4 -.6 -.6 -.6 138 139 140 4.5 6.0 5.9 4.2 3.5 3.6 4.8 5.2 5.4 141 Gross national product: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weignts 6.2 6.7 6.5 II 121 122 123 127 Gross domestic purchases: Current dollars Quantity indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights Price indexes: Fixed 1987 weights Chain-type annual weights Benchmark-years weights 1991 1990 10.8 3.1 6.3 142 143 144 4.6 4.4 4.5 .5 -.5 -.5 .8 .9 .8 145 146 147 6.2 5.9 6.0 3.6 3.6 3.5 5.5 5.3 5.4 148 9.0 5.8 149 150 151 3.4 3.3 3.4 1.4 1.3 1.4 152 153 154 5.8 5.5 5.5 4.4 4.4 4.5 155 3.0 2.2 156 157 10.6 11.8 5.2 4.9 .5 3.0 -1.0 -1.0 -1.0 4.7 4.4 4.6 -1.9 5.3 -.7 .5 -5.1 -5.0 -5.1 5.2 5.6 5.6 2.8 -2.6 -2.6 -2.7 5.8 5.6 5.6 2.2 -2.1 -1.8 -2.0 3.8 3.6 3.7 -3.4 6.1 -.5 I! III IV I 22.4 12.6 -3.8 14.8 21.8 10.5 -5.2 -4.9 -5.2 15.8 15.0 15.4 14.8 13.5 13.7 9.4 8.5 7.6 III .6 -4.2 -1.1 -2.6 I IV 3.0 14.1 2.2 1.5 2.1 12.0 12.2 12.1 3.5 II III IV I -1.4 12.6 -7.8 16.3 -5.4 -6.2 -6.6 -6.5 12.0 10.6 10.8 -7.8 -7.9 -7.7 2.9 6.0 5.8 -14.0 -14.0 -14.0 -2.0 9.1 9.8 9.9 12.2 10.4 10.5 1.0 .7 .8 .7 .6 .8 6.1 7.3 6.7 2.2 1.8 2.0 2.4 1.2 1.5 2.4 2.4 2.4 7.2 7.1 7.1 5.7 5.4 5.3 1.1 1.7 1.5 3.0 3.6 3.3 5.9 2.6 3.3 2.5 4.1 6.5 5.2 4.1 1.6 1.5 1.5 .9 .7 .8 2.0 1.8 1.9 3.3 3.0 3.1 .1 0 0 .8 .8 .8 .9 1.0 1.0 4.4 4.0 4.0 3.7 3.5 3.5 2.9 2.7 2.7 3.5 3.5 3.4 1.5 1.5 1.5 2.9 2.9 2.9 1.5 1.4 1.4 3.0 2.9 3.0 4.3 4.3 4.3 3.4 3.3 3.4 1.8 1.7 1.7 3.0 3.1 3.1 2.4 2.5 2.5 1.8 1.7 1.7 1.5 1.4 1.4 2.4 4.6 2.2 2.2 8.6 4.4 4.8 8.3 3.7 4.3 4.1 1.8 1.4 1.6 -.8 -.9 .8 —2 -2 -.2 4.8 4.6 4.7 1.5 1.3 1.4 3.5 3.0 3.2 5.6 5.0 5.0 .2 -.2 .3 2.4 1.9 1.9 3.2 2.1 2.2 5.1 5.2 5.1 3.1 3.2 3.2 3.2 3.1 3.2 2.6 2.5 2.6 3.9 3.8 3.9 3.3 3.1 3.2 2.7 2.3 2.4 2.8 2.5 2.5 4.2 4.0 4.0 2.4 2.3 2.3 0 3.4 4.5 2.0 6.8 6.7 5.4 8.8 4.9 1.6 1.1 1.4 2.1 1.7 1.9 -.8 -.6 -.7 3.2 2.9 3.1 3.7 3.5 3.6 3.9 3.3 3.6 5.7 5.2 5.1 2.7 1.8 1.7 3.6 3.5 3.5 2.1 2.2 2.2 3.0 2.8 2.9 3.0 2.8 2.9 3.6 3.6 3.6 3.4 3.3 3.3 3.2 2.9 3.0 2.5 2.3 2.3 3.3 3.2 3.1 -.4 3.0 2.9 1.2 .8 1.0 .2 0 .1 3.6 3.5 3.5 2.2 2.2 2.2 3.0 2.9 2.9 2.4 3.9 26 1.1 .7 1.0 5.1 5.2 5.0 2.4 -1.1 -1.1 -1.0 -2.4 -2.5 -2.5 -3.4 -3.6 -3.6 -3.7 -3.8 -3.8 -2.4 -2.5 -1.0 4.2 .8 -1.8 -1.6 -1.7 II -4.5 -3.7 -3.7 2.6 2.1 2.2 14.2 13.5 13.2 NOTE.—Except for disposable personal income, the quantity and price indexes in this table are calculated from weighted averages of the detailed output and prices used to prepare each aggregate and component. The fixedweighted measures use as weights the composition of output in 1987. For the alternative indexes, the chain-type 8.9 11.0 II 1994 1993 1992 1 —2 -!4 2.6 -1.4 -1.1 -1.2 5.3 2.9 2.8 2.8 3.9 3.8 3.8 2.6 2.5 2.5 8.0 5.1 4.4 6.4 5.5 5.4 2.2 2.2 2.2 1.4 1.4 1.5 2.0 2.0 1.9 2.5 2.5 2.4 3.2 3.2 3.2 2.9 2.7 2.7 5.0 4.7 7.2 7.0 7.7 3.3 2.5 2.4 4.0 3.0 3.0 5.8 4.7 4.7 5.0 4.7 4.7 4.4 4.2 4.2 2.6 2.5 2.5 1.6 1.6 1.6 2.4 2.4 2.4 2.5 2.5 2.6 3.3 3.1 3.1 8.3 5.9 5.3 8.6 4.1 5.2 5.0 7.5 6.1 5.2 4.9 4.5 4.8 2.8 2.6 2.7 3.8 3.2 3.4 5.6 5.0 5.0 1.7 1.0 1.0 3.3 2.6 2.5 4.5 3.4 3.4 6.0 5.1 5.0 3.9 3.7 3.7 2.0 1.8 1.9 3.0 2.8 2.9 3.6 3.6 3.6 3.4 3.3 3.3 3.2 2.9 3.0 2.5 2.3 2.3 3.3 3.2 3.2 2.6 2.5 2.5 1.6 1.6 1.6 2.4 2.4 2.4 2.5 2.5 2.6 3.2 3.1 3.1 3.6 2.9 6.8 4.9 4.8 8.0 5.1 3.9 4.2 7.0 6.2 6.6 .7 .6 .6 .4 .6 .4 2.9 2.7 2.9 2.2 2.0 2.0 3.4 3.0 3.2 5.2 4.6 4.6 1.8 1.2 1.1 2.1 1.5 1.5 3.0 2.1 2.1 5.6 4.4 4.4 3.4 3.2 3.2 •3.6 3.1 3.2 3.1 3.2 3.0 3.1 2.7 2.5 2.6 3.8 3.8 3.9 3.3 3.1 3.2 2.6 2.2 2.3 2.8 2.5 2.5 4.2 4.0 4.0 2.4 2.3 2.3 2.0 1.9 1.9 2.4 2.5 2.4 3.1 3.2 3.2 2.9 2.7 2.7 2.1 1.1 .1 3.3 1.9 3.3 4.8 2.8 2.0 3.4 5.6 4.0 3.3 4.3 1.6 2.5 -.5 5.4 1.9 9.4 5.9 5.8 2.1 3.3 1.7 7.2 4.7 1.9 .8 6.7 4.3 4.7 3.4 6.1 2.7 1.7 -1.0 -1.0 -1.0 14.9 10.6 -5.1 -7.4 3.5 3.6 indexes with annual weights use weights for the preceding and current years, and the indexes with benchmarkyears weights use weights of 1959,1963,1967,1972,1977,1982,1987,1992, and the most recent year, 48 • August 1994 SURVEY OF CURRENT BUSINESS Reconciliation and Other Special Tables Table 1.—Reconciliation of Changes in BEA-Derived Compensation Per Hour with BLS Average Hourly Earnings [Percent change from preceding period] Seasonally adjusted at annual rates 1991 1992 1993 1993 III BEA-derived compensation per hour of all persons in the nonfarm business sector (less housing) Less* Contribution of supplements to wages and salaries per hour Plus' Contribution of wages and salaries per hour of persons in housing and in nonprofit institutions 1994 r IV \ II* 5.1 5.1 3.4 2.8 2.4 .5 .5 .2 .5 .5 0 0.8 •j .1 -.1 -1 .1 -.3 .1 0 6.1 Less: Contribution of wages and salaries per hour of persons in government enterprises, unpaid family workers and self-employed . .2 0 0 -.1 -.2 .5 0 Equals: BEA-derived wages and salaries per hour of all employees in the private nonfarm sector 4.4 4.7 3.2 2.3 2.1 5.3 1.0 Less1 Contribution of wages and salaries per hour of nonproduction workers in manufacturing -.1 0 0 -.1 -.4 -.5 -.4 1 Less Other differences J 1.6 2.3 .6 .3 -•7 2.8 -.5 Equals: BLS average hourly earnings of production or nonsupervisory workers on private nonfarm payrolls 2.9 2.4 2.5 2.1 3.2 3.1 1.8 Addendum: BLS estimates of comoensation oer hour in the nonfarm business sector2 5.1 5.1 3.4 2.8 2.4 6.1 ,8 r Revised. p Preliminary. 1. Includes BEA use of non-BLS data and differences in detailed weighting. Annual estimates also include differences in BEA and BLS benchmarking procedures; quarterly estimates also inelude differences in seasonal adjustment procedures. 2. These estimates differ from the BEA-derived estimates (first line) because the BLS estimates , include compensation and hours of tenant-occupied housing. BEA estimates for the second quarter of 1994 also include statistical revisions not yet incorporated in the BLS estimates. NOTE.—The table incorporates BLS March 1993 benchmarks and updated seasonal adjustment factors, BLS Bureau of Labor Statistics SURVEY OF CURRENT BUSINESS August 1994 49 Selected Monthly Estimates Table 1.—Personal Income [Billions of dollars; monthly estimates seasonally adjusted at annual rates] 1994 1993 1992 1993 June Personal income Feb. 5,356.1 5,415.4 5,416.3 5,454.4 5,482.8 5,516.7 5,483.9 3 086.9 2,504.7 7760 591 1 703.5 1 025 2 5822 353.9 3,124.7 2,538.8 7809 5944 712.9 1 0449 5859 3119.6 2,531.3 7847 5978 706.3 1 0404 5883 361.4 427.8 3 138.5 3,146.0 2,551.3 2,558.6 7908 7873 598.7 601.2 712.7 711.0 1 051 3 1 0568 5872 5874 366.7 364.0 3 160.8 2,572.1 7949 714.2 1 0630 5886 369.6 3,198.2 2,604.0 7976 605.8 727.4 10790 594.2 371.4 5,576.0 3,206.7 2,610.5 8026 610.6 727.1 1 0808 596.2 373.2 431.0 3 103.2 2,519.2 7786 5926 709.6 1 031 1 5840 356.3 405.5 3.7 401 8 21 1 461.3 473.8 182.1 182,9 6347 9227 446.2 418.7 441.6 Less: Personal contributions for social insurance Jan. Dec. 5,361.1 328.7 Addenda: Total nonfarm income Total farm income * .. .. Nov. Oct. 5,375.1 Proprietors' income with IVA and CCAdj Farm Nonfarm Transfer payments to persons Old-age, survivors, disability, and health insurance benefits Government unemployment insurance benefits Other Sept. 29748 2 407.5 7576 5783 682.3 9676 5673 Other labor income Rental income of persons with CCAdj Personal dividend income Personal interest income Aug. 5,154.3 3 080.8 2 497.0 7738 5884 701.9 1 021 4 '5838 355.3 Wage and salary disbursements Private industries Commodity-producing industries Manufacturing Distributive industries Service idustries Government July 358.8 427.6 44.4 37.3 27.1 3744 4043 241 4039 237 181.3 6379 915.4 444.4 181.2 631 3 914.9 442.5 33.9 4371 36.4 33.9 436.0 438.0 35.0 4414 261.3 261.8 262.9 5,316.6 585 5,312.7 484 5,331.2 -55 161.0 665.2 860.2 414.0 38.9 407.3 248.7 5,089.4 64.9 6333 917.5 445.6 24.9 21.9 21.8 4056 4060 293 284 183.5 6343 924.6 448.6 6051 445.9 466.3 476.5 31.4 4145 48.0 4183 Juner July' 5,655.7 5,663.0 5,692.9 3,263.8 2,659.1 3,267.5 2,664.1 814.2 613.8 745.7 1 1042 603.3 3,284.3 2,679.4 Mar. Apr.' May 5,607.5 5,634.5 3,220.1 2,623.2 805.4 611.9 731.4 1 0863 596.9 3,241.4 2,642.0 809.3 611.9 737.8 1 0949 599.4 376.7 475.0 466.4 375.0 477.9 8107 612.0 743.6 1 1047 6048 378.4 380.1 461.4 8169 614.3 751.8 1 1107 604.9 381.9 462.4 43.1 49.5 48.8 44.9 34.4 28.1 27.6 4227 418.2 4243 4290 430.1 4320 4333 4348 296 301 31 4 -270 34.6 38.4 34.4 336 183.9 6309 927.5 449.8 184.1 184.3 6249 936.8 455.9 184.5 6279 943.2 461.3 185.4 187.1 191.8 195.1 631.1 947.4 463.1 634.4 951.5 466.9 189.9 639.7 955.9 469.5 31 1 193.4 6449 956.9 470.7 6504 959.9 471.6 6554 964.5 473.7 53.9 6273 928.8 450.7 314 34.5 32.8 32.0 33.3 29.1 28.4 26.3 25.3 22.7 22.4 22.2 4449 455.9 276.2 461.1 267.5 452.9 275.7 458.3 265.8 446.1 266.4 447.6 264.5 441.5 264.1 276.9 278.6 463.5 280.2 4659 280.9 468.6 282.2 5,372.1 433 5,373.0 433 5,401.4 530 5,413.1 696 5,441.1 757 5,418.6 652 5,504.3 5,536.4 71 1 5,567.1 673 5,598.7 570 5,612.2 508 5 642.5 504 p Preliminary. r Revised. 1. Equals farm proprietors' income, farm wages, farm other labor income, and agricultural net interest. 71.7 Source: U.S. Department of Commerce, Bureau of Economic Analysis. CCAdj Capital consumption adjustment IVA Inventory valuation adjustment Table 2.—The Disposition of Personal Income [Monthly estimates seasonally adjusted at annual rates] 1994 1993 1992 1993 June Personal income Less: Personal tax and nontax payments Equals'. Disposable personal income Less* Personal outlays Personal consumption expenditures Durable goods Nondurable ooods . . Services Interest paid by persons Personal transfer payments to rest of world Equals: Personal savings Addenda: Disposable personal income: total, billions of 1987 dollars1 Per capita: Current dollars 1987 dollars Population (thousands) Personal consumption expenditures: Total, billions of 1987 dollars Durable goods Nondurable goods Services .. . Implicit price deflator, 1987=100 Personal saving as percentage of disposable personal income2 July Aug. Sept. Nov. Oct. Dec. Jan. Feb. Mar. Apr." May June' July 5,692.9 5,154.3 5,375.1 5,361.1 5,356.1 5,415.4 5,416.3 5,454.4 5,482.8 5,516.7 5,483.9 5,576.0 5,607.5 5,634.5 5,655.7 5,663.0 648.6 686.4 687.9 691.8 696.9 697.5 703.6 706.6 710.8 720.3 722.5 726.3 763.2 737.3 738.7 742.4 4,505.8 4,688.7 4,673.3 4,664.3 4,718.5 4,718.8 4,750.8 4,776.1 4,805.9 4,763.6 4,853.5 4,881.2 4,871.2 4,918.4 4,924.3 4,950.5 4,257.8 4,496.2 4,483.7 4,499.7 4,523.7 4,531.4 4,567.5 4,592.1 4,604.9 4,605.8 4,665.9 4,700.0 4,686.9 4,713.2 4,739.8 4,748.8 4,136.9 497.3 1,300.9 2,341.6 4,378.2 537.9 1,350.0 2,503.9 4,366.8 534.0 1,334.7 2,498.1 4,382.8 538.1 1,336.9 2,507.9 4,406.7 545.1 1,341.4 2,520.2 4,414.0 542.6 1,342.1 2,529.2 4,449.8 556.3 1,352.1 2,541.3 4,473.8 562.9 1,355.7 2,555.2 4,485.2 569.2 1,357.8 2,558.3 4,484.3 564.7 1,346.8 2,572.8 4,544.2 575.8 1,374.0 2,594.4 4,576.5 588.3 1,385.8 2,602.4 4,562.2 581.8 1,373.9 2,606.4 4,587.3 578.2 1,380.4 2,628.7 4,612.5 585.4 1,388.6 2,638.5 4,620.2 579.0 1,392.9 2,648.3 111.4 9.5 108.2 9.9 107.1 9.8 106.9 9.9 107.1 9.9 107.5 9.9 107.9 9.8 108.4 9.8 109.8 9.8 111.0 111.1 113.0 114.2 115.4 116.8 118.1 10.5 10.5 10.5 10.5 10.5 10.5 10.5 247.9 192.6 189.5 164.6 194.8 187.4 183.3 184.0 201.0 157.8 187.5 181.2 184.3 205.2 184.5 201.7 3,648.1 3,704.1 3,695.7 3,684.5 3,722.2 3,718.4 3,730.9 3,745.0 3,767.6 3,741.1 3,793.3 3,803.1 3,787.1 3,815.6 3,811.4 3,817.5 17,636 14,279 255,484 18,153 14,341 258,291 18,104 14,317 258,134 18,052 14,260 258,377 18,244 14,391 258,638 18,227 14,363 258,892 18,334 14,398 259,129 18,415 14,440 259,359 18,514 14,514 259,579 18,337 14,401 259,780 18,669 14,591 259,972 18,761 14,617 260,180 18,706 14,543 260,404 18,871 14,640 260,626 18,878 14,611 260,854 18,960 14,621 261,097 3,349.5 456.6 1,062.9 1,822.3 120.0 3,458.7 490.0 1,088.1 1,875.2 130.0 3,453.3 486.4 1,076.9 1,890.0 126.5 3,462.2 489.7 1,078.4 1,894.1 126.6 3,476.2 495.5 1,082.0 1,898.8 126.8 3,478.2 493.0 1,084.8 1,900.5 126.9 3,494.4 503.8 1,086.6 1,904.0 127.3 3,508.0 510.5 1,087.9 1,909.7 127.5 3,516.2 518.2 1,089.5 1,908.4 127.6 3,521.7 513.0 1,081.2 1,927.5 127.3 3,551.6 521.3 1,102.9 1,927.4 127.9 3,565.7 530.8 1,110.8 1,924.1 128.3 3,546.9 524.9 1,100.4 1,921.6 128.6 3,558.7 519.8 1,104.3 1,934.7 128.9 3,570.1 525.2 1,107.1 1,937.7 129.2 3,562.8 519.2 1,105.1 1,938.6 129.7 5.5 4.1 4.1 3.9 3.9 4.0 3.9 4.0 3.8 3.8 3.6 3.8 3.9 3.9 4.0 Percent change from preceding period Personal income, current dollars 3.0 4.3 Disposable personal income: Current dollars 1987 dollars 6.4 3.1 4.1 1.5 -.3 -.3 Personal consumption expenditures: Current dollars 1987 dollars . 6.0 2.8 5.8 3.3 .4 .4 -0.2 1.1 0 0.7 0J 0.8 -o.a 1.7 0.6 0.5 0.4 0.1 0.5 -.2 -.3 1.2 1.0 -.1 0 .7 .3 .5 .4 .6 .6 -.9 -.7 1.9 1.4 .6 .3 -.2 -.4 1.0 .8 .1 -.1 .5 .2 .4 .3 .5 .4 .2 .1 .8 .5 .5 .4 .3 .2 0 .2 1.3 .8 .7 .4 -.3 -.5 .6 .3 .5 .3 .2 -.2 -0.1 p Preliminary. r Revised. 1. Disposable personal income in 1987 dollars equals the current-dollar figure divided by the implicit price deflator for personal consumption expenditures. 2. Monthly estimates equal the centered 3-month moving average of personal saving as a percentage of the centered 3-month moving average of disposable personal income. Source: U.S. Department of Commerce, Bureau of Economic Analysis, JO • August 1994 SURVEY OF CURRENT BUSINESS Table 3.—U.S. International Transactions in Goods and Services [Millions of dollars; monthly estimates seasonally adjusted] 1992 1994 1993 1993 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Mayr Junep 616924 641677 52,683 52022 52731 53300 55086 54465 56728 53479 52645 58073 56152 56166 58172 Goods Foods feeds and beverages Industrial supplies and materials Capital goods except automotive Automotive vehicles engines and parts Consumer goods (nonfood), except automotive Other goods Adjustments 1 440361 40270 109140 175915 47028 51,425 24385 -7805 456866 40628 111 814 181 696 52404 54,656 23893 -8224 37257 3214 8,844 15279 4254 4,441 1 914 -690 36471 3225 9210 14227 4060 4,523 1 954 -728 37356 3100 8959 15107 4223 4,595 2146 -774 37909 3411 9499 14707 4313 4,677 2003 -700 39361 3458 9881 15471 4536 4,647 2027 -658 39364 3476 9615 15491 4679 4,870 1 953 38530 3346 8974 16022 4417 4,500 1 988 -717 37426 3163 8721 15318 4417 4,468 2020 -680 42Q60 3405 10604 17309 4760 4,882 1 849 719 40953 3665 9630 16894 4529 4,715 2224 -705 748 40378 3087 9625 16747 4721 4,659 2250 -711 40276 3268 9914 16555 4543 4,804 2018 -828 42015 3087 9851 17711 4716 5,115 2319 -784 Services Travel Passenger fares Other transportation < .. . . Royalties and license fees Other private services Transfers under U.S. military agency sales contracts2 U.S. Government miscellaneous services 176 563 54284 16972 22704 19922 50992 10,828 861 184811 57621 16550 23151 20,398 54870 11,413 808 15426 4757 1394 1906 1729 4538 1,006 95 15551 4,868 1 432 1 894 1,724 4586 978 68 15375 4807 1 372 1 871 1,717 4602 945 60 15391 4772 1 361 1 927 1709 4659 906 56 15725 5067 1 440 1 986 1,703 4640 832 56 15100 4595 1 285 1 924 1,698 4740 801 57 15774 5066 1 410 1 996 1697 4762 784 60 14949 4538 1 252 1 915 1,711 4660 802 71 15219 4628 1 294 1 875 1,715 4831 801 75 16012 5074 1 427 2114 1,722 4798 801 76 15774 5020 1 425 2029 1,731 4706 788 73 15890 5026 1 411 2038 1,733 4838 771 74 16157 5233 1476 2059 1,734 4831 752 72 Exports of goods and services . Imports of goods and services 657,308 717,402 60,335 59,475 59550 61,286 63,005 61,997 61,253 61,258 62,254 64,947 64,680 65,683 67,540 Goods Foods feeds and beverages Industrial supplies and materials Capital goods except automotive Automotive vehicles engines and parts Consumer goods (nonfood) except automotive Other goods Adjustmentsl 536 458 27610 138644 134253 91,788 122657 17713 3,795 589441 27867 145,606 152365 102,420 134015 18386 8,783 49716 2334 12768 12923 8585 11 164 1 547 397 48810 2262 12228 12781 8037 11 160 1 526 816 48974 2313 11,827 12547 8,586 11 498 1,411 792 50440 2422 12,158 12902 8,748 11 496 1 500 1,217 51895 2551 12541 13600 8,893 11 673 1590 1,045 50,886 2328 12,276 13308 8,856 11 526 1,686 905 50068 2339 11,495 13888 8,728 11 281 1710 629 50,501 2440 11,653 14121 8,683 11 603 1 598 403 50,967 2364 11,932 14028 8,787 11 502 1,566 789 53510 2543 12,659 14467 9,549 11 335 1,837 1,119 53,715 2492 12,771 14727 9,491 11 845 1,808 581 54,547 2531 13,155 14883 9,481 12136 1,801 559 56,178 2593 14,044 15236 10,129 12142 1,826 208 Services Travel Passenger fares Other transportation Royalties and license fees Other private services Direct defense expenditures2 U.S. Government miscellaneous services 120,850 39,007 10,608 23,460 4,987 26,625 13,862 2,301 127,961 40,564 11,416 24,502 4,840 32,119 12,176 2,344 10,619 3,238 923 2,100 396 2,721 1,047 195 10,665 3,323 950 2,071 402 2,714 992 212 10,577 3,262 947 2,017 409 2,759 970 213 10,846 3,459 1,006 2,040 417 2,761 955 209 11,110 3,563 978 2,140 440 2,848 960 182 11,112 3,566 972 2,091 446 2,905 954 178 11,185 3,690 ,992 2,039 448 2,889 946 181 10,758 3,430 970 1,965 442 2,812 936 203 11,287 3,564 1,022 1,992 707 2,861 931 210 11,437 3,673 1,059 2,172 443 2,949 929 213 10,965 3,499 1,016 2,101 455 2,777 918 197 11,136 3,630 1,057 2,116 461 2,766 908 199 11,361 3,631 1,064 2,187 503 2,879 898 200 -96 097 55,713 -40 384 -132575 56,850 -75 725 -12459 4,807 -7,652 -12339 4,886 -7,453 -11 618 4,799 -6819 -12531 4,545 -7,986 -12533 4,614 -7919 -11 521 3,988 -7533 -9115 4,589 -4,526 -11 971 4,191 -7,780 -13541 3,933 -9608 -1 1 450 -13 337 4,809 4,576 -6,874 -8,528 -14271 4,754 -9,517 -14163 4,795 -9,368 Memoranda: Balance on goods Balance on services Balance on goods and services p Preliminary. Revised. 1. Reflects adjustments necessary to bring the Census Bureau's component data in line with the concepts and r definitions used to prepare BEA's international and national accounts. 2. Contains goods that cannot be separately identified. Source: U.S. Department of Commerce, Bureau of Economic Analysis and Bureau of the Census. July SURVEY OF CURRENT BUSINESS August 1994 Relationship Between Personal Income and Adjusted Gross Income, 1991-92 THIS REPORT UPDATES and extends the reconciliation of two widely used measures of the income of U.S. households, the Bureau of Economic Analysis (BEA) measure of personal income and the Internal Revenue Service (IRS) measure of adjusted gross income (AGI). It presents estimates for 1991-92 by type of income of the reconciliation and of the "AGI gap"; the estimates for 1991 have been revised to reflect the annual revision of the NOTE.—This report was prepared by Thae S. Park. national income and product accounts (NIPA'S) and the revised IRS estimates of the AGI for 1991.1 Tables i and 2 show the reconciliation between personal income and AGI, by type of income, for 1991 and 1992, respectively. i. The reconciliation for total personal income and AGI for 1990-92 was published in NIPA table 8.24 in the July 1994 SURVEY OF CURRENT BUSINESS. The reconciliation by type of income for 1990 was published in the November 1993 SURVEY on page 68 and that for 1988-89 in the May 1992 SURVEY on pages 33-34. The reconciliation for 1947-87 also is available. For order information, write to the Government Division (BE-SJ), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. Table 1.—Reconciliation of Personal Income and Adjusted Gross Income, by Type of income, 1991 [Billions of dollars] Personal Wages and income salaries Line 1 Persondl income 4,860.3 2 Less: Portion of personal income not included in adjusted cross income 1,490.3 3. www 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 I..W..IW Transfer payments except taxable military retirement, taxable government pensions, and taxable social security benefits Other labor income except fees Imputed income in personal income6 Investment income retained by life insurance carriers and private noninsured pension funds7 Investment income received by nonprofit institutions or retained by fiduciaries Differences in accounting treatment between NIPA's and tax regulations, net Other personal income exempt or excluded from adjusted gross income Plus: Portion of adjusted gross income not included in personal income Personal contributions for social insurance Net gain from sale of assets Taxable private pensions9 Small business corporation income Other types of income 23 Equals: BEA-derived adjusted gross income 24 Adjusted gross income of IRS (as reported) 25 Plus: Intercomponent reaiiocation 26 27 28 Estate or trust income Partnership income Other ^allocations 29 Adjusted gross income of IRS (reallocated) 30 Adjusted gross income (AGI) gap 31 32 Percent distribution of AGI gap AGI gap as a percentage of BEA-derived AGI See the footnotes at the end of table 2. 0 0 97.3 12.8 199.8 . . Income Taxable Other not Taxable Taxable Personal Rental in- Personal pensions unem- social dividend come of2 interest ployment curityse- personal included in and 3 income Nonfarm income persons income annuities compenpersonal sation benefits income Farm 36.7 339.5 150.5 -10.5 695.1 -1.3 37.5 65.6 -38.9 0 0 0 0 0 .4 0 0 4.4 0 0 0 52.4 0 0 88.9 0 -1.7 131.7 17.3 .3 32.8 0 0 0 4 0 0 920.5 34.7 0 0 0 0 0 0 625.8 294.4 0 0 0 0 0 27.1 24.6 441.9 0 0 0 0 -49.2 0 0 129.0 0 0 0 0 199.8 0 0 0 12.0 3.7 36.2 0 0 0 18.7 6.6 32.4 0 0 0 35.0 0 44.7 5 688.7 92.6 0 0 0 0 .3 0 0 0 0 8 34.7 530.4 5.2 0 1.1 0 2.2 0 151.7 0 0 236.2 236.2 34.3 13.9 0 0 0 0 5.2 0 0 0 0 0 0 0 0 0 1.1 0 0 0 0 0 0 0 0 0 2.2 0 0 0 0 0 0 0 151.7 0 0 0 0 0 0 0 0 0 0 0 0 236.2 0 0 0 0 0 5.2 0 4.4 37.1 0 -43.4 -5.2 0 0 -4.4 6.3 0 0 0 0 0 0 0 0 0 0 5.2 0 0 0 0 0 0 0 4.7 -.3 0 0 0 0 0 0 0 0 0 0 -43.4 0 0 0 0 0 0 0 0 0 0 0 0 -4.7 -6.3 0 0 0 0 0 0 0 0 0 0 0 6.3 30.5 24.6 0 105.6 32.6 105.6 94.3 Fees in other labor income Fiduciaries' share of partnership income 10 Interest received by nonfarm proprietors Interest distributed by regulated investment companies ... Taxable disability income payments . . . Capital gain dividends . . . . 30.2 625.8 294.4 151.7 Plus: Sntercomponent ^allocation (personal income) 2,816.1 Proprietors' income l 43.4 0 3,900.4 2,796.3 38.0 307.5 121.9 3,464.5 2,674.3 -2.9 141.9 77.3 28.8 0 0 0 .8 0 0 0 0 0 0 0 .8 0 11.2 27.1 5.2 209.4 176.5 23.3 21.4 3.0 0 0 0 0 -32.6 0 3.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -3.7 0 0 0 8.2 209.4 176.5 23.3 21.4 .4 62.7 .1 2 14.4 26.2 77.3 122.0 40.0 136.9 44.6 22.3 28.0 9.2 105.3 31.4 44.5 10.2 36.6 73.1 4.4 5.4 0 0 100.0 34.3 239.2 170.6 435.8 0 209.8 -2.0 2,674.3 28.1 0 94.3 0 0 0 0 0 0 0 0 0 3,464.5 .7 134.0 5.1 -5.2 3.8 .9 14.0 9 .3 0 0 0 0 -28.9 0 3.2 .7 13.1 0 105.6 0 0 SURVEY OF CURRENT BUSINESS 52 • August 1994 In these tables, the reconciliation items that convert personal income to the IRS definition of AGI are shown in three groups. The first group (lines 3-9) consists of the portion of personal income that is not included in AGI; the largest items in this group are transfer payments (line 3) and other labor income except fees (line 4). The second group (lines 11-15) consists of the portion of AGI that is not included in personal income; the largest items in this group are personal contributions for social insurance (line n), net gain from sale of assets (line 12), and taxable private pension payments (line 13). The third group (lines 17-22 and 26-28) consists of "intercomponent reallocations," which are needed to arrive at comparable BEA and IRS estimates of AGI by type of income; the reallocations affecting personal income are shown in lines 17-22, and those affecting the iRS-reported AGI are shown in lines 26-28. The AGI gap for a type of income (line 30) is the difference between the BEA-derived AGI for that type of income (line 23) and the reallocated IRS AGI for that income (line 29). The percent distribution of the AGI gap by type of income is shown in line 31, and the "relative AGI gap" for a type of income, which is the AGI gap for that type of income (line 30) as a percentage of the BEA-derived AGI by that income type (line 23), is shown in line 32. The AGI gap can be considered an indicator of noncompliance with the Federal tax code because the BEA and the IRS measures of AGI are derived from different sources. The BEA measure of Table 2.—Reconciliation of Personal Income and Adjusted Gross Income, by Type of Income, 1992 [Billions of dollars] Personal Wages and income salaries Line 1 Personal income 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Less: Portion of personal income not included in adjusted gross income Transfer payments except taxable military retirement, taxable government pensions, and taxable social security benefits Other labor income except fees Imputed income in personal income6 Investment income retained by life insurance carriers and private noninsured pension funds7 Investment income received by nonprofit institutions or retained by fiduciaries Differences in accounting treatment between NIPA's and tax regulations, net Other personal income exempt or excluded from adjusted gross income Pius: Portion of adjusted gross income not included in personal income Personal contributions for social insurance Net gain from sale of assets Taxable private pensions9 Small business corporation income Other types of income Plus: intercomponent reallocation (personal income) Fees in other labor income . . . Fiduciaries' share of partnership income 10 Interest received by nonfarm proprietors Interest distributed by regulated investment companies .... Taxable disability income payments Capital gain dividends 23 Equals: BEA-derived adjusted gross income 24 Adjusted gross income of IRS (as reported) 25 Plus: Intercomponent reallocation .... 26 27 28 Estate or trust income Partnership income Other reallocations . 29 Adjusted gross income of IRS (reallocated) 30 Adjusted gross income (AGI) gap 31 32 5,154.3 Percent distribution of AGI gap AGI gap as a percentage o? BEA-derived AGI ... 2,974.8 Farm 44.4 374.4 161.0 -5.5 665.2 32.8 73.1 -40.6 1,595.0 27.5 1.0 693.7 323.9 109.8 0 0 13.3 0 0 .4 0 0 4.8 202.5 0 0 0 48.6 0 0 79.5 0 137.0 14.2 0 0 0 5 39.7 27.9 448.5 0 0 0 1,017.9 0 0 -52.2 0 0 143.5 0 0 0 0 0 0 0 0 0 693.7 323.9 0 0 0 0 0 0 0 202.5 0 0 0 4.5 31.8 0 0 0 34.8 0 .3 27.7 19.2 7.1 24.9 0 0 0 0 0 0 42.3 0 45.7 0 0 0 0 .7 0 773.7 98.9 11.7 0 .3 4 0 8 34.8 589.2 6.0 0 1.3 0 2.3 0 160.8 0 0 248.7 170.1 248.7 101.4 160.8 0 0 0 0 0 0 0 0 0 1.3 0 0 0 0 0 0 0 0 0 2.3 0 0 0 0 0 0 0 160.8 0 0 0 0 0 0 0 0 0 0 0 0 248.7 0 0 0 0 0 101.4 0 47.0 31.4 0 0 0 0 6.0 0 4.9 0 4.6 36.1 0 -42.6 -4.9 0 0 -4.5 6.4 0 0 0 0 0 0 0 0 0 0 4.9 0 0 0 0 0 0 0 4.8 -.3 0 0 0 0 0 0 0 0 0 0 -42.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -4.8 -6.4 0 0 0 0 0 0 0 0 0 0 0 6.4 347.4 124.0 37.4 174.1 254,8 39.7 27.9 0 141.8 4,148.6 2,958.3 3,639.5 2,815.0 43.3 42.6 0 -4.9 .3 0 0 0 0 47.0 21,8 1.7 150.8 77.5 9.9 158.5 189,1 31.6 23.6 43.5 141.8 0 0 2.0 38.3 0 3.2 0 0 0 0 -43.5 0 0 0 0 0 0 0 0 2.0 0 0 3.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -3.8 37.7 0 0 0 0 0 0 .3 189.1 77.5 13.1 158.5 189.1 31.6 23.6 158.3 46.5 24.3 15.6 65.7 31.1 45.6 37.5 3,639.5 2,815.0 509.0 143.3 100.0 28.1 12.3 4.8 1. With inventory valuation and capital consumption adjustments. 2. With capital consumption adjustment. 3. Also includes a small amount of taxable railroad retirement benefits. 4. Consists of the taxable portion of government employee pension payments included in personal income— nondisability military retirement pay and the taxable portion of Federal Government and of State and local government employee pension payments. 5. Consists primarily of other labor income, the nontaxable portion of government transfer payments to persons, business transfer payments, less personal contributions for social insurance. 6. Consists of the imputations included in personal income (line 58) except for employer-paid health and life insurance premiums (line 115) in table 8.18 of the July 1994 Survey of Current Business. In this table, these premiums Income not Taxable Taxable Taxable Personal Rental in- Personal pensions unem- social se- Other included personal dividend come of2 interest and an- ployment curity in Nonfarm income persons income nuities compen- benefits3 income personal sation income Proprietors' income1 43.0 8.5 99.3 .6 9.1 4.8 65.0 3.1 9.0 12.9 25.8 8.2 1.6 20.5 -39.7 0 4.3 0 141.8 0 0 .8 15.3 are included in line 4. 7. Equals imputed interest received by persons from life insurance carriers and private noninsured pension plans (line 51) in table 8.17 in the July 1994 Survey. 8. Statutory adjustments. These are adjustments to total income, such as payments to an individual retirement arrangement, which are allowed as deductions in arriving at AGI for income tax purposes. 9. Consists of the taxable portion of private pension benefit payments received by individuals. 10. Consists of partnership income retained by fiduciaries. BEA Bureau of Economic Analysis IRS Internal Revenue Service NIPA's National income and product accounts SURVEY OF CURRENT BUSINESS AGI is derived from estimates of personal income that are largely based on sources other than individual income tax returns; for the estimates that are based on tax returns, BEA accounts for incomes that are misreported by making adjustments primarily using information from audits of taxpayer compliance. In contrast, the IRS measure of AGI is based entirely on unaudited individual income tax return data.2 In addition to indicating noncompliance, the AGI gap includes income earned by low-income individuals who are not required to file income tax returns, the net effect of errors in personal income and in the IRS measure of AGI, and gross errors and omissions in the estimates of the reconciliation items. The largest known omission is an adjustment to the personal income meas2. The noncompliance indicated by the AGI gap is limited to the types of income that are included in personal income, which excludes income such as unreported capital gains and unreported illegal income. Thus, the AGI gap is not a measure of the size of the underground economy. For additional information, see Carol S. Carson, "The Underground Economy: An Introduction," SURVEY 64 (July 1984): 109. For a discussion of the misreporting adjustments that are incorporated in personal income, see Robert P. Parker, "Improved Adjustments for Misreporting of Tax Return Information Used to Estimate the National Income and Product Accounts, 1977," SURVEY 64 (June 1984): 17-25. Table 3.—Revisions to the Reconciliation Estimates for 1991 [Billions of dollars] Previously published Line1 1 Personal income 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Less: Portion of persona! income not included in adjusted gross income Transfer payments except taxable military retirement, taxable government pensions, and taxable social security benefits Other labor income except fees Imputed income in personal income Investment income retained by life insurance carriers and private noninsured pension funds Investment income received by nonprofit institutions or retained by fiduciaries Differences in accounting treatment between NIPA's and tax regulations net Other personal income exempt or excluded from adjusted gross income Plus-, Portion of adjusted gross income not inciuded in personal income Personal contributions for social insurance ... Net gain from sale of assets Taxable private pensions Small business corporation income Other types of income . . Revised 4,860.3 1,458.4 1,490.3 623.6 625.8 2944 2.2 23 952 97.3 2.1 2037 199.8 48.5 52.4 2921 3.9 88.9 131 7 304 -6.8 537,2 530.4 237.8 236.2 88.7 1539 35.9 151 7 94.3 34.3 209 139 3,900.4 29 Adjusted gross income of IRS 3,471.5 3,464.5 30 Adjusted gross income (AGI) gap 458.2 435.8 11.7 11.2 -3.9 939 3,929.7 AGI gap as a percentage of BEA-derived AGI 31.9 101 3 Equals: BiA-deriveci adjusted gross income 32 9.4 4,850.9 23 1. Line numbers in this table correspond to those in table 1. BEA Bureau of Economic Analysis IRS Internal Revenue Service NIPA's National income and product accounts Revision -5.0 -1.6 5.6 -22 -1.6 70 -29.3 -7.0 -22,4 -.5 August 1994 • 53 ure of wages and salaries to account for employee contributions to deferred compensation agreements, such as those allowed under IRS Code section 40i(k). All these contributions are excluded from the IRS measure of AGI; however, since 1985, an unknown amount of these contributions has been included in the personal income and BEA-derived AGI measures of wages and salaries, which resulted in an overestimation of the gap for wages and salaries. According to estimates from Social Security Administration tabulations of contributions to deferred compensation plans reported on Form w-2, these contributions amounted to about $38 billion for 1990. Revisions to the AGI gap for 1991 The AGI gap for 1991 was revised down $22.4 billion (table 3). Revisions to the AGI gap stem from three sources: Revisions to personal income that carry through to the AGI gap, revisions to the IRS measure of AGI that carry through to the AGI gap, and revisions to the reconciliation items that are unrelated to the revisions to personal income and the IRS measure of AGI. Personal income (line i) was revised up $9.4 billion, and the reconciliation items that are offsets to components of personal income (lines 3-6, most of line 9, and line 11) were revised up $31.9 billion. Thus, the revisions to personal income that carried through to the AGI gap reduced the gap $22.5 billion; most of the reduction was accounted for by a downward revision to personal interest income. The IRS measure of AGI (line 29) was revised down $7.0 billion, and the reconciliation items that are offsets to the revision to the IRS measure of AGI (lines 12, 14, and 15) were revised down $3.0 billion. Thus, the revisions to the IRS measure of AGI that carried through to the AGI gap increased the gap $4.0 billion. The reconciliation items that are either unrelated or indirectly related to the revisions to personal income or to the IRS measure of AGI (lines 7-8, part of line 9, and 13) were revised up $3.9 billion. Thus, these revisions, all of which carry through to the AGI gap, reduced the gap $3.9 billion. The $22.4 billion downward revision to the total AGI gap was primarily accounted for by the gap for interest income, which reflected a downward revision to the interest component of personal income. In addition, there were large, but mostly offsetting revisions to the gaps for farm and nonfarm proprietors' income; the gap for farm proprietors' income was revised up $13.6 billion and the gap for nonfarm proprietors' income was revised down $13.9 billion. These revisions primarily reflect a correction to the intercomponent reallocation for fiduciaries' share of partnership income; intercomponent reallocations do not affect the total AGI gap.3 H 3. This correction also affects the gaps for these types of income for 1990: The gap for farm proprietors' income is raised $9.4 billion, to $36.6 billion, and the gap for nonfarm proprietors' income is reduced $9.4 billion, to $122.8 billion. SURVEY OF CURRENT BUSINESS 54 August 1994 Fixed Reproducible Tangible Wealth in the United States: Revised Estimates for 1991-93 and Summary Estimates for 1925-93 TABLES 1-20 present estimates of fixed reproducible tangible wealth in the United States for 1990-93. These estimates, which cover the stock of privately owned and governmentowned durable equipment and structures and of durable goods owned by consumers, incorporate the revised national income and product accounts estimates for 1991-93 that appeared in the July 1994 SURVEY OF CURRENT BUSINESS. Estimates of fixed private capital are shown in tables 1-4; fixed nonresidential private capital, in tables 5-8; residential capital, in tables 9-12; government-owned fixed capital, in tables 13-16; and durable goods owned by consumers, in tables 17-20. Tables 21-24 present summary wealth estimates for 1925-93, the entire period for which these estimates are available. Data availability A complete set of BEA wealth estimates for the years through 1989 is available in Fixed Reproducible Tangible Wealth in the United States, 1925-89 (see page 63 for order information). This publication presents annual estimates of gross and net stocks, depreciation, discards, and average ages of gross and net stocks in historical-cost, constant-cost, and current-cost valuations for the types of wealth shown in tables 1-20 and for private and government capital by type of equipment and structures; it also provides the investment data and service lives used to derive the estimates and a statement of the methodology underlying the estimates. In addition, annual estimates of gross and net stocks, depreciation, and discards in historical-cost, constant-cost, and current-cost valuations for the types of wealth shown in tables 1-20 and for private and government capital by type of equipment and structures, together with the investment data used to derive the estimates, are available on diskettes for the following years: For fixed private capital by industry, 1947-93; for all other estimates, 1925-93. For more information, write to the National Income and Wealth Division (BE-54), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 606-9700. NOTE.—Shelby W. Herman and Michael D. Glenn prepared the wealth estimates. Tables i through 24 follow. SURVEY OF CURRENT BUSINESS August 1994 • 55 Table 1—Current-Cost Gross Stock of Fixed Private Capital, Nonresidential and Residential, by industry, 1990-931 Table 2.—Current-Cost Net Stock of Fixed Private Capital, Nonresidential and Residential, by Industry, 1990-931 [Billions of dollars] [Billions of dollars] 1990 1992 1993 16,871,4 17,437.0 18,136.9 19,089.7 Fixed private capital Nonresidential Agriculture, forestry, and fisheries Farms Agricultural services, forestry, and fisheries Mining Metal mining Coal mining Oil and gas extraction Nonmetallic minerals, except fuels Construction . . . Manufacturing Durable goods Lumber and wood products Furniture and fixtures . . Stone, clay, and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electric equipment . . Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries 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 miscellaneous plastics products Leather and leather products Transportation and public utilities Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation . . Transportation by air Pipelines, except natural gas Transportation services Communications Telephone and telegraph Radio and television Electric, gas, and sanitary services Electric services Gas services Sanitary services Wholesale trade Retail trade Finance, insurance, and real estate Depository institutions Nondepository institutions Security and commodity brokers Insurance carriers Insurance agents, brokers, and service Real estate Holding and other investment offices Services Hotels and other lodging places Personal services Business services Auto repair, services, and parking Miscellaneous repair sen/ices Motion pictures Amusement and recreation services Other services .... Health services Legal services Educational services Other2 Residential Farms Real estate 1991 „...„.... 9,484.8 416.3 3688 9,744.6 10,052.1 10,489.7 415.7 415.9 422.9 3599 361 5 3644 47.5 51.3 56.0 61.4 536.4 41 0 490 418.4 527.2 404 482 409.3 492.0 400 477.2 399 48.0 49.1 374.4 358.0 28.1 29.3 29.6 30.2 113.4 2,114.0 1,137.6 115.0 2,176.5 1,160.8 117.4 2,250.1 1,188.0 120.3 2,347.4 1,234.0 41.5 41.0 41.0 42.3 192 195 200 209 64.5 63.7 63.8 65.2 2064 2070 1261 1978 1682 1200 964 782 2086 211 5 1286 1304 2022 2083 1740 1228 1001 1806 1250 1040 1337 2164 1903 1322 1101 823 862 19.2 19.5 20.1 9765 1 0157 1 0621 2013 14.5 2127 14.7 1923 14.2 906 20.9 1 1133 2250 15.0 522 524 530 542 18.3 18.2 18.4 18.7 145.3 82 1 271.7 128.0 150.7 854 286.3 131.8 155.7 891 304.6 135.5 161.3 940 323.5 139.9 68.4 71.0 74.3 77.7 4.0 2,400.0 4.0 2,442.1 4.0 2,510.9 6160 6134 6196 2495 2463 247.7 4.0 2,599.7 6360 259.4 12.5 12.2 11.9 11.6 106.8 556 104.1 546 1067 41.2 43.8 1104 102.2 549 115.6 100.8 551 119.8 42.6 44.7 43.8 45.6 6086 5267 81 9 1,175.3 9085 208.4 6223 5345 878 12064 9295 213.7 58.4 41 5 44.3 63.3 401.8 604.6 2,046.1 414.7 6358 2,135.6 4148 4391 106.6 129 124.9 5.9 1,353.1 113.7 128 133.2 5.9 1,403.6 6393 5449 944 12520 9582 2238 70.0 434.7 672.7 2,238.0 4666 123.1 131 145.4 6.0 1,456.3 6634 561 1 102.3 1,300.4 9907 233.0 76.6 457.5 7262 2,372.2 4973 134.8 136 158.8 6.2 1,532.9 27.8 27.3 27.6 28.6 852.2 882.0 920.4 966.4 1291 32.1 1307 1317 35.7 1346 224.7 150.9 151 198 413 2391 1297 25.5 5.4 78.5 332 2344 156.5 152 21 6 420 248.3 1357 26.6 5.7 80.4 245.8 164.6 159 233 430 260.3 143.6 28.0 6.1 82.6 7,692,4 8,084.8 1598 1629 1661 72269 75295 7918.8 7,386.6 389 259.4 172.2 170 254 446 274.3 1525 29.1 6.5 86.1 8,599.9 171 4 8,428.5 1. Estimates are as of the end of the year. 2. Consists of social services; museums, botanical, zoological gardens; membership organizations; engineering and management services; and services, not elsewhere classified. 1990 Residential Farms Real estate 1992 1993 10,116.5 10,384.8 10,751.2 11,290.9 Fixed private capital Nonresidential Agriculture, forestry, and fisheries Farms Agricultural services forestry and fisheries Mining Metal mining Coal mining . Oil and gas extraction Nonmetallic minerals, except fuels Construction Manufacturing Durable goods Lumber and wood products Furniture and fixtures Stone, clay and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries 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 miscellaneous plastics products Leather and leather products Transportation and public utilities Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air Pipelines, except natural gas Transportation services Communications Telephone and telegraph Radio and television Electric gas, and sanitary services Electric services Gas services Sanitary services Wholesale trade Retail trade Finance, insurance, and real estate Depository institutions Nondepository institutions Security and commodity brokers Insurance carriers Insurance agents, brokers, and service Real estate . Holding and other investment offices Services Hotels and other lodging places Personal services Business services Auto repair, services and parking Miscellaneous repair services Motion pictures Amusement and recreation services Other services Health services Legal services Educational services . . Other2 . 1991 5,320.7 197.1 169.3 27.8 30.3 33.3 239.1 180 218.8 177 5,769.6 201.4 164.7 368 210.3 175 251 152.9 25.8 24.9 24.6 189.3 181.3 161.8 14.1 14.9 14.7 14.8 61.6 61.1 60.8 61.0 1,184.0 620.6 1,218.5 628.4 1,270.2 651.7 21.3 20.9 20.7 11 1 11 1 11 2 11 6 30.3 95.1 29.6 94.6 29.6 94.8 30.9 95.9 663 112.3 102.1 663 113.0 103.9 658 114.6 106.0 664 117.7 110.8 61.8 63.5 64.5 69.9 570 468 585 488 601 504 635 523 21.6 10.1 10.3 10.6 11.1 538.5 563.4 590.1 1048 1108 1181 82 618.5 125.7 8.0 26.1 26.8 83 25.7 99 82.6 83 25.8 98 85.2 98 99 87.0 89.3 51 3 530 555 1625 67.9 39.8 1753 69.2 41.5 1875 2.0 1,287.7 2840 1.9 1,298.1 2794 1.9 1,326.9 281 4 1.9 1,368.3 2890 1082 1068 1076 1134 498 151.3 65.8 38.3 6.4 6.0 707 43.2 5.6 5.2 44.8 21.9 43.8 21.8 49.9 23.3 46.9 22.3 555 566 604 630 20.5 20.3 20.4 20.4 20.7 20.3 21.2 20.6 332.0 2788 532 671 7 524.5 336.7 2804 344.4 2846 356.6 2926 56.4 59.8 7012 1066 40.7 1094 43.7 1154 48.0 243.3 365.0 1,272.2 265.4 645 8.0 883 2.9 8259 173 493.3 246.4 381.8 1,307.7 276.1 669 7.7 929 2.8 8448 165 504.7 254.4 404.7 1,346.8 288.6 712 7.6 264.1 437.7 1,411.0 303.6 773 7.8 1003 1086 681.9 528.9 537.7 28 8601 163 521.7 64.1 722.7 550.2 120.6 51.9 3.0 8940 167 545.5 71.6 71.3 69.8 69.8 179 184 201 223 1306 889 81 122 -.. 5,549.5 197.1 163.8 247.8 186 1,152.7 614.2 . 5,419.9 196.9 166.6 1339 914 82 133 1390 1467 22.7 23.3 141.3 144.9 958 88 142 238 150.2 79.8 82.4 86.4 156 37 423 158 39 428 162 41 434 998 97 153 248 157.1 913 165 45 448 4,795.8 685 4,727.3 4,964,9 700 4.895.0 5,201.7 714 5.130.3 5,521.3 738 5.447.5 1. Estimates are as of the end of the year. 2. Consists of social services; museums, botanical, zoological gardens; membership organizations; engineering and management services; and services, not elsewhere classified. SURVEY OF CURRENT BUSINESS $6 • August 1994 Table 3.—Constant-Cost Gross Stock of Fixed Private Capital, Nonresidentia! and Residential, by Industry, 1990-93' [Billions of 1987 dollars] 1990 Fixed private capital Nonresidentiai Agriculture, forestry, and fisheries Farms Agricultural services, forestry, and fisheries Mining Metal minina Coal mining Oil and gas extraction Nonmetallic minerals, except fuels Construction Manufacturina Durable goods Lumber and wood products Furniture and fixtures Stone clay and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries 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 miscellaneous plastics products Leather and leather products Transportation and public utilities Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air Pipelines except natural gas Transportation services Communications Telephone and telegraph Radio and television Electric gas and sanitary services Electric services Gas services Sanitary services Wholesale trade Retail trade Finance insurance and real estate Depository institutions Nondepository institutions Security and commodity brokers Insurance carriers Insurance agents brokers and service Real estate Holding and other investment offices Services Hotels and other lodging places Personal services Business services Auto repair services, and parking Miscellaneous repair services Motion pictures Amusement and recreation services Other services Health services Legal services • Educational services Other2 Residential Farms Real estate 1. Estimates are as of the end of the year. 2. Consists of social services; museums, botanical, zoological and management services; and services, not elsewhere classified. 1991 1992 Table 4.—Constant-Cost Net Stock of Fixed Private Capital, Nonresidential and Residential, by Industry, 1990-93' [Billions of 1987 dollars] 15,245.2 15,525.4 15,803.3 16,162.0 8,491.0 369.8 3272 426 448.8 366 437 3436 24.9 8,660.3 363.4 318.0 8,814.4 356.1 307.6 45.4 48.5 433.7 413.7 348 416 35.7 425 3299 25.5 3119 25.4 100.5 1,917.1 1 0300 100.0 1,951.9 1 0397 1803 36.1 17.4 57.0 1786 35.3 17.6 56.4 1769 111.7 179.7 112.2 183.9 111.7 188.1 1520 1063 1569 1071 1608 1073 100.8 1,875.6 1 0167 36.9 172 580 887 906 74.9 17.2 77.5 17.4 8871 1753 12.8 9122 454 161 129.7 450 159 132.0 77.0 79.7 2498 261 4 1130 60.4 1155 62.0 1167 63.7 36 2,141.4 5525 226.0 35 2,155.2 541 0 220.8 35 2,173.4 5340 216.6 11.5 11.0 91.1 10.6 86.8 475 466 95.1 98.1 861 71 5 170 8589 1691 126 458 162 126.0 740 2382 959 485 954 358 39.3 181 8 12.7 357 358 39.7 39.6 5632 4874 758 1 0258 7903 181 9 536 374.2 548.9 1,854.5 3793 967 124 121 3 57 1 2123 269 7770 115.9 5687 487.5 81 2 1 0455 8020 5745 488.4 862 1,0649 811 2 1847 1891 588 387.7 574.4 1,929.8 401 0 645 403.6 599.6 1,994.9 4228 111 0 126 29.6 2031 30.6 32.6 207.8 144.4 214.5 149.7 13.7 20.1 37.8 14.2 21.6 38.0 2277 121.9 2355 126.4 25.5 26.8 5.2 5.5 75.1 76.8 139.7 135 183 37.5 2194 117.6 241 49 728 6,754 2 146.4 66078 1030 125 1337 1476 5.8 1 246.8 270 7986 116.5 6.0 1 267.6 273 821.3 115.1 6,865.1 144.7 6,720.4 1990 1993 6,988.8 142.9 6,846.0 Fixed private capital 9,022.9 Nonresidential 352.0 Agriculture, forestry, and fisheries 299.8 Farms 52.2 Agricultural services, forestry, and fisheries 395.6 Mining 33 8 Metal mining 41 5 Coal mining 295 0 Oil and gas extraction 25.3 Nonmetallic minerals, except fuels 99.8 Construction 1,999.6 Manufacturing 1 061 8 Durable goods 35.5 Lumber and wood products 18.0 Furniture and fixtures 57.1 Stone clay, and glass products 1758 Primary metal industries 111.7 Fabricated metal products 194.0 Industrial machinery and equipment 167 0 Electronic and other electric equipment 1110 Motor vehicles and equipment 94 0 Other transportation equipment 80.1 Instruments and related products 17.7 Miscellaneous manufacturing industries . . . . 937 8 Nondurable goods 188 4 Food and kindred products 12.6 Tobacco manufactures 45 0 Textile mill products 157 Apparel and other textile products 134.5 Paper and allied products 83.2 Printing and publishing 272 1 Chemicals and allied products 1178 Petroleum and coal products 65.1 Rubber and miscellaneous plastics products 3.4 Leather and leather products 2,192.7 Transportation and public utilities 527 9 Transportation 213.3 Railroad transportation .^... 10.1 Local and interurban passenger transit 83 4 Trucking and warehousing 46 0 Water transportation 100.0 Transportation by air 35.9 Pipelines, except natural gas 39.2 Transportation services 580 0 Communications 488.2 Telephone and telegraph 91 8 Radio and television 1,0849 Electric, gas, and sanitary services 821 8 Electric services 192 7 Gas services 70 4 Sanitary services 421.8 Wholesale trade 635.6 Retail trade 2,074.6 Finance, insurance, and real estate 446 5 Depository institutions 121 1 Nondepository institutions 130 Security and commodity brokers 1 62 9 Insurance carriers 6.3 Insurance agents, brokers, and service 1,296.6 Real estate 28 1 Holding and other investment offices 851.1 Services 113.9 Hotels and other lodging places 35.5 Personal services 224.7 Business services 155.1 Auto repair, services, and parking 15.2 Miscellaneous repair services 23.4 Motion pictures 38.6 Amusement and recreation services 244 7 Other services . . 131.2 Health services 27.9 Legal services 5.8 Educational services 79.7 Other2 7,139.1 Residential 141 .2 Farms 6,997.9 Real estate ;; membership organizations; engineering 1991 1992 1993 9,157.6 9,261.5 9,373.8 9,562.6 4,773.2 4,828.9 4,876.9 4,979 5 175.3 172.5 169.0 168.0 150.3 145.6 140.1 1366 25.0 26.9 28.9 314 208.1 197.8 184.5 174.9 16.6 23.1 1559 12.5 54.9 1,025.7 550.5 19.0 10.0 27.4 16.0 15.4 149 221 21 4 21 3 1466 13.0 53.6 1,046.6 552.7 18.5 9.9 26.8 1351 12.7 52.0 1264 12.4 50.7 1,060.5 1,087.0 552.0 564.1 17.9 26.5 18.3 10.0 27.5 801 9.8 833 81 9 807 58.8 58.0 56.5 55.6 102.2 102.9 103.7 106.2 92.2 93.7 94.3 97.3 549 509 556 519 556 524 590 543 42.8 44.5 45.4 46.4 9.0 9.1 9.2 9.4 4753 4939 5229 924 7.4 969 7.3 224 87 5085 101 3 7.0 222 85 6.7 224 83 22.7 89 1056 71.8 45.0 73.6 46.4 73.9 47.4 74.6 49.2 133.2 142.4 151.0 158.2 582 597 598 598 34.0 34.8 35.7 36.3 1.8 1.7 1.7 1.6 1,148.8 1,146.1 1,149.4 1,155.8 255.6 247.3 243.4 241.0 98.2 96.0 94.2 93.4 5.9 5.5 41.1 5.0 4.5 204 195 50.1 17.9 18.3 49.3 17.6 18.3 18.0 36.3 18.4 53.4 17.3 17.7 306.1 256.9 306.6 254.6 308.4 253.9 310.7 253.2 52.1 54.5 57.4 587.1 456.7 592.2 457.1 597.6 455.9 604.1 456.7 93.2 37.3 94.7 40.4 97.7 44.0 99.9 47.5 226.5 230.2 236.4 244.4 331.7 345.4 361.3 384.3 1,152.1 1,179.7 1,198.2 1,232.7 242.6 251.3 260.2 271.4 584 7.6 605 7.4 642 7.3 699 7.4 44.8 492 84.7 91.5 38.0 18.8 52.0 17.4 99.5 108.7 2.8 2.8 2.9 3.2 739.6 750.3 748.4 755.8 16.5 16.0 15.7 16.2 450.1 457.2 465.6 481.7 64.3 16.6 63.5 17.1 61.0 18.5 59.1 20.5 117.8 118.3 121.0 127.3 82.4 84.4 87.1 90.0 7.3 7.4 7.9 8.8 11.3 20.6 12.4 21.0 13.1 21.0 14.1 21.5 129.8 133.0 135.9 140.3 72.3 14.7 74.0 15.2 76.0 15.6 78.4 15.8 3.4 39.4 4,384.4 62.8 4,321.6 3.5 40.3 3.7 40.6 4,432.6 4,496.9 62.1 61.3 4,370.5 4,435.5 3.9 42.1 4,583.2 60.7 4,522.5 1. Estimates are as of the end of the year. 2. Consists of social services; museums, botanical, zoological gardens; membership organizations; engineering and management services; and services, not elsewhere classified. August 1994 • 57 SURVEY OF CURRENT BUSINESS Table 5.—Current-Cost Gross Stock of Fixed Nonresidential Private Capital, by Major Industry Group and Legal Form of Organization, 1990-93 [Billions of dollars] 1990 1991 1992 1993 Equipment and structures Equip- Strucment tures 9,484.8 9,744.6 10,052.1 10,489.7 4,506.1 4,635.5 4,782.6 4,973.6 4,978.7 5,109.1 5,269.5 5,516.1 Equipment Equip- Strucand struc- ment tures tures 368.8 364.4 359.9 361.5 156.6 152.4 146.6 142.9 Nonfarm nonmanufacturing Manufacturing Farms Yearend By legal form of organization By major industry group Total 212.2 212.0 213.3 218.6 Equipment Equip- Strucand struc- ment tures tures 2,114.0 2,176.5 2,250.1 2,347.4 857.2 888.1 928.8 978.7 1,256.9 1,288.3 1,321.3 1,368.7 Corporate Noncorporate Total Nonfinancial Equipment Equip- Strucand struc- ment tures tures Equipment Equip- Strucand struc- ment tures tures Equipment Equip- Strucand struc- ment tures tures 7,001.9 7,203.7 7,442.0 7,780.9 7,189.0 7,393.8 7,638.9 7,976.5 3,092.6 3,194.8 3,314.6 3,462.0 3,909.3 4,009.0 4,127.4 4,318.9 3,7327 3,840.6 3,971.3 4,134.5 3,456.3 3,553.2 3,667.6 3,842.1 6,529.4 6,695.0 6,891.2 7,172.9 3,315.6 3,400.8 3,501.6 3,631.3 3,213.9 3,294.2 3,389.6 3,541.6 Equipment Equip- Strucand struc- ment tures tures 2,295.7 2,350.8 2,413.2 2,513.2 773.4 794.9 811.2 839.1 1,522.3 1,555.8 1,601.9 1,674.0 Table 6.—Current-Cost Net Stock of Fixed Nonresidential Private Capital, by Major Industry Group and Legal Form of Organization, 1990-93 [Billions of dollars] 1990 1991 1992 1993 Equipment Equip- Strucand struc- ment tures tures 5,320.7 5,419.9 5,549.5 5,769.6 2,416.7 2,462.9 2,524.9 2,631.0 2,904.0 2,957.0 3,024.6 3,138.6 Equipment Equip- Strucand struc- ment tures tures 169.3 166.6 163.8 164.7 65.2 64.9 63.9 64.2 Nonfarm nonmanufacturing Manufacturing Farms Yearend By legal form of organization By major industry group Total 104.1 101.6 99.9 100.5 Equipment Equip- Strucand struc- ment tures tures 1,152.7 1,184.0 1,218.5 1,270.2 652.9 668.5 683.4 711.9 499.8 515.5 535.1 558.3 Equipment Equip- Strucand struc- ment tures tures 3,998.7 4,069.3 4,167.3 4,334.8 1,698,6 1,729.5 1,777.7 1,854.9 2,300.1 2,339.8 2,389.6 2,479.9 Corporate Noncorporate Nonfinancial Total Equipment Equipand struc- ment tures Structures Equipment and structures Equipment Structures Equipment Equip- Strucand struc- ment tures tures 4,021.2 4,101.4 4,210.6 4,383.2 2,016.7 2,058.4 2,108.4 2,189.9 3,595.2 3,658.2 3,743.6 3,886.8 1,744.3 1,776.8 1,824.0 1,899.5 1,850.9 1,881.4 1,919.6 1,987.3 1,299.5 1,318.4 1,339.0 1,386.4 2,004.5 2,043.0 2,102.2 2,193.3 887.3 898.5 916.2 948.7 412.3 419.9 422.8 437.7 Table 7.—Constant-Cost Gross Stock of Fixed Nonresidentiai Private Capital, by Major Industry Group and Legal Form of Organization, 1990-93 [Billions of 1987 dollars] By major industry group Total Manufacturing Farms Yearend 1990 1991 1992 1993 Equipment Equip- Strucand struc- ment tures tures 8,491.0 8,660.3 8,814.4 9,022.9 4,090.8 4,180.0 4,273.7 4,423.7 4,400.2 4,480.3 4,540.7 4,599.2 Equipment Equip- Strucand struc- ment tures tures 327.2 318.0 307.6 299.8 137.8 130.1 122.4 116.5 189.4 187.9 185.2 183.4 Equipment Equip- Strucand struc- ment tures tures 1,875.6 1,917.1 1,951.9 1,999.6 1,110.1 1,129.3 1,145.3 1,177.9 By legal form of organization Nonfarm nonmanufacturing 765.5 787.8 806.6 821.7 Equipment Equip- Strucand struc- ment tures tures 6,288.2 6,425.2 6,554.9 6,723.5 2,843.0 2,920.6 3,006.0 3,129.3 3,445.3 3,504.6 3,548.9 3,594.1 Corporate Noncorporate Nonfinancial Total Equipment and structures Equipment Structures Equipment Equip- Strucand struc- ment tures tures 6,436.6 6,574.7 6,710.0 6,885.0 3,390.2 3,468.7 3,557.8 3,689.7 3,046.4 3,106.0 3,152.3 3,195.3 5,826.6 5,924.5 6,016.4 6,142.2 2,996.7 3,048.2 3,105.4 3,199.0 2,829.9 2,876.3 2,911.0 2,943.2 Equipment Equip- Strucand struc- ment tures tures 2,054.4 2,085.5 2,104.4 2,138.0 700.6 711.3 716.0 734.0 1,353.8 1,374.3 1,388.4 1,403.9 Table S.—Constant-Cost Net Stock of Fixed Nonresidential Private Capital, by Major Industry Group and Legal Form of Organization, 1990-93 [Billions of 1987 dollars] By major industry group Total Farms Yearend 1990 1991 1992 1993 Equipment Equip- Strucand struc- ment tures tures 4,773.2 4,828.9 4,876.9 4,979.5 2,202.4 2,230.7 2,267.8 2,359.7 2,570.9 2,598.2 2,609.1 2,619.7 Equipment Equipand struc- ment tures 150.3 145.6 140.1 136.6 57.4 55.5 53.4 52.3 Nonfarm nonmanufacturing Manufacturing Structures 92.9 90.1 86.7 84.3 Equipment and structures 1,025.7 1,046.6 1,060.5 1,087.0 Equipment 579.3 589.3 595.7 618.0 By legal form of organization Structures 446.4 457.3 464.8 468.9 Equipment Equip- Strucand struc- ment tures tures 3,597.2 3,636.7 3,676.3 3,755.9 1,565.6 1,585.9 1,618.8 1,689.4 2,031.5 2,050.8 2,057.5 2,066.5 Corporate Noncorporate Nonfinancial Total Equipment Equipand struc- ment tures Structures Equipment Equipand struc- ment tures Structures Equipment Equip- Strucand struc- ment tures tures 3,608.5 3,656.8 3,707.5 3,797.9 1,780.7 1,803.3 1,814.4 1,823.6 3,215.4 3,246.5 3,277.0 3,341.3 1,632.6 1,646.4 1,650.5 1,653.7 1,164.8 1,172.1 1,169.4 1,181.6 1,827.8 1,853.5 1,893.1 1,974.2 1,582.8 1,600.2 1,626.5 1,687.6 374.6 377.2 374.7 385.5 790.2 794.9 7947 796.1 SURVEY OF CURRENT BUSINESS August 1994 Table 9.—Current-Cost Gross Stock of Residential Capital, by Type of Owner, Legal Form of Organization, and Tenure Group, 1990-93 [Billions of dollars] By tenure group l By type of owner and legal form of organization Private Yearend Owner-occupied Government Total Tenant-occupied Corporate Total Noncorporate Total 1990 1991 1992 1993 7,562.8 7,874.4 8,274.0 8,797.5 7,386.6 7,692.4 8,084.8 8,599.9 Total Nonfinancial 94.8 97.0 100.0 103.6 94.8 97.0 100.0 103.6 Federal 176.1 182.0 189.1 197.6 7,291.9 7,595.4 7,984.9 8,496.4 73.9 75.7 77.5 80.2 State and local 102.2 106.3 111.6 117.3 Farm 149.5 152.6 155.5 160.4 Nonfarm Farm Nonfarm 21.7 21.8 22.2 23.0 5,272.2 5,514.9 5,821.0 6,219.3 2,077.1 2,142.5 2,231.2 2,348.8 Table 10.—Current-Cost Net Stock of Residential Capital, by Type of Owner, Legal Form of Organization, and Tenure Group, 1990-93 [Billions of dollars] By tenure group * By type of owner and legal form of organization Private Yearend Owner-occupied Government Total Tenant-occupied Corporate Noncorporate Total Nonfinancial Total 1990 1991 1992 1993 .. . 4,912.6 5,084.8 5,325.6 5,650.3 4,795.8 4,964.9 5,201.7 5,521.3 53.7 54.7 56.0 57.8 53.7 54.7 56.0 57.8 4,742.1 4,910.3 5,145.7 5,463.5 Total Federal 116.8 119.9 123.9 129.1 53.0 53.8 54.7 56.3 State and local 63.9 66.1 69.2 72.7 Farm 64.7 66.1 67.4 69.7 Nonfarm Nonfarm Farm 7.7 7.7 7.9 8.2 3,560.1 3,703.9 3,901.9 4,163.8 1,261.2 1,288.4 1,329.2 1,388.8 Table 11.—Constant-Cost Gross Stock of Residential Capital, by Type of Owner, Legal Form of Organization, and Tenure Group, 1990-93 [Billions of 1987 dollars] By tenure group 1 By type of owner and legal form of organization Private Yearend Owner-occupied Government Total Tenant-occupied Corporate Noncorporate Total Nonfinancial Total 1990 1991 1992 1993 6,916.4 7,030.3 7,157.4 7,312.0 6,754.2 6,865.1 6,988.8 7,139.1 86.6 87.0 87.6 88.6 86.6 87.0 87.6 88.6 6,667.6 6,778.1 6,901.2 7,050.5 Total Federal 162.1 165.2 168.5 173.0 68.8 69.7 70.3 71.7 State and local 93.3 95.5 98.2 101.3 Farm 137.0 135.4 133.7 132.1 Nonfarm Nonfarm Farm 19.8 19.5 19.2 18.9 4,820.7 4,916.4 5,019.0 5,137.4 1,900.3 1,920.8 1,947.5 1,985.8 Table 12.—Constant-Cost Net Stock of Residential Capital, by Type of Owner, Legal Form of Organization, and Tenure Group, 1990-93 [Billions of 1987 dollars] By tenure group1 By type of owner and legal form of organization Private Yearend Owner-occupied Government Total Corporate Noncorporate Total Total 1990 1991 1992 1993 4,491.3 4,540.8 4,606.8 4,695.8 4,384.4 4,432.6 4,496.9 4,583.2 49.1 49.0 49.1 49.4 Nonfinancial 49.1 49.0 49.1 49.4 4,335.3 4,383.5 4,447.8 4,533.8 Total 106.9 108.3 110.0 112.7 Federal 48.6 48.9 49.0 49.8 1. Excludes stocks of other nonfarm residential capital, which consists of dormitories, fraternity and sorority houses, nurses' homes, etc. State and local 58.3 59.4 61.0 62.9 Farm 59.3 58.6 58.0 57.3 Nonfarm 3,254.3 3,303.9 3,365.0 3,439.7 Tenant-occupied Farm Nonfarm 7.0 6.9 6.8 6.7 1,153.4 1,154.7 1,160.6 1,175.8 SURVEY OF CURRENT BUSINESS August 1994 • 59 Table 13.—Current-Cost Gross Stock of Government-Owned Fixed Capital, 1990-93 [Billions of dollars] Federal Total Excluding military Total Yearend 1990 1991 1992 1993 . Equipment and structures Equipment Structures Equipment and structures 47289 4,873.9 50670 5,308.8 9521 1,017.3 1 0854 1,131.6 37768 3,856.5 3981 5 4,177.2 3,848 4 3,952.0 40902 4,293.5 Equipment 3297 352.6 3729 395.6 Structures Equipment and structures 3,5187 3,599.4 37173 3,897.9 1,477.3 1,535.0 1 6056 1,668.5 Equipment 7248 770.8 821 6 849.5 State and local Excluding military Total Structures Equipment and structures 7525 764.2 7840 818.9 5968 613.2 6288 653.2 Equipment Military Structures 4944 507.0 5198 539.7 1024 106.1 1091 113.5 Equipment and structures 8805 921.8 9768 1,015.3 Equipment 6224 664.7 7125 736.1 Fnnirv cquip- Structures 2581 257.1 2643 279.2 ment and structures Fnuirv cquip- ment 3,251 6 3,338.9 3461 3 3,640.3 227.3 246.5 2638 282.1 Structures 3,024.3 3,092.4 3 197.5 3,358.2 Table 14.—Current-Cost Net Stock of Government-Owned Fixed Capital, 1990-93 [Billions of dollars] Total Total Yearend 1990 1991 1992 1993 Equipment and structures 2,783.8 2,863.8 2,967.3 3,091.2 Equipment 566.7 607.3 642.5 659.1 State and local Federal Excluding military Structures Equipment and structures 2,217.2 2,256.6 2,324.8 2,432.1 2,295.5 2,349.8 2,425.0 2,536.8 Equipment 192.0 204.7 214.7 224.8 Structures 2,103.5 2,145.1 2,210.3 2,312.0 837.1 870.1 905.5 928.8 Equipment 433.7 462.9 488.8 496.3 Military Excluding military Total Equipment and structures Structures Equipment and structures 403.4 407.2 416.7 432.5 348.8 356.1 363.2 374.4 Equipment Structures 289.8 295.8 302.2 312.4 59.0 60.3 61.0 61.9 Equipment and structures 488.3 514.1 542.3 554.4 Equipment 374.7 402.6 427.8 434.3 Structures 113.6 111.4 114.5 120.1 Equipment and structures 1,946.7 1,993.7 2,061.8 2,162.4 Equipment 133.0 144.4 153.7 162.8 Structures 1,813.8 1,849.3 1,908.1 1,999.6 Table 15.—Constant-Cost Gross Stock of Government-Owned Fixed Capital, 1990-93 [Billions of 1987 dollars] Excluding military Total Yearend 1990 1991 1992 1993 Equipment and structures 4,308.9 4,411.6 4,514.2 4,612.8 Equipment 880.0 919.6 958.7 989.4 State and local Federal Total Structures Equipment and structures 3,428.9 3,492.0 3,555.5 3,623.4 3,495.2 3,576.5 3,659.7 3,746.9 Equipment 302.3 318.7 334.8 350.9 Structures 3,192.9 3,257.8 3,324.9 3,396.0 1,352.1 1,382.1 1,410.7 1,432.2 Equipment 671.7 699.3 726.9 746.3 Military Excluding military Total Equipment and structures Structures Equipment and structures 538.4 547.0 556.1 566.3 680.4 682.8 683.8 686.0 Equipment Structures 444.4 448.6 453.2 458.6 94.0 98.4 102.9 107.7 Equipment and structures 813.7 835.1 854.5 865.9 Equipment 577.7 600.9 623.9 638.5 Structures 236.0 234.2 230.6 227.4 Equipment and structures 2,956.8 3,029.5 3,103.5 3,180.6 Equipment 208.3 220.3 231.8 243.2 Structures 2,748.5 2,809.2 2,871.7 2,937.4 Table 16.—Constant-Cost Net Stock of Government-Owned Fixed Capital, 1990-93 [Billions of 1987 dollars] Total Total Yearend 1990 1991 1992 1993 Federal Excluding military State and local Excluding military Total Military Fonincquip- Equipment and structures 2,539.1 2,594.7 2,645.8 2,690.2 Equipment 526.2 551.3 569.3 578.6 Structures Equipment and structures 2,012.9 2,043.4 2,076.6 2,111.6 2,085.4 2,127.6 2,170.5 2,214.7 Equipment 176.4 185.7 193.9 200.9 Structures 1,909.0 1,941.9 1,976.7 2,013.8 Equipment and structures 768.3 785.3 797.6 801.5 Equipment 404.3 422.3 434.2 438.2 Structures 364.1 363.0 363.3 363.3 Equipment and structures 314.7 318.2 322.2 326.1 Equipment 54.5 56.7 58.8 60.5 Structures 260.2 2615 263.4 265.6 Equipment and structures 453.7 4671 475.3 475.4 Equipment 349.8 365.6 375.4 377.7 Structures 103.9 101.5 99.9 97.8 ment and structures 1,770.7 1 8094 1,848.3 1,888.6 Pnnirv cquip- ment 121.9 1290 135.0 140.4 C4ri ip_ tures 1,648.8 1 6804 1,713.2 1,748.3 6o • August 1994 SURVEY OF CURRENT BUSINESS Table 17.—Current-Cost Gross Stock of Durable Goods Owned by Consumers, by Type, 1990-93 [Billions of dollars] Motor vehicles Yearend Furniture and household equipment Total Autos 1990 1991 1992 1993 l 4 074.5 4,333.7 45797 4,872.0 Other 1,471.7 1,565.1 1 661 5 1,784.2 354.6 379.8 4063 440.2 Furniture, including mattresses and bedsprings Kitchen and other household 2 appliances China, glassware, tableware, and utensils 4331 453.0 2314 160.2 239.4 251 2 266.6 172.5 4822 513.2 Other durable house furnishings 3 3379 358.8 3760 395.7 1776 187.0 Other Video and audio products, computing equipment, and musical instruments 2925 310.5 3331 352.4 Jewelry and watches Ophthalmic products and orthopedic appliances Books and maps 3181 347.3 576 62.2 141 1 152.1 3602 377.3 656 1637 68.0 174.2 Wheel goods, sports and photographic equipment, boats, and pleasure aircraft 2763 293.1 3022 313.3 Table 18.—Current-Cost Net Stock of Durable Goods Owned by Consumers, by Type, 1990-93 [Billions of dollars] Motor vehicles Yearend Furniture and household equipment Total Autos 1990 1991 1992 1993 l 2,047.1 2,138.9 2,222.2 2,336.3 Other 195.6 203.3 214.6 233.0 615.6 630.1 640.7 664.4 Furniture, including mattresses and bedsprings Kitchen and other household appliances2 China, glassware, tableware, and utensils 235.6 245.6 260.5 277.1 126.5 131.1 138.1 147.4 84.9 91.3 94.0 99.3 Other durable house furnishings 3 184.5 194.4 202.8 212.7 Other Video and audio products, computing equipment, and musical instruments 175.0 185.6 199.1 211.7 Jewelry and watches Ophthalmic products and orthopedic appliances Books and maps 174.0 187.0 191.4 199.1 30.8 32.6 33.7 34.6 76.3 82.2 88.6 94.0 Wheel goods, sports and photographic equipment, boats, and pleasure aircraft 148.3 155.5 158.6 163.1 Table 19.—Constant-Cost Gross Stock of Durable Goods Owned by Consumers, by Type, 1990-93 [Billions of 1987 dollars] Motor vehicles Yearend 3,790.3 3,945.6 4,119.2 4,320.9 Other 1,370.4 1,414.1 1,467.2 1,531.4 Other Furniture and household equipment Total Autos 1990 1991 1992 1993 l 330.2 343.1 358.7 377.7 Furniture, including mattresses and bedsprings 410.5 422.2 433.6 446.7 Kitchen and other household appliances2 China, glassware, tableware, and utensils Other durable house furnishings3 Video and audio products, computing equipment, and musical instruments Jewelry and watcnes 233.3 243.8 255.8 269.2 148.3 152.7 157.6 163.2 306.6 318.3 331.0 344.0 319.7 360.2 405.7 461.3 252.9 259.8 266.0 272.6 Ophthalmic products and orthopedic appliances 50.0 51.7 52.7 53.6 Books and maps Wheel goods, sports and photographic equipment, boats, and pleasure aircraft 121.4 126.4 131.9 137.3 246.9 253.3 258.9 264.0 Books and maps Wheel goods, sports and photographic equipment, boats, and pleasure aircraft 65.7 68.4 71.4 74.1 Table 20.—Constant-Cost Net Stock of Durable Goods Owned by Consumers, by Type, 1990-93 [Billions of 1987 dollars] Motor vehicles! Yearend Total Autos 1990 1991 1992 1993 1,906.7 1,953.9 2,010.4 2,091.6 573.2 569.4 565.8 570.5 Other 182.2 183.7 189.5 199.9 Furniture, including mattresses and bedsprings Kitchen and other household appliances2 China, glassware, tableware, and utensils 223.4 228.9 234.2 241.2 127.5 133.5 140.7 148.9 78.6 80.8 83.4 86.6 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. Other Furniture and household equipment Other durable house furnishings3 167.4 172.5 178.5 184.9 Video and audio products, computing equipment, and musical instruments Jewelry and watcnes Ophthalmic products and orthopedic appliances 191.2 215.4 242.5 277.1 138.3 139.9 141.4 143.8 26.7 27.1 27.1 27.2 132.5 134.4 135.9 137.4 SURVEY OF CURRENT BUSINESS 6i August 1994 Table 21.—Current-Cost Gross Stock of Fixed Reproducible Tangible Wealth, 1925-93 Table 22,—Current-Cost Net Stock of Fixed Reproducible Tangible Wealth, 1925-93 [Billions of dollars] [Billions of dollars] Fixed private capital Yearend Nonresidential Total Total Total Equipment ResiStruc- dential tures 129.6 Government-owned fixed Durable capital goods owned State by conTotal Federal and sumers local Fixed private capital Yearend Nonresidential Total Total Total Equipment Structures Government-owned fixed Durable capital goods owned ResiState by condential Total Federal and sumers local 1925 1926 1927 1928 1929 419.9 434.6 446.1 460.9 466.8 311.0 321.5 328.8 339.7 343.8 181.4 186.8 190.7 193.4 193.1 54.5 57.0 58.5 59.5 60.1 126.8 129.8 132.2 133.9 133.1 134.7 138.2 146.3 150.7 48.4 49.8 51.1 52.4 52.8 11.9 11.9 11.7 11.6 11.4 36.5 37.9 39.4 40.8 41.5 60.5 63.3 66.1 68.8 70.2 1925 1926 1927 1928 1929 250.7 260.2 267.1 275.9 279.4 182.8 189.5 194.1 200.8 203.2 102.8 104.7 105.9 106.0 29.4 30.8 31.4 31.8 32.3 70.3 71.9 73.3 74.1 73.7 83.0 86.8 89.4 94.8 97.3 35.1 35.8 36.5 37.2 37.4 1930 1931 327.0 291.6 266.4 272.8 281.5 183.2 166.4 155.0 156.0 159.0 58.1 54.5 51.4 50.8 51.3 125.1 111.9 103.6 105.2 107.7 143.8 125.2 111.5 116.9 122.5 51.3 46.6 46.6 54.3 60.1 10.7 1933 1934 445.5 399.1 368.4 382.1 397.0 10.9 12.4 40.6 36.9 37.0 43.4 47.6 67.3 60.9 55.4 54.9 55.5 1930 1931 1932 1933 1934 264.5 232.9 210.4 214.9 220.5 191.7 168.0 149.6 150.0 152.2 99.7 88.8 80.1 78.2 78.0 30.8 27.9 24.9 23.5 23.1 69.0 60.8 55.1 54.6 54.8 91.9 79.2 69.5 71.8 74.2 36.2 32.8 32.7 37.9 41.6 1935 1936 1937 1938 1939 405.0 435.0 460.5 465.3 475.5 285.7 305.9 326.2 328.9 334.9 161.4 170.8 180.2 178.9 180.2 51.0 52.7 55.7 55.7 56.1 110.4 118.2 124.5 123.1 124.1 124.3 135.0 146.0 150.0 154.7 64.2 72.2 75.4 77.8 81.1 13.9 16.7 17.4 18.3 19.5 50.4 55.4 58.0 59.6 61.6 55.1 56.9 59.0 58.6 59.5 1935 1936 1937 1938 1939 223.1 240.0 253.9 255.3 260.8 152.4 162.5 173.2 173.3 175.8 78.0 82.3 87.2 85.7 85.7 22.8 24.0 26.3 26.3 26.7 55.2 58.3 60.9 59.4 59.1 74.5 80.2 86.0 87.7 90.0 44.2 49.7 51.3 52.8 54.9 1940 1941 356.2 388.7 415.8 436.9 458.4 189.0 205.6 218.7 223.7 228.2 59.2 64.5 66.9 67.5 68.6 129.8 141.1 151.7 156.2 159.6 167.2 183.1 197.1 213.2 230.2 89.1 64.1 75.2 85.8 96.0 1940 1941 1942 1944 187.1 204.9 216.5 224.5 233.4 103.6 104.1 105.4 28.9 32.7 33.4 33.0 33.7 61.2 66.2 70.2 71.1 71.6 106.0 112.9 120.4 128.1 60.1 77.4 101.0 280.4 320.1 371.4 424.0 461.0 90.1 98.9 126.2 176.1 66.6 78.3 89.1 91.1 89.5 97.0 112.9 159.9 217.3 265.6 22.5 34.6 70.8 1943 1944 509.3 576.9 661.5 750.2 824.9 113.2 154.7 181.5 1945 1946 1947 1948 1949 913.0 1,038.4 1,177.1 1,249.0 1,280.7 496.4 589.5 695.0 757.9 792.0 248.7 299.0 353.7 386.3 402.4 75.3 89.9 247.7 290.6 341.4 371.6 389.7 313.8 335.1 346.9 337.1 319.5 219.8 226.2 218.2 198.5 181.0 108.9 128.7 138.6 138.6 102.8 113.7 135.2 154.0 169.1 1945 1946 1947 1948 1949 498.1 554.3 627.0 674.3 697.5 251.4 302.1 363.0 404.3 428.4 115.4 141.8 172.5 193.6 205.2 38.4 47.7 60.6 73.4 82.2 77.1 94.1 107.8 125.6 138.9 173.4 209.1 245.8 260.7 263.4 111.9 120.2 122.9 136.0 160.3 190.5 210.7 223.3 200.5 199.0 198.9 193.8 182.5 141.0 131.1 119.4 108.5 1950 1951 1952 1953 1954 1,392.6 1,524.9 1,608.3 1,668.3 1,738.6 868.3 946.4 993.8 1,031.4 1,075.6 441.1 483.4 509.1 529.7 549.5 158.3 178.4 192.8 207.9 221.3 282.9 305.1 316.3 321.8 328.2 427.1 462.9 484.7 501.6 526.0 323.9 351.9 370.2 379.4 395.4 172.6 181.2 190.9 200.5 208.3 151.3 170.8 179.3 179.0 187.2 200.4 226.6 244.3 257.5 267.6 1950 1951 1952 477.7 526.5 557.0 583.4 612.9 228.4 253.5 268.8 282.7 295.0 94.6 106.8 114.5 122.9 129.2 133.9 146.7 154.3 159.8 165.8 249.3 273.1 288.2 300.7 317.9 188.2 205.1 220.5 231.1 242.3 95.1 99.7 1954 774.1 856.0 911.5 957.4 1,002.3 1955 1956 1957 1958 1959 1,866.0 2,023.7 2,117.1 2,191.9 2,278.1 1,155.1 1,241.8 1,300.8 1,341.1 1,394.7 594.8 654.3 693.9 715.5 742.7 243.2 272.9 297.3 311.8 328.8 351.5 381.4 396.6 403.6 413.9 560.4 587.5 606.9 625.6 651.9 427.4 468.7 491.4 505.8 520.4 221.9 239.7 248.0 252.4 259.4 205.4 229.1 243.4 253.4 261.0 283.5 313.1 324.9 345.1 363.1 1955 1956 1957 1958 1959 1,084.6 1,178.7 1,235.3 1,276.4 1,328.0 664.5 719.9 758.6 784.1 820.5 322.0 358.1 383.0 395.2 411.7 141.4 158.2 171.8 177.7 186.2 180.6 199.9 211.2 217.4 225.5 342.5 361.8 375.6 389.0 408.8 1960 1,436.8 1,480.0 1,532.6 1,579.4 1,666.0 761.0 780.9 808.2 838.5 879.9 341.7 350.9 365.1 381.5 402.6 419.2 430.0 443.2 457.0 477.3 675.9 699.1 724.3 740.9 786.0 538.5 562.6 596.9 626.1 654.5 266.9 276.5 290.4 300.0 309.8 271.6 286.1 306.5 326.1 344.7 375.5 387.4 400.2 419.0 434.8 1960 1962 1963 1964 2,350.8 2,430.1 2,529.6 2,624.4 2,755.2 1964 1,371.3 1,417.6 1,478.5 1,539.5 1,625.1 849.5 878.2 913.8 947.0 1,006.0 423.5 435.7 453.4 472.9 500.4 192.4 196.0 203.5 212.5 225.3 231.1 239.7 249.9 260.4 275.1 1965 1966 1967 1968 1969 2,909.6 3,148.0 3,368.2 3,710.2 4,067.4 1,764.5 1,914.5 2,042.0 2,265.9 2,487.9 941.1 1,024.4 1,104.0 1,215.0 1,334.9 431.1 474.2 519.5 570.1 619.1 510.0 823.4 550.2 890.1 584.5 938.0 644.9 1,050.9 715.8 1,153.0 696.1 752.7 805.6 873.2 957.9 322.7 340.8 357.2 375.0 398.1 373.4 411.9 448.4 498.2 559.8 449.0 480.9 520.5 571.2 621.6 1965 1966 1967 1968 1969 1,730.2 1,890.7 2,033.0 2,256.8 2,487.5 1,074.7 1,175.5 1,258.1 1,403.2 1,548.3 542.3 598.7 649.4 719.3 796.3 244.0 272.3 300.0 330.7 361.4 298.2 326.4 349.4 388.6 435.0 1970 1971 1972 1973 1974 4,428.2 4,847.4 5,367.8 6,044.9 7,127.2 2,689.0 2,973.9 3,367.5 3,827.1 4,456.7 1,469.6 679.5 790.1 1,219.4 1,059.6 1,619.0 734.0 885.0 1,354.9 1,151.2 1,797.2 791.4 1,005.8 1,570.3 1,222.3 2,035.1 879.1 1,156.0 1,792.0 1,359.4 2,435.8 1,089.7 1,346.1 2,020.9 1,664.8 1970 1971 1972 1973 1974 2,707.8 2,965.1 3,294.4 3,722.4 4,373.0 1,673.8 1,854.6 2,110.5 2,408.3 2,794.3 878.8 967.7 1,076.4 1,223.1 1,459.5 396.2 425.6 458.3 512.7 635.6 1975 1976 1977 1978 1979 7,843.4 8,577.0 9,622.8 11,056.1 12,683.5 4,978.7 5,502.8 6,236.7 7,169.2 8,233.9 2,754.6 3,023.4 3,371.6 3,832.1 4,397.2 1,264.5 1,405.3 1,576.6 1,791.8 2,057.5 1,490.1 1,618.1 1,794.9 2,040.3 2,339.7 2,224.1 2,479.4 2,865.1 3,337.1 3,836.7 1,745.6 1,840.4 2,014.3 2,345.5 2,691.9 1975 1976 1977 4,773.7 5,192.1 5,820.9 6,694.3 7,682.0 3,101.5 3,415.4 3,872.6 4,462.0 5,132.7 1,638.0 731.2 906.9 1,784.5 805.7 978.8 1,981.4 900.9 1,080.5 2,250.8 1,024.9 1,225.9 2,585.6 1,178.4 1,407.2 1,463.4 1,630.9 1,891.2 2,211.2 2,547.1 1980 ....... 9,364.1 10,387.1 11,004.6 11,476.5 12,082.5 5,072.1 5,755.3 6,186.1 6,442.8 6,786.9 2,388.7 2,723.3 2,939.0 3,066.6 3,213.7 2,683.4 3,031.9 3,247.1 3,376.2 3,573.2 4,292.0 4,631.8 4,818.5 5,033.7 5,295.6 2,978.7 885.0 2,093.7 1,963.3 3,141.4 968.0 2,173.4 2,141.7 3,237.1 1,018.0 2,219.1 2,284.9 3,368.0 1,066.6 2,301.5 2,432.5 3,568.4 1,119.3 2,449.0 2,608,2 1980 1983 1984 14,306.0 15,670.2 16,526.5 17,277.1 18,259.0 8,619.0 9,373.7 9,792.1 10,172.1 10,734.4 5,814.2 6,412.9 6,737.3 6,987.0 7,348.0 2,974.2 3,363.3 3,589.0 3,707.1 3,899.4 1,359.8 1,539.6 1,637.1 1,687.6 1,765.6 1,614.5 1,823.8 1,951.9 2,019.5 2,133.8 1985 1986 1987 1988 1989 19,329.7 20,502.6 21,774.4 22,965.5 24,361.2 12,746.6 13,535.7 14,387.6 15,077.9 16,022.3 7,156.4 7,550.1 7,930.6 8,488.0 9,012.4 3,373.6 3,599.2 3,775.0 4,009.9 4,256.9 3,782.8 3,950.9 4,155.6 4,478.2 4,755.5 5,590.2 5,985.6 6,457.0 6,589.9 7,009.9 3,771.9 3,916.4 4,083.5 4,305.9 4,516.2 1,176.1 1,226.7 1,269.4 1,324.5 1,394.0 2,595.8 2,689.7 2,814.1 2,981.4 3,122.3 2,811.1 3,050.5 3,303.3 3,581.7 3,822.7 1985 1986 1987 11,367.3 12,062.7 12,802.9 13,458.4 14,244.6 7,751.8 8,224.3 8,729.1 9,108.3 9,650.3 4,112.7 4,322.2 4,515.9 4,810.3 5,084.2 1,851.8 1,968.6 2,053.1 2,173.9 2,298.6 1990 1991 1992 1993 25,674.8 26,644.5 27,783.5 29,270.5 16,871.4 9,484.8 4,506.1 17,437.0 9,744.6 4,635.5 18,136.9 10,052.1 4,782.6 19,089.7 10,489.7 4,973.6 4,978.7 5,109.1 5,269.5 5,516.1 7,386.6 7,692,4 8,084.8 8,599.9 4,728.9 4,873.9 5,067.0 5,308.8 1,477.3 1,535.0 1,605.6 1,668.5 3,251.6 3,338.9 3,461.3 3,640.3 4,074.5 4,333.7 4,579.7 4,872.0 1990 ....... 14,947.4 15,387.5 15,940.6 16,718.4 10,116.5 10,384.8 10,751.2 11,290.9 5,320.7 5,419.9 5,549.5 5,769.6 2,416.7 2,462.9 2,524.9 2,631.0 1932 ....... 1942 ....... 1961 ....... 1981 1982 ....... 9.7 9.6 94.0 424.1 635.5 679.7 446.2 704.9 722.4 448.1 774.2 778.0 472.3 887.0 858.4 533.8 1,131.0 1,005.6 563.9 607.6 651.9 722.7 797.9 1,181.7 1,232.8 1,362.4 1,622.8 1,894.0 1,119.1 1,233.8 1,371.8 1,541.5 1,757.7 1943 ....... 1953 ....... 1961 ....... 1962 1963 ....... 1978 ....... 1979 ....... 1981 ....... 1982 1983 ....... 1984 1988 ....... 1989 1991 1992 1993 ....... 99.8 8.4 8.1 7.8 7.5 7.2 6.7 5.9 5.8 6.8 7.8 8.8 26.7 27.7 28.8 29.7 30.2 32.7 34.8 36.5 37.9 38.8 29.6 26.8 26.8 31.2 33.9 36.6 32.2 28.1 27.0 26.7 35.4 38.8 40.2 41.2 42.6 26.4 27.7 29.4 29.2 30.1 45.8 53.5 60.1 60.2 57.9 33.2 37.9 41.7 44.9 46.1 59.5 67.8 79.5 85.3 85.1 46.2 53.2 65.1 76.3 86.6 93.2 109.7 120.4 125.8 105.3 110.7 110.7 116.5 108.2 124.4 134.0 143.0 147.1 262.8 286.9 300.6 310.3 318.5 134.1 142.7 146.7 149.3 152.1 128.7 144.1 153.9 161.0 166.4 157.3 171.9 176.2 182.0 189.0 426.0 442.4 460.4 474.1 505.6 328.1 342.7 362.3 379.7 395.4 154.4 158.8 164.6 168.3 170.7 173.8 183.8 197.7 211.4 224.7 193.7 196.8 202.3 212.8 223.7 532.5 576.9 608.7 683.9 752.0 419.4 456.6 491.6 539.4 595.4 174.5 184.8 193.7 206.3 219.9 244.9 271.8 297.9 333.1 375.6 236.1 258.5 283.2 314.2 343.7 482.6 795.0 661.6 542.1 886.8 716.8 618.1 1,034.0 759.2 710.4 1,185.2 843.6 823.9 1,334.8 1,034.6 235.2 244.3 241.5 252.8 285.1 426.4 472.5 517.7 590.8 749.5 372.4 393.7 424.7 470.5 544.2 1,076.5 1,124.0 1,222.7 1,417.2 1,624.9 298.1 778.3 317.1 807.0 338.0 884.7 372.7 1,044.5 415.0 1,209.9 595.7 652.8 725.5 815.2 924.4 2,840.0 3,049.6 3,148.3 3,279.9 3,448.6 1,790.5 1,874.5 1,921.1 1,991.3 2,104.9 464.2 508.5 537.1 567.8 600.7 1,326.3 1,366.1 1,384.0 1,423.5 1,504.3 1,014.3 1,086.2 1,133.7 1,193.8 1,281,5 2,260.8 2,353.6 2,462.8 2,636.4 2,785.6 3,639.1 3,902.1 4,213.2 4,298.0 4,566.1 2,224.5 2,310.9 2,414.3 2,541.8 2,664.7 640.7 677.6 711.8 745.8 789.3 1,583.8 1,633.3 1,702.5 1,796.0 1,875.3 1,391.1 1,527.5 1,659.5 1,808.4 1,929.6 2,904.0 2,957.0 3,024.6 3,138.6 4,795.8 4,964.9 5,201.7 5,521.3 2,783.8 2,863.8 2,967.3 3,091.2 837.1 870.1 905.5 928.8 1,946.7 1,993.7 2,061.8 2,162.4 2,047.1 2,138.9 2,222.2 2,336.3 10.9 11.1 11.6 12.3 14.3 23.9 53.1 94.4 123.6 97.3 62 • August 1994 SURVEY OF CURRENT BUSINESS Table 23.—Constant-Cost Gross Stock of Fixed Reproducible Tangible Wealth, 1925-93 Table 24.—Constant-Cost Net Stock of Fixed Reproducible Tangible Wealth, 1925-93 [Billions of 1987 dollars] [Billions of 1987 dollars] Government-owned fixed capital Fixed private capital Yearend Nonresidential Total Total Total ResiEquip- Struc- dential ment tures 1,913.7 1,968.3 Total Federal State and local Durable goods owned by consumers Fixed private capital Yearend Nonresidential Total Total Total Equipment Structures Government-owned fixed Durable capital goods owned ResiState by condential Total Federal and sumers local 4,052.9 4,197.2 4,331.6 4,460.2 4,585.3 3,338.3 3,448.4 3,546.9 3,638.5 3,724.8 492.1 508.2 518.6 529.2 545.0 1,421.7 1,460.1 1,496.8 1,530.7 1,569.0 1,424.5 1,480.1 1,531.5 1,578.7 1,610.8 455.0 474.8 497.1 520.3 543.7 124.1 125.0 125.8 126.3 127.0 330.9 349.8 371.3 394.0 416.7 259.6 274.1 287.6 301.4 316.8 1925 1926 1927 1928 1929 2,429.7 2,522.4 2,605.2 2,681.1 2,752.3 1,964.3 2,035.5 2,096.6 2,150.2 2,197.7 1,052.1 1,082.0 1,106.1 1,127.5 1,158.2 263.6 272.1 275.8 279.7 288.9 788.5 912.2 809.9 953.5 830.3 990.5 847.8 1,022.7 869.3 1,039.4 325.1 336.6 350.4 365.1 379.9 87.7 2,015.4 2,059.9 2,114.0 85.5 83.3 81.3 79.9 237.4 251.1 267.1 283.7 300.0 140.2 150.3 158.3 165.9 174.7 1931 1932 1933 1934 4,672.2 4,717.7 4,717.0 4,698.8 4,691.6 3,775.7 3,788.7 3,767.2 3,736.4 3,711.7 2,149.4 2,151.4 2,129.1 2,099.5 2,074.5 552.0 546.7 532.4 516.5 504.0 1,597.4 1,604.7 1,596.6 1,583.1 1,570.6 1,626.3 1,637.2 1,638.1 1,636.8 1,637.2 572.0 601.6 626.4 644.5 667.6 128.5 131.1 135.1 141.1 148.7 443.5 470.5 491.3 503.4 518.9 324.5 327.5 323.5 317.9 312.3 1930 1931 1932 1933 1934 2,785.4 2,779.0 2,730.3 2,669.7 2,625.7 2,210.4 2,187.2 2,131.6 2,071.0 2,021.0 1,170.9 1,151.7 1,109.9 1,065.0 1,028.7 289.0 277.6 257.9 239.0 226.3 881.9 874.0 852.1 826.0 802.5 1,039.6 1,035.6 1,021.7 1,006.0 992.2 399.4 419.6 434.7 442.3 454.5 79.3 79.9 81.9 85.4 90.3 320.1 339.8 352.8 356.9 364.3 175.5 172.2 164.0 156.3 150.2 1935 1936 1937 1938 1939 4,698.5 4,741.7 4,792.3 4,822.8 4,874.4 3,697.4 3,702.9 3,719.4 3,716.6 3,723.9 2,054.7 2,048.3 2,051.3 2,035.4 2,021.8 496.0 496.5 501.2 494.9 491.4 1,558.7 1,551.9 1,550.1 1,540.5 1,530.3 1,642.7 1,654.6 1,668.0 1,681.3 1,702.1 691.8 728.3 759.1 794.1 834.7 158.9 168.8 177.9 187.1 196.8 532.9 559.5 581.2 607.0 637.9 309.2 310.5 313.8 312.1 315.9 1935 1936 1937 1938 1939 2,601.1 2,616.2 2,639.1 2,641.7 2,666.8 1,985.5 1,973.0 1,972.8 1,954.5 1,948.4 1,001.4 990.3 990.1 971.9 958.0 220.3 224.1 232.6 229.5 229.8 781.0 766.3 757.5 742.4 728.2 984.2 982.7 982.7 982.6 990.4 467.6 492.3 510.7 532.6 559.5 97.3 103.9 109.3 114.3 119.7 370.2 388.4 401.4 418.3 439.9 148.0 150.9 155.5 154.5 158.8 1940 1941 1942 1944 4,943.2 5,093.7 5,357.4 5,716.8 6,025.7 3,745.5 3,780.5 3,768.2 3,736.5 3,717.5 2,020.0 2,028.9 2,010.7 1,982.4 1,968.4 496.8 508.3 507.2 503.6 509.2 1,523.2 1,520.6 1,503.5 1,478.8 1,459.2 1,725.5 873.1 212.2 1,751.6 974.5 297.7 1,757.5 1,245.8 561.5 1,754.1 1,635.0 949.3 1,749.1 1,962.9 1,276.9 660.9 676.8 684.3 685.7 686.0 324.6 338.8 343.4 345.3 345.3 1940 1941 1942 1943 1944 2,708.5 2,811.6 2,997.5 3,229.5 3,372.5 1,957.7 1,980.8 1,953.5 1,909.4 1,879.6 956.9 967.1 947.0 918.8 906.0 238.4 252.6 250.4 245.8 251.1 718.6 1,000.8 583.7 714.5 1,013.7 662.0 696.6 1,006.5 878.4 673.0 990.6 1,159.7 654.8 973.6 1,337.9 130.2 202.3 420.9 710.2 897.1 453.4 459.7 457.6 449.6 440.7 167.0 168.8 165.6 160.4 155.1 1945 1946 1947 1948 1949 6,202.8 6,159.4 6,159.5 6,180.6 6,253.3 3,725.3 3,807.7 3,914.6 4,044.2 4,150.8 1,979.3 2,024.5 2,079.4 2,141.8 2,189.9 532.0 566.4 617.6 670.0 709.4 1,447.3 1,458.1 1,461.7 1,471.8 1,480.4 1,746.0 1,783.1 1,835.3 1,902.4 1,960.9 2,130.1 1,443.3 1,982.4 1,288.4 1,844.1 1,133.5 1,702.0 971.4 1,632.6 878.6 686.8 694.0 710.6 730.6 753.9 347.4 369.4 400.8 434.4 470.0 1945 1946 1947 1948 1949 3,387.2 3,295.5 3,291.7 3,349.7 3,420.0 1,876.8 1,944.7 2,037.9 2,148.5 2,232.8 917.9 960.4 1,013.3 1,069.8 1,109.0 273.1 302.1 346.7 390.0 416.9 644.8 958.9 1,357.5 658.3 984.3 1,182.4 666.6 1,024.5 1,064.0 988.4 679.8 1,078.7 692.1 1,123.7 949.1 924.8 751.4 625.6 539.5 486.1 432.7 431.0 438.4 448.9 463.0 152.9 168.4 189.9 212.8 238.0 1950 1951 1952 1953 1954 6,375.0 6,568.0 6,790.5 7,024.3 7,261.2 4,295.4 4,430.3 4,560.2 4,699.2 4,837.3 2,250.2 2,316.6 2,381.4 2,452.7 2,516.9 756.0 806.3 854.8 904.8 946.4 1,494.1 1,510.3 1,526.6 1,547.9 1,570.4 2,045.3 2,113.8 2,178.8 2,246.5 2,320.5 1,569.4 1,593.1 1,653.6 1,717.0 1,780.2 789.0 785.0 817.1 849.7 875.1 780.5 808.1 836.5 867.3 905.2 510.1 544.6 576.7 608.2 643.6 1950 1951 1952 1953 1954 3,555.5 3,696.5 3,858.4 4,037.5 4,197.2 2,349.4 2,452.9 2,546.3 2,647.1 2,746.0 1,155.5 1,205.7 1,250.1 1,300.0 1,342.5 447.4 478.3 504.0 530.6 548.4 708.2 727.4 746.1 769.3 794.0 1,193.8 934.3 1,247.2 947.3 1,296.2 998.3 1,347.2 1,055.0 1,403.6 1,099.7 454.1 449.3 482.3 518.9 536.9 480.1 498.0 516.1 536.2 562.8 271.9 296.4 313.7 335.3 351.4 1955 1956 1957 1958 1959 7,524.4 7,781.1 8,024.9 8,248.4 8,518.3 5,000.2 5,163.8 5,317.2 5,448.5 5,612.7 2,591.2 2,675.0 2,754.6 2,809.9 2,876.3 993.2 1,041.5 1,085.8 1,111.4 1,144.4 1,598.0 1,633.5 1,668.7 1,698.4 1,731.9 2,409.0 2,488.7 2,562.7 2,638.7 2,736.4 1,838.3 1,891.5 1,947.5 2,011.9 2,086.6 892.0 946.3 903.0 988.5 914.2 1,033.3 930.8 1,081.1 956.2 1,130.4 686.0 725.8 760.2 788.0 818.9 1955 1956 1957 1958 1959 4,385.3 4,551.4 4,708.2 4,843.4 5,017.9 2,868.0 2,988.4 3,098.4 3,186.3 3,304.9 1,394.3 1,454.9 1,511.3 1,544.7 1,588.2 572.6 598.0 620.8 626.9 641.0 821.6 856.9 890.5 917.8 947.2 1,473.7 1,533.6 1,587.1 1,641.6 1,716.7 1,139.2 1,167.5 1,200.9 1,243.9 1,288.6 547.1 545.7 547.5 556.4 566.4 592.1 621.7 653.4 687.5 722.2 378.1 395.5 408.9 413.2 424.4 1960 1961 1962 1963 1964 8,781.3 9,038.7 9,329.0 9,640.8 9,979.1 5,773.1 5,930.4 6,105.1 6,300.9 6,518.0 2,948.1 3,017.7 3,097.4 3,183.4 3,290.4 1,176.5 1,203.8 1,238.5 1,278.2 1,329.3 1,771.6 1,813.8 1,858.9 1,905.2 1,961.1 2,825.0 2,912.7 3,007.7 3,117.5 3,227.6 2,160.6 2,237.9 2,323.3 2,404.6 2,487.4 980.8 1,004.8 1,035.1 1,057.2 1,076.8 1,179.7 1,233.1 1,288.2 1,347.4 1,410.6 847.6 870.4 900.5 935.2 973.7 1960 1961 1962 1963 1964 5,184.3 5,346.4 5,533.6 5,745.3 5,977.2 3,418.5 3,527.0 3,651.4 3,792.9 3,951.3 1,637.1 1,682.6 1,738.1 1,797.2 1,874.5 655.5 666.1 684.4 707.1 740.1 981.6 1,016.4 1,053.7 1,090.1 1,1344 1,781.4 1,844.5 1,913.2 1,995.7 2,076.9 1,330.5 1,378.9 1,428.4 1,478.8 1S?fi7 573.8 584.2 594.8 602.3 603.9 756.7 794.7 833.6 876.6 922.7 435.3 440.5 453.8 473.5 499.2 1965 1966 1967 1968 1969 10,371.1 10,784.0 11,184.3 11,621.4 12,067.5 6,774.3 7,037.8 7,290.9 7,568.4 7,858.8 3,431.3 3,591.4 3,744.6 3,906.1 4,082.1 1,399.4 1,484.5 1,565.4 1,653.1 1,749.7 2,031.9 2,106.9 2,179.2 2,253.0 2,332.4 3,343.1 3,446.4 3,546.3 3,662.3 3,776.7 2,572.7 2,666.1 2,758.1 2,844.9 2,929.1 1,094.8 1,116.2 1,129.6 1,133.8 1,141.0 1,477.9 1,550.0 1,628.5 1,711.1 1,788.0 1,024.0 1,080.1 1,135.4 1,208.1 1,279.6 1965 1966 1967 1968 1969 6,256.1 6,555.7 6,831.4 7,139.1 7,439.9 4,143.8 4,336.6 4,511.5 4,703.8 4,902.1 1,981.4 790.0 2,102.5 851.2 2,209.9 904.1 2,320.3 960.0 2,439.3 1,021.0 1,191.4 1,251.4 1,305.9 1,360.3 1,418.3 2,162.3 2,234.1 2,301.6 2,383.5 2,462.8 1,576.4 1,641.5 1,705.7 1,774.6 1,834.0 604.3 615.8 621.0 628.5 632.6 972.1 1,025.7 1,084.7 1,146.1 1,201.4 535.9 577.5 614.2 660.7 703.8 1970 1971 1972 1973 1974 12,476.2 12,923.7 13,401.3 13,934.7 14,408.9 8,131.2 8,429.9 8,759.0 9,131.4 9,462.2 4,250.1 4,410.3 4,580.7 4,795.2 5,007.1 1,839.2 1,922.5 2,019.6 2,149.1 2,279.5 2,411.0 2,487.8 2,561.1 2,646.1 2,727.6 3,881.1 4,019.6 4,178.3 4,336.2 4,455.2 3,001.4 3,071.9 3,129.8 3,182.6 3,235.7 1,141.5 1,143.3 1,136.2 1,126.9 1,116.4 1,859.9 1,928.6 1,993.6 2,055.7 2,119.3 1,343.7 1,421.8 1,512.5 1,620.7 1,711.0 1970 1971 1972 1973 1974 7,690.6 7,958.9 8,255.9 8,598.9 8,865.3 5,074.2 5,266.9 5,486.7 5,741.4 5,943.7 2,543.6 2,635.5 2,735.7 2,873.9 3,000.7 1,070.5 1,112.0 1,165.3 1,247.8 1,325.3 1,473.1 1,523.5 1,570.4 1,626.1 1,675.4 2,530.7 2,631.4 2,751.0 2,867.5 2,943.0 1,883.5 1,920.9 1,947.7 1,973.6 2,001.1 633.7 626.7 613.7 603.7 594.7 1,249.8 1,294.1 1,334.0 1,369.9 1,406.3 732.8 771.1 821.6 883.9 920.6 1975 1976 1977 1978 1979 14,816.3 15,266.6 15,785.9 16,372.5 16,963.4 9,725.6 10,020.4 10,378.4 10,792.2 11,220.3 5,170.6 5,334.7 5,527.2 5,762.4 6,021.7 2,373.4 2,468.3 2,588.4 2,731.1 2,882.,3 2,797.3 2,866.3 2,938.8 3,031.3 3,139.5 4,554.9 4,685.7 4,851.2 5,029.7 5,198.6 3,292.3 3,344.9 3,392.5 3,441.0 3,486.5 1,114.6 1,113.7 1,113.3 1,115.4 1,113.4 2,177.7 2,231.2 2,279.2 2,325.5 2,373.1 1,798.5 1,901.3 2,015.0 2,139.4 2,256.5 1975 1976 1977 1978 1979 9,050.8 9,277.2 9,572.0 9,919.2 10,270.4 6,075.8 6,235.2 6,454.0 6,719.1 6,993.0 3,077.8 3,152.1 3,251.9 3,387.5 3,543.0 1,366.6 1,408.3 1,472.9 1,556.7 1,646.2 1,711.2 1,743.8 1,779.0 1,830.8 1,896.9 2,998.0 3,083.1 3,202.1 3,331.7 3,449.9 2,023.7 2,042.0 2,057.1 2,072.6 2,095.6 587.2 580.0 575.8 574.0 577.6 1,436.5 1,462.0 1,481.2 1,498.7 1,517.9 951.3 1,000.0 1,061.0 1,127.4 1,181.9 1980 1981 1982 1983 17,468.5 17,963.0 18,370.1 18,845.1 1984 ....... 19,440.5 11,584.7 11,936.3 12,216.7 12,523.3 12,909.2 6,263.6 6,509.7 6,711.4 6,891.2 7,126.0 3,008.8 3,125.9 3,205.9 3,285.4 3,396.5 3,254.8 3,383.8 3,505.5 3,605.8 3,729.5 5,321.2 5,426.6 5,505.2 5,632.1 5,783.2 3,543.7 3,602.7 3,648.3 3,704.8 3,769.8 1,122.3 1,137.9 1,142.1 1,155.9 1,176.7 2,421.5 2,464.8 2,506.2 2,548.9 2,593.0 2,340.1 2,423.9 2,505.1 2,616.9 2,761.6 1980 1981 1982 1983 1984 10,523.7 10,754.8 10,902.0 11,111.7 11,440.6 7,197.7 7,383.9 7,499.3 7,642.5 7,865.7 3,677.4 3,810.6 3,900.6 3,970.2 4,096.8 1,709.2 1,763.0 1,782.1 1,804.4 1,862.2 1,968.3 2,047.6 2,118.5 2,165.8 2,234.7 3,520.3 3,573.3 3,598.7 3,672.3 3,768.8 2,123.0 2,148.1 2,166.5 2,191.3 2,223.0 587.1 597.5 602.9 614.7 630.2 1,535.9 1,550.6 1,563.6 1,576.6 1,592.8 1,203.0 1,222.7 1,236.2 1,277.9 1,351.9 1985 ....... 