View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

SURVEY OF CURRENT BUSINESS
January 2001 • Volume 81 • Number 1

U.S. Department of Commerce
Norman Y. Mineta, Secretary
Economics and Statistics Administration
Robert J. Shapiro, Under Secretary for Economic Affairs
Bureau of Economic Analysis
J. Steven Landefeld, Director
Rosemary D. Marcuss, Deputy Director
Barbara M. Fraumeni, Chief Economist
Suzette Kern, Associate Director for Management
and Chief Administrative Officer
Hugh W. Knox, Associate Director for Regional Economics
Ralph Kozlow, Associate Director for International Economics
Brent R. Moulton, Associate Director for National Income,
Expenditure, and Wealth Accounts
Sumiye Okubo, Associate Director for Industry Accounts
Editor-in-Chief: Douglas R. Fox • Graphic Designer: W. Ronnie Foster,
Manuscript Editor: M. Gretchen Gibson • Production Editor: Ernestine T. Gladden,
Editor: Kristina L. Maze • Technical Advisor: Delores Barber




This issue went to the printer on January 12, 2001.
It incorporates data from the following monthly BEA news releases:
U.S. International Trade in Goods and Services (December 19, 2000),
Gross Domestic Product (December 21), and
Personal Income and Outlays (December 22).
The SURVEY OF CURRENT BUSINESS (ISSN 0039-6222) is published monthly by the Bureau of Economic Analysis
of the U.S. Department of Commerce. Editorial correspondence should be addressed to the Editor-in-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 the prices are set, by the U.S.

Government Printing Office, an agency of the U.S. Congress.
Subscription and single-copy prices
Second-class mail: $49.00 domestic, $61.25 foreign; first-class mail: $120.00
Single copy: $25.00 domestic, $31.25 foreign
To subscribe, call 202-512-1800, or go to <bookstore.gpo.gov>.
To inquire about your subscription, call 202-512-1806. Send changes of address to Superintendent of
Documents, U.S. Government Printing Office, Washington, DC 20402.
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.

January 2001




SURVEY OF CURRENT BUSINESS

TABLE OF CONTENTS
l\egular features
Business Situation
Real GDP increased 2.2 percent in the third quarter of 2000, according to the "final" NIPA estimates; the downward revision of 0.2 percentage point from the
"preliminary" estimates primarily reflected a downward revision to exports of
goods and services. The prices of gross domestic purchases increased 2.0 percent;
the downward revision of 0.3 percentage point primarily reflected a downward
revision to the prices of personal consumption expenditures for services. Corporate profits increased $6.7 billion (0.7 percent at a quarterly rate), to $970.3 billion, in the third quarter.

Annual Input-Output Accounts of the U.S. Economy, 1997
The 1997 input-output (I-O) accounts, the second annual update of the 1992
benchmark 1-0 accounts, present a detailed picture of how industries interact to
provide input to, and take output from, each other. The accounts show that in
terms of use, the fastest growing commodities in 1992-97 were computers, electronics, and data-processing services and that in general, this growth can be
traced to growth in demand by both intermediate and final users.

47

U.S. International Transactions, Third Quarter 2000
The U.S. current-account deficit increased $8.8 billion, to $113.8 billion, in the
third quarter of 2000; the increase was mostly accounted for by an increase in the
deficit on goods and a decrease in the surplus on services. In the financial account, net recorded inflows decreased $29.7 billion, to $123.0 billion; financial inflows decreased more than financial outflows decreased.

— Continued on the next page —

SURVEY OF CURRENT BUSINESS

Imports and statistical presentations




6

Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing
and Trade, 2000:111

44

An Ownership-Based Framework of the U.S. Current Account, 1982-98

D-l

BEA Current and Historical Data

Inside back cover: Getting BEA's Estimates
Back cover:

Schedule of Upcoming BEA News Releases

LOOKING AHEAD

Trends in Personal Consumption Expenditures. An article discussing trends and
cyclical developments in personal consumption expenditures for 1959-2000 is
scheduled to be published in a forthcoming issue of the SURVEY.

January 2001

SURVEY OF CURRENT BUSINESS

January 2001

BUSINESS
Ralph W. Morris
prepared the first
section of this
article, and Daniel
Larkins prepared
the section on
corporate profits.

S I T U A T I O N

EAL gross domestic product (GDP) increased
^
percent in the third quarter of 2000,
according to the "final" estimates of the national
income and product accounts (NIPA's), after
increasing 5.6 percent in the second quarter (table
1 and chart I). 1 The 2.2-percent increase in the
third quarter was the smallest increase in 4 years
and was well below the 3.7-percent average annual
growth rate over the current expansion, which
began in the second quarter of 1991.
The growth in real GDP reflected growth in
both domestic and foreign demand. Domestic
demand (gross domestic purchases) increased 3.0
percent, and foreign demand (exports of goods
1. Quarterly estimates in the NIPA's are expressed at seasonally adjusted
annual rates. Quarter-to-quarter dollar changes are the differences between the
published estimates. Quarter-to-quarter percent changes are annualized and are
calculated from unrounded data unless otherwise specified.
Real estimates are calculated using a chain-type Fisher formula with annual
weights for all years and quarterly weights for all quarters; real estimates are
expressed both as index numbers (1996=100) and as chained (1996) dollars.
Price indexes (1996=100) are also calculated using a chain-type Fisher formula.

Table 1.—Real Gross Domestic Product, Real Gross Domestic Purchases, and Real
Final Sales to Domestic Purchasers
[Seasonally adjusted at annual rates]

2000

Change from preceding
quarter

W99

2. Gross domestic purchases—a measure of purchases by U.S. residents
regardless of where the purchased goods and services were produced—is calculated as the sum of personal consumption expenditures, gross private domestic
investment, and government consumption expenditures and gross investment.

Selected Product Measures:
Change from Preceding Quarter
Percent
10

REAL GROSS DOMESTIC PRODUCT

10

ilhUhllil
REAL GROSS NATIONAL PRODUCT

,l

1997

[On a Command-Basis I

199B

1999

2000

Note.-Percent change at annual ratefrompreceding quarter;
based on seasonally adjusted estimates.

Billions of chained (1996) dollars
Level

and services) increased 13.9 percent (table 2).2 The
increase in domestic demand reflected increases in
consumer spending and business fixed investment

Percent change from
preceding quarter
1999

U.S. Department of Commerce, Bureau of Economic Analysis

2000

Table 2.—Contributions to Percent Change in Real Gross
Domestic Product

2000

[Seasonally adjusted at annual rates]
50.6

8.3

4.8

5.6

2.2

37.0
63.5

37.0
61.2

10.3
10.7

6.3
12,0

14.3
18.6

13.9
17.0

9,766.0 187.4 129.5 150.7

71.7

8.4

5.6

6.5

3.0

Gross domestic product

9,369.5 178.3 107.7 127.1

Less: Exports of goods and services ..
Pius: Imports of goods and services ...

1,158.8
1,586.4

Equals: Gross domestic purchases .
Less: Change in private inventories ....
IMonfarm
Farm
Equals: Final sales to domestic purchasers
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Private fixed investment
Nonresidential
Structures
Equipment and software
Residential
Government consumption expenditures and
gross investment
Federal
National defense
Nondefense
State and local
Addendum; Final sales of domestic product

72.5
67.4
5.0

25.8
35,7

16.4
40.8

41.8 -44.3
29.5 -40.0
12.9 -4.3

42.0
39.3
2.6

-6.1
-4.9
-1.2

9,687.3 147.6 169.5 110.6

76.8

6.6

7.5

6,329.8
903.2
1,882.6
3,559.3
1.791.3
1,438.8
286.6
1,162.4
362.3

87.2 112.5 47.1 69.2
25.6 46.4 -11.5 16.5
32.0 26.7 16.3 21.5
31.9 44.2 39.5 32.6
28.8 64.3 46.7 13.7
29.3 63.5 47.2 26.3
3.0
9.6
6.0 13.4
23.5 50.3 46.2 15.8
2.9
1.2 -10.3
.5

5.9
13.0
7.4
3.8
7.2
9.5
9.7
9.5

7.6
23.6
6,0
5.2
16.4
21.0
22.3
20.6
3.2

1,578.2
545.8
346.2
199.4
1,031.9

31.7 -4.4
17.1 -21.0
10.5 -19.4
6.6 -1.7
14.8 16.2

18.6
21.7
13.6
8.2
-2.8

-5.5
-13.0
-8.9
-4.2
7.3

8.5 -1.1
13,2 -14.2
12.6 -19.8
14.4 -3.3
6.1
6.6

9,290.9 138.7 147.5

87.3

55.6

6.4

6.7

4.7

3.2

4.5
3.1
-5.0
7.6
3.6
4.7
4.6
3.7
11.2
3.1
14.6
7.7
4,4 14.6
5.6
17.9
1.3 -10.6
4.8
17.2
16.9
17.8
-1.1

-1.4
-9.0
-9.7
-7.9
2.9

3.9,

2.4

NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar
value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more
than one period, the corresponding chained-doflar estimates usually m not additive. Chained (1996) dollar levels and residuals,
which measure the extent of nonadditivity in each table, are shown in NIPA tables 1.2, 1.4, and 1.6. Percent changes are calculated
from unrounded data. Percent changes in major aggregates are shown in NIPA table S.1. (See "Selected NIPA Tables," which
begins on page D-2 in this issue.)




1999

Percent change at annual rate:
Gross domestic product
Percentage points at annual rates:
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and
gross investment ....
Federal
National defense
Nondefense
State and local

2000

8.3

4.8

5.6

2.2

4.08
1.04
1.47
1.58
3.04
1.26
1.22
.29
.94
.03
1.78
-.37
1.09
.94
.15
-1.45
-1.28
-.17

5.03
1.79
1.19
2.04
,92
2.68
2.54
.63
1.91
.14
-1.76
-.94
.67
.46
.21
-1.61
-1.28
-.33

2.14
-.42
.74
1.83
3.66
1.93
1.87
.14
1.73
.06
1.73
-1.00
1,48
1.37
.11
-2.48
-2.26
-.22

2.99
.61
.93
1.46
.33
.55
1.02
.44
.58
-.47
-.22
-.90
1.45
1.54
-.09
-2.35
-1.90
-.44

1.50
.79
.48
.30
.71

-.18
-.93
-.86
-.07
.75

.85
.97
.60
.37
-.12

-.24
-.57
-.38
-.18
.33

NOTE.—More detailed contributions to percent change in real gross domestic product are
shown in NIPA table 8.2. Contributions to percent change in major components of real gross
domestic product are shown in tables 8.3 through 8.6.

SURVEY OF CURRENT BUSINESS

January 2001

that were partly offset by decreases in private residential investment, Federal Government spending,
and private inventory investment.3 The increase in
domestic demand also reflected a 17.0-percent
increase in imports of goods and services.
The deceleration in real GDP growth in the
third quarter reflected downturns in private inventory investment, in Federal Government spending,
and in private residential investment and a sharp
deceleration in business investment in equipment
3. In the NIPA's, consumer spending is shown as personal consumption
expenditures and government spending is shown as government consumption
expenditures and gross investment.

Table 3.—Revisions to Change in Real Gross Domestic Product and Prices, Third
Quarter 2000
[Seasonally adjusted at annual rates]
Percent change from
preceding quarter

Preliminary
estimate

Final
estimate

Final estimate
minus preliminary
estimate

Percentage
points

Billions
of
chained
(1996)
dollars

2.4

2.2

-0.2

-4.0

Less: Exports of goods and services
Goods
Services

15.4
19.8
4.8

13.9
21.0
-2.8

-1.5
1.2
-7.6

-3.9
2.1
-5.5

Plus: Imports of goods and services
Goods
Services

17.4
16.6
22.1

17.0
16.2
22.3

-.4
-.4
.2

-1.3
-1.4
.1

3.1

3.0

-1

-1.7

Gross domestic product

Equals: Gross domestic purchases .
Less: Change in private inventories
Farm
Nonfarm
Equals'. Final sales to domestic purchasers
Personal consumption expenditures ,
Durable goods
Nondurable goods
Services
Fixed investment
Nonresidential
Structures
Equipment and software .
Residential
Government consumption expenditures and gross investment .
Federal
National defense
Nondefense
State and local
Addenda:
Final sales of domestic product
Gross domestic purchases price index
GDP price index

-1.0
0
-1.0
3.3

3.2

-.1

4.5
8.1
4.8
3.7

4.5
7.6
4.7
3.7

0
-.5
-1
0

-.7
-.9
-.5
.6

3.3
7.8
14.9
5.8
-10.5

3.1
7.7
14.6
5.6
-10.6

-.2
_ q

-.6
-.6
-.2
-.3
0

-1.5
-9.0
-9.6
-8.0
2.7

-1.4
-9.0
-9.7
-7.9
2.9

.1
0
-.1
.1
.2

2.6
2.3
1.9

2.4
2.0
1.6

-.2
-.3
-.3

_

•«

-2
-.1

-3.2

NOTE.—The final estimates for the third quarter of 2000 incorporate the following revised or additional major source data that
were not available when the preliminary estimates were prepared.
Personal consumption expenditures: Revised retail sales for September and newly available brokerage services data for the third
quarter.
Nonresidential fixed investment: Revised construction put-in-place for August and September, revised manufacturers' shipments
of machinery and equipment for September, and newly available unemployment insurance data for the second quarter.
Residential fixed investment: Revised construction put in-place for August and September and revised sales of new houses for
July through September.
Change in private inventories: Revised manufacturing and trade inventories for September.
Exports and imports of goods and services: Revised data on exports and imports of goods for September and revised international
transactions data on exports and imports of services for the second and third quarters.
Government consumption expenditures and gross investment: Revised State and local construction put-in-place for August and
September.
Wages and salaries: Revised employment, average hourly earnings, and average weekly hours for August and September.
GDP prices: Revised export and import prices for June through September, revised unit-value index for petroleum imports for
September, and revised prices of single-family houses under construction for the quarter.




and software. These changes were partly offset by
an acceleration in consumer spending and an
upturn in State and local government spending.
The final estimate of the change in real GDP is
0.2 percentage point less than the 2.4-percent
increase indicated by the "preliminary" estimate
reported in the December "Business Situation"
(table 3). For 1978-99, the average revision (without regard to sign) from the preliminary estimate
to the final estimate was 0.3 percentage point. The
downward revision to third-quarter real GDP primarily reflected a downward revision to exports of
goods and services, as a downward revision to services more than offset an upward revision to
goods. The downward revision to exports of services reflected the incorporation of newly available
quarterly data from BEA's international transactions accounts; the upward revision to exports of
goods reflected the incorporation of revised Census Bureau data for September.
Real gross domestic purchases increased 3.0
percent, 0.1 percentage point less than the preliminary estimate; in the second quarter, this measure
increased 6.5 percent. Real final sales of domestic
product increased 2.4 percent, 0.2 percentage
point less than the preliminary estimate; in the
second quarter, this measure increased 3.9 percent.4
The prices of gross domestic purchases
increased 2.0 percent, 0.3 percentage point less
than the preliminary estimate; in the second quarter, these prices increased 2.1 percent. The downward revision primarily reflected downward
revisions to the prices of "other" personal consumption expenditures (PCE) for services, specifically, revisions to the implicit prices of imputed
financial charges that resulted from the incorporation of newly available data from the Federal
Deposit Insurance Corporation. GDP prices
increased 1.6 percent in the third quarter, also 0.3
percentage point less than the preliminary estimate; in the second quarter, GDP prices increased
2.4 percent.
Real disposable personal income (DPI)
increased 2.6 percent in the third quarter, 0.2 percentage point more than the preliminary estimate;
in the second quarter, real DPI increased 3.7 percent. Current-dollar DPI increased 4.4 percent in
the third quarter, 0.2 percentage point less than the
preliminary estimate; the downward revision was
4. Final sales of domestic product is calculated as GDP less change in private
inventories.

SURVEY OF CURRENT BUSINESS
more than accounted for by a downward revision
to personal interest income, reflecting the incorporation of newly available data from the Federal
Deposit Insurance Corporation. The upward revision to real DPI reflected the downward revision to
the implicit price deflator for PCE, which is used
to deflate current-dollar DPI.
The personal saving rate—personal saving as a
percentage of current-dollar DPI—was -0.2 percent, the same as the preliminary estimate; in the
second quarter, the rate was 0.3 percent.

January 2001

The national saving rate—gross saving as a percentage of GNP—was 18.5 percent in the third
quarter, down slightly from 18.6 percent in the
second quarter. The national saving rate has
ranged from 18.2 to 18.6 percent in the last six
quarters after ranging from 18.7 to 19.0 percent in
the preceding five quarters.

Corporate Profits
According to revised estimates, profits from current production increased $6.7 billion (or 0.7 percent at a quarterly rate) in the third quarter after
increasing $27.3 billion (2.9 percent) in the second
quarter (table 5).7
Profits from the rest of the world increased $7.8
billion (5.8 percent) in the third quarter, as pay-

Gross national product (GNP).—In the third quarter, real GNP—goods and services produced by
labor and property supplied by U.S. residents—increased 2.1 percent, 0.1 percentage point less than
real GDP (table 4).5 Income receipts from the rest
of the world decreased more than income payments to the rest of the world; both decreases
reflected corporate profits.
Real GNP on a command basis, which measures
the purchasing power of goods and services produced by the U.S. economy, increased less than real
GNP—1.8 percent, compared with 2.1 percent—
reflecting a deterioration in the terms of trade.6 In
the second quarter, real GNP on a command basis
increased more than real GNP—5.9 percent, compared with 5.6 percent—reflecting an improvement in the terms of trade. The terms of trade had
deteriorated in each of the preceding four quarters.

6. In the estimates of command-basis GNP, the current-dollar value of the
sum of exports of goods and services and income receipts is deflated by the
implicit price deflator (IPD) for the sum of imports of goods and services and
income payments.
The terms of trade is a measure of the relationship between the prices that
are received by U.S. producers for exports of goods and services and the prices
that are paid by U.S. purchasers for imports of goods and services. It is measured by the following ratio, with the decimal point shifted two places to the
right: In the numerator, the IPD for the sum of exports of goods and services
and of income receipts; in the denominator, the IPD for the sum of imports of
goods and services and of income payments.
Changes in the terms of trade reflect the interaction of several factors,
including movements in exchange rates, changes in the composition of the
traded goods and services, and changes in producers' profit margins. For example, if the U.S. dollar depreciates against a foreign currency, a foreign manufacturer may choose to absorb this cost by reducing the profit margin on the
product it sells to the United States, or it may choose to raise the price of the
product and risk a loss in market share.
7. Profits from current production is estimated as the sum of profits before
tax, the inventory valuation adjustment, and the capital consumption adjustment; it is shown in NIPA tables 1.9, 1.14, 1.16, and 6.16C (see "Selected NIPA
Tables," which begins on page D-2 of this issue) as corporate profits with inventory valuation and capital consumption adjustments.
Percent changes in profits are shown at quarterly, not annual, rates.

5. GNP equals GDP plus income receipts from the rest of the world less
income payments to the rest of the world.

Table 4.—Relation of Real Gross Domestic Product, Real Gross National Product, and Real Command-Basis Gross National
Product
[Seasonally adjusted at annual rates]
Billions of chained (1996) dollars
Level

Percent change from preceding

Change from preceding quarter
1QQQ

2000

1999

III

IV

2000
I

II

III

IV

I

II

III

9,369.5

178.3

107.7

127.1

50.6

8.3

4.8

5.6

2.2

348.7
354.8

14.3
13.0

15.8
10.8

21.2
22.1

-4.5
-3.1

20.3
17.7

21.6
14.0

28.1
29.1

-5.0
-3.4

Equals: Gross national product

9,362.8

179.6

112.7

126.0

49.1

8.3

5.1

5.6

2.1

Less: Exports of goods and services and income receipts from the rest of the
world

1,508.9

40.6

33.0

58.9

31.4

12.6

9.9

17.7

8.8
6.5

Gross domestic product
Plus: Income receipts from the rest of the world
Less: Income payments to the rest of the world

Plus: Command-basis exports of goods and services and income receipts from
the rest of the world ]

1,532.8

33.6

24.5

65.5

23.9

10.1

7.1

19.4

Equals: Command-basis gross national product

9,386.7

172.6

104.2

132.6

41.6

8.0

4.7

5.9

1.8

101.6

-.6

_j

.4

-.5

-2.3

-2.7

1.6

-1.9

Addendum: Terms of trade 2
1. Exports of goods and services and income receipts deflated by the implicit price deflator
for imports of goods and services and income payments.
2. Ratio of the implicit price deflator for exports of goods and services and income receipts




to the corresponding implicit price deflator for imports divided by 100.
N o T E See note to table 1 for an explanation of chained (1996) dollar series. Levels of these
s e r j e s a r e S h 0W n in NIPA tables 1.10 and 1.11.

SURVEY OF CURRENT BUSINESS

January 2001




merits by U.S. affiliates of foreign corporations
decreased more than receipts of earnings from foreign affiliates of U.S. corporations.8 Profits of
domestic financial corporations increased $6.1 billion (3.6 percent). Profits of domestic nonfinancial
corporations decreased $7.1 billion (1.1 percent).
Unit profits of domestic nonfinancial corporations
decreased, as unit costs increased more than unit
prices; the real product of these corporations
increased 1.1 percent (or 4.4 percent at an annual
rate).
The revised estimate of profits from current
production is $0.9 billion lower than the preliminary estimate. Profits of domestic nonfinancial
corporations were revised down $5.3 billion; this
revision was largely offset by upward revisions to
8. Profits from the rest of the world is calculated as (1) receipts by U.S. residents of earnings from their foreign affiliates plus dividends received by U.S.
residents from unaffiliated foreign corporations minus (2) payments by U.S.
affiliates of earnings to their foreign parents plus dividends paid by U.S. corporations to unaffiliated foreign residents.
These estimates include capital consumption adjustments (but not inventory valuation adjustments) and are derived from BEA's international transactions accounts.

profits of domestic financial corporations ($1.7
billion) and to profits from the rest of the world
($2.7 billion).
Cash flow from current production, a profitsrelated measure of internally generated funds
available for investment, increased $20.1 billion
after increasing $35.3 billion.9 The ratio of cash
flow to nonresidential fixed investment—an indicator of the share of the current level of investment
that could be financed by internally generated
funds—decreased from 74.3 percent to 74.0 percent, its lowest level since 1986.
Domestic industry profits and related measures.—
Domestic industry profits increased $3.9 billion
after increasing $27.7 billion.10 Profits of domestic
9. Cash flow from current production is undistributed profits with inventory valuation and capital consumption adjustments plus the consumption of
fixed capital.
10. Domestic industry profits are estimated as the sum of corporate profits
before tax with the inventory valuation adjustment; they are shown in NIPA
table 6.16C (on page D-17 of this issue).
Estimates of the capital consumption adjustment do not exist at a detailed
industry level; they are available only for the totalfinancialand total nonfinancial industries.

Table 5. Corporate Profits
[Seasonally adjusted]
Billions of dollars (annual rate)
Level

Profits from current production
Domestic industries
Financial
Nonfinancial
Rest of the world
Receipts (inflows)
Payments (outflows)
IVA
CCAdj
Profits before tax
Profits tax liability
Profits after tax

...

..

Cash flow from current production
Domestic industry profits:
Corporate profits of domestic industries with IVA
Financial
Nonfinancial
Manufacturing
Transportation and public utilities
Wholesale trade
Retail trade
Other

Percent change (quarterly rate)

Change from preceding quarter

2000

1999

III

IV

1999

II

IV

I

III

III

II

970.3
828.1
175.2
653.0
142.1
202.9
60.8

51.2
42.6
19.7
22.9
86
5.3
-3.3

43.1
34.7
4.0
30.8
8.4
13.1
4.8

27.3
21.9
-5.5
27.3
5.4
12.0
6.5

6.7
-1.2
6.1
-7.1
7.8
-3.9
-11.7

6.1
5.8
13.1
3.9
7.6
3.0
-5.2

4.8
4.5
2.3
5.1
7.0
7.2
7.8

2.9
2.7
-3.2
4.3
4.2
6.2
10.0

0.7
-.1
3.6
-1.1
5.8
-1.9
-16.2

-4.5
29.7
945.1
290.6
654.4

.5
-1.1
51.7
16.6
35.1

-5.8
-1.0
50.0
15.5
34.5

11.4
-5.9
21.8
5.7
16.0

9.1
-5.0
2.6
-1.4
4.0

6.3
6.6
6.2

5.7
5.7
5.7

2.4
2.0
2.5

.3
-.5
.6

1,029.6

34.8

37.7

35.3

20.1

3.9

4.0

3.6

2.0

798.4
195.5
602.9
192.1
103.1
71.1
91.8
144.9

43.6
20.1
23.6
-6.8
12.8
4.9
6.5
6.2

35.8
4.6
31.1
20.7
.5
2.0
8.3
-.4

27.7
-3.8
31.6
8.1
2.0
8.5
2.2
10.8

3.9
7.4
-3.6
-9.7
-.8
1.4
-.6
6.2

6.3
12.0
4.5
-3.8
14.4
9.0
8.7
5.0

4.9
2.5
5.7
12.0
.5
3.3
10.1
-.3

3.6
-2.0
5.5
4.2
2.0
14.0
2.4
8.4

.5
4.0
-6
-4.8
-8
1.9
.6
4.5

0.006
.001

0.001
.002
0
-.003

Dollars
Unit price, costs, and profits of nonfinancial corporations:
Unit price
Unit labor cost
Unit nonlabor cost
Unit profits from current production

2000

2000

1.032
.661
.247
.123

0
-.003
.001
.002

NOTE—Levels of these and other profits series are in NIPA tables 1.14, 1.16, 6.16C, and 7.15.
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment

0.006
0
.002
.004

002
.004

SURVEY OF CURRENT BUSINESS
nonfinancial corporations decreased $3.6 billion
after increasing $31.6 billion. Profits of manufacturing, retail trade, and the transportation and
utilities group turned down, and profits of wholesale trade and "other nonmanufacturing"
increased less than in the second quarter.11 The
downturn in manufacturing was largely accounted
for by chemicals, petroleum, and electronic equipment. Profits of domestic financial corporations
increased $7.4 billion after decreasing $3.8 billion.
Profits before tax (PBT) increased $2.6 billion
after increasing $21.8 billion. For the third quarter,
the difference between the increase in PBT and the
11. "Other nonmanufacturing" industries include agriculture, mining, construction, and services.




increase in profits from current production
reflected an increase in the inventory valuation
adjustment that was partly offset by a decrease in
the capital consumption adjustment.12 H
12. As prices change, companies that value inventory withdrawals at original acquisition (historical) costs may realize inventory profits or losses. Inventory profits—a capital-gains-like element in profits—result from an increase in
inventory prices, and inventory losses—a capital-loss-like element in profits—result from a decrease in inventory prices. In the NIPA's, inventory profits
or losses are removed from business incomes by the inventory valuation adjustment (IVA); a negative IVA removes inventory profits, and a positive IVA
removes inventory losses.
The capital consumption adjustment converts depreciation of fixed assets
valued at historical cost and based on service lives and depreciation patterns
specified in the tax code to depreciation valued at replacement cost and based
on empirical evidence on the prices of used equipment and structures in resale
markets. For more information on depreciation in the NIPA's, see Shelby W.
Herman, "Fixed Assets and Consumer Durable Goods: Estimates for 1925-98,"
SURVEY OF CURRENT BUSINESS 80 (April 2000): 17-30.

January 2001

SURVEY OF CURRENT BUSINESS

January 2001

Real Inventories, Sales, and Inventory-Sales Ratios
for Manufacturing and Trade, 2000:111

TABLES 1, 2, AND 3 SHOW quarterly and monthly estimates
of real inventories, sales, and inventory-sales ratios,
respectively. Table 4 shows real manufacturing inventories by stage of fabrication. Real estimates are in chained
(1996) dollars.
Data availability
Quarterly estimates for 1996:IV-2000:I of real manufacturing and trade inventories, sales, and inventorysales ratios and of real manufacturing inventories by
stage of fabrication were published in the October 2000
SURVEY OF CURRENT BUSINESS.

The estimates for 1967-99 are available as downloadable files on BEA's Web site at <www.bea.doc.gov>;
click on "GDP and related data" and look under "Supplementary estimates " underlying detail estimates for
change in private inventories, historical file.
The most recent estimates are also available by subscription from BEA: On diskette as part of the NIPA
monthly update (product number NDS-0171, price
$204.00) and as separate monthly printouts (product
number NLS-0166, price $108.00). To order, call the
BEA Order Desk at 1-800-704-0415 (outside the
United States, 202-606-9666). H

Table 1.—Real Manufacturing and Trade Inventories, Seasonally
Adjusted, End of Period

Table 2.—Real Manufacturing and Trade Sales, Seasonally Adjusted at
Monthly Rate

[Billions of chained (1996) dollars]

[Billions of chained (1996) dollars]

May
Manufacturing and trade .
Manufacturing
Durable goods
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment .
Transportation equipment
Motor vehicles and equipment
Other transportation equipment
Other durable goods1
Nondurable goods
Food and kindred products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastic products
Other nondurable goods2
Merchant wholesalers
Durable goods
Nondurable goods
Groceries and farm products ....
Other nondurable goods
Retail trade
Durable goods
Motor vehicle dealers3 ..
Other durable goods3 ..,
Nondurable goods
Food stores
Other nondurable goods

June

July

Aug. r

Sepf

Oct.
Manufacturing and trade

1,186.3 1,200.9 1,178.7 1,186.3 1,192.3 1,199.0 1,200.9 1,207.5
477.9

483.5

906.3

May

June

July

907.0

911.5

907.7

Aug.'
915.4

Sepf

Oct,

911.5

475.9

477.9

481.8

482.9

483.5

485.9

377.9

376.8

379.5

381.2

374.7

379.4

297.5
25.2
30.8
63.3
50.1
63.5
17.7
45.8
65.1

298.5
25.3
31.0
63.7
50.4
63.3
17.8
45.6
65.3

301.0
25.5
31.3
64.6
51.2
63.4
18.0
45.5
65.7

302.5
25.4
31.5
65.1
51.6
63.3
18.1
45.4
66.3

302.3
25.4
31.3
65.2
51.3
63.3
18.2
45.2
66.5

304.7
25.4
31.3
66.1
52.3
63.6
18.2
45.5
66.9

Durable goods
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment ....
Transportation equipment
Motor vehicles and equipment
Other transportation equipment
Other durable goodsx

224.7
16.6
20.0
54.1
42.5
49.5
34.0
15.5
43.8

224.5
16.4
19.7
56.1
43.6
47.4
32.9
14.5
43.6

225.6
16.6
20.1
54.1
42.8
49.8
33.9
15.8
44.1

228.7
16.7
20.0
53.8
43.7
52.1
35.4
16.6
44.0

222.9
16.5
19.8
56.4
43.1
46.4
33.3
13.2
43.1

225.4
16.4
19.9
56.2
43.6
47.5
32.4
15.1
44.1

16.2
19.6
55.8
44.0
48.3
33.1
15.2
43.7

16.0
19.4
56.7
43.6
46.0
32.4
13.6
43.9

180.4
41.6
17.4
50.1
11.8
17.5
41.6

181.2
41.1
17.4
50.6
11.9
17.5
42.1

181.2
41.0
17.3
50.6
12.0
17.6
42.1

Nondurable goods
Food and kindred products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastic products
Other nondurable goods2

154.0
42.5
13.8
34.1
15.0
14.5
34.3

153.1
42.8
13.6
34.0
14.8
14.2
33.9

154.6
42.3
13.8
34.5
14.8
14.7
34.6

153.6
42.3
13.7
34.0
15.1
14.6
34.1

152.7
42.2
13.7
33.9
14.9
14.2
33.9

154.8
43.2
13.5
34.3
15.4
14.3
34.2

42.9
13.6
33.9
14.3
14.0
33.7

42.9
13.5
33.9
14.8
14.0
33.5

250.3

252.8

249.2

251.8

252.1

253.9

137.3
113.0
45.2
67.8

137.8
115.0
46.8
68.4

137.5
111.8
44.4
67.4

137.6
114.2
46.2
68.1

137.0
115.0
46.9
68.2

138.5
115.4
47.2
68.5

46.3
68.5

45.8
68.4

278.0

281.8

278.2

278.4

280.8

282.0

282.5

282.6

123.6
65.2
56.1
157.8
38.1
119.1

125.3
66.0
56.8
160.4
37.8
121.7

123.4
64.9
56.3
158.2
37.9
119.6

123.5
65.3
56.0
158.4
38.1
119.5

125.0
66.0
56.5
159.7
37.8
121.1

124.9
65.6
56.8
160.8
37.8
122.3

126.1
66.4
56.9
160.6
37.9
121.9

125.2
65.7
56.8
161.4
38.2
122.5

31.0

31.3
65.2

17.8
45.6

18.2
45.2

41.8
17.2
49.1
12.0
17.4
41.5

41.1
17.4
50.6
11.9
17.5
42.1

178.4
41.8
17.2
48.4
11.9
17.4
41.2

179.4
41.8
17.2
49.1
12.0
17.4
41.5

180.8
41.8
17.5
50.0
12.0
17.5
41.5

336.0

340.0

333.1

336.0

337.0

340.0

340.9

217.4
118.6
40.7
78.1

218.7
121.3
41.9
79.6

215.0
118.1
40.8
77.5

217.4
118.6
40.7
78.1

217.7
119.3
40.9
78.5

218.7
120.8
41.7
79.3

218.7
121.3
41.9
79.6

219.2
121.6
41.6
80.2

372.2

369.7

372.2

373.4

376.4

377.2

380.5

132.4

205.8
104.8
101.0
163.9
32.3
131.7

208.2
106.4
101.8
164.2
31.8
132.4

209.9
107.9
102.0
163.7
31.7
132.1

211.5
108.6
102.9
165.1
31.7
133.4

211.7
109.0
102.6
165.7
31.9
134.0

213.6
110.2
103.4
167.1
31.9
135.3

165.7
31.9
134.0

2000

2000

2000

2000

p

Manufacturing

Merchant wholesalers .
Durable goods
Nondurable goods
Groceries and farm products .
Other nondurable goods

Durable goods
Motor vehicle dealers?
Other durable goods ^
Nondurable goods
Food stores
Other nondurable goods
p

Preliminary.
Revised.
1. Includes lumber and wood products; furniture and fixtures; stone, clay, and glass products; instruments and
related products; and miscellaneous manufacturing industries.
2. Includes tobacco manufacturers; textile mill products; apparel products; printing and publishing; and leather
and leather products.
3. Prior to 1981, inventories and sales of auto and home supply stores are included in motor vehicle dealers.
Beginning with 1981, these inventories are included in "other durable goods."

Preliminary.
Revised.
1. Includes lumber and wood products; furniture and fixtures; stone, clay, and glass products; instruments and
related products; and miscellaneous manufacturing industries.
2. Includes tobacco manufacturers; textile mill products; apparel products; printing and publishing; and leather
and leather products.
3. Prior to 1981, inventories and sales of auto and home supply stores are included in motor vehicle dealers.
Beginning with 1981, these inventories are included in "other durable goods."

NOTE—Manufacturing inventories are classified by the type of product produced by the establishment holding
the inventory. Trade inventories are classified by the type of product sold by the establishment holding the inventory.
Chained (1996) dollar inventory series are calculated to ensure that the chained (1996) dollar change in inventories for 1996 equals the current-dollar change in inventories for 1996 and that the average of the 1995 and 1996
end-of-year chain-weighted and fixed-weighted inventories are equal. Chained (1996) dollar final sales are calculated
as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided
by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.

NOTE—Chained (1996) dollar sales are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.

r




r

SURVEY OF CURRENT BUSINESS

January 2001

Table 3.—Real Inventory-Sales Ratios for Manufacturing and Trade,
Seasonally Adjusted

Table 4.—Real Manufacturing Inventories by Stage of Fabrication,
Seasonally Adjusted, End of Period

[Ratio, based on chained (1996) dollars]

[Billions of chained (1996) dollars]
2000

May

Durable goods
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Transportation equipment
Motor vehicles and equipment
Other transportation equipment
Other durable goods1
Nondurable goods
Food and kindred products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastic products
Other nondurable goods2

July

2000

Aug."

Sept.r
1.32

1.32

1.30

1.30

1.31

1.31

1.26

1.28

1.25

1.25

1.29

1.27

1.33
1.53
1.55
1.18
1.19
1.28
.52
2.95

1.35
1.55
1.59
1.16
1.18
1.34
.55
3.13
1.53

1.32
1.52
1.53
1.17
1.17
1.28
.52
2.90
1.48

1.31
1.51
1.55
1.18
1.16
1.22
.50
2.75
1.48

1.35
1.55
1.59.
1.15
1.19,
1.36
.54
3.46
1.53

1.34
1.55
1.58
1.16
1.18
1.33
.56
3.01
1.50

1.34
1.56
1.60
1.17
1.17
1.31
.55
2.97
1.52

1.37
1.58
1.61
1.16
1.20
1.38
.56
3.34
1.52

1.17
.96
1.29
1.46
.77
1.22
1.22

1.19
.96
1.28
1.50
.84

1.19
.96
1.28
1.50
.81

Manufacturing and trade
Manufacturing

June

1.25
1.44

1.28
1.49

1.19
1.21

1.24
1.24

1.24
1.40
.80
1.18
1.19

1.26
1.44
.80
1.19
1.22

1.28
1.48
1.23
1.22

1.30

Retail trade
Durable goods
Motor vehicle dealers3
Other durable goods3
Nondurable goods
Food stores
Other nondurable goods

1.59
1.05
.90
1.16

1.56
1.06

1.58
1.04

1.69
1.65
1.81
1.03
.84
1.10

1.67
1.62
1.79
1.04
.85
1.10

1.69
1.63
1.82
1.04
.84
1.11

1.04
.87
1.15

1.59
1.06
.91
1.16

1.59
1.07
.91
1.17

1.68
1.64
1.80
1.03
.84
1.10

1.71
1.68
1.82
1.04
.84
1.11

1.34
1.68
1.63
1.81
1.04
.84
1.11

1.68
1.64
1.80
1.03

1.69
1.66
1.81
1.03
.84
1.09

July

Aug. r

Sepf

Oct.

Durable goods
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Other durable goods1
Nondurable goods
Food and kindred products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastic products
Other nondurable goods2

170.0

168.2

170.0

167.9

168.2

169.2

102.5
8.8
11.9
22.9
19.6
9.4
5.3
24.7

104.0
8.8
11.8
23.3
20.2
10.0
5.1
25.1

102.1

22.4
19.7
9.5
5.5
24.4

102.5
8.8
11.9
22.9
19.6
9.4
5.3
24.7

103.2
8.9
12.0
22.7
20.0
9.7
5.4
24.7

104.2
8.8
12.0
23.2
20.4
9.7
5.4
24.9

65.7
13.3
8.3
16.0
3.9
7.2
16.7

13.3
8.3
16.2
3.8
7.2
17.1

65.8
13.3
8.4
16.0
3.9
7.2
16.7

65.7
13.3
8.3
16.0
3.9
7.2
16.7

65.9
13.3
8.4
16.1
3.8
7.3
16.9

136.0

134.9

136.0

136.0

107.1
8.4
8.7
19.6
15.9
4.3
34.1
16.2

105.5
8.5
8.6
19.2
15.0
4.1
33.8
16.4

107.5
8.3
8.6
19.8
15.7
4.3
34.5
16.5

107.1
8.4
8.7
19.6
15.9
4.3
34.1
16.2
28.9
7.1
1.7
7.5
2.7
2.2
7.7

104.0

104.4

23.3

22.9

5.1
25.1

5.5
25.2

65.8
13.3
8.3
16.0
3.8
7.3
16.9

13.3
8.3
16.2
3.8
7.2
17.1

13.3
8.2
15.8
3.7
7.2
17.0

136.1

135.3

134.9

135.6

106.7
8.4
8.7
19.9
15.8
4.0
33.7
16.3

105.9
8.5
8.7
19.4
15.7
4.0
33.4
16.4

105.5
8.5
8.6
19.2
15.0
4.1
33.8
16.4

105.6
8.4
8.7
19.7
15.1
4.2
33.4
16.4

29.4
7.0
1.7
8.1
2.7
2.2
7.5

29.3
7.0
1.7
8.0
2.7
2.1
7.7

29.3
6.9
1.7
8.0
2.7
2.2
7.7

6.8
1.7
8.3
2.9
2.2
7.7

94.9
8.1
10.9
23.6
16.7
4.1
6.6
25.2
20.9
7.3
26.5
5.4
8.2
17.4

Work-in-process

p Preliminary.
r
Revised.
1. Includes lumber and wood products; furniture and fixtures; stone, clay, and glass products; instruments and
related products; and miscellaneous manufacturing industries.
2. Includes tobacco manufacturers; textile mill products; apparel products; printing and publishing; and leather
and leather products.
3. Prior to 1981, inventories and sales of auto and home supply stores are included in motor vehicle dealers.
Beginning with 1981, these inventories are included in "other durable goods."
NOTE.—Manufacturing inventories are classified by the type of product produced by the establishment holding
the inventory. Trade inventories are classified by the type of product sold by the establishment holding the inventory.




Manufacturing

Manufacturing
1.58
1.05
.90
1.15

June

Materials and supplies

Merchant wholesalers
Durable goods
Nondurable goods
Groceries and farm products
Other nondurable goods

May

Durable goods
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Other durable goods1
Nondurable goods
Food and kindred products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastic products
Other nondurable goods2

28.9
7.1
1.7
7.5
2.7
2.2
7.7

Finished goods
180.6

Manufacturing
Durable goods
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Other durable goods1
Nondurable goods
Food and kindred products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastic products
Other nondurable goods2

8.0
10.5
21.2
14.9
4.1
6.2
24.3

93.0
8.1
10.9
22.9
16.1
4.1
6.3
25.0

88.0
8.1
10.3
21.2
14.7
4.0
5.8
24.2

8.0
10.5
21.2
14.9
4.1
6.2
24.3

8.2
10.6
22.1
15.3
4.3
6.4
24.7

8.1
10.8
22.6
15.5
4.3
6.6
25.0

93.0
8.1
10.9
22.9
16.1
4.1
6.3
25.0

84.7
21.4
7.2
25.6
5.3
8.0
17.1

85.8
20.8
7.4
26.4
5.5
8.1
17.3

21.3
7.1
25.2
5.3
8.0
16.9

7.2
25.6
5.3
8.0
17.1

85.4
21.4
7.4
25.9
5.4
8.0
17.0

85.3
21.3
7.4
26.0
5.3
8.1
17.0

85.8
20.8
7.4
26.4
5.5
8.1
17.3

p

Preliminary.
Revised.
1. Includes lumber and wood products; furniture and fixtures; stone, clay, and glass products; instruments and
related products; and miscellaneous manufacturing industries.
2. Includes tobacco manufacturers; textile mill products; apparel products; printing and publishing; and leather
and leather products.
r

NOTE.—Manufacturing inventories are classified by the type of product produced by the establishment holding
the inventory.
Chained (1996) dollar inventory series are calculated to ensure that the chained (1996) dollar change in inventories for 1996 equals the current-dollar change in inventories for 1996 and that the average of the 1995 and 1996
end-of-year chain-weighted and fixed-weighted inventories are equal. Chained (1996) dollar final sales are calculated
as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided
by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.

SURVEY OF CURRENT BUSINESS

January 2001

Annual Input-Output Accounts of the
U.S. Economy, 1997
By Peter D. Kuhbach and Mark A. Planting

O

18, 2000, the Bureau of Economic Analysis (BEA) released the 1997 annual input-output (I-O) accounts for the U.S.
economy. These accounts, which present estimates
for 94 industries, are based on the 1992 benchmark 1-0 accounts and are prepared using 1997
estimates of industry and commodity output and
the 1997 estimates of gross domestic product
(GDP) from last summer's annual revision of the
national income and product accounts.1 The 1997
I-O accounts are the second annual update of the
1992 benchmark I-O accounts.2

Highlights from the release of these accounts include the following:
• In terms of use, the fastest growing commodities in 1992-97 were among those that are
frequently associated with high technologycomputers, electronics, and data-processing
services.
• The use of commodities that are often associated with outsourcing—data-processing services and other business and professional
services—also grew rapidly in 1992-97.
• The I-O accounts now include a new table
that provides total requirements multipliers
on an industry-by-industry basis; this information is useful for analyzing industry-toindustry linkages.
The I-O accounts provide estimates of domestic
production by commodity and industry, the export and import of commodities (goods and services), the use of commodities by each industry,

N DECEMBER

1. For an overview of the I-O accounts, see Ann M. Lawson, "Benchmark
Input-Output Accounts for the U.S. Economy, 1992: Make, Use, and Supplementary Tables," Survey of Current Business 77 (November 1997): 36-82; and
"Benchmark Input-Output Accounts for the U.S. Economy, 1992: Requirements
Tables," Survey 77 (December 1997): 22-47. For information on last summer's
annual revision, see Eugene P. Seskin and David F. Sullivan, "Annual Revision of
the National Income and Product Accounts," Survey 80 (August 2000): 6-139.
2. Sumiye Okubo, Ann M. Lawson, and Mark A. Planting, "Annual InputOutput Accounts of the U.S. Economy, 1996," Survey 80 (January 2000): 37-86.

Table A.—The Use of Commodities by Industries, 1997
[Millions of dollars]
Industriesl

Agriculture

Mining

Construction

Manufacturing

Transportation,
communication,
and
utilities

Final uses (GDP)

Trade

Finance,
insurance,
and real
estate

Services

Other2

Total
intermediate
use3

Personal
Gross
Change in
consumpprivate
private
tion
fixed
inventories
expendiinvestment
tures

Exports
of
goods
and
services

Imports
of goods
and
services

Government
consumption
expenditures and
gross
investment

3,697

23,495

-22,910

2,602

41,619

6

7,755

-64,199

-457

-55,653

163,793

207,157

728,752

944,308

207,125 1,583,097

3,807,147

562,601

1,231,397

GDP4

Total
commodity
output4

Commodities
Agricultural products

75,136

68

5,389

149,211

129

1,579

10,077

11,380

519

253,487

34,735

366

32,553

6,838

114,592

62,084

32

5

31

2,946

219,446

105

3,433

4,667

910

27,284

44,440

11,644

71,490

27,059

24,630

215,556

280,614 1,372,483

76,942

68,213

19,490

321,518

18,169 2,224,050 1,034,046

Minerals
Construction

1,138

38,559

527,893

-769,466

16,523

1,272

69,732

-14,026

106,057

6,073

73,343

19,617

21,491 1,050,306

1,499,166

69,079

-6,551

36,709 1,423,479

2,309,627

3,836 2,066,015

3,390,222

544,940

Manufactured products

51,547

15,073

Transportation, communication, and utilities

12,556

12,774

23,280

177,408

189,881

66,496

49,841

115,845

20,717

668,796

418,531

Trade

14,741

3,803

75,419

233,912

17,528

31,455

4,821

64,471

2,712

448,860

823,726

21,530

28,676

15,282

68,253

36,873

101,356

384,113

223,024

7,042

886,148 1,280,702

43,539

8,169

5,766

91,581

229,463

131,390

200,523

172,740

472,863

160

26

1,020

13,218

3,016

10,713

24,350

23,638

2,788

78,927

-94

59

1,732

20,768

22,794

6,986

7,424

4,935

1,410

66,109

43,989

Total intermediate inputs

187,696

105,138

500,334 2,406,591

585,077

498,996

Value added3

110,194

69,732

443,974 1,477,593

613,228

996,291 1,605,509 1,938,409 1,063,511

Total industry output4

297,890

174,870

. ...

Finance, insurance, and
real estate
Services
Other

2

Noncomparable imports

744,349 1,264,765

The input-output (I-O) accounts use two classification systems, one for industries and another for commodities,
but both systems generally use the same 1-0 numbers and titles.
2
"Other" consists of government enterprises, general government industry, household industry, and the inventory
valuation adjustment.




11,713 1,324,207 1,893,544

70,570

139,971

318

35,226

-6,880

-46,033

13,002

95,055

-5,837

928,245

984,337

-120,721

10,623

-66,110

1,063,264

92,643 6,385,588

944,308 3,884,184 1,198,305 1,495,287 2,349,857 3,203,175 1,156,154

1

74

521,520

295,106

3

5,529,283

1,327,654

62,926

901,651

-990,973 1,487,901 8,318,442

14,704,030

Value added includes: compensation of employees, indirect business tax and nontax liability, and other value
added. "Other value added" consists of the following national income and product accounts components of gross
domestic income: Consumption of fixed capital, net interest, proprietors' income, corporate profits, rental income of
persons, business transfer payments, and subsidies less current surplus of government enterprises.
4
Detail may not sum to totals due to rounding.

10

•

January 2001

SURVEY OF CURRENT BUSINESS

Table B.—Commodity Output, Imports, and Total Consumption, 1992,1996, and 1997
[Millions of dollars]

Output

Commodity
number

Total consumption

Imports

Description
1992

1996

1997

1992

1996

10,857,353

13,789,458

14,704,030

631,637

904,689

990,973

11,487,126

14,682,707

15,670,636

235,591
89,375

287,694
96,065
137,455
14,536
39,638

295,106
100,418
136,349
14,925
43,414

14,601
2,061
6,860
5,659
21

20,468
2,420
10,614
7,423
11

22,910
2,558
11,969
8,371
12

245,345
90,579

104,546
11,865
29,805

107,371
17,569
29,826

303,155
99,756
141,800
21,950
39,649

314,319
103,363
144,299
23,231
43,426

147,562
10,739
26,917
97,623
12,283

162,445
12,839
22,908
112,299
14,400

163,793
12,879
22,973
112,799
15,143

43,527
-1,488
133
43,984

64,795
-2,087
286
65,560

64,199
-1,921
306
64,550
1,263

191,196
9,275
27,053
141,712
13,156

226,216
10,831
22,933
177,516
14,936

227,987
10,945
23,237
177,546
16,259

679,330
456,949

867,665
588,735

944,308
640,725

679,330
456,949

867,665
588,735

944,308
640,725

222,381

278,930

303,583

222,381

278,930

303,583

2,890,437
22,217
408,757
40,147
37,528
17,983
68,637
21,021
87,127
42,849
98,497
31,743
19,895
81,202

3,592,909
18,302
464,948
39,782
40,813
21,050
71,155
24,968
111,795
54,527
116,899
39,233
22,485
95,247
134,434
22,556
63,071
77,890
48,232
17,627
173,581

3,807,147
18,827
485,921
41,558
44,147
21,522
71,751
27,251
117,788
60,223
114,078
38,413
24,336
98,353
149,370
24,613
67,749
85,355
52,380
18,346
175,401

4,272,672
19,033
489,164
40,547
45,853
23,079
120,702
28,655
124,166
63,993
132,286
39,691
22,763
97,435
153,943
26,128
69,389
96,594
50,649
17,837

147,440
9,007
21,609
58,228
97,252
83,073
13,298
65,017
46,842
75,433
23,890
46,356
12,414
37,404
33,514
39,519
38,101
93,717
36,571
38,562
20,425
23,424
77,999

4,538,054
20,673
512,209
41,250
49,550
23,863
124,639
31,268
130,466
71,574
128,036
38,609
24,681
99,669
170,720
27,406
74,491
109,561
55,009
18,654
188,880
175,471
27,203
26,012
69,356
118,840

121,203
90,630
37,543
118,833
23,783
47,510

156,843
9,532
22,613
62,304
102,368
87,421
13,021
71,140
52,688
78,094
24,588
53,075
13,945
40,374
33,615
40,658
36,739
98,123
36,268
39,837
20,683
25,059
89,145
143,250
27,685
221,259
129,174
102,433
41,688
123,806
22,644
49,696

3,372,470
24,881
430,457
39,597
41,448
19,843
103,224
23,421
93,607
48,690
108,441
31,713
20,156
82,232
127,005
20,333
54,532
74,222
42,423
14,537
161,367
124,071
22,031
19,955
47,038
85,154
75,433
13,429
50,168
36,975
64,961
20,492
35,423
9,799
32,155
26,205
37,554
26,900
96,016
27,879
33,792
21,001
23,899
76,016
93,923
29,314

1,164,109
76,283
199,889
36,820
124,344
35,761
287,528
4,487
226,065
110,677
62,256

1,231,397
78,362
211,866
37,136
137,175
37,648
314,228
5,180
232,885
111,176
65,740

1992
ALL COMMODITIES

1996

1997

1997

AGRICULTURE, FORESTRY, FISHERIES
Total
Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
MINING
5+6
7
9+10

Total
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining

1,036

CONSTRUCTION
Total
New construction, including own-account construction
Maintenance and repair construction, including own-account
construction
MANUFACTURING
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27A
28
29A
29B
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
59A
59B
60
61
62
63
64

Total
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles-passenger cars and trucks
Truck and bus bodies, trailers, and motor vehicle parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing

113,359
17,850
50,944
62,321
40,557
14,379
149,831

111,813
9,538
17,981
42,291
73,922
64,813
13,238
49,050
34,564
56,518
17,895
30,946
8,290
27,046
20,218
29,678
24,946
62,088
25,801
28,574
16,833
19,055
50,981
73,298
21,103
149,684
81,258
102,154
29,907
107,915
22,745
39,450

129,439
26,005
200,277

485,599

699,278

809
21,850
1,587
4,397
1,879
38,484
2,870

947
26,326

7,143
6,026

12,814
9,718
14,824

10,715
247
199
1,783
14,375
2,330
3,827
13,193
2,052
200
11,582
13,253
12,824
2,159
4,551
10,893
10,228
201
1,008
2,628
8,510
2,413
4,754
1,468
5,127
5,881
7,796
1,895
32,687
2,243
5,295
4,072
4,985

25,409
20,574
8,062
58,285

1,023
4,386
2,128
49,791

3,789

498
232
2,579
20,573
3,485
6,433
20,317
2,779
386
14,104
18,452
16,928
3,333

6,618
17,231
16,476

289
1,947
2,764
12,447
3,542
8,386
2,570

9,959
8,704
12,231

2,359
60,672
3,218
8,577
5,731
6,807
33,584
41,187
11,099
81,012

21,743
12,153
2,693
14,773
8,153
23,335

30,924

7,932
164
2,059
-3,530
8,544

12,563
189

11,712

4,718
19,456
10,575
28,638

769,466
1,075
28,225
1,411

5,349
2,481
56,319
4,505
14,330
11,354
15,056
520
222
2,822
22,147
3,275
7,283
26,766
3,019

459
13,656
20,071
17,976

3,698
7,563
18,137
18,392
304

2,059
2,751
14,631
3,688
9,919
2,949
10,982
9,782
12,505
2,587
68,245
3,253

9,492
6,151
7,332
35,181
43,947
11,958
87,956
31,780
15,475
4,651
21,696
11,176

32,905

206,855
103,221
122,318
32,898
122,916
30,530
62,020

185,830
164,922
25,673
24,755
64,471
113,207
99,098
1,359
66,419
49,403
86,801
27,324
54,108
14,973
47,199
42,384
51,354
40,079
155,644
39,427
47,038
26,144
30,127
111,306

170,766
36,765
280,990

105,008
13,227
72,426
55,184
91,900
28,469
60,911
16,777
50,965
42,951
52,772
39,001
164,058
39,425
49,163
27,033
32,262
123,244

151,351
99,933
41,942
138,240
34,304
75,193

185,465
39,448
306,946
160,379
116,608
45,577
145,376
33,347
82,040

1,175,032
76,502
201,404
32,383
137,016
35,734
287,528
4,487
227,055
110,668
62,256

1,244,152
78,371
212,908
33,089
151,817
37,658
314,228
5,180
233,984
111,177
65,740

TRANSPORTATION, COMMUNICATION AND UTILITIES
65A
65B
65C
65D
65E
66
67
68A
68B
68C

Total
Railroads and related services; passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services-utilities
Gas production and distribution-utilities
Water and sanitary services




932,030
62,058
157,110
34,347
98,819
28,966
205,941
2,674
195,695
96,155
50,265

695
1,218

14,026

1,868
-4,425
12,723

194
1,985
-4,038
14,786

990

1,100

939,006
62,087
158,540
30,781
107,226
28,958
205,941
2,674
196,390
96,144
50,265

SURVEY OF CURRENT BUSINESS

11

January 2001

Table B.—Commodity Output, Imports, and Total Consumption, 1992,1996, and 1997—Continued
[Millions of dollars]
Output

Commodity
number

1992

1996

Total consumption

Imports

Description
1997

1992

1996

1997

1992

1996

1997

WHOLESALE AND RETAIL TRADE
Total

69A Wholesale trade
Retail trade

70A
70B
71A
71B

FINANCE, INSURANCE, AND REAL ESTATE
Total
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties

1,095,148
568,970
526,178

1,457,204
769,833
687,371

1,499,166
804,290

-18,317
-18,317

-19,221
-19,221

-19,617
-19,617

1,074,173
547,995
526,178

1,435,970
748,598
687,371

1,473,476
778,600
694,876

1,639,416
390,774
231,654
457,250
559,738

2,115,020
555,217
304,295
561,548
693,960

2,309,627
639,350
337,367
591,837
741,073

1,412
265
1,136

4,199
526
3,662

6,551
889
5,646

11

11

16

1,640,828
391,039
232,790
457,250
559,749

2,119,219
555,743
307,957
561,548
693,971

2,316,178
640,239
343,012
591,837
741,089

2,388,808
58,936
92,016

3,133,709
72,325
115,200

3,390,222
77,855
119,364

4,027

6,265

6,880

2,392,872
58,936
92,016

3,139,880
72,325
115,200

3,396,784
77,855
119,364

152,744
252,597
332,385
138,530
282,017
164,408
122,937
564,607
227,631

254,081
312,734
478,767
175,210
337,370
236,460
175,505
684,210
291,848

305,384
338,350
533,214
186,963
357,943
251,976
190,881
726,052
302,241

225
839
1,632
615

449
1,608
2,124
1,246

497
1,626
2,449
1,361

6
248
13
449

2
402
426

3
371
9
564

153,010
253,436
334,017
139,145
282,017
164,410
123,185
564,620
228,080

254,440
314,341
480,891
176,455
337,370
236,460
175,907
684,218
292,274

305,568
339,977
535,663
188,324
357,943
251,974
191,252
726,060
302,805

849,031
50,200
30,162

1,008,705
67,101
39,431

92,856

116,342

126,559

2,457
886,742

111,687
2,746

120,721
4,608

90,036
5,797

47

40

948,340
50,200
30,162
111,687
3,392
764,389
74
10,087

1,123,384
67,101
39,431
120,721
6,093
886,742
47
12,284

1,176,821
74,750
43,561

2,175
764,389

1,063,264
74,750
43,561
90,036
1,542
920,196

SERVICES
72A
72B
73A
73B
73C
73D
74
75
76

77A
77B

Total
Hotels and lodging places
Personal and repair services-except auto
Computer and data processing services, including own-account
software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
SPECIAL INDUSTRIES
Total
Federal Government enterprises
State and local government enterprises
Noncomparable imports
Scrap, used and secondhand goods
General government industry
Rest of world adjustment to final uses
Household industry
Inventory valuation adjustment

10,087
-7,982

12,284
690

12,464
10,751

NOTE—Total consumption of commodities is equal to commodity output plus imports less the change in private
inventories. The change in private inventories is not shown separately in this table.

the commodity composition of GDP (final demand), and the industry distribution of value
added. The annual I-O accounts are used in a variety of analytical and statistical contexts, including
studies of interindustry relationships within the
economy and as the basis for developing satellite
accounts on particular aspects of economic activity.
The 1997 annual 1-0 tables
The full 1997 annual I-O accounts are presented in
eight tables.3 Two make tables, one that is based on
I-O definitions of industry inputs (table 1) and an
alternative that is based on the Standard Industrial
Classification (SIC), show the commodities produced by each industry; two use tables, one on the
I-O basis (table 2) and one on the SIC basis, show
the commodities that are consumed by each industry 4 (Table A provides a summary version of
the use table.)
3. Tables 1, 2, and 8 are at the end of this article. All eight tables are available
electronically; see the box "Data Availability" on page 15.
4. The alternative tables conform more closely to the current SIC establishment-based data collection system by showing the primary and secondary
products in the industries that produce them. As a result, the industry definitions, which are used to determine the columns of the use table and the rows of
the make table, may differ from those used in the traditional I-O tables.




Four requirements tables are derived from the
make and use tables. The direct requirements table
shows the amount of a commodity that is required
by an industry to produce a dollar of that industry's output. The three total requirements tables
show the production that is required, directly and
indirectly, to meet purchases from final demand.
The new table "Industry-by-Industry Total Requirements" (table 8) presents these total requirements with final-demand purchases classified by
industry. This presentation is frequently used in
I-O analysis when data on purchases are available
only as purchases from industries rather than as
purchases of commodities; it is also used to analyze industry-to-industry interdependencies or
"linkages"—for example, the purchases of one industry's output by all other industries or the purchases of all other industries' output by one
industry.
The presentation of the annual I-O tables is
generally the same as that of the benchmark I-O
tables, but the information is less detailed. The annual I-O tables present summary estimates for 94
industries, while the benchmark I-O tables present
more detailed estimates for 498 industries.5 The

5,088
920,196
40
12,464

12

January 2001

SURVEY OF CURRENT BUSINESS

Table C—Commodity Consumption by Major Sector 1992,1996, and 1997
[Millions of dollars]
Total intermediate input use
Commodity
number

Personal consumption
expenditures

1992

1996

Government consumption expenditures and gross
investment

Gross private fixed investment

Exports of goods and services

851,785 1,212,697 1,327,654

602,609

810,729

901,651

19,857
800
16,116
2,880
61

23,001
796
19,588
2,588
29

23,495
967
20,223

833
201
582
-1,676
1,726

2,446
299
1,013
-1,284
2,418

2,602
266
1,125
-1,228
2,439

8,202
1,104
3,122
3,290

8,124
1,129
2,534
3,734
727

7,755
1,306
2,344
3,322
783

-212
-147
77
-202

-568
-298
81
-418

-457
-282

Description
1997

1997
ALL COMMODITIES

4,555,250 5,976,283 6,385,588 4,208,718 5,237,500 5,529,283

1,265,199 1,421,944 1,487,901

AGRICULTURE, FORESTRY, FISHERIES
Total
Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services

34,735
4,398
25,025
4,344
968

197,601
85,869
71,142
13,280
27,310

240,282
93,913
93,416
16,650
36,303

253,487
97,732
97,925
17,843
39,986

183,026
8,268
23,786
138,601
12,371

217,545
9,048
20,265
174,136
14,097

219,446
8,973
20,756
174,357
15,361

159,618

197,307

215,556

360,278

481,126

521,520

159,357

189,135

207,157

170

236

340

339,916

451,315

488,457

116,863

137,184

151,928

159,448

197,071

215,216

20,362

29,811

33,063

42,494

51,951

55,229

339,058

505,582

544,940
291

27,054
3,709
19,531
3,085
729

33,361
4,748
23,718
3,996
900

MINING
5+6
7

Total
Metallic ores mining .,
Coal mining
8Crude petroleum and natural gas
Nonmetallic minerals mining

1,017
953

105
55
50

-321
64

CONSTRUCTION
Total
New construction, including own-account construction
Maintenance and repair construction, including
own-account construction
MANUFACTURING
Total
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural
metal products
41 Screw machine products and stampings
42 Other fabricated metal products
43 Engines and turbines
44+45 Farm, construction, and mining machinery
46 Materials handling machinery and equipment
47 Metalworking machinery and equipment
48 Special industry machinery and equipment
49 General industrial machinery and equipment
50 Miscellaneous machinery, except electrical
51 Computer and office equipment
52 Service industry machinery
53 Electrical industrial equipment and apparatus
54 Household appliances
55 Electric lighting and wiring equipment
56 Audio, video, and communication equipment
57 Electronic components andaccessories
58 Miscellaneous electrical machinery and supplies
59A Motor vehicles—passenger cars and trucks
59B Truck and bus bodies, trailers, and motor vehicle parts
60 Aircraft and parts
61 Other transportation equipment
62 Scientific and controlling instruments
63 Ophthalmic and photographic equipment
64 Miscellaneous manufacturing

13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40

975,781 1,034,046
1,495
1,330
282,777
273,979
31,748
31,677
1,731
6,527
92,502
97,322
13,895
15,477
2,875
3,168
27,911
29,643
17,126
16,625
471
383
17,424
15,959
21,669
19,806
2,170
2,390
1,430

1,639,510 2,117,701 2,224,050
690
465
385
178,591
153,699
190,896
2,667
3,348
3,479
40,823
37,127
43,804
11,669
10,074
11,954
19,080
16,628
17,179
13,058
10,770
14,014
105,766
80,245
110,878
8,630
10,408
5,479
99,029
94,820
80,994
37,680
36,560
30,352
5,314
5,345
4,401
65,396
64,585
56,500
118,689
132,738
97,797
20,084
20,695
15,545
57,104
61,022
46,036
22,679
28,240
17,620
10,533
11,786
8,826
15,700
15,609
12,894
98,762
99,644
83,751
132,294
139,287
99,363
4,328
4,730
3,871
20,512
21,858
16,883
58,800
63,039
42,481
108,287
81,280
113,138
89,416
68,611
94,237
13,215
13,025
12,807

842,150
1,473
248,010
30,395
1,683
5,578
80,934
11,189
2,529
21,623
14,921
381
14,339
15,282
2,154
920
43,864
30,098
480
53,355
15,051
16,491
979
2,570
36
71

56,851
35,198
613
59,995
18,764
19,382
1,437
3,206
42

63,173
37,430
645
62,255
20,302
20,320
1,299
3,432
64
78

326
1,345
4,266

312
1,648
5,415
182
240

559
1,933
5,623
222
258
231

2,715
4,661
16,091

8,955
20,784

1,957

1,779

9,921
23,332

50
70
65

16
52
38
3,612

4,485

342,980
3,592
19,630
5,874
2,359
1,724
4,065
810
5,965
2,633
8,567
691
653
2,984
17,292
3,341
8,477
7,272
2,591
745
9,084
6,905
1,464
1,544
1,713
3,505
6,379
341

465,384
3,343
25,639
6,235
2,958
2,048
6,987
917
6,336
3,215
11,314
1,159
628
3,290
22,862
4,459
12,271
9,885
3,826
1,009
9,925
10,225
1,686
2,174
2,171
4,338
9,085
302

527,893
3,237
27,513
6,062
3,208
2,321
8,234
1,003
6,185
3,865
11,582
1,304
791
3,635
25,220
4,638
13,453
10,384
4,513
1,185
10,244
11,932
1,863
2,518
2,455
5,049
10,214
328

208,772
19,322
9,118
-20
279
124
1,597
652
207
2,864
3,959
289
763
7,466
7,805
527
19
5,466
908
418
15,177
2,537
205
549
274
317
320
25

208,251
13,648
10,956
-31
341
119
2,133
785
233
3,454
4,817
382
861
8,943
8,222
690
14
7,179
1,092
515
17,148
3,342
276
632
294
515
449
28

207,125
15,265
11,023
-38
640
171
1,905
774
314
4,326
5,010
363
1,121
9,780
9,249
642
16
7,764
1,280
1,214
16,737
3,616
290
336
429
538
409
27

2,713
1,353
7,643
8,309
12,391
1,869
5,270
8,473
10,701
3,272
37,079
4,712
5,524
2,940
4,125
16,432
32,351
8,287
24,583

3,356
1,492
8,428
9,890
14,979
2,284
6,139
8,624
12,403
4,033
40,337
5,238
6,479
3,055
4,522
19,525
39,093
8,817
25,125

319
2,125
1,354
2,169
80
464
414
777
1,113
6,795
1,334
1,508
246
1,063
8,253
2,157
1,881
7,991

786
377
2,642
894
2,653
72
550
610
1,009
1,080
8,448
1,886
1,547
305
1,329
10,705
1,413
1,799
9,112

816
322
2,787
729

8,069
1,191
1,885
272
1,269
11,639
1,312
1,962
9,559

2,509
37,591
9,753
30,396
4,333
2,292

2,782
31,054
9,271
23,095
5,025
2,774

2,787
26,696
8,813
20,773
4,497
2,701

3,271
17,803
5,743
17,652
16,820
11,300
700
36,169
7,376
6,826
2,668
283
24,513

3,462
3,790
32,594
9,071
27,539
25,835
15,967
728
58,280
10,558
8,523
3,699
360
40,882

3^454
3,656
36,096
10,017
29,340
27,042
17,066
832
64,375
10,000
9,505
3,425
288
44,024

2,058
75,132

1,868
127,634

2,516
137,584

2,061
2,171
4,849
5,419
9,002
1,302
3,686
4,510
7,834
1,962
22,925
3,320
4,083
2,329
2,839
9,551
16,150
5,702
16,336

5,728
219
17,128
6,487
7,815
49,611

4,981
13,676
4,741
43,637
6,915
5,365

9,527
11,072
9,167
50,555
7,635
7,180

8,963
13,838
10,644
54,616
7,746
7,299

16,995
40,656
3,354
17,864
3,453
4,427

24,614
36,153
3,598
25,148
4,187
5,370

28,633
48,545
4,388
28,631
4,322
6,623

394,160

418,531

11,717

15,712

16,523

54,322

66,155

69,732

69,794

70,569

24,222
31,618
6,167
46,198

25,156
33,873
6,081
52,422

957
4,138
18
1,539

1,293
5,834
6
2,320

1,278
5,837

3,973
10,161

5,457
13,195
10,475
28,941

5,349
14,754
10,243
30,591

5,201
7,620
2,048
6,464

6,459
7,297
2,321
7,637

7,186
2,208
7,659

3,474
90,397
1,839
79,337
29,537
20,464

4,318
123,489
3,033
93,292
35,458
26,364

4,326
134,243
3,433
93,742
36,565
28,692

5,065

6,259

"-6"884

2,700
3,596

3,084
4,235

3,090
4,931

240
11,809

294
16,158

267
548
65

301
403
64

283
428

17,918
4,115
2,684

22,958
5,322
1,348

22,569
5,087
1,205

629,893
158,445
471,448

809,435
199,023
610,413

823,726
206,570
617,156

44,746
44,726
20

66,757
29

73,343
73,311
32

16,558
16,088
470

21,802
21,800
2

21,491
21,489
2

43,481
33,140
51,306
10,279
6,049
2,674
9,666
4,224
17,643
22,989
24,759
14,939
21,175
2,658
17,691
12,017
75,400
13,375
1,844

57,469
46,025
67,639
14,149
6,230
3,960
12,808
7,209
23,677
34,863
41,314
20,838
31,181
3,822
22,093
16,525
136,813
17,541
2,259

63,210
51,437
71,608
13,972
6,693
4,393
13,720
6,732
22,406
33,031
39,902
21,846
31,026
4,325
24,035
21,231
144,815
17,956
2,747

687
237

'"i"032
257

136
5,368
910
200
13,100
2,023
21,682
216
6,298
105,552

135
10,523
1,434
264
15,378
2,220
26,764
117,402

120
11,375
1,150
269
15,956
2,149
26,825
245
8,196
131,931

74,459
29,930
3,092
25,540
9,589
13,526

108,729
21,268
4,084
33,142
10,279
14,804

114,268
27,310
4,604
34,869
8,967
15,807

4,277
465
11,958
5,479
6,240
36,410

5,723
385
15,822
6,300
7,178
45,066

501,698

629,211

668,796

313,170

32,452
110,656
12,771
39,502

39,070
143,460
13,414
51,919

40,100
151,259
14,552
58,626

19,504
25,965
6,249
36,404

22,544
95,074

28,037
137,388
1,454
110,504
69,485
34,481

29,961
150,284
1,747
117,390
69,097
35,780

439,172
387,051
52,121

448,860
394,971
53,889

2J415

674
322

TRANSPORTATION, COMMUNICATION AND
UTILITIES

65B
65C
65D
65E
67
68A
68C

Total
Railroads and related services; passenger
ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services—utilities
Gas production and distribution—utilities
Water and sanitary services

61,944
27,052

2,519

WHOLESALE AND RETAIL TRADE
Total
Wholesale trade
Retail trade




320,451
280,569

62,525
48,167
14,358

98,774
73,967
24,807

106,057
82,260
23,797

SURVEY OF CURRENT BUSINESS

January 2001

13

Table C.—Commodity Consumption by Major Sector 1992,1996, and 1997—Continued
[Millions of dollars]
Total intermediate input use
Commodity
number

Personal consumption
expenditures

Gross private fixed investment

Exports of goods and services

Description
1992

1996

Government consumption expenditures and gross
investment

1992

1996

1997

1992

1996

28,407

39,368

43,539

39,510
17,142
1,685

26,922
3,384

69,079
30,822
3,515

12,136
2,829

37,871
15,703
2,934

43,539

20,683

33,579

34,742

13,723

"19,234

80,020

117,681

139,971

19,530
48
42

26,179
68
32

35,226
114
74

9,397
1,747
2,793

-13,083
1,380
3,781

3,836
1,613
3,622
51,585

FINANCE, INSURANCE, AND REAL ESTATE
70A
70B
71A
71B

Total
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties

584,145
163,754
90,095

791,422
248,812
129,325

288,601
146,682

330,296

"41 £285

450,865

960,078 1,186,672 1,280,702
304,148
264,306
198,007
189,765
172,314
138,181
591,837
561,548
457,250
194,952
188,505
166,640

870,832 1,214,045
27,260
33,466
23,579
29,041

1,324,207
36,057
30,108

1,413,094 1,795,058 1,893,544
40,071
29,881
37,412
85,560
65,602
82,345

28,407

36,709
16,669
3,050

SERVICES
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B

Total
Hotels and lodging places
Personal and repair services—except auto
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations

50,237

100,383

120,766

2,444

6,867

8,476

64,235

98,142

120,335

3,092

3,904

4,406

33,003

45,143

179,136

223,797

245,113

45,781

52,827

56,367

15,785

19,539

19,636

5,013

7,691

8,542

7,721

10,489

10,318

271,050
136,364
41,383
70,073
41,927
13,484

409,128
172,547
43,837
95,999
63,645
14,803

453,549
184,119
47,969
99,065
66,266
15,923

20,917
676
242,151
90,099
78,466
611,328

27,317
947
295,680
133,963
108,225
760,000

28,581
1,053
311,168
146,108
117,315
798,000

5,677
531
328
34
4,289
26

5,847
826
417
898
5,951
21

921
710
1,183
9,380
204

36,373
1,574
-1,845
4,204
-1,497
-60,218

38,599
2,136
-2,565
5,599
-1,914
-90,607

44,447
2,231
-1,905
5,618
-1,709
-88,067

16,339

27,397

25,272

225,749

289,476

300,845

450

524

607

-14,458

-25,124

-23,918

129,599
53,542
6,448
60,727

145,037
61,052
10,107
66,110
7,768

23,172
6,881
22,489
33,009
17,187

42,934
8,328
31,863
40,195
34,186

43,894
8,511
32,220

73,385

91,118
274

95,055
273

-66,481
10,087

-83,923
12,284

-87,844
12,464

783,707
3,683
863
12,063
3,479
764,389
-770

906,297
4,956
1,120
10,765
3,418
886,742
-704

4,914
1,234
10,623
2,724
920,196
-823

SPECIAL INDUSTRIES
Total
Federal Government enterprises
State and local government enterprises
Noncomparable imports
Scrap, used and secondhand goods
General government industry
Rest of world adjustment to final uses
Household industry
Inventory valuation adjustment

39,448
6,810
44,964
7,147

-46,033

-30,293

-30,293

-46,563

-46,033

5,872

6,171

6,075

67,325

"84^673

"88707

NOTE—Total consumption is defined as total domestic commodity output plus imports less change in private inventories, and it is equal to the sum of total intermediate use, personal consumption expenditures, gross private
fixed investment, exports, and government purchases.

annual use table presents 11 categories of final
uses, while the benchmark use table presents 203
categories.6 The annual use and total direct requirements tables present estimates of total value
added by industry, while the corresponding
benchmark tables also decompose the total value
into detailed estimates of value added for compensation of employees, indirect business tax and
other nontax liability, and other value added.
The estimates of commodity output and industry output in the make and use tables and the estimates of final uses in the use table are based on
annual source data. Most of the other estimates are
based on updated relationships from the 1992
benchmark 1-0 accounts.7

commodities used by the business sector to produce GDP (intermediate demand). Changes in the
use of commodities provide information about
changes in the structure of the economy and about
the effect of these changes on production and economic growth. For example, a recent study of the
contribution of computer and data-processing services to economic growth used I-O tables for
1972-96.8 Another study used the same set of tables to evaluate changes in the level of interindustry linkages and the effect of international trade on
those linkages; the study shows that U.S. domestic
industry interdependencies decreased over the period, partly as the result of declining manufacturing production and increased import penetration.9

Uses of the I-O accounts

Changes in the composition of total consumption,
1992-97

The I-O accounts are an important tool for economic analysis because they show the interdependence among producers and consumers in the U.S.
economy. The accounts show the commodity
composition of GDP (final demand), and the
5. Detailed 1997 I-O estimates for 498 industries have been prepared for use
in research (see the box "Data Availability").
6. The benchmark I-O tables include 136 categories for personal consumption expenditures, 26 categories for structures, and 30 categories for private
fixed investment and software.
7. "Final uses" in the I-O accounts are the same as the "product-side" components of GDP in the NIPA's.




The series of I-O accounts can be used for comparisons of the structure of the U.S. economy over
time. Changes in the use of commodities by the
8. Laurence R. Klein postulates that I-O measures of deliveries of computer
and data-processing services to other intermediate sectors and to final-demand
sectors indicate the diffusion of information technology; Laurence R. Klein,
"Sustainability and Global Reach of IT" (paper presented at the WEFA Annual
Symposium on International Issues, New York, October 2000).
9. Jiemen Guo and Mark A. Planting, "Using Input-Output Analysis to Measure U.S. Economic Structural Change Over 25 Years" (paper presented at the
th
13 Internationa] Conference on Input-Output Techniques, Macerata, Italy,
August 21-26, 2000).

14

SURVEY OF CURRENT BUSINESS

January 2001




economy, both domestically and for export, are
measured by changes in the composition of total
consumption (table B).10 Comparisons over time
of the consumption of commodities by sector provide indications of where structural changes are
occurring (table C).
Over 1992-97, total commodity consumption
grew at an average annual rate of 6.4 percent (table
D). The consumption of services commodities (6.6
percent) grew faster than that of goods commodities (6.1 percent). Among the major commodity
groups, the fastest rates of change were in "services" (7.3 percent) and finance, insurance and
real estate (7.1 percent). Over the last year of the
period, 1996-97, the fastest growth was in finance,
insurance, and real estate (9.3 percent), transportation, communication, and utilities (8.8 percent),
construction (8.8 percent), and "services" (8.2 percent).

10. Total consumption is defined as total domestic commodity output plus
imports less change in private inventories, and it is equal to the sum of total
intermediate use and the four final-use sectors—personal consumption expenditures, gross private fixed investment, exports, and government purchases.

Table D—Commodity Consumption Growth Rates by Major
Commodity Group, 1992-97
Consumption
average annual
rate of growth
(percent)

Commodity

1992-97 1996-97

All commodities
Goods commodities
Agriculture, forestry, fisheries
Mining
Construction
Manufacturing
Services commodities
Transportation, communication, and utilities .
Wholesale and retail trade
Finance, insurance, and real estate
Services
Special industries

6.4
6.1
5.1
3.6
6.8
6.1
6.6
6.8
6.5
7.1
7.3
4.4

6.6
6.3
3.7
0.8
8.8
6.2
6.8
8.8
2.6
9.3
8.2
4.8

The 15 commodities that accounted for at least
1 percent of total supply in 1997 and that grew
faster than the overall commodity average in
1992-97 are shown in table E. These commodities
included the following "high technology" commodities—computer and office equipment, electronic
components
and
accessories,
"communications, except radio and TV," and
"computer and data-processing services, including
own-account software." Consumption of these
four commodities grew 12.0 percent, almost twice
the rate of growth of all commodities, and the
group's share of total consumption grew from 5
percent in 1992 to 6 percent, or $969.3 billion, in
1997.11
Among these commodities were at least two services that are often associated with "outsourcing"—other business and professional services
and, again, "computer and data-processing services including own-account software." Consumption of these two commodities grew at an average
annual rate of 11.6 percent in 1992-97 and 14.4
percent in 1996-97. These commodities accounted
for 5 percent, or $841.2 billion, of total consumption in 1997, up from 4 percent in 1992.
These commodities also include finance, which
grew at an average annual rate of growth of 10.4
percent over 1992-97 and accounted for 4.1 percent of total consumption in 1997. This commodity includes banking, credit agencies other than
banking, and security and commodity brokers.
Most of the above-average growth in finance was
accounted for by rapid growth in the use of security and commodity brokers services—particularly

11. In real terms, the growth rates of these commodities is much faster
because of the declining prices of computers, electronic components, telecommunications services, and software.

Table E.—Commodities with Fastest Growing Consumption, 1992-97

Commodity
number

Description

Consumption
average annual
rate of growth
(percent)
1992-97

11
12
32
51
57
59A
59B
66
69A
70A
70B
73A
73C
75
76

New construction, including own-account construction
Maintenance and repair construction, including own-account construction .
Rubber and miscellaneous plastics products
Computer and office equipment
Electronic components and accessories
Motor vehicles—passenger cars and trucks
Truck and bus bodies, trailers, and motor vehicle parts
Communications, except radio and TV
Wholesale trade
Finance .
Insurance
Computer and data processing services, including own-account software .
Other business and professional services, except medical
Automotive repair and services
Amusements

7.0
6.4
7.2
11.3
14.6
8.2
9.2
8.8
7.3
10.4
8.1
14.8
9.9
8.9
9.2

1997

Percent
Consumption
of total
(millions of commodity
dollars)
1996-97
consumption
8.8
8.8
6.4
5.4
8.6
9.2
6.0
9.3
4.0
15.2
11.4
20.1
11.4
6.6
8.7

640,725
303,583
175,471
164,058
185,465
306,946
160,380
314,228
778,600
640,239
343,012
305,568
535,663
251,974
191,252

4.1
1.9
1.1
1.0
1.2
2.0
1.0
2.0
5.0
4.1
2.2
1.9
3.4
1.6
1.2

SURVEY OF CURRENT BUSINESS
securities commissions, underwriting fees, and
other services.
For the six aforementioned commodities, the
rapid growth in consumption can be traced to
growth in demand by both intermediate and final
users (table F). The growth in the consumption of
electronic components and accessories and "other
business and professional services, except medical"
was due to growth in intermediate demand. Final
users were primarily responsible for the increased
consumption of computer and office equipment.
Growth in the consumption of the other three
commodities was the result of growth in demand
from both sources.
Computer and office equipment.—Nearly 90 percent of computer and office equipment was consumed by the intermediate, gross private fixed
investment (GPFI), and export sectors, and both
the GPFI and export sectors grew at rates of at least
12 percent. In addition, personal consumption
expenditures (PCE), which accounted for only 6.9
percent of total consumption, grew 16.2 percent.
Electronic components and accessories.—Nearly
four-fifths of all electronic components and accessories flowed to intermediate uses, and virtually all
of the remainder was exported. Intermediate use
grew 13.9 percent, and exports grew 19.3 percent.
Communications) except radio and TV.—Ninety
percent of "communications, except radio and
TV" was consumed by the intermediate and PCE
sectors, and another 5.7 percent was consumed by
the government sector. Consumption by all three
sectors grew between 8 and 10 percent.

Computer and data-processing services, including
own-account software.—Nearly 95 percent of
"computer and data-processing services, including
own-account software" was used by the intermediate, GPFI, and government sectors; the intermediate and GPFI sectors had a combined growth rate
of more than 16 percent. In addition, PCE (primarily for prepackaged software), which accounted
for only 2.8 percent of total consumption, grew
28.2 percent.
Other business and professional services, except medical.—Over four-fifths of "other business and professional services, except medical" was consumed
in intermediate uses, and consumption by this sector grew 10.8 percent.

Table F.—Consumption Growth Rates by Sector for Selected
Commodities 1992-97

Commodity
number

51

57.

66

Data Availability
The estimates for 94 industries at the input-output
(I-O) two-digit level, including alternative estimates
of the make and use tables on an approximate 1987
Standard Industrial Classification (SIC) basis and
a discussion of the matrix algebra underlying the
derivation of the tables, are available on BEA's Web
site. (Estimates for 498 industries at the 1-0 sixdigit level are also available; these estimates are less
reliable, but they are made available for research
that requires a high level of detail.) Go to
<www.bea.doc.gov>, click on "Industry and wealth
data " and look under "Input-Output data."
The two-digit 1-0 estimates are also available for
$20 on diskette—product number NDN-0271. To
order, call the BEA Order Desk at 1-800-704-0415
(outside the United States, call 202-606-9666).




January 2001

70A

73A

73C

Description

Computer and office equipment:
Total
Intermediate
PCE
GPFI
Exports
Government
Electronic components and accessories:
Total
Intermediate
PCE
GPFI
Exports
Government
Communications, except radio and TV:
Total
Intermediate
PCE
GPFI
Exports
Government
Finance:
Total
Intermediate
PCE
GPFI .
.
Exports ..
Government
Computer and data processing services,
including own-account software:
Total
Intermediate
PCE
GPFI
Exports
Government .
Other business and professional services,
except medical:
Total
Intermediate
PCE
GPFI
Exports
Government

PCE: Personal consumption expenditures
GPFI: Gross private fixed investment

Consumption
1997
growth,
average
annual
Percent
Consumption
rate of
of total
(millions of
growth,
commodity
dollars)
1992-97
consumption
(percent)

11.3
10.0
16.2
12.2
12.0
3.5

164,058
39,902
11,375
64,375
40,337
8,069

100.0
24.3
6.9
39.2
24.6
4.9

14.6
13.9
2.5

185,465
144,815
245

100.0
78.1
0.1

19.3
-9.5

39,093
1,312

21.1
0.7

8.8
9.6
8.2
6.3
6.5
8.7

314,228
150,284
134,243
6,884
4,931
17,887

100.0
47.8
42.7
2.2
1.6
5.7

10.4
12.0
9.0

640,239
288,601
304,148

100.0
45.1
47.5

12.5
6.6

30,822
16,669

4.8
2.6

14.8
19.2
28.2
13.4
7.3
9.3

305,568
120,766
8,476
120,335
4,406
51,585

100.0
39.5
2.8
39.4
1.4
16.9

9.9
10.8
6.4

535,663
453,549
28,581

100.0
84.7
5.3

9.9
4.1

9,086
44,447

1.7
8.3

15

16

SURVEY OF CURRENT BUSINESS

January 2001




Acknowledgments
Mark A. Planting supervised the preparation of the
1997 annual input-output (I-O) estimates. Sumiye
Okubo, Associate Director for Industry Accounts,
and Ann M. Lawson, Chief of the Industry Economics Division, provided overall guidance. Felicia
V. Candela, Peter D. Kuhbach, Tameka R. Lee, Greg
R. Linder, Sherlene K. S. Lum, Demian J. McGarry,
Kimberly A. Mourey, Brian C. Mover, William H.
Nicolls IV, Robert S. Robinowitz, and Regina K. Villasmil prepared the estimates. Karen J. Horowitz
provided valuable assistance. Jiemin Guo of the
Bureau of Transportation Statistics, U.S. Department of Transportation, also contributed to the
preparation of the estimates.

Finance.—The intermediate and PCE sectors
accounted for more than 90 percent of total consumption, and these two sectors averaged over 10percent growth.

annual I-O accounts. These accounts are based on
the 1992 benchmark I-O accounts and on the most
recently revised and updated estimates from the
NIPA's. The annual estimates are based on less
comprehensive and less detailed source data; for
the annual estimates for which data were unavailable, the relationships from the 1992 benchmark
accounts were extrapolated to 1997.
The annual I-O estimates are prepared in five
steps: (1) The output total for each industry and
commodity is calculated; (2) the commodity composition of intermediate inputs for each industry is
estimated; (3) the domestic supply of each commodity is estimated; (4) the commodity compositions of the GDP expenditure components for
PCE, gross private fixed investment, and government consumption and investment expenditures
are derived; and (5) the table is balanced.12
An appendix and tables 1, 2 and 8 follow. [gg|

Methodology for the 1997 annual I-O accounts
The methodology used to prepare the 1997 annual
I-O accounts is similar to that used for the 1996

12. For a more complete description of the methodology see Okubo, Lawson,
and Planting, 42-46.

SURVEY OF CURRENT BUSINESS

January

2001

17

Appendix.—Classification of Industries in the Annual Input-Output Accounts
[An asterisk preceding a Standard Industrial Classification (SIC) code indicates that the SIC industry is included in more than one 1-0 industry.]
1-0
number

1-0 title

Related 1987
SIC codes

AGRICULTURE, FORESTRY, AND FISHERIES
Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services

*01, *02
•01, *02
081,083,091,
097
0254, *0279, 071,
072, 075, 076,
078, 085, 092

MINING
05+06
07
08
09+10

Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining

101-6, *108, 109
121-3, *124
131, 132, *138
141-7, *148, 149

I-O
number
55
56
57
58
59A
59B
60
61

Maintenance and repair construction, including ownaccount construction

*108, *124, *138,
*148, *15, *16,
•17, 6552
•138, *15, *16,
*17

Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment

25
26A
26B
27A
27B
28
29A
29B
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

Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel 225,
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal
products
Screw machine products and stamping
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances

348,3761,3795
20
21
221 4, *226, 228
227, 229

231-8
239
24
25
261,262,263,
267
265
271,272
273-9
281,286,289
287
282
283
284
285
29
30
31
321-3
324-9
331,332,339,
3462

333-6, 3463
341
343, 344
345, 3465-9
342, 347, 349
351

352, 3531-3
3534-7
354
355
356
359
357
358

361,362
363

1. The SIC assigns codes to activities regardless of whether the establishment is owned by private firms or government agency. In the I-O accounts, SIC codes are used only to classify private activities.
2. Noncomparable imports include imported services that are not commercially produced in the United States,
and goods and services that are produced abroad and used abroad by U.S. residents for example, U.S. Federal
Government defense spending abroad.
3. Scrap is a secondary product of many industries, and used goods are sales and purchases typically between
final uses. Industry output is zero because there is no primary producing industry. The sales are shown as negative
values in the use table.




364
365, 366
367
369
3711

3713-5
372, 3764, 3769
3716, 373-5,

Scientific and controlling instruments

3792, 3799
381,382,384,
387

63
64

Ophthalmic and photographic equipment .
Miscellaneous manufacturing

385, 386
39

TRANSPORTATION, COMMUNICATION, AND
UTILITIES

65B
65C
65D
65E
66

Railroads and related services; passenger ground
transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV

67
68A
68B
68C

Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services

69A
69B

Wholesale trade
Retail trade

70A

Finance

70B
71A
71B

Insurance
Owner-occupied dwellings
Real estate and royalties ..

72A
72B
73A

Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services, including ownaccount software
Legal, engineering, accounting, and related services
Other business and professional services, except
medical

65A

MANUFACTURING
13
14
15
16
17
18
19
20+21
22+23
24

Related 1987
SIC codes

62

CONSTRUCTION
New construction, including own-account construction

I-O title

40,41,474
42
44
45
46, 472, 473, 478
481,482,484,
489
483
491, 4931
492, 4932, 4939
494-7

WHOLESALE AND RETAIL TRADE
50,51
52-7, 59

FINANCE, INSURANCE, AND REAL ESTATE
60-2, 67 (excluding 6732)
63,64
65 (excluding
6552)

SERVICES

73B
73C

73D
74
75
76
77A
77B

Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership
organizations

70
72, 762-4
737
81,871,872,89

732-6, 738, 769,
8731,8732,
8734, 874
731
58
75
78,79
074, 80
6732, 82-4, 86,
8733

SPECIAL INDUSTRIES
Federal Government enterprises
State and local government enterprises ....
Noncomparable imports
Scrap, used and secondhand goods
General government industry
Rest of the world adjustment to final uses
Household industry
Inventory valuation adjustment
4. Industry output is defined as the compensation of employees and consumption of fixed capital of general government agencies. The compensation of employees engaged in construction work is included in construction. The
compensation of employees engaged in the production of own-account software is included in computer and data
processing services.
5. The commodity entries include adjustments among PCE and government expenditures to eliminate counting
the expenditures by foreign residents in both exports and PCE or government expenditures.
6. Industry output is defined as the compensation of domestic household workers.
7. The inventory valuation adjustment removes inventory profits and losses from business income.

18

January

2001

SURVEY OF CURRENT BUSINESS

Table 1.-The Make of Commodities
[Millions of dollars

For the distribution of industries producing a commodity,
read the column for that commodity

Industry
number

For the distribution of commodities produced by an industry,
read the row for that industry

Livestock
and
livestock
products

Other agricultural
products

Forestry
and fishery
products

Agricultural,
forestry,
and
fishery
services

Metallic
ores
mining

Crude
petroleum
and
natural gas

Coal
mining

Nonmetallic
minerals
mining

Commodity number
1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A

70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
84
85
T
1

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing .
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances ...
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services; passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services,
including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
General government industry
Household industry
Inventory valuation adjustment
Total commodity output

Less than $500,000.




100,418
136,349

3,432
11,327

New construction,
including
own-account
construction

Maintenance
and repair
construction,
including
own-account
construction

11

12

785
1,642
40,987
12,865
22,961
112,799
14

15,130

3

640,725
303,583

100,418

136,349

14,925

43,414

12,879

22,973

112,799

15,143

640,725

SURVEY OF CURRENT BUSINESS

January

2001

19

by Industries, 1997
at producers' prices]

Ordnance and
accessories

Food and
kindred
products

Tobacco
products

Broad
and
narrow
fabrics, yarn
and thread
mills

Miscellaneous textile
goods
and floor
coverings

Apparel

Miscellaneous fabricated
textile
products

Lumber and
wood
products

Furniture
and fixtures

Paper
and allied
products,
except
containers

Paperboard
containers
and boxes

Newspapers
and
periodicals

Other
printing and
publishing

Industrial
and other
chemicals

Agricultural
fertilizers
and
chemicals

13

14

15

16

17

18

19

20+21

22+23

24

25

26A

26B

27A

27B

934
230

2
4
116
1,880

17,823
10

484,215
41,534
43,351
38
620
125

253
20,278
44
145

242
6
71,422
14

1
6
320

24

1,905
234
351
24,243
4
28
86

7

1

24

14
3

102
250
83

1

1

6
116,249
342
123
10

56
142
59,505
25

1
4
14

2

1
30
4
1
103
2
34
32
16
111,513
90
563
28
1

10

6

3

1
9

49
13
1

147
48
136

61
16
4
9
3

177
1
4
23

237
37,826
21

22,975
1,361

6
523
56
3 006
94,171
7

7

2
3
11

5
9
6
2
1

31

4

80
4
38

113
12
49

8
1

6
25
1
2

1

2

9

153
2

248

8
125,320
1,558
6,272
970
1,997
99
7,777
277

146
46
542
30

10

5
80

3
178

1,334
21,621
381
340
703
7
140
47

2
15

69
259

5

1

30
1
15

56
40
27

3
7
4
41

6
5

42
63
2

13
2
3

1
40
368
37
517
9

29
17

148
1
28

1

3
1
5

63
4
37
6

9
8
9
646

12

24
14

70
2

2

7

148
139

22
1,351
13

34
1

41

13

9
19

57
14
3

28

22
185

108
263
32

7

1

17

1

14

19
3
1

44
2
1
133

46
4

1
43
5
47

14

5

19

355

207
275
22

6

1
10

Industry
number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68 B
68C
69A

11

18,827

485,921




41,558

44,147

21,522

71,751

27,251

117,788

60,223

114,078

38,413

24,336

98,353

149,371

24,613

69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
84
85
T

20

January

SURVEY OF CURRENT BUSINESS

2001

Table 1.-The Make of Commodities
[Millions of dollars
For the distribution of industries producing a commodity,
read the column for that commodity

Industry
number

For the distribution of commodities produced by an industry,
read the row for that industry
Commodity number

1
2
3
4
5+6
-j

8
9+10

11
12
13
14
15
16
17
18
19
20+21
22+23

24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
eft
DU

61

62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B

72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
84
85
T

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabncated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic matenals
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufactunng
Metal containers
Heating, plumbing, and fabncated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines ...
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electncal
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances .
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircran ana pans
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services, passenger ground transportation
Motor freight transportation and warehousing
Water transportation ....
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Poal octato anH m\/altiac
nedl 6oldl6 dilU lUydiUco
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
General government industry
Household industry
Inventory valuation adjustment
Total commodity output

* Less than $500,000.




Plastics
and
synthetic
materials

Cleaning
and toilet
preparations

Druqs

29A

28

Paints and
allied
products

30

29B

Petroleum
refining and
related
products

31

Rubber
and
miscellaneous
plastics
products

32

Footwear,
leather, and
leather
products

Glass and
glass
products

Primary
irnn
Ar\c\ OICvl
<5IPPI
II \J\ 1 ul lu

manufacturing

37

36

35

33+34

Stone and
clay
products

3
8,566

92

240

9

2,704

351
53

8
115

2

31

q

1,453

354
55,463

19
452
156
173
636
13
1

575
91
186
83,208

1,059

49
56
757

1
7

12
117
45

17,660

6
45
24

15

33
112
159
4
66
13
499
78
346

8,941

112

1
4
7

52

28
58

4

5
40
91
63
32
29
29
42
9
3
85
2
66
24
12
30

1
367

26

3

30

27
124
120
252

101

98

52

150,564

1

1

6

1

60
8

1

12

00
24

164,220

21

7
14

3
3

9

7

15
404
1
916
2
18
3
15

2,256

81

1

101

118
104

1,435

337

48,514

23

2
70

17

9
8
21

16

514

636

40

251

94
185
133

3
7,253

36

CO

J
42

1

415

8

1

11
34

16
74

4
197
1
4
20
53
108
8

5
33

8

32

61,026

35

7
20

100,613

93
50
11
7

58
8
77

2

68
43
8

54
9
142
20
118
3
154
28
114
58
13
38
1

15
24
53
33
1

1
13
25

727

104

7
3
p

1
6

3

21,990

2

4

50

19

22

15
1
2

1

34

67,749

85,355

52,380

18,346

175,401

156,843

9,532

22,613

62,304

102J368

SURVEY OF CURRENT BUSINESS

January

21

2001

by Industries, 1997—Continued
at producers' prices]
Primary nonferrous metals
manufacturing

Metal
containers

Heating,
plumbing, and
fabricated
structural
metal
products

Screw
machine
products and
stampings

Other fabricated metal
products

Engines and
turbines

Farm, construction,
and mining
machinery

Materials
handling
machinery
and
equipment

Metalworking
machinery
and
equipment

Special
industry
machinery
and
equipment

General
industrial
machinery
and
equipment

38

39

40

41

42

43

44+45

46

47

48

49

Miscellaneous
Computer and
machinery,
office
except
equipment
electrical

50

Service
industry
machinery

Industry
number

52

51

1
2
3
4
5+6
7

11

8

11

4

19

15

3

9

1
155

2
5

78

28
4
1

30

1

118
2
1

835

72
39
262
323
2

13

21

160
15
40
259

12,754
37

39
7

11
4

3
67,287
63
631
244
193
83

52

120
274

142
307
324
6
634
10
61
4
33
1
3

96
7

115
20

9

1
1
1

5

22
5

136
17
1

87

3
1

62

2

1
9
2
5

3

1
23

10
3

202
1
60
28
26
81
1
164
50,222
284
9
416
2
152
4
22
120
18
89
39
172
2
6
42
7
353
69
2

418
7
6
47
2,588
438
15
668
294
69,948
20
220
32
196
101
287
761
42
115
14
1
118
5
301
12
66
222

29
13

8
14

6

1
1
9
4

8
39

4

1
1

9
1
1
21,927
111

2
463

36
1
2
51

51
34
89
20
51,319
193
325
161
296

18
1
5
32
5
2

3
28
730
1,033

45
98

64
4
36

26

1
32
28

81
1,064

48

238

88
2
35
48
195
32,111

90
59
217
133
143
110
96
272
38,440
93
1

6
206
69
35,895
353
240

15

293
11

20

7

5

55
58
42
4
5
11
27
107
20
11
126

91

132

7

3

23

165

18

63
1
9

24
4
9

202

163

8

45

9

18

61

3
6

274
12,934
54
161
123

5
10

7

37

4
104
226
290

11
30
2

64
1

1
1
185

779

3

5

400
28
1
122
3
1
17
2
221

5

6
123
9
5

202
257
18
10

46
18

8

10
5

1

60
614
84,992
1
94
18
71

3

5

9

154

4

8
12

1

12

4
1

169
197
477
148
139
23
496
156
281
34,072
6
17
3
168

4
9

6
8

84
19
2
119
11
28

111
46
48
61
1

1
8
1
5
4
2
2
2
2

50
20
32

1
2
5

18
11
9
89
227
5

94190
3
32
20
132
3,132
8
7
3
4
67
427
46

35,381
21
129

9+1C
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A

27B
28
29A
29B
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
3
144
3
5
4

56
57
58
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
84
85

87,421

13,021




71,140

52,689

78,094

24,588

53,075

13,945

40,374

33,615

40,658

36,739

98,123

36,268

T

22

• January 2001

SURVEY OF CURRENT BUSINESS

Table 1—The Make of Commodities
[Millions of dollars
For the distribution of industries producing a commodity,
read the column for that commodity

Industry
number

For the distribution of commodities produced by an industry,
read the row for that industry

Commodity number
1
2
3
4

5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
Ilk
77B
78
79
82
84
85
T

Electrical
industrial
equipment
and
apparatus

Household
appliances

orti linmont

cLjuipmsni

54

53

lighting
and wiring

Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal pioducts
Engines and turbines ....
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances ...
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services, passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
General government industry
Household industry
Inventory valuation adjustment
Total commodity output

* Less than $500,000.




Electronic
components and
accessories

57

56

55

Livestock and livestock products
Other agricultural producls
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yam and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures ....
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials

Audio,
video, and
communication
equipment

71

Miscelelectrical
machinery
supplies

59B

59A

58

13

Motor
vehicles
(passenger
cars and
trucks)

Truck and
bus
bodies,
trailers,
and motor
vehicles
parts

4

29

Aircraft
and parts

Other transportation
equipment

60

61

1,544

20
5
1

15

3
31

34
35

16
37

1
23

2

9

6
1

10

7

42

5
52

136

164
6
7
242
17

1
10
6

5
1
153
591
36
42
71
24
158
224
64
14
37,365
78
243
51
343
36

3

676

1

311

16

40

10

19
5
141

36

51
14
107

1
82

18

14
2
9
4
1

147

6
21
62

5
71
24
11

64
1
25
12
30

142
18
19,883
4
147
4
11

18
4
305
15
23,347
88
157
161

323
29
32
17
146
84,741
426
615

239
1,096
132,887
110

14
1

633
50

607
1

1,635
26
14

690
4

983
12
21
492
121
11

89,145

143,250

27,685

62
2
34
159

17

1

1

246
2
8

39,837

20,683

25,059

6

25
31

19
60
28
18
6,780
8
227

5

28

132
31
4

14
6
15
368
921
6
264
10
24
349
253
22,983

5

10

13

217,423
3,791
14

58
398
165
323
191
15
15
22
147
232
1,368
89
29
189
20
199
2,107
123,032
98
47
205

8

283
20
6

7
135

4
5

42

11
1

8

3
10
18
151
99,156
1
611

3
55
78
41
41,045
1
24

8

221,259

26
8
61

459
118
24
1
5

129,174

102,433

41,688

SURVEY OF CURRENT BUSINESS

January

2001

23

by Industries, 1997—Continued
at producers' prices]

Scientific and
controlling
instruments

Ophthalmic
and photographic
equipment

Railroads
and
related
Miscellaneous
services;
manufacturing
ir
ground
transportation
65A

11
47
97
4
4
64
906

Air
transportation

Pipelines,
freight
forwarders,
and related
services

65B

65C

65D

65E

Communications, except
radio and TV

Radio and TV
broadcasting

Electric
services
(utilities)

Gas
production
and
distribution
(utilities)

Water and
sanitary

Wholesale
trade

546
228
21,861

27,740

70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79

92
21
107
409
11
7
80
3

190
29
54
39
34
11

26
24
158

35
15
424
3
19

18

250

12

22,018
14

3
3
17
2
98
23
3
2
69
44
37
35
1
6
234
193
1
47,140
70,172

206
209,872
34,530
260

130,646
3,522
314,228
202,420

8,291
22,173

7,465

123,806

22,644




49,696

78,362

211,866

37,136

137,175

37,648

314,228

5,180

232,885

111,176

Industry
number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C

284
32

276
49

35
657
2
116,349
701
113

Water
transportation

31
7
110
45
127
125
50

27
19
19

60
49
92
96
81
39
219
41
107
1,246
369
766

Motor freight
transportation
and
warehousing

65,740

804,290

24

SURVEY OF CURRENT BUSINESS

January 2001

Table 1.—The Make of Commodities
[Millions of dollars

For the distribution of industries producing a commodity,
read the column for that commodity

Industry

Retail trade

number

Finance

Insurance

For the distribution of commodities produced by an industry,
read the row for that industry

Commodity number

69B

70A

70B

Owneroccupied
dwellings

71A

Real estate

and
royalties

Hotels and
lodging
places

72A

71B

Personal
and repair
services
(except
auto)

Computer
and data
processing
services, including
own-account
software

72B

73A

Legal,
engineering,
Ckfcrv intinn
dv/OUunnriy,

and
services

73B

1
2
3
4
5+6
7
8

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining ....
Coal mining
Crude petroleum and natural gas
9+10 Nonmetallic minerals mining
11 New construction, including own-account construction
12 Maintenance and repair construction, including own-account construction
13 Ordnance and accessories
14 Food and kindred products
15 Tobacco products
16 Broad and narrow fabrics, yarn and thread mills
17 Miscellaneous textile goods and floor covenngs
18 Apparel
19 Miscellaneous fabricated textile products
20+21 Lumber and wood products
22+23 Furniture and fixtures ..
24 Paper and allied products, except containers
25 Paperboard containers and boxes
26A Newspapers and periodicals
26B Other printing and publishing
27A Industrial and other chemicals
27B Agricultural fertilizers and chemicals
28 Plastics and synthetic materials
OQA
«n

29B

Drugs
Cleaning and toilet preparations

30 Paints and allied products
31 Petroleum refining and related products
32 Rubber and miscellaneous plastics products
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
59A
59B
60

61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A

Footwear, leather, and leather products
niaoc anH nlaoo nrnrlurtc
Vjldob dllU yldoo prUUULlb

Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines ..
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electncal
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances .
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Airrraft anri narto
MirUidll dllU [Jdilo

73C

Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services, passenger ground transportation
Motor freight transportation and warehousing
Water transportation ....
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical

70 pv

AHwor+ioinn

71B

72A
72B
73A
73B

74
75
76
Ilk
77B
78
79
82
84

357

MQvenismg
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterpnses
General government industry

0

690,998
639,292

650
335,353
591,837
728,196

316

942

77,855
118,733
303,661

628

n

612
754

336,801
1,549

305,384

338,350

n1
0

2,161
1,717

1,032

498

58

16

11,437

694,876

639,350

337,367

2

Mm icohm"H inHnctrv
nuubciiuiu iiiuubuy

85 Inventory valuation adjustment
T Total commodity output
* Less than $500,000.




591,837

741,073

77,855

119,364

SURVEY OF CURRENT BUSINESS

January

2001

25

by Industries, 1997—Continued
at producers' prices]
Other business
and
professional
services,
except
medical

Advertising

Eating and
drinking
places

Automotive
repair and
services

Amusements

Health
services

Educational
and social
services, and
membership
organizations

Federal
Government
enterprises

State and
local
government
enterprises

Scrap, used
and secondhand goods

General
government
industry

Household
industry

Inventory
valuation
adjustment

73C

73D

74

75

76

77A

77B

78

79

81

82

84

85

834
787

18
21
34
35
44,927
39,604

'33
19
3
66
66
17

42
40
12
17
6
63
10
70
9
2
22
1
4
1
1
5
1
24

36

21
7
13
66
5
5
3,543

2
5

4,864
36,182
1,023

129

54,214

270
6,389
525,237

303

105

15,921
40,975

130
660

356,226

182
97
701

196,506

22

188,600
726,052

926

302,241
1,717
1,151

101
423

74,750
42,539
920,196
12,464

533,214

186,963




357,943

251,976

190,881

726,052

302,241

74,750

43,561

1,542

920,196

12,464

10,751
10,751

Total industry
output

103,137
142,439
11,327
40,987
12,890
22,967
121,480
17,534
640,725
303,583
20,041
486,269
41,551
48,493
21,314
72,710
25,019
117,064
61,035
118,159
38,648
70,935
136,582
140,158
23,798
63,542
85,737
52,818
18,084
172,747
156,389
9,132
22,401
62,544
105,002
87,875
12,827
70,078
52,768
74,898
23,578
53,966
13,661
38,148
33,992
41,798
36,966
103,302
38,453
39,167
20,716
25,212
88,025
138,426
25,470
220,050
131,261
101,818
41,977
123,167
24,122
52,297
70,383
225,239
34,530
130,646
43,857
319,092
41,362
202,966
107,219
23,013
804,289
690,998
694,156
335,353
591,837
728,512
78,797
119,003
303,661
343,803
544,400
41,278
356,886
196,709
188,718
726,752
303,167
88,551
124,192
920,196
12,464
10,751
14,704,030

Industry
number

1
2
3
4
5+6
7
8
9+10

11
12
13
14
15
16
17
18
19
20+21
22+23

24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B

72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
84
85
T

26

• January 2001

SURVEY OF CURRENT BUSINESS

Table 2.—The Use of Commodities
[Millions of dollars
For the distribution of output of a commodity,
read the row for that commodity

Commodity
number

For the composition of inputs to an industry,
read the column for that industry

Industry number
1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining .
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricaied textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus

Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services, passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
72B Personal and repair services (except auto)
73A Computer and data processing services, including own-account software
73B Legal, engineering, accounting, and related services
73C Other business and professional services, except medical
73D Advertising
74 Eating and drinking places
75 Automotive repair and services
76 Amusements
77A Health services
77B Educational and social services, and membership organizations
78 Federal Government enterprises
79 State and local government enterprises
80 Noncomparable imports
81 Scrap, used and secondhand goods
82 General government industry
83 Rest of the world adjustment to final uses
84 Household industry ...
85 Inventory valuation adjustment
I Total intermediate inputs
VA Value added
T Total Industry Output




Livestock
and
livestock
products

1

Other agriproducts

2

12,795
32,987

9
4,517

5,205

10,527

9

355

1,180

1,556

Forestry
and fishery products

Agricultural,
forestry,
and
fishery
services

3

4
101

399
2,890

Metallic
ores
mining

5+6

852
4,582
67
206

Coal
mining

Crude
petroleum
and
natural
gas

Nonmetallic
minerals
mining

7

8

9+10

New construction,
including
count
construction
11

1
24

30
1,557
13

2,320

3

8

8

334

363

321

85

482

111

538
276

58

97

356

8

75

4

Maintenance
and repair
construction,
including
own-account
construction

10

12

1,370

668

2,164

1,188

4,156
340
379

2,681

1,271

573

490
31,081
2,139
2,441
317

291
20,579
7
842
154

134
2,159
3

68
959

170
4 583
7,198
11,012

137
2 345
6,104
5,956

1,615
34,884
5,046
4,545

154
9,513
2,246
2,195

34,368
396
11,190

13,770
130
4,511

1,587
2,287
550
3
3,642
324

535
46
174
6
546
6

8 080
3,761
1,513
10^292
2,235

3 528
1,252
811
4,496
880

49
28,004

22,144

185

460

248
7
5
7
74
270

361
955
5
10
65
10,785

191

14
19
12
4
37

8
160
10

66

2

5
4

742
1

4
6
1
1
357
1

1
2
1
1
1,049

271
90

677
309

54
423

151
82
15

8
6
2,972

1

54

11

7

24

135

9
3

n1
384

1

348
41
917
521
49
7

4,126

87
2

40

594

3,475
827

200
8

217
45
10
11

133
38

3

6
2
799
17
1
2
265
1,956

523
172
10
245

2
124
21
3
47
327
81
14

86

64

163
63
132
1,310
172
5

570
10
356
56
15

565
263
4

49
29

237
128

81
179

128
19

24

4
59

4
75

3
62

21

258

2

24
24
278

492

138

392

29

44

33
59

118
166

n1

24

2
3

3

10
38

42

2

30

267

756

6

40

4

9

11

18

1,252

485

78

188

33

62

19

39

45

66

789

418
87
694
22
882
547
4,582
99
430
8
1,272
379

31
11
16
23

12

77
30
1
2
2
18

2

21
9
4
69
351
9
582
2
180

2
81
206
10
43
3
34

2
3
3
815
384
55
105
5
39

2
9
3
173
279
73
273
9
216

5
81
344
9
59
6
52

536
36
4
1,050
37
205
59

1,429
5 367
95
1,183
231
634
153

714
321
12
775
66
141
67

789
174
634
24,735
25,089
3,959
3,868

332
11,647
13,945
1,635
1,032

250
45
3
48
180
190
50
55
31
3

3,364
501
274
560
43,840
19,513
431
523
2,830
102

1,424
239
167
318
10,030
9,936
207
249
1,755
61

11
9

35
630
36

330
18

4

2

349,548
291,177
640,725

150,782
152,800
303,583

94
329
1,493
58
142
33
318

16
31
272
37
1
13

1,771

7
2
19
196
24
79
41

71
3

812
97

1,231
10
275
127

438

533
394

916
391
686
7,228
(*)
618
1,666

5,009
29

12,462
44

93

5
79
592
13
9
126

4
102
1,584
28
16

14
28
6
8
275
191
6
29
61
4

313
67
79
3
560
514
150
66
376
307

127
36
6
16
202
204
6
42
32
2

795
81

33

12
425
266
14
82
38
19

26,097
256
12
80
2,030
544
112
258
113
66

33
6
1

25

26
11
3
120

74

87

42
22

1
2
45

1
1,537

2J22
64
11
20

365

77
12
45
59

23
103
47

64

180
1,984
51
1,645
984
9,418
170
962
18
2,484

51
1,442
2,660
38
68
121
280

147
6,052

79
15
14

9

30

2

99,708
3,429
103,137

66,360
76,079
142,439

6,085
5,242
11,327

15,543
25,444
40,987

7,044
5,846
12,890

11,821
11,146
22,967

79,282
42,198
121,480

12

6,992
10,541
17,534

SURVEY OF CURRENT BUSINESS

January

27

2001

by Industries, 1997
at producers' prices]

Ordnance and
accessories

Food and
kindred
products

Tobacco
products

Broad
and
narrow
fabrics, yarn
and thread
mills

Miscellaneous
textile goods
and floor
coverings

Apparel

Miscellaneous
fabricated
textile
products

Lumber and
wood
products

Furniture
and fixtures

Paper and
allied
products,
except
containers

Paperboard
containers
and boxes

Newspapers
and
periodicals

Other
printing and
publishing

Industrial
and other
chemicals

Agricultural
fertilizers
and
chemicals

13

14

15

16

17

18

19

20+21

22+23

24

25

26A

26B

27A

27B

27

82 539
42,545
3,401

3,384

3,257

73
56

183

6

14

9

431

27
56
149
17

11
9,103

9

41

9
38

59

12

37

9
43

705
49
73
177

17
12
19
24

5,394
1,234

1,493
1,018

1,498

208

492

375

1,274

1

178

24

21

13

17

3

3

12

288

23

412
131
182

2,325

122

351

96

3,577

16,499

613

48

6,544
1,424

2

13,560
2,565

251

236

9,990

64
41

372

21

78,673

280

1,478

89

717

2,626
1,875

220

Commodity
number

409

732

4

87
47

2

30

6

74
122

3
2

4
45
4
31
3
131
23
47

6,633
8,673

6
1,138
2,520

2
180

123
529
253
6

2
29
37
2
760

31
47
2
1
417

75
75
24
5

330

7,920

5,161

907

545

77

50

94

365

1,219
9,633

45
287

126
198

79
200

142
421
376

13

4

340
1

917
424
41

1
40

16
16
21
167
473

1,369

4
37
236

3,566

21
193
277

16

51
457
578

3

3
22

164
760
4
3

36,691

4,953

6,746

50

19

12

216
62
247
4
14
464
175
459

276
131
785
3
11
95

16,709
1,504

15,436

5,154

16,801

87

16
500

512
222

4,437

11,013
2,555

164

3,261

11
210
567
939
9
221
711
71
36

38
358
243

521
17
561

2,426

4,094

177
3
8

0

188
5,246

6
840

542

32

58
152
166
2,206

659

172
146
272
179

10

602
1,349

29
77
95
116

60
73
198
215

6

48

0

18

118

36,488
1,224
1,145

2,260
2,930

171
769

98
175
192

2
35
46

103
213
307
10
710

14
47
1

27
2

32

5
880

7
216
1,607

2

271
86

21
251

33
185

5
29

40
546

79

21
29
2

........

57
291
5
503

40
1
1

143

1

7

2

849
480

753

1,133

3,009

2
381

23
75
69
105
174

49
35
100
120

72
359
27
261

11

24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34

77
50
138

1

11
12
13
14

20+21
22+23

68
87

2,199
1,568

1
108
22
1

9,285

138
162
9

354
600

9+10

15
16
17
18
19

3,479

16

1
2
3
4
5+6
7
8

91
52

35
36
37
38
39
40
41
42
43
44+45

18
54

6
213

82

26

49
121

6
4
7
19

21
408
978
7

102

18

2

26

2

1
1,466

239

1

1,134

7
9
34

2
1
7
53
229
2
138
2
79

189

4

27

1

2

150
3
185
224

3
9

10
29

9

26

4
2

4
7

1
9
12

67

2

4

15

1

8

2

18

13

3

4

13

441

23

21

11

46

40

16

5

3

1
1
124
411
14
78
1
63

2
667
94
752
4
353
4
160

1
22
28
291
3
110
1
61

8
7
12
191
857
11
239
3
203

17
10
5

6
2
1
443

114
697
137
511

164
21
3

6
1

2,124

1,212
3,197

1,296

14
525
5
524

140
470
180
303

33
67
2
50

660
257
39

179
86
29

1,091

215
58

276
121
48

291
623
130

2,290

1,008

3,598

1,389

2,750
2,596
1,101
7,777

33
263
80

8
154
43

17
537
138

377

102
64
91
81
85
291
208
70
105
5

893
220
117
111
197

142
146
77

146
112
271
129
135
619
130
135
207
7

294
195
550
909

42
65
24
28

25
23
23
53

142
29
16
481
5
137
35

3,436
1,937

8,471
11,571
20,041

10
34

7

2,979
8,648

13
3
5
10

i'

3
196
6
25

(*)

25
112
1
111
1
65

164
56
17
164
88
358
80
62
40
8

14

325
1,824

23
732

674
29,933

879
3,366
1,018
1,923
1,204

574
966
1,351
5,957
12,233
1,264
2,016

343,534
142,735
486,269




86
18
7
806
129
333
92
193
138
48
95
410
426
3,704

16,322
25,229
41,551

195
530
8
149
1
64
1,074

30,673
17,820
48,493

3
1
12
69
812

1,187
3,554

1,603

79
441
9
283

8
191
4
116

20
132
21
192
605
1
232
4
416

190
148

432
137
55

2,424
1,251

624

334
95
38

273
61
19

860
267
89

7,952

4,183

5,991

2,239

1,439

4,488

9
180
49

84
700
209

100
444
128

176
820
240

13
265
75

43
483
133

53
905
251

1,053

716
277
148
240
336

609
167
45
108
471

459
326
328
547
253

3,719

1,084

181
51
381
848

366
148
474
520

387
327
555

1,399

1,112

1,862

380
325
431
44

605
205
153
14

749
349
772
62

194
109
71
120
76
557
62
116
182
17

2,539

825
263
174
56

372
73
13
36
99
296
117
89
53
5

3,137
1,735

2,519
1,353

185
265
71

387
619
86

904
409
743
79

12
24
15
18
42

49
69
38
44

152
35
11
3

230
60
50
13

96
76
45
48
8

120
64
240
157
750

24
21
11
19

58
492
18
121

182
313
47
306

114
81
165

14,462
6,852
21,314

51,089
21,621
72,710

32,559
28,476
61,035

68,384
49,775
118,159

25,388
13,259
38,648

4,821

15,094
9,926
25,019

3,005

59
319
8
198

74,244
42,820
117,064

25,591
45,344
70,935

57,397
79,185
136,582

84
293

3,358
2,438

1,454

92,233
47,925
140,158

289

1,211

16
186
48

46
47
48
49
50
51
52
53
54
55
56
57
58
59A
59B
60

61
62
63
64
65A
65B
65C
65D
65E
66
67

68A
68B
68C
69A
69B
70A
70B
71A

119
66
62
117
286
536
321
65
143
8

72A
72B
73A
73B
73C
73D
74
75

30
5
17
48
6

77B
78
79
80

15,404
8,394
23,798

I
VA
T

71B

76
77A

81
82
83
84
85

28

January

SURVEY OF CURRENT BUSINESS

2001

Table 2.—The Use of Commodities
[Millions of dollars
For the distribution of output of a commodity,
read the row for that commodity

Commodity
number

For the composition of inputs to an industry,
read the column for that industry
Industry number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining .
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction

29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
Ilk
77B
78
79
80
81
82
83
84
85
I
VA
T

Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services, passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
Noncomparable imports
Scrap, used and secondhand goods
General government industry
Rest of the world adjustment to final uses
Household industry
Inventory valuation adjustment
Total intermediate inputs
Value added
Total Industry Output

Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials

* Less than $500,000.




