Full text of Survey of Current Business : July 1982
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JUtY 1982 / VOLUME 62 NUMBER ;, ; • • ^:>':i^''^J'^.^'-:<':: ^': ••"/:•• ; • - . . CONTENTS ^':^:^,''>>'f*\-i'/'/:: : -:--: : : ; V---'- > .''' ; THE-BUSINESS SITUATION- - i The U.S. National Income and Product Accounts: s'V'f,', * V' • " ^ " / .',, V • :" .\ '' ' .' \ -'''-. Revised Estimates" ; V-V-\;V-'Y;:'^-•'', - ; / \ - ' V ' ' ' V - - . ' " ; ' ; : ' ' • ' * 1977-81. • V\"- . . '••' V--''." . ' , , ,~• • •'- ' * First Quarter , 4 , ; National Income and Product Accounts Tables \ ..-•' ' \ , ,, 1, National Product und Income 22 2. Personal Income and Outlays 37 3. GoVernment Receipts and Expenditures 47 - ' .'-'',' . , - , , - ' 4. Foreign Transactions '65 ' 5. Saving and Investment 69 6. Product^ Income, and Employment by Industry 78 7. Implicit Price Deflators and Price Indexes 99 8. Supplementary Tables 116 9* Seasonally Unadjusted Estimates 127 Errata; National Income and Product Accounts, 1929-76 13O Errata: tJ»S« International Transactions, First Quarter 1982 136 State Personal Income S36 Robert G. Dederlck / for Economic Affairs '."'" George Jaszi /; Aliafi H. Young I Deputy Director Carol §» €a*so» /Editor-in-Chief, ' ••""- ~ "'' • ' ; ^ , Survey of Current Business ; , ;-','• V •,''.•;• : , ' •- Manuscript Editor : Dannelet A* Grosvenor " \ Managing Editor:P£Mi A. Trujillo , ".- "•:• :•"-, ' ; -, Stuff < C&titribitt&rs to '."FhiB 'Issue: Rcibert lii Browiir Carol -S. Carson, Bavid W, Cartwright^ -JE^witt J,'CoIemaHr Doiiglas „ _ &* Fox4 'George; J^s«i?', Eric;; K* Johiisoni, Robert p. vPairkjferf ', , National "iwe0tae,a«'ii -Wealtli Division '• ' -'•/ ' ;- '•"-'-'"• '? / SURVEY OF CURRENT B0S|NES§, Jhiblished mo»iWf by^'the of ^Etomoiiiic Analysis <>f the U.S. Pepattment of Commerce, Editor!^ al correspohdeiic^ should tfe/adtessed to tEe Editot-in-CWef, Survey of Ciiinrentt JBiasinesSi^ BJarean t>£ Eciottomic Analysis! *U;S* Departca^nf M Co^merce^ ; Annual stibseription: $ectmd*ciass mail—-$30.00 'Domestic; '$37, $Q^ - foreign. Siingle-copy': $4«?'5,-do-»iestic; $5.,95\torejgn«" • •" - ,'- ••,- , '; ,/' First-class mail rates &$d foreign "air mail rates -available CUEREMT BUSINESS •, ' .'.'/ \ - • • General 'SI' • /•;._.- ' / - ': _, j,V.\' '-' - ,\ - ' - • ' ; ' " < " : ' -; ' '- :•-- " •': " • Footnotes , -S33" . • - . - - ; : : / / ' . . 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", 18354&sem%,St; 765-5345, ,VS17 Hi.'Wis<»»s eyea»e pitoJ Am- * ' " the BUSINESS SITUATION REAL GNP increased 1% percent at an annual rate in the second quarter.1 According to revised estimates presented later in this issue, real GNP had peaked in the third quarter of 1981, and then dropped 5-5% percent in both the fourth quarter of 1981 and first quarter of 1982 (table 1). The following are highlights of this contraction and the second-quarter increase in terms of personal income, GNP prices, and the components of real GNP. lie a larger increase in personal income in the second quarter than in the two preceding quarters. The impact of legislation on personal taxes helped insulate disposable personal income from the weakness in personal income. The impacts included a $15 billion cut in withheld income taxes under the Economic Recovery Tax Act of 1981 (ERTA) effective October 1, rate reductions on nonwithheld income taxes amounting to $4 billion effective January 1, and various exclusions introduced in the and second quarters under ERTA • Personal income, and also real first and the Oil Windfall Profit Tax disposable personal income, did better Act of Crude 1980. (A further cut under in the second quarter than in the two ERTA, amounting to roughly $25 bilpreceding quarters. lion, became effective July 1.) Reflecting these income and tax dePrivate wage and salary disburse- velopments and also PCE prices, real ments, which were severely depressed disposable personal income registered by declines in production, increased a better performance in the second more in the second quarter than in quarter—a 3-percent annual rate inthe first (table 2). Proprietors' income crease—than in the fourth and first declined less in the second quarter quarters, when it increased 1 percent than in both the first and fourth and declined 2 percent, respectively. quarters. These production-related developments, in combination with • GNP price increases slowed sublarger increases in personal interest stantially from the fourth quarter of income and transfer payments, under1981 to the first quarter of 1982, and then slightly from the first quarter to 1. The second-quarter GNP estimates are based on the second, as measured by the fixedthe following major data sources. For personal con- weighted price index. sumption expenditures (PCE), retail sales and unit auto and truck sales through June; for nonresidential fixed investment, the same information for autos and trucks as for PCE, April and May construction put in place, and April and May manufacturers' shipments of equipment; for residential investment, April and May construction put in place, and April and May housing starts; for change in business inventories, April and May book values for manufacturing and trade, and unit auto inventories through June; for netexports of goods and services, April and May merchandise trade, and fragmentary information on investment income for the quarter; for government purchases of goods and services, Federal unified budget outlays for April and May, State and local construction put in place for April and May, and State and local employment through June; and for GNP prices, the Consumer Price Index for April and May, the Producer Price Index for April and May, and unit value indexes for exports and imports for April and May. Some of the source data are subject to revision. Quarterly estimates in the national income and product accounts are expressed at seasonally adjusted annual rates, and quarterly changes in them are differences between these rates. The increase in GNP prices slowed from an annual rate of 8% percent in the fourth quarter (including a little over 1 percentage point for the effect of the Federal pay raise) to 5 percent in the first quarter and 4% percent in the second (table 3). The slowing was evident in the prices of fixed investment goods and of government purchases as well as in the prices of personal consumption expenditures (PCE), which have a weight in GNP prices of almost two-thirds. Within PCE, energy prices declined in the first and second quarters, largely due to gasoline prices, and increases in prices of expenditures on other than food and energy dropped to 6-6% percent from 9 percent in the fourth quarter. Table 1.—Real GNP: Change From Preceding Quarter [Percent change at annual rates; based on billions of 1972 dollars, seasonally adjusted at annual rates] 1982 1981 —5.3 GNP Final sales ... . . . Personal consumption expenditures Durables Motor vehicles and parts .... Furniture and household equipment Other durables Nondurables Food Energy1 ; . Clothing and shoes Other nondurables Services Energy2 Other services Gross private domestic fixed investment . . . .. Nonresidential.. ....... Structures . . .. Producers' durable equipment Autos trucks and buses Other Residential II I IV -2.3 —5.1 1.7 .2 .7 -3.3 2.4 3.0 -20.9 -36.9 10.5 45.3 4.4 -6.4 -15.2 -12.0 7.7 .1 2.5 -7.8 -.5 23 0 3.2 -2 -5.0 .6 5.9 -17 -25.3 6.9 -1.0 -.7 1.4 3.9 -90 .7 5.1 3.9 4.9 14.4 4.4 -2.9 29 1.9 6.5 2.7 10.5 2.7 -6.0 -6.3 -5.0 -8.5 1.5 -7.7 -9.7 1.5 -12.8 3.1 Net exports of goods and services Exports Merchandise Agricultural ... Nonagricultural Other Imports Merchandise Petroleum Nonpetroleum Other Government purchases of goods and services Federal National defense Nondefense Commodity Credit Corporation3 Other State and local 24 2.7 530 71 -8.3 -127 -15.3 _9 18 9 —9.2 1.6 -7.4 11.4 122 14.0 60 175 19.0 20.1 -30.1 —44.2 -28.9 176 176 3.4 251 7.0 —29 -63 20.4 10.1 436 -5.4 -8.1 _ 9 -4.3 -4.8 5.4 -.8 _ g 72 _ g -48.9 -16.4 7.2 -492 -4.3 .2 Change in business inventories 1. Gasoline and oil, and fuel oil and coal. 2. Electricity and gas. 3. Estimates, in billions of 1972 dollars, for the third quarter of 1981 through the second quarter of 1982 were: 1.9, 5.7, 6.1, and 0.2. NOTE.—Most dollar levels are found in the National Income and Product Accounts Tables, table 1.2. July SURVEY OF CURRENT BUSINESS • Personal consumption expenditures declined in the fourth quarter, and increased moderately in the first and second quarters. The fourth-quarter decline in PCE was largely accounted for by motor vehicles, as was the first-quarter increase. In the first quarter, auto manufacturers introduced cash rebates to boost sales; sales were maintained in the second quarter by offers of extended warranties and interest rate subsidies to purchasers. With motor vehicle sales flat, the second-quarter increase in PCE was mainly in furniture and equipment, after several quarters of decline; food; clothing and shoes; gasoline, in part a response to the decline in its price; and transportation services. • Nonresidential fixed investment weakened over the three quarters. The weakening in nonresidential fixed investment centered in producers' durable equipment (PDE), which declined each quarter. In the fourth quarter, the decline was more than accounted for by motor vehicles; in the first and second quarters, other PDE declined substantially. There were large declines in purchases of aircraft and computers, and continued weakening in purchases of equipment—such as agricultural machinery, construction machinery, and mining and oil field equipment—used in industries that have been hard hit in recent quarters. Increases in nonresidential structures, which had been substantial through the third quarter of 1981, tapered in the fourth quarter and were small in the first and second quarters. In 1981, industrial construction and oil and gas well drilling had been major factors in the increases; in the first half of 1982, these types of construction were down. In contrast, commercial construction, which had shown moderate increases in 1981, was stepped up. Although the volatility of motor vehicles and, to a lesser extent, of aircraft and computers blurs the cyclical pattern of investment obtainable from these estimates, they seem consistent with the low level of business investment plans for 1982 reported in the BE A survey of expenditures on new plant and equipment. • Residential investment bottomed out in the first half of 1982, ending a three-quarter slide. Although the slide had ended, residential construction remained in the doldrums in the first half of 1982. It was as low as its troughs in the 1970 and 1974-75 recessions. A small decrease in the first quarter and a small increase in the second were in parts of residential investment other than construction—commissions on the sale of residences in the first quarter, and additions and alterations in the second. Table 2.—Personal Income and Its Disposition: Change From Preceding Quarter [Billions of dollars; based on seasonally adjusted annual rates] 19*]2 1981 I IV 18.9 10.4 14.2 -4.2 2.6 1.8 10.0 -3.6 .2 3.1 .3 -1.5 4.4 6.7 7.4 86 4.1 3.6 34 77 Wage and salary disbursements Manufacturing Other commodity-producing Distributive Services Government and government rop . Nonfarm 11.4 8.8 12.1 Transfer payments 5.9 3.8 10.4 Other income 4.7 4.2 4.0 Personal interest income • Change in business inventories (CBI) showed sharp quarter-to-quarter fluctuations, to which motor vehicle inventories contributed significantly. Less: Personal contributions for social insurance .... Personal income • Less: Personal tax and nontax payments . . Impact of legislation Other ..... Motor vehicle inventories, after having contributed little to the quarter-to-quarter change in CBI in the fourth quarter, were a major factor in the first and second quarters (chart 1). In the first quarter, there was a swing to sharp decumulation, as the cash rebates helped reduce an overhang of dealer inventories. In the second quarter, there was a swing to moderate accumulation. This swing 12 2.6 1.4 -6.7 -1.0 -2.5 — 9 . II Equals: Disposable .9 3.6 .7 36.4 15.9 38.9 -4.9 -14.7 9.8 personal .2 -10.5 10.7 4.1 -4.6 8.7 41.4 15.7 34.9 Less* Personal outlays 17.0 35.1 32.0 Equals' Personal saving 24.2 2.9 -19.4 Addenda: Special factors— Cost-of-living increases in Federal transfer payments Social security base and rate changes (in personal contriFederal pay raise .5 32 .3 6.2 . ... 2.4 .4 NOTE.—Most dollar levels are found in the National Income and Product Accounts Tables, table 2.1. Table 3.—Fixed-Weighted Price Indexes: Change From Preceding Quarter [Percent change at annual rates; based on index numbers (1972=100) seasonally adjusted] 1982 1981 ' II GNP IV III 84 89 5 I II 85 48 46 4.6 Less: Change in business inventories Equals: Final sales Less" Exports Plus: Imports .. . 8.4 8.9 8.6 4.8 5.2 10 4.7 24 —30 4.9 6.7 -8.4 1.7 -5.0 Equals: Final sales to domestic purchasers 7.9 7.4 79 5.0 3.8 Personal consumption expenditures Food Energy . . . . Other personal consumption expenditures 7.7 3.5 85 7.6 6.5 2 95 7.1 20 65 88 4.9 7.0 46 59 30 30 144 63 8.4 7.0 104 54 85 8.9 78 75 81 65 8.5 61 75 63 46 38 52 24 11 1 4.7 44 55 26 58 36 173 62 100 22 100 66 56 30 73 93 78 86 94 88 93 96 84 95 45 48 54 58 Other '.... Nonresidential structures . Producers' durable equipment Residential Government purchases . .. . . . . . . . ... 11 1 .... 61 Addendum: Food and energy components of GNP:2 Food components 3 Energy components 4 GNP less food components GNP less energy components . GNP less food and energy components .. .... .. . 55 53 1. Index number levels for the first quarter of 1981 through the second quarter of 1982 were: 195.9, 199.9, 204.2, 208.4, 210.8, and 213.2. 2. Inasmuch as GNP is a sum of final products, the food and energy estimates in this table do not take into account the effect on the prices of final products of changes in the prices of the food and energy that are costs of production. 3. Consists of all components for which separate estimates are prepared. The major component that is not included is purchases of food by the Federal Government other than transactions by the Commodity Credit Corporation that are treated like purchases. 4. Consists of all components for which separate estimates are prepared. The major components that are not included are (1) exports of energy, (2) the gasoline and motor oil portions of inventories of gasoline service stations, and (3) the energy portions of inventories of businesses that do not produce energy for sale. 5. The Federal pay raise accounted for 1.2 percentage points of the increase in the index for GNP. NOTE.—Index number levels are found in the National Income and Product Accounts Tables, table 7.2. SURVEY OF CURRENT BUSINESS July 1 more than accounted for the large— Real Product: Change From Preceding Quarter Billion (1972)$ 40 GROSS, NATIONAL: PRODUCT 30 20 10 0 -10 -20 -30 -40 10 CHANGE IN BUSINESS, 0 -10 30 20 PERSONAL CONSUMPTION EXPENDITURES. 10 $10 billion—contribution of motor vehicle production to the change in second-quarter GNP. Other inventories registered a sharp drop in the rate of accumulation in the fourth quarter, followed by liquidation, more rapid in the second quarter than in the first. The additions to inventories in the fourth quarter, in combination with a decline in business final sales, pushed the ratio of inventories to these sales to 3.32, up from a low of 3.19 in the first quarter and the highest the ratio had been since the mid1970's. The subsequent runoff of inventories in the first and second quarters lowered the ratio to 3.27—a value that does not suggest an overall imbalance. Total CBI was the dominant component in the change in GNP in the three quarters—it accounted for about one-half of the decline in the fourth quarter, and for more than the decline in the first quarter and the increase in the second. • Net exports, following a sharp slide, increased slightly in the first quarter but declined in the second. 0 -10 -20 -30 10 -; FIXED INVESTMENT . 0 -10 •TB'-" I Residentiaf entiaf -20 30 10 0 NET EXPORTS §•1* -10 10 GOVERNMENT PURCHASES 0 -10 Federal J_ _L 1979 1980 1981 1982 Based on Seasonally Adjusted Rates U.S. Department of Commerce, Bureau of Economic Analysis 82-7-1 Counter to its usual stabilizing effect during economic weakness, net exports declined in 1981, ending with a sizable decline in the fourth quarter. In the first quarter, net exports increased slightly but declined again in the second. Except in the first quarter, most of the fluctuations were traceable to merchandise trade. In that quarter, net direct investment income declined, mainly due to lower earnings on direct investment. The major factor slowing the slide in net exports was merchandise imports, which, after five consecutive quarters of large increases, dropped in the first quarter and was un- changed in the second. The first-half performance of imports appears to have reflected the reduced level of U.S. economic activity. Nonagricultural merchandise exports were down sharply in each of the three quarters, continuing a downtrend since early 1981. Increases in agricultural exports were offsets in the fourth and second quarters. The decline in nonagricultural exports, which reflected weak economic conditions abroad and earlier appreciation of the dollar, was widespread. * Government purchases increased in the fourth quarter and declined in the first and second quarters, mainly reflecting the purchases of the Commodity Credit Corporation (CCC). CCC purchases continued to be the source of large fluctuations in government purchases. They accounted for $4 billion of the $5 billion increase in government purchases in the fourth quarter; in the second quarter, when they declined $6 billion, they more than accounted for the decline. In the fourth quarter, a substantial addition in CCC inventories'—which are treated as purchases—reflected the record corn crop and low market price. After another substantial addition in the first quarter, little was added to CCC inventories in the second. Caution should be exercised when interpreting CCC purchases, particularly when using them to explain quarterly changes in GNP, (See the Special Note in the January 1982 SURVEY.) Defense purchases, which in 1981 began to register quarterly increases, increased about $1^ billion in the fourth and second quarters, but were down $1)^ billion in the first. Other Federal purchases as well as State and local purchases generally moved down over the period. 4 SURVEY OF CURRENT BUSINESS July The U.S, National Income and Product Accounts: Revised Estimates • 1977-81 • First Quarter 1982 HMATES of the national income and product accounts (NIPA's) for the last 5 years have been revised. Revisions such as presented in this issue of the SURVEY are usually done each year, in July. However, this revision is the first July revision since 1979. The revision that would have been done in 1980 was combined with the comprehensive revision completed in December of that year, and the one that would have been done in 1981 was omitted because key source data were not available in time. The revisions usually presented in July incorporate new source data and update seasonal adjustment factors for the monthly and quarterly series. Table 1 shows the most important new source data for the current-dollar estimates and the years they affect. Following an overview of the revisions for 1977-81 in terms of GNP and charges against GNP, this article will focus on the sources of the revisions for the year 1981. Revisions for that year reflect the revisions to levels in earlier years, largely due to the incorporation of the source data shown in the table, and also source data that became available after the close of 1981. Two methodological changes that were introduced—one affecting expenditures on housing services and rental income, the other affecting interest received and paid to foreigners—will be described. Thereafter, the estimates will be examined to see whether and to what extent the revisions suggest a new view of recent economic developments. It is found that rates of growth of major constant-dollar aggregates and price series are not significantly changed. The productivity increase is higher over the revision period, but the picture of retarded productivity growth is unchanged. The composition of GNP by major type of product and by sector and legal form is slightly clianged, as are the timing and amplitude of cyclical fluctuations. The re- vised estimates do provide a modified view of saving and investment. Personal saving and the personal saving rate are substantially higher, and so is the producers' durable equipment component of fixed investment. The revised estimates for the period including the first quarter of 1977 through the first quarter of 1982, as well as preliminary estimates for the second quarter of 1982, are shown following this article. (The box on page 8 describes the other forms in which the revised estimates are available.) Estimates for earlier years can be found in correspondingly numbered tables in National Income and Product Accounts of the United States, 1929-76 Statistical Tables.^ Corrections to that volume, primarily affecting constant-dollar and price series for 1973-76, for personal consumption 1. Estimates in the special supplement titled National Income and Product Accounts, 1976-79, are superseded. ACKNOWLEDGEMENTS Robert P. Parker, Chief of the National Income and Wealth Division, was responsible for planning and carrying through the annual NIPA revision/Joseph C. Wakefield, Chief of the Government Division, directed major parts of the work for this project. Gerald F. Donahoe, Norman E. Bakka, and M. Greg Key were responsible for developing the computer systems for assembling the data to produce the tables. Carol S. Carson and George Jaszi wrote the article describing the revisions. BEA staff that made significant contributions to the revisions are listed below: Personal consumption expenditures—JAMES C. BYRNES, Clinton P. McCully, Paul R. Lally, Daniel J. McCarron, Moses J. Branch, Ellen B. Arroyo. Investment—JOHN C. HINRICHS. Fixed investment—Stephen P. Baldwin, Jeffrey W. Crawford. Inventories—Teresa L. Weadock, John Mon, Anthony D. Eckman, Mary K. Osinalde. Net exports—LEO M. BERNSTEIN, Phyllistine M. Barnes. Federal government transactions—DAVID T. DOBBS. Transfer payments and contributions—Kathleen H. Downs. Constantdollar estimates—Richard C. Ziemer, Robert J. Shue, Robert T. Mangan, Karl D. Galbraith. Other expenditures and receipts— Hermione A. Anglin, Deloris T. Tolson. Computer servicesArthur A. Morton. State and local government transactions—DAVID J. LEVIN. Receipts and expenditures—Henry H. Newman-Santos, Frances J. Lantz. Constant-dollar estimates and computer services— Donald L. Peters. Farm output and alternative measures of price change—SHELBY W. HERMAN. Personal income—MARY W. HOOK. Wages and salaries—Pauline M. Cypert. Other labor income—Martin Murphy. EmploymentMary Carol Barron. Interest—George M. Smith, Jeanette M. Honsa. Rental income of persons—Teresita Chan. Other contributors to the personal income estimates include Thae S. Park, Imogene C. Petersen, and Mary V. Pitts. Business income—KENNETH A. PETRICK. Corporate profitsWillie J. Abney, Dorothy G. Collins, Jerry L. Stone. Nonfarm proprietors' income—Mary E. Joyce, Kwok Y. Leung. Capital consumption allowances and adjustments—JOHN A. GORMAN, John C. Musgrave, Gerald Silverstein, Kathryn A. Comins. Industry product—DONALD P. ELDRIDGE, Sherlene K.S. Lum, Vesta Jones, Susan P. Den Herder, M. Greg Key, Marilyn E. Baker. Secretarial—Eunice V. Blue, Dorothy A. Wilson, Esther M. Carter, Linda M. Brown. SURVEY OF CURRENT BUSINESS July expenditures and for State and local government purchases, as well as aggregates of which they are components, are shown on pages 130-133 of this issue of the SURVEY. The "National Income and Product Accounts the ones introduced at the time of the comprehensive revision completed in 1980. In the numbering system introduced at that time, the number before the period refers to one of nine groups: 1. national product and Tables," which show current estimates, will be resumed in the August issue. The full set of NIPA estimates in this issue of the SURVEY is contained in over 130 tables. The formats are Table 1.—Major New Source Data for Current-Dollar Estimates • —-—_^____^^ Source data Components "^^~~^~~^----^. Census Bureau Annual Retail Trade and Annual Trade Surveys PCE Goods : • Nonresidential fixed investment Services Structures PDE .' GNP Residential fixed investment ' . . .• ; . •. . . •...: .. Net exports CBI Merchandise Services ."•'.• . •• Government purchases Federal State and local 1978 r & 1979-80 1979-80 1977r& 1978-79 1977 r& 1978-79 1979-80 Census Bureau Annual Housing Survey and C 1980 r & 1981 1980' & 1981 1978 r & 1979-80 1977-79r & 1980-81 1977-79r& 1980-81 19.78r& 1979-80 1977-79 r & 1980-81 1977-79r& 1980-81 Bureau of Economic Analysis U.S. international transactions accounts r 1977-79r & 1977-79 & 1980-81 1980-81 Office of Management and Budget Federal budget 1980-81 1978-80 Census Bureau surveys of State and local government Bureau of Labor Statistics tabulations of employees covered by State unemployment insurance 1979 r& 1980-81 Bureau of Economic Analysis capital stock statistics.. Charges against GNP ^^~"^\^^ Source data Components ^^^\^^ Compensation of employees Wages and salaries Supplements Proprietors' income with IVA and CCAdj Farm Nonfarm Rental income of persons with CCAdj Corporate profits with IVA and CCAdj 1977 r& 1978-79 1977 r& 1978-79 Capital consumption allowances with CCAdj Net interest Capital consumption allowances CCAdj Other Charges Census Bureau Annual Retail Trade and Annual Trade Surveys 1977r& 1978-79 Internal Revenue Service tabulations of business tax returns 1978-79' & 1980 1977 r & 1978-79 1977 r & 1978-80 1977-79r & 1980 Census Bureau value of new construction put in place Census Bureau Annual Survey of Manufactures 1977-79r & 1980-81 1977 79 r & / 1980-81 Bureau of Economic Analysis U.S. international transactions accounts Office of Management and Budget Federal budget 1977-79r & 1977-79r & 1980-81 1980-81 1980-81 Census Bureau surveys of State and local government Bureau of Labor Statistics tabulations of employees covered by State unemployment insurance Bureau of Economic Analysis capital stock statistics 1980-1981 1980-81 1978-81 1978-80 1979 r & 1980-81 1977-79r & 1977-79r& 1977-79r& 1980-81 1980-81 1980-81 r Revised. NOTES.—1. Years shown are the years of the estimates into which the new source data are directly incorporated. 2. PCE personal consumption expenditures PDE producers' durable equipment CBI change in business inventories IVA inventory valuation adjustment CCAdj capital consumption adjustment 1977-79 r& 1980-81 July SURVEY OF CURRENT BUSINESS 6 Overview of the Revisions, 1977-81 income, 2. personal income and outlays, 3. government receipts and expenditures, 4. foreign transactions, 5. saving and investment, 6. product, income, and employment by industry, 7. implicit price deflators and price indexes, 8. supplementary tables, and 9. seasonally unadjusted estimates. The number after the period refers to an individual table in a group. Because the tables have been greatly expanded over the last decade—the 1976 comprehensive revision was presented in 81 tables, of which 26 were new—the article that follows will selectively refer to NIPA tables, especially those that appear only annually, to focus attention on the availability of the estimates in them. Definitions have not been changed in this revision. Definitions of entries in the summary national income and product accounts, shown in table A on page 20, can be found in National Income and Product Accounts of the United States, 1929-76: Statistical Tables and in "The National Income and Product Accounts of the United States: An Overview," in the February 1981 SURVEY. That article presents a summary explanation of the conceptual framework of the NIPA's. Current-dollar GNP was revised up each year—negligibly in 1977, and then $7.8 billion, $3.9 billion, $7.0 billion, and $12.2 billion (table 2). The revisions in percent changes were small—up 0.1 and 0.4 in 1977 and 1978, down 0.3 in 1979, and up 0.1 and 0.2 in 1980 and 1981 (table 3). Each year, the level of personal consumption expenditures (PCE) was revised down; the level of investment, particularly producers' durable equipment (PDE), was revised up. In other components, revisions were generally small and not consistently in one direction. The upward revision in percent change in GNP prices was larger over 1976-81 (and also over 1972-81, to allow for the corrections for 1973-76) than that in current-dollar GNP, and, accordingly, the revision in percent change in constant-dollar GNP was down. In 1972 dollars, the revisions (including the corrections for 1973-76) were down in each year except 1978: $2.0 billion in 1977, up $1.7 billion in 1978, and then down $3.6 billion, $6.7 billion, and $7.6 billion. In percent change, there was no revision in 1977, the revision was up 0.3 in 1978, and then down 0.4, 0.2, and 0.1 (chart 2). The levels of PCE and also of net exports and government purchases were revised down; investment, particularly in PDE, was revised up. In the fixed-weighted price index for GNP, a downward revision in percent change of 0.1 in 1977 was followed by upward revisions of 0.2, 0.1, 0.3, and 0.2 in 1978-81 (chart 3). Upward revisions in the fixed-weighted price index were concentrated in prices of government purchases and, to a smaller extent, in PCE prices. Revisions in the prices of other GNP components were small except in a few instances. For example, prices of nonresidential structures were not revised or were revised only 0.1 percentage point in 4 of the 5 years, but were revised 0.7 percentage point in 1979. Charges against GNP were revised up each year—moderately in 1977, 1979, and 1980, and $16.8 billion in 1978 and $13.3 billion in 1981 (table 4). Net interest was revised up each year; by 1981 the revision was substantial, $20.2 billion. Capital con- Table 2.—Gross National Product 1977 Previously published Revised 1979 1978 Previously published Revision Revised Previously published Revision Revised 1980 Revision Previously published Revised 1981 Revision Previously published Revised Revision Billions of current dollars Gross national product Personal consumption expenditures Goods Fixed investment Nonresidential..... Residential Change in business inventories Exports. . Imports .. Government purchases of goods and services Federal State and local 2,413.9 2,417.8 3.9 2,626.1 2,633.1 7.0 2,925.5 2,937.7 12.2 -3.7 -1.1 -2.6 1,672.8 887.6 785.2 1,667.2 884.7 782.5 -5.6 2.8 -2.7 1,857.8 975.2 882.6 1,843.2 969.1 874.1 -14.6 -6.2 -8.4 11.1 13.2 2.1 434.4 328.9 105.5 451.1 346.1 104.9 16.7 17.3 -.6 1,918.0 1,918.3 0.3 2.156.1 2,163.9 7.8 1,205.5 657.8 547.7 1,204.4 657.0 547.4 -1.0 .8 2 1,348.7 729.1 619.6 1,346.5 728.4 618.0 22 -.7 -1.6 1,510.9 814.6 696.3 1,507.2 813.4 693.7 301.3 205.5 95.8 301.0 205.2 95.8 -.2 -.3 0 353.2 242.0 111.2 360.1 248.9 111.2 6.9 6.9 0 398.3 279.7 118.6 408.8 290.2 118.6 10.4 10.5 0 401.2 296.0 105.3 412.4 309.2 103.2 4.3 17.5 14.3 -3.2 -5.9 -10.0 -4.1 16.2 20.5 4.3 6 13.2 281.4 268.1 2 .2 23.3 339.8 316.5 25.2 339.2 314.0 1.9 .6 -2.5 26.0 367.3 341.3 26.1 367.3 341.3 .1 0 _i 474.4 168.3 306.0 .6 .5 .1 534.7 198.9 335.8 538.4 197.2 341.2 3.7 17 5.4 591.2 230.2 361.0 596.9 228.9 368.0 5.7 12 7.0 1,480.7 1,474.0 67 1,510.3 1,502.6 21.0 23.0 2.0 22.2 26.5 -4.2 183.3 187.5 -4.0 182.7 186.7 .2 -.5 -.8 -.6 219.8 220.4 11 218.7 219.8 -1.1 -.6 13.4 281.3 267.9 394.5 143.9 250.6 393.8 143.4 250.4 -.7 -.4 2 432.6 153.4 279.2 431.9 153.6 278.3 -.7 .2 9 473.8 167.9 305.9 1,371.7 1,369.7 -2.0 1,436.9 1,438.6 1.7 1,483.0 1,479.4 -1.6 -.8 -.8 930.9 501.2 429.6 927.6 500.3 427.3 -3.3 _ g -2^3 935.1 494.2 440.9 930.5 492.9 437.6 46 -1.3 -3.3 958.9 506.7 452.2 947.6 502.4 445.2 -11.2 43 -7.0 6.6 6.6 0 206.6 158.4 48.1 213.3 166.1 47.2 6.8 7.7 — .9 207.6 162.4 45.2 216.9 172.0 44.9 9.2 9.5 -.3 0 Billions of constant (1972) dollars Gross national product -3.6 -7.6 863.9 472.4 391.5 864.3 471.4 393.0 .4 10 1.4 904.8 492.0 412.8 903.2 491.2 412.0 201.2 140.6 60.6 200.9 140.3 60.7 -.3 -.3 0 215.8 153.4 62.4 220.7 158.3 62.4 4.9 4.9 0 222.5 163.3 59.1 229.1 169.9 59.1 12.3 13.3 .9 14.0 16.0 2.1 10.2 7.3 29 50 20 7.1 9.0 1.8 Net exports of goods and services Exports Imports 21.9 113.2 91.3 22.0 112.9 90.9 .1 -.3 4 24.6 127.5 103.0 24.0 126.7 102.7 -.5 8 -.3 37.7 146.9 109.2 37.2 146.2 109.0 5 -.7 2 52.0 161.1 109.1 50.6 159.2 108.6 14 -1.9 5 44.9 160.4 115.5 42.0 158.5 116.4 29 -2.0 .9 Government purchases of goods and services Federal State and local 272.3 100.7 171.6 269.2 100.4 168.8 -3.2 -.3 -2.9 277.8 99.8 178.0 274.6 100.3 174.3 -3.1 .5 -3.7 281.8 101.7 180.1 278.3 102.1 176.2 -3.5 .4 39 290.0 108.1 181.9 284.6 106.5 178.1 -5.4 -1.7 -3.7 291.7 111.5 180.2 287.1 110.4 176.7 -4.6 -1.1 -3.5 Personal consumption expenditures Goods Services .. Fixed investment Nonresidential Residential Change in business inventories Source: NIPA tables 1.1 and 1.2. -2.9 July SURVEY OF CURRENT BUSINESS sumption allowances with capital consumption adjustment was also revised up, particularly in 1980 and 1981. In contrast, proprietors' income with inventory valuation and capital consumption adjustments was revised down substantially in those years. Other components shown in table 4 were revised by smaller amounts and not consistently in one direction. In compensation of employees, large upward revisions in wages and salaries in 1980 and 1981 were about offset by downward revisions in the other labor income component of supplements to wages and salaries. As a result of the revisions, the statistical discrepancies are smaller, but year-to-year changes in them are larger; The statistical discrepancy is GNP less charges against GNP, and arises because GNP and charges against GNP are estimated independently by methodologies that are subject to error. ries of goods not estimated directly on the basis of retail sales—motor vehicles, and gasoline and oil—were revised up. For gasoline, which is estimated as the product of volume and price, a new indicator of volume—deflated Census Bureau sales of gasoline service stations—was used to extrapolate the 1980 estimate. The estimates for 1978-80 were revised down, reflecting the incorporation of data on gasoline consumption from the Federal Highway Administration. In services, downward revisions of $8.4 billion in level and $5.7 billion in change reflected a large—$11.4 billion—revision in housing and smaller revisions in several other categories, which on balance were upward. The downward revision in housing was due to a change in methodology and to revisions in source data. The change in methodology was for estimating the space rent of permanent-site, owner-occupied, nonfarm Revisions for 1981 Current-dollar GNP Current-dollar GNP was revised up $12.2 billion in 1981, accounted for by a $7.0 billion upward revision in level through 1980 and a $5.2 billion upward revision in the change in 1981. For both the revision in level and in change, the dominant features were, as in earlier years of the revision period, an upward revision in investment that more than offset a downward revision in PCE. The 1981 level of PCE was revised down $14.6 billion, of which revision in change in 1981 was $9.0 billion. In goods, downward revisions of $6.2 billion in level and $3.4 billion in change were more than accounted for by the part estimated on the basis of the Census Bureau monthly retail sales series. Incorporation of revised series lowered nondurable categories, particularly food. In contrast, the catego- Table 3.—Gross National Product and Fixed-Weighted Price Indexes [Percent change from preceding year] 1978 1977 Previously published Revised Revision Previously published 1979 Revision Revised Previously published Revised 1980 Revision Previously published 1981 Revised Previously published Revision Revised Revision Current dollars 11.6 11.7 0.1 12.4 12.8 0.4 12.0 11.7 8.8 8.9 0.1 11.4 11.6 0.2 Personal consumption expenditures Fixed investment Nonresidential Residential 11.2 22.5 18.1 33.1 11.1 22.4 17.9 33.1 1 -.1 2 0 11.9 17.2 17.7 16.1 11.8 19.6 21.3 16.1 -.1 2.4 3.6 0 12.0 12.8 15.6 6.6 11.9 13.5 16.6 6.6 -.1 .7 1.0 0 10.7 .7 5.8 -11.3 10.6 .9 6.5 -13.0 _ ^ .2 .7 -1.7 11.1 8.3 11.1 .2 10.6 9.4 12.0 1.7 -.5 1.1 .9 1.5 Change in business inventories Net exports of goods and services Exports Imports 7.2 19.3 6.9 18.9 3 -.4 20.0 17.6 19.7 17.7 -.3 .1 28.0 21.6 28.6 22.0 .6 .4 20.8 18.1 20.6 17.1 2 -1.0 8.1 7.9 8.3 8.7 .2 .8 Government purchases of goods and services Federal State and local 8.9 11.4 >7.6 8.8 11.0 7.5 _i _ ^ _i 9.7 6.6 11.4 9.7 7.1 11.2 0 .5 -.2 9.5 9.5 9.6 9.8 9.6 9.9 .3 .1 .3 12.9 18.5 9.8 13.5 17.1 11.5 .6 14 1.7 10.6 15.7 7.5 10.9 16.1 7.9 .3 .4 .4 5.5 5.5 0 4.8 5.0 .3 3.2 2.8 -.4 -.2 4 2 2.0 1.9 _ j 4.9 13.8 11.9 18.6 5.0 13.7 11.7 18.6 .1 -.2 2 0 4.7 7.3 9.1 2.9 4.5 9.8 12.9 2.8 — 2 2'.6 3.7 0 2.9 3.1 6.5 -5.2 2.7 3.8 7.3 -5.2 -.2 .7 .9 0 .5 71 -3.0 -18.6 .3 69 -2.2 -20.2 -.1 .3 .8 -1.5 2.5 .5 2.5 -6.1 1.8 1.7 3.5 -4.8 _7 1.1 1.0 1.2 2.8 7.8 2.6 7.3 -.2 5 12.7 12.8 12.2 13.0 4 .2 15.2 6.0 15.4 6.1 .2 .1 9.6 i 8.9 -.4 -.7 -.3 -.4 5.9 -.4 7.2 0 1.4 2.1 4.1 .9 1.5 3.8 .2 6 -.3 7 2.0 _9 3/7 2.0 .1 3.3 .8 -.4 1.5 1.9 1.2 1.3 1.8 1.1 1 -^ -.1 2.9 6.3 1.0 2.3 4.2 1.1 -.7 -2.1 .1 .6 3.1 9 .9 3.7 8 .3 .6 .1 Gross national product -0.3 Constant (1972) dollars Gross national product Personal consumption expenditures Fixed investment . . Nonresidential Residential Change in business inventories Net exports of goods and services Exports ... . Imports Government purchases of goods and services Federal State and local 0 Fixed-weighted price index (Index numbers, 1972=100) 6.4 6.3 -.1 7.6 7.8 .2 9.4 9.5 .1 9.6 9.9 .3 9.4 9.6 .2 6.3 8.3 6.2 12.2 6.2 8.3 6.2 12.2 -.1 0 0 0 7.2 10.1 8.5 12.9 7.4 10.0 8.4 12.9 .2 -.1 .1 0 9.6 10.7 9.7 12.6 9.7 11.0 10.1 0 .1 .3 .4 11.0 10.1 10.6 9.3 11.2 10.1 10.6 9.3 .2 0 0 0 9.1 8.4 9.3 6.9 9.3 8.2 8.9 7.1 .2 2 -.4 .2 Change in business inventories Net exports of goods and services Exports Imports 4.6 9.2 4.5 9.1 ^ _1 6.5 7.7 6.6 7.7 .1 0 12.6 16.2 12.8 16.4 .2 .2 10.3 24.0 10.9 24.2 .6 .2 9.3 6.0 9.5 5.0 .2 -1.0 Government purchases of goods and services Federal State and local 6.9 7.3 6.7 7.1 7.1 7.2 .2 2 .5 7.3 6.5 7.9 7.7 7.2 8.1 .4 .7 .2 9.3 9.2 9.3 9.4 9.1 9.5 .1 _ ^ '.2 11.1 13.1 9.7 11.9 13.7 10.8 .8 .6 1,1 9.6 11.6 8.2 9.5 11.4 8.2 1 — 2 0 Gross national product Personal consumption expenditures Fixed investment Nonresidential . Residential Source: NIPA table 8.1. 0 SURVEY OF CURRENT BUSINESS 8 CHART 2 Real Gross National Product Billion (1972)$ 1550 LEVELS Previous 1500 1450 1400 1350 1300 Percent -5 - -10 1977 1978 1979 1980 1981 1982 Seasonally Adjusted at Annual Rates U.S. Department of Commerce, Bureau of Economic Analysis 32-7-2 dwellings, the largest component of housing services. [NIPA table 2.4 provides detail on PCE by about 100 types of expenditure.] It was necessitated by changing relationships between rents and unit market values, which were traceable to the inflation in residential real estate prices. The basic approach in estimating space rent is to multiply the number of housing units by an average rental value. Previously, the average rental value was obtained using a marketvalue distribution of housing units for each year and assuming that the ratio of rent to unit market value for each value class remains constant over time (with lower ratios at the upper end of the market-value distribution). Thus, as housing prices increased and units shifted each year into higher market-value classes, the rent associated with a unit in the housing stock increased. Because housing prices generally have increased substantially faster than rents, this method overstated the rental value. In the new method, average rental value for owner-occupied units, based on the 1970 Census of Housing, is extrapolated from 1976 using average contract rent for tenant-occupied units. Average contract rent is calculated from data in the Annual Housing Survey, adjusted to a preliminary value from the 1980 Census of Housing. The impact of the change in methodology on space rent was partly offset by the impact of the use of a larger number of units, as indicated by the 1980 Census of Housing. For 1981, the estimate of space rent of permanent-site, owner-occupied, nonfarm dwellings was revised down $13.9; estimates for 1980 and 1979 were revised down $7.8 billion and $6.7 billion, respectively, and those for earlier years by smaller amounts. In the other categories of services, the revisions are characterized by the incorporation of a variety of new sources specific to detailed expenditure categories. The first July revision replaces, for the latest year, current quarterly estimates that are extrapolations of trends—these have made up about 25 percent of total PCE services in the current quarterly estimates—as well as incorporates better source data for other estimates. (1) In household operations, upward revisions were based on annual trade association data for electricity and natural gas. (2) In transportation, downward revisions were due to the introduction of a more detailed procedure for auto repair and use of airline revenue data from the Civil Aeronautics Board. (3) In medical care, upward revisions in services of doctors and dentists were partly offset by downward revisions in services of hospitals. For the former, the annual change calculated from the Census Bureau Monthly Selected Services Receipts Survey replaced current quarterly estimates based on smoothed monthly data from the same series, which tends to be erratic. (4) In personal business, the estimate of financial services furnished without payThe revised estimates are available for sale in machine readable form. For further information write to the National Income and Wealth Division (BE-54), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, D.C. 20230, or call 202-523-0669. Alternative estimates of capital consumption and profits of nonfinancial corporations and of the fixed capital stock are available from the same source and will be shown in a subsequent issue of the SURVEY. July 3 GNP Fixed-Weighted Price Index Index, 1972=100 225 200 175 150 Percent 1977 1978 1979 1980 1981 1982 Seasonally Adjusted at Annual Rates U.S. Department of Commerce, Bureau of Economic Analysis 82-7-3 ment—an imputed item—was revised down, reflecting new information on the allocation of these services between business and households, and legal and brokerage services were revised up. [The imputation for services furnished without payment by financial intermediaries as well as the other imputations in the NIPA's are shown in NIPA table 8.8.] The revision in legal services was due to the same procedure of replacing an estimate based on monthly data by one calculated from annual change described for doctors and dentists. In brokerage services, the revision was due to the incorporation of annual data from the Securities and Exchange Commission. In fixed investment, the 1981 level was revised up $16.7 billion, of which the change in 1981 accounted for $5.6 billion. The bulk of the level revision—$13.3 billion—was in PDE, which was revised up substantially beginning in 1978. Incorporation of shipments from the Annual Survey of Manufactures for 1978-80 and more detailed information on imports of PDE from the U.S. international transactions accounts raised the level $11.5 billion by 1980, and revisions in the shipments data for 1981 from the Monthly Survey of Manufacturers' Shipments, Inventories, and Orders accounted for the remaining $1.8 billion. (The use of these sources as part of the commodity flow procedure for July PDE was described in the December 1980 SURVEY, p. 9.) Upward revisions in office and store machinery (largely computers) and special industry machinery accounted for almost one-half of the level revision. [NIPA tables 5.6 and 5.7 provide detail on private purchases of PDE, by type, in current and constant dollars.] An upward revision in nonresidential structures of $4.0 billion in level, as well as the $2.3 billion revision in change in 1981, was accounted for by petroleum and natural gas exploration, shafts, and wells. New information on footage drilled and on cost per foot, from trade sources and from the Census Bureau Annual Oil and Gas Survey, were the new sources. A downward revision in farm structures based on revised U.S. Department of Agriculture (USDA) estimates, and an upward revision in other categories, based on revised Census Bureau tabulations, were offsetting. [NIPA tables 5.4 and 5.5 provide detail on private residential and nonresidential purchases of structures and on government purchases of structures, by type, in current and constant dollars.] Residential investment was revised down slightly in 1981; the 1980 level was revised down $2.1 billion, but the revision in change in 1981 was up. New information on alterations and repairs, which accounted for one-half the revision in 1980, and on commissions on housing sales were the major sources of the revisions. The change in business inventories (CBI) was revised up $4.3 billion in SURVEY OF CURRENT BUSINESS 9 1981, and in 1980 it was revised down $4.1 billion. Earlier in the revision period, the revisions were somewhat smaller and also tended to offset each other. Most of the revisions in 1981, and also in 1980, were in farm CBI, reflecting revised USDA estimates. For nonfarm CBI, replacement of book value data from Census Bureau monthly surveys by data from annual surveys—the Annual Survey of Manufactures, the Annual Trade Survey (for wholesale trade), and the Annual Retail Trade Survey—was the source of a downward revision in the change in book values. Information from these annual surveys also led to a downward revision in the estimates of the share of nonfarm inventory book values accounted for using the last-infirst-out (LIFO) method; the lower LIFO share was the main cause of an upward revision in the inventory valuation adjustment. The LIFO share, for which information is not available on a current basis, is essential in estimating CBI because LIFO and nonLIFO inventories must be handled differently. Except when LIFO inventories are being run down, the change in LIFO book values is the same as the physical volume change valued at current prices, which is the definition of CBI. Accordingly, LIFO inventories do not require a valuation adjustment to convert them to the CBI basis. The estimates of net exports are from BEA's U.S. international transactions accounts, for which annual revisions for 1977-81 were presented in the June SURVEY. [The relation of for- eign transactions in the NIPA's to corresponding items in the international transactions accounts is shown in NIPA table 4.5.] For 1981, revisions in net exports and total exports and imports were negligible; for earlier years, they were generally small. For 1981, revisions in some components, particularly exports, were large, but they tended to offset each other, as described below. In factor income components of exports and imports, a new method of estimating interest receipts and payments was introduced. The change in method was for income on claims and liabilities reported by U.S. banks. It was necessitated by changing financial practices, in turn, partly due to further integration of national and international capital markets in recent years. The basic approach for estimating both interest receipts and payments is to multiply the amounts outstanding in various asset categories by an appropriate effective interest rate. The change in method was in the derivation of the interest rate. Previously, the U.S. prime rate was used in deriving an interest rate for many asset categories. In the new method, several different interest rates that replicate more closely current financial practice were introduced. Because the prime rate had played a larger role in the estimation of interest receipts than of interest payments, the change in method had a larger impact on the former. Interest received was revised down $5.2 billion in 1981 and $4.0 billion in 1980; Table 4.—Charges against Gross National Product [Billions of dollars] 1977 Previously published Charges against gross national product Compensation of employees . Wages and salaries Supplements to wages and salaries Proprietors' income with IVA and CCAdj Rental income of persons with CCAdj Corporate profits with IVA and CCAdj Net interest ... Capital consumption allowances with CCAdj Other charges Statistical discrepancy .... Revised 1978 Revision Previously published Revised Revision Revised 1981 1980 Revision 1,913.6 1,916.9 3.3 2,149.7 2,166.5 16.8 2,411.7 2,419.3 1,152.3 9838 168.5 1,152.1 983.2 168.9 -.3 -.7 .4 1,299.7 1,105 4 194.3 1,301.1 1,106.5 194.6 1.4 1.1 .3 1,460.9 1,235.9 225.0 1,458.1 1,237.4 220.7 103.5 103.9 .4 117.1 118.5 1.4 131.6 132.1 251 248 -.3 27.4 26.6 -.8 30.5 27.9 -2.6 7.6 -2.8 15 -4.3 .5 Previously published Previously published Revised Revised 2,626.8 2,629.2 1,596.5 1,343 6 252.9 1,5986 13561 242.5 2.4 2,926.3 2,939.6 21 125 -10.4 1771 6 14828 288.8 17676 1 494 0 273.6 -15.2 130.6 116.3 318 329 -14.3 11 134.8 124.7 -10.1 Revision 336 Revision 13.3 40 112 339 2 1647 167.3 2.5 185.5 192.4 6.9 196.8 194.8 -2.0 182.7 1816 -1 1 1917 1906 — 10 100.9 102.5 1.6 115.8 121.7 5.9 143.4 153.8 10.4 179.8 1877 79 215.4 2357 202 196.0 195.2 -.9 221.2 222.5 1.3 253.6 256.0 2.4 287.3 2932 59 3217 3301 84 171.1 171.2 .2 183.1 183.8 .6 194.8 196.5 1.6 218.2 2189 ' 7 257 5 257 1 4 46 8 19 44 14 30 64 26 NOTE.—IVA is inventory valuation adjustment and CCAdj is capital consumption adjustment. Source: NIPA tables 1.7 and 1.11. 1979 Previously published 89 22 15 37 7 39 . 