20,091.3 20,752,8 21,399.9 22,062.1 22,717.3 13,322.3 13,727.6 14,112.0 14,503.6 14,886.3 7,388.5 7,616.0 7,825.5 8,045.3 8,272.2 3,518.4 3,632.7 3,737.3 3,854.6 3,978.9 3,870.1 3,983.3 4,088.2 4,190.8 4,293.3 5,933.8 6,111.6 6,286.5 6,458.2 6,614.0 3,849.2 3,933.8 4,026.3 4,114.9 4,204.4 1,204.4 1,232.7 1,266.0 1,292.6 1,319.1 2,644.8 2,701.1 2,760.3 2,822.3 2,885.3 2,919.8 3,091.5 3,261.7 3,443.5 3,626.7 1985 1986 1987 1988 1989 11,823.5 12,214.2 12,576.9 12,942.1 13,292.9 8,112.4 8,346.3 8,557.9 8,773.8 8,980.3 4,247.8 4,361.5 4,457.1 4,561.9 4,672.9 1,929.0 1,986.3 2,034.1 2,092.0 2,154.9 2,318.9 2,375.2 2,423.0 2,469.8 2,518.0 3,864.6 3,984.7 4,100.8 4,211.9 4,307.5 2,268.7 2,320.5 2,380.0 2,429.9 2,481.7 654.8 680.2 710.2 729.6 748.5 1,613.9 1,640.3 1,669.8 1,700.3 1,733.2 1,442.3 1,547.4 1,639.0 1,738.4 1,830.8 23,344.4 23,882.6 24,436.7 25,095.7 15,245.2 15,525.4 15,803.3 16.162.0 8,491.0 8,660.3 8,814.4 9,022.9 4,090.8 4,180.0 4,273.7 4,423.7 4,400.2 4,480.3 4,540.7 4,599.2 6,754.2 6,865.1 6,988.8 7,139.1 4,308.9 4,411.6 4,514.2 4,612.8 1,352.1 1,382.1 1,410.7 1,432.2 2,956.8 3,029.5 3,103.5 3,180.6 3,790.3 3,945.6 4,119.2 4,320.9 1990 1991 1992 1993 13,603.4 13,810.1 14,030.0 14,344.4 9,157.6 9,261.5 9,373.8 9,562.6 4,773.2 4,828.9 4,876.9 4,979.5 2,202.4 2,230.7 2,267.8 2,359.7 2,570.9 2,598.2 2,609.1 2,619.7 4,384.4 4,432.6 4,496.9 4,583.2 2,539.1 2,594.7 2,645.8 2,690.2 768.3 785.3 797.6 801.5 1,770.7 1,809.4 1,848.3 1,888.6 1,906.7 1,953.9 2,010.4 2,091.6 1925 1926 1927 ....... 1928 1929 1930 ....... 1943 ....... 1986 1987 1988 1989 1990 1991 1992 1993 Essential Data on the Infrastructure of the United States . . IN This report presents BEA's latest official estimates of the stock of privately owned and government-owned durable equipment and structures and of durable goods owned by consumers in the United States. The report provides annual estimates of gross and net stocks, depreciation, discards, and average ages of gross and net stocks in historical-cost, constant-cost, and current-cost valuations, as follows: • Fixed nonresidential private capital owned by each two-digit Standard Industrial Classification(SIC) establishment-based industry for 1947-89, based on the 1987 SIC; • Fixed nonresidential private capital, by type of equipment and structures and by legal form of organization, for 1925-89; •Residential capital, by type of equipment and structures, by legal form of organization, by industry, and by tenure group, for 1925-89; • Durable goods owned by consumers, by type of goods, for 1925-89; • Government-owned fixed capital, by type of equipment and structures, separately for the Federal Government and for State and local government, for 1925-89. The report also includes the investment series and service lives used to derive the wealth estimates and a detailed statement of methodology. BEA's fixed capital and investment estimates are used by economists, academics, public officials, private business leaders, students, and others. The estimates are used in studies of industry, productivity, and economic growth, in econometric models, and in studies of business taxation. Order your copy today! The estimates are also available in other media; for information, call BEA at (202) 606-9740. Superintendent of Documents Publications Order Form Order Processing Code: *7055 Charge your order. It's Easy! I—I YES, please send me the following publication: To fax your orders (202) 512-2250 copies of FIXED REPRODUCIBLE TANGIBLE WEALTH IN THE UNITED STATES 1925-89, S/N 003-010-00235-2 at $25 each ($31.25 foreign). The total cost of my order is $. (Company or Personal Name) (Additional address/attention line) (Street address) _. Price includes regular domestic postage and handling and is subject to change. (Please type or print) Please Choose Method of Payment: i i Check Payable to the Superintendent of Documents GPO Deposit Account | | | VISA or MasterCard Account i i i i i-n I I I I I I I I /^ ^ ^ I I (Credit card expiration date) Thank you for your order! (City, State, ZIP Code) (Daytime phone including area code) (Authorizing Signature) (Purchase Order No.) Mail To: Superintendent of Documents P.O. Box 371954, Pittsburgh, PA 15250-7954 2/93 SURVEY OF CURRENT BUSINESS 64 August 1994 State Personal Income, Revised Estimates for 1991-93 ARTICLE presents revised annual estimates of State personal income for 1991-93. It summarizes the revisions and then gives brief definitions of total and disposable personal income. At the end of the article, table i presents the revised estimates of total and per capita personal income, table 2 presents the revised estimates of total and per capita disposable personal income, and table 3 presents the revised estimates of personal income by major source and of earnings by industry. The annual revision of the State estimates of personal income incorporates results from the annual revision of the national income and product accounts (NIPA'S) that was published in the July 1994 SURVEY OF CURRENT BUSINESS/ Specifically, the annual NIPA revision provided revised national "control totals" for the estimates of State personal income and of its components. The annual revision of State personal income also incorporates State-level source data that are more current, more detailed, and otherwise more pertinent than the data used previously. The State-level revisions affect the distribution of the national control totals to the States. For wages and salaries, other labor income, and personal contributions for social insurance, the revised 1993 estimates reflect more pertinent data for the fourth quarter and more detailed estimating methods. For farm proprietors' income, the revised 1993 estimates reflect newly available estimates of farm income for 1993 from the U.S. Department of Agriculture. For nonfarm proprietors' income, the 1991-93 estimates are now partly based on newly available data for 1991 on the number of small establishments by industry from the Census Bureau's County Business Patterns. For dividends, interest, and rent, the 1992-93 estimates are now mainly based on newly available Internal Revenue Service tabulations of individual income tax returns for 1992. For transfer payments, the 1993 estimates are now mainly based on newly available data for 1993 on the benefits provided to individuals under Federal and State programs; the data i. "Annual Revision of the U.S. National Income and Product Accounts," SURVEY 74 (July 1994): 7-48. Acknowledgments The revised estimates of State personal income were prepared by the Regional Economic Measurement Division under the direction of Linnea Hazen, Chief. The preparation of the estimates was a divisionwide effort. Estimates of nonfarm labor earnings (wages and salaries and other labor income) were prepared by the Regional Wage Branch under the supervision of Sharon C. Carnevale, Chief. Major responsibilities were assigned to Elizabeth P. Cologer, Lisa C. Ninomiya, Michael G. Pilot, John A. Rusinko, and James M. Scott. Contributing staff members were E. Frances Bake, Christopher T. Berry, Susan P. Den Herder, Elizabeth A. Freeman, Lela S. Lester, Russell C. Lusher, Richard A. Lutyk, Paul K. Medzerian, Michael Phillips, Adrienne T. Pilot, William E. Reid, Jr., Dolores A, Rynn, Victor A, Sahadachny, Eugene L. Souder, and Jaime Zenzano. Estimates of farm earnings (wages and salaries, other labor income, and proprietors' income) and the residence adjustments were prepared by the Quarterly Income Branch under the supervision of Robert L. Brown, Assistant Division Chief. Major responsibilities were assigned to James M. ZavreL Contributing staff members were Elaine M. Briccetti, Daniel R. Corrin, Richard H. Grayson, Michael S. Wagner, and Daniel Zabronsky. Estimates of nonfarm proprietors' income, dividends, interest, rent, transfer payments, and personal contributions for social insurance were prepared by the Proprietors' Income Branch. Major responsibilities were assigned to Charles A. Jolley. Contributing staff members were Sean P. Collier, Catherine A. Cumberland, Toan A. Ly, Ellen M. Wright, and Marianne A. Ziver. The assembly of public use tabulations and data files and the preparation of the text and tables for this article were performed by the Regional Economic Information System Branch. Major responsibilities were assigned to Kathy A. Albetski, Wallace K. Bailey, and Gary V, Kennedy. Contributing staff members were H. Steven Dolan, Jeffrey L. Newman, Michael J. Paris, Albert Silverman, Callan S. Swenson, Hilda G. Tolson, Monique B. Tyes, and Mary C. Williams. SURVEY OF CURRENT BUSINESS are from the agencies that administer the benefit programs. Table A presents, for 1991-93, the previously published and revised annual estimates of State personal income and the amounts of the August 1994 revisions.2 Although the revisions to the national estimates for all 3 years were relatively small, the 2. The annual estimates of State personal income for 1991-93 were previously published in the April 1994 SURVEY. Table A.—Revisions in Total Personal Income for States and Regions, 1991-93 [Millions of dollars] United States New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania Great Lakes Illinois Indiana Michioan Ohio Wisconsin Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina .. South Carolina Tennessee Virginia West Virginia Southwest Arizona New Mexico Oklahoma . . . Texas Rocky Mountain Colorado Idaho Montana Utah Wvomino Far West Alaska California Hawaii Nevada Oregon Washington . . 1991 1992 1993 1991 Percent revision Revision Revised Previously published State and region 1992 1993 4,831,697 5,128,373 5,368,962 4,840,768 5,135,062 5,359,589 308,308 319,387 294,889 308,867 321,025 295,985 91,625 89,043 85,038 92,124 89,029 84,581 23,271 22,460 21,421 22,456 21,378 23,420 141,578 136,673 141,884 147,148 147,679 136,210 24,457 24,947 24,229 23,231 23,218 25,498 21,204 20,304 19,411 20,256 19,523 21,096 10,112 10,737 11,193 10,742 11,207 10,077 976,538 1,033,068 1,069,249 979,399 1,033,548 1,068,536 15,042 15,220 14,579 13,831 14,318 13,748 17,259 16,569 15,506 16,333 15,491 17,028 109,347 114,414 118,759 114,075 119,375 109,400 192,341 204,091 210,622 212,478 204,038 191,559 436,354 448,076 413,726 437,119 450,754 412,663 234,648 247,115 255,921 257,248 233,676 247,611 795,386 846,445 885,877 795,567 846,619 885,296 237,658 252,938 263,591 237,427 252,858 264,152 109,465 104,022 109,701 103,922 96,851 96,720 175,244 185,665 194,687 184,765 . . 193,849 175,001 196,927 218,371 217,693 208,560 209,851 197,425 95,434 95,049 88,812 99,860 99,805 88,888 354,972 322,012 343,309 343,429 354,656 322,043 47,714 51,564 51,541 50,953 51,225 47,695 48,341 50,295 45,476 50,967 48,764 45,553 91,654 94,942 85,368 95,152 85,314 91,611 98,441 93,358 101,867 93,442 102,369 98,470 31,754 30,775 28,700 31,703 28,720 30,368 10,872 9,877 11,104 10,859 10,809 9,891 12,860 11,520 11,427 12,286 12,638 12,183 1,028,748 1,095,327 1,161,410 1,028,204 1,092,607 1,155,025 68,254 72,154 71,620 63,863 63,808 68,358 37,312 38,776 37,434 34,341 34,276 39,138 283,297 265,418 254,585 265,764 285,300 254,880 117,094 132,832 125,116 116,891 133,345 125,642 64,237 65,064 57,520 61,698 57,365 62,043 63,944 71,252 71,593 68,167 64,083 67,831 .... 36,744 39,362 38,869 34,243 36,827 34,265 122,117 113,392 121,880 129,790 113,445 129,889 61,236 58,262 55,077 61,645 55,130 58,410 88,553 93,894 81,659 93,993 88,816 81,831 133,452 139,831 140,421 133,534 126,206 126,229 29,392 28,086 26,385 29,503 28,215 26,440 437,573 469,786 493,669 437,913 470,588 497,775 71,317 71,326 66,687 62,543 67,001 62,779 26,402 24,550 24,452 26,343 22,872 22,930 52,807 55,047 49,593 54,998 52,630 49,531 302,627 326,016 302,612 326,230 346,002 345,009 130,157 139,385 149,761 139,555 150,108 129,865 71,292 76,581 76,895 66,536 71,600 66,519 16,452 17,775 19,395 17,746 19,279 16,368 14,617 13,469 12,753 13,344 14,541 12,623 28,078 26,038 28,206 30,089 30,010 26,076 8,770 8,378 9,275 9,188 8,659 8,278 846,656 891,897 927,652 851,530 900,699 929,154 13,074 12,280 12,970 13,785 13,688 12,226 634,896 667,318 683,002 659,567 681,061 630,901 25,912 25,657 24,539 27,361 27,389 24,488 29,210 31,593 26,755 31,569 26,582 28,931 58,962 55,615 51,919 55,286 58,948 51,701 114,422 109,570 101,140 109,485 115,025 100,758 1991 9,071 1,096 457 43 463 13 112 35 2,861 83 15 -53 782 1,063 972 181 231 131 243 -498 76 -51 19 -77 54 -84 -20 -14 93 -544 -55 -65 295 -203 -155 -139 -22 53 -53 -172 23 -55 340 236 58 62 -15 292 17 84 130 -38 100 4,874 54 3,995 51 173 218 382 1992 1991 1993 6,689 -559 14 4 -306 -228 -48 5 480 261 236 -339 53 765 -496 174 80 100 900 -1,291 385 -120 -272 -423 43 -29 407 50 103 -2,720 -104 -122 -346 -526 -345 -336 -83 -237 -148 -263 -82 -129 S02 314 98 177 214 -170 -308 29 125 -128 111 8,802 104 7,751 255 279 329 85 -9,373 -1,638 -499 -149 -531 -551 108 -14 -713 178 231 -616 -1,856 2,678 -1,327 -581 -561 -236 838 -678 55 -316 23 -672 210 502 51 -232 222 -6,385 -534 -362 1992 0.2 .4 .5 .2 .3 •j .6 .3 .3 .6 .1 0 .4 .3 .4 0 .1 .1 .1 -.3 .1 0 0 -.2 .1 -.1 -.1 -.1 .8 -.1 -.1 —2 -2,003 !i -513 -827 -341 -493 -.2 -.3 -.2 -.1 0 -.1 -.2 0 -.2 ,1 .4 .3 .1 0 .2 0 .5 1.0 -.1 1.2 .6 .4 .6 .2 .7 .4 .4 -99 -409 -99 -590 111 -894 -9 59 49 -993 -347 -314 -116 76 -79 87 1,502 97 1,941 28 24 14 -603 0.1 -.2 0 0 -.2 9 -.2 0 0 i.8 1.4 -.3 0 .2 -.2 0 0 .1 .5 -.6 .4 0 -.5 -.9 0 0 1.3 .5 .8 -.2 —2 -!3 -.1 -.4 -.6 -.5 -.2 -.2 -.3 -.3 -.1 -.5 .2 .5 .4 .3 .1 1993 -0.2 -.5 -A -.4 -2.2 .5 -.1 -.1 1.2 1.4 -.5 -.9 .6 -.5 -.1 -.2 -.2 .4 -.3 .1 -.1 0 -1.3 -.2 .5 .2 -2.1 1.8 -.5 —7 -!9 -.7 -.4 -1.3 -.5 -1.3 1.0 .8 1.2 1.0 1.0 .6 .1 -.1 -.7 -.1 -.4 -.4 -.2 0 .2 .1 —3 -.2 -A -.6 .5 -.3 .9 .2 .7 .3 .1 .1 0 -.5 -.2 0 0 0 -.1 -.3 0 .2 1.0 -.5 -.1 -.1 -.1 4 -.7 -.3 -1 .2 -,1 -.4 .2 .9 -.5 1.3 Census Divisions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain , Pacific 294,889 837,899 795,386 322,043 831,486 237,478 450,582 241,862 820,073 308,867 888,003 846,445 343,429 878,746 256,045 484,247 259,625 862,965 321,025 917,803 885,877 354,972 931,550 270,574 511,732 279,346 896,084 295,985 840,715 795,567 322,012 831,593 237,075 450,425 242,621 824,774 308,308 888,325 846,619 343,309 877,438 255,248 484,180 260,146 871,489 319,387 917,298 885,296 354,656 927,616 268,620 510,083 279,073 897,561 1,096 2,816 181 -31 107 -403 -157 759 4,701 -559 322 174 -120 -1,308 -797 -67 521 8,524 -1,638 -505 -581 -316 -3,934 -1,954 -1,649 -273 1,477 .4 .3 0 0 0 -.2 0 .3 .6 • SURVEY OF CURRENT BUSINESS 66 • August 1994 revisions to the estimates for several regions and States were substantial. Definition of total and disposable personal income Personal income in the Far West region was revised up substantially for 1991-92, mainly reflecting revisions to nonfarm proprietors' income and property income (dividends, interest, and rent). Personal income in every State in the region was revised up. The personal income of a State is defined as the income received by, or on behalf of, all the residents of the State. It consists of the income received by persons from all sources— that is, from participation in production, from both government and business transfer payments, and from government interest (which is treated like a transfer payment). "Persons" consists of individuals, nonprofit institutions that primarily serve individuals, private noninsured welfare funds, and private trust funds. Personal income is calculated as the sum of wage and salary disbursements, other labor income, proprietors' income, rental income of persons, personal dividend income, personal interest income, and transfer payments to persons, less personal contributions for social insurance. State per capita personal income is calculated as the personal income of the residents of a State divided by the midyear resident population of the State. Disposable personal income is the income available to persons for spending or saving; it is calculated as personal income less personal tax and nontax payments. Personal tax and nontax payments consists of tax payments that are not chargeable to business expense and of certain other payments to government agencies (except government enterprises) that are treated like taxes. Personal taxes includes taxes on income, including realized net capital gains, taxes on transfers of estates and gifts, and taxes on personal property. Personal nontaxes includes Personal income in the New England region and in the Southeast region was revised down substantially for 1993, mainly reflecting revisions to property income. In the New England region, personal income was revised down in every State except Rhode Island; in New Hampshire, the revisions were particularly large, reflecting downward revisions to farm and nonfarm proprietors' income and to transfer payments as well as to property income. In the Southeast, personal income was revised down in every State. In Delaware, Montana, South Dakota, and Wyoming, personal income was revised up substantially for all 3 years. These revisions partly reflected upward revisions to nonfarm proprietors' income. In addition, the upward revisions to personal income reflected upward revisions to the following components: In Delaware, property income for all 3 years and transfer payments for 1993; in Montana, property income for 1992; and in South Dakota, farm proprietors' income for 1993. In North Dakota, personal income was revised down sharply for 1993. The large downward revision mainly reflected revisions to farm proprietors' income and property income. Release Schedule for the Annual Estimates of State and Local Area Personal Income The annual estimates of total and per capita personal income and of total and per capita disposable personal income for States for a given year are prepared in two steps. First, in April, preliminary estimates for the preceding year that are derived from the quarterly estimates for that year are prepared. Second, in August, the preliminary estimates are superseded by estimates that are more detailed and more reliable because they are derived from source data that are more current, more detailed, and otherwise more pertinent than the data that were used to prepare the quarterly estimates and the preliminary annual estimates. The following April, the annual estimates for the year are revised in order to incorporate any newly available data that are used to prepare the county estimates of personal income for that year. The annual estimates for a year are routinely revised again for 2 more years. The State estimates are re vised in August and \in April, and the county estimates are revised in April; each revision incorporates newly available source data. These routine revisions are completed 3 years after the preliminary State estimates were prepared and 2 years after the county estimates were prepared. In addition, the State and county estimates may be revised again either to incorporate a comprehensive revision to the national income and product accounts or to incorporate State- or county-level source data that are available less frequently than biennially. For example, in April 1994, the estimates for 1981-92 were revised to incorporate journey-to-work data from the 1990 Census of Population, selected data on production expenses from the 1987 Census of Agriculture, and data on the income of sole proprietorships and partnerships for 1987-89 from the Internal Revenue Service. SURVEY OF CURRENT BUSINESS donations and fees, fines, and forfeitures. State per capita disposable personal income is calculated m the disposable personal income of the residents of a State divided by the midyear resident population of the State. These definitions are essentially the same as those underlying the personal income estimates in the NIPA'S. However, the State estimates of personal income exclude the labor earnings (that is, wages and salaries and other labor income less personal contributions for social insurance by employees) of U.S. residents who are temporarily working and living abroad (mainly Federal civil- ian and military personnel), whereas the NIPA estimates include these labor earnings. In addition, the national totals of the components of the State estimates of personal income may differ from the corresponding estimates in the NIPA personal income series because of different data sources and revision schedules. For example, the national totals of the State estimates incorporate updated tabulations of wages and salaries of employees covered by unemployment insurance that became available after the NIPA estimates were prepared. Tables i through 3 follow. H Data Availability The State personal income estimates presented here, as well as more detailed tabulations and estimates, are available on magnetic tape, printouts, and diskettes. Tables of total and per capita personal income are available for 1929-93, and tables of total and per capita disposable personal income are available for 1948-93. Detailed estimates of personal income by major source and of earnings by industry are available for 1929-93. Tables for 1958-93 present labor and proprietors* earnings at the Standard Industrial Classification (sic) two-digit level (for example, food stores) based on the 1967 sic for 1958-74, on the 1972 sic for 1975-87, and on the 1987 sic for 1988-93. Tables for 1929-57 present earnings at the sic division level (for example, total retail trade) based on the 1967 sic. Supplemental tables are available for wages and salaries by sic two-digit industry for 1958-93 and by division level for 1929-57, employment (either including or excluding self-employment) by sic two-digit industry for 1969-93, transfer payments by major program for 194893, farm income and expenses (including broad categories of gross receipts arid expenses of all farms and four different measures of net farm income) for 1969-93, and personal tax and nontax payments by level of government and by type for 1948-93. A magnetic tape containing a complete set of the State annual estimates costs $100. Printouts are priced by the number of pages, and diskettes by the number of diskettes; thus, the cost of an order depends on the number of series, areas, and years of data ordered. There is a minimum charge of $10.00 per order. The State estimates of personal income and employment for 1969-90—in somewhat less detail than that described above—are also available on the Regional Economic Information System CD-ROM for $35. However, the State estimates for 1991-92 on this CD-ROM have been superseded by the revised estimates presented in this article. (The CD-ROM is updated annually; the latest update was released in May 1994.) The CD-ROM also contains the entire set of estimates of personal income and employment for counties and metropolitan areas for 1969-92. For further information or to place an order, call (202) 606-5360 or write to Regional Economic Information System, BE-55, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. August 1994 • 67 68 • August 1994 SURVEY OF CURRENT BUSINESS Table 1.-Total and Per Capita Personal Income by State and Region, 1988-93 Per capita2 Total 1988 United States1 Average annual growth (percent) Millions of dollars State and region 1989 1990 1991r 1992r 1993 r 1992-93 1988 1989 1990 1991' 1992r 1993r 1988 1993 Rank in U.S. 1993 5.70 4.37 16,610 17,690 18,667 19,199 20,131 20,781 100 100 New England Connecticut Maine .. Massachusetts New Hampshire Rhode Island Vermont 265,334 75,790 18,486 124,327 20,888 17,261 8,581 281,095 80,601 20,089 130,466 22,065 18,454 9,421 289,961 83,633 20,981 133,890 22,491 19,121 9,846 295,985 85,038 21,421 136,673 23,218 19,523 10,112 319,387 91,625 23,271 147,148 24,947 21,204 11,193 3.78 3.87 4.71 3.43 3.62 4.20 5.46 3.59 2.90 3.61 3.93 2.96 4.68 4.20 20,276 23,160 15,354 20,787 19,292 17,321 15,607 21,325 24,548 16,467 21,688 19,977 18,441 16,891 21,935 25,426 17,041 22,248 20231 19,035 17,444 22,421 25,844 17,330 22,796 20,961 19,451 17,811 23,364 27,154 18,167 23,625 21,729 20,229 18,801 24,141 27,957 18,775 24,475 22,169 21,203 19,442 122 139 92 125 116 104 94 116 135 90 118 107 102 94 Mideast ... Delaware District of Columbia Maryland New Jersey New York Pennsylvania 834,323 11,371 13,420 91,790 167,602 353,658 196,483 894,080 12,420 14,227 99,769 178,582 377,342 211,739 947,684 13,193 14,878 105,985 187,167 401,833 224,628 979,399 1,033,548 1,068,536 13,831 14,579 15,220 15,506 16,569 17,259 109,347 114,075 118,759 192,341 204,091 210,622 413,726 437,119 450,754 234,648 255,921 247,115 5.07 6.01 5.16 5.29 4.68 4.97 5.43 3.39 4.40 4.16 4.11 3.20 3.12 3.56 19,206 17,555 21,284 19,703 21,729 19,709 16,584 20,513 18,867 22,794 21,105 23,114 20,983 17,844 21,682 19,719 24,643 22,088 24,182 22,322 18,884 22,306 20,317 26,094 22,483 24,744 22,925 19,638 23,427 21,102 28,313 23,199 26,098 24,138 20,601 24,083 21,735 29,836 23,920 26,732 24,771 21,241 116 106 128 119 131 119 100 116 105 '""l3 144 5 115 129 2 119 3 102 16 Great Lakes Illinois .. Indiana Michigan Ohio .... Wisconsin 680,125 201,919 81,901 152,142 169,902 74,260 728,259 217,594 88,227 162,359 180,248 79,831 769,910 230,790 93,415 169,808 190,608 85,288 795,567 237,658 96,851 175,244 196,927 88,888 846,619 252,938 104,022 185,665 208,560 95,434 885,296 263,591 109,465 194,687 217,693 99,860 5.41 5.48 5.97 5.06 5.08 6.10 4.57 4.21 5.23 4.86 4.38 4.64 16,299 17,725 14,911 16,502 15,732 15,397 17,392 19,071 15,972 17,546 16,644 16,438 18,297 20,159 16,815 18,239 17,547 17,399 18,767 20,622 17,275 18,693 18,001 17,970 19,818 21,781 18,384 19,681 18,923 19,115 20,580 22,534 19,161 20,542 19,627 19,822 98 107 90 99 95 93 99 108 92 99 94 95 Plains Iowa .... Kansas Minnesota Missouri Nebraska North Dakota South Dakota 269,192 39,681 38,778 70,914 79,134 23,908 7,816 8,962 289,663 43,352 40,553 77,405 84,348 25,276 8,877 9,851 309,893 46,375 43,763 82,388 89,245 27,470 9,765 10,888 322,012 47,714 45,476 85,368 93,358 28,700 9,877 11,520 343,309 50,953 48,341 91,654 98,441 30,775 10,859 12,286 354,656 51,564 50,295 94,942 102,369 31,754 10,872 12,860 5.67 5.38 5.34 6.01 5.28 5.84 6.82 7.49 3.31 1.20 4.04 3.59 3.99 3.18 15,351 14,332 15,748 16,504 15,570 15,211 11,925 12,835 16,462 15,647 16,399 17,843 16,552 16,050 13,735 14,139 17,519 16,683 17,639 18,784 17,407 17,379 15,320 15,628 18,103 17,102 18,259 19,289 18,105 18,047 15,594 16,419 19,158 18,178 19,219 20,513 18,965 19,228 17,127 17,344 19,645 18,324 19,874 21,017 19,559 19,757 17,123 17,977 92 86 95 99 94 92 72 77 95 88 ""35 21 96 101 18 94 26 23 95 82 40 87 37 Southeast Alabama Arkansas Florida . Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia 849,116 52,521 28,793 205,127 97,819 46,930 53,911 28,854 93,560 45,018 68,379 106,011 22,193 916,226 56,291 30,702 228,024 104,184 50,586 56,369 30,672 100,010 47,995 73,177 114,864 23,352 981,283 1,028,204 1,092,607 1,155,025 60,332 68,254 63,808 71,620 32,450 37,312 34,276 38,776 244,604 254,880 265,418 283,297 111,406 116,891 125,116 132,832 54,454 61,698 64,237 57,365 63,944 71,252 60,228 67,831 36,744 32,398 34,243 38,869 108,339 113,445 121,880 129,790 52,855 55,077 58,262 61,236 77,786 81,659 88,553 93,894 121,397 133,452 126,229 139,831 25,034 28,086 29,392 26,385 6.35 6.40 6.13 6.67 6.31 6.48 5.74 6.14 6.77 6.35 6.55 5.69 5.78 5.71 4.93 3.92 6.17 4.12 5.04 5.78 6.49 5.10 6.03 4.78 4.65 14,607 13,051 12,289 16,666 15,485 12,751 12,568 11,181 14,435 13,192 14,177 17,558 12,124 15,600 13,967 13,085 18,043 16,250 13,756 13,254 11,915 15,233 13,884 15,074 18,768 12,926 16,501 14,899 13,779 18,785 17,121 14,751 14,279 12,578 16,284 15,101 15,903 19,543 13,964 17,062 15,601 14,458 19,203 17,636 15,442 15,067 13,210 16,810 15,469 16,489 20,074 14,665 17,881 16,496 15,584 19,686 18,472 16,436 15,852 14,050 17,828 16,171 17,622 20,870 15,527 18,650 17,106 15,994 20,710 19,203 16,954 16,588 14,708 18,688 16,810 18,415 21,544 16,148 88 79 74 100 93 77 76 67 87 79 85 106 73 90 ........ 82 77 49 19 100 92 29 82 43 45 80 71 50 90 33 44 81 34 89 104 14 47 78 Southwest Arizona New Mexico Oklahoma Texas 360,245 53,251 18,713 42,158 246,122 385,260 56,646 20,134 44,694 263,785 414,512 59,833 21,602 47,580 285,497 437,913 62,779 22,930 49,593 302,612 470,588 67,001 24,550 52,807 326,230 497,775 71,317 26,402 55,047 345,009 6.68 6.02 7.13 5.48 6.99 5.78 6.44 7.54 4.24 5.76 14,489 15,061 12,554 13,310 14,765 15,359 15,639 13,388 14,187 15,695 16,323 16,262 14,213 15,117 16,747 16,965 16,760 14,818 15,656 17,440 17,892 17,483 15,520 16,475 18,449 18,563 18,119 16,333 17,035 19,134 87 91 76 80 89 89 87 ""36 79 46 42 82 92 31 104,451 53,966 12,668 10,269 20,915 6,633 113,279 58,202 14,241 11,317 22,520 6,999 121,418 62,163 15,482 11,790 24,320 7,664 130,157 66,536 16,452 12,753 26,038 8,378 139,385 71,292 17,775 13,469 28,078 8,770 149,761 76,581 19,279 14,617 30,010 9,275 7.47 7.25 8.76 7.32 7.49 6.93 7.44 7.42 8.46 8.52 6.88 5.76 14,500 16,540 12,850 12,832 12,379 14,260 15,659 17,767 14,321 14,152 13,201 15,270 16,639 18,818 15,304 14,743 14,063 16,905 17,495 19,745 15,854 15,793 14,737 18,295 18,271 20,577 16,676 16,379 15,503 18,871 19,116 21,475 17,540 17,413 16,138 19,724 87 100 77 77 75 86 92 103 84 84 78 95 699,019 9,720 532,444 18,924 19,253 41,327 77,352 758,274 10,741 573,255 20,957 22,031 45,452 85,838 820,759 11,550 617,679 23,266 24,682 49,161 94,420 851,530 12,280 634,896 24,539 26,755 51,919 101,140 900,699 13,074 667,318 25,912 29,210 55,615 109,570 929,154 13,785 683,002 27,389 31,593 58,962 114,422 5.86 7.24 5.11 7.68 3.16 5.44 2.35 5.70 8.16 6.02 4.43 18,134 17,931 18,703 17,522 17,907 15,074 16,669 19,180 19,631 19,620 19,146 19,370 16,287 18,085 20,242 20,887 20,656 20,905 20,248 17,201 19,268 20,601 21,592 20,880 21,621 20,774 17,789 20,163 21,400 22,244 21,599 22,420 21,857 18,716 21,306 21,782 23,008 21,884 23,378 22,747 19,447 21,773 109 108 113 105 108 91 100 105 111 105 112 109 94 105 20,276 19,137 16,299 15,351 16,215 13,018 14,016 14,706 18,140 21,325 20,430 17,392 16,462 17,319 13,922 14,895 15,713 19,175 21,935 21,618 18,297 17,519 18,230 14,793 15,905 16,590 20,242 22,421 22,260 18,767 18,103 18,714 15,445 16,600 17,304 20,596 23,364 23,423 19,818 19,158 19,459 16,434 17,568 18,092 21,385 24,141 24,061 20,580 19,645 20,281 17,091 18,228 18,887 21,749 122 115 98 92 98 78 84 89 109 116 116 99 "'.""'. 95 98 82 88 91 105 Rocky Mountain Colorado Idaho . Montana Utah Wyoming 4,061,806 4,366,135 4,655,420 4,840,768 5,135,062 5,359,589 1988-93 Percent of national average Dollars .. Far West Alaska California Hawaii Nevada Oregon Washington 308,308 89,043 22,460 141,578 24,229 20,256 10,742 10.41 7.37 8.15 .12 4.67 674 'i 32 4 10 17 28 9 30 20 25 22 '""is 38 39 48 24 7 11 6 8 27 12 Census Divisions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific r 265,334 717,743 680,125 269,192 686,308 196,685 370,985 195,669 679,766 281,095 767,664 728,259 289,663 744,846 210,725 395,550 212,091 736,242 289,961 813,628 769,910 309,893 797,691 224,970 425,755 227,536 796,077 295,985 840,715 795,567 322,012 831,593 237,075 450,425 242,621 824,774 308,308 888,325 846,619 343,309 877,438 255,248 484,180 260,146 871,489 Revised. 1. The personal income level shown for the United States is derived as the sum of the State estimates; it differs from the national income and product accounts (NIPA) estimate of personal income because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad tem- 319,387 3.78 917,298 5.03 5.41 885,296 5.67 354,656 ./6.21 927,616 268,620 ^ 6.43 510,083 6.58 279,073 7.36 897,561 5.72 3.59 3.26 4.57 3.31 5.72 5.24 5.35 7.28 2.99 porarily by private U.S. firms. It can also differ from the NIPA estimate because of different data sources and revision schedules. « 2. Per capita personal income was computed using midyear population estimates of the Bureau of the Census. Estimates for 1990-93 reflect State population estimates available as of February 1994. SURVEY OF CURRENT BUSINESS 69 August 1994 Table 2.—Total and Per Capita Disposable Personal Income by State and Region, 1988-93 Per capita1 Total Average annual growth (percent) Millions minions nf oi rlnllarc Qoiiars State and region Percent of national Dollars average 1988 1989 1990 1991 ' 1992r 1993r 1988-93 1992-93 1988 1989 1990 1991 r Rank in US 1992' 1993' 3,535,222 3,774,071 4,033,622 4,217,960 4,487,681 4,674,270 5.75 4.16 14,457 15,291 16,173 16,729 17,593 18,124 100 100 New England Connecticut Maine .... Massachusetts New Hampshire Rhode Island Vermont 228,223 64,491 16,254 106,361 18,643 14,952 7,521 241,080 68,494 17,678 111,294 19,659 15,751 8,204 248,890 71,062 18,546 113,899 20,144 16,645 8,594 255,133 72,712 19,152 116,516 20,816 17,053 8,883 264,566 74,925 20,138 120,543 21,638 17,854 9,469 273,474 76,974 20,792 125,020 22,192 18,659 9,837 3.68 3.60 5.05 3.29 3.55 4.53 5.52 3.37 2.74 3.25 3.71 2.56 4.51 3.89 17,440 19,707 13,500 17,784 17,219 15,004 13,678 18,289 20,860 14,490 18,501 17,799 15,741 14,711 18,828 21,604 15,064 18,926 18,120 16,570 15,225- 19,327 22,098 15,494 19,434 18,793 16,990 15,646 20,049 22,849 16,289 20,115 19,404 17,830 16,573 20,671 23,487 16,775 20,794 19,721 18,658 17,088 121 136 93 123 119 104 95 114 130 93 115 109 103 94 Mideast Delaware District of Columbia Maryland New Jersey New York Pennsylvania 709,892 9,460 11,268 78,078 143,517 296,749 170,819 756,872 10,298 11,906 83,823 153,535 313,206 184,104 806,967 11,069 12,263 89,726 161,396 337,229 195,284 838999 1l!808 12,901 92,583 165,919 350,646 205,142 887,324 12,432 13,839 97,797 175,464 372,358 215,433 916,914 13,000 14,376 101,894 180,645 383,885 223,115 5.25 6.56 4.99 5.47 4.71 5.28 5.49 3.33 4.57 3.88 4.19 2.95 3.10 3.57 16,341 14,605 17,871 16,760 18,606 16,538 14,418 17,365 15,643 19,075 17,732 19,872 17,417 15,515 18,463 16,545 20,312 18,700 20,852 18,733 16,417 19,108 17,344 21,710 19,036 21,345 19,430 17,169 20,112 17,995 23,648 19,888 22,437 20,562 17,960 20,666 18,564 24,852 20,523 22,927 21,096 18,518 113 101 124 116 129 114 100 114 102 ""l5 . 137 113 5 2 127 3 116 102 16 Great Lakes Illinois .... Indiana .. Michigan Ohio Wisconsin 593,024 175,009 71,966 132,438 148,972 64,639 629,888 187,719 76,887 139,905 156,510 68,866 667,483 199,341 81,308 147,448 165,624 73,762 692,204 206,302 84,673 152,646 171,665 76,918 740,747 220,298 91,550 163,214 182,712 82,974 772,422 229,144 96,048 170,814 189,870 86,545 5.43 5.54 5.94 5.22 4.97 4.28 6.01 4.02 4.91 4.66 3.92 4.30 14,212 15,363 13,102 14,365 13,794 13,402 15,043 16,452 13,919 15,119 14,453 14,180 15,863 17,412 14,636 15,837 15,247 15,047 16,329 17,901 15,103 16,282 15,692 15,550 17,340 18,970 16,180 17,301 16,578 16,619 17,956 19,589 16,813 18,023 17,119 17,179 98 106 91 99 95 93 99 ........ 108 93 30 99 19 94 26 95 25 Plains Iowa Kansas .. Minnesota Missouri . Nebraska North Dakota South Dakota 235,716 34,826 33,990 60,875 69,564 21,281 6,995 8,185 251,241 37,583 34,920 66,033 73,393 22,487 7,884 8,941 269,410 40,351 37,855 70,134 78,166 24,247 8,819 9,837 280,733 41,362 39,757 72,737 82,165 25,372 8,873 10,467 300,259 44,254 42,334 78,008 87,204 27,436 9,828 11,196 308,656 44,423 43,870 80,315 90,458 28,190 9,740 11,662 5.54 4.99 5.24 5.70 5.39 5.78 6.85 7.34 3.63 2.96 3.73 2.75 -.90 4.16 13,442 12,578 13,804 14,168 13,687 13,540 tO,672 11,721 14,279 13,565 14,121 15,222 14,403 14,278 12,198 12,834 15,231 14,516 15,258 15,990 15,246 15,340 13,837 14,120 15,782 14,826 15,963 16,435 15,934 15,954 14,010 14,918 16,755 15,789 16,830 17,459 16,800 17,142 15,500 15,804 17,097 15,786 17,335 17,779 17,283 17,540 15,340 16,301 93 87 95 98 95 94 74 81 94 87 ""37 96 23 98 20 24 95 22 97 85 39 35 90 Southeast .. Alabama Arkansas Florida ... Georgia . Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia ... West Virginia 749,616 46,931 25,717 179,594 85,735 41,327 48,852 26,475 81,858 40,040 61,866 91,031 20,190 804,746 49,870 27,362 200,008 90,561 44,215 50,815 27,902 87,117 42,084 65,749 98,168 20,895 864,179 53,564 28,816 215,305 96,897 47,621 53,686 29,597 94,761 46,645 70,020 104,895 22,372^ 909,461 56,632 30,533 226,288 102,494 50,143 57,030 31,366 99,382 48,885 73,613 109,451 23,645 966,958 61,047 33,293 234,786 110,088 53,974 60,793 33,611 106,588 51,963 79,462 115,977 25,377 1,019,331 63,906 34,520 249,938 116,311 55,988 63,757 35,359 113,253 54,432 84,061 121,333 26,472 6.34 6.37 6.07 12,896 11,662 10,976 14,591 13,572 11,229 11,389 10,259 12,629 11,733 12,827 15,077 11,030 13,702 12,374 11,662 15,826 14,126 12,024 11,948 10,839 13,269 12,174 13,544 16,040 11,566 14,532 13,227 12,236 16,535 14,891 12,901 12,728 11,491 14,243 13,327 14,315 16,886 12,479 15,092 13,846 12,879 17,049 15,464 13,498 13,438 12,100 14,726 13,730 14,864 17,406 13,142 15,825 14,754 13,905 17,414 16,253 14,378 14,208 12,852 15,591 14,423 15,812 18,137 14,029 16,459 15,264 14,239 18,272 16,815 14,777 14,843 13,380 16,307 14,943 16,486 18,694 14,544 89 81 76 101 94 78 79 71 87 81 89 104 76 91 84 ""46 48 79 18 101 29 93 82 45 44 82 74 50 90 34 82 43 91 33 103 13 47 80 Southwest Arizona .. New Mexico Oklahoma Texas . 319,949 46,885 16,595 37,582 218,888 341,586 49,623 18,019 39,537 234,406 365,875 52,753 19,238 41,832 252,052 388,234 55,035 20,520 43,738 268,940 419,410 59,412 22,038 46,482 291,478 442,918 63,066 23,668 48,389 307,795 6.72 6.11 7.36 5.19 7.06 5.60 12,868 13,261 11,133 11,865 13,131 13,618 13,700 11,982 12,550 13,947 14,408 14,338 12,658 13,291 14,785 15,040 14,693 13,261 13,807 15,499 15,946 15,503 13,932 14,502 16,484 16,517 16,022 14,642 14,974 17,070 89 92 77 82 91 91 88 ""36 81 46 83 42 94 28 92,747 47,560 11,457 9,126 18,625 5,979 99,271 50,573 12,804 9,858 19,836 6,200 105,753 53,617 13,998 10,263 21,024 6,852 113,724 57,400 14,856 11,198 22,730 7,541 121,597 61,141 16,011 11,804 24,757 7,883 130,491 65,645 17,334 12,784 26,412 8,315 7.07 6.66 8.63 6.97 7.24 6.82 7.31 7.37 12,875 14,577 11,622 11,403 11,023 12,854 13,723 15,438 12,876 12,329 11,628 13,526 14,492 16,231 13,836 12,834 12,158 15,114 15,286 17,034 14,316 13,867 12,865 16,466 15,939 17,647 15,022 14,354 13,669 16,962 16,656 18,409 15,771 15,229 14,203 17,682 89 101 80 79 76 89 92 ........ 102 87 38 84 41 78 49 98 21 606,054 8,780 459,231 16,239 16,701 36,064 69,039 649,387 9,467 488,570 17,600 19,111 38,932 75,707 705,064 10,149 528,976 19,691 21,434 42,044 82,770 739,471 10,903 550,841 20,884 23,375 44,710 88,759 786,819 11,655 582,965 22,198 25,501 47,862 96,640 810,065 12,277 595,212 23,499 27,480 50,680 100,917 5.98 6.94 5.32 2.95 5.34 7.67 5.86 7.76 5.89 4.43 15,722 16,198 16,131 15,036 15,533 13,154 14,877 16,426 17,303 16,721 16,079 16,802 13,951 15,951 17,389 18,354 17,690 17,693 17,584 14,711 16,890 17,890 19,171 18,115 18,401 18,149 15,319 17,695 18,694 19,829 18,869 19,207 19,081 16,107 18,792 18,990 20,491 19,071 20,057 19,786 16,716 19,203 109 112 112 104 107 91 103 105 113 105 111 109 92 106 17,440 16,294 14,212 13,442 14,111 11 '688 12,506 12,997 15,728 18,289 17,321 15,043 14*279 14,994 12'403 13,259 13,782 16,415 18,828 18,437 15,863 15*231 15,859 13*204 14,061 14522 17*383 19,327 19^109 16,329 15*782 16,370 13795 14,750 15167 17*882 20,049 20* 125 17,340 16J55 17,051 14686 15,676 15894 18i681 20,671 20*660 17,956 17*097 17,731 15*226 16,241 16561 18*963 121 113 98 93 98 81 87 90 109 114 114 99 94 98 84 90 91 105 United States Rocky Mountain Colorado Idaho Montana . Utah Wyoming Far West ... Alaska .... California Hawaii .... Nevada .. Oregon .. Washington 6.83 6.29 6.26 5.47 5.96 6.71 6.33 6.32 5.92 5.57 10.47 7.04 7.89 2.80 .38 5.42 4.68 3.69 6.45 5.65 3.73 4.88 520 6.25 4.75 5.79 4.62 4.31 6.15 7.40 4.10 5.60 8.26 8.30 6.69 5.48 2.10 1988 1993 1993 1 31 4 9 14 27 6 12 7 8 32 11 Census Divisions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific r 228,223 61 1 ,085 593,024 235,716 597,254 176,599 331,039 172,928 589,353 241,080 650,845 629,888 251 ,241 644,859 187736 352,121 186,024 630,277 248 890 693,909 667,483 269,410 693,933 200302 376,386 199,179 683,630 255,133 721,707 692 204 280,733 727,437 211*754 400,241 212,654 716,097 264 566 763,255 740 747 300,259 768847 228*093 432,046 228,548 761,318 Revised. 1. Per capita disposable personal income was computed using midyear population estimates of the Bureau of the Census. Estimates for 1990-93 reflect State population estimates available as of February 1994. 273,474 787,645 772,422 308'656 811,008 239*315 454,461 244,705 782,584 3.68 5.21 5.43 5.54 6.31 6.27 6.54 7.19 5.84 3.37 3.20 4.28 2.80 5.48 4^92 5.19 7.07 2.79 ... ... SURVEY OF CURRENT BUSINESS JO • August 1994 Table 3.—Personal Income by Major Source and Earnings by Industry, 1991-93 [Millions of dollars] United States Connecticut New England Maine Massachusetts Item Line 1991 1992 1993 1991 1992 1993 1991 1992 1993 1991 1992 1993 1991 1992 1993 Income by Place of Residence 1 Total personal income (lines 6-11) 2 Nonfarm personal income Farm income (line 17)2 3 4 5 4,840,768 5,135,062 5,359,589 4,796,091 5,085,150 5,312,834 44,677 49,912 46,755 295,985 295,215 771 308,308 307,420 888 319,387 318,478 908 85,038 84,818 220 89,043 88,811 231 91,625 91,367 258 21,421 21,264 157 22,460 22,263 197 23,271 23,085 186 136,673 136,451 222 141,578 141,358 220 147,148 146,912 236 257,908 20,781 13,201 22,421 13,196 23,364 13,230 24,141 3,290 25,844 3,279 27,154 3,277 27,957 1,236 17,330 1,236 18,167 1,239 18,775 5,995 22,796 5,993 23,625 6,012 24,475 3,472,632 3,705,208 3,865,406 235,312 248,032 260,682 3,236,535 3,456,398 3,603,896 843,362 835,062 820,601 769,171 858,063 912,331 207,976 14,062 3,287 197,201 52,771 46,013 218,824 14,783 3,653 207,694 50,834 49,780 227,387 15,557 3,713 215,543 52,100 51,744 60,494 4,322 2,608 58,780 15,669 10,589 63,153 4,634 2,973 61,492 15,217 12,334 65,031 4,900 3,039 63,170 15,620 12,835 14,565 814 85 13,836 3,570 4,016 15,227 845 100 14,482 3,540 4,438 15,730 885 118 14,962 3,614 4,694 98,572 6,525 -1,990 90,057 23,953 22,664 103,991 6,776 -2,079 95,136 22,738 23,704 108,641 7,104 -2,159 99,378 23,293 24,476 2,801,916 2,964,451 3,072,264 298,784 328,433 354,994 412,324 371,932 438,148 37,968 33,858 32,400 339,532 374,356 404,290 . . . 169,535 18,400 20,041 479 19,562 177,176 19,762 21,886 604 21,282 182,691 21,284 23,411 597 22,814 49,327 5,442 5,725 142 5,583 51,170 5,796 6,187 155 6,033 52,251 6,180 6,600 174 6,426 11,305 1,353 1,907 94 1,813 11,736 1,441 2,050 136 1,914 12,002 1,551 2,177 119 2,058 81,440 8,585 8,547 142 8,404 85,241 9,247 9,503 142 9,361 88,431 10,006 10,205 151 10,054 49,912 44,677 46,755 3,427,955 3,655,296 3,818,651 3,046,712 3,187,253 2,850,331 22,370 23,133 24,568 21,502 20,201 19,165 2,932 3,066 3,205 34,942 34,364 35,151 7,107 7,721 7,776 20,127 19,657 20,833 2,971 2,965 2,978 4,246 4,123 3,953 197,592 185,297 186,229 771 207,205 179,298 1,202 872 330 151 7 9 13 122 9,638 908 888 217,936 226,478 196,570 189,196 1,225 1,175 958 895 267 280 181 166 7 12 11 9 11 13 146 139 10,077 9,369 220 60,274 52,815 264 253 11 55 258 64,773 56,777 296 285 11 72 12 7 7 47 2,860 157 14,408 11,663 180 78 102 197 15,030 12,213 161 80 81 6 186 15,544 12,754 166 82 84 0 (D) 9 2,838 231 62,922 55,245 270 260 10 63 6 6 6 45 2,757 R 8 220 103,771 90,934 515 377 139 54 0 2 2 50 3,895 236 108,406 94,868 523 403 120 57 0 3 2 52 4,340 Population (thousands) 3 .. . . Per capita personal income (dollars)4 252,137 19,199 255,078 20,131 Derivation of Total Personal Income 6 7 8 9 10 11 Earnings by place of work (line 12-16 or 17-85) Less* Personal contributions for sxial insurance5 Plus' Adjustment for residence6 Equate Net earnings by place of residence Plus' Dividends interest and rent7 Plus' Transfer payments -785 -778 -828 Earnings by Place of Work Components of Earnings: 12 Wages and salaries Other labor income 13 14 Proorietors' income8 Farm 15 Nonfarm8 16 . Earnings by Industry 17 18 19 20 21 22 23 24 25 26 27 28 Farm Nonfarm . . ... Private Agricultural services, forestry, fisheries, and other9 Agricultural services Forestry, fisheries, and other9 Mining Coal mining Oil and gas extraction Metal mining Nonmetallic minerals, except fuels Construction H 1 866 4 875 2 4 912 222 98,350 85,749 532 370 162 52 0 2 2 47 4,049 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 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 products 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 and computer equipment Electric equipment, except computer equipment Transportation equipment excluding motor vehicles Motor vehicles and equipment Stone, clay, and glass products ... Instruments and related products . Miscellaneous manufacturing industries 661,640 258,057 50,324 15,423 18,903 26,755 50,200 55,509 9,575 2,582 26,168 2,618 403,583 20,100 11,911 31,343 46,032 79,772 59,268 48,733 37,450 17,521 40,727 10,726 692,766 273,513 53,047 16,473 19,745 28,382 52,489 59,631 10,132 2,686 28,347 2,581 419,253 21,154 12,841 31,489 47,634 81,527 61,061 48,693 43,838 18,093 41,549 11,374 709,492 281,611 54,653 17,057 19,978 29,166 54,144 61,176 10,111 2,545 30,191 2,590 427,881 22,966 13,720 32,175 49,171 84,118 63,627 44,875 45,456 18,807 41,099 11,867 45,017 13,562 1,555 961 627 2,323 3,398 2,336 100 41 1,715 505 31,455 740 363 1,113 3,467 6,925 5,649 5,685 198 701 5,085 1,530 46,026 14,148 1,606 1,027 673 2,395 3,447 2,485 123 60 1,830 501 31,878 761 388 1,132 3,563 7,055 5,762 5,515 246 717 5,137 1,603 45,988 14,634 1,645 1,076 680 2,414 3,557 2,494 137 51 2,035 547 31,354 836 412 1,147 3,625 6,834 5,557 5,186 258 723 5,154 1,622 14,325 3,776 457 78 132 419 926 1,268 14 40 398 43 10,549 (D) (D) 414 1,301 1,858 1,391 3,655 105 157 1,220 283 14,452 3,881 445 74 145 430 927 1,327 17 60 418 37 10,571 78 89 408 1,333 1,808 1,472 3,533 115 137 1,298 300 14,280 3,977 434 77 140 431 955 1,349 21 50 449 70 10,303 82 89 403 1,354 1,810 1,396 3,291 127 140 1,308 302 3,021 1,618 161 121 49 806 145 33 11 0 88 204 1,403 305 (D) (D) 89 147 228 481 P) 39 34 16 3,097 1,686 164 128 54 837 148 43 14 0 90 209 1,411 306 29 23 92 142 229 492 18 37 26 17 3,165 1,728 171 136 52 841 152 47 15 0 98 215 1,438 336 31 23 96 144 232 474 20 40 23 18 19,772 5,870 666 454 373 766 1,788 839 69 0 749 164 13,902 110 127 384 1,584 3,660 2,942 1,216 33 314 3,000 533 20,201 6,147 707 506 394 795 1,800 903 86 0 801 156 14,054 112 142 377 1,598 3,790 2,942 1,184 55 344 2,959 552 20,178 6,383 738 518 391 805 1,858 891 95 0 929 156 13,796 124 151 371 1,619 3,627 2,813 1,125 53 342 2,983 587 53 54 55 56 57 58 59 Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric, gas, and sanitary services .. 232,514 12,232 54,233 6,888 51,421 59,331 48,409 245,388 12,940 56,894 6,797 54,670 62,136 51,951 257,360 13,699 60,076 6,812 57,235 65,513 54,025 10,599 239 2,195 224 2,201 3,029 2,712 11,017 247 2,186 213 2,370 3,130 2,871 11,523 273 2,280 203 2,514 3,225 3,027 3,098 34 641 67 720 872 763 3,100 (D) 562 70 767 45 261 (D) $ 783 3,290 (°) 579 69 (D) 940 857 200 795 43 266 (D) (D) 181 214 829 41 272 D (D ) ( ! 186 227 5,123 134 902 108 1,207 1,544 1,228 5,392 142 939 93 1,307 1,610 1,300 5,577 163 1,000 85 1,377 1,616 1,336 60 61 62 63 64 Wholesale trade Retail trade Finance, insurance, and real estate Depository and nondepository credit institutions Other finance, insurance, and real estate 223,032 335,476 241,230 78,589 162,641 236,590 352,433 281,230 85,794 195,436 240,724 368,207 296,538 90,571 205,967 13,246 20,203 17,848 4,789 13,059 13,946 20,888 20,148 5,114 15,034 14,039 21,598 21,169 5,262 15,907 3,987 5,467 6,930 1,467 5,463 4,135 .5,519 7,751 1,588 6,164 4,012 5,641 8,076 1,563 6,513 727 1,752 807 252 555 748 1,855 864 255 608 770 1,953 919 266 653 6,712 9,162 7,769 2,320 5,449 7,070 9,457 9,090 2,541 6,550 7,153 9,727 9,683 2,687 6,996 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 Services Hotels and other lodging places Personal services Private households Business services Auto repair, services, and parking .... Miscellaneous repair services Amusement and recreation services Motion pictures .. .. Health services Legal services Educational services ... Social services Museums, botanical, zoological gardens Membership organizations Engineering and management services Miscellaneous services 914,408 34,031 29,540 8,984 153,237 26,742 12,244 36,350 14,569 295,361 77,112 39,081 27,901 1,251 31,294 120,342 6,369 994,001 1,057,621 35,254 36,675 33,094 31,436 9,948 10,515 168,829 186,069 27,358 29,649 12,733 13,670 44,814 41,593 14,778 16,390 324,012 342,999 83,317 85,996 42,997 41,246 30,886 33,471 1,364 1,444 34,357 32,846 131,399 138,201 7,002 7,280 61,395 1,573 1,750 409 9,914 1,409 707 1,755 417 20,942 4,524 5,331 2,233 118 1,391 8,570 352 66,461 1,623 1,829 447 10,721 1,409 734 2,055 436 22,897 4,822 5,560 2,416 124 1,423 9,582 383 70,770 1,656 1,928 469 11,886 1,553 787 2,237 483 24,272 5,029 5,811 2,625 130 1,477 10,033 394 15,851 245 520 138 2,700 360 221 453 123 5,691 1,136 1,108 565 23 375 2,065 129 17,198 243 539 151 2,981 352 219 575 129 6,124 1,213 1,164 596 25 388 2,362 137 18,250 245 565 158 3,280 390 239 664 166 6,445 1,268 1,205 638 26 406 2,419 135 3,538 155 112 38 364 123 52 168 22 1,460 266 171 156 t 90 332 25 3,813 162 117 42 382 123 58 201 26 1,583 285 181 172 4,033 164 123 44 405 135 57 214 24 1,677 291 194 9' 357 27 9f 382 29 32,578 796 806 169 5,420 648 324 842 212 10,355 2,474 3,234 1,117 78 696 5,261 146 35,260 819 840 184 5,824 648 336 960 223 11,415 2,609 3,365 1,211 81 702 5,880 162 37,631 832 890 194 6,486 719 363 1,025 232 12,134 2,719 3,501 1,334 85 723 6,225 169 577,624 116,322 48,392 412,910 608,584 123,209 51,288 434,087 27,907 4,684 1,550 21,674 28,740 4,883 1,514 22,343 29,909 5,151 1,420 23,338 7,459 942 414 6,102 7,677 1,040 381 6,257 7,996 1,074 352 6,570 2,745 637 282 1,826 2,816 657 270 1,890 2,789 616 258 1,915 12,601 2,235 521 9,845 12,837 2,265 521 10,050 13,537 2,525 489 10,523 ^ 82 83 84 85 Government and government enterprises Federal civilian Military State and local . See footnotes at end of table. 631,398 128,185 49,469 453,744 $ 19; SURVEY OF CURRENT BUSINESS August 1994 and Earnings by Industry1,1991-93 of dollars] Mideast Vermont Rhode Island New Hampshire 1991 1992 1993 1991 1992 1993 1991 1992 1993 23,218 23,173 45 24,229 24,180 49 24,947 24,886 61 19,523 19,485 38 20,256 20,219 37 21,204 21,158 45 10,112 10,023 89 10,742 10,589 153 11,193 979,399 1,033,548 1,068,536 11,070 977,300 1,031,070 1,066,140 123 2,099 2,396 2,478 1,108 20,961 1,115 21,729 1,125 22,169 1,004 19,451 1,001 20,229 1,000 21,203 568 17,811 571 18,801 576 19,442 43,907 22,306 44,119 23,427 14,731 916 1,857 15,672 4,305 3,241 15,659 964 1,898 16,592 4,184 3,453 16,320 1,014 1,938 17,244 4,280 3,423 12,599 1,043 673 12,229 3,339 3,955 13,279 1,095 705 12,889 3,236 4,131 13,804 1,147 719 13,375 3,318 4,510 7,015 442 55 6,628 1,935 1,549 7,515 469 56 7,101 1,921 1,719 7,860 506 59 7,413 1,975 1,805 699,372 51,415 -8,761 639,196 178,598 161,605 11,635 1,308 1,788 23 1,764 12,353 1,426 1,881 28 1,853 12,752 1,540 2,029 38 1,991 10,360 1,098 1,141 27 1,115 10,888 1,186 1,205 27 1,178 11,226 1,282 1,296 34 1,263 5,469 613 933 51 882 5,788 666 1,060 116 944 45 14,686 12,783 81 70 11 14 49 15,610 13,616 84 73 10 15 61 16,259 14,198 90 79 11 15 37 13,242 11,013 89 52 38 8 0 45 13,759 11,464 92 53 39 7 0 0 1 13 800 0 1 14 795 0 1 15 846 38 12,561 10,474 91 49 43 5 0 0 1 4 604 153 7,361 6,174 56 53 2 20 P) 0 6 569 6 601 89 6,926 5,815 53 51 2 19 0 0 0 19 481 3,557 1,011 94 94 32 204 223 56 3 0 249 56 2,546 118 29 140 193 947 434 42 1 67 522 52 3,779 1,057 99 98 40 189 235 64 3 0 266 61 2,722 129 36 153 231 995 482 38 2 74 529 53 3,782 1,102 96 110 53 190 249 46 3 0 286 68 2,680 139 39 162 249 916 487 35 2 74 525 54 2,783 909 76 205 23 56 192 116 1 0 201 38 1,874 P) 43 127 211 178 135 203 P) 42 241 628 2,894 964 78 210 21 70 207 123 1 0 216 38 1,930 17 43 141 221 183 131 189 45 43 257 661 2,947 1,013 83 223 22 71 207 135 1 0 232 38 1,934 20 46 156 223 195 135 187 42 46 246 637 723 P) 156 P) 84 179 293 800 P) 165 P) P) 190 341 838 P) 171 P) P) 195 353 517 P) 119 18 P) 167 123 536 P) 131 18 P) 176 118 844 1,785 1,046 285 761 927 1,903 1,083 265 819 1,012 2,028 1,082 272 810 619 1,241 917 316 600 3,934 142 148 26 638 127 47 136 26 1,351 259 300 157 4 81 473 20 4,231 152 157 28 699 130 52 148 24 1,477 281 316 172 4 84 487 21 4,504 156 168 30 776 141 54 155 24 1,570 298 335 177 4 88 507 23 1,902 296 46 1,561 1,994 315 45 1,634 2,061 322 45 1,695 1992 District of Columbia Delaware 1991 Maryland 1992 Line 1991 1992 1993 1991 1992 1993 13,831 13,688 143 14,579 14,448 131 15,220 15,100 121 15,506 15,506 16,569 16,569 17,259 109,347 114,075 118,759 17,259 108,986 113,699 118,421 375 361 338 44,368 24,083 681 20,317 691 21,102 700 21,735 594 26,094 585 28,313 578 29,836 4,863 22,483 4,917 23,199 4,965 23,920 4 5 742,633 54,082 -9,352 679,200 173,663 180,685 767,644 56,016 -9,597 702,032 175,934 190,570 11,107 1,140 -606 9,361 2,608 1,863 11,585 1,168 -610 9,807 2,659 2,113 12,040 29,050 30,985 32,131 2,394 1,221 2,224 2323 -634 -16,877 -17,898 -18,649 10,185 9,948 10,764 11,088 2,477 2,766 2,375 2,399 2,269 3,429 3,693 3,158 70,642 4,587 11,168 77,223 17,106 15,019 73,608 4,737 11,937 80,808 16,876 16,391 76,437 4,935 12,490 83,993 17,515 17,251 6 7 8 9 10 11 6,030 572,124 725 57,539 69,708 1,105 82 1,201 68,508 1,023 603,212 62,562 76,859 1,605 75,254 618,213 67,127 82,305 1,442 80,863 9,198 1,056 854 118 736 9,503 1,147 935 106 829 9,824 1,231 985 94 891 60,201 5,843 7,564 285 7,279 62,063 6,319 8,055 239 7,815 12 13 14 15 16 2478 740,155 616,327 3,039 2,421 618 1,652 883 253 38 478 32,324 2396 765,249 636,763 3,248 2,557 690 1,582 778 262 38 503 33,306 143 10,964 9,435 42 40 1 21 15 131 11,455 9,871 43 42 1 20 14 121 11,920 10,260 47 45 1 19 15 20 479 123 2099 7,738 697,273 6,508 578,544 2,975 58 2,373 56 2 602 23 1,651 875 P) 247 0 41 P) 22 488. 518 33,533 P) 692 P) 680 713 P) 1,559 378 102 9 17 71 123 23 1 0 32 0 1,181 106 P) P) 89 135 518 87 7 83 68 18 1,604 414 115 10 18 74 130 25 1 0 40 0 1,190 119 49 29 89 138 506 79 11 83 68 20 1,635 113,749 431 53,669 123 8,188 11 1,576 21 4,869 75 4,143 135 12,905 26 15,804 1 1,718 0 179 40 3,738 0 548 1,204 60,080 134 1,589 55 1,289 32 6,542 84 6,636 142 11,903 495 9,131 3,213 73 14 3,148 3,682 81 69 10,449 24 2,498 116,373 55,908 8,526 1,565 4,911 4,333 13,460 16,668 1,739 179 4,010 517 60,465 1,602 1,306 6,312 6,833 11,827 9,191 3,294 3,463 3,699 10,349 2,589 116,633 56,522 8,709 1,642 4,954 4,359 13,647 16,615 1,751 188 4,152 504 60,112 1,700 1,350 6,185 6,875 11,580 9,270 3,121 3,563 3,721 10,055 2,692 3,339 2,578 209 P) 26 66 72 2,009 P) 0 P) P) 761 21 14 44 61 44 P) P) 371 24 131 14 3,333 2,527 222 27 28 69 72 1,930 64 P) 114 P) 806 23 15 45 60 63 571 P) 128 17 P) 191 133 371 8 116 5 46 90 105 395 8 124 5 49 95 115 418 8 130 5 54 99 123 45,217 1,463 9,045 1,629 10,253 13,830 8,996 47,325 1,561 9,197 1,605 10,549 14,831 9,582 49,042 1,701 9,462 1,588 10,893 15,409 9,987 666 1,315 949 310 639 677 1,368 981 314 667 358 796 379 149 230 400 839 411 155 256 415 881 427 160 267 44,520 58,526 70,798 20,880 49,919 47,173 60,528 84,851 22,813 62,038 3,697 65 106 18 589 90 34 97 1.3 1,436 286 349 178 5 110 305 15 3,989 64 115 20 598 94 37 110 12 1,590 319 356 194 6 113 345 16 4,220 65 118 21 664 99 40 116 13 1,681 330 389 204 6 119 337 17 1,797 170 58 19 203 61 29 59 21 649 104 168 61 4 39 134 17 1,970 183 61 21 238 63 31 61 23 707 116 179 70 5 41 152 20 2,132 207,573 193 6,651 64 5,091 22 1,980 275 33,912 4,447 69 33 1,918 64 7,553 24 2,595 765 63,544 123 22,629 188 12,073 7,941 78 5 353 43 7,001 164 28,405 21 1,479 2,088 389 250 1,448 2,229 406 258 1,565 2,294 402 236 1,657 1,112 184 36 891 1,188 201 39 948 1,230 118,729 212 30,407 41 4,540 977 83,782 8 a 1993 1991 1993 1 2 3 25,556 2,048 1,446 26,959 2,249 1,777 27,797 2,419 1,915 1,446 1,777 1,915 58,156 5,394 7,092 267 6,825 29,050 16,387 263 5 258 10 P) P) 423 30,985 17,426 273 6 267 8 P) 5 2 P) 355 32,131 18,044 307 6 301 8 P) 5 2 P) 339 361 70,281 54,459 382 345 37 71 32 3 2 35 4,941 375 73,232 57,101 393 349 44 62 30 P) P) 27 4,717 338 76,099 59,366 420 373 47 62 28 P) P) 29 4,861 17 18 19 20 21 22 23 24 25 26 27 28 3,358 2,457 233 27 31 73 73 1,835 65 P) 118 P) 901 24 16 58 59 70 753 638 15 1 1 2 599 18 3 P) P) 0 115 2 1 3 3 10 751 656 16 3 1 4 608 19 5 0 0 0 95 1 3 3 3 9 773 678 16 1 1 4 628 22 6 0 0 0 95 1 3 4 3 9 398 26 130 15 434 26 169 14 7 4 3 5 5 4 3 P) 5 6 3 3 7,426 3,130 747 P) 181 301 940 606 P) 0 257 38 4,295 113 79 494 289 620 801 337 224 244 1,021 73 7,502 3,257 752 25 180 311 990 639 40 0 283 36 4,246 108 88 473 308 615 784 367 264 232 942 65 7,509 3,355 760 29 185 301 1,037 671 45 0 295 33 4,154 120 97 454 304 624 806 280 264 238 900 67 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 581 P) 145 24 P) 90 182 609 P) 154 23 P) 92 197 634 P) 159 22 P) 99 201 1,142 P) 27 8 P) 634 231 1,208 P) 27 6 P) . 665 245 1,240 P) 27 11 P) 667 242 4,234 P) 895 132 P) 1,377 941 4,370 P) 925 130 P) 1,416 979 4,522 P) 962 124 P) 1,463 1,032 53 54 55 56 57 58 59 47,494 61,852 89,137 23,278 65,860 466 992 949 619 330 471 1,047 1,126 703 424 482 1,086 1,248 789 459 388 901 1,242 551 690 402 900 1,568 574 994 353 907 1,591 586 1,005 4,006 7,403 4,878 1,497 3,380 4,149 7,676 5,456 1,683 3,773 4,198 7,721 5,796 1,853 3,943 60 61 62 63 64 223,061 6,829 5,353 2,176 36,406 4,444 1,895 8,344 2,653 69,595 24,245 12,763 8,739 389 7,315 30,352 1,564 234,470 7,096 5,534 2,289 38,810 4,686 1,968 8,846 2,747 73,507 24,956 13,340 9,284 411 7,629 31,768 1,598 2,353 56 72 23 396 76 38 68 14 862 226 78 100 13 86 234 10 2,542 45 79 26 412 80 42 71 14 959 244 82 110 15 91 264 11 2,673 41 84 27 447 85 43 75 13 1,010 251 88 117 16 94 270 12 11,266 510 102 84 960 68 16 109 41 1,579 2,952 997 295 10 1,440 2,027 75 11,961 524 104 90 1,054 69 16 126 44 1,657 3,099 1,036 319 16 1,537 2,192 78 12,526 530 108 94 1,093 72 13 131 46 1,654 3,282 1,086 348 16 1,641 2,329 83 21,119 673 625 214 4,195 505 217 608 162 6,236 1,578 878 617 14 747 3,735 116 22,776 663 656 237 4,540 514 231 669 160 6,862 1,688 929 704 21 787 3,990 124 24,277 817 678 250 4,786 557 253 740 169 7,264 1,760 987 764 23 824 4,276 130 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 123,829 32,163 4,653 87,013 128,485 33,445 4,529 90,511 1,529 207 160 1,162 1,584 226 164 1,194 1,660 233 159 1,267 12,662 9,928 692 2,042 13,559 10,770 740 2,048 14,086 11,296 742 2,048 15,822 6,149 1,245 8,427 16,132 6,378 1,307 8,446 16,733 6,786 1,273 8,674 82 83 84 85 "a a a q a ( J2 9 August 1994 SURVEY OF CURRENT BUSINESS Table 3. Personal Income by Major Source [Millions Item Line New York New Jersey 1991 1992 1991 1993 1992 Great Lakes Pennsylvania 1993 1991 1992 1993 1991 1992 Illinois 1993 1991 1992 n 1993 Income by Place of Residence 1 Total personal income (lines 6-11) 2 Nonfarm personal income Farm income (line 17) 2 3 4 5 Population (thousands) 3 Per capita personal income (dollars) 4 192,341 192,097 244 204,091 203,846 245 210,622 210,331 291 413,726 413,014 712 437,119 436,352 766 450,754 450,076 678 234,648 234,008 639 247,115 246,154 960 255,921 254,954 967 795,567 792,298 3,269 846,619 841,540 5,079 885,296 880,872 4,424 237,658 236,979 679 252,938 251,410 1,529 263,591 262,422 1,168 7,773 24,744 7,820 26,098 7,879 26,732 18,047 22,925 18,109 24,138 18,197 24,771 11,949 19,638 1.1,995 20,601 12,048 21,241 42,392 18,767 42,719 19,818 43,017 20,580 11,525 20,622 11,613 21,781 11,697 22,534 129,161 9,354 9,723 129,531 37,347 25,464 137,124 9,827 10,905 138,203 36,746 29,143 142,583 10,031 11,096 143,647 37,425 29,550 299,458 319,597 24,282 22,938 -13,002 -14,641 263,518 280,673 74,044 77,101 73,107 82,401 328,543 25,077 -14,882 288,583 74,142 88,029 159,954 11,172 833 149,616 42,037 42,994 169,735 11,745 955 158,944 40,963 47,207 175,910 12,358 983 164,535 41,609 49,778 572,248 41,481 1,955 532,722 135,413 127,433 614,304 43,706 2,085 572,683 133,044 140,892 643,436 46,165 2,178 599,450 135,993 149,853 174,065 12,271 186,030 12,885 193,984 13,509 161,569 42,896 33,193 172,879 42,076 37,983 180,221 43,147 40,223 106,800 10,804 11,558 141 11,417 112,937 11,772 12,415 145 12,269 116,499 12,726 13,358 182 13,176 245,003 23,278 31,177 386 30,791 259,205 25,353 35,039 450 34,589 263,966 27,048 37,529 332 37,197 127,412 14,961 17,582 288 17,293 134,406 16,198 19,131 619 18,511 138,063 17,383 20,464 595 19,869 471,302 53,095 47,851 1,715 46,136 500,612 60,120 53,572 3,503 50,069 522,010 64,547 56,879 2,783 54,097 142,349 15,556 16,161 377 15,784 150,611 17,005 18,414 1,225 17,189 156,188 18,421 19,376 838 18,538 244 128,917 109,778 491 460 31 112 (D) 8 (D) 99 6,142 245 136,879 116,496 499 473 26 111 (D) 10 (D) 97 5,964 291 142,292 121,046 540 513 28 119 (D) 12 (D) 102 6,293 712 298,746 250,610 1,043 787 256 257 0 82 26 149 12,291 766 318,831 269,261 1,039 781 258 262 639 159,315 137,874 755 736 20 1,181 827 145 4 205 9,045 960 168,774 146,172 792 770 21 1,189 837 140 3 208 9,189 967 174,943 151,513 835 811 24 1,096 734 145 4 214 9,509 3,269 568,978 489,182 2,588 2,526 62 2,426 1,187 481 165 593 29,857 5,079 609,225 524,567 2,775 2,709 66 2,419 1,129 472 166 651 30,499 4,424 639,012 550,852 2,947 2,875 72 2,303 960 506 164 672 32,552 679 1,529 173,386 184,501 150,207 159,997 808 859 792 843 16 16 971 966 627 648 134 (D) 12 (D) 172 200 9,692 9,706 1,168 192,816 167,332 911 893 18 841 504 (D) 144 11,419 678 327,865 276,534 1,099 809 289 278 (D) 95 (D) 158 11,590 43,933 19,581 2,694 516 2,824 1,415 6,802 3,529 288 148 1,144 221 24,352 424 462 1,011 2,021 5,430 3,824 1,141 1,824 1,137 5,825 1,252 43,324 19,492 2,679 551 2,801 1,407 6,817 3,436 288 158 1,154 200 23,832 442 469 1,012 2,019 5,108 3,769 1,012 1,806 1,131 5,747 1,317 35,456 14,310 2,797 583 1,158 1,518 2,598 3,487 686 26 1,283 174 21,146 891 506 4,332 2,960 3,982 2,674 1,546 597 1,581 1,419 658 36,575 14,962 2,938 582 1,186 1,586 2,684 3,724 678 25 1,397 161 21,613 920 519 4,132 3,096 3,916 2,834 1,653 726 1,622 1,498 695 37,390 15,335 3,076 598 1,127 1,638 2,768 3,790 671 25 1,471 170 22,055 982 533 4,044 3,145 4,098 2,981 1,697 733 1,654 1,461 725 156,652 49,737 10,008 372 1,534 5,891 9,979 11,792 1,380 16 8,315 450 106,915 2,655 2,973 12,484 15,710 22,703 11,458 4,356 24,546 3,733 4,389 1,908 167,381 53,120 10,734 384 1,493 6,281 10,605 12,716 1,493 18 8,939 457 114,261 2,872 3,209 12,655 16,539 23,385 11,999 4,158 28,676 4,001 4,730 2,037 174,445 55,270 10,898 402 1,581 6,541 10,940 13,400 1,444 17 9,591 457 119,174 3,151 3,455 13,170 17,427 24,831 12,694 3,870 29,554 4,151 4,764 2,107 35,949 14,930 3,494 (D) 322 1,174 3,869 3,527 544 (D) 1,792 106 21,019 350 469 2,228 3,424 5,965 3,917 500 1,299 694 1,472 703 37,685 16,066 3,784 92 333 1,272 4,026 3,944 593 16 1,911 95 21,619 383 507 2,190 3,668 5,896 4,031 468 1,475 740 1,497 763 39,317 16,603 3,801 91 333 1,331 4,167 4,134 579 15 2,059 94 22,713 406 528 2,314 3,843 6,304 4,266 464 1,511 800 1,534 744 Derivation of Total Personal Income 6 7 8 9 10 11 Earnings by place of work (line 12-16 or 17-85) Less' Personal contributions for6 social insurance5 Plus' Adjustment for residence Equals' Net earnings by place of residence Plus' Dividends, interest and rent7 Plus' Transfer payments 12 13 14 15 16 Components of earnings: Wages and salaries Other labor income 8 Proprietors' income Farm 8 Nonfarm -225 -265 -254 Earnings by Place of Work Earnings by Industry 17 18 19 20 21 22 23 24 25 26 27 28 Farm Nonfarm Private Agricultural services, forestry, fisheries, and other9 Agricultural services Forestry, fisheries, and other9 Mining Coal mining Oil and gas extraction Metal mining Nonmetallic minerals except fuels Construction 8 8 188 10,123 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 Manufacturing . .... Nondurable goods Food and kindred products Textile mil! products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Tobacco products 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 and computer equipment Electric equipment, except computer equipment Transportation equipment excluding motor vehicles Motor vehicles and equipment Stone clay and glass products Instruments and related products Miscellaneous manufacturing industries 23,665 14,278 1,810 408 687 923 2,217 6,473 654 (D) 1,002 P) 9,386 130 219 626 1,346 1,855 1,760 125 260 654 1,862 548 24,279 14,925 1,905 412 693 948 2,304 6,825 664 (D) 1,070 (D) 9,354 125 219 647 1,344 1,793 1,684 108 247 677 1,950 560 24,279 15,205 1,946 436 809 935 2,323 6,861 676 (D) 1,113 9,074 130 232 614 1,345 1,671 1,648 109 321 665 1,774 565 43,111 18,734 2,610 534 2,816 1,332 6,481 3,211 277 148 1,090 236 24,377 432 469 1,041 1,976 5,391 3,815 1,176 1,691 1,172 6,012 1,201 53 54 55 56 57 58 59 Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric gas and sanitary services ....'. 10,125 124 2,523 595 1,854 3,462 1,567 10,707 130 2,544 636 1,974 3,747 1,677 11,447 141 2,668 645 2,106 4,138 1,749 18,397 354 2,656 587 5,342 6,244 3,214 18,926 369 2,687 539 5,314 6,526 3,492 19,136 379 2,706 521 5,300 6,588 3,642 10,737 648 2,800 284 2,120 2,024 2,861 11,505 720 2,861 271 2,276 2,385 2,992 12,062 823 2,940 266 2,456 2,455 3,122 35,599 2,147 10,549 392 6,555 7,810 8,146 37,564 2,255 11,156 400 7,002 8,048 8,702 39,448 2,406 11,916 433 7,507 8,285 8,901 12,828 874 3,022 117 3,374 2,735 2,706 13,645 916 3,132 111 3,548 3,011 2,928 14,428 1,002 3,384 136 3,802 3,186 2,919 60 61 62 63 64 Wholesale trade Retail trade Finance insurance and real estate Depository and nondepository credit institutions Other finance insurance and real estate 11,206 11,481 9,575 2,432 7,143 12,248 11,854 10,828 2,640 8,188 12,397 12,190 11,542 2,780 8,762 18,821 22,052 43,555 12,411 31,144 19,692 22,616 54,049 13,554 40,495 19,744 22,945 56,671 13,505 43,166 9,633 15,697 10,601 3,368 7,232 10,211 16,435 11,824 3,659 8,165 10,320 17,003 12,291 3,766 8,525 38,817 53,188 35,897 11,660 24,237 40,978 56,181 40,690 12,943 27,747 42,026 58,673 42,941 13,740 29,201 14,136 15,423 14,845 4,373 10,472 14,746 16,210 16,854 4,853 12,001 14,779 16,866 17,665 5,222 12,444 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 Services Hotels and other lodging places . Personal services Private households Business services . Auto repair services and parking Miscellaneous repair services Amusement and recreation services Motion pictures Health services Legal services Educational services Social services Museums, botanical, zoological gardens Membership organizations Engineering and management services Miscellaneous services 36,982 2,440 935 237 7,541 909 444 928 245 11,063 2,520 1,142 795 12 843 6,677 —250 40,006 2,519 989 261 8,192 915 457 1,036 261 12,261 2,721 1,211 862 17 856 7,190 259 42,239 2,576 1,030 276 8,845 972 471 1,132 286 12,948 2,840 1,281 932 22 893 7,464 270 97,324 91,084 2,022 2,092 2,092 2,003 1,172 1,287 15,033 • 15,963 1,604 1,614 636 681 4,967 4,513 1,943 1,908 26,237 28,573 11,903 12,686 5,562 5,806 4,852 4,419 257 249 2,396 2,485 10,667 11,338 705 743 101,748 2,107 2,123 1,354 16,924 1,633 654 5,202 1,988 30,352 12,892 6,022 5,107 267 2,547 11,822 754 44,769 950 1,355 250 5,787 1,274 523 1,328 225 17,566 3,451 3,414 1,715 56 1,489 5,064 323 48,452 987 1,434 274 6,245 1,262 514 1,475 230 19,284 3,808 3,699 1,892 64 1,559 5,378 348 51,008 1,024 1,511 288 6,716 1,367 535 1,567 245 20,278 3,931 3,876 2,016 67 1,630 5,607 349 134,158 3,014 4,775 892 22,045 4,246 1,874 4,601 1,295 48,796 10,086 5,196 4,446 228 5,522 16,206 935 146,080 3,073 5,128 983 24,327 4,398 1,990 5,268 1,347 53,517 10,940 5,533 4,952 242 5,827 17,539 1,016 155,518 3,105 5,411 1,034 26,971 4,766 2,162 5,768 1,431 56,356 11,342 5,855 5,426 257 6,106 18,443 1,086 45,561 1,152 1,364 279 8,186 1,356 609 1,488 704 13,452 4,332 1,961 1,324 107 1,981 6,884 382 49,322 1,177 1,468 308 8,907 1,392 680 1,735 695 14,678 4,659 2,088 1,432 109 2,090 7,490 413 52,402 1,153 1,543 325 9,873 1,500 724 1,970 727 15,308 4,878 2,234 1,574 117 2,199 7,826 452 19,139 3,141 576 15,422 20,383 3,308 565 16,510 21,246 3,407 517 17,323 48,136 5,996 1,148 40,991 51,331 6,423 1,169 43,739 21,441 4,985 719 15,737 22,602 5,137 718 16,748 23,429 5,301 668 17,460 79,796 12,117 2,801 64,878 84,658 12,932 2,798 68,928 88,160 13,349 2,641 72,170 23,179 4,066 1,117 17,996 24,504 4,308 1,108 19,088 25,484 4,424 1,016 20,044 82 83 84 85 Government and government enterprises Federal civilian Military State and local . See footnotes at end of table. .... .... (D) 49,569 6,344 1,159 42,066 SURVEY OF CURRENT BUSINESS August 1994 * 73 and Earnings by Industry1,1991-93—Continued of dollars] Michigan Indiana 1992 1992 96,851 96,684 167 104,022 109,465 175,244 185,665 194,687 196,927 208,560 217,693 103,367 108,694 174,561 184,954 193,891 196,130 207,392 216,599 711 1,094 771 797 1,167 655 683 795 1993 1991 1993 1991 1992 Plains Wisconsin Ohio 1991 1993 1991 Iowa • 1992 1991 1992 88,888 87,944 944 95,434 94,417 1,017 99,860 322,012 343,309 354,656 99,265 313,149 332,884 348,387 596 8,863 10,425 6,269 47,714 46,128 1,586 50,953 48,972 1,981 1993 " 1992 1993 1991 Kansas 1993 " 1993 " Line 1991 1992 51,564 51,179 385 45,476 44,297 1,179 48,341 46,857 1,484 50,295 48,830 1,465 2 3 1 5,607 17,275 5,658 18,384 5,713 19,161 11,091 19,627 4,947 17,970 4,993 19,115 5,038 19,822 18,054 19,645 2,790 17,102 2,803 18,178 2,814 18,324 2,491 18,259 2,515 19,219 2,531 19,874 4 5 70,046 4,378 1,404 67,072 15,274 14,505 75,602 4,628 1,494 72,468 15,145 16,408 73,980 124,466 133,971 140,706 141,267 151,019 157,672 9,249 9,763 10,384 11,239 11,782 12,385 4,936 484 1,536 512 -1,002 -1,048 -1,080 446 76,581 115,663 124,692 130,834 129,026 138,189 144,207 15,442 29,690 29,210 29,681 32,386 31,247 31,971 17,442 29,890 31,764 34,172 35,514 39,124 41,515 62,404 4,344 1,332 59,392 15,165 14,331 67,682 4,646 1,419 64,454 15,366 15,613 71,094 231,679 249,299 256,975 4,950 16,138 17,060 18,004 1,463 -2,435 -2,554 -2,650 67,607 213,106 229,685 236,321 15,751 58,379 58,818 59,712 16,502 50,527 54,807 58,623 32,878 2,255 296 30,919 8,961 7,835 35,504 2,381 328 33,451 9,007 8,495 35,667 2,524 339 33,482 9,069 9,013 31,255 2,239 945 29,961 8,534 6,980 33,849 2,359 964 32,454 8,214 7,672 35,228 2,466 1,030 33,792 8,301 8,202 6 7 8 9 10 11 57,742 6,750 5,555 -41 5,596 61,468 7,662 6,472 446 6,025 64,566 103,704 110,142 115,372 116,266 123,096 127,798 8,322 12,483 14,829 15,553 12,353 13,964 14,989 7,092 8,278 8,999 9,780 12,647 13,960 14,885 350 434 545 330 566 935 843 8,649 9,347 12,082 13,024 14,042 6,548 7,948 51,241 5,952 5,211 484 4,727 55,295 6,660 5,727 547 5,181 58,086 182,366 194,523 202,673 7,262 19,897 22,051 23,956 5,746 29,416 32,725 30,346 124 7,465 9,052 4,839 5,622 21,950 23,673 25,507 25,337 2,873 4,667 1,279 3,389 27,019 3,162 5,323 1,671 3,652 28,251 3,450 3,966 51 3,915 24,494 2,737 4,024 991 3,033 26,194 3,030 4,625 1,309 3,317 27,094 3,272 4,862 1,284 3,578 12 13 14 15 16 167 69,880 60,147 311 307 4 356 243 17 2 95 4,165 655 74,947 64,654 337 333 4 347 227 17 1 101 4,247 711 797 1,167 1,094 944 771 683 795 79,209 123,783 133,260 139,911 140,470 149,852 156,577 61,460 68,487 105,587 114,050 120,008 120,786 128,951 134,811 52,455 644 674 377 496 531 563 361 596 357 506 638 362 476 536 589 668 7 4 21 26 7 26 6 15 84 374 375 632 397 647 631 331 207 0 0 274 1 248 0 295 17 134 129 194 146 3 (DD) (DD) 1 139 143 140 7 5 () () 107 112 152 175 74 101 103 161 4,547 5,584 7,074 7,733 3,520 5,683 6,099 6,896 1,017 66,665 56,915 404 391 14 96 1 4 5 86 3,790 596 8,863 10,425 6,269 70,499 222,816 238,874 250,706 60,214 185,669 199,848 210,171 437 1,580 1,687 1,806 421 1,560 1,780 1,663 20 16 24 26 102 1,445 1,482 1,510 1 309 348 309 4 416 427 430 392 6 405 418 340 91 315 328 4,049 11,452 12,180 13,067 1,586 31,292 25,883 321 319 2 69 2 1 3 62 1,661 1,981 33,523 27,847 344 342 2 73 2 1 3 67 1,792 385 35,282 29,361 365 363 2 74 2 1 3 68 1,908 1,179 30,077 24,380 239 239 1 334 9 291 1 33 1,472 1,484 1,465 32,365 33,762 26,205 27,294 253 276 252 275 1 1 350 353 (D) (D) 308 309 1 1 (D) (D) 1,687 1,589 22,055 6,162 973 24 180 458 1,119 1,899 212 1 1,259 37 15,893 572 547 3,089 1,713 2,284 2,714 1,072 2,350 571 681 300 23,782 6,546 1,037 27 197 496 1,221 1,932 233 1 1,366 37 17,236 628 599 3,205 1,789 2,510 2,851 873 3,133 608 724 316 25,132 6,869 1,057 31 209 532 1,253 2,048 232 1 1,471 35 18,264 695 649 3,338 1,906 2,789 2,974 874 3,358 627 717 336 4,704 349 1,862 66 486 929 1,012 4,934 364 1,984 75 523 929 1,059 5,162 382 2,087 77 554 961 1,101 6,412 321 1,620 50 1,239 1,437 1,746 6,696 339 1,698 49 1,345 1,407 1,858 7,006 351 1,787 54 1,443 1,444 1,926 7,996 471 2,562 138 974 1,977 1,873 4,010 6,792 3,617 1,260 2,357 4,264 7,169 4,144 1,473 2,671 4,475 7,591 4,354 1,527 2,826 7,663 11,473 5,990 2,251 3,738 8,218 12,017 6,844 2,504 4,340 8,534 12,507 7,178 2,589 4,589 14,137 308 633 113 2,009 540 242 398 85 6,109 776 619 473 21 634 1,093 84 15,432 318 684 125 2,188 555 251 444 87 6,800 854 659 528 23 665 1,160 91 16,534 327 730 131 2,444 602 264 475 97 7,224 903 694 581 25 697 1,247 94 27,969 546 982 196 4,956 896 417 864 290 10,424 1,885 732 998 23 1,089 3,468 203 30,594 550 1,049 215 5,598 926 437 979 331 11,410 2,013 111 1,114 24 1,157 3,794 221 9,733 1,660 344 7,728 10,293 1,813 343 8,136 10,722 1,891 349 8,482 18,195 2,053 456 15,687 19,210 2,194 426 16,590 9,375 18,693 9,434 19,681 39,626 43,091 8,312 8,838 1,541 1,664 56 P) 544 628 884 818 1,382 1,479 2,248 2,418 121 111 0 (D) 1,440 1,578 104 89 31,314 34,253 420 446 1,282 1,226 1,658 1,769 4,348 4,600 4,992 5,175 1,086 1,158 629 608 15,458 17,611 667 700 615 676 214 229 9,478 20,542 10,940 18,001 11,021 18,923 17,788 18,103 17,920 19,158 17 18 19 20 21 22 23 24 25 26 27 28 44,723 14,630 2,249 127 298 1,477 2,497 4,123 490 0 3,292 77 30,093 698 464 4,907 4,749 6,138 2,753 1,692 5,545 1,644 1,032 470 18,073 7,116 1,964 93 138 2,098 1,323 513 17 0 827 143 10,957 744 337 702 1,854 3,748 1,215 229 820 278 762 268 19,390 7,581 2,068 96 145 2,202 1,452 550 18 0 904 146 11,809 796 389 746 1,908 3,941 1,269 247 1,083 309 835 286 20,209 7,886 2,120 93 146 2,272 1,517 594 21 0 967 154 12,324 870 424 813 1,991 4,081 1,347 268 1,080 335 805 309 45,874 19,224 6,544 84 645 2,525 4,381 2,616 335 0 1,762 333 26,650 1,318 758 1,167 3,557 6,836 2,999 3,780 2,093 1,049 2,447 647 48,706 20,486 6,976 89 717 2,688 4,647 2,733 365 0 1,955 316 28,220 1,433 863 1,194 3,479 7,121 3,282 3,984 2,451 1,089 2,634 690 50,337 21,320 7,255 88 754 2,759 4,829 2,842 374 1 2,110 308 29,018 1,545 923 1,262 3,517 7,732 3,360 3,704 2,424 1,141 2,644 766 7,364 2,991 1,416 10 89 169 596 264 11 0 419 17 4,373 196 173 310 544 1,596 486 62 261 173 428 144 7,778 3,192 1,514 13 108 195 617 284 9 0 432 19 4,586 227 187 328 440 1,635 619 69 312 183 424 162 8,170 3,340 1,585 16 113 206 629 299 9 0 462 19 4,830 239 211 337 463 1,766 641 71 327 186 426 165 5,929 2,210 757 6 77 145 538 279 132 0 273 3 3,719 75 37 86 307 617 261 1,721 275 191 108 39 6,265 2,345 783 7 85 155 569 293 141 0 307 4 3,920 85 36 88 285 613 280 1,873 312 199 107 41 6,391 2,490 860 4 89 156 607 297 138 0 331 5 3,902 93 38 97 295 693 293 1,728 298 207 115 46 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 8,390 495 2,733 145 1,066 1,960 1,992 8,727 507 2,931 144 1,161 1,940 2,045 3,659 133 1,482 21 483 733 809 3,899 142 1,609 21 520 742 866 4,125 164 1,728 22 548 753 911 18,327 2,179 5,141 134 3,266 4,461 3,147 19,095 2,279 5,389 119 3,542 4,409 3,356 • 19,778 2,418 5,661 106 3,481 4,664 3,448 2,030 216 797 1.1 132 423 451 2,123 220 840 12 143 430 478 2,260 242 907 13 153 456 490 2,580 388 717 1 290 635 548 2,727 424 736 1 343 653 568 2.818 423 760 .1 339 711 584 53 54 55 56 57 58 59 9,180 13,434 7,856 2,680 5,176 9,615 14,334 8,697 2,878 5,819 9,926 14,929 9,270 3,061 6,209 3,828 6,066 3,589 1,096 2,493 4,135 6,452 4,151 1,235 2,916 4,312 6,781 4,474 1,341 3,133 16,959 22,664 14,863 4,804 10,058 18,294 24,112 16,719 5,242 11,477 18,608 25,528 17,890 5,682 12,208 2,269 3,388 2,088 726 1,362 2,475 3,597 2,313 111 1,536 2,515 3,755 2,465 826 1,639 2,205 3,153 1,727 585 1,142 2,358 3,347 1,939 626 1,313 2,387 3,513 2,032 667 1,365 60 61 62 63 64 32,661 563 1,108 226 6,268 1,005 473 1,056 356 12,074 2,044 824 1,207 24 1,206 3,988 238 33,232 666 1,250 213 4,987 1,017 428 1,392 164 13,319 2,311 1,313 1,061 66 1,220 3,642 181 36,134 667 1,345 235 5,505 1,075 430 1,599 173 14,586 2,534 1,394 1,205 71 1,277 3,843 195 38,197 679 1,417 247 6,034 1,166 489 1,693 185 15,282 2,610 1,445 1,298 73 1,331 4,041 208 13,259 342 545 91 1,906 436 179 459 53 5,492 782 571 590 11 597 1,119 85 14,599 360 582 100 2,129 449 191 512 60 6,043 880 616 672 16 638 1,253 96 15,723 382 613 106 2,352 493 212 575 67 6,468 907 658 767 17 672 1,341 94 52,505 1,427 2,153 405 7,940 1,867 837 1,729 403 20,115 3,529 2,387 2,023 69 2,228 4,938 453 57,573 1,500 2,308 447 9,012 1,931 879 2,004 420 22,103 3,874 2,522 2,223 73 2,334 5,448 495 61,647 1,573 2,443 470 10,076 2,145 948 2,243 447 23,359 4,069 2,699 2,418 77 2,446 5,703 530 6,693 163 297 68 872 262 134 178 45 2,758 421 368 298 5 274 490 61 7,351 178 326 75 1,020 270 148 196 47 3,012 466 388 331 5 285 539 66 7,848 178 341 78 1,177 304 162 221 45 3,159 488 410 348 5 299 561 72 6,741 139 294 56 1,111 243 190 149 30 2,625 359 173 207 3 273 834 56 7,377 139 316 62 1,224 253 189 163 30 2,879 394 185 237 4 287 956 60 7,837 143 338 65 1,356 287 197 173 33 3,016 403 194 261 4 303 1,000 65 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 19,902 2,271 386 17,246 19,684 3,343 700 15,641 20,901 3,538 725 16,637 21,766 3,627 687 17,452 9,005 995 184 7,825 9,750 1,078 196 8,476 10,285 1,136 202 8,947 37,147 6,681 2,534 27,932 39,026 6,973 2,664 29,388 40,535 7,229 2,560 30,745 5,409 704 114 4,590 5,676 751 121 4,804 5,922 776 125 5,020 5,696 981 670 4,045 6,160 1,056 810 4,294 6,468 1,135 794 4,539 82 83 84 85 45,064 9,283 1,670 60 595 929 1,506 2,500 122 0 1,804 97 35,781 482 1,390 1,798 4,938 5,518 1,354 572 18,060 746 675 248 40,949 43,433 13,217 14,090 2,182 2,037 113 (D) 275 266 1,428 1,343 2,427 2,287 3,604 3,872 538 486 0 (D) 2,997 3,180 75 75 27,732 29,343 570 618 432 395 4,807 4,745 4,371 4,574 5,864 5,715 2,526 2,689 1,962 1,925 4,619 5,375 1,524 1,644 997 858 424 443 SURVEY OF CURRENT BUSINESS 74 • August 1994 Table 3.—Personal Income by Major Source [Millions Missouri Minnesota Line North Dakota Nebraska South Dakota Item 1991 1992 85,368 84,038 1,330 91,654 90,200 1,454 4,426 19,289 1993n 1991 1992 1993 " 1991 1992 94,942 94,725 217 93,358 92,805 552 98,441 97,554 887 102,369 101,853 516 28,700 26,371 2,329 30,775 28,401 2,373 31,754 29,735 2,019 9,877 9,252 625 10,859 9,852 1,007 4,468 20,513 4,517 21,017 5,156 18,105 5,191 18,965 5,234 19,559 1,590 18,047 1,601 19,228 1,607 19,757 633 15,594 64,378 4,794 69,753 5,125 71,974 5,415 59,118 14,069 12,180 64,135 14,233 13,286 66,059 14,718 14,165 73,836 4,796 -2,779 66,261 18,083 18,025 23,379 1,643 -501 71,017 4,564 -2,657 63,797 17,923 16,722 22,680 1,553 -493 66,740 4,353 -2,583 59,805 17,886 15,668 21,354 1,473 -466 52,454 5,621 6,304 973 5,330 56,584 6,264 6,905 1,090 5,815 58,987 6,827 6,161 6,309 53,932 5,961 6,848 379 6,469 56,859 6,582 7,576 712 6,864 1,330 63,048 53,675 326 314 12 349 0 9 281 59 3,281 1,454 68,299 58,415 350 333 17 358 0 13 281 64 3,454 217 71,758 61,532 372 354 18 352 0 15 271 66 3,638 552 66,188 56,383 347 344 3 231 84 5 43 99 3,389 887 70,130 59,980 371 368 3 232 (D) 6 3,573 3,865 14,543 6,055 1,657 53 60 1,711 1,521 467 105 0 428 54 8,489 655 151 258 1,280 3,045 954 172 193 252 1,312 217 15,574 6,561 1,807 49 71 1,792 1,633 535 120 0 494 60 9,012 706 172 260 1,254 3,165 1,034 213 273 268 1,445 222 16,140 6,750 1,792 46 76 1,839 1,705 562 129 0 539 63 9,390 769 183 269 1,246 3,384 1,061 207 262 293 1,446 269 13,973 6,034 1,630 9 345 433 1,371 1,494 68 0 437 247 7,939 274 302 425 1,196 981 911 1,742 1,213 319 410 164 14,667 6,302 1,704 14,927 6,555 1,794 3$ 470 1,453 1,487 73 (D) 498 220 8,364 293 355 426 1,238 1,042 940 1,742 1,381 322 450 176 402 478 1,501 1,548 75 1993 » 1993 " 1993 " 1991 1992 10,872 10,340 532 11,520 10,259 1,262 12,286 11,049 1,238 12,860 11,725 1,135 634 17,127 635 17,123 702 16,419 708 17,344 715 17,977 6,919 508 7,765 523 7,695 559 -192 -213 -229 8,730 555 -72 8,103 2,124 2,059 9,196 599 -80 8,516 2,170 2,174 1991 1992 Income by Place of Residence 1 Total personal income (lines 6-11) 2 Nonfarm personal income Farm income (line 17) 2 3 4 5 . Population (thousands) 3 Per capita personal income (dollars)4 Derivation of Total Personal Income 6 1 8 9 10 11 Earnings by place of work (line 12-16 or 17-85)s Less* Personal contributions for social insurance Plus' Adjustment for residence6 Equsls1 Net earnings by place of residence Plus' Dividends interest and rent7 Plus' Transfer payments 12 13 14 15 16 Components of Earnings: Wages and salaries Other labor income Proprietors' income8 Farm 8 Nonfarm -377 -410 -431 19,505 5,039 4,156 20,716 5,504 4,555 21,305 5,546 4,903 6,219 1,816 1,842 7,029 1,812 2,018 6,907 1,825 2,140 8,154 517 -58 7,579 2,074 1,867 59,076 7,098 7,662 327 7,334 15,604 1,631 4,120 2,113 2,007 16,547 1,804 4,329 2,171 2,158 17,263 1,971 4,144 1,809 2,335 5,199 491 1,229 548 682 5,539 551 1,676 935 740 5,831 607 1,257 457 800 5,346 584 2,224 1,183 1,041 5,781 659 2,291 1,164 1,127 6,171 731 2,294 1,059 1,235 516 73,320 62,799 395 392 3 251 P) 2,329 19,025 15,140 191 190 1 199 153 15 1 29 923 2,373 20,307 16,291 202 202 0 194 P) 13 2,019 21,360 17,245 217 216 1 207 P) 13 2 P) 1,094 625 6,294 4,788 60 59 1 163 60 90 1 12 335 1,007 6,758 5,169 63 63 1 164 65 83 1 16 361 532 7,163 5,520 69 68 1 171 72 82 1 17 403 1,262 6,893 5,419 95 95 1 100 0 4 75 22 393 1,238 7,493 5,940 104 103 1 112 0 3 1,135 8,060 6,420 113 112 1 101 0 3 432 8 472 2,981 1,508 842 3,128 1,584 883 543 238 130 3 P) 53 5 17 0 12 0 273 10 19 2 23 103 39 19 28 17 3 10 B P) 1,038 362 210 0 65 266 121 4 P) 191 13 1,544 50 98 78 216 399 284 69 108 74 142 25 55 5 17 0 14 0 305 12 19 2 29 121 43 18 30 18 3 10 836 336 191 0 32 11 56 7 0 0 38 0 500 61 5 18 40 137 67 4 32 28 60 49 946 355 207 0 259 120 4 P) 171 14 1,473 43 87 71 199 375 299 62 102 74 137 24 457 208 112 3 9 2 51 4 16 0 12 0 249 9 16 2 26 97 29 19 22 16 4 9 495 222 118 209 8,371 309 366 456 1,224 1,131 958 1,606 1,352 337 441 191 2,771 1,389 781 3 32 54 248 101 4 0 155 12 1,382 47 74 68 163 363 290 60 97 69 125 25 62 9 0 0 41 0 591 69 6 20 41 188 71 5 42 26 67 56 65 9 0 0 40 0 675 73 7 23 43 239 81 5 48 27 71 59 Earnings by Place of Work . . . -148 Earnings by Industry 17 18 19 20 21 22 23 24 25 26 27 28 Farm Nonfarm Private Agricultural services, forestry, fisheries, and other9 Agricultural services Forestry, fisheries, and other9 Mining Coal mining Oil and gas extraction Metal mining Nonmetallic minerals, except fuels Construction . 