Plastics
and
synthetic
mstsrisls

Drugs

28

29A

Cleaning
and toilet
prepara-

29B

Paints and
allied
products

Petroleum
refining
and related products

Rubber
and miscellaneous
plastics
products

Footwear,
leather,
and leather products

Glass and
glass
products

Stone and
clay
products

30

31

32

33+34

35

36

Primary iron
and steel
manufartnrinn
IQVsLUI tl t y
37

59
203
38
53

25

52
398

19

10

1

17

6

1
1
32
26
6
89,740
507

691

716

343

73

1,433

1,188

67

68

556

641

155

184

17

895

11
2
2

9

16

290
186
6

2
2

6
4

5

1,370
1,488
9
9
280

171
911
(*)
464
2,014

148
1,898
2
173
5,318

129
151
3
7
2,709

1,182
1,735
13
43
7,049

1
27

764
228
3
1
22,540
301
1,783
426
35
225
2,707
10
12
1
5

13
7
21
2

2
1

io

3,523
2,294

10,313
68

3,303
25
502
3,698

1
269
138
1

254
16

228
5
2

92

522

3
166
5
1
502

i66

3
3

160

101
1,903

605
17^455
620
1
434
257
13

1,213
72

1

16

2

20

2
39
16
264

52
2,695
1,295

238

3,635

282

209

456

855

23
193
1
1
310

6
313

198

39
23

49
749

1
360

2
1,183

601
182
4
6
1,557

31
18
3
93
1,305

28,420

13

104
129
357
8,918

52

886
217
698
106

16
19
91

39
253
2,527
5

320
40
22
113
508

134
112
545
525

2,442
371
28

125
6,987
506
93

144
60
445
985
37

33
69
435

5
31
454
189

1,483
17,379
1,731
3
6
425
2,085
44

4
64

26

2
1

106
25

12

123

39
141

30
903
25
1,685
565
1
965

21

52

72
141

34
29
21
99

5

11

1

25

24
35

2
49

4

1
112

1
305
699
26
944

1
7

3
10

9
29

1
1

8
52

2
76

5
15

4

17

24

10

80

8

25

132

3

38
27

18

6

1

4

3

3

22

17

9

60

19

3
4
1
435
1,130
76
203
18
268

9
8
23
158
354
8
356
3
343

5
6
11
258
678
28
206
8
181

3
1
1
262
428
18
55
3
47

20
6
5
383
975
359
118
5,004
213

14
18
48
903
4,449
99
547
7
452

48
1
25

8
2
1
301
385
22
79
1
75

12
4
46
638
3,834
167
174
6
187

119
9
4
1,525
2,990
179
401
6
200

i"i37
714
340
3,274
39
495
112

584
210
181
6,224
61
774
153

265
132
111
3,100
160
463
103

88
29
65
938
3
148
31

1,553
2,208
512
6,543
32
1,412
224

2,664
567
233
6,634
189
1,257
305

59
31
89
430
5
58
23

576
371
60
1,276
60
167
48

1,276
1,035
131
2,333
71
384
145

3,184
1,663
742
9,670
31
765
216

267
170
170
307
1,711
915
347
180
376
41

791
297
85
241
2,425
2,580
5,463
349
239
113

490
165
52
123
806
1,131
3,593
173
155
72

64
51
12
27
185
167
230
52
42
15

1,888
156
298
488
1,108
1,634
640
254
596
55

1,530
444
293
594
993
2,481
884
497
722
88

58
24
9
44
24
98
200
32
25
1

147
68
63
111
86
401
94
81
145
7

435
158
165
259
282
1,067
305
174
369
19

400
283
425
737
408
2,124
367
314
886
54

144
17
40
336

458
33
31
3,423

105
58
34
719

12
9
3
102

170
51
29
505

572
93
59
368

4
14
15
4

15
18
9
50
87

40
33
24
176

68
74
76
158
3,415

43,776
19,766
63,542

44,129
41,608
85,737

30,671
22,147
52,818

10,293
7,791
18,084

142,231
30,516
172,747

87,263
69,126
156,389

6,313
2,819
9,132

11,575
10,826
22,401

31,562
30,982
62,544

66,349
38,653
105,002

13
141

n

SURVEY OF CURRENT BUSINESS

January

29

2001

by Industries, 1997—Continued
at producers' prices]

Primary nonferrous metals
manufacturing

38

Metal containers

Heating,
plumbing,
and fabricated
structural
metal
products

Screw
machine
products and
stampings

Other fabricated
metal
products

Engines and
turbines

Farm, construction, and
mining
machinery

Materials
handling
machinery
and
equipment

Metalworkmg
machinery
and
equipment

Special
industry
machinery
and
equipment

General
industrial
machinery
and
equipment

Miscellaneous
machinery,
except
electrical

Computer
and office
equipment

Service
industry
machinery

39

40

41

42

43

44+45

46

47

48

49

50

51

52

Commodity
number

1
2
3

17
43

3

2,877

1

16

24
34
2

13

32

14

2

3

1

27
10
4

4

2

23

16
5
1

14

26

23

1

2

2

28

1

246

200

219

259

3

3

196
1

35

42
3
2

13
2

4
5+6
7
6
9+10
•|

516

76

256

553

460

171

3

8

294

61

886

12
13
14
15
16

1

18
19
20+21
22+23

15

385

67
79
2
3
395

5
37
70
119

1,402

49

26

80

40
258
5
6
618

74
266
2
5
199

244
370
3
2
664

46

124

388

8
85
91
209

16
324
207

97

67
155

11,744
2,599

9,038
4,049

4

6
99

17
380
821

376
29
20

778
239
983

9

4
225
166
694
6
234
93

2,419
4,939

10,622
5,693

26,688

694

51
815
16
788
47
534
346

6
229

19
48
1

263

62

2 544
1,000
2,278

423
142
322

41

966
1,120

1,192

1
99
1,110

1

5
5
2
634

1

41
327
3
165

54
261
3
43
1
23

2,140

151

2,373

2
2

53
28
328
103
3,600

25

136

117

49

8

12
12
2
7
36

5
1

21
83
2
5
251

217
21
3
3
70

147
111

3
3

11
60
5
5
6

68
348
20
12

136
119
2
1
84

24
25
26A
26B

20

12

25

147

11
64
70

13

115
50

1,794

1,015

28
29A
29B
30
31
32

1
5

2,020

32
42
259

116
91
325

67
577

1,006

14
78
178

24
59

13

300

4
59

102

124

5,387

1,431

2,762

1,893
1,453

2,957
1,136

2,647
2,278

544
366
979
153

504
481
566
62

153
462
598
44

2
280

9
293

599

2,918
1,350

1,951

115
98

778

468

353

879

2124

321
400
481

68

253
526
394
123

314

145

1,982
4,340

81

869
1,071
2 924

791
13
253

13
106

18
142
1,167

1
170
2,069
2,306

870

222

1,014

1,080

302

730
55

64

196

31

1
399

2

9

4

346
1,143

904

1,394
1,541

28
179

649
843

354

796
433
395

17

1,744

349

720

1,119

1,302

837

35
4

2

1,208

1,414

460

12

132
595

246

54
55

1

96

2,466

5

323

80

3
62

49
30

60
23

92
33

33,599

310

17

34

2

10

4

6

4

9

6

2

1
70
20
167
1
66

4
1
43
289
2
150
1
153

16
4

11

50
324
2
176
1
178

59
289
4
135
2
104

7
23
10
111
230
3
663
6
535

563
5
146
61
349
3
168
2
108

15

15

9

7

149
10
9
193
954
8
227
2
201

7
2
175
719
9
179
2
118

2
6
2
182
914
17
258
2
249

23
415
126
2
50

4
92
81
784
9
225
2
151

Q

15
6
5
49
395
3
161
1
157

581
186
617

857
375
147

162
48
29

350
133
44

66
30
5

330
93
26

213
63
21

356
111
44

358
102
28

587
80
74

235
77
105

519
228

60
19

8,132

1,029

3,996

3,079

4,013

1,233

3,592

1,323

1,810

2,527

2,461

1,388

13,512

2,537

15
543
155

6
95
24

48
455
113

32
418
102

54
503
133

8
164
41

17
380
100

5
88
28

11
248
69

11
214
54

16
275
73

10
245
64

38
1,079

27
291
70

469
230
171
287
225

647
187
59
161
282

419
145
117
221
437

594
205
115
281
464

1,695

1,108

1,313

148
259
392
29

64
41
28
41
45
165
29
44
66
10

346
223
188
16

369
176
244
28

607
244
315
18

106
69
31
100
56
311
49
77
74
11

191
148
62
184
355
689
377
172
163
29

82
35
9
22
105
169
85
41
29
3

350
106
34
96
281
534
249
139
115
7

323
92
27
70
284
433
245
116
79
13

226
112
54
128
271
622
364
140
146
10

430
100
37
75
269
733
288
116
108
18

74
41
47
213

18
1
7
4

68
47
29
113
114

159
42
22
61

68
52
50
90
40

19
13
12
33

33
55
17
146

7
11
6
46

30
25
17
39
3

18
38
8
119

27
32
17
163
12

25
14
16
78
2

2,978

60,665
27,210
87,875

11,434
1,394
12,827




37,210
32,868
70,078

30,449
22,319
52,768

38,100
36,798
74,898

14,379
9,199
23,578

28,981
24,985
53,966

35
36
37
38
39
40
41
42
43

2,927
1,964

14,449

462
219
60

1,140

33+34

46
47
48
49
50
51
52
53

6

n

27A
27B

44+45

242
64

2,356

26
596

17

116

339
951
911
945

17
115

1
13

1,979

8
8

-|

272

8,105
5,556
13,661

16,007
22,141
38,148

18,338
15,654
33,992

20,190
21,608
41,798

15,347
21,619
36,966

221
1,556

379
66
1,337
1,125
1,748
1,329

372
266
111
154
33
25
6,085

90,156
13,146
103,302

56
57
58
59A
59B
60
61
62

63
64
65A
65B
65C
65D
65E
66
67

68A
68B
68C
69A
69B
70A
70B
71A

158
102
38
138
206
427
282
120
107
21

72A
72B
73A
73B
73C
73D
74
75

61
6
13
40

77B
78
79
80

21,982
16,471
38,453

71B

76

Ilk

81

82
83
84
85
I

VA
T

30

January

SURVEY OF CURRENT BUSINESS

2001

Table 2.—The Use of Commodities
[Millions of dollars
For the distribution of output of a commodity,
read the row for that commodity

Commodity
number

For the composition of inputs to an industry,
read the column for that industry
Industry number

1
2
3
4
5+6
7
8
9+10

11
12
13
14

15
16
17
18

Livestock and livestock products
Other agricultural products ...
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction
uranance ana accessories ..
Food and kindred products ..
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings

Electrical
industrial
equipment
and
apparatus

Household
appliances

Electric
lighting and
wiring
equipment

Audio, video,
and communication
equipment

Electronic
components and
accessories

Miscellaneous electrical
machinery
and
supplies

Motor
vehicles
(passenger
cars and
trucks)

53

54

55

56

57

58

59A

31
35
1

13

11

32
30

123

20+21
22+23

24
25
26A
26B
27A
27B
28
29A

29B
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
59A
59B
60
61
62
63
64

65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B

72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
80
81
82
83
84
85
I
VA
T

'Less than $500,000.




1

2

1

41

75
27
10

21

19

53
287
26

794

1,085

850

169

6

135

700

2,598

170

5
1

2

5
151

129
306
3
1
53

4
802
285
171
10
21
21

116

551

595

249

24
73
231
1,081

21
167
64
1,977

30
16
67
783

27
46
60
1,936

1,103
1,814
2,117

44
119
1,399
1,027

598
219
877
1,436

3
19
419
1,237

35
177
101
4
2
63

10
3
256
200

1,378
5
5,733

2

221
878
236
442

746
389

775
493

643
1,117
650

97

47

77

79

170
281
8
1
2,840

81
47

111

22
203
262
4
240

28
4

73

127
20
37
21
11
6
23
60

211
810
60
11
5
1
2
17

293

149

116
140

162
113
907

5,604

2,530

1
45
295
6
2
257

55
20
9
20
918

383

350

10

773

15

4

11

127
2,128

40
1,828

14,344

20
514
1,365

2,310
297
393
68

8
614
226
3,543
1
110
440
11,417
10,761

18,511
3,985
3,044

1 919
6,018
1,943
413

14
169

10
340

79
1,113
4
3,040
6

2,187
5,462
5
320
14

1^201
1,495
6,074
2,997
353
61,983

106
1
4,575
2,416
1,042
12,679

1,750
25
49
624
3,146
27
1,500
11
242

6
25
11
400
1,798
18
744
7
251

7,565
16
26

7
15
276
211
16
10

2,094

870

116
757
3,324

522
1,539
4,603

287
169
820

937
2
225

113
333
548

65
99
126
149

3
707

73

493
925
13
296

859
13

226
1

182
1

606
4,812
24,329
346

1

5

8

5

462

623
32

117
7
1
52
289
3
110

820

66
16
238
78
100
527
8
35
628

224
3

3

105

138

3
2

1—\f\i loohftlH onnlionooo

nouscnoio appliances ..........
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services, passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings ....
Real estate and royalties
Hotels and lodging places ...
Personal and repair services (except auto)
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places .,
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
Noncomparable imports
Scrap, used and secondhand goods
General government industry
Rest of the world adjustment to final uses
Household industry
Inventory valuation adjustment
Total intermediate inputs
Value added
Total Industry Output

61

60

59B

Other transportation
equipment

1

19 Apparel

Miscellaneous fabricated textile products
Lumber and wood products .
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products ...
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products ....
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery ..
Electrical industrial equipment and apparatus

27
13

4
35

229

173

Truck and
bus bodies,
Aircraft and
trailers,
parts
and motor
vehicles
parts

261

376
29,898

386
79
60
2,468
915

1,680

1
16
243
829
2,846

172
991
1,711

834

276
1,327

228
27
2,249
602
665
373
748
1,939
36
(*)
66
948
296

58
86

'{216
1,441

30
5
18,675

92"
1,184
125
122
128
1
129
1,151
980
1 430
192
2
3
87
490
3
166
1
89

93
7
3
102
320
8
169
1
163

836
49
318
4
106
1
72

112
304
2
445
4
464

303

286
2
96
1
79

324
107
36
2,729

145
54
10

213
75
28

454
76
43

1,826

241
57
71

594

1,146

243
169

198
117

292
405

539
98
145

211
76

1,554

1,769

6,218

9,039

2,148

16,425

8,958

3,202

2,153

31
322
67

41
155
40

49
174
45

52
820
174

49

25
200
48

63

66

1,526

1,112

417

261

16
822
162

13
255
79

273
108
45
92
159
623
429
131
118
12

75
62
16
29
69
253
540
75
54
8

262
73
20
80
140
354
505
93
76
7

899
283
76
511
846

516
609
179
175

471
386
263
445
818

350
278
156
761
798

1,874
2,612

1,631

347
300
369
74

530
103
24
104
222
462
219
127
80
9

30
30
12
295

42
47
13
52

15
18
13
296

118
112
17
690

330
69
93
481

32
14
13
466
57

798
147
121
717

329
216
98
542
20

250

28"

85
23
154

14
13
33

20,197
18,970
39,167

14,221
6,495
20,716

13,308
11,903
25,212

55,264
32,761
88,025

82,271
56,155
138,426

15,733
9,737
25,470

188,577
31,473
220,050

95,188
36,072
131,261

54,104
47,714
101,818

22,068
19,908
41,977

1
69

4
62
43

17
1

1,424

626
307
244
69

594
16
656
5
633

1,336

300
1,586

458
332
945
2,192
3,541
1,887

488
722
119

0

69

180
72
40
68
86
563
220
96
103
8

1,574
1,805

884
632
14,981

164

424
580
125

114
427
7
778
6
217

49

SURVEY OF CURRENT BUSINESS

January

31

2001

by Industries, 1997—Continued
at producers' prices]

Scientific and
controlling
instruments

Ophthalmic and
photographic
equipment

Miscellaneous
manufacturing

62

63

64

75
14
28

11
14

5
40
24
12
11
2

Railroads
and related
services;
passenger
ground
transportation

Motor freight
transportation
and
warehousing

Water
transportation

Air
transportation

Pipelines,
freight
forwarders,
andrelated
services

Communications, except
radio and TV

Radio and
TV broadcasting

Electric
services
(utilities)

Gas
production
and
distribution
(utilities)

Water and
sanitary
services

Wholesale
trade

65A

65B

65C

65D

65E

66

67

68A

68B

68C

69A

1
2

3
4

1

1

2

4

80

7

6
182

117

1

527

24
13,701
11

48,184

14,635

8,897

io6
10

5
823

179

226

26

79

343
517
19
1
105
50
378
520
14
56
177

649
227
5
2
548

505
33
161
24
694
50
283
775
10
40
506

576

305

i"i73

32
74
140
2,700

13

40
278
174
1,676
47
25
146
1,036
2,129

1

39
582

3,783

1,175

45

255

76

232

749

326

1,982

25

29
5
13
233
134

13
3
12
58
78
145
67
409
122

2
50
84
11

7
6
4

44
31
13

44
4
22
170
62

93
241

2
133
6
42

2

12

4

240

20
105
28
271
10

284
140
170
1,131
19

14
6
11
10
18

70
18
11
87
361

20
5
2
13
2

9
3
4
4
523

4

5

36
6

1,866
203
2
11
9

276
10
1

2

3,468
343
1
92
3
441
1

51
502
117
8
2

6
4
10,910
41
1

141

1

100

164
7,180
5,909
289

37
190
10

125

24

34

42

55

4

15

ib

U96

'{471

41
111
150
310
409
27
1,138
17
44,578
210
1,126
148
386
3,401
108
3,383
729

6
22
5
29
55
2
737
1,228
205
6
58
99
11
321
285

135
6
30
5,421
732
553
492
28
361

6
6
6
47
47
16
392
494
60

554
5
2
36
116
4
63
8
485

80
678
646
904
3,257
68
4,587
456
16,817

24
5,222
244
906
47
3,096
507

148
23,825
19
549
29
905
160

118
511
1,493
588
160
149
292

6,442
1,684
1,437
23,490
2,031
8,928
2,307
25,732
3,036
2,026
9,485
10,906
47,514
21,919
3,168
7,140
1,442

214
170
1
15
4

10
239
64

149
200
740
3

12
402
207

188

37

125

104

92
541
1,378
2
1,516

4
106
6
1
108

21
376
11
3
208

461
138

334
1,197
11,564
48

6

18
5
234
16

29

620
3

28
110

208

32

8

5

6

520

980

i'

1,494

680
4
7
54
17
88
7,333
67
1,701
46

24
19
31
167
312
55
7,763
11,420
1,405

32
31
40
251
60
270
1,028
1,272

11
359

1
3

39

730
64

9
3
306
393

68
96

141

39

372
125

5
158
4
3
25

6
53
4
54
86
6
11
314
63
8

13
4
8

7
36
118
327
708
2
37

8
2
196
42
19
7,167

2
600
199
18
51

2
25

5

121
29

146
62
31
5
39
14

446
429
306

3

56
42
183

9

1

19
120

647
30
580
5
636

1

"i20
1

73
7
21
40

245
14
1
239

10

96

25

4

2
7
72
1

2
18

25

8

3

3^566
23
9
142
540
8
500
5
637

162
683
1
76
156
7
84
1
128

11
2,867
108
550
10
164
2
166

10
13
3,148
529
19
294
535
507

17
30
70
40
435
41,122
956
2,083
6,849
2,607

790
104
80
5,444
69
999
222

132
56
25
1,274
20
211
47

299
114
36
4,008
70
335
102

105
1
142
1,914
251
833
348

1,321
149
2,857
5,851
940
1,841
1,981

143
9
31
418
13
872
67

309
18
161
1,811
49
1,934
392

492
5
41
353
34
770
312

1,136
345
88
497
1,371
2,905
1,774
407
287
76

131
69
16
78
63
586
360
80
59
19

520
122
40
76
283
828
1,678
163
130
24

787
166
58
1,142
521
1,697
280
236
974
38

904
48
34
183
718
3,482
1,244
51
16
19

1718
345
376
2,761
1,225
2,153
1,647
2,219
179
123

i"bo9
124
99
4,106
2,291
1,614
1,133
132
251
33

5,626
965
2,385
4,162
10,965
7,641
5,280
975
2,055
4,706

1,075
91
140
503
520
1,196
1,035
91
199
18,442

1,623
431
105
2,156
1,851
2,741
153
542
239
134

294
127
3
319
2,301
755
23
141
157
69

67
48
72
44
787
326
1

242
126
43
376

94
18
5
252

172
112
22
113
1

224
72
111
255

4,594
778
133
521
1,218
5,787
451
784
11,721
205
79
103
319
203
968
4

172
13

401
175
8
376

565
1,087
117
8,957

276
44
19

1,131
531
27
44

51
111
10
82

12
36

2,902

85
95
36
9,207

54,894
68,273
123,167

8,976
15,146
24.122

25,444
26,853
52,297

27,655
42,728
70,383

23,834
10,696
34,530

67.641
63,004
130,646

19,441
24,416
43,857

144,306
174,786
319,092

27,544
13,818
41,362

61,931
141,036
202,966

88,722
18,497
107,219

11,103
11,909
23,013




112,901
112,338
225,239

165
78
529
297
3,204
3,166
4,764
421
7,655
439
531
8
64
666
23
4,161
3,733
8
202
181
128
232
687
147
3
861
30
46
829
314
99
68
1,099
654
229
152
1
260
152
7,528
499

8
2
130
8,412
2,651
2
6
10

4,063
717

1

492
186
1,103
1,775
19
973
1,906
2,093

124
12
41
125

12,594

8

52
45
10

3

1,674
5,389
501
6,841
1

271,820
532,469
804,289

Commodity
number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
Ilk
77B
78
79
80
81
82
83
84
85
I
VA
T

32

•

January 2001

SURVEY OF CURRENT BUSINESS

Table 2.-The Use of Commodities
[Millions of dollars

Commodity
number

For the distribution of output of a commodity,
read the row for that commodity
For the composition of inputs to an industry,
read trie column for that industry

Retail
trade

Finance

Industry number
Livestock and livestock products
Other agricultural products ....
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining .
New construction, including own-account construction
Maintenance and repair construction including own-account construction
Ordnance and accessories ...
Food and kindred products ...
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services, passenger ground transportation
Motor freight transportation and warehousing
Water transportation .
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
70A Finance
70B Insurance
71A Owner-occupied dwellings
71B Real estate and royalties
72A Hotels and lodging places
72B Personal and repair services (except auto)
73A Computer and data processing services, including own-account software
73B Legal, engineering, accounting, and related services
73C Other business and professional services, except medical
73D Advertising
74 Eating and drinking places
75 Automotive repair and services
76 Amusements
77A Health services
77B Educational and social services, and membership organizations
78 Federal Government enterprises
79 State and local government enterprises
80 Noncomparable imports
81 Scrap, used and secondhand goods
82 General government industry
83 Rest of the world adjustment to final uses
84 Household industry ...
85 Inventory valuation adjustment
I Total intermediate inputs
V A Value added
T Total Industry Output

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C




Owneroccupied
dwellings

70B

5
933

Real
estate and
royalties

Hotels and
lodging
places

Personal
and repair
services
(except
auto)

Computer
and data
processing
services

71B

72A

72B

73A

30
5,134

189
2

4,616

414

66

4

2

3

Legal,
engineering,
accounting, and
related

73B

Other
business and
professional
services,
except
medical
73D

73C

5

7

168

187
1

4
7,582

26,739

1,759

42,089

2,248

692

161

173

87
48
32
42
199
1
4,914
1,081
170
667
44
33
15

10
16
43
634
22

173
40
414
338
69

283
147
73
183
14

446
66
48
1,033
189

93
1
202
315
4
342
58

1,019
10
420
479
348
4
13
11
91

192
44
3,485
2,498
223
27
31
11
4

150
139

32
90

""{267
157
480
3,893
51

445
60
52
1,743
22

30
1
537
165
12
38
16
3

3
45
148
384
5
18

3
426

75
25
627
448

454
10

339
6

21
73
33
34
329
220
145
47
15
321
61
232
402

30
24
469
2
22
1
40
40
65
288

131
2
783
110
221
2,220
48

1,528
154
26

11
117
11
160
1
2,069
901
281
3,103
1,882
6

18
8

9
9
2,443
2

244
473

39
3
256
296
43
262
54
4

720
111
2,065
1,649
72
454
124
126
32
42

19
33

56
113
320
5

237

18
40
48
123
712
403
67
1,466
28
13
1,056
71

1
332
1
3
22
4
1
250
76

2,355

104
651
5
5

3
17
10,375
932

12
34
21
515

60
3
1
4
4
1
18

804

48
545
312
237
868
7
1,260
13
4,373

532
222
1,133
894
963
2,338
50
2,798
52
7,365

""{301
459
562
2,344
103
1,034
290

831
67
104
5,756
64
2,607
296

"7,386
158
156
1,437
70
4,277
460

"7,765
437
437
5,449
997
4,972
1,256

4,664
347
555
455
732
7,583
1,479
475
500
82

6,278
274
5,087
633
4,224
3,661
2,777
326
612
82

20,049
719
510
26,659
4,077
11,571
2,530
834
1,651
233

17,001
1,282
264
7,328
26,133
32,675
1,119
879
1,440
220

191
86
39
188
1,704
3,297
232
87
484
923

587
1,962
1,016

155
380
252
151

378
635
139
38
1

2,564
1,690
45
940

1,289
2,979
98
821

12,821
2,316
973
7,624
10,242
32,981
4,258
2,674
3,404
1,150
4
1,717
3,210
178
2,288
1

186,644
541,868
728,512

36,527
42,270
78,797

47,205
71,798
119,003

126,498
177,163
303,661

115,979
227,824
343,803

142,729
401,671
544,400

12,340
28,937
41,278

1,146
2,234
3,463
2,474
13,701
2,392

2^227
603
1,272
2,074
148
131,904
2,070

413
52
163
837
127
24,443
90,348

1,145
4,422
1,000
269
5,693
6,606

" '3^065
498
1,028
483
133
4,582
171

48,295
2,255
2,257
5,143
5,958
31,140
36,716
2,933
4,270
878

18,805
1,597
519
15,634
18,033
26,787
11,300
1,601
1,509
563

10,219
1,307
229
2,235
9,751
14,041
3,487
1,333
6,192
371

49,218
1,602
1,421
656
11,686
20,189
5,626
1,619
6,145
438

664
4,224
598
145
1

{044
18,644
312
6,120

432
2,360
54
1,304
1

227,179
463,819
690,998

291,007
403,149
694,156

184,017
151,336
335,353

82,681
509,156
591,837

48
15,976
2
310

132
224
217
250
460
4
1,103
13
6,289

18
30
78
82
361
2
397
1,116
1,010

2,623
2,186

11
7

165
527
197
110
236
1,015
714
486
670
764
254
1,464
8
313
51
973
545

95
930
1,762
103
640
8
349
8
1,497

2
481
625
528
4,805
9
1,891
26
9,566

18,397

235

45

3
62
146
164
532
665
5
1,614
25
4,812

185
181
12,653
13,757

106

97

9
113
343
166
425
1,058
2
1,351
18
5,800

'K548

63
2
1,993
58
97
2,202
20

525

16

34
9
863
268

2
87
218
530
654
2,086
30
2,394
61
7,693

16
78
2
643
87
34
800
52
179

828

2
37
44
29
61

0

95
1
438
309
135
9
4
408
23
226
57

85"
210

SURVEY OF CURRENT BUSINESS

January

2001

33

by Industries, 1997—Continued
at producers' prices]

Eating and
drinking places

Automotive repair
and services

Amusements

74

75

76

432
2,569
3,221
285
5

2,794

Health services

Educational
and
social
services,
and
membership
organizations

Federal
Government
enterprises

State and local
government
enterprises

General
government
industry

Household
industry

Inventory valuation
adjustment

77A

77B

78

79

82

84

85

98

134
304
15
396

79
282
61
1,515

551

25
28
7

2

1

6

3

858

1,079
945
64

857

1,691
41
1,158

4,500

11322

2,531

22,099

5,377

3 976

670

119
13
122
67
128
1
308
134
109
379
452
285

44
67
766
972
247
3
2,619
930
585
3,291
11,065
44
230
15 989
915
5
1,326
8,508
32
1,541
501
3
8

69
10
75
90
535
1
1,473
419
1,331
11,695
295
60

17
1
2
259

3

113
168

3

72,580

877
943
40
589
244

62
53
196
23
379
249
122
68
135
315

69
4
761
2,723
2
644
517

94
499
2,327
4,544
2
1,119
33

10
50
111
450
239
92
6
4

4

8

21

36
9
232
61

81
119
4

2,197
2,756
1,459

1
229
280
39
23
38
6
22
108
21

44
61
33
391
15
1,050
568

8
36
152

433
579
2

135
255
163
1,266
986
121
352
15
37
2
4
89
395
9

680
191
229
15
1,370
135

90
1,668
32
88
5

9

49
443

791
12
373
1,013
201
24,361
2

459

12
13
38
2

52
13
200
1,971
215
4
67
3,575
147
87
690

17
9

3
3
33
79
225

172
15
1
792

17
6
7
156
1,714
106
139
44
847
58
312
284

118
52
52
33
34
291
67
220
263

36

421
685
11
106
22
40
161

135

472

381

i"586

349

11,997
1,262
423
979
2,345
43
3,519
38
7,893

13
428
476
1,071
341
1,231
36
1,148
30
3,194

13
2
21
43
897
2,031
1,913
1,926
19
431

128
23
11
40
695
864
623
148
42
526

13

41
53
167
5

21
3

11
182
7
60

41

50
19
918

11
18
723
606
2,850
26
1,247
18
1,332

191
52
55
368
1,190
22
955
355
1,967

11
42
75
403
162
469
15
635
11
1,582

6,645
1,170
1,943
16,099
439
3,470
547

1,656
454
589
7,398
1,364
3,434
965

2,998
246
434
2,911
181
1,673
343

9,252
1,706
2,279
13,086
555
5,273
3,525

2,865
696
955
4,713
456
5,530
843

533
387
727
1,208
25
1,041
283

4,071
3,407
1,477
1,454
24
1,868
240

15376
941
846
996
2,833
8,623
7,071
5,213
1,525
3,775

10,349
664
2,208
901
1,535
4,628
3,221
697
2,920
192

1,089
38
26
188
329
2,974
10
124
435

£521
47
127
288
3,964
2,025
295
123
568
4

139
725
304
22
431

49,105
3,158
1,756
6,748
12,150
43,503
3,297
5,099
5,678
555
13,669
2^251
7,060
456
45

29,295
942
656
3,766
4,476
23,223
7,503
1,900
2,103
1,546

503
569
441
206
1

11,565
523
508
835
4,076
7,164
6,642
605
1,230
27,057
50
263
731
106
332
-215

i"648
2,972
231
28

38
116
87
1,410

110
329
2,256

177,668
179,218
356,886

96,460
100,249
196,709

82,100
106,619
188,718

285,390
441,362
726,752

141,869
161,299
303,167

29,491
59,061
88,551

63,152
61,040
124,192




,,
°

97,732
97,925
17,843
39,986
8,973
20,756
174,357
15,361
340
215,216
385
190,896
3,479
43,804
11,954
17,179
14,014
110,878
10,408
94,820
36,560
5,345
64,585
132,738
20,695
61,022
28 240
11,786
15610
99,644
139,287
4,730
21,858
63,039
113,138
94,237
12,807
63 210
51,437
71,608
13,972
6,693
4 393
13,720
6 732
22,406
33,031
39,902
21,846
31,026
4,325
24,035
21,231
144,815
17,956
2,747
114,269
27,310
4,604
34,869
8,967
15,807
40,100
151,259
14,552
58,626
29,961
150,284
1 747
117,390
69,097
35,780
394,971
53,889
288,601
146,682

73

46
18
145

Total intermediate
use

450365
36,057
30,108
120,766
245,113
453,549
184,119
47,969
99,065
66,266
15 923
25,272
61,052
10,107
66,110
7,768

6,385,588
920,196
920,196

12,464
12,464

10,751
10,751

Commodity
number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B

60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
80
81
82
83
84
85
I
VA
T

34

January

2001

SURVEY OF CURRENT BUSINESS
Table 2.-The Use of Commodities
[Millions of dollars
Fcr the distribution of output of a commodity,
read the row for that commodity

Commodity
number

For the composition of inputs to an industry,
read the column for that industry
Industry number

1
2
3
4
5+6
7
8
9+10

11
12
13
14
15
16
17
18
19

20+21
22+23

24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B

72A
72B
73A
73B
73C
73D
74
75
76
Ilk
77B
78
79
80
81
82
83
84
85
I
VA
T

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services, passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
Noncomparable imports
Scrap, used and secondhand goods
General government industry
Rest of the world adjustment to final uses
Household industry ...
Inventory valuation adjustment
Total intermediate inputs
Value added
Total Industry Output

* Less than $500,000.




Personal consumption
expenditures

Gross
private
fixed
investment

Change in business inventories

Exports of goods and
services

Imports of goods and
services

91

92

93

94

95

-387
4,019

4,398
25,025
4,344

968
948

55
189

50

65
33
13
43

291

2,720

-198

147

783

-770
1,937
1,719

3,237
27,513
6,062
3,208
2,321
8,234
1,003
6,185
3,865
11,582
1,304

17,424
21,669
2,170
1,430

559
1,933
5,623

222
258
1,091

231

-123
1,505
1,345

390
151
177
335

50
70
65
4,485
3"454
3,656
36,096
10,017
29,340
27,042
17 066

832
64,375
10,000
9,505
3,425

219
17,128
6,487
7,815
49,611
25,156
33,873
6,081
52,422
4,326
134,243
3,433
93,742
36,565
28,692
206,570
617,156
304,148
189,765
591,837
194,952
40,071
85,560
8,476
56,367
28,581
1,053
311,168
146,108
117,315
798,000
300,845
8,511
32,220
43,989
34,555

1,665

806
98
772
256
825
-194
2,083

117
390
446
391
325
2,310

95
166
-200

288

128

44,024

1,082
1,731

245
8,196
131,931
5,728

1,443

305
299
512

120

15,956
2,149
26,825

797
482
541
2,560

11,375
1,150

269

3
324

645

64
78

1,652
1,098

63,173
37,430
62,255
20,302
20,320
1,299
3,432

-54
140
489

383

2,516
137,584
8,963
13,838
10,644
54,616
7,746
7,299
1,278
5,837

69

2,519

194

2,268

574
1,300

762
127
473
561
186
943
10,243

145
-10

6,884

82,260
23,797

1,921
-306
-64,550
-1,263

74

3,430
9,921
23,332

-2,558
-11,969
-8,371

-12
1,306
2,344
3,322

488,457
33 063
1,495
282,777
31,748
1,898
6,696
97,322
15,477
3,168
29,643
16,625

967
20,223
2,272

791
3,635
25,220
4,638
13,453
10,384
4,513
1,185
10,244
11,932
1,863
2,518
2,455
5,049
10,214

328
3,356
1,492
8,428
9,890
14,979
2 284
6,139
8,624
12 403
4,033
40,337
5,238
6,479
3,055
4,522
19,525
39,093
8,817
25,125
28,633
48,545
4,388
28,631
4,322
6,623
5,349
14,754
4,038
30,591
3,090
4,931

-1,075
-28,225
-1,411
-5,349
-2,481
-56,319
-4,505
-14,330
-11,354
-15,056
-520
-222
-2,822
-22,147
-3,275
-7283
-26,766
-3,019
-459
-13,656
-20,071
-17,976
-3,698
-7,563
-18,137
-18,392
-304
-2,059
-2,751
-14,631
-3,688
-9,919
-2 949
-10,982
-9,782
-12 505
-2,587
-68,245
-3,253
-9,492
-6,151
-7,332
-35,181
-43,947
-11,958
-87,956
-31,780
-15,475
-4,651
-21,696
-11,176
-32,905
-194
-1,985
-14,786

283
428
63

-1,100

1
6,073

73,311

19,617

32

43,539

30,822
3,515

-889
-5,646

34,742

-16

114
74
120,335
19,636

313

4,406
8,542
9,086

5

1,183
9,380

921
710
204
607
273
-46,033

2,251

^87^844
12,464

-497
-1,626
-2,449
-1,361

-3
-371

-9
-564

6,075

-120,721
-5,797

88,707

-40

901,651

-990,973

10,751

5,529,283

1,327,654

62,926

SURVEY OF CURRENT BUSINESS

January 2001

35

by Industries, 1997—Continued
at producers' prices]
Federal Government consumption expenditures and gross investment

Total

National defense:
Consumption
expenditures

National defense:
Gross
investment

Nondefense:
Consumption
expenditures

Nondefense:
Gross
investment

96C

96I

97C

97I

1
-62
-548
38
-282
34
-321
-1
15,922
12,369
15,094
194
112
43
391
127
28
160
662
105
129
1,498
3,904
22
14
911
173
16
2,773
715
37
117
140
271
366
18
800
187
668
439
466
58
78
76
359
567
3,468
92
1,097
55
436
10,101
1,022
1,424
1490
396
26 605
7,701
14,724
1,178
67
669
3,901
1,666
3,142
12
6,558

State and local government
consumption expenditures
and gross investment
Total

1
-62
-546
15
1
33
-321
5

-2
24
-283
1
-6

10,200

5,722
8,206
7,675
176

4,591

4,163
721
18
21
33
1
50
18

91
3
389
77
9
24
71
46
6
266
1,652
3
5
628
106
2,369
478
33
5
14
259
152
18
353
145
252
97
3
6
1
162
176
233
49
584
36
300
3,956
747
343
4
179
18 969
1,283
4,594
702
15
377
2,991
1,568
2,055
26
1,979

2,615
579
1,087
4,880
2
1,522
2,149

1,598
279
611
1,702

3,501
704
93
32,696
4,343
21,694
88
1,407
347
1,108
1,885
8,495
1,270
245
10,623
198
292,813
-823

381
588
80
8,106
3,910
15,234
79
314
275
1,089
18
295
1,281
157
8,134
553
194,840

265
1 187
-680
2,400

72
59
261
78
409
46
41
41
155
268
1,051
8
153
14
3,111
733
976
83
5 833
6,218
7,115
404
43
12
144

0

126

1,682

32

591
59
123
1,232
2,252
19
9
283
67
16
404
185
4
112
125
12
114
338
43
127

0

21
4
29
23
10
28
1,109
33
260
1
136
167
275
203
16
24
934
70
1,642
66
3
276
730
98
907
-14
4,579
1,017
300
476
833
2
1,522
2,117

2,108

8
2
136

52

27
50
28
263
33
8
2
10
32
95
1,075
2
101
2
2,867
145
494
111
869
130
1,373
5
5
5
36
55

663

3j2(i
8,908

33

'116
13
3,266
433
6,460
9
1,093
72
19
1,867
8,200
-11
88
2 489
120
97,974
-823

12,416

-508

Gross
investment

98C+99C

98I+99I
2,686
38 423
-2,918
3,428
3,906

265
1 187
-680
2,400

48

48

65
136,007
42,861
171
10,829
-38
528
129
1,514
647
286
4,166
4,348
258
992
8,282
5,345
620
2
6,853
1,106
1,199
13,964
2,901
254
219
290
267
43
9
16
135
2,120
290
2,419
25
597
246
539
419
4,602
1,099
787
217
833
1,538
290
538
8 069
2,391
90
1,112
6,049
3,319
2,634
5,820
3,285
542
4,517
269
11,328

65

2^218

136,007
42,861
171
10,814
-38
528
104
1,514
647
286
4
4,348
258
992
8,282
5,345
620
2
6,853
1,106
1 199
13,964
2,901
254
219
290
267
43
9
15
135
1,350
190
105
183
116
94
296
809
610
114
28
821
101
290
290
2,378
58
3,348
2,375
1,942
5,742
2,877
542
4,402
269
11,328

19,954
4,508
118
16,609

19,954
4,508
118
11,820

15,147
901

15,147
901

13,490
909
3,529
18,889
5,975
22,754
2,143
-3,312
5,271
-2,816
-89,952
-32,414
3,644
990

13,490
909
3,529
8,029
5,975
22,754
2,143
-3,312
5,271
-2,816
-89,952
-32,414
3,644
990

2,526
627,383

408
627,383

Total
commodity
output

GDP

Consumption
expenditures

14

24

4,162

1
769
100
2,314
25
414
130
445
123
3,793
489
673
189
12
1,437
248
8 069
13
90
1,054
2,701
944
692
78
408
22,584
115

4,789

10,860

2,118

-61,558
-219
640,385
88,366
18,442
295,025
38,079
343
9,568
54,571
13,237
6,910
49,815
19,258
1,853
18,991
33,768
16,633
3,918
6,727
57,115
40,593
2 737
75,758
17,556
4,802
755
-735
-10,771
-6,816
214
7,929
1252
6,486
10,616
46,382
9 552
26,654
26,883
18,252
3,707
58,221
14,422
8,811
16,358
1,024
67,914
-1,565
9,728
218,512
14,906
75,123
37,084
88,937
13,677
33,889
38,263
60,608
78,549
7,687
163,944
3,433
115,495
42,079
29,960
409,319
640,987
350,750
190,684
591 837
290,208
41,798
89,256
184,618
93,237
79,666
2,843
309,974
152,911
124,615
710,129
276,969
13,697
33,454
-66110
-6,226
920,196
12,464
10,751

100,418
136 349
14,925
43,414
12,879
22^973
112,799
15^143
640,725
303,583
18,827
485,921
41,558
44,147
21,522
71,751
27,251
117,788
60,223
114,078
38,413
24,336
98,353
149,371
24,613
67,749
85,355
52,380
18,346
175,401
156,843
9,532
22,613
62,304
102,368
87,421
13,021
71,140
52,689
78,094
24,588
53,075
13 945
40,374
33,615
40,658
36,739
98,123
36,268
39,837
20,683
25,059
89,145
143,250
27,685
221,259
129,174
102,433
41,688
123,806
22,644
49,696
78,362
211,866
37,136
137,175
37,648
314,228
5,180
232,885
111,176
65,740
804,290
694,876
639,350
337,367
591,837
741,073
77,855
119,364
305,384
338,350
533,214
186,963
357,943
251,976
190,881
726,052
302,241
74,750
43,561
1,542
920,196
12,464
10,751

8,318,442
538,185




304,208

48J413

152,665

32,899

949,715

766,412

1831303

14704,030

Commodity

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
80
81
82
83
84
85
I
VA
T

36

January 2001

SURVEY OF CURRENT BUSINESS

Table 8—Industry-by-lndustry
[Total requirements, direct and indirect, per dollar

Industry
number

Each entry represents the output required, directly and indirectly, of the industry named at
the beginning of the row for each dollar of delivery to final demand of the industry named at
the head of the column.

Industry number

1
2
3
4
5+6
7
8
9+10

11
12
13
14
15
16

17
18
19
20+21
22+23

24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B

72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
84
85
T

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures ...
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines ..
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances .
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services, passenger ground transportation
Motor freight transportation and warehousing
Water transportation ....
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
General government industry
Household industry
Inventory valuation adjustment
Total industry output multiplier

* Less than .000005.




Livestock
and
livestock
products

Other agricultural
products

Forestry
and fishery
products

Agricultural,
forestry, and
fishery
services

Metallic
ores
mining

Coal
mining

Crude
petroleum
and
natural gas

Nonmetallic
minerals
mining

New construction,
including
own-account
construction

1

2

3

4

5+6

7

8

9+10

11

1.20706
.44264
.00265
.09095
.00090
00299
.03745
.00457

.00448
1.04742
.00084
.07493
.00067
00136
.04087
.00760

.03528
.06702
1.02863
.25595
.00050
00083
.02742
.00237

.02727
.12921
.00172
1.01609
.00054
00089
.02418
.00492

.00097
.00225
.00099
.00372
1.14016
.00785
.04552
.00441

.00077
.00183
.00073
.00226
.00156
1.11522
.03979
.00231

.00057
.00139
.00061
.00275
.00133
.00224
1.35764
.00184

.00058
.00110
.00040
.00139
.00163
00714
.04980
1.03652

.04255
.00005
.31161

.02827
.00003
.00437

.04241
.00004
.06419

.01965
.00004
.01349

.02109
.00006
.00278

.07793
.00003
.00198

.02370
.00006
.00239

.00453
.00388
.00044
.00152
.01020
.00024
.01982
.01165
.00529
.00988
.02317
.04345
.00830
.00713
.00371
.00103
.03485
.02384
.00085
.00360
.00330
.00918
.00833
.00670
.00313
.00228
.00937
.00067
.00354
.00033
.00144
.00068
.00219
.00353
.00168
.00099
.00194
.00022
.00184
.00078
.00478
.00550
.00017
.00521
.00062
.00066
.00132
.00076
.00209
.02230
.06559
.00210
.00795
.00696
.01702
.00397
.03092
.01146
.00277
.14395
.00390
.03060
.01985

.00721
.00268
00042
.00269
.00937
.00015
.01041
.00915
.00229
.00467
.02441
.08415
.00683
.00172
.00408
.00066
.03467
.01251
.00013
.00072
.00313
.00578
.00371
.00072
.00214
.00111
.00624
.00046
.00350
.00027
.00092
.00042
.00177
.00273
.00108
.00063
.00127
.00015
.00112
.00050
.00305
.00527
.00011
.00373
.00039
.00024
.00066
.00050
.00137
.00535
.02851
.00124
.00486
.00337
.00982
.00167
.01248
.01192
.00268
.07731
.00217
.01845
.02061

.00283
.00624
00031
.00156
.00588
.00014
.00821
.00556
.00280
.00604
.01239
.02704
.00461
.00098
.00276
.00075
.02861
.00789
.00012
.00119
.00239
.00539
.00423
.00172
.00247
.00126
.00457
.00205
.00288
.00016
.00071
.00040
.00131
.00179
.00097
.00103
.00136
.00018
.00128
.00048
.00253
.00164
.00019
.00590
.00078
.00079
.00168
.00050
.00087
.00447
.01783
.02928
.00960
.00478
.00883
.00202
.00670
.00558
.00133
.05112
.00497
.02355
.00988

.00258
.00299
00029
.00214
.00378
.00012
.00661
.00650
.00307
.00519
.02125
.08283
.00504
.00183
.00386
.00069
.01662
.00718
.00013
.00092
.00186
.00389
.00297
.00084
.00131
.00093
.00436
.00034
.00151
.00018
.00052
.00038
.00081
.00171
.00085
.00058
.00083
.00012
.00133
.00045
.00240
.00193
.00012
.00406
.00115
.00019
.00099
.00065
.00084
.00463
.02426
.00094
.01694
.00388
.01117
.00217
.00748
.00683
.00092
.05660
.00186
.02032
.00886

.04715
.00007
.00373
.00001
.00082
.00045
00016
.00022
.01308
.00027
.00487
.00231
.00218
.00435
.08109
.00256
.00811
.00077
.00204
.00128
.03905
.01624
.00006
.00089
.00913
.05939
.00939
.00068
.01505
.00466
.00646
.00606
.02965
.00719
.00316
.00083
.00816
.00640
.00117
.00114
.00499
.00025
.00125
.00054
.0030
.00118
.00019
.00432
.00089
.00055
.00108
.00060
.00103
.01169
.03531
.00216
.00737
.00440
.01066
.00161
.07082
.02101
.00107
.07079
.00512
.02489
.00920

.00625
.00053
00042
.00024
.00843
.00025
.00447
.00210
.00236
.00463
.02869
.00119
.00697
.00029
.00108
.00084
.04393
.02369
.00006
.00099
.01050
.0270
.01010
.00037
.00883
.01130
.00904
.00992
.06325
.00837
.00271
.00091
.01635
.01126
.00110
.00099
.00616
.00019
.00181
.00045
.00311
.00143
.00030
.00486
.00120
.00129
.00090
.00062
.00105
.03986
.03362
.00391
.00854
.00511
.00969
.00171
.02981
.00943
.00099
.08008
.00373
.02492
.00749

.00043
.00031
.00011
.00020
.00856
.00017
.00307
.00101
.00214
.00390
.01739
.00086
.00244
.00018
.00074
.00094
.01597
.00510
.00006
.00062
.00727
.03199
.00524
.00022
.00484
.00137
.00944
.00065
.00445
.00075
.00110
.00030
.00235
.00340
.00089
.00130
.00243
.00029
.00417
.00056
.00198
.00064
.00008
.00214
.00047
.00024
.00067
.00051
.00084
.00415
.01223
.00151
.00587
.00243
.00982
.00161
.02050
.07728
.00152
.03049
.00671
.02089
.00814

.00071
.00039
00014
.00017
.00381
.00023
.00417
.00166
.00250
.00436
.03241
.00105
.00518
.00032
.00103
.00075
.04034
.01691
.00005
.00131
.00245
.03212
.00738
.00036
.00810
.00378
.00562
.00592
.0340
.01502
.00192
.00077
.01141
.00499
.00112
.00091
.00633
.00015
.00091
.00045
.0030
.00171
.00023
.00627
.00081
.00043
.00073
.00042
.00107
.00770
.03356
.00144
.00645
.00419
.00983
.00189
.04286
.03091
.00101
.07008
.00578
.02122
.00830

.13246
.00449
.00334
.00897
.02068
.05211
00434
.00448
.01124
.00457
.02540
.00321
.00569
.01379

Ti753
.00261
.00237
.00504
.01432
.03515
00183
.00248
.00728
.00241
.00015
.00181
.00314
.00883

.03044
.00478
.00240
.00625
.04105
.04563
.00222
.00508
.00972
.00449
.00081
.00445
.00352
.00657

.03775
.00338
.00339
.00501
.02451
.03360
.00238
!00365
.01108
.01069
.00063
.00174
.00345
.00486

.03718
.00561
.00226
.00860
.03361
.04435
00177
!00657
.00724
.00215
.00009
.00397
.00671
.01305

.06415
.00635
.00204
.00760
.03420
.03888
00188
!00673
.00644
.00303
.00008
.00518
.00411
.01140

.31751
.00531
.00172
.00590
.04032
.03341
00176
100516
.00575
.00265
.00006
.00217
.00399
.01373

.03906
.00468
.00146
.00863
.02261
.03232
00207
!00551
.00560
.00209
.00007
.00201
.00466
.00940

.03162
.00381
.00243
.00915
.08568
.06478
00250
.'00417
.00905
.00262
.00012
.00194
.00504
.00524

3.10816

1.88817

2.04939

1.76272

2.07529

1.99215

2.24568

1.78595

2.04597

n

.00091
.00560
.00473
.00550
.00228
00185
.02053
.01188
1.00053
.01208
.00008
.00236

.00*0
.00280
00027
.00096
.07414
.00408
.01121
.00354
.00306
.00591
.01972
.00156
.00925
.00023
.00143
.00816
.02028
.02782
.00013
.00468
.06304
.03372
.02637
.00052
.05520
.00529
.02450
.00111
.00365
.00386
.00309
.00095
.00866
.00450
.00170
.01460
.00963
.00267
.01653
.00425
.00579
.00265
.00017
.00444
.00059
.00071
.00449
.00080
.00389
.00542
.03635
.00136
.00565
.00314
.01358
.00227
.01095
.00731
.00127
.07717
.04078
.02314
.01197

January 2001 •

SURVEY OF CURRENT BUSINESS

37

Total Requirements, 1997
of delivery to final demand, at producers' prices]
Maintenance
and repair
construction,
including
own-account
construction

Ordnance
and accessories

Food and
kindred
products

Tobacco
products

Broad
and
narrow
fabrics, yarn
and thread
mills

Miscellaneous
textile
goods and
floor
coverings

Apparel

Miscellaneous
fabricated
textile
products

12

Lumber and Furniture
wood
products and fixtures

20+21

P a er and
allied
products,
except
containers

Paperboard Newspapers
Other
printing and
and
containers
and boxes periodicals publishing

26A

26B

Industrial
and other
chemicals

Agricultural
fertilizers
and
chemicals

27A

27B

13

14

15

16

17

18

19

24

25

.00100
.00638
.00635
.00640
.00204
.00160
.02665
.01256

.00063
.00137
.00061
.00226
.00230
.00164
.01050
.00111

.24614
.20261
.00775
.02918
.00134
.00268
.02651
,00278

.00096
.09397
.00038
.00733
.00028
.00141
.00935
.00116

.01502
.09613
.00061
.00871
.00169
.0040
.03686
.00430

.00841
.02431
.00074
.00362
.00224
.00388
.04420
.00493

.00596
.03117
.00252
.00418
.00085
.00276
.02284
.00192

.00614
.02982
.00082
.00374
.00099
.00248
.02444
.00234

.00528
.03546
.08834
.02519
.00095
.00188
.02011
.00203

.00234
.00944
.00791
.0040
.00311
.00278
.01843
.00179

.00311
.00632
.00657
.00346
.00144
.00601
.03531
.00722

.00175
.00345
.00297
.00222
.00154
.00424
.03102
.0040

.00068
.00126
.00075
.00144
.00037
.00116
.00942
.00113

.00091
.00182
.00123
.00144
.00068
.00171
.01484
.00192

.00274
.00994
.00105
.00265
.01443
.00489
.12990
.01845

.00555
.00611
.00135
.00250
.00316
.00388
.15375
.05406

1.01181
.00007
.00238

.01734
1.01032
.00228

.02699
.00004
1.25872

.02503
.00005
.00844
,00001
1.26858
.00376
.00636
.00142
.00512
.00019
.01009
,00512
,00346
.00603
.13067
,01272
.18547
.00135
.00696
.00183
.02299
.02293
.00024
.01053
.00240
.0050
.00410
.00116
.00175
.00106
.00361
.00042
.00096
.00027
.00136
.00227
.00106
.00435
.00137
.00070
.00136
.00024
.00093
.00045
.00329
.00098
.00010
.00280
.00059
.00034
.00076
.00083
.00139
.01008
.03496
.00144
.00798
.00385
.01089
.00264
.03557
.01871
.00207
.10068
.00316
.02434
.00814

.03244
.00006
.00902
.00002
.23105
1.03068
.00473
.00140
.00588
.00019
.01446
.00680
.00580
.00874
.17399
.00867
.25602
.00164
.01192
.00244
.02697
.03378
.00022
.00353
.00294
.00681
.00552
.00147
.00233
.00134
.00447
.00052
.00084
.00031
.00152
.01184
.00151
.00460
.00162
.00089
.00188
.00024
.00106
.00057
.00385
.00079
.00011
.00315
.00069
.00043
.00098
.00099
.00177
.01237
.04836
.00226
.00929
.00484
.01434
.00447
.02927
.02228
.00268
.10568
.00341
.02888
.00816

.02188
.00006
.00679
.00001
.37030
.00549
1.23766
.04093
.00470
.00025
.01016
.00467
.00647
.01020
.05293
.00468
.07212
.00068
.00912
.00101
.01483
.02028
.00974
.00362
.00179
.00428
.00391
.00068
.00154
.00104
.00312
.00038
.00057
.00025
.00104
.00456
.00106
.00290
.00147
.00067
.00140
.00024
.00078
.00053
.00362
.00076
.00009
.00264
.00077
.00045
.00067
.00081
.01309
,00621
.03243
.00102
.01102
.00365
.01349
.00507
.02439
.01413
.00143
.10779
.00267
.02771
.00802

.02059
.00004
.00992
.00001
.36504
,05923
.05330
1.01885
.00657
.00021
.00976
.00411
.00424
.00804
.07016
.00509
.08857
.00073
.00403
.00109
.01566
.03293
.03039
.00363
.00216
.00401
.00329
.00078
.00148
.00099
.00312
.00033
.00054
.00023
.00127
.00320
.00083
.00350
.00120
.00057
.00108
.00019
.00073
.00046
.00310
.00061
.00008
.00223
.00067
.00029
.00067
.00070
.00267
.00619
.03383
.00112
.00950
.00352
.01196
.00324
.02213
.01414
.00175
.10689
.00259
.02525
.00753

.01902
.00004
.00852

.01809
.00006
.00575

.00245
.00329
.00033
.00056
1.4527
.00422
.00834
.00592
.00365
.00658
.01951
.00760
.01124
.00037
.00144
.00330
.01831
.01990
.00024
.00393
.01164
.01316
.00834
.00057
.01232
.00805
.01743
.00066
.00090
.00054
.00210
.00141
.00274
.00457
.00126
.00283
.00175
.00262
.00347
.00050
.00384
.00104
.00030
.00877
.00065
.00069
.00089
.00068
.00321
.01224
.05621
.00411
.00789
.00455
.01140
.00272
.01816
.00819
.00162
.12596
,00319
.02452
.00781

.06358
.03131
.00159
.00110
.12162
1.00544
.01615
.01625
.00513
.00810
.03041
.00230
.02970
.00034
.00233
.00695
.01411
.05153
.00135
.00466
.00690
.06142
.02591
.00066
.00312
.01555
.05265
.00053
.00091
.00033
.00312
.00191
.00407
.00578
.00126
.00090
.00228
.00043
.00123
.00049
.00369
.00067
.00020
.00318
.00080
.00036
.00098
.00076
.00178
.00799
.03684
.00139
.00825
.00342
.01273
.00396
.01765
.01027
.00147
.11462
.00366
.02348
.00686

.03156
.00005
.01334
.00002
.00740
.00864
.00043
.00044
.10050
.00068
1.17505
.01817
.00444
.00978
.08870
.00375
.04417
.00097
.00783
.00163
.02205
.05273
.00010
.00141
.00417
.00786
.00707
.00101
.00301
.00196
.00880
.00055
.00097
.00036
.00177
.00464
.00167
.00502
.00152
.00106
.00188
.00039
.00141
.00051
.00357
.00073
.00013
.00366
.00066
.00054
.00130
.00124
.00157
.01558
.06086
.00219
.00848
.0050
.01197
.00338
.03017
.02382
.00335
.09595
.00448
.02591
.00732

.02591
.00005
.00749
.00003
.00381
.00403
.00033
.00044
.04377
.00044
.46324
1.01092
.00360
.00960
.06664
.00248
.02566
.00069
.00407
.00489
.02412
.03204
.00008
.00106
.00349
.01611
.00932
.00083
.00229
.00233
.01273
.00054
.00075
.00030
.00221
.00704
.00169
.00533
.00164
.00084
.00183
.00025
.00109
.00054
.00391
.00073
.00014
.00367
.00080
.00056
.00181
.00193
.00124
.01860
.08021
.00173
.01056
.00610
,01363
.00271
.02353
.01612
.00233
.11111
.00349
.02750
.00781

.01575
.00004
.00272
.00001
.00099
.00099
.00013
.00020
,01047
.00019
.09778
.00281
1.01663
.07634
.01954
.00080
.00528
.00021
.00111
.00044
.00735
.00826
.00009
.00044
.00124
.00246
.00214
.00024
.00104
.00070
.00255
.00025
.00026
.00012
.00055
.00130
.00053
.00141
.00171
.00045
.00079
.00011
.00059
.00049
.00270
.00062
.00008
.00238
.00043
.00022
.00088
.00293
.00159
.00504
.02023
.00064
.00598
.00209
.01334
.00622
.00876
.00493
.00080
.03864
.00205
.01793
.00520

.01758
.00004
.00379
.00001
.00262
.00194
.00020
.00026
.01575
.00022
.15945
.00773
.00886
1.09152
.03916
.00137
.01096
.00040
.00184
.00071
.01049
.02403
.00010
.00066
.00172
.00402
.00367
.00041
.00137
.00099
.00356
.00030
.00037
.00016
.00099
.00538
.00082
.00259
.00157
.00052
.00107
.00014
.00070
.00050
.00299
.00055
.00008
.00233
.00052
.00026
.00170
.00642
.00216
.00722
.03356
.00086
.00712
.00295
.01119
.00354
.01328
.00844
.00120
.05993
.00216
.01983
.00567

.03721
.00010
.01288
.00003
.00171
.00065
.00023
.00028
.00674
.00021
.01293
.00817
.00471
.00801
1.30789
.01684
.03058
.00303
.00820
.00812
.05204
.02405
.00008
.00212
.00551
.01511
.01085
.00765
.00290
.00176
.01184
.00071
.00189
.00062
,00179
.00338
.00182
.00681
.00174
.00151
.00312
.00023
.00137
.00059
.00404
.00078
.00012
.00328
.00072
.00049
.00246
.00149
.00122
.01432
.05143
.00265
.00846
.00713
.01292
.00363
.03198
.04270
.00458
.10180
.00390
.02847
.00813

.03510
.00006
.02717
.00002
.00101
.00052
.00021
.00027
.00593
.00018
.01357
.00741
.00683
.01554
.14089
1.12523
.01420
.00359
.01193
.00166
.03273
.01983
.00008
.00190
.00535
.01090
.00761
.00605
.00262
.00145
.00705
.00080
.00271
.00104
.00106
.00082
.00216
.00301
.00164
.00090
.00194
.00021
.00134
.00056
.00365
.00079
.00014
.00387
.00064
.00056
.00116
.00103
.00129
.01724
.09123
.00315
.00805
.00681
.01319
.00522
.02416
.05274
.00360
.09331
.00421
.02910
.00835
.06105
.00643
.00499
.01410
.03531
.05947
.00571
.00673
.01331
.00465
.00023
.00341
.00468
.01415

22+23

.00231
.00265
.00028
.00113
.10073
.00085
.00945
.00332
.00296
.00550
.01891
.00170
.00928
.00023
.00156
.00861
.02906
.02935
.00013
.00237
.03750
.02923
.02420
.00053
.04694
.00453
.02111
.00092
.00283
.00061
.00246
.00082
.00422
.00342
.00145
.01347
.00732
.00299
.01531
.00359
.00510
.00223
.00017
.00465
.00053
.00070
.00354
.00070
.00422
.00538
.03493
.00140
.00523
.00328
.01303
.00223
.01032
.00665
.00127
.07502
.04746
.02125
.00820

.00258
.00078
.00050
.00029
.00670
.00054
.00608
.00362
.00329
.00495
.01851
.00199
.00881
.00038
.00084
.00095
.00787
.02236
.00008
.00177
.00388
.02559
.03471
.00027
.00294
.01183
.01693
.00122
.00062
.00021
.00404
.00468
.00693
.01023
.00760
.00057
.01283
.00021
.00246
.02433
.07960
.00160
.00014
.00239
.08837
.00021
.06426
.00102
.00082
.00371
.01665
.00053
.00941
.00236
.01050
.00244
.01341
.00598
.00097
.05834
.00171
.01977
.00519

.00299
.00189
.00033
.00097
.00923
.00028
.03960
.02699
.01075
.01777
.02593
.01874
.01032
.00559
.00350
.00150
.02090
.03628
.00026
.01109
.00262
.01227
.01766
.02533
.00213
.00309
.00865
.00053
.00147
.00028
.00137
.00104
.00193
.00311
.00146
.00086
.00180
.00020
.00131
.00059
.00402
.00220
.00015
.00411
.00070
.00047
.00087
.00079
.00193
.01453
.05228
.00226
.00945
.00492
.01413
.00849
.02078
.01373
.00214
.13304
.00477
.02899
.01226

.01121
.00003
.00245
1.09132
.00176
.00079
.00016
.00044
.00383
.00011
.02002
.01580
.02572
.03543
.01222
.0080
.01118
.00030
.00294
.00040
.00786
.01265
.00007
.00044
.00106
.00241
.00187
.00025
.00080
.00062
.00303
.00021
.00049
.00011
.00073
.00051
.00051
.00111
.00105
.00052
.00113
.00008
,00088
.00039
.00212
.00082
.00005
.00162
.00042
.00014
.00043
.00063
.00280
.00320
.01549
.00050
.00587
.00187
.01096
.02088
.00643
.00368
.00070
.03952
.00445
.01966
.00685

.03027
.00354
.00244
.00814
.04712
.06205
.00245
.00393
.00972
.00259
.00012
.00177
.00468
.00507

.02406
.00522
.00245
.01530
.01619
.04159
.00267
.00590
.00536
.00282
.00008
.00237
.00296
.00468

.06052
.00606
.00376
.01021
.01882
.05262
.00927
.00648
.01127
.00722
.00525
.00298
.00489
.01067

.02803
.00515
.00244
.00703
.02025
.03940
.02276
.00543
.00617
.01444
.00007
.00272
.00420
.00375

.03796
.00579
.00955
.01103
.02358
.04593
.00289
.00669
.01014
.00290
.00039
.00268
.00497
.01065

.03747
.00705
.00852
.01366
.02960
.05172
.00489
.00783
.01187
.00421
.00026
.00312
.00578
.01152

.04290
.00730
.00605
.01069
.02129
.11745
.00558
.00863
.00875
.00525
.00030
.00317
.00581
.00818

.04160
.00650
.00470
.00944
.02032
.04714
.00355
.00772
.00813
.00323
.00020
.00807
.00550
.00814

,03275
.00587
,00352
.00952
.01816
.04495
.00299
.00679
.01023
.00339
.00019
.00457
.00443
.00788

.03213
.00579
.00331
.00932
.02145
.04879
.00433
.00688
.00798
.00362
.00013
.00355
.00496
.00730

.03040
.00602
.00531
.01291
.01852
.04691
.00370
.00665
.01241
.00375
.00015
.00316
.00482
.01405

.03126
.00665
.00498
.01269
.01728
.04898
.00297
.00731
.01290
.00344
.00013
.00277
.00477
.01090

.05271
.00443
.00208
.01080
.02209
.06677
.00681
.00469
.00661
.00544
.00011
.00214
.00967
.00456

.04608
.00495
.00280
.00929
.01412
.04145
,00388
.00538
,00837
.00362
.00009
,00274
.00525
.00615

.05920
.00647
.00491
.01358
.05067
.05479
.00398
.00699
.01143
.00409
.00015
.00304
.00549
.01604

i"97244

1.83638

2.68436

1.70865

2.39224

2.52158

2.54625

2.34783

2.34142

2.10165

2.19954

2.36496

i!64634

-L8032

Z38958

n

n




n

0

Commodity
number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25

26A
26B
27A
27B
28
29A

29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
84
85
T

38

January

SURVEY OF CURRENT BUSINESS

2001

Table 8.—Industry-by-lndustry
[Total requirements, direct and indirect, per dollar

Industry
number

Each entry represents the output required, directly and indirectly, of the industry
named at the beginning of the row for each dollar of delivery to final demand of the
industry named at the head of the column.

Industry number
1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
Ilk
77B
78
79
82
84
85
T

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nontnetallic minerals mining
New construction including own-account construction
Maintenance and repair construction including own-account construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
,
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals ..,
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather pioducts
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment ....
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services; passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV ..
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
General government industry
Household industry
Inventory valuation adjustment
Total industry output multiplier

* Less than .000005.




Plastics
and
synthetic
materials

Drugs

28

29A

Cleaning
and toilet
preparations

Paints and
allied
products

Petroleum
refining and
related
products

Rubber
and
miscellaneous
plastics
products

Footwear,
leather, and
leather
products

33+34

Glass and
glass
products

Stone and
clay
products

Primary
iron and steel
manufacturing

29B

30

31

32

35

36

37

.00263
.00536
.00107
.00222
.00501
.00450
.08600
.01199

.00278
.00601
.00101
.00208
.00067
.00153
.01354
.00153

.00594
.00583
.00116
.00226
.00218
.00209
.03659
.00471

.00393
.00592
.00119
.00207
.00559
.00254
.05588
!00897

.00098
.00175
.00063
.00233
.00139
.00246
.80354
.00554

.00190
.00678
.00718
.00356
.00236
.00313
.03661
.00479

.0370
.03548
.00181
.00575
.00142
.00245
.03070
.00313

.0010
.00241
.00208
.00216
.00245
.00826
.03761
.01635

.00088
.00197
.0010
.00170
.00175
.00825
.03913
.07013

.00069
.00134
.00067
.00165
.03712
.02021
.03275
.00598

.03586
.00011
.01222
.00005
.00389
.00124
.00034
.00031
.00735
.00022
02598
00895
00496
00831
42471
01542
1 05973
00409
0160
00397
04847
05965
00010
00184
00407
00921
00807
00305
00274
00154
00671
00059
00125
00045
00188
00223
00177
00516
00191
00107
00207
00024
00130
00064
00418
00073
00012
00320
00072
00048
00161
00172
00139
01372
04925
00299
00872
00608
01582
00378
03204
03418
00404
10524
00389
03030
00777

.01936
.00004
.0130
.00001
00123
.00073
.00021
.00025
.00466
.00015
.01801
.01448
.02031
.03033
.04043
.00187
.00859
1 13342
.00326
.00070
.00925
.03114
.00008
.00445
.00175
.00377
.00344
00191
.00131
.00210
.00301
.00025
.00035
.00020
.00070
.00070
.00089
.00179
.00137
.00053
.00103
.00013
.00083
.00056
.00335
.00053
.00007
.00180
.00055
.00021
.00125
.00091
00263
.00435
.01554
.00063
.00769
.00223
.01555
.01633
.01241
.00766
.00149
.10226
.00255
.02358
.00559

.02219
.00007
.02202
.00002
.00283
.00169
.00029
.00046
.0070
.00026
.03554
.04217
.02080
.02843
.14155
.00420
.02406
00247
1.06505
.00240
.02929
.08560
.00011
.00654
.00257
.00938
.01099
01232
.00193
.00286
.00735
.00041
.00064
.00029
.00140
.00146
.00109
.00356
.00146
.00093
.00196
.00017
.00133
.00058
.00360
.00064
.00010
.00240
.00066
.00036
.00106
.00124
00280
.00957
.03588
.00162
.00847
.00417
.01581
.01679
.01529
.01291
.00202
.09989
.00547
.02666
.00696

.02314
.00008
.01871
.00003
.00788
.00115
.00036
.00024
.00455
.00017
.00960
.00415
.00615
.00998
.29047
.00848
.12921
00266
.00766
1.0180
.04036
.01687
.00006
.00152
.01306
.01383
.02150
03136
.00189
.00138
.00540
.00047
.00092
.00036
.00132
.00116
.00135
.00308
.00136
.00072
.00162
.00016
.00093
.00050
.00334
.00064
.00010
.00274
.00062
.00057
.00124
.00129
.00138
.01962
.05203
.00255
.00783
.00553
.01282
.00483
.01837
.01770
.00309
.10067
.00264
.02698
.00698

.06279
.00004
.00412
(*)
00064
.00039
.00017
.00029
.00794
.00019
.00584
.00276
.00366
.00628
.03481
.00126
.00427
00041
.00494
.00098
1.11883
.01006
.00008
.00373
.00718
.02118
.00524
00138
.00386
.00131
.00789
.00062
.00295
.00059
.00113
.00040
.00191
.00344
.00151
.00115
.00204
.00027
.00293
.00061
.00311
.00074
.00009
.00267
.00047
.00033
.00082
.00066
.00106
.0060
.02007
.00393
.00587
.03552
.01248
.00278
.02385
.06513
.00240
.06968
.00540
.03037
.00856

.02579
.00006
.00610
.00002
.02533
.01152
.00084
.00048
.00872
.00028
.02385
.01548
.00426
.00719
.15776
.00622
.17977
00140
.00656
.00295
.02314
1.07653
.00010
.00770
.00438
.01422
.00750
00126
.00263
.00455
.01081
.00075
.00079
.00030
.00334
.0060
.00171
.00908
.00147
.00083
.00212
.00021
.00149
.00051
.00372
.00077
.00012
.00285
.00067
.00041
.00107
.00102
.00172
.01115
.05551
.00223
.00815
.00476
.01267
.00321
.02781
.01691
.00215
.08648
.00374
.02683
.00711

.02777
.00005
.18294
.00001
.06492
.03204
.00537
.00189
.00633
.00048
.02218
.01028
.01121
.01731
.08687
.00563
.03165
.00174
.01074
.00129
.02268
.05279
1.35072
.00301
.00327
.00815
.00695
00438
.00206
.00271
.01469
.00041
.00073
.00027
.00131
.00142
.00110
.00427
.00165
.00077
.00139
.00017
.00111
.00059
.00392
.00084
.00011
.00298
.00089
.00030
.00116
.00083
.00263
.00734
.04947
.00129
.01202
.00477
.01514
.00899
.01956
.01519
.00587
.11219
.00358
.02774
.00992

.02710
.00005
.00401
.00001
.00150
.00084
.00022
.00029
.02926
.00085
.02526
.03959
.00338
.00593
.07859
.00237
.01175
00078
.00409
.00230
.02056
.03428
.00008
1.11965
.02308
.00937
.0060
00075
.00257
.00306
.00437
.00070
.00141
.00050
.00605
.00222
.00150
.00834
.00144
.00088
.00536
.00053
.00151
.00051
.00351
.00061
.00013
.00329
.00059
.00057
.00126
.00081
.00106
!01832
.03919
.00229
.00757
.00403
.01215
.00259
.03346
.03121
.00201
.09311
.00535
.02447
.00678

.02388
.00004
.00345
.00001
.00556
.00054
.00027
.00034
.01299
.00025
.01812
.00525
.00339
.00565
.04518
.00151
.01211
00048
.00384
.00291
.02483
.01755
.00007
.00328
1.12509
.01949
.00746
00053
.00293
.00295
.01109
.00091
.00310
.00123
.00338
.00066
.00272
.00463
.00132
.00079
.00213
.00019
.00127
.00049
.00302
.0010
.00016
.00440
.00057
.00052
.00088
.00064
.00169
!01430
.09505
.00460
.00684
.00635
.01157
.00255
.02903
.03117
.00191
.06868
.00378
.02280
.00753

.02831
.00009
.00276
00091
.00044
.00026
.00027
.00862
.00031
.00579
.00242
.00370
.00769
.02708
.00103
.00472
00029
.00111
.00122
.01764
.01099
.00008
.00110
.02176
1.21235
.03855
00045
.00341
.00808
.02750
.00187
.00310
.00111
.01184
.00112
.02210
.01038
.00192
.00104
.01408
.00028
.00133
.00059
.00517
.00093
.00019
.00399
.00083
.00066
.00226
.00072
.00106
!02048
.05616
.00344
.00874
.00482
.01237
.00274
.04162
.03095
.00389
.14161
.0030
.02727
.00737

04716
00674
00570
01537
05664
05506
00414
00730
01245
00441
00015
00478
00538
01445

!u3181
.00609
.00266
.01016
.04648
.06842
.01782
00704
.00639
.01172
00015
.00799
.00416
.00566

.03895
.00640
.00329
.01073
.03465
.06199
.01831
00694
.00848
.01211
00022
.00454
.00521
.00819

.03548
.00627
.00325
.01018
.03407
.04347
.00527
00671
.00905
.00495
00016
.00275
.00436
.01080

.20922
.00522
.00375
.01331
.03963
.04456
.00304
00588
.00857
.00351
00009
.00342
.00491
.01352

.03704
00614
.00454
.01228
.02783
.04767
.00351
.00689
.01071
.00373
00012
.00592
.00478
.00985

.03968
00681
.00396
.01484
.02044
.05056
.00981
.00854
.00978
.00652
00086
.00267
.00617
.01512

.03189
00585
.00495
.01261
.01851
.04571
.00284
.00686
.01083
.00290
00010
.00238
.00506
.01139

.03260
00520
.00453
.01123
.01849
.04332
.00279
.00581
!01207
.00279
00011
.00221
.00434
.01047

.03111
00598
.00679
.01668
.01987
.05434
.00301
.00677
.01404
.00341
00011
.00266
.00589
.01542

2.49018

1.86743

2.16282

2.26028

2.82131

2.19435

2.62753

2.02143

1.98367

2.17642

0

January 2001

SURVEY OF CURRENT BUSINESS

39

Total Requirements, 1997—Continued
of delivery to final demand, at producers' prices]
Primary nonferrous metals
manufacturing

Metal
containers

Heating,
plumbing,
and fabricated structural metal
products

38

39

40

Screw
Other fabmachine
ricated metal
products and
products
stampings
41

42

Engines and
turbines

Farm, construction,
and mining
machinery

Materials
handling
machinery
and
equipment

Metalworking
machinery
and
equipment

Special
industry
machinery
and
equipment

General
industrial
machinery
and
equipment

Miscellaneous machinery, except
electrical

Computer
and office
equipment

Service
industry
machinery

43

44+45

46

47

48

49

50

51

52

.00080
.00182
.00131
.00195
.05453
.00432
.02642
.00245

.00104
.00195
.00095
.00191
.02977
.00722
.03110
.00325

.00065
.00121
.00060
.00133
.01176
.00467
.01828
.00205

.00066
.00121
.00059
.00133
.01179
.00621
.01924
.00232

.00069
.00136
.00074
.00143
.00871
.00442
.01984
.00209

.00067
.00124
.00058
.00167
.00975
.00506
.01644
.00220

.00065
.00131
.00085
.00152
.00648
.00383
.01492
.00157

.00065
.00125
.00075
.00140
.00741
.00383
.01627
.00161

.00058
.00113
.00073
.00127
.00532
.00301
.01354
.00267

.00065
.00130
.00090
.00149
.00628
.00295
.01365
.00148

.00064
.00127
.00067
.00153
.00557
.00316
.01401
.00145

.00052
.00095
.00042
.00140
.00699
.00311
.01253
.00134

.00094
.00172
.00075
.00229
.00278
.00217
.01333
.00141

.00070
.00141
.00089
.00143
.00731
.00310
.01494
.00190

.02527
.00011
.0O31JI

.03005
.00017
.00435

.02707
.00011
.00270

.02032
.00009
.00277

.02215
.00013
.00266

.01807
.00010
.00254

.01804
.00013
.00259

.01704
.00008
.00236

.01829
.00009
.00259

.01678
.00008
.00239

.01781
.00008
.00201

.03264
.00013
.00366

.02064
.00019
.00278

.00253
.00067
.00029
.00027
.01439
.00039
.00747
.00420
.00330
.00637
.03595
.00147
.02565
.00032
.00143
.00116
.01832
.02334
.00007
.01453
.00778
.03535
1.42724
.00049
.00336
.00362
.01718
.00096
.00217
.00095
.01346
.00157
.01093
.00879
.00159
.00079
.00682
.00026
.00206
.00055
.00538
.00209
.00014
.00389
.00082
.00046
.00097
.00067
.00105
.01371
.05974
.00186
.00941
.00481
.01294
.00244
.04094
.01819
.00232
.16243
.00277
.02629
.00742

n

n

n

.00022
.00025
.00693
.00033
.00899
.00723
.00435
.00739
.01936
.00082
.00739
.00021
.00103
.00250
.01198
.01315
.00007
.00237
.00924
.28391
.08804
.00046
.00310
1.02255
.03096
.00099
.00180
.00052
.02646
.00110
.00932
.02623
.00160
.00094
.00581
.00030
.00155
.00052
.00428
.00094
.00027
.00345
.00079
.00041
.00123
.00073
.00105
.01017
.04210
.00155
.00815
.00360
.01192
.00331
.02552
.01566
.00560
.11559
.00299
.02615
.00687

.00070
.00173
.00027
.00028
.00698
.00045
.01187
.00758
.00440
.00702
.02902
.00111
.01467
.00029
.00137
.00527
.01233
.03639
.00008
.00271
.00748
.16947
.09232
.00060
.00410
.03005
1.06288
.00171
.00146
.00041
.00836
.00092
.00535
.01293
.00144
.00083
.00897
.00027
.00121
.00050
.00417
.00092
.00030
.00280
.00089
.00032
.00108
.00067
.00103
.00794
.03459
.00134
.00763
.00319
.01211
.00339
.02305
.01540
.00202
.10212
.00268
.02274
.00609

.00137
.00066
.00065
.00029
.00549
.00044
.00679
.00327
.00332
.00608
.01553
.00076
.00777
.00017
.00084
.00338
.01089
.02668
.00008
.00166
.01247
.22671
.07744
.00039
.01847
.04746
.05055
1.03938
.00222
.00059
.01292
.00125
.02373
.05652
.00251
.00119
.04565
.00044
.00182
.00087
.00812
.01267
.00051
.00589
.00323
.00049
.00230
.00073
.00093
.00729
.04410
.00124
.01050
.00388
.01168
.00251
.02122
.01265
.00201
.11375
.00250
.02507
.00663

n

.00061
.00186
.00033
.00033
.01030
.00050
.01023
.00679
.00460
.01498
.04875
.00167
.01758
.00043
.00176
.03148
.02001
.01864
.00009
.00646
.01010
.26206
.57913
1.05748
.00394
.00519
.03275
.00109
.00208
.00078
.01026
.00130
.00973
.01099
.00206
.00103
.00652
.00027
.00202
.00068
.00676
.00271
.00017
.00480
.00103
.00053
.00133
.00109
.00125
.01576
.0680
.00222
.01134
.00565
.01584
.00329
.03958
.02307
.00287
.19403
.00358
.03484
.00929

.01752
.00011
.00268
(*)
.00108
.00047
.00021
.00024
.00632
.00041
.00746
.00614
.00368
.00633
.02545
.00094
.00804
.00026
.00103
.00409
.0120
.01927
.00018
.00572
.00715
.20537
.13176
.00046
1.03801
.01816
.04076
.00092
.00151
.00049
.01041
.00092
.00796
.00965
.00139
.00134
.00581
.00025
.00114
.00054
.00425
.00099
.00022
.00287
.00078
.00040
.00312
.00071
.00102
.00873
.03747
.00126
.00767
.00330
.01178
.00277
.02018
.01356
.00168
.11121
.00254
.02251
.00603

.00091
.00168
.00026
.00027
.00781
.00039
.00658
.00313
.00432
.00702
.01642
.00081
.01057
.00018
.00085
.00316
.01007
.04866
.00008
.00188
.00644
.15899
.03740
.00038
.04290
.02298
.03119
.05222
1.01612
.00081
.00960
.00130
.03373
.03660
.00184
.00130
.01345
.00030
.00152
.00069
.00550
.00653
.00036
.00556
.00377
.00052
.00195
.00067
.00275
.00635
.03619
.00118
.00868
.00326
.01191
.00331
.01757
.01101
.00150
.11566
.00219
.02314
.00621

.00089
.00143
.00028
.00028
.00786
.00049
.00711
.00325
.00457
.00769
.01478
.00077
.00826
.00017
.00085
.00331
.01181
.03135
.00008
.00152
.00709
.16580
.06292
.00041
.02244
.04436
.03934
.01056
.00223
1.01738
.01051
.00167
.06615
.03968
.00192
.00136
.03622
.00041
.00148
.00075
.00679
.00607
.00042
.00374
.00148
.00046
.00179
.00073
.00631
.00658
.03394
.00108
.00972
.00335
.01386
.00352
.01730
.01127
.00149
.15208
.00232
.02340
.00682

.00044
.00086
.00025
.00019
.00915
.00025
.00593
.00408
.00364
.00577
.01752
.00072
.00545
.00018
.00074
.00378
.00951
.01679
.00005
.00108
.01327
.10752
.04837
.00036
.01097
.01530
.01951
.00136
.00130
.00045
1.04596
.00119
.01383
.03373
.00130
.00073
.02592
.00030
.00146
.00053
.00436
.00210
.00020
.00260
.00073
.00030
.00150
.00062
.00092
.00505
.02641
.00087
.00757
.00262
.01158
.00279
.01670
.00936
.00116
.08349
.00187
.01934
.00535

.00073
.00127
.00033
.00025
.01056
.00037
.01377
.00333
.00451
.00725
.01518
.00075
.00778
.00017
.00081
.00092
.00979
.02873
.00007
.00174
.00713
.10012
.08418
.00031
.02016
.01680
.03826
.00647
.00142
.00069
.01330
1.07209
.02883
.04575
.00290
.00141
.04252
.00032
.00149
.00068
.00879
.00174
.00020
.00289
.00118
.00038
.00166
.00070
.00104
.00552
.02709
.00089
.00882
.00284
.01414
.00344
.01671
.00933
.00126
.12398
.00216
.02157
.00573

00247
M550
.00026
.00026
.00632
.00028
.01091
.00516
.00450
.00694
.01358
.00073
.00969
.00015
.00079
.00108
.00974
.03457
.00006
.00134
.00768
.11081
.05734
.00028
.01529
.01640
.02181
.00345
.00140
.00080
.01106
.00151
1.07514
.03806
.00157
.00120
.03982
.00031
.00132
.00060
.00699
.00128
.00019
.00275
.00089
.00034
.00175
.00063
.00098
.00532
.02493
.00086
.00811
.00266
.01285
.00352
.01780
.01014
.00136
.10153
.00205
.02101
.00559

.00096
.00133
.00016
.00018
.00446
.00024
.00505
.00332
.00390
.00588
.01009
.00053
.00502
.00011
.00054
.00102
.00840
.01216
.00005
.00151
.00760
.10646
.10075
.00022
.00673
.01625
.02308
.00204
.00125
.00039
.01963
.00103
.01733
1.05567
.00131
.00071
.00619
.00021
.00125
.00046
.00631
.00161
.00019
.00241
.00077
.00031
.00091
.00071
.00077
.00545
.02365
.00085
.00696
.00242
.00984
.00294
.01822
.00969
.00118
.07507
.00183
.01930
.00522

.00162
.00074
.00035
.00034
.00681
.00061
.01244
.00812
.00918
.01355
.02253
.00111
.01059
.00026
.00131
.00166
.01006
.03790
.00009
.00467
.00442
.02406
.04682
.00049
.01442
.01981
.02338
.00131
.00081
.00043
.00396
.00160
.00257
.00838
1.18841
.00104
.03225
.00033
.00459
.01326
.46665
.00163
.00025
.00537
.00115
.00033
.00592
.00196
.00182
.00549
.01902
.00080
.01435
.00335
.02265
.0070
.02011
.00775
.00147
.22109
.00338
.03708
.00881

.00197
.00093
.00031
.00027
.00904
.00049
.01264
.00649
.00477
.00749
.02125
.00096
.01458
.00026
.00144
.00419
.01025
.04073
.00008
.00226
.01116
.09925
.11033
.00045
.00960
.03501
.02885
.00376
.00146
.00053
.00998
.00136
.02370
.02911
.00204
1.08121
.05992
.00071
.00829
.0010
.00861
.00121
.00034
.00337
.00108
.00039
.01681
.00084
.00520
.00641
.03104
.0010
.00914
.00311
.01253
.00366
.01791
.01032
.00220
.12137
.00279
.02456
.00636

.03222
.00647
.00474
.01267
.01863
.04875
.00268
.00737
.01135
.00311
.00010
.00304
.00569
.01192

.03898
.00872
.00664
.01652
.02377
.06192
.00361
.00968
.01517
.00465
.00013
.00425
.00627
.01347

.02988
.00572
.00340
.01040
.01672
.05449
.00303
.00669
.00842
.00295
.00010
.00265
.00439
.00769

.03054
.0060
.00513
.01339
.02273
.05443
.00363
.00707
.01069
.00369
.00010
.00484
.00507
.01366

.02859
.00564
.00398
.01163
.01920
.04679
.00371
.00659
.00924
.00325
.00009
.00266
.00446
.00865

.02620
.00640
.00416
.01322
.01595
.04642
.00275
.00735
.00948
.00318
.00009
.00271
.00447
.00821

.02348
.00578
.00350
.01137
.01916
.04330
.00362
.00672
.00831
.00360
.00008
.00238
.00463
.00659

.02811
.00589
.00324
.01019
.02156
.04641
.00385
.00689
.00804
.00342
.00009
.00237
.00473
.00684

!02572
.00508
.00267
.00860
.01781
.03767
.00305
.00634
.00685
.00266
.00007
.00212
.00366
.00583

.02969
.00572
.00296
.00951
.02119
.04292
.00377
.00691
.00717
.00351
.00008
.00219
.00471
.00604

.02354
.00534
.00337
.01002
.01803
.04202
.00385
.00646
.00767
.00326
.00008
.00219
.00410
.00627

.02774
.00501
.00281
.00804
.01752
.04330
.00322
.00580
.00667
.00308
.00008
.0020
.00339
.00610

.05087
.00908
.00421
.02951
.03776
.07268
.00765
.00959
.00990
.00737
.00012
.00519
.00601
.00747

.02496
.00591
.00335
.01172
.01886
.04271
.00401
.00691
.00803
.00387
.00008
.00356
.00390
.00757

2.37959

2.97145

2.07576

2.15792

2.02915

2.23171

2.06492

2.15952

1.81312

2.05128

1.93742

1.81197

2.71295

2.14911

n




.oooS
.00045

n

O

Industry number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B

70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76

77A
77B
78
79
82
84
85
T

40

SURVEY OF CURRENT BUSINESS

January 2001

Table 8.—Industry-by-lndustry
[Total requirements, direct and indirect, per dollar

Industry
number

Each entry represents the output required, directly and indirectly, of the industry named at
the beginning of the row for each dollar of delivery to final demand of the industry named at
the head of the column.

Industry number
1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
42 Other fabricated metal products
43 Engines and turbines
44+45 Farm, construction, and mining machinery
46 Materials handling machinery and equipment
47 Metalworking machinery and equipment
48 Special industry machinery and equipment
49 General industrial machinery and equipment
50 Miscellaneous machinery, except electrical
51 Computer and office equipment
52 Service industry machinery
53 Electrical industrial equipment and apparatus
54 Household appliances ....
55 Electric lighting and wiring equipment
56 Audio, video, and communication equipment
57 Electronic components and accessories
58 Miscellaneous electrical machinery and supplies
59A Motor vehicles (passenger cars and trucks)
59B Truck and bus bodies, trailers, and motor vehicles parts
60 Aircraft and parts
61 Other transportation equipment
62 Scientific and controlling instruments
63 Ophthalmic and photographic equipment
64 Miscellaneous manufacturing
65A Railroads and related services, passenger ground transportation
65B Motor freight transportation and warehousing
65C Water transportation
65D Air transportation
65E Pipelines, freight forwarders, and related services
66 Communications, except radio and TV
67 Radio and TV broadcasting
68A Electric services (utilities)
68B Gas production and distribution (utilities)
68C Water and sanitary services
69A Wholesale trade
69B Retail trade
70A Finance
70B Insurance
71A Owner-occupied dwellings
71B Real estate and royalties
72A Hotels and lodging places
72B Personal and repair services (except auto)
73A Computer and data processing services, including own-account software
73B Legal, engineering, accounting, and related services
73C Other business and professional services, except medical
73D Advertising
74 Eating and drinking places
75 Automotive repair and services
76 Amusements
Ilk
Health services
77B Educational and social services, and membership organizations
78 Federal Government enterprises
79 State and local government enterprises
82 General government industry
84 Household industry
85 Inventory valuation adjustment
T Total industry output multiplier
* Less than .000005.




Electrical
industrial
equipment
and
apparatus

Electric
Household
1 IUUOOI IUIU
lighting
appliances and wiring
uCjuipmGni

Audio,
Electronic
video, and components and
commuaccesnication
equipment
sories

Miscellaneous
plprtriral
machinery
supplies

Motor
vehicles
(passenger
cars and
trucks)

Truck and
bus
bodies,
trailers,
and motor
vehicles
parts

Aircraft
and parts

Other transportation
equipment

53

54

55

56

57

58

59A

59B

60

61

.00068
.00136
.00073
.00179
.00709
.00294
.01847
.00351

.00106
.00232
.00134
.00207
.00722
.00368
.02327
.00470

.00077
.00155
.00077
.00151
.00581
.00283
.01784
.00256

.00078
.00151
.00073
.00182
.00306
.00187
.01140
.00122

.00085
.00171
.00067
.00260
.00327
.00248
.01494
.00192

.00091
.00196
.00102
.00240
.00588
.00260
.01778
.00190

.00124
.00324
.00134
.00196
.00604
.00334
.02004
.00227

.00088
.00178
.0010
.00183
.01323
.00466
.01994
.00233

.00067
.00141
.00054
.00174
.00367
.00180
.01034
.00114

.00077
.00216
.00232
.00199
.00499
.00300
.01465
.00148

.01896
.00008
.00265
(*)
.00175
.00078
.00023
.00023
.00665
.00029
.01288
.00540
.00541
.00797
.01953
.00091
.01261
.00022
.00166
.00277
.01462
.03865
.00007
.00204
.03666
.07927
.09236
.00039
.00841
.02671
.01435
.01299
.00122
.00046
.00606
.00091
.00858
.01239
.00366
.00080
1.07629
.00039
.00345
.00105
.03342
.00141
.00029
.00317
.00136
.00038
.00396
.00076
.00115
.00698
.02823
.00118
.00852
.00306
.01357
.00417
.01859
.0110
.00139
.11564
.00271
.02405
.00588

.02317
.00025
.00409
.00001
.00539
.00203
.00044
.00038
.00871
.00068
.03028
.01485
.01002
.01390
.05233
.00212
.04836
.00062
.00335
.00938
.01629
.11347
.00013
.00545
.01273
.10979
.09076
.00086
.00377
.04133
.02889
.0020
.00150
.00052
.00675
.00161
.00889
.00906
.00350
.02605
.05080
1.00112
.01572
.00183
.02493
.00148
.00039
.00329
.00125
.00042
.04114
.00121
.00532
.00867
.04367
.00151
.01084
.00416
.01579
.00797
.02184
.01374
.00178
.13779
.00452
.02779
.00747

.01892
.00007
.00304

.02621
.00017
.00305

'03634
.00011
.00324

!u2307
.00014
.00350

!62474
.00019
.00424

.02710
.00015
.00343

.02032
.00378
.00249

'.01681'"
.00010
.00267

.00299
.00093
.00027
.00026
.00664
.00048
.01941
.01631
.00776
.01054
.03170
.00137
.03208
.00032
.00274
.00169
.01216
.04395
.00007
.02851
.01441
.06480
.09423
.00046
.00243
.03411
.02582
.00130
.00117
.00037
.00641
.00098
.00309
.00882
.00212
.00080
.03196
.00040
1.03251
.00079
.01429
.00114
.00032
.00261
.00072
.00031
.00144
.00078
.00385
.00646
.03218
.00101
.00804
.00309
.01285
.00609
.01915
.01173
.00157
.11596
.00399
.02271
.00614

.00225
.00105
.00027
.00028
.00671
.01005
.01247
.00559
.00585
.00901
.02120
.00098
.01272
.00025
.00138
.00140
.00832
.03828
.00009
.00400
.00332
.02577
.04384
.00038
.01150
.02011
.02395
.00058
.00074
.00030
.00374
.00132
.00217
.00761
.02927
.00092
.00702
.00027
.00940
1.05994
.35720
.00511
.00023
.00475
.00095
.00026
.01084
.00103
.00123
.00493
.01807
.00070
.01068
.00270
.01751
.00445
.01649
.00677
.00117
.13109
.00292
.02941
.00704

.00145
.00065
.00027
.00029
.00652
.00066
.01049
.00486
.00701
.01010
.03839
.00142
.01165
.00040
.00147
.00106
.01038
.02917
.00009
.01009
.00442
.02814
.05391
.00046
.00797
.01719
.04477
.00060
.00087
.00031
.00485
.00246
.00217
.01081
.02698
.00099
.00539
.00029
.00402
.00668
1.26799
.00112
.00021
.00399
.00093
.00029
.00791
.00106
.00134
.0060
.01955
.00087
.00979
.00275
.01618
.00541
.02293
.00876
.00145
.11771
.00311
.02925
.00711

.00348
.00140
.00033
.00032
.00627
.00050
.01717
.01586
.00571
.00867
.04245
.00172
.03149
.00042
.00192
.00113
.01225
.08822
.00010
.00313
.00477
.04571
.09308
.00053
.00786
.01824
.03144
.00103
.00096
.00040
.00573
.00142
.00684
.01056
.01811
.00086
.01953
.00028
.00479
.00517
.13031
1.03188
.00024
.00509
.00091
.00035
.00758
.00127
.00136
.00672
.03337
.00106
.00949
.00334
.01378
.00426
.02124
.01058
.00218
.13990
.00332
.02683
.00687

.01810
.01014
.00219
.02442
.01069
.02653
.01256
.00706
.00679
.01082
.03863
.00169
.02719
.00041
.00195
.01245
.01468
.09344
.00092
.01523
.00779
.08483
.06251
.00087
.00879
.10439
.03703
.01599
.00246
.00059
.00773
.00170
.01091
.02686
.00641
.02062
.00653
.00078
.00803
.00875
.05798
.01868
1.01012
.31055
.00245
.00062
.01123
.00126
.00212
.00952
.04703
.00139
.01510
.00488
.01530
.00519
.02039
.01168
.00237
.16283
.00353
.05104
.00905

.00259
.00163
.00033
.00069
.00995
.00139
.01199
.00821
.00890
.01270
.03114
.00130
.01886
.00031
.00144
.00633
.01373
.04522
.00012
.00414
.00996
.15317
.15150
.00061
.01999
.05635
.02984
.00489
.00218
.00068
.00968
.00152
.02519
.05254
.00604
.00552
.00612
.00047
.00290
.00165
.05461
.01905
.01095
1.10961
.00141
.00054
.00265
.00111
.00169
.00980
.04378
.00145
.01214
.00425
.01422
.00699
.02515
.01349
.00285
.14290
.00317
.03111
.00792

.00414
.00140
.00049
.00162
.00460
.00095
.00637
.00258
.00344
.00577
.01432
.00075
.01137
.00039
.00082
.00218
.00799
.03017
.00015
.00218
.00602
.03001
.06008
.00030
.00520
.01633
.02796
.00083
.00084
.00026
.01192
.00085
.00568
.01953
.00616
.00067
.00471
.00025
.00145
.01736
.04135
.00185
.00019
.00281
1.21783
.00023
.09039
.00124
.00124
.00408
.01775
.00066
.01278
.00284
.01035
.00256
.01344
.00599
.00133
.07260
.00190
.02408
.00546

.00476
.00320
.00063
.00566
.03326
.00275
.00653
.00318
.00399
.00638
.01763
.00100
.01353
.00020
.00095
.00537
.01089
.03673
.00024
.00799
.00603
.10173
.04481
.00044
.02027
.01957
.02839
.04650
.00253
.00048
.00545
.00104
.02984
.01619
.00203
.00444
.03549
.00335
.00448
.00420
.00996
.0050
.02911
.03905
.00348
1.03513
.00696
.00065
.00120
.00647
.03253
.00098
.00865
.00310
.01076
.00306
.01536
.00933
.00154
.10265
.00213
.02219
.00637

.02761
.00564
.00337
.00986
.01677
.04551
.00456
.00669
.00774
.00381
.00009
.00254
.00441
.00669

.03045
.00695
.00373
.01119
.02122
.05243
.00870
.00817
.00956
.00632
.00011
.00472
.00676
.00850

.03170
.00584
.00303
.01084
.01910
.04507
.00665
.00709
.00804
.00480
.00009
.00249
.00444
.00723

.03556
.00712
.00360
.01669
.02952
.05609
.00486
.00788
.00817
.00497
.00010
.00403
.00548
.00596

.03678
.00686
.00501
.01712
.03539
.06409
.00592
.00753
.00988
.00546
.00011
.00488
.00495
.00769

.03161
.00641
.00420
.01196
.02040
.05822
.00466
.00788
.00959
.00411
.00011
.00365
.00480
.00833

.03591
.00817
.00523
.01330
.02925
.05780
.00568
.00910
.06321
.00576
.00012
.00747
.00681
.00986

.03093
.00726
.00536
.01416
.02456
.05727
.00763
.00822
.01208
.00654
.00011
.00532
.00665
.01058

.02134
.00572
.00353
.01620
.02162
.04458
.00281
.00645
.00735
.00342
.00008
.00463
.00410
.00531

.03247
.00555
.00278
.00986
.01779
.04000
.00335
.00661
.00859
.00306
.00008
.00258
.00376
.00649

2.01548

2.39461

2.03568

2.27168

2.1852

2.21888

2.86011

2.51562

2.04608

2.09174

n

n

n

O

0

n

O

0

January 2001

SURVEY OF CURRENT BUSINESS

41

Total Requirements, 1997—Continued
of delivery to final demand, at producers' prices]

Scientific and
controlling
instruments

Ophthalmic
and photographic
equipment

62

63

Railroads
and
related
Miscellaneous
services;
manufacturing passenger
ground
transportation
65A

64

Motor freight
transportation
and
warehousing

Air
Water
transportation transportation

65D

65C

65B

Pipelines,
freight
forwarders,
and related
services

Communications, except
radio and TV

Radio and TV
broadcasting

Electric
services
(utilities)

Gas
production
and
distribution
(utilities)

Water and
sanitary
services

Wholesale
trade

65E

66

67

68A

68B

68C

69A

.00076
.00163
.00062
.00161
.00249
.00196
.00994
.00117

.00074
.00143
.00066
.00126
.00128
.00202
.01415
.00173

.00158
.00450
.00230
.00184
.00426
.00202
.01752
.00195

.00051
.00107
.00064
.00104
.00098
.0010
.04814
.00143

.00056
.00093
.00043
.00090
.00049
.00123
.04454
.00077

.00124
.00175
.00054
.00113
.00081
.00156
.02199
.00068

.00173
.00194
.00044
.00098
.00050
.00088
.07682
.00086

.00056
.00112
.00084
.00104
.00032
.00132
.01485
.00060

.00064
.00117
.00051
.00125
.00045
.00083
.00609
.00088

.00471
.00621
.00041
.00280
.00027
.00142
.00747
.00063

.00042
.00103
.00065
.00109
.00049
.07569
.03514
.00138

.00060
.00171
.00109
.00247
.00104
.00183
.78218
.00250

.00065
.00190
.00184
.00164
.00149
.00173
.05180
.00269

.00082
.00144
.00066
.00153
.00033
.00111
.01059
.00054

.01867
.00017
.00275

.01640
.00005
.00549

.06697
.00004
.00206

.02025
.00005
.00231

.01652
.00008
.00537

.01634
.00113
.00817

.02833
.00018
.00209

.05370
.00006
.00206

.02499
.00015
.00713

.08384
.00003
.00163

.15520
.00004
.00210

.10762
.00013
.00246

.01482
.00005
.00330

n

n

n

n

n

n

n

n

.00182
.01740
.00456
.0010
.02554
.00149
.02168
.01847
.01098
.01510
.04028
.00187
.03427
.00042
.00263
.00644
.0130
.04412
.00134
.00224
.00601
.03628
.06691
.00069
.00490
.00620
.01924
.00061
.00070
.00030
.00440
.00096
.00247
.01016
.00198
.00069
.00597
.00020
.00132
.00073
.00961
.00104
.00012
.00237
.00062
.00055
.00101
.00091
1.05652
.00599
.02896
.00109
.00705
.00287
.0130
.00866
.01480
.00935
.00122
.11690
.00317
.02092
.00617

.00048
.00082
.00059
.00036
.00845
.00026
.00472
.00148
.00318
.00847
.00978
.00049
.00328
.00011
.00071
.00098
.05913
.01168
.00007
.00241
.00378
.01876
.00741
.00024
.00427
.00273
.00997
.00446
.00081
.00021
.00248
.00042
.00893
.00461
.00224
.00158
.00796
.00034
.00196
.00082
.00509
.00228
.00098
.01205
.00080
.02271
.00091
.00060
.00107
1.04363
.01820
.00097
.00697
.01210
.01543
.00219
.00688
.00602
.00141
.05034
.00751
.02882
.00975

.00048
.00087
.00020
.00038
.00398
.00026
.00491
.00224
.00339
.00754
.00885
.00046
.00440
.00011
.00071
.00128
.05340
.01992
.00008
.00105
.00172
.00615
.00446
.00024
.00154
.00214
.00684
.00113
.00043
.00018
.00094
.00039
.00144
.00243
.00158
.00101
.00295
.00013
.00122
.00084
.00399
.00192
.00042
.01382
.00104
.00043
.00087
.00088
.0010
.00424
1.23219
.00667
.01419
.04426
.02475
.00223
.01198
.00686
.00599
.04932
.00704
.04122
.01787

.00070
.00274
.00259
.00326
.00487
.00024
.00729
.00170
.01526
.01898
.00815
.00055
.00387
.00012
.00073
.00239
.02424
.01062
.00020
.00121
.00191
.01280
.00876
.00030
.00256
.00279
.01438
.01476
.00082
.00024
.00609
.00072
.01607
.00776
.00231
.00074
.00402
.00037
.00106
.00068
.00414
.00201
.00083
.00326
.00136
.02535
.00109
.00111
.00390
.00272
.01283
1.24674
.00608
.06684
.01410
.01098
.01088
.00505
.00110
.03599
.00206
.05121
.00707

.00069
.00028
.00022
.00047
.00339
.00015
.00480
.00141
.00594
.00982
.00799
.00048
.00202
.00013
.00081
.00047
.09596
.00558
.00008
.00083
.00175
.00554
.00554
.00035
.00130
.00214
.00466
.00039
.00047
.00013
.00137
.00029
.00123
.00344
.00357
.00043
.00139
.00013
.00073
.00176
.00875
.00102
.00006
.00172
.06883
.00017
.00605
.00071
.00128
.00296
.01011
.00129
1.0633
.10030
.02307
.00449
.00847
.00770
.00110
.03424
.00185
.03142
.00778

n

.00485
.00616
.00051
.00028
.00568
.00087
.01192
.00692
.00624
.00900
.01811
.00087
.01365
.00027
.00120
.00133
.00735
.03249
.00008
.00652
.00445
.02827
.03507
.00047
.01058
.01967
.02490
.00077
.00071
.00024
.00375
.00093
.00258
.00805
.02251
.00070
.01544
.00025
.00412
.01247
.12866
.00136
.00020
.00262
.00088
.00023
1.03023
.00099
.00119
.00410
.01670
.00065
.00781
.00218
.01412
.00484
.01397
.00579
.00102
.08265
.00225
.02234
.00552

.01728
.00007
.00302
.00001
.00201
.00093
.00020
.00019
.00631
.00021
.04136
.01225
.00594
.00828
.04379
.00148
.02059
.00048
.00208
.00075
.00965
.03302
.00006
.00681
.00246
.01032
.01347
.00044
.00205
.01162
.00681
.00042
.00050
.00020
.00272
.00081
.00118
.00651
.00401
.00054
.00595
.00019
.00105
.00100
.03572
.00081
.00014
.00201
.00054
.00024
.00773
1.02896
.00105
.00573
.01855
.00089
.00636
.00223
.0130
.00455
.01139
.00782
.00110
.07862
.00241
.02086
.00517

.00044
.00142
.00028
.00214
.01211
.00021
.00824
.00358
.00945
.01879
.00507
.00038
.00249
.00008
.00046
.00047
.00965
.00848
.00017
.00097
.00172
.00413
.00346
.00013
.00184
.00124
.00510
.00099
.00032
.00012
.00060
.00040
.00416
.00267
.00881
.00076
.00238
.00018
.00079
.00172
.01092
.00282
.00010
.00312
.00071
.00029
.00070
.00148
.00214
.00260
.01345
.00213
.00922
1.02618
.04414
.00682
.01418
.00310
.00086
.02475
.00268
.03448
.01256

.00035
.00076
.00076
.00025
.00658
.00043
.00634
.00167
.00723
.01303
.00517
.00041
.00246
.00010
.00062
.00107
.00548
.00805
.00012
.00093
.00252
.00536
.00573
.00015
.00319
.00343
.00522
.00135
.00033
.00011
.00073
.00038
.00308
.00154
.00694
.00099
.00382
.00032
.00199
.02714
.03910
.00181
.00009
.00258
.00056
.00017
.00171
.00099
.00181
.00249
.00816
.00052
.00655
.00155
1.16919
.00596
.00773
.00286
.00096
.03047
.00337
.02545
.00591

.00030
.00111
.00059
.00038
.00418
.00016
.00747
.00164
.01328
.01701
.00616
.00170
.00186
.00018
.00067
.00071
.00645
.00471
.00042
.00057
.00140
.00276
.00286
.00024
.00148
.00106
.00246
.00030
.00031
.00010
.00052
.00033
.00057
.00124
.00336
.00106
.00207
.00018
.00116
.00210
.01050
.00268
.00009
.00270
.00048
.00022
.00088
.00138
.00289
.00274
.00946
.00051
.00654
.00165
.03420
1.04086
.01566
.00368
.00149
.02366
.00248
.02711
.01378

.00032
.00077
.00012
.00019
.00926
.00014
.00283
.00089
.00142
.00327
.00741
.00041
.00201
.00009
.00044
.00085
.01815
.00638
.00005
.00059
.00418
.00646
.00464
.00015
.00461
.00184
.00348
.00185
.00468
.00075
.00122
.00024
.00233
.00281
.00147
.00127
.00280
.00029
.00222
.00052
.00246
.00106
.00009
.00173
.00044
.00081
.00119
.00033
.00083
.02861
.01213
.00382
.00464
.00274
.00669
.00097
1.00495
.03612
.00085
.02193
.00471
.02701
.00579

.00050
.00058
.00012
.00029
.01626
.00022
.00389
.00124
.00214
.00431
.01297
.00077
.00267
.00015
.00075
.00152
.01713
.00692
.00008
.00075
.00843
.02231
.00608
.00022
.00797
.00147
.00816
.00055
.00293
.00052
.00127
.00032
.00196
.00270
.00227
.00232
.00246
.00050
.00415
.00084
.00303
.00102
.00008
.00238
.00068
.00027
.00095
.00060
.00119
.00385
.01279
.00142
.00926
.00867
.01007
.00156
.01561
1.31588
.00125
.03489
.00950
.03068
.00875

.00107
.00074
.00021
.00031
.02733
.00040
.00538
.00220
.00255
.00478
.03541
.00128
.00652
.00041
.00126
.00171
.03861
.01858
.00009
.00209
.00799
.01539
.01348
.00040
.00668
.00489
.01027
.00077
.00090
.00023
.00147
.00050
.00252
.00534
.00210
.00301
.00247
.00047
.00338
.00183
.00928
.00317
.00151
.05853
.00074
.00031
.02483
.00097
.00124
.00438
.03714
.00121
.00641
.00410
.03265
.00177
.01282
.03584
1.02317
.05674
.01288
.02275
.02113

.00122
.00043
.00099
.00054
.00888
.00021
.01329
.00717
.00929
.02092
.00610
.00112
.00267
.00020
.00136
.00042
.00948
.00880
.00010
.00088
.00132
.00367
.00385
.00107
.00131
.00115
.00323
.00034
.00033
.00109
.00092
.00058
.00077
.00248
.00349
.00077
.00120
.00013
.00089
.00122
.01539
.00106
.00013
.00416
.00058
.00019
.00067
.00143
.00206
.00267
.01128
.00062
.00816
.00253
.03122
.00680
.01091
.00526
.00113
1.04332
.00382
.02425
.00629

.02753
.00543
.00260
.01145
.02476
.05198
.00529
.00631
.00612
.00449
.00009
.00381
.00424
.00507

.02152
.00489
.00217
.0090
.01348
.04719
.00497
.00567
.00564
.00437
.00008
.00540
.00352
.00485

.03117
.00505
.00280
.00834
.01870
.04703
.00945
.00623
.00712
.00639
.00010
.00528
.00569
.00598

.03713
.00431
.00227
.02432
.02064
.04708
.00240
.00563
.01495
.00280
.00008
.00465
.00398
.01037

.05277
.00625
.00269
.01305
.02130
.05516
.00245
.00665
.05347
.00369
.00053
.00223
.00555
.01315

.05930
.00435
.00295
.02153
.04645
.16176
.01204
.00478
.00471
.00801
.00025
.00882
.00530
.02172

.04883
.00495
.00472
.03965
.02759
.04337
.00490
.02050
.00467
.00491
.00010
.00319
.00423
.00598

.05075
.0050
.00393
.11101
.07040
.06938
.00743
.00545
.00828
.00612
.00011
.01175
.00850
.00484

.03783
.00523
.01014
.02178
.05339
.05249
.00566
.00546
.00873
.02369
.00009
.00345
.00695
.00410

.07902
.00551
.00642
.02162
.03772
.07692
.01120
.00593
.00978
.53579
.00034
.00920
.00705
.00793

.02860
.00364
.00134
.01564
.02136
.03095
.00107
.00439
.00369
.00197
.00006
.00673
.00483
.00740

.19422
.00541
.00159
.01107
.06052
.04258
.00172
.00563
.00656
.00320
.00007
.00250
.00536
.02016

.03154
.00456
.00499
.00893
.05459
.04376
.00193
.00503
.00693
.00286
.00009
.00215
.00524
.03422

.04937
.00549
.00394
.01816
.02498
.08213
.00743
.00590
.00999
.00697
.00013
.00348
.00980
.00519

1.88149

1.70087

1.96553

1.76265

1.95687

2.13922

1.89222

1.760

1.76277

2.17135

1.60633

2.93644

1.98937

1.57598

n




C)

Industry
number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
84
85

T

42

January

2001

SURVEY OF CURRENT BUSINESS
Table 8.—Industry-by-lndustry
[Total requirements, direct and indirect, per dollar

Industry
number

Each entry represents the output required, directly and indirectly, of the industry named at
the beginning of the row for each dollar of delivery to final demand of the industry named at
the head of the column.

Industry number
1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
84
85
T

Livestock and livestock products
Other agricultural products
Forestry and fishery products ....
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
New construction, including own-account construction
Maintenance and repair construction, including own-account construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing ...
Industrial and other chemicals .
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing ....
Railroads and related services; passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services, including own-account software
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
General government industry ...
Household industry
Inventory valuation adjustment
Total industry output multiplier

* Less than .000005.




Retail trade

69B

Insurance

Finance

70B

70A

Owneroccupied
dwellings

71A

Real estate
and
royalties

Hotels and
lodging
places

72A

71B

Personal
and repair
services
(except
auto)
72B

Computer
and data
processing
services

Legal,
engineering,
accounting,
and
related
services

73A

73B

.00068
.00118
.00037
.00232
.00025
.00195
.01001
.00055

.00045
.00069
.00022
.00095
.00014
.00095
.00530
.00029

.00060
00090
.00028
.00122
.00020
00067
.00468
.00033

.00051
00187
.00033
.00893
.00012
.00017
.00204
.00070

.00063
00191
.00051
.00718
.00021
.00099
.00611
.00101

.00156
00289
.00061
.00639
.00030
.00339
.01480
.00108

.00076
.00150
.00043
.00159
.00056
.00148
.01196
.00073

.00054
00095
.00033
.00168
.00044
.00083
.00538
.00048

.00043
.00072
.00022
.00131
.00015
.00072
.00426
.00030

.02327
.00003
.00247
(*)
.00073
.00038
.00019
.00023
.00432
.00016
.01450
.00257
.01484
.01811
.00471
.00051
.00221
.00008
.00073
.00044
.00905
.00722
.00048
.00048
.00136
.00298
.00250
.00013
.00142
.00092
.00285
.00063
.00030
.00012
.00053
.00039
.00063
.00146
.00176
.00079
.00093
.00017
.00105
.00074
.00331
.00099
.00015
.00543
.00043
.00018
.00057
.00085
.00248
.00264
.00992
.00059
.00563
.00164
.02008
.01187
.02205
.00499
.00168
.01609
1.00515
.03388
.00742

.01142
.00003
.00176

.01858
.00004
.00280
(*)
.00565
.00103
.00493
.00309
.00468
.00026
.01198
.00265
.00879
.02013
.01043
.00060
.00497
.00029
.00947
.00069
.00864
.01169
.00408
.00084
.00165
.00605
.00687
.00028
.00160
.00291
.00571
.00037
.00033
.00012
.00094
.00084
.00126
.00259
.00941
.00463
.00265
.01251
.00111
.00116
.01784
.00111
.00010
.00288
.00045
.00025
.00214
.00876
.01678
.00277
.01511
.00064
.00578
.00187
.02232
.00648
.01473
.00835
.00234
.03978
.00243
.02179
.00634

.01596
.00005
.00204
(*)
.00051
.00029
.00014
.00017
.00364
.00021
.01340
.00177
.00499
.01502
.00588
.00044
.00253
.00009
.00053
.00037
.00461
.00786
.00009
.0010
.00124
.00414
.00642
.00014
.00191
.00240
.00457
.00032
.00022
.00011
.00076
.00048
.00063
.00173
.06993
.00044
.00392
.00013
.00091
.00234
.07601
.00338
.00008
.00244
.00051
.00017
.00172
.00166
.00168
.00238
.00774
.00046
00693
.00153
.03297
.00341
.00749
.00268
.00072
.04606
.00156
.02251
.00446

!6ioii""

.00034
.00027
.00008
.00019
.00732
.00013
.00350
.00074
.00298
.00532
.00299
.00104
.00122
.00006
.00042
.00070
.00473
.00386
.00006
.00039
.00343
.00282
.00233
.00009
.00331
.00066
.00230
.00021
.00031
.00008
.00034
.00019
.00050
.00064
.00076
.00105
.00085
.00031
.00122
.00055
.00151
.00046
.00007
.00198
.00028
.00014
.00053
.00051
.00096
.00182
.00744
.00037
00380
.00107
.01201
.00229
.01036
.00390
.00254
01071
.00383
.01865
.01461

.04562
.00005
.00576
(*)
.00440
.00106
.00136
.00760
.00658
.00022
.01026
.00336
.00776
.01226
.00701
.00296
.00337
.00018
.00191
.00062
.00897
.00905
.00040
.00537
.00316
.00346
.00284
.00024
.00241
.00103
.00295
.00037
.00049
.00015
.00064
.00044
.00077
.00136
.00195
.00103
.00152
.00059
.00125
.00092
.00341
.00082
.00010
.00305
.00058
.00030
.00089
.00108
.00242
.00366
.01716
.00083
.00817
.01671
.02385
.00535
.03901
.01246
.00528
02181
.00454
.08395
.00662

.08740
.00486
.00453
.01279
.01974
.06896
.01296
.00599
.00775
.00885
.00011
.00239
.00978
.00792

.04816
.00415
.00189
.03429
.04227
.06742
.00534
.00431
.00473
.00473
.00010
.00307
.03539
.00446

.06192
.00717
.00238
.01798
.05513
.08389
.00471
.00747
.02272
.00541
.00013
.00318
.01667
.00394

.04873
.00001
.00044
(*)
.00017
.00017
.00003
.00009
.00497
.00006
.00101
.00031
.00059
.00128
.00151
.00155
.00062
.00005
.00018
.00044
.00192
.00189
.00002
.00017
.00188
.00166
.00134
.00005
.00245
.00029
.00121
.00009
.00052
.00004
.00016
.00007
.00026
.00026
.00029
.00068
.00043
.00015
.00077
.00023
.00055
.00020
.00002
.00048
.00007
.00006
.00022
.00015
.00033
.00051
.00282
.00013
00088
.00032
.00263
.00042
.00121
.00068
.00020
00544
.00268
.03176
.03273
1.00000
.03780
.00065
.00035
.00193
.01037
.01245
.00047
.00064
.00152
.00055
00003
.00033
.00173
.00125

.06737
.00002
.00130

.00044
.00018
.00011
.00043
.00243
.00033
.00724
.00106
.00717
.01579
.00279
.00024
.00105
.00005
.00037
.00022
.00449
.00279
.00013
.00040
.00073
.00160
.00151
.00008
.00072
.00057
.00171
.00024
.00016
.00007
.00031
.00025
.00042
.00070
.00367
.00032
.00074
.00008
.00044
.00081
.00452
.00087
.00006
.00196
.00040
.00017
.00036
.00133
.00202
.00212
.01518
.00110
.00578
.00168
.02538
.00489
.00612
.00301
.00125
.01241
.00121
1.24222
.00696

.01298
.00004
.00243
(*)
.00045
.00021
.00013
.00034
.00281
.00023
.00710
.00116
.00598
.01576
.00332
.00031
.00147
.00006
.00039
.00049
.00432
.00486
.00011
.00062
.00083
.00229
.00215
.00011
.00086
.00097
.00267
.00036
.00017
.00008
.00039
.00030
.00050
.00087
.00347
.00048
.00089
.00009
.00059
.00102
.00433
.00147
.00014
.00417
.00057
.00022
.00087
.00202
.00170
.00287
.01085
.00061
00814
.00187
.03535
.00431
.00499
.00210
.00079
.01386
.00172
.13809
1.36854

1.08051
.00338
.00286
.00418
.02616
.04374
.00251
.00345
.00902
.00261
00007
.00156
.00505
.00783

.08223
1.00662
.00882
.01522
.02651
.12482
.00589
.00853
.00889
.00547
00021
.00383
.01111
.01713

.07426
.00436
1.04572
.01159
.05025
.05807
.00707
.00499
.00759
.00541
00010
.00485
.00891
.00825

.09071
.00470
.00337
1.1019
.02753
.06552
.00373
.00528
.00792
.00418
00010
.01063
.00899
.00440

.06798
.00546
.00189
.02936
1.09133
.12007
.00183
.00439
.00596
.00268
00017
.00519
.01201
.00364

1.55873

1.68641

1.99581

1.24827

1.43832

1.79206

1.71082

1.76243

1.53408

0

O

.00005
.00161

0

.00031
.00017
.00010
.00014
.00250
.00016
.00678
.00118
.00308
.01148
.00300
.00028
.00116
.00006
.00049
.00023
.00372
.00354
.00024
.00127
.00088
.00167
.00160
.00009
.00069
.00062
.00187
.00021
.00016
.00009
.00046
.00034
.00041
.00101
.00481
.00033
.00089
.00008
.00042
.00079
.00492
.00179
.00006
.00171
.00042
.00019
.00054
.00223
.00161
.00177
.00718
.00049
.00598
.00134
.02134
.00163
.00649
.00218
.00060
.01310
.00117
.02417
.00407

January 2001

SURVEY OF CURRENT BUSINESS

43

Total Requirements, 1997—Continued
of delivery to final demand, at producers' prices]
Other business
and
professional
services,

Advertising

Eating and
drinking places

Automotive repair and services

Amusements

Health
services

73D

74

75

76

77A

Educational
andsocial services, and m e m bership organizations

medical
73C

77B

Federal
Government
enterprises

State and local
government
enterprises

Scrap, used and
secondhand
goods

General
government
industry

Household
industry

Industry number

78

79

81

82

84

85

.00075
.00090
.00027
.00097
.00031
.00067
.00771
.00046

.00060
.00089
.00023
.00091
.00017
.00065
.00394
.00031

.05337
.05356
.00905
.01019
.00049
.00231
.01497
.00125

.00068
.00131
.00059
.00170
.00235
.00196
.02009
.00107

.00433
.00624
.00050
.00394
.00030
.00177
.00890
.00070

.00297
.00380
.00058
.00345
.00050
.00162
.01129
.00111

.00461
.00517
.00085
.00374
.00037
.00143
.01190
.00108

.00232
.00286
.00075
.00111
.00062
.01183
.02682
.00090

.00072
.00249
.00139
.00548
.00099
.01306
.06832
.00439

.00982
.00031
.00236

.00757
.00004
.00172

.02416
.00004
.26083

.01984
.00007
.00256

.02267
.00028
.01163

.01943
.00010
.01322

.05255
.00005
.01979

.03886
.00005
.01121

!20027
.00004
.00198

n

n

O

O

n

n

n

n

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
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
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A

n

.00053
.00025
.00038
.00018
.00263
.00015
.0090
.00266
.00395
.01108
.00774
.00040
.00209
.00012
.00176
.00050
.00740
.00640
.00023
.00137
.00114
.00355
.00288
.00024
.00086
.00132
.00258
.00071
.00042
.00051
.00224
.00169
.00158
.00229
.00357
.00084
.00374
.00012
.00098
.00078
.00622
.00131
.00013
.00327
.00056
.00118
.00089
.00255
.00234
.00281
.00974
.00051
.00707
.00176
.02076
.00254
.00585
.00299
.00068
.02070
.00276
.01938
.00493

.00063
.00027
.00016
.00055
.00261
.00014
.01445
.00138
.00532
.06658
.00456
.00034
.00162
.00007
.00042
.00024
.00337
.00437
.00011
.00041
.00057
.00172
.00161
.00011
.00056
.00068
.00164
.00024
.00017
.00009
.00040
.00054
.00040
.00096
.00293
.00041
.00078
.00007
.00051
.00066
.00322
.00091
.00010
.00301
.00032
.00018
.00043
.00174
.00198
.00193
.00674
.00037
.00447
.00111
.01801
.01004
.00603
.00196
.00039
.02063
.00144
.01678
.00367

.00156
.00087
.00029
.00099
.00542
.00018
.01622
.00945
.00880
.01382
.01090
.00537
.00485
.00129
.00145
.00066
.01097
.01850
.00015
.00466
.00329
.00490
.00559
.00537
.00157
.00151
.00362
.00035
.00062
.00018
.00067
.00118
.00166
.00165
.00126
.00076
.00111
.00022
.00108
.00056
.00304
.00103
.00012
.00378
.00054
.00027
.00060
.00061
.00343
.00621
.02708
.00119
.00746
.00282
.01313
.00690
.02426
.00978
.00287
.08442
.00365
.02623
.00713

.00214
.00115
.00065
.00131
.00490
.00244
.00841
.00358
.00744
.01054
.0150
.00076
.00901
.00018
.00141
.00382
.0190
.03483
.00017
.00766
.00325
.03045
.02527
.00036
.00410
.02056
.02049
.00830
.00097
.00025
.00264
.00101
.00474
.01101
.00258
.00836
.00582
.00041
.00517
.00107
.01311
.00753
.00455
.13533
.00131
.00032
.00242
.00098
.00169
.00495
.02114
.00087
.0090
.00470
.02037
.00563
.01586
.00858
.00213
.07390
.00881
.03881
.01056

.00192
.00039
.00111
.00060
.00462
.00016
.00835
.00211
.01241
.01669
.00792
.00278
.00234
.00027
.00091
.00107
.00724
.00553
.00081
.00059
.00135
.00292
.00299
.00037
.00139
.00110
.00270
.00027
.00036
.00011
.00052
.00033
.00056
.00126
.00187
.00162
.00105
.00015
.00165
.00080
.00345
.00468
.00010
.00303
.00047
.00026
.00084
.00103
.00398
.00274
.00996
.00061
.00620
.00166
.01841
.00948
.020
.00483
.00151
.03084
.00272
.02286
.00575

.00192
.00065
.00158
.00149
.00397
.00024
.01014
.00336
.00430
.01065
.02473
.00132
.00557
.02515
.00242
.00052
.00809
.01759
.00019
.00325
.00219
.00348
.00322
.00052
.00141
.00185
.00318
.00030
.00033
.00013
.00062
.00047
.00062
.00146
.00473
.00068
.00148
.00021
.00182
.00111
.00694
.00096
.00010
.00293
.00067
.00021
.01694
.00246
.00148
.00337
.01198
.00075
.00774
.00201
.01948
.00258
.01621
.00663
.00180
.03616
.00236
.02091
.00975

.00129
.00054
.00050
.00055
.00992
.00026
.01829
.00341
.01389
.05203
.00844
,00120
.00322
.00071
.00155
.00123
.01018
.00951
.00063
.00205
.00262
.00429
.00372
.00055
.00280
.00142
.00403
.00036
.00040
.00014
.00071
.00061
.00075
.00164
.00229
.00116
.00140
.00035
.00208
.00106
.00490
.00141
.00012
.00376
.00051
.00031
.00207
.00245
.00509
.00334
.01461
.00086
.00695
.00211
.02077
.00667
.01359
.00637
.00187
.03448
.00468
.03503
.00766

.00077
.00254
.00039
.00289
.00617
.00778
.00888
.00396
.00249
.01943
.00784
.00057
.00263
.00015
.00155
.00071
.02786
.00610
.00139
.00075
.00224
.00739
.00682
.00037
.00252
.00265
.00366
.00232
.00105
.00039
.00094
.00037
.00181
,00424
.00107
.00173
.00130
.00018
.00139
.00051
,00299
.00119
.00058
.02112
.00176
.00104
.00072
.00068
.00118
.01155
.03712
.02568
.02434
.00720
.01112
.00131
.00973
.00948
.00345
.03169
.00279
.02492
.00702

.00111
.00078
.00054
.00037
.02090
.00029
.00499
.00157
.00260
.00614
.02703
.00307
.00444
.00035
.00170
.00204
.04242
.01050
.00007
.00174
.01473
.01147
.00859
.00035
.00997
.00225
.00662
.00157
.00350
.00035
.00164
.00046
.00222
.00954
.00132
.00657
.00825
.00076
.00434
.00124
.00376
.00205
.00022
.00590
.00044
.00160
.00145
.00061
.00165
.00888
.02471
.00692
.00448
.00402
.01238
.00183
.03573
.04283
.00540
.04012
.01022
.03240
.00666

.03742
.00561
.00285
.01951
.02826
1.07781
.00279
.00649
.00724
.00474
.00013
.00422
.00827
.00338

.02056
.00365
.00210
.01013
.05282
.10058
1.00257
.00383
.01165
.03188
.00016
.00327
.00780
.00254

.07351
.00532
.00424
.00918
.02104
.05419
.00754
1.01763
.00857
.01734
.00120
.00313
.00568
.01088

.07652
.00618
.01375
.01219
.02232
.05337
.00615
.00671
1.01681
.00552
.00009
.00273
.00792
.00907

.08987
.00492
.00444
.01052
.03722
.06902
.01035
.00556
.00896
1.17114
.00050
.00303
.00806
.00770

.08855
.00642
.00392
.01563
.03040
.08434
.00284
.00940
.00965
.00346
1.01935
.00464
.01325
.00748

.12141
.00541
.00381
.01971
.03017
.10615
.00731
.00877
.00963
.01077
.00025
1.0071
.01392
.0080

.03065
.00207
,00140
.00758
,01443
.05319
.00145
.00353
,00765
.00152
.00013
.00163
1.00383
.01127

.05255
.00265
.00248
.0090
,05392
.04670
.00201
.00346
.00832
.00204
.00009
,00242
.00725
1.03291

77B
1 00000
1 00000

1.44508

1.49865




2.05976

1.97527

1.74915

1.68879

1.80539

1.62412

2.00756

1.00000

1.00000

1.00000
1.00000

78
79
82
84
85

T

44

SURVEY OF CURRENT BUSINESS

January 2001

An Ownership-Based Framework of the U.S. Current Account, 1982-98
IN THIS REPORT, the Bureau of Economic Analysis
(BEA) updates its supplemental, ownership-based
framework of the current-account portion of the U.S.
international transactions (balance of payments)
accounts.1 This presentation was developed in the first
half of the 1990's in response to interest in a supplement
to the existing international transactions presentation
that would provide additional information about ownership.2 This interest arose from the increased interdependence of world economies that occurred as
multinational companies (MNCs) have assumed a
more prominent role in international markets by integrating production processes on a global scale and as
commercial agreements have increasingly covered not
only cross-border sales but also sales through locally
established affiliates.
The globalization of economic activity can be viewed
in a number of ways. From the perspective of MNCs,
worldwide sales are aggregated irrespective of the location of the point of sale—for example, irrespective of
whether the sale originated from the plant of a company in California or from a plant of that company in
Ireland. In terms of the impact on the U.S. economy—
that is, from the traditional balance-of-payments perspective—the location of the seller is significant; moreover, for sales by affiliates, factor costs—such as labor
and capital—and other costs must be subtracted from
sales. Like the traditional international transactions
accounts, the ownership-based framework presented in
this report is organized by residency, but it broadens the
definition of the balance on trade in goods and services
to include net receipts of income by MNCs from the
sales and purchases by their affiliates. The ownershipbased account is fully consistent conceptually with the
1. For a review of the sources and methods used to prepare the supplemental
estimates, see Obie G. Whichard and Jeffrey H. Lowe, "An Ownership-Based
Disaggregation of the U.S. Current Account, 1982-93," SURVEY OF CURRENT BUSINESS 75 (October 1995): 52-61. For a general review of the issues relating to
ownership relationships in international transactions, see J. Steven Landefeld,
Obie G. Whichard, and Jeffrey H. Lowe, "Alternative Frameworks for U.S. International Transactions," SURVEY 73 (December 1993): 50-61.
2. Among those calling for more information on ownership was a National
Academy of Sciences study panel. See Anne Y. Kester, ed.( Behind the Numbers:
U.S. Trade in the World Economy, National Research Council, Panel on Foreign
Trade Statistics (Washington, DC: National Academy Press, 1992).