11 10 SURVEY OF CURRENT BUSINESS interest paid was revised down about $1.0 billion in each of those years. Offsetting the revisions in factor income receipts, merchandise exports and receipts from other services were revised up in 1981, and also in 1980. The revision in other services receipts was $3.6 billion in 1981. It was largely due to the replacement of current quarterly estimates for transfers under military sales contracts, based on partial information from the Department of Defense, by estimates based on more complete and revised data from that agency, and to revised information on travel receipts. The level of government purchases was revised up $5.7 billion in 1981, of which the revision in change in 1981 was $2.0 billion. The level revision and most of the change revision were in State and local purchases. The estimate of wages and salaries paid by State and local government was revised up $6.7 billion, due to the incorporation, beginning in 1979, of Bureau of Labor Statistics (BLS) tabulations of employees covered by State unemployment insurance. This source, which is the same as used for July revisions for the bulk of private employees, is being used for the first time for State and local employees. The expanded coverage of State and local employees by unemployment insurance in recent years led to use of the BLS tabulations. Supplements to wages and salaries, the other component of compensation of employees, was revised down $2.6 billion, based on information from the Census Bureau Finances of Employee Retirement Systems of State and Local Governments. State and local purchases other than compensation and structures was revised up $3.2 billion. Of that, almost all was due to revisions through 1980, which reflected the use of expenditure information from the Census Bureau Governmental Finances; no new information was available for 1981. [NIPA table 3.19 shows the relation of State and local government receipts and expenditures in the NIPA's to Governmental Finances data.] A downward revision in 1981 of $1.2 billion in Federal purchases reflected the incorporation of information from the Budget of the U.S. Government for fiscal year 1981. Both defense and nondefense purchases were revised down. [NIPA table 3.18B shows the relation of Federal Government receipts and expenditures in the NIPA's to information in the Budget of the U.S. Government.] Constant-dollar GNP and prices Constant-dollar GNP was revised down $7.6 billion in 1981. Of that amount, $6.7 billion was revision in level through 1980 and $0.9 billion was revision in change in 1981. The 1980 and 1981 level revisions in the components of GNP had the same pattern: down in PCE, net exports, and government purchases, and up only in investment. In the revision in change in 1981, a downward revision in PCE slightly more than offset an upward revision in investment. The revisions in constant-dollar estimates stem from the revisions in current-dollar estimates and from revisions in prices, which will be discussed next. These revisions will be discussed in terms of the fixed-weighted price index and by reference to revisions in percent change. In the GNP fixed-weighted price index, the sum of revisions in percent change to 1981 was 0.9 (including 0.2 for 1973-76), of which 0.7 was accounted for by the sum of revisions in change through 1980 and 0.2 by the revision in change in 1981. In 1981, a major part of the revision in change was traceable to PCE prices. In PCE prices, which have a weight of about two-thirds in GNP prices, the revision in percent change in 1981 was 0.2, and the sum of the revisions through 1980 was 0.5. For both, revisions in services contributed substantially. Most of the revisions in service prices do not reflect the incorporation of new price data; rather, because these service prices are obtained by dividing current-dollar estimates by constant-dollar estimates, they are the by-product of revisions in the independently prepared estimates from which they are obtained. For example, the "price" of farm housing rent is the quotient of a current-dollar estimate of rent prepared by the USDA, using data on the value of farm housing and an interest rate, and a constant-dollar estimate prepared by BEA by extrapolating the 1972 rental with the constant-dollar stock of farm housing. As a result, if either the current-dollar estimate, the constantdollar estimate, or both, are revised, the "price" is revised. For farm rental July housing, the USDA estimate was revised up, but the constant-dollar estimate was not, and, therefore, the "price" was revised up. For insurance, the current-dollar estimates are premiums minus benefits. The constantdollar estimates are extrapolated from 1972 by deflated benefits for health insurance and deflated premiums for auto insurance. Accordingly, when current-dollar health and auto insurance were revised up and constant-dollar estimates were revised down, their "prices" were revised up. "Prices" of brokerage services, parimutual net receipts, and financial services furnished without payment were revised reflecting similar methodologies. Revisions in percent change in PCE durables prices were also up, due to incorporation of price indexes that became available following the 1977 revision of the Consumer Price Index. There were no revisions in the percent change in nondurables prices in 1977-81. In 1973-76, prices of alcoholic beverages were corrected, and the sum of the revisions in change in nondurable prices was 0.1. In nonresidential structures, there was no revision in the percent change in 1981, in contrast to upward revisions in percent change summing to 0.8 through 1980. The latter reflected the incorporation in 1979 of new information on prices of gas and oil well drilling structures. A substantial downward revision in percent change in 1981 in PDE reflected new information on the prices of communication equipment. The sum of revisions in percent change in export prices was 1.1. The revision in percent change in 1981 was 0.2, and those through 1980 summed to 0.9. Most of the 0.9 was registered in 1980. The revision in percent change in import prices, after having been small through 1980, was down 1.0 in 1981. Most of the 1980 revision in export prices and 1981 revision in import prices was attributable to prices of services other than factor income. In the current quarterly estimates, a single price is used for each of these components. The revision reflects the replacement of these estimates by estimates prepared using detailed prices appropriate to the several subcomponents. In the prices of government purchases, the only downward revision in July SURVEY OF CURRENT BUSINESS 11 were the source of a downward revision of $6.0 billion. For 1980 and 1981, the revisions were due to the use of a lower trend to extrapolate the 1979 revised estimate. [NIPA table 8.4 shows supplements to wages and salaries, by type.] Proprietors' income with inventory valuation and capital consumption adjustments was revised down $10.1 billion. Through 1980, the level was revised down $14.3 billion, but the revision in change in 1981 was upward $4.2 billion. The 1981 revision in level was the net of a $1.5 billion upward revision in the farm component, due to the incorporation of revised data from the USDA, and an $11.6 billion downward revision in the nonfarm component. Through 1980, IRS tabulations of business tax returns provided the basis for upward revisions in nonfarm proprietors' income without capital consumption adjustment and in the historical-cost capital consumption associated with it. An upward revision in current-cost capital consumption, based on an updating of the BEA capital stock estimates (which Charges against GNP The sum of charges against GNP are based on a perpetual inventory was revised up $13.3 billion in 1981, method) using revised investment and accounted for by a $2.4 billion revi- price data, was not nearly as large as sion in level through 1980 and a $10.9 the latter. As a result, the capital conbillion revision in the change in 1981. sumption adjustment—which is hisThe dominant features were large torical-cost less current-cost capital upward revisions in net interest and consumption—was revised up. The in capital consumption allowances sum of these two revisions was a with capital consumption adjustment downward revision in nonfarm propriand a large downward revision in pro- etors' income on the NIPA basis of prietors' income with inventory valua- $10.3 billion. For 1981, no additional tion and capital consumption adjust- information became available with ments. Revisions in other components which to revise the extrapolators for were smaller and tended to offset these estimates. [NIPA table 8.10 shows the relation of nonfarm proprieach other. Compensation of employees was re- etors' income in the NIPA's to correvised down $4.0 billion in 1981. sponding totals in IRS publications. Through 1980, the level was revised NIPA table 8.11 shows the relation of up $2.1 billion, but the revision in net farm income in the NIPA's to change in 1981 was downward $6.1 USDA farm operators' income.] The revision in rental income of billion. Within compensation, however, wages and salaries were revised up persons with capital consumption ad$11.2 billion. Most of the revision was justment was negligible. The large due to the use of BLS tabulations of downward revision in space rent for employees covered by unemployment nonfarm, owner-occupied dwellings insurance to prepare estimates to re- discussed with PCE housing services place those based on the monthly BLS did not carry through to rental survey of employment, hours, and income because expenses of homeearnings. Supplements to wages and ownership, which are deducted in desalaries was revised down $15.2 bil- riving rental income, were also relion. The major part of the revision in vised downward. Further, for tenantsupplements was in employer contri- occupied dwellings, the estimate of butions to pension plans. Through Federal housing subsidies, which is 1979, Internal Revenue Service (IRS) included in rental income but not in tabulations of business tax returns PCE, was revised up. [NIPA table 8.5 shows rental income of persons, by type.] Net interest was revised up $20.2 billion, $7.9 billion from the revision in level through 1980 and $12.3 billion from the revision in change. With the exception of interest paid to and received from foreigners (the estimates for which were described with net exports) and some components of imputed interest paid, the information with which to make detailed estimates underlying net interest becomes available only with a lag of 3 years. Use of this information—largely IRS tabulations of business tax returns and data from regulatory agencies—resulted in a $10.4 billion upward revision in 1979. For 1980 and 1981, estimates were prepared for financial institutions using data from regulatory agencies and trade sources and for nonfinancial corporations by extrapolating the detailed 1979 estimates by the product of debt outstanding for several kinds of debt (largely from the Federal Reserve Board flow of funds accounts) and estimated effective interest rates. These estimates replace current quarterly estimates prepared at a more aggregative level. [NIPA table 8.7 shows interest paid and received, monetary and imputed, by sector and legal form of organization.] Corporate profits with inventory valuation and capital consumption adjustments was revised down $1.0 billion in 1981. A downward revision in profits before tax accounted for the revision; revisions in the inventory valuation adjustment—upward—and the capital consumption adjustment— downward—were offsetting. The revision in profits before tax was due to revised extrapolators for the years since 1979, the most recent year for which IRS tabulations of business tax returns are available. The revised extrapolators reflect information on several of the annual adjustments to IRS tabulations, such as that for audits. [NIPA table 8.12 shows the relation of corporate profits in the NIPA's to profits as published by IRS.] The largest revisions were in the profits before tax of trade corporations, which were revised up since 1978, and profits of public utilities, which were revised down each year. Estimates of capital consumption allowances with capital consumption adjustment—current-cost capital consumption, or "economic depreciation"—was revised up $8.4 billion. Of percent change was in 1981—0.1. It reflected new information on the prices of major weapons systems. Through 1980, upward revisions in percent change summed to 1.9. Of that sum, 0.4 was from the corrections for 1973-76, which were in the prices of State and local purchases from business. A substantial part of the remaining upward revision is traceable to the relationship between constant- and current-dollar wages and salaries of government employees. As noted earlier, the incorporation of new information for State and local government employees resulted in a substantial upward revision in the current-dollar estimates. In constant dollars, the estimates are obtained by extrapolating 1972 estimates by a volume measure—hours worked by State and local employees. The hours estimates were not significantly revised. As a result, the "price" of the services provided by government employees was revised, and the revisions in percent change were up. 12 SURVEY OF CURRENT BUSINESS that amount, $5.9 billion was revision in level through 1980, and $2.5 billion was revision in change. An updating of the BE A capital stock estimates using revised investment and price data led to these revisions. Capital consumption allowances—historicalcost capital consumption—was revised up $10.5 billion due to updated extrapolators for 1980 and 1981 in combination with IRS tabulations for 1979. The capital consumption adjustment, which is the difference between the two measures of capital consumption, was revised up $2.1 billion; as just noted, the corporate part was revised down, and that revision was more than offset by the upward revision in the noncorporate part explained earlier. [NIPA table 8.9 shows the relation of capital consumption allowances in the NIPA's to depreciation and amortization as published by IRS. NIPA table 8.3 shows the capital consumption adjustment by legal form of organization and type of adjustment.] Other charges as shown in table 4, were revised up negligibly. Upward revisions in the State and local components of indirect business tax and nontax liability and of subsidies less the current surplus of government enterprises reflected the use of information from Census Bureau Governmental Finances and, for the former, Census Bureau Quarterly Summary of State and Local Tax Revenue. For many indirect business taxes, information from this source replaces the use of extrapolators in the current quarterly estimates. For the subsidies less current surplus item, this information is used to replace a trend. A downward revision in Federal indirect business taxes was due to revised estimates of windfall profits tax receipts. [NIPA table 3.5 shows indirect business tax and nontax accruals—Federal, and State and local—by type. July NIPA table 3.12 shows subsidies and current surplus—Federal, and State and local—by type.] Sector and saving-investment transactions Revisions in transactions in the sector accounts and in the gross saving and investment account are summarized in tables 5, 6, 7, and 8. Most of the revisions have been discussed earlier in connection with GNP and charges against GNP. Other major revisions in these transactions are discussed below. In the personal sector, most of the revisions in components of personal income were among those discussed with charges against GNP. One of them, however, the revision in personal interest income, although it is related to the revision in the net interest component of charges against GNP, was not. As explained in the Table 5.—Personal Income, Outlay, and Saving [Billions of dollars] Previously published Previously published Revised 7.4 2,160.2 2,160.4 0.2 2,404.1 2,415.8 11.7 1.5 3.7 5 -26 2.1 9.1 1,343.7 137.1 1306 318 54.4 256.3 1,356.1 127.2 1163 329 55.9 263.4 12.5 -9.9 1,493.9 140.4 1247 33.9 62.5 329.0 11.2 -13.7 143 1.1 1.5 7.2 1,482.7 154.1 1348 336 61.3 308.5 169.2 .4 206.3 208.5 2.2 229.0 231.4 2.4 302.0 1,641.7 301.0 1,650.2 -1.0 8.4 338.5 1,821.7 336.3 1,824.1 -2.2 388.2 2,016.0 386.7 2,029.1 -1.5 13.2 -2.0 13.0 1,555.5 86.2 1,553.5 96.7 -2.1 10.5 1,720.4 101.3 1,717.9 106.2 -2.5 4.9 1,908.4 107.6 1,898.9 130.2 22.6 .9 5.2 5.9 .7 5.6 5.8 .2 5.3 6.4 1.1 1,538.0 1,540.4 2.4 1,721.8 1,732.7 10.9 1,943.8 1,951.2 983.8 89.0 1035 25 1 38.7 151.6 983.2 89.4 1039 248 39.6 152.8 — 7 .4 4 3 .9 1.2 1,105.2 102.2 117 1 274 43.1 173.2 1,106.3 102.5 1185 266 45.3 179.4 1.1 .4 14 -8 2.2 6.2 1,236.1 118.6 1316 305 48.6 209.6 1,237.1 114.9 1321 279 50.8 218.7 146.4 1468 .4 153.7 154.0 .5 168.8 Less' Personal tax and nontax payments Equals: Disposable personal income 226.5 1,311.5 226.4 1,314.0 — .1 2.5 258.8 1,462.9 258.7 1,474.0 _i 11.1 Less* Personal outlays Equals* Personal saving* 1,237.5 74.1 1,236.0 78.0 1.4 3.9 1,386.6 76.3 1,384.6 89.4 5.6 5.9 .3 5.2 6.1 Personal income Wage and salary disbursements Other labor income rroprie ors nco rrAd' ^ Personal dividend income . . Personal interest income Transfers less personal contributions for social Personal saving rate (percent) Revised 1981 Previously published Previously published Revised Revision 1980 1979 1978 1977 Previously published Revision Revised Revision Revision 2.4 Revised Revision 101 .2 1.2 20.5 9.4 NOTE.—IVA is inventory valuation adjustment and CCAdj is capital consumption adjustment. Source: NIPA table 2.1. Table 6.—Government Receipts, Expenditures, and Surplus or Deficit [Billions of dollars] 1978 1977 Previously published Federal: Receipts Expenditures . . . Surplus or deficit (— ), national income and product accounts State and local: Receipts Expenditures Surplus or deficit (— ), national income and product accounts Social insurance funds Other funds . . . . Source: NIPA tables 3.2 and 3.3. Revised Previously published Revision Revised 1979 Previously published Revision Revised 1980 Revision Previously published 1981 Revised Previously published Revision Revised Revision 01 4 4315 4607 4316 4610 0.1 4 494.4 5092 4936 5097 08 5 5408 6020 5407 602 1 01 j 6260 6884 6282 6882 22 2 459 5 292 295 3 148 161 13 61 2 61 4 2 62 4 60 0 24 2980 2700 2977 269 7 3 3 3274 2984 3276 2973 2 11 3512 3244 3520 3215 g 29 384 0 3550 3859 357 8 19 00 417 2 380 5 416 8 385 0 45 281 179 101 280 180 290 200 90 303 203 100 13 3 10 267 239 29 304 238 66 37 1 38 29 1 28 2 g 4 31 7 31 8 49 3 3751 4215 3752 421 1 464 10 1 o o ^ 269 273 21 Q 13 36 7 32 \ 46 ^ 4 46 13 SURVEY OF CURRENT BUSINESS July about two-thirds of which was revi- of new information on effective intersion in change. Again the revision est rates paid on consumer installwas largely in State and local transac- ment loans for the 1977-81 period. A tions, and it also was based on Gov- debt-times-interest rate procedure is ernmental Finances. Until the first used for July revisions as well as curJuly revision, both interest paid and rent quarterly estimates. Personal saving was revised up subreceived by State and local governments are estimated as the product of stantially—$22.6 billion—as the sum debt outstanding and appropriate ef- of an upward revision in disposable fective interest rates. This proce- personal income of $13.2 billion and a dure—which, as described earlier, is downward revision in personal outused to prepare estimates to replace lays of $9.4 billion. The personal current quarterly estimates of many saving rate—personal saving as a perof the interest flows before IRS tabu- centage of disposable personal lations become available—is subject to income—was revised up 1.1 percenterror if the structures and levels of age points, to 6.4 percent. In the government sector, revisions interest rates and debt change rapidly, as they did in recent years. The to Federal Government receipts and final part, interest paid by consumers expenditures were small in total and to business, was revised up $5.6 bil- generally small in the components. lion, of which about one-half was revi- The deficit was revised down $2.4 bilsion in change from 1980. Most of the lion, to $60.0 billion. The revision to revision was due to the incorporation the State and local government sur- Special Note in the September 1981 SURVEY, personal interest income is estimated as the net interest component of charges against GNP plus interest paid by government less interest received by government plus interest paid by consumers to business. The upward revision of $20.5 billion in 1981 can be seen in terms of these parts. As noted earlier, net interest was revised up $20.2 billion, $7.9 billion of which was revision through 1980 and $12.3 billion was revision in change. Interest paid by government was revised up $4.5 billion, about onehalf of which was revision in change. Almost all of the revisions were in interest that was paid by State and local governments, and reflected the incorporation of information from the Census Bureau Governmental Finances. Interest received by government was revised up $9.7 billion, Table 7.—Foreign Transactions [Billions of dollars] 1978 1977 Previously published Net exports of goods and services Revised Previously published Revision Revised 1980 Previously published Revision Revised 1981 Revision Previously published Revised Revision 40 0.2 —0.6 — 1.1 —0.6 13.4 13.2 -02 23.3 25.2 1.9 26.0 26.1 0.1 —308 1197 1505 235 33.0 95 3.1 306 27.4 304 1197 150.2 235 32.6 91 3.0 304 27.4 4 -33.8 1409 174.7 299 43.8 13.8 3.3 35.2 31.9 -33.6 140.9 174.5 29.6 43.0 13.4 2.9 34.8 31.9 .2 0 -.2 -.3 -.7 .4 _4 — 4 0 -32.0 1769 208.9 43.8 66.6 22.8 1.6 37.8 36.2 -30.2 179.2 209.4 42.6 64.8 22.2 .9 37.4 36.5 17 22 .5 -12 -1.8 -6 .7 -.4 .3 -27.7 2182 245.9 496 79.5 29.9 1.4 42.1 40.7 —23.9 2201 244.0 46.1 75.2 291 3.1 44.0 40.9 38 19 -1.9 35 -4.3 8 1.7 1.9 .2 -30.5 2298 260.3 544 91.7 37.3 2.1 45.8 43.7 -28.2 2319 260.1 492 86.1 36.9 5.2 49.4 44.2 2.3 21 -.2 5.2 -5.6 -.4 3.1 3.6 .5 96 96 132 13.2 o 151 151 1 174 173 218 219 1 13.8 14.3 -.5 1.7 .1 5.9 7.8 4.2 4.1 —1 42 Merchandise net Exports Imports.. .... .... Factor income net Receipts .. , Payments Other services net , Receipts . ... Payments ... , Less: Grants, transfer payments, and interest paid by Government Equals: Net foreign investment by the United States Previously published Revision Revised 1979 -13.9 o -.4 0 -.4 —4 .1 _ ,1 0 o .2 —13.6 -1.8 0 1.9 Source: NIPA table 4,1. Table 8.—Gross Saving and Investment [Billions of dollars] 1978 1977 Previously published Gross saving , , , .. .... ..... Personal saving Undistributed corporate profits with IVA and CCAdj ,. „ Corporate capital consumption allowances with CCAdj Noncorporate capital consumption allowances with CCAdj Wage accruals less disbursements Government surplus or deficit (— ), national income and product accounts Capital grants received by the United States (net) . Gross investment .. „ Gross private domestic investment, „ ,. Net foreign investment Statistical discrepancy Revised Previously published Revision 1979 Revised Revision Revised 411.9 1980 Previously published Revision Revised 1981 Previously published Revision Revised Revision 5.0 355.2 374.8 19.7 422.7 10.8 401 9 406.2 4.3 455 5 477.5 22.1 74 1 780 39 763 894 130 862 967 105 1013 1062 49 1076 1302 226 523 537 15 57.9 622 43 591 545 45 443 389 54 508 444 65 1224 1215 9 1364 1376 12 1554 1575 21 1754 1812 58 1977 2062 85 737 0 737 0 848 0 849 0 1 982 0 985 0 3 1120 0 1 0 111 8 0 1239 0 1239 0 o o -.2 .8 11.9 14.3 2.4 -25.7 -28.2 304.0 -18.3 309.1 -17.8 0 o .5 o 1.0 -32.1 -33.2 o -1.1 -2.5 0 0 o o 0 308.4 3104 2.0 3616 3723 10.7 414 1 421 2 7i 401 2 4102 89 454.7 4756 20.9 3223 139 3241 136 18 2 375.3 138 3866 143 113 5 4158 17 4230 18 72 I 3953 59 4023 78 70 19 4505 42 471 5 41 210 i 4.4 14 —3.0 6.4 —26 89 22 I5 37 7 39 46 g 19 11 0 NOTE.—IVA is inventory valuation adjustment and CCAdj is capital consumption adjustment. Source: NIPA table 5.1. Previously published \i 11 o 11 12 o 11 11 o 14 SURVEY OF CURRENT BUSINESS plus was down $4.9 billion, to $31.7 billion; almost all of the revision was in the "other funds" surplus. Both the revisions in receipts—down slightly— and in expenditures—up $4.5 billion— reflected some large but offsetting revisions in components. The revisions in Federal receipts and expenditures reflect the incorporation of information from the Budget of the U.S. Government, and those in State and local receipts and expenditures, the incorporation of information from BLS tabulations and from Governmental Finances. In the foreign transactions account, and in the gross saving and investment account, the major revisions were discussed earlier. July Table 9.—Selected Constant-Dollar Aggregates and Prices This section briefly discusses the impact of the revisions on growth rates of major aggregate and price series, productivity growth, the composition of GNP, and cyclical fluctuations. Saving and investment are discussed in somewhat more detail because the revised estimates modify the view of them. Growth rates Trends in major constant-dollar aggregates and in price series are not significantly changed for 1977-81 by the revisions. The average annual rate of growth, 1976-81, for constantdollar GNP and most of the other aggregates shown in table 9 are the same. Percent Level Previously published Revised Aggregates (levels are billions of 1972 dollars) Gross national product 76 Gross domestic product -4.7 Gross product of domestic nonfarm business less housing National income..... ... .. Command gross national product • .. . •• '*• 3.0 3.0 2.9 2.9 3.0 3.0 2.9 2.9 .3 2.8 2.8 -9.5 -.6 3.1 3.0 -4.7 -.3 2.8 2.8 1.6 .8 8.4 8.6 .8 .4 8.0 1.6 2.1 2.7 ..• • Final sales -.3 0 -2.6 Disposable personal income -0.5 -.2 .1 .. , Prices (levels are indexes, 1972=100) GNP fixed-weighted price index ., Implicit price deflator for personal consumption expenditures Revised Estimates: Economic Highlights Average annual percent change, 1976-81 1981 revision Terms of trade 1 -1.5 8.1 -1.1 1. Derived as the ratio of the implicit price deflator for exports to that for imports. Source: NIPA tables 1.4, 1.6, 1.8, 2.1, 7.1, and 7.2. Table 10.—Real Gross Product, Hours, and Compensation in Domestic Nonfarm Business Less Housing [Percent change] 1977 Real gross product: Previously published.. Revised , Hours: Previously published Revised , Compensation: Previously published Revised ,.,.,..,. ,. .. 1981 Average annual percent change, 1976-81 27 22 09 16 41 42 50 49 36 34 5 g 122 122 140 141 135 132 93 94 11 1 105 12 0 119 21 24 0 9 12 5 8 's 8 16 3 6 .. ,. 78 77 86 8.7 95 9.4 98 102 99 98 91 92 ,, 56 52 86 79 104 107 103 112 91 81 83 86 Real gross product per hour: Previously published Revised Unit labor cost: Previously published Revised 1980 50 58 , ,. 1979 63 64 . ,.,.„ Compensation per hour: Previously published..... Revised . . ,. 1978 .... 19 23 30 30 11 6 27 25 Source: NIPA table 1.6 and Bureau of Labor Statistics. Table 11.—Composition of Constant-Dollar GNP by Major Type of Product [Percent] Average Revised 1977-81 GNP ,. . ., , Final sales Change in business inventories Goods . Durable goods Nondurable goods Structures Source: NIPA table 1.4. . ...... .. ., ... .. .•••-. ••••• ••• •• • Previously published 1962-66 1967-71 1972-76 100.0 100.0 100.0 100,0 100.0 100.0 100.0 100.0 100.0 100.0 98.8 99.2 99.3 99.4 99.4 99.0 98.9 99.5 100.3 99.4 1.2 .8 .7 .6 .6 1.0 1.1 .5 -.3 .6 45.4 45.2 45.1 45.4 45.8 45.9 46.0 45.8 45.3 45.9 Revised 1977 1978 1979 1980 1981 17.3 17.8 18.9 19.5 20.0 19.8 20.7 20.6 19.6 19.5 28.1 27.4 26.1 26.0 25.8 26.0 25.4 25.2 25.8 26.4 42.4 43.6 44.9 46.0 45.6 45.1 44.8 45.3 46.6 46.3 12.3 11.2 10.0 8.6 8.6 9.1 9.2 8.8 8.0 7.8 July SURVEY OF CURRENT BUSINESS 15 Table 12.—Composition of GNP by Sector and Legal Form of Organization [Percent] Average Revised 1977-81 1967-71 1962-66 GNP . .. , Business ...,.„, ., , . Statistical discrepancy........... • Corporate Nonfinancial Financial Noncorporate , ... .. .. ... ... . , Households and institutions... ,...., , .. Government Rest of the world ... 1972-76 Previously published 1977 100.0 100.0 86.6 84.9 .1 -.1 .3 .1 59.2 56.3 3.0 27.2 60.3 57.0 3.3 24.7 60.6 57.5 3.1 23.3 61.9 58.9 3.1 22.7 2.8 3.1 3.2 9.8 11.2 .8 .8 100.0 1978 1979 1980 1981 Revised 100.0 100.0 100.0 100.0 100.0 100.0 100.0 84.7 84.8 84.7 84.9 84.9 84.6 84.8 .1 -.1 -.1 .1 -.1 62.3 58.7 3.6 22.4 62.2 58.8 3.4 22.4 62.6 59.0 3.6 22.4 62.3 58.6 3.7 22.7 62.1 58.4 3.7 22.4 62.5 59.0 3.6 22.4 3.2 3.2 3.2 3.1 3.1 3.2 3.3 11.4 10.4 10.4 11.0 10.6 10.2 10.4 10.2 1.2 1.7 1.6 1.2 1.4 1.8 1.8 1.7 84:2 0 Source: NIPA tables 1.5 and 1.13. The average annual rate of growth of the GNP fixed-weighted price index and of the implicit price deflator for PCE, which is used to calculate real disposable personal income, are both 0.1 percentage points higher. The terms of trade—the ratio at which a unit of U.S. exports of goods and services exchanges for a unit of imports— deteriorated somewhat less on the revised basis. The deterioration is apparent on both the previously published and revised bases. It explains a poorer performance of command GNP than of GNP, because command GNP is a measure of the amount of goods and services over which a country has command as a result of its current production, i.e., it takes changes in the terms of trade into account. One of the aggregates in table 9— gross domestic nonfarm business product less housing—is also shown in table 10, which focuses on the relationships of real output, hours, and compensation. As shown in table 10, real gross product per hour—a measure of productivity—increased at an average annual rate of 0.6 percent on the revised basis, 0.3 percentage points more than on the previously published basis. The higher rate of increase in productivity on the revised basis reflects the lower rate of increase in hours; the increase in real gross product is the same on both bases. Unit labor cost increased at an average annual rate of 8.6 percent, 0.3 percentage points more than on the previously published basis, and the increase in compensation per hour is about the same. Composition of GNP Because the revisions in components of both GNP and charges against GNP are partly offsetting, alternative breakdowns of GNP are also affected. Table 11 shows the composition of constant-dollar GNP by major type of product. For 1977-81, on the revised basis, more of GNP is in durable goods, less in nondurable goods, and less in services. The major revisions in the standard GNP components that underlie these changes in composition are the upward revision in PDE, the downward revision in nondurable PCE, and the downward revision in housing services in PCE. Table 12 shows the composition of GNP by sector, with the business sector further broken down into corporate—financial and nonfinancial— and noncorporate. The compositional changes for 1977-81 are largely a reflection of the revisions in net inter- Table 13.—Cyclical Fluctuations in Constant-Dollar GNP Amplitude and strength Timing and duration Trough quarter Peak quarter Number of quarters of increase Percent increase Percent increase per quarter at annual rate Quarter in which expansions were interrupted Expansions 1975-80: Revised 1980-81: Previously published Revised ,... .. 1975:1 1975:1 1980:1 1980:1 20 20 24.5 23.9 4.5 4.4 1979:11 1979:11 1980:11 1980:11 1981:1 1981:111 3 5 3.6 3.6 4.9 2.9 None 1981:11 Timing and duration Peak quarter Trough quarter Amplitude and severity Number of quarters of decline Percent decline Percent decline per quarter at annual rate Quarter in which contractions were interrupted Contractions 1980: Previously published Revised .. .. 1981-82: Previously published • ... .. .... 1980:1 1980:1 1981:1 1981:111 1980:11 1980:11 1 1 -2.6 -2.5 -9.9 -9.6 None None 1 4 2 -2.1 26 -2.1 -5.2 1981:111 None 1 1982:1 1982:1 1. It cannot yet be determined whether there was a trough in the first quarter of 1982. For this table, the first quarter of 1982 is used as a proxy for a trough. Source: NIPA table 1.2. July SURVEY OF CURRENT BUSINESS 16 est and in proprietors' income. On the revised basis, more of GNP originates in corporate business and less in noncorporate business. Within corporate business, because the upward revision in domestic net interest is centered in financial corporations, more of GNP originates there. Less of GNP originates in the rest of the world, reflecting the downward revision in net interest originating in that sector. Cyclical fluctuations The characteristics of cyclical fluctuations in real GNP—timing and duration, amplitude and strength or seTable 14.—Personal Saving As a percentage of disposable personal income Standard procedure: Personal saving equals disposable personal income less outlay Alternative procedure: Personal saving equals gross investment less other sectors' saving As percentage nf private saving 1962-66 1 64 67 268 1967-7 I 1 7.5 74 318 1972-76l .. 78 82 320 1977-81 *: Previously published ,. ... Revised 5.4 6.0 5.6 60 224 243 5.9 6.0 239 61 58 236 Addenda: Revised estimates 1977 ,. ,. , 1978 ..,.,...„..... 1979..... 5.9 5.8 237 1980 58 6.0 242 6.4 6.3 25.9 1981 ... 1. Average of annual estimates. Source: NIPA tables 2.1 and 5.1 verity—are summarized in table 13. With the exception of the timing and duration of the 1980-81 expansion, the previously published and revised estimates show similar patterns. For the 1980-81 expansion, on the previously published basis, a peak occurred in the first quarter of 1981; a decline followed in the second, and an increase in the third put the third quarter barely—$0.6 billion—below the first-quarter peak. On the revised basis, the third quarter is the peak; it is only $2.6 billion above the first quarter, again with a decline in the second. Thus, although the quarters that are peaks differ, the amplitude of the expansion is not changed, because the levels of the first and third quarters are similar. However, shifting the peak, and thus extending the expanison from three to five quarters, makes a significant difference in the composition of the 1980-81 expansion. With the three-quarter expansion, the increase in GNP is more than accounted for by final sales, within which there are sizable increases in PCE, nonresidential fixed investment, and residential investment. With the five-quarter expansion, about two-fifths of the increase in GNP is accounted for by a sharp step-up in the rate of inventory accumulation in the third quarter. Within the three-fifths accounted for by final sales, PCE, residential investment, and net exports contribute less to the GNP increase over five quarters than they had over three quarters in the previously published estimates, largely because these components declined in either the second quarter or in the second and third quarters. These differences in the contribution of components to the expan- Table 15.—Composition of Personal Income by Type of Income [Percent] Average 1962-66 100.0 Personal Income 1967-71 1972-76 1977-81 100.0 100.0 100.0 1977 100.0 1978 100.0 1979 100.0 1980 100.0 1981 100.0 67.3 3.2 67.7 3.8 65.2 4.9 63.0 5.9 63.8 5.8 63.8 5.9 63.4 5.9 62.8 5.9 61.8 5.8 Proprietors' income with IVA and CCAdj: Farm .. Nonfarm .... 2.5 8.2 1.8 7.0 2.1 5.5 1.2 4.8 1.2 5.5 1.5 5.3 1.6 5.1 .9 4.5 1.0 4.2 Rental income of persons with CCAdj Personal dividend income Personal interest income ., 3.4 3.4 7.1 2.6 2.9 8.1 2.0 2.5 9.2 1.5 2.6 11.7 1.6 2.6 9.9 1.5 2.6 10.4 1.4 2.6 11.2 1.5 2.6 12.2 1.4 2.6 13.6 Transfer payments 7.6 9.3 12.5 12.9 12.8 13.8 13.9 Less: Personal contributions for social insurance , 2.6 3.4 3.9 4.0 4.2 Wage and salary disbursements Other labor income , 13.4 4.1 13.5 4.0 NOTE.—IVA is inventory valuation adjustment and CCAdj is capital consumption adjustment. Source: NIPA table 2.1. 4.1 4.3 CHART 4 Personal Saving Rate 4 I* r^ 1976 77 78 79 80 82 Note.—Personal saving as a percentage of disposable personal income; based on seasonally adjusted annual rates. U.S. Department of Commerce, Bureau of Economic Analysis 82-7-< sion in GNP have their mirror image in the contribution of the components to the subsequent contraction in GNP. Saving and investment As shown in chart 4, the personal saving rate is substantially higher through the revision period on the revised than on the previously published basis, although the quarterly patterns are quite similar. The average of annual saving rates for 1977-81 on the revised basis is up 0.6 percentage points from the previously published estimates (table 14). At 6.0 percent, it is still below the rates for the three preceding 5-year periods, especially the 7.8 percent in 1972-76. An alternative personal saving rate can be calculated within the framework of the NIPA's gross saving and investment account: Total gross saving is set equal to gross investment, and the estimates of saving by the other sectors are subtracted, so that personal saving is derived as a residual. (This procedure is tantamount to adding the statistical discrepancy to personal saving as derived from the personal income and outlay account.) Personal saving derived in this way is based on methodologies that are largely independent from the methodologies on which the standard measure of personal saving is based. Saving rates based on this alternative measure of saving (but with the same estimate of disposable personal income used in the standard calculation) are shown in table 14. July SURVEY OF CURRENT BUSINESS 17 cussed. Various explanations for it have been given—among them, shifts in the age distribution of the population, adjustments to higher and more variable rates of inflation, and shifts in the composition of income. The last explanation is grounded in the hypothesis that propensities to save out of the several types of income differ. Table 15 shows the This rate, like the rate calculated by the standard procedure, is higher on the revised basis than on the previously published basis, and is below the rates in the earlier periods—providing some substantiation of the modified view of personal saving provided by the revised estimates. The drop in the saving rate in recent years has been widely dis- composition of personal income on the revised basis. A substantial shift among income types is evident from 1972-76, when the saving rate was quite high, to 1977-81. Wage and salary disbursements, by far the largest component, were 2.2 percentage points lower in 1977-81 than in 197276. The shares of proprietors' income, especially farm income, and of rental Table 16.—Private Fixed Investment by Major Type of Investment Constant (1972) dollars Current dollars Nonresidential structures Total Producers' durable equipment Residential investment Nonresidential structures Total Producers' durable equipment Residential investment Gross investment 1976-81, percent change, average annual rate Revised .. . . • • • • - • 12.0 16.4 12.0 7.9 3.3 5.2 5.3 -2.5 12.9 17.1 13.4 7.8 4.2 5.5 6.9 -2.6 .9 ,7 1.4 _'l .9 .3 1.6 -.1 434.4 125.7 203.1 105.5 207.6 51.0 111.4 45.2 451.1 129.7 216.4 104.9 216.9 51.6 120.4 44.9 16.7 4.0 13.3 6 9.2 .5 9.0 3 1981, billions of dollars Previously published ... Revised ... ....... .. ............. Net investment 1976-81, percent change, average annual rate Previously published ••• •• Revised ... .. *• 9.3 24.8 7.4 1.3 1.0 12.2 5.8 91 • 11.3 26.6 12.9 .7 3.5 12.8 11.7 94 2.5 .6 5.9 .3 2.0 1.8 5.5 6 110.9 42.7 28.9 39.3 54.2 •16.5 21.6 16.1 121.0 45.9 37.0 38.1 61.3 17.0 28.3 15.9 10.1 3.2 8.1 7.1 .5 6.7 — 2 1981, billions of dollars Previously published ... Revised ... . .. Revision .. .. .. -1.2 Source: NIPA tables 5.2 and 5.3. Table 17.—Private Fixed Investment as a Percentage of Gross and Net National Product Current dollars Gross private fixed investment 1962-661 1967-711 .. .. 1972-76 * 1977-81l : Previously published Revised ..,.. ... Constant (1972) dollars Net private fixed investment Gross private fixed investment Net private fixed investment Billions of dollars Asa percentage of GNP Billions of dollars Asa percentage of NNP Billions of dollars As a percentage of GNP Billions of dollars As a percentage of NNP 94.2 14.5 40.4 6.8 127.9 14.4 55.7 6.9 135.4 14.4 54.9 6.4 155.3 14.5 63.7 6.5 213.9 14.9 75.3 5.8 181.5 14.6 65.6 5.8 377.7 386.7 15.7 16.1 121.7 127.3 5.8 6.0 210.7 216.2 14.5 14.9 69.2 73.4 5.3 5.6 200.9 14.7 71.1 5.7 6.5 Addenda: Revised estimates: 1977 ..... ,. .. .. 301.0 15.7 105.8 6.1 1978 360.1 16.7 137.6 7.1 220.7 15.3 84.9 1979 408.8 16.9 152.8 7.1 229.1 15.5 86.0 6.4 412.4 15.7 119.2 5.1 213.3 14.5 63.7 4.8 451.1 15.4 121.0 4.6 216.9 14.4 61.3 4.6 1980 , 1981 ,.„., 1. Average of annual estimates. Source: NIPA tables 1.7, 1.8, 5.2, and 5.3. 378-127 0 - 8 2 - 2 ., , , 18 SURVEY OF CURRENT BUSINESS July income of persons were also lower— 11.7 percent, compared with 5.8 from 1972-76 to 1977-81 are less fa1.6 and 0.5 percentage points, respec- percent. vorable—up only slightly for the gross tively. The higher shares were in Gross current-dollar fixed invest- ratio, and down for the net. other labor income (a major part of ment as a percent of GNP on a reThe revised estimates of PDE are which is employer contributions to vised basis is 16.1 percent for 1977-81, shown in table 18 by major type. A private pension and profit-sharing more than a point above the percent- flattening in the total beginning in funds), property income, and transfer age for 1972-76 (table 17). In contrast, 1979 is due to motor vehicles, which payments. Within property income, net investment as a percentage of net plummet after 1978. Two other types the share of personal interest income national product, at 6.0 percent, dif- of PDE—agricultural and construcwas up and that of personal dividend fers only slightly from the percentage tion—weaken late in the 1970's, reincome was unchanged. Within trans- for 1972-76. In constant dollars, for flecting weakness in the industries fer payments, its social security and both the gross and net ratios, changes that purchase them. Among the other government employee retirement benefit components were the major Table 18.—Constant-Dollar Nonresidential Producers' Durable Equipment, by Type factors in its higher share. [Billions of 1972 dollars] As noted earlier, the upward revision in personal saving, which underChange, 1976-81 lies the upward revision in the saving Billions 1981 1980 1979 1978 1977 1976 of Percent rate, is substantial, $22.6 billion in dollars 1981 (table 8). In contrast, business 120.4 34.3 117.6 120.8 39.8 113.7 99.9 86.1 Total ,. .. .... saving is revised very little. Within 17.2 -1.3 -7.0 17.4 23.9 25.6 23.1 18.5 Less* motor vehicles , ,. ,....,.., corporate saving, upward revisions in capital consumption allowances with Nonvehicle producers' durable equipment.... 103.2 35.6 52.7 100.2 96.9 88.1 76.7 67.6 capital consumption adjustment, espe-.9 5.0 5.4 -15.3 6.6 6.4 6.2 5.9 Agricultural machinery and tractors cially in 1980 and 1981, are roughly .1 3.7 2.8 3.1 4.2 4.5 3.7 2.7 Construction machinery except tractors ... offset by downward revisions in undisOffice, computing, and accounting matributed corporate profits with inven14.2 22.2 177.5 19.3 16.2 12.6 9.8 8.0 chinery , , tory valuation and capital consumpElectrical and communication equip8.9 22.0 67.9 21.7 19.9 18.4 16.4 13.1 ment .. ... . tion adjustments. Accordingly, the 3.9 10.8 56.5 10.5 9.6 9.1 7.7 6.9 Instruments . ..... composition of private saving is shifted toward persons. By the end of the General industrial, including materials 1.3 5.7 29.5 5.8 6.1 5.5 5.0 4.4 handling, equipment period, persons account for 25.8 per1.8 3.2 128.6 2.9 2.9 1.9 1.5 1.4 Aircraft cent of private saving on the revised 6.2 31.4 24.6 31.5 31.4 297 264 basis, compared with 22.4 percent on 252 Other the previously published basis. The Source: NIPA table 5.7. percentage accounted for by persons remains, however, well below that in Table 19.—Constant-Dollar Inventories, Business Final Sales, and Ratios the preceding 5-year period. Further, the gap between internal business Inventories Business final Ratio: Inventories sales to business final saving and fixed investment—a gap sales that requires financial intermediaPreviPreviously PreviRevised ously tion—widens given the upward revipubRevised ously pubRevised lished published sion in investment. For instance, in lished 1979, internal business saving is even 307.0 307.0 92.4 92.2 3.32 3.33 a little lower on the revised basis 1976: IV. .. 310.1 309.6 94.0 93.9 3.30 3.30 than on the previously published 1977-III 313.2 313.1 95.5 95.4 3.28 3.28 basis, but the level of fixed investHI.... 317.3 317.8 96.7 96.8 3.28 3.29 IV „ .. .. .. 320.3 319.3 97.9 97.6 3.26 3.28 ment is up substantially. 323.8 324.6 97.6 97.5 3.32 3.33 Fixed investment—On the basis of 1978-III 329.2 100.4 327.8 100.6 3.26 3.27 HI 330.7 332.5 101.7 101.7 3.25 3.27 the revised estimates, fixed invest336.3 IV 333.3 103.1 103.0 3.23 3.27 ment is substantially higher, largely 339.5 337.2 103.6 103.3 3.25 3.29 in PDE. As shown in table 16, the 1979-III.. .. 341.7 343.0 102.7 3.33 102.8 3.34 104.4 Ill 343.7 344.2 104.6 3.29 3.29 average annual rate of growth for the IV .. ., .. 343.6 105.4 343.5 105.4 3.26 3.26 constant-dollar gross investment total 1980-1. ....... 343.3 342.9 106.1 105.8 3.24 3.24 is 4.2 percent, compared with 3.3 perII 343.6 342.3 102.8 102.7 3.34 3.33 HI .. 340.2 103.9 342.3 3.29 103.7 3.28 cent, and that for constant-dollar IV 338.6 340.6 105.4 3.23 105.0 3.22 PDE is 6.9 percent, compared with 5.3 1981- 1 339.2 340.2 107.3 106.4 3.17 3.19 percent. For net investment, the averII , „ ., 342.9 342.3 105.9 3.24 105.2 3.25 Ill .. .. 346.4 346.6 105.9 3.27 105.5 3.28 age annual rates of growth of revised IV , 105.2 347.6 347.7 104.6 3.31 3.32 estimates are even higher relative to 1. As of the end of the quarter. previously published estimates. For 2. Quarterly totals at monthly rates. Source: NIPA table 5.10. example, for PDE, the growth rate is l 2 July types, office, computing, and accounting machinery, and aircraft are the fastest growing. Inventory investment—On the revised basis, the constant-dollar stock of inventories is a little higher by the last half of 1977, in 1978, and in 1979 than on the previously published basis, a little lower in 1980 and through the second quarter of 1981, and almost the same in the final two quarters of that year (table 19). (Because changes in this stock, at annual rates, are the constant-dollar CBI component of GNP, the near-identity SURVEY OF CURRENT BUSINESS 19 of the stocks on the previously published and revised bases at the end of the revision period points to cumulative quarterly revisions in the CBI near zero.) Over the period, the stock grew 13.2 percent. Final sales of business, an aggregate often compared with inventories to obtain an overview of the inventory situation, grew at about the same rate as the stock on both the previously published and revised bases. As a result, the ratios for both the previously published and revised estimates of constant-dollar inventories to final sales of business start and end the period at almost the same level—3.33 and 3.32 for the revised ratio. The ratios on a revised basis closely track the quarterly movements of those previously published. The revised ratios are a little higher in late 1977 and in 1978, and again in 1981, and they tend to fluctuate a little less. An alternative ratio—one that relates inventories to final sales of goods and structures—is based on the assumption that the provision of services requires only minimal inventories. This series is also very similar on the revised and previously published bases. SURVEY OF CURRENT BUSINESS 20 July TABLE A.—SUMMARY NATIONAL INCOME AND PRODUCT ACCOUNTS, 1981 Account 1.—National Income and Product Account [Billions of dollars] Line Line 1 Compensation of employees .. . . ... . 2 Wages and salaries 3 Disbursements (2-7) 4 Wage accruals less disbursements (3—12) and (5—4) 5 Supplements to wages and salaries 6 Employer contributions for social insurance (3—20) 7 Other labor income (2-8).. 1,767.6 14940 1,493.9 0 273.6 133.2 140.4 ..... ., , 8 Proprietors' income with inventory valuation and capital consumption adjustments (2-9).. 33.9 9 Rental income of persons with capital consumption adjustment (2-10) 10 Corporate profits with inventory valuation and capital consumption adjustments .... 11 12 13 14 15 16 17 Profits before tax Profits tax liability (3-17). ... ..... Profits after tax Dividends (2-12). ... Undistributed profits (5-6) Inventory valuation adjustment (5-7) Capital consumption adjustment (5—8) .. 124.7 , ... .. , ,. ... ........... ... 190.6 2321 81.2 150.9 65.1 85.8 24.6 -16.8 18432 234 6 7345 874 1 . 31 Gross private domestic investment (5—1) 32 Fixed investment.... .. 33 Nonresidential 34 Structures 35 Producers' durable equipment ... 36 Residential 37 Change in business inventories.... .. .... ,, .. , „ , 38 Net exports of goods and services 39 Exports (4-1) . ... 40 Imports (4-3) ... ..... ,. . 41 Government purchases of goods and services (3—1) 42 Federal... .. 43 National defense 44 Nondefense. ,. .. 45 State and local 4715 451 1 3461 1297 216 4 1049 20.5 26.1 3673 3413 5969 2289 1537 752 3680 ... . ...... 235.7 18 Net interest (2-15) ... ,. ...... 2,352.5 , 20 Business transfer payments (2-20) 21 Indirect business tax and nontax liability (3—18) .. 22 Less* Subsidies less current surplus of government enterprises (3-11) 12.4 2513 6.6 19 National income 27 Personal consumption expenditures (2—3) 28 Durable goods 29 Nondurable goods. ... 30 Services ., ... .. 2,609.5 23 Charges against net national product 3301 24 Capital consumption allowances with capital consumption adjustment (5—9) 25 Charges against gross national product .. 26 Statistical discrepancy (5-12) ,,.„. , .. . ., ... ... 2,939.6 -1.9 2,937.7 GROSS NATIONAL PRODUCT GROSS NATIONAL PRODUCT 2,9377 ... Account 2.—Personal Income and Outlay Account 1 Personal tax and nontax payments (3—16) 386 7 2 Personal outlays .. . 3 Personal consumption expenditures (1-27) , 4 Interest paid by consumers to business (2—18) .. 5 Personal transfer payments to foreigners (net) (4—5) 6 Personal saving (5-3) . ... 1 898 9 1,843.2 55.1 6 .. 130.2 7 Wage and salary disbursements (1—3) ... 8 Other labor income (1-7) 9 10 Rental income of persons with capital consumption adjustment (1—9) 11 12 13 Dividends (1-14) Less* Dividends received by government (3—10) 14 15 16 17 18 Net interest (1-18) Interest paid by government to persons and business (3—7) ...... Less* Interest received by government (3—9) Interest paid by consumers to business (2—4) ..... ... 22 Less* Personal contributions for social insurance (3 21) .. .. 24158 140.4 Proprietors' income with inventory valuation and capital consumption adjust....... ments (1-8) 19 Transfer payments to persons 20 From business (1—20)... . 21 From government (3—3) PERSONAL TAXES, OUTLAYS, AND SAVING 1 493.9 .... .. PERSONAL INCOME 1247 33.9 ..... 62.5 651 26 329.0 235.7 983 601 551 .... ..... 336.3 124 3239 1049 24158 July 21 SURVEY OF CURRENT BUSINESS TABLE A.—SUMMARY NATIONAL INCOME AND PRODUCT ACCOUNTS, 1981—Continued Account 3.—Government Receipts and Expenditures Account [Billions of dollars] Line Line 1 Purchases of goods and services (1—40) .. .. 2 Transfer payments 3 To persons (2-21) 4 To foreigners (net) (4-6) 5 6 7 g 9 . . . , Interest paid To persons and business (2—16) To foreigners (4-7) Less* Interest received by government (2^17) .. .... 5969 16 Personal tax and nontax payments (2—1) 329.6 323.9 5.7 17 Corporate profits tax liability (1-12) 18 Indirect business tax and nontax liability (1-21) 2513 550 115.1 983 16.7 601 19 Contributions for social insurance 20 Employer (1-6) 21 Personal (2-22) 2381 1332 104 9 386 7 812 26 10 Less" Dividends received by government (2—13) 11 Subsidies less current surplus of government enterprises (1—22) 66 .... 0 12 Less* Wage accruals less disbursements (1—4) 13 Surplus or deficit ( ) national income and product accounts (5—10) 14 Federal , 15 State and local GOVERNMENT EXPENDITURES AND SURPLUS ..... . -28.2 -60.0 31.7 957.3 .. GOVERNMENT RECEIPTS .. .. ... 957,3 Account 4.—Foreign Transactions Account 1 Exports of goods and services (1-39) 367 3 2 Capital grants received by the United States (net) (5-11) .. 11 3 Imports of goods and services (1—40) 3413 4 Transfer payments to foreigners (net) 5 From persons (net) (2-5) 6 From government (net) (3—4) 63 6 57 7 Interest paid by government to foreigners (3—8) 167 4.1 8 Net foreign investment (5—2) RECEIPTS FROM FOREIGNERS 368.4 368.4 PAYMENTS TO FOREIGNERS Account 5.—Gross Saving and Investment Account 1 Gross private domestic investment (1—31) « 2 Net foreign investment (4—8) ..... 471 5 ... 41 3 Personal saving (2-6) .. .. ,,...„..., 4 Wage accruals less disbursements (1-4) , 130.2 , 0 „..., 5 Undistributed corporate profits with inventory valuation and capital consumption adjustments .. •• .. ...... Undistributed corporate profits (1-15) 6 7 8 Capital consumption adjustment (1—17) ... .. .. 44.4 858 246 -16.8 .. .. 9 Capital consumption allowances with capital consumption adjustment (1—25) ,..,,., 330.1 10 Government surplus or deficit (— ), national income and product accounts (3-13) ...... -28.2 11 11 Capital grants received by the United States (net) (4-2) 12 Statistical discrepancy (1-26) GROSS INVESTMENT .. . 475 6 .. ., GROSS SAVING AND STATISTICAL DISCREPANCY , ... ... -1.9 475.6 Note.—Numbers in parentheses indicate accounts and items of counterentry in the accounts. For example, the counterentry for wage and salary disbursements, (2-7), is in account 2, line 7. NATIONAL INCOME AND PRODUCT ACCOUNTS TABLES 1. National Product and Income Table 1.1.—Gross National Product Millions of dollars Line Gross national product , Personal consumption expenditures .. Durable goods .. Nondurable goods Services Gross private domestic investment Fixed investment... Nonresidential Structures ., Producers' durable equipment Residential ..... Farm structures Producers' durable equipment Change in business inventories Nonfarm Farm ..... Net exports of goods and services Exports.. Imports , Government purchases of goods and services Federal National defense ... Nondefense State and local ... 1976 1977 1978 Billions of dollars, seasonally adjusted at annual rates 1979 1980 1 1,718,018 1,918,324 2,163,863 2,417,759 2 1,084,271 3 4 5 156,831 441,715 485,725 178,215 478,812 547,413 200,214 528,237 618,023 6 257,867 324,056 386,592 7 8 9 10 11 12 13 14 15 16 17 246,044 174,069 58,783 115,286 71,975 68,822 1,103 2,050 11,823 13,872 2049 301,049 205,249 64,409 140,840 95,800 91,956 1,548 2,296 23,007 21,868 1,139 360,137 248,893 78,734 170,159 111,244 106,956 1,739 2,549 26,455 25,392 1,063 1,204,440 1,346,474 1977 1981 I 2,633,108 2,937,716 II 1978 rv III I III IV 1,834.8 1,895.1 1,954.4 1,988.9 2,031.7 2,139.5 2,202.5 2,281.6 1,507,165 1,667,191 1,843,184 1,162.7 1,186.8 1,216.5 1,251.8 1,276.4 213,441 600,028 693,696 II 1,330.7 1,367.5 1,411.3 214,316 670,353 782,522 234,552 734,522 874,110 171.2 466.0 525.5 175.5 474.5 536.8 180.1 480.5 555.9 186.0 494.3 571.5 184.9 502.7 588.8 202.6 519.2 608.8 203.7 534.9 628.8 209.6 556.1 645.6 423,030 402,348 471,537 296.4 319.4 339.6 340.7 354.2 388.5 394.6 409.1 408,769 290,200 98,291 191,909 118,569 113,993 1,707 2,869 14,261 8,592 5,669 412,352 309,164 110,540 198,624 103,188 98,316 1,858 3,014 10004 -5,726 -4,278 451,072 346,123 129,736 216,387 104,949 99,693 2,054 3,202 20,465 14,979 5,486 276.8 191.5 60.0 131.6 85.3 81.6 1.7 2.0 19.6 18.7 1.0 296.2 200.8 63.5 137.3 95.4 91.5 1.6 2.2 23.3 22.3 1.0 307.5 208.2 66.2 142.0 99.3 95.2 1.7 2.4 32.1 31.1 1.0 323.7 220.5 68.0 152.5 103.2 99.4 1.2 2.5 17.1 15.4 1.7 328.9 226.8 70.0 156.8 102.1 98.0 1.7 2.5 25.3 24.3 1.0 357.7 245.8 77.6 168.2 111.9 108.1 1.3 2.6 30.8 29.8 1.0 371.1 256.4 81.9 174.5 114.8 110.3 2.0 2.5 23.5 22.4 1.0 382.8 266.6 85.4 181.1 116.2 111.5 2.1 2.6 26.2 25.0 1.3 -11.7 -11.7 -4.1 18 13,780 3,986 1,116 13,213 25,194 26,060 -2.1 -1.8 -0.4 1.2 10.1 ., 19 20 170,876 157,096 182,744 186,730 218,718 219,834 281,358 268,145 339,219 314,025 367,332 341,272 177.9 180.0 185.1 186.8 186.8 187.2 181.2 192.9 195.6 207.2 213.1 217.2 224.0 222.9 242.1 232.0 21 362,100 393,814 431,913 474,351 538,375 596,935 377.9 390.7 398.7 408.0 412.8 424.4 439.3 451.1 22 23 .. 24 25 129,174 85,964 43,210 232,926 143,444 92,825 50,619 250,370 153,587 100,273 53,314 278,326 168,343 111,839 56,504 306,008 197,180 131,360 65,820 341,195 228,947 153,732 75,215 367,988 135.8 90.6 45.1 242.1 142.2 92.7 49.6 248.4 146.2 93.5 52.7 252.5 149.5 94.5 55.0 258.4 147.3 95.3 52.0 265.5 149.2 99.7 49.5 275.3 156.1 101.7 54.4 283.2 161.8 104.4 57.4 289.3 Billions of dollars, seasonally adjusted at annual rates 1979 Line 1980 1982 1981 I II III IV I II III IV I II III IV I II Gross national product 1 2,335.5 2,377.9 2,454.8 2,502.9 2,575.9 2,573.4 2,643.7 2,739.4 2,864.9 2,901.8 2,980.9 3,003.2 2,995.5 3,047.4 Personal consumption expenditures 2 1,446.3 1,476.0 1,528.3 1,578.0 1,618.7 1,622.2 1,682.0 1,745.8 1,799.9 1,819.4 1,868.8 1,884.5 1,919.4 1,950,8 3 4 5 211.1 569.3 666.0 208.7 586.0 681.3 217.3 609.3 701.7 216.6 635.5 725.9 220.8 650.6 747.3 199.0 656.7 766.6 212.7 673.7 795.6 224.7 700.5 820.6 236.9 720.6 842.4 230.4 729.6 859.4 241.2 741.3 886.3 229.6 746.5 908.3 237.9 749.1 932.4 242.6 756.5 951.6 Durable goods . Nondurable goods .. Gross private domestic investment Fixed investment Nonresidential Structures ..,,,. Producers' durable equipment Residential „ Nonfarm structures .. , Farm structures Producers' durable equipment Change in business inventories Nonfarm Farm ., ,,,, Net exports of goods and services Exports Imports t Government purchases of goods and services .. Federal National defense Nondefense State and local.. , .. 6 415.1 428.3 431.9 416.8 424.0 391.0 384.1 410.3 455.7 475.5 486.0 468.9 414.8 429.1 7 8 9 10 11 12 13 14 15 16 17 393.5 277.1 89.2 187.9 116.4 112.3 1.5 2.7 21.5 16.5 5.0 401.9 283.7 94.6 189.1 118.2 114.3 1.1 2.8 26.4 20.9 5.5 420,2 298.4 102.3 196.1 121.8 117.1 1.7 3.0 11.8 4.7 7.0 419.4 301.6 107.1 194.5 117.8 112.3 2.5 3.0 -2.6 -7.8 5.1 424.6 311.2 110.9 200.2 113.5 107.4 3.1 3.0 -0.7 0.7 -1.4 391.4 300.2 109.1 191.2 91.2 86.9 1.4 2.9 04 4.0 44 405.3 307.8 109.5 198.2 97.6 93.5 1.0 3.0 -21.2 154 -5.8 428.0 317.5 112.6 204.9 110.5 105.4 2.0 3.1 -17.7 -12.3 -5.5 443.5 330.0 119.6 210.4 113.6 109.1 1.3 3.2 12.2 10.0 2.2 450.9 341.3 127.0 214.3 109.5 104.7 1.6 3.2 24.6 19.3 5.3 454.2 353.0 132.7 220.2 101.2 95.6 2.4 3.2 31.8 24.6 7.2 455.7 360.2 139.6 220.6 95.5 89.4 2.9 3.2 13.2 6.0 7.2 450.4 357.0 141.4 215.6 93.4 87.9 2.4 3.1 35.6 36.0 0.4 448.8 354.0 143.2 210.8 94.7 88.7 2.8 3.2 -19.7 -19.2 05 18 17.2 9.1 16.1 10.5 14.0 24.2 39.0 23.5 31.2 23.7 25.9 23.5 31.3 35.6 365.4 334.2 19 20 256.1 238.9 268.2 259.1 290.6 274.5 310.5 300.0 335.7 321.7 337.3 313.1 337.2 298.2 346.7 323.2 21 456.9 464.5 478.5 497.6 519.2 536.0 538.5 559.8 22 23 24 .. . 25 164.4 106.6 57.8 292.5 163.2 109.0 54.2 301.2 168.0 112.7 55.3 310.5 177.8 119.0 58.7 319.8 189.6 126.8 62.8 329.6 198.8 130.0 68.8 337.2 193.3 130.5 62.8 345.2 207.0 138.1 68.9 352.8 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 22 368.9 345.1 367.2 341.3 367.9 344.4 359.9 328.6 360.9 325.3 578.1 583.2 600.2 626.3 630.1 631.9 217.0 143.1 73.9 361.1 218.2 150.5 67.7 365.0 230.0 154.4 75.7 370.1 250,5 166.9 83.6 375.7 249.7 166.2 83.5 380.4 244.1 172.2 71.9 387.8 SURVEY OF CURRENT BUSINESS July 23 Table 1.2.—Gross National Product in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1980 1979 1981 1978 1977 m 1,400.0 1,437.0 1,448.8 1,468.4 880.4 883.8 901.1 908.6 919.2 136.9 331.9 389.2 139.2 332.4 395.7 142,0 338.7 399.7 139.4 339.1 405.3 149.8 341.0 410.3 147.9 345.3 415.4 150.1 352.2 416.9 1,298.2 1,369.7 1,438.6 1,479.4 1,474.0 1,502.6 1,341.3 1,363.3 823.1 864.3 903.2 927.6 930.5 947.6 851.7 858.0 3 4 5 126.6 321.9 374.7 138.0 333.4 393.0 146.8 344.4 412.0 147.2 353.1 427.3 137.1 355.8 437.6 140.0 362.4 445.2 133.9 330.6 387.1 6 , Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment Residential... Nonfarm structures Farm structures , , Producers' durable equipment Change in business inventories Nonfarm Farm Net exports of goods and services Exports Imports.. Government purchases of goods and services Federal National defense Nondefense State and local rv 867.3 1 2 Durable goods ., Nondurable goods Services m 1,385.8 1,388.4 , Personal consumption expenditures Gross national product.. IV 184.5 214,2 236.7 236.3 208.4 225.8 201.7 213.7 222.8 218.5 226.7 239.9 238.0 242.2 ,.., 7 8 9 10 11 12 ..,.., 13 14 15 16 ..,.,, 17 176.7 125.6 39.5 86.1 51.2 48.7 0.8 1.7 7.8 9.6 -1.9 200.9 140.3 40.4 99.9 60.7 57.9 1.0 1.8 13.3 13.6 -0.3 220.7 158.3 44.6 113.7 62.4 59.5 1.0 1.9 16.0 16.0 0.0 229.1 169.9 49.1 120.8 59.1 56.3 0.8 2.0 7.3 4.9 2.4 213.3 166.1 48.5 117.6 47.2 44.3 0.8 2.0 -5.0 -2.9 -2.1 216.9 172.0 51.6 120.4 44.9 42.1 0.9 2.0 9.0 6.8 2.1 191.2 134.5 38.9 95.6 56.7 54.0 1.1 1.6 10.5 10.9 -0.5 199.9 138.8 40.2 98.6 61.2 58.4 1.1 1.8 13.8 14.2 -0.5 204.0 141.2 41.3 99.9 62.8 59.8 1.1 1.9 18.7 19.2 -0.4 208.4 146.5 41.2 105.4 61.9 59.2 0.7 2.0 10.1 10.0 0.1 209.4 148.5 41.9 106.7 60.9 58.0 1.0 1.9 17.3 17.3 0.0 221.5 157.9 44.7 113.1 63.7 61.0 0.7 1.9 18.4 18.4 -0.1 224.8 161.6 45.7 115.9 63.1 60.2 1.1 1.9 13.3 13.3 0.0 227.1 165.2 46.2 119.0 61.8 58.8 1.1 1.9 15.2 15.1 0.1 18 25.4 22.0 24.0 37.2 50.6 42.0 22.3 22.6 24.9 18.1 19.1 22.4 25.3 29.3 19 „...„.. 20 110.1 84.7 112.9 90.9 126.7 102.7 146.2 109.0 159,2 108.6 158.5 116.4 111.0 88.7 113.9 91.3 115.2 90.3 111.4 93.2 118.1 124.3 101.9 128.8 103.5 135.6 106.2 21 265.2 269.2 274.6 278.3 284.6 287.1 270.8 271.4 273.6 276.8 277.7 22 23 24 25 96.8 64.9 31.8 168.4 100.4 65.4 35.0 168.8 100.3 65.7 34.7 174.3 102.1 67.4 34.8 176.2 106.5 70.1 36.4 178.1 110.4 73.5 36.8 176.7 97.6 65.5 32.1 168.0 100.2 65.9 34.3 168.8 102.2 65.8 36.4 168.6 101.8 64.5 37.3 169.6 99.0 66.0 33.0 174.7 101.1 66.4 34.7 175.7 102.4 66.2 36.2 175.3 64.1 34.7 171.6 Seasonally adjusted at annual rates 1979 Line Gross national product Personal consumption expenditures.. Durable goods Nondurable goodsServices 1980 III IV IV 1,469.2 1,486.6 1,489.3 1,494.9 1,457.8 1,463.8 1,479.4 1,507.8 1,502.2 1,510.4 1,490.1 1,470.7 1,476.8 919.5 930.9 938.6 937.0 915.8 928.0 941.0 951.1 944.6 951.4 943.4 949.1 956.3 148.6 349.9 422.8 144.9 349.2 425.4 149.1 353.4 428.5 146.3 359.8 432.6 145.4 357.8 433.9 128.9 352.7 434.3 134.6 353.7 439.7 139.5 359.0 442.5 145.3 361.6 444.2 138.6 361.7 444.3 142.2 363.0 446.2 134.1 363.1 446.2 137,5 362,2 449.5 139.0 365.7 451.6 221.6 229.5 218.9 195.4 200.5 215.9 166.4 47.5 118.9 49.5 46.6 0.9 2.0 -6.2 -3.7 -2.5 219.2 169.7 49.5 120.1 49.6 47.0 0.6 2.0 2.4 2.0 0.4 217.4 170.1 51.0 119.1 47.3 44,6 0.7 2.0 12.1 10.2 1.9 216.9 173.9 52.5 121.4 42.9 39.9 1.0 2.0 16.5 13.6 3.0 214.1 174.2 53.3 120.9 39.9 36.7 1.2 2.0 4.8 1.6 3.2 210.8 172.0 53.5 118.5 38.9 36.0 1.0 1.9 -15.4 -15.6 0.2 207.4 168.2 53.7 114.5 39.2 36.1 1.1 1.9 -6.9 -6.6 -0.3 241.5 241.3 237.2 225.3 222.7 201.9 199.2 228.6 168.0 46.6 121.3 60.7 57.9 0.8 1.9 12.9 10.8 2.1 227.6 168.0 48.2 119.7 59.6 57.0 0.6 2.0 13.7 11.5 2.3 232.4 172.9 50.4 122.5 59.5 56.6 0.8 2.1 4.8 1.6 3.1 227.6 170.9 51.2 119.7 56.7 53.4 1.2 2.1 -2.3 -4.4 2.1 225.3 171.9 51.1 120.8 53.4 49.9 1.4 2.1 -2.6 -1.9 -0.7 204.4 162.4 48.5 113.9 42.0 39.4 0.6 2.0 -2.5 -0.1 -2.4 207.8 163.8 47.1 116.7 44.0 41.5 0.5 2.0 -8.5 -5.7 -2.8 Government purchases of goods and servicesFederal National defense.., Nondefense ...„...