8 i & 8 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 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 products 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 and computer equipment Electric equipment, except computer equipment Transportation equipment excluding motor vehicles Motor vehicles and equipment . Stone, clay and glass products Instruments and related products Miscellaneous manufacturing industries 53 54 55 56 57 58 59 Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric, gas, and sanitary services 4,474 371 1,011 40 1,490 798 764 4,740 379 1,033 39 1,635 811 843 4,819 417 1,093 37 1,592 843 837 6,347 503 1,621 79 1,168 2,013 963 6,417 529 1,702 65 1,197 1,905 1,018 6,611 556 1,752 52 1,159 2,025 1,066 1,779 585 601 2 94 381 116 1,897 604 659 2 119 386 128 1,999 637 704 1 126 395 137 631 97 163 0 49 110 212 668 103 173 0 56 114 221 712 119 185 0 61 117 230 487 18 231 0 43 101 93 523 20 246 0 48 110 99 558 24 260 0 52 118 104 60 61 62 63 64 Wholesale trade Retail trade Finance, insurance, and real estate Depository and nondepository credit institutions Other finance, insurance, and real estate 4,981 6,053 4,472 1,239 3,233 5,396 6,497 5,183 1,402 3,781 5,580 6,942 5,670 1,583 4,087 4,963 6,496 4,444 1,445 2,998 5,340 6,897 4,892 1,566 3,326 5,354 7,292 5,193 1,682 3,511 1,500 1,953 1,378 420 958 1,611 2,039 1,548 462 1,087 1,629 2,160 1,633 487 1,146 553 722 321 149 172 590 775 369 162 207 606 829 394 174 220 489 899 434 239 194 523 961 475 248 227 537 1,037 504 263 240 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 Services Hotels and other lodging places Personal services Private households Business services Auto repair services and parking . Miscellaneous repair services Amusement and recreation services Motion pictures Health services Legal services Educational services Social services Museums botanical zoological gardens Membership organizations Engineering and management services Miscellaneous services 15,196 423 595 91 2,487 502 186 574 106 5,399 1,140 618 786 32 620 1,494 145 16,864 447 625 100 2,921 527 193 716 117 5,979 1,269 644 846 33 649 1,638 160 18,019 459 659 106 3,253 563 209 808 136 6,369 1,339 677 910 35 675 1,650 172 16,194 471 643 124 2,262 579 206 597 191 6,145 1,204 934 435 21 721 1,523 137 17,592 495 692 137 2,512 595 217 642 194 6,743 1,306 992 482 21 754 1,660 148 18,912 537 732 144 2,790 670 246 709 199 7,136 1,375 1,083 542 22 785 1,785 158 4,448 90 187 39 909 165 75 143 16 1,615 264 190 151 6 171 402 26 4,840 95 199 42 1,002 167 79 175 16 1,763 286 203 165 5,178 97 211 45 1,122 186 80 189 18 1,853 300 215 177 1,546 56 69 14 134 51 20 26 6 795 66 38 li 1,683 59 76 15 147 53 25 29 6 863 70 42 82 181 467 30 77 105 14 & 115 15 1,686 85 69 14 166 65 26 62 9 778 75 66 72 t 93 89 14 1,865 88 75 15 185 66 27 82 c 864 83 69 81 174 440 28 1,792 59 81 16 171 60 24 37 7 899 73 47 8£ t 91 122 16 102 101 16 2,060 101 81 16 208 75 30 107 9 927 92 73 91 2 112 118 18 9,373 1,272 191 7,910 9,883 1,367 198 8,319 10,225 1,390 186 8,648 9,805 2,497 562 6,746 10,149 2,507 598 7,044 10,521 2,577 567 7,377 3,885 566 478 2,841 4,015 587 441 2,987 4,115 619 381 3,115 1,506 298 304 904 1,589 319 301 969 1,643 328 307 1,008 1,474 363 215 896 1,553 386 195 972 1,641 404 199 1,037 82 83 84 85 Government and government enterprises Federal civilian Military State and local See footnotes at end of table. ... fi 8 8 a SURVEY OF CURRENT BUSINESS Augusti994 • 75 and Earnings by Industry1,1991-93—Continued of dollars] Southeast 1991 1992 Alabama 1993 1,028,204 1,092,607 1,155,025 1,015,141 1,078,903 1,142,465 13,704 13,063 12,560 Florida Arkansas 199210 Louisiana Kentucky Georgia 199311 199210 Line 1991 1992 1993 1991 38,776 254,880 265,418 283,297 116,891 125,116 132,832 37,521 251,920 262,826 280,748 115,319 123,437 131,246 1,255 2,592 1,572 2,961 2,549 1,679 1,586 57,365 56,308 1,058 61,698 60,428 1,269 64,237 63,099 1,138 63,944 63,488 456 67,831 67,226 605 71,252 70,814 438 2 '3 1991 1992 1993 1991 1992 1993 63,808 62,547 1,261 68,254 67,155 1,099 71,620 70,517 1,103 34,276 33,207 1,069 37,312 35,804 1,509 1991 1993 1991 1992 1993 1 60,262 17,062 61,104 17,881 61,932 18,650 4,090 15,601 4,138 16,496 4,187 17,106 2,371 14,458 2,394 15,584 2,424 15,994 13,679 20,710 6,628 17,636 6,773 18,472 6,917 19,203 3,715 15,442 3,754 16,436 3,789 16,954 4,244 15,067 4,279 15,852 4,295 16,588 4 5 712,809 45,203 5,425 673,032 180,670 174,502 764,816 48,008 5,588 722,397 175,694 194,516 807,725 51,118 5,743 762,349 184,154 208,522 45,680 3,001 527 43,206 8,765 11,837 48,807 3,178 564 46,193 8,823 13,238 51,292 3,358 602 48,537 9,013 14,071 24,125 1,973 -217 21,936 5,196 7,145 26,618 2,123 -254 24,241 5,122 7,949 27,655 154,479 164,275 174,517 2,246 9,078 9,656 10,364 -262 603 657 643 25,146 146,004 155,262 164,811 5,179 65,261 61,249 66,266 8,450 43,616 48,907 52,220 88,215 -117 82,739 17,531 16,621 95,056 101,250 5,727 6,134 -135 -153 94,962 89,193 17,508 18,083 18,415 19,786 39,954 2,551 -2 37,401 8,962 11,002 43,575 2,737 -126 40,713 8,878 12,107 45,548 2,904 -117 42,527 9,031 12,680 45,544 3,341 -118 42,085 9,469 12,391 48,125 3,470 -104 44,551 9,224 14,056 49,977 3,631 -93 46,253 9,519 15,480 6 7 8 9 10 11 577,650 61,345 73,814 10,491 63,324 617,064 68,105 79,647 11,246 68,401 648,737 74,637 84,350 9,806 74,544 36,618 4,113 4,949 1,133 3,816 39,149 4,558 5,099 979 4,121 40,887 4,963 5,442 963 4,479 18,662 2,163 3,301 818 2,482 20,229 2,414 3,976 1,270 2,705 21,103 125,579 133,472 141,037 2,644 12,448 13,681 15,077 3,908 16,452 17,122 18,403 987 1,894 2,226 1,732 2,921 14,225 15,229 16,671 71,687 7,738 8,790 1,363 7,427 76,971 8,632 9,453 1,481 7,972 81,655 9,540 10,055 1,357 8,698 31,808 3,787 4,359 880 3,479 34,436 4,257 4,881 1,096 3,785 35,879 4,610 5,059 954 4,105 36,394 4,093 5,056 295 4,762 38,126 4,439 5,561 451 5,109 39,351 4,799 5,827 264 5,563 12 13 14 15 16 13,063 699,746 566,144 4,714 4,190 524 8,287 3,981 2,939 105 1,262 39,882 13,704 751,112 610,210 4,922 4,444 479 8,025 3,900 2,777 102 1,246 40,593 12,560 795,164 648,160 5,308 4,778 530 7,759 3,516 2,828 102 1,312 44,217 1,261 1,099 44,419 47,707 35,239 38,024 291 270 217 236 55 53 588 557 410 382 74 (D) 4 P) 91 97 2,494 2,489 1,103 50,189 40,135 319 261 58 558 375 77 4 102 2,621 1,069 23,056 19,052 197 180 17 133 P) P) (D\ 34 1,182 1,509 25,110 20,843 219 201 18 131 4 88 5 34 1,275 2,592 2,549 1,255 2,961 26,400 151,518 161,684 171,969 21,997 124,770 134,010 142,874 232 1,690 1,766 1,896 212 1,564 1,662 1,785 104 111 20 126 134 309 316 303 0 4 0 P) 87 39 44 60 5 16 16 P) 37 247 239 243 9,977 1,357 9,026 9,030 1,572 86,642 71,216 447 391 56 282 0 4 3 275 4,343 1,679 93,377 77,332 469 412 57 304 0 4 3 297 4,351 1,586 99,664 82,842 518 453 65 315 0 5 3 308 4,775 1,058 38,897 31,694 246 244 2 1,437 1,317 49 1 70 2,067 1,269 42,306 34,437 251 248 2 1,419 1,293 51 1 74 2,291 1,138 44,410 36,396 263 261 2 1,368 1,233 54 1 79 2,479 456 45,088 36,751 260 167 94 2,485 43 2,337 15 90 3,001 605 47,520 38,672 254 178 76 2,324 43 2,166 18 97 3,136 438 49,540 40,376 273 186 87 2,383 47 2,214 21 101 3,189 17 18 19 20 21 22 23 24 25 26 27 28 132,909 67,203 10,367 11,799 6,670 7,575 7,950 12,681 1,390 2,343 6,013 414 65,706 6,131 4,277 5,314 7,325 11,235 10,692 7,373 4,678 3,976 3,220 1,484 142,549 72,198 10,905 12,750 7,176 8,162 8,296 13,705 1,528 2,426 6,827 423 70,351 6,627 4,657 5,625 7,678 11,763 11,443 7,598 5,866 4,130 3,383 1,581 148,158 74,307 11,513 13,170 7,084 8,447 8,665 13,932 1,583 2,286 7,210 418 73,851 7,428 5,020 5,803 7,996 12,346 11,976 7,322 6,365 4,411 3,500 1,685 10,532 4,954 723 850 807 1,004 352 540 58 9 609 1 5,578 707 209 967 650 881 634 685 366 236 104 140 11,288 5,357 771 977 839 1,051 367 589 68 10 686 0 5,931 794 236 1,033 678 891 696 669 440 246 110 138 11,682 5,516 812 1,052 823 1,077 394 602 72 10 675 -1 6,166 900 264 1,032 678 944 750 636 462 255 108 136 5,796 2,775 1,081 76 157 530 278 210 38 0 333 71 3,021 534 205 291 440 454 462 152 149 122 141 72 6,200 2,961 1,153 86 182 555 270 220 45 0 373 76 3,240 566 222 310 458 490 492 154 186 135 147 79 6,564 3,108 1,230 70 184 596 280 229 45 0 396 78 3,455 621 229 349 476 527 522 150 202 142 153 84 15,789 5,966 1,383 99 540 523 1,862 920 59 31 511 38 9,823 477 276 180 883 1,582 2,134 2,154 172 589 1,165 211 16,519 6,278 1,412 100 578 581 1,934 986 63 32 552 39 10,241 489 286 181 863 1,605 2,339 2,191 221 589 1,260 216 16,837 6,424 1,472 100 584 595 2,003 957 70 35 572 36 10,413 548 314 185 910 1,583 2,454 2,020 235 645 1,270 250 15,713 9,066 1,791 2,461 923 1,296 1,147 743 37 174 466 27 6,647 793 207 610 553 846 1,018 1,041 542 552 324 161 16,905 9,730 1,883 2,635 1,000 1,406 1,193 802 41 203 539 28 7,175 868 214 615 600 912 1,106 1,205 573 565 351 166 17,644 10,186 2,064 2,776 980 1,439 1,260 847 41 184 570 25 7,457 975 243 617 641 980 1,125 1,140 588 590 382 176 8,759 3,745 637 182 450 309 551 657 201 262 467 27 5,015 274 87 694 554 1,026 895 92 871 298 102 121 9,531 4,078 679 205 524 353 561 694 238 270 526 28 5,453 296 99 735 603 1,034 957 115 1,058 326 109 123 9,982 4,182 701 201 532 379 589 720 210 260 561 31 5,800 333 112 762 637 1,092 990 119 1,176 344 107 127 6,839 4,205 504 74 154 529 249 1,852 749 0 93 0 2,634 385 15 94 483 419 237 652 143 135 29 44 7,175 4,495 533 94 163 553 250 1,983 804 0 115 0 2,679 419 16 96 479 424 228 616 157 150 41 52 7,352 4,625 522 96 168 549 257 2,053 848 0 132 0 2,727 462 18 100 446 445 225 607 164 168 43 50 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 50,689 2,997 12,671 2,075 10,123 12,840 9,983 54,022 3,133 13,670 2,011 10,888 13,605 10,716 57,059 3,119 14,709 2,013 11,665 14,512 11,041 3,121 217 869 844 3,226 224 930 P) P) 936 874 3,431 223 1,009 P) P) 980 936 2,016 234 834 9 106 355 478 2,167 254 885 9 117 349 553 2,251 269 935 12 130 381 524 10,016 368 1,887 548 2,617 2,796 1,800 10,698 401 1,998 583 2,694 3,078 1,944 11,465 407 2,156 593 3,010 3,332 1,967 7,947 404 1,686 73 2,162 2,459 1,164 8,806 423 1,931 69 2,433 2,694 1,256 9,372 420 2,099 70 2,539 2,962 1,282 2,932 283 994 97 472 467 620 3,139 281 1,091 97 531 481 659 3,278 255 1,167 90 588 503 675 3,828 192 708 789 525 655 960 3,918 212 727 744 558 657 1,020 4,032 227 787 748 579 693 998 53 54 55 56 57 58 59 44,294 74,095 41,190 14,500 26,690 47,383 78,940 45,573 15,708 29,865 49,267 84,011 48,733 17,068 31,665 2,518 4,296 2,090 808 1,282 2,718 4,589 2,356 90V 1,455 2,849 4,915 2,496 978 1,518 1,262 2,685 1,052 395 657 1,372 2,963 1,181 424 757 1,455 3,102 1,281 451 829 9,778 18,579 11,992 3,754 8,238 10,602 19,677 13,315 4,000 9,315 11,044 20,907 14,143 4,241 9,902 8,006 8,374 6,045 1,879 4,166 8,574 8,915 6,598 2,041 4,557 8,985 9,686 6,967 2,228 4,739 2,080 4,137 1,785 728 1,058 2,238 4,428 2,000 793 1,207 2,293 4,737 2,199 847 1,353 2,602 4,320 2,257 821 1,437 2,722 4,577 2,390 852 1,537 2,775 4,792 2,525 914 1,610 60 61 62 63 64 170,083 6,952 6,387 2,089 27,612 5,320 2,672 6,500 1,202 60,524 12,277 5,963 4,357 178 6,337 20,827 886 188,203 7,255 6,846 2,319 31,120 5,548 2,839 7,503 1,264 67,306 13,627 6,339 4,903 208 6,652 23,474 1,000 203,648 7,619 7,293 2,458 35,703 6,129 3,137 8,362 1,401 72,318 14,313 6,283 5,428 222 6,980 24,939 1,061 9,335 216 371 129 1,206 324 177 179 69 3,644 706 256 211 2 408 1,389 48 10,505 227 400 142 1,401 338 199 201 71 4,070 809 262 237 3 425 1,666 53 11,263 232 423 150 1,566 375 215 213 77 4,365 856 271 259 3 445 1,757 56 4,729 138 220 55 635 200 83 110 29 2,184 266 111 178 1 191 301 28 5,336 144 240 60 733 204 91 122 30 2,460 291 116 205 1 199 406 32 5,623 148 254 64 822 226 100 128 32 2,595 310 121 222 1 206 360 34 47,591 2,610 1,564 578 7,529 1,437 681 2,858 282 16,859 3,718 1,209 1,272 41 1,552 5,237 163 52,087 2,734 1,671 642 8,499 1,504 703 3,229 304 18,466 4,071 1,262 1,426 45 1,631 5,718 184 56,301 2,954 1,795 682 9,975 1,648 785 3,407 357 19,611 4,192 1,326 1,563 49 1,707 6,062 188 20,060 865 715 245 3,920 667 294 529 308 6,323 1,614 780 388 14 730 2,495 173 22,411 912 775 274 4,457 697 309 663 333 7,322 1,772 835 434 16 765 2,661 186 24,579 915 826 293 5,137 781 339 743 364 7,959 1,881 923 491 18 803 2,908 199 8,250 218 374 94 1,028 291 116 203 43 3,879 541 262 222 7 321 613 37 9,140 229 402 104 1,174 304 124 216 46 4,325 617 277 249 8 336 689 42 9,796 241 426 110 1,347 341 135 234 51 4,560 656 292 271 8 351 727 46 11,158 382 339 164 1,608 286 202 267 46 4,288 1,304 472 240 6 366 1,132 57 12,176 • 13,055 399 402 364 388 190 181 1,655 1,803 326 299 210 236 313 365 50 60 4,770 5,160 1,435 1,490 495 526 273 298 17 16 384 401 1,251 1,303 82 89 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 133,602 28,124 17,842 87,637 140,902 29,851 19,669 91,382 147,005 31,103 18,925 96,977 9,181 2,370 850 5,961 9,683 2,499 915 6,269 10,054 2,520 916 6,619 4,004 753 348 2,903 4,267 802 317 3,148 4,403 824 265 3,314 26,748 4,458 3,092 19,197 27,674 4,812* 3,212 19,649 29,095 5,010 2,946 21,138 15,427 3,512 1,752 10,163 16,045 3,678 2,080 10,286 16,822 3,859 2,046 10,917 7,203 1,405 870 4,927 7,869 1,472 1,101 5,296 8,013 1,496 1,059 5,459 8,337 1,306 924 6,107 9,163 1,424 814 6,925 82 83 84 85 13,273 19,203 13,483 19,686 C OCQ 0,00*7 8,848 1,387 925 6,536 SURVEY OF CURRENT BUSINESS August 1994 Table 3.—Personal Income by Major Source [Millions Mississippi Item Line North Carolina 1991 1992 1993 1991 1992 South Carolina 1993 " 1991 1992 Virginia Tennessee 1993 » 1991 1992 1993 1991 1992 1993 u Income by Place of Residence 1 2 3 Total personal income (lines 6-11) Nonfarm personal income Farm income (line 17)2 34,243 33,702 541 36,744 35,952 792 38,869 38,383 485 113,445 110,869 2,576 121,880 119,456 2,424 129,790 127,207 2,583 55,077 54,677 401 58,262 57,893 368 61,236 60,903 332 81,659 81,201 459 88,553 87,892 661 93,894 93,373 521 126,229 125,583 646 133,452 132,831 622 139,831 139,353 478 4 5 Population (thousands)3 Per capita personal income (dollars) 4 2,592 13,210 2,615 14,050 2,643 14,708 6,749 16,810 6,836 17,828 6,945 18,688 3,561 15,469 3,603 16,171 3,643 16,810 4,952 16,489 5,025 17,622 5,099 18,415. 6,288 20,074 6,394 20,870 6,491 21,544 23,066 1,490 745 22,320 4,514 7,409 24,960 1,577 765 24,148 4,379 8,217 26,503 1,705 789 25,587 4,508 8,774 85,201 5,275 92,372 5,656 98,279 6,059 -676 -629 -728 79,442 16,626 17,378 86,186 16,555 19,140 91,639 17,179 20,972 44,444 2,887 587 42,144 7,854 11,238 71,064 4,692 -581 42,308 2,721 545 40,133 7,628 10,501 66,695 4,376 -530 40,087 2,602 506 37,991 7,643 9,444 61,118 4,065 -484 56,377 11,312 13,971 61,690 11,228 15,636 65,645 11,559 16,690 88,474 5,325 4,606 87,754 21,365 17,109 94,100 5,597 4,804 93,307 21,097 19,048 98,620 5,900 4,994 97,715 21,886 20,231 18,244 2,097 2,724 360 2,364 19,455 2,333 3,171 621 2,550 20,816 2,587 3,100 293 2,808 68,803 7,255 9,143 2,257 6,886 74,547 8,150 9,675 2,117 7,558 78,752 9,003 10,524 2,259 8,265 33,156 3,450 3,482 308 3,174 34,858 3,805 3,645 281 3,364 36,390 4,172 3,882 231 3,650 48,642 5,461 7,015 327 6,687 52,665 6,212 7,818 534 7,284 55,890 6,828 8,346 386 7,960 74,489 7,101 6,884 483 6,401 78,833 7,835 7,433 465 6,967 82,247 8,538 7,835 313 7,522 541 22,525 17,741 173 128 44 178 0 162 0 16 1,073 792 24,167 19,152 183 141 42 179 0 162 0 17 1,144 485 26,018 20,728 195 147 48 187 0 168 0 18 1,320 2,576 82,625 67,901 478 426 53 182 0 4 2 175 4,640 2,424 89,947 73,732 492 445 47 124 0 4 2 119 4,799 2,583 95,696 78,682 534 482 52 132 0 4 2 127 5,313 401 39,687 31,229 219 178 41 60 1 1 11 47 2,745 368 41,940 33,156 230 185 46 61 0 2 13 46 2,600 332 44,112 35,137 246 196 50 67 0 2 12 53 2,778 459 60,660 51,447 260 257 3 195 52 12 33 98 3,159 661 66,034 56,509 276 274 2 195 45 14 35 102 3,365 521 70,543 60,421 298 294 4 200 40 15 34 110 3,721 646 87,829 65,367 416 381 35 650 534 23 2 90 5,254 622 93,478 69,787 429 400 29 665 545 24 2 93 5,164 478 98,142 73,539 466 434 31 642 512 25 2 103 5,614 14,641 6,987 1,111 443 923 797 967 1,685 34 42 848 137 7,655 446 551 568 1,341 1,112 1,000 406 1,164 426 339 301 16,150 7,588 1,189 484 994 872 1,051 1,764 33 52 1,003 145 8,562 475 635 603 1,403 1,187 1,110 400 1,582 474 351 341 17,061 7,820 1,243 505 1,005 903 1,089 1,779 36 51 1,071 138 9,241 542 695 632 1,504 1,291 1,195 394 1,737 532 358 362 12,821 6,379 911 797 398 661 1,088 1,218 31 718 534 22 6,442 593 407 433 608 718 1,335 1,263 325 373 299 88 13,439 6,755 976 863 429 704 1,148 1,256 33 728 598 19 6,684 637 443 457 615 796 1,336 1,274 420 350 270 88 13,663 6,7.51 1,022 890 392 710 1,198 1,154 37 669 659 21 6,912 707 470 464 629 844 1,314 1,254 462 362 310 96 5,844 447 1,094 187 1,115 2,026 975 6,187 463 1,165 178 1,207 2,119 1,055 6,420 467 1,224 170 1,303 2,133 1,123 Derivation of Total Personal Income 6 7 8 9 10 11 Earnings by place of work (line 12-16 or 17-85) 5 L&SS' Personal contributions for6 social insurance Plus' Adjustment for residence Equsls' Net earnings by place of residence Plus: Dividends, interest, and rent7 Plus' Transfer payments . .. 12 13 14 15 16 Components of earnings Wages and salaries Other labor income 8 Proprietors' income Farm 8 Nonfarm Earnings by Place of Work . . . . Earnings by Industry 17 18 19 20 21 22 23 24 25 26 27 28 Farm Nonfarm Private Agricultural services, forestry, fisheries, and other9 Agricultural services Forestry fisheries and other9 .. Mining Coal mining Oil and gas extraction Metal mining Nonmetallic minerals except fuels Construction ... 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 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 products 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 and computer equipment Electric equipment, except computer equipment Transportation equipment excluding motor vehicles Motor vehicles and equipment Stone, clay, and glass products Instruments and related products Miscellaneous manufacturing industries 5,897 2,387 561 128 497 344 168 277 120 0 286 6 3,510 600 545 120 343 381 533 591 110 140 65 83 6,351 2,575 589 150 515 364 179 296 137 0 339 6 3,775 647 597 119 360 419 562 639 134 145 64 90 6,694 2,676 614 147 512 378 188 311 150 0 370 5 4,018 729 647 124 367 436 607 672 138 149 63 85 22,669 12,707 1,221 4,463 1,191 840 847 1,952 25 1,096 1,010 62 9,962 801 1,667 412 823 2,487 1,763 149 638 609 449 162 24,616 13,829 1,254 4,828 1,281 908 889 2,300 25 1,120 1,162 62 10,787 880 1,788 475 910 2,600 1,880 140 831 637 469 178 25,721 14,199 1,328 4,935 1,258 966 943 2,391 28 1,066 1,219 65 11,522 999 1,896 542 949 2,688 2,010 137 909 703 490 199 10,609 6,746 353 2,211 579 715 318 1,755 16 6 791 2 3,864 352 92 323 479 1,169 602 130 187 288 158 85 11,419 7,203 367 2,311 629 783 320 1,910 18 5 860 _•< 4,216 368 105 348 533 1,264 659 130 253 300 162 93 11,913 7,445 390 2,379 608 827 325 1,984 21 5 909 -1 4,468 397 116 340 564 1,376 710 123 277 303 162 100 53 54 55 56 57 58 59 Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric gas and sanitary services 1,559 74 543 66 112 351 413 1,635 81 559 61 129 355 451 1,710 85 586 61 142 386 449 5,459 170 1,734 69 1,160 1,075 1,251 5,814 170 1,867 47 1,214 1,196 1,320 6,166 160 1,992 42 1,250 1,305 1,418 2,234 125 489 72 283 569 696 2,311 126 539 62 294 565 724 2,439 118 585 62 307 601 765 4,301 281 1,511 (D) (D) 867 242 4,596 293 1,634 886 277 4,924 291 1,801 (D) (D) 942 302 60 61 62 63 64 Wholesale trade Retail trade . . . . Finance insurance and real estate Depository and nondepository credit institutions Other finance insurance and real estate 1,150 2,424 1,047 460 587 1,240 2,595 1,147 492 655 1,294 2,787 1,205 520 685 5,335 8,607 4,260 1,691 2,570 5,723 9,163 4,802 1,886 2,915 5,952 9,753 5,193 2,101 3,091 1,799 4,362 1,821 702 1,119 1,851 4,646 1,913 748 1,165 1,935 4,976 2,021 782 1,239 4,099 6,494 3,182 1,099 2,084 4,407 7,087 3,532 1,199 2,333 4,591 7,582 3,814 1,316 2,498 4,809 8,187 5,034 1,889 3,145 5,036 8,570 5,655 2,084 3,572 5,189 8,948 6,165 2,382 3,783 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 Services Hotels and other lodging places Personal services Private households Business services Auto repair services and parking Miscellaneous repair services Amusement and recreation services Motion pictures Health services Legal services Educational services Social services Museums botanical zoological gardens Membership organizations Engineering and management services Miscellaneous services 4,239 111 188 97 452 176 121 73 26 1,772 355 154 119 2 201 358 34 4,677 113 205 107 495 182 135 121 29 1,958 399 158 134 2 211 393 35 5,336 123 220 112 565 201 164 351 31 2,150 435 163 147 3 220 416 37 16,270 480 742 182 2,684 562 267 510 114 5,518 920 1,123 554 19 666 1,848 81 18,199 498 790 201 3,161 594 283 586 95 6,140 1,037 1,225 635 23 706 2,137 89 19,918 519 843 214 3,725 653 310 649 103 7,072 1,106 842 713 26 743 2,307 95 7,379 386 336 112 1,205 279 190 286 38 2,263 542 231 238 5 311 916 42 8,125 406 360 124 1,313 283 206 319 49 2,517 643 246 265 6 329 1,013 45 8,762 431 381 131 1,482 313 223 349 52 2,698 685 260 289 6 347 1,067 49 15,114 605 609 134 2,208 428 208 763 99 5,979 765 597 255 16 555 1,827 65 16,900 619 659 149 2,528 455 223 911 108 6,728 848 639 289 21 586 2,065 72 18,230 648 698 158 2,848 504 241 1,036 122 7,099 901 682 325 24 613 2,253 78 22,354 814 783 265 4,810 577 256 600 133 6,063 1,269 683 553 62 916 4,429 142 24,642 839 823 295 5,338 591 274 691 132 6,618 1,389 732 599 66 955 5,139 160 26,433 860 874 314 6,007 652 302 747 137 6,977 1,466 717 659 66 1,012 5,413 170 4,784 919 552 3,314 5,016 990 575 3,451 5,290 1,041 614 3,635 14,724 1,937 2,179 10,609 16,215 2,164 2,810 11,241 17,014 2,209 2,870 11,936 8,457 1,317 1,566 5,575 8,784 1,303 1,600 5,880 8,974 1,333 1,447 6,194 9,213 2,288 446 6,478 9,524 2,286 444 6,794 10,122 2,386 415 7,321 22,461 7,267 5,183 10,011 23,691 7,807 5,601 10,283 24,603 8,302 5,457 10,844 82 83 84 85 Government and government enterprises Federal civilian Military , State and local See footnotes at end of table. 8 SURVEY OF CURRENT BUSINESS August 1994 • 77 and Earnings by Industry1,1991-93 of dollars] Southwest West Virginia 1991 New Mexico Arizona Oklahoma 1992 1993 1991 1992 1993 1991 1992 1993 437,913 470,588 497,775 432,934 465,333 491,069 5,254 4,979 6,705 62,779 62,001 777 67,001 66,353 648 71,317 70,577 740 22,930 22,498 432 24,550 24,093 457 26,402 25,823 579 49,593 48,784 810 52,807 51,819 988 55,047 302,612 53,883 299,651 1,164 2,960 26,302 17,892 26,816 18,563 3,746 16,760 3,832 17,483 3,936 18,119 1,547 14,818 1,582 15,520 1,616 16,333 3,168 15,656 3,205 16,475 3,231 17,035 17,926 1,190 45 16,780 4,004 7,302 18,576 322,861 347,500 369,037 1,238 20,088 21,304 22,636 47 272 319 311 17,384 303,044 326,514 346,712 4,077 68,597 68,265 70,156 7,930 66,272 75,808 80,906 43,104 2,656 225 40,673 11,424 10,681 46,113 2,811 243 43,545 11,387 12,069 49,346 3,020 253 46,579 11,771 12,967 16,145 1,093 58 15,110 3,593 4,227 17,290 1,155 63 16,198 3,659 4,693 18,701 1,246 61 17,516 3,805 5,080 34,156 2,451 578 32,283 7,899 9,411 13,568 1,638 1,660 39 1,621 14,323 1,789 1,813 57 1,756 14,731 254,354 270,904 284,188 1,877 28,553 31,183 34,135 1,968 39,953 45,412 50,714 67 4,167 3,861 5,510 36,092 41,245 45,204 1,901 35,456 3,498 4,150 578 3,572 37,720 3,879 4,514 441 4,073 40,072 4,327 4,946 508 4,438 13,008 1,384 1,754 339 1,415 13,859 1,511 1,920 360 1,559 14,823 1,680 2,198 471 1,726 65 16,801 13,737 58 57 1 1,787 1,620 137 2 28 903 83 17,843 14,557 63 62 1 1,749 1,588 129 2 30 947 5,254 93 6,705 4,979 18,482 317,882 342,245 362,332 15,033 262,012 282,350 299,361 68 2,078 2,199 2,370 66 1,967 2,098 2,262 1 100 110 108 1,471 13,268 13,985 14,407 1,304 497 451 458 132 11,852 12,487 12,967 2 636 648 631 33 328 354 350 1,071 17,382 18,248 19,560 777 42,327 34,331 365 360 4 584 61 5 497 21 2,445 648 45,465 37,098 390 386 4 632 62 5 538 27 2,584 740 48,606 39,853 424 420 5 620 63 6 521 30 2,918 432 15,713 11,291 92 90 2 644 113 355 83 93 797 457 16,833 12,129 100 98 2 633 123 344 69 97 893 2,842 1,287 91 14 52 27 123 870 19 5 65 19 1,555 170 15 622 169 159 79 60 12 208 45 17 2,957 1,349 98 17 43 29 133 905 22 5 76 20 1,608 189 16 652 177 141 78 66 13 212 48 17 3,046 1,374 115 20 36 30 139 906 23 7 77 22 1,672 215 16 657 194 140 75 71 15 218 54 19 49,502 19,150 3,469 135 1,202 1,139 3,042 5,916 2,283 2 1,789 174 30,353 1,077 511 1,721 3,573 6,601 6,331 4,864 1,072 1,441 2,346 815 51,745 20,696 3,649 146 1,342 1,223 3,174 6,571 2,464 2 1,931 195 31,049 1,171 548 1,748 3,773 6,390 6,427 4,999 1,163 1,507 2,467 857 54,344 21,661 3,802 149 1,471 1,278 3,324 6,878 2,469 2 2,101 187 32,683 1,359 609 1,789 3,886 6,731 7,133 4,853 1,261 1,625 2,536 902 6,397 1,232 260 15 72 66 464 182 5 0 160 9 5,166 144 66 252 264 682 1,574 1,253 85 160 578 109 6,602 1,326 275 17 68 72 486 231 6 0 160 10 5,276 155 75 311 309 563 1,645 1,229 118 164 591 117 6,957 1,437 301 19 76 77 518 246 6 0 184 9 5,520 177 85 313 327 554 1,827 1,191 141 179 601 124 1,272 353 87 18 32 6 110 41 41 0 13 6 920 54 13 62 31 93 249 104 56 67 137 54 1,432 201 325 32 60 274 540 1,525 206 345 34 70 289 582 1,571 197 368 34 77 294 602 26,180 1,090 4,753 569 7,025 5,241 7,502 28,012 1,197 5,049 566 7,642 5,402 8,156 29,839 1,299 5,411 582 8,157 5,919 8,470 2,684 97 502 4 801 656 623 2,807 109 536 4 823 679 657 3,012 120 583 4 884 717 703 855 1,632 624 276 348 899 1,729 684 289 395 905 1,825 724 305 419 21,285 33,013 17,934 6,430 11,504 22,526 35,115 21,579 6,938 14,641 23,165 37,277 22,846 7,440 15,406 2,454 4,859 2,791 1,111 1,680 2,693 5,168 3,402 1,289 2,114 3,605 127 147 36 326 94 74 122 15 1,752 277 84 126 2 120 283 17 4,004 137 157 39 368 97 82 131 16 1,931 315 92 156 2 125 335 19 4,352 147 166 41 425 110 87 140 18 2,071 335 101 190 2 131 366 20 81,370 2,804 2,996 989 15,404 2,766 1,261 2,483 524 25,942 7,838 2,182 1,917 77 2,810 10,866 511 88,941 2,882 3,260 1,103 17,051 2,903 1,321 2,806 560 28,464 8,478 2,255 2,130 83 2,957 12,131 556 95,555 2,952 3,463 1,174 18,876 3,185 1,444 3,103 636 30,520 8,776 2,357 2,298 89 3,113 12,980 586 11,752 784 434 103 2,032 448 167 415 67 3,964 893 266 387 17 436 1,282 57 3,064 592 79 2,393 3,286 649 89 2,547 3,450 700 76 2,674 55,870 11,389 5,393 39,087 59,895 12,116 5,852 41,927 62,971 12,493 5,858 44,620 7,996 1,568 704 5,724 1992 1993 26,385 26,320 65 28,086 28,003 83 29,392 29,298 93 1,799 14,665 1,809 15,527 1,820 16,148 16,866 1,143 54 15,777 4,029 6,580 25,813 16,965 1992 1993 Rocky Mountain Texas 1991 1991 Line 1991 1992 1993 130,157 127,339 2,818 139,385 136,947 2,438 149,761 146,369 3,392 1 2 3 18,031 19,134 7,440 17,495 7,629 18,271 7,834 19,116 4 5 36,329 2,563 625 34,390 7,981 10,436 38,023 229,455 247,768 262,968 2,699 13,887 14,776 15,672 -612 651 -589 -655 35,976 214,978 232,381 246,641 8,067 45,680 45,239 46,513 11,005 41,954 48,610 51,855 95,371 6,361 233 89,244 22,086 18,827 102,835 6,803 233 96,265 22,374 20,747 111,448 7,347 227 104,327 23,131 22,303 6 7 8 9 10 11 26,737 2,980 4,440 673 3,767 28,103 3,256 4,969 858 4,111 29,029 3,503 5,491 1,022 4,469 191,222 200,264 22,537 24,624 34,009 38,079 2,508 3,508 31,501 34,570 74,974 7,734 12,663 2,281 10,382 80,950 8,632 13,254 1,883 11,371 86,513 9,632 15,302 2,770 12,532 12 13 14 15 16 579 18,122 13,199 110 108 2 675 142 377 68 88 1,066 810 33,347 26,177 204 201 3 1,893 24 1,817 7 44 1,420 988 35,341 27,715 219 215 4 1,919 24 1,843 8 45 1,484 1,164 3,162 4,222 2,960 36,859 226,495 244,606 258,745 29,012 190,213 205,408 217,297 236 1,417 1,490 1,600 232 1,399 1,316 1,503 4 91 97 101 1,924 10,147 10,801 11,187 20 288 253 233 1,846 9,676 10,295 10,738 9 48 33 32 48 185 184 170 1,607 12,720 13,287 13,969 2,818 2,438 92,553 100,397 74,370 80,971 650 708 608 664 42 44 3,073 3,092 907 926 1,170 1,161 606 573 391 431 5,330 5,935 3,392 108,056 87,785 778 731 47 3,215 966 1,218 594 437 6,852 17 18 19 20 21 22 23 24 25 26 27 28 1,280 363 90 16 38 6 114 44 39 0 11 5 917 56 15 58 34 85 246 112 47 69 135 61 1,382 400 99 15 42 7 129 47 41 0 16 4 982 55 18 57 38 85 302 96 53 76 129 73 5,339 1,786 383 15 104 133 290 138 316 0 400 7 3,553 89 53 165 594 1,076 282 358 413 300 159 65 5,458 1,893 404 15 107 140 304 150 318 0 448 7 3,565 83 57 159 617 1,043 280 357 430 309 161 68 5,655 1,964 426 15 113 145 314 159 316 0 469 7 3,691 97 67 169 645 1,121 289 318 439 303 167 76 36,493 15,779 2,739 87 994 935 2,177 5,555 1,922 2 1,216 152 20,714 791 379 1,242 2,684 4,749 4,227 3,149 518 915 1,472 588 38,406 17,115 2,880 97 1,128 1,006 2,271 6,146 2,101 2 1,311 173 21,291 877 401 1,219 2,813 4,700 4,256 3,301 569 965 1,580 611 40,351 17,860 2,977 100 1,240 1,049 2,363 6,425 2,105 2 1,432 167 22,490 1,030 439 1,250 2,875 4,970 4,717 3,247 629 1,066 1,638 629 13,318 4,617 1,672 15 155 285 1,145 817 197 0 281 47 8,701 1,252 173 424 635 1,738 1,108 1,402 161 468 1,047 294 14,098 4,957 1,753 16 166 306 1,230 919 214 0 296 56 9,140 1,362 211 437 690 1,935 1,064 1,304 201 509 1,101 325 14,900 5,273 1,847 16 177 324 1,313 975 235 0 329 57 9,627 1,518 229 473 734 2,081 1,208 1,105 251 544 1,126 358 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 1,102 91 273 0 140 226 372 1,132 101 277 0 155 224 375 1,198 101 289 1 180 233 395 2,797 100 536 4 904 524 729 2,988 103 598 4 951 525 807 3,146 104 642 5 993 556 845 19,597 802 3,443 560 5,180 3,834 5,779 21,085 884 3,637 557 5,715 3,974 6,317 22,483 974 3,898 572 6,100 4,413 6,527 7,901 763 1,787 9 1,590 2,278 1,475 8,417 824 1,904 8 1,684 2,439 1,558 9.086 890 2,032 8 1,824 2,653 1,677 53 54 55 56 57 58 59 2,813 5,593 3,672 1,403 2,269 681 1,813 628 265 363 755 1,956 739 287 452 796 2,114 816 322 494 1,825 3,530 1,708 652 1,057 1,951 3,703 1,851 680 1,171 1,890 3,874 1,942 720 1,222 16,325 22,811 12,807 4,402 8,405 17,127 24,287 15,587 4,683 10,904 17,666 25,696 16,415 4,995 11,421 5,512 9,691 5,281 1,748 3,533 5,863 10,549 6,109 1,969 4,141 6,148 11,399 6,898 2,283 4,615 60 61 62 63 64 12,818 817 474 116 2,281 471 174 451 68 4,383 939 283 420 18 467 1,397 60 13,843 859 500 124 2,540 538 197 515 80 4,661 968 293 439 20 500 1,551 59 4,262 187 133 43 605 135 53 104 24 1,186 277 98 126 2 162 1,074 54 4,641 203 143 48 661 141 57 112 26 1,305 288 110 149 2 172 1,169 56 5,042 216 156 51 722 156 61 121 28 1,416 297 122 166 2 186 1,289 56 7,460 147 329 90 1,166 338 127 197 35 2,716 665 217 259 6 379 735 55 8,144 147 353 99 1,286 357 133 214 37 3,024 700 229 298 6 399 803 59 8,739 147 370 105 1,442 388 149 232 42 3,259 723 237 326 6 417 837 61 57,897 1,685 2,100 753 11,600 1,846 914 1,767 397 18,076 6,003 1,601 1,145 53 1,833 7,775 347 63,337 1,715 2,291 840 12,823 1,934 957 2,028 429 19,752 6,552 1,633 1,263 58 1,919 8,762 381 67,930 1,731 2,437 894 14,172 2,103 1,038 2,235 487 21,185 6,788 1,706 1,368 62 2,010 9,304 410 23,612 1,067 773 183 4,365 822 364 975 190 7,066 1,589 767 619 21 1,165 3,479 167 26,200 1,133 845 205 4,977 859 382 1,188 203 7,870 1,754 805 695 25 1,238 3,837 186 28,510 1,216 916 220 5,526 970 418 1,324 272 8,469 1,816 866 770 26 1,303 4,199 200 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 8,367 1,671 701 5,995 8,753 1,746 689 6,318 4,423 1,083 480 2,860 4,704 1,171 502 3,031 4,922 1,238 502 3,183 7,169 1,720 806 4,643 7,625 1,846 913 4,867 7,847 1,880 902 5,065 36,281 7,019 3,404 25,859 39,198 7,428 3,737 28,034 41,449 7,630 3,764 30,054 18,183 4,481 1,792 11,910 19,426 4,757 1,895 12,775 20,270 5,010 1,898 13,363 82 83 84 85 1991 17,352 17,440 179,154 20,691 29,610 2,271 27,339 1992 1993 326,230 345,009 323,068 340,786 3,162 4,222 17,683 18,449 SURVEY OF CURRENT BUSINESS August 1994 Table 3.—Personal Income by Major Source [Millions Colorado Idaho Utah Montana Wyoming Item Line 1991 1992 1993 1991 1992 1993 1991 1992 1993 1991 1992 1993 66,536 65,670 867 71,292 70,614 678 76,581 75,620 960 16,452 15,540 913 17,775 16,914 861 19,279 18,143 1,136 12,753 12,182 571 13,469 13,068 401 14,617 13,877 740 26,038 25,807 230 28,078 27,801 278 30,010 29,723 287 8,378 8,140 238 8,770 8,550 220 9,275 9,005 270 3,370 19,745 3,465 20,577 3,566 21,475 1,038 15,854 1,066 16,676 1,099 17,540 807 15,793 822 16,379 839 17,413 1,767 14,737 1,811 15,503 1,860 16,138 458 18,295 465 18,871 470 19,724 49,314 3,319 78 46,073 11,748 8,716 53,230 3,553 80 49,757 11,855 9,680 57,669 3,842 77 53,905 12,294 10,381 11,954 820 162 11,296 2,599 2,558 13,000 887 163 12,277 2,676 2,822 14,289 966 158 13,482 2,770 3,026 8,364 649 -19 7,696 2,576 2,481 8,825 693 -10 8,122 2,651 2,697 9,758 745 -10 9,003 2,701 2,913 19,927 1,239 10 18,698 3,451 3,889 21,691 1,325 6 20,372 3,475 4,231 23,253 1,427 8 21,834 3,613 4,563 5,812 333 2 5,481 1,713 1,185 6,088 345 -7 5,736 1,717 1,317 6,479 368 -7 6,103 1,753 1,419 39,576 4,063 5,675 698 4,977 42,739 4,522 5,969 503 5,466 45,819 5,056 6,794 765 6,029 8,507 885 2,562 740 1,821 9,302 999 2,700 683 2,016 9,996 1,125 3,168 936 2,232 6,111 623 1,631 471 1,159 6,580 694 1,551 299 1,252 6,997 765 1,996 625 1,371 16,328 1,712 1,887 180 1,707 17,691 1,924 2,076 226 1,849 18,847 2,145 2,261 229 2,031 4,451 452 908 190 718 4,638 492 958 171 788 4,854 542 1,083 215 869 867 48,447 39,476 282 276 6 1,219 308 665 210 35 2,555 678 52,552 42,982 311 307 4 1,190 327 625 193 46 2,921 960 56,709 46,662 345 340 5 1,257 349 642 217 50 3,482 913 11,042 8,986 174 155 18 197 0 0 102 94 844 861 12,139 9,896 187 165 23 203 0 1 84 118 948 1,136 13,154 10,798 202 180 23 191 0 1 69 121 1,066 571 7,793 6,036 83 72 11 270 76 54 109 31 446 401 8,424 6,541 88 78 10 263 64 55 111 32 493 740 9,018 7,051 96 84 12 267 65 59 112 31 539 230 19,697 15,683 60 57 3 380 126 83 144 27 1,095 278 21,413 17,138 66 64 3 403 131 90 153 30 1,180 287 22,966 18,556 74 71 3 408 128 90 163 27 1,344 238 5,574 4,188 52 48 4 1,007 397 367 40 202 390 220 5,868 4,413 55 51 4 1,033 404 390 34 206 393 270 6,209 4,718 60 56 4 1,092 425 427 33 208 421 2,286 867 454 2 6 113 101 170 0 0 17 4 1,418 780 12 4 61 260 213 19 16 29 12 13 2,484 913 464 1 6 121 107 189 0 0 21 3 1,571 840 15 4 63 308 241 22 18 32 13 15 2,775 954 487 1 7 124 111 198 1 0 22 3 1,821 931 17 6 67 373 316 24 21 36 13 17 684 241 64 0 13 39 57 21 44 0 2 0 444 263 7 63 18 17 10 3 5 27 7 23 732 257 68 782 275 72 3,379 907 288 3,548 1,000 304 62 24 59 0 6 i s 291 9 57 18 16 6 4 6 29 8 31 318 11 48 19 21 6 6 7 31 8 33 ?3 56 231 119 61 0 69 P) 2,473 81 82 257 223 343 305 606 131 104 205 137 65 248 145 70 0 85 P) 2,548 96 90 273 237 365 282 534 176 121 220 155 294 168 24 0 1 0 36 44 56 0 6 1 126 34 1 13 13 33 1 7 0 18 3 3 299 164 24 P) 59 22 53 0 3,203 853 268 6 69 52 214 123 53 0 67 1 2,351 77 71 236 197 261 390 618 99 99 183 120 P) 37 47 48 0 6 1 135 37 1 14 13 35 2 8 1 19 3 2 321 182 30 P) 2 P) 38 53 50 0 7 1 139 40 2 15 13 35 2 6 1 20 3 3 752 113 268 5 78 128 160 808 117 285 5 85 140 177 771 169 215 0 80 124 182 808 178 219 0 90 130 190 862 200 221 0 98 138 205 1,594 131 457 0 370 270 365 1,709 144 487 0 412 283 383 1,874 150 529 0 455 319 421 571 154 140 1 43 70 163 586 153 145 1 43 70 174 612 158 152 1 48 73 179 1991 1992 1993 Income by Place of Residence 1 Total personal income (lines 6-11) 2 Nonfarm personal income Farm income (line 17)2 3 4 5 Population (thousands) 3 Per capita personal income (dollars) 4 Derivation of Total Personal Income 6 7 8 9 10 11 Earnings by place of work (line 12-16 or 17-85) 5 L&SS' Personal contributions for6 social insurance Plus' Adjustment for residence Equate" Net earnings by place of residence Plus' Dividends interest and rent7 Plus' Transfer payments 12 13 14 15 16 Components of earnings: Wages and salaries Other labor income 8 Proprietors' income Farm Nonfarm 8 Earnings by Place of Work Earnings by Industry 17 18 19 20 21 22 23 24 25 26 27 28 Farm Nonfarm Private Agricultural services, forestry, fisheries, and other9 Agricultural services Forestry fisheries and other9 Mining Coal mining Oil and gas extraction Metal mining Nonmetallic minerals except fuels Construction 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 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 products 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 and computer equipment Electric equipment, except computer equipment Transportation equipment excluding motor vehicles Motor vehicles and equipment Stone clay and glass products . . , Instruments and related products Miscellaneous manufacturing industries 6,851 2,488 863 7 67 81 737 459 44 0 189 41 4,363 99 82 107 346 1,167 495 756 41 295 841 135 7,203 2,716 908 7 P) P) 797 542 51 0 196 51 4,487 114 103 105 374 1,233 510 663 46 325 873 140 7,474 2,863 955 7 53 54 55 56 57 58 59 Transportation and public utilities Railroad transportation Trucking and warehousing Water transportation Other transportation Communications Electric gas and sanitary services 4,259 200 722 2 1,028 1,691 615 4,562 236 786 4,929 266 844 1,062 1,827 650 1,138 1,983 694 706 107 253 5 68 123 149 60 61 62 63 64 Wholesale trade Retail trade Finance insurance and real estate Depository and nondepository credit institutions Other finance, insurance, and real estate 2,985 4,881 3,228 919 2,309 3,206 5,249 3,728 1,038 2,690 3,364 5,706 4,212 1,214 2,999 640 1,265 465 190 276 701 1,386 554 210 344 732 1,507 607 224 383 441 1,040 365 148 217 477 1,139 416 160 256 504 1,214 451 174 278 1,251 1,941 1,040 404 635 1,271 2,170 1,199 472 727 1,340 2,328 1,376 577 799 195 565 183 86 97 208 606 212 88 123 208 644 252 95 158 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 Services Hotels and other lodging places Personal services . Private households Business services Auto repair services and parking Miscellaneous repair services Amusement and recreation services Motion pictures Health services Legal services Educational services 13,217 599 426 106 2,825 420 166 590 83 3,695 1,005 312 331 13 471 2,090 86 14,612 627 463 119 3,143 429 177 741 100 4,089 1,100 337 365 15 499 2,313 94 15,892 666 502 128 3,478 481 198 822 134 4,393 1,130 360 399 17 526 2,557 101 2,410 91 87 21 274 102 47 69 13 776 131 72 68 2,682 98 96 24 314 108 51 77 14 877 151 76 71 2,909 106 104 25 368 125 53 87 15 943 160 83 87 2,126 108 72 21 200 87 39 105 17 870 139 49 94 2,336 116 75 22 224 99 43 121 28 943 143 56 106 5,120 183 151 27 972 173 84 186 51 1,538 264 319 95 5,759 193 167 30 1,196 190 83 217 64 1,739 290 321 10( 6,263 212 186 32 1,318 216 89 232 84 1,879 306 345 122 930 98 42 11 115 43 30 39 8 271 64 19 42 1,022 107 46 12 124 44 32 48 8 295 73 22 4< 80 559 20 86 605 25 92 631 28 1,935 96 66 18 179 84 37 91 36 787 126 45 8; t 99 175 12 112 199 14 119 225 15 48( 557 38 50! 527 667 43 35 98 11 37 110 12 1,109 115 49 12 138 50 33 61 9 311 76 23 56 4 39 120 13 82 83 84 85 Government and government enterprises Federal civilian Military State and local 8,972 2,086 1,101 5,784 9,570 2,209 1,179 6,183 10,047 2,418 1,179 6,451 2,055 429 161 1,465 2,243 473 173 1,597 2,356 496 182 1,678 1,757 434 156 1,166 1,883 47' 157 1,254 1,967 494 167 1,305 4,014 1,287 260 2,467 4,275 4,410 1,325 257 2,828 1,386 244 114 1,027 1,455 262 119 1,074 1,490 276 113 1,101 . . . . Museums botanical zoological gardens Membership organizations , Engineering and management services Miscellaneous services 0 . . 854 554 55 0 209 51 4,612 134 109 132 398 1,287 602 535 47 335 882 151 Data are suppressed in order to avoid the disclosure of confidential information; estimates are included in totals. 1. The industry classification uses the 1987 Standard Industrial Classification (SIC). 2. Farm income consists of proprietors' net income; the cash wages, pay-in-kind, and other labor income of hired farm workers; and the salaries of officers of corporate farms. 3, Midyear population estimates provided by the Bureau of the Census. Estimates for 1991-93 reflect State popu- 611 41 1341 267 2,667 8 lation estimates available as of February 1994. 4. The computation of per capita personal income used midyear population estimates provided by the Bureau of the Census. See footnote 3. 5. Personal contributions for social insurance are included in earnings by type and industry but excluded from personal income. SURVEY OF CURRENT BUSINESS August 1994 ® 79 and Earnings by industry1,1991-93—Continued of dollars] 1991 Far West 1992 1993 851,530 842,716 8,814 41,334 20,601 900,699 891,054 9,646 42,090 21,400 California Alaska 1992 1992 1993 929,154 919,054 10,100 42,658 21,782 12,280 12,273 7 569 21,592 13,074 13,068 6 588 22,244 13,785 634,896 667,318 13,778 628,564 660,287 7 7,031 6,332 30,895 599 30,407 23,008 20,880 21,599 683,002 675,921 7,081 31,211 21,884 24,539 24,324 215 1,135 21,621 630,316 40,564 -762 588,989 138,548 123,992 664,997 681,753 42,286 43,839 -753 -750 621,961 637,162 137,909 142,181 140,829 149,810 10,473 699 -694 9,080 1,319 1,881 11,052 717 -720 9,615 1,386 2,074 11,555 471,211 492,516 500,309 748 30,576 31,630 32,607 149 -744 21 85 10,063 440,656 460,971 467,850 1,422 103,263 102,050 104,867 2,300 90,977 104,297 110,285 499,611 52,220 78,485 4,908 73,577 520,011 56,018 88,968 5,908 83,061 527,239 59,674 94,840 6,111 88,729 8,225 837 1,411 4 1,408 8,648 901 1,503 3 1,500 8,814 9,646 621,502 655,352 515,113 543,243 6,627 6,583 5,307 5,069 1,514 1,320 4,122 4,063 59 70 2,543 2,540 1,007 1,016 454 496 38,222 37,080 104,619 105,888 31,999 30,896 8,521 8,899 480 496 3,266 3,200 2,874 2,993 7,400 7,629 3,834 3,547 2,207 2,172 0 0 2,555 2,559 116 146 73,889 73,723 5,337 5,326 1,659 1,568 2,386 2,577 5,130 5,079 11,832 12,052 11,894 11,900 18,061 17,842 1,554 1,772 2,441 2,471 11,745 11,748 1,550 1,692 39,937 38,001 1,354 1,444 8,092 8,342 1,858 1,875 10,409 10,993 9,843 10,272 7,011 6,446 40,427 38,398 64,095 66,120 37,420 45,560 15,067 13,778 23,642 30,493 183,712 197,482 10,542 10,960 5,614 5,866 2,037 2,268 35,214 32,045 5,864 5,867 2,611 2,693 10,754 12,424 7,943 7,896 48,432 52,260 15,577 14,640 5,184 5,468 4,365 4,829 205 220 4,840 5,101 29,037 27,051 1,802 1,585 106,389 112,109 18,439 19,535 11,940 12,243 80,331 76,011 10,100 671,654 557,591 6,887 5,561 1,327 4,195 68 2,611 1,031 485 37,962 104,687 32,624 8,986 515 3,276 3,043 7,869 4,041 2,119 0 2,663 113 72,062 5,430 1,723 2,345 5,111 11,983 12,428 15,714 1,779 2,492 11,322 1,735 41,586 1,592 8,604 1,878 11,193 10,845 7,474 39,977 67,870 46,923 15,818 31,105 207,504 11,459 6,106 2,401 38,222 6,214 2,806 12,930 8,973 54,198 15,694 5,787 5.221 '231 5,302 30,136 1,825 114,063 20,405 11,639 82,019 7 10,466 7,180 360 16 343 979 11 834 131 3 642 637 458 305 P) 1 45 54 26 24 0 2 P) 179 134 1 4 5 P) 1 10 1 15 P) 3 1,049 0 P) P) P) 177 147 305 965 319 124 195 1,925 150 65 13 319 73 32 90 16 485 126 35 108 1 98 297 15 3,287 721 679 1,886 6 11,046 7,539 302 19 282 955 12 806 132 6 643 667 496 340 0 1 49 53 26 26 0 2 0 171 127 P) 5 5 4 1 8 0 14 P) 3 1,147 0 136 P) P) 184 148 318 1,038 353 133 220 2,116 159 73 15 339 75 33 106 17 551 136 38 120 1 107 329 17 3,507 778 738 1,991 1991 Nevada Hawaii 1991 1991 1993 199210 Oregon Washington Line 1993 1991 1992 1993 1991 1992 1993 1991 1992 1993 25,912 25,703 209 1,156 22,420 27,389 27,193 196 1,172 23,378 26,755 26,658 97 1,288 20,774 29,210 29,142 68 1,336 21,857 31,593 31,499 94 1,389 22,747 51,919 51,116 803 2,919 17,789 55,615 54,822 793 2,972 18,716 58,962 58,066 896 3,032 19,447 101,140 99,780 1,360 5,016 20,163 109,570 108,031 1,538 5,143 21,306 114,422 112,597 1,825 5,255 21,773 1 2 3 4 5 19,073 1,149 20,437 1,207 21,063 1,243 17,924 3,435 3,180 19,230 3,114 3,567 19,820 3,677 3,892 19,824 936 -410 18,478 4,550 3,728 21,734 1,015 -450 20,269 4,745 4,196 23,716 1,118 -509 22,090 4,988 4,515 37,066 2,600 -611 33,855 9,461 8,603 39,827 2,764 -634 36,429 9,641 9,546 42,512 2,965 -698 38,849 9,837 10,276 72,669 4,605 933 68,997 16,520 15,623 79,431 4,953 969 75,448 16,973 17,149 82,598 5,157 1 049 78',490 17,390 18,542 6 7 8 9 10 11 8,942 373,137 383,783 385,528 974 39,950 42,335 44,797 69,983 58,124 66,398 1,639 4 4,298 4,139 3,469 62,100 65,845 1,635 54,655 15,337 1,500 2,235 -1 2,237 16,357 1,640 2,440 -10 2,451 16,627 1,752 2,684 -14 2,698 15,961 1,405 2,458 65 2,393 17,340 1,603 2,791 35 2,756 18,750 1,829 3,137 57 3,080 28,990 3,143 4,933 495 4,438 30,979 3,458 5,391 502 4,889 32,779 3,794 5,940 586 5,354 57,960 5,386 9,323 875 8,447 62,905 6,082 10,445 1,080 9,365 64,613 6,529 11,456 1,338 10,118 12 13 14 15 16 7 6,332 7,031 7,081 11,548 464,879 485,485 493,228 7,932 388,622 405,933 413,165 4,357 4,685 326 4,508 4,482 22 4,141 4,311 197 203 303 216 2,234 2,307 930 2,178 3 3 12 1,807 1,714 785 1,684 208 128 200 199 289 318 6 293 764 27,354 25,711 25,632 79,563 648 81,128 80,989 25,049 25,378 472 24,369 6,478 6,204 6,445 319 0 434 418 403 1 3,003 2,982 3,029 1,677 1,656 47 1,561 6,107 5,945 47 5,850 3 355 3,515 3,109 28 1,959 l!983 1,890 28 0 0 P) P) 2,174 2,121 2 2,176 -1 127 P) P) 177 56,759 55,940 54,186 1,683 132 1,820 1,680 1,347 1,416 1,458 P) 4 1,483 1,335 1,346 4,227 4,297 4,197 5 5 10,347 10,505 10,313 1 10,789 10,692 11,066 7 11,897 11,273 9,678 1,299 0 1,155 1,258 1,817 15 1,874 1,823 10,520 10,127 10,610 P) 1,174 4 1,141 1,239 1,194 27,209 28,385 29,469 924 0 862 1,009 5,841 6,003 136 5,749 1,112 1,101 1,100 P) 7,614 7,503 7,202 P) 7,671 8,050 195 7,390 5,346 5,693 159 4,893 325 29,280 30,571 29,836 47,853 48,645 1,084 46,989 387 29,346 35,949 36,594 12,235 150 10,896 11,791 236 18,451 24,158 24,359 2,275 140,781 149,733 156,435 4,544 4,532 166 4,581 4,396 4,550 76 4,251 1,771 1,970 2,083 16 379 25,893 27,977 30,541 4,493 4,677 80 4,531 2,097 36 1,977 2,028 9,607 114 9,428 8,203 7,581 8,639 20 7,650 596 36,578 39,054 40,087 137 12,092 12,765 12,816 4,179 4,629 42 4,395 3,716 3,184 3,472 126 1 174 166 157 3,701 3,831 119 3,540 346 20,925 22,322 23,023 1,441 1,431 19 1,269 76,257 79,552 80,063 3,616 829 12,364 13,033 13,646 7,280 7,815 7,740 735 2,051 56,153 58,704 59,138 215 18,858 14,118 133 119 14 15 209 20,229 15,119 138 126 11 19 196 20,867 15,636 145 131 14 19 P) P) 17 1,687 890 672 245 P) 41 9 318 19 31 0 6 P) 218 P) 17 4 19 9 1 20 1 104 P) 22 1,728 0 151 134 888 353 201 794 2,670 1,445 464 981 5,749 1,237 174 28 728 162 65 268 45 1,453 403 208 153 19 146 641 18 5,110 1,194 1,613 2,303 P) P) 17 1,777 881 658 211 P) 50 9 329 19 32 0 7 P) 222 P) 18 4 18 10 2 20 1 105 P) 21 1,722 0 142 133 886 346 215 810 2,770 1,536 510 1,026 5,976 1,235 184 29 775 170 72 290 46 1,552 396 224 169 19 154 642 19 5,231 1,213 1,576 2,442 68 21,666 18,599 99 85 13 651 1 8 601 42 1,605 957 319 68 P) 10 6 130 38 1 P) 65 P) 638 P) P) 48 58 66 44 18 11 83 80 182 1,302 50 203 P) P) 273 370 912 2,099 996 360 635 9,979 4,159 224 32 802 176 61 1,440 31 1,507 336 43 80 2 105 957 25 3,067 518 268 2,280 94 23,622 20,385 109 95 14 673 1 1 13 1,692 829 604 239 P) 35 9 262 17 32 0 6 P) 224 15 21 5 18 P) 1 22 1 108 P) 17 1,595 0 P) P) 797 349 168 754 2,537 1,250 415 836 5,312 1,173 163 25 695 160 62 231 39 1,309 369 195 131 17 137 589 17 4,740 1,118 1,535 2,087 97 19,727 16,927 101 83 18 632 1 8 588 36 1,548 821 290 60 1 7 2 129 34 1 0 56 0 531 28 18 45 64 66 43 16 11 70 71 99 1,222 47 192 P) P) 259 329 827 1,961 774 321 453 9,041 3,813 211 28 694 173 57 1,231 32 1,372 302 44 70 2 96 899 19 2,800 458 282 2,060 803 36,263 30,191 442 248 194 82 10 1 24 48 2,210 7,404 1,865 629 41 57 431 448 96 28 0 128 8 5,539 2,036 78 491 342 664 698 282 226 146 469 107 2,526 179 885 110 404 486 462 2,662 4,269 1,902 681 1,221 8,693 314 332 72 1,439 336 172 285 74 3,162 609 274 341 13 320 869 83 6,072 1,180 142 4,750 793 39,034 32,491 456 267 189 88 16 P) P) 48 2,293 7,725 1,962 658 44 55 448 472 106 32 0 140 8 5,763 2,083 93 461 355 696 794 295 269 140 464 111 2,665 190 927 106 443 531 469 2,899 4,534 2,242 761 1,481 9,589 330 355 81 1,634 354 184 331 86 3,445 676 291 388 16 333 992 95 6,543 1,278 144 5,120 896 41,616 34,727 493 296 197 98 15 P) P) 56 2,502 8,104 2,055 675 44 59 462 502 114 22 0 169 8 6,049 2,141 108 427 383 763 922 283 289 146 465 122 2,810 208 983 109 468 549 493 2,993 4,855 2,466 854 1,612 10,406 348 378 86 1,852 411 201 362 91 3,677 696 314 437 18 352 1,082 102 6,889 1,319 147 5,423 1,360 71,309 58,075 1,189 460 729 177 36 14 64 62 4,776 13,800 3,310 1,084 33 118 825 657 266 128 0 189 10 10,490 1,304 102 549 403 740 369 5,834 160 258 588 183 4,401 266 994 414 1,098 1,183 446 4,570 7,375 3,827 1,341 2,486 17,960 511 593 128 3,005 591 311 714 133 5,527 1,143 457 531 14 649 3,471 183 13,234 2,598 1,562 9,074 1,538 77,893 63,562 1,125 498 627 174 38 8 61 66 5,142 14,660 3,502 1,143 32 130 826 711 291 134 0 224 10 11,158 1,389 111 532 415 771 362 6,227 191 283 676 200 4,711 282 1,084 443 1,165 1,260 477 4,933 7,926 4,576 1,558 3,018 20,315 530 645 144 3,733 607 321 853 136 6,250 1,260 493 616 16 709 3,796 207 14,331 2,734 1,665 9,932 1,825 80,773 65,747 1,129 534 595 168 37 6 54 71 5,286 14,469 3,706 1,224 35 146 839 747 326 145 0 236 9 10,762 1,422 116 518 426 818 386 5,705 218 305 634 214 4,956 321 1,116 437 1,173 1,403 505 5,078 8,282 4,844 1,665 3,179 21,534 557 680 153 3,790 679 333 939 142 6,675 1,308 532 683 16 736 4,095 220 15,027 2,855 1,650 10,521 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 9 617 46 2,001 1,021 355 78 P) 17 9 138 38 1 P) 74 P) 666 P) P) 46 81 74 52 21 12 97 86 135 1,435 53 225 P) P) 301 409 935 2,234 1,097 405 692 10,879 4,620 238 35 884 197 68 1,617 35 1,609 342 46 90 3 111 948 34 3,237 542 251 2,444 6. U.S. adjustment for residence consists of adjustments for border workers: Earnings of U.S. residents commuting foreign embassies and consulates in the United States. outside U.S. borders to work less earnings of foreign residents commuting inside U.S. borders to work plus certain 10. The 1992 estimates of personal income reflect the losses resulting from damage caused by Hurricane Andrew Caribbean seasonal workers. in Florida and Louisiana and by Hurricane Iniki in Hawaii. 7. Includes the capital consumption adjustment for rental income of persons, 11. The 1993 estimates of personal income reflect the losses from damage caused by floods in Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, and Wisconsin and by drought in Georgia, 8. Includes the inventory valuation and capital consumption adjustments. 9. "Other" consists of the wages and salaries of U.S. residents employed by international organizations and by North Carolina, South Carolina, and Virginia. SURVEY OF CURRENT BUSINESS August 1994 Gross State Product, 1977-91 By Richard M. Beemiller and Ann E. Dunbar HIS ARTICLE presents new cur rent-dollar estimates of gross state product (GSP) for 1991 and revised estimates for 1977-90 (see table i, which follows the text). The estimates incorporate new source data and methodology. These estimates update and extend those published in the December 1993 SURVEY OF CURRENT BUSINESS/ This article also presents constantdollar estimates of GSP by industry for selected years in 1977-91 (see table 2).2 The current- and constant-dollar GSP estimates are consistent with the estimates of gross product by industry for the Nation that were published in the November 1993 GSP is the market value of the goods and services produced by the labor and property located in a State. GSP for a State is measured as the sum of gross state product originating (GSPO) in all industries in the State. As such, it is the State counterpart of the Nation's gross domestic product (GDP) measured as the sum of gross product originating (GPO) in all industries. An industry's GSPO, referred to as its "value added," is equivalent to its gross output (sales or receipts and other operating income, plus inventory change) minus its intermediate inputs (consumption of goods and services purchased from other industries or imported). BEA prepares GSPO estimates for 61 industries (appendix A). For each industry, GSPO is composed of four components: (i) Compensation of employees (hereafter termed "compensation"); (2) proprietors' income with inventory valuation adjustment (IVA) and capital consumption allowances ("proprietors' income"); (3) indirect business tax and nontax liability ("IBT"); and SURVEY.3 1. Richard M. Beemiller and Ann E. Dunbar, "Gross State Product, 197790," SURVEY 73 (December 1993): 28-49. 2. The constant-dollar estimates are derived by deflating new and revised current-dollar estimates for 61 industries with implicit price deflators computed from the estimates of national gross product originating. Detailed estimates of GSP in current and constant dollars for 1977-91 for 61 industries are available on diskette. (See the box "Data Availability" on page 85.) 3. See tables 6 and 8 in Robert E. Yuskavage, "Gross Product by Industry, 1988-91," SURVEY 73 (November 1993): 38,40. Table A.—Average Annual Percent Change in Gross State Product for Selected States and the United States, 1987-91 [Based on estimates in 1987 dollars] Goods-producing industries Total GSP Rank Total Nondurables Agricul- Durables manumanuture facturing facturing Private service-type industries Construction Mining Total Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Government 1 2 3 4 5 6 7 8 9 10 Fastest growing States: Nevada Hawaii Washington Delaware Idaho New Mexico Nebraska Utah South Carolina Oregon 7.4 5.2 4.5 4.4 4.4 4.4 3.6 3.5 3.1 2.9 14.9 6.0 4.3 -.1 6.0 10.7 5.7 5.2 3.1 1.4 9.9 .8 3.2 1.4 5.7 8.3 11.4 3.8 5.3 1.6 4.8 7.9 6.1 -1.9 8.6 36.7 4.7 5.9 4.2 0 -0.9 —4 -15 .5 1.9 -1.2 1.4 4.5 2.6 1 6.6 10.8 7.2 14 6.6 -2.9 1.0 1.8 1.8 8.9 37.1 20.1 14.0 23.6 9.1 4.5 -1.6 8.1 3.8 9.0 6.2 5.9 5.0 7.2 3.7 2.4 3.3 3.2 3.5 3.8 4.4 7.4 5.0 2.1 4.3 1.3 5.1 3.3 5.4 5.3 5.6 4.8 4.6 3.2 4.3 2.1 2.3 4.1 2.1 4.4 6.1 6.0 5.5 3.0 4.9 3.7 3.1 4.0 3.2 4.7 6.2 5.1 .3.6 11.6 2.5 1.5 2.6 1.7 2.8 2.6 6.8 6.1 6.5 3.9 3.6 3.2 3.3 3.9 3.6 3.3 5.0 2.2 2.4 2.2 3.4 1.2 1.3 1.7 2.0 2.6 United States 1.8 .0 2.4 1.2 .4 -2.2 2.5 2.3 3.3 1.9 1.8 2.1 2.3 1.8 44 45 46 47 48 49 50 Slowest growing States: Missouri New York New Hampshire North Dakota Massachusetts Rhode Island Michigan .8 .6 .4 .4 .3 .3 -.4 -1.0 -.7 -1.7 .3 -1.5 -1.4 -3.0 0 1.4 -.6 -1.6 .3 -3.2 3.5 -2.6 1.5 3.2 6.9 2.0 1.0 -5.0 2.6 -1.4 -.4 .5 -2.9 -2.1 1.2 -4.8 -4.1 -16.1 -2.5 -11.4 -9.6 -.9 1.6 -3.4 -11.5 1.6 -10.0 -12.0 1.5 1.6 .9 1.2 .4 1.1 1.1 .9 3.3 1.4 1.7 -1.3 4.2 2.4 -.6 1.6 -1.2 -.2 -.3 .1 -2.3 1.5 .5 .1 -1.8 3.2 -1.9 -1.4 1.1 1.2 1.1 2.2 -.2 1.2 2.0 1.2 1.3 1.5 2.2 1.0 1.6 2.0 .9 1.1 1.2 2.3 .5 -.2 .4 1.5 August 1994 • 8l SURVEY OF CURRENT BUSINESS (4) other, mainly capital-related, charges ("capital charges"). The compensation and proprietors' income components are mostly derived from BEA'S estimates of earnings by place of work, an aggregate in the State personal income series. (Appendix B shows in detail how GSP corresponds to earnings and GDP.) The IBT component reflects the liabilities charged to business expense, most of which are sales and property taxes levied by State and local governments.4 The capital charges component comprises corporate profits with IVA, corporate capital consumption allowances, business transfer payments, net interest, rental income of persons, and subsidies less current surplus of government enterprises. The first section of this article discusses growth rates in real GSP for selected State economies in 1987-91 and the relative size of the State economies in 1991. The second section sum- marizes the major sources of revisions to the current-dollar estimates for 1977-90. 4. These taxes include property taxes on owner-occupied housing because owner-occupied housing is treated as a business in the national income and product accounts. 5. In this article, the discussion of constant-dollar growth rates is limited to 1987-91, and the changes in total real GSP and in GSPO in all industries are calculated using fixed-i987-weighted measures. Because of substantial Changes in GSP, 1987-91 GSP growth rates Comparisons of constant-dollar GSP growth rates with the U.S. average growth rate can be used to gauge the performance over time of States and industries. From 1987 to 1991, real GSP for the United States increased at an annual rate of 1.8 percent (table A). GSPO in goodsproducing industries (agriculture, mining, construction, and manufacturing) increased 0.6 percent, GSPO in private service-type industries (trade, the finance-insurance-real estate group, the transportation-public utilities group, and services) increased 2.3 percent, and GSPO in government increased 1.8 percent.5 GrossStateProduct: Average Annual Percent Change, 1987-91 Based on estimates In1987 dollars NH0.4 MA 0.3 'RI0.3 CT1.1 NJ1.3 UNITED STATES 1.8% Fastest growing States Slowest growing States D All other States US. Depan-nent of Commerce, Bureau of Economic Analysis SURVEY OF CURRENT BUSINESS 82 • August 1994 Fastest growing States.—In 10 States, increases in total real GSP were at least i.o percentage point above the U.S. average of. 1.8 percent (chart i). Most of these States had above-average increases in GSPO in all major goods-producing industries except nondurables manufacturing. According to the estimates in 6i-industry detail, increases in durables manufacturing GSPO were above average in electronic and other electric equipment in Idaho, New Mexico, and Utah; in industrial machinery and equipment in Idaho, Nebraska, and South Carolina; in transportation equipment in Washington and Utah; and in both primary and fabricated metals in Utah. In addition, increases in mining GSPO were above average in metal mining in Nevada and in oil and gas extraction in New Mexico and Utah. changes in the relative price structure in manufacturing—changes that were largely traceable to the rapidly declining prices of computers and peripheral equipment—the fixed-weighted measure with 1987 price weights is appropriate for only a fairly short period of years around 1987. See Robert P. Parker, "Gross Product by Industry, 1977-90," SURVEY 73 (May 1993): 36-37- Most of the 10 States had above-average increases in GSPO in all major private service-type industries and in government. The above-average increases were mainly in communications, in depository institutions, in real estate, in business services, and in State and local government. In addition, increases in GSPO were above average in hotels and lodging places in Nevada and Hawaii. Slowest growing States.—In seven States, increases in total real GSP were at least i.o percentage point below the U.S. average (chart i). Most of these States had declines or below-average increases in GSPO in agriculture, in nondurables manufacturing, in construction, and in mining. In addition, Missouri, Michigan, and Rhode Island had declines or below-average increases in GSPO in durables manufacturing; the weaknesses were mainly in motor vehicles and equipment in Missouri and Michigan, in other transportation equipment and in electronic and other electric equipment in Missouri and Rhode Island, and G$<m Based on estimates in current dollars More than 2.0% CD 1.0%-2.0% ..'*<*-^. U.S. Department of Commerce, Bureau of Economic Analysis LJ Less than 1.0% SURVEY OF CURRENT BUSINESS in both primary and fabricated metals in Rhode Island and Michigan. August 1994 • GSP shares Current-dollar GSP shares can bemused to measure the relative size of the various State economies at a given point in time. Chart 2 shows each State's current-dollar GSP as a share of the U.S. total in 1991. Fourteen States that have relatively large GSP—California, Texas, three Great Lakes States, eight East Coast States, and Washington—accounted for two-thirds of the Most of the seven States had declines or belowaverage increases in GSPO in all major private service-type industries and in government. The weaknesses were mainly in communications, in electric, gas, and sanitary services, in depository institutions, in real estate, in business services, and in State and local government. Table B.—Revisions in Gross State Product, 1977-90 [Millions of dollars] 1977 United States New England Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont Mideast Delaware District of Columbia .. Maryland New Jersey New York Pennsylvania Far West .... .... Alaska California Hawaii Nevada Oregon Washington 1987 0 0 0 0 0 25 194 51 14 158 117 42 17 83 133 54 11 100 145 14 14 149 97 28 10 113 632 327 -4 222 555 394 -48 81 876 709 -54 -8 18 -13 20 -26 22 -26 20 -27 44 -43 36 -30 26 -39 132 -23 222 -65 292 -80 13 27 25 -17 -33 37 -41 -21 27 17 860 35 856 -2 908 2 893 43 -73 -5 1,420 1,909 3,208 7 65 9 74 8 87 19 83 26 71 158 105 139 107 425 171 538 132 512 159 496 146 -749 -253 -104 Rocky Mountain Colorado Idaho Montana Utah Wyoming 1986 1985 172 42 9 155 Plains Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota Southwest Arizona New Mexico Oklahoma Texas 1984 1983 0 -586 -237 -375 -36 36 26 -55 -28 -60 -602 -231 -353 -81 33 28 -961 -302 -113 -70 -46 -103 -224 -104 -684 -261 -401 -78 33 22 -907 -258 -125 -39 -51 -77 -756 -220 -453 -165 68 14 -642 -170 -93 -23 1 -62 -10 -328 173 -653 -285 -435 155 165 57 -882 -280 -102 -37 -44 -118 -210 -480 -374 164 381 2 -83 1,497 202 820 -3,229 -1,975 -2,792 -695 -604 -296 -143 -237 -936 -824 -431 -134 -466 -2,096 -2,425 -665 -310 -196 -846 -251 -351 -231 -230 -344 -173 -412 -153 -390 -110 173 68 -832 -198 111 -19 -56 -96 -470 -189 -306 -118 94 47 -867 -182 118 -15 -31 -82 212 64 13 -37 38 139 -84 -11 113 -51 -36 -6 19 15 -36 -4 -236 -7 -211 120 34 26 -28 89 -357 23 -376 -37 -140 13 2 4 26 245 89 36 -61 181 267 88 33 -26 172 -484 24 -538 -360 -7 -404 -63 -105 -258 128 -122 -102 -85 -29 20 11 -19 584 123 114 25 323 581 49 116 14 402 -143 54 -332 -149 52 -300 122 -122 96 -50 -142 -78 -115 _2 -26 964 55 129 8 772 -334 30 -351 -31 11 1 -44 25 14 -23 34 19 22 17 12 99 30 7 95 -6 10 25 -35 -3 632 55 382 1 18 37 139 695 50 421 -2 30 54 143 627 34 378 -1 40 67 109 321 11 162 -51 34 66 100 838 24 445 -44 56 236 122 1,125 1,286 10 594 369 96 9 -41 -39 -167 3 552 -520 218 -127 -2,993 325 117 58 -26 -7 6 1,407 -42 25 -696 64 5 -35 -81 g 35 60 23 2 -26 4820 -270 14 -221 191 632 51 15 -25 -72 3 63 40 1 7 -125 280 -269 -314 -63 546 140 -18 211 -133 51 111 111 -91 254 24 -18 173 560 83 -58 202 35 12 419 -260 38 16 -61 126 -167 196 131 1 022 -277 44 -158 571 -5 17 -155 -126 40 -153 135 998 -94 -41 19,689 103 293 95 728 196 -122 -1,877 693 472 -41 -91 17 -107 -1,072 71 502 166 5 382 566 -31 -67 194 -989 20 83 98 -114 -349 1990 -13 82 -73 -227 -347 1989 23 63 -1157 -245 -112 -213 1988 -11 -327 -111 -176 .... 1982 1981 1980 246 56 g 189 Great Lakes Illinois Indiana Michigan ... Ohio Wisconsin Southeast Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia 1979 1978 22 691 -58 47 285 137 31 898 -67 49 305 70 . -82 -185 -488 -170 -1,165 90 -224 406 114 -243 -190 -137 -289 -216 -188 -208 -1,795 263 -187 78 134 -219 -465 -174 -338 -278 -237 -289 -477 3,713 392 -259 -227 -4,773 -2625 -1 059 -6,065 -2585 -1 009 -1 109 -973 -1 -50 -3,421 -1 694 -3,822 -1 604 -3,968 -2342 -886 -561 -158 -613 -830 -161 -729 -822 -1,063 -1,086 -2,557 -1 026 -2820 -1 178 -2708 -1 282 -3,156 -1 212 -1 451 -1 298 94 -96 -983 715 134 -298 -172 -315 -231 -311 -314 -188 -494 -386 -273 -264 -129 -247 -630 -37 8 -3,060 -1216 -5246 -4,292 257 645 -93 771 -190 -307 120 -362 -675 -174 -484 -473 -248 -430 888 -423 -371 -88 -290 150 -228 -764 481 -266 -298 -975 -113 -301 351 -307 -39 22 -687 -886 933 579 -255 -502 273 -98 -149 -2145 248 -361 -97 189 -595 -326 -438 -689 -429 -452 -463 -635 -290 -339 -644 -478 -306 -833 -559 -461 -1 176 -1 509 -1 268 -1 296 -90 901 -350 -519 -50 -214 -80 -83 -94 103 94 122 132 1,190 539 64 7 591 26 -18 1,914 3,759 5,273 12,001 246 -59 415 204 427 360 487 414 922 1 71 -364 -277 -466 -146 1,263 748 946 2003 3606 4,632 10,178 -1,114 -1,217 -1,564 -1,466 -688 -270 -652 -101 -527 -631 -108 -878 -525 -136 -657 -702 -17 344 1,267 1 200 -464 -145 -279 -69 -476 -399 -83 -35 -36 -39 116 38 75 309 81 13,757 1,033 7,935 -78 -13 61 -12 -17 7 -78 -8 -21 2,893 4,879 5,982 1,362 6,482 9,269 37 -30 140 272 2,066 3,580 4,037 3,125 4,940 -44 180 257 -78 298 240 869 38 400 350 -91 146 12 417 227 652 443 710 601 440 898 439 1,082 1,463 2,279 2,478 397 -132 1,288 438 791 SURVEY OF CURRENT BUSINESS 84 • August 1994 U.S. total. Twenty States that have relatively small GSP—mainly States in the West and in New England—accounted for only 10 percent of the U.S. total. Sources of the Revisions The revisions to the previously published estimates of current-dollar GSP for 1977-90 are shown in table B. The revisions largely reflect five sources. For 1990, State estimates of GSPO for all industries and components now use as "control totals" the revised estimates of GPO for the Nation that were released in November 1993.6 For 1983-90, the estimates of government GSPO reflect new source data that are used to exclude the wages and salaries of Federal civilian and military personnel stationed abroad; government GPO for the Nation includes such wages and salaries. Summing these new State estimates of government GSPO resulted in revisions to total GSP for the Nation; the new estimates accounted for all of the revisions to total GSP for the Nation for 19836. When the State estimates are summed, the initial total of the State estimates for an industry may differ from the national total for that industry; in such cases, the difference is allocated to States so that the State total is "controlled," that is, conforms to the national total. 89 and for the rest of the national revision for 1990. For 1984-90, the State estimates of nonfarm proprietors5 income are based on new source data.7 For 1977-79 and 1981-89, the estimates of GSPO for the nonfarm housing component of real estate were extrapolated back from 1980 and interpolated between 1980 and 1990 using State nonfarm personal income; previously, State personal income—which is affected by fluctuations in farm income—was used for the extrapolation and interpolation.8 For 1977-90, the estimates of GSPO for "other" real estate reflect the incorporation of improved estimates of the rental income of nonoperator landlords. The sources of revision that contributed the most to the revisions to the State estimates varied. For 1977-83, the major contributor was the revisions to the real estate estimates; for 1984-89, the revisions to the proprietors' income estimates; and for 1990, the revisions to both the proprietors' income estimates and the national GPO estimates. Appendixes A and B and tables i and 2 follow. B 7. See "Local Area Personal Income: Estimates for 1990-92 and Revisions to the Estimates for 1981-91," SURVEY 74 (April 1994): 127-50. 8. See "Gross State Product, 1977-90." Appendix A—Industries for Which GSPO Estimates Are Available 1987 SIC code Agriculture, forestry, and fisheries Farms Agricultural services forestry, and fisheries A 01-02 07-09 Mining . Metal mining Coal mining Oil and gas extraction Nonmetallic minerals except fuels Construction . B 10 12 13 14 ; c .... Manufacturing Durable goods Lumber and wood products Furniture and fixtures Stone, clay, and glass products Primary metal industries Fabricated metal products Industrial machinery and equipment Electronic and other electric equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries 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 miscellaneous plastics products Leather and leather products Transportation and public utilities Railroad transportation GSPO Gross state product originating SIC Standard Industrial Classification 1987 SIC code D ... . ... ;... 24 25 32 33 34 35 36 371 372-79 38 39 20 21 22 23 26 27 28 29 30 31 E 40 Local and interurban passenger transit Trucking and warehousing Water transportation .. . .. Transportation by air Pipelines except natural oas Transoortation services Communications Flprtrir na^ and sanitarv ^prx/irps 41 42 44 45 46 47 48 49 Wholesale trade F Retail trade G Finance, insurance, and real estate Deoositorv institutions Nondepositorv institutions Hnlrlinn nffirp^ snH inx/psitmpnt ^prvipp^ Insurance carriers Insurance aoents brokers and service R0ai estate Services Hotels and other lodging places Personal services Business services Auto repair services and parking Miscellaneous repair services Motion oictures Amusement and recreation services Health services Leoal services Educational services ^nrisl sprvirps snrl mpmhp.r^hin nrnsni73tinnQ Other services Private households Government Federal civilian government Federal military government State and local Government H 60 61 62 67 63 64 65 I 70 72 73 75 76 70 7Q on 81 82 83 86 84 87 89 88 J 91-96 97 91-96 SURVEY OF CURRENT BUSINESS August 1994 Appendix B.—The Relation of Gross Domestic Product to Totai State Earnings by Place of Work and to Gross State Product, 1991 [Billions of dollars] Gross state product Gross domestic product l Compensation of employees: Wages and salaries Supplements to wages and salaries: Employer contributions for social insurance Other labor income Proprietors' income with IVA and CCAdj: Farm: Proprietors' income with IVA CCAdj Nonfarm: Proprietors' income IVA CCAdj 2,815.2 290.6 296.9 State earnings by place of work2 3 Compensation of employees 2,801.1 4 Proprietors' income with IVA and CCA IBT and nontax liability Other, mainly capital-related, charges 2,799.6 2,799.6 5 6 296.6 7 44.4 -7.6 41. 8 327.7 0 327.7 0 11.8 11.8 283.9 296.6 283.9 6 296.6 -7.6 Total 44.4 (8) 44.4 327.7 0 (8) 327.7 0 Rental income of persons with CCAdj: Rental income of persons CCAdj 45.2 (8) 45.2 -57.9 Corporate profits with IVA and CCAdj: Profits before tax IVA CCAdj .. 295.5 4.9 2.2 295.5 4.9 (8) 295.5 4.9 Net interest 515.3 515.3 515.3 Business transfer payments 45.2 26.3 Indirect business tax and nontax liability Less: Subsidies less current surplus of government enterprises Consumption of fixed capital: CCA: Corporate Noncorporate Less: CCAdj: Corporate Noncorporate Statistical discrepancy 26.3 -.3 385.5 180.5 -.3 -.3 385.5 385.5 180.5 180.5 2.2 -62.4 8 (8) -8.6 26.3 476.6 476.6 476.6 '-IF 9.6 Total 5,722.9 3,471.4 1. For definitions of the line items shown in this table, see U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts of the United States, Volume 2:1959-88 (Washington, DC: U.S. Government Printing Office, 1992). 2. Earnings is the sum of wage and salary disbursements, other labor income, and proprietors' income. 3. Differs from the gross domestic product (GDP) entry because it excludes the wages and salaries of Federal civilian and military personnel stationed abroad ($15.6 billion), includes other statistical revisions not yet incorporated into GDP ($1.0 billion), and includes wages and salaries paid to U.S. residents employed by international organizations and by foreign embassies and consulates in the United States ($0.5 billion). 4. Differs from the GDP entry because it excludes the wages and salaries of Federal civilian and military personnel stationed abroad ($15.6 billion). 5. Differs from the GDP entry because it excludes employer contributions for social insurance of Federal civilian and military personnel stationed abroad ($6.7 billion). 3,380.1 561.2 476.6 Data Availability Detailed estimates of GSP in current and constant dollars for 1977-91 for 61 industries for States, BEA regions, and the United States are available on a 31/2-inch, high-density diskette for $20. (Other types of diskettes are available on request.) The diskette includes either a DOS or a Windows program so that selected records from the data files can be imported into computer spreadsheets. When ordering, please specify the BEA Accession Number—-61-94-40-421 for GSP with DOS or 61-94-40-423 for GSP with Windows. Send your order, along with a check or money order payable to "Bureau of Economic Analysis," to Public Information Office, Order Desk, BE-SS, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, For further information or to order using MasterCard or VISA, call (202) 606-3700. 1,273.0 5,690.9 6. Differs from the GDP entry because it excludes other labor income of Federal civilian personnel stationed abroad ($0.3 billion). 7. Differs from the GDP entry because different data sources are used. 8. When income and capital consumption allowances are parts of the same aggregate, the two associated entries for the capital consumption adjustment cancel. In the case or the capital consumption allowance for buildings and equipment owned and used by nonprofit institutions serving individuals, there is no income, and the capital consumption adjustment of $8.6 billion is included in gross state product. NOTE.—Not all line items of gross domestic product or gross state product are available by industry. CCA Capital consumption allowances CCAdj Capital consumption adjustment IBT Indirect business tax IVA Inventory valuation adjustment 86 ® August 1994 SURVEY OF CURRENT BUSINESS Table 1— Gross State Product for States and Regions by Component, 1977-91 [Millions of dollars] State and region United States: Gross state product Compensation ... Proprietors' income Capital charges . Indirect business taxes 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1 955 748 2217053 2 466 360 2 684 793 3 008,658 3 144550 3382185 3 771 939 4 037 830 4 251 849 4548182 4911 706 5 232 032 5518482 5 690 865 1,169,853 ,325,095 1,487,941 1,634,862 1,804,591 1,903,717 2,016,876 2,212,827 2,368,226 2,508,423 2,682,201 2,904,359 3,082,662 3,277,860 3,380,109 481 613 517536 540 926 561 252 208150 237 250 261 619 262 770 283 531 283613 304 652 360,208 391,953 423 349 457,844 412270 476,901 528,066 575,204 671,259 700,795 780,553 889,424 947,741 974,577 1,043,151 1,140,391 1,217,143 1,255,649 1,272,924 249,277 165,475 177,807 188,734 211,957 256,425 280,104 309,480 329,910 345,500 364,986 385,343 414,691 444,047 476,580 . New England: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 102990 65505 9180 18481 9824 116318 73668 10,455 21 710 10,485 128676 82822 11,549 23370 10936 141 197 92296 12108 25509 11284 155916 101,561 12,716 29,361 12,279 167518 109,345 13,040 32,215 12,918 185,648 118,674 15,192 37,660 14,124 210895 132,650 18,123 44,331 15,792 230 020 144,224 20,91 1 47,808 17,076 253018 156,910 24,196 53,057 18,855 277,749 172,267 26,798 58,468 20,216 303,694 189,829 29,249 63,152 21,464 319944 198830 29,793 68,318 23,002 327,043 203,795 30,580 68,420 24,248 331,974 203,637 31,382 71,225 25,730 Connecticut: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 29690 18461 2584 5600 3045 33466 20803 2900 6511 3251 37061 23575 3146 6,904 3,435 40633 26516 3256 7,419 3,442 44,750 29,238 3,426 8,202 3,883 48,413 31,521 3,498 9,175 4,219 53472 33,912 4,009 10,875 4,675 60,594 37,862 4,887 12,545 5,300 65,743 41,196 5,600 13,229 5,717 72,140 44,649 6,476 14,692 6,323 79,234 49,185 7,351 15,959 6,738 86,429 54,164 8,017 17,147 7,101 91,292 56,796 8,235 18,571 7,691 94,329 58,683 8,511 18,816 8,319 96,384 59,262 8,597 19,770 8,755 Maine: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 7491 4572 946 1 301 672 8325 5125 1,019 1 453 727 9191 5704 1,115 1 606 765 10,053 6340 1 124 1 768 821 10,957 6904 1,189 1 963 901 11,743 7,431 1,109 2236 968 12,918 7,976 1,326 2534 1,082 14,508 8,736 1,592 2950 1,230 15,593 9,311 1,890 3083 1,310 17,093 10,118 2,223 3318 1,435 18,993 11,176 2,385 3,844 1,587 20,895 12,389 2,476 4,305 1,724 22,415 13,369 2,637 4,547 1,863 23,007 13,903 2,664 4,494 1,945 23,241 13,856 2,765 4,580 2,041 Massachusetts: Gross state product Compensation Proprietors' income Capital charges indirect business taxes 49018 31 928 3,940 8522 4628 55,367 35660 4,579 10217 4911 60998 39919 5,070 10988 5021 67,049 44408 5,414 12037 5190 74,154 48853 5,679 14171 5,452 79,404 52657 5,980 15317 5451 88,296 57473 7,002 17952 5,869 100,571 64645 8,116 21,351 6,459 109,880 70313 9,274 23269 7,023 120,856 76386 10,641 26145 7,684 132,250 83,598 11,815 28695 8,143 145,116 92,180 13,325 30922 8,689 152,301 95,928 13,214 33,985 9,174 154,208 97,737 13,589 33,512 9,371 156,090 97,404 14,077 34,567 10,042 New Hampshire: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 6264 3896 662 1 184 522 7305 4566 759 1417 563 8253 5233 865 1543 612 9106 5,845 900 1684 676 10173 6,507 964 1,945 757 11 126 7,099 1,007 2,155 865 12,667 7,872 1,232 2,594 969 14,806 8,805 1,579 3,319 1,102 16,675 9,820 1,959 3,707 1,189 18,587 11,002 2,330 3,890 1,365 20,760 12,218 2,448 4,617 1,477 22,444 13,501 2,533 4,813 1,596 23,170 14,049 2,644 4,693 1,784 23,616 14,138 2,628 4,917 1,933 24,404 14,000 2,737 5,566 2,101 Rhode Island: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 7119 4634 598 1,260 628 7887 5172 642 1,386 687 8755 5757 734 1,525 739 9547 6294 788 1,687 777 10,531 6,843 788 2,046 853 11,150 7,206 832 2,168 945 12090 7729 949 2,402 1,012 13,549 8,537 1,095 2,810 1,107 14,675 9,142 1,227 3,115 1,191 16,050 9901 1,431 3,408 1,310 17,366 10785 1,572 3,575 1,434 18,794 11,759 1,620 3,924 1,492 19,931 12,409 1,673 4,270 1,578 20,664 12,802 1,753 4,391 1,718 20,657 12,513 1,746 4,618 1,780 Vermont: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 3408 2013 450 615 330 3968 2342 556 725 346 4419 2634 618 803 364 4810 2,892 626 913 378 5352 3,215 670 1,034 432 5682 3,432 615 1,164 471 6204 3,712 673 1,303 517 6,867 4,064 854 1,356 593 7454 4,441 961 1,404 647 8292 4,854 1,095 1,605 738 9,147 5,306 1,226 1,778 838 10,016 5,837 1,277 2,041 861 10,835 6,280 1,391 2,251 913 11,219 6,532 1,434 2,290 962 11,198 6,602 1,459 2,124 1,012 387 495 247 066 33743 71 496 35190 432 825 272,864 38,549 84,272 37,140 474,052 301,003 42504 91647 38,899 511026 329,689 44037 96,326 40,974 561,500 360,695 46,676 109,407 44,722 594,818 383,371 48,884 114,544 48,019 648,422 408,003 54,360 132,549 53,510 717,479 445,739 62,646 149,540 59,554 775,366 477,598 69,301 164,123 64,344 839,198 512,412 77,591 179,408 69,786 908,066 554,209 84,573 195,224 74,060 5,669 3,672 529 1,125 342 6,255 4,091 577 1,216 371 6,798 4,510 609 1,291 387 7,371 5,033 590 1,345 403 8,160 5,419 658 1,656 427 8,790 5,829 687 1,809 465 9,800 6,211 751 2,299 539 10,746 6,688 871 2,567 620 11,929 7,189 914 3,103 723 13,061 7,616 1,011 3,706 729 14,786 8,416 1,063 4,481 826 16,261 9,269 1,163 4,885 944 18,354 10,140 1,235 6,001 979 19,664 10,732 1,235 6,635 1,063 21,274 11,116 1,262 7,683 1,214 District of Columbia: Gross state product Compensation Proprietors' income Capital charges . Indirect business taxes 14038 11 168 827 1 486 558 15,476 12245 886 1,705 639 16,647 13382 937 1,675 652 17,867 14650 960 1,553 704 19,343 15,737 1,001 1,769 836 20,393 16,677 1,074 1,711 931 22,162 17,660 1,186 2,292 1,024 23,977 19,108 1,339 2,416 1,113 25,771 20,444 1,451 2,654 1,221 27,327 21,560 1,620 2,852 1,294 29,371 23,292 1,793 2,857 1,430 32,170 25,750 1,905 3,020 1,495 34,770 27,604 2,141 3,328 1,695 36,646 29,489 2,183 3,193 1,780 38,160 31,012 2,262 2,979 1,908 Maryland: Gross state product Compensation Proprietors' income Caoital charaes Indirect business taxes 33895 22271 2944 5762 2918 37,771 24883 3248 6535 3105 41551 27560 3484 7294 3211 45103 30305 3512 7976 3310 50,271 33,457 3,849 9,361 3,604 53,216 35362 4143 9,868 3,843 58,879 38,464 4,541 11,550 4,325 66,475 42,535 5,683 13,467 4,790 73,790 46,399 6,698 15,512 5,181 80,718 50,259 7,696 17,080 5,683 88,790 54,974 8,517 19,201 6,097 97,009 60,280 8,782 21,436 6,511 103,989 64,638 9,636 22,685 7,030 109,202 68,677 9,956 23,312 7,258 111,874 69,924 10,376 23,970 7,603 New Jersey: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 65,902 41,522 5585 12046 6750 74,526 46,443 6377 14,633 7074 82,113 51,619 7020 16,067 7407 89,343 57,135 7263 16,982 7964 98,872 62,844 7,680 19,764 8585 105,871 67,541 8,105 20,763 9,461 117,844 73,263 9,187 24,474 10919 131,987 81,180 10,613 28,347 11,846 143,980 87,511 12,064 31,611 12,795 158,044 94,713 13698 35,511 14,122 171,774 103,468 14,542 38,926 14,839 190,550 114,047 16,234 44,424 15,845 201,129 120,042 16981 46,724 17,383 207,449 125,722 17,209 46,164 18,354 212,822 127,474 17,848 47,386 20,113 New York: Gross state product Compensation Proprietors' income Capital charges , Indirect business taxes 168330 104,893 14,076 32,134 17,227 187,323 114,767 16,412 38,097 18,046 204,417 125,937 18,369 41,294 18,816 221,815 138,586 19,752 43,672 19,805 244,120 152,562 20,923 48,788 21,847 262,927 164,904 21,935 52,848 23,240 286,124 176,372 24,575 59,831 25,345 315,562 192,858 27,547 66,432 28,724 341,015 207,264 29,957 72,692 31,102 369,400 223,742 33,386 78,567 33,706 398,315 240,833 36,902 84,679 35,901 428,687 261,926 37,617 91,867 37,276 444,937 274,227 36,082 93,984 40,645 466,827 289,251 40,145 94,307 43,124 475,961 290,629 42,949 96,787 45,596 Pennsylvania: Gross state product .... Compensation Proprietors' income Capital charges ...... Indirect business taxes 99,661 63,541 9,782 18,943 7,396 111,474 70,434 11,049 22,085 7,906 122,527 77,993 12,084 24,024 8,425 129,527 83,981 11,961 24,798 8,788 140,733 90,677 12,565 28,068 9,423 143,621 93,057 12,940 27,546 10,078 153,614 96,033 14,121 32,103 11,357 168,732 103,369 16,592 36,31 12,460 178,881 108,791 18,217 38,55 13,322 190,647 114,524 20,180 41,691 14,253 205,030 123,226 21,756 45,079 14,968 220,319 133,156 22,341 49,169 15,653 233,864 141,478 24,316 51,456 16,614 244,584 149,812 25,113 52,023 17,635 254,528 154,263 26,386 54,370 19,510 389,010 240,176 36,976 82,971 28,887 434,879 270,204 39,972 93,610 31.093 472,169 297,533 43,519 97,98 33.13 482,583 310,813 41.803 95,404 34,564 526,143 332,924 43,790 111,497 37.93 530,238 337,840 44,346 107,481 40,570 569,870 352,679 47,085 125,188 44,918 639,060 387,069 55,362 147,73 48,89 680,384 411,646 58,244 158,653 51.84 717,399 434,230 62,400 165,988 54,780 756,970 458,931 67,902 173,11' 57.027 808,135 495,856 70,001 182,496 59.782 859,411 523,278 75,680 195,998 64.455 891,410 552,455 77,898 193,089 67.968 913,777 568,570 79,641 192,922 Mideast: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes Delaware: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes Great Lakes: Gross state product ........ Compensation Proprietors' income Capital charges Indirect business taxes ... 984,995 1,037,042 1,084,371 1,114,620 604,429 638,130 673,682 684,418 95,841 101,083 88,042 90,390 225,634 233,174 214,800 224,177 89,214 95,945 77,724 84,346 7S>fUA SURVEY OF CURRENT BUSINESS August 1994 • 8j Table 1.— Gross State Product for States and Regions by Component, 1977-91—Continued [Millions of dollars] 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 Illinois: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 114,603 70,304 11,942' 23,319 9,039 127,865 78,544 12,856 26,898 9,568 139,412 86,052 14,303 28,794 10,263 144,657 91,233 12,989 29,530 10,905 158,212 98,195 15,147 33,137 11,732 161,317 101,397 14,732 32,729 12,459 170,337 104,992 15,840 35,661 13,843 190,261 114,924 18,246 41,758 15,333 202,306 120,898 19,131 46,270 16,007 214,239 127,872 20,179 49,325 16,863 226,333 136,220 21,647 50,929 17,537 242,585 148,056 22,424 53,407 18,698 258,852 156,149 24,147 58,272 20,284 270,503 165,909 25,210 57,483 21,900 279,283 171,215 25,881 58,844 23,343 Indiana: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 47,729 29,071 4,956 10,076 3,627 53,641 32,796 5,456 11,431 3,959 58,292 36,233 5,714 12,268 4,076 58,861 37,471 5,469 11,745 4,177 63,952 40,537 5,476 13,381 4,558 63,946 40,738 5,847 12,674 4,687 68,956 42,652 6,012 15,034 5,258 78,308 46,567 7,281 18,491 5,968 82,033 49,125 7,565 18,973 6,370 87,035 51,657 8,084 20,614 6,680 92,827 55,260 8,717 21,987 6,863 99,095 59,801 8,515 23,505 7,273 107,565 63,546 9,895 26,339 7,786 111,164 67,165 10,146 25,685 8,168 114,211 69,950 9,628 25,865 8,769 Michigan: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 89,004 56,125 6,687 19,997 6,195 99,299 63,664 7,197 21,681 6,757 105,322 69,759 7,544 20,696 7,323 103,083 70,680 7,473 17,109 7,820 112,702 74*636 7,649 21,614 8,804 111,136 73^965 7,677 20,397 9,097 123,683 78^047 8,370 27,407 9,859 139,990 86*577 9,820 32,863 10,730 1 52,334 95014 10^490 35,457 11,373 160,318 101*144 11 ',355 35,713 12,106 167,004 105*176 12*,402 36,561 12,864 176,023 112*791 12*,486 37,836 12,910 184,655 119*221 13',695 37,668 14,071 187,155 124*048 13',582 35,007 14,518 189,445 125*946 HQOI 34,062 15,436 Ohio: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 97,411 60,981 8,614 20,918 6,897 108,698 68,240 9,321 23,697 7,439 118,767 75,266 10,099 25,511 7,892 122,803 79,118 9,946 25,818 7,921 133,889 84,920 9,598 30,579 8,793 134,644 85,896 10,190 28,869 9,688 144,239 89,594 10,908 32,965 10,772 160,932 98,169 12,759 38,690 11,314 170,335 103,884 13,560 40,766 12,125 178,762 108,541 14,853 42,490 12,879 189,217 114,334 16,433 45,215 13,235 202,219 123,147 17,712 47,412 13,949 213,979 129,315 18,199 51,555 14,910 223,058 136,155 18,933 52,288 15,682 228,109 139,554 19,983 51,716 16,856 Wisconsin: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 40,263 23,695 4,777 8,661 3,130 45,376 26,960 5,143 9,903 3,370 50,376 30,222 5,860 10,718 3,576 53,178 32,311 5,926 11,202 3,740 57,387 34,637 5,920 12,786 4,044 59,195 35,845 5,900 12,812 4,639 62,655 37,393 5,955 14,121 5,185 69,569 40,832 7,256 15,930 5,551 73,376 42,726 7,497 17,187 5,965 77,043 45,015 7,930 17,846 6,251 81,590 47,940 8,702 18,419 6,528 88,213 52,062 8,864 20,336 6,951 94,360 55,047 9,743 22,164 7,405 99,530 59,177 10,027 22,626 7,700 102,729 61,906 10,148 22,435 8,241 147,002 82,960 22,193 30,953 10,895 167,606 93,823 26,864 35,012 11,907 186,837 105,715 28,156 40,166 12,799 195,083 114,809 23,309 43,312 13,653 219,056 124,662 28,867 50,353 15,175 223,369 129,960 28,315 48,907 16,188 234,628 136,725 27,392 52,251 18,261 264,717 149,102 34,800 60,761 20,055 278,893 157,040 35,576 65,229 21,048 288,876 164,477 36,731 65,545 22,122 305,688 174,460 40,037 68,080 23,111 323,970 187,272 40,932 71,144 24,622 348,445 198,545 44,967 78,911 26,023 367,980 211,151 46,886 82,437 27,506 379,866 220,323 47,309 82,599 29,635 Iowa: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 26,135 13,539 4,610 6,311 1,676 30,269 15,082 6,206 7,169 1,811 32,821 16,887 5,845 8,076 2,013 33,775 18,055 5,030 8,516 2,175 37,817 19,200 6,386 9,913 2,318 36,282 19,238 5,770 8,763 2,511 35,996 19,741 5,286 8,176 2,794 40,314 20,901 6,749 9,666 2,998 41,510 21,370 6,660 10,361 3,119 42,364 22,014 6,616 10,412 3,322 44,235 23,499 7,277 10,009 3,450 46,776 25,545 7,351 10,329 3,551 51,780 27,343 8,288 12,400 3,748 54,800 29,246 8,554 13,022 3,979 56,032 30,630 8,443 12,679 4,280 Kansas: Gross state product Compensation ... Proprietors' income Capital charges indirect business taxes 20,261 11,096 2,995 4,490 1,680 22,592 12,648 2,982 5,083 1,879 26,137 14,435 3,796 5,938 1,967 27,817 15,988 2,995 6,682 2,152 31,519 17,651 3,582 7,756 2,531 33,023 18,447 4,003 7,994 2,578 34,757 19,247 3,874 8,818 2,818 38,205 20,936 4,832 9,298 3,139 40,240 21,883 4,976 10,043 3,338 41,009 22,907 5,093 9,530 3,479 43,766 23,949 5,570 10,679 3,567 46,291 25,473 5,721 11,157 3,939 47,939 26,824 6,055 11,153 3,906 51,691 28,496 6,225 12,807 4,163 53,281 29,842 6,437 12,361 4,640 Minnesota: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 35,690 20,998 5,114 6,791 2,787 40,542 24,045 5,690 7,749 3,058 45,801 27,471 5,793 9,288 3,249 49,049 30,078 5,671 9,924 3,376 53,743 32,683 6,003 11,400 3,658 55,789 34,288 6,031 11,346 4,124 59,568 36,329 5,931 12,434 4,874 68,235 40,374 7,544 14,797 5,519 72,248 43,016 7,778 15,661 5,793 75,982 45,548 8,116 16,216 6,102 81,493 48,908 8,799 17,363 6,423 87,555 53,018 9,164 18,462 6,911 95,418 56,410 10,331 21,196 •7,481 99,751 60,196 10,863 20,881 7,810 103,301 62,920 10,958 21,011 8,413 Missouri: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 41,096 24,899 4,854 8,564 2,780 45,987 27,994 5,481 9,489 3,023 50,861 31,110 6,357 10,154 3,241 52,528 33,443 5,504 10,285 3,296 57,813 36,277 6,363 11,693 3,480 59,895 38,160 6,236 11,768 3,731 65,035 40,709 6,639 13,340 4,346 73,757 44,796 8,016 16,193 4,752 78,983 47,820 8,489 17,565 5,108 83,855 50,445 9,199 18,701 5,511 88,764 53,427 9,852 19,788 5,697 93,737 56,922 10,029 20,715 6,070 99,305 60,090 10,687 22,062 6,466 103,172 63,197 11,311 21,846 6,817 106,214 65,133 11,653 22,159 7,268 Nebraska: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 13,558 7,350 2,246 2,851 1,110 15,672 8,221 3,079 3,199 1,173 17,132 9,250 2,968 3,659 1,255 17,687 10,099 2,137 4,147 1,304 20,549 10,950 3,303 4,869 1,427 20,583 11,486 2,993 4,581 1,523 21,156 24,005 11,954 12,912 2,742 3,574 4,771 5,751 1,689 „ 1,768 25,378 13,518 3,546 6,463 1,852 25,691 • 13,938 3,593 6,188 1,972 26,498 14,621 3,933 5,823 2,122 29,003 15,683 4,124 6,987 2,209 31,054 16,671 4,473 7,538 2,372 33,648 17,964 4,623 8,474 2,587 35,281 18,969 4,659 8,904 2,749 5,189 2,651 1,115 1,015 6,517 3,043 1,868 1,134 7,313 3,453 1,660 1,658 7,625 3,795 778 10,904 4,935 2,156 2,704 1,110 10,837 5,018 2,155 2,626 1,038 9,607 5,406 2,272 541 10,067 4,789 1,522 2,696 1,059 10,209 5,182 2,368 1,714 472 10,146 4,598 1,787 2,697 1,064 9,880 5,024 2,102 1,849 409 10,124 4,301 1,712 2,990 1,121 905 944 933 996 10,789 5,639 2,575 1,514 1,061 11,990 5,982 2,703 2,181 1,124 12,045 6,305 2,561 1,995 1,183 5,072 2,428 1,260 6,027 2,790 1,557 1,190 6,772 3,109 1,737 1,393 6,602 3,352 1,150 1,529 7,491 3,600 1,518 1,734 7,652 3,744 1,495 1,757 8,051 3,956 1,397 2,018 9,299 4,249 1,929 2,352 9,697 4,416 1,972 2,509 10,094 4,601 2,012 2,650 10,723 4,874 2,237 2,703 11,001 5,224 2,272 2,560 12,159 5,567 2,558 3,047 491 534 571 640 656 680 769 800 831 908 945 987 12,929 6,070 2,608 3,226 1,025 13,712 6,524 2,597 3,489 1,102 383,241 223,989 41,274 86,789 31,190 437,641 255,828 47,870 99,451 34,492 488,300 288,234 52,083 110,583 37,400 538,158 320,537 52,017 123,283 42,321 607,305 356,527 57,076 143,489 50,213 636,045 377,692 54,636 152,075 51,642 691,557 404,171 58,761 170,464 58,161 775,552 445,395 69,853 195,964 64,341 829,972 478,111 75,485 207,493 68,883 878,576 509,474 81,489 215,581 72,032 951,228 549,697 89,837 234,708 76,986 1,029,294 594,690 92,007 260,894 81,703 1,095,950 632,625 98,833 276,296 88,195 1,156,954 675,181 103,003 284,442 94,329 1,208,921 700,997 106,883 298,954 102,088 Alabama: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 26,049 16,000 2,744 5,661 1,645 29,753 18,200 3,200 6,450 1,902 32,788 20,173 3,497 7,014 2,105 35,296 21,981 3,275 7,754 2,287 39,139 23,818 3,667 8,950 2,705 40,561 24,754 3,394 9,649 2,765 44,145 26,410 3,615 11,129 2,991 48,933 28,774 4,465 12,271 3,423 52,267 30,955 4,844 12,901 3,567 55,119 32,816 5,302 13,294 3,707 59,545 35,045 5,882 14,778 3,843 63,584 37,613 5,748 16,211 4,012 67,117 39,845 6,290 16,681 4,302 70,594 42,563 6,428 17,041 4,563 73,956 44,673 6,742 17,732 4,808 Arkansas: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes 14,818 7,988 2,424 3,487 919 17,379 9,166 3,137 4,058 1.019 18,910 10,268 3,160 4,390 1.092 19,873 11,182 2,635 4,840 1.216 22,221 12,222 3,124 5,485 1.390 22,710 12,732 2,632 5,930 1.416 24,490 13,714 2,686 6,534 1.556 27,898 15,048 3,351 7,614 1.885 28,852 15,876 3,526 7,475 1.975 30,179 16,766 3,678 7,667 2.069 32,078 17,623 4,099 8,252 2.103 34,356 18,826 4,223 9,108 2.199 36,424 19,920 4,478 9,703 2.323 38,376 21,473 4,621 9,853 2.428 40,561 22,744 4,688 10,451 2.678 State and region Plains: Gross state product .. Compensation Proprietors' income Capita! charges Indirect business taxes North Dakota: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes South Dakota: Gross state product Compensation ... Proprietors' income Capital charges Indirect business taxes Southeast: Gross state product .. Compensation Proprietors' income Capital charges ..... Indirect business taxes 931 453 822 2,229 88 • August 1994 SURVEY OF CURRENT BUSINESS Table 1.