Note.— Jeffrey H. Lowe prepared this report.




current account of the traditional international transactions accounts and can be viewed as a "satellite" of those
accounts.3
Highlights of this presentation for 1998 follow:
• Worldwide sales by U.S. companies to foreign persons exceeded sales by foreign companies to U.S.
residents by $363 billion. Sales by the U.S. companies to foreign persons were $3,173 billion; $933
billion were from cross-border sales (exports of
goods and services), and $2,240 billion were sales
by foreign affiliates. Sales by the foreign companies
to U.S. residents were $2,810 billion; $1,100 billion
were from cross-border sales (imports of goods
and services), and $1,710 billion were sales by U.S.
affiliates.
• After deducting costs, such as those for labor, capital, and purchased goods and services, the income
to U.S. companies from the sales by their foreign
affiliates was $106 billion; this income combined
with the value of U.S. goods and services exports
yields a total value of trade accruing to the U.S.
economy of $1,039 billion. After deducting costs,
the income to foreign companies from the sales by
their U.S. affiliates was $39 billion; this income
combined with the value of U.S. goods and services imports yields a total value of U.S. trade
accruing to foreign economies of $1,139 billion.
The resulting balance of this ownership-based
measure is -$99 billion, compared with the -$167
billion balance on trade of goods and services
using the traditional balance-of-payments framework based on location of production.
The ownership-based estimates for 1982-97 have
been revised to incorporate the results of last summer's
annual revision of the U.S. international transactions
accounts, and the estimates for 1997 have been revised
to incorporate the latest financial and operating data of
3. According to the international System of National Accounts, satellite
accounts are accounts that augment the central national accounts by "expanding the analytical capacity of national accounting for selected areas...in a flexible
manner, without overburdening or disrupting the central system"; they may
introduce additional information, alternative accounting frameworks, or "complementary or alternative concepts," while maintaining linkages to the central
accounts. See Commission of the European Communities, International Monetary Fund, Organisation for Economic Co-operation and Development, United
Nations, and World Bank, System of National Accounts, 1993 (Brussels/Luxembourg, New York, Paris, and Washington, DC, 1993): 489.

SURVEY OF CURRENT BUSINESS

foreign-owned affiliates in the United States and of
U.S.-owned affiliates abroad; new estimates are presented for 1998. Among the improvements that were
incorporated last summer into the annual revision of
the U.S. international transactions accounts were the
following: Revised estimates of direct investment
income receipts and payments for 1982 forward that
reflect revised estimates of the current-cost adjustment,
which incorporated revised estimates of prices for
equipment and structures; revised estimates of "other
private services" receipts for 1986 forward that reflect
the use of improved estimates of international expenditures of international organizations in the United States
and newly developed estimates of expenditures of temporary nonagricultural workers in the United States;
and revised estimates of "other private services" receipts
and payments for 1997 forward that reflect revisions to
financial services receipts and payments.4
In the standard presentation of the current-account
estimates, U.S. sales (exports) to foreigners (line 3 of
table 1) consist only of the sales of goods and services
that are delivered to foreign markets directly from the
United States. In the ownership-based presentation,
U.S. international "sales" (line 2) also includes the
income that is received by U.S. companies from their
affiliates abroad (line 8). Similarly, in the ownershipbased presentation, U.S. international "purchases" (line
22) includes the income that is paid by foreign-owned
firms in the United States to their foreign owners as well
as the payments for the goods and services that are
directly delivered to the U.S. market from abroad. These
additions, which raise the value of total U.S. "sales" and
"purchases," provide a more comprehensive basis for
assessing the effect of net "cross-border" sales on the
U.S. economy.
In the table, the balance on goods, services, and net
4. See Christopher L. Bach, "U.S. International Transactions, Revised Estimates for 1982-99," SURVEY 80 (July 2000): 70-77.




January 2001

receipts from sales by affiliates (line 43) shows the net
result of the active participation of U.S. companies,
including U.S. affiliates of foreign owners, in international markets. Each year, this balance has been in
smaller deficit (or in surplus) than either the balance on
goods and services or the balance on current account;
in 1998, this balance was -$99.2 billion, compared with
the balance on goods and services of-$166.9 billion.
The balance was smaller because U.S. parents' receipts
of income from their foreign affiliates has been greater
than U.S. affiliates5 payments of income to their foreign
parents.
Additional information on ownership relationships
is provided by the disaggregation of trade in goods and
in services into trade between affiliated parties (that is,
trade within MNC's) and trade between unafflliated
parties. Trade within MNC's is disaggregated into trade
between U.S. parent companies and their foreign affiliates and trade between U.S. affiliates of foreign companies and their foreign parent groups. For receipts and
payments of direct investment income, the table shows
how the income is derived from the production and
sales by affiliates.5 To highlight the links between the
income and the activities that produce it, the income is
designated "net receipts" or "net payments" of direct
investment income resulting from sales by affiliates.
The addenda to table 1 provide supplemental information on the U.S. content and the foreign content of
affiliates' output; this information can be used to
describe affiliate operations and analyze the role of
direct investment in supplying international markets.
For both foreign and U.S. affiliates, output sold (or
added to inventory) is broken down between U.S. content and foreign content; the source of the content is
then broken down between the affiliates' own value
added and other content.
5. These detailed estimates can only be provided for nonbank affiliates.

Table 1 follows.

H

45

46

• January 2001

SURVEY OF CURRENT BUSINESS

Table 1.—Ownership-Based Framework of the U.S. Current Account, 1982-98
[Billions of dollars]
1982

1983

304.7

297.9

275.2
211.2
64.1
193.3
139.0
54.3
81.9
72.2
9.8
55.4
47.1
8.3
26.5
25.0
1.5

266.1
201.8
64.3
183.9
129.8
54.0
82.2
72.0
10.3
58.0
49.4
8.6
24.3
22.6
1.7

1984

1985

1986

1987

1988

347.0

395.2

489.6

603.1

289.1
215.9
73.2
189.7
128.2
61.6
99.4
87.8
11.6
71.3
61.9
9.5
28.0
25.9
2.1

310.0
223.3
86.7
212.5
140.4
72.1
97.5
83.0
14.6
72.7
61.1
11.6
24.9
21.9
3.0

348.9
250.2
98.7
247.0
164.7
82.3
101.9
85.5
16.4
79.7
66.4
13.3
22.2
19.1
3.1

431.1
320.2
110.9
306.3
214.4
91.9
124.9
105.8
19.1
95.4
79.4
16.0
29.4
26.4
3.0

537.1
389.3
147.8
382.4
261.5
121.0
154.7
127.8
26.9
112.5
90.1
22.4
42.2
37.8
4.5

33.4
895.5

99.2
92.0
73.4
55.3
58.5
56.7
45.9
35.6
63.5
928.9 1,052.8 1,194.7 1,284.9 1,493.4 1,541.6 1,574.1 1,570.6 1,757.4 2,040.7 2,233.7

2,443.4

147.4
138.8
128.8
230.9
212.3
192.0
157.6
1,065.1 1,098.9 1,106.9 1,089.1 1,200.0 1,379.3 1,509.5
224.3
196.1
252.6
240.8
201.1
201.5
975.7 1,138.5 1,256.9
887.9
902.8
905.3

1,647.8
271.4
1,376.4

1990

1991

1992

1993

1994

1995

749.3

776.9

674.8

710.0

780.8

890.3

954.6 1,052.5 1,039.4

617.3
440.4
176.9
430.0
285.6
144.4
187.2
154.8
32.5
131.4
106.0
25.4
55.8
48.8
7.1

642.8
456.8
185.9
449.2
295.7
153.4
193.6
161.1
32.5
139.6
113.8
25.8
54.0
47.4
6.7

703.4
502.4
201.0
473.9
313.0
160.9
229.5
189.4
40.1
170.8
138.3
32.6
58.7
51.1
7.5

795.1
575.8
219.2
541.8
365.9
175.9
253.2
209.9
43.3
187.1
152.7
34.4
66.2
57.2

852.1
612.1
240.0
582.0
389.5
192.5
270.1
222.6
47.5
198.6
161.8
36.8
71.5
60.8
10.7

95.3

102.5

Exports of goods and services and income receipts (IT table 1,
567.9
Receipts resulting from exports of goods and services or sales
by foreign affiliates
Exports of goods and services, total
Goods, balance of payments basis (IT table 1, line 3)
Services (IT table 1, line 4)
To unaffiliated foreigners
Goods
Services
To affiliated foreigners
Goods
Services
To foreign affiliates of U.S. companies
Goods
Services
To foreign parent groups of U.S. affiliates
Goods
Services
Net receipts by U.S. companies of direct investment income
resulting from sales by their foreign affiliates IT table 1,
line 14)
Nonbank affiliates
Sales by foreign affiliates
Less: Foreign affiliates' purchases of goods and services from
the United States
Less: Costs and profits accruing to foreigners
Compensation of employees of foreign affiliates
Other
Less: Sales by foreign affiliates to other foreign affiliates of
the same parent
Bank affiliates

23
23a
23b
24
24a
24b
25
25a
25b
26
26a
26b
27
27a
27b

28.7
886.3

65.0
721.3
111.7
609.6

66.1
668.5
102.8
565.7

123.4
3.4

123.0
3.1

Imports of goods and services and income payments (IT table 1,
line 18)

356.0

Net payments to foreign parents of direct investment income
resulting from sales by their U.S. affiliates (IT table 1, line
31)
Nonbank affiliates
Sales by U.S. affiliates
Less: U.S. affiliates' purchases of goods and services from
abroad
Less: Costs and profits accruing to U.S. persons
Compensation of employees of U.S. affiliates
Other
Less: Sales by U.S. affiliates to other U.S. affiliates of the
same parentl
Bank affiliates
Other income payments
Other private payments on foreign-owned assets in the United
States (IT table 1, line 32)
U.S. Government payments (IT table 1, line 33)
Compensation of employees (IT table 1, line 34)
Unilateral current transfers, net (IT table 1, line 35)
Memoranda:
Balance on goods and services (IT table 1, line 73)
Balance on goods, services, and net receipts from sales by affiliates
(line 2 minus line 22)
Balance on current account (IT table 1, line 76)

32.4

53.4

92.2
753.1
136.1
617.0

110.9
841.2
151.5
689.7

122.3

936.9

635.3
430.2
205.1
301.7
249.6
52.1
226.9
186.5
40.4
74.8
63.0
11.8

933.0
670.3
262.7
635.0
427.6
207.4
298.0
242.8
55.2
228.3
185.4
43.0
69.6
57.4
12.3

122.4
2.9

123.3
2.0

135.1
1.4

161.5
0.4

185.9
1.8

193.0
0.2

233.9
0.4

245.4
0.3

68.3
5.2
n.a.

57.6
5.5
n.a.

52.8
6.4
0.9

55.6
5.3
1.0

70.6
6.7
1.0

92.6
5.7
1.0

94.1
10.5
1.2

81.2
8.0
1.3

473.9

483.8

530.1

594.4

663.7

721.3

759.2

734.5

762.0

822.0

949.2 1,082.0 1,159.1 1,294.0 1,364.5

264.5
2.2

260.4
3.7

292.0
3.9

60.4
5.1
1.4

82.4
4.1
1.5

357.1
3.2

394.1
3.3

422.0
3.3

429.8
0.7

115.0
4.6
1.8

136.4
3.6
1.8

146.5
3.6
1.9

116.2
109.8
4.7
1.8

301.5

328.0

455.4

508.2

557.9

586.9

619.4

607.2

655.1

719.7

822.6

921.3

987.3 1,086.5 1,138.6

299.4
247.6
51.7
204.0
156.4
47.5
95.4
91.2
4.2
42.1
39.3
2.8
53.4
51.9
1.4

323.9
268.9
55.0
221.6
170.5
51.1
102.3
98.4
3.9
45.8
43.6
2.2
56.4
54.8
1.6

400.2
332.4
67.7
272.7
209.2
63.5
127.5
123.2
4.2
55.0
52.8
2.2
72.5
70.5
2.0

411.0
338.1
72.9
270.8
202.3
68.5
140.1
135.8
4.4
56.5
54.0
2.4
83.7
81.7
1.9

448.6
368.4
80.1
295.3
220.0
75.3
153.3
148.4
4.8
57.5
55.0
2.5
95.7
93.4
2.3

500.6
409.8
90.8
325.3
241.2
84.1
175.2
168.6
6.7
63.6
60.4
3.2
111.6
108.2
3.4

545.7
447.2
98.5
350.4
259.3
91.1
195.3
187.9
7.5
73.1
69.5
3.6
122.2
118.4
3.9

579.8
477.4
102.5
365.6
272.7
92.9
214.3
204.7
9.6
79.6
74.7
4.9
134.7
129.9
4.8

616.0
498.3
117.7
386.9
280.6
106.3
229.1
217.8
11.3
85.9
80.3
5.6
143.2
137.5
5.8

609.4
491.0
118.5
381.1
275.3
105.8
228.3
215.6
12.7
88.9
83.5
5.4
139.4
132.2
7.3

652.9
536.5
116.5
408.2
304.8

711.7
589.4
122.3
449.8
341.5
108.2
262.0
247.9
14.1
103.1
97.1
6.0
158.9
150.8
8.1

800.5
668.6
131.9
494.6
379.1
115.5
305.9
289.5
16.4
121.8
114.9
7.0
184.1
174.6
9.4

749.6
141.4
558.6
436.1
122.6
332.4
313.5
18.9
129.7
122.3
7.4
202.7
191.2
11.4

954.2 1,042.9 1,099.9
917.2
876.4
803.3
182.7
166.5
709.7
668.0
555.5
526.6
154.2
141.5
129.9
390.2
374.8
355.8
361.7
349.8
28.5
170.3
158.1
147.5
137.2
12.2
10.4
7.8
219.9
217.0
203.5
202.4
197.7
16.3

2.1
1.4
518.1

4.1
3.3
536.6

8.4
7.8
593.6

6.9
5.6
633.0

6.9
5.6
672.0

7.7
7.4
744.6

43.6
2.2
7.0
22.2
7.9
-2.3
3.5
12.2
33.1
30.3
6.6
39.7
2.4
10.7
30.2
19.3
7.5
-1.8
4.9
25.7
886.4 1,056.6 1,175.9 1,185.9 1,232.0 1,329.4 1,443.5 1,544.6 1,667.6 1,726.3

85.7
431.0
61.5
369.5

83.1
450.2
66.8
383.4

73.2
410.1

79.9
432.2

128.1
538.4
86.5
451.9

147.0
590.2
96.0
494.2

159.4
716.3
119.6
596.8

176.6
873.5
144.2
729.3

n.a.
0.7

n.a.
0.8

1.4

n.a.
1.3

n.a.
0.2

n.a.
1.5

n.a.
0.5

n.a.
-1.4

n.a.
-0.5

n.a.
-0.2

n.a.
0.5

n.a.
2.8

n.a.
4.6

n.a.
2.9

n.a.
3.9

n.a.
2.7

54.5

49.5

35.2
19.3
n.a.

30.5
19.0

47.4
24.6
2.7

57.7
26.2
2.3

72.3
31.7
1.8

38.4
2.3

95.5
40.8
3.5

82.5
40.9
4.0

63.1
39.1
4.8

57.8
39.4
5.1

76.5
44.2
6.0

97.0
57.4
6.3

97.9
67.6
6.3

112.8
88.1
6.7

127.7
91.1
7.1

-138.5

-151.7

-114.6

-90.6

-78.9

-28.3

-35.7

-68.9

-97.0

-95.9

-102.1

-105.9

-166.9

-108.5
-147.2

-113.1
-160.7

-68.3
-121.2

-35.7
-97.0

-16.3
-77.0

32.7
6.6

19.7
-47.7

-9.6
-82.7

-41.8
-118.6

-31.0
-109.5

-32.7
-123.3

-34.0
-140.5

-99.2
-217.1

800.9
718.2
298.8
419.4
82.6

815.9
348.2
467.7
92.2

1,019.4 1,094.2 1,277.0 1,294.8 1,304.1 1,301.7 1,484.5 1,700.0 1,844.4 1,933.4 2,026.4
971.9 1,148.2 1,156.0 1,156.6 1,144.1 1,292.5 1,487.7 1,613.6 1,672.5 1,766.3
908.4
403.1
383.1
440.0
595.7
560.9
494.1
442.2
440.6
441.6
568.8
525.3
708.2
1,017.9 1,051.7 1,150.8
798.4
701.9
716.1
714.4
122.3
110.9
128.8
230.9
192.0
157.6
147.4
138.8

678.0
549.9
142.1
407.8
128.1

751.6
604.6
157.9
446.7
147.0

899.7 1,070.5 1,186.6 1,190.5 1,235.5 1,336.6 1,449.7 1,551.4 1,671.7 1,730.8 1,893.1
1,004.6 1,043.5 1,127.9 1,207.9 1,289.2 1,390.0 1,451.2 1,587.1
740.3
893.8
418.1
389.4
190.4
358.1
322.6
313.0
285.7
266.3
257.6
239.3
223.4
758.7
550.0
894.9
842.1
777.2
746.9
670.4
966.5 1,031.9 1,061.8 1,169.0
188.7
159.4
306.0
279.6
241.8
208.7
192.0
186.0
176.6
281.8
262.3

65.9
44.2
21.2
n.a.

42.7
23.1

-24.2
-30.1
-38.7

Addenda:
Source of the content of foreign nonbank affiliates' sales:2
Output sold to nonaffiiiates or added to inventory, total (line 10
minus line 15 plus the change in inventories)
Foreign content
Value added by foreign affiliates of U.S. companies
Other foreign content
U.S. content

802.9
737.9
286.7
451.2
65.0

746.7
680.6
272.1
408.5
66.1

Source of the content of U.S. nonbank affiliates' sales:2
Output sold to nonaffiiiates or added to inventory, total (line 30
minus line 35 plus the change in inventories)
U.S. content
Value added by U.S. affiliates of foreign companies
Other U.S. content
Foreign content

521.5
435.8
103.5
332.3
85.7

534.8
451.7
111.5
340.2
83.1

-82.2
-94.3

-118.2

699.9
280.4
75.3

600.3
497.8

638.5
523.3

369.0
102.5

115.3

1. Conceptually, sales by U.S. affiliates to other U.S. affiliates of the same foreign parent should be subtracted,
but information on these sales is unavailable. However, because U.S. affiliates are generally required to report to
BEA on a fully consolidated basis, most such sales are eliminated through consolidation and the remaining amounts
are thought to be immaterial.

244.7
231.7
13.0
99.4
93.9
5.5
145.3
137.8
7.5

38.7
36.0

279.6
208.7
192.0
188.7
281.8
241.8
186.0
262.3
982.3 1,001.7 1,037.6 1,113.3 1,182.4 1,256.6 1,355.6 1,407.1
163.6
206.4
193.0
182.1
176.0
220.6
200.6
818.7
1,050.2 1,135.0
920.3
855.5
825.7

105.9

-22.0

-16.5

3.2
-5.5




82.6
675.7
117.6
558.1

58.3
58.2
4.1
n.a.

Imports of goods and services, total
Goods, balance of payments basis (IT table 1, line 20)
Services (IT table 1, line 21)
From unaffiliated foreigners
Goods
Services
From affiliated foreigners
Goods
Services
From foreign affiliates of U.S. companies
Goods
Services
From foreign parent groups of U.S. affiliates
Goods
Services

127.1
342.2
238.4
103.8
147.0
123.7
23.3
109.2
89.4
19.7
37.8
34.3
3.5

581.2
416.9
164.3
413.2
277.6
135.6
168.0
139.3
28.6
120.6
97.1
23.5
47.4
42.2
5.1

1,006.6 1,075.9 1,194.3 1,191.4

35.3

29.5
26.1

Other income receipts
Other private receipts on U.S.-owned assets abroad (IT table 1,
line 15)
U.S. Government receipts (IT table 1, line 16)
Compensation of employees (IT table 1, line 17)

Payments resulting from imports of goods and services or sales
by U.S. affiliates

291.1
219.9
71.2
196.5
136.1
60.3
94.6
83.8
10.8
65.6
56.7
8.9
29.0
27.1
1.9

650.5

-25.3

2. The sales exclude the affiliates' sales to other affiliates of their parent. For U.S. affiliates, data on sales to
other affiliates are unavailable.
IT International transactions
n.a. Not available

47

SURVEY OF CURRENT BUSINESS

January 2001

U.S. International Transactions, Third Quarter 2000
By Douglas B. Weinberg
(TT'HE U.S. current-account deficit—the combinJL ed balances on trade in goods and services,
income, and net unilateral current transfers—increased to $113.8 billion in the third quarter of
2000 from $105.0 billion (revised) in the second
quarter (table A, chart I). 1 The increase was mostly
accounted for by an increase in the deficit on
goods, as imports increased more than exports,
and by a decrease in the surplus on services, as services payments increased more than services receipts.
In the financial account, net recorded financial
inflows—the difference between changes in U.S.1. Quarterly estimates of U.S. current- and financial-account components are
seasonally adjusted when statistically significant seasonal patterns are present.
The accompanying tables present both adjusted and unadjusted estimates.

owned assets abroad and changes in foreignowned assets in the United States—were $123.0
billion in the third quarter, down from $152.7 billion (revised) in the second. Financial inflows for
foreign-owned assets in the United States decreased more than financial outflows for U.S.owned assets abroad.
The statistical discrepancy—errors and omissions in recorded transactions—was a negative
$9.4 billion in the third quarter and a negative
$47.9 billion in the second.
The following are highlights for the third quarter of 2000:
• Exports of goods increased strongly for the
second consecutive quarter.
• Petroleum imports increased in value for the

Table A.—Summary of U.S. International Transactions
[Millions of dollars, seasonally adjusted]

Line

Exports of goods and services and income
receipts (1)
Goods, balance of payments basis (3)
Services(4)
Income receipts (12)

1,232,407
684,358
271,884
276,165

Imports of goods and services and income
payments (18)
Goods, balance of payments basis (20)
Services (21)
Income payments (29)

-1,515,861
-1,029,917
-191,296
-294,648

r
p

Revised.
Preliminary.




71,115

324,612
180,085
69,568
74,959

2,751
-441,685

-3,500

Memoranda:
Balance on current account (76)
Net financial flow (40 and 55)

313,084
173,881

-430,187
8,747

Capital account transactions, net (39) .

Statistical discrepancy (sum of above items with
sign reversed) (70)

300,994
166,443
67,854
66,697

-406,575
-276,318
-49,615
-80,642

-48,025

Foreign-owned assets in the United States,net
(increase/ financial inflow (+)) (55)
Foreign official assets in the United States,
net (56)
Other foreign assets in the United States, net
(63)

293,717
163,949
66,372
63,396

-349,513 -368,439 -391,337
-236,973 -250,427 -266,199
-46,024 -47,170 -48,488
-70,842 -76,650
-66,516
-11,537 -11,396
-10,831
171
165
157

Unilateral current transfers, net (35) ....

U.S.-owned assets abroad, net (increase/
financial outflow (-)) (40)
U.S. official reserve assets, net (41)
U.S. Government assets, other than official
reserve assets, net (46)
U.S. private assets, net (50)

2000

1999

Lines in tables 1 and 10 in which transactions
are included are indicated in ()
(Credits +; debits - )

336,854
183,728
72,249
80,877

353,622
191,783
74,186
87,653

Change:
2000
ll-lll

361,467
200,385
74,272
86,810

-426,335 ^46,323 -462,488
-289,566 -302,014 -315,801
-51,528 -52,553 -55,359
-85,241 -91,756 -91,328

-14,260

-12,024

-12,270

-12,752

-3,993

166

170

165

-21,555 -170,842 -122,909
1,951
4,068
1,159

-114,882
1,569

-178,958
-554

-92,424
2,020

-77,204
-346

-392
-686
118
-25,741 -171,609 -124,174

3,711
-120,162

-131
-178,273

-574
-93,870

7,845
8,602
86
-843

January-September
Change:
1999-2000

2000

907,795
504,273
202,314
201,208

1,051,943
575,896
220,707
255,340

144,148
71,623
18,393
54,132

-16,165 -1,109,289 -1,335,146
-13,787 -753,599 -907,381
-2,806 -141,682 -159,440
428 -214,008 -268,325

-225,857
-153,782
-17,758
-54,317

-33,764

-37,046

493

501

15,220
-2,366

-315,306
7,178

-348,586
1,120

-33,280
-6,058

110
-76,968

684
16,902

-960
-321,524

-595
-349,111

365
-27,587

-482

-3,282

753,564

102,780

272,008

194,210

184,567

236,535

245,149

200,169

-44,980

568,998

681,853

112,855

42,864

4,274

-1,096

12,191

27,495

22,015

6,346

11,625

5,279

15,369

39,986

24,617

214,520

238,803

188,544

-50,259

553,629

641,867

88,238

43,762

-47,924

-9,357

38,567

-18,927

-13,519

5,408

-96,223 -101,505 -104,971 -113,773
57,577 152,725 122,965
69,685

-8,802
-29,760

-235,258
253,692

-320,249
333,267

-84,991
79,575

710,700

98,506

273,104

182,019

157,072

11,602

-14,755

-22,349

18,177

30,531

-331,479
323,377

-66,627
81,225

-78,982
101,166

-89,649
71,301

48

•

January 2001




SURVEY OF CURRENT BUSINESS
sixth consecutive quarter; the third-quarter
increase was attributable to a continued rise
in petroleum prices.
• Both receipts and payments of income
decreased after increasing strongly for five
consecutive quarters.
• Net foreign purchases of U.S. corporate
bonds increased to a record level, and net
foreign purchases of U.S. stocks rose sharply.
• Net financial inflows for foreign direct
investment in the United States fell sharply,
but nonetheless remained very strong.

U.S. dollar in exchange markets
In the third quarter, the U.S. dollar appreciated 2
percent on a nominal, trade-weighted quarterly
average basis against the group of seven major cur-

CHART 1

U.S. Current-Account Balance and
Its Components

rencies that are widely traded in international
markets (table B, chart 2).
The U.S. dollar appreciated 3 percent against
the euro; since the euro's inception in January
1999, the dollar has appreciated 24 percent on a
quarterly average basis. In the third quarter, the
dollar appreciated steadily for most of the quarter,
boosted by indications that the U.S. economy was
growing moderately and that core U.S. inflation
was not accelerating despite a continued increase
in oil prices. U.S. monetary authorities left the
Federal funds rate unchanged in the quarter after
raising the rate 175 basis points to 6.5 percent
from June 1999 to May 2000. The dollar was also
boosted by indications that euro-area inflation
might be accelerating, which prompted the European Central Bank to increase the interest rate on
short-term refinancing operations to 4.5 percent.
The euro depreciated sharply in the first 2 weeks of
September; in response, monetary authorities in
the euro area, the United States, Japan, the United
Kingdom, and Canada intervened in currency
markets on September 22 by purchasing euros,

Billion $
40

CHART 2

Nominal Indexes of Foreign Currency
Price of the U.S. Dollar
January 1999=100
120

70

1993 94

95
96
97
98
Seasonally adjusted

US. Department of Commerce, Bureau of Economic Analysis

99

2000

1996

1997

y

1998

1999

2000

Note.-See table Bfordetritions of the indexes. Monthly average rates.
Data: Federal Reserve Board. Indexes rebased by BEA.
U.S. Department of Commerce, Bureau of Economic Analysis

SURVEY OF CURRENT BUSINESS
and as a result, the euro regained some of its lost
value by the end of quarter.
The U.S. dollar appreciated 1 percent against
the yen amid uncertainty about Japanese economic conditions. In response to some indications
that the Japanese economy was gaining strength,
Japanese monetary authorities increased the overnight call rate to 0.25 percent in mid-August from
the near-zero rate that had prevailed for more than
a year. Thereafter, concerns arose that the tightening of monetary policy might hinder the recovery
of the Japanese economy.
Against other currencies, the U.S. dollar appreciated 4 percent against the British pound and 2
percent against the Swiss franc; since the beginning of the year, the dollar has appreciated 10 percent against the pound and 11 percent against the
Swiss franc. The U.S. dollar was unchanged against
the Canadian dollar, and it depreciated 2 percent
against the Mexican peso.

Current Account

January 2001

49

ports increased more than exports.
Exports.—Exports increased $8.6 billion, or 4 percent, to $200.4 billion in the third quarter. Quantities increased 4 percent, and prices were
unchanged (table C).2 The value of both agricultural products and nonagricultural products
increased.
The value of exports has increased 22 percent
since the first quarter of 1999 (chart 3). The increase, which was almost entirely accounted for by
rising quantities, was propelled mostly by capital
2. Quantity (real) estimates are calculated using a chain-type Fisher formula
with annual weights for all years and quarterly weights for all quarters. Real estimates are expressed as chained (1996) dollars. Price indexes (1996=100) are also
calculated using a chain-type Fisher formula.

Revisions to the Second-Quarter 2000 Estimates
As a result of incorporating newly available, more complete source data, the international transactions accounts estimates for the second quarter of 2000 are
revised from the preliminary estimates that were published in the October 2000 SURVEY OF CURRENT BUSINESS.

Goods and services
The deficit on goods and services increased to
$96.5 billion in the third quarter from $88.6 billion
in the second. The increase was accounted for by
an increase in the deficit on goods and a decrease
in the surplus on services.
Goods.—The deficit on goods increased $5.2 billion, to $115.4 billion, in the third quarter. Im-

The current-account deficit for the second quarter
was revised to $105.0 billion from $106.1 billion. The
goods deficit was unrevised at $110.2 billion, the services surplus was revised to $21.6 billion from $21.0
billion, the deficit on income was revised to $4.1 billion
from $4.5 billion, and net unilateral current transfers
were unrevised at a negative $12.3 billion. Net recorded
financial inflows were revised to $152.7 billion from
$149.1 billion.

Table B.—Indexes of Foreign Currency Price of the U.S. Dollar
[January 1999=100]
1999

2000

1999
Sept.

Nominal:2l
Broad
Major
Other
Real: l 2
Broad
Major
Other

2000

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May
104.8
108.2
100.7
105.9
110.3
100.6

June

July

Aug.

Sept.

103.7
105.4
101.6

104.1
106.4
101.2

104.8
108.1
100.7

106.0
109.8
101.4

105.2
107.8
101.9

105.6
109.0
101.5

106.2
110.7
100.7

107.2
112.5
101.0

currencies3
important trading partners 4 .

101.7
103.0
100.1

100.7
101.0
100.4

101.6
103.2
99.5

103.7
106.2
100.6

105.0
108.1
101.1

101.1
101.3
100.8

100.6
100.2
101.2

100.8
101.2
100.3

100.8
101.6
99.8

100.7
101.5
99.79

102.0
103.9
9.79

102.0
104.2
9.29

102.6
104.9

currencies3
important trading partners4 .

102.1
103.6
100.3

101.0
102.0
99.9

102.2
105.0
98.7

105.0
108.4
100.7

106.3
110.7
101.1

101.5
102.0
100.7

100.9
101.1
100.7

101.1
102.3
99.7

101.1
102.6
99.2

101.0
102.9
98.7

102.4
105.6

103.1
106.4
99.1

103.8
107.2

95.6

97.4

97.6

97.2

97.2

96.6

96.9

95.3

95.5

96.1

96.7

98.4

97.2

97.3

97.6

97.8

111.7
101.2
111.3
92.1
93.5
126.6

117.5
102.7
117.6
94.4
92.8
117.4

124.2
107.6
120.9
94.2
94.6
119.2

128.3
111.8
123.3
95.1
92.3
120.1

110.4
101.5
110.1
94.3
92.2
125.6

108.3
99.6
107.5
93.5
94.5
130.2

112.2
101.8
112.2
92.4
93.0
127.7

114.6
102.3
114.3
90.5
93.1
122.0

114.4
100.6
114.8
92.9
93.7
119.4

117.9
103.1
118.0
96.6
93.1
117.5

120.2
104.4
120.1
93.8
91.7
115.2

122.7
104.3
120.2
93.2
92.8
117.0

128.0
109.3
124.1
95.6
93.9
120.9

121.9
109.3
118.5
93.7
97.1
119.7

123.5
109.4
119.2
95.5
93.0
118.9

128.1
110.8
123.8
95.4
91.5
119.6

133.3
115.1
126.9
94.3
92.4
121.7

Selected currencies: (nominal)5
Canada
European currencies:
Euro area 6
United Kingdom
Switzerland
Japan
Mexico
Brazil

97.8
110.5
103.0
110.2
99.8
92.5
123.2

1. For more information on the nominal and real indexes of the foreign exchange value of the U.S. dollar, see
Federal Reserve Bulletin, vol. 84 (October 1998): 811-18.
2. Weighted average of the foreign exchange value of the U.S. dollar against the currencies of a broad group
of U.S. trading partners, including the currencies of the euro-area countries, Australia, Canada, Japan, Sweden,
Switzerland, United Kingdom, Argentina, Brazil, Chile, Colombia, Mexico, Venezuela, China, Hong Kong, India, Indonesia, Korea, Malaysia, Philippines, Singapore, Taiwan, Thailand, Israel, Saudi Arabia, and Russia. Data: Federal
Reserve Board. Monthly and quarterly average rates. Index rebased by BEA.
3. Weighted average of the foreign exchange value of the U.S. dollar against broad-index currencies that circulate
widely outside the country of issue, including the currencies of euro-area countries, Australia, Canada, Japan, Sweden, Switzerland, and the United Kingdom. The weight for each currency is its broad-index weight divided by the
sum of the broad-index weights for all of the currencies included in the major currency index. Data: Federal Reserve
Board. Monthly and quarterly average rates. Index rebased by BEA.
4. Weighted average of the foreign exchange value of the U.S. dollar against broad-index currencies that do




9.6

not circulate widely outside the country of issue, including the currencies of Argentina, Brazil, Chile, Colombia, Mexico, Venezuela, China, Hong Kong, India, Indonesia, Korea, Malaysia, Philippines, Singapore, Taiwan, Thailand, Israel, Saudi Arabia, and Russia. The weight for each currency is its broad-index weight divided by the sum of the
broad-index weights for all of the currencies included in the other important trading partners index. Data: Federal
Reserve Board. Monthly and quarterly average rates. Index rebased by BEA.
5. Data: Federal Reserve Board. Monthly and quarterly average rates. Indexes prepared by BEA.
6. The euro area includes Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands,
Portugal, and Spain. Exchange rates (but not index values with January 1999=100) for the individual euro-area currencies can be derived from the euro exchange rate by using the fixed conversion rates (in currencies per euro)
as shown below: 13.7603 Austrian schillings; 40.3399 Belgian francs; 5.94573 Finnish markkas; 6.55957 French
francs; 1.95583 German marks; .787564lrish pounds; 1936.27 Italian liras; 40.3399 Luxembourg francs; 2.20371
Netherlands guilders; 200.482 Portuguese escudos; 166.386 Spanish pesetas.

50

SURVEY OF CURRENT BUSINESS

January 2001

goods, which contributed 11 percentage points to
the rise, and by industrial supplies and materials,
which contributed 6 percentage points. Through
the first quarter of 1999, exports had decreased in
five out of six quarters, partly because of financial
crises and sharply falling demand in some foreign
countries.
In the third quarter of 2000, nonagricultural exports increased $7.8 billion, or 4 percent, to $186.4
billion; quantities increased 4 percent, and prices
were unchanged. Most of the increase in value was
attributable to a rise in capital goods, reflecting
strong increases in most capital goods commodities; the largest increases were in semiconductors,
in other industrial, agricultural, and service industry machinery, and in computers, peripherals, and
parts. Nonagricultural industrial supplies and materials rebounded, mostly as a result of increases in
chemicals and in energy products. Consumer
goods accelerated as a result of a rebound in durable goods, and automotive products edged higher.
Agricultural exports increased $0.8 billion, or 6
percent, to $14.0 billion; quantities increased 9
percent, and prices decreased 3 percent. In value,
most of the increase was accounted for by increases in soybeans, in meat products and poultry,
and in vegetables, fruits, nuts, and preparations.
Imports.—Imports increased $13.8 billion, or 5
percent, to $315.8 billion in the third quarter.
Quantities increased 3 percent, and prices
increased 2 percent (table C). The value of both

petroleum products and nonpetroleum products
increased.
Since the first quarter of 1999, the value of imports has increased 33 percent, the largest increase
over six quarters since the mid-1980's. Largely as a
result of rapidly rising petroleum prices, imports
of petroleum products tripled, and they contributed 9 percentage points to the increase in total
imports. Nonpetroleum products also rose
strongly, and in contrast to petroleum products,
the increase resulted almost entirely from rising
quantities. Capital goods contributed 9 percentage
points to the increase in total imports, consumer
goods contributed 6 percentage points, nonpetroleum industrial supplies and materials contributed
4 percentage points, and automotive products
contributed 4 percentage points.
In the third quarter of 2000, nonpetroleum imports increased $11.4 billion, or 4 percent, to
$284.1 billion; quantities increased 4 percent, and
prices were unchanged. In value, most major commodity categories increased strongly. The increase
in capital goods was largely attributable to a surge
in semiconductors, to a strong rise in computers,
peripherals, and parts, and to a sizable increase in
civilian aircraft, engines, and parts. Nonpetroleum
industrial supplies and materials rebounded,
partly as a result of a step-up in chemicals and of
increases in nonferrous metals and in paper and
paper base stocks. Automotive products accelerated as a result of a strong increase in passenger
cars, and consumer goods slowed sharply.

Table C—U.S. Trade in Goods, Current and Chained (1996) Dollars, and Percent Changes from Previous Period
[Balance of payments basis, millions of dollars, quarterly estimates seasonally adjusted]
Chained (1996) dollars 1

Current dollars
1999
1998

2000

1999

I

II

2000

1999
1998

IIr

I

IV

III

1999

684,358 163,949 166,443 173,881 180,085 183,728 191,783 200,385
49,619 11,711 12,236 13,178 12,494 13,126 13,197 13,951
634,739 152,238 154,207 160,703 167,591 170,602 178,586 186,434

711,246
62,549
648,364

II

I

III"

III

IV

IIr

I

III"

736,199 176,669 179,550 187,170 192,810 196,081 204,024 213,176
63,131 14,548 15,627 16,938 16,018 16,959 16,876 18,429
672,845 161,955 163,876 170,417 176,597 179,204 187,001 194,608

Exports
Agricultural products
Nonagricultural products ...

670,324
53,105
617,219

Imports
Petroleum and products ....
Nonpetroleum products

917,178 1,029,917 236,973 250,427 266,199 276,318 289,566 302,014 315,801 1,017,149 1,140,418 268,069 279,807 292,848 299,694 309,035 321,634 332,772
81,418
81,498 20,023 21,339 21,017 19,119 20,431 22,037 21,719
67,807 10,532 15,940 19,903 21,432 27,010 29,265 31,688
50,903
866,275 962,110 226,441 234,487 246,296 254,886 262,556 272,749 284,113 935,464 1,056,193 247,477 257,678 271,251 279,787 287,575 298,086 310,167
Percent change from preceding period

Percent change from preceding period

1999
1998

Exports
Agricultural products
Nonagricultural products ...
Imports
Petroleum and products ....
Nonpetroleum products

'

1999

I

II

2000

IV

III

1999

III"

I

II

2000
III

IV

I

III"

II'

-1.4
-9.1
-.7

2.1
-6.6
2.8

-3.2
-11.4
-2.4

1.5
4.5
1.3

4.5
7.7
4.2

3.6
-5.2
4.3

2.0
5.1
1.8

4.4
.5
4.7

4.5
5.7
4.4

1.8
0
2.0

3.5
.9
3.8

-2.7
-9.7
-2.1

1.6
7.4
1.2

4.2
8.4
4.0

3.0
-5.4
3.6

1.7
5.9
1.5

4.1
-.5
4.4

4.!:
9.2
4.1

4.7
-29.1
7.7

12.3
33.2
11.1

1.1
-8.5
1.6

5.7
51.3
3.6

6.3
24.9
5.0

3.8
7.7
3.5

4.8
26.0
3.0

4.3
8.3
3.9

4.6
8.3
4.2

11.3
7.0
11.6

12.1
.1
12.9

1.8
.7
1.9

4.4
6.6
4.1

4.7
-1.5
5.3

2.3
-9.0
3.1

3.1
6.9
2.8

4.1
7.9
3.7

3.5
-1.4
4.1

p Preliminary.
r
Revised.
1. Because chain indexes use weights of more than on e period, the corresponding chained dollar estimates are
usually not additive.




1999
1998

IIr

I

SURVEY OF CURRENT BUSINESS
Petroleum imports increased $2.4 billion, or 8
percent, to $31.7 billion. The increase was attributable to a rise in prices, to an average of $28.76 per
barrel from $26.12 per barrel. Average petroleum
prices have increased 177 percent since the first
quarter of 1999, reaching the highest level since the
fourth quarter of 1990. In the third quarter of
2000, the average number of barrels imported
daily decreased to 12.08 million from 12.26 million in the second.
CHART 3

Billion $
350
- Total goods exports
- Total goods imports

300
250
200
150
100
50
0

100

Goods exports
I Foods, feeds, and beverages
Industrial supplies and materials
I Capital goods
Automotive products
I Consumer goods

80
60
40
20

k il k

0
120
100

Goods imports
Petroleum and products
• Foods, leeds. and beverages
Nonpetroleum industrial supplies and materials
• Capital goods
Automotive products
• Consumer goods

80
60
40
20

i

ii
HI
1Sfc9

iv

i

ii
m
2000

Seasonally a^usted
U.S. Department of Commerce, Bureau of Economic Analysis




Balances by area.—The deficit on goods with
China increased $5.1 billion, to $24.6 billion, the
largest deficit with any single country.3 The deficit
with Asia excluding China and Japan increased
$3.0 billion, to $27.7 billion. In contrast, the deficits with several other areas and countries
decreased. The deficit with "Latin America and
Other Western Hemisphere" decreased $1.9 billion, to $8.7 billion, largely as a result of a decline
in the deficit with Mexico and a rise in the surplus
with Brazil. The deficit with Japan decreased $1.3
billion, to $19.8 billion.
Services.—The surplus on services decreased $2.7
billion, to $18.9 billion, in the third quarter.
Receipts edged up to $74.3 billion from $74.2 billion, and payments increased to $55.4 billion from
$52.6 billion.
Travel receipts increased to $21.6 billion from
$21.4 billion. The increase was more than accounted for by an increase in receipts from overseas visitors to the United States. Travel payments
increased to $16.7 billion from $16.0 billion. The
increase was largely attributable to an increase in
payments by U.S. travelers to countries overseas.
"Other" transportation receipts increased to
$7.6 billion from $7.4 billion, mostly as a result of
an increase in freight receipts. "Other" transportation payments increased to $10.5 billion from $9.9
billion as a result of an increase in freight payments. The sizable increases in "other" transportation payments over the past six quarters have
partly reflected the strong increases in the volume
of U.S. goods imports. In addition, freight payments have been boosted in the last three quarters
by increases in ocean freight rates.
Receipts for "other" private services decreased
to $26.3 billion from $26.5 billion as a result of a
decline in affiliated services receipts. In unaffiliated services, increases in receipts for most types of
services more than offset a drop in receipts for financial services. Payments for "other" private services increased to $13.3 billion from $12.9 billion,
mostly as a result of a rise in net insurance payments, which are premiums paid less losses recovered.

U.S. Goods Exports and Imports

120

January 2001

w

3. Seasonally adjusted estimates for exports for areas and countries are
derived by applying seasonal factors for total U.S. agricultural and nonagricultural exports to the unadjusted agricultural and nonagricultural exports for
areas and countries and then summing the seasonally adjusted estimates. Seasonally adjusted estimates for imports for areas and countries are derived by
applying seasonal factors for total U.S. petroleum and nonpetroleum imports to
the unadjusted petroleum and nonpetroleum imports for areas and countries
and then summing the seasonally adjusted estimates. (The seasonal factors are
derived from the seasonal adjustment of U.S. exports and U.S. imports by
five-digit end-use commodity category.)

51

52

•

January 2001




SURVEY OF CURRENT BUSINESS

Income
The deficit on income increased to $4.5 billion in
the third quarter from $4.1 billion in the second.
Income receipts decreased to $86.8 billion from
$87.7 billion, and income payments decreased to
$91.3 billion from $91.8 billion.
Investment income,—Receipts of investment income on U.S.-owned assets abroad decreased to
$86.2 billion from $87.1 billion, and payments of
investment income on foreign-owned assets in the
United States decreased to $89.4 billion from $89.8
billion.
Receipts of income on U.S. direct investment
abroad decreased to $37.3 billion from $37.9 billion. The decrease was attributable to declines in
earnings of foreign affiliates in manufacturing and
in "other" industries. The largest declines were in
earnings of Canadian affiliates in transportation
equipment manufacturing and in earnings of
Western European affiliates in transportation
equipment manufacturing and in finance, where
lower earnings may have partly reflected the depreciation of the euro and of the British pound
against the U.S. dollar. In contrast, earnings of petroleum affiliates continued to increase strongly as
a result of rising petroleum prices. Interest receipts
edged up.
Payments of income on foreign direct investment in the United States decreased to $15.8 billion from $18.9 billion. The large decrease, which
followed two quarters of large increases, was
mostly attributable to a decline in earnings of
manufacturing affiliates. Earnings of continental
Western European-owned manufacturing affiliates
dropped the most as a result of shifts to losses and
of increased losses for some large affiliates. Earnings of affiliates in "other" industries also decreased, largely as a result of a decline in earnings
of depository institutions.
"Other" private income receipts increased to
$48.1 billion from $47.9 billion. Increases in receipts on bank and on nonbank claims, mostly as a
result of a rise in average yields, more than offset a
decrease in receipts on foreign securities.
"Other" private income payments increased to
$46.2 billion from $44.0 billion. Increases in payments on bank and on nonbank liabilities reflected
rises in average holdings and in average yields. An
increase in payments on U.S. securities reflected a
rise in average holdings.
U.S. Government income receipts decreased to

$0.8 billion from $1.2 billion. U.S. Government income payments increased to $27.4 billion from
$26.9 billion.
Unilateral current transfers
Unilateral current transfers were net outflows of
$12.8 billion in the third quarter, up from net outflows of $12.3 billion in the second. The increase
was almost entirely accounted for by increases in
U.S. Government grants and in private remittances
and other transfers.
Capital Account
Capital account transactions were unchanged at
net inflows of $0.2 billion in the third quarter.
Financial Account
Net recorded financial inflows—the difference between changes in U.S.-owned assets abroad and
changes in foreign-owned assets in the United
States—were $123.0 billion in the third quarter,
down from $152.7 billion (revised) in the second.
Financial inflows for foreign-owned assets in the
United States decreased more than financial outflows for U.S.-owned assets abroad.
Net inflows for foreign direct investment in the
United States and net foreign purchases of U.S. securities other than U.S. Treasury securities remained very strong (chart 4). These inflows

CHART 4

Billion $
300
• Foreign direct investment in the United States
U.S. securities other than U.S. Treasury securities
• Other foreign-owned assets in the United States

Financial inflows -

!

ii'iiiliiiililjii
Financial outflows -

-50

I

I

i

1992 1993 1994 1995 1996 1997 1998 1999 2000
U.S.DepartmemofConmerc^

SURVEY OF CURRENT BUSINESS
accounted for 92 percent of total financial inflows
for foreign-owned assets in the United States, and
since the fourth quarter of 1998, they have accounted for more than 75 percent of total inflows.
Net inflows for foreign direct investment in the
United States have been boosted by numerous
large-sized acquisitions of U.S. companies by foreign companies, partly reflecting the high profitability of U.S. companies, global consolidation in
some industries, and the rapidly changing technology environment. Net foreign purchases of U.S. securities other than U.S. Treasury securities have
been supported by the favorable economic environment in the United States over most of the period—including strong economic growth, low
inflation, and higher U.S. interest rates relative to
foreign interest rates.

53

January 2001

reserve position in the International Monetary
Fund (IMF) decreased, reflecting net foreign
repayments of U.S. dollars to the IMF.

U.S.-owned assets abroad
Net U.S.-owned assets abroad increased $77.2 billion in the third quarter, following an increase of
$92.4 billion in the second. The slowdown was accounted for by a decrease in U.S. claims on foreigners reported by U.S. nonbanks after a large
second-quarter increase and by slowdowns in net
U.S. purchases of foreign securities and in net outflows for U.S. direct investment abroad. In contrast, claims on foreigners reported by U.S. banks
increased after a second-quarter decrease.
U.S. official reserve assets.—Net U.S. official reserve
assets increased $0.3 billion in the third quarter, in
contrast to a decrease of $2.0 billion in the second
(table D). The third-quarter increase was more
than accounted for by an increase in U.S. holdings
of foreign currencies, reflecting U.S. intervention
purchases of euros, and by an increase in U.S.
holdings of special drawing rights. The U.S.

Claims reported by banks and by nonbanks.—U.S.
claims on foreigners reported by U.S. banks
increased $11.4 billion in the third quarter, in contrast to a decrease of $18.3 billion in the second.
Banks' own claims increased for the sixth consecutive quarter.
In the third quarter, banks' own claims payable
in dollars increased $22.5 billion, following an increase of $12.0 billion. The third-quarter increase
was more than accounted for by bank lending to
offices abroad, partly reflecting strong foreign demand for U.S. dollar funds to finance mergers and
acquisitions and nonmerger-related purchases of
U.S. corporate stocks and bonds. Foreign-owned
banks in the United States were the largest lenders,
providing substantial funds to their own offices in
the Caribbean and, to a lesser extent, in Western
Europe. U.S.-owned bank lending was small.
Banks' claims on other private foreigners decreased after a large increase; the third-quarter decrease was mostly attributable to repayments from
investment funds in the Caribbean to U.S. securities brokers and dealers.
Banks' domestic customers' claims payable in
dollars decreased $11.0 billion, following a decrease of $27.4 billion. In the third quarter, a second consecutive large decrease in deposits abroad
more than offset a surge in foreign commercial paper outstanding in the United States.
Claims reported by U.S. nonbanking concerns
decreased $0.9 billion after increasing $36.5 billion. The decrease, which followed six strong quarterly increases, was attributable to a decline in
deposits abroad.

Table D—Selected Transactions with Official Agencies
[Millions of dollars]
1999

2000

1999
I
Changes in foreign official assets in the United States, net
(decrease - ) (table 11 line 56)
Industrial countries
Members of OPEC 2
Other countries
Changes in U.S. official reserve assets, net (increase - ) (table 1,
line 41)
p

Preliminary.
r
Revised.
1. Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.




II

42,864
31,119
1,331
10,414

4,274
3,342
2,155
-1,223

-1,096
1,314
1,632
-4,042

8,747

4,068

1,159

III

IV

I

II'

III^

Change:
2000
ll-lll

January-September
1999

2000

Change:
1999-2000

12,191
13,988
-783
-1,014

27,495
12,475
-1,673
16,693

22,015
12,416
6,109
3,490

6,346
13,698
1,913
-9,265

11,625
-3,499
3,450
11,674

5,279
-17,197
1,537
20,939

15,369
18,644
3,004
-6,279

39,986
22,615
11,472
5,899

24,617
3,971
8,468
12,178

1,951

1,569

-554

2,020

-346

-2,366

7,178

1,120

-6,058

2. Based on data for Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting countries. Excludes
Ecuador beginning January 1993 and Gabon beginning January 1995.

54

January 2001




SURVEY OF CURRENT BUSINESS

Foreign securities.—Net U.S. purchases of foreign
securities were $30.4 billion in the third quarter,
down from $38.2 billion in the second. Net U.S.
purchases of foreign stocks were $12.5 billion,
down from $45.0 billion, and transactions in foreign bonds shifted to net U.S. purchases of $17.9
billion from net U.S. sales of $6.8 billion.
The decrease in net U.S. purchases of foreign
stocks was attributable to a sharp slowdown in
merger-related exchanges of stock. Nonmerger-related transactions in foreign stocks shifted to net
U.S. purchases from net U.S. sales. U.S. investors
have made minimal net purchases or have made
net sales of non-Japanese foreign stocks since the
fourth quarter of 1997, but in recent quarters, net
purchases of some of these stocks have increased.
In the third quarter of 2000, transactions in Western European stocks shifted to net U.S. purchases,
largely as a result of strong net purchases early in
the quarter when most Western European stock
markets rose. Net U.S. sales to Japan were less than
half of large second-quarter net sales, and net U.S.
purchases from Canada picked up.
The shift to net U.S. purchases of foreign bonds
was supported by a decline in volatility in international bond markets, which were unsettled in the
second quarter. In the third quarter, new foreign
issues in the United States surged, partly as a result
of increased placements by borrowers from Western Europe, particularly those in the telecommunications industry. New issues by Latin American
borrowers also increased sharply, despite a slowdown in emerging market placements in September when U.S. investors became more concerned
about creditworthiness. Transactions in outstanding foreign bonds shifted to net U.S. purchases
from net U.S. sales, largely as a result of substantial
net U.S. purchases from the United Kingdom.
Direct investment.—Net financial outflows for U.S.
direct investment abroad were $36.1 billion in the
third quarter, down from $37.5 billion in the second. The decrease was more than accounted for by
a decline in net equity capital outflows that
resulted from a greater pickup in divestitures of
existing foreign affiliates than in acquisitions of
new foreign affiliates. The acquisitions included
U.S. purchases of financial companies in Western
Europe and technology companies in several geographic areas. In contrast, reinvested earnings
increased, and net inflows for intercompany debt
slowed.

Foreign-owned assets in the United States
Net foreign-owned assets in the United States increased $200.2 billion in the third quarter, following an increase of $245.1 billion in the second. The
slowdown was attributable to a sharp drop in net
inflows for foreign direct investment in the United
States and to much smaller increases in U.S. liabilities reported by U.S. banks and by U.S. nonbanking concerns in the third quarter than in the
second. In contrast, net foreign purchases of U.S.
securities other than U.S. Treasury securities
stepped up, and net foreign sales of U.S. Treasury
securities slowed.
Foreign official assets.—Net foreign official assets
in the United States increased $11.6 billion in the
third quarter, following an increase of $6.3 billion
in the second (table D). The third-quarter increase
was largely accounted for by increases in the assets
of several large developing countries. Assets of
industrial countries decreased, perhaps partly
reflecting intervention sales of dollars for euros by
some foreign official agencies.
Liabilities reported by banks and by nonbanks.—
U.S. liabilities to foreigners reported by U.S. banks,
excluding U.S. Treasury securities, increased $14.0
billion in the third quarter, following an increase
of $46.9 billion in the second. Banks' own liabilities increased for the sixth consecutive quarter.
Banks' own liabilities payable in dollars increased $16.0 billion in the third quarter, following
an increase of $54.5 billion in the second. The
slowdown was more than accounted for by a decrease in U.S.-owned banks' liabilities to their own
offices abroad after a very large second-quarter increase. The decrease partly reflected a slowdown in
bank lending in the United States that reduced the
demand for funds from abroad. In contrast, liabilities of foreign-owned banks in the United States
increased, partly as a result of borrowing to support foreign-owned bank lending to offices
abroad. Liabilities to other private foreigners increased, mostly as a result of an increase in liabilities to international bond funds in Western
Europe.
Banks' custody liabilities payable in dollars decreased $4.3 billion, following a decrease of $1.9
billion. The third-quarter decrease was largely accounted for by a decrease in custody liabilities to
investors in the Caribbean.
Liabilities reported by U.S. nonbanking con-

SURVEY OF CURRENT BUSINESS
cerns increased $2.6 billion, following an increase
of $24.0 billion. The third-quarter increase was attributable to borrowing by nonbank financial intermediaries.
U.S. Treasury securities.—Net foreign sales of U.S.
Treasury securities decreased to $12.6 billion in the
third quarter from $20.6 billion in the second.
Yields on long-term U.S. Treasury securities
declined for most of the third quarter amid growing expectations that the U.S. economy was slowing and that U.S. monetary policy would not be
further tightened. The decrease in net foreign sales
was largely accounted for by a decline in net sales
by Western European investors. In contrast, net
sales by Asian investors and by investment funds in
the Carribean increased. Foreigners have been net
sellers of U.S. Treasury securities in six of the last
seven quarters, as they shifted some funds into
higher yielding U.S. corporate debt securities and
U.S. stocks.
Other U.S. securities.—Net foreign purchases of
U.S. securities other than U.S. Treasury securities
increased to $118.9 billion in the third quarter
from $87.1 billion in the second. Net foreign purchases of U.S. stocks rose sharply, and net foreign
purchases of U.S. bonds increased to a record level.
Net foreign purchases of U.S. stocks were $46.8
billion, up from $26.3 billion. Net foreign purchases over the first three quarters of 2000 have
been exceptionally strong, surpassing the record
annual total for 1999 by 36 percent. In the third
quarter, net foreign purchases were largest in August, when U.S. stock prices rose considerably as a
result of indications that the U.S. economy was
growing moderately and that inflation was not accelerating. By area, the increase in net foreign purchases was largely accounted for by a shift to net
purchases from large net sales by investment funds

in the Caribbean. Transactions by Japanese investors also shifted to net purchases from net sales,
and net purchases by Western European investors
increased.
Net foreign purchases of U.S. corporate and
other bonds increased to a record $72.1 billion
from $60.8 billion. Net foreign purchases of U.S.
federally sponsored agency bonds increased to a
record level. U.S. agencies boosted their debt issuance in international markets, partly as a result of a
decline in the risk premium on their debt after a
sharp second-quarter rise. New issues sold abroad
by U.S. corporations stepped up, partly in response to a decline in long-term interest rates for
highly rated borrowers. New issues in euros nearly
doubled, surpassing new issues in U.S. dollars for
the first time.
U.S. currency flows.—Net U.S. currency shipments
from the United States to foreign countries
decreased to $0.8 billion in the third quarter from
$1.0 billion in the second. Net U.S. currency shipments were restrained by the absence of new or
worsening political and economic crises abroad
that often boost such shipments.
Direct investment.—Net financial inflows for foreign direct investment in the United States were
$64.9 billion in the third quarter, down from
$100.3 billion in the second. Net equity capital
inflows fell sharply in the absence of the exceptionally large acquisitions of U.S. companies that had
occurred in the second quarter, but these inflows
remained strong as a result of numerous, large
third-quarter acquisitions in manufacturing and
in "other" industries, such as telecommunications
and insurance. Net intercompany debt inflows
slowed, and reinvested earnings decreased, largely
as a result of a decline in earnings.

Data Availability
The current and historical estimates that are presented in
tables l-10a of the U.S. international transactions accounts
are available as compressed files on BEA's Web site at
<www.bea.doc.gov>; click on "Catalog of Products," and
look under "International Accounts Products," "Balance of
Payments."
The estimates are also available from BEA on the following diskettes:
• U.S. International Transactions. The most recently released annual and quarterly estimates are available as a
1-year subscription (four installments)—product num-




January 2001

ber IDS-0001, price $80. The subscription also includes
the diskette of the historical series estimates (see below).
• U.S. International Transactions, Third Quarter 2000.
Annual estimates for 1999 and quarterly estimates for
1999:1-2000:111 on a single diskette—product number
IDN-0276, price $20.
• U.S. International Transactions, Historical Series. All the
available historical annual and quarterly estimates on a
single diskette—product number IDN-0261, price $20.
To order, call the BEA Order Desk at 1-800-704-0415
(outside the United States, call 202-606-9666).

Tables 1 through 10 follow. 51

55

56

• January 2001

SURVEY OF CURRENT BUSINESS

Table 1.—U.S. International Transactions
[Millions of dollars]
Not seasonally adjusted
(Credits +; debits - ) '

1999

2000

2000

Current account
1,232,407

301,400

310,234

329,184

335,995

353,294

956,242

234,416

239,133

254,892

254,449

265,506

Goods, balance of payments basis2

684,358

168,279

166,831

185,724

184,593

193,191

Services3
Transfers under U.S. military agency sales contracts4

271,884
16,334

66,137
4,561

72,302
3,944

69,168
3,589

69,856
3,574

72,315
3,699

Travel
Passenger fares
Other transportation

74,881
19,776
27,033

18,569
4,756
6,693

21,908
5,760
7,079

18,620
4,794
7,056

Royalties and license fees5
Other private services5
U.S. Government miscellaneous services

36,467
96,508
885

8,889
22,446
223

9,007
24,365
239

9,710
25,179
220

276,165
273,957
118,802
151,958
3,197

66,984
66,436
29,228
36,535
673
548

71,101
70,542
31,246
38,449
847

74,292
73,726
31,044
41,970
712

Exports of goods and services and income receipts
Exports of goods and services

Income receipts
Income receipts on U.S.-owned assets abroad
Direct investment receipts
Other private receipts
U.S. Government receipts
Compensation of employees
Imports of goods and services and income payments .

2,208
-1,515,861

559

566

-397,633

-409,741

-1,221,213

-298,247

-320,955

-329,276

-1,029,917
-191,296
-13,650

-249,586
-48,661
-3,373

-268,507
-52,448
-3,626

-281,526
-47,750
-3,358

Travel
Passenger fares
Other transportation

-59,351
-21,405
-34,137

-15,945
-5,655
-8,218

-18,017
-5,964
-9,185

-13,147
-5,015
-9,241

Royalties and license fees5
Other private services5
U.S. Government miscellaneous services

-13,275
-46,657
-2,821

-3,150
-11,645
-675

-3,223
-11,667
-766

-3,881
-12,418
-690

-294,648
-287,059
-56,098
-135,830
-95,131
-7,589

-71,437
-69,646
-14,790
-31,701
-23,155
-1,791

-76,678
-74,696
-15,607
-34,942
-24,147
-1,982

-80,465
-78,404
-15,108
-38,136
-25,160
-2,061

-48,025
-13,774
-4,401
-29,850

-11,104
-3,097
-856
-7,151

-11,355
-2,847
-1,010
-7,498

-14,690
-5,256
-1,641
-7,793

Imports of goods and services
Goods, balance of payments basis2
3

Services
Direct defense expenditures

Income payments
Income payments on foreign-owned assets in the United States
Direct investment payments
Other private payments
U.S. Government payments
Compensation of employees
Unilateral current transfers, net
U.S. Government grants4
U.S. Government pensions and other transfers
Private remittances and other transfers6

358,652
272,007
192,913
79,094
3,720
25,299
6,200
7,975
9,238
26,442
220
86,645
86,056
37,066
48,050

21,365
17,783
5,231
4,697
7,440
6,920
9,278
9,088
25,089
27,590
204
213
81,546
87,788
80,971
87,205
34,734
38,252
45,091
47,938
1,146
1,015
575
583
-416,801 -447,191 -468,578
-332,009 -354,899 -377,275
-284,485 -300,624 -317,524
-47,524 -54,275 -59,751
-3,450
-3,431
-3,322
-13,313 -17,404 -20,198
-6,381
-5,258
-6,909
-9,957 -10,743
-9,227
-4,411
-3,528
-3,591
-12,162 -12,797 -13,316
-714
-714
-724
-84,792 -92,292 -91,303
-82,964 -90,412 -89,297
-16,723 -19,519 -15,686
^0,167 -43,992 -46,242
-26,074 -26,901 -27,369
-1,880
-2,006
-1,828
-12,249 -11,874 -12,832
-3,232
-2,912
-3,581
-912
-1,024
-1,087
-7,730
-8,227
-8,250

300,994
234,297
166,443
67,854
4,561

18,564
4,902
6,692
9,140
23,772
223
66,697
66,149
28,804
36,535
810
548
-368,439
-297,597
-250,427
^7,170
-3,373
-14,718
-5,274
-8,187
-3,224
-11,719
-675
-70,842
-68,962
-14,106
-31,701
-23,155
-1,880
-11,537
-3,097
-1,074
-7,366

313,084 324,612 336,854 353,622 361,467
274,657
241,969 249,653 255,977
173,881 180,085 183,728
74,272
74,186
72,249
69,568
68,088
3,574
3,944
3,720
3,699
3,589
21,567
21,363
20,431
19,482
18,695
5,475
5,387
5,062
4,955
5,105
7,596
7,434
7,252
7,097
6,728
9,349
9,584
9,353
9,107
9,106
26,506
26,373
24,271
26,345
25,118
204
239
220
213
220
86,810
87,653
80,877
74,959
71,115
80,302
86,221
87,070
74,393
70,556
34,116
37,340
31,691
31,361
45,091
48,050
41,970
38,449
1,234
1,095
831
732
746
575
583
566
589
559
-391,337 -406,575 -426,335 -446,323 -462,488
-314,687 -325,933 -341,094 -354,567 -371,160
-266,199 -276,318 -289,566 -302,014 -315,801
-48,488 ^9,615 -51,528 -52,553 -55,359
-3,450
-3,431
-3,322
-3,626
-3,358
-14,799 -15,274 -15,837 -16,044 -16,704
-6,203
-5,944
-5,568
-5,777
-5,348
-10,461
-9,900
-9,214
-9,582
-8,953
-4,512
-3,314
-3,661
-3,590
-3,656
-11,682 -11,855 -12,706 -12,859 -13,305
-724
-714
-714
-690
-766
-76,650 -80,642 -85,241 -91,756 -91,328
-74,749 -78,712 -83,289 -89,776 -89,393
-15,660 -15,416 -17,048 -18,883 -15,782
-34,942 -38,136 -40,167 -43,992 ^6,242
-24,147 -25,160 -26,074 -26,901 -27,369
-1,952
-1,935
-1,930
-1,901
-1,980
-11,396 -14,260 -12,024 -12,270 -12,752
-2,847
-3,581
-3,232
-2,912
-5,256
-1,080
-1,129
-1,125
-1,114
-1,181
-7,469
-8,042
-7,913
-7,998
-7,823

Capital and financial account
Capital account
Capital account transactions, net

-3,500

166

170

165

-3,993

166

170

165

-170,842 -122,909
1,159
1,951

-114,882

-178,958

-92,424

-77,204

1,569

-554

2,020

-346

165

Financial account
-430,187

-172,748

-124,257

-108,555

1,159

1,951

1,569

-181,783
-554

-94,922
2,020

-78,677

8,747
10
5,484
3,253

-190
1,413
-64

-184
2,268
-133

-178
1,800
-53

-180
-237
-137

-180
2,328
-128

-182
1,300
-1,464

-190
1,413
-64

-184
2,268
-133

-178
1,800
-53

-237
-137

2,328
-128

-182
1,300
-1,464

2,751
-6,175
9,560
-634

-392
-2,167
1,887
-112

-686
-1,595
1,026
-117

3,711
-1,099
5,093
-283

-131
-1,750
1,328
291

-574
-1,235
720
-59

110
-1,052
1,263
-101

-392
-2,167
1,887
-112

-686
-1,595
1,026
-117

3,711
-1,099
5,093
-283

-131
-1,750
1,328
291

-574
-1,235
720
-59

110
-1,052
1,263
-101

^41,685
-150,901
-128,594

-173,515
-34,864
-71,131

-125,522
-44,900
^1,420

-113,835
-26,953
-17,150

-181,098
^5,788
-27,236

-96,368
-39,985
-38,196

-78,441
-37,561
-30,428

-171,609
-32,958
-71,131

-124,174
^3,552
-41,420

-120,162
-33,280
-17,150

-178,273
^2,963
-27,236

-93,870
-37,487
-38,196

-76,968
-36,088
-30,428

-92,328
-69,862

-25,734
-41,786

-27,943
-11,259

-24,428
-45,304

-52,563
-55,511

-36,507
18,320

931
-11,383

-25,734
-41,786

-27,943
-11,259

-24,428
-45,304

-52,563
-55,511

-36,507
18,320

931
-11,383

Foreign-owned assets in the United States, net (increase/financial
inflow(+j)

753,564

272,809

194,924

183,002

236,634

245,932

200,936

272,008

194,210

184,567

236,535

245,149

200,169

Foreign official assets in the United States, net
U.S. Government securities
U.S. Treasury securities9
Other10
Other U.S. Government liabilities11
U.S. liabilities reported by U.S. banks, not included elsewhere
Other foreign official assets12

42,864
32,527
12,177
20,350
-3,255
12,692
900

-1,096
-916
-6,708
5,792
-1,099
1,436
-517

12,191
14,798
12,963
1,835
-760
-2,032
185

27,495
11,852
5,122
6,730
89
14,427
1,127

22,015
24,305
16,198
8,107
-644
-2,577
931

6,346
6,334
-4,000
10,334
-781
-111
904

11,625
5,271
-9,001
14,272
-620
6,339
635

-1,096
-916
-6,708
5,792
-1,099
1,436
-517

12,191
14,798
12,963
1,835
-760
-2,032
185

27,495
11,852
5,122
6,730
89
14,427
1,127

22,015
24,305
16,198
8,107
-644
-2,577
931

6,346
6,334
-4,000
10,334
-781
-111
904

11,625
5,271
-9,001
14,272
-620
6,339
635

710,700
275,533
-20,464
331,523
22,407

273,905
144,603
-5,407
80,838
3,057

182,733
56,277
9,639
95,620
4,697

155,507
47,825
-17,191
92,250
12,213

214,619
49,061
-9,248
132,416
-6,847

239,586
101,106
-20,597
87,107
989

189,311
65,700
-12,642
118,882
757

273,104
143,802
-5,407
80,838
3,057

182,019
55,563
9,639
95,620

157,072
49,390
-17,191
92,250
12,213

214,520
48,962
-9,248
132,416
-6,847

238,803
100,323
-20,597
87,107

188,544
64,933
-12,642
118,882
757

34,298
67,403

13,663
37,151

-8,085
24,585

792
19,618

58,061
-8,824

24,038
46,943

2,633
13,981

13,663
37,151

-8,085
24,585

792
19,618

58,061
-8,824

24,038
46,943

2,633
13,981

11,602

-20,838

27,916

24,793

-45,409

334

-22,349
-1,511

18,177
-9,739

30,531
5,738

43,762
5,724

-47,924
-2,515

-9,357
-9,691

-345,559
80,588
-264,971
-18,483
-48,025

-81,307
17,476
-63,831
-4,453
-11,104

-101,676
19,854
-81,822
-5,577
-11,355

-95,802
21,418
-74,384
-6,173
-14,690

-99,892
22,332
-77,560
-3,246
-12,249

-107,433
18,040
-89,393
-4,504
-11,874

-124,611
19,343
-105,268
-4,658
-12,832

-83,984
-63,300
-4,145
-11,537

-92,318
19,600
-72,718
-5,535
-11,396

-96,233
19,953
-76,280
-5,683
-14,260

-105,838
20,721
-85,117
-4,364
-12,024

-110,231
21,633
-88,598
-4,103
-12,270

-115,416
18,913
-96,503
^t,518
-12,752

-331,479

-79,388

-98,754

-95,247

-93,055

-105,771

-122,758

-78,982

-89,649

-96,223

-101,505

-104,971

-113,773

U.S.-owned assets abroad, net (increase/financial outflow (-))
U.S. official reserve assets, net
Gold7
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies
U.S. Government assets, other than official reserve assets, net
U.S. credits and other long-term assets
Repayments on U.S. credits and other long-term assets8
U.S. foreign currency holdings and U.S. short-term assets, net
U.S. private assets, net
Direct investment
Foreign securities
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking
concerns ....
U.S. claims reported by U.S. banks, not included elsewhere

Other foreign assets in the United States, net
Direct investment
U.S. Treasury securities
U.S. securities other than U.S. Treasury securities
U.S. currency
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns
U.S. liabilities reported by U.S. banks, not included elsewhere
70
70a
71
72
73
74
75
76

Statistical discrepancy (sum of above items with sign reversed)
Of which seasonal adjustment discrepancy
Memoranda:
Balance on goods (lines 3 and 20)
Balance on services (lines 4 and 21)
Balance on goods and services (lines 2 and 19)
Balance on income (lines 12 and 29)
Unilateral current transfers, net (line 35)
Balance on current account (lines 1, 18, and 35 or lines 73, 74, and
75) 13

See footnotes on page 74.




-346

SURVEY OF CURRENT BUSINESS

57

January 2001

Table 2.—U.S. Trade in Goods
[Millions of dollars]
Seasonally adjusted

Not seasonally adjusted
1999

Line

I

III

II

IV

I

II'

2000

1999

2000

1999

111"

II

I

III

IV

\V

I

III/'

A Balance of payments adjustments to Census trade data:
EXPORTS
1

Exports of goods, Census basis including reexports and including military
grant shipments1

695,797 166,605 171,596 169,868 187,728 187,286 195,319 194,787 167,030 169,760 176,917 182,090 186,422 193,912 202,259

Adjustments:
2

Private gift parcel remittances

3

Gold exports, nonmonetary

4
5
6

Inland U.S. freight to Canada
U.S.-Canadian reconciliation adjustments n.e.c net2
Exports transferred under U.S. military agency sales contracts identified in
Census documents3
Other adjustments, net4

7
8

.
..

Equals: Exports of goods, adjusted to balance of payments basis excluding
"military" (table 1, line 3)

650

160

27

27

-9,893
-2,223

-2,669
-599

166

156

168

166

160

155

160

166

156

168

166

160

155

-2,853
-630

-2,401
792

1,970
-202

-2,313
-546

-1,712
-576

-1,387
-642

27

-2,853
-630

-2,401
792

1,970
-202

-2,313
-546

-1,712
-576

-1,387
-642

2,669
-599

684,358 163,524 168,279 166,831 185,724 184,593 193,191 192,913 163,949 166,443 173,881 180,085 183,728 191,783 200,385

IMPORTS
9

Imports of goods, Census basis1 (general imports)

1,024,618 229,688 248,825 266,768 279,337 282,258 299,705 316,433 236,363 249,666 264,461 274,128 287,339 301,095 314,709

Adjustments:
10
11
12
13
14
15

Electric energy
Gold imports nonmonetary
Inland freight in Canada
U S - C a n a d i a n reconciliation a d j u s t m e n t n e e n e t 2
Imports of U.S. military agencies identified in Census documents3
Other adjustments, net 56

16

Equals: Imports of goods, adjusted to balance of payments basis, excluding
"military" (table 1 line 20)

B

Trade in goods, by area and country, adjusted to balance of payments basis,
excluding military:7

1

Total, all countries (A-8)

48
2 727
3,654

907

12
112
925

12
1,083
888

12
1,532
934

12
1,535
999

12
162
1,006

12
439
962

907

12
112
925

12
1,083
888

12
1,532
934

12
1,535
999

12
162
1,006

12
439
962

-1,043
-87

-273
-36

-265
-23

-228
-16

-111
-12

-321
2

-264
3

-312
-10

-273
-36

-265
-23

-228
-16

-277
-12

-321
2

-264
3

-312
-10

12

12

1 029,917 230,298 249 586 268 507 281,526 284 485 300,624 317 524 236 973 250 427 266199 276 318 289 566 302 014 315 801

EXPORTS
684,358 163,524 168,279 166,831 185,724 184,593 193,191 192,913 163,949 166,443 173,881 180,085 183,728 191,783 200,385

2
3
4
5
6
7
8
9
10
11

Western Europe
European Union
Belgium and Luxembourg
France
Germany8
Italy
Netherlands
United Kingdom
Other
Western Europe, excluding EU

162,518
148,907
13,252
18,472
26,565
9,892
19,304
37,321
24,101
13,611

41,274
38,482
3,467
5,016
6,876
2,259
4,740
9,802
6,322
2,792

40,175
36,851
3,204
4,622
6,546
2,562
4,667
9,308
5,942
3,324

37,735
34,452
3,169
3,959
6,078
2,248
4,678
8,972
5,348
3,283

43,334
39,122
3,412
4,875
7,065
2,823
5,219
9,239
6,489
4,212

43,726
38,838
3,354
4,761
6,931
2,505
5,202
10,030
6,055
4,888

44,452
40,529
3,440
4,887
7,312
2,525
5,236
10,097
7,032
3,923

42,590
39,256
3,577
4,671
7,061
3,014
5,245
9,587
6,101
3,334

41,445
38,645
3,465
5,057
6,878
2,270
4,758
9,867
6,350
2,800

39,671
36,382
3,167
4,556
6,471
2,531
4,620
9,161
5,876
3,289

39,288
35,862
3,298
4,114
6,335
2,351
4,865
9,328
5,571
3,426

42,114
38,018
3,322
4,745
6,881
2,740
5,061
8,965
6,304
4,096

43,603
38,696
3,334
4,751
6,885
2,499
5,169
10,023
6,035
4,907

44,016
40,116
3,407
4,830
7,239
2,505
5,188
9,985
6,962
3,900

44,129
40,660
3,711
4,835
7,321
3,117
5,435
9,921
6,320
3,469

12
13
14
15

Canada2
Japan ....
Australia, New Zealand, and South Africa9
Australia

166,533
56,352

40,167
14,460

42,840
13,319

39,734
13,515

43,792
15,058

45,587
15,366

46,714
15,612

42,092
16,012

40,290
14,444

42,356
13,252

41,304
14,160

42,583
14,496

45,380
15,212

46,318
15,621

43,567
16,739

11,664

2,525

2,757

2,958

3,424

2,960

3,274

3,008

2,540

2,722

3,072

3,330

2,963

3,239

3,121

16

Eastern Europe

5,560

1,208

1,306

1,535

1,511

1,646

1,305

1,450

1,196

1,306

1,616

1,442

1,650

1,307

1,515

17
18
19
20
21

Latin America and Other Western Hemisphere
Brazil
Mexico
Venezuela
Other

141,310
13,124
86,621
5,328
36,237

32,339
2,982
18,899
1,445
9,013

33,856
3,214
20,301
1,276
9,065

35,540
3,322
22,321
1,375
8,522

39,575
3,606
25,100
1,232
9,637

39,310
3,178
25,865
1,244
9,023

42,066
3,645
27,575
1,395
9,451

44,022
4,210
28,807
1,410
9,595

32,446
3,010
18,955
1,442
9,039

33,470
3,162
20,066
1,258
8,984

37,032
3,446
23,246
1,441
8,899

38,362
3,506
24,354
1,187
9,315

39,119
3,176
25,741
1,233
8,969

41,747
3,600
27,356
1,386
9,405

45,720
4,360
29,901
1,465
9,994

22
23
24
25
26
27
28
29
30
31

Other countries in Asia and Africa7 9
Asia 79
Members of OPEC
China
Hong Kong
Korea, Republic of
Singapore
Taiwan
Africa7 9
Members of OPEC

140,421
130,045
12,148
13,033
12,558
22,379
16,066
17,683
9,596
1,090

31,551
29,226
2,819
2,767
2,968
4,738
3,863
3,779
2,251
310

34,026
31,454
2,555
3,550
2,996
5,641
3,700
4,229
2,434
239

35,814
33,358
2,320
3,541
3,264
6,038
4,389
4,577
2,335
300

39,030
36,007
4,454
3,175
3,330
5,962
4,114
5,098
2,576
241

35,998
33,759
2,368
3,173
3,156
6,400
4,021
5,209
2,167
362

39,768
37,216
2,345
4,073
3,548
7,232
4,030
6,025
2,475
243

43,739
40,938
2,824
4,394
3,801
7,032
4,867
6,824
2,713
502

31,588
29,272
2,814
2,766
2,957
4,723
3,892
3,789
2,243
309

33,666
31,101
2,546
3,502
2,970
5,589
3,634
4,188
2,427
238

37,409
34,823
2,463
3,691
3,409
6,302
4,542
4,792
2,460
318

37,758
34,849
4,325
3,074
3,222
5,765
3,998
4,914
2,466
225

35,801
33,575
2,383
3,133
3,127
6,354
4,000
5,184
2,153
366

39,535
36,978
2,338
4,048
3,531
7,192
3,983
5,990
2,478
248

45,594
42,639
2,953
4,598
3,955
7,331
5,033
7,132
2,863
529

401,530
104,892
18,566
264,262

99,437 100,054
26,794 25,846
4,070
4,574
59,513 64,155

95,164 106,875 108,595 111,359 105,148
23,983 28,269 26,995 28,693 28,003
3,995
4,736
3,983
5,927
3,974
67,672 72,922 72,024 77,849 83,029

99,733
26,886
4,565
59,651

98,954
25,546
4,042
63,447

99,092 103,751 108,111 110,490 109,054
24,973 27,487 26,859 28,411 29,014
4,947
3,972
4,222
3,982
5,737
70,567 70,597 71,635 77,321 86,384

32

International organizations and unallocated
Memoranda:

CO CO CO CO

Industrial countries7
Of which: Euro area10
Members of OPEC7
Other countries7

See footnotes on page 74.




58

• January 2001

SURVEY OF CURRENT BUSINESS

Table 2.—U.S. Trade in Goods—Continued
[Millions of dollars]
Not seasonally adjusted
1999

1999

Seasonally adjusted
2000

1999

2000

Trade in goods, by area and country, adjusted to balance of
payments basis, excluding military7—Continued:
IMPORTS
Total, all countries (A-16)
Western Europe
European Union
Belgium and Luxembourg
France
Germany8

Italy
Netherlands
United Kingdom
Other
Western Europe, excluding EU
Canada2
Japan
Australia, New Zealand, and South Africaq
Australia
Eastern Europe
Latin America and Other Western Hemisphere .
Brazil
Mexico
Venezuela
Other
Other countries in Asia and Africa7
Members of OPEC
China
Hong Kong
Korea, Republic of
Singapore
Taiwan
Africa 79
Members of OPEC

1,029,917

230,298

249,586

268,507

281,526

284,485

300,624

317,524

236,973

250,427

276,318

289,566

302,014

315,801

214,756
194,527
9,502
25,685
55,151
22,339
8,428
38,789
34,633
20,229

48,263
44,445
2,447
5,972
12,436
5,206
1,851
8,776
7,757
3,818

52,545
48,041
2,414
6,270
13,756
5,600
1,953
9,636
8,412
4,504

54,390
49,099
2,191
6,594
13,853
5,676
2,063
9,927
8,795
5,291

59,558
52,942
2,450
6,849
15,106
5,857
2,561
10,450
9,669
6,616

58,413
52,155
2,538
7,065
14,143
5,901
2,350
10,523
9,635
6,258

59,737
54,434
2,456
7,426
14,469
6,145
2,414
10,755
10,769
5,303

60,504
54,757
2,468
6,936
15,053
6,718
2,376
10,558
10,648
5,747

49,620
45,705
2,506
6,149
12,767
5,352
1,902
9,031
7,998
3,915

52,733
48,210
2,423
6,293
13,811
5,615
1,962
9,666
8,440
4,523

53,954
48,694
2,174
6,533
13,746
5,628
2,047
9,837
8,729
5,260

58,449
51,918
2,399
6,710
14,827
5,744
2,517
10,255
9,466
6,531

59,395
53,055
2,575
7,207
14,393
6,015
2,392
10,684
9,789
6,340

60,054
54,725
2,471
7,466
14,564
6,177
2,427
10,806
10,814
5,329

60,207
54,487
2,462
6,907
14,969
6,688
2,366
10,498
10,597
5,720

201,268
130,877

47,568
31,012

50,225
30,784

49,840
33,187

53,635
35,894

57,105
34,684

58,906
36,515

56,353
36,740

48,920
31,877

50,395
30,885

49,353
32,901

52,600
35,214

58,137
35,324

59,178
36,741

56,006
36,563

5,271

1,084

1,366

1,346

1,677

1,736

1,122

1,339

1,379

1,685

1,726

11,813

2,401

3,107

2,851

3,454

4,018

3,682

4,441

2,461

3,120

2,829

3,403

4,073

3,692

4,421

11,314
110,590
11,334
35,831

37,291
2,383
24,905
1,844
8,159

41,173
2,880
27,161
2,626
8,506

44,767
3,072
28,871
3,387
9,437

45,838
2,979
29,653
3,477
9,729

49,353
3,244
31,836
4,290
9,983

52,121
3,532
34,084
4,531
9,974

54,710
3,823
35,862
4,701
10,324

38,300
2,457
25,596
1,876
8,371

41,321
2,889
27,262
2,636
8,534

44,400
3,043
28,628
3,370
9,359

45,048
2,925
29,104
3,452
9,567

50,130
3,317
32,374
4,315
10,124

52,338
3,545
34,232
4,547
10,014

54,396
3,797
35,656
4,672
10,271

296,863
279,537
24,432
81,789
10,524
31,152
18,200
35,208
16,981
6,210

62,679
59,178
4,518
16,421
2,233
6,438
4,170
7,976
3,434
1,166

70,374
66,221
5,560
19,300
2,361
7,485
4,513
8,702
4,081
1,506

82,029
77,305
6,882
23,626
3,084
8,135
4,753
9,110
4,611
1,831

81,781
76,833
7,472
22,442
2,846
9,094
4,764
9,420
4,855
1,707

79,566
73,637
7,660
19,914
2,599
8,897
4,305
9,086
5,868
2,719

87,986
80,888
8,424
23,462
2,662
9,553
4,536
10,093
7,026
3,464

103,040
95,481
9,670
29,372
3,449
10,720
5,277
10,982
7,464
3,761

64,673
4,627
17,034
2,316
6,636
4,291
8,220
3,504
1,179

70,593
66,429
5,578
19,367
2,366
7,513
4,528
8,725
4,091
1,512

81,332
76,640
6,838
23,418
3,056
8,069
4,713
9,023
4,581
1,820

80,265
75,369
7,389
21,970
2,786
8,934
4,668
9,240
4,805
1,699

81,128
75,157
7,736
20,401
2,669
9,089
4,394
9,287
5,911
2,727

81,198
8,449
23,549
2,667
9,593
4,554
10,137
7,057
3,480

102,482
94,968
9,612
29,213
3,431
10,665
5,246
10,927
7,419
3,736

557,111
144,289
41,976
430,830

129,016
33,086
7,528
93,754

136,199
35,379,692
103,695

140,123
36,547
12,100
116,284

151,773
39,282
12,656
117,097

152,885
38,447
14,669
116,931

158,523
40,413
16,419
125,682

157,032
41,256
18,132
142,360

132,662
34,025
7,682
96,629

136,664
35,500
9,726
104,037

138,889
36,250
12,028
115,282

38,514
12,540
114,882

155,594
39,132
14,778
119,194

159,352
40,635
16,476
126,186

156,196
41,055
18,020
141,585

-81,307 -101,676

International organizations and unallocated
Memoranda:
Industrial countries7
Of which: Euro area 10
Members of OPEC7
Other countries7
BALANCE (EXCESS OF EXPORTS +)
-345,559

-66,774

-95,802

-99,892 -107,433 -124,611

-73,024

-83,984

-92,318

-96,233 -105,838 -110,231 -115,416

Western Europe
European Union
Belgium and Luxembourg
France
Germany8
Italy
Netherlands
United Kingdom
Other
Western Europe, excluding EU

-52,238
-45,620
3,750
-7,213
-28,586
-12,447
10,876
-1,468
-10,532
-6,618

-6,989
-5,963
1,020
-956
-5,560
-2,947
2,889
1,026
-1,435
-1,026

-12,370
-11,190
790
-1,648
-7,210
-3,038
2,714
-328
-2,470
-1,180

-16,655
-14,647
978
-2,635
-7,775
-3,428
2,615
-955
-3,447
-2,008

-16,224
-13,820
962
-1,974
-8,041
-3,034
2,658
-1,211
-3,180
-2,404

-14,687
-13,317
816
-2,304
-7,212
-3,396
2,852
-493
-3,580
-1,370

-15,285
-13,905
984
-2,539
-7,157
-3,620
2,822
-658
-3,737
-1,380

-17,914
-15,501
1,109
-2,265
-7,992
-3,704
2,869
-971
-4,547
-2,413

-8,175
-7,060
959
-1,092
-5,889
-3,082
2,856
836
-1,648
-1,115

-13,062
-11,828
744
-1,737
-7,340
-3,084
2,658
-505
-2,564
-1,234

-14,666
-12,832
1,124
-2,419
-7,411
-3,277
2,818
-509
-3,158
-1,834

-16,335
-13,900

Canada2
Japan
Australia, New Zealand, and South Africa9
Australia

-34,735
-74,525

-7,401
-16,552

-7,385
-17,465

-10,106
-19,672

-9,843
-20,836

-11,518
-19,318

-12,192
-20,903

-14,261
-20,728

-8,630
-17,433

-17,633

-8,049
-18,741

Total, all countries

Eastern Europe
Latin America and Other Western Hemisphere
Brazil
Mexico
Venezuela
Other
Other countries in Asia and Africa 79
Asia 7 9
Members of OPEC
China
Hong Kong
Korea, Republic of
Singapore
Taiwan
Africa 79
Members of OPEC

-7,946
-3,004
2,544
-1,290
-3,162
-2,435

-15,792
-14,359
759
-2,456
-7,508
-3,516
2,777
-661
-3,754
-1,433

-16,038
-14,609
936
-2,636
-7,325
-3,672
2,761
-821
-3,852
-1,429

-16,078
-13,827
1,249
-2,072
-7,648
-3,571
3,069
-577
^,277
-2,251

-10,017
-20,718

-12,757
-20,112

-12,860
-21,120

-12,439
-19,824

6,393

1,441

1,379

1,515

2,058

1,614

1,597

1,272

1,418

i",342

1,642

1,991

1,584

1,554

1,395

-6,253

-1,193

-1,801

-1,316

-1,943

-2,372

-2,377

-2,991

-1,265

-1,814

-1,213

-1,961

-2,423

-2,385

-2,906

-27,759
1,810
-23,969
-6,006
406

-4,952
599
-6,006
-399
854

-7,317
334
-6,860
-1,350
559

-9,227
250
-6,550
-2,01:
-915

-6,263
627
-4,553
-2,245
-92

-10,043
-66
-5,971
-3,046
-960

-10,055
113
-6,509
-3,136
-523

-10,688
387
-7,055
-3,291
-729

-5,854
553
-6,641
-434

-7,851
273
-7,196
-1,378
450

-7,368
403
-5,382
-1,929

-6,686
581
-4,750
-2,265
-252

-11,011
-141
-6,633
-3,082
-1,155

-10,591
55
-6,876
-3,161
-609

-8,676
563
-5,755
-3,207
-277

-156,442
-149,492
-12,284
-68,756
2,034
-8,773
-2,134
-17,525
-7,385
-5,120

-31,128
-29,952
-1,699
-13,654
735
-1,700
-307
-4,197
-1,183
-856

-36,348
-34,767
-3,005
-15,750
635
-1,844
-813
^,473
-1,647
-1,267

-46,215
-43,947
-4,562
-20,085
180
-2,097
-364
-4,533
-2,276
-1,531

-42,751
^0,826
-3,018
-19,267
484
-3,132
-650
-4,322
-2,279
-1,466

-43,568
-39,878
-5,292
-16,741
557
-2,497
-284
-3,877
-3,701
-2,357

-48,218
-43,672
-6,079
-19,389
886
-2,321
-506
-4,068
-4,551
-3,221

-59,301
-54,543
-6,846
-24,978
352
-3,688
-410
-4,158
-4,751
-3,259

-33,085
-31,827
-1,813
-14,268
641
-1,913
-399
^,431
-1,261
-870

-36,927
-35,328
-3,032
-15,865
604
-1,924
-894
-4,537
-1,664
-1,274

-43,923
-41,817
-4,375
-19,727
353
-1,767
-171
-4,231
-2,121
-1,502

-42,507
^0,520
-3,064
-18,896
436
-3,169
-670
-4,326
-2,339
-1,474

-45,327
^1,582
-5,353
-17,268
458
-2,735
-394
-4,103
-3,758
-2,361

-48,791
-44,220
-6,111
-19,501
864
-2,401
-571
-4,147
-4,579
-3,232

-56,888
-52,329
-6,659
-24,615
524
-3,334
-213
-3,795
-4,556
-3,207

-155,581
-39,397
-23,410
-166,568

-29,579
-6,292
-2,954
-34,241

-36,145
-9,528
-5,622
-39,540

-44,959
-12,564
-8,105
^8,612

-44,898
-11,013
-6,729
-44,175

^4,290
-11,452
-10,695
^4,907

^7,164
-11,720
-12,436
^7,833

-51,884
-13,253
-13,396
-59,331

-32,929
-7,139
-3,117
-36,978

-37,710
-9,954
-5,684
^0,590

-39,797
-11,277
-7,806
^4,715

-45,145
-11,027
-6,803
-44,285

-47,483
-12,273
-10,796
-47,559

^18,862
-12,224
-12,504
-48,865

^7,142
-12,041
-13,073
-55,201

International organizations and unallocated
Memoranda:
105
106
107

Industrial countries7
Of which: Euro area1()
Members of OPEC7
Other countries7

See footnotes on page 74.




January 2001

SURVEY OF CURRENT BUSINESS

59

Table 2.—U.S. Trade in Goods—Continued
[Millions of dollars]
Not seasonally adjusted

Trade in goods, by principal end-use category, adjusted to balance of
payments basis, excluding military:
Exports of goods, balance of payments basis, excluding military (A-8)
Agricultural products
Nonagricultural products

684,358 163,524

168,279 166,831 185,724 184,593 193,191 192,913 163,949 166,443 173,881 180,085 183,728 191,783 200,385

49,619 12,118
634,739 151,406

11,597 11,949 13,955
156,682 154,882 171,769

11,711 12,236 13,178
12,301
180,890 180,446 152,238 154,207 160,703

12,494

13,126 13,197 13,951
170,602 178,586 186,434

45,532

10,960

10,552 11,220

12,800

12,057

10,948

11,680

10,726

11,265

11,955

11,768

11,828

41,540
13,910
3,730
5,267
4,623
6,850
7,956
8,201

10,042
3,407
798
1,231
1,294
1,486
1,934
1,921

9,694 10,064
3,363 3,496
1,054
936
1,398
1,391
881
714
1,736
1,586
2,036 1,881
1,995 2,070

11,740
3,644
942
1,247
1,734
2,042
2,105
2,215

11,160
3,449
722
1,235
1,716
2,104
1,914
1,977

9,981
3,214
866
1,226
849
1,864
2,097
1,957

10,430
3,521
996
1,295
896
1,927
2,033
2,053

3,238
872
1,132
1,015
1,546
2,013
1,996

10,272
3,643
1,041
1,478
1,072
1,572
1,984
2,001

10,945
3,659
924
1,521
1,454
1,746
2,006
2,080

10,515
3,370
893
1,136
1,082
1,986
1,953
2,124

10,863
3,260
780
1,150
1,423
2,146
1,986
2,048

10,708 11,424
3,490 3,710
882
954
1,401
1,318
1,521
1,352
1,953
1,849
2,057 2,186
1,960 2,054

3,992
2,970

1,156
910

1,060
760

967

695

1,250
935

918
674

736

1,010
767

1,071
793

905
656

147,029

33,973

35,804 36,756

40,496

42,193

42,310

43,139

34,098

35,195

37,276

40,460

41,795

7,776
969
1,299
1,148
4,360

1,991
186
405
301
1,099

1,821
220
401
274

1,833
219
177
285
1,152

2,131
344
316
288

1,183

2,465
629
386
364
1,086

2,245
524
313
423
985

1,987
365
199
427
996

1,829
129
363
275
1,062

1,887
251
342
267
1,027

2,160
307
306
293
1,254

1,900
282
288
313
1,017

2,191
489
341
326
1,035

2,422
648
273
417
1,084

2,455
546
336
450
1,123

139,253
12,819
12,540
2,749
8,620

31,982
2,618
2,540
692
1,600

33,983
3,079
3,020
674
2,043

34,923
3,269
3,196
720
2,217

38,365
3,853
3,784
663
2,760

39,728
3,744
3,699
609
2,752

40,065
3,694
3,625
640
2,629

41,152
4,182
4,111
688
3,026

32,269
2,681
2,603
735
1,619

33,308
3,085
3,026
673
2,050

35,116
3,216
3,143
688
2,197

38,560
3,837
3,768
653
2,754

3,767
3,722
647
2,736

39,334
3,690
3,621
635
2,630

41,619
4,184
4,113
666
3,051

Paper and paper base stocks
Textile supplies and related materials
Chemicals, excluding medicinals
Building materials, except metals
Other nonmetals

12,174
9,215
45,959
8,166
18,467

2,853
2,169
10,849
1,967
4,417

2,938
2,412
11,347
2,092
4,563

3,039
2,284
11,350
2,042
4,567

3,344
2,350
12,413
2,065
4,920

3,559
2,496
12,360
2,140
5,260

3,662
2,707
13,035
2,229
5,311

3,582
2,756
13,624
2,205
5,185

2,850
2,192
10,903
2,004
4,413

2,908
2,298
11,069
2,029
4,458

3,053
2,340
11,521
2,060
4,640

3,363
2,385
12,466
2,073
4,956

3,519
2,490
12,253
2,159
5,205

3,627
2,580
12,760
2,165
5,196

3,616
2,840
13,910
2,219
5,271

Metals and nonmetallic products
Steelmaking materials
Iron and steel products
Nonferrous metals
Nonmonetary gold
Other precious metals
Other nonferrous metals
Other metals and nonmetallic products

32,453
1,397
5,741
13,540
5,263
1,812
6,465
11,775

7,109
274
1,342
2,741
739
504
1,498
2,752

7,552
376
1,403
2,812
811
460
1,541
2,961

8,372
364
1,452
3,577
1,521
386
1,670
2,979

9,420
383
1,544
4,410
2,192
462
1,756
3,083

10,169
389
1,716
4,747
2,405
576
1,766
3,317

9,427
470
1,706
3,398
924
613
1,861
3,853

9,618
424
1,718
3,770
1,058
635
2,077
3,706

7,226
301
1,338
2,800
739
504
1,557
2,787

7,461
354
1,377
2,848
811
460
1,577
2,882

9,480
388
1,550
4,414
2,192
462
1,760
3,128

10,211

354
1,476
3,478
1,521
386
1,571
2,978

9,316
439
1,679
3,443
924
613
1,906
3,755

9,579
422
1,752
3,667
1,058
635
1,974
3,738

311,775

74,646

75,819

76,684

84,626

81,376

89,085

91,449

75,287

75,730

79,440

89,234

94,002

255,808
29,403
226,405
11,987
11,899
6,193
13,142
43,097

59,926
6,849
53,077
2,935
3,009
1,373
3,107
9,951

62,036
7,160
54,876

69,401
7,951
61,450
3,052
3,145
1,676
3,520
11,506

70,035
8,038
61,997
2,998
2,989
1,731
3,678
12,130

74,734
8,825
65,909
3,061
3,035
1,784
3,957
12,748

79,820
9,467
70,353
3,202
3,169
1,875
4,211
13,083

6,929
53,670
2,987
3,071
1,398
3,061
10,052

62,604
7,153
55,451
2,908
2,887
1,571
3,169
10,582

65,593
7,475
58,118
3,019
2,959
1,633
3,422
11,066

67,012
7,846
59,166
3,073
2,982
1,591
3,490
11,397

8,002
61,990
3,012
3,028
1,753
3,589
12,164

75,433
8,824

1,576
3,216
10,841

64,445
7,443
57,002
3,016
2,847
1,568
3,299
10,799

80,971
9,513
71,458
3,249
3,269
1,937
4,348
13,355

46,724
46,962
26,622
2,999
16,780

11,117
10,583
6,150

11,233
11,085
6,289
711
4,043

11,543
12,158
6,957
730
4,085

13,381
14,535
8,023
783
4,602

14,165
16,391
8,712

864
4,494

12,874
13,234
7,167
749
4,447

11,649
11,372
6,504
733
4,076

11,954
12,156
6,909
741
4,259

11,937
12,831
6,723
795
4,347

12,799
13,130
7,397
786
4,332

52,921
28,996
3,046

13,904
7,91
816

13,192
7,230
591

11,654
5,844
585

14,171
8,004
1,054

10,666
4,559
675

13,767
7,385
584

11,099
4,815
530

12,535
6,577
591

13,262
7,319
585

13,252
7,225
1,054

10,908

12,501
6,095
530

19,804

20,909

21,441

18,775

19,355

19,384

20,086

20,203

12,535
2,598
1,872
1,530
6,535

12,428
2,855
1,925
1,426
6,222

1,361
1,223
5,124

2,195
1,548
1,266
5,916

11,387
2,305
1,657
1,354
6,071

11,831
2,238
1,809
1,428
6,356

2,473
1,800
1,360
6,176

11,872
2,547
1,861
1,403
6,061

2,357
1,696
1,339
5,863

8,374
1,776
769
1,080
4,749

9,013
2,112
889
1,164
4,848

8,320
1,539
772
1,130
4,879

7,388
1,939
711
673
4,064

4,015

7,524
1,722
641
891
4,270

7,575
1,714
673
869
4,319

8,214
1,693
721
1,074
4,726

8,763
1,972
918
1,136
4,737

19,835

19,868

20,167

20,898

21,825

22,132

3,760
949

2,980
9,290
3,779
909

9,734
3,172
9,550
3,921
883

9,824
3,273
9,969
4,132
1,105

10,173
3,242
10,529
4,181
1,123

3,563
10,346
4,199

10,922
3,746
10,678
4,361
1,263

5,762

5,610

6,815

6,725

Foods, feeds, and beverages
Agricultural
Grains and preparations
Wheat
Corn
Soybeans
Meat products and poultry
Vegetables, fruits, nuts, and preparations
Other agricultural foods, feeds, and beverages
Nonagricultural (fish, distilled beverages, etc.)
Fish and shellfish
Industrial supplies and materials
Agricultural
Raw cotton
Tobacco, unmanufactured
Hides and skins, including furskins
Other agricultural industrial supplies
Nonagricultural
Energy products
Fuels and lubricants
Coal and related fuels
Petroleum and products

Capital goods, except automotive
Machinery, except consumer-type
Electric generating machinery, electric apparatus, and parts
Nonelectric, including parts and attachments
Oil drilling, mining, and construction machinery
Industrial engines, pumps, and compressors
Machine tools and metalworking machinery
Measuring, testing, and control instruments
Other industrial, agricultural, and service industry machinery
Computers, peripherals, and parts
Semiconductors
Telecommunications equipment
Other office and business machines
Scientific, hospital, and medical equipment and parts
Civilian aircraft, engines, parts
Civilian aircraft, complete, all types
Other transportation equipment

75,755

18,937 20,210

To Canada
Passenger cars, new and used
Trucks, buses, and special purpose vehicles
Engines and engine parts
Other parts and accessories

45,952
9,211
6,814
5,408
24,519

11,486
2,258
1,550
1,370
6,308

12,566
2,759
1,887
1,459
6,461

To other areas
Passenger cars, new and used
Trucks, buses, and special purpose vehicles
Engines and engine parts
Other parts and accessories

29,803
7,243
2,690
3,202
16,668

7,451
1,940
747
678
4,086

7,644
2,088
651
791
4,114

6,832
1,351
530
853

19,375 20,128

Automotive vehicles, engines, and parts

Consumer goods (nonfood), except automotive
Consumer nondurable goods, manufactured
Medical, dental, and pharmaceutical preparations, including vitamins
Consumer durable goods, manufactured
Household and kitchen appliances and other household goods
Unmanufactured consumer goods (gem stones, nursery stock)
Exports, n.e.c

See footnotes on page 74.




1,673
1,527
1,230
5,542

2,521
1,850
6,208

730
4,098

19,790

21,475

21,516

22,433

22,431

39,115
12,424
37,807
15,592
3,846

9,629
2,964
8,809
3,711
937

9,738
3,035
9,413
3,857
977

9,793
3,090
9,194
3,847
803

9,955
3,335
10,391
4,177
1,129

10,044
3,255
10,362
4,185
1,110

10,734
3,621
10,524
4,269
1,175

10,997
3,679
10,230
4,262
1,204

23,499

5,633

5,766

5,577

6,523

6,542

6,974

80,768

11,184

13,872
7,875

2,999

4,792
2,405
576
1,811
3,304
81,575

6,439

1,120
840

1,094
784

41,756 44,074

1,779
3,909

13,846
14,897
8,292
806
4,646

14,622
16,219
8,720
847
4,892

11,040
2,139
1,611
1,405

9,163
1,972
1,180

60

January 2001

SURVEY OF CURRENT BUSINESS

Table 2.—U.S. Trade in Goods—Continued
[Millions of dollars]
Not seasonally adjusted

Seasonally adjusted

Line

2000
III''
Trade in goods, by principal end-use category, adjusted to balance of
payments basis, excluding military—Continued:
Imports of goods, balance of payments basis, excluding military (A-16)
Petroleum and products6
Nonpetroleum products
Foods, feeds, and beverages
Agricultural
Coffee, cocoa, and sugar
Green cofiee
Meat products and poultry
Vegetables, fruits, nuts, and preparations
Wine and related products
Other agricultural foods, feeds, and beverages
Nonagricultural (fish, distilled beverages, etc)
Fish and shellfish
Whiskey and other alcoholic beverages

1,029,917 230,298 249,586 268,507 281,526 284,485 300,624 317,524 236,973 250,427 266,199 276,318 289,566 302,014 315,801
67,807 10,393 15,875 19,993 21,546 26,918 29,166 31,896 10,532 15,940 19,903 21,432 27,010 29,265 31,688
962,110 219,905 233,711 248,514 259,980 257,567 271,458 285,628 226,441 234,487 246,296 254,886 262,556 272,749 284,113
43,578

10,410

11,082

10,627

11,459

11,076

11,533

11,438

10,516

31,476
3,712
2,534
4,498
9,135
4,163
9,970
12,102
8,914
2,618

7,927
1,155
776
1,019
2,615
867
2,271
2,483
1,847
513

8,248
985
653
1,150
2,589
1,077
2,448
2,834
2,087

7,381
808
545
1,092
1,832
1,092
2,557
3,246
2,386
711

7,920
764
560
1,237
2,099
1,127
2,694
3,539
2,594

8,355
1,090
807
1,249
2,653
955
2,408
2,721
1,990
602

8,464

1,377
2,449
1,180
2,571
3,069
2,249
680

7,687
747
500
1,297
1,827
1,184
2,631
3,751
2,876
740

7,693
974
631
1,027
2,203
1,029
2,461
2,823
2,101
598

1,117
2,356
1,033
2,476
2,943
2,161
633

224,800

46,219

54,311

60,632

71,317

73,881

77,866

46,796

1,457
72,424
32,096
31,596

1,227
76,639
36,503
35,481

1,315
45,481
12,484
12,234

796
Industrial supplies and materials

63,638
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123

Agricultural
Nonagricultural products
Energy products
Fuels and lubricants6

Transportation equipment, except automotive
Civilian aircraft, engines, parts
Civilian aircraft, complete, all types

53,379

60,340

64,285

1,339
52,040
18,538
18,197

1,341
58,999
22,855
22,470

1,534
62,751
24,345
23,978

11,407

11,824

8,224
885
679
1,336
2,266
1,133
2,604
3,183
2,322
722

8,243
840
579
1,342
2,317
1,152
2,592
3,581
2,736
708

71,516

72,910

77,844

1,381
70,135
29,919
29,518

11,143

1,260
2,224
1,122
2,586
3,058
2,241

12,207

24,262

1,449
69,868
29,875
29,566

31,846

35,527

11,614
10,303
30,173
21,824
15,821

2,736
2,421
7,562
4,563
3,580

2,693
2,637
7,391
5,746
3,917

2,976
2,634
7,511
6,121
4,097

3,209
2,611
7,709
5,394
4,227

3,294
2,792
8,685
5,422
4,251

3,380
3,012
8,726
5,910
4,554

3,592
2,798
8,708
5,495
4,567

2,765
2,484
7,214
4,907
3,723

2,670
2,523
7,168
5,462
3,846

2,971
2,605
7,740
5,789

3,208
2,691
8,051
5,666
4,254

3,301
2,827
8,191
5,761
4,369

3,359
2,887
8,484
5,614
4,478

3,599
2,806
9,137
5,209
4,491

51,314
2,791
18,125
22,797
5,768
4,463
6,400
6,166
7,601

11,596
584
4,248
4,996
814
1,244
1,491
1,447
1,768

12,190
672
4,559
5,079
788
1,053
1,795
1,443

13,140
676
4,630
5,867
1,849
898
1,579
1,541
1,967

14,388
859
4,688
6,855
2,317
1,268
1,535
1,735
1,986

15,549
800
5,109
7,528
2,394
1,575
1,804
1,755
2,112

14,746
896
5,670
5,889
740
1,425
1,878
1,846
2,291

14,976
802
5,528
6,277
1,058
1,672
1,840
1,707
2,369

11,904
645
4,463
5,014
814
1,239
1,474
1,487
1,782

11,833
632
4,447
4,931
788
1,059
1,632
1,452
1,823

13,041
655
4,494
5,926
1,849
918
1,660
1,499
1,966

14,536
859
4,721
6,926
2,317
1,247
1,634
1,728
2,030

15,767
864
5,326
7,469
2,394
1,528
1,770
1,777
2,108

14,346
844
5,556
5,722
740
1,415
1,709
1,858
2,224

14,973
802
5,422
6,363
1,058
1,683
1,928
1,694
2,386

297,112

67,487

72,736

76,032

80,857

79,271

86,843

91,985

69,815

72,974

75,641

78,682

81,068

87,125

91,933

270,226
32,836
237,390
7,026
8,258
7,665
7,831
45,849

61,091
7,340
53,751
1,901
1,915
1,934
1,819
11,066

66,210
7,953
58,257
1,991
1,978
1,921
1,930
11,556

68,901
8,527
60,374
1,573
2,076
1,863
1,985
11,265

74,024
9,016
65,008
1,561
2,289
1,947
2,097
11,962

72,667
8,977
63,690
1,840
2,522
1,998
2,189
12,145

79,785
9,907
69,878
2,051
2,562
2,247
2,302
13,151

84,506
10,385
74,121
1,730
2,450
2,059
2,471
12,648

63,361
7,601
55,760
1,880
1,917
1,978
1,830
11,160

66,522
7,977
58,545
1,802
1,941
1,861
1,938
11,180

68,527
8,425
60,102
1,658
2,105
1,909
1,996
11,538

71,816
8,833
1,686
2,295
1,917
2,067
11,971

74,460
9,170
65,290
1,780
2,483
2,026
2,181
12,109

80,129
9,928
70,201
1,875
2,520
2,184
2,313
12,759

84,440
10,341
74,099
1,831
2,520
2,119
2,506
13,091

81,456
37,628
23,939
6,398
11,340

18,292
8,243
4,443
1,655
2,483

9,215
5,619
1,511
2,728

21,091
9,600
6,427
1,565
2,929

22,265
10,570
7,450
1,667
3,200

19,894
10,756
7,668
1,575
3,103

21,709
11,601
9,338
1,540
3,377

24,383
13,307
9,784
1,518
3,771

19,486
8,376
4,790
1,673
2,670

20,512
9,247
5,752
1,550
2,762

20,509
9,575
6,346
1,566
2,900

20,949
10,430
7,051
1,609
3,008

20,962
10,812
8,096
1,568
3,273

9,466
1,589
3,423

9,625
1,525
3,766

23,773
9,217

6,396
5,548
1,853

6,526
5,830
2,150

7,131
6,407
2,698

6,833
5,988
2,516

6,604
5,803
2,325

7,058
6,283
2,910

7,479
6,704
3,222

6,454
5,606
1,853

6,452
5,755
2,150

7,114
6,390
2,698

6,866
6,022
2,516

6,608
5,807
2,325

6,996
6,221
2,910

7,493
6,717
3,222

49,728

46,606

42,039

43,661

46,693

48,330

48,863

50,858

13,963
7,058
2,799

15,399
8,172
3,068
1,015
3,144

15,481
8,031
3,266
966
3,218

16,664
8,836
3,324
1,054
3,450

16,327
8,752
3,207
1,079
3,289

1,085
3,488

15,825
8,200
2,940
1,168
3,517

16,162
8,465
3,186
1,041
3,470

Metals and nonmetallic products
Steelmaking materials
Iron and steel products
Nonferrous metals
Nonmonetary gold
Other precious metals
Bauxite and aluminum
Other nonferrous metals
Other metallic and nonmetallic products

Computers, peripherals, and parts
Semiconductors
Telecommunications equipment ....
Other office and business machines
Scientific, hospital, and medical equipment and parts

7,900
836
619
1,224
2,259
1,046
2,534
3,243
2,376
718

1,294
59,338
22,859
22,389

Paper and paper base stocks
Textile supplies and related materials
Chemicals, excluding medicinals
Building materials, except metals
Other nonmetals

Machinery, except consumer-type
Electric generating machinery, electric apparatus and parts
Nonelectric, including parts and attachments
Oil drilling, mining, and construction machinery
Industrial engines, pumps, and compressors
Machine tools and metalworking machinery
Measuring, testing, and control instruments
Other industrial, agricultural, and service industry machinery

11,143

7,917
917
634
1,130
2,317
1,055
2,499
3,093
2,276

1,395
52,916
18,342
18,021

5,529
219,271
78,222
76,879

Capital goods, except automotive

11,010

10,909

1,480

179,392

43,282

44,606

42,859

48,645

49,994

125
126
127
128
129

From Canada
Passenger cars, new and used
Trucks, buses, and special purpose vehicles
Engines and engine parts
Other parts and accessories

63,871
33,791
12,865
4,114
13,101

16,448
8,963
3,169
1,068
3,248

16,399
8,531
3,465
1,040
3,363

14,461
7,344
2,989
952
3,176

16,563
8,953
3,242
1,054
3,314

17,853
9,540
3,518
1,150
3,645

8,628
3,111
1,257
3,665

130
131
132
133
134

From other areas
Passenger cars, new and used
Trucks, buses, and special purpose vehicles
Engines and engine parts
Other parts and accessories

115,521
62,508
7,552
10,153
35,308

26,834
14,377
1,723
2,427
8,307

28,207
15,083
1,875
2,388
8,861

28,398
15,282
1,843
2,540
8,733

32,082
17,766
2,111
2,798
9,407

32,141
17,341
2,017
2,732
10,051

33,067
18,367
1,899
2,764
10,037

32,643
18,651
1,608

26,640
14,465
1,738
2,352

28,180
15,175
1,861
2,371
8,773

30,029
16,382
1,863
2,661
9,123

30,672
16,486
2,090
2,769
9,327

31,797
17,413
2,037
2,632
9,715

33,038
18,433
1,887
2,751
9,967

34,696
20,039
1,640
2,851
10,166

239,607
114,693
55,936
10,879
112,492
44,339
19,756
16,381
9,824
12,422

52,393
26,463
12,874
2,703
23,035
9,446
3,747
3,071
1,835
2,895

55,668
26,500
12,480
2,638
26,405
10,943
4,495
3,748
2,280
2,763

66,869
32,353
16,744
2,932
31,197
12,176
5,702
4,754
2,813
3,319

64,677
29,377
13,838
2,606
31,855
11,774
5,812
4,808
2,896
3,445

60,572
29,415
14,318
2,899
27,362
11,052
4,149
4,026
2,250
3,795

66,071
31,444
14,659
2,817
31,076
12,644
4,432
4,735
2,792
3,551

76,521
37,506
18,996
3,152
35,133
13,902
5,851
5,898
3,139
3,882

57,103
27,896
13,842
2,768
26,453
10,356
4,804
3,729
2,305
2,754

58,311
27,646
13,609
2,692
27,702
11,019
5,063
4,006
2,421
2,963

60,923
28,920
13,962
2,635
28,828
11,284
4,998
4,195
2,463
3,175

63,270
30,231
14,523
2,784
29,509
11,680
4,891
4,451
2,635
3,530

65,159
30,594
15,114
2,930
30,967
11,948
5,217
4,847
2,768
3,598

69,141
32,864
16,039
2,886
32,478
12,703
4,987
5,016
2,945

70,156
33,808
15,982
2,878
32,635
12,974
5,185
5,157
2,747
3,713

45,428
28,780

10,507
6,703

11,183
7,071

11,488
7,203

12,250
7,803

12,255
7,829

12,568
7,757

13,108
8,236

10,704
6,770

11,193
7,115

11,592
7,307

11,939
7,588

12,350
7,823

12,568
7,800

13,186
8,310

3,804

4,112

4,447

4,426

4,872

3,934

4,078

4,285

4,351

4,527

4,768

4,876

124

Automotive vehicles, engines, and parts

135
136
137
138
139
140
141
142
143
144

Consumer goods (nonfood), except automotive
Consumer nondurable goods, manufactured
Textile apparel and household goods, except rugs
Footwear of leather, rubber, and other materials
Consumer durable goods, manufactured
Household and kitchen appliances and other household goods
Toys, shooting, and sporting goods, including bicycles
Television and video receivers
Radio and stereo equipment, including records, tapes, and disks
Unmanufactured consumer goods (gemstones, nursery stock)

145
146
147

Imports, n.e.c, and U.S. goods returned
U.S. goods returned
Other products, including balance of payments adjustments not included above
(minimum value shipments and miscellaneous imports)

See footnotes on page 74.




January 2001

SURVEY OF CURRENT BUSINESS

61

Table 3.—Private Service Transactions
[Millions of dollars]
Not seasonally adjusted

Seasonally adjusted

254,665

59,834

61,353

68,119

65,359

66,078

68,403

75,154

61,929

63,070

63,905

65,759

68,471

70,274

70,332

Travel (table 1, line 6)
Passenger fares (table 1, line 7)
Other transportation (table 1, line 8) .
Freight
Port services

74,881
19,776
27,033
11,667
15,365

15,784
4,466
6,205
2,737

18,569
4,756

18,620
4,794
7,056
3,188
3,868

17,783
4,697
3,201
3,719

21,365
5,231
7,440
3,332
4,108

25,299
6,200
7,975

2,839
3,854

21,908
5,760
7,079
2,903
4,175

18,140
4,814
6,515
2,785
3,730

18,564
4,902
6,692
2,813

18,695
5,105
6,728
2,927
3,801

19,482
4,955
7,097
3,142
3,956

20,431
5,062
7,252
3,257
3,995

21,363
5,387
7,434
3,299
4,135

21,567
5,475
7,596
3,396
4,200

Royalties and license fees (table 1, line 9)
Affiliated
U.S. parents' receipts
U.S. affiliates' receipts
Unaffiliated
Industrial processes1
Other2

36,467
26,307
24,576
1,731
10,160
3,551
6,609

8,861
6,402
5,941
461
2,459
891
1,568

6,377
5,955
422
2,512
888
1,624

9,007
6,441
5,999
442
2,566
886
1,680

9,710
7,087
6,681
406
2,623
886
1,737

6,409
5,948
461
2,679
886
1,793

9,278
6,543
6,096
447
2,735
886
1,848

9,238
6,445
5,923
522
2,793
887
1,905

9,114
6,655
6,127
528
2,459
891
1,568

9,140
6,628
6,114
514
2,512
888
1,624

9,106
6,540
6,097
443
2,566
886
1,680

9,107
6,484
6,238
246
2,623
886
1,737

9,353
6,674
6,132
542
2,679
886
1,793

9,584
6,849
6,251
598
2,735
886
1,848

9,349
6,556
6,019
537
2,793
887
1,905

Other private services (table 1, line 10)
Affiliated services
U.S. parents' receipts
U.S. affiliates' receipts
Unaffiliated services
Education
Financial services
Insurance, net
Premiums received
Losses paid
Telecommunications
Business, professional, and technical services .
Other unaffiliated services3

96,508
28,943
18,111
10,832
67,565
9,572
13,925
2,295
8,259
5,964
4,460
24,368
12,946

24,518
7,089
4,399
2,690
17,429
3,872
2,901
553
1,991
1,437
1,162
5,871
3,070

22,446
6,810
4,309
2,501
15,636
1,208
3,496
563
2,043
1,480
1,152
6,055
3,163

24,365
6,995
4,423
2,572
17,370
2,563
3,613
579
2,091
1,512
1,099
6,172
3,344

25,179
8,049
4,980
3,069
17,130
1,930
3,915
599
2,135
1,536
1,048

27,590
7,763
4,421
3,342
19,827
4,093
4,389
625
2,178
1,553
1,015
6,378
3,327

25,089
7,612
4,664
2,948
17,477
1,272
4,656
651
2,220
1,568
972
6,507
3,418

26,442
7,412
4,415
2,997
19,030
2,715
4,416
678
2,262
1,584
962
6,675
3,585

23,346
7,351
4,512
2,839
15,995
2,343
2,901
553
1,991
1,437
1,162
5,871
3,165

23,772
6,937
4,336
2,601
16,835
2,377
3,496
563
2,043
1,480
1,152
6,055
3,192

24,271
7,127
4,569
2,558
17,144
2,417
3,613
579
2,091
1,512
1,099
6,172
3,264

25,118
7,527
4,693
2,834
17,591
2,435
3,915
599
2,135
1,536
1,048
6,269
3,325

26,373
8,059
4,534
3,525
18,314
2,484
4,389
625
2,178
1,553
1,015
6,378
3,424

26,506
7,748
4,687
3,061
18,758
2,518
4,656
651
2,220
1,568
972
6,507
3,453

26,345
7,540
4,561
2,979
18,805
2,566
4,416
678
2,262
1,584
962
6,675
3,508

Exports of private services .

174,825

38,454

44,613

48,056

43,702

43,488

50,130

55,577

42,041

43,122

44,096

45,567

47,492

48,408

51,185

Travel (table 1, line 23)
Passenger fares (table 1, line 24)
Other transportation (table 1, line 25) .
Freight
Port services

59,351
21,405
34,137
22,214
11,925

12,242
4,771
7,493
4,790
2,704

15,945
5,655
8,218
5,348
2,871

18,017
5,964
9,185
6,053
3,132

13,147
5,015
9,241
6,023
3,218

13,313
5,258
9,227
6,015
3,212

17,404
6,381
9,957
6,527
3,430

20,198
6,909
10,743
7,194
3,549

14,560
5,215
7,784
4,977
2,808

14,718
5,274
8,187
5,273
2,914

14,799
5,348
8,953
5,915
3,038

15,274
5,568
9,214
6,049
3,165

15,837
5,777
9,582
6,251
3,331

16,044
5,944
9,900
6,420
3,480

16,704
6,203
10,461
7,021
3,440

Royalties and license fees (table 1, line 26) .
Affiliated
U.S. parents' payments
U.S. affiliates' payments
Unaffiliated
Industrial processes'
Other2

13,275
10,208
2,134
8,074
3,067
1,883
1,185

3,021
2,302
500
1,802
719
436
283

3,150
2,396
508
1,888
754
461
293

3,223
2,439
536
1,903
784
483
301

3,881
3,071
590
2,481
810
502
308

3,528
2,699
621
2,078
829
515
314

3,591
2,746
629
2,117
845
527
318

4,411
2,880
658
2,222
1,531
537
993

3,081
2,362
500
1,862
719
436
283

3,224
2,470
508
1,962
754
461
293

3,314
2,530
536
1,994
784
483
301

3,656
2,846
590
2,256
810
502

3,590
2,761
621
2,140
829
515
314

3,661
2,816
629
2,187
845
527
318

4,512
2,981
658
2,323
1,531
537
993

Other private services (table 1, line 27)
Affiliated services
U.S. parents' payments
U.S. affiliates' payments
Unaffiliated services
Education
Financial services
Insurance, net
Premiums paid
Losses recovered
Telecommunications
Business, professional, and technical services .
Other unaffiliated services3

46,657
22,437
11,427
11,010
24,220
1,840
3,574
4,078
21,242
17,164
6,766
7,430
532

10,927
4,873
2,477
2,396
6,054
347
767
1,233
5,348
4,115
1,779
1,807
121

11,645
5,630
2,817
2,813
6,015
452
845
988
5,308
4,320
1,759
1,840
132

11,667
5,543
2,803
2,740
6,124
588
985
884
5,284
4,400
1,658
1,873
136

12,418
6,391
3,330
3,061
6,027
453
977
972
5,301
4,329
1,571
1,911
143

12,162
5,731
2,818
2,913
6,431
403
1,188
1,182
5,367
4,185
1,565
1,949
145

12,797
5,938
2,790
3,148
6,859
524
1,290
1,408
5,461
4,053
1,500
1,993
145

13,316
5,755
2,696
3,059
7,561
683
1,347
1,851
5,568
3,717
1,498
2,040
142

11,401
5,262
2,761
2,501
6,139
432
767
1,233
5,348
4,115
1,779
1,807
121

11,719
5,703
2,852
2,851
6,016
453
845
988
5,308
4,320
1,759
1,840
132

11,682
5,677
2,873
2,804
6,005
469
985
884
5,284
4,400
1,658
1,873
136

11,855
5,795
2,941
2,854
6,060
486
977
972
5,301
4,329
1,571
1,911
143

12,706
6,176
3,135
3,041
6,530
502
1,188
1,182
5,367
4,185
1,565
1,949
145

12,859
6,001
2,818
3,183
6,858
524
1,290
1,408
5,461
4,053
1,500
1,993
145

13,305
5,884
2,759
3,125
7,421
543
1,347
1,851
5,568
3,717
1,498
2,040
142

-99,892 -107,433
-345,559 -66,774 -81,307 -101,676
22,590
18,273
21,657
20,063
79,840 21,380 16,740
-265,719 -45,394 -64,567 -81,613 -74,145 -77,302 -89,160

-124,611
19,577
-105,034

-73,024
19,888
-53,136

-83,984
19,948
-64,036

-92,318
19,809
-72,509

-96,233
20,192
-76,041

-105,838
20,979
-84,859

-110,231
21,866
-88,365

-115,416
19,147
-96,269

Imports of private services

Memoranda:
Balance on goods (table 1, line 71)
Balance on private services (line 1 minus line 27)
Balance on goods and private services (lines 53 and 54) .
See footnotes on page 74.