„. State and local 33.4 31.5 39.8 44.2 50.5 53.2 53.1 45.6 48.2 44.2 39.2 36.5 36.9 35.6 138.8 105.4 140.4 109.0 149.2 109.4 156.4 112.2 164.4 113.9 161.2 108.0 155.9 102.8 155.1 109.6 159.3 111.1 159,7 115.5 157.8 118.7 156.9 120.4 151.7 114.7 152.3 116.8 276.4 276.8 278.8 281.2 284.7 286.9 283.4 283.2 286.4 291.3 289.2 284.5 102.2 66.4 35.8 174.2 101.0 67.1 33.8 175.9 103.4 68.2 35.2 177.8 106.4 70.3 36.1 178.3 109.1 70.4 38.7 177,8 107.9 71.0 107.0 72.9 34.1 176.9 116.0 76.1 39.9 175.3 114.4 74.5 39.8 174.9 109.4 75.8 33.6 175.0 101.9 67.7 34.2 176.8 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. IV 921.2 Fixed investment ....... Nonresidential.. Structures Producers' durable equipment.. Residential Nonfarm structures Farm structures... Producers' durable equipmentChange in business inventories Nonfarm....,.., , Farm , Exports.. Imports- III 1,472.6 Gross private domestic investment.... Net exports of goods and services.. 1982 1981 III 105.5 70.0 35.5 177.9 104.8 69.6 35.2 178.4 179.0 110.7 74.3 36.5 175.7 24 SURVEY OF CURRENT BUSINESS July Table 1.3.—Gross National Product by Major Type of Product [Billions of dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1981 1977 I II 1978 III IV I III II IV Gross national product 1 1,718.0 1,918.3 2,163.9 2,417.8 2,633.1 2,937.7 Final sales .. .. Change in business inventories 2 3 1,706.2 11.8 1,895.3 23.0 2,137.4 26.5 2,403.5 14.3 2,643.1 -10.0 2,917.3 1,815.2 1,871.9 1,922.3 20.5 19.6 32.1 23.3 4 771.1 855.0 958.6 1,065.6 1,141.9 1,289.2 819.9 847.0 873.8 879.5 889.3 951.1 976.1 1,017.8 5 ...... 6 759.3 11.8 832.0 23.0 932.1 26.5 1,051.3 14.3 1,151.9 -10.0 1,268.7 20.5 800.3 19.6 823.7 23.3 841.7 32.1 862.4 17.1 864.0 25.3 920.3 30.8 952.7 23.5 991.5 26.2 Durable goods . Final sales Change in business inventories 1 7 8 9 320.2 312.5 7.7 365.2 354.9 10.4 421.2 402.1 19.1 464.8 454.3 10.5 477.3 482.5 52 528.1 519.4 8.7 348.9 342.9 6.0 362.3 351.6 10.8 372.5 357.4 15.1 377,2 367.6 9.6 387.0 366.5 20.5 420.3 401.8 18.5 427.8 411.1 16.7 449.7 428.9 20.7 Nondurable goods ..... Final sales Change in business inventories * 10 11 12 450.9 446.7 4.2 489.8 477.2 12.6 537.4 530.1 7.3 600.8 597.0 3.8 664.6 669.4 -4.8 761.1 749.4 11.7 471.0 457.3 13.6 484.6 472.2 12.5 501.3 484.3 17.0 502.3 494.9 7.5 502.3 497.5 4.8 530.8 518.5 12.3 548.3 541.6 6,7 568.1 562.6 5.5 Services 13 779.3 867.2 972.2 1,089.7 1,225.5 1,364.3 834.0 852.3 879.6 902.9 932.8 955.7 983.8 1,016.4 Structures 14 167.6 196.1 233.1 262.5 265.7 284.2 180.9 195.9 201.0 206.4 209.6 232.8 242.7 247.4 15 16 1,704.2 1,692.4 1,922.3 1,899.3 2,165.0 2,138.5 2,404.5 2,390.3 2,607.9 2,617.9 Goods Final sales Change in business inventories 1,834.8 1,895.1 1,954.4 1,988.9 2,031.7 2,139.5 2,202.5 2,281.6 1,971.8 2,006.4 2,108.7 2,179.1 2,255.4 17.1 25.3 30.8 23.5 26.2 Addenda: Gross domestic purchases 2 . Final sales to domestic purchasers 2 .. .... 2,911.7 1,837.0 1,896.9 2,891.2 1,817.4 1,873.6 1,954.8 2,000.6 2,043.4 2,143.6 2,201.4 2,271.5 1,922.7 1,983.5 2,018.1 2,112.8 2,177.9 2,245.3 Seasonally adjusted at annual rates Gross national product. Goods .. IV I II III 1982 IV I II III IV I II 2,377.9 2,454.8 2,502.9 2,575.9 2,573.4 2,643.7 2,739.4 2,864.9 2,901.8 2,980.9 3,003.2 2,995.5 3,047.4 2,314.0 21.5 2,351.5 26.4 2,443.1 11.8 2,505.5 2.6 2,576.6 -0.7 2,573.9 -0.4 2,664.8 -21.2 2,757.1 17.7 2,852.7 12.2 2,877.2 24.6 2,949.1 31.8 2,989.9 13.2 3,031.1 -35.6 3,067.0 -19.7 4 1,042.1 1,051.2 1,079.4 1,089.8 1,125.2 1,114.5 1,140.4 1,187.4 1,265.3 1,276.1 1,317.0 1,298.4 1,269.4 1,290.1 5 6 1,020.5 21.5 1,024.8 26.4 1,067.6 11.8 1,092.4 2.6 1,125.8 -0.7 1,114.9 -0.4 1,161.6 -21.2 1,205.1 17.7 1,253.1 12.2 1,251.4 24.6 1,285.1 31.8 1,285.2 13.2 1,305.0 35.6 1,309.8 -19.7 ... ..... ...... 7 8 9 464.1 444.9 19.2 460.2 442.6 17.6 472.5 465.0 7.5 462.4 464.7 -2.3 476.4 488.1 -11.8 461.0 461.4 0,5 468.1 481.2 13 1 503.7 499.2 4.6 522.0 519.8 2.2 538.2 519.7 18.5 547.3 527.5 19.8 504.9 510.5 -5.6 482.4 513.2 -30.9 506.7 513.0 -6.3 10 11 „.. ........ 12 578.0 575.6 2.3 590.9 582.1 8.8 606.8 602.6 4.3 627.4 627.7 -0.3 648.8 637.7 11.1 653.5 653.5 0.0 672.3 680.4 -8.1 683.6 705.9 223 743.3 733.3 10.0 737.8 731.7 6.1 769.7 757.6 12.0 793.6 774.7 18.9 787.0 791.8 -4.8 783.4 796.8 13.4 ..... Nondurable goods Final sales .. Change in business inventories 1 III 2,335.5 ... Durable goods ... ... .......... Final sales Change in business inventories 1 II , 1 .. Final sales .. .. Change in business inventories 1981 I .... 2 3 .... , Final sales Change in business inventories 1980 1979 Line ... Services Structures .... 13 1,045.8 1,069.4 1,104.0 1,139.5 1,174.7 1,207.2 1,243.3 1,277.0 1,313.5 1,340.2 1,382.1 1,421.5 1,444.4 1,471.9 .......... 14 247.6 257.3 271.4 273.6 276.0 251.8 259.9 275.1 286.1 285.6 281.9 283.3 281.7 285.3 15 16 2,318.3 2,296.7 2,368.8 2,342.4 2,438.8 2,427.0 2,492.3 2,495.0 2,561.9 2,562.6 2,549.2 2,549.6 2,604.6 2,625.8 2,715.9 2,733.6 2,833.8 2,821.6 2,878.1 2,853.5 2,955.0 2,923.2 2,979.7 2,966.5 Addenda: Gross domestic purchases 2 Final sales to domestic purchasers 2 ,.„ 2,964.2 . 3,011.7 2,999.8 3,031.4 1 Prior 2 to 1959, inventories held by construction establishments are included in line 12. Gross domestic purchases equals gross national product less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.4.—Gross National Product by Major Type of Product in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1981 I Gross national product .. Final sales Change in business inventories Goods , Final sales..... Change in business inventories .. . Durable goods Final sales , ..... Nondurable goods , Final sales .. .. Change in business inventories 1 Services Structures .. 1978 1977 II III IV I II III IV 1 1,298.2 1,369.7 1,438.6 1,479.4 1,474.0 1,502.6 2 3 1,290.4 7.8 1,356.4 13.3 1,422.6 16.0 1,472.2 7.3 1,479.0 50 1,493.7 1,330.8 1,349.5 1,367.0 9.0 10.5 13.8 18.7 4 587.2 628.1 662.0 677.7 667.9 689.5 612.9 625.2 636.9 637.2 636.9 662.2 666.4 682.3 5 6 579.4 7.8 614.8 13.3 645.9 16.0 670.4 7.3 672.9 5.0 680.5 9.0 602.4 10.5 611.5 13.8 618.1 18.7 627.1 10.1 619.6 17.3 643.9 18.4 653.1 13.3 667.1 15.2 7 8 9 248.1 242.7 5.4 271.6 264.7 6.9 297.2 285.4 11.8 305.3 299.1 6.2 288.3 290.8 -2.6 293.1 289.3 3.8 262.9 258.7 4.2 271.2 264.1 7.2 275.7 265.9 9.9 276.6 270.0 6.5 279.8 266.7 13.1 299.0 287.8 11.2 300.3 290.4 9.9 309.4 296.7 12.8 10 11 12 339.1 336.7 2.4 356.5 350.1 6.3 364.8 360.5 4.3 372.4 371.3 1.1 379.7 382.1 2.4 396.3 391.2 5.1 350.1 343.8 6.3 354.0 347.4 6.6 361.1 352.3 8.9 360.6 357.0 3.6 357.0 352.9 4.1 363.2 356.0 7.2 366.1 362.7 3.3 372.9 370.5 2.4 13 595.0 617.3 644.7 670.7 687.1 695.6 608.8 612.4 621.9 626.1 637.5 640.7 647.4 653.2 14 116.0 124.4 131.9 131.0 118.9 117.6 119.6 125.6 127.0 125.2 125.7 134.1 135.0 132.9 15 16 1,272.8 1,265.0 1,347.7 1,334.4 1,414.5 1,398.5 1,442.2 1,435.0 1,423.4 1,428.4 1,341.3 1,363.3 1,385.8 1,388.4 1,400.0 1,437.0 1,448.8 1,468.4 1,378.3 1,382.8 1,418.6 1,435.5 18.4 10.1 17.3 13.3 1,453.2 15.2 Addenda: Gross domestic purchases 2 .. ..... Final sales to domestic purchasers 2 1,460.6 1,319.0 1,340.6 1,360.8 1,370.3 1,380.9 1,414.6 1,423.5 1,439.1 1,451.6 1,308.5 1,326.9 1,342.1 1,360.2 1,363.7 1,396.3 1,410.2 1,423.9 SURVEY OF CURRENT BUSINESS July 25 Table 1.4.—Gross National Product by Major Type of Product in Constant Dollars—Continued [Billions of 1972 dollars] Seasonally adjusted at annual rates 1979 Line Gross national product... Final sales Change in business inventories Goods Final sales Durable goods Final sales Change in business inventories * ,,„ ., Nondurable goods .. Final sales... Change in business inventories 1 Services Structures. .. ... 1980 1982 1981 I II III IV I II III IV I II III IV I II 1 1,472.6 1,469.2 1,486.6 1,489.3 1,494.9 1,457.8 1,463.8 1,479.4 1,507.8 1,502.2 1,510.4 1,490.1 1,470.7 1,476.8 2 .. 3 1,459.7 12.9 1,455.4 13.7 1,481.9 4.8 1,491.6 23 1,497.5 26 1,460.3 -2.5 1,472.3 85 1,485.7 -6.2 1,505.4 2.4 1,490.1 12.1 1,493.9 16.5 1,485.3 4.8 1,486.1 -15.4 1,483.7 -6.9 4. 681.4 671.9 678.7 678.7 682.5 658.2 659.5 671.6 692.8 689.8 697.2 678.0 661.8 665.2 5 6 668.5 12.9 658.1 13.7 673.9 4.8 681.0 23 685.1 26 660.7 -2.5 668.0 85 677.8 62 690.4 2.4 677.7 12.1 680.7 16.5 673.2 4.8 677.2 -15.4 672.1 -6.9 7 8 9 313.0 301.3 11.7 303.6 293.6 10.0 306.2 302.3 3.9 298.3 299.3 -1.0 299.5 304.2 -4.7 278.6 279.8 12 280.8 286.9 -6.2 294.2 292.4 1.8 298.9 298.9 0.1 299.6 290.5 9,1 298.8 290.2 8.6 275.1 277.6 -2.5 265.0 278.7 13.7 273.4 276.3 -2.9 10 11 12 368.4 367.2 1.2 368.2 364.5 3.7 372.5 371.6 0.8 380.4 381.7 1.3 383.0 380.8 2.2 379.6 380.9 -1.3 378.7 381.1 -2.4 377.4 385.5 8.0 393.8 391.5 2.3 390.3 387.2 3.0 398.4 390.5 7.9 402.9 395.6 7.3 396.8 398.5 -1.7 391.8 395.8 -3.9 13 661.8 666.8 674.7 679.4 684.2 686.0 690.0 688.2 693.1 693.2 697.5 698.6 697.0 699.1 14 129.4 130.5 133.2 131.2 128.3 113.6 114.3 119.6 121.9 119.2 115.7 113.4 111.9 112.5 15 16 1,439.2 1,426.3 1,437.7 1,424.0 1,446.9 1,442.1 1,445.1 1,447.4 1,444.4 1,447.0 1,404.6 1,407.1 1,410.7 1,419.2 1,433.9 1,440.1 1,459.6 1,457.2 1,458.0 1,445.9 1,471.2 1,454.7 1,453.6 1,448.8 1,433.8 1,449.2 1,441.2 1,448.1 Addenda: Gross domestic purchases 2 Final sales to domestic purchasers 2... 1 Prior to 1959, inventories held by construction establishments are included in line 12. Gross domestic purchases equals gross national product less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 2 Table 1.5.—Gross National Product by Sector [Billions of dollars] Seasonally adjusted at annual rates 1976 Line Gross national product Gross domestic product Business Nonfarm Nonfarm less housing Housing Farm. , Statistical discrepancy ,. .. ...,,., .. Government Federal.. State and local .. ........ 1977 1981 1978 I II III IV I II 2,031.7 2,139.5 1 1,718.0 1,918.3 2,163.9 2,417.8 2,633.1 2,937.7 1,834.8 1,895.1 1,954.4 1,988.9 1,697.5 1,894.9 2,134,3 2,375.2 2,587.0 2,888.5 1,811.6 1,871.6 1,930.0 1,966.2 f -2,002.8 2,113.6 3 4 5 6 7 8 1,447.3 1,396.3 1,266.2 130.1 45.9 5.1 1,624.0 1,574.2 1,428.0 146,2 48.4 1.4 1,837.2 1,781.0 1,617.5 163.5 58.7 -2.6 2,052.1 1,982.1 1,799.0 183.1 71.6 -1.5 2,228.8 2,159.5 1,951.0 208.5 65.4 3.9 2,492.4 2,418.5 2,188.9 229.6 75.8 1.9 1,549.3 1,491.9 1,351.6 140.3 47.4 10.0 1,605.0 1,657.4 1,684.2 1,714.8 1,555.7 1,609.4 1,639.9 1,671.9 1,411.6 1,461.3 1,487.6 1,515.6 144.1 148.1 152.3 156.4 46.1 48.6 51.5 53.1 3.2 07 7 1 -10.3 55.6 5.4 50.3 60.5 5.9 54.6 67.8 6.2 61.5 75.6 6.5 69.1 85.4 6.6 78.8 96.4 7.0 89.4 58.2 5.8 52.5 59.4 5.8 53.5 61.2 6.1 55.1 63.4 6.1 57.3 194.6 62.4 132.3 210.3 66.3 144.0 229.3 71.7 157.6 247.4 75.7 171.8 272.8 82.9 189.9 299.7 92.3 207.4 204.1 65.1 139.0 207.3 65.3 142.0 211.3 65.6 145.7 15 20.5 23.5 29.6 42.6 46.1 49.2 23.2 23.5 24.5 16 1,312.7 1,472.4 1,667.7 1,861.9 2,012.0 2,253.5 12 ,....,.„ 13 14 Rest of the world 1980 2 9 10 11 Households and institutions .. Private households Nonprofit institutions 1979 1978 1977 / III IV 2,202.5 2,281.6 2,173.0 2,247.5 1,820.5 1,763.9 1,602.9 161.0 57.8 -1.3 1,873.6 1,813.9 1,648.1 165.8 60.3 06 1,939.9 1,874.3 1,703.4 170.9 63.7 1.9 65.2 6.2 59.0 66.8 6.1 60.6 68.7 6.3 62.5 70.5 6.4 64.1 218.6 69.4 149.2 222.9 70.1 152.7 226.4 70.9 155.5 230.7 71.5 159.2 237.2 74.4 162.8 22.7 28.9 25.9 29.5 34.1 Addendum: Gross domestic business product less housing Seasonally adjusted at annual rates 1979 _ Line Gross national product... Gross domestic product Business Nonfarm , Nonfarm less housing, Housing ,. Farm Statistical discrepancy... ,...., ,. Households and institutions Private households.. Nonprofit institutions , ... Government . ... Federal State and local ,, Rest of the world...... , 1980 II III IV I II III IV I II III IV I II 1 2,335.5 2,377.9 2,454.8 2,502.9 2,575.9 2,573.4 2,643.7 2,739.4 2,864.9 2,901.8 2,980.9 3,003.2 2,995.5 3,047.4 2 2,299.0 2,337.7 2,408.2 2,455.9 2,527.2 2,526.6 2,597.8 2,696.5 2,817.9 2,855.2 2,931.2 2,949.8 2,949.6 2,999.2 3 4 5 6 7 8 1,985.9 1,921.2 1,745.8 175.4 70.4 57 2,019.5 1,955.6 1,775.6 180.0 73.1 92 2,083.0 2,009.3 1,823.9 185.4 71.6 2.2 2,120.2 2,042.2 1,850.6 191.6 71.2 6.8 2,183.3 2,106.4 1,908.2 198.3 66.3 10.5 2,173.7 2,108.6 1,903.2 205.4 61.2 3.8 2,237.2 2,168.0 1,955.8 212.2 67.0 2.2 2,321.1 2,255.2 2,037.0 218.2 66.9 -1.0 2,433.4 2,357.5 2,134.9 222.6 70.8 5.1 2,463.9 2,394.6 2,167.8 226.8 73.9 -4.6 2,533.9 2,454.7 2,223.0 231.7 80.1 08 2,538.6 2,467.4 2,229.9 237.4 78.4 72 2,530.6 2,465.1 2,222.8 242.3 72.9 -7.5 2,573.6 2,507.0 2,260.6 246.3 74.0 -7.5 9 10 11 72.5 6.4 66.1 74.2 6.2 68.0 76.8 6.7 70.1 79.0 6.6 72.4 81.5 6.6 74.9 84.0 6.5 77.4 86.5 6.5 80.0 89.7 6.7 83.0 92.9 7.0 85.9 95.2 7.0 88.2 97.1 7.1 90.1 100.3 7.1 93.3 103.3 7.1 96.2 105.3 7.1 98.1 12 13 14 240.6 74.5 166.1 244.0 74.6 169.5 248.5 74.8 173.7 256.7 78.9 177.8 262.4 79.8 182.7 269.0 81.4 187.6 274.0 81.6 192.4 285.8 88.7 197.0 291.6 89.9 201.7 296.2 90.5 205.6 300.1 91.0 209.2 310.9 97.9 213.0 315.8 98.6 217.1 320.4 99.0 221.4 15 36.5 40.2 46.6 47.0 48.7 46.8 45.9 42.9 47.1 46.6 49.7 53.3 45.8 48.2 Addendum: Gross domestic business product less housing...... 16 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 1982 1981 I 26 SURVEY OF CURRENT BUSINESS July Table 1.6.—Gross National Product by Sector in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1977 1981 I Gross national product Gross domestic product , Business Nonfarin , Nonfarm less housing Housing Farm Statistical discrepancy •• , Households and institutions .< Nonprofit institutions Government... Federal State and local .. Rest of the world 1978 I III IV 1,385.8 1,388.4 II II III IV 1 1,298.2 1,369.7 1,438.6 1,479.4 1,474.0 1,502.6 1,341.3 1,363.3 2 1,282.6 1,352.8 1,418.7 1,453.2 1,447.9 1,477.2 1,324.2 1,346.2 1,368.3 1,372.5 1,379.9 1,419.4 1,429.2 1,446.3 3 4 5 6 7 8 1,095.4 1,059.5 952.5 107.0 32.1 3.8 1,163.7 1,129.5 1,016.0 113.5 33.1 1.0 1,224.3 1,193.5 1,074.8 118.7 32.6 18 1,255.6 1,222.4 1,098.5 123.9 34.2 -1.0 1,246.7 1,210.3 1,080.7 129.6 34.2 2.2 1,274.3 1,136.7 1,158.4 1,178.5 1,181.0 1,186.9 1,225.3 1,234.1 1,250.8 1,236.8 1,097.1 1,124.4 1,144.1 1,152.3 1,160.1 1,194.2 1,201.9 1,217.6 1,105.5 985.6 1,011.8 1,030.0 1,036.7 1,043.4 1,076.3 1,082.5 1,096.8 131.4 114.1 115.7 116.7 111.5 112.6 117.9 119.5 120.8 38.4 32.3 31.7 34.9 33.6 34.0 32.0 32.6 31.9 -0.9 7.3 -5.0 2.3 -0.5 -7.1 -0.9 -0.4 1.3 9 10 11 40.9 3.7 37.2 41.5 3.8 37.6 43.3 3.8 39.5 44.6 3.6 41.0 45.8 3.4 42.4 46.9 3.3 43.6 40.6 3.7 36.9 40.9 3.8 37.2 41.7 3.9 37.8 42.6 3.9 38.7 42.8 3.9 38.9 43.1 3.7 39.4 43.4 3.7 39.7 43.7 3.7 40.0 12 13 14 146.3 48.5 97.8 147.7 48.6 99.1 151.2 49.3 101.9 153.0 49.0 104.1 155.4 49.5 105.9 156.0 49.7 106.3 146.8 48.5 98.3 147.0 48.5 98.4 148.0 48.7 99.3 148.9 48.8 100.1 150.2 49.0 101.2 151.0 49.3 101.7 151.6 49.5 102.2 151.8 49.2 102.5 15 15.6 16.9 19.9 26.3 26.1 25.4 17.1 17.0 17.5 16.0 20.1 17.6 19.6 22.2 16 986.1 1,048.1 1,103.5 1,129.8 1,115.4 1,141.4 1,400.0 1,437.0 1,448.8 1,468.4 Addendum: Gross domestic business product less housing Seasonally adjusted at annual rates 1979 Line Gross national product Gross domestic product Business Nonfarin , Nonfarm less housing Housing Farm , Statistical discrepancy- ..... 1980 1981 1982 I II III IV I II III IV I II III IV I 1 1,472.6 1,469.2 1,486.6 1,489.3 1,494.9 1,457.8 1,463.8 1,479.4 1,507.8 1,502.2 1,510.4 1,490.1 1,470.7 1,476.8 2 1,449.3 1,444.1 1,458.1 1,461.1 1,466.4 1,431.0 1,438.1 1,456.0 1,482.8 1,477.8 1,485.0 1,463.3 1,448.0 1,453.3 3 4 5 6 7 8 1,253.1 1,223.7 1,101.4 122.3 33.0 -3.6 1,246.9 1,218.0 1,094.5 123.5 34.7 -5.7 1,259.8 1,224.1 1,099.8 124.4 34.4 1.3 1,262.4 1,223.7 1,098.3 125.4 34.7 4.0 1,266.6 1,224.9 1,097.6 127.4 35.6 6.1 1,230.0 1,192.6 1,063.2 129.4 35.3 2.1 1,236.2 1,200.9 1,070.4 130.6 34.0 1.2 1,254.0 1,222.6 1,091.5 131.1 32.0 -0.5 1,279.7 1,242.9 1,111.6 131.3 34.1 2.7 1,274.8 1,240.9 1,109.6 131.3 36.3 -2.4 1,282.4 1,241.9 1,110.6 131.3 40.9 -0.4 1,260.2 1,221.5 1,089.9 131.6 42.3 -3.6 1,244.4 1,210.0 1,077.9 132.0 38.1 37 1,249.7 1,215.3 1,082.9 132.4 38.0 -3.6 II Households and institutions ..... Private households .(.. Nonprofit institutions 9 10 11 44.0 3.6 40.4 44.4 3.5 40.9 45.0 3.7 41.3 45.0 3.6 41.4 45.3 3.4 41.9 45.4 3.4 42.0 46.0 3.3 42.7 46.4 3.3 43.0 46.8 3.4 43.4 46.7 3.3 43.4 46.7 3.3 43.5 47.4 3.2 44.1 47.8 3.1 44.7 48.0 3.1 44.9 Government... Federal State and local 12 13 14 152.3 49.0 103.2 152.8 49.0 103.9 153.3 49.0 104.4 153.7 48.8 104.9 154.4 49.0 105.4 155.6 49.8 105.8 155.9 49.8 106.1 155.7 49.4 106.3 156.3 49.6 106.8 156.2 49.7 106.5 155.9 49.8 106.1 155.8 49.8 106.0 155.7 49.8 106.0 155.6 49.8 105.8 15 23.3 25.1 28.5 28.3 28.6 26.8 25.7 23.4 25.0 24,4 25.4 26.7 22.7 23.5 Rest of the world Addendum: Gross domestic business product less housing 16 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 1.7.-—Relation of Gross National Product, Net National Product, National Income, and Personal Income Billions of dollars, seasonally adjusted at annual rates Millions of dollars Line Gross national product .. .. 1 Less: Capital consumption allowances with capital 2 consumption adjustment. Capital consumption allowances without capi- 3 tal consumption adjustment. 4 Less* Capital consumption adjustment Equals: Net national product ...... 5 1976 1977 1978 1979 1980 1981 1978 1977 I II 1,718,018 1,918,324 2,163,863 2,417,759 2,633,108 2,937,716 1,834.8 III IV I II III 1,895.1 1,954.4 1,988.9 2,031.7 2,139.5 2,202.5 2,281.6 175,018 195,172 222,476 256,042 293,204 330,096 186.4 192.6 196.9 204.8 209.9 217.9 226.7 139,181 157,382 177,925 203,560 231,983 267,472 149.6 155.1 160.0 164.8 169.8 175.1 180.2 -35,837 -37,790 -44,551 -52,482 -61,221 -62,624 -37.5 -36.8 -42.8 -46.6 -36.8 IV -40.1 -40.1 1,543,000 1,723,152 1,941,387 2,161,717 2,339,904 2,607,620 1,648.4 1,702.6 1,757.6 1,784.0 1,821.9 235.4 186.6 -48.8 1,921.6 1,975.8 2,046.3 6 7 8 151,718 7,920 5,102 165,740 8,608 1,350 178,162 9,252 2556 189,578 10,269 1487 213,004 11,390 3,904 251,292 12,395 1883 160.6 8.4 10.0 163.7 8.5 3.2 167.7 8.7 07 171.0 8.9 71 174.4 9.0 103 180.3 9.1 13 176.8 9.3 06 181.1 9.6 1.9 Plus: Subsidies less current surplus of government 9 enterprises. 973 3,056 3,748 3,353 5,478 6,647 1.6 1.1 2.7 6.8 4.6 3.8 1.8 4.8 Less: Indirect business tax and nontax liability Business transfer payments ......... Statistical discrepancy Equals* National income . 10 1,379,233 1,550,510 1,760,277 1,966,710 2,117,084 2,352,463 1,471.0 1,528.3 1,584.6 1,618.1 1,653.4 1,737.2 1,792.0 1,858.4 Less: Corporate profits with inventory valuation and 11 capital consumption adjustments. 12 13 Contributions for social insurance •• 14 Wage accruals less disbursements 138,097 167,259 192,382 194,794 181,619 190,630 148.2 167.0 182.5 171.4 167.9 193.7 199.5 208.5 87,225 126,029 0 102,520 140,580 0 121,672 161,840 221 153,773 186,898 -181 187,699 203,983 40 235,653 238,120 42 96.1 135.9 0.0 100.6 139.1 0.0 105.0 142.0 0. 108.4 145.4 0.0 112.2 155.1 0.0 117.2 159.9 0.0 124.2 163.7 0.5 133.0 168.7 0.4 Plus* Government transfer payments to persons Personal interest income , Personal dividend income 15 16 17 18 186,353 132,523 36,514 7,920 199,289 152,797 39,562 8,608 214,592 179,357 45,310 9,252 239,991 218,727 50,757 10,269 285,847 263,421 55,920 11,390 323,939 328,982 62,510 12,395 194.4 144.2 39.1 8.4 195.2 150.2 39.0 8.5 201.8 155.7 39.7 8.7 205.8 161.1 40.5 8.9 208.7 166.4 42.5 9.0 209.8 173.3 44.1 9.1 218.3 183.7 46.3 9.3 221.6 194.1 48.3 9.6 Equals' Personal income 19 1,391,192 1,540,407 1,732,673 1,951,170 2,160,401 2,415,844 1,476.9 1,514.5 1,561.1 1,609.2 1,644.9 1,702.7 1,761.8 1,821.3 27 SURVEY OF CURRENT BUSINESS July Table 1.7.—Relation of Gross National Product, Net National Product, National Income, and Personal Income—Continued [Millions of dollars] Billions of dollars, seasonally adjusted at annual rates 1980 1979 Line 1982 1981 I II III IV I II III IV I II III IV I II 1 2,335.5 2,377.9 2,454.8 2,502.9 2,575.9 2,573.4 2,643.7 2,739.4 2,864.9 2,901.8 2,980.9 3,003.2 2,995.5 3,047.4 Less: Capital consumption allowances with capital 2 consumption adjustment. Capital consumption allowances without capi- 3 tal consumption adjustment. 4 242.2 251.4 261.6 268.9 278.4 289.2 298.6 306.6 315.4 325.0 335.2 344.8 348.7 354.6 192.8 200,4 207.9 213.1 221.4 228.7 234.9 242.9 253.2 262.2 271.9 282.6 293.4 305.1 49 5 51 0 53 7 57 1 60 5 63 7 637 -62.3 -62.8 -63.2 -62.2 -55.3 -49.6 , 5 2,093.2 2,126.4 2,193.2 2,234.0 2,297.5 2,284.3 2,345.0 2,432.9 2,549.5 2,576.8 2,645.8 2,658.4 2,646.7 2,692.7 6 7 8 184.4 9.8 -5.7 187.6 10.1 -9.2 190.9 10.4 2.2 195.5 10.7 6.8 200.1 11.0 10.5 206.7 11.3 3.8 216.3 11.5 2.2 228.9 11.8 -1.0 244.6 12.0 5.1 252.0 12.2 -4.6 253.3 12.5 -0.8 255.3 12.8 -7.2 250.2 13.1 -7.5 257.7 13.5 Plus: Subsidies less current surplus of government 9 enterprises. 2.7 3.3 3.9 3.5 3.8 4.7 7.4 6.0 5.8 7.2 6.5 7.0 6.0 4.7 10 1,907.4 1,941.3 1,993.6 2,024.5 2,079.7 2,067.2 2,122.3 2,199.2 2,293.7 2,324.4 2,387.3 2,404.5 2,396.9 Less: Corporate profits with inventory valuation and 11 capital consumption adjustments. 12 Net interest , Contributions for social insurance 13 Wage accruals less disbursements 14 201.3 197.2 197.5 183.1 195.3 172.2 177.8 181.2 200.3 185.1 193.1 183.9 157.1 167.0 142.5 182.0 0.1 148.1 184.5 -0.9 158.1 188.6 01 166.4 192.5 0.2 175.7 199.4 -0.2 181.6 200.5 0.0 190.4 204.6 0.5 203.0 211.3 05 217.6 232.5 0.0 231.6 236.2 0.0 244.0 240.3 0.2 249.5 243.5 -0.1 258.7 250.8 -0.2 267.3 252.9 0.0 Gross national product Equals: Net national product ,...,. .., Less: Indirect business tax and nontax liability Business transfer payments .. Statistical discrepancy Equals: National income ........... , . -55.7 Plus: Government transfer payments to persons Personal interest income Personal dividend income Business transfer payments 15 16 17 18 226.4 204.1 50.0 9.8 231.8 211.9 50.5 10.1 247.6 223.7 50.6 10.4 254.2 235.3 51.9 10.7 263.2 249.1 54.1 11.0 271.9 258.0 55.7 11.3 301.8 266.4 56.5 11.5 306.5 280.2 57.4 11.8 310.8 304.7 59.2 12.0 314.8 320.6 61.5 12.2 332.3 339.6 64.1 12.5 337.9 351.0 65.2 12.8 341.4 359.7 65.8 13.1 351.5 371.8 66.1 13.5 Equals: Personal income 19 1,871.8 1,916.6 1,981.9 2,034.4 2,086.8 2,109.6 2,185.3 2,260.0 2,330.0 2,380.6 2,458.2 2,494.6 2,510.5 2,549.5 , , Table 1.8.—Relation of Gross National Product, Net National Product, and National Income in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1980 1979 1978 1977 1981 I 1 1,298.2 1,369.7 1,438.6 1,479.4 1,474.0 Less: Capital consumption allowances with capital 2 consumption adjustment. 125.1 129.9 135.8 143.0 149.6 3 1,173.1 1,239.9 1,302.7 1,336.4 1,324.4 Less: Indirect business tax and nontax liability plus 4 business transfer payments less subsidies plus current surplus of government enterprises. 126.3 133.4 139.5 142.6 144.6 Gross national product Equals: Net national product Statistical discrepancy., ..... . , Equals* National income 5 3.8 1.0 6 1,043.0 1,105.4 1.0 2.2 1,194.8 1,177.6 -1.8 1,165.0 1,502.6 1,341.3 155.6 -0.9 III 129.7 I IV 1,363.3 1,385.8 127.7 1,347.0 1,213.6 147.2 1978 II 1,388.4 130.3 132.8 7.3 2.3 133.8 135.5 -0.5 -5.0 1,200.8 1,074.5 1,098.6 1,122.2 1,126.1 III IV 1,400.0 1,437.0 1,448.8 1,468.4 131.8 1,233.6 1,255.5 1,256.7 131.7 II 133.3 135.0 136.6 138.4 1,266.7 1,302.0 1,312.2 1,330.0 136.8 139.3 -7.1 1,137.0 140.5 141.5 09 04 1.3 1,163.6 1,172.1 1,187.3 Seasonally adjusted at annual rates 1979 Line 1980 1981 1982 I II III IV I II III IV I II III IV I II .. 1 1,472.6 1,469.2 1,486.6 1,489.3 1,494.9 1,457.8 1,463.8 1,479.4 1,507.8 1,502.2 1,510.4 1,490.1 1,470.7 1,476.8 Less: Capital consumption allowances with capital 2 consumption adjustment. 140.1 142.4 144.4 145.3 147.3 149.0 150.3 151.8 153.4 154.9 156.3 157.8 159.3 160.8 ,. 3 1,332.5 1,326.7 1,342.3 1,344.0 1,347.6 1,308.8 1,313.5 1,327.6 1,354.4 1,347.3 1,354.1 1,332.2 1,311.4 1,316.0 142.3 141.5 142.8 143.7 143.7 143.0 144.6 147.1 147.5 147.2 147.5 146.6 146.5 148.7 Gross national product Equals: Net national product . ... Less: Indirect business tax and nontax liability plus 4 business transfer payments less subsidies plus current surplus of government enterprises. Statistical discrepancy ... 5 -3.6 Equals: National income ..... 6 1,193.8 -5.7 1,190.9 1.3 4.0 6.1 2.1 1,2 -0.5 2.7 24 1,198.2 1,196.3 1,197.8 1,163.7 1,167.7 1,181.1 1,204.3 1,202.6 -0.4 1,207.0 36 -3.7 1,189.2 1,168.5 28 SURVEY OF CURRENT BUSINESS July Table 1.9.—Net National Product and National Income by Sector [Billions of dollars] Net national product ,. Net domestic product Business Nonfarm Nonfarm less housing Housing Farm Statistical discrepancy ., , 1977 1976 Line 1978 1979 1980 1981 1 1,543.0 1,723.2 1,941.4 2,161.7 2,339.9 2,607.6 2 1 522 5 1 699 7 1 911 8 2 119 1 2 293 8 2,558 4 3 1 272 3 14288 16147 17961 19356 21623 4 5 6 7 8 1 232 4 1,136.6 95.8 13916 1,284.2 107.5 1 572.8 1,454.3 118.5 17423 1,611.7 1307 18852 1,735.4 149.8 553 465 3.9 21093 1,943.7 165.6 55.0 348 5.1 358 1.4 445 -2.6 -1.5 1.9 9 10 556 605 678 756 854 964 194.6 210.3 229.3 247.4 272.8 299.7 11 20.5 23.5 29.6 42.6 46.1 49.2 12 1,379.2 1,550.5 1,760.3 1,966.7 2,117.1 2,352.5 13 1,358.8 1,527.0 1,730.7 1,924.1 2,071.0 2,303.3 14 1,108.5 1,256.2 1,433.6 1,601 1 1,712.8 1,907.2 ...,,, 15 16 17 18 1,075.8 1,010 0 65.8 32.7 1,221.5 1,147.0 74.5 34.6 1,389.2 1,303.5 85.7 44.4 1,547.7 1,449.3 98.4 53.4 1,668.4 1,552.1 116.2 44.4 1,854.0 1,724.5 129.5 53.2 19 20 55.6 194.6 60.5 210.3 67.8 229.3 75.6 247.4 85.4 272.8 96.4 299.7 21 20,5 23.5 29.6 42.6 46.1 49.2 Net domestic business product less 22 housing. Domestic business income less housing.. 23 1,172.5 1,317.5 1,492.0 1,660.2 1,779.6 1,989.6 1,039.0 1,178.1 1,343.9 1,497.8 1,590.7 1,770.9 Households and institutions Government ., Rest of the world National income Domestic income Business .. . Nonfarm Nonfarm less housing Housing.... . Farm Households and institutions... Government Rest of the world , Addenda: Table 1.11.—National Income by Type of Income Millions of dollars Billions of dollars, seasonally adjusted at annual rates Line 1977 1976 1977 1978 1979 1980 1981 1978 I II III IV I II III IV National income 1 1,379,233 1,550,510 1,760,277 1,966,710 2,117,084 2,352,463 1,471.0 1,528.3 1,584.6 1,618.1 1,653.4 1,737.2 1,792.0 1,858.4 Compensation of employees 2 1,036,334 1,152,061 1,301,081 1,458,139 1,598,627 1,767,602 1,101.1 1,136.0 1,167.8 1,203.4 1,237.2 1,283.2 1,320.4 1,363.6 Wages and salaries Government and government enterprises Other . 3 4 5 889,925 188,684 701,241 983,159 202,364 780,795 1,106,480 219,726 886,754 1,237,436 236,004 1,001,432 1,356,084 260,148 1,095,936 1,493,964 283,106 1,210,858 940.1 196.5 743.6 969.9 199.5 770.4 996.3 203.4 792.9 1,026.3 210.0 816.3 1,051.2 213.8 837.5 1,091.0 217.0 874.0 1,123.2 221.1 902.1 1,160.4 227.0 933.5 Supplements to wages and salaries... Employer contributions for social insurance...... Other labor income 6 7 8 146,409 70,544 75,865 168,902 79,467 89,435 194,601 92,071 102,530 220,703 105,791 114,912 242,543 115,297 127,246 273,638 133,219 140,419 160.9 76.6 84.3 166.1 78.6 87.6 171.5 80.2 91.3 177.1 82.5 94.6 185.9 88.0 97.9 192.1 90.8 101.3 197.2 93.1 104.1 203.2 96.4 106.8 Proprietors' income with inventory valuation and capital consumption adjustments. 9 94,072 103,854 118,542 132,095 116,267 124,700 100.8 100.3 103.9 110.4 111.1 118.1 120.1 124.8 Farm 10 Proprietors' income with inventory valuation ad- 11 justment. 12 Capital consumption adjustment 19,089 22,780 19,056 23,346 26,307 31,257 31,925 37,780 19,391 26,417 23,955 31,815 19.4 23.4 16.4 20.6 17.6 22.0 22.8 27.4 22.9 27.6 25.8 30.7 26.5 31.6 30.0 35.3 3,691 -4,290 -4,950 5,855 -7,026 -7,860 -4.0 -4.2 -4.4 -4.6 50 53 13 14 15 16 74,983 77,068 -1,194 891 84,798 86,768 -1,203 767 92,235 94,888 -1,974 679 100,170 103,186 -2,907 109 96,876 99,900 -3,098 74 100,745 100,276 1 589 2,058 81.4 83.9 -1.7 -0.8 83.9 85.5 -0.9 -0.7 86.3 87.9 -0.9 07 87.6 89.8 -1.3 09 88.2 90.4 15 07 92.3 95.0 20 07 93.6 96.4 20 07 94.8 97.8 23 -0.6 17 23,505 24,816 26,600 27,909 32,872 33,878 24.8 24.4 25.5 24.5 25.2 25.0 27.8 28.4 18 19 39,150 -15,645 43,963 19147 50,007 -23,407 56,232 -28,323 65,253 32381 69,398 -35,520 42.4 -17.5 43.2 -18.8 44.6 -19.1 45.6 21 1 46.3 21 1 47.8 22 8 51.9 24 1 54.0 -25.6 Corporate profits with inventory valuation and capi- 20 tal consumption adjustments. 138,097 167,259 192,382 194,794 181,619 190,630 148.2 167.0 182.5 171.4 167.9 193.7 199.5 208.5 Corporate profits with inventory valuation adjust- 21 ment. 151,636 178,529 205,107 209,566 199,449 207,462 160.4 178.4 192.7 182.6 178.9 205.5 213.3 222.7 22 23 24 25 26 166,315 63,844 102,471 37,356 65,115 194,712 72,699 122,013 40,818 81,195 229,118 83,238 145,880 46,981 98,899 252,676 87,597 165,079 52,670 112,409 242,446 84,652 157,794 58,066 99,728 232,076 81,175 150,901 65,097 85,804 182.6 67.8 114.9 40.1 74.8 193.8 72.5 121.3 40.2 81.1 201.8 75.2 126.6 41.1 85.6 200.6 75.3 125.3 41.9 83.3 199.7 70.2 129.6 44.2 85.4 228.4 84.3 144.1 45.7 98.4 236.6 86.6 149.9 48.0 101.9 251.8 91.9 159.9 50.0 109.8 27 -14,679 16183 -24,011 -43,110 -42,997 -24,614 -22.2 -15.4 28 -13,539 -11,270 -12,725 -14,772 -17,830 -16,832 -12.2 -11.4 29 87,225 102,520 121,672 153,773 187,699 235,653 96.1 100.6 Corporate profits after tax with inventory valuation 30 and capital consumption adjustments. Dividends . 31 Undistributed profits with inventory valuation 32 and capital consumption adjustments. 74,253 94,560 109,144 107,197 96,967 1,09,455 80.4 37,356 36,897 40,818 53,742 46,981 62,163 52,670 54,527 58,066 38,901 65,097 44,358 40.1 40.3 Nonfarm.. .. ... Proprietors' income Inventory valuation adjustment Rental income of persons with capital consumption adjustment. Rental income of persons Capital consumption adjustment Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits Inventory valuation adjustment Capital consumption adjustment Net interest , 91 -4.7 18 0 209 112 11 0 105.0 108.4 112.2 94.5 107.2 96.1 40.2 54.3 41.1 66.2 41.9 54.1 -10.3 -4.8 -22.9 11 8 -23.3 29 0 13 8 14 2 117.2 124.2 133.0 97.7 109.4 112.8 116.6 44.2 53.6 45.7 63.7 48.0 64.8 50.0 66.6 Addenda: 29 SURVEY OF CURRENT BUSINESS July Table 1.10.—Net National Product and National Income by Sector in Constant Dollars [Billions of 1972 dollars] 1976 Line 1978 1977 1980 1979 1981 1 1 173 1 1 239 9 1,302 7 1 3364 1 3244 1,347.0 2 1,157.5 1,223.0 1,282.9 1,310.1 1,298.3 1,321.6 3 970.3 1,033.8 1,088.5 1,112.5 1,097.1 1,118.7 4 5 6 7 8 9422 8597 825 243 3.8 1 007 7 919.5 88.2 251 1.0 10660 973.4 926 242 18 10880 991.3 96.8 255 -1.0 1,069 7 967.9 101.8 252 2.2 1,090.4 987.4 103.0 29.2 -0.9 ,. 9 10 40.9 146.3 41.5 147.7 43.3 1512 44.6 153.0 45.8 155.4 46.9 156.0 , 11 15.6 16.9 19.9 26.3 26.1 25.4 12 1 043 0 1 1054 1 1650 1 1948 1 177.6 1,200.8 13 1,027.4 1 0885 1 1452 1 1685 1,151.5 1,175.4 14 8402 8993 9507 9709 950.3 972.5 15 16 ... 17 18 8141 7584 55.7 261 8725 8128 59.7 26.8 9245 8618 62.7 262 943.4 8778 65.5 27.6 922.7 8537 68.9 27.6 941.2 8714 69.7 31.3 19 20 40.9 1463 41.5 1477 433 1512 44.6 1530 45.8 1554 46.9 156.0 21 15.6 16.9 19.9 26.3 26.1 25.4 Net domestic business product less 22 housing. Domestic business income less housing.. 23 885.9 944.4 994.8 1,014.8 994.5 1,015.1 782.7 838.5 887.0 904.5 880.6 902.2 Net nationsl product Net domestic product . Nonfarm Nonfarm l6ss housing Housing .. Farm Statistical discrepancy ... . . . . Households and institutions... Government Rest of the world National income Domestic income Business . > Nonfarni ....... ... Nonfarni less housing Housing... Farm .. ,. ..... , Households and institutions Government Rest of the world . .. Addenda: Table 1.11.—National Income by Type of Income—Continued Billions of dollars, seasonally adjusted at annual rates 1979 Line I 1981 1980 1982 II III IV I II III IV I II III IV I 2,293.7 2,324.4 2,387.3 2,404.5 2,396.9 II 1 1,907.4 1,941.3 1,993.6 2,024.5 2,079.7 2,067.2 2,122.3 2,199.2 2 1,406.5 1,434.9 1,477.6 1,513.6 1,555.2 1,571.7 1,604.9 1,662.8 1,718.0 1,750.0 1,789.1 1,813.4 1,830.8 1,849.9 Wages and salaries Government and government enterprises Other .. .. ,.,. , 3 4 5 1,193.3 229.6 963.8 1,217.3 232.8 984.5 1,254.4 237.0 1,017.4 1,284.7 244.6 1,040.1 1,319.5 250.3 1,069.3 1,332.1 256.6 1,075.5 1,361.0 261.6 1,099.4 1,411.7 272.2 1,139.5 1,452.8 276.2 1,176.5 1,479.4 279.8 1,199.6 1,512.6 284.0 1,228.6 1,531.1 292.3 1,238.8 1,541.5 296.3 1,245.2 1,555.9 300.1 1,255.8 Supplements to wages and salaries. ... Employer contributions for social insurance Other labor income .,, ., 6 7 8 213.1 103.0 110.2 217.6 104.4 113.2 223.2 106.6 116.5 228.9 109.2 119.7 235.7 112.5 123.2 239.6 113.7 125.9 243.9 115.5 128.4 251.0 119.5 181.5 265.2 129.9 135.3 270.6 132.1 138.4 276.5 134.3 142.2 282.3 136.5 145.8 289.3 140.2 149.1 294.1 141.6 152.5 Proprietors' income with inventory valuation and 9 capital consumption adjustments. 128.9 134.1 133.3 132.2 122.7 108.9 115.5 118.0 123.4 123.8 127.5 124.1 116.4 115.3 32.5 38.0 35.1 40.8 30.6 36.6 29.5 35.7 22.1 28.7 15.9 22.9 20.3 27.5 19.2 26.5 21.6 29.1 22.5 30.3 27.1 35.1 24.6 32.8 17.8 26.0 15.3 23.5 National income.. ., .. Compensation of employees ..., 10 Farm Proprietors' income with inventory valuation ad- 11 justment. 12 57 60 -6.3 -6.6 73 75 -7.8 -8.0 -8.2 -8.2 -8.2 13 14 15 16 96.4 99.3 -2.7 02 99.0 101.7 -2.7 -0.1 102.6 105.6 -2.9 01 102.7 106.1 -3.3 -0.1 100.5 104.9 -4.3 0.0 93.0 95.1 -2.0 02 95.1 98.2 -3.1 0.0 98.8 101.4 -3.0 0.5 101.8 103.2 -2.5 1,2 101.2 100.9 -1.4 1.8 100.4 99.3 -1.2 2.3 99.5 97.7 -1.2 3.0 98.6 93.8 0.0 4.7 100.0 93.9 -0.3 6.5 Rental income of persons with capital consumption 17 adjustment. 28,2 27.0 27.2 29.2 30.8 32.7 33.8 34.2 34.4 34.0 33.6 33.6 33.9 34.2 18 19 54.5 263 54.7 27 8 56.7 29 5 59.0 -29.8 61.8 31 0 64.8 -32.1 66.9 -33.1 67.5 -33.3 68.7 -34.3 68.9 34 9 69.5 35 9 70.5 36 9 71.0 37 1 71.5 -37.3 Corporate profits with inventory valuation and capi- 20 tal consumption adjustments. 201.3 197.2 197.5 183.1 195.3 172.2 177.8 181.2 200.3 185.1 193.1 183.9 157.1 Corporate profits with inventory valuation adjust- 21 ment. 215.6 211.4 212.2 199.2 211.0 189.4 197.0 200.4 217.6 202.6 210.3 199.4 167.2 251.4 90.1 161.2 51.8 109.5 252.7 88.2 164.5 52.4 112.1 257.4 87.8 169.6 52.6 117.0 249.2 84.2 165.0 53.9 111.0 268.2 95.3 172.9 56.2 116.7 217.6 73.3 144.3 57.8 86.4 238.1 82.2 155.9 58.7 97.3 245.9 87.8 158.1 59.6 98.5 253.1 91.5 161.6 61.5 100.1 225.4 79.2 146.2 64.0 82.2 233.3 82.4 150.8 66.8 84.0 216.5 71.6 144.9 68.1 76.9 171.6 55.8 115.9 68.8 47.0 41 1 45 5 35 5 22 8 Nonfarm Proprietors' income Inventory valuation adjustment Capital consumption adjustment .. Rental income of persons Profits before tax Profits tax liability Profits after tax l Dividends Undistributed profits Inventory valuation adjustment Capital consumption adjustment Net interest , 22 23 24 25 26 -5.5 27 -35.8 -41.4 -45.2 -50.1 28 -14.3 -14.2 147 -16.0 -57.2 70 -28.2 15 7 17 2 -7.2 -19.3 29 142.5 148.1 158.1 166.4 175.7 181.6 190.4 Corporate profits after tax with inventory valuation 30 and capital consumption adjustments. Dividends 31 Undistributed profits with inventory valuation 32 and capital consumption adjustments. 111.2 109.0 109.7 98.9 100.0 98.9 51.8 59.4 52.4 56.6 52.6 57.1 53.9 45.0 56.2 43.9 57.8 41.0 192 -17.3 17 5 23 0 69.3 -17.1 -4.4 -17.1 -15.5 -10.1 -5.9 267.3 203.0 217.6 231.6 244.0 249.5 258.7 95.6 93.3 108.9 105.9 110.7 112.3 101.3 58.7 36.9 59.6 33.7 61.5 47.3 64.0 42.0 66.8 43.9 68.1 44.3 68.8 32.5 -6.3 Addenda: 69.3 30 SURVEY OF CURRENT BUSINESS July Table 1.12.—National Income by Sector, Legal Form of Organization, and Type of Income [Millions of dollars] Line National income , Domestic business 1976 1977 1978 1980 1979 1981 1 1,379,233 1,550,510 1,760,277 1,966,710 2,117,084 2,352,463 2 1,108,496 1,256,162 1,433,602 1,601,095 1,712,783 1,907,191 833,777 694,404 1,089,293 894,928 751,813 143,115 172,654 209,390 -24,011 -12,725 21,711 1,210,908 1,015,175 852,303 162,872 164,188 222,070 -43,110 -14,772 31,545 1,298,488 1,107,283 929,236 178,047 151,311 212,138 -42,997 -17,830 1,444,755 1,224,493 1,024,750 199,743 167,804 209,250 -24,614 -16,832 52,458 Corporate business , Compensation of employees Wages and salaries Supplements to wages and salaries Corporate profits with inventory valuation and capital consumption adjustments Profits before tax Inventory valuation adjustment Capital consumption adjustment Net interest 3 4 5 6 7 8 9 10 11 105,756 123,824 152,042 -14,679 -13,539 15,549 953,096 783,000 659,688 123,312 152,110 179,563 -16,183 -11,270 17,986 Sole proprietorships and partnerships Compensation of employees Wages and salaries Supplements to wages and salaries 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 Net interest 12 13 14 15 16 17 18 19 20 21 22 23 24 171,903 63,606 57,105 6,501 92,912 19,089 22,780 -3,691 73,823 75,767 -1,194 -750 15,385 188,750 68,178 60,952 7,226 102,565 19,056 23,346 -4,290 83,509 85,322 -1,203 -610 18,007 214,578 76,098 67,896 8,202 117,078 26,307 31,257 -4,950 90,771 93,236 -1,974 -491 21,402 242,247 83,445 74,388 9,057 130,449 31,925 37,780 -5,855 98,524 101,308 -2,907 123 28,353 243,421 92,152 82,376 9,776 114,467 19,391 26,417 -7,026 95,076 97,823 -3,098 351 36,802 273,392 102,256 91,304 10,952 122,670 23,955 31,815 -7,860 98,715 97,941 -1,589 2,363 48,466 Other private business Compensation of employees Wages and salaries Supplements to wages and salaries Proprietors' income with inventory valuation and capital consumption adjustments Proprietors' income with inventory valuation adjustment Capital consumption adjustment Rental income of persons with capital consumption adjustment Rental income of persons Capital consumption adjustment Net interest 25 26 27 28 29 30 31 32 33 34 35 79,723 4,989 4,555 434 1,160 1,301 -141 23,505 39,150 -15,645 50,069 89,734 5,457 102,815 6,141 5,573 568 1,464 1,652 -188 26,600 50,007 -23,407 68,610 118,324 6,897 6,259 638 1,646 1,878 -232 27,909 56,232 -28,323 81,872 137,525 7,683 6,979 704 1,800 2,077 -277 32,872 65,253 -32,381 95,170 152,761 8,515 7,721 794 2,030 2,335 -305 33,878 -35,520 108,338 Government enterprises Compensation of employees Wages and salaries Supplements to wages and salaries 36 37 38 39 23,093 23,093 19,805 3,288 24,582 24,582 26,916 26,916 22,883 4,033 29,616 29,616 25,029 4,587 33,349 33,349 28,221 5,128 36,283 36,283 30,420 5,863 40 41 42 43 55,629 55,629 50,948 4,681 60,547 60,547 55,226 5,321 67,792 67,792 61,546 6,246 75,599 75,599 68,519 7,080 85,420 85,420 77,413 8,007 96,387 96,387 87,120 9,267 44 45 46 47 194,628 194,628 168,879 25,749 210,337 210,337 181,421 28,916 229,280 229,280 196,843 32,437 247,444 247,444 210,975 272,808 272,808 231,927 40,881 299,705 299,705 252,686 47,019 48 49 50 51 23,464 -40 15,149 8,355 29,603 -74 19,728 9,949 42,572 -37 30,606 12,003 46,073 -15 14,273 6,222 49,180 -37 22,826 26,391 Households and institutions Compensation of employees Wages and salaries Supplements to wages and salaries Government Compensation of employees Wages and salaries Supplements to wages and salaries Rest of the world Compensation of employees.. Corporate profits Net interest , „ 1,289 1,446 -157 24,816 -19,147 58,172 -68 15,833 July SURVEY OF CURRENT BUSINESS 31 Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in Current and Constant Dollars Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1981 1978 1977 II I III IV I II III IV Billions of dollars 1,177.8 1,224.1 1,246.1 1,268.4 1,342.9 1,380.0 1,428.4 Gross domestic product of corporate business.... 1 1,053.9 1,192.7 1,354.9 1,505.3 1,635.5 Capital consumption allowances with capital con- 2 sumption adjustment. 109.9 121.5 137.6 157.5 181.2 206.2 Net domestic product...., , , ....... Indirect business tax and nontax liability plus business transfer payments less subsidies. Domestic income . Compensation of employees Wages and salaries.... . ... Supplements to wages and salaries Corporate profits with inventory valuation and capital consumption adjustments. Profits before tax Profits tax liability .. . Profits after tax Dividends.. , ..... Undistributed profits . . . • 3 4 944.0 110.2 1,071.3 118.2 1,217.3 128.0 1,347.8 136.9 1,454.2 155.8 1,630.9 186.1 5 6 7 8 9 833.8 694.4 588.6 105.8 123.8 953.1. 783.0 659.7 123.3 152.1 1,089.3 894.9 751.8 143.1 172.7 1,210.9 1,015.2 852.3 162.9 164.2 1,298.5 1,107.3 929.2 178.0 151.3 1,444.8 1,224.5 1,024.8 199.7 167.8 891.6 743.5 626.5 117.0 132.9 941.3 772.5 651.2 121.3 151.7 982.0 796.1 670.6 125.5 166.3 10 11 12 13 14 15 16 17 152.0 63.8 88.2 29.1 59.1 147 -13.5 15.5 179.6 72.7 106.9 30.5 76.4 -16.2 -11.3 18.0 209.4 83.2 126.2 36.5 89.7 240 -12.7 21.7 222.1 87.6 134.5 37.6 96.9 43 1 -14.8 31.5 212.1 84.7 127.5 39.7 87.8 43 0 178 39.9 209.3 81.2 128.1 50.8 77.3 24 6 -16.8 52.5 167.3 67.8 99.5 29.9 69.6 -22.2 -12.2 15.3 178.5 72.5 106.0 29.5 76.6 -15.4 -11.4 17.1 185.7 75.2 110.5 29.9 80.6 -9.1 -10.3 19.5 186.7 75.3 111.4 32.7 78.7 -18.0 -11.2 20.1 180.2 70.2 110.0 33.8 76.3 -20.9 11 0 20.4 211.9 84.3 127.6 33.5 94.1 -22.9 118 19.8 217.1 86.6 130.4 38.0 92.4 -23.3 -13.8 21.9 228.4 91.9 136.5 40.6 95.9 -29.0 142 24.8 Gross domestic product of financial corporate 18 business. 52.5 64.3 78.8 88.5 97.8 104.8 59.5 62.7 65.8 69.3 73.1 76.2 80.9 84.8 Gross domestic product of nonfinancial corpo- 19 rate business. 1,001.3. 1,128.4 1,276.2 1,416.8 1,537.7 1,732.3 1,063.3 1,115.1 1,158.4 1,176.8 1,195.4 Capital consumption allowances with capital con- 20 sumption adjustment. 104.8 115.7 130.9 149.6 172.0 195.8 111.0 116.8 120.8 124.0 Net domestic product.., ... ... ,. ... , . Indirect business tax and nontax liability plus business transfer payments less subsidies. Domestic income , ,. Compensation of employees . ... Wages and salaries . . . Supplements to wages and salaries Corporate profits with 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 21 22 896.5 105.3 1,012.7 112.6 1,145.3 122.0 1,267.3 130.5 1,365.7 148.6 1,536.5 178.3 952.3 1,000.9 1,041.6 1,056.0 1,071.3 109.3 111.1 113.9 118.5 116.0 23 24 25 26 27 791.2 654.4 555.3 99.1 107.3 900.1 738.5 622.9 115.6 129.5 1,023.3 844.3 710.2 134.2 142.1 1,136.7 958.1 805.0 153.0 134.7 1,217.1 1,041.7 874.8 166.9 123.0 1,358.2 1,150.1 962.9 187.1 145.6 843.0 700.7 591.2 109.5 113.0 889.8 728.7 614.9 113.7 130.0 927.7 751.1 633.4 117.7 142.8 940.0 773.6 652.2 121.4 132.1 28 29 30 31 32 33 34 35 135.0 52.6 82.3 30.1 52.2 -14.7 -13.0 29.5 156.5 59.6 96.8 31.9 64.9 162 -10.8 32.1 178.4 66.9 111.5 37.7 73.8 240 123 36.9 191.8 69.2 122.5 39.8 82.8 43 1 139 43.9 183.0 64.8 118.2 42.4 75.8 43 0 -17.0 52.4 186.6 63.3 123.3 52.9 70.3 24 6 -16.3 62.5 146.9 56.0 90.9 31.2 59.7 -22.2 -11.7 29.3 156.3 59.8 96.5 31.0 65.5 -15.4 -10.9 31.1 161.7 61.7 100.0 31.4 68.6 -9.1 -9.8 33.8 160.9 60.9 100.0 34.1 65.8 -18.0 108 34.3 152.3 55.5 96.8 35.2 61.7 209 -10.7 34.9 181.3 68.3 113.0 34.9 78.2 -22.9 -11.5 36.3 184.7 69.6 115.1 39.2 75.9 -23.3 -13.4 37.3 195.2 74.2 121.1 41.6 79.4 29 0 136 39.0 809.7 814.6 817.8 847.1 852.3 867.8 Capital consumption adjustment Net interest .... , .. 1,837.1 1,122.8 116.5 119.9 122.6 126.9 130.3 134.9 140.1 145.1 1,006.3 1,058.0 1,101.5 1,119.2 1,138.1 1,208.0 1,239.9 1,283.3 127.9 116.7 124.4 129.0 130.8 114.7 119.5 121.7 114.2 997.5 1,013.7 1,079.0 1,112.0 1,152.5 910.2 845.0 882.0 942.5 819.9 765.0 793.1 708.6 740.6 690.5 136.4 141.4 145.2 149.4 129.4 177.2 185.1 180.0 157.5 148.3 1,266.6 1,299.1 1,343.5 133.2 137.9 1,138.3 1,165.9 123.0 121.9 1,205.7 124.7 128.3 952.8 1,015.4 1,043.9 1,081.0 832.2 797.1 858.6 889.4 669.2 699.6 722.6 749.4 140.0 132.6 136.1 128.0 120.7 146.9 148.0 152.6 Billions of 1972 dollars Gross domestic product of nonfinancial corpo- 36 rate business. 745.5 Capital consumption allowances with capital con- 37 sumption adjustment. Net domestic product 38 Indirect business tax and nontax liability plus busi- 39 ness transfer payments less subsidies. Domestic income , 40 74.5 77.4 81.1 85.7 90.1 94.3 76.1 77.3 77.7 78.6 79.6 80.6 81.7 82.7 671.0 82.7 718.4 87.4 765.1 91.1 790.4 92.7 770.2 93.0 787.0 94.7 691.0 86.7 714.5 86.8 732.0 87.4 736.1 88.5 738.3 89.4 766.5 90.8 770.6 91.6 785.0 92.5 588.3 631.0 674.0 697.7 677.2 692.2 604.3 627.7 644.7 647.5 648.9 675.7 679.0 692.5 795.8 846.3 876.1 860.3 881.3 767.2 791.8 32 SURVEY OF CURRENT BUSINESS July Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in Current and Constant Dollars—Continued Seasonally adjusted at annual rates 1979 Line 1980 I II III IV I II Gross domestic product of corporate business.... 1 1,464.6 1,487.8 1,524.7 1,544.1 1,594.6 1,594.9 Capital consumption allowances with capital con- 2 sumption adjustment. 149.3 154.6 160.5 165.7 171.4 3 4 1,315.3 133.2 1,333.2 135.2 1,364.2 137.9 1,378.4 141.3 5 6 7 8 9 1,182.1 977.4 820.2 157.2 177.1 1,198.0 999.1 838.4 160.7 168.2 1,226.4 1,030.9 866.0 164.9 162.7 10 11 12 13 14 15 16 17 227.1 90.1 137.0 39.3 97.6 -35.8 143 27.7 223.7 88.2 135.5 38.6 97.0 -41.4 142 30.7 Gross domestic product of financial corporate 18 business. 85.9 Gross domestic product of nonfinancial corpo- 19 rate business. Capital consumption allowances with capital con- 20 sumption adjustment. 1981 III 1982 IV I II III 1,642.8 1,709.6 1,788.9 1,818.6 1,867.8 1,873.1 1,863.1 178.3 184.8 190.4 196.2 202.9 209.7 216.0 218.9 223.3 1,423.1 145.2 1,416.6 150.6 1,458.1 158.6 1,519.2 168.6 1,592.7 180.8 1,615.7 186.9 1,658.1 187,8 1,657.1 189.1 1,644.2 184.0 189.8 1,237.1 1,053.3 884.6 168.7 148.8 1,278.0 1,082.5 908.7 173.8 160.2 1,266.0 1,087.9 911.9 176.0 140.6 1,299.4 1,109.8 931.0 178.8 148.2 1,350.6 1,149.0 965.4 183.6 156.3 1,411.9 1,190.4 996.2 194.2 176.5 1,428.8 1,213.5 1,015.7 197.8 164.3 1,470.3 1,242.5 1,040.5 202.1 172.2 1,468.0 1,251.5 1,046.6 204.9 158.3 1,460.2 1,259.5 1,049.7 209.8 140.2 1,270.1 1,057.3 212.8 222.6 87,8 134.8 35.1 99.6 -45.2 -14.7 32.8 214.9 84.2 130.6 37.2 93.4 -50.1 160 35.1 233.1 95.3 137.8 36.0 101.8 -57.2 157 35.2 186.0 73.3 112.6 39.7 72.9 -28.2 -17.2 37.5 208.5 82.2 126.4 40.7 85.6 41.1 -19.3 41.5 221.0 87.8 133.2 42.2 90.9 455 -19.2 45.3 229.3 91.5 137.8 46.8 91.0 -35.5 -17.3 44.9 204.6 79.2 125.4 48.9 76.4 -22.8 -17.5 51.0 212.3 82.4 129.8 52.7 77.1 -23.0 -17.1 55.6 190.9 71.6 119.3 54.6 64.7 -17.1 15 5 58.3 154.7 55.8 99.0 56.0 42.9 -4.4 10 1 60.5 88.0 88.6 91.4 93.5 95.2 99.3 103.1 105.6 103.6 104.2 106.0 106.6 1,378.7 1,399.8 1,436.1 1,452.7 1,501.1 1,499.7 1,543.6 1,606.5 1,683.3 1,715.0 1,763.6 1,767.2 1,756.6 141.8 146.8 152.4 157.2 162.7 169.3 175.4 180.8 186.3 192.6 199.1 205.1 207.8 212.0 21 22 1,236.9 127.0 1,253.0 129.0 1,283.7 .131.5 1,295.5 134.8 1,338.4 138.4 1,330.5 143.5 1,368.2 151.3 1,425.7 161.0 1,497.0 172.9 1,522.4 179.0 1,564.5 179.9 1,562,0 181.3 1,548.8 176.3 181.9 23 24 25 26 27 1,109.9 923.0 775.2 147.8 146.3 1,124.0 943.1 792.1 151.0 139.0 1,152.3 972.9 818.0 154.9 133.9 1,160.7 993.3 834.9 158.4 119.6 1,200.0 1,020.6 857.3 163.3 129.6 1,186.9 1,023.6 858.4 165.1 112.8 1,216.9 1,043.2 875.7 167.5 121.8 1,264.7 1,079.6 907.8 171.8 127.7 1,324.0 1,118.6 936.6 182.1 150.4 1,343.4 1,140.0 954.7 185.4 142.1 1,384.5 1,167.0 977.7 189.3 151.8 1,380.8 1,174.5 982.7 191.9 138.2 1,372.4 1,181.6 985.3 196.4 120.3 28 29 30 31 32 33 34 35 195.7 71.7 124.0 41.0 83.0 -35.8 -13.5 40.5 193.7 70.2 123.5 40.6 82.9 414 -13.3 41.9 192.9 69.6 123.2 37.8 85.5 452 -13.7 45.4 184.8 65.4 119.3 39.8 79.6 -50.1 -15.1 47.8 201.6 74.3 127.3 38.3 89.0 572 -14.8 49.8 157.4 53.5 103.9 42.7 61.2 -28.2 163 50.5 181.3 63.6 117.7 43.5 74.2 -41.1 184 51.8 191.6 67.8 123.8 44.9 78.9 -45.5 -18.4 57.5 202.5 71.5 131.0 49.4 81.6 -35.5 -16.6 55.0 181.8 61.4 120.4 51.2 69.2 -22.8 169 61.2 191.5 65.5 126.0 54.4 71.6 -23.0 167 65.7 170.5 54.8 115.7 56.7 58.9 -17.1 151 68.1 134.8 38.9 95.8 58.0 37,8 -4.4 -10.0 70.5 867.4 883.0 884.2 887.5 870.4 858.8 I IV II Billions of dollars Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies. Domestic income .-. „,.„,.,.. .. ... .. Compensation of employees Wages and salaries ,. Supplements to wages and salaries . ... Corporate profits with inventory valuation and capital consumption adjustments. Profits before tax . .. Profits tax liability Profits after tax Dividends ... Undistributed profits Inventory valuation adjustment,., ,..,...„... Net interest. , ,,..„...., Net domestic product ,„, Indirect business tax and nontax liability plus business transfer payments less subsidies. Domestic income .... . . . . . Compensation of employees Wages and salaries... Supplements to wages and salaries Corporate profits with 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 ,.„ , 59.2 -6.3 -5.9 62.4 1,190.0 991.0 198.9 61.0 -6.3 72.6 Billions of 1972 dollars Gross domestic product of nonfinancial corpo- 36 rate business. Capital consumption allowances with capital consumption adjustment. Net domestic product , . . Indirect business tax and nontax liability plus business transfer payments less subsidies. Domestic income 876.8 873.8 878.9 874.7 874.1 847.3 852.5 37 83.9 85.1 86.4 87.2 88.4 89.6 90.6 91.7 92.7 93.8 94.9 96.0 97.0 98.1 38 39 792.9 92.8 788.7 92.0 792.5 92.6 787.5 93.2 785.6 92.8 757.7 91.8 761.9 92.8 775.8 94.6 790.2 94.6 790.4 94.4 792.6 95.2 774,5 94.7 761.8 94.6 96.4 40 700.1 696.7 699.9 694.3 692.8 665.9 669.1 681.2 695.7 696.0 697.4 679.8 667.2 Table 1.14.—Auto Output [Billions of dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1981 1978 1977 I II III IV I II III IV 1 55.9 65.1 69.5 68.0 59.8 69.2 64.9 64.6 64.2 66.7 65.0 71.0 69.6 72.2 2 3 4 5 6 7 8 9 10 11 12 54.6 50.0 38.1 11.9 9.6 15.4 59 -5.7 3.3 8.9 0.7 64.0 57.5 44.3 13.2 12.6 19.1 65 7.0 3.6 10.7 1.0 68.8 63.1 48.2 14.9 14.7 22.2 -7.5 10.0 3.7 13.7 1.0 69.1 64.8 49.1 15.7 13.4 22.5 -9.1 10.1 4.7 14.8 1.0 60.9 60.6 45.7 14.9 12.1 21.1 90 -12.8 4.0 16.8 1.0 68.0 67.2 49.2 18.0 13.6 24.1 105 -13.8 4.0 17.8 1.0 64.1 56.9 43.3 13.6 11.8 18.5 -6.7 -5.5 3.8 9.3 0.9 64.0 57.0 44.5 12.5 12.3 19.1 68 -6.2 3.8 10.1 1.0 63.6 58.0 44.6 13.3 12.4 18.7 63 -7.8 3.5 11.3 1.0 64.0 57.9 44.6 13.3 13.7 20.1 -6.3 -8.6 3.4 12.0 1.0 62.0 56.4 43.2 13.2 13.7 20.0 -6.2 9.1 3.4 12.5 1.0 71.9 65.3 51.1 14.1 15.5 22.8 -7.3 -9.9 3.7 13.6 1.0 70.6 64.8 48.9 15.9 14.8 22,7 7.9 -10.0 3.9 13.9 1.0 70.9 66.0 49.7 16.3 14.8 23.4 86 -10.9 3.8 14.7 1.0 Change in business inventories of new and used 13 autos. NeW . „ , 14 15 Used 1.3 1.1 0.6 -1.1 -1.1 1.2 0.7 0.5 0.6 2.7 3.0 -0.8 -1.0 1.3 0.1 1.4 -0.2 0.7 0.1 -0.9 0.2 -0.6 0.5 0.9 0.3 1.1 0.4 -0.1 0.6 1.3 -0.7 3.1 -0.5 3.5 -0.4 1.6 0.7 0.7 -0.3 1.8 -0.4 46.2 11.4 54.6 14.9 58.2 16.4 57.9 19.3 49.1 21.4 54.6 24.5 54.5 13.6 54.1 16.0 54.5 14.9 55.4 15.0 53.6 14.8 59.1 16.6 58,4 17.0 61,6 17.2 Auto output., Final sales , Personal consumption expenditures,. New autos Net purchases of used autos Producers' durable equipment New autos , , ,, Net exports . Imports . Government purchases of goods and services 1.4 Addenda: Domestic output of new autos2 1 Sales of imported new autos . . . . . . 16 17 July SURVEY OF CURRENT BUSINESS 33 Table 1.14.—Auto Output—Continued [Billions of dollars] Seasonally adjusted at annual rates I II III I IV II 1982 1981 1980 1979 Line III I IV II III I IV II 1 75.6 67.5 67.3 61.5 63.1 51.9 56.8 67.5 66.1 73.7 78.7 58.3 53.5 69.4 2 3 4 . .... 5 6 7 8 9 10 11 . . 12 73.5 66.8 50.8 16.1 14.6 23.9 -9.4 89 4.4 13.4 1.0 66.5 62.4 46.9 15.5 13.7 22.3 -8.7 105 4.7 15.2 1.0 70.9 66.8 50.2 16.6 13.6 23.7 -10.1 10.5 4.7 15.2 1.0 65.4 63.2 48.6 14.6 11.8 20.1 -8.3 -10.5 5.0 15.5 0.9 70.5 68.0 52.2 15.8 12.8 22.2 -9.3 -11.3 4.7 16.0 1.0 50.8 50.9 37.5 13.3 10.8 18.3 -7.5 -11.8 3.9 15.6 0.9 57.5 58.9 44.5 14.3 12.1 21.1 -9.0 -14.5 3.5 17.9 1.0 64.7 64.7 48.4 16.3 12.7 22.8 -10.1 -13.7 4.0 17.7 1.0 74.1 71.6 54.5 17.1 13.4 24.6 -11.2 -11.9 4,2 16.2 1.0 63.3 63.0 45.4 17.6 13.1 22.4 -9.3 -13.7 4.3 18.0 0.9 74.4 71.5 52.1 19.3 15.3 27.6 123 -13.4 •4.6 18.1 1.1 60.2 62.8 45.0 17.8 12.5 22.0 94 -16.0 2.8 18.9 0.9 65.9 68.0 49.7 18.3 13.1 23.3 -10.2 -16.1 2.6 18.7 0.9 66.3 69.5 50.3 19.2 13.4 22.8 94 17.5 3.5 21.0 0.9 Change in business inventories of new and used 13 autos. 14 New Used .. 15 2.2 0.9 -3.6 -3.9 -7.5 1.0 -0.7 -8.0 10.4 4.3 -1.9 -12.4 3.1 1.7 0.5 1.3 04 -3.2 -0.4 -3.4 05 -6.4 10 2.1 11 -0.8 0.0 2.9 -0.1 -9.1 1.0 11.3 -0.9 3.1 1.2 16 -0.3 127 0.3 . 4.3 -1.2 64.9 18.5 58.9 19.4 50.6 19.9 52.2 23.0 47.6 21.0 54.5 23.3 52.4 24.7 59.5 23.9 61.6 24.3 44.8 25.2 37.8 27.6 54.0 26.5 III IV Auto output .. .. Final sales . . . . . Personal consumption expenditures .. New autos........ Net purchases of used autos .. Producers' durable equipment New autos Net purchases of used autos Net exports Exports Imports , „ Government purchases of goods and services .. 2.8 Addenda: Domestic output of new autos2 1 Sales of imported new autos .. .. 16. 17 57,2 19.3 42.1 18.5 1 Consists 2 of final sales and change in business inventories of new autos produced in the United States. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. Table 1.15.—Auto Output in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1981 1977 1978 I II III IV I II 1 45.3 50.7 50.3 47.0 38.7 41.5 51.2 50.9 50.4 50.4 48.2 51.8 50.0 51.5 2 3 ,. 4 5 6 7 8 9 10 11 12 44.4 38.7 31.1 7.5 8.7 12.6 39 36 2.7 6.3 0.6 49.7 42.1 34.4 7.7 10.9 14.8 -3.9 40 2.8 6.9 0.8 50.1 42.9 34.8 8.0 11.6 16.0 45 51 2.7 7.8 0.8 47.5 41.0 32.9 8.1 10.1 15.1 50 43 3.2 7.6 0.7 39.4 35.8 28.3 7.5 8.3 13.0 48 54 2.5 7.9 0.7 40.8 36.0 28.8 7.2 9.5 14.1 46 -5.3 2.3 7.7 0.7 50.3 42,2 34.4 7.8 10.7 14.7 40 -3.3 3.0 6.4 0.8 50.2 42,1 35.0 7.1 11.0 15.0 40 37 3.0 6.7 0.8 49.6 42.5 34.7 7.9 10.7 14,5 38 -4.3 2.7 7.0 0.8 48.6 41.5 33.6 7.9 11.1 15.1 -4.0 -4.8 2.6 7.4 0.8 46.3 39.6 32.0 7.6 10.8 14.8 -3.9 -4.9 2.5 7.5 0.8 52.9 45.0 37.3 7.7 12.2 16.6 -4.4 -5.1 2.7 7.8 0.8 50.7 43.3 35.0 8.3 11.6 16.2 -4.6 -5.0 2.8 7.9 0.8 50.5 43.6 35.1 8.5 11.6 16.5 -4.9 -5.4 2.7 8.1 0.7 Change in business inventories of new and used 13 autos. New „„, , ,, 14 15 Used 0.9 1.0 0.2 -0.5 -0.7 0.7 0.8 0.7 0.7 1.8 1.8 -1.1 -0.8 0.8 0.0 1.2 0.1 0.3 -0.1 -0.4 -0.1 -0.4 03 0.6 0.1 1.0 02 0.4 0.3 1.1 04 2.1 -0.3 2.1 -0.3 1.5 0.4 06 -0.2 1.1 -0.2 37.8 9.3 42.5 11.6 42.1 11.8 38.9 12.9 30.5 13.3 31.9 14.3 43.3 10.8 42.6 12.6 42.3 11.6 41.8 11.3 39.7 11.0 43.1 12.1 41.8 12.1 43.6 12.1 Auto output Final sales Personal consumption expenditures New autos ,.. , Net purchases of used autos Producers' durable equipment New autos . , Net exports Exports Imports .. .. Government purchases of goods and services 0.9 Addenda: Domestic output of new autos2 * . Sales of imported new autos ... 16 17 Seasonally adjusted at annual rates 1979 Line II I 1980 III IV I II 1981 III IV I II 1982 III IV I II 1 53.0 47.3 46.0 41.5 42.0 33.8 36.7 42.2 41.6 44.5 45.6 34.4 31.3 39.7 ,. 2 3 4 5 6 7 8 9 10 11 12 51.2 43.2 35.0 8.2 11.3 16.5 -5.2 -4.1 3.1 7.2 0.8 46.0 39.5 31.5 7.9 10.3 15.0 47 -4.5 3.2 7.7 0.7 48.4 41.9 33.2 8.7 10.2 15.7 55 -4.4 3.2 7.6 0.8 44.2 39.4 31.8 7.6 8.5 13.1 46 -44 3.3 7.8 0.7 46.4 41.6 33.4 8.2 9.0 14.1 51 -4.8 3.1 7.9 0.7 33.4 30.5 23.5 7.0 7.2 11.4 42 -5.0 2.5 7.4 0.6 37.2 34.5 27.2 7.2 8.0 12.8 49 -5.9 2.1 8.0 0.7 40.6 36.7 29.3 7.4 8.9 13.8 48 -5.8 2.4 8,2 0.7 46.3 40.4 33.0 7.4 9.7 14.8 51 -4.5 2.6 7.1 0.7 38.2 33.9 26.7 7.3 8.9 13.1 42 -5.3 2.5 7.8 0.6 43.7 37.4 30.0 7.5 10.7 15.8 52 -5.1 2.7 7.8 0.7 35.2 32.2 25.6 6.6 8.8 12.5 -3.7 -6.5 1.6 8.0 0.6 38.3 34.9 28.3 6.6 9.3 13.3 -4.0 -6.6 1.5 8.0 0.6 37.8 35.0 28.3 6.7 9.3 12.9 36 -7.2 2.0 9.1 0.6 Change in business inventories of new and used 13 autos. 14 New Used ' .. . . . . 15 1.8 1.3 -2.4 -2.7 -4.4 0.4 -0.5 1.6 -4.7 6.3 1.8 -0.8 -7.0 1.9 1.5 0.3 1.5 02 -2.2 02 -2.4 03 -3.9 0.6 1.0 06 -0.5 0.0 1.6 0.0 -5.1 0.5 6.7 -0.4 1.3 0.5 -0.7 -0.1 -7.1 0.1 2.3 05 44.7 12.8 39.7 13.1 37.9 12.8 33.1 13.1 33.4 14.7 26.4 11.6 29.1 12.9 33.1 14.1 31.7 15.0 34.9 14.0 35.4 14.0 25.5 14.4 21.6 15.7 30.5 14.9 Auto output Final sales . . ... , ........ .... , Personal consumption expenditures. New autos .. Net purchases of used autos Producers' durable equipment New autos.. .. . ... .. Net exports Exports Imports Government purchases of goods and services.... Addenda: Domestic output of new autos2 \ . Sales of imported new autos 1 Consists 2 16 17 of final sales and change in business inventories of new autos produced in the United States. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. 378-127 0 - 82 - 3 34 SURVEY OF CURRENT BUSINESS July Table 1.16.—Truck Output [Billions of dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1981 I Truck output \ 1978 1977 II I IV HI II III IV 1 24.8 32.9 40.2 39.2 26.1 27.8 30.9 30.7 34.6 35.1 35.4 39.0 41.7 44.6 Final sales Personal consumption expenditures Producers' durable equipment., Net exports......... Exports .... Imports ,.,... Government purchases of goods and services 2 3 4 5 6 7 8 24.5 8.6 13.6 0.0 2.1 2.1 2.3 31.6 11.4 18.2 -0.6 2.0 2.6 2.6 39.7 14.9 22.8 -0.9 2.8 3.7 2.9 39.1 11.7 24.7 -0.4 3.3 3.8 3.2 28.2 7.5 18.0 -1.1 3.1 4.1 3.7 27.6 7.7 17.3 -1.6 3.3 4.9 4.3 30.4 10.8 17.3 -0.2 2.1 2.3 2.6 30.6 10.7 17.9 -0.6 1.9 2.5 2.6 30.8 11.0 17.9 -0.5 2.1 2,5 2.5 34.3 13.0 19.8 -1.1 2.1 3.2 2.7 35.8 13.5 20.5 -0.8 2.5 3.3 2.6 40.7 15.8 23.2 -1.3 2.7 4.0 3.0 39.8 15.3 22.6 -1.0 2.7 3.6 2.9 42.4 15.0 25.0 -0.7 3.2 3.9 3.1 Change in business inventories 9 0.3 1.3 0.5 0.1 20 0.2 0.5 0.1 3.8 0.8 -0.4 -1.7 1.9 2.2 Seasonally adjusted at annual rates 1979 Line I Truck output 1 II 1981 I IV HI II 1982 III IV I II 1 45.3 41.8 36.3 33.5 28.8 24.7 23.7 27.4 26.9 30.1 26.5 27.7 29.4 32.6 42.0 13.5 25.9 05 3.3 3.7 3.1 38.6 11.1 25.4 09 3.3 4.1 2.9 38.6 10.9 24.7 02 3.2 3.4 3.2 37.3 11.3 22.7 01 3.5 3.7 3.5 31.6 8.7 20.2 08 3.0 3.7 3.5 27.2 7.3 17.2 07 2.9 3.5 3.3 27.5 7.5 17.9 19 3.1 5.0 3.9 26.4 6.6 16.8 -1.0 3.3 4.3 4.0 27.8 7.2 17.2 -0.7 3.6 4.3 4.1 29.5 7.9 18.2 -1.1 3.4 4.5 4.5 27.5 8.2 17.4 -2.5 3.2 5.7 4.4 25.8 7.4 16.6 -2.2 3.1 5.3 4.0 32.0 11.8 18.6 -2.6 2.9 5.5 4.3 30.0 11.5 16.8 -2.9 2.8 5.7 4.5 9 3.2 3.3 23 38 2g 25 38 1.0 Change in business inventories 1 1980 I IV III 2 3 .... 