— Gross State Product for States and Regions by Component, 1977-91—Continued [Millions of dollars] 1977 State and region 1978 Florida: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 63338 38059 7029 12,253 5997 73790 44152 Georgia: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 108887 66833 10547 21,955 9552 118130 72439 9502 25,676 10512 132811 79449 10709 30,705 11 948 149 726 88846 12660 34,539 13681 163508 97079 14003 37,139 15287 178536 105418 15666 40,567 16885 197054 116223 18007 44,126 18698 213937 127089 17851 48,099 20898 231 022 136 177 19424 52,822 22599 244 527 146264 20713 53,059 24491 255129 150804 21 874 56,448 26003 66784 42740 14697 4,468 75,340 46904 5526 17,792 5,118 87,229 53141 6929 21334 5,825 96,154 58572 7757 23344 6,481 106,073 63888 8890 26354 6,941 115,171 69321 10042 28208 7,600 124,587 74919 10,380 31,148 8,139 131,080 78905 10703 32,257 9,215 137,064 84026 11,250 31,722 10,067 143,643 86929 11 742 34,276 10,696 14,675 6764 84108 50801 9085 16,758 7465 95851 58699 10057 18,874 40,332 24948 3782 8800 2802 46247 28367 4544 10125 3,211 51346 31895 5042 10959 3449 55,608 35592 11798 3,737 62,321 39645 5076 13470 4,129 Kentucky: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 28456 15161 3665 6,859 31 782 17263 4005 7,502 35086 19433 4305 8,129 2771 3013 3219 36553 20,617 4,341 8,224 3370 40390 22351 4,958 9,535 3546 41396 23199 4,587 9,876 3734 43,176 23,958 4,518 10,431 4270 48,382 26,012 5,398 12,428 4543 50,110 27,249 5,586 12,575 4700 52,313 28,379 5,900 13,155 4879 55536 30,445 6,242 13,924 4924 59,501 32,655 6,301 15,504 5042 63,694 34,682 6,857 16,884 5272 67,028 37,282 7,145 16,960 5642 69,839 38,982 7,199 17,390 6268 Louisiana: Gross state product Comoensation Proprietors' income Capital charges Indirect business taxes 39,914 18380 4465 13471 3599 45,392 21 430 4820 15,307 3,836 52,322 24403 5706 17923 4,291 64,652 28317 6300 23234 78,804 34428 6858 28,309 9,210 78,227 34312 6845 28,166 8,904 83,460 36022 7293 30,833 9,311 84,864 36496 7695 31371 9,302 73,123 35089 6894 23,209 7,931 75,205 35015 7339 24,657 8,194 82,581 37009 7,839 29,720 8,013 84,314 38530 6801 77,677 32731 6838 27,434 10,674 29,184 8,472 91,784 41,696 8,371 33,017 8,699 95,377 44215 8,820 31,850 10,492 Mississippi: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 16215 8698 2306 3897 1,314 18261 9866 2,403 4,565 1,427 20891 11028 2,929 5,427 1,508 22062 11987 2489 5,936 1,649 24773 13207 2,764 7,010 1,793 25284 13757 2,649 7,008 1,870 26106 14,336 2,687 7,009 2,074 29252 15,387 3,273 8,203 2,389 30655 16182 3370 8,588 2,516 31 089 16,860 3,555 8,077 2,597 33743 17669 3,920 9,513 2,641 35964 18,964 3,874 10,270 2,856 37619 20,154 4,168 10,216 3,081 39471 21346 4,280 10,558 3,287 41,481 22,327 4,396 11,158 3,600 North Carolina: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 50,401 29,433 5428 11 475 4065 54,938 33,032 5337 12269 4299 59,067 36,349 5378 12948 4392 65,893 40,209 68,279 42,270 5627 15261 77,333 46,223 6335 18021 6754 87,712 51,558 7549 21,438 95,305 55,741 104,333 60,057 8968 27090 8218 113,246 65,475 9572 29292 8908 123,811 71,174 10013 33222 . . 44048 25,957 4499 9830 3762 133,458 76,079 10877 36778 9,724 140,630 80,612 11 220 38505 10293 147,520 83,395 11 500 41 351 11 274 22705 14768 2086 4365 1 487 25282 16613 2322 4766 1 581 27315 18411 2,157 5043 1 704 30 579 20,385 2,416 5887 1 891 31 864 21,283 2,324 2059 35295 23094 2,586 7250 2365 40158 25,542 3,075 8935 2,606 42492 27046 3,332 9243 . . . 19723 13010 1 773 3622 1 317 2871 46300 28858 3,529 10587 3325 50848 31,112 4,086 12014 3637 55306 33,893 4,304 13363 3745 59,245 36,508 4,604 13,983 4,149 63,706 39,309 4,928 15,019 4,450 66,408 40,409 5,192 16,202 4,604 Tennessee: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 33440 19,889 3,646 7303 2603 38052 22865 4,282 8022 2884 42130 25,491 4,664 8900 3074 45077 27,593 4,668 3205 50135 30,261 4,989 11 382 3504 51 623 31,460 5,171 11 306 3,686 56287 33,580 5,606 13021 4080 63,315 36,926 6,835 14,798 4,756 67892 39,519 7,434 15704 5235 73370 42,456 8,232 16953 5728 80781 46,281 9,030 19293 6,177 86,501 49,986 9,295 20,715 6,504 91,598 53,022 10,066 21,528 6,982 95,234 56,268 10,371 21,208 7,387 100,804 58,858 10,617 23,424 7,905 Virginia: Gross state product Compensation Proprietors' income Capital charges Indirect business- taxes 42356 27327 3396 47850 30739 8178 9267 65130 42718 4809 12859 4744 69775 46087 4,973 13,653 5063 77557 50029 5,729 15,477 6322 86,890 55,248 6,874 17,966 6802 7194 104457 65420 8454 22 880 7703 113936 71733 9,245 24,622 8336 123,518 78,159 9,656 26,743 8960 133,465 83,889 10,540 29,126 3741 58037 38351 4358 10975 4353 94745 60178 7554 19,819 3455 52960 34450 4289 10253 3967 9911 140,362 88,374 10,884 30,524 10530 145,189 91,114 11,210 31,623 11 242 West Virginia: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 14,551 8572 1 544 3428 1,007 16,029 9580 1 666 3638 1,144 17,540 10646 1 749 3794 1,351 18,768 11 458 1 878 4,046 1,386 20,158 12146 4,618 1,539 20,835 12,544 2,039 4,512 1,739 20,791 12,163 1,918 4,931 1,779 22,598 12,890 2,150 5,603 1,954 23,128 13,220 2,217 5,700 1,992 23,684 13467 2,420 5,747 2,050 24,086 13,755 2,374 6,031 1,925 25,649 14,404 2,520 6,791 1,933 26,914 14,914 2,698 7,135 2,167 28,180 15,971 2,792 6,975 2,441 29,014 16,546 2,903 7,049 2,516 186,818 97355 23081 50,093 16288 214,860 113709 25441 57,439 18273 248,659 132296 29787 65,948 20629 293,713 153260 31,252 82,169 27033 350,039 178953 35,058 99,215 36813 369,580 194,725 35,214 104,485 35156 379,696 201,566 36,359 106,002 35,770 416,563 219,628 41,850 115,268 39818 438,607 233,821 45,450 117,424 41,913 421,026 236,304 45,046 99,128 40,547 432,723 241,888 48,051 100,038 42,745 468,322 256,850 51,382 115,013 45,076 496,254 271,254 55,730 121,486 47,784 533,961 291,745 58,287 132,204 51,725 553,604 308,765 61,525 128,215 55,099 18796 11 145 2006 3877 1 769 22438 13287 2297 4824 2030 26671 15917 2634 5837 2284 29542 18,012 2824 6,357 2,349 32765 20,297 2942 7,109 2,418 33675 21 180 2696 38,224 23,151 3,083 9,070 2,920 44174 26,279 3570 10,591 3,734 48702 29,302 3989 11,162 4,250 53808 32081 12616 57784 34450 4,843 13359 4710 5131 62,179 36,971 5,089 14,628 5,492 65097 38,846 5,470 14,740 6,042 67,752 40,884 5,598 14,814 6,456 69,767 42,592 5,889 14,403 6,882 10169 11 774 13547 5431 6251 7113 22099 11 021 1 869 6,557 1900 2218 5592 2268 5359 2626 5,405 2649 30250 15904 2692 8,436 2651 25168 13944 2437 6028 2760 27101 14977 2487 6,526 2213 23064 11 752 2000 6850 2462 1876 4841 1939 20214 10174 1 711 6,116 23476 13204 1 463 3528 1 442 19 797 9644 1 769 22359 12474 1 308 2997 1 218 19111 8977 1 704 5,855 2575 21 797 12060 1 154 16352 7925 1 647 3111 3219 31,950 16,906 4,669 38,143 19,905 4,771 10547 2920 45,817 23,402 5,174 13193 4048 49,735 25,894 5,376 14548 47,652 25,465 5,239 13103 3,845 50,321 26,679 5,721 13693 4228 51 176 27,140 5,707 13992 4337 47,268 26,559 5,427 11 218 4065 47,912 26,526 5,751 11 603 4032 50,889 27,821 5,891 12920 4257 53,392 29,212 6,451 13260 4469 56,942 31,102 6,709 14403 4728 57,914 32,608 6,874 13549 4883 South Carolina: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes .. Southwest: Gross state product Comoensation Proprietors' income Capital charges Indire'l business taxes Arizona: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes New Mexico: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 2521 1 062 8198 4102 8221 4481 9611 6031 14906 4747 1856 4881 5121 6199 7314 2,485 6102 2281 7166 8167 23634 7763 4401 9401 8129 Oklahoma: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 23966 12684 3,415 1 735 27,405 14,668 3,685 7097 1 955 Texas; Gross state product Compensation Proprietors' income Capita! charges Indirect business taxes 133886 68095 16507 37564 11 721 153243 79502 18,151 42521 13069 176491 92359 21 021 48403 14707 209 677 107417 22010 60424 19825 252 346 126277 25,238 73058 27772 266 374 138006 25372 76522 26473 273607 142776 26,326 77714 26792 299 969 155648 30691 84426 29204 315665 165627 33753 85421 30864 298 152 165603 33342 69702 29505 304 668 168439 35557 69716 30956 331 777 178854 38,184 82059 32679 352 597 189252 41,372 87459 34514 382 167 204 782 43,493 96461 37430 395 673 217661 46,070 91 827 40,115 54032 30610 6974 11 953 4.495 63,270 35644 8,361 14166 5.100 72,224 41 066 8783 16505 5.870 82,635 46281 9623 19763 6.968 94,569 52681 10,010 23083 8.795 99,039 56489 10,157 23179 9.215 104,988 58916 10417 25899 9.756 114,311 63803 11,905 27877 10.726 118547 67066 12420 27995 11.066 118,445 68250 12873 26327 10.994 121,720 69772 13897 26984 11.067 129,743 73886 14874 29754 11.229 138,422 78469 16228 31 777 11.949 147,820 84560 16699 33741 12.820 156,395 90668 17,475 34675 13,578 Rocky Mountain: Gross state product Compensation . Proprietors' income Capital charges Indirect business taxes 6132 . .. 8180 2196 3917 SURVEY OF CURRENT BUSINESS August 1994 • 89 Table 1.— Gross State Product for States and Regions by Component, 1977-91—Continued [Millions of dollars] 1977 1978 1979 1980 1981 1982 1983 Colorado: Gross state product Compensation .... Proprietors' income Capital charges . Indirect business taxes 24,574 14,788 2,907 4,800 2,079 28,607 17,269 3,308 5,702 2,329 32,828 20,140 3,602 6,438 2,648 37,387 23,053 3,935 7,511 2,888 42,784 26,652 4,104 8,688 3,340 46,312 29,347 4,310 9,053 3,602 49,922 30,851 4,679 10,461 3,931 54,537 33,623 5,177 11,276 4,461 57,103 35,451 5,379 11,568 4,705 58,240 36,435 5,450 11,488 4,867 60,160 37,323 5,990 11,643 5,204 Idaho: Gross state product Compensation .... Proprietors' income Capital charges . Indirect business taxes 7,151 3,915 1,144 1,646 446 8,268 4,463 1,442 1,864 499 9,047 4,973 1,476 2,054 543 9,749 5,335 1,692 2,181 542 10,579 5,821 1,686 2,504 569 10,575 5,892 1,564 2,525 594 11,822 6,275 1,593 3,224 729 12,596 6,747 2,001 3,049 799 13,001 7,073 2,046 3,055 826 13,189 7,125 2,169 2,999 896 6,446 7,648 3805 1,401 1 848 594 8,401 4259 1,223 2245 675 9,284 4597 1,236 2668 783 10,583 5046 1,478 10,702 5227 1,569 3150 2881 909 1 026 10,982 5463 1,315 3 111 1 093 11,430 1,013 1 584 535 10,986 5760 1,575 2460 1 191 10224 11 880 13615 15209 6140 7138 8152 9104 1,207 1,453 2956 1,507 3378 1 219 17279 10327 1,493 3967 1,491 18377 11 063 1,525 4249 1 540 19891 11 692 1,768 4755 1675 22393 12938 2,041 5483 1 931 24009 13781 2,212 5892 807 1,323 2487 931 5636 2453 702 1,854 627 6,867 2969 887 2,265 746 8333 3543 1 028 2,811 951 11,006 13,344 4835 1,249 4,774 2,486 13,073 4960 1 190 4,472 2452 12,372 4636 1 062 4,347 2327 13,355 4795 1 160 5,059 2342 13,448 1 253 4,025 1 536 305,161 182192 34730 59533 28705 349,654 209355 39,739 71 243 29,317 395,443 239 273 45,238 81 862 29070 440,397 267 177 48,622 89438 35160 494,130 296 588 49,339 104855 43,348 523,942 314 296 49021 117908 42717 567,375 336 143 55,087 130540 45605 633,362 369442 65,670 147953 50298 686,041 398 719 74566 159016 53740 735,312 426 365 83023 169542 56382 794,038 460 977 86749 186539 59773 863,554 501 547 95127 203 139 63742 Alaska: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 7405 4730 680 1 341 655 9033 4,522 820 10907 4689 977 23816 7355 1,664 9487 5,309 23187 8,094 1,635 9468 3,990 24812 8490 1,732 10731 3858 25 753 8663 2,110 11134 3,845 21 328 8305 1,852 7926 3,245 21 786 4196 1045 22286 6,353 1,644 7763 6,526 21 123 7890 1,929 2931 15619 5,317 1,322 5483 3,497 California: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 224 523 133386 26038 43,309 21 791 255,549 153243 29604 51,229 21 474 287,813 175096 33925 58,469 20322 319,804 196042 36,195 63,996 23571 358,886 218480 36,874 75,649 27883 382,239 232810 36,629 85,300 27501 416,072 250 590 41,642 93,598 30242 468,036 278 244 49658 106,209 33925 511,087 302 328 55998 116,166 36595 Hawaii: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 8783 5854 697 1 400 832 9772 6534 698 1 666 874 11 036 7273 886 1 891 985 12351 1,160 1 991 1 069 13215 8775 1,028 2243 1 168 14125 9350 1,110 15506 10,010 1,288 2857 1 352 16687 10628 1,569 3068 1 422 Nevada: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 7299 4445 699 1 518 638 8978 5455 847 1 908 769 10328 6402 895 13241 8329 974 2930 1 009 13833 8653 1,000 844 11 721 7360 989 2494 878 15100 9096 1,176 3599 1 230 Oregon: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 22008 12836 2675 28497 17019 3395 6473 1 610 30022 18305 3544 6,433 1 740 31 170 19'l90 3447 6563 1 970 31 096 19209 1 368 25285 14944 3037 5805 1 499 Washington: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 35,142 20941 3,942 6837 3,421 41 037 24657 4734 7704 3,942 46863 28 794 50,879 32024 5,411 9040 4,404 55333 35460 5372 9707 4,793 58833 36918 State and region Montana: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes Utah: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes Wyoming: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes Far West: Gross state product Compensation Proprietors' income Capital charges Indirect business taxes 3314 2071 5128 759 1054 2188 5160 8645 4,264 4193 8130 NOTE.—The GSP estimates are consistent with the estimates of gross product by industry for the Nation that were published in the November 1993 SURVEY OF CURRENT BUSINESS. 2441 1 224 3061 1 119 3431 6374 2081 5187 11 244 5483 1984 5701 1,526 3009 1 194 1985 2124 5001 1208 5,020 2219 1986 1987 1989 1990 1991 64,021 39,335 6,659 12,811 5,215 67,971 41,607 7,097 13,676 5,591 72,669 44,605 7,418 14,574 6,072 76,921 47,773 7,814 15,040 6,293 13,899 7,395 2,326 3,213 966 15,166 8,028 2,460 3,655 1,024 17,065 8,703 2,896 4,331 1,136 18,156 9,570 3,021 4,349 1,217 19,047 10,280 3,101 4,338 11,351 5680 1,927 2566 1 177 11,764 5822 2,051 2694 1 197 11,885 13,161 6489 2,334 3092 1 247 13,406 2,104 2427 1 193 14,419 7425 2,384 24344 14227 2,295 5550 2272 24915 14770 2,408 5720 27008 15750 2,396 6598 2264 28602 16902 2,670 6630 2399 30913 18354 2,749 7333 2477 33078 19772 2,906 7695 2705 11,320 4782 10,983 4462 1 123 3,715 11,662 12,675 12,931 5113 1221 5418 1270 1683 1534 11,623 4768 1 230 4,048 1 576 4,616 1 724 4,406 1 837 1031 3,724 1 782 2017 1988 6161 4611 1 255 4,263 6917 2,290 2870 1 329 1328 3195 1 415 936,564 1 008 942 1 031 709 541 532 585 291 602 732 111 731 105916 115955 220 180 235 681 231 160 68936 76238 81 862 2,286 23489 9085 2,556 9275 2,574 27303 2,376 8583 2,707 2,696 11 686 3,300 26212 10184 2,904 9800 3,324 552,355 324 760 62333 126,683 38579 598,992 352 785 65258 139,156 41 793 650,246 383455 70975 151,604 44212 702,723 411 647 78,555 164,753 47768 752,665 442 081 83518 174,717 52349 763,577 450 250 86110 170,712 56504 17985 11284 1,851 3327 1 523 19621 12016 2,175 3746 1 684 21 354 13088 2,390 26495 15,924 3,162 4013 23993 14,383 2,817 4636 1 863 2156 2298 29087 17700 3,200 5583 2604 30802 18,924 3,300 5808 2770 16730 9854 1,471 4025 1 380 18283 10634 1,767 20000 11 460 2,064 4847 22054 12631 2305 5346 1 771 25745 14304 2,685 6800 1 956 28892 16080 3054 7595 31 830 17994 3323 8095 33322 18953 2164 2417 33 820 20*056 3698 7768 2298 37616 21*727 39582 22874 4791 9156 9719 45097 25674 5657 10589 52803 30559 6658 11 925 2562 2760 2970 3177 49079 28141 5994 11651 3292 56217 33306 6724 12188 4000 58799 34959 4411 8916 63 691 38298 5649 13250 6494 69480 40498 6829 15003 73352 42935 8049 14882 7485 79976 45808 9274 16621 8274 85418 48909 92704 53142 10280 19864 102161 58237 11 930 21 521 10,472 1 1 1 839 64590 12269 23413 1 1 568 118997 69 461 13028 24 141 12366 7150 4351 1 532 1628 42031 24016 5325 9018 9210 18416 8883 8121 9419 5111 3661 9621 3601 8 142 2627 7013 12556 4270 9O • August 1994 SURVEY OF CURRENT BUSINESS Table 2.—Gross State Product for States and Regions, by Industry for Selected Years in 1977-91 [Millions of 1987 dollars] 1977 | 1982 | 1987 1988 1989 1990 1991 || 1977 1982 United States Total gross state product Farms Agricultural services forestry, and fisheries Mining . . . . Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government Federal military State and local government 1987 1988 Total gross state product Total gross state product Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Federal civilian government Federal military State and local government 3,738,155 4,548,182 4,731,458 4,836,446 4,888,324 4,883,224 185,066 206,405 277,749 292,611 296,506 290,280 285,140 53,834 9,818 83,518 190,817 741,551 440,892 300,659 314,312 170,078 317,980 596,536 538,895 103,095 54,082 304,001 60,226 13,101 73,054 164,873 711,118 392,397 318,721 331,282 218,241 336,757 708,428 629,185 104,786 56,199 330,905 66,047 22,493 83,044 213,038 877,827 501,898 375,929 419,842 303,072 441,758 809,744 782,544 108,881 59,910 359,982 63,201 21,857 94,249 211,720 923,545 536,361 387,184 437,082 311,329 469,681 846,461 812,819 112,426 59,511 367,577 66,221 21,731 83,277 213,103 932,242 543,187 389,055 449,450 324,549 483,916 865,477 845,742 114,473 59,227 377,038 71,604 24,155 91,836 210,154 928,483 536,998 391,485 462,640 319,543 478,080 868,306 869,360 117,417 58,536 388,210 70,387 26,990 91,525 194,522 908,011 525,513 382,498 478,087 326,372 474,137 878,390 866,693 117,853 58,174 392,083 732 559 160 7,758 43,126 28,680 14,446 14,781 8,750 16,656 36,490 33,511 4,651 1,773 16,119 855 693 150 7,834 47,481 31,749 15,732 14,157 11,241 17,723 44,207 38,960 4,814 1,921 16,371 1,182 1,547 289 15,231 58,222 40,242 17,980 19,443 18,717 27,829 56,660 53,103 4,269 2,035 19,223 1,160 1,477 304 15,233 60,250 42,213 18,037 19,591 19,677 30,074 61,249 57,016 4,354 2,031 20,195 1,009 1,420 261 13,685 61,585 43,654 17,931 20,004 20,247 30,195 62,728 58,390 4,423 1,994 20,563 1,117 1,453 211 11,372 60,592 43,383 17,209 21,052 19,117 28,317 60,794 58,785 4,483 1,978 21,010 1,166 1,570 193 9,553 59,766 42,719 17,047 22,230 18,957 26,824 61,085 57,379 4,313 1,868 20,236 Maine 53,107 59,721 79,234 83,340 84,692 83,785 82,684 13,357 14,413 18,993 20,066 20,633 20,422 19,942 151 112 61 2,150 14,364 10,418 3,946 3,974 2,510 4,492 10,651 8,711 1,634 493 3,805 169 165 65 2,167 15,150 10,686 4,464 3,957 3,482 4,919 13,493 9,750 1,787 500 4,117 251 333 107 4,218 17,530 12,607 4,923 5,686 5,563 7,686 17,405 13,674 1,079 541 5,162 260 328 121 4,303 17,650 12,743 4,907 5,766 5,896 8,326 19,055 14,729 955 528 5,423 226 309 102 3,853 17,683 12,792 4,890 5,979 6,138 8,493 19,612 15,217 970 513 5,597 272 322 72 3,186 17,866 12,981 4,884 6,296 5,754 8,183 19,184 15,508 1,011 532 5,601 280 334 63 2,757 17,798 12,855 4,943 6,407 5,797 7,765 19,421 14,950 1,017 502 5,593 220 109 4 766 2,809 940 1,869 1,162 614 1,403 2,175 2,081 493 345 1,175 186 67 4 585 3,279 1,228 2,052 1,139 674 1,444 2,602 2,249 548 345 1,291 257 209 4 1,264 3,879 1,826 2,053 1,462 1,107 2,294 3,213 2,929 568 350 1,457 227 194 6 1,253 4,103 1,853 2,250 1,546 1,158 2,543 3,451 3,086 612 362 1,526 219 189 7 1,207 4,107 1,859 2,248 1,553 1,226 2,598 3,605 3,312 645 354 1,613 255 210 7 1,067 4,077 1,839 2,237 1,563 1,173 2,472 3,536 3,362 646 342 1,714 244 246 6 851 3,856 1,761 2,094 1,722 1,118 2,372 3,538 3,312 614 339 1,724 New Hampshire 88,480 98,034 132,250 139,786 141,242 136,717 134,086 11,188 13,599 20,760 21,608 21,444 21,004 21,111 155 241 38 3,260 18,967 12,638 6,329 7,421 4,331 7,878 18,041 17,422 1,800 566 8,362 206 337 39 3,491 21,059 14,419 6,640 6,826 5,482 8,183 21,001 21,037 1,739 615 8,019 282 717 96 6,748 26,518 18,508 8,010 8,817 9,414 12,697 26,806 28,314 1,878 652 9,312 296 686 93 6,747 27,584 19,740 7,844 9,037 9,886 13,619 28,840 30,559 2,000 653 9,787 254 659 82 5,988 28,714 20,908 7,806 9,483 10,079 13,493 29,221 30,890 1,989 643 9,749 270 646 71 4,922 27,521 20,351 7,169 9,719 9,571 12,408 28,121 30,842 1,987 635 10,004 316 695 63 4,151 27,144 20,020 7,124 10,397 9,460 11,759 28,147 30,189 1,864 625 9,277 47 31 17 706 2,541 1,536 1,004 823 457 1,091 2,161 1,913 242 146 1,012 52 32 11 840 3,196 2,051 1,145 907 636 1,290 2,899 2,261 255 145 1,074 98 99 44 1,598 4,576 3,171 1,405 1,690 1,151 2,330 4,021 3,437 269 161 1,286 99 99 46 1,503 4,942 3,483 1,459 1,405 1,187 2,534 4,360 3,637 284 155 1,356 73 93 37 1,244 4,943 3,509 1,433 1,121 1,217 2,516 4,519 3,780 299 154 1,450 83 98 27 947 4,939 3,539 1,400 1,475 1,145 2,313 4,289 3,764 301 123 1,499 89 103 27 793 4,974 3,592 1,382 1,809 1,140 2,171 4,385 3,743 291 55 1,531 Vermont Rhode Island Total dross state product Farms Agricultural services forestry and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government Federal military State and local government 1991 3,478,517 Massachusetts Farms Agricultural services, forestry, and fisheries Mining 1990 New England Connecticut Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods ... Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Federal civilian government Federal military State and local government 1989 12,816 13,709 17,366 18,123 18,428 18,291 17,605 6,119 6,929 9,147 9,688 10,067 10,061 9,711 18 45 7 549 3,239 2,304 935 832 594 1,188 2,394 2,254 337 188 1,171 35 63 6 427 3,279 2,264 1,015 790 669 1,211 2,890 2,482 330 279 1,247 66 131 10 801 3,889 2,796 1,093 1,047 997 1,781 3,577 3,177 308 290 1,292 63 114 10 773 3,985 2,899 1,086 1,053 1,022 1,915 3,841 3,387 317 291 1,351 51 116 8 748 4,031 2,973 1,058 1,061 1,052 1,924 3,982 3,473 326 290 1,367 47 117 8 702 4,027 3,006 1,022 1,145 959 1,820 3,898 3,551 334 302 1,382 49 124 6 535 3,918 2,913 1,005 1,152 909 1,680 3,875 3,438 323 303 1,294 142 21 33 327 1,206 843 363 570 243 604 1,069 1,130 146 34 594 208 28 23 324 1,518 1,100 417 539 297 676 1,320 1,181 155 36 623 228 58 28 602 1,830 1,334 496 742 487 1,041 1,639 1,571 167 42 714 215 55 29 654 1,986 1,495 491 784 526 1,137 1,702 1,619 185 43 752 185 54 27 646 2,108 1,612 498 808 536 1,171 1,788 1,720 195 40 788 190 60 26 547 2,163 1,666 497 855 514 1,121 1,766 1,758 204 45 811 189 68 28 466 2,077 1,579 499 743 532 1,078 1,720 1,746 203 44 818 SURVEY OF CURRENT BUSINESS August 1994 • pi labile 2.—Gross State Product for States and Regions, by Industry for Selected Years in 1977-91—Continued [Millions of 1987 dollars] 1977 | 1982 1987 1988 1989 1990 1991 11 1977 1982 1987 Mideast Total Qfoss state product Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods ... Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Federal civilian government Federal military State and local government Total gross stats product Total gross state product Total gross state product 1991 734,377 908,066 948,374 958,843 957,848 951,168 10,115 10,696 14,786 15,497 16,797 17,176 17,572 2,720 1,152 2,513 28,651 142,651 79,187 63,464 68,957 36,155 58,159 137,876 125,894 27,769 4,617 64,305 3,495 1,528 1,993 27,032 134,221 67,511 66,710 66,970 45,057 57,646 155,783 143,324 27,203 4,955 65,169 4,382 2,594 2,447 43,579 152,348 76,331 76,017 82,330 63,299 79,234 193,568 179,626 26,912 5,483 72,265 4,115 2,521 2,625 43,960 159,666 82,754 76,913 86,339 65,004 84,123 202,943 189,126 28,039 5,422 74,491 3,972 2,586 2,668 43,535 157,549 81,639 75,910 85,536 66,389 86,051 204,794 195,579 28,522 5,361 76,298 4,036 2,844 2,686 41,371 155,278 79,079 76,200 89,583 64,536 83,340 202,096 199,377 29,264 5,446 77,990 3,895 3,044 2,458 36,973 152,501 78,183 74,318 91,160 64,013 80,892 209,210 195,054 29,267 5,457 77,244 95 19 20 677 3,155 697 2,459 936 394 766 1,439 1,308 161 188 955 116 21 2 662 3,279 739 2,540 741 486 776 1,861 1,457 163 185 946 176 45 3 780 4,028 928 3,100 1,008 605 1,076 3,758 1,891 214 195 1,006 222 41 4 844 3,790 861 2,929 1,051 653 1,191 4,125 2,101 248 193 1,036 209 40 5 788 4,111 1,024 3,087 1,154 665 1,233 4,888 2,200 248 191 1,065 187 44 6 769 4,236 918 3,317 1,098 673 1,229 5,161 2,236 252 188 1,097 186 48 7 738 4,026 860 3,167 1,094 686 1,210 5,826 2,206 244 191 1,109 Maryland 27,343 26,576 29,371 30,855 31,821 31,918 31,568 61,843 66,606 88,790 93,086 95,754 96,143 94,917 0 5 2 699 851 69 782 1,991 504 1,264 2,974 6,933 9,623 785 1,712 0 3 2 459 900 48 853 1,590 485 1,201 3,441 7,688 8,890 768 1,150 0 8 8 527 1,169 159 1,010 1,740 538 1,383 3,890 9,378 8,553 733 1,442 0 9 8 524 1,246 153 1,093 1,894 554 1,456 4,120 9,895 8,899 742 1,509 0 10 7 536 1,239 156 1,083 1,923 545 1,484 4,334 10,360 9,055 746 1,582 0 10 8 541 1,137 147 991 1,945 549 1,433 4,214 10,515 9,240 792 1,534 0 10 10 446 989 144 846 2,127 556 1,321 4,041 10,377 9,409 831 1,448 312 151 55 3,839 8,598 4,901 3,696 5,313 2,769 6,399 10,588 10,713 5,522 1,232 6,353 397 198 82 3,212 8,197 4,289 3,908 5,184 3,621 6,637 12,934 12,648 5,332 1,367 6,797 558 367 130 6,512 9,723 5,281 4,443 7,401 5,715 9,761 16,083 18,290 5,559 1,476 7,215 576 354 133 6,789 10,023 5,635 4,388 8,196 5,933 10,326 17,244 18,847 5,752 1,460 7,454 534 373 138 ' 6,878 10,090 5,678 4,413 8,395 6,109 10,693 17,797 19,683 5,931 1,454 7,677 564 476 142 6,727 10,406 5,687 4,719 8,247 5,823 10,275 17,964 20,049 6,082 1,477 7,913 564 424 138 5,833 10,021 5,512 4,509 8,900 5,860 9,959 17,863 19,836 6,091 1,498 7,930 New York 117,385 128,553 171,774 182,011 184,812 182,473 180,952 308,721 328,078 398,315 415,719 414,169 413,720 408,756 262 245 102 4,690 27,480 12,559 14,921 11,989 6,661 10,084 22,270 19,299 2,631 800 10,872 307 333 73 5,127 27,650 11,448 16,202 12,142 9,168 10,311 24,673 23,580 2,839 781 11,569 448 605 111 9,197 33,629 13,543 20,086 16,359 14,643 15,260 33,293 31,836 2,655 826 12,911 417 582 119 9,360 35,033 14,450 20,583 17,538 15,312 16,355 36,005 34,209 2,735 800 13,546 412 581 128 8,892 34,164 13,647 20,518 17,661 16,012 16,446 37,634 35,472 2,815 766 13,828 367 591 113 8,014 32,832 12,536 20,296 17,946 15,691 15,857 36,942 36,298 2,874 744 14,206 392 626 98 6,875 31,896 11,993 19,903 18,614 15,800 15,298 37,443 35,854 2,927 691 14,437 937 428 456 9,566 56,322 31,131 25,191 30,827 17,961 23,814 71,786 59,917 5,319 1,003 30,388 1,318 556 271 10,369 54,421 28,018 26,403 31,142 21,823 23,664 80,553 66,752 5,263 1,094 30,850 1,458 771 426 16,787 59,657 31,913 27,743 35,504 28,869 32,401 100,054 80,428 5,098 1,309 35,554 1,310 816 481 16,754 63,819 35,298 28,521 36,700 29,187 34,316 103,511 85,411 5,384 1,339 36,690 1,274 857 479 16,651 62,471 35,157 27,315 34,646 29,288 34,946 101,445 87,673 5,408 1,392 37,640 1,358 915 457 15,845 61,328 34,025 27,303 38,329 28,385 33,808 98,769 89,058 5,671 1,373 38,425 1,359 1,001 371 14,213 60,055 33,836 26,219 37,564 27,525 32,540 104,658 85,400 5,460 1,378 37,230 Pennsylvania Farms Agricultural services forestry and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services . . . . . . . Federal civilian government Federal military State and local government 1990 701,418 New Jersey Farms Agricultural services, forestry, and fisheries Mining . .. Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Federal civilian government Federal military State and local government 1989 Delaware District of Columbia Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods ... Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Federal civilian government Federal military State and local government 1988 Great Lakes 176,011 173,868 205,030 211,207 215,490 216,417 217,404 681,257 633,395 756,970 778,966 796,011 795,387 789,420 1,114 304 1,878 9,180 46,245 29,830 16,415 17,901 7,866 15,831 28,820 27,724 4,513 609 14,025 1,357 417 1,562 7,203 39,774 22,970 16,804 16,171 9,475 15,057 32,322 31,199 4,714 759 13,857 1,742 797 1,770 9,776 44,141 24,506 19,635 20,318 12,929 19,353 36,490 37,803 4,832 943 14,137 1,590 719 1,880 9,689 45,756 26,356 19,400 20,960 13,365 20,479 37,938 38,663 5,022 889 14,257 1,544 724 1,911 9,791 45,473 25,977 19,495 21,759 13,769 21,249 38,696 40,192 5,066 812 14,505 1,561 809 1,960 9,476 45,340 25,766 19,574 22,019 13,415 20,739 39,046 41,222 5,145 872 14,815 1,394 934 1,834 8,867 45,513 25,838 19,675 22,861 13,585 20,564 39,379 41,380 5,135 867 15,090 10,956 1,142 4,349 33,365 211,263 154,853 56,410 59,429 32,100 61,095 106,144 93,776 10,993 3,084 53,561 10,430 1,525 3,607 23,032 164,110 106,757 57,353 54,073 37,017 56,930 111,816 100,176 11,328 3,182 56,170 9,287 2,543 4,934 30,275 205,513 137,482 68,030 71,004 51,302 70,860 122,234 116,938 11,480 3,575 57,024 7,254 2,404 5,220 30,925 215,245 144,956 70,289 70,535 52,631 74,722 127,579 119,469 11,856 3,524 57,602 10,464 2,452 5,069 31,958 213,287 143,766 69,521 73,404 55,288 76,959 129,573 123,038 12,280 3,500 58,738 10,677 2,757 5,181 32,246 210,241 139,467 70,774 72,843 54,184 75,656 129,314 126,036 12,621 3,492 60,139 9,118 3,109 4,928 30,573 202,255 131,747 70,508 75,580 55,771 75,580 130,038 125,647 J2.467 3,361 60,992 92 • August 1994 SURVEY OF CURRENT BUSINESS Table 2.—Gross State Product for States and Regions, by Industry for Selected Years in 1977-91—Continued [Millions of 1987 dollars] 1977 1982 1987 1988 1989 1990 1991 | 1977 1982 1987 Illinois Total gross state product . Farms Agricultural services forestry and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government . . . . Federal military State and local government 200 507 192416 3722 333 1 505 10440 48720 30484 18236 19091 11 718 18034 35518 31,055 3035 443 3691 1 412 15269 1298 7757 40131 21 494 18638 18079 13830 16674 36121 33,965 3921 1400 15761 226 333 2133 739 1 618 10020 46242 26065 20178 24343 18804 20700 41 573 39,032 Total gross state product Total gross state product Total gross state product . 1991 239 503 240 279 240 286 82489 76376 92827 95173 99050 99353 99170 1 319 740 2860 747 1 715 10500 48311 27773 20538 24588 20273 22534 44549 41,742 2806 859 1 731 10650 48385 27646 20739 24673 19797 21 989 44297 43,064 2250 985 1 712 9989 47195 26261 20934 26323 20259 21 857 44678 42854 1 940 126 372 4276 27784 21 126 6658 7540 3432 7994 11 887 9,601 1 382 337 5820 1 770 213 427 1 461 303 659 3868 29007 20 129 8878 917 280 691 3955 29797 20797 1 690 278 754 1 703 312 811 1 214 362 750 4204 30102 20849 9252 10068 1708 10 164 48532 27686 20846 25293 19161 21 844 43524 40,303 3914 4011 1 477 15738 1 428 15338 4146 1422 4271 1415 16117 16344 4178 1 344 16663 3145 22013 15803 6210 6776 3797 7553 12429 10150 1 437 364 6302 158814 134332 167004 171 082 1,303 233 1 004 6,683 59583 50805 8,778 11 595 6039 13,458 22350 20607 1,747 516 13,696 1,435 269 694 4,301 38336 30,101 8,235 9628 6588 12,005 23993 20831 1,789 501 13,963 1,358 494 1 011 5,917 52411 41,164 11,247 13371 10323 15,219 25244 25332 1,765 574 13,983 1,241 475 1 225 6,236 54577 42659 11,918 12882 10530 15,885 26102 25335 1,864 574 14,157 9001 9416 5153 9745 5297 9407 13*012 12012 1 591 442 6494 13536 12345 1 622 434 6637 9915 4102 4138 31 255 21 850 9405 9804 5669 10 192 13704 12730 1 706 420 6746 30597 21 303 9294 9895 5612 5810 10 117 13758 13,100 1 749 424 7137 10 172 13827 13248 1 720 413 7280 Ohio 172535 1478 481 1 073 6,387 51 811 39865 11,946 13943 11 074 16,495 26594 26385 1,882 575 14,359 168445 164 198 169387 1,495 542 1 107 6,228 49096 37339 11,757 13147 10743 15,957 26203 26599 1,936 566 14,826 1 541 585 1 075 5,705 45377 33574 11,802 13049 10961 15,897 26427 26262 1,874 546 14,900 1,712 284 1 345 8,114 54611 39,166 15,445 15651 7831 15,367 24929 23045 3,334 674 12,491 189217 194370 197920 198711 196815 1,512 1,555 366 614 1 122 1 537 5,656 7,388 54225 44667 28650 36224 16,017 18,001 14326 17467 9052 • 12108 14,691 18,198 25701 28880 24849 29268 3,077 3,246 735 847 13,137 14,053 1,630 557 1 482 7,458 56896 38361 18,535 15642 12530 19,277 30285 30002 3,144 850 14,616 1,894 587 1767 7,688 56257 38346 17911 18089 12870 19,656 30493 30293 3,268 852 14,574 2044 638 1 402 7,773 56152 37374 18778 17929 12704 19,487 30569 31049 3,367 849 14,747 54135 35894 18241 18671 13270 19,426 30466 30823 3,355 837 14,915 159 060 1399 704 1253 7195 Plains 70058 71 211 81 590 84974 87003 88599 88950 254328 265 080 305 688 312113 321 606 326919 327 688 2,279 166 123 2,678 235 66 2,146 352 113 2172 20,566 13272 7,295 5,551 3080 6244 11,460 9,468 839 145 6,285 18,963 10709 81254 5,265 3750 6,007 13,572 10,380 934 183 7,006 2,541 359 128 3282 25,655 15933 9,722 6,979 5403 8,083 14,233 11,888 1,278 232 6,942 2,629 406 130 3458 26,012 15805 10,207 7,199 5328 8,106 14,487 12,224 1,298 238 7,085 2,347 473 137 3480 25,448 15168 10,279 7,470 12,812 745 2,727 14953 48,853 29196 19,657 25,457 14849 24535 41,772 36,143 6,103 2944 22,437 13,908 1,054 2,550 10608 48,233 25681 22,552 24,867 18039 24294 47,301 40,887 6,201 2857 24,280 13,218 1,706 2,625 12952 60,927 34407 26,520 31,281 22517 29674 49,887 45,519 7,122 3,112 25,147 11,118 1,477 2,917 12 162 64,321 36983 27,338 33,142 22982 31475 50,862 46,547 6,520 3,130 25,462 13,547 1,381 2,637 12064 65,858 37694 28,163 34,079 24003 32,184 52,094 48,095 6,807 3,135 25,724 15,606 1,599 3,146 12151 66,444 36983 29,461 34,647 23639 31,681 51,613 49,284 7,704 3,111 26,293 14,488 3851 2,780 393 109 3082 23,626 13900 9,726 6,407 3,057 11749 64,698 35445 29,253 35,980 24559 32,021 52,553 49,705 7,460 3,033 26,514 3113 25,443 15454 9,989 6,973 4913 5113 7,337 13,526 11,295 1,132 234 6,756 7,801 14,131 11,483 1,215 237 6,853 5471 8,229 14,641 12,460 1,340 222 7,234 1869 Kansas Iowa Farms Agricultural services forestry and fisheries Mining Construction Manufacturing Durable goods . . . Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government Federal military State and local government 1990 233 366 Wisconsin Farms Agricultural services forestry and fisheries . . Mining .-. Construction . .. . Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services .. .. Federal civilian government . Federal military State and local government 1989 Indiana Michigan Farms Agricultural services forestry and fisheries Mining Construction .'. Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government Federal military State and local government 1988 44,299 43,150 44,235 45,029 47,558 48,584 48,403 35,649 38,957 43,766 44,694 44,466 45,913 45,798 3319 3391 5613 6251 4,493 4,024 3022 4,622 4,311 3085 4304 7,378 5,865 750 148 4,243 1 743 129 798 1,634 6895 3563 3,332 4,067 2450 3360 7,204 5,470 804 853 3,548 1 825 220 964 1,636 8753 4735 4,018 5,509 214 758 1,512 8665 4735 3,930 5,934 1 797 287 806 1,492 8856 3913 1 431 106 1,356 2,147 6442 3573 2,869 3,842 1 932 3,290 5,528 4,793 798 851 3,134 1 981 243 886 1,505 5006 3636 319 91 1,592 11 767 6760 5,007 4,354 3209 4,484 7,440 6,212 1 718 281 949 1,802 8919 3229 268 90 1,475 11274 6663 4,612 4,396 3289 4,506 7,604 6,061 910 142 4,313 1422 267 66 1,507 2268 322 90 1,393 10872 3185 170 102 2,640 9978 6049 3929 3,972 2346 4078 3028 375 97 1,347 10106 3138 3198 4427 6,673 6,044 954 885 3,665 4475 6,612 6,204 833 878 3,762 7196 5,697 631 89 4081 3,405 2683 3655 8,230 5,903 772 108 4,244 4061 7,224 5,754 978 145 4,076 1015 145 4,320 387 98 1,605 11478 6474 5,004 4,437 3371 4,581 7,555 6,342 913 137 4,313 8410 4389 4,020 5,273 3150 4157 6,665 5,906 937 869 3,652 9 ' 8891 4813 4712 4,077 5,920 3207 4,144 5,973 3308 4411 4515 6,749 6,368 1 072 849 6672 6,460 981 804 3847 3831 SURVEY OF CURRENT BUSINESS August 1994 93 Table 2.—Gross State Product for States and Regions, by Industry for Selected Years In 1977-91—Continued [Millions of 1987 dollars] 1977 I 1982 1987 1988 1989 1990 1991 || 1977 1982 1987 1988 Minnesota Total cross state product Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods .... Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Federal civilian government Federal military State and local government Total gross stats product . . . . Total gross state product 66,787 81,493 83,992 87,854 88,508 89,143 72,168 71,988 88,764 90,531 92,160 92,157 91,644 2,957 161 402 3,611 11,780 6,957 4,822 5,629 3,861 5,750 10,985 9,106 1,185 195 5,860 2,776 228 476 2,565 13,018 6,916 6,101 5,714 4,759 6,169 12,494 10,745 1,249 173 6,422 2,815 325 308 3,910 17,952 10,458 7,494 6,778 6,279 7,750 13,879 12,893 1,523 230 6,851 1,975 287 462 3,610 19,331 11,156 8,175 7,262 6,569 8,320 14,290 13,275 1,369 232 7,010 2,857 295 512 3,671 19,743 11,426 8,318 7,606 6,917 8,605 14,894 13,975 1,531 229 7,017 2,984 354 706 3,676 19,614 10,948 8,665 7,697 6,795 8,426 14,688 14,386 1,684 242 7,258 2,564 383 749 3,509 19,417 10,809 8,608 8,198 7,111 8,407 15,160 14,427 1,617 230 7,373 1,733 159 323 3,887 16,416 10,323 6,093 7,933 4,172 7,187 11,074 10,870 2,380 686 5,348 1,567 219 266 2,988 15,048 8,139 6,909 7,453 5,071 7,047 11,340 12,552 2,266 629 5,541 1,497 370 343 4,202 19,399 11,221 8,178 10,147 6,442 9,289 13,579 14,405 2,325 682 6,083 1,361 334 346 3,898 19,954 11,769 8,184 10,613 6,543 9,717 14,020 14,652 2,314 666 6,113 1,479 314 348 3,759 20,628 11,798 8,830 10,754 6,830 9,741 14,166 14,921 2,337 683 6,201 1,469 349 374 3,686 20,292 11,186 9,106 11,155 6,620 9,498 14,126 15,149 2,406 687 6,346 1,459 408 366 3,455 19,146 10,101 9,045 11,571 6,852 9,480 14,263 15,164 2,443 674 6,363 North Dakota 23,100 24,341 26,498 27,923 28,534 29,825 30,548 8,961 10,735 10,209 9,346 9,929 10,538 10,380 1,659 84 88 1,210 3,059 1,695 1,365 2,389 1,423 2,308 4,111 3,194 560 519 2,495 2,093 122 63 859 3,124 1,487 1,637 2,418 1,725 2,228 4,396 3,479 574 526 2,734 1,950 208 78 915 3,529 1,860 1,669 3,017 2,137 2,388 4,429 3,759 745 576 2,767 2,440 185 75 906 3,811 2,136 1,675 3,286 2,161 2,529 4,613 3,895 697 578 2,747 2,473 168 65 931 3,911 2,066 1,845 3,312 2220 2,615 4,758 4,036 703 576 2,768 2,996 195 64 956 4,147 2,213 1,934 3,432 2,292 2,607 4,656 4,200 844 570 2,863 3,090 233 73 952 3,993 2,232 1,761 3,688 2,338 2,694 4,910 4,280 809 570 2,918 772 31 373 825 514 249 264 825 621 927 1,447 1,242 238 388 759 1,170 39 805 741 500 202 298 977 783 896 1,853 1,425 246 353 947 1,035 64 703 402 609 286 323 1,149 843 936 1,581 1,390 245 368 884 275 53 803 366 617 320 298 1,163 820 1,022 1,501 1,387 121 371 847 852 50 683 361 640 358 282 1,121 845 1,054 1,554 1,412 147 371 839 1,062 58 827 366 663 363 300 1,134 820 1,045 1,652 1,434 270 361 847 963 68 749 363 704 374 330 1,090 833 1,063 1,570 1,449 325 363 840 Southeast 8,671 9,122 10,723 10,597 11,105 11,394 11,773 679,117 755,639 951,228 989,832 1,010,570 1,023,728 1,034,861 941 35 84 631 664 349 314 868 493 995 1,431 1,242 311 217 760 1,169 49 76 313 729 367 362 833 568 939 1,785 1,313 290 214 844 1,174 83 147 373 923 581 342 895 646 1,093 2,531 1,412 368 242 834 975 75 176 353 982 616 366 997 666 1,156 2,387 1,429 314 249 837 1,235 71 181 355 997 650 347 956 704 1,188 2,505 1,486 346 256 823 1,479 82 198 371 1,071 699 371 955 695 1,210 2,301 1,534 414 258 828 1,432 102 217 372 1,105 744 361 1,024 746 1,281 2,423 1,585 372 256 860 11,430 2,103 24,147 39,052 147,123 58,575 88,549 60,876 32,298 64,633 101,638 92,956 23,808 19,360 59,694 13,824 2,727 20,396 35,769 148,714 57,682 91,032 68,028 42,151 72,057 126,946 111,022 25,149 20,828 68,028 15,246 4,888 22,775 47,159 193,255 86,213 107,042 92,000 61,535 98,822 146,542 144,696 26,989 22,018 75,303 16,785 4,599 25,763 46,540 199,614 90,274 109,340 98,609 63,197 105,177 153,595 148,387 28,475 21,845 77,247 15,444 4,609 23,262 46,069 202,931 92,093 110,838 100,126 66,223 108,392 157,253 155,506 28,896 21,796 80,063 15,885 5,062 24,873 46,019 203,075 91,786 111,289 103,432 64,933 107,469 158,197 160,731 29,282 21,392 83,380 18,036 5,753 25,163 42,258 201,671 91,910 109,761 109,865 66,975 107,260 159,078 162,192 30,335 21,472 84,805 Alabama Total gross state product Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services . . Federal civilian government . Federal military State and local government 1991 61,482 South Dakota Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade .. Finance, insurance, and real estate Services Federal civilian government Federal military State and local government 1990 Missouri Nebraska Farms . . . . Agricultural services forestry and fisheries Mining Construction Manufacturing Durable goods . . Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government . Federal military State and local government 1989 Arkansas 45,530 48,388 59,545 61,084 61,904 62,987 64,049 25,486 26,548 32,078 33,151 33,588 34,243 35,201 704 116 832 2,970 10,188 4,937 5,251 4,411 2,349 4,188 6,406 5,639 2,635 949 4,143 878 155 1,024 1,775 10,264 4,787 5,477 4,868 2,686 4,239 7,607 6,405 2,716 1,076 4,696 962 299 950 2,312 14,378 7,146 7,232 5,857 3,616 5,649 8,125 8,230 2,911 1,134 5,122 1,129 239 1,103 2,239 14,618 7,359 7,259 6,557 3,596 5,887 8,367 8,133 2,940 1,119 5,157 1,090 253 1,184 2,219 14,297 6,817 7,481 6,588 3,790 6,045 8,730 8,388 2,941 1,070 5,309 1,189 284 1,502 2,332 14,668 7,380 7,288 6,851 3,735 5,972 8,521 8,583 2,835 1,035 5,480 1,522 336 1,396 2,272 14,669 7,451 7,218 6,788 3,786 6,121 8,712 8,787 3,017 1,019 5,623 1,252 91 519 1,643 5,873 3,279 2,594 2,369 1,179 2,548 3,758 3,232 577 396 2,048 1,200 103 416 1,158 6,050 2,950 3,100 2,549 1,338 2,629 4,199 3,585 559 397 2,365 1,318 234 353 1,192 7,961 4,292 3,669 3,674 1,838 3,394 4,463 4,107 621 440 2,483 1,564 197 389 1,128 8,204 4,448 3,756 4,044 1,851 3,555 4,471 4,116 709 426 2,496 1,221 189 339 1,102 8,534 4,466 4,067 4,021 1,925 3,677 4,664 4,257 734 418 2,508 1,228 207 372 1,212 8,766 4,440 4,326 4,279 1,883 3,683 4,524 4,373 693 424 2,599 1,295 245 365 1,152 8,837 4,575 4,261 4,500 1,974 3,845 4,637 4,490 737 416 2,708 94 ® August 1994 SURVEY OF CURRENT BUSINESS Table 2.—Gross State Product for States and Regions, by Industry for Selected Years in 1977-91—Continued [Millions of 1987 dollars] 1977 1982 1987 1988 1989 1990 1991 || 1977 1982 | 1987 1988 Florida Total gross state product Farms Agricultural services forestry and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government , Federal military State and local government TotaS gross stat3 product Total QTOSS state product ... . 143,814 197,054 205,938 213,320 216,334 217,900 70,240 82,055 115,171 119,829 121,295 122,154 123,831 1,907 794 956 7,001 11,265 5,632 5,632 11,544 5,961 12,959 22,202 22,685 3,055 3,150 11,599 2,493 990 1,137 9,318 15,063 8,274 6,790 13,751 8,536 16,269 27,623 28,877 3,239 3,267 13,252 3,490 1,710 740 12,156 20,259 11,830 8,429 18,966 13,802 24,020 38,049 40,629 3,666 3,552 16,015 3,862 1,678 790 12,023 20,977 12,240 8,738 20,406 14,386 26,163 39,971 41,387 3,906 3,508 16,880 3,514 1,675 756 11,888 21,471 12,833 8,638 20,641 15,011 27,029 41,618 43,919 4,204 3,608 17,986 3,232 1,853 731 11,423 21,324 12,586 8,738 21,404 14,811 26,858 42,086 45,651 4,161 3,716 19,084 3,790 2,116 741 10,075 20,912 12,635 8,277 22,669 15,074 26,272 42,695 45,965 4,420 3,724 19,447 859 178 376 3,585 14,972 6,170 8,802 7,214 4,705 6,771 10,582 9,714 2,905 1,917 6,462 1,434 215 342 3,573 16,199 5,871 10,328 8,271 6,445 7,547 14,080 11,436 2,901 2,094 7,517 1,483 443 692 6,152 23,845 10,688 13,157 12,415 10,593 11,291 17,368 16,983 3,125 2,137 8,645 1,698 446 692 5,739 24,492 10,898 13,594 13,181 11,065 11,878 18,414 17,734 3,337 2,177 8,977 1,652 446 714 5,367 23,715 10,153 13,561 13,393 11,571 12,212 18,874 18,426 3,403 2,154 9,367 1,623 473 695 5,430 23,720 9,569 14,151 13,930 11,122 12,038 18,981 19,221 3,144 2,017 9,759 2,013 531 642 4,787 23,367 9,241 14,126 15,168 11,545 11,860 19,208 19,271 3,560 2,104 9,775 Louisiana 49,268 48,862 55,536 57,508 59,112 60,056 60,453 71,082 78,609 75,205 79,673 77,286 79,071 80,544 1,386 88 2,299 2,639 14,702 6,433 8,269 3,869 1,865 4,288 6,470 5,532 1,334 1,264 3,532 1,804 162 2,421 2,067 12,016 5,045 6,971 3,883 2,222 4,416 7,353 6,038 1,404 1,207 3,869 1,559 257 2,630 2,256 14,332 7,089 7,243 4,837 2,893 5,283 7,595 6,935 1,646 1,239 4,073 1,453 233 2,801 2,221 15,075 7,825 7,250 5,366 2,906 5,617 7,798 7,023 1,680 1,231 4,105 1,620 235 2,943 2,266 15,306 8,199 7,107 5,456 3,107 5,735 7,975 7,281 1,765 1,208 4,216 1,708 250 3,070 2,270 15,176 8,208 6,967 5,847 3,068 5,754 8,019 7,549 1,850 1,074 4,420 1,800 282 2,910 2,195 14,717 7,794 6,922 6,162 3,223 5,903 7,938 7,726 1,883 1,045 4,670 768 160 14,444 4,856 11,177 3,106 8,071 6,389 2,891 5,562 10,292 7,838 889 832 4,984 756 190 10,189 5,098 10,210 3,220 6,989 8,041 3,966 6,554 14,839 10,416 1,022 936 6,392 708 256 11,864 2,850 11,915 3,094 8,821 8,405 3,989 6,432 11,262 9,960 989 1,061 5,516 862 240 13,816 2,887 13,601 3,319 10,282 8,521 3,997 6,608 11,702 9,955 1,111 1,077 5,295 592 251 11,061 2,902 14,402 3,476 10,926 8,383 4,104 6,774 11,245 10,196 1,072 1,073 5,232 643 276 11,847 3,143 14,222 3,612 10,610 8,646 3,971 6,576 11,644 10,439 1,118 1,066 5,480 679 324 12,601 3,340 13,583 3,553 10,030 9,480 4,193 6,737 11,243 10,504 1,112 1,105 5,643 North Carolina 27,910 29,005 33,743 34,693 34,826 35,053 35,636 '80,549 86,243 113,246 118,442 122,182 123,195 124,501 1,084 96 691 1,647 6,470 3,476 2,994 2,525 1,242 2,808 3,967 3,329 793 687 2,570 1,021 111 688 1,467 6,324 3,357 2,966 2,527 1,419 2,898 4,694 3,483 772 111 2,823 970 203 800 1,127 7,940 4,518 3,423 4,594 1,639 3,574 4,692 3,763 815 765 2,862 1,083 170 922 1,111 8,332 4,752 3,580 4,543 1,730 3,651 4,830 3,723 916 751 2,933 727 169 739 1,159 8,531 4,744 3,787 4,540 1,807 3,717 4,861 3,830 932 715 3,098 741 188 829 1,185 8,661 4,739 3,922 4,632 1,795 3,675 4,779 3,867 912 677 3,112 847 216 703 1,125 8,745 4,792 3,953 4,956 1,859 3,712 4,815 3,978 942 662 3,077 1,565 188 180 3,671 27,488 7,750 19,738 6,633 3,435 7,096 10,204 9,069 1,442 2,577 7,002 1,870 257 189 2,888 27,391 8,271 19,120 6,871 4,572 7,568 12,626 9,926 1,605 2,742 7,739 2,177 512 383 5,087 35,433 12,776 22,656 9,162 7,211 11,319 15,219 13,169 1,641 3,001 8,933 2,364 476 379 5,079 36,738 13,703 23,035 9,776 7,409 12,231 16,089 13,930 1,833 2,936 9,203 2,330 463 401 4,950 37,636 14,789 22,847 10,466 7,831 12,611 16,402 14,670 1,819 2,995 9,609 2,701 505 401 4,993 37,150 14,794 22,355 10,552 7,755 12,393 16,837 15,322 1,912 2,670 10,006 3,048 569 429 4,607 36,917 14,871 22,046 11,469 7,997 12,438 16,866 15,371 1,967 2,621 10,202 South Carolina Totai gross state product Farms Agricultural services forestry and fisheries Minino . Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government Federal military State and local government . . ... 1991 115,079 Mississippi Farms Agricultural services, forestry, and fisheries Mining Construction .. . Manufacturing Durable goods Nondurable goods Transoortation and public utilities Wholesale trade . Retail trade , Finance, insurance and real estate Services Federal civilian government Federal military State and local government 1990 Georgia Kentucky Farms Agricultural services forestry and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and reai estate Services ... Federal civilian government Federal military State and local government 1989 Tennessee 34,045 38,349 50,848 53,096 54,727 56,884 57,478 57,771 62,560 80,781 83,105 84,532 84,644 86,763 436 95 83 1,637 9,059 2,938 6,121 2,482 1,454 3,407 4,700 4,155 1,081 1,975 3,481 519 126 71 1,569 9,846 2,992 6,854 3,187 1,861 3,665 5,604 4,659 1,115 1,955 4,173 467 226 123 2,728 13,778 4,854 8,925 4,489 2,554 5,447 6,692 6,228 1,221 1,938 4,957 547 221 132 2,786 14,073 5,279 8,794 5,062 2,588 5,779 7,196 6,396 1,311 1,883 5,124 515 223 136 2,892 14,711 5,495 9,216 5,320 2,741 6,069 7,219 6,788 1,052 1,863 5,198 461 244 143 3,296 15,043 5,635 9,408 5,397 2,774 6,236 7,568 7,127 1,327 1,887 5,381 587 264 143 2,935 15,619 5,718 9,901 5,532 2,780 6,190 7,486 7,171 1,370 1,886 5,516 850 112 344 3,057 14,932 6,855 8,076 3,931 3,350 6,079 8,625 8,217 2,735 476 5,062 1,080 170 286 2,547 14,495 5,931 8,564 4,168 3,938 6,750 10,374 9,857 3,062 523 5,311 1,019 257 350 3,579 19,403 9,647 9,756 6,519 5,886 9,305 11,770 12,686 3,501 546 5,960 1,029 233 372 3,433 20,017 10,066 9,951 6,824 5,880 9,883 12,188 13,104 3,507 543 6,094 941 228 360 3,399 20,712 10,522 10,190 6,705 6,066 9,995 12,231 13,767 3,440 537 6,149 1,017 260 364 3,237 20,486 10,078 10,408 6,808 6,029 9,921 11,951 14,098 3,639 556 6,277 1,099 296 332 3,123 21,148 10,622 10,526 7,377 6,272 10,115 12,237 14,317 3,621 539 6,286 SURVEY OF CURRENT BUSINESS August 1994 • 95 Table 2.—Gross State Product for States and Regions, by Industry for Selected Years m 1977-91—Continued [Millions of 1987 dollars] 1977 1982 1987 1988 1989 1990 1991 11 1977 1982 1987 1988 Virginia Total gross state product Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade . Finance, insurance, and real estate Services Federal civilian government Federal military State and local government Total gross state product . Total gross state product Total gross state product . ... 1991 87,891 113,936 118,439 122,553 123,340 122,596 24,246 23,313 24,086 24,874 25,243 25,768 25,909 542 158 892 4,600 15,830 5,263 10,566 6,550 2,951 6,841 11,130 10,742 5,956 5,078 6,641 670 203 895 3,373 17,338 5,349 11,988 6,965 4,072 7,444 14,091 13,234 6,327 5,787 7,493 923 439 993 6,768 20,048 8,269 11,779 9,926 6,286 10,876 17,921 18,871 6,405 6,113 8,368 1,029 417 1,129 6,961 19,503 8,430 11,073 10,771 6,573 11,647 19,109 19,742 6,746 6,102 8,711 1,073 423 1,156 7,012 19,524 8,612 10,912 11,031 7,021 12,220 20,003 20,768 7,031 6,063 9,230 1,140 462 1,174 6,490 19,726 8,768 10,959 11,510 6,741 12,075 19,882 21,211 7,174 6,175 9,581 1,152 502 1,155 5,640 19,224 8,724 10,500 12,068 6,950 11,774 19,824 21,256 7,179 6,257 9,616 76 27 2,532 1,746 5,168 2,734 2,434 2,959 915 2,085 3,301 2,803 405 59 2,171 100 46 2,738 936 3,520 1,635 1,885 2,947 1,095 2,079 3,857 3,107 426 66 2,397 169 50 2,896 954 3,962 2,011 1,952 3,156 1,229 2,234 3,386 3,137 448 93 2,370 165 50 3,238 933 3,984 1,955 2,029 3,558 1,218 2,278 3,462 3,144 478 93 2,274 169 53 3,472 913 4,092 1,986 2,106 3,582 1,249 2,307 3,430 3,216 504 93 2,162 203 61 3,744 1,008 4,134 1,977 2,157 3,576 1,249 2,288 3,403 3,289 515 95 2,202 202 72 3,746 1,008 3,933 1,933 2,000 3,697 1,322 2,293 3,418 3,355 527 95 2,241 Arizona 333,268 402,910 432,723 452,213 459,081 470,317 476,156 33,820 40,991 57,784 59,952 60,442 60,593 60,453 4,748 1,003 36,969 24,436 50,877 26,477 24,401 32,503 15,458 29,667 51,360 43,854 9,805 6,938 25,652 5,193 1,360 28,833 24,196 56,256 31,263 24,993 40,801 24,530 36,954 77,437 57,570 10,031 6,877 32,873 6,382 1,976 30,979 19,668 65,386 33,787 31,598 46,234 28,240 43,667 67,494 69,186 10,369 7,092 36,050 6,578 1,939 34,893 17,756 74,091 38,569 35,522 47,950 28,631 46,050 68,810 71,372 10,779 6,988 36,377 5,927 1,886 28,912 17,537 76,408 40,239 36,169 50,534 29,584 47,157 72,472 73,834 10,748 6,922 37,159 7,239 2,102 32,365 17,720 76,724 41,126 35,599 51,785 29,527 47,438 73,371 76,671 10,791 6,711 37,873 7,409 2,458 32,174 17,906 74,906 43,309 31,597 54,612 31,323 48,243 73,260 77,861 10,901 6,454 38,650 595 179 463 2,802 4,130 3,307 822 3,484 1,300 3,747 5,893 5,534 1,269 852 3,574 614 236 581 2,892 5,341 4,226 1,115 3,572 1,838 4,480 7,431 7,031 1,309 841 4,825 937 361 536 3,899 8,320 6,663 1,657 5,498 3,134 6,633 10,345 10,308 1,430 870 5,512 1,022 358 886 3,374 8,901 7,187 1,714 5,948 3,064 6,942 10,402 10,989 1,471 885 5,710 862 350 852 3,145 9,022 7,240 1,783 5,738 3,362 7,201 10,386 11,286 1,485 897 5,855 904 376 1,117 2,962 9,128 7,360 1,768 5,620 3,297 7,079 10,432 11,420 1,531 871 5,856 982 440 1,227 2,838 8,859 7,202 1,658 5,112 3,458 7,124 10,503 11,517 1,582 842 5,967 Oklahoma 18,337 20,876 22,359 22,778 23,334 23,958 26,511 42,720 52,714 47,912 49,421 49,528 50,312 49,875 321 42 2,908 1,310 907 517 390 1,775 583 1,667 2,767 2,584 934 544 1,997 309 56 2,433 1,302 1,139 627 512 2,076 828 1,823 3,839 3,162 888 564 2,457 390 101 2,239 1,042 1,517 883 634 2,700 961 2,225 3,375 3,694 922 586 2,608 459 96 2,544 1,005 1,575 994 581 2,376 983 2,405 3,404 3,857 949 566 2,558 486 90 2,202 971 1,786 1,082 704 2,768 1,003 2,461 3,504 3,947 1,008 554 2,555 528 97 2,568 942 1,722 1,121 602 2,773 1,007 2,491 3,592 4,025 1,040 554 2,619 565 110 2,669 925 3,687 3,083 604 2,847 1,043 2,573 3,587 4,193 1,052 572 2,687 734 108 5,269 2,608 5,573 3,457 2,116 4,012 1,984 3,979 6,698 5,529 1,913 954 3,359 1,314 131 4,546 2,494 6,520 3,931 2,589 4,803 3,285 4,881 10,253 6,865 1,971 1,020 4,632 1,280 195 3,895 1,443 7,246 4,330 2,916 4,943 2,795 4,884 7,400 6,773 1,709 1,089 4,258 1,366 177 4,172 1,431 8,036 5,153 2,882 5,143 2,894 5,103 7,364 6,795 1,653 1,053 4,233 1,352 173 3,392 1,462 8,414 5,513 2,901 5,238 2,954 5,199 7,303 6,998 1,705 1,010 4,329 1,430 200 3,844 1,533 8,185 5,361 2,824 5,427 2,856 5,159 7,494 7,103 1,705 982 4,393 1,305 237 3,424 1,465 7,996 5,109 2,887 5,787 2,971 5,254 7,278 7,050 1,670 964 4,474 Texas Farms Agricultural services forestry, and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade . Finance, insurance and real estate Services Federal civilian government Federal military State and local government 1990 77,911 New Mexico Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Federal civilian government Federal military State. and local government 1989 West Virginia Southwest Farms . Agricultural services, forestry and fisheries Mining Construction Manufacturing > Durable goods Nondurable goods , Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government Federal military State and local government | Rocky Mountain 238,392 288,329 304,668 320,062 325,777 335,454 339,317 95,633 114,646 121,720 125,534 128,360 131,671 135,731 3,097 675 28,330 17,716 40,267 19,195 21,072 23,233 11,591 20,275 36,002 30,206 5,690 4,588 16,722 2,957 936 21,273 17,508 43,256 22,479 20,777 30,349 18,578 25,771 55,914 40,513 5,863 4,452 20,958 3,774 1,318 24,309 13,284 48,302 21,911 26,391 33,093 21,351 29,925 46,375 48,411 6,308 4,546 23,671 3,732 1,307 27,291 11,945 55,578 25,234 30,344 34,483 21,690 31,600 47,640 49,730 6,706 4,484 23,876 3,227 1,272 22,466 11,960 57,186 26,404 30,782 36,790 22,265 32,296 51,279 51,603 6,551 4,462 24,420 4,377 1,430 24,836 12,284 57,689 27,284 30,406 37,964 22,365 32,709 51,854 54,122 6,514 4,304 25,005 4,557 1,670 24,854 12,678 54,364 27,915 26,449 40,866 23,851 33,291 51,891 55,100 6,596 4,075 25,523 2,270 277 5,690 7,690 11,392 7,223 4,169 9,240 4,326 9,484 16,161 14,179 3,942 2,004 8,980 2,951 394 5,953 7,449 12,969 7,717 5,252 11,682 6,258 10,779 22,244 17,423 3,968 1,990 10,587 3,090 654 6,587 5,460 15,537 9,534 6,003 13,861 7,231 12,045 20,048 19,655 4,166 2,147 11,240 3,139 624 7,650 4,988 16,477 10,270 6,207 14,705 7,181 12,581 20,282 20,371 4,183 2,145 11,208 3,695 592 6,900 5,171 17,109 10,711 6,398 14,949 7,585 13,125 20,531 21,207 4,329 2,139 11,028 4,022 667 7,555 5,392 17,161 10,708 6,453 15,598 7,613 13,238 20,666 21,927 4,382 2,082 11,369 4,022 766 7,689 5,737 17,793 11,085 6,708 16,067 8,024 13,621 21,051 22,646 4,514 2,143 11,660 9 6 « August 1994 SURVEY OF CURRENT BUSINESS Table 2.—Gross State Product for States and Regions, by Industry for Selected Years in 1977-91—Continued [Millions of 1987 dollars] 1977 1982 1987 1988 1989 1990 1991 | 1977 1982 1987 Colorado Total gross stat© product Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government Federal military State and local government Total gross state product Total gross state product Total gross state product 1991 56145 60160 61 809 62966 64496 66235 12336 12730 13899 14589 15624 16 104 16496 751 119 1 435 3221 5479 3468 1,991 3937 2103 4,698 7724 7268 1 759 1,254 4,305 819 205 1 250 3873 6994 4267 2727 5071 3208 5656 11 421 9514 1 809 1 251 5,073 891 296 1 360 2941 8035 4908 3,128 6292 3894 6372 10483 10874 1 848 1 329 5545 1 095 283 1 562 2643 8344 5157 3187 6713 3834 6554 10631 11 435 1 912 1 319 5484 1 149 267 1 345 2681 8520 5212 3308 6767 4018 6789 10797 11 957 1 948 1 298 5431 1 314 294 1 490 2757 8651 5212 3438 7141 4074 6,842 10754 12391 2034 1 256 5496 1 234 339 1 376 2908 8864 5358 3506 7417 4254 7020 11 031 12769 2075 1 317 5631 689 65 122 1 054 1 938 1 232 705 1 058 571 1 248 2139 1 775 360 212 1 104 943 79 156 673 1 719 790 929 1 183 671 1 176 2464 1 917 353 202 1 195 997 152 142 601 2421 1 336 1*085 1 317 791 1 455 2309 l'976 344 224 1 170 1 043 153 167 595 2740 1 648 1 092 1 373 794 1 543 2351 2036 381 218 1 193 1 272 152 187 650 3000 1 863 1 137 1 425 856 1 691 2472 2101 383 219 1 215 1 379 184 224 760 2899 1 771 1 128 1 459 881 1 716 2495 2190 396 203 1 308 1 229 204 201 775 3029 1 857 1 172 1 557 935 1762 2545 2272 421 193 1373 Utah 11 308 12094 11 764 11 483 12155 11 970 12573 18197 21 492 24915 25994 26491 27549 28599 452 40 637 965 1070 684 386 1274 510 1 074 1,954 1 619 446 196 1 071 740 43 784 776 808 398 410 1,326 617 1 064 2,502 1 673 433 158 1,170 654 91 759 431 1062 653 409 1,600 647 1097 1,939 1 730 499 160 1 094 381 78 886 429 979 584 395 1,644 629 1 169 1,929 1 712 403 168 1 077 729 76 867 457 1 049 653 396 1,666 665 1 226 1,988 1 748 467 184 1034 668 82 921 454 951 575 376 1714 659 1 195 1,941 1 736 415 185 1 047 818 98 977 491 948 557 391 1,783 691 1 255 1,965 1 798 488 187 1 076 195 30 701 1 506 2452 1 686 766 1,934 887 1 766 2,986 2599 1,163 216 1,762 248 41 749 1 127 3129 2139 990 2557 1 255 1 942 3,659 3282 1,161 255 2,086 316 66 1 049 1 072 3'636 2508 1 128 2777 1 545 2332 3936 4225 1 253 290 2418 367 67 1 260 948 3949 2713 1 236 2957 1 588 2506 3,988 4328 1,252 297 2,487 325 52 1 176 1 005 4087 2844 1 243 3067 1 705 2604 3,953 4523 1,299 299 2397 375 58 1 382 1 035 4223 3004 1219 3130 1 683 2659 4,117 4718 1,296 304 2,569 374 69 1 433 1 151 4504 3160 1 344 3165 1 815 2725 4,212 4916 1,296 310 2,629 Far West 9,739 12,184 10,983 11,660 11,123 11,552 11,828 548,430 625,703 183 22 2795 944 453 133 320 1 037 255 698 1 358 918 215 125 737 201 26 3,014 1,000 319 124 196 1 545 508 940 2198 1,037 211 123 1,063 231 49 3,276 415 384 130 254 1,874 354 791 1 380 850 222 144 1,013 253 44 3776 373 464 167 297 2018 335 810 1383 859 235 143 967 220 43 3,326 378 453 139 315 2,025 341 816 1 321 879 233 139 951 284 48 3538 385 436 146 291 2144 317 825 1360 892 241 134 948 367 56 3702 412 448 153 295 2145 328 859 1298 890 235 136 950 8167 2,837 6963 34,913 86266 56,703 29,563 43070 26,143 53,752 105095 98,582 16,024 13,364 53,254 9,569 3,821 9,572 28,954 99134 64,038 35,096 50,704 33,949 60,374 122694 119,824 16,092 13,590 57,427 794,038 831,816 865,470 892,174 883,061 13260 6,587 12407 38,715 126640 83902 42,738 63688 50,230 79,626 153311 153,821 17,575 14,448 63,729 13,052 6,816 14,877 40,156 133882 90,343 43,539 66,212 52,026 85,480 161,143 160,530 18,220 14,426 64,995 12,162 6,806 13,567 43,084 137515 93,390 44,125 70,817 55,230 89,852 166,032 170,092 18,467 14,380 67,465 13,021 7,671 15819 43,884 138966 94,467 44,500 73,700 55,995 90,941 172,256 176,550 18,891 14,325 70,156 12,252 8,421 15,863 39,774 134420 91,114 43,306 72,593 56,751 89,696 172,115 176,210 18,597 14,388 71,981 California Alaska Farms Agricultural services forestry and fisheries Mining Construction . . Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services .... . . . , Federal civilian government Federal military State and local government 1990 44,054 \A/yoming Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government Federal military State and local government 1989 Idaho Montana Farms Agricultural services forestry and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Federal civilian government Federal military State and local government 1988 13,765 21,143 21,123 22,055 22,254 23,802 23,412 403,235 457,949 598,992 626,011 649,552 665,21 1 651,786 8 135 1 421 2729 553 158 396 1 229 313 887 1 863 1,759 724 783 1 362 9 105 4430 1 825 682 199 484 3903 404 1,021 3801 1764 646 707 1 845 20 317 6956 833 795 255 540 3160 427 1,021 2879 1,582 632 755 1,746 19 582 7981 708 878 312 566 2795 402 1,059 2988 1,563 661 781 1,637 16 498 7139 765 907 324 583 3430 418 1,168 2958 1,756 670 795 1,734 15 493 8392 821 919 317 602 3,174 425 1,196 3,321 1,816 697 800 1,733 16 561 8353 777 890 262 629 3146 441 1,200 2957 1,818 704 813 1,735 6,039 1,986 5153 22,639 64,197 41,478 22719 30,376 19,460 40,027 81,607 73,543 10,483 8,656 39,069 6,940 2,892 4608 19827 77,521 49,777 27744 34,371 25,379 45,067 90,780 90,620 10,494 8955 40,495 9,758 4,344 4498 30103 98,334 65,111 33224 44,982 38,556 60,613 120676 119,465 11,514 9539 46,610 9,581 4,263 5269 31 178 104,322 70,508 33814 46738 40,029 64,672 126 605 124,325 11,894 9462 47,671 8,784 4,402 4389 32743 106,446 72,253 34193 50,243 42,380 67,472 130,457 131,156 12,124 9,432 49,525 9,479 4,990 4881 32614 106,943 72,250 34692 52,351 42,669 67,920 134,521 135,520 12,210 9363 51,751 8,686 5,385 4660 28,427 103,431 69,305 34126 50,334 42,817 66,257 134,514 133,286 12,089 9337 52564 SURVEY OF CURRENT BUSINESS August 1994 • 97 Table 2.—Gross State Product for States and Regions, by Industry for Selected Years In 1977-91—Continued [Millions of 1987 dollars] 1977 1982 1987 1988 1989 1990 1991 || 1.977 1982 1987 Hawaii Total gross state product Farms Agricultural services, forestry, and fisheries Mining Construction Manufacturing Durable goods .... Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Federal civilian government Federal military State and local government Total cross state oroduct 1990 1991 16,413 17,894 21,354 23,034 24,392 25,663 26,130 13,785 17,313 22,054 24,640 26,746 28,556 29,352 229 42 0 1,162 851 235 616 1,568 547 1 625 2,641 281 53 3 917 859 133 726 1,640 634 1 872 3,518 359 100 12 1,157 926 182 744 2,137 916 306 113 10 1,468 1,050 229 821 2,481 1,021 328 133 12 1,654 987 239 748 303 170 25 1,742 980 247 733 144 99 1,683 1,729 1,018 641 378 148 114 2,134 1,779 1,066 676 390 145 125 2,398 2,839 106 42 345 1,011 709 413 296 1,522 548 1 714 2,810 134 68 1,308 1,401 976 588 388 2,656 77 28 190 1,147 583 368 216 1,239 352 1271 2,110 122 63 679 1,245 948 568 380 2,265 2,480 2,629 977 2189 3,580 5,020 6,299 3,555 7,676 1,019 2419 3,981 3,223 2744 3,962 4,427 1,102 1,862 1,563 1,174 1,726 1,639 1,177 1,821 1,617 356 101 10 1,234 971 215 756 2,362 1,029 3234 4,276 4,738 1,193 1,807 1,722 337 321 1,111 344 358 1,506 407 328 1,599 3438 4,513 5,131 1,197 1,785 1,878 1,068 1,107 3535 4,935 5,392 3465 4,838 1,169 1,793 5,616 1,102 1,849 2,002 2,093 1605 1,082 1,172 8,430 2646 4,288 8,872 2729 4,445 9,557 427 311 1,686 457 354 1,744 482 325 1,862 1,050 684 366 2,691 1,216 2778 4,529 9,974 497 337 2,008 2,744 Washingto i 38727 38245 45097 47105 48445 49843 50618 62506 73158 85418 88971 94081 99099 101 763 709 190 112 870 250 59 1 217 1335 1 227 1282 1286 1 106 1 363 554 61 533 59 478 64 583 77 602 86 458 86 480 128 1 784 1,209 1 626 1269 1 685 1,217 1 768 1 358 1 818 1 579 201 251 282 323 2428 8436 1318 3958 16658 4912 2,127 4056 12323 8604 15719 6331 2,105 1530 9918 7211 3846 7039 10575 11 372 3906 3700 2404 3500 5,144 7041 6148 5,286 7486 6230 8832 14550 13476 9471 2778 4446 17855 12390 5,466 7672 6705 10267 15743 15260 2745 1,892 8112 1,842 1867 18166 13406 4,760 8543 7,357 10923 16771 17332 2876 1,881 8360 8482 9107 2011 3594 6712 5660 996 157 3817 7710 6041 1013 2,707 4102 3206 4226 7689 7196 1 174 1,675 1,933 2151 2153 4808 10077 7347 2,729 10238 7553 2,685 4362 3,623 9902 11 646 8133 3,513 5072 8505 10162 8185 1 328 9377 2384 11 521 1,584 1692 7751 4625 8064 4861 8072 9853 7209 2,643 4668 3670 4923 8590 7461 1 268 7917 1273 8167 1 377 4351 3,317 7211 2,692 5040 3813 152 177 174 172 176 171 4190 4046 4165 4224 4326 4475 NOTE.—The GSP estimates are consistent with the estimates of gross product by industry for the Nation that were published in the November 1993 SURVEY OF CURRENT BUSINESS. 1989 Nevada Oregon Farms Agricultural services forestry and fisheries Mining Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale trade Retail trade Finance insurance and real estate Services Federal civilian government Federal military State and local government 1988 4753 3460 6348 6332 3,719 5568 4579 7200 14074 2422 2671 1827 8113 15229 14011 4864 19199 13775 5424 8106 6993 10638 16444 16099 2957 340 5071 98 SURVEY OF CURRENT BUSINESS August Foreign Direct Investment in the United States: Detail for Historical-Cost Position and Related Capital and Income Flows, 1993 THE FOLLOWING SET of tables presents detailed estimates of the foreign direct investment position in the United States on a historical-cost, or book-value, basis and of the related capital and income flows. These tables supplement an article in the June 1994 SURVEY OF CURRENT BUSINESS that summarized developments in 1993 in the U.S. direct investment positions at historical cost.1 Tables 16 and 17 show estimates of the position, capital flows, and income at the most detailed levels possible— that is, for every country from which there was investment and for every industry in which investment was made. Estimates for 1993 are preliminary; those for 1991-92 are revised. The estimates in tables 3-18 differ in two respects from those for comparable items included in the international investment position of the United States and in the U.S. international transactions accounts.2 First, the estimates in tables 3-18 are on a historical-cost basis, which is the only basis on which detailed estimates by country and industry are available; in contrast, the direct investment position estimates in the international investment position of the United States are presented on both 1. See "Direct Investment Positions on a Historical-Cost Basis, 1993: Country and Industry Detail," SURVEY OF CURRENT BUSINESS 74 (June 1994): 72-78. 2. See "The International Investment Position of the United States in 1993," and "U.S. International Transactions, First Quarter 1994," SURVEY 74 (June 1994): 63-71 and 86-127. a current-cost and a market-value basis, and direct investment income and capital flow estimates in the U.S. international transactions accounts are presented on a current-cost basis. Second, the estimates of direct investment current-account items (income and services) in tables 3-18, unlike those in the U.S. international transactions accounts, are net (after deduction) of U.S. and foreign withholding taxes; estimates gross of withholding taxes are not available by country or by industry. Table i shows the total foreign direct investment position in the United States and a comparable rate of return on all three valuation bases (historical cost, current cost, and market value); table 2 reconciles the estimates presented in tables 3-18 with those included in the U.S. international transactions accounts. Tables i through 18 follow. HI The survey from which the estimates were derived was conducted by Gregory G. Fouch under the supervision of James L. Bomkamp. Peter J. Fox, Nancy F. Halvorson, Tracy K. Leigh, Beverly E. Palmer, and Linden L. Webber assisted with the processing of the survey and with the preparation of the estimates. D. Richard Mauery programmed the tables. SURVEY OF CURRENT BUSINESS August 1994 • 99 Table 1.—Alternative Position and Rate-of-Return Estimates for Foreign Direct Investment in the United States, 1991-93 Millions of dollars Changes in 1993 (decrease (-)) Changes in 1992 (decrease (-)) Valuation method Position at yearend 1991 Total 418,780 491,877 674,218 Historical cost.., Current cost Market value .... Position at yearend 1992 Attributable to: Capital inflows Valuation adjustments ^,596 -4,706 12,740 11,452 9,888 9,888 5,182 22,628 Attributable to: Total 425,636 497,059 696,846 19,632 19,665 48,790 -2,998 -1,701 27,424 22,630 21,366 21,366 Direct investment income 1992 1991 l -2,084 -3,244 -2,942 Historical cost Current cost23 ., Market value , Direct investment position at yearend 1993 1990 6,374 5,110 4,067 3,740 2,176 -871 394,911 468,145 539,601 445,268 516,724 745,636 Percent Millions of dollars Valuation method Position at yearend 1993 Valuation adjustments Capital inflows Rate of return 1992 1991 418,780 491,877 674,218 1991 1993 445,268 516,724 745,636 425,636 497,059 1992 1993 0.9 .4 -.1 -0.5 -.7 -.5 1.5 1.0 .6 1. On a historical-cost basis, direct investment income excludes capital gains and losses and is computed without a current-cost adjustment to earnings; it equals the sum of lines 9 and 14 of table 2. The rate of return based on historical cost equals this measure of income divided by the average of the beginning- and end-of-year historicalcost direct investment positions. In accordance with international guidelines, this measure of income, like the other measures shown in this table, is recorded gross (before deduction) of U.S. and foreign withholding taxes on distributed earnings and interest. However, it differs from the measure disaggregated by country and industry, in subsequent tables, which is recorded net (after deduction) of withholding taxes, because withholding tax data are not available by country or industry. 2. On a current-cost basis, direct investment income excludes capital gains and losses and includes a currentcost adjustment to earnings; the latter revalues depreciation, depletion, and expensed exploration and development costs to reflect current-period prices, as required for the national and international economic accounts. Income on a currenteost basis equals line 1 of table 2. The rate of return based on current cost equals this measure of income divided by the average of the beginning- and end-of-year current-cost direct investment positions. 3. On a market-value basis, direct investment income measures financial return to investors; thus, it includes capital gains and losses but excludes the current-cost adjustment, which is an economic accounting adjustment, and currency translation adjustments, which in company financial statements are taken directly to an equity account, without passing through the income statement. It is derived as line 1 minus line 8 of table 2, plus the part of the total in column 11 of table 5 that represents capital gains and losses other than currency translation adjustments. The rate of return based on market value equals this measure of income divided by the average of the beginningand end-of-year direct investment positions at market value. Table 2.—Foreign Direct investment in the United States: Reconciliation With International Transactions Accounts Table 3.—Foreign Direct Investment Position in the United States on a Historical-Cost Basis [Millions of dollars] Line 1 Income with current-cost adjustment, before deduction of withholding taxes (IT table 1, line 26, with sign reversed) 2 Earnings 3 Distributed earnings 4 Reinvested earnings $ Interest, net 6 U.S. affiliates' payments 7 U S affiliates' receipts R Less: Current-cost adjustment to earnings 9 Less: Withholding taxes, net m On distributed earnings 11 On interest net 12 On U.S. affiliates' payments r? On U.S. affiliates' receipts 14 Equals: Income without current-cost adjustment, after deduction of withholding taxes (shown in the accompanying tables) 15 Capital inflows with current-cost adjustment (IT table 1, line 57) 16 Equity capital 17 Increases in equity capital 18 Decreases in equity capital 19 Reinvested earnings (line 4) ?n Intercompany debt ?1 U.S. affiliates' payables ?? U.S. affiliates' receivables ?3 Less: Current-cost adjustment (line 8) 24 Equals: Capital Inflows without current-cost adjustment (shown in the accompanying tables Equity capital (line 16) ?*> 26 Reinvested earnings without current-cost adjustment (line 19 less line 23) 27 Intercompany debt (line 20) 28 Royalties and license fees, before deduction of withholding taxes, net 29 U.S. affiliates' payments (IT table 1, part of line 22, with sign reversed) 30 U S affiliates' receipts (IT table 1 part of line 8) 3-t Less: Withholding taxes, met fl? On U.S. affiliates' payments On U S. affiliates' receipts . . . ^ 34 Equals: Royalties and license fees, after deduction of withholding taxes, net (shown in the accompanying tables) 3S U.S. affiliates' payments 36 U.S. affiliates' receipts 1 17 Charges for other services, net U.S. affiliates' payments (IT table 1, part of line 23, with sign 38 reversed' also shown in the accompanying tables) U.S. affiliates' receipts (IT table 1, part of line 9, also shown in the 39 accompanying tables) Direct investment position 1991 1992 1993 Millions of dollars 1991 -3,244 -11,978 8307 -20 285 8734 11 260 2525 2,176 -4,785 6865 -11 650 5,110 -1040 8355 -9396 6961 6150 9600 2639 12093 5943 -1,160 -1,564 -1,264 263 300 -37 89 126 174 230 -56 76 132 76 277 -2,347 3,566 -201 96 297 6,298 21,366 21,696 26845 -3,688 9,888 25,466 30991 5526 -1 1 650 -3929 3045 -6,973 -9396 9065 15271 -6,206 -1,160 -1,564 -1,264 27246 44043 11 452 25466 22630 21 696 -19125 2328 -10086 -3929 -8,132 9065 26,086 44,043 51 828 7786 -20 285 2328 6017 2,254 2,368 5149 2,432 2830 3069 3247 576 110 139 29 701 116 151 35 816 119 160 41 2,143 2,253 2691 2918 2,313 3088 548 -306 666 -1,264 775 -480 4342 4628 5005 4,649 5,893 5,484 1. Withholding taxes on "other" services transactions between U.S. affiliates and their foreign parent groups are assumed to be negligible, and no estimates of them are made. Therefore, there is no difference between the "before-tax" estimates shown in the international transactions accounts and the "after-tax" estimates shown in the accompanying tables. NOTE.—This table reconciles the estimates for which country and industry detail are presented in this report with the aggregate estimates presented in the U.S. international transactions accounts in the June 1994 SURVEY OF CURRENT BUSINESS (see U.S. International Transactions, First Quarter, 1994," SURVEY 74 (June 1994): 86-127). In the international transactions accounts, the earnings component of direct investment income and the reinvested earnings component of capital inflows are adjusted to a current-cost basis, and direct investment current-account items are adjusted to be gross (before deduction) of U.S. and foreign withholding taxes. These adjustments are not made to the estimates in tables 3-18 in this report, because the source data needed to make the adjustments by country and industry are not available. IT International transactions All areas Petroleum Manufacturing Wholesale trade . Other 1992 Change Percent Millions of dollars 1993 1992 1993 418,780 37,222 158,559 58,171 164,828 425,636 34,347 163,354 59,024. 168,911 445,268 32,647 166,698 59,290 186,633 6,856 -2,875 4,795 853 4,083 19,632 -1,700 3,343 267 17,722 Canada Petroleum Manufacturing Wholesale trade Other 36,341 1,511 15,440 1,690 17,700 37,845 1,649 17,005 1,506 17,686 39,408 1,991 16,600 1,101 19,716 1,504 138 1,564 1,563 343 -15 2,031 Europe Petroleum Manufacturing Wholesale trade Other 252,692 28,790 116,039 23,444 84,419 251,206 26,006 117,617 21,811 85,772 270,767 24,979 122,590 21,776 101,422 -1,486 -2,784 1,579 -1,633 1,353 19,561 -1,027 4,973 -35 15,650 Of which: Netherlands Petroleum Manufacturing Wholesale trade . Other 59,776 12,422 18,889 6,251 22,215 65,323 11,783 22,994 5,724 24,822 68,477 12,424 22,856 6,253 26,944 5,547 United Kingdom Petroleum Manufacturing Wholesale trade . Other 98,236 13,980 40,838 5,686 37,732 89,073 10,901 40,777 5,096 32,299 japan Petroleum Manufacturing Wholesale trade Other 93,787 150 18,258 30,681 44,698 Other Petroleum Manufacturing Wholesale trade Other 35,960 6,771 8,822 2,356 18,011 -183 -405 -405 -639 3,154 641 4,105 -138 -527 2,608 529 2,122 95,415 9,367 42,543 4,908 38,598 -9,162 -3,079 -61 6,342 -1,534 1,766 -590 -189 -5,433 6,299 97,537 140 18,321 32,841 46,235 96,213 254 17,746 33,910 44,303 3,750 -10 63 2,160 1,538 -1,324 114 39,047 6,552 10,411 2,866 19,218 38,879 5,423 9,762 2,504 21,190 3,087 -168 -219 -1,129 1,590 510 1,207 -650 -362 -575 1,069 -1,932 1,973 1992 1993 1.6 -7.7 3.0 1.5 2.5 4.1 9.1 10.1 -10.9 -.1 -.6 -9.7 1.4 -7.0 1.6 9.3 -5.1 21.7 -8.4 11.7 -9.3 -22.0 -.1 -10.4 -14.4 4.0 -6.6 .3 7.0 3.4 8.6 -3.2 18.0 21.6 6.7 4.6 -4.9 2.0 .5 10.5 4.1 20.8 -2.4 -26.9 11.5 7.8 -3.9 4.2 -.2 18.2 4.8 5.4 -.6 9.2 8.5 7.1 --14.1 4.3 -3.7 19.5 -1.4 81.2 -3.1 3.3 -4.2 -.4 -17.2 -6.2 -12.6 10.3 SURVEY OF CURRENT BUSINESS 1OO • August 1994 Table 4.—Foreign Direct Investment Position in the United States on a Historical-Cost Basis by Account [Millions of dollars] 1992 1993 Intercompany debt Total Ail areas Petroleum Manufacturing Wholesale trade Other Equity1 Net U.S. affiliates' payables Intercompany debt US. affiliatesreceivables Total Equity1 Net U.S. U.S. affiliates' payables affiliates' receivables 425,636 34,347 163,354 59,024 168,911 309,031 28,817 110,365 39,605 130,243 116,605 5,529 52,990 19,418 38,668 175,006 9,239 64,722 26,927 74,119 58,401 3,709 11,733 7,508 35,451 445,268 32,647 166,698 59,290 186,633 319,598 29,346 110,966 40,107 139,180 125,670 3,302 55,732 19,184 47,453 190,277 7,461 66,071 26,644 90,102 64,607 4,159 10,338 7,461 42,649 Canada Petroleum Manufacturing Wholesale trade Other .... 37,845 1,649 17,005 1,506 17,686 31,904 (D) 15,262 1,075 (D) 5,941 (D) 1,742 432 (D) 9,830 754 3,635 828 4,613 3,889 (D) 1,893 396 (D) 39,408 1,991 16,600 1,101 19,716 33,257 1,504 14,705 790 16,258 6,151 487 1,895 311 3,458 10,229 623 3,049 726 5,831 4,078 135 1,154 415 2,373 Europe Petroleum Manufacturing Wholesale trade Other .... 251,206 26,006 117,617 21,811 85,772 175,790 23,037 74,683 12,424 65,646 75,416 2,969 42,934 9,387 20,126 111,660 5,901 51,053 11,961 42,745 36,244 2,932 8,119 2,574 22,620 270,767 24,979 122,590 21,776 101,422 184,236 22,717 77,050 12,600 71,869 86,531 2,262 45,540 9,176 29,553 123,744 4,701 53,368 11,663 54,012 37,213 2,439 7,828 2,487 24,459 65,323 11,783 22,994 5,724 24,822 37,051 11,641 11,219 2,645 11,546 28,272 142 11,775 3,078 13,277 32,075 (D) 13,990 3,554 (°) 3,803 (D) 2,214 475 (D) 68,477 12,424 22,856 6,253 26,944 39,037 (D) 10,464 3,107 (D) 29,439 (D) 12,392 3,146 (D) 33,333 (D) 14,345 3,421 (D) 3,893 112 1,952 275 1,554 89,073 10,901 40,777 5,096 32,299 59,567 8,449 23,736 2,424 24,958 29,506 2,453 17,040 2,673 7,341 46,174 (D) 19,658 3,825 (D) 16,667 (D) 2,618 1,153 (D) 95,415 9,367 42,543 4,908 38,598 63,163 32,252 (D) 52,606 (D) 20,386 3,497 (D) 20,354 2,092 2,518 1,195 14,549 Japan Petroleum Manufacturing Wholesale trade Other 97,537 140 18,321 32,841 46,235 72,391 (D) 14,277 23,671 (D) 25,146 (D) 4,044 9,170 (D) 31,279 108 4,763 12,319 14,090 6,133 (D) 719 3,149 (D) 96,213 254 17,746 33,910 44,303 72,089 (D) 12,961 24,591 (D) 24,124 P) 4,785 9,319 (D) 32,093 (D) 5,242 12,137 (D) 7,968 151 457 2,818 4,543 Other Petroleum Manufacturing Wholesale trade Other 39,047 6,552 10,411 2,866 19,218 28,946 4,378 6,142 2,436 15,989 10,102 2,174 4,269 430 3,229 22,237 2,476 5,271 1,819 12,671 12,135 302 1,002 1,389 9,442 38,879 5,423 9,762 2,504 21,190 30,016 P) 6,250 2,125 (D) A 8863 24,211 (D) 4,411 2,119 (D) 15,348 1,434 900 1,740 11,274 Of which: Netherlands Petroleum Manufacturing Wholesale trade Other United Kingdom Petroleum Manufacturing Wholesale trade Other . D . . . Suppressed to avoid disclosure of data of individual companies. 1. Includes capital stock, additional paid-in capital, retained earnings, and cumulative translation adjustments. 24,675 2,606 (D) *£ 2,302 379 (D) SURVEY OF CURRENT BUSINESS August 1994 • 1O1 Table 5.—Change in the Historical-Cost Foreign Direct Investment Position in the United States by Account [Millions of dollars] Valuation adjustments Capital inflows Intercompany debt Total (2) (D Total Capital gains and losses, including translation adjustments Other (10) (11) (12) 6,973 1,093 2,284 292 3,304 -4,596 -1,678 -1,664 -1,094 -5,171 -1,565 -1,653 -270 -824 -159 -1,684 1,525 1,194 P) 634 16 P) 2,227 -1,004 3,232 5,033 1,095 888 530 2,521 -7,508 -2,002 -3,676 -1,562 -936 -919 -119 1533 -1,076 -1,842 Equity capital Total Net Increases Decreases (3) (4) (5) Reinvested earnings Net Increases in U.S. affiliates' payables Increases in U.S. affiliates' receivables1 (6) (7) (8) (9) 1992 AH areas Petroleum Manufacturing Wholesale trade Other Canada Petroleum Manufacturing Wholesale trade Other . Of which: Netherlands Petroleum Manufacturing Wholesale trade Other 1,947 1,995 4,242 15,059 1,359 -1 -1,822 1,518 (D) 1,053 43 P) 2,100 P) 1,072 43 P) -1,486 -2,784 6,023 13,745 1,579 4,743 1,353 2,514 19 4,272 796 8,189 17,000 264 5,868 953 9,915 5,547 3,621 1,504 138 1,564 -183 -15 Europe Petroleum Manufacturing Wholesale trade Other -1,633 . . . .. . .. . United Kingdom Petroleum Manufacturing Wholesale trade Other Japan Petroleum Manufacturing Wholesale trade Other . . 18 2,906 2,669 -253 1,660 40 133 215 2,281 242 P) 2,767 3,384 iJQ71 -527 -609 2,608 2,108 -9,162 -3,079 -3,462 -1,913 % 5,526 305 1,444 399 3,377 -3,704 246 1,125 157 1,726 -737 -593 952 aS 27 P) 617 P) 159 4,186 7,625 8,620 -10 63 2,160 1,538 -111 i£ 906 P) 1,795 950 P) 995 0 222 44 729 3,271 65 934 448 1,823 694 15 78 198 403 -219 2,577 51 856 250 1,420 912 -960 3,255 3,750 1,967 -44 1,638 290 84 1,637 1,204 1,162 -1,798 -1,989 (D) 3,045 -647 -443 -5,433 949 1,639 1,709 -3,929 -2,052 582 44 19 0 519 (D) 1,637 71 (D) P) 669 -1,119 -2,142 -228 669 -10,086 -8,675 -590 1,590 510 1,207 . . -782 186 8,225 -639 3,087 Other Petroleum Manufacturing Wholesale trade Other -724 -259 25,466 4,105 -61 . 11,452 -1,197 6,459 30,991 491 9,669 2,394 18,437 -2,875 4,795 853 4,083 fl 153 385 -144 -531 945 -3,319 -153 P) -79 100 P) -959 -604 -124 554 116 -1,151 -4,018 -1,745 -1,491 1,014 -184 -599 346 1,922 390 -650 -603 619 P) 1,191 377 571 -5 -1,097 -671 923 P) -270 -5,960 -1,000 P) -1 492 -1,033 186 524 196 957 -820 -103 -784 P) -3,954 514 P) -85 859 P) -71 -540 -126 -3,218 -514 -937 278 691 770 -85 323 673 -140 1,374 -43 1,009 137 271 1,865 204 -1,905 9,065 -2,228 2,743 15,271 -1,778 -346 -235 -282 15,983 -1,984 -52 -227 -97 -1,608 -101 1,364 70 531 397 205 -3 -149 23 -182 1,808 -1,652 -2,919 -875 226 P) 234 306 P) 2,641 4,960 P) 459 381 P) -5,700 -1,165 -3,444 -1,281 256 P) 408 -187 P) -435 -673 490 -58 355 -67 260 1,120 6,206 450 -1,395 -48 7,198 -2,998 -1,057 -3,994 188 -1,220 -385 2,445 82 500 -383 -<3 & -2,484 -?3 -730 -361 P) 101 -4 -419 -886 521 -172 -175 -48 220 1,124 -78 -172 182 5 -165 -96 438 576 -114 12 400 355 -205 2,682 -3,832 -440 -17 3,024 ja 3 -3,216 -JS P) -2,162 238 106 -467 599 n 938 -179 117 315 686 1993 All areas Petroleum Manufacturing Wholesale trade Other Canada Petroleum Manufacturing Wholesale trade Other . . . . Europe Petroleum Manufacturing Wholesale trade Other . . ... 19,632 -1,700 3,343 22,630 21,696 26,845 267 17,722 1,083 14,852 1,381 6,500 1,664 12,152 1,442 7,217 1,856 16,330 5,149 61 717 192 4,178 -8,131 -643 -6,085 8,785 1,563 343 2,783 3,599 211 >) 989 41 P) 210 0 59 7 144 -1,026 209 414 12,648 7,338 -405 -405 -215 2,031 2,375 (D) 931 34 (D) 19,561 -1,027 4,973 19,590 9,407 172 791 847 7,353 3,674 4,264 -35 -4 509 589 15,650 12,069 4,433 6,949 Of which: Netherlands Petroleum Manufacturing Wholesale trade Other 3,154 641 138 529 2,122 2,519 897 378 304 941 2,099 2,286 P) 387 74 P) P) 449 76 P) United Kingdom Petroleum 6,342 -1,534 6,504 -1,414 2,883 2,377 (D) 811 163 (D) -446 107 123 1,079 -1,754 702 -1,130 1,766 Wholesale trade Other japan -189 -107 6,299 5,141 -1,324 114 Manufacturing Wholesale trade Other Other Petroleum Manufacturing Wholesale trade Other -575 1,069 -1,932 -168 -1,129 -650 -362 1,973 -552 222 2,162 399 a -131 -586 -102 P) 1,218 -932 11,115 87 1,073 12,084 -1,200 2,606 -26 -670 -128 -203 -121 -707 2,315 £19 P) 969 -493 -291 -87 1,840 -301 -211 -298 -1,791 9,427 11,267 187 26 61 3 97 -747 1,167 P) 617 67 P) 1,258 1,495 P) 3,319 P) 910 163 P) 942 1,381 435 1,244 101 2,746 6,433 -1,485 3,687 4,995 6,020 4 813 777 3,402 4 841 814 4,361 1,024 0 28 37 959 3,694 4,368 (D) 1,082 343 P) J3 412 674 6 41 68 558 * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. 1. An increase in U.S. affiliates' receivables is a decrease in intercompany debt and, thus, a capital outflow. 3,241 55 590 80 2,517 1,348 P) Q fl 182 -626 162 -466 P) 828 -371 -460 355 -133 727 -328 P) 7,518 -4,419 -1,022 813 -5 153 -3,136 108 741 149 -2,020 A -1,754 -1,238 -399 -1,431 148 -877 -70 -955 P) -757 -51 P) -182 90 P) -262 -200 P) -100 -816 2,869 134 -819 -191 -345 -2,687 P) -1,037 P) 1,716 P) 1,153 -780 P) -488 P) 996 P) -68 P) 1,411 -2,313 -31 3,581 2,170 -92 13 -538 -2 435 199 -3 -162 -120 -1,117 -864 -82 1,157 -18 1,085 1,836 P) -878 -456 -262 -330 -698 43 P) 7 -10 -8 P) P) -178 -372 1,975 P) 3,213 1,132 -870 -425 -859 300 P) -102 351 1,832 0 -97 -584 -189 P) -234 -1,026 225 1,181 -440 -fl -111 -29 634 P) -2,958 -1,198 -2,381 -255 -517 -311 n -75 -381 30 726 -268 21 227 746 -361 -117 -253 -64 72 -423 7 -615 -9 194 -445 0 -23 -203 -219 NOTE.—In this table, unlike in the international transactions accounts, reinvested earnings are shown without a current-cost adjustment. 1O2 « August 1994 SURVEY OF CURRENT BUSINESS Table 6.—Foreign Direct Investment in the United States: Earnings and Reinvestment Ratios [Millions of dollars or ratio] 1992 AH areas Petroleum Manufacturing Wholesale trade Other . Canada Petroleum Manufacturing Wholesale trade Other Reinvested -3,221 938 1,181 -445 -4,895 6,865 269 2,300 516 3,780 -10,086 669 -1,119 328 (D) 431 P) 67 772 621 1,090. 1,370 -226 -1,613 Europe Petroleum Manufacturing Wholesale trade Other Reinvestment ratio1 Distributed Total -8,675 385 D 597 4,325 144 2,108 367 1,706 -144 -531 (22) () -3,704 945 (2) 2,032 (D) 1,750 P) 98 2,302 (D) 1,226 (D) 882 -270 -196 -784 -2,656 -70 -486 -18 -2,082 1,298 1 53 107 1,137 -3,954 -71 -1,513 (D) -134 P) -1,268 .99 .87 (22) () -540 -126 -3,218 -1,984 -52 -97 -1,608 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. Reinvested earnings divided by earnings. 8 8,355 1,123 2,473 653 4,106 -8,131 204 -1,905 920 -1,026 -26 $15 258 461 4,515 (D) 2,912 (D) 321 5,447 (D) 1,838 (D) 2,112 -187 (D) -531 217 (D) 560 (D) 95 55 (D) Reinvestment ratio1 -346 -6,085 -670 -128 -203 -932 87 1,073 -301 -1,791 -747 (2) (22) (2) () (2) -434 0 P) .36 (22) () 3,894 P) 1,541 P) 1,934 752 2,916 P) P) P) 191 -466 (2) P) (2) (2) (2) (2) (2) (2) (2) -2,994 -5 -1,347 355 -1,998 1,425 1 84 202 1,138 -4,419 -5 -1,431 153 -3,136 (2) (2) (2) 2 -1,191 163 (D) P) 564 15 (D) (D) 395 -1,754 148 (2) -877 (2) (2) (2) .42 .59 P) (2) -399 1,250 230 336 255 430 -70 -465 -786 614 2,591 -583 128 -1,055 16 328 1,122 P) 2,772 -136 -858 P) 406 1,811 292 1,528 207 P) 11 7 P) -1,197 167 631 -269 -594 -195 -42 46 1,651 248 721 297 384 127 -465 -892 374 84 31 94 2 323 P) P) P) 707 93 P) P) P) 54 -400 -19 -385 n 65 -861 .91 1,954 8P) -338 .43 Reinvested 149 P) -1,186 174 P) (2) -955 1,490 854 173 137 326 -387 1,381 435 1,244 101 -560 -612 .74 162 Distributed 3,444 389 $ P) (2) 182 -626 Total (2) .15 (22) (2) () 1,902 (D) 841 (D) 928 () (2) (2) (2) (2) -227 224 1,327 569 307 -1,979 Reinvested 3,283 (D) 2,085 (D) 528 fl .29 186 524 471 (D) 93 (D) 340 .86 (2) United Kingdom Petroleum Manufacturing Wholesale trade Other Distributed -113 -153 377 571 -5 -1,097 Total .89 -3,319 353 1 84 48 220 Earnings -106 (22) (2) () -737 -593 200 378 655 43 -876 Other Petroleum Manufacturing Wholesale trade Other (22) () -443 -153 Of which: Netherlands Petroleum Manufacturing Wholesale trade Other . japan Petroleum Manufacturing Wholesale trade Other ..... (2) .71 (22) (2) () -960 3 () 1992-93 change in earnings 1993 Earnings 65 279 82 230 200 -650 27 653 2. Reinvestment ratio is not defined because reinvested earnings are negative. NOTE.—In this table, distributed earnings are shown before deduction of withholding taxes. Unlike in the international transactions accounts, earnings and reinvested earnings are shown here without a current-cost adjustment. D Table 7.—Foreign Direct Investment in the United States: Income and its Components [Millions of dollars] 1992 Ail areas Petroleum Manufacturing Wholesale trade Other Canada Petroleum Manufacturing ... Wholesale trade Other Europe Petroleum Manufacturing ... Wholesale trade Other Of which: Netherlands Petroleum Manufacturing Wholesale trade Other United Kingdom Petroleum Manufacturing Wholesale trade Other japan Petroleum Manufacturing ... Wholesale trade Other Other Petroleum Manufacturing ... Wholesale trade Other * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. D Total (-col. 2 less col. 3 plus col. 4) Earnings (D (2) 3,566 1,370 4,398 141 -2,343 659 -49 525 -3,221 938 1,181 -109 292 5,389 1,314 4,044 284 -252 Withholding taxes on distributed earnings (3) -445 -4,895 328 P) 431 P) 67 621 1,090 1,370 -226 -1,613 2,149 448 1,370 280 51 -876 4,079 469 3,075 58 477 -1,724 -62 2,032 P) 1,750 P) 98 -2,656 -70 -357 -486 29 -1,334 -758 -18 -2,082 -1,513 168 186 -63 -1,049 -fl -J3 200 378 655 43 1993 Interest (net of withholding taxes) U.S. U.S. Net affiliatespayments affiliates' receipts Total (-col. 8 less col. 9 plus col. 10) (4) (5) (6) (7) 7,017 450 3,305 609 2,653 343 -1 95 23 226 9,524 551 3,612 751 4,610 386 2 104 26 254 164 9 80 11 65 4,932 233 2,753 520 1,426 6,757 330 3,041 575 2,810 15 0 4 2 8 1,963 70 719 239 935 89 P) 40 P) 39 2,136 174 1,366 178 419 974 8 134 58 774 768 211 322 7 228 2,084 75 782 244 984 3,138 P) 1,498 P) 1,190 1,241 8 137 114 981 1,141 211 330 36 564 230 19 88 23 101 12 P) $ 41 ( l 10 26 13 « T 2,508 101 308 142 1,957 43 3 9 3 29 1,825 97 288 55 1,385 6,298 1,640 3,728 757 173 -35 -21 9,184 1,327 5,693 504 1,660 121 5 63 5 48 1,878 266 335 440 838 1,001 4,939 586 3,358 293 702 -2,319 fi P) 772 267 n3 56 208 373 -256 -96 337 -1.18 420 -1,551 -532 335 <] 29 -522 336 -273 -72 WithholdEarnings (8) Interest (net of withholding taxes) on distributed earnings U.S. U.S. Net affiliates' payments affiliates' receipts (9) (10) (11) (12) i 6,351 326 3,293 477 2,255 135 -5 42 18 80 11,997 424 3,656 735 7,183 273 5 54 20 194 5,646 98 363 258 4,927 137 9 12 2 114 4,515 P) 2,912 P) 321 150 P) 65 P) 62 4,818 155 2,846 417 1,401 8,723 242 3,184 584 4,714 3,905 87 338 167 3,313 -187 21 P) 3 2 P) 57 7 29 1 20 2,086 42 869 225 950 1,713 P) 1,302 P) 194 723 4 167 76 475 674 172 237 -34 299 2,221 44 925 229 1,023 136 2 57 5 72 4,458 137 1,429 200 2,692 1,818 5 170 105 1,539 1,183 173 248 25 737 2,745 224 1,327 569 307 -1,979 -106 P) P) -113 258 P) -531 217 P) 3,283 P) 2,085 P) 528 -2,994 -5 -1,347 355 -1,998 -1,191 163 8 -560 277 13 133 27 103 64 48 0 12 29 15 0 8 12 s & 1,095 <! 