62

January 2001

SURVEY OF CURRENT BUSINESS

Table 4.—Selected U.S. Government Transactions
[Millions of dollars]
Not se isonally adjusted
Line

II

I
A1 U.S. Government grants and transactions increasing Government assets, total

2000

1999

1999

I

IK

III/'

20,651

4,019

5,379

4,564

6,689

4,375

4,531

4,753

13,842
13,774
3,911
9,862

2,582
2,574

3,100
3,097

2,852
2 847

662

630

2,068

2,434

2,217

5,307
5,256
2,113
3,143

2,916
2 912
1,026
1,886

3,237
3,232

506

3,599
3,581
1,238
2,343

69

9

3

6

51

5

5

18

6,175
1,451
3,999

1,314

2,167

1,595

1,099

1,750

1,235

1,052

343

410
825

335
716
2

59
-1

101

III

IV

By category

2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

19
20
21
22
23
24
25
26

Grants, net
U S Government current grants net (table 1 line 36 with signs reversed)
Financing military purchasesl
Other grants
Cash contributions received from coalition partners for Persian Gulf operations
Debt forgiveness (table 1, part of line 39, with sign reversed)
Credits and other long-term assets (table 1, line 47, with sign reversed)
Capital subscriptions and contributions to international financial institutions, excluding IMF
Credits repayable in U.S. dollars
Credits repayable in other than U S dollars
Other long-term assets
Foreign currency holdings and short-term assets, net (table 1, line 49 with sign reversed)
Foreign currency holdings (excluding administrative cash holdings), net
Receipts from:
Sales of agricultural commodities
Interest
Repayments of principal
Row or co nrantc
ncVcloc yidlUo
Other sources
Less currencies disbursed for
Grants and credits in the recipient's currency
Other grants and credits
Other U.S. Government expenditures
Assets acquired in performance of U S Government guarantee and insurance obligations, net
Other assets held under Commodity Credit Corporation Charter Act, net
Assets financing military sales contracts, net2
Other short-term assets (including changes in administrative cash holdings) net

-3
728

394
736
-6
191

634
-24

122
7

n

718
2,514

456

329

1,544

1,094

1
167

2
170

272
626
1
201

112
-38

117
4

283
2

n

n

n

2

3

4

-2
96

1
74

-218

1
40

n

n

21

-12

2
15

8

2

42
328

2
19

41
139

1,407

-291

4

n

n

n

n

n

0

330

96

ii

17

206

-78

115

By program

27
28
29
30
31
32
33
34
35

Capital subscriptions and contributions to international financial institutions, excluding IMF
Under Agricultural Trade Development and Assistance Act and related programs
Under Foreign Assistance Act and related programs
Under Export-Import Bank Act
Under Commodity Credit Corporation Charter Act
Under other grant and credit programs ....
Other foreign currency assets acquired (lines A16, A17, and A19)
Less foreign currencies used by U.S. Government other than for grants or credits (line A22)
Other (including changes in administrative cash holdings), net

1,451
2,003
11,575
1,636
1,806
1,147

18
42
1,058

394
497

456
571

329
502

272
432

343
507

410
374

335
322

1,964

2,458

2,496

4,657

2,769

2,756

3,527

269

750
80
215
2
-2
186

425
55
439
3
1
407

562
44
224
4

246
355
372

321
24
237

1
21

-13

3,220
1,504

4,101
2,342

831
776
182

771
693
9

594
11
110

0

0

3
41

13
-2

3
1

192
467
211
10
2
287

1,204

282
3
41
178

-78

3

By disposition

36
37
38
39
40
41
42
43
44
45
46
47
48

Estimated transactions involving no direct dollar outflow from the United States
Expenditures on U S merchandise
Expenditures on U S services4
Financing of military sales contracts by U S Governments (line C6)
By long-term credits
By short-term credits'
By grants' .
U.S. Government grants and credits to repay prior U S Government credits' 4
U.S. Government long- and short-term credits to repay prior U S private credits6 and other assets
Increase in liabilities associated with U S Government grants and transactions increasing Government assets (including changes in
retained accounts)7 (line C11)
Less receipts on short-term U.S Government assets (a) financing military sales contracts ' (b) financing repayment of private credits
and other assets, and (c) financing expenditures on U S merchandise
Less foreign currencies used by U S Government other than for grants or credits (line A22)
Estimated dollar payments to foreign countries and international financial institutions

B1 Repayments on U.S. Government long-term assets, total (table 1, line 48)
Receipts of principal on U.S. Government credits
2
Under Agricultural Trade Development and Assistance Act and related programs
3
Under Foreign Assistance Act and related programs
4
Under Export-Import Bank Act .
5
Under Commodity Credit Corporation Charter Act
6
Under other credit programs ....
7
Receipts on other long-term assets
8
C1 U.S. Government liabilities other than securities, total, net increase (+) (table 1, line 60)
Associated with military sales contracts2
2
U.S. Government cash receipts from foreign governments (including principal repayments on credits financing military sales contracts)
3
4
5
6

7
8
9
10
11
12
13
14
15

net of refunds.l
Less U.S. Government receipts from principal repayments
Less U.S. Treasury securities issued in connection with prepayments for military purchases in the United States
Plus financing of military sales contracts by U S Governments (line A39)
By long-term credits
By short-term credits1
By grants1
Less transfers of goods and services (including transfers financed by grants for military purchases, and by credits)' 2 (table 1, line 5)
Associated with U.S. Government grants and transactions increasing Government assets (including changes in retained accounts)7
(line A45)
Associated with other liabilities
Sales of nuclear material by Department of Energy/U S Enrichment Corporation
Sales of space launch and other services by National Aeronautics and Space Administration
Other sales and miscellaneous operations

See footnotes on page 74.




2,581

3,803

818
727
527
48

992
874
648
24

478
493
20

1,191

407

0

0

13,705
5,655
3,203
2,644

264
2,380
1,858

20
42

1
2

624
142

3,354
1,262
1,007

3,067

757
67

716
34

922
958
295

683
164
135

690
282
47

683
157
111

663
40
126

0

0
1

878
1,245

3,599
1,564

n

0

40
1

12

6,946

1,438

1,576

1,344

2,588

i"o2i

1,465

i"i'54

9,560
4,862

1,554
1,359

1,887
1,701

1,026

5,093

31
370
208
1,089

3
186

955
178
253
372
16
136

4,697

52
574
252
473
8
196

720
720
25
380
266
49

1,263
1,255

366

848
106
475
233
26
8
178

1,328
1,328

4,138

-3,255
-3,248

-1,485
-1,482

-1,099
-1,099

-760
-758

89
91

-644
-640

-781
-771

-620
-613

10,442

1,730

3,936

2,111

1,672
1,066
1,604

155

174
715
384
48
8

n

123
586
498
48

n8

1,917

2,860

2,178

2,445

748

289

84

278

97

174

73

296

-748
2,643

-791
527

-981
648

171
776

852
693

-241
757

-106
716

958

264

48

24

182

9

67

34

295

2,380
16 334

478

624
4,561

594
3,944

683
3,589

690
3,574

683
3,699

663
3,720

4,240

0

-6

-3

0

n1

-n
2

-n
2

-n
5

-10

7
1

-3

-2
2

-1
-1

-1
-1

-5

-3
-7

0

-5

-2

January 2001

SURVEY OF CURRENT BUSINESS

63

Table 5—Direct Investment: Income, Capital, Royalties and License Fees, and Other Private Services
[Millions of dollars]
Not seasonally adjusted
(Credits +; debits -)

1999

Seasonally adjusted
2000

2000

1999
III"

U.S. direct investment abroad:
Income with current-cost adjustment, before deduction of withholding taxes (table 1
line 14)
Earnings
Distributed earnings
Reinvested earnings
Interest1
U.S. parents' receipts
U.S. parents' payments
Less: Current-cost adjustment
Less: Withholding taxes
Equals: Income without current-cost adjustment, after deduction of withholding
taxes2
Petroleum
Manufacturing
Other
Capital with current-cost adjustment (table 1, line 51)
Equity capital
Increases in equity capital3
Decreases in equity capital4
Reinvested earnings
Intercompany debt
U.S. parents' receivables
U.S. parents' payables
Less: Current-cost adjustment (line 8 with sign reversed)
Equals: Capital without current-cost adjustment2
Equity capital (line 15)
Petroleum
Manufacturing
Other
Reinvested earnings without current-cost adjustment (line 18 less line 22)
Petroleum
Manufacturing
Other
Intercompany debt (line 19)
Petroleum
Manufacturing
Other
Royalties and license fees, before deduction of withholding taxes, net
U.S. parents' receipts (table 1, part of line 9)
U.S. parents' payments (table 1, part of line 26)
Other private services, before deduction of withholding taxes, net
U.S. parents' receipts (table 1, part of line 10)
U.S. parents' payments (table 1, part of line 27)

118,802
115,132
45,492
69,640
3,670
6,527
-2,856

27,284
26,370
10,809
15,561
914
1,567
-652

28,350
8,830
19,520
878
1,550
-672

31,246
30,296
10,348
19,948
950
1,660
-710

31,044
30,116
15,505
14,611
928
1,750
-822

33,897
8,139
25,758
836
1,625
-788

38,252
37,304
10,320
26,984
948
1,766
-818

12,390
1,411

3,030
351

3,068
280

3,116
324

3,176
456

3,247
303

3,329
319

9,821
26,278
967
1,825
-859
3,422
271

23,903 25,880 27,806 27,41
31,184
3,394
2,127
1,824
2,868
4,046
8,068
8,455
8,710
7,239
9,591
14,840 15,298 16,228 15,950 17,546
^14,184 -34,864 -44,900 -26,953 -45,788
-15,470 -8,580 -21,452 -6,591 -9,403
-18,667 -20,294 -24,956 -16,816 -12,506
3,197 11,714
3,504 10,225
3,103
-15,561 -19,520 -19,948 -14,611 -25,758
-13,153 -6,763 -3,500 -5,751 -10,627
-11,652 -9,333 -8,152 -8,888 -12,937
3,137
4,652
2,310
-1,501
2,570
-3,030 -3,068 -3,116 -3,176 -3,247

34,604
4,338
10,134
20,133

33,373
4,779
9,260
19,333

-39,985
-13,812
-18,867
5,054
-26,984
811
-857
1,669

-37,561
-11,805
-19,063
7,258
-26,278
522
-52
574

105,001
10,213
32,472
62,316
-150,901
-52,093
-80,733
28,640
-69,640
-29,167
-38,025
8,858
-12,390
-138,511
-52,093
-5,395
-14,323
-32,376
-57,250
-4,513
-14,099
-38,637
-29,167
1,015
-7,101
-23,083
22,444
24,576
-2,134
6,683
18,111
-11,427

-41,154 -31,796 -41,784 -23,777 -42,541
-15,470 -8,580 -21,452 -6,591 -9,403
-552
-433 -2,992
-1,249
-721
-2,621 -4,895 -4,266 -2,541 ^ , 9 7 2
-11,599 -2,965 -16,754 -1,058 -3,879
-12,531 -16,452 -16,832 -11,435 -22,511
-502
-876 -1,710 -1,425 -3,176
-3,565 -5,273 -4,109 -1,152 -6,255
-8,464 -10,302 -11,013 -8,858 -13,080
-13,153 -6,763 -3,500 -5,751 -10,627
1,496 -1,594
-28
-1,845
1,392
2,955 -3,332
-2,833
-6,445
-778
-639 -10,203 -5,701
^,863
-7,378
6,092
5,464
5,441
5,327
5,447
6,681
5,999
5,941
5,948
5,955
-621
-590
-536
-500
-508
1,492
1,649
1,620
1,922
1,603
4,309
4,980
4,423
4,399
4,421
-2,477 -2,817 -2,803 -3,330 -2,818

-3,329
-36,656
-13,81;
-2,569
-4,274
-6,969
-23,655
-3,200
-6,578
-13,877
811
5,119
-475
-3,833
5,467
6,096
-629

37,066

26,946
26,031
13,542
12,489
915
1,567
-652

28,804
27,926
10,311
17,615
878
1,550
-672

31,361
30,411
11,811
18,600
950
1,660
-710

31,691
30,763
9,825
20,938
928
1,750
-822

34,116
33,280
10,347
22,933
836
1,625

37,898
36,950
12,464
24,486
948
1,766
-818

37,340
36,373
11,568
24,805
967
1,825

3,030
428

3,068
32!

3,116
346

3,176
311

3,247
367

3,329
378

3,422
296

23,487
1,585
7,062
14,840

25,411
2,147
7,966
15,298

27,899
2,957
8,714
16,228

28,204
3,524
8,730
15,950

30,501
3,600
9,355
17,546

34,191
4,478
9,580
20,133
-37,487
-13,812
-18,867
5,054
-24,486
811
-857
1,669

33,621
5,010
9,278
19,333
-36,088
-11,805
-19,063
7,258
-24,805
522
-52
574

-3,329

-3,422

-41,112 -32,958 ^3,552 -33,280 -42,963
-15,470 -8,580 -21,452 -6,591 -9,403
-18,667 -20,294 -24,956 -16,816 -12,506
3,103
3,504 10,225
3,197 11,714
-12,489 -17,615 -18,600 -20,938 -22,933
-13,153 -6,763 -3,500 -5,751 -10,627
-11,652 -9,333 -8,152 -8,888 -12,937
2,310
3,137
4,652
-1,501
2,570
-3,422 -3,030 -3,068 -3,116 -3,176 -3,247
-38,082 -29,890 -40,436 -30,104 -39,716
-15,470 -8,580 -21,452 -6,591 -9,403
-552
-1,249
-433 -2,992
-721
-2,621 -4,895 -4,266 -2,541 ^,972
-11,599 -2,965 -16,754 -1,058 -3,879
-9,459 -14,547 -15,484 -17,762 -19,686
-185
-797 -1,461 -2,070 -2,685
-2,373 ^ , 0 3 6 -3,768 -3,924 -5,172
-6,901 -9,714 -10,255 -11,768 -11,829
-13,153 -6,763 -3,500 -5,751 -10,627
1,496 -1,594
-28
-1,845
1,392
2,955 -3,332
-6,445
-778 -2,833
-4,863 -7,378
-639 -10,203 -5,701
5,627
5,606
5,265
5,511
5,648
5,561
6,127
6,132
6,238
5,923
6,097
6,114
-621
-590
-500
-658
-536
-508

-34,139
-11,805
-697
-1,807
-9,301
-22,856
-3,670
-4,993
-14,194
522
-622
811
334

1,719
4,415
-2,696

1,751
4,512

1,484
4,336
-2,852

1,696
4,569
-2,873

1,752
4,693
-2,941

1,399
4,534
-3,135

-34,158 -32,666
-13,812 -11,805
-697
-2,569
-4,274 -1,807
-9,301
-21,157 -21,383
-3,232 -3,581
-5,277 -4,730
-12,648 -13,072
811
522
5,119
-622
-475
811
334
-3,833
5,622
6,251
-629

5,361
6,019
-658

1,869
4,687

1,802
4,561
-2,759

Foreign direct investment in the United States:
Income with current-cost adjustment, before deduction of withholding taxes (table 1,
line 31)
Earnings
Distributed earnings
Reinvested earnings
Interest1
U.S. affiliates' payments
U.S. affiliates' receipts
Less: Current-cost adjustment
Less: Withholding taxes

-56,098 -10,593 -14,790 -15,607 -15,108 -16,723
-15,686
-40,543 -7,351 -11,088 -11,512 -10,592 -12,359 -14,764 -10,935
-17,390 -3,347 -5,585 -3,615 -4,843 -5,213
-4,220
-23,155 -4,004 -5,504 -7,897 -5,750 -7,146
-6,715
-15,555 -3,242 -3,702 ^,095 -4,516 -4,363 -4,756 -4,750
-4,124 -4,525 -5,021 -5,076 -5,389 -5,344
-17,316
1,764
431
593
712
-4,364
-730

Equals: Income without current-cost adjustment, after deduction of withholding
taxes2
Petroleum
Manufacturing
Other
Capital with current-cost adjustment (table 1, line 64)
Equity capital
Increases in equity capital3
Decreases in equity capital4
Reinvested earnings
Intercompany debt
U.S. affiliates' payables
U.S. affiliates' receivables
Less: Current-cost adjustment (line 49 with sign reversed)

-51,004
-5,114
-27,569
-18,320
275,533
212,140
235,284
-23,145
23,155
40,239
49,333
-9,093
4,364

Equals: Capital without current-cost adjustment2
Equity capital (line 56)
Petroleum
Manufacturing
Other
Reinvested earnings without current-cost adjustment (line 59 less line 63)
Petroleum
Manufacturing
Other
Intercompany debt (line 60)
Petroleum
Manufacturing
Other

271,169
212,140
1,574
40,280
170,286
18,791
3,217
12,219
3,354
40,239
768
20,111
19,361

Royalties and license fees, before deduction of withholding taxes, net
U.S. affiliates' payments (table 1, part of line 26)
U.S. affiliates' receipts (table 1, part of line 9)
Other private services, before deduction of withholding taxes, net
U.S. affiliates' payments (table 1, part of line 27)
U.S. affiliates' receipts (table 1, part of line 10)
See footnotes on page 74.




-6,344
-8,074
1,731
-177
-11,010
10,832

-138

-231

-1,115
-255

-1,138

-1,169
-195

-9,342 -13,503 -14,380 -13,779 -15,353 -18,000 -14,322
-1,403 -2,310
-2,557 -3,944 -4,187
-6,892
-7,581 -8,317 -4,947
-5,178
-5,215 -5,740 -5,187
56,277
49,061 101,106 65,700
33,724
133,444
27,510 73,601 49,276
6,286
76,578 50,133
14,271 137,250 35,380 48,383
-2,977
-7,984 -3,806 -1,657
-857
7,897
5,504
8,159
5,750
4,004
7,146
6,715
5,655 14,656
3,390 14,405 19,347
16,538
9,708
8,575 14,621
7,417 20,332 24,599 12,340
18,720
35 ^1,027
-2,182
-5,252 -2,632
1,138
1,089
1,091
1,169
99,968
55,188
46,727 47,946
25,737
64,531
33,724 38,686 27,510 73,601 49,276
6,286
31,117
326
632
580
754
13,038
9,515
8,802
7,286
13,111
29,447
23,883
29,252 19,644
5,885 111,266
35,411
7,021
6,808
4,652
2,913
6,031
5,546
3,132
1,880
-437
826
2,083
2,735
3,946
3,097
3,052
3,394
2,676
3,167
1,281
-57
1,831
298
794
431
1,530
781
19,347
3,390 14,405
5,655 14,656
16,538
9,708
1,150
38
-187
1,140
-223
470
555
6,405 -1,668
1,181
14,193
9,257 13,576 10,137
2,568
5,245
8,213
3,335
-899
4,593
-1,341 -1,466 -1,461 -2,076 -1,617
-1,700
-2,222
-1,802 -1,888 -1,903 -2,481 -2,078
406
442
422
522
461
461
-167
-312
429
-62
-200
294
-3,061
-2,813
-2,913
-3,059
-3,148
-2,396
3,342
2,997
2,948
2,690, 2,501

-14,106
-7,674

-3,242
-3,646
405
-1,091
-150

-260

-15,782
-15,416 -17,048
-11,565 -10,900 -12,685 -14,127 -11,032
-5,083
-4,382 -3,586 -5,638
-7,183 -7,314 -7,047
-5,949
-4,095 -4,516 -4,363 -4,756 -^,750
-4,525
-5,076 -5,389 -5,344
431
712
593
633
-1,089
-164

-14,408
-9,675
97 -1,403 -2,310
-6,101 -6,488 -6,920
-5,178
-3,671
26,779 143,802 55,563
33,724
6,286
35,380
14,271
-1,657
-7,984
7,183
4,703
3,955
5,655 14,656
16,538
8,575 14,621
18,720
-2,182
25,688
382
5,885
2,864
-437
3,316
-15
16,538
-223
14,193

528
338
-2,501

596
21,581
111,266
3,617
948
1,612
1,057
5,655
1,140
1,181
3,335
-1,448
-1,962
514
-250
-2,851
2,601

54,474
33,724
326
9,515
23,883
6,094
1,880
2,841
1,373
14,656
38
6,405
8,213
-1,551
-1,994
443
-246
-2,804
2,558

-156

-1,498
-8,060
^,604
49,390
38,686
48,383
7,314
3,390
7,417
-4,027
1,098
48,292
38,686
632
8,802
29,252
6,216
826
4,449
941
3,390
-187
-1,668
5,245

-1,115
-249

-1,138
-507

-1,169
-242

-15,685 -17,239 -14,371
-2,557 -3,944 -4,187
-7,913 -7,555 ^,997
-5,215 -5,740 -5,187
48,962 100,323 64,933
27,510
49,276
32,669
50,133
-5,159
-857
7,047
5,949
14,405
9,708
20,332 24,599 12,340
-5,928 -5,252 -2,632
1,115
1,169
99,185 63,764
27,510 73,601 49,276
754
580 31,117
7,286 13,038 13,111
19,644 29,447 35,411
6,237
5,932
4,780
3,132
2,083
2,735
2,889
3,298
1,016
1,029
216
551
9,708
14,405 19,347
1,150
470
555
9,257 13,576 10,137
4,621
4,593
-899

-2,010
-2,256
246

-1,598
-2,140
542

-1,589
-2,187
598

-1,786
-2,323
537

-20
-2,854
2,834

484
-3,041
3,525

-122
-3,183
3,061

-146
-3,125
2,979

64

January 2001

SURVEY OF CURRENT BUSINESS

Table 6.—Securities Transactions
[Millions of dollars]
Not seasonally adjusted
(Credits +; debits -)

I
Foreign securities, net U.S. purchases (-), (table 1,line 52 or lines 2 + 13 below)
Stocks, net U.S. purchases
New issues in the United States
Of which Western Europe
Canada
Latin America
Transactions in outstanding stocks, net
Western Europe
Of which United Kingdom
Canada ..
Japan ....
Other

III

-128,594

1,107

-71,131

-41,420

-17,150

-27,236

-38,196

-30,428

-114,401

4,951

-71,091

-30,430

-17,831

-15,817

-45,034

-12,503

-8,770

-1,121
(D)

-3,047
(D)
-1,361
(D)

-2,614
(D)
-1,496
(D)

-1,988
-665

-8,075
-2,645

-3,544
-279
-186

-105,631
-43,688
-45,258
-2,456
-46,059
-13,428

6,072
15,630
12,994
^6
-8,722
-790

-68,044
-59,414
-56,822
1,280
-8,583
-1,327

-27,816
-2,961
-188
-3,355
-8,913

-15,843
3,057
-1,242
-335
-19,841
1,276

-13,923
-571
-2,130
-3,144
-1,422
-8,786

-14,193

-3,844

-40

-34,775

-7,791

-14,208

-11,605
-1,450
-21,720

-3,790
-225
-3,776

^,843
-1,175
-8,190

D

-880

-i"477""
-36,959
-27,632
-22,761
-4,489
12,214
-17,052

-8,959
-10,245
-5,805
-2,875
5,923
-1,762

-12,587
Bonds, net U.S. purchases

681

-11,419

6,838

-17,925

-3,103

-11,187

-7,811

-22,739

-1,822
-50
-1,231

-6,500
-350
-4,337

-2,400

-6,649
-1,000
-15,090

-10,990
New issues in the United States

-9,673
Central governments and their agencies and corporations
Other governments and their agencies and corporations '
Private corporations
International financial institutions2
By area:
Western Europe
Canada ..
Japan ....
Latin America
Other countries
International financial institutions2
Redemptions of U.S.-held foreign bonds3
Western Europe
Canada ..
Other countries
International financial institutions 2

-8,797
-4,794
-50
-12,834
-8,300

-1,825
-50
-3,460
-2,456

-1,150
^523"

-231

-3,797
-724

-5,000
-1,545

-700

-6,760
-2,927

-550
-2,578

-2,064
-339

-872
-385
-2,000
-6,070

-3,425
-615

-11,788
-1,377

-2,431
-1,340

-8,648
-926

4,705
4,275
8,086
1,403

1,123
1,542

2,352
1,237
572
543

6,573
1,234
1,785
3,083
471

6,081
1,436
795
2,918
932

2,364
433
1,008

5,626
491
3,886
853

5,951
1,855
750
2,661
685

2,113
-3,629
-2,452
328
2,222
3,192

484
1,890
1,250
-257
-1,718
569

11,816
9,356
10,358
334
3,206
-1,080

-7,890
-9,025
-9,071
-37
-788
1,960

-2,297
-5,850
-4,989
288
1,522
1,743

-2,596
-8,719
-9,377
-531
1,825
4,829

9,023
-648
-942
-2,033
1,515
10,189

-1,137
-12,190
-13,866
3,857
1,517
5,679

331,523

62,815

95,620

92,250

132,416

87,107

118,882

98,709

9,767

29,887

24,704

34,351

61,194

26,333

46,792

91,276
12,930
4,659
39,973
-1,875
5,127
4,181

18,306
2,348
2,078
7,073
1,171
-2,899
-6,811

19,337
3,798
3,105
4,658
-825
2,059
9,316

22,308

17,492
-806
3,451
-249

31,325
5,796
461
10,750
-1,415
2,516
1,925

57,936
15,528
6,750
13,461
1,714
-5,346
6,890

34,032
9,286
2,266
8,883
736
-1,073
-7,362

37,985
3,638
3,546
18,064
55
3,538
5,214

Corporate and other bonds, net foreign purchases

232,814

53,048

50,951

70,916

57,899

71,222

60,774

72,090

By type:
New issues sold abroad by U.S. corporations
U.S. federally sponsored agency bonds, net
Other outstanding bonds, net

41,843
73,738
117,233

25,617

7,823
17,044
26,084

18,298
21,161
31,457

6,390
17,434
34,075

13,560
26,577
31,085

17,759
18,997
24,018

23,788
28,588
19,714

By area
Western Europe
Of which Germany
Switzerland
United Kingdom
Canada
Japan
Other countries
International financial institutions2

134,787
6,394
4,159
106,720
4,476
17,564
75,551
436

31,169
1,846
1,088
23,549
1,082
1,318
19,656
-177

31,429
1,389
471
25,286
533
1,527
17,465
-3

41,897
2,359
1,442
32,024
1,067
8,900
18,503
549

30,292
800
1,158
25,861
1,794
5,819
19,927
67

44,628
191
760
40,075
3,370
4,303
19,032
-111

33,080
1,223
565
27,013
2,149
8,033
17,508
4

41,592
839
1,061
35,009
3,096
10,935
16,282
185

-9,861
20,350
1,543
-643
-767

-7,081
5,993
-310
415
-9,085

-3,076
5,792
-678
161
4,657

-1,093
1,835
1,590
-1,405
13,899

1,389
6,730
941
186
-10,238

7,971
8,107
423

3,586
10,334
491
413
-14,152

-6,816
14,272
422
213
-7,987

Other transactions in outstanding bonds, net *
Western Europe
Of which United Kingdom
Canada .
Japan ...
Other ....
U.S. securities, excluding Treasury securities and transactions of foreign official agencies, net
foreign purchases (+), (table 1, line 66 or lines 2 + 10 below)
Stocks, net foreign purchases
By area:
Western Europe
Of which Germany
Switzerland
United Kingdom
Canada
Japan
Other.

3,463

Memoranda*.
Other foreign transactions in marketable, long-term U.S. securities included elsewhere in international
transactions accounts:
Foreign official assets in the United States (lines in table 9):
U.S. Treasury marketable bonds (line A4)
Other U.S. Government securities (line A6)
U.S. corporate and other bonds (part of line A14)
U.S. stocks (part of line A14)
Other foreign transactions in U.S. Treasury bonds and notes (table 9, line B4)
See footnotes on page 74.




65

January 2001

SURVEY OF CURRENT BUSINESS

Table 7.—Claims on and Liabilities to Unaffiliated Foreigners Reported by U.S. Nonbanking Concerns
[Millions of dollars]
Not seasonally adjusted
Line

(Credits +; increase in U.S. liabilities or decrease in U.S. assets.
Debits -; decrease in U.S. liabilities or increase in U.S. assets.)

I
A1

Amounts
outstanding Sept.
30, 2000

2000

1999

1999

II

III

IV

1

II'

III 1

-14 223

-25,734

-27,943

-24 428

-52 563

-36 507

931

720 947

-87,134
-71,604
-15530

-14,590
-7,663
-6927

-24,647
-22,559
-2 088

-26,183
-23,011
-3 172

-21,714
-18,371
-3343

-52,983
-46,144
-6 839

-36,595
-37,959
1 364

931
931

684,540
591,959
92581

By type: Deposits2 ....
Financial intermediaries' accounts
Other claims2 ^

-68,362
-14,406
-4,366

-15,048
802
-344

-19,821
-4,311
-515

-17,365
-7,685
-1,133

-16,128
-3,212
-2,374

-39,877
-12,622
^84

-31,725
-3,911
-959

8
9
10
11
12

By area: Industrial countries4
Of which United Kingdom
Canada
Caribbean banking centerss
Other

-58,628
-31,046
-4,238
-26,149
-2,357

-24,918
-17,695
-2,918
11,006
-678

-11,994
-13,613
805
-12,339
-314

-5,312
6,861
-235
-19,307
-1,564

-16,404
-6,599
-1,890
-5,509
199

-23,974
-27,264
1,288
-27,299
-1,710

-21,763
-8,815
155
-13,585
-1,247

13
14
15

Commercial claims
Denominated in U.S dollars
Denominated in foreign currencies

-5,194
-4,616
-578

367
107
260

-1,087
-1,099
12

-1,760
-926
-834

-2,714
-2,698
-16

420
1,451
-1 031

88
-1,277
1 365

36,407
34,534
1 873

-5,393
199

478
-111

-1,067
-20

-1,606
-154

-3,198
484

1,227
-807

206
-118

31,262
5,145

-3,973
-539
-682

47
22
298

-139
-362
-586

-1,444
-68
-248

-2,437
-131
-146

340
151
-71

316
111
-339

792

CM CO -^

-92 328

5
6
7

16
17
18
19
20

Claims total (table 1 line 53)
Financial claims
Denominated in U.S dollars
Denominated in foreign currencies

By type: Trade receivables
Advance payments and other claims
4

By area: Industrial countries
Members of OPEC6
Other

B1 Liabilities, total (table 1, line 68)
2
3
4
5
6

Financial liabilities
Denominated in U.S dollars
Denominated in foreign currencies
By type: Financial intermediaries' accounts
Other liabilities

34,298

27,928

13,663

-8,085

38,975
47,488
-8,513

31,079
27,063
4,016

13,814
22,511
-8,697

-8,023
-9,295
1,272

42,600
-3,625

17,909
13,170

15,441
-1,627

5,197
-4,266

546,928
125,981
11,631
371,940
219,284
9,163
296,805
15,795

5J97"
-4,266

'

22,082
2,193
12,132

58,061

24,038

2,633

573,234

2,105
7,209
-5,104

58,555
53,629
4,926

22,262
17,314
4,948

2,633
2,633

546,768
515,131
31,631

3,462
-11,485

5,788
-3,683

36,250
22,305

-6,317
28,579

6,306
-3,673

219,589
327,179

2,598
-12,368
16,523
3,141

6,306
-3,673

351,205
218,457
174,557
21,006

7
8
9
10

By area: Industrial countries4
Of which United Kingdom
Caribbean banking centers ^
Other

54,682
38,868
-17,681
1,974

26,176
23,021
3,398
1,505

24,003
13,299
-12,435
2,246

-4,382
-4,697
-2,363
-1,278

8,885
7,245
-6,281
^99

59,770
44,633
-3,492
2,277

11
12
13

Commercial liabilities
Denominated in U.S dollars
Denominated in foreign currencies

-4,677
-4,977
300

-3,151
-3,533
382

-151
-203
52

-62
-102
40

-1,313
-1,139
-174

-494
-69/
197

1,776
1,924
-148

26,466
25,061
1,405

14
15

By type: Trade payables
Advance receipts and other liabilities

1,886
-6,563

-979
-2,172

936
-1,087

1,716
-1 778

213
-1 526

-458
-36

1,363
413

13,764
12 702

16
17
18

By area: Industrial countries4
Members of OPEC6
Other

-4,013
-162
-502

-2,713
-478
40

382
-240
-293

-822
695
65

-860
-139
-314

-882
-328
716

296
1,301
179

13,565
4,384
8,517

See footnotes on page 74.




66

January 2001

SURVEY OF CURRENT BUSINESS
Table 8.—Claims on Foreigners Reported by U.S. Banks
[Millions of dollars]
Not seasonally adjusted

(Credits +; decrease in U.S. assets. Debits - ; increase in U.S. assets.)

Line

1999

1999

2000

Amounts
outstanding Sept.
30,2000

I

II

III

IV

I

IK

III''

1 Total (table 1 line 54)

-69,862

28,487

-41,786

-11,259

-45,304

-55,511

18,320

-11,383

1,164,098

By type:
Banks' own claims

^45,800

34,518

-29,125

-16,486

-34,707

-16,047

-12,028

-22,050

908,729

-42,247

40,271

-39,990

-8,191

-34,337

-18,513

-12,008

-22,476

848,374

-27,322
4,976
-11,671
-8,230

32,666
12,237
-11,211
6,579

-20,826
-10,092
-2,596
-6,476

54

-39,216

2,049
2,347
-12,641

-211
4,308

-23,821
5,197
-946
1,057

-1,044
3,119
-5,425
-8,658

-26,614
1,214
1,072
1,852

579,876
91,697
40,389
136,412

11,709
-9,211
1,778

26,433
-2,345
4,415

9,355

-11,011
-9,833
-2,710

13,634
11,372
-1,287

-15,897
-3,522
4,419

-4,392

172,955
27,661
30,307

-39,031
15,624
-6,767

6,233
10,062
-5,302

-30,181
-5,024
-915

13,122
1,661

-28,205
8,925
-1,082

-37,455
-5,204
1,744

14,853
7,010
-4,045

-22,222

532

-1,437
-14,912

4,520
-3,745

-5,974
-8,092

-1,673
-10,964

1,690
7,889

-971
-346

-369
-14,457

2
3

4
5
6
7

8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

Payable in dollars
By borrower:
Claims on:
own foreign offices ..
unaffiliated foreign banks
foreign public borrowers'
other private foreigners
By type of reporting institution 2
U.S.-owned banks' claims on
own foreign offices
.
unaffiliated foreign banks
other foreigners
Foreign-owned banks' claims on
own foreign offices
unaffiliated foreign banks
other foreigners
U.S. brokers' and dealers' claims on
unaffiliated foreign banks
other foreigners
Payable in foreign currencies
Banks' domestic customers' claims
Payable in dollars
Deposits
Foreign commercial paper1
Other negotiable and readily transferable instruments4
Outstanding collections and other
Payable in foreign currencies

906
-65

-13,068
2,061

138

782

540
-848

251
-174

423
3,946

406,921
45,201
73,907
18,835
72,587

-3,553

-5,753

10,865

-8,295

-370

2,466

-20

426

60,355

-24,062
-29,710
-6,930
-12,572
-11,195

-6,031
-15,710
-13,668
-3,367

-39,464
-38,537
-22,859
-14,415
-1,892

30,348
27,397
22,435

1,025
9,679

5,227
-6,713
7,353
-2,939
-7,347
-3,780
11,940

-10,597
-7,061

987

-12,661
-226
-1,544
5,248
-6,168
2,238
-12,435

10,667
10,988
18,715
-9,355
-1,614
3,242
-321

255,369
236,246
87,340
115,978
21,093
11,835
19,123

-2,482
-9,566
-2,201
1,158

-686
-152
-1,113

-2,366
-7,321
-3,704
7,128
-2,539

5,762

-2,114

20,956
31,056
-8,102
-2,117
-5,389
-2,594

5,648

300

929
-11,514
2,020
1,504
-3,536

629
-927

875
7,161
-3,074
2,951

24
25
26
27
28
29

By area:
Industnal countriess
Western Europe
Of which United Kingdom
Canada
Japan
Other

-63,433
-105,283
-36,433
19,126
20,917
1,807

9,168
-6,063
6,185
9,256
5,816

159

-57,451
-78,937
-40,742
9,398
15,089
-3,001

366

678,147
561,652
234,608
60,921
39,871
15,703

30

Caribbean banking centers6

-20,423

11,407

11,186

-9,588

-33,428

30,572

338

-5,175

333,337

31
32
33
34
35
36

Other areas
Of which Members of OPEC, included below7
Latin America
Asia
Africa
Other8

13,994
5,587
6,197
6,990

7,912
6,419
4,205
5,643

4,479
3,864
1,161
1,059

811

792

-1,557
2,783
-3,189

-3,139
-1,952
3,477

5,958
2,782
3,828

-3,842
1,268
-4,322
1,669
-469
-720

152,614
17,984
88,129
54,409
2,299
7,777

164

-12,668
-10,717

325

-92,041
-84,353
-13,589
-6,221

647

942

402

182

30

328

684
118

-135

-2,338

2,077

1,187

-1,061

1,328

-2,974
-697
1,080
-3,355
-150
-549

-26,321

18,188

-7,122

-25,462

-11,925

-30,449

14,577

-17,673

277,266

-34,334
5,505

10,721
7,453

-8,683

-37,852
6,889

114
905

78
436

10,697
3,879
-398

-20,387

298

-25,319
-401
-355

-11,053
-1,891

336

203,018
37,496
5,713
31,039

-2,132
-9,793

8,808
-39,257

-52

206

Memoranda:

1 International banking facilities' (IBF's) own claims, payable in dollars (lines 1-13 above)
2
3
4
5
6
7
8

By borrower:
Claims on:
own foreign offices
unaffiliated foreign banks
foreign public borrowers
all other foreigners
By bank ownership 2
U.S.-owned IBF's
Foreign-owned IBF's
Banks' dollar acceptances payable by foreigners

See footnotes on page 74.




2,172

-284

344
279
938

-10,682
-15,639
-152

3,559
14,629

^1,594
-2,528

34

30

613
-7,515
-17,947
-164

316
796

399

1,602

-6,155
20,732
-618

5,437
-23,110

255

71,735
205,531
4,827

January 2001

SURVEY OF CURRENT BUSINESS

•

67

Table 9.—Foreign Official Assets and Other Foreign Assets in the United States Reported by U.S. Banks
[Millions of dollars]
Not seasonally adjusted
Line

(Credits +; increase in foreign assets. Debits -; decrease in foreign assets.)

2
3
4
5
6
7
8
9
10
11
12
13
14

By type:
U.S. Treasury securities (table 1, line 58)
Bills and certificates
Bonds and notes, marketable
Bonds and notes, nonmarketable
Other U.S. Government securities (table 1, line 59)
Other U.S. Government liabilities (table 1, line 60)
U.S. liabilities reported by U.S. banks, not included elsewhere (table 1, line 61)
Banks' liabilities for own account, payable in dollars'
Demand deposits
Time deposits1 2
Other liabilities
Banks' custody liabilities, payable in dollars' ^
Other foreign official assets (table 1, line 62)

Amounts
outstanding Sept.
30, 2000

II

III

IV

I

42,864

4,274

-1,096

12,191

27,495

22,015

6,346

11,625

918,290

12,177
22,000
-9,861
38
20,350
-3,255
12,692
17,117
338
-806
17,585
-4,425
900

800
7,764
-7,081
117
5,993
-1,485
-1,139
-3,259
390
-5,966
2,317
2,120
105

-6,708
-3,423
-3,076
-209
5,792
-1,099
1,436
1,448
-441
2,783
-894
-12
-517

12,963
13,939
-1,093
117
1,835
-760
-2,032
-1,665
-20
-1,052
-593
-367
185

5,122
3,720
1,389
13
6,730
89
14,427
20,593
409
3,429
16,755
-6,166
1,127

16,198
8,604
7,971
-377
8,107
-644
-2,577
-10,428
-960
1,175
-10,643
7,851
931

-4,000
-7,591
3,586
5
10,334
-781
-111
1,262
506
3,403
-2,647
-1,373
904

-9,001
-1,692
-6,816
-493
14,272
-620
6,339
6,058
2,322
2,901
835
281
635

586,980
155,498
426,235
5,247
84,476
13,047
142,468
94,507
5,209
36,421
52,877
47,961
91,319

46,939

-21,456

31,744

34,224

2,427

-18,072

26,346

1,339

1,742,948

-20,464

-7,505

-5,407

9,639

-17,191

-9,248

-20,597

-12,642

632,462

-19,697
-767

1,580
-9,085

-10,064
4,657

-4,260
13,899

-6,953
-10,238

649
-9,897

-6,445
-14,152

-4,655
-7,987

19,106
613,356

67,403
70,905
73,735

-13,951
-4,139
-8,423

37,151
43,990
45,717

24,585
17,883
9,740

19,618
13,171
26,701

-8,824
3,019
4,331

46,943
48,887
54,543

13,981
18,322
15,956

1,110,486
1,023,938
945,066

40,339

-29,803

41,637

-8,982

37,487

5,337

24,556

16,061

644,209

13,021
16,227
4,148

965
5,221
15,194

5,850
2,476
-4,246

8,292
1,093
9,337

-2,086
7,437
-16,137

-12,669
2,236
9,427

958
12,383
16,646

-1,105
1,241
-241

26,727
150,508
123,622

40,339
13,002
17,291
3,103

-29,803
2,840
14,769
3,771

41,637
4,817
-2,118
1,381

-8,982
5,979
9,866
2,877

37,487
-634
-5,226
-4,926

5,337
-4,932
697
3,229

24,556
10,461
16,556
2,970

16,061
-805
6,220
-5,520

644,209
130,934
154,520
15,403

50 067
7,763
18,970

-2,628
-6,121
154

24,386
2,457

7,325
2,557
15,625

20,984
10^271
734

7,301
-10^426
-11,888

64,703
-282
-4,758

-2,916
3318
900

314,287
28^307
55,910

-9,728
5,220
7,429

-27,175
6,912
8,476

17,251
-891
3,454

-16,307
5,808
-1,925

16,503
-6,609
-2,576

-1,964
3,315
5,349

-40,147
1O',559
10,129

18,977
-2,037
-2,422

329,922
88,397
62,934

19
-6,005

2,049
9,910

4,652
-6,648

-2,386
-957

-4,296
-8,310

2,179
10,465

184
14,155

-2,586
2,222

14,230
51,079

-2,830

4,284

-1,727

8,143

-13,530

-1,312

-5,656

2,366

78,872

-3,502
-5,323

-9,812
-10,609

-6,839
-8,804

6,702
7,760

6,447
6,330

-11,843
-12,482

-1,944
-1,880

-4,341
-4,423

86,548
72,636

-39,237
-11,462
13,794
-41,569
46,610
39,566
5,506
11,998
24,187
-70
3,451

-25,193
-5,539
709
-20,363
-8,116
11,853
465
4,596
4,052
-180
3,385

-11,616
-4,839
3,558
-10,335
33,940
9,420
351
5,935
911
-138
2,712

15,133
16,131
4,286
-5,284
10,188
8,903
86
2,425
4,893
16
1,569

-17,561
-17,215
5,241
-5,587
10,598
9,390
4,604
-958
14,331
232

-25,938
-6,790
2,346
-21,494
9,520
-1,654
-3,488
1,192
-5,479
433
2,200

-9,238
-14,354
3,439
1,677
32,590
2,994
2,633
-1,264
1,409
-13
2,862

10,281
15,850
-2,682
-2,887
-2,496
-6,446
3,667
-923
-578
166
-5,111

990,048
713,878
52,522
223,648
462,254
290,646
40,684
100,363
155,800
5,202
29,281

-6,613

-23,365

8,364

4,640

3,748

-10,812

8,696

30,501

392,211

^,084
1,148
-6,049
2,372

-21,576
596
-5,196
2,811

7,700
-2,306
1,226
1,744

-337
8,943
-3,582
-384

10,129
-6,085
1,503
-1,799

-20,268
2,638
5,443
1,375

-8,013
11,542
1,327
3,840

28,888
-446
243
1,816

226,782
88,339
39,617
37,473

16,174
-22,787

-1,809
-21,556

2,882
5,482

6,041
-1,401

9,060
-5,312

-11,783
971

8,483
213

-3,690
34,191

71,998
320,213

3,319

-3,991

-466

1,798

5,978

-2,289

-1,485

-580

39,931

I
A1 Foreign official assets in the United States, net (table 1 line 56)

2000

1999

1999

IK

III/'

Dw nraa- /con tovf tohlo H\

dy area, (see lexi laoie u).
B1

Other foreign assets in the United States net (table 1 lines 65 and 69)
By type:
2
U S Treasury securities (line 65)

3
4

By security:
Bills and certificates
Marketable bonds and notes

5
6
7

U.S. liabilities reported by U S banks (line 69)
Banks' own liabilities[
Payable in dollars

9
10
11

By account:
Liabilities to own foreign offices
Liabilities to unaffiliated foreigners
demand deposits
time deposits' 2
other liabilities

12
13
14
15

By holder:
Liabilities to:
own foreign offices
unaffiliated foreign banks
other private foreigners
international financial institutions 4

8

16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37

By type of reporting institution:5
U.S.-owned banks' liabilities to:
own foreign offices
unaffiliated foreign banks
other private foreigners and international financial institutions4
Foreign-owned banks' liabilities to
own foreign offices
unaffiliated foreign banks
other private foreigners and international financial institutions4
U.S. brokers' and dealers' liabilities to
unaffiliated foreign banks
other private foreigners and international financial institutions4
Payable in foreign currencies
Banks' custody liabilities, payable in dollars ' 7
Of which negotiable and readily transferable instruments
By area:
Industrial countries 6
Western Europe
Canada
Other
Caribbean banking centers7
Other areas
Of which Members of OPEC, included below 8
Latin America
Asia
Africa 9
Other

Memoranda:
1 International banking facilities' (IBF's) own liabilities, payable in dollars (in lines A9, and B7 above) ....

2
3
4
5

By holder:
Liabilities to:
own foreign offices
unaffiliated foreign banks
foreign official agencies
other private foreigners and international financial institutions4

6
7

By bank ownership:5
U.S -owned IBF's
Foreign-owned IBF's

8 Negotiable certificates of deposit held for foreigners1 (in lines A13 and B25 above)
See footnotes on page 74.




68

SURVEY OF CURRENT BUSINESS

January 2001

Table 10.-U.S. International
[Millions
European Unio I 1 4

Western Europe
Line

2000

2000

1999

(Credits +; debits - ) '

1999

1999

II

IIr

I

IV

III

III*

III

II

Current account

1 Exports of goods and services and income receipts
Exports of goods and services
2
Goods, balance of payments basis 2
3
4
Services3
Transfers under U.S. military agency sales contracts4
5
fi
Travel
7
Passenger fares
Other transportation .
8
Royalties and license fees 5
9
Other private services5
10
U.S. Government miscellaneous services
11
12
Income receipts
Income
receipts on U.S -owned assets abroad
13
Direct investment receipts
14
Other private receipts
15
U.S. Government receipts
16
Compensation of employees
17
18 Imports of goods and services and income payments
Imports of goods and services
19
20
Goods, balance of payments basis 2
21
Services3
Direct defense expenditures
22
Travel
23
24
Passenger fares
Other transportation
25
Royalties and license fees 5
26
Other private services5
27
U.S. Government miscellaneous services
28
Income payments
29
Income payments on foreign-owned assets in the United States
30
Direct investment payments
31
Other private payments
32
U.S. Government payments
33
Compensation of employees
34
35 Unilateral current transfers, net
U.S. Government grants 4
36
U.S. Government pensions and other transfers
37
Private remittances and other transfers 6
38

379,767

92,230

94,209

100,588

104,910

109,343

109,132

342,301

83,231

84,985

259,788

63,705

63,713

68,675

68,077

70,535

70,624

236,481

58,074

57,827

162,518

40,175

37,735

43,334

43,726

44.452

42,590

148,907

36,851

34,452

97,270
4,479

23,530
1,175

25,978
1,263

25,341

24,351

28,034

23,375

957

981

87,574
2,764

21,223

869

26,083
1,001

734

799

24,397
7,015
8,085

6,003
1,704
1,958

7,260
2,133
2,155

6,308
1,733
2,078

5,470
1,368
2,147

7,061
1,817
2,253

8,460
2,314
2,448

22,369
6,700
7,092

5,528
1,624
1,722

6,660
2,008
1,901

18,757
34,361

4,559
8,090

4,560
8,552

4,954
9,360

4,558
9,811

4,571
9,338

4,480
9,306

17,648
30,851

4,300
7,279

4,293
7,666

176

41

55

39

40

42

45

150

36

48

119,979
119,823
53,136
65,896

28,525
28,486
12,741
15,619

30,496
30,457
13,406
16,829

31,913
31,873
13,313
18,408

36,833
36,795
16,374
20,168

38,808
38,769
16,957
21,665

38,508
38,471
16,473
21,754

105,820
105,676
45,302
59,726

25,157
25,121
10,802
14,209

27,158
27,122
11,705
15,239

791
156

126
39

222
39

152
40

253
38

147
39

244
37

648
144

110
36

178
36

-447,023

-110,444

-116,726

-119,946

-120,768

-130,643

-131,036

-402,925

-100,418

-105,108
-68,278

-293,280

-73,300

-76,169

-78,728

-77,357

-83,340

-85,503

-264,422

-66,661

-214,756

-52,545

-54,390

-59,558

-58,413

-59,737

-60,504

-194,527

-48,041

-49,099

-78,524
-7,789

-20,755
-1,901

-21,779
-2,068

-19,170
-2,024

-18,944
-1,981

-23,603
-1,986

-24,999
-2,080

-69,895
-6,455

-18,620
-1,617

-19,179
-1,642

-20137
-10,683
-11,181

- 6 243
-2,994
-2,680

- 6 456
-3,062
-3,017

- 3 984
-2,347
-2,950

- 3 784
-2,491
-3,028

- 6 875
-3,361
-3,345

- 7 371
-3,560
-3,656

-18 325
-9,577
-9,284

-5 747
-2,673
-2,221

- 5 732
-2,743
-2,521

-7,433
-20,173
-1,128

-1,776
^,888
-273

-1,791
-5,074
-311

-2,113
-5,470
-282

-1,922
-5,455
-283

-1,850
-5,899
-287

-1,899
-6,141
-292

-6,113
-19,179
-962

-1,472
•4,656
-234

-1,438
^,835
-268

-153,743
-153,421
-42,495
-70,217
-40,709
-322

-37,144
-37,067
-10,660
-16,426
-9,981

-40,557
^0,485
-12,015
-18,280
-10,190

-41,218
-41,133
-10,815
-19,857
-10,461

-43,411
-43,325
-11,890
-20,598
-10,837

-47,303
^7,227
-13,815
-22,647
-10,765

^5,533
-45,461
-10,994
-23,818
-10,649

-33,757
-33,694
-9,573
-14,891
-9,230

-36,830
-36,770
-10,823
-16,541
-9,406

-77

-72

-85

-86

-76

-72

-138,503
-138,243
-36,962
-63,702
-37,579
-260

-1,077
-676
-1,381

-131
-119
-330

-299
-234
-338

-392
-142
-384

-395
-166
-351

-251
-134
-341

-372
-132
-355

-63
126
-4

-60
99
-2
-297

318

273

134

122

224

115

-1,187
1,449

-298

980

428

398

96

36

37

14

37

37

37

134

33

34

-276,996

-150,307

-56,412

-35,065

-149,764

-40,716

-67,869

-239,284

-126,777

-43,972

5,477

348

-103

-63

-379

-310

-4,124

-2,257

-159

-66

5,477

103
87

-310

-4124

- 2 257

-159

28
-39
85
-18

244

-308

-275

-196

311
11

590
-71

9
-29
35
3

-66
-15

288
-4

256
-73
295
34

14

-197

-63
150
-40
255
-65

-379

928
-89

348
61
-36
91
6

-282,977
-70,907
-52,588
-54 231
-105 251

150,716
-8,019
-52,685
-11 078
-78 934

-56 396
-27,836
-16,198
-2 796
-9 566

-35,152
-9,803
-2,024
-12 624
-10 701

-149 641
-29,237
-9,730
-26 331
-84 343

-40 434
-19,974
-33,860
-17 651
31 051

-63,759
-23,754
-32,647
- 7 358

-237,271
-58,212
-57,510
-52 723
-68 826

-126,627
-8,074
-55,127
- 9 762
-53 664

-43 891
-25,789
-16,950
- 3 739
2 587

487,998

192,337

111,299

92,231

190,802

136,786

146,995

446,550

167,495

99,213

-15,231

-9,845

-1,055
(17)

86

1,661

2,228
(I7)

-936

252
-10

Capital and financial account
Capital account

39 Capital account transactions, net
Financial account

40 U.S.-owned assets abroad, net (Increase/financial outflow (-))
41
42

U.S. official reserve assets, net
Gold 7
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies

43
44
45
U.S. Government assets, other than official reserve assets, net
46
47
U S credits and other long-term assets
Repayments on U S credits and other long-term assets 8
48
49
U S foreign currency holdings and U S short-term assets net
U S private assets, net
50
Direct investment
51
Foreign securities
52
U S claims on unaffiliated foreigners reported by U S nonbanking concerns
53
U S claims reported by U S banks not included elsewhere
54
55 Foreign-owned assets in the United States, net (increase/financial inflow (+))
Foreign official assets in the United States, net
56
U.S Government securities
57
US Treasury securities9
58
Other 10
.
59
Other US Government liabilities u
..
60
U S liabilities reported by U S banks not included elsewhere
61
Other foreign official assets 12
.
62
Other foreign assets in the United States net
63
Direct investment
64
65
66

U.S.
US
US
US
US

Treasury securities
securities other than U S Treasury securities
currency
liabilities to unaffiliated foreigners reported by U S nonbanking concerns
liabilities reported by U S banks not included elsewhere

67
68
69
70 Statistical discrepancy (sum of above items with sign reversed)
71
72
73
74
75
76

Memoranda:
Balance on goods (lines 3 and 20)
Balance on services (lines 4 and 21)
Balance on goods and services (lines 2 and 19)
Balance on income (lines 12 and 29)
Unilateral current transfers, net (line 35)
Balance on current account (lines 1, 18, and 35 or lines 73, 74, and 75) 1 3

See footnotes on page 74.




504
-335

C177)

M

-1,489
(17)

|l7J
503 229
233 626
(17)

226 061
55107

(17)

C7)

M
M

-611
(17)

202182
130 899
(17)
50 765
25 230

(17)
(17)

-503
(17)
(17)

112 354
36112

(17)

C7)
17

56
(17)
(17)

92145
39 634

(17)

17

17

(17)

17

- 3 884

61 617

17

18

18

(17)

(17)

(17)

H

134 558
80 869

102 565

67112

i17)

147 931
52 990
(17)
79 577

933

(18)

18
(18)

-185

(17)

M
(18\

-209

189 141
34 952

(18\

17

-432

(17)

64 206

(17)

(18)

190
-9

18

18

-530
(18)

-340

-182

(.8)

(18)

jisj

(18)

(18)

(18)

M
(18)

31 870

132 757

228 078
'(18)

(18)

(18)

62 574

47 034

215 821

8 070
( t7 )

58 425

-142 765

-23 721

-32108

-37 402

-24 822

-74 556

-56 887

147 028

-23 690

-35 251

-52,238
18,746
-33,492
-33,764
-1,077
-68,333

-12,370
2,775
-9,595
-8,619
-131
-18,345

-16,655
4,199
-12,456
-10,061
-299
-22,816

-16,224
6,171
-10,053
-9,305
-392
-19,750

-14,687
5,407
-9,280
-6,578
-395
-16,253

-15,285
2,480
-12,805
- 8 495
-251
-21,551

-17 914
3,035
-14 879
- 7 025
-372
-22,276

-45 620
17,679
-27,941
-32,683

-11 190
2,603
-8,587
-8,600

-14 647
4,196
-10,451
-9,672

(17)

(17)

(17)

(17)

(17)

(17)

18

46 451
-43 270

18

23 376
-35 332

18

- 5 230
10 181

252

126

99

-60,372

17,061

-20,024

SURVEY OF CURRENT BUSINESS

69

January 2001

Transactions, by Area
of dollars]
European Union 14
1999

European Union (6) 1 5

United Kingdom

II'

III*

Line

1999

1999
I

IV

2000

1999

2000

1999

2000

II

III

IV

I

II'

III*

II

III

IV

1

III*

89,778

93,199

98,064

98,510

108,060

25,845

27,367

28,644

31,984

33,066

32,697

179,061

43,755

44,282

46,703

46,714

48,950

50,496

1

62,125

60,474

64,040

64,440

64,988

15,877

16,423

16,724

17,178

17,774

17,607

130,427

32,101

31,722

34,421

32,993

34,708

35,936

2

39,122

38,838

40,529

39,256

37,321

9,308

8,972

9,239

10,030

10,097

9,587

87,485

21,601

20,132

23,394

22,753

23,400

23,568

3

23,003
638

21,636
592

23,511
617

25,184
607

27,667
404

6,569
97

7,451
85

7,485
104

7,148
90

7,677
93

8,020
92

42,942
979

10,500
288

11,590
339

11,027
183

10,240
209

11,308
218

12,368
214

4
5

5,765
1,660
1,818

4,922
1,326
1,849

6,478
1,725
1,940

7,761
2,177
2,139

8,398
2,535
1,719

2,016
617
415

2,499
732
464

2,240
684
446

1,979
508
419

2,541
678
460

2,911
791
511

10,197
3,390
3,676

2,561
823
889

3,106
1,048
1,010

2,526
800
944

2,070
663
972

2,790
847
999

3,620
1,136
1,123

6
7
8

4,643
8,447
32

4,261
8,650
36

4,214
8,499
38

4,064
8,395
41

3,518
11,055
38

829
2,587
8

887
2,768
16

929
3,076
6

947
3,198
7

799
3,099
7

798
2,909
8

9,881
14,751
68

2,424
3,502
13

2,346
3,717
24

2,602
3,951
21

2,265
4,037
24

2,279
4,149
26

2,143
4,104
28

9
10
11

27,653
27,616
10,972
16,528
116
37

32,725
32,690
14,247
18,232
211
35

34,024
33,988
14,542
19,313
133
36

34,070
34,036
14,300
19,531
205
34

43,072
43,004
14,464
28,519
21
68

9,968
9,951
3,135
6,816

10,944
10,927
3,521
7,406

14,806
14,789
6,141
8,648

15,292
15,274
6,300
8,974

15,090
15,073
5,786
9,287

17

17

11,920
11,902
4,072
7,809
21
18

17

18

17

48,634
48,574
24,972
23,164
438
60

11,654
11,639
6,058
5,488
93
15

12,560
12,545
6,701
5,742
102
15

12,282
12,267
5,721
6,467
79
15

13,721
13,707
6,386
7,186
135
14

14,242
14,228
6,358
7,753
117
14

14,560
14,547
6,779
7,636
132
13

12
13
14
15
16
17

-106,800

-108,057

-117,476

-117,195

-142,631

-35,244

-37,586

-38,330

-40,081

-42,513

-43,654

-205,092

-51,408

-53,034

-53,784

-53,725

-57,966

-56,007

18

-69,954

-68,945

-75,317

-76,507

-63,300

-15,891

-16,450

-16,565

-16,866

-17,714

-17,724

-156,078

-39,565

-39,883

-41,176

-40,170

-43,600

^4,424

19

-52,942

-52,155

-54,434

-54,757

-38,789

-9,636

-9,927

-10,450

-10,523

-10,755

-10,558

-121,105

-29,993

-30,377

-32,823

-31,997

-32,910

-33,551

20

-17,012
-1,631

-16,790
-1,585

-20,883
-1,520

-21,750
-1,600

-24,511
-663

-6,255
-182

-6,523
-173

-6,115
-154

-6,343
-158

-6,959
-152

-7,166
-150

-34,973
-5,324

-9,572
-1,332

-9,506
-1,352

-8,353
-1,327

-8,173
-1,298

-10,690
-1,275

-10,873
-1,350

21
22

-3,640
-2,136
-2,458

-3,512
-2,212
-2,474

-6,329
-2,999
-2,757

-6,544
-3,189
-2,986

-5,457
-3,818
-2,507

-1,603
-964
-577

-1,589
-1,037
-696

-1,155
-909
-683

-1,217
-998
-640

-1,766
-1,086
-737

-1,815
-1,208
-782

-9,381
-4,044
-4,445

-3,072
-1,245
-1,083

-2,879
-1,125
-1,189

-1,826
-877
-1,170

-1,758
-873
-1,179

-3,384
-1,401
-1,284

-3,288
-1,323
-1,394

23
24
25

-1,691
-5,216
-240

-1,568
-5,195
-244

-1,501
-5,530
-247

-1,469
-5,710
-252

-1,749
-10,220
-97

-469
-2,440
-20

-373
-2,625
-30

-395
-2,791
-28

-401
-2,910
-19

-334
-2,864
-20

-377
-2,813
-21

-3,281
-7,788
-710

-740
-1,943
-157

-832
-1,938
-191

-879
-2,087
-187

-848
-2,020
-197

-806
-2,341
-199

-830
-2,485
-203

26
27
28

-36,846
-36,779
-9,109
-18,015
-9,655
-67

-39,112
-39,044
-10,429
-18,615
-10,000
-68

^2,159
^2,097
-12,196
-19,901
-10,000
-62

-40,688
-40,629
-9,865
-20,871
-9,893
-59

-79,331
-79,248
-12,355
^5,660
-21,233
-83

-19,353
-19,333
-3,219
-10,928
-5,186
-20

-21,136
-21,116
-3,960
-11,826
-5,330
-20

-21,765
-21,743
-3,433
-12,774
-5,536
-22

-23,215
-23,193
-3,892
-13,587
-5,714
-22

-24,799
-24,778
•^,350
-14,744
-5,684
-21

-25,930
-25,910
-4,898
-15,468
-5,544
-20

-49,014
-48,861
-21,667
-14,944
-12,250
-153

-11,843
-11,805
-5,501
-3,280
-3,024
-38

-13,151
-13,116
-6,076
-3,950
-3,090
-35

-12,608
-12,570
-5,130
^,279
-3,161
-38

-13,555
-13,516
-6,218
-4,040
-3,258
-39

-14,366
-14,331
-6,961
-4,141
-3,229
-35

-11,583
-11,549
-4,041
^,337
-3,171
-34

29
30
31
32
33
34

-55

-44
-1
-304
261

25

385

399

348

290

328

323

-189

10

-42

-138

-49

-31

-101

-308
333

-69
-5
-314
250

1,509

-298
243

-206
1,715

-51
436

-52
451

-52
400

-53
343

-54
382

-51
374

-651
462

-162
172

-163
121

-164
26

-167
118

-169
138

-179
78

35
36
37
38

33

35

34

34

48

12

12

12

13

12

12

62

15

16

15

16

16

16

39

-35,748

-108,889

-68,001

-41,398

-150,080

-115,060

-20,351

-12,999

-63,862

-52,957

-37,134

-83,922

-15,366

-23,033

-25,615

-28,772

-11,204

-5,574

-100

-79

-619

-100

-79

-619

111
-13
169
-45

193
-29
189
33

16
-11
33
-6

55
-171
225
1

-35,813
-2,265
-2,915
-11,955
-18,678

-108,982
-27,579
-9,913
-24,925
-46,565

-67,938
-17,707
-32,727
-17,971
467

90,082

144,178

130,288

I3
42

)
(18)

38,549

11

-6

-47

6

-7

-30

19

-1

2

-13,130
708
-6,531
-7,632
325

-63,873
-11,496
-11,998
-26,790
-13,589

-52,951
-9,409
-27,051
-8,389
-8,102

-37,134
-13,508
-19,922

-83,875
-19,099
-9,885
-20,543
-34,348

-15,372
2,959
-8,067
2,716
-12,980

-23,026
-9,306
-3,722
-10,916
5,918

-25,585
-1,974
3,813
^,953
-22,471

-28,791
-11,830
2,457
4,155
-23,573

-11,203
-4,256
-8,960
-10,631
12,644

-5,576
-6,484
-9,863

62,313

41,697

172,478

58,066

32,268

40,129

38,956

54,086

31,251

55

R
R

66,051
(.8)

60,987

(18)
(18)
(18)
(18)

91,843
(.8)
(18)
(.8)

R
R

(18)
(18)
(18)
(18)

18)
.8)
,8)
18)

18)
18)
18)
18)

B

56
57
58
59
60
61
62

110,643

273,884

117,885

(18)

(18)
(18)
(.8)
(18)

-389

-94

(18)
(18)

(18)
(18)

-238

-11
18\
18)

—
54
(
(18)

(18)

73,219

49,558

116,604

81,251

(18)

(18)

(18)

(18)

65,660

75,148

34,339
93,428

60,019

-4
-20,347
-14,956
-9,876
6,686
-2,201

18)
18)

(18)

18

-2

(18

(18

8

)

?

29,944

146,693

13,180
-6,396

-5,320
7,628

-37,290

-20,422

-42,934

-50,525

-90,790

6,177

-32,154

-13,820
5,991
-7,829
-9,193
-55
-17,077

-13,317
4,846
-8,471
-6,387
-44
-14,902

-13,905
2,628
-11,277
-8,135
25
-19,387

-15,501
3,434
-12,067
-6,618
-69
-18,754

-1,468
3,156
1,688
-36,259
1,509
-33,062

-328
314
-14
-9,385
385
-9,014

-955
928
-27
-10,192
399
-9,820




18

39,012
-28,036

18

18

R

(.8)
(18)
(18)

18

-6

§

6

(18)
(18)

(18)

(18)
(18)
(18)

(18)
(18)
(18)

(18)

8,225

34,680

16,636

102,845

(18)

(18)

(18)

18)
.8)
.8)
18)

( 8)
89
8
)

33

-86

8
)
52,757
8
)
13,426

19

-30

2

10,771

(18)

17

74

-39

-16

18)
18)

18)
18)

18)
18)

18)
18)

(18)

,8)

(18)
(18)
(18)

18,068

16, '42

23,848

35, 331

27,384

(18)

18)

(18)

18)

(18)

(18)

22

46
47
48
49
50
51
52
53
54

43,950
-13,785

-12,842
18
8,315

-9,625

63
64
65
66
67
68
69

-19,372

-20,187

-3,987

-13,231

-62,398

-35,072

^57

-7,310

-3,140

-33,851

-20,081

70

-1,211
1,370
159
-9,845
348
-9,338

-493
805
312
-8,409
290
-7,807

-658
718
60
-9,507
328
-9,119

-971
854
-117
-10,840
323
-10,634

-33,620
7,969
-25,651
-380
-189
-26,220

-8,392
928
-7,464
-189
10
-7,643

-10,245
2,084
-8,161
-591
-42
-8,794

-9,429
2,674
-6,755
-326
-138
-7,219

-9,244
2,067
-7,177
166

-9,510
618
-8,892
-124
-31
-9,047

-9,983
1,495
-8,488
2,977
-101
-5,612

71
72
73
74
75
76

18,789
(.8)
36,611

10,568
(.8)
49,517

-14,223
18
5,643 "18-14,b09

18

12

-99

-80
(18)
(.8)
(.8)

43,798
-27,149

7,039
-15,567

-1

-115,058
-10,630
-49,987
-13,699
-40,742

-150,201
-29,824
-51,843
-32,101
-36,433

3

-7

136
_5

-40,834
-21,851
-26,045

(

-47

131

(J8

'•»)

11

-4

-2

121
136
-15

8

40
41
42
43
44
45

8,124
-21,728

35,986
18

53,073
18

-8,636

55,477
18

6,006
8,117

18

9,097
-17,125

10,268
18

-851
4,900

18, )37
18

-501
4,777

24, 791

31,727
18

524
-17,104

-7,060

18

-1,729
-4,291

13,470
18

70

SURVEY OF CURRENT BUSINESS

January 2001

Table 10.-U.S. International
[Millions
Eastern Europe
(Credits +; debits - ) l

Line

Canada
1999

2000

1999
1999

1999

II

III

IV

I

II'

II

\\\P

Ill

Current account

1 Exports of goods and services and income receipts
2
3
4
5
fi
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
?3
?4
25
26
27
28
29
30
31
32
33
34
35
36
37
38

12,182

2,833

3,398

3,220

3,606

3,620

3,635

209,897

53,955

50,964

9,523

2,256

2,608

2,485

2,685

2.381

2,649

187,873

48,286

45,213

Goods, balance of payments basis2

5,560

1,306

1,535

1,511

1,646

1.305

1,450

166,533

42,840

39,734

Services3
Transfers under U.S. military agency sales contracts4

3,963

1,073

1.076

1,199

21,340

5,446

5,479

104
340
18
100
67
429
15
790
785
205
532
48
5

974
88
284
20
77
69
427
9
735
730
149
551
30
5

1,039

87
283
19
56
68
513
13
921
916
317
554
45
5

71
361
23
133
69
407
12

34

25

6,670
1,540
2,479

1,810

1,689

1,696
8,749

368
626
396

383
633
431

2,189

2,285

91

23

33

350
546
338
5

137
396
19
91
71
472
13
986
981
372
539
70
5

115

22,024
21,948
11,102
10,846

5,669
5,650
3,005
2,645

5,751
5,732
3,142
2,590

144
20

950
83
295
18
103
64
377
10
577
572
70
492
10
5

76

19

19

-16,220

-4,312

-4,161

-4,472

-5,029

-5,170

-6,131

-224,395

-56,298

-56,510

-14,526

-3,898

-3,746

^,027

-4,501

-4,535

-5,424

-216,796

-54,342

-54,842

-11,813

-3,107

-2,851

-3,454

-4,018

-3,682

-4,441

-201,268

-50,225

-49,840

-2,713
-169

-791

-895

-573

-483

-853

-983

-15,528

-4,117

-41

-30

-41

-20

-20

-72

-16

-23

-1,274
-370
-229

-365
-146

^2
^98

-260

-166

-402
-165

-569
-126

-76
-24

-62
-23

-6,135
-712
-3,224

-1,527
-189
-822

-2,638
-240
-826

-607
^,543
-235

-122
-1,385

-158
-1,052

-56

-65

-7,599
-7,287
-1,482
-4,661
-1,144
-312

-1,956
-1,879
-524
-1,107
-248

-1,668
-1,593

Exports of goods and services

344
1,184

Travel
Passenger fares
Other transportation .

78
344
267

Royalties and license fees **
Other private servicess
U.S. Government miscellaneous services

1,705

41
2,659
2,639

Income receipts
Income receipts on U.S-owned assets abroad
Direct investment receipts
Other private receipts
U.S. Government receipts
Compensation of employees
Imports of goods and services and income payments
Imports of goods and services
Goods, balance of payments basis 3

Services
Direct defense expenditures
Travel
Passenger fares
Other transportation .

448
2,047

-10

-66
-2

-69
-3

-65
-53
-4

-55
-49
-11

-586

-148

-148

-145

-147

-152

-169

-75

-17

-26

-16

-14

-14

-14

-1,694
-1,622

-414
-398

-415

-445

^24
-1

-528
-507

-635
-618

-707
-691

s

Royalties and license fees
Other private services **
U.S. Government miscellaneous services
Income payments
Income payments on foreign-owned assets in the United States
Direct investment payments
Other private payments
U.S. Government payments
Compensation of employees
Unilateral current transfers, net
US Government grants4
U.S. Government pensions and other transfers
Private remittances and other transfers6

1,239
1,234

-109

-9
^00

-3
-93

^00
-4
-96

-1,213

-302

-300

-9

-114
-309

-M

-32

-276
-371

-253
-333

-182
-316

-5,002

-78

-1,193
-322

-72

-16

-15

-21

-21

-17

-16

-77

-75

-4,089
2 393

-1,026
-590

-1,065
-645

-960
-555

-945
-465

-948
-501

-1,018
-535

-643

-145

-171

-47

-11

-13

-11

-12

-12

-10

^82

-121

-121

-1,649

-425

-407

-394

-468

-435

-473

-161

-24

-50

25

6

6

7

7

6

6

87

17

28

-1,652

852

-984

231

-231

-996

1,799

-5,066

4,489

-6,881

-57
-1 138
1,086

-118
-139

-107
-109

8
-6
338
-57
-76
83
388

-73
-95
22

-418
-454

22
-1

31
5

10
-17
30
-3

-158
-903
-108

-578
-283
-269

1,789
1,868
-208

4,489
-5,945

-6,881
-3,375
-4,648

-73
926

129

9,398

1,158

3,962

4,821

-28
2
862

-5,066
-14,268
-5 570
-4 354
19126

5,241

29,118

8,561

8,040

1,953

-598

328

Capital and financial account
Capital account
39

Capital account transactions net
Financial account

40

U S -owned assets abroad net (increase/financial outflow (-))

41
42
43
44
45

U S official reserve assets net
Gold7
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies

46
47
48
49

U S Government assets other than official reserve assets net
U S credits and other long-term assets
Repayments on U.S. credits and other long-term assets8
US foreign currency holdings and U.S. short-term assets, net

-301
-1 550
1,276

50
51
52

U S. private assets net
Direct investment
Foreign securities
U S claims on unaffiliated foreigners reported by U S nonbanking concerns
U S claims reported by U S banks not included elsewhere

-1,351
-1,183
-230

60
61
62

71
72
73
74
75
76

Memoranda:
Balance on goods (lines 3 and 20)
Balance on services (lines 4 and 21)
Balance on goods and services (lines 2 and 19)
Balance on income (lines 12 and 29)
Unilateral current transfers net (line 35)
Balance on current account (lines 1, 18, and 35 or lines 73, 74, and 75) 13

See footnotes on page 74.




-29
13

5,311

-866
-475

-6

1,087

-138
-247

-2,640

933
(18)

(18)

(18

18)

U.S. Treasury securities9
Other10
Other U S Government liabilities"
U.S. liabilities reported by U.S. banks, not included elsewhere
Other foreign official assets12

Other foreign assets in the United States net
63
Direct investment
64
U S Treasury securities
65
U.S. securities other than U.S. Treasury securities
66
U S currency
67
U S liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns
68
US liabilities reported by US banks, not included elsewhere
69
Statistical
discrepancy (sum of above items with sign reversed)
70

-162

27
35

53
54
55 Foreign-owned assets in the United States, net (increase/financial inflow (-I-))
Foreign official assets in the United States, net
56
U.S. Government securities
57
58
59

-5
909

-27

n

(18)

R
41

829

68

6fin

79fi

18)

84

18

112

(18)

(18)

(18)

(18)

-139

-97

167
18

-122
-2,561

18

171
-82

18

43
3,692

18

42
3,922

18

(17)

17)

12

R
7712
4157

R

18)

27165
12 229

9159
5516

49

-44

2,601

-82

18

(17)

-1,459
4,992

17)

2

Q

-138

-16

17)
17

n!

18)

(18)

33

123

18
18

i

(18)

I"
I"

1V

:*!

(18)

(18)

-188

3,972

126

(18
(18

18
(18

1n

141

(18)

(18)

n

18
18

R
R

438

922

18)

18J

R
R

(18)

(18)

(18)

101
935

(17)

(17)

-292

377
(17)

-8

(17)

261
-992
(17)

4,443

4,287

1,873

-1,988

-2 229

2 626

-3,532

-8,998

-10,579

4,530

-6,253
1 250
-5 003

-1,801

-1,316

-1,943

-2,372

-2,377

-2,991

178

401

556

223

216

-1 138

-1 542

-1 816

-2154

-2 775

965

163

375

290

393

604

279

-4 089
-8,127

-1 026
-2,505

-1 065
-1,828

-960
-2,212

-945
-2,368

-948
-2,498

-1018
-3,514

-34,735
5 812
-28 923
14 425
-643
-15,141

-7,385
1,329
-6 056
3 713
-145
-2,488

-10,106

159
-1 642

477
-9 629
4,083
-171
-5,717

SURVEY OF CURRENT BUSINESS

71

January 2001

Transactions, by Area—Continued
of dollars]

1999

I

II-

III*

II

III

IV

Line

2000

1999

2000

1999

2000

IV

Japan

Latin America and Other Western Hemisphere

Canada
1999

1999

1

II'

III"

II

III

IV

I

IK

III/'

54,846

57,649

59,423

53,791

254,340

61,343

65,118

70,088

69,448

75,075

78,961

98,034

23,139

24,970

25,501

26,458

26,993

28,935

49,000

51,561

52,456

47,595

191,921

45,875

49,253

52,844

52,260

55,982

59,853

88,039

20,595

22,111

23,131

23,747

23,709

25,579

43,792

45,587

46,714

42,092

141,310

33,856

35,540

39,575

39,310

42,066

44,022

56,352

13,319

13,515

15,058

15,366

15,612

16,012

1
2
3

5,208
29

5,974
26

5,742
27

5,503
27

50,611
619

12,019
141

13,713
117

13,269
196

12,950
212

13,916
188

15,831
243

31,687
1,157

7,276
173

8,596
203

8,073
282

8,381
240

8,097
251

9,567
246

4
5

1,495
346
641

1,978
487
648

1,953
409
678

1,680
377
688

19,799
5,455
3,368

4,682
1,292
830

5,740
1,533
883

5,042
1,320
896

4,684
1,356
796

5,404
1,466
857

6,743
1,653
1,004

9,711
3,585
3,089

2,140
846
792

2,884
1,066
802

2,505
867
779

2,441
993
806

2,392
910
852

3,362
1,157
900

6
7
8

458
2,223
16

447
2,373
15

480
2,177
18

493
2,218
20

2,721
18,453
196

666
4,334
74

669
4,729
42

754
5,022
39

698
5,163
41

745
5,215
41

751
5,396
41

6,053
8,059
33

1,488
1,831
6

1,554
2,080
7

1,637
1,997
6

1,594
2,293
14

1,644
2,033
15

1,655
2,231
16

9
10
11

5,846
5,827
2,972
2,855

6,088
6,067
3,102
2,965

6,967
6,948
3,777
3,171

6,196
6,176
3,072
3,104

15,468
15,437
5,042
10,268
127
31

15,865
15,834
4,937
10,815
82
31

17,244
17,213
4,842
12,271
100
31

17,188
17,156
4,228
12,836
92
32

19,093
19,061
4,946
14,012
103
32

19,108
19,075
4,534
14,431
110
33

9,995
9,987
4,103
5,869
15
8

2,544
2,542
888
1,651
3
2

2,859
2,857
1,129
1,724
4
2

2,370
2,368
960
1,407
1
2

2,711
2,709
1,410
1,297
2
2

3,284
3,282
1,846
1,425
11
2

3,356
3,354
1,835
1,518
1
2

12
13
14
15
16
17

19

21

19

20

62,419
62,295
18,580
43,300
415
124

-59,455

-63,171

-65,946

-63,666

-256,983

-62,247

-67,652

-69,329

-74,005

-78,392

-83,229

-185,592

-44,529

-47,363

-51,284

-50,363

-52,593

-53,131

-57,143

-60,524

-63,066

-61,716

-202,209

-49,087

-53,501

-54,020

-58,220

-60,908

-64,777

-147,995

-35,064

-37,595

-40,585

-39,068

-41,313

-41,716

-53,635

-57,105

-58,906

-56,353

-169,069

-41,173

-44,767

-45,838

-49,353

-52,121

-54,710

-130,877

-30,784

-33,187

-35,894

-34,684

-36,515

-36,740

18
19
20

-3,508
-19

-3,419
-18

-4,160
-16

-5,363
-20

-33,140
-300

-7,914
-76

-8,734
-64

-8,182
-66

-8,867
-27

-8,787
-63

-10,067
-65

-17,118
-1,332

-4,280
-366

-4,408
-317

-4,691
-361

^,384
-308

-4,798
-322

-4,976
-350

21
22

-1,095
-158
-848

-1,009
-169
-873

-1,590
-232
-916

-2,693
-278
-902

-16,403
-3,039
-2,607

-3,847
-695
-621

-4,481
-838
-642

-3,870
-705
-737

-4,452
-874
-765

-4,171
-783
-769

-5,060
-943
-795

-2,845
-858
-4,986

-834
-236
-1,187

-741
-226
-1,378

-637
-213
-1,365

-694
-201
-1,298

-919
-266
-1,383

-846
-263
-1,550

23
24
25

-201
-1,129
-58

-216
-1,083
-51

-250
-1,105
-51

-280
-1,138
-52

-1,052
-9,243
^96

-264
-2,289
-122

-267
-2,308
-134

-261
-2,421
-122

-260
-2,358
-131

-269
-2,601
-131

-282
-2,791
-131

-3,162
-3,842
-93

-756
-879
-22

-744
-984
-18

-1,005
-1,091
-19

-868
-979
-36

-945
-930
-33

-971
-962
-34

26
27
28

-2,312
-2,231
-585
-1,279
-367
-81

-2,647
-2,563
-850
-1,321
-392
-84

-2,880
-2,801
-586
-1,724
-491
-79

-1,950
-1,872
124
-1,470
-526
-78

-54,774
-48,470
-1,156
-36,793
-10,521
-6,304

-13,160
-11,659
^03
-8,729
-2,527
-1,501

-14,151
-12,434
-387
-9,273
-2,774
-1,717

-15,309
-13,616
-170
-10,528
-2,918
-1,693

-15,785
-14,330
-259
-11,033
-3,038
-1,455

-17,484
-15,901
-390
-12,320
-3,191
-1,583

-18,452
-16,718
-272
-13,097
-3,349
-1,734

-37,597
-37,521
-5,893
-10,020
-21,608
-76

-9,465
-9,449
-2,140
-2,178
-5,131
-16

-9,768
-9,754
-1,738
-2,466
-5,550
-14

-10,699
-10,676
-2,221
-2,531
-5,924
-23

-11,295
-11,272
-2,238
-2,940
-6,094
-23

-11,280
-11,264
-2,098
-2,660
-6,506
-16

-11,415
-11,401
-1,877
-2,877
-6,647
-14

29
30
31
32
33
34

-152

-187

-154

-188

-3,913
^76
-221
-3,216

-3,858
-427
-181
-3,250

-3,888
-501
-169
-3,218

-4,053
-536
-172
-3,345

-29

-97

-42

60

-134
-54

-3,671
^57
-167
-3,047

-65

-124
-30

-3,619
^52
-155
-3,012

-51

-124
-63

-14,748
-1,797
-697
-12,254

-239

-120
-32

-106
-133

-26
-25

-27
-38

-27
-2

-28
-69

-28
-14

24
36

35
36
37
38

28

21

24

34

-3,855

67

64

-4,054

64

62

54

24

6

6

6

6

6

6

39

-5,900

-11,940

-10,607

3,360

-86,341

-23,779

-44,626

-35,077

-7,161

-30,787

-14,756

-39,513

5,957

-15,248

-28,608

1,391

-412

-30

10

242

559
182

6,883

-2,224

2,660

40
41

2,660

42
43
44
45

-1

46

-1

47
48
49

-2,224

-412

3

65

123

2

30

-30
-9

10
-31

242
37

-233
362
3

4,001
-325
4,357
-31

-209
225
-13

-129
206
-12

-184
361
-54

2

30

-9

-31

37

-23,866
-10,374
-13,123
-12,704
12,335

-44,758
-3,605
-14,388
-20,232
-6,533

-39,078
-285
2,038
-5,219
-35,612

-7,164
-3,822
-10,673
-27,081
34,412

-30,852
-6,760
-10,257
-15,262
1,427

-14,879
-2,178
-8,339
5,197
-9,559

-37,291
-10,616
-43,580
-4,012
20,917

6,339
-1,548
-5,377
-1,825
15,089

-15,209
-1,997
-9,677
-3,699
164

-28,587
-6,221
-18,036
-4,178
-152

1,112
-671
-1,475
2,611
647

377
-1,782
13,730
-6,182
-5,389

-2,539

50
51
52
53
54

18,612

27,666

44,939

25,526

28,081

5,573

-14,083

25,293

15,418

55

(18)
(18)

25,874
8

19,477

(18)
(18)

Pi
Pi

(.8)
(.8)
(18)
(18)

Pi
Pi
Pi

4,390
-1,571
5,991
-30

87

132

-401
497
-9

-5,900
-3,206
-17
-1,991
-686

-11,940
-2,889
-3,789
959
-6,221

-10,607
-5,237
-3,252
-1
-2,117

3,360
-3,937
169
7"i28

-90,731
-19,523
-29,713
-27,430
-14,065

4,389

21,284

11,228

1,393

116,001

58,308

33,751

Pi
Pi

(18)
(18)
(18)
(18)

8

-682

1,162

(17)

(17)

JIT)
-11
(17)

7

C)

-140

(17)

13
R

-425

1

C7)
(17)

(17)

-41

-4
(17)
(.7)

:

(
(

(18)
(18)

(

20,122
10,261

11,368
5,646

1,818
1,348

16,788

3,766

(17)

(17)

(17)

(17)

(18)

(18)

379

5,083

2,884

3,152

2,432

-601

62,943

23,281

-16,880
53,191

-12,399
18
43,685

10,735

18)

(18)

(18)

(18)

(18)

(18)

322

-1,661

3,140

958

9,529

6,051

1,328

7,84{

(18)

(18)

(18)

(18)

3,789
(.8)
3,586

3,147

(18)

(18)

(18)

"(18)

(18)

(18

14,634
-1,996
10,401

8,335

-1,043

6,961

892
4,477

-851
18
-11,405

3,639
18
13,556

.......„_.

-20
18)
18)

18

-3,111
14,497

^43
18

17,250
25,012

15,473
6,306
2,808

(18)

Pi

Pi

Pi

S

18)
18)

17,949

15,542
-5,917
8,645

I?

-8

18)

(18)

5,071
212

(18)
(18)
(18)

(18)
(18)
(.8)

J 3
8

4,224
-929
7,692

Pi
Pi
Pi

20

-25

(.8)
(18)
(18)

C)

182

-829

-52

-14

(18)
(18)

(18)
(18)

(18)
(18)

22,692
-2,568
-743

-1,416
-334

-278

12,352
-150
10,539

-238

8

(
2f

-191

(

(18)

14,473

56
57
58
59
60
61
62
63
64
65
66
67
68
69

(17)

(17)

(17)

6,244

-3,656

6,032

5,276

-8,414

-30,073

17,016

23,673

-12,154

-7,009

-2,503

99,205

9,905

11,826

34,937

36,688

-216

1,949

70

-9,843
1,700
-8,143
3,534
-152
-4,761

-11,518
2,555
-8,963
3,441
-187
-5,709

-12,192
1,582
-10,610
4,087
-154
-6,677

-14,261
140
-14,121
4,246
-188
-10,063

-27,759
17,471
-10,288
7,645
-14,748
-17,391

-7,317
4,105
-3,212
2,308
-3,619
-4,523

-9,227
4,979
^,248
1,714
-3,671
-6,205

-6,263
5,087
-1,176
1,935
-3,913
-3,154

-10,043
4,083
-5,960
1,403
-3,858
-8,415

-10,055
5,129
-4,926
1,609
-3,888
-7,205

-10,688
5,764
^,924
656
^,053
-8,321

-74,525
14,569
-59,956
-27,602
-239
-87,797

-17,465
2,996
-14,469
-6,921
-51
-21,441

-19,672
4,188
-15,484
-6,909
-65
-22458

-20,836
3,382
-17,454
-8,329
-29
-25,812

-19,318
3,997
-15,321
-8,584
-97
-24,002

-20,903
3,299
-17,604
-7,996
-42
-25,642

-20,728
4,591
-16,137
-8,059
-60
-24,256

71
72
73
74
75
76

7 6 1

" 1 7




18

18

18

18

18

18

18

18

72

•

January 2001

SURVEY OF CURRENT BUSINESS

Table 10.-U.S. International
[Millions
Australia
Line

(Credits +; debits - ) '

2000

1999
1999

II

I

IV

III

If

III*

Current account

1 Exports of goods and services and income receipts
Exports of goods and services
2
Goods, balance of payments basis2
3
Services3
4
Transfers under U S military agency sales contracts4
5
Travel
6
Passenger fares
7
Other transportation
8
Royalties and license fees 5
9
Other private services5
10
U.S. Government miscellaneous services
11
Income receipts
12
Income receipts on U S -owned assets abroad
13
Direct investment receipts
14
Other private receipts
15
U.S. Government receipts
16
Compensation of employees
17
Imports
of goods and services and income payments
18
Imports of goods and services
19
Goods, balance of payments basis2
20
Services3
21
Direct defense expenditures
22
Travel
23
Passenger fares
24
Other transportation
25
Royalties and license fees5
26
Other private services5
27
U.S. Government miscellaneous services
28
Income payments
29
Income payments on foreign-owned assets in the United States
30
Direct investment payments
31
Other private payments
32
U.S. Government payments
33
Compensation of employees
34
35 Unilateral current transfers, net
US Government grants4
36
U.S. Government pensions and other transfers
37
Private remittances and other transfers6
38

23,020

5,550

5,905

6,552

5,963

6,574

6,459

16,990

4,114

4,381

4,779

4,283

4,726

4,547

11,664

2,757

2,958

3,424

2,960

3,274

3,008

5,326

1,357

1,423

1,355

1,323

1,452

1,539

296

90
453
137
90
175
411
1

97
482
143
99
180
420
2

65
435
128
89
195
440
3

65
408
123
76
173
476
2

68
510
145
84
192
451
2

67
562
155
98
190
465
2

1,436
1,435

1,524
1,523

1,773
1,772

1,680
1,679

1,848
1,847

1,912
1,911

513
922

679
844

877
895

749
930

889
958

965
946

1,735

520
360
723
1,685

7
6,030
6,026
2,495
3,531

4

1

1

1

1

1

1

-9,411

-2,304

-2,583

-2,428

-2,617

-2,954

-3,140

-8,852

-2,256

-2,354

-2,281

-2,274

-2,604

-2,720

-5,271

-1,378

-1,443

-1,366

-1,346

-1,677

-1,736

-3,581

-878

-911

-915

-928

-927

-984

-62

-8

-10

-22

-19

-31

-15

-1,243
-€42
-197

-302
-161

-351
-135

-269
-192

-352
-170

-333
-181

-401
-157

-69

-47
-15

-51
-16

-53
-26

-56
-17

-52
-18

-58
-32

-1,326

-337

-333

-343

-305

-303

-312

-42

-8
-48
-46
207

-15

-10

-9

-9

-9

-229
-227

-147
-145

-343
-341

-350
-348

-420
-418

66

187

7

-2

-26

-172

-210

-234

-81
-2
-83

-83
-2
-67

-98
-2
-73

-246
-102

-232
-114

-262
-130

-2
-70

-2
-71

-2
-73

-256

-10
-73

-10
-57

-10
-63

-10
-60

-11
-60

-10
-63

8

2

2

2

2

2

2

-3,520

-4,448

4,503

-1,583

-2,732

323

352

-1

-6

-2

1

1

323
483

352
137
452

-559
-551

569
-787
-333

-8
-296

^0

Capital and financial account
Capital account

39 Capital account transactions, net
Financial account

40 U.S.-owned assets abroad, net (increase/financial outflow (-))
U.S. official reserve assets, net
41
Gold7
42
Special drawing rights
43
Reserve position in the International Monetary Fund
44
Foreign currencies
45
U.S. Government assets, other than official reserve assets, net
46
U.S. credits and other long-term assets
47
Repayments on U.S. credits and other long-term assets8
48
U.S. foreign currency holdings and U S short-term assets, net
49
U.S. private assets, net.
50
Direct investment
51
Foreign securities
52
U.S. claims on unaffiliated foreigners reported by U S nonbanking concerns
53
U.S. claims reported by U S banks, not included elsewhere
54
55 Foreign-owned assets in the United States, net (increase/financial inflow (+))
Foreign official assets in the United States, net
56
U.S. Government securities
57
U.S. Treasury secunties9
58
Other10
59
Other U.S. Government liabilities''
60
U.S. liabilities reported by U S banks, not included elsewhere
61
Other foreign official assets12
62
63
64

Other foreign assets in the United States, net
Direct investment
U.S. Treasury securities
U.S. securities other than U S Treasury secunties
U S currency
U S liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns
U S liabilities reported by U S banks not included elsewhere

65
66
67
68
69
70 Statistical discrepancy (sum of above items with sign reversed)
71
72
73
74
75
76

Memoranda!
Balance on goods (lines 3 and 20)
Balance on services (lines 4 and 21)
Balance on goods and services (lines 2 and 19)
Balance on income (lines 12 and 29) . .
Unilateral current transfers, net (line 35)
Balance on current account (lines 1, 18, and 35 or lines 73, 74, and 75) 13

See footnotes on page 74.




-1

-6

-2

1

1

-3,519
-4,062
-1,699

-4,442

-1,584
-183
-422

-2,733
-600

-22

2,184

-1,076
-117
-3,266

4,505
-961
-116
-301
5,883

-957

3,465

1,065

714

2,900

58

17

-944
-2,063

-358
2,391
-2,193

-237

2,830

-297

2,214

(18

(18)

(18)

(18)

(18)

18)

(.8)

(18

(18)

(18)

(18)

(18)

(18)

(18)

18)
18)

(18)

(18)

(18)

(18)

18)

(18)

-10

--31

(•;
(18

n
(18)

(18)

-49

-30

-42

(18)

(18)

(18)

(18)

(18)

(18)

(18)

(18)

(18)

(

(18
(18
(18

-2,506

156

-404
4,468

18

138
1,467

-13,266

218

6,393
1,745
8,138
5,471
-296
13,313

1,379

(18)

1,160
-144
-329

(18)

(18)

10

18)
18)

(18)
(18)

b

(18)

(18)

(18)

13

595

544

307

493

-182

(18

(18)

1,956

8

3

-666

(18)

18

874

2,853

(18)

-202
2,681

-1,117
18
560

-1,108
18
340

-8,474

-5,370

-3,376

-3,577

-5,814

1,515

2,058

1,597

1,272

18

18

1,614

18

1,568

479

512

440

395

525

555

1,858
1,388

2,027
1,295

2,498
1,626

2,009
1,337

2,122
1,498

1,827
1,492

-83

-67

-73

-70

-71

-73

3,163

3,255

4,051

3,276

3,549

3,246

SURVEY OF CURRENT BUSINESS

73

January 2001

Transactions, by Area—Continued
of dollars]
International organizations and unallocated16

Other countries in Asia and Africa
2000

1999

II

I

IV

III

\\\P

II'

II

Line

2000

1999
1999

1999

\\r

I

IV

III

\\\P

1
2
3

221,704

54,172

57,289

59,567

59,175

63,296

68,785

33,463

8,178

8,381

8,822

8,786

8,970

8,954

196,110

48,097

50,337

52,433

50,304

54,199

59,605

5,998

1,488

1,517

1,545

1,532

1,518

1,555

140,421

34,026

35,814

39,030

35,998

39,768

43,739

55,689
9,324

14,071
2,865

14,523
2,135

13,403
2,060

14,306
1,987

14,431
2,093

15,866
2,019

5,998

1,488

1,517

1,545

1,532

1,518

1,555

11,385
1,583
8,753

3,186
391
2,142

3,513
484
2,267

2,551
380
2,352

2,519
351
2,258

3,684
461
2,442

4,096
525
2,590

555

152

140

144

133

141

156

4,333
19,970
341

1,074
4,345
68

1,070
4,969
85

1,130
4,822
108

1,068
6,044
79

1,087
4,581
83

1,110
5,443
83

1,917
3,526

467
869

476
901

513
888

482
917

490
887

488
911

9
10
11

25,594
25,519
14,866
9,602
1,051
75

6,075
6,057
3,534
2,313
210
18

6,952
6,933
4,305
2,328
300
19

7,134
7,115
4,301
2,562
252
19

8,871
8,851
5,007
3,271
573
20

9,097
9,077
5,841
3,001
235
20

9,180
9,160
6,119
2,708
333
20

27,465
25,720
14,072
10,867
781
1,745

6,690
6,257
3,435
2,625
197
433

6,864
6,421
3,443
2,787
191
443

7,277
6,828
3,630
3,021
177
449

7,254
6,798
3,547
3,070
181
456

7,452
6,987
3,646
3,160
181
465

7,399
6,928
3,696
3,050
182
471

12
13
14
15
16
17

-365,989

-87,025

-100,065

-100,152

-97,980

-108,335

-124,522

-10,248

-2,525

-2,573

-2,675

-2,868

-3,158

-3,723

-335,570

-79,808

-92,250

-91,982

-89,471

-98,491

-114,023

-1,985

-492

^98

-510

-594

-642

-1,396

-296,863

-70,374

-82,029

-81,781

-79,566

-87,986

-103,040

18
19
20

-38,707
-3,926

-9,434
-959

-10,221
-1,102

-10,201
-836

-9,905
-928

-10,505
-993

-10,983
-900

-1,985

-492

-498

-510

-594

-642

-1,396

-11,314
-5,101
-10,566

-2,827
-1,234
-2,497

-2,852
-1,354
-2,904

-3,032
-1,335
-2,966

-2,856
-1,298
-2,843

-3,114
-1,393
-3,054

-3,258
-1,582
-3,288

-1,147

-298

-298

-269

-315

-362

^432

-309
-6,739
-752

-63
-1,677
-177

-90
-1,722
-197

-90
-1,759
-183

-66
-1,724
-190

-65
-1,697
-189

-78
-1,685
-192

-633
-205

-152
-42

-154
-46

-181
-60

-168
-111

-170
-110

-846
-118

26
27
28

-30,419
-29,924
-538
-9,807
-19,579
-495

-7,217
-7,115
20
-2,256
^,879
-102

-7,815
-7,728
-224
-2,585
-4,919
-87

-8,170
-8,014
-174
-2,762
-5,078
-156

-8,509
-8,352
-114
-2,949
-5,289
-157

-9,844
-9,737
-1,077
-3,163
-5,497
-107

-10,499
-10,409
-1,233
-3,485
-5,691
-90

-8,263
-8,263
-5,094
-3,145
-24

-2,033
-2,033
-1,287
-740
-6

-2,075
-2,075
-1,227
-839
-9

-2,165
-2,165
-1,329
-831
-5

-2,274
-2,274
-1,370
-898
-6

-2,516
-2,516
-1,519
-993
-4

-2,327
-2,327
-1,364
-957
-6

29
30
31
32
33
34

-16,873
-7,388
-483
-9,002

-3,592
-1,385
-119
-2,088

-3,686
-1,213
-124
-2,349

-6,085
-3,782
-121
-2,182

-4,178
-1,497
-122
-2,559

-4,006
-1,645
-127
-2,234

-4,861
-2,202
-128
-2,531

-10,060
-1,520
-1,165
-7,375

-2,457
-551
-84
-1,822

-2,331
-298
-210
-1,823

-3,086
-301
-747
-2,038

-2,519
-357
-259
-1,903

-2,514
-451
-100
-1,963

-2,207
-176
-191
-1,840

35
36
37
38

115

31

28

32

29

33

26

-9,241

-3,927

-4,519

-445

-7,828

-10,689

-1,592

4
5
6
7
8

21
22
23
24
25

39
-7,858

-1,585

-90

-2,108

-3,518

-2,009

-6,854

40

5,494

1,223

2,084

1,622

-417

2,148

1,118

10
5,484

-190
1,413

-184
2,268

-178
1,800

-180
-237

-180
2,328

-182
1,300

41
42
43
44
45

-791
-1,667
1,365
-489

-218
-303
213
-128

-528
-778
354
-104

-55
-377
473
-151

-107
-1,125
786
232

16
-348
398
-34

271
-236
561
-54

-1,052
-1,052

-289
-289

-248
-248

-248
-248

-248
-248

-265
-265

-307
-307

46
47
48
49

-8,450
-17,402
3,103
-2,399
8,248

-3,709
-5,700
1,085
-980
1,886

-3,991
-3,497
2,816
-761
-2,549

-390
-3,838
484
-475
3,439

-7,721
-4,415
-2,510
1,696
900

-10,705
-3,040
-3,986
216
-3,895

-1,863
-5,277
2,706

-2,519
-3,133
-27
22
619

-1,926
-3,154
797

708

-12,300
-12,940
1,683
13
-1,056

431

-3,482
-3,360
903
-2
-1,023

-2,853
-3,251
175
-8
231

-3,892
-3,392
56
10
-566

-7,665
-3,491
-253
^,266
345

50
51
52
53
54

53,170

3,492

4,844

32,240

5,939
/18\

21,843

11,599

30,420

6,113

9,469

9,191

-2,625

5,278

-7,450

1

1

3

55
56

8

)

-{I

(18)

(18)

18
(18)

( 8\
(

(18)

"R

-283
(18)

(18)

(18)

(18)

(18)

(18)

581

1 38

!:
(18)
-52

(18)

622
(.8)
5,652

(.8)

(18)

(18)

R

i:

(18)

(18)
(18)

15,165

3,611

7J3

10,130

177
18
38,535

1,818
18
-1,575

-1,142
18
3,500

-1,384
18
27,182

2,212
18
-5,003

3,943
18
245

117,114

36,849

46,109

14,843

44,843

37,858

-156,442
16,982
-139,460
-4,825
-16,873
-161,158

-36,348
4,637
-31,711
-1,142
-3,592
-36,445

^6,215
4,302
-41,913
-863
-3,686
-46,462

-42,751
3,202
-39,549
-1,036
-6,085
^6,670

-43,568
4,401
-39,167
362
-4,178
-42,983

^8,218
3,926
-44,292
-747
^,006
^9,045

(18)




1

1

1

1

3

5,277
1,138

-7,453
1,169

-576
(.8)

(18)

139
(.8)
2,630

(18)

(18)

-469

1

1

n
(18)

30,419
4,364

6,113
1,086

9,468
1,089

5,508

293
22,407
158
18
3,197

-130
3,057
37
18
2,063

474
4,697
52
18
3,156

97
12,213
51
18
-4,268

-2,626
1,115
(.8)
-121
-6,847
29
18
3,198

50,565

-35,717

-7,724

-12,856

-10,144

2,744

-59,301
4,883
-54,418
-1,319
-4,861
-60,598

4,013
4,013
19,202
-10,060
13,155

996
996
4,657
-2,457
3,196

1,019
1,019
4,789
-2,331
3,477

1,035
1,035
5,112
-3,086
3,061

938
938
4,980
-2,519
3,399

1,427

7,994

1,074

5,593
18

(18)

(18)

(18)

9,191
1,098
(18)

57
58
59
60
61
62

165
757
-3,673
-5,871

63
64
65
66
67
68
69

-6,567

11,280

70

876
876
4,936
-2,514
3,298

159
159
5,072
-2,207
3,024

71
72
73
74
75
76

(18)

(18)

18

989
64
3,079

18

74

• January 2001

SURVEY OF CURRENT BUSINESS

FOOTNOTES TO U.S. INTERNATIONAL TRANSACTIONS TABLES 1-10
General notes for all tables: P Preliminary.

r

Revised.

* Less than $500,000 ( ± )

Suppressed to avoid disclosure of data of individual companies.

n.a. Not available.

Table 1:
1. Credits, +: Exports of goods and services and income receipts; unilateral current transfers to the United States;
capital account transactions receipts; financial inflows—increase in foreign-owned assets (U.S. liabilities) or decrease in
U.S.-owned assets (U.S. claims).
Debits, - : Imports of goods and services and income payments; unilateral current transfers to foreigners; capital
accounts transactions payments; financial outflows—decrease in foreign-owned assets (U.S. liabilities) or increase in
U.S.-owned assets (U.S. claims).
2. Excludes exports of goods under U.S. military agency sales contracts identified in Census export documents,
excludes imports of goods under direct defense expenditures identified in Census import documents, and reflects various
other adjustments (for valuation, coverage, and timing) of Census statistics to balance of payments basis; see table 2.
3. Includes some goods: Mainly militaryequipment in line 5; major equipment, other materials, supplies, and petroleum
products purchased abroad by U.S. military agencies in line 22; and fuels purchased by airline and steamship operators in
lines 8 and 25.
4. Includes transfers of goods and services under U.S. military grant programs.
5. Beginning in 1982, these lines are presented on a gross basis. The definition of exports is revised to exclude U.S.
parents' payments to foreign affiliates and to include U.S. affiliates' receipts from foreign parents. The definition of imports
is revised to include U.S. parents' payments to foreign affiliates and to exclude U.S. affiliates' receipts from foreign parents.
6. Beginning in 1982, the "other transfers" component includes taxes paid by U.S. private residents to foreign
governments and taxes paid by private nonresidents to the U.S. Government.
7. At the present time, all U.S. Treasury-owned gold is held in the United States.
8. Includes sales of foreign obligations to foreigners.
9. Consists of bills, certificates, marketable bonds and notes, and nonmarketable convertible and nonconvertible bonds
and notes.
10. Consists of U.S. Treasury and Export-Import Bank obligations, not included elsewhere, and of debt securities of
U.S. Government corporations and agencies.
11. Includes, primarily, U.S. Government liabilities associated with military agency sales contracts and other
transactions arranged with or through foreign official agencies; see table 4.
12. Consists of investments in U.S. corporate stocks and in debt securities of private corporations and State and local
governments.
13. Conceptually, line 76 is equal to "net foreign investment" in the national income and product accounts (NIPA's).
However, the foreign transactions account in the NIPA's (a) includes adjustments to the international transactions accounts
for the treatment of gold, (b) includes adjustments for the different geographical treatment of transactions with U.S. territories
and Puerto Rico, and (c) includes services furnished without payment by financial pension plans except life insurance
carriers and private noninsured pension plans. A reconciliation of the balance on goods and services from the international
accounts and the NIPA net exports appears in reconciliation table 2 in appendix A in this issue of the SURVEY OF CURRENT
BUSINESS. A reconciliation of the other foreign transactions in the two sets of accounts appears in table 4.5 of the full set of
NIPA tables (published annually in the August issue of the SURVEY).
Additional footnotes for historical data in July issues of the SURVEY:
14. For 1974, includes extraordinary U.S. Government transactions with India. See "Special U.S. Government
Transactions," June 1974 SURVEY, p. 27.
15. For 1978-83, includes foreign currency-denominated notes sold to private residents abroad.
16. Break in series. See Technical Notes and articles on revisions to the international accounts in the June 1989, June
1990, June 1992, June 1993, June 1995, and July 1996-2000 issues of the SURVEY.
Table 2:
1. Exports, Census basis, represent transactions values, f.a.s. U.S. port of exportation, for all years; imports, Census
basis, represent Customs values (see Technical Notes in the June 1982 SURVEY), except for 1974-81, when they represent
transactions values, f.a.s. foreign port of exportation (see June issues of the SURVEY for historical data).
From 1983 forward, both unadjusted and seasonally adjusted data have been prepared by BEA from "actual" and
"revised statistical" month data supplied by the Census Bureau (see Technical Notes in the December 1985 SURVEY).
Seasonally adjusted data reflect the application of seasonal factors developed jointly by Census and BEA. The seasonally adjusted data are the sum of seasonally adjusted five-digit end-use categories (see Technical Notes in the June
1980 SURVEY, in the June 1988 SURVEY, and in the June 1991 SURVEY). Prior to 1983, annual data are as published by
the Census Bureau, except that for 1975-80 published Census data are adjusted to include trade between the U.S. Virgin
Islands and foreign countries.
2. Adjustments in lines A5 and A13, B12, B48, and B84 reflect the Census Bureau's reconciliation of discrepancies
between the goods statistics published by the United States and the counterpart statistics published in Canada. These
adjustments are distributed to the affected end-use categories in section C. Beginning in 1986, estimates for undocumented
exports to Canada, the largest item in the U.S.-Canadian reconciliation, are included in Census basis data shown in line
A1.
3. Exports of militaryequipment under U.S. military agency sales contracts with foreign governments (line A6), and
direct imports by the Department of Defense and the Coast Guard (line A14), to the extent such trade is identifiable from
Customs declarations. The exports are included in tables 1 and 10, line 5 (transfers under U.S. military agency sales
contracts); the imports are included in tables 1 and 10, line 22 (direct defense expenditures).
4. Addition of electrical energy; deduction of exposed motion picture film for rental rather than sale; net change in stock
of U.S.-owned grains in storage in Canada; coverage adjustments for special situations in which shipments were omitted
from Census data; deduction of the value of repairs and alterations to foreign-owned equipment shipped to the United
States for repair; and the inclusion of fish exported outside of U.S. customs area. Also includes deduction of exports to the
Panama Canal Zone before October 1,1979, and for 1975-82, net timing adjustments for goods recorded in Census data
in one period but found to have been shipped in another (see June issues of the SURVEY for historical data).
5. Coverage adjustments for special situations in which shipments were omitted from Census data; the deduction of
the value of repairs and alterations to U.S.-owned equipment shipped abroad for repair; and the adjustment of software
imports to market value. Also includes addition of understatement of inland freight in f.a.s values of U.S. imports of goods
from Canada in 1974-81; deduction of imports from the Panama Canal Zone before October 1, 1979; and for 1975-82,
net timing adjustments for goods recorded in Census data in one period but found to have been shipped in another (see
June issues of the SURVEY for historical data).
6. For 1988-89, correction for the understatement of crude petroleum imports from Canada.
7. Annual and unadjusted quarterly data shown in this table correspond to country and area data in table 10, lines 3
and 20. Trade with international organizations includes purchases of nonmonetary gold from the International Monetary
Fund, transfers of tin to the International Tin Council (ITC), and sales of satellites to Intelsat. The memoranda are defined
as follows: Industrial countries: Western Europe, Canada, Japan, Australia, New Zealand, and South Africa;
Members
of OPEC: Venezuela, Ecuador, Iraq, Iran, Kuwait, Saudi Arabia, Qatar, United Arab Emirates, Indonesia, Algeria, Libya,
Nigeria, and Gabon (Excludes Ecuador beginning in January 1993 and Gabon beginning in January 1995.); Other countries:
Eastern Europe, Latin America and Other Western Hemisphere, and other countries in Asia and Africa, less OPEC. Before
1984, complete geographic area detail was not available for some balance of payments adjustments. Therefore, the detail
shown does not always sum to the values shown for the area aggregates. For all years, "Asia" and "Africa" exclude certain
Pacific Islands and unidentified countries included in "Other countries in Asia and Africa."
8. Includes the former German Democratic Republic (East Germany) beginning in fourth quarter of 1990. In earlier
periods, the German Democratic Republic was included in Eastern Europe.
9. Beginning in 1986, New Zealand and South Africa are included in "Other countries in Asia and Africa," with New
Zealand included as part of "Asia" and South Africa as part of "Africa."
10. The "Euro area," which formed in January 1999, includes Austria, Belgium, Finland, France, Germany, Ireland,
Italy, Luxembourg, Netherlands, Portugal, and Spain.
Table 3:
1. Patented techniques, processes, and formulas and other intangible property rights that are used in goods production.
2. Copyrights, trademarks, franchises, rights to broadcast live events, and other intangible property rights.
3. Other unaffiliated services receipts (exports) include mainly expenditures of foreign governments and international
organizations in the United States. Payments (imports) include mainly expenditures of U.S. residents temporarily working
abroad and film rentals.
Table 4:




1. Expenditures to release foreign governments from their contractual liabilities to pay for military goods and services
purchased through military sales contracts—first authorized (for Israel) under Public Law 93-199, section 4, and subsequently authorized (for many recipients) under similar legislation—are included in line A4. Deliveries against these military
sales contracts are included in line C10; see footnote 2. Of the line A4 items, part of these military expenditures is applied
in lines A43 and A46 to reduce short-term assets previously recorded in lines A41 and C8; this application of funds is
excluded from lines C3 and C4. A second part of line A4 expenditures finances future deliveries under military sales
contracts for the recipient countries and is applied directly to lines A42 and C9. A third part of line A4, disbursed directly to
finance purchases by recipient countries from commercial suppliers in the United States, is included in line A37. A fourth
part of line A4, representing dollars paid to the recipient countries to finance purchases from countries other than the United
States, is included in line A48.
2. Transactions under military sales contracts are those in which the Department of Defense sells and transfers
military goods and services to a foreign purchaser, on a cash or credit basis. Purchases by foreigners directly from
commercial suppliers are not included as transactions under m ilitary sales contracts. The entries for the several cat egories
of transactions related to military sales contracts in this and other tables are partly estimated from incomplete data.
3. The identification of transactions involving direct dollar outflows from the United States is made in reports by each
operating agency.
4. Line A38 includes foreign currency collected as interest and line A43 includes foreign currency collected as principal,
as recorded in lines A16 and A17, respectively.
5. Includes (a) advance payments to the Department of Defense (on military sales contracts) financed by loans
extended to foreigners by U.S. Government agencies and (b) the contraentry for the part of line C10 that was delivered
without prepayment by the foreign purchaser. Also includes expenditures of appropriations available to release foreign
purchasers from liability to make repayment.
6. Includes purchases of loans from U.S. banks and exporters and payments by the U.S. Government under commercial
export credit and investment guarantee programs.
7. Excludes liabilities associated with military sales contracts financed by U.S. Government grants and credits and
included in line C2.
Table 5:
1. Beginning with 1991, payments and receipts of interest related to interest rate and foreign currency swaps between
affiliates and parents are netted and are shown as either net payments or net receipts. Receipts and payments of other
types of interest are shown on a gross basis.
2. Petroleum includes, and manufacturing and "other" industries exclude, the exploration, development, and production
of crude oil and gas, and the transportation, refining, and marketing of petroleum products, exclusive of petrochemicals,
"Other" industries includes wholesale trade; banking; finance (except banking), insurance, and real estate; services; and
other industries—agriculture, forestry, and fishing; mining; construction; transportation, communication, and public utilities;
and retail trade.
3. Acquisition of equity holdings in existing and newly established companies, capital contributions, capitalization of
intercompany debt, and other equity contributions.
4. Sales (total and partial), liquidations, returns of capital contributions, and other dispositions of equity holdings.
Table 6:
1. Primarily provincial, regional, and municipal.
2. Largely transactions by International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), Asian Development Bank (ADB), and Inter-American
Development Bank(IDB).
3. Estimate for scheduled redemptions and identifiable early retirements. Includes estimates based on Canadian
statistics for redemptions of Canadian issues held in the United States. Unidentified and nonscheduled retirements appear
in line A30.
Table 7:
1. Estimates of transactions other than those with U.S. banks' Caribbean branches and with financial intermediaries
(F.l.s) are not available. Preliminary estimates of transactions with F.l.s, by area, are commingled in "other" to avoid
disclosure of individual companies' area data.
2. Deposits (line A5) include other financial claims (line A7) for some countries due to the commingling of these
categories in foreign source data.
3. Primarily mortgages, loans, and bills and notes drawn on foreigners.
4. Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
5. Bahamas, British West Indies (Cayman Islands), Netherlands Antilles, and Panama.
6. Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting countries. Excludes Ecuador beginning
in January 1993.
Table 8:
1. Includes central governments and their agencies and corporations; state, provincial, and local governments and
their agencies and corporations; and international and regional organizations.
2. U.S.-owned banks are mainly U.S.-chartered banks, Edge Act subsidiaries, and U.S. bank holding companies.
Foreign-owned banks include U.S. branches and agencies of foreign banks and majority-owned bank subsidiaries in the
United States. U.S. brokers and dealers are identified separately beginning with the first quarter of 1997; prior to 1997,
they are commingled with U.S.-owned banks' accounts.
3. Commercial paper issued in the U.S. market by foreign incorporated entities; excludes commercial paper issued
through foreign direct investment affiliates in the United States.
4. Negotiable and readily transferable instruments other than commercial paper, payable in dollars; consists largely of
negotiable certificates of deposit.
5. Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
6. Bahamas, British West Indies (Cayman Islands), Netherlands Antilles, and Panama.
7. Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting countries. Excludes Ecuador beginning
in January 1993.
8. Includes Eastern Europe and international and regional organizations.
Table 9:
1. Negotiable certificates of deposit issued by banks in the United States are included in banks' custody liabilities and
are separately identified in memorandum line 8. Nonnegotiable certificates of deposit are included in time deposits.
2. Includes borrowing under Federal funds or repurchase arrangements, deferred credits, and liabilities other than
deposits.
3. Mainly negotiable and readily transferable instruments, excluding U.S. Treasury securities.
4. Mainly International Bank for Reconstruction and Development (IBRD), International Development Association
(IDA), International Finance Corporation (IFC), Asian Development Bank (ADB), Inter-American Development Bank (IDB),
and the Trust Fund of the International Monetary Fund.
5. U.S.-owned banks are mainly U.S.-chartered banks, Edge Act subsidiaries, and U.S. bank holding companies.
Foreign-owned banks include U.S. branches and agencies of foreign banks and majority-owned bank subsidiaries in the
United States. U.S. brokers and dealers are identified separately beginning with the first quarter of 1997; prior to 1997,
they are commingled with U.S.-owned banks' accounts.
6. Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
7. Bahamas, British West Indies (Cayman Islands), Netherlands Antilles, and Panama.
8. Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting countries. Excludes Ecuador beginning
in January 1993.
9. Includes Eastern Europe and international and regional organizations.
Table 10: For footnotes 1-13, see table 1.
14. The "European Union" includes the "European Union (6)." United Kingdom, Denmark, Ireland, Greece, Spain, and
Portugal. Beginning with the first quarter of 1995, the "European Union" also includes Austria, Finland, and Sweden.
15. The "European Union (6)" includes Belgium, France, Germany (includes the former German Democratic Republic
(East Germany) beginning in the fourth quarter of 1990), Italy, Luxembourg, Netherlands, European Atomic Energy
Community, European Coal and Steel Community, and European Investment Bank.
16. Includes, as part of international and unallocated, the estimated direct investment in foreign affiliates engaged in
international shipping, in operating oil and gas drilling equipment internationally, and in petroleum trading. Also includes
taxes withheld; current-cost adjustments associated with U.S. and foreign direct investment; before 1996, small transactions
in business services that are not reported by country; and net U.S. currency flows, for which geographic source data are
not available.
17. Details are not shown separately; see totals in lines 56 and 63.
18. Details not shown separately are included in line 69.

D-l

SURVEY OF CURRENT BUSINESS

January 2001

BEA CURRENT AND HISTORICAL DATA
National, International, and Regional Estimates
This section presents an extensive selection of economic statistics prepared by the Bureau of Economic
Analysis (BEA) and a brief selection of collateral statistics prepared by other Government agencies and
private organizations. 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.
BEA's economic statistics are available on three Web

sites. BEA's Web site at <www.bea.doc.gov> contains
data, articles, and news releases from the national,
international, and regional programs. The Federal
Statistical Briefing Room (FSBR) on the White House
Web site at <www.whitehouse.gov/fsbr> provides key
economic statistics, including gross domestic product.
The Commerce Department's STAT-USA Web site at
<www.stat-usa.gov> provides detailed databases and
news releases from BEA and from other Federal Government agencies by subscription.

The tables present annual [A], quarterly [Q], and monthly [M] estimates.

National Estimates

International Estimates

A. Selected NIPA tables [A, Q]
S. Summary tables
D-2
1. National income and product
D-3
2. Personal income and outlays
D-7
3. Government current receipts and expenditures.... D-8
4. Foreign transactions
D-12
5. Saving and investment
D-14
6. Income and employment by industry
D-l7
7. Quantity and price indexes
D-18
8. Supplemental tables
D-25
B. Other NIPA and NIPA-related tables
B.I Personal income [A,M]
D-29
B.2 Disposition of personal income [A, M]
D-29
B.3 Gross domestic product by industry[A]
D-30
B.4 Personal consumption expenditures by
type [A]
D-31
B.5 Private fixed investment in structures
by type [A]
D-32
B.6 Private fixed investment in equipment and
software by type [A]
D-32
B.7 Consumption and wage and salary accruals by
industry [A]
D-33
B.8 Employment by industry [A]
D-34
B.9 Wage and salary accurals by employee and by
industry [A]
D-35
B.10 Farm sector output, gross product, and
national income [A]
D-36
B.ll Housing sector output, gross product, and
national income [A]
D-36
B.I 2 Net stock of private fixed asssets by
type [A]
D-37
C. Historical measures
C.I Estimates of the major NIPA aggregates
D-38
D. Domestic perspectives [A, Q, M]
D-41
E. Charts
Selected NIPA series
D-43
Other indicators of the domestic economy
D-49

F. Transactions tables
El U.S. international transactions in goods
and services [A, M]
D-51
F.2 U.S. international transactions [A, Q]
D-52
F.3 U.S. international transactions by area [Q]
D-53
F.4 Private services transactions [A]
D-56
G. Investment tables [A]
G.I U.S. international investment position
D-57
G.2 USDIA: Selected items
D-58
G.3 Selected financial and operating data of foreign
affiliates of U.S. companies
D-59
G.4 FDIUS: Selected items
D-60
G.5 Selected financial and operating data of U.S.
affiliates of foreign companies
D-61
H. International perspectives [A, Q, M ]
D-62
I. Charts
The United States in the international economy D-64




Regional Estimates
J. State and regional tables
J.I Personal income [Q]
D-65
J.2 Personal income and disposable personal
income [A]
D-66
J.3 Per capita personal income and disposable
personal income [A]
D-67
J.4 Gross state product [A]
D-68
K. Local area table
K.I Personal income and per capita personal income
by metropolitian area [A]
D-69
L. Charts
Selected regional estimates
D-71

Appendixes
A: Additional information about the NIPA estimates
Statistical conventions
D-73
Reconciliation tables [A, Q]
D-74
B: Suggested reading
D-75

D-2

National Data

SURVEY OF CURRENT BUSINESS

January 2001

National Data
A. Selected NIPA Tables
The tables in this section include the most recent estimates of gross domestic product and its components;
these estimates were released on December 21, 2000, and include the "final" estimates for the third quarter of 2000.
The selected set of NIPA tables shown in this section presents quarterly estimates, which are updated monthly;
in most of these tables, annual estimates are also shown.
The news release on gross domestic product is available within minutes of the time of release, and the "Selected
NIPA Tables" are available later that day, on BEA's Web site <www.bea.doc.gov> and on STAT-USA's Web site
<www.stat-usa.gov>.
The "Selected NIPA Tables" are also available on printouts or diskettes from BEA. To order NIPA subscription
products, call the BEA Order Desk at 1-800-704-0415 (outside the United States, 202-606-9666).

S. Summary Tables.
Table S.1.—Summary of Percent Change From Preceding Period in Real
Gross Domestic Product and Related Measures

Table S.2.—Summary of Contributions to Percent Change in Real Gross
Domestic Product

[Percent]
Seasonally adjusted at annual rates
1998

1999

1999

Seasonally adjusted at annual rates

2000

1999

1999

III

4.4

4.2

2.5

5.7

8.3

4.8

5.6

2.2

Percent change at annual rate:

4.7
10.6
4.0
3.9

5.3
12.4
5.6
3.7

5.6
15.0
3.8
4.6

5.0
8.0
4.9
4.5

5.9
13.0
7.4
3.8

7.6
23.6
6.0
5.2

3.1
-5.0
3.6
4.6

4.5
7.6
4.7
3.7

Percentage points at annual
rates:

12.5
11.8
13.0
7.2
15.0
8.3

6.6
9.2
10.1
-1.4
14.1
6.4

0
8.7
9.6
-6.2
15.2
5.9

15.0
7.8
11.8
-6.2
18.0
-3.1

17.9
7.2
9.5
9.7
9.5
.5

5.1
16.4
21.0
22.3
20.6
3.2

21.7
11.2
14.6
4.4
17.9
1.3

1.8
3.1
7.7
14.6
5.6
-10.6

Net exports of goods and
services
Exports
Goods
Services
Imports
Goods
Services

2.3
2.2
2.4
11.9
11.8
12.2

2.9
4.0
.5
10.7
12.5
1.7

5.8
7.2
2.8
16.2
19.0
2.5

10.2
15.9
-2.5
16.9
19.0
6.3

10.3
12.6
4.6
10.7
11.2
8.2

6.3
6.0
6.9
12.0
11.2
16.6

14.3
19.0
3.5
18.6
20.0
10.6

13.9
21.0
-2.8
17.0
16.2
22.3

Government consumption
expenditures and gross
investment
Federal
National defense
Nondefense
State and local

2.1
-.5
-1.7
1.8
3.6

3.3
2.5
2.0
3.4
3.8

.8
2.0
-2.3
10.2
.1

4.8
6.9
12.3
-2.2
3.7

8.5
13.2
12.6
14.4
6.1

-1.1
-14.2
-19.8
-3.3

4.8
17.2
16.9
17.8
-1.1

-1.4
-9.0
-9.7
-7.9
2.9

Addenda:
Final sales of domestic
product
Gross domestic purchases ...,
Final sales to domestic
purchasers

4.2
5.5

4.6
5.2

4.0
3.8

6.7
5.6

3.9
6.5

2.4
3.0

5.4

5.6

5.2

7.5

4.7

3.2

Gross national product
Disposable personal income

4.2
4.8

4.1
3.2

2.3
2.8

5.1
1.9

5.6
3.7

2.1
2.6

Gross domestic product
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories

Gross domestic product

8.3
4.5

NOTE.—Percent changes from preceding period in the current-dollar and price measures for these series are
shown in table 8.1.