4 5 „ 6 , . 7 8 ... Final sales .. .. ,. . Personal consumption expenditures Producers' durable equipment .. .. , Net exports Exports Imports .............. . . . , , , . Government purchases of goods and services II -1.0 0.7 -1.0 -2.5 1.9 2.6 Includes new trucks only. Table 1.17.—Truck Output in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1980 1979 1981 1977 I II 1978 III IV I II III IV 1 18.9 23.2 26.2 23.2 13.9 13.3 22.5 22.0 24.3 24.1 23.8 25.8 26.9 28.2 Final sales , Personal consumption expenditures Producers' durable equipment Net exports. , ,. . . . . . . „... Exports ... ... Imports , ., Government purchases of goods and services... 2 3 4 5 6 7 8 18.6 7.0 9.9 01 1.5 1.6 1.7 22.3 8.8 12.3 05 1.4 1.9 1.7 25.9 10.8 14.1 07 1.7 2.4 1.8 23.1 7.8 13.9 0.4 1.9 2.3 1.8 14.9 4.7 9.2 08 1.6 2.3 1.9 13.2 4.5 7.8 1.0 1.5 2.5 1.9 22.1 8.5 12.0 -0.2 1.5 1.7 1.8 21.9 8.4 12.2 05 1.3 1.8 1.8 21.7 8.5 12.0 0.4 1.4 1.8 1.6 23.6 9.8 12.9 08 1.4 2.2 1.7 24.1 10.0 13.0 -0.6 1.6 2.2 1.7 26.9 11.5 14.5 -1.0 1.7 2.7 1.9 25.6 10.9 13.7 -0.8 1.6 2.4 1.7 26.9 10.6 15.0 -0.6 1.9 2.5 1.9 Change in business inventories 9 0.2 0.9 0.3 0.1 1.1 0.1 0.4 0.0 2.6 0.5 -0.2 -1.1 1.2 1.4 Truck output * , Seasonally adjusted at annual rates 1979 Line I Truck output * ... Final sales Personal consumption expenditures Producers' durable equipment Exports Imports . ... ... Government purchases of goods and services g 1 Includes new trucks only. * 1980 III II IV I II 1982 1981 III IV I II III I IV II 1 27.6 24.7 21.2 19.2 15.9 13.3 12.3 13.9 13.3 14.6 12.6 12.9 13.9 15.5 2 3 , 4 5 6 7 8 25.8 9.3 15.1 04 1.9 2.3 1,8 22.8 7.4 14.4 07 1.8 2.5 1.6 22.6 7.2 13.9 03 1.8 2.1 1.8 21.4 7.4 12.4 03 2.0 2.2 1.9 17.5 5.6 10.7 06 1.6 2.2 1.8 14.7 4.6 9.0 06 1.5 2.1 1.7 14.3 4.6 8.9 -1.2 1.6 2.8 1.9 13.3 4.0 8.1 07 1.6 2.3 1.9 13.8 4.4 8.1 06 1.7 2.3 1.9 14,2 4.7 8.3 08 1.5 2.4 2.0 13.0 4.7 7.7 14 1.4 2.8 2.0 11.8 4.2 7.2 13 1.3 2.6 1.7 15.1 6.7 8.0 15 1.2 2.7 1.8 14.2 6.5 7.3 15 1.2 2.8 1.9 9 1.8 2.0 14 21 15 2o 0.6 05 0.4 05 1.0 12 1.3 -1.4 35 SURVEY OF CURRENT BUSINESS July Table 1.18.—Farm Output, Gross Product, and Income [Millions of dollars] Line 1977 1976 1 > 1978 1981 1980 1979 101,078 106,791 124,213 149,944 149,323 164,820 94,463 96,035 112,494 131,655 139,521 143,508 3 4 5 6 7 g 9 10 48351 46,112 5,973 1,334 1,357 2049 -1,367 -682 48400 47,635 7,294 1,161 1,162 1139 2,400 -1,261 53684 58,810 8,237 1,186 1,233 1 063 2^463 -1,400 63071 68,584 9,752 1,321 1,547 5669 4,813 856 71 725 67,796 11,373 1,157 1,550 4278 -5,616 1,338 75,025 68,483 12,728 1,164 1,934 5486 5,207 279 Less: Intermediate goods and services 11 purchased. Intermediate goods and services, 12 other than rent. Rent paid to nonoperator land- 13 lords. 55,173 58,386 65,470 78,366 83,958 89,030 48,833 51,630 58,391 70,242 75,026 79,013 6,340 6,756 7,079 8,124 8,932 10,017 14 45,905 48,405 58,743 71,578 65,365 75,790 Less: Capital consumption allowances 15 with capital consumption adjustment. Indirect business tax and 16 nontax liability. 17 Plus: Subsidies to operators . . 11,141 12,570 14,226 16,322 18,824 20,814 2,704 2,805 2,757 3,018 3,241 3,499 644 1,595 2657 1206 1128 1694 18 32,704 34,625 44,417 53,444 44,428 53,171 19 20 21 7,555 6742 813 8,423 7,499 924 8,977 7917 1,060 10,112 8902 1,210 11,153 9818 1,335 11,906 10444 1,462 22 19,089 19,056 26,307 31,925 19,391 23,955 23 393 264 913 892 642 620 24 5667 6882 8220 10515 13 242 16690 Farm output Cash receipts from farm marketings and net Commodity Credit Corporation loans. Crops Livestock Gross rental value of farm housing Farm products consumed on farms Other farm income Crops Livestock Equals: Gross farm product Equals: Income Compensation of employees Wages and salaries Supplements to wages and salaries. Proprietors' income with inventory valuation and capital consumption adjustments. Corporate profits with inventory valuation and capital consumption adjustments. Net interest 2 ' Table 1.19.—Farm Output, Gross Product, and Income in Constant Dollars [Billions of 1972 dollars] Line 1976 1977 1978 1980 1979 1981 1 66 7 69.6 712 744 72.2 760 2 63.7 65.4 67.0 67.9 70.6 70.4 3 4 5 6 7 8 9 10 28 S 353 3.1 1.0 0.9 19 09 -1.0 28.6 36.8 3.0 0.8 0.7 03 11 -1.4 302 368 2.8 0.7 07 00 12 — 12 31.8 361 2.6 0.7 0.8 24 21 0.3 34.2 36.4 2.4 0.6 0.7 21 27 0.6 33.7 367 2.1 0.6 08 21 20 01 Less: Intermediate goods and services 11 purchased. Intermediate goods and services, 12 other than rent. Rent paid to nonoperator land- 13 lords. 34.6 36.5 38.6 40.3 38.0 37.6 31.1 32.7 35.0 36.5 34.2 33.6 3.5 3.7 3.6 3.7 3.8 4.0 Farm output Cash receipts from farm marketings and net Commodity Credit Corporation loans. Crops Livestock . Gross rental value of farm housing Farm products consumed on farms Other farm income Change in farm inventories Crops Livestock 14 32.1 33.1 32 6 342 342 384 Less: Capital consumption allowances 15 with capital consumption adjustment. Indirect business tax and nontax 16 liability. 17 Plus' Subsidies to operators 7.8 8.1 8.4 8.7 9.0 9.2 2.0 2.1 2.0 2.1 2.1 2.4 38 38 4o 43 46 45 18 26.1 26.8 262 27.6 27 6 31 3 Equals* Gross farm product Equals* Income 36 SURVEY OF CURRENT BUSINESS July Table 1.20.—Housing Output, Gross Product, and Income [Billions of dollars] Line Housing output l 1976 1 1977 1978 1979 1980 1981 160 5 179 8 202 5 227 5 2569 285 1 1545 111 1 434 6.0 1725 1247 478 7.3 1943 1412 531 82 217 8 1599 579 98 245 5 1815 640 114 2724 2017 707 127 Less: Intermediate goods and services 6 consumed *. 25.9 28.2 33.0 37.3 40.1 46.1 7 134.6 151.5 169.5 1903 2168 2390 8 9 10 11 130.1 947 354 45 146.2 1057 405 5.3 163.5 1195 440 6.0 1831 1354 477 72 2085 1554 53 1 83 2296 1729 568 94 12 34.8 40.2 46.7 54.3 60.8 66.2 13 14 18.0 -16.8 19.4 -20.8 21.2 -25.5 23.3 -31.0 25.3 -35.5 27.2 -39.1 15 32.4 35.6 36.0 36.4 38.7 42.5 16 2.1 2.4 2.9 3.8 4.8 6.1 17 69.5 78.1 89.7 103.3 122.1 136.3 18 19 3.1 2.3 3.5 2.9 3.8 3.3 4.2 3.9 4.9 4.6 5.6 5.1 20 14.6 13.8 14.4 14.6 18.5 19.0 21 0.1 0.1 0.1 0.1 0.1 0.0 22 493 578 681 805 939 1067 Nonfarm housing Owner-occupied Tenant-occupied . . Farm housing , 2 3 4 ,,,.. 5 Equals: Gross housing product Nonfarm housing Owner-occupied Tenant-occupied Farm housing ..... . Less: Capital consumption allowances with capital consumption adjustment. Capital consumption allowances... Less: Capital consumption adjustment. Indirect business tax and nontax liability plus business transfer payments. Plus: Subsidies less current surplus of government enterprises. Equals: Income Compensation of employees.. Proprietors' income with inventory valuation and capital consumption adjustments. Rental income of persons with capital consumption adjustment. Corporate profits with inventory valuation and capital consumption adjustments. Net interest 1 Equals 2 personal consumption expenditures for housing less expenditures for other housing as shown in table 2.4. Equals intermediate goods and services consumed less the value of losses incurred by lenders due to mortgage defaults. Table 1.21.—Housing Output, Gross Product, and Income in Constant Dollars [Billions of 1972 dollars] Line 1976 1977 1978 1980 1979 1981 1 1301 136.5 143.5 1496 154.6 157.6 2 3 4 5 1271 914 35.7 31 1335 968 36.8 30 1407 1025 38.2 28 1470 1082 38.8 2.6 1522 1128 39.4 2.4 155.5 1154 40.1 2.1 Less: Intermediate goods and services 6 consumed 2. 20.9 20.9 22.8 23.8 23.3 24.6 7 109.3 115.6 120.8 125.8 131.3 132.9 107.0 779 29.1 2.3 113.5 820 31.4 2.2 118.7 868 31.9 2.0 123.9 916 32.3 1.9 129,6 96.6 33.0 1.7 131.4 98.9 32.5 1.5 Housing output 1 Nonfarm housing Owner-occupied Tenant-occupied Farm housing .. Equals: Gross housing product .. Nonfarm housing Tenant-occupied Farm housing .... .. ... 8 9 10 11 .. Less: Capital consumption allowances 12 with capital consumption adjustment. Indirect business tax and nontax 13 liability plus business transfer payments. Plus: Subsidies less current surplus of 14 government enterprises. Equals* Income 1 2 15 24.8 26.2 27.0 28.0 28.7 29.3 28.7 30.5 32.0 33.4 35.1 35.5 1.7 1.8 1.9 2.0 2.1 2.2 57.5 60.8 63.7 66.4 69.7 70.3 Equals personal consumption expenditures for housing less expenditures for other housing as shown in table 2.5. Equals intermediate goods and services consumed less the value of losses incurred by lenders due to mortgage defaults. 37 SURVEY OF CURRENT BUSINESS July 2. Personal Income and Outlays Table 2.1.—Personal Income and Its Disposition Millions of dollars Line 1976 1977 1978 1979 Billions of dollars, seasonally adjusted at annual rates 1980 1981 1 1,391,192 1,540,407 1,732,673 1,951,170 2,160,401 2,415,844 1,476.9 2 889,925 983,159 1,106,259 1,237,617 1,356,124 3 4 5 6 7 307,254 237,423 216,580 177,407 188,684 Other labor income 8 Proprietors' income with inventory valuation and capital consumption adjustments. 9 Personal income Wage and salary disbursements .. <• Commodity-producing industries .. Manufacturing . Distributive industries Service industries . ,......,, .. .... Government and government enterprises Farm Nonfarm...., , Rental income of persons with capital consumption adjustment. Personal dividend income Personal interest income Transfer payments ... .... Old-age, survivors, disability, and health insurance benefits. Government unemployment insurance benefits Veterans benefits Government employees retirement benefits... Other transfer payments , Aid to families with dependent children Other , Less: Personal contributions for social insurance Less* Personal tax and nontax payments Equals* Disposable personal income Less* Personal outlays ... Personal consumption expenditures Interest paid by consumers to business Personal transfer payments to foreigners (net) 343,628 265,956 239,465 197,702 202,364 389,448 299,234 270,691 226,615 219,505 75,865 89,435 102,530 94,072 103,854 118,542 10 11 19,089 74,983 19,056 84,798 26,307 92,235 12 23,505 24,816 13 14 15 36,514 132,523 194,273 39,562 152,797 207,897 16 92,867 17 18 19 20 21 22 15,784 14,367 26,137 45,118 10,053 35,065 438,400 333,880 303,351 259,681 236,185 1,493,922 1978 1977 I 940.2 II III IV I II III IV 1,644.9 1,702.7 1,761.8 1,821.3 969.9 996.3 1,026.3 1,051.2 1,091.0 1,122.7 1,160.1 340.4 263.0 236.4 193.6 199.5 365.0 284.9 258.0 214.5 213.8 384.6 294.1 266.9 222.4 217.0 397.2 303.4 274.2 230.8 220.6 411.0 314.5 283.7 238.7 226.6 1,514.5 1,561.1 1,609.2 468,008 354,430 330,482 297,446 260,188 510,821 386,370 361,397 338,640 283,064 114,912 127,246 140,419 84.3 87.6 91.3 94.6 97.9 101.3 104.1 106.8 132,095 116,267 124,700 100.8 100.3 103.9 110.4 111.1 118.1 120.1 124.8 31,925 100,170 19,391 96,876 23,955 100,745 19.4 81.4 16.4 83.9 17.6 86.3 22.8 87.6 22.9 88.2 25.8 92.3 26.5 93.6 30.0 94.8 26,600 27,909 32,872 33,878 24.8 24.4 25.5 24.5 25.2 25.0 27.8 28.4 45,310 179,357 223,844 50,757 218,727 250,260 55,920 263,421 297,237 62,510 328,982 336,334 39.1 144.2 202.7 39.0 150.2 203.7 39.7 155.7 210.5 40.5 161.1 214.6 42.5 166.4 217.7 44.1 173.3 218.9 46.3 183.7 227.7 48.3 194.1 231.1 104,943 116,231 131,819 154,168 181,999 99.7 101.6 108.4 110.1 111.4 112.3 119.7 121.6 12,664 13,817 28,976 47,497 10,574 36,923 9,724 13,873 32,659 51,357 10,699 40,658 9,777 14,439 36,904 57,321 10,999 46,322 16,086 15,012 42,963 69,008 12,409 56,599 15,413 16,091 49,184 73,647 13,360 60,287 14.9 14.4 27.5 46.3 10.4 35.8 12.8 13.9 28.6 46.8 10.6 36.2 11.5 13.3 29.3 48.0 10.7 37.4 11.4 13.7 30.5 48.9 10.7 38.3 11.1 14.0 31.2 50.1 10.7 39.4 9.7 13.7 32.2 51.0 10.8 40.2 9.3 13.7 32.9 52.1 10.7 41.4 8.8 14.1 34.3 52.3 10.6 41.7 325.8 252.5 228.7 189.2 196.5 350.0 270.7 242.6 200.3 203.4 358.3 277.6 250.2 207.8 210.0 23 55,485 61,113 69,769 81,107 88,686 104,901 59.3 60.5 61.7 62.9 67.1 69.1 70.6 72.3 24 196,833 226,388 258,682 301,015 336,325 386,696 221.6 222.6 225.6 235.7 239.2 251.3 265.6 278.6 25 1,194,359 1,314,019 1,473,991 1,650,155 1,824,076 2,029,148 1,255.2 1,291.9 1,335.5 1,373.5 1,405.7 26 1,111,868 1,236,024 1,384,619 1,553,465 1,717,866 1,898,939 1,192.4 1,217.7 1,248.6 1,285.4 1,311.3 1,367.7 1,406.7 27 28 29 1,084,271 1,204,440 26,680 30,725 917 859 1,346,474 37,377 768 1,507,165 45,468 832 1,667,191 49,877 798 1,843,184 55,110 645 1,162.7 28.8 0.9 1,186.8 30.0 0.9 1,216.5 31.3 0.8 1,251.8 32.8 0.8 1,276.4 1,330.7 34.3 36.3 0.7 0.8 1,367.5 1,411.3 38.5 40.5 0.7 0.9 1,451.3 1,496.2 1,542.7 1,452.7 30 82,491 77,995 89,372 96,690 106,210 130,209 62.9 74.2 86.9 88.0 94.4 83.6 89.5 90.0 31 906,777 942,880 988,779 1,015,684 1,018,046 1,043,073 919.5 933.9 952.2 965.9 973.4 982.8 994.2 1,004.8 32 33 34 5,477 4,158 218,086 5,965 4,280 220,289 6,621 4,441 222,629 7,331 4,512 225,106 8,012 4,472 227,654 Personal saving as percentage of disposable per- 35 sonal income. 6.9 5.9 6.1 5.9 5.8 £)ouals* Personal saving Addenda: Disposable personal income: Total, billions of 1972 dollars.. Per capita: Current dollars 1972 dollars Population (mid-period, thousands) 8,827 6,055 6,340 5,721 5,873 6,209 6,711 6,900 6,529 4,538 4,190 4,246 4,317 4,367 4,390 4,460 4,494 4,422 229,872 219,427 219,956 220,573 221,201 221,719 222,281 222,933 223,583 6.4 5.0 5.7 6.5 6.4 6.7 5.8 6.0 5.8 38 SURVEY OF CURRENT BUSINESS July Table 2.1.—Personal Income and Its Disposition—Continued Billions of dollars, seasonally adjusted at annual rates 1979 Line Personal income ,. 1980 1982 1981 I II III rv I II III rv I II III IV I II 1 1,871.8 1,916.6 1,981.9 2,034.4 2,086.8 2,109.6 2,185.3 2,260.0 2,330.0 2,380.6 2,458.2 2,494.6 2,510.5 2,549.5 ... 2 1,193.2 1,218.2 1,254.5 1,284.6 1,319.7 1,332.1 1,360.5 1,412.2 1,452.8 1,479.4 1,512.3 1,531.2 1,541.6 1,555.9 3 4 5 6 7 424.5 325.5 292.7 246.6 229.5 433.3 330.2 297.7 253.5 233.6 444.4 338.0 308.0 265.1 237.1 451.4 341.9 315.0 273.6 244.5 462.7 350.3 323.2 283.4 250.4 458.6 347.0 324.9 292.0 256.6 465.6 352.8 331.9 301.4 261.6 485.1 367.7 341.9 313.1 272.2 499.2 377.0 352.1 325.2 276.2 507.2 386.9 358.7 333.7 279.8 519,3 392.9 366.5 342.8 283.8 517.7 388.7 368.3 352.8 292.4 514.3 385.1 371.4 359.5 296.5 513.2 385.5 375.7 366.9 300.1 8 110.2 113.2 116.5 119.7 123.2 125.9 128.4 131.5 135.3 138.4 142.2 145.8 149.1 152.5 Proprietors' income with inventory valuation and 9 capital consumption adjustments. 128.9 134.1 133.3 132.2 122.7 108.9 115.5 118.0 123.4 123.8 127.5 124.1 116.4 115.3 10 11 32.5 96.4 35.1 99.0 30.6 102.6 29.5 102.7 22.1 100.5 15.9 93.0 20.3 95.1 19.2 98.8 21.6 101.8 22.5 101.2 27.1 100.4 24.6 99.5 17.8 98.6 15.3 100.0 12 28.2 27.0 27.2 29.2 30.8 32.7 33.8 34.2 34.4 34,0 33.6 33.6 33.9 34.2 13 14 15 50.0 204.1 236.2 50.5 211.9 241.9 50.6 223.7 258.0 51,9 235.3 264.9 54.1 249.1 274.2 55.7 258.0 283.2 56.5 266.4 313.4 57.4 280.2 318.2 59.2 304.7 322.8 61.5 320.6 327.0 64.1 339.6 344.8 65.2 351.0 350.7 65.8 359.7 354.6 66.1 371.8 365.0 16 123.6 126.4 137.6 139.6 142.1 144,7 163.4 166.4 171.0 173.7 190.6 192.8 194.7 197.1 17 18 19 20 21 22 9.5 14.3 35.0 53.8 10.7 43.2 9.3 . 14.2 36.3 55.6 10.8 44.8 9.6 14.5 37.2 59.2 11.1 48.1 10.8 14.7 39.1 60.7 11.4 49.3 11.8 14.8 40.1 65.3 11.7 53.6 15.9 14.6 42.3 65.6 12.1 53.5 18.7 14.9 43.4 73.0 12.8 60.2 18.0 15.7 46.0 72.1 13.0 59.1 15.7 16.0 47.2 72.9 13.1 59.8 15.1 15.9 49.1 73.2 13.4 59.8 14.1 16.0 49.6 74.4 13.5 61.0 16.7 16.4 50.8 74.0 13.4 60.6 18.7 16.3 51.5 73.3 13.2 60.1 23.5 16.0 54.4 74.0 13.4 60.6 Wage and salary disbursements... Commodity-producing industries Manufacturing ,. ...,.,.,... , Distributive industries .. Service industries Government and government enterprises ,. . Other labor income Farm ., Nonfarm . Rental income of persons with capital consumption adjustment. Personal dividend income. Personal interest income Transfer payments Old-age, survivors, disability, and health insurance benefits. Government unemployment insurance benefits .,.,„. Veterans benefits ... Government employees retirement benefits . Other transfer payments Aid to families with dependent children Other 79.0 80.1 81.9 83.4 86.9 86.9 89.1 91.8 102.5 104.1 106.1 107.0 110.6 111.3 ... •• 24 284.3 292.6 307.6 319.5 319.9 328.6 339.7 357.1 371.2 384.2 398.1 393.2 393.4 397.5 25 1,587.5 1,624.0 1,674.3 1,714.9 1,766.9 1,781.0 1,845.5 1,902.9 1,958.7 1,996.5 2,060.0 2,101.4 2,117.1 2,151.9 26 1,489.5 1,521.2 1,575.7 1,627.5 1,669.1 1,672.4 1,732.5 1,797.6 1,852.8 1,874.5 1,925.7 1,942.7 1,977.9 2,009,9 27 28 29 1,446.3 42.4 0.7 1,476,0 44,5 0.7 1,528.3 46.5 0.8 1,578.0 48.5 1.1 1,618.7 49.6 0.7 1,622.2 49.4 0.7 1,682.0 49.7 0.8 1,745.8 50.8 0.9 1,799.9 52.4 0.5 1,819.4 54.4 0.8 1,868.8 56.2 0.7 1,884.5 57,5 0.7 1,919.4 57.8 0.8 1,950.8 58.3 0.9 30 98.0 102.8 98.6 87.3 97.9 108.6 113.1 105.3 105.9 122.0 134.4 158.6 139.1 142.0 31 1,011.1 1,011.7 1,019.8 1,020.1 1,022.8 1,005.5 1,018.2 1,025.7 1,035.0 1,036.6 1,048.8 1,051.9 1,046.9 1,054.9 9,155 4,527 231,246 9,287 4,553 231,715 6.6 6.6 Less: Personal contributions for social insurance..... 23 Less! Personal tax and nontax payments . Equals: Disposable personal income Less: Personal outlays..,,. , „ Personal consumption expenditures Interest paid by consumers to business.. Personal transfer payments to foreigners (net) Equals: Personal saving .. Addenda: Disposable personal income: Total billions of 1972 dollars Per capita: Current dollars . , 1972 dollars Population (mid-period thousands) 32 33 34 7,082 4,511 224,152 7,226 4,502 224,737 7,427 4,524 225,418 7,584 4,511 226,117 7,793 4,511 226,727 7,834 4,423 227,332 8,095 4,466 227,978 8,325 4,487 228,579 8,551 4,519 229,053 8,698 4,516 229,539 8,951 4,557 230,145 9,107 4,559 230,751 Personal saving as percentage of disposable per- 35 sonal income. 6.2 6.3 5.9 5.1 5.5 6.1 6.1 5.5 5.4 6.1 6.5 7.5 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. Table 2.2.—Personal Consumption Expenditures by Major Type of Product [Billions of dollars] Seasonally adjusted at annual rates Line Personal consumption expenditures Durable goods Motor vehicles and parts. , ...,..,. Furniture and household equipment , Other Housing Household operation Other Transportation Other . 1978 1979 1980 1977 1981 1978 I II III IV I II III IV 1,084.3 1,204.4 1,346.5 1,507.2 1,667.2 1,843.2 1,162.7 1,186.8 1,216.5 1,251.8 1,276.4 1,330.7 1,367.5 1,411.3 •• 2 156.8 178.2 200.2 213.4 214.3 234.6 171.2 175.5 180.1 186.0 184.9 202.6 203.7 209.6 3 4 5 72.6 59.1 25.2 84.8 65.7 27.7 95.7 72.8 31.7 96.6 81.8 35.1 89.7 86.3 38.3 98.6 93.4 42.6 83.4 62.8 25.0 83.8 64.7 27.1 85.0 66.5 28.6 87.0 69.0 30.0 86.4 68.4 30.1 99.0 72.2 31.5 98.1 73.6 32.0 99.3 77.1 33.1 , .,.,., 6 441.7 478.8 528.2 600.0 670.4 734.5 466.0 474.5 480.5 494.3 502.7 519.2 534.9 556.1 7 8 9 10 11 12 230.6 75.3 44.0 91.9 9.8 82.1 249.8 82.6 48.1 98.2 10.7 87.6 275.9 92.4 51.2 108.8 11.9 96.9 311.6 99.1 66.6 122.8 16.1 106.6 343.7 104.7 87.0 135.0 19.0 116.0 375.3 114.6 96.8 147.9 19.7 128.2 243.8 79.1 47.2 95.9 10.6 85.2 248.8 80.7 48.6 96.4 10.2 86.2 250.5 83.1 48.3 98.6 10.6 87.9 256.1 87.7 48.5 102.1 11.2 90.9 262.0 87.0 49.3 104.5 12.2 92.3 270.3 91.8 49.9 107.2 11.9 95.3 279.6 93.9 51.5 109.9 11.5 98.5 291.6 96.8 54.3 113.5 12.1 101.3 . 13 485.7 547.4 618.0 693.7 782.5 874.1 525,5 536.8 555.9 571.5 588.8 608.8 628.8 645.6 .. 14 15 16 17 ....... 18 19 166.5 71.6 32.9 38.7 38.6 209.0 185.9 81.1 38.5 42.6 46.4 234.1 209.6 90.1 42.9 47.2 51.2 267.1 236.0 99.3 47.8 51.5 56.3 302.0 266.0 111.7 56.6 55.1 62.9 341.9 295.3 128.9 66.8 62.1 65.4 384.4 179.2 78.7 37.7 41.0 43.8 223.7 183.0 78.3 36.3 42.0 45.8 229.6 187.8 82.7 39.7 43.0 47.6 237.8 193.4 84.6 40.1 44.4 48.3 245.2 199.5 87.7 42.3 45.4 49.4 252.2 206.2 88.6 42.2 46.4 51.0 263.0 212.8 91.1 43.1 48.0 51.8 273.1 220.0 92.9 43.9 49.0 52.4 280.3 Food Clothing and shoes . . ...... . , Gasoline and oil. ... . . , Other nondurable goods Fuel oil and coal , Other . . 1977 . ... 1 Nondurable goods Services 1976 ... ... , 39 SURVEY OF CURRENT BUSINESS July Table 2.2.—Personal Consumption Expenditures by Major Type of Product—Continued [Billions of dollars] Seasonally adjusted at annual rates Personal consumption expenditures Durable goods Motor vehicles and parts Furniture and household equipment Other Nondurable goods ... ...... ". , , ,,..., III IV I II III IV I II III IV I II 1 1,446.3 1,476.0 1,528.3 1,578.0 1,618.7 1,622.2 1,682.0 1,745.8 1,799.9 1,819.4 1,868.8 1,884.5 1,919.4 1,950.8 211.1 208.7 217.3 216.6 220.8 199.0 212.7 224.7 236.9 230.4 241.2 229.6 237.9 242.6 3 4 5 99.5 78.3 33.4 93.5 80.2 35.0 98.4 83.5 35.5 94.9 85.2 36.5 97.9 85.5 37.5 79.2 83.4 36.4 88.1 86.0 38.6 93.7 90.4 40.6 102.1 93.1 41.7 94.2 93.3 42.9 104.0 93.8 43.4 93.9 93.3 42.4 103.2 91.0 43.7 105.0 93.6 44.0 569.3 586.0 609.3 635.5 650.6 656.7 673.7 700.5 720.6 729.6 741.3 746.5 749.1 756.5 300.0 95.6 57.7 115.9 13.4 102.5 306.4 97.1 62.2 120.4 15.0 105.3 313.1 100.8 70.5 125.0 17.7 107.3 326.8 103.0 75.9 129.7 18.3 111.5 333.9 103.0 82.0 131.7 18.8 112.9 336.4 102.2 86.1 132.0 18.6 113.4 346.4 104.8 87.0 135.5 19.3 116.2 358.0 108.9 92.8 140.8 19.2 121.6 368.8 112.3 95.2 144.4 20.0 124.3 372.1 114.0 96.7 146.9 19.9 127.0 378.0 115.9 97.7 149.7 19.9 129.8 382.3 116.0 97.5 150.7 19.2 131.5 387.9 117.5 95.3 148.4 17.3 131.1 396.4 119.5 90.5 150.2 17.3 133.0 13 666.0 681.3 701.7 725.9 747.3 766.6 795.6 820.6 842.4 859.4 886.3 908.3 932.4 951.6 14 15 ,. ... 16 17 18 19 225.6 96.7 46.8 49.9 53.1 290.5 231.4 97.8 46.9 50.9 55.7 296.4 239.1 99.6 47.4 52.2 57.2 305.8 248.1 103.2 50.2 53.0 59.3 315.3 254.8 105.1 50.9 54.2 61.2 326.2 261.6 108.9 54.8 54.1 61.6 334.5 269.6 114.7 59.2 55.5 64.1 347.2 278.1 118.2 61.4 56.8 64.6 359.8 284.4 120.7 61.9 58.8 66.2 371.1 291.3 125.2 64.6 60.7 64.3 378.5 298.7 132.8 69.4 63.5 65.5 389.3 307.0 136.9 71.2 65.7 65.7 398.7 314.5 141.4 75.1 66.3 66.9 409.6 320.6 143.5 75.2 68.2 70.5 417.1 Services....... , Housing ... Household operation Electricity and gas. Other Transportation..... Other II 2 6 ... 1982 1981 I 7 8 .... 9 10 11 12 < Food Clothing and shoes...., Gasoline and oil................ Other nondurable goods Fuel oil and coal Other 1980 1979 Line Table 2.3.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1979 1978 1980 1977 1981 Nondurable goods . III IV 823.1 864.3 903.2 927.6 930.5 947.6 851.7 858.0 867.3 880.4 883.8 901.1 908.6 919.2 126.6 138.0 146.8 147.2 137.1 140.0 133.9 136.9 139.2 142.0 139.4 149.8 147.9 150.1 ... 3 4 5 57.3 48.9 20.4 63.5 52.9 21.5 66.9 56.5 23.4 62.6 60.4 24.2 53.8 60.1 23.2 54.2 61.6 24.3 63.2 51.0 19.7 63.4 52.3 21.2 63.6 53.4 22.2 63.8 55.1 23.1 62.3 54.3 22.8 70.0 56.4 23.4 67.7 56.7 23.6 67.6 58.5 24.0 6 321.9 333.4 344.4 353.1 355.8 362.4 330.6 331.9 332.4 338.7 339.1 341.0 345.3 352.2 164.1 63.8 26.8 67.2 4.6 62.5 170.6 67.5 27.7 67.6 4.4 63.1 171.8 73.6 28.3 70.8 4.7 66.0 176.1 76.7 27,4 72.9 4.7 68.2 180.2 78.0 25.7 72.0 4.0 68.0 181.4 82.7 25.7 72.6 3.5 69.1 170.2 65.4 27.8 67.2 4.6 62.6 171.1 66.2 27.7 66.8 4.3 62.6 169.9 67.4 27.6 67.5 4.4 63.1 171.4 70.8 27.6 68.8 4.5 64.3 171.2 70.5 28.1 69.3 4.9 64.4 169.5 73.0 28.0 70.4 4.7 65.7 171.3 74.6 28.2 71.2 4.6 66.6 175.0 76.3 28.8 72.1 4.6 67.4 13 374.7 393.0 412.0 427.3 437.6 445.2 387.1 389.2 395.7 399.7 405.3 410.3 415.4 416.9 14 15 16 ........ 17 18 . . . 19 134.9 52.0 21.2 30.7 30.8 157.1 141.3 55.1 22.5 32.6 32.7 163.9 148.5 57.8 23.2 34.6 34.0 171.7 154.8 60.1 23.5 36.7 35.0 177.3 159.6 61.5 23.8 37.8 34.1 182.4 162.6 63.5 24.6 38.8 32.4 186.8 139.6 54.4 22.6 31.8 32.1 161.0 140.3 53.8 21.6 32.2 32.5 162.7 141.7 55.7 23.0 32.7 33.1 165.3 143.4 56.3 22.8 33.5 33.2 166.8 145.4 57.5 . 23.6 33,9 33.4 169.0 147.5 57.1 22.8 34.3 34.1 171.5 149.6 58.0 23.2 34.9 34.4 173.5 151.4 58.5 23.2 35.3 34.1 172.9 .. ... Services . n I 7 . 8 9 10 11 .. 12 • Housing .. Household operation Electricity and gas Other Transportation Other .. IV 1 .. Food Clothing and shoes Gasoline and oil Other nondurable goods Fuel oil and coal Other . III ,, 2 Personal consumption expenditures .... Durable goods Motor vehicles and parts Furniture and household equipment..,. Other 1978 II I Seasonally adjusted at annual rates 1979 Line Personal consumption expenditures Durable goods . Motor vehicles and parts Furniture and household equipment Other Nondurable goods ,. Food Clothing and shoes Gasoline and oil . Other nondurable goods , .. . , Other Services Electricity and gas Other Other < . . 1980 1981 I II III IV I II m IV I 1982 II III IV I II 1 921.2 919.5 930.9 938.6 937.0 915.8 928.0 941.0 951.1 944.6 951.4 943.4 949.1 956.3 2 148.6 144.9 149.1 146.3 145.4 128.9 134.6 139.5 145.3 138.6 142.2 134.1 137.5 139.0 3 4 5 66.2 58.6 23.8 60.8 59.6 24.5 63.2 61.6 24.3 60.2 61.8 24.2 60.6 61.0 23.8 48.1 58.5 22.3 52.3 59.4 23.0 54.2 61.6 23.7 58.6 62.6 24.1 52.2 61.8 24.6 56.1 61.4 24.7 50.0 60.4 23.7 54.9 58.5 24.1 55.0 59.6 24.4 6 349.9 349.2 353.4 359.8 357.8 352.7 353.7 359.0 361.6 361.7 363.0 363.1 362.2 365.7 ......... 7 8 9 10 11 12 173.8 75.1 29.1 71.9 4.9 67.0 174.0 75,3 27.1 72.8 4.8 68.0 176.1 77.7 26.6 73.0 4.8 68.2 180.4 78.8 26.7 73.9 4.5 69.5 182.3 77.6 25.1 72.8 4.2 68.6 180.1 76.6 25.0 71.1 4.0 67.1 179.0 77.8 25.5 71.3 4.0 67.2 179.3 79.9 27.0 72.8 3.9 68.9 181.4 82.1 25.4 72.7 3.6 69.1 181.3 82.6 25.4 72.5 3.4 69.0 180.9 83.1 26.2 72.9 3.5 69.4 182.0 83.0 25.8 72.3 3.3 69.0 181.7 83.8 26.2 70.4 3.0 67.4 183.9 84.7 27.0 70.1 3.2 66.9 13 422.8 425.4 428.5 432.6 433.9 434.3 439.7 442.5 444.2 444.3 446.2 446.2 449.5 451.6 14 15 .... 16 17 18 19 152.8 60.1 24.2 35.9 34.8 175.1 154.1 60.0 23.5 36.5 35.2 176.1 155.4 59.8 22.8 37.0 35.0 178.2 157.0 60.6 23.4 37.2 35.1 179.9 158.1 60.6 22.9 37.7 34.8 180.3 159.2 61.1 23.3 37.7 33.9 180.2 160.1 62.0 24.3 37.6 34.1 183.5 161.0 62.5 24.5 38,0 33.5 185.6 161.6 62.4 24.1 38.3 33.5 186.7 162.4 63.0 24.4 38,6 32.3 186.7 162.9 64.1 25.0 39.1 32.1 187.2 163.5 64.4 25.2 39.2 31.7 186.6 164.5 64.5 25.6 38.9 31.9 188.5 165.2 64.3 24.9 39.4 33.0 189.1 40 SURVEY OF CURRENT BUSINESS July Table 2.4.—Personal Consumption Expenditures by Type of Expenditure [Millions of dollars] Line Personal consumption expenditures Food and tobacco , 1979 1978 1980 1981 1,084,271 1,204,440 1,346,474 1,507,165 1,667,191 1,843,184 2 247,047 266,401 293,854 330,830 364,340 398,406 ,. 3 4 5 6 7 167,447 58,525 3,350 1,262 16,463 179,965 65,352 3,419 1,091 16,574 197,919 72,943 3,894 248,121 89,414 270,664 97,916 5,041 1,086 5,621 1,076 17,986 223,360 82,475 4,494 1,243 19,258 20,678 23,129 8 9 10 200,448 19,423 10,713 217,354 20,691 11,782 240,938 22,044 12,886 272,246 24,814 14,512 299,977 27,665 16,020 329,063 28,826 17,388 Addenda: Food excluding alcoholic beverages (n.d.) , Alcoholic beverages purchased for off-premise consumption (n.d.).... Other alcoholic beverages (n.d.) Clothing, accessories, and jewelry 1977 1 ., Food purchased for off-premise consumption (n.d.),, Purchased meals and beverages Mn.d.) Food furnished employees (including military) (n.d.)... Food produced and consumed on farms (n.d.).., ,. Tobacco products (n.d.) , 1976 ,„..,..... 1,112 11 88,566 96,765 108,193 116,341 124,446 136,418 12 13 14 15 16 17 18 19 11,606 63,589 41,471 22,118 85 4,454 7,345 1,487 13,050 69,510 45,207 24,303 16,291 82,744 54,088 28,656 17,319 87,286 56,999 30,287 19,095 95,354 62,697 32,657 1,641 14,717 77,560 50,681 26,879 79 5,195 8,833 1,809 2,041 11,287 2,304 20 15,618 17,371 19,287 21,141 22,909 24,576 21 22 10,232 11,169 6,202 12,297 6,990 13,600 14,719 7,541 8,190 16,116 8,460 ,. 23 166,466 185,871 209,644 236,050 266,015 295,334 Owner-occupied nonfarm dwellings—space 5rent 4 (s.) Tenant-occupied nonfarm dwellings —rent (s.) Rental6 value of farm dwellings (s.) Other (s.)... , 24 25 26 27 111,060 43,435 5,973 124,672 47,378 7,294 6,527 141,212 52,599 8,237 7,596 159,904 57,368 9,752 9,026 181,471 63,456 11,373 9,715 201,709 70,024 12,728 10,873 28 148,312 166,173 184,649 207,914 229,694 256,452 29 30 31 32 33 34 12,852 11,999 5,795 12,807 6,892 13,236 14,683 13,466 6,377 14,357 7,505 14,296 16,267 14,872 7,106 16,048 8,246 15,695 18,236 16,837 7,888 17,978 8,926 17,639 18,615 17,952 19,802 19,253 9,673 20,739 10,579 21,372 35 36 37 38 39 40 41 42 43 3,337 48,616 21,940 10,973 5,879 9,824 19,526 5,359 7,893 3,748 55,670 25,650 12,800 6,552 10,668 21,152 5,930 8,989 4,415 62,256 28,503 14,380 7,458 11,915 23,385 6,246 10,113 4,983 72,336 31,329 16,509 8,393 16,105 25,152 5,707 84,788 37,104 19,470 Shoes and other footwear (n.d.) Clothing and accessories except footwear 2 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 3 (s.)..,.. ,. Personal care , , ,..,..,........., ., Toilet articles and preparations (n.d.).... Barbershops, beauty parlors, baths, and health clubs (s.) Housing , , , , , Household operation , ., , Furniture, including mattresses and bedsprings (d.) , Kitchen and other household appliances 7 (d.) ,. China, glassware, tableware, and 8utensils (d.) , Other durable house furnishings9 (d.) , Semidurable house furnishings (n.d.) , , Cleaning and polishing preparations, and miscellaneous 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.) ,. , 81 4,720 7,763 94 5,634 9,537 125 6,125 8,671 19,048 9,553 19,428 111 6,382 12,915 2,561 11,478 18,998 26,985 6,585 12,362 6,368 96,525 45,232 21,538 10,007 19,748 31,149 7,037 13,955 6,461 9,216 44 98,418 112,868 126,412 144,193 165,239 194,580 45 46 , 47 48 49 50 51 52 53 54 11,929 3,195 25,279 8,940 2,937 40,383 5,755 2,357 2,193 1,205 12,942 3,438 29,492 10,026 15,754 36,580 12,891 4,778 60,095 9,784 4,498 2,347 1,551 14,186 3,840 30,923 12,128 4,091 52,387 8,857 3,288 3,409 2,160 17,082 4,629 42,653 14,461 5,538 69,902 10,974 4,577 3,000 3,397 18,647 4,999 50,404 17,077 6,369 84,084 13,000 5,906 3,500 3,594 55 55,560 60,740 72,602 83,720 93,677 99,797 Brokerage charges and investment counseling (s.) 56 Bank service charges, trust services, and safe deposit box rental (s.) , 57 Services furnished without payment by financial intermediaries except life insurance 58 carriers (s.). Expense of handling life insurance " (s.)......;......... ,. 59 Legal services (s.) 60 Funeral and burial expenses (s.) 61 Other 18(s.) 62 3,870 3,156 21,971 3,779 4,624 3,955 30,965 5,344 4,680 36,197 7,011 5,590 38,091 6,703 6,826 19,089 13,070 4,365 Medical care ,. , Drug preparations and sundries u(n,d.) Opthalmic products and orthopedic appliances (d.) Physicians (s.) Dentists (s.) Other professional services 12 (s.) Privately controlled hospitals and sanitariums 13 (s.) Health insurance Medical care15and hospitalization 14(s.)...... Income loss (s.) Workmen's compensation 16(s.)... , , , „ , Personal business 3,510 46,251 7,209 3,251 2,407 3,517 24,717 4,311 11,444 8,084 3,100 12,048 3,309 4,360 13,894 10,553 3,630 4,981 15,821 12,166 3,794 9,010 21,766 15,655 4,689 5,718 6,461 7,165 , ,..., 63 155,189 179,328 198,108 219,446 239,543 260,773 User-operated transportation , Newautos(d.) Net purchases of used autos (d.)..... , Other motor vehicles (d.) , , Tires, tubes, accessories, and other parts (d.) , ,. Repair, greasing, washing, parking, storage, and rental (s.)... Gasoline and oil (n.d.) ,. „ , Bridge, tunnel, ferry, and road tolls (s.). Insurance premiums less claims paid (s.) Purchased loqal transportation..... Transit systems (s.) , Taxicab (s.) Railway (commutation) (s.) , Purchased intercity transportation Railway (excluding commutation) (s.)... Bus(s.) Airline (s.)... Other 19(s.) 64 65 66 67 68 69 70 71 72 73 74 • 75 76 77 78 79 80 81 144,103 38,076 11,898 10,853 11,745 21,266 43,973 861 5,431 4,375 2,074 2,077 224 6,711 342 681 5,271 417 167,013 44,274 13,186 13,901 13,451 25,054 48,126 184,586 48,244 14,871 17,896 14,699 28,057 51,242 917 8,660 4,991 2,325 2,426 240 8,531 337 739 6,901 554 203,984 49,107 15,702 14,877 16,866 31,194 66,576 221,197 45,684 14,944 10,060 19,027 33,919 86,953 240,480 49,244 17,965 10,349 21,003 35,127 96,783 891 8,771 865 9,745 888 9,121 6,813 3,199 Transportation , ,. - 901 8,120 4,660 2,208 2,222 230 7,655 350 716 6,101 488 5,429 2,494 2,670 6,021 265 297 350 10,033 12,325 13,480 407 875 464 1,052 520 1,138 8,067 10,003 10,885 684 806 937 2,629 3,095 3,264 July 41 SURVEY OF CURRENT BUSINESS Table 2.4.—Personal Consumption Expenditures by Type of Expenditure—Continued [Millions of dollars] Line Recreation, 82 Books and maps (d.).,., ,.,.,„.. 83 Magazines, newspapers, and sheet music (n.d.) „..„.,..,..,„.„. 84 Nondurable toys and sport supplies (n.d.) , „.....„ 85 Wheel goods, durable toys, sports equipment, boats, and pleasure aircraft (d.)...., , 86 Radio and television receivers, records, and musical instruments (d.) 87 Radio and television repair (s.) ,...„., , 88 Flowers, seeds, and potted plants (n.d.) , ., , 89 Admissions to specified spectator amusements............ 90 Motion picture theaters (s.).,.....,....,. ,., .., .,..., „,..„.,., 91 Legitimate theaters and opera, and entertainments of nonprofit institutions (except 92 athletic) (s.). 20 Spectator sports (s.) , 93 Clubs and fraternal organisations except insurance 2l (s.) 94 Commercial participant amusements 22(s.) , 95 Parimutuel net receipts (s.) ,. 96 Other 23(s.) 97 Private education and research........ , Higher education 24 (s.) Elementary and secondary schools 24 (a.) Other 25(s.) , ..., , Religious and welfare activities 26 (s.).. Foreign travel and other, net .., Foreign travel by U.S. residents (s.) , Expenditures abroad by U.S. residents (n.d.),.... , Less: Expenditures in the United States by foreigners (s.).......... Less: Personal remittances in kind to foreigners (n.d.) 1 , 1977 1976 72,499 1978 1980 1979 106,947 117,223 2,975 4,452 6,284 2,946 1,223 8,562 14,062 15,503 22,047 3,343 4,689 6,644 2,899 1,431 7,630 9,364 15,678 17,074 23,906 3,676 4,999 6,862 2,751 1,658 1,927 1,921 5,079 1,722 11,973 2,115 2,072 5,384 1,762 13,172 2,314 2,283 5,969 1,850 15,146 2,453 2,480 6,431 1,920 17,203 79,370 4,504 6,456 10,037 11,969 16,846 2,626 3,522 4,986 2,376 5,435 7,213 11,299 13,570 6,107 7,882 12,765 15,135 2,823 4,128 5,802 2,811 1,064 1,557 1,746 4,027 1,669 9,462 1,742 1,813 4,412 1,712 10,487 6,054 9,342 10,769 15,631 2,415 3,442 4,076 1,742 777 1981 98 17,162 18,208 20,460 23,315 26,178 29,290 99 100 101 7,103 5,792 4,267 7,730 5,947 4,531 8,532 6,828 5,100 9,560 7,639 6,116 10,572 8,669 6,937 11,888 9,470 7,932 102 15,414 16,712 19,092 20,783 23,432 25,398 103 4,020 4,633 4,675 4,582 4,771 4,937 104 105 106 107 9,401 1,396 6,508 269 10,314 1,552 6,982 251 11,379 1,676 8,095 285 12,607 1,676 9,412 14,279 1,894 11,088 364 16,389 2,281 13,354 379 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. 2 Includes luggage. 3 Consists of watch, clock, and jewelry repairs, costume and dress suit rental, and miscellaneous personal services related to clothing. 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, furniture, 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, 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 claims paid, 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 current expenditures (including capital consumption allowances with capital consumption adjustment) of nonprofit hospitals, sanitariums, and nursing homes, and payments by patients to proprietary hospitals, sanitariums, 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 capital consumption allowances with capital consumption adjustment) of Blue Cross and Blue Shield plans and of other independent prepaid 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 workmen's compensation. 17 Consists of operating expenses of life insurance carriers and non~ insured pension plans, and premiums less benefits and dividends of fraternal benefit societies. Excludes expenses allocated by commercial carriers to accident and health insurance. 18 Consists of current expenditures (including capital consumption allowances with capital consumption adjustment) of trade unions and professional associations, employment agency fees, money order fees, spending for classified advertisements, and other personal business services. 19 Consists of baggage charges, coastal and inland waterway fares, travel agents' fees, and airport bus fares. 20 Consists of admissions to professional and amateur athletic events, and to racetracks including horse, dog, and auto. 81 Consists of dues and fees excluding insurance premiums: 22 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; and other commercial participant amusements. 23 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, and recreational sevices, not elsewhere classified, 24 Equals current expenditures (including capital consumption allowances with capital consumption adjustment) less receipts, such 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. 25 Consists of fees paid to commercial, business, trade, and correspondence schools, and for educational services, not elsewhere classified, and current expenditures (including capital consumption allowances with capital consumption adjustment) by research organizations and foundations for education and research. 26 Equals current expenditures (including capital consumption allowances with capital consumption adjustment) 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. NOTE—Consumer durable goods are designated (d.), nondurable goods (n.d.), and services (s,). 42 SURVEY OF CURRENT BUSINESS July Table 2.5.—Personal Consumption Expenditures by Type of Product in Constant Dollars [Billions of 1972 dollars] Line 1976 1977 1980 1979 1978 1981 1 823.1 903.2 927.6 930.5 947.6 2 126.6 138.0 146.8 147.2 137.1 140.0 3 4 5 6 7 57.3 31.1 7.5 8.9 63.5 34.4 7.7 10.8 10.6 66.9 34.8 8.0 12.9 11.1 62.6 32.9 8.1 10.0 11.6 53.8 28.3 7.5 6.2 11.7 54.2 28.8 7.2 6.0 12.2 Furniture and household equipment , Furniture, including mattresses and bedsprings (29) Kitchen and other household appliances (30) China, glassware, tableware, and utensils (31) Radio and television receivers, records, and musical instruments (87) Other durable house furnishings (32) 8 9 10 11 12 13 48.9 10.2 9.7 3.9 14.6 10.4 52.9 11.3 10.5 4.1 15.8 11.3 56.5 11.9 11.1 4.3 17.1 12.1 60.4 12.5 11.9 4.5 18.8 12.8 60.1 11.7 12.1 4.4 19.5 12.4 61.6 11.7 12.2 4.5 20.7 12.4 Other Ophthalmic products and orthopedic appliances (46) Wheel goods, durable toys, sports equipment, boats, and pleasure aircraft (86) Jewelry and watches (18) Books and maps (83) 14 15 16 17 18 20.4 2.5 8.7 6.1 3.1 21.5 2.6 9.3 6.3 3.4 23.4 2.7 10.2 6.8 3.7 24.2 2.9 10.8 6.7 23.2 2.8 10.1 6.4 3.9 24.3 2.9 10.5 7.0 3.9 19 321.9 333.4 344.4 353.1 20 21 22 23 164.1 118.4 42.4 3.3 170.6 123.1 44.5 3.0 171.8 122.8 45.9 3.0 176.1 126.0 47.0 3.1 180.2 130.5 46.6 3.1 181.4 131.5 46.8 3.1 24 25 26 139.7 15.8 8.6 145.2 16.4 9.0 146.1 16.5 9.2 149.3 17.3 9.5 152.6 17.8 154.2 17.4 9.8 27 28 29 30 63.8 9.7 35.8 18.3 67.5 10.4 37.8 19.2 73.6 11.2 41.6 20.8 76.7 11.5 43.5 21.7 78.0 11.4 44.8 21.8 82.7 11.9 48.5 22.3 Gasoline and oil (70) 31 26.8 27.7 28.3 27.4 25.7 25.7 Fuel oil and coal (40) 32 4.6 4.4 4.7 4.7 4.0 3.5 Other 33 Tobacco products (7) 34 Toilet articles and preparations (21) 35 Semidurable house furnishings (33) 36 Cleaning and polishing preparations, and miscellaneous household supplies and 37 paper products (34). Drug preparations and sundries (45)... 38 Nondurable toys and sports supplies (85) 39 Stationery and writing supplies (35) 40 Net foreign remittances (105 less 107) 41 Other (84+89) 42 62.5 13.7 7.5 5.3 8.0 63.1 13.1 7.8 5.5 8.0 66.0 13.5 8.1 5.7 8.3 68.2 13.7 8.4 5.7 8.6 68.0 13.6 8.4 5.6 8.5 69.1 14.1 8.3 5.8 8.5 10.0 7.9 2.3 0.6 7.2 10.2 8.3 2.4 0.7 7.1 10.4 9.0 2.8 0.7 7.6 10.8 9.7 3.0 0.6 7.7 10.7 10,0 3.2 0.6 7.4 10.6 10.6 3.3 0.7 7.3 Personal consumption expenditures , Durable goods Motor vehicles and parts Newautos(65) Net purchases of used autos (66) Other motor vehicles (67) Tires, tubes, accessories, and other parts (68) , Nondurable goods Food Food purchased for off-premise consumption (3) Purchased meals and beverages (4) Food furnished employees (including military) and food produced and consumed on farms (5+6). Addenda: Food excluding alcoholic beverages (8) Alcoholic beverages purchased for off-prem ise consumption (9) Other alcoholic beverages (10) Clothing and shoes Shoes and other footwear (12) Women's and children's clothing and accessories (14) Men's and boys' clothing and accessories (15+16) , Services 362.4 43 374.7 393.0 412.0 427.3 437.6 445.2 Housing Owner-occupied nonfarm dwellings —space rent (24) Tenant-occupied nonfarm dwellings—rent (25) Rental value of farm dwellings (26) Other (27) 44 45 46 47 48 134.9 91.4 35.7 3.1 4.7 141.3 96.8 36.8 3.0 4.8 148.5 102.5 38.2 2.8 5.0 154.8 108.2 38.8 2.6 5.2 159.6 112.8 39.4 2.4 5.0 162.6 115.4 40.1 2.1 5.0 Household operation Electricity (37) Gas (38) Water and other sanitary services (39) Telephone and telegraph (41) Domestic service (42) Other (43) 49 50 51 52 53 54 55 52.0 14.6 6.7 4.3 17.1 3.7 5.6 55.1 16.0 6.5 4.4 18.3 3.8 6.1 57.8 16.5 6.7 4.5 20.0 3.8 6.4 60.1 16.9 6.6 4.8 21.6 3.6 6.7 61.5 17.2 6.5 4.9 22.7 3.4 6.7 63.5 18.3 6.4 4.8 23.9 3.3 6.8 Transportation User-operated transportation (69+71+72) Purchased local transportation Transit systems (74) , Other (75+76) Purchased intercity transportation Railway (excluding commutation) (78) Bus (79) Airline (80) Other (81) 56 57 58 59 60 61 62 63 64 65 30.8 22.2 3.6 1.8 1.8 5.0 0.3 0.5 4.0 0.3 32.7 23.7 3.6 1.8 1.8 5.4 0.2 0.4 4.3 0.3 34.0 24.6 3.7 1.9 1.8 5.7 0.2 0.4 4.7 0.4 35.0 25.0 3.8 2.0 1.8 6.2 0.2 0.5 5.1 0.4 34.1 24.8 3.6 1.8 1.8 5.7 I 0.2 0.5 4.6 0.4 32.4 23.9 3.5 1.7 1.7 5.0 0.2 0.5 3.9 0.4 Other 66 Personal care 67 Cleaning, storage, and repair of clothing and shoes (17) 68 Barbershops, beauty parlors, baths, and health clubs (22) 69 Other (19) 70 Medical care 71 Physicians (47) 72 Dentists (48) 73 Other professional services (49) 74 Privately controlled hospitals and sanitariums (50) 75 Health insurance (51) 76 Personal business , 77 Brokerage charges and investment counselling (56) 78 Bank service charges, trust services, and safe deposit box rental (57) 79 Services furnished without payment by financial intermediaries except life insur- 80 ance carriers (58). Other (59+60+61+ 62) 81 Recreation 82 Admissions to specified spectator amusements (90) 83 Other (88+94+95+96+97).... 84 Private education and research 85 Higher education (99) 86 Elementary and secondary schools (100) 87 Other (101) , 88 Religious and welfare activities (102) 89 157.1 8.1 3.3 3.7 1.1 62.9 18.0 6.9 2.1 28.9 7.0 41.9 2.7 2.7 16.7 163.9 8.3 3.3 3.8 1.2 66.6 19.2 7.2 2.3 30.7 7.3 43.3 2.3 2.8 18.0 171.7 8.4 3.3 3.9 1.2 68.6 18.6 8.1 2.5 31.9 7.6 46.3 2.7 3.0 19.1 177.3 8.3 3.2 3.9 1.3 71.7 20.1 7.9 2.7 33.1 7.8 48.5 2.8 3.3 20.0 182.4 8.2 3.0 3.9 1.3 74.4 21.2 8.0 2.8 34.3 8.1 50.2 3.4 3.4 20.4 186.8 7.8 2.8 3.7 1.3 78.6 22.6 8.6 3.0 36.5 8.0 49.9 2.9 3.6 19.6 20.0 19.1 3.3 15.8 12.2 5.4 3.9 3.0 10.8 20.2 20.4 3.9 16.5 12.2 5.5 3.7 3.0 11.1 21.5 21.8 4.2 17.6 12.7 5.7 3.9 3.1 11.8 22.4 22.2 4.3 17.9 13.1 5.8 3.9 3.4 11.8 23.0 23.1 4.3 18.8 13.2 5.9 4.0 3.4 11.7 23.8 23.8 4.2 19.6 13.5 6.0 4.0 3.5 11.7 1.9 2.0 2.0 1.8 1.6 1.5 Net foreign travel (104 less 106) :. 90 NOTE,—The figures in parentheses are the line numbers of the corresponding items in table 2.4. SURVEY OF CURRENT BUSINESS July 43 Table 2.6.—Personal Income by Type of Income [Billions of dollars] Wage and salary disbursements Personal income Year and month 1976 1977.. 1978 1979 1980 1981 Commodityproducing All industries Total Manufacturing Distributive Service Government and government enterprises Other labor income Proprietors' income with inventory valuation and capital consumption adjustments Farm Nonfarm Rental income of persons Personal with dividend capital consump- income tion adjustment Personal Transfer interest payincome ments Less: Personal contributions for social insurance Addendum: Total nonfarm1 income 307,254 343,628 389,448 438,400 468,008 510,821 237.4 266.0 299.2 333.9 354,4 386.4 216.6 239.5 270.7 303.4 330.5 361.4 177.4 197.7 226.6 259.7 297.4 338.6 188.7 202.4 219.5 236.2 260.2 283.1 75.9 89.4 102.5 114.9 127.2 140.4 19.1 19.1 26.3 31.9 19.4 24.0 75.0 84.8 92.2 100.2 96.9 100.7 23.5 24.8 26.6 27.9 32.9 33.9 36.5 39.6 45.3 50.8 55.9 62.5 132.5 152,8 179.4 218.7 263.4 329.0 194.3 207.9 223.8 250.3 297.2 336.3 55.5 61.1 69.8 81.1 88.7 104.9 1,359.3 1,506.5 1,689.7 1,899.3 2,117.3 2,364.1 320,345 326,067 331,011 335,755 340,276 345,217 347,486 349,051 353,469 356,595 359,106 359,158 248.7 252.8 255.9 259.1 263.2 266.8 268.7 270.5 273.0 275.4 277.1 280.3 225.5 229.3 231.1 233.7 236.9 238.7 241.3 241.8 244.7 247.9 250.0 252.6 188.4 189.0 190.1 191.5 193.8 195.3 198.0 200.2 202.7 206.1 207.5 209.9 195.7 196.5 197.4 198.4 199.5 200.5 202.0 203.5 204.8 208.5 210.3 211.3 83.0 84.3 85.5 86.5 87.5 88.8 90.1 91.3 92.4 93.5 94.6 95.7 18.3 19.6 20.3 17.7 15.8 15.8 16.8 18.0 18.0 20.2 21.9 26.2 80.2 81.4 82.8 83.3 84.0 84.3 85.9 86.1 86.8 87.2 87.5 88.1 25.0 24.9 24.7 23.2 24.5 25.6 25.1 25.6 25.7 24.7 24.2 24.7 38.9 39.1 39.2 39.1 38.7 39.2 39.6 39.7 39.8 40.1 40.4 41.0 142,6 143.9 146.2 147.8 150.3 152.5 154.0 155.5 157,5 158.9 160.9 163.5 201.4 202.4 204.4 205.8 203.4 202.0 209.4 210.6 211.4 212.5 215.4 216.0 58.8 59.3 59.7 60.1 60.6 60.9 61.5 61.7 62.1 62.7 62.9 63.1 1,428.1 1,443.4 1,458.5 1,470.4 1,483.6 1,496.3 1,516.5 1,526.7 1,542.0 1,557.9 1,571.6 1,583.3 1,040.4 1,049.6 1,063.7 1,081.2 1,089.3 1,102.6 1,113.3 1,121.6 1,133.3 1,148.9 1,159.5 1,171.7 359,785 363,944 371,186 380,962 383,954 389,009 393,603 396,536 401,311 405,707 411,439 415,947 281.0 284.6 289.0 291.8 293.9 296.8 300.6 302.8 306.8 310.1 314.7 318.8 255.1 257.7 261.1 264.3 266.6 270.0 271.7 274.2 276.6 281.2 282.8 287.1 212.7 214.1 216.8 220.3 221.8 225.2 228.5 230.2 233.6 236.8 238.7 240.8 212.9 213.9 214.5 215.8 217.0 218.3 219.5 220.6 221.7 225.3 226.7 227.9 96.7 98.0 99.1 100.2 101.3 102.3 103.3 104.1 104.9 105.8 106.8 107.7 22.9 22.7 23.0 24.3 25.9 27.2 27.5 26.4 25.7 27.1 28.6 34.2 86.4 88.2 89.9 91.9 92.1 92.8 93.1 94.0 93.8 94.5 95.1 94.9 25.0 25.2 25.3 25.5 24.9 24.7 27.5 27.9 28.0 28.7 28.5 28.1 42.1 42.5 43.0 43.5 44.1 44.7 45.3 46.4 47.1 47.7 48.2 49.0 164.6 166.1 168.5 171.0 173.1 175.7 179.7 183.6 187.8 190.9 194.0 197.4 216.9 217.6 218.5 218.0 219.1 219.6 226.5 228.1 228.3 229.4 231.1 232.9 66.6 67.0 67.7 68.7 69.0 69.6 70,2 70.6 71.1 71.8 72.3 72.8 1,590.1 1,604.6 1,624.6 1,646.6 1,658.7 1,676.4 1,701.7 1,718.3 1,735.0 1,756.6 1,773.1 1,791.0 1,853.4 1,870.2 1,891.8 1,902.2 1,915.8 1,931.9 1,965.3 1,983.1 1,997.4 2,016.8 2,034.2 2,052.2 1,183.0 1,192.0 1,204.7 1,209.0 1,216.5 1,229.1 1,243.3 1,253.2 1,267.0 1,273.9 1,284.8 1,295.0 420,236 423,878 429,462 430,073 433,274 436,607 441,971 443,019 448,115 449,110 450,425 454,636 322.7 325.3 328.3 328.4 330.0 332.3 336.8 336.6 340.5 341.0 341.0 343.6 289.8 292.4 295.7 293.9 297.3 302.0 304.6 308.0 311.2 311.9 316.1 317.1 243.9 246.7 249.1 251.5 252.7 256.1 261.0 264.8 269.4 270.2 273.5 277.3 229.0 229.1 230.3 233.4 233.1 234.4 235.7 237,4 238.3 242.7 244.7 246.0 108.9 110.2 111.4 112.2 113.3 114.3 115.5 116.5 117.5 118.7 119.7 120.8 30.9 32.3 34.3 34.9 35.2 35,2 33.6 30.8 27.5 29.3 30.3 28.8 95.4 96.2 97.6 97.4 99.1 100.4 101.8 103.3 102.7 103.1 102.2 102.8 28.1 28.3 28.3 26.7 27.3 26.9 27.2 28.0 26.5 29.1 29.2 29.3 49.7 50.1 50.1 50.2 50.7 50.7 50.5 50.6 50.8 51.3 51.8 52.7 201.1 204.2 207.2 209.5 211.8 214.3 219.1 223.8 228.1 231.8 235.0 239.0 234.8 235.9 237.9 241.6 242.2 242.0 255.6 258.7 259.7 262.3 264.6 267.8 78.5 78.9 79.6 79.3 80.2 80.8 81.5 81.8 82.5 82.8 83.4 84.0 1,804.0 1,819.0 1,838.1 1,847.8 1,860.9 1,876.9 1,911.6 1,932.1 1,949.3 1,966.7 1,982.9 2,002.2 August September October November December 2,076.6 2,084.5 2,099.2 2,098.0 2,107.7 2,123.0 2,162.5 2,183.3 2,210.0 2,236.8 2,260.2 2,283.0 1,309.7 1,319.3 1,330.1 1,326.6 1,331.7 1,338.1 1,345.3 1,361.5 1,374.6 1,397.2 1,414.4 1,425.1 459,908 463,812 464,451 460,191 457,907 457,780 457,635 466,536 472,641 478,581 485,868 490,785 347.5 350.9 352.5 348.9 346.3 345.6 346.8 353.6 358.0 362.7 368.6 371.8 321.4 322.2 325.9 323.9 325.3 325.7 329.6 331.7 334.5 339.5 342.3 343.8 279.6 282.8 287.7 288.5 291.4 296.0 297.8 301.5 304.8 308.6 314.0 316.7 248.8 250.4 252.1 254.0 257.1 258.6 260.3 261.8 262.6 270.5 272.3 273.8 121.9 123.1 124.5 125.1 125.9 126.7 127.5 128.4 129.3 130.4 131.5 132.7 25.5 21.7 19.1 16.6 15.2 16.0 18.6 20.8 21.5 19.4 18.5 19.8 103.1 100.3 98.2 94.9 92.1 92.0 94.0 94.2 97.2 98.0 98.8 99.7 30.4 30.4 31.7 32.3 32.7 33.0 33.3 33.8 34.4 34.3 34.2 34.0 53.4 54.0 54.8 55.3 55.6 56.2 56.2 56.6 56.7 56.9 57.3 58.0 245.1 249.6 252.6 254.2 257.6 262.1 263.8 265.9 269.5 273.7 279.9 287.0 274.2 273.2 275.2 279.5 283.7 286.3 312.0 311.3 316.8 318.0 317.6 319.1 86.8 87.1 86,9 86.4 86.8 87.4 88.1 89.3 89.9 91.1 91.9 92.4 2,029,2 2,040.3 2,057.0 2,058.2 2,069.2 2,083.6 2,120.1 2,138.3 2,164.2 2,192.8 2,217.0 2,238.2 1981 January February March April May June . July August , September October November December 2,308.1 2,330.1 2,351.7 2,364.5 2,379.1 2,398.4 2,436.3 2,459.6 2,478.6 2,487.2 2,499.0 2,497.6 1,444.2 1,453.0 1,461.1 1,468.8 1,479.8 1,489.6 1,501.3 1,513.6 1,522.1 1,528.9 1,534.2 1,530.5 498,533 497,939 501,022 502,630 506,791 512,072 517,339 520,180 520,236 520,418 518,650 514,040 375.7 376.4 378.8 383.1 387.8 389.7 391.9 393.7 393.1 392.1 389.4 384.7 349.3 352.7 354.3 356.5 358.9 360.6 363.3 366.7 369.6 367.7 369.3 367.8 321.5 326.1 328.2 331.0 334.3 335.9 338.6 343.9 345.8 349.7 353.8 355.0 274.9 276.3 277.6 278.7 279.9 281.0 282.1 282.8 286.5 291.1 292.5 293.6 134.0 135.3 136.5 137.7 138.2 139.4 140.9 142.2 143.5 144.7 145.8 146.9 20.7 22.0 22.0 22.3 22.1 23.2 26.1 28.2 27.2 26.3 24.7 22.8 101.3 101.4 102.7 101.8 101.4 100.5 100.5 100.4 100.3 99.0 100.1 99.5 33.7 34.3 35.1 34.3 34.1 33.6 33.4 33.4 33.9 33.6 33.6 33.6 58.7 59.4 59,5 60.6 61.5 62.4 63.6 64.2 64.7 65.0 65.2 65.4 296.1 305,1 313.0 316.4 320.2 325.2 332.1 340.0 346.9 349.7 351.1 352.1 321,4 322.1 324.8 326.0 325.8 329.2 344.1 343.9 346.5 347.1 351.5 353.6 102,1 102.5 103.0 103.5 104.1 104.6 105.6 106.2 106.3 107.0 107.2 106.8 2,261.9 2,282.3 2,303.4 2,315.4 2,329.8 2,347.6 2,382.2 2,403.0 2,422.7 2,431.8 2,444.6 2,444.6 2,499.1 2,513.8 2,518.6 2,534.3 2,552.7 2,561.4 1,535.7 1,546.6 1,542.6 1,546.6 1,559.5 1,561.6 513,514 517,147 512,220 511,591 514,652 513,458 383.7 387.6 384.1 383,9 386.0 386.5 369.7 373,0 371.4 372.5 376.9 377.6 357.0 360.1 361.4 363.7 367.9 369.1 295.4 296.4 297.6 298.8 300.1 301.4 148.0 149,1 150.2 151.3 152.5 153.6 19,9 17.3 16.3 15.7 15.2 15.0 98.6 98.4 98.8 99.3 99.9 100,8 33.7 33.9 34.0 34.1 34.2 34.3 65.6 65.9 65.9 66.1 66.2 66.1 355.5 359.8 363.8 368.0 371.8 375.6 352.4 353.8 357,5 363.9 365.1 365.9 110.3 110.9 110.6 110.8 111.7 111.5 2,448.6 2,465.5 2,470.8 2,486.6 2,505.1 2,513.4 . , 1,391.2 1,540.4 1,732.7 1,951.2 2,160.4 2,415.8 889.9 983.2 1,106.3 1,237.6 1,356.1 1,493.9 . 1,460.4 1,477.1 1,493.1 1,502.6 1,514.1 1,526.9 1,548.2 1,559.7 1,575.3 1,593.5 1,608.9 1,625.0 929.9 940.9 949.7 959.3 970.5 979.7 988.7 994.5 1,005.7 1,019.1 1,027.0 1,033.0 1978 January February March . April May June July August September October. November December 1,628.5 1,642.9 1,663.4 1,686.9 1,700.9 1,720.1 1,745.9 1,761.6 1,777.8 1,801.2 1,819.5 1,843.3 1979 January February March April May June July August September October November December 1977 January February March , April May June July .. . August September October November December ..... 1980 January February .. .. March April May June . July 1982 January February March April May June , 1 s 1 Equals personal income less the following farm components: wages and salaries, other labor income, proprietors' income with inventory valuation and capital consumption adjustments, and net interest. These components plus employer contributions for social insurance and farm corporate profits with inventory valuation and capital consumption adjustments equal income shown annually in Table 1.18. 44 SURVEY OF CURRENT BUSINESS July Table 2.7.—Personal Income and Its Disposition Billions of dollars Disposable personal income Less: Personal outlays Year and month Personal income Equals: Disposable personal income Total Personal consumption expenditures Interest paid by consumers to business Personal transfer payments to foreigners (net) Equals: Personal saving Total, billions of 1972 dollars /Current / dollars 1972 dollars Population (mid— period, thousands) Personal saving as a percent of disposable personal1 income (percent) 1,391.2 1,540.4 1,732.7 1,951.2 2,160.4 2,415.8 196.8 226.4 258.7 301.0 336.3 386.7 1,194.4 1,314.0 1,474.0 1,650.2 1,824.1 2,029.1 1,111.9 1,236.0 1,384.6 1,553.5 1,717.9 1,898.9 1,084.3 1,204.4 1,346.5 1,507.2 1,667.2 1,843.2 26.7 30.7 37.4 45.5 49.9 55.1 0.9 0.9 0.8 0.8 0.8 0.6 82.5 78.0 89.4 96.7 106.2 130.2 906.8 942.9 988.8 1,015.7 1,018.0 1,043.1 5,477 5,965 6,621 7,331 8,012 8,827 4,158 4,280 4,441 4,512 4,472 4,538 218,086 220,289 222,629 225,106 227,654 229,872 6.9 5.9 6.1 5.9 5.8 6.4 1,460.4 1,477.1 1,493.1 1,502.6 1,514.1 1,526.9 1,548.2 1,559.7 1,575.3 1,593.5 1,608.9 1,625.0 212.5 232.4 219.9 221.4 224.8 221.7 223.3 225.1 228.4 233.1 235.8 238.2 1,247.9 1,244.7 1,273.1 1,281.2 1,289.3 1,305.2 1,324.9 1,334.7 1,346.8 1,360.4 1,373.1 1,386.8 1,179.9 1,195.7 1,201.6 1,208.9 1,218.2 1,226.0 1,240.5 1,247.9 1,257.3 1,271.2 1,287.8 1,297.3 1,150.5 1,166.0 1,171.5 1,178.4 1,187.4 1,194.7 1,208.9 1,215.8 1,224.7 1,238.1 1,254.2 1,263.2 28.5 28.7 29.2 29.6 30.0 30.4 30.8 31.3 31.7 32.3 32.8 33.4 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.8 0.8 0.8 0.8 0.8 68.0 49.0 71.5 72.3 71.1 79.2 84.4 86.8 89.6 89.3 85.3 89.5 919.2 910.8 928.5 930.7 932.6 938.4 949.2 950.9 956.4 962.3 965.2 970.3 5,691 5,673 5,798 5,829 5,862 5,929 6,013 6,051 6,100 6,156 6,207 6,264 4,192 4,151 4,228 4,235 4,240 4,263 4,308 4,311 4,332 4,354 4,364 4,383 219,262 219,424 219,594 219,772 219,953 220,143 220,349 220,573 220,796 221,007 221,206 221,390 4.9 5.0 5.1 5.6 5.7 6.0 6.3 6.5 6.6 6.5 6.4 6.7 1,628.5 1,642.9 1,663.4 1,686.9 1,700.9 1,720.1 1,745.9 1,761.6 1,777.8 1,801.2 1,819.5 1,843.3 239.7 239.7 238.3 245.1 250.2 258.6 262.1 265.3 269.3 274.5 278.5 282.8 1,388.8 1,403.2 1,425.1 1,441.8 1,450.7 1,461.6 1,483.8 1,496.2 1,508.5 1,526.7 1,541.1 1,560.5 1,287.6 1,312.3 1,334.2 1,352.0 1,368.0 1,383.0 1,388.6 1,411.5 1,419.9 1,436.5 1,452.4 1,469.3 1,253.1 1,277.4 1,298.6 1,315.8 1,331.0 1,345.1 1,350.1 1,372.3 1,380.0 1,395.8 1,411.1 1,427.2 33.8 34.2 34.9 35.5 36.3 37.1 37.8 38.5 39.1 39.8 40.5 41.2 0.7 0.7 0.7 0.8 0.8 0.8 0.7 0.7 0.8 0.9 0.9 0.9 101.2 90.9 90.9 89.8 82.6 78.5 95.2 84.8 88.6 90.2 88.6 91.2 966.5 971.9 981.7 986.0 981.2 981.3 992.3 994.9 995.4 999.7 1,002.8 1,011.7 6,269 6,329 6,422 6,492 6,526 6,569 6,663 6,712 6,759 6,834 6,893 6,973 4,362 4,384 4,424 4,440 4,414 4,411 4,456 4,463 4,460 4,475 4,485 4,521 221,553 221,711 221,892 222,084 222,278 222,482 222,697 222,933 223,168 223,383 223,585 223,781 6.7 6.7 6.4 6.1 5.8 5.8 5.8 6.0 5.8 5.8 5.8 6.0 June....... ... July August,. September,....,... October November.,....,,.. December,, 1,853.4 1,870.2 1,891.8 1,902.2 1,915.8 1,931.9 1,965.3 1,983.1 1,997.4 2,016.8 2,034.2 2,052.2 281.6 284.4 286.9 287.5 292.3 298.0 303.9 307.1 311.9 315.3 319.3 323.9 1,571.8 1,585.7 1,604.9 1,614.6 1,623.5 1,633.9 1,661.3 1,676.0 1,685.5 1,701.4 1,714.8 1,728.3 1,472.1 1,492.1 1,504.1 1,507.5 1,523.7 1,532.3 1,550.1 1,575.1 1,601.8 1,609.8 1,628.6 1,644.1 1,429.6 1,449.0 1,460.4 1,463.1 1,478.5 1,486.5 1,503.5 1,527.7 1,553.8 1,560.7 1,579.0 1,594.2 41.8 42.4 43.1 43.8 44.5 45.2 45.8 46.5 47.2 47.9 48.5 48.9 0.8 0.7 0.6 0.7 0.7 0.7 0.8 0.8 0.9 1.2 1.1 1.1 99.6 93.6 100.8 107.1 99.8 101.5 111.2 101.0 83.6 91.6 86.2 84.2 1,008.8 1,009.1 1,015.5 1,013.9 1,011.5 1,009.8 1,019.7 1,021.3 1,018.6 1,018.8 1,020.7 1,020.7 7,018 7,074 7,154 7,191 7,224 7,263 7,378 7,435 7,469 7,532 7,584 7,636 4,504 4,502 4,527 4,516 4,501 4,489 4,529 4,531 4,514 4,510 4,514 4,510 223,973 224,150 224,333 224,529 224,734 224,948 225,174 225,419 225,662 225,893 226,120 226,339 6.0 6.2 6.3 6.4 6.3 6.4 6.3 5.9 5.5 5.1 5.1 5.0 1980 January February March . April May , June Julv August... September October November... December 2,076.6 2,084.5 2,099.2 2,098.0 2,107.7 2,123.0 2,162.5 2,183.3 2,210.0 2,236.8 2,260.2 2,283.0 316.9 319.4 323,3 324.8 328.7 332.3 334.5 340.0 344.8 351.7 357.5 362.1 1,759.8 1,765.2 1,775.9 1,773.2 1,779.0 1,790.7 1,828.0 1,843.3 1,865.2 1,885.0 1,902.7 1,920.9 1,667.7 1,664.2 1,675.3 1,666.3 1,663.5 1,687.3 1,715.9 1,736.2 1,745.3 1,776.5 1,799.3 1,816.9 1,617.6 1,613.8 1,624.9 1,616.0 1,613.4 1,637.3 1,665.7 1,685.7 1,694.5 1,725.0 1,747.7 1,764.8 49.3 49.7 49.7 49.6 49.4 49.2 49.4 49.7 50.0 50.4 50.8 51.3 0.8 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 1.1 0.9 0.8 92.1 101.0 100.6 106.9 115.5 103.4 112.1 107.1 120.0 108.6 103.4 104.0 1,030.1 1,021.6 1,016.6 1,008.1 1,004.7 1,003.6 1,018.2 1,016.8 1,019.8 1,023.5 1,025.2 1,028.4 7,768 7,785 7,826 7,808 7,826 7,869 8,026 8,085 8,174 8,253 8,324 8,397 4,547 4,506 4,480 4,439 4,420 4,410 4,470 4,460 4,469 4,481 4,485 4,496 226,540 226,724 226,916 227,108 227,329 227,560 227,761 227,977 228,195 228,401 228,586 228,749 5.3 5.5 5.8 6.1 6.1 6.1 5.9 6.1 6.0 5.9 5.5 5.4 2,308.1 2,330.1 2,351.7 2,364.5 2,379.1 2,398.4 2,436.3 2,459.6 2,478.6 2,487.2 2,499.0 2,497.6 367.2 371.0 375.5 378.2 385.6 388.7 394.3 399.0 401.1 391.2 393.9 394.7 1,940.9 1,959.1 1,976.2 1,986.3 1,993.5 2,009.7 2,042.0 2,060.6 2,077.5 2,096.0 2,105.1 2,103.0 1,839.8 1,851.6 1,867.1 1,867.5 1,870.1 1,885.9 1,905.6 1,932.7 1,938.7 1,930.2 1,943.3 1,954.7 1,787.5 1,798.8 1,813.5 1,813.0 1,815.0 1,830.1 1,849.5 1,875.9 1,881.2 1,872.1 1,885.1 1,896.4 51.8 52.3 53.1 53.8 54.3 54.9 55.5 56.1 56.9 57.4 57.5 57.6 0.5 0.5 0.5 0.7 0.8 0.8 0.7 0.6 0.6 0.6 0.7 0.7 101.1 107.5 109.1 118.8 123.4 123.8 136.4 127.9 138.8 165.8 161.8 148.3 1,031.9 1,035.9 1,037.2 1,037.2 1,034.2 1,038.4 1,046.1 1,050.1 1,050.1 1,054.1 1,053.0 1,048.6 8,479 8,553 8,622 8,660 8,685 8,748 8,881 8,953 9,018 9,090 9,123 9,107 4,508 4,523 4,525 4,522 4,506 4,520 4,550 4,563 4,558 4,572 4,563 4,541 228,905 229,050 229,203 229,366 229,536 229,716 229,920 230,146 280,369 230,574 230,754 230,926 5.4 5.4 5.7 5.9 6.1 6.3 6.3 6.5 6.9 7.4 7.6 7.2 2,499.1 2,513.8 2,518.6 2,534.3 2,552.7 2,561.4 389.9 396.3 394.2 387.7 400.8 404.0 2,109.2 2,117.5 2,124.4 2,146.5 2,151.9 2,157.4 1,965.8 1,986.9 1,981.1 1,994.0 2,023.1 2,012.7 1,907.4 1,928.3 1,922.4 1,935.0 1,963.9 1,953.4 57.7 57.7 57.9 58.2 58.3 58.4 0.8 0.8 0.9 0.9 0.9 0.9 143.4 130.6 143.3 152.5 128.8 144.7 1,042.9 1,047.7 1,050.0 1,057.5 1,055.4 9,127 9,157 9,181 9,270 9,287 9,304 4,513 4,531 4,538 4,567 4,555 231,094 231,246 231,397 231,554 231,713 231,879 6.7 6.6 6.7 6.6 6.6 1976 1977 1978 1979 1980 1981 ., ,. 