29 1,063 509 1 11 59 438 NOTE.—In this table, unlike in the international transactions accounts, income and interest are shown net of withholding taxes, and income and earnings are shown without a current-cost adjustment. SURVEY OF CURRENT BUSINESS August 1994 • 10J Table 8.—Foreign Direct investment in the United States: Royalties and License Fees and Charges for Other Services [Millions of dollars] 1992 1993 Charges for other services1 Royalties and license fees U.S. U.S. affiliates' payments affiliates' receipts, 2,253 13 1,764 459 16 2,918 14 2,074 641 189 666 1 310 182 173 -1,264 Canada Petroleum Manufacturing Wholesale trade Other -32 2 14 48 2 23 18 6 80 0 9 298 Europe Petroleum Manufacturing Wholesale trade Other 1,739 11 1,609 11 107 2,180 13 1,841 161 165 441 1 232 150 58 168 1 151 (D) P) 272 1 164 104 0 13 '8 8 868 108 0 43 42 975 P) 899 4 (D) 569 0 153 449 -33 670 0 197 460 13 100 0 45 10 46 -742 -24 0 -12 (DD) () 21 0 14 2 5 45 0 25 (D) P) -338 -214 Net All areas Petroleum Manufacturing Wholesale trade Other 8 Of which: Netherlands ... Petroleum . Manufacturing Wholesale trade Other United Kingdom Petroleum . Manufacturing Wholesale trade Other fi( ) D Petroleum Manufacturing Wholesale trade Other Other Petroleum . . . . . . Manufacturing Wholesale trade Other U.S. affiliates' receipts U.S. affiliates' payments Net 1,115 63 363 141 548 633 260 224 41 108 186 160 -49 2,730 108 1,400 456 766 2,542 217 1,215 296 815 87 -4 102 2 -13 282 9 190 14 69 195 13 88 12 82 674 32 193 131 319 864 162 361 46 295 794 8 189 336 261 1,570 3 152 903 513 366 53 63 87 163 739 249 182 95 213 775 0 287 258 229 895 35 222 118 521 597 258 189 50 100 -19 52 2 12 -33 20 19 70 0 11 8 51 -14 2,692 212 1,196 335 950 3,175 506 1,072 633 964 1,834 (D) 1,646 11 P) 2,222 P) 1,839 162 P) 388 0 193 151 44 245 P) 203 -1 (D) 487 6 297 17 167 242 (D) 94 18 (D) 138 0 101 226 88 0 10 8 8 8 731 121 168 57 386 994 (D) 283 23 (D) 911 P) 883 P) 45 1,036 124 P) 51 P) 17 -190 -130 -168 694 5 160 204 324 1,436 463 708 180 364 -81 232 442 34 245 0 52 78 115 -777 158 762 516 346 57 42 71 176 685 271 119 151 143 34 0 -10 -15 59 106 0 22 6 78 72 0 31 21 19 -373 -196 -119 249 -223 33 68 421 -482 -294 124 -298 -262 -ffl34 P) 4 3 -557 -191 -78 -80 33 n 13 0 n n 111 fi P) 62 U.S. affiliates' receipts 5,484 729 1,772 1,334 1,649 3,088 P) 2,106 630 P) -868 U.S. affiliates' payments 5,005 232 2,016 1,019 1,738 2,313 (D) 1,819 372 (D) -480 -^97 243 -315 90 483 -197 139 100 440 188 -109 85 24 5 38 -567 -252 -8 -50 property were $566 million, and payments of film and television tape rentals were $1 million; U.S. affiliates' receipts were $5,245 million, $234 million, and $5 million, respectively. NOTE.—In this table, unlike in the international transactions accounts, royalties and license fees and charges for other services are shown net of withholding taxes. [Millions of dollars] 1987 1988 1989 1990 263 394 314754 1991 1992 1993 368 924 394 91 1 418780 425 636 445 527 59,581 34319 579 24683 58,571 45046 1 963 1 1 ,562 69,010 51 776 7390 24624 48,422 56239 14 156 6339 27,246 44043 19 125 2328 11,452 25468 10086 -3929 22630 21 696 -8 131 9065 Income 8659 12774 7491 2936 2347 3566 6298 Royalties and license fees net payments U S affiliates' payments U.S. affiliates' receipts 896 1 105 209 1001 1 244 243 1 249 1 580 331 1 499 1 863 364 2143 2691 548 2253 2918 666 2313 3088 775 Charges for other services net payments 1 U.S. affiliates' payments U S affiliates' receipts -530 2306 2836 -178 2582 2760 -50 3128 3179 -306 3784 4090 -306 4342 4649 -1264 4628 5893 -480 5005 5484 Direct investment position Net 5,893 1,037 1,538 1,596 1,722 Table 9.—Foreign Direct Investment in the United States: Position on a Historical-Cost Basis and Balance of Payments Flows, 1987-93 Capital inflows (outflows (-)) Equity capital Reinvested earnings Intercompany debt U.S. affiliates' receipts 4,628 309 1,619 728 1,971 82 8 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. Consists of service charges, rentals for the use of tangible property, and film and television tape rentals. In 1993, U.S. affiliates' payments for service charges were $4,437 million, payments of rentals for the use of tangible U.S. affiliates' payments -728 8 D Net Charges for other services1 Royalties and license fees 1. Consists of service charges, rentals for the use of tangible property, and film and television tape rentals. NOTE.—In this table, unlike in the international transactions accounts, income, royalties and license fees, and charges for other services are shown net of withholding taxes, and capital inflows, reinvested earnings, and income are shown without a currentcost adjustment. SURVEY OF CURRENT BUSINESS 1O4 • August 1994 Table 10.1.—Foreign Direct Investment Position in the United States on a Historical-Cost Basis, 1991 [Millions of dollars] Manufacturing Chemicals and allied products Primary and fabricated metals Machinery Other manufacturing Wholesale trade 51,135 13,277 29,039 41,056 58,171 2,170 3,879 1,690 Banking Finance, except banking Insurance Real estate Services Other industries 9,045 24,347 17,380 33,241 28,682 34,116 18,016 -1,892 2,052 3,410 3,678 4,661 969 4,823 10,363 -29 -104 26,800 19,301 11,298 -278 « £89 236 1,373 P) 1,618 10,037 1 61 0 -1 120 14 222 22 2,442 140 P) 1,005 2,012 5 -2 0 710 P) 771 1 -15 2,270 4,490 40 P) 0 0 5,190 1,142 P) 21 23 93 4,140 412 P) -82 -15 P) 5,300 P) 4 345 120 3,771 24 69 -4 157 755 9,627 2 209 8,419 P) All industries Petroleum Total Food and kindred products 418,780 37,222 158,559 24,053 36,341 1,511 15,440 D () () 1,860 252,692 520 3,204 1,426 1,508 25,359 28,790 15,722 0 59 (D) (D) 1,564 45,467 P) 931 8,713 (D) 102 (D) 512 2,958 20,632 78 45 102 40 3,084 25,505 28 287 83 130 3,393 23,444 123 85 281 51 1,325 6,724 -3 776 409 116,039 143 1,424 604 1,113 17,928 Germany Ireland Italy Liechtenstein Luxembourg Netherlands 28,602 2,232 2,749 110 1,054 59,776 216 6 147 (D) 54 12,422 15,394 231 2,532 36 180 18,889 -69 126 15 (D) 8,665 2 (D) 0 -94 8,244 852 6 279 852 3,230 34 16 -1 -28 4,876 2,716 69 207 (D) 21 2,278 6,500 142 306 55 498 6,251 Norway Spain Sweden Switzerland United Kingdom Other 620 1,406 5,322 20,155 98,236 413 (D) 0 (D) 65 13,980 (D) 389 63 4,861 11,331 40,838 83 n 2,441 445 1,948 0 9 -1 1,408 1,707 13,135 (D) 197 94 949 765 5,686 137 (D) 76 6 8,521 P) 742 3,395 14,049 -1 24 -3 2,574 3,344 3,185 33 -58 3,595 1,167 All countries Canada Europe Austria Belgium Denmark Finland France 2,639 D 8 6,929 (D) 3 fl R Retail trade i& 1,495 2,306 -7 -298 2,451 4,630 310 644 139 1,025 (D) 2 (D) 390 (D) 915 -85 246 783 -15 -15 28 -3 37 -6 0 230 n 468 -30 -13 (D) -12 (D) Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U K Islands Caribbean Other 11,810 1,987 1,396 7,812 1,426 3,716 1 823 2,696 198 -3 282 (D) 176 0 -91 (D) (D) 14 7 0 69 (D) (D) (D) 3 () 3 0 3 ( -2 8 78 <2 % R (D) 81 -3 0 0 0 0 0 0 0 (DD) () 0 0 -1 0 0 5 n0 81 -2 2 -3 0 0 -1 0 180 163 1 (D) -14 (15D) P) 892 7 2 -56 3,446 6,207 522 49 5,333 11 29 -1 3 84 164 13 8,002 769 12 7,179 13 -1 -9 P) 19 31,832 787 556 30,681 -559 19 44 -11 30 191 95 1,428 (D) 188 1,113 14,540 -5 22,183 -3 21,169 7 -578 1,193 Africa South Africa Other 756 -17 772 3 1,422 R ^P) D Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other 4,725 1,295 1,662 -23 1,606 68 116 (D) 7 n Asia and Pacific Australia Hono.y Konaa Japan Korea Republic of Malaysia New Zealand Philippines ,. Singapore Taiwan Other 105,359 6,364 1,859 93,787 661 52 92 63 923 1,109 450 2,749 2,464 129 150 14 22,049 2,275 262 18,258 67 29 -11 10 492 572 95 224,080 3,877 28,547 2,013 . . Addenda: European Communities (12) l OPEC2 . 0 T(D) 80 -1 P) R 98,078 -24 R R 100 0 0 3 (D) n -6 fl R 64 J2n 12,918 -3 40,999 -13 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. The European Communities (12) compn'ses Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxem- D 0 1 0 0 0 0 n 2,567 982 (D) 1,408 37 0 4 0 8 fl 7,438 n -50 -13 -56 -6 -2 0 -2 R 9 1,005 ' 843 P) 792 -2 -6 -437 2,368 2,039 428 1,984 2,266 1,018 556 316 -3 239 (D) 3 (D) 197 23 134 37 -6 10 12 0 7 5 0 0 1,733 558 231 372 68 504 912 0 12 912 4 -16 P) 233 6 57 112 24 33 36 0 22 11 P) -11 49 77 P) 3,279 970 (D) 251 156 369 (D) 2,356 0 (D) 1,259 272 (D) 306 0 -484 $ (I 2 -199 295 -2,623 P) (D) 7 -3 10 0 0 D () 845 2,ll 46 T q R 175 2,864 2,231 0 7,096 539 759 4,818 476 505 5 232 -3.-B 160 P) 866 4,054 9,943 0 18,907 -128 fl -1,097 1 1 912 68 1,658 1,434 114 South and Central America Brazil Mexico Panama Venezuela Other Latin America and Other Western Hemisphere P) 8 -141 n -1 16 0 TP) 0 -1 R n ^ P) 2 51 2,033 28 117 968 865 55 307 0 307 0 0 0 -2 0 -2 907 785 22 0 -15 5 111 282 0 0 0 0 0 0 0 1,155 -2 1,173 -30 16 3 -5 13,057 P) 152 13,273 779 P) 1,145 273 -2 725 105 0 40 ^ 0 3 R P) 10,565 435 219 9,487 19 2 44 -1 330 23 7 12,777 927 173 11,582 0 0 0 8,979 63 182 8,000 190 7 P) 49 P) 203 240 7,009 P) 8,502 153 -115 21,581 -1 9,538 1,222 18,308 48 1 (D0 ^0 P) "4 0 <! P) fl -28 0 25 T P) (D19 eSi 5 0 18 (D0 982 8 9 205 745 153 P) 1 P) 181 fl R P) 13 pi 0 R 1 |J -3 P) -5 P) 11,463 61 bourg, Netherlands, Portugal, Spain, and the United Kingdom. 2. OPEC, the Organization of Petroleum Exporting Countries, comprises Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. SURVEY OF CURRENT BUSINESS August 1994 • 105 Table 10.2.—Foreign Direct Investment Position in the United States on a Historical-Cost Basis, 1992 [Millions of dollars] Manufacturing All countries Canada ... .... Europe Austria Belgium Denmark Finland France Germany Ireland Italy Liechtenstein Luxembourg Netherlands Norway Spain Sweden Switzerland United Kingdom Other .. ... ... . Latin America and Other Western Hemisphere Banking Finance, except banking Insurance Real estate Services Other industries 9,981 26,311 17,683 34,265 29,915 34,635 16,121 595 2,148 2,272 2,883 4,751 1,029 4,010 21,811 131 340 341 15 1,517 5,997 -4 869 -480 28,335 11,102 223 11,584 113 (D) 270 89 1,740 -2,435 8 0 196 1,667 64 0 -2 122 18,734 2 16 164 22 3,716 10,500 14 71 155 5 1,295 2,572 182 204 (D) 38 2,537 5,821 175 440 48 84 5,724 1,719 5 -8 0 (D) 1,528 961 (D) 598 1 -2 2,556 -2,484 360 (D) (°) 106 2,851 4,550 54 (°) 0 10 6,677 1,345 106 4,625 611 (°) -96 -38 (D) 5,182 14 -22 1,431 1,682 12,155 (D) 106 103 756 918 5,096 196 (D) 84 1 1,688 0 19 960 123 P) 1,745 135 -3 (D) (D) 1,423 1,383 (D) 4^005 9,468 0 348 (D) 4,528 7 48 3 108 1,453 7,285 3 322 6,202 5 168 Total Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery Other manufacturing Wholesale trade All industries Petroleum 425,836 34,347 163,354 25,587 53,681 12,911 29,156 42,019 59,024 37,845 1,649 17,005 (D) (D) 2,446 2,643 4,035 1,506 251,206 518 4,288 1,508 1,416 25,459 26,006 0 (D) 4 117,617 148 1,502 549 1,076 17,563 17,111 0 47,481 7,886 1,561 7,416 3^ 2,316 20,658 68 (D) 462 112 3,078 24,481 37 267 15 132 3,192 29,603 2,750 274 40 730 65,323 664 (D) 132 15,376 515 208 30 316 22,994 -106 8,780 5 -93 0 0 9,689 976 0 89 3,154 10 -4 1 (D) 5,661 709 1,546 6,850 20,635 89,073 485 38 0 n 19 17 2,403 2,484 3,168 33 3 B () 8 D 318 13 8 4,064 ( 10,901 (D) 404 72 4,909 11,088 40,777 91 2,408 8,269 (D) 895 3,957 15,339 -1 S 31 8 249 1,043 (D) (D) 179 557 1,845 Retail trade p l -136 114 -156 n ^r 1,039 8 -2 ( 1 1 33 27 1,404 -13 7 -381 21,098 2,288 6,636 111 1,412 76 -116 5,153 1,378 1,532 2,049 1,462 2,316 2,054 1,214 South and Central America Brazil Mexico Panama Venezuela Other 7,790 574 1,230 5,040 440 507 841 (D) 2 1,243 -92 582 734 45 -27 57 -4 69 -8 0 0 577 -10 -19 (D) 47 (D) 155 -1 •j 162 0 -166 218 27 189 14 -7 -4 -3 -4 4 -2 0 1,749 600 187 n 535 1,127 0 12 1,108 1 7 (D) 0 620 -10 558 (D) 3 (D) 170 7 54 56 22 31 127 -3 129 9 -3 -6 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U.K. Islands, Caribbean Other 13,308 2,779 1,473 8,618 -38 476 1,447 (D) -31 1,480 5,393 -2 1,009 4,004 366 16 H5 835 0 -79 (D) 50 4 4,533 (D) 9sD () 'l 1,535 2 (D) 1,273 187 (D) 300 0 (D) 164 (D) 1,884 52 79 604 975 173 1,087 (D) 172 561 301 (D) (D) -93 5 3 () 3 0 3 5 Tp) 169 (D) (D) 8 0 0 0 0 0 0 0 Africa South Africa Other 723 -20 743 Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other Asia and Pacific Australia Hona Kona japan Korea Republic of Malaysia New Zealand Philippines Singapore Taiwan Other , ... ... Addenda: European Communities (12) l OPEC2 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.1. 2. See footnote 2, table 10.1. D 4,786 1,284 1,643 -29 1,688 93 106 8 TP) "o D ( 0) (D) -6 (D) D n 109,978 7,069 1,842 97,537 823 73 69 68 873 1,117 506 2,630 2,493 -3 140 -2 0 0 0 4 0 -2 21,768 2,124 237 18,321 -16 22 72 6 342 530 129 220,628 3,981 25,577 1,888 99,870 31 54 53 0 -156 80 .3PI PI T 0 4 0 0 n -67 -20 -74 -4 20 16 256 0 n 1,160 113 299 164 576 8 -15 7 -22 -3 -3 0 74 -171 ( 42 33 0 4 l 0 0 0 n n ( S 8 n 75 a 0 0 -1 a 93 59 (D) p'i 8 0 0 8,272 600 33 7,567 17 B 194 (D) 2,518 871 (D) 1,554 -50 0 5 0 3 -1 (D) 5,932 623 63 5,023 13 22 1 1 41 124 22 22 (D) 33 56 -1 -2 42 192 43 14,263 -1 42,271 43 6,656 -3 15,537 -4 21,142 -4 19,642 22 D () -15 (D) 946 5 2 (D) (D) D (44) -59 3,231 n -2 -6 fl p] 34,406 905 584 32,841 -254 T (D) a n 19 _g 22 §"3 789 621 (D) 0 23 7 (D) 1,236 (D) 248 980 9,723 0 3 -103 0 (D) 335 2,463 59 £ -^ (^ (D) D0 0 0 0 ( 2 0 2 0 0 0 0 1,141 -2 1,158 -37 27 2 -6 730 177 2 486 (D) 0 () (D) i 4 13,809 a?) T4 0 0 0 0 241 8,809 169 1 2 47 53 220 284 6,127 (D) 9,781 272 1 420 (D) 3 Tn 0 -27 0 55 (D) 28 1 47 a A(D) 22,755 n 'l (D) -11 71 73 (D) 6 B 13 a <i( ) <°i 13 (D) 4 0 -3 (D) 10,861 282 230 9,909 14 2 28 -2 372 19 6 13,554 1,077 47 12,334 (D) -8 1,262 509 19 630 102 1 «0 5 86 4 8 10,650 1,221 17,136 42 10,511 92 D -5 (D) 1O6 • August 1994 SURVEY OF CURRENT BUSINESS Table 10.3.—Foreign Direct Investment Position in the United States on a Historical-Cost Basis, 1993 [Millions of dollars] Manufacturing All countries Canada Europe Austria Belgium Denmark Finland France Total Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery Other manufacturing Wholesale trade Retail trade Banking Finance, except banking Insurance Real estate Services Other industries 17,096 All industries Petroleum 445,268 32,647 166,698 25,376 57,693 12,969 29,748 40,913 59,290 10,430 31,026 26,542 39,154 28,609 33,776 39,408 1,991 16,600 (D) (D) 2,321 2,363 4,373 1,101 738 2,289 3,346 4,338 4,691 1,629 2,685 270,767 557 4,589 833 1,500 28,470 24,979 0 (D) 5 50 60 122,590 164 1,879 513 1,087 16,937 17,099 0 51,429 (D) 1,101 8,356 24,496 45 543 -4 460 2,229 21,776 141 118 307 23 1,642 6,217 14,724 7,772 30,770 238 241 104 2,004 10,850 1 61 0 P) 47 17,527 2 -70 P) P) 4,111 13,562 14 79 157 -2 1,278 8 17,852 407 439 25 823 22,856 5,485 -61 516 46 167 6,253 1,819 (D) -9 0 (D) 1,460 1,972 P) 542 2 -5 3,537 35 443 -477 -33 113 2,590 4,507 P) 1,074 128 P) -38 107 4,487 -118 -44 -273 5,148 1,279 3 2 33 23 2,604 P) 2 -3 n 2,494 J3 1,061 4,422 6 40 2 94 1,625 5,727 3 215 18 181 295 7,379 4 1,682 780 33 221 7 51 114 21 29 329 P) 289 27 P) 852 1,461 61 160 271 782 187 451 P) 178 193 -36 P) 6 P) -147 5 75 n P) 260 75 P) 3 0 3 0 0 0 0 1,037 -3 1,071 -44 21 1 10 P) 96 P) 0 P) 10,274 175 233 9,460 13 3 15 -2 355 23 -3 13,684 1,236 5 12,170 86 P) 10,433 1,123 15,678 67 1,601 8 7,516 aa 2,642 21,210 74 -40 446 77 2,949 -122 230 22 10,449 7 123 977 0 113 3,974 47 -25 278 1,137 n 8,639 23 5,846 2,575 124 206 (D) 394 3,267 (D) 5 1,074 4,522 17,530 (D) 11 233 521 1,953 n -2 13 2,549 2,274 2,983 22 (D) -27 1,529 1,488 11,596 (D) 111 82 764 1,016 4,908 258 (D) 80 1 -307 2,026 0 P) 1,181 128 1,610 2,123 153 6,432 P) P) 191 P) 4,417 10,487 0 3,061 08 (D) a -fl a -161 Germany Ireland Italy Liechtenstein Luxembourg Netherlands 34,667 2,593 1,229 -15 990 68,477 Norway Spain Sweden Switzerland United Kingdom ... Other 844 623 8,077 21,384 95,415 537 9,367 (D) 302 4 5,384 11,299 42,543 76 20,342 1,236 5,219 246 1,247 45 -69 3,750 664 1,684 2,259 3,724 South and Central America Brazil Mexico Panama Venezuela Other 6,604 714 1,039 4,754 -398 494 -608 866 -80 453 453 50 -10 63 -5 79 416 -20 -26 -1 (D) -70 37 -53 14 -9 -58 -19 -3 4 -21 0 2 529 -11 486 60 3 -9 1,935 692 198 ?! -117 -42 -49 -28 -2 4 n 559 1,210 -1 44 1,134 -1 33 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U.K. Islands, Caribbean Other ... 13,739 1,184 1,442 6,984 3,511 617 1,843 (D) -6 1,593 71 -3 48 5 3,221 fl24 1,703 (D) 214 1,246 224 (D) 324 0 fl T 734 125 236 73 298 1 a T 13 121 87 (D) /D} Latin America and Other Western Hemisphere Africa South Africa Other Middle East Israel Kuwait Lebanon .. Saudi Arabia United Arab Emirates Other 127 -6 (D) 12,424 35 8 366 n 8 805 -7 812 5,027 1,712 1,555 -35 1,591 107 98 «D0 () (D0) (D) 0 (-3D) 2 4,353 2 528 3,270 529 23 D 8,480 (D) n 849 (D ri (D) (D) 183 0 831 0 a (aD^ 32 0 (D) 3 0 3 (D) 372 (DD) (D) () -3 -2 0 0 0 0 0 0 0 P) DO ( } D () P) (D) ^ 0 -2 -2 -2 D () -32 ( ) 67 (D) 986 7 2 (D) 2 -3 D () 74 U3 1 fl 238 -2 21,618 2,234 331 17,746 -113 50 105 3 434 570 259 24,226 857 104,252 78 14,347 1 Asia and Pacific Australia Hong Kong japan Korea Republic of Malaysia New Zealand Philippines Singapore Taiwan Other 108,918 7,278 2,015 96,213 795 250 104 67 228 1,272 694 2,788 2,513 7 254 6 0 0 0 10 Addenda: European Union 1 OPEC2 237,960 2,959 -1 D (D) 45,472 43 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. Prior to 1993, the European Union was known as the European Communities (12). The European Union comprises Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, and D (D) -12 P) (D) 8n n0 n0 370 331 0 0 n n 2,260 702 (D) 1,508 -131 n5 0 1 -1 (D) 7,313 n 1 0 a 389 (D) -186 0 0 -1 0 fln n 5,873 746 123 4,768 14 53 -2 2 -6 123 53 8,225 752 74 7,176 -4 -2 P) 73 220 147 16,215 39 20,904 -5 19,416 22 35,815 894 662 33,910 -152 81 § 8 (D) a & % 8 2,514 792 P) 178 1,546 P) TP) 8 0 150 2,314 p l P) 7,117 a 0 P)0 P) T R (^ 0 0 0 P) 0 4 775 580 P) 0 28 P) 110 1,096 (D) 231 844 P) 10,966 144 244 9,803 101 11,133 P) 328 11,151 P) 0 0 0 57 62 254 265 -27 0 P) P) P) 982 224 1 686 P) 0 29 P) -1 P) P) 6,516 P) 12,619 306 7,200 P) 24,802 3 10 a 80 -1 0 4 P) a1 a (D ^ T 10 104 7 76 P) n P) 106 a -8 P) 0 3 562 255 -26 189 90 0 S P) 12,817 84 the United Kingdom. 2. OPEC, the Organization of Petroleum Exporting Countries, comprises Alaeria, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Before January 1, 1993, Ecuador was also a member of OPEC. August 1994 • 10 J SURVEY OF CURRENT BUSINESS Table 11.1.—Foreign Direct Investment in the United States: Capital Inflows, 1991 [Millions of dollars; outflows (-)] Manufacturing All countries Canada Petroleum 27,246 -2,699 Germany Ireland Italy Liechtenstein Luxembourg Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Brazil Mexico Panama Venezuela Other . Other Western Hemisphere Bahamas . Bermuda Netherlands Antilles U K. Islands Caribbean Other Asia and Pacific Australia Hong Kong Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Other Addenda: 1 ^rogwn uommunmes (12) w European Communities * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.1. D 1,678 3,075 355 D D -348 969 () () -11 5,813 11 -83 393 143 1,844 1,252 0 2,438 (D) -59 373 (D) -16 293 474 1,859 463 -199 -57 -1,219 1,097 74 -1 250 340 44 216 -13 -89 -37 -189 48 786 -4 (D) 0 -91 -912 -470 -132 397 -15 1,542 3,503 86 (D) (D) 8 -1,558 (D) 46 -12 179 649 2,154 28 -604 63 -730 67 375 121 156 124 7 -34 15 7 -2 11 -2 0 (D) -154 -24 1 -149 -9 27 48 -576 61 9 () -S 173 -87 260 .... 7,772 Primary and fabricated metals -2,223 -979 360 -89 -3,848 2,288 311 Africa South Africa Other Total Food and kindred products 12,566 -120 -528 596 278 5,016 1,320 Europe Austria Belgium Denmark Finland France Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other . ... All industries Chemicals and allied products 568 595 214 -6 -217 1 -18 P) ,q P) p]2 D 8 D (^> . ^( ) D 0 (D) -2 (D) 13,224 -201 402 11,421 1,718 -9 -29 -28 -370 313 7 55 -156 (D) 83 10,936 61 -2,061 187 11 4 P) -255 45 (D) 8( ) D fl A 3 fl 84 (D) n 8(D) 48 0 (D) 5 (D) 1 0 8 8 () 0 0 0 0 0 0 0 D 8 2,041 161 1,998 1 (D) -34 (D) Other manufacturing 623 Wholesale trade 6,564 Retail trade -1,182 Banking 1,340 226 4,340 -250 8 fl 1,861 fl0 -2 0 2 17 1 P) 1,019 -59 328 -96 P) -18 32 P) P) -45 P) 66 P) -54 -3 P) -146 493 0 -20 -2 P) -326 5 -4 -2 -94 -16 -279 P) -779 -2 86 (D) -2 16 115 -111 110 -176 0 -6 0 (D) -184 -59 (D) 94 1 -23 -324 -68 288 123 479 0 236 P) P) -134 -3,127 P) 237 110 70 (D) -7 0 P) -29 64 2 60 P) 10 -3 -4 431 -27 -25 28 -56 -744 47 104 (D) -16 1 (D) -6 P) (D) -31 -4 (D) -18 -3 (D) -68 33 33 29 -17 5 -17 -4 0 1 -5 0 -25 (D) 0 -3 1 (D) -676 108 0 ( ) 15 (D) -27 -31 66 (D) 4 1 3 79 -179 8 8 1 208 206 T 8 ?i ~ R -11 0 (D) 8 80 0 «0 n % P) 1,559 17 -71 1,664 -17 -3 -4 -1 -141 174 -60 J3(D) -2 94 (D) 4,766 (D) 741 -2 2,179 -5 350 8 -3 fl «0 T 0 0 72 (D) 0 (D) "o g (D) J8 D 2 -1 0 0 ( 0 2 .a •a -138 42 -89 2 5 -3 -1 1,416 120 -1 1,354 -23 -1 (D) P) -98 16 -13 235 (D) 1,809 -3 n -42 87 4 0 P) n n n3 -1 0 n fi -66 (D) (D) 0 (D) 0 D0 () $ 3 -10 D () (D i 4 0 4 296 312 21 0 -31 2 -8 620 B -9 5,271 -207 5 4,895 464 4 -6 -19 -17 111 40 1 331 -197 -1 1,654 6 -575 P) 554 27 s 523 T0 0 0 0 n 69 139 -369 -4 n n -1 598 2,613 109 -30 50 2,244 1 169 0 fl0 n 3,476 214 -67 -69 2 (D) 11 (D) -188 -320 0 n 214 -29 -28 -183 92 -6 -245 -16 790 84 55 1,783 -539 -1,405 1,398 4 P) 0 0 660 18 -21 34 76 799 (D) 94 Other industries 231 -1,121 1,576 -19 -177 42 33 -88 -1 -3 -87 296 -681 18 a Services 1,345 -97 (D) 126 (D) 40 -359 -247 15 -100 1 -183 ^43 «e Real estate -274 -548 14 73 Insurance 4,609 307 50 -37 -4 175 597 fl Finance, except banking 6,428 3,575 117 99 112 -49 -3 -20 887 1 103 1 Machinery 1,462 27 48 1,304 30 -5 P) -9 /D\ P) ?! 33 -64 P! -2 -50 1,974 P) 8 ? T -22 -3 -4 § P) 0 148 P) -105 10 95 -507 306 -8 -3,191 P) 0 0 0 -6 0 -6 P) 0 0 0 0 0 0 0 207 -1 227 -7 -7 -1 -5 P) -1,436 -3 2 -1,393 3 fl 0 p)<2 2,064 P) 110 796 P) 8 n P) 0 -1 P) P) ( 160 l 0 -178 P) n -23 P) 0 0 P) 637 P) 3,721 -1 -3,221 30 P) P) n 222 P) -74 -2 13 a ( -31 P) p) p-1 3,410 -15 819 3,4°) 30 15 i % ai fl (i n 11 -2 P) -368 216 8 2,592 4 ^ P) -2 «3 H P) 16 -22 2. See footnote 2, table 10.1. NOTE.—In this table, unlike in the international transactions accounts, capital inflows are shown without a currentcost adjustment. SURVEY OF CURRENT BUSINESS 1O8 • August 1994 Table 11.2.—Foreign Direct Investment in the United States: Capital Inflows, 1992 [Millions of dollars; outflows (-)] Manufacturing All industries All countries Canada Europe Austria Belgium Denmark Finland France .. ...... . . . Germany Ireland Italy Liechtenstein Luxembourg Netherlands . . Petroleum Total -1,197 6,459 1,598 3,230 -259 1,359 (D) (D) 6,023 -14 1,032 129 -111 430 -782 « 8 2,514 3 106 -39 -61 -579 1,539 0 2,444 2,205 429 -343 -39 162 2,906 509 -59 282 -244 -6 166 1,660 -10 192 -2 (D) g (D) 0 (D) -3 -1,913 (D) 1,610 1 2,023 South and Central America Brazil Mexico Panama Venezuela Other 825 29 468 340 -43 32 -17 (D) 385 -12 327 29 56 -15 Other Western Hemisphere Bahamas Bermuda . Netherlands Antilles UK Islands Caribbean Other 785 573 61 678 199 -727 18 Latin America and Other Western Hemisphere . . ... Africa South Africa Other -31 -4 -28 Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other 45 -20 10 -7 40 25 -3 Asia and Pacific Australia Hong Kong Japan Korea Republic of Malaysia New Zealand Philippines Sinaaoore « . . Tai wan ...":::'":::.'.:...'."::....:: : . : ". Other ." Addenda: European Communities (12)1 OPEC2 .. * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1,table 10.1. D Primary and fabricated metals -724 11 9 94 494 669 9 I1VI ItMJ Chemicals and allied products 11,452 122 128 1,555 823 -3,462 70 Norwav Spain Sweden Switzerland United Kingdom Other Food and kindred products fi 8 554 8 (D) D0 () (DD ^ () 0 3 () D 1,638 -3 186 1,413 33 10 (D) fi J3 (°)-6 1 -32 265 (D) -198 29 -2 33 -3 0 n -48 0 n0 n 3 5 0 0 0 0 0 0 0 5 3 , fl 4,528 425 -132 4,186 74 21 -40 7 -57 3 40 -221 29 -132 -111 -15 (D) 0 0 4 P) 595 -96 -44 949 -69 -7 37 -4 -154 -31 15 3,651 67 -971 -112 1,974 51 1,517 2 -187 i -255 208 3 3 94 -13 (D) (D) 155 660 1,123 n Other manufacturing Wholesale trade Retail trade Banking Finance, except banking -72 1,948 1,947 -434 1,762 1,760 189 165 800 538 359 _^ 134 92 -1,747 441 63 1,012 130 258 P) 52 1,644 -87 112 -722 249 199 0 3 20 251 164 -395 n -560 -6 P) 9 74 3 5 -54 1 -180 -406 -334 -122 -23 -13 2 P) 452 111 7 P) 13 -65 -6 20 1 3 -20 57 -20 -83 P) -155 -277 -240 592 -2 90 P) 158 36 90 -1 -3 71 0 -6 0 -609 -95 8 -218 176 -228 59 -54 50 1,383 51 183 20 -5 -66 -1 -1 -64 0 -1 -54 -22 -13 -16 -2 -2 294 -7 313 P) 30 7 52 -21 -1 -7 12 104 P) 0 «0 96 -2 P) P) -13 7 -19 -11 -3 -8 0 n0 n0 B( ) D 8 "o ^ { l 0 (27) -3 -93 0 n S () D 1,607 56 0 ?! -35 -102 P) 140 77 0 1 0 -5 -1 P) -185 -3 fi 1,089 8( S P) 21 P) 48 -16 62 P) -3 -23 3 8 6 10 -8 P) 1 T 0 1 <3 0 70 5 14 118 4 7 2 -1 -43 -41 19 -355 763 21 1 736 3 2 (D } 4 -609 2 -1 -252 19 4 252 40 -2 352 842 D 11 46 ?! P) -200 659 0 -226 -243 Machinery 16 -S T-6 ffl -7 333 240 P) -112 1 13 186 10 37 50 Insurance fi J , P) 49 740 -131 -83 506 13 P) 0 10 1,385 8 a P) 339 -176 107 0 74 625 311 48 36 -46 P) P) 25 92 0 4 29 P) 533 2 P) 13 -77 P) 25 0 B P) $ (*) P) 0 P) 12 0 12 429 42 0 -830 -7 -4 3 -6 0 n -823 fl20 -157 -168 P) 0 -3 3 P) -102 -518 n 59 P) 23 P) 438 -1 -284 -47 1 -4 -40 -2 -2 3 P) 0 P) 0 0 0 ( 5 p) 1,891 -18 55 1,639 196 32 2 9 10 -8 -25 -34 P) 17 -41 0 0 0 0 0 P) 12 24 0 30 P) 28 94 19 171 P) 1,080 58 -630 P) 3 -28 14 -402 -11 P) P) "o -50 P) -436 n 687 -152 59 748 -7 -6 7 T36 fi 0 0 P) n -2 0 -1 -237 R o TP) 760 P) 84 215 " Other industries Services Real estate 0 -553 -1 1,414 740 P) 33 16 P) 173 -20 P) 14 3 P) 265 746 0 -24 -1 P) 183 3 7 28 123 -1,692 0 -6 13 41 139 1 -3 -254 -559 P) -107 103 -2 109 8 -357 P) 22 -18 P) -1 105 114 79 P) J3 I -1 5 P) -14 l fi 8 2 0 2 0 0 0 0 1 -1 9 T 8 -1 P) -21 89 -67 -1 175 -6 <") -9 P) 0 a fiP) 1,460 1 11 -31 ( 3 11 -1 -2 -8-1 35 -1 -1 -58 15 P) -101 -351 0 849 233 -190 805 -2 -66 128 20 -184 -5 1 -18 0 2 P) n 5P) -44 -2 575 20 2. See footnote 2, table 10.1. NOTE.—In this table, unlike in the international transactions accounts, capital inflows are shown without a currentcost adjustment. SURVEY OF CURRENT BUSINESS August 1994 ® 109 Table 11.3.—Foreign Direct investment in the United States: Capita! inflows, 1993 [Millions of dollars; outflows (-)] Manufacturing All countries . Canada Europe Austria Belgium Denmark Finland France Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery Other manufacturing Wholesale trade 130 3,961 -75 1,334 1,988 1,083 D -13 746 -215 1,109 7 (D) -15 -32 84 1,672 8 149 -19 330 -511 -16 79 1,202 37 -23 -1 (D) 118 32 -59 2 (D) 13 1,039 847 -22 -4 108 All industries Petroleum 22,630 -643 7,338 2,783 209 414 () () -4 19,590 22 -95 -677 73 3,522 172 0 (D) 7,353 16 234 -36 21 64 285 DO 3,894 392 67 159 265 2,912 -16 -88 9 (D) (D) 1,689 2 5 0 P) 4 0 25 Germany Ireland Italy Liechtenstein Luxembourg Netherlands 6,832 -272 719 -55 -189 2,519 Norway Spain Sweden Switzerland United Kingdom Other -115 -927 570 1,119 6,504 41 fl10 (D) 3 8 897 Total -108 17 -5 119 378 D -310 (D) '3 a -548 -112 n 314 -1,414 (D) -92 -68 465 566 2,883 -15 -1 417 364 (D) 131 -1,053 -1,320 135 -165 -287 -7 South and Central America Brazil Mexico Panama Venezuela Other -1,392 148 -97 -590 -835 -18 -1,448 -505 -159 -10 -275 8 -110 ^28 5 16 6 -1 10 (D) D0 () -5 25 -29 —7 2 3 Other Western Hemisphere Bahamas Bermuda . Netherlands Antilles U.K. Islands, Caribbean Other 1,261 -1,593 247 -1,379 3,848 139 395 (D) 25 113 -815 129 -5 0 Latin America and Other Western Hemisphere 67 13 53 Africa South Africa Other Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other . 288 431 -39 -6 -97 8 -9 -3 8 12 -21 0 (DD (D) 15 (D) ( "o D (D) 334 (D) (D D] S ^ () ( 0) () 150 20 11 107 7 0 0 0 6 -1 0 Addenda: European Union * OPEC2 17,928 -975 -1,031 D 165 6 32 465 151 -446 -28 165 34 -5 -647 153 190 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.3. fl( ) 8 Asia and Pacific Australia Hong Kong Japan Korea Republic of Malaysia New Zealand Philippines Singapore Taiwan Other D 5 -255 -736 -164 -2 537 144 50 123 -97 28 34 -3 89 40 130 6,398 47 l (*) 0 0 0 0 0 0 0 D () -17 (D) 39 2 fl-2 S 51 3 P) (D) 178 564 1,762 n -16 149 n a a(i a 3 a a n 3 (D) -12 0 (D) 11 (D) 0 0 -1 _2 -2 D ( ) 33 P) 90 n 6 fl44 (D) 3,143 n 0 0 0 0 -209 -121 -11 -2 ( } *o D () 5 n 3 3 n 339 309 0 (D) 8 «0 0 -179 -149 -98 122 16 <?3 -80 8 -248 2 31 -1 n 0 -2 —1 (D) -49 -1 31 565 3 1,270 42 3 133 -190 728 P) -997 -72 -1 -54 ? P) -925 (D) a a( ) a^ 136 (D) D 0 «z 577 155 41 229 -21 -2 9 a 40 1,369 _2 -4 10 -222 -34 7 100 -77 -237 77 -2 19 304 12 -21 16 91 Banking Finance, except banking Insurance 658 3,795 8,302 3,024 150 43 768 1,447 139 674 307 4 -5 (D) -2 15 2,360 7,948 749 0 1 0 -63 559 -41 30 -1,442 0 -86 P) P) -62 & 108 (D) 1,036 P) -70 1 -2 429 Retail trade 0 (D) -187 (D) n -141 8 -32 -3 164 1 a 2,272 2,539 68 P) P) -343 -173 a 0 P) 68 a £1 -364 £ 166 508 0 P) 344 9 4,831 P) -123 206 223 2,179 -202 -4 1 1 -6 0 -54 n 191 100 11 P) P) 19 47 -1 33 -9 -2 26 0 P) 79 12 -24 40 57 210 33 0 2,132 -1,656 P) 0 -107 60 9 -156 n -1 _-! -15 (D) (D) 27 28 (D) Pi11 50 (D) °0 P) (D) a ^ P) 18 -42 '"a 8 n0 n -81 P) -17 -64 P) 0 0 0 0 0 0 1,193 279 27 904 -68 -2,539 P) 91 -1,791 P) -1 1 0 446 P) 2,121 35 n 1,412 -9 71 1,079 101 26 (D) (D) 22 27 104 -200 0 0 a a 8 9 34 -17 -797 -1,000 51 P) P) -36 2 -131 8 114 P) -18 -1 -387 P) (DP) -4 56 -1 -2 ^ P) P) P) n -436 9 81 -335 -205 -36 11 46 -33 1,015 1 -365 -98 192 fi18 P) -557 « -277 -349 70 n P) 70 P) 1 1 -00 -1 -42 -7 -6 -1 -5 P) 27 a 596 1 -518 -48 -7 -429 -1 1 -13 I? 101 88 -28 -136 P) 8 -9 0 5 19 3 -93 -49 -1,718 25 -fl4 2,189 -1 8 1 -7 -2 -8 -1 -14 197 -1,704 1 0 0 0 220 41 -1 176 P) 0 872 -847 -160 P) 0 0 0 0 Other industries 70 3 -5 -1 -4 1,265 8 -22 -6 P) 14 8 8,322 P) Services 49 0 1 fl( 'l -3 -& fl 4,039 8 P) 0 608 Real estate P) P) -19 3 3 9 P) -30 o 91 a -21 P) -6 0 fl-2 -442 -23 -45 -414 -12 -1 P) P) P) P) 2,220 -8 2. See footnote 2, table 10.3. NOTE.—In this table, unlike in the international transactions accounts, capital inflows are shown without a currentcost adjustment. HO SURVEY OF CURRENT BUSINESS ® August 1994 Table 12.1.—Foreign Direct Investment in the United States: Equity Capital Inflows, 1991 [Millions of dollars; outflows (-)] Manufacturing All industries Petroleum Total Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery Wholesale trade Other manufacturing Banking Retail trade Finance, except banking Insurance Real estate Other industries Services 44,043 46 14,125 1,175 3,140 878 3,870 5,062 5,281 1,556 4,918 4,922 1,911 3,982 5,679 3,192 (D) 519 68 P) 47 90 P) 11 4 231 357 P) 999 P) 208 20,014 76 310 217 418 2,751. -390 0 2,511 0 6 0 P) P) 603 0 0 0 2,990 2,916 9 0 1,376 0 0 58 847 P) 2,912 P) 1,174 0 0 0 0 41 1,680 0 741 0 ^ 760 0 0 0 13 9,780 9 6 5 300 2,426 a 0 0 621 2 7 P) 0 139 1,275 5 0 15 0 P) Liechtenstein Luxembourg Netherlands 3,654 151 864 (D) (D) 2,783 0 0 250 0 0 (D) 1,547 P) 534 2 (D) 1,987 Norway Spain Sweden Switzerland United Kingdom Other 11 386 299 2,064 5,635 48 T0 T 1,029 AH countries Canada Europ© Austria Belgium Denmark Finland France ... . Germany Ireland Italy Latin America and Other Western Hemisphere South and Central America Brazil Mexico Panama . ....... Venezuela Other 263 75 125 40 11 11 Other Western Hemisphere Bahamas Bermuda N°therlands Antilles UK Islands Caribbean Other : (D16 -1 P) T0 0 0 269 0 0 0 p-9 (D0) 1 46 -307 74 8 0 0 n0 n * (D0 3 0 3 0 0 0 71 0 0 0 71 0 -5 P) 11 ^ T0 P) 57 805 2,066 P) 0 1,180 0 P) 285 1 0 <20 1,3S 213 R P) 0 0 1,030 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 274 0 49 P) 0 0 0 0 0 229 59 421 0 0 311 0 0 0 0 0 110 0 229 0 0 0 0 0 0 0 4,052 262 P) 3,612 28 0 4 0 0 140 P) 14 0 4 0 0 0 P) 0 -28 3 17,087 130 -412 (D) 8,582 0 454 0 2,251 0 468 0 2,669 0 Addenda: European Communities (12) 1 2 OPEC * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.1. 2. See footnote 2, table 10.1. p ^ T0 0 184 0 60 0 41 0 0 0 0 0 0 0 0 fl P) 0 0 T 0 0 0 0 0 0 0 . (D0 -8 0 0 0 -8 0 16 . 0 3 3 0 0 0 0 0 . . . 52 71 0 70 1 0 0 0 0 0 0 0 \Q (D) 0 0 0 .. 255 26 0 P) 0 0 0 0 0 0 0 258 139 96 0 4 3 16 Taiwan Other 492 0 0 0 MiddieEast Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other 41 P) 104 64 P) P) 16 11 0 0 0 1 81 120 0 0 0 0 0 0 0 0 0 (D) 11 0 0 3 219 0 P) 0 0 0 Malaysia New Zealand Philippines .rSinaaoore .y " 0 0 47 10 509 3 39 0 32 7 0 0 80 0 80 Japan Korea Republic of 0 103 173 P) 61 0 0 0 0 0 0 0 0 0 ^ (DP) ^ { 1 (D ^ T 0 0 (D 86 ^ 0 222 P)79 1 0 1 9 574 0 T 0 467 0 8{ 'l P)48 0 0 0 0 0 0 0 4 0 4 300 0 300 0 0 0 31 0 31 0 0 0 2 0 2 2 2 0 0 0 0 0 32 32 0 0 0 0 0 0 0 0 0 0 0 0 139 104 P) 0 4 0 0 0 0 0 4 0 0 0 0 0 0 0 77 0 77 0 0 0 0 P) 0 0 0 0 0 0 0 0 0 0 0 2,340 3,738 141 41 3,394 3,007 165 P) 0 0 0 0 0 1,642 25 22 1,555 4 0 12 0 21 2 1 4,244 P) 0 4,105 P) 0 0 0 2 0 P) 87 P) 0 87 0 0 P) 0 0 0 0 1,389 0 664 77 605 P) 1,259 -8 0 0 0 80 0 80 1 -380 T & 2,122T T0 T( l ^ 5 0 n «0 T T 0 788 58 2 1 0 0 0 0 0 0 0 85 TP) T 1 45 0 0 0 P) 454 P) 0 0 0 0 0 0 13 l P) 1,008 972 28 123 62 0 62 ivny i x w n y 0 P)0 ^ ( 1,192 SI ( 23 P) T T (D ^ (D 3 P) 0 478 0 478 0 309 (D 1,656 0 45 0 0 P) 0 P) Africa South Africa Other (D) .8 -81 P) 40 0 R ^ 0 19,071 781 81 16,698 1,161 & P) 0 0 0 0 130 P) 204 176 0 () Asia and Pacific Australia Mono Kono . . 432 0 P) 8 fi1 -302 0 -380 1 76 0 T 8 264 0 135 7 3 3 0 9 P) 11 1,650 4 P) P) P)0 766 -1 -221 320 667 1 D0 R fl0 1,623 3 P) P)0 0 P)0 P)3 0 0 74 0 0 0 0 0 0 0 2,740 0 1,337 0 690 0 0 0 1 13 1,512 a 1,252 40 -2 -3 0 1J 2,005 12 36 1,001 0 0 0 P) 2 0 1,785 54 1,190 3 n n (D ^ 0 -1 R 339 1 (a ^ •1 fl SURVEY OF CURRENT BUSINESS August 1994 » 111 Table 12.2,—Foreign Direct investment in the United States: Equity Capital Inflows, 1992 [Millions of dollars; outflows (-)] Manufacturing Ail industries All countries Canada Europe Austria ... Belgium . Denmark Finland .. France ... Africa South Africa Other Middle East Israel Kuwait Lebanon . . Saudi Arabia United Arab Emirates Other .. . Asia and Pacific Australia Hong Kong Japan Korea Republic of Malaysia New Zealand Philippines Sinqapore Taiwan Other Addenda: European Communities (12) l * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote Liable 10.1. 2. See footnote 2, table 10.1. D Other manufacturing Wholesale trade Retail trade Banking Finance, except banking Insurance Real estate Services Other industries 8,225 323 1,685 794 2,994 2,430 1,995 814 4,071 1,548 1,732 2,153 4,006 (D) 1,053 96 (D) 153 384 P) 43 P) 391 13 -67 323 25 13,745 246 389 126 100 3,367 18 0 4,743 4 196 0 0 1,418 0 () 0 0 fl 313 886 2 0 0 0 -5 1,750 D0 796 P) 0 80 0 223 1,462 234 -14 863 0 -1 0 17 180 774 P) fl 1,983 4 0 -49 994 283 0 0 0 4 D () P) 720 0 0 0 0 3 1,784 0 0 1 0 590 1,164 P) 129 0 -1 133 0 0 4 0 0 380 0 (D) 0 D0 135 1 0 65 0 0 0 40 166 10 0 0 0 P) 46 P) 0 P) P) 193 0 P) 794^ 4 P) 0 0 0 0 (D) 0 0 (D) 49 420 1,637 (D) (*) 0 0 P) 0 152 0 0 P) 40 P) 228 0 (D) (D) 359 408 0 p)0 P) (D) 194 1,282 2,767 73 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U.K. Islands Caribbean Other Machinery 186 Norway . Spain .... Sweden . Switzerland United Kingdom Other .. . Primary and fabricated metals 1,518 2,427 -48 41 7 87 2,669 South and Central America Brazil Mexico Panama Venezuela Other Total Chemicals and allied products 25,466 Germany Ireland ... Italy Liechtenstein Luxembourg Netherlands . Latin America and Other Western Hemisphere Petroleum Food and kindred products 1,615 674 34 509 37 86 7 «0 D0 () T (D) (DD) ( 0) 0 0 0 941 116 153 318 342 12 TD0 47 0 47 0 0 0 196 89 92 0 10 2 3 ( 0) 0 (D ^ 0 8,344 193 109 7,625 201 4 -18 (D) (D) 27 126 122 .11,901 246 18 -3 (D(D) ^0 0 0 0 0 0 0 8 § 0 () P) 497 0 0 0 0 P) 0 0 D0 401 0 0 0 5 P) 176 0 0 0 45 275 467 0 441 P) 71 P) 0 P) 0 P) 280 0 P) 0 10 445 223 -17 55 136 T0 0 0 0 0 0 0 43 6 4 6 22 6 ( p^ (D ^ (D0 0 0 0 0 0 0 0 29 fl 0 0 0 0 0 0 0 0 11 2 1 7 0 2 0 0 0 0 0 0 0 0 0 0 0 0 10 0 0 0 0 10 T7 -17 0 10 0 0 0 0 0 0 P) 68 1 0 P) 0 12 0 5 3 4 0 0 0 0 0 200 0 0 50 149 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (DP) 0 0 0 0 0 0 23 0 23 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 •30 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36 36 0 0 0 0 0 0 0 0 0 0 0 0 2 0 2 0 0 0 0 95 0 84 0 35 35 0 0 0 0 0 D D p) 0 0 D0 () 1 T0 0 T T <eS -3 0 P)0 8 80 1,899 300 -52 1,573 (D) () () 0 0 0 0 0 (37) 358 0 «0 292 (D 8 20 0 -64 (D) 1 0 2 0 0 0 0 4,169 (D) 172 0 1,393 (D) 2 0 1 0 ^ 0 0 0 0 0 0 T0 0 0 0 P) 222 0 618 192 12 403 0 1 0 0 a <iS T ( -90 215 0 P) 0 fl (D P) ^3 0 0 781 T 713 0 0 0 0 0 2 0 P) 1,596 0 787 1 8 fl0 8 -3 0 0 1 D4 311 P) -104 584 P) -34 24 -18 150 72 0 4 5 308 P) 0 § 0 0 0 2 51 393 0 P) 211 ^ a 14 0 -4 2 P) 0 P) 0 0 1 7 2 0 0 0 0 0 0 2,113 -31 102 1,878 P) 3 -2 P) 14 3 96 763 2 455 0 1,207 88 933 £ 116 ^0 0 0 219 T -108 (D0 0 0 108 P) T15 i P) 100 0 P)28 512 571 0 512 0 0 0 0 0 0 0 ^ (D ^ P) T P) (DP) (D ^ «0 0 0 { l 28 (D0 ^0 P) -104 0 70 33 0 (D ^ 1 37 £! 0 3 0 ^ P) P) 1 *32 1,685 2 652 92 1,691 0 0 0 0 0 0 0 781 -52 21 779 1 0 P) 0 814 0 47 0 1,802 P) 23 1,757 1 0 0 0 0 P) 0 H5 735 -290 ( 1 P) 0 0 0 0 0 0 0 s % 0 0 0 1 0 0 690 P) 112 • August 1994 SURVEY OF CURRENT BUSINESS Table 12.3.—Foreign Direct Investment in the United States: Equity Capital Inflows, 1993 [Millions of dollars; outflows (-)] Manufacturing All countries All industries Petroleum 21,696 1,381 Canada 3,599 Europe Austria Belgium Denmark Finland France 9,407 62 99 . . . . 90 745 Total 6,500 791 0 1 3,674 1 P) S32 1,474 0 58 0 2,216 157 -27 3 27 2,099 1 0 0 0 0 Norway Spain Sweden Switzerland . United Kingdom Other -5 141 540 884 2,377 6 0 0 0 0 0 64 664 811 0 2,099 240 392 552 65 217 261 £) South and Central America Brazil Mexico Panama Venezuela Other . . 1,547 16 452 203 842 33 Africa South Africa Other Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other Asia and Pacific Australia Hono Kono Japan Korea Republic of Malaysia New Zealand Philippines Sinaaoore Taiwan Other * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.3. 2. See footnote 2, table 10.3. 0 2- a 183 5 309 291 P) 323 8 . . 0 0 0 0 0 6,261 705 93 4,995 29 145 147 33 45 7,827 68 Machinery Other manufacturing 468 735 404 2,678 2,214 1,664 634 2,676 1,862 2,389 1,819 1,203 239 49 468 34 P) 367 216 P) 348 534 270 -44 0 0 0 1,992 919 0 509 3 0 305 4 0 1 0 1 -65 3 -23 P) 1,478 P) 0 0 0 672 0 1 0 0 0 -102 0 0 1,130 0 4 0 0 68 97 1 0 0 0 0 172 39 0 5 0 3 14 P) 989 1 275 0 0 -1 0 0 0 160 0 0 0 P) 0 0 5 0 0 85 4 0 0 0 0 0 0 0 789 5 0 0 0 1,180 156 0 813 8 2,885 532 0 9 0 0 3 69 0 3 0 0 51 68 0 0 0 0 48 350 0 0 0 0 0 0 0 0 0 0 0 0 0 1 -39 .. .. .. .. j) 21 0 21 0 Addenda: European Union1 OPEC2 387 0 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U K Islands Caribbean Other Primary and fabricated metals 931 Germany Ireland . . . Italy Liechtenstein Luxembourg Netherlands Latin America and Other Western Hemisphere Food and kindred products Chemicals and allied products 0 0 0 0 0 0 0 0 a if] 1 P) 54 1 20 1,093 J) 250 0 135 39 0 0 0 0 Wholesale trade 164 0 0 13 0 3 74 Finance, except banking Banking Retail trade 0 0 8 -213 1,015 0 0 6 P) 0 0 0 23 n 0 0 6 P) 190 0 0 0 P) 229 213 0 236 0 P) 0 0 103 -605 0 P) 253 342 16 0 P) 0 0 72 0 1 69 0 2 R 0 0 0 0 0 0 181 0 P) 36 36 P) 51 151 P) P) 0 0 0 0 0 0 7 7 0 0 0 0 0 0 -7 0 25 0 375 0 163 4 fl 0 141 n 220 202 P) §8 80 0 0 0 0 0 0 40 0 £) 0 0 46 0 46 0 0 0 56 47 0 0 5 0 3 2 0 0 215 0 156 0 0 0 0 0 0 0 0 0 P)0 P) 0 2 0 0 2 40 8 S n n 12 2 0 P) 0 2 P) P)0 P) 171 5 -27 P) 168 0 0 0 0 0 0 0 0 0 0 0 0 0 1 /D\ /D\ 5 177 0 P) 0 0 0 0 0 0 0 Q 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 320 0 0 3 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -48 -8 -2 0 0 1 -39 0 0 0 0 0 0 0 79 112 68 5 0 64 0 0 316 605 919 38 0 0 38 0 0 0 0 0 0 0 2,365 I0) 777 46 P) 0 0 0 0 0 45 45 0 -22 8 550 0 0 514 P) 0 0 0 0 P) P) 0 0 0 0 0 0 488 4 14 469 0 0 0 0 0 0 2 471 0 301 0 259 P) 757 0 923 1 562 22 J) 0 0 n0 100 3 0 0 0 0 0 0 a 268 0 484 0 0 0 0 0 0 0 J3 222 6 -1 0 8 9 0 1,427 -103 0 0 0 0 0 809 0 1,569 0 0 0 112 5 -335 181 1 0 0 0 P) Other industries Services 8 0 2 0 Real estate 279 P) -112 0 _p 44 0 3 25 fl(*) Insurance 2,018 -57 n 0 1 0 0 0 0 (D) 0 8 16 fi 0 P)0 P) P) P) (*) 0 0 0 0 421 169 243 120 0 0 0 0 P) 0 0 ?} 0 4 0 3 1,122 -243 2 n SURVEY OF CURRENT BUSINESS August 1994 • 113 Table 13,1.—Foreign Direct Investment in the United States: Reinvested Earnings, 1991 [Millions of dollars] Manufacturing All countries All industries Petroleum -19,125 -529 Canada -2,762 -684 Europe Austria Belgium Denmark Finland France -9,618 . . . Germany Ireland Italy Liechtenstein Luxembourg Netherlands Norway Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere -190 -293 -22 -265 92 0 P) fl -1,240 -117 -1,319 20 -1 -10 -166 -262 -50 -186 -2,266 -38 24 11 242 Total -835 -1 -238 -4 10 -412 1 9 P) 10 -92 0 P) -330 -5 -40 -425 P) -14 -136 1 0 63 180 (*) 45 -133 -23 -82 -49 -19 P) 4 -17 4 9 -16 n -26 -1 -17 -8 0 0 ( -56 2 -32 2 -1 -38 4 0 0 0 0 0 0 0 Addenda: European Communities (12)1 OPEC2 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.1. D -5,163 -4 -21 -12 -64 -9 -40 -S5 -10 0 -55 0 0 0 0 0 0 0 -2,635 -124 -49 -2,378 -26 (*) -7,405 2 82 59 -2,039 -2 -175 -49 -4,513 -276 -2 -5 -21 -26 12 9 -25 -63 -174 -466 _2 -2 -1 iv/uy .»wny Ja -§ ifl -175 -2 0 -125 -249 -278 1 0 1 Asia and Pacific Australia Mono Kona japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Other n -110 1 3 -4 0 -5 -26 -102 0 -12 0 -12 ^ J 5 -64 -5 0 -49 -164 960 0 ( -7 0 -7 fl fl 8 0 0 334 -13 P) (D0 -869 -22 -297 0 P) -16 -82 -14 0 (D) D ( ) -12 0 P) 0 -1,552 -155 -546 (D) 20 -117 4 -124 25 -18 -3 1 -612 -2,467 -1,577 2 ( -760 -1,519 -6 -4 -5 -28 -332 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U.K. Islands Caribbean Other -82 -50 -7 -6 35 -26 -28 64 -348 1 -18 0 -31 -71 0 Middle East . Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other -1,060 11 1,048 0 49 -2 (D) 89 -7 0 -5 -2 0 0 -3 -1,584 -805 321 0 P) -21 -114 -1,799 -145 -2,965 -6 22 -15 -119 -839 -98 -3 -22 -73 -1 ?! -1,121 -157 103 -215 -117 -3,933 -2,344 -98 -2 -7 0 Africa South Africa Other Finance, except banking -923 (D) -20 Banking 963 194 38 32 113 -3 14 -249 Retail trade -14 -1,383 -1,116 Wholesale trade 385 South and Central America Brazil Mexico Panama Venezuela Other -194 Other manufacturing 626 14 -60 0 1 n Machinery 219 -1,097 -1,622 -72 T 12 Primary and fabricated metals -5,610 -2 -24 -243 -550 294 -2 -553 Food and kindred products Chemicals and allied products -58 P) -39 "o 0 P) 0 (D ^ fl «3 T () D (D) 0 0 0 p l 0 -105 « -5 «5 -2 1 -3 T T P) T0 0 0 0 P) -342 9 -105 ~15 -300 0 0 0 0 p 0 P) 1,266 -1 -282 0 i t Q 254 0 s Hn n •2^0 -1 i 0 0 0 -1 -1 0 8P) n -1 0 -1 -1 0 -1 0 0 -iS 17 31 -5 8 n -29 -4 96 3 P) -5 60 0 -2 0 22 -2 53 1 P) -623 0 -1 -222 0 -18 30 13 -147 -541 -56 -298 P) 0 .a n -375 TPI (D-3 -186 -101 ^ P) n «2 o 16 16 -5 -30 0 -904 -26 -48 -806 -2 0 -1 0 -5 -14 -2 -1,108 n -1,226 -58 -,.18 T -3 0 fi -2,169 -1 -24 fl-6 -fl 73 39 0 1 38 -17 0 34 4 P) -31 80 P) 3r ( n <2 n 18 P) 2 0 0 0 0 8 -154 114 35 -153 -127 -2 -16 1 -78 -1 -3 -73 -1 0 0 0 0 0 0 -40 -119 16 62 -10 -3 21 -5 1 0 -231 -5 -1,245 -27 -702 1 -560 -1 -337 4 P) 0 0 273 134 46 62 -3 -2 31 n n -21 36 ( 2 P) -346 Other industries -3,492 -2,563 -1,362 -948 -21 -210 -943 0 -2 8 D -57 -798 0 -1 -12 -83 P) -32 -33 -498 -3 P) 22 -77 P) -6 n -19 16 1 -64 -29 0 -19 -2 -& -fi ?! -77 -454 -4 -13 42 -339 1 P) 0 -80 -4 -375 -1 P) -544 -584 -176 P) -55 -5 0 3 -44 -13 0 -12 -1 0 0 -571 P) 6 -538 -42 P) -171 3 -15 -77 -81 -2 (D l -1 -1 0 -3 -4 -488 -S 3 -4 2 n § -349 -85 P) 0 0 0 -40 0 -40 1 3 P) P) 0 0 0 0 0 0 0 6 -1 25 -7 -7 -1 -5 -45 P) pP) ^ q 30 T «31 Services n **$ -3 •2 $ 116 fl Real estate 1 -22 -5 -98 -4 -120 -69 2 0 8 -5 -242 -2 5 -25 11 142 0 n -5 ( i 9 i <2 n n 'l -18 Insurance 4 <30 -755 -46 -27 -596 P) n J 9 fln 0 -988 27 -17 -982 P) 0 1 -3 P) '? p i 67 -1 -1,101 14 -970 -7 n -1 P) -2 P) -19 -4 -106 P) 0 n n n0 p) -705 -29 2. See footnote 2, table 10.1. NOTE.—In this table, unlike in the international transactions accounts, reinvested earnings are shown without a current-cost adjustment. SURVEY OF CURRENT BUSINESS August 1994 Table 13.2.—Foreign Direct Investment in the United States: Reinvested Earnings, 1992 [Millions of dollars] Manufacturing All industries All countries . Canada .. Europe ... Austria Belgium Denmark Finland France Germany Ireland Italy .... Liechtenstein Luxembourg Netherlands . Norway Spain .. Sweden Switzerland United Kingdom Other .. Latin America and Other Western Hemisphere * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.1. Other manufacturing Wholesale trade Finance, except banking Banking Retail trade Insurance Real estate Services Other industries 669 -1,119 120 1,895 -810 -1,362 -962 -960 -320 -2,240 -354 -2,716 -2,069 -746 385 134 17 -92 196 131 -144 126 -245 -135 1 -226 21 -72 -3,704 -137 327 -77 -175 -1,185 945 0 -737 101 0 2,015 -223 -1,030 -1,600 -593 -156 -517 -199 -397 -1,149 -698 -203 P) -3 0 -1 -2 0 -1 -10 -1 -245 -14 -1,050 -10 -2 -2 8 -29 -8 236 0 -17 -1 -10 s -1 -6 7 -11 -78 -580 0 P) P) -31 6 317 2 -6 -2 -14 1 -45 P) -5 -32 -321 -26 -10 P) -523 -490 -317 -5 -13 0 P) 220 -141 -2 -6 -22 3 -19 -39 -22 -10 -4 -8 111 -8 13 571 P)50 0 0 461 6 0 -10 -8 21 -20 10 -24 -32 -64 524 7 1 -71 149 7 6 0 27 347 2 0 2 8 1,009 -145 -78 1 0 6 5 186 0 -826 50 147 -52 25 -158 o -5 -20 n0 27 -466 -71 -12 -153 -17 62 -245 -185 -270 -875 37 283 -881 -306 Addenda: European Communities (12) l OPEC2 Machinery -153 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U.K. Islands, Caribbean Other Asia and Pacific Australia Hong Kong Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Other Primary and fabricated metals -443 48 41 -87 71 28 -5 Middle East Israel . Kuwait Lebanon Saudi Arabia United Arab Emirates Other . Total Food and kindred products -10,086 South and Central America Brazil Mexico Panama Venezuela Other Africa South Africa Other. Petroleum Chemicals and allied products -1 -2 377 /D\ -700 -1 -365 n n0 -1 3 -3 0 0 306 -1 -52 P) P) 0 26 P) (*) -2 -48 0 -89 -3 -86 P) 0 -27 0 -27 -182 P) 3 3 -1 -8 -71 -18 -7 -87 10 -10 P) P) o 25 3 -10 o 4 0 P) 0 0 -134 n (*) (*) (*) H -4,841 -252 -105 -34 -889 -158 -91 0 -71 0 -4 -3,954 -295 -11 -52 -11 -49 -11 0 0 0 0 -115 o o -2830 -115 970 -55 -540 -127 (*) -23 -2 -9 -6 -21 -567 -4 0 -2 (!) P) -246 8 P) -1 -2 -101 -398 -84 -1 -11 a -34 -27 34 -209 -56 P) -3 -3 1 -5 13 0 -3 0 -4 -79 -71 P) -8 1 -14 -37 P) -5 3 -356 -36 -312 -12 1 -62 -18 0 -2 -1 96 n 71 -104 -111 -196 -258 0 43 -47 170 0 -543 -29 -1 P) P) 124 50 -3 -1 1 -6 0 15 -219 3 P) 0 0 247 -12 P) -88 P) -1 -45 -14 -346 n -1 p) -71 n -356 2 n -13 79 -23 -215 -6 0 -26 -6 0 -92 0 P) P) -34 354 P) -157 19 29 P) -553 -386 -141 P) 0 0 P) -1 0 P) 0 0 P) 0 P) -21 -4 P) 1 -5 -4 -1 P) -6 0 5 30 -50 -5 11 19 42 0 1 41 £) -57 P) -43 -1 -23 -19 0 0 n n P) 0 -6 0 -6 -1 0 0 -8 (*) —3 -6 P) P) 18 0 -43 -14 ( 396 -1 -40 14 -13 -6 0 -1 35 -14 0 -2 -12 -2 P) —23 0 -34 -7 -96 -58 0 7 8 -30 -1 -3 -1 0 -4 P) D 0 n0 n P)(!)0 n -1 2 P) 0 n0 n P) DO P) 0 P) 0 0 0 -1 0 -1 P) 0 0 0 0 0 0 0 0 D0 3 3 0 -1 -5 -5 0 0 (*) 0 -63 -123 4 -363 -78 -496 P) 151 0 a n -30 P) 0 (!) P) o 21 -2 n -8 ( ) -S-2 -12 -112 fl-8 n -46 n 90 2 0 -231 0 0 0 (*) o -1 -138 0 0 0 0 0 11 1,628 -1 0 0 0 0 4 -166 -120 0 1 0 0 -1 -3 -184 0 o n n Q 0 -1 0 0 0 n (!) n0 0 0 0 156 -16 -124 P) n -6 0 0 -152 0 2 n p)6 P) n0 0 n P) 0 P) P) -92 n0 p)1 -8 0 -8 -5 -3 -2 n0 -13 -1 7 -7 -7 -1 -5 -1 P) 0 0 0 -13 P) P) 0 -1 P) -2 -757 -19 -997 -59 -312 48 -27 -32 -22 (*) -654 -887 -2 P) P) 1 o n0 1 -3 -1 -41 (*) -10 -251 -144 -1,021 1 -1 -3 (*) 24 P) P) o (*) Q -2 n -72 44 P) -2 -44 -126 -110 -1,096 -111 -2 -95 2 -45 0 -1 0 -2 0 2 0 0 -9 -4 P) 0 -9 P) -2 0 1 -1 -17 -1 -1 11 P) 0 0 -8 -1 9 -72 -1,439 -462 -4 -248 P) -193 -31 -133 2 -15 -18 8 n fl -369 0 0 0 18 -723 -379 P) -53 P) 0 o o -496 -1 -21 -363 -30 P) 2 194 -5 -384 -1 n -5 -46 -2 -4 -126 -94 -18 -1,392 -121 -9 o -119 0 1 0 2 2 0 0 0 0 0 8n n -18 (!) P) -2 n0 1 -4 P) -756 P) -337 -3 0 P) n n n -159 P) 2. See footnote 2, table 10.1. NOTE.—In this table, unlike in the international transactions accounts, reinvested earnings are shown without a current-cost adjustment. August 1994 • 115 SURVEY OF CURRENT BUSINESS Table 13.3.—Foreign Direct Investment in the United States: Reinvested Earnings, 1993 [Millions of dollars] Manufacturing All industries All countries Canada Europe Austria Belgium Denmark Finland France -1,905 -26 -670 -932 87 0 -204 -385 SPn) -624 -197 -217 % -55 -41 -747 -44 77 -280 1,105 1,381 ^9 Latin America and Other Western Hemisphere South and Central America Brazil . . Mexico Panama Venezuela Other . . Other Western Hemisphere Bahamas . Bermuda Netherlands Antilles UK Islands Caribbean . Other Africa South Africa Other 204 -1,026 -2 Norway Spain Sweden Switzerland United Kingdom Other . . . . . Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other Asia and Pacific Australia Hong Kong japan Korea, Republic of Malaysia New Zealand Philippines Singapore . . Taiwan Other Addenda: European Union l OPEC2 * Less than $500,000 (±) Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.3. D Total -8,131 -121 -529 Germany Ireland Italy . Liechtenstein Luxembourg Netherlands . Petroleum -5 12 182 1 0 8 435 (D) Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery Other manufacturing 20 2,798 -1,040 -2,871 -812 -394 1,073 -2 10 -4 -90 -26 480 0 55 -82 -64 -2 -14 -10 (D) -10 n 4 -6 33 n1 -626 -96 -25 -16 -23 736 1,244 2 ( i () D 107 5 -40 -216 -198 2,897 0 (D) -174 -1,827 r'i 224 620 n1 -90 0 -11 0 0 265 -18 -12 6 0 23 771 941 n -1,263 116 -697 4 (D) -82 44 -58 18 -469 5 0 7 -2 0 0 (D) 0 0 -115 36 11 -1,181 30 -285 -556 -389 p n ^ "o 98 3 R 0 18 -61 -2 -59 -7 -2 16 -6 17 -19 -13 -4,842 -85 7 -4,419 ( 1 P) p (D^ T^ 0 -5 n0 -9 -26 -5 -67 -7 4 -5 0 0 0 0 0 0 0 -1,302 6 45 22 -235 -2 -51 -416 n n -228 fl30 (D) -1 0 (D) -2 (D) 0 -27 0 -27 n0 n 106 (D) 0 0 0 0 0 0 0 aR -1,594 4 -26 -1,431 -83 -70 -23 (D) -51 2 «J -2 8 -2 -38 -24 7 30 478 -4 23 0 3 1 $0 (D) 0 (D) D 0 0 0 n0 0 -70 6 n -68 -1 0 0 0 0 -7 n -3 1 8 -2 -43 33 -4 -48 0 n 6 T 5 -2 n 3 -10 60 9 310 -3 -8 -5 -63 88 101 -26 -13 (D) P) D () n P) -17 0 0 -4 P) -157 fl •)•) ( D2 (> 8 1 n p 0 ( 0) 0 0 0 (*) 0 0 n0 -285 -25 (D) -199 -80 n 8 -12 3 P) -9 50 l0 { r! -3 -6 162 n(^ i n (D) 0 (D) ( -S -8 -2 i 1 P) -14 -3 -229 -77 8 -301 -258 -123 -495 () (D0) -72 -206 (D) -2 D -435 -128 -154 fl 50 -4 (D) -346 P) -167 -656 (D) -5 17 -303 Retail trade -149 -14 -14 n 179 Wholesale trade 0 0 11 D fl -844 17 -35 -796 -2 0 n0 n 0 0 -1 (D) -16 -11 -2 2,079 -1 -133 0 -1,137 -2 0 0 -325 29 3 -318 -2 0 -2 0 P) P) -355 -1 12 -37 -121 n a -5 -5 n •30 -179 -1 -10 1 -2 13 -6 n 30 n -809 P) -608 0 P) -34 91 -37 -99 619 P) -72 10 -4 165 n 373 -160 -5 -39 -23 -6 2 -152 n P) 118 45 12 11 27 24 64 0 1 63 n (D ^ 26 0 2 -4 -83 -19 0 0 0 14 n n 33 -53 -56 5 0 5 -1 -6 10 -1 -4 0 0 0 0 -65 P) n 1] 28 (D) 0 P) n2 -39 -8 -405 145 -8 0 -8 -80 -1 -5 -75 -273 P) 1 0 0 -78 -3 -259 n0 n 8( '0l «3 n -4 0 1 -13 P) 3 -174 56 -20 0 -12 289 n 287 7 41 153 5 -1 -491 T n -288 -2,854 15 fl -51 -1,429 115 430 -36 13 -16 -22 -8 -2 -132 Services 444 -1 103 P) 14 162 -18 -138 Real estate 242 0 -4 -2 -58 0 Insurance -323 -18 101 -90 1 -109 Finance, except banking -1,176 68 0 -3 0 -4 -68 0 a Banking n 12 -1,555 -144 15 -1,243 122 -2 39 10 P) 717 -7 f) 0 n0 n 311 8 2 297 P) 0 1 0 10 1 -391 P) 0 -1 -2 0 n (D ^ P)0 0 0 0 16 4 •3n 0 2 1 -1 0 1 -463 n -75 -170 -1 -504 60 -559 0 1 2 P) -353 -17 -8 -18 -5 n -59 -1 n -13 88 -150 P) -212 1 0 1 -55 n -5 -45 -1 -4 n 0 -213 Other industries -749 -49 -94 -1 -4 P) -5 -9 -32 0 -14 -1 -9 -77 P) 3 -6 -15 96 -5 -94 -7 n -6 3 1 P) -87 5 3 P) -28 P) n P) 0 P) -9 -2 -7 -8 80 0 -30 (D) -6 0 0 fl-2 -448 -2 -20 -325 -14 4 10 -7 -6 -1 -5 13 n -74 fl -1,028 -14 -15 -721 -937 -733 -8n -41 2 -10 -688 3 41 -4 -16 -6 ( 'l1 -4 0 -602 -4 -473 10 -3 -453 p l P) n n -6 -3 -44 -17 2. See footnote 2, table 10.3. NOTE.—In this table, unlike in the international transactions accounts, reinvested earnings are shown without a current-cost adjustment. SURVEY OF CURRENT BUSINESS 116 • August 1994 Table 14.1.—Foreign Direct Investment in the United States: Intercompany Debt Inflows, 1991 [Millions of dollars; outflows (-)] Manufacturing All countries Canada Europe Austria Belgium Denmark Finland France . . . . . All industries Petroleum 2,328 -2,217 241 2,566 2,703 -1,895 360 -225 -321 -10 920 (D) 163 P) -1,013 (D) -10 -1 (D) 14 -15 -78 a -18 2,659 0 2,935 0 13 1,837 P) 221 0 0 0 0 -47 (D) 79 -6 13 0 P) 5 228 39 -257 -111 118 (D) 2 110 -250 -82 8 -1 -29 -1 -59 403 -38 258 53 -372 8 (D) -80 -11 (D) -1,611 -198 fl 8 (D) (D) -11 -1 30 8 ( 1 364 394 -207 -51 (D) 11 327 8 -61 13 (D) -14 (D) -189 (D) 0 (D) (D) -256 24 -7 -265 0 () 0 D -258 -2 (D) (D) -282 (D) % 8 (D ( ^) D -121 370 -765 833 5 -17 -157 143 -«84 -807 (D) 94 -11 1 4 (D) 1 1,254 -71 -1,730 (D) ( 1 P) (°) o -75 15 359 326 -3,052 1,870 330 392 506 125 0 (°) -208 -68 -84 OS 3 8 () a -,a -18 -3 -5 % (D) -405 D -168 -105 -938 -1,121 (D) -113 -510 * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.1. 2. See footnote 2, table 10.1. 2,404 172 0 31 (D) 214 (D) -12 239 576 European Communities (12) 1 OPEC2 -507 -1,001 8 -105 . . 515 -*• Norway Spain Sweden Switzerland United Kingdom Other Asia and Pacific Australia . Hong Kong Japan Korea Republic of Malaysia New Zealand Philippines Singapore Taiwan Other 400 D 2,170 479 Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other -1,028 () -802 Africa .. South Africa Other -123 7 -476 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U.K. Islands, Caribbean Other Wholesale trade 231 —6 , Other manufacturing () D 401 125 3,505 . Machinery 889 Germany Ireland Italy Liechtenstein Luxembourg Netherlands South and Central America Brazil Mexico Panama Venezuela Other -743 Primary and fabricated metals 41 -545 Latin America and Other Western Hemisphere Total Food and kindred products Chemicals and allied products 10 -2 13 0 0 n a4 16 -11 0 0 0 0 0 0 0 0 0 0 0 -317 B 80 (DD) () -15 56 (D) 0 -5 1,776 (D) 33 -2 (D) -70 0 -91 -1,514 24 (D) 197 16 647 fi PI % 0 (D) (D) -33 () 527 -696 6 (D) p,; a 9 216 -16 -34 1 -3 (D) n 8 13 (D) 161 -33 -8 3 () -1 (D) -12 D ^ 3n 3n "o a 3 a 0 10 a 0 0 0 D0 3 ( 0) -£( ) D p) -20 (D) 0 -1 0 (D) () 30 108 71 -22 11 (D) -8 (D) -3 -1 145 n 3 pi -16 (D) 1,338 -(3 (D -221 0 0 n 3 n -93 58 -14 49 (D) 248 -3 1 ^ 462 9 -6 (D) 239 100 10 -386 (D) 88 (D) -27 -1 (D) 11 29 -12 -8 (D) (D) 32 -38 -15 -35 (D-3 ^0 0 (D) -150 a 160 158 0 0 3 -1 0 1,686 H 359 -461 (D) -768 n 0 0 0 0 -13 27 (D) -71 1,654 8 877 6 () -1,075 803 3 349 1 0 P) 0 1 (D) 0 -1 (D) 250 j) 0 (D l (D) 0 0 0 276 276 0 D0 () ,e 30 (D) 0 -10 D (D) () -10 0 0 0 0 0 0 (D) p'! (D) 30 0 0 0 -597 110 109 -947 310 n n0 P) 114 (D-1 0 -11 ^ -200 P) 8n P) -2 -14 -21 -478 P) P, -2,804 P) 197 19 P) 51 P) R ?! 0 0 0 3 0 3 -1 -1 0 0 0 0 0 0 0 0 125 0 125 0 0 0 0 -22 4 i 155 6 2 2 0 ( <3 0 0 -26 n $ -2,798 -83 ( P) -83 -159 1,846 344 -S3 72 -573 -17 5 2,364 0 -65 0 0 3 245 -153 P) P) 163 1 -124 2 0 2,363 Other industries Services Real estate D a •5 3 5 -16 n -713D Insurance -aPI & pi P) (D ^ P) nl 3 3 3 (D ( l p l p] l n 0 303 513 0 0 i (*) i p(ll 4 () a -25 -1 P) 30 3 0 0 0 1 -244 0 0 0 0 0 0 0 0 a 11 (D) 72 P) 16 8 n n n 0 D0 -177 276 4 1 3 3 960 -15 P) (D) n 162 P) D Finance, except banking Banking Retail trade p l 3 p)( S 14 0 «30 8 0 14 0 -2,324 19 7 -2,352 154 33 a 92 1 23 50 P) 0 P) -1 0 n 0 1 3 0 an 30 P) 0 p) -1,034 (D) 14 0 149 (D) 2,265 0 69 125 2,958 P) -1 -1 fl 1 1 a -538 15 August 1994 • llj SURVEY OF CURRENT BUSINESS Table 14.2.—Foreign Direct Investment in the United States: Intercompany Debt Inflows, 1992 [Millions of dollars; outflows (-)] Manufacturing All industries Petroleum Total -3,929 -2,052 Canada -1,798 (D) -79 Europe Austria Belgium Denmark Finland France -4,018 -1,745 -1,491 4 All countries . -124 316 80 -35 -1,752 Germany Ireland Italy . Liechtenstein Luxembourg Netherlands . 827 450 83 25 87 390 Norway Spain Sweden Switzerland United Kingdom Other P! 1,607 -274 -5,960 75 Latin America and Other Western Hemisphere South and Central America Brazil Mexico Panama Venezuela Other 103 -47 46 232 -157 29 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U.K. Islands Caribbean Other Africa South Africa Other Middle East Israel Kuwait Lebanon . Saudi Arabia United Arab Emirates Other 719 420 -375 1,241 163 -730 11 H . . . . Other . 11 31 -39 -64 0 117 13 4 . Asia and Pacific Australia Hong Kong japan Korea Republic of Malaysia New Zealand Philippines Singapore Taiwan 822 . ... . .. Addenda: European Communities (12) J OPEC2 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.1. 2. See footnote 2, table 10.1. D 8 fl( ) D 32 154 957 3 D (-9) (D) (D) D 55 -989 1 57 181 P) 29 P) -S ,'S 30 147 20 -5 145 () 8 -57 4 46 P) 20 0 20 115 0 3 110 -5 (D) P) 3 1 % -174 $ 3 8 «3 -415 -239 30 0 0 0 0 0 0 0 0 0 0 41 358 -2 -1,628 P) 8 0 P) Wholesale trade Retail trade -928 -1,704 479 912 -42 P) 100 -1,674 -5 -48 63 176 5 31 -44 -184 -18 1 2 15 P) 15 165 97 P) -126 74 585 P) 3 P) 3 P) P) 108 3 108 586 P) 0 fl P) P) P) -11 -3 -8 3 a 0 0 0 0 0 -200 -2 <3 0 0 0 ( 3 30 -30 -51 a % l In p 11 -18 P) 1,193 2 -1,414 P) 3 n 0 0 -5 0 -223 -3 ( 2 99 6 -9 3 -1 -656 a I fl 56 P) 30 P) -132 0 P) -2 Pi0 0 0 0 0 -174 15 -3 P) 0 P) n 1,082 P) — 2o 21 8 a -1,228 -2 44 2 -655 2 8 108 175 32 s11 3 P) -207 18 -1,312 728 -1,138 -1,680 344 16 291 0 343 0 0 0 0 0 0 0 0 13 3 -429 P) B ^ n ( 2 fl 3 n0 690 120 -2 60 JS 234 0 1,211 a 0 0 0 0 <?! ( 58 P) -36 0 2 P) n0 78 0 P) 59 11 -10 •36 0 1,070 -18 -67 P) 11 JJ 1 P) 129 P) fl -4 167 1 -7 0 Pi fl67 -1,8(0] JSp) -227 -36 n 8 1 0 P) -123 11n P) p) 50 131 P) 0 P) 0 0 0 0 0 0 P) P) 0 0 0 0 0 0 0 -81 0 -90 0 P!P) 3 P) 30 13 0 0 0 0 13 0 26 1 1 9 64 4 5 50 -5 0 P) 0 P) 44 P) P) 44 0 0 0 0 P) 320 365 81 -185 ^ ID\ %0 0 0 28 P) 28 1 Pi 66 0 -974 11 -191 (Dn 32 ^ 0 32 -89 30 0 59 62 -35 0 0 -35 -249 -1 0 0 -1 0 0 0 P) a p) i2 0 10 50 3 (DI 1 -8 -19 0 -28 P) 0 0 3 30 T 0 P) n n 460 3 P) PI 0 8 -533 (D-5 P] P) -1,330 Pi 4Z P) 18 54 -172 8 2 -1 -4 3 0 0 0 Other industries Services 214 311 -103 -34 -18 -13 P) -2 P) P) p) o -3 0 P) -44 Real estate 566 67 W Insurance -12 3 3 50 3 Finance, except banking -69 3 n -83 7 P) 194 11 366 P) -5 -820 Banking -26 79 -4 26 -178 -306 -615 P) 10 252 50 -5 241 1 14 n P) P) P)10 Other manufacturing 640 0 P) 771 P) 0 -14 -3 11 -85 P) -1,959 -53 n 8 a -1 P) -247 3 128 30 -SP) -An J3n 787 D -15 Machinery -340 3 -4 0 94 P) P) -2 -156 -227 -283 P) 18 Primary and fabricated metals a <°) § -an a -<S 3 a 3 a a a a fl P) -132 -5,420 -64 -350 P) 135 -7 -150 Pi fl 77 138 -1,492 P) 1,155 () -239 -13 29 5 -993 -523 1,025 484 514 168 28 30 -647 Food and kindred products Chemicals and allied products -950 P) -81 n 7 310 -74 1 fl 0 -182 -64 1 8 P) -979 5 % Pi -2 1 P) P) 44 13 II8 ® August 1994 SURVEY OF CURRENT BUSINESS Table 14.3.—Foreign Direct Investment in the United States: Intercompany Debt Inflows, 1993 [Millions of dollars; outflows (-)] Manufacturing All industries Petroleum Food and kindred products Total Chemicals and allied products Primary and fabricated metals Machinery Wholesale trade Other manufacturing Finance, except banking Banking Retail trade Insurance Real estate Other industries Services 9,065 -2,228 2,743 -358 428 560 1,527 585 -235 459 2,294 5,996 520 238 Canada ... 211 (D) 153 -33 -23 -27 136 99 -121 P) n 310 P) 283 Europe ... Austria Belgium Denmark Finland France 11,115 2,606 -469 465 610 944 6 -25 -11 15 114 1,056 12 74 -19 323 -211 180 1 1,807 150 7,094 -121 97 0 0 0 -782 P) -49 0 -87 139 106 P) P) -2 -61 316 51 (D) -1 20 611 41 -77 3 4 0 2 1,328 All countries . Germany Ireland Italy .... Liechtenstein Luxembourg Netherlands Norway Spain .. Sweden Switzerland United Kingdom Other .. Latin America and Other Western Hemisphere South and Central America Brazil Mexico Panama Venezuela Other Other Western Hemisphere Bahamas Bermuda Netherlands Antilles UK Islands Caribbean Other Africa South Africa Other Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other Asia and Pacific Australia Hong Kong Japan Korea, Republic of Malaysia New Zealand . Philippines Singapore Taiwan Other Addenda: European Union 1 OPEC2 * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. 1. See footnote Liable 10.3. 2. See footnote 2, table 10.3. -707 81 336 —669 187 3,161 0 507 5,239 592 9 (D) -231 964 -3 -175 1,167 -65 -1,145 310 -871 2,746 84 -966 -1,862 39 -256 -735 R 896 -1,640 79 -1,027 3,395 88 107 16 92 -14 142 (D) 0 (D) 27 44 -1,387 ? R( ) D -3 (D) A (D) -9 -1,409 D () 11 -2 -545 -914 (D) (D(D) ^ -156 30 4 ( ) D 70 127 142 11,403 -1,049 7 0 0 0 6 -1 n -999 -1,058 j) P) -67 P) 1,000 3 1 0 R R -373 (D) 828 -18 -1,015 (D) -833 D ( ) 14 (D) R 3 5 16 R a( ) D D (30) -2 -2 951 -15 75 741 -23 (D) ?! R «B R( ) D -1 -47 189 (D) -148 -1,022 R -67 (D) 423 T 52 -728 1,383 -26 23 -3 P) 617 -18 ~P) -46 (D) -155 177 28 18 (D) -32 51 57 (D) 130 n3 s -fi R 155 -255 471 n -197 (D) -10 (D) -152 3 (D) 8 D ( 0) T 2 91 -83 2 P) D () 192 n p) -29 -1 -31 1 3 T -S 2 0 0 0 0 12 11 1 0 0 0 0 0 0 0 D () T0 -1 -2 -2 (D) 3 (D) 20 -16 P) 3 -268 43 P) S 580 1 P) 0 P) 0 P) 9 45 0 5 96 R J P) 0 2 P) P) 0 P) P) -84 0 P) -1 -1 5 P) -305 (•=0 T P) 0 26 4,900 P) 71 -27 0 P) 20 2,071 14 2 1 1 0 0 0 16 8 -58 30 2 0 0 (DD) R fl () n n 8 7 0 P) T0 0 0 0 0 -3 P) -45 80 P) 14 P) 10 -7 i -137 P) -85 0 -85 0 0 0 8 T fl (D0 0 ^0 -40 R 26 800 3 980 (D) 915 R -383 -3 -28 «0 0 0 0 0 0 209 0 (*) 0 P) 0 84 23 P) 0 0 P) P) 149 50 T -15 0 -19 P) 0 P) P) 43 0 R -<3 -2 26 2,128 P) 32 33 P) 0 P) R 4 0 P) P) P) 0 -2 0 21 n P) T 206 22 R 133 P) -13 P) 1 R0 296 P) 39 P) -18 -2 P) 30 R R P) 430 (D) 51 325 -3 (D) 0 (*) -41 1 33 I 774 0 132 0 0 12 212 P) P) R n0 0 -25 P) (D) -190 80 P) 2,175 -731 P) 3 P) P) 0 0 0 82 2 -32 « 3 27 -29 D 2 3 R n0 -371 0 0 P) P)0 q p, 5 3 3 «3 R 3 23 67 R 38 -129 -1 148 -241 (D) -69 -11 1 17 1,152 20 0 ( ) 27 (D) 57 -1 -1 6 -19 0 3 206 234 R -854 R R 8 D ( -399 7 -774 383 P) 129 111 0 0 T46 P) 1,145 P) 4,045 1 0 0 (*) -3,401 % -2,602 0 -1 0 0 P) -5 -8 7,957 -4 T 0 0 0 159 -9 -1 168 P) 0 P) -136 32 0 0 32 <3 -169 10 $ -158 P) P) ^ T »0 0 0 0 22 -38 -6 40 0 1 n0 5 -949 P) -495 P) R ( °4 'I -2 P) -425 12 9 -1 10 52 -1,068 1,153 1 1 R -70 3 -21 P) P) -15 8 3 % 1 2 R R 115 14 P) P) 0 (D "90 P)0 401 -138 -S 354 P) -42 -80 P) 37 1 P) 0 l 0 0 0 (D 24 2 -1 n 23 n 0 P) 23 7 P) 136 H 34 -74 -873 27 1,142 9 R^ SURVEY OF CURRENT BUSINESS August 1994 Table 15.1.—Foreign Direct Investment in the United States: income, 1991 [Millions of dollars] Manufacturing Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery Other manufacturing 1,477 3,909 -561 -1,655 -1,404 49 -1,467 -199 -988 1,036 111 -43 -98 -794 169 108 -9 -789 -18 15 -443 188 -2 1 -29 4 -64 -383 -1,239 -139 -1,206 -1 -296 0 P) -189 797 -362 -393 -3 0 -1 -5 -31 '0 -2 14 1 44 P) -11 11 P) -22 91 0 -2 88 _•< 57 5 0 -19 1 P) -594 -30 -27 -48 27 -73 P) -133 261 -328 4 P) 0 0 559 -56 P) -1 0 P) -65 -169 P) -3 -6 -4 4 -188 -2 P) -116 0 -1 -17 34 13 -60 -2 9 1 35 465 0 -3 P) 4 -48 P) P) 0 -76 1 All industries Petroleum -2,347 1,356 1,766 -1,208 -219 428 P) P) -87 2,071 -152 -79 -13 -81 -486 1,169 0 3,532 -5 39 -16 -70 -171 1,063 0 P) 1 P) 58 3,835 0 57 -4 P) 302 -49 2 -17 0 9 47 -874 -6 -3 -5 -23 -236 Germany Ireland ... Italy Liechtenstein Luxembourg Netherlands . -852 -174 -259 -45 -123 874 44 -1 -10 2 13 P) -288 -3 -39 8 175 157 P) P) 0 -7 848 -80 0 P) fl34 n 312 -564 5 -224 -3 13 960 -4 109 -3 P) -206 Norway .. Spain ..... Sweden . Switzerland United Kingdom Other ..... -40 36 -364 99 3,789 -60 P) 0 11 15 777 4 11 -20 11 378 3,189 -2 D 1 0 206 601 C) 8 4 93 521 2,029 0 -4 0 -1 -22 -50 0 -2 0 -67 9 -25 -13 -181 -126 -145 -248 P) 231 -6 145 South and Central America Brazil . Mexico Panama Venezuela Other . 416 50 38 292 10 25 55 -3 0 10 -3 -22 35 -1 -7 (*) —5 -2 0 0 P) g Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U.K. Islands, Caribbean Other. -664 66 -177 -203 -359 8 P) 0 -13 P) (D) -3 -127 1 0 P) P) -11 0 0 P) 0 -116 -3 -113 -7 0 -7 -12 0 -12 1 p)o P) -34 -60 32 -6 48 -26 -23 P) 0 P) j) -1 -2,811 -193 -18 -2,339 -208 -4 -18 -9 -4 -6 -12 49 95 0 -46 0 0 0 0 0 0 0 2,661 74 1,183 85 All countries Canada Europe Austria ... Belgium . Denmark Finland .. France ... _ Latin America and Other Western Hemisphere Africa South Africa Other Middle East Israel Kuwait ... Lebanon Saudi Arabia United Arab Emirates Other Asia and Pacific Australia Hong Kong Japan .... Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan .. Other Addenda: European Communities (12) * OPEC2 . * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.1. D p)(!) -104 a Total 0 (*) P)4 221 3 o 0 367 -18 -3 (*) -1 (!) P) n P) "2-98 -42 -2,199 -25 0 -4 -2 -2 -21 -20 3,211 -2 0 1 0 -i H P) p) P) o p) P)0 p) P) (*) -51 0 0 0 0 P) -1 n -294 9 1 -278 P) 0 0 0 0 -1 P) 3,213 -1 -33 0 n P) p)3 852 0 0 0 0 0 -4 -213 159 19 -21 1 8 -17 P) P) P) o •\ 172 57 68 o 8 -2 (D p) p)0 266 1 P) P) P) 0 -12 3 11 -33 5 2 0 0 0 -1 -29 n n0 n -1 0 0 0 n -5 0 0 0 (*) 0 0 0 -869 -26 -1,160 -57 1 -1,069 P) 0 -3 0 0 0 -1 1 -3 0 -47 -774 -1 0 -1 0 -5 -14 -2 -594 0 0 -1 -1 0 ( ) p) -227 -1 D () -33 -22 -1 -17 0 -fi -49 -19 P) n p)2 n -368 P) -3 13 48 -518 P) P) £) -4 0 -4 127 3 P) 2 Finance, except banking -159 0 244 n <ri n Banking Retail trade —139 3 -114 -3 -23 a -2 P) -186 -129 P) 3 -26 1 (*) n 81 273 -5 0 o -356 734 -2 p)0 Q -343 n 0 0 0 0 0 0 0 0 -1 P) -8 -62 Wholesale trade -1 -124 -101 P) Insurance H00 P) -3 Other industries Real estate Services -1,901 -1,322 n n -676 0 -18 17 1 -45 -4 -3 61 127 1 P) -375 -406 -151 39 0 1 38 0 P) -49 (*) —5 -14 0 -13 -2 -1 -1 n -1 -39 -2 -4 3 -13 0 1 P) P) 0 -20 66 P) -15 -57 P) 0 -326 n D -1 P) -20 P) -215 -359 -70 P) -42 P) 4 -15 -67 -69 -2 42 D° 0 -128 -3 n n -392 6 -123 -1 H (*) -149 n 0 o n 0 0 (*) (*) o -30 0 0 0 -40 0 -40 P) 0 P) P) -3 P) -3 -2 -5 -108 -63 2 0 P) 18 P) 2 0 -44 P) P) 0 _^ -16 P) P) 44 -1 63 -7 -6 -1 -5 P) D -1 0 D n 0 0 0 0 0 0 0 0 P) -2 25 114 51 19 -140 -2 -16 -1 -1 P) -72 -1 820 -101 20 811 55 -3 72 P) 2 295 P) 0 an -379 -41 -841 20 P) -18 -25 -17 30 -274 -826 (*) P) P) 0 -3 0 1 P) 0 -4 -82 P) 0 2 H -3 -67 -1 0 0 0 0 0 0 296 -2 -9 -5 n n0 0 n n o n0 -6 6 25 13 15 1 0 -1,053 -21 -999 2 0 5 (*) 0 0 n n -23 -2 1 -3 P) 715 -1 -283 53 -92 -7 n n0 p) -309 -28 2. See footnote 2, table 10.1. NOTE.—In this table, unlike in the international transactions accounts, income is shown net of withholding taxes and without a current-cost adjustment. 12O • August 1994 SURVEY OF CURRENT BUSINESS Table 15.2.—Foreign Direct Investment in the United States: Income, 1992 [Millions of dollars] Manufacturing All countries Canada Europe Austria Belgium Dsnmark Finland France All industries Petroleum 3,566 1,370 659 -49 5,389 -98 358/ -46 -49 -580 1,314 0 (D) 5 Germany Ireland Italy Liechtenstein Luxembourg Netherlands -585 84 -467 -67 7 2,149 18 2 (D) -1 _2 448 Norway Spain Sweden Switzerland United Kingdom Other 9 92 -123 680 4,079 -55 1 0 6 6 469 3 Food and kindred products Chemicals and allied products 4,398 833 3,854 525 173 17 -61 4,044 743 0 3,805 17 2 -13 1 -27 37 -435 -6 (D) 11 -29 -235 -86 -2 -25 -9 (D) -505 15 0 1 -8 33 31 -442 -4 -13 -253 33 (D) 0 419 15 2 -2 -2 21 3 -19 30 -50 716 Total -5 24 5 -46 -157 -501 48 -8 26 1,370 -71 0 21 7 -44 (D) (D) (n (D) 3,075 536 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles UK Islands Caribbean Other -110 48 293 -184 -271 3 -84 -3 -81 Africa South Africa Other -107 -54 27 -7 -77 10 -5 Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other Asia and Pacific Australia Hono ' » Kona • «"'» Japan Korea Republic of Malaysia New Zealand PhiliDoines ' " rK""** Singapore Taiwan Other . . . European Communities (12) OPEC2 ,. l . * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.1. (D4 ^ 8 -8 489 7 -85 -5 -20 -60 -1 (*) 1 <J n fl0 n0 i -3 0 0 ( l (D) 0 621 -1 (D) 339 (D) -45 0 -2 5 -48 0 75 0 -27 0 -27 ( Tn <2 C) 3 3 -1 'l n o 0 0 0 0 0 0 0 (D) 0 0 8 -2,506 -254 -51 1,724 -267 -11 -49 -10 -44 -3 -92 -92 -29 0 -62 0 0 0 0 0 0 0 -682 -139 0 -357 -126 P) -22 -2 -9 -9 -18 .a 5,058 -27 1,333 -26 3,525 -4 a -37 0 0 1 0 284 (D) -79 5 -83 66 n -3 3 280 602 -21 -4 (D) -42 -1 -23 -18 0 0 -40 -13 644 -22 fl-5 •3 -12 T T -2 0 0 0 0 0 0 T 0 "o D () D ( ) n 728 0 3,073 -1 33 0 -167 n 1 % n -21 0 0 0 0 -1 0 -1 3 3 0 -1 n •30 -447 9 -338 -2 0 -1 0 -9 (D) -2 -253 n 0 -1 0 0 1 Finance, except banking Banking Retail trade -45 135 -34 'l9 fl0 -2 141 -109 n ( -331 -61 4 -151 -120 0 1 0 0 -1 -3 n 193 Wholesale trade -2 2 -55 121 58 -17 -81 5 0 -96 0 0 0 0 0 8 1 8 -21 Other manufacturing 921 204 18 4 50 657 1,920 0 67 .. .. 188 -709 1 22 -17 106 442 255 188 3 -10 D ( ) 7 496 -501 0 727 325 42 43 192 49 —1 D -8 19 0 (D) Machinery fl 177 215 T ( ) 1 ] 8 -349 South and Central America Brazil Mexico Panama Venezuela Other Latin America and Other Western Hemisphere p Primary and fabricated metals 33 -3 129 2 n2 37 0 -3 0 -4 14 0 -2 -1 103 -970 -162 355 -193 e -563 534 -436 i 0 -141 2 8 15 29 5 -88 -3 -59 -36 (D) -5 2 -209 8 •3 n 91 n 7 159 -343 3 "o 0 493 -2 -9 (D) -81 -39 659 0 161 56 P) 146 31 81 40 0 1 40 1 3 25 8 135 -148 -90 -1 0 n -1,428 1,070 (D) n -1 0 n Other industries -119 (D) -1 Services -350 73 -39 3 -5 Real estate -24 -458 0 -243 Insurance n 12 -166 n 0 -1 10 -60 (D) -43 -8 -12 n fl -49 -232 -1 -414 -1 -3 -4 0 -2 1 -4 -81 -10 a «, n 16 44 -14 -18 7 -2 i( ) D n0 n 0 0 0 P) 24 1 0 -5 -5 0 n 0 0 q 0 -77 ( l (D) n 1 214 -16 3 248 -5 0 -2 0 1 -1 -14 -94 0 2 -1 -1 -11 (D) 2 0 0 0 0 0 0 -21 -9 -4 -7 -1 19 -60 -56 -4 244 -2 -66 (D) 56 -23 49 8 29 8 -102 -367 -113 -40 -131 <3 '5 P) 253 fl 272 "o 1 0 -28 2 4 -593 5 ( l n 0 0 0 0 8 -2 n0 -363 -148 251 0 -17 -1 -10 -84 3 -6 346 1 -20 -2 42 -6 n n 112 -364 n -122 n n -358 J -7 3 -5 (D) (D) -115 -29 (D) -17 (*) -17 -4 0 -4 -5 -3 -2 31 -1 51 -7 -6 -1 -5 -1 (D) 0 0 -11 (D) -252 -398 -13 -23 -343 -1 n nn 1 3 656 -1 9 8 -29 -7 -1 3 -15 (D) -45 (D) 42 -2 -1 -7 0 n 3 -1 15 0 -1 8 8 ( 3 -113 3 -42 -88 0 3 -33 -58 0 n 149 (*) -13 (D) (D) -7 -1 -30 -4 114 172 0 -51 23 S3 24 -342 43 8 0 -798 -57 -30 -690 1 -1 (D) -2 -286 51 (D) -318 (D) -2 -2 0 1 -4 D () -2 0 65 -7 182 D 8n n () 2. See footnote 2, table 10.1. NOTE.—In this table, unlike in the international transactions accounts, income is shown net of withholding taxes and without a current-cost adjustment. SURVEY OF CURRENT BUSINESS August 1994 • 121 Table 15.3.—Foreign Direct Investment in the United States: Income, 1993 [Millions of dollars] Manufacturing All industries All countries 6,298 .. -35 Canada Europe Austria Belgium Denmark Finland France . ... . Germany Ireland Italy Liechtenstein Luxembourg Netherlands Norway Spain Sweden Switzerland United Kingdom Other . . Latin America and Other Western Hemisphere South and Central America Brazil Mexico Panama Venezuela Other Other Western Hemisphere Bahamas Bermuda Netherlands Antilles U.K. Islands, Caribbean Other 9 '^ Petroleum 1,640 -21 1,327 0 (D) -60 -15 1,121 0 4 5 -4 78 4,645 0 (D) -365 15 50 P) 0 -387 5 P) 8 -334 <] -2 fl (D) -440 37 -263 28 -300 0 243 3 R Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other 49 8 50 -6 26 -19 -10 -2,553 -50 74 -2,319 -243 -8 -19 -4 -23 4 36 7,691 74 D0 () "oD () n 0 0 23 10 0 fi 257 (D) 5 -27 0 -27 106 0 «0 0 -1 -1 0 «30 -1,327 18 -23 -1,187 -82 n "a " ( l n 0 0 0 0 0 0 0 -37 -23 (D) -18 2 ( l -2 0 0 0 0 0 -2 -39 -24 11 (^ 0 1,253 46 4,574 -4 594 0 757 -195 199 1,112 -3 -185 -5 21 293 -1 845 0 3 582 -286 -2 -51 -2,217 -162 n (445) 154 50 19 16 53 16 -737 -71 0 3 -14 84 1,085 3,358 2 5 Wholesale trade fi 1 0 P) 40 586 (D) 1 Other manufacturing 894 0 -6 61 75 1,808 4,939 -13 -3 D Machinery -1,231 -49 -38 1,878 4 52 Primary and fabricated metals 46 2 9 -2 -21 79 9n (D) 4,799 -5 0 -2 266 -138 -160 -61 -2 -59 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 10.3. 5,693 1,038 517 -43 -43 -2 5 335 (D6) Africa .... South Africa Other D -256 0 260 fi 0 Addenda: European Union l OPEC2 3,728 21 2 -53 436 444 -3 -93 465 59 Asia and Pacific Australia Hong Kong Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Other Total Food and kindred products Chemicals and allied products 14 1 3 948 1,642 n D () 8 9 22 (D) 33 •n (D) 9 P) p n -3 1 -45 -81 -11 -14 fi -417 P) -72 -434 24 n -13 P) ^ n P) -4 P) fi 9 fi 0 <36 9 «0 9 0 0 0 P) 0 fi P) ( l 0 0 1 PI •20 0 0 0 0 n 22 8 0 23 -1 0 0 0 0 -8 -254 -10 -S -80 n 0 0 -1 n P) 3,661 -1 58 0 n 11 1 fi 0 -788 17 -34 -742 -1 0 n0 -16 -11 -2 -676 -2 P) ?! 9 P) ( ('l l 0 1 —269 27 3 -262 -2 0 -2 0 P) Services Other industries -1,625 -594 -322 -96 -35 271 574 -442 65 -34 504 -33 -1 8 1,106 P) -72 10 -1 271 810 0 -159 45 0 -2 8 305 -176 P) 2 -2 -3 440 -2 -2 -66 230 293 -16 P) 2 P) 0 Real estate 1,695 n 0 0 Insurance 414 -9 -2 0 Finance, except banking 776 -47 3 -10 134 47 1,214 —3 Banking -62 -3-2 -136 P) -21 -2 P) 97 Retail trade 9 -170 n -2 25 12 2 -27 -118 0 P) fi -42 0 -1 113 P) 51 193 -12 -2 122 677 0 -64 256 132 P) -2 230 51 99 22 29 28 62 0 1 61 27 0 70 16 -16 -12 61 22 -101 R -2 0 n n i 9( i 0 0 0 0 3 3 P) -1 -4 P) P) 937 -1 361 -2 -43 0 -4 -2 33 P) n3 «2 -2 106 103 -35 1 -5 -5 538 7 55 420 -24 9 922 94 0 -3 0 -4 1 -62 -130 -414 n -45 -1 -5 -40 <20 0 0 0 0 73 P) 440 015 n -8 0 -8 -42 -47 5 0 5 -1 -4 -502 -101 58 -330 -104 -2 99 21 P) 1,114 n 32 -29 -47 -6 -10 $ -21 318 -499 ?! ( 1 P) P) P) 0 n0 n 402 -25 7 408 91 0 15 " -695 P) 0 4 -11 -$ -25 0 -14 _< -9 81 P) R 9 -37 -3 -30 -10 -7 -18 -2 -13 135 P) g n n -52 28 -1 125 62 P) -124 -365 P) -48 0 5 -40 9.-1 1 0 1 2 2 -4 0 0 0 9(D ^ 0 0 0 17 5 <3 ( l3 1 -1 0 1 800 0 -1 -3 -317 n -19 -227 -66 -5 -193 26 -1 44 -7 -6 -1 -5 -672 -9 -11 -632 ?! -12 32 3 -11 283 -5 -106 2 0 1 n n 195 -7 1] -5 3 n -99 8 5 $P) J P) -14 J] n -2 P) -5 20 P) -176 334 -121 n P) ^ <Jn 0 9 -515 43 -4 -529 -16 -6 0 0 1 -4 -9 -2 -7 -29 P) -5 0 s -449 13 -3 -438 P) 0 P) 5 n -8 n -6 -77 38 -53 -4 341 -16 2. See footnote 2, table 10.3. NOTE.—In this table, unlike in the international transactions accounts, income is shown net of withholding taxes and without a current-cost adjustment. SURVEY OF CURRENT BUSINESS 122 • August 1994 Table 16.—Foreign Direct Investment in the United States: Country Detail for Selected Items [Millions of dollars] Direct investment position on a historical-cost basis 1989 All countries 1990 1992 1991 Capital inflows (outflows (-)) 1993 Income 1989 1990 1991 1992 1993 1989 1990 368,924 394,911 418,780 425,636 445,268 69,010 48,422 27,246 11,452 22,630 7,491 Canada . . , 30,370 29,544 36,341 37,845 39,408 1,793 1,821 1,320 -724 2,783 -855 Europe . Austria Belgium . Denmark Finland Francs . . 239,190 386 3,799 656 1,297 15,365 247,320 625 3,900 819 1,504 18,650 252,692 520 3,204 1,426 1,508 25,359 251,206 518 4,288 1,508 1,416 25,459 270,767 557 4,589 833 1,500 28,470 43,046 290 467 47 998 2,744 21,549 227 115 165 386 5,987 12,566 28,386 1,416 1,436 177 407 56,734 28,232 1,340 1,524 167 2,195 64,671 28,602 2,232 2,749 110 1,054 59,776 29,603 2,750 274 40 730 65,323 34,667 2,593 1,229 -15 990 68,477 3,738 1,008 850 -13 509 7,323 585 1,859 463 2,205 429 -199 -343 -57 -1,219 1,097 -39 162 2,906 576 601 5,435 18,746 103,458 316 773 792 5,484 17,674 98,676 295 620 1,406 5,322 20,155 98,236 413 709 1,546 6,850 20,635 89,073 485 844 623 8,077 21,384 95,415 537 364 90 587 5,184 18,939 -78 268 1 247 1 P) 62 94 (D) 264 1 10 48 73 50 14 240 1 P) 34 80 P) 20 -6 2 24 26 -68 0 P) Germany1 Ireland Italy Liechtenstein Luxembourg Netherlands Norway Spain Sweden Switzerland United Kingdom Other Western Europe nee Andorra Cyprus Gibraltar Greece Iceland Malta Portugal Serbia2 2 Slovenia Turkey Yugoslavia3 Eastern Europe Bulgaria Czechoslovakia45 Czech Republic Hungary Poland Romania Russia6 Union of Soviet Socialist Republics7 Latin America and Other Western Hemisphere South and Central America Brazil Mexico Panama Venezuela Other Argentina Belize Bolivia Chile Colombia Costa Rica Ecuador El Salvador Guatemala Guyana Honduras Nicaragua Peru Suriname Uruguay . . ... Other Western Hemisphere Bahamas Bermuda Netherlands Antilles United Kingdom Islands, Caribbean Other Antigua and Barbuda Aruba Barbados Dominica Dominican Republic French Islands, Caribbean Grenada Haiti Jamaica St. Kitts and Nevis Trinidad and Tobago Africa South Africa Other . Saharan Egypt Morocco Sub-Saharan Angola Botswana Cameroon Cote d'lvoire Ethiopia8 Gabon Guinea Kenya Liberia Malawi Nigeria P) 2 7 -19 254 1 P) 61 52 P) 11 -15 17 33 20 44 40 45 25 48 l 48 0 0 159 0 0 221 0 P) 297 0 7 28 0 P) 29 0 -'i 43 P) 42 P) 167 n 13 D ( ) P) 16,218 20,168 18,907 5,819 428 350 3,392 1,163 486 370 -1 0 40 53 1 5 6,140 377 575 4,188 496 504 420 P) 7,096 539 759 4,818 476 505 385 ( 3 Qn 0 10 10,399 -52 1,012 8,733 -215 922 0 0 51 0 0 5 55 -2 6 n 0 8 fl0 9 14,028 1,535 1,550 12,974 -2,979 948 0 0 191 0 0 2 71 3 5 -1 -12 0 7 n5 Q 30 ( 1 0 430 -1 -1 'l 0 -20 780 -17 6 P) a 3 -2 -26 -28 -20 -2 11 -2 1 8 110 0 0 63 0 P) 0 P) P) P) Pi 21,098 20,342 4,069 5,199 7,790 574 1,230 5,040 440 507 412 -1 1 46 72 -6 6,604 714 1,039 4,754 1,095 145 107 148 616 79 79 -1 1 9 -16 992 -46 224 870 -72 16 50 375 121 156 124 7 -34 -41 3 321 51 -8 5 n -1 -13 -2 6 ( 'l n 723 -20 743 6 14 -8 737 0 -1 0 0 0 -1 1 730 -1 9 -398 494 395 -1 -2 24 59 -10 -1 -2 -20 0 4 n 26 0 23 13,739 1,184 1,442 6,984 3,511 617 0 £ 0 6 P) P) n2 3 805 -7 812 -8 4 -12 820 2 0 0 0 n -2 0 -4 (*) R 2 13 2,974 -ffl -126 3,201 P) 0 0 -107 0 0 n n3 n -1 n 3-1 4,208 1,573 741 4,456 -2,552 -10 0 0 103 0 0 h 4 T-1 P) 0 1 55 -11 66 -12 -8 -16 8 5 9 -4 2 8 78 0 0 0 "i2 8 C 2 76 813 0 P) -35 n I -20 jj -17 P) 0 -2 fl0 ~8 3 -979 360 -89 -3,848 2,288 311 0 P) -43 0 0 fl0 «0 n 173 -87 260 -6 -4 -2 266 0 0 -1 0 0 19 0 -1 291 1 23 785 573 61 678 199 -727 0 P) 42 n 1 fl -31 -4 -28 -7 6 -13 -20 0 -1 1 0 0 <2 -2 -22 -1 2 659 -35 4,400 2,071 -136 -152 5,389 -98 358 -46 -49 9,184 -96 444 -3 -93 465 165 -49 -100 -915 -147 -24 -274 -171 -12 -81 2,027 -55 59 179 21 25 -79 -13 -81 -486 -580 -852 -174 -259 -585 260 84 -45 -123 874 -40 36 6,298 -467 -138 -160 -67 7 2,149 -49 -38 1,878 9 92 -6 61 -75 1,808 4,939 -13 -123 214 5,593 -36 99 3,789 -60 680 4,079 -55 -11 0 -37 0 -58 0 -4 0 (D) 0 <i -3 2 0 -10 80 -44 0 0 -3 -26 7 n -2 3 -9 3 3 -12 -7 -3 -1 -9 0 P) -4 3 P) 75 0 -28 n 3,566 -1,208 n1 n n0 n <2 -34 -131 -1,392 148 -97 -590 -835 -18 -18 0 -3 -22 -16 -4 -1 -1 -7 2 -1 n 21 0 32 1,261 -1,593 247 -1,379 3,848 139 0 fi <] R -1 1 0 1 0 0 -2 0 0 -11 0 0 -1 1 0 -2 0 0 -3 1 0 -9 -149 26 79 11 6 0 0 4 -2 n n ii 0 1 390 32 15 178 121 45 30 1] 0 n -1 o 1 -372 -312 24 -146 -143 -129 97 -26 -110 -381 81 0 0 47 0 0 l 30 p 0 (n n 'i pi "a 3 (D0) n 67 13 53 -14 -10 -4 67 2 1 0 -34 -3 -31 -6 -4 -2 -26 0 0 0 -41 -3 -38 -7 -1 -6 -31 0 0 0 n1 1 P) 70 1 P) ( l0 0 0 -29 0 3 1 1 18 28 63 (D) -3 -1 1 -284 n -5 2 0 n P) -2,347 57 -364 -12 -10 -6 n n 305 125 2,936 -121 570 1,119 6,504 41 825 29 468 340 -43 32 62 0 15 -1 -8 -4 8,485 -86 317 -5 -18 209 1993 -13 29 201 946 4,726 -11 -115 -927 1 1,610 s -189 2,519 75 0 (D) 2 -12 -604 719 -55 -33 0 P) -15 -44 P) 11 -4 g -272 7 0 P) -13 22 P) 3 13 1 -7 -14 2 13,308 2,779 1,473 8,618 -38 476 0 P) 124 A-1 -24 0 P)14 (*) ( -26 0 -633 6,832 122 128 1,555 823 -3,462 70 P) 11,810 1,987 1,396 7,812 756 -17 772 13 8 5 759 0 0 -1 0 0 -1 4,519 -18 397 -15 1,542 3,503 86 -8 1 0 16 2 505 10 496 8 1 7 488 0 0 -132 73 3,522 430 P) -4 45 P) 243 s fi « <i 1 1 s; n 505 26 480 3 -8 11 476 0 0 -1 2 0 288 188 443 -677 -111 fl 0 -11 -578 429 -8 1,851 7,163 596 278 5,016 <3 0 16 1,193 0 P) 82 0 0 3 -138 -120 -528 19,590 22 -95 6,023 -14 1,032 129 1992 1991 i n 215 -248 416 50 38 292 10 25 30 0 325 42 43 192 49 -1 14 0 -7 -15 n3 n s 0 H n 0 1 -664 0 0 0 -28 0 -3 n n -2 0 -1 n3 0 n -110 66 -177 -203 -359 p i 0 (0 (l 1 n -116 -3 -113 -6 -1 -5 -107 0 0 0 0 0 0 0 0 -108 0 2 0 -3 3 0 -9 -286 154 50 19 16 53 16 i Sn 0 0 -1 ( 1 0 n -440 48 293 -184 -271 8 0 n0 n2 36 3 $ i(n i <in -84 -3 -81 -5 n -5 -76 0 0 0 0 0 4pi 37 -263 28 -300 59 0 P) 30 0 0 2 P J 3 0 2 -61 -2 -59 -5 -1 -4 -54 0 0 0 0 0 0 0 -46 0 P) SURVEY OF CURRENT BUSINESS August 1994 • 123 Table 16.—Foreign Direct Investment in the United States: Country Detail for Selected Items—Continued [Millions of dollars] Direct investment position on a historical-cost basis 1989 1990 D D 1992 1991 Sudan Swaziland Tanzania Uganda U K Islands, Atlantic (Africa) Zaire Zimbabwe () () n2 -1 (D) 0 n2 -1 (D) 0 1 0 2 0 1 0 2 n 80 Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other Bahrain Iran Iraq-Saudi Arabia Neutral Zone9 Jordan Oman Qatar 7,588 630 4,280 -9 2,455 112 119 67 4,425 640 1,805 -16 1,811 99 86 46 (D) 0 22 7 (D) 92,948 6,542 1,511 83,091 -1,009 56 157 77 1,289 836 398 Asia and Pacific . . Australia Hona Kona japan Korea, Republic of Malaysia New Zealand Philiooines Singapore Taiwan Other Afghanistan Bangladesh Bhutan Brunei Burma Cambodia China India Indonesia Nauru . Pakistan Palau Papua New Guinea S r i Lanka . . Thailand Tonga . United Kingdom Islands Indian Ocean United Kingdom Islands Pacific Vanuatu Addenda: European Union 10 OPEC11 (D31 ^ 8 (D) . 75,053 4,962 1,124 67,268 -307 29 166 82 934 476 318 (D0 ^ T -1 . . '7 4 D () 8 R 8n 0 4,725 1,295 1,662 -23 1,606 68 116 43 (D) 0 55 5 (D) 4,786 1,284 1,643 -29 1,688 93 106 38 1 5,027 1,712 1,555 -35 1,591 107 98 19 1 900 15 257 -2 611 2 19 14 (D) 57 4 7 71 -1 7 105,359 6,364 1,859 93,787 661 52 92 63 923 1,109 450 109,978 7,069 1,842 97,537 823 73 69 68 873 1,117 506 (D) 108,918 7,278 2,015 96,213 795 250 104 67 228 1,272 694 (D) -1 0 0 -3 134 48 101 38 19 0 0 -1 149 (D) -1 0 0 -4 304 82 83 38 2 0 0 -1 169 0 2 5 (D) 220,628 3,981 237,960 2,959 " n0 n -3 100 0 0 5 1 212,361 8,067 220,874 4,216 224,080 3,877 •35 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. For 1989, this line includes only the Federal Republic of Germany. For 1990-93, it also includes the former German Democratic Republic (GDR), This change has no effect on the data because, prior to 1990, there were no U.S. affiliates of the former GDR. 2. Prior to 1992, data were included in Yugoslavia. 3. Prior to 1992, included data for Serbia and Slovenia. 4. Prior to 1993, included data for Czech Republic. 5. Prior to 1993, data were included in Czechoslovakia. 6. Prior to 1992, data were included in the Union of Soviet Socialist Republics. D D 1991 () 160 29 42 39 21 0 0 -1 140 0 1 5 (D) n 1990 0 1 0 2 -2 0 0 -2 124 30 25 35 19 -1 0 -1 150 0 0 5 2 87 26 39 31 19 0 0 Capital inflows (outflows (-)) 1989 1993 n (D) 0 n3 -1 (D) 19,147 -81 388 18,653 -821 -86 471 421 158 T0 (D-1 ^ 98 5 17 1 4 0 2 Income 1993 1992 D () n n fln fl(n) D 0 ( l fl () D 0 1989 0 n0 n fl 1990 0 ( l n 0 80 -613 5 49 —7 -613 -13 -33 -21 (D) 0 -9 -1 (D) 568 595 214 -6 -217 1 -18 -2 (D) 0 -15 -2 (D) 45 -20 10 -7 40 25 -3 2 (D) 288 431 -39 -6 -97 8 -9 -20 19 37 -42 -4 38 -22 11 3 2 n 16 0 n 20,474 1,279 259 18,754 -698 19 56 -5 370 356 84 13,224 -201 402 11,421 1,718 -9 -29 -28 -370 313 7 (D) 2 4,528 425 32 465 151 -446 -28 165 34 -5 -647 153 190 (D) 0 i 1 37 3 -13 4 n fln 3 -7 14 3 3 1 0 -132 4,186 74 21 -40 7 -57 3 40 (D) <in n <20 -25 19 41 -1 170 34 -15 <30 -I?0 -1,481 -2,811 -193 -18 -2,339 -208 -4 -18 -9 -4 -6 -12 -254 -328 -15 670 -149 n -66 -1 25 11 80 0 0 0 -1 -60 n 1 D0 () (D) 35,699 1,503 20,836 -700 10,936 61 3,651 97 17,928 -975 7,467 50 n n 0 30 160 -13 0 1 0 (D) n 0 7 -1 1 n0 28 0 0 0 3 n 8 n 0 n0 (n -34 -60 32 -6 48 -26 -23 1 0 -1 55 0 0 0 1 0 1 20 n <2 -18 -2 46 -7 -14 -26 -14 -9 (*) 0 -5 -1 1 8 0 0 0 3 0 0 0 0 0 -1 9 1992 1991 -16 -996 -115 -6 -15 -5 18 -3 -15 1 ( l 0 0 -23 -1 1 1 ( l 1993 r0 i h 4 0 <2 0 0 0 -77 10 -5 2 _2 49 8 50 -6 •26 -19 -10 -10 1 -4 -1 1 -1 -2,506 -51 -1,724 -2,553 -50 74 -2,319 -267 -243 -107 -54 27 •7 n -254 -11 -49 -10 -44 -3 -92 (D J H 0 0 -1 -4 n -8 -19 -4 -23 4 36 (D( ^ l 0 -1 -20 _j 1 4 8 0 0 0 1 0 0 0 0 -1 -21 -13 6 3 8 0 0 0 6 0 0 0 -14 0 0 0 n 0 0 -17 0 0 0 D 4,579 123 2,661 74 5,058 -27 7,691 74 n n % 0 -2 0 0 n 0 -1 117 -16 -30 fl0 7. Prior to 1992, included data for Russia. 8. Prior to 1993, included data for Eritrea. 9. Beginning with 1992, no longer recognized by the U.S. Government. 10. See footnote 1, table 10.3. 11. OPEC is the Organization of Petroleum Exporting Countries. Its members are Algeria, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Prior to 1993, Ecuador was also a member of OPEC; its data are included in this line through 1992. NOTE—In this table, unlike in the international transactions accounts, income and capital inflows are shown without a current-cost adjustment, and income is shown net of withholding taxes. SURVEY OF CURRENT BUSINESS 124 • August 1994 Table 17.—Foreign Direct Investment in the United States: Industry Detail for Selected Items [Millions of dollars] Direct investment position on a historical-cost basis 1989 All Industries Petroleum . Petroleum and coal products manufacturing Integrated petroleum refining and extraction Petroleum refining without extraction Petroleum and coal products, nee Other Oil and gas extraction Crude petroleum (no refining) and natural gas Oil and gas field services Petroleum tanker operations Pipelines petroleum and natural gas Petroleum storage for hire Petroleum wholesale trade Gasoline service stations . 1990 1991 1992 Capital inflows (outflows (-)) 1993 1989 1990 1989 1990 1991 1992 1993 394,911 418,780 425,636 445,268 69,010 48,422 27,246 11,452 22,630 7,491 2,936 -2,347 3,566 6,298 42,882 31,261 29,220 1,782 259 11,621 4,277 3,769 508 37,222 27,566 26,755 524 288 9,656 2,913 2,135 778 34,347 24,476 23,698 -2,699 -1,673 -1,822 106 43 -1,026 -1,538 -1,425 -1,197 -1,473 -1,439 -643 2,862 2,664 2,445 199 20 198 194 3,119 2,951 2,827 86 37 168 1,356 1,145 1,090 29 27 210 1,370 1,191 1,168 -5 28 179 -289 -254 -221 -238 -165 -173 1,640 1,596 1,553 21 23 44 -23 SI 858 -1,042 -2,010 916 52 1,900 -89 -96 7 (°) 663 451 10 392 48 212 107 203 -96 fl157 32,647 24,765 23,860 565 340 7,882 1,889 654 1,235 (D) 667 R 9,871 2,664 1,648 1,016 tfi( ) <fl 480 1,885 152,805 163,354 166,698 38,604 23,585 6,627 16,958 187 1,163 284 9,525 827 4,973 22,543 9,146 13,397 155 1,100 472 7,754 929 2,986 24,053 10,195 13,857 180 1,326 545 8,606 922 2,279 25,587 10,488 15,099 73 1,292 474 8,813 1,976 2,471 25,376 11,143 14,232 51 1,233 498 8,127 2,006 2,318 7,757 333 7,424 -70 345 Chemicals and allied products Industrial chemicals and synthetics Drugs Soap cleaners, and toilet goods Other Agricultural chemicals Chemical products nee 38,408 23,224 8,957 5,348 878 206 672 45,746 23,154 11,528 6,218 4,846 238 4,608 51,135 26,553 12,111 6,197 6,273 299 5,975 53,681 25,983 13,808 6,776 7,114 520 6,594 Primary and fabricated metals Primary metal industries Ferrous Nonferrous Fabricated metal products Metal cans forgings, and stampings Cutlery hardware and screw products Heating equipment, plumbing fixtures & structural metal Metal services, ordnance, and fabricated metal, nee ... 15,110 6,550 2,236 4,314 8,560 2,246 605 13,713 7,235 2,164 5,070 6,478 3,189 599 13,277 7,922 1,983 5,939 5,354 2,606 474 1,226 4,484 1,203 1,487 Machinery Machinery except electrical Computer and office equipment Other Engines and turbines Farm and garden machinery Construction, mining, & materials handling machinery Metalworking machinery Special industry machinery General industrial machinery Refrigeration and service industry machinery Industrial and commercial machinery, nee Electric and electronic equipment Household audio & video, & communications equipment Electronic components and accessories Other Household appliances Electrical machinery nee 27,839 12,762 2,981 9,780 114 334 Other manufacturing Textile products and apparel Textile mill products Apparel and other textile products Lumber wood furniture and fixtures Lumber and wood products Furniture and fixtures Paper and allied products Pulp paper and board mills Other paper and allied products Printing and publishing Newsoaoers Other '. . "..".."