Personal consumption
expenditures
Durable goods
Nondurable goods
Services
Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Equipment and
software
Residential
Change in private
inventories

2000
IV

4.4

4.2

2.5

5.7

8.3

4.8

5.6

2.2

3.12
.81
.79
1.53

3.52
.96
1.10
1.46

3.67
1.14
.75
1.78

3.43
.64
.97
1.81

4.08
1.04
1.47
1.58

5.03
1.79
1.19
2.04

2.14
-.42
.74
1.83

2.99
.61
.93
1.46

2.06
1.87
1.54
.22

1.15
1.53
1.26
-.05

.01
1.43
1.18
-.20

2.50
1.33
1.47
-.19

3.04
1.26
1.22
.29

.92
2.68
2.54
.63

3.66
1.93
1.87
.14

.33
.55
1.02
.44

1.32
.33

1.30
.27

1.38
.25

1.66
-.13

.94
.03

1.91
.14

1.73
.06

.58
-.47

.20

-.37

-1.42

1.17

1.78

-1.76

1.73

-.22

Net exports of goods and
services
Exports
Goods
Services
Imports
Goods
Services

-1.20
.26
.18
.08
-1.46
-1.21
-.24

-1.03
.32
.30
.02
-1.35
-1.32
-.04

-1.35
.60
.51
.08
-1.95
-1.89
-.05

-1.08
1.05
1.13
-.08
-2.13
-1.99
-.13

-.37
1.09
.94
.15
-1.45
-1.28
-.17

-.94
.67
.46
.21
-1.61
-1.28
-.33

-1.00
1.48
1.37
.11
-2.48
-2.26
-.22

-.90
1.45
1.54
-.09
-2.35
-1.90
-.44

Government consumption
expenditures and gross
investment
Federal
National defense
Nondefense
State and local

.38
-.03
-.07
.04
.41

.84
.41
.46
-.05
.43

1.50
.79
.48
.30
.71

-.18
-.93
-.86
-.07
.75

.85
.97

.43

.13
.12
-.09
.21
.01

-.24
-.57
-.38
-.18
.33

.37
-.12

NOTE.—More detailed contributions to percent change in real gross domestic product are shown in table 8.2.
Contributions to percent change in major components of real gross domestic product are shown in tables 8.3
through 8.6.

January 2001

D-3

National Data

SURVEY OF CURRENT BUSINESS

1. National Product and Income.
Table 1.1 .—Gross Domestic Product

Table 1.2.—Real Gross Domestic Product

[Billions of dollars]

[Billions of chained (1996) dollars]

Seasonally adjusted at annual rates
1999

1999

Seasonally adjusted at annual rates

2000
IV

1998

I

IV

Gross domestic product 8,790.2 9,299.2 9,191.5 9,340.9 9,559.7 9,752.7 9,945.7 10,039.4
Personal consumption
expenditures

5,850.9 6,268.7 6,213.2 6,319.9 6,446.2 6,621.7 6,706.3 6,810.8

Durable goods
Nondurable goods
Services

824.7
693.9 761.3 756.3 767.2 787.6 826.3 814.3
1,707.6 1,845.5 1,825.3 1,860.0 1,910.2 1,963.9 1,997.6 2,031.5
3,449.3 3,661.9 3,631.5 3,692.7 3,748.5 3.831.6 3,894.4 3,954.6

Gross private domestic
investment

1,549.9 1,650.1 1,607.9 1,659.1 1,723.7 1.755.7 1,852.6

Fixed investment
1,472.9 1,606.8 1,593.4 1,622.4 1,651.0
1,107.5 1,203.1 1,188.0 1,216.8 1,242.2
Nonresidential
283.2 285.6 283.7 281.2 290.4
Structures
Equipment and
824.3 917.4 904.3 935.6 951.8
software
365.4 403.8 405.4 405.6 408.8
Residential
77.0 43.3 14.5 36.7 72.7
Change in private inventories
Net exports of goods and
services
Exports
Goods
Services
Imports
Goods
Services
Government consumption
expenditures and gross
investment
Federal
National defense
Nondefense
State and local

1,725.8 1,780.5 1,803.0
1,308.5 1,359.2 1,390.6
308.9 315.1 330.1
999.6 1,044.1 1,060.5
412.4
417.3 421.3
66.4
72.0
29.9

-151.5 -254.0 -240.4 -280.5 -299.1
966.0 990.2 973.0 999.5 1,031.0
682.0 699.2 682.1 708.9 734.6
284.0 291.0 290.9 290.7 296.4
1,117.5 1,244.2 1,213.4 1,280.0 1,330.1
930.5 1,048.6 1,020.4 1,081.7 1,127.3
187.0 195.6 193.0 198.3 202.8

-335.2 -355.4 -389.5
1,051.9 1,092.9 1,130.8
747.5 783.6 821.9
304.4 309.2 308.9
1,387.1 1,448.3 1,520.3
1,176.1 1,233.9 1,294.7
211.0 214.4 225.6

1,540.9 1,634.4 1,610.9 1,642.4 1,688.8
540.6 568.6 558.3 570.4 591.6
349.2 365.0 355.3 367.5 380.8
191.4 203.5 203.0 202.8 210.7
1,000.3 1,065.8 1,052.6 1,072.1 1,097.3

1,710.4 1,742.2 1,748.8
580.1
366.6

213.5

2000

1999

1999

604.5
381.9
222.6

1,130.4 1,137.7

594.2
375.0

219.2
1,154.6

Gross domestic product
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
Net exports of goods and
services
Exports
Goods
Services
Imports
Goods
Services
Government consumption
expenditures and gross
investment
Federal
National defense
Nondefense
State and local
Residual

I

8,515.7 8,875.8 8,783.2 8,905.8 9,084.1 9,191.8 9,318.9 9,369.5
5,678.7 5,978.8 5,940.2 6,013.8 6,101.0 6,213.5 6,260.6 6,329.8
886.7 903.2
727.3 817.8 810.5 826.2 851.8
1,684.8 1,779.4 1,765.0 1,786.1 1,818.1 1,844.8 1,861.1 1,882.6
3,269.4 3,390.8 3,373.4 3,411.1 3,443.0 3,487.2 3,526.7 3,559.3
1,566.8 1,669.7
1,485.3 1,621.4
1,140.3 1,255.3
263.0 259.2
879.0 1,003.1
346.1 368.3
80.2 45.3

1,623.1
1,607.1
1,237.5
258.7
985.0

1,680.8 1,751.6 1,773.6 1,863.0 1,871.1

1,637.8
1,272.5
254.6
1,026.6
370.9 368.0
13.1
39.1

1,666.6 1,730.9 1,777.6 1,791.3
1,301.8 1,365.3 1,412.5 1,438.8

260.6 274.0 277.0 286.6
1,050.1 1,100.4 1,146.6 1,162.4
368.5 371.4 372.6 362.3
80.9 36.6 78.6 72.5

-221.0 -322.4 -314.6 -342.6 -352.5 -376.8 -403.4 -427.7
1,003.6 1,033.0 1,017.6 1,042.6 1,068.4 1,084.8 1,121.8 1,158.8
723.6 752.2 735.7 763.4 786.5 798.1 833.5 874.2
280.3 281.7 282.3 280.5 283.7 288.5 291.0 288.9
1,224.6 1,355.3 1,332.2 1,385.2 1,420.9 1,461.7 1,525.2 1,586.4
1,032.0 1,161.1 1,139.9 1,190.5 1,222.5 1,255.3 1,313.9 1,364.0
192.6 195.9 193.7 196.7 200.6 208.4 213.7 224.8

1,486.4 1,536.1 1,519.9 1,537.8 1,569.5 1,565.1
526.9 540.1 532.1 541.0 558.1 537.1
341.7 348.5 340.3 350.4 360.9 341.5
185.2 191.5 191.6 190.5 197.1 195.4
959.2 995.6 987.5 996.4 1,011.2 1,027.4
.1 -5.2 -8.0
.5
-.6
2.8

1,583.7 1,578.2
558.8
355.1
203.6

545.8
346.2

-10.6

-11.2

199.4
1,024.6 1,031.9

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.
Percent changes from preceding period for selected items in this table are shown in table 8.1; contributions to
the percent change in real gross domestic product are shown in table 8.2.
Chain-type quantity indexes for the series in this table are shown in table 7.1.

D-4

• National Data

SURVEY OF CURRENT BUSINESS

January 2001

Table 1.3.—Gross Domestic Product by Major Type of Product

Table 1.4.—Real Gross Domestic Product by Major Type of Product

[Billions of dollars]

[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1998

1999

1999

2000

1999

2000

1999
IV

Gross domestic product
Final sales of domestic
product
Change in private inventories
Goods
Final sales
Change in private
inventories
Durable goods
Final sales
Change in private
inventories
Nondurable goods ....
Final sales
Change in private
inventories
Services
Structures
Addenda:
Motor vehicle output
Gross domestic product less
motor vehicle output

8,790.2 9,299.2 9,191.5 9,340.9 9,559.7 9,752.7 9,945.7 10,039.4

8,713.2 9,255.9 9,177.0 9,304.2 9,486.9 9,722.8 9,873.7 9,973.1
14.5
36.7 72.7 29.9 72.0
77.0 43.3
66.4
3,316.4 3,510.2 3,451.2 3,527.3 3,638.7 3,710.2 3,806.1 3,842.9
3,239.3 3,466.9 3,436.7 3,490.6 3,566.0 3,680.3 3,734.1 3,776.5
66.4
14.5 36.7 72.7 29.9 72.0
43.3
77.0
1,578.1 1,678.3 1,640.9 1,697.1 1,749.3 1,794.4 1,857.9 1,869.8
1,532.3 1,651.1 1,635.9 1,669.4 1,701.8 1,773.7 1,809.6 1,830.6
39.2
47.5 20.7 48.3
5.0
45.8 27.2
27.6
130.2 1,889.4 1,915.8 1,948.2 1,973.0
0.3 1,830.2
1,738.3 1,831.9 1,810.3
1,707.1 1,815.8 1,800.8 1,821.1 1,864.1 1,906.6 1,924.5 1,945.9
23.7
9.2
31.2 16.1
27.2
9.5
9.1 25.2
4,673.0 4,934.6 4,891.2 4,965.2 5,050.3 5,135.2 5,231.4 5,281.6
800.9 854.3 849.1 848.5 870.7 907.4 908.2 915.0
346.6

314.9

352.6

338.6

357.8

355.9

355.5

339.6

8,475.3 8,952.5 8,852.9 8,988.3 9,201.8 9,396.8 9,590.2 9,699.9

NOTE—Percent changes from preceding period for gross domestic product and for final sales of domestic product
are shown in table 8.1.

8,515.7 8,875.8 8,783.2 8,905.8 9,084.1 9,191.8 9,318.9 9,369.5

Gross domestic product
Final sales of domestic
product
Change in private inventories
Residual
Goods
Final sales
Change in private
inventories
Durable goods
Final sales
Change in private
inventories
Nondurable goods
Final sales
Change in private
inventories
Services
Structures
Residual
Addenda:
Motor vehicle output
Gross domestic product less
motor vehicle output

8,435.2 8,826.9 8,764.9 8,861.8 9,000.5 9,148.0 9,235.3 9,290.9
13.1 39.1 80.9 36.6 78.6 72.5
80.2 45.3
2.7
7.2
5.0
4.9
3.6
5.2
.3
6.1
3,340.0 3,543.8 3,475.6 3,565.3 3,684.4 3,741.9 3,818.8 3,857.8
3,258.7 3,495.7 3,459.8 3,522.4 3,599.6 3,699.5 3,733.9 3,778.3
80.2 45.3 13.1 39.1 80.9 36.6 78.6 72.5
1,638.4 1,780.6 1,735.4 1,805.5 1,867.8 1,919.7 1,984.1 1,995.7
1,591.2 1,752.5 1.730.9 1,776.9 1,818.2 1,899.0 1,933.9 1,955.2
28.2
5.2 28.6 48.9 21.2 49.5 40.2
46.9
1,704.3 1,769.1 1,745.0 1,766.9 1,824.2 1,832.3 1,847.8 1,874.4
1,670.2 1,749.3 1,734.6 1,752.7 1,788.9 1,811.5 1,813.1 1,836.2
17.1
15.5 29.5 32.5
7.9
33.3
10.5 32.1
4,427.1 4,563.3 4,537.8 4,581.1 4,631.0 4,659.3 4,718.8 4,733.6
751.8 776.5 774.7 768.1 781.9 804.9 798.8 797.6
-4.8 -11.1
-7.9 -12.1 -16.9 -19.6 -24.7 -25.8

317.9

348.2

341.6

352.0

359.0

355.2

359.3

339.1

8,198.2 8,528.8 8,442.6 8,555.1 8,726.5 8,833.7 8,964.3 9,029.8

NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-doliar estimates are usually not additive.
The residual line following change in private inventories is the difference between gross domestic product and the
sum of final sales of domestic product and of change in private inventories; the residual line following structures
is the difference between gross domestic product and the sum of the detailed lines of goods, of services, and
of structures.
Percent changes from preceding period for gross domestic product and for final sales of domestic product are
shown in table 8.1. Chain-type quantity indexes for the series in this table are shown in table 7.17.

Table 1.5.—Relation of Gross Domestic Product, Gross Domestic
Purchases, and Final Sales to Domestic Purchasers

Table 1.6.—Relation of Real Gross Domestic Product, Real Gross
Domestic Purchases, and Real Final Sales to Domestic Purchasers

[Billions of dollars]

[Billions of chained (1996) dollars]

Gross domestic
product
Less: Exports of goods
and services
Plus: Imports of goods
and services
Equals: Gross
domestic
purchases
Less: Change in
private inventories ...
Equals: Final sales to
domestic
purchasers

8,790.2 9,299.2 9,191.5 9,340.9 9,559.7 9,752.7 9,945.7 10,039.4
966.0

990.2

973.0

999.5 1,031.0 1,051.9 1,092.9 1,130.8

1,117.5 1,244.2 1,213.4 1,280.0 1,330.1 1,387.1 1,448.3 1,520.3
8,941.7 9,553.2 9,432.0 9,621.4 9,858.8 10,087.9 10,301.1 10,429.0
77.0

43.3

14.5

36.7

72.7

29.9

72.0

66.4

8,864.7 9,509.9 9,417.4 9,584.7 9,786.1 10,058.0 10,229.1 10,362.6

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Gross domestic product
Less: Exports of goods and
services
Plus: Imports of goods and
services
Equals: Gross domestic
purchases
Less: Change in private
inventories
Equals: Final sales to
domestic purchasers

8,515.7 8,875.8 8,783.2 8,905.8 9,084.1 9,191.8 9,318.9 9,369.5
1,003.6 1,033.0 1,017.6 1,042.6 1,068.4 1,084.8 1,121.8 1,158.8
1,224.6 1,355.3 1,332.2 1,385.2 1,420.9 1,461.7 1,525.2 1,586.4
8,727.9 9,179.1 9,079.6 9,226.7 9,414.1 9,543.6 9,694.3 9,766.0
80.2

45.3

13.1

39.1

80.9

36.6

78.6

72.5

8,647.2 9,130.3 9,061.5 9,182.8 9,330.4 9,499.9 9,610.5 9,687.3

NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
Percent changes from preceding period for selected series in this table are shown in table 8.1.
Chain-type quantity indexes for selected series in this table are shown in table 7.2.

Table 1.8—Real Gross Domestic Product by Sector
[Billions of chained (1996) dollars]

Table 1.7.—Gross Domestic Product by Sector
[Billions of dollars]
Gross domestic product 8,790.2 9,299.2 9,191.5 9,340.9 9,559.7
7,425.7 7,872.4 7,773.0 7,908.0 8,110.8
Business1
Nonfarm2
7,345.0 7,798.2 7,695.4 7,837.1 8,041.1
6,642.7 7,054.0 6,957.3 7,088.4 7,280.5
Nonfarm less housing
702.3 744.3 738.2 748.7 760.6
Housing
Farm
80.8 74.2 77.6 70.9 69.8
Households and institutions
385.1 401.7 399.9 403.2 407.4
Private households
9.5
14.0 11.5 12.2 11.0
392.2 397.9
Nonprofit institutions
371.2 390.3 387.7
3
1,029.7
1,041.4
General government
979.3 1,025.0 1,018.7
309.7 311.7
Federal
298.6 309.5 308.3 720.0 729.8
State and local
680.7 715.5 710.3
1. Equals
2. Equals
3. Equals
as shown in

9,752.7
8,277.9
8,207.0
7,431.1
775.9
71.0
412.0
9.1
402.9
1,062.7
322.9
739.8

9,945.7
8,449.9
8,375.0
7,589.9
785.0
74.9
418.2
9.3
408.9
1,077.6
328.6
749.0

10,039.4
8,526.9
8,454.2
7,660.3
793.9
72.8
425.1
9.5
415.7
1,087.4
328.6
758.8

gross domestic product less gross product of households and institutions and of general government.
gross domestic business product less gross farm product.
compensation of general government employees plus general government consumption of fixed capital
table 3.7.




Gross domestic product
Business1
Nonfarm2
Nonfarm less housing
Housing
Farm
Households and institutions ...
Private households
Nonprofit institutions
General government3
Federal
State and local
Residual
1. Equals
2. Equals
3. Equals
as shown in

8,515.7
7,215.9
7,114.7
6,452.5
662.6
100.2
371.7

13.3
358.4
928.7
286.4
642.2

.1

8,875.8
7,557.0
7,450.2
6,767.8
683.1
106.3
378.3
10.6
367.8
942.1
286.5
655.4

-1.7

8,783.2
7,467.0
7,357.3
6,678.6
679.3
111.4
377.7
11.3
366.4
939.7
286.0
653.5
-3.3

8,905.8
7,585.1
7,479.2
6,794.1
685.9
104.5
378.7

9,084.1 9,191.8
7,758.4 7,859.0
7,652.7 7,749.9
6,961.6 7,050.6
692.3 700.6
103.1 107.3
380.9 382.3
8.6
8.2
10.1
368.7 372.3 374.2
943.6 947.4 953.5
286.3 287.0 289.1
657.1 660.2 664.2
-.9 -1.0 -2.4

9,318.9
7,975.8
7,868.5
7,165.4
704.7
104.1
384.5
8.2
376.4
962.0
294.5
667.4
-1.8

9,369.5
8,021.9
7,912.9
7,206.7
707.9
106.2
386.5
8.3
378.3
964.6
292.9
671.6
-2.4

gross domestic product less gross product of households and institutions and of general government.
gross domestic business product less gross farm product.
compensation of general government employees plus general government consumption of fixed capital
table 3.8.

NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.
Chain-type quantity indexes for the series in this table are shown in table 7.14.

D-5

National Data

SURVEY OF CURRENT BUSINESS

January 2001

Table 1.9.—Relation of Gross Domestic Product, Gross National Product,
Net National Product, National Income, and Personal Income

Table 1.10.—Relation of Real Gross Domestic Product, Real Gross
National Product, and Real Net National Product

[Billions of dollars]

[Billions of chained (1996) dollars]

Seasonally adjusted at annual rates
1998

1999

1999

II
Gross domestic product
Plus: Income
rest of the
Less: Income
rest of the

receipts from the
world
payments to the
world

Equals: Gross national
product
Less: Consumption of fixed
capital
Private
Capital
consumption
allowances ....
Less: Capital
consumption
adjustment
Government
General
government ...
Government
enterprises ....
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
nQwrnonfc ^r\
payments 10
persons
Business transfer
payments to
persons

IV

III

Seasonally adjusted at annual rates

1999

2000

I

II

8,790.2 9,299.2 9,191.5 9,340.9 9,559.7 9,752.7

305.9

295.9

314.4

331.2

350.9

375.4

372.8

288.9

316.9

305.6

328.0

344.6

358.6

383.7

381.7

1,077.3 1,161.0 1,148.8 1,181.8 1,188.5 1,215.4
889.4
961.4
983.5 1,005.6
980.8
951.0

911.3

984.9

975.2 1,000.6 1,007.7 1,026.3

9,937.4 10,030.5

1,244.3
1,029.8

1,272.3
1,053.3

1,043.9

1,062.0

8.6

21.9
188.0

23.5
199.6

24.2
197.8

19.8
201.0

24.2
205.0

20.8
209.8

14.1
214.6

219.0

160.4

170.3

168.7

171.5

175.0

179.1

183.2

187.1

30.0

30.7

31.4

31.8

7,709.3 8,127.1 8,033.0 8,145.5 8,357.7 8,529.6

8,693.1

8,758.2

772.0
41.6
-101.8

27.5

29.3

29.1

29.5

679.6

718.1

707.9

721.6

745.5

755.9

764.6

38.0
-24.8

39.7
-71.9

39.3
-76.8

39.9
-89.5

40.6
-67.8

41.3
-77.7

42.0
-72.5

21.5

28.4

29.7

19.5

41.4

23.5

24.2

42.0

7,038.1 7,469.7 7,392.3 7,493.1 7,680.7 7,833.5

7,983.2

8,088.5

815.0
482.7

856.0
507.1

836.8
494.1

842.0
513.8

893.2
530.6

936.3
545.4

963.6
565.9

970.3
575.7

622.1

662.1

657.0

666.9

676.1

691.2

701.7

710.2

2.1

5.2

5.2

5.2

963.7

951.3

969.4

351.1

370.3

366.8

373.5

5.2

0

989.0 1,011.6
380.2

386.9

0
1,031.3
392.6

0
1,042.9
399.7

997.3 1,016.5

1,035.5

1,043.5

30.4

30.6

30.8

Equals: Personal income

7,391.0 7,789.6 7,729.7 7,828.5 7,972.3 8,105.8

8,242.1

8,349.0

Addenda:
Gross domestic income
Gross national income
Net domestic product

8,815.0 9,371.1 9,268.3 9,430.4 9,627.5 9,830.4 10,018.3 10,141.3
8,811.4 9,360.1 9,258.6 9,416.8 9,614.0 9,822.7 10,010.0 10,132.3
7,712.9 8,138.1 8,042.7 8,159.1 8,371.2 8,537.3 8,701.4 8,767.1




Gross domestic product
Plus: Income
rest of the
Less: Income
rest of the

receipts from the
world
payments to the
world

Equals: Gross national
product
Less: Consumption of fixed
capital
Private
Government
General
government
Government
enterprises

954.3

986.5

982.6

990.4

28.7

29.7

29.6

29.9

30.1

8,515.7 8,875.8 8,783.2 8,905.8 9,084.1

9,191.8 9,318.9 9,369.5

278.7

294.1

285.4

301.9

316.2

332.0

353.2

348.7

279.3

301.5

291.8

312.0

325.0

335.8

357.9

354.8

8,515.1 8,868.3 8,776.7 8,895.4 9,075.0 9,187.7 9,313.7 9,362.8

1,081.0 1,169.7 1,154.1 1,190.1 1,202.8. 1,229.1 1,256.0 1,283.0
959.9
974.1
993.3 1,003.2 1,026.7 1,050.7 1,074.8
894.5
194.4
197.0
199.7
195.8
186.6
202.7 205.6 208.6
159.7

167.8

166.6

168.8

171.2

26.9

28.0

27.9

28.2

28.5

173.7

Equals: Net national product

7,434.9 7,701.6 7,625.5 7,709.1 7,875.1

Addenda:
Gross domestic income'
Gross national income 2
Net domestic product

8,539.5
8,539.0
7,435.4

176.3

179.0

29.3
29.6
29.0
7,962.3 8,062.2 8,086.1

8,944.4 8,856.6 8,991.1 9,148.4 9,265.0
8,936.9 8,850.1 8,980.8 9,139.4 9,260.9
7,709.0 7,632.0 7,719.3 7,884.1 7,966.4

9,386.9 9,464.6
9,381.7 9,457.8
8,067.4 8,092.7

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Gross national income deflated by the implicit price deflator for gross national product.
NOTE—Except as noted in footnotes 1 and 2, chained (1996) dollar series are calculated as the product of
the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because
the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chaineddollar estimates are usually not additive.
The chain-type quantity index for gross national product is shown in table 7.3.

Table 1.11.—Command-Basis Real Gross National Product
[Billions of chained (1996) dollars]
Gross national product

940.8

2000

III

9,945.7 10,039.4

285.4

8,786.7 9,288.2 9,181.8 9,327.3 9,546.3 9,745.0

1999

Less: Exports of goods and
services and income receipts
from the rest of the world
Plus: Command-basis exports of
goods and services and
income receipts from the rest
of the w o r l d 1
Equals: Command-basis gross
national product
Addendum:
Terms of t r a d e 2

8,515.1 8,868.3

8,776.7 8,895.4 9,075.0 9,187.7 9,313.7 9,362.8

1,282.2 1,327.4 1,303.0 1,345.0 1,385.6 1,418.6 1,477.5

1,508.9

1,336.8 1,374.0 1,354.3 1,385.3 1,418.9 1,443.4 1,508.9 1,532.8

8,569.7 8,915.0
104.3

103.5

8,828.1

103.9

8,935.7 9,108.3 9,212.5 9,345.1
103.0

102.4

101.7

102.1

9,386.7

101.6

1. Exports of goods and services and income receipts deflated by the implicit price deflator for imports of goods
and services and income payments.
2. Ratio of the implicit price deflator for exports of goods and services and income receipts to the corresponding
implicit price deflator for imports divided by 100.
NOTE—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
Percent changes from preceding period for gross national product are shown in table 8.1.
Chain-type quantity indexes for the series in this table are shown in table 7.3.

D-6

• National Data

January 2001

SURVEY OF CURRENT BUSINESS

Table 1.16.—Gross Product of Corporate Business in Current Dollars
and Gross Product of Nonfinancial Corporate Business in Current and
Chained Dollars

Table 1.14.—National Income by Type of Income
[Billions of dollars]
Seasonally adjusted at annual rates
1998

1999

1999

IV
National income

Seasonally adjusted at annual rates

2000
1998

I

Rental income of persons with
capital consumption
adjustment
Rental income of persons
Capital consumption
adjustment
Corporate profits with
inventory valuation and
capital consumption
adjustments
Corporate profits with
inventory valuation
adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits ...
Inventory valuation
adjustment
Capital consumption
adjustment
Net interest
Addenda:
Corporate profits after tax with
inventory valuation and
capital consumption
adjustments
Net cash flow with inventory
valuation and capital
consumption adjustments ...
Undistributed profits with
inventory valuation and
capital consumption
adjustments
Consumption of fixed
capital
Less: Inventory valuation
adjustment
Equals: Net cash flow




2000

1999

7,038.1 7,469.7 7,392.3 7,493.1 7,680.7 7,833.5 7,983.2 8,088.5

Compensation of employees ... 4,984.2 5,299.8 5,255.4 5,340.9 5,421.1 5,512.2 5,603.5 5,679.6
4,192.8 4,475.1 4,435.5 4,512.2 4,583.5 4,660.4 4,740.1 4,804.9
Wage and salary accruals
692.7 724.4 720.3 727.5 734.5 749.9 760.2 765.4
Government
,784.7 3,849.0 3,910.5
3,500.1 3,750.7 3,715.2
,715.2 3,784.7
1,910.5 3,980.0
1,980.0 4,039.5
Other
Supplements to wages and
791.4 824.6
819.9 828.7 837.7 851.8 863.3 874.7
salaries
Employer contributions for
321.2 325.9
330.3 337.8 342.9 347.1
305.9 323.6
social insurance
507.4 514.0 520.5 527.6
485.5 501.0 498.7 502.8
Other labor income
Proprietors' income with
inventory valuation and
capital consumption
adjustments
Farm
Proprietors' income with
inventory valuation
adjustment
Capital consumption
adjustment
Nonfarm
Proprietors' income
Inventory valuation
adjustment
Capital consumption
adjustment

1999

663.5
25.3

660.4
29.0

659.7

689.6

693.9

709.5

15.5

31.7

19.1

21.5

724.8
31.7

33.1

33.6

37.0

24.8

39.8

27.4

29.9

40.3

-7.6
595.2
545.1

-8.3
638.2
586.9

-8.0
631.4
581.0

-9.3
644.2
593.7

-8.1
657.9
605.7

-8.3
674.8
624.1

-8.4
688.1
635.2

-8.6
693.1
639.6

1.4

-1.4

-2.0

-2.6

-1.7

-2.9

-.9

-.7

48.7

52.7

52.4

53.1

53.9

53.6

53.8

54.2

135.4
187.6

143.4

145.7
200.2

136.6
196.3

146.2
202.3

145.6
203.1

140.8

199.4

198.8

138.1
196.6

-52.2

-56.0

-54.5

-59.7

-56.1

-57.5

-58.0

-58.5

620.7
25.4

815.0

856.0

842.0

893.2

936.3

963.6

970.3

775.1
758.2
244.6
513.6
351.5
162.1

813.9
823.0
255.9
567.1
370.7
196.4

795.6
804.5
250.8
553.7
367.2
186.5

799.3
819.0
254.2
564.8
373.9
190.9

851.5
870.7
270.8
599.9
380.6
219.3

895.7
920.7
286.3
634.4
387.3
247.1

928.8
942.5
292.0
650.4
393.0
257.4

940.5
945.1
290.6
654.4
400.1
254.4

17.0

-9.1

-8.9

-19.7

-19.2

-25.0

-13.6

-4.5

39.9

42.1

41.2

42.7

41.6

40.6

34.7

29.7

482.7

507.1

494.1

513.8

530.6

545.4

565.9

575.7

570.4

600.1

585.9

587.9

622.3

650.0

843.2

906.3

889.4

901.7

936.5

974.2 1,009.5 1,029.6

218.9

229.4

218.7

214.0

241.7

262.7

278.5

279.6

624.3

676.9

670.7

687.7

711.5

731.1

750.0

17.0
826.2

-9.1
915.4

-8.9
898.4

-19.7
921.3

-19.2
955.8

671.5

679.7

-4.5
-25.0 -13.6
999.2 1,023.2 1,034.2

Billions of dollars

Gross product of
corporate business
Consumption of fixed capital

5,339.3 5,692.5 5,631.0 5,722.6 5,852.7 5,975.9 6,094.7 6,175.9
624.3

676.9

670.7

687.7

711.5

Net product
4,715.0 5,015.6 4,960.3 5,034.9 5,157.9
Indirect business tax and
nontax liability plus
business transfer payments
less subsidies
523.3 517.8 523.3 542.9
494.9
Domestic income
4,220.1 4,492.3
492.3 4,442.5 4,511.5
,511.5 4,614.9
,614.9
Compensation of
employees
3,351.4 3,585.2 3,551.8 3,617.3 3,677.1
Wage and salary
accruals
2,870.6 3,082.1 3,050.8 3,111.6 3,167.5
Supplements to wages
and salaries
480.8
503.1 501.0 505.7 509.6
Corporate profits with
inventory valuation and
capital consumption
adjustments
711.5 744.6 730.8
730.1 772.7
Profits before tax
654.7 711.6 698.6 707.0 750.2
Profits tax liability
244.6 255.9 250.8 254.2 270.8
Profits after tax
410.1
455.7 447.7 452.9 479.4
312.4 328.9 335.7 331.1 338.7
Dividends
140.7
97.7
126.7
112.1
121.8
Undistributed profits
Inventory valuation
adjustment
17.0
-9.1
-8.9 -19.7 -19.2
Capital consumption
adjustment
42.1
42.7
39.9
41.2
41.6
Net interest
157.1
162.5 160.0 164.2 165.2
Gross product of
financial corporate
business
Gross product of
nonfinancial corporate
business
Consumption of fixed capital
Net product
Indirect business tax and
nontax liability plus
business transfer payments
less subsidies
Domestic income
Compensation of
employees
Wage and salary
accruals
Supplements to wages
and salaries
Corporate profits with
inventory valuation and
capital consumption
adjustments
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation
adjustment
Capital consumption
adjustment
Net interest

611.2

4,728.1

643.7

631.3

642.0

660.8

731.1

750.0

5,264.5 5,363.7 5,425.8

554.5
561.1 564.1
4,710.0 4,802.5 4,861.7
3,733.0 3,797.1 3,852.8
3,213.3 3,270.4 3,319.1
519.7

526.7

533.7

807.4
791.8
286.3
505.5
345.3
160.2

829.3
808.2
292.0
516.1
347.9
168.3

828.1
802.9
290.6
512.3
354.7
157.6

-25.0

-13.6

-4.5

40.6
169.6

34.7
176.2

29.7
180.8

675.7

680.7

695.8

5,048.8 4,999.7 5,080.6 5,191.9 5,300.3 5,414.0 5,480.1
564.5

526.8

579.2

584.0

597.5

613.4

628.8

4,201.3 4,479.3 4,435.2 4,501.4 4,607.9 4,702.7 4,800.7 4,851.3

456.5 482.5 477.3 482.3 501.1 511.7 517.8 520.6
,744.9 3,996.8 3,958.0 4,019.0
3,744.9
,019.0 4,106.8 4,191.0 4,282.9 4,330.7
3,055.1 3,267.0 3,236.5 3,295.8

3,352.2 3,401.6 3,460.0 3,510.7

2,612.8 2,804.4 2,775.5 2,830.9

2,884.0 2,923.7 2,975.7 3,020.0

442.3

462.7

460.9

464.9

468.3

477.9

484.4

490.7

560.4
489.9
159.4
330.5
240.5
90.0

588.5
539.5
166.6
373.0
250.9
122.1

586.0
538.1
167.2
370.9
256.3
114.6

579.1
539.9
167.1
372.8
252.1
120.6

602.0
563.0
173.5
389.5
257.5
132.0

632.8
599.9
186.0
413.8
262.5
151.3

660.1
620.1
193.5
426.7
264.5
162.2

653.0
607.4
188.3
419.2
269.7
149.5

17.0

-9.1

-8.9

-19.7

-19.2

-25.0

-13.6

-4.5

53.5
129.4

58.0
141.3

56.9
135.5

58.9
144.1

58.2
152.6

57.9
156.6

53.7
162.7

50.1
167.0

Billions of chained (1996) dollars

Gross product of
nonfinancial corporate
business

4,679.9 4,957.1 4,904.4 4,987.0 5,093.6 5,171.0 5,251.2 5,308.1

Consumption of fixed capital' ....
533.9 586.7 577.9 597.2 607.3 623.1 639.2 655.4
Net product 2
4,146.0 4,370.4 4,326.6 4,389.8 4,486.3 4,547.9 4,612.0 4,652.7
1. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product
of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100.
2. Chained-dollar net product of nonfinancial corporate business is the difference between the gross product and
the consumption of fixed capital.

SURVEY OF CURRENT BUSINESS

January 2001

D-7

National Data

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
1998

1999

1999

Seasonally adjusted at annual rates

2000

1998
Personal income
Wage and salary
disbursements
Private industries
Goods-producing
industries
Manufacturing
Distributive industries
Service industries
Government

7,391.0 7,789.6 7,729.7 7,828.5 7,972.3 8,105.8 8,242.1

1,038.6 1,089.2 1,081.6 1,097.8 1,111.2 1,130.9 1,147.1 1,161.4
777.4
756.6
782.4
789.0
795.1
802.8
813.1
821.4
949.1 1,020.3 1,009.9 1,029.9 1,049.4 1,070.9 1,095.7 1,118.1
1,510.3 1,636.0 1,618.6 1,651.8 1,683.2 1,708.6 1,737.2 1,760.1
692.7 724.4 720.3 727.5 734.5 749.9 760.2 765.4
485.5

501.0

498.7

502.8

Proprietors' income with
inventory valuation and
capital consumption
adjustments
Farm
Nonfarm

620.7
25.4
595.2

663.5
25.3
638.2

660.4

659.7

29.0
631.4

15.5
644.2

507.4

31.7
657.9

514.0

520.5

527.6

693.9

709.5
21.5
688.1

724.8
31.7
693.1

19.1
674.8

Personal consumption
expenditures
Durable goods
Motor vehicles and parts
Furniture and household
equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline, fuel oil, and other
energy goods
Gasoline and oil
Fuel oil and coal
Other
Services

Rental income of persons
with capital consumption
adjustment

135.4

143.4

145.7

136.6

146.2
380.2

Personal dividend income ...

351.1

370.3

366.8

373.5

Personal interest income

940.8

963.7

951.3

969.4

145.6

140.8

138.1

386.9

392.6

399.7

1,011.6 1,031.3 1,042.9

Transfer payments to
persons
Old-age, survivors,
disability, and health
insurance benefits
Government unemployment
insurance benefits
Veterans benefits
Other transfer payments ....
Family assistance ]
Other
Less: Personal
contributions for social
insurance

983.0 1,016.2 1,012.2 1,020.3

1,027.4

578.0

588.0

586.1

589.7

592.8

19.5
23.4

362.0
17.0
345.0

20.3
24.3
383.6
17.8
365.8

20.6
24.2
381.3
17.6
363.7

20.2
24.4
386.1
17.9
368.2

316.2

338.5

345.9

335.8

341.0

1,046.9 1,066.1

1,074.2

607.9

624.3

627.2

20.1
24.5

20.1
24.9

390.1
18.1
371.9

393.9
18.3
375.6

19.4
24.9
397.5
18.5
379.0

19.9
25.1
402.0
18.7
383.2

353.4

358.8

363.1

1,070.9 1,152.0 1,133.4 1,164.0 1,197.3 1,239.3 1,277.2 1,308.1

Equals: Disposable personal
income

6,320.0 6,637.7 6,596.3 6,664.5 6,775.0 6,866.5 6,964.9 7,040.9

Less: Personal outlays

6,054.7 6,490.1

Personal consumption
expenditures
Interest paid by persons
Personal transfer payments to
the rest of the world (net)
Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of chained
(1996) dollars 2
Per capita:
Current dollars
Chained (1996) dollars
Population (mid-period,
millions)
Personal saving as a
percentage of disposable
personal income

7,054.7

5,850.9 6,268.7 6,213.2 6,319.9 6,446.2 6,621.7 6,706.3 6,810.8
192.9 196.8 200.2 205.3 209.7 214.4
179.8
194.8

Addenda:
Energy goods and services l
Personal consumption
expenditures less food and
energy

26.6

26.7

26.6

27.6

28.5

28.3

29.5

265.4

147.6

163.6

121.1

101.0

11.0

20.6

-13.8

6,134.1 6,331.0 6,306.6 6,341.7 6,412.2

23,359
22,672

6,443.1

6,502.0 6,543.7

24,314 24,196 24,384 24,728 25,014 25,322 25,535
23,191 23,133 23,203 23,404 23,472 23,639 23,732

270.6

273.0

272.6

273.3

274.0

4.2

2.2

2.5

1.8

1.5

274.5

275.1

NOTE.—Percent changes from preceding period for disposable personal income are shown in table 8.1.

693.9

761.3

756.3

767.2

787.6

826.3

814.3

824.7

288.8

320.7

321.8

323.2

330.3

349.3

335.5

341.4

266.1
139.0

288.5
152.0

284.7
149.8

291.0
153.0

298.8
158.5

309.7
167.3

311.1
167.7

314.1
169.3

1,707.6 1,845.5 1,825.3 1,860.0 1,910.2 1,963.9 1,997.6 2,031.5
845.8
286.4

897.8
307.0

886.6
306.1

900.4
308.7

926.1
311.9

938.4
323.1

948.3
325.6

959.9
330.9

128.0
115.2
12.8
447.4

142.7
128.3

141.3
127.3
14.0
491.3

148.5
133.4
15.1
502.4

157.6
142.0
15.6
514.6

172.9

182.0
163.3
18.7
541.7

185.8
165.5
20.3
554.9

14.4
498.0

154.5
18.5
529.5

3,449.3 3,661.9 3,631.5 3,692.7 3,748.5 3,831.6 3,894.4 3,954.6
858.2
345.6
128.5
217.1
244.5
898.6
218.7
883.7

906.2
360.2
128.9
231.3
256.5
943.6
237.1
958.4

900.8
357.2
127.4
229.7
254.7
935.9
234.8
948.0

911.6
366.7
133.7
232.9
258.1
950.0
240.5
965.8

936.7
962.2
923.5
950.0
385.7
363.0
369.0
380.6
141.1
126.7
138.4
129.5
244.5
236.3
242.2
239.5
275.5
262.3
272.8
267.4
964.0
989.6 1,005.6
979.3
244.5
260.7
268.5
253.0
991.2 1,026.3 1,040.8 1,057.2

256.5

271.6

268.7

282.2

284.4

302.4

320.4

326.9

4,748.6 5,099.3 5,057.9 5,137.3 5,235.8 5,380.9 5,437.6 5,524.1

1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas.

[Billions of chained (1996) dollars]
Personal consumption
expenditures
Durable goods
Motor vehicles and parts
Furniture and household
equipment
Other
Nondurable goods

24.0

275.7

-.2

1. Consists of aid to families with dependent children and, beginning with 1996, assistance programs operating
under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996.
2. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditures.




Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other

5,850.9 6,268.7 6,213.2 6,319.9 6,446.2 6,621.7 6,706.3 6,810.8

Table 2.3.—Real Personal Consumption Expenditures by Major Type of
Product

Less: Personal tax and nontax
payments

6,432.8 6,543.3 6,674.1 6,855.6 6,944.3

2000

8,349.0

4,190.7 4,470.0 4,430.4 4,507.0 4,578.3 4,660.4 4,740.1 4,804.9
3,498.0 3,745.6 3,710.0 3,779.6 3,843.8 3,910.5 3,980.0 4,039.5

Other labor income

1999

1999

Food
Clothing and shoes
Gasoline, fuel oil, and other
energy goods
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other
Residual
Addenda:
Energy goods and services'
Personal consumption
expenditures less food and
energy

5,678.7 5,978.8 5,940.2 6,013.8 6,101.0

6,213.5

6,260.6 6,329.8

727.3

817.8

810.5

826.2

851.8

898.2

886.7

903.2

291.7

323.0

325.3

324.9

330.9

351.8

335.9

342.0

294.4
141.5

338.7
157.3

331.7
154.1

343.9
158.9

358.2
164.9

374.1
174.0

379.3
175.0

387.2
177.6

1,684.8 1,779.4 1,765.0 1,786.1 1,818.1 1,844.8 1,861.1 1,882.6
812.8
292.2

845.9
318.5

838.0
316.5

846.7
322.1

866.0
322.1

872.2
337.7

876.5
342.3

879.1
350.2

145.1
131.2
14.0
434.9

149.6
134.2
15.5
466.0

150.0
134.3
15.7
461.3

149.6
133.6
16.0
468.5

151.5
136.2
15.3
478.7

145.8
131.2
14.7
490.6

147.5
132.2
15.3
496.5

149.5

3,269.4

133.8
15.8
505.9

3,390.8 3,373.4 3,411.1 3,443.0 3,487.2 3,526.7 3,559.3
825.7
355.9
130.2
225.6
239.7
878.1
216.3
857.1

830.7
364.7
135.5
229.1
242.7
885.6
220.1
867.0

-9.4

-11.5

841.4
364.7
130.0
234.4
247.5
897.4
227.3
907.4|

847.0
374.8
136.5
238.1
249.9
903.8
232.2
918.0

851.7
375.2
133.9
241.1
250.8
909.1
236.7
934.3

-18.2

-17.9

-19.4

275.4

283.0

282.9

4,590.4 4,851.4 4,821.2 4,881.3 4,954.3 5,064.4 5,099.5

5,166.5

807.7
343.0
130.0
213.0
233.1
859.8
206.8
818.6
-3.0

275.1

828.3
358.0
130.9
226.9
241.2
881.7
217.8
863.1
-10.2

280.4

836.5
359.3
127.7
231.2
245.0
892.8
222.2
886.1
-12.8

280.0

284.9
279.2

1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas.
NOTE.-Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.
Chain-type quantity indexes for the series in this table are shown in table 7.4.
Contributions to the percent change in real personal consumption expenditures are shown in table 8.3.

D-8

• National Data

SURVEY OF CURRENT BUSINESS

January 2001

3. Government Current Receipts and Expenditures.
Table 3.1 .—Government Current Receipts and Expenditures
[Billions of dollars]
Seasonally adjusted at annual rates
1998

1999

2000

1999

IV
Current receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance
Current expenditures
Consumption expenditures

I

III

2,617.2 2,788.0 2,749.1 2,806.6 2,889.8 2,972.8 3,035.6 3,081.0
1,070.9 1,152.0 1,133.4 1,164.0 1,197.3 1,239.3 1,277.2 1,308.1
244.6 255.9 250.8 254.2 270.8 286.3 292.0 290.6
679.6 718.1 707.9 721.6 745.5 755.9 764.6 772.0
622.1 662.1 657.0 666.9 676.1 691.2 701.7 710.2
2,526.5 2,613.5 2,593.6 2,612.0 2,679.8 2,684.9 2,734.5 2,764.4
1,262.1 1,325.7 1,307.4 1,334.4 1,364.5 1,376.2 1,410.3 1,415.2

Transfer payments (net)
To persons
To the rest of the world (net)

965.1
954.3
10.8

998.1
986.5
11.6

992.5
982.6
10.0

999.5 1,016.2 1,024.8 1,044.7 1,054.9
990.4 997.3 1,016.5 1,035.5 1,043.5
9.1
9.1
11.4
18.9
8.3

Net interest paid
Interest paid
To persons and business
To the rest of the world
Less: Interest received by government

278.2
371.2
280.1
91.1
93.0

261.7
357.0
261.8
95.1
95.2

264.3
358.9
266.3
92.6
94.6

258.9
354.3
257.8
96.6
95.5

Less: Dividends received by government
Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises
Less: Wage accruals less disbursements
Current surplus or deficit (-), national income and product accounts
Social insurance funds
Other
Addenda:
Net lending or net borrowing (-)
Current surplus or deficit (-), national income and product accounts
Plus: Consumption of fixed capital
Plus: Capital transfers received (net)
Less: Gross investment
Less: Net purchases of nonproduced assets




258.2
355.1
254.5
100.6
96.9

260.8
360.6
256.3
104.3
99.8

255.7
358.0
250.4
107.6
102.2

252.8
354.2
244.7
109.5
101.4

.4

.4

.4

.4

.4

.4

.4

.4

21.5
35.0
13.5

28.4
43.9
15.6

29.7
45.0
15.3

19.5
35.3
15.8

41.4
57.7
16.3

23.5
40.7
17.3

24.2
41.6
17.4

42.0
59.1
17.1

90.7

174.4

155.5

194.7

210.0

287.9

301.1

316.6

57.3
33.4

90.3
84.1

85.7
69.7

94.3
100.4

102.7
107.2

106.1
181.8

103.6
197.4

111.2
205.3

30.2
90.7
188.0
32.4
278.8
2.1

94.9
174.4
199.6
36.8
308.7
7.2

79.4
155.5
197.8
36.6
303.5
6.9

115.8
194.7
201.0
36.2
308.0
8.1

121.7
210.0
205.0
39.2
324.4
8.0

192.0
287.9
209.8
37.1
334.2
8.6

212.6
301.1
214.6
36.2
331.9
7.5

228.3
316.6
219.0
36.4
333.6
10.0

0

0

0

0

0

SURVEY OF CURRENT BUSINESS

January 2001

Table 3.2.—Federal Government Current Receipts and Expenditures

D-9

National Data

Table 3.3.—State and Local Government Current Receipts and
Expenditures

[Billions of dollars]

[Billions of dollars]
Seasonally adjusted at annual rates
1999

1999

Seasonally adjusted at annual rates

2000
1998

Current receipts

913.7

938.2
928.4

9.4

904.1
9.6

214.9
24.5
190.4

217.8
25.2
192.6

232.3
27.7
204.6

245.7
29.2
216.5

250.5
29.3
221.3

249.4
30.0
219.4

100.5
65.6
19.2
15.8

98.9
65.6
18.0
15.3

101.4
66.0
19.7
15.6

103.9
66.2
20.8
16.9

106.8
70.1
19.4
17.3

108.9
70.0
21.8
17.2

108.9
69.2
22.0
17.6

652.5

647.4

657.4

666.6

681.5

691.8

700.2

836.0
827.5
8.5

902.2
892.7

9.5

Corporate profits tax accruals ....
Federal Reserve banks
Other

209.5
26.6
182.9

219.3
25.4
193.9

Indirect business tax and nontax
accruals
Excise taxes
Customs duties
Nontaxes

96.4
61.5
19.6
15.4

Current expenditures

612.1
1,705.0

888.5
879.0

9.8

978.0 1,003.6 1,030.9
968.2 993.7 1,020.8
9.8
10.1

1,750.2 1,732.2 1,743.1 1,797.7 1,776.0 1,813.9 1,836.0

Consumption expenditures

453.7

470.8

460.2

471.3

487.0

478.7

Transfer payments (net)
To persons
To the rest of the world (net)

731.0
720.2

746.1
734.5

10.8

11.6

742.8
732.9
10.0

745.0
735.9
9.1

757.7
738.8
18.9

763.2
754.9
8.3

Qrants-in-aid to State and local
governments
Net interest paid
Interest paid
To persons and business
To the rest of the world
Less: Interest received by
government
Subsidies less current surplus of
government enterprises
Subsidies
Less: Current surplus of
government enterprises
Less: Wage accruals less
disbursements
Current surplus or deficit
(-), national income
and product accounts
Social insurance funds
Other

489.9

779.0
769.9
9.1

785.2
773.8
11.4

209.1

229.3

221.4

234.0

238.8

235.0

240.9

251.2

278.8
297.4
206.2

264.7
281.8
186.7

262.2
279.0
182.4

91.1

95.1

267.1
284.0
191.3
92.6

96.6

261.8
279.4
178.8
100.6

265.0
284.5
180.2
104.3

260.3
281.5
173.9
107.6

257.2
277.4
167.9
109.5

18.5

17.1

16.9

16.8

17.6

19.6

21.2

20.2

32.4
34.5

39.3
43.5

40.7
44.6

30.5
34.8

52.3
57.2

34.1
40.3

34.6
41.1

52.4
58.6

2.2

0

4.2

0

3.9
0

4.3

0

4.9
0

6.2

0

6.5

0

6.1
0

49.0

124.4

117.5

147.3

143.3

235.8

240.9

253.3

56.9
-7.9

90.7
33.7

86.1
31.4

94.8
52.5

103.3
40.0

106.6
129.3

104.1
136.9

111.6
141.7

52.6

117.1

108.7

135.6

131.6

224.4

227.0

240.6

49.0

124.4

147.3

143.3

235.8

240.9

253.3

88.4

92.8

93.4

95.0

97.2

98.9

100.8

-3.6
86.9

-3.2
97.8

-3.8
98.1

-5.9
99.0

-2.4
104.5

-7.0
101.3

-8.3
105.5

-7.7
104.3

-5.7

-.8

-1.1

Addenda:
Net lending or net borrowing
Current surplus or deficit
(-), national income and
product accounts
Plus: Consumption of fixed
capital
Plus: Capital transfers
received (net)
Less: Gross investment
Less: Net purchases of
nonproduced assets




2000

1,754.0 1,874.6 1,849.6 1,890.3 1,941.0 2,011.9 2,054.8 2,089.4

Personal tax and nontax receipts
Income taxes
Nontaxes

Contributions for social insurance

1999

1999

117.5

-.2

1.6

Current receipts

1,072.3 1,142.7 1,120.8

1,150.3 1,187.6 1,195.9 1,221.7 1,242.8

Personal tax and nontax receipts
Income taxes
Nontaxes
Other

234.9
182.8
33.1
19.1

249.7
194.8
35.1
19.8

244.9
190.3
34.9
19.7

250.3
195.0
35.4
19.9

259.2
203.2
35.9
20.1

261.4
204.6
36.5
20.3

273.6
216.1
37.0
20.5

277.2
219.0
37.6
20.6

Corporate profits tax accruals ....

35.1

36.6

35.9

36.3

38.5

40.6

41.5

41.2

Indirect business tax and nontax
accruals
Sales taxes
Property taxes
Other

583.1
284.9
229.2
69.0

617.5
307.1
238.5
71.9

609.1
302.8
237.3

620.2
310.8
239.7
69.7

641.6
318.3
242.1

649.2
327.4
244.8
77.0

655.7
329.8
247.5

663.2
334.0
249.8
79.4

10.0

9.6

209.1

229.3

Contributions for social insurance
Federal grants-in-aid
Current expenditures

1,030.6

68.9
9.6
221.4

9.5
234.0

81.2
9.5
238.8

9.7
235.0

78.5
9.9
240.9

10.0
251.2

1,092.7 1,082.9 1,102.9 1,121.0 1,143.9
1,179.6
1,161.6
855.0 847.2 863.1 877.4 897.5 911.3 925.2

Consumption expenditures

808.4

Transfer payments to persons ...

234.1

252.0

249.7

254.5

258.5

261.6

-.6
73.9

-3.0
75.1

-2.7
75.0

-3.3
75.3

-3.6
75.7

-4.2
76.1

-4.6
76.4

-4.4
76.8

74.5

78.1

77.7

78.6

79.3

80.2

81.0

81.2

-10.9
.4

-11.0
.5

-11.0
.5

-11.0
.5

-10.9
.5

-10.6
.5

-10.4
.5

-10.5
.5

11.3

11.4

11.4

11.4

11.4

11.1

10.9

11.0

Net interest paid
Interest paid
Less: Interest received by
government

265.6

269.6

Less: Dividends received by
government
Subsidies less current surplus of
government enterprises
Subsidies
Less: Current surplus of
government enterprises
Less: Wage accruals less
disbursements
Current surplus or deficit
(-), national income
and product accounts
Social insurance funds
Other

0

41.7

50.0

38.0

47.4

66.6

52.0

.4
41.3

-.4
50.4

-.4
38.3

-.5
47.9

-.6
67.2

-.5
52.5

-.4
60.6

-.4
63.6

-22.4

-22.1

-29.3

-19.9

-9.9

-32.3

-14.4

-12.3

63.2

Addenda:
Net lending or net borrowing
Current surplus or deficit
(-), national income and
product accounts
Plus: Consumption of fixed
capital
Plus: Capital transfers
received (net)
Less: Gross investment
Less: Net purchases of
nonproduced assets

41.7

50.0

38.0

47.4

66.6

52.0

60.1

63.2

99.5

106.8

105.8

107.7

109.9

112.7

115.6

118.2

36.0
191.9

40.0
210.9

40.4
205.4

42.1
209.0

41.6
219.8

44.2
232.9

44.5
226.4

44.1
229.3

7.7

8.1

8.0

8.1

8.2

8.3

8.4

8.4

D-10

• National Data

January 2001

SURVEY OF CURRENT BUSINESS

Table 3.7—Government Consumption Expenditures and Gross
Investment by Type

Table 3.8.—Real Government Consumption Expenditures and Gross
Investment by Type

[Billions of dollars]

[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1998

1999

2000

1998

Government consumption
expenditures and
gross investment1
1,540.9 1,634.4 1,610.9 1,642.4 1,688.8 1,710.4 1,742.2 1,748.8
Federal

540.6

568.6

558.3

570.4

591.6

580.1

604.5

594.2

National defense
Consumption expenditures
Durable goods2
Nondurable goods
Services
Compensation of
general government
employees, except
own-account
investment3
Consumption of
general government
fixed capital4
Other services
Gross investment
Structures
Equipment and software

349.2
299.7
21.3
7.0
271.5

365.0
311.2
22.4
8.1
280.7

355.3
302.2
22.6
7.6
271.9

367.5
312.2
24.0
10.0
278.2

380.8
324.7
22.3
8.6
293.8

366.6
311.2
22.4
10.8
277.9

381.9
325.7
22.2
10.5
292.9

375.0
319.6
21.9
10.1
287.7

131.1

133.2

132.9

133.4

132.8

137.0

137.2

138.9

62.3
78.1
49.5
5.4
44.0

63.1
84.4
53.8
5.3
48.5

62.9
76.2
53.1
5.4
47.8

63.2
81.6
55.4
5.3
50.1

63.8
97.2
56.1
5.2
50.8

64.5
76.4
55.4
4.7
50.6

65.0
90.8
56.2
4.5
51.7

65.6
83.1
55.4
4.6
50.8

Nondefense
Consumption expenditures
Durable goods2
Nondurable goods
Commodity Credit
Corporation
inventory change ...
Other nondurables
Services
Compensation of
general government
employees, except
own-account
investment3
Consumption of
general government
fixed capital4
Other services
Gross investment
Structures
Equipment and software

191.4
154.0
-.2
8.9

203.5
159.6
1.3
9.4

203.0
158.0
1.3
9.0

202.8
159.1
1.2
9.0

210.7
162.3
1.3
10.4

213.5
167.5
1.3
9.7

222.6
173.3
1.3
9.5

219.2
170.3
1.1
10.1

.6
8.3
145.3

1.1
8.2
148.9

.7
8.2
147.7

.7
8.2
149.0

2.0
8.4
150.7

1.1
8.7
156.5

1.0
8.5
162.5

1.5
8.6
159.1

82.3

87.2

86.7

86.5

87.8

92.9

97.0

93.5

21.2
41.8
37.4
11.1
26.3

24.2
37.5
44.0
11.0
33.0

23.7
37.2
45.0
10.5
34.5

24.6
38.0
43.7
10.6
33.1

25.5
37.4
48.5
11.6
36.8

26.6
36.9
46.0
10.9
35.1

27.7
37.7
49.3
10.6
38.7

1999

2000

1999

Government consumption
expenditures and
1,486.4 1,536.1 1,519.9 1,537.8 1,569.5 1,565.1 1,583.7 1,578.2
gross investment1
Federal

526.9

540.1

532.1

541.0

558.1

537.1

558.8

545.8

National defense
Consumption expenditures
Durable goods2
Nondurable goods
Services
Compensation of
general government
employees, except
own-account
investment3
Consumption of
general government
fixed capital4
Other services
Gross investment
Structures
Equipment and software

341.7
290.7
21.5
8.0
261.3

348.5
293.8
22.7
8.9
262.5

340.3
286.4
22.9
8.7
255.1

350.4
294.1
24.4
10.6
259.7

360.9
304.0
22.5
8.7
273.0

341.5
285.7
22.6
10.2
253.4

355.1
298.4
22.3
10.0
266.4

346.2
290.5
21.9
9.0
259.9

124.3

121.0

120.9

121.2

120.2

119.7

119.8

120.7

62.4
74.7
51.0
5.1
45.9

62.7
78.9
55.0
4.8
50.3

62.6
71.7
54.3
4.9
49.5

62.8
76.0
56.6
4.8
52.0

62.9
90.1
57.2
4.7
52.7

63.2
70.6
56.3
4.2
52.4

63.4
83.4
57.0
4.0
53.4

63.7
75.7
56.0
4.0
52.3

185.2
147.2
0
9.3

191.5
147.5
1.5
10.0

191.6
146.6
1.6
9.4

190.5
146.8
1.4
9.5

197.1
148.9
1.5
11.4

195.4
150.0
1.6
10.7

203.6
155.4
1.6
10.2

199.4
151.9
1.3
11.6

.9
8.4
138.2

2.0
8.1
136.9

1.3
8.2
136.2

1.5
8.0
136.6

3.4
8.0
137.6

2.6
8.1
139.2

2.3
8.0
144.8

3.7
7.9
141.0

76.7

77.2

77.0

76.3

77.2

78.8

82.8

79.4

28.7
36.9
48.9
10.5
38.4

Nondefense
Consumption expenditures
Durable goods2
Nondurable goods
Commodity Credit
Corporation
inventory change ...
Other nondurables
Services
Compensation of
general government
employees, except
own-account
investment3
Consumption of
general government
fixed capital4
Other services
Gross investment
Structures
Equipment and software

21.5
40.0
38.2
10.5
27.8

24.4
35.5
44.7
10.1
35.0

24.0
35.4
45.7
9.7
36.6

24.8
35.9
44.4
9.7
35.1

25.6
35.1
49.1
10.5
39.1

26.5
34.2
46.0
9.8
36.7

27.3
34.8
49.0
9.5
40.2

28.2
33.8
48.3
9.3
39.7

State and local
1,000.3 1,065.8 1,052.6 1,072.1 1,097.3 1,130.4 1,137.7 1,154.6
Consumption expenditures
808.4 855.0 847.2 863.1 877.4 897.5 911.3 925.2
15.0
15.8
16.4
16.9
17.2
Durable goods2
15.9
16.0
16.6
83.6
89.3
97.4 105.1 107.6 111.1
91.3
94.2
Nondurable goods
742.1
Services
709.8 747.7
752.9 763.7 775.8 786.8 796.9
Compensation of general
government
employees, except
own-account
596.4 624.1 620.0 627.9 635.4 643.5 650.2 657.4
investment3
Consumption of general
government fixed
82.1
83.7
85.7
88.0
90.5
92.8
capital4
76.9
83.0
40.0
41.3
42.6
46.7
Other services
40.6
44.4
46.1
36.5
Gross investment
191.9 210.9 205.4 209.0 219.8 232.9 226.4 229.3
Structures
144.0 157.5 153.0 154.8 163.9 175.0 166.2 167.1
62.2
53.4
52.4
54.2
56.0
Equipment and software ....
57.9
60.1
48.0

State and local
Consumption expenditures
Durable goods2
Nondurable goods
Services
Compensation of general
government
employees, except
own-account
investment3
Consumption of general
government fixed
capital4
Other services
Gross investment
Structures
Equipment and software ....

959.2
772.6
15.1
88.3
669.2

995.6
794.6
^6.1
f
3.4
685.8

987.5
791.2
16.0
92.7
683.1

996.4 1,011.2 1,027.4 1,024.6 1,031.9
797.6 803.7 809.8 815.1 820.8
16.5
17.0
16.2
16.8
17.3
95.3
97.7
94.0
96.5
98.9
688.1 692.5 697.3 701.2 705.5

559.6

567.5

566.3

568.6

570.2

573.1

575.0

577.5

75.8
33.7
186.7
135.5
51.6

80.6
37.7
201.2
143.2
58.9

80.0
36.9
196.4
139.6
57.7

81.3
38.2
199.0
140.2
60.0

82.6
39.8
207.9
146.9
62.1

84.1
40.3
218.2
155.2
64.0

85.6
40.9
209.8
145.5
66.3

87.1
41.2
211.3
145.2
68.4

-1.2

-4.4

-4.3

-5.2

-6.1

-6.1

-7.1

-8.0

769.1
202.6
566.6

774.9
199.9
575.1

773.6
199.8
573.8

775.4
199.3
576.2

777.0
199.0
578.0

780.7
200.1
580.6

786.7
204.3
582.3

786.8
201.8
585.0

Addenda:
Compensation of general
government employees3 ....
Federal
State and local

Residual
818.9
215.1
603.8

854.7
222.2
632.5

850.0
221.7
628.2

858.2
222.0
636.3

866.4
222.4
644.0

883.6
231.7
651.9

894.4
235.9
658.5

900.2
234.3
666.0

1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods
transferred to foreign countries by the Federal Government.
3. Compensation of government employees engaged in new own-account investment and related expenditures
for goods and services are classified as investment in structures and in software. The compensation of all general
government employees is shown in the addenda.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial
measure of the value of the services of general government fixed assets; use of depreciation assumes a zero
net return on these assets.




Addenda:
Compensation of general
government employees3....
Federal
State and local

NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines, excluding the
lines in the addenda.
See footnotes to table 3.7.
Chain-type quantity indexes for the series in this table are shown in table 7.11.
Contributions to percent change in real government consumption expenditures and gross investment are shown
in table 8.6.

SURVEY OF CURRENT BUSINESS

January 2001

National Data

D-ll

Table 3.10.—National Defense Consumption Expenditures and Gross
Investment

Table 3.11.—Real National Defense Consumption Expenditures and
Gross Investment

[Billions of dollars]

[Billions of chained (1996) dollars]

Seasonally adjusted at annual rates
1998

Seasonally adjusted at annual rates

2000

1999

1999

1998

375.0

341.7

348.5 340.3 350.4

360.9

341.5

355.1

346.2

319.6

Consumption expenditures ...

290.7

293.8 286.4

294.1

304.0

285.7 298.4

290.5

2.5
4.6

22.7
11.0
2.2
1.0
.7
2.9
4.9

22.9
11.4
2.1
1.1
.7
3.0
4.8

24.4
12.1
2.3
1.1
.7
3.2
5.0

22.5
10.6
2.1
.9
.7
3.0
5.2

22.6
10.8
1.9
1.5
.5
3.2
4.8

22.3
9.8
2.2
1.5
.6
3.4
5.0

21.9
10.3
2.2
1.5
.6
3.0
4.5

8.0

8.9

8.7

10.6

8.7

10.2

10.0

9.0

3.0
1.9
3.1

3.3
1.9
3.6

3.4
1.9
3.4

4.5
2.3
3.8

2.6
1.8
4.2

3.1
1.6
5.2

3.3
2.1
3.4

261.3

262.5

255.1

259.7

273.0

3.1
1.6
5.3
253.4

266.4

259.9

124.3
80.1
44.2

121.0
78.5
42.5

120.9
78.2
42.7

121.2
78.8
42.4

120.2
78.5
41.8

119.7
78.5
41.3

119.8
78.4
41.5

120.7
79.3
41.4

62.4
74.7

62.7
78.9

62.6
71.7

62.8
76.0

62.9
90.1

63.2
70.6

63.4
83.4

63.7
75.7

19.8
22.3
8.1
17.8

17.9
24.6
8.0
21.4

14.3
23.1
7.8
18.9

17.1
23.7
7.9
21.3

21.7
28.5
8.2
25.2

13.5
24.3
7.2
20.5

18.9
26.4
8.3
23.0

16.8
23.2
8.3
21.5

4.6
3.5
-1.5

4.8
3.7
-1.6

5.2
3.8

4.5
3.5

4.5
3.2
-2.7

4.4
3.1

-1.4

4.6
3.6
-2.4

-1.0

51.0

55.0

54.3

56.6

56.3

57.0

5.1
45.9
6.2
3.5
6.4
1.5
14.5
13.8
-.2

4.8
50.3
7.2
3.0
6.8
1.6
17.2
14.7

4.9

4.8

57.2
4.7

4.2

49.5
6.8

17.6
14.0

52.0
9.3
2.9
6.5
1.5
18.1
13.8

52.7
6.5
3.1
7.0
1.9
18.1
16.1

4.0
53.4
7.1
2.6
6.6
2.1
20.4
14.8

52.3
8.4
2.2
6.5
2.0
20.7
12.9

-1.3

-1.3

-.6

-1.4

-1.3

-1.2

124.7

121.5

121.5

121.7

120.7

120.4

120.5

121.4

349.2

365.0

355.3

367.5

380.8 366.6

381.9

Consumption expenditures ...

299.7

311.2

302.2

312.2

324.7 311.2

325.7

21.3

22.4
10.9
2.2
1.0
.8
2.6
4.9

22.6
11.2
2.1
1.0
.9
2.7
4.8

24.0
11.9
2.3
1.0
.8
2.9
5.0

22.4
10.7
1.9
1.5
.7
2.9
4.8

22.2
9.7
2.2
1.5
.8
3.0
5.0

21.9
10.3
2.2
1.5
.8
2.6
4.5

Durable goods 2
Aircraft
Missiles
Ships
Vehicles
Electronics
Other durable goods

7.0

8.1

7.6

10.0

10.8

10.5

10.1

Nondurable goods

2.1
1.8
3.1

2.6
1.9
3.7

2.4
1.1
3.4

3.8
2.3
3.9

2.6
1.8
4.3

3.8
1.6
5.4

3.7
1.5
5.4

4.5
2.0
3.6

271.5

280.7

271.9

278.2

293.8

277.9

292.9

287.7

Nondurable goods
Petroleum products
Ammunition
Other nondurable goods .
Services
Compensation of general
government employees,
except own-account
investment3
Military
Civilian
Consumption of general
government fixed
capital 4
Other services
Research and
development
Installation support
Weapons support
Personnel support
Transportation of
material
Travel of persons
Other
Gross investment
Structures
Equipment and software ...
Aircraft
Missiles
Ships
Vehicles
Electronics and software ..
Other equipment
Addendum:
Compensation of general 3
government employees ..

10.2
2.3
.9
1.0
2.3
4.6

22.3
10.5
2.2
.9
.9
2.7
5.2

131.1
83.6
47.5

133.2
85.0
48.2

132.9
84.6
48.2

133.4
85.1
48.3

132.8
85.1
47.7

137.0
87.9
49.1

137.2
87.8
49.4

138.9
89.6
49.3

62.3
78.1

63.1
84.4

76.2

63.2
81.6

63.8
97.2

64.5
76.4

65.0
90.8

65.6
83.1

20.7
23.0
8.6
19.2

19.0
25.8
8.7
24.1

15.0
24.1
8.4
21.1

18.1
25.1
8.6
24.0

23.2
30.1

9.1
28.9

14.5
25.6
8.0
23.5

20.4
28.1
9.3
26.3

18.3
24.9
9.4
24.7

4.6
3.6
-1.7

4.8
3.8
-1.8

5.2
3.9
-1.5

4.6
3.8
-2.7

4.5
3.5
-2.0

4.5
3.4
-3.0

4.5
3.3
-1.2

4.5
3.3
-2.0

49.5

53.8

53.1

55.4

56.1

55.4

56.2

55.4

5.4

5.3

5.4

5.3

5.2
50.8
6.5
2.9
7.1
2.0
16.3
16.0

4.7

4.5
51.7
6.7
2.4
6.8
2.0
18.9
14.9

4.6

44.0
5.6
3.3
6.4

1.5
13.4
13.8

131.7

48.5
7.0
2.8
6.8
1.6
15.6
14.7

133.7

47.8
6.7
2.7
6.6

1.7
16.0
14.0

133.6

50.1
9.1
2.8
6.5
1.4
16.5
13.8

134.1

133.4

50.6
9.1
2.0
6.0
1.9

17.6
14.1

137.8

138.0

50.8
7.9
2.0
6.7
1.9
19.3
13.0

139.8

1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods
transferred to foreign countries.
3. Compensation of government employees engaged in new own-account investment and related expenditures
for goods and services are classified as investment in structures and in software. The compensation of all general
government employees is shown in the addendum.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial
measure of the value of the services of general government fixed assets; use of depreciation assumes a zero
net return on these assets.




2000

National defense
consumption
expenditures and
gross investment' ....

National defense
consumption
expenditures and
gross investment' ....
Durable goods 2
Aircraft
Missiles
Ships
Vehicles
Electronics
Other durable goods

1999

1999

Petroleum products
Ammunition
Other nondurable goods .
Services
Compensation of general
government employees,
except own-account
investment3
Military
Civilian
Consumption of general
government
fixed
4

capital

Other services
Research and
development
Installation support
Weapons support
Personnel support
Transportation of
material
Travel of persons
Other
Gross investment
Structures
Equipment and software ....
Aircraft
Missiles
Ships
Vehicles
Electronics and software ..
Other equipment
Residual
Addendum:
Compensation of general 3
government employees ..

21.5
10.4
2.3

2.9
6.7
1.7

-1.8

52.4
9.4
2.1
5.9
1.9

19.2
14.0

4.3
3.1

-1.8
56.0
4.0

NOTE.-Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines, excluding the
line in the addendum.
Chain-type indexes for the series in this table are shown in table 7.12.
See footnotes to table 3.10.

D-12

• National Data

January 2001

SURVEY OF CURRENT BUSINESS

4. Foreign Transactions.
Table 4.1.—Foreign Transactions in the National Income and Product
Accounts

Table 4.2.—Real Exports and Imports of Goods and Services and
Receipts and Payments of Income

[Billions of dollars]

[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

1998

2000

1999

1999

2000

I
Receipts from the rest of
the world

1,251.4 1,296.1 1,268.9 1,314.0 1,362.2 1,402.8 1,468.3 1,503.6

Exports of goods and services ...
Goods1
Durable
Nondurable
Services1

966.0
682.0
487.6
194.4
284.0

990.2
699.2
504.5
194.7
291.0

973.0
682.1
492.0
190.0
290.9

999.5 1,031.0 1,051.9 1,092.9 1,130.8
708.9 734.6 747.5 783.6 821.9
511.6 528.4 538.1 569.3 594.4
197.3 206.1 209.4 214.3 227.5
290.7 296.4 304.4 309.2 308.9

Income receipts

285.4

305.9

295.9

314.4

Payments to the rest of
the world
Imports of goods and services .
Goods1
Durable
Nondurable
Services'
Income payments
Transfer payments (net)
From persons (net)
From government (net)
From business
Net foreign investment

331.2

350.9

375.4

372.8

1,251.4 1,296.1 1,268.9 1,314.0 1,362.2 1,402.8 1,468.3 1,503.6
1,117.5 1,244.2 1,213.4 1,280.0 1,330.1 1,387.1 1,448.3 1,520.3
930.5 1,048.6 1,020.4 1,081.7 1,127.3 1,176.1 1,233.9 1,294.7
636.1 715.4 699.9 732.5 758.7 783.8 818.8 850.3
294.3 333.2 320.5 349.3 368.6 392.3 415.1 444.4
187.0 195.6 193.0 198.3 202.8 211.0 214.4 225.6
288.9

316.9

305.6

328.0

344.6

358.6

383.7

381.7

44.1
24.0
10.8
9.3

48.1
26.6
11.6
9.9

46.3
26.7
10.0
9.7

45.7
26.6
9.1
10.0

57.0
27.6
18.9
10.5

47.8
28.5
8.3
11.0

48.9
28.3
9.1
11.4

51.7
29.5
11.4
10.8

-199.1 -313.2 -296.5 -339.8 -369.6 -390.7 -412.5 -450.1

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods
to services.




Exports of goods and services
Goods1
Durable
Nondurable
Services1
Income receipts

1,003.6 1,033.0 1,017.6 1,042.6 1,068.4
723.6 752.2 735.7 763.4 786.5
514.0 538.7 525.3 547.8 564.2
209.6 213.4 210.4 215.5 222.1
280.3 281.7 282.3 280.5 283.7
278.7 294.1 285.4 301.9 316.2

1,084.8 1,121.8 1,158.8
798.1 833.5
'
874.2
575.3 608.1 633.8
222.7 225.4 240.3
288.5 291.0 288.9
332.0

353.2

348.7

Imports of goods and services 1,224.6 1,355.3 1,332.2 1,385.2 1,420.9 1,461.7 1,525.2 1,586.4
Goods1
1,032.0 1,161.1 1,139.9 1,190.5 1,222.5 1,255.3 1,313.9 1,364.0
Durable
700.4 802.6 785.0 824.3 854.4 880.5 920.8 958.8
Nondurable
331.8 358.8 355.0 366.5 369.1 376.2 394.5 407.2
1
Services
192.6 195.9 193.7 196.7 200.6 208.4 213.7 224.8
Income payments

279.3

301.5

291.8

312.0

325.0

335.8

357.9

354.8

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods
to services.
NOTE.-Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
Chain-type quantity indexes for the series in this table are shown in table 7.9.

National Data

SURVEY OF CURRENT BUSINESS

January 2001

D-13

Table 4.3.—Exports and Imports of Goods and Services by Type of
Product

Table 4.4.—Real Exports and Imports of Goods and Services by Type of
Product

[Billions of dollars]

[Billions of chained (1996) dollars]

Seasonally adjusted at annual rates

Exports of goods and
services
Exports of g o o d s '
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
Exports of services ]
Transfers under U.S. military
agency sales contracts
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Imports of goods and
services
Imports of g o o d s

l

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

1998

1999

966.0

973.0

46.4

990.2
699.2
45.5

142.8
53.7
89.1

141.8
53.8
87.9

137.5
52.5
85.0

143.0
53.9

153.1
57.3
95.8

300.1

311.8

302.9

317.8

682.0

1999

682.1
45.1

Seasonally adjusted at annual rates

1998

2000

999.5 1,031.0 1,051.9
708.9 734.6 747.5
47.1
47.8
46.3

1,092.9 1,130.8
783.6

821.9

47.3

50.1

157.6
60.7
96.9

163.3
63.0
100.3

172.3
64.1
108.2

325.3

326.3

356.9

376.6

53.5

52.9

50.1

53.0

53.0

43.6

52.9

50.1

45.2
201.3

46.7
212.1

46.6
206.2

47.8
216.9

47.7
224.5

51.2
231.5

55.4
248.7

58.6
268.0

73.2

75.8

75.1

77.4

77.5

80.3

80.1

80.9

79.3

79.5
40.5
39.0
42.0
290.9

80.7
41.4
39.2
42.2
290.7

83.6
44.0
39.6
48.8
296.4

87.3

284.0

80.8
41.4
39.4
43.6
291.0

304.4

88.5
45.6
42.9
47.5
309.2

308.9

16.7
71.3
20.1
25.6
36.2
90.9
23.2

15.4
74.9
19.8
27.0
36.5
96.5
21.0

17.3
74.3
19.6
26.8
36.6
95.1
21.3

14.7
74.8
20.4
26.9
36.4
97.1
20.3

13.3
77.9
19.8
28.4
36.4
100.5
20.1

13.0
79.0
20.0
28.8
37.0
105.7
20.9

13.6
80.3
20.1
29.3
38.3
106.1
21.5

13.4
81.1
20.5
30.0
37.4
105.4
21.2

40.5
38.7
40.2

46.3
41.0
49.0

91.7
47.6
44.1
50.3

Imports of services'
Direct defense expenditures ...
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Addenda:
Exports of agricultural g o o d s 2
Exports of nonagricultural
goods
Imports of nonpetroleum
goods

930.5 1,048.6 1,020.4 1,081.7 1,127.3 1,176.1

1,233.9 1,294.7

41.2

43.6

43.6

44.0

44.6

44.6

45.6

47.3

142.6
75.8
66.8
50.9

148.6
78.9
69.7
67.8

143.9
77.1
66.8
63.8

151.7
79.6
72.2
79.6

159.4
84.1
75.3
85.7

165.2
89.0
76.2

168.6
89.9
78.7

108.0

117.1

177.4
89.9
87.6
127.0

269.6

297.1

291.9

302.6

314.7

324.3

348.5

367.4

21.8

23.8

23.0

25.6

24.1

23.2

24.9

26.8

72.5
175.3

81.5
191.9

82.0
186.8

82.0
195.0

83.8
206.8

83.8
217.2

89.9
233.7

95.0
245.7

149.1

179.4

174.6

186.8

188.0

193.3

195.4

202.6

216.7
111.5
105.2
60.5
187.0
12.2
56.5
20.0
30.4
11.7
49.1
7.1

239.6
123.8
115.8
72.5
195.6
13.7
59.4
21.4
34.1
13.3
46.7
7.2

233.2
121.6
111.7
69.3
193.0
13.5
58.9
21.1
32.7
12.9
46.9
7.0

243.7
126.9
116.8
73.3
198.3
14.5
59.2
21.4
35.8
13.3
46.7
7.4

253.1
131.0
122.1
81.8
202.8
13.4
61.1
22.3
36.9
14.6
47.4
7.1

260.6
137.1
123.5
80.0
211.0
13.6
63.4
23.3
37.9
15.1
50.4
7.3

276.6
143.9
132.7
82.1
214.4
13.8
64.5
24.0
38.8
15.6
50.5
7.3

280.3
144.1
136.2
92.6
225.6
13.8
67.1
25.1
41.0
19.0
52.3
7.4

53.1

49.6

48.9

52.7

50.0

52.5

52.8

55.8

649.6

633.1

656.2

695.0

730.8

766.1

980.8

956.6 1,002.1

1,041.6 1,068.0

1,116.8

1,167.7

879.6

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods
to services.
2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods.




Exports of g o o d s '
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
Exports of services 1
Transfers under U.S. military
agency sales contracts
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Residual

1,117.5 1,244.2 1,213.4 1,280.0 1,330.1 1,387.1 1,448.3 1,520.3

Consumer goods, except
automotive
Durable goods
Nondurable goods
Other

Exports of goods and
services

Imports of goods and
services
Imports of g o o d s '
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
Imports of services 1
Direct defense expenditures ...
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Residual
Addenda:
Exports of agricultural g o o d s 2
Exports of nonagricultural
goods
Imports of nonpetroleum

1999

1999

2000

723.6
55.1

752.2

735.7

1,042.6
763.4

786.5

798.1

833.5

56.6

55.7

59.8

58.4

59.4

58.9

874.2
64.7

151.5
56.5
95.0

152.8
58.1
94.6

150.7
57.0
93.7

153.1
58.3
94.8

160.4
61.5
98.9

161.7
64.6
97.3

165.4
66.7
98.9

173.5
67.8
105.7

324.5

342.6

332.2

350.6

358.4

361.2

395.5

416.3

1,003.6 1,033.0 1,017.6

1,068.4 1,084.8 1,121.8 11,158.8

51.1

49.4

46.9

49.5

49.0

39.9

47.8

44.8

59.9
212.7

68.3
225.9

67.5
219.3

71.0
231.5

71.2
239.5

78.0
248.0

85.6
266.4

91.0
286.5

72.5

74.6

74.1

76.2

76.0

78.6

78.2

78.8

83.1
43.9
39.2
50.6
283.7

86.6

288.5

87.8
45.2
42.6
49.0
291.0

90,8
47.2
43.7
52.2
288.9

13.0
72.3
19.2
28.0
34.9
104.4
17.5
-7.5

13.7
72.0
19.0
28.0
36.0
104.5
18.4
-9.1

13.5
72.4
19.2
27.7
34.9
103.0
18.8

41.6

45.6

44.1

280.3

281.7

282.3

80.4
41.4
39.0
44.3
280.5

17.5
68.9
21.1
26.4
35.3
91.2
20.1
.1

15.3
70.5
19.2
27.7
35.0
96.6
17.8
-2.6

17.3
70.0
19.3
27.6
35.2
94.9
18.3
-2.5

14.7
70.0
19.7
27.1
34.9
97.1
17.5
-4.2

13.2
72.4
18.8
28.3
34.7
100.6
16.4
-4.2

1,332.2 1,385.2

1,420.9

1,461.7 1,525.2 1,586.4

1,139.9 1,190.5 1,222.5

1,255.3 1,313.9 1,364.0
47.3
48.8
51.1

78.7

80.4

79.2

40.2

41.3

40.5

38.4

39.1

38.7

1,224.6 1,355.3
1,032.0 1,161.1
42.2
46.1

45.9

47.1

47.4

46.0
40.5
50.7

-13.1

150.1
78.1
71.9
81.4

157.3
81.1
76.1
81.5

154.7
80.1
74.6
85.4

159.2
80.7
78.5
84.1

164.7
85.3
79.4
76.5

166.7
86.9
79.6
81.7

165.4
87.1
78.2
88.2

170.0
87.5
82.4
87.1

328.3

378.2

370.1

389.2

406.0

419.9

453.6

481.0

20.7

22.1

21.5

23.8

22.3

21.4

22.7

24.2

101.2
206.7

130.5
229.2

130.3
222.5

134.9
234.1

138.6
249.0

139.5
262.5

153.0
282.4

162.9
298.9

148.6

177.6

173.0

184.7

185.7

190.6

192.0

198.8

222.3

241.2

252.3

261.8

270.5

117.1

247.6
131.6

129.3

135.2

116.1

112.1

117.3

292.4
155.0
137.4

60.9

73.1

70.0

73.9

139.6
122.3
82.2

146.8

105.3

80.2

288.2
154.6
133.8
82.2

192.6

195.9

193.7

196.7

200.6

208.4

213.7

13.7

14.9
60.6
19.4
31.8
12.7

15.2

53.1

15.6
68.5
20.8
33.6
14.6
53.5

7.1

7.1

54.9
7.2

-7.4

-11.5

-15.8

59.1
18.6
31.6
11.4
50.9
7.2
-2.0

49.3
7.0
-5.4

15.0

15.8

60.4

60.6

19.1

19.2

12.4

12.7

48.8

49.5

6.9

7.2

14.4
62.0
20.2
32.1
13.9
51.0
6.9

-6.2

-5.8

-7.9

31.1

31.7

124.0

65.5
20.5
32.9
14.3

92.2
224.8
16.0
72.8
21.3
34.8
17.7

62.6

63.1

62.5

67.7

64.1

67.8

67.5

73.7

660.7

688.5

672.8

695.7

721.4

729.8

764.9

799.9

1,143.8 1,170.2 1,221.1

1,274.5

949.9

1,076.7 1,051.7 1,103.1

NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line following the detail for exports is the difference between the aggregate "exports of goods and
services" and the sum of the detailed lines for exports of goods and exports of services. The residual line following
the detail for imports is the difference between the aggregate "imports of goods and services" and the sum of
the detailed lines for imports of goods and imports of services.
Chain-type quantity indexes for the series in this table are shown in table 7.10.
Contributions to the percent change in real exports and in real imports of goods and services are shown in
table 8.5.
See footnotes to table 4.3.

D-14

• National Data

January 2001

SURVEY OF CURRENT BUSINESS

5. Saving and Investment.
Table 5.1.—Gross Saving and Investment
[Billions of dollars]
Seasonally adjusted at annual rates
1998

1999

1999

2000

IV
Gross saving

I

1,654.4 1,717.6 1,691.7 1,716.8 1,746.3 1,777.0 1,844.5 1,854.7
1,375.7 1,343.5 1,338.5 1,321.1 1,331.4 1,279.2 1,328.8 1,319.2
265.4 147.6 163.6 121.1 101.0
11.0
20.6 -13.8
218.9 229.4 218.7 214.0 241.7 262.7 278.5 279.6
162.1 196.4 186.5 190.9 219.3 247.1 257.4 254.4
-8.9 -19.7 -19.2 -25.0 -13.6
-9.1
-4.5
17.0
41.2
42.1
29.7
39.9
40.6
34.7
42.7
41.6
624.3 676.9 670.7 687.7 694.8 711.5 731.1 750.0
265.1 284.5 280.3 293.1 288.7 294.1 298.7 303.3
5.2
5.2
0
2.1
5.2
5.2
0
0

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

278.7
137.4
88.4
49.0
141.2
99.5
41.7

Gross government saving
Federal
Consumption of fixed capital
Current surplus or deficit (-), national income and product accounts
State and local
Consumption of fixed capital
Current surplus or deficit (-), national income and product accounts
Gross investment

374.0
217.3
92.8
124.4
156.8
106.8
50.0

353.3
209.5
92.0
117.5
143.7
105.8
38.0

395.7
240.6
93.4
147.3
155.1
107.7
47.4

414.9
238.4
95.0
143.3
176.6
109.9
66.6

497.7
333.0
97.2
235.8
164.7
112.7
52.0

515.7
339.9
98.9
240.9
175.8
115.6
60.1

535.5
354.1
100.8
253.3
181.4
118.2
63.2

1,629.6 1,645.6 1,614.9 1,627.3 1,678.5 1,699.3 1,771.9 1,752.8

Gross private domestic investment
Gross government investment
Net foreign investment

1,549.9 1,650.1 1,607.9 1,659.1 1,723.7 1,755.7 1,852.6 1,869.3
278.8 308.7 303.5 308.0 324.4 334.2 331.9 333.6
-199.1 -313.2 -296.5 -339.8 -369.6 -390.7 -412.5 -450.1

Statistical discrepancy

-24.8

-71.9

-76.8

-89.5

-67.8

-77.7

18.8

18.5

18.4

18.4

18.3

18.2

Addendum:
Gross saving as a percentage of gross national product

-72.5 -101.8
18.6

18.5

Table 5.4.—Private Fixed Investment by Type

Table 5.5.—Real Private Fixed Investment by Type

[Billions of dollars]

[Billions of chained (1996) dollars]

Seasonally adjusted at annual rates
1998

1999

Seasonally adjusted at annual rates

2000

1999

2000

1999

IV
Private fixed investment
Nonresidential

1,472.9 1,606.8 1,593.4 1,622.4 1,651.0 1,725.8 1,780.5 1,803.0
1,107.5 1,203.1 1,188.0 1,216.8 1,242.2 1,308.5 1,359.2 1,390.6

Structures
Nonresidential buildings,
including farm
Utilities
Mining exploration, shafts,
and wells
Other structures

283.2

285.6

283.7

281.2

290.4

308.9

315.1

330.1

202.3
44.5

208.5
45.0

207.7
44.5

204.7
45.1

208.7
45.8

224.5
47.1

229.3
45.4

235.0
48.5

29.3
7.1

24.3
7.8

23.2
8.4

23.8
7.6

27.8
8.1

29.8
7.5

33.2
7.1

37.6
9.0

Equipment and software
Information processing
equipment and software
Computers and
peripheral equipment1
Software2
Other
Industrial equipment
Transportation equipment
Other

824.3

917.4

904.3

935.6

951.8

999.6 1,044.1 1,060.5

367.4

433.0

423.6

445.5

461.4

495.3

527.5

548.6

84.9
144.1
138.4
148.9
168.2
139.8

94.3
180.1
158.6
150.7
193.5
140.2

92.8
173.3
157.5
148.3
191.6
140.8

97.6
184.7
163.2
151.8
200.3
137.9

196.8
165.7
156.3
196.5
137.6

104.3
210.5
180.6
162.7
198.7
142.9

113.6
224.5
189.3
168.0
201.6
147.1

120.3
238.4
189.9
171.8
193.8
146.4

365.4

403.8

405.4

405.6

408.8

417.3

421.3

412.4

357.1
185.8
24.6
146.8

394.9
207.2
27.3
160.4

396.5
207.2
27.1
162.3

396.6
206.1
27.5
163.1

399.6
211.5
27.3
160.9

407.8
222.8
28.7
156.3

411.7
220.6
28.6
162.5

402.8
211.9
26.5
164.4

8.3

8.9

8.8

9.0

9.2

9.5

9.6

9.6

Residential
Structures
Single family
Multifamily
Other structures
Equipment

1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment.




Private fixed investment
Nonresidential

1,485.3 1,621.4 1,607.1 1,637.8 1,666.6 1,730.9 1,777.6 1,791.3
1,140.3 1,255.3 1,237.5 1,272.5 1,301.8 1,365.3 1,412.5 1,438.8

Structures
Nonresidential buildings,
including farm
Utilities
Mining exploration, shafts,
and wells
Other structures

263.0

259.2

258.7

254.6

260.6

274.0

277.0

286.6

189.1
43.0

187.4
43.5

187.7
43.2

183.2
43.6

185.1
44.0

196.5
44.9

199.5
42.8

202.7
45.6

24.4
6.7

21.5
7.3

20.6
7.9

21.3
7.1

24.6
7.5

26.1
6.9

28.4
6.5

30.5
8.1

Equipment and software
Information processing
equipment and software
Computers and
peripheral equipment'
Software2
Other
Industrial equipment
Transportation equipment
Other

879.0 1,003.1

985.0 1,026.6 1,050.1 1,100.4 1,146.6 1,162.4

431.6

542.2

526.9

561.1

587.9

629.4

669.1

695.6

149.3
151.0
140.7
146.9
168.0
136.7

217.3
188.0
163.1
147.8
191.8
135.6

208.5
181.1
161.3
145.7
189.0
136.2

230.9
192.5
168.1
148.9
199.1
133.3

243.8
205.3
171.6
152.8
195.9
132.8

264.1
215.0
187.3
158.9
197.3
138.0

297.3
224.5
196.6
164.0
199.2
141.4

324.3
234.3
197.5
167.4
190.6
140.3

346.1

368.3

370.9

368.0

368.5

371.4

372.6

362.3

337.7
175.9
21.7
140.2

359.2
187.6
23.2
148.5

361.9
188.5
23.1
150.4

358.8
185.6
23.3
150.1

359.2
188.8
23.0
147.5

361.8
195.8
23.8
142.0

362.9
193.5
23.6
145.7

352.6
184.9
21.8
146.0

9.7

9.8

Residential
Structures
Single family
Multifamily
Other structures
Equipment
Residual

8.3

9.1

9.0

9.2

9.3

9.7

-16.6

-50.3

-45.1

-58.4

-65.4

-75.4

-95.1 -112.5

1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment.
NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.
Chain-type quantity indexes for the series in this table are shown in table 7.6.
Contributions to the percent change in real private fixed investment are shown in table 8.4.

D-15

National Data

SURVEY OF CURRENT BUSINESS

January 2001

Table 5.10.—Change in Private Inventories by Industry Group

Table 5.11.—Real Change in Private Inventories by Industry Group

[Billions of dollars]

[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1998 1999

Change in private inventories
Farm
Nonfarm
Change in book valuel
Inventory valuation adjustment2
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
Motor vehicle dealers3
Other3
Nondurable goods
Other
Durable goods
Nondurable goods

1998 1999

2000

77.0 43.3 14.5 36.7 72.7 29.9 72.0 66.4
-.2
.6
1.2 -5.3
-.1 -1.1
.9 -2.5
76.4 43.5 13.4 42.0 71.8 32.4 72.2 67.5
54.2 59.1 33.0 73.3 95.5 65.1 99.2 78.0
22.2 -15.6 -19.6 -31.3 -23.7 -32.7 -27.1 -10.6
24.7
3.4
-9.0
7.4
9.9 16.9 22.0
18.9
-.1 -7.7 3.1 3.2 6.3 10.8 14.9
4.1
-1.3
.2
6.1
7.2
5.8
3.6
21.6 16.7 14.4 21.9 17.9 21.0 32.1 21.9
15.7 12.5 13.1 11.9 14.6 16.7 23.0 10.3
5.9
3.3
4.3
9.1 11.6
4.2
1.3 10.0
19.2 15.3 10.3 19.6 19.9 15.7 28.4 15.4
13.7 11.2
4.9
8.3 10.6 16.7 11.9 20.6
4.1
2.0
9.1
3.2
5.5
3.8
7.8 10.6
1.4
2.4
4.2
2.3 -1.9
6.5
5.2
3.7
1.3
2.0
4.9
5.4
4.8
2.4
1.3 -2.1
.1
.4
-.7
.2
1.0
.5
1.1
1.3
14.7 21.0
4.1 15.8 42.4 -4.5. 22.1 20.5
8.1 14.2
1.0 12.9 27.7 -3.6 16.1 13.9
9.6 14.6 -6.4
9.7 10.4
2.2
7.5 -4.5
3.5
3.3 13.1
2.8
6.3
5.5
6.0
6.7
2.9 14.7
6.6
6.0
3.1
6.6
6.8
15.3
5.6
4.1
.9
3.1
3.8
1.1
3.0
.7 -1.5
2.0
.2
-.3
-1.6
12.3
5.0
2.1
2.9
1.2
2.6
5.3

Change in private 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
Motor vehicle dealers1
Other1
Nondurable goods
Other
Durable goods
Nondurable goods
Residual

80.2
1.2
78.7
25.6
19.5
6.1
22.6
16.2
6.4
20.0
14.1
5.9
2.5
2.1
.5

45.3

14.8
8.2
2.2
6.0
6.6
16.0
3.0
12.9
.1

20.8
14.2
7.6
6.7
6.7
6.1
.6
5.4

44.9
.1
-.1
.2
17.4
13.0
4.4
16.0
11.7
4.4
1.4
1.4
.1

2000

1999

13.1
-1.1
14.1
-9.5
-8.1
-1.4
15.1
13.8
1.4
10.8
8.7
2.1
4.3
5.1
-.7
4.1
1.0
-4.6
5.5
3.0
4.2
-1.4
5.7
.3

III

IV

39.1
-5.0
43.5
3.5
3.3
.2
23.0
12.5
10.5
20.6
11.1
9.5
2.4
1.4
1.0
15.7
13.0
9.7
3.3
2.9
1.1
-.3
1.4
.6

7.9
73.0
7.6
3.3
4.2
18.5
15.2
3.4
20.6
17.4
3.3
-2.0
-2.2
.2
41.7
27.7
14.7
13.0
14.2
4.2
1.9
2.2

36.6
3.6
33.0
10.3
6.5
3.8
21.5
17.3
4.4
16.2
12.3
3.9
5.2
5.0
.4
-4.4
-3.6
-6.4
2.7

78.6
6.2
72.3
17.6
11.3
6.4
32.5
23.8
8.9
28.9
21.3
7.7
3.6
2.5
1.2
21.5
16.0
9.7
6.3
5.7
-1.5
2.5
-.7

72.5
5.0
67.4
22.6
15.4
7.2
22.3
10.6
11.4
15.8
5.0
10.6
6.3
5.7
.9
20.0
13.9
10.5
3.4
6.2
2.8
.2
2.6
-.2

1. Inventories of auto and home supply stores are included in "other durable goods."
1. This series is derived from the Census Bureau series "current cost inventories."
2. The inventory valuation adjustment (IVA) shown in this table differs from the IVA that adjusts business incomes. The IVA in this table reflects the mix of methods (such as first-in, first-out and last-in, first-out) underlying
inventories derived primarily from Census Bureau statistics (see footnote 1). This mix differs from that underlying
business income derived primarily from Internal Revenue Service statistics.
3. Inventories of auto and home supply stores are included in "other durable goods."




NOTE.—Chained (1996) dollar series for real change in private inventories are calculated as the period-to-period
change in chained-dollar end-of-period inventories. Quarterly changes in end-of-period inventories are stated at annual rates. Because the formula for the chain-type quantity indexes uses weights of more than one period, the
corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first
line and the sum of the most detailed lines.

D-16

• National Data

January 2001

SURVEY OF CURRENT BUSINESS

Table 5.12.—Private Inventories and Domestic Final Sales of Business
by Industry Group

Table 5.13.—Real Private Inventories and Real Domestic Final Sales of
Business by Industry Group

[Billions of dollars]

[Billions of chained (1996) dollars]

Seasonally adjusted quarterly totals

Seasonally adjusted quarterly totals

2000

1999

2000

1999
I

IV
Private inventories 1
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
Motor vehicle dealers2
Other 2
Nondurable goods
Other
Durable goods
Nondurable goods
Final sales of domestic business3
Final sales of goods and structures of
domestic business3
Ratio of private inventories to final sales of
domestic business
Private inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures

1,362.5 1,387.9 1,416.3 1,446.5 1,472.4 1,492.8
96.4 100.3 108.3 108.0 105.3
98.0
1,264.5 1,291-4 1,316.0 1,338.3 1,364.3 1,387.5
704.2 714.9 729.7 737.0 749.6 758.7
560.3 576.6 586.3 601.3 614.7 628.9
445.3 452.6 458.6 466.1 472.6 480.7
277.6 280.7 283.3 286.2 288.4 292.4
167.7 171.9 175.3 179.9 184.2 188.4
347.1 356.4 363.4 373.2 381.3 387.8
222.3 225.7 230.4 235.3 241.4 243.4
124.9 130.7 133.0 137.9 140.0 144.5
300.8 308.5 315.4 322.7 329.6 334.0
193.5 196.6 201.7 205.4 210.8 211.5
107.3 111.9 113.7 117.4 118.8 122.4
50.4
48.0
51.7
53.9
46.4
47.9
29.9
28.7
30.6
31.9
28.7
29.1
20.5
19.3
21.1
22.0
17.6
18.8
356.5 363.5 374.6 375.5 382.2 387.4
193.7 198.0 205.1 204.0 208.8 211.9
97.7 101.4 104.9 103.2 106.3 109.0
96.0
96.6 100.1 100.9 102.5 102.9
162.8 165.5 169.5 171.5 173.3 175.5
115.6 118.9 119.5 123.5 128.2 131.5
11.5
11.0
11.0
11.0
10.7
10.5
104.9 108.4 108.4 112.0 117.2 120.5
687.3
698.2
705.0
646.5 655.9
357.1

361.6

369.7

382.3

386.9

391.0

2.11
1.96

2.12
1.97

2.11
1.96

2.10
1.95

2.11
1.95

2.12
1.97

3.54

3.57

3.56

3.50

3.53

3.55

1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories calculated from current-dollar inventories in this table is not the current-dollar change in the private inventories component of GDP.
The former is the difference between two inventory stocks, each valued at its respective end-of-quarter prices. The
latter is the change in the physical volume of inventories valued at average prices of the quarter. In addition,
changes calculated from this table are at quarterly rates, whereas, the change in private inventories is stated at
annual rates.
2. Inventories of auto and home supply stores are included in "other durable goods."
3. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less
gross product of households and institutions and of general government, and it includes a small amount of final
sales by farm and by government enterprises.




Private inventories1
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
Motor vehicle dealers 2
Other 2
Nondurable goods
Other
Durable goods
Nondurable goods
Residual
Final sales of domestic business3
Final sales of goods and structures of
domestic business3
Ratio of private inventories to final sales of
domestic business
Private inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures

1,411.1 1,420.8 1,441.1 1,450.2 1,469.9 1,488.0
107.4 106.2 108.2 109.1 110.6 111.9
1,303.2 1,314.1 1,332.4 1,340.6 1,358.7 1,375.6
729.8 736.9 749.2 754.5 766.8 776.9
573.4 577.1 583.2 586.2 592.1 598.9
468.2 469.0 470.9 473.5 477.9 483.5
292.4 293.2 294.0 295.7 298.5 302.3
175.7 175.8 176.8 177.8 179.4 181.2
362.7 368.5 373.1 378.5 386.6 392.1
232.1 235.2 239.0 243.3 249.3 251.9
130.6 133.2 134.1 135.2 137.4 140.2
314.5 319.6 324.8 328.8 336.0 340.0
201.9 204.7 209.0 212.1 217.4 218.7
112.5 114.9 115.7 116.7 118.6 121.3
49.6
48.2
52.1
48.8
50.5
48.3
31.2
30.2
30.5
31.8
33.3
30.0
18.5
18.1
18.3
18.7
19.0
18.3
366.9
353.6 357.5 368.0
372.2 377.2
194.9 198.2 205.1 204.2 208.2 211.7
99.5 101.9 105.6 104.0 106.4 109.0
95.4
96.2
99.5 100.2 101.8 102.6
158.7 159.4 163.0 162.8 164.2 165.7
118.9 119.1 120.2 121.7 121.9 122.6
11.0
10.7
10.7
10.3
10.2
10.7
108.5 108.8 109.4 110.6 111.2 111.8
.7
.5
.5
620.7 628.4 639.6 651.3 657.7 661.9
352,8

357.3

364.8

375.1

377.3

380.8

2.27
2.10

2.26
2.09

2.25
2.08

2.23
2.06

2.23
2.07

2.25
2.08

3.69

3.68

3.65

3.57

3.60

3.61

1. Inventories are as of the end of the quarter. The quarter-to-quarter changes calculated from this table are
at quarterly rates, whereas, the change in private inventories component of GDP is stated at annual rates.
2. Inventories of auto and home supply stores are included in "other durable goods."
3. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less
gross product of households and institutions and of general government, and it includes a small amount of final
sales by farm and by government enterprises.
NOTE.—Chained (1996) dollar inventory series are calculated to ensure that the chained (1996) dollar change
in inventories for 1996 equals the current-dollar change in inventories for 1996 and that the average of the 1995
and 1996 end-of-year chain-weighted and fixed-weighted inventories are equal. Chained (1996) dollar final sales
are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding
series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one
period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines for inventories.

National Data •

SURVEY OF CURRENT BUSINESS

January 2001

D-17

6. Income and Employment by Industry.
Table 6.16C—Corporate Profits by Industry Group

Table 6.1 C—National Income Without Capital Consumption Adjustment
by Industry Group

[Billions of dollars]

[Billions of dollars]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1998

National income without
capital consumption
adjustment
Domestic industries
Private industries

1999

1999

7,009.3 7,439.2 7,361.3 7,466.3 7,649.4 7,805.1

7,961.2 8,071.6

7,012.8 7,450.2 7,371.0 7,479.9 7,662.8 7,812.7 7,969.4 8,080.5

6,497.0 6,422.9 6,522.8 6,696.9 6,828.8 6,974.1

7,078.4

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

102.5
54.5
346.4

109.2

51.3
381.8

111.8
50.6
379.0

100.3
51.2
384.1

118.6
52.3
393.1

106.9
53.8

110.9
57.6

410.8

418.5

124.5
59.5
423.8

1,153.7 1,193.3 1,188.8 1,200.1 1,202.5 1,237.0 1,257.2 1,258.9
672.7
704.6
702.0
716.1
726.0
708.8
735.6
736.9
481.0
488.7
486.8
486.5
510.9
491.3
521.6
522.0

497.8
225.1
142.6

534.6
236.9
161.9

518.8
233.4
156.3

540.5
239.1
163.7

562.3
244.4
174.2

578.3
248.3
183.2

596.5
257.7
188.6

612.7
261.3
194.4

130.2

135.9

129.1

137.7

143.7

146.7

150.3

157.0

416.3
594.1

441.8
635.2

438.3
633.6

443.0
632.8

457.1
651.5

465.0
674.5

480.6
682.6

486.5

1,285.2 1,366.9 1,338.9 1,371.5 1,418.5 1,439.8 1,459.8 1,482.8
1,648.0 1,782.9 1,763.2 1,799.4 1,841.0 1,862.7 1,910.4 1,938.7

Government

914.3

953.2

948.1

957.1

965.9

984.0

995.3

1,002.1

Rest of the world

-3.5

-11.0

-9.7

-13.6

-13.4

-7.7

-8.3

-8.9

NOTE.-Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).




Domestic industries
Financial
Nonfinancial
Rest of the world

Agriculture, forestry, and
fishing
Mining
Construction

1999

815.0

856.0

836.8

842.0 893.2 936.3 963.6

970.3

711.5

744.6

730.8

730.1 772.7 807.4 829.3

828.1

151.1
560.4

156.1 144.7
588.5 586.0

2000

1999

2000

Corporate profits with inventory
valuation and capital
consumption adjustments

6,098.5

1998

Receipts from the rest of the world
Less: Payments to the rest of the world
Corporate profits with inventory
valuation adjustment

150.9 170.6
579.1 602.0

174.6
632.8

169.1 175.2
660.1 653.0

120.5

128.9

103.5 111.4 106.0 111.9
147.7 169.3
44.2
57.9

775.1

164.4 176.4
58.5 64.5

813.9 795.6 799.3

134.3

142.1

181.7 194.8 206.8
61.2
66.0
72.5

202.9
60.8

895.7

940.5

851.5

928.6

794.5 798.4
188.1 195.5
29.6
29.7 30.5
162.3 158.3 165.0
574.9 606.5 602.9
193.7 201.8 192.1
94.7 97.2 92.4
4.8
5.1
3.6
18.5
18.0 16.9

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
Transportation
Communications
Electric, gas, and sanitary services
Wholesale trade
Retail trade
Other

671.6 702.5 689.6
164.8 172.0 160.5
24.7
25.8 24.9
140.1 146.2 135.5
506.8 530.4 529.2
177.4 181.6 184.8
85.4
92.2 94.0
6.5
2.9
2.6
17.2 18.3 18.5

Rest of the world

103.5 111.4 106.0 111.9 120.5 128.9 134.3

17.6

22.8

23.0

687.4
167.2
25.6
141.5
520.2
179.8
90.0
2.0

766.8
187.3 191.9

731.0

28.1
159.1
543.8
173.0

92.6
2.2

18.0

16.7

22.9

24.5

20.8

21.2

24.2

16.4 13.0
10.6
10.6
14.3
16.1
12.3
13.3
6.1
4.4
8.0
5.7
6.2
6.9
5.5
4.6
30.3 30.1
29.1
31.0
29.2
28.3
29.4
28.3
92.0
90.8
80.4
99.0 104.6
89.4
89.9
99.7
22.7
25.5
14.1
21.0
21.9
25.3
21.5
20.3
30.4
31.4
25.3
32.7
29.9
26.9
35.2
37.9
7.4
3.3
7.1
10.4
5.4
7.2
15.2
15.4
31.4
30.7
34.0
34.8
32.2
30.5
27.8
30.9
83.9
79.7
88.4
88.6 101.4 101.9 103.9 103.1
23.0
22.8
23.0
22.6
24.9
22.6
28.2
24.5
23.4
23.8
26.9
26.7
32.6
35.2
31.9
31.2
37.6
33.1
38.4
39.3
43.8
44.1
43.8
47.5
56.4
58.0
56.7
54.3
59.2
61.2
69.7
71.1
76.6
84.8
81.5
75.4
81.9
90.2
92.4
91.8
112.6 122.3 121.9 122.1 128.3 127.9 138.7 144.9

NOTE—Estimates in this table are based on the 1987 Standard Industrial Classification.

142.1

D-18

• National Data

January 2001

SURVEY OF CURRENT BUSINESS

7. Quantity and Price Indexes.
Table 7.1.—Quantity and Price Indexes for Gross Domestic Product
[Index numbers, 1996=100]
Seasonally adjusted

1998

Gross domestic product:
Current dollars
Chain-type quantity index
Chain-type price index ...
Implicit price deflator
Personal consumption
expenditures:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

1999

1999

Seasonally adjusted
2000

112.50
108.99
103.23
103.22

119.02 117.64 119.55 122.35
113.60 112.42 113.98 116.27
104.77 104.63 104.90 105.31
104.77 104.65 104.89 105.24

111.71
108.42
103.03
103.03

119.69 118.63
114.15 113.42
104.85 104.60
104.85 104.59

1998

124.82
117.65
106.17
106.10

127.29
119.27
106.80
106.73

128.49
119.92
107.22
107.15

Exports of goods and
services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

1999

2000

1999

110.50 113.27 111.30 114.34 117.94 120.34 125.02 129.36
114.80 118.17 116.41 119.27 122.22 124.10 128.33 132.56
96.98
95.62
97.60
95.86
95.88
96.51
97.43
96.26
96.97
95.61
97.59
95.86
95.87
96.50
97.42
96.26

120.67
114.82
105.10
105.09

123.08
116.49
105.67
105.66

126.43
118.63
106.58
106.57

128.04
119.54
107.13
107.12

130.04
120.86
107.61
107.60

Exports of goods:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator

110.28 113.07 110.30
117.01 121.63 118.97
92.96
92.72
94.25
92.96
92.71
94.25

122.68 124.46
131.47 134.01
93.30 92.86
93.31 92.87

127.75
138.17
92.44
92.46

134.03
145.70
91.98
91.99

132.09
143.83
91.83
91.84

133.78
146.50
91.30
91.32

Exports of services:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator

111.04
109.58
101.34
101.34

115.96
112.13
103.43
103.42

121.36
115.50
105.09
105.07

114.63
123.45
92.87
92.86

118.78 120.88 126.72
127.18 129.06 134.79
93.68
94.02
93.41
93.67
94.01
93.40

132.90
141.37
94.02
94.01

Durable goods:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator

112.56 123.49
117.97 132.65
93.09
95.42
93.09
95.41

Nondurable goods:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator

108.48
107.04
101.35
101.35

117.24
113.05
103.71
103.71

124.77
117.20
106.48
106.46

126.91
118.24
107.35
107.33

129.06
119.60
107.93
107.91

Imports of goods and services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

Services:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator

113.21
107.30
105.50
105.50

120.18 119.18 121.19 123.02 125.75
111.29 110.71 111.95 113.00 114.45
107.99 107.66 108.26 108.88 109.88
107.99 107.65 108.26 108.87 109.88

127.81
115.75
110.43
110.43

129.79
116.82
111.12
111.11

Imports of goods:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator

115.11
127.67
90.16
90.16

Imports of services:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator

120.81 126.39 124.69 128.11 131.05 136.32 138.50 145.78
124.42 126.54 125.13 127.05 129.59 134.66 138.07 145.20
97.09
99.89
99.66 100.85 101.14 101.25 100.33 100.41
97.09
99.89
99.64 100.84 101.12 101.24 100.31 100.40

Gross private domestic
investment:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Fixed investment:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator
Nonresidential:
Current dollars
Chain-type quantity index
Chain-type price index ...
Implicit price deflator
Structures:
Current dollars
Chain-type quantity
index
Chain-type price index
Implicit price deflator
Equipment and
software:
Current dollars
Chain-type quantity
index
Chain-type price index
Implicit price deflator
Residential:
Current dollars
Chain-type quantity index
Chain-type price index ...
Implicit price deflator

118.17
113.47
104.15
104.14

133.51
135.25
98.76
98.71

138.71
140.95
98.76
98.41

141.28
142.72
99.32
98.99

149.08 150.43
149.92 150.57
99.76 100.22
99.44 99.90

121.46 132.50 131.39 133.78
122.48 133.70 132.53 135.05
99.14
99.06
99.17
99.10
99.14
99.06
99.17
99.10

136.14
137.43
99.07
99.07

142.31
142.73
99.71
99.70

146.83
146.59
100.17
100.16

148.67
147.71
100.66
100.65

123.13 133.76 132.08 135.28 138.11 145.48 151.12
126.78 139.56 137.59 141.47 144.73 151.79 157.04
95.42
96.23
95.62
95.84
97.13 95.84
95.99
95.42
96.23
95.84
95.62
95.84
97.13
96.00

154.61
159.97
96.64
96.65

124.72 132.79
126.08 134.36
98.84
98.83
98.92

129.39
130.61
98.90
99.06

Federal:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator

116.03 129.19 125.99 132.90 138.11
127.15 140.72 138.32 143.82 147.53
91.26
91.80
91.13
92.47
93.68
91.25
91.80
91.08
92.41
93.61

129.72
143.64
90.31
90.31

144.02
151.76
94.97
94.90

120.91 120.79
113.78 112.98
106.27 106.92
106.27 106.92

150.37
158.36
95.03
94.95

157.85
164.72
95.91
95.83

126.23 133.82 139.46 145.49 152.64 160.17
141.02 147.28 151.23 155.29 162.54 168.74
93.77
90.93
93.99
95.00
89.57
92.30
90.86
93.91
94.92
89.51
92.22

108.37
104.53
103.67
103.67

114.94
108.03
106.41
106.40

113.29
106.89
106.00
105.99

115.51
108.14
106.82
106.81

118.77
110.38
107.62
107.61

120.29
110.07
109.30
109.28

122.52 122.98
111.37 110.99
110.02 110.82
110.01 110.81

101.69
99.12
102.60
102.60

106.96
101.61
105.27
105.27

105.02
100.09
104.95
104.93

107.30
101.77
105.45
105.43

111.28
104.98
106.02
106.00

109.12
101.04
108.01
108.00

113.71
105.13
108.18
108.17

111.78
102.67
108.88
108.87

105.04
96.97
108.34
108.33

126.11

125.00

129.07

137.30

140.06

146.70

116.88 115.22 115.01
107.71 110.19 109.65
107.71 110.19 109.65

113.18
110.44
110.44

115.83 121.80
111.42 112.72
111.43 112.73

123.12
113.75
113.75

127.40
115.15
115.15

National defense:
Current dollars
Chain-type quantity index
Chain-type price index ...
Implicit price deflator

97.80 102.25
99.52 102.95 106.67 102.68 106.97
95.65
99.46
95.70
97.62
95.33
98.14 101.09
102.20 104.75 104.42 104.92 105.54 107.35 107.57
102.20 104.75 104.39 104.90 105.51 107.34 107.55

122.22 136.03 134.07

138.71

141.12 148.21

154.81

157.25

130.33 148.74 146.05 152.21 155.70 163.16
91.46
91.11
90.62
90.82
91.77
93.78
90.64
90.84
91.46
91.80
91.13
93.78

170.00
91.05
91.07

172.34
91.22
91.24

Nondefense:
Current dollars
Chain-type quantity index
Chain-type price index ...
Implicit price deflator

109.64
106.06
103.38
103.37

116.59 116.28
109.72 109.74
106.27 105.97
106.27 105.96

116.17
109.14
106.45
106.44

120.72
112.88
106.95
106.94

122.29
111.95
109.26
109.24

127.51 125.56
116.62 114.24
109.35 109.92
109.34 109.92

129.48 130.50 133.21
117.48 117.63 118.56
110.21 110.94 112.36
110.22 110.94 112.36

134.49
118.93
113.08
113.08

131.64
115.64
113.83
113.83

State and local:
Current dollars
Chain-type quantity index ...
Chain-type price index
Implicit price deflator

112.35
107.74
104.28
104.28

119.71 118.22
111.82 110,91
107.06 106.61
107.05 106.60

120.41
111.91
107.60
107.59

123.24
113.57
108.52
108.51

126.96
115.40
110.03
110.02

127.78
115.07
111.05
111.04

125.89 126.96

116.65
110.47
105.59
105.59

128.89
117.56
109.64
109.64

129.40
118.41
109.28
109.28

NOTE—Chain-type quantity and price indexes are calculated from weighted averages of the detailed output and
prices used to prepare each aggregate and component. Implicit price deflators are weighted averages of the detailed
price indexes used to prepare each aggregate and component and are calculated as the ratio of current- to chained-




Government consumption
expenditures and gross
investment:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

113.77 113.74 113.64 115.90 119.01
110.14 110.36 109.67 110.92 112.79
103.30 103.06 103.62 104.50 105.52
103.30 103.06 103.62 104.49 105.52

129.67
115.89
111.90
111.89

dollar output multiplied by 100.
Percent changes from preceding period for items in this table are shown in table 8.1. Contributions to the percent
change in real gross domestic product are shown in table 8.2.

January 2001

SURVEY OF CURRENT BUSINESS

D-19

National Data

Table 7.2.—Quantity and Price Indexes for Gross Domestic Product,
Final Sales, and Purchases

Table 7.4.—Chain-Type Quantity and Price Indexes for Personal
Consumption Expenditures by Major Type of Product

[Index numbers, 1996=100]

[Index numbers, 1996=100]

Seasonally adjusted

Gross domestic product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

1998

1999

112.50
108.99
103.23
103.22

119.02
113.60
104.77
104.77

1999

117.64
112.42
104.63
104.65

Seasonally adjusted
2000

122.35
116.27
105.31
105.24

119.55
113.98
104.90
104.89

1998

128.49
119.92
107.22
107.15

111.95
108.38
103.30
103.30

118.92
113.41
104.86
104.86

117.91
112.61
104.71
104.70

119.54 121.89 124.92
113.86 115.64 117.54
105.00 105.41 106.29
104.99 105.40 106.28

126.86
118.66
106.92
106.91

128.14
119.37
107.35
107.34

Gross domestic purchases:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

113.16
110.45
102.45
102.45

120.89
116.16
104.08
104.08

119.36
114.90
103.86
103.88

121.76
116.76
104.30
104.28

124.76 127.66
119.13 120.77
104.80 105.78
104.72 105.70

130.36
122.68
106.33
106.26

131.98
123.59
106.86
106.79

Final sales to domestic
purchasers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

112.61
109.85
102.52
102.51

120.80
115.98
104.16
104.16

119.63
115.11
103.94
103.93

121.75 124.31
116.65 118.52
104.39 104.89
104.38 104.88

127.77
120.68
105.88
105.87

129.94
122.08
106.45
106.44

131.64
123.06
106.98
106.97

111.21
213.50
52.09
52.09

118.22
314.26
37.62
37.62

112.52
108.22
103.98
103.98

119.03
112.39
105.91
105.90

117.66
111.27
105.72
105.74

119.51
112.69
106.07
106.05

113.08
109.47
103.31
103.31

120.75
114.58
105.39
105.38

119.21
113.38
105.13
105.15

121.57 124.59
115.08 117.35
105.66 106.25
105.64 106.17

Personal consumption
expenditures
Durable goods
Motor vehicles and parts
Furniture and household
equipment
Other
Nondurable goods

115.67
295.99

38.81
39.08

124.29 123.88 136.17
358.44 413.00
34.26
32.68
36.49
34.56
32.97
36.78

337.95

122.34
114.89
106.56
106.48

145.95 152.41
461.08 502.06
31.37 30.09
31.65 30.36

124.71 127.11
116.10 117.57
107.49 108.18
107.42 108.11

128.25
118.10
108.67
108.60

127.45
118.87
107.30
107.22

131.61
121.35
108.53
108.46

Food
Clothing and shoes
Gasoline, fuel oil, and other
energy goods
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other
Addenda:
Energy goods and services l
Personal consumption
expenditures less food and
energy

108.42
117.97
113.82

114.15 113.42 114.82 116.49 118.63 119.54

126.93

124.30
114.79
107.04
103.42
113.02

142.98 140.04
127.62 124.97

132.65 131.47 134.01

138.17 145.70 143.83

126.03

126.75

129.11

137.24

131.05

145.17
128.89

151.20 157.95
133.71 141.12

160.13
141.91

112.13 113.47

115.50 117.20

118.24

113.05

107.62 106.62
123.17 122.40

107.73 110.19
124.58 124.56

110.97
130.61

111.53
132.40

107.09
108.06
99.60
119.55

120.86
146.50
133.44
163.48
144.03
119.60
111.85
135.45

103.86
105.63
89.89
111.57
107.30

107.04
107.59
103.03
120.18

108.39
109.68
98.19
122.80

104.37
105.65
94.30
125.86

105.54
106.46
98.17
127.38

111.29 110.71 111.95

113.00

114.45

115.75

107.00
107.73
101.16
129.80
116.82

104.55
108.11
100.98
112.96
108.86
105.57
108.24
111.00

107.22
112.82
101.68
120.33
112.61
108.26
114.02
117.04

106.88
112.18
101.09
119.65
111.90
107.81
113.20
116.22

107.53
114.94
105.21
121.52
113.33
108.73
115.17
117.56

108.27
113.24
99.22
122.66
114.38
109.62
116.27
120.16

108.91
114.94
100.97
124.33
115.57
110.19
118.96
123.04

109.63
118.12
105.99
126.28
116.68
110.97
121.54
124.48

110.25
118.25
103.98
127.90
117.11
111.62
123.86
126.69

102.48

104.45

104.28

106.10

103.99

102.58

105.41

105.36

109.74

115.98

115.25

116.69

118.44

121.07

121.91

123.51

106.58 107.13

107.61

107.36
108.20
100.88
118.35

Chain-type price indexes
130.06
120.59
107.93
107.85

Personal consumption
expenditures
Durable goods

103.74 105.75
92.12 96.02

105.41
94.99

105.94
98.51

102.77 104.26

104.09

104.38 104.78 105.49

106.54
101.34

107.14
109.78

107.75
112.74

108.70
115.75

105.95 106.33

Motor vehicles and parts
Furniture and household
equipment
Other
Nondurable goods

103.03 104.85

Table 7.3.—Quantity and Price Indexes for Gross National Product and
Command-Basis Gross National Product
[Index numbers, 1996=100]

Food
Clothing and shoes
Gasoline, fuel oil, and other
energy goods
Gasoline and oil
Fuel oil and coal
Other
Services

Gross national product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

112.20 118.60
108.73 113.24
103.19 104.74
103.19 104.73

Less: Exports of goods and
services and income
receipts from the rest of the
world:
Chain-type quantity index

114.51

118.55

117.25
112.07
104.59
104.62

119.10 121.90 124.44 126.89 128.08
113.59 115.88 117.32 118.93 119.56
104.87 105.27 106.14 106.77 107.20
104.86 105.19 106.07 106.70 107.13

116.36 120.12

123.74 126.69 131.95

134.75

Plus: Command-basis exports
of goods and services and
income receipts from the
rest of the world:
Chain-type quantity index

119.39

Equals: Command-basis gross
national product:
Chain-type quantity index

109.43 113.84 112.73 114.10 116.31 117.64 119.33 119.86

122.72 120.96 123.72

126.73

128.91

134.76

NOTE—Percent changes from preceding period for selected items in this table are shown in table 8.1.

136.89

Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other
Addenda:
Energy goods and services l
Personal consumption
expenditures less food and
energy

104.60

105.10 105.67

95.42

93.09

93.30

92.86

92.44

91.98

91.83

91.30

99.01

99.29

98.91

99.50

99.81

99.30

99.88

99.81

90.36
98.24

85.19
96.62

85.77
97.21

84.58
96.24

83.38
96.11

82.73
96.12

81.97
95.85

81.05
95.32

101.35

103.71

103.43 104.15

105.09

106.48

104.05
98.01

106.14
96.38

105.81
96.73

106.35
95.83

106.95
96.84

107.59 108.20 109.20
95.67
95.12
94.48

88.24 95.39
87.87 95.66
91.53 92.92
102.86 106.86

99.34
94.24
99.91
94.81
89.21
94.23
106.52 107.26

104.16
104.39
101.97
107.51

118.69
117.85
125.95
107.94

105.50 107.99

107.66 108.26

106.25
100.76
98.80
101.96
104.88
104.51
105.77
107.96

109.40
100.63
98.43
101.98
106.35
107.02
108.84
111.04

109.11
100.35
97.91
101.85
106.29
106.60
108.59
110.62

93.23

96.85

96.00

103.45

105.11

104.92

1. For some components of final sales of computers, includes computer parts.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




2000

Chain-type quantity indexes
124.82 127.29
117.65 119.27
106.17 106.80
106.10 106.73

Final sales of domestic
product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

Addenda:
Final sales of computers l :
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross domestic product less
final sales of computers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross domestic purchases
less final sales of
computers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Chain-type price indexes for
gross domestic purchases:
Food
Energy goods and services
Gross domestic purchases
less food and energy

1999

109.74
100.55
98.73
101.68
106.32
107.29
109.31
111.41

110.41
101.04
99.20
102.18
107.09
107.98
110.06
111.86

99.09 101.88

105.25

105.69

1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas.