1977 January February March April May June July August September October November December 1978 January February March April May June July..... August September October November December 1979 January . February March April May 1981 January February March April . May June July August September October . ,. November December 1982 January February March April May... 1 Less: Personal tax and nontax payments Per capita Monthly estimates equal the three-month moving average of personal saving as a percentage of the three-month moving average of disposable personal income. 45 SURVEY OF CURRENT BUSINESS July Table 2.8.—Personal Consumption Expenditures by Major Type of Product [Billions of dollars] Durable goods Personal consumption expenditures Year and month Total Motor vehicles and parts Furniture and household equipment Services Nondurable goods Other Total Food Clothing and shoes Gasoline and oil Other Total Housing Household operation Transportation Other 1976 1977 1978.. 1979 1,084.3 1,204.4 1,346.5 1,507.2 156.8 178.2 200.2 213.4 72.6 84.8 95.7 96.6 59.1 65.7 72.8 81.8 25.2 27.7 31.7 35.1 441.7 478.8 528.2 600.0 230.6 249.8 275.9 311.6 75.3 82.6 92.4 99.1 44.0 48.1 51.2 66.6 91.9 98.2 108.8 122.8 485.7 547.4 618.0 693.7 166.5 185.9 209.6 236.0 71.6 81.1 90.1 99.3 38.6 46.4 51.2 56.3 209.0 234.1 267.1 302.0 1980 1981 1,667.2 1,843.2 214.3 234.6 89.7 98.6 86.3 93.4 38.3 42.6 670.4 734.5 343.7 375.3 104.7 114.6 87.0 96.8 135.0 147.9 782.5 874.1 266.0 295.3 111.7 128.9 62.9 65.4 341.9 384.4 1977 January...,, February March April May June , , July August September October November.. ........ December 1,150.5 1,166.0 1,171.5 1,178.4 1,187.4 1,194.7 1,208.9 1,215.8 1,224.7 1,238.1 1,254.2 1,263.2 165.8 171.1 176.7 174.9 174.7 177.0 177.7 180.2 182.4 182.3 186.4 189.4 81.0 82.9 86.4 83.1 83.1 85.2 83.5 85.0 86.5 84.9 87.0 89.2 60.7 63.1 64.4 65.0 64.5 64.5 66.5 66.3 66.7 67.9 69.0 70.0 24.1 25.1 25.9 26.9 27.1 27.2 27.7 28.9 29.2 29.5 30.4 30.1 462.0 468.6 467.3 472.3 475.7 475.4 480.9 479.7 480.8 488.5 497.9 496.7 242.5 245.1 243.9 245.5 250.6 250.4 251.7 250.0 249,9 253.0 259.6 255.9 77.4 80.2 79.8 80.9 80.5 80.6 83.0 83.0 83.3 86.5 88.1 88.5 47.3 47.0 47.3 49.2 48.4 48.2 48.6 48.3 47.9 47.9 48.6 48,9 94.9 96.4 96.3 96.7 96.2 96.2 97.6 98.4 99.7 101.2 101.6 103.4 522.6 526.3 527.5 531.1 537,0 542.3 550.3 555.9 561.5 567.3 570.0 577.1 177.9 179.4 180.5 181.8 183.0 184.2 186.0 187.7 189.6 191.3 193.5 195.6 79.6 79.4 77.2 77.6 77.1 80.2 81.9 82.8 83.4 85.5 82.9 85.3 42.4 44.0 44.9 45.0 46.2 46.2 46.7 47.9 48.4 48.0 48.4 48.5 222.7 223.6 224.9 226.7 230.6 231.6 235.7 237.6 240.1 242.5 245.2 247.8 1978 January February , • March April May .. .. ,. .. June July August September October... November December 1,253.1 1,277.4 1,298.6 1,315.8 1,331.0 1,345.1 1,350.1 1,372.3 1,380.0 1,395.8 1,411.1 1,427.2 177.1 185.4 192.2 200.5 202.9 204.4 201.7 209.1 200.3 206.7 209.9 212.2 81.8 86.1 91.3 97.3 99.2 100.4 97.3 103.6 93.6 99.3 99.5 99.2 66.6 68.9 69.7 71.9 72.3 72.5 72.5 73.4 74.7 75.2 77.2 79.0 28.7 30.3 31.2 31.4 31.4 31.5 31.9 32.1 32.1 32.1 33.2 34.0 495.3 503.3 509.5 514.4 519.3 523.8 528.7 534.7 541.5 547.2 555.0 566.3 259.4 261.9 264.6 268.0 270.5 272.3 276.7 279.5 282.7 287.4 290.7 296.7 84.9 87.0 89.1 90.8 91.5 93.0 92.9 93.7 95.1 95.0 96.6 98.7 48.7 49.5 49.6 49.7 49.7 50.3 49.5 51.8 53.0 53.3 54.6 55.1 102.3 104.9 106.1 105.9 107.5 108.2 109.5 109.6 110.7 111.4 113.1 115.8 580.8 588.8 597.0 600.9 608.7 616.9 619.8 628.6 638.2 642.0 646.2 648.6 197.5 199.5 201.5 203.8 206.3 208.6 210.4 212.7 215.4 217.6 220.2 222.2 85.7 87.7 89.7 87.6 88.9 89.3 89.9 91.0 92.4 92.8 92.7 93.3 48.5 49.4 50.4 51.0 50.7 51.4 51.4 51.6 52.2 52.8 52.6 51.9 249.0 252.1 255.4 258.4 262.8 267.6 268.0 273.2 278.2 278.8 280.7 281.2 1979 January February March April May...,. June July August September October November December 1,429.6 1,449.0 1,460.4 1,463.1 1,478.5 1,486.5 1,503.5 1,527.7 1,553.8 1,560.7 1,579.0 1,594.2 207.6 211.8 214.0 209.3 211.8 205.0 213.6 216.0 222.5 213.7 216.4 219.7 98.2 99.5 100.6 95.3 96.8 88.3 96.9 96.6 101.6 93.2 94.4 97.3 76.9 78.3 79.6 79.5 79.9 81.2 81.9 84.0 84.6 84.6 85.3 85.7 32.4 33.9 33.8 34.6 35.0 35.5 34.8 35.4 36.2 36.0 36.7 36.7 562.6 570.0 575.3 578.4 586.0 593.8 597.2 608.7 622.0 624.8 636.7 644.9 297.9 299.7 302.3 303.5 305.4 310.2 310.6 310.6 318.2 321.1 326.2 333.0 94.7 94.7 97.5 96.3 97.6 97.2 99.2 101.0 102.1 101.6 103.5 104.1 56.0 58.5 58.6 60.2 61.9 64.5 65.1 72.1 74.2 74.9 76.5 76.4 113.9 117.0 116.9 118.3 120.9 121.8 122.3 125.1 127.6 127.2 130.5 131.5 659.5 667.2 671.2 675.4 680.8 687.7 692.8 703.0 709.3 722.2 726.0 729.5 224.0 225.9 227.0 228.7 231.7 233.8 235.8 239.1 242.2 246.3 248.1 250.0 95.5 97.6 97.0 97.8 97.5 98.0 98.0 100.3 100.6 102.4 104,1 103.0 52.2 53.0 54.2 54.9 55.6 56.6 56.8 56.9 58.0 59.3 59.5 59.0 287.8 290.8 293.0 294.0 296.0 299.3 302.2 306.7 308.4 314.3 314.3 317.4 1980 January , February March April May .. . June July ,. August September October November.. December 1,617.6 1,613.8 1,624.9 1,616.0 1,613.4 1,637.3 1,665.7 1,685.7 1,694.5 1,725.0 1,747.7 1,764.8 228.6 220.5 213.4 200.6 195.6 200.8 213.6 213.2 211.3 224.0 225.0 225.2 104.8 97.1 91.7 80.9 75.8 80.8 90.5 88.3 85.5 95.4 93.1 92.7 86.4 85.8 84.5 83.5 83.6 83.0 85.2 86.4 86.5 88.3 91.4 91.4 37.4 37.6 37.3 36.2 36.2 36.9 37.8 38.5 39.3 40.3 40.5 41.0 648.7 648.2 654.9 655.0 652.1 662.8 665.6 677.2 678,1 687.9 703.8 709.7 333.9 331.1 336.7 337.2 333.1 338.9 342.0 347.4 349.8 351.2 359.4 363.3 104.4 102.6 101.9 101.7 102.3 102.6 103.4 106.4 104.6 107.4 110.0 109.4 79.6 82.2 84.1 85.5 85.0 87.8 86.1 87.6 87.2 90.6 93.0 94.7 130.7 132.2 132.2 130.7 131.7 133.6 134.1 135.8 136.5 138.6 141.4 142.4 740.3 745.0 756.6 760.3 765.7 773.7 786.5 795.3 805.0 813.2 818.9 829.8 252.4 255.0 257.1 258.2 261.5 265.1 267.1 269.3 272.3 275.9 277.9 280.4 102.8 103.3 109.3 109.8 . 108.7 108.1 113.2 115.1 115.9 117.0 117.9 119.6 61.3 61.1 61.2 61.7 60.7 62.4 63.4 64.4 64.5 64.8 63.6 65.4 323.8 325.6 329,0 330.6 334.7 338.2 342.8 346.5 352.4 355.5 359.4 364.4 1981 January...., February March .... April May , June July August September October November December 1,787.5 1,798.8 1,813.5 1,813.0 1,815.0 1,830.1 1,849.5 1,875.9 1,881.2 1,872.1 1,885.1 1,896.4 232.3 238.2 240.3 232.7 229.0 229.5 233.9 248.7 241.1 228.1 230.7 230.1 97.9 103.5 104.9 96.0 94.0 92.8 96.9 110.7 104.3 93.2 95.4 93.2 92.8 93.2 93.2 98.8 92.3 93.8 92.9 94.4 94.2 92.9 93.2 93.8 41.5 41.5 42.2 43.0 42.7 42.9 44.1 43.5 42.7 42.0 42.1 43.1 716.0 720.9 725.0 730.1 725.1 733.6 735.6 741.7 746.4 742.7 745.9 751.0 364.8 369.3 372.2 372.5 370.1 373.6 374.8 378.0 381.2 378.7 382.0 386.3 110.7 113.4 112.8 114.4 112.7 114.7 114.8 117.0 115.9 115.7 115.5 116.9 94.8 95.2 95.5 96.3 96.3 97.6 96.9 97.3 98.9 97.6 97.6 97.3 145.7 142.9 144.6 146.8 146.0 147.8 149.2 149.5 150.4 150.8 150.8 150.4 839.2 839.8 848.2 850.1 861.0 867.0 879.9 885.5 893.7 901.3 908,5 915.3 282.6 284.4 286.3 288.7 291.8 293.3 295.1 299.0 301.9 304.8 306.8 309.3 122.3 119.9 119.8 121.1 125.8 128.9 134.0 132.3 132.1 136.6 134.8 139.3 67.0 66.4 65.2 64.8 64.3 63.8 65.4 65.3 65.7 65.7 66.0 65.4 367.3 369.1 376.9 375.5 379.0 381.0 385.3 388.9 393.9 394.1 400.8 401.3 1982 January February March April May June . 1,907.4 1,928.3 1,922.4 1,935.0 1,963.9 1,953.4 234.7 240.1 238.8 238.8 251.0 238.0 101.3 104.6 103.7 102.2 112.9 99.8 89.7 91.9 91.5 92.8 94.0 94.0 43.7 43.7 43.6 43.8 44.2 44.2 746.0 755.9 745.4 747.0 760.4 762.2 383.6 391.3 388.9 391.4 397.3 400.4 114.6 120.7 117.1 117.0 121.4 120.1 98.6 95.7 91.6 88.6 91.4 91.4 149.0 148.2 147.8 150.0 150.3 150.4 926.7 932,3 938.2 949.2 952.4 953.2 312.3 314.5 316.7 317.9 320.7 323.0 145.1 140.9 138.2 145.4 143.6 141.3 65.2 66.7 68.7 70.3 71.2 70.1 404.0 410.2 414.6 415.7 416.8 418.8 ,.. ,. 46 SURVEY OF CURRENT BUSINESS July Table 2.9.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars [Billions of 1972 dollars] Durable goods Year and month 1976 1977 1978 1979 Personal consumption expenditures Total Services Nondurable goods Motor vehicles and parts Furniture and household equipment | Other Total Food Clothing and shoes Gasoline and oil Other Total Housing Household operation Transportation Other 823.1 864.3 903.2 927.6 126.6 138.0 146.8 147.2 57.3 63.5 66.9 62.6 48.9 52.9 56.5 60.4 20.4 21.5 23.4 24.2 321.9 333.4 344.4 353.1 164.1 170.6 171.8 176.1 63.8 67.5 73.6 76.7 26.8 27.7 28.3 27.4 67.2 67.6 70.8 72.9 374.7 393.0 412.0 427.3 134.9 141.3 148.5 154.8 52.0 55.1 57.8 60.1 30.8 32.7 34.0 35.0 157.1 163.9 171.7 177.3 1980 1981 930.5 947.6 137.1 140.0 53.8 54.2 60.1 61,6 23.2 24.3 355.8 362.4 180.2 181.4 78.0 82.7 25.7 25.7 72.0 72.6 437.6 445.2 159.6 162.6 61.5 63.5 34.1 32.4 182.4 186.8 1977 January February ... March April May June July August September October November December 847.4 853.2 854.4 856.0 858.9 858.9 866.0 866.1 869.7 875.8 881.7 883.8 129.8 134.0 137.9 136.9 136.3 137.4 137.7 139.2 140.6 140.1 142.3 143.6 61.5 62.9 65.2 63.1 62.9 64.1 62.7 63.6 64.5 62.8 63.8 64.9 49.4 51.4 52.4 52.7 52.2 52.0 53.5 53.2 53.5 54.4 55.1 55.7 18.9 19.7 20.4 21.2 21.2 21.3 21.5 22.4 22.6 22.9 23.4 23.0 330.0 331.9 330.1 331.8 333.0 330.7 333.6 331.4 332.1 336.6 340.5 338.9 170.9 170.6 169.1 169.3 172.6 171.4 171.6 169.1 168.9 170.4 173.2 170.6 64.2 66.1 65.8 66.8 66.2 65.8 67.2 67.2 67.8 70.2 71.1 71.2 28.3 27.6 27.6 28.3 27.6 27.2 27.7 27.6 27.5 27.5 27.6 27.8 66.5 67.6 67.6 67.6 66.6 66.3 67.1 67.5 67.9 68.6 68.5 69.3 387.6 387.4 386.5 387.3 389.6 390.8 394.7 395.6 397.0 399.1 398.9 401.2 139.5 139.6 139.8 140.0 140.3 140.5 141.2 141.7 142.2 142.7 143.5 144.2 55.1 54.8 53,3 53.5 53.2 54.8 55.5 55.7 55.9 56.9 55.4 56.6 31.4 32.3 32.6 32.4 32.6 32.3 32.7 33.2 33.3 33.2 33.3 33.1 161.6 160.7 160.8 161.3 163.5 163.1 165.2 165.1 165.5 166.3 166.7 167.4 872.1 884.8 894.6 899.9 900.3 903.1 902.9 912.5 910.5 914.0 918.2 925.3 134.1 139.9 144.1 149.4 150.1 150.0 147.3 151.4 145.1 148.7 150.2 151.3 59.3 62.2 65.4 69.5 70.2 70.3 67.5 71.3 64.3 68.2 67.7 67.1 52.9 54.8 55.2 56.4 56.4 56.3 56.2 56.6 57.3 57.2 58.5 59.7 21.8 23.0 23.5 23.5 23.4 23.4 23.6 23.6 23.5 23.4 24.0 24.5 335.6 339.8 342.0 341.2 340.8 341.0 342.7 345,1 348.0 348.4 351.2 356.9 171.3 171.2 171.3 170.6 169.6 168.4 170.2 171.2 172.5 173.4 174.5 177.0 68.2 70.9 72.3 72.7 72.6 73.7 73.9 74.5 75.5 75.0 76.1 77.8 27.8 28.2 28.2 28.1 28.0 27.9 27.4 28.3 28.8 28.7 28.9 28.9 68.2 69.6 70.2 69.7 70.5 71.1 71.2 71.1 71.2 71.3 71.8 73.2 402.4 405.0 408.5 409.2 409.5 412.1 412.9 416.0 417.5 416.8 416.8 417.2 144.7 145.4 146.1 146.8 147.5 148.3 148.9 149.6 150.3 150.9 151.5 151.9 56.8 57.4 58.4 56.8 57.3 57.1 57.3 58.0 58.7 58.6 58.6 58.4 32.9 33.3 33.9 34.1 33.9 34.3 34.2 34.4 34.5 34.3 34.2 33.9 168.0 168.9 170.2 171.5 170.7 172.4 172.4 174.0 174.0 173.1 172.6 172.9 June July August September October November December 917.6 922.1 924.0 918.7 921.2 918.7 922.9 930.9 939.0 934.6 939.8 941.5 147.0 149.1 149.6 145.7 146.8 142.3 146.9 148.5 151.9 145.5 146.1 147.2 65.9 66.3 66.3 62.2 63.0 57.2 62.3 62.3 65.1 59.6 59.9 61.3 57.8 58.6 59.4 59.1 59.3 60.3 60.6 62.0 62.2 61.9 61.9 61.8 23.3 24.1 23.9 24.3 24.5 24.7 24.0 24.3 24.5 24.1 24.3 24.2 349.6 349.7 350.2 348.3 349.1 350.1 349.5 353.1 357.6 356.4 360.6 362.5 174.7 173.2 173.5 173.3 173.2 175.4 174.9 175.1 178.3 178.4 180.2 182.5 74.6 74.5 76.1 75.0 75.6 75.4 76.8 78.0 78.4 77.9 79.3 79.3 29.0 29.6 28.7 27.7 27.2 26.4 25.5 27.1 27.1 26.9 26.9 26.3 71.3 72.4 72.0 72.3 73.2 72.9 72.3 72.9 73.8 73.2 74.1 74.4 420.9 423.3 424.2 424.8 425.2 426.3 426.5 429.3 429.5 432.7 433.2 431.8 152.3 152.9 153.3 153.7 154.0 154.5 154.8 155.4 156.0 156.5 157.0 157.4 59.6 60.4 60.2 60.4 59.9 59.6 59.3 60.2 60.0 60.9 61.2 59.8 34.2 34.8 35.3 35.1 35.2 35.3 35.1 34.9 35.1 35.2 35.5 34.7 174.7 175.2 175.5 175.6 176.1 176.8 177.3 178.8 178.4 180.1 179.6 179.9 1980 January February . March April May .. June July .. .. August... September October November December 946.9 934.0 930.1 918.7 911.2 917.7 927.8 929.8 926.4 936.6 941.7 944.8 151.6 145.3 139.2 130.7 126.9 129.1 136.4 134.9 132.5 139.6 139.6 139.2 65.4 60.2 56.2 49.3 46.0 49.0 54.5 52.4 50.0 55.6 53.7 53.2 62.0 61.2 59.8 59.0 58.7 57.9 59.1 59.7 59.3 60.3 62.3 62.2 24.2 23.9 23.2 22.4 22.2 22.2 22.8 22.9 23.2 23.7 23.5 23.8 360.9 356.7 355.7 353.7 350.5 353.8 353.4 355.4 352.2 355.0 360.8 361.4 182.7 181.3 182.8 181.6 178.1 180.4 179.9 179.3 177.8 177.3 179.8 180.8 78.8 77.5 76.4 76.1 76.7 76.8 77.2 79.2 77.2 78.8 80.5 80.3 25.8 24.9 24.6 24.8 24.7 25.5 25.2 25.6 25.8 26.6 27.1 27.4 73.4 73.0 71,9 71.2 71.0 71.1 71.1 71.4 71.4 72.2 73.4 73.0 434.4 432.0 435.2 434.3 433.8 434.8 438.0 439.4 441.7 442.0 441.4 444.2 157.8 158.1 158.5 158.8 159.2 159.5 159.8 160.2 160.3 160.8 161.0 161.3 60.1 59.7 61.9 61.7 60.8 60.6 61.6 62.1 62.2 62.5 62.3 62.6 35.3 34.8 34.4 34.2 33.4 34.0 34.2 34.2 34.0 33.8 33.1 33.6 181.1 179.4 180.4 179.5 180.4 180.7 182.3 183.0 185.2 184.9 184.9 186.8 June July August September October November December 950.4 951.2 951.8 946.7 941.6 945.6 947.5 956.0 950.8 941.5 943.0 945.6 142.9 146.2 146.9 141.0 137.5 137.3 138.8 146.7 141.1 133.6 134.8 133.9 56.1 59.6 60.1 53.8 51.9 50.9 52.7 60.1 55.6 49.7 50.9 49.3 62.8 62.6 62.4 62.4 61.2 61.9 60.9 61.8 61.4 60.4 60.3 60.6 24.0 24.0 24,4 24.8 24.5 24.5 25.2 24.7 24.1 23.5 23.5 24.0 361.9 361.9 360.9 362.7 359.3 363.1 361.9 363.6 363.5 361.5 362.7 365.1 180.5 181.6 182.0 181.8 180.5 181.6 180.4 180.9 181.5 180.3 181.9 183.9 81.4 82.8 82.0 82.9 81.7 83.2 82.7 83.8 82.8 82.7 82.8 83.7 26.6 25.1 24.6 25.0 25.3 25.8 25.9 26.1 26.5 25.9 25.7 25.7 73.4 72.4 72.3 73.0 71.9 72.6 72.8 72.9 72.8 72.6 72.3 71.8 445.6 443.0 444.0 443.1 444.7 445.2 446.8 445.7 446.2 446.4 445.5 446.7 161.5 161.6 161.8 162.1 162.5 162.5 162.7 162.8 163.1 163.4 163.5 163.6 63.4 62.0 61.7 61.8 63.1 64.0 65.0 63.8 63.3 64.8 63.4 64,9 34.0 33.5 33.0 32.8 32.2 31.9 32.2 32.1 32.1 31.8 31.8 31.5 186.6 185.8 187.5 186.4 186.9 186.8 186.9 187.0 187.6 186.4 186.8 186.7 1982 January . February March . . April May June 943.1 954.1 950.1 953.2 963.2 952.3 135.4 139.0 138.0 137.7 143.6 135.6 53.5 56.0 55.1 54.0 59.3 51.6 57.7 59.0 58.7 59.4 59.8 59.6 24.1 24,0 24.1 24.3 24.5 24.4 359.5 365.5 361.4 362.7 368.0 366.5 180.4 182.7 182.2 182.6 183.8 185.5 82.2 86.2 83.1 83.0 86.3 84.8 26.4 26.2 26.1 27.0 27.6 26.3 70.6 70.5 70.1 70.2 70.3 69.9 448.2 449.6 450.7 452.8 451.7 450.2 164.1 164.6 164.9 165.1 165.2 165.4 66.0 64.5 63.1 65.3 64.3 63.3 31.3 31.8 32.6 33.1 33.3 32.6 186.7 188.8 190.1 189.4 188.9 189.0 . . 1978 January February . . March April May June July August September October . . November December 1979 January February March April May 1981 January.. February March ., April May 47 SURVEY OF CURRENT BUSINESS July 3. Government Receipts and Expenditures Table 3.1.—Government Receipts and Expenditures [Millions of dollars] Receipts 1977 1976 Line 1978 1979 1981 1980 1 538 424 605 407 681 922 765,088 837 964 957 283 2 3 4 5 196 833 63844 151 718 126 029 226,388 72 699 165,740 140,580 258 682 83238 178,162 161 840 301,015 87 597 189,578 186 898 336,325 84652 213,004 203,983 386,696 81 175 251,292 238,120 ,, ,, 6 574,938 623,255 681,105 750,755 871,184 985,526 , 7 ., 8 9 362,100 194 628 167 472 393,814 210,337 183,477 431,913 229,280 202 633 474,351 247 444 226,907 538,375 272 808 265,567 596,935 299 705 297 230 10 11 12 189 569 186,353 3,216 202 547 199,289 3,258 218 354 214,592 3,762 244,221 239,991 4,230 291,080 285,847 5,233 329,606 323,939 5,667 13 14 15 16 . 17 23,138 44,654 40134 4,520 21516 25,094 49,063 43,521 5,542 23,969 28,982 58384 49710 8,674 29,402 30,562 70,874 59798 11,076 40,312 38,357 87465 74953 12,512 49108 54,967 115,087 98339 16,748 60120 18 842 1,256 1,671 1,913 2,146 2,587 Subsidies less current surplus of government enter- 19 prises. 20 Subsidies 21 Less: Current surplus of government enterprises... 973 3,056 3,748 3,353 5,478 6,647 5,791 4,818 7,722 4,666 9,527 5,779 9,542 6,189 10,724 5,246 12,596 5,949 Personal tax and nontax receipts. .. Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance Expenditures , Purchases of goods and services., Compensation of employees. Other Transfer payments To persons To foreigners . , .. ., ....... Net interest paid .... . Interest paid To persons and business To foreigners ... Less* Interest received by government 1 .. ... , Less* Dividends received by government 1 22 0 0 221 -181 —40 42 Surplus or deficit (-), national income and 23 product accounts. -36,514 -17,848 817 14,333 -33,220 -28,243 3,763 40277 7,524 25,372 19,008 18191 27,583 13250 14,876 48,096 20,823 49,066 Less: Wage accruals less disbursements Social insurance funds ... ........ Other 1 .. . . . 24 25 Prior to 1968, dividends received is included in interest received (line 17). Table 3.2.—Federal Government Receipts and Expenditures Millions of dollars Line Billions of dollars, seasonally adjusted at annual rates 1976 1977 1978 1979 1980 1981 1978 1977 I II III IV I II III IV 1 331,750 375,210 431,569 493,636 540,722 628,219 364.1 370.5 377.5 388.7 396.7 424.4 442.3 462.8 Personal tax and nontax receipts . Income taxes .................... Estate and gift taxes Nontaxes 2 3 4 5 147,273 141,544 5,583 146 170,052 162,727 7,157 168 194,921 189,473 5,265 183 230,575 224,844 5,546 185 257,535 250,731 6,572 232 298,061 290,807 6,985 269 167.6 155.4 12.0 0.2 166.9 161.3 5.5 0.2 168.7 162.9 5.7 0.2 176.9 171.3 5.4 0.2 178.7 173.1 5.4 0.2 188.4 183.0 5.2 0.2 200.9 195.5 5.2 0.2 211.7 206.2 5.3 0.2 Corporate profits tax accruals 6 54,577 61,615 71,338 74,185 70,264 67,315 57.5 61.5 63.7 63.8 59.9 72.2 74.3 78.9 24.3 17.3 5.0 2.0 24.8 17.4 5.3 2.1 25.5 17.6 5.8 2.2 25.6 17.9 5.5 2.2 26.6 17.8 6.4 2.4 28.1 18.5 7.1 2.5 28.5 18.5 7.3 2.7 29.5 19.1 7.6 2.9 Receipts Indirect business tax and nontax accruals Excise taxes Customs duties.. .... Nontaxes 7 8 9 10 23,398 17,024 4,560 1,814 25,042 17,528 5,403 2,111 Contributions for social insurance 11 106,502 118,501 137,165 Expenditures Purchases of goods and services National defense . Nondefense . Transfer payments....,,.,. To persons..., To foreigners .. .. , , • 28,145 18,452 7,100 2,593 29,388 18,539 7,454 3,395 38,856 26,775 7,160 4,921 58,531 44,146 8,589 5,796 159,488 174,067 204,312 114.8 117.3 119.5 122.4 131.5 135.7 138.7 142.7 509,726 602,092 688,189 401.7 412.4 429.6 440.6 445.1 451.1 465.6 482.4 12 384,833 421,089 461,032 13 .... 14 ... 15 129,174 85,964 43,210 143,444 92,825 50,619 153,587 100,273 53,314 168,343 111,839 56,504 197,180 131,360 65,820 228,947 153,732 75,215 135.8 90.6 45.1 142.2 92.7 49.6 146.2 93.5 52.7 149.5 94.5 55.0 147.3 95.3 52.0 149.2 99.7 49.5 156.1 101.7 54.4 161.8 104.4 57.4 16 17 18 161,977 158,761 3,216 172,828 169,570 3,258 185,566 181,804 3,762 209,189 204,959 4,230 251,443 246,210 5,233 286,608 280,941 5,667 168.6 165.7 2.9 169.1 165.9 3.2 175.4 171.8 3.7 178.2 174.9 3.2 180.2 176.8 3.4 180.9 176.9 3.9 188.6 185.1 3.5 192.6 188.4 4.2 19 61,101 67,536 77,261 80,510 88,675 87,689 62.9 66.5 71.1 69.7 74.6 77.7 77.3 79.5 20 21 22 . . . .... 23 26,769 32,143 27,623 4,520 29,096 35,381 29,839 5,542 35,180 43,486 34,812 8,674 42,399 53,634 42,558 11,076 53,137 67,215 54,703 12,512 71,876 91,387 74,639 16,748 27.8 33.8 29.0 4.8 28.5 34.6 29.5 5.1 29.1 35.5 29.9 5.6 31.1 37.6 31.0 6.6 32.9 40.2 32.4 7.8 33.9 42.0 33.6 8.4 36.1 44.6 36.0 8.6 37.8 47.1 37.3 9.8 24 5,374 6,285 8,306 11,235 14,078 19,511 6.1 6.1 6.4 6.6 7.3 8.1 8.5 9.3 Subsidies less current surplus of government enter- 25 prises. 26 Subsidies • • « 27 Less: Current surplus of government enterprises 5,812 8,185 9,484 9,239 11,657 13,111 6.6 6.2 7.9 12.0 10.1 9.5 7.6 10.7 5,602 -210 7,512 -673 9,288 -196 9,215 -24 10,370 -1,287 12,194 -917 6.1 -0.6 6.4 0.1 6.8 -1.0 10.8 -1.3 9.0 -1.1 8.7 -0.8 8.7 1.0 10.8 0.1 42 0.0 Grants-in-aid to State and local governments Net interest paid... Interest paid , To persons and business ... ., To foreigners • .. Less' Interest received by government ... ... ........ 28 0 0 46 -46 0 national income and 29 -53,083 -45,879 -29,463 -16,090 -61,370 -59,970 v-37.6 -41.9 -52.1 -51.8 30 31 -11,863 41,220 -10,441 -35,438 -1,260 28203 3,791 19881 12,408 -48,962 -10,979 -48,991 -9.0 -32.9 -11.5 -40.6 -11.0 40.8 Less' Wage accruals less disbursements Surplus or deficit (-), product accounts. Other -10.3 274 0.0 0.0 0.0 0.0 -48.4 -2.6 45.8 0.0 0.2 -26.6 -23.3 1.4 -28.1 -3.0 -20.3 0.0 -19.6 -0.9 187 48 SURVEY OF CURRENT BUSINESS July Table 3.2.—Federal Government Receipts and Expenditures—Continued Billions of dollars, seasonally adjusted at annual rates 1979 Line I II 1980 III IV I 1981 1982 II III IV I II III IV I 1 477.8 486.7 500.0 510.1 525.7 520.2 542.4 574.6 620.0 627.0 640.2 625.7 609.0 Personal tax and nontax receipts Income taxes .. .. Estate and gift taxes Nontaxes 2 3 4 5 216.7 211.0 5.5 0.2 225.2 219.6 5.4 0.2 235.5 229.9 5.4 0.2 244.9 238.8 5.9 0.2 244.3 238.0 6.1 0.2 251.3 244.5 6.6 0.2 260.1 252.9 6.9 0.2 274.4 267.5 6.6 0.3 286.4 279.7 6.5 0.3 297.0 289.8 6.9 0.3 307.9 300.6 7.1 0.3 300.9 293.2 7.5 0.3 299.9 291.1 8.5 0.3 Corporate profits tax accruals 6 76.4 74.7 74.4 71.3 79.3 60.9 68.0 72.8 76.1 65.6 68.4 59.1 45.6 29.2 18.4 7.3 3.5 29.6 18.5 7.4 3.7 31.2 20.1 7.2 4.0 36.3 25.0 6.9 4.3 40.2 28.3 7.3 4.7 47.7 33.7 7.3 6.7 57.5 43.9 7.8 5.8 61.5 47.7 8.3 5.5 57.8 43.1 9.0 5.8 57.2 41.9 9.3 6.1 48.7 33.6 8.7 6.3 Receipts II 302.4 294.7 7.4 0.3 Indirect business tax and nontax accruals Excise taxes Customs duties Nontaxes 7 8 9 10 29.3 18.6 7.6 3.1 29.4 18.6 7.6 3.3 Contributions for social insurance 11 155.4 157.4 160.9 164.2 170.7 171.7 174.0 179.8 199.9 202.8 206.1 208.4 214.9 216.1 12 487.9 493.4 518.0 539.6 565.4 587.7 615.4 639.9 659.7 667.5 698.2 727.4 728.3 733.0 13 14 15 164.4 106.6 57.8 163.2 109.0 54.2 168.0 112.7 55.3 177.8 119.0 58.7 189.6 126.8 62.8 198.8 130.0 68.8 193.3 130.5 62.8 207.0 138.1 68.9 217.0 143.1 73.9 218.2 150.5 67.7 230.0 154.4 75.7 250.5 166.9 83.6 249.7 166.2 83.5 244.1 172.2 71.9 16 17 18 196.8 192.6 4.3 201.3 197.3 3.9 216.0 212.3 3.8 222.6 217.7 4.9 230.3 225.5 4.8 237.3 233.0 4.3 266.3 261.3 4.9 271.9 265.1 6.9 274.0 268.8 5.2 276.7 271.9 4.8 295.1 289.0 6.1 300.7 294.0 6.6 303.2 297.2 6.0 311.6 306.6 5.1 19 78.0 78.1 81.4 84.5 85.5 87.6 88.9 92.7 90.2 90.6 86.3 83.6 83.0 83.1 45.2 57.4 46.1 11.3 50.0 62.5 50.3 12.2 53.2 66.8 55.1 11.7 53.3 67.8 55.8 12.0 56.0 71.8 57.6 14.1 66.3 84.3 68.5 15.8 68.3 87.4 70.4 17.0 74.0 94.3 77.2 17.1 79.0 99.5 82.4 17.1 79.6 101.8 83.9 17.9 82.6 105.4 88.2 17.2 Expenditures .. .... Purchases of goods and services National defense Nondefense ... Transfer payments To persons To foreigners . . .. Grants-in-aid to State and local governments 50.3 35.0 8.7 6.6 20 21 22 23 39.9 50.2 39.2 11.1 41.6 52.4 41.4 11.0 42.8 54.5 43.5 11.0 24 10.3 10.8 11.7 12.1 12.5 13.6 14.5 15.8 18.0 19.1 20.3 20.6 22.1 22.8 Subsidies less current surplus of government enter- 25 prises. 26 Subsidies .. .. . Less: Current surplus of government enterprises 27 8.6 9.2 9.7 9.5 9.9 10.9 13.6 12.3 12.2 13.7 13.0 13.6 12.7 11.5 9.0 0.4 9.5 0.3 8.8 -0.9 9.6 0.1 9.8 -0.1 10.2 -0.6 10.5 -3.1 11.0 -1.3 11.3 -0.9 11.6 -2.0 12.0 -1.0 13.8 0.3 13.7 1.1 12.9 1.4 28 -0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 Surplus or deficit ( — ), national income and 29 product accounts. -10.1 -6.7 -18.0 -29.6 -39.7 -67.5 -73.1 -65.2 -39.7 -40.5 9.3 -19.4 7.9 -14.6 06 -17.4 14 -28.1 1.7 -41.4 49 -62.6 -24.4 -48.7 22 1 -43.1 41 -35.6 39 -36.6 Net interest paid Interest paid To persons and business To foreigners. Less* Interest received by government Less" Wage accruals less disbursements Social insurance funds Other.. .. 30 31 -0.1 -0.2 -58.0 -101.7 -119.3 16 6 -41.4 -19.3 -82.4 16 4 -102.9 0.0 237 SURVEY OF CURRENT BUSINESS July 49 Table 3.3.—State and Local Government Receipts and Expenditures Billions of dollars, seasonally adjusted at annual rates Millions of dollars 1977 Line Receipts Personal tax and nontax receipts Income taxes Nontaxes Other .. .. • 1976 1977 1978 1979 1980 1981 I 1978 II III IV I II III IV 336.9 1 267,775 297,733 327,614 351,962 385,917 416,753 284.7 293.9 304.0 308.4 316.7 329.1 327.8 2 49,560 56,336 63,761 70,440 78,790 88,635 54.0 55.7 56.9 58.8 60.5 62.9 64.7 66.9 3 4 5 26,751 16,703 6,106 30,771 18,898 6,667 35,345 21,402 7,014 38,529 24,548 7,363 42,775 28,084 7,931 48,280 32,027 8,328 29.4 18.1 6.6 30,2 18.6 6.9 31.2 19,2 6.5 32.3 19.8 6.7 33.4 20.4 6.7 34.9 21.0 6.9 35.8 21.7 7.2 37.2 22.4 7.2 Corporate profits tax accruals 6 9,267 11,084 11,900 13,412 14,388 13,860 10.3 11.0 11.5 11.5 10.2 12.1 12.3 13.0 Indirect business tax and nontax accruals 7 128,320 140,698 150,017 160,190 174,148 192,761 136.3 138.9 142.1 145.4 147.8 152.2 148.4 151.6 8 9 10 57,760 58,247 12,313 64,018 63,200 13,480 71,000 63,748 15,269 77,281 64,403 18,506 82,843 68,388 22,917 90,422 75,091 27,248 61.8 61.5 13.0 62.9 62.8 13.2 64.6 63.8 13.6 66.8 64.6 14.0 68.1 65.3 14.5 71.1 66.0 15.1 71.7 61.3 15.4 73.1 62.4 16.1 Sales taxes Property taxes Other .. • . . . .. 11 19,527 22,079 24,675 27,410 29,916 33,808 21.1 21.8 22.4 23.0 23.6 24.2 25.0 25.9 12 61,101 67,536 77,261 80,510 88,675 87,689 62.9 66.5 71.1 69.7 74.6 77.7 77.3 79.5 • 13 251,206 269,702 297,334 321,539 357,767 385,026 261.0 267.8 272.0 278.1 285.1 295.1 302.1 307.1 .,..,. 14 232,926 250,370 278,326 306,008 341,195 367,988 242.1 248.4 252.5 258.4 265.5 275.3 283.2 289.3 Compensation of employees Other 15 16 132,250 100,676 143,995 106,375 157,553 120,773 171,772 134,236 189,929 151,266 207,392 160,596 139.0 103.1 142.0 106.4 145.7 106.8 149.2 109.2 152.7 112.7 155.5 119.8 159.2 124.0 162.8 126.6 Transfer payments to persons . 17 27,592 29,719 32,788 35,032 39,637 42,998 28.7 29.3 30.0 30.8 31.9 32.8 33.2 33.2 18 -3,631 4002 6 198 -11,837 -14,780 -16,909 37 37 40 46 51 57 65 74 19 20 12,511 16,142 13,682 17,684 14,898 21,096 17,240 29,077 20,250 35,030 23,700 40,609 13.3 16.9 13.5 17.3 13.8 17.9 14.1 18.7 14.4 19.5 14.7 20.5 15.1 21.6 15.4 22.8 Contributions for social insurance,., , Expenditures Purchases of goods and services , Interest paid Less1 Interest received by government 21 842 1,256 1,671 1,913 2,146 2,587 1.0 1.2 1.3 1.5 1.6 1.6 1.7 1.7 Subsidies less current surplus of government enterprises,.... 22 -4,839 -5,129 -5,736 -5,886 -6,179 -6,464 -5.1 -5.1 -5.1 -5.2 -5.5 -5.7 -5.9 -5.9 23 24 189 5,028 210 5,339 239 5,975 327 6,213 354 6,533 402 6,866 0.2 5.3 0.2 5.3 0.2 5.3 0.2 5.4 0.2 5.7 0.2 5.9 0.2 6.1 0.3 6.2 Less* Dividends received by government ... ... Subsidies Less1 Current surplus of government enterprises 25 0 0 175 135 -40 0 0.0 0. 0.0 0.0 0.0 0.0 0.3 0.4 Surplus or deficit ( — ), national income and prod- 26 uct accounts. 16,569 28,031 30,280 30,423 28,150 31,727 23.7 26.1 32.0 30.4 31.6 34.0 25.7 29.8 27 28 15,626 943 17,965 10,066 20,268 10,012 23,792 6,631 27,284 866 31,802 75 17.1 6.6 17.7 8.4 18.3 13.7 18.8 11.6 19.2 12.4 19.7 14.3 20.6 5.1 21.6 8.2 Social insurance funds. Other .. Billions of dollars, seasonally adjusted at annual rates 1979 Line I Receipts .... Personal tax and nontax receipts , Income taxes Nontaxes Other. . 1980 II III IV I 1982 1981 II III IV I II III IV I II 1 341.0 344.3 356.3 366.3 374.5 376.6 389.3 403.3 410.0 415.2 420.3 421.5 424.2 2 67.6 67.4 72.1 74.6 75.5 77.3 79.6 82.7 84.8 87,2 90.3 92.3 93.6 95.1 3 4 5 37.1 23.3 7.3 36.0 24.1 7.3 39.8 25.0 7.3 41.2 25.9 7.5 41.1 26.7 7.7 41.8 27.6 7.9 43.0 28.5 8.1 45.1 29.5 8.1 46.2 30.4 8.2 47.5 31.4 8.3 49.3 32.6 8.4 50.1 33.7 8.5 50.2 34.8 8.6 50.6 35.9 8.7 Corporate profits tax accruals 6 13.8 13.5 13.4 12.9 15.9 12.5 14.2 15.0 15.4 13.6 14.0 12.5 10.1 Indirect business tax and nontax accruals ... 7 155.0 158.1 161.6 166.0 168.8 170.5 176.1 181.2 187.1 190.4 195.5 198.0 201.5 207.4 8 9 , .. 10 74.7 63.2 17.1 76.2 64.1 17.8 78.1 64.7 18.8 80.1 65.6 20.3 81.1 66.5 21.2 80.4 67.8 22.3 83.8 68.7 23.6 86.1 70.5 24.6 88.9 72.3 25.9 89.2 74.3 27.0 91.8 76.0 27.8 91.8 77.8 28.4 92.6 79.8 29.2 95.5 81.8 30.0 Contributions for social insurance 11 26.6 27.1 27.7 28.3 28.7 28.8 30.6 31.6 32.5 33.4 34.2 35.1 36.0 36.9 Federal grants-in-aid 12 78.0 78.1 81.4 84.5 85.5 87.6 88.9 92.7 90.2 90.6 86.3 83.6 83.0 83.1 13 308,7 317.5 325.4 334.7 345.3 353.3 362.2 370.3 378.6 382.2 386.9 392.4 396.5 403.6 Purchases of goods and services 14 292.5 301.2 310.5 319.8 329.6 337.2 345.2 352.8 361.1 365.0 370,1 375.7 380.4 387.8 Compensation of employees Other . 15 16 166.1 126.4 169.5 131.8 173.7 136.8 177,8 142.0 182.7 146.9 187.6 149.6 192.4 152.8 197.0 155.8 201.7 159.3 205.6 159.4 209.2 161.0 213.0 162.7 217.1 163.2 221.4 166.3 Transfer payments to persons 17 33.8 34.5 35.3 36.5 37.7 38.9 40.5 41.4 42.0 42.8 43.3 43.9 44.3 44.9 Net interest paid 18 97 -11.4 127 -13.6 -14.0 -14.6 -15.1 -15.5 -15.7 167 17 4 17 8 18 5 19 2 19 20 16.0 25.7 16.8 28.2 17.7 30.4 18.5 32.0 19.2 33.2 19.9 34.4 20.6 35.7 21.4 36.9 22.2 37.9 23.2 39.8 24.2 41.5 25.3 43.1 26.4 44.9 27.6 46.8 2.7 2.8 3.0 3.2 Sales taxes Property taxes Other ... Expenditures .. Interest paid Less* Interest received by government. Less: Dividends received by government 21 1.8 1.9 2.0 2.0 2.1 2.1 2.2 2.2 2.3 2.5 Subsidies less current surplus of government enterprises 22 -5.9 -5.9 -5.9 -5.9 -6.0 -6.1 -6.2 -6.3 -6.4 -6.4 -6.5 -6.6 -6.6 -6.7 23 24 0.3 6.2 0.3 6.2 0.3 6.2 0.3 6.3 0.3 6.4 0.3 6.5 0.4 6.6 0.4 6.7 0.4 6.8 0.4 6.8 0.4 6.9 0.4 7.0 0.4 7,1 0.5 7.2 25 0.3 -0.9 -0.1 0.2 -0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0,0 0.0 Surplus or deficit ( — ), national income and prod- 26 uct accounts. Social insurance funds 27 Other . . . 28 32.3 26.8 30.9 31.6 29.1 23.3 27.1 33.0 31.3 32.9 33.5 29.1 27.7 22.4 9.9 23.3 3.5 24.2 6.7 25.2 6.4 25.8 3.3 26.2 -2.8 28.1 -1.0 29.1 3.9 30.3 1.1 31.3 1.7 32.3 1.2 33.3 42 34.5 68 Subsidies .. Less: Current surplus of government enterprises ... Less: Wage accruals less disbursements NOTE.— Prior to 1968, dividends received is included in interest received (line 20). 378-127 0 - 8 2 - 4 35.7 50 SURVEY OF CURRENT BUSINESS July Table 3.4.—Personal Tax and Nontax Receipts [Millions of dollars] Line 1976 1977 1978 1981 1980 1979 Personal tax and nontax 1 receipts. 196,833 226,388 258,682 301,015 336,325 386,696 2 147 273 170 052 194 921 230 575 257 535 298 061 Income taxes Withheld Declarations and ments. Less: Refunds 3 4 settle- 5 141?544 133 094 36,396 162 727 150 031 42,594 189 473 173 791 48,451 224 844 202 864 56,650 250 731 230 685 64,514 290 807 261 544 77,854 6 27 946 29898 32769 34 670 44 468 48 591 Estate and gift taxes Nontaxes 7 8 5583 146 7157 168 5265 183 5546 185 6572 232 6985 269 9 49,560 56,336 63,761 70,440 78,790 88,635 10 11 12 13 14 26,751 1,653 2,780 914 759 30,771 2119 2,890 894 764 35,345 1977 3,125 1046 866 38,529 2,047 3,247 1 143 '926 42,775 2,264 3,438 1227 l'o02 48,280 2371 3,644 1 249 1064 Nontaxes , 15 Tuition and related educa- 16 tional charges. Hospital and health 17 charges. Fines......... 18 Other . 19 16,703 4,641 18,898 5,132 21,402 5,655 24,548 6,280 28,084 7,119 32,027 8,040 7,943 8,997 10,242 12,016 14,024 16,400 1,479 2640 1,678 3,091 1,994 3511 2,390 3862 2820 4121 3,160 4427 Federal State and local Income taxes.. Estate and gift taxes... Motor vehicle licenses Property taxes Other taxes.... Table 3.5.—Indirect Business Tax and Nontax Accruals [Millions of dollars] Line 1976 1977 1978 1979 1980 1981 Indirect business tax and 1 nontax accruals. 151,718 165,740 178,162 189,578 213,004 251,292 2 23,398 25,042 28,145 29,388 38,856 58,531 Excise taxes Liquor... , Tobacco .. Windfall profit tax Other 3 4 5 6 7 17024 5,284 2492 17528 5,349 2379 18452 5559 2467 18 539 5,587 2469 9,248 9800 10426 10483 26775 5,515 2483 9,281 9,496 44146 5,604 2555 26,623 9,364 Customs duties Nontaxes .. 8 9 4,560 1814 5403 2111 7,100 2593 7454 3395 7,160 4921 8,589 5,796 10 128 320 140,698 150,017 160 190 174,148 192,761 11 12 13 14 15 16 17 18 19 20 21 22 23 57,760 49868 29,280 8961 2,120 3,484 2111 1988 1,924 7892 5167 1,771 954 64,018 55025 33,072 9,315 2,193 3,564 2395 2376 2110 8993 5905 2,038 1050 71000 60833 37,497 9744 2,330 3,654 2,693 2685 2,230 10167 6709 2,299 1,159 77,281 65735 41,775 9740 2,406 3,667 2,932 2912 2,303 11,546 7,717 2,517 1,312 82,843 70006 44,765 9,592 2,527 3,824 3,706 3241 2,351 12,837 8,515 2,889 1,433 90,422 76,292 48,952 9,997 2,703 3,920 4,622 3,421 2,677 14,130 9,113 3,467 1,550 24 25 26 27 58,247 1,972 2,101 4421 63,200 2,069 2,335 4,819 63,748 2,173 2,574 5,491 64,403 2,342 3,464 6,217 68,388 2,477 4,950 6,560 75,091 2,623 7,539 6,816 Nontaxes ,,....,.... 28 Rents and royalties ...... 29 30 Special assessments 31 Fines.. , 32 Other 3,819 1,659 865 492 803 4,257 1,848 933 542 934 5,031 2,216 1,066 667 1,082 6,483 3,262 1,212 797 1,212 8,930 5,343 1,385 940 1,262 10,270 6,266 1,580 1,076 1,348 Federal State and local Sales taxes State General Gasoline .. Liquor Tobacco Public utilities Insurance receipts Other Local General Public utilities. Other Property taxes. , Motor vehicle licenses Severance taxes 3 Other taxes « . . , 51 SURVEY OF CURRENT BUSINESS July Table 3.6.—Contributions for Social Insurance [Millions of dollars] Line Contributions for social insurance. Employer contributions Federal social insurance funds. Old-age, survivors, disability, and hospital insurance. Old-age, survivors, and disability insurance. Hospital insurance State unemployment insurance. Federal unemployment tax ... Railroad unemployment insurance. Railroad retirement Federal civilian employees retirement. Veterans life insurance,..., Workmen's compensation ..„.. State and local social insurance funds. State and local employees retirement. Temporary disability insurance. Workmen's compensation ...... Personal contributions Federal social insurance funds. Old-age, survivors, disability, and hospital insurance. Employees Old-age, survivors, and disability insurance. Hospital insurance. Self-employed . Supplementary medical insurance. State unemployment insurance. Railroad retirement , Federal civilian employees retirement. Veterans life insurance 1976 1977 1978 1979 1980 1981 1 126,029 140,580 161,840 186,898 203,983 238,120 2 70,544 79,467 92,071 105,791 115,297 133,219 3 56,806 63,815 74,343 85,870 92,935 107,959 4 40,059 44,255 51,466 61,034 67,246 80,939 5 33,834 37,380 42,881 50,479 55,623 64,984 6 6225 6875 8585 10555 11623 15955 1 8,448 9,643 11,661 12,315 12,073 12,182 8 9 1,504 150 2,270 220 2,889 219 3,181 196 3,463 147 3,423 204 10 11 1255 4,866 1,384 5,466 1456 6,013 1652 6,770 1716 7,446 1835 8,455 12 13 7 517 6 571 3 636 5 717 6 838 10 911 14 13,738 15,652 17,728 19,921 22,362 25,260 15 12,059 13,500 15,011 16,839 19,103 21,800 16 29 34 42 54 75 85 17 1,650 2,118 2,675 3,028 3,184 3,375 18 55,485 61,113 69,769 81,107 88,686 104,901 19 49,696 54,686 62,822 73,618 81,132 96,353 20 43,628 48,218 55,838 66,053 72,925 87,072 21 22 40,127 33,883 44,337 37,439 51,554 42,943 61,130 50,545 67,354 55,698 81,055 65,059 23 6,244 3,501 2,049 6,898 3881 2,234 8,611 4284 2,456 10,585 4,923 2,704 11,656 5,571 2,993 15,996 6017 3,700 24 25 26 91 103 116 120 125 130 27 28 386 2,866 418 3,040 450 3,269 563 3,497 599 3,779 698 4,019 29 676 673 693 681 711 734 State and local social insur- 30 ance funds. State and local employees 31 retirement. Temporary disability insur- 32 ance. 5,789 6,427 6,947 7,489 7,554 8,548 5,281 5,804 6,254 6,691 7,097 7,618 508 623 693 798 457 930 52 SURVEY OF CURRENT BUSINESS July Table 3.7B.—Government Purchases of Goods and Services by Type Billions of dollars, seasonally adjusted at annual rates Millions of dollars 1977 Line 1 362,100 2 3 4 5 6 7 8 9 10 11 1979 1980 1981 393,814 431,913 474,351 538,375 596,935 129,174 85,964 18,623 4,656 60,387 40,940 23,987 16,953 19,447 2,298 143,444 92,825 22,304 4,971 63,119 42,835 24,854 17,981 20,284 2,431 153,587 100,273 24,059 5,459 68,250 46,101 26,294 19,807 22,149 2,505 168,343 111,839 28,998 6,589 73,768 48,675 27,630 21,045 25,093 2,484 197,180 131,360 33,557 10,694 84,071 53,228 30,493 22,735 30,843 3,038 12 13 14 15 16 17 18 43,210 1,110 3,506 34,252 21,438 12,814 4,342 50,619 1,332 6,978 37,611 23,507 14,104 4,698 53,314 1,799 3,461 42,420 25,626 16,794 5,634 56,504 1,615 2,177 46,967 26,997 19,970 5,745 19 20 21 22 ... . 23 24 25 232,926 7,625 16,889 176,152 132,250 43,902 32,260 250,370 7,974 18,758 192,607 143,995 48,612 31,031 278,326 8,874 20,927 210,998 157,553 53,445 37,527 306,008 10,116 23,833 231,773 171,772 60,001 40,286 Federal National defense Durable goods . Nondurable goods .. ..... ... Services......... Compensation of employees Military Civilian Other services..... ..,„ Structures ... .. Nondefense . Durable goods Nondurable goods , Services . . Compensation of employees Other services Structures . ..... ...... ... .... Compensation of employees. . . ..... , Other services . ... ....... .,. Structures 1977 1978 Government purchases of goods and services. State and local . .... Durable goods , ., Nondurable goods .. 1976 I 1978 II m IV 412.8 424.4 439.3 451.1 149.5 94.5 21.6 4.9 65.9 44.8 26.0 18.8 21.1 2.1 147,3 95.3 22.3 4.6 66.4 45.1 25.9 19.3 21.3 2.0 149.2 99.7 24.0 5.6 67.3 45.5 25.9 19.6 21.8 2.8 156.1 101.7 24.4 6.5 68.1 45.9 26.2 19.8 22.2 2.7 161.8 104.4 25.6 5.2 71.1 47.8 27.2 20.6 23.3 2.5 52,7 1.1 9.2 37.4 23.3 14.1 5.0 55.0 1.4 8.8 40.0 24.6 15.4 4.8 52.0 2.0 3.8 41.2 25.0 16.2 5.0 49.5 1.9 0.0 42.2 25.4 16,8 5.5 54.4 1.5 4.6 42.1 25.6 16.5 6.1 57.4 1.8 5.5 44.2 26.6 17.6 5.9 252.5 8.0 19.0 194.8 145.7 49.1 30.6 258.4 8.2 19.5 199.8 149.2 50.6 30.9 265.5 8.5 20.0 204.1 152.7 51.4 32.9 275.3 8.7 20.6 208.4 155.5 52.8 37.6 283.2 9.0 21.2 213.4 159.2 54.2 39.7 289.3 9.3 21.9 218.1 162.8 55.4 40.0 II III IV 377.9 390.7 398.7 408.0 228,947 153,732 40,082 12,597 98,047 60,806 35,641 25,165 37,241 3,006 135.8 90.6 22.2 4.6 61.3 42.1 24.5 17.6 19.2 2.5 142.2 92.7 23.1 4.8 62.0 42.2 24.5 17.7 19.9 2.7 146.2 93.5 22.3 5.6 63.2 42.3 24.5 17.8 21.0 2.4 65,820 2,811 4,260 52,197 29,651 22,546 6,552 75,215 2,468 10,960 54,979 31,507 23,472 6,808 45.1 1.3 3.2 36.2 22.9 13.2 4.4 49.6 1.5 6.6 36.9 23.2 13.7 4.6 341,195 11,177 26,988 257,634 189,929 67,705 45,396 367,988 11,977 30,268 282,826 207,392 75,434 42,917 242.1 7.8 17.9 185.6 139.0 46.6 30.7 248.4 7.9 18.5 190.2 142.0 48.2 31.9 I Billions of dollars, seasonally adjusted at annual rates 1979 Line 1982 1981 1980 I II HI IV I II m IV I II III IV I II 456.9 464.5 478.5 497,6 519.2 536.0 538.5 559.8 578.1 583.2 600.2 626.3 630,1 631.9 2 . . 3 4 5 6 7 8 .... 9 10 ... 11 164.4 106,6 26.6 5.8 72.0 47.8 27.1 20.7 24.2 2.2 163.2 109.0 28.0 5.7 73.0 47.9 27.1 20.8 25.1 2.3 168.0 112.7 29.4 6.9 73.7 48.1 27.3 20.8 25.6 2.8 177.8 119.0 32.0 8.1 76.4 50.9 29.0 21.9 25.5 2.5 189.6 126.8 33.7 10.0 80.3 51.3 29.1 22.2 29.0 2.8 198.8 130.0 33.3 10.5 83.4 51.6 29.3 22.3 31.8 2.8 193.3 130.5 32.6 10.8 83.4 52.2 29.8 22.4 31.2 3.7 207.0 138.1 34.6 11.5 89.2 57.8 33.8 24.0 31.4 2.8 217.0 143.1 36.1 12.1 92.2 58.5 34.1 24.4 33.7 2.7 218.2 150.5 40.0 13.2 94.4 59.2 34.4 24.9 35.1 2,9 230.0 154,4 41.6 11.9 98.0 59.8 34.6 25.2 38.1 2.9 250.5 166.9 42.7 13.2 107.6 65.6 39.4 26.2 42.0 3.4 249.7 166.2 43.1 13.6 106.0 66.3 39.7 26.5 39.8 3.5 244.1 172.2 46.8 14.6 106.9 66.6 39.8 26.7 40.4 3.9 12 13 .... 14 15 16 17 18 57.8 2.2 4.4 45.7 26.6 19.1 5.5 54.2 2.0 0.7 45.9 26.7 19.3 5.6 55.3 2.2 -0.2 47.3 26.7 20.6 5.9 58.7 0.1 3.8 48.9 28.0 21.0 5.9 62.8 3.0 3.1 50.3 28.4 21.9 6.4 68.8 2.8 7.3 52.2 29.8 22.4 6.5 62.8 2.8 0.9 52.5 29.4 23.1 6.6 68.9 2.6 5.7 53.8 31.0 22.8 6.8 73.9 2.7 8.8 55.1 31.3 23.8 7.2 67.7 2.5 3.7 54.7 31.3 23.3 6.8 75.7 2.1 12.3 54.4 31.1 23.2 6.8 83.6 2.5 18.9 55.7 32.2 23.5 6.4 83.5 2.8 18.4 56.1 32.4 23.7 6.3 71.9 2.8 7.1 56.2 32.4 23.8 5.9 19 State and local Durable goods . n 20 Nondurable goods „.,.,..,. 21 22 Services .. .. .. ...... 23 Compensation of employees.. ..... 24 Other services 25 Structures , 292.5 9.7 22.7 223.2 166.1 57.1 37.0 301.2 10.0 23.4 228.4 169.5 59.0 39.4 310.5 10.3 24.2 234.5 173.7 60.8 41.5 319.8 10.6 25.0 241.0 177.8 63.2 43.2 329.6 10.8 25.8 247.5 182.7 64.8 45.4 337.2 11.1 26.6 254.3 187.6 66.7 45.2 345.2 11.3 27.4 261.1 192.4 68.6 45.4 352.8 11.5 28.2 267.7 197.0 70.6 45.5 361.1 11.7 29.1 274.1 201.7 72.3 46.3 365.0 11.9 29.9 280.7 205.6 75.1 42.4 370.1 12.1 30.7 285.9 209.2 76.7 41.4 375.7 12.2 31.3 290.6 213.0 77.6 41.6 380.4 12.3 31.7 296.1 217.1 79.0 40.3 387.8 12.5 32.0 302.5 221.4 81.1 40.8 Government purchases of goods and services. Federal , National defense ..- ......... Durable goods Nondurable goods ..... Services ... .. . .......... Compensation of employees Military Civilian Other services .. . ... • Structures Nondefense .. . . Durable goods Nondurable goods Services Compensation of employees Other services , Structures .... 1 Table 3.8B.—Government Purchases of Goods and Services by Type in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1981 1977 I Government purchases of goods and serv- 1 ices. Federal , National defense ., . Durable goods Nondurable goods Services . .. ... ... Compensation of employees Military... Civilian . Other services Structures ., „,..„ ... . . Nondefense , Durable goods . ,, Nondurable goods Services...,, , Compensation of employees Other services Structures State and local Durable goods Nondurable goods Services Compensation of employees Other services Structures , ., , ... , 1978 II III IV I II III IV 265.2 269.2 274.6 278.3 284.6 287.1 265.6 269.0 270.8 271.4 270.4 273.6 276.8 277.7 2 3 4 5 6 7 8 9 10 11 96.8 64.9 15.0 2.3 46.1 32.3 19.4 12.9 13.8 1.6 100.4 65.4 16.5 2.2 45.1 32.0 19.2 12.7 13.2 1.6 100.3 65.7 16.2 2,2 45.6 32.2 19.0 13.2 13.4 1.6 102.1 67.4 17.7 2.2 46.1 32.0 18.7 13.2 14,2 1.4 106.5 70.1 18,3 2.4 47.9 32.2 18.9 13.3 15.7 1.5 110.4 73.5 19.7 2.6 49.9 32.8 19.3 13.5 17.1 1.4 97.6 65.5 16.9 2.2 44.7 32.0 19.3 12.7 12.8 1.7 100.2 65.9 17.0 2.2 44.9 31.9 19.2 12.7 12.9 1.8 102.2 65.8 16.4 2.4 45.5 32.0 19.3 12.8 13.5 1.5 101.8 64.5 15.6 2.1 45.4 32.0 19.2 12.8 13.4 1.4 98.8 64.1 15.5 2.0 45.3 32.1 19.1 13.0 13.2 1.3 99.0 66.0 16.4 2.3 45.6 32.2 19.0 13.2 13.3 1.8 101.1 66.4 16.4 2.6 45.7 32.3 19.1 13.3 13.4 1.7 102.4 66.2 16.6 2.1 46.0 32.2 19.0 13.2 13.8 1.5 12 13 14 15 16 17 18 31.8 0.9 2.2 25.8 16.3 9.5 3.0 35.0 1.1 4.4 26.4 16.6 9.8 3.1 34.7 1.4 1.9 28.0 17.0 10.9 3.4 34.8 1.3 1.3 29.1 17.0 12.1 3.1 36.4 1.6 2.1 29.6 17.3 12.3 3.1 36.8 1.3 4.1 28.4 16.9 11.5 3.1 32.1 1.0 2.2 25.9 16.5 9.4 3.0 34.3 1.1 4.0 26.2 16.6 9.6 3.0 36.4 0.9 5.8 26.4 16.7 9.7 3.2 37.3 1.2 5.8 27.3 16.8 10.5 3.1 34.7 1.5 2.2 27.8 16.9 10.9 3.2 33.0 1.4 0.1 28.2 17.1 11.1 3.3 34.7 1.2 2.1 27.8 17.1 10.6 3.6 36,2 1.4 3.3 28.1 17.0 11.1 3.4 19 20 21 22 23 24 25 168.4 5.6 10.7 129.6 97.8 31.8 22.5 168.8 5.6 11.2 131.6 99.1 32.5 20.4 174.3 5.8 11.8 134.9 101.9 33.0 21.9 176.2 6.1 11.8 137.9 104.1 33.9 20.4 178.1 6.1 11.3 140.1 105.9 34.2 20.6 176.7 6.0 11.4 140.7 106.3 34.4 18.6 168.0 5.6 11.0 130.6 98.3 32.2 20.9 168.8 5.5 11.1 131.0 98.4 32.5 21.2 168.6 5.5 11.3 131.8 99.3 32.5 20.0 169.6 5.6 11.5 132.9 100.1 32,8 19.6 171.6 5.6 11.6 134.0 101.2 32.8 20.4 174.7 5.7 11.8 134.7 101.7 33.0 22.5 175.7 5.8 11.9 135.3 102.2 33.1 22.7 175.3 5.9 12.0 135.5 102.5 33.0 21.9 SURVEY OF CURRENT BUSINESS July 53 Table 3.8B.—Government Purchases of Goods and Services by Type in Constant Dollars—Continued [Billions of 1972 dollars] Seasonally adjusted at annual rates Government purchases of goods and services. Federal National defense Durable goods Nondurable goods Services . Compensation of employees Military Civilian Other services Structures Nondefense Durable goods . . Nondurable goods Services Compensation of employees Other services Structures ... State and local Durable goods ... .. .. Nondurable goods Services Compensation of employees Other services Structures 1980 1979 Line 1981 1982 I II III IV I II III IV I II III IV I II 1 276.4 276.8 278.8 281.2 284.7 286.9 283.4 283.2 286.8 283.9 286.4 291.3 289.2 284.5 2 3 4 5 6 7 8 9 10 11 102.2 66.4 16.8 2.2 46.2 32.0 18.8 13.2 14.1 1.3 101.0 67.1 17.4 2.2 46.3 31.9 18.7 13.2 14.4 1.3 101.9 67.7 17.7 2.3 46.3 32.0 18.7 13.3 14.3 1.5 103.4 68.2 18.8 2.2 45.9 31.9 18.7 13.2 13.9 1.3 106.4 70.3 19.1 2.4 47.4 32.0 18.8 13.3 15.4 1.4 109.1 70.4 18.1 2.4 48.5 32.1 18.8 13.3 16.4 1.4 105.5 70.0 17.7 2.5 48.0 32.3 19.1 13.3 15.6 1.8 104.8 69.6 18.2 2.5 47.5 32.3 19.1 13.2 15.2 1.4 107.9 71.0 18.6 2.6 48.5 32.5 19.2 13.3 16.0 1.3 107.0 72.9 19.9 2.7 49.0 32.7 19.2 13.5 16.3 1.3 110.7 74.3 20.2 2.4 50.3 33.0 19.3 13.6 17.3 1.3 116.0 76.1 20.1 2.6 51.8 33.1 19.4 13.6 18.8 1.5 114.4 74.5 19.9 2.8 50.3 33.2 19.5 13.7 17.1 1.5 109.4 75.8 20.7 2.9 50.5 33.3 19.5 13.7 17.2 1.7 12 13 14 15 16 17 18 35.8 1.5 2.3 28.9 17.0 11.9 3.1 33.8 1.4 0.5 28.8 17.0 11.8 3.1 34.2 1.5 0.2 29.3 17.0 12.3 3.1 35.2 0.7 2.4 29.1 16.9 12.2 3.0 36.1 1.8 1.7 29.4 17.0 12.4 3.2 38.7 1.6 3.8 30.1 17.7 12.4 3.1 35.5 1.6 1.0 29.8 17.4 12.4 3.1 35.2 1.4 1.7 28.9 17.0 11.8 3.2 36.9 1.5 3.1 29.0 17.1 12.0 3.3 34.1 1.3 1.0 28.6 17.0 11.6 3.1 36.5 1.1 4.2 28.1 16.8 11.3 3.0 39.9 1.2 7.9 27.9 16.7 11.2 2.8 39.8 1.3 8.1 27.7 16.6 11.1 2.7 33.6 1.3 2.3 27.5 16.5 11.0 2.5 19 20 21 22 23 24 25 174.2 5.9 12.0 136.6 103.2 33.3 19.6 175.9 6.0 12.0 137.6 103.9 33.8 20.3 176.8 6.1 11.7 138.3 104.4 34.0 20.7 177.8 6.2 11.5 139.2 104.9 34.3 21.0 178.3 6.1 11.3 139.6 105.4 34.2 21.2 177.8 6.1 11.2 139.9 105.8 34.1 20.6 177.9 6.1 11.3 140.3 106.1 34.2 20.3 178.4 6.1 11.4 140.8 106.3 34.5 20.2 179.0 6.0 11.3 141.4 106.8 34.6 20.3 176.9 6.0 11.3 141.2 106.5 34.7 18.5 175.7 6.0 11.5 140.4 106.1 34.3 17.9 175.3 5.9 11.6 139.9 106.0 33.9 17.9 174.9 5.9 11.7 140.0 106.0 34.0 17.2 175.0 5.9 11.8 139.9 105.8 34.1 17.3 Table 3.9.—National Defense Purchases [Millions of dollars] Line National chases. defense 1980 1981 92,825 100,273 111,839 131,360 153,732 2 18,623 22,304 24,059 28,998 33,557 40,082 3 4 5 6 7 8 9 10 14,347 5,945 2,160 2,481 1,145 1883 4276 17,224 6,859 2,232 3,297 1,016 1,168 2,652 5,080 18,794 7,161 2,578 3,459 1,362 1,363 2,871 5,265 22,850 9,148 3,151 3,738 1748 1,797 3,268 6148 26,710 10,950 3,692 4,276 1887 2,217 3,688 6,847 31,023 12,739 4,631 4,943 1745 2,664 4,301 9,059 11 4,656 4,971 5,459 6,589 10,694 12,597 12 13 14 15 2,721 2,898 676 477 782 870 467 736 3,186 1,095 3,994 1,339 7,583 1,558 8,950 1,849 464 792 662 891 1,057 16 60,387 63,119 68,250 73,768 84,071 98,047 17 18 40,940 23,987 16,953 19447 6,765 42,835 24,854 17,981 20 284 7,103 46,101 26,294 19,807 22,149 7,551 48,675 27,630 21,045 25093 8,298 53,228 30,493 22,735 30843 10,196 60,806 35,641 25,165 37241 11,763 1,099 1,785 1,298 2,190 1,561 2,610 2,080 2886 Nondurable goods Bulk petroleum products .. Ammunition Clothing and textiles Other nondurable goods Services Compensation of employees Military Civilian Other services Contractual research and development. Travel Transportation .. .. .. .. Communications ... Depot maintenance Other 1979 85,964 Military equipment Aircraft Missiles Ships Vehicles Electronics equipment Other Other durable goods Military facilities Other 1978 pur- 1 Durable goods Structures 1977 1976 19 20 21 733 457 721 741 23 24 25 26 1,310 1,981 1,298 2,082 596 643 667 1,349 7,853 1,638 7,609 1,957 8,594 2,262 10 359 2825 12931 3310 16 338 27 2 298 2,431 2,505 2484 3038 3 006 28 29 1,559 1,595 1,644 739 836 861 1,667 2 141 817 897 1 983 1023 22 686 720 864 54 SURVEY OF CURRENT BUSINESS July Table 3.10.—National Defense Purchases in Constant Dollars [Billions of 1972 dollars] Line National defense chases. 1976 1978 1977 1980 1979 1981 pur- 1 64.9 65.4 65.7 67.4 70.1 73.5 2 15.0 16.5 16.2 17.7 18.3 19.7 3 4 5 6 7 8 9 10 11.6 51 19 17 0.5 1.0 15 3.4 127 53 19 20 07 09 20 38 12.6 48 20 20 09 10 20 36 13.8 5.5 20 20 10 12 21 39 14.4 58 21 20 10 13 22 3.8 15.1 6.1 22 22 0.8 15 23 4.6 11 23 22 22 22 24 2.6 12 13 14 15 0,9 0.4 04 06 0.9 0.5 03 05 0.9 0.6 0.3 04 0.8 0.7 0.3 04 0.9 0.7 0.4 0.4 0.9 0.8 0.4 0.5 16 46.1 45.1 45.6 46.1 47.9 49.9 32.0 187 13.2 14.2 4.7 32.2 189 13.3 15.7 5.2 32.8 193 13.5 17.1 5.3 0.8 1.2 0.6 1.3 5.6 0.8 1.2 0.6 1.5 6.3 0.9 1.2 0.6 1.6 7.5 Durable goods Military equipment , Aircraft Missiles Ships Vehicles Electronics equipment Other Other durable goods,.... Nondurable goods Bulk petroleum products Ammunition Clothing and textiles . ... ... . Other nondurable goods .. Services 17 Compensation of employees 18 Military Civilian .... 19 20 Other services .. Contractual research and 21 development. Travel ..... .. . . 22 Transportation 23 Communications 24 25 Depot maintenance 26 Other 32.3 194 12.9 13.8 4.9 32.0 192 12.7 132 4.7 32.2 190 13.2 13.4 4.7 0.9 12 0.6 1.0 53 0.9 13 0.6 1.0 4.7 0.9 13 0.6 1.1 4.9 .... 27 1.6 1.6 1.6 1.4 1.5 1.4 1.0 0.5 0.9 0.4 1.1 0.4 0.9 0.4 Structures Military facilities Other 28 29 , 1.1 0.6 1.1 0.5 Table 3.11.—Government Transfer Payments to Persons [Millons of dollars] Line 1977 1976 1978 1979 1981 1980 Government transfer 1 payments to persons. 186,353 199,289 214,592 239,991 285,847 323,939 2 158,761 169,570 181,804 204,959 246,210 280,941 3 121,539 132,187 142,132 160,286 192,282 222,846 4 74,501 83,239 91,380 102,581 118,586 138,689 5 18,366 21,704 24,851 29,238 35,582 43,310 6 7 g 9 14,809 14280 310 219 11,981 11,533 274 174 8,978 8,612 175 191 9,406 9100 163 143 15,761 15345 178 238 15,155 14667 222 266 10 11 3550 8,860 3783 9,929 3985 11,271 4313 12,951 4812 15,481 5304 18,163 12 13 14 15 8,723 137 936 517 9,768 161 980 571 11,094 177 1,031 636 12,740 211 1,080 717 15,230 251 1,222 838 17,883 280 1,314 911 16 17 18 19 20 . . 21 7,696 13,399 8,452 4345 602 8,503 12,802 9,189 3,145 468 9,428 12,812 9,713 2,823 276 10,649 13,333 10,636 2,411 286 12,480 13,766 11,373 2,042 351 14,021 14,755 12,520 1,924 311 22 23 24 4,598 981 975 4,394 972 680 4,585 1,038 163 6,332 1,724 8,214 1,751 10,097 1,725 25 26 27 28 4,631 4,743 4,920 5,321 5,906 6,550 908 4,034 902 4,387 880 5,846 822 6,492 1,326 10485 1,318 9,629 Federal .. .... ... Benefits from social insurance funds. Old-age, survivors, and disability insurance. Hospital and supplementary medical insurance. Unemployment insurance...... State . . .. Federal employees Railroad Railroad retirement Federal civilian employees retirement. Civil service Other 1 Veterans life insurance Workmen's compensation Military retirement Veterans benefits Pension and disability Unemployment Other 2 Food stamp benefits Black lung benefits Special unemployment benefits. Supplemental security income. Direct relief Earned3 income credit Other ... 29 27,592 29,719 32,788 35,032 39,637 42,998 Benefits from social insurance funds. Government pensions ...... ...... Temporary disability insurance. Workmen's compensation 30 11,292 12,489 14,144 15,838 17,802 20,160 31 32 9,581 511 10,544 570 11,960 622 13,304 695 15,002 780 17,000 910 33 1,200 1,375 1,562 1,839 2,020 2,250 Direct relief General assistance., Other direct relief Aid to families with dependent children. Other categorical public assistance 4. 34 35 36 37 12840 1,229 11,611 10,053 13,440 1,238 12,202 10,574 13,617 1,205 12,412 10,699 14 068 1,230 12,838 10,999 15999 1,442 14557 12,409 16,995 1,460 15535 13,360 38 1,558 1,628 1,713 1,839 2,148 2,175 Other 5 39 3,460 3,790 5,027 5,126 5,836 5,843 State and local 1 Consists 2 Consists 3 Consists 4 .. largely of foreign service and Tennessee Valley Authority. of mustering out pay, terminal leave pay, and adjusted compensation benefits. largely of payments to nonprofit institutions and aid to students. Prior to 1974, consists of old-age assistance, aid to the blind, and aid to the permanently and totally disabled. In 1974, these programs were replaced by the Federal Supplementary Security Income (SSI) program. Beginning with 1974 consists of State benefits under the SSI program. Federal SSI benefits are shown in line 25. 5 Consists largely of educational assistance, medical insurance premiums paid on behalf of indigents, veterans bonuses, other types of veterans aid, and foster care payments. SURVEY OF CURRENT BUSINESS July 55 Table 3.12.—Subsidies Less Current Surplus of Government Enterprises [Millions of dollars] Line 1976 Subsidies less current surplus of government enterprises.. Federal , , , Subsidies Less: Current surplus of government enterprisesWater and sewerage Gas and electricity Toll facilities Liquor stores Air and water terminals Housing and urban renewal Public transit Other3. 1981 3,748 3,353 5,478 6,647 8,185 9,484 9,239 11,657 13,111 5,602 711 3,083 501 73 1,234 -210 -1,647 -185 190 465 967 7,512 1,764 3,513 526 83 1,626 -673 -2,062 -290 182 581 916 9,288 2,868 4,162 533 72 1,653 -196 -1,404 -848 192 655 1,209 9,215 1,179 5,225 574 77 2,160 -24 -1,303 -1,167 262 912 1,272 10,370 1,160 6,141 579 90 2,400 -1,287 -2,289 -1,730 405 1,105 1,222 12,194 1,623 8,010 550 117 1,894 -917 -1,259 -2,171 392 1,175 946 -4,839 ~ 5,129 -5,736 -5,886 -6,179 -6,464 189 5,028 1,533 1,896 814 408 591 639 -1,192 210 5,339 1,480 2,077 848 421 696 670 -1,316 463 5,975 1,719 2,390 868 447 794 681 -1,556 632 327 6,213 1,952 2,603 847 506 891 592 -1,953 775 354 6,533 2,099 2,678 854 565 990 483 -2,084 948 402 6,866 2,282 2,785 840 559 1,082 826 -2,664 1,156 5,812 State and local.. 1980 1979 3,056 973 , Subsidies., Agricultural Housing... , Maritime , , Air carriers ........„„ , , Other1 Less: Current surplus of government enterprisesPostal Service Commodity Credit Corporation Federal Housing Administration Tennessee Valley Authority Other2. 1978 1977 1 Consists 2 Consists 3 largely of subsidies to exporters of farm products and to railroads. largely of Federal Deposit Insurance Corporation, Federal Savings and Loan Insurance Corporation, and Bonneville Power Administration. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities. Table 3.13.—Social Insurance Funds Receipts and Expenditures [Millions of dollars] Line 1976 1977 1978 1980 1979 1981 Federal Receipts Contributions for social insurance Personal contributions Employer contributions., Government and government enterprises Other... , Interest received , , Expenditures , Administrative expenses (purchases of goods and services) Transfer payments to persons, ...„. Surplus or deficit (-) , ,. , , 1 113,687 125,908 145,453 168,968 185,169 217,639 2 106,502 118,501 137,165 159,488 174,067 204,312 3 49,696 54,686 62,822 73,618 81,132 96,353 4 5 6 56,806 11,691 45,115 63,815 12,764 51,051 74,343 14,119 60,224 85,870 15,904 69,966 92,935 17,431 75,504 107,959 20,084 87,875 7 7,185 7,407 8,288 9,480 11,102 13,327 8 125,550 136,349 146,713 165,177 197,577 228,618 9 10 4,011 4,162 4,581 4,891 121,539 132,187 142,132 160,286 5,295 192,282 5,772 222,846 11 -11,863 -10,441 -1,260 3,791 -12,408 -10,979 12 27,316 30,890 34,880 40,146 45,648 52,578 13 19,527 22,079 24,675 27,410 29,916 7,554 8,548 19,963 2,399 25,260 22,711 2,549 State and local Receipts ,...., ., Contributions for social insurance „..., Personal contributions.. 14 5,789 6,427 6,947 7,489 Employer contributions Government and government enterprises Other... , 15 16 17 13,738 12,408 15,652 13,972 19,921 17,630 1,330 1,680 17,728 15,646 2,082 Interest and dividends received Expenditures .„ , „..„...„..... Adminstrative expenses (purchases of goods and services) Transfer payments to persons Surplus or deficit (-).... , .-. •„ 2,291 18 7,789 8,811 10,205 12,736 15,732 18,770 19 11,690 12,925 14,612 16,354 18,364 20,776 20 21 398 436 468 516 562 11,292 12,489 14,144 17,802 616 20,160 22 15,626 17,965 20,268 27,284 31,802 23,792 NOTE.—In this table interest and dividends received is included in receipts; in tables 3.1, 3.3, 3.15, 3.17, 3.19, and 9.4, interest received and dividends received are netted against expenditures. 