... "..". "."". '.. ".. Miscellaneous publishing Commercial printing services Rubber products Miscellaneous plastics products Stone clay and glass products Glass products Stone clay concrete gypsum etc Transportation equipment Motor vehicles and equipment Other transportation equipment nee Instruments and related products Measuring, scientific, and optical instruments Medical instruments and supplies Photographic equipment and supplies Other Tobacco products Leather and leather products Miscellaneous manufacturing industries 418 150,949 Food and kindred products Beverages Other Meat products Dairy products Preserved fruits and vegetables Grain mill products Bakery products Other food and kindred products 40 41 -113 R D 1993 40,345 31,137 29,172 1,754 210 9,209 1,989 1,861 128 5,408 (D) 158,559 Wholesale trade Motor vehicles and equipment Professional and commercial equipment and supplies Metals and minerals except petroleum Electrical goods Machinery equipment and supplies Other durable goods Lumber and other construction materials Hardware, plumbing, and heating equipment and suDCiies Income 1992 368,924 5,756 426 Manufacturing 1991 3 -44 J & -21 $ 7,772 6,459 521 390 -1,287 -38 14 84 -1,758 114 299 1,678 202 1,477 19 288 78 806 39 246 1,598 347 1,250 -48 -90 -74 382 1,043 38 57,693 27,022 17,054 6,955 6,661 685 5,976 13,341 4,711 7,577 873 180 -24 204 8,459 1,659 5,288 795 717 51 666 3,075 2,486 81 121 387 60 326 3,230 336 1,700 761 432 47 385 12,911 6,156 1,575 4,581 6,756 2,742 751 12,969 6,118 1,702 4,416 6,852 2,959 780 3,223 522 513 9 2,701 777 -24 3,037 1,419 772 647 1,618 1,154 54 355 666 -95 761 606 1,668 1,203 2,060 1,175 1,937 535 1,412 27,626 11,527 2,608 8,919 147 1,188 29,039 11,011 2,710 8,301 29,156 11,058 2,046 9,012 85 1,901 29,748 10,457 940 9,517 183 2,086 7,820 3,374 1,712 1,662 96 154 3,942 521 1,945 1,343 891 689 15,077 2,092 757 1,597 1,510 869 759 16,099 1,673 744 1,128 1,812 929 606 18,028 1,841 703 1,213 1,681 992 596 18,098 2,020 730 1,145 1,750 1,149 453 19,290 462 149 66 269 48 419 4,446 5,471 3,236 6,370 2,081 4,289 5,169 4,173 6,757 2,113 4,644 5,571 4,016 8,441 2,168 6,273 6,390 4,784 6,924 1,924 5,000 7,254 4,822 7,214 1,670 5,544 1,404 1,370 1,671 R 196 -1,192 46,008 2,873 2,257 616 605 447 158 1,678 755 924 11,158 2,399 8,759 7,012 1,747 2,871 1,452 9,427 1,595 7,832 4,789 3,736 1,052 5,306 3,233 1,856 218 5,849 43,176 1,785 1,227 558 770 439 331 2,763 1,116 1,646 11,899 3,197 .8,701 7,221 1,480 3,946 1,634 9,458 1,786 7,672 3,647 3,100 548 8,094 5,736 2,348 11 41,056 1,906 1,274 632 477 122 355 2,465 1,026 1,439 10,158 42,019 1,917 1,420 496 545 136 409 2,741 982 1,759 10,572 5,877 45 -5 50 201 100 101 881 342 539 716 558 158 265 3,914 1,457 9,209 1,845 7,364 5,348 2,952 2,395 7,024 3,819 3,198 8 40,913 1,938 1,382 556 638 203 435 3,290 942 2,348 8,964 98 8,867 7,473 1,394 3,768 1,402 9,258 1,767 7,491 4,336 2,734 1,602 7,657 4,140 3,446 71 -818 -371 -708 -338 R (°) R R 17,053 -897 -124 -38 7,338 5,496 2,721 1,766 130 911 1,359 427 931 34 -15 15 560 91 246 1,129 624 505 -34 -32 46 469 43 12 1,477 704 773 -10 78 30 522 86 67 833 324 509 -21 17 15 497 47 -45 1,038 585 453 -18 71 24 451 -64 -11 2,872 1,513 1,062 242 54 30 24 4,298 1,210 2,286 309 494 38 455 3,909 567 2,406 514 422 30 392 3,854 708 2,474 353 319 29 290 4,799 1,073 2,654 661 411 111 301 728 485 179 307 243 70 18 555 355 131 225 199 132 -5 -561 -368 -275 -501 -396 -235 -161 -106 -737 -449 -187 -262 -288 20 135 -73 145 -95 -79 -2,228 -1,274 -1,104 -1,655 S -781 -35 -71 43 -565 -26 -126 3,961 930 2,740 745 -455 169 -623 -75 -87 -38 -49 11 328 29 111 157 -141 -205 577 307 -1,097 1,404 24 860 2,041 208 262 -54 -72 628 176 452 1,334 -289 -377 -694 -100 R R 245 103 162 271 356 910 -996 -201 2 215 -18 58 -139 1,834 73 32 1,729 -4 1,733 623 -24 44 -69 25 -11 36 1,150 -68 1,238 1,023 n 1,247 1,416 1,763 45,456 15,441 3,681 3,444 5,986 4,158 4,166 262 50,910 16,225 3,040 3,858 9,737 3,358 5,949 887 58,171 16,916 4,760 4,628 11,608 3,446 6,545 718 59,024 17,308 4,918 3,512 12,645 2,925 7,413 469 59,290 17,451 4,068 3,447 13,083 3,134 8,222 727 4,308 311 50 1,004 966 374 712 -58 7,368 1,483 509 620 3,239 1,009 213 6,564 890 1,482 620 2,301 -65 491 -62 812 885 879 984 1.178 140 1 21 -107 493 401 2,614 234 2,380 302 500 -198 2,366 2,179 277 -90 -2,143 (D) (D) 150 -437 -700 (D) (D) -734 fi140 -291 -62 -229 111 163 -53 -617 -992 385 -10 533 22 —3 513 82 -42 154 -119 65 51 -701 244 33 -978 -137 -841 1,948 -4 99 -103 31 5 26 182 -43 226 553 -3 556 335 221 24 167 -48 260 -16 -4 -875 -558 -317 8 183 -35 -63 -9 120 70 34 11 -71 -27 -84 51 -57 -130 J8 -780 -136 81 114 -128 1,710 863 27 820 -252 1,072 1,988 199 127 72 118 92 27 642 -13 655 -239 R -154 D 1,083 112 -289 -151 -981 882 -61 47 414 449 903 271 89 193 -531 -93 -193 (°) 61 1,947 548 499 D 196 733 456 209 243 4 42 35 -3 10 545 -188 95 fi( ) 317 98 141 ( ) -29 -22 199 -55 253 219 201 17 620 332 224 64 282 14 10 259 -309 83 -6 45 (D) 161 (D) 3,728 -14 ( 77 198 155 -7 -105 (D) -35 3 145 264 -138 17 8 5 42 (D) 305 (D) 4,398 -70 -95 (D) (D) 1,677 (°) 3,893 1,850 9,279 1,685 7,594 4,653 3,217 1,436 6,745 3,740 3,004 1 R "& -16 133 -643 -819 -917 98 -12 123 481 201 11 -311 -491 6,463 749 719 30 42 123 -81 471 375 96 2,458 48 2,410 3,531 -1,122 751 219 737 278 459 1,573 1,296 277 556 244 220 92 -1,094 (D) (D) 422 . -243 -724 -304 -419 -18 -384 -36 -121 -226 12 -239 826 -64 -39 -25 37 31 6 212 62 150 -177 271 -447 -487 40 -119 69 181 -5 186 -267 -282 15 97 81 R R 857 10 448 157 -116 166 -159 1 252 38 65 -170 -161 -301 -493 6 -14 -80 -46 19 -17 -54 59 -453 -390 -448 -133 -316 -1,033 -1,404 -193 -165 -40 -92 -102 54 31 23 76 18 58 135 404 -269 -288 19 -432 -24 -300 -82 -218 -355 -327 -28 193 319 -80 -45 -186 5 10 -175 9 2 7 -10 -5 -6 103 21 25 -40 -756 -291 -565 -138 -426 -497 -384 -113 -19 -709 -156 -2,217 -1,318 -1,017 248 -404 9 -12 -193 -78 -139 37 -10 -18 -553 59 -219 -393 17 -411 921 51 90 -39 32 17 15 61 -2 63 -64 ~V) 49 8 -301 -9 88 -93 -56 -100 -51 -8 -73 -898 -213 -293 -392 7 -399 845 155 173 -18 83 53 30 155 -31 186 189 -5 194 167 27 -258 34 -542 -111 -431 -147 -118 281 -144 -221 451 318 159 -26 316 502 426 297 128 1 621 R R 49 115 -44 141 129 -98 -315 -113 R 104 (D) -23 70 61 -29 -72 -72 563 386 169 8 215 3 94 12 142 -24 233 12 757 42E 7 14 -21 S -34 35S 27 76 61 59 6C 8 253 -143 44 -227 -157 -109 -196 -210 -178 -61 3 -250 SURVEY OF CURRENT BUSINESS August 1994 • 125 Table 17.—Foreign Direct Investment in the United States: Industry Detail for Selected Items—Continued [Millions of dollars] Direct investment position on a historical-cost basis 1989 Durable poods nsc Groceries and related products Farm product raw materials Other nondurable goods Paper and paper products Drugs, proprietaries, and sundries Apparel, piece goods, and notions Nondurable goods, nee .. Retail trade General merchandise stores Food stores Apparel and accessory stores Other Eating and drinking places Retail trade, nee 1990 1991 1992 1993 3,092 2,026 555 6,000 1,791 381 563 3,266 4,177 1,672 916 6,157 1,662 722 577 3,195 4,947 1,956 1,076 7,237 1,405 782 726 4,325 5,960 1,871 1,602 6,830 1,554 848 370 4,058 6,316 1,998 1,476 6,412 1,517 922 381 3,592 8,549 833 2,448 1,465 3,804 313 3,491 9,242 3,679 1,258 4,908 1,683 3,225 9,045 -1,216 4,917 340 5,004 1,698 3,306 9,981 847 4,032 -19 5,122 1,205 3,917 10,430 731 4,573 -603 -246 5,372 1,259 4,113 Capital inflows (outflows (-)) 1989 1991 1990 630 805 465 330 38 -78 175 795 124 318 503 21 209 -37 310 -1,328 -1,463 -2 83 55 109 -54 1,010 -36 375 -7 382 -379 401 -948 1992 532 526 235 83 -259 11 85 247 -1,182 -348 348 -818 -363 -243 -120 Income 1989 1993 854 132 428 429 -43 132 -64 405 -434 -719 214 142 -70 -320 250 440 102 -118 155 -41 132 12 52 656 -35 601 -233 324 50 274 1990 149 1 -14 159 45 97 -93 110 5 64 -9 88 71 74 -67 10 -1,803 -483 -530 $ B14 1992 1991 228 -101 82 -80 -6 -74 1993 105 161 74 116 -10 41 -39 124 162 110 2 154 -17 100 -86 158 -1,467 -45 -61 73 155 -627 206 -853 -193 19 -213 -211 -130 -81 268 -21 -2 228 17 238 -91 63 -170 -71 68 -272 104 56 48 Banking 13,431 18,442 24,347 26,311 31,026 2,221 925 3,575 1,762 3,795 459 -1,447 -199 -458 776 Finance, except banking Savings institutions and credit unions Holding companies Franchising, business — selling or IK ensmg Other finance, including security and commodity brokers 18,657 1,415 6,189 11 11,042 8,361 1,455 2,319 12 4,575 17,380 2,102 3,633 15 11,630 17,683 389 3,395 12 13,887 26,542 504 4,263 314 21,461 11,210 414 1,895 8 8,893 -3,374 167 -58 2 -3,485 6,428 634 1,407 3 4,383 1,760 74 8,302 115 277 302 7,608 31 -19 150 2 -7§6 -988 -350 414 54 18 1 341 Insurance Life insurance Accident and health insurance Other insurance 22,509 8,483 893 13,133 27,121 9,868 989 16,264 33,241 8,991 1,269 22,981 34,265 9,352 1,487 23,426 39,154 11,965 1,762 25,427 2,239 604 62 1,573 4,358 1,902 95 2,361 4,609 1,319 328 2,962 189 -119 2 1,803 -479 97 571 3,024 2,262 94 668 18 85 2 -102 734 226 89 418 82 -82 3 19 -64 2 -862 -992 -307 1,388 516 97 774 1,036 199 119 718 1,070 624 141 305 1,695 917 123 654 Real estate 30,386 34,939 28,682 29,915 28,609 3,800 6,608 -1,405 165 -797 -270 -1,282 -1,901 -1,428 -1,625 Services Hotels and other lodging places Business services Computer and data processing services Computer processing and data preparation services Information retrieval services Computer related services, nee Other business services . Advertising Services to buildings .. Equipment rental and leasing, except autos & computers Personnel supply services Business services, nee Motion pictures, including television tape and film Engineering, architectural, and surveying services Accounting, research, management, and related services Accounting, auditing, and bookkeeping services Research development and testing services Management and public relations services Health services Other Automotive rental and leasing without drivers Automotive parking repair and other services ... Miscellaneous repair services Amusement and recreation services Legal services Educational services Other services provided on a commercial basis 20,614 5,765 6,629 2,084 32 183 1,869 4,546 1,027 187 30,592 10,537 5,804 1,358 17 199 1,142 4,446 1,534 143 34,116 12,088 6,508 1,479 20 196 1,263 5,029 1,189 154 34,635 11,439 6,372 1,853 6 668 1,180 4,519 905 P) 33,776 10,133 6,604 2,029 6 729 1,294 4,575 827 P) 6,399 1,863 2,973 1,228 -75 64 1,238 1,745 P) -27 10,545 5,116 708 237 14 18 205 471 776 37 3,476 1,026 457 250 -1 19 231 207 800 -1,000 -1,412 269 288 -677 -153 -324 -400 -217 -1,322 -970 -494 -594 -380 (DD) () 2,247 2,028 3,276 420 0 53 367 282 2,214 554 346 1,869 9,404 1,130 493 0 9 485 534 964 P) 1,692 10,861 1,232 1,112 32 366 715 630 2,989 7 105 166 2,011 2 69 629 1,280 P) 1,358 10,119 929 1,029 P) 347 P) 733 4,229 6 P) 163 2,668 2 P) 970 P) P) 329 a 1 25 1,364 972 1,009 1,705 10,298 1,061 763 45 147 570 607 2,792 -5 81 91 2,065 1 25 535 Other industries Agriculture, forestry, and fishing Agriculture Agricultural production—crops Agricultural production—livestock & animal specialty Agricultural services .... Forestry and fishing Forestry Fishing, hunting, and trapping Minina 13,027 1,350 1,271 737 471 64 79 64 15 4,741 933 933 19,616 1,457 1,175 668 444 62 282 278 4 8,486 829 830 -1 7,656 6,447 P) 5,904 326 P) 1,210 1,210 0 4,110 2,285 954 83 18,016 1,216 1,108 538 510 61 108 81 28 7,509 1,251 1,253 -2 6,258 5,335 191 4,804 344 -4 923 923 0 3,743 2,304 941 92 16,121 1,045 961 422 483 56 84 P) P) 8,055 1,513 1,518 -5 6,542 5,541 221 4,940 385 -5 1,002 1,002 0 1,307 1,887 694 212 17,096 783 732 352 338 42 51 25 26 9,336 1,498 1,504 -6 7,838 6,252 220 5,602 436 -5 1,586 1,586 0 1,021 2,405 670 129 -355 -529 -859 -479 0 243 1,360 3,278 1,062 0 130 1,670 3,244 742 225 516 2,502 0 295 1,545 3,828 1,291 413 878 2,537 0 463 1,622 3,551 1,279 342 937 2,273 SCoal'::::::::::::::::' '' mining Coal mining services ... Other Metal mining Iron ores Copper, lead, zinc, gold, and silver ores Other metallic ores . Metal mining services Nonmetallic minerals, except fuels Nonmetallic minerals mining, except fuels Nonmetallic minerals services, except fuels Construction Transportation Railroads Water transportation Transportation by air Pipelines, except petroleum and natural gas Passenger transportation arrangement .... Transportation and related services, nee Communication and public utilities Communication Telephone and telegraph communications Other communications services Electric, gas, and sanitary services (D) (D) 33 1,186 1 22 919 3,808 1,746 (D) 1,378 216 P) 2,062 2,062 0 2,407 2,221 688 50 82 0 169 1,233 2,307 -86 8 2,393 *.T 1,225 8 2,216 * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. NOTE.—In this table, unlike in the international transactions accounts, income and capital inflows are shown with-' -234 289 ( 'l -38 38 170 1 1? 3 738 ti -98 3,833 415 57 0 -53 110 -41 457 8 -91 145 «3 579 385 699 74 73 59 10 3 1 _^ 2 639 -8 -7 3,875 -45 -42 -32 -8 -2 -3 12 -14 2,836 -17 -16 -1 2,854 2,560 P) 2,426 70 P) 293 293 0 508 583 268 56 38 0 78 142 -8 9 646 183 P) 66 80 J8 463 0 205 191 37 17 63 0 70 4 -409 -1,319 P) $ a -17 -177 12 422 -24 -26 1,108 -42 135 -15 53 97 66 727 a -24 834 n -89 109 -80 -109 -110 3 -1 29 18 11 198 465 466 -1 -267 85 3 119 P) -352 -352 0 207 -118 -157 -9 -245 0 -4 297 -97 -308 -370 -89 -42 1 4 -47 -47 -22 P) 111 n 81 207 -18 -79 P) 243 B -1,027 -fl 1,011 -1 372 -14 190 196 23 -146 -1 -34 -112 -173 0 44 129 n -71 -54 -13 -28 -13 -17 $ 804 710 712 -1 94 10 21 -6 -3 -1 84 84 0 -308 -653 -371 32 -159 0 -13 -141 228 232 164 68 -4 -193 18 P) 10 P) 112 1,232 -1 P) 672 fl 315 872 -241 -208 -48 -146 -14 -33 P) P) 1,081 13 -12 -1 1,094 503 7 446 51 -1 591 591 0 -262 309 -23 -84 424 0 -84 76 -15 -12 -71 59 -3 -619 -59 184 -26 -2 7 -31 210 34 10 15 63 -1 31 33 -48 -71 P) -43 181 -4 7 87 168 -44 8 28 28 70 12 79 76 -16 -9 P) 84 -15 109 121 -16 100 -32 19 36 -87 -292 -360 -201 -351 -22 5 0 -39 44 9 -7 -19 -25 0 -47 22 20 24 1 -7 -2 -34 -70 69 116 n -2 212 -173 168 -97 -73 1 -5 -2 -3 262 27 27 -1 235 137 3 137 -2 _•( 98 98 0 -25 -1 -12 -18 -9 0 -3 41 149 -61 15 -76 210 out a current-cost adjustment and income is shown net of withholding taxes. n n -52 n 68 -162 -152 -72 -78 -2 -10 a 324 n _< 324 303 -7 317 -6 -1 21 21 0 -114 -66 20 -43 -27 0 -2 -13 87 -156 9 -165 243 -482 -124 -41 -1 -36 -4 28 -100 n -4 -Sn fl -676 -168 -169 -79 -88 -3 n -5 5 231 10 11 -1 221 205 -8 234 -20 -1 16 16 0 -161 -358 -57 -13 -196 0 -13 -78 -220 -402 7 -408 182 187 6 fi -618 -58 -1 -10 -10 20 41 -28 —1 10 -6 -92 n 60 -162 -186 -171 -48 -108 -15 -15 -8 -7 566 209 210 —1 357 316 -24 349 -8 _•< 41 41 0 -388 -175 -69 1 -205 0 -2 99 22 -151 14 -165 174 275 107 s -316 -199 -40 2 -18 -23 35 31 P) P) n -74 fl92 -322 -185 -155 -44 -97 -14 -29 -10 -20 354 1 2 -1 353 321 -9 342 -11 -1 32 32 0 -460 9 -2 -8 -42 0 -13 75 -41 -41 P) 8 SURVEY OF CURRENT BUSINESS 126 • August 1994 Table 18.—Foreign Direct Investment Position in the United States on a Historical-Cost Basis and Direct Investment Income, by Country of Each Member of the Foreign Parent Group and by Country of Ultimate Beneficial Owner' [Millions of dollars] 1991 By country of each member of the foreign parent group Position Income 1992 By country of ultimate beneficial owner By country of each member of the foreign parent group Position Position 418,780 -2,347 418,780 36,341 -1,208 42,403 252,692 520 3,204 1,426 1,508 25,359 2,071 -152 -79 -13 -81 -486 241,107 261 3,266 1,201 2,003 28,311 Germany Ireland Italy Liechtenstein Luxembourg Netherlands 28,602 2,232 2,749 110 1,054 59,776 -852 -174 -259 -45 -123 874 34,090 1,830 3,904 102 542 43,295 Norway Spain Sweden Switzerland United Kingdom Other 620 1,406 5,322 20,155 98,236 413 -40 36 -364 99 3,789 -60 851 1,186 6,667 20,447 92,789 362 18,907 -248 All countries Canada . . . . Europe Austria Belgium Denmark Finland France Latin America and Other Western Hemisphere . Income -2,347 Income 1993 By country of ultimate beneficial owner By country of each member of the foreign parent group By country of ultimate beneficial owner Position Position Position Income 425,636 3,566 425,636 3,566 445,268 6,298 445,268 37,845 659 44,813 1,454 39,408 -35 49,563 648 1,310 251,206 518 4,288 1,508 1,416 25,459 5,389 -98 358 -46 -49 240,936 392 3,667 1,310 2,066 30,124 5,126 270,767 557 4,589 833 1,500 28,470 9,184 -96 444 -3 -93 465 257,520 832 4,296 81 1,660 35,497 8,567 -59 391 8 -68 34,667 2,593 1,229 -15 990 68,477 260 -49 -38 1,878 39,932 1,485 4,608 -25 585 44,786 -42 -58 2,035 -6 61 -75 1,808 4,939 -13 868 563 8,512 22,451 90,978 409 -15 -12 158 1,709 4,743 -31 -286 10,738 -248 6,481 2,022 1,738 817 1,316 587 -301 -174 -103 7 -41 -834 -351 -177 -763 -80 -76 452 -16 -24 29,603 2,750 274 40 730 65,323 227 3,708 -85 709 1,546 6,850 20,635 89,073 485 -359 -580 -585 84 -467 -67 7 2,149 34,517 1,627 2,611 -23 556 44,185 -131 354 -38 1 -730 -161 2 -619 -76 -19 1,978 680 4,079 -55 757 1,138 7,880 21,510 88,282 337 494 4,245 -63 844 623 8,077 21,384 95,415 537 9 92 -123 8 31 -148 10,685 233 21,098 215 10,963 149 20,342 7,096 539 759 4,818 476 505 416 50 38 292 10 25 6,838 1,697 1,181 1,231 2,093 636 272 100 -33 5 199 1 7,790 574 1,230 5,040 440 507 325 42 43 192 49 -1 7,276 1,766 1,694 1,123 2,088 605 140 110 -16 6,604 714 1,039 4,754 Other Western Hemisphere Bahamas Bermuda Netherlands Antilles United Kingdom Islands, Caribbean Other 11,810 1,987 1,396 7,812 -578 1,193 -664 66 -177 -203 -359 8 3,848 262 2,292 878 400 15 -39 51 20 -4 13,308 2,779 1,473 8,618 -38 476 756 -17 772 116 -3 -113 2,031 1,730 301 -52 -9 -42 723 -20 743 4,725 1,295 1,662 -23 1,606 68 116 -34 -60 32 -6 48 -26 -23 9,261 1,337 3,306 271 3,348 745 254 -20 -58 30 -44 141 -70 -20 4,786 1,284 1,643 -29 1,688 93 106 105,359 6,364 1,859 93,787 661 52 92 63 923 1,109 450 -2,811 -193 -18 -2,339 -208 -4 -18 -9 -4 -6 -12 110,214 6,959 2,094 96,759 488 84 528 108 467 1,734 994 -3,297 109,978 7,069 1,842 97,537 823 73 69 68 873 1,117 506 3,078 279 210,431 9,648 1,753 291 Middle East Israel Kuwait Lebanon Saudi Arabia United Arab Emirates Other Asia and Pacific Australia Hong Kong jaoan Korea Republic of Malaysia New Zealand Philippines . Singapore Taiwan Other United States Addenda: European Union2 OPEC3 224,080 3,877 2,661 74 -104 -2 -141 -330 -2,428 1. The ultimate beneficial owner is that person, proceeding up a U.S. affiliate's ownership chain, beginning with and including the foreign parent, that is not owned more than 50 percent by another person. The country of ultimate beneficial owner is often the same as that of the foreign parent, but it may be a different foreign country or the United States. Income -800 South and Central America Brazil .... Mexico .. Panama Venezuela Other .... Africa South Africa Other Income -206 -9 -32 -7 -29 -84 -32 220,628 3,981 -116 192 -31 -398 3 3,687 279 1,972 1,108 320 7 9 -46 72 31 -45 -2 13,739 1,184 1,442 6,984 3,511 617 -84 -3 -81 1,552 1,333 219 51 113 -62 -110 48 293 -184 -271 -107 -54 27 -7 -77 10 -5 -2,506 -254 -51 -1,724 -267 -11 -49 -10 -44 -3 -92 5,058 -27 9,449 1,326 3,372 265 3,471 752 263 -191 -23 -28 -37 75 -27 -2 114,291 6,229 2,534 100,717 675 125 475 114 639 1,805 978 -3,270 3,631 247 208,074 10,064 4,980 2 -405 -339 -1,885 -281 -3 -75 -13 -23 -78 -170 494 -138 -160 154 50 19 16 53 16 6,298 -160 751 -173 -294 138 -3 -405 -28 -4 59 4,257 253 1,883 1,262 797 62 53 -56 88 62 -41 1 805 -7 812 -61 -2 -59 1,233 1,059 175 22 27 -6 5,027 1,712 1,555 -35 1,591 107 98 49 8 50 -6 26 -19 -10 9,778 1,781 3,248 265 3,459 772 254 72 30 124 -33 20 -50 -19 108,918 7,278 2,015 96,213 795 250 104 67 228 1,272 694 -2,553 -50 74 -2,319 112,582 5,710 1,672 99,740 597 357 473 119 831 1,967 1,116 -2,991 -38 237,960 2,959 -440 37 -263 28 -300 -243 -8 -19 -4 -23 4 36 7,691 74 -235 -2,334 -252 4 -36 -4 -38 -50 -10 3,853 229 222,841 9,104 7,194 30 2. See footnote Liable 10.3. 3. See footnote 11, table 16. NOTE.—In this table, unlike in the international transactions accounts, income is shown net of withholding taxes and without a current-cost adjustment. August 1994 SURVEY OF CURRENT BUSINESS 127 U.S. Direct Investment Abroad: Detail for Historical-Cost Position and Related Capital and Income Flows, 1993 THE FOLLOWING SET of tables presents detailed estimates of the U.S. direct investment position abroad on a historical-cost, or book-value, basis and of the related capital and income flows. These tables supplement an article in the June 1994 SURVEY OF CURRENT BUSINESS that summarized developments in 1993 in the U.S. direct investment positions at historical cost.1 Tables 17 and 18 show estimates of the position, capital flows, and income at the most detailed levels possible—that is, for every country and for every industry in which investment was made. Estimates for 1993 are preliminary; those for 1990-92 are revised. The estimates in tables 3-18 differ in two respects from those for comparable items included in the international investment position of the United States and in the U.S. international transactions accounts.2 First, the estimates in tables 3-18 are on a historical-cost basis, which is the only basis on which detailed 1. See "Direct Investment Positions on a Historical-Cost Basis, 1993: Country and Industry Detail," SURVEY OF CURRENT BUSINESS 74 (June 1994): 72-78. 2. See "The International Investment Position of the United States in 1993," and "U.S. International Transactions, First Quarter 1994," SURVEY 74 (June 1994): 63-71 and 86-127. estimates by country and industry are available; in contrast, the direct investment position estimates in the international investment position of the United States are presented on both a current-cost and a market-value basis, and direct investment income and capital flow estimates in the U.S. international transactions accounts are presented on a current-cost basis. Second, the estimates of direct investment current-account items (income and services) in tables 3-118, unlike those in the U.S. international transactions accounts, are net (after deduction) of U.S. and foreign withholding taxes; estimates gross of withholding taxes are not available by country or by industry. Table i shows the total U.S. direct investment position abroad and a comparable rate of return on all three valuation bases (historical cost, current cost, and market value); table 2 reconciles the estimates presented in tables 3-18 with those included in the U.S. international transactions accounts. Tables i through 18 follow. H Errata The survey from which the estimates were derived was conducted by Mark W. New under the supervision of Patricia C. Walker. Spicer V. Conant, Laura A. Downey, Marie K. Laddomada, Sherry Lee, Leila C. Morrison, Gary M. Solamon, and Dwayne Torney assisted with the processing of the survey and with the preparation of the estimates. Smith W. Allnutt m programmed the tables. Tables 11.3, 11.4, and 17 in this report show corrected estimates of the direct investment position on a historical-cost basis in Eastern Europe for 1992 and 1993; the estimates published in table 3 of "Direct Investment Positions on a Historical-Cost Basis, 1993: Country and Industry Detail," in the June 1994 SURVEY OF CURRENT BUSINESS were incorrect. 128 • August 1994 SURVEY OF CURRENT BUSINESS Table 1.—Alternative Position and Rate-of-Return Estimates for U.S. Direct Investment Abroad, 1991-93 Millions of dollars Changes in 1992 (decrease (-)) Valuation method Position at yearend 1991 Total 467,844 650,591 813,757 Historical cost Current cost Market value Changes in 1993 (decrease (-)) Attributable to: Capital outflows 31,147 17,590 -27,854 Position at yearend 1992 Valuation adjustments 41,587 41,004 41,004 -10,440 -23,414 -68,858 498,991 668,181 785,903 Valuation adjustments Capital outflows 49,653 47,982 207,248 58,094 57,870 57,870 -8,441 -9,888 149,378 Millions of dollars Valuation method Direct investment income 1992 1991 Historical cost Current cost23 Market value 1 50,472 49,889 51,958 53,525 52,124 56,268 . . . . 1990 57,738 57,515 58,353 430,521 620,533 719,368 548,644 716,163 993,151 Percent Direct investment position at yearend 1993 Position at yearend 1993 Attributable to: Total 1991 Rate of return 1992 467,844 650,591 813,757 1993 498,991 668,181 785,903 1991 1992 11.9 8.2 73 548,644 716,163 993,151 1993 10.4 7.6 6.5 11.0 8.3 6.6 1. On a historical-cost basis, direct investment income excludes capital gains and losses and is computed without a current-cost adjustment to earnings; it equals the sum of lines 9 and 14 of table 2. The rate of return based on historical cost equals this measure of income divided by the average of the beginning- and end-of-year historicalcost direct investment positions. In accordance with international guidelines, this measure of income, like the other measures shown in this table, is recorded gross (before deduction) of U.S. and foreign withholding taxes on distributed earnings and interest. However, it differs from the measure disaggregated by country and industry, in subsequent tables, which is recorded net (after deduction) of withholding taxes, because withholding tax data are not available by country or industry. 2. On a current-cost basis, direct investment income excludes capital gains and losses and includes a currentcost adjustment to earnings; the latter revalues depreciation, depletion, and expensed exploration and development costs to reflect current-period prices, as required for the national and international economic accounts. Income on a current-cost basis equals line 1 of table 2. The rate of return based on current cost equals this measure of income divided by the average of the beginning- and end-of-year current-cost direct investment positions. 3. On a market-value basis, direct investment income measures financial return to investors; thus, it includes capital gains and losses but excludes the current-cost adjustment, which is an economic accounting adjustment, and currency translation adjustments, which in company financial statements are taken directly to an equity account, without passing through the income statement. It is derived as line 1 minus line 8 of table 2, plus the total in column 12 of table 5. The rate of return based on market value equals this measure of income divided by the average of the beginning- and end-of-year direct investment positions at market value. Table 2.—U.S. Direct Investment Abroad: Reconciliation With International Transactions Accounts Table 3.—U.S. Direct Investment Position Abroad on a HistoricalCost Basis [Millions of dollars] 1 Income with current-cost adjustment, before deduction of withholding taxes (IT table 1 line 12) 2 Earnings 3 Distributed earnings 4 Reinvested earnings 5 Interest, net 6 U S parents' receipts . 7 U.S parents' payments 8 Less: Current-cost adjustment to earnings 9 Less: Withholding taxes net On distributed earnings . . . . 10 11 On interest, net 12 On U S parents' receipts On U.S. parents' payments 13 14 Equals: income without current-cost adjustment, after deduction of withholding taxes (shown in the accompanying tables) 15 Capital outflows with current-cost adjustment (IT table 1, line 44, with sign reversed) Equity capital •. 16 17 Increases in equity capital Decreases in equity capital 18 Reinvested earnings (line 4) 19 Intercompany debt 20 21 U S parents' receivables 22 U S oarents' oavables 23 Loss: Current-cost adjustment (line 8) 24 Icrua/s: Capital outflows without current-cost adjustment (shown in the accompanying tables 25 Equity capital (line 16) Reinvested earnings without current-cost adjustment (line 19 less line 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Direct investment position 1992 1991 Line Intercompany debt (line 20) Royalties and license fees, before deduction of withholding taxes, net U S parents' receipts (IT table 1 part of line 8) U.S. parents' payments (IT table 1, part of line 22, with sign reversed) Less: Withholding toes, net On u S parents' receipts On U S parents' payments Equals: Royalties and license fees, after deduction of withholding taxes, net (shown In the accompanying tables) U S parents' receipts U S parents' payments Charges for other services net l U.I. parents' receipts (IT table 1, part of line 9; also shown in the accompanying tables) .. U.S. parents' payments (IT table 1, part of line 23, with sign reversed1 also shown in the accompanying tables) 1993 52124 50871 33945 16926 1,254 4740 3486 -1,401 1438 1 229 209 237 28 49889 48732 34256 14476 1,157 3903 2746 -583 1,348 1 175 173 195 22 57515 56117 26552 29565 1398 3746 2349 -224 1 115 947 169 187 19 52087 49123 56623 31,295 17682 29,431 11 749 16926 -3,313 -1767 -1 546 -1,401 41,004 14438 26,635 12197 14476 12,090 11030 1 060 -583 57,870 17,423 24,322 6,898 29565 10,882 14,694 -3811 -224 32,606 17,682 41,587 14,438 58,094 17,423 18,327 -3313 15,059 12090 29,789 10882 13,653 13819 15037 15226 14,926 15158 166 682 691 8 190 752 761 9 232 746 758 11 12,970 13128 158 4,434 14,285 14465 181 4,880 14,180 14400 221 4908 8694 10,222 10497 5,260 5,342 5,589 1. Withholding taxes on "other" services transactions between U.S. parents and their foreign affiliates are assumed to be negligible, and no estimates of them are made. Therefore, there is no difference between the "beforetax" estimates shown in the international transactions accounts and the "after-tax" estimates shown in the accompanying tables. NOTE.—This table reconciles the estimates for which country and industry detail are presented in this report with the aggregate estimates presented in the U.S. international transactions accounts in the June 1994 SURVEY OF CURRENT BUSINESS (see ''U.S. International Transactions, First Quarter, 1994," SURVEY 74 (June 1994): 86-127). In the international transactions accounts, the earnings component of direct investment income and the reinvested earnings component of capital outflows are adjusted to a current-cost basis, and direct investment current-account items are adjusted to be gross (before deduction) of U.S. and foreign withholding taxes. These adjustments are not made to the estimates in tables 3-18 in this report, because the source data needed to make the adjustments by country and industry are not available. IT International transactions Change Millions of dollars Percent Millions of dollars 1991 1992 1993 1992 1993 467,844 57,742 179,230 230,872 498,091 57,487 186,675 254,828 548,644 62,409 199,457 286,778 31,147 -255 7,445 23,956 49,653 4,921 12,782 31,950 Canada Petroleum Manufacturing . Other 70,711 10,050 32,042 28,620 68,832 8,170 33,068 27,594 70,395 8,840 34,062 27,492 -1,880 -1,880 1,026 -1,026 1,563 670 995 -102 Europe Petroleum Manufacturing . Other 235,163 23,895 92,302 118,966 246,228 23,721 94,338 128,169 269,156 24,203 96,752 148,201 11,065 -175 2,036 9,203 22,928 483 2,414 20,031 4.7 -.7 2.2 7.7 15.6 32,411 33,578 2,169 20,177 11,232 37,524 2,468 22,283 12,772 1,167 19,533 (°) 644 f°) 3,946 299 2,106 1,541 3.6 P) 3.3 P) 11.8 13.8 10.4 13.7 79,819 11,790 23,732 44,297 82,641 13,516 22,004 47,120 96,430 13,802 22,855 59,774 2,822 1,726 -1,728 2,823 13,789 285 851 12,653 3.5 16.7 Latin America and Other Western Hemisphere .. Petroleum Manufacturing Other 77,677 4,050 24,618 49,008 90,671 4,618 26,717 59,336 101,936 5,506 29,641 66,789 12,994 568 2,098 10,328 11,265 888 2,925 7,453 Asia and Pacific Petroleum Manufacturing Other 72,219 13,824 28,105 30,290 79,984 15,164 29,827 34,993 92,269 17,328 35,846 39,095 7,76© 1,341 1,722 4,703 12,285 2,164 6,019 4,102 Otiw Petroleum Manufacturing Other 9,390 4,403 2,163 2,825 10,084 4,427 2,726 2,932 11,757 5,184 3,156 3,417 694 24 563 107 1673 757 430 486 International 2,684 3,193 3,132 509 -61 Ail areas .... Petroleum Manufacturing Other Of which: Germany .... Petroleum Manufacturing Other United Kingdom Petroleum Manufacturing Other D Suppressed to avoid disclosure of data of individual companies. 1992 1993 6.7 -.4 4.2 10.4 1 -2,7 -18.7 3.2 -3.6 14.6 -7.3 6.4 16.7 14.0 8.5 21.1 10.8 9.7 6.1 15.5 7.4 .5 26.0 3.8 18.9 10.0 8.6 6.8 12.5 2.3 8.2 3.0 -.4 9.3 2.0 2.6 2.1 3.9 26.9 12.4 19.2 10.9 12.6 15.4 14.3 20.2 11.7 16.6 17.1 15.8 16.6 -1.9 SURVEY OF CURRENT BUSINESS August 1994 • 129 Table 4.—U.S. Direct Investment Position Abroad on a Historical-Cost Basis by Account [Millions of dollars] 1992 1993 Intercompany debt Total AH areas Petroleum Manufacturing Other Equity i U.S. Net parents' receivables Intercompany debt U.S. Total Equity1 parents' payables U.S. Net parents' receivables U.S. parents' payables 498,991 57,487 186,675 254,828 462,346 50,480 169,259 242,608 36,644 7,008 17,416 12,220 112,677 18,846 32,669 61,162 76,032 11,838 15,252 48,942 548,644 62,409 199,457 286,778 501,117 53,307 184,004 263,806 47,527 9,102 15,453 22,973 127,370 21,517 33,796 72,057 79,843 12,415 18,343 49,085 68832 8!l70 33,068 27,594 59,304 6,787 30,183 22,334 9,527 1,383 2,885 5,260 15,144 1,872 6,480 6,792 5,617 489 3,595 1,532 70,395 8,840 34,062 27,492 61,177 7,044 31,258 22,875 9,218 1,797 2,804 4,617 16,089 2,122 6,515 7,452 6,871 326 3,711 2,835 246,228 23,721 94,338 128,169 215,054 17,676 83,716 113,662 31,174 6,044 10,622 14,507 60,158 8,667 15,812 35,680 28,985 2,623 5,190 21,172 269,156 24,203 96,752 148,201 230,710 17,840 87,873 124,997 38,446 6,363 8,879 23,203 68,974 9,255 15,257 44,463 30,529 2,891 6,378 21,260 33,578 2,169 20,177 11,232 29,801 1,921 18,662 9,218 3,777 248 1,515 2,014 6,902 268 3,347 3,287 3,125 20 1,832 1,273 37,524 2,468 22,283 12,772 31,746 2,081 19,984 9,680 5,778 387 2,299 3,092 7,447 417 3,413 3,617 1,669 30 1,115 525 82,641 13,516 22,004 47,120 60,677 8,849 18,845 32,982 21,964 4,668 3,159 14,138 32,143 6,195 4,537 21,411 10,179 1,528 1,378 7,273 96,430 13,802 22,855 59,774 68,245 9,353 19,980 38,912 28,186 4,449 2,875 20,862 38,695 6,259 4,688 27,748 10,509 1,811 1,812 6,886 Latin America and Other Western Hemisphere Petroleum Manufacturing . . Other 90,671 .4,618 26,717 59,336 103,058 4,424 24,222 74,412 -12,387 194 2,495 -15,075 10,207 1,529 3,690 4,988 22,593 1,335 1,195 20,063 101,936 5,506 29,641 66,789 111,328 4,493 27,998 78,837 -9,392 1,013 1,643 -12,048 12,545 1,833 4,410 6,302 21,937 820 2,767 18,351 Asia and Pacific Petroleum Manufacturing .. Other 79,984 15,164 29,827 34,993 70,947 14,508 28,553 27,887 9,037 657 1,275 7,105 22,687 3,993 6,444 12,250 13,650 3,336 5,170 5,145 92,269 17,328 35,846 39,095 82,628 16,379 33,970 32,280 9,641 949 1,876 6,815 24,416 4,652 7,254 12,510 14,775 3,704 5,377 5,694 10,084 4,427 2,726 2,932 11,262 5,693 2,586 2,983 -1,178 -1,266 140 -52 3,391 2,485 242 664 4,569 3,751 102 716 11,757 5,184 3,156 3,417 12,611 6,247 2,906 3,459 -1,063 250 -41 4,211 3,243 361 608 5,066 4,306 111 649 3,193 2,721 471 1,088 617 3,132 2,663 469 1,134 665 .. Canada Manufacturing Other Europe .. Petroleum Manufacturing Other , Of which: Germany ... Petroleum Manufacturing Other United Kingdom Petroleum Manufacturing . Other Petroleum . . Manufacturing Other International .... . . . . 1. Includes capital stock, additional paid-in capital, retained earnings, and cumulative translation adjustments. -855 SURVEY OF CURRENT BUSINESS August 1994 Table 5.—Change in the Historical-Cost U.S. Direct Investment Position Abroad by Account [Millions of dollars] Capital outflows Valuation adjustments Intercompany debt Total Equity capital Total (2) d) Net Increases Decreases (3) (4) (5) Total Translation adjustments2 Other capital gains and losses Other (9) (10) (11) (12) (13) -14,607 -1,465 -7,223 -5,919 1,486 1,541 -1,860 1,804 -2,738 -924 -384 Reinvested earnings Net Increases in U.S. parents' receivables Increases in U.S. parents' payables x (6) (7) (8) 1992 31,147 All areas Petroleum Manufacturing Other. .. -255 7,445 23,956 41,587 71 16,858 24,658 14,438 944 6,876 6,618 26,635 2,325 8,780 15,530 12,197 1,381 1,904 8,912 15,059 -2,288 7,567 9,780 12,090 1,414 2,415 8,260 11,030 1,671 1,174 8,186 -1,060 256 -1,241 -74 -10,440 556 1,806 2,127 62 1,016 1,049 321 204 40 77 -4,093 -904 -663 -1,264 -1,925 -1,064 -1,011 5,530 801 391 72 -2,332 2,651 -6,817 247 -7,116 52 -11,245 Canada Petroleum Manufacturing Other -1,880 -1,880 1,026 -1,026 2,213 798 226 2,016 58 962 995 1,459 526 164 770 -148 -366 2,290 899 Europe Petroleum Manufacturing Other 11,065 17,882 3,489 -1,377 1,719 3,146 Of which: Germany Petroleum -175 -421 9,152 9,151 9,253 226 5,216 3,812 15,999 421 5,716 9,861 6,745 196 500 6,050 1,167 1,594 i,0(2D 1,405 280 A (D) 1,685 (D) 630 (D) 2,822 1,726 -1,728 2,823 6,068 1,443 1,091 3,534 5,677 (D) 1,991 (D) 7,448 (D) 2,079 P) 1,771 (D) 88 P) 12,994 568 2,098 10,328 12,725 359 2,876 9,490 2,728 473 466 1,789 4,260 525 649 3,086 1,532 52 182 1,297 7,766 1,341 1,722 4,703 7,265 1,053 1,859 4,352 1,201 (D) 119 (D) 3,331 2,129 694 24 563 107 758 -70 681 147 (D) 538 276 (D) P) 709 278 (D) 509 745 (D) (D) 644 988 United Kingdom Petroleum Manufacturing Other Latin America and Other Western Hemisphere Petroleum Manufacturing Other Asia and Pacific . . Petroleum Manufacturing Other Other Petroleum Manufacturing Other ..... International -468 2,036 9,203 -465 Other -976 C) 1,175 (D) ( S (D) -143 516 976 972 -299 5,140 730 2,217 2,193 586 -68 800 -397 -289 -327 218 -1,197 190 -1,131 -256 6,794 -122 2,887 4,028 -145 -115 4,844 72 -139 -221 433 1,589 (D) 231 (D) 3,227 3,203 8 -223 -478 -313 -140 P) 79 3,673 12 4,795 86 2,112 2,597 1,268 3,174 P) 541 P) 30 (°), 332 284 (D) -23 72 (D) (D) 100 i£(D) (°) 170 2 -$ (D) -586 (D) -275 -514 -71 -1,021 578 1,638 P) -371 P) -3,426 71 165 -3,661 1,906 -326 -9,413 -702 ^27 P) -439 -288 -405 -349 P) P) -252 -123 -451 3,559 -339 79 3,819 301 P) -308 2 P) P) P) -3,247 283 -2,819 -5,781 1,225 876 1,309 -257 152 1,406 -710 269 209 -778 838 501 288 -137 fi 143 -464 868 1,441 -1,320 747 P) -402 -330 3,413 -431 -77 -5,875 -4,514 -855 2,681 351 -64 94 -345 -2,713 -2,722 -515 26 -204 -337 667 175 -483 974 -249 118 7 -91 201 -47 51 -51 -47 713 195 38 480 -61 -21 -29 -11 150 104 -18 64 -153 -2 12 -246 -5,818 614 98 -2,585 3,101 45 (D) -27 P) -118 (D) (D) P) -236 10,882 1,964 -1,929 10,848 14,694 2,758 1,165 10,771 3,811 794 3,094 -77 -165 -108 -6,301 -1,975 -3,312 -2,398 945 244 81 620 1,254 -831 -1,258 165 1,252 -555 -269 -232 -564 -463 -6,134 -40 606 P) -166 42 -124 -83 12 -71 -94 1993 -8,441 17,423 241 9,432 7,750 24,322 1,405 11,345 11,572 6,898 1,164 1,913 3,821 29,789 2,882 11,580 15,327 885 2,243 87 1,158 999 1,357 295 588 474 1,818 478 1,064 275 -309 570 524 30,023 801 8,743 20,480 11,131 -45 6,563 4,613 13,197 370 7,178 5,649 2,066 415 615 1,036 11,620 553 3,216 7,851 7,272 293 -1,036 8,016 8,816 622 220 7,974 1,544 330 1,257 -42 -7,095 3,946 299 2,106 1,541 4,744 402 2,940 1,403 1,265 1,408 (D) 925 P) 143 (D) 113 (D) 1,478 235 835 409 2,001 (D) 1,293 (D) 545 (D) 602 (D) -1,456 P) -798 -103 -833 P) 138 13,789 285 851 12,653 13,886 171 1,763 11,952 3,317 1,082 389 199 494 4,319 677 271 3,371 6,250 6,581 57 183 6,341 331 283 441 -97 114 1,750 1,847 4,399 109 1,950 2,340 -393 701 -303 -177 Latin America and Other Western Hemisphere Petroleum Manufacturing Other 11,265 888 2,925 7,453 15,003 887 4,971 9,145 2,542 29 1,099 1,414 4,525 153 1,389 2,982 1,983 124 291 1,568 9,466 151 4,802 4,513 2,995 706 -656 -320 3,218 2,338 386 561 1,391 1,491 -1,827 -3,738 1 -2,046 -1,693 -338 -376 Asia and Pacific Petroleum Manufacturing Other 12,285 2,164 6,019 4,102 8,829 1,746 3,329 3,753 2,581 228 1,171 1,182 3,839 399 1,587 1,852 1,257 171 416 670 5,644 1,239 2,136 2,269 604 279 23 302 1,729 643 196 890 1,125 363 173 588 3,456 417 2,689 350 2,381 474 1,041 866 1,673 757 430 486 1,702 872 491 339 (D) P) 30 10 P33 (D) (D) 3 67 1,052 354 362 335 (D) (D) 99 -7 (D) $ -29 -115 107 -38 8 -31 -79 -14 -45 -20 -31 144 (D) P) 189 (D) (D) P) -205 49,653 4,921 12,782 31,950 58,094 5,086 19,083 33,925 Canada Petroleum Manufacturing Other 1,563 670 995 -209 -102 2,394 678 1,549 167 Europe Petroleum Manufacturing Other 22,928 483 2,414 20,031 Of which: Germany Petroleum Manufacturing Other United Kingdom Petroleum Manufacturing Other AH areas Petroleum Manufacturing Other Other Petroleum Manufacturing Other . International D . . . £ D ( ) -280 77 (D) Suppressed to avoid disclosure of data of individual companies. 1. An increase in U.S. parents' payables is a decrease in intercompany debt and, thus, a capital inflow. 2. Represents gains or losses that arise because of changes from the end of one accounting period to the next 408 -84 -632 -227 -258 6,734 -930 (D) -164 -691 7 -318 -322 -6,329 -3,406 -2,405 -448 -912 -61 147 55 176 -151 30 930 139 -371 1,162 -715 -102 -495 -118 16 19 -92 89 -455 922 88 -40 874 26 -724 -10 -3 -3,237 -155 -403 -2,679 373 49 160 164 -1,891 -135 -2,552 796 -99 -20 -247 167 -564 1 -569 4 -1,132 -4 -2,159 1,031 -1,882 16 450 -2,347 928 -31 119 840 147 -26 1,530 -1,357 -175 -188 -24 36 9 225 87 8 130 -210 in exchange rates applied in translating affiliates' assets and liabilities from foreign currencies into dollars. NOTE.—In this table, unlike in the international transactions accounts, reinvested earnings are shown without a current-cost adjustment. SURVEY OF CURRENT BUSINESS August 1994 Table 6.—U.S. Direct Investment Abroad: Earnings and Reinvestment Ratios [Millions of dollars or ratio] 1992 Total All areas Petroleum Manufacturing Other Distributed «, .54 .66 .59 .32 1,189 733 463 -7 .17 23,428 2,410 6,809 14,209 11,808 1,856 3,593 6,359 11,620 553 3,216 7,851 .50 .23 .47 .55 3,201 572 -2,009 4,638 8 .25 2,700 556 1,322 822 1,222 321 488 414 1,478 235 835 409 .55 .42 .63 .50 -64 90 -97 -57 (2) .42 (2) (2) 7,900 933 1,591 5,376 3,581 256 1,321 2,004 4,319 677 271 3,371 .55 .73 .17 .63 4,855 487 516 3,853 -661 .51 6,179 518 2,386 3,275 9,466 151 4,802 4,513 .61 .23 .67 .58 2,436 -24 2,831 -237 -297 .66 .49 15,645 669 7,188 7,788 -372 -857 4,795 86 2,112 2,597 .43 .03 .59 .59 11,606 3,197 3,670 4,739 5,963 1,959 1,535 2,469 5,644 1,239 2,136 2,269 .49 .39 .58 .48 378 -23 74 326 30 332 284 .01 (2) .78 .49 2,049 1,045 458 546 997 690 95 211 1,052 354 362 335 .51 .34 .79 .61 100 .38 241 51 189 .79 4,242 257 2,207 1,779 -1,197 190 -1,131 Latin America and Other Western Hemisphere Petroleum Manufacturino Other 13,210 693 4,357 8,160 6,416 815 1,470 4,131 6,794 2,887 4,028 Asia and Pacific Petroleum .. Manufactured Other 11,228 3,220 3,596 4,412 6,433 3,134 1,484 1,815 Other Petroleum Manufacturing Other 2,204 1,199 425 580 2,174 1,785 93 296 264 164 -148 -366 516 (2) -299 3,489 -1,377 1,719 3,146 (2) .19 .33 -397 -289 -327 218 -256 (2) -122 -586 -580 1,966 844 548 574 -4,930 -1,358 -3,506 -66 8,131 1,930 1,497 4,704 -1,940 1,876 524 1,161 191 -777 -111 -86 -434 -1,258 -248 -1 -886 226 917 -470 -1,175 51 654 32 -33 -1,177 -1,094 2 -85 -23 -112 -155 -154 5,516 488 1,401 3,627 2,672 273 1,914 485 848 1,153 23 -328 1,023 940 31 52 89 NOTE.—In this table, distributed earnings are shown before deduction of withholding taxes. Unlike in the international transactions accounts, earnings and reinvested earnings are shown without a current-cost adjustment. Table 7.—Selected Transactions with, and Position on a HistoricalCost Basis in, Netherlands Antillean Finance Affiliates [Millions of dollars] Line 1989 Direct investment position Equity1 Intercompany debt, net U.S. parents' receivables U.S. parents' payables 1990 1991 -8,493 9,069 -17,562 1,220 18,782 -4,698 8,451 -13,149 3,065 16,214 1992 -5,307 9,046 -14,353 157 194 8,867 -760 3,534 2,174 (D) 85 (D) (D) (D) 2,069 3,807 284 13 90 376 4,628 -3,864 4,413 1,845 -2,568 -1,226 -2,750 -1,524 12 13 Income (13 - 14 + 15) Earnings Withholding taxes on distributed earnings Interest (net of withholding taxes) -1,307 -957 -762 837 777 7 -2,137 11 -1,723 -23 8,650 -8,673 10,878 3,778 -1,134 764 -2,207 8,513 -10,721 316 Capital outflows Equity capital ... Reinvested earnings Intercompany debt, net Increases in U.S. parents' receivables Increases in U.S. parents' payables2 -620 1993 14,669 6 7 8 9 10 11 14 15 14,730 5,170 4,013 5,547 1,818 478 1,064 275 3,045 446 1,076 1,523 1 -7,704 -4,052 -2,622 -1,030 1,554 243 732 580 3,162 755 1,746 661 2 3 4 5 Reinvested 3,372 721 1,796 855 15,059 -2,288 7,567 9,780 1. Reinvested earnings divided by earnings. 2. Reinvestment ratio is not defined because reinvested earnings are negative. Distributed 7,026 1,118 1,391 4,517 2,764 466 1,419 879 International Total .53 .35 .58 .54 16,738 3,214 7,099 6,425 United Kingdom Petroleum Manufacturing Other Reinvestment ratio l 29,789 2,882 11,580 15,327 20,227 1,837 8,819 9,571 ... Reinvested 26,552 5,271 8,341 12,941 2,331 354 817 1,160 Of which: Germany Petroleum Manufacturing Other Distributed 56,341 8,152 19,921 28,268 2,183 -12 1,333 862 Europe Petroleum Manufacturing Other Total .31 (2) .41 .41 34,256 9,322 10,963 13,970 . Earnings Reinvestment ratio l Reinvested 49,315 7,034 18,530 23,750 Canada .. Petroleum Manufacturing Other 1992-93 change in earnings 1993 Earnings -446 706 572 -1,468 0 -1,018 42 64 37 -2,032 -304 536 0 -840 * Less than $500,000. 1. Includes capital stock, additional paid-in capital, retained earnings, and cumulative translation adjustments. 2. An increase in U.S. parents' payables is a decrease in intercompany debt and, thus, a capital inflow. NOTE—This table shows transactions with, and positions in, affiliates primarily established to borrow funds abroad and relend them to their U.S. parents. In this table, unlike in the international transactions accounts, income and interest are shown net of withholding taxes, and income, earnings, reinvested earnings, and capital outflows are shown without a current-cost adjustment. 132 • August 1994 SURVEY OF CURRENT BUSINESS Table 8.—U.S. Direct Investment Abroad: Income and Its Components [Millions of dollars] 1992 Withholding taxes on distributed earnings 1993 Interest (net of withholding taxes) Withholding taxes on distributed earnings Interest (net of withholding taxes) U.S. U.S. Net affiliates' payments affiliates' receipts Total (-col. 8 less col. 9 plus col. 10) (4) (5) (6) (7) (8) 174 2,513 56,623 8,557 20,289 27,778 56,341 8,152 19,921 28,268 947 129 471 347 1,229 533 839 656 152 129 376 36 1 25 10 4,005 861 1,822 1,322 3,372 721 1,796 855 115 24 61 29 748 165 87 497 794 166 112 517 46 1 24 20 1,309 344 631 334 2,573 369 757 1,446 1,263 26 126 1,112 24,264 2,653 7,336 14,276 23,428 2,410 6,809 14,209 361 35 121 206 1,197 278 647 272 2,283 295 710 1,277 1,086 18 63 1,005 244 40 128 76 237 -1 107 130 342 105 1 72 32 2,954 539 1,468 947 2,700 556 1,322 822 61 17 26 19 315 366 179 162 172 143 18 172 52 0 22 29 3,045 446 1,076 1,523 102 20 57 25 1,152 277 214 661 1,389 293 236 860 238 17 23 199 8,763 1,131 1,772 5,860 7,900 933 1,591 5,376 74 9 27 37 936 207 208 521 1,089 225 215 650 153 17 7 129 11,864 712 4,292 6,859 13,210 693 4,357 8,160 170 6 129 35 -1,176 25 65 -1,266 189 25 75 89 1,365 1,355 8 14,496 704 7,058 6,733 15,645 669 7,188 7,788 262 18 189 55 53 60 1,000 243 53 75 114 1,130 1 16 1,114 Asia and Pacific Petroleum Manufacturing Other 11,254 3,209 3,579 4,465 11,228 3,220 3,596 4,412 166 27 91 47 192 17 75 100 236 22 88 126 44 5 13 25 11,570 3,177 3,620 4,773 11,606 3,197 3,670 4,739 191 42 94 56 155 21 44 90 212 27 61 124 57 6 17 34 Other Petroleum Manufactured Other 2,199 1,203 419 576 2,204 1,199 425 580 23 14 7 1 18 19 1 -2 30 23 1 6 12 4 'l 2,039 1,045 453 542 2,049 1,045 458 546 18 11 6 1 8 11 2 -4 18 12 2 5 10 1 0 9 284 264 n 21 24 3 249 241 n 9 10 1 Total (-col.2 less col. 3 plus col. 4) Earnings (D (2) 49,123 7,443 18,830 22,851 49,315 7,034 18,530 23,750 1,175 166 576 432 Canada Petroleum Manufacturing Other .. 2,653 101 1,396 1,156 2,183 -12 1,333 862 150 37 41 72 620 150 104 366 Europe ... Petroleum Manufacturing Other .. 20,869 2,099 9,143 9,628 20,227 1,837 8,819 9,571 667 82 308 277 Of which Germany .. Petroleum Manufacturing Other 2,757 426 1,398 934 2,764 466 1,419 879 United Kingdom Petroleum Manufacturing Other 4,095 703 1,232 2,159 Latin America and Other Western Hemisphere Petroleum Manufacturing Other Ail areas Petroleum Man ufactu rind Other "' International (3) 984 575 876 -467 * Less than $500,000 (±). NOTE—In this table, unlike in the international transactions accounts, income and interest are shown net of withholding taxes, and income and earnings are shown without a current-cost adjustment. 3,708 612 1,050 2,045 n *$ ( Earnings (9) U.S. U.S. Net affiliatespayments affiliates' receipts (10) (11) (12) -143 n -888 3,559 560 959 2,040 w» 120 2,183 August 1994 • 133 SURVEY OF CURRENT BUSINESS Table 9.--U.S. Direct Investment Abroad: Royalties and License Fees and Charges for Other Services [Millions of dollars] 1993 1992 Charges for other services1 Royalties and license fees U.S. Net affiliates' payments U.S. affiliates' receipts Net Charges for other services1 Royalties and license fees U.S. U.S. affiliates' payments affiliates' receipts U.S. Net affiliates' payments U.S. affiliates' receipts Net U.S. U.S. affiliates' payments affiliates' receipts 14,285 6 9,806 4,473 14,466 6 9,847 4,613 180 C) 4,880 805 2,238 1,837 10,221 958 4,927 4,337 5,342 153 2,689 2,500 14,180 9 9,624 4,548 14,401 9 9,692 4,700 221 0 68 153 4,908 673 2,241 1,994 10,497 902 4,785 4,810 5,589 229 2,544 2,815 Canada Petroleum Manufacturing Other 1,009 (*) 767 241 1,020 1 771 248 11 1,257 24 1,802 135 1,129 537 545 111 (D) (D) 1,006 1 775 230 1,022 1 782 239 17 0 7 10 1,292 -30 949 373 1,880 109 1,232 539 587 139 282 166 Europe Petroleum Manufacturing Other 9,717 2 6,512 3,203 9,820 2 6,545 3,273 103 0 33 70 2,199 5,360 393 2,710 2,257 3,161 8 1,716 1,438 8,986 4 5,978 3,004 9,148 4 6,029 3,115 162 0 51 112 2,135 315 834 986 5,291 358 2,440 2,493 3,156 43 1,606 1,507 1,896 0 1,542 353 1,916 0 1,554 361 20 0 12 8 -119 P) -199 553 672 1,856 2 1,444 410 33 0 18 15 581 A 1,823 2 1,426 395 -30 fi fi P) 611 1 P) P) 1,730 1 1,188 540 1,760 1 1,197 563 31 0 9 22 489 1,550 34 0 7 27 198 -J3P) 1,547 170 437 940 1,349 P) 653 P) 538 1 385 151 539 1 386 152 Asia and Pacific Petroleum Manufacturing Other 2,902 2 2,099 861 Other Petroleum Manufacturing Other All areas Petroleum Manufacturing Other v Of which: Germany Petroleum Manufacturing Other . . . . . United Kingdom Petroleum Manufacturing Other Latin America and Other Western Hemisphere Petroleum Manufacturing Other international 41 140 n 384 995 820 (D) (D) 137 72 -fl (D) 1,181 (D) 622 (D) 1,072 477 1,584 1 1,079 504 2 0 1 1 471 (D) 145 P) 710 98 185 426 239 P) 40 (D) 690 1 510 179 697 1 513 182 6 0 3 3 539 P) 227 P) 794 105 276 413 255 P) 49 P) 3,025 2 2,101 921 63 0 3 61 815 126 (D) (D) 1,982 130 881 972 1,167 4 3,438 2 2,314 1,122 3,473 2 2,321 1,150 35 0 7 28 823 133 217 472 2,162 138 819 1,205 1,339 4 602 733 56 0 43 13 57 0 43 14 1 0 224 171 57 3 60 0 48 13 61 0 48 13 1 0 0 1 182 158 14 10 254 159 19 77 72 1 5 66 4 4 0 0 0 -63 116 179 R 8 281 174 21 85 0 -86 87 8 173 ty were $444 million, and receipts of film and television tape rentals were $701 million; U.S. parents' payments were $5,444 million, $145 million, and less than $500 thousand, respectively. NOTE.—In this table, unlike in the international transactions accounts, royalties and license fees and charges for other services are shown net of withholding taxes. Table 10,—U.S. Direct Investment Abroad: Position on a Historical-Cost Basis and Balance of Payments Flows, 1989-93 [Millions of dollars] 1989 Direct investment position 8 1,671 204 469 998 * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. 1. Consists of service charges, rentals for the use of tangible property, and film and television tape rentals. In 1993, U.S. parents' receipts of service charges were $9,352 million, receipts of rentals for the use of tangible proper- 8 7 1990 1991 1992 1993 381 781 430 521 467 844 498 991 548644 Capital outflows (inflows(-)) Equity capital Reinvested earnings Intercompany debt 37604 6395 12697 18,512 30982 8739 21 436 32696 17682 18327 -3,313 41 587 14438 15059 12,090 58094 17,423 29789 10,882 Income 53,929 58004 52,087 49,123 56,623 Royalties and license fees, net receipts U.S. parents' receipts U S. parents' payments 10,014 10082 68 11,998 12224 226 12,970 13128 158 14,285 14466 180 14,180 14401 221 Charges for other services net receipts l U.S. parents' receipts U.S. parents' payments 4333 4199 9117 9532 5334 4434 9694 5260 4880 10221 5342 4908 10497 5589 4783 '807 1. Consists of service charges, rentals for the use of tangible property, and film and television tape rentals. NOTE.—In this table, unlike in the international transactions accounts, income, royalties and license fees, and charges for other services are shown net of withholding taxes, and capital outflows, reinvested earnings, and income are shown without a currentcost adjustment. SURVEY OF CURRENT BUSINESS 134 • August 1994 Table 11.1.—U.S. Direct Investment Position Abroad on a Historical-Cost Basis, 1990 [Millions of dollars] Manufacturing All countries Canada Europe Austria .. Belgium Denmark Finland . France .. Germany Greece . Ireland .. Italy Luxembourg Netherlands Norway . Portugal Spain .... Sweden Switzerland Turkey .. United Kingdom Other All industries Petroleum 430,521 52,826 69,508 10,494 214,739 1,113 9,464 1,726 544 19,164 21,326 (D) 505 27,609 282 5,894 14,063 1,697 19,120 (D) 15 -8 P) 34 1,429 4,209 897 7,868 1,787 25,099 522 72,707 974 '3,537 (D) 171 2 623 37,988 10,520 30,875 15,550 21,522 38,140 43,681 20,670 109,657 13,446 2,538 6,056 2,839 2,986 1,847 7,000 10,009 5,368 1,076 11,661 2,185 5,450 85,030 280 4,950 379 86 11,557 7,833 20,103 16 2,736 M. a 5,843 91 199 35 2 433 8,478 P) 175 n 25,815 375 1,590 519 368 3,300 60,636 105 1,893 315 0 1,789 8,707 24 313 146 6 752 4,108 P) 55 0 614 18,284 56 1,119 P) 47 2,898 9,119 48 158 3,107 193 43 (D) 506 19,562 P) 198 -4 9 3,650 16,141 111 3,716 9,069 845 6,547 1,075 2,842 73 1,071 2,109 (D) 2,825 1,312 0 149 265 (D) 529 3,644 0 546 3,704 P) 1,101 956 5 646 554 4 632 3,620 0 73 335 P) 61 2,691 33 1,007 1,439 P) 582 2,234 67 P) 1,694 P) 1,606 1,578 P) 3,790 P) 1,871 1,279 508 7,458 898 P) P) 44 224 -4 163 0 P) 1,166 SP) 354 229 1,098 519 7,725 P) 3,898 141 46 194 1,006 P) 1,410 76 2,830 P) 27,971 P) 2,816 23,655 2,985 4,954 14,522 1,336 11,494 226 593 79 58 674 62 1,670 334 1,030 19 155 18 6 68 39 2,738 367 1,766 132 212 15 23 223 n 23 8,283 160 60 117 7,784 160 2 1,270 34 29 (D) 1,119 26 (D) 1,915 76 13 2 1,703 115 6 (D) 15 -2 1 345 (D) 5 850 45 0 3 1 3 301 963 2 49 P) Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands, Caribbean Other 28,065 4,004 252 20,169 529 625 -4,501 485 5,929 574 1,222 345 86 Africa Egypt ... Nigeria South Africa Other .. 3,650 1,231 2,054 1,073 -401 1$ Middle East Israel .. Saudi Arabia United Arab Emirates Other .. Asia and Pacific Australia China ... Hong Kong India .... Indonesia Japan . Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other . . International Addenda: Eastern Europe 1 European Communities (12)2 OPEC3 0 817 24 2,741 0 20,415 251 130 262 10,313 9,289 169 P J2 78 524 15 116 57 P) p) 848 59 32 473 284 3,959 746 1,899 409 905 1,317 (D) 967 396 570 64,718 15,110 354 6,055 372 3,207 22,599 2,695 1,466 3,156 1,355 3,975 2,226 1,790 356 12,214 2,801 114 234 (D) 2,751 3,988 71 402 320 (D) 650 2 626 120 2,535 1,226 127 180,491 7,145 1 16,665 3,453 £ 932 <8 663 10 85 -2 1,604 0 Central America Costa Rica Guatemala Honduras Mexico Panama Other 775 2,045 330 231 1 348 17 80 826 87 147 47 3,918 (D) 2,011 471 507 P) 461 102 P) n 26,391 5,574 138 1,756 220 120 11,182 1,269 745 276 675 2,143 1,469 768 57 2 92 855 8 8 5 0 (D) (D) 3 p1 n^ 119 (DD) (31) 0 6 1 P) P) 209 P) 4,654 H 1.& P) 52 2,295 7 157 P) P) 6,233 0 1,699 3,101 1,551 3,646 5,719 970 2,568 P) 2,243 1 0 0 0 835 27 731 P) 1,885 49 1,669 8 q 3,855 216 3,088 168 146 21 P)0 1 42 0 0 89 0 8 532 0 0 0 532 0 0 689 12 0 0 676 0 2 1,762 0 0 0 1,762 0 0 P) 23 19 n0 26 0 4 0 0 0 0 0 0 0 0 0 0 0 & fl -141 26 13 T0 0 -3 T0 0 0 0 0 0 0 0 «J0 (D } "o 0 (D0 ^ n 3,328 233 43 118 P) TP) T T s 1,429 26 163 125 P) P) 425 13 130 939 21 3 12 551 346 7 8 0 3 2 8,516 0 4 P) 619 7,876 P) 426 3 3 P) 291 107 P) 1,280 65 9 P) 963 19,307 1,322 39 19,365 308 -11 620 SP) P) P) P) 8P) 81 a 2 1,070 270 85 517 16 39 22 0 117 3 4,689 2,032 2,482 P) 12 3,233 P) 113 46 P) 0 P) T8 J3 0 15 8 (E 2 34 1 8 230 3 3 6 218 51 7 3 5 37 196 4 0 P) P) 145 P) 104 P) 10 5,930 265 10 1,052 2,356 270 P) 3 0 1,682 238 0 P) 0 9,275 1,598 106 2,084 10 P) 3,540 298 91 193 107 731 285 173 P) 4,129 1,092 8 3,940 1,186 29 P) 27 P) 1,513 286 105 82 76 P) 122 P) 5,770 1,246 1 854 P) 1,399 547 7 233 9 P) 404 P) 5,540 2,254 -12 317 3 239 376 P) 11 57 45 34 0 2,138 50 35 45 33 P) 5,057 518 P) 221 54 P) 3,144 40 4 2 -5 755 -10 P) n 967 2,601 168 1,433 873 30 137 32 87 15 4 867 378 191 7 10 235 (D) 56 39 30,424 1,330 337 513 360 P) 937 118 6,140 2,015 29 117 123 61 2,403 312 52 82 215 112 443 121 56 i 6,028 807 150 157 163 79 28 66 179 -15 205 0 P) -4 P) 2,101 942 12 28 3 254 42 2 (D) 16 25 P) 30 9 ,$27 T 116 250 P) 33 60 P) |J |D P) 106 417 50 710 P) 2,954 32 P) 3 38 0 P) 8 fl 13 11 1 0 0 T 552 262 4 4 0 0 0 8 T 25 0 n -4 1,679 21 536 0 60 16 0 a P) a ap) 333 328 5 0 0 8* 61 i£ 8 n( 'j1 85 P) 69 23 13,222 20,077 1 110 P) 157 3 0 141 14 3 106 20 435 298 140 Other industries 157 39 P) 61 P) 162 (D) 8 <1 Wholesale trade 37 P) 0 15 P) 47 199 25 15 115 44 1,634 160 575 38 139 1,022 785 237 n a 0 0 0 n n 577 103 61 339 922 29 P) 249 237 290 131 P) an 2,769 121 183 194 P) 123 91 25 P) B 1,309 81,776 1,478 0 7,376 114 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. Eastern Europe comprises Albania, Bulgaria, Czechoslovakia, Hungary, Poland, Romania, and the Union of Soviet Socialist Republics. D Services 15,570 4,196 682 128 Banking 33,274 22,933 2,531 14,384 1,896 1,677 280 599 1,087 479 fl 204 Other manufacturing 170,164 71,413 . . . Transportation equipment Finance (except banking), insurance, and real estate Chemicals and allied products 10,347 32 South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other Electric and electronic equipment Food and kindred products Total 132 274 4,991 1,126 1,341 225 23,198 63 Latin America and Other Western Hemisphere Machinery, except electrical Primary and fabricated metals 0 19,776 823 0 4,814 70 18,42£ 40 P) 5,485 64 7 8,353 93 0 17,544 275 P) 16,281 356 P) 7,058 363 1 46,959 916 4 7,825 143 4 3,927 436 2. The European Communities (12) comprises Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, and the United Kingdom. 3. OPEC is the Organization of Petroleum Exporting Countries. Its members are Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela. SURVEY OF CURRENT BUSINESS August 1994 • 1J5 Table 11.2.—U.S. Direct Investment Position Abroad on a Historical-Cost Basis, 1991 [Millions of dollars] Manufacturing All countries Canada Europe Austria Belgium Denmark Finland France Germany Greece Ireland Italy Luxembourg Netherlands Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other ... , All industries Petroleum 467,844 57,742 70,711 10,050 235,163 1,268 10,611 1,940 386 21,569 23,895 (D) 329 (D) Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing Banking Finance (except banking), insurance, and real estate Services Other industries Food and kindred products Chemicals and allied products Primary and fabricated metals 179,230 17,148 40,613 9,515 32,079 15,383 23,341 41,152 49,927 21,283 120,552 15,781 23,330 32,042 2,818 5,304 2,927 2,417 2,126 6,586 9,862 6,848 1,078 12,040 3,038 5,615 92,302 450 5,361 404 66 13,015 8,020 31 378 257 1 1,058 22,721 21 3,382 (D) 10 3,871 4,558 3 200 42 5 427 21,043 60 113 5,797 155 145 7 10,035 27,553 379 1,735 570 228 3,343 9,136 47 125 66,420 68 2,294 322 0 2,234 9,663 P) 705 148 6 870 6,193 -1 63 9 P) P) 1,496 (D) 243 706 0 562 3,406 70 1,276 2,448 (D) 3,072 652 53 P) 338 P) 1,225 P) 0 P) 708 P) 592 2 Total 8 8 fi 32,411 306 6,471 15,085 1,734 20,293 28 1,808 19,533 134 4,156 9,209 853 6,587 4,318 1,034 8,088 2,323 25,682 545 79,819 1,282 3,714 61 136 (D) 582 (D) 11,790 92 91 355 5,180 1,623 998 356 23,732 198 56 (D) 29 2,372 18 % Wholesale trade 3,528 n 417 8 <2 623 20,128 P) P) 73 P) 3,091 1,052 0 180 255 (D) 443 5,082 0 443 3,535 P) 964 853 P) 702 371 P) 433 4,939 0 70 324 P) 76 2,704 P) 1,242 1,570 P) 1,038 2,480 52 35 2,147 50 2,026 1,639 280 188 127 4,369 2 1,805 1,898 593 7,928 6 154 850 85 165 54 3,693 (D) 1 (D) 197 14 90 P) 1,517 0 P) 2 952 P) 152 P) 4,889 7 P) 80 208 5 159 6 2,185 P) 0 82 2,217 8 59 34 945 208 P) 44 6,859 P) 231 265 984 521 8,085 24 4,243 157 47 199 1,103 P) 1,458 128 2,874 P) 126 12 147 48 13,591 P) 30,724 P) 12 142 448 56 905 P) 3,836 39 96 0 90 91 63 1 2,619 52 a i,Sn 8 294 ( 1 77,677 4,050 24,618 3,537 5,465 1,135 2,611 1,427 4,292 6,151 4,462 6,417 32,599 1,190 4,341 South America Argentina Brazil .. Chile .. Colombia Ecuador Peru .. Venezuela Other 24,607 2,831 14,997 2,069 1,876 321 492 1,427 594 2,293 441 618 1,889 404 1,112 26 179 22 5 90 51 2,930 351 2,035 71 234 4 8 227 -1 772 P) 801 -187 30 14 P) 42 3 2,139 P) 2,021 1 0 0 0 P) 0 760 34 649 P) 19 9 1,978 22 1,782 4,071 218 3,225 167 1,524 361 647 346 2,955 302 1,618 887 14 P) 57 50 P) 238 49 116 P) -8 0 P) 18 18 1,716 43 232 343 146 (D) 214 155 14,538 1,176 11,626 89 681 79 35 780 70 Central America Costa Rica Guatemala . . . . Honduras Mexico Panama Other . 23,939 417 107 255 12,501 10,484 175 940 16 13 -8 P) 667 (D) 9,554 226 75 109 8,978 152 14 1,587 90 34 66 1,382 2,226 80 15 10 2,004 112 5 P) 14 -3 1 349 P) 472 0 0 0 472 0 0 9 0 1 3 P) 9,605 0 P) 16 670 8,910 P) 552 5 3 P) 317 191 P) 1,884 23 P) Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands, Caribbean Other 29,131 3,864 291 22,262 661 763 -5,072 510 5,397 455 816 78 35 -90 527 61 15 3 1 3 (D) 4 6 0 (D) 310 •30 20,040 1,530 60 21,150 P) 3 -5,307 16 2,564 P) 400 -18 P) 40 741 69 C) p 282 P) P) P) P) P) P) 4,427 1,246 529 868 1,784 2,668 1,048 423 (D) 3 P) 18 18 104 (D) 175 3 1 42 129 175 3 0 159 12 60 15 3 5 37 170 3 0 P) P) 4,963 826 2,303 416 1,419 1,735 (D) 36 (D) 27 Latin America and Other Western Hemisphere Africa EdVDt . Nigeria '. South Africa Other '. '. '. '. II LZ™;7 JL" '. Middle East Israel Saudi Arabia . United Arab Emirates Other Asia and Pacific Australia China Hono Kona India Indonesia japan Korea Republic of Malaysia New Zealand Philippines SinoaDore Taiwan Thailand Other W . . . . . . . . ^MfVIW International . Addenda; Eastern Europe 1 European Communities (12)2 OPEC3 .. 4 a'S i 332 8 8 235 1,381 72,219 16,072 426 6,656 415 3,826 25,403 2,900 1,774 2,949 1,395 5,363 2,666 2,025 348 13,824 2,462 117 354 2,684 1,520 307 199,361 9,729 58 19,094 5,292 3,350 4,603 70 480 341 (D) 958 16 775 P) T3 105 164 10 97 68 P) 911 53 57 506 295 1,252 491 736 25 0 28,105 6,170 196 1,257 210 177 11,463 1,226 1,031 455 818 2,558 1,724 780 40 a a a 62 (D) 0 0 2,636 1,237 12 (D) 6 699 209 8 6 294 D () 65 42 1 s 6 (D) 41 0 8 6,235 2,005 54 125 128 76 2,422 262 54 91 270 43 534 134 37 T 0 0 -3 234 16 641 7 0 0 632 0 2 2,314 0 0 0 2,314 0 0 P) 35 29 32 1,825 16 P) 1,395 148 -3 5 750 493 2 27 0 3 0 P) 0 0 0 0 0 0 0 0 0 0 0 0 0 P) 1,723 127 121 877 8 536 6 0 4,884 2,087 24 8 2,612 P) 168 0 178 33 137 91 P) 15 46 P) 5 18 P) S P) 8 °0 P) P) 303 4 4 9 287 39 16 1 22 0 420 411 6 3 0 4 4 0 0 0 36 2 33 0 125 P) 225 0 1,177 126 221 138 62 14 8 229 P) 146 P) 48 5,795 570 12 244 46 5,562 371 P) 424 6 P) 1,284 165 810 30 147 1,193 828 292 1 2,378 370 P) 4,807 1,356 38 373 16 P) 1,864 306 124 302 83 P) 100 P) 10,761 1,532 94 2,122 4,291 886 8,013 1,799 1 1,585 1,608 573 P) 308 11 9 518 27 -1 P) 186 210 82 44 0 5,617 2,650 1 ( 0 0 0 8 0 0 692 260 -1 P) 11 4 183 51 4 P) 18 26 P) 37 -1 0 0 0 0 ( 1 'l ^ 0 3$ 83 31 2 -5 1,042 130 P) 2 51 P) 3 0 1,667 149 0 P) 11 34 P) 0 0 aP) n 1 82 11 0 a n n 100 P) 8 4,652 404 107 103 112 945 392 202 32 p l 9 P) 94 " 2 § ap) & 160 72 307 1,036 48 233 305 167 P) 3 3,457 152 91 202 P) 414 92 27 P) ( l1 P) ?! i£n 27 ^ fi fl 403 -15 20 1,866 84 45 54 30 -10 1,164 119 88,519 1,857 P) 7,888 157 Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. Eastern Europe comprises Albania, Bulgaria, Czechoslovakia, Estonia, Hungary, Latvia, Lithuania, Poland, Ro- D T 126 0 1,343 458 138 235 107 36 91 231 47 «*8 1,004 0 4,357 73 7 19,519 95 >) 5,413 65 8 9,766 138 mania, and the Union of Soviet Socialist Republics. 2. See footnote 2, table 11.1. 3. See footnote 3, table 11.1. P) 19,271 325 20 17,929 445 73 6,933 357 P) 52,329 1,121 4 8,657 118 P) 5,899 539 SURVEY OF CURRENT BUSINESS August1994 Table 11.3.—U.S. Direct Investment Position Abroad on a Historical-Cost Basis, 1992 [Millions of dollars] Manufacturing Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing Banking Finance (except banking), insurance, and real estate Services Other industries 25,394 Food and kindred products Chemicals and allied products Primary and fabricated metals 186,675 20,196 43,903 9,486 29,719 15,461 25,498 42,412 52,668 24,081 135,600 17,086 33,068 3,172 5,712 2,883 2,131 1,789 7,490 9,891 6,144 874 12,625 2,869 5,081 94,338 694 5,698 315 90 13,311 9,671 34 458 136 1 1,338 24,519 22 3,442 (D) 14 4,401 4,496 2 220 50 4 427 1*878 5,965 124 129 10,504 (D) P) 72,045 83 2,494 322 1 3,838 11,093 P) 740 118 7 964 6,280 510 29,018 288 1,845 547 183 4,437 9,732 42 ( 2,9 S 20,245 P) 935 107 P) 2,929 2,169 (D) 173 403 31 1,557 20,177 134 4,737 8,664 842 7,488 1,907 (D) 3,820 68 1,517 2,550 952 0 151 214 883 P) 866 346 2,973 28 1,639 1,454 4,396 P) 2,415 1,873 681 6,401 770 1,541 0 8 2,477 59 59 2,025 33 2,346 2,048 3$ 4,902 0 200 3,180 (D) 888 3,824 1,225 8,345 1,887 29,190 674 82,641 1,741 3,166 (D) 125 38 322 (D) 13,516 180 80 354 5,208 1,240 2,408 444 22,004 450 (D) 102 509 (D) 71 207 1,039 P) 1,764 114 2,811 P) 90,671 4,618 South America Argentina Brazil Chile Colombia. Ecuador Peru Venezuela Other 28,360 3,399 16,343 2,655 2,436 294 620 1,977 636 2,920 515 741 Central America Costa Rica Guatemala Honduras Mexico Panama Other 25,863 275 115 239 13,723 11,329 182 1,051 -45 21 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other 36,448 4,733 494 25,668 779 892 -2,072 565 5,315 72 647 67 39 4,440 1,337 301 879 1,922 2,419 1,122 198 5,644 1,358 2,351 429 1,506 2,007 79,984 16,885 516 8,730 485 4,472 26,590 2,850 1,598 3,206 1,724 6,728 2,910 2,595 696 15,164 2,601 80 450 (D) 3,899 4,767 72 351 404 3,193 1,388 743 207,170 10,779 147 1.9,615 5,661 All countries Canada Europe Austria Belgium Denmark Finland France Germany Greece Ireland Italy Luxembourg Netherlands . . Norway Portuoal Spain Sweden Switzerland Turkey United Kingdom Other . ...... Latin America and Other Western Hemisphere Africa Eavot N^a' ""'":1'"";:::::::;;;:::":;!:::;;::.:::;:;;".":;;::::.;!:";:::::::;:::;:::::":::.:": South Africa Other Middle East Israel Saudi Arabia United Arab Emirates Other Asia and Pacific Australia China Hono Kono India U Indonesia Japan Korea Republic of Malaysia New Zealand Philiooines Sinaaoore Taiwan Thailand Other Wll . . . . \0MfSVIV International Addenda: Eastern Europe 1 European Communities (12)2 OPEC3 .. All industries Petroleum 498,991 57,487 68,832 8,170 246,228 1,378 11,115 1,676 364 24,709 23,721 (D) 194 33,578 372 7,686 13,899 1,783 20,142 9?3 137 (D) 199 140 8 744 127 (D) 42 31 R 8 233 1,600 J8 A 172 Total A 0 634 2,172 83 5 153 794 100 173 125 3,441 P) 26,717 4,083 15,924 1,326 12,218 178 741 88 18 1,280 74 ( 'l a P) <2 744 4,741 0 A-3 93 i£ 57 P) 874 163 336 T 164 184 129 109 (D) 1,450 (D) 12 2 601 888 159 (D) 4,822 (D) 59 211 6 191 P) 2,194 (D) 0 -8 2,004 P) 8 73 1,865 8 7, 225 319 1,175 432 8,449 19 3,923 178 5,671 1,190 2,507 1,499 5,176 6,590 4,752 2,345 466 1,373 35 184 26 3 201 57 3,168 415 2,180 73 246 838 (D) 796 -127 30 16 (D) 47 3 2,071 (D) 1,971 1 0 0 0 722 35 606 9 24 2,568 22 2,024 4,212 253 3,268 1,437 482 152 304 108 38 63 200 90 10,231 278 85 117 9,608 132 11 1,691 110 42 (D) 1,371 98 (D) 2,181 83 13 11 2,051 18 6 1,245 46 -4 6 812 382 3 47 0 2 5 P) P) 2 10,665 0 6 P) 794 9,841 P) 562 47 16 3 P) 3 0 5 7 0 (D) 322 2,070 113 310 804 7 668 12 0 153 3 5,997 3,022 25,890 1,462 67 24,425 P) 3 P) 2,877 P) -2,207 16 2,103 P) 155 136 91 P) 0 P) 166 21 22 122 1 12,433 1,663 76 2,804 26 47 5,284 277 103 108 108 1,138 517 243 40 n 3 134 160 (D) 89 70 43 g 963 74 64 486 339 160 1,762 947 807 8 64 n 29,827 6,379 306 1,433 203 144 11,838 1,201 926 625 1,022 3,150 1,759 799 41 96 fi 0 3,045 1,268 69 P) P) 698 247 9 196 339 975 1 n 255 -1 T 8 148 2 A22 D () 18 -3 2 P) 6 T0 838 T T0 0 °0 0 p)0 0 0 0 0 0 8 a 28 0 461 0 <3 749 24 0 0 724 0 2 2,608 0 0 0 2,608 0 0 2,210 43 33 28 0 3 0 ^ ( 0) 0 0 0 0 0 0 0 0 0 0 48 4 59 P) 8 22 P) «£}16 P) 168 n 1 0 -3 (D) 0 0 0 0 h 17 134 (D) 179 5 2 45 127 104 4 0 84 16 a 33 (D) ri n °0 0 18 16 2 0 0 593 580 5 8 0 3 3 0 0 0 n 7,008 2,234 47 158 118 55 2,767 239 67 95 388 25 652 122 38 705 189 -3 P) 11 5 231 49 6 5 24 28 6,080 449 14 209 51 (D) 3,617 78 -133 0 -5 1,463 91 5,568 283 3 533 5 (D) 1,150 183 844 (D) 158 1,345 805 218 1 2,206 418 5,215 1,538 R A13 aT s { 9 0 D0 D « 4 0 1,560 19 0 <3P) B o 0 109 2 «0 P) 148 43 0 P) 1,814 387 132 302 107 186 64 109 C) P) a 527 3 1,530 § R % 9 691 124 36 209 33,706 192 17 178 421 61 985 P) 4,381 53 P) 2,299 P) 8,049 40,277 1,206 5,054 2,005 427 1,010 359 P) 3,722 545 1,923 1,084 16 260 58 99 2,092 46 200 511 140 P) 169 77 15,186 n 876 P) T a ( 30 % 8 9 23 P) 400 P) 190 521 5 2,104 -9 3 37 1,947 A 141 P) 424 5 P) 113 P) 18 P) 65 8 858 1 a R n P* 436 5 P) P) 431 83 41 4 5 32 247 3 0 76 167 141 0 1,085 160 281 158 69 29 26 201 5,149 1,011 9,132 2,054 12 2,335 P) 8 3,282 165 103 190 1,554 471 6,726 2,705 P) 483 98 233 P) 266 1,125 91 P) 341 386 331 230 155 § A 160 a & 15 P) 566 28 1 76 47 0 A 8 <fl 589 -17 23 1,885 61 61 P) R 1,805 334 88,932 2,395 82 8,279 275 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. Eastern Europe comprises Albania, Armenia, Azerbaijan, Belarus, Bulgaria, Czechoslovakia, Estonia, Georgia, Hungary, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Poland, Romania, Russia, Tajikstan, Turkmenistan, 0 8 Wholesale trade 12 23,957 1,071 4.S 86 17$ 50 Ukraine, and Uzbekistan. 2. See footnote 2, table 11.1. 3. See footnote 3, table 11.1. 5$ 71 8 10,117 474 19,077 368 31 19,245 461 100 7,158 418 P) 56,366 990 5 9,929 173 P) 5,926 681 August 1994 • 137 SURVEY OF CURRENT BUSINESS Table 11.4.-U.S. Direct Investment Position Abroad on a Historical-Cost Basis, 1993 {Millions of dollars] Manufacturing 46,135 9,922 29,736 18,353 26,229 46,502 57,645 26,720 155,597 18,104 28,713 5,032 2,745 2,240 1,623 8,720 10,059 6,653 623 12,242 2,425 5,349 96,752 578 5,557 206 127 13,257 9,956 411 25,441 25 3,415 4,903 2 240 17,753 54 56 *•£ 8 11,372 P) 97 1,267 4,536 6,494 P) 215 15 2 359 85,111 110 2,794 363 1 2,374 12,151 12 708 113 7 996 7,373 P) 91 20 P) 868 2,054 3,812 50 2,340 2,607 5,107 34 3,389 1,816 753 5,199 862 352 30 1,055 22,283 125 5,122 8,745 1,289 7,775 fi513 1,630 0 52 227 P) 791 3,136 (D) 140 1 629 P) 13,802 196 584 340 3,481 1,166 1,923 606 22,855 734 (D) 160 622 17 (D) 128 2,314 176 101,936 5,506 29,641 30,921 4,355 16,908 2,869 2,542 511 631 2,295 809 3,074 566 738 (D) 758 355 (D) 198 199 17,135 1,993 12,574 229 769 97 20 1,371 82 28,966 385 138 223 15,413 12,575 232 1,132 2 28 11,569 339 102 144 10,802 169 12 2,640 134 51 (D) 2,334 2,652 97 23 3 2,392 3 '8 42,049 4,194 644 28,153 1,020 1,077 20 693 6,054 195 1,300 471 95 937 P) 513 (D) 237 168 21 35 0 3 1 4 0 (D) 30 169 fl48 0 P) 5,297 1,374 527 925 2,472 2,958 1,087 P) (D) 1,210 1,064 81 50 544 389 6,459 1,660 2,567 537 1,695 2,225 1 8 92,269 18,437 877 10,457 759 5,031 31,393 3,001 1,928 3,037 1,770 8,782 3,096 2,893 807 17,328 2,579 223 496 P) 4,552 5,429 74 303 339 3,132 1,348 1,746 224,587 11,853 166 19,827 6,422 24,203 210 249 Germany Greece Ireland Italy Luxembourg Netherlands 37,524 424 9,575 13,920 2,314 19,887 2,468 Norway Portuaal Spain Sweden Switzerland Turkey United Kingdom Other 4,353 1,162 6,437 1,802 32,901 1,023 96,430 2,770 ... .. Central America . Costa Rica Guatemala . . Honduras Mexico Panama Other . . . Other Western Hemisphere Bahamas . Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles ... Trinidad and Tobago United Kingdom Islands Caribbean Other Africa EdVDt Nigeria South Africa Other Middle East Israel Saudi Arabia United Arab Emirates Other Asia and Pacific Australia China Hono Kono India Indonesia Japan Korea Republic of Malaysia New Zealand Philippines Sinoaoore v ~ Taiwan Thailand Other .. .. 3-pw International Addenda: Eastern Europe l2 European Union OPEC3 . 8 8 724 144 8 291 1,730 1$ P) 1,011 188 Total 35,846 7,076 461 2,660 395 160 13,610 1,236 1,079 778 960 4,632 1,896 863 40 n fi432 0 955 8 «£ 8 549 ( °4 488 1,194 0 198 215 P) 494 66 234 142 3,722 151 2 P) 122 5 132 P) 1,591 P) 5,513 6,402 1,117 2,838 667 1,596 30 220 33 5 221 64 3,237 443 2,144 119 284 -3 -4 255 -1 142 82 65 80 0 3,259 1,319 66 -1 1 P) 806 268 8 275 86 80 49 2 P} 0 705 5,368 0 -14 3,127 9^ 10 3 415 9 T0 a ^ -2 46 237 -10 3,686 29 1,420 1,625 P) 1,382 2,945 60 159 2,086 1 3,090 2,229 53 43 590 95 594 71 6,810 119 200 266 984 370 9,482 23 4,408 165 85 195 1,090 P) 1,791 98 .4,122 604 44,401 352 1,502 5,034 7,496 4,682 8,013 46,496 991 6,607 852 56 715 P) 26 P) 2,816 23 2,265 P) 4,227 578 1,946 1,185 335 0 0 156 27 299 77 80 2,871 455 334 628 438 0 997 135 96 204 117 38 51 223 132 2,318 552 1,139 374 35 0 4,645 386 3,514 169 204 31 9 316 16 639 35 0 0 605 0 -1 2,218 0 0 0 2,218 0 0 2,577 53 32 P) 2,438 21 P) 1,481 67 -6 15 823 578 4 98 0 1 11,873 0 7 23 912 10,926 4 421 6 3 0 316 10 0 2 0 5 0 0 0 3 0 0 0 0 0 0 0 0 0 0 0 274 2,204 140 379 794 5 5,597 2,707 271 -38 (D0 (D^ 5 2,801 P) 30,396 817 88 26,826 3 8 -23 P) 2,648 P) n P) P) 48 5 2 75 187 41 P) 76 P) 185 a 577 239 P) 0 P) 554 87 36 5 6 40 198 25 27 142 4 216 0 P) P) 135 1,185 202 P) P) 16 307 133 104 23 46 237 13,732 1,706 144 3,624 23 -25 5,859 245 92 108 151 1,076 454 250 25 6,110 1,199 P) 1,079 316 95 309 1,231 96 P) 368 469 401 300 212 9,987 2,060 -2 1,562 *% Q18 7,124 3,083 0 0 0 T 1 0 (D0 ^ 0 T0 0 0 0 0 0 p i 149 P) 184 7 2 41 134 162 5 0 124 33 an a i n P) 36 19 17 2 0 0 839 834 5 0 0 3 3 0 0 0 936 317 P) P) 11 6 260 50 8 7 27 30 6,985 624 16 302 68 P) 3,800 39 7,849 405 P) 1,559 2,560 472 e 179 2,577 4 8,192 2,235 67 149 143 61 3,189 212 49 110 386 525 802 228 39 141 127 160 167 17,823 P) 1,845 2,042 n 0 0 0 0 T15 187 131 2,247 P) 157 0 I 303 P) 4,265 4 & i,S1 P) 21 -4 3 P) A 3$ 5,293 0 52 163 -2 80 0 700 0 P) 946 P) 10 113 1,906 3 -181 34 18 9 P) 2 877 P) 762 577 «s. 8 32,194 453 2,056 572 141 4,733 ( 1 -2 1,796 87 « a P! 1,614 186 858 38 161 1,873 775 221 1 P) a 5 -1 1,824 59 0 3 n1 2 210 11 0 8 T1 156 P) 0 n 6,065 1,704 53 531 164 P) 2,118 422 149 317 114 879 n J P* a «0 R n (°) 4,780 169 332 198 P) 356 144 a 29 145 405 70 1,156 P) 4,447 60 80 8 1 a fi 80 1 65 P) 740 24 2 P) -196 187 79 59 0 & P) 98 P) 2,396 659 8P) 281 237 2,392 -30 3 P) 2,258 8 "&0 359 P) 83 32 ^ P) a 45 34 £ & 666 23 25 1,587 6 125 Pi P) 1,784 618 91,034 2,461 176 8,667 274 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. Eastern Europe comprises Albania, Armenia, Azerbaijan, Belarus, Bulgaria, Czech Republic, Estonia, Georgia, Hungary, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Poland, Romania, Russia, Slovakia, Tajikstan, Turkmenistan, Ukraine, and Uzbekistan. 2. Prior to 1993, the European Union was known as the European Communities (12). The European Union comD Other industries 3,645 269,156 1,384 11,552 1,797 336 23,565 South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other Services 22,579 8,840 Latin America and Other Western Hemisphere Banking 34,062 62,409 70,395 » Other manufacturing Finance (except banking), insurance, and real estate 199,457 548,644 Europe Austria Belgium Denmark Finland France Transportation equipment Wholesale trade Chemicals and allied products Petroleum All countries Electric and electronic equipment Food and kindred products All industries Canada Machinery, except electrical Primary and fabricated metals 41 24,760 1,139 P) 4,620 88 4 16,455 64 P) 5,819 53 3 9,392 442 119 21,321 401 27 21,362 403 125 8,719 502 176 66,517 1,133 6 10,803 243 628 6,326 689 prises Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, and the United Kingdom. 3. OPEC is the Organization of Petroleum Exporting Countries. Its members are Algeria, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Prior to 1993, Ecuador was also a member of OPEC. August 1994 SURVEY OF CURRENT BUSINESS Table 12.1.-U.S. Direct Investment Abroad: Capital Outflows, 1990 [Millions of dollars; inflows (-)] Manufacturing All industries Petroleum Total Food and kindred products Chemicals and allied products Primary and fabricated metals 6,109 Machinery, except electrical Electric and electronic equipment Transportation equipment Banking Finance (except banking), insurance, and real estate Services 2,385 -1,427 3,632 1,727 96 761 P) P) -1,572 -3,736 1,333 715 Wholesale trade 3,467 Other manufacturing 30,982 4,107 2,885 1,965 1,421 1,241 Canada .... 3,902 -286 2,737 643 511 567 143 61 P) P) 271 Europe .... Austria . Belgium Denmark Finland France . 10,194 3,392 8,471 -52 151 14 26 560 4,707 9 71 13 1,285 3 124 P) P) 171 852 1,026 -1,656 1,806 %5 JB-2 8 P) P) 121 fl 450 30 18 -3 -1 49 1,590 58 206 38 6 114 (D) (D) -2 (D) 20 166 844 22 245 1,196 97 -16 P) 77 130 P) 402 315 0 240 0 P) 112 23 -58 (D) 14 -26 160 (D) 2,285 4 29 -19 247 191 4,405 23 2 P) -21 P) 143 -74 0 2 -8 -22 5 6 4 371 P) All countries 54 746 D () 33 . 1,626 33 926 1,219 Germany Greece Ireland . Italy Luxembourg Netherlands -129 -2,004 -43 Norway Portugal Spain .. Sweden Switzerland Turkey United Kingdom Other P) 460 279 5,314 149 -202 (D) 16,536 -109 894 -338 <? n 40 184 0 123 n 13 64 § a 8 p l 253 0 -163 747 P) 58 P) P) 404 2,753 485 538 305 -42 1,951 379 876 520 77 -32 -83 177 37 -55 -15 34 P) 1,086 295 545 81 106 -4 -4 66 2 75 19 31 4 34 -3 -1 -14 6 289 65 218 18 7 -4 -15 1 -1 28 P) -8 -95 P) Central America Costa Rica Guatemala Honduras Mexico Panama Other 2,611 43 10 3 1,926 612 15 45 0 1,367 28 7 22 1,323 16 -29 403 3 5 (D) 393 -1 (D) 206 16 2 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic . Jamaica . Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other 5,580 300 (D) 7 0 43 Africa Egypt . Nigeria South Africa Other . . -32 111 1,431 (D) 283 3,885 -fi 145 . . . Middle East Israel Saudi Arabia United Arab Emirates Other -450 -292 -423 8* 17 (D) 413 55 52 211 -545 -278 78 186 (D) (D) 165 515 324 -163 494 14 170 8 2,213 610 12 26 33 19 424 126 104 -46 87 473 141 201 3 -104 -260 P) 1 3,222 605 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.1. 2. See footnote 2, table 11.1. D 1,277 252 -5 264 1,078 422 -22 39 P) 572 -99 -1 26 International 4,230 109 -12 15 87 18 8 6,783 Addenda: Eastern Europe l European Communities (12)2 OPEC3 19 282 6 (D) 18 P) 29 208 Asia and Pacific Australia China . Hong Kong India Indonesia japan . Korea Republic of Malaysia New Zealand Philippines . . . Singapore Taiwan Thailand Other 794 30 352 (D) 691 984 330 175 2,019 177 620 222 316 (D) n a 142 2 53 -23 8 fl () D 18 8 1 n T2 P) -5 n i fl 49 Pi «0 0 0 0 P)0 P) T0 0 0 0 -10 8 9 7 2 16 -1 0 aT 5 P) 27 67 -3 -87 13 P) 11 0 278 42 4 -4 14 6 -46 92 7 5 40 91 -3 27 3 -237 0 0 0 0 T 53 0 0 0 53 0 0 <30 ( 0 0 0 0 'l 0 48 n0 42 6 P) 1 1 0 ^ 250 211 P) 4 1 -21 7 §4 P) (*; <?0 245 -1 P) -28 17 P) 15 -2 -9 n -2 258 -113 P) n 42 0 0 -100 p)0 41 -46 -1 <pj n 0 p) 0 0 TP) (D ^ «2 p) 0 0 0 p)0 6 fl 8 -168 P) 2 12 16 14 1 23 175 P) -1,228 17 6 P) -27 P) P) 432 0 -2 26 -14 109 571 P) 293 19 P) -2,98 P) 582 931 142 138 325 6 262 578 P) 394 29 55 40 38 21 -14 -5 12 -11 -25 163 60 18 -22 0 0 p) 121 P) 0 16 0 257 0 0 0 257 0 0 0 0 0 0 0 0 0 0 0 0 q 2 P) -11 3 PI6 n 2 12 4 n «0 n fl 3 0 P) 8 p0 ^ 21 P) 69 -42 51 48 -1 2 -233 & a a 3 n1 p) p) n -102 -50 £ P) P) 160 11 5,813 80 812 606 -22 259 339 7 P) -18 P) 89 P) 20 -21 0 ng 1,449 8 0 P) n 700 0 1 P) P) P) P) 4,507 T12 1$ fl 3,807 -267 ~ P) P) -5 -3 fl -12 <iP) -25 1 2 -139 ( 'l -29 0 0 54 P) 17 P) P) -13 0 0 0 P) 1 P) 0 P) 781 287 53 P) 1 1 0 187 11 0 114 333 -73 46 937 38 -72 P) P) 148 P) -2 615 11 24 95 P) -67 23 12 P) 18 a 274 -77 96 4 24 72 226 37 n (DP) ^ 1 0 -1 P) -11 28 14 P) 16 P) 15 P) n 30 87 2 $ 88 24 -57 22 143 31 14 P) -186 125 -3 P) -23 -35 18 21 P) 15 4 8 488 15 fl 479 -10 P) a 58 -23 235 P) 0 -2 ( ^l £) 42 P) 1 P) P) -118 -196 P) P) n 1 2 -1n P)19 0 a «i -229 a P) T P) n P) n P) 25 56 5 -61 P) J3 -23 -3 231 2 189 fl -3,591 -156 1 469 0 429 3 i 91 -82 45 136 P) 571 4,023 a a P) n « -S 8 ( 11 -114 27 P) -3 a -8 297 88 P) 97 -1,306 -116 -4 -6 264 0 258 P) a P) P) -27 -8 20 P) 10,141 -29 P) 55 20 109 P) -47 51 P) 131 B fi i n South America Argentina Brazil Chile Colombia Ecuador Pgru Venezuela Other Latin America and Other Western Hemisphere -552 Other industries n 4 14 -4 P) 193 -15 P) 27 2 8P) 0 a a -27 B 2,101 -78 P) 97 fl -51 P) fl uB 116 -44 2 6 P) -33 8 4 10 P) 156 (D) 3,707 361 0 537 -5 n 1,277 271 0 791 —e 18 P) 255 7 6 -1,594 18 0 1,684 62 P) 802 4 P) -387 79 1 -5,141 108 1 1,380 47 n 647 73 3. See footnote 3, table 11.1. NOTE.—In this table, unlike in the international transactions accounts, capital outflows are shown without a currentcost adjustment. SURVEY OF CURRENT BUSINESS August 1994 • 139 Table 12.2.-U.S. Direct investment Abroad: Capital Outflows, 1991 [Millions of dollars; inflows (-)] Manufacturing All industries All countries Canada Europe Austria Belgium Denmark Finland France . . Germany Greece Ireland Italy Luxembourg Netherlands Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other .. Latin America and Other Western Hemisphere South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other Central America Costa Rica Guatemala Honduras Mexico Panama Other Other Western Hemisphere . . Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom IsFands Caribbean Other Africa Eavot Nigeria South Africa Other Middle East Israel Saudi Arabia United Arab Emirates Other . . '. '. .. '. . Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other international Addenda: Eastern Europe l European Communities (12)2 OPEC3 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote Liable 11.2. 2. See footnote 2, table 11.1. D Food and kindred products Chemicals and allied products -622 1,946 -193 1,942 P) -20 824 47 17 -11 -1 -21 '•$ T0 2,010 2,746 74 392 $ 227 48 -76 330 128 P) 72 42 P) -2 1,581 0 -3 -1 P) 18 114 P) 194 120 P) 353 252 4 P) 416 P) 739 P) 34 -22 -2 13 P) 430 P) 0 P) 120 P) 1 P) 1 P) 50 P) P) 798 P) -6 46 -62 23 279 P) 449 24 and 2,226 12,914 2,205 3,894 -198 283 198 194 19,563 130 1,411 219 -76 2,737 1,040 9,126 135 565 32 -13 1,664 1,003 5 90 33 2,743 ifi 3 558 P) P) 734 4,832 14 537 1,508 -3 1,654 D 3,500 474 P) 42 184 0 38 52 9 359 381 P) 304 -41 (D) 42 63 -2 118 40 126 -45 154 1,116 228 J 1 18 -2 68 117 -9 17 10 88 P) -10 2,144 546 421 -9 163 -13 203 -53 45 -13 -14 9 -1 -28 P) -11 -43 5 2 P) P) JS 8( ) D () 8( ) D 127 23 -3(°) 13 580 411 -23 527 -117 2,893 367 890 174 33 49 -44 1,245 179 88 26 58 P) -95 57 P) 52 -1 795 35 564 -97 122 -1 -19 184 8 271 62 134 8 27 4 -2 24 14 2,759 -37 -16 -2 2,321 527 -34 48 1 -28 1,322 27 9 -4 1,325 -6 -30 268 15 5 P) 281 P) P) 268 5 1 2 262 -3 27 P) 7 -10 P) 0 1,541 -225 41 2,797 143 144 -695 -2 -551 -110 a 50 (D) -146 -6 -50 8 mP! 8 32 18 1 -45 12 P) 75 -28 887 110 -894 -85 -26 P) 109 -4 18 63 32 521 94 224 24 180 131 266 99 166 1 3,854 1,061 40 474 74 413 -203 209 270 -267 8 1 121 n 1,166 987 669 58 83 21 61 -1,143 -37 158 227 119 454 343 -333 3 121 a 1,067 479 228 10 169 -1 79 40 P) 291 8 151 P) 152 181 281 17,738 2,706 57 1,059 1,442 n -24 8 flP) 0 P) P) fl <3 8 P) 0 0 427 292 2 P) P) 1 57 25 1 -4 52 T 2 0 n 136 -769 1 19 2 P) -30 -190 1,341 0 0 27 -10 P) -93 1 P) 21 3 9 P) -453 0 D 1,831 3,305 4,778 -1,157 8,572 1,964 3,400 185 -478 240 106 21 743 209 173 4,343 1,462 P) 358 2 1,723 P) -9 1 P) P) -90 -33 n -286 P) a fi 931 82 39 -17 P) -20 P) 274 P) 33 -15 1 147 P) 1,065 7 P) 0 -14 P) -9 P) 940 24 P) 290 2,190 203 2,004 -285 -27 8 -34 336 -29 264 364 -42 331 -9 187 9 134 -2 P) ( 378 136 84 154 -16 P) 32 9 4 P) 5 0 1,138 28 59 54 P) P) -10 P) 13 P) P) 1 0 415 0 P) P) 51 360 P) P) -324 <J 0 0 p)0 n0 9 38 '1 -230 480 P) -220 373 0 0 0 1 -31 10 2 P) 2 -36 P) -5 n 244 594 R fl 0 0 0 0 0 0 9 12 -2 P) 8 -21 -37 380 18 0 350 955 0 0 0 0 0 2 -23 -68 37 P) 972 7 1 0 -15 23 -878 -294 a n0 pi a 22 P) 43 19 556 P) 1,660 P) P) P)0 ( Other industries 353 P)Qn (*) a a 363 157 27 -6 9 18 68 -40 1 9 41 11 79 14 -25 P) -89 Services Other manufacturing -42 1 0 0 -43 0 P) 0 -111 -305 Banking Finance (except banking), insurance, and real estate Transportation equipment -9 0 0 0 -9 0 0 14 P) P) 10 0 p) a -193 fl <1 P) -9 -3 10 P) Wholesale trade fabricated metals 1,337 7,194 . Total Electric and electronic equipment Machinery, except electrical 32,696 112 193 -29 162 930 144 4,665 424 , Petroleum Primary 0 n «3 P)0 0 0 1 32 -603 82 0 -5 274 125 -12 46 26 5 7 13 64 619 0 0 0 619 0 0 P) 6 4 P) 196 P) P) 212 -70 -3 2 205 80 -2 0 0 0 0 0 0 0 0 0 0 P) 0 ( } D 3 3 P) P) P) -5 9 P) 5 2 P) 6 4 89 88 0 i -1 -1 0 0 0 ( 2 34 n2 448 8 P) 9 18 P) -91 23 28 n n 280 95 P) n ( -680 -14 P) 22 -6 108 -8 12 148 135 -61 1 -27 79 P) (*) 0 -69 -58 0 i 1 0 H 8 2 0 R p ^ P) 20 P) P) n 0 p) 446 134 d 3 10 17 238 6 P) 31 P) n -114 -129 17 27 P) 42 87 -608 1 n P) p) (*) 102 -142 39 73 -3 129 -8 0 a 8 239 P) -3 -11 P) 12 P) -26 5 P) 0 P) T P! 39 P) 4 43 P) -189 1,516 31 13 205 P) P) 946 111 16 -92 11 156 85 33 P) -374 -262 0 P) 1 P) 1 16 53 -6 -228 106 10 P) -12 -70 -1 26 P) 1,397 59 21 2,754 P) P) -760 3 -680 P) 74 1 n3 70 237 6 P) a 985 711 n 32 P) 36 31 6 19 P) 100 21 -3 P) T 3 a 60 1 701 4 n 9 & 33 P) 8 111 164 3 n pi a^ 8 22 -t, 9 8 1 n (*) -31 -17 16 -1 4 111 -19 P) 90 3 P) 52 P) fl -174 131 19 10 0 (D -2 n0 P) P) 68 % P) 37 -537 263 -SI fl -34 P) 2 -439 9 5 4 11 P) -29 S,S 428 i£ 45 2,eS 181 0 -864 4 7 1,819 44 P) 672 2 1 1,211 90 P) 1,919 66 P) 2,464 78 P) -1,054 -235 P) 3,761 250 1 1,386 -6 P) 1,578 748 3. See footnote 3, table 11.1. NOTE.—In this table, unlike in the international transactions accounts, capital outflows are shown without a currentcost adjustment. SURVEY OF CURRENT BUSINESS August 1994 Table 12.3.-U.S. Direct Investment Abroad: Capital Outflows, 1992 [Millions of dollars; inflows (-)] Manufacturing All industries All countries Canada Europe Austria Belgium Denmark Finland France Germany Greece Ireland Italy Luxembourg Netherlands » . . . . . . Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other . . . Latin America and Other Western Hemisphere South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other Central America Costa Rica Guatemala Honduras Mexico Panama Other . .... . . Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles . . . . Trinidad and Tobago United Kingdom Islands Caribbean Other .. Asia and Pacific Australia China Hono Kono India Indonesia Japan Korea Republic of Malaysia New Zealand PhilJDDines ' " rr ' **" Sinaaoore r, "a r Taiwan Thailand Other 16,858 3,303 4,764 516 2,290 385 481 59 17,882 92 742 -29 83 3,628 -421 9,152 220 656 119 60 1,534 1,946 3,124 2 357 240 -1 31 6 1 -12 1,049 12 675 807 52 960 489 (D) .. . .. ' v . , .. Addenda: Eastern Europe l European Communities (12) 2 OPEC3 . * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote .1, table 11.3. 2. See footnote 2, table 11.1. D -ffl $ (D) 1,594 75 1,230 1,192 118 -1,719 -299 -235 -504 174 1,252 -18 2,922 134 6,068 575 % -A( ) 1,443 84 177 14 816 -66 505 87 1,091 386 12,725 359 3,942 558 2,037 191 299 12 -3 692 155 1,844 -21 3 n 24 93 n 313 8 70 0 79 "7 710 358 5 401 499 A 40 0 17 10 P) 31 Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing 908 4,288 1,008 778 28 -10 -12 -7 77 2,089 34 92 0 -645 -54 -$47 -4 -29 0 -250 128 P) -69 -178 fi18 9 % 17 3 0 103 Banking Finance (except banking), insurance, and real estate Services 5,150 1,294 12,283 2,169 485 -57 283 7 181 2,655 -72 197 -18 13 1,240 138 -8 1,812 8 -9 3,574 17 105 12 1 963 1,247 1 P) 26 1 -31 8 100 17 25 31 -15 397 148 P) -11 -14 1 2 24 152 P) 0 21 29 121 P) 50 7 Wholesale trade 3,724 588 1,622 832 3?] 