107.35 107.93

123.52
123.65
122.27
109.10

124.37
123.84
128.85
109.69

109.88 110.43

111.12

112.17
101.55
101.43
101.72
109.16
109.50
112.28
113.38

112.98
102.80
105.44
101.42
109.84
110.62
113.47
113.17

111.33
101.18
99.61
102.17
108.02
109.13
111.33
113.12

109.84 113.25 115.61

106.26

106.64 106.93

D-20

• National Data

January 2001

SURVEY OF CURRENT BUSINESS

Table 7.6—Chain-Type Quantity and Price Indexes for Private Fixed
Investment by Type
[Index numbers, 1996=100]

Table 7.9—Chain-Type Quantity and Price Indexes for Exports and Imports of Goods and Services and for Receipts and Payments of Income
[Index numbers, 1996=100]

Seasonally adjusted
1998

1999

Seasonally adjusted

2000
II

III

1998

IV

1999

1999

2000

Chain-type quantity indexes
Chain-type quantity indexes
Private fixed
investment
Nonresidential
Structures
Nonresidential buildings,
including farm
Utilities
Mining exploration, shafts,
and wells
Other structures
Equipment and software
Information processing
equipment and software
Computers and
peripheral equipment*
Software 2
Other
Industrial equipment
Transportation equipment
Other
Residential
Structures
Single family
Multifamily
Other structures
Equipment

122.48 133.70

132.53 135.05

137.43

142.73 146.59 147.71

126.78 139.56

137.59 141.47

144.73

151.79 157.04 159.97

116.88 115.22

115.01 113.18

115.83

121.80 123.12 127.40

114.48
122.09

121.56 123.39 125.37
124.63 118.82 126.53

116.97 115.92 116.09
119.36 120.76 119.77
115.84 102.09
108.81 118.37
130.33 148.74

97.76
126.92

113.36
120.92

100.86 116.53 123.71 134.79 144.82
115.09 120.95 111.74 104.25 130.69

146.05 152.21

155.70

163.16 170.00 172.34

150.24 188.74

183.41

195.33 204.64 219.11 232.93 242.13

210.72
158.74
116.03
107.67
120.96
122.20

306.72
197.65
134.50
108.31
138.07
121.25

294.19
190.37
133.01
106.76
136.06
121.79

325.92
202.34
138.59
109.15
143.35
119.18

110.47
110.52
110.57
106.58
111.15
108.67

117.56 118.41 117.48 117.63
117.54 118.43 117.42 117.53
117.92 118.48 116.65 118.66
113.95 113.49 114.43 112.95
117.69 119.24 118.95 116.89
118.61 117.91 120.07 122.07

344.08
215.75
141.52
111.99
141.03
118.76

372.78
225.96
154.45
116.44
142.04
123.42

419.58
235.97
162.13
120.20
143.39
126.47

457.68
246.24
162.82
122.67
137.23
125.42

118.56 118.93 115.64

118.37 118.75 115.38

123.03
116.89
112.59

121.62
116.14
115.47

116.21
107.12
115.72

126.79 127.37 127.76

Chain-type price indexes

Exports of goods and services
Goods 1
Durable
Nondurable
Services 1

114.80
117.01
121.89
106.54
109.58

Nonresidential
Structures
Nonresidential buildings,
including farm
Utilities
Mining exploration, shafts,
and wells
Other structures
Equipment and software
Information processing
equipment and software
Computers and
peripheral equipment
Software 2
Other
Industrial equipment
Transportation equipment
Other
Residential
Structures
Single family
Multifamily
Other structures
Equipment

100.17 100.66

109.65 110.44

99.07 99.71
95.42 95.84
111.42 112.72

106.99 111.26 110.66 111.70
103.50 103.42 103.06 103.41

112.75 114.22
104.02 104.85

114.95 115.94
106.01 106.30

99.17

99.10

99.14

99.06

97.13

95.84

95.99

95.62

107.71 110.19

96.64

113.75 115.15

120.02 112.81 112.34 111.99 113.24 114.24 116.94 122.98
104.93 106.74 106.47 106.73 107.47 108.24 110.35 110.97
93.78

91.46

91.77

91.11

90.62 90.82

91.05

91.22

85.13

79.87

80.32

79.32

78.42 78.62

78.76

78.80

56.89
95.39
98.35
101.33
100.09
102.34

43.40 44.26 42.00 40.28 39.20 37.96 36.84
95.75 95.72 95.93 95.89 97.91 100.03 101.78
97.27 97.59 97.11 96.53 96.40 96.27 96.14
101.98 101.79 101.95 102.27 102.41 102.46 102.64
100.89 101.38 100.60 100.31 100.70 101.18 101.64
103.40 103.37 103.45 103.62 103.55 103.98 104.38

105.59 109.64 109.28 110.21
105.74 109.93
105.60 110.41
113.45 117.69
104.66 108.05
99.54

110.94 112.36 113.08

113.83

109.57 110.52 111.26 112.72 113.45 114.22

109.91 111.01 112.01 113.80
117.28 118.09 118.96 120.87
107.88 108.68 109.09 110.04
97.85 97.94 97.95 97.76

1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment.




96.23

114.00
121.08
111.55

114.60
121.72
112.58

98.39

98.18

116.41
118.97
124.56
106.95
110.36

119.27
123.45
129.90
109.56
109.67

116.21 122.93
138.32 143.82
141.02 147.28
147.20 154.56
129.07 133.26
125.13 127.05

Income receipts

113.51 119.78

Imports of goods and services
Goods'
Durable
Nondurable
Services 1

127.15 140.72

127.67
131.33
120.65
124.42

143.64
150.51
130.45
126.54

Income payments

122.78

132.53 128.29 137.14

122.22
127.18
133.80
112.91
110.92

124.10
129.06
136.42
113.21
112.79

128.33
134.79
144.21
114.56
113.78

132.56
141.37
150.31
122.14
112.98

128.75 135.20

143.82 141.98

147.53
151.23
160.22
134.18
129.59

151.76
155.29
165.10
136.78
134.66

158.36
162.54
172.67
143.42
138.07

164.72

142.85

147.59

157.34

155.98

168.74
179.79
148.03
145.20

Chain-type price indexes

Exports of goods and services
Goods 1
Durable
Nondurable
Services 1

96.26 95.86 95.62 95.88 96.51 96.98 97.43 97.60
94.25 92.96 92.72 92.87 93.41 93.68 94.02 94.02
94.87 93.65 93.67 93.39 93.65 93.54 93.62 93.77
92.75 91.25 90.36 91.58 92.84 94.07 95.13 94.74
101.34 103.30 103.06 103.62 104.50 105.52 106.27 106.92

Income receipts

102.40 103.99 103.70 104.16 104.76 105.69 106.30 106.91

Imports of goods and services
Goods 1
Durable
Nondurable
Services'
Income payments

Private fixed
investment

118.17
121.63
127.75
108.46
110.14

95.91

91.13 92.47 93.68 94.97 95.03
89.57 90.93 92.30 93.77 93.99
89.14 88.84 88.78 89.00 88.90
90.41
95.46 100.06 104.48 105.42
99.66 100.85 101.14 101.25 100.33

95.00
88.66
109.36
100.41

103.45 105.10 104.76 105.19 106.10 106.85 107.25

107.61

91.26
90.16
90.83
88.70
97.09

91.80
90.31
89.14
92.85
99.89

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods
to services.

January 2001

D-21

National Data

SURVEY OF CURRENT BUSINESS

Table 7.10.—Chain-Type Quantity and Price Indexes for Exports and Imports of Goods and Services by Type of Product
[Index numbers, 1996=100]
Seasonally adjusted
1998

1999

1999
III

Seasonally adjusted
2000

1998

1999

IV

III

Chain-type quantity indexes

Exports of goods and
services
Exports of g o o d s

]

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
Exports of services'
Transfers under U.S. military
agency sales contracts
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Imports of goods and
services
Imports of g o o d s

]

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
Imports of services 1
Direct defense expenditures ...
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Addenda:
Exports of agricultural
goods2
Exports of nonagricultural
goods
Imports of nonpetroleum

117.01 121.63 118.97 123.45 127.18 129.06 134.79 141.37
101.94 100.27 107.69 105.24 106.90 106.02 116.48

107.42 108.29 106.84 108.52 113.69 114.67 117.27 123.00
110.83 114.10 111.92 114.40 120.59 126.74 130.90 133.02
105.49 105.00 103.96 105.19 109.79 107.98 109.76 117.36
128.14 135.28 131.16 138.43 141.52 142.64 156.15

164.40

165.96 160.30 152.19 160.71 159.17 129.42 155.29

145.58

137.05 156.22 154.35 162.30 162.77 178.48 195.83 208.11
119.02 126.39 122.66 129.54 133.98 138.76 149.06 160.27
111.48 114.72 113.91 117.23 116.96 120.92 120.28 121.24
112.30
112.66
111.92
124.30

114.81
115.67
113.91
136.23

113.07
113.34
112.79
131.86

114.72
115.82
113.58
132.27

118.56
122.89
114.09
151.18

125.27
126.41
124.11
146.46

129.68
132.07
127.22
155.83

109.58 110.14 110.36 109.67 110.92 112.79 113.78

112.98

123.55
128.88
118.04
151.45




Exports of goods 1
Foods, feeds, and beverages
Industrial supplies and
materials
Durable goods
Nondurable goods
Capital goods, except
automotive
Civilian aircraft, engines,
and parts
Computers, peripherals, and
parts
Other
Automotive vehicles, engines,
and parts
Consumer goods, except
automotive
Durable goods
Nondurable goods
Other
Exports of services 1

93.84
103.29
93.00
107.57
110.80
144.29
92.02

92.28
103.80
94.02
106.27
107.47
142.30
93.81

127.15 140.72 138.32 143.82 147.53 151.76 158.36

164.72

Imports of goods and
services

127.67 143.64 141.02 147.28 151.23 155.29 162.54

168.74

118.19 129.15 128.54 131.82 132.67 132.58 136.70

143.08

119.95
123.82
115.84
111.94

135.85
138.65
132.72
119.67

104.98
101.08
94.19
106.28
107.88
133.43
88.86

125.63
128.54
122.54
112.04

118.59
100.37
94.76
105.89
108.42
131.12
91.37

123.62
126.87
120.15
117.35

100.88
100.32
96.43
104.04
107.54
134.12
87.29

127.18
127.93
126.43
115.60

90.27
103.77
92.32
108.67
106.94
138.87
82.00

131.60
135.10
127.89
105.17

89.34
103.60
93.81
107.21
107.58
144.25
87.06

133.17
137.77
128.29
112.37

132.16
138.03
125.94
121.19

143.93 165.82 162.26 170.66 177.99 184.09 198.87 210.90
163.09 174.50 169.29 187.72 175.95 168.51 179.33 190.86
164.54 212.12 211.90 219.36 225.25 226.80 248.66 264.86
134.30 148.93 144.58 152.09 161.79 170.57 183.51 194.21
115.22 137.71 134.14 143.22 143.99 147.82 148.93 154.19
129.16
129.55
128.79
133.52

143.85
145.63
142.02
160.15

140.17
143.05
137.19
153.49

146.61
149.60
143.52
161.95

152.15
154.54
149.68
180.19

167.48
171.12
163.72
180.15

169.89
171.58
168.16
202.21

124.42 126.54 125.13 127.05 129.59 134.66 138.07

145.20

124.43
123.01
117.73
115.38
145.74
134.05
107.84

144.75
151.59
134.94
127.16
226.07
144.62
107.83

135.39
126.22
122.96
115.91
162.66
129.76
104.54

135.78
125.62
120.92
113.53
158.45
128.52
102.88

143.68
126.16
121.27
115.66
162.16
130.24
107.47

130.79
129.02
127.86
117.02
177.87
134.17
102.77

157.18
162.45
151.74
175.90

137.37
136.37
129.54
119.92
182.23
139.87
105.75

141.88
142.61
131.42
122.67
186.55
140.99
106.64

101.73 102.69 101.66 110.18 104.24 110.29 109.74 119.91
118.64 123.62 120.80 124.92 129.53 131.04 137.35 143.63
129.13 146.37 142.98 149.96 155.50 159.09 166.01 173.26

NOTE—See footnotes to table 4.3.

Exports of goods and
services

Transfers under U.S. military
agency sales contracts
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other

119.70
98.71
103.14
101.44
108.69
125.97
100.36

2000
IV

Chain-type price indexes

114.80 118.17 116.41 119.27 122.22 124.10 128.33 132.56

99.15

1999

Imports of g o o d s '
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
Imports of services l
Direct defense expenditures ...
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Addenda:
Exports of agricultural
goods 2
Exports of nonagricultural
goods
Imports of nonpetroleum
goods

96.26

95.86

95.62

95.88

96.51

96.98

97.43

94.25

92.96

92.72

92.87

93.41

93.68

94.02

84.27

80.42

80.88

79.91

79.24

79.24

80.31

97.60
94.02
77.36

94.23
95.02
93.77

92.80
92.57
92.96

91.31
92.15
90.81

93.49
92.41
94.16

95.52
93.21
96.94

97.48 98.80
93.98 94.48
99.67 101.53

99.37
94.54
102.44

92.49

91.01

91.18

90.63

90.75

90.32

90.25

90.45

104.79 107.22 106.99 107.19 108.13 109.47 110.54

111.67

64.64
93.33

64.33
93.54

100.93 101.56 101.40 101.57 101.96 102.19 102.39

102.59

100.75 100.42 100.33 100.38 100.64 100.86 100.88
100.69 100.07 100.00 100.17 100.20 100.61 100.95
100.82 100.78 100.67 100.60 101.12 101.12 100.78
95.60
96.68
95.14
96.36
96.59 96.82
95.31

100.91
100.91
100.89
96.54
106.92

75.52
94.64

68.41
93.90

68.99
94.03

67.34
93.67

67.05
93.74

65.56
93.32

101.34 103.30 103.06 103.62 104.50 105.52 106.27
95.70
103.53
95.46
96.81
102.56
99.67
115.25

100.17
106.21
102.86
97.55
104.10
99.89
117.75

100.10
106.07
101.37
96.96
103.85
100.15
116.08

99.86
106.87
103.73
99.22
104.31
99.97
115.99

100.68
107.67
105.17
100.20
104.91
99.93
122.31

99.83
109.39
104.46
102.89
105.85
101.18
119.69

99.39
111.48
105.92
104.60
106.46
101.52
116.35

99.25
112.06
106.61
108.22
107.07
102.31
112.62

91.26

91.80

91.13

92.47

93.68

94.97

95.03

95.91

90.16

90.31

89.57

90.93

92.30

93.77

93.99

95.00

97.72

94.49

95.05

93.55

94.05

94.12

93.46

92.55

94.96
97.01
92.89
62.51

94.47
97.21
91.65
83.20

93.07
96.38
89.64
74.69

95.37 96.85
99.21 101.98 104.42
98.59
98.67 102.46 103.25 102.76
92.03 94.98
95.80 100.76 106.39
94.67 112.06 132.18 132.79 145.93

82.11

78.56

78.81

77.67

77.46

77.17

76.77

76.31

105.56 107.52 107.33 107.46 108.04 108.81 109.52 110.63
71.60
84.81

62.43
83.73

62.81
83.94

60.68
83.26

60.36
83.04

59.99
82.70

58.68
82.71

58.20
82.16

100.34 101.03 100.98 101.15 101.27 101.44 101.79 101.91
97.47
95.24
99.92
99.33

96.79
94.09
99.76
99.30

97.09

99.89

89.20
95.61
107.24
96.03
102.55
96.35
99.27

91.41
97.86
110.06
107.48
104.13
94.68
102.61

96.69
94.04
99.59
98.98

96.58
93.85
99.58
99.25

96.65
93.80
99.79
99.51

96.35
93.41
99.58
99.70

95.95 95.87
93.04 92.93
99.15
99.12
99.91 100.42

99.66 100.85 101.14 101.25 100.33 100.41
90.08
97.54
110.29
105.24
103.84
96.03
102.26

91.52
97.66
111.52
112.99
104.30
94.45
103.34

93.11
98.56
110.12
114.92
104.90
93.05
104.13

90.03
96.72
113.63
115.38
105.83
94.85
103.00

87.88
94.07
115.61
115.28
106.44
94.34
102.58

86.61
92.12
117.45
117.65
107.05
95.22
102.42

84.90

78.58

78.25

77.74

77.90

77.36

78.17

75.66

95.18

94.35

94.12

94.33

94.91

95.25

95.56

95.78

92.60

91.09

90.95

90.84

91.06

91.26

91.45

91.61

D-22

• National Data

January 2001

SURVEY OF CURRENT BUSINESS

Table 7.11.—Chain-Type Quantity and Price Indexes for Government Consumption Expenditures and Gross Investment by Type
[Index numbers, 1996=100]
Seasonally adjusted
1998

1999

1999

II

III

Seasonally adjusted
2000

IV

I

II

1998

1999

III

Chain-type quantity indexes
Government consumption
expenditures and gross
investment1
Federal
National defense
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of
general government
employees, except
own-account
investment3
Consumption of
fixed capital 4
Other services
Gross investment
Structures ...
Equipment and software
Nondefense
Consumption expenditures
Durable goods 2
Nondurable goods
Commodity Credit
Corporation
inventory change
Other nondurables
Services
Compensation of
general government
employees, except
own-account
investment3 .
Consumption of
general government
fixed capital 4
Other services
Gross investment
Structures
Equipment and software
State and local
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of general
government
employees, except
own-account
investment3
Consumption of general
government fixed
capital 4
Other services
Gross investment
Structures
Equipment and software
Addenda:
Compensation of general
government employees3 ....
Federal
State and local

99.12 101.61 100.09 101.77 104.98 101.04 105.13 102.67
95.70 97.62 95.33 98.14 101.09 95.65 99.46 96.97
96.15 97.16 94.71 97.27 100.54 94.47 98.68 96.08
102.72 108.28 109.38 116.32 107.48 107.56 106.44 104.58
104.35 115.92 112.94 138.58 112.98 132.50 130.29 117.41
95.45 95.88 93.19 94.89 99.75 92.57 97.32 94.95

90.90

90.83

91.04

90.32

89.95

90.05

90.68

99.10 99.54 99.42 99.61 99.90 100.26 100.64 101.06
96.16 101.65 92.39 97.85 115.98 90.95 107.39 97.54
93.31 100.64 99.32 103.61 104.65 103.01 104.38 102.51
76.17 72.18 72.94 70.98 70.12 62.68 59.50 59.40
95.84 104.93 103.29 108.56 109.89 109.20 111.31 109.16
106.06 109.72 109.74 109.14 112.88 111.95 116.62 114.24
102.99 103.22 102.56 102.71 104.22 104.99 108.75 106.33

129.16 123.98 125.45 122.46 122.72 125.11 122.36 121.37
101.81 100.86 100.34 100.68 101.39 102.56 106.66 103.92

100.47 101.13 100.87

99.85 101.06 103.15 108.44 104.01

119.66 135.52 133.16 137.65 142.28 147.20 151.96 156.64
96.76 85.80 85.53 86.86 84.98 82.78 84.20 81.81
120.65 141.01 144.35 140.06 154.86 145.36 154.54 152.39
94.26 90.85 86.79 87.38 94.47 88.21 85.15 83.17
135.51 170.31 178.21 170.91 190.31 178.93 195.69 193.48
113.57
110.62
126.18
119.32
109.31

115.40
111.46
128.12
120.78
110.06

115.07
112.18
130.08
122.26
110.67

Federal

115.89
112.98
132.08
123.75
111.36

103.19 104.64 104.43 104.86 105.15 105.68 106.02 106.49
111.04
146.12
113.94
110.60
124.85

118.18
163.57
122.79
116.88
142.56

117.17
160.00
119.87
113.96
139.66

119.11
165.92
121.44
114.43
145.17

121.12
172.94
126.89
119.94
150.32

123.23
175.11
133.18
126.68
154.83

II

III

125.42
177.56
128.06
118.75
160.25

103.67 106.41 106.00 106.82 107.62 109.30 110.02 110.82
102.60 105.27 104.95 105.45 106.02 108.01 108.18 108.88

Nondefense
Consumption expenditures
Durable goods 2
Nondurable goods
Commodity Credit
Corporation
inventory change
Other nondurables
Services
Compensation of
general government
employees, except
own-account
investment3
Consumption of
general government
fixed capital 4
Other services
Gross investment
Structures .
Equipment and software

103.38 106.27 105.97 106.45 106.95 109.26 109.35 109.92
104.63 108.18 107.82 108.43 108.98 111.66 111.51 112.08

101.28 102.04 101.87 102.11 102.31 102.80 103.59 103.60
96.00 94.72 94.71 94.45 94.33 94.83 96.83 95.63
103.31 104.86 104.63 105.07 105.39 105.87 106.18 106.68

111.91
109.78
123.74
117.64
108.60

I

102.20 104.75 104.42 104.92
103.09 105.93 105.53 106.16
98.69 98.67 98.64 98.45
87.02 91.30 87.96 94.22
103.91 106.94 106.63 107.12

Addenda:
Compensation of general
government employees3 ....
Federal
State and local

110.91
108.90
122.10
116.04
107.82

2000

IV

National defense
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of
general government
employees, except
own-account
investment3
Consumption of
general government
fixed capital 4
Other services
Gross investment
Structures ..
Equipment and software

127.71
178.99
128.98
118.54
165.40

111.82
109.37
123.10
116.88
108.24

1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods
transferred to foreign countries by the Federal Government.
3. Compensation of government employees engaged in new own-account investment and related expenditures




Government consumption
expenditures and gross
investment1

State and local
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of general
government
employees, except
own-account
investment3
Consumption of general
government fixed
capital 4
Other services
Gross investment
Structures
Equipment and software

107.74
106.34
115.60
110.96
105.62

III

Chain-type price indexes

104.53 108.03 106.89 108.14 110.38 110.07 111.37 110.99

93.37

1999

II

105.54
106.83
98.85
100.49
107.61

107.35
108.95
99.37
106.97
109.71

107.57
109.17
99.62
106.10
109.97

108.34
110.04
99.74
112.70
110.70

105.54 110.08 109.95 110.11 110.47 114.48 114.44 115.15
99.79 100.68 100.44 100.70 101.31 102.18 102.49 103.07
104.53 106.91 106.22 107.44 108.02 108.23 108.90 109.79
97.00 97.97 97.95 97.86 98.16 98.37 98.57 98.83
106.17 110.09 109.64 110.58 111.79 112.65 113.95 114.97
95.84 96.51 96.52 96.33 96.55 96.70 96.82 97.02

99.17 102.17 101.08 103.34 104.86 106.50 106.98 108.64
105.14 108.80 108.46 109.03 109.51 112.43 112.23 112.83

107.24 112.94 112.55 113.39 113.72 117.97 117.14 117.66
98.39 99.11 99.00 99.11 99.55 100.56 101.45 101.95
104.50 105.75 105.36 105.69 106.53 107.87 108.28 109.14
97.95 98.47 98.40 98.45 98.78 99.86 100.76 101.34
106.10 108.85 108.32 109.02 110.29 111.15 112.31 113.15
94.47 94.26 94.31 94.19 94.27 95.39 96.21 96.72
104.28 107.06 106.61 107.60 108.52
104.63 107.59 107.09 108.22 109.20
99.19 98.95 98.81 98.84 99.17
94.27 97.79 96.40 100.29 102.23
106.08 109.04 108.65 109.43 110.29

110.03
110.84
99.34
108.98
111.26

111.05
111.83
99.50
110.28
112.22

111.90
112.73
99.73
112.51
112.95

106.58 109.99 109.49 110.43 111.43 112.28 113.08 113.84
101.50
108.47
102.83
106.27
92.98

102.91
107.82
104.82
110.02
90.55

102.72
108.61
104.59
109.63
90.68

103.04
108.00
105.03
110.44
90.22

103.76
106.95
105.76
111.54
90.08

104.61
109.98
106.73
112.79
90.37

105.76
112.78
107.90
114.27
90.77

106.48
113.13
108.54
115.10
91.00

106.47 110.30 109.87 110.68 111.51 113.19 113.70 114.42
106.17 111.18 110.95 111.38 111.73 115.81 115.47 116.10
106.58 109.99 109.49 110.43 111.43 112.28 113.08 113.84

for goods and services are classified as investment in structures and in software. The compensation of all general
government employees is shown in the addenda.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial
measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net
return on these assets.

D-23

National Data

SURVEY OF CURRENT BUSINESS

January 2001

Table 7.14.—Chain-Type Quantity and Price Indexes for Gross Domestic
Product by Sector

Table 7.16.—Implicit Price Deflators for Private Inventories by Industry
Group

[Index numbers, 1996=100]

[Index numbers, 1996=100]
Seasonally adjusted

1999

1999

Seasonally adjusted

96.56

97.68

98.28

99.75 100.17 100.32

Farm

91.21

90.79

92.73

99.28

Nonfarm
Durable goods
Nondurable goods ...

97.03
96.50
97.71

98.28 98.77 99.82 100.42 100.87
97.01 97.41 97.68 97.76 97.66
99.90 100.52 102.57 103.83 105.00

Manufacturing
Durable goods
Nondurable goods ...

95.11
94.96
95.40

96.50
95.74
97.80

97.38 98.43 98.90 99.42
96.34 96.79 96.63 96.70
99.14 101.19 102.70 103.96

Wholesale
Durable goods
Nondurable goods ...

95.70
95.77
95.63

96.74
95.96
98.15

97.40 98.60 98.64 98.90
96.40 96.70 96.83 96.62
99.21 102.02 101.89 103.02

Private inventories'

Chain-type quantity indexes
Gross domestic
product
Business1

Households and institutions
Private households
Nonprofit institutions
General government

108.99 113.60 112.42 113.98 116.27 117.65 119.27 119.92
110.07 115.27 113.90 115.70 118.34 119.88 121.66 122.36

Nonfarm 2
Nonfarm less housing
Housing
Farm

3

Federal
State and local

110.07
110.85
103.08
108.74

115.26
116.27
106.27
115.26

113.82
114.73
105.67
120.80

115.71
116.72
106.70
113.32

118.39
119.60
107.70
111.82

119.90
121.13
108.99
116.37

121.73
123.10
109.63
112.92

122.42
123.81
110.12
115.17

106.64 108.54 108.35 108.66 109.27 109.68 110.31 110.89
110.36 87.94 93.83 84.08 72.02 67.99 68.36 69.05
106.51 109.29 108.88 109.55 110.63 111.20 111.84 112.41
102.20 103.68 103.41 103.85 104.26 104.93 105.87 106.16
98.07 98.12 97.96 98.05 98.29 99.01 100.85 100.29
104.15 106.29 105.98 106.57 107.07 107.72 108.22 108.91
Chain-type price indexes

Gross domestic
product
Business1
Nonfarm2
Nonfarm less housing
Housing
Farm
Households and institutions .

103.23 104.77 104.63 104.90 105.31 106.17 106.80 107.22
102.91 104.18 104.07 104.27 104.63 105.41 106.03 106.38
103.24 104.67 104.60 104.79 105.08 105.91 106.45 106.85
102.95 104.23 104.18 104.34 104.59 105.41 105.94 106.31
105.98 108.95 108.67 109.16 109.87 110.76 111.40 112.15
80.56 69.84 67.28 68.40 73.44 71.34 77.37 73.59
103.61 106.19 105.88 106.47 106.97 107.77 108.77 109.99

Nonprofit institutions

105.49 108.58 108.39 108.95 110.00 111.34 112.99 114.09
103.55 106.10 105.80 106.39 106.88 107.67 108.65 109.87

General government3

105.45 108.80 108.41 109.13 109.93 111.46 112.03 112.74

Private households

Federal
State and local

104.26 108.03 107.81 108.17 108.58 111.69 111.61 112.21
106.00 109.16 108.70 109.57 110.54 111.39! 112.23 112.99

1. Equals gross domestic product less gross product of households and institutions and of general government.
2. Equals gross domestic business product less gross farm product.
3. Equals compensation of general government employees plus general government consumption of fixed capital.

Table 7.15.—Price, Costs, and Profit Per Unit of Real Gross Product of
Nonfinancial Corporate Business
[Dollars]
Price per unit of real gross
product of nonfinancial
corporate business'

1.010

1.019

Compensation of employees
(unit labor cost)

.653

.659

Unit nonlabor cost
Consumption of fixed capital

.239
.113

.241
.115

.098
.028

.097
.029

.120
.034
.086

Indirect business tax and
nontax liability plus
business transfer payments
less subsidies
Net interest
Corporate profits with
inventory valuation and
capital consumption
adjustments (unit profits
from current production)
Profits tax liability
Profits after tax with inventory
valuation and capital
consumption adjustments ...

1.019

1.019

1.019

1.025

1.031

1.032

.660

.661

.658

.658

.659

.661

.240
.115

.242
.116

.243
.115

.245
.116

.247
.117

.247
.118

.097
.028

.097
.029

.098
.030

.099
.030

.099
.031

.031

.119
.034

.119
.034

.116
.034

.118
.034

.122
.036

.126
.037

.123
.035

.085

.085

.083

.084

.086

.089

1. The implicit price deflator for gross product of nonfinancial corporate business divided by 100.




2000

1999

2000

Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers .
Durable goods
Nondurable goods

97.67

94.11

95.64 96.53 97.11 98.14 98.10 98.22
95.84 96.06 96.51 96.83 96.96 96.74
95.32 97.40 98.22 100.55 100.17 100.94
96.11 98.13 99.32 101.64 102.25 103.41
95.23 95.29 95.60 95.79 95.95 95.78
97.57 102.81 105.39 111.26 112.62 116.07
102.67
100.30
99.95
100.71
105.58

102.71
100.12
100.03
100.25
105.90

Retail trade
Durable goods
Motor vehicle dealers
Other
Nondurable goods

100.82 101.68 101.80 102.36
99.37 99.92 QQ Qfl 99.93
98.18 99.52 99.39 99.25
100.65 100.39 100.64 100.67
102.59 103.83 104.01 105.37

Other
Durable goods
Nondurable goods

97.23 99.77 99.40 101.45 105.15 107.21
103.40 102.50 102.90 104.05 103.50 102.75
96.72 99.59 99.15 101.30 105.42 107.74

1. Implicit price deflators are as of the end of the quarter and are consistent with the inventory stocks shown
in tables 5.12 and 5.13.

D-24

• National Data

SURVEY OF CURRENT BUSINESS

Table 7.17.—Chain-Type Quantity Indexes for Gross Domestic Product
by Major Type of Product

January 2001

Table 7.18B—Chain-Type Quantity indexes for Motor Vehicle Output
[Index numbers, 1996=100]

[Index numbers, 1996=100]
Seasonally adjusted
Seasonally adjusted
1998

II

III

IV

I

II

Gross domestic product

108.99 113.60 112.42 113.98 116.27 117.65 119.27 119.92
108.38 113.41 112.61 113.86 115.64 117.54 118.66 119.37

Final sales
Change in private
inventories
Durable goods
Final sales
Change in private
inventories
Nondurable goods
Final sales
Change in private
inventories
Services
Structures
Addenda:
Motor vehicle output
Gross domestic product less
motor vehicle output




113.17 120.08 117.77 120.80 124.84 126.79 129.40 130.72
111.55 119.66 118.44 120.58 123.22 126.64 127.82 129.34
121.28 131.80 128.46 133.65 138.26 142.10 146.86 147.72
119.47 131.58 129.96 133.41 136.51 142.58 145.20 146.80
106.50 110.55 109.04 110.41 113.99 114.49 115.47 117.12
105.08 110.06 109.14 110.27 112.55 113.97 114.08 115.53
105.64 108.89 108.28 109.31 110.50 111.18 112.59 112.95
112.06 115.74 115.48 114.48 116.54 119.98 119.06 118.89
115.34 126.35 123.96 127.71 130.25 130.35 128.86 123.03
108.76 113.15 112.01 113.50 115.77 117.20 118.93 119.80

2000

1999
II

III

Final sales of domestic
product
Change in private inventories
Goods

1999

2000

1999

1999

1998

III

IV

I

II

Motor vehicle output ... 115.34 126.35 123.96 127.71 130.25 130.35 128.86
Auto output
102.58 102.34 102.24 99.97 103.97 103.88 96.72
Truck output !
126.04 146.35 142.10 150.77 152.13 152.39 155.53
Final sales of domestic
product
113.54 121.07 121.81 122.51 123.04 129.35 121.59
Personal consumption
expenditures
114.94 126.94 128.55 127.69 129.43 138.07 131.61
New motor vehicles
115.85 130.15 130.62 130.75 134.24 144.92 137.22
Autos
107.95 120.73 121.66 120.09 126.32 133.18 128.63
125.21 141.32 141.23 143.33 143.66 158.77 147.41
Light trucks
Net purchases of used
autos
112.13 117.17 122.20 118.39 114.95 117.57 114.78
Private fixed investment
116.21 131.60 128.98 137.38 134.41 138.07 131.48
New motor vehicles
114.41 126.83 125.19 132.44 128.53 132.91 125.82
Autos
100.62 106.96 108.94 110.99 105.29 109.78 100.72
127.63 145.85 140.81 152.96 150.72 155.00 149.76
Trucks
132.05 149.20 142.84 159.04 153.56 163.55 158.47
Light trucks
118.99 139.13 136.53 141.18 144.88 138.69 133.18
Other
Net purchases of used
autos
107.80 109.19 111.20 114.14 106.81 113.79 104.95
Gross government
investment
114.33 118.29 102.22 123.73 135.82 123.54 115.38
Autos
95.32 99.01 88.86 108.11 108.30 86.04 93.99
New trucks
124.94 129.04 109.62 132.38 151.25 144.75 127.34
Net exports
Exports
Autos
Trucks
Imports
Autos .
Trucks

100.51
94.43
111.91
116.94
118.91
107.48

96.65
94.99
99.94
142.99
142.71
144.23

98.08
98.33
97.91
138.79
137.38
145.46

95.51
91.69
102.74
148.85
149.45
145.96

98.34
95.86
103.14
149.50
149.62
148.84

100.25
96.79
106.83
153.68
154.15
151.37

101.69
98.45
107.87
153.82
157.77
135.07

III
123.03
93.98
147.14
118.97
133.95
139.28
123.72
157.60
117.93
127.85
123.13
99.71
145.49
160.33
117.63
105.68
118.65
123.35
115.53
97.45
93.91
104.17
162.17
168.05
134.32

Change in private inventories
Autos
New
Domestic
Foreign .
Used
New trucks
Domestic
Foreign
Addenda:
Final sales of motor vehicles
to domestic purchasers
Private fixed investment in
new autos and new light
trucks
Domestic2 output of new
autos
Sales of imported new autos 3

115.38 128.35 127.83 131.09 131.46 137.60 131.04 131.24
113.39 124.11 122.68 130.51 124.90 131.63 124.20 124.36
97.99 100.70 99.59 101.90 100.85 105.06 101.48 101.99
123.41 144.38 144.11 145.99 152.66 152.30 150.64 149.25

1. Except for exports and imports, consists of new trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of personal consumption expenditures, private fixed investment, and gross government investment.

January 2001

National Data • D-25

SURVEY OF CURRENT BUSINESS

8. Supplemental Tables.
Table 8.1.—Percent Change From Preceding Period in Selected Series
[Percent]
Seasonally adjusted at annual rates
1998 1999

III
Gross domestic product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Personal consumption expenditures:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Durable goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Nondurable goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross private domestic investment:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Fixed investment:
Current cJcllars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Nonresidential:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Structures:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Equipment and software:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Residential:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Exports of goods and services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Exports of goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Exports of services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Imports of goods and services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Imports of goods:
Current dollars
Chain-type quantity index

5.7
4.4
1.3
1.3

5.8
4.
1,
1.5

3.9
2.5
1.4
1.4

5.8
4.7
1.1
1.1

7.1
5.3
1.8
1.8

8.0
5.6
2.
2.

8.0
10.6
-2.4
-2.4

9.7
12.4
-2.4
-2.4

4.0
4.0
0
0

1999

1998 1999

IV

III

9.7
8.3
1.6
1.3

4.8
3.3
3.3

5.6
2.4
2.4

3.8
2.2
1.6
1.6

7.1
5.0
1.9
1.9

8.2
5.9
2.2
2.2

11.3
7.6
3.5
3.5

5.2
3.1
2.1
2.1

6.4
4.5
1.8
1.8

12.8
15.0
-1.9
-1.9

5.9
8.0
-1.9
-1.9

11.0
13.0
-1.8
-1.8

21.2
23.6
-2.0
-2.0

-5.7
-5.0
-.6
-.6

5.2
7.6
-2.3
-2.3

8.1
5.6
2.3
2.3

9.0
3.8
5.0
5.0

7.8
4.9
2.8
2.8

11.2
7.4
3.6
3.6

11.7
6.0
5.4
5.4

7.0
3.6
3.3
3.3

7.0
4.7
2.2
2.2

6.3
3.9
2.3
2.3

6.2
3.7
2.4
2.4

6.5
4.6
1.8
1.8

6.9
4.5
2.3
2.3

6.2
3.8
2.3
2.3

9.2
5.2
3.7
3.7

6.7
4.6
2.0
2.0

6.3
3.7
2.5
2.5

11.5
12.5
-.9
-.9

6.5
6.6
-.1
-.1

-.5
0
-.2
-.5

13.4
15.0
-.6
-1.4

16.5
17.9
0
-1.2

7.6
5.1
2.3
2.4

24.0
21.7
1.8
1.8

3.7
1.8
1.8
1.9

10.9
11.8

9.1
9.2
-.1
-.1

8.7
8.7
0
0

7.2
7.2
0
0

19.4
16.4
2.6
2.6

13.3
11.2
1.9
1.9

5.1
3.1
2.0
2.0

10.8
13.0
-1.9
-1.9

8.6
10.1
-1.3
-1.3

8.0
9.6
-1.4
-1.5

10.1
11.8
-1.5
-1.6

23.1
21.0
1.8
1.8

16.4
14.6
1.6
1.6

9.6
7.7
1.8
1.8

10.7
7.2
3.3
3.3

-1.4
2.3
2.3

-4.8
-6.2
1.5
1.5

-3.5
-6.2
2.9
2.9

13.7
9.7
3.6
3.6

28.1
22.3
4.7
4.7

8.3
4.4
3.7
3.7

20.4
14.6
5.0
5.0

10.8
15.0
-3.6
-3.6

11.3
14.1
-2.5
-2.5

12.4
15.2
-2.4
-2.4

14.6
18.0
-2.9
-2.9

7.1
9.5
-2.1
-2.1

21.7
20.6
.9
.9

19.0
17.9
1.0
1.0

11.3
8.3
2.8
2.8

10.5
6.4
3.8
3.8

10.6
5.9
4.4
4.4

.2
-3.1
3.4
3.5

3.2
.5
2.6
2.7

8.6
3.2
5.2
5.2

0
2.3
-2.2
-2.2

2.5
2.9
-.4
-.4

6.7
5.8

11.4
10.2
1.1
1.1

13.2
10.3
2.7
2.7

8.4
6.3
1.9
1.9

16.5
14.3
1.9
1.9

14.6
13.9
.7
.7

-1.0
2.2
-3.1
-3.1

2.5
4.0
-1.4
-1.4

6.6
7.2
-.5
-.5

16.7
15.9
.6
.6

15.3
12.6
2.4
2.4

7.3
6.0
1.1
1.1

20.8
19.0
1.5
1.5

21.0
21.0
0
0

2.3
2.4
-.1
-.1

2.5
.5
1.9
1.9

7.0
2.8
4.2
4.2

-.3
-2.5
2.2
2.2

8.2
4.6
3.4
3.4

11.2
6.9
4.0
4.0

6.5
3.5
2.9
2.9

-.4
-2.8
2.5
2.5

5.8
11.9
-5.4
-5.4

11.3
10.7
.6
.6

22.5
16.2
5.5
5.4

23.8
16.9
6.0
5.9

16.6
10.7
5.3
5.3

18.3
12.0
5.6
5.6

18.8
18.6
.2
.2

21.4
17.0
3.8
3.8

5.1
11.8

12.7
12.5

25.0
19.0

26.3
19.0

18.0
11.2

18.5
11.2

21.2
20.0

21.2
16.2

1. For some components of final sales of computers, includes computer parts.




Seasonally adjusted at annual rates

2000

1999

3.9 -8.2
1.3 -10.6
2.6
2.7
2.6
2.7

Chain-type price index
Implicit price deflator
Imports of services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Government consumption expenditures
and gross investment:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Federal:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
National defense:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Nondefense:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
State and local:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Addenda:
Final sales of domestic product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross domestic purchases:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Final sales to domestic purchasers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross national product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Command-basis gross national product:
Chain-type quantity index
Disposable personal income:
Current dollars
Chained (1996) dollars
Final sales of computers':
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross domestic product less final sales
of computers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross domestic purchases less final
sales of computers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator

4.6
1.
2.9

2.9

IV
4.4
4.4

6.2
6.2

6.6
6.6

10.1
2.5
7.
7.4

11.5
6.3
4.9
4.9

17.1
16.6
.4
.4

6.6
10.6
-3.6
-3.6

22.7
22.3
.3
.3

3.9
.8
3.2
3.1

8.1
4.8
3.1
3.1

11.8
8.5
3.0
3.0

5.;
-1.1
6.4
6.4

7.6
4.8
2.7
2.7

1.5
-1.4
2.9
2.9

3.0
2.0
1.1
1.0

8.9
6.9
1.9
1.9

15.7 -7.5
13. -14,
2.2
7.7
2.2
7.8

17.9
17.2
.6
.6

-6.6
-9.0
2.6
2.6

-1.3
-2.3
1.1
1.0

14.5
12.3
2.0
2.0

15.2 -14.1
12.6 -19.8
2.4
7.1
2.3
7.1

17.8
16.9
.8
.8

-7.0
-9.7
2.9
2.9

11.3
10.!
1.0
1.1

-.4
-2.2
1.8
1.8

16.6
14.4
1.9
1.9

5.3
-3.3
8.9
8.9

18.2
17.8
.4
.4

-6.0
-7.9
2.1
2.1

4.4
.1
4.3
4.3

7.6
3.7
3.8
3.8

12.6
6.6
5.7
5.7

2.6
-1.1
3.8
3.8

6.1
2.9
3.1
3.1

-6.0
-6.0
9.5
12.2
-2.3
-2.3

2000

8.1
6.4
1.6
1.6

10.3
6.7
3.4
3.4

4.1
2.4
1.6
1.6

6.8
5.2
1.6
1.6

6.6
1.7
1.5

10.2
8.4
1.9
1.7

9.6
5.6
3.8
3.8

8.7
6.5
2.1
2.1

5.1
3.0
2.0
2.0

7.3
5.6
1.6
1.6

7.3
5.5
1.7
1.7

8.7
6.6
2.0
2.0

11.6
7.5
3.8
3.8

7.0
4.7
2.1
2.1

5.3
3.2
2.0
2.0

8.1
5.6
2.4
2.4

3.8
2.1
1.6
1.6

5.5
4.2
1.2
1.2

5.7
4.1
1.5
1.5

3.8
2.3
1.5
1.4

6.5
5.5
1.1
.9

9.7
8.3
1.5
1.3

8.6
5.1
3.4
3.4

4.7

4.0

1.8

5.0

8.0

4.7

5.9

1.8

5.9
4.8

5.0
3.2

5.1
2.8

4.2
2.2

4.5

5.5
1.9

5.9
3.7

4.4
2.6

1.2
6.3 26.6 33.3 -1.3 46.0 32.0 18.9
41.5 47.2 56.4 69.9 26.6 76.2 55.4 40.6
-28.5 -27.8 -19.1 -21.8 -22.3 -17.2 -15.1 -15.4
-28.5 -27.8 -19.1 -21.5 -22.0 -17.2 -15.0 -15.4

3.7
1.8
1.8
1.8

10.3
8.1
2.2
2.0

NOTE.—Contributions to the percent change in real gross domestic product are shown in table 8.2.

4.8
2.5
2.2
2.3

D-26

• National Data

SURVEY OF CURRENT BUSINESS

Table 8.2—Contributions to Percent Change in Real Gross Domestic
Product

January 2001

Table 8.3.—Contributions to Percent Change in Real Personal
Consumption Expenditures by Major Type of Product

Seasonally adjusted at annual rates
1998 1999

III

Seasonally adjusted at annual rates

2000

1999

1998

IV

III

Percent change at annual rate:
Gross domestic product

4.4

4.2

2.5

5.7

8.3

4.8

5.6

2.2

3.12

3.52

3.67

3.43

4.08

5.03

2.14

2.99

Durable goods
Motor vehicles and parts
Furniture and household
equipment
Other

.81
.32

.96
.35

1.14
.62

.64
-.02

1.04
.27

1.79
.87

-.42
-.64

.61
.25

.36
.13

.44
.17

.41
.11

.45
.20

.52
.25

.56
.37

.18
.04

.26
.10

Nondurable goods
Food
Clothing and shoes
Gasoline, fuel oil, and other
energy goods
Other

.79
.23
.24

1.10
.39
.29

.75
.24
.14

.97
.41
.24

1.47
.90

1.19
.28
.63

.74
.20
.18

.93
.11
.30

.02
.29

.05
.37

.10
.27

-.02
.34

.48

-.26
.54

.08
.27

.10
.41

1.53
.26
.19
.03
.16
.08
.30
.09
.61

1.46
.25
.17
.01
.16
.10
.26
.13
.55

1.78
.25
.18
-.01
.18
.11
.35
.16
.73

1.81
.25
.39
.23
.16
.14
.36
.18
.49

1.58
.29
-.22
-.32
.10
.11
.36
.10
.94

2.04
.23
.23
.09
.14
.12
.22
.24
1.00

1.83
.27
.42
.27
.16
.11
.30
.23
.50

1.46
.22
.02
-.11
.12
.04
.24
.20
.74

Gross private domestic investment..

2.06

1.15

.92

3.66

.33

Fixed investment
Nonresidential
Structures
Equipment and software
Information processing
equipment and software ..
Computers and peripheral
equipment
Software1
Other
Industrial equipment
Transportation equipment ....
Other
Residential

1.87
1.54
.22
1.32

1.53
1.26
-.05
1.30

1.43
1.18
-.20
1.38

1.33
1.47
-.19
1.66

1.26
1.22
.29
.94

2.68
2.54
.63
1.91

1.93
1.87
.14
1.73

.55
1.02
.44
.58

1.03

1.21

1.20

.91

1.37

1.28

.84

.40
.25
.01
.27
-.01
.27

.45
.33
.42
.09
.26
-.18
.25

.43
.48
.29
.15
.45
-.13

-.13

.23
.53
.15
.17
-.13
-.02
.03

.34
.39
.63
.26
.06
.23
.14

.53
.39
.37
.22
.08
.15
.06

.41
.40
.03
.14
-.35
-.05
-.47

Change in private inventories
Farm
Nonfarm

.20
-.02
.22

-.37 -1.42
-.01
.01
-.37 -1.44

1.17
-.14
1.32

1.78 -1.76
.49 -.15
1.29 -1.60

1.73
.10
1.63

-.22
-.05
-.17

-.94 -1.00

-.90

Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other

Net exports of goods and services ..
Exports
Goods
Services
Imports
Goods
Services
Government consumption
expenditures and gross
investment
Federal
National defense
Consumption expenditures
Gross investment
Nondefense
Consumption expenditures
Gross investment
State and local
Consumption expenditures
Gross investment
Addenda:
Goods
Services
Structures
Motor vehicle output
Final sales of computers2

.38
.37
.13
.08
.21
.15
.33

.01 2.50 3.04

-1.20 -1.03 -1.35 -1.08

-.37

.32
.67 1.48 1.45
.26
.60 1.05 1.09
.94
.18
.30
.51 1.13
.46 1.37 1.54
.11 -.09
.02
.08
.15
.21
.08
-.08
-1.46 -1.35 -1.95 -2.13 -1.45 -1.61 -2.48 -2.35
-1.21 -1.32 -1.89 -1.99 -1.28 -1.28 -2.26 -1.90
-.24 -.04 -.05 -.13 -.17 -.33 -.22 -.44

.38

.59

.13

1.50

-.18

.85

-.24

-.03
-.07
-.09
.02
.04
-.02
.06

.16

.07

.12
-.09
-.20
.10
.21
-.06
.27

.41
.46
.36
.10
-.05
.01
-.06

.79
.48
.46
.03
.30
.10
.20

-.93
-.86
-.82
-.04
-.07
.05
-.12

.97
.60
.57
.03
.37
.25
.12

-.57
-.38
-.34
-.04
-.18
-.15
-.03

.33

.43
.26
.17

.01
.24
-.23

.43
.31
.12

.71
.30
.41

.75
.29
.46

-.12
.25
-.37

.33
.26
.07

2.32
1.49
.56
.28
.38

2.28
1.64
.30
.34
.40

1.14
1.63
-.31
.06
.44

3.92
2.09
-.31
.45
.55

5.14
2.45
.67
.31
.25

2.41
1.34
1.09
.01
.60

3.18
2.75
-.28
-.16
.50

1.57
.67
-.05
-.64
.40

.04
.04

1. Excludes software "embedded," or bundled, in computers and other equipment.
2. For some components of final sales of computers, includes computer parts.
NOTE.—The quantity indexes on which the estimates in this table are based are shown in tables 7.1, 7.2, 7.4,
7.6, 7.9, 7.11, and 7.17.




2000
IV

Percent change at annual rate:

Percentage points at annual rates:
Personal consumption expenditures

1999

Personal consumption
expenditures

4.7

5.3

5.6

1.22

1.45

.48
.55
.19

.53
.66
.26

1.18
.34
.37

5.0

5.9

7.6

3.1

4.5

1.71

.95

1.52

2.67

-.64

.91

.62
.16

-.03
.67
.30

.39
.77
.36

1.29
.83
.55

-.95
.26
.06

.37
.39
.15

1.64

1.14

1.43

2.14

1.81

1.06

1.39

.59
.43

.38
.21

.61
.35

1.32

.44
.94

.29
.27

.45

.03
.05
-.02
.44

.07
.05
.02
.55

.15
.11
.04
.41

-.03
-.05
.02
.50

.12
.17
-.05
.70

-.38
-.34
-.04
.81

.12
.07
.05
.39

.15
.12
.04
.62

2.30

2.20

2.71

2.67

2.27

3.10

2.64

2.19

.38
.26
.02
.24
.14
.39
.20
.83

.39
.27
-.01
.28
.17
.54
.24
1.10

.37
.57
.34
.23
.21
.53
.27
.72

.42
-.34
-.48
.14
.16
.51
.15
1.37

.36
.35
.14
.21
.18
.34
.36
1.51

.38
.62
.39
.23
.16
.42
.33
.73

.33
.03
-.16
.19
.06
.36
.30
1.11

Percentage points at annual rates:
Durable goods
Motor vehicles and parts ,
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline, fuel oil, and other energy
goods
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other
Addenda:
Energy goods and servicesl
Personal consumption expenditures less
food and energy

4.28

.09

.14

.31

-.35

-.24

.51

-.01

4.62

5.05

4.13

4.96

7.38

2.27

4.32

1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas.
NOTE.—The quantity indexes on which the estimates in this table are based are shown in table 7.4. The estimates in this table differ from those in table 8.2 because this table shows contributions to real personal consumption
expenditures, whereas table 8.2 shows contributions to real gross domestic product.

National Data •

SURVEY OF CURRENT BUSINESS

January 2001

Table 8.6.—Contributions to Percent Change in Real Government
Consumption Expenditures and Gross Investment by Type

Table 8.4.—Contributions to Percent Change in Real Private Fixed
Investment by Type
Seasonally adjusted at annual rates
1998

1999

III

Seasonally adjusted at annual rates

2000

1999

1998 1999

III

Structures
Nonresidential buildings, including
farm
Utilities
Mining exploration, shafts, and
wells
Other structures
Equipment and software
Information processing equipment
and software
Computers and peripheral
equipment1
Software2
Other
Industrial equipment
Transportation equipment
Other
Residential
Structures
Single family
Multifamily
Other structures
Equipment

9.2

8.7

7.8

9.71

7.54

7.12

8.58

1.41
.96
.60

7.2

16.4

11.2

3.1

7.04 15.37 10.83

5.71

-.28 -1.11 -1.09

1.66

3.80

2.47

-.13 -1.64 -1.20
.04 -.04
.11

.53
.11

3.26
.26

.84
-.50

.83
.66

.92
.10

.43
-15

.63
-.12

.57
.41

-.16
0

-.23
.04

.28
.28

.19
-.20

8.31

7.82

8.23

9.67

5.38 11.57

9.97

3.24

5.53

6.21

7.13

6.95

5.26

8.15

7.37

4.68

2.38
2.34
.82
.53
1.33
.92

2.50
2.77
1.68
.86
2.60
-.73

1.35
3.04
.87
1.00
-.78
-.10

2.02
2.38
3.75
1.59
.45
1.38

2.07

2.33 2.68
2.40 1.95
1.49 2.50
.06
.54
1.62 1.57
-.07 -1.00
1.62 1.56

-.74

.18

1.00

3.01 2.28
2.24 2.21
.18
2.12
.78
1.26
.49 -1.94
.85 -.27
.41 -2.61

2.04
1.36
-.02
.70

1.57
.86
.12
.60

1.49
.31
-.08
1.26

-.78
-.77
.06
-.07

.03

.05

.07

.04

.14
.91
.90 2.02
-.08
.25
-.68 -1.35
.04

.09

.40
-.54
-.04
.97

-2.62
-2.20
-.50

.01

.01

1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment.
NOTE—The quantity indexes on which the estimates in this table are based are shown in table 7.6. The estimates in this table differ from those in table 8.2 because this table shows contributions to real private fixed investment, whereas table 8.2 shows contributions to real gross domestic product.

Table 8.5.—Contributions to Percent Change in Real Exports and in Real
Imports of Goods and Services by Type of Product
Percent change at annual rate:
Exports of goods and services

2.3

2.9

5.8

10.2

10.3

6.3

14.3

13.9

Percentage points at annual rates:
Exports of goods l
Foods, feeds, and beverages
Industrial supplies and materials
Capital goods, except automotive ....
Automotive vehicles, engines, and
parts
Consumer goods, except automotive
Other
Exports of services '

1.55

2.78

4.99 10.82

8.84

4.31 13.13 14.47

-.05
-.17
1.32

.13
.12
1.72

1.09
1.48
1.18

1.38
.95
6.98

-.41
2.80
2.95

.29 -.12
.54 1.47
1.04 11.95

1.71
3.03
7.12

-.10
.20
.36

.22
.18
.40

.88
.07
.30

.93
.51
.07

-.04
1.11
2.44

1.03
1.37
.04

-.11
.52
-.58

.28
1.19
1.14

.70

.15

.85

-.64

1.43

1.99

1.21

-.62

11.9

10.7

16.2

16.9

10.7

12.0

18.6

17.0

9.86 10.39 15.66 15.77

9.42

Percent change at annual rate:
Imports of goods and services
Percentage points at annual rates:
Imports of goods 1
Foods, feeds, and beverages
Industrial supplies and materials,
except petroleum and products ....
Petroleum and products
Capital goods, except automotive ....
Automotive vehicles, engines, and
parts
Consumer goods, except automotive
Other
Imports of services !

.28

.34

.62

1.39
.41
3.51

.60
0
3.58

2.48
.91
2.00

.40

9.52 16.85 13.86

.10

-.01

.43

.61

1.49
1.22
6.42

1.48 1.69
-.29 -2.41
5.14 4.13

.64
1.95
3.33

-.23
2.54
7.77

1.42
-.34
6.02

2.60
2.19
1.08

2.22
2.31
1.39

4.02
3.70
1.32

.37 1.57
2.94 2.60
2.60! -.55

.58
5.13
.62

2.03
1.28
2.83

.29

.55

1.13

1.30

1.71

3.19

2.45

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs and alterations of equipment were reclassified from
goods to services.
NOTE.—The quantity indexes on which the estimates in this table are based are shown in table 7.10. The estimates in this table differ from those in table 8.2 because this table shows contributions to real exports and to
real imports, whereas table 8.2 shows contributions to real gross domestic product. Because imports are subtracted
in the calculation of gross domestic product, the contributions of components of real imports have opposite signs
in this table and in table 8.2.




2000
IV

Percent change at annual rate:
11.8

Percentage points at annual rates:
Nonresidential

1999

IV

Percent change at annual rate:
Private fixed investment

D-27

Government consumption
expenditures and gross
investment[

2.1

3.3

0.8

4.8

8.5

-1.1

4.8

-1.4

Percentage points at annual rates:
Federal
National defense
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of general
government employees,
except own-account
investment3
Consumption of general
government fixed capital 4
Other services
Gross investment
Structures
Equipment and software

-.18
-.52
-1.11
.49
.22
-1.82

-.41
-.53
.02
.02
-.57

-.28

-.23

-.02
-.28
.12
-.03
.15

.02
.03
.29 -1.64
.25
.59
-.02 -.03
.27
.62

Nondefense
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of general
government employees,
except own-account
investment3
Consumption of general
government fixed capital 4
Other services
Gross investment
Structures
Equipment and software

.23
-.10
-.09
.08
-.09

.43
.02
.10
.01
-.09

.06
.13
-.28
.33
.07
.25

State and local
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of general
government employees,
except own-account
investment3
Consumption of general
government fixed capital 4 ...
Other services
Gross investment
Structures
Equipment and software

2.31
1.87
.08
.41
1.38

2.35

4.47 -5.27

5.51 -3.24

2.62
2.04
.36
.44
1.24

2.75 -4.86
2.61 -4.65
-.44 0
-.46
.36
3.51 -5.02

3.42 -2.20
3.25 -1.97
-.05 -.09
-.04 -.24
3.34 -1.63

-.21

-.13

.04

.22

.03
1.12
.58
-.04
.61

.05
.05
3.69 -4.94
.15 -.21
-.01 -.13
.16 -.07

.06
3.24
.17
-.06
.23

.06
-1.91
-.23

1.21
-.32
.01
-.08
-.25

-.26
.06
-.03
-.04
.13

1.72
.59
.01
.30
.28

-.41
.29
.02
-.14

2.09 -1.04
1.41 -.88
0
-.05
-.06
.12
1.47 - . 9 6

.04

-.40

-.21

.27

.43

1.11

-.91

.18
-.31
.41
-.03
.43

.19
-.03
1.52
-.24
1.76

.20
.15
-.33
.02
-.35

.20
-.19
1.13
.21
.92

.21
-.23
-.70
-.18
-.52

.20
.15
.68
-.09
.77

.20
-.25
-.16
-.06
-.10

2.46
1.50
.06
.29
1.14

.07
1.39
.06
.29
1.04

2.43
1.75
.05
.32
1.38

4.04
1.72
.08
.34
1.30

4.17
1.60
.06
.29
1.25

1.40
.06
.31
1.04

1.87
1.49
.06
.30
1.13

.43

.67

.77

.52

.55

.32
.29
-1.31
-1.74
.43

-.24

.52
.36
.43
2.31
1.84
.47

.35
.37
.13
.15
2.57 -2.09
2.18 -2.56
.40
.48

-.23

.38
.09
.38
-.07
.44

1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods
transferred to foreign countries by the Federal Government.
3. Compensation of government employees engaged in new own-account investment and related expenditures
for goods and services are classified as investment in structures and in software.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial
measure of the value of the services of general government fixed assets; use of depreciation assumes a zero
net return on these assets.
NOTE.—The quantity indexes on which the estimates in this table are based are shown in table 7.11. The estimates in this table differ from those in table 8.2 because this table shows contributions to real government consumption expenditures and gross investment, whereas table 8.2 shows contributions to real gross domestic product.

D-28

• National Data

January 2001

SURVEY OF CURRENT BUSINESS
Table 8.7.—Selected Per Capita Product and Income Series in Current and Chained Dollars
[Dollars]
Seasonally adjusted at annual rates
1998

1999

Current dollars:
Gross domestic product
Gross national product
Personal income
Disposable personal income
Personal consumption expenditures
Durable goods
Nondurable goods
Services

32,489
32,476
27,317
23,359
21,625
2,565
6,311
12,749

34,063
34,023
28,534
24,314
22,962
2,789
6,760
13,414

33,716
33,680
28,353
24,196
22,791
2,774
6,696
13,321

34,176
34,127
28,643
24,384
23,123
2,807
6,805
13,511

34,892
34,843
29,098
24,728
23,528
2,875
6,972
13,681

35,528
35,500
29,529
25,014
24,122
3,010
7,154
13,958

36,158
36,128
29,965
25,322
24,381
2,961
7,262
14,158

36,410
36,377
30,279
25,535
24,701
2,991
7,367
14,342

Chained (1996) dollars:
Gross domestic product
Gross national product
Disposable personal income
Personal consumption expenditures
Durable goods
Nondurable goods
Services

31,474
31,472
22,672
20,989
2,688
6,227
12,084

32,512
32,485
23,191
21,901
2,996
6,518
12,421

32,218
32,194
23,133
21,789
2,973
6,474
12,374

32,584
32,546
23,203
22,003
3,023
6,535
12,480

33,156
33,123
23,404
22,268
3,109
6,636
12,567

33,485
33,470
23,472
22,635
3,272
6,720
12,703

33,880
33,861
23,639
22,761
3,224
6,766
12,822

33,980
33,956
23,732
22,956
3,275
6,828
12,908

Population (mid-period, thousands)

2000

1999

270,560 272,996 272,619 273,315 273,980 274,508 275,059 275,735

Table 8.8B.-Motor Vehicle Output

Table 8.9B.-Real Motor Vehicle Output

[Billions of dollars]

[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates

1998 1999

Motor vehicle output
Auto output
Truck output1
Final sales of domestic product
Personal consumption expenditures
New motor vehicles
Autos
Light trucks
Net purchases of used autos
Private fixed investment
New motor vehicles
Autos
Trucks
Light trucks
Other
Net purchases of used autos
Gross government investment
Autos
New trucks
Net exports
Exports
Autos
Trucks
Imports
Autos
Trucks
Change in private inventories
Autos

New
Domestic
Foreign
Used
New trucks
Domestic
Foreign
Addenda:
Final sales of motor vehicles to
domestic purchasers
Private fixed investment in new autos
and new light trucks
Domestic output of new autos2
Sales of imported new autos3

314.9
127.3
187.5
314.3
229.4
174.1
87.8
86.4
55.3
140.2
175.2
75.6
99.6
66.9
32.7
-35.0
12.4
3.8
8.6
-67.7
26.7
16.2
10.5
94.3
79.4
15.0
.5
3.0
2.3
1.3
1.0
.7
-2.5
-2.3
-.1

346.6
126.1
220.5
336.3
254.2
195.4
97.3
98.1
58.7
159.9
195.5
79.7
115.8
76.7
39.0
-35.6
13.0
3.9
9.0
-90.8
26.0
16.5
9.5
116.7
96.3
20.4
10.3
1.8
1.6
.3
1.3
8.5
8.1
.5

338.6
124.1
214.5
338.2
256.3
195.9
98.0
97.9
60.3
157.8
193.4
81.1
112.3
73.9
38.4
-35.6
11.2
3.5
7.7
-87.1
26.3
17.0
9.3
113.3
92.8
20.5
-7.4
-5.1
-5.7
.5
-2.3
7.8
8.2
-.4

III

IV

352.6
125.4
227.2
340.3
256.4
196.2
96.7
99.5
60.2
166.3
204.0
82.6
121.4
81.7
39.7
-37.6
13.5
4.3
9.2
-96.0
25.6
15.8
9.8
121.6
100.9
20.7
12.3
4.3
3.0
2.4
.7
1.3
8.0
8.9

357.8
128.8
229.1
342.0
260.7
201.8
101.8
100.0
58.9
161.9
197.5
78.4
119.1
78.7
40.5
-35.7
14.9
4.4
10.5
-95.5
26.6
16.7
9.9
122.1
101.0
21.2
15.9
5.2
4.1
1.5
2.6
1.1
10.7
8.6
2.1

355.9
127.2
228.7
358.1
276.2
216.9
107.0
109.8
59.3
166.7
204.1
81.5
122.5
83.7
38.8
-37.4
13.5
3.4
10.1
-98.3
27.3
17.0
10.3
125.6
104.0
21.6
-2.1
.3
-1.5
-3.4
1.9
1.8
-2.4
-2.3
-.2

1998 1999

355.5 339.6
120.6 117.4
234.9 222.2
339.2 332.4
265.2 269.8
206.5 209.1
103.9 100.0
102.5 109.1
58.7
60.7
159.4 155.5
194.2 190.7
75.2
74.5
119.0 116.3
81.7
83.2
37.3
33.1
-34.9 -35.2
12.7
13.1
3.8
5.0
8.9
8.1
-98.1 -106.0
27.8
26.7
17.3
16.5
10.1
10.5
125.8 132.7
106.5 113.4
19.3
19.3
7.2
16.3
9.3
3.0
9.4
2.2
3.4
8.2
-1.2
1.2
.8
-.1
-2.1
13.3
-.7
11.6
1.7
-1.5

382.0 427.0 425.3 436.3 437.5 456.4 437.3

438.4

142.5 156.4 155.0 164.3 157.0 165.3 156.9
114.0 116.8 114.3 119.7 117.1 121.3 118.3
67.8 78.7 78.5 79.5 83.1 82.7 82.3

157.6
118.8
81.5

1. Except for exports and imports, consists of new trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of personal consumption expenditures, private fixed investment, and gross government investment.




Seasonally adjusted at annual rates

2000

1999

Motor vehicle output
Auto output
Truck output1
Final sales of domestic product
Personal consumption expenditures
New motor vehicles
Autos
Light trucks
Net purchases of used autos
Private fixed investment
New motor vehicles
Autos
Trucks
Light trucks
Other
Net purchases of used autos
Gross government investment
Autos
New trucks
Net exports
Exports
Autos
Trucks
Imports
Autos
Trucks
Change in private inventories
Autos
New
Domestic
Foreign
Used
New trucks
Domestic
Foreign
Residual
Addenda:
Final sales of motor vehicles to
domestic purchasers
Private fixed investment in new autos
and new light trucks
Domestic output of new autos2
Sales of imported new autos3

317.9
129.4
188.4
317.5
231.7
173.9
88.4
85.5
57.7
140.4
177.5
76.1
101.5
69.1
32.4
-37.1
12.4
3.7
8.8
-66.9
26.1
16.0
10.1
93.0
78.3
14.7
.6
3.1
2.3
1.4
.9
.8
-2.2
-2.0
-.1

348.2
129.1
218.7
338.6
255.9
195.4
98.8
96.5
60.3
159.0
196.8
80.9
116.0
78.0
37.9
-37.5
12.8
3.8
9.0
-88.6
25.1
16.1
9.0
113.7
94.0
19.7
9.4
1.4
1.2
0
1.2
.2
7.3
6.9
.5
.3

1999

341.6
129.0
212.4
340.7
259.1
196.1
99.6
96.4
62.9
155.8
194.3
82.4
112.0
74.7
37.2
-38.2
11.1
3.4
7.7
-84.9
25.5
16.7
8.8
110.4
90.5
19.9

1.1
-6.9
-4.4
-4.9
.4
-2.5
6.8
7.1
-.4
.7

352.0
126.1
225.3
342.6
257.4
196.3
98.3
97.9
60.9
166.0
205.5
84.0
121.6
83.2
38.4
-39.2
13.4
4.1
9.3
-93.6
24.8
15.6
9.3
118.4
98.4
20.0
9.1
1.8
.4
-.3
.7
1.3
6.8
7.5

2000

359.0
131.2
227.4
344.1
260.9
201.6
103.4
98.1
59.1
162.4
199.4
79.7
119.8
80.3
39.4
-36.7
14.7
4.1
10.6
-93.4
25.5
16.3
9.3
118.9
98.5
20.4
14.4
4.7
3.6
.9
2.6
1.1
9.1
7.2
2.0
.5

359.3
131.0
227.8
361.7
278.3
217.6
109.0
108.4
60.5
166.8
206.2
83.1
123.2
85.5
37.7
-39.1
13.4
3.3
10.1
-96.2
26.0
16.4
9.6
122.2
101.5
20.7
-2.0
.4
-1.5
-3.3
1.8
1.9
-2.1
-2.0
-.2
-1.2

355.2 339.1
122.0 118.6
232.5 219.9
340.0 332.7
265.3 270.0
206.0 209.1
105.3 101.3
100.6 107.6
60.7
59.0
158.8 154.4
195.2 191.1
75.4
76.2
119.1 115.7
82.9
83.8
36.2
32.0
-36.1 -36.3
12.5
12.9
4.7
3.6
8.1
8.9
-95.9 -103.7
26.4
25.3
16.7
15.9
9.7
9.4
122.3 129.0
103.9 110.7
18.5
18.4
6.4
14.7
8.9
2.3
1.5
8.9
2.7
7.8
-1.2
1.1
-.1
.8
11.2
-1.8
9.7
-.5
-1.3
1.6
-1.4
1.0

384.5 427.7 425.9 436.8 438.0 458.5 436.6

437.3

145.1 158.8 157.0 167.0 159.8 168.4 158.9
114.4 117.5 116.2 118.9 117.7 122.6 118.4
68.3 79.9 79.7 80.8 84.5 84.3 83.4

159.1
119.0
82.6

1. Except for exports and imports, consists of new trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of personal consumption expenditures, private fixed investment, and gross government investment.
NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines, excluding the
lines in the addenda.
Chain-type quantity indexes for the series in this table are shown in table 7.18B.

D-29

National Data

SURVEY OF CURRENT BUSINESS

January 2001

B. Other NIPA and NIPA-Related Tables
Monthly Estimates
Tables B.I and B.2 include the most recent estimates of personal income and its components; these estimates were
released on December 22, 2000 and include "preliminary" estimates for November 2000 and "revised" estimates
for July-October 2000.
Table B.1.—Personal Income
[Billions of dollars; monthly estimates seasonally adjusted at annual rates]
2000

1999
1999

1998

June

July

Aug.'

Sept'

Oct.''

Nov."

7,391.0

7,789.6

7,945.7

7,977.0

7,994.3

8,056.4

8,099.6

8,161.6

8,209.3

8,237.6

8,279.5

8,300.0

8,326.5

8,420.6

8,410.3

8,440.3

4,190.7
3,498.0
1,038.6
756.6
949.1
1,510.3
692.7

4,470.0
3,745.6
1,089.2
782.4
1,020.3
1,636.0
724.4

4,559.6
3,827.4
1,110.7
797.5
1,041.7
1,675.0
732.2

4,572.6
3,838.2
1,109.6
793.4
1,046.5
1,682.1
734.4

4,602.7
3,865.9
1,113.2
794.3
1,060.1
1,692.6
736.9

4,637.4
3,890.6
1,125.9
800.7
1,065.9
1,698.8
746.9

4,657.8
3,908.5
1,128.8
802.9
1,070.7
1,708.9
749.2

4,685.9
3,932.3
1,138.0
804.8
1,076.2
1,718.0
753.6

4,726.9
3,969.9
1,148.3
813.2
1,091.5
1,730.2
757.0

4,730.0
3,966.6
1,142.2
809.4
1,090.2
1,734.2
763.4

4,763.5
4,003.4
1,150.7
816.7
1,105.5
1,747.2
760.1

4,789.1
4,025.3
1,162.2
824.0
1,112.1
1,751.0
763.8

4,797.8
4,032.5
1,158.8
819.7
1,113.2
1,760.5
765.3

4,827.8
4,060.8
1,163.2
820.3
1,129.0
1,768.6
767.0

4,861.5
4,092.9
1,173.3
827.5
1,138.9
1,780.7
768.6

4,878.4
4,109.9
1,179.7
830.9
1,145.8
1,784.4
768.4

Other labor income

485.5

501.0

505.8

507.4

509.0

511.8

514.1

516.2

518.4

520.5

522.5

525.1

527.6

530.0

532.1

534.0

Proprietors' income with IVA and CCAdj
Farm
Nonfarm

620.7
25.4
595.2

663.5
25.3
638.2

688.9
39.7
649.2

698.8
39.6
659.1

681.2
15.8
665.5

685.1
17.3
667.9

690.0
18.4
671.7

706.6
21.7
684.9

707.0
23.1
683.9

704,7
17.5
687.1

716.9
23.7
693.2

706.0
17.5
688.5

712.3
14.7
697.7

756.0
62.9
693.1

713.8
16.7
697.0

714.7
16.0
698.7

Wage and salary disbursements
Private industries
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government ...

Oct.

Nov.

Dec.

Feb.

Jan.

Apr.

Mar.

May

Rental income of persons with CCAdj

135.4

143.4

146.5

148.0

144.1

144.4

145.3

147.0

144.3

140.0

138.1

136.0

134.5

144.0

135.1

135.7

Personal dividend income

351.1

370.3

378.0

380.2

382.4

384.7

387.0

388.9

390.6

392.4

394.8

397.2

399.6

402.2

404.7

407.1

Personal interest income

940.8

963.7

984.4

989.5

993.1

1,002.1

1,011.4

1,021.2

1,026.1

1,030.9

1,036.8

1,040.0

1,042.4

1,046.1

1,049.7

1,053.5

Transfer payments to persons
Old-age, survivors, disability and health insurance benefits
Government unemployment insurance benefits
Other

983.0
578.0
19.5
385.4

1,016.2
588.0
20.3
407.9

1,027.0
593.1
20.5
413.4

1,026.0
591.3
20.3
414.4

1,029.2
593.9
19.6
415.7

1,042.5
605.0
20.2
417.3

1,047.3
607.7
20.5
419.1

1,050.9
611.1
19.7
420.1

1,053.8
613.4
19.4
420.9

1,077.3
634.4
19.3
423.5

1,067.3
625.0
19.4
422.9

1,068.7
623.5
19.8
425.4

1,074.9
627.2
20.0
427.8

1,079.1
630.9
20.1
428.1

1,080.5
629.0
20.0
431.5

1,084.9
633.4
20.0
431.5

Less: Personal contributions for social insurance

316.2

338.5

344.6

345.5

347.5

351.8

353.2

355.2

357.9

358.2

360.4

362.1

362.6

364.6

366.9

368.0

IVA Inventory valuation adjustment.
Source: U.S. Department of Commerce, Bureau of Economic Analysis.

p Preliminary.
r
Revised.
CCAdj Capital consumption adjustment.

Table B.2.—The Disposition of Personal Income
[Monthly estimates seasonally adjusted at annual rates]
2000
Oct.

Nov.

Dec.

Jan.

Feb.

7,945.7
1,185.6
6,760.0
6,625.5
6,399.3
778.2
1,891.1
3,730.0
198.6
27.6
134.5

7,977.0

7,994.3

8,056.4

8,161.6

8,209.3

1,195.4

1,210.9

1,225.7

1,241.1

1,251.2

1,269.6

6,781.6

6,783.4

6,830.6

6,858.5

6,910.4

6,939.7

Apr.

June

July"

Aug.'

Sepf

Oct.

Nov./7

8,237.6

8,279.5

8,300.0

8,326.5

8,420.6

8,410.3

8,440.3

1,274.1

1,287.9

1,293.6

1,308.7

1,322.0

1,335.1

1,344.5

6,963.5

6,991.5

7,006.4

7,017.8

7,098.6

7,075.2

7,095.8

May

Billions of dollars, unless otherwise indicated
Personal income

7,391.0

7,789.6

Less: Personal tax and nontax payments ....

1,070.9

1,152.0

Equals: Disposable personal income

6,320.0

6,637.7

Less: Personal outlays

6,054.7

6,490.1

5,850.9
693.9
1,707.6
3,449.3

6,268.7
761.3
1,845.5
3,661.9

179.8
24.0

194.8
26.6

Personal consumption expenditures ..
Durable goods
Nondurable goods
Services
Interest paid by persons
Personal transfer payments to the rest of the world (net)
Equals: Personal saving
Addenda:
Disposable personal income:
Billions of chained (1996) dollars1
Per capita:
Current dollars
Chained (1996) dollars
Population (thousands)
Personal consumption expenditures:
Billions of chained (1996) dollars
Durable goods
Nondurable goods
Services
Implicit price deflator, 1996=100
Personal saving as percentage of disposable personal income2

6,735.7

6,791.7

6,906.2

6,920.2

6,972.9

7,017.3

7,045.5

7,101.3

7,127.3

7,152.0

6,433.2
786.9
1,899.3
3,747.0

6,506.3
797.6
1,940.2
3,768.4

6,558.9
820.2
1,937.1
3,801.6

6,635.0
834.2
1,965.4
3,835.4

6,671.3
824.3

6,683.7
819.2
1,989.2
3,875.3

6,702.1
812.2
1,994.6
3,895.3

6,733.1
811.5
2,009.1
3,912.5

6,775.2
817.3
2,023.9
3,934.0

6,856.2
835.8
2,044.8
3,975.6

2,052.3
4,002.2

6,904.5
815.9
2,053.0
4,035.6

200.2
27.6

201.8
27.6

204.3
28.5

205.2
28.5

206.4
28.5

208.1
28.3

209.5
28.3

211.4
28.3

212.7
29.5

6,801.2
821.1
2,025.7
3,954.3
214.8
29.5

215.6
29.5

217.4
29.5

218.1
29.5

23.6

18.7

-10.9

-27.7

-2.7

-52.1

-56.2

6,513.2

6,531.9

6,585.9

6,553.6

47.7

-10.3

6,134.1

6,331.0

6,403.8

6,420.7

6,412.0

6,438.7

23,359
22,672
270,560

24,314
23,191
272,996

24,691
23,390
273,782

24,752
23,435
273,984

24,741
23,387
274,174

24,898 24,985 25,159 25,248 25,317 25,399 25,432 25,451 25,722 25,617
23,469 23,442 23,504 23,587 23,658 23,670 23,642 23,689 23,864 23,729
274,347 274,503 274,674 274,859 275,054 275,264 275,496 275,738 275,970 276,191

25,673
23,732

5,678.7
727.3
1,684.8
103.03

5,978.8
817.8
1,779.4
3,390.8
104.85

6,062.1
840.0
1,801.6
3,431.2
105.56

850.6
1,810.9
3,441.2
105.62

6,150.0
864.8
1,841.7
3,456.8
105.79

4.2

2.2

2.0

1.8

6,182.6
890.4
1,836.6
3,471.7
106.09
0.6

0.7

6,434.9

6,455.9

6,483.2

6,507.4

6,225.2
907.3
1,847.6
3,488.3
106.58

6,232.5
896.9
1,850.1
3,501.5
107.04

6,244.0
891.5
1,853.6
3,513.9
107.04

6,263.1
883.0
1,863.8
3,529.6
107.01

6,274.8
885.5
1,866.0
3,536.7
107.30

6,298.3
892.8
1,877.0
3,542.7
107.58

6,330.3
900.2
1,885.4
3,559.4
107.45

6,360.9
916.5
1,885.4
3,575.8
107.80

6,373.2
906.6
1,893.7
3,587.6
107.97

6,382.4
894.7
1,892.0
3,607.8
108.19

-0.1

0.1

0.3

0.3

0.3

-0.2

-0.4

0.0

-0.7

-0.8

Percent change from preceding period, monthly changes at monthly rates

5.4

1.3

0.4

0.2

0.8

0.5

0.8

0.6

0.3

0.5

0.2

0.3

1.1

-0.1

0.4

Disposable personal income:
Current dollars
Chained (1996) dollars

5.0
3.2

1.4
1.2

0.3
0.3

0.0
-0.1

0.7
0.4

0.4
-0.1

0.8
0.3

0.4
0.4

0.3
0.4

0.4
0.1

0.2
0.0

0.2
0.3

1.2
0.8

-0.3
-0.5

0.3
0.1

Personal consumption expenditures:
Current dollars
Chained (1996) dollars

7.1
5.3

0.6
0.5

0.5
0.5

1.1
1.0

0.8
0.5

1.2
0.7

0.5
0.1

0.2
0.2

0.3
0.3

0.5
0.2

0.6
0.4

0.4
0.5

0.8
0.5

0.4
0.2

0.3
0.1

Personal income, current dollars

p

Preliminary.
' Revised.
1. Disposable personal income in chained (1996) dollars equals the current-dollar figure divided by the implicit
price deflator for personal consumption expenditures.




2. Monthly estimates equal personal saving for the month as a percentage of disposable personal income for
that month.
Source: U.S. Department of Commerce, Bureau of Economic Analysis,

D-30

m National Data

January 2001

SURVEY OF CURRENT BUSINESS

Annual Estimates
Except as noted for table B.3 below, these tables are derived from the NIPA tables that were published in the August
2000 SURVEY OF CURRENT BUSINESS; they are consistent with the most recent comprehensive and annual revisions.

Table B.3.—Gross Domestic Product by Industry, Current-Dollar and Real Estimates for 1997-99
Billions of dollars
1997
Gross domestic product
Private industries

1998 1999

Billions of chained
(1996) dollars
1997

8,318.4 8,790.2 9,299.2 8,159.5 8,515.7 8,875.8
7,253.6 7,684.4 8,140.8 7,151.2 7,499.9 7,860.7
130.0
88.3
41.7

127.2
80.8
46.5

125.4
74.2
51.2

143.7
103.6
40.3

144.0
100.2
43.2

150.9
106.3
44.4

Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels

118.9
5.6
10.6
91.9
10.8

105.6
5.1
11.3
77.4
11.8

111.8
5.5
11.3
82.8
12.3

117.0
6.3
11.2
89.1
10.4

126.2
7.3
12.5
94.9
11.5

121.9
8.6
13.1
89.1
11.4

Construction

338.2

378.1

416.4

324.6

345.8

361.1

Manufacturing
1,379.6 1,436.0 1,500.8 1,387.2 1,446.4 1,529.4
Durable goods
791.2 833.4 877.8 813.0 892.4 970.5
41.2
41.4
39.5
39.5
40.8
Lumber and wood products
44.1
22.7
24.1
22.1
22.7
23.6
Furniture and fixtures
25.9
37.2
38.2
36.6
35.9
36.9
Stone, clay, and glass products
41.0
52.6
54.1
52.7
54.7
60.7
54.9
Primary metal industries
97.6 102.2 105.5
96.2
96.7
95.9
Fabricated metal products
143.2 150.8 158.2 158.4 187.0 216.6
Industrial machinery and equipment
165.9 172.8 186.6 182.2 225.1 276.8
Electronic and other electric equipment ...
96.5 107.2 114.5
97.1 107.0 110.4
Motor vehicles and equipment
55.5
59.2
54.8
57.5
56.3
59.6
Other transportation equipment
53.6
57.7
49.8
49.2
48.8
60.0
Instruments and related products
25.2
25.7
24.8
24.6
26.0
27.6
Miscellaneous manufacturing industries ...
588.4 602.6 623.1 574.7 557.9 566.9
Nondurable goods
123.1 124.8 131.4 118.1 115.0 117.1
Food and kindred products
15.4
16.8
13.9
11.5
7.0
19.9
Tobacco products
25.7
25.4
25.0
23.6
22.9
25.3
Textile mill products
26.5
25.8
26.5
25.0
23.6
25.5
Apparel and other textile products
53.8
55.1
58.3
55.3
56.0
57.0
Paper and allied products
91.1
94.0
86.4
84.0
84.3
99.0
Printing and publishing
164.8 168.4 176.3 164.2 159.8 168.6
Chemicals and allied products
31.4
32.9
25.6
26.6
34.9
28.6
Petroleum and coal products
Rubber and miscellaneous plastics
54.4
53.2
52.1
55.1
55.8
53.8
products
4.0
4.2
4.2
4.2
4.0
4.3
Leather and leather products
688.4
261.8
23.0
14.9
99.4
13.1
78.6
5.8

728.0
287.8
25.4
16.2
109.3
14.1
88.2
6.1

779.6
303.4
23.4
17.1
116.6
14.4
95.0
6.6

668.7
248.9
22.8
14.7
90.5
13.2
75.2
6.2

686.4
257.1
23.9
15.6
90.7
13.5
79.0
6.5

752.3
272.4
22.8
17.2
95.7
12.5
87.5
7.2

1. The current-dollar statistical discrepancy equals gross domestic product (GDP) measured as the sum of expenditures less gross domestic income—that is, GDP measured as the costs incurred and profits earned in domestic production. The chained (1996) dollar statistical discrepancy equals the current-dollar statistical discrepancy deflated by the implicit price deflator for gross domestic business product.
2. Equals GDP in chained (1996) dollars less the statistical discrepancy and the sum of GDP by industry of




1997

1998 1999

27.1
220.8
166.7
54.1
205.9

28.5
234.1
173.9
60.2
206.0

30.2
260.2
195.1
65.1
216.0

Wholesale trade

566.8

610.9

Retail trade

740.5

796.8

1998 1999

Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing ....

Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit ....
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas

Billions of dollars

Transportation services
Communications
Telephone and telegraph
Radio and television
Electric, gas, and sanitary services

Billions of chained
(1996) dollars
1997

1998 1999

26.4
217.7
167.9
49.9
202.0

28.2
232.0
180.9
51.4
197.4

30.1
264.6
215.1
51.9
216.3

643.3

584.1

665.3

709.3

856.4

745.3

805.5

847.3

Finance, insurance, and real estate
Depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Nonfarm housing services
Other real estate
Holding and other investment offices

1,569.9 1,689.5 1,792.1 1,520.8 1,605.9 1,692.1
273.9 292.7 305.3 246.1 249.5 255.0
48.4
53.1
49.9
53.6
45.3
52.5
120.8 135.3 152.1 128.4 153.7 207.8
146.1 154.4 165.0 135.5 139.9 142.6
52.6
48.5
48.9
51.3
56.9
50.5
920.1 969.2 1,034.0 903.7 933.5 973.5
679.1 714.6 756.8 661.1 674.2 694.6
241.0 254.6 277.2 243.0 260.1 280.7
36.8
25.1
5.8
7.7
33.5
21.5

Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services
Social services
Membership organizations
Other services
Private households

1,691.5 1,837.1 1,986.9 1,632.2 1,704.4 1,772.6
64.7
70.5
76.0
83.5
65.5
67.3
49.2
51.0
55.4
58.2
52.2
53.1
395.5 447.1 510.8 384.1 417.4 463.5
69.8
72.8
80.9
86.8
74.8
78.3
21.1
22.3
24.5
25.8
21.6
20.5
25.8
26.3
28.8
29.8
27.8
27.2
62.9
64.9
72.2
78.7
67.4
70.7
472.2 492.6 514.2 459.5 462.0 463.5
109.0 116.4 125.1 104.3 107.0 111.9
66.7
61.2
61.2
71.1
58.7
61.2
57.1
52.0
52.6
61.3
50.5
53.0
54.0
49.0
51.6
57.4
49.0
50.8
229.7 251.5 272.8 221.2 233.9 241.9
14.0
13.3
12.0
11.5
11.7
10.6

Statistical discrepancy1
Government

29.7

-24.8

-71.9

29.2

-24.1

-69.0

1,064.8 1,105.8 1,158.4 1,035.5 1,049.8 1,070.4

Federal
General government
Government enterprises .

354.7
295.4
59.2

360.7
298.6
62.1

375.4
309.5
65.9

347.2
287.9
59.4

348.4
286.4
62.2

352.6
286.5
66.4

State and local
General government
Government enterprises .

710.1
649.2
60.9

745.2
680.7
64.4

783.0
715.5
67.5

688.3
629.3
58.9

701.3
642.2
59.1

717.7
655.4
62.2

-33.3

-51.1 -116.8

Not allocated by industry2 ..

the detailed industries. The value of not allocated by industry reflects the nonadditivity of chained-dollar estimates
and the differences in source data used to estimate real GDP by industry and the expenditures measure of real
GDP.
NOTE.-Estimates are based on the 1987 Standard Industrial Classification. The table is derived from tables 1
and 6 in "Gross Domestic Product by Industry for 1997-99" in the December 2000 SURVEY.

January 2001

D-31

National Data

SURVEY OF CURRENT BUSINESS
Table B.4.—Personal Consumption Expenditures by Type of Expenditure

Personal consumption expenditures

1998

1997

1998

862.0
486.5
316.6
8.5
.5
49.8
710.9

900.2
504.2
332.2
8.9
.5
54.4

58.1
43.2

63.1
44.8

Clothing, accessories, and jewelry
Shoes (n.d.)
Clothing and accessories except shoes2
Women's and children's (n.d.)
Men's and boys' (n.d.)
Standard clothing issued to military personnel (n.d)
Cleaning, storage, and repair of clothing and shoes (s
Jewelry and watches (d.)
Other Ms.)

348.0
40.1
231.3
148.0
83.3
.3
13.2
41.2
22.0

368.3
41.7
244.4
156.2
88.2
.3
13.5
44.2
24.2

76.1
50.6
25.5

80.5
53.4
27.1

842.1
477.6
308.0
8.3
.5
47.6

858.8
488.6
315.3
8.5
.5
46.2

887.8
506.9
329.9
8.5
.5
43.4
737.3

57.2
41.8

61.8
42.1

66.4
42.2

397.2
43.3
263.4
168.7
94.7
.3
14.2
48.8
27.3

348.8
40.1
231.2
148.4
82.8
.3
12.8
42.9
21.4

376.3

411.5

88.5
.3
13.0
47.8
23.4

95.7
.3
13.5
54.0
25.8

57.5
28.5

75.2
50.5
24.7

78.2
52.5
25.7

81.9
55.7
26.2

182.9
5.9
32.2

183.7
5.7
33.4

641.1
56.6
32.8
28.9
57.0
36.8

963.8
531.8
356.3
9.1
.5
66.0
782.3

Housing
Owner-occupied nonfarm dwellings—space rent4 (s.)
Tenant-occupied nonfarm dwellings—rent5 (s.)
Rental value of farm dwellings (s.)
Other6 (s.)

810.5
585.5
186.1
6.4
32.5

6.7
35.0

7.0
37.5

787.2
569.0
181.0
6.0
31.1

Household operation
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances7 (d.)
China, glassware, tableware and utensils (d.)
Other durable house furnishings8 (d.)
Semidurable house furnishings9 (n.d.)
Cleaning and polishing preparations, and miscellaneou
household supplies and paper products (n.d)
Stationery and writing supplies (n.d.)
Household utilities
Electricity (s.)
Gas(s.)
Water and other sanitary services (s.)
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other 10 (s.)

617.8
53.8
30.8
27.2
53.5
33.1

643.8
56.4
32.2
29.2
57.4
35.2

682.5
60.3
34.5
31.8
62.8
38.3

611.6
53.8
30.9
27.3
53.3
33.8

57.1
23.1
189.8
96.2
32.7
46.5
14.4
121.7
17.4
45.7

50.9
19.2
184.1
93.5
34.1
41.6
15.0
104.7
13.5
40.1

52.1
19.9
186.1
99.6
30.8
42.1
14.0
114.4
15.1
41.5

Medical care
Drug preparations and sundries11 (n.d.)
Ophthalmic products and orthopedic appliances (d.) ..
Physicians (s.)
Dentists (s.)
Other professional services12 (s.)
Hospitals and nursing homes"
Hospitals
Nonprofit (s.)
Proprietary (s.)
Government (s.)
Nursing homes (s.)
Health insurance
Medical care and hospitalization14 (s.)
Income loss 15 (s.)
Workers' compensation16 (s.)

984.4 1,040.9 1,102.6
121.8
110.6
136.8
20.6
19.1
22.1
221.2
208.8
232.3
55.0
51.9
57.8
132.3
125.9
137.2
428.7
408.9
451.8
355.1
339.6
375.0
233.1
221.7
245.5
42.6
41.5
46.0
79.3
76.3
83.5
73.6
69.3
76.8
61.3
59.3
64.6
51.7
48.5
55.2
1.4
1.2
1.5
8.3
9.6
7.8

963.2
109.0
18.9
206.0
49.6
121.1
401.1
334.2
217.3
41.2
75.7
66.8
57.8
46.7
.9
10.2

997.0 1,030.0
127.2
117.4
21.2
19.9
219.5
213.7
50.6
50.5
126.8
124.3
422.3
410.4
353.4
342.0
228.2
222.0
44.5
41.9
80.8
78.1
68.9
68.3
62.7
61.0
50.2
48.2

Personal business

489.0

586.2

462.1

51.4
20.0
188.1
93.8
36.6
42.6
15.1
105.0
13.9
41.2

53.5
21.4
185.8
96.1
32.4
44.5
12.8
113.0
16.0
43.6

533.7

36.0
32.2
63.1
40.5
54.6
21.7
189.4
100.3
30.9
43.0
15.5
126.3
16.0
42.0

1. Consists of purchases (including tips) of meals and beverages from retail, service, and amusement establishments, hotels, dining and buffet cars, schools, school fraternities, institutions, clubs, and industrial lunchrooms. Includes meals and beverages consumed both on- and off-premise.
2. Includes luggage.
3. Consists of watch, clock, and jewelry repairs, costume and dress suit rental, and miscellaneous personal services.
4. Consists of rent for space and for heating and plumbing facilities, water heaters, lighting fixtures, kitchen cabinets, linoleum, storm windows and doors, window screens, and screen doors, but excludes rent for appliances and
furniture and purchases of fuel and electricity.
5. Consists of space rent (see footnote 4) and rent for appliances, furnishings, and furniture.
6. Consists of transient hotels, motels, clubs, schools, and other group housing.
7. Consists of refrigerators and freezers, cooking ranges, dishwashers, laundry equipment, stoves, room air conditioners, sewing machines, vacuum cleaners, and other appliances.
8. 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.
9. Consists largely of textile house furnishings, including piece goods allocated to house furnishing use. Also
includes lamp shades, brooms, and brushes.
10. Consists of maintenance services for appliances and house furnishings, moving and warehouse expenses,
postage and express charges, premiums for fire and theft insurance on personal property less benefits and dividends, and miscellaneous household operation services.
11. Excludes drug preparations and related products dispensed by physicians, hospitals, and other medical services.
12. Consists of osteopathic physicians, chiropractors, private duty nurses, chiropodists, podiatrists, and others providing health and allied services, not elsewhere classified.
13. Consists of (1) current expenditures (including consumption of fixed capital) of nonprofit hospitals and nursing
homes, and (2) payments by patients to proprietary and government hospitals and nursing homes.
14. Consists of (1) premiums, less benefits and dividends, for health, hospitalization, and accidental death and
dismemberment insurance provided by commercial insurance carriers, and (2) administrative expenses (including consumption of fixed capital) of nonprofit and self-insured health plans.
15. Consists of premiums, less benefits and dividends, for income loss insurance.
16. Consists of premiums, less benefits and dividends, for privately administered workers' compensation.
17. Consists of (1) operating expenses of commercial life insurance carriers, (2) administrative expenses of private
noninsured pension plans and publicly administered government employee retirement plans, and (3) premiums, less
benefits and dividends, of fraternal benefit societies. For commercial life insurance carriers, excludes expenses for
accident and health insurance and includes profits of stock companies and services furnished without payment by
banks, credit agencies, and investment companies. For pension and retirement plans, excludes services furnished
without payment by banks, credit agencies, and investment companies.
18. Consists of current expenditures (including consumption of fixed capital) of trade unions and professional associations, employment agency fees, money order fees, spending for classified advertisements, tax return preparation




1997

1999

5,529.3 5,850.9 6,268.7 5,423.9 5,678.7 5,978.8

Food and tobacco
Food purchased for off-premise consumption (n.d.)
Purchased meals and beveragesl (n.d.)
Food furnished to employees (including military) (n.d.)
Food produced and consumed on farms (n.d.)
Tobacco products (n.d.)
Addenda: Food excluding alcoholic beverages (n.d.) ..
Alcoholic beverages purchased for offpremise consumption (n.d.)
Other alcoholic beverages (n.d.)

Personal care
Toilet articles and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.)

1999

Billions of chained
(1996) dollars

Billions of dollars

Billions of chained
(1996) dollars

iillions of dollars
1997

Brokerage charges and investment counseling (s.)
Bank service charges, trust services, and safe deposit
box rental (s.)
Services furnished without payment by financial
intermediaries except life insurance carriers (s.)
Expense of handling life insurance and pension plans17
(s.)
Legal services (s.)
Funeral and burial expenses (s.)
Other18 (s.)
Transportation
User-operated transportation
New autos (d.)
Net purchases of used autos (d.)
Other motor vehicles (d.)
Tires, tubes, accessories, and other parts (d.)
Repair, greasing, washing, parking, storage, rental, and
leasing (s.)
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and road tolls (s.)
Insurance19 (s.)
Purchased local transportation
Mass transit systems (s.)
Taxicab(s.)
Purchased intercity transportation
Railway (s.)
Bus(s.)

Airline (s.)

Other20 (s.)

1998

1999
70.6

1997

1998

1999

50.5

63.5

45.6

243.8

188.4

195.8

209.5

62.3
16.2
31.9

52.8
14.4
25.7

82.9
53.9
14.9
27.2

83.7
54.7
14.4

648.6
599.4
87.8
55.3
104.0
41.7

705.5
654.6
97.3
58.7
119.9
44.8

619.3
573.5
82.4
54.4

146.3
128.1
4.0
36.3
11.6
7.8
3.7
36.2
.7
1.8
29.0
4.7

153.1
115.2
4.2
38.0
12.1
8.0
4.1
37.2
.7
2.1
29.5
4.9

162.1
128.3

456.6
26.3
29.1
53.2
42.8

204.2

222.6

55.0
15.2
26.6

92.2
58.7
16.3
29.1

626.7
578.9
82.5
53.1

656.0
608.5
88.4
57.7
103.2
42.3

649.1
98.8
60.3
117.9
45.7

12.3
8.2
4.0
38.7
.7
2.2
30.7
5.1

3.9
32.5
11.3
7.7
3.6
34.5
.7
1.8
27.3
4.6

148.3
131.2
3.8
33.6
12.0
8.0
4.0
35.6
.7
2.0
28.2
4.7

153.9
134.2
3.8
34.2
12.3
8.3
4.0
37.0
.7
2.0
29.5
4.7

27.8
32.5
57.3

534.9
29.8
37.0
63.1

463.7
26.0
28.8
53.7

26.8
31.5
60.7

567.5
29.2
35.0
71.1

46.4

51.3

43.1

47.2

53.3

Recreation
Books and maps (d.)
Magazines, newspapers and sheet music (n.d.)
Nondurable toys and sport supplies (n.d.)
Wheel goods, sports and photographic equipment boats,
and pleasure aircraft (d.)
Video and audio goods, including musical instruments,
and computer goods (d.)
Video and audio goods, including musical instruments
(d.).
Computers, peripherals, and software (d.)
Radio and television repair (s.)
Flowers, seeds, and potted plants (n.d.)
Admissions to specified spectator amusements
Motion picture theaters (s.)
Legitimate theaters and opera, and entertainments of
nonprofit institutions (except athletics) (s.)
Spectator sports21 (s.)
Clubs and fraternal organizations22 (s.)
Commercial participant amusements23 (s.)
Pari-mutuel net receipts (s.)
Other24 (s.)

57.9
25.9
4.0
15.3
22.1
6.3

62.1
28.6
4.0
16.3
23.6
6.9

67.3
31.9
3.9
17.5
25.8
7.4

60.4
38.1
3.9
15.8
21.5
6.1

68.1
60.8
3.9
16.6
22.5

79.0
92.3
3.8
18.3
23.4
6.7

7.1
14.6
52.8
3.6
109.1

9.1
7.6
15.0
56.4
3.7
116.0

10.2
8.2
15.8
63.1
3.8
124.6

8.4
6.9
14.3
51.5
3.5
105.3

8.7
7.2
14.2
54.1
3.5
108.6

9.2
7.4
14.6
58.8
3.6
113.7

Education and research
Higher education25 (s.)
Nursery, elementary, and secondary schools26 (s.)
Other27 (s.)

130.5
69.4
29.0
32.1

139.4
73.2
29.9
36.3

148.9
76.7
30.8
41.3

126.0
66.9
28.1
31.0

130.0
67.9
28.1
34.0

133.9
69.1
28.1
36.6

170.2

145.5

63.6
2.9

68.9
3.2

-15.4
72.9
3.5

-20.6
62.4
3.3

-11.2
69.3
3.6

-10.8
71.5
3.8

86.7
1.6

85.6
1.6

84.7
1.6

82.4
1.6

84.2
1.9

-2.1

-16.0

-41.5

83.7

97.0

Religious and welfare activities28 (s.)
Foreign travel and other, net
Foreign travel by U.S. residents29 (s.)
Expenditures abroad by U.S. residents (n.d.)
Less: Expenditures in the United States by
nonresidents30 (s.)
Less: Personal remittances in kind to nonresidents (n.d.)
Residual

services, and other personal business services.
19. Consists of premiums, less benefits and dividends, for motor vehicle insurance.
20. Consists of baggage charges, coastal and inland waterway fares, travel agents' fees, and airport bus fares.
21. Consists of admissions to professional and amateur athletic events and to racetracks.
22. Consists of dues and fees excluding insurance premiums.
23. Consists of billiard parlors; bowling alleys; dancing, riding, shooting, skating, and swimming places; amusement
devices and parks; golf courses; sightseeing buses and guides; private flying operations; casino gambling; and other
commercial participant amusements.
24. Consists of net receipts of lotteries and expenditures for purchases of pets and pet care services, cable
TV, film processing, photographic studios, sporting and recreation camps, video cassette rentals, and recreational
services, not elsewhere classified.
25. For private institutions, equals current expenditures (including consumption of fixed capital) less receiptssuch as those from meals, rooms, and entertainments—accounted for separately in consumer expenditures, and
less expenditures for research and development financed under contracts or grants. For government institutions,
equals student payments of tuition.
26. For private institutions, equals current expenditures (including consumption of fixed capital) less receiptssuch as those from meals, rooms, and entertainments—accounted for separately in consumer expenditures. For government institutions, equals student payments of tuition. Excludes child day care services, which are included in
religious and welfare activities.
27. Consists of (1) fees paid to commercial, business, trade, and correspondence schools and for educational
services, not elsewhere classified, and (2) current expenditures (including consumption of fixed capital) by research
organizations and foundations for education and research.
28. For nonprofit institutions, equals current expenditures (including consumption of fixed capital) of religious, social welfare, foreign relief, and political organizations, museums, libraries, and foundations. The expenditures are
net of receipts—such as those from meals, rooms, and entertainments—accounted for separately in consumer expenditures, and excludes relief payments within the United States and expenditures by foundations for education
and research. For proprietary and government institutions, equals receipts from users.
29. Beginning with 1981, includes U.S. students' expenditures abroad; these expenditures were $0.3 billion in
1981.
30. Beginning with 1981, includes nonresidents' student and medical care expenditures in the United States; student expenditures were $2.2 billion and medical expenditures were $0.4 billion in 1981.
NOTE—Consumer durable goods are designated (d.), nondurable goods (n.d.), and services (s.).
Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes
uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The
residual line is the difference between the first line and the sum of the most detailed lines.

D-32

National Data

SURVEY OF CURRENT BUSINESS

Table B.6.—Private Fixed Investment in Equipment and Software by
Type

Table B.5.—Private Fixed Investment in Structures by Type
Billions of dollars

Private fixed investment in
structures
Nonresidential .

New
Nonresidential buildings, excluding farm
Industrial
Commercial
Office buildings!
Other2
Religious
Educational
Hospital and institutional
Other3
Utilities
Railroads
Telecommunications
Electric light and power ,
Gas
Petroleum pipelines
Farm
Mining exploration, shafts, and wells .
Petroleum and natural gas
Other
Other4
Brokers' commissions on sale of
structures
Net purchases of used structures .
Residential

New
New housing units
Permanent site
Single-family structures
Multifamily structures
Manufactured homes
Improvements
Other5
Brokers' commissions on sale of
structures
Net purchases of used structures .
Residual .

1997

1998

576.1

640.4

255.8

Billions of dollars

Billions of chained
(1996) dollars

1999

1997

1998

680.5

557.2

600.7

618.4

283.2

285.6

245.4

263.0

259.2

254.3

282.4

284.7

243.9

262.1

258.3

178.9
33.1
89.7
39.9
49.8
5.6
9.8
15.1
25.5

198.0
36.5
100.7
49.1
51.6
6.4
10.9
15.4
28.2

204.0
31.5
109.1
54.2
54.9
7.3
10.6
15.2
30.4

173.3
32.1
86.9
38.7
48.2
5.4
9.5
14.6
24.7

185.1
34.1
94.1
45.9
48.2
6.0
10.2
14.4
26.3

183.4
28.3
98.1
48.7
49.4
6.6
9.5
13.6
27.3

36.1
4.9
12.3
11.4
6.5
1.0

44.5
5.7
13.2
12.5
11.8
1.3

45.0
4.9
15.1
14.2
9.3
1.5

35.3
4.8
12.0
11.2
6.3

43.0
5.5
12.9
12.0
11.4
1.2

43.5
5.0
15.0
13.5
8.7
1.4

3.8
30.1
28.4
1.7
5.5

4.3
29.3
28.0
1.3
6.2

4.5
24.3
22.8
1.5
6.9

3.7
26.2
24.5
1.6
5.3

2.0

2.3

2.4

2.0

4.0

1997

1999

4.0

24.4
23.2

21.5
20.2

1.2
5.9

1.3
6.4

2.2

2.3

-.5

-1.5

-1.5

-.5

-1.4

-1.3

320.4

357.1

394.9

311.8

337.7

359.2

281.2

311.0

342.9

272.9

293.0

310.4

199.6
186.1
163.2
22.9
13.5
80.8

225.5
210.4
185.8
24.6
15.2
84.5
1.0

248.6
234.4
207.2
27.3
14.2
93.0
1.3

193.7
180.5
158.6
21.9
13.3
78.4

212.2
197.5
175.9
21.7
14.7
79.9
.9

224.2
210.7
187.6
23.2
13.4
85.1
1.2

41.5
-2.3

48.9
-2.8

54.3
-2.3

41.2
-2.3

47.5
-2.7

51.0
-2.1

.3

-.4

-.9

1. Consists of office buildings, except those constructed at industrial sites and those constructed by utilities for
their own use,
2. Consists of stores, restaurants, garages, service stations, warehouses, mobile structures, and other buildings
used for commercial purposes.
3. Consists of hotels and motels, buildings used primarily for social and recreational activities, and buildings not
elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals.
4. Consists primarily of streets, dams and reservoirs, sewer and water facilities, parks, and airfields.
5. Consists primarily of dormitories and of fraternity and sorority houses.
NOTE—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.




January 2001

Private fixed investment in equipment
and software

1998 1999

Billions of chained
(1996) dollars
1997

1998

1999

751.5 832.6 926.3 772.0 887.3

1,012.1

743.6 824.3 917.4 764.2 879.0

1,003.1

Information processing equipment and software
Computers and peripheral equipmentl
Software2
Communication equipment
Instruments
Photocopy and related equipment
Office and accounting equipment

325.2 367.4 433.0 349.8 431.6
79.6 84.9 94.3 102.9 149.3
116.5 144.1 180.1 119.0 151.0
73.7 80.7 99.1 74.5 83.0
33.3 36.4 39.0 33.2 36.2
13.5
14.1
12.7 14.1 13.7
7.7
8.0
7.8
8.0
7.9

542.2
217.3
188.0
103.8
38.7
12.9
7.9

Industrial equipment
Fabricated metal products
Engines and turbines
Metalworking machinery
Special industry machinery, n.e.c
General industrial, including materials
handling, equipment
Electrical transmission, distribution, and
industrial apparatus

141.0 148.9 150.7 140.0 146.9
13.0 12.2 12.6
12.2
12.6
5.6
4.1
4.6
4.1
4.8
33.3 34.7 34.8 33.2 34.3
35.8 37.3 38.3 35.4 36.6

147.8
13.1
5.4
34.2
37.1
33.2

Transportation equipment
Trucks, buses, and truck trailers
Autos
Aircraft
Ships and boats
Railroad equipment
Other equipment
Furniture and fixtures
Tractors
Agricultural machinery, except tractors ...
Construction machinery, except tractors ,
Mining and oilfield machinery
Service industry machinery
Electrical equipment, n.e.c
Other

130.5 143.5 144.4 129.1 140.9
32.3 36.0 35.8 31.7 35.2
13.6
14.0 14.7
14.0 14.9
12.2 12.8 12.0 12.1 12.5
19.4 18.0 20.2
18.3 20.9
4.7
5.1
4.5
4.6
4.6
16.5
13.8 14.9
14.0 15.3
13.8 14.6 12.4
12.2
14.2
23.0 25.1 27.5 22.8 24.7

140.7
34.9
13.3
11.6
18.3
4.9
15.9
15.2
26.8

Nonresidential equipment and software

Less: Sale of equipment scrap, excluding autos
Residential equipment

32.8

35.3

34.2

32.4

34.7

22.8

24.1

24.9

22.7

24.1

24.8

151.4 168.2 193.5 150.5 168.0
85.7 97.9 113.5 86.3 99.8
42.4 40.6 44.1 41.1 39.2
19.7
14.8 20.0 25.7
14.6
2.5
2.6
2.5
2.6
2.6
7.1
5.9
7.7
6.0
7.0

191.8
113.6
43.4
24.9
2.4
7.8

4.5

3.7

4.2

4.4

4.3

7.9

8.3

8.9

7.9

8.3

9.1

-3.1 -13.9

-41.2

Residual
Addenda:
Private fixed investment in equipment and
software
Less: Dealers' margin on used equipment
Net purchases of used equipment from
government
Plus: Net sales of used equipment
Net exports of used equipment
Sale of equipment scrap
Equate. Private fixed investment in new
equipment and software

5.2

751.5 832.6 926.3
7.7
8.2
8.1
38.3
.4
4.6
786.3

1.2

1.0

39.3
.5
3.8

39.8
.7
4.3
962.1

1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment.
NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.
n.e.c. Not elsewhere classified.

National Data

SURVEY OF CURRENT BUSINESS

January 2001

D-33

Table B.7.—Compensation and Wage and Salary Accruals by Industry
[Millions of dollars]
Compensation
1997

1998

Wage and salary accruals
1999

4,651,280 4,984,194 5,299,765 3,885,977 4,192,775 4,475,142

Domestic industries

4,656,151 4,989,375 5,305,152 3,890,848 4,197,956 4,480,529

Private industries

3,773,522 4,075,046 4,351,977 3,226,590 3,505,274 3,756,128

Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and
fishing

42,881
17,563

46,493
18,675

49,947
19,446

37,483
15,138

40,863
16,222

43,790
16,575

25,318

27,818

30,501

22,345

24,641

27,215

Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels

35,245
3,190
5,653
21,429
4,973

36,036
2,956
5,569
22,234
5,277

34,461
2,907
5,206
20,888
5,460

29,792
2,678
4,717
18,181
4,216

30,587
2,481
4,666
18,948
4,492

29,290
2,449
4,367
17,813
4,661

Construction

220,889

243,014

268,836

189,456

210,384

233,781

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 products
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

852,365
529,924
25,817
16,535
23,487
36,042
61,786
110,141

895,122
560,865
27,252
17,840
24,782
36,745
64,619
117,372

925,153
584,774
28,820
18,885
25,906
37,105
66,858
121,946

714,638
443,497
21,741
13,866
19,431
29,637
51,357
93,957

755,391
472,581
23,075
15,065
20,634
30,427
54,094
100,604

783,049
494,007
24,481
16,003
21,628
30,819
56,122
104,579

85,705
58,375
49,100
48,777

91,567
61,774
52,454
51,731

97,885
65,430
52,553
54,059

71,809
48,371
40,137
41,372

77,237
51,601
43,364
44,104

82,848
54,866
43,585
46,160

14,159
322,441
62,478
2,928
18,878
19,855
33,383
64,088
70,667
9,772

14,729
334,257
64,923
2,706
18,843
19,441
33,880
67,467
74,657
10,173

15,327
340,379
66,467
2,669
18,290
18,520
34,621
69,778
77,347
9,811

11,819
271,141
52,659
2,375
16,102
16,754
28,437
54,831
57,901
8,116

12,376
282,810
55,034
2,188
16,141
16,467
28,977
58,020
61,798
8,499

12,916
289,042
56,561
2,170
15,687
15,697
29,679
60,187
64,430
8,211

37,755
2,637

39,614
2,553

40,399
2,477

31,721
2,245

33,507
2,179

34,301
2,119

299,385
163,507
15,752

319,633
175,713
17,047

346,868
186,061

247,831
133,757
11,756

266,868
145,260
12,886

291,788
154,893
12,740

10,495
62,099
8,349
49,875
969
15,968

11,189
66,240
8,780
54,141
985
17,331

11,874
70,421
9,034
58,478
981
18,274

41,092
827
13,643

9,516
54,688
7,312
45,120
845
14,893

10,159
58,689
7,575
49,117
843
15,770

1. Reflects the reclassification of air couriers from trucking and warehousing to transportation by air.
2. Consists of museums, botanical and zoological gardens; engineering and management services; and services,
not elsewhere classified.
3. Includes Coast Guard.
4. Includes estimates of foreign professional workers and undocumented Mexican migratory workers employed




Wage and salary accruals

1997

Total

Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger
transit
Trucking and warehousing'
Water transportation
Transportation by air 1
Pipelines, except natural gas
Transportation services

Compensation

1997

1998

1999

82,157
62,592
19,565
53,721

88,796
66,455
22,341
55,124

102,678
77,879
24,799
58,129

69,025
52,329
16,696
45,049

75,099
55,891
19,208
46,509

87,566
66,176
21,390
49,329

Wholesale trade

307,479

332,226

355,005

266,391

288,718

308,791

Retail trade .

426,010

454,854

485,299

365,711

392,737

420,635

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

377,552
87,566
29,516
79,430
78,125

421,812
94,243
37,865
92,618
85,098

452,941
97,933
40,027
105,872
89,700

327,411
73,726
25,405
71,315
67,229

368,133
80,080
32,860
83,641
73,551

396,575
83,593
34,792
95,669
77,697

34,456
47,750
20,709

36,084
53,256
22,648

38,148
56,890
24,371

30,395
41,565
17,776

31,863
46,548
19,590

33,733
49,859
21,232

Communications
Telephone and telegraph
Radio and television
Electric, gas, and sanitary services ...

Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking ....
Miscellaneous repair services
Motion pictures
Amusement and recreation services .
Health services
Legal services
Educational services
Social services and membership
organizations
Social services
Membership organizations
Other services2
Private households
Government
Federal
General government
Civilian
Military3
Government enterprises
State and local
General government
Education
Other
Government enterprises
Rest of the world
Receipts from the rest of the world
less. Payments to the rest of the world 4
Addenda:
Households and institutions
Nonfarm business

1997

1,211,716 1,325,856 1,433,467 1,047,877 1,151,593 1,248,429
46,006
40,424
34,575
42,560
39,609
37,277
28,561
25,336
22,477
26,962
25,441
23,880
310,041
353,616
302,015
256,124
264,072
223,096
32,673
37,093
34,408
32,091
30,250
28,133
11,903
13,607
13,317
12,458
11,643
10,870
19,839
22,591
21,799
20,220
19,143
17,732
41,242
47,481
43,664
40,283
37,793
34,722
319,481
410,078
395,515
378,558
349,355
335,629
54,931
72,301
68,037
62,903
63,443
59,595
49,601
66,437
62,382
57,563
57,692
54,002
99,414
50,415
48,999
175,017
12,035

106,435
54,995
51,440
194,782
13,980

113,608
58,982
54,626
210,621
11,467

87,956
43,606
44,350
152,577
11,726

94,358
47,765
46,593
170,311
13,640

100,862
51,357
49,505
184,471
11,148

882,629
266,816
213,247
127,331
85,916
53,569
615,813
576,759
307,530
269,229
39,054

914,329
270,094
215,071
129,515
85,556
55,023
644,235
323,824
280,012
40,399

953,175
278,402
222,200
135,250
86,950
56,202
674,773
632,487
339,529
292,958
42,286

664,258
177,133
141,026
86,121
54,905
36,107
487,125
455,682
240,923
214,759
31,443

692,682
179,468
142,471
87,401
55,070
36,997
513,214
480,433
255,448
224,985
32,781

724,401
184,902
147,112
90,921
56,191
37,790
539,499
505,096
269,023
236,073
34,403

-4,871
1,802
6,673

-5,181
1,934
7,115

-5,387
2,208
7,595

-4,871
1,802
6,673

-5,181
1,934
7,115

-5,387
2,208
7,595

401,727
385,149
363,230
3,485,352 3,766,644 4,029,292

temporarily in the United States.
NOTE—Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Compensation equals wage and salary accruals plus supplements to wages and salaries. "Supplements" are li
in table 8.17 of the August 2000 SURVEY OF CURRENT BUSINESS.

D-34

National Data

SURVEY OF CURRENT BUSINESS

January 2001

Table B.8.—Employment by Industry
[Thousands]

1997

1998

1999

1997

1998

1999

Total

130,118

133,433

136,363

126,790

129,711

132,216

Domestic industries

130,640

133,964

136,915

127,237

130,166

132,689

Private industries

108,587

111,684

114,358

108,802

111,559

113,919

2,130

2,182

2,288

3,315
1,814
1,501

Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing

876

880

923

1,254

1,302

1,365

3,340
1 705
1,635

3,384
1,693
1,691

1997
Pipelines, except natural gas
Transportation services
Communications
Telephone and telegraph
Radio and television
Electric, gas, and sanitary services
Wholesale trade
Retail trade

Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels

601
54
97
340
110

595
49
93
341
112

540
44
87
296
113

603
54
95
345
109

603
49
93
350
111

545
45
86
304
110

5,965

6,299

6,707

7,255

7,605

8,026

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 products
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

18,772
11,059

18,922
11,265

18,665
11,176

18,776
11,132

18,932
11,344

18,655
11,221

821
514
555
710

839
534
566
715

857
551
570
698

864
531
563
706

895
543
569
711

915
563
571
697

1,485
2,170
1,695

1,515
2,212
1,709

1,481
2,168
1,684

1,512
2,212
1,699

983
857
865
404

998
899
872
406

1,530
2,142
1,669
1,024

874
854
407

976
854
860
445

996
902
864
441

1,518
2,136
1,655
1,019

7,713
1,694

7,657
1,694

7,489
1,694

7,644
1,676

7,588
1,672

7,434
1,677

41
617
830
686

40
597
770
679

37
559
697
669

40
619
831
678

39
598
775
672

36
555
708
664

1,579
1,037

1,594
1,043

1,575
1,039

1,562
1,024

1,578
1,029

1,556
1,028

92

87

Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing2
Water transportation
Transportation by air 2

6,466
4,175

6,674
4,339

Construction

872
841
434

137

136

130

135

135

130

1,000

1,017

1,010

1,005

1,000

79

990
89

85

80

6,899
4,479

6,472
4,283

6,650
4,435

6,852
4,565

220
457

223
473

222
491

208
481

211
486

210
504

1,709

1,777

1,846

1,880

1,954

2,018

182

185

187

178

185

184

1,140

1,198

1,245

1,067

1,122

1,163

1. Equals the number of full-time equivalent employees plus the number of self-employed persons. Unpaid family
workers are not included.
2. Reflects the reclassification of air couriers from trucking and warehousing to transportation by air.
3. Consists of museums, botanical and zoological gardens; engineering and management services; and services,
not elsewhere classified.




Persons engaged in
productionl

Full-time and part-time
employees

Persons engaged in
production'

Full-time and part-time
smployees

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
Health services
Legal services
Educational services
Social services and membership
organizations
Social services
Membership organizations
Other services ^
Private households
Government ....
Federal
General government
Civilian
Military4
Government enterprises
State and local
General government
Education
Other ...
Government enterprises
Rest of the world5

1998

1999

1997

1998

1999

14
453

13
470

13
475

14
455

13
464

13
473

1,420
1,003

1,475
1,044

1,556
1,109

1,323

1,363

417
871

431
860

447
864

938
385
866

958
405
852

1,426
1,013

413
861

6,750

6,917

7,001

6,739

6,922

7,024

22,636

23,003

23,583

20,258

20,417

20,988

7,257
2,033

7,536
2,047

7,723
2,053

7,425
1,927

7,634
1,934

7,826
1,932

574
630

662
681

710
727

563
679

643
732

692
796

1 526

1 575

1 609

1462

1 502

1 527

767

787

795

875

880

873

1481

1 534

1 571

1684

1 706

1762

246

250

258

235

237

244

38,010
1,833
1,326
8,147
1,248

39,556
1,874
1,340
8,780
1,276

40,952
1,936
1,365
9,449
1,331

37,959
1,665
1,789
8,260
1,511

39,456
1,701
1,804
8,988
1,523

40,619
1,760
1,833
9,577
1,561

389
569

395
593

391
618

582
610

591
645

553
664

1,664
10,038
1,084
2,183

1,726
10,217
1,112
2,272

1,783
10,349
1,138
2,350

1,485
9,402
1,200
2,006

1,494
9,521
1,223
2,101

1,547
9,638
1,216
2,164

4,951
2,622
2,329
3,345
1,233

5,155
2,751
2,404
3,536
1,280

5,350
2,861
2,489
3,641
1,251

4,818
2,881
1,937
3,797

4,992
2,993
1,999
3,991

5,157
3,087
2,070
4,087

834

882

862

22,053
5,265
4,275
1,899
2,376

22,280
5,194
4,200
1,878
2,322

22,557
5,139
4,147
1,856
2,291

18,435
4,269
3,476
1,869
1,607

18,607
4,208
3,417
1,846
1,571

18,770
4,157
3,367
1,818
1,549

990

994

992

793

791

790

16,788
15,954
8,736
7,218

17,086
16,244
8,947
7,297

17,418
16,564
9,164
7,400

14,166
13,304
7,070
6,234

14,399
13,529
7,228
6,301

14,613
13,737
7,373
6,364

834

842

854

862

870

876

-522

-531

-552

-447

-455

-473

4. Includes Coast Guard.
5. Includes estimates of foreign professional workers and undocumented Mexican migratory workers employed
temporarily in the United States.
NOTE—Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).

National Data •

SURVEY OF CURRENT BUSINESS

January 2001

D-35

Table B.9.—Wage and Salary Accruals Per Full-Time Equivalent Employee and Full-Time Equivalent Employees by Industry
Wage and salary accruals
per full-time equivalent

Full-time equivalent employ-

Wage and salary accruals
per full-time equivalent

Full-time equivalent employ-

Thousands

Dollars
1997

1998

1999

Total

33,429

35,124

36,653

Domestic industries

33,343

35,034

36,555

Private industries

1997

1997

1998

116,246

119,370

122,095

119,825

122,568

32,838

34,631

36,187

98,258

101,218

103,798

Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing

20,449
20,157
20,652

20,701
21,515
20,198

21,288
20,954
21,497

1,833
751
1,082

1,974
754
1,220

2,057
791
1,266

Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels

50,581
49,593
49,653
54,598
39,402

52,465
50,633
51,275
56,731
41,211

55,659
51,376
61,424
42,373

54
95
333
107

583
49
91
334
109

529
44
85
290
110

Construction

32,932

34,625

36,127

5,753

6,076

6,471

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 products
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

38,941
40,770
27,382
27,622
35,719
42,038
35,152
43,987
42,871
49,662
47,276
48,616
30,540
36,278
31,895
59,375
26,354
20,838
42,129
37,427
56,766
60,119

40,830
42,617
28,278
28,860
36,978
42,855
36,280
46,212
45,729
52,175

42,862
44,902
29,040
29,635
38,621
44,536
37,192
49,728
50,333
53,949
50,329
55,215
33,118
39,775
34,176
60,278
28,470
23,255
44,900
41,083

18,352
10,878
794
502
544
705
1,461
2,136
1,675
974
849
851
387
7,474
1,651
40
611
804
675
1,465
1,020
135

18,501
11,089
816
522
558
710
1,491
2,177
1,689
989
891
858
388
7,412
1,648
39
591
745
671
1,478
1,024
134

32,237
25,225

33,574
25,940

34,508
27,882

984

Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing2
Water transportation
Transportation by air 2

41,059
34,429
56,519
21,201
31,740
40,524

42,898
35,991
61,071
22,028
32,945
42,266
40,430

45,422
37,189
60,667
22,676
34,042
43,286
42,379

6,036
3,885
208
418
1,597
170
1,062

Pipelines, except natural gas
Transportation services
Communications
Telephone and telegraph
Radio and television
Electric, gas, and sanitary services

51,403
31,897
38,156
33,394
56,103
27,311
22,103
43,185
39,256
60,350
63,425

63,651

390
7,267
1,655
36
551
675
661
1,465
1,025
129
994
76

6,221
4,036
211
432
1,660
173
1,116

6,424
4,165
210
448
1,724
175
1,159

1. Full-time equivalent employees equals the number of employees on full-time schedules plus the number of
employees on part-time schedules converted to a full-time basis. The number of full-time equivalent employees in
each industry is the product of the total number of employees and the ratio of average weekly hours per employee
for all employees to average weekly hours per employee on full-time schedules.
2. Reflects the reclassification of air couriers from trucking and warehousing to transportation by air.
3. Consists of museums, botanical and zoological gardens; engineering and management services; and services,




1998

59,071
32,796
53,425
57,315
44,053
52,444

65,000
34,555
56,086
58,957
49,125
54,975

64,846
36,170
62,148
65,847
52,946
58,034

14
416
1,292
913
379
859

13
431
1,339
948
391
846

41,224

43,606

45,856

6,462

6,621

1999
13
436
1,409
1,005
404
850

Wholesale trade
Retail trade .