56 SURVEY OF CURRENT BUSINESS July Table 3.14.—State and Local Government Social Insurance Funds Receipts and Expenditures [Billions of dollars] Seasonally adjusted at annual rates 1976 Line Receipts 1977 1978 1979 1980 1981 1977 I II 1978 IV III I II III IV 1 27.3 30.9 34.9 40.1 45.6 52.6 29.5 30.4 31.4 32.2 33.1 34.1 35.4 36.9 2 19.5 22.1 24,7 27.4 29.9 33.8 21.1 21.8 22.4 23.0 23.6 24.2 25.0 25.9 Personal contributions 3 5.8 6.4 6.9 7.5 7.6 8.5 6.2 6.4 6.5 6.6 6.7 6.9 7.0 7.2 Employer contributions ... ,., . Government and government enterprises Other ., 4 5 6 13.7 12.4 1.3 15.7 14.0 1.7 17.7 15.6 2.1 19.9 17.6 2.3 22.4 20.0 2.4 25.3 22.7 2.5 14.9 13.4 1.5 15.4 13.8 1.6 15.9 14.2 1.7 16.4 14.5 1.8 16.8 14.9 1.9 17.3 15.3 2.0 18.0 15.9 2.1 18.8 16.5 2.2 Contributions for social insurance , Interest and dividends received , 7 7.8 8.8 10.2 12.7 15.7 18.8 8.4 8.7 9.0 9.2 9,6 9.9 10.4 10.9 8 11.7 12.9 14.6 16.4 18.4 20.8 12.4 12.7 13.1 13,5 13.9 14.4 14.8 15.2 0.4 0.4 0.5 0.5 0.6 0.6 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 11.3 12.5 14.1 15.8 17.8 20.2 12.0 12.3 12.6 13.0 13.5 14.0 14.4 14.8 15.6 18.0 20.3 23.8 27.3 31.8 17.1 17.7 18.3 18.8 19.2 19.7 20.6 21.6 Expenditures ... Administrative expenses (purchases of goods and serv- 9 ices). Transfer payments to persons 10 Surplus or deficit (— ) .... . . .. 11 Seasonally adjusted at annual rates 1979 Line I Receipts Contributions for social insurance 1981 1980 II III IV I II HI IV I II 1982 IV III n I 1 38.2 39.4 40.8 42.2 43.3 44.2 46.7 48.3 50.1 51.7 53.4 55.1 56.8 58.5 2 26.6 27.1 27.7 28.3 28.7 28.8 30.6 31.6 32.5 33.4 34.2 35.1 36.0 36.9 Personal contributions 3 7.3 7.5 7.6 7.6 7.4 6.8 7.9 8.1 8.3 8.5 8.6 8.7 8.9 9.1 Employer contributions Government and government enterprises Other 4 5 6 19.2 17.0 2.3 19.6 17.4 2.3 20.1 17.8 2.3 20.7 18.4 2.3 21.3 19.0 2.3 22.0 19.6 2.4 22.7 20.3 2.4 23.4 21.0 2.5 24.2 21.7 2.5 24.9 22.4 2.5 25.6 23.1 2.6 26.3 23.7 2.6 27.1 24.4 2,6 27.8 25.1 2.7 7 11.6 12.3 13.1 13.9 14.6 15.4 16.2 16.8 17.6 18.3 19.2 20.0 20.8 21.6 8 15.7 22.8 Interest and dividends received 16.1 16.5 17.0 17.5 18.1 18.6 19.3 19.8 20.5 21.1 21.7 22.3 Administrative expenses (purchases of goods and serv- 9 ices). Transfer payments to persons 10 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 15.3 15.6 16.0 16.5 17.0 17.5 18.1 18.7 19.3 19.8 20.4 21.1 21.6 22.1 11 22.4 23.3 24.2 25.2 25.8 26.2 28.1 29.1 30.3 31.3 32.3 33.3 34.5 35.7 expenditures Surplus or deficit ( ) NOTE.—In this table interest and dividends received is included in receipts; in tables 3.1, 3.3, 3.15, 3.17, 3.19, and 9.4, interest received and dividends received are netted against expenditures. Table 3.15.—Government Expenditures by Function [Millions of Dollars] Line Total 1 Central executive legislative and judicial activities International affairs Space . .... * . ... ..... .. Education .. ,. . ..... . .... . 1976 1977 1979 1978 1980 1 574 938 623 255 681,105 750,755 871,184 2 19605 21408 24,121 27,006 30089 3 3440 3766 4,201 4,932 5,935 4 3,667 3,769 3,923 4,253 5,009 5 85,789 92,678 100,069 111,605 131,088 6 20,017 21,653 23,905 26,063 28,652 7 103,483 111,174 120,910 133,246 148,387 Health and hospitals 8 26,402 28,700 32,315 35,563 40,501 Income support, social security and welfare . . 9 184,661 199,225 213,906 239,095 284,992 •• 10 19,485 19,356 19,985 20,965 22,365 11 10,555 11,700 14,972 16,695 18,522 12 5,433 5,866 6,657 7,072 7,941 Energy 13 3,360 4242 6538 5,712 5,382 Agriculture 14 5731 9844 8331 6,391 9,548 7,215 Veterans benefits and services •• Recreational and cultural activities . ,. . ••••. Natural resources .. ... , Postal service..... , 5,078 5,482 27,382 28,676 32,401 36,303 40,974 , 17 2,207 2,455 1,776 1,696 2,700 ....... . 18 2,544 2,857 3,074 3,638 4,521 . 19 3674 4149 5,697 6,046 6,759 •• •• 20 616 774 -942 -1,153 1,347 ..... 21 30085 32649 37,516 41,385 51,943 ..... ... .. ... ... . 22 13274 14,784 16,489 17,460 19,968 Labor training and services Commercial activities Other and unallocable 4,760 16 , Economic development regulation and services Net interest paid 2 .,...,....,. 15 6,601 > . . . . . • ••• ... . ... . . . . . •• 1 Equals Federal government expenditures less grants-in-aid to State and local goverments plus State and local government expenditur< s. These data include employee compensation on a disbursement basis. The estimates by function include employee compensation on an accrual basis. Wage accruals less disbursements (in million of dollars) is zero except as follows: 1978, 221; 1979, -181; 1980, -40; 1981, 42. 2 Excludes interest received by State and local social insurance funds, which is netted against expenditures for the appropriate functions. July 57 SURVEY OF CURRENT BUSINESS Table 3.16.—Federal Government Expenditures by Type and Function [Millions of dollars] 1977 1976 Line Expenditures1 Purchases of goods and services Transfer payments and net interest paid Grants-inaid to State and local governments Subsidies less current surplus of government enterprises Expenditures1 Purchases of goods and services Transfer payments and net interest paid Grants-maid to State and local governments Subsidies less current surplus of government enterprises 1 384 833 129,174 188 746 61,101 5,812 421,089 143,444 201,924 67,536 8,185 2 3 4 5 6 7,429 2714 2859 1331 525 6,616 2218 2859 1,177 362 160 2 650 491 3 3 275 155 —1 —1 154 5 7,181 2156 3194 1,391 440 80 15 158 7,535 2,295 3,194 1,506 540 95 115 5 .. 7 g 9 3440 1 137 2303 1,143 1 107 36 2,312 30 2282 3,766 1426 2340 1,445 1398 47 2,315 28 2287 10 3 740 3667 73 3841 3769 72 11 12 13 14 15 86,258 84805 76 1,529 152 85,964 84545 42 1,529 152 469 435 34 93,333 92771 ' 82 589 109 92,825 92299 46 589 109 655 619 36 Civilian safety Police Fire Correction 16 17 18 19 2,064 1409 9 646 1,444 1 146 9 289 4 4 1,569 1231 15 4 4 565 237 357 2,138 1472 15 651 Education Elementary and secondary Higher General research and other 20 21 22 23 7643 3,172 2,460 2011 953 287 156 510 2,145 143 1,656 346 4,545 2,742 648 1 155 9,159 3,975 3,005 2179 994 298 159 537 2,663 154 2,179 330 5,502 3,523 667 1312 Health and hospitals Total * Central executive, legislative, and judicial activities..., Central administration and management Tax collection and financial management Legislative and judicial activities Other. .... International affairs . Foreign economic assistance Space National defense , Military activities Civil defense Foreign military assistance Other ... .. — 15 15 -175 175 616 259 on*} 6 6 328 24 6,963 3,515 717 2,731 7,090 3,662 625 2,803 25 Income support social security and welfare 26 Retirement 27 Old age and survivors insurance 28 Government employees civilian 29 Government employees military ... 30 Railroad ..... ..... 31 Disability 32 Disability insurance (social security) Government employees, civilian 33 Government employees, military .... 34 35 Railroad 36 Other 37 Unemployment insurance Regular , .... 38 39 Extended 40 Other 41 Medical care Hospital and supplementary medical insurance (Medi- 42 care). 43 Medicaid Welfare and social services.. . ... ... .. ... ... ... .... 44 45 Other 169,152 83,254 65921 7434 6,717 3182 14,300 10337 1,609 928 420 1006 17341 10,603 6,044 694 28 459 19,229 3,514 760 735 23,899 715 715 152,579 91,648 72 544 8274 7472 3,358 15,585 11313 1 867 978 450 977 12823 8,576 3,637 610 21,704 21,704 25,783 9,262 22 182,379 92,457 73316 8274 7,472 3,395 16,176 11888 1,867 978 455 988 14,373 10,126 3,637 610 32,584 22,443 4,017 809 772 841 841 141,739 82,494 65186 7434 6,717 3,157 13,822 9882 1609 928 417 986 15949 9,211 6,044 694 18366 18,366 1285 337 9520 1,588 9,230 12,697 371 10141 24,397 2,392 1,605 514 9,216 1,603 Veterans benefits and services .. Disability and survivors compensation Education Insurance . . . . . . Hospitals and medical care Other 46 47 48 49 50 51 19,491 8575 4380 970 4,162 1404 4,908 14,503 8 575 4351 969 5,333 13,946 9320 3,169 987 Housing and community services Urban renewal and community development Housing . i Water and sewerage 52 53 54 55 8935 3314 2647 2974 529 332 197 Recreational and cultural activities 56 1,271 851 4 010 2690 1 111 209 4379 2356 1 814 209 61 62 63 64 65 4,962 2268 688 671 1335 2,956 1528 152 322 954 66 2,818 2,246 67 68 69 70 71 72 12,862 6,369 1,908 2195 693 1,697 4,035 280 1,653 1936 104 62 73 2207 561 74 75 76 77 1464 1226 280 42 1,132 444 280 408 581 581 759 375 384 5,446 2,146 3300 Energy Conservation and development of energy sources Production and sale of power Administration and regulation ... Agriculture .. . ... Stabilization of farm prices and income Financing farm ownership and utilities . Conservation of agricultural resources Other , .. Natural resources Transportation Jjiffhwavs Water Air Railroad Transit Postal service ... .. . ... 57 . . .... 58 59 60 .. .. ... .. .... .. ... .... Economic development regulation) and services Economic development assistance . . Other Labor training and services .... Training programs Other Net interest paid Revenue sharing , , 9230 23,502 2,296 78 79 80 6,378 2,654 3724 81 26769 82 6977 25 241 218 3 20 50 50 29 1 4,114 764 608 237 237 1,342 1,342 81 48 33 i 5,909 2,935 2497 47 2,450 2974 234 186 25 5 5 190 5 161 498 74 3,404 2579 7,408 6,089 5 194 9 1,111 1,414 245 65 580 524 13 853 6143 2,149 2541 1 141 1879 4477 246 1,861 2079 230 61 1,646 2455 393 249 201 2461 2162 312 13 1 283 496 312 475 40 40 7,278 2,890 4388 916 366 550 29 096 6,975 8351 95 3 464 188 383 312 71 30 30 g 2 6 586 2 122 121 341 841 841 2,510 1 720 456 334 714 111 7 538 5,895 7 387 27 1,222 1830 275 75 884 596 2,062 1 478 1478 300 188 488 239 239 6,070 2,285 3785 29096 5 —4 4 944 5,866 4302 219 339 1006 10,141 13,576 275 2,906 35 2,871 1,322 8,992 6024 797 794 1377 10,165 24 6,483 3,019 149 149 1,342 669 444 229 1507 1,507 61 34 567 346 221 639 71 92 120 356 260 260 470 10,105 3,549 3,092 3464 3525 1402 234 450 133 133 33 1 4,564 735 764 26769 2 764 19,370 9320 3202 988 4,625 1235 5 11 43 43 5619 3213 2172 234 395 334 61 25 _i 37 331 315 -147 — 147 8346 53 53 58 SURVEY OF CURRENT BUSINESS July Table 3.16.—Federal Government Expenditures by Type and Function—Continued [Millions of dollars] 1978 Line Total1 Expenditures1 1979 Transfer payments and net interest paid Purchases of goods and services Grants-inaidto State and local governments Subsidies less current surplus of government enterprises Expenditures1 Purchases of goods and services Transfer payments and net interest paid Grants-maid to State and local governments Subsidies less current surplus of government enterprises 1 461,032 153,587 220,746 77,261 9,484 509,726 168,343 251,588 80,510 9,239 2 3 4 .,.,.. 5 6 8,473 2,666 3,520 1,651 636 7,747 2,210 3,520 1,506 511 106 618 454 2 2 415 262 6 6 145 19 8,866 3,052 3,541 1,632 641 14 16 106 9,273 3,304 3,541 1,767 661 2 135 18 7 8 , 9 4,201 1,509 2,692 1,542 1,482 60 2,703 27 2,676 4,932 1,929 3,003 1,943 1,903 40 3,076 26 3,050 10 3,997 3,923 74 4,338 4,253 85 11 12 13 14 15 100,808 100,131 88 642 53 100,273 99,641 43 642 -53 739 694 45 112,444 111,578 98 815 47 111,839 111,014 57 815 -47 839 798 41 16 17 18 19 2,125 1,558 13 554 1,703 1,333 13 357 3 3 419 222 1,858 1,439 32 387 3 3 401 208 197 2,262 1,650 32 580 . . . 20 ..... 21 22 23 10,107 4,434 3,236 2,437 1,026 280 170 576 3,003 154 2,462 387 6,078 4,000 604 1,474 12,075 5,254 4,129 2,692 1,127 305 208 614 3,720 174 3,113 433 7,228 4,775 808 1,645 ......... 24 7,824 4,265 636 2,923 8,044 4,453 698 2,893 Income support, social security, and welfare.. . . „ , , , 25 Retirement ,. 26 Old age and survivors insurance 27 28 Government employees civilian .... , .. Government employees, military 29 30 Railroad , Disability 31 32 Disability insurance (social security) Government employees, civilian 33 Government employees, military........ , , 34 Railroad 35 Other ... . . . . 36 Unemployment insurance ,. 37 Regular 38 Extended 39 Other . . . . . 40 Medical care ..... . , 41 Hospital and supplementary medical insurance (Medi- 42 care). Medicaid ... .. ., , 43 44 Welfare and social services 45 Other 197,096 101,892 80,581 9,392 8,356 3,563 17,569 12,886 2,116 1,029 471 1,067 11,550 9,460 849 1,241 36,839 25,821 4,303 891 872 28,541 952 952 186,128 113,945 89,804 10,806 9,499 3,836 19,285 13,523 2,418 1,104 506 1,734 10,054 8,879 221 954 29,238 29,238 30,740 11,044 26 221,448 114,848 90,677 10,806 9499 3,866 19,920 14,125 2,418 1,104 510 1,763 11,715 10,540 221 954 43,070 30,218 4,580 903 873 944 944 164,252 101,001 79,709 9,392 8,356 3,544 17,003 12,346 2,116 1,029 468 1,044 10,016 7,926 849 1,241 24,851 24,851 1,690 445 9,782 1,599 11,018 15,447 283 12,852 29,339 2,556 1,823 529 12,000 1,606 46 47 , . .... 48 49 50 51 20,003 9,851 2,879 1,038 5,115 1,120 5,899 14,011 9,851 2,846 1,037 6,292 14,594 10,788 2,434 1,086 52 53 54 55 10,576 3,653 3,688 3,235 Recreational and cultural activities 56 Energy Conservation and development of energy sources Central executive, legislative and judicial activities Central administration and management Tax collection and financial management Legislative and judicial activities., Other .. ... International affairs Conduct of foreign affairs and informational activities Foreign economic assistance.. Space National defense Military activities Civil defense Foreign military assistance Other , Civilian safety Police Fire Correction ,. , .„ , . ..... Education... ,. Elementary and secondary Higher General research and other Health and hospitals .. .. .. , ... ........ Veterans benefits and services Disability and survivors compensation Education.... ,. ,. ..... . Insurance Hospitals and medical care Other ,. .. . 11,018 26,919 2,327 19 279 253 3 23 54 54 33 1 5,056 809 44 44 -204 -204 287 287 1,480 1,480. 98 -5 277 59 39 5 643 407 236 140 140 6,241 3,006 3,552 100 3,452 1,535 1,041 239 57 58 59 60 7,287 5,534 1,470 283 7,783 5,130 2,370 283 61 62 63 64 65 7,484 4,214 982 809 1,479 2,493 778 268 375 1,072 Natural resources 66 3,832 3,022 Transportation Highways Water Air Railroad Transit .... 67 68 69 70 71 72 15,405 6,563 2,422 2,896 1,183 2,341 5,004 254 2,122 2,239 332 57 Postal service . Housing and community services Urban renewal- and community development Housing Water and sewerage.. .. .. ,. Administration and regulation Agriculture . ... Financing farm ownership and utilities Conservation of agricultural resources . Other ... .. Economic development regulation and services Economic development assistance . Other Labor training and services Training programs Other ... . .. •• Net interest paid... Revenue shading,.,.. , ..„.„...„., , .... 73 1,776 372 74 75 76 77 4,919 4,614 333 -28 1,365 501 333 531 78 .. 79 80 10,727 4,203 6,524 1,176 646 530 81 35,180 82 7,723 6 6 -985 7,063 4,599 2,132 332 728 31 208 123 366 4,222 3,405 506 311 5,488 1,861 1,258 790 1,579 1,620 -254 306 436 1,132 759 51 4,719 3,822 8,542 6,309 6 595 38 1,594 1,853 17,846 8,175 2,779 2,889 1,332 2,671 5,528 270 2,508 2,311 373 66 1,404 1,696 393 3,949 3,949 -395 164 3,151 2,637 351 163 1,576 515 351 710 10,491 4,667 5,824 1,458 774 684 35,180 7 33 33 6,863 111 4,038 6 -5 279 634 530 104 1,199 52 808 52 290 123 395 3,008 2,115 662 231 16 9 7 1199 844 53 10,197 7,896 4 517 60 1,720 2,105 260 61 899 885 1,303 1,881 1,880 1 553 553 8,477 3,340 5,137 42,399 42,399 7,716 12,852 15,516 421 -5 6,498 5,129 1,037 332 9,092 3,131 5,961 12,880 28 4,592 327 4,265 205 288 62 813 690 1,612 1,612 7,821 3,783 1,049 985 311 311 60 51 1,533 255 234 -234 286 158 158 559 426 426 33 1 5,417 841 617 426 191 489 404 85 41 4 29 49 49 -87 193 13,188 4,694 4,456 4,038 3,235 41 20,992 10,788 2,467 1,087 5,477 1,173 30 324 291 -87 6,857 306 242 -548 3 3 July SURVEY OF CURRENT BUSINESS 59 Table 3.16.—Federal Government Expenditures by Type and Function—Continued [Millions of dollars] 1980 Line Total1 Expenditures1 Purchases of goods and services 1981 Transfer payments and net interest paid Grants-maid to State and local governments Subsidies less current surplus of government enterprises Expenditures1 Purchases of goods and services Transfer payments and net interest paid Grants-inaid to State and local governments Subsidies less current surplus of government enterprises 1 602,092 197,180 304,580 88,675 11,657 688,189 228,947 358,484 87,689 13,111 2 3 4 5 6 10811 4,049 3837 1916 1009 10,254 3,738 3837 1791 888 84 -16 468 322 5 5 463 364 7 7 125 21 10,343 3,363 4092 1,866 1,022 31 -14 100 10,782 3,720 4092 1941 1,029 -17 75 24 7 International affairs Conduct of foreign affairs and informational activities . . . 8 9 Foreign economic assistance , . 5,935 1966 3,969 1,989 1,934 55 3,962 32 3,930 6,231 2,006 4,225 2,009 1,972 37 4,242 34 4,208 .. Central executive legislative and judicial activities Central administration and management Tax collection and financial management Legislative and judicial activities Other Space National defense Military activities Civil defense Foreign military assistance Other Civilian safety Police Fire Correction . . . .. . . Education Elementary and secondary Higher General research and other . .. . 16 -16 10 5,127 5,009 118 11 12 13 14 15 132,098 130,835 155 1 147 -39 131,360 130,142 110 1,147 -39 1,010 965 45 16 17 18 19 2,378 1,770 44 564 2,004 1,575 44 385 3 3 371 192 20 21 22 23 14139 5,738 5,488 2913 1,273 362 222 689 4,986 138 4,377 471 20 -20 5,746 5,611 135 154,581 153,324 144 1 108 5 153 732 152,518 101 1108 5 1 131 1,088 43 2,080 1,647 43 390 2 2 238 116 179 2,320 1,765 43 512 7,880 5,238 889 1753 15,347 5,666 6,685 2996 1444 312 221 911 6,033 145 5,405 483 7870 5,209 1,059 1602 272 -272 122 Health and hospitals 24 9,428 5,414 761 3,253 10,068 5,878 726 3,464 Income support, social security, and welfare Retirement Old age and survivors insurance Government employees civilian ..... Government employees, military Railroad Disability . ... . . . Disability insurance (social security) Government employees civilian Government employees military Railroad Other Unemployment insurance . Regular Extended Other Medical care Hospital and supplementary medical insurance (Medicare). Medicaid Welfare and social services Other 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 266,541 133,460 105 059 12,961 11,126 4314 22381 15,909 2863 1245 570 1794 20357 15,782 1,594 2981 50965 36,705 5,311 917 884 35,950 1257 1,257 258,146 155,232 122 749 15,189 12,576 4718 23970 16,911 3358 1335 622 1744 16274 13,429 1,238 1,607 43,310 43,310 39,852 14290 30 303,306 156,187 123 656 15,189 12,576 4766 24789 17,675 3358 1335 628 1793 18370 15,525 1,238 1607 61,734 44,601 5,308 955 907 1,093 1,093 225,280 132,543 104 175 12,961 11,126 4281 21691 15,254 2863 1,245 565 1764 18326 13,751 1,594 2981 35,582 35,582 43 44 45 14,260 35674 3704 2166 759 14906 2232 14,260 18602 713 17,133 38322 3904 2033 660 17 064 2,296 Veterans benefits and services Disability and survivors compensation Education , Insurance Hospitals and medical care Other 46 47 48 49 50 51 22 388 11538 2,097 1,230 6243 1280 7 104 15180 11538 2,061 1,229 7697 16267 12696 1,939 1,321 52 53 54 55 14649 5,216 5135 4298 , Housing and community services ..... .. Urban renewal and community development Housing Water and sewerage , 33 330 295 5 30 46 46 36 1 6177 890 360 360 1985 1,985 109 5 484 388 96 167 167 8,836 4,538 5,162 123 5039 15,662 5,093 6799 3,770 1,939 1 179 1,467 — 1,467 10,863 8970 1,182 711 11,329 8029 2,589 711 3,584 2639 695 250 12,145 8032 1420 801 1,892 6,696 4458 356 497 1,385 992 10 5,877 4,804 12,092 9,374 2 585 53 2078 2,616 20,496 8,874 3,363 3136 1,307 3816 6,483 306 3,024 2,657 423 73 4298 56 1764 1076 313 375 57 58 59 60 6,857 4732 1,427 698 7,361 3,890 2,773 698 2 2 961 840 121 Agriculture Stabilization of farm prices and income Financing farm ownership and utilities Conservation of agricultural resources Other 61 62 63 64 65 8,477 4632 1,345 820 1,680 4,024 1993 345 495 1,191 59 810 59 305 75 430 , 66 5,143 4,141 . . 67 68 69 70 71 72 20,849 9,668 3,083 3,242 1,333 3523 6,125 282 2,810 2,579 368 86 Postal service...... 73 2,700 412 Economic development, regulation, and services Economic development assistance.. , Regulation of commerce and finance Other 74 75 76 77 3,127 1,932 390 805 2,173 438 390 1,345 Labor training and services Training Drotrrams Other 78 79 80 9720 5,546 4 174 1,659 904 755 Net interest paid 81 53 137 Revenue sharing 82 6,824 1 ... .. . . . . . 39 1 6701 956 66 43 Energy Conservation and development of energy sources Production and sale of power , Administration and regulation . Transportation Highways Water Air. Railroad Transit 24062 12696 1978 1,322 6,775 1,291 6 49 46 46 352 Recreational and cultural activities.. Natural resources 5 48 357 302 16 12 4 630 630 2,288 1,770 512 267 275 2 542 2,549 1,555 383 611 1,713 523 383 807 7,412 4,012 3400 19 8,028 5,262 2766 1,644 893 751 19 71,876 6,817 4,583 462 462 2050 2,050 17167 34 17,133 19 225 948 101 —3 311 74 27 -3 158 158 8,223 4,453 6,802 3770 1,221 1,219 53,137 7 267 78 912 1359 479 482 3 282 -282 414 6802 346 1,085 941 144 1551 53 785 53 247 84 454 4611 3574 817 220 12 8 4 1 551 1,067 6 11,679 8,560 1 372 44 2702 2,322 334 107 840 1 041 1,258 586 586 857 855 21 177 2 198 5816 3,783 2033 18 18 71,876 6 4,577 Total expenditures include employee compensation on a disbursement basis. Expenditures by type and function include employee compensation on an accrual basis. Wage accruals less disbursements (in millions of dollars) is zero except as follows: 1978, 46; 1979, -46; and 1981, 42. 60 SURVEY OF CURRENT BUSINESS July Table 3.17.—State and Local Government Expenditures by Type and Function [Millions of dollars] 19're Line Total l... Expenditures1 19 77 Purchases of goods and services Transfer payments and net interest paid less dividends Subsidies less current surplus of government enterprises 23,119 4,839 Expenditures1 19'JS Purchases of goods and services Transfer payments and net interest paid less dividends Subsidies less current surplus of government enterprises 24461 5 129 Expenditures1 Purchases of goods and services Transfer payments and net interest paid less dividends Subsidies less current surplus of government enterprises 24919 5736 1 251,206 232,926 269,702 250 370 297,334 278 326 Central executive, legislative, and judi- 2 cial activities. Administrative, legislative, and judi- 3 cial activities. Tax collection and financial manage- 4 ment. 12,826 12,826 14,148 14,148 16,266 16266 6,320 6320 6,873 6,873 7692 7692 6,506 6506 7,275 7,275 8,574 8574 Civilian safety Police Fire Correction 5 6 7 8 18,569 10,247 4,323 3999 18,569 10,247 4323 3999 20,080 11,112 4,555 4,413 20,080 11,112 4,555 4413 22,199 12,111 5,007 5,081 22 199 12,111 5,007 5081 Education Elementary and secondary Higher Libraries Other 9 10 11 12 13 100,385 71403 22,607 1,338 5037 98,646 71403 22,607 1,338 3298 105,635 76349 24,266 1513 3507 1,882 116,881 83408 26,261 1516 5696 114 799 83408 26,261 1516 3614 2082 1739 107,517 76349 24,266 1,513 5389 Health and hospitals Health Hospitals 14 15 16 22,170 5,279 16,891 22,097 5,252 16,845 73 27 46 24,413 5,981 18,432 24,321 5,949 18,372 92 32 60 27414 6,852 20,562 27,312 6,814 20,498 102 38 64 Income support, social security, and 17 welfare. 18 disability. Workmen's compensation and tempo- 19 rary disability insurance. Medical care 20 21 Welfare and social services 39,408 22,369 17,039 42,629 24,689 17,940 45,351 26,917 18,434 2319 213 2106 2325 217 2108 2484 231 2253 1582 185 1397 1789 219 1570 1923 237 1686 14,416 21091 14164 7807 252 13284 15,708 22807 15439 8814 269 13993 16852 24092 16576 9873 276 14219 22 75 43 32 81 46 35 80 50 30 Housing and community services 23 Housing community development and 24 urban renewal. Water 25 Sewerage 26 Sanitation. ... . . . 27 7,529 85 9701 554 2172 639 8,078 80 10228 750 2150 670 10,637 304 13037 985 2400 681 429 5,290 1895 1830 5,422 1,895 1401 -132 553 5,414 2,031 2022 5,425 2031 1469 11 1266 6,759 2,308 2928 6,816 2308 1662 -57 4,732 4,732 5,377 5,377 — 1,896 122 1774 — 536 92 444 1,541 45 1496 2,077 137 1940 — 260 90 170 2,130 74 2056 Veterans benefits and services Recreational and cultural activities 2 28 4,348 4,348 Energy Gas utilities Electric utilities 29 30 31 —255 51 306 1,641 173 1468 Agriculture 32 1408 1384 Natural resources 33 2,440 2440 34 35 36 37 38 21,928 19490 57 — 146 2527 21,952 20304 204 298 1 146 Transportation Highways Water Air . . Transit and railroad .... services. 39 1 661 1 661 1 846 40 2742 Commercial activities Publicly-owned liquor store systems Government-administered lotteries and parimutuels. Other , 41 42 43 616 433 596 131 25 44 413 156 Net interest paid 3 45 3,316 Other and unallocable 46 13 272 1,739 24 24 814 147 444 1381 896 747 —408 596 257 3,316 13272 1 438 1 413 2,388 2388 22,361 19782 18 19 2616 22,379 20630 160 499 1090 1,874 1874 2 941 2 007 —774 —424 —742 110 3 392 113 3,553 14,779 1,882 25 18 848 178 518 1526 934 884 421 742 279 3,553 14779 1 575 1 548 2,409 2409 25,538 22,559 36 49 2,966 25,405 23427 182 625 1,171 2,104 2,104 4 Q62 2,154 -942 433 899 137 14 390 123 2,336 16482 2082 —2,390 164 2226 27 133 868 218 576 1,795 1,908 — 1,079 -447 -899 267 2,336 16482 61 SURVEY OF CURRENT BUSINESS July Table 3.17.—State and Local Government Expenditures by Type and Function—Continued [Millions of dollars] 19 79 Line Expenditures1 Purchases of goods and services 1980 Transfer payments and net interest paid less dividends Subsidies less current surplus of government enterprises —5,886 1 321,539 306,008 21,282 Central executive legislative and judi- 2 cial activities. Administrative legislative, and judi- 3 cial activities. Tax collection and financial manage- 4 ment. 18 148 18 055 93 8718 8718 9430 9,337 5 6 7 8 24202 13 101 5,401 5700 24,202 13101 5,401 5700 9 10 11 12 13 128,399 91758 28,875 1,755 6011 126,165 91758 28,875 1755 3777 2,234 14 15 ..„ 16 30,412 7772 22,640 48 387 Total * Civilian safety Police Fire.... Correction , , ,. ... Education Elementary and secondary Higher Libraries .... ... Other ,, . Health and hospitals . . Health Hospitals Expenditures1 Purchases of goods and services Transfer payments and net interest paid less dividends Subsidies less current surplus of government enterprises 22,711 —6,179 357,767 341,195 19 746 19746 9,939 9939 9807 9807 26 645 14291 5866 6488 26 645 14 291 5866 6488 2234 142,128 101 679 32,169 1831 6449 139,703 101 679 32,169 1,831 4024 2425 30,303 7726 22,577 109 46 63 34,326 8719 25,607 34,213 8665 25,548 113 54 59 19 589 93 2,425 30270 18,117 54401 34812 18 1 511 249 1262 439 269 170 19 2107 267 1840 2193 293 1900 20 21 19,015 25,754 18,715 11039 300 14715 22,173 29596 21847 12403 17 193 84 58 26 86 62 24 11,328 668 13,872 1260 2,544 592 12,709 1223 15,291 1706 2,582 996 7,287 2377 2799 7,436 2,377 1803 -149 1741 7,129 2,616 3614 7,355 2616 1873 -226 28 5,818 5,818 6,552 6,552 29 30 31 152 60 92 2,451 140 2311 2,603 200 2403 — 514 2,164 94 420 143 237 2021 2441 Agriculture 32 1 711 1 681 1 881 1 847 Natural resources QO 2726 2,726 Transportation Highways Water., . . ,. .... Air Transit and railroad 34 35 36 37 38 28654 25024 -88 167 3,551 28,112 25871 156 814 1,271 Economic development, regulation and 39 services. 2368 2368 Labor training and services 40 4032 2 345 Commercial activities Publicly-owned liquor store systems Government-administered lotteries and parimutuels. Other 41 42 43 1 153 514 1036 128 g 44 397 136 Net interest paid 3..... 45 — 1,014 . . 46 17454 Income support social security and welfare. Government employees retirement and disability. Workmen's compensation and temporary disability insurance. Medical care ., Welfare and social services Veterans benefits and services . . . .. 22 Housing and community services 23 Housing community development and 24 urban renewal. 25 Water 26 Sewerage 27 Sanitation Recreational and cultural activities Energy Gas utilities Electric utilities Other and unallocable 1 2 . , 17 30 542 847 244 647 2,280 1 687 1281 506 1036 261 1,014 17,454 3064 3064 32,217 28204 31,623 29058 -83 106 182 831 3,990 1,552 2615 2615 4451 2731 1347 166 4 561 326 483 —2,678 34 594 854 265 -725 2,438 1,720 -1,513 565 -1,225 1225 439 19,961 277 162 1,194 1 194 19,961 Total expenditures include employee compensation on a disbursement basis. Expenditures by type and function include employee compensation on an accrual basis. Wage accruals less disbursements (in millions of dollars) is zero except as follows: 1978, 175; 1979, -135; and 1980, -40. 2 Prior to 1968, State government recreational expenditures are included in natural resources. 3 Excludes interest received by social insurance funds, which is netted against expenditures for the appropriate functions. 62 SURVEY OF CURRENT BUSINESS July Table 3.18B.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Unified Budget, Fiscal Years [Billions of dollars] Fiscal years Line 1976 1977 Calendar quarters not seasonally adjusted 1979 1978 1977 1980 I II 1978 HI I IV II III IV Receipts , .... 1 300.0 356.9 402.0 465.9 520.1 602.6 79.0 110.5 91.3 84.5 85.4 125.3 106.8 99.5 2 0.8 0.9 0.9 1.1 1.2 1.1 0.2 0.2 0.2 0.2 0.2 0.3 0.2 0.2 3 0.0 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Plus: Netting differences: Contributions to government 4 employees retirement funds. 5 Other2 5.8 6.3 7.1 7.7 8.6 9.7 1.6 1.6 1.6 1.7 1.8 1.8 1.8 1.9 2.5 3.7 3.0 3.6 4.1 4.7 1.3 1.0 0.8 0.7 0.8 0.8 0.8 0.8 5.9 0.7 -1.7 0.5 0.9 0.5 2.3 0.2 -6.1 0.4 -2.4 -0.3 0.4 3.7 3.9 -1.0 2.8 -0.3 1,0 4.3 4.3 -1.6 4.8 -0.6 1.0 0.9 1.6 2.0 -0.5 -0.8 1.8 0.7 -0.5 -0.9 2.3 0.8 -0.6 -0.6 02 0.0 01 0.3 01 0.2 -0.1 0.3 06 0.2 2.1 0.3 0.0 0.1 0.0 0.1 01 0.0 01 0.0 0.1 0.1 0.1 0.1 02 0.1 01 0.1 11 0.1 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 01 0.1 0.0 0.0 Equals: Federal Government receipts, 12 national income and product accounts. 314.9 365.9 414.3 480.8 525.1 614.7 87.7 103.5 95.8 88.2 95.4 119.5 111.2 105.5 Unified budget receipts Less" Coverage differences * Financial transactions Timing differences: Corporate income tax 6 Federal and State unemploy- 7 ment insurance taxes. Withheld personal income tax 8 and social security contributions. 9 10 Other Miscellaneous 3 -8.3 -1.8 -7.2 -1.9 Expenditures Unified budget outlays 13 365.6 401.9 450.8 493.2 579.0 660.5 97.6 101.8 103.4 113.3 111.2 111.3 114.9 123.2 Less: Coverage differences: 4 Geographic Other5 14 15 2.8 -8.9 3.1 -8.9 3.5 -10.2 3.9 12.2 4.4 -14.1 4.5 -20.6 0.8 -4.3 0.8 0.1 0.8 -5.0 0.8 -1.3 0.9 -3.6 0.9 -2.2 0.9 -3.1 0.9 -0.1 Financial transactions: Net lending ... . . 16 Net purchases of foreign curren- 17 cy. 18 Other 11.0 0.0 10.3 0.0 20.0 0.0 20.4 0.0 25.5 0.0 28.6 0.0 2.9 0.0 0.9 0. 4.6 0.0 4.9 0.0 5.6 0.0 3.2 0.0 6.3 0.0 4.2 0.0 0.1 03 06 02 05 0.2 01 01 01 0.0 02 -0.1 19 20 -1.3 0.3 -1.6 0.2 -1.2 0.4 19 0.4 -2.8 0.4 -7.8 0.2 0.0 0.0 03 0.0 -0.9 0.0 -0.4 0.0 0.0 0.0 -0.8 0.0 0.0 0.2 -0.3 0,1 Plus: Netting differences: Contributions to government 21 employees retirement funds. 22 Other 2 5.8 6.3 7.1 7.7 8.6 9.7 1.6 1.6 1.6 1.7 1.8 1.8 1.8 1.9 2.5 3.7 3.0 3.6 4.1 4.7 1.3 1.0 0.8 0.7 0.8 0.8 0.8 0.8 0.6 1.9 0.7 1.1 -0.9 -2.0 0.6 0.1 0.3 0.4 -0.3 0.3 1.1 0.0 0.0 -0.1 02 0.2 -0.1 03 0.1 0.4 06 0.8 0.1 08 -0.1 -0.1 -1.6 01 0.1 0.2 0.2 -1.2 01 0.0 -0.5 0.0 0.4 0.4 -0.2 0.2 -0.2 0.1 1.1 0.5 01 -0.9 0.1 Net purchases of land: Outer Continental Shelf Other , Timing differences: Purchases of goods and services 23 (increase in payables net of advances). 24 Transfer payments 25 Subsidies less current surplus of 26 government enterprises. Miscellaneous 6 . . -0.1 -0.1 0.0 0.3 -0.1 -0.8 -0.4 -0.3 -0.1 27 0.4 0.3 0.6 0.1 0.2 0.4 0.0 0.0 0.1 0.2 0.1 0.2 0.1 0.0 Equals: Federal Government expendi- 28 tures, national income and product accounts. 370.7 411.2 450.4 495.6 577.0 666.5 101.1 102.6 106.6 110.8 111.5 112.6 115.4 121.4 63 SURVEY OF CURRENT BUSINESS July Table 3.18B.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Unified Budget, Fiscal Years—Continued [Billions of dollars] Calendar quarters not seasonally adjusted 1979 Line I 1981 1980 I IV III II II I IV III II IV III Receipts 1 102.1 144.4 119.9 114.0 114.6 156.2 2 0.3 0.3 0.3 0.3 0.3 0.3 0.2 3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Plus: Netting differences: Contributions to government 4 employees retirement funds. Other 2 5 1.9 1.9 2.0 2.2 2.1 2.1 2.2 1.0 0.9 0.9 1.0 1.1 1.0 0.9 6 7 3.4 4.6 93 -2.3 3.3 -1.5 2.8 -0.6 2.6 4.2 13 3 -1.9 8 2.0 0.7 -0.1 -0.8 1.9 0.4 9 10 0.0 0.1 0.1 0.1 -0.1 0.0 0.7 0.1 0.7 0.0 Unified budget receipts Less* Coverage differences 1 Financial transactions Timing differences: Federal and State unemployment insurance taxes. Withheld personal income tax and social security contributions. Excise taxes .. Other 3 01 0.0 127.0 156.7 147.2 0.3 0.3 0.2 0.0 0.0 0.0 2.4 2.3 2.5 2.8 1.5 1.2 0.9 1.2 1.8 -1.4 15 -0.1 -0.3 -2.5 135.2 183.7 0.2 0.3 0.0 0.0 2.4 1.0 1.9 -1.3 3.7 -0.7 3.9 4.1 -1.9 -1.0 135.2 05 0.0 1.4 0.3 -11.8 -2.3 -0.4 0.9 0.9 -0.2 0.3 0.1 05 0.1 0.5 0.1 11 0.0 0.0 0.0 0.1 0.1 0.0 0.0 0.0 0.0 -0.1 0. 0.0 Equals: Federal Government receipts, 12 national income and product accounts. 115.0 136.1 124,3 118.3 127.1 143.5 136.3 133.9 147.3 174.0 159.5 147.4 Miscellaneous .. Expenditures Unified budget outlays 13 122.6 123.0 124.4 138.5 141.5 148.2 150.8 160.6 167.3 167.4 165.3 195.4 Less: Coverage differences: 4 Geographic .. . Other 5 14 15 1.0 -3.0 1.0 -5.1 1.0 -4.1 1.1 -0.9 1.1 -3.8 1.0 -4.6 1.2 -4.7 1.1 -2.1 1.1 63 1.1 55 1.2 68 1.2 34 Financial transactions: 16 Net lending Net purchases of foreign curren- 17 cy. Other , , 18 5.9 0.0 6.0 0.0 4.4 0.0 4.9 0.0 7.0 0.0 8.3 0.0 5.3 0.0 5.2 0. 9.7 0.0 8.2 0.0 5.6 0.0 4.5 0.0 0.1 0.0 02 0.0 -0.3 0.1 -0.2 01 01 0.5 0.0 0.1 19 20 -0.7 0.1 -0.2 0.1 08 0.1 -1.6 0.1 -0.8 0.1 0.1 0.1 -0.6 0.1 -3.1 0.0 0.0 0.0 -1.4 0.0 33 0.0 -1.1 Plus: Netting differences: Contributions to government 21 employees retirement funds. Other2... ,. 22 1.9 1.9 2.0 2.2 2.1 2.1 2.2 2.4 2.4 2.3 2.5 2.8 1.0 0.9 0.9 1.0 1.1 1.0 0.9 1.0 1.5 1.2 0.9 1.2 0.0 -0.9 -0.2 0.7 -0.6 0.0 02 -1.4 -0.2 02 1.5 -0.1 02 0.0 -0.1 -0.3 -0.1 0.3 04 -1.7 -0.3 Net purchases of land: Outer Continental Shelf Other Timing differences: Purchases of goods and services (increase in payables net of advances). Interest Transfer payments ..... Subsidies less current surplus of government enterprises. Miscellaneous 6 . 23 0.0 24 25 26 -0.3 0.1 0.7 27 0.0 Equals: Federal Government expendi- 28 tures, national income and product accounts. 122.5 -0.1 -0.3 0.0 -0.6 0.1 123.2 0.0 1.7 -0.1 -0.9 -0.2 1.6 -0.2 05 -0.2 -0.1 0.2 -0.6 -0.5 0.1 0.7 -0.5 -14.0 -0.7 0.0 0.0 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0.0 128.5 135.5 142.6 146.8 152.0 160.7 166.9 166.3 172.7 182.3 1 Consists largely of contributions for social insurance by residents of U.S. territories. 2 Consists largely of proprietary receipts that are netted against outlays in the unified budget, and classified as receipts in the national 3 Consists largely of Treasury receipts from sales of foreign currencies to Government agencies. 4 Consists largely of transfer payments to residents of U.S. territories. 5 Consists of agencies not included in the unified budget, such as the Postal Service and the Federal Financing Bank, 6 Consists largely of net expenditures of foreign currencies. -1.3 0.0 income and product accounts. and net purchases of silver and minor coin metal. 64 SURVEY OF CURRENT BUSINESS July Table 3.19.—Relation of State and Local Government Receipts and Expenditures in the National Income and Product Accounts to Bureau of Census Governmental Finances Data, Fiscal Years [Billions of dollars] Line 1976 1977 1980 1979 1978 Receipts Census total revenue * 1 304.7 337.9 371.6 404.9 451.5 Less: Coverage differences: Unemployment insurance fund contributions and earnings Certain grant programs 2 3 16.6 -3.8 15.3 -3.4 13.2 -6.5 12.9 -6.2 13.5 -6.2 Financial transactions 4 1.1 0.9 0.8 1.1 1.1 Sale of land 5 0.3 0.4 0.4 0.4 0.8 6 7 8 9 10 25.2 7.9 12.8 -7.2 0.8 28.2 8.3 13.9 -8.2 1.0 32.3 9.2 15.8 -9.3 1.5 36.6 10.4 21.2 -10.0 1.8 41.6 11.3 29.0 -11.7 2.1 11 12 13 -1.0 1.4 0.6 -1.1 0.8 0.6 -0.4 0.5 0.3 -1.2 1.0 0.9 -1.1 0.4 0.1 Netting and grossing differences: Enterprise current operating expenditures plus current surplus Government sales Interest received 2 Employer contributions to own social insurance funds Dividends received 2 Plus: Timing differences: Property taxes Corporate profits taxes Other 14 0.1 0.0 0.0 0.0 0.0 15 252.1 282.0 314.6 337.6 369.4 16 305.3 Unemployment insurance fund benefits paid 17 18.9 14.7 10.7 8.9 12.1 Purchases of land 18 2.1 2.0 1.9 2.1 2.4 19 20 21 22 23 25.2 7.9 12.8 -7.2 0.8 28.2 8.3 13.9 -8.2 1.0 32.3 9.2 15.8 -9.3 1.5 36.6 10.4 21.2 -10.0 1.8 41.6 11.3 29.0 -11.7 2.1 24 -0.8 -6.1 -2.2 -2.6 Miscellaneous Equals: State and local government receipts, national income and product accounts Expenditures Census total expenditures J 381.9 Less: Coverage differences: Netting and grossing differences: Enterprise current operating expenditures plus current surplus Government sales Interest received 2. Employer contributions to own social insurance funds Dividends received 2 Plus: Timing differences: Excess of accruals over disbursements, and other Miscellaneous Equals: State and local government expenditures, national income and product accounts. -7.4 0.0 0.0 0.0 0.2 243.9 258.6 282.4 308.7 25 -0.3 339.6 1 The Bureau of the Census measures of State and local government receipts and xpenditures (lines 1 and 16) represent a combination of fiscal years. 46 states and many localities use the July 1-June 30 fiscal years; the rest use varying fiscal years. The national income and product account measures shown in this table are for the fiscal year ending June 30. The differences that arise from restating the Census data to a year ending June 30 are included in lines 11, 12, and 13 (receipts) and line 24 (expenditures). 2 Prior to 1968, dividends received is included in interest received (lines 8 and 21). Table 3.20.—Relation of Commodity Credit Corporation (CCC) Expenditures in the National Income and Product Accounts to CCC Outlays in the Unified Budget [Billions of dollars] Line 1976 1977 1978 1981 1980 1979 Commodity Credit Corporation outlays in the unified budget Less: Financial transactions Netting differences Timing differences Other J Equals: Commodity Credit Corporation expenditures, national income and product accounts. Purchases of goods and services Transfer payments to foreigners Grants-in-aid to State and local governments.. Net interest paid Subsidies less current surplus Less: Current surplus.. 1 Consists largely of foreign currency transactions. 1.1 0.0 -0.2 -0.1 1.4 0.0 0.1 -0.2 2.2 0.0 0.5 -0.2 1.2 0.0 0.1 -0.1 -0.2 0.0 -0.4 0.0 -0.1 0.0 0.6 -0.2 1.9 5.8 3.5 1.0 3.6 7.1 1.0 0.4 0.0 -0.2 0.7 0.5 -0.2 3.9 0.4 0.0 -0.3 1.7 1.4 -0.3 0.1 0.5 0.0 -0.5 3.4 2.6 -0.8 -1.0 0.6 0.0 -0.6 2.1 0.9 -1.2 1.1 0.7 0.0 -0.7 2.6 0.9 -1.7 0.8 0. -1.2 3.6 1.4 -2.2 July SURVEY OF CURRENT BUSINESS 65 4. Foreign Transactions Table 4.1.—Foreign Transactions in the National Income and Product Accounts Millions of dollars Billions of dollars, seasonally adjusted at annual rates Line 1976 1977 1979 1978 1980 I Receipts from foreigners 1978 1977 1981 1 170,876 182,744 218,718 282,497 340,371 368,425 Exports of goods and services Merchandise Durable goods Nondurable goods . Services Factor income 1 Other .. 2 3 4 5 6 7 8 170,876 114,391 67,337 47,054 56,485 29,671 26,814 182,744 119,723 70,079 49,644 63,021 32,581 30,440 218,718 140,891 82,405 58,486 77,827 43,043 34,784 281,358 179,180 104,518 74,662 102,178 64,819 37,359 339,219 220,061 128,949 91,112 119,158 75,197 43,961 367,332 231,856 134,410 97,446 135,476 86,090 49,386 Capital grants received by the United States (net) 9 177.9 III IV 185.1 186.8 181.2 195.6 186.8 122.2 71.1 51.1 64.7 33.8 30.9 181.2 116.9 69.6 47.2 64.3 32.9 31.4 195.6 122.6 72.3 50.3 72.9 39.2 33.7 185.1 122.3 71.1 51.2 62.7 32.4 30.4 177.9 117.5 68.5 49.0 60.3 31.3 29.1 II III IV 213.1 224.0 242.1 213.1 140.5 80.9 59.6 72.6 38.9 33.7 224.0 145.9 85.0 60.9 78.2 43.6 34.6 242.1 154.5 91.4 63.1 87.6 50.5 37.2 I II 0 0 0 1,139 1,152 1,093 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Payments to foreigners 10 170,876 182,744 218,718 282,497 340,371 368,425 177.9 185.1 186.8 181.2 195.6 213.1 224.0 242.1 Imports of goods and services Merchandise Durable goods Nondurable goods Services Factor income 1 Other 11 12 13 14 15 16 17 157,096 123,419 56,314 67,105 33,677 9,191 24,486 186,730 150,173 68,178 81,995 36,557 9,117 27,440 219,834 174,485 87,981 86,504 45,349 13,440 31,909 268,145 209,427 99,143 110,284 58,718 22,247 36,471 314,025 243,988 109,959 134,029 70,037 29,124 40,913 341,272 260,144 123,705 136,439 81,128 36,910 44,218 180.0 145.1 61.7 83.4 34.9 8.0 26.9 186.8 150.5 67.0 83.5 36.3 8.9 27.4 187.2 150.7 69.6 81.1 36.5 9.3 27.2 192.9 154.4 74.4 80.0 38.5 10.2 28.2 207.2 166.6 82.7 83.9 40.7 10.4 30.3 217.2 173.5 87.1 86.4 43.7 13.0 30.7 222.9 176.1 89.5 86.5 46.8 14.0 32.8 232.0 181.8 92.6 89.2 50.2 16.4 33.8 Transfer payments (net) From persons (net) From government (net) 18 19 20 4,133 917 3,216 4,117 859 3,258 4,530 768 3,762 5,062 832 4,230 6,031 798 5,233 6,312 645 5,667 3.9 0.9 2.9 4.1 0.9 3.2 4.5 0.8 3.7 4.0 0.8 3.2 4.0 0.7 3.4 4.7 0.8 3.9 4.2 0.7 3.5 5.1 0.9 4.2 Interest paid by government to foreigners 21 4,520 5,542 8,674 11,076 12,512 16,748 8.6 9.8 Net foreign investment 22 5,127 13645 -14,320 1786 7,803 4,093 4.8 5.1 -10.8 6.6 5.6 -11.0 -22.3 -10.5 8.4 7.8 -23.5 -17.2 -11.7 -4.9 Billions of dollars, seasonally adjusted at annual rates 1979 Line I 1980 1982 1981 II III IV I II HI IV I II IV III I II 1 257.2 269.4 291.7 311.7 336.9 338.4 338.3 347.8 366.5 370.0 368.3 369.0 359.9 360.9 Exports of goods and services Merchandise Durable goods Nondurable goods Services . ... Factor income 1 Other 2 3 4 5 6 7 8 256.1 164.4 98.1 66.2 91.7 54.6 37.1 268.2 170.7 100.8 69.9 97.5 60.8 36.7 290.6 183.6 106.3 77.3 107.0 69.8 37.2 310.5 198.0 112.8 85.2 112.5 74.0 38.5 335.7 214.9 127.9 87.0 120.8 79.4 41.4 337.3 218.4 128.4 90.0 118.9 75.6 43.3 337.2 220.7 128.2 92.6 116.5 70.8 45.7 346.7 226.2 131.3 94.9 120.5 75.0 45.5 365.4 237.3 134.2 103.1 128.1 81.1 47.0 368.9 236.0 140.1 95.9 132.9 84.2 48.7 367.2 226.3 133.2 93.1 140.8 89.6 51.3 367.9 227.8 130.1 97.8 140.1 89.5 50.6 359.9 221.4 123.9 97.5 138.5 85.9 52.6 360.9 215.9 121.7 94.2 145.0 92.9 52.1 Capital grants received by the United States (net) 9 Receipts from foreigners Payments to foreigners Imports of goods and services Merchandise Durable goods Nondurable goods Services Factor income 1 ..... Other .... Transfer payments (net) From persons (net) From government (net) Interest paid by government to foreigners gn 1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.1 0.0 0.0 10 257.2 269.4 291.7 311.7 336.9 338.4 338.3 347.8 366.5 370.0 368.3 369.0 359.9 360.9 11 12 13 14 15 16 17 238.9 186.1 93.4 92.7 52.8 18.1 34.7 259.1 202.4 98.8 103.6 56.7 20.6 36.1 274.5 214.5 99.5 114.9 60.1 23.2 36.9 300.0 234.8 104.8 129.9 65.3 27.0 38.2 321.7 250.3 111.5 138.8 71.4 30.8 40.7 313.1 244.8 107.2 137.6 68.3 28.8 39.5 298.2 232.5 107.7 124.8 65.7 24.9 40.8 323.2 248.4 113.5 134.9 74.7 32.1 42.6 334.2 255.8 115.4 140.4 78.4 34.1 44.3 345.1 263.3 122.7 140.6 81.8 37.5 44.3 341.3 257.9 126.3 131.7 83.4 39.9 43.5 344.4 263.5 130.5 133.1 80.9 36.1 44.8 328.6 243.9 125.4 118.5 84.7 40.0 44.7 325.3 235.0 127.4 107.6 90.3 44.8 45.5 18 19 20 5.0 0.7 4.3 4.6 0.7 3.9 4.6 0.8 3.8 6.1 1.1 4.9 5.6 0.7 4.8 5.0 0.7 4.3 5.7 0.8 4.9 7.8 0.9 6.9 5.7 0.5 5.2 5.5 0.8 4.8 6.7 0.7 6.1 7.3 0.7 6.6 6.9 0.8 6.0 6.0 0.9 5.1 21 11.1 11.0 11.0 12.2 11.7 12.0 14.1 15.8 17.0 17.1 17.1 17.9 17.2 22 2.3 54 1.6 8.6 22.5 2.8 10.8 2.3 3.1 0.1 6.5 12.5 11.3 -5.7 -2.6 Line 7 less line 16 equals rest-of-the-world product as shown in table 1.5. Table 4.2.—Exports and Imports of Goods and Services in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 I Exports of goods and services Durable goods Nondurable goods Services Factor income 1 Other Imports of goods and services Merchandise Durable goods Services Factor income Other 1 378-127 0 - 8 2 - 5 .. .. 1978 1977 1981 II III IV I II III IV 1 110.1 112.9 126.7 146.2 159.2 158.5 111.0 113.9 115.2 111.4 118.1 124.3 128.8 135.6 2 3 4 67.7 42.0 25.6 68.0 41.5 26.5 75.2 45.6 29.7 83.9 51.3 32.6 93.1 56.1 36.9 89.8 51.8 38.0 67.2 41.3 25.9 68.9 42.6 26.3 69.4 41.7 27.7 66.4 40.3 26.1 68.1 41.5 26.6 75.7 45.1 30.6 77.7 47.0 30.6 79.4 48.6 30.9 5 6 7 42.4 22.6 19.8 44.9 23.4 21.5 51.5 28.8 22.6 62.3 40.0 22.3 66.1 42.6 23.5 68.7 44.5 24.2 43.9 23.0 20.9 45.0 23.5 21.5 45.8 24.1 21.7 45.0 23.2 21.8 50.1 27.3 22.8 48.6 26.4 22.2 51.2 28.9 22.3 56.1 32.8 23.3 8 84.7 90.9 102.7 109.0 108.6 116.4 88.7 91.3 90.3 93.2 99.0 101.9 103.5 106.2 9 10 11 61.1 35.2 26.0 67.1 39.6 27.6 75.4 45.9 29.5 76.9 47.2 29.7 74.5 48.0 26.5 79.1 51.9 27.2 65.3 37.3 28.0 67.5 39.4 28.0 66.8 39.6 27.2 69.0 41.9 27.1 74.0 45.4 28.7 75.4 45.7 29.7 75.6 45.8 29.8 76.7 46.8 29.9 12 13 14 23.5 7.0 16.5 23.7 6.6 17.2 27.3 9.0 18.3 32.0 13.7 18.3 34.1 16.5 17.6 37.4 19.1 18.3 23.5 5.9 17.5 23.8 6.4 17.4 23.4 6.6 16.8 24.2 7.2 17.0 25.0 7.2 17.8 26.5 8.8 17.7 27.9 9.3 18.6 29.5 10.6 18.9 66 SURVEY OF CURRENT BUSINESS July Table 4.2.—Exports and Imports of Goods and Services in Constant Dollars—Continued [Billions of 1972 dollars] Seasonally adjusted at annual rates 1979 Line Exports of goods and services Services.. Factor income Other . .. ...... 1 •• Imports of goods and services Merchandise Durable goods Nondurable goods .. .. ... ,..,, Services Factor income 1 Other , 1 1982 1981 II III IV I II III IV I II III IV I II 138.8 140.4 149.2 156.4 164.4 161.2 155.9 155.1 159.3 159.7 157.8 156.9 151.7 152.3 2 3 4 81.2 50.5 30.7 80.3 49.3 31.0 84.4 51.3 33.1 89.5 53.9 35.6 94.5 58.7 35.8 94.3 56.8 37.5 92.3 54.8 37.5 91.2 54.2 37.0 92.8 53.6 39.2 91.7 54.7 37.1 87.0 50.3 36.6 87.6 48.6 39.0 84.0 45.2 38.8 82.4 44.0 38.4 5 6 7 57.6 34.8 22.8 60.1 37.9 22.2 64.7 42.7 22.0 66.8 44.5 22.3 69.9 46.6 23.3 66.9 43.3 23.6 63.6 39.6 23.9 64.0 40.9 23.0 66.5 43.1 23.4 68.0 44.0 24.0 70.9 45.9 25.0 69.3 44.8 24.5 67.7 42.5 25.1 69.9 45.4 24.5 8 1 Merchandise Durable goods Nondurable goods 1980 I 111.1 105.4 109.0 109.4 112.2 113.9 108.0 102.8 109.6 115.5 118.7 120.4 114.7 116.8 ,..,... 9 10 11 75.2 45.4 29.8 77.5 47.2 30.3 77.0 48.0 29.0 78.0 48.3 29.8 77.9 49.8 28.1 74.4 47.6 26.8 71.4 46.6 24.8 74.2 48.0 26.2 74.6 48.3 26.3 77.6 51.1 26.5 80.3 53.0 27.3 83.8 55.2 28.6 76.7 51.6 25.1 76.5 51.1 25.4 12 13 ..... 14 30.2 11.5 18.6 31.5 12.9 18.6 32.4 14.2 18.2 34.1 16.3 17.9 36.0 18.0 18.0 33.6 16.5 17.2 31.3 13.9 17.4 35.4 17.5 17.9 36.5 18.1 18.4 38.0 19.6 18.3 38.4 20.4 18.0 36.6 18.1 18.5 38.1 19.8 18.2 40.3 21.9 18.4 Line 6 less line 13 equals rest-of-the-world product as shown in table 1.6. Table 4.3.—Merchandise Exports and Imports by Type of Product and by End-Use Category Billions of dollars, seasonally adjusted at annual rates Millions of dollars 1977 Line Merchandise exports . ... ....... ... .. Foods feeds and beverages Industrial supplies and materials.... Durable goods .. Nondurable goods Capital goods except autos Autos .. Consumer goods. ............... , Durable goods ... . Nondurable goods Other , ,. ., Durable goods ,. Nondurable goods ... 1976 1977 1978 1979 1980 1981 I 1978 II III IV I II III IV 114,391 119,723 140,891 179,180 220,061 231,856 117.5 122.3 122.2 116.9 122.6 140.5 145.9 154.5 2 ... ....... 3 4 5 ..... 6 . 7 8 9 10 11 12 ... .. 13 19,830 31,762 10,391 21,371 39,112 12,100 8,022 3,951 4,071 3,565 1,783 1,782 19,723 33,391 10,502 22,889 39,767 13,364 8,932 4,173 4,759 4,546 2,273 2,273 25,156 38,087 12,626 25,461 46,470 15,584 10,418 5,137 5,281 5,176 2,588 2,588 30,005 53,103 18,131 34,972 58,842 18,200 12,791 6,225 6,566 6,239 3,120 3,119 35,721 68,082 24,639 43,443 74,178 17,229 16,633 8,794 7,839 8,218 4,109 4,109 38,314 65,422 20,416 45,006 81,666 19,097 16,295 7,700 8,595 11,062 5,531 5,531 20.2 33.0 10.5 22.5 38.9 13.1 8.6 4.2 4.4 3.7 1.9 1.9 20.8 34.3 10.9 23.4 39.9 13.8 8.8 4.1 4.7 4.7 2.4 2.4 19.0 34.9 10.6 24.2 40.6 13.0 9.5 4.3 5.2 5.2 2.6 2.6 18.8 31.5 10.1 21.4 39.6 13.6 8.8 4.1 4.7 4.6 2.3 2.3 21.7 32.3 10.9 21.5 40.5 14.0 9.1 4.5 4.6 5.0 2.5 2.5 26.9 37.0 12.4 24.6 45.0 15.6 10.4 5.1 5.3 5.6 2.8 2.8 26.8 39.4 12.8 26.6 49.2 15.7 10.7 5.3 5.4 4.1 2.0 2.0 25.2 43.6 14.5 29.1 51.2 17.0 11.5 5.6 5.8 6.0 3.0 3.0 14 123,419 150,173 174,485 209,427 243,988 260,144 145.1 150.5 150.7 154.4 166.6 173.5 176.1 181.8 15 16 11,546 29,127 13,981 34,154 15,397 41,214 17,366 47,488 18,127 50,045 18,112 56,282 13.5 30.8 15.2 34.4 13.5 35.6 13.7 35.8 14.6 39.7 15.0 42.8 15.4 41.0 16.6 41.4 17 18 19 20 21 22 23 24 25 26 27 16,993 12,134 34,573 12,282 16,169 17,165 9,591 7,574 2,557 1,279 1,278 20,831 13,323 44,983 13,985 18,641 21,796 13,404 8,392 2,633 1,317 1,316 25,386 15,828 42,312 19,243 24,214 28,943 17,557 11,386 3,162 1,581 1,581 28,935 18,553 60,482 24,575 25,503 30,566 18,406 12,160 3,447 1,724 1,723 29,133 20,912 79,414 30,322 26,987 34,445 21,193 13,252 4,648 2,324 2,324 33,268 23,014 77,579 34,576 29,737 38,664 23,527 15,137 5,194 2,597 2,597 18.2 12.6 48.6 12.7 16.9 20.5 12.9 7.7 2.1 1.0 1.0 21.0 13.4 44.8 13.6 17.7 21.7 13.1 8.6 3.1 1.5 1.5 21.8 13.8 44.0 14.4 19.1 21.8 13.2 8.6 2.4 1.2 1.2 22.3 13.5 42.6 15.3 20.8 23.2 14.4 8.7 3.0 1.5 1.5 24.8 14.9 42.1 17.2 22.4 27.2 16.6 10.5 3.4 1.7 1.7 25.9 16.9 41.7 18.8 24.0 28.5 17.0 11.5 2.6 1.3 1.3 25.1 15.8 42.0 20.1 24.5 29.8 18.1 11.7 3.3 1.6 1.6 25.7 15.7 43.5 20.9 25.9 30.2 18.4 11.8 3.4 1.7 1.7 28 29 30 23,381 91,010 88,846 24,331 95,392 105,190 29,902 110,989 132,173 35,594 143,586 148,945 42,156 177,905 164,574 44,264 187,592 182,565 25.0 92.5 96.5 25.6 96.7 105.7 23.6 98.6 106.7 23.1 93.8 111.9 26.3 96.3 124.4 31.5 109.1 131.8 31.4 114.5 134.1 30.4 124.1 138.4 . ..... 1 Merchandise imports Foods feeds and beverages Industrial supplies and materials, excluding petroleum. Durable goods . Nondurable goods . Petroleum and products,..., , Capital goods except autos .. Autos . Consumer goods.. Durable goods .. Nondurable goods Other Durable goods ». ... Nondurable goods Addenda: Exports of agricultural products 1 Exports of nonacricultural products Imports of nonpetroleum products 67 SURVEY OF CURRENT BUSINESS July Table 4.3.—Merchandise Exports and Imports by Type of Product and by End-Use Category—Continued Billions of dollars, seasonally adjusted at annual rates 1982 1981 1980 1979 Line I II III IV I II III IV I II III IV I II 1 164.4 170.7 183.6 198.0 214.9 218.4 220.7 226.2 237.3 236.0 226.3 227.8 221.4 215.9 2 3 4 5 6 7 8 9 10 11 12 13 25.7 47.1 16.0 31.1 55.2 17.8 11.9 5.8 6.1 6.7 3.3 3.3 27.7 49.8 16.9 32.9 56.7 18.4 12.4 6.0 6.5 5.7 2.9 2.9 31.9 54.3 18.3 36.0 61.0 18.0 12.8 6.2 6.6 5.6 2.8 2.8 34.8 61.2 21.3 39.9 62.5 18.5 14.0 6.9 7.1 7.0 3.5 3.5 33.6 67.0 25.9 41.1 68.3 17.8 18.6 11.1 7.4 9.7 4.9 4.9 33.8 71.7 26.8 44.9 73.8 16.2 15.4 7.8 7.6 7.5 3.7 3.7 36.8 67.4 23.6 43.8 75.9 16.6 16.1 8.1 8,0 8.0 4.0 4.0 38.8 66.2 22.3 44.0 78.7 18.3 16.4 8.1 8.3 7.7 3.9 3.9 44.0 67.5 21.9 45.6 80.5 19.0 16.7 8.0 8.7 9.7 4.8 4.8 38.7 63.7 21.4 42.4 84.4 20.5 16.7 7.9 8.8 12.0 6.0 6.0 34.9 63.4 19.0 44.4 80.9 20.2 16.3 7.8 8.5 10.7 5.4 5.4 35.7 67.1 19.4 47.7 80.8 16.8 15.5 7.1 8.4 11.9 5.9 5.9 36.0 66.5 17.9 48.6 77.4 17.3 14.7 6.6 8.1 9.5 4.8 4.8 37.0 62.6 17.6 45.0 75.4 18.0 14.8 6.7 8.1 8.1 4.1 4.1 14 186.1 202.4 214.5 234.8 250.3 244.8 232.5 248.4 255.8 263.3 257.9 263.5 243.9 235.0 Foods, feeds, and beverages , 15 Industrial supplies and materials, excluding petro- 16 leum. 17 Durable goods Nondurable goods. . 18 19 Petroleum and products ... .. Capital goods, except autos 20 Autos , , 21 Consumer goods .. ... . . .. 22 Durable goods 23 24 Nondurable goods Other 25 Durable goods . . . . . , , , . . ,26 Nondurable goods 27 16.0 43.4 17.5 47.6 17.2 47.6 18.8 51.4 17.8 53.9 17.7 49.8 18.3 46.2 18.7 50.3 19.5 53.7 18.0 56.8 17.8 57.8 17.2 56.8 14.9 54.1 16.8 51.0 26.8 16.6 45.8 22.6 24.1 29.3 17.5 11.8 4.8 2.4 2.4 29.1 18.5 54.2 23.9 26.8 29.8 17.8 12.0 2.6 1.3 1.3 29.0 18.6 65.5 25.2 25.3 31.1 18.7 12.4 2.6 1.3 1.3 30.9 20.4 76.4 26.6 25.8 32.1 19.7 12.4 3.8 1.9 1.9 32.5 21.4 84.2 29.5 25.9 33.8 21.0 12.8 5.3 2.6 2.6 28.4 21.4 83.3 30.0 25.4 34.3 21.2 13.1 4.1 2.1 2.1 26.2 20.0 70.9 30.2 28.3 34.3 20.8 13.5 4.2 2.1 2.1 29.4 20.9 79.2 31.5 28.4 35.3 21.7 13.6 5.0 2.5 2.5 31.1 22.6 82.1 32.7 26.8 36.9 22.8 14.1 4.0 2.0 2.0 34.4 22.4 83.2 33.2 29.9 37.2 22.7 14.5 5.2 2.6 2.6 34.4 23.4 72.6 35.1 30.8 38.7 23.4 15.3 5.1 2.5 2.5 33.2 23.6 72.4 37.3 31.4 41.9 25.3 16.7 6.5 3.3 3.3 31.7 22.4 62.6 35.1 30.6 40.5 24.9 15.6 6.0 3.0 3.0 29.8 21.2 50.0 34.8 36.0 38.8 23.0 15.8 7.6 3.8 3.8 30.6 133.8 140.2 33.1 137.6 148.2 37.3 146.3 149.0 41.4 156.6 158.4 40.6 174.3 166.1 40.6 177.8 161.4 42.8 177.9 161.5 44.5 181.7 169.2 50.3 187.0 173.7 44.6 191.4 180.1 39.8 186.6 185.3 42.4 185.5 191.2 42.0 179.4 181.3 42.0 173.9 185.0 Merchandise exports Foods, feeds, and beverages Industrial supplies and materials. . Durable goods Nondurable goods Capital goods except autos . ..... Autos Consumer goods Durable goods Nondurable goods Other Durable goods Nondurable goods , . . , Merchandise imports Addenda: Exports of agricultural products l Exports of nonagricultural products Imports of nonpetroleum products 1 .... . ... 28 29 30 Includes parts of line 2 and line 5. Table 4.4.—Merchandise Exports and Imports by Type of Product and by End-Use Category in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1981 1977 I II 1978 III IV I II III IV 1 67.7 68.0 75.2 83.9 93.1 89.8 67.2 68.9 69.4 66.4 68.1 75.7 77.7 79.4 2 3 4 5 6 7 8 9 10 11 12 13 10.5 16.7 5.5 11.2 24.9 7.9 5,6 2.8 2.9 2.1 1.1 1.1 10.5 16.8 5.3 11.5 24.1 7.9 6.1 2.9 3.2 2.6 1.3 1.3 12.7 18.3 6.1 12.3 26.5 8.5 6.5 3.1 3.4 2.8 1.4 1.4 13.5 21.1 7.2 13.9 31.1 8.4 6.8 3.1 3.8 2.9 1.5 1.5 15.2 24.1 8.7 15.4 34.9 6.9 8.5 3.9 4.6 3.5 1.7 1.7 15.5 22.3 7.0 15.4 32.9 6.7 8.1 3.2 5.0 4.3 2.1 2.1 10.3 16.8 5.3 11.5 24.2 7.9 5.8 2.8 3.0 2.1 1.1 1.1 10.1 17.3 5.5 11.8 24.7 8.3 5.9 2.8 3.1 2.7 1.3 1.3 10.6 17.4 5.3 12.1 24.3 7.6 6.6 3.0 3.5 2.9 1.5 1.5 10.8 15.8 5.0 10.8 23.2 7.9 6.1 2.8 3.3 2.6 1.3 1.3 11.5 16.2 5.4 10.7 23.8 8.1 5.8 2.8 3.0 2.8 1.4 1.4 13.4 18.4 6.2 12.2 25.6 8.6 6.6 3.2 3.4 3.0 1.5 1.5 13.1 19.1 6.2 12.9 28.4 8.2 6.6 3.1 3.5 2.2 1.1 1.1 12.5 19.7 6.5 13.2 28.4 8.9 6.8 3.1 3.6 3.1 1.5 1.5 14 61.1 67.1 75.4 76.9 74.5 79.1 65.3 67.5 66.8 69.0 74.0 75.4 75.6 76.7 15 16 6.9 16.5 6.9 17.8 7.5 20.0 7.6 19.4 6.7 17.1 7.0 19.0 6.9 16.4 7.0 18.0 6.6 18.5 6.9 18.4 7.1 20.0 7.3 21.0 7.6 19.7 8.1 19.4 17 18 19 20 21 22 23 24 25 26 27 9.6 6.9 7.5 8.5 10.0 10.2 6.3 3.9 1.5 0.8 0.8 10.8 7.0 9.0 9.0 10.6 12.5 8.5 4.0 1.5 0.7 0.7 12.3 7.7 8.5 11.3 11.5 15.0 10.0 5.0 1.6 0.8 0.8 11.8 7.6 8.6 13.8 11.0 15.0 9.9 5.1 1.6 0.8 0.8 9.9 7.1 6.9 15.4 10.9 15.7 10.9 4.8 1.9 1.0 1.0 11.2 7.8 6,0 18.0 10.3 16.7 11.3 5.4 2.1 1.0 1.0 9.7 6.7 9.9 8.5 9.9 12.4 8.6 3.8 1.2 0.6 0.6 11.0 7.0 9.0 9.0 10.4 12.4 8.3 4.2 1.7 0.8 0.8 11.3 7.2 8.8 8.7 10.7 12.4 8.4 4.0 1.3 0.6 0.6 11.4 6.9 8.5 9.7 11.3 12.6 8.7 4.0 1.6 0.8 0.8 12.5 7.5 8.4 10.9 11.4 14.5 9.7 4.8 1.8 0.9 0.9 12.7 8.3 8.4 10.7 11.6 15.0 10.0 5.0 1.3 0.7 0.7 12.0 7.6 8.5 11.3 11.3 15.6 10.3 5.3 1.6 0.8 0.8 12.0 7.4 8.7 12.3 11.5 15.1 10.2 4.9 1.7 0.8 0.8 ......... 28 • . . . .... 29 30 12.6 55.1 53.6 12.9 55.1 58.1 15.3 60.0 66.9 16.0 67.9 68.3 18.0 75.1 67.6 18.0 71.8 73.1 12.8 54.3 55.3 12.6 56.4 58.5 13.0 56.4 58.0 13.1 53.3 60.6 14.1 54.0 65.6 16.2 59.6 67.0 15.8 61.9 67.1 15.0 64.4 68.0 Merchandise exports.. Foods feeds and beverages Industrial supplies and materials... Durable goods . Nondurable goods Capital goods except autos Autos . . . . . .... , , Consumer goods Durable goods Nondurable goods ,......,...,..., Other Durable goods .. Nondurable goods .. Merchandise imports Foods, feeds and beverages ... Industrial supplies and materials, excluding petroleum. Durable goods , ,. , Nondurable goods , Petroleum and products ,,...,, Capital goods except autos •• . Autos . . . . . . . Consumer goods Durable goods * Nondurable goods . Other Durable goods Nondurable goods Addenda: Exports of agricultural products 1..... Exports of nonagricultural products Imports of nonpetroleum products 68 SURVEY OF CURRENT BUSINESS July Table 4.4.—Merchandise Exports and Imports by Type of Product and by End-Use Category in Constant Dollars—Continued [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1979 I Merchandise exports .„..,.. Foods feeds and beverages Industrial supplies and materials Durable goods . . . Nondurable goods Capital goods, except autos Autos Consumer goods Durable goods Nondurable goods Other Durable goods Nondurable goods . ... .... , . .. . , Merchandise imports Foods feeds and beverages ... Industrial supplies and materials, excluding petroleum. Durable goods Nondurable goods Petroleum and products Capital goods, except autos . • .. •». .. ..... Autos Consumer goods.. , Durable goods ..... ..... .. ........ ... , Nondurable goods .. ..... Other Durable goods Nondurable goods.. . -, .... ... ...... Addenda: Exports of agricultural products 1 Exports of nonagricultural products. . . Imports of nonpetroleum products 1 II 1980 IV III I II 1981 III I IV 1982 III II I IV II 1 81.2 80.3 84.4 89.5 94.5 94.3 92.3 91.2 92.8 91.7 87.0 87.6 84.0 82.4 2 3 4 5 6 7 8 9 10 11 12 13 12.1 20.2 6.9 13.3 30.4 8.6 6.6 3.0 3.6 3.3 1.6 1.6 12.8 20,0 6.8 13.2 29.7 8.5 6.7 3.0 3.7 2.7 1.3 1.3 13.8 21.5 7.2 14.2 31.5 8.3 6.8 3.0 3.8 2.6 1.3 1.3 15.2 22.7 7.9 14.8 32.9 8.3 7.3 3.3 4.0 3.2 1.6 1,6 14.7 23.5 9.1 14.4 34.8 7.6 9.6 5.1 4.5 4.3 2.1 2.1 15.2 25.3 9.5 15.9 35.6 6.7 8.2 3.5 4.8 3.2 1.6 1.6 15.7 24.0 8.4 15.6 34.8 6.5 8.0 3.5 4.5 3.3 1.7 1.7 15.2 23.4 7.9 15.5 34.5 6.9 8.1 3.4 4.7 3.1 1.6 1.6 16.7 23.1 7.5 15.6 33.9 7.0 8.4 3.4 5.0 3.8 1.9 1.9 15.1 21.7 7.3 14.4 34.5 7.3 8.5 3.2 5.2 4.7 2.3 2.3 14.6 21.5 6.5 15.1 31.8 6.9 8.1 3.1 4.9 4.1 2.1 2.1 15.7 22.9 6.6 16.3 31.2 5.5 7.6 2.9 4.7 4.6 2.3 2.3 15.7 22.9 6.1 16.7 29.0 5.6 7.2 2.6 4.5 3.6 1.8 1.8 16.6 21.7 6.1 15.6 28.0 5.7 7.4 2.7 4.7 3.1 1.6 1.6 14 75.2 77.5 77.0 78.0 77.9 74.4 71.4 74.2 74.6 77.6 80.3 83.8 76.7 76.5 15 16 7.4 19.2 8.0 20.0 7.5 19.2 7.6 19.0 6.8 18.8 6.6 17.0 6.6 15.6 6.8 16.9 7.0 18.1 6.7 19,0 7.0 19.5 7,2 19.4 6.1 18.3 7.0 17.5 17 18 19 20 21 22 23 24 25 26 27 11.8 7.4 8.7 12.8 10.2 14.7 9.5 5.2 2.3 1.1 1.1 12.2 7.8 8.8 13.3 11.6 14.5 9.5 5.1 1.2 0.6 0.6 11.7 7.5 8.3 14.4 11.2 15.2 10.1 5.1 1.2 0.6 0.6 11.4 7.6 8.6 14.5 11.0 15.6 10.5 5.1 1,7 0.8 0.8 11.3 7.5 7.9 15.5 10.8 15.8 11.1 4.7 2.2 1.1 1.1 9.7 7.3 7.2 15.1 10.8 16.0 11.1 4.8 1.7 0.9 0.9 8.8 6.7 6.0 15.2 11.2 15.2 10.5 4.7 1.7 0.9 0.9 9.9 7.0 6.4 15.7 10.6 15.8 10.7 5.0 2.0 1.0 1.0 10.5 7,6 6.2 16.3 9.7 15.8 11.1 4.7 1.6 0.8 0.8 11.5 7,5 6.2 17.1 10.6 16.0 10.9 5.1 2.0 1.0 1.0 11.6 7.9 5.7 18.6 10.7 16.8 11.1 5.6 2.0 1.0 1.0 11.3 8,1 5.8 20.1 10.4 18.3 12,1 6.2 2.7 1.3 1.3 10.7 7.6 5.0 17.9 9.8 17.1 11.9 5.1 2.4 1.2 1.2 10.2 7.3 4.2 17.2 11.7 15.9 10.6 5.3 3.0 1.5 1.5 28 29 30 14.4 66.7 66.5 15.3 65.1 68.7 16.2 68.2 68.7 18.1 71.4 69.5 17.7 76.8 69.9 18.4 75.9 67.2 18.3 74.0 65.5 17.6 73,6 67.7 19.2 73.6 68.4 17.5 74.2 71.4 16.6 70.4 74.5 18.5 69,1 78,0 18.4 65.5 71.6 19.0 63.4 72.2 Includes parts of line 2 and line 5. Table 4.5.—Relation of Foreign Transactions in the National Income and Product Accounts (NIPA's) to the Corresponding Items in the Balance of Payments Accounts (BPA's) [Millions of dollars] Line Exports of goods and services BPA's * Less' Gold BPA's 2 Statistical differences 4 Other items 5 Equals* Exports of goods and services, NIPA's .. , .... ,. , ., ., . Less' Payments of income on U S Government liabilities 6 ,, Gold BPA's 2 Capital gains net of losses in direct investment income payments BPA's 3 Statistical differences 4 ., . .., Other items Plus- Gold NIPA's 2 , Equals' Imports of goods find services, NIPA's . ,. . ., ...... . .. Less- Gold (2 9 + 13) Statistical differences (4 11) . . Other items (5 12) Plus* Payments of income on TJ S Government liabilities (8) Equals' Net exports of goods and services NIPA's (6 14) • Allocations of special drawing rights BPA's • Plus1 Other items 7 Equals: Capital grants received by U.S., net, NIPA's •• •• 171,630 184,337 1 093 1980 220,137 1 163 286,772 5293 1981 342,102 4176 2043 372,892 4398 0 750 362 0 800 0 500 394 0 650 254 0 375 170,876 182,744 218,718 281,358 339,219 367,332 7 8 9 10 11 12 13 14 162,248 4,520 193,788 5,542 1935 229,880 8,674 1765 281,677 11,076 2912 361,813 16,748 4014 o 0 307 0 0 419 44 0 0 437 64 0 0 520 333,800 12512 5565 1 676 0 0 -22 206 0 0 15 157,096 186,730 219,834 268,145 314,025 341,272 15 16 17 18 19 20 21 9 382 -9451 9,743 423 8,302 1411 3719 11 079 278 5,095 2901 22 23 ....... 24 Payments of income on U S Government liabilities BPA's Equals* Interest paid by government to foreigners, NIPA's 1 354 1979 400 25 26 27 28 , 1978 1977 1 2 3 4 5 6 Unilateral transfers (excluding military grants of goods and services), net, BPA's Less* Statistical differences 4 Other items 8 ... .. .. , Equals* Transfer payments to foreigners net NIPA's Balance on current account, BPA's (15 25) Less' Gold (16) Capital gains net of losses in direct investment income BPA's (17) ... Statistical differences (18 26) Other items (19 27) . ... Plus: Capital grants received by U.S., net, NIPA's (24) ...„ .. .....,., Equals- Net foreign investment, NIPA's (21 + 24 — 28—30) . . 1976 o 939 0 400 0 500 165 438 0 650 4520 13,780 5542 3,986 8674 1 116 11 076 13 213 0 0 0 1,139 o 0 o 0 o 318 0 375 0 0 750 12512 25 194 399 568 o 800 16748 26060 1 152 1 093 o o 0 1,139 1,152 1,093 4,998 4,617 5,030 5,561 o 6783 o 6 608 864 500 500 500 751 296 4133 4117 4 530 5 062 6 031 6 312 29 30 4520 4,520 5542 5,542 8,674 8,674 11 076 11,076 12 512 12512 16748 16748 31 32 33 34 35 ,. 36 37 4,384 -14,068 14,773 278 423 o -466 2901 '318 464 0 0 0 0 165 438 5127 13,645 o o o o 150 0 14,320 o 125 1,139 1 786 1 519 1 411 3719 o o 4471 399 568 o 1 504 1,152 7803 1093 4 093 Includes reinvested earnings of incorporated affiliates. Beginning in 1960, the treatment of net exports of gold in the NIPA's differs from that in the BPA's. BPA gold exports (line 2) and imports (line 9) are removed from the NIPA's. Imports of gold in the NIPA's (line 13) is the excess of the value of gold in domestic final sales plus the change in business inventories over the value of U.S. production of gold. Prior to I960, the treatment of net exports of gold in the NIPA's and BPA's is identical, and is the same as the present NIPA treatment. 3 BPA capital gains and losses included in U.S. direct investment income abroad (line 3) and in foreign direct investment income in the U.S. (line 10) are removed from the NIPA's beginning in 1978; data needed to remove them from the NIPA's in earlier years are not available. 4 Consists of statistical revisions in the BPA's that have not yet been incorporated in the NIPA's. 5 Consists of arms shipments to Israel financed under the Emergency Security Act of 1973 and subsequent legislation. In the NIPA's, these arms shipments are classified as military grants, which are included in the defense purchases component of GNP when they are acquired by the U.S. Government. Their transfer abroad is not reflected in the NIPA's. 6 Represents interest paid by government to foreigners. This item is treated as an import of services in the BPA's. In the NIPA's, it is excluded from government purchases and, thus, also from imports. 7 Consists of a U.S. Government payment to India under the Agricultural Trade Development and Assistance Act. In the NIPA's, this payment is included in capital grants received by the United States (net). In the BPA's, it is included in unilateral transfers (excluding military grants of goods and services), net. 8 Consists of financing provided to Israel in accordance with the Emergency Security Act of 1973 and subsequent legislation. 2 69 SURVEY OF CURRENT BUSINESS July 5. Saving and Investment Table 5.1.—Gross Saving and Investment Billions of dollars, seasonally adjusted at annual rates Millions of dollars Line 1978 1977 1976 1977 1978 1979 1980 1981 257,892 309,061 374,828 422,731 406,247 477,513 275.7 305.3 329.8 325.5 341.0 294,406 82,491 36,897 326,909 77,995 53,742 374,011 89,372 62,163 407,259 96,690 54,527 438,315 106,210 38,901 504,663 130,209 44,358 289.6 62.9 40.3 321.1 74.2 54.3 349.9 86.9 66.2 347.0 88.0 54.1 357.8 94.4 53.6 65,115 14 679 -13,539 81,195 -16,183 11 270 98,899 24 oil -12,725 112,409 43 110 -14,772 99,728 42997 -17,830 85,804 24 614 16 832 74.8 -22.2 12 2 81.1 -15.4 11 4 85.6 -9.1 103 83.3 -18.0 112 Corporate capital consumption allowances with cap- 8 ital consumption adjustment. Noncorporate capital consumption allowances with 9 capital consumption adjustment. Wage accruals less disbursements..... ... 10 109,861 121,467 137,591 157,501 181,221 206,209 116.5 119.9 122.6 65,157 73,705 84,885 98,541 111,983 123,887 70.0 72.7 74.2 0 0 0 0 0 0 0.0 0.0 0.0 Government surplus or deficit ( — ), national income 11 and product accounts. 12 Federal State and local 13 -36,514 -17,848 817 14,333 -33,220 -28,243 -13.9 -15.8 -20.1 -53,083 16,569 45879 28,031 -29,463 30,280 -16,090 30,423 -61,370 28,150 -59,970 31,727 -37.6 23.7 -41.9 26.1 -52.1 32.0 Gross saving' ., 1 Gross private saving 2 Personal saving 3 Undistributed corporate profits with inventory val- 4 uation and capital consumption adjustments. Undistributed profits 5 6 Inventory valuation adjustment 7 Capital grants received by the United States (net).. Gross investment . . Gross private domestic investment. Net foreign investment p y II I I III IV 372.6 383.5 402.2 365.3 83.6 63.7 381.1 89.5 64.8 392.0 90.0 66.6 85.4 -20.9 -11.0 98.4 -22.9 118 101.9 -23.3 138 109.8 290 -14.2 126.9 130.3 134.9 140.1 145.1 77.9 79.5 83.1 86.6 90.3 0.0 0.0 0.0 0.0 0.0 7.4 2.4 10.3 -26.6 34.0 -23.3 25.7 196 29.8 IV HI -21.5 II -16.8 518 30.4 484 31.6 14 0 0 0 1,139 1,152 1,093 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0. 15 262,994 310,411 372,272 421,244 410,151 475,630 285.7 308.4 329.1 318.4 330.7 371.3 382.9 404.2 .. 16 17 257,867 5,127 324,056 13645 386,592 14320 423,030 -1,786 402,348 7,803 471,537 4,093 296.4 -10.8 319.4 -11.0 339.6 -10.5 340.7 -22.3 354.2 -23.5 388.5 -17.2 394.6 -11.7 409.1 -4.9 18 5,102 1,350 2 556 10.0 3.2 07 7i 103 13 1 883 3,904 1 487 1.9 -0.6 Billions of dollars, seasonally adjusted at annual rates I Gross saving.,.,,,...... ...... ... 1980 1979 Line III II IV 1981 I II III IV I 1982 II III IV I II , ... 1 423.1 432.2 431.4 404.4 410.8 395.8 404.4 414.0 461.4 482.4 490.0 476.3 428.8 449.0 Gross private saving 2 Personal saving ... .,i ...... Undistributed corporate profits with inventory valuation and capital consumption adjustments. 5 Undistributed profits Inventory valuation adjustment Capital consumption adjustment 7 399.7 98.0 59.4 410.9 102.8 56.6 417.3 98.6 57.1 401.2 87.3 45.0 420.2 97.9 43.9 438.8 108.6 41.0 449.2 113.1 36.9 445.1 105.3 33.7 468.7 105.9 47.3 488.9 122.0 42.0 513.4 134.4 43.9 547.7 158.6 44.3 520.3 139.1 32.5 535.1 142.0 38.5 109.5 -35.8 143 112.1 -41.4 14 2 117.0 -45.2 147 111.0 -50.1 16 0 116.7 57 2 157 86.4 282 17 2 97.3 41 1 19 3 98.5 45 5 19 2 100.1 -35.5 17 3 82.2 -22.8 -17.5 84.0 -23.0 -17.1 76.9 -17.1 -15.5 47,0 -4.4 -10.1 50.7 -6.3 -5.9 Corporate capital consumption allowances with capital consumption adjustment. Noncorporate capital consumption allowances with 9 capital consumption adjustment. yfsige accruals less disbursements 10 149.3 154.6 160.5 165.7 171.4 178.3 184.8 190.4 196.2 202.9 209.7 216.0 218.9 223.3 93.0 96.9 101.1 103.2 107.0 110.9 113.9 116.1 119.2 122.1 125.5 128.7 129.8 131.4 0.0 0.0 0.0 0.0 0.0 0.0 0.5 -0.5 0.0 0.0 0.0 0.0 0.0 Government surplus or deficit ( — ), national income 11 and product accounts, Federal , 12 State and local 13 22.2 20.1 12.9 2.1 -44.2 -45,9 -32.2 -8.3 -10.1 32.3 67 26.8 -18.0 30.9 -29.6 31.6 -67.5 23.3 -73.1 27.1 -65.2 33.0 -39.7 31.3 Capital grants received by the United States (net) Gross investment , Gross private domestic investment Net foreign investment Statistical discrepancy ... -10.6 397 29.1 -7.6 405 32.9 -24.5 580 33.5 -72.5 1017 29.1 -91.6 -119.3 27.7 0.0 -86.1 1158 29.7 14 LI 1.1 1.1 1.1 1.2 1.2 1,2 1.2 1.1 1.1 1.1 1.1 0.0 0. .. 15 417.4 422.9 433.5 411.1 421.3 399.6 406.6 413.0 466.5 477,8 489.1 469.0 421,3 441.6 , 16 17 415.1 2.3 428.3 54 431.9 1.6 416.8 57 424.0 -2.6 391.0 8.6 384.1 22.5 410.3 2.8 455.7 10.8 475.5 2.3 486.0 3.1 468.9 0.1 414.8 6.5 429.1 12.5 18 -5.7 -9.2 2.2 6.8 10.5 3.8 2.2 10 5.1 46 08 7g -7.5 -7.5 70 SURVEY OF CURRENT BUSINESS July Table 5.2.—Gross Private Domestic Investment, Capital Consumption Allowances with Capital Consumption Adjustment, and Net Private Domestic Investment by Major Type of Investment [Millions of dollars] Line 1976 1977 1979 1978 1980 1981 1 257,867 324,056 386 592 423,030 402,348 471 537 2 175,018 195,172 222 476 256 042 293 204 330 096 .... 3 82849 128 884 164 116 166,988 109 144 141 441 4 5 -, ....... 6 246 044 175 018 71026 301,049 195 172 105 877 360 137 222 476 137 661 408 769 256 042 152 727 412 352 293 204 119 148 451 072 330 096 120 976 7 8 9 174 069 139,818 34,251 205,249 154,524 50,725 248 893 175 260 73633 290 200 201,204 88996 309 164 231,858 77,306 346 123 263,249 82874 Structures . . . Less1 Capital consumption allowances with capital consumption adjustment Equals' Net structures . ... .. ..... . ,. ......... . , .... 10 11 12 58,783 44728 14,055 64,409 48432 15,977 78 734 55 483 23251 98,291 64571 33,720 110,540 74535 36,005 129,736 83841 45895 Less* Capital consumption allowances with capital consumption adjustment Equals' Net producers' durable equipment 13 14 15 115,286 95,090 20,196 140,840 106 092 34,748 170,159 119 777 50382 191,909 136 633 55,276 198,624 157 323 41,301 216 387 179408 36 979 16 17 18 71,975 35,200 36775 95,800 40648 55152 111,244 47216 64 028 118,569 54838 63731 103,188 61346 41 842 104,949 66847 38 102 Nonfarm structures Less* Capital consumption allowances with capital consumption adjustment, Equals' Net nonfarm structures 19 20 21 68822 32,339 36,483 91 956 37461 54495 106 956 43627 63329 113993 50,804 63 189 98 316 56870 41446 99 693 61954 37739 Farm structures Less1 Capital consumption allowances with capital consumption adjustment Equals' Net farm structures 22 23 24 1 103 1312 209 1 548 1475 73 1 739 1 673 66 1 707 1876 169 1 858 2046 188 2 054 2177 123 2,050 1 549 501 2,296 1712 584 2,549 1916 633 2,869 2158 711 3,014 2430 584 3,202 2716 486 23,007 26,455 14,261 — 10,004 20,465 Gross private domestic investment ,, ... ..,,.... .. , Less: Capital consumption allowances with capital consumption adjustment Equals' Net private domestic investment .. Fixed investment . Less' Capital consumption allowances with capital consumption adjustment 1 Equals Net fixed investment .. . ., Nonresidential . Less: Capital consumption allowances with capital consumption adjustment Equals' Net nonresidential . .. .. Residential Less' Capital consumption allowances with capital consumption adjustment Equals* Net residential Producers' durable equipment .. .... , , Less' Capital consumption allowances with capital consumption adjustment Equals: Net producers' durable equipment. ., , Change in business inventories .... ...... ., ., .... ..... 25 26 .... 27 28 ., 11,823 Table 5.3.—Gross Private Domestic Investment, Capital Consumption Allowances With Capital Consumption Adjustment, and Net Private Domestic Investment by Major Type of Investment in Constant Dollars [Billions of 1972 dollars] Line 1976 1977 1979 1978 1981 1980 Gross private domestic investment .. 1 184.5 2142 2367 236.3 208.4 225.8 Less" Capital consumption allowances with capital consumption adjustment 2 1251 1299 1358 143.0 1496 155.6 Equals' Net private domestic investment . 3 594 843 1009 93.3 588 70.3 4 5 6 1767 1251 516 2009 1299 71 1 2207 135.8 849 229.1 143.0 86.0 213.3 149.6 63.7 216.9 155.6 61.3 7 8 9 125.6 1000 25.6 140.3 1039 36^3 158.3 1091 49.2 169.9 1153 54.6 166.1 1212 44.9 172.0 126.6 45.3 Fixed investment .. Less: Capital consumption allowances with capital consumption adjustment Equals: Net fixed investment........ „ ... ...... Nonresidential ,.,.,,....,. Less' Capital consumption allowances with capital consumption adjustment Equals: Net nonresidential ... .. Structures.......... . . Less1 Capital consumption allowances with capital consumption adjustment Equals' Net structures ... ... . , . . . , 10 ,, ..., 11 12 39.5 302 93 40.4 309 95 44.6 316 130 49.1 32.6 165 48.5 33.5 15.0 51.6 34.5 170 Producers' durable equipment , Less: Capital consumption allowances with capital consumption adjustment Equals* Net producers' durable equipment 13 .. .. 14 15 86.1 69.8 163 99.9 730 268 113.7 775 362 120.8 827 381 117.6 87.7 29.9 120.4 92.1 28.3 16 17 „ ... 18 51.2 25.1 26.0 60.7 25.9 347 62.4 267 35.6 59.1 277 314 47.2 284 188 44.9 29.0 159 19 20 21 48.7 229 25.8 57.9 236 342 59.5 244 351 56.3 253 31.0 443 258 185 421 264 157 Farm structures ... ., .. ..... 22 23 Less' Capital consumption allowances with capital consumption adjustment 24 Equals: Net farm structures 0.8 09 -0.1 1.0 09 0.1 1.0 09 0.0 0.8 09 -0.1 0.8 09 -0.1 0.9 09 01 25 26 27 1.7 13 0.4 1.8 14 0.5 1.9 14 0.5 2.0 15 0.5 2.0 16 0.4 20 17 03 28 7.8 13.3 16.0 7.3 — 5.0 9.0 Residential „.,....,......,.., , , .. .... , Less: Capital consumption allowances with capital consumption adjustment Equals: Net residential ......... , ., ,, Nonfarm structures . . . Less* Capital consumption allowances with capital consumption adjustment Equals: Net nonfarm structures ....... Producers' durable equipment . . ,, Less' Capital consumption allowances with capital consumption adjustment Equals: Net producers' durable equipment Change in business inventories ... ... ... July SURVEY OF CURRENT BUSINESS 71 Table 5.4.—Purchases of Structures by Type [Millions of dollars] Line Purchases of structures l Private Nonresidential New .. 1976 1978 1977 1981 1980 1979 1 168,767 197,204 234,390 263,884 267,290 285,787 2 128,708 157,913 187,429 213,991 210,714 231,483 3 58,783 64,409 78,734 98,291 110,540 129,736 4 58,795 64,350 78,622 98,144 110,386 129,555 Nonresidential buildings, excluding farm. Industrial .. . Commercial Religious Educational Hospital and institutional .... Other 2 5 27,010 29,714 37,585 49,619 55,532 64,712 6 7 8 9 10 11 7,183 12,862 956 660 3,396 1,953 7,712 14,865 1,046 660 3,290 2,141 10,994 18,690 1,248 729 3,347 2,577 14,950 25,097 1,548 806 3,530 3,688 13,837 30,133 1,637 1,175 4,046 4,704 17,030 34449 1,665 1,171 4,907 5,490 Public utilities Railroads. Telephone and telegraph Electric light and power Gas Petroleum pipelines 12 13 14 15 16 17 19,043 580 3,713 10,652 1,211 2,887 18,891 737 4,278 11,199 1,480 1,197 21,699 1,190 5,336 12,822 1,817 534 25,823 1,189 6,276 15,265 2,502 591 26,153 1,256 6,652 14,979 2,457 809 26,641 1,334 6,990 14,858 2,609 850 Farm Mining exploration, shafts, and wells. Petroleum and natural gas .. Other Other 3. . 18 19 3,941 7,724 4,401 10,043 5,179 12,876 5,558 15,692 5,244 22,207 5,311 31,625 20 21 22 6,896 828 1,077 9,111 932 1,301 11,888 988 1,283 14,586 1,106 1,452 20,827 1,380 1,250 29,849 1,776 1266 Brokers' commissions on sale 23 of structures. Net purchases of used struc- 24 tures. -222 -172 -180 -238 -277 -322 25 69,925 93,504 108,695 115,700 100,174 101,747 26 62,837 84,068 96,933 102,664 88,972 91,940 Nonfarm New housing units Permanent site 1-unit structures . . . 2-or-more unit structures. Mobile homes Additions and alterations Other 4 27 28 29 30 31 61,779 49694 46,690 39 462 7,228 82,572 68912 65,031 54553 10,478 95,249 79573 75,030 61,608 13,422 101,005 83034 78,015 60217 17,798 87,156 67 039 62,692 45216 17,476 89,929 67081 62,215 43 952 18,263 32 33 34 3,004 11,963 122 3,881 13,600 60 4,543 15,576 100 5019 17,913 58 4,347 20,030 87 4866 22,664 184 Farm New housing units Additions and alterations 35 36 37 1058 523 535 1496 697 799 1684 721 963 Residential New Brokers' commissions on sale 38 of structures. Net purchases of used struc- 39 tures. 210 231 292 385 1 659 646 1,013 431 1 816 531 1,285 503 2011 560 1,451 7,543 10,102 12,483 13,633 11,987 10,588 -455 -666 -721 -597 -785 -781 40,059 39,291 46,961 49,893 56,576 54,304 41 39382 38453 46060 49 058 55514 53201 42 43 44 45 46 47 13,897 1010 906 6342 1,716 3923 12,749 1 138 942 5459 1581 3629 15,096 1 377 884 6 264 1653 4918 15,698 1 556 1068 6 903 1486 4 685 18,657 2028 1380 8 050 1605 5594 17,933 2 132 1592 6737 1877 5 595 Highways and streets 48 Military facilities 49 Conservation and development... 50 9 743 1,559 3,741 9 380 1595 3,862 10 706 1 644 4,457 11 997 1 667 4,587 13 806 2 141 5,091 13 304 1 983 5,225 Sewer and water systems Sewer systems Water supply facilities Other 6 51 52 53 54 6973 5,342 1,631 3,469 7 186 5,374 1,812 3681 9426 6765 2,661 4731 9788 7298 2,490 5 321 10 437 7 171 3,266 5 382 8 939 5 935 3,004 5817 Net purchases of used structures... 55 677 838 901 835 1,062 1,103 Government structures and new 40 construction force-account compensation. New Buildings, excluding military Residential Industrial Educational Hospital Other 5 1 In this table, purchases of structures includes compensation of government employees engaged in new force-account construction. In table 1.3 this compensation is classified as i service and is included as part of government compensation of employees. 2 Consists of hotels and motels, buildings used primarily for social and receational activities, and buildings not elsewhere classified, such as passenger terminals, greenhous< , and animal hospitals. 3 Consists of streets, dams and reservoirs, sewer and water facilities, parks, airfields, etc. 4 Consists of dormitories, fraternity and sorority houses, nurses' homes, etc. 5 Consists of general office buildings, police and fire stations, courthouses, auditoriums, garages, passenger terminals, etc. 6 Consists of electric and gas facilities, transit systems, airfields, etc. 72 SURVEY OF CURRENT BUSINESS July Table 5.5.—Purchases of Structures by Type in Constant Dollars [Billions of 1972 dollars] Line Purchases of structures 1 .. 1 Private..,...., • Nonresidential New 2 3 4 1977 1976 1978 1980 1979 1981 125.1 132.7 131.8 119.7 118.2 88.9 99.2 105.1 106.2 93.7 94.5 39 5 40.4 446 49 1 48 5 51 6 39.5 40.4 44.6 49.0 48.5 51.5 116.8 Nonresidential buildings, excluding farm. Industrial Commercial Religious Educational. , Hospital and institutional.... Other 2 5 19.4 20.2 23.0 26.5 26.4 29.1 6 7 8 9 10 11 52 9.2 0.7 0.5 2.4 1.4 5.2 10.1 07 0.4 2.2 1.5 67 11.5 0.8 0.4 2.1 1.6 80 13.4 08 0.4 1.9 2.0 66 14.3 08 0.6 1.9 2.2 77 15.5 08 0.5 2.2 2,5 Public utilities ., Railroads Telephone and telegraph Electric light and power Gas... , Petroleum pipelines 12 13 14 15 16 17 12.3 0.4 2.6 6.8 0.7 1.8 11.6 0.5 2.9 6.7 0.9 0.7 12.5 0.7 3.4 7.2 1.0 0.3 13.5 0.6 3.6 7.8 1.2 0.3 12.5 06 3.4 7.0 1.1 04 114 06 3.0 6.4 1.1 0.4 Farm ... ... .. Mining exploration, shafts, and wells. Petroleum and natural gas .. Other Other 3 18 19 2.8 4.2 3.0 4.8 3.2 5.1 3.0 5.3 2.5 6.6 24 8.0 20 21 22 3.6 0.6 07 4.1 0.6 0.8 4.5 0.6 0.7 4.7 0.6 07 5.9 0.7 06 7.2 0.8 05 Brokers' commissions on sale 23 of structures. Net purchases of used struc- 24 tures. 0.2 0.2 0.2 0.2 0.2 0.2 -0.2 -0.1 -0.1 -0.1 -0.1 -0.1 25 49.5 58.8 60.5 57.1 45.2 42.9 26 445 52.9 540 507 402 388 Nonfarm New housing units , Permanent site 1-unit structures 2-or-more unit structures. Mobile homes ., Additions and alterations Other 4 27 28 29 30 31 437 35.2 33.0 27.9 5.1 520 43.4 40.8 34.2 6.6 530 44.4 415 34.1 7.4 499 41.1 382 29.5 8.7 394 30.4 28 1 20.2 7.8 380 28.5 260 18.4 7.6 32 33 34 22 8.5 0.1 2.6 8.5 0.0 28 8.6 01 29 8.8 00 23 9.0 0.0 2.5 9.4 0.1 Farm New housing units Additions and alterations 35 36 37 08 04 0.4 10 04 0.5 09 04 0.5 08 03 0.5 08 03 0.6 08 02 0.6 Residential .. New . . . . Brokers' commissions on sale 38 of structures. Net purchases of used struc- 39 tures. Government structures and new 40 construction force-account compensation. New , ,... ... 5.3 -0.3 6.3 6.9 6.7 5.4 4.4 -0.3 -0.4 -0.4 27.9 25.8 27.6 25.6 26.0 23.7 253 255 233 -0.3 -0.3 41 274 27 1 252 Buildings, excluding military Residential. Industrial . Educational Hospital , ... Other 5 , Highways and streets Military facilities Conservation and development... 42 43 44 45 46 47 48 49 50 10.2 0.7 06 47 13 28 67 11 2.5 8.7 0.7 06 37 1.2 25 62 11 2.5 9.4 0.8 05 39 12 30 59 10 2.7 8.6 0.8 06 38 10 25 55 09 2.5 9.1 0.9 07 40 09 26 55 11 2.5 8.2 0.9 07 31 1.0 25 54 09 2.3 Sewer and water systems . Sewer systems...... Water supply facilities Other 6 51 52 53 54 4.7 36 10 23 45 34 11 24 54 39 15 27 50 38 13 27 49 34 15 24 39 27 13 25 Net purchases of used structures- 55 0.5 0.5 0.5 0.4 0.5 0.5 1 In this table, purchases of structures includes compensation of government employees engaged in new force-account construction. In table 1.4 this compensation is classified as a service and is included as part of government compensation of employees. 2 Consists of hotels and motels, buildings used primarily for social and receational activities, and buildings, not elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals. 3 Consists of streets, dams and reservoirs, sewer and water facilities, parks, airfields, etc. 4 Consists of dormitories, fraternity and sorority houses, nurses' homes, etc. 5 Consists of general office buildings, police and fire stations, courthouses, auditoriums, garages, passenger terminals, etc. 6 Cor^ists of electric and gas facilities, transit systems, airfields, etc. SURVEY OF CURRENT BUSINESS July 73 Table 5.6.—Private Purchases of Producers' Durable Equipment by Type [Millions of dollars] Line 1977 1976 1978 1980 1979 1981 Private purchases of produc- 1 ers' durable equipment. 117,336 143,136 172,708 194,778 201,638 219,589 .... 2 115,286 140,840 170,159 191,909 198,624 216,387 Furniture and fixtures . . Fabricated metal products Engines and turbines . Tractors 3 4 5 6 4,330 4,926 1,872 3,900 5,584 4,783 2,152 4651 6,513 5,460 2,461 5,119 7 236 6,772 2,735 5243 7895 6,833 2,973 4652 9,363 7,340 4,048 5,050 Agricultural machinery, except tractors. Construction machinery, except tractors. Mining and oilfield machinery ....... Metalworking machinery 7 4,860 5,414 6,336 7,453 7,038 7,088 8 4,139 6,123 8,192 8,190 6,916 6,887 9 10 2,491 6,588 3,044 7969 3,477 9704 3,896 11754 4,878 13216 5,493 13646 Special industry machinery, n.e.c .. General industrial, including materials handling, equipment. Office, computing, and accounting machinery. Service industry machinery 11 12 6,166 6,633 6,283 7,934 8,191 9,437 8,687 11,255 9,311 11,984 11,635 13,009 13 8,214 10,010 12,964 16,431 19,851 22,582 14 3,538 4,045 4726 5,234 6,117 6,616 Electrical and communication equipment. Electrical transmission, distribution, and industrial apparatus. Communication equipment...,....,. Electrical equipment, n.e.c 15 17,425 22,447 25,860 28,876 32,385 35,965 16 5,647 7,053 8,170 8,339 9,095 9,507 17 18 10,058 1,720 12,455 2,939 14,791 2,899 17,286 3251 19,942 3,348 22,867 3591 Trucks, buses, and truck trailers ... Autos.... Aircraft Ships and boats »....,. Railroad equipment ., Instruments . .•.. . Other 19 20 13,434 9,578 1932 1,828 2,286 8402 3,558 18,084 12,555 2,285 1,805 2,842 9,747 3,642 22,699 14,693 3065 2,033 3,806 11,979 4,408 24,466 13,410 5256 2330 5,548 13360 5,568 17,850 12,099 5956 3,062 5,599 15593 5,982 17,128 13571 7356 2?851 4553 16898 6,848 Less: Sale of equipment scrap, 26 excluding autos. 814 559 964 1,791 1,566 1,540 27 2,050 2,296 2,549 2,869 3014 3202 Nonresidential ... ,,, ... Residential , 21 22 23 24 25 . Addenda: Private purchases of producers' durable equipment. 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 Equals: Private purchases of new equipment. 28 117,336 143,136 172,708 194,778 201,638 219,589 29 1,063 1,322 1,599 1,662 1,633 1,789 30 161 166 188 209 236 256 31 6,439 7,205 8,326 9,988 9,828 11,565 32 722 639 711 675 782 524 33 34 832 124,105 577 150,069 981 180,939 1,810 205,380 1,584 211,963 1,558 231,191 n.e.c. Not elsewhere classified. Table 5.7.—Private Purchases of Producers' Durable Equipment by Type in Constant Dollars [Billions of 1972 dollars] Line 1976 1977 1978 1980 1979 1981 Private purchases of produc- 1 ers' durable equipment. 87.8 101.7 115.6 122.9 119.6 122.4 ,. 2 861 999 1137 1204 3 .. .. 4 5 6 31 34 1.2 26 37 31 L3 28 39 34 14 28 1208 40 38 1*4 27 117 6 Furniture and fixtures Fabricated metal products Engines and turbines , Tractors.. ... 40 36 14 21 44 37 17 20 3.3 3.4 3.6 3.9 3.3 3.0 2.7 3.7 4.5 4.2 3.1 2.8 1.5 4.6 1.6 5.1 1.7 58 1.7 63 1.9 63 1.8 58 Special industry machinery, n.e.c .. .11 General industrial, including ma- 12 terials handling, equipment. Office, computing, and account- 13 ing machinery. Service industry machinery ........ 14 4.0 4.4 3.9 5.0 4.6 5.5 4.4 6.1 4.2 5.8 4.7 5.7 8.0 9.8 12.6 16.2 19.3 22.2 2.6 2.9 3.2 33 34 34 15 13.1 16.4 18.4 19.9 21.7 22.0 16 3.9 4.7 5.1 4.9 4.9 4.6 17 18 8.0 1.2 9.8 1.9 11.6 17 13.3 17 15.2 16 15.8 16 19 20 21 22 9.8 8.7 14 1.3 12.2 10.9 15 1.2 14.0 11.6 19 1.2 13.8 10.1 29 1.3 9.1 8.3 29 1.5 7.7 9.5 32 13 . . . . ........ 23 24 25 1.4 6.9 26 1.6 7.7 26 2.0 91 30 2.6 9.6 34 2.4 10.5 33 1.7 108 35 Less: Sale of equipment scrap, 26 excluding autos. 0.4 0.3 0.5 0.7 0.6 0.6 27 1.7 1.8 1.9 2.0 2.0 2.0 Nonresidential ..... Agricultural machinery, except 7 tractors. Construction machinery, except 8 tractors. 9 Mining and oilfield machinery 10 Electrical and communication equipment. Electrical transmission, distribution, and industrial apparatus. Communication equipment Electrical equipment n e e Trucks, buses, and truck trailers ... Autos Aircraft Ships and boats . .. . ........ Railroad equipment Instruments Other Residential n.e.c. Not elsewhere classified. 74 SURVEY OF CURRENT BUSINESS July Table 5.8.—Change in Business Inventories by Industry Millions of dollars Line 1976 1977 1978 Billions of dollars, seasonally adjusted at annual rates 1979 1978 1977 1980 I II I IV III II III IV 1 11,823 23,007 26,455 14,261 -10,004 20,465 19.6 23.3 32.1 17.1 25.3 30.8 23.5 Farm 2 -2,049 1,139 1,063 5,669 -4,278 5,486 1.0 1.0 1.0 1.7 1.0 1.0 1.0 1.3 Nonfarm Change in book value Inventory valuation adjustment 1 3 4 5 13,872 31,084 -17,212 21,868 40,450 -18,582 25,392 53,579 -28,187 8,592 58,787 50 195 5726 45,327 51 053 14,979 43,540 28 561 18.7 43.7 251 22.3 38.5 16 2 31.1 43.8 -12.7 15.4 35.8 204 24.3 48.4 -24.1 29.8 56.7 269 22.4 50.1 277 25.0 59.1 34 1 6 7 8 5,865 3,027 2,838 5,248 2,672 2,576 9,334 8,461 873 9,250 9,837 -587 1,393 1,334 59 6,031 4,372 1,659 2.4 1.6 0.7 6.3 1.1 5.2 10.3 5.3 4.9 2.1 2.6 -0.6 6.3 5.8 0.5 10.1 9.2 1.0 11.3 9.7 1.5 9.6 9.1 0.5 9 10 11 4,706 2,822 1,884 7,241 3,453 3,788 5,827 4,827 1,000 2,758 1,384 1,374 564 992 428 2,801 2,743 58 6.7 2.1 4.6 6.0 2.9 3.1 8.6 3.8 4.8 7.7 5.0 2.7 10.3 8.0 2.2 4.8 4.4 0.4 0.9 2.1 12 7.4 4.8 2.6 Merchant wholesalers Durable goods Nondurable goods 12 13 14 4,644 2,665 1,979 5,784 3,127 2,657 5,602 4,219 1,383 1,459 836 623 1,304 1,264 40 3,032 2,754 278 4.2 1.9 2.3 4.7 2.5 2.1 7.6 3.5 4.1 6.7 4.6 2.1 12.3 7.6 4.7 4.5 3.6 0.9 -0.5 1.2 -1.8 6.1 4.4 1.7 Nonmerchant wholesalers Durable goods Nondurable goods 15 16 17 62 157 95 1,457 326 1,131 225 608 -383 1,299 548 751 -740 -272 468 -231 -11 -7220 2.5 0.2 2.3 1.3 0.4 0.9 1.0 0.3 0.7 1.0 0.4 0.6 -2.0 0.4 25 0.2 0.7 05 1.4 0.9 0.5 1.3 0.4 0.9 Retail trade Durable goods Nondurable goods 18 19 20 4,064 2,346 1,718 6,062 3,198 2,864 6,312 2,963 3,349 -2,504 828 -1,676 -5,579 5,425 -154 6,470 2,647 3,823 5.4 3.2 2.2 5.7 2.1 3.6 7.4 4.7 2.7 5.7 2.8 2.9 8.2 4.0 4.3 5.6 0.0 5.7 4.4 1.4 2.9 7.0 6.5 0.5 Other Durable goods 2 2 Nondurable goods 21 22 23 -763 -522 241 3,317 1,046 2,271 3,919 2,868 1,051 912 95 -1,007 2104 -2,093 -11 -323 -1,036 713 4.1 -1.0 5.2 4.3 4.7 -0.3 4.9 1.3 3.5 -0.1 -0.8 0.7 -0.5 2.7 31 9.3 5.0 4.3 5.9 3.5 2.5 0.9 0.3 0.6 Change in business inventories Manufacturing Durable goods Nondurable goods Wholesale trade . Durable goods Nondurable goods . . . 26.2 Billions of dollars, seasonally adjusted at annual rates 1979 Line II I Change in business inventories Farm 1980 III 1 21.5 26.4 11.8 2 5.0 5.5 7.0 I II -2.6 -0.7 -0.4 21.2 -1.4 -4.4 -5.8 5.1 1982 1981 IV III III IV I II IV I -17.7 12.2 24.6 31.8 13.2 -35.6 -5.5 2.2 5.3 7.2 7.2 0.4 -0.5 19.3 45.0 -25.7 24.6 48.9 243 6.0 26.6 205 -36.0 -30.5 56 -19.2 -14.7 -4.4 II -19.7 3 4 5 16.5 58.3 -41.9 20.9 69.0 480 4.7 57.2 -52.5 -7.8 50.6 -58.4 0.7 67.5 -66.8 4.0 39.0 -35.0 -15.4 35.0 -50.3 -12.3 39.8 -52.1 10.0 53.7 -43.7 Manufacturing Durable goods Nondurable goods 6 7 8 12.9 13.7 07 11.0 10.3 0.6 8.7 7.1 1.6 4.4 8.3 -3.9 14.9 4.6 10.3 7.5 6.3 1.2 122 -5.0 -7.2 46 -0.5 -4.1 12.7 5.8 6.9 5.0 3.6 1.5 15.1 15.4 -0.3 -8.7 7.2 -1.4 -17.8 148 -3.0 -15.5 60 9.6 Wholesale trade Durable goods Nondurable goods 9 10 11 4.0 3.7 0.3 1.3 -0.9 2.2 5.4 4.4 1.0 0.4 1.7 2.1 0.5 24 2.9 5.1 4.8 0.3 -1.5 13 01 -1.9 2.9 48 -0.6 -1.4 0.7 3.1 4.3 -1.2 1.6 2.8 -4.4 10.4 5.3 5.1 12.5 -6.6 -5.8 -2.3 -1.7 -0.6 12 13 14 4.7 2.2 2.5 0.1 11 1.2 3.0 3.7 -0.8 20 -1.5 -0.5 32 -1.8 -1.3 5.6 5.0 0.6 2.6 -1.1 3.7 0.2 2.9 -2.8 -4.9 14 -3.6 5.5 4.4 1.1 0.6 1.7 -1.0 10.9 6.3 4.6 -8.1 -5.1 -3.1 15 16 17 -0.8 1.5 23 1.2 0.2 1.0 2.4 0.7 1.7 2.3 0.2 2.6 3.7 -0.5 4.2 -0.6 -0.2 03 -4.1 -0.3 -3.8 -2.0 0.0 -2.0 4,3 0.0 4.3 -2.2 1.1 -3.3 -0.5 -1.0 0.5 -4.3 -1.5 -2.8 -4.4 -0.6 -3.8 18 19 20 -1.6 2.2 3.8 7.5 7.0 0.5 -2.7 -5.1 2.3 -0.4 -4.1 3.8 -4.3 -0.3 -4.0 2.3 -3.9 1.6 11.6 4.3 7.3 1.7 1.0 2.7 -8.7 8.6 0.0 -1.2 1.5 2.7 21 22 23 1.2 -0.4 1.6 1.2 1.1 0.1 -5.9 -6.5 0.6 -1.4 -2.6 1.3 -1.5 2.5 -4.0 0.2 1.7 -1.5 -0.5 -2.7 2.2 2.7 -2.7 5.4 2.9 -0.8 3.7 -0.1 0.0 -0.1 Nonfarm Change in book value Inventory valuation adjustment 1 Merchant wholesalers Durable goods Nondurable goods . . Nonmerchant wholesalers Durable goods Nondurable goods Retail trade Durable goods. Nondurable goods Other Durable goods 2 Nondurable goods 2 • . . . . . . . -7.3 -5.5 -1.8 21 1.5 3.6 -8.6 -7.1 -1.6 -3.9 -1.8 -2.1 -15.0 -12.2 -2.8 0.3 -1.7 2.1 -2.4 -0.1 -2.3 14.9 11.2 3.8 -3.7 -0.5 -3.2 2.1 11 3.2 1 Beginning with 1973, the inventory valuation adjustment (IVA) shown in this table differs from that which adjusts business income. The IVA in this table reflects the mix of methods (first-in, first-out; last-in, first-out, etc.) underlying book value inventories derived primarily from Census Bureau statistics. This mix differs from that underlying business income derived primarily from Internal Revenue Service statistics. Prior to 1973, the two IVA's are the same because information required for separate estimates is not available. 2 Prior to 1959, inventories held by construction establishments are included in line 23. In 1959, the change in business inventories for construction establishments was $329 million. 75 SURVEY OF CURRENT BUSINESS July Table 5.9.—Change in Business Inventories by Industry in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1980 1979 1977 1981 I II 18.4 13.3 0.1 0.0 0.1 19.2 10.0 17.3 18.4 13.3 15.1 3.7 0.8 2.9 6.3 3.5 2.8 1.4 1.9 -0.5 4.3 3.9 0.3 6.5 5.7 0.8 6.6 5.7 0.9 5.4 5.3 0.1 3.4 1.4 2.0 3.6 1.9 1.7 5.2 2.4 2.8 4.6 3.2 1.5 6.9 4.9 1.9 3.3 2.7 0.6 0.6 1.3 0.7 4.6 3.1 1.4 1.5 1.2 0.3 2.5 1.2 1.3 3.0 1.7 1.3 4.7 2.2 2.5 4.2 2.9 1.3 7.3 4.6 2.7 2.9 2.2 0.7 01 0.8 -0.9 4.0 2.9 1.1 02 -0.1 -0.1 0.0 0.0 0.0 0.9 0.1 0.7 0.6 0.2 0.4 0.5 0.2 0.3 0.5 0.3 0.2 -0.4 0.3 07 0.4 0.4 01 0.7 0.5 0.2 0.5 0.2 0.3 -1.3 0.4 -0.9 -3.0 3.0 0.0 3.1 1.2 1.8 3.9 2.3 1.6 4.1 1.5 2.6 5.1 3.2 1.9 4.1 1.9 2.1 5.6 2.7 2.8 3.8 0.0 3.8 3.0 1.0 2.0 4.5 4.2 0.3 0.2 0.1 0.3 -1.0 -1.0 0.0 -0.2 -0.5 0.2 2.1 07 2.7 2.8 2.9 -0.1 2.6 0.8 1.8 0.0 05 0.4 0.5 1.5 -1.0 4.8 2.8 2.0 3.0 1.9 1.1 0.6 0.2 0.4 10.5 13.8 2.1 2.1 0.5 -0.5 9.6 13.6 16.0 4.9 2.9 6.8 10.9 14.2 4 5 6 3.8 2.0 1.7 3.2 1.8 1.4 5.7 5.2 0.6 5.2 5.6 -0.4 0.9 1.0 -0.1 2.6 1.9 0.7 1.6 1.1 0.4 7 8 9 3.3 2.0 1.3 4.2 2.2 2.0 3.8 3.0 0.8 1.2 0.9 0.3 0.3 0.4 0.1 1.5 1.2 0.3 Merchant wholesalers Durable goods Nondurable goods 10 11 12 3.1 1.9 1.3 3.6 2.0 1.6 3.5 2.6 0.9 0.9 0.6 0.3 0.5 0.6 0.1 Nonnierchant wholesalers Durable goods Nondurable goods 13 14 15 0.1 0.1 0.0 0.6 0.2 0.4 0.3 0.4 01 0.3 0.3 0.0 16 17 18 3.0 1.7 1.3 4.3 2.2 2.1 4.2 2.0 2.3 19 20 21 -0.4 -0.3 0.0 1.9 0.7 1.2 2.2 1.6 0.6 Nonfarm 3 Manufacturing Durable goods ... Nondurable goods . . .. Wholesale trade Durable goods Nondurable goods Retail trade Durable goods Nondurable goods .. Other .. .. . Durable goods * l Nondurable goods .. . ... ...... IV III 0.0 9.0 2.4 7.8 -1.9 II 17.3 7.3 0.0 1 2 I 0.1 16.0 ... , IV 10.1 -5.0 13.3 -0.3 Change in business inventories Farm 1978 HI 18.7 -0.4 15.2 Seasonally adjusted at annual rates 1979 Line II I 1980 III IV I II 1 12.9 13.7 4.8 23 -2.6 2 2.1 2.3 3.1 2.1 -0.7 -2.4 3 10.8 11.5 1.6 -4.4 -1.9 -0.1 4 .... 5 6 8.0 8.2 0.1 5.9 5.7 0.2 4.1 3.8 0.3 2.6 4.7 -2.1 6.4 2.9 3.5 7 8 9 2.9 2.3 0.7 0.4 -0.4 0.8 2.2 2.5 0.3 -0.8 -0.8 0.0 10 11 12 2.8 1.4 1.4 0.1 -0.6 0.7 1.5 2.1 -0.6 13 14 15 0.2 0.9 -0.7 0.3 0.1 0.2 Retail trade Durable goods Nondurable goods 16 17 18 -0.7 1.5 2.3 Other Durable goods * Nondurable goods 1 19 20 21 0.6 -0.2 0.8 Chan e in business inventories Farm .... Nonfarm Manufacturing Durable goods Nondurable goods Wholesale trade Durable goods Nondurable goods , Merchant wholesalers Durable goods Nonmerchant wholesalers Durable goods Nondurable goods 1 . , 1981 III 25 IV I II 1982 III IV I II 2.4 12.1 16.5 4.8 15 4 -2.5 0.4 1,9 3.0 3.2 0.2 -5.7 -3.7 2.0 10,2 13.6 1.6 -15.6 6.6 3.4 3.1 0.3 -4.7 18 28 -1.5 -0.1 -1.3 4.2 2.3 1.9 2.1 1.8 0.3 7.6 6.5 1.0 -3.6 3.1 -0.5 -8.1 6.5 -1.6 -4.6 24 -2.2 03 -0.5 0.2 1.2 1.7 05 0.4 -0.7 1.0 -0.2 1.1 -1.2 -1.5 -1.0 05 1.8 2.0 02 1.1 1.4 03 4.5 2.3 2.2 -4.5 -2.7 19 -1.2 11 -0.1 10 07 -0.3 -0.8 02 06 1.4 1.9 -0.5 1.2 -0.5 1.7 0.2 1.1 -0.9 -2.1 10 -1.1 2.1 2.0 0.1 1.0 0.9 0.0 4.8 2.7 2.1 -3.4 20 -1.4 -0.4 -0.8 0.4 0.7 0.4 0.3 0.2 -0.1 0.3 0.5 -0.3 0.8 01 -0.1 0.0 -0.8 -0.1 -0.7 -0.3 0.0 -0.3 0.6 0.0 0.6 03 0.0 -0.3 0.1 0.5 -0.3 03 -0.4 0.1 11 -0.7 0.5 -0.8 -0.2 06 4.5 4.2 0.2 -4.1 -3.2 1.0 -4.6 -4.1 06 75 -6.3 12 -1.9 -2.9 1.1 -0.7 -2.5 1.7 -2.0 -0.3 17 -0.9 -2.1 1.2 7.0 5.5 1.6 5.5 1.9 3.5 0.6 -0.4 1.0 -4.0 -4.2 0.2 -1.0 0.6 -1.5 0.7 0.5 0.1 05 0.8 -1.3 -1.7 -0.9 -0.8 05 -0.8 0.4 29 31 0.2 -0.7 -1.2 0.5 0.0 1.1 12 0.1 0.8 -0.6 -0.8 02 0.6 06 -1,2 0.7 0.2 -1.2 1.4 1.0 -0.3 1.4 0.2 0.0 0.2 85 28 62 -6.9 0.3 Prior to 1959, inventories held by construction establishments are included in line 21. In 1959, the constant dollar change in business inventories for construction establishments was $.4 tillion. Table 5.10.—Inventories and Final Sales of Business [Billions of dollars] Seasonally adjusted quarterly totals 1977 Line I Inventories 1.... 1 488.1 1979 1978 II III IV 494.7 505.6 519.5 I 541.3 I 1981 1980 II III IV 1982 II III IV II III IV 562.7 579.4 602.3 631.2 657.1 680.0 705.0 724.1 737.2 757.3 776.0 791.6 804.2 814.3 822.4 809.7 80.7 81.7 81.3 81.9 79.0 81.1 86.2 86.9 85.9 86.5 81.5 81.8 84.5 87.0 I II III IV I I II 811.4 Farm 2 62.5 59.3 57.0 59.9 66.4 70.1 70.8 73.9 Nonfarm Durable goods 2., 2 , Nondurable goods 3 4 5 425.6 242.9 182.7 435.5 249.8 185.7 448.7 258.3 190.3 459.6 264.6 195.0 474.9 275.5 199.4 492.5 286.5 206.0 508.6 297.0 211.6 528.3 309.8 218.6 550.5 324.6 225.9 575.4 337.0 238.5 598.7 348.8 249.9 623.1 362.2 261.0 645.1 369.5 275.6 656.1 372.6 283.5 671.1 378.8 292.3 689.1 389.9 299.2 705.7 395.1 310.6 717.7 406.3 311.5 732.8 418.5 314.2 740.5 421.8 318.8 725.2 412.3 312.9 724.3 412.9 311.4 Manufacturing Durable goods Nondurable goods 6 7 8 211.2 134.4 76.8 215.5 137.5 77.9 220.6 141.3 79.3 224.7 144.0 80.6 230.4 148.3 82.1 237.4 153.7 83.7 245.3 159.4 85.8 254.2 166.0 88.3 266.6 175.4 91.2 279.1 182.5 96.6 291.8 189.9 101.9 306.6 200.0 106.6 321.0 206.9 114.1 328.1 210.0 118.2 333.2 213.5 119.7 342.6 218.9 123.8 352.6 223.0 129.6 357.2 227.6 129.6 365.1 235.8 129.3 366.4 236.8 129.6 358.1 231.4 126.7 356.2 231.2 125.0 Wholesale trade Durable goods Nondurable goods 9 10 11 90.6 56.7 34.0 92.1 58.2 33.9 95.1 60.4 34.7 98.7 62.6 36.1 103.6 66.1 37.6 107.0 68.6 38.4 109.7 70.7 39.1 114.6 73.6 41.0 119.4 76.6 42.8 124.4 78.4 46.0 130.4 81.9 48.6 135.7 84.6 51.1 140.5 86.5 54.0 144.0 88.7 55.2 148.5 90.9 57.6 153.0 94.4 58.7 156.5 95.4 61.0 158.1 98.2 59.8 159.5 100.7 58.8 163.0 103.0 60.0 158.4 101.5 56.9 158.6 101.6 57.1 Merchant wholesalers Durable goods Nondurable goods 12 13 14 72.9 47.0 25.9 73.8 48.2 25.5 76.2 50.2 26.1 79.3 52.1 27.3 84.5 55.2 29.3 87.4 57.3 30.2 89.3 58.9 30.4 93.1 61.4 31.7 97.1 63.6 33.5 100.6 65.0 35.6 104.5 67.9 36.7 107.8 70.0 37.8 110.4 71.8 38.7 113.7 74.0 39.7 118.5 75.9 42.6 122.3 79.0 43.3 123.3 80.0 43.3 126.0 82.6 43.5 127.4 84.6 42.8 130.8 86.9 43.9 128.5 85.9 42.6 129.8 86.0 43.8 Nonmerchant wholesalers Durable goods Nondurable goods... 15 16 17 17.7 9.7 8.1 18.3 10.0 8.4 18.9 10.3 8.6 19.4 10.5 8.8 19.1 10.9 8.2 19.6 11.3 8.3 20.5 11.8 8.7 21.4 12.2 9.3 22.2 13.0 9.3 23.8 13.3 10.4 25.9 14.0 •11.9 27.8 14.5 13.3 30.0 14.7 15.3 30.3 14.7 15.5 30.0 15.0 14.9 30.7 15.3 15.4 33.2 15.5 17.7 32.0 15.7 16.3 32.1 16.2 16.0 32.2 16.1 16.1 29.9 15.6 14.3 28.8 15.5 13.3 18 19 20 85.9 40.9 45.0 88.3 41.8 46.4 91.1 43.6 47.6 93.7 44.8 48.9 97.6 46.9 50.7 101.7 48.4 53.3 104.7 49.8 54.9 109.0 52.5 56.5 111.7 54.5 57.2 116.3 57.4 58.9 118.2 57.5 60.7 121.0 58.5 62.6 121.3 57.1 64.2 122.4 56.3 66.2 126.1 57.2 68.9 127.7 58.4 69.3 129.0 57.8 71.3 134.2 61.3 72.9 139.1 63.6 75.5 140.7 64.1 76.6 137.6 61.8 75.8 138.1 62.4 75.7 Retail trade Durable goods Nondurable goods , ... ..... . 21 37.8 39.7 41.9 42.5 43.2 46.5 48.9 50.6 52.8 55.6 58.3 59.8 62.2 61.5 63.4 65.7 67.6 68.3 69.1 70.5 71.1 71.4 22 23 127,5 81.8 131.8 85.0 135.4 86.9 138.9 89.1 140.8 89.5 149.1 96.1 154.2 99.6 159.5 103.2 163.7 105.7 166.1 106.8 172.6 111.6 176.9 113.8 182.0 116.8 181.2 113.9 188.2 118.5 194.9 123.3 201.8 128.3 203.3 128.1 208.5 130.6 210.4 130.7 213.8 132.2 216.1 132.9 Inventories to final sales 24 Nonfarm inventories to final sales .... 25 Nonfarm inventories to final sales 26 of goods and structures. 3.83 3.34 5.20 3.75 3.30 5.13 3.73 3.31 5.16 3.74 3.31 5.16 3.84 3.37 5.31 3.77 3.30 5.13 3.76 3.30 5.11 3.78 3.31 5.12 3.86 3.36 5.21 3.96 3.46 5.39 3.94 3.47 5.37 3.99 3.52 5.47 3.98 3.54 5.52 4.07 3.62 5.76 4.02 3.57 5.67 3.98 3.54 5.59 3.92 3.50 5.50 3.96 3.53 5.60 3.91 3.51 5.61 3.91 3.52 5.67 3.79 3.39 5.48 3.75 3.35 5.45 Other Final sales 3 Final sales of goods and structures. Ratio of inventories to final sales 1 Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories calculated from current-dollar inventories in this table is not the current-dollar change in business inventories (CBI) component of GNP. The former is the difference between two inventory stocks, each valued at their respective end-of-quarter prices. The latter is the change in the physical volume of inventories valued at average prices of the quarter. In addition, changes calculated from this table are at quarterly rates, whereas CBI is stated at annual rates. 2 Prior to 1959, inventories held by construction establishments are included in line 5. In 1959, the value of inventories held by construction establishments was $2.6 billion. 3 Quarterly totals at monthly rates. Business final sales equals final sales less gross product of households and institutions, government, and rest of the world, and includes a small amount of final sales by farms. C-4 vT I Table 5.11.—-Inventories and Final Sales of Business in Constant Dollars [Billions of 1972 dollars] Seasonally adjusted quarterly totals 1977 Line I 1 1979 1978 II III IV I II III IV I III IV I 1982 1981 1980 II II III IV I II III IV I II 1 309.6 313.1 317.8 320.3 324.6 329.2 332.5 336.3 339.5 343.0 344.2 343.6 342.9 342.3 340.2 338.6 339.2 342.3 346.4 347.6 343.7 Farm. 2 41.0 40.9 40.8 40.8 40.8 40.8 40.8 40.8 41.3 41.9 42.7 43.2 43.0 42.4 41.7 41.1 41.2 41.7 42.4 43.2 43.3 43.2 Nonfarm Durable goods 2 2 Nondurable goods 3 4 5 268.6 159.4 109.2 272.2 161.2 111.0 277.0 163.7 113.3 279.5 165.3 114.2 283.8 168.6 115.2 288.4 171.4 117.1 291.7 173.8 117.9 295.5 177.0 118.5 298.2 180.0 118.2 301.1 182.5 118.6 301.5 183.5 118.0 300.4 183.2 117.2 299.9 182.0 117.9 299.9 181.7 118.1 298.4 180.2 118.3 297.5 180.6 116.9 298.0 180.7 117.4 300.6 182.9 117.6 304.0 185.1 118.9 304.4 184.5 119.9 300.5 181.0 119.4 298.8 180.3 118.5 Manufacturing Durable goods Nondurable goods 6 7 8 131.3 86.6 44.7 132.2 86.8 45.4 133.7 87.6 46.1 134.1 88.1 46.0 135.2 89.1 46.1 136.8 90.5 46.3 138.5 91.9 46.5 139.8 93.3 46.5 141.8 95.3 46.5 143.3 96.7 46.6 144.3 97.7 46.7 145.0 98.8 46.1 146.6 99.6 47.0 147.4 100.4 47.1 146.3 99.9 46.4 145.9 99.9 46.0 146.9 100.5 46.5 147.5 100.9 46.6 149.4 102.5 46.8 148.4 101.8 46.7 146.4 100.1 46.3 145.3 99.5 45.7 Wholesale trade Durable goods Nondurable goods 9 10 11 56.3 37.1 19.3 57.2 37.6 19.7 58.5 38.2 20.4 59.7 39.0 20.7 61.4 40.2 21.2 62.2 40.9 21.4 62.4 41.2 21.2 63.5 42.0 21.5 64.3 42.5 21.7 64.4 42.4 21.9 64.9 43.1 21.8 64.7 42.9 21.8 64.6 42.8 21.9 64.9 43.2 21.7 65.0 43.0 22.0 65.0 43.3 21.7 64.6 43.1 21.6 65.1 43.6 21.5 65.4 43.9 21.4 66.5 44.5 22.0 65.3 43.8 21.5 65.0 43.5 21.5 12 13 14 46.1 30.8 15.3 46.8 31.2 15.6 48.0 31.8 16.2 49.0 32.5 16.5 50.8 33.6 17.2 51.6 34.2 17.4 51.5 34.4 17.1 52.5 35.1 17.4 53.2 35.5 17.8 53.3 35.3 17.9 53.6 35.9 17.8 53.4 35.7 17.7 53.2 35.6 17.5 53.5 36.1 17.4 53.8 36.0 17.9 53.9 36.3 17.6 53.4 36.0 17.3 53.9 36.5 17.4 54.1 36.7 17.4 55.3 37.4 17.9 54.5 36.9 17.6 54.4 36.7 17.7 15 16 17 10.3 6.3 4.0 10.4 6.4 4.1 10.6 6.4 4.1 10.7 6.5 4.2 10.6 6.6 4.0 10.7 6.7 4.0 10.9 6.8 4.1 11.0 6.9 4.1 11.0 7.1 3.9 11.1 7.1 4.0 11.3 7.2 4.1 11.3 7.2 4.1 11.5 7.1 4.3 11.4 7.1 4.3 11.2 7.1 4.2 11.1 7.1 4.1 11.3 7.1 4.2 11.2 7.0 4.2 11.2 7.2 4.1 11.1 7.1 4.1 10.9 6.9 4.0 10.7 6.8 3.8 Retail trade . Durable goods Nondurable goods 18 19 20 59.8 28.9 30.9 60.8 29.2 31.6 62.1 30.0 32.0 63.1 30.5 32.6 64.5 31.2 33.3 65.4 31.2 34.2 66.2 31.4 34.7 67.3 32.5 34.8 67.1 32.9 34.3 68.3 33.9 34.3 67.2 33.1 34.1 66.1 32.1 33.9 64.2 30.5 33.7 63.7 29.8 33.9 63.5 29.2 34.3 63.0 29.1 33.9 62.8 28.6 34.2 64.6 30.0 34.6 65.9 30.4 35.5 66.1 30.3 35.7 65.1 29.3 35.8 64.8 29.4 35.4 Other 21 Inventories Merchant wholesalers . Durable goods Nondurable goods ... Nonmerchant wholesalers Durable goods Nondurable goods 342.0 21.3 22.0 22.6 22.6 22.8 24.0 24.7 24.9 25.0 25.2 25.0 24.6 24.5 23.8 23.6 23.6 23.6 23.4 23.3 23.4 23.6 23.7 22 23 93.9 60.2 95.4 61.4 96.7 62.1 97.6 62.7 97.5 62.1 100.6 64.8 101.7 65.7 103.0 66.7 103.3 66.5 102.8 65.7 104.6 67.3 105.4 67.7 105.8 67.8 102.7 64.5 103.7 65.2 105.0 66.5 106.4 67.7 105.2 66.4 105.5 66.4 104.6 65.6 105.0 65.8 104.7 65.4 Inventories to final sales . 24 Nonfarm inventories to final sales .... 25 Nonfarm inventories to final sales 26 of goods and structures. 3.30 2.86 4.46 3.28 2.85 4.43 3.29 2.87 4.46 3.28 2.86 4.46 3.33 2.91 4.57 3.27 2.87 4.45 3.27 2.87 4.44 3.27 2.87 4.43 3.29 2.89 4.49 3.34 2.93 4.58 3.29 2.88 4.48 3.26 2.85 4.44 3.24 2.84 4.42 3.33 2.92 4.65 3.28 2.88 4.58 3.22 2.83 4.48 3.19 2.80 4.40 3.25 2.86 4.53 3.28 2.88 4.58 3.32 2.91 4.64 3.27 2.86 4.57 3.27 2.85 4.57 Final sales 3 Final sales of goods and structures. Ratio of inventories to final sales 1 2 3 Inventories are as of the end of the quarter. Quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the constant-dollar change in business inventories component of GNP is stated at annual rates. Prior to 1959, inventories held by construction establishments are included in line 5. In 1959, the constant-dollar value of inventories held by construction establishments was $3.4 billion. Quarterly totals at monthly rates. Business final sales equals final sales less gross product of households and institutions, government, and rest of the world, and includes a small amount of final sales by farms. 78 SURVEY OF CURRENT BUSINESS July 6. Product, Income, and Employment by Industry Table 6.1.—Gross National Product by Industry [Billions of dollars] Line Gross national product Domestic industries (gross domestic product) 1977 1976 1980 1979 1978 1981 1 1,718.0 1,918.3 2,163.9 2,417.8 2,633.1 2,937.7 2 1,697.5 1,894.9 2,134.3 2,375.2 2,587.0 2,888.5 2,553.8 3 1,472.0 1,656.3 1,877.7 2,097.0 2,276.3 Agriculture, forestry, and fisheries Farms ... Agricultural services, forestry, and fisheries 4 5 6 51.2 459 5.3 54.6 484 6.2 66.0 587 7.2 79.6 71.6 8.0 74.1 65.4 8.7 85.6 75.8 9.8 Mining 7 430 474 520 668 941 127.2 Construction 8 76.6 86.6 102.1 115.7 121.2 127.2 Manufacturing Durable goods Nondurable goods 9 10 11 4104 240.0 1704 4648 277.7 187.1 5187 316.7 2020 5632 344.3 218.9 581.2 347.8 233.4 644.0 388.4 255.6 Transportation and public utilities Transportation Communication Electric gas and sanitary services 12 13 14 15 1526 63.2 45.1 443 170.9 71.6 49.5 49.8 193.3 82.1 55.8 553 209.6 91.5 60.5 576 232.4 99.2 68.0 65.2 261.9 107.6 77.9 76.4 Wholesale trade 16 1259 138.6 156.5 176.9 189.2 212.2 Private industries Retail trade 17 1655 183.7 205.8 2246 236.5 260.5 Finance insurance and real estate Finance and insurance Real estate 18 19 20 238.6 64.1 174.5 275.5 77.2 198.4 317.4 93.4 224.0 3583 105.0 253.3 405.2 116.1 289.1 448.2 124.3 324.0 Services 21 208.2 234.3 265.9 302.4 342.5 386.9 22 220.4 237.2 259.1 279.6 306.8 336.7 23 24 1946 25.8 2103 26.8 2293 29.8 2474 32.2 272.8 34.0 299.7 37.0 Government and government enterprises Government Government enterprises Statistical discrepancy Rest of the world 25 51 14 26 15 3.9 — 1.9 26 20.5 23.5 29.6 42.6 46.1 49.2 Table 6.2.—Gross National Product by Industry in Constant Dollars [Billions of 1972 dollars] Line 1977 1976 1980 1979 1978 1981 1 1,298.2 1,369.7 1,438.6 1,479.4 1,474.0 1,502.6 2 1,282.6 1,352.8 1,418.7 1,453.2 1,447.9 1,477.2 3 1,113.3 1,178.3 1,243.8 1,288.0 1,276.0 1,309.8 Agriculture, forestry, and fisheries Farms Agricultural services, forestry, and fisheries 4 5 6 35.8 321 3.7 36.9 331 3.8 37.0 32.6 4.4 38.9 34.2 4.7 39.1 34.2 4.8 43.4 38.4 5.0 Mining 7 191 195 20 1 208 21.6 22.3 Construction 8 52.8 55.0 58.8 58.2 53.3 52.0 Manufacturing Durable goods Nondurable goods 9 10 11 3174 1872 1301 339.2 2029 1363 357.2 2174 1398 367.0 223.4 1436 351.2 210.0 141.2 359.2 215.3 143.9 Transportation and public utilities Transportation Communication Electric gas and sanitary services 12 13 14 15 1186 485 389 312 125.1 51.2 416 323 134.2 55.0 457 335 140.0 56.3 490 347 140.8 52.3 53.4 35.1 142.1 50.5 56.3 35.3 Wholesale trade 16 912 96.0 103.2 1065 102.9 108.4 Retail trade 17 129.0 135.0 141.4 144.2 140.3 142.1 Finance, insurance, and real estate Finance and insurance . . . Real estate 18 19 20 194.8 541 1407 207.2 563 1509 217.8 592 1586 229.4 616 167 7 237.9 63.6 1743 243.6 65.4 1782 Services 21 1547 1643 1742 1830 1890 1967 22 165.7 167.5 171.7 174.3 177.3 178.1 23 24 1463 19.4 1477 19.8 151 2 20.6 1530 212 1554 22.0 1560 22.0 -1.8 — 0.9 Gross national product Domestic industries (gross domestic product) Private industries Government and government enterprises Government Government enterprises Statistical discrepancy 25 3.8 1.0 — 1.0 2.2 Residual l 26 —0.2 6.0 4.9 — 8.1 — 7.7 27 15.6 16.9 19.9 26.3 26.1 Rest of the world 1 Equals GNP in constant dollars measured as the sum of incomes less GNP in constant dollars measured as the sum of gross product by industry. -9.7 25.4 79 SURVEY OF CURRENT BUSINESS July Table 6.3B.—National Income Without Capital Consumption Adjustment by Industry [Millions of dollars] Line National income without capital consumption adjustment., Domestic industries. Private industries Agriculture, forestry, and fisheries Farms Agricultural services, forestry, and fisheries Mining Metal mining . Coal mining.... Oil and gas extraction Nonmetallic minerals, except fuels 1976 1977 1979 1978 1981 1980 1,412,999 1,585,984 1,802,038 2,015,769 2,174,247 2,410,617 2 1,392,519 1,562,520 1,772,435 1,973,197 2,128,174 2,361,437 2,025,449 3 1,174,798 1,327,601 1,516,239 1,696,137 1,822,017 4 40,832 44,065 55,278 65,822 58,455 68,708 5 6 36,470 4,362 39,040 5,025 49,383 5,895 59,296 6,526 51,549 6,906 61,067 7,641 7 20,915 22,780 24,189 37,383 44,933 8 9 10 11 1,776 6,178 10,678 2,283 1,728 6,769 11,707 2,576 1,985 7,116 12,025 3,063 2,759 8,382 15,674 3,274 3,067 9,531 21,001 3,784 3,535 9,655 27,968 3,775 113,351 Construction..... 12 68,697 77,933 92,093 104,262 108,454 Manufacturing 13 366,612 413,163 464,702 508,887 525,575 580,780 14 15 16 17 18 19 20 21 22 23 24 25 216,731 11,162 5,380 11,874 26,266 27,882 41,731 30,743 27,360 17,654 10,564 6,115 249,728 13,334 6,158 13,404 285,718 15,797 7,280 15,710 34,401 35,825 56,075 41,450 35,146 22,796 13,966 7,272 310,587 17,046 7,727 17,104 38,428 39,917 63,790 45,004 32,424 26,259 15,317 7,571 309,418 15,246 7,791 16,457 38,434 40,819 67,572 48,413 19,568 29,666 17,564 7,888 344,789 15,068 8,405 16,885 43,251 44,751 75,681 53,571 25,365 32,548 20,121 9,143 26 27 28 29 30 31 32 33 34 35 36 149,881 31,197 2,605 10,780 12,385 14,184 18,627 28,648 18,686 9,923 2,846 163,435 33,515 2,851 12,294 13,684 15,489 21,151 30,760 18,543 12,298 2,850 178,984 35,366 3,428 12,801 14,764 17,165 23,732 198,300 235,991 46,794 5,114 14,549 17,058 21,238 30,684 42,652 21,268 13,877 3,203 13,673 15,284 19,285 26,010 35,451 28,298 15,098 3,262 216,157 41,384 4,401 13,599 15,761 19,666 28,247 37,749 15,151 3,805 18,024 4,069 Durable goods Lumber and wood products Furniture and fixtures Stone, clay, and glass products Primary metal industries Fabricated metal products Machinery, except electrical Electric and electronic equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries , Nondurable goods Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products.. Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastic products Leather and leather products Transportation and public utilities 31,543 48,967 35,933 33,324 19,557 12,178 6,862 37 111,121 126,106 143,482 154,899 171,095 190,891 Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air Pipelines, except natural gas Transportation services 38 39 40 41 42 43 44 45 52,863 11,913 3,129 21,728 3,821 60,334 13,126 3,396 25,238 4,160 10,338 992 68,529 14,253 3,536 29,203 4,652 11,941 1,291 3,653 75,739 15,937 3,841 32,046 5,384 12,518 1,745 4,268 81,174 16,789 4,291 33,512 6,148 13,730 1,919 4,785 86,985 18,127 4,475 35,903 6,854 14,404 1,987 5,235 Communication , Telephone and telegraph Radio and television broadcasting 46 47 48 30,847 27,367 3,480 34,460 30,332 4,128 39,923 35,237 4,686 43,367 38,315 5,052 48,884 43,240 5,644 55,337 49,139 6,198 Electric, gas, and sanitary services 2,472 49 27,411 31,312 35,793 41,037 50 87,582 97,819 109,779 126,333 137,350 Retail trade 51 127,676 140,943 157,595 170,262 178,263 197,459 Finance, insurance, and real estate 52 162,678 192,650 261,597 295,501 324,201 53 54 55 56 57 58 59 21,764 1,538 5,061 15,850 8,007 109,996 462 25,930 1,396 4,881 22,413 9,620 128,244 166 3,930 6,061 26,276 10,466 149,517 34 39,629 4,650 6,804 26,978 11,151 172,749 -364 44,354 3,183 8,773 29,092 12,476 198,300 -677 48,518 1,270 11,693 29,749 13,754 221,221 -2,004 Wholesale trade Banking Credit agencies other than banks Security, commodity brokers,and services Insurance carriers ... Insurance agents, brokers, and services Real estate Holding and other investment companies Services Hotels and other lodging places Personal services Business services Auto repair, services, and garages Miscellaneous repair services Motion pictures Amusement and recreation servces Health services Legal services Educational services Social services and membership organizations Social services , Membership organizations Miscellaneous professional services Private households Government and government enterprises Federal Government Government enterprises State and local Government Government enterprises Rest of the world , 155,768 60 188,685 212,142 240,698 273,986 309,941 349,358 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 8,049 9,399 27,770 7,022 3,943 2,472 5,933 60,818 12,710 11,444 16,791 5,459 11,332 16,980 10,442 32,767 8,107 4,491 2,978 6,773 67,981 14,406 11,740 18,105 5,972 12,133 12,623 12,454 46,527 10,425 5,811 4,106 8,120 86,109 18,443 14,029 22,434 8,286 14,148 26,444 6,461 14,203 13,360 53,859 11,013 6,739 4,272 8,524 99,249 21,347 5,930 10,893 11,629 38,460 9,487 5,237 3,755 7,406 75,952 16,058 12,665 20,409 7,204 13,205 22,501 6,246 25,102 9,518 15,584 30,300 6,585 16,302 14,342 61,861 12,099 7,494 4,758 9,582 114,021 23,376 17,000 27,359 10,699 16,660 34,127 7,037 76 217,721 234,919 256,196 277,060 306,157 335,988 77 78 79 80 81 82 76,322 62,378 13,944 141,399 132,250 9,149 81,158 66,342 14,816 153,761 143,995 9,766 87,787 71,727 16,060 168,409 157,553 10,856 93,301 75,672 17,629 183,759 171,772 11,987 102,677 82,879 19,798 203,480 189,929 13,551 113,597 92,313 21,284 222,391 207,392 14,999 83 20,480 23,464 29,603 42,572 46,073 49,180 SURVEY OF CURRENT BUSINESS 80 July Table 6.4.—National Income Without Capital Consumption Adjustment by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 1976 1977 1978 1980 1979 1981 1977 I II 1978 III IV I II III IV 1 1,413.0 1,586.0 1,802.0 2,015.8 2,174.2 2,410.6 1,505.6 1,563.4 1,619.1 1,655.8 1,691.0 1,777.4 1,835.7 1,904.1 2 1,392.5 1,562.5 1,772.4 1,973.2 2,128.2 2,361.4 1,482.4 1,539.9 1,594.6 1,633.1 1,662.1 1,751.4 1,806.2 1,870.0 3 1,174.8 1,327.6 1,516.2 1,696.1 1,822.0 2,025.4 1,254.5 1,308.4 1,358.4 1,389.1 1,413.2 1,498.6 1,548.4 1,604.8 4 5 6 40.8 20.9 68.7 44.1 22.8 77.9 55.3 24.2 92.1 65.8 30.1 104.3 58.5 37.4 108.5 68.7 44.9 113.4 43.0 22.1 72.6 40.9 23.9 77.7 43.0 23.2 79.6 49.3 22.0 81.9 49.8 18.4 83.5 54.4 25.7 91.5 56.1 25.3 95.5 60.9 27.3 97.8 7 8 9 366.6 216.7 149.9 413.2 249.7 163.4 464.7 285.7 179.0 508.9 310.6 198.3 525.6 309.4 216.2 580.8 344.8 236.0 388.8 233.8 155.0 409.0 246.0 163.0 422.8 254.8 168.0 432.0 264.3 167.7 433.0 264.4 168.7 461.1 283.2 177.9 474.2 291.9 182.3 490.4 303.4 187.0 Transportation and public utilities Transportation Communication Electric gas and sanitary services 10 11 12 13 111.1 52.9 30.8 27.4 126.1 60.3 34.5 31.3 143.5 68.5 39.9 35.0 154.9 75.7 43.4 35.8 171.1 81.2 48.9 41.0 190.9 87.0 55.3 48.6 119.0 56.6 32.4 30.0 123.9 59.7 34.2 30.0 129.6 62.2 34.5 32.8 131.9 62.9 36.7 32.4 134.6 62.0 38.5 34.1 142.5 68.9 39.4 34.2 145.9 70.3 40.7 34.9 151.0 73.0 41.1 36.9 Wholesale trade Retail trade Finance insurance and real estate Services 14 15 16 17 87.6 127.7 162.7 188.7 97.8 140.9 192.7 212.1 109.8 157.6 228.4 240.7 126.3 170.3 261.6 274.0 137.4 178.3 295.5 309.9 155.8 197.5 324.2 349.4 91.2 133.7 181.5 202.6 98.6 138.3 188.6 207.5 103.5 144.6 196.4 215.7 97.9 147.1 204.1 222.9 102.1 150.3 211.3 230.1 108.1 155.9 222.1 237.3 112.9 159.1 235.0 244.3 116.1 165.0 245.2 251.1 18 217.7 234.9 256.2 277.1 306.2 336.0 227.9 231.5 236.2 244.1 248.9 252.8 257.9 265.2 19 20.5 23.5 29.6 42.6 46.1 49.2 23.2 23.5 24.5 22.7 28.9 25.9 29.5 34.1 National income without capital consumption adjustment. Domestic industries Private industries . Agriculture forestry and Mining Construction. . Manufacturing. . Durable goods Nondurable goods fisheries . . .. Government and government enterprises Rest of the world Seasonally adjusted at annual rates Line National income without capital consumption adjustment. 