66 P) 294 132 % T fi 0 P) 1,142 P) 2 P) -26 -15 13 422 991 % -21 fi58 Other industries 3,761 3 9 87 -3,122 P) 290 13 8 45 19 10 171 P) 859 15 44 15 124 § -2 272 67 -1 14 -36 -5 25 28 5 P) P) 6 61 169 -25 409 6 92 21 P) 2$ P) 2,876 393 561 109 -263 -55 1,309 822 600 1,042 7,530 30 289 475 50 68 P) 230 13 (D) 12 41 2,026 151 1,138 60 99 7 -12 578 4 345 63 129 7 17 4 -1 120 6 395 64 272 5 19 -3 -7 46 -1 115 -236 904 B 29 -219 -11 1 -19 514 32 383 135 25 9 73 11 2 -29 1 43 434 39 361 19 9 -10 P) 2 0 15 807 269 452 37 -3 P) -1 38 P) 45 14 18 -13 P) P) -2 P) P) 34 -61 6 798 43 10 7 759 -19 -3 50 20 9 (D) 26 153 3 -2 1 152 -1 86 28 0 764 0 16 8 610 P) 52 P) -2 D P) (D) 18 (D) 6,939 473 191 2,980 130 137 3,437 55 -86 -151 -378 -302 -12 -7 n 34 8 2 31 D () -358 55 -272 118 2 8 845 511 45 73 216 288 7,265 1,401 50 1,914 52 834 627 1,053 120 -37 89 -133 -132 M international 71 -271 Middle East Israel Saudi Arabia United Arab Emirates Other Chemicals and allied products -976 -87 65 Africa Egypt Nigeria South Africa Other Food and kindred products 2,213 5 -16 1,334 660 8 ... Total 41,587 -147 . Petroleum Primary and fabricated metals 192 £44 3 -173 404 136 1,190 184 517 222 67 P) 285 (D) 94 P) 745 127 548 14,327 1,490 88 259 382 % 8 8 JJ P) n 12 P) 0 8 15 1 0 (D) 9 19 9 P) 3 <i 0 ( n$ . °4 n 0 0 0 T0 0 0 P) n -244 P) 20 P) -87 P) P) <20 0 1 T0 0 1 0 T0 0 0 0 0 « 155 16 16 91 31 P) 2 -1 40 P) -3 21 1 0 15 4 526 450 71 5 (*) P) 6 1 1,859 560 82 152 4 -29 291 -179 -33 297 127 559 7 17 4 0 0 507 49 31 § 49 1 295 45 (D) n n 25 P) 0 0 478 248 -2 33 2 -20 52 -14 16 5 89 -18 67 18 3 ( 7 2 'l 8 1 63 -2 3 8 ^ 1 0 358 0 -44 6 0 0 -50 0 404 0 0 0 404 0 0 1 0 0 0 0 0 0 0 0 0 0 0 n n0 ( i 0 0 P) 0 P) fl 14 P) 0 5 P) P) n T 4 P) 267 fl 1 n % 2 P)0 P)19 P) i 9 8n 298 36 3 -33 7 P) 242 -5 -165 0 184 -27 P) 62 -1 P) -42 18 101 -133 88 430 172 P) 94 -6 ( 0 1 2 & P) (DP) n 180 176 -1 5 0 0 0 95 -7 -1 P) 1 27 P) 396 P) -41 P) 43 171 -43 -29 n 0 0 P| 0 -40 -256 0 P) -2 P) P) 0 0 0 n 931 11 3 19 P) 11 P) n -102 -1 1 99 89 1 379 -14 188 -42 -1 132 6 0 -485 fl 8 n 580 470 2 923 2,041 5,959 2 5 2,813 P) 3,534 1 1 P) 8 -8 P) -5 23 % 9 P) 217 P) 118 -28 1 125 P) 0 P) 2 -397 8 P) P) 0 -14 -32 P) 9 P) -23 -2 P) 0 P) 49 1 P) P) 60 26 26 1 n a 21 1 0 -87 33 P) P) P) 124 21 9 12 82 -28 P) -14 468 185 -1 87 36 933 229 10 671 P) 16 171 74 1,374 231 P) 159 0 P) 174 -2 3 42 -32 16 P) P) P) "e 25 P) 1,405 -18 748 -86 -8 -13 11 199 116 32 8 JB 113 29 P) -11 29 «-2 51 P) -287 16 46 fl 111 60 P) P) o 92 a4 -8 -3 8 0 79 0 0 8 618 349 7,784 649 p) 1,382 136 28 3,003 89 P) 134 11 P) -598 -21 P) 679 8 (*) 1,896 360 p) 1,287 68 15 2,297 34 9 -250 29 P) 1,542 -95 1 1,557 113 P) 1,138 377 3. See footnote 3, table 11.1. NOTE.—In this table, unlike in the international transactions accounts, capital outflows are shown without a currentcost adjustment. SURVEY OF CURRENT BUSINESS August 1994 Table 12.4.-U.S. Direct investment Abroad: Capita! Outflows, 1993 [Millions of dollars; inflows (-)] Manufacturing All industries Petroleum Total Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing Wholesale trade Banking Finance (except banking), insurance, and real estate Services Other industries 58,094 5,086 19,083 5,778 3,703 672 936 1,712 1,687 4,595 5,218 1,865 22,533 1,285 3,024 2,394 678 1,549 566 -124 29 -99 3 1,524 -350 43 -28 -294 258 188 30,023 53 660 181 3 -534 801 (D) -30 (D) 8,743 19 53 -101 48 -155 3,245 1 16 2,319 6 212 P) 45 350 525 -109 -1 201 P) 24 -3 -228 P) 2,789 1,063 -654 n 14,668 112 356 26 11 -45 0 22 P) 144 2,841 18 289 69 -27 110 -25 -444 533 P) 2 -4 1 -154 ^ ^ 4,744 82 1,761 1,346 644 934 402 (D) (D) 5 0 -355 2,940 26 666 982 558 419 748 379 6 657 330 P) -153 117 0 13 16 283 0 -111 153 P) 73 54 855 0 503 6 80 134 P) 274 -344 9 88 185 0 654 94 P) P) 16 -15 12 1,354 P) 867 166 48 114 117 P) 64 P) 30 159 ~P) -22 20 31 1,204 4 563 -12 19 P) 43 -227 1 1 P) -84 -9 P) 33 1,214 P) 12 28 149 P) 99 72 98 P) -12 -4 12 46 29 334 P) n 309 P) 171 77 1,452 33 -783 9 302 208 1,763 344 17 873 P) 85 1,550 0 10,175 156 -11 -10 -72 5 287 P) 191 6 15,003 887 4,971 1,502 995 56 @14 131 383 1,291 623 217 6,618 66 1,622 5,345 939 3,304 168 137 222 -5 435 146 498 50 -3 P) 89 223 (D) 49 48 3,308 363 2,724 -28 66 10 2 182 -10 518 202 191 27 44 7 2 54 -10 323 48 225 8 31 -2 -5 18 1 -16 P) -14 -49 6 608 202 10 191 791 1 824 P) 883 131 653 146 -24 122 3 450 94 310 12 260 33 116 23 7 P) 0 76 P) 15 12 -12 P) 667 410 48 129 Central America Costa Rica Guatemala Honduras Mexico Panama Other 3,710 108 32 13 2,472 1,035 50 51 0 10 1,414 55 23 27 1,267 40 1 981 20 10 P) 929 P) P) 498 16 13 (*) 430 1,220 0 1 P) 309 906 P) 114 Other Western Hemisphere Bahamas . Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands, Caribbean Other 5,949 -435 140 2,833 181 197 2,115 122 675 121 338 49 56 249 P) 3 0 174 P) 0 8 8( ) P) 43 11 -63 -43 P) 27 P) 11 P) -24 138 5,138 -76 12 2,601 P) 4 2,174 P) 427 P) 913 -10 232 94 597 677 -86 P) (D) P) 150 10 -5 82 63 115 4 -2 1 789 305 215 105 165 195 341 B,m 1,746 138 143 41 P) 684 214 3 -45 -58 All countries * Canada Europe Austria Belgium Denmark Finland France . Germany Greece Ireland Italy Luxembourg Netherlands . ... Norway Portugal Spain Sweden Switzerland Turkey United Kinadom 1,605 105 -667 96 3,683 296 13,886 1,145 K™._::i:::z Latin America and Other Western Hemisphere South America Argentina Brazil Chile . . . . Colombia Ecuador Peru Venezuela Other .^ . Africa Egypt Nigeria South Africa Other Middle East Israel Saudi Arabia United Arab Emirates Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other „ , , ; international Addenda: Eastern Europe12 European Union OPEC 3 . 4 D Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.4. 2. See footnote 2, table 11.4. 1,719 494 1,661 240 634 1,766 207 313 -398 137 1,734 78 216 26 8 1 -27 a -17 16 D a 59 115 eS 8 -41 144 103 1,119 23,141 1,574 79 414 971 n a 35 5 8n n 3,329 460 278 498 190 17 302 57 269 97 95 988 17 57 4 8 17 8 281 0 265 8 f\ 0 P) a a 8 n 3 n -66 -12 10 P) 429 P) 8 °l 0 0 9 0 P) 0 18 P) -11 -3 16 P) 0 0 0 8 2 «2 3 a a a(i 6 0 0 3 0 0 P)0 0 T0 0 0 0 0 n h 48 1 0 41 7 1 1 fj 1 -4 1 2 -3 3 2 P) P) -1 -S -3 '?3, 422 -22 P) C) « 3 8 -74 6 0 0 -78 0 -2 -408 0 0 0 -408 0 0 359 11 3 0 0 0 0 0 0 0 0 0 0 0 n0 ^ 0 0 ^1 2 fl fl 340 6 P) 49 0 n n 41 2 18 P) p)0 P) P) » _4 p)21 252 252 -1 0 0 0 "0 -9 65 810 123 P) 162 147 P) 168 38 26 8 14 P) 11 14 1,125 39 P) 253 7 -62 6 -28 13 55 121 117 27 4 0 -S 11 0 480 30 15 58 12 2o 2 6 -2 0 0 a -S 3 a |J 1 0 51 -20 l ^ 0 ? 926 n fi <2 n0 431 119 27 36 P) -2 70 -46 P)0 441 105 107 ( Qp) (1 T(D i ^ n { 107 P) -36 £ 0 0 p) JS p n0 fl 360 -14 134 P) -29 341 -99 3 n R -2 -57 3 0 T 8( l P) n n i j 10 42 17 174 73 -2 1 23 78 1 33 0 -1 1 302 12 69 78 -2 P) -266 -431 0 P) n T <°i sP) n 70 41 P) 15 P) 30 P) P) ^ 110 24 4 5 12 2 63 0 P) 112 46 1,618 288 49 622 521 226 P) 36 46 -17 483 -4 -7 15 26 156 24 -5 -13 % 101 n p ( 3 -8 S -63 88 56 40 p)3 17 § a 68 P) 9 P) 36 iQp) 0 a fl83 8 ( 'l 0 ( 1,313 267 -3 227 P) P) 810 13 101 6 P) -16 -120 a 182 0 P) -3 P) 107 'l 28 -27 31 4 19 396 162 P) 154 3 P) 40 -2 1 P) P) -1 22 12 0 (D) 44 704 -21 fl 722 a 250 a 8 aP) ^ -133 P) 0 -41 P) 26 P) a -95 179 P) 83 0 -^48 -9 39 2 -488 -33 71 P) a 41 343 6,400 264 98 1,595 65 42 2,161 85 P) 524 19 -$ 4 p) -5 1 1 -307 11 tA 78 -2 1,621 17 3 1,011 68 P) 12,746 128 n 252 70 P) 697 57 3. See footnote 3, table 11.4. NoTE.--ln this table, unlike in the international transactions accounts, capital outflows are shown without a currentcost adjustment. 142 • August 1994 SURVEY OF CURRENT BUSINESS Table 13=1.-U.S. Direct Investment Abroad: Equity Capital Outflows, 1990 [Millions of dollars; inflows (-)] Manufacturing All industries AH countries Canada Europe Austria Belgium Denmark Finland France . . Germany Greece Ireland Italy Luxembourg Netherlands Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other Petroleum Total P) P) 7,016 (D) 294 56 P) 554 562 4,169 0 42 0 (D) -79 T T0 -7 0 8 0 D () -98 311 0 P) 0 0 39 0 0 0 0 5 866 -7 -184 -147 -188 -314 P) p i>0 0 2 T0 p ^ -52 (D) 0 0 0 258 0 -247 86 (D) 53 29 278 100 72 0 4 -9 0 111 0 Central America Costa Rica .. Guatemala .. Honduras ... Mexico Panama Other 463 0 0 -3 508 -43 (*) % ffl 17 -382 209 0 284 (D) 2 -617 1 -230 3 0 1 0 0 ^ 0 0 D1 ( 0) D () 0 0 0 0 0 1 0 p) 109 8 7 0 93 92 5 -182 (D) 2 (D) -164 502 332 183 -94 2 31 -119 140 44 68 -64 15 -51 -4 19 International -140 (D) 4,342 267 R4 (D) Addenda: Eastern Europe1 European Communities (12)2 OPEC3 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.1. p> P) ^ -172 0 0 92 0 0 0 92 0 0 ( 'l0 0 0 •3 0 0 0 P)0 P)0 4 P) (D) R 0 0 23 44 253 <1 0 -113 9 0 5 (D) 0 (E (°)20 2 °0 0 T (P) 5 ^ 0 0 -27 490 162 116 55 D T -65 South America Argentina .... Brazil Chile Colombia Ecuador Peru Venezuela ... Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand .. Philippines Singapore Taiwan Thailand Other 364 4 141 370 Middle East Israel Saudi Arabia .. United Arab Emirates Other 307 3,762 370 16 W -22 4,941 123 571 Nigeria South Africa ... Other 647 452 1,197 0 Africa -140 Electric and electronic equipment 863 -84 (D) 6 108 (D) Other Western Hemisphere Bahamas .... Barbados ... Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago , United Kingdom Islands, Caribbean Other Chemicals and allied products Machinery, except electrical 8,739 77 -55 2,999 14 3,337 (D) Latin America and Other Western Hemisphere Food and kindred products Primary and fabricated metals T8 -239 103 36 (D) 0 62 -102 5 -1 R0 ^ (D) 9 '10 p0 ^0 "o 0 0 T0 0 0 0 0 0 0 0 0 0 0 D ( 0) (D ^ 0 0 0 0 0 0 <1 0 0 « 11 R0 <l0 0 P) (D ^ R0 0 0 0 -2 0 0 -46 0 0 0 0 P) 0 n 0 121 0 p)0 3 0 1 T0 143 0 0 0 0 168 P) 28 2 29 2 0 2 T 0 0 0 30 0 30 0 0 0 0 0 0 -26 0 0 0 -26 0 0 0 0 0 0 0 0 0 -1 0 0 0 -1 0 0 0 0 0 0 n 1 0 1 0 0 -117 -26 0 0 0 0 -142 71 6 0 0 P) 3 1 0 0 0 <Z 0 0 0 -S^ R T0 74 P) 13 0 4 0 0 0 0 0 0 0 0 0 0 0 0 (D 0 0 2 49 «30 ^5 T T0 0 0 4 0 1,664 470 41 198 5 126 1,846 382 <3 fl T 288 0 8 0 0 P) P) p) -76 0 P) 0 0 2 83 1 P) 6 P) T0 T2 -28 0 -1 -45 1 P) 25 P) 0 89 0 -47 0 0 -2 0 0 5 0 36 0 4 P) 2 P) 8 0 -17 0 546 1 130 18 165 ( 1 PI n2 R6 R-8 0 0 0 0 P) 0 P) 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 112 2 170 0 0 0 0 T 0 70 22 Other manufacturing 3 0 0 0 3 0 0 T0 Services 109 Transportation equipment (D0 Banking Finance (except banking), insurance, and real estate Wholesale trade ( l "o 0 0 (D ( °4 11 ?!0 0 5 0 P) 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 p) 0 0 0 0 0 0 0 0 0 0 3 0 0 0 3 ^ -141 -3 -35 -7 0 3 0 0 P)0 (0 1 0 0 0 0 162 «3 0 -3 0 0 q1 0 0 2 p) 0 "o P)0 ( ai P l 0 1 0 (D 0 0 0 0 -1 3 0 0 -159 P) 0 0 0 0 q l 0 0 126 8 0 P) 0 0 0 <i 1 1 ( 577 DO 0 n a 0 P) p] j <i i 62 22 12 <J 1 4 Rn ^ 0 0 0 0 P) TPI "6 fi pi 0 0 0 0 0 0 '! -18 0 0 0 1 0 0 0 0 4 T0 -313 121 343 0 0 ?! 0 0 -223 n ^ 0 0 P) T 0 -1 p) 208 P) 0 15 2 P) 42 28 0 3 942 1 -535 79 P) 32 31 0 0 0 0 P) -13 0 0 -3 P) T -601 -135 0 198 0 0 -620 0 P) 2 P) 0 -8 0 2 0 0 0 0 1 0 p) -3 P) 3 0 (D fl0 435 0 2 127 P) 3 534 T 22 0 0 ^ P) 0 0 0 0 0 0 1 0 0 0 1 0 0 P) p Rn Tpi "o 0 (D0 ^ 0 P)0 (D0 ^ 0 0 2 0 0 0 P)0 n 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 2 0 0 § P) P)0 153 77 0 -1 0 0 11 0 0 0 0 0 0 p) p l 5*J P) n 1 0 0 0 0 0 0 2 0 0 0 -191 0 982 -17 1,030 R R-9 21 31 2 P) Other industries 0 0 Rp i P) 51 -(3 121 0 -404 3 0 1 p) 0 284 0 0 26 0 2. See footnote 2, table 11.1. 3. See footnote 3, table 1 1.1. P) -24 P) 5 160 p) 0 -58 -2 0 51 5 n 609 31 1 1,935 2 0 524 -1 0 255 125 SURVEY OF CURRENT BUSINESS August 1994 • 143 Table 13.2.—U.S. Direct Investment Abroad: Equity Capital Outflows, 1991 [Millions of dollars; inflows (-)] Manufacturing All industries Petroleum Food Total and kindred products Chemicals and allied products 17,682 2,267 2,763 175 470 Canada .. 2,465 387 1,112 72 110 Europe .. Austria Belgium Denmark Finland France 7,321 -71 112 11 5 629 581 0 (D) 0 D0 1,597 (D) -51 0 4 60 195 22 85 723 -30 662 6 0 0 0 0 -9 All countries Germany Greece Ireland Italy .... Luxembourg Netherlands , 92 57 Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other -417 Latin America and Other Western Hemisphere South America Argentina .. Brazil Chile Colombia Ecuador Peru Venezuela Other Central America Costa Rica Guatemala Honduras Mexico Panama .... Other . Other Western Hemisphere Bahamas Barbados Bermuda ... . . Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other . Africa . . Egypt Nigeria South Africa Other ^0 43 0 9 0 (D) -328 (D) 29 0 1 3 87 P) 795 (D) 124 11 5 -8 116 1 (°) 121 24 (D) 41 207 63 (D) 84 ^ 0 0 0 0 0 124 188 95 -79 (D) 121 D 74 57 1 0 0 0 0 -16 36 36 -6 0 -11 0 0 0 7 (D) T0 () 94 159 (D) 5 (D) 1 52 D () T 8 0 T 0 0 1 0 0 T 8 158 P) 219 6,591 853 44 490 398 0 0 T 8,307 459 P) P) P) 756 -6 P) 1,000 0 0 0 0 405 0 548 0 1 0 0 2 351 506 507 '•$ 412 0 4 169 37 P) 1 17 589 0 4 0 0 P) P) T0 14 269 0 P) 22 0 3 0 0 5 2 0 0 P) «0 «0 TP) 0 0 P) 0 n '? 0 8 -1 P) 3 0 3 0 0 0 0 P) 0 ( 10 •3 0 0 0 0 0 0 0 0 0 0 0 T P) 0 0 7 0 0 8 518 0 T P)0 0 0 0 0 0 3 -1 4 0 0 2 0 2 0 0 2 0 2 0 0 0 0 0 0 0 0 0 0 0 0 -1 0 0 0 0 0 201 164 0 152 (D) T -18 0 0 0 0 0 -974 70 12 53 -3 (D) ^D00 (D) ( 0) 0 0 T0 0 -36 (D) T0 D0 ( 0) (D) P)0 0 0 0 0 1 0 0 -1 0 0 0 -696 2 0 T0 P) P)0 P)13 25 p-2 ( ^ 8 0 -3 0 8 0 2 191 P) 0 0 0 0 0 0 0 0 0 0 0 7 -8 0 T0 8 0 0 0 0 0 0 0 0 0 0 5 0 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 P)0 0 0 0 0 0 367 P) 39 -5 0 0 0 0 0 0 0 0 0 0 0 -137 0 0 <i -13 0 0 0 -13 0 0 -5 0 0 -5 0 °k 97 0 P) P) 0 0 0 ( 22 6 9 65 51 P) 0 41 0 P) 28 0 7 0 0 0 0 13 0 0 0 6 0 0 0 0 -2 0 0 0 3 a 0 457 20 1 23 0 0 0 0 0 -4 T0 n 0 52 127 -2 0 0 -2 0 ( 0) 0 0 0 0 0 Other industries 676 2 0 2 0 0 0 0 0 0 D0 Services 58 -3 0 0 0 -3 0 0 (D) 0 0 0 1,132 Banking 180 1 0 0 0 1 0 0 (D) 0 0 0 Other manufacturing Finance (except banking), insurance, and real estate 795 -287 0 0 0 0 5 0 Transportation equipment Wholesale trade 1,336 1 0 0 p)0 and electronic equipment 0 0 0 0 0 0 0 0 0 0 (D) 0 0 0 T T P) 0 0 0 0 0 0 0 0 0 0 -1 8 8 (D) 20 0 0 0 20 0 0 140 12 2 0 126 fl -1 2 0 0 0 2 0 0 0 0 14 0 P) 0 0 2 0 1 (D) (D(D) 8 1,718 343 349 -55 10 2,974 8 0 (D) 1 0 () 6,180 608 0 1 0 602 13 -8 0 -157 190 -815 p) fl 1,503 850 Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.2. ( 0) l0 0 88 (D) 1,636 1,046 37 56 30 102 4 2 -61 0 p n0 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other D R D0 -797 Electric 6 1,007 123 0 -8 D -203 Addenda: Eastern Europe1 European Communities (12) 2 OPEC 3 T Machinery, except electrical -733 0 Middle East Israel Saudi Arabia United Arab Emirates Other International 106 (D) P) 2 5 543 44 3,854 . . . . . . (D(D) () 196 131 95 4,541 282 22 . () 0 0 0 0 D 238 0 7 0 0 (D) -196 Primary and fabricated metals n n0 0 0 257 P) 0 P) -5 0 -81 -8 5 ( 1 14 0 0 0 a 696 33 0 31 0 -18 P) 67 P) 659 P) n p) P) p) 34 146 a'! 0 0 0 0 0 1 0 0 P) -5 0 -2 0 n1 0 0 -4 0 0 0 n0 «3 0 3 0 0 ^3 3 (D P) 0 0 (D 0 879 P) 503 0 424 P) 167 4,032 -6 1,529 66 187 T4 P) fi P) 0 2 1 15 0 1 0 P) ?! 86 38 0 0 1 n0 0 p) P) -17 -1 -3 0 -13 1 0 0 P) 0 23 0 0 0 3 20 0 3,822 P) 0 2,973 0 0 90 0 (D ^0 0 0 0 0 P) 0 P) P)0 p)0 P) 0 422 227 0 26 0 0 167 3 0 -1 222 81 0 0 0 29 -90 0 0 _•< 0 P) 0 0 0 0 0 0 n n T0 2,079 a 61 13 353 8 fl p) 464 0 -11 0 8 -90 28 -4 P) 0 15 P) 0 0 ^ 0 0 0 0 ^ ^ 0 a 0 1 T P)0 p) p) P)0 0 0 0 0 P)0 0 T P)0 0 0 0 0 0 5 0 0 P) 0 3 0 0 P) 0 0 0 0 0 0 3 0 0 0 3 2 2 0 0 0 -6 0 -6 0 0 58 P) 0 0 4 0 0 0 0 P) -39 0 1 0 P) 2 7 0 0 P) 1 0 0 0 P) 0 T0 "a P) 128 1,374 53 -fl 11 0 226 n 0 -820 5 7 990 0 an 2. See footnote 2, table 11.1. 3. See footnote 3, table 1 1 .1 . 0 540 P) P) 317 0 0 322 n 363 P) P) 3,107 -26 0 399 P) P) 536 P) SURVEY OF CURRENT BUSINESS 144 * August 1994 Table 13.3.-U.S. Direct Investment Abroad: Equity Capital Outflows, 1992 [Millions of dollars; inflows (-)] Manufacturing All industries AH countries 14,438 Canada . . Europe Austria Belgium Denmark Finland France 556 . . . 9,253 4 194 22 (D) 3,142 Germany Greece Ireland Italy Luxembourg Netherlands 1,405 Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other 205 30 274 32 74 14 5,677 598 % 451 13 (D) . . Latin America and Other Western Hemisphere South America Argentina Brazil Chile Colombia Ecuador p@ru Venezuela Other Central America Costa Rica Guatemala Honduras Mexico Panama Other Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands, Caribbean Other • Petroleum -468 226 0 0 0 0 3 "o 29 1 0 10 "o 0 0 p( ) l 653 0 5 0 P) Q 959 0 P) 0 0 806 0 3 0 61 0 0 -1 0 0 180 0 P) 79 0 7 0 0 0 0 0 -7 0 2 3 0 0 318 0 P) 128 -5 P) 6 0 6 0 0 0 0 0 0 2 0 2 0 0 0 0 0 0 1 (D) 1,481 576 0 74 129 1 236 (*) «Z0 5 (D) 70 0 0 0 73 (D) (D) 0 -4 0 0 1 0 0 -237 1 (D) (*) D 1,201 441 77 (D) -13 156 ( 7J (D) n P) <! (D0 (DP) ^ 0 0 0 0 0 P) 91 0 -o 0 91 0 0 31 R -22 -5 P) P)0 80 0 0 0 2 0 -57 0 0 0 1 P) P)0 0 0 0 0 0 0 0 3 (D0 ^ 0 -8 0 P)0 (D) P) 0 0 3 P) 47 153 1,545 P) P) 27 0 P) -6 P) -3 24 -6 0 1 2 3 P) 259 240 T P) 0 0 0 P) 0 1 0 24 0 0 0 0 TP) 80 89 80 0 0 <3 0 0 0 0 Rn 0 0 0 0 2 0 0 0 0 0 1 ^ 0 0 0 0 0 2 0 0 2 0 0 0 0 0 0 P) 0 0 0 0 0 0 0 n 0 —2 0 0 0 0 5 0 0 0 P)0 "c 0 0 0 P) p R 11 ^ P) T 0 9 0 P) P) P) 0 0 0 0 0 T0 Q P) 0 0 0 0 P) <3 P)0 n0 (0 0 0 0 0 0 0 0 0 0 0 'l •p) -3 -1 P) T 0 0 0 0 0 0 Q 0 0 0 33 565 0 11 P) 974 0 0 0 0 0 0 0 0 0 0 0 -336 0 0 n1 786 81 0 1,657 0 0 0 0 0 0 0 0 0 0 0 -46 -1 0 4 0 D ti R 0 0 0 0 0 0 0 0 0 0 12 0 0 61 730 1 0 0 § 0 0 P)0 0 0 n -6 0 <D^ P)0 fl0 1 0 0 210 0 0 0 262 P) T0 p0 P) 79 P) 300 P) 49 -6 21 ^0 P)0 P) P)0 P)0 5 0 0 0 5 0 0 0 0 R 3 0 ^ -10 0 0 0 -10 0 0 P) 0 0 0 R -125 23 0 0 160 0 P) fl1 R 3 3 0 0 0 0 0 -5 P) 0 300 706 3 0 P) 0 62 (D1 0 0 0 0 0 R 4 1,123 0 0 0 0 P) 0 0 0 Q 0 0 0 0 -10 D -158 '?, 2 0 2 0 0 ( P) 922 -3 P) 184 R 355 P) 1,220 0 0 0 P) 119 112 1,644 13 0 0 0 0 0 0 0 1,319 -509 88 3 P) 2 0 0 1,026 172 P) 0 47 0 P) 0 14 (D) 0 1,225 386 53 0 P) 14 1 38 P)5 ^ 1,404 1,377 -5 10 0 0 6 0 0 0 0 0 0 (D Other industries P) «0 0 0 0 °0 29 0 0 2 0 109 (D) P) 142 ^0 T fi Services 240 0 0 0 0 -84 99 304 -81 93 36 (D) (D) -120 (D0 0 0 P) Banking Finance (except banking), insurance, and real estate Wholesale trade P) 0 () -251 579 8,299 382 R ^ T 104 P) D0 0 -77 -428 "o 0 369 (D) 0 Asia and Pacific Australia China Hona Kona India . " " i Indonesia japan Korea Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 873 0 0 0 0 p) 8 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.3. 142 0 P) 0 0 0 S 4 T () 1,550 92 fi D P) 980 0 139 210 0 0 Addenda: Eastern Europe1 European Communities (12) 2 OPEC3 P) 804 397 14 64 (D) 1 0 0 P) 470 (D) Internationa! P) 5,216 466 Middle East Israel Saudi Arabia United Arab Emirates Other Nigeria South Africa Other 80 231 369 (D) 75 J) ( ) 290 -22 15 (D) EdVDt r".?'" . 798 12 473 328 285 -5 0 48 Africa 892 1,075 260 163 125 (D0 ^ D0 1,325 186 -19 2,728 104 0 1 0 77 23 3 634 1,037 1# 425 0 Other manufacturing 1,426 6,876 () P) 23 Transportation equipment Chemicals and allied products 0 0 0 6 62 1 D0 Electric and electronic equipment Food and kindred products Total 944 Machinery, except electrical Primary and fabricated metals lP) (°l P) (D ^ 0 0 15 0 0 16 0 0 P)0 0 0 0 0 1 4 0 0 C) 0 0 0 «0 0 0 0 0 0 50 0 © 0 0 0 0 3n 17 -5 D hp) -6 0 0 R -250 0 2 3 0 -269 0 0 0 2 P) P) 0 0 P) -5 P) 36 20 -1 1 P) 18 13 5 P) ^ (D0 ^ »0 0 0 0 0 0 R -2 0 0 0 -2 0 0 -56 0 0 0 -56 0 0 1,262 14 0 64 0 (D0 0 0 0 0 0 0 3 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ( 1 P) 0 0 P) ^ (D P) 0 ^ "o T p ^ 0 3 (D 162^ 6 0 28 0 0 58 P) P) 3 0 P) P) 0 0 n 64 1 0 0 (D 110 ^ -1 0 0 -2' 0 0 1 (D 0 P) 5 1 1 0 0 0 655 147 0 n0 Rp) 0 -1 0 p) 0 0 q l 0 3 425 4,536 P) 62 563 P) 31 905 P) P)91 -8 0 877 0 2. See footnote 2, table 11.1. 3. See footnote 3, table 11.1. 128 533 0 0 958 210 aS 0 p) 1,196 0 0 874 -6 0 -233 -4 0 1,167 0 P) 617 P) August 1994 • 145 SURVEY OF CURRENT BUSINESS Table 13.4.—U.S. Direct Investment Abroad: Equity Capital Outflows, 1993 [Millions of dollars; inflows (-)] Manufacturing All industries All countries 17,423 885 Canada .. 11,131 Europe .. Austria Belgium Denmark Finland France (D) 137 8 936 Germany Greece Ireland Italy .... Luxembourg Netherlands . 1,265 31 341 675 uB *3 214 Norway Portugal Spain . Sweden Switzerland Turkey United Kingdom Other Latin America and Other Western Hemisphere South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other Africa Eayot Nigeria South Africa Other Middle East Israel . Saudi Arabia United Arab Emirates Other . Asia and Pacific Australia China . Hong Kong India.. Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other International Addenda: Eastern Europe * European Union2 OPEC3 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.4. D () (D0) 0 0 0 6 T 460 ( ) 131 P) 10 56 P) 213 P) P) 142 258 779 0 349 0 0 1,133 0 0 0 0 428 1,139 0 589 -6 '1 1,776 0 24 1 0 94 1,000 0 '! 0 P) 488 P) 3 1 0 36 760 0 P) (D2 582 0 3 0 0 4 p-1 ^ P) 76 0 5 P) 0 P) 42 0 0 P) 0 0 81 0 155 P) P) 187 0 16 0 8 <30 58 0 0 1 0 0 14 812 (D) P) 532 (D) 320 P} 0 126 T (D) 425 P) P) 0 0 2 0 1 430 0 2 (D) 20 (D) 9 P) 0 15 «0 0 0 0 0 0 0 0 0 0 0 6 5 i P)0 ^ T 1 36 69 (D) 806 206 189 213 68 (D) 3 0 (D) (D) 2 0 0 .8 8 4 () 41 (D) 373 (D) D 311 T( ) D T 0 0 0 0 0 P) T P) 0 0 0 0 0 0 D0 () 1 299 (D) 17 0 0 0 8 T 18 25 fl -46 <1 -272 0 866 0 P) 2,581 476 271 239 182 197 1,159 48 46 115 -35 113 1 2 7 0 -2 0 4 4 0 260 19 -40 P) 0 -15 0 8 228 (D) T 0 145 33 0 0 1 0 fl (D) (D) 987 8,118 206 (D) -250 131 T (D) 1,099 -139 1,004 2,154 0 0 0 0 ^ "o (D) 2,239 570 29 640 9 -2 974 6,563 0 51 -7 (D) 736 2,542 1,623 71 (D) 668 450 8 p)0 998 Services D 1,750 338 1,714 0 1,001 Banking 1,223 -2$ P) (D) (D) Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean . Other -45 0 0 0 D0 Other manufacturing 3,593 9,432 % P)2 .. .. -209 Transportation equipment Finance (except banking), insurance, and real estate Chemicals and allied products 3$ 995 52 13 Central America Costa Rica Guatemala Honduras Mexico Panama Other 241 Electric and electronic equipment Food and kindred products Total p4 -166 .. .. Petroleum Machinery, except electrical Primary and fabricated metals 5 P) 0 0 0 D0 () T 0 D0 ( 0) 0 0 0 0 0 0 0 0 0 0 0 p T^0 0 0 0 0 29 0 (D) 0 (D) 0 0 T0 0 0 0 D0 () T <D0^ (D 0 0 0 0 0 0 0 0 0 0 0 ^ 0 0 "o 0 0 0 0 0 1,171 5 187 170 (D) 145 (D) -165 3 0 0 D0 () D0 ( 0) 0 ( i1 0 0 0 0 P) 10 0 0 0 0 0 0 0 p 5 0 5 0 0 () 8 0 0 0 0 0 0 0 «0 707 6 46 P) 2 P) l T 0 0 0 0 0 T 2 2 0 0 0 (D) 2 (D) p P! 5 0 5 0 0 0 0 0 0 12 5 7 0 0 0 ^ D0 ^ P, 0 0 0 0 0 T p P) ^ p) p ^ 0 0 0 0 0 p) q «Z ^ T T T -4 0 0 0 0 0 0 0 0 Wholesale trade 1,499 1,146 8 8 82 0 9 0 P) 0 0 «0 0 0 26 0 0 3 444 7 1 3 40 4 57 0 206 5 0 0 6 0 5 3 400 3 P) 129 268 280 T 23 -2 T0 T 0 0 0 0 0 2 0 0 0 5 0 0 0 5 0 0 17 0 0 0 17 0 0 107 0 0 0 107 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 3 0 0 0 T 0 0 0 0 21 0 0 0 0 14 547 0 P) 6 0 0 393 5 (D ^ 0 1 0 11 (D0 ^ 0 50 T 0 0 0 0 0 p) 1 0 0 "9 T0 80 p «2^ P) -3 1 0 0 0 0 0 0 0 0 0 0 p)0 230 0 2 0 «0 0 0 0 0 0 0 0 T 0 0 P) 0 0 0 0 0 8 0 0 0 0 0 2 0 2 0 0 0 0 0 0 0 387 3 0 76 48 0 7 0 0 16 P) 0 -6 0 0 0 8 0 0 0 0 0 0 0 0 1 102 0 0 0 0 p) 3 0 T<D ^ 0 2,387 ( i p) q 0 0 4 0 P)2 73 0 581 P) 388 0 0 0 272 P) 185 -23 704 '?1 (D ^ -111 P) R 0 "o 0 4 669 Other industries «0 T 0 0 0 0 0 0 0 8 264 0 0 0 194 69 0 ( 109 84 0 30 P) 0 0 P) 0 °l { T0 P) 0 0 °l0 0 0 P) P) P)0 31 P) -2 P) 0 0 42 0 177 0 -1 0 0 0 0 0 -1 0 0 0 0 0 0 0 0 0 0 11 0 0 4 8 3 0 0 0 0 0 166 23 P) -11 P) 6 39 8 368 125 -2 0 447 102 0 <30 (D44 { l 0 "o 0 0 15 ( 3 l0 p 241 «0 1 3 1 0 -2 0 0 0 0 0 4 6 0 0 0 0 «0 0 0 p) p)0 p)0 0 1 1^ 0 0 0 0 0 5 0 110 (D0 n^0 6 338 4,491 9 69 640 0 670 7 0 349 0 0 1,017 0 1 . See footnote 2, table 1 1 .4. 2. See footnote 3, table 11.4. a 0 0 p)0 7 1,128 2 5 528 P) 0 481 17 i,e(S 13 n. 752 0 P) 449 P) 146 • August 1994 SURVEY OF CURRENT BUSINESS Table 14.1.—U.S. Direct Investment Abroad: Reinvested Earnings, 1990 [Millions of dollars] Manufacturing All industries Petroleum Total Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing Wholesale trade Banking Finance (except banking), insurance, and real estate Services Other industries 21,436 1,943 9,826 1,270 2,296 692 1,463 798 1,366 1,941 3,319 -1,776 6,885 1,127 Canada .... 288 -421 423 209 207 154 -185 80 -139 97 117 55 353 59 -299 Europe .... Austria . Belgium Denmark Finland France . 12,347 211 817 61 3 758 1,745 18 40 P) P) -5 5,318 157 418 30 679 7 52 26 1,278 3 189 333 164 30 -6 -44 -3 149 92 U 0 -38 3,519 -21 201 17 0 100 -101 393 2,270 61 194 23 20 332 988 1 P) n 723 P) 64 1 -1,394 -3 T (2 1,319 -4 -7 -2 59 n -4 -1 Germany Greece Ireland . Italy Luxembourg Netherlands . 1,252 28 781 1,084 -90 2,403 559 3 P) 41 4 -56 701 10 381 765 -85 565 56 0 42 107 0 135 203 10 87 217 P) 196 125 0 2 -2 P) 74 267 0 65 P) 3 36 90 -1 32 -27 1 57 170 0 4 -15 1 5 -31 -5 317 123 -17 1,016 56 5 P) 35 P) 461 39 0 -1 10 P) 13 Norway Portugal Spain .. Sweden Switzerland Turkey United Kingdom Other 307 105 1,308 172 2,123 62 951 312 1 28 2 166 P) 640 -17 11 24 1,079 173 184 19 507 P) n 11 3 4 1 P) n 15 0 134 P) P) 4 78 (*) ( ) 71 1 8 4 132 -1 P) 3 -22 6 1,428 0 438 P) 1 17 78 8 95 P) 112 7 —3 2 1 -2 -31 1,933 194 447 125 867 161 462 55 136 5 -9 54 4 18 -15 -6 4 35 214 28 159 5 32 -4 -19 12 -1 47 P) 15 17 P) 2 975 23 7 13 963 -1 -29 168 8 5 198 D6 fi—1 0 193 P) -1 All countries Latin America and Other Western Hemisphere g 4,874 South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other 1,189 105 665 269 122 -7 Central America Costa Rica Guatemala Honduras Mexico Panama Other 1,888 31 8 -11 1,201 667 -8 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands, Caribbean Other 1,798 Africa -128 120 45 -147 95 1,451 150 125 30 -9 101 n -153 98 Nigeria South Africa Other . Middle East Israel . Saudi Arabia United Arab Emirates Other . Asia and Pacific Australia China . Hong Kong India .. Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other . International Addenda: Eastern Europe European Communities (12)2 OPEC3 4 Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote Liable 11.1. 2. See footnote 2, table 11.1. D -173 88 -166 -160 -44 -39 P) -9 -7 P) 28 25 8 n1 n -16 19 121 P) 16 29 4 6 -1 P) 10 14 -354 80 -184 a 90 -1 n1 21 61 o (D) -7 6 P) 8 0 n n 1 1 /D\ /D\ 0 11 5 4 116 4 4 85 23 12 2 4 6 -1 ( 610 107 373 93 36 203 4 (*) 114 85 233 0 -7 0 0 3,434 958 -23 361 39 627 95 199 84 -4 81 664 164 200 -13 854 317 -64 36 -8 656 1,802 430 18 179 26 12 174 45 95 9 90 504 117 100 2 176 89 1 4 (*) ( ) 30 20 1 2 11 6 D6 -147 -1 -31 -23 P) 84 1 P) 7 0 -1 n 37 -55 -26 9459 946 /D\ m\ o 1 257 501 4788 234 596 -3 n 35 -1 0 n 6 28 P) -12 P) 0 D n -13 1 16 3 90 o n n P)3 n -8 8 D P) P) 0 0 0 0 P) 0 0 0 0 P) 7 ( 2 14 P) n2 P) 2 P) 0 -7 2 193 83 6 14 5 -22 14 3 5 41 -3 25 18 P) 1 4 (*) 1 0 0 72 28 -2 P) 1 1 10 7 P) 2 2 3 4 5 0 n P) -1 -10 0 -97 -115 P) -283 P) 0 0 0 P) 0 18 0 0 0 18 0 0 821 (D\ /D\ -108 62 81 1 22 124 0 420 -152 13 -9 -13 16 -15 747 271 2,534 37 234 217 -17 219 526 -9 395 30 34 P) P) 64 -1 81 10 29 P) -4 1 15 26 P) 101 38 -13 63 3 -3 3 2 9 265 -74 199 141 -2 -1 0 3 -1 19 7 -5 9 1 0 -1 6 2 16 8 32 -10 -3 -3 P) 2 P) 91 -4 0 753 0 1 3 83 665 (*) 0 1 65 7 ( } D 2 0 -11 0 6 P) 57 P) 71 1 285 P) 23 33 -4 -296 12 -881 P) -103 335 0 0 0 335 0 0 203 5 18 0 o 0 0 0 0 0 0 0 0 0 0 P) 0 P) 2 1 24 0 0 20 4 18 12 4 2 1 -7 4 1 0 -13 60 1 6 P) 5 3 0 1 1 1 1 (*) 0 0 P) 78 P) 0 0 -1 -1 0 0 0 -2 31 P) P) 10 -3 -20 0 P) (*) ( ) 382 35 2 19 14 501 15 126 81 P) n0 0 0 4 0 P) P) 0 0 0 n0 0 0 1 0 0 n0 0 44 1 0 37 6 n -71 -2 P) 1 0 298 30 P) 0 0 0 p) (DJ 18 -1 -3 53 -10 71 7 24 192 33 18 n n 552 -35 -40 -2 -37 P) 2 1 0 0 150 P) o 1 7 -81 (*) P) -209 ?i -1 P) 3 39 115 -16 545 13 283 11 p)D3 -38 -8 20 2 12 P) D P) 222 114 n0 37 1 0 -5 0 P) 0 0 8 205 P) -4 n n 14 ID\ /D\ o n 352 99 3-2 P) 137 16 14 -3 12 31 P) -1n 2 56 33 n 99 -42 53 54 -1 P) P) 0 30 n 612 138 47 55 3 P) 122 67 4 P) 13 .96 54 23 -1 n -3 -1 n -200 -112 P) 0 -2 n -3 -112 P) -306 -11 -87 17 1 -228 92 7 P) -16 -68 -21 P) 5 1,516 -29 18 1,390 8 13 2 161 -39 n -148 5 -893 -6 -7 3 19 1 P) 4 -1 3 P) 153 P) 0 -27 n -1 -1 P! 2 -1 2 P) n 6 -3 1 1 7 7 -1 0 144 7 P) P) 12 -1 -5 -8 26 6 3 2 P) P) 274 -55 25 30 P) 44 2 1 -45 -2 -1 1 P) 13 6 6 0 173 109 P) 89 D P) -2 -4 3 56 n n 45 -1 -2 221 2 11 -2 P) 28 4 3 P) Pi n 37 24 7 2 8 P) 92 (*) 1,267 177 o 311 -4 0 1,125 6 *D\ 13^ -4 n 694 -9 o 662 72 _1 1 633 45 P) -1 131 48 0 2139 137 1 875 25 n -101 -45 3. See footnote 3, table 11.1. NOTE—In this table, unlike in the international transactions accounts, reinvested earnings are shown without a current-cost adjustment. SURVEY OF CURRENT BUSINESS August 1994 • 147 Table 14.2.—U.S. Direct Investment Abroad: Reinvested Earnings, 1991 [Millions of dollars] Manufacturing All industries 18,327 All countries 461 Europe Austria Belgium Denmark Finland France . Germany Greece Ireland Italy Luxembourg Netherlands .. .. .. Petroleum 2,294 -604 9,267 49 823 152 -49 1,191 1,975 P) 31 2,471 -31 1,145 1,230 126 1,914 692 4 216 367 609 612 1,972 2,754 -1,863 6,131 657 -76 -12 94 20 525 -81 7 -7 206 199 3,706 17 519 41 -2 721 748 1 32 37 2,247 4 530 336 n 95 T 304 47 -12 -9 -1 47 -497 (D) 16 0 0 32 1,065 (D) -58 (D) 1,986 11 154 59 -49 362 -1,410 2 P) -9 -1 -67 2,750 P) 144 17 0 12 368 -1 11 P) 364 19 5 (*) 28 -496 -2 -8 -2 3 -85 1,548 14 599 736 92 253 199 -2 51 106 0 -2 113 11 353 343 (D) 290 135 0 20 13 7 47 104 0 36 (D) 115 6 -9 216 2 483 -91 P) -14 217 -1 539 78 62 1,005 -18 P) 6 85 n n 14 n P) 42 15 163 1 8 63 -5 17 1 108 D ( ) 7 1 -482 D ( ) 5 -1 -164 -1 30 25 10 116 P) 94 7 (D -23 11 1 -1 -90 10 468 414 1,338 249 594 261 47 -2 -45 174 60 -68 49 -58 P) -70 3 172 -9 121 (D) 32 2 11 694 -8 497 -29 115 7 -17 127 3 Central America Costa Rica Guatemala Honduras Mexico Panama Other 1,856 13 -15 -7 1,344 531 -10 66 4 -16 -1 9 68 2 1,055 25 3 12 1,047 -18 -14 235 12 4 (D) 220 (D) (D) Other Western Hemisphere . Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other . . . . 1,801 -361 108 1,362 162 84 250 -11 193 15 34 7 8 -11 67 5 6 1 . . . . . . Africa Egypt Nigeria South Africa Other •3 811 12 8 22 1 -2 12 2 1 n n n2 1 1 0 2 -31 -70 188 115 -264 -150 -89 171 (D) (D) 111 2 17 73 18 30 Middle East Israel Saudi Arabia ; United Arab Emirates Other 631 110 457 76 -13 72 5 5 64 -2 223 n n n0 0 0 Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea Republic of . . Malaysia New Zealand Philippines Singapore Taiwan Thailand Other 2,873 -446 -16 569 38 860 873 -14 191 75 103 512 290 -133 -30 947 -99 -47 99 (D) 891 188 -1 53 67 P) 88 6 (D) -39 1,249 298 12 77 22 6 224 -107 106 -19 104 298 181 44 3 128 58 (D) 131 21 -41 7,789 1,680 -50 2,030 1,041 International Addenda: Eastern Europe l European Communities (12)2 OPEC3 . 4 Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.2. 2. See footnote 2, table 11.1 D Other industries 2,998 1,816 . Services 167 33 . -302 Banking 1,487 4,994 South America Argentina Brazil ... Chile Colombia Ecuador .... Peru Venezuela Other Other manufacturing Finance (except banking), insurance, and real estate 637 -46 Latin America and Other Western Hemisphere Transportation equipment Wholesale trade 7,743 12 -3 -294 101 114 47 -828 22 A Electric and electronic equipment Chemicals and allied products 35 5 -1 -2 -59 .. Machinery, except electrical Food and kindred products Total 75 93 -424 120 1,180 57 -904 47 Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other Primary and fabricated metals R n ft 8 29 0 -10 D 25 1 -4 42 -5 1 5 n n -329 -361 ( ) n -16 (D) 2 27 l 210 8 34 4 0 fl17 n -2 (D0) 31 () n n 25 (D) n ^ p l 0 0 0 0 0 0 -5 1 " ( ) D 0 0 217 8 4 -7 9 -3 85 -28 8 8 42 1 63 23 3 0 0 0 0 0 233 125 2,331 10 445 195 141 -32 52 11 1 -5 24 3 122 9 72 24 4 -6 3 4 12 257 23 85 146 -2 17 9 -6 8 P) 0 P) 120 28 37 51 0 407 -31 373 (D) 26 3 (D) 51 -1 3 26 394 0 0 0 394 0 0 163 7 -1 (D) 158 2 (D) 134 -8 -1 2 69 71 -14 0 -1 1 P) 455 0 1 3 97 354 60 1 99 -9 n n -24 130 1 2 0 0 0 0 0 0 0 0 0 0 27 0 -96 -124 59 36 18 -180 1,620 -74 11 1,298 -67 2 P) 2 226 3 0 37 8n " P) 31 3 2 1 1 0 0 58 13 « 1 18 8 1 n2 n 9 9 1 0 0 8 0 (Dn ^ n0 (D0) 0 0 0 n0 D () pi 1 2 1 P) 85 <10 (D) 391 70 1 33 14 184 10 -8 11 -1 (D) -23 -44 59 1 8 123 46 2 (D) 8 n 12 ( 2 176 48 B ^ 275 -1 207 (D) ( ) 2 -4 -1 1 q 35 18 11 465 0 169 12 I? 597 D 0 0 '3 146 -2 -25 30 -1,265 28 fl12 1 J3 n 32 0 0 0 32 0 0 ( 17 41 -295 -10 568 32 269 15 10 669 T <i n 4 -21 9 26 D n0 3 0 8 -24 —00 fl 1 21 (D) 196 (D) 2> ( «£| P) -20 56 (D) 137 0 -1 8 (D ( ) 0 -3 -21 1 (D) 239 292 5 157 163 23 -108 (D) 21 -1 (D) (D) ( ) (D) -24 (D) .£ D fl9 238 16 190 18 31 -4 -11 -2 -1 15 (D) "1 P) D 610 n0 1 0 10 7 0 3 n -1 -1 0 0 0 -95 42 P) ( i -68 (D) 0 (D) 4 ( l 0 n n 22 T -1 p) 27 0 (D) 22 (D) -2 P) 1 0 366 98 4 28 -2 &18 24 T -2 24 fl n n -8 1 0 -59 n 8 T5 P) fi (n 1 i 6 (D) -5 -7 0 P) 8 P) 0 3 16 -7 509 -346 P) 329 a 344 23 8 -67 20 81 64 28 5 _H -1 5 3 n 382 7 -1 -2 1 «3 -6 8 -3 P) n 3 1 23 n 2 9 8 n0 ( i 8 232 12 P) P) P) 14 1 9 n4 37 2 17 P) P) -604 -343 1 22 48 613 46 57 -37 101 35 J2 -5 291 -10 10 -7 P) 104 12 P) <?, -24 84 -82 -2 26 8 18 —1 3 -i!3 42 3 P) 44 I 24 6 0 72 -3 P) 124 P) 4 P) -11 110 n 3,396 290 1 723 36 n 2,198 124 o 313 11 n -616 8 £-1 ~& 54 0 1,021 58 2 1,402 52 9 -1,442 54 2,264 P) 1 261 20 P) -123 P) 3. See footnote 3, table 11.1. NOTE.—In this table, unlike in the international transactions accounts, reinvested earnings are shown without a current-cost adjustment. SURVEY OF CURRENT BUSINESS 148 • August 1994 Table 14.3.—U.S. Direct Investment Abroad: Reinvested Earnings, 1992 [Millions of dollars] Manufacturing All industries All countries 15,059 Petroleum -2,288 1,612 2 241 3 7 305 143 -8 -999 -5 4 -3 3 -260 17 1 411 399 -4 0 19 15 6 38 -197 0 -49 P) 2 P) -18 §2 (D) 3 P) 40 1 5 18 s 1 1 -143 -38 28 0 -289 -327 Latin America and Other Western Hemisphere -839 114 304 -68 1,299 104 -1,197 -114 6,794 South America Argentina Brazil Chile Colombia Ecuador . Peru Venezuela Other 2,646 219 1,807 230 9 -11 -5 334 64 Central America Costa Rica Guatemala Honduras Mexico .. Panama Other 2,450 203 4 -35 1,643 628 7 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago . United Kingdom Islands Caribbean Other 1,697 492 209 851 132 85 110 -15 Africa Egypt Nigeria South Africa Other Middle East Israel Saudi Arabia United Arab Emirates Other Asia and Pacific Australia China HonQ Kono India Indonesia Japan Korea Republic of Malaysia New Zealand Philippines Sinaaoore i; ,o " Taiwan Thailand Other International Addenda: Eastern Europe * European Communities (12) 2 OPEC3 4 Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote Liable 11.3. 2. See footnote 2, table 11.1. 0 -108 -59 -434 -385 -12 87 -124 5 -11 9 19 (D) 190 -53 -122 -93 -32 15 P) -137 -13 (D) 21 19 -16 1 -4 P) J3 -13 p l -30 «5 8 B -690 -416 -35 8 9 663 640 100 325 8 -30 323 -71 349 65 -1,131 -68 ( 'l -28 £ 3 .324 57 4 n 47 22 0 74 146 0 -4 -60 2 P) 0 R fl' -181 6 195 112 3 P) 69 -16 50 P) 5,865 646 584 -95 218 44 -459 1,113 -58 1 -53 3 288 -1,038 -8 P) -2 -3 -76 2,847 17 68 12 353 -4 83 -17 1 -129 -13 P) 40 12 22 111 3 240 95 10 P) -18 1 2 16 P) 624 59 57 748 12 56 P) 29 125 22 4 P) -4 14 -1,200 44 -140 n -7 103 -182 -6 1,126 836 440 918 1,498 130 974 1 109 4 -11 286 5 100 36 1 (D) 24 (D) 67 (D) 79 -21 (D) -203 -42 572 590 30 457 6 31 2 4 63 97 42 18 62 7 3 -23 -14 3 412 42 338 6 P) 24 6 415 60 251 11 25 -3 -6 79 -1 1,343 39 10 15 1,262 21 -4 243 245 206 10 3 228 P) -14 0 -1 fl 2 1 P) 46 -5 6 1 n % P* -2 35 (D) T P) 185 17 n H P) 2 -8 1 6 0 1 1 99 -5 8 60 36 15 86 30 -98 77 -10 -5 44 3 (D) 55 P) 28 7 -26 -14 2,112 413 26 133 17 3 301 -20 189 3 162 718 132 33 2 100 77 26 2 44 26 0 -25 3 S0 116 -6 661 4,795 1,110 -36 1,156 54 108 623 38 208 170 165 798 271 104 26 -40 -112 fl 2,569 348 232 163 67 3 (*) -409 18 <J (D) Services 2,887 105 4 20 61 19 -136 811 -103 Banking Finance (except banking), insurance, and real estate Wholesale trade -6 250 1 334 -4 463 219 82 83 79 3,052 648 334 17 -11 11 1 139 335 -397 -144 294 -8 -148 -787 -9 56 1,719 121 274 16 12 440 Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other 1,643 183 395 162 -1,377 -70 14 (D) P) 511 1,550 2,697 235 3,489 -13 389 -72 16 338 () 476 1,143 516 Europe Austria Belgium Denmark Finland France 43 1,304 778 147 1,302 Other manufacturing 7,567 -366 D Transportation equipment Chemicals and allied products -148 . -337 Electric and electronic equipment Food and kindred products Total Canada Germany . . Greece Ireland Italy . Luxembourg Netherlands . Machinery, except electrical Primary and fabricated metals 16 -139 " 233 (D) n -7 -2 n p)3 n1 p) P) 1 -6 0 P)0 fl11 (D 1 -8 0 0 0 ^ °l 0 0 0 11 -6 15 2 P) T( ) l8 3 3 67 (D) <20 T0 207 90 12 (D) 183 64 -6 23 12 -9 -26 -13 6 4 75 -11 54 8 2 0 2 <£j fl14 24 1 -5 51 3 3 16 n ( D ( J! -4 n6 p) -394 P) -197 n0 0 0 h 35 3 0 0 33 0 0 n 554 0 0 0 554 0 0 "o 1 0 0 0 0 0 0 0 0 0 0 0 P) 4 1 0 2 1 fl0 T T0 0 P)0 0 0 0 0 0 0 0 0 n 22 -2 -2 0 <317 0 1 4 -2 1 1 146 144 'l0 ( 'l0 71 20 -1 829 49 P) 1 13 1 P) & -2 l 4 4 P) <31 fl 0 ( A R 0 121 0 t n n -44 -1 5 P) D -1 -262 9 (0 ^ 479 18 P) ( 440 1 3 46 -1 2 -74 14 149 1 11 227 43 18 n 0 0 -57 54 P) P) 0 -66 -63 0 0 n -1 0 0 n P) -6 fl 14 8n n -68 -106 42 1 1 76 P) 196 n 2,081 109 480 564 21 452 42 P) 0 -1 34 P) 19 9 -4 P) 0 -2 3 P) 148 5 15 90 1 -5 P) P) 16 720 0 1 4 126 589 48 1 141 P) n 229 -20 2 797 111 12 854 42 191 n 22 n4 "o p) n n 810 n -81 -1 0 32 12 6 10 4 -18 -2 -1 0 -15 76 1 9 4 62 30 24 1 9 10 -1 0 23 7 0 P) -23 35 P) 8 102 P) 13 2 P) 667 109 -1 332 9 3 P) 12 n 439 135 3 65 19 8 2 19 12 11 20 n 1 19 -2 967 162 P) 385 3 1 212 -31 P) -18 15 59 114 23 6 P) 341 167 -1 87 41 6 -127 102 30 5 -22* -7 -11 46 24 n -74 P) -65 657 0 667 -47 34 0 1 23 10 -1 2 4 25 0 P) 15 9 -6 6 P) -14 6 520 390 1 0 n n n n 210 1 35 P) 2 21 P) -43 8 115 9 190 -28 -1 -2 1 0 -55 39 0 Other industries n 1 85 3 -269 fl 152 -1 4 3 P) -18 34 13 5 n 3 -3 n 2 P) 5 -5 8 0 fl s1 39 0 0 8 18 « <n> 612 225 7 129 0 P) 50 -13 3 121 3 8 2 23 -90 1,303 371 3 109 33 -4 1,572 131 0 101 6 -4 -983 4 p)40 3 p) 194 123 7 271 73 P) 915 20 9 -1,095 34 1 2,193 -21 1 263 105 P) -118 112 3. See footnote 3, table 11.1. NOTE.—In this table, unlike in the international transactions accounts, reinvested earnings are shown without a current-cost adjustment. SURVEY OF CURRENT BUSINESS August 1994 • 149 Table 14.4.—U.S. Direct Investment Abroad-. Reinvested Earnings, 1993 [Millions of dollars] Manufacturing All industries All countries Canada Europe Austria Belgium Denmark Finland France Germany Greece Ireland Italy Luxembourg Netherlands Norway Portugal Spain .. Sweden Switzerland Turkey United Kingdom Other .. Petroleum Total Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing Wholesale trade Banking Finance (except banking), insurance, and real estate Services Other industries 29,789 2,882 11,580 2,118 3,412 260 359 1,362 1,887 2,182 4,111 913 9,688 451 1,818 478 1,064 198 180 -10 -149 -38 632 251 61 -32 380 71 -205 11,620 118 428 37 -15 52 553 -21 12 (D) -3 (D) 3,216 137 242 -8 11 4 947 1 22 120 1 -2 3 1 -7 -346 62 -27 (D) -18 0 0 42 420 4 -19 -6 0 2,491 -3 42 52 -20 248 537 -6 P) -16 -3 -60 4,776 30 170 7 221 -5 52 -8 1 -174 j 2,040 5 300 -1 7 338 1,478 33 1,379 597 171 800 235 (D) (D) 49 2 138 835 11 814 403 98 246 152 1 66 11 0 102 126 4 573 240 (D) 13 25 0 24 10 -1 17 -42 0 40 136 4 112 127 -4 51 -29 59 R -fl 7$ -15 12 213 31 502 159 55 215 81 38 -93 (D) 30 103 n n -25 144 a P) 49 3 3 5 -1 69 22 19 5 50 (D) 0 2,568 -9 n -44 -3 2 -390 1 -6 -8 2 n -33 30 257 0 -3 -29 n 11 -109 313 6 147 5 22 85 n 40 -168 20 T44 P) -181 163 -13 9P) -10 0 -2 P) -55 6 2 (D) -28 -16 28 18 367 (D) 3 4 1 -49 -21 10 -1 -95 -9 -2 (D) 2 -42 (D) 61 (D) -34 -21 -3 -9 15 444 37 9,466 151 4,802 647 780 117 618 254 1,302 1,085 437 -36 3,643 53 417 South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other 4,438 238 3,501 86 90 2 -8 451 79 32 19 -31 (D) -63 4 3,297 132 2,793 -62 156 5 -2 270 6 329 18 200 6 46 4 2 47 6 329 43 213 14 42 -2 -5 23 75 620 -16 625 225 (D) 217 940 -3 780 63 655 -25 16 423 85 297 n Central America Costa Rica Guatemala Honduras Mexico Panama Other 2,611 85 17 12 1,610 873 14 (0 3 21 13 -12 13 1 0 -1 6 2 140 40 5 42 P) -5~ 0 10 0 425 -24 349 54 15 0 0 25 5 1,384 37 13 314 (D) 11 380 (D) 41 3 30 ,$ ( 1 8-1 891 0 1 4 119 768 0 43 1 2 9 -25 9 9 0 -1 1 1 8 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other 2,416 119 -421 811 121 2 Latin America and Other Western Hemisphere -84 144 -120 -122 2,341 172 4,319 -108 98 2,379 158 14 67 9 104 9 -170 6 -2 (D) -24 (D) 677 -121 1 'l T a 18 -112 148 134 271 -45 5 210 S 10 2 1 (D) Africa Egypt .. Nigeria South Africa Other .. 578 107 282 121 68 301 75 253 Middle East Israel .. Saudi Arabia United Arab Emirates Other .. 475 253 125 45 51 53 4 16 22 11 247 193 53 5,644 1,080 58 1,046 54 551 594 129 96 56 194 1,310 247 183 46 1,239 51 -63 98 -5 606 216 3 -96 6 2,136 390 75 386 20 20 -88 54 141 27 125 818 167 189 100 Asia and Pacific Australia China .. Hong Kong India ... Indonesia Japan . Korea, Republic of Malaysia New Zealand Philiooines Sinaaoore ;i ;a " Taiwan Thailand Other International Addenda: Eastern Europe 12 European Union OPEC3 . * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.4. 2. See footnote 2, table 11.4. -133 9,319 1,448 8 A4 125 1 -113 902 903 116 -3 (D) 64 (D) n 0 n n 3 0 n n 0 1 1 0 1 17 n 312 P) 72 2 0 p)2 8 1 ( i ( } D 10 8n n 0 0 0 0 0 0 0 0 0 0 15 -10 2 16 7 13 2 3 2 1 0 0 59 (D) (D 305 148 45 338 113 13 4 10 9 28 3 3 -10 53 -27 122 16 2 fl fl ?!3 11 29 1 P) 37 3 1 6 n o> 0 ( 0 •30 -3 0 0 0 0 0 0 50 362 0 0 0 362 0 0 259 8 1 1 248 2 202 (D) -2 1 65 (D) 1 0 0 0 0 0 0 0 0 0 0 0 46 0 0 -1 2 4 134 4 71 (D) -2 P) 8 2 2 3 1 39 0 1 24 14 41 P) 6 15 (D) —1 -1 0 0 0 4 4 24 6 5 14 « n0 1 0 0 0 1 0 1 1 1 177 177 2 n2 ?!0 ( 'l <20 17 -18 212 -76 (D) 50 12 907 20 6 263 -2-3S 3 107 -17 92 5 19 384 19 16 3 2 1 P) -1 (D) ( 2 440 12 (D) n a£! 28 8 0 0 19 0 1 T 3 (D) -3 1 P) -234 -27 1,208 n 'l 1 n -3 p) 1 43 0 ( 7 0 (D) 2 -4 -148 100 -27 101 12 5 1 -16 15 9 23 1 0 15 7 n4 0 (D) -121 n n 8PI <3 113 -27 59 -2 1 1 (D) -90 -2 0 ^5 ?! 0 •3 68 n n 82 n0 C) 383 143 (D) 55 -3 ( S 43 25 9 13 12 11 4 n 0 15 n 1,068 60 (D) 385 P) 456 -15 -15 11 17 90 30 -6 5 n a -2 -1 6 17 n -469 -470 n0 A 2,327 2 11 2,208 n -5 34 44 4 301 -3 76 6 -24 P) -69 -9 2 P) -17 28 n 0 43 -1 n -11 fl 31 Q34 82 P) fl 127 -6 2 195 (D l 21 a $-1 n 3 -1 1 -8 19 -13 64 1 36 fl2 1 0 5 16 90 P) 12 3 1 (P) ^ Q ( l 13 0 0 2 10 52 0 30 39 5 p] 41 4 14 2 21 27 6 15 -1 7 54 52 4 -25 3 7 -62 -1 1 137 P) -79 0 -65 29 -10 2 -11 -5 49 23 7 0 % -4 a 387 203 n 47 P) -8 -110 93 -9 P) 58 -9 4 45 25 n 769 188 0 234 n -8 152 5 73 23 11 5 n 1 9 83 -54 2,861 355 6 859 57 -5 1,993 83 3 52 16 -9 -331 11 3 -1 (D) -75 113 -21 371 75 -7 1,335 38 3 493 51 9 4,012 2 -851 30 -206 49 3. See footnote 3, table 11.4. NOTE.—In this table, unlike in the international transactions accounts, reinvested < arnings are shown without a current-cost adjustment. IJO e August 1994 SURVEY OF CURRENT BUSINESS Table 15.1—U.S. Direct Investment Abroad: Intercompany Debt Outflows, 1990 [Millions of dollars; inflows (-)] Manufacturing All industries 807 Ail countries Canada .... 2,751 Europe .... Austria . Belgium Denmark Finland France . -9,169 (D) -365 a -44 Germany Greece Ireland . Italy Luxembourg Netherlands . 13 328 282 150 -4,093 8 . Africa Egypt Nigeria South Africa Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea Republic of Malaysia New Zealand Philippines Sinaaoore Taiwan Thailand Other . . International Addenda: Eastern Europe l European Communities (12) 2 OPEC3 4 Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote Liable 11.1. D Banking Finance (except banking), insurance, and real estate Services Other industries 729 626 -20 136 -2,281 1,504 -1,004 237 -4,917 130 293 369 P) P) -23 333 P) 152 0 210 P) P) 1,085 -3 -7 112 -2 (D) -1,016 P) 14 208 1,159 -36 -1 -139 P) 528 P) -13 0 49 135 0 0 0 -9,102 J3 % 119 -2,647 -207 -210 -309 -16 37 246 -115 13 111 345 16 274 8 ft 8 () p)30 p) 54 -3 T P) D 76 (D) -59 34 11 26 -34 -1 4 -99 -2 48 39 32 5 -22 -3 27 -6 260 13 2 17 217 -12 23 (D) 0 2 4,165 -94 16 8 -952 Q T0 n 15 157 4,472 fD\ J2P) -47 (D) P) -283 -363 -258 -10 260 5 331 87 (D) 118 P) 298 292 2,847 201 104 209 (D) 0 0 -2 221 (D) P) (D) -13 i -9 P) -58 (D) 1 a 1 P) 28 39 n 52 -25 1 (D) 12 -29 -1 -15 13 -9,571 64 (D) 983 121 366 -73 -6 q -1 490 -23 -27 P) -3 -93 126 95 1 42 n0 0 0 0 P) (D ^ 0 P) -3 P) 2 n4 34 10 P) 0 6 17 P) 7 P) 0 0 P)24 0 P) 3 3n 2 " 8 P) P) 0 0 P) P) 82 202 -15 -2 P) 0 B p) n 36 a 2 P) P) 0 -4 P) 45 n p) -2 1 6 fl-9 P) «0 0 P) -618 0 37 -30 0 & % 104 -7 P) °0 3 P) 11 -239 75 a 0 P) P, P) -261 148 a <r! -20 15 n n 119 6 -2 15 <3 P) P) 0 27 -39 55 -20 -9 -25 17 P) 2 P) P) 14 7 -1 P) i i 1^ T0 10 P) 0 "o T0 ID0 -81 0 0 0 -81 0 0 36 1 P) P) 37 ri 36 0 0 0 36 0 0 196 0 0 0 0 196 0 0 0 0 0 0 0 0 0 0 0 0 0 0 P)0 P) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -21 5 -1 0 5 0 p) P) ^ 0 0 0 0 0 -62 -61 .3 53 118 (D0 0 0 ( 2 p)32 ( 8 -6 -14 3 1 0 -3 3 0 P) a -5 § 0 ^ 0 ( 1 fl T 8 fl ( 'l0 3 ap) S 136 -71 P) -2 -42 0 0 3n -121 B0 P) 19 0 P) "o 1 P) -2 8 0 0 0 1 0 P) P) (D 0 1 P) P) P)1 P) P) -28 -97 n0 146 ^ 3 -19 ^0 T P) -A -8 P) 8P) n 11 P) -5 0 0 P) P)0 -147 P) 26 -2 7 -11 -6 -3 -42 P) 30 0 -S0 -32 -4,2 103 0 2 P) 2 P) 94 0 -4,333 -6 77 3,814 0 0 0 262 ( S p) P) 0 0 0 0 0 0 0 -39 0 0 P) -2 -53 P) 77 0 C) 0 P) 3,592 «0 0 3 3 -22 -3 P) 36 P) 39 28 167 P) P) 0 P) P) p) n 16 33 -9 16 33 -410 -131 P) 18 P) 28 8 a -15 0 P) a 6 8 a aq 8 0 14 0 0 « -4 P) aB 0 P) 4,413 P) -24 P) -5 3 -5 58 fln fl0 -23 -11 P) -14 P) 3 -85 0 0 0 -85 30 20 14 T0 3 -6 0 P) -1 0 ( ^ 0 «0 0 p)0 0 0 0 1 0 -4 -220 0 37 14 -763 8 9n P)n 178 -24 P) 0 'l P) -60 0 n 117 S 0 a -331 <3 Jn 1 $ 1a11 p) a d n -1 13 -29 P) -6 ( 2 8 -2 300 5 269 17 35 9 201 0 2 -43 -1 99 P) 102 (D) -3 n 3 P) 272 112 95 197 85 (D) 33 1,009 -9 46 1,954 160 -59 108 120 (D) Other manufacturing Wholesale trade 1,077 P) -497 -130 Transportation equipment 1,769 450 -304 Electric and electronic equipment 1,944 419 -405 -398 -257 Middle East Israel Saudi Arabia United Arab Emirates Other Machinery, except electrical 4,096 -25 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands, Caribbean Other Primary and fabricated metals -14 -28 (D) 45 448 21 JS Central America Costa Rica Guatemala Honduras Mexico Panama Other Chemicals and allied products 163 191 73 -4,490 20 -924 Latin America and Other Western Hemisphere Total Food and kindred products 12 1,712 -492 Norway Portugal Spain ... Sweden Switzerland Turkey . United Kingdom Other South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other Petroleum -243 -360 25 -17 P) «c -812 0 0 n ia 20 -34 9 P) -24 8 fl 1 12 7 P) 0 -102 P) -411 -264 -203 -65 6 n 510 16 0 105 P) aB 9 P) P) 0 fl 23 P) 19 4 P) 2,879 a 0 8 -46 P) P) 154 5 P) 32 n 18 P) 181 P) 44 51 P) -11 P) fl32 22 10 « fl ap) P)6 0 P) 14 -63 8 -fl (D l 0 -4 P) P) 0 -28 0 P) P) -134 -17 0 -88 7 0 P 6 fi §« -59 -4 0 P) 2 28 13 -3 -1,067 6 0 345 -5 0 9 P) 0 195 2 -383 2. See footnote 2, table 1 1.1. 3. See footnote 3, table 11.1. -4 146 P) -2,448 P) 0 1,080 -8 -eS -46 0 135 0 0 -9,215 -31 0 -19 23 n 493 -7 SURVEY OF CURRENT BUSINESS August 1994 ® 151 Table 15.2.—U.S. Direct Investment Abroad: Intercompany Debt Outflows, 1991 [Millions of dollars; inflows (-)] Manufacturing All industries Petroleum Total Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing Wholesale trade Banking Finance (except banking), insurance, and real estate Services Other industries -3,313 -2,335 2,408 543 426 -256 1,241 31 -116 538 891 30 -5,866 847 Canada .. -1,589 20 -1,467 -41 161 26 P) 159 P) 141 41 P) -218 17 P) Europe , Austria Belgium Denmark Finland France 2,974 153 476 55 -32 918 -1,517 -5 3,822 P) 97 -9 -15 884 451 4 58 -4 0 P) 208 -1 20 P) -308 1,438 P) -12 P) P) P) 116 1,322 166 595 -4 20 25 0 0 3 0 40 -1,535 8 P) P) 0 -118 682 1,242 P) P) 0 -82 255 -6 35 P) -28 -49 0 P) 1,846 8 968 0 -73 1,023 0 8( 1 . 34 All countries . .. . Germany Greece Ireland Italy ... Luxembourg Netherlands 2,165 23 ,. . Norway Portugal Spain Sweden Switzerland Turkey . United Kingdom Other -55 42 812 8 179 -231 -9 -80 -8 1,027 94 -3,981 South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other -162 -225 -52 -33 -24 Central America Costa Rica Guatemala Honduras Mexico Panama Other 295 -50 -2 5 376 -17 -16 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other Africa EaVDt Nigeria.. South Africa Other . '.""". "T Middle East Israel Saudi Arabia United Arab Emirates Other ... . -166 -152 5 -549 -260 102 55 P) -144 . . .. International Addenda: Eastern Europe l European Communities (12) 2 4 Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.2. D 348 127 (D) -44 -137 104 3,357 173 3 -5 -31 5 0 -2 P) 53 -4 flP) -179 'I 1 P) 11 2 -18 140 37 32 34 P) P) (D) -51 -92 -59 -65 -23 P) 2 24 -32 (D) -20 49 -12 2 24 13 12 P) -5 (D) -2 -12 n 8 8 75 51 P) P) 461 19 -9 P) 0 P) 3 <S n »6 P) -18 32 694 2 -655 335 a a 9 (D ^ P) ^ -,§ 93 -17 P) -54 (D) -326 -116 -50 -1,248 65 5 -4,114 107 -66 -1,539 19 57 -1,032 (D) -1,538 (D) -746 a -14 (D) 662 (D) 158 (D) 441 16 -154 -381 Latin America and Other Western Hemisphere Asia and Pacific Australia China . Honq Konq India . Indonesia Japan . Korea Republic of Malaysia New Zealand Philippines Sinaaoore ji ,» " Taiwan Thailand Other -693 -445 -100 -922 % 11 -38 -58 -78 49 -822 (D) 34 P) 265 2 6 -16 276 12 -16 P) P) 0 0 6 -4 0 P) fl -1 -7 -6 -3 14 40 -87 (D) -630 8 22 -8 P) -34 S -26 -5 201 2 32 9 P) -272 -108 § 13 3 n -15 40 -8 «30 a fl -11 -32 i°| fl 3 3 fl n -42 0 0 0 -42 0 0 -48 0 0 0 -48 0 0 80 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 311 0 T0 3 ^-8 "i -2 -4 -2 0 P) 38 0 0 20 P) 8P) n 90 a 98 70 P) -6 R 9 -126 4 P) -33 4 54 -393 n 40 8 96 109 -42 P) 0 0 P) fln 0 fln -31 P) -8 P) 165 32 31 P) 0 0 0 0 3 0 a a 8 0 23 -77 0 2 -3 P) P) a 9 R a a ? a i a an p) p)32 0 0 P) a P) 1 21 19 P) P) -1 10 6 ( 0 P) 3 0 0 0 —2 n0 " ih "a a 0 0 -3 0 2 0 <3 P) a 34 -ffl fl 3 -38 -9 2 284 47 0 P) P) P) P) 606 P) -S 469 159 -9 -6 -2 -4,174 198 30 -S 3 3 P) -63 -11 -64 P) P) 0 0 -66 (D) P) 0 P) 0 P) 0 0 0 P)0 0 fl 0 0 0 0 0 8 '? 3 30 p) 3 P) -2 5 P) -63 n8n fl14 0 0 0 0 0 0 0 30 -15 -4 -20 36 -3 137 -6 0 P) P) P| P)0 0 (D -3 P) -12 (Dp ^ l -2 0 3 ( i ( pi 3 -3 ap) i 0 P) p) n % p) 0 0 0 0 0 585 151 P) 7 0 0 P) -2 5 P) 8 -13 15 5 12 -11 61 -177 0 -321 P) fl -161 1 -11 -2 -3 3 8 0 -149 8 P) 435 86 8 -25 -9 75 22 4 P) flp) 0 8 0 0 0 a 5a 3 « -63 0 P) -S -14 P) -4,045 P) 11 -1,518 8 -1,226 2 0 ( 'l 22 -36 3 fl n p)0 0 n a 31 P) p) P) 200 -1 -2 46 P) 13 8 -67 3 P) -17 76 P) n 11 P) 75 0 0 0 75 0 2 n n -6 0 0 P) P) 3 30 -46 -20 -25 -2 0 37 P) 16 0 P) p) -3 P) 2S 8 201 0 -96 3 -165 14 9 -19 0 0 ( n 60 0 n P) n4 P) P) n0 (D) 63 -1,461 3 0 P) 0 -26 P) P) -62 P) 0 0 0 0 0 o -177 57 P) 613 P) -169 P) -8 6 -23 166 P) P) P) P) -1,663 3 ^ 3 P) a a6 34 0 0 0 P) D 470 P) -5 0 87 P) P) 160 9 P) 149 9 P)0 18 a 47 37 0 8 P) 3 a . 3 n 16 n P) 3 0 0 0 0 75 -61 P) -23 4 P) P) P) 31 P) -81 259 0 4 P) 0 ^0 4 4 0 0 0 -206 0 0 0 0 0 0 0 0 0 0 (D0 2 n0 0 3 P) fl -16 711 p)44 fl -108 P) P) -563 -3 -1 -1 P) -53 P) 34 3,773 86 1 627 -3 0 224 P) 0 -357 -11 n 1,445 36 2. See footnote 2, table 11.1. 3. See footnote 3, table 11.1. 32 93 1 1 1,159 P) 0 581 8 P) 740 27 0 25 P) 0 -1,610 P) 0 725 P) P) 1,165 13 August SURVEY OF CURRENT BUSINESS Table 15.3.—U.S. Direct Investment Abroad: Intercompany Debt Outflows, 1992 [Millions of dollars; inflows (-)] Manufacturing All industries Petroleum Total Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery, except electrical Electric and electronic equipment Transportation equipment -202 Other manufacturing Wholesale trade Banking Finance (except banking), insurance, and real estate Other industries Services 12,090 1,414 733 1,031 -65 -1,200 1,412 705 1,178 -47 5,392 205 Canada 1,806 -143 976 70 338 P) -57 P) P) 367 105 P) 574 -50 P) Europe Austria Belgium Denmark Finland France 5,140 102 159 22 730 808 531 -521 1 125 P) -10 336 -8 $ -5 670 10 -4 17 .£ 323 -14 P) 24 9 P) 886 S 836 95 179 0 0 P) -21 0 0 0 9 (D) -45 -1 P) P) 483 a 2,217 99 P) 103 586 -68 14 -54 -6 2 800 3 -63 37 -49 399 601 104 217 (D) 0 -1 -28 -1 12 (D) (D) All countries . Germanv Greece ... Ireland Italy Luxembourg Netherlands . . . . -ft -36 -42 (D) Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other 347 30 675 18 1,549 15 1,589 92 . . .. Latin America and Other Western Hemisphere South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other ... -117 -165 8 -11 (D) -286 16 8 3,203 8 221 79 66 163 P) -S 68 Central America Costa Rica Guatemala Honduras Mexico Panama Other -710 -350 Other Western Hemisphere , . Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other 3,692 -1 18 200 Egypt . ... Middle East Israel . . . . Saudi Arabia United Arab Emirates Other Asia and Pacific Australia China Hono KonQ India Indonesia japan Korea Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other -18 (D) -4 56 3,564 70 1 49 -89 -27 J2 -S 8 P) 11 571 432 -87 -439 -71 52 299 . . International Addenda: Eastern Europe * European Communities (12)2 OPEC3 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.3. D -123 B a 1 254 P) 11 -70 (D) (D) 105 2,976 460 a 476 P) -2 § 32 P) P) pi 0 6 691 -28 3 3 p) <ri -478 -94 -79 11 -77 P) P) 8 3 P) -11 -38 -16 -27 0 0 0 0 5 0 29 1 24 ? 131 7 101 n 6 4 0 (D) -3 3 (D) 0 fl B 8 17 (D) (D) « 2 0 (D) 18 (D) 12 (D) 606 (D) P) -1 -103 "o & a 124 3 () a a 16 (D) 0 n 21 7 P) 6 24 P) 3 P) -576 ^ -12 0 P) 3 -285 P) 1 -7 -251 (D71 -17 0 -2 -3 P) -6 e P) 22 (D) -615 4 8 p) p!(°) -4 a a afl P) (D) -62 10 24 -13 35 -3 D 8 S 231 28 «D0 -237 -151 8 -1 (D) -1 -$ -£ 4 186 5 -231 1,268 l J33 10 -2 -111 a aP) ( 82 0 (D) -1 P) (D) -5 -9 22 -386 Africa Nigeria . South Africa Other 2,415 -372 35 a -2 (D) 241 -34 3 p) -209 -119 -37 1 (D0) 0 (D0) -1 0 0 0 P) ( i n -34 0 -36 (D) -2 p]2 0 {D l 0 P) -3 5 a<3 25 8 (D) 1 '3 0 P) 0 0 -55 -41 n -12 0 4 -13 <r! n 0 -4 9 0 0 0 D 0 pi 30 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -8 0 0 2 -10 -1 p) -27 3 11 P) P) 135 -1 8 1 0 4 (P) ^ -2 an -2 P) q 0 P)0 0 3 0 0 3 £ -543 -13 P) -37 -2 P) -52 -4 26 0 -155 0 0 0 -155 0 0 0 0 0 0 0 0 0 0 0 0 31 30 -1 2 0 0 0 0 0 0 -210 -27 P) 260 1 19 P) 0 0 0 0 0 ^n -141 -59 3 3 3 P) aP) -52 P) -46 0 194 -112 8 J2 -126 P) "o (D } 0 P) 3 3 S0 « 76 -19 P) -1 -2 a a p)0 3 n0 245 0 P) -557 87 pi ( °l 3 49 4 P) P) -4 P) 30 -ifi 30 -8 P) 0 SP) n a 8 10 -72 7 3 P) 33 -285 P) -15 P) P) 112 -29 3,904 P) -17 8 -5 P) % 44 3 P) a11 P) n -6 0 15 38 4 -28 -1 1 P) 8 P) p)0 p) (D o> 1 -2 -2 3 30 a -2 -14 0 135 5 0 9 aP) a p) 0 3 0 0 0 0 0 0 0 0 P) 40 0 0 -2 P) -1 7 P) 0 0 0 0 0 688 p) S 14 0 P) P) 9 3 -68 -5 0 17 2 -77 P) 0 3 3 3 -5 8 -111 22 •fl 1 <3-1 3 77 -18 P) 0 P) P) 361 P) P) 460 -55 23 -3 P) 33 -4 2 0 ( -161 -31 0 0 c!n aa a J3 a 8 P) P) -24 37 P) 13 P) 4 20 0 P) -29 P) 0 0 0 a -13 0 4 0 3,900 0 0 0 0 0 n (!) 31 (0 -29 0 P) 0 P) P) 0 -48 -44 p) -4 ^ P) -21 7 0 92 3 a (D 3 P) 26 1,302 P) 527 P) 3 pi 3 a •8 0 21 23 14 -103 'ai '3 -2 0 0 () 105 P) P) -39 0 0 0 -39 0 0 0 n ( p) 8 i(n°) ni T %0 a 1,532 1 P) 0 0 2 -8 0 P) ( 1°] -5 0 0 -123 -8 P) 3 P) -2 S 3 ( 30 104 114 11 311 Pi -497 P) 38 a a 5 P) -114 P) 3 p) p) p)3 -46 0 -21 -4 10 P) 52 n -5 0 n 103 4 4 P) -4 3n 0 a 107 -141 P) 30 0 3 P) P) n -78 11 2 P) 3 P) 592 14 1,944 (D) P) 710 (D) 2 526 P) 0 -58 13 J3 -25 2. See footnote 2, table 11.1. 3. See footnote 3, table 11.1. -3 107 5 P) 744 27 3 407 -5 2 186 14 0 -28 0 ja -69 0 127 8 -2 639 P) SURVEY OF CURRENT BUSINESS August 1994 • 153 Table 15.4.—U.S. Direct Investment Abroad: Intercompany Debt Outflows, 1993 [Millions of dollars; inflows (-)] Manufacturing All countries Canada Europe Austria Belgium Denmark Finland France Germany Greece Ireland .. Italy Luxembourg Netherlands , . . Petroleum 10,882 . . .. *.. Food and kindred products Total Central America Costa Rica .. Guatemala Honduras Mexico Panama . Other -933 -38 -424 -648 -868 -93 D -92 D 31 836 7,272 P) 95 293 P) -42 183 (D) 9 -1,036 -156 -240 -86 144 -500 56 -1 22 -895 -288 P) 21 -784 -148 8 2,001 18 42 74 (D) -930 B -44 -44 -3 -222 -fi 1,293 8 47 (D) -148 (D) -5 P) -42 -816 I."....." Middle East Israel Saudi Arabia United Arab Emirates Other P) 398 (D) 25 90 (D) .'.:."...."....'...; -227 718 487 -32 30 35 -761 Africa Eovot Nigeria '.....'. South Africa Other 33 706 « 8 8 -17 10 41 45 0 6 8 4 8 2,892 -23 45 593 19 (D) 2,007 (D) 198 (D) 264 1 P) 111 24 (D) -55 (D) 269 77 n p) (D6) 8 Asia and Pacific Australia .. China Hong Kong India Indonesia .. Japan Korea Republic of Malaysia ... New Zealand Philippines Sinoaoore r. .S r Taiwan Thailand Other 604 163 165 377 3 -114 13 31 171 .. • , . .. * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.4. D 8 -54 -S3 4 -68 D ( ) ^ -145 (D) 3 D () fi n 52 Sp) (D) (D) 265 5,704 -80 -fi -63 -413 233 (D) 75 3 -181 a 23 49 9 a -14 (D) -2 3 1 7 D () T 3 -11 8 -5 n & i -11 4 ft -28 0 (D) -47 -11 (D) -43 () -1 T -20 89 (DD) () -2 0 -17 1 1 D ( ) -39 19 0 17 13 0 D0 (°) 3 -48 8 4 0 ft a p) -10 -1 -5 -6 0 0 -4 n -22 -3 n P) % 21 ( D (( ) D 16 54 2 30 3 1 (D) ft P) 105 5 10 D () 0 3 0 D () -4 P) 8 3 0 -6 •10 2 -2 0 0 -102 556 0 ( } D 0 -7 26 0 a 72 72 0 0 0 l n fi 0 fi12 n -141 118 0 3 -32 P) 50 0 -2 a -48 -53 P) -13 0 955 81 21 -28 -48 1 P) -626 8 132 0 -55 P) 60 71 P) P) 3 21 -9 -102 0 -786 0 0 0 -786 10 P) P) P) 0 0 0 0 0 3 24 5 0 n0 P) p0 ^ fi fi0 -6 4 -1 P) -14 4 P) 3 0 0 0 2 "o P) 8 -4 0 P) P) 8( l0 40 -24 -1 P) P) 3 -5 n -1 2 7 -1 6 0 549 -448 P) P) P) .a 3 136 8,116 82 162 18 0 -578 -82 33 474 -238 77 -330 18 3 -7 0 P) a -171 P) -188 -68 10,606 37 0 0 P) -7 fi61 -22 P) 1 fl 109 Services 45 804 P) 0 0 0 0 0 0 0 0 0 0 -4 -40 Banking Finance (except banking), insurance, and real estate -231 28 1 2 2 0 0 0 3 80 Wholesale trade -2 -21 129 54 -62 4 58 -13 -681 0 0 0 P) 372 110 0 -3 30 n0 -51 (D) (D) 81 148 i? -107 25 •20 { ft P) 0 0 0 0 0 0 0 0 0 0 0 ft -28 P) -31 P) 0 0 a a 9 0 0 -133 0 0 0 0 P) 0 -1 0 3 J8( ) 0 D0 0 0 0 § % -25 8 0 (D) (D) -5 0 -35 (D) -3 82 23 (*) 0 1 22 0 0 D0 23 65 16 (D) -316 (DD) () 0 (DD) () 3 PI -153 30 a aP) a aP) S 1 P) 0 0 D0 -24 -105 1 a 8 fi a a In T ( 1 T 1 () (D ) ^ p () ^ () 0 -S % -34 1 ft 11 -69 -4 19 82 279 (D) () 19 -837 9 1 -568 -22 310 104 15 -45 51 -930 311 (D) 46 71 100 (D) .... p-6n -4 2,995 24 (D) 2 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other 914 67 -84 -615 „ Other manufacturing -1,929 «fi 259 . . . . . . . . Transportation equipment 408 (D) 1,056 South America Argentina Brazil Chile Colombia Ecuador Peru . . Venezuela Other Electric and electronic equipment 1,964 -760 Latin America and Other Western Hemisphere Chemicals and allied products Machinery, except electrical -309 -1,522 Norway Portugal Spain Sweden . . Switzerland Turkey United Kingdom Other . ... Addenda: Eastern Europe l2 European Union OPEC3 All industries Primary and fabricated metals n -1 T T0 3 0 <3 fia '<] T fl T ( 1 -2 3 -109 n3 -4 501 8 -54 P) 419 286 43 57 "ft 0 0 1 8 0 0 0 -27 P) (DP) ^ 0 0 0 0 0 0 0 -2 1 -2 2 R ( 0 -1 -18 P) 36 2 10 p)31 2,791 29 -15 11 P) a fi -27 8 0 0 %P) a 10 p] a P) 6 0 P) 18 3 P) 214 P) 0 -1 0 (D-1 24 0 -7 -5 0 (D } 24 3 -44 -72 p, -13 P) P) -31 1 P) p) 18 3 2,069 74 P) 8 -30 a9 -51 -43 -1 -4 l ( fin 2,780 177 0 0 fi ?!0 -105 30 -32 ( -273 65 0 0 P) -4 69 P) 3 an 3P) a an 2 134 0 29 P) 0 0 29 0 484 180 -6 -44 -120 80 & 0 7,025 P) 3 P) 30 P) -11 -770 315 Other industries 417 § P) 0 -69 P) -5 P) -32 18 3 -2 217 113 P) T ^ P) P) o a -544 -60 ( 'i -27 8 ?! P) 1 P) -50 -1 «3 -588 3 53 P) P) P) -48 60 -953 -100 23 97 7 .fi -5 3 -fi 2. See footnote 2, table 1 1.4. 3. See footnote 3, table 11.4. 23 P) 2 a -102 P) 1,226 1 n -241 P) 0 37 0 P) 7,068 113 0 -422 19 -4 454 P) SURVEY OF CURRENT BUSINESS 154 • August 1994 Table 16.1.—U.S. Direct Investment Abroad: Income, 1990 [Millions of dollars] Manufacturing All industries Petroleum Total Food and kindred products Chemicals and allied products Primary and fabricated metals Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing 4,816 Wholesale trade Banking Finance (except banking), insurance, and real estate Services Other industries 1,623 58,004 9,869 24,774 2,522 5,671 1,140 5,389 1,401 3,836 6,779 380 12,830 1,748 Canada .... 4,793 489 2,637 341 599 173 296 112 512 604 302 55 801 125 383 Europe .... Austria . Belgium Denmark Finland France . 32,647 308 1,597 234 94 2,494 4,708 34 43 630 3,865 -4 -3 -2 368 33 -1 1 P) 38 2,293 P) 60 2,547 P) 88 6 6 406 4,127 116 349 103 78 558 -416 40 1,388 8 70 39 0 181 3,428 R 14,519 171 857 50 P) 1,689 8,081 -17 237 20 0 158 1,395 2 P) 3 2 102 234 3 P) 1 -4 21 Germany Greece Ireland . Italy Luxembourg Netherlands 4,509 69 1,433 2,070 177 4,117 740 3 (D) 41 4 300 3,149 12 834 1,527 74 1,152 222 0 45 110 0 183 165 1,032 0 8 -9 1 12 325 1 204 P) 38 91 217 12 89 249 336 -3 437 200 90 1,591 88 5 P) 43 P) 578 119 Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other 815 161 1,424 315 4,423 102 8,237 68 790 5 32 3 383 (D) 2,184 -17 16 37 1,163 287 237 29 3,239 (D) 0 14 65 116 10 1,036 18 587 23 (*) (*) 9 2 2 £9 _H P) P) 3 -20 6 2,554 0 2,482 P) 5 25 90 11 141 n 9 P) 56 P) 75 2 955 0 All countries Latin America and Other Western Hemisphere South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other Central America Costa Rica Guatemala Honduras Mexico Panama Other . ... Other Western Hemisphere Bahamas Barbados . . . Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other Africa Eovot Nigeria South Africa Other Middle East Israel Saudi Arabia United Arab Emirates Other . Asia and Pacific Australia China Hono Kono India Indonesia Japan Korea Republic of Malaysia New Zealand PhilioDines Sinaaoore ;i ;a " Taiwan Thailand Other Addenda: Eastern Europe1 European Communities (12)2 OPEC 3 . * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.1. 2. See footnote 2, table 11.1. D 568 3 n h1 n 41 472 351 11 442 307 P) 518 197 0 18 27 857 0 76 P) 8 176 n 135 P) P) 9 277 0 P) 88 3 27 6 582 -1 3 (*) 37 2 16 3 155 0 -1 847 0 1 14 -33 -5 29 2 26 P) n 492 4 1 n 40 -10 1 76 T0 1 10 397 n 488 1 -75 -140 40 -5 -12 16 -11 934 -4 71 15 -470 ( l 23 P) 18 45 5 8,685 605 3,348 397 752 199 -14 109 853 1,052 627 472 3,209 72 351 2,685 405 1,427 337 342 29 -122 152 115 220 98 13 P) 136 21 P) 28 27 1,666 206 1,090 87 197 7 -9 81 7 139 -2 67 7 56 106 P) 64 21 P) 3 -60 P) 79 -2 77 P) 327 -15 303 3 n 122 18 31 P) 9 4 17 27 P) 181 70 18 72 3 -3 3 2 16 385 -1 238 146 -2 1 0 4 -1 26 0 P) 0 720 -5 572 32 42 P) 2 9 354 40 250 6 56 -2 -19 24 —1 87 8 38 -3 -3 -2 P) 2,981 41 21 -8 1,850 1,075 2 117 1,564 31 14 13 1,488 41 -23 248 10 7 346 11 P) P)4 293 P) 59 224 1 -1 4 135 85 -3 0 1 1 -3 n 8 980 0 1 3 108 867 18 1 fi fl 45 0 0 0 45 0 0 3,019 438 163 2,067 162 170 -932 105 789 56 269 P) 23 28 4 6 -1 (D) 10 19 118 3 10 0 52 3 0 282 37 95 69 294 126 P) 0 1,845 206 26 1,964 28 1 902 407 197 163 135 514 361 180 1,071 132 454 133 352 n6 1 9 78 22 n 29 62 R n n 2 2 n <] 1 28 P) -11 6 0 4 T 164 6 6 108 44 18 P) 500 4 10 131 355 240 -1 % n 9,677 1,888 -20 1,200 78 1,886 1,722 269 469 78 227 1,127 341 358 54 2,983 516 -62 36 -8 1,752 98 -1 309 27 P) 142 1 P) 38 3,865 829 19 331 42 19 1,221 77 106 19 156 709 197 131 10 378 104 1 230 71 -11 26,522 2,853 (D) 3,464 2,100 R 0 n2 5 11 0 0 fl 164 31 1 2 42 6 11 P) n 0 n fl P)0 0 0 0 1 -244 T0 fl0 p, 0 0 27 0 P) n0 P) 0 0 0 0 0 0 '*? 0 0 0 0 0 0 n0 ( 23 1 p) P) 14 53 1 0 46 7 TP) 0 n2 1 1 P)76 0 P) 0 0 708 368 6 P) 21 9 111 23 7 7 55 7 59 21 P) 113 39 -2 P) l 16 n <2 2 0 0 1 15 8 P) 2 3 4 g n 0 n0 1,188 50 2 57 17 n 543 -2 P) 2 0 396 43 n T ( i P) 724 29 ifl -1 -3 107 -6 74 9 33 287 54 18 f) 0 -11 0 8 -1 526 0 0 0 526 0 0 308 0 0 0 0 0 0 0 0 0 0 25 0 P) 2 1 6 4 0 1 1 R 304 P) -4 8 20 (D ^ fi ( ci n n : i! -957 2 594 9 0 32 1 138 P) 33 0 0 26 7 27 12 6 4 4 17 15 5 0 -3 68 1 1 -1 0 0 0 R R 61 14 0 P) 225 9 173 87 P) 581 153 P) 111 ( i 75 1 0 -5 0 1 0 0 0 n P) 207 22 16 23 81 P) 15 -2 1,635 282 47 503 3 P) 382 94 28 P) 23 126 92 37 2 fl 238 -7 0 82 37 11 -191 98 17 P) 39 83 34 P) 30 •3 64 R 2 446 45 n 91 -1 -2 227 6 9 -1 P) 34 5 3 P) «i1 0 -1 8 2 8 5 11 1 ( P) 82 8 0 -30 108 -6 3 182 «0 °4 n p* -3 R -1 -1 2 -1 2 P) 19 10 1 1 7 94 1 0 P) P) 22 3 -3 -6 28 9 3 2 P) P) 115 46 P) 65 3 5 -14 -1 -1 4 P) 24 6 7 0 394 178 P) 92 1 P) -2 -4 2 41 27 9 6 11 P) 159 P) 13,784 273 0 1,274 6 3,389 196 0 605 n 0 3,598 7 P) 319 -4 n 2,162 -9 0 2,437 76 1 2,832 72 P) -538 62 0 5,531 216 1 1,222 37 n 226 93 3. See footnote 3, table 11.1. NOTE.—In this table, unlike in the international transactions accounts, income is shown net of withholding taxes and without a current-cost adjustment. SURVEY OF CURRENT BUSINESS August 1994 155 Table 16.2.—U.S. Direct Investment Abroad: Income, 1991 [Millions of dollars] Manufacturing All industries A l l countries . . . . . . Canada Europe Austria Belgium Denmark Finland France Germany Greece Ireland Italy Luxembourg Netherlands . . . . . . . . . Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other Latin America and Other Western Hemisphere Petroleum Food and kindred products Total Chemicals and allied products Primary and fabricated metals Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing 20,133 2,929 5,893 729 2,821 1,053 2,687 4,022 5,969 250 12,137 1,463 1,836 16 1,702 367 229 19 266 38 575 209 150 -7 888 257 201 27,963 303 1,692 189 17 2,171 4,537 11,883 180 1,093 55 9 1,412 1,428 3 42 50 4,123 4 891 P) 588 440 48 -11 -9 2,333 P) 40 P) £U£ 671 .Q 3,833 62 225 68 -6 438 -62 7,118 P) 192 18 0 80 956 1 96 P) 1 P) 185 28 1,221 P) 113 0 0 34 -549 3 2 43 1,751 -2 -6 -2 3 36 4,693 30 1,556 2,256 192 3,609 817 329 13 538 424 P) 429 184 0 22 14 7 58 381 0 39 P) 1 P) 282 6 1 349 2 519 -50 P) -9 P) 14 -8 355 3 617 134 71 1,767 102 -19 1 P) 454 5 231 225 P) 142 52 286 301 -2 52 117 0 87 P) 3 3,133 17 902 1,470 92 846 962 138 1,210 155 3,216 88 5,427 57 916 5 9 -2 23 (D) 1,946 -45 15 5 976 116 157 54 1,328 22 n n 0 P) P) 30 2 613 P) T1 23 '3 0 -1 273 (*) 26 55 13 9 1,238 32 490 23 n 28 2 8 1 127 P) 7 6 85 18 P) P) 373 1 25 -285 8 -355 i n n 16 119 n 811 3,141 718 790 453 202 -6 P) 155 25 1,155 62 729 -10 207 9 -17 170 6 338 37 184 P) 72 2 P) 25 8 341 37 234 18 52 -3 -11 14 -1 Central America Costa Rica Guatemala Honduras Mexico .... Panama .. Other 3,267 27 8 -7 2,267 955 17 135 4 -4 1,900 34 11 12 1,803 52 -12 371 14 6 P) 352 P) P) 404 P) Other Western Hemisphere Bahamas . Barbados Bermuda Dominican Republic Jamaica . Netherlands Antilles Trinidad and Tobago , United Kingdom Islands, Caribbean Other 3,201 306 239 2,016 171 132 223 22 22 5 85 5 8 1 45 4 0 International Addenda: Eastern Europe J European Communities (12)2 OPEC3 4 Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.2. 2. See footnote 2, table 11.1. D Other industries 10,299 2,525 500 931 321 374 30 -17 276 109 Asia and Pacific Australia China Hong Kong .. India Indonesia Japan Korea Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand Other . ... Services 3,208 8,993 Middle East .... Israel Saudi Arabia United Arab Emirates Other Banking Finance (except banking), insurance, and real estate 52,087 South America Argentina Brazil Chile Colombia Ecuador . Peru Venezuela Other Africa Egypt Nigeria South Africa Other Wholesale trade P)34 34 n 17 93 26 n 130 1,073 20 "s 9 30 23 2 1 21 3 1,143 324 642 158 19 836 286 617 (D) P) 141 4 17 96 25 978 115 472 140 251 361 5 13 104 239 232 9,316 749 -12 1,540 58 1,785 2,293 70 505 130 232 1,138 414 408 8 3,502 521 -45 99 P) 1,631 3,035 640 14 218 33 18 1,017 -82 116 1 171 600 222 62 6 487 236 -40 23,164 3,294 -50 3,571 2,352 -888 18. 46 1 * 320 64 P) 234 6 P) -27 q n n n 2 1 1 0 2 2 341 P) fl18 1 1 P) 0 33 P) fi 1 17 P) 11 {nn i P) (D l 0 0 383 89 603 196 4 39 16 6 169 -24 12 9 61 3 81 25 5 8n 163 34 1 -4 67 4 8 7 n 86 -15 P) -361 <20 -1 8 0 n T 44 P) 0 69 0 0 0 69 0 0 n 41 P) (E 2 0 0 0 P)0 0 0 0 it 10 0 0 0 0 00 0 43 <2 39 3 n 48 20 1 31 fl16 P) 27 Tn (D ^ 0 0 0 2 0 P)2 <12 8 92 21 -2 1,043 80 1 50 14 Qn 6 P) -1 & P) 12 1 0 369 41 P) n "o 3 267 -7 -1 3 171 100 -11 0 -1 774 0 63 1 139 -5 30 0 259 34 165 49 671 152 P) 0 8 P) 0 -1 P) 34 3 0 -26 0 0 0 0 0 0 0 0 0 0 3 1 (*) 2 0 18 9 2 n 149 28 45 P) P) -2 P) 6 37 310 8 4 P) 300 2 P) n 10 7 0 3 n n n n 24 35 0 P) 27 P) P) -1 <1 -1 0 0 0 T n 421 29 -8 43 -1 P) 40 -39 63 2 21 218 52 2 P) -68 45 P) 561 179 5 51 2 P) 212 24 26 P) 18 2 32 0 ( i -47 P) 0 P) 4 2 0 0 518 313 32 122 153 -2 658 0 0 0 658 0 0 43 1 0 0 42 0 28 25 9 -1 8 2,881 1 6 i P) 0 -5 11 145 11 73 35 4 -6 3 4 20 546 -30 474 P) 38 3 P) 63 1 3 38 40 11 123 P) 202 9 805 886 0 54 0 P) 8 810 950 292 -1 207 P) ( fl15 284 157 -31 58 21 3 22 50 5 57 2 ^ 28 n 8 P) 30 159 -2 41 32 (D 117 P) 191 p] 9 19 12 1,631 0 2,195 12 53 P) 726 0 3 1 2 0 0 1 1 1 3 -1 fl n n n P)11 -763 8n -1 6 3 3 118 651 n 1,794 86 21 1,919 8 -762 512 n P)10 2 525 2 58 1 n P) n $ -60 2 P) 2 -1 P) P) 25 n n n 8 17 1 11 1 4 -8 8 1,112 -53 942 95 -246 P) 506 P) P) 502 60 37 -62 28 91 110 47 6 -340 1 229 55 18 232 97 47 33 32 28 n 310 i n 379 -2 11 -5 P) 104 14 P) 5 8 2 1 -3 42 3 17 3 54 250 13 P) 230 5 0 42 52 1 0 3 48 <i P) 0 P) n -25 165 1 2 13 12 1 -1 0 P) 4 22 2 i10 191 -19 P) 51 3 P) 88 n 8 54 24 8 0 8 587 98 0 127 n 96 79 -3 P) 154 P) 8 5 P) -11 251 P) 11,330 352 1 1,368 46 n 4,054 150 0 562 13 n 1,629 10 P) 371 3 1,073 57 0 2,273 74 3 2,449 100 9 -651 79 n 5,456 P) 1 831 29 P) 179 P) 3. See footnote 3, table 11.1. NOTE.—In this table, unlike in the international transactions accounts, income is shown net of withholding taxes and without a current-cost adjustment. 156 • August 1994 SURVEY OF CURRENT BUSINESS Table 16.3.—U.S. Direct Investment Abroad: Income, 1992 [Millions of dollars] Manufacturing All industries Petroleum Food kindred products Chemicals and allied products and Total Electric Primary Ma- and chinery, except electrical fabricated metals and electronic equipment Transportation equipment Other manufacturing Wholesale trade Banking Finance (except banking), insurance, and real estate Services Other industries 49,123 7,443 18,830 3,187 5,975 717 1,144 1,096 2,427 4,284 5,707 2,245 11,587 1,467 1,844 2,653 101 1,396 326 461 90 46 17 242 213 259 -92 891 189 -91 20,869 2,099 352 2,874 -10 85 67 8 387 198 -2 aS 22 6 12 11 238 -107 -2 5,804 (°)8 955 P) 81 0 0 78 2,278 4 482 3 7 647 -39 -5 6 -3 3 -215 248 -36 18 (D) 1,468 6 30 13 3,880 167 1,072 121 42 1,499 9,143 200 621 23 23 1,191 Germany Greece Ireland Italy Luxembourg Netherlands 2,757 426 187 2 48 98 0 104 338 12 622 502 (D) 468 66 0 20 19 9 47 -167 0 66 98 433 0 -3 -40 444 6 214 P) P) 214 109 0 4 220 1,398 21 1,034 1,361 124 797 Norway Portugal Spain Sweden Switzerland . . Turkey United Kingdom Other 743 153 873 -19 2,199 143 11 -15 731 -54 430 79 1,232 -65 0 8 -9 7 (D) -43 680 5 -10 9 89 (D) 703 -45 365 (D) P) -23 29 16 659 18 5 P) 76 -8 70 P) 645 -7 11,864 712 4,292 817 4,252 420 129 32 P) 154 -1 (D) 48 24 2,262 413 86 198 (D) 64 (D) -1 36 9 All countries Canada . Europe Austria Belgium Denmark Finland France .. . ... 87 1,841 1,822 204 3,113 . ... 4,095 Latin America and Other Western Hemisphere South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other 518 2,336 379 411 9 30 488 80 .3 Central America Costa Rica Guatemala Honduras . . . . Mexico Panama Other 3,607 917 32 24 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands Caribbean Other 4,006 194 Africa Eavot r".?/r . Nigeria South Africa Other . 211 22 -31 98 2 8 2,455 . Middle East Israel Saudi Arabia United Arab Emirates Other Asia and Pacific .. Australia China Hong Kong India Indonesia . Japan Korea, Republic of Malaysia . New Zealand Philippines Singapore Taiwan .... Thailand . Other International Addenda: Eastern Europe l European Communities (12)2 OPEC3 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.3. 2. See footnote 2, table 11.1. D 719 297 1,929 216 125 -417 161 944 31 a -25 (D) 5 222 1,439 26 205 9 -11 365 8 1,937 45 . 15 15 1,815 42 4 94 -3 fl50 « -5 26 6 177 3 32 90 51 397 (D) 10 &38 n 7 !J ( i 1 0 2 45 1,170 343 620 156 51 745 292 566 1,029 222 256 259 291 459 4 23 218 214 243 164 74 5 n0 0 0 11,254 3,209 3,579 2,219 -29 1,855 66 1,509 1,954 143 663 210 374 1,373 416 436 65 727 -94 89 -10 1,312 361 4 (D) 66 P) 121 7 240 -2 692 28 253 28 17 921 19 214 14 258 900 172 59 3 527 126 14 (D) 284 119 -121 17,636 3,222 8 -32 1,413 2,156 n hP) 3 3 fl 224 35 1 -5 95 3 7 18 n n 14 28 fl « (D) 3 (D) 1 57 n 68 25 n -84 P) 2 (D) 2 1 33 -38 42 B1 % 0 -339 -4 (°)8 1,011 134 -75 26 1,262 581 98 330 11 52 -2 -6 99 -1 86 -31 1 -39 2 6 P) 609 1 434 395 (D) n 376 (D) 36 -4 0 fl16 1 -5 -116 8 -%n -19 « -7 3 0 T 0 0 (D0 ^ D ( 0) 0 1 (D) D ( ) 2 (D0) T 1 0 0 D0 0 0 0 0 0 0 0 0 ( 0) 26 n T n0 1 0 0 0 2 0 4 25 fl K8 21 4 <31 71 9 (D) 1 1 149 144 «0 0 <30 531 200 -6 48 19 -2 51 -9 13 8 112 -10 78 27 3 105 24 -1 (D) 1 15 2 (D) <J 6 4 D ( ) _•) 1,186 65 ( 1 10 2 490 2 1 0 615 16 P) 0 142 0 0 0 0 0 0 0 0 0 0 0 27 2 0 1 2 0 n 21 -5 1 -1 653 0 0 0 653 0 0 T •3 &1 54 3 0 0 52 0 0 0 0 P) 0 6 1 10 650 14 3 87 -1 2 8 19 163 3 16 269 50 18 n 3 20 160 24 -2 -30 «J 859 -3 110 -14 1 -66 311 13 34 252 4 453 133 29 P) 5 19 3 299 P) 761 146 62 1,367 82 11 3 89 P) 314 11 76 -63 13 689 2 542 P) 32 157 25 4 P) n 66 23 -672 45 898 720 31 546 13 43 3 4 80 236 78 19 76 22 6 -3 30 7 349 11 6 405 P) -5 0 -1 3?7 3 153 P) 1,117 n P) n 8 8 n -71 P) -43 796 0 2,109 7 36 P) 14 121 P) 83 8 P) 15 50 -6 8 P) 97 6 1,495 3,667 137 662 428 42 339 17 P) 700 32 488 130 25 9 -1 P) 182 6 19 100 (-1 0 -2 6 P) 8 901 0 1 4 160 736 51 1 220 P) 40 10 1 283 5 2 2,066 61 1 9 27 260 n n fl16 8n ^ 35 P) n 8 n 18 fl 258 17 250 -3 -1 32 4 0 -41 1,072 616 1 0 3 8 508 1 0 -3 8 5 0 2 1 44 0 1 28 15 42 12 8 11 11 12 10 4 0 -1 79 1 9 4 65 30 24 1 85 0 0 P) P) n n0 10 10 35 16 0 P) 152 37 104 P) 14 20 P) 0 0 -40 56 P) p i -53 -63 0 0 n4 3 0 0 49 0 a«. -1 2 4 ( l 0 620 208 4 79 8 187 33 12 8 30 13 15 21 n n 0 25 2 1,599 185 P) 576 4 10 412 16 P) -13 20 71 181 57 6 n n n 445 87 21 1,890 n -446 n 2 in a 3 n4 P) P) P) 922 175 -1 241 41 20 -30 114 33 6 28 171 27 50 47 993 157 -1 470 fl 230 5 9 5 P) 28 35 13 8 148 9 84 P) 5 -1 <1 9 -5 10 0 804 273 7 163 0 ( 3 -13 3 129 P) 16 -1 8 2 166 -88 8,518 500 5 1,203 68 -4 3,828 162 0 305 15 -4 -38 8 P) 234 6 6^ 144 -7 2,170 97 P) 2,162 87 11 -253 56 1 4,950 151 1 655 113 P) 190 159 3. See footnote 3, table 11.1. NOTE.—In this table, unlike in the international transactions accounts, income is shown net of withholding taxes and without a current-cost adjustment. SURVEY OF CURRENT BUSINESS August 1994 • 157 Table 16.4.—U.S. Direct Investment Abroad: Income, 1993 [Millions of dollars] Manufacturing All industries Petroleum and kindred products Chemicals and allied products Primary •and fabricated metals Food Total Machinery, except electrical Electric and electronic equipment Transportation equipment Other manufacturing Wholesale trade Banking Finance (except banking), insurance, and real estate Services Other industries 56,623 8,557 20,289 3,672 5,954 565 1,030 2,006 2,631 4,431 6,533 3,838 14,307 1,598 1,501 4,005 861 1,822 298 434 27 -128 32 700 458 149 -32 1,112 119 -25 24,264 2,653 7,336 3,438 21 77 61 -8 348 d £ 1,809 13 -5 -4 7 76 -3 34 ifi 1,150 -5 142 -6 1 -96 174 -3 383 _< 8 615 32 P) -17 0 0 47 7,349 155 350 8 19 780 296 P) 5 3,734 15 20 P) 3 (D) 276 1 -2 4 1 18 -111 224 905 110 12 1,292 1,596 2 30 12 Germany Greece Ireland Italy Luxembourg Netherlands 2,954 539 P) P) 87 4 118 1,468 21 1,087 695 116 472 257 1 69 40 0 128 244 12 780 317 P) 108 99 0 28 11 3 25 256 0 -2 1 P) 14 526 7 203 71 37 162 288 -4 182 34 87 380 31 513 194 62 534 81 P) 28 66 P) 311 110 0 -42 Norway Portugal Spain Sweden Switzerland Turkey United Kingdom Other 762 172 79 -64 3,419 228 8,763 -46 652 6 -2 P) 84 44 15 -99 236 153 1,772 -41 P) 31 110 4 P) 15 380 10 2 P) 36 -16 41 22 816 P) 3 ,.$0 -11 P) -25 -9 4 P) 86 28 All countries Canada Europe Austria Belgium Denmark Finland France . . . 104 1,856 1,077 239 2,177 fl 1,131 -109 1 -43 -3 2 -364 n n 1 0 36 200 4 125 41 -17 -1 P) P) 34 3 4 1 -39 -21 16 -1 -21 -9 5 -1 69 23 23 5 117 P) i:! 85 n -25 56 0 P) P) n 770 11 13 n ifl 31 1,168 40 3,951 30 -134 _2 Q fi -21 -6 1,609 1 470 P) 47 -222 26 14 41 243 21 -5 36 55 17 318 -2 185 7 -29 -115 1,867 P) /S 9 P) -SP) 14,496 704 7,058 1,088 1,302 141 852 301 1,883 1,492 660 790 4,557 95 632 South America Argentina Brazil Chile Colombia Ecuador Peru Venezuela Other 6,691 615 4,720 282 382 11 18 559 105 458 131 70 P) 131 6 4,737 619 118 339 18 76 4 2 53 9 634 116 392 14 61 -1 -5 57 90 8n T( 840 8 821 254 P) 220 3 6 1,294 2 1,005 78 812 -8 36 1 4 83 177 -20 107 21 21 3 446 86 303 P) 32 14 -4 13 1 0 -1 7 2 221 48 10 95 Central America Costa Rica Guatemala Honduras Mexico Panama Other 3,727 51 92 30 14 0 11 47 1 154 P) Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands, Caribbean Other 4,078 Latin America and Other Western Hemisphere . Africa ... Sypt Nigeria South Africa Other Middle East Israel Saudi Arabia United Arab Emirates Other Asia and Pacific Australia China Hong Kong India Indonesia Japan Korea, Republic of Malaysia New Zealand Philippines Singapore Taiwan Thailand . Other International Addenda: Eastern Europe1 European Union2 OPEC3 * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. See footnote 1, table 11.4. 2. See footnote 2, table 11.4. D 2,469 1,082 39 146 173 3,029 238 44 -295 66 645 31 51 3 0 % l 8 Ap l 8n 14 0 0 0 14 0 0 46 8 0 0 37 0 1 589 0 0 0 589 0 0 417 9 5 1 400 2 1 232 P) -2 1 80 P) 14 0 -1 1 2 12 1,072 0 1 4 142 925 46 -1 n 198 -6 2 164 5 0 0 0 91 2 0 P) 8 8 1 1 P) 0 0 0 0 0 0 0 0 0 0 0 -3 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 69 0 0 251 20 111 P) 330 30 2,864 16 257 0 -1 2 5 23 -10 2 24 8 23 2 11 5 2 3 1 47 0 1 31 15 T16 76 8 P) P) -1 -1 0 0 0 5 4 1 0 37 6 7 21 4 620 214 1,906 94 P) 649 P) 14 663 28 33 22 31 126 134 67 5 fl71 p, -1 P) P) 21 11,570 576 P) 3 p 196 P) P) 13 853 257 249 119 227 22 464 P) 12 -7 233 9 -1 348 9 4 22 -16 30 775 202 544 ;i 2,157 43 20 P) 1,979 365 3,782 B11 1,187 243 608 175 160 n 0 11 0 621 -9 451 128 16 0 0 27 8 10 3 2 P) 5 0 2 1 0 1 184 53 fl95 fl6 P) P) 270 4 19 80 166 269 196 73 3 2 1 0 0 3,620 2,185 84 2,094 70 1,222 1,782 227 649 192 421 1,720 435 403 88 3,177 548 -58 118 -4 1,151 507 4 311 49 5 308 4 221 13 249 117 8 ' 8 836 96 569 32 34 331 98 182 33 247 921 208 30 2 634 187 64 P) ( 'l 207 40 1 P) 92 3 5 8 n 8 0 0 681 269 13 20 17 17 81 7 19 -8 98 -26 137 35 2 -2 1 0 n -3 fl0 P) P) P) 2 0 133 0 ( 3 1 0 0 0 1 0 0 24 1 0 16 7 3 2 n2 -1 1 1 177 177 n0 T0 <20 89 31 -1 P) 393 39 1,198 33 6 381 n 13 8 1 1 1 P) 3 2 1 P) S12 1 -189 -3 P) ( 3 481 12 P) •3 164 -9 104 6 27 439 29 16 n 5 63 -2 1 1 P) -66 4 0 1 2 «2 n fl2 n s 1 P) 133 58 36 10 28 21 22 10 n n 29 15 P) 2 0 20 n 47 P) 3 -17 n n0 6 n n 46 28 •3 2,803 fl44 -304 fl2 n4 3 S 39 fl ( 1 34 P) P) 4 -3 289 6 1 283 2 2 7 0 3 36 17 P) 0 P) 94 P) 18 9 1 1 8 34 0 0 3 31 59 0 143 41 811 8 45 -5 16 2 22 30 6 15 1 7 1,118 203 1,052 219 0 256 171 70 4 38 4 9 -41 §25 215 P) 173 0 n 291 P) 21 -22 99 45 P) 71 208 39 59 50 P) 89 17 n -8 327 7 75 29 13 8 n n -5 55. 23 10 0 n 17 -10 2 60 P) 19 -3 3 9 132 -49 -115 -104 19,729 2,769 2,082 6,828 1,825 496 10 1,444 92 -5 3,372 140 3 204 22 -9 -103 12 P) 215 1 P) -20 133 -21 1,717 96 -6 2,107 78 6 1,686 91 9 6,089 105 1 819 58 30 117 116 3. See footnote 3, table 11.4. NOTE.—In this table, unlike in the international transactions accounts, income is shown net of withholding taxes and without a current-cost adjustment. SURVEY OF CURRENT BUSINESS August 1994 Table 17.—U.S. Direct Investment Abroad: Country Detail for Selected Stems [Millions of dollars] Direct investment position on a historical-cost basis 1989 AH countries Canada Europe Austria Belgium Denmark Finland France Germany l Greece Ireland Italy Luxembourg Netherlands .... . Norway Portugal Spain Sweden Switzerland Turkey . . United Kingdom Other 2 Azerbaijan Croatia3 Cyprus Czech Republic4 Czechoslovakia5 Gibraltar Greenland , Hungary Iceland Kazakhstan 2 Liechtenstein Malta . Poland Romania Russia2 Serbia3 4 Slovakia Slovenia3 Union of Soviet Socialist Republics6 Uzbekistan 2 . .. Yugoslavia7 1992 1993 1989 1990 1991 1992 1993 56,623 498,991 548,644 37,604 30,982 32,696 41,587 58,094 53,929 58,004 52,087 49,123 70,711 68,832 70,395 1,268 3,902 1,337 2,213 2,394 6,501 4,793 3,208 2,653 4,005 189,467 962 7,710 235,163 1,268 10,611 1,940 386 21,569 246,228 1,378 11,115 1,676 364 24,709 269,156 1,384 11,552 1,797 336 23,565 23,679 33 669 P) P) 1,584 10,194 54 746 17,882 92 742 -29 83 3,628 27,637 233 1,169 163 110 2,163 32,647 308 1,597 234 94 2,494 27,963 303 1,692 189 17 2,171 20,869 1,267 19,563 130 1,411 219 -76 2,737 30,023 53 660 181 3 16,443 214,739 1,113 9,464 1,726 544 19,164 24,264 224 905 110 12 1,292 23,673 210 4,665 11,221 1,560 19,160 27,609 282 5,894 14,063 1,697 19,120 32,411 306 6,471 15,085 1,734 20,293 33,578 372 7,686 13,899 1,783 20,142 37,524 424 9,575 13,920 2,314 19,887 2522 -80 793 1,657 65 3,112 1,626 33 926 1,219 -129 -2,004 4,832 14 537 1,508 -3 1,654 1,594 75 1,230 1,192 118 -1,719 4,744 82 1,761 1,346 644 934 3,530 56 1,286 1,408 182 3,129 4,509 69 1,433 2,070 177 4,117 4,693 30 1,556 2,256 192 3,609 2,757 3,447 4,318 1,034 8,088 2,323 25,682 545 79,819 1,282 3,824 1,225 8,345 1,887 29,190 674 82,641 1,741 4,353 1,162 6,437 1,802 32,901 1,023 96,430 2,770 -1,029 P) 979 -4 1,269 93 11,825 P) -43 P) 460 279 5,314 149 -202 P) 112 193 -29 162 930 144 4,665 424 -235 1,605 105 (D) 4,209 897 7,868 1,787 25,099 522 72,707 974 738 130 1,501 275 3,805 49 7,672 35 815 161 1,424 315 4,423 102 8,237 68 962 138 1,210 155 3,216 88 5,427 57 26 40 39 10 343 67,722 0 P) 5 8 2 189 31 P) 19 119 26 342 P) 0 -2 362 3 -1 385 P) 32 8 4 6 63 (D) a 4 s ^ 254 30 P) 345 P) 191 16 160 P) 6 P) 3 1,001 34 P) 325 13 256 25 230 3 pi 141 18,297 (D) 383 -8,378 P) 6,123 427 3 P) P) n 68 (*) 26 % 3,936 1,541 -42 699 1,739 6 8 81 22,262 661 763 -5,072 510 5,397 455 4 8 8 32 1 P) 1 18 1 P) 3,650 1,231 -401 775 2,045 1 P) 4,427 1,246 529 868 1,784 6 P) P) 2 P) « P) 291 -126 36,448 4,733 494 25,668 779 892 -2,072 565 5,315 72 a186 2 31 1 P) 4,440 1,337 301 879 1,922 49 P) -101 2 263 3 P) 0 2 %1 29 P) 29 8 -36 P) 178 9 86 P) 4 2 58 fl 5 -4 35 32 83 17 105 2 40 1 0 1 1 -14 -49 n P) P) -1 a 0 P) n0 n 8 3 n -75 fl-4 P) 3 P) 19 -9 -11 15 -50 9 1 -1 0 0 fl29 P) 5 3 P) 15,003 9,245 8,685 8,993 11,864 14,496 5,345 939 3,304 168 137 222 -5 435 146 68 4,061 43 3,505 303 82 26 -131 111 122 10 1 2,685 405 1,427 337 342 29 -6 -25 -21 2,525 500 931 321 374 30 -17 276 109 26 2 5 3 35 37 4,252 518 2,336 379 411 9 30 488 80 13 2 11 4 14 36 6,691 615 4,720 282 382 11 18 559 105 18 1 7 6 21 52 28,966 385 138 223 15,413 12,575 232 P) 104 P) 1,299 31 14 11 1,652 -430 21 2 14 5 2,611 43 10 3 1,926 612 15 P) 21 P) 2,759 -37 -16 -2 2,321 527 -34 2 -3 -32 1,844 3,607 211 22 -31 2,455 917 32 1 23 8 3,727 92 30 14 2,469 1,082 39 1 33 6 42,049 4,194 644 28.153 1,020 1,077 20 693 6,054 195 5 -13 P) 4,392 5,580 -32 111 1,431 P) 283 3,885 1,541 6,939 473 191 2,980 130 137 3,437 55 -86 29,131 3,864 22,493 4,577 4 n 3,942 558 2,037 191 299 12 -3 692 155 28,065 4,004 252 20,169 529 625 -4,501 485 5,929 574 3 Other Western Hemisphere Bahamas Barbados Bermuda Dominican Republic Jamaica Netherlands Antilles Trinidad and Tobago United Kingdom Islands, Caribbean Other Antigua and Barbuda Aruba Cuba Dominica French Islands, Caribbean Grenada Haiti . .... St Kitts and Nevis St. Lucia St. Vincent 8 p) 152 12,725 25,863 275 115 239 13,723 11,329 182 175 12 83 80 6 761 n 174 5 7,194 23,939 12,501 10,484 -14 P) 2,893 367 890 174 33 49 -44 1,245 179 52 20,415 251 130 262 10,313 9,289 169 P) 90 P) 8,913 94 11 67 16 31 P) 1,951 379 876 520 77 -32 -83 177 37 18 2 7 2 18 -9 158 316 8,264 3 p)2 -1 P) 10,141 28,360 3,399 16,343 2,655 2,436 294 620 1,977 636 122 P) P) 49 139 261 417 107 255 8 0 9,094 90,671 24,607 2,831 14,997 2,069 1,876 321 492 1,427 594 185 213 111 251 % 3 0 112 P) 141 6 2 3 -43 P) 0 9 3,404 77,677 22,933 2,531 14,384 1,896 1,677 280 599 1,087 479 196 4 7 44 134 95 17,846 P) 4,095 762 172 79 -64 3,419 228 8,763 -46 P) 0 13 -12 30,921 4,355 16,908 2,869 2,542 511 631 2,295 809 196 P) 71,413 21,806 8 3 96 3,683 296 13,886 1,145 P) 0 10 8 743 153 873 -19 2,199 143 2,954 104 1,856 1,077 239 2,177 101,936 62,145 46 147 184 9 p) -667 87 1,841 1,822 204 3,113 P) P) 1,412 1,660 301 813 932 448 184 2 3 42 116 101 7 0 -534 167 1,072 121 42 1,499 3 P) 2,215 1 0 174 1,252 -18 2,922 134 6,068 575 P) 0 -18 127 123 -3 14,025 1991 467,844 1,297 , 1990 69,508 21,144 , Income 1989 430,521 (D) .. . Capital outflows (inflows (-)) 1993 63,948 Central America Costa Rica Guatemala Honduras Mexico Panama Other Belize El Salvador Nicaragua Africa Egypt Nigeria South Africa Other Algeria Angola Botswana Burkina Cameroon 1992 381,781 6,500 Latin America and Other Western Hemisphere South America Argentina Brazil Chile . Colombia Ecuador Peru . Venezuela Other Bolivia French Guiana Guyana Paraguay Suriname Uruguay 1991 1990 B n 114 2 35 1 P) 2 5,297 1,374 527 925 2,472 32 277 59 3,014 583 -152 -41 -102 32 10 61 2 -61 -37 -502 P) 277 3,814 P) 817 -116 -2 8n (11 i fln -554 42 -214 -375 -7 8 fl -fi 145 P) 11 91 -225 41 2,797 143 144 -695 -2 -551 -110 a 2 44 81 -147 5 -16 1,334 660 8 P) P) -378 an a an 12 ( l § -450 -292 -423 78 186 -6 8 A 0 13 n -1 P) n -16 75 -28 887 110 -894 5 P) fl 12 fl $ -87 65 -271 118 2 43 P) 24 n -52 8 15 13 41 3,710 108 32 13 2,472 1,035 50 an 5,949 -435 140 2,833 181 197 2,115 122 675 121 1 128 P) n8 1 3 (£j 913 -10 232 94 597 a -51 n 15 5 8 -122 152 115 25 2 -2 3 P) P) 30 15 22 1,417 929 11 2,981 41 21 -8 1,850 1,075 2 16 -5 % P) 3,267 27 8 -7 2,267 955 17 1 21 -6 2,761 63 123 2,652 147 254 -1,309 75 701 55 3,019 438 163 2,067 162 170 3,201 306 239 2,016 171 132 4,006 719 297 1,929 216 125 4,078 146 173 3,029 238 44 -888 -417 -295 2,423 n 8 -932 105 789 56 1 P) P) n 12 n5 n n 0 -1 8 775 286 200 122 166 % fl 130 1,073 20 Sn 13 161 944 31 1 P) ?,13 ( •30 n i n 902 407 197 163 135 1,143 324 642 158 19 1,170 343 620 156 51 fl10 <i £! a 1 s 43 66 645 31 1 8 -3 n 13 1 5 0 6 1 1,187 243 608 175 160 -24 P) 6 ft SURVEY OF CURRENT BUSINESS August 1994 • 159 Table 17.—U.S. Direct Investment Abroad: Country Detail for Selected Items—Continued [Millions of dollars] Direct investment position on a historical-cost basis 1989 Chad Congo Cote D'lvoire Djibouti Equatorial Guinea Ethiopia Gabon Ghana .. Guinea Kenya Lesotho Liberia Libya Madagascar Malawi Mali Mauritania Mauritius Morocco Niger Rwanda Senegal Sierra Leone Somalia Sudan Swaziland ... .... : 19 3 9 4 38 5 60 27 77 Togo Tunisia Uganda Zaire Zambia Zimbabwe Middle East Israel Saudi Arabia United Arab Emirates Other Bahrain Iran Jordan Kuwait Lebanon Oman Qatar Syria .. Yemen8 Yemen (Aden)9 40 P) 47 (D) 0 2 93 122 (D) 133 0 262 221 5 -2 2 2 3 35 2 1 16 P) 3,518 827 1,655 391 644 -65 P) 75 . . Asia and Pacific Australia China Mono Kono India Indonesia japan Korea Republic of Malaysia New Zealand PhilioDines Sinaaoore . .. » Taiwan....:"."...'.'. '.! Thailand Other Bangladesh Brunei Burma Federated States of Micronesia Fiji French Islands, Indian Ocean French Islands Pacific . Macau Marshall Islands North Korea Pakistan Palau Papua New Guinea Sri Lanka Tonga United Kingdom Islands Pacific Vanuatu Western Samoa International Addenda: 10 Eastern Europe u European Union 12 OPEC . f| . '".... 