11,002
843
540
560
692
1,509
2,103
1,646
1,017

1997

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
Health services
Legal services
Educational services
Social services and membership
organizations
Social services
Membership organizations
Other services3
Private households
Government
Federal
General government
Civilian
Military4
Government enterprises ....
State and local
General government
Education
Other
Government enterprises ....
Rest of the world5

6,734
19,495

20,602

21,414

18,759

19,063

48,170
38,279
46,444
118,661
45,984
41,982
31,924
75,643

52,403
41,492
52,325
129,475
48,969
43,116
34,660
82,658

55,357
43,402
51,928
50,882
45,401
36,447
87,016

6,797
1,926
547
601
1,462
724
1,302
235

7,025
1,930
628
646
1,502
739
1,343
237

19,643
7,164
1,926
670
686
1,527
743
1,368
244

31,116
21,569
19,360
29,647
23,801
30,194
25,531
35,541
57,042
26,092

32,759
22,633
20,306
32,326
24,897
31,639
40,904
27,150
36,793
60,258
27,109

34,197
23,626
21,008
35,244
25,666
32,522
40,488
28,462
37,776
62,629
27,965

33,677
1,603
1,161
7,525
1,182
360
447
1,360
8,989
963
1,901

35,154
1,647
1,176
8,169
1,215
368
468
1,392
9,122
989
1,992

36,507
1,711
1,206
8,797
1,273
366
490
1,449
9,248
1,013
2,063

20,739
18,926
22,896
49,044
14,060

21,305
19,656
23,308
51,531
15,465

21,884
20,227
23,915
53,939
12,933

4,241
2,304
1,937
3,111
834

4,429
2,430
1,999
3,305

36,032
41,493
40,571
46,079
34,166
45,532
34,387
34,252
34,077
34,450
36,477

37,227

38,594
44,480
43,692
50,012
36,276
47,835
36,919
36,769
36,488
37,095
39,273

18,435
4,269
3,476
1,869
1,607
793
14,166
13,304
7,070
6,234
862

18,607
4,208
3,417
1,846
1,571
791
14,399
13,529
7,228
6,301
870

18,770
4,157
3,367
1,818
1,549
790
14,613
13,737
7,373
6,364
876

-447

-455

-473

47,346
35,054
46,772
35,642
35,511
35,341
35,706
37,679

2,539
2,070
3,420
862

not elsewhere classified.
4. Includes Coast Guard,
5. Includes estimates of foreign professional workers and undocumented Mexican migratory workers employed
temporarily in the United States.
NOTE—Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).

D-36

National Data

January 2001

SURVEY OF CURRENT BUSINESS

Table B.10.—Farm Sector Output, Gross Product, and National Income

Table B.11.—Housing Sector Output, Gross Product, and National
Income

Billions of chained (1996)
dollars

Billions of dollars

Billions of chained (1996)
dollars

Billions of dollars
1997

Farm output
Cash receipts from farm marketings
Crops
Livestock
Farm housing
Farm products consumed on farms
Other farm income
Change in farm inventories
Crops
Livestock
Less. Intermediate goods and services purchased
Intermediate goods and services, other than
rent
Rent paid to nonoperator landlords

226.3

214.6

208.4

237.5

238.4

243.9

208.6
112.0
96.6
6.4
.5
7.8
2.9
3.3
-.4

198.2
104.0
94.2
6.7
.5
8.6
.6
.9
-.3

190.7
95.3
95.4
7.0
.5
10.4
-0.2
.5
-.7

218.7
121.2
97.6
6.0
.5
8.2
3.2
3.5
-.4

220.5
122.2
98.3
5.9
.5
9.6
1.2
1.5
-.3

224.3
123.7
100.6
5.7
.5
12.4
0
.9

138.1

133.9

134.2

134.4

138.0

138.4

122.1
16.0

118.8
15.1

120.1
14.1

119.0
15.5

122.4
15.7

124.0
14.4

74.2

103.6

100.2

106.3

Equals: Gross farm product
Less: Consumption of fixed capital

26.3

27.4

29.2

25.9

Equals: Net farm product

61.9

53.4

45.0

78.1

Less: Indirect business tax and nontax liability
Plus: Subsidies to operators
Equals: Farm national income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Proprietors' income and corporate profits with
inventory valuation and capital consumption
adjustments
Proprietors' income
Corporate profits
Net interest

5.2
6.3

5.2
10.3
58.5
18.7
16.2
2.5

56.9
19.4
16.6
2.9

35.8
29.7
6.1
9.7

29.8
25.4
4.4
10.0

27.2
25.3
1.9
10.3

1999

823.2

868.7

756.1

775.5

795.0

771.6
585.5
186.1
6.4

816.6
622.7
193.8
6.7

861.7
661.1
200.6
7.0

750.1
569.0
181.0
6.0

769.6
586.7
182.9
5.9

789.4
605.7
183.7
5.7

Less: Intermediate goods and services
consumed

106.0

115.4

118.6

102.0

107.9

107.1

Equals: Gross housing product
Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

672.0
666.7
504.0
162.6
5.3

707.9
702.3
534.0
168.3
5.6

750.2
744.3
570.8
173.5
5.9

654.0
649.0
490.3
158.7
5.0

667.6
662.6
503.3
159.4
5.0

687.9
683.1
523.6
159.5

Less: Consumption of fixed capital
Capital consumption allowances
Less: Capital consumption adjustment

126.5
67.6
-58.8

133.7
72.0
-61.7

143.7
77.5
-66.2

122.7

125.8

Equals: Net housing product

545.5

574.2

78.2

NOTE.—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.




Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

1997

778.0

28.1
73.5

5.6
17.6

63.1
17.6
15.1
2.4

Housing output1

Less: Indirect business tax and nontax liability
plus business transfer payments
Plus: Subsidies less current surplus of
government enterprises
Equals: Housing national income
Compensation of employees
Proprietors' income with inventory
valuation adjustment and capital
consumption adjustment
Rental income of persons with
capital consumption adjustment
Corporate profits with inventory
valuation adjustment and capital
consumption adjustment
Net interest

129.9

135.6

23.7

23.7

24.2

445.0

468.0

495.2

9.5

10.1

21.3

20.7

20.2

109.0

119.0

126.4

4.7
301.2

4.5
314.4

4.4
334.1

1 . Equals personal consumption expenditures for housing less expenditures for other housing as shown in table
B.4.
NOTE—Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.

January 2001

National Data

SURVEY OF CURRENT BUSINESS

D-37

Table B.12.—Net Stock of Private Fixed Assets; Equipment, Software, and Structures; by Type
[Yearend estimates]
Current-cost valuation (Billions of dollars)

Private fixed assets
Equipment and software
Nonresidential equipment and software
Information processing equipment and software
Computers and peripheral equipment
Software 1
Communication equipment
Instruments
Photocopy and related equipment
Office and acccounting equipment
Industrial equipment
Fabricated metal products
Engines and turbines
Steam engines
Internal combustion engines
Metalworking machinery
Special industry machinery, n.e.c
General industrial, including materials handling, equipment
Electrical transmission, distribution, and industrial apparatus

Chain-type quantity indexes (1996=100)

1994

1995

1996

1997

1998

1999

15,203.7

15,908.5

16,722.5

17,653.1

18,670.3

19,882.3

94.99

3,051.1

3,243.8

3,416.3

3,585.3

3,797.0

4,080.7

90.55

2,992.4

3,182.8

3,352.2

3,519.8

3,729.4

4,010.9

90.51

802.8
86.4
142.9
334.7
153.7
65.7
19.5

850.2
93.6
158.3
344.3
165.1
68.8
20.1

906.0
101.5
173.7
363.8
175.0
71.5
20.5

974.8
112.2
200.7
388.2
181.9
70.2
21.6

1,050.0
117.8
240.1
411.1
191.2
68.3
21.4

1,182.5

1,010.7

1,075.1

95.6
55.8
49.5
6.4

1,119.1
98.7
57.3
50.4

193.7
225.0
213.4

219.2
253.1
234.9
255.9

1,156.9
98.6
58.5
51.2
7.3
227.8
262.1
243.0

1,198.7

90.3
55.2
49.2
5.9

1996

1997

1998

1999

97.30

100.00

102.96

106.37

110.15

94.93

100.00

105.94

113.06

121.98

94.90

100.00

105.98

113.17

122.17

69.5
23.7

83.43
53.99
81.69
88.04
90.28
97.04
94.59

90.81
71.80
89.64
93.40
95.07
99.22
97.17

100.00
100.00
100.00
100.00
100.00
100.00
100.00

111.57
142.35
116.26
108.02
104.07
99.34
105.39

125.69
202.40
139.38
117.02
109.22
97.55
105.62

145.38
292.07
168.53
131.68
115.11
98.63
115.47

94.31
97.12
99.88
101.07
91.07
92.82
93.44
94.55
93.89

97.07
98.06
99.36
99.89
95.40
96.54
96.72
97.21
96.87

100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00

102.97
100.28
100.11
99.28
106.25
103.54
103.09
102.69
104.29

106.04
100.60
100.76
99.49
110.27
106.90
106.05
106.14
108.48

109.26
103.63
102.02
99.56
120.27
110.90
108.84
109.21
112.13

141.8
296.8
449.3
201.4

1994

1995

233.1

209.2
240.5
225.3
248.7

276.9

1,240.8
101.2
60.9
52.4
8.5
246.5
282.7
261.9
287.5

Transportation equipment
Trucks, buses, and truck trailers
Autos
Aircraft
Ships and boats
Railroad equipment

604.3
206.7
142.3
137.4
46.1
71.8

650.5
234.1
150.0
143.6
45.9
76.9

690.4
260.8
159.0
147.1
46.5
77.1

716.5
283.0
159.9
149.6
46.9
77.1

767.5
323.1
159.4
159.0
46.8
79.2

840.3
369.1
161.9
178.2
48.1
83.1

90.93
80.98
92.01
99.48
104.28

95.20
89.85
95.59
100.14
101.57
99.38

100.00
100.00
100.00
100.00
100.00
100.00

104.95
111.12
101.49
101.57
99.16
101.34

111.52
124.62
101.77
107.17
98.12
104.17

121.39
142.43
104.06
117.00
98.86
108.43

Other equipment
Furniture and fixtures
Household furniture
Other furniture
Tractors
Farm tractors
Construction tractors
Agricultural machinery, except tractors
Construction machinery, except tractors
Mining and oilfield machinery
Service industry machinery
Electrical equipment, n.e.c
Household appliances
Other
Other nonresidential equipment

574.6
159.2
8.6
150.6
56.0
45.7
10.3
69.6
72.4
16.3
60.4
41.8
2.8
39.0

607.1
169.7
8.8
160.9
57.9
47.6
10.3
72.6
76.8
16.5
64.6
43.4
2.9
40.5
105.5

636.8
178.2
9.0
169.2
59.3
48.6
10.6
74.9
82.1
16.6
68.8
44.7
2.9
41.9
112.2

671.6
189.3
9.1
180.2
63.4
51.7
11.7
77.2
87.2
18.1
72.1
46.9
2.8
44.1
117.4

713.2
200.3
9.3
191.1
67.9
54.9
13.0
79.9
94.9
19.4
75.4
50.3
2.8
47.5
125.1

747.2
209.0
9.8
199.1
68.3
55.1
13.2
82.3
100.1
21.1
79.0
52.6
3.0
49.6
135.0

93.97
93.83
99.53
93.53
96.40
95.85
98.92
97.33
92.56
104.08
91.85
93.21
100.89
92.69
91.78

96.73
96.85
99.47
96.71
98.45
98.53
98.06
98.44
95.48
101.57
95.61
96.01
100.22
95.72
95.68

100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00

104.58
104.92
100.37
105.16
106.36
105.88
108.56
102.00
104.53
106.90
103.58
106.49
99.49
106.97
104.39

110.35
111.11
102.51
111.56
112.71
111.54
117.98
104.30
111.57
113.87
107.60
115.20
100.56
116.20
110.33

114.82
115.38
108.10
115.76
112.81
111.64
118.10
106.21
115.60
121.91
112.42
122.18
106.00
123.29
117.75

Residential equipment
Structures
Nonresidential structures
Nonresidential buildings, excluding farm
Industrial buildings
Office buildings 2
Commercial buildings
Mobile structures
Other commercial 3
Educational buildings
Hospital and institutional buildings
Other
Hotels and motels
Amusement and recreational buildings
Other nonfarm buildings 4
Utilities
Railroad
Telecommunications
Electric light and power
Gas
Petroleum pipelines
Farm related buildings and structures
Mining exploration, shafts, and wells
Petroleum and natural gas
Other mining
Other nonfarm structures 5
Residential structures
Housing units
Permanent site
1-to-4-unit
5-or-more-unit
Manufactured homes
Improvements
Other residential 6

6.9

59.3
51.6
7.7
236.8
273.3
253.7

58.7

61.0

64.1

65.5

67.5

69.8

92.87

96.41

100.00

103.62

107.52

112.35

12,152.6

12,664.6

13,306.3

14,067.9

14,873.3

15,801.6

96.16

97.92

100.00

102.21

104.73

107.30

4,739.1

4,941.4

5,175.0

5,487.0

5,749.0

6,035.7

96.97

98.31

100.00

102.04

104.39

106.54

2,992.3
673.6
694.6
757.9
7.7
750.2
135.3
122.5
298.2
310.2
156.2
81.4
72.5

3,125.1
700.4
723.1
796.6
8.3
788.4
140.2
129.2
311.9
323.7
164.1
86.6
73.0

3,285.6
729.2
756.3
843.8
8.6
835.2
145.7
137.9
327.7
345.1
177.5
92.7
75.0

3,498.9
765.4
804.9
902.7
8.9
893.7
153.9
149.7
348.7
373.6
194.8
101.0
77.7

3,742.2
807.4
865.6
965.4
9.3
956.1
163.5
163.7
371.1
405.4
215.3
109.8
80.3

3,990.8
843.4
930.6
1,032.1
9.9
1,022.1
174.1
177.5
393.6
439.6
237.5
119.4
82.7

95.81
97.21
96.56
94.55
96.45
94.53
97.69
93.35
95.68
94.61
92.61
92.37
102.11

97.71
98.67
98.17
96.99
97.98
96.98
98.82
96.23
97.81
96.46
95.07
96.01
100.32

100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00

102.71
101.24
102.63
103.19
102.63
103.20
101.88
104.61
102.61
104.49
105.90
105.12
100.35

105.70
102.70
106.15
106.24
106.13
106.24
104.11
110.06
105.09
109.25
112.61
109.90
100.43

108.55
103.31
109.87
109.35
109.43
109.35
106.69
114.93
107.32
114.18
119.47
115.10
100.40

1,148.4
281.6
204.4
460.6
160.3
41.5

1,190.2
287.5
219.3
478.0
163.7
41.7

1,229.0
299.2
235.3
483.4
168.9
42.1

1,264.7
301.2
239.5
503.9
176.7
43.4

1,285.4
295.3
243.9
515.0
186.9
44.3

1,310.8
287.2
250.4
530.3
197.1
45.9

98.49
101.50
95.84
98.50
96.43
100.14

99.13
100.62
97.94
99.19
97.83
99.97

100.00
100.00
100.00
100.00
100.00
100.00

100.88
99.54
102.15
101.01
101.34
99.85

102.40
99.30
104.55
102.31
105.61
100.34

103.64
98.72
107.43
103.31
108.43
101.36

197.1
272.5
240.4
32.1
128.7

200.0
287.3
254.5
32.8
138.7

204.4
311.2
277.4
33.8
144.8

210.7
360.8
325.5
35.2
152.1

218.1
346.0
309.8
36.2
157.2

224.5
345.2
307.8
37.4
164.3

101.44
101.13
101.31
99.78
95.42

100.53
100.06
100.12
99.54
98.21

100.00
100.00
100.00
100.00
100.00

99.42
101.65
101.82
100.25
101.40

99.01
102.56
102.94
99.26
103.19

98.14
102.55
103.01
98.69
105.30

7,413.5

7,723.3

8,131.2

8,580.8

9,124.3

9,765.9

95.65

97.67

100.00

102.31

104.94

107.78

6,058.9

6,301.5
6,169.1

6,624.6
6,483.0
5,663.1
819.9
141.6
1,477.1
29.6

6,995.2
6,845.0
5,959.4
885.6
150.2
1,555.1
30.5

7,450.6
7,289.6
6,335.3
954.3
161.0
1,641.8
31.9

7,984.1
7,812.7
6,817.4
995.3
171.4

95.77
95.86
95.46
98.67
91.43
95.00
100.94

97.75
97.80
97.59
99.23
95.46
97.25
100.33

100.00
100.00
100.00
100.00
100.00
100.00
100.00

102.25
102.20
102.38
100.94
104.68
102.65
100.33

104.87
104.76
105.18
101.92
110.15
105.33
101.11

107.67
107.52
108.19
103.09
114.50
108.42
102.74

5,936.8
5,170.2
766.6
122.1
1,326.1
28.6

5,383.9
785.2
132.4
1,392.8

28.9

1. Excludes software "embedded" or bundled in computers and other equipment.
2. Consists of office buildings, except those occupied by electric and gas utility companies.
3. Consists primarily of stores, restaurants, garages, service stations, warehouses, and other buildings used for
commercial purposes.
4. Consists of buildings not elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals.
5. Consists primarily of streets, dams, reservoirs, sewer and water facilities, parks, and airfields.




98.7

1,748.0
33.8

6. Consists primarily of dormitories and of fraternity and sorority houses.
NOTE.-The data in this table are from "Fixed Assets and Consumer Durable Goods for 1925-99" in the Septem2000 SURVEY OF CURRENT BUSINESS.
n e c N o t elsewhere classified.

Der

D-38

National Data

SURVEY OF CURRENT BUSINESS

January 2001

C. Historical Measures
This table is derived from the "GDP and Other Major NIPA Series" tables that were published in the August 2000
issue of the SURVEY OF CURRENT BUSINESS and from the "Selected NIPA Tables" that are published in this issue.
(Changes in prices are calculated from indexes expressed to three decimal places.)

Table C.1.—Historical Measures of Real Gross Domestic Product, Real Gross National Product, and Real Gross Domestic Purchases
[Quarterly estimates are seasonally adjusted at annual rates]
Percent change from preceding
period

Billions of chained (1996) dollars
Year and
quarter

Gross domestic
product

Final caloc Af
rlilal bdlcb Ul
domestic
product

Chain-type price indexes

Percent change from preceding period

Implicit price deflators

Implicit price deflators

Chain-type price index
Gross national
Gross domestic
product
product

Final sales of
domestic
product

product

purchases

Gross domestic
product

product

Gross domestic Gross domestic Gross domestic Gross national
product
product
purchases
product

1959

2,319.0

2,317.4

2,332.8

7.2

6.3

21.88

21.41

21.88

21.88

1.1

1.1

1.1

1.1

1960
1961
1962
1963
1964

2,376.7
2,432.0
2,578.9
2,690.4
2,846.5

2,378.5
2,435.5
2,569.5
2,683.6
2,844.1

2,391.9
2,448.8
2,598.0
2,710.8
2,868.5

2.5
2.3
6.0
4.3
5.8

2.6
2.4
5.5
4.4
6.0

22.19
22.43
22.74
22.99
23.34

21.71
21.94
22.23
22.50
22.85

22.19
22.44
22.74
23.00
23.34

22.18
22.43
22.74
22.99
23.34

1.4
1.1
1.4
1.1
1.5

1.4
1.1
1.3
1.2
1.6

1.4
1.1
1.4
1.1
1.5

1.4
1.1
1.4
1.1
1.5

1965
1966
1967
1968
1969

3,028.5
3,227.5
3,308.3
3,466.1
3,571.4

3,008.5
3,191.1
3,288.2
3,450.0
3,555.9

3,051.7
3,248.9
3,330.4
3,489.8
3,594.1

6.4
6.6
2.5
4.8
3.0

5.8
6.1
3.0
4.9
3.1

23.77
24.45
25.21
26,29
27.59

23.26
23.91
24.61
25.66
26.92

23.78
24.46
25.21
26.30
27.59

23.77
24.45
25.21
26.29
27.59

1.9
2.8
3.1
4.3
4.9

1.8
2.8
2.9
4.3
4.9

1.9
2.9
3.1
4.3
4.9

1.9
2.9
3.1
4.3
4.9

1970
1971
1972
1973
1974

3,578.0
3,697.7
3,898.4
4,123.4
4,099.0

3,588.6
3,688.1
3,887.7
4,094.3
4,080.7

3,600.6
3,722.9
3,925.7
4,161.0
4,142.3

.2
3.3
5.4
5.8
-.6

.9
2.8
5.4
5.3
-.3

29.05
30.52
31.81
33.60
36.60

28.37
29.84
31.17
32.99
36.35

29.06
30.52
31.82
33.60
36.62

29.05
30.52
31.82
33.60
36.62

5.3
5.0
4.2
5.6
9.0

5.4
5.2
4.5
5.8
10.2

5.3
5.0
4.3
5.6
9.0

5.3
5.1
4.2
5.6
9.0

1975
1976
1977
1978
1979

4,084.4
4,311.7
4,511.8
4,760.6
4,912.1

4,118.5
4,288.8
4,478.8
4,722.9
4,894.4

4,117.7
4,351.4
4,556.6
4,805.3
4,973.9

-.4
5.6
4.6
5.5
3.2

.9
4.1
4.4
5.5
3.6

40.03
42.29
45.02
48.22
52.24

39.69
41.93
44.80
48.02
52.26

40.03
42.30
45.02
48.23
52.25

40.03
42.31
45.03
48.24
52.26

9.4
5.7
6.4
7.1
8.3

9.2
5.7
6.8
7.2
8.8

9.3
5.7
6.4
7.1
8.3

9.3
5.7
6.4
7.1
8.3

1980
1981
1982
1983
1984

4,900.9
5,021.0
4,919.3
5,132.3
5,505.2

4,928.1
4,989.5
4,954.9
5,154.5
5,427.9

4,962.3
5,075.4
4,973.6
5,184.9
5,553.8

-.2
2.5
-2.0
4.3
7.3

.7
1.2
-.7
4.0
5.3

57.05
62.37
66.26
68.87
71.44

57.79
63.05
66.71
69.05
71.46

57.04
62.37
66.25
68.88
71.44

57.05
62.38
66.26
68.89
71.45

9.2
9.3
6.2
3.9
3.7

10.6
9.1
5.8
3.5
3.5

9.2
9.3
6.2
4.0
3.7

9.2
9.3
6.2
4.0
3.7

1985
1986
1987
1988
1989

5,717.1
5,912.4
6,113.3
6,368.4
6,591.8

5,698.8
5,912.6
6,088.8
6,352.6
6,565.4

5,750.9
5,932.5
6,130.8
6,391.1
6,615.5

3.8
3.4
3.4
4.2
3.5

5.0
3.8
3.0
4.3
3.3

73.69
75.32
77.58
80.22
83.27

73.56
75.22
77.70
80.36
83.45

73.69
75.31
77.58
80.21
83.27

73.70
75.32
77.58
80.22
83.28

3.2
2.2
3.0
3.4
3.8

2.9
2.3
3.3
3.4
3.8

3.2
2.2
3.0
3.4
3.8

3.2
2.2
3.0
3.4
3.8

1990
1991
1992
1993
1994

6,707.9
6,676.4
6,880.0
7,062.6
7,347.7

6,695.6
6,681.5
6,867.7
7,043.8
7,285.8

6,740.0
6,703.4
6,905.8
7,087.8
7,364.3

1.8
-.5
3.0
2.7
4.0

2.0
-.2
2.8
2.6
3.4

86.53
89.66
91.85
94.05
96.01

86.85
89.81
92.03
94.14
96.06

86.51
89.66
91.84
94.05
96.01

86.53
89.67
91.84
94.06
96.02

3.9
3.6
2.4
2.4
2.1

4.1

2.3
2.0

3.9
3.6
2.4
2.4
2.1

3.9
3.6
2.4
2.4
2.1

1995
1996
1997
1998
1999

7,543.8
7,813.2
8,159.5
8,515.7
8,875.8

7,512.2
7,783.2
8,095.2
8,435.2
8,826.9

7,564.0
7,831.2
8,168.1
8,515.1
8,868.3

2.7
3.6
4.4
4.4
4.2

3.1
3.6
4.0
4.2
4.6

98.10
100.00
101.95
103.23
104.77

98.20
100.00
101.64
102.45
104.08

98.10
100.00
101.95
103.22
104.77

98.11
100.00
101.93
103.19
104.73

2.2
1.9
1.9
1.3
1.5

2.2
1.8
1.6
.8
1.6

2.2
1.9
1.9
1.3
1.5

2.2
1.9
1.9
1.2
1.5

1959 I
II
III
IV

2,273.0
2,332.4
2,331.4
2,339.1

2,275.1
2,314.9
2,344.3
2,335.5

2,286.2
2,345.5
2,345.5
2,354.1

8.6
10.9
-.2
1.3

9.1
7.2
5.2
-1.5

21.79
21.84
21.90
21.99

21.33
21.37
21.43
21.52

21.83
21.83
21.88
21.98

21.82
21.83
21.88
21.98

.9
.9
1.2
1.7

1.2
.9
1.1
1.7

.1
.1
.9
1.8

.1
.1
.9
1.8

1960 I
II
III
IV

2,391.0
2,379.2
2,383.6
2,352.9

2,360.4
2,382.7
2,380.0
2,391.1

2,405.4
2,393.9
2,398.9
2,369.3

9.2
-2.0
.7
-5.0

4.3
3.8
-.5
1.9

22.04
22.14
22.23
22.33

21.57
21.66
21.76
21.86

22.08
22.15
22.23
22.30

22.07
22.15
22.23
22.29

.9
1.7
1.8
1.8

.8
1.8
1.8
1.9

1.7
1.4
1.5
1.2

1.8
1.3
1.5
1.1

1961 I
II
III
IV

2,366.5
2,410.8
2,450.4
2,500.4

2,392.9
2,418.3
2,437.7
2,493.2

2,383.7
2,427.1
2,467.2
2,517.5

2.3
7.7
6.8
8.4

.3
4.3
3.2
9.4

22.36
22.40
22.45
22.51

21.88
21.91
21.96
22.01

22.35
22.40
22.46
22.53

22.34
22.39
22.45
22.53

.5
.7
.9
1.0

.4
.5
.9
.9

1.0
.8
1.1
1.4

1.0
.8
1.1
1.4

1962 I
||
III
IV

2,544.0
2,571.5
2,596.8
2,603.3

2,522.5
2,564.6
2,586.2
2,604.6

2,561.0
2,590.3
2,615.7
2,625.1

7.2
4.4
4.0
1.0

4.8
6.8
3.4
2.9

22.64
22.71
22.77
22.84

22.13
22.20
22.26
22.34

22.67
22.71
22.76
22.83

22.67
22.70
22.75
22.83

2.4
1.1
1.1
1.4

2.2
1.3
1.0
1.4

2.5
.6
1.0
1.3

2.5
.6
1.0
1.3

1963 I
II
III
IV

2,634.1
2,668.4
2,719.6
2,739.4

2,619.3
2,663.9
2,712.0
2,739.6

2,654.8
2,688.2
2,739.8
2,760.3

4.8
5.3
7.9
2.9

2.3
7.0
7.4
4.1

22.93
22.95
22.98
23.12

22.42
22.45
22.49
22.63

22.91
22.94
22.98
23.16

22.90
22.93
22.97
23.15

1.4
.3
.6
2.5

1.6
.4
.8
2.6

1.3
.6
.6
3.2

1.3
.6
.6
3.2

1964 I
II
III
IV

2,800.5
2,833.8
2,872.0
2,879.5

2,799.3
2,833.5
2,868.3
2,875.5

2,823.2
2,855.7
2,894.7
2,900.5

9.2
4.8
5.5
1.0

9.0
5.0
5.0
1.0

23.20
23.27
23.39
23.49

22.72
22.79
22.90
22.99

23.22
23.28
23.37
23.49

23.22
23.27
23.37
23.48

1.4
1.2
2.0
1.8

1.5
1.3
1.8
1.7

1.2
.9
1.6
2.0

1.2
.9
1.6
2.0

1965 I
II

III
IV

2,950.1
2,989.9
3,050.7
3,123.6

2,920.2
2,973.2
3,029.4
3,111.4

2,974.0
3,014.6
3,073.6
3,144.5

10.2
5.5
8.4
9.9

6.4
7.4
7.8
11.3

23.60
23.71
23.81
23.97

23.08
23.19
23.30
23.46

23.61
23.71
23.81
23.97

23.60
23.71
23.80
23.97

1.9
1.8
1.8
2.6

1.6
1.8
1.9
2.9

2.1
1.8
1.5
2.8

2.1
1.8
1.5
2.8

1966 I
II
III
IV

3,201.1
3,213.2
3,233.6
3,261.8

3,165.1
3,180.0
3,205.0
3,214.5

3,222.6
3,234.8
3,254.7
3,283.7

10.3
1.5
2.6
3.5

7.1
1.9
3.2
1.2

24.11
24.33
24.57
24.79

23.59
23.81
24.03
24.22

24.13
24.32
24.58
24.79

24.12
24.32
24.58
24.79

2.4
3.8
4.0

2.1
3.8
3.7
3.3

2.6
3.3
4.3

2.6
3.3
4.3
3.5




3.5

3.4
2.5

3.5

D-39

National Data

SURVEY OF CURRENT BUSINESS

January 2001

Table C.1.—Historical Measures of Real Gross Domestic Product, Real Gross National Product, and Real Gross Domestic Purchases—Continued
[Quarterly estimates are seasonally adjusted at annual rates]
Percent change from preceding

Billions of chained (1996) dollars
Year and
quarter

period
Gross domestic
product

Final sales of
domestic
product

1967: I
II
Ill
IV

3,291.8
3,289.7
3,313.5
3,338.3

3,246.9
3,281.5
3,297.4
3,326.9

1968: I
II
Ill
IV

3,406.2
3,464.8
3,489.2
3,504.1

1969: I
II
Ill
IV

Chain-type price indexes

Implicit price deflators

Percent change from preceding period

Implicit pric B deflators
Gross domestic Gross domestic Gross domestic Gross national
Gross domestic Gross domestic Gross domestic Gross national
product
product
product
purchases
product
purchases
product
product
Chain-type price index

Gross national
Gross domestic
product
product

Final sales of
domestic
product

3,313.4
3,310.7
3,336.6
3,360.8

3.7
-.3
2.9
3.0

4.1
4,3
2.0
3.6

24.90
25.06
25.29
25.57

24.32
24.47
24.70
24.96

24.89
25.05
25.31
25.59

24.89
25.04
25.31
25.59

1.9
2.5
3.8
4.4

1.6
2.5
3.8
4.3

1.6
2.5
4.3
4.5

1.6
2.5
4.3
4.5

3,394.2
3,428.5
3,478.1
3,499.5

3,429.2
3,488.3
3,513.4
3,528.1

8.4
7.1
2.8
1.7

8.3
4.1
5.9
2.5

25.86
26.15
26.39
26.76

25.24
25.51
25.77
26.13

25.88
26.14
26.39
26.76

25.87
26.14
26.39
26.76

4.6
4.5
3.8
5.7

4.6
4.2
4.1
5.7

4.5
4.1
3.9
5.7

4.5
4.1
3.9
5.7

3,558.3
3,567.6
3,588.3
3,571.4

3,535.0
3,551.3
3,569.0
3,568.3

3,582.2
3,590.6
3,610.3
3,593.3

6.3
1.0
2.3
-1.9

4.1
1.9
2.0
-.1

27.02
27.39
27.79
28.15

26.37
26.73
27.11
27.46

27.03
27.39
27.79
28.15

27.03
27.38
27.79
28.15

3.9
5.5
6.0
5.3

3.8
5.6
5.8
5.3

4.1
5.3
6.0
5.3

4.1
5.3
6.0
5.3

1970: I
II
Ill
IV

3,566.5
3,573.9
3,605.2
3,566.5

3,578.9
3,573.2
3,605.0
3,597.4

3,589.1
3,597.4
3,628.3
3,587.6

-.6
.8
3.6
-4.2

1.2
-.6
3.6
-.8

28.54
28.94
29.17
29.55

27.85
28.24
28.51
28.89

28.55
28.94
29.18
29.56

28.54
28.94
29.17
29.56

5.6
5.8
3.2
5.3

5.8
5.6
3.9
5.5

5.8
5.7
3.3
5.3

5.8
5.7
3.3
5.3

1971: I
II
Ill
IV

3,666.1
3,686.2
3,714.5
3,723.8

3,643.1
3,667.8
3,698.9
3,742.5

3,691.3
3,712.8
3,738.4
3,749.2

11.6
2.2
3.1
1.0

5.2
2.7
3.4
4.8

30.00
30.40
30.71
30.96

29.31
29.71
30.04
30.30

30.00
30.40
30.71
30.96

30.00
30.40
30.71
30.96

6.1
5.5
4.1
3.3

6.0
5.5
4.6
3.5

6.1
5.4
4.2
3.3

6.1
5.4
4.2
3.3

1972: I
II
Ill
IV

3,796.9
3,883.8
3,922.3
3,990.5

3,802.2
3,862.7
3,897.2
3,988.5

3,823.4
3,910.0
3,950.7
4,018.7

8.1
9.5
4.0
7.1

6.5
6.5
3.6
9.7

31.42
31.61
31.92
32.30

30.76
30.98
31.30
31.67

31.41
31.61
31.92
32.32

31.41
31.61
31.92
32.32

6.1
2.5
4.0
4.8

6.1
2.9
4.2
4.8

5.8
2.6
4.0
5.1

5.8
2.6
4.0
5.1

1973: I
II
Ill
IV

4,092.3
4,133.3
4,117.0
4,151.1

4,075.5
4,094.4
4,100.7
4,106.3

4,125.0
4,168.3
4,158.0
4,192.5

10.6
4.1
-1.6
3.4

9.0
1.9
.6
.5

32.73
33.27
33.90
34.48

32.09
32.69
33.29
33.91

32.71
33.25
33.86
34.58

32.71
33.25
33.86
34.58

5.4
6.8
7.9
7.0

5.4
7.7
7.6
7.6

4.9
6.9
7.5
8.7

4.9
6.9
7.5
8.7

1974: I
II
Ill
IV

4,119.3
4,130.4
4,084.5
4,062.0

4,101.8
4,105.6
4,089.8
4,025.8

4,168.1
4,176.5
4,126.5
4,098.0

-3.0
1.1
-4.4
-2.2

-.4
.4
-1.5
-6.1

35.18
35.97
37.07
38.20

34.80
35.79
36.87
37.93

35.20
36.02
37.09
38.20

35.20
36.02
37.08
38.19

8.4
9.2
12.8
12.7

10.9
11.9
12.7
12.0

7.4
9.6
12.4
12.5

7.4
9.6
12.4
12.5

1975' I
II
Ill
IV

4,010.0
4,045.2
4,115.4
4,167.2

4,054.7
4,099.2
4,135.9
4,184.3

4,040.1
4,075.6
4,148.4
4,206.7

-5.0
3.6
7.1
5.1

2.9
4.5
3.6
4.8

39.08
39.63
40.35
41.05

38.76
39.33
39.99
40.67

39.08
39.63
40.33
41.05

39.08
39.63
40.33
41.05

9.6
5.8
7.5
7.1

9.0
6.0
7.0
6.9

9.6
5.7
7.3
7.3

9.6
5.7
7.3
7.3

1976: I
II
Ill
IV

4,266.1
4,301.5
4,321.9
4,357.4

4,248.8
4,264.1
4,289.7
4,352.4

4,304.2
4,341.2
4,362.0
4,398.4

9.8
3.4
1.9
3.3

6.3
1.4
2.4
6.0

41.49
41.93
42.51
43.25

41.11
41.56
42.18
42.88

41.50
41.92
42.50
43.27

41.50
41.92
42.51
43.28

4.3
4.3
5.6
7.1

4.4
4.5
6.1
6.8

4.5
4.1
5.7
7.4

4.5
4.1
5.7
7.4

1977 I
II
Ill

IV

4,410.5
4,489.8
4,570.6
4,576.1

4,393.8
4,464.0
4,509.7
4,547.5

4,457.6
4,535.9
4,616.4
4,616.6

5.0
7.4
7.4
.5

3.9
6.5
4.2
3.4

43.97
44.69
45.32
46.08

43.68
44.45
45.14
45.92

43.97
44.69
45.23
46.16

43.97
44.71
45.25
46.17

6.9
6.7
5.8
6.9

7.7
7.2
6.4
7.0

6.6
6.8
4.9
8.5

6.6
6.8
4.9
8.4

19781 1
II
Ill
IV

4,588.9
4,765.7
4,811.7
4,876.0

4,552.0
4,730.8
4,774.7
4,834.2

4,636.0
4,804.8
4,854.6
4,925.8

1.1
16.3
3.9
5.5

.4
16.7
3.8
5.1

46.86
47.79
48.64
49.62

46.67
47.60
48.45
49.37

46.86
47.77
48.60
49.59

46.87
47.78
48.61
49.60

6.9
8.2
7.3
8.3

6.8
8.2
7.3
7.8

6.2
8.0
7.1
8.4

6.2
8.0
7.1
8.4

1979: I
II
Ill
IV

4,888.3
4,891.4
4,926.2
4,942.6

4,855.1
4,852.9
4,921.9
4,947.7

4,939.6
4,949.3
4,995.6
5,011.4

1.0
.3
2.9
1.3

1.7
-.2
5.8
2.1

50.58
51.73
52.79
53.86

50.38
51.58
52.89
54.20

50.55
51.71
52.81
53.90

50.56
51.72
52.82
53.90

8.0
9.4
8.5
8.3

8.4
9.9
10.5
10.3

7.9
9.5
8.8
8.5

7.9
9.5
8.8
8.5

1980: I
II
Ill
IV

4,958.9
4,857.8
4,850.3
4,936.6

4,961.4
4,861.6
4,923.9
4,965.2

5,028.8
4,922.5
4,911.3
4,986.3

1.3
-7.9
-.6
7.3

1.1
-7.8
5.2
3.4

55.08
56.35
57.62
59.16

55.73
57.14
58.43
59.89

55.11
56.34
57.60
59.13

55.12
56.35
57.61
59.14

9.4
9.5
9.4
11.1

11.8
10.5
9.3
10.4

9.3
9.2
9.2
11.0

9.3
9.2
9.2
11.1

1981: I
II
Ill
IV

5,032.5
4,997.3
5,056.8
4,997.1

4,985.6
4,995.9
5,003.5
4,972.9

5,086.4
5,048.1
5,110.5
5,056.8

8.0
-2.8
4.9
-4.6

1.7
.8
.6
-2.4

60.67
61.75
62.95
64.10

61.42
62.53
63.56
64.70

60.66
61.76
62.95
64.10

60.67
61.77
62.97
64.11

10.6
7.3
8.0
7.5

10.7
7.4
6.7
7.4

10.8
7.5
8.0
7.5

10.8
7.5
8.0
7.5

1982: I
II .
Ill
IV

4,914.3
4,935.5
4,912.1
4,915.6

4,959.7
4,954.2
4,916.8
4,989.1

4,969.4
4,996.9
4,963.4
4,964.8

-6.5
1.7
-1.9
.3

-1.1
-.4
-3.0
6.0

65.00
65.84
66.75
67.44

65.56
66.29
67.16
67.83

64.99
65.83
66.75
67.45

65.00
65.84
66.76
67.46

5.8
5.3
5.6
4.2

5.4
4.6
5.4
4.0

5.7
5.3
5.7
4.3

5.7
5.2
5.7
4.3

1983: I
II
Ill
IV

4,972.4
5,089.8
5,180.4
5,286.8

5,036.1
5,113.1
5,200.3
5,268.5

5,021.5
5,142.2
5,233.9
5,342.0

4.7
9.8
7.3
8.5

3.8
6.3
7.0
5.4

67.98
68.59
69.17
69.75

68.22
68.80
69.35
69.83

67.95
68.56
69.16
69.77

67.96
68.57
69.18
69.79

3.3
3.6
3.4
3.4

2.3
3.5
3.2
2.8

3.0
3.7
3.6
3.6

3.0
3.7
3.6
3.6

1984: I
II
Ill
IV

5,402.3
5,493.8
5,541.3
5,583.1

5,313.9
5,410.8
5,456.0
5,531.0

5,452.6
5,544.3
5,591.1
5,627.1

9.0
7.0
3.5
3.1

3.5
7.5
3.4
5.6

70.59
71.18
71.74
72.24

70.67
71.25
71.72
72.18

70.59
71.16
71.73
72.24

70.60
71.17
71.74

72.25

4.9
3.4
3.2
2.8

4.9
3.3
2.7
2.5

4.8
3.3
3.2
2.9

4.7
3.3
3.2
2.9

1985: I
II
Ill
IV

5,629.7
5,673.8
5,758.6
5,806.0

5,619.8
5,657.0
5,746.0
5,772.5

5,664.3
5,710.9
5,788.6
5,839.6

3.4
3.2
6.1
3.3

6.6
2.7
6.4
1.9

73.01
73.49
73.88
74.40

72.80
73.32
73.73
74.38

73.00
73.50
73.85
74.39

73.01
73.50
73.86
74.40

4.3
2.7
2.1
2.9

3.5
2.8
2.3
3.6

4.3
2.7
2.0
3.0

4.2
2.8
1.9
3.0

1986: I
II
Ill
IV

5,858.9
5,883.3
5,937.9
5,969.5

5,828.7
5,872.6
5,956.0
5,993.1

5,887.3
5,901.9
5,959.0
5,981.7

3.7
1.7
3.8
2.1

3.9
3.1
5.8
2.5

74.69
75.04
75.51
76.05

74.71
74.85
75.37
75.94

74.68
75.05
75.51
76.01

74.69
75.05
75.51
76.02

1.5
1.9
2.5
2.9

1.8
.7
2.9
3.0

1.5
2.0
2.5
2.7

1.5
2.0
2.5
2.7

1987: I
II
Ill
IV

6,013.3
6,077.2
6,128.1
6,234.4

5,985.4
6,066.8
6,138.7
6,164.1

6,027.6
6,095.8
6,145.8
6,254.1

3.0
4.3
3.4
7.1

-.5
5.6
4.8
1.7

76.73
77.27
77.83
78.46

76.76
77.40
78.01
78.64

76.70
77.27
77.84
78.46

76.71
77.27
77.84
78.46

3.6
2.9
2.9
3.3

4.4
3.4
3.2
3.3

3.7
3.0
3.0
3.2

3.7
3.0
3.0
3.2




D-40

National Data

January 2001

SURVEY OF CURRENT BUSINESS

Table C.1.—Historical Measures of Real Gross Domestic Product, Real Gross National Product, and Real Gross Domestic Purchases—Continued
[Quarterly estimates are seasonally adjusted at annual rates]
Percent change from preceding
period

Billions of chained (1996) dollars
Year and
quarter

Gross domestic
product

Final sales of
domestic
product

1988: I
II
Ill
IV

6,275.9
6,349.8
6,382.3
6,465.2

6,263.0
6,334.0
6,365.9
6,447.5

1989: I
II
Ill
IV

6,543.8
6,579.4
6,610.6
6,633.5

1990:1
II
Ill
IV

Chain-type price indexes

Percent change from preceding period

Implicit price deflators

Implicit price deflators
Gross domestic Gross domestic Gross domestic Gross national
product
product
Gross domestic Gross domestic Gross domestic Gross national
product
purchases
product
product
product
purchases
Chain-type price index

Gross national
Gross domestic
product
product

Final sales of
domestic
product

6,302.0
6,372.8
6,402.0
6,487.4

2.7
4.8
2.1
5.3

6.6
4.6
2.0
5.2

78.99
79.79
80.73
81.36

79.21
80.01
80.75
81.46

78.98
79.79
80.71
81,33

78.99
79.79
80.72
81.34

2.7
4.1
4.8
3.2

2.9
4.1
3.8
3.6

2.7
4.1
4.7
3.1

2.7
4.1
4.7
3.1

6,492.7
6,542.8
6,605.8
6,620.4

6,565.6
6,599.7
6,633.4
6,663.4

5.0
2.2
1.9
1.4

2.8
3.1
3.9
.9

82.20
83.02
83.62
84,24

82.36
83.26
83.74
84.43

82,20
83.01
83.62
84.24

82.20
83.02
83.63
84.25

4.2
4,0
2.9
3.0

4.5
4.4
2.4
3.3

4.3
4.0
2.9
3.0

4,3
4.0
3.0
3.0

6,716.3
6,731.7
6,719.4
6,664.2

6,705.8
6,697.6
6,699.2
6,680.0

6,743.6
6,760.8
6,742.6
6,713.3

5.1
.9
-.7
-3.2

5.3
-.5
.1
-1.1

85.19
86.17
87.00
87.76

85.48
86.27
87.26
88.41

85.18
86.16
86.99
87.74

85.20
86.17
87.00
87.76

4.6
4.7
3.9
3.5

5.1
3.7
4.7
5.3

4.5
4.7
3.9
3.5

4.6
4.6
3.9
3.5

1991:1
II
Ill
IV

6,631.4
6,668,5
6,684.9
6,720.9

6,652.5
6,692.5
6,689.2
6,692.0

6,667.4
6,692.1
6,704.7
6,749.4

-2.0
2.3
1.0
2.2

-1.6
2.4
-.2
.2

88.78
89.41
89.99
90.47

89.09
89.51
90.04
90.60

88.76
89.40
89.99
90.47

88.78
89.41
90.00
90.48

4.7
2.9
2.6
2.2

3.1
1.9
2.4
2.5

4.8
2.9
2.7
2.2

4.7
2,9
2.6
2.2

1992:1
II
Ill
IV

6,783.3
6,846.8
6,899.7
6,990.6

6,788.9
6,827.1
6,882.7
6,972.4

6,811.1
6,873.8
6,923.3
7,015.1

3.8
3.8
3.1
5.4

5.9
2.3
3.3
5.3

91.16
91.68
91.98
92.56

91.25
91.81
92.26
92.81

91.16
91.67
91.97
92.55

91.15
91.67
91.97
92.55

3.1
2.3
1,3
2.5

2.9
2.5
2.0
2.4

3.1
2.3
1.3
2.5

3.0
2.3
1.3
2.5

1993:1
II
Ill
IV

6,988.7
7,031.2
7,062.0
7,168.7

6,953.6
7,008.8
7,057.9
7,154.8

7,020.9
7,056.0
7,092.4
7,182.1

-.1
2.5
1.8
6.2

-1.1
3.2
2.8
5.6

93.33
93.83
94.26
94.79

93.42
93.98
94.32
94.83

93.32
93.82
94.24
94.79

93.32
93.83
94.26
94.81

3,4
2.2
1,8
2.3

2.7
2.4
1.5
2.2

3.4
2.2
1.8
2.4

3.4
2.2
1.8
2.4

1994- I
||
III
IV

7,229.4
7,330.2
7,370.2
7,461.1

7,187.1
7,250.2
7,318.5
7,387.2

7,249.8
7,346.3
7,385.1
7,476.0

3.4
5.7
2.2
5.0

1.8
3.6
3.8
3.8

95.28
95.72
96.29
96.74

95.22
95.74
96.43
96.86

95.28
95.71
96.28
96.74

95.29
95.73
96.29
96.74

2.1
1.8
2.4
1.9

1.7
2.2
2.9
1.8

2.0
1.8
2.4
1.9

2.1
1.8
2.4
1.9

1995:1
II
Ill
IV

7,488.7
7,503.3
7,561.4
7,621.9

7,427.3
7,469.6
7,549.7
7,602.5

7,510.2
7,528.6
7,572.3
7,645.2

1.5
.8
3.1
3.2

2.2
2.3
4.4
2.8

97.45
97.86
98.31
98.79

97.51
98.04
98.42
98.85

97.45
97.86
98.30
98.78

97.45
97.87
98.31
98.79

3.0
1.7
1.8
2.0

2.7
2.2
1.6
1,8

3.0
1.7
1.8
2.0

3.0
1.7
1.8
2.0

1996: I
II
Ill
IV

7,676.4
7,802.9
7,841.9
7,931.3

7,669.6
7,773.4
7,792.1
7,897.6

7,703.1
7,820.4
7,853.5
7,947.9

2.9
6.8
2.0
4.6

3.6
5.5
1.0
5.5

99.40
99.74
100.23
100.63

99.42
99.74
100.16
100.68

99.39
99.74
100.22
100.63

99.39
99.74
100.22
100.63

2.5
1.4
2.0
1.6

2.3
1.3
1.7
2.1

2.5
1.4
1.9
1.7

2.5
1.4
1.9
1.6

1997: I
II
Ill
IV

8,016.4
8,131.9
8,216.6
8,272.9

7,966.4
8,043.2
8,164.9
8,206.3

8,025.1
8,145.6
8,225.1
8,276.9

4.4
5.9
4.2
2.8

3.5
3.9
6.2
2.0

101.36
101,82
102.12
102.49

101.28
101.49
101.74
102.07

101.34
101.82
102.12
102.49

101.33
101.80
102.10
102.46

2.9
1.9
1.2
1.4

2.4
.8
1.0
1.3

2.9
1.9
1.2
1.4

2.8
1.8
1.2
1.4

1998: I
II
Ill
IV

8,404.9
8,465.6
8,537.6
8,654.5

8,289.4
8,402.7
8,463.4
8,585.0

8,412.9
8,471.4
8,526.7
8,649.3

6.5
2.9
3.4
5.6

4.1
5.6
2.9
5.9

102.75
103.04
103.42
103,69

102.08
102.28
102.57
102.87

102.74
103.03
103.41
103.70

102.70
102.99
103.38
103.67

1.0
1.1
1.5
1.1

,1
.8
1.1
1.2

1.0
1.1
1.5
1.1

1.0
1.1
1.5
1.1

1999: I
II
Ill
IV

8,730.0
8,783.2
8,905.8
9,084.1

8,680.3
8,764.9
8,861.8
9,000.5

8,726.0
8,776.7
8,895.4
9,075.0

3.5
2.5
5.7
8.3

4.5
4.0
4.5
6.4

104.25
104.63
104,90
105.31

103.35
103.86
104.30
104.80

104.29
104.65
104.89
105.24

104.25
104.62
104.86
105,19

2.2
1.4
1.1
1.6

1.9
2.0
1.7
1.9

2.3
1.4
,9
1.3

2.3
1.4
.9
1.3

2000: I
II
Ill

9,191.8
9,318.9
9,369.5

9,148.0
9,235.3
9,290.9

9,187.7
9,313.7
9,362.8

4.8
5.6
2.2

6.7
3.9
2.4

106.17
106.80
107.22

105.78
106.33
106.86

106.10
106.73
107.15

106.07
106.70
107,13

3.3
2.4
1.6

3.8
2.1
2.0

3.3
2.4
1.6

3.4
2.4
1.6




D-41

National Data

SURVEY OF CURRENT BUSINESS

January 2001

D. Domestic Perspectives,
This table presents data collected from other government agencies and private organizations, as noted. Quarterly
data are shown in the middle month of the quarter.

Table D.1 —Domestic Perspectives
1999
1998

2000

1999
Oct.

Nov. Dec. Jan.

Feb. Mar.

Apr.

May

June

July

Aug. Sept. Oct.

Nov.

Consumer and producer prices, (monthly data seasonally adjusted)l
Consumer price index for all urban consumers,
1982-84=100:
All items
Less food and energy
Services

163.0
173.4
184.2

166.6
177.0
188.8

168.1
178.4
190.2

168.4
178.7
190.8

168.8
178.9
191.1

169.2
179.3
191.8

170.1
179.6
192.4

171.3
180.4
193.3

171.3
180.8
193.7

171.5
181.1
194.2

172.4
181.4
195.1

172.8
181.8
195.9

172.7
182.1
196.4

173.6
182.6
196.9

173.9
182.9
197.6

174.2
183.4
198.0

Producer price index, 1982=100:
Finished goods
Less food and energy
Finished consumer goods
Capital equipment
Intermediate materials
Crude materials

130.7
143.7
128.9
137.6
123.0
96.8

133.1
146.1
132.1
137.6
123.2
98.2

134.6
147.0
134.0
137.9
124.9
104.2

134.7
146.9
134.2
137.8
125.2
109.6

134.9
147.0
134.4
138.0
125.6
104.2

135.0
146.7
134.5
138.2
126.2
106.9

136.5
147.2
136.4
138.2
127.3
111.1

137.5
147.3
137.7
138.3
128.5
113.5

137.0
147.4
137.0
138.4
128.4
111.8

137.1
147.8
137.1
138.7
128.3
115.1

138.3
147.8
138.7
138.7
129.4
124.8

138.4
147.9
138.6
138.9
129.9
121.8

137.8
148.0
137.9
139.0
129.4
118.1

139.0
148.5
139.4
139.3
130.3
124.4

139.5
148.4
140.1
139.3
130.6
128.6

139.7
148.4
140.3
139.3
130.4
126.0

-0.83
-.03

-0.11
.33

0.02
,30

-0.31
.63

-0.44
.75

0.38

-0.89
.23

Money, interest rates, and stock prices

Money stock (monthly and
quarterly data
seasonally adjusted):2
Percent change:
M1
M2
Ratio:
Gross domestic product to M1
Personal income to M2
Interest rates (percent, not seasonally adjusted): 2
Federal funds rate
Discount rate on new 91-day Treasury bills

Yield on new high-grade corporate bonds
10-Year U.S. Treasury bonds
Yield on municipal bonds, 20-bond average
Mortgage commitment rate
Average prime rate charged by banks
Index of stock prices (not seasonally adjusted): 3
500 common stocks, 1941-43=10

0.48
.39

0.74
.44

1.21
.63

-0.37
.54

-1.29
.28

0.53
.81

0.42

8.134
1.757

8.435
1.721

1.729

8.602
1.729

1.722

1.726

8.776
1.73

1.729

1.724

8.971
1.73

1.733

1.732

9.118
1.727

1.734

1.725

1.727

5.35
4.81
6.44
5.26
5.09
6.94
8.35

4.97
4.66
7.00
5.65
5.43
7.43
8.00

5.20
4.88
7.51
6.11
5.92
7.85
8.25

5.42
5.07
7.35
6.03
5.86
7.74
8.37

5.30
5.23
7.55
6.28
5.95
7.91
8.50

5.45
5.34
7.83
6.66
6.08
8.21
8.50

5.73
5.57
7.59
6.52
6.00
8.33
8.73

5.85
5.72
7.54
6.26
5.83
8.24
8.83

6.02
5.67
7.49
5.99
5.75
8.15
9.00

6.27
5.92
7.85
6.44
6.00
8.52
9.24

6.53
5.74
7.75
6.10
5.80
8.29
9.50

6.54
5.93
7.66
6.05
5.63
8.15
9.50

6.50
6.11
7.47
5.83
5.51
8.03
9.50

6.52
5.99
7.50
5.80
5.56
7.91
9.50

6.51
6.10
7.50
5.74
5.59
7.80
9.50

6.51
6.18
7.41
5.72
5.54
7.75
9.50

1,084.31 1,326.06 1,300.01 1,391.00 1,428.68 1,425.59 1,388.87 1,442.21 1,461.36 1,418.48 1,461.96 1,473.00 1,485.46 1,468.05 1,390.14 1,375.04

Labor markets (thousands, monthly and quarterly data seasonally adjusted, unless otherwise noted)1
Civilian labor force
Labor force participation rates (percent):
Males 20 and over
Females 20 and over
16—19 years of age
Civilian employment
Ratio, civilian employment to working-age
population (percent)
Persons engaged in nonagricultural activities ...
Employees on nonagricultural payrolls
Goods-producing industries
Services-producing industries
Average weekly hours, manufacturing (hours) ..
Average weekly overtime hours, manufacturing
(hours)
Number of persons unemployed
Unemployment rates (percent):
Total
15 weeks and over
Average duration of unemployment (weeks)
Nonfarm business sector, 1992=100:
Output per hour of all persons
Unit labor costs
Hourly compensation
See footnotes at the end of the table.




137,673 139,368 139,697 139,834 140,108 140,910 141,165 140,867 141,230 140,489 140,762 140,399 140,742 140,639 140,918
76.8
60.4
52.8
131,463

76.7
76.5
77.0
76.6
77.2
76.5
76.9
60.7
61.2
60.7
60.7
61.2
61.2
60.7
52.0
52.1
52.1
52.1
51.7
52.3
52.4
133,488 133,940 134,098 134,420 135,221 135,362 135,159

64.1
128,085
125,865
25,414
100,451
41.7

64.3
130,207
128,786
25,482
103,304
41.7

64.2
130,702
129,523
25,483
104,040
41.8

64.3
130,788
129,788
25,527
104,261
41.7

64.4
131,141
130,038
25,561
104,477
41.7

64.8
131,850
130,387
25,677
104,710
41.7
4.6

4.6

4.6

4.7

4.7

4.7

6,210

5,880

5,757

5,736

5,688

4.5
1.2
14.5

4.2
1.1
13.4

4.1
1.0
13.2

4.1
1.0
13.0

4.1
1.0
12.8

110.2
107.7
118.6

113.4
109.7
124.4

115.8
109.3
126.5

4.0
1.0
13.2

64.8
131,954
130,482
25,624
104,858
41.8

64.7
131,801
131,009
25,738
105,271
41.7

141,052

76.4
61.0
51.6
134,715

76.4
76.3
76.6
61.0
60.8
60.5
52.9
51.3
52.7
135,179 134,749 134,912

76.5
76.4
76.5
60.6
60.6
60.6
52.4
51.6
52.1
135,161 135,422 135,373

64.3
131,417
131,590
25,684
105,906
41.4
42.2

64.5
64.2
64.3
131,858 131,450 131,569
131,647 131,607 131,528
25,700 25,756 25,644
105,947 105,851 105,884
41.7
41.4
41.6

64.3
131,821
131,723
25,639
106,084
41.3

76.7
61.4
53.1
135,706
64.9
132,351
131,419
25,725
105,694

64.4
132,188
131,800
25,660
106,140
41.4

64.3
132,219
131,894
25,656
106,238
41.1

4.7

4.6

4.9

4.5

4.6

4.5

4.4

4.5

4.3

5,804

5,708

5,524

5,774

5,583

5,650

5,829

5,477

5,496

5,679

4.1
0.9
12.5

4.1
0.9
12.8

3.9
0.9
12.4

4.1
1.0
12.6

4.0
0.9
12.4

4.0
0.9
13.3

4.1
1.0
13.0

3.9
0.9
11.9

3.9
0.9
12.4

4.0
0.9
12.4

116.3
109.8
127.8

118.1
109.7
129.6

119.1
110.5
131.6

D-42

National Data

SURVEY OF CURRENT BUSINESS

January 2001

Table D.1.—Domestic Perspectives—Continued
1999
1998

2000

1999
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

July

June

Construction (monthly data seasonally adjusted at annual rates)

Aug.

Sept.

Oct.

Nov.

4

Total new private construction put in
place (billions of dollars)
Residential
Nonresidential

552.2
314.6
190.7

591.6
348.8
195.8

584.9
350.0
191.5

596.9
353.9
197.4

605.8
358.2
199.7

614.6
365.1
202.5

629.6
368.7
215.5

637.7
372.1
218.0

629.5
368.9
214.6

629.8
367.7
215.6

624.4
363.8
213.6

619.0
355.2
216.0

616.9
350.8
219.5

625.3
351.7
222.7

632.9
359.1
224.7

632.2
353.8
227.5

Housing starts (thousands of units):
Total
1-unit structures

1,617
1,271

1,667
1,335

1,636
1,343

1,663
1,344

1,769
1,441

1,744
1,361

1,822
1,324

1,630
1,327

1,652
1,310

1,591
1,258

1,571
1,227

1,527
1,201

1,519
1,229

1,537
1,226

1,528
1,225

1,562
1,220

907

906

895

916

927

905

947

865

875

827

914

852

953

928

New 1-family houses sold
(thousands of units)

Manufacturing and trade, inventories and sales (millions of dollars, monthly data seasonally adjusted)
Inventories:
Total manufacturing and trade
Manufacturing
Merchant wholesalers
Retail trade

1,085,669 1,136,555
456,330 460,048
291,478
309,445
337,861
367,062

Sales:
Total manufacturing and trade
Manufacturing
Merchant wholesalers
Retail trade

9,352,958 9,994,284
4,052,248 4,259,532
2,555,117 2,742,482
2,745,593 2,994,929

1,134,723 1,144,815 1,150,554 1,156,942 1,162,448 1,165,746 1,171,965
467,522 469,836 470,377 472,706 475,999 475,887 477,868
303,955 306,900 307,925 310,368 312,230 314,206 317,164
363,246 368,079 372,252 373,868 374,219 375,653 376,933
850,844
360,201
235,776
254,867

861,000
364,971
238,540
257,489

871,172
367,872
241,672
261,628

877,271
370,565
243,213
263,493

881,157
370,865
243,128
267,164

891,597
377,562
245,678
268,357

886,555
373,079
246,357
267,119

4

1,182,162 1,192,224 1,197,112 1,205,636 1,207,688 1,215,282
479,362 482,041 486,303 487,644 488,884 491,857
320,188 323,252 324,313 326,195 326,352 327,416
382,612 386,931 386,496 391,797 392,452 396,009
895,965
381,157
247,391
267,417

902,798
384,208
250,154
268,436

897,634
377,584
249,405
270,645

901,289
380,780
249,960
270,549

903,881
380,025
251,142
272,714

901,646
377,720
251,129
272,797

Industrial production indexes and capacity utilization rates (monthly data seasonally adjusted) 2
Industrial production indexes,
1992=100:
Total
By industry:
Durable manufactures
Nondurable manufactures .
By market category:
Consumer goods
Capacity utilization rates (percent):
Total industry
Manufacturing

134.0

139.6

141.5

141.9

142.8

143.6

144.3

145.2

146.3

147.2

147.9

147.6

148.6

149.1

148.9 148.6

162.3
114.4

175.6
115.4

180.2
115.7

181.0
116.3

182.6
116.5

185.1
116.0

186.3
116.3

188.9
116.6

191.0
116.7

193.0
116.7

194.6
116.7

194.7
116.3

196.9
116.3

198.3
116.2

197.7 196.9
116.6 115.9

118.4

120.8

122.1

121.5

122.4

122.1

122.8

122.2

123.2

123.5

124.2

122.9

123.8

124.1

123.0 123.2

82.1
81.3

81.2
80.5

81.5
80.8

81.5
80.9

81.7
81.0

81.9
81.2

82.0
81.2

82.2
81.6

82.5
81.8

82.7
81.9

82.7
82.0

82.3
81.6

82.6
81.7

82.5
81.7

Credit market borrowing (billions of dollars, quarterly data seasonally adjusted at annual rates) 2
All sectors, by instrument:
Total
Open market paper
U.S. government securities ..,
Municipal securities
Corporate and foreign bonds
Bank loans, n.e.c
Other loans and advances ...
Mortgages
Consumer credit
Sources:
1. Bureau of Labor Statistics
2. Federal Reserve Board




2,160.1
193.1
418.3
96.8
550.4
145.0
158.5
530.3
67.6

2,233.6
229.9
520.8
68.2
465.9
68.9
172.6
612.9

94.4

2,175.8
556.6
518.9
52.5
131.5
55.2
147.3
604.3
109.5

1,676.0
223.7
33.6
8.9
398.4
147.7
225.7
496.0
142.0
3. Standard and Poor's, Inc.
4. Bureau of the Census
n.e.c. Not elsewhere classified

1,764.4
205.1
-43.5
34.0
355.0
174.2
229.4
675.6
134.6

1,535.5
133.6
285.4
29.8
397.7
43.1
-46.2
571.7
120.4

82.1
81.4

81.6
80.6

D-44

• National Data

SURVEY OF CURRENT BUSINESS

January 2001

OF FEDERAL GOVERNMENT REC
Personal tax and nontax

Contributions for social hsurance

Indirect biahess taxes

mm

OF FEDERAL GOVERNMENT C U R R § t EXPENDITURES




Consumption expenditures
Grants to State and local govarnmenis

NT SURPLUS/DEFICIT ( N B TO GROSS M E S T I C PRODUCT

National Data •

SURVEY OF CURRENT BUSINESS

January 2001

RATK&&AVING TO GROSS NATIONAL PRODUCT

Gross government savfrig

R A m INVESTMENT TO GROSS NATIONAL PRODUCT

Gross private domestic investment

Gross government investment

Net foreign investment

OF GROSS PRIVATE DOMESTIC FIXE) INVESTMENT^




Equipment and software, non residential

Residential investment

Structures, nonresidential

D-45

D-46

• National Data

SURVEY OF CURRENT BUSINESS

January 2001

SELECTED NIPA SERIES
SHARES OF NATIONAL INCOME

1999

Wage and salary
accruals, 63.1%

Net interest, 6.8%
Corporate profits
with IVA and CCAdj, 13.0%
Corporate profits
with IVA and CCAdj, 11.5%
Supplements to
wages and salaries, 5.2%

Rental income of persons
Proprietors' income
with CCAdj, 1.9%
with IVA and CCAdj, 8.9%

Proprietors' income
with IVA and CCAdj, 12.6%

SHARES OF GROSS DOMESTIC PRODUCT BY SECTOR

1959

1999
Business 84.7%

Business, 86.1%

General
government, 11.5%

General
government, 11.0%

Households and
institutions, 4.3%

SHARES OF GROSS DOMESTIC PURCHASES

Personal
consumption
expenditures, 62.5%




1959

Personal
consumption
expenditures, 65.6%

Government consumption
expenditures and gross
investment, 17.1%

Government consumption
expenditures and gross
investment, 22.1%
Presidential
investment, 9.9%

Residential investment, 5.5%

1999

Nonresidential
investment 13.1%

Residential investment, 4.2%

^^^I^^^^Mi

January 2001

SURVEY OF CURRENT BUSINESS

SELECTED NIPA SERIES
SHAfiES OF GROSS DOMESTIC PRODUCT BVTYPE OF PROB|igT

SHAHS OF PERSONAL CONSUMPTION EX^SDITURES B Y H K OF PRODUCT




National Data •

D-47

D-48

• National Data

SURVEY OF CURRENT BUSINESS

January 2001

MARGIN, DOMESTIC NONFI

profits per unit to cost and profit per unit

/SALES RATIOS, CURRENT-DO
Nonfarm inventories to
final sate* of goods and structures

Invetfones
final sales of domestic business

it
Nonfar|||wentories to
final s A of domestic business
"Based on culit-dollar estimates of inventories and sales

/SALES RATIOS, REAL*




inventories to
U l l e s of goods and structures

Inv^bries to
final sales of domestic business

inventories to
les of domestic business

'Based on chained (19flfi) dollar estimates of inventories and sales

mm
mm

National Data •

SURVEY OF CURRENT BUSINESS

January 2001

CONSUMER FftlCgfjDEX (PERCENT CHAN

i

i

jffltems less food and energy

inished goods lessfcod and energy

INDUSTRIAL ^ODyETION INDEX, 1992=100




f l CAPACITY U T I I Z / W N RATE

AVERAGE W 9 K H E R T I M E HOURS, MANl)ff\CTURING

D-49

D-50

• National Data




SURVEY OF CURRENT BUSINESS

mmmmmm.

January 2001

International Data •

SURVEY OF CURRENT BUSINESS

January 2001

D-63

Table H.1.—International Perspectives—Continued
1999
1998

2000

1999
Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Short-term, 3-month, interest rates (percent, not seasonally adjusted)
Canada
Euro zone
japan ,
Mexico
United Kingdom

4.98
3.83
72
26.11
7.33

4.83
2.97
25
22.38
5.45

4.68
2.73
12
21.34
5.32

4.76
3.38
28
20.30
5.94

4.86
3.47
34
18.68
5.78

5.12
3.44
26
17.65
5.96

5.04
3.34
12
17.43
6.05

5.07
3.54
10
16.44
6.15

5.35
3.75

5.39
3.93

5.84
4.35

5.83
4.50

5.79
4.58

5.81
4.78

5.79
4,85

5.83
5.04

14.46
6.15

14.37
6.20

15.58
6.23

16.61
6.13

14.62
6.11

15.71
6.13

16.15
6.12

17.06
6.08

Addendum:
United States

4.81

4.66

4.73

4.88

5.07

5.23

5.34

5.57

5.72

5.67

5.92

5.74

5.93

6.11

5.99

6.10

Long-term interest rates , government bond yields (percent, not seasc nally adj jsted)
Canada
Euro zone
France
Germany
Italy
Japan
United Kingdom

5.45
4.70
4.82
4.60
4.88
1.54
5.52

5.68
4.66
4.94
4.50
4.73
1.75
5.08

5.88
5.24
5.35
5.00
5.28
1.76
5.65

6.26
5.47
5.67
5.30
5.52
1.69
5.83

6.15
5.18
5.66
5.00
5.25
1.82
5.28

6.22
5.30
5.81
5.20
5.36
1.77
5.38

6.48
5.70
6.11
5.50
5.75
1.69
5.82

6.19
5.66
5.96
5.50
5.73
1.80
5.62

5.93
5.49
5.73
5.30
5.58
1.80
5.36

5.90
5.41
5.84
5.20
5.47
1.70
5.30

6.10
5.52
5.92
5.40
5.67
1.70
5.40

5.89
5.35
5.94
5.20
5.51
1.70
5.20

5.84
5.45
6.00
5.20
5.59
1.70
5.20

5.77
5.40
6.04
5.30
5.56
1.80
5.29

5.81
5.47
5.93
5.20
5.63
1.90
5.34

5.79
5.42
5.92

Addendum:
United States

5.26

5.65

5.92

6.11

6.03

6.28

6.66

6.52

6.26

5.99

6.44

6.10

6.05

5.83

5.80

5.74

5.58
5.19

Share price indices (not seasonally adjusted, 995=100}
Canada
France
Germany
rtaly
Japan
Mexico
United Kingdom
Addendum:
United States

.

152.4
192.2
197.7
221.0
85.0
191.1
150.5

159.2
234.6
204.9
246.0
100.0
240.3
168.4

156.9
242.3
203.2
243.0
108.0
227.6
166.7

163.7
243.0
202.7
235.0
110.0
245.6
164.3

169.7
264.9
218.1
241.0
117.0
276.5
175.0

189.8
289.3
234.8
271.0
119.0
321.3
185.1

191.3
295.1
253.6
283.0
120.0
296.7
183.7

205.9
316.7
279.6
320.0
124.0
332.0
178.2

213.4
329.7
293.8
337.0

210.8
318.2
272.9
309.0

208.7
324.2
265.8
316.0

229.9
333.4
266.0
321.0

234.7
332.6
262.9
328.0

253.7
336.5
261.8
325.0

234.1
336.5
256.6
327.0

217.4
316.5
242.6
317.0

336.7
189.8

299.2
178.7

268.6
175.2

313.1
182.1

293.5
182.3

300.3
180.7

285.4
179.2

288.1
172.5

189.0

213.0

209.0

206.0

218.0

219.0

218.0

208.0

214.0

222.0

220.0

223.0

224.0

229.0

233.0

222.0

1. All exchange rates are from the Board of Governors of the Federal Reserve System.
2. Rates lor selected euro-area currencies can be derived by using the following conversion rates: 1 euro =
6.55957 French francs, 1.95583 German marks, and 1936.27 Italian lire.
3. The rate shown for the United States is an index of the weighted average of the foreign exchange value
of the U.S. dollar against the currencies of a broad group of major U.S. trading partners, January 1997=100 and
refects revised trade weights. For more information on the exchange rate indexes, see "New Summary Measures




of the Foreign Exchange Value of the Dollar," Federal Reserve Bulletin, vol. 84 (October 1998), pp. 811-18.
NOTE.—U.S. interest rates, unemployment rates, and GDP growth rates are from the Federal Reserve, the Bureau
of Labor Statistics, and BEA, respectively. GDP growth rates for other countries are calculated from levels published
by those countries. Most other data (including U.S. consumer prices and U.S. share prices, both of which have
been rebased to 1995 to facilitate comparison) are © OECD and are reproduced with permission.

International Data • D—51

SURVEY OF CURRENT BUSINESS

January 2001

International Data
F. Transactions Tables
Table F.I includes the most recent estimates of U.S. international trade in goods and services; the estimates were
released on December 19, 2000 and include "preliminary" estimates for October 2000 and "revised" estimates for
April-September 2000. The sources for the other tables in this section are as noted.
Table F.1.—U.S. International Transactions in Goods and Services
[Millions of dollars; monthly estimates seasonally adjusted]
1999
Sept.

Exports of goods and services ....
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
Adjustments1
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

Oct.

2000
Nov.

Dec.

Feb.

81,857

82,349

83,198

84,107

83,691

59,094
4,130

59,682
3,748
13,717
26,379
6,397
6,915
2,789
-263

61,211
3,846
13,559
27,784
6,596
7,193
3,124
-891

60,321
3,951
13,283
27,428

3,056
-1,147

59,193
3,992
13,183
26,793
6,391
6,790
2,894
-850

271,884
74,881
19,776
27,033
36,467
96,508
16,334
885

22,763
6,347
1,752
2,240
3,027
8,108
1,208
81

23,156
6,577
1,672
2,355
3,035
8,228
1,213
76

23,516
6,731
1,693
2,398
3,034
8,412
1,175
73

22,896
6,174
1,590
2,344
3,038
8,478
1,201
71

23,370
6,616
1,456
2,334
3,092
8,612
1,191

1,099,875 1,221,213

932,977

956,242

670,324
148,266
299,612
73,157
79,261
35,444
-11,813

262,653
71,286
20,098
25,604
36,197
90,914
17,628

45,532
147,000
311,406
75,756
80,768
35,336
-11,439

26,702

3,003

Apr.'

May

July.

Aug. r

Sept.'

Oct.*

91,288

89,655

92,868

92,654

91,231

14,278
31,124
7,033
7,753
3,170
-889

65,096
4,084
13,987
30,661
6,455
7,556
2,895
-541

67,973
4,279
14,843
31,813
7,134
7,691
2,974
-761

67,836
4,155
15,300
31,684
6,629
7,670
2,980
-582

66,431
4,016
15,098
31,169
6,695
7,312
2,967
-827

June.'

85,312

86,975

87,606

87,074

3,865
13,862
26,972
6,549
7,374
3,380
-1,108

62,513
3,953
14,649
27,176
6,901
7,422
2,989
-576

62,566
3,851
13,728
29,056
6,417
7,214
2,842
-542

62,749
3,977
13,749
29,055
6,568
7,165
2,932

24,418
6,998
1,851
2,384
3,117
8,820
1,180

24,462
6,817
1,755
2,534
3,144
8,942
1,203
67

25,040
7,394
1,822
2,454
3,197
8,875
1,228
70

24,325
6,916
1,762
2,462
3,201
8,710
1,203
71

24,820
7,053
1,803
2,518
3,186
8,920
1,268
72

24,559
7,047
1,760
2,504
3,134
8,762
1,279
73

24,895
7,177
1,840
2,563
3,113
8,878
1,251
73

24,818
7,343
1,875
2,529
3,102
8,705
1,190
74

24,800
7,215
1,852
2,516
3,121
8,785
1,239
72

105,904

107,259

108,909

109,764

110,957

112,793

117,345

116,777

116,678

121,114

121,479

122,927

126,395

124,415

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
Adjustments1

917,178 1,029,917
43,579
41,243
222,024
200,140
269,557
297,112
149,054
179,393
216,515
43,046
35,387
5,299
5,281

20,349
25,104
15,543
20,312
3,715
953

90,769
3,628
20,651
25,860
15,357
20,893
3,865
514

92,082
3,747
20,816
26,230
15,523
21,130
3,717
922

93,466
3,768
21,274
26,592
16,119
21,202
3,758
753

94,370
3,648
21,831
26,547
16,364
21,405
3,882

95,535
3,668
23,560
26,772
15,595
21,179
3,901

99,661
3,827
24,579
27,749
16,372
22,536
3,924
674

99,460
3,769
23,382
28,669
16,501
22,937
3,951
251

99,224
3,802
23,925
28,812
15,620
23,030
3,769
265

103,330
3,836
25,430
29,644
16,741
23,129
4,147
403

103,620
3,930
25,801
29,553
17,000
23,067
4,096
173

104,657
3,966
25,095
30,769
16,918
23,283
4,300
325

107,165
3,928
26,515
31,529
16,726
23,666
4,162
618

105,919
3,817
25,973
31,063
16,666
23,757
4,033
611

Services .
Travel .

182,697
56,509
19,971
30,363
11,713
49,051
12,241
2,849

191,296
59,351
21,405
34,137
13,275
46,657
13,650
2,821

16,237
4,920
1,788
3,047
1,127
3,895
1,205
255

16,490
5,175
1,874
2,990
1,194
3,890
1,134
233

16,827
5,236
1,898
3,142
1,221
3,986
1,115
229

16,298
4,863
1,796
3,082
1,241
3,979
1,109
228

16,587
5,004
1,779
3,076
1,198
4,185
1,108
237

17,258
5,302
1,947
3,217
1,194
4,253
1,107

17,684
5,531
2,051
3,289
1,198
4,269
1,107
239

17,317
5,313
1,957
3,218
1,208
4,248
1,136
237

17,454
5,242
1,957
3,341
1,219
4,312
1,145

17,784
5,489
2,030
3,341
1,234
4,301
1,150

17,859
5,404
2,011
3,402
1,268
4,382
1,152
240

18,270
5,547
2,086
3,529
1,283
4,432
1,151
242

19,230
5,753
2,106
3,530
1,961
4,491
1,147
242

18,496
5,654
2,069
3,573
1,342
4,479
1,142
237

Imports of goods and services

Other transportation .
Other private services
Direct defense expenditures2
U.S. Government miscellaneous services .
Memoranda:
Balance on goods
Balance on services
Balance on goods and services

-36,474 -36,862 -38,523 -36,684
-246,853 -345,559 -30,573 -31,576 -32,401 -32,255 -34,049 -34,641 -37,148
6,871
6,304
5,588
6,625
6,700
7,036
7,723
6,778
7,160
6,783
6,598
6,689
6,666
6,526
80,588
79,956
-166,897 -264,971 -24,047 -24,910 -25,712 -25,657 -27,266 -27,481 -30,370 -29,172 -29,603 -29,826 -31,823 -30,059 -33,740 -33,184

p Preliminary.
1. Reflects adjustments necessary to bring the Census Bureau's component data in line with the concepts and
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

D-52

International Data

SURVEY OF CURRENT BUSINESS

January 2001

Table F-2.—U.S. International Transactions
[Millions of dollars]
Not seasonally adjusted
(Credits +; debits - ) '

Line

IV

III

Seasonally adjusted

I

IV

III

III*

II'

2000

1999

2000

1999

1999

I

III"

IK

Current account
1
2

1,232,407

310,234

329,184

335,995

353,294

358,652

313,084

324,612

336,854

353,622

361,467

956,242

239,133

254,892

254,449

265,506

272,007

241,969

249,653

255,977

265,969

274,657

684,358

185,724

184,593

193,191

180,085

183,728

191,783

200,385

69,168
3,589

69,856
3,574

72,315
3,699

192,913
79,094
3,720

173,881

271,884
16,334

166,831
72,302
3,944

68,088
3,944

69,568
3,589

72,249
3,574

74,186
3,699

74,272
3,720

Travel
Passenger fares
Other transportation

74,881
19,776
27,033

21,908
5,760
7,079

18,620
4,794
7,056

17,783
4,697
6,920

21,365
5,231
7,440

25,299
6,200
7,975

18,695
5,105
6,728

19,482
4,955
7,097

20,431
5,062
7,252

21,363
5,387
7,434

21,567
5,475
7,596

Royalties and license fees s
Other private servicess
U.S. Government miscellaneous services

36,467
96,508
885

9,007
24,365
239

9,710
25,179
220

9,088
27,590
204

9,278
25,089
213

9,238
26,442
220

9,106
24,271
239

9,107
25,118
220

9,353
26,373
204

9,584
26,506
213

9,349
26,345
220

276,165
273,957
118,802
151,958
3,197
2,208

71,101
70,542
31,246
38,449
847
559

74,292
73,726
31,044
41,970
712
566

81,546
80,971
34,734
45,091
1,146
575

87,788
87,205
38,252
47,938
1,015
583

86,645
86,056
37,066
48,050
940
589

71,115
70,556
31,361
38,449
746
559

74,959
74,393
31,691
41,970
732
566

80,877
80,302
34,116
45,091
1,095
575

87,653
87,070
37,898
47,938
1,234
583

86,810
86,221
37,340
48,050
831
589

-1,515,861

-397,633

-409,741

-416,801

-447,191

-468,578

-391,337

-406,575

-426,335

-446,323

-462,488

-1,221,213

-320,955

-329,276

-332,009

-354,899

-325,933

-341,094

-354,567

-371,160

-268,507

-281,526

-284,485

-300,624

-377,275
-317,524

-314,687

-1,029,917

-266,199

-276,318

-289,566

-302,014

-315,801

-191,296
-13,650

-52,448
-3,626

-47,750
-3,358

-47,524
-3,322

-54,275
-3,431

-59,751
-3,450

-48,488
-3,626

-49,615
-3,358

-51,528
-3,322

-52,553
-3,431

-55,359
-3,450

Exports of goods and services and income receipts
Exports of goods and services

3

Goods, balance of payments basis 2

4
5

Services ^
Transfers under U S military agency sales contracts4

6
7
8
9
10
11
12
13
14
15
16
17
18
19

Income receipts
Income receipts on U S -owned assets abroad
Direct investment receipts
Other private receipts
U.S. Government receipts
Compensation of employees
Imports of goods and services and income payments
Imports of goods and services

20

Goods, balance of payments basis2

21
22

Services3
Direct defense expenditures

23
24
25

Travel
Passenger fares
Other transportation

-59,351
-21,405
-34,137

-18,017
-5,964
-9,185

-13,147
-5,015
-9,241

-13,313
-5,258
-9,227

-17,404
-6,381
-9,957

-20,198
-6,909
-10,743

-14,799
-5,348
-8,953

-15,274
-5,568
-9,214

-15,837
-5,777
-9,582

-16,044
-5,944
-9,900

-16,704
-6,203
-10,461

26
27
28

Royalties and license fees *•
Other private services5
U.S. Government miscellaneous services

-13,275
-46,657
-2,821

-3,223
-11,667
-766

-3,881
-12,418
-690

-3,528
-12,162
-714

-3,591
-12,797
-714

-4,411
-13,316
-724

-3,314
-11,682
-766

-3,656
-11,855
-690

-3,590
-12,706
-714

-3,661
-12,859
-714

-4,512
-13,305
-724

-294,648
-287,059
-56,098
-135,830
-95,131
-7,589

-76,678
-74,696
-15,607
-34,942
-24,147
-1,982

-80,465
-78,404
-15,108
-38,136
-25,160
-2,061

-84,792
-82,964
-16,723
-40,167
-26,074
-1,828

-92,292
-90,412
-19,519
-43,992
-26,901
-1,880

-91,303
-89,297
-15,686
-46,242
-27,369
-2,006

-76,650
-74,749
-15,660
-34,942
-24,147
-1,901

-80,642
-78,712
-15,416
-38,136
-25,160
-1,930

-85,241
-83,289
-17,048
-40,167
-26,074
-1,952

-91,756
-89,776
-18,883
-43,992
-26,901
-1,980

-91,328
-89,393
-15,782
-46,242
-27,369
-1,935

-48,025
-13,774
-4,401
-29,850

-11,355
-2,847
-1,010
-7,498

-14,690
-5,256
-1,641
-7,793

-12,249
-2,912
-1,087
-8,250

-11,874
-3,232
-912
-7,730

-12,832
-3,581
-1,024
-8,227

-11,396
-2,847
-1,080
-7,469

-14,260
-5,256
-1,181
-7,823

-12,024
-2,912
-1,114
-7,998

-12,270
-3,232
-1,125
-7,913

-12,752
-3,581
-1,129
-8,042

29
30
31
32
33
34
35
36
37
38

Income payments
Income payments on foreign-owned assets in the United States
Direct investment payments
Other private payments
U.S. Government payments
Compensation of employees
Unilateral current transfers, net
U.S. Government grants4
U.S. Government pensions and other transfers
Private remittances and other transfers6
Capital and financial account
Capital account

39

Capital account transactions, net

-3,500

171

-3,993

166

170

165

171

-3,993

166

170

165

-430,187
8,747

-124,257

-108,555

-181,783

-94,922

-78,677

-122,909

-114,882

-178,958

-92,424

-77,204

1,951

1,569

-554

2,020

-346

1,951

1,569

-554

2,020

-346

10
5,484
3,253

-184
2,268
-133

-178
1,800
-53

-180
-237
-137

-180
2,328
-128

-182
1,300
-1,464

-184
2,268
-133

-178
1,800
-53

-180
-237
-137

-180
2,328
-128

-182
1,300
-1,464

2,751
-6,175
9,560
-634

-686
-1,595
1,026
-117

-131
-1,750
1,328
291

-124,174
-43,552
-41,420
-27,943
-11,259

3,711
-1,099
5,093
-283
-120,162
-33,280
-17,150
-24,428
-45,304

-131
-1,750
1,328
291
-178,273
-42,963
-27,236
-52,563
-55,511

183,002

-181,098
-45,788
-27,236
-52,563
-55,511
236,634

110
-1,052
1,263
-101
-78,441
-37,561
-30,428
931
-11,383
200,936

194,210

184,567

236,535

-574
-1,235
720
-59
-93,870
-37,487
-38,196
-36,507
18,320
245,149

110
-1,052
1,263
-101

-125,522
-44,900
-41,420
-27,943
-11,259
194,924

-574
-1,235
720
-59
-96,368
-39,985
-38,196
-36,507
18,320
245,932

-686
-1,595
1,026
-117

-441,685
-150,901
-128,594
-92,328
-69,862
753,564

3,711
-1,099
5,093
-283
-113,835
-26,953
-17,150
-24,428
-45,304

42,864
32,527
12,177
20,350
-3,255
12,692
900

12,191
14,798
12,963
1,835
-760
-2,032
185

27,495
11,852
5,122
6,730
89
14,427
1,127

22,015
24,305
16,198
8,107
-644
-2,577
931

6,346
6,334
-4,000
10,334
-781
-111
904

11,625
5,271
-9,001
14,272
-620
6,339
635

12,191
14,798
12,963
1,835
-760
-2,032
185

27,495
11,852
5,122
6,730
89
14,427
1,127

22,015
24,305
16,198
8,107
-644
-2,577
931

6,346
6,334
-4,000
10,334
-781
-111
904

11,625
5,271
-9,001
14,272
-620
6,339
635

710,700
275 533
-20,464
331,523
22 407
34,298
67,403

182,733
56 277
9,639
95,620
4 697
-8,085
24,585

155,507
47 825
-17,191
92,250
12213
792
19,618

214,619
49 061
-9,248
132,416
-6 847
58,061
-8,824

239,586
101 106
-20,597
87,107
989
24,038
46,943

189,311
65 700
-12,642
118,882
757
2,633
13,981

182,019
55 563

214,520
48,962
-9|248
132,416
-6,847

24,585

157,072
49,390
-17J91
92,250
12,213
792
19,618

-8,824

238,803
100,323
-20,597
87,107
989
24,038
46,943

188,544
64,933
-12^642
118,882
757
2,633
13,981

11,602

27,916

24,793

38,038

-45,409

334

18,177
-9,739

30,531
5,738

43,762
5,724

-47,924
-2,515

-9,357
-9,691

-345,559
80,588
-264,971
-18,483
-48,025
-331,479

-101,676
19,854
-81,822
-5,577
-11,355
-98,754

-95,802
21,418
-74,384
-6,173
-14,690
-95,247

-99,892
22,332
-77,560
-3,246
-12,249
-93,055

-107,433
18,040
-89,393
-4,504
-11,874
-105,771

-124,611
19,343
-105,268
-4,658
-12 832
-122,758

-92,318
19,600
-72,718
-5,535
-11 396
-89,649

-96,233
19,953
-76,280
-5,683
-14 260
-96,223

-105,838
20,721
-85,117
-4,364
-12,024
-101,505

-110,231
21,633
-88,598
-4,103
-12,270
-104,971

-115,416
18,913
-96,503
-4,518
-12,752
-113,773

Financial account
40
41
42
43
44
45

U S.-owned assets abroad, net (increase/financial outflow (-))
U.S. official reserve assets, net
Gold7
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies

46
47
48
49
50
51
52
53
54

U.S. Government assets, other than official reserve assets, net
U.S. credits and other long-term assets
Repayments on U.S. credits and other long-term assets8
U.S. foreign currency holdings and U S short-term assets, net
U.S. private assets, net ..
Direct investment
Foreign securities
U.S. claims on unaffiliated foreigners reported by U S nonbanking concerns
U.S. claims reported by U S banks, not included elsewhere

55

Foreign-owned assets in the United States, net (increase/financial inflow(+))

56
57
58
59
60
61
62

Foreign official assets in the United States net
U.S. Government securities
U.S. Treasury securities9
Other10
Other U.S. Government liabilities''
U.S. liabilities reported by U.S. banks, not included elsewhere
Other foreign official assets12 .

63
64
65
66
67
68
69

Other foreign assets in the United States, net
Direct investment
U.S. Treasury securities
U.S. securities other than U.S. Treasury securities
U S currency
U.S. liabilities to unaffiliated foreigners reported by U S nonbanking concerns
U.S. liabilities reported by U.S. banks, not included elsewhere

70
70a
71
72
73
74
75
76

Statistical discrepancy (sum of above items with sign reversed)
Of which seasonal adjustment discrepancy
Memoranda:
Balance on goods (lines 3 and 20)
Balance on services (lines 4 and 21)
Balance on goods and services (lines 2 and 19)
Balance on income (lines 12 and 29)
Unilateral current transfers net (line 35)
Balance on current account (lines 1, 18, and 35 or lines 73, 74, and 75) 13

p

Preliminary.
Revised.
1. Credits, +: Exports of goods and services and income receipts; unilateral current transfers to the United States;
capital account transactions receipts; financial inflows—increase in foreign-owned assets (U.S. liabilities) or decrease
in U.S.-owned assets (U.S. claims).
Debits, -: Imports of goods and services and income payments; unilateral current transfers to foreigners; capital
accounts transactions payments; financial outflows—decrease in foreign-owned assets (U.S. liabilities) or increase
in U.S.-owned assets (U.S. claims).
2. Excludes exports of goods under U.S. military agency sales contracts identified in Census export documents,
excludes imports of goods under direct defense expenditures identified in Census import documents, and reflects
various other adjustments (for valuation, coverage, and timing) of Census statistics to balance of payments basis;
r




9^639

95,620
4,697

-8i085

58^061

-76,968
-36,088
-30,428
931
-11,383
200,169

see table 2 in "U.S. International Transactions, Third Quarter 2000" in this issue of the SURVEY.
3. Includes some goods: Mainly military equipment in line 5; major equipment, other materials, supplies, and petroleum products purchased abroad by U.S. military agencies in line 22; and fuels purchased by airline and steamship
operators in lines 8 and 25.
4. Includes transfers of goods and services under U.S. military grant programs.
5. Beginning in 1982, these lines are presented on a gross basis. The definition of exports is revised to exclude
U.S. parents' payments to foreign affiliates and to include U.S. affiliates' receipts from foreign parents. The definition
of imports is revised to include U.S. parents' payments to foreign affiliates and to exclude U.S. affiliates' receipts
from foreign parents.

January 2001

D-53

International Data

SURVEY OF CURRENT BUSINESS

Table F.3.—U.S. International Transactions, by Area
[Millions of dollars]
European Union

Western Europe
(Credits +; debits - )

l

2000

u

2000

United Kingdom

European Union (6) 15

2000

2000
III"

Current account
Exports of goods and services and Income receipts
Exports of goods and services
Goods, balance of payments basis2
Services3
Transfers under U.S. military agency sales contracts4
Travel
Passenger fares
Other transportation
Royalties and license fees 5
Other private services5
U.S. Government miscellaneous services
Income receipts
Income receipts on U.S.-owned assets abroad
Direct investment receipts
Other private receipts
U.S. Government receipts
Compensation of employees
Imports of goods and services and income payments
Imports of goods and services
Goods, balance of payments basis2
Services3
Direct defense expenditures
Travel
Passenger fares
Other transportation
Royalties and license fees5
Other private services5
U.S. Government miscellaneous services
Income payments
Income payments on foreign-owned assets in the United States
Direct investment payments
Other private payments
U.S. Government payments
Compensation of employees
Unilateral current transfers, net
U.S. Government grants4
U.S. Government pensions and other transfers
Private remittances and other transfers6

104,910

109,343

109,132

98,064

98,510

31,984

33,066

32,697

46,714

48,950

50,496

68,077
43,726
24,351
957
5,470
1,368
2,147
4,558
9,811
40

70,535
44,452
26,083
1,001
7,061
1,817
2,253
4,571
9,338
42

70,624
42,590
28,034
981
8,460
2,314
2,448
4,480
9,306
45

60,474
38,838
21,636
592
4,922
1,326
1,849
4,261
8,650
36

64,040
40,529
23,511
617
6,478
1,725
1,940
4,214
8,499
38

64,440
39,256
25,184
607
7,761
2,177
2,139
4,064
8,395
41

17,178

17,774

17,607

32,993

34,708

10,030

10,097

9,587

22,753

23,400

7,148
90
1,979
508
419

7,677
93
2,541
678
460

8,020
92
2,911
791
511

10,240
209
2,070
663
972

11,308
218
2,790
847
999

947
3,198
7

799
3,099
7

798
2,909
8

2,265
4,037
24

2,279
4,149
26

35,936
23,568
12,368
214
3,620
1,136
1,123
2,143
4,104
28

36,833
36,795
16,374
20,168
253
38

38,808
38,769
16,957
21,665
147
39

38,508
38,471
16,473
21,754
244
37

32,725
32,690
14,247
18,232
211
35

34,024
33,988
14,542
19,313
133
36

34,070
34,036
14,300
19,531
205
34

14,806
14,789
6,141
8,648

15,292
15,274
6,300
8,974

15,090
15,073
5,786
9,287

17

18

17

13,721
13,707
6,386
7,186
135
14

14,242
14,228
6,358
7,753
117
14

14,560
14,547
6,779
7,636
132
13

-120,768
-77,357
-58,413
-18,944
-1,981
-3,784
-2,491
-3,028
-1,922
-5,455
-283
-43,411
-43,325
-11,890
-20,598
-10,837

-130,643

-131,036

-108,057

-43,654

-53,725

-57,966

-68,945

-16,866

-17,714

-17,724

-40,170

-43,600

-44,424

-59,737

-60,504

-52,155

-10,523

-10,755

-10,558

-31,997

-32,910

-33,551

-23,603
-1,986
-6,875
-3,361
-3,345

-24,999
-2,080
-7,371
-3,560
-3,656

-16,790
-1,585
-3,512
-2,212
-2,474

-6,343
-158
-1,217
-998
-640

-6,959
-152
-1,766
-1,086
-737

-10,690
-1,275
-3,384
-1,401
-1,284

-10,873
-1,350
-3,288
-1,323
-1,394

-1,899
-6,141
-292

-1,568
-5,195
-244

-401
-2,910
-19

-334
-2,864
-20

-7,166
-150
-1,815
-1,208
-782
-377
-2,813
-21

-8,173
-1,298
-1,758
-873
-1,179

-1,850
-5,899
-287

-848
-2,020
-197

-806
-2,341
-199

-830
-2,485
-203

-47,303
-47,227
-13,815
-22,647
-10,765
-76

-45,533
-45,461
-10,994
-23,818
-10,649
-72

-39,112
-39,044
-10,429
-18,615
-10,000
-68

-117,195
-76,507
-54,757
-21,750
-1,600
-6,544
-3,189
-2,986
-1,469
-5,710
-252
^0,688
-40,629
-9,865
-20,871

-42,513

-85,503

-23,215
-23,193
-3,892
-13,587
-5,714
-22

-24,799
-24,778
-4,350
-14,744
-5,684
-21

-25,930
-25,910
-4,898
-15,468
-5,544
-20

-13,555
-13,516
-6,218
-4,040
-3,258
-39

-14,366
-14,331
-6,961
-4,141
-3,229
-35

-11,583
-11,549
-4,041
-4,337
-3,171
-34

-251
-134
-341
224

-372
-132
-355
115

-44
-1
-304
261

-117,476
-75,317
-54,434
-20,883
-1,520
-6,329
-2,999
-2,757
-1,501
-5,530
-247
-42,159
-42,097
-12,196
-19,901
-10,000
-62
25

-40,081

-83,340

-166
-351
122

-59
-69
-5
-314
250

-308
333

-56,007

290

328

323

-31

-101

-53
343

-54
382

-51
374

-167
118

138

-179
78

13

12

12

16

16

16

-63,862

-52,957

-37,134

-28,772

-11,204

-5,574

Capital and financial account
Capital account
Capital account transactions, net
Financial account
U.S.-owned assets abroad, net (increase/financial outflow (-)) ....

-149,764

-40,716

-108,889

-68,001

-41,398

U.S. official reserve assets, net
Gold 7
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies
U.S. Government assets, other than official reserve assets, net....
U.S. credits and other long-term assets
Repayments on U.S. credits and other long-term assets8
U.S. foreign currency holdings and U.S. short-term assets, net

-379

-310

-4,124

-100

-79

-619

-379
256
-73
295
34

-310

-4,124

-619

85
-18

-100
193
-29
189
33

-79

14
-308
311
11

55
-171
225
1

-149,641
-29,237
-9,730

-40,434
-19,974
-33,860

-63,759
-23,754
-32,647

-108,982
-27,579
-9,913

16
-11
33
-6
-67,938
-17,707
-32,727

-40,834
-21,851
-26,045

-63,873
-11,496
-11,998

-52,951
-9,409
-27,051

-37,134
-13,508
-19,922

-28,791
-11,830
2,457

-11,203
-4,256
-8,960

-5,576
-6,484
-9,863

-26,331
-84,343

-17,651
31,051

-7,358

-24,925
-46,565

-17,971
467

7,062

-26,790
-13,589

-8,102

-3,704

4,155
-23,573

-10,631
12,644

10,771

190,802

136,786

146,995

144,178

130,288

110,643

91,843

66,051

60,987

38,956

54,086

31,251

1,661

2,228

-936
(17)

U.S. private assets, net
Direct investment
Foreign securities
U.S. claims on unaffiliated foreigners reported by U.S.
nonbanking concerns
U.S. claims reported by U.S. banks, not included elsewhere ....
Foreign-owned assets in the United States, net (increase/
financial inflow (+))
Foreign official assets in the United States, net
U.S. Government securities
U.S. Treasury securities9
Other10
Other U.S. Government liabilities"
U.S. liabilities reported by U.S. banks, not included elsewhere
Other foreign official assets12
Other foreign assets in the United States, net
Direct investment
U.S. Treasury securities
U.S. securities other than U.S. Treasury securities
U.S. currency
U.S. liabilities to unaffiliated foreigners reported by U.S.
nonbanking concerns
U.S. liabilities reported by U.S. banks, not included elsewhere
Statistical discrepancy (sum of above items with sign reversed)
Memoranda:
Balance on goods (lines 3 and 20)
Balance on services (lines 4 and 21)
Balance on goods and services (lines 2 and 19)
Balance on income (lines 12 and 29)
Unilateral current transfers, net (line 35)
Balance on current account (lines 1,18, and 35 or lines 73, 74, and
75)i3

(•"'

-209

18)

(j

(

(17)
(17)

(18)

(18)
(.8)

-185

-238

-54

(18)

-84

189,141
34,952

134,558

(17)

(17)

147,931
52,990

102,565

67,112

58,425
(.7)

933
(17)

(17)

-24,822

-74,556

-14,687
5,407
-9,280
-6,578
-395
-16,253

l7

-88

()

79,577

(.8)
34,339

(18)

(18)

(18)

(18)

73,219
(18)

(18)

8,225
8

34,680

(18)

93,428

C)

49,558

53,537

(18)

(\

n

-39

-1

(18)

(18)
(18)

(.8)

35,331

27,384

(18)

(18)

(18)

(18)

(18)

23,848

35,986

53,073

31,727

22
(18)

(18)

(18)

(18)

13,470

24,791

75,148

-56,887

43,798
-27,149
-20,422

-14,223
18
5,643
-42,934

-15,285
2,480
-12,805
-8,495
-251

-17,914
3,035
-14,879
-7,025
-372

-13,317
4,846
-8,471
-6,387
-44

-21,551

-22,276

-14,902

6. Beginning in 1982, the "other transfers" component includes taxes paid by U.S. private residents to foreign
governments and taxes paid by private nonresidents to the U.S. Government.
7. At the present time, all U.S. Treasury-owned gold is held in the United States.
8. Includes sales of foreign obligations to foreigners.
9. Consists of bills, certificates, marketable bonds and notes, and nonmarketable convertible and nonconvertible
bonds and notes.
10. Consists of U.S. Treasury and Export-Import Bank obligations, not included elsewhere, and of debt securities




-6

8

43,950
-13,785

-50,525

-20,187

-12,842
18
8,315
-3,987

-13,905
2,628
-11,277
-8,135
25

-15,501
3,434
-12,067
-6,618

-493
805
312
-8,409
290

-19,387

-18,754

-7,807

18

-14,009

18

18

-8,636

8

524
-17,104

-1,729
-4,291
-33,851

18

18

-9,625

-20,081

-13,231

-3,140

-658
718
60
-9,507
328

-971
854
-117
-10,840
323

-9,244
2,067
-7,177
166
-49

-9,510
618
-124
-31

1,495
-8,488
2,977
-101

-9,119

-10,634

-7,060

-9,047

-5,612

of U.S. Government corporations and agencies.
11. Includes, primarily, U.S. Government liabilities associated with military agency sales contracts and other transactions arranged with or through foreign official agencies; see table 4 in "U.S. International Transactions, Third Quarter 2000" in this issue of SURVEY OF CURRENT BUSINESS.
12. Consists of investments in U.S. corporate stocks and in debt securities of private corporations and State
and local governments.

D-54

International Data

SURVEY OF CURRENT BUSINESS

January 2001

Table F.3.—U.S. International Transactions, by Area—Continued
[Millions of dollars]
Eastern Europe
(Credits +; debits - )

Canada

Latin America and Other Western
Hemisphere

2000

]

Current account
3,606

3,620

3,635

57,649

59,423

53,791

75,075

78,961

26,458

26,993

2,685
1,646
1,039
87
283
19
56
68
513
13
921
916
317
554
45
5

2,381

2,649

51,561

52,456

47,595

52,260

55,982

59,853

23,747

23,709

25,579

45,587

46,714

42,092

39,310

42,066

44,022

15,366

15,612

16,012

5,974
26

5,742
27

1,978
487
648
447
2,373
15

1,953
409
678

12,950
212
4,684
1,356
796

13,916
188
5,404
1,466
857

15,831
243
6,743
1,653
1,004

8,381
240
2,441
993
806

8,097
251
2,392
910
852

9,567
246
3,362
1,157
900

480
2,177
18

5,503
27
1,680
377
688
493
2,218
20

698
5,163
41

745
5,215
41

751
5,396
41

1,594
2,293
14

1,644
2,033
15

1,655
2,231
16

1,239
1,234
350
546
338
5

1,199
137
396
19
91
71
472
13
986
981
372
539
70
5

6,088
6,067
3,102
2,965

6,967
6,948
3,777
3,171

6,196
6,176
3,072
3,104

19,093
19,061
4,946
14,012
103
32

19,108
19,075
4,534
14,431
110
33

2,711
2,709
1,410
1,297
2
2

3,284
3,282
1,846
1,425
11
2

-5,029
-4,501
-4,018
-483
-41
-166
-55
-49
-11
-147
-14
-528
-507
-9
-182
-316
-21
-945
-465
-12
-468

-5,170
-4,535
-3,682
-853
-20
-402
-165
-76
-24
-152
-14
-635
-618
-32
-253
-333
-17
-948
-501
-12
-435

-6,131
-5,424
-4,441
-983
-20
-569
-126
-62
-23
-169
-14
-707
-691
-44
-276
-371
-16
-1,018
-535
-10
-473

7

6

-231

-996

Exports of goods and services and income receipts
Exports of goods and services
Goods, balance of payments basis

2

3

Services

4

Transfers under U.S. military agency sales contracts
Travel
Other transportation
Royalties and license fees5
Other private services5
U.S. Government miscellaneous services
Income receipts
Income receipts on U.S.-owned assets abroad
Direct investment receipts
Other private receipts
U.S. Government receipts
Compensation of employees
Imports of goods and services and income payments
Imports of goods and services
Goods, balance of payments basis2
3

Services
Direct defense expenditures
Travel
Passenger fares
Other transportation
Royalties and license fees5
Other private services5
U.S. Government miscellaneous services
Income payments
Income payments on foreign-owned assets in the Unii
Direct investment payments
Other private payments
U.S. Government payments
Compensation of employees
Unilateral current transfers, net
U.S. Government grants4
U.S. Government pensions and other transfers
Private remittances and other transfers6

1,305
1,076
71
361
23
133
69
407
12

21

19

20

17,188
17,156
4,228
12,836
92
32

-63,171

-65,946

-63,666

-74,005

-78,392

-83,229

-50,363

-52,593

3,356
3,354
1,835
1,518
1
2
-53,131

-60,524

-63,066

-61,716

-58,220

-60,908

-64,777

-39,068

-41,313

-41,716

-57,105

-58,906

-56,353

-49,353

-52,121

-54,710

-34,684

-36,515

-36,740

-3,419
-18
-1,009
-169
-873

-4,160
-16
-1,590
-232
-916

-5,363
-20
-2,693
-278
-902

-8,867
-27
-4,452
-874
-765

-8,787
-63
-4,171
-783
-769

-10,067
-65
-5,060
-943
-795

-4,384
-308
-694
-201
-1,298

-4,798
-322
-919
-266
-1,383

-4,976
-350
-846
-263
-1,550

-216
-1,083
-51

-250
-1,105
-51

-280
-1,138
-52

-260
-2,358
-131

-269
-2,601
-131

-282
-2,791
-131

-868
-979
-36

-945
-930
-33

-971
-962
-34

-2,647
-2,563
-850
-1,321
-392
-84

-2,880
-2,801
-586
-1,724
-491
-79

-1,950
-1,872
124
-1,470
-526
-78

-15,785
-14,330
-259
-11,033
-3,038
-1,455

-17,484
-15,901
-390
-12,320
-3,191
-1,583

-18,452
-16,718
-272
-13,097
-3,349
-1,734

-11,295
-11,272
-2,238
-2,940
-6,094
-23

-11,280
-11,264
-2,098
-2,660
-6,506
-16

-11,415
-11,401
-1,877
-2,877
-6,647
-14

-97

-42

-50

-28
-69

-28
-14

-24
-36

1,391

559

6,883

242

182

2,660

-187

-154

-124
-63

-124
-30

-134
-54

-3,858
-427
-181
-3,250

-3,888
-501
-169
-3,218

-4,053
-536
-172
-3,345

21

24

34

64

62

54

-11,940

-10,607

3,360

-7,161

-30,787

-14,756

Capital and financial account
Capital account
Capital account transactions, net
Financial account
U.S.-owned assets abroad, net (increase/financial outflow (-))

1,799

U.S. official reserve assets, net
Gold7
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies
U.S. Government assets, other than official reserve assets, net
U.S. credits and other long-term assets
Repayments on U.S. credits and other long-term assets8
U.S. foreign currency holdings and U.S. short-term assets, net
U.S. private assets, net
Direct investment
Foreign securities
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking
concerns
U.S. claims reported by U.S. banks, not included elsewhere
Foreign-owned assets in the United States, net (increase/financial inflow

W)

Other foreign assets in the United States, net
Direct investment
U.S. Treasury securities
U.S. securities other than U.S. Treasury securities
U.S. currency
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns
U.S. liabilities reported by U.S. banks, not included elsewhere

225
-13

123
-184
361
-54

-7,164
-3,822
-10,673

-30,852
-6,760
-10,257

-14,879
-2,178
-8,339

1,112
-671
-1,475

377
-1,782
13,730

4,224
-929
7,692

7,128

-27,081
34,412

-15,262
1,427

5,197
-9,559

2,611
647

-6,182
-5,389

-£539

1,393

27,666

25,526

-14,083

25,293

15,418

18)

18)

-418
-454
31
5

10
-17
30
-3

-158
-903

-578
-283
-269

1,789
1,868
-208

-11,940
-2,889
-3,789

3,360
-3,937

-73
926

-28
2

129

-6,221

4,821

862

5,241

21,284
1,162

R
R

Foreign official assets in the United States, net
U.S. Government securities
U.S. Treasury securities9
Other10
Other U.S. Government liabilities"
U.S. liabilities reported by U.S. banks, not included elsewhere
Other foreign official assets12

(18)
(,8)

-425

n
(17)

'•)

n
n
n

(18)

-20

n

20,122
10,261
( 17 )
5,083

796
(18)

149

660

n42

17,949

3,152

2,432
7

-601

Statistical discrepancy (sum of above items with sign reversed)

-2,229

2,626

-3,532

-3,656

6,032

5,276

Memoranda:
Balance on goods (lines 3 and 20)
Balance on services (lines 4 and 21)
Balance on goods and services (lines 2 and 19)
Balance on income (lines 12 and 29)
Unilateral current transfers, net (line 35)
Balance on current account (lines 1,18, and 35 or lines 73, 74, and 75) 13 ....

-2,372
556
-1,816
393
-945
-2,368

-2,377
223
-2,154
604
-948
-2,498

-2,991
216
-2,775
279
-1,018
-3,514

-11,518
2,555
-8,963
3,441
-187
-5,709

-12,192
1,582
-10,610
4,087
-154
-6,677

-14,261
140
-14,121
4,246
-188
-10,063

-10,043
4,083
-5,960
1,403
-3,858
-8,415

3,922

18

-82
-138

18

13. Conceptually, line 76 is equal to "net foreign investment" in the national income and product accounts
(NIPA's). However, the foreign transactions account in the NIPA's (a) includes adjustments to the international transactions accounts for the treatment of gold, (b) includes adjustments for the different geographical treatment of
transactions with U.S. territories and Puerto Rico, and (c) includes services furnished without payment by financial
pension plans except life insurance carriers and private noninsured pension plans. A reconciliation of the balance
on goods and services from the international accounts and the NIPA net exports appears in reconciliation table
2 in appendix A in this issue of the SURVEY OF CURRENT BUSINESS. A reconciliation of the other foreign transactions




4,992

C)

(18)
(18)

n

(18)

-546
(18)

958

-1,043

(18)

7,848

1,328
(IS)

(18)

6,961

14,473

15,473
-3,111
14,497
-12,154

18

C8)

3,140
(.8)
-443

(18)

C)

(18)

(18)

(18)

-1,661

-191

-238

-19

R

1,818
1,348
7

37

R
R

<)

C7)
C)
C)

-18
7
7

113

2,660
-1

242
37

65
-129
206
-12

-73
-95
22

18

l8

17,250
25,012
-7,009

-10,055
5,129
-4,926
1,609
-3,888
-7,205

6,306
2,808
-2,503

18

5,764
-4,924
-4,053
-8,321

18

-851
-11,405

18

3,639
13,556

18

-6,931

36,688

-216

1,949

-19,318
3,997
-15,321
-8,584
-97
-24,002

-20,903
3,299
-17,604
-7,996
-42
-25,642

-20,728
4,591
-16,137
-8,059
-60
-24,256

in the two sets of accounts appears in table 4.5 of the full set of NIPA tables published annually in the August
issue of the SURVEY.
14. The "European Union" includes the "European Union (6)," United Kingdom, Denmark, Ireland, Greece, Spain,
and Portugal. Beginning with the first quarter of 1995, the "European Union" also includes Austria, Finland, and
Sweden.

January 2001

D-55

International Data

SURVEY OF CURRENT BUSINESS
Table F.3.—U.S. International Transactions, by Area—Continued
[Millions of dollars]

Line

(Credits +; debits - )

l

Australia

Other countries in Asia and Africa

2000

2000

International organizations and
unallocated16
2000

I

1

III/'

III*

I

Current account
1
2
3
4
5
6
7

8
9
10
11
12
13
14
15
16
17
18
19
20

Exports of goods and services and income receipts
Exports of goods and services
Goods balance of payments basis

2

3

5,963

6,574

6,459

59,175

63,296

68,785

8,786

8,970

8,954

4,283

4,726

4,547

50,304

54,199

59,605

1,532

1,518

1,555

2 960

3274

3 008

35 998

39 768

43 739
1,532

1,518

1,555

1,323
65

1,452
68

1,539
67

14,306
1,987

14,431
2,093

15,866
2,019

Travel
Passenger fares
Other transportation

408
123
76

510
145
84

562
155

98

2,519
351
2,258

3,684
461
2,442

4,096
525
2,590

133

141

156

Royalties and license fees s
Other private services s
U S Government miscellaneous services

173
476
2

192
451
2

190
465
2

1,068
6,044
79

1,087
4,581
83

1,110
5,443
83

482
917

490
887

488

1,680
1,679
749
930

1,848
1,847
889
958

1,912
1,911
965
946

9,097
9,077
5,841
3,001
235
20

9,180
9,160
6,119
2,708
333
20

7,254
6,798
3,547
3,070
181
456

7,452
6,987
3,646
3,160
181
465

7,399
6,928
3,696
3,050
182
471

Services
Transfers under U.S military agency sales contracts4

Income receipts
Income receipts on U.S -owned assets abroad
Direct investment receipts
Other private receipts
U S Government receipts
Compensation of employees
Imports of goods and services and income payments
Imports of goods and services
Goods balance of payments basis

2

3

911

1

1

1

8,871
8,851
5,007
3,271
573
20

-2,617

-2,954

-3,140

-97,980

-108,335

-124,522

-2,868

-3,158

-3,723

-2,274

-2,604

-2,720

-89,471

-98,491

-114,023

-594

-642

-1,396

-1,346

-1,677

-1,736

-79,566

-87,986

-103,040
-594

-642

-1,396

-928
-19

-927
-31

-984
-15

-9,905
-928

-10,505
-993

-10,983
-900

23
24
25

Travel
Passenger fares ....
Other transportation

-352
-170
-56

-333
-181
-52

-401
-157
-58

- 2 856
-1,298
-2,843

-3114
-1,393
-3,054

- 3 258
-1,582
-3,288

-315

-362

^32

26
27
28

Royalties and license fees s
Other private services ^
U S Government miscellaneous services

-17
-305
-9

-18
-303
-9

-32
-312
-9

-66
-1,724
-190

-65
-1,697
-189

-78
-1,685
-192

-168
-111

-170
-110

-846
-118

-343
-341
7
-246
-102
-2

-350
-348
-2
-232
-114
-2

-420
-418
-26
-262
-130
-2

-8,509
-8,352
-114
-2,949
-5,289
-157

-9,844
-9,737
-1,077
-3,163
-5,497
-107

-10,499
-10,409
-1,233
-3,485
-5,691

-2,274
-2,274
-1,370
-898
-6

-2,516
-2,516
-1,519
-993
-4

-2,327
-2,327
-1,364
-957
-6

-70

-71

-73

-10
-60

-11
-60

-10
-63

-4,178
-1,497
-122
-2,559

-4,006
-1,645
-127
-2,234

-4,861
-2,202
-128
-2,531

-2,519
-357
-259
-1,903

-2,514
-451
-100
-1,963

-2,207
-176
-191
-1,840

2

2

2

29

33

26

-2,732

323

352

7,828

10,689

1,592

-3,518

-2,009

-6,854

-417

2,148

1,118

-180
-237

-180
2,328

-182
1,300

21
22

29
30
31
32
33
34
35
36
37
38

Services
Direct defense expenditures

Income payments
Income payments on foreign-owned assets in the United States
Direct investment payments
Other private payments
U.S. Government payments
Compensation of employees
Unilateral current transfers, net
U S Government grants 4
U.S. Government pensions and other transfers
Private remittances and other transfers6

-90

Capital and financial account
Capital account
39

Capital account transactions, net
Financial account

40

U S -owned assets abroad, net (increase/financial outflow (-))

41
42
43
44
45

U.S. official reserve assets, net
Gold 7
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies

46
47
48
49

U S Government assets other than official reserve assets net
U S credits and other long-term assets
Repayments on U S credits and other long-term assets 8
U S foreign currency holdings and U S short-term assets net

50
51
52
53
54

U S private assets net
Direct investment
Foreign securities
U.S. claims on unaffiliated foreigners reported by U.S nonbanking concerns
U.S. claims reported by U.S. banks, not included elsewhere

- 2 733
-600
874
-944
-2,063

323
483
-358
2 391
-2,193

55

Foreign-owned assets in the United States net (increase/financial inflow (+))

2,830

-297

56
57
58
59
60
61
62

Foreign official assets in the United States net
U S. Government securities
U.S. Treasury securities 9
Other 10
Other U S Government liabilities l '
U S liabilities reported by U S banks not included elsewhere
Other foreign official assets 12

63
64
65
66
67
68
69

Other foreign assets in the United States, net
Direct investment
U S Treasury securities
U S securities other than U S Treasury securities
U S currency
U S liabilities to unaffiliated foreigners reported by U S nonbanking concerns
U S liabilities reported by U S banks not included elsewhere

70

Statistical discrepancy (sum of above items with sign reversed)

71
72
73
74
75
76

Memoranda:
Balance on goods (lines 3 and 20) ..
Balance on services (lines 4 and 21)
Balance on goods and services (lines 2 and 19)
Balance on income (lines 12 and 29)
Unilateral current transfers net (line 35)
Balance on current account (lines 1, 18, and 35 or lines 73, 74, and 75) 1 3

1

16
-348
398
-34

271
-236
561
-54

-248
-248

-265
-265

-307
-307

-10705
-3,040
- 3 986
216
- 3 895

- 1 863
-5,277
2 706

-237

- 7 721
-4,415
- 2 510
- 1 696
900

- 2 853
-3,251
175
-8
231

- 3 892
-3,392
56
10
-566

- 7 665
-3,491
-253
- 4 266
345

2 214

5 939

21 843

11 599

- 2 625
1

5 278
1

7450
3

1

....

(18)

(18)

(18)

18

j.8J
(18)

M

-10

-31

(18)

352
137
452

(18)

(18)

(18)

[l8J

(18)

18

708
(18)

M
(18)

M

f$

(18)

10

-52

-469

-576

a

(18)

(18)

(18)

(18)

(18)

(18)

(18\

M

(18)

(18)

(18)

18

n

(18)

2 853

195
(18)

(18)

544

307

493

7 355

( )
(18)

(18)

(18)

1 427

143

(18)

7 994

1 074

(18)

(18)

10130

5 593

1
18

-2,626
1 115
(18)

1
18

5,277
1 138
(18)

3
18

-7,453
1 169
(18)

7
989
64
18
3 079

165
757
-3673
18
- 5 871

-1 117
18
560

-1108
18
340

5 508

-121
- 6 847
29
i s 3 198

-3,376

-3,577

-5,814

44,843

37,858

50,565

2,744

-6,567

11,280

1,614

1,597
525
2,122
1,498
-71
3,549

1,272

-43,568
4,401
-39,167
362
-4,178
^2,983

-48,218
3,926
-44 292
-747
- 4 006
-49,045

-59,301
4 883
-54 418
-1 319
- 4 861
-60,598

938
938
4 980
- 2 519
3,399

876
876
4 936
2 514
3,298

159
159
5,072
-2,207
3,024

395
2,009
1,337
-70
3,276

15. The "European Union (6)" includes Belgium, France, Germany (includes the former German Democratic Republic (East Germany) beginning in the fourth quarter of 1990), Italy, Luxembourg, Netherlands, European Atomic
Energy Community, European Coal and Steel Community, and European Investment Bank.
16. Includes, as part of international and unallocated, the estimated direct investment in foreign affiliates engaged
in international shipping, in operating oil and gas drilling equipment internationally, and in petroleum trading. Also
includes taxes withheld; current-cost adjustments associated with U.S. and foreign direct investment; small transactions in business services that are not reported by country; and net U.S. currency flows, for which geographic




-107
- 1 125
786
232

18

1 568

555
1,827
1,492
-73
3,246

18

2212
- 5 003

3 943
245

]8

18

source data are not available.
17. Details not shown separately; see totals in lines 56 and 63.
18. Details not shown separately are included in line 69.
NOTE.—The data in tables F.2 and F.3 are from tables 1 and 10 in "U.S. International Transactions, Third Quarter
2000" in this issue of the SURVEY OF CURRENT BUSINESS, which presents the most recent estimates from the U.S. international transactions accounts.

D-56

International Data

January 2001

SURVEY OF CURRENT BUSINESS

Table F.4.—Private Service Transactions
[Millions of dollars]
Seasonally adjusted

1998

Line

1999

II
1

2000

1999

I

IV

III

IIr

III'"

244,099

254,665

63,070

63,905

65,759

68,471

70,274

70,332

Travel (table F.2, line 6)
Passenger fares (table F 2, line 7)
Other transportation (table F 2, line 8)
Freight
Port services

71,286
20,098
25,604
11,048
14,557

74,881
19,776
27,033
11,667
15,365

18,564
4,902
6,692
2,813
3,880

18,695
5,105
6,728
2,927
3,801

19,482
4,955
7,097
3,142
3,956

20,431
5,062
7,252
3,257
3,995

21,363
5,387
7,434
3,299
4,135

21,567
5,475
7,596
3,396
4,200

7
8
9
10
11
12
13

Royalties and license fees (table F 2, line 9)
Affiliated
U.S. parents' receipts
U.S. affiliates' receipts
Unaffiliated
Industrial processes'
Other2 ..

36,197
26,809
24,720
2,089
9,388
3,573
5,814

36,467
26,307
24,576
1,731
10,160
3,551
6,609

9,140
6,628
6,114

9,106
6,540
6,097

9,107
6,484
6,238

9,353
6,674
6,132

9,584
6,849
6,251

9,349
6,556
6,019

14
15
16
17
18
19
20
21
22
23
24
25
26

Other private services (table F2, line 10)
Affiliated services
U.S. parents' receipts
U.S. affiliates' receipts
Unaffiliated services
Education
Financial services
Insurance, net ....
Premiums received
Losses paid ...
Telecommunications
Business, professional, and technical services
Other unaffiliated services ^

90,914
28,397
18,232
10,165
62,517
9,037
11,273
2,189
7,265
5,076
5,538
22,175
12,305

2
3
4
5
6

27

Exports of private services

514

443

246

542

598

537

2,512

2,566

2,623

2,679

2,735

2,793

888

886

886

886

886

887

1,624

1,680

1,737

1,793

1,848

1,905

96,508
28,943
18,111
10,832
67,565
9,572
13,925
2,295
8,259
5,964
4,460
24,368
12,946

23,772
6,937
4,336
2,601
16,835
2,377
3,496

24,271
7,127
4,569
2,558
17,144
2,417
3,613

25,118
7,527
4,693
2,834
17,591
2,435
3,915

26,373
8,059
4,534
3,525
18,314
2,484
4,389

26,506
7,748
4,687
3,061
18,758
2,518
4,656

26,345
7,540
4,561
2,979
18,805
2,566
4,416

563

579

599

625

651

678

2,043
1,480
1,152
6,055
3,192

2,091
1,512
1,099
6,172
3,264

2,135
1,536
1,048
6,269
3,325

2,178
1,553
1,015
6,378
3,424

2,220
1,568

2,262
1,584

972

962

6,507
3,453

6,675
3,508

167,607

174,825

43,122

44,096

45,567

47,492

48,408

51,185

28
29
30
31
32

Travel (table F.2, line 23)
Passenger fares (table F 2, line 24)
Other transportation (table F 2, line 25)
Freight
Port services

56,509
19,971
30,363
19412
10,950

59,351
21,405
34,137
22 214
11,925

14,718
5,274
8,187
5 273
2,914

14,799
5,348
8,953
5 915
3,038

15,274
5,568
9,214
6 049
3,165

15,837
5,777
9,582
6 251
3,331

16,044
5,944
9,900
6 420
3,480

16,704
6,203
10,461
7,021
3,440

33
34
35
36
37
38
39

Royalties and license fees (table F 2, line 26)
Affiliated
U.S. parents' payments
U.S. affiliates' payments
Unaffiliated
Industrial processes'
Other2

11,713
8,754
1,755
6,999
2,959
1,536
1,423

13,275
10,208
2,134
8,074
3,067
1,883
1,185

3,224
2,470

3,314
2,530

3,656
2,846

3,590
2,761

3,661
2,816

4,512
2,981

508

536

590

621

629

658

1,962

1,994

2,256

2,140

2,187

754
461
293

784
483
301

810
502
308

829
515
314

845
527
318

2,323
1,531

40
41
42
43
44
45
46
47
48
49
50
51
52

Other private services (table F 2, line 27)
Affiliated services ...
U.S. parents' payments
U.S. affiliates' payments
Unaffiliated services
Education
Financial services
Insurance, net ....
Premiums paid
Losses recovered
Telecommunications
Business, professional, and technical services
Other unaffiliated services%

49,051
19,756
10,406
9,350
29,295
1,591
3,561
9,080
20,290
11,210
7,687
6,869

46,657
22,437
11,427
11,010
24,220
1,840
3,574
4,078
21,242
17,164
6,766
7,430

11,719
5,703
2,852
2,851
6,016

11,682
5,677
2,873
2,804
6,005

11,855
5,795
2,941
2,854
6,060

12,706
6,176
3,135
3,041
6,530

12,859
6,001
2,818
3,183
6,858

453
845
988

469
985
884

486
977
972

5,308
4,320
1,759
1,840

5,284
4,400
1,658
1,873

Imports of private services

537
993
13,305
5,884
2,759
3,125
7,421

502

524

543

5,301
4,329
1,571
1,911

1,188
1,182
5,367
4,185
1,565
1,949

1,290
1,408
5,461
4,053
1,500
1,993

1,347
1,851
5,568
3,717
1,498
2,040

507

532

132

136

143

145

145

142

-246,854
76,492
-170,362

-345,559
79,840
-265,719

-83,984
19,948
-64,036

-92,318
19,809
-72,509

-96,233
20,192
-76,041

-105,838
20,979
-84,859

-110,231
21,866
-88,365

-115,416
19,147
-96,269

Memoranda:

53
54
55

Balance on goods (table F 2, line 71) .
...
Balance on private services (line 1 minus line 27)
Balance on goods and private services (lines 53 and 54)

p Preliminary.
r
Revised.
1. Patented techniques, processes, and formulas and other intangible property rights that are used in goods production.
2. Copyrights, trademarks, franchises, rights to broadcast live events, and other intangible property rights.




3. Other unaffiliated services receipts (exports) include mainly expenditures of foreign governments and international organizations in the United States. Payments (imports) include mainly expenditures of U.S. residents temporarily working abroad and film rentals.
NOTE—The data in this table are from table 3 in "U.S. International Transactions, Third Quarter 2000" in this
issue of the SURVEY OF CURRENT BUSINESS, which presents the most recent estimates from the U.S. international
transactions accounts.

January 2001

International Data

SURVEY OF CURRENT BUSINESS

G. Investment Tables
Table G.1 .—International Investment Position of the United States at Yearend, 1998 and 1999
[Millions of dollars]
Changes in position in 1999 (decrease (-))
Attributable to:
Type of investment

Line

Position,
1998'

Valuation adjustments
Financial
flows

(a)
Net international investment position of the United States:
With direct investment positions at current cost (line 3 less line 24)
With direct investment positions at market value (line 4 less line 25)
U.S.-owned assets abroad:
With direct investment positions at current cost (lines 5+10+15) ....
With direct investment positions at market value (lines 5+10+16) ...
U.S. official reserve assets
Gold
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies
U.S. Government assets, other than official5 reserve assets
U.S. credits and other long-term assets
Repayable in dollars
Other 6
U.S. foreign currency holdings and U.S. short-term assets
U.S. private assets:
With direct investment at current cost (lines 17+19+22+23) ..
With direct investment at market value (lines 18+19+22+23) .
Direct investment abroad:
At current cost
At market value
Foreign securities
Bonds
Corporate stocks
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking
concerns
U.S. claims reported by U.S. banks, not included elsewhere
Foreign-owned assets in the United States:
With direct investment at current cost (lines 26+33)
With direct investment at market value (lines 26+34)
Foreign official assets in the United States
U.S. Government securities
U.S. Treasury securities
Other
Other U.S. Government liabilities7
U.S. liabilities reported by U.S. banks, not included elsewhere ...
Other foreign official assets
Other foreign assets:
With direct investment at current cost (lines 35+37+38+41+42+43) ..
With direct investment at market value (lines 36+37+38+41+42+43)
Direct investment in the United States:
At current cost
At market value
U.S. Treasury securities
U.S. securities other than U.S. Treasury securities
Corporate and other bonds
Corporate stocks
U.S. currency
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns
U.S. liabilities reported by U.S. banks, not included elsewhere
p Preliminary.
r
Revised.
1. Represents gains or losses on foreign-currency-denominated assets due to their revaluation
at current exchange rates.
2. Includes changes in coverage, statistical discrepancies, and other adjustments to the value
3. Reflects changes in the value of the official gold stock due to fluctuations in the market
price of gold.
4. Reflects changes in gold stock from U.S. Treasury sales of gold medallions and commemorative and bullion coins; also reflects replenishment through open market purchases. These demonetizations/monetizations are not included in international transactions financial flows.




-1,111,813 -323,377
-1,407,670 -323,377

Total

Position,
1999^

Price Exchange
Other
rate
changes changes
changes
(b)

(c)

(a+b+c+d)

(d)

344,215
301,897

-60,235
-57,364

68,702
12,829

455,115
755,413

-71,115
-63,035

-4,215
5,264

809,972
1,127,829

5,889,028
7,173,373

642
642

-1,500

17
17

-9,588
659
-267
-6,161
-3,819

136,418
75,950
10,336
17,950
32,182

202
202
202

-2,542
-3,193
-3,161
-32
651

84,226
81,657
81,367
290
2,569

29,305 -1,082,506
-66,015 -1,473,685

5,079,056
6,045,544

430,187
430,187

146,006
75,291
10,603
24,111
36,001

-8,747

86,768
84,850
84,528
322
1,918

-2,751
-3,384
-3,363
-21
633

4,846,282
5,812,770

441,685
441,685

454,473
754,771

-69,622
-61,542

-4,434
5,045

822,102
1,139,959

5,668,384
6,952,729

1,207,059
2,173,547
2,052,929
576,745
1,476,184

150,901
150,901
128,594
14,193
114,401

5,475
305,773
448,998
-31,341
480,339

-17,646
-9,566
-47,135
-2,849
^4,286

-14,602
-5,123

124,128
441,985
530,457
-19,997
550,454

1,331,187
2,615,532
2,583,386
556,748
2,026,638

565,466
1,020,828

92,328
69,862

-8,037
3,196

-6,010
16,178

78,281

643,747
1,110,064

6,190,869
7,453,214

753,564
753,564

110,900
453,516

-5,671

-72,917
-7,565

780,667
1,193,844

6,971,536
8,647,058

837,701
620,285
589,023
31,262
18,000
125,883
73,533

42,864
32,527
12,177
20,350
-3,255
12,692
900

-11,231
-23,905
-22,975
-930

31,633
8,622
-10,798
19,420
-3,255
12,692
13,574

869,334
628,907
578,225
50,682
14,745
138,575
87,107

5,353,168
6,615,513

710,700
710,700

122,131
464,747

-10,880
-5,671

-72,917
-7,565

749,034
1,162,211

6,102,202
7,777,724

928,645
2,190,990
729,738
2,012,431
902,155
1,110,276
228,250

275,533
275,533
-20,464
331,523
232,814
98,709
22,407

1,766
344,382
-48,552
168,917
-67,690
236,607

-5,209

-75,521
-10,169

196,569
609,746
-69,016
496,891
161,575
335,316
22,407

1,125,214
2,800,736
660,722
2,509,322
1,063,730
1,445,592
250,657

437,973
1,016,131

34,298
67,403

2,604

35,852
66,331

473,825
1,082,462

3

4

-257
-677
-566

-5,484
-3,253

7
-11
-11
18

12,674

-3,549
-3,549

-1,050
-1,072

5. Also includes paid-in capital subscriptions to international financial institutions and outstanding
amounts of miscellaneous claims that have been settled through international agreements to be
payable to the U.S. Government over periods in excess of 1 year. Excludes World War I debts
that are not being serviced.
6. Includes indebtedness that the borrower may contractually, or at its option, repay with its
currency, with a third country's currency, or by delivery of materials or transfer of services.
7. Primarily U.S. Government liabilities associated with military sales contracts and other transactions arranged with or through foreign official agencies.
NOTE.-The data in this table are from table 1 in "International Investment Position of the
United States at Yearend 1999" in the July 2000 issue of the SURVEY OF CURRENT BUSINESS.

•

D—57

D-58

International Data

SURVEY OF CURRENT BUSINESS

January 2001

Table G.2.—U.S. Direct Investment Abroad: Selected Items, by Country and by Industry of Foreign Affiliate, 1997-99
[Millions of dollars]
Direct investment position on i
historical-cost basis
1997

1998

1999

Capital outflows (inflows (-))
1997

Income

1998

1999

1997

1998

1999

871,316 1,014,012 1,132,622

95,769

134,083

138,510

104,794

92,775

96,626

101,871

111,707

7,642

9,152

14,268

11,024

7,527

11,103

Europe
Of which:
France
Germany
Netherlands
Switzerland
United Kingdom

425,139

528,113

581,791

48,318

93,805

72,090

48,333

52,618

53,584

36,630
40,726
68,619
30,634
154,462

42,067
46,405
93,592
40,144
192,663

39,984
49,617
106,436
51,227
213,070

2,971
2,464
12,450
-792
22,961

3,805
3,284
24,034
9,418
36,552

786
5,875
7,980
11,910
29,824

2,688
3,707
11,588
5,071
13,469

2,066
5,256
11,804
6,614
13,198

1,644
4,243
12,482
6,566
14,465

Latin America and Other Western Hemisphere
Of which:
Bermuda
Brazil
Mexico
Panama

180,818

200,477

223,182

21,539

16,830

19,522

21,723

17,262

18,578

38,071
35,778
24,050
22,016

40,403
38,195
28,396
25,982

45,959
35,003
34,265
33,429

589
7,138
5,596
354

1,352
4,834
4,718

5,122
455
5,355
1,803

3,965
4,965
3,893
1,277

3,080
2,906
3,885
1,812

4,173
1,626
4,721
2,074

11,330

14,241

15,062

3,436

1,302

1,948

1,574

2,106

8,836

10,632

11,137

619

1,417

1,340

825

949

144,815

155,364

185,912

13,733

20,009

12,322

18,410

28,404
33,854

31,150
35,633

33,662
47,786

1,209
-339

8,366
4,697
1,394

29,362
4,063
10,616

3,674
3,511

1,880
1,917

2,495
4,102

3,752

3,315

3,832

482

631

549

416

647

271

84,116

92,964

99,925

11,555

8,517

12,508

7,597

10,213

278,447
32,773
76,394
15,898
30,179
31,308
35,537
56,357

294,129
35,074
79,868
18,776
31,348
32,398
33,939
62,725

318,121
36,126
82,794
18,803
37,833
38,449
36,013
68,103

28,326
4,080
6,974
408
4,873
2,727
4,667
4,687

22,126
2,342
5,245
2,954
1,888
1,866
-1,190
9,021

35,524
1,416
7,100
808
6,705
6,231
4,857
8,406

38,468
5,030
10,023
1,376
5,022
4,663
5,478
6,876

29,879
4,306
9,428
1,281
3,986
2,147
2,495
6,237

32,472
3,604
9,431
1,365
3,450
3,737
4,371
6,514

Wholesale trade

64,929

70,014

80,148

121

6,434

11,801

9,047

9,909

10,560

Depository institutions

37,932

40,582

39,937

1,508

2,140

-920

3,286

743

1,693

297,828

375,965

436,024

39,001

62,161

54,475

31,986

34,921

37,867

68,763

4,306

12,210

10,778

6,109

5,955

8,193

89,705

10,953

20,494

17,962

3,391

3,770

4,003

All countries, all industries

105,001

By country
Canada

Africa
Middle East ...
Asia and Pacific ..
Of which:
Australia
Japan
International

718
3,150
2,150

By industry
Petroleum
Manufacturing
Food and kindred products
Chemicals and allied products
Primary and fabricated metals
Industrial machinery and equipment
Electronic and other electric equipment .
Transportation equipment
Other manufacturing

Finance (except depository institutions), insurance, and real
Services
Other industries.

46,533
61,532

60,696
79,663

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,
In addition, unlike in the international investment position, the direct investment position is valued
at historical cost.




The data in this table are from tables 16 and 17 in "U.S. Direct Investment Abroad: Detail
for Historical-Cost Position and Related Capital and Income Flows, 1999" in the September 2000
issue of the SURVEY OF CURRENT BUSINESS.

SURVEY OF CURRENT BUSINESS

January 2001

International Data

D-59

Table G.3.—Selected Financial and Operating Data for Nonbank Foreign Affiliates and Majority-Owned Nonbank Foreign Affiliates of U.S. Companies
by Country and by Industry of Affiliate, 1998
All nonbank affiliates

Majority-owned nonbank foreign affiliates (MOFA's)
Millions of dollars

Millions of dollars

Total

All countries, all industries

Sales

4,000,842 2,443,350

Net
income

U.S. exports of
goods
shipped
to affiliates

U.S. imports of
goods
shipped
by affiliates

Thousands of
employees

Total
assets

Sales

Net
income

Gross
product

U.S. exports of
goods
shipped
to
MOFA's

U.S. imports of

Thousands of
employ-

155,292

217,153

187,610

8,388.0

3,434,808

2,027,782

136,957

510,735

210,634

178,150

10,666

67,776

70,577

935.3

284,995

242,668

9,992

54,739

65,988

67,601

862.1

63,782

36,638

3,532.2

2,093,970

1,148,312

84,422

303,505

62,802

35,463

3,145.2

(D)
8,322

3,907
4,542

146,118
233,313
226,984
973,745

123,941
188,259
118,114
334,572

4,538
9,820
14,904
16,128

35,915
56,464
20,243
90,735

5,362
8,304
13,605
13,803

3,729
4,519
2,739
9,854

447.9
590.0
167.5
953.5

By country

313,647

Canada
Europe
Of which:
France
Germany
Netherlands
United Kingdom

263,849

2,302,253 1,331,199
171,797
279,338
244,324
1,025,588

141,586
253,825
140,385
366,114

4,391
11,759
16,601
15,646

( )
13,839

9,924

501.1
643.1
179.9
1,038.7

570,042

297,670

31,792

37,081

37,759

1,807.4

434,375

230,736

22,728

61,336

35,677

36,271

1,416.4

129,977
99,105

83,715
98,344

5,003
8,861

4,168
24,660

2,882
27,223

395.1
907.1

84,673
55,006

64,555
65,147

3,239
4,114

21,922
13,961

4,015
23,802

2,753
26,061

341.5
668.9

Africa

47,990

28,033

2,155

202.9

35,867

20,830

1,551

6,752

856

1,542

111.2

Middle East

40,169

22,443

1,506

88.6

16,591

9,340

784

3,764

696

855

49.5

Asia and Pacific

707,708

492,388

17,224

46,689

39,734

1,810.8

558,121

371,509

16,796

79,129

44,615

36,419

1,305.4

Of which:
Australia
Japan

96,615
298,485

65,874
182,288

2,629
4,006

4,761
13,514

1,290
4,773

291.0
404.2

75,555
232,322

52,315
103,644

2,209
3,133

16,756
23,648

4,731
12,185

1,217
2,003

221.6
187.8

19,032

7,768

1,060

10.9

10,888

4,387

684

1,510

Petroleum

341,685

340,447

10,269

4,762

11,414

241.8

252,603

233,056

6,988

89,484

4,655

11,383

176.9

Manufacturing
Food and kindred products
Chemicals and allied products
Primary and fabricated metals
Industrial machinery and equipment
Electronic and other electric
equipment
Transportation equipment
Other manufacturing

982,117 1,087,302
129,038
133,141
236,473
200,698
51,675
43,506
131,304
173,128

56,908
7,492
19,537
1,870
8,266

136,201
3,501
15,429
3,253
21,487

156,492
5,161
10,117
3,597
34,919

4,652.9
646.6
609.3
228.4
602.1

839,666
95,898

123,477

954,037
108,529
179,830
35,206
163,797

52,342
6,362
18,517
1,546
8,088

251,442
26,570
55,040
10,729
34,758

131,652
3,187
14,707
3,004
21,211

147,637
4,788
9,661
3,274
34,193

3,977.3
434.9
543.6
190.0
563.6

90,176
147,949
195,501

110,418
241,818
184,593

3,231
5,604
10,909

21,574
54,872
16,085

25,787
62,580
14,329

781.8
752.4
1032.4

82,424
118,489
166,060

103,537
204,365
158,773

3,003
5,472
9,355

22,774
41,618
59,952

21,462
52,939
15,141

24,972
57,746
13,002

721.4
642.0
881.7

Wholesale trade

244,358

438,792

16,207

69,521

16,740

601.2

238,236

420,288

15,893

59,109

68,119

16,468

569.7

Latin America and Other Western
Hemisphere
Of which:
Brazil
Mexico

International

D

10.1

By industry

209,859
43,460

Finance (except depository
institutions), insurance, and real

1,794,120

154,402

51,409

31

239.5

1,732,655

146,236

49,514

22,912

27

Services

194,427

150,262

7,500

2,047

814

1086.6

173,177

135,679

7,120

52,509

2,010

813

962.8

Other industries

444,134

272,145

12,998

4,590

2,142

1,566.0

198,472

138,486

5,099

35,279

4,172

1,840

991.1

D Suppressed to avoid disclosure of data of individual companies.
NOTE.—The data in this table are from "U.S. Multinational Companies: Operations in 1998" in the July 2000
issue of the SURVEY OF CURRENT BUSINESS.




222.0

D—60

•

International Data

SURVEY OF CURRENT BUSINESS

January 2001

Table G.4.—Foreign Direct Investment in the United States: Selected Items, by Country of Foreign Parent and by Industry of
Affiliate, 1997-99
[Millions of dollars]
Direct investment position on a
historical-cost basis

All countries, all industries ..

1997

1998

689,834

793,748

Capital inflows (outflows (-))
1997
103,513

1999
181,764

271,169

Income
1997

1998

1999

40,359

32,782

51,004

By country
Canada
Europe
Of which:
France
Germany
Luxembourg
Netherlands
Switzerland
United Kingdom
Latin America and Other Western Hemisphere
Of which:
Bermuda
Mexico
Panama
United Kingdom Islands—Caribbean

65,144

74,143

79,716

10,838

16,012

12,228

2,840

1,563

1,482

433,876

528,601

685,845

71,860

160,722

234,548

30,883

25,722

42,504

49,515
70,901
11,433
87,584
37,874
130,883

58,051
94,404
26,650
98,926
48,403
143,165

77,622
111,138
54,894
130,703
55,280
183,145

10,932
12,186
5,334
12,710
8,611
11,395

10,371
42,110
14,299
9,606
6,392
65,701

19,310
22,701
25,888
32,845
4,930
116,605

2,851
3,361
476
6,957
3,110
10,925

1,475
4,860
1,162
5,618
1,582
6,929

3,035
6,244
2,766
8,638
5,181
12,355

33,008

27,854

44,591

3,819

-2,817

16,787

1,730

907

1,155

3,506
3,244
5,898
11,425

3,740
2,432
6,504
9,009

13,054
3,612
5,896
13,883

1,853
323
328
3,457

-139
1,057
1,121
-2,082

9,737
1,214
-124
4,351

232
199
725
149

172
246
872
-339

222
260
753
244
-78

Africa

1,464

862

1,545

434

-593

415

-352

-90

Middle East .

6,585

6,346

7,087

768

509

371

576

371

165

149,757

155,943

167,884

15,795

7,931

6,820

4,682

4,309

5,777

13,977
126,464

12,883
134,590

10,818
148,947

1,821
10,559

904
7,563

-2,507
9,529

36
5,513

-245
5,160

-569
5,892

42,632

51,729

55,940

3,847

58,813

5,558

4,110

1,383

5,113

271,287
26,196
86,558
20,466
51,693
86,373

334,898
22,026
95,662
19,340
62,067
135,803

391,013
16,717
103,465
21,808
76,584

34,218
-1,793
11,804
2,067
11,147
10,992

87,010
-5,031
10,340
853
19,675
61,173

72,610
-2,285
9,416
1,619
24,132

17,842
1,384
5,270
1,486
2,691
7,011

19,795
594
6,815
1,784
1,417
9,184

27,570
1,631
6,604
1,458
2,362
15,514

13,020

10,364

4,148

4,435

7,381

3,181

4,123

446

766

1,830

7,626

4,618

3,860

2,694

2,934

6,970

2,388

1,949

-1,975

-138

12,922

5,537

4,599

3,795

4,383

5,149

2,980

4,680

6,764

11,901

-832

Asia and Pacific ,
Of which:
Australia
Japan
By industry
Petroleum .
Manufacturing
Food and kindred products
Chemicals and allied products .
Primary and fabricated metals .
Machinery
Other manufacturing
Wholesale trade

86,248

Retail trade

17,546

21,090

Depository institutions

38,956

43,804

Finance, except depository institutions ,

44,024

45,895

Insurance

71,327

77,785

Real estate

38,922

43,558

Services

35,410

41,271

Other industries

43,481

43,741

108,936

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. In
addition, unlike in the international investment position, the direct investment position is valued
at historical cost.




172,440

23,386
60,118
52,133
101,760
44,720
57,558
91,106

39,729
11,853
2,478
18,331
8,793
27,014
1,341
16,876
106,315

584

490

985

1,067

2,157

1,835

333

-1,166

The data in this table are from tables 16 and 17 in "Foreign Direct Investment in the United
States: Detail for Historical-Cost Position and Related Capital and Income Flows, 1999" in the
September 2000 issue of the SURVEY OF CURRENT BUSINESS.

D-61

International Data

SURVEY OF CURRENT BUSINESS

January 2001

Table G.5.—Selected Financial and Operating Data of Nonbank U.S. Affiliates and Majority-Owned Nonbank U.S. Affiliates of Foreign Companies by
Country of Ultimate Beneficial Owner and by Industry of Affiliate, 1998
All nonbank affiliates

Majority-owned nonbank affiliates
Millions of dollars

Millions of dollars

All countries, all industries

Total
assets

Sales

3,525,885

1,881,865

Thousands of
employees

Net

Gross
product

33,276

418,138

5,633.0

U.S. ex- U.S. imports of ports of
goods
goods
shipped shipped
by
to
affiliates affiliates
150,836

289,679

Millions of dollars
Millions of dollars

Total
assets

Sales

3,043,966

1,623,767

Thousands of
employees

Net

Gross
product

23,970

352,756

4,655.0

U.S. ex- U.S. imports of ports of
goods
goods
shipped shipped
by
to
affiliates affiliates
137,912

277,599

By country
Canada
Europe
Of which:
France
Germany
Netherlands
Sweden
Switzerland
United Kingdom

371,546

153,157

2,868

40,425

661.9

8,118

15,484

347,913

133,495

2,758

34,635

541.4

7,846

15,063

2,234,177

1,080,158

25,779

267,066

3,563.5

80,329

119,590

2,019,390

929,236

19,460

228,162

2,936.0

72,698

117,772

387,383
427,162
320,861
45,528
454,836
493,554

142,434
282,786
145,575
34,423
105,372
269,069

1,505
8,780
1,200
359
4,395
8,499

37,349
66,597
29,464
7,679
28,039
76,214

525.7
782.4
406.8
105.3
375.5
986.8

15,140
28,987
4,124
3,880
5,640
16,700

12,649
55,246
10,842
6,562
6,815
15,555

334,708
402,534
294,479
45,177
415,446
447,428

106,113
254,117
114,442
33,848
87,216
254,152

232
7,341
549
339
2,491
6,774

25,347
57,658
26,314
7,542
22,955
71,064

306.4
638.3
396.8
103.7
285.3
916.3

()
27,875
3,952
3,860
5,280
16,254

12,381
54,783
10,790
6,514
6,654
15,070

5,537

10,276

57,272

52,367

872

15,421

204.7

5,272

8,458

()
7,053
3,240
6,714

18,242
8,160
2,536
2,711

721
102
-195
221

5,793
1,300
(D)
1,017

116.3
24.4
J
15.7
I

Latin America and Other Western Hemisphere
Of which:
Bermuda
Mexico
Panama
United Kingdom Islands—Caribbean
Venezuela

75,307

60,235

972

16,995

222.0

24,778
7,807
3,362
8,158
12,175

18,474
9,217
2,601
3,223
15,360

679
132
-191
-40
554

5,806
1,582
943
1,009
5,301

118.3
29.2
13.4
19.1
9.1

()
720
599
17
115

857
3,001
200
350
(D)

Africa

12,923

12,233

263

2,543

20.7

788

875

Middle East.

17,959

16,094

439

4,614

73.1

814

2,358

15,149

10,869

D

D

855
599
16
(D)

£2
349

D

( )
552

2,422

52.7

792

Asia and Pacific
Of which:
Australia
Japan

670,164

535,198

-392

78,714

1,031.0

54,303

140,248

587,556

483,007

530

67,496

871.0

50,051

133,994

59,088
560,799

27,764
453,381

-720
2,059

6,633
65,482

83.8
835.9

1,404
45,989

1,307
122,315

50,895
491,406

22,698
412,991

-713
2,691

5,421
56,617

67.4
715.2

679
42,775

117,569

United States

143,808

24,791

3,346

7,780

60.7

946

Manufacturing
Of which:
Food
Chemicals
Primary and fabricated metals
Machinery
Computers and electronic products
Electrical equipment, appliances, and
components
Transportation equipment

878,864

834,396

17,025

224,372

2,539.6

87,581

126,924

793,094

730,082

14,934

201,870

2,285.3

80,843

118,125

44,315
199,557
66,493
42,770
81,604

49,815
141,875
66,578
49,751
97,391

743
3,226
1,644
855
-1,922

10,796
42,935
17,250
14,622
19,402

159.0
380.0
224.1
209.7
282.9

3,023
14,930
5,212
7,936
14,306

2,498
14,429
8,893
7,438
26,771

41,771
186,187
50,641
39,535
73,184

46,103
130,516
48,372
45,604
87,159

677
2,836
1,091
1,053
-1,895

9,716
39,637
13,104
13,667
17,810

141.3
349.0
188.5
196.1
259.4

2,931
13,538
3,915
7,133
13,417

2,439
13,936
6,941
6,675
26,100

30,535
143,045

32,865
169,701

1,157
6,957

9,925
36,056

167.6
368.2

4,957
24,609

2,967
45,241

29,618
138,545

31,570
160,177

1,100
6,569

9,545
33,862

162.4
344.8

4,748
23,638

2,934
43,140

Wholesale trade

283,125

50,332

152,884

743

By industry'

Retail trade
Information
Of which:
Publishing industries
Broadcasting and telecommunications
Finance (except depository institutions) and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
Other industries

491,520

3,884

51,292

526.9

56,127

155,164

268,168

462,280

2,817

47,122

467.9

51,304

97,275

1,373

26,032

679.2

1,401

4,089

38,872

68,812

723

17,043

493.5

156,163

74,060

-788

23,186

266.9

870

208

99,165

49,587

34

13,746

179.3

51,457
77,942

23,676
35,036

1,034
-2,438

9,595
9,616

105.1
106.0

717
1

(D)
28,139

19,853
14,685

-103
^85

6,948
2,795

95.9
29.6

1,789,405

187,956

10,292

23,954

234.9

49

1,556,470

162,016

4,895

19,970

198.2

4

49

123,474

21,121

1,411

9,679

39.1

27

224

101,316

17,582

1,047

7,678

35.4

27

224

24,332

20,541

-202

7,961

104.5

283

232

19,093

17,486

3

6,665

80.7

263

(D)

281

51,662

1,241.9

4,542

2,790

167,788

115,922

-482

38,663

914.7

4,428

2,543

219,218

154,995

3,399

()

D Suppressed to avoid disclosure of data of individual companies.

nies; see "U.S. Affiliates of Foreign Companies: Operations in 1998," in the August 2000 issue of the

1. TtoJ^.*s^^n«
!hY2e^^^^
i. Prior to i g s ^ m e arnjate aata were ciassiriea using an maustry classification system

gg9 . G _ 1 0 0 0 t0 2 4 9 9 ; H _ 2 i 5 o o

^ i z f r a n g e f S given in employment cel.s that are suppressed. The size ranges are: A - 1 to 499;F—500 to
to 4,999; 1-5,000 to 9,999; J—10,000 to 24,999; K-25,000 to 49,999;

to 99,999; M—100,000 or more.

NOTE—The data in this table are from BEA's annual survey of the operations of U.S. affiliates of foreign compa-




D-62

International Data

January 2001

SURVEY OF CURRENT BUSINESS

H. International Perspectives,
Quarterly data in this table are shown in the middle month of the quarter.

Table H.1.—International Perspectives
2000

1999
1998

1999
Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

Exchange rates per U.S. dollar (not seasonally adjusted)

June

July

Aug.

Sept.

Oct.

[

Canada (Can.$/US$)
Euro zone (US$/Euro)2
Japan (¥/US0)
Mexico (Peso/US$)
United Kingdom (US$/£) ....

1.3099
9.1520
1.6573

1.4858
1.0653
1.1373
9.5530
1.6172

1.4771
1.0497
1.0688
9.3410
1.6247

1.4776
1.0706
1.0597
9.5750
1.6572

1.4674
1.0328
1.0465
9.4160
1.6205

1.4722
1.0110
1.0258
9.4270
1.6132

1.4486
1.0131
1.0530
9.4940
1.6404

1.4512
.9834
1.0939
9.4270
1.6000

1.4608
.9643
1.0631
9.2890
1.5799

1.4689
.9449
1.0563
9.3940
1.5823

1.4957
.9059
1.0832
9.5060
1.5090

1.4770
.9505
1.0613
.9834
1.5092

1.4778
.9386
1.0821
.9419
1.5076

1.4828
.9045
1.0808
.9272
1.4889

1.4864
.8695
1.0684
.9361
1.4336

1.5125
.8525
1.0844
.9537
1.4506

Addendum:
Exchange value of the U.S. dollar3

116.48

116.87

116.38

115.88

116.08

116.09

115.95

117.44

117.44

118.10

120.70

119.43

119.86

120.64

122.08

123.83

7.1
11.0
10.5

6.6
9.6
9.6

6.8
9.7
9.5

6.9
9.4
9.3

4.7
2.2
4.2

4.7
2.1
3.8

4.7
2.0
3.7

7.1
9.6
9.5
10.5
4.6
2.6
3.6

6.8
9.5
9.4

4.7

7.6
11.2
10.5
11.4
4.7
2.5
4.3

7.4
11.1
10.5

4.7
2.5
3.6

4.7
2.0
3.6

4.5

4.2

4.2

4.0

4.0

4.1

3.9

3.9

1.4836

Unemployment rates (percent, monthly data seasonally adjusted)
Canada
France
Germany
Italy
Japan
Mexico
United Kingdom .
Addendum:
United States .

8.3
11.8
11.1
11.8
4.1

6.8
10.6
10.2

6.8
10.5
10.1

4.6
2.5
4.2

6.9
10.8
10.4
11.0
4.6
2.1
4.1

4.7
2.0
4.1

4.1

4.1

4.1

6.8
10.0
10.1

6.8
9.9
9.6

4.7
2.3
4.0

6.8
10.2
10.0
11.2
4.9
2.4
4.0

4.9
2.2
3.9

4.8
2.5
3.8

6.6
9.8
9.6
10.7
4.6
2.1
3.8

4.0

4.1

4.1

3.9

4.1

Consumer prices (monthly data seasonally adjusted, 1995=100)
Canada
France
Germany
Italy
Japan
Mexico
United Kingdom

104.2
104.0
104.3
108.2
102.5
187.9
109.3

106.1
104.6
104.9
110.0
102.2
219.1
111.0

106.9
104.7
105.1
110.4
102.4
223.2
111.5

107.0
104.8
105.0
110.8
102.6
224.6
111.7

106.9
104.8
105.2
111.0
102.0
226.6
111.8

107.0
105.4
105.5
111.1
101.7
228.8
112.2

106.9
105.4
105.8
111.3
101.4
231.9
111.8

107.5
105.5
106.2
111.7
101.3
234.0
112.4

108.2
106.0
106.4
112.0
101.5
235.3
113.0

107.9
106.0
106.4
112.1
101.7
236.6
114.1

108.4
106.2
106.3
112.5
101.8
237.5
114.5

109.1
106.4
106.9
112.8
101.5
238.9
114.8

109.5
106.2
107.4
113.0
101.3
239.8
114.4

109.3
106.4
107.2
113.1
101.3
241.1
114.4

109.8
107.0
107.7
113.3
101.6
242.9
115.2

110.0
106.8
107.5
113.7
101.7
244.6
115.1

Addendum:
United States

107.0

109.3

110,1

110.3

110.5

110.8

111.0

111.6

112.3

112.3

112.5

113.1

113.4

113.3

113.9

114.1

Real gross domestic product (percent change from preceding quarter, quarterly data seasonally adjusted at annual rates)
Canada
France
Germany
Italy
Japan
Mexico
United Kingdom

3.3
3.1
1.8
1.5
-1.1
4.8
2.6

Addendum:
United States

4.4

See footnotes at the end of the table.




4.2

5.1
4.2
3.1
2.3
-5.8
5.2
3.3

5.5
2.2
3.6
4.4
10.0
7.9

8.3

1.6

4.6
3.3
4.6
1.0
.9
7.6
4.1

4.8
2.7
2.3
2.4
1.0
7.0
2.8

4.8

5.6

2.2

January 2001

D-63

International Data

SURVEY OF CURRENT BUSINESS

Table H.1.—International Perspectives—Continued
1999
1998

2000

1999
Sept.

Oct.

Nov. Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug. Sept.

Oct.

Short-term, 3-month, interest rates (percent, not seasonally adjusted)
Canada
Euro zone
Japan
Mexico
United Kingdom ...
Addendum:
United States ...

4.68
2.73
.12
21.34
5.32

4.76
3.38
.28
20.30
5.94

4.86
3.47
.34
18.68
5.78

5.12
3.44
.26
17.65
5.96

5.04
3.34
.12
17.43
6.05

5.07
3.54
.10
16.44
6.15

5.35
3.75

5.39
3.93

5.84
4.35

5.83
4.50

5.79
4.58

5.81
4.78

5.79
4.85

5.83
5.04

26.11
7.33

4.83
2.97
.25
22.38
5.45

14.46
6.15

14.37
6.20

15.58
6.23

16.61
6.13

14.62
6.11

15.71
6.13

16.15
6.12

17.06
6.08

4.81

4.66

4.73

4.88

5.07

5.23

5.34

5.57

5.72

5.67

5.92

5.74

5.93

6.11

5.99

6.10

5.79
5.42
5.92

4.98
3.83
.72

Long-term interest rates, government bond yields (percent, not seasonally adjusted)
Canada
Euro zone
France
Germany
Italy
Japan
United Kingdom

5.45
4.70
4.82
4.60
4.88
1.54
5.52

5.68
4.66
4.94
4.50
4.73
1.75
5.08

5.88
5.24
5.35
5.00
5.28
1.76
5.65

6.26
5.47
5.67
5.30
5.52
1.69
5.83

6.15
5.18
5.66
5.00
5.25
1.82
5.28

6.22
5.30
5.81
5.20
5.36
1.77
5.38

6.48
5.70
6.11
5.50
5.75
1.69
5.82

6.19
5.66
5.96
5.50
5.73
1.80
5.62

5.93
5.49
5.73
5.30
5.58
1.80
5.36

5.90
5.41
5.84
5.20
5.47
1.70
5.30

6.10
5.52
5.92
5.40
5.67
1.70
5.40

5.89
5.35
5.94
5.20
5.51
1.70
5.20

5.84
5.45
6.00
5.20
5.59
1.70
5.20

5.77
5.40
6.04
5.30
5.56
1.80
5.29

5.81
5.47
5.93
5.20
5.63
1.90
5.34

Addendum:
United States

5.26

5.65

5.92

6.11

6.03

6.28

6.66

6.52

6.26

5.99

6.44

6.10

6.05

5.83

5.80

5.74

"5.58

Share price indices (not seasonally adjusted, 1995=100)
Canada
France
Germany
Italy
Japan
Mexico
United Kingdom

152.4
192.2
197.7
221.0
85.0
191.1
150.5

159.2
234.6
204.9
246.0
100.0
240.3
168.4

156.9
242.3
203.2
243.0
108.0
227.6
166.7

163.7
243.0
202.7
235.0
110.0
245.6
164.3

169.7
264.9
218.1
241.0
117.0
276.5
175.0

189.8
289.3
234.8
271.0
119.0
321.3
185.1

191.3
295.1
253.6
283.0
120.0
296.7
183.7

205.9
316.7
279.6
320.0
124.0
332.0
178.2

213.4
329.7
293.8
337.0

210.8
318.2
272.9
309.0

208.7
324.2
265.8
316.0

229.9
333.4
266.0
321.0

234.7
332.6
262.9
328.0

253.7
336.5
261.8
325.0

234.1
336.5
256.6
327.0

217.4
316.5
242.6
317.0

336.7
189.8

299.2
178.7

268.6
175.2

313.1
182.1

293.5
182.3

300.3
180.7

285.4
179.2

288.1
172.5

Addendum:
United States

189.0

213.0

209.0

206.0

218.0

219.0

218.0

208.0

214.0

222.0

220.0

223.0

224.0

229.0

233.0

222.0

1. All exchange rates are from the Board of Governors of the Federal Reserve System.
2. Rates for selected euro-area currencies can be derived by using the following conversion rates: 1 euro =
6.55957 French francs, 1.95583 German marks, and 1936.27 Italian lire.
3. The rate shown for the United States is an index of the weighted average of the foreign exchange value
of the U.S. dollar against the currencies of a broad group of major U.S. trading partners, January 1997=100 and
reflects revised trade weights. For more information on the exchange rate indexes, see "New Summary Measures




of the Foreign Exchange Value of the Dollar," Federal Reserve Bulletin, vol. 84 (October 1998), pp. 811-18.
NOTE—U.S. interest rates, unemployment rates, and GDP growth rates are from the Federal Reserve, the Bureau
of Labor Statistics, and BEA, respectively. GDP growth rates for other countries are calculated from levels published
by those countries. Most other data (including U.S. consumer prices and U.S. share prices, both of which have
been rebased to 1995 to facilitate comparison) are © OECD and are reproduced with permission.

D—64 • International Data

SURVEY OF CURRENT BUSINESS

January 2001

I. Charts

THE U.S. IN THE INTERNATIONAL ECONOMY
?! COMPONENTS OF CURRENT ACCOUNT BALANCE

CAPITAL FLOWS ON U.S. DIRECT INVESTMENT ABROAD
AND FOREIGN DIRECT INVESTMENT IN THE UNITED STATES
Net foreign purchases of U.S. securities

Net U.S. purchases of foreign securities

FDIUS

EXPORTS AND IMPORTS OF GOODS AND SERVICES




i

NET INTERNATIONAL INVESTMENT POSITION
VALUED AT CURRENT COST

11
Exports

s
n

Foreign assets in the United States
U.S. assets abroad

Net investment position

v

^^

January 2001

Regional Data • D—65

SURVEY OF CURRENT BUSINESS

Regional Data
J. State and Regional Tables,
The tables in this section include the most recent estimates of State personal income and gross state product.
The sources of these estimates are noted.
The quarterly and annual State personal income estimates and the gross state product estimtes are available on
CD-ROM. For information on State personal income, E-mail reis.remd@bea.doc.gov; write to the Regional
Economic Information System, BE-55, Bureau of Economic Analysis, U.S. Department of Commerce,
Washington, DC 20230; or call 202-606-5360. For information on gross state product, E-mail
gspread@bea.doc.gov; write to the Regional Economic Analysis Division, BE-61, Bureau of Economic Analysis,
U.S. Department of Commerce, Washington, DC 20230; or call 202-606-5340.

Table J.1.—Quarterly Personal Income by State and Region
Percent change l

Millions of dollars, seasonally ad] usted at annual rates

II

III

1999

1998

1997

Area name

IV

I

II

in

IV

I

II

2000
III

IV

I

II

1999:1V2000:1

2000:12000:11

1.7

1.7

490,732
134,448
32,277
236,822
40,301
30,695
16,190

2.7
1.6
1.8
3.6
3.8
1.6
1.6

.9
.5
1.5
1.0
.8
1.5
1.5

Mideast
Delaware
District of Columbia
Maryland
New Jersey
New York
Pennsylvania

1,302,937 1,320,701 1,345,178 1,363,080 1,386,674 1,401,655 1,414,291 1,440,769 1,448,788 1,470,205 1,484,411 1,503,711 1,527,984
24,245
23,794
23,377
22,507
21,886
23,672
22,879
22,721
22,109
21,508
20,701
20,371
19,799
19,817
19,546
19,149
21,402
20,781
20,535
20,253
19,973
19,323
18,969
21,333
21,176
19,269
166,527
161,870
159,573
157,312
152,084
147,724
176,220
171,422
169,323
164,308
154,300
149,168
174,181
295,387
289,804
286,897
285,924
281,672
280,493
303,131
276,258
272,605
266,584
297,743
261,930
258,243
621,524
623,232
610,755
589,800
572,430
646,079
634,643
611,201
594,101
585,158
566,680
555,426
546,776
356,907
341,195
334,168
352,139
349,399
345,396
336,363
329,863
326,513
322,913
311,426
319,860
314,656

1.3
-.5
.7
1.6
1.8
.8

1.6
2.4
.3
1.2
1.8
1.8
1.4

Great Lakes
Illinois
Indiana
Michigan
Ohio
Wisconsin

1,129,996 1,144,791 1,163,154 1,181,878 1,196,594 1,210,518 1,230,522 1,235,034 1,252,885 1,264,663 1,286,855 1,300,287 1,325,552
397,364
359,244
353,864
377,699
375,960
370,970
364,332
337,730
389,783
386,346
369,660
349,052
342,865
152,297
162,567
154,259
149,951
159,535
158,920
155,901
152,382
147,598
145,223
142,642
139,941
138,479
275,989
294,633
288,086
282,718
279,448
271,028
268,778
262,393
261,896
259,940
254,595
251,693
248,519
320,033
311,520
306,827
303,911
299,831
295,582
291,808
288,888
285,030
280,665
277,316
315,185
300,313
142,767
147,350
138,260
136,048
133,962
127,953
150,955
147,698
144,789
140,340
139,956
131,835
129,628

1.0
.9
.4
1.9
1.2
.2

1.9
1.9
1.9
2.3
1.5
2.2

540,282
76,993
74,341
155,535
151,295
47,221
15,469
19,428

-.1
-1.1
-1.4
.7
.9
-1.6
-1.0
-.8

1.9
2.4
1.9
1.8
1.9
1.7
.8
1.8

1,519,559 1,539,593 1,566,737 1,595,658 1,621,786 1,646,448 1,668,295 1,680,215 1,702,597 1,718,561 1,748,282 1,773,785 1,804,349
100,910
100,082
98,744
97,922
96,767
103,936
102,323
102,073
95,654
94,687
90,640
92,849
91,516
55,144
53,074
52,201
51,181
50,688
56,659
54,096
53,534
56,422
55,769
59,358
58,559
58,158
417,831
404,437
422,398
411,752
408,470
399,533
393,458
380,496
374,689
427,189
385,983
441,593
432,720
218,194
211,262
205,267
197,381
188,417
184,824
228,147
213,865
208,396
201,949
193,708
181,981
224,299
86,041
96,664
91,322
90,069
89,563
87,406
94,085
92,669
88,769
84,543
83,248
82,370
95,155
98,141
99,707
97,292
91,600
99,937
98,443
98,828
95,803
94,411
92,589
103,633
102,062
101,460
56,257
54,614
53,961
51,714
58,531
57,574
56,913
51,281
59,346
58,590
56,092
55,420
52,723
190,544
187,548
184,327
178,079
203,834
198,615
195,730
196,638
193,549
180,325
212,142
208,246
197,595
87,557
85,651
90,876
88,922
84,111
82,805
81,415
80,388
93,512
92,258
89,315
96,593
94,665
134,541
132,842
130,283
125,808
139,372
136,391
128,559
124,291
148,258
145,600
143,283
141,339
136,943
202,302
197,756
194,315
190,849
186,798
184,257
181,204
215,382
209,438
205,506
201,698
178,471
212,848
36,907
36,187
37,267
36,485
35,273
35,080
39,297
38,524
37,656
37,138
35,660
38,720
38,088

1.5
.2
.7
1.3
2.8
1.1
.6
.1
2.2
1.2
1.6
1.6
.5

1.7
1.6
1.4
2.1
1.7
1.6
1.5
1.3
1.9
2.0
1.8
1.2
1.5

United States
New England
Connecticut
Maine
Massachusetts
New Hampshire
Rhode Island
Vermont

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

6,870,797 6,970,442 7,090,024 7,222,862 7,331,807 7,437,309 7,542,770 7,620,356 7,722,844 7,820,923 7,968,485 8,101,562 8,237,804
404,719
115,481
27,643
189,724
32,060
26,189
13,624

458,694
67,512
63,277
128,028
130,011
40,472
13,196
16,198

409,838
116,727
27,783
192,597
32,664
26,316
13,752

465,269
68,070
64,194
130,423
131,704
40,930
13,479
16,470

417,782
119,086
28,282
196,100
33,378
26,834
14,101

472,452
69,435
65,104
132,548
133,794
41,381
13,641
16,549

423,846
120,087
28,603
199,617
34,037
27,125
14,377

479,898
69,247
66,163
136,155
135,136
41,877
14,246
17,073

431,043
121,443
29,172
203,669
34,756
27,434
14,570

487,019
70,233
67,179
138,506
137,171
42,506
14,265
17,159

438,955
123,451
29,653
207,586
35,652
27,858
14,754

493,759
71,402
68,109
140,132
139,291
43,180
14,384
17,261

444,618
125,273
29,986
209,885
36,330
28,253
14,892

504,491
73,440
69,668
142,974
140,915
44,235
15,188
18,071

448,798
125,997
29,922
213,107
36,299
28,449
15,023

501,590
71,743
69,382
143,178
141,628
43,723
14,282
17,653

455,967
127,915
30,624
216,394
36,945
28,795
15,293

510,591
72,790
70,429
146,146
143,515
44,656
14,765
18,290

466,775
130,305
31,529
222,322
37,710
29,435
15,475

513,650
73,393
70,970
147,277
144,538
44,687
14,531
18,254

473,238
131,713
31,238
226,310
38,532
29,750
15,695

530,874
76,071
73,993
151,600
147,259
47,192
15,512
19,247

486,241
133,809
31,798
234,466
39,989
30,231
15,948

530,288
75,204
72,945
152,729
148,533
46,435
15,351
19,092

.8

Southwest
Arizona
New Mexico
Oklahoma
Texas

671,020
102,583
34,734
69,316
464,387

683,942
104,469
35,069
70,128
474,276

696,568
106,800
35,400
71,507
482,861

716,197
109,380
36,298
72,957
497,563

725,951
111,427
36,485
73,747
504,292

738,173
113,699
36,822
74,582
513,071

748,146
116,036
37,244
75,247
519,619

756,172
116,154
37,158
75,798
527,062

769,039
119,868
37,925
76,670
534,575

776,955
121,625
38,252
77,118
539,960

793,047
123,794
38,747
78,723
551,782

810,306
127,883
39,102
78,793
564,528

825,233
128,754
39,826
80,349
576,303

2.2
3.3
.9
.1
2.3

1.8
.7
1.9
2.0
2.1

Rocky Mountain
Colorado
Idaho
Montana
Utah
Wyoming

204,783
107,552
25,065
17,559
43,268
11,339

209,182
110,182
25,408
17,845
44,208
11,539

212,079
111,968
25,697
18,144
44,618
11,653

218,624
116,244
26,515
18,400
45,726
11,739

220,863
117,100
26,746
18,656
46,480
11,881

224,181
119,172
27,058
18,711
47,193
12,047

228,535
121,539
27,623
19,252
47,925
12,198

230,919
123,357
27,865
19,078
48,281
12,337

236,318
126,648
28,360
19,477
49,289
12,545

239,603
128,732
28,718
19,223
50,134
12,796

246,100
133,084
29,386
19,973
50,697
12,960

249,818
134,683
30,149
20,010
51,766
13,210

254,710
137,563
30,530
20,370
52,898
13,349

1.5
1.2
2.6
.2
2.1
1.9

2.0
2.1
1.3
1.8
2.2
1.0

Far West
Alaska
California
Hawaii
Nevada
Oregon
Washington

1,179,089 1,197,125 1,216,074 1,243,682 1,261,878 1,283,622 1,303,871 1,326,861 1,346,659 1,370,511 1,405,679 1,447,126 1,468,963
17,754
17,154
17,062
17,071
17,608
17,449
17,381
18,822
18,504
18,003
16,658
16,552
16,470
947,197
915,372
996,567 1,022,897 1,058,501 1,073,562
980,950
931,826
902,618
869,194
965,113
882,788
855,418
31,779
31,730
31,649
33,810
33,281
33,115
33,005
32,480
32,013
32,102
31,371
31,296
31,149
55,632
52,626
51,340
50,078
60,212
56,448
54,723
53,859
48,719
47,633
58,731
57,706
46,785
84,744
83,817
90,217
86,651
85,576
95,711
88,863
87,421
81,234
94,123
91,953
82,388
79,819
161,629
158,449
170,141
164,660
186,846
176,520
171,126
166,683
154,225
151,141
149,449
183,986
182,005

1. Percent changes are expressed at quarterly rates and are computed from unrounded data.
NOTE—The personal income level shown for the United States is derived as the sum of the State estimates.
It differs from the estimate of personal income in the national income and product accounts (NIPA's) because of
differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability
of source data. In particular, it differs from the NIPA estimate because, by definition, it omits the earnings of Federal




2.9
2.8

3.5
.5
1.8
2.4
1.1

1.5
1.7
1.4
1.6
2.5
1.7
1.6

civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S.
firms.
Source: Table 1 in "State Personal Income, Second Quarter 2000" in this issue of the SURVEY OF CURRENT
BUSINESS.

D—66

• Regional Data

January 2001

SURVEY OF CURRENT BUSINESS

Table J.2.—Annual Personal ncome and Disposable Personal Income for States and Regions
Disposable personal income

Personal income
Percent changel

Millions of dollars

Area name
1997

1998

1999

6,928,762

7,383,687

7,783,152

6.6

408,160
116,347
27,774
191,613
32,389
26,284
13,752

434,615
122,564
29,353
205,189
35,194
27,667
14,648

461,194
128,983
30,828
219,533
37,372
29,107
15,371

Mideast
Delaware
District of Columbia
Maryland
New Jersey
New York
Pennsylvania

1,315,305
20,143
19,081
148,826
260,727
553,004
313,523

1,391,425
22,003
19,665
158,264
277,757
585,372
328,364

Great Lakes
Illinois
Indiana
Michigan
Ohio
Wisconsin

1,138,409
340,490
139,454
250,211
279,342
128,912

Percent changei

Millions of dollars
1997

1998

1999

5.4

5,960,966

6,313,822

6,632,353

5.9

5.0

6.5
5.3
5.7
7.1
8.7
5.3
6.5

6.1
5.2
5.0
7.0
6.2
5.2
4.9

342,534
95,651
24,201
159,690
28,192
22,843
11,956

361,447
99,372
25,359
169,586
30,568
23,890
12,672

382,203
104,030
26,520
180,895
32,398
25,109
13,251

5.5
3.9
4.8
6.2
8.4
6.0

5.7
4.7
4.6
6.7
6.0
5.1
4.6

1,461,043
23,192
20,686
167,895
289,503
616,678
343,088

5.8
9.2
3.1
6.3
6.5
5.9
4.7

5.0
5.4
5.2
6.1
4.2
5.3
4.5

1,114,005
16,986
16,066
125,597
220,986
463,929
270,442

1,168,787
18,600
16,321
132,608
233,040
486,687
281,531

1,221,832
19,608
17,078
140,236
241,717
509,868
293,326

4.9
9.5
1.6
5.6
5.5
4.9
4.1

4.5
5.4
4.6
5.8
3.7
4.8
4.2

1,204,878
361,775
148,767
263,252
294,027
137,056

1,259,859
377,744
155,365
277,296
305,643
143,811

5.8
6.3
6.7
5.2
5.3
6.3

4.6
4.4
4.4
5.3
4.0
4.9

975,316
291,402
119,821
214,495
239,874
109,723

1,026,548
307,669
127,277
223,930
251,603
116,069

1,069,723
319,997
132,401
235,117
260,595
121,615

5.3
5.6
6.2
4.4
4.9
5.8

4.2
4.0

462,250
67,930
63,721
129,136
131,131
40,722
13,330
16,280

491,292
71,080
67,780
139,442
138,128
42,949
14,521
17,391

514,176
73,499
71,194
147,050
144,235
45,065
14,773
18,361

6.3
4.6
6.4
8.0
5.3
5.5
8.9
6.8

4.7
3.4
5.0
5.5
4.4
4.9
1.7
5.6

399,702
59,286
55,106
109,299
113,988
35,530
11,852
14,642

423,294
61,982
58,538
117,439
119,486
37,255
12,954
15,640

443,002
63,977
61,430
124,702
124,377
38,936
13,112
16,468

5.9
4.5
6.2
7.4
4.8
4.9
9.3
6.8

4.7
3.2
4.9
6.2
4.1
4.5
1.2
5.3

1,532,182
91,283
51,059
377,681
183,762
82,905
92,290
51,589
179,688
81,049
125,449
180,226
35,200

1,633,047
96,257
53,962
401,474
199,576
87,945
97,516
55,063
192,070
86,560
133,514
192,429
36,679

1,712,414
100,452
56,752
419,792
212,929
92,036
99,887
57,278
198,943
91,490
140,234
204,736
37,884

6.6
5.4
5.7
6.3
8.6
6.1
5.7
6.7
6.9
6.8
6.4
6.8
4.2

4.9
4.4
5.2
4.6
6.7
4.7
2.4
4.0
3.6
5.7
5.0
6.4
3.3

1,336,078
80,341
45,067
329,690
158,356
71,894
81,435
46,237
155,308
70,884
111,625
154,063
31,181

1,418,043
84,653
47,480
348,142
171,212
76,046
86,198
49,250
165,273
75,530
118,615
163,213
32,432

1,481,552
88,142
49,834
362,376
182,071
79,348
88,190
51,128
170,056
79,872
124,332
172,777
33,425

6.1
5.4
5.4
5,6
8.1
5.8
5.8
6.5
6.4
6.6
6,3
5.9
4.0

4.5
4.1
5.0
4.1
6.3
4.3
2.3
3.8
2.9
5.7
4.8
5.9
3.1

Southwest .
Arizona
New Mexico
Oklahoma
Texas

677,722
103,704
34,861
69,952
469,205

732,117
112,635
36,712
74,133
508,636

773,803
120,360
38,020
77,077
538,345

8.0
8.6
5.3
6.0
8.4

5.7
6.9

596,805
90,219
30,760
61,222
414,604

641,449
97,361
32,353
64,770
446,966

676,394
103,789
33,456
67,239
471,910

7.5

3.6
4.0
5.8

5.2
5.8
7.8

5.4
6.6
3.4
3.8
5.6

Rocky Mountain
Colorado
Idaho
Montana
Utah
Wyoming

206,831
108,763
25,217
17,721
43,696
11,434

223,051
118,514
26,986
18,755
46,831
11,966

238,235
127,955
28,582
19,438
49,600
12,660

7.8
7.0
5.8
7.2
4.6

6.8
8.0
5.9
3.6
5.9
5.8

178,178
92,925
22,035
15,616
37,715
9,887

191,470
100,597
23,557
16,491
40,527
10,298

204,058
108,194
24,887
17,041
43,071
10,865

7.5
8.3
6.9
5.6
7.5
4.2

6.6
7.6
5.6
3.3
6.3
5.5

1,187,903
16,465
862,114
31,209
47,254
80,578
150,283

1,273,263
17,167
924,253
31,815
51,976
85,197
162,855

1,362,427
17,704
991,382
32,653
56,127
89,614
174,948

7.2
4.3
7.2
1.9
10.0
5.7
8.4

7.0
3.1
7.3
2.6
8.0
5.2
7.4

1,018,348
14,473
735,730
27,361
41,122
68,542
131,119

1,082,785
15,036
782,340
27,819
44,861
72,551
140,177

1,153,588
15,501
835,087
28,541
48,280
76,280
149,899

6.3
3.9
6.3
1.7
9.1
5.8
6.9

6.5
3.1
6.7
2.6
7.6
5.1
6.9

United States
New England
Connecticut
Maine
Massachusetts
New Hampshire
Rhode Island
Vermont

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

Far West
Alaska
California
Hawaii
Nevada
Oregon
Washington

1. Percent change was calculated from unrounded data.
NOTE—The personal income level shown for the United States is derived as the sum of the
State estimates. It differs from the estimate of personal income in the national income and product
accounts (NIPA's) because of differences in coverage, in the methodologies used to prepare the
estimates, and in the timing of the availability of source data. In particular, it differs from the




1997-98

9.0

1998-99

1997-98

4.6

7.9

1998-99

4.0
5.0
3.6
4.8

NIPA estimate because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S. firms.
Source: Tables 1 and 2 in "State Personal Income, Revised Estimates for 1997-99" in the
October 2000 SURVEY OF CURRENT BUSINESS.

January 2001

Regional Data

SURVEY OF CURRENT BUSINESS

Table J.3.—Per Capita Personal Income and Per Capita Disposable Personal Income for States and Regions
Per capita disposable personal incomel

Per capita personal income'
Area name
1997

Dollars

Rank in U.S.

Dollars
1999

1998

1997

1999

1998

Rank in U.S.
1999

1999

22,260

23,363

24,322

25,604
29,264
19,435
26,112
24,030
23,144
20,310

26,916
30,365
20,327
27,600
25,778
24,188
21,456

28,320
31,697
21,165
29,294
26,973
25,342
22,318

5
2
4
16

24,995
23,109
30,384
24,661
27,437
25,570
22,507

26,175
24,997
31,300
25,849
28,786
26,801
23,456

27,286
26,021
32,905
27,116
29,683
28,020
24,456

28,348
31,145
26,143
28,113
27,152
27,390

7
30
18
23
21

22,125
24,260
20,404
21,920
21,393
21,100

23,195
25,491
21,544
22,803
22,389
22,226

24,070
26,384
22,279
23,836
23,150
23,163

34
20
25
24

26,282
24,844
25,687
29,503
25,403
25,861
22,767
23,797

27,350
25,615
26,824
30,793
26,376
27,049
23,313
25,045

33
27
10
29
24
39
36

21,497
20,770
21,062
23,316
21,081
21,455
18,491
20,034

22,644
21,664
22,185
24,847
21,974
22,432
20,311
21,402

23,564
22,296
23,146
26,113
22,745
23,370
20,692
22,463

33
26
10
28
23
38
31

23,518
21,129
20,229
25,722
24,547
21,215
21,209
18,885
24,188
21,385
23,324
26,768
19,388

24,780
22,123
21,260
26,930
26,134
22,353
22,352
20,013
25,454
22,544
24,576
28,343
20,246

25,703
22,987
22,244
27,780
27,340
23,237
22,847
20,688
26,003
23,545
25,574
29,789
20,966

42
46
19
22
41
44
50
31
38
34
14
49

20,508
18,596
17,855
22,453
21,153
18,397
18,715
16,925
20,907
18,702
20,754
22,882
17,174

21,518
19,456
18,706
23,352
22,420
19,329
19,758
17,900
21,903
19,671
21,834
24,040
17,902

22,238
20,170
19,532
23,981
23,378
20,033
20,171
18,467
22,227
20,555
22,674
25,139
18,498

42
46
19
22
43
41
50
35
39
29
15
49

Southwest
Arizona
New Mexico
Oklahoma
Texas

23,414
22,781
20,233
21,106
24,242

24,857
24,133
21,178
22,199
25,803

25,862
25,189
21,853
22,953
26,858

35
48
43
26

20,619
19,819
17,853
18,472
21,421

21,779
20,860
18,663
19,395
22,674

22,606
21,721
19,229
20,023
23,544

36
48
44
21

Rocky Mountain
Colorado
Idaho
Montana
Utah
Wyoming

24,259
27,950
20,830
20,167
21,156
23,820

25,756
29,860
21,923
21,324
22,294
24,927

27,072
31,546
22,835
22,019
23,288
26,396

6
45
47
40
28

20,898
23,880
18,201
17,771
18,261
20,597

22,110
25,346
19,138
18,749
19,294
21,452

23,188
26,674
19,883
19,303
20,222
22,654

8
45
47
40
30

Far West
Alaska
California
Hawaii
Nevada
Oregon
Washington

26,671
27,042
26,759
26,241
28,201
24,845
26,817

28,168
27,904
28,280
26,725
29,806
25,958
28,632

29,727
28,577
29,910
27,544
31,022
27,023
30,392

17
13
20
9
25
12

22,864
23,772
22,836
23,006
24,542
21,134
23,397

23,954
24,441
23,937
23,368
25,726
22,105
24,645

25,170
25,022
25,195
24,075
26,685
23,003
26,041

16
14
18
7
27
11

25,874

27,322

28,542

New England
Connecticut
Maine ....
Massachusetts
New Hampshire
Rhode Island
Vermont .

30,510
35,596
22,305
31,332
27,607
26,631
23,362

32,365
37,452
23,529
33,394
29,679
28,012
24,803

34,173
39,300
24,603
35,551
31,114
29,377
25,889

Mideast
Delaware
District of Columbia
Maryland
New Jersey
New York
Pennsylvania

29,511
27,405
36,087
29,222
32,372
30,480
26,092

31161
29,571
37,714
30,850
34,310
32,236
27,358

32,628
30,778
39,858
32,465
35,551
33,890
28,605

Great Lakes
Illinois
Indiana
Michigan
Ohio
Wisconsin

25,825
28,347
23,748
25,570
24,913
24,790

27,224
29,974
25,182
26,807
26,164
26,245

Plains
Iowa
Kansas
Minnesota
Missouri
Nebraska
North Dakota
South Dakota

24,861
23,798
24,355
27,548
24,252
24,590
20,798
22,275

Southeast
Alabama
Arkansas
Florida
Georgia
Kentucky
Louisiana
Mississippi
North Carolina
South Carolina
Tennessee
Virginia
West Virginia

United States

1. Per capita personal income and per capita disposable personal income were computed using
midyear population estimates from the Bureau of the Census.
NOTE.—The personal income level shown for the United States is derived as the sum of the
State estimates. It differs from the estimate of personal income in the national income and product
accounts (NIPA's) because of differences in coverage, in the methodologies used to prepare the




1
37
2
8
15
32

11

1
37
3
6
13
32

12
5
2
4
17

9

estimates, and in the timing of the availability of source data. In particular, it differs from the
NIPA estimate because, by definition, it omits the earnings of Federal civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S. firms.
Source: Tables 1 and 2 in "State Personal Income, Revised Estimates for 1997-99" in the
October 2000 SURVEY OF CURRENT BUSINESS.

•

D—67

D—68

•

Regional Data

January 2001

SURVEY OF CURRENT BUSINESS

Table J.4.—Gross State Product for States and Regions by Industry, 1998
[Millions of dollars]

State and region

Rank of
AgriTotal
culture,
total gross
gross state
forestry,
state
product
and fishing
product

Mining

Construction

Manufacturing

Transportation and
public
utilities

Wholesale
trade

Retail
trade

Finance,
insurance,
and real
estate

Services

Government

United States

8,745,219

125,205

105,914

373,228

1,432,753

759,132

613,800

781,888

1,674,162

1,841,278

1,037,857

New England
Connecticut
Maine
Massachusetts ...
New Hampshire
Rhode Island
Vermont

501,809
142,099
32,318
239,379
41,313
30,443
16,257

3,520
923
525
1,271
267
199
335

378
60
16
167
40
23
72

18,551
4,957
1,531
8,542
1,632
1,139
750

79,122
23,513
5,243
33,210
9,830
4,492
2,836

32,897
9,138
2,443
14,953
2,636
2,382
1,345

34,678
9,776
1,954
17,730
2,671
1,611
935

41,346
10,595
3,862
18,868
3,862
2,579
1,580

122,319
39,841
5,928
56,916
9,129
7,615
2,890

120,938
31,206
6,349
65,235
7,917
6,698
3,534

48,059
12,089
4,468
22,486
3,331
3,706
1,980

Mideast
Delaware
District of Columbia
Maryland
New Jersey
New York
Pennsylvania

1,642,760
33,735
54,100
164,798
319,201
706,886
364,039

8,987
272
14
1,283
1,567
2,806
3,045

2,602
5
9
133
197
481
1,777

57,711
931
527
8,766
11,494
21,384
14,609

210,398
5,472
1,285
13,467
42,268
75,907
71,999

138,501
1,657
2,572
13,156
31,119
57,152
32,844

108,452
1,258
621
10,373
30,135
43,593
22,473

120,930
2,222
1,372
14,597
23,165
47,686
31,888

421,122
13,886
8,791
34,737
73,735
222,686
67,288

380,237
4,997
18,706
39,356
73,880
162,042
81,255

193,820
3,034
20,205
28,930
31,641
73,147
36,861

Great Lakes ...
Illinois
Indiana
Michigan
Ohio
Wisconsin ...

1,393,449
425,679
174,433
294,505
341,070
157,761

16,585
4,835
2,498
2,470
3,505
3,276

4,423
1,024
792
1,136
1,163
307

60,364
18,089
8,708
12,752
13,792
7,023

332,880
72,431
54,258
78,153
86,163
41,875

111,829
40,563
13,623
19,873
26,465
11,306

101,133
33,441
10,784
22,072
24,603
10,234

124,290
33,937
15,576
28,318
32,403
14,056

230,366
86,215
22,731
42,903
53,480
25,038

268,497
93,610
28,313
56,618
62,619
27,337

143,082
41,535
17,150
30,211
36,877
17,309

575,958
84,628
76,991
161,392
162,772
51,737
17,214
21,224

19,431
4,597
2,714
3,294
2,315
3,171
1,510
1,831

2,973
207
832
688
448
127
470
200

26,522
3,657
3,295
7,565
7,826
2,460
865
856

105,785
20,157
13,503
29,082
31,838
6,883
1,464
2,858

54,519
6,932
8,632
12,477
17,286
5,811
1,717
1,664

45,519
6,238
6,311
13,571
12,268
4,138
1,552
1,441

53,202
7,157
7,779
14,842
15,388
4,379
1,649
2,008

91,095
12,465
10,100
29,723
24,512
7,738
2,311
4,247

109,606
13,536
13,563
33,357
32,813
9,726
3,121
3,490

67,305
9,681
10,263
16,794
18,078
7,306
2,556
2,628

North Carolina ..
South Carolina .
Tennessee
Virginia
West Virginia ....

1,909,142
109,833
61,628
418,851
253,769
107,152
129,251
62,216
235,752
100,350
159,575
230,825
39,938

29,272
2,037
2,358
6,751
3,459
2,397
1,227
1,640
4,587
1,105
1,576
1,874
262

30,439
1,288
643
1,050
1,232
2,558
18,033
490
305
265
404
1,109
3,062

86,328
4,799
2,484
20,443
10,295
4,456
6,510
2,750
10,752
5,141
6,715
10,185
1,799

325,609
22,408
14,401
30,444
43,335
28,936
19,453
13,634
58,452
23,672
32,425
31,774
6,673

175,733
9,834
6,736
37,271
29,384
8,910
12,184
6,181
18,053
7,734
13,140
21,518
4,787

133,239
7,277
3,981
31,726
23,519
6,689
7,630
3,715
15,396
6,156
12,276
12,723
2,152

188,365
11,246
6,774
47,078
22,718
10,041
11,013
6,572
21,377
10,772
17,860
19,115
3,799

308,735
15,168
7,052
90,271
40,287
11,929
16,319
7,043
38,108
14,019
23,311
40,633
4,596

374,423
18,627
9,679
102,009
48,429
16,832
21,699
10,601
38,490
16,513
33,519
51,125
6,900

256,999
17,149
7,520
51,807
31,113
14,404
15,185
9,590
30,231
14,973
18,348
40,771
5,908

Southwest
Arizona
New Mexico ....
Oklahoma
Texas

908,787
133,801
47,736
81,655
645,596

12,376
2,009
964
1,644
7,758

45,164
970
3,323
3,192
37,679

43,882
8,146
2,156
2,784
30,796

134,800
19,935
7,627
14,137
93,101

96,048
10,289
3,682
8,352
73,725

68,524
8,972
2,095
5,077
52,380

85,829
13,935
4,483
8,401
59,011

134,794
25,085
6,404
10,036
93,269

177,795
28,238
8,730
14,967
125,859

109,574
16,221
8,271
13,064
72,017

Rocky Mountain
Colorado
Idaho
Montana
Utah
Wyoming

269,742
141,791
30,936
59,624
17,530

5,564
2,065
1,702
867
585
346

9,904
2,744
219
792
1,352
4,797

15,234
8,200
1,813
1,024
3,436
760

32,802
15,303
6,015
1,579
8,863
1,043

30,086
17,288
2,702
2,386
5,257
2,453

16,746
9,037
2,007
1,321
3,734
647

26,000
13,420
3,182
2,020
6,103
1,276

43,007
24,284
3,917
2,708
10,062
2,036

54,522
31,836
5,123
3,965
11,747
1,851

35,877
17,614
4,256
3,200
8,485
2,322

Far West
Alaska
California
Hawaii
Nevada
Oregon
Washington ...

1,543,572
24,236
1,118,945
39,712
63,044
104,771
192,864

29,468
443
20,900
438
444
2,783
4,460

10,032
3,647
4,337
27
1,529
117
374

64,637
1,070
41,390
1,650
5,648
5,428
9,451

211,356
1,109
154,608
1,063
2,867
26,326
25,382

119,518
4,354
81,756
4,157
5,202
7,387
16,663

105,508
757
77,932
1,535
3,021
8,183
14,080

141,924
1,740
102,726
4,233
6,374
8,760
18,090

322,725
2,795
249,999
9,154
11,295
15,461
34,021

355,261
3,245
260,620
8,783
20,071
18,295
44,247

183,141
5,075
124,677
8,673
6,592
12,029
26,094

Plains

Iowa
Kansas
Minnesota
Missouri
Nebraska
North Dakota
South Dakota
Southeast
Alabama
Arkansas
Florida
Georgia
Kentucky
Louisiana

NOTE.—Totals shown for the United States differ from the national income and product account estimates of gross
domestic product (GDP) because GSP is derived from gross domestic income, which differs from GDP by the statistical discrepancy. In addition, GSP excludes and GDP includes the compensation of Federal civilian and military
personnel stationed abroad and government consumption of fixed capital for military structures located abroad and




for military equipment, except office equipment. Also, GSP and GDP have different revision schedules,
Source: Tables 7 and 8 in "Gross State Product by Industry, 1977-98" in the October 2000 SURVEY OF CURRENT
BUSINESS.

January 2001

Regional Data

SURVEY OF CURRENT BUSINESS

•

D—69

K. Local Area Table
Table K.1.—Personal Income and Per Capita Personal Income by Metropolitan Area, 1996-98
Per capita personal income J

Persona income
Percent
change

Millions of dollars
1996
2

United States
Metropolitan portion
Nonmetropolitan portion

1997

1998

1997-98

Rank in
U.S.

Dollars
1996

1997

1998

6,538,103 6,942,114 7,351,547
5,537,748 5,888,223 6,251,031
1,000,355 1,053,891 1,100,516

5.9
6.2
4.4

24,651 25,924 27,203
26,104 27,471 28,872
18,844 19,719 20,478

30,795
26,624
27,434
28,785
31,236
28,330
28,352

32,389
27,975
28,694
30,541
33,485
29,775
30,026

269,815
51,501
80,003
134,468
72,406
154,172
122,128

285,768
54,505
83,577
146,431
79,121
162,363
132,134

5.9
5.8
4.5
8.9
9.3
5.3
8.2

29,201
25,132
25,954
27,089
29,116
26,863
26,551

377,560
85 943
44,336

396,704
89 340
47,230

422,989
94 488
49,779

6.6
58
5.4

24,566 25,491 26,778
24 209 24 755 25 826
26,936 28,718 30,258

656,669

691,794

731,539

5.7

33,119 34,749 36,582

167,458
53,575
40,520

176,777
57,945
43,160

186,297
61,184
46,278

5.4
5.6
7.2

28,014 29,576 31,119
25,848 27,391 28,453
24,487 25,701 27,102

219 438
93,370

237 395
102,812

254 915
112,135

74
9.1

33161 35 333 37 414
28,241 30,528 32,762

218,231

230,658

244,282

5.9

30,564 32,019 33,602

Abilene, TX
Akron, OH*
Albany, GA
Aibany-Schenectady-Troy, NY
Albuquerque, NM
Alexandria, LA
Allentown-Bethlehem-Easton, PA ...
Altoona, PA
Amarillo, TX
Anchorage, AK

2,576
16,675
2,395
21,743
15,296
2,559
15,193
2,643
4 340
7,561

2,708
17,681
2,473
22,698
16,089
2,652
16,183
2,765
4 633
7,949

2,808
18,530
2,546
23,884
16,806
2,790
17,002
2,900
4 865
8,348

3.7
4.8
3.0
5.2
4.5
5.2
5.1
4.9
50
5.0

21,251
24,341
20,472
24,794
22,925
20,274
24,799
20,139
21 204
30,295

22,270
25,740
21,059
26,005
23,900
20,988
26,335
21,113
22 480
31,622

23,012
26,934
21,619
27,433
24,842
22,062
27,599
22,216
23,495
32,659

210
96
265
86
146
252
82
241
194
23

Ann Arbor, Ml*
Anniston, AL
Appleton-Oshkosh-Neenah, Wl
Asheville, NC
Athens, GA
Atlanta, GA
Atlantic-Cape May, NJ*
Auburn-Opelika, AL
Augusta-Aiken, GA-SC
Austin-San Marcos, TX

15,119
2,175
8,166
4,791
2,897
98,182
9,462
1,700
9,434
25,054

16,207
2,287
8,691
5,141
3,026
106,039
9,787
1,824
9,882
27,912

17,316
2,379
9,194
5,405
3,211
115,272
10,326
1,892
10,379
32,130

6.8
4.0
5.8
5.1
6.1
8.7
3.7
5.0
15.1

28,517
18,658
24,066
22,914
21,226
27,803
28 433
17,823
20,878
24,176

30,067
19,522
25,411
24,370
21,917
29,194
29 288
18,529
21,722
26,136

31,616
20,315
26,659
25,347
23,160
30,788
30 735
18,831
22,665
29,087

29
294
104
137
205
35
36
309
227
54

Bakersfield, CA
Baltimore, MD*
Bangor, ME (NECMA)
Barnstable-Yarmouth, MA
(NECMA)
Baton Rouge, LA
Beaumont-Port Arthur, TX
Bellingham, WA
Benton Harbor, Ml
Bergen-Passaic, NJ*
Billings, MT

11,399
66,109
2,836

11,893
69,915
2,984

12,407
73,308
3,140

4.3
4.9
5.2

18,444 19,042 19,643
26,785 28,252 29,548
19,466 20,573 21,743

304
45
262

5,908
12,676
7,543
3,175
3,521
46,267
2,784

6,358
13,173
8,114
3,371
3,776
49,416
2,918

6,799
14,013
8,571
3,575
3,874
53,165
3,083

6.9
6.4
5.6
6.1
2.6
7.6
5.7

29,175
22,415
20,174
20,836
21,855
34,853
22,173

30,987
23,107
21,661
21,766
23,543
37,057
23,168

32,612
24,403
22,848
22,732
24,235
39,750
24,425

24
165
216
223
169
6
164

6,617
5,430
21,981
1,954
2,355
3,480
9,107

6,997
5,691
23,064
2,041
2,486
3 695
9,710

7,602
5,919
24,168
2,186
2,639
3,908
10,479

8.6
4.0
4.8
7.1
6.2
5.8
7.9

19,378
21,427
24,547
21,697
20,468
24,822
24,442

20,303
22,723
25,583
22,489
21,442
26,077
25,316

21,828
23,775
26,582
23,885
22,636
27,260
26,461

256
182
106
179
228
90
108

174,216
7,929
4,498

187,231
8,746
4,944

200,107
9,619
5,228

6.9
10.0
5.7

30,096 32,133 34,127
30,885 33,454 36,071
20,585 22,139 22,844

16
13
217

4,895

5,210

5,347

2.6

21,309 22,368 22,957

211

3,942
2,289
27^359
4,594
8,913
1,576
4,641
3,686
10,274

4,197
2,501
28,418
4,855
9,374
1,714
4,983
3,889
10,926

4,461
2,674
5,162
9,888
1,784
5,421
4,034
11,674

6.3
69
4.0
6.3
5.5
4.1
8.8
3.7
6.8

12,653
17,515
23,324
24,232
22,125
24,772
25,808
21,676
19,655

13,766
20121
25,654
26,787
24,590
28,217
29,656
23,753
21,529

317
296
128
99
159
67
44
186
267

New York-No. New Jersey-Long Island, NY-NJ-CT-PA
Philadelphia-Wilmington-Atlantic
City, PA-NJ-DE-MD
Portland-Salem, OR-WA
Sacramento-Yolo, CA
San Francisco-Oakland-San Jose,
CA
Seattle-Tacoma-Bremerton, WA
Washington-Baltimore, DC-MD-VAWV

Biloxi-Gulfport-Pascagoula, MS
Binghamton, NY
Birmingham, AL
Bismarck, ND
Bloomington, IN
Bloomington-Normal, IL
Boise City, ID
Boston-Worcester-Lawrence-LowellBrockton, MA-NH (NECMA)
Boulder-Longmont, CO*
Brazoria, TX*
Bremerton, WA*
Brownsville-Harlingen-San Benito,
TX
Bryan-College Station, TX
Buffalo-Niagara Falls, NY
Burlington, VT (NECMA)
Canton-Massillon, OH
Casper, WY
Cedar Rapids, IA
Champaign-Urbana, IL
Charleston-North Charleston, SC ...
Charleston, WV
Charlotte-Gastonia-Rock Hill, NCSC
Charlottesville, VA
Chattanooga, TN-GA
Cheyenne, WY
Chicago, IL*
Chico-Paradise, CA
Cincinnati, OH-KY-IN*
Clarksville-Hopkinsville, TN-KY
Cleveland-Lorain-Elyria, OH*

5,991

6,247

6,505

4.1

23,574 24,640 25,745

126

34,209
3,771
10,233
1,826
234,617
3,678
40,904
3,743
59,067

36,881
3,985
10,650
1 929
249,126
3,893
43,599
3,950
62,322

39,795
4 259
11,071
2 013
263,763
4,050
46,109
4,083
65,047

7.9
6.9
4.0
44
5.9
4.0
5.8
3.4
4.4

25,959
26,120
23,025
23193
29,940
19,144
25,649
19,279
26,449

28,784
28,513
24,622
25,613
33,181
20,838
28,507
20,456
29,239

56
63
157
129
21
284
64
291
51

10,953

11,853

12,873

8.6

23,184 24,697 26,270

112

Colorado Springs, CO
See footnotes at the end of the table.




29^541

13,210
18,918
24,450
25,380
23,278
26,900
27,446
22,812
20,461

27,305
27,175
23,791
24 535
31,572
20,164
27,137
19,987
27,956

1997

1998

1997-98

2,928
11,695
5,433
36,547
7,445
1,895
1,814
87,113
1,978

3,119
12,412
5,791
39,391
7,840
2,050
1,907
94,986
2,072

3,302
13,256
6,091
41,914
8,242
2,125
1,961
103,788
2,137

Dayton-Sprmgfield OH
Daytona Beach, FL
Decatur, AL
Decatur, IL
Denver, CO*
Des Moines, IA
Detroit, Ml*
Dothan, AL
Dover, DE

8,302
23,362
9,167
2,952
2,704
55,187
11,428
120,526
2,666
2,555

8,865
24,636
9,762
3,110
2,799
60,480
12,107
127,707
2,795
2,602

Dubuque, IA
Duluth-Supenor, MN-WI
Dutchess County, NY*
Eau Claire Wl
El Paso, TX
Elkhart-Goshen, IN
Elmira, NY
Enid, OK .
Erie, PA ..
Eugene-Springfield, OR

1,971
5,274
6,818
2,948
10,165
3,910
1,927
1,172
6,053
6,727

Evansville-Henderson, IN-KY
Fargo-Moorhead, ND-MN
Fayetteville, NC
Fayetteville-Springdale-Rogers AR
Flagstaff, AZ-UT
Flint, Ml* .
Florence, AL
Florence, SC
Fort Collins-Loveland, CO
Fort Lauderdale, FL*

Rank in
U.S.

Dollars
1996

1997

1998

1998

5.9
6.8
5.2
6.4
5.1
3.7
2.8
9.3
3.1

23,294
23,598
20,017
25,361
19,555
24,643
18,010
28,723
18,116

24,394
24,721
21,288
27,069
20,380
26,442
19,132
30,471
19,046

25,606
25,995
22,435
28,454
21,326
27,307
19,776
32,406
19,738

130
120
235
66
271
88
300
26
302

9,304
25,406
10,229
3,248
2,918
66,024
12,897
134,613
2,931
2,757

5.0
3.1
4.8
4.4
4.3
9.2
6.5
5.4
4.9
6.0

23,248
24,214
20,249
21,012
23,465
29,643
26,710
27,029
19,870
21,003

24,810
25,622
21,186
21,954
24,522
31,813
28,037
28,585
20,820
21,212

26,003
26,422
21,869
22,767
25,674
34,092
29,527
30,118
21,790
22,178

119
110
255
221
127
17
46
40
260
242

2,054
5,520
7,256
3,156
10,796
4,109
1,996
1,251
6,341
7,178

2,153
5,838
7,913
3,369
1i!363
4,409
2,077
1,294
6,570
7,568

4.8
5.8
9.1
6.7
5.3
7.3
4.1
3.4
3.6
5.4

22,296
22,206
25,949
20,649
15^081
23,164
20,648
20,603
21,617
21,960

23,293
23,215
27,525
22,003
15751
24,056
21,565
22,019
22,685
23,072

24,499
24,676
29,812
23,431
16,359
25,527
22,524
22,720
23,622
24,151

162
153
43
197
315
133
233
225
192
173

6,804
3,754
6,299
5,563
2,138
10,077
2,766
2,490
5,326
39,013

7,159
3,933
6,621
5,952
2,269
10,258
2,875
2,632
5,818
40,657

7,569
4,223
6,851
6,384
2,412
10,433
2,887
2,757
6,380
43,041

5.7
7.4
3.5
7.3
6.3
1.7
.4
4.7
9.7
5.9

23,552
22,761
22,205
20,870
18,112
23,148
20,252
20,218
24,060
27,042

24,677
23,601
23,183
21,731
18,942
23,564
20,988
21,161
25,799
27,530

26,079
25,073
24,104
22,895
20,050
23,947
21,054
22,114
27,607
28,546

117
142
175
213
297
177
282
248
81
62

Fort Myers-Cape Coral, FL
Fort Pierce-Port St Lucie, FL
Fort Smith AR-OK
Fort Walton Beach, FL
Fort Wayne, IN
Fort Worth-Arlington, TX*
Fresno, CA
Gadsden, AL
Gainesville, FL
Galveston-Texas City, TX*

9,533
7,539
3,683
3,650
11,466
36,200
16,165
1,922
4,312
5,370

10,245
8,039
3,910
3,935
12,197
39,481
16,714
2,035
4,567
5,706

10,860
8,485
4,118
4,155
12,830
42,643
17,345
2,113
4,887
5,954

6.0
5.5
5.3
5.6
5.2
8.0
3.8
3.8
7.0
4.3

25,114
26,332
19,311
22,040
24,188
23,826
18,946
18,701
21,948
22,399

26,557
27,604
20,326
23,471
25,549
25,404
19,365
19,616
23,114
23,548

27,640
28,732
21,257
24,655
26,659
26,790
19,947
20,328
24,656
24,303

79
57
273
155
104
98
298
293
154
167

Gary, IN*
Glens Falls NY
Goldsboro, NC
Grand Forks, ND-MN
Grand Junction, CO
Grand Rapids-Muskegon-Holland,
Ml
Great Falls, MT
Greeley, CO*
Green Bay, Wl
Greensboro-Winston-Salem-High
Point, NC

14,220
2,474
2,037
2,164
2,173

15,059
2,569
2,139
2,125
2,373

15,963
2,685
2,205
2,243
2,539

6.0
4.5
3.1
5.6
7.0

22,797
20,267
18,240
20,908
20,081

24,072
21,121
19,106
20,955
21,430

25,451
22,109
19,710
22,921
22,491

135
249
303
212
234

24,493
1,730
2,964
5,336

26,338
1,787
3,180
5,761

27,727
1,863
3,478
6,043

5.3
4.3
9.4
4.9

24,122
21,421
19,619
25,119

25,618
22,629
20,447
26,910

26,694
23,721
21,803
28,114

101
190
258
70

28,536

30,119

31,857

5.8

25,056 26,119 27,283

89

2,600

2,780

2,884

3.7

21,314 22,342 22,772

220

19,445
2,618
7,319
15,488
33,333
1,907
6,803
23,914
3,359

20,606
2,818
7,901
16,261
35,472
2,041
7,211
24,570
3,765

21,787
2,968
8,395
17,132
37,318
2,133
7,637
24,994
4,041

5.7
5.3
6.3
5.4
5.2
4.5
5.9
1.7
7.3

21,727
20,593
22,587
25,240
30,098
17,676
21,668
27,436
17,746

22,733
22,141
24,112
26,461
32,043
18,644
22,665
28,140
19,675

23,729
23,282
25,372
27,767
33,647
19,130
23,720
28,670
20,861

188
201
136
74
19
307
191
60
283

102,323
5,757
7,587
38,930
2,525
3,225
9,388
2,100
24,808
2,860

111,479
6,048
8,074
41,234
2,679
3,420
9,992
2,255
26,622
3,066

120,951
6,217
8,610
44,079
2,850
3,525
10,547
2,384
28,435
3,170

8.5
2.8
6.6
6.9
6.4
3.1
5.6
5.7
6.8
3.4

27,161
18,231
22,967
26,123
24,896
20,884
22,279
21,364
24,587
20,004

29,016
19,197
24,209
27,399
26,281
21,994
23,493
22,726
25,861
21,674

30,801
19,804
25,305
29,022
27,785
22,576
24,542
23,725
27,244
22,109

34
299
138
55
72
231
160
189
91
249

2,618
3,341
13,623

2,699
3,526
14,329

2,820
3,671
14,915

4.5
4.1
4.1

18,621 19,367 20,387
22,292 23,482 24,356
24,692 25,882 26,970

292
166
95

9,090
4,547
1,439
2,877
10,223
2,146
44,001

9,487
4,729
1,543
3,098
10,703
2,238
46,864

9,791
4,887
1,604
3,228
11,030
2,312
49,464

3.2
3.3
4.0
4.2
3.1
3.3
5.5

19,902
19,022
19,137
19,757
23,072
21,116
25,946

21,201
20,729
20,771
21,691
24,726
22,596
28,473

277
287
286
264
150
230
65

Davenport-Mohne-Rock Island, IA-

Metropolitan Statistical Areas 3

55

1996

Area name

Columbia, MO
Columbia, SC
Columbus, GA-AL
Columbus, OH
Corpus Christ!, TX
Corvallis, OR
Cumberland, MD-WV
Dallas, TX*
Danville, VA

254,130
48,223
75,742
123,313
66,080
145,721
112,191

Chicago-Gary-Kenosha, IL-IN-WI ...
Cincinnati-Hamilton, OH-KY-IN
Cleveland-Akron, OH
Dallas-Fort Worth, TX
Denver-Boulder-Greeley, CO
Detroit-Ann Arbor-Flint, Ml
Houston-Galveston-Brazoria, TX ....
Los Angeles-Riverside-Orange
County, CA
Miami-Fort Lauderdale, FL
Milwaukee-Racine, Wl

Millions of dollars

Percent
change

1998

Consolidated Metropolitan
Statistical Areas

Per capita personal income1

Persona income

Greenville, NC
Greenville-Spartanburg-Anderson,
SC
Hagerstown, MD*
Hamilton-Middletown, OH*
Harrisburg Lebanon-Carlisle, PA
Hartford, CT (NECMA)
Hattiesburg, MS
Hickory-Morganton-Lenoir, NC
Honolulu, HI
Houma, LA
Houston, TX*
Huntington-Ashland, WV-KY-OH
Huntsville, AL
Indianapolis, IN
Iowa City, IA
Jackson, Ml
Jackson, MS
Jackson, TN
Jacksonville, FL
Jacksonville, NC
Jamestown, NY
Janesville-Beloit, Wl
Jersey City, NJ*
Johnson City-Kingsport-Bnstol, TNVA
Johnstown, PA
Jonesboro, AR
Joplin, MO
Kalamazoo-Battle Creek, Ml
Kankakee, IL*
Kansas City, MO-KS

20,635
19,877
20,233
21,022
24,091
21,905
27,278

D-70

•

Regional Data

January 2001

SURVEY OF CURRENT BUSINESS

Table K.1 .—Personal Income and Per Capita Personal Income by Metropolitan Area,'1996-98—Continued
Area name

Percent
change

Mil ons of dollars

Rank in
U.S.

Dollars
1996

1997

1998

1998

22 266
19,633
22,490
24,185
22,337
19,041
21,139
20,476

23 725
20,615
23,500
25,306
23,477
20,585
22,539
21,450

25 833
21,178
24,640
26,423
24,742
21,487
23,312
22,139

123
278
156
109
149
268
200
245

8.2
5.5

20,428 21,179 22,609
23,895 25,094 26,303

229
111

10,909
2,591
2,805
36,686
1,993
2,299
2,296
12,098
3,521
6,474

2.0
6.4
6.5
8.6
5.7
4.0
3.5
6.5
3.6
7.0

22,692
12,617
15,383
25,654
18,671
19,613
20,834
24,108
20,740
24,907

23,738
13,508
15,832
26,813
19,878
20,336
21,973
25,593
21,949
25,926

24,226
13,870
16,599
27,780
20,645
21,257
22,671
26,912
22,818
27,487

170
316
314
73
289
273
226
97
219
85

13,777
4,418
233,234
26,134
5,108
4,427
7,051
12,106
3 737
6,215

14,468
4,615
246,949
27,717
5,352
4,624
7,362
12,831
3 853
6,631

5.0
4.5
5.9
6.1
4.8
4.4
4.4
6.0
31
6.7

23,919
20,086
24,860
25,102
21,243
20,769
21,889
27,377
19,914
11,815

25,028
21,315
25,557
26,290
22,201
21,401
22,306
28,678
21 108
12,330

26,105
22,131
26,773
27,749
23,451
22,268
23,067
30,214
21,784
12,759

116
246
100
75
195
240
209
39
261
318

3,583
9,830
26,848
3,241
46,930

3,815
10,530
28,009
3,361
48,682

4,022
11,043
30,053
3,498
51,448

5.4
4.9
7.3
4.1
5.7

21,301
21,680
24,991
16,972
22,270

22,368
22,934
25,886
17,337
22,833

23,214
23,758
27,511
17,732
23,919

204
185
83
312
178

37,384
39,791
82,373
1,852
10,156

40,288
42,358
88,381
1,951
10,715

42,920
44,637
94,991
2,066
11,200

6.5
5.4
7.5
5.9
4.5

34,287
27,224
29,836
20,981
19,504

36,473
29,022
31,621
21,963
20,332

38,414
30,582
33,561
23,234
21,062

7
37
20
203
281

7,954
30,560
2,949
7,127
2,537
3,437
7,218
29,754
89,857

8,479
32,687
3,011
7,415
2,619
3,761
8,082
32,036
95,415

9,022
34,639
3,117
7,745
2,739
4,030
8,553
33,910
99,865

6.4
6.0
3.5
4.5
4.6
7.2
5.8
5.8
4.7

19,237
28,688
20,103
22,523
21,477
20,984
38,806
26,687
33,870

20,214
30,289
20,489
23,219
22,252
22,202
41,913
28,171
35,878

21,136
31,682
21,230
24,084
23,545
23,088
42,813
29,344
37,381

280
28
276
176
193
207
2
49
9

61,489

65,661

69,039

5.1

37,874 40,383 42,346

3

6,891
29 928
286,900
64,525
8,215

7,257
31,508
298,107
68,333
8,573

7,392
32,955
315,195
72,343
9,099

1.9
4.6
5.7
5.9
6.1

27,394
22 876
33,273
33,274
22,701

28,993
24104
34,463
35,172
23,439

29,933
25 225
36,316
37,136
24,595

42
139
12
10
158

33,903
67,449
4,531
5,236
22,137

35,449
72,802
4,853
5,706
23,054

36,855
77,940
5,195
6,029
24,220

4.0
7.1
7.0
5.7
5.1

22,000
30,206
19,691
22,050
21,688

22,877
32,048
20,585
23,746
22,378

23,771
33,667
21,533
24,718
23,337

183
18
266
151
199

4,433
18,066
75,749
32,591
1,850
2,945
3,080
7,743
8,219
139,319

4,764
19,269
81,931
35,366
1,956
3,119
3,245
8,329
8,752
147,324

5,035
20,311
88,634
38,406
2,013
3,252
3,346
8,726
9,231
154,763

5.7
5.4
8.2
8.6
2.9
4.3
3.1
4.8
5.5
5.0

22,565
26,572
29,062
22,911
20,400
20,366
20,370
20,209
23,751
28,145

23,851
28,036
30,737
24,154
21,532
21,314
21,527
21,149
25,300
29,806

24,895
29,307
32,541
25,555
22,126
22,163
22,304
21,719
26,679
31,295

145
50
25
132
247
243
238
263
103
31

Phoenix-Mesa AZ
Pine Bluff AR
Pittsburgh PA
Pittsfield, MA (NECMA)
Pocatello ID
Portland, ME (NECMA)
Portland-Vancouver, OR-WA*
Providence-Warwick-Pawtucket, Rl
(NECMA)
Provo-Orem, UT
Pueblo, CO

64,964
1,490
60 346
3,329
1 340
6,702
46,765

71,417
1,531
63 488
3,529
1 402
7,157
50,709

78,210
1,579
66 013
3,684
1 468
7,623
53,563

9.5
3.1
40
4.4
47
6.5
5.6

23,593
18,030
25,422
24,781
18,251
26,795
26,660

25,134
18,642
26 909
26,352
18 967
28,390
28,319

26,686
19,357
28,149
27,731
19,759
29,960
29,430

102
306
69
76
301
41
47

22,543
5,285
2,521

24,037
5,662
2,716

25,350
6,103
2,884

5.5
7.8
6.2

24,909 26,591 28,007
16,456 17,189 17,956
19,291 20,505 21,379

71
311
269

Punta Gorda, FL
Racine, Wl*
Raleigh-Durham-Chapel Hill, NC ...
Rapid City, SD

2,832
4,546
27,660
1,909

3,044
4,872
30,467
1,993

3,201
5,142
32,804
2,083

5.2
5.5
7.7
4.5

21,758
24,655
27,069
22,022

23,752
27,712
30,394
23,858

187
77
38
180

1996

1997

1998

1997-98

Kenosha Wl*
Killeen-Temple, TX
Knoxville, TN
Kokomo, IN
La Crosse, WI-MN
Lafayette, LA
Lafayette, IN
Lake Charles, LA

3 147
5,784
14,733
2,426
2,706
7,005
3,627
3,648

3 391
6,086
15,544
2,536
2,848
7,655
3,870
3,844

3 730
6,289
16,420
2,644
3,011
8,062
4,067
3,988

100
3.3
5.6
4.3
5.7
5.3
5.1
3.7

Lakeland-Winter Haven, FL
Lancaster, PA

8,990
10,760

9,461
11,384

10,234
12,012

Lansing-East Lansing, Ml
Laredo, TX
Las Cruces, NM
Las Vegas NV-AZ
Lawrence, KS
Lawton, OK
Lewiston-Auburn, ME (NECMA)
Lexington, KY
Lima, OH
Lincoln NE .

10,192
2,200
2,490
30,650
1,731
2,154
2,116
10,595
3,224
5,752

10,690
2,436
2,635
33,792
1,886
2,211
2,218
11,360
3,399
6,050

Little Rock-North Little Rock, AR ...
Longview-Marshall, TX
Los Angeles-Long Beach, CA*
Louisville KY-IN
Lubbock TX
Lynchburg, VA
Macon, GA
Madison, Wl
Mansfield OH
McAllen-Edinburg-Mission, TX

13,066
4126
225,144
24,826
4,906
4,265
6,824
11,367
3 527
5,789

Medford-Ashland, OR
Melbourne-Titusville-Palm Bay, FL
Memphis TN-AR-MS
Merced CA
Miami, FL*
Middlesex-Somerset-Hunterdon,
NJ*
Milwaukee-Waukesha Wl*
Minneapolis-St. Paul, MN-WI
Missoula, MT
Mobile, AL
Modesto, CA
Monmouth-Ocean, NJ*
Monroe, LA
Montgomery AL
Muncie, IN
. . . .
Myrtle Beach, SC
Naples, FL
Nashville TN
Nassau-Suffolk NY*
New Haven-Bridgeport-StamfordDanbury-Waterbury, CT*
New London-Norwich, CT
(NECMA)
New Orleans LA
New York, NY*
Newark NJ*
Newburgh, NY-PA*
Norfolk-Virginia Beach-Newport
News VA-NC
Oakland, CA*
Ocala, FL
Odessa-Midland, TX
Oklahoma City OK
Olympia WA* .
Omaha, NE-IA
Orange County, CA*
Orlando, FL
Owensboro KY
Panama City FL
. .
Parkersburg-Marietta, WV-OH
Pensacola FL
Peoria-Pekin IL
Philadelphia, PA-NJ*

23,002
26,324
28,997
22,904

1. Per capita personal income was computed using Census Bureau midyear population estimates. Estimates for
1996-98 reflect county population estimates available as of March 2000.
2. The personal income level shown for the United States is derived as the sum of the county estimates. It
differs from the estimate of personal income in the national income and product accounts (NIPA's) because of differences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of
source data. In particular, it differs from the NIPA estimate because, by definition, it omits the earnings of Federal
civilian and military personnel stationed abroad and of U.S. residents employed abroad temporarily by private U.S.
firms.




Per capita personal income'

Personal income

Per capita personal income'

Personal income

Area name

Percent
change

Millions of dollars

Rank i-i
U.S.

Dollars

1996

1997

1998

1996

1997

1998

1998

Reading PA
Redding, CA
Reno, NV
Richland-Kennewick-Pasco, WA
Richmond-Petersburg, VA
Riverside-San Bernardino CA*

8,814
3,282
9,134
3,872
24,626
58,143

9,356
3,467
9,706
3,992
26,023
61,729

9,787
3,609
10,342
4,170
27,267
66,385

4.6
4.1
6.6
4.5
4.8
7.5

25,046
20,344
30,611
21,637
26,400
19,411

26,439
21,322
31,687
22,072
27,602
20,246

27,511
21,986
33,040
22,829
28,635
21,300

83
253
22
218
61
272

Roanoke, VA
Rochester, MN
Rochester NY
Rockford, IL
Rocky Mount, NC
Sacramento, CA*
Saginaw-Bay City-Midland, Ml
St. Cloud, MN
St. Joseph, MO
St. Louis, MO-IL

5,722
3,099
27,296
8,366
2,927
36,874
9,273
3,224
1,989
67,326

5,998
3,314
28,598
8,814
3,120
39,310
9,768
3,332
2,092
71,492

6,297
3,611
29,603
9,258
3,207
42,325
10,044
3,670
2,184
74,516

5.0
9,0
3.5
5.0
2.8
7,7
2.8
10.1
4.4
4.2

25,046
27,413
25,154
23,683
20,375
24,489
23,034
20,124
20,488
26,406

26,250
28,928
26,396
24,820
21,475
25,729
24,277
20,593
21,533
27,951

27,624
30,880
27,390
25,938
21,979
27,232
25,010
22,539
22,434
29,089

80
33
87
121
254
92
143
232
236
53

Salem, OR*
Salinas, CA
Salt Lake City-Ogden, UT
San Angelo TX
San Antonio, TX
San Diego, CA
San Francisco, CA*
San Jose CA*
San Luis Obispo-Atascadero-Paso
Robles, CA
Santa Barbara-Santa ManaLompoc, CA

6,810
9,036
27,043
2,072
32,119
66 403
66,781
55,782

7,235
9,769
29,335
2,156
34,585
71 126
71,370
61,581

7,621
10,333
31,201
2,273
36,655
76,502
76,080
67,034

5.3
5.8
6,4
5.4
6.0
76
6.6
8.9

21,377
26,018
22,007
20,360
21,688
24 836
40,398
35,003

22,277
27,221
23,448
21,075
22,840
26129
42,706
37,974

23,072
28,185
24,698
22,140
23,800
27 657
45,199
40,828

208
68
152
244
181
78
1
4

5,024

5,492

5,807

5.7

21,984 23,730 24,807

147

10 149

10 628

11 177

52

26 554 27 476 28 698

59

Santa Cruz-Watsonville, CA*
Santa Fe, NM
Santa Rosa, CA*
Sarasota-Bradenton, FL
Savannah GA
Scranton-Wilkes-Barre-Hazleton,
PA ....
Seattle-Bellevue-Everett, WA*
Sharon, PA
Sheboygan, Wl
Sherman-Denison, TX

6,651
3,669
11,484
16,405
6,575

7,188
3,875
12,440
17,653
6,779

7,613
4,145
13,408
18,558
7,170

5.9
7.0
7.8
5.1
5.8

28,225
26,766
27,392
31,015
23,414

30,093
27,729
29,173
32,980
23,896

31,302
29,375
30,911
34,178
25,135

30
48
32
15
141

13,593
69,785
2,360
2,612
2,017

14,157
77,181
2,475
2,715
2,150

14,641
85,191
2,585
2,876
2,287

3.4
10.4
4.4
5,9
6.4

21,663
31,356
19,310
23,882
20,187

22,792
33,968
20,275
24,734
21,356

23,764
36,854
21,231
26,149
22,417

184
11
275
114
237

Shreveport-Bossier City, LA
Sioux City, IA-NE
Sioux Falls, SD
South Bend, IN
Spokane, WA
Springfield, IL
Springfield MO
Springfield, MA (NECMA)
State College, PA
Steubenville-Weirton, OH-WV

8,029
2,717
4,124
5,994
8,663
5,048
6,379
13,915
2,779
2,617

8,271
2,782
4,378
6,348
9,158
5,324
6,822
14,736
2,945
2,626

8,630
2,909
4,686
6,657
9,573
5,552
7,130
15,409
3,072
2,723

4.3
4.6
7.0
4.9
4.5
4.3
4.5
4.6
4.3
3.7

21,186
22,491
26,304
23,279
21,434
24,759
21,488
23,525
21,043
18,935

21,776
23,092
27,678
24,591
22,581
26,108
22,660
24,947
22,230
19,235

22,858
24,173
29,131
25,782
23,450
27,215
23,399
26,131
23,272
20,224

214
172
52
125
196
94
198
115
202
295

Stockton-Lodi, CA
Sumter, SC
Syracuse. NY
Tacoma, WA*
Tallahassee, FL
Tampa-St Petersburg-Clearwater,
FL
Terre Haute, IN
Texarkana, TX-Texarkana, AR
Toledo, OH
Topeka, KS

10,345
1,798
16,439
14,257
5,762

11,015
1,855
17,079
15,657
6,071

11,440
1,943
17,797
16,561
6,472

3.9
4.7
4.2
5.8
6.6

19,462
16,191
22,099
21,785
22,464

20,398
16,650
23,122
23,617
23,497

20,813
17,294
24,219
24,500
24,978

285
313
171
161
144

53,581
2,918
2,363
14,643
3,969

57,542
3,006
2,492
15,437
4,138

61,373
3,144
2,535
15,907
4,345

6.7
4.6
1.7
3.0
5.0

24,408
19,450
19,168
24,002
23,486

25,861
20,149
20,235
25,290
24,424

27,224
21,154
20,640
26,077
25,508

93
279
290
118
134

Trenton, NJ*
Tucson, AZ
Tulsa, OK
Tuscaloosa, AL
Tyler, TX
Utica-Rome, NY
Vallejo-Fairfield-Napa, CA*
Ventura, CA*
Victoria, TX
Vineland-Millville-Bndgeton, NJ*

11,031
15,985
18,236
3,224
3,710
6,064
11,291
18,524
1,772
2,921

11,729
16,797
19,325
3,401
3,979
6,290
12,014
19,810
1,856
3,038

12,447
17,959
20,608
3,547
4,234
6,573
12,841
21,020
1,971
3,195

6.1
6.9
6.6
4.3
6.4
4.5
6.9
6.1
6.2
5.2

33,452
20,845
24,183
20,338
22,676
20,134
23,387
26,057
22,057
20,682

35,557
21,570
25,269
21,269
24,016
21,143
24,567
27,432
23 019
21,557

37,551
22,723
26,533
22,063
25,190
22,302
25,874
28,711
24131
22,756

8
224
107
251
140
239
122
58
174
222

6,040
3,966
149,504
2,667
2,710
37 819
3,071
12618
2,899
2,348

6,284
4,212
157,925
2,842
2,904
38,836
3,152
13,477
3,016
2,451

6,698
4,435
168,006
2,961
3,050
41,361
3^316
14,255
3,126
2,558

6.6
5.3
6.4
4.2
5.0
6.5
5.2
5.8
3.6
4.4

17,427
19,720
32,896
21,811
22,318
38,070
19^531
23,984
21,115
19,756

17,943
20,813
34,318
23,418
23,755
38,272
20,209
25,239
22^032
20,754

18,893
21,826
36,043
24,484
24,781
40,044
21^348
26,211
22^851
21,791

308
257
14
163
148
5
270
113
215
259

15,756
4,584
4,177
3,646
8,693
12,718
2,480
2,071

16,628
4,998
4,331
3,851
9,123
13,339
2,551
2,200

18,012
5,298
4,533
3,954
9,565
13,693
2,676
2,411

8.3
6.0
4.7
2.7
4.8
2.7
4.9
9.6

28,464
22,171
19,511
24,458
23,609
21 235
18,205
16,572

29,736
23,492
20,035
25,418
24,599
22,383
18,676
17,047

31,885
24,272
20,718
25,791
25,596
23,089
19,532
18,277

27
168
288
124
131
206
305
310

Visalia-Tulare-Porterville, CA
Waco, TX
Washington, DC-MD-VA-WV*
Waterloo-Cedar Falls, IA
Wausau, Wl
West Palm Beach-Boca Raton FL
Wheeling, WV-OH
Wichita KS
Wichita Falls, TX
Williamsport, PA
Wilmington-Newark DE-MD*
Wilmington, NC
Yakima, WA
Yolo, CA*
York, PA
Youngstown-Warren, OH
Yuba City, CA
Yuma AZ

1997-98

3. Includes Metropolitan Statistical Areas, Primary Metropolitan Statistical Areas (PMSA's designated by *), and
New England County Metropolitan Areas (NECMA's). The New Haven-Bridgeport-Stamford-Danbury-Waterbury, CT
NECMA is presented as a PMSA (part of the New York CMSA).
Source: Table 1 in "Comprehensive Revision of Local Area Personal Income" in the July 2000 issue of the SURVEY OF CURRENT BUSINESS.

SURVEY OF CURRENT BUSINESS

January 2001

Regional Data •

L. Charts

SHARES OF U.S. PERSONAL INCOME BY REGION

1969

1999
Great Lakes
16.2%

Mideast
23.6%

New England

Plains
7.5%

Southeast
17.3%

Rocky Mountain
2.2%

Southwest
7.0%

SHARES OF U.S. GROSS STATE PRODUCT BY REGION

1977
Mideast
20.2%

New England
5.2%

Far West

15.7%

Southeast
19.6%

Southwest
9.3%

Rocky Mountain
2.8%

AVERAGE ANNUAL GROWTH RATE OF PERSONAL INCOME, 1969-99
STATES WITH FASTEST GROWTH




U.S. average
8.0%

Percent

D-71

D—72

•

Regional Data

SURVEY OF CURRENT BUSINESS

January 2001

SELECTED REGIONAL ESTIMATES
PER CAPITA PERSONAL INCOME, 1999

ND
$23,313

I
V
" ^

\

iwn ~Z"Z --' ^ - ^ ^ - a ^
$30,793 f
*
Wl
$27,390

(
\

United States $28,542

\
\

]

Q ]
|
[

States with highest levels

° I
f
^

w

"| States with lowest levels
| All other States

PERSONAL INCOME: PERCENT CHANGE, 2000:1-2000:11

MA 1.0

United States 1.7%
Fastest growing States
Slowest growing States
•

U.S- Department of Commerce, Bureau of Economic Analysis




All other States

January 2001

SURVEY OF CURRENT BUSINESS

Appendixes • D—73

Appendix A
Additional Information About the NIPA Estimates
Statistical Conventions
Changes in current-dollar GDP measure changes in the
market value of goods and services produced in the
economy in a particular period. For many purposes, it
is necessary to decompose these changes into quantity
and price components. To compute the quantity
indexes, changes in the quantities of individual goods
and services are weighted by their prices. (Quantity
changes for GDP are often referred to as changes in
"real GDP") For the price indexes, changes in the prices
for individual goods and services are weighted by quantities produced. (In practice, the current-dollar value
and price indexes for most GDP components are determined largely using data from Federal Government surveys, and the real values of these components are
calculated by deflation at the most detailed level for
which all the required data are available.)
The annual changes in quantities and prices are calculated using a Fisher formula that incorporates
weights from 2 adjacent years. For example, the annual
percent change in real GDP in 1997-98 uses prices for
1997 and 1998 as weights, and the 1997-98 annual percent change in the GDP price index uses quantities for
1997 and 1998 as weights. Because the Fisher formula
allows for the effects of changes in relative prices and in
the composition of output over time, the resulting
quantity or price changes are not affected by the substitution bias that is associated with changes in quantities
and prices calculated using a fixed-weighted formula.1
These annual changes are "chained" (multiplied)
together to form time series of quantity and price; the
percent changes that are calculated from these time
series are not affected by the choice of reference period.
The quarterly changes in quantities and prices are
calculated with weights from two adjacent quarters. As
part of an annual or comprehensive revision, the quarterly indexes through the most recent complete year are
adjusted to ensure that the average of the quarterly
indexes conforms to the corresponding annual index.
In addition, BEA prepares measures of real GDP and
its components in a dollar-denominated form, designated "chained (1996) dollar estimates." These estimates are computed by multiplying the 1996
current-dollar value of GDP, or of a GDP component,
by the corresponding quantity index number. For
example, if a current-dollar GDP component equaled
$100 in 1996 and if real output for this component
1. In addition, because the changes in quantities and prices calculated
using these weights are symmetric, the product of a quantity index and the corresponding price index is generally equal to the current-dollar index.




increased by 10 percent in 1997, then the "chained
(1996) dollar" value of this component in 1997 would
be $110 ($100 x 1.10). Note that percentage changes in
the chained (1996) dollar estimates and the percentage
changes calculated from the quantity indexes are identical, except for small differences due to rounding.
Because of the formula used for calculating real
GDP, the chained (1996) dollar estimates for detailed
GDP components do not add to the chained-dollar
value of GDP or to any intermediate aggregates. A
"residual" line is shown as the difference between GDP
and the sum of the most detailed components shown in
each table. The residual generally is small close to the
base period but tends to become larger as one moves
further from it. Accurate measures of component contributions to the percentage changes in real GDP and its
major components are shown in NIPA tables 8.2-8.6.
BEA also publishes the "implicit price deflator"
(IPD), which is calculated as the ratio of current-dollar
value to the corresponding chained-dollar value, multiplied by 100; the values of the IPD and of the corresponding "chain-type" price index are very close.
For quarters and months, the estimates are presented
at annual rates, which show the value that would be registered if the rate of activity measured for a quarter or a
month were maintained for a full year. Annual rates are
used so that time periods of different lengths—for
example, quarters and years—may be compared easily.
These annual rates are determined simply by multiplying the estimated rate of activity by 4 (for quarterly
data) or by 12 (for monthly data).
Percent changes in the estimates are also expressed at
annual rates. Calculating these changes requires a variant of the compound interest formula:

where r is the percent change at an annual rate; xt is the
level of activity in the later period; x0 is the level of
activity in the earlier period; m is the yearly periodicity
of the data (for example, 1 for annual data, 4 for quarterly, or 12 for monthly); and n is the number of periods
between the earlier and later periods (that is, t- 6).
Quarterly and monthly NIPA estimates are seasonally adjusted, if necessary. Seasonal adjustment removes
from the time series the average impact of variations
that normally occur at about the same time and in
about the same magnitude each year—for example,
weather, holidays, and tax payment dates. After seasonal
adjustment, cyclical and other short-term changes in
the economy stand out more clearly.

D—74 • Appendix A

SURVEY OF CURRENT BUSINESS

January 2001

Reconciliation 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
1998

1999

1999

II

I

2000

IV

III

II

I

BEA-derived compensation per hour of all persons in the nonfarm business sector
(less housing)'

5.1

4.8

5.0

5.5

4.2

3.9

5.9

6.3

Less: Contribution of supplements to wages and salaries per hour

-.5

-.3

-.4

-.5

-.4

.1

.2

-.1

Plus: Contribution of wages and salaries per hour of persons in housing and in nonprofit
institutions

-.3

_

-.3

-.5

-.3

-.1

-.1

-.5

Less: Contribution of wages and salaries per hour of persons in government enterprises,
unpaid family workers, and self-employed

-.1

0

-.1

-.1

-.1

-.1

-.3

Equals: BEA-derived wages and salaries per hour of all employees in the private
nonfarm sector

5.5

5.0

5.1

5.5

4.4

3.7

5.9

Less: Contribution of wages and salaries per hour of nonproduction workers in
manufacturing

-1

-1

4

4

2

4

4

Less: Other differences

1.5

1.4

1.0

1.4

1.3

-.3

1.6

1.9

Equals-. BLS average hourly earnings of production or nonsupervisory workers on
private nonfarm payrolls

4.1

3.6

3.7

3.7

3.1

3.8

3.9

3.8

Addendum:
BLS estimates of compensation per hour in the nonfarm business sector3

5.3

5.0

5.0

5.5

4.2

3.9

5.9

6.3

2

p

Preliminary.
1. Includes BLS data on compensation and hours of nonfarm proprietors and hours worked
of unpaid family workers.
2. Includes BEA use of non-BLS data and differences in detailed weighting. Annual estimates
also include differences in BEA and BLS benchmark procedures; quarterly estimates also include

-I

0

6.0

differences in seasonal adjustment procedures.
3. These estimates differ from the BEA-derived estimates (first line) because the BLS estimates
include compensation and hours of tenant-occupied housing.
BLS Bureau of Labor Statistics

Table 2.—Relation of Net Exports of Goods and Services and Net Receipts of Income in the NIPA's to Balance on Goods,
Services, and Income in the ITA's
[Billions of dollars]
Seasonally adjusted at annual rates
Line

Exports of goods, services, and income receipts, ITA's ....
Less: Gold, ITA's
Statistical differences*
Other items
Plus: Adjustment for grossing of parent/affiliate interest payments
Adjustment for U.S. territories and Puerto Rico
Services furnished without payment by financial intermediaries except life
insurance carriers

1998

1999

1999

2000

1191.4

1232.4

1204.0

1252.3

1298.4

1347.4

1414.5

1445.9

5.5
0
.9

5.3
0
1.0

3.2
0
.9

6.1
0
1.1

8.8
0
1.1

9.6
8.8
1.3

3.7
15.3
1.2

4.2
13.3
1.5

4.5
43.3

4.6
48.9

4.4
48.0

4.6
48.6

5.3
52.8

6.0
52.7

5.8
51.3

5.8
54.3

18.5

16.4

16.7

15.7

15.5

16.4

16.9

16.6

Equals: Exports of goods and services and income receipts, NIPA's

1251.4

1296.1

1268.9

1314.0

1362.2

1402.8

1468.3

1503.6

Imports of goods, services, and income payments, ITA's

1364.5

1515.9

1473.8

1565.3

1626.3

1705.3

1785.3

1850.0

6.5
0
0

5.8
0
0

3.2
0
0

7.4
0
0

9.3
0
0

9.6
5.5
0

3.0
7.5
0

4.2
9.0
0

-3.1
4.5
28.4
18.5

-2.7
4.6
32.6
16.4

-2.7
4.4
30.0
16.7

-2.6
4.6
32.5
15.7

-2.7
5.3
39.6
15.5

-3.2
6.0
36.2
16.4

-3.1
5.8
37.5
16.9

-2.8
5.8
45.6
16.6

Equals: Imports of goods and services and income payments, NIPA's

1406.4

1561.1

1519.0

1608.1

1674.8

1745.7

1832.0

1902.0

Balance on goods, services, and income, ITA's (1-9) .

-173.1

-283.5

-313.0

-327.9

-357.9

-370.8

-404.1

-4.1
0
.9

-3.2
0
1.0

-2.7
0
.9

-3.9
0
1.1

-3.2
0
1.1

-3.2
3.3
1.3

-2.4
7.8
1.2

-2.8
4.3
1.5

14.9

16.3

18.0

16.1

13.2

16.5

13.8

-155.0

-265.0

-250.1

-294.1

-312.6

-342.9

-363.7

Less: Gold, ITA's
Statistical differences1
Other items
Plus: Gold, NIPA's
Adjustment for grossing of parent/affiliate interest payments
Adjustment for U.S. territories and Puerto Rico
Imputed interest paid to rest of world

Less: Gold (2-10+13)
Statistical differences (3-11)1
Other items (4-12)
Plus: Adjustment for U.S. territories and Puerto Rico (6-15)
Equals: Net exports of goods and services and net receipts of income,
NIPA's (8-17)
1. Consists of statistical revisions in the NIPA's that have not yet been incorporated into the
ITA's (2000:lll) and statistical revisions in the ITA's that have not yet been incorporated into the
NIPA's (2000:l-2000:lll).




23

ITA's International transactions accounts
NIPA's National income and product accounts

8.7
-398.4

SURVEY OF CURRENT BUSINESS

January 2001

Appendix B •

Appendix B

Suggested Reading
The Bureau of Economic Analysis (BEA) has published
a wealth of information about the methodologies that
are used to prepare its national, regional, and international accounts.

National accounts
The national accounts encompass the detailed estimates
in the national income and product accounts (including
gross domestic product), the estimates of wealth and
related estimates, gross product by industry, the inputout accounts, and the satellite accounts.
National income and product accounts (NIPA's).
This series of papers documents the conceptual framework of the NIPA's and the methodologies that have
been used to prepare the estimates.
An Introduction to National Economic Accounting
(1985) [also in the March 1985 SURVEY]
Corporate Profits: Profits Before Tax, Profits Tax
Liability, and Dividends (1985)
Foreign Transactions (1987) [A revised version is
forthcoming.]
GNP: An Overview of Source Data and Estimating
Methods (1987) [Most of the information in
this paper has been superseded by "A Guide to
the NIPA's" (March 1998 SURVEY).]
Government Transactions (1988)
Personal Consumption Expenditures (1990)
These methodologies have been updated and improved, typically as part of the comprehensive and annual revisions of the NIPA's. The most recent revisions
are described in the following SURVEY articles.
"A Preview of the 1999 Comprehensive Revision
of the National Income and Product Accounts"
Definitional and Classificational Changes
(August 1999)
New and Redesigned Tables (September 1999)
Statistical Changes (October 1999)




"Improved Estimates of the National Income and
Product Accounts: Results of the Comprehensive Revision"
For 1959-98 (December 1999)
For 1929-99 (April 2000)
"Annual Revision of the U.S. National Income and
Product Accounts" (August 2000)
"A Guide to the NIPA's" (March 1998) provides the
definitions of the major NIPA aggregates and components, discusses the measures of real output and prices,
explains how production is classified and how the
NIPA's are presented, describes the statistical conventions that are used, and lists the principal source data
and methods that are used to prepare the estimates of
gross domestic product (GDP).
Information about the sources and methods that are
used to prepare the national estimates of personal income, which are the basis for the State estimates, is in
State Personal Income, 1929-97(1999).
"BEA's Chain Indexes, Time Series, and Measures of
Long-Term Economic Growth" (May 1997) is the most
recent in a series of articles that describe the conceptual
basis for the chain-type measures of real output and
prices that are used in the NIPA's.
"Reliability of the Quarterly and Annual Estimates of
GDP and Gross Domestic Income" (December 1998)
evaluates these estimates by examining the record of revisions to them.
Wealth and related estimates. Fixed Reproducible
Tangible Wealth in the United States, 1925-94 (1999)
discusses the concepts and statistical considerations
that underlie the estimates and their derivation.
"Fixed Assets and Consumer Durable Goods for
1925-98" (April 2000) describes the definitional and
statistical improvements that were incorporated in the
comprehensive revision of the estimates.
Gross product by industry. "Improved Estimates of

Mission and Strategic Plan
The mission statement of the Bureau of Economic Analysis and the latest update to
its strategic plan for improving the accuracy, reliability, and relevance of the
national, regional, and international accounts are available on BEA's Web site at
<www.bea.doc.gov>. For information about the development and the implementation of the plan, see these SURVEY articles.
"Mid-Decade Strategic Review of BEA's Economic Accounts: Maintaining and
Improving Their Performance" (February 1995)
"Mid-Decade Strategic Review of BEA's Economic Accounts: An Update" (April
1995)
"BEA's Mid-Decade Strategic Plan: A Progress Report" (June 1996)

D-75

D-76

• Appendix B

SURVEY OF CURRENT BUSINESS

"Gross Product by Industry for 1947-98" (June 2000)
describes the most recent comprehensive revision of
these estimates.
"Gross Domestic Product by Industry for 1997-99"
(December 2000) describes the most recent annual revision of the these estimates.
Input-output accounts. "Benchmark Input-Output
Accounts for the U.S. Economy, 1992" (November
1997) describes the preparation of the 1992 accounts
and the concepts and methods that underlie the accounts.
"Annual Input-Output Accounts of the U.S. Economy" presents annual tables that update the 1992
benchmark accounts
For 1996 (January 2000)
For 1997 (January 2001)
Satellite accounts. These accounts extend the analytical capacity of the national accounts by focusing on
one aspect of economic activity.
"Integrated Economic and Environmental Satellite Accounts" and "Accounting for Mineral
Resources: Issues and BEA's Initial Estimates"
(April 1994)
"A Satellite Account for Research and Development" (November 1994)
"U.S. Transportation Satellite Accounts"
For 1992 (April 1998)
For 1996 (May 2000)
"U.S. Travel and Tourism Satellite Accounts"
For 1992 (July 1998)
For 1996 and 1997 (July 2000)

January 2001

Investment Abroad: 1994 Benchmark Survey,
Final Results (1998)
"A Guide to BEA Statistics on U.S. Multinational
Companies," which is also available in the
March 1995 SURVEY

"Methodology for Foreign Direct Investment in
the United States," which is also available in
Foreign Direct Investment in the United States:
1992 Benchmark Survey, Final Results (1995)
"A Guide to BEA Statistics on Foreign Direct
Investment in the United States," which is also
available in the February 1990 SURVEY

International services. U.S. International Transactions in Private Services: A Guide to the Surveys Conducted by the Bureau of Economic Analysis (1998)
describes 11 surveys. It includes classifications, definitions, release schedules, the methods used to prepare
the estimates, and samples of the survey forms.

Regional accounts

The regional accounts include estimates of personal
income and gross state product.
Personal income. Estimates of personal income are
prepared for States and for local areas.
"Comprehensive Revision of State Personal Income
for 1969-99" (June 2000) summarizes the changes in
the methodology that is used to prepare the estimates.
The detailed methodology is available on the CD-ROM
State Personal Income, 1969-98.
"Comprehensive Revision of Local Area Personal Income for 1969-98" (July 2000) summarizes the changes
in the methodology that is used to prepare the estimates
International accounts
for counties and metropolitan areas. The detailed methThe international accounts encompass the international odology is available on the CD—ROM Regional Ecotransactions accounts, direct investment, and interna- nomic Information System, 1969-98.
Gross state product. "Comprehensive Revision of
tional transactions in services.
International transactions accounts (ITA's). The Gross State Product by Industry, 1977-94" (June 1997
Balance of Payments of the United States: Concepts, Data SURVEY) summarizes the sources and the methods that
Sources, and Estimating Procedures (1990) describes the are used to prepare the estimates. "Gross State Product
methodologies used to prepare the estimates in the by Industry, 1977-98" (October 2000) describes the
ITA's and the international investment position of the most recent comprehensive revision of these estimates.
United States. These methodologies are usually updated
and improved as part of the annual revisions of the
ITA's.
Availability
"U.S. International Transactions, Revised Estimates"
Most
of
the
items
listed
here are available on our
is a series of articles about the annual ITA revisions and
Web
site
at
<www.bea.doc.gov>;
in particular,
the improvements in methodology; the latest article is
look under "Methodologies." Our online Catalog
published in the July 2000 issue.
of Products provides descriptions of both our
Direct investment. International Direct Investment:
printed and electronic publications. The Catalog
Studies by the Bureau of Economic Analysis (1999) is a
also includes links to compressed files of our discollection of previously published articles on U.S. direct
kette products that can be downloaded for free.
investment abroad and foreign direct investment in the
For specific information about the availability
United States. It also includes the following informaof our most recently released estimates and prodtion.
ucts, see "Getting BEA's Estimates" on the inside
back cover.
"Methodology for U.S. Direct Investment Abroad" which is also available in U.S. Direct




-MM

Ui'M

^

S

Schedule of Upcoming BEA News Releases
U.S. International Trade in Goods and Services, November 2000*
State Personal Income, 3rd quarter 2000
Gross Domestic Product, 4th quarter 2000 (advance)

Jan. 19
Jan. 24
Jan. 31

8:30 a.m.
9:00 a.m.
8:30 a.m.

Personal Income and Outlays, December 2000
U.S. International Trade in Goods and Services, December 2000*
Gross Domestic Product, 4th quarter 2000 (preliminary)

Feb. 1
Feb. 21
Feb. 28

8:30 a.m.
8:30 a.m.
8:30 a.m.

Personal Income and Outlays, January 2001
U.S. International Transactions, 4th quarter 2000
U.S. International Trade in Goods and Services, January 2001*
Gross Domestic Product, 4th quarter 2000 (final) and
Corporate Profits, 4th quarter 2000 (revised)
Personal Income and Outlays, February 2001

Mar. 1
Mar. 15
Mar. 20

8:30 a.m.
8:30 a.m.
8:30 a.m.

Mar. 29
Mar. 30

8:30 a.m.
8:30 a.m.

U.S. International Trade in Goods and Services, February 2001*
State Personal Income, 4th quarter 2000 and
Per Capita Personal Income, 2000 (preliminary)
Gross Domestic Product, 1st quarter 2001 (advance)
Personal Income and Outlays, March 2001

April 18 8:30 a.m.

* Joint release by the Bureau of the Census and the Bureau of Economic Analysis (BEA)
For more information, call BEA at 202-606-9900, or go to our Web site at WWW.bea.doc.gov




".

April 24 9:00 a.m.
April 27 8:30 a.m.
April 30 8:30 a.m.