1992 1991 P) 21 59 "o 2 355 116 P) 100 1 235 235 n3 3 -3 3 50 2 1 19 P) 10 3 42 6 33 31 92 3,959 746 1,899 409 905 -139 n8 B81 R 28 -13 20 P) 0 3 334 141 P) 99 1 193 232 4 1 3 357 3 2 19 P) P) 8 -4 4 244 122 P) 88 2 203 268 P) 3 ( i 16 P) 11 P) 0 44 40 P) QP) -2 4 184 117 P) 104 2 209 275 P) 16 3 -8 -4 P) 17 -1 17 1 -3 -3 1 n 11 n n p) 3 94 2 2 13 77 3 2 13 R -20 5 -7 1 5 9 3 3 21 46 6 39 28 91 30 7 35 35 109 8 54 45 132 4,963 826 2,303 416 1,419 -3 5,644 1,358 2,351 429 1,506 6,459 1,660 2,567 537 1,695 -114 3P) 514 -130 1 P) 11 fi ( 123 36 355 910 79,984 16,885 516 8,730 485 4,472 26,590 2,850 1,598 3,206 1,724 6,728 2,910 2,595 696 P) 42 45 P) 92,269 18,437 877 10,457 759 5,031 31,393 3,001 1,928 3,037 1,770 8,782 3,096 10 37 P) 4 7 42 4 4 n 7 1 -8 1 11 -473 -33 56 -99 -399 15 3 1 8 88 f| 72,219 16,072 426 6,656 415 3,826 25,403 2,900 1,774 2,949 1,395 5,363 2,666 2,025 348 6 21 13 2 6 27 3 184 3 43 12 4 -1 1 1 1# 4 -33 7 4 1 -1 1 2,962 2,535 2,684 3,193 3,132 216 (D) 160,988 6,217 127 180,491 7,145 307 199,361 9,729 743 207,170 10,779 1,746 224,587 11,853 P) 23,297 (D) n 3 9 13 2 ,»2 54 10 2 -1 n n g 55 P) A5 193 9 4 -1 49 1 2 $ aP) P) n 254 P) 281 10 4 -1 P) * Less than $500,000 (±). Suppressed to avoid disclosure of data of individual companies. 1. For 1989, this line includes only the Federal Republic of Germany. Beginning in 1990, it also includes the former German Democratic Republic (GDR). This change has no effect on the data because there were no affiliates of U.S. companies in the former GDR in these years. 2. Prior to 1992, data were included in the Union of Soviet Socialist Republics. 3. Prior to 1992, data were included in Yugoslavia. 4. Prior to 1993, data were included in Czechoslovakia. 5. Prior to 1993, included data for Czech Republic and Slovakia. 6. Prior to 1992, included data for Azerbaijan, Kazakhstan, Russia/and Uzbekistan. 7. Prior to 1992, included data for Croatia, Serbia, and Slovenia. 8. Prior to 1990, Yemen included only Yemen (Sanaa). Beginning in 1990, it also includes Yemen (Aden). D Capital outflows (inflows (-)) 1989 1993 64,718 15,110 354 6,055 372 3,207 22,599 2,695 1,466 3,156 1,355 3,975 2,226 1,790 356 7 26 P) P) 55,805 14,368 436 5,412 (D) 2,771 19,911 2,370 1,263 1,062 1,107 2,998 1,968 1,511 1 17 < 1990 P) -12 P) 0 1 256 -2 P) -19 -813 -4 5 1 -5 8n n P! -8 10 q1 -29 4 11 515 -163 494 14 170 -73 -99 -6 35 -4 P) P) 6,783 794 30 352 5 299 A 984 332 50 162 49 165 177 384 330 175 2,019 177 620 222 316 P) 10 n n 1 162 n 25 a 8 -535 -13 -34 8n 2 11 1 1 n 1 -11 1 2 ( 1 n -104 & 1,277 31 -50 23 P) .B -2 4 fl I n 1 p) -37 Income 1989 1993 D4 3 P) -644 4,375 1,997 100 465 8 P) 8( '1l 1992 1991 1990 1 -60 -20 P) n ( \ 'i fl «? 2 1 -35 10 P) 10 n -13 8 P) 12 R 1 0 1 -40 25 3 8 -7 _4 n «2 <?9 ? 312 209 270 -267 u8 479 228 10 P) 50 P) -133 -132 404 136 1,190 184 517 222 137 1,734 78 216 26 p> -10 9 'p)511 •3n* -15 1 -43 8 8 -398 3 8n -2 6 0 ( n n 14 n2 1 2 1 22 1 50 252 8,973 2,006 -56 1,282 61 1,057 2,070 245 231 87 270 727 443 471 78 2 18 •j 6 9,677 1,888 -20 1,200 78 1,886 1,722 269 469 78 227 1,127 341 358 54 2 21 (*) 6 9,316 749 -12 1,540 58 1,785 2,293 70 505 130 232 1,138 414 408 8 3 22 P) 4 1 1 0 63 1 -51 3 7 1 n n 1 4 2 n iin «2 -2 P) "i si1 -30 3 n n n 3 -5 -2 1 -5 8n S| 5 11 8 -12 n2 4Z1 $i <3> n6 1 11 9 20 13 12 21 1,029 222 256 259 291 55 1 1 P) 853 257 249 119 227 52 1 4 39 3 23 1 43 61 i 53 68 11,254 2,219 -29 1,855 66 1,509 1,954 143 663 210 374 1,373 416 436 65 4 26 80 8 11,570 2,185 84 2,094 70 1,222 1,782 227 649 192 421 1,720 435 403 88 7 25 -9 P) n 6 n n 46 1 2 2 1 0 27 1 2 2 0 8 n -2 51 152 745 144 154 230 48? 284 281 17,738 2,706 548 14,327 1,490 1,119 23,141 1,574 13 22,390 1,835 -11 26,522 2,853 -40 23,164 3,294 17,636 3,222 n P) -14 3 2 2 1 -4 4 P) 14 0 ( 11 90 166 -3 34 32 -9 i 8 % 8 1 8n o ?! n 49 1 100 '-5 <? 978 115 472 140 251 17 1 2 3 p> -203 -8-5 1,071 132 454 133 352 -27 1 2 789 305 215 105 165 8 8,829 1,719 494 1,661 240 634 1,766 207 313 6 4 P) 17 «51 21 0 845 511 45 73 216 -35 7,265 1,401 50 1,914 52 834 627 -4 -4 P) 10 646 106 370 93 77 -18 521 94 224 24 180 131 3,854 1,061 40 474 74 413 -21 P) n 15 n n n 1993 R -7 1 1 1 -20 1 15 -2 11 14 P) 149 n 1992 P) 24 11 22 Q n2 8n 1 4 15 -64 216 8 -2 -4 -5 -3 17 $ 11 5 2 0 1 -47 2 P) -6 15 -36 1 -8 8 23 8 R -5 n 3 3 -1 1 jjp)1 1991 1990 8 -121 « 249 -115 19,729 2,769 9. Beginning in 1990, data are included in Yemen. 10. As of yearend 1993, Eastern Europe comprises Albania, Armenia, Azerbaijan, Belarus, Bulgaria, Czech Republic, Estonia, Georgia, Hungary, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Poland, Romania, Russia, Slovakia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan. For additional information on geopolitical changes in Eastern Europe between 1989-92, see footnotes 2,4,5, and 6. 11. See footnote 2, table 11.4. 12. OPEC is the Organization of Petroleum Exporting Countries. Its members are Algeria, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Prior to 1993, Ecuador was also a member of OPEC; its data are included in this line through 1992. NOTE.—In this table, unlike in the international transactions accounts, income and capital outflows are shown without a current-cost adjustment, and income is shown net of withholding taxes. l6o • August 1994 SURVEY OF CURRENT BUSINESS Table 18.-U.S. Direct Investment Abroad: Industry Detail for Selected Items [Millions of dollars] Direct investment position on a historical-cost basis 1989 All Industries 1991 1990 1992 1993 Capital outflows (inflows (-)) Income 1989 1990 1991 1992 1993 1989 1990 1991 1992 1993 381,781 430,521 467,844 498,991 548,644 37,604 30,982 32,696 41,587 58,094 53,929 58,004 52,087 49,123 56,623 48,325 25,311 23,126 2,186 15,765 10,721 4,873 171 5,442 1,806 915 444 184 263 52,826 26,341 24,670 1,671 17,855 11,765 5,911 178 6,956 1,674 893 256 210 315 57,742 30,352 27,928 2,423 18,765 12,153 6,283 329 6,723 1,903 1,104 251 248 301 57,487 30,607 27,838 2,768 18,378 11,483 6,478 417 6,673 1,830 856 227 253 493 62,409 33,320 31,024 2,297 18,925 12,063 6,682 180 8,349 1,814 804 145 235 629 -7,113 -3,319 -3,356 36 -3,101 -3,769 649 19 4,107 1,314 1,745 71 226 96 130 5,086 3,033 2,807 225 1,020 903 196 -79 1,073 -39 29 33 2,226 1,766 1,375 391 236 103 120 14 19 204 99 37 17 51 96 5,454 3,329 3,369 -40 1,144 857 247 40 761 219 55 78 15 71 9,869 6,693 6,676 17 1,597 1,097 460 40 1,294 286 123 55 18 90 10,299 6,751 6,572 180 2,089 1,055 986 48 1,090 368 152 59 19 138 7,443 5,400 5,230 170 1,001 480 447 75 832 210 11 47 20 132 8,557 5,300 5,235 65 1,776 1,063 695 19 1,294 187 33 9 22 122 147,944 170,164 179,230 186,675 199,457 17,201 16,536 12,914 16,858 19,083 27,034 24,774 20,133 18,830 20,289 11,890 3,235 2,639 596 2,532 6,122 349 400 1,726 3,648 15,570 4,175 3,183 992 3,076 8,319 507 494 2,326 4,992 17,148 4,478 3,682 796 4,336 8,334 301 731 2,699 4,603 20,196 4,922 3,989 932 5,554 9,720 305 988 2,994 5,434 22,579 5,600 4,432 1,168 6,635 10,344 261 769 2,763 6,551 169 -2,261 343 -2,604 870 1,221 124 52 415 630 6,109 848 375 472 5,443 74 71 274 5,025 2,205 478 575 -97 996 731 -66 222 318 257 3,303 830 595 236 1,202 1,271 -20 214 221 856 5,778 652 549 103 1,937 3,189 -20 232 439 2,538 2,295 574 410 164 705 1,016 21 105 275 615 2,522 652 536 116 660 1,210 64 137 179 831 2,929 600 536 65 1,003 1,326 14 253 409 650 3,187 603 523 81 1,264 1,320 24 194 383 719 3,672 714 615 99 1,616 1,342 -26 204 351 812 33,563 15,580 8,221 4,741 937 4,083 37,988 17,348 9,314 5,994 934 4,398 40,613 17,781 11,296 6,074 1,055 4,406 43,903 18,431 12,890 6,564 1,022 4,994 46,135 18,457 14,320 6,842 1,479 5,037 4,341 1,782 1,530 659 133 237 2,885 1,567 520 592 5 201 3,894 661 2,207 710 67 249 4,764 1,161 1,899 851 137 716 3,703 157 1,995 837 330 384 5,918 2,505 1,783 708 123 798 5,671 2,163 1,848 773 101 784 5,893 1,448 2,902 918 128 497 5,975 1,693 2,730 977 -8 584 5,954 1,505 2,501 1,220 140 588 8,175 2,091 375 1,715 6,084 1,395 1,183 10,520 2,958 401 2,557 7,562 1,858 1,451 9,515 2,800 387 2,414 6,714 1,475 1,781 9,486 2,914 397 2,517 6,573 1,390 1,860 9,922 2,485 727 1,758 7,437 1,253 1,870 1,489 223 5 218 1,266 271 563 1,965 792 38 754 1,173 260 225 -622 -243 516 116 7 109 400 46 249 672 296 470 1,541 458 17 441 1,084 144 314 1,140 190 25 165 950 232 361 729 -92 31 717 58 18 40 659 49 334 765 901 768 676 824 37 66 2,740 3,352 2,690 2,646 3,489 394 622 6 Machinery, except electrical Farm and garden machinery Construction, mining, and materials handling machinery , Office and computing machines Other Engines and turbines Metalworking machinery Special industry machinery General industry machinery and equipment Refrigeration and service industry machinery Machinery, except electrical, nee 26,787 352 3,376 18,422 4,636 823 455 916 1,223 843 375 30,875 204 3,650 22,152 4,869 975 150 1,047 1,229 1,030 438 32,079 133 3,087 22,567 6,292 1,365 576 1,146 1,521 1,129 554 29,719 132 2,101 20,722 6,763 1,467 877 1,296 1,549 1,124 451 29,736 323 2,411 20,579 6,423 997 879 1,247 1,631 1,143 527 1,200 131 396 638 35 3 24 114 1,421 -86 212 1,364 -68 76 1,946 80 25 77 2 -9 127 56 939 1,125 437 365 35 153 86 48 Electric and electronic equipment Household appliances Radio, television, and communication equipment Electronic components and accessories Electrical machinery, nee 13,303 1,656 2,457 6,257 2,932 15,550 1,740 3,074 7,548 3,188 15,383 1,736 2,539 8,225 2,882 15,461 1,501 2,554 8,583 2,823 18,353 1,493 4,442 9,146 3,273 2,917 284 557 609 1,467 1,241 -36 326 777 174 353 220 346 846 -1,059 Transportation equipment Motor vehicles and equipment . Other 21,421 20,451 970 21,522 20,410 1,112 23,341 22,177 1,163 25,498 24,303 1,195 26,229 24,785 1,444 1,700 1,596 104 -552 -602 50 Other manufacturing Tobacco manufactures Textile products and apparel Textile mill products . . Apparel and other textile products Lumber wood furniture and fixtures Lumber and wood products Furniture and fixtures Paper and allied products Pulp paper and board mills . . Other paper and allied products Printing and publishing Newspapers Miscellaneous publishing ........ Commercial printing and publishing Rubber products Miscellaneous plastics products Glass products Stone, clay, and other nonmetallic mineral products Instruments and related products . . Measuring scientific and optical instruments Medical instruments and supplies and ophthalmic 32,807 1,982 1,597 947 650 851 492 360 9,418 4,299 5,119 1,451 20 1,034 397 3,269 2,205 1,182 2,058 7,421 1,262 38,140 2,869 1,761 1,070 690 1,056 501 555 9,954 4,593 5,361 1,603 16 1,212 375 3,357 2,422 1,405 2,765 9,120 1,878 41,152 3,767 1,971 1,270 701 1,158 578 580 10,936 5,109 5,827 1,463 20 1,119 323 3,480 2,955 1,868 2,847 9,056 1,839 42,412 3,842 2,280 1,077 1,203 1,279 685 595 11,212 5,140 6,071 1,813 16 1,487 309 3,453 3,164 1,465 2,615 9,489 1,768 46,502 5,117 2,198 1,537 661 1,271 789 481 12,128 4,178 7,950 1,877 49 1,463 365 3,646 2,803 2,109 2,941 10,512 2,372 5,724 2,564 3,595 1,371 85 1,286 3,189 4,053 1,826 87 1,739 3,454 3,763 1,652 12 1,640 4,257 3,464 1,801 7 1,794 4,156 3,984 1,901 -22 1,923 38,454 26,231 1,698 30 14,178 793 2,984 43,681 29,069 1,806 25 15,285 555 3,552 49,927 32,163 2,425 26 15,957 1,075 3,544 52,668 32,691 1,625 -36 16,919 1,124 4,274 553 542 648 668 Petroleum Oil and gas extraction Crude petroleum extraction (no refining) and natural gas Oil and gas field services Petroleum and coal products Integrated petroleum refining and extraction Petroleum refining without extraction Petroleum and coal products, nee Petroleum wholesale trade Other Petroleum tanker operations Petroleum and natural gas pipelines Petroleum storage for hire Gasoline service stations Manufacturing .. Food and kindred products Grain mill and bakery products Grain mill products Bakery products . Beveraaes Other Meat products Dairy products Preserved fruits and vegetables Other food and kindred products Chemicals and allied products Industrial chemicals and synthetics Drugs Soap cleaners and toilet goods ... . .... ..... .. Chemical products nee Primary and fabricated metals Primary metal industries Ferrous Nonferrous Fabricated metal products Metal cans forgings and stampings Cutlery, hand tools, and screw products Heating and plumbing equipment and structural metal products Fabricated metal products, nee, ordnance, and services goods . .... .. .. Photographic equipment and supplies Other Leather and leather products Miscellaneous manufacturing industries Durable trade .. Motor vehicles and equipment Lumber and other construction materials Professional and commercial equipment and supplies Metals and minerals Electrical goods Hardware, plumbing, and heating equipment and suoolies -899 207 82 73 16 36 -208 -431 1,728 1,142 574 13 1,027 37 188 -214 -182 -319 -83 160 -378 -614 340 -111 -198 -227 -773 501 44 -185 257 101 -63 11 209 -134 n -174 376 36 130 -123 822 143 393 565 -110 18 -127 675 57 342 -15 41 113 57 27 44 76 121 170 513 300 258 233 200 5,203 1,144 4,010 632 105 31 53 208 113 121 5,389 -14 168 4,709 527 54 28 92 175 97 80 2,821 470 112 202 128 92 -2 -62 936 133 -65 532 336 83 38 114 118 28 -45 2,646 444 99 26 102 143 80 -6 970 507 183 28 88 124 75 10 1,030 P) (°) 711 289 108 2 28 103 27 22 908 1,712 -645 -175 -107 -833 8 -108 -161 8 126 564 355 895 766 203 2,028 141 677 785 425 1,401 152 403 585 260 1,053 144 349 408 153 1,096 107 277 739 -28 2,006 37 928 844 197 1,831 1,732 99 4,288 4,224 63 1,687 1,166 521 5,094 5,143 -49 3,836 3,740 96 2,687 2,625 61 2,427 2,342 85 2,631 2,498 132 3,467 582 94 118 -24 52 -18 70 821 327 494 97 -4 125 -24 208 93 36 336 973 239 3,305 680 102 66 36 9 -25 34 1,066 589 476 -37 -1 -52 15 314 170 493 36 434 -69 3,724 129 307 15 291 57 52 5 1,111 523 587 367 -4 386 -16 379 33 28 75 1,121 116 4,595 1,369 127 92 35 189 119 70 -18 4,816 574 245 86 158 58 15 43 1,058 235 823 202 -3 171 35 279 269 186 310 1,430 203 4,022 868 169 121 48 17 -15 32 608 6 602 160 -5 158 7 324 250 110 146 1,288 228 4,284 QQfi yyo 212 145 67 32 39 -7 421 4,431 1,212 133 88 44 76 74 2 393 -111 -129 692 295 27 246 23 539 157 271 125 902 414 4,955 542 235 111 125 100 68 32 1,291 450 841 216 -2 181 37 473 335 238 357 1,004 167 88 143 1,277 140 522 225 -7 228 3 701 202 40 145 1,180 162 333 196 279 1 278 397 337 174 3 172 240 263 38 -9 47 1,033 -29 119 -1 120 392 96 641 -1 642 526 310 163 10 153 489 737 206 4 202 589 471 83 -4 88 658 479 56 -1 57 581 437 124 6 119 57,645 35,119 1,438 12 17,661 1,356 5,310 3,018 2,533 551 -14 810 99 273 2,385 749 5,150 2,240 5,218 3,191 -610 -154 6,198 4,054 532 435 4,778 2,264 543 5 1,081 220 81 -21 1,247 85 1,200 -4 2,419 191 418 1,877 245 460 6,779 4,228 359 -3 2,447 180 622 5,969 3,370 382 2 1,760 75 602 5,707 3,093 241 7 1,505 77 675 6,533 3,468 49 -2 1,988 73 717 677 84 -3 93 36 72 72 48 42 64 58 -813 100 65 36 65 62 2 4,517 3,909 608 365 2 258 105 230 288 90 230 374 -155 -150 -6 245 -303 -137 -152 -710 532 206 -4 210 & 249 SURVEY OF CURRENT BUSINESS August 1994 Table 18.—U.S. Direct Investment Abroad: Industry Detail for Selected Items—Continued [Millions of dollars] Direct investment position on a historical-cost basis Machinery, equipment and supplies, nee Durable goods nee Nondurable goods Paper ana paper products Drugs, proprietaries, and sundries Apparel piece goods and notions Groceries and related products Farm-product raw materials Nondurable goods nee Banking Finance (except banking), insurance, and real estate Finance except banking Savings institutions and credit unions Business franchising Other Insurance Life insurance Accident and health insurance Other „ Real estate Holding companies Services Hotels and other lodging places Business services Advertising Equipment rental (ex. automotive and computers) Computer and data processing services Computer processing and data preparation services ... Information retrieval services Computer related services nee Business services nee Services to buildings Personnel supply services Other Automotive rental and leasing Motion pictures, including television tape and film Health services Engineering, architectural, and surveying services Management and public relations services Automotive parking, repair, and other services Miscellaneous repair services Amusement and recreation services Legal services Educational services Accounting, auditing, and bookkeeping services Research, development, and testing services Other services provided on a commercial basis Other Industries Agriculture forestry and fishing Agricultural production—crops Agricultural production—livestock Agricultural services . .. Forestry Fishing hunting and trapping Mining Metal mining Iron ores Copper, lead, zinc, gold, and silver ores Other metallic ores Metal mining services Nonmetallic minerals Coal Coal mining services Nonmetallic minerals except fuels Nonmetallic minerals services, except fuels Construction Transportation Railroads Water transportation Transportation by air Pipelines except petroleum and natural gas Passenger transportation arrangements Transportation and related services nee Communication and public utilities '. Other communications services Electric gas and sanitary services Retail trade General merchandise stores Food stores Apparel and accessory stores Eating and drinking places Retail trade nee , 1989 1990 1991 1992 1993 4,724 1,271 12,222 239 3,298 655 1,497 1,094 5,440 5,744 1,562 14,612 292 4,092 687 1,484 1,205 6,852 6,783 1,704 17,763 343 4,662 1,190 2,317 1,609 7,642 5.819 2,297 19,977 645 5,526 1,438 1,507 1,878 8,983 6,502 2,163 22,526 318 6,298 2,065 2,450 1,438 9,956 1991 1990 490 241 485 8 310 1,207 334 196 1,636 17 500 -71 15 151 1,023 90 151 2,514 63 566 516 113 365 892 -139 -31 -871 Income 1992 1993 1989 24 279 2,910 561 837 377 -64 313 2027 -100 -115 -332 1,350 -157 1,026 551 13 925 1990 565 302 2,144 43 706 194 315 29 856 1992 1991 267 308 2,552 33 787 294 438 146 854 196 311 2,599 25 835 523 216 136 865 1993 188 337 2,614 41 838 530 60 378 766 287 298 3,065 -5 1,101 463 504 39 962 19,378 20,670 21,283 24,081 26,720 -1,192 -1,427 -1,157 1,294 1,865 219 380 250 2,245 101,086 25,613 0 214 25,399 15,998 1,926 1,028 13,044 1,611 57,864 109,657 23,297 135,600 30,243 0 185 30,058 19,798 3,758 1,676 14,364 2,266 83,292 155,597 46,023 0 457 45,565 23,374 4,350 1,892 17,132 2,629 83,570 22,138 13,981 3,632 -3,403 8,572 1,548 12,137 1,954 1,546 196 379 147 22,533 13,505 0 109 13,396 2,128 92 208 1,829 377 6,523 12,830 2,107 -3,402 1,964 826 224 914 188 4,883 12,283 6,531 0 27 6,504 763 69 130 564 352 4,637 11,547 1,526 23,070 18,547 2,463 1,594 14,490 1,876 65,937 120,552 24,777 0 165 24,612 18,888 3,503 1,582 13,803 1,919 74,968 11,587 1,631 0 27 1,604 1,029 171 261 597 -18 8,945 14,307 4,016 0 66 3,950 1,809 93 325 1,390 138 8,344 11,736 1,181 4,796 1,117 634 1,661 99 185 1,376 1,385 166 236 983 731 1,800 348 663 1,094 1,123 34 144 (D) 94 114 87 297 (D) 13,446 1,316 5,421 1,096 650 2,119 455 237 1,427 1,556 170 292 1,095 1,007 2,019 217 756 1,126 1,584 47 172 335 138 127 94 333 337 15,781 1,428 7,533 1,932 669 3,167 914 258 1,995 1,765 161 127 1,476 881 1,822 182 878 1,400 1,658 42 208 204 181 153 114 588 168 17,086 1,490 7,811 1,981 666 3,401 1,030 291 2,080 1,764 147 95 1,522 1,595 1,595 217 923 1,677 1,777 54 248 243 241 127 140 544 182 18,104 1,286 7,552 1,411 819 3,576 1,169 272 2,135 1,746 145 349 1,252 1,409 2,245 244 1,014 1,955 2,398 43 222 149 282 122 123 601 855 2,207 203 1,083 288 -8 589 227 -34 395 214 1 76 136 -61 813 2,169 148 564 273 -6 144 203 9 -68 152 -9 14 147 790 192 27 141 184 124 1,285 19 642 42 148 453 290 9 154 1,732 115 482 66 45 163 64 -2 101 209 1,598 79 684 164 41 422 176 8 239 56 17 -2 41 112 273 37 187 279 -54 1 7 14,859 582 393 77 20,077 615 392 109 23,330 546 373 108 25,394 659 239 170 22 28,713 678 226 213 n 8 4,717 2,823 434 1,952 349 87 1,893 1,474 0 417 2 615 1,811 i£ 112 0 P) 503 920 325 45 549 6,215 1,549 1,059 293 * Less than $500,000 (±). D Suppressed to avoid disclosure of data of individual companies. Capital outflows (inflows (-)) 1989 8 28 a a 5,007 3,324 550 2,290 416 68 1,683 1,246 0 434 3 706 2,328 2 1,524 51 n -14 763 4,425 2,895 30 1,500 6,996 1,646 784 288 a 5,256 3,134 596 1,952 516 70 2,122 1,599 0 520 3 1,214 2,684 1 1,503 59 8 1,094 5,494 3,579 168 1,747 8,136 1,709 1 i? $ % 5,586 3,444 582 2,349 446 67 2,142 1,619 0 520 1,083 3,479 -3 2,207 54 0 23 1,199 5,727 4,238 341 1,149 8,859 1,828 1,078 386 8 *aa 3,909 666 2,824 388 30 2,044 1,553 0 488 3 763 3,720 30 2,421 47 1 36 1,185 7,503 5,601 223 1,680 10,096 2,363 1,046 211 4,521 1,956 8 13,913 321 -167 -48 535 225 7,610 ( 'l -330 365 6,463 1,964 12 181 206 2 29 P) 44 32 15 76 P) 1,727 126 605 28 -23 433 356 53 23 167 9 30 128 255 510 -38 20 27 222 11 23 -2 44 -4 -9 22 137 1,345 30 -3 6 4,023 36 19 15 3,400 -19 35 -4 -230 117 40 -396 514 -87 9 78 77 0 -2 3 102 286 P) 162 15 0 P) 115 360 141 5 214 450 101 -97 28 % 231 328 120 164 64 -19 -97 -119 0 22 . 369 P) 280 -70 -115 1,395 221 2 849 429 -6 426 323 1 3 320 -108 237 -70 172 482 -28 -43 -28 -90 43 26 25 165 -127 -235 37 -326 55 -2 327 316 0 11 A 435 1 95 -11 -8 389 3,228 2,520 -16 723 69 6 -247 10 1,770 1,388 128 253 872 45 301 65 a a 8 -62 59 15 4 67 39 3,761 99 -87 30 -13 & 692 14 590 91 -2 -113 -120 0 -8 1,089 -4 705 -2 0 15 376 961 758 165 38 1,059 161 62 40 8. 8 n 14 2,058 2,079 522 177 1,380 -66 8,709 1,940 1,546 294 208 1,044 -88 8,725 28 243 185 435 2 8 -88 46 -6 37 -4 441 155 32 504 46 61 298 193 3 26 -7 81 18 24 27 21 1,748 162 638 164 52 170 14 43 113 253 22 43 188 22 455 24 118 174 155 3 18 -19 52 17 22 23 40 1,483 91 702 247 49 236 118 25 94 170 17 6 147 17 -63 19 156 307 234 3 18 37 49 13 25 21 67 1,467 57 713 266 12 325 116 26 182 110 -7 11 106 58 155 27 254 108 95 67 12 17 32 47 59 9 2 8 67 3,024 21 -30 38 1,744 64 25 12 1,623 -15 -24 10 1,836 -60 -16 -14 1,844 -42 -62 31 8 -fi- ft & 3 465 P) 201 P) -2 61 17 0 44 333 82 108 145 -2 61 -16 0 77 -8 -2 480 346 44 138 165 -1 135 49 0 86 1,501 -13 -46 22 1 4 5 380 344 36 187 122 -1 36 -18 0 54 1862 ifi92 43-1 20 -165 -102 -133 27 54 -205 -9 -127 -75 0 -52 fl26 111 35 67 fl12 2,033 1,288 196 548 1,095 388 4 28 P, 1352 21 190 1,641 -47 8,216 8 562 95 243 224 1 -69 -151 0 81 n 101 205 -3 176 17 0 3 12 222 120 -4 107 659 196 75 40 248 100 sS 4 154 16 n -113 299 113 -8 194 646 P) 31 19 P) 85 -7 300 9 3 -203 578 318 -20 280 660 P) 79 1 P) 129 a n n 148 122 -9 215 10 0 7 -101 523 377 -21 168 612 38 69 n 416 89 -206 n 91 9 -8 177 21 n -186 505 295 -24 234 529 -108 -10 -16 8 NOTE.—In this table, unlike in the international transactions accounts, income and capital outflows are shown without a current-cost adjustment, and income is shown net of withholding taxes. U.8. Census Bureau Announces Census Catalog and Guide: 1994 It's official all right, though not your usual government catalog— A 360-page One-Stop Guide to all kinds of statistics! You'll quickly find enough information about each source to help you select what you need. You'll find the where, the when, and especially the what—in detail. A major reference resource, it covers everything from mid-'88 through '93—and shows how to get the latest version. Want More? You'll find thousands of phone numbers and addresses for easy access to information and assistance. Why pass up help—State or local, public or private? The catalog describes what you'll find on CD-ROM, paper, floppy disk, or tape: * 1990 Census of Population and Housing * Current Surveys of Population and Housing Plus all our other topics too— * * * * * Agriculture Business Construction Foreign Trade Geography * * * * * Governments International Manufacturing Mineral Industries Transportation r - - or Photocopy *7367 Superintendent of Documents Publications Order Form P3 Charge your order. it's easy! I I JL JlfO 9 please send me the following:. To fax your orders (202) 512-2250 copies of Census Catalog and Guide: 1994, S/N 003-024-08752-9, at $23 each ($28.75 foreign) The total cost of my order is $ . Prices include regular domestic postage and handling and are subject to change. Please Choose Method of Payment: (Company or personal name) (Additional address/attention line) (Please type or print) Q Check payable to the Superintendent of Documents GPO Deposit Account | [ VISA or MasterCard Account i i i i im-n (Street address) (City, State, ZIP Code) (Daytime phone including area code) (Purchase Order No.) (Credit card expiration date) (Authorizing Signature) Mail Tb: Superintendent of Documents RO. Box 371954 PittRhiirah PA Thankyou for your order! 5/94 C-l SURVEY OF CURRENT BUSINESS August 1994 BUSINESS CYCLE INDICATORS Series originating in Government agencies are not copyrighted and may be reprinted freely. Series from private sources are provided through the courtesy of the compilers and are subject to their copyrights. Current and historical data for the series shown in the C-pages are available on diskettes, printouts, and the Commerce Department's Economic Bulletin Board. For more information, contact the Business Cycle Indicators Branch, Business Outlook Division (BE-52), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. (Telephone: (202) 606-5366; fax: (202) 606-5313.) NOTE.—This section of the SURVEY is prepared by the Business Cycle Indicators Branch. Series no. Year 1993 1994 Series title and timing classification June | 1993 Aug. July Sept. Dec. | NO,. CM. Jan. | Feb. Mar. May Apr. June July 1. COMPOSITE INDEXES The Leading Index 9104 • 1• 54 8* 32* 20* 29 4 92* 99 • .19* 1064 834 950 • Composite index of leading indicators, 1987=100 (L.L.L) .... Percent change from previous month .. . Percent change over 3-month span, AR Leading index components: Average weekly hours mfg (ILL) Average weekly initial claims for unemployment insurance, thous. (L.C.L)^. Mfrs.' new orders, consumer goods and materials, bil.1987$ (L,L,L)§. Vendor performance, slower deliveries diffusion index, percent (L,L,L). Contracts and orders for plant and equipment, bil. 1987$ (L,L,L)§. Index of new private housing units authorized by local building permits, 1967*100 (L.L.L). Change in mfrs.' unfilled orders, durable goods, bil. 1987$, smoothed (L,L,L)f. Change in sensitive materials prices, percent, smoothed (L,L,L)f. Index of stock prices, 500 common stocks, 1941-43*10, NSA (L.L.L)*. Money supply M2 bil. 1987$ (L L L) Index of consumer expectations, U. of Michigan, 1966:1-100, NSA (L.L.L)©2. Diffusion index of 11 leading indicator components: Percent rising over 1 -month span Percent rising over 6-month span 98.7 .1 1.4 -2.0 41.4 98.1 97.9 -.2 1.2 0 98.4 .5 2.1 98.6 .2 5.0 99.1 .5 4.5 99.5 .4 6.7 100.2 .7 5.4 100.4 .2 4.1 100.5 .1 4.1 101.2 .7 3.2 101.2 0 3.2 101.3 .1 1.2 101.5 .2 '101.5 '0 '1.2 41.3 41.4 41.5 41.7 41.7 41.7 41.3 42.1 42.2 42.1 42.0 383 399 371 41.5 370 41.6 365 354 336 318 360 338 327 344 371 348 '41.9 345 1,304.63 "106.60 105.36 "106.61 "108.97 '111.33 '112.47 '114.60 116.08 '115.62 "118.25 '117.69 '118.70 "117.66 '113.99 51.6 50.2 50.0 51.3 50.9 50.7 50.7 51.7 55.0 58.8 55.1 57.6 60.7 59.7 57.3 38.67 '36.14 '37.00 '36.48 '38.48 '41.33 '40.82 '42.06 '42.18 '43.49 '42.02 '42.08 '44.20 '43.07 89.5 93.2 98.4 100.9 103.5 108.7 117.5 104.6 99.8 -2.89 -2.21 444.42 96.3 r r -2.87 -3.35 -3.30 -3.15 -3,23 -3.10 -2.92 -.26 -.43 -.43 -.48 -.50 -.32 -.05 451.41 448.06 447.29 454.13 463.90 2,774.9 2,778.5 2,778.1 '2,773.4 2,777. 7 '2,771.9 459.24 r -1.68 104.7 110.0 108.2 104.9 106.6 -1.41 -1.02 '-.63 '-.18 '-.20 .26 .52 .85 '1.07 '1.16 '1.30 '1.71 2.28 462.89 465.95 472.99 471.58 463.81 447.23 450.90 454.83 451.40 '2,772.8 '2,772.3 '2,776.4 '2,767.0 '2,769.3 "2,771.5 '2,767.7 72.8 70.4 64.7 65.8 66.8 72.5 70.3 78.8 86.4 83.5 85.1 82.6 84.2 •56.1 54.5 63.6 40.9 63.6 77.3 81.8 68.2 90.9 81.8 90.9 72.7 81.8 81.8 90.9 77.3 81.8 63.6 '63.6 45.5 '86.4 45.5 63.6 54.5 64.4 '63.6 109.1 .1 2.5 108.9 .1 .7 108.8 -.1 2.2 109.4 .6 2.6 109.6 .2 4.5 110.0 .4 4.1 110.5 .5 5.6 111.1 .5 3.7 111.0 _ •< 48 111.8 .7 4.8 112.4 .5 112.8 '.3 "113.1 '5.5 M 3.6 110,525 3,523.2 110,372 3,514.8 110,628 3,506.0 110,714 3,543.1 110,923 3,539.6 111,112 3,556.1 111,366 3,571.8 111,610 3,589.3 111,711 3,566.9 111,919 3,618.9 112.298 3,629.0 112,699 '3,638.1 110.9 110.4 "2,755.7 '2,755.9 82.7 78.5 '31.8 The Coincident Index 9204 4 41 4 51 4 474 574 951 4 Composite index of coincident indicators, 1987-100 (C.C.C) Percent change from previous month Percent change over 3-month span, AR Coincident index components: Employees on nonagricultural payrolls, thous. (C.C.C) .... Personal income less transfer payments, bil. 1987$, AR (C.C.C). Index of industrial production, 1987-100 (C.C.C) Manufacturing and trade sales, mil. 1987$ (C.C.C) Diffusion index of 4 coincident indicator components: Percent rising over 1 -month span Percent rising over 6-month span 6,198,175 '"514,744 r 110.9 111.1 111.3 111.9 112.8 114.0 114.6 115.0 51 0,930 518,086 520,413 523,034 528,548 534,432 532,406 538,629 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 50.0 100.0 100.0 100.0 100.0 100.0 96.6 96.4 96.2 96.2 96.4 96.0 '95.9 80.2 97.9 62.5 50.0 87.5 100.0 100.0 100.0 96.4 96.3 96.7 96.4 '112.5 "2.5 3 113.3 3 .2 112,951 '113,307 '113,566 '3,645.3 "3,640.2 '3,645.6 '116.0 116.3 "116.9 115.9 545,901 '542,338 "543,025 * 546,1 13 3 3 '.3 2.9 75.0 '100.0 "75.0 '97.4 4" 5 '117.2 3 100.0 100.0 The Lagging index 9304 4 914 774 624 1094 101 4 954 1204 952 4 9404 Composite index of lagging indicators, 1987*100 (Lg.Lg.Lg) Percent change from previous month Percent change over 3-month span, AR Lagging index components: Average duration of unemployment, weeks (Lg.Lg.Lg) 5 $ Ratio, mfg. and trade inventories to sales in 1987$ (Lg.Lg.Lg). Change in labor cost per unit of output, mfg., percent, AR, smoothed (Lg.Lg.Lg) f. Average prime rate charged by banks, percent, NSA (Lg.Lg.Lgr. Commercial and industrial loans outstanding, mil. 1987$ (Lg.Lg.Lg). Ratio, consumer installment credit outstanding to personal income, percent (Lg.Lg.Lg). Change in Consumer Price Index for services, percent, AR, smoothed (Lg.Lg.Lg) t. Diffusion index of 7 lagging indicator components: Percent rising over 1-month span Percent rising over 6-month span Ratio, coincident index to lagging index, 1987-100 (L.L.L) . .1 0 18.1 1.54 0 1.3 17.8 1.55 .4 .4 -.3 1.3 17.9 1.56 18.3 1.54 .1 18.4 1.54 .9 -.2 -.8 18.4 1.53 .5 -.2 -1.6 18.9 1.52 0 0 .2 -.8 '-.1 '.5 '96.9 '.5 0 '3.8 '6.4 "-1£ 96.4 4 97.3 -.1 4 s!s 18.2 1.50 18.3 1.51 18.7 1.50 19.2 1.47 19.1 1.49 19.6 1.50 18.3 '1.49 19.2 -2.1 -2.8 -2.4 -2.9 '-3.4 '-3.7 '-3.4 '-3.0 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.06 6.45 6.99 7.25 7.25 371.343 370,002 375,158 376,605 376,574 373,963 374,072 373,476 14.13 14.03 14.14 14.07 14.25 14.29 14.35 14.42 14.60 14.45 14.57 14.68 '14.83 '15.00 3.8 4.1 4.0 3.9 3.7 3.6 3.5 3.5 3.1 3.2 3.6 3.6 3.3 3.0 49.4 42.9 57.1 35.7 64.3 50.0 28.6 50.0 50.0 50.0 28.6 35.7 28.6 21.4 42.9 28.6 50.0 35.7 35.7 42.9 57.1 "71.4 113.2 113.1 112.5 113.5 113.5 114.1 114.9 115.5 115.1 116.5 '116.4 "116.1 -.9 -.8 -.5 NOTE.—The following current high values were reached before June 1993: May 1991—BCI-106 (2,865.8); December 1991-BCI-77 (1.66); January 1992-BCI-120 smoothed (4.2); October 1992-BCI-62 smoothed (3.0); December 1992-BCI-51 (3.706.5) and BCI-83 (89.5); and April 1993-BCI-91 (17.7). See page C-6 for other footnotes. .2 -1.2 -.5 '375,033 "371,935 '369,083 '371,341 '376,092 "378,007 '381,691 42.9 '42.9 '117.2 4 78.6 40.0 '116.7 . 2.9 4 50.0 '116.4 SURVEY OF CURRENT BUSINESS C-2 • August 1994 Series no. Year 1994 1993 Series title and timing classification June | 1993 July Aug. | Sept. | Oct. | Nov. j Dec. | Feb. Jan. Mar. | Apr. j May j June July 2. LABOR FORCE, EMPLOYMENT, AND UNEMPLOYMENT 441 442 451 452 453 14 21 4 5* 46 * 60 484 42 41 4 963 40 • 90 o 37 43* 45 91 • 44 Labor force: Civilian labor force thous. l Civilian employment thous l Civilian labor force participation rates (percent): Males 20 years and over1 Females 20 years and over l Both sexes 16-19 years of age1 Marginal employment adjustments: Average weekly hours mfg (L L L) .... Average weekly overtime hours mfg (L C L) Average weekly initial claims for unemployment 2 insurance, thous. (L,C,L) t Job vacancies: Index of help-wanted advertising, 1967=100 (L.Lg.U) l Ratio, help-wanted advertising to unemployed (L,Lg,U) Employment: Employee hours in nonagricultural establishments, bil. hours, AR (U.C.C). Persons engaged in nonagricultural activities, thous. (U.C.C)1. Employees on nonagricultural payrolls, thous. (C.C.C) .... Diffusion index of employees on private nonagricultural payrolls, 356 industries: Percent rising over 1 -month span Percent rising over 6-month span Employees in goods-producing industries, thous. (L,C,U) Ratio, civilian employment to population of working age, percent (U,Lg,U) *. Unemployment: J Number of persons unemployed, thous. (L,Lg,U) $ Civilian unemployment rate, percent (L,Lg,U) 1 1 Average weekly insured unemployment rate, percent (L,Lg,U)3$. Average duration of unemployment, weeks (Lg.Lg.Lg) l $ Unemployment1 rate, 15 weeks and over, percent (Lg,Lg,Lg) $. 128040 119306 128334 119692 128 108 119568 128580 119941 128662 120 332 128898 120661 130667 121 971 130776 122258 130580 122037 130747 122338 130774 122 872 130248 122430 130457 122452 584 51 8 770 585 51 6 767 584 51 2 770 586 51 1 768 587 51 2 768 589 509 770 593 533 769 595 524 768 593 523 767 592 540 767 593 53 1 762 589 537 764 590 525 41 4 41 399 41 5 41 371 41 5 42 370 41 6 43 354 41 7 44 336 41 7 44 313 41 7 45 360 41 3 45 338 421 47 327 422 48 344 421 '47 371 420 46 348 '41 9 '46 345 128 056 119 187 128 102 119370 51.5 770 585 51 5 41 4 41 365 41 3 41 383 76.9 584 101 .344 98 .329 77.0 101 103 101 106 .344 ,355 .352 .365 107 .382 110 105 .397 .359 115 .402 117 116 .407 .410 121 '117 .456 '.445 204.76 204.27 204.90 205.58 204.88 206.15 206.18 206.89 207.96 205.56 208.41 209.56 '210.47 '209.83 '210.05 116,232 116,156 116,327 116,687 116,475 116,920 117,218 117,565 118,639 118,867 118,611 118,880 119,437 119,195 119,173 110,525 110,372 110,628 .110,714 110,923 111,112 111,366 111,610 111,711 111,919 112,298 112,699 112,951 ' 11 3,307 P 113,566 562 595 23,256 51 1 588 57.9 500 588 23,207 567 54.5 574 608 23,245 61 0 628 23,281 574 636 23,298 566 670 23,328 583 659 23,327 629 ''685 23,395 625 P663 23,506 23,225 23,232 59.7 23,206 r '563 r 23,51 9 r pQ22 23,564 '586 '23,592 61.6 61.6 61.6 61.8 61.6 61.8 61.9 62.0 62.2 62.3 62.2 62.3 62.5 62.2 62.2 8,734 6.8 2.6 8,869 6.9 2.7 8,732 6.8 2.7 8,642 6.7 2.6 8,540 6.7 2.6 8,639 6.7 2.6 8,330 6.5 2.6 8,237 6.4 2.5 8,696 6.7 2.5 8,518 6.5 2.6 8,543 6.5 2.6 8,408 6.4 2.5 7,902 6.0 2.5 7,817 6.0 2.5 8,005 6.1 2.5 18.1 17.8 17.9 18.3 18.4 18.4 18.9 18.2 18.3 18.7 19.2 19.1 19.6 18.3 19.2 2.4 2.4 2.3 2.3 2.4 2.4 2.3 2.2 2.3 2.4 2.4 2.3 2.1 2.1 2.2 3. OUTPUT, PRODUCTION, AND CAPACITY UTILIZATION 55* 50 49 47* 734 744 75* 124 82* Output: Gross domestic product, bil. 1987$, AR (C.C.C) Percent change from previous quarter AR Gross national product bil. 1987$ AR (CCC) Value of domestic goods output bil. 1987$, AR (C,C,C) Industrial production indexes, 1987*100: Total (C C C) Durable manufactures (C.C.C) Nondurable manufactures (C L L) Consumer goods (CLC) Capacity utilization rates (percent): Total industry (L,C,U) Manufacturing (L,C U) 5139.4 27 5 148.4 2,078.2 5,134.5 31 51403 2,081.8 5,218.0 63 5,218.7 2,135.5 5261.1 33 5 262.7 2,168.8 ' 5,310.2 r 38 '5,308.3 r 2,200.7 111 9 116.2 1128 114.0 120.1 1146 1150 118.0 120.4 120.9 115.9 121.7 1088 1091 1097 1096 1101 1117 108.6 111.3 115.0 108.5 108.5 109.2 109.7 110.1 110.9 111.6 111.9 81.4 80.3 81.4 80.4 81.7 80.8 82.2 81.5 82.9 82.3 83.2 82.2 83.3 82.4 83.8 83.0 2.05 1109 1104 1109 114.3 113.0 113.7 111.1 113.9 1086 1089 1091 1092 108.8 108.1 108.9 81.5 80.6 81.1 80.1 81.3 80.3 r 116.0 122.5 111 8 r 111.2 r 1163 M169 122.5 '1127 '111.3 122.6 '1129 r 112.3 r 83.1 '83.7 '83.1 -1.96 -1.41 .35 -1.02 55.1 57.6 r 83.7 r P1172 ' 123.3 M131 ' 112.7 '83.0 '83.9 '83.1 '-.63 '1.03 '-.18 '-2.33 '-.20 60.7 59.7 83.9 4. SALES, ORDERS, AND DELIVERIES 924 324 Change from previous month bii. 1987$ Change from previous month, bil. 1987$, smoothed (L,L,L)f. Vendor performance, slower deliveries diffusion index, percent (L,L,L). -2.88 -2.87 -3.41 -3.35 -1.29 -3.30 -2,40 -3.15 -4.40 -3.23 -1.97 -3.10 -2.26 -2.92 -3.51 -2.89 -2.21 -1.26 -1.68 51.6 50.2 50.0 51.3 50.9 50.7 50.7 51.7 55.0 58.8 '.15 57.3 5. FIXED CAPITAL INVESTMENT 124 134 10 204 274 94 61 1004 694 Formation of business enterprises: Index of net business formation, 1967=100 (L,L,L) Number of new business incorporations (L,L,L) Business investment commitments: Contracts and orders for plant and equipment, bil.$ (L.L.L). Contracts and orders for plant and equipment, bil. 1987$ (L,L,L)§. Mfrs.' new orders, nondefense capital goods, bil. 1987$ (L,L,L)§. Construction contracts awarded for commercial and industrial buildings, mil. sq. ft. (L.C.U)©4. Business investment expenditures: New plant and equipment expenditures by business, bil.$, AR (C,Lg,Lg)*. New plant and equipment expenditures by business, bil. 1987$, AR(C,Lg,Lg)*. Mfrs.' machinery and equipment sales and business construction expenditures, bil.$, AR (C.Lg.Lg). NoTE.-The foil April 1993-BCI-91 (17J). See page C-6 for other footnotes. '125.1 60,680 '125.4 '58,992 121.1 707,413 120.8 60,422 120.7 58,387 121.1 58,209 122.3 63,758 119.2 55,294 123.5 61,739 125.3 61,873 429.75 38.44 '34.74 35.63 34.94 36.56 38.78 38.84 40.91 40.72 41.12 39.41 '39.69 '42.06 '40.43 444.42 '38.67 '36.14 '37.00 '36.48 '38.48 '41.33 '40.82 '42.06 '42.18 '43.49 '42.02 '42.08 '44.20 '43.07 401.86 '34.68 '32.10 '33.87 '33.09 '35.28 '37.99 '37.60 '38.43 '38.50 '39.27 '38.98 '38.54 '40.88 '39.42 535.60 43.43 47.58 44.44 45.34 46.74 47.15 52.36 52.76 49.34 61.83 50.96 53.48 51.96 62.47 125.2 61,978 '127.5 64,119 '124.8 585.64 594.11 604.51 619.11 "63714 555.70 565.28 576.82 589.63 a 462.79 461.01 440.76 467.15 1993: July 1991-BCI-92 change (6.72), and 461.86 467.11 489.94 511.08 480.27 491.54 503.68 499.28 '123.6 607 81 '504.10 '517.30 '123.4 August 1994 « SURVEY OF CURRENT BUSINESS Series no. Series title and timing classification Year 1994 1993 June | July 1993 Aug. | Sept C-3 Oct | Nov. | Dec. Jan. | Feb. | Mar. | Apr. | May June July 5. FIXED CAPITAL INVESTMENT-Continued 76* 86 * 87* 88* 28* 29* 89* Business investment expenditures—Continued: Index of industrial production, business equipment, 1987=100 (C.Lg.U). Gross private nonresidential fixed investment, bil. 1987$, AR: Total (C Lg C) Structures (Lg Lg Lg) Producers' durable equipment (C Lg C) Residential construction and investment: New private housing units started, thous., AR (L,L,L) Index of new private housing units authorized by local building permits, 1967-1 00 (L.L.L). Gross private residential fixed investment bil 1987$ AR (L,L,L). 134.6 133.9 134.6 137.7 136.3 134.8 141.8 142.9 627.2 597.9 591.6 139.7 145.0 1475 1487 1441 450.3 478.5 499.4 1,238 1,245 1,319 96.3 89.5 93.2 98.4 1,359 100.9 1,409 103.5 1,612 117.5 1,271 104.6 2245 211 0 2130 1,406 108.7 '146.3 1,328 99.8 r 146.7 r 147.3 P 147.9 1,351 104.9 * 1,415 106.6 r 643.6 1477 443.9 1,288 145.5 r 657.9 1507 507.3 r 1,519 104.7 1,471 110.0 ' 1,491 108.2 r 2299 234,0 6. INVENTORIES AND INVENTORY INVESTMENT 70 77* inventories on hand: Mfg. and trade inventories, bil. 1987$ (Lg,Lg,Lg)0 Ratio, mfg. and trade inventories to sales in 1987$ 30* 31 * Inventory investment: Change in business inventories bil. 1987$ AR (LLL) ... Change in mfg. and trade inventories, bil.$, AR (L,L,L) .. (Lg.Lg.Lg). 801.57 797.87 798.91 799.28 802.34 801.82 801.57 802.70 805.34 804.03 1.54 1.55 1.56 1.54 1.54 1.53 1.52 1.50 1.51 1.50 1.47 1.49 r 23.7 22.9 14.7 10.8 55.3 -13.6 25.3 25.4 49.8 -19.8 57.6 98.55 .90 99.48 .94 -.32 -.05 153 23.8 '12.0 130 8.3 803.66 ' 805.63 1.50 P 813.94 ^1.49 56.3 122.4 M1.3 '812.37 r r 7. PRICES 99* 98 23* 336 337 * 334 * 333 • 332 • 331 • 311 * • 320 323 • * 120* Sensitive commodity prices: Index of sensitive materials prices, 1987*100 Percent change from previous month Percent change from previous month, smoothed (L,L,L)t. Index of producer prices for sensitive crude and intermediate materials, 1987=100 (L,L,L). Cattle hides Lumber and wood products ... Wastepaper news Wastepaper mixed NSA Wastepaper corrugated Iron and steel scrap Copper base scrap Aluminum base scrap Other nonferrous scrap, n.e.c., NSA Sand gravel and crushed stone Raw cotton Domestic apparel wool Index of spot market prices, raw industrial materials, 1967=100, NSA (U.L.L)©1* CoDDer scrao $ oer Ib © Lead scrap $ per Ib. © Steel scrap $ per ton © T i n $ p e r l b NSA© Zinc, $ per Ib., NSA© Burlap I per yd NSA© Cotton, $ per Ib.© Print cloth $ per yd NSA© Wool tops $ per Ib. NSA© Hides $ per Ib. NSA© Rosin $ per 100 Ib. © Rubber, $ per Ib. © Tallow $ per Ib © . Producer Price Indexes: Finished goods 1982*100 Percent change over 1 -month span Percent change over 6-month span, AR Finished goods less foods and energy, 1982-100 Percent change over 1 -month span Percent change over 6-month span AR Finished consumer goods 1982=100 Percent change over 1 -month span Percent change over 6-month span AR Capital equipment 1982=100 Percent change over 1 -month span Percent change over 6-month span, AR Intermediate materials, supplies, and components, 1982-100. Percent change over 1 -month span Percent change over 6-month span, AR Crude materials for further processing, 1982-100 Percent change over 1 -month span Percent change over 6-month span AR Fixed-weighted price index, gross domestic business product, 1987=100. Percent change from previous quarter AR Consumer Price Indexes for all urban consumers: All items 1982-84*100 NSA Percent change over 1 -month span Percent change over 6-month span AR All items less food and energy 1982-84*100 Percent change over 1 -month span Percent change over 6-month span, AR Services 1982-84-100 Percent change from previous month, AR Percent change from previous month, AR, smoothed (Lg,Lg,Lg)f. 99.58 99.15 98.88 98.03 97.67 -.03 -.26 -.16 -.43 -.27 -.43 -.86 -.48 -.37 -.50 161.79 159.63 160.26 159.54 161.13 165.78 18Q.4 174.1 100.6 181.1 170.7 179.7 172.1 185.9 174.4 184.4 177.7 97.2 102.8 140.2 179.1 133.8 130.6 115.0 133.7 94.0 80.8 93.5 80.4 142.3 172.8 136.2 129.3 113.8 134.0 176.8 172.0 104.0 107.4 140.6 170.4 135.4 126.6 113.3 133.3 139.4 170.0 130.2 127.5 113.5 133.8 92.2 56.5 84.7 55.2 85.5 53.4 260.4 257.1 257.2 90.2 .702 .139 .693 .144 .672 .140 115.553 3.494 112.183 3.482 119.654 3.395 .484 .247 .556 .677 .467 .245 .502 .644 3.339 3.400 .470 .245 .509 .640 3.400 101.38 .88 .52 103.25 '.81 1.75 3.77 .85 '104.31 '1.03 '1.07 105.15 .26 '1.16 '1.30 '1.71 4.17 2.28 169.43 172.15 174.01 173.02 '173.22 169.88 167.85 171.29 174.86 185.2 181.3 182.6 183.8 181.8 186.5 94.0 79.3 91.1 74.2 88.0 72.3 185.6 174.0 103.8 138.9 171.2 125.1 125.6 107.5 134.8 139.0 190.7 119.0 128.7 100.7 136.3 139.9 202.5 117.3 128.1 85.7 54.9 90.5 51.7 95.9 53.1 97.9 56.8 141.2 207.4 123.2 129.6 102.4 136,2 104.3 139.9 203.0 128.2 132.0 106.5 137.2 114.8 178.1 '181.7 '100.2 '72.4 195.0 '201.4 '137.4 '146.5 '119.1 136.9 121.4 181.2 177.0 94.2 80.2 176.4 181.8 101.1 191.1 177.6 116.6 170.2 361.4 169.0 160.9 160.2 131.1 137.3 121.0 203.1 176.9 208.9 302.1 477.2 175.9 161.4 172.5 139.1 138.0 107.4 255.5 253.1 255.6 258.1 .654 .134 114.042 3.294 .451 .240 .513 .688 3.400 .792 .445 .241 .547 .700 3.400 1.03 1.84 75.0 157.6 205.8 135.1 141.7 115.4 136.9 124.6 56.7 63.2 69.3 80.2 86.4 83.5 85.0 275.2 279.1 280.9 288.0 290.9 299.5 .572 .123 .644 .124 .696 .128 .717 .131 .747 .130 138.940 3.225 140.435 3.286 139.625 3.324 140.201 3.598 138.530 3.621 .459 .247 .571 .700 .466 .256 .607 .750 .492 .265 .644 .750 .496 .269 .703 .750 .483 .273 .753 .750 3.500 3.500 3.750 .467 .275 .726 .750 3.900 .799 .774 .762 .805 .815 .808 .798 .756 .746 .788 60.000 60.000 59.940 59.940 59.118 56.112 56.225 55.944 55.944 55.944 .450 .147 .440 .148 .437 .148 .441 .146 .447 .142 .442 .140 .448 .138 .446 .143 .448 .152 .447 .156 124.7 0 .2 135.8 0 .3 123.0 0 -.2 131.4 .2 1.8 116.2 125.1 -.5 125.1 0 124.1 -.8 124.3 .2 -2.4 -2.2 -1.4 136.4 -.3 136.6 .1 135.1 -2.5 -1.1 -2.2 135.2 .1 -1.3 123.5 -.6 123.4 -.1 122.1 11 122.3 .2 124.2 -.1 -.8 134.8 -.3 -.6 122.3 0 -2.1 -3.2 -2.9 -2.3 -1.6 131.2 -.1 1.4 116.3 131.6 .3 .2 116.3 131.8 .2 .8 116.3 131.9 .1 1.2 116.3 131.4 -.4 2.0 116.4 124.3 .1 1.6 135.3 .4 1.8 122.4 .1 1.5 131.8 .3 2.0 116.6 124.2 -1.3 124.6 .3 1.8 136.2 .5 2.8 122.4 .2 1.1 132.9 .7 4.0 116.4 125.1 .4 1.5 136.3 .1 3.0 123.0 .5 .5 133.1 .2 4.1 116.9 .1 1.0 102.4 0 .9 124.0 0 0 103.6 0 -.3 101.5 -3.4 -3.4 .1 .2 103.7 2.2 4.0 .2 1.0 103.4 -.3 2.6 .1 1.2 103.5 1.7 -.4 .4 1.2 102.1 -2.0 0 0 101.5 .7 -.3 1.4 101.8 -1.5 0 .5 100.8 -.7 6 1.4 124.3 144.4 .1 2.2 152.3 .2 2.7 157.8 3.9 4.1 144.4 .1 2.2 152.6 .2 2.5 158.2 3.1 4.0 144.8 .3 2.4 153.0 .3 2.8 158.7 3.9 3.9 _ 4 'i!e 135.5 .1 '1.9 122.1 -.2 '1.3 132.0 .2 '2.3 116.3 -1.5 '3.8 2.4 145.1 .1 2.6 153.1 .1 2.8 159.1 3.1 3.7 145.7 .3 2.4 153.5 .3 2.6 159.5 3.1 3.6 145.8 .3 2.4 154.1 .4 2.6 160.0 3.8 3.5 -1.4 -2.7 .876 .128 .917 .129 .895 .157 135.827 3.630 125.098 3.730 113.198 3.713 117.992 3.620 .461 .275 .724 .772 .478 .275 .752 .860 .484 .275 .705 .890 .490 .275 .673 .890 .744 .128 3.950 .845 146.2 0 2.5 154.6 .1 3.0 160.6 .8 3.1 146.7 .3 2.3 155.0 .3 2.9 161.3 5.4 3.2 .873 4.000 .886 4.000 .906 56.000 56.000 .512 .145 .518 .157 .557 .164 .627 .173 '125.3 .2 1.6 '136.5 '.1 2.5 '123.1 '.1 1.0 '133.4 '.2 4.0 117.1 125.3 '0 1.9 136.7 .1 1.6 123.0 125.2 -.1 125.2 0 125.8 .5 137.3 .4 137.2 -.1 137.3 .1 122.7 -.2 122.7 0 123.4 .6 134.5 .4 134.6 .1 134.8 .1 117.3 117.7 118.3 .2 2.4 '103.4 0 3.3 103.5 '.1 .493 .155 '1.3 2.2 '-.1 1.6 134.0 .4 2.9 117.1 56.000 g .5 102.9 .9 102.0 -.9 147.5 .2 148.0 .3 148.4 .3 156.3 .3 156.7 .3 157.0 .2 162.5 1.5 3.3 162.8 2.2 3.0 163.3 3.7 2.9 102.0 -1.4 -2.9 1267 26 2.8 145.8 .2 2.9 154.4 .2 3.2 160.5 3.8 3.5 3.910 55.888 125.9 1250 18 2.8 144.5 .2 2.6 152.2 .3 3.0 157.9 3.8 3.8 -1.3 83.0 242.4 184.1 144.1 151.2 122.5 136.9 122.2 115.65 268.8 .578 .118 3.600 194.4 195.3 136.9 150.1 120.9 137.5 120.4 111.02 58.1 127.351 3.189 3.450 99.4 78.8 106.99 263.7 59.238 NOTE—The following current high values were reached before June 1993: July 1991—BCI-120 change (5.9); December 1991-BCI-77 (1.66); and January 1992—BCI-120 smoothed (4.2). See page C-6 for other footnotes. .611 .123 110.402 3.095 98.5 135.7 100.50 147.2 .3 2.5 155.5 .3 3.0 162.0 5.3 3.6 147.4 .1 3.2 155.8 .2 3.1 162.3 2.2 3.6 SURVEY OF CURRENT BUSINESS C-4 • August 1994 Series no. 1993 Year Series title and timing classification 1993 June Aug. July Sept. 1994 Nov. Oct Dec. Jan. | Feb. Mar. Apr. May June | July 8. PROFITS AND CASH FLOW 16* 18* 22* 81 • 26* 35 Profits and profit margins: Corporate profits after tax bil $ AR (L L L) .. . Corporate profits after tax bil. 1987$ AR (LL.L) Ratio, corporate domestic profits after tax to corporate domestic income, percent (L.L.L). Ratio, corporate domestic profits after tax with IVA and CCAdj to corporate domestic income, percent(U,L,L). Ratio, implicit price deflator to unit labor cost, all persons, nonfarm business sector.1 982*1 00 (L,L,L)§. Corporate net cash flow bil. 1987$ AR (LLL) 2892 245.1 7.4 2889 2448 7.3 8.2 8.4 r 103.7 4947 3102 2994 2649 8.0 2531 9.0 r 103.7 r 1045 5249 4996 "3216 "2718 7.6 "8.1 8.4 "8.9 104.1 P 104.6 5271 "5345 162.1 "162.5 9. WAGES, LABOR COSTS, AND PRODUCTIVITY Wages and compensation: Index of average hourly compensation, all employees, nonfarm business sector, 1982-1 00 §. Percent change from previous quarter AR § . . index of real average hourly compensation, all 346 employees, nonfarm business sector, 1982-100 §. Percent change from previous quarter AR § 53* Wages and salaries in mining, mfg., and construction, bil. 1987$, AR(C,C,C). Unit labor costs: Index of unit labor cost, ail persons, business sector 63 1982-100 {Lg,Lg,Lg)§. Index of labor cost per unit of output, mfg., 1987-100 ... Percent change from previous month, AR Percent change from previous month, AR, smoothed 62* (Lg,Lg,Lg)t. Productivity: 370 Index of output per hour all persons business sector 1982-1 00 §. $ Percent change over 1-quarter span AR§ Percent change over 4-quarter span AR § ^ Index of output per hour all persons nonfarm business 358 sector, 1982-1 00 §. 345 r 158.3 r r r 603.4 603.5 606.0 606.9 606.1 r 137.4 111.6 0 -.8 111.7 2.2 .1 111.5 -1.1 -.5 112.0 3.3 .9 r 16 23 r 1155 r 110.2 -5.2 -5.3 -8.3 -2.1 -.5 110.5 3.3 -2.8 -2.4 r r 5.7 r 31 115.8 r "26 117.2 r 613.1 615.0 109.7 '109.3 r -4.3 '-3.4 "-1.9 614.6 r ' 61 5.8 "615.5 '109.0 r "108.8 "-2.2 "-3.0 P 138.0 137.4 110.2 0 1191 3.4 106.6 612.9 r 111.0 r 610.4 136.3 .5 P 8 "106.1 5.7 '3.5 608.5 111.5 M174 1173 r 24 105.7 '-.6 1.1 602.2 136.9 111.3 -25 -.9 30 105.9 r 159.9 r 33 105.7 3 599.8 r 159.0 -8.4 -2.9 ' 109.0 r -3.2 '-3.7 r o -3.4 "119.5 119.9 '2.9 "-1.4 118.0 P 117.6 10. PERSONAL INCOME AND CONSUMER ATTITUDES 52 51 * 58 83* 122 123* Personal income: Personal income, bil. 1987$, AR (C.C.C) Personal income less transfer payments, bil. 1987$, AR (C.C.C). Indexes of consumer attitudes: Consumer sentiment, U. of Michigan, 1966:1-100, NSA (L.L.L)©1. Consumer expectations, U. of Michigan, 1966:1-100, NSAfl-.U.)©1. Consumer confidence, The Conference Board, 1985=100 (L,L,L)*. Consumer expectations, The Conference Board, 1985-100 (L.L.L)*. 4,246.4 4,238.0 3,523.2 . 3,514.8 82.8 72.8 4,230.7 3,506.0 81.5 77.0 70.4 64.7 4,270.8 3,543.1 77.3 65.8 r 4,381.4 '4,387.7 '3,638.1 '3,645.3 4,268.2 3,539.6 4,284.7 3,556.1 4,300.2 3,571.8 4,323.4 3,589.3 77.9 82.7 81.2 88.2 94.3 93.2 91.5 92.6 92.8 91.2 89.0 66.8 72.5 78.8 86.4 83.5 85.1 82.6 84.2 82.7 78.5 92.1 88.9 92.5 91.3 95.4 93.6 94.6 91.9 70.3 4,307.9 3,566.9 4,359.7 3,618.9 4,370.6 3,629.0 65.9 58.6 59.2 59.3 63.8 60.5 71.9 79.8 82.6 79.9 86.7 77.4 69.6 66.8 66.8 72.8 66.7 80.3 91.8 92.6 84.4 92.6 '4,383.1 "4,389.3 '3,640.2 "3,645.6 11. SAVING 290 295 292 298* 293 * Gross saving bil $ AR Business saving bil.$ AR Personal saving, bil.$, AR Government surplus or deficit bil $ AR Psrsonal saving rate percent , 7875 789.9 192.6 7889 807.6 182.3 -201 0 3.9 2150 4 -j 886.2 861.8 175.5 -151.1 3.6 8258 821.9 189.4 -1856 4.0 "914.3 "842.3 '191.3 "-11 9.3 '3.9 12. MONEY, CREDIT, INTEREST RATES, AND STOCK PRICES 85* 102* 105 106* 107 108 93 94 112* 113* 111 110 * 14 39 Money: Percent change in money supply M1 (L.L.L)* Percent change in money supply M2 (L,C,U) .... Money supply M1 bil 1987$ (LLL) Money supply M2 bil. 1987$ (LLL) Velocity of money: Ratio gross domestic product to money suppy M1 (C,C,C). Ratio, personal income to money supply M2 (C.Lg.C) .... Bank reserves: Free reserves mil.$, NSA (L.U.U) $ Member bank Borrowings from the Federal Reserve, mil.$, NSA (L,Lg,U). Credit flows: Net change in business loans, bil.$, AR (L.L.L) Net change in consumer installment credit, bil.$, AR (L.L.L). Percent change in business and consumer credit outstanding, AR (L.L.L). Funds raised by private nonfinancial borrowers in credit markets, mil.$, AR (L,L,L). Credit difficulties: Current liabilities of business failures, mil.$, NSA Percent of consumer installment loans delinquent 30 days and over (L,L,L)©20|. .81 .14 8489 2 774.9 .78 .07 859.1 '2,773.4 .81 .53 .35 .21 874.1 876.8 2,772.8 '2,772.3 ".64 '-.11 '.16 '.31 .45 .33 .45 -.11 '.09 '.40 '.23 '-.20 ".39 .15 '879.8 "882.7 882.6 882.8 '880.5 '880.5 880.7 '2,776.4 '2,767.0 '2,769.3 '2,771.5 '2,767.7 '2,755.7 "2,755.9 .95 .14 8544 2,778.1 1.524 1.519 1.516 1.532 1.528 1.537 1.540 1.546 1.535 1.562 1.565 '1.569 901 180 730 181 845 244 600 352 662 428 804 285 1,012 89 981 82 1,375 73 1,070 70 912 55 1,027 124 58.39 65.68 2.05 -.43 55.22 118.67 -22.73 86.10 -2.98 92.29 -21.72 103.94 '39.56 64.07 '-34.12 58.50 '-21.98 136.63 '35.99 121.38 2.15 1Z50 65.64 63.73 383,914 1.77 489,428 2,738.0 2.06 r 5.777 5.804 5880 47,554.7 r 2.08 2.03 432,628 1.95 1.93 1.86 '5.847 5.776 '1.573 '1.578 "1.581 '715 '772 649 458 200 333 '70.93 '137.52 '49.48 "130.63 "60.94 "431,692 '5,552.7 "7,382.0 "3,062.6 "2,222.1 "2,991.0 "2,552.3 NoiE.-The following current high values were reached before June 1993: May 1991-BCI-106 (2,865.8); July 1991-BCI-93 (345); August 1991-BCI-94 (764); October 1992-BCI-62 smoothed (3.0) and BCI-111 (3.0); December 1992-BCI-51 (3,706.5), BCI-52 (4,412.0), BCI-53 (664.2), BCI-62 index (113.3), BCI-62 change (16.1), BCI- .75 .89 .23 .10 866.1 869.8 2,777. 7 '2,771.9 ,83 .19 8477 2,778.5 1.77 "1,736.4 "2,141.3 "2,166.0 "1,688.7 "2,565.0 "2,328.6 "2,111.7 1.98 1.87 1.74 83 (89.5), and BCI-123 (103.9); and May 1993-BCI-85 (1.97) and BCI-1Q2 (0.68). See page C-6 for other footnotes. SURVEY OF CURRENT BUSINESS Series no. August 1994 • 1994 1993 Year Series title and timing classification June 1993 Aug. July C-5 Sept | Oet | Nov. j Jan. Dec. Feb. Mar. Apr. 817,173 827,288 May June | July 12. MONEY, CREDIT, INTEREST RATES, AND STOCK PRICES-Continued 66 72 101 * 954 119$ 114* 116* 115* 117 118 109* 19* Outstanding debt: Consumer installment credit outstanding, mi!.$ (Lg,Lg,Lg)0. Commercial and industrial loans outstanding, mil.$, (Lg.Lg.La). Commercial and industrial loans outstanding, mil. 1987$ (Lg.Lg.Lg). Ratio consumer installment credit outstanding to personal income, percent (Lg.Lg.Lg). Interest rates (percent, NSA): Federal funds rate (L Lg Lg)* .... Discount rate on new 91 -day Treasury bills (C.Lg.Lg)* ... Yield on new high-grade corporate bonds (Lg.Lg.Lg)* Yield on long-term Treasury bonds (C.Lg.Lg)* Yield on municipal bonds, 20-bond average (U.Lg.Lg)* ... Secondary market yields on FHA mortgages (Lg.Lg.Lg) . Average prime rate charged by banks (Lg.Lg.Lg)* Index of stock prices, 500 common stocks, 1941-43*10, NSA (L.L.L)*. 800,912 805,787 r 838,748 '849,634 795,573 752,081 757,554 762,156 772,045 779,220 786,911 795,573 429,487 429,942 434,808 434,979 434,943 433.049 432,801 430,991 r 434,288 r 431, 445 ' 429,61 3 ' 432,612 '•438,623 r 442,646 '447,724 371,343 370,002 375,158 376,605 376,574 373,963 374,072 373,476 r 375.033 r 371 ,935 r r 378,007 '381,691 1413 1403 14 14 1407 1425 1429 1^35 1442 1460 1445 1457 1468 3.02 3.02 7.34 6.46 5.60 7.46 6.00 3.04 3.10 7.48 6.55 5.63 7.52 6.00 3.06 3.05 7.35 6.34 5.57 7.51 6.00 3.03 3.05 7.04 6.18 5.45 7.02 6.00 3.09 2.96 6.88 5.94 5.29 7.03 6.00 2.99 3.04 6.88 5.90 5.25 7.08 6.00 2.96 3.08 7.22 6.27 5.35 7.52 6.00 3.05 3.02 7.16 6.24 5.31 7.05 6.00 3.25 3.21 7.27 6.44 5.40 7.59 6.00 3.34 3.52 7.64 6.90 5.91 8.57 6.06 3.56 3.74 7.95 7.32 6.23 8.63 6.45 454.13 459.24 462.89 465.95 472.99 471.58 463.81 447.23 450.90 454.83 451.40 9343 6,136 10064 4,902 7314 8834 "7,180 '68.5 '14601 '7,024 '68.0 '5,873 '67.1 451.41 448.06 447.29 76,649 10169 5,788 9656 7,231 302 3.12 7.17 6.25 5.47 7.51 6.00 463.90 369,083 r 371, 341 '"376,092 r 1483 4.01 4.19 8.17 7.47 6.19 8.63 6.99 '1500 4.25 4.18 8.16 7.43 6.11 9.03 7.25 4.26 4.39 8.30 7.61 6.23 8.65 7.25 13. NATIONAL DEFENSE 525 548 557 570 564* Defense Department prime contract awards mil $ Manufacturers' new orders, defense products, mil.$ Index of industrial production, defense and space equipment, 1987-100. Employment, defense products industries, thous Federal Government purchases national defense bil.$ AR 74.8 11 785 6,598 74.9 74.6 74.0 961 302.7 965 954 944 2990 465 091 41 940 99787 580,659 50,455 79399 456,866 589 441 -132,575 37947 r 3566 8094 49319 r 4,677 6699 5,304 5,172 5,239 10247 7,738 73.7 72.7 72.5 71.5 71.0 69.9 940 933 923 910 901 895 291.7 892 887 41 657 3768 8975 49 439 3,371 6849 39247 3497 8435 50,097 2,981 38106 42808 3118 3412 8363 50,178 3,960 9096 52,391 4,162 7258 41 089 3326 9009 53,134 3,997 7546 11 359 6,446 2991 69.9 6,280 '69.8 883 290.7 '876 41 103 3685 42799 9198 9329 55,970 4,606 7842 r 14. EXPORTS AND IMPORTS 602 604 606 612 614 616 618* 620* 622 Exports excluding military aid shipments, mil.$ Exports of domestic agricultural products mil $ Exports of nonelectrical machinery mil $ . .. General imports mil.$ Imports of petroleum and petroleum products, mil.$ Imports of automobiles and parts mil $ Merchandise exports, adjusted, excluding military, mil.$ l .... Merchandise imports adjusted excluding military mil $ J Balance on merchandise trade, mil.!1 37199 3428 8153 47993 4,323 5983 38131 3401 8529 48182 3,757 6555 111,736 148224 -36,488 38610 3550 40019 8301 8279 50,849 3,936 49,224 3,698 6736 3521 6871 40084 3509 8660 49979 3,729 6748 119,679 152848 -33169 6134 6713 r r 53,988 3,863 7300 3718 '118,012 '154977 '-36,965 15. INTERNATIONAL COMPARISONS 47* 721 * 728* 725* 726* 722* 727* 723* 320 + 738 735 • 736 * 732 * « 737 733 * • 19* 748* 745* 746* 742* 747* 743* 750* 758* 755* 756* 752* 757* 753* Industrial production indexes (1987-100): United States OECD European countries2 japan Federal Republic of Germany France United Kingdom Italy . .. Canada Consumer price indexes (1982-84-100): United States NSA Percent change over 6-month span Japan, NSA Percent change over 6-month span, Federal Republic of Germany NSA Percent change over 6-month span, France, NSA Percent change over 6-month span United Kingdom NSA Percent change over 6-month span, Italy, NSA Percent change over 6-month span, Canada, NSA Percent change over 6-month span, Stock price indexes (1967-100, NSA): United States* Japan* Federal Republic of Germany* France* United Kinadom* 110.9 107 111.7 1059 107 106 104 '1057 110.9 107 H1 1 106 107 105 '1069 103.2 1037 1445 2.6 118.5 1.1 125.6 3.5 1435 1434 107 107 105 AR AR AR AR 1.9 1653 AR AR AR ...... ST. _.::::::::::::::::::": : :::: • Canada* .... Exchange rates: Exchange value of U.S. dollar, index: March 1973=100, NSAX Foreign currency per U.S. dollar (NSA): Japan (yen)* Federal Republic of Germany (d. mark)* France (franc)* United Kingdom (pound)* . Italy (lira)* Canada (dollar)* 1.9 186.3 4.2 147.9 1.1 r 110.4 106 112 1 r r 111.1 '108 1110 r 111 3 r 108 1114 r 111.9 r 108 1081 1128 r 108 1097 107 107 107 108 107 105 r 1088 108 107 105 r 1045 107 106 107 r 1066 1027 1035 1044 104.4 '1066 1052 1444 1444 1448 145 1 1457 1458 22 118.5 2.0 22 ?4 26 24 118.8 119.2 1193 119.2 1257 1260 2.9 13 1657 2.3 1863 4.8 1476 2.1 491.0 1 381 4 312.2 9702 1 3750 5752 441 1 4874 1 4629 2934 9077 1 341 0 5600 4482 93.18 91.81 1.0 1.0 .5 -.2 1261 1264 2.7 2.9 2.7 2.9 1435 15 1653 1435 17 1660 1440 18 1667 1443 2.3 2.0 2.6 2.4 187.0 1872 1874 1260 1.5 1666 188.6 4.7 4.5 1480 1481 1.9 2.2 2.6 1.5 4940 4996 1 5064 3229 5046 1 4906 3379 1 0472 1 4402 4866 1 4689 1 5104 311 6 3254 9545 1 3253 580'o 4483 1 021 3 94.59 94.32 1 4057 6344 4675 3.9 1482 3.9 1484 24 1185 —5 1267 34 1444 18 1664 114.6 115.0 1090 107 106 106 '1095 1090 105 107 107 107 107 108 1051 1047 1048 1051 1458 1462 107 109 '116.0 111 '1137 '1111 108 107 '110 115.9 1068 1046 '108 1063 1060 1107 1074 1467 1472 1474 1475 1480 119.6 1192 110 109 29 25 23 25 32 1186 118.7 118.7 119.3 1195 .7 .7 .7 1269 1280 1285 1287 r 3.3 1452 17 1674 .7 35 3.5 3.2 1443 17 1667 1445 18 1660 1449 17 1670 1290 2.8 3.1 2.7 23 1906 191 3 191 7 1922 3.3 149 1 -.9 3.5 3.4 3.6 3.6 3.2 1488 -1.6 1488 -1.5 1477 -2.5 1476 -2.3 1476 92.07 93.29 95.47 '111 129 3 '1295 1296 1459 1458 1700 1700 1692 1929 1933 1936 1473 1476 1482 -12 5130 5145 4865 5045 4905 4948 1 3760 1 445 1 1 4669 1 4570 1 4886 1 526 2 3742 3727 3802 3969 3998 3631 *373 1 1 111 5 '1 1458 '1 141 4 ' 1 095 8' 1 072 1 ' 1 075 8 ' 987 1 1 5843 1 5843 1 5206 1 4883 1 4726 1 4099 ' 1 509 1 6227 *7033 8239 757 1 6468 6999 8156 4892 5147 4999 4822 4889 4883 4548 111 08 10741 10769 10702 10557 10377 10788 10991 1.7157 1.6545 1.6547 1.6944 1.6405 1.6219 1.7005 1.7105 5.6669 57541 55700 58464 59298 56724 59069 58477 6662 6687 6656 6630 6705 6558 6753 6706 1 573 41 1 505 05 1 586 02 1 603 75 1 569 10 1 60093 1 666 31 1 687 17 1.2902 12789 1 2820 1 3215 1 3263 1 3080 1 3174 1 3308 96.54 95.79 94.35 1.7426 59207 10630 1.7355 58955 6760 1.6909 57647 6703 '259.6 232.6 '260.1 '234.0 '260.3 237.1 1484 1459 5069 1 3087 95.73 '117.2 28 1456 17 1694 2.2 4809 '116.9 116.3 '111 '110 1 '110 '110 '109 '1106 '1081 109 1895 4509 6172 r 1140 '108 1895 2.4 5035 1 381 9 3457 1 0238 1 4308 5752 4723 1 0071 1 414 1 6331 r 92.79 91.60 10348 1.6984 58170 6746 10375 1.6565 56728 6648 10253 1.6271 55597 6552 '261.5 '237.2 '262.4 239.4 '262.5 '239.5 94.39 491 0 1 4985 372Q '9982 1 426 4 '7403 4722 89.06 9845 1.5674 53702 6701 6465 1 699 45 1 585 gg 1 666 53 1 626 07 1 594 56 1 592 22 1 56231 1 3173 'l 3424 1 3644 1 3808 1 3836 1 3830 1 3826 111 44 10510 16. ALTERNATIVE COMPOSITE INDEXES 990* 991 • 4 CIBCR long-leading composite index, 1967«100 CIBCR short-leading composite index, 1967=100 4 See footnotes on page C-6. 254.9 224.2 '253.7 223.1 '254.4 222.2 '254.7 '223.8 '254.1 226.4 '255.9 226.7 '258.0 229.9 '261.0 230.7 '264.2 '239.2 SURVEY OF CURRENT BUSINESS C-6 • August 1994 FOOTNOTES FOR PAGES Ol THROUGH €-5 a AR c NSA p r * § o Annual rate. Corrected. Copyrighted. Estimated. Later data listed in notes. Not seasonally adjusted. Preliminary. Revised. Graph included for this series. Major revision—see notes. End of period. L.C.Lg.U Cyclical indicator series are classified as L (leading), C (coincident), Lg (lagging), or U (unclassified) at reference cycle peaks, troughs, and overall. Series classifications are shown in parentheses following the series titles, t Cyclical indicator series denoted by $ are inverted (i.e., the sign is reversed) for cyclical analysis calculations, including classifications, contributions to composite indexes, and current high values, t Cyclical indicator series denoted by f are smoothed by an autoregressive-moving-average filter developed by Statistics Canada. For information on composite indexes and other concepts used in this section, see "Business Cycle Indicators: Upcoming Revision of the Composite Indexes" in the October 1993 SURVEY OF CURRENT BUSINESS and 'The Composite Index of Coincident Indicators and Alternative Coincident Indexes" in the June 1992 SURVEY. References to series in this section use the prefix "BCI-" followed by the series number. Unless otherwise noted, series are seasonally adjusted. Percent change data are centered within the spans: 1-month changes are placed in the ending month, 3-month changes are placed in the 3d month, 6-month changes are placed in the 4th month, 1-quarter changes are placed in the ending quarter, and 4-quarter changes are placed in the 3d quarter. Diffusion indexes are defined as the percent of components rising plus one-half of the percent of components unchanged. Diffusion index data are centered within the spans: 1-month indexes are placed in the ending month and 6-month indexes are placed in the 4th month. High values reached by cyclical indicators in the expansion following the last reference cycle trough (March 1991) are shown in boldface type; high values reached prior to the period shown in the table are listed at the bottom of each page. For inverted series, low values are indicated as highs. Sources for series in this section are shown on pages C-30 through C-32 in the April 1994 SURVEY. Page C-1 NOTE.—Major data revisions: Manufacturers' new orders in 1987 dollars, consumer goods and materials (BCI-8)—see note for page C-2. Contracts and orders for plant and equipment in 1987 dollars (BCI-20)—see note for page C-2. * Preliminary August 1994 values: BCI-19 = 462.57 and BCI-109 = 7.46. 1. Data exclude Puerto Rico, which is included in figures published by the source agency. From August 1992 through April 1994, data include initial claims made under the July 1992 Emergency Unemployment Compensation amendments. 2. Copyrighted. This series may not be reproduced without written permission from the University of Michigan, Survey Research Center, P.O. Box 1248, Ann Arbor, Ml 48106-1248. 3. Excludes BCI-57, for which data are not available. 4. Excludes BCl-77 and BCI-95, for which data are not available. 5. Data beginning January 1994 are based on the revised Current Population Survey and are not directly comparable with data for earlier periods. Page C-2 NOTE.—Major data revisions: Manufacturers' new orders in 1987 dollars, consumer goods and materials (BCI-8) and manufacturers' new orders in 1987 dollars, nondefense capital goods (BCI-27) have been revised from 1991 forward to incorporate revisions in the price indexes used as deflators. For further information, contact the U.S. Department of Commerce, Bureau of Economic Analysis, Business Outlook Division, Washington, DC 20230. Contracts and orders for plant and equipment in 1987 dollars (BCI-20) has been revised from 1991 forward to incorporate the revision in BCI-27 (see above) and the revision in the value of construction put in place (see note for page C-2 of the July 1994 SURVEY). For further information, contact the U.S. Department of Commerce, Bureau of Economic Analysis, Business Outlook Division, Washington, DC 20230. * Anticipated 3d quarter 1994 values: BCI-61 = 639.71 and BCMQO = 611.27; anticipated 4th quarter 1994 values: BCI-61 = 640.12 and BCI-100 = 612.68. 1. Data beginning January 1994 are based on the revised Current Population Survey and are not directly comparable with data for earlier periods. 2. Data exclude Puerto Rico, which is included in figures published by the source agency. From August 1992 through April 1994, data include initial claims made under the July 1992 Emergency Unemployment Compensation amendments. 3. Data exclude Puerto Rico, which is included in figures published by the source agency. 4. Copyrighted. This series may not be reproduced without written permission from McGraw-Hill Information Systems Company, F.W. Dodge Division, Paramount Plaza, 13th Floor, 1633 Broadway, New York, NY 10019. Page C-3 * Preliminary August 1994 value: BCI-23 = 304.8. 1. Copyrighted. This series may not be reproduced without written permission from Knight-Ridder Financial Publishing, 30 South Wacker Drive, Suite 1820, Chicago, IL 60606. Page C-4 NOTE—Major data revision: Series on productivity and costs (BCI-26, -63, -345, -346, -358, and -370) have been revised from 1991 forward to incorporate revised output and compensation measures reported in the national income and product accounts (see note for page C-2 of the July 1994 SURVEY) and updated seasonal adjustment factors. For further information, contact the U.S. Department of Labor, Bureau of Labor Statistics, Office of Productivity and Technology, Division of Productivity Research, Washington, DC 20210. * Preliminary August 1994 values: BCI-122 = 89.0, BCI-123 = 88.9, and BCI-85 = 0.20. 1. Copyrighted. This series may not be reproduced without written permission from the University of Michigan, Survey Research Center, P.O. Box 1248, Ann Arbor, Ml 48106-1248. 2. Copyrighted. This series may not be reproduced without written permission from the American Bankers Association, 1120 Connecticut Avenue, NW, Washington, DC 20036. Page C-5 * Preliminary August 1994 values: BCI-119 = 4.39, BCI-114 = 4.50, BCI-116 = 8.26, BCI-115 = 7.55, BCI-117 = 6.21, BCI-109 = 7.46, BCI-19 (1941-43=10) = 462.57, BCI-19 (1967=100) = 503.2, BCI-748 = 1,502.4, BCI-745 = 383.6, BCI-746 = 1,029.2, BCI-742 = 1,492.6, BCI-747 = 721.6, BCI-743 = 480.0, BCI-750 = 89.19, BCI-758 = 99.94, BCI-755 = 1.5625, BCI-756 = 5.3536, BCI-752 = 0.6480, BCI-757 = 1,581.48, and BCI-753 = 1.3797. 1. Balance of payments basis: Excludes transfers under military grants and Department of Defense sales contracts (exports) and Department of Defense purchases (imports). 2. Organisation for Economic Co-operation and Development. 3. This index is the weighted-average exchange value of the U.S. dollar against the currencies of the other G-10 countries plus Switzerland. Each country is weighted by its 1972-76 global trade. For a description of this index, see the August 1978 Federal Reserve Bulletin (p. 700). 4. This index is compiled by the Center for International Business Cycle Research (CIBCR), Graduate School of Business, Columbia University, New York, NY 10027. Notes for Pages C-7 Through C-27 The following notes explain general features of the charts that appear in this section: • Business cycle peaks (P) and troughs (T), as designated by the National Bureau of Economic Research, Inc., are indicated at the top of each chart. The shaded areas represent recessions. • For each series classified as a cyclical indicator, the timing classifications at peaks, at troughs, and overall are shown in a box adjacent to the title. (L = leading, C = coincident, Lg = lagging, U = unclassified.) A complete list of series titles and sources is shown on pages C-30 through C-32 in the April 1994 SURVEY. • Arithmetic scales are designated "Scale A." On the same arithmetic scale, equal vertical distances represent equal differences in data. (For example, the vertical distance from 10 to 15 is the same as the distance from 100 to 105.) » Logarithmic (log) scales are designated L-1, L-2, or L-3 to indicate their relative size. On (For example, the vertical distance from 10 to 15 is the same as the distance from 100 to 150.) Compared with an L-1 scale, the same percentage change covers half the distance on an L-2 scale and one-third the distance on an L-3 scale. • Data are monthly unless otherwise indicated. Quarterly data are indicated by a "Q" following the series title. • Some series include a centered moving average, which is shown as a heavy line superimposed on the actual monthly data. • Parallel lines across a plotted series indicate a missing data value, change in definition, or other significant break in continuity. • The box near the end of each plotted series indicates the latest data month (Arabic numeral) or quarter (Roman numeral) shown or, for series computed over a span of time (diffusion indexes SURVEY OF CURRENT BUSINESS August 1994 • C-7 Composite Indexes Aug. Apr. Apr. Feb. P T P T Jan. July July Nov. PT P T July Mar. P T 1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 931994 NOTE—The numbers and arrows indicate length ol leads (-) and lags (+) in months from business Tycle turning dates. Current data for these series are shown on page C-1 SURVEY OF CURRENT BUSINESS C-8 • Aug Composite Indexes: Rates of Change Aug. Apr. P T Dec. Nov. P T Apr. Feb. P T Jan. July July Nov. PT P T July Mar. P T Pgrc^ihange over3-nionthspanl|nn"glrate siteindexcf 4coi 930c. Coriposit* Composite Indexes: Diffusion xof 11 leadir g indicator c Percent of components rising over 6-month span of 4 coinci lent in icator comoonents 1 1 t-l-t i i i 1 1 mi i i i I i M 1 1 i I i M i 1 1 1 i i i i i 1 1 1 1 i M I rrrt M I N I i i i nnJ i i i 1 1 1 1 1 1 1 i 1 1 i 1 1 1 m 111K j-i i 1 1 1 1 1 i i 1 1 1 1 i M I N I i n I nit 1 1 1 1 1 1 1 in 1 1 i 1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 931994 NOTE.—Current data for these series are shown on page C-1. SURVEY OF CURRENT BUSINESS C-9 Composite Indexes: Leading Index Components Aug. Apr P T Jan. July July Nov. PT P T Apr. Feb. P T July Mar. P T (housa ids—irivertec sc ale Veiidorix rfornu nce^f Jo LLLJJjJ. 1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 931994 NOTE.—Current data for these series are shown on page C-1. C-10 • AUK ist 1994 SURVEY OF CURRENT BUSINESS Composite Indexes: Leading Index Components—Continued Aug. Apr. P T Apr. Feb. P T Jan. July July Nov. PT P T July Mar. P T Michi jan2 (hdex: 1966:1= 1957 58 59 60 61 62 63 64 65 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994 1. This series is smoothed by an autoregressive-moving-average filter developed by Statistics Canada. 2 This is a copyrighted series used by permission, it may not be reproduced without written permission Irom the University of Michigan, Survey Research Center. NOTE.—Current data for these series are shown on page C-1. SURVEY OF CURRENT BUSINESS August 1994 Composite Indexes: Coincident Index Components Aug. Apr. P T Apr. Feb. P T 1957 58 59 60 61 62 63 64 65 66 67 68 NOTE.—Current data for these series are shown on page C-1. Dec. Nov. P T Jan. July July Nov. PT P T July Mar. P T 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 931994 C-ll C-12 • SURVEY OF CURRENT BUSINESS August 1994 Composite Indexes: Lagging Index Components Aug Apr. P T Apr. Feb. P T Dec. Nov. P Jan. July July Nov. PT P T T July Mar. P T Average duntiono unermloyrridnt (wesks—ir % manuf icturm 3 and trade ir ventories to s ales ir n indeK of lat or cost per unit of output, nanufc arge< by ba iks (p< rcent) (outstanding to Price llndex'or !'!j 1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 1. This series is smoothed by an autoregressive-moving-average filter developed by Statistics Canada. NOTE.—Current data for these series are shown on page C-1. 8990 91 92 931994 SURVEY OF CURRENT BUSINESS August 1994 • C-J3 Employment and Unemployment Dec. Nov. P Nov. Mar. P T T Jan. July P T July Mar. P T July P me hours of product on or 46. Help -wanted Jdvertisi ig s-p roducinc industri es (millic n 1966 67 68 69 70 71 72 73 74 75 NOTE.—Current data for these series are shown on page C-2 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994 C-14 • August 1994 SURVEY OF CURRENT BUSINESS Output, Production, and Capacity Utilization nonduratlemanulactures 1966 67 68 69 70 71 72 73 74 75 NOTE.—Current data for these series are shown on page C-2. 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994 SURVEY OF CURRENT BUSINESS C-15 Sales and Orders Wages and Consumer Attitudes 1966 67 68 69 70 71 72 73 74 75 76 NOTE.—Current data for these series are shown on pages C-2 and C-4. 77 78 79 80 81 82 83 84 85 86 87 88 90 91 92 93 1994 C-16 • August 1994 SURVEY OF CURRENT BUSINESS Fixed Capital Investment Dec. Nov. P T 1966 67 68 70 Nov. P 71 72 73 Mar. T 74 75 76 77 78 79 1. This is a copyrighted series used by permission, it may not be reproduced without written permission from McGraw-Hill Information Systems Company, F.W. Dodge Division. July Mar. P T Jan. July July P T P 80 81 82 83 84 85 86 87 88 89 90 91 NOTE.—Current data for these series are shown on page C-2. 92 93 1994 SURVEY OF CURRENT BUSINESS August 1994 • C-17 Fixed Capital Investment—Continued Jan. July July P T P 1966 67 68 69 70 71 72 73 74 75 76 1. Dotted line represents anticipated expenditures. NOTE.—Current data lor these series are shown on pages C-2 and C-3. 77 78 79 80 81 Nov. T 82 83 July Mar. P T 84 85 86 87 88 89 90 91 92 93 1994 C-18 • SURVEY OF CURRENT BUSINESS August 1994 Fixed Capital Investment—Continued Nov. Mar. P T Jan. July P T July P Nov. T July Mar. P T Inventories and Inventory Investment inventories in 1987dollars,( ing and t-ade invc ntories 1966 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994 NOTE —Current data for these series are shown on page C-3. SURVEY OF CURRENT BUSINESS August 1994 * C-19 Prices and Profits prices, ray mdusti)ial ma rofits after tax ts after tax to cor oorate d< imestic l^rtio, qo rporate domesti profits ifter tax corpo n te dome) itic incor ie, Q (pe rcent) , implic or, Q (in 1966 67 68 69 70 71 72 ce d jflator to unit 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994 IVA Inventory valuation adjustment. CCAdj Capital consumption adjustment. NOTE.—Current data for these series are shown on pages C-3 and C-4. IVA mdCCAJjt 1. From June 1981 forward, this is a copyrighted series used by permission; it may not be reproduced without written permission from Knight-Ridder Financial Publishing. C-20 • August 1994 SURVEY OF CURRENT BUSINESS Money, Credit, and Interest Rates Nov. P Mar. T Jan. July July P T P Nov. T JulyMar. P T cortsumer installmer bil. U-,L by private iponfinanfial b Jate, ~ "" 1966 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 NOTE.—Current data for these series are shown on page C-4. 82 83 84 85 86 87 88 90 91 92 93 1994 SURVEY OF CURRENT BUSINESS August 1994 Money, Credit, and Interest Rates—Continued Dec. Nov. P T Jan. July July F T P Nov. T July Mar. P T •ade con orate bo ids (per Alternative Composite Indexes 1966 67 68 69 70 71 72 73 74 75 76 77 CIBCR Center for International Business Cycle Research (Columbia University). NOTE.—Current data for these series are shown on page C-5. 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994 • C-21 C-22 • SURVEY OF CURRENT BUSINESS August 1994 Prices Dec. Nov. P T Nov. P Jan. July July Nov. P T P T Mar. T July Mar. P T "TjAja^ggji^fflgissasMaafaraFTW " r mf i r Percent change at annual rate *S^E: 311c. F xed-weu |hted pri :e index, yossfk mestic business 20 Cons imer Priie Indexe s for all 20 323c. AH items I »ss food and eneigy 20 Prod icer Pric j Indexe: >— 336c. Finished (pods 20-i 100-10- 337?if Jij$te$£ oodsles sfoods nd enerc 20-i 10-10-1 334c. F rtished t onsumei goods 20-i 10-10-1 20-, Hi "IS -10J 20-i 100-10- 5040302010- 0-10-20-30-1 1966 67 68 69 70 71 72 73 74 75 NoiE.—Current data for these series are shown on page C-3 76 77 78 79 80 81 82 83 84 85 90 91 92 93 1994 SURVEY OF CURRENT BUSINESS August 1994 Other Measures Nov. Mar. P T Jan. July P T July P Nov. T July Mar. P T saving i ale, Q (p jrcent) Govern nent sur olus or d sf i output f er hour perso is, busir ess sect >r (ann 4-q jarter sp m FeceralGovjrnment purchases for Merchandise impprts 9 (ann. Merchcndiseexjorts excluding military 1966 67 68 69 70 71 72 73 74 75 76 NOTE.—Current data (or these series are shown on pages C-4 and C-5. 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994 C-23 C-24 • August 1994 SURVEY OF CURRENT BUSINESS International Industrial Production Jan. July July P T P 1966 67 68 69 70 71 72 73 74 75 NOTE.—Current data tor these series are stiown on page C-5. 76 77 78 79 80 81 Nov. T 82 July Mar. P T 83 84 85 86 87 88 90 91 92 93 1994 SURVEY OF CURRENT BUSINESS August 1994 International Consumer Prices Dec. Nov. P T Jan. July July P T P Nov. T July Mar. P T Percent change over 6-month 1966 67 NOTE.—Current data for these series are shown on page C-5. 92 93 1994 C-25 C-26 SURVEY OF CURRENT BUSINESS August 1994 International Stock Prices Nov. P Dec. Nov. P T 1966 67 68 69 70 71 72 73 74 75 NOTE.—Current data for these series are shown on page C-5. Jan. July July P T P Mar. T 76 77 78 79 80 81 Nov. T 82 July Mar. P T 83 84 85 87 88 89 90 91 92 93 1994 SURVEY OF CURRENT BUSINESS J Rates Jan. July July F T P Dec. Nov. P T Nov. T July Mar. P T 8 1966 67 68 69 70 71 72 73 74 75 NOTE.—Current data for these series are shown on page C-5. 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994 Comprehensive Information on the U.S. Economy SUKVBY o/CURRENT BUSINESS The SURVEY OF CURRENT BUSINESS provides the broad scope and the statistical detail to keep you informed, month by month, about U.S. economic conditions. It is the journal of record for many of the headline-making economic statistics that influence decisionmakers in business and government, including: Gross domestic product (GDP), Personal income (both national and regional), Leading economic indicators, and U.S. balance of payments. The SURVEY'S articles analyze these numbers and present the statistical detail and methodologies that underlie them. The SURVEY also contains the "Business Cycle Indicators" section, which consists of tables for about 270 series and charts for about 130 series that are widely used in analyzing current cyclical developments. To keep up with the rapidly changing U.S. economy, subscribe to the SURVEY OF CURRENT BUSINESS today. Superintendent of Documents Subscriptions Order Form Order Processing Code: Charge your order. It's Easy! *6121 I I YES, enter my subscription(s) as follows: To fax your orders (202) 512-2233 ,subscription(s)of SURVEY OF CURRENT BUSINESS, SCUB: second-class mail—$34.00 domestic, $42.50 foreign; first-class mail — $71.00 domestic. For foreign air mail prices or to place an order by telephone, call (202) 783-3238. The total cost of my order is $_ (Company or Personal Name) (Additional address/attention line) (Please type or print) For privacy protection, check the box below: Q Do not make my name available to other mailers Please choose method of payment: Q Check Payable to the Superintendent of Documents Q G P O Deposit Account M i l l ! ! !""["] I I VISA or MasterCard Account (Street address) (City, State, ZIP Code) (Credit eard expiration date) Thank you for your order! (Daytime phone including area code) Digitized for(Purchase FRASER Order No.) (Authorizing Signature) 03/94 Mail To: Superintendent of Documents P.O. Box 371954, Pittsburgh, PA 15250-7954 USA BEA INFORMATION BEA'S economic information is available in publications, on computer tapes, on diskettes, and through a variety of other products arid services. Most of these are described in A User's Guide to BEA Information. For a copy, write to the Public Information Office, BE~53, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (201) 606-9900, Recent Publications from GPO FROM: Superintendent of Documents, P.O. Box 371954, Pittsburgh, PA 15250-7954. Payment may be by check (made payable to Superintendent of Documents) or charged to a GPO deposit account number, VISA, or MasterCard, Phone (202) 783-3238 or fax (202) 512-2250, National Income and Product Accounts of the United States. (1992j) Two volumes. Presents the Ml set of national income and product xounts (NIPA) estimates for 1929-88 that resulted from the most recent ^mprehensive, or benchmark, revision. Text describes the statistical >nventions used in the NIPA'S and the definitions and classifications uneriying the accounts* Vol iri£2£~5$. 264 pp. $15.00 (GPO STOCK NO* 003-010-00236-1). Vol &• i5>59~#£ 424 pp. $25.00 (GPO STOCK NO. 003-010-00231-0). Fixed Reproducible Tangible Wealth in the United States, 1925-89. 993) Contains annual estimates of the stock of privately owned and overnment-owned durable equipment and structures and of durable sods owned by consumers in the United States for 1925*89. Estimates re for fixed nonresidential private capital by major industry group, for *sidential capital by tenure group, for government-owned fixed capital y type of government, and for n types of durable goods owned by conimers, 460 pp. $25.00. (GPO STOCK NO. 003-010-00235-2). The 1982 Benchmark Input-Output Accounts of the United States. 1991) Presents tables for 541 industries/commodities showing the prouction of commodities (goods and services) by each industry, the use of Dmmodities by each industry, the commodity composition of GNP, and le industry distribution of value added. Prepared primarily on the basis f data collected in the 1982 Economic Censuses. 368 pp. $19.00 (GPO POCK NO. 003-010^00226^3). BEA Regional Projections to 2040. (1990) Three volumes. Presents reional projections for selected economic and population variables for ?95» 2000, 2005, 2010, 2020, and 2040. Includes projections for employlent and earnings by industry and for personal income, as well as a tatement of methodology, Vol i: States, Out of print at GPO. Call BEA at (202) 606^5341 for availability. Vol ~&~ Metropolitan Statistical Arms, 352 pp. $17.00 (GPO STOCK NO, 003-010-00211-5). Vol 3: BEA Economic Areas, 200 pp, $10,00 (GPO STOCK NO. 003-010- "00212-3), " v ...... ..... : .......... ...... ........ ;............"•"...........; ". ...... " "" ...... Regional Multipliers: A User Handbook for the Regional Input-Outut Mojdeling System (RIMS xx). (1992) Presents updated tables of reional input-output (i-o) multipliers by industry, for output, earnings, nd employment, for all States and the District of Columbia. Multipliers are shown on a direct-effect and a final-demand basis. Explains how to obtain multipliers for over 500 industries for any geographic area composed of one or more U.S, counties or county equivalents. Includes case studies. 124 pp. $13.00 (GPO STOCK NO, 003-010-00227-1), Foreign Direct Investment in the United States: Operations of U.S. Affiliates of Foreign Companies, Revised 1991 Estimates, (1994) Presents revised results for 1991 from BBA'S annual survey covering the financial structure and operations of nonbank U.S. affiliates of foreign direct investors. Data are classified by industry of U.S. affiliate, by country and industry of ultimate beneficial owner, and, for selected data, by State. 92 pp. $6.00 (GPO STOCK NO. 003-010-00246-8). Foreign Direct Investment in the United States: Establishment Data for 1987. (1992) A joint effort by BEA and the Bureau of the Census, this publication provides new data on operations of U.S. affiliates of foreign direct investors in much greater industry detail than has been available in the past Over 800 4-digit sic industries are covered. Presents the number, employment, payroll, and shipments or sales of the establishments. Data are disaggregated by industry, by State, and by country of ultimate beneficial owner. 696 pp. $36.00 (GPO STOCK NO. 003-010-00228-0). Foreign Direct Investment in the United States: Establishment Data for Manufacturing. (1994) A joint effort by BEA and the Bureau of the Census, this series of publications presents new data for foreign-owned U.S. manufacturing establishments (plants), including data on their number, value added, shipments, employment, total employee compensation, employee benefits, hourly wage rates of production workers, cost of materials and energy used, inventories by stage of fabrication, and ex- ; penditures for new plant and equipment. The data are disaggregated by detailed industry (up to 459 Industries), by Stated and by country of investor. 1990: 216 pp. $14,00 (GPO STOCK NO. 003-010-00242-5); 1989: 204 pp. $13.00 (GPO STOCK NO, 003-010-00243-3); 1988: 204 pp. $13.00 (GPO STOCK NO, 003-010-0O244-l). U.S. Direct Investment Abroad: 1989 Benchmark Survey, Final Results. (1992) Presents final results of the latest benchmark survey of the worldwide operations of U.S. multinational companies. Contains detailed 1989 data on the financial structure and overall operations of U.S. parent companies and their foreign affiliates in 263 tables organized by industry of parent or by country and industry of affiliate. Also contains a complete methodology and copies of survey forms and instructions. 448 pp. $25.00 (GPO STOCK NO, 003-010-00234-4). K *U.S. Direct Investment Abroad: Operations of U.S, Parent Companies and Their Foreign Affiliates, (1994) Two publications containing results for 1991 and 1992 from BEA'S annual survey of the worldwide operations of US . multinational companies. Contains information on the financial structure and operations of U.S. parent companies and their foreign affiliates. Data are classified by country and industry of affiliate and by industry of U.S. parent. 100 pp. $6,50 each, Preliminary 1992 Estimates: GPO STOCK NO. 003-010-00245-0; Revised 1991 Estimates: GPO STOCK NO. 003-010-00244*1. UNITED STATES GOVERNMENT PRINTING OFFICE SUPERINTENDENT OF DOCUMENTS WASHINGTON, DC 20402 SECOND CLASS MAIL POSTAGE AND FEES PAID U.S. GOVERNMENT PRINTING OFFICE OFFICIAL BUSINESS USPS PUB. No. 337-790 PENALTY FOR PRIVATE USE, $300 Schedule of Upcoming BEA News Releases Subject Release Date U.S. International Trade in Goods and Services, July 1994 Gross Domestic Product, 2d quarter 1994 (final) Corporate Profits, 2d quarter 1994 (revised) Personal Income and Outlays, August 1994 * Sept 20 Sept. 29 Sept. 29 Sept. 30 Composite Indexes of Leading, Coincident, and Lagging Indicators, August 1994 U.S. International Trade in Goods and Services, August 1994 State Personal Income, 2d quarter 1994 Gross Domestic Product, 3d quarter 1994 (advance) ... Personal Income and Outlays, September 1994 Oct. * Oct. Oct. Oct. Oct. Composite Indexes of Leading, Coincident, and Lagging Indicators, September 1994 U.S. International Trade in Goods and Services, September 1994 Gross Domestic Product, 3d quarter 1994 (preliminary) Corporate Profits, 3d quarter 1994 (preliminary) Nov. 2 * Nov. 18 Nov. 30 Nov. 30 Personal Income and Outlays, October 1994 Composite Indexes of Leading, Coincident, and Lagging Indicators, October 1994 Summary of International Transactions, 3d quarter 1994 U.S. International Trade in Goods and Services, October 1994 Gross Domestic Product, 3d quarter 1994 (revised) Corporate Profits, 3d quarter 1994 (revised) Personal Income and Outlays, November 1994 Composite Indexes of Leading, Coincident, and Lagging Indicators, November 1994 Dec. Dec. Dec. * Dec. Dec. Dec. Dec. Dec. * Joint release by the Bureau of the Census and BEA. For information, call (202) 606-9900, Bureau of Economic Analysis, U.S. Department of Commerce. 4 19 20 28 31 i 2 14 20 22 22 23 29