1 1979 1980 1982 1981 I II III IV I II III IV I II III IV I 1,953.6 1,988.9 2,043.8 2,076.7 2,133.0 2,123.6 2,181.9 2,258.6 2,351.6 2,382.8 2,446.0 2,462.1 2,447.6 Domestic industries 2 1,917.1 1,948.8 1,997.2 2,029.7 2,084.3 2,076.8 2,136.0 2,215.7 2,304.6 2,336.1 2,396.3 2,408.8 2,401.7 Private industries 3 1,647.9 1,675.6 1,718.9 1,742.2 1,789.9 1,775.0 1,828.0 1,895.2 1,977.6 2,004.3 2,059.0 2,060.9 2,048.6 Agriculture, forestry, and fisheries Mining Construction 4 5 6 64.7 27.1 99.0 68.5 29.0 103.0 65.0 31.6 106.8 65.1 32.7 108.3 59.4 35.5 110.6 54.3 36.4 105.8 60.1 37.3 106.4 60.0 40.4 110.9 64.0 42.8 114.9 66.5 40.9 112.3 72.7 47.0 112.8 71.6 49.0 113.4 66.1 49.3 112.9 Manufacturing Durable goods Nondurable goods 7 8 9 508.3 314.9 193.5 506.1 312.1 194.0 512.0 310.4 201.7 509.1 305.1 204.0 530.8 313.1 217.7 506.9 294.6 212.3 519.3 304.1 215.2 545.3 325.9 219.4 570.4 340.8 229.6 584.1 352.3 231.8 595.4 349.3 246.1 573.1 336.7 236.4 555.2 323.1 232.1 Transportation and public utilities Transportation Communication Electric, gas, and sanitary services 10 11 12 13 151.9 73.9 41.5 36.5 152.7 74.3 42.8 35.6 156.1 76.4 44.3 35.4 158.9 78.4 44.9 35.6 165.6 80.5 46.6 38.5 165.3 77.7 46.2 41.4 176.2 81.6 50.1 44.4 177.3 84.8 52.6 39.8 185.8 87.4 53.3 45.1 186.1 86.4 53.0 46.8 193.9 87.6 56.8 49.6 197.7 86.5 58.3 52.8 198.5 85.3 59.3 53.8 14 15 . . . . 16 17 118.8 167.5 250.4 260.2 125.0 169.1 255.2 267.0 130.3 172.0 265.9 279.2 131.3 172.5 274.9 289.5 133.6 171.9 285.2 297.3 138.0 174.3 289.2 304.7 135.4 181.6 297.6 314.1 142.4 185.2 310.0 323.7 151.6 193.2 318.3 336.6 152.7 196.0 320.8 344.8 156.0 201.6 326.2 353.4 162.9 199.1 331.5 362.7 157.3 203.6 336.4 369.3 18 269.2 273.2 278.3 287.5 294.3 301.8 308.0 320.5 326.9 331.9 337.3 347.9 353.2 19 36.5 40.2 46.6 47.0 48.7 46.8 45.9 42.9 47.1 46.6 49.7 53.3 45.8 Wholesale trade Retail trade Finance, insurance, and real estate Services Government and government enterprises Rest of the world II 48.2 81 SURVEY OF CURRENT BUSINESS July Table 6.5B.—Compensation of Employees by Industry [Millions of dollars] Line Compensation of employees 1976 1977 1978 1979 1 1,036,334 1,152,061 1,301,081 1,458,139 Domestic industries ....2 1,036,349 1,152,101 1,301,155 1,458,176 Private industries.. 3 818,628 917,182 1,044,959 1,181,116 Agriculture, forestry, and fisheries Farms . Agricultural services, forestry, and fisheries . Mining; 1981 1980 1,598,627 1,767,602 1,292,538 1,431,651 1,767,639 4 10,328 11,445 12,719 14,501 16,110 17,428 5 6 7,555 2,773 8,423 3,022 8,977 3,742 10,112 4,389 11,153 4,957 11,906 5,522 7 14,484 16,733 19,471 23,174 27,998 34,101 8 9 10 11 1,780 4,800 6,152 1,752 1,920 5,448 7,420 1,945 2,191 5,861 9,205 2,214 2,637 6,997 11,036 2,504 2,925 7,576 14,829 7,504 20,415 Construction 12 54,882 60,958 Manufacturing 13 286,056 Durable goods Lumber and wood products Furniture and fixtures . Stone, clay, and glass products... Primary metal industries Fabricated metal products Machinery, except electrical Electric and electronic equipment..... Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries 14 15 16 17 18 19 20 21 22 23 24 25 180,253 8,168 4,769 9,679 22,960 23,445 34,700 26,612 19,381 17,013 8,699 4,827 205,648 9,600 5,423 10,959 Nondurable goods Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastic products Leather and leather products 26 27 28 29 30 31 32 33 34 35 36 105,803 1,119 9,248 10,934 10,909 14,907 19,285 5,022 8,748 2,342 117,239 25,535 1,197 9,980 11,642 12,192 16,566 21,570 5,630 10,502 2,425 Metal mining....... Coal mining Oil and gas extraction Nonmetallic minerals, except fuels ..; 26,443 29,828 23,624 19,176 10,043 5,280 3,431 2,751 91,510 71,546 82,594 365,055 408,660 435,734 477,796 235,157 11,023 6,193 12,563 29,261 29,925 45,621 34,571 26,376 22,356 11,420 5,848 12,114 6,758 13,928 32,956 33,506 53,383 39,490 28,056 26,309 13,087 6,356 281,127 11,751 6,968 14,303 33,160 34,860 58,724 43,811 25,535 30,292 15,083 6,640 308,804 12,564 7,543 15,176 36,266 37,965 64,546 48,491 28,771 154,607 33,180 1,767 11,960 14,179 16,208 22,909 29,406 8,229 13,841 168,992 35,590 2,070 12,679 15,264 17,660 25,189 32,349 9,314 15,600 3,277 27,976 1,401 10,840 12,829 13,498 18,481 142,717 30,594 1,518 6,425 11,928 2,640 11,528 13,425 14,965 20,594 26,595 7,250 13,501 2,747 17,184 7,018 37 81,147 90,846 103,322 116,309 126,796 139,233 Transportation.... Railroad transportation Local and interurban passenger transit Trucking and warehousing . Water transportation Transportation by air Pipelines, except natural gas , Transportation services 38 39 40 41 42 43 44 45 45,317 11,049 2,678 18,082 3,287 7,921 355 1,945 51,057 12,173 2,830 20,774 3,598 9,094 390 2,198 58,057 65,331 15,027 24,081 4,188 10,459 446 2,612 26,691 4,647 12,052 69,720 15,470 3,705 27,560 5,234 13,591 637 3,523 74,628 15,797 3,987 29,538 5,766 14,818 686 4,036 Communication Telephone and telegraph Radio and television broadcasting..... 46 47 48 22,050 19,637 2,413 24,509 21,764 2,745 28,005 24,834 3,171 31,789 28,186 3,603 35,458 31,422 40,157 35,621 4,536 Electric, gas, and sanitary services 49 13,780 15,280 17,260 19,189 21,618 24,448 50 67,844 75,281 85,782 97,967 108,499 120,664 Retail trade.... 51 102,296 112,957 127,341 140,094 150,250 162,432 Finance, insurance, and real estate 52 55,487 71,765 81,632 93,286 105,844 53 54 55 56 57 58 59 16,236 5,427 4,105 15,420 4,650 8,308 1,341 17,869 6,170 4,524 17,132 5,505 9,588 1,589 20,142 7,214 5,195 19,397 6,528 11,325 1,964 22,776 26,074 21,616 7,549 13,113 8,099 24,172 8,538 14,435 29,547 10,361 10,314 26,617 9,483 16,138 3,384 60 146,104 163,698 187,958 216,185 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 6,491 6,191 22,471 4,645 2,686 2,134 5,007 46,756 5,057 10,943 16,752 5,368 11,384 11,617 5,354 7,128 6,759 25,856 5,276 3,015 2,419 5,546 53,258 5,893 11,240 18,112 5,897 12,215 13,266 5,930 8,319 7,506 6,278 3,545 2,770 6,264 60,720 6,928 12,110 20,463 7,127 13,336 15,872 6,246 6,461 4,730 3,506 7,993 81,318 10,035 14,764 25,231 9,402 15,829 22,006 6,585 76 217,721 234,919 256,196 277,060 306,157 77 78 79 80 81 82 83 84 85 86 76,322 62,378 37,969 24,409 13,944 141,399 132,250 72,352 81,158* 66,342 41,034 9,149 14,816 153,761 143,995 78,478 65,517 9,766 87,787 71,727 44,950 26,777 16,060 168,409 157,553 85,050 72,503 10,856 93,301 75,672 47,523 28,149 17,629 183,759 171,772 92,654 79,118 11,987 102,677 82,879 51,794 31,085 19,798 203,480 189,929 101,980 87,949 13,551 87 -15 -40 -74 -37 88 89 55,629 778,537 60,547 872,794 67,792 995,106 75,599 1,125,021 Transportation and public utilities Wholesale trade Banking ; Credit agencies other than banks Security, commodity brokers,and services Insurance carriers Insurance agents, brokers, and services Real estate Holding and other investment companies Services Hotels and other lodging places Personal services Business services. Auto repair, services, and garages Miscellaneous repair services..... Motion pictures Amusement and recreation services Health services Legal services Educational services Social services and membership organizations Social services.. Membership organizations Miscellaneous professional services Private households Government and government enterprises Federal Government Civilian 1 Military Government enterprises State and local Government Education Other Government enterprises Rest of the world 62,377 3,313 541 3,060 8,241 6,018 2,319 8,221 37,358 7,261 4,224 3,283 7,072 69,565 8,297 13,462 22,524 8,181 14,343 18,881 9,187 2,781 247,473 10,857 8,865 43,882 7,701 282,643 12,346 9,594 51,028 8,361 5,232 3,919 8,786 94,682 12,210 16,333 27,566 10,572 16,994 25,549 7,037 113,597 92,313 55,956 36,357 21,284 222,391 207,392 111,743 95,649 14,999, -37 Addenda: Households and institutions Nonfarm business 1 Includes Coast Guard. 85,420 1,229,314 96,387 1,359,641 82 SURVEY OF CURRENT BUSINESS July Table 6.6B.—Wages and Salaries by Industry [Millions of dollars] Line Wages and salaries..,. , , Domestic industries.... „......,.., 1 , Private industries Agriculture, forestry, and fisheries Farms...... , Agricultural services, forestry, and fisheries Mining , Metal mining..... Coal mining ................ ,..,,,,,.,..., Oil and gas extraction Nonmetallic minerals, except fuels Construction 1977 1976 ,..,....,...,.„ 1980 1979 1981 983,159 1,106,480 1,237,436 1,356,084 1,493,964 2 889,940 983,199 1,106,554 1,237,473 1,356,152 1,494,001 3 701,256 780,835 1,001,469 1,096,004 1,210,895 4 9,196 10,186 11,237 12,775 14,203 15,323 5 6 6,742 2,454 7,499 2,687 7,917 3,320 8,902 3,873 9,818 4,385 10,444 4,879 7 12,172 13,991 16,373 19,550 23,718 29,037 8 9 10 11 1,459 3,814 5,386 1,513 1,554 6,471 1,668 1,769 4,633 8,073 1,898 2,134 5,585 9,676 2,155 2,369 6,034 13,021 2,294 5,966 17,917 2,363 62,604 72,195 75,657 80,091 333,880 354,430 386,370 227,687 248,596 10,289 6,278 12,260 28,056 30,688 53,214 40,121 20,795 26,624 14,373 4,298 .. 12 48,463 53,495 13 237,423 265,956 14 ,..,......, 15 16 17 18 19 20 21 22 23 24 25 148,379 6,917 4,098 8,058 18,118 19,481 29,024 22,195 15,165 13,771 7,401 4,151 168,277 4,973 216,466 10,012 5,676 11,369 25,982 27,283 44,261 33,041 21,451 20,967 11,046 5,378 26 27 28 29 30 31 32 33 34 35 36 89,044 19,610 839 8,073 9,550 9,167 13,008 16,100 3,485 7,188 2,024 97,679 21,171 883 8,634 10,060 10,182 14,288 17,911 3,887 8,599 2,064 107,436 23,075 975 9,295 11,011 11,219 15,863 19,718 4,328 9,721 2,231 117,414 25,100 1,088 9,853 11,542 12,379 17,646 21,772 4,729 10,985 2,320 126,743 27,138 37 66,093 73,657 83,572 38 39 40 41 42 43 44 45 37,987 8,994 2,396 15,305 2,830 6,494 42,540 9,819 2,520 17,493 3,129 7,345 350 1,884 Communication .., Telephone and telegraph Radio and television broadcasting 46 47 48 16,944 14,797 18,801 16,382 2,419 Electric, gas, and sanitary services........ Manufacturing , 1978 , , . Durable goods Lumber and wood products Furniture and fixtures Stone, clay, and glass products. Primary metal industries , Fabricated metal products Machinery, except electrical Electric and electronic equipment , Motor vehicles and equipment , Other transportation equipment Instruments and related products..... Miscellaneous manufacturing industries , Nondurable goods Food and kindred products........ Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products , Petroleum and coal products... Rubber and miscellaneous plastics products Leather and leather products , , Transportation and public utilities Transportation..... , Railroad transportation , Local and interurban passenger transit Trucking and warehousing. Water transportation Transportation by air , Pipelines, except natural gas Transportation services . 321 1,647 2,147 7,981 4,584 9,016 20,433 21,773 25,107 18,351 15,134 8,548 4,514 191,798 9,106 5,208 10,302 23,056 24,508 37,975 29,012 20,458 17,557 9,643 9,671 5,830 11,621 25,810 28,325 48,608 36,579 18,814 24,139 12,681 5,609 2,791 137,774 28,992 1,258 1,469 10,198 12,136 13,378 19,576 24,075 5,323 11,202 2,459 10,750 13,004 14,505 21,432 26,305 6,020 12,556 94,400 103,124 113,065 48,300 10,690 2,692 20,235 3,671 8,397 395 2,220 54,462 12,195 2,942 22,438 4,034 9,763 58,314 12,637 23,214 4,560 11,019 62,324 12,822 3,544 24,863 5,022 12,020 489 2,601 577 617 3,006 3,436 21,455 18,670 2,785 24,498 21,327 27,390 23,835 3,555 31,047 27,059 3,171 3,301 2,741 49 11,162 12,316 13,817 15,440 17,420 19,694 Wholesale trade 50 59,783 66,091 75,031 85,710 95,060 105,511 Retail trade 51 90,704 99,717 112,088 123,241 Finance, insurance, and real estate... 52 46,883 52,353 60,004 68,544 78,513 89,070 53 54 55 56 57 58 59 13,121 4,597 3,665 13,005 16,064 6,094 4,654 16,069 5,573 9,962 1,588 18,282 7,040 5,395 17,974 6,502 11,493 20,991 7,866 23,796 8,859 4,015 7,351 1,129 14,323 5,212 4,046 14,291 4,696 8,457 1,328 Banking.......... Credit agencies other than banks Security, commodity brokers?and services Insurance carriers Insurance agents, brokers, and services Real estate. Holding and other investment companies ....,„..., Services..... Hotels and other lodging places , Personal services , , Business services Auto repair, services, and garages Miscellaneous repair services Motion pictures Amusement and recreation services Health services. Legal services.. Educational services Social services and membership organizations Social services , Membership organizations Miscellaneous professional services., Private households Government and government enterprises Federal Government , Civilian 1 ; Military Government enterprises.... State and local ,. Government..... Education Other Government enterprises Rest of the world 1 , Includes Coast Guard. , ..' , , 142,821 7,291 9,291 22,118 1,858 20,103 7,365 12,669 2,228 8,167 14,141 60 130,539 145,389 166,685 191,174 219,001 249,607 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 5,720 5,628 19,936 7,412 9,538 8,003 33,005 6,464 3,675 2,879 6,885 4,134 10,853 8,639 45,156 7,455 4,563 15,621 5,009 10,612 10,494 5,270 7,271 6,786 27,348 5,606 3,090 2,449 5,506 52,607 6,128 10,594 18,896 6,577 12,319 14,257 6,147 8,393 4,424 40,790 4,499 6,244 6,112 22,855 4,713 2,619 2,133 4,860 46,050 5,222 9,976 16,807 5,481 11,326 11,953 5,845 13,246 16,931 6,353 3,073 6,985 70,313 8,840 12,868 23,232 8,648 14,584 19,775 6,475 7,674 81,768 10,748 14,169 25,334 9,693 15,641 22,915 6,902 4,151 2,347 1,888 9,771 6,165 60,072 7,291 11,776 20,758 7,512 3,431 76 188,684 202,364 219,726 236,004 260,148 283,106 77 78 79 80 83 82 83 84 85 86 67,713 55,852 32,375 23,477 11,861 120,971 113,027 61,177 51,850 7,944 71,692 59,182 34,879 24,303 12,510 130,672 122,239 65,756 56,483 77,535 63,975 82,054 67,231 40,271 25,686 13,560 142,191 132,868 70,785 62,083 90,173 73,470 43,684 29,786 16,703 169,975 158,457 83,955 74,502 11,518 99,236 81,442 46,697 34,745 17,794 183,870 171,244 91,034 80,210 12,626 87 -15 -40 -74 14,823 153,950 143,744 76,595 67,149 10,206 -37 -37 83 SURVEY OF CURRENT BUSINESS July Table 6.7B.—Full-Time and Part-Time Employees by Industry [Thousands] Line Full-time and part-time employees......... 1976 1977 1978 1980 1979 1981 1 86,681 89,630 93,832 96,795 97,116 98,092 Domestic industries 2 86,702 89,650 93,856 96,815 97,135 98,109 Private industries 3 68,411 71,178 74,977 77,669 77,593 78,593 4 1,755 1,691 1,683 1,714 1,765 1,770 5 6 1,421 334 1,337 354 1,270 413 1,274 440 1,308 457 1,295 475 1.......... 7 777 822 877 948 1,034 1,138 93 229 339 116 92 240 373 117 93 235 427 122 100 255 467 126 100 251 558 125 105 228 687 118 Agriculture, forestry, and fisheries Farms...... Agricultural services, forestry, and fisheries Mining Metal mining Coal mining , Oil and gas extraction Nonmetallic minerals, except fuels..... , ,., , 8 9 10 11 ,„.., Construction 12 3,614 3,881 4,295 4,543 4,326 4,185 13 19,023 19,734 20,592 21,100 20,337 20,244 14 15 16 17 18 19 20 21 22 23 24 25 11,093 11,631 12,210 12,157 728 468 669 1,186 1,577 2,178 1,876 952 935 619 443 12,329 763 497 703 1,221 1,666 2,336 2,020 1,008 1,004 655 456 12,801 682 447 647 1,154 1,513 773 496 713 1,253 1,712 695 457 666 1,151 1,614 682 463 643 1,129 1,597 2,503 2,485 2,487 2,126 1,000 1,084 690 451 2,107 798 1,106 707 424 2,105 798 1,119 725 26 27 28 29 30 31 32 33 34 35 36 7,930 8,103 1,711 70 911 1,321 692 1,145 1,080 200 716 257 8,299 1,730 69 907 1,339 700 1,196 1,102 205 757 258 8,127 1,712 68 850 1,267 691 1,258 1,115 203 727 236 8,087 1,685 72 916 1,326 673 1,101 1,049 194 649 265 37 4,568 4,699 4,919 5,126 5,130 5,160 38 39 40 41 42 43 44 45 2,665 2,760 2,899 3,009 2,952 528 262 1,148 193 371 18 145 528 259 1,217 194 386 18 158 523 260 1,300 210 409 20 177 535 267 1,342 209 444 20 192 512 269 1,279 211 457 22 202 2,918 477 269 1,263 219 458 22 210 Communication..,. Telephone and telegraph.....,, Radio and television broadcasting.. 46 47 48 1,168 1,007 161 1,190 1,021 1,242 1,061 181 1,311 1,122 189 1,354 1,155 199 1,393 1,184 209 Electric, gas, and sanitary services.,.. 49 735 749 778 806 824 849 50 4,568 4,737 5,002 5,235 5,282 5,394 Manufacturing ..„...,...„..,.. Durable goods Lumber and wood products , Furniture and fixtures Stone, clay, and glass products , Primary metal industries , Fabricated metal products Machinery, except electrical Electric and electronic equipment Motor vehicles and equipment Other transportation equipment ,. Instruments and related products Miscellaneous manufacturing industries......... , , ....„,..,.., Nondurable goods... Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products..... Paper and allied products.. Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastic products Leather and leather products Transportation and public utilities....... Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing.... Water transportation ....„..„ Transportation by air Pipelines, except natural gas Transportation services Wholesale trade....... Retail trade... , , , , Finance, insurance, and real estate....,...,. Banking Credit agencies other than banks Security, commodity brokers, and services Insurance carriers , Insurance agents, brokers, and services Real estate........... .„....„.. , , Holding and other investment companies Services , ...„ , , ..,., Hotels and other lodging places Personal services , Business services.., „ Auto repair, services, and garages..., Miscellaneous repair services Motion pictures , Amusement and recreation services Health services Legal services .................. Educational services.......... Social services and membership organizations......... Social services.... ..,., Membership organizations Miscellaneous professional services Private households Government and government enterprises Federal .,., Government , Civilian 1 , Military .......,., Government enterprises State and local Government Education , Other , Government enterprises Rest of the world 1 r Includes Coast Guard. , , ,.. ,....„..., , , 2,078 1,779 877 908 575 433 1,736 69 889 1,303 707 1,239 1,117 207 785 247 1,681 69 824 1,250 686 1,272 1,112 214 736 243 51 13,284 13,887 14,666 15,063 15,061 15,203 52 4,381 4,575 4,839 5,100 5,276 5,442 ,. 53 54 55 56 57 58 59 1,311 451 177 1,116 353 891 82 1,359 478 183 1,155 377 935 1,424 523 189 1,205 407 996 95 1,505 557 202 1,248 436 1,048 104 1,576 571 225 1,276 454 1,067 107 1,632 591 260 1,292 469 1,087 111 60 16,441 17,152 18,104 18,840 19,382 20,057 61 62 63 64 65 66 67 ,. 68 69 70 71 72 73 74 75 950 848 2,189 470 232 205 642 971 870 1,072 904 504 245 210 674 1,029 890 2,641 557 266 213 711 586 288 222 740 1,102 902 3,091 574 293 222 769 4,546 4,795 5,023 5,290 397 1,179 428 1,219 2,397 2,435 2,556 817 1,580 758 1,862 859 1,576 812 1,936 971 1,585 900 1,899 461 1,271 2,631 1,038 1,593 983 1,753 497 1,302 2,713 1,104 1,609 1,029 1,598 76 18,291 18,472 18,879 19,146 19,542 19,516 77 78 79 80 81 82 83 84 85 86 5,922 5,069 2,074 2,995 5,861 5,019 5,869 5,022 5,867 5,004 5,996 5,126 2,082 2,937 2,108 2,914 847 2,114 2,207 5,991 5,120 2,118 2,919 870 3,002 863 13,279 12,546 6,795 13,546 12,788 6,955 5,833 13,525 12,768 7,006 5,762 87 4,327 369 1,192 2,373 2,906 2,890 853 842 12,369 11,693 6,430 5,263 12,611 11,932 6,564 5,368 13,010 12,299 676 679 711 5,751 733 -21 -20 -24 -20 6,691 5,608 1,143 915 3,254 576 298 223 781 5,569 534 1,318 2,759 1,147 1,612 1,081 1,606 871 758 757 -19 -17 84 SURVEY OF CURRENT BUSINESS July l Table 6.8B.—Full-Time Equivalent Employees by Industry [Thousands] Line Full-time equivalent employees Domestic industries Private industries.... Agriculture, forestry, and fisheries Farms Agricultural services, forestry, and fisheries Mining ,. Metal mining.... Coal mining . Oil and gas extraction Nonmetallic minerals, except fuels 1977 1976 1978 1979 1981 1980 1 76,667 79,267 83,181 2 76,688 79,287 83,205 3 61,238 63,709 67,268 69,867 4 1,534 1,477 1,469 1,500 1,538 1,550 5 6 1,248 286 1,174 303 1,115 354 1,119 381 1,149 389 1,137 413 7 759 804 861 927 1,012 1,113 8 9 10 11 93 224 329 113 92 235 363 114 93 231 417 120 100 250 454 123 100 246 544 122 105 224 669 115 85,938 85,881 86,753 85,900 86,770 70,510 Construction 12 3,403 3,655 4,066 4,301 4,074 3,931 Manufacturing 13 18,497 19,180 20,018 20,530 19,719 19,666 Durable goods Lumber and wood products Furniture and fixtures Stone, clay, and glass products..., Primary metal industries Fabricated metal products Machinery, except electrical Electric and electronic equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries 14 15 16 17 18 19 20 21 22 23 24 25 10,894 655 432 633 1,137 1,488 2,048 1,753 871 902 565 410 11,416 695 452 653 1,175 1,547 2,148 1,853 941 924 607 421 12,099 732 479 690 1,210 1,631 2,304 1,991 996 992 642 432 12,566 744 480 700 1,241 1,675 2,462 2,100 988 1,071 678 427 11,954 658 439 650 1,134 1,579 2,444 2,076 787 1,093 695 399 11,918 643 446 631 1,110 1,562 2,451 2,074 790 1,108 713 390 Nondurable goods Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastic products Leather and leather products 26 27 28 29 30 31 32 33 34 35 36 7,603 1,611 70 887 1,252 662 997 1,039 193 637 255 7,764 1,632 68 887 1,250 679 1,035 1,067 198 702 246 7,919 1,655 67 881 1,268 690 1,080 1,089 203 739 247 7,964 1,660 1,237 697 1,129 1,104 205 766 234 7,765 1,625 67 819 1,200 681 1,137 1,099 202 708 227 7,748 1,606 68 794 1,186 678 1,151 1,098 213 722 232 Transportation and public utilities 37 4,378 4,494 4,690 4,902 4,903 4,918 Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air Pipelines, except natural gas Transportation services 38 39 40 41 42 43 44 45 2,561 524 240 1,107 182 352 18 138 2,647 523 238 1,171 182 365 18 150 2,771 519 237 1,246 197 385 20 167 2,885 530 244 1,292 197 420 20 182 2,827 506 246 1,231 198 432 22 192 2,786 469 245 1,213 205 433 22 199 Communication Telephone and telegraph Radio and television broadcasting 46 47 48 1,108 963 145 1,126 974 152 1,170 1,008 162 1,241 1,071 170 1,281 1,102 179 1,315 1,127 188 Electric, gas, and sanitary services 49 709 721 749 776 795 817 50 4,369 4,532 4,775 5,008 5,051 5,168 11,232 11,916 12,204 12,083 12,176 4,530 4,772 4,949 5,117 Wholesale trade Retail trade . Finance, insurance, and real estate : Banking Credit agencies other than banks Security, commodity brokers, and services Insurance carriers Insurance agents, brokers/and services Real estate Holding and other investment companies Services Hotels and other lodging places Personal services Business services Auto repair, services, and garages Miscellaneous repair services..... Motion pictures Amusement and recreation services Health services , Legal services Educational services Social services and membership organizations Social services.... Membership organizations Miscellaneous professional services Private households Government and government enterprises Federal Government Civilian 2 Military . Government enterprises State and local Government Education Other Government enterprises Rest of the world 1 j 51 10,744 52 4,117 53 54 55 56 57 58 59 1,255 431 168 1,066 337 782 78 1,297 456 173 1,099 359 821 1,359 499 179 1,147 387 868 91 1,436 531 191 1,187 415 913 99 1,507 545 213 1,217 433 932 102 1,564 566 247 1,235 448 951 106 16,871 60 13,437 14,046 14,943 15,723 16,266 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 843 708 1,936 432 211 155 490 1,045 1,875 690 1,185 694 814 861 734 2,098 463 223 159 516 4,103 362 1,034 1,897 714 1,183 742 854 913 750 2,344 513 242 161 552 4,315 393 1,069 2,010 812 1,198 828 853 956 763 2,589 543 264 169 578 4,522 423 1,113 2,091 876 1,215 909 982 753 2,746 530 268 168 602 4,761 457 1,145 2,155 930 1,225 944 755 1,020 771 2,910 535 274, 170 610 5,020 492 1,152 2,183 %2 1,221 994 740 76 15,450 15,578 15,937 16,091 16,305 16,260 77 78 79 80 81 82 83 84 85 86 5,056 4,243 1,990 2,253 813 10,394 9,749 5,082 4,667 645 5,037 4,232 1,993 2,239805 10,541 9,891 5,162 4,729 650 5,054 4,241 2,021 2,220 813 10,883 10,203 5,286 4,917 680 5,034 4,209 2,020 2,189 825 11,057 10,357 5,354 5,003 700 5,102 4,269 2,056 2,213 833 11,203 10,481 5,440 5,041 722 5,106 4,277 2,026 2,251 829 11,154 10,434 5,470 4,964 720 87 -21 -20 -24 -20 -19 -17 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 conversion is made by multiplying the number of employees on part-time schedules by the ratio of average weekly hours per employee on part-time schedules to average weekly hours per employee on full-time schedules in each industry. 2 Includes Coast Guard. 85 SURVEY OF CURRENT BUSINESS July Table 6.9B.—Wages and Salaries per Full-Time Equivalent Employee by Industry [Dollars] Line 1976 1978 1977 Wages and salaries per full-time equiva- 1 lent employee. 11,608 12,403 13,302 2 11,605 12,401 3 11,451 12,256 Domestic industries .. Private industries 1980 1979 1981 17,221 14,399 15,790 13,299 14,396 15,788 17,218 13,184 14,334 15,748 17,173 4 5,995 6896 7,649 8,517 9,235 9,886 5 Farms Agricultural services, forestry, and fisheries- 6 5,402 8,580 6,388 8,868 7,100 9,379 7,955 10,165 8,545 11,272 9,186 11,814 7 16037 17402 19,016 21,090 23,437 26,089 8 9 10 11 15688 17027 16,371 13,389 16891 18,289 17,826 14,632 19,022 20,056 19,360 15,817 21340 22340 21,313 17,520 23690 24,528 23,936 18,803 26,581 26,634 26,782 20,548 Construction 12 14,241 14,636 15,397 16,786 18,571 20,374 Manufacturing 13 12,836 13,866 14,948 16,263 17,974 19,647 Durable goods , Lumber and wood products Furniture and fixtures Stone clay and glass products Primary metal industries Fabricated metal products Machinery except electrical ... Electric and electronic equipment Motor vehicles and equipment Other transportation equipment. Instruments and related products Miscellaneous manufacturing industries 14 15 16 17 18 19 20 21 22 23 24 25 13,620 10,560 9,486 12730 15,935 13092 14,172 12,661 17411 15,267 13099 10,124 14,740 11,483 10,142 13,807 17,390 14074 15,287 13,549 19502 16,379 14082 10,722 15,852 12,440 10,873 14,930 19,055 15,026 16,482 14,572 20540 17,699 15020 11,512 17,226 13,457 11825 16,241 20,936 16288 17,978 15,734 21712 19577 16292 12,595 19,047 14,698 13280 17 878 22,760 17939 19889 17,620 23906 22,085 18246 14,058 20,859 16,002 14 076 19,429 25,276 19647 21711 19,345 26323 24,029 20158 15,123 Nondurable goods. Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products . . Printing and publishing Chemicals and allied products ... Petroleum and coal products Rubber and miscellaneous plastic products. Leather and leather products 26 27 28 29 30 31 32 33 34 35 11,712 12173 11,986 9 101 7,628 13,847 13,047 15,496 18057 11,284 12,581 12972 12,985 9734 8,048 14996 13,805 16,786 19631 12,249 13,567 13943 14,552 10551 8,684 16,259 14,688 18 107 21320 13,154 14,743 15120 16,000 11404 9,331 17760 15,630 19 721 23068 14,341 16,322 16700 18,776 12452 10,113 19645 17,217 21906 26351 15,822 17,782 18052 21,603 13539 10,965 21394 18,620 23957 28263 17,391 Agriculture forestry and fisheries Mining Metal mining Coal mining Oil and gas extraction.. .... . Nonmetallic minerals, except fuels 36 7937 8390 9,032 9915 10,833 11,815 37 15,097 16,390 17,819 19,257 21,033 22,990 ., 38 39 40 41 42 43 44 45 14833 17 164 9,983 13826 15,549 18449 17833 11935 16 071 18774 10,588 14939 17,192 20 123 19444 12560 17,431 20597 11,359 16240 18,635 21 810 19750 13293 18,878 23009 12,057 17367 20,477 23245 24450 14291 20,628 24,974 13,419 18858 23,030 25,507 26227 15656 22,370 27,339 14,465 20,497 24,498 27760 28045 17,266 . . . . 46 47 48 15292 15,366 14807 16697 16,819 15914 18338 18,522 17,191 19741 19,913 18653 21382 21,629 19,860 23,610 24,010 21,213 Transportation and public utilities Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air Pipelines except natural gas Transportation services Communication ........... ... .. Telephone and telegraph Radio and television broadcasting 49 15743 17082 18447 19897 21912 24 105 Wholesale trade 50 13,683 14,583 15,713 17,115 18,820 20,416 Retail trade 51 8,442 8,878 9,407 10,098 10,949 11,730 Finance, insurance, and real estate 52 11,388 12,206 13,246 14,364 15,864 17,407 53 54 55 56 57 58 59 10455 10,666 21,815 12200 11,914 9400 14,474 11043 11,430 23,387 13004 13,081 10301 15,810 11820 12 212 26,000 14010 14^401 11477 17,451 12731 13,258 28,246 15142 15,667 12588 18,768 13929 14433 34,230 16518 17,009 13593 21,843 15215 15'652 37,615 17909 18,230 14870 25,453 60 9 715 10351 11 155 12159 13464 14795 61 62 63 64 65 66 67 68 69 70 71 6,785 7949 10298 9609 11,123 12181 9029 10,464 13390 9,350 8,331 7,252 8327 10894 10179 11,744 13415 9419 11,223 14425 9,648 8,860 7,964 9048 11667 10928 12,769 15211 9975 12,192 15593 9,910 9,401 8779 9714 12748 11 904 13,920 17036 10666 13,284 17236 10,580 9,927 9713 10628 14 159 12991 15425 18292 11 603 14769 19344 11,238 10,781 10640 11205 15518 13935 16653 20182 12 580 16288 21846 12,299 11,605 72 73 74 75 7259 8,955 15,121 6,474 7676 9,574 16109 6,844 8,100 10,283 17,219 7,206 8,575 10,902 18,626 7,912 9299 11,905 20,948 8,576 10076 12,810 23053 9,327 76 12,213 12,990 13,787 14,667 15,955 17,411 77 78 79 80 81 82 83 84 85 86 •to OOQ 14,233 13,984 17,501 10,854 15,540 12,397 12,359 12,738 11,944 12,974 15,341 15,085 18,946 11,570 16,679 13,065 13,022 13,391 12,626 13,710 16,300 15,973 19,936 12,316 17,967 13,923 13,879 14,306 13,422 14,580 17,674 17,210 21,247 13,460 20,052 15,172 15,119 15,433 14,779 15,953 19,435 19,042 23,049 15,435 21,464 16,485 16,412 16,642 16,158 17,536 Electric gas, and sanitary services Banking Credit agencies other than banks Security, commodity brokers, and services Insurance carriers., , Insurance agents, brokers, and services Real estate Holding and other investment companies Services ... Hotels and other lodging places Personal services Business services . . Auto repair services and garages Miscellaneous repair services Motion pictures ... Amusement and recreation services Health services Legal services . Educational services Social services and membership organizations. Social services Membership organizations Miscellaneous professional services Private households Government and government enterprises Federal Civilian l Military Government enterprises State and local Government Education Other Government enterprises Rest of the world 1 Includes Coast Guard. ..... , 87 13,163 16,269 10,420 14,589 11,639 11,594 12,038 11 110 12,316 86 SURVEY OF CURRENT BUSINESS July Table 6.1 OB.—Self-Employed Persons by Industry [Thousands] Line Self-employed persons l.... ,.,.....,... Agriculture, forestry, and fisheries,, „ Farms , Agricultural services, forestry, and fisheries Mining Construction , , , , , , ,..,...... 1976 1977 1978 1980 1979 1981 ,..,.,.. 1 7,392 7,669 8,063 8,394 8,665 8,759 2 3 4 1,670 1,494 176 1,607 1,435 172 1,663 1,458 205 1,642 1,425 217 1,689 1,465 224 1,684 1,462 222 5 24 20 21 21 26 6 876 951 1,099 1,164 1,186 1,166 7 8 9 286 178 108 307 197 110 327 204 123 344 212 132 363 221 142 366 221 145 Transportation and public utilities 10 219 220 247 277 282 Wholesale trade......... 11 278 254 246 279 294 297 Retail trade.... 12 1,508 1,531 1,590. 1,628 1,612 Manufacturing Durable goods Nondurable goods..., Finance, insurance, and real estate Services 1 , ., ,.., 1,409 13 323 342 405 449 463 456 14 2,307 2,460 2,524 2,628 2,732 2,854 Consists of active proprietors or partners who devote a majority of their working hours to their unincorporated businesses. 87 SURVEY OF CURRENT BUSINESS July Table 6.1 IB.—Persons Engaged in Production by Industry [Thousands] Line Persons engaged in production.......... 1977 1976 1979 1978 1981 1980 1 84,059 86,936 91,244 94,332 94,546 95,512 Domestic industries 2 84,080 86,956 91,268 94,352 94,565 95,529 Private industries 3 68,630 71,378 75,331 78,261 78,260 79,269 4 3,204 3,084 3,132 3,142 3,227 3,234 Farms ,...,,...,,..... ..„....„,..„ , 5 Agricultural services, forestry, and fisheries.. 6 2,742 2,609 2,573 2,544 462 475 559 598 2,614 613 2,599 635 7 783 824 882 948 1,040 1,139 8 9 10 11 94 225 347 117 93 237 377 117 94 232 432 124 101 252 468 127 101 247 564 128 106 225 690 118 Agriculture, forestry, and fisheries Mining „ Metal mining , Coal mining Oil and gas extraction , Nonmetallic minerals, except fuels , Construction 12 4,279 4,606 5,165 5,465 5,260 5,097 Manufacturing 13 18,783 19,487 20,345 20,874 20,082 20,032 14 15 16 17 18 19 20 21 22 23 24 25 11,072 11,613 12,303 770 12,778 12,175 729 438 645 1,139 1,506 810 490 701 1,214 1,646 829 487 715 1,244 1,693 752 450 665 1,136 1,594 2,330 2,499 1,998 997 997 645 475 2,103 989 1,076 2,485 2,083 12,139 728 460 644 1,113 1,576 2,486 2,082 792 1,114 718 426 Nondurable goods.. 26 Food and kindred products 27 Tobacco manufactures...... 28 Textile mill products 29 Apparel and other textile products.... 30 Paper and allied products 31 Printing and publishing '.. 32 Chemicals and allied products 33 Petroleum and coal products.... 34 Rubber and miscellaneous plastic prod- 35 ucts. Leather and leather products..,......, 36 7,711 1,640 70 892 1,271 664 1,042 1,041 193 641 7,874 8,042 8,096 7,907 1,657 68 891 1,268 681 1,085 1,069 198 706 1,683 67 892 1,285 692 1,132 1,091 203 743 1,687 1,650 68 825 1,222 682 1,212 1,104 202 714 Durable goods Lumber and wood products Furniture and fixtures Stone, clay, and glass products Primary metal industries Fabricated metal products Machinery, except electrical... Electric and electronic equipment....... Motor vehicles and equipment..... Other transportation equipment...... Instruments and related products........ Miscellaneous manufacturing industries 2,079 1,756 872 906 1,178 1,563 2,173 1,858 943 930 610 453 1,256 698 1,194 1,107 205 773 787 1,100 698 425 7,893 1,633 68 801 1,204 678 1,230 1,101 213 730 257 251 254 239 228 235 37 4,597 4,714 4,937 5,179 5,185 5,216 Transportation..... Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air Pipelines, except natural gas Transportation services 38 39 40 41 42 43 44 45 2,774 2,861 1,341 186 369 18 158 3,011 519 269 1,432 200 389 20 182 3,146 530 280 1,494 203 424 20 195 506 290 1,434 201 439 22 204 3,065 469 289 1,425 209 441 22 210 Communication , Telephone and telegraph. , Radio and television broadcasting 46 47 48 1,109 964 145 1,128 975 153 1,172 1,009 163 1,245 1,073 172 1,285 1,104 181 1,321 1,130 191 Electric, gas, and sanitary services 49 714 725 754 788 50 4,647 4,786 5,021 5,287 5,345 5,465 Retail trade 51 12,153 12,740 13,447 13,794 13,711 13,788 Finance, insurance, and real estate 52 4,440 4,631 4,935 5,221 5,412 5,573 Banking 53 Credit agencies other than banks.. 54 Security, commodity brokers, and services 55 Insurance carriers , 56 Insurance agents, brokers, and services ,. 57 Real estate 58 Holding and other investment companies 59 1,255 431 190 1,066 429 991 78 1,297 457 199 1,099 447 1,047 85 1,359 501 207 1,147 496 1,133 92 1,436 532 219 1,187 525 1,222 100 1,508 546 249 1,217 541 1,248 103 1,565 568 281 1,235 583 1,233 108 60 15,744 16,506 17,467 18,351 18,998 19,725 61 62 63 64 65 66 67 68 69 70 71 1,100 1,167 2,144 635 390 217 541 4,219 498 1,185 1,898 1,162 1,195 2,319 675 413 231 569 1,194 1,225 1,224 1,260 2,590 2,857 1,305 1,274 3,236 813 506 264 675 5,362 684 1,307 2,217 72 73 74 75 1,200 936 814 76 77 78 79 80 81 82 83 84 85 86 Transportation and public utilities Wholesale trade Services Hotels and other lodging places Personal services...... Business services Auto repair, services, and garages Miscellaneous repair services. Motion pictures Amusement and recreation services Health services Legal services... Educational services Social services and membership organizations. Social services Membership organizations Miscellaneous professional services Private households Government and government enterprises.... Federal Government Civilian Military2 Government enterprises State and local Government Education... , Other... Government enterprises Rest of the world 1 Equals 2 , 87 524 274 1,270 186 357 18 145 2,035 615 1,251 2,124 1,252 1,270 3,046 786 461 243 665 5,116 643 1,285 2,192 719 1,197 1,009 854 821 1,214 1,114 853 887 1,237 1,207 803 940 1,252 1,284 755 1,248 1,342 740 15,450 15,578 15,937 16,091 16,305 16,260 5,056 4,243 5,037 4,232 5,054 5,034 4,209 2,020 5,102 4,269 2,056 2,213 833 11,203 10,481 5,440 5,041 722 5,106 4,277 2,026 2,251 829 11,154 10,434 5,470 4,964 720 -19 -17 1,990 4,432 542 1,189 1,916 1,993 2,253 2,239 813 805 10,394 9,749 5,082 4,667 10,541 645 -21 733 428 239 604 4,662 577 1,213 4,241 2,021 2,220 813 9,891 5,162 10,883 10,203 5,286 4,729 650 4,917 680 -20 -24 784 467 250 631 4,878 2,189 825 11,057 10,357 5,354 5,003 700 the number of full-time equivalent employees (table 6.8.) plus the number of self-employed persons (table 6.10.). Unpaid family workers are not included. Includes Coast Guard. 830 SURVEY OF CURRENT BUSINESS July Table 6.12.—Hours Worked by Full-Time and Part-Time Employees by Industry [Millions of hours] Line 1977 1976 1978 1979 Hours worked by full-time 1 and part-time employees. 148,485 153,372 160,115 164,890 Domestic industries 2 148 529 153 414 160 165 164 932 Private industries 3 119 930 124 619 130719 135 235 Agriculture forestry and fish- 4 eries. Farms ..... , ,. 5 Agricultural services forest- 6 ry, and fisheries. 3324 3283 3221 3363 2,762 562 2,676 607 2,531 690 2,620 743 Mining 7 1,568 1,686 1,796 1,938 Construction 8 6,830 7,285 8,094 8,607 Manufacturing Durable goods Nondurable goods 9 10 11 36,143 21 110 15033 37,571 22,230 15341 39,259 23,621 15638 40,125 24433 15692 Transportation and public utilities. Transportation Communication Electric gas and sanitary services. 12 8,526 8,782 9,207 9,569 13 14 15 5031 2115 1380 5187 2,186 1409 5435 2,295 1477 5624 2419 1 526 Wholesale trade 16 8,596 8,935 9,439 9879 Retail trade 17 21577 22,250 23107 23476 Finance insurance, and real 18 estate. 7679 8039 8500 8926 19 25,687 26,788 28,096 29,352 Government and government en- 20 terprises. Government 21 22 Government enterprises 28599 28,795 29,446 29697 25 800 2,799 26,014 2,781 26 580 2866 26771 2,926 23 44 42 50 42 Services Rest of the world 1980 1981 1980 1981 NOTE.—Data sources needed to calculate this table are no longer available. Table 6.13.—Hours Worked by Persons Engaged in Production by Industry [Millions of hours] Line 1976 1977 1979 1978 Hours worked by persons 1 engaged in production \ 164,914 170,403 177,997 183,458 Domestic industries 2 164 958 170 445 178 047 J 83 500 Private industries 3 136,359 141 650 148 601 153 803 Agriculture, forestry and fish- 4 eries. 5 Farms 3 ry, and fisheries. 7746 7 589 7691 7755 6 859 887 6650 939 6 598 1 093 6 586 1 169 , 7 1 626 1735 Construction 8 8468 9075 10177 10817 Manufacturing Durable goods .. Nondurable goods 9 10 11 36 737 21 465 15272 38212 22629 15583 39,948 24,036 15912 40 855 24873 15982 Transportation and public utilities. Transportation ...,. Communication.................. . Electric, gas and sanitary services. 12 8,979 9,249 9,741 10 185 13 14 15 5,473 2,117 1,389 5,642 2,190 1,417 5,955 2,299 1,487 6,206 2428 1,551 Wholesale trade 16 9,226 9,509 9,991 10505 17 25,047 25,928 26,820 27273 Finance, insurance, and real 18 estate. 8,331 8,737 9,331 9837 Retail trade ,., , . ., 1 847 1991 19 30,199 31,616 33,055 34,585 Government and government en- 20 terprises. 21 Government., 22 Government enterprises... 28,599 28,795 29,446 29,697 25,800 2,799 26,014 2,781 26,580 2,866 26771 2926 23 44 — 42 —50 42 Services Rest of the world 1 Equals the hours worked by full-time and part-time employees (table 6.12) plus hours worked by the self-employed persons shown in table 6.10. NOTE.—Data sources needed to calculate this table are no longer available. 89 SURVEY OF CURRENT BUSINESS July Table 6.14.—Employer Contributions for Social Insurance by Industry [Millions of dollars] Line 1976 1977 1978 1979 1981 1980 .;. „ I 70,544 79,467 92,071 105 791 115,297 133 219 .. 2 70544 79467 92 071 105 791 115 297 133 219 3 46,445 52,731 62,306 72257 77,903 90 424 Agriculture forestry and fisheries 4 620 659 807 970 1043 1 193 Mining., 5 705 824 1009 1229 1 470 1907 4,907 5848 6056 6,653 21,816 14108 7708 24,652 16030 8622 25,788 16545 9243 29,641 19,064 10577 6,454 4346 1,270 838 7425 4932 1,519 974 7,951 5154 1,697 1100 9196 5814 2,048 1334 Employer contributions for social insurance Domestic industries .. .. Private industries.. . Construction ... ,.„,.... ., .. .. .. . . Manufacturing Durable goods .. Nondurable goods ...... 6 3,548 3,995 7 8 9 16,091 10,038 6,053 18,532 11,824 6708 10 11 12 13 4,994 3,347 993 654 5645 3831 1,088 726 14 3,755 4194 4,969 5862 6422 7,570 15 6,316 7,122 8,275 9416 10011 11,286 16 2,893 3,263 3,861 4,585 5,169 6151 17 7,523 8,497 10,208 12,270 13,993 16,827 18 24,099 26736 29765 33534 37 394 42795 ..„ Transportation and public utilities.. Transportation Electric gas and sanitary services . .. . ....... Wholesale trade Retail trade . ,. Finance insurance and real estate . Government and government enterprises • 19 Rest of the world Table 6.15.—Other Labor Income by Industry and by Type [Millions of dollars] Line Other labor income 1976 1977 1 75 865 2 3 1978 1979 89435 102 530 75 865 89 435 70,927 83,616 1981 1980 114 912 127 246 102 530 114 912 127 246 140 419 95,825 107 390 118,631 130,332 140 419 By industry Domestic industries . Private industries .... . .. 4 512 600 675 756 864 912 5 1,607 1918 2,089 2,395 2,810 3157 Construction. 6 2871 3468 4035 4551 4679 4766 Manufacturing Durable goods.............. Nondurable goods 7 8 9 32 542 21,836 10706 38399 25,547 12,852 44005 29,251 14754 50128 33,447 16681 55516 36,895 18621 61785 41 144 20 641 10 11 12 13 10060 3983 4113 1,964 11544 4686 4620 2,238 13296 5411 5280 2605 14484 5937 5772 2775 15,721 6252 6371 3,098 16,972 6490 7062 3,420 7,583 Agriculture, forestry, and fisheries...... Mining.. , ,. , . , ..... Transportation and public utilities... Transportation ... . . . . . . . Communication .,. .. .. .. 14 4,306 4,996 5,782 6,395 7,017 Retail trade 15 5,276 6,118 6,978 7,437 7,941 8,325 Finance insurance and real estate 16 5711 6761 7900 8503 9604 10623 17 8,042 9812 11065 12741 14479 16209 18 4938 5 819 6705 7 522 8615 10 087 Wholesale trade , Services .. . . . ... Government and government enterprises .< Rest of the world 19 By type Employer contributions to private pension and welfare funds Pension and profit sharing Group insurance Group health insurance Group life insurance...... Workmen's compensation... Supplemental unemployment .„..,.,... , . .. ,,..... ...... . Other 20 74,822 88,289 101,178 113,327 125,439 138,361 21 22 , „ ,.. 23 24 , 25 26 32972 33,253 28,835 4,418 8,219 378 38432 39,247 34,453 4,794 10209 401 43 968 44794 39,345 5449 11,994 422 48903 50,006 44,171 5,835 13999 419 54694 55152 48949 6203 15248 345 60244 61936 55497 6439 15834 347 27 1,043 1,146 1,352 1,585 1,807 2,058 28 58,732 64,767 74,827 84,029 93,881 29 30 31 32 33 16,651 32,584 4005 5,292 200 19,672 34,358 4,364 6,183 190 23,141 39,628 4731 7,077 250 27,272 42,863 5092 8,331 471 31,656 46225 5601 9,488 911 Addenda: Benefits paid by private pension and welfare funds Group health insurance Workmen's compensation ... Supplemental unemployment ... ...... .. ,„ ,, .... .. 90 SURVEY OF CURRENT BUSINESS July Table 6.16B.—Nonfarm Proprietors* Income by Industry [Millions of dollars] Line 1976 1977 1979 1978 1981 1980 Nonfarm proprietors' 1 income. 77,068 86,768 94,888 103,186 99,900 100,276 Agricultural services, forestry, 2 and fisheries. 1,191 1,571 1,625 1,513 1,165 1,228 , 3 2021 2222 860 2725 2709 3402 ,, 4 10470 12271 14 932 15 464 14361 13321 Manufacturing...., Durable goods , Nondurable goods .. 5 6 7 2,288 1,379 909 2,426 1580 846 2866 2 006 860 2,838 1 941 897 2030 1704 326 2148 1759 389 Transportation and public utilities. Transportation Communication Electric, gas, and sanitary services. 8 2,566 3,575 3,928 4,551 4,546 4,620 9 10 11 2323 45 198 3213 30 332 3599 108 437 4078 19 492 4263 32 315 4289 30 361 Wholesale trade 12 5850 5591 6584 7 193 7471 7419 Retail trade 13 13570 13878 14717 15749 14374 14553 Finance, insurance, and real 14 estate. 5,180 7,357 8,975 8,576 5,608 3,735 15 16 17 18 33,932 12,419 7,572 13941 37877 12,800 8366 16711 40 401 13034 8936 18431 44577 13890 9866 20821 47636 14,884 10994 21758 49 855 15,996 10,840 23019 Mining.... , Construction.. ,.....,„.. Services Health Legal Other , Table 6.17B.—Noncorporate Capital Consumption Allowances by Industry [Millions of dollars] Line 1976 1977 capital 1 allow- 42,859 47,185 Agriculture, forestry, and fish- 2 eries. 3 Farms , . Agricultural services, forest- 4 ry, and fisheries. 6,708 6,251 457 5 6 7 8 9 Transportaion and public utilities. Transportation Communication..... Electric, gas, and sanitary services. Wholesale trade Noncorporate consumption ances. Mining Manufacturing Durable goods Nondurable goods..... , 1979 1978 1980 1981 78,095 53,059 60,831 68,592 7,400 8,295 9,269 10,493 11,542 6883 517 7,661 634 8,578 691 9,577 916 10,440 1,102 990 1298 1582 2115 3,000 4160 1343 1506 1743 1980 2062 2,111 716 469 247 752 497 255 953 618 335 1 129 708 421 1556 894 662 1,919 1,097 10 1,492 1,782 2,173 2,645 2,787 3,217 11 12 13 1 164 82 246 1405 99 278 1772 120 281 2161 134 350 2247 158 OQO OO£ 2,564 197 456 14 597 578 684 779 790 852 822 Retail trade 15 2,022 2,197 2,481 2,841 2,915 3,187 Finance, insurance, and real estate. Finance and insurance Real estate Owner-occupied nonfarm housing. Other 16 24,367 26,354 28,956 32,870 36,676 41,276 17 18 19 219 24,148 12,969 332 26,022 14,110 334 28,622 15,454 686 32,184 17,099 687 35,989 18,533 829 40,447 19,948 20 11,179 11,912 13,168 15,085 17,456 20,499 Services 21 4,624 5,318 6,192 7,203 8,313 9,831 SURVEY OF CURRENT BUSINESS July 91 Table 6.18B.—Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of Organization and Industry [Millions of dollars] Line Inventory valuation adjustment to nonfarm incomes. Corporate business Mining ,, ... , 1979 1978 1980 1981 1 -15,873 -17,386 -25,985 -46,017 -46,095 -26,203 2 14 679 16 183 24 Oil 43 110 42 997 24 614 3 394 387 393 1,277 657 -557 4 866 984 1,502 -1,438 -1,016 5 6 . 7 6,447 4489 1958 -7,828 5665 2163 -9,930 6 162 3 768 -18,946 10361 8585 -19,122 10317 8805 -12,005 8245 3760 public 8 -1,498 -1,405 -1,029 -4,576 -3,556 -2,655 9 208 210 234 983 740 Construction Manufacturing......... Durable goods Nondurable goods Transportation and utilities. Transportation 1977 1976 -771 378 10 81 54 401 171 88 Electric, gas, and sanitary 11 services. -1,209 -1,141 -675 -3,192 -2,645 -2,189 12 2,557 -2,124 -5,567 -8,082 8,772 -3,311 13 -2,657 3,100 -5,110 -7,559 -8,426 -4,284 Wholesale trade Retail trade ,. Other Mining Manufacturing ,...,„...,...,,, Nondurable goods • 120 14 260 355 -480 1232 1448 1,031 15 1 194 1 203 1 974 2 907 3 098 1 589 16 g 8 g 26 13 11 17 232 188 224 196 138 105 18 19 20 -64 54 10 -85 68 17 -108 162 113 49 -166 -105 108 58 83 —22 78 30 Wholesale trade 21 160 111 374 559 595 158 Retail trade 22 623 -681 —1,046 1,548 1726 -880 Other 23 107 -130 -214 -416 -460 -330 Table 6.19B.—Net Interest by Industry [Millions of dollars] Line forestry, 1980 1979 1978 1981 1 87,225 102,520 121,672 153,773 187,699 235,653 2 81 003 94 165 111 723 141 770 171,866 209,262 and 3 5,858 7,116 8,481 10,850 13,708 17,301 3238 Net interest Domestic industries Agriculture, fisheries. 1977 1976 ... 4 679 927 1 621 1992 2558 5 1 103 1 170 1581 1900 2347 3,007 6 7 8 9131 4769 4 362 9,675 4490 5185 10,037 4353 5684 11,993 5,690 6303 13481 6 022 7 459 14661 5900 8761 Transportation and public utilities. Transportation Communication....... Electric, gas, and sanitary services. 9 12,901 13,909 15,599 18,186 22,341 27,910 10 12 2203 3308 7,390 2365 3474 8,070 2891 3734 8,974 3 065 4,456 10,665 3 680 5,476 13,185 4601 6889 16,420 Wholesale trade 13 1 699 2 023 3 110 4 659 5 741 7021 Retail trade 14 2402 3207 4365 5889 6986 8732 Finance, insurance, and real estate. Finance , , ... Real estate Other.. ... 15 44,032 52,613 62,737 81,133 98,255 119,075 16 15313 60516 — 1 171 —15,345 69,304 —1,346 16 165 80842 1940 12,898 96471 — 2440 12917 113 178 2006 10619 132 146 2452 Mining Construction Manufacturing Durable goods Nondurable goods Rest of the world ... „, 11 17 18 19 3,198 3,525 4,192 5,158 6449 8317 20 6,222 8,355 9,949 12,003 15,833 26 391 92 SURVEY OF CURRENT BUSINESS July Table 6.20B,—Corporate Profits by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 138.1 Corporate profits with inventory valuation and capital consumption adjustments. Domestic industries ....... , 1976 .. 2 123.8 3 4 16.6 107.3 Financial..., Nonfinancial 1977 1978 167.3 22.6 129.5 1979 1980 1977 1981 1978 III IV III IV 192.4 194.8 181.6 190.6 148.2 167.0 182.5 171.4 167.9 193.7 199.5 208.5 172.7 164.2 151.3 167.8 132.9 151.7 166.3 157.5 148.3 177.2 180.0 185.1 30.6 29.5 134.7 28.3 123.0 22.2 145.6 19.9 113.0 21.7 130.0 23.6 142.8 25.4 132.1 27.6 120.7 30.3 146.9 31.9 148.0 32.6 152.6 142.1 5 14.3 15.1 19.7 30.6 30.3 22.8 15.3 15.3 16.1 13.9 19.6 16.5 19.5 23.4 Corporate profits with inventory valuation ad- 6 justment. 151.6 178.5 205.1 209.6 199.4 207.5 160.4 178.4 192.7 182.6 178,9 205.5 213.3 222.7 Rest of the world......... Domestic industries Financial Federal Reserve Banks Other Nonfinancial ,.. Manufacturing............ 7 137.4 163.4 185.4 179.0 169.1 184.6 145.1 163.1 176.6 168.7 159.3 189.0 193.8 199.4 8 9 10 17.1 6.0 11.1 23.1 6.2 16.9 31.0 7.7 23.3 30.3 9.6 20.7 29.2 11.9 17.2 22.7 14.5 8.1 20.4 6.0 14.4 22.2 6.2 16.0 24.0 6.2 17.7 25.8 6,4 19.4 27.9 6.9 21.0 30.6 7.4 23.2 32.4 8.0 24.3 33.2 8.7 24.5 11 120.3 140.3 154.4 148.6 140.0 162.0 124.6 140.9 152.6 142.9 131.5 158.4 161.4 166.2 12 69.2 78.3 85.6 74.5 86.3 71.1 78.0 81.6 82.3 72.5 89.5 91.4 94.0 44.3 3.5 4.9 9.4 6.5 8.9 11.0 37.1 3.5 5.2 8.9 5.1 4.7 9.8 20.7 2.9 4.4 7.2 4.4 -5.0 6.8 28.4 4.1 4.9 9.3 5.1 -1.1 6.2 34.4 1.0 4.3 7.6 5.0 8.3 37.2 1.2 4.3 8.5 5.3 10.3 7.6 38.5 0.6 4.3 8.9 5.6 9.8 9.4 42.2 1.6 4.7 10.0 6.5 9.3 10.1 35.6 1.0 3.9 8.0 6.1 7.0 9.7 46.9 4.2 5.2 11.0 6.3 9.2 11.0 46.8 4.3 5.3 8.3 7.4 10.4 11.2 47.8 4.5 5.4 10.3 6.4 8.9 12.3 Durable goods Primary metal industries.......... Fabricated metal products Machinery, except electrical Electric and electronic equipment Motor vehicles and equipment Other 13 14 15 16 17 18 19 30.4 2.1 3.8 6.3 3.4 7.2 7.6 38.1 1.1 4.4 8.8 5.6 9.4 8.8 Nondurable goods Food and kindred products Chemicals and allied products Petroleum and coal products Other 20 21 22 23 24 38.8 6.9 8.3 12.6 11.0 40.2 6.8 7.9 11.6 13.8 42.6 6.0 8.3 13.8 14.5 5.7 7.1 20.7 14.8 53.8 6.2 6.7 28.0 13.0 57.9 8.7 8.2 26.6 14.4 36.7 4.9 7.6 11.5 12.7 40.8 7.3 8.0 11.8 13.8 43.1 9.7 8.0 11.4 14.0 40.1 5.5 8.0 11.8 14.7 36.9 5.7 7.5 9.6 14.1 42.6 5.9 8.0 13.5 15.2 44.6 6.3 8.4 16.1 13.8 46.2 6.1 9.3 15.8 15.0 Transportation and public utilities Wholesale and retail trade Other....... 25 26 27 14.5 22.4 14.2 17.8 26.6 17.6 20.6 26.9 20.0 15.9 27.1 20.1 17.4 24.6 23.4 19.1 33.4 23.1 16.0 21.9 15.6 16.9 27.9 18.2 19.9 33.0 18.1 18.3 23.6 18.6 16.7 24.5 17.8 20.8 27.4 20.7 22.4 27.4 20.3 22.7 28.3 21.1 28 14.3 15.1 19.7 30.6 30.3 22.8 15.3 15.3 16.1 13.9 19.6 16.5 19.5 23.4 Rest of the world , Seasonally adjusted at annual rates 1979 Line Corporate profits with inventory valuation and capital consumption adjustments. Domestic industries.. Financial........ Nonfinancial.. 201.3 IV 197.5 183.1 195.3 1982 1981 1980 III III IV 177.8 181.2 200.3 III IV 185.1 193.1 183.9 157.1 177.1 168.2 162.7 148.8 160.2 140.6 148.2 156.3 176.5 164.3 172.2 158.3 140.2 30.7 146.3 29.2 139.0 28.8 133.9 29.1 119.6 30.7 129.6 27.8 112.8 26.4 121.8 28.6 127.7 26.1 150.4 22.2 142.1 20.3 151.8 20.1 138.2 19.9 120.3 24.3 29.0 34.8 34.4 35.1 31.7 29.6 24.9 23.8 20.8 21.0 25.7 16.9 215.6 211.4 212.2 199.2 211.0 189.4 197.0 200.4 217.6 202.6 210.3 199.4 167.2 191.3 182.4 177.4 164.8 175.9 157.8 167.5 175.5 193.8 181.7 189.3 173.7 150.3 31.4 8.7 22.8 30.0 9.2 20.9 29.7 9.8 19.9 30.1 10.7 19.4 31.5 11.6 19.9 28.6 12.5 16.1 27.2 11.4 15.8 29.4 12.2 17.1 26.8 13.2 13.6 22.7 14.2 8.6 20.8 15.2 5.5 20.4 15.6 4.8 20.0 16.1 3.9 159.9 152.3 147.7 134.7 144.4 129.2 140.3 146.1 167.0 159.0 168.5 153.3 130.4 95.8 87.2 83.6 75.6 85.2 64.7 70.0 78.1 90.3 88.9 92.2 73.7 57.7 Durable goods Primary metal industries...,....,, Fabricated metal products Machinery, except electrical Electric and electronic equipment., Motor vehicles and equipment ........ Other............. 47.8 4.1 5.4 9.3 6.5 11.2 11.2 41.3 4.4 5.4 8.9 5.0 6.8 10.7 33.1 3.9 4.9 9.2 4.6 0.8 9.7 26.3 1.6 5.0 8.2 4.1 -0.1 7.5 25.5 4.7 5.4 7.2 5.2 -3.7 6.7 12.4 2.6 2.8 7.0 3.5 -10.6 7.1 18.2 0.1 4.3 7.4 4.3 -4.1 6.3 26.5 4.2 5.0 7.2 4.5 -1.4 7.1 32.1 7.0 4.7 8.4 6.2 -2.6 8.4 35.2 4.7 6.0 9.2 4.9 2.6 7.8 27.4 4.1 5.4 9.6 4.8 -2.8 6.3 18.9 0.7 3.4 9.9 4.3 ^-L8 2.4 9.1 -3.1 4.4 8.3 3.6 -4.1 0.0 Nondurable goods , Food and kindred products........ Chemicals and allied productsPetroleum and coal products .... Other......... 48.1 5.7 8.7 17.6 16.1 45.9 6.2 7.5 18.0 14.2 50.5 6.2 6.9 20.7 16.6 49.3 4.9 5.4 26.6 12.5 59.6 6.6 7.4 31.5 14.1 52.3 5.5 5.5 29.1 12.2 51.8 4.9 6.6 27.7 12.7 51.6 7.6 7.4 23.5 12.9 58.2 10.4 9.4 23.5 14.9 53.7 8.5 7.5 23.3 14.4 64.8 7.7 8.0 35.1 14.1 54.7 8.1 7.8 24.7 14.1 48.6 6.7 6.5 25.4 10.0 Transportation and public utilities.. Wholesale and retail trade...., Other , 19.1 25.6 19.3 17.7 28.2 19.3 14.1 29.3 20.7 12.6 25.4 21.1 16.8 19.7 22.7 13.9 27.1 23.5 21.5 24.4 24.3 17.5 27.3 23.3 20.1 33.0 23.6 15.6 32.1 22.5 19.6 33.0 23.7 21.2 35.7 22.7 18.8 31.9 21.9 24.3 29.0 34.8 34.4 35.1 31.7 29.6 24.9 23.8 20.8 21.0 25.7 16.9 Rest of the world.. Corporate profits with inventory valuation adjustment. Domestic industries., Financial.......... Federal Reserve Banks., Other..... Nonfinancial Manufacturing.... Rest of the world.. 93 SURVEY OF CURRENT BUSINESS July Table 6.21B.—Corporate Profits Before Tax by Industry [Millions of dollars] Line Corporate profits before tax Domestic industries .. Agriculture, forestry) and fisheries Farms . Agricultural S6rvices forestry and fisheries . Mining ... Metal mining Coal mining Oil and gas extraction . . . Nonmetallic minerals except fuels . 1977 1976 1978 1979 1981 1980 1 166,315 194,712 229,118 252,676 242,446 232,076 2 152,042 179,563 209,390 222,070 212,138 209,250 3 675 587 1,196 1,178 1,055 941 4 5 468 207 389 198 929 267 889 289 6 4,133 3,293 2,638 3,501 4,788 4,760 7 8 9 10 167 1,322 2,175 469 31 749 2,041 534 -79 335 1,649 733 281 434 1,885 901 Construction 11 3,340 4,706 5,760 5,938 6,508 6,389 Manufacturing 12 75,648 86,088 96,782 104,504 93,618 98,285 13 14 15 16 17 18 19 20 21 22 23 24 34,873 2,408 623 1,910 2,643 4,489 7,495 3,770 7,282 1,088 2,007 1,158 43,743 3,060 750 2,290 1,909 5,187 10,225 6,056 9,742 889 2,267 1,368 50,442 4,063 1,003 2,839 4,265 5,674 11,025 7,271 9,226 1,119 2,671 1,286 47,487 3,908 921 2,891 5,459 6,404 11,379 6,443 5,223 806 2,589 1,464 30,990 36,654 25 26 27 28 29 30 31 32 33 34 35 40,775 7,138 1,376 1,440 1,422 3,051 3,410 8,674 12,651 1,107 506 42,345 7,390 1,529 1,924 1,818 2,987 4,373 8,485 11,862 1,560 417 46,340 7,589 1,906 1,918 1,634 3,383 4,955 8,659 13,992 1,688 616 57,017 7,142 2,042 1,998 1,617 4,480 5,125 9,324 23,157 1,544 588 62,628 61,631 Durable goods Lumber and wood products Furniture and fixtures Stone, clay, and glass products. Primary metal industries Fabricated metal products Machinery, except electrical Electric and electronic equipment Motor vehicles and equipment Other transportation equipment Instruments and related products . . Miscellaneous manufacturing industries Nondurable goods Food and kindred products Tobacco manufactures Textile mill products ..... Apparel and other textile products Paper and allied products.... Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastic products Leather and leather products Transportation and public utilities .. Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air Pipelines except natural gas Transportation services Communication Telephone and telegraph Radio and television broadcasting. Electric, gas, and sanitary services . . 36 16,005 19,181 21,662 20,429 20,968 21,783 ... . . 37 38 39 40 41 42 43 44 3,228 316 191 1,272 253 459 527 210 3,909 457 237 1,437 309 792 430 247 4,216 177 182 1,749 117 1,103 624 264 4,248 990 245 1,446 306 -132 1,014 379 4,251 3,845 45 46 47 5,525 4,518 1,007 6,501 5,187 1,314 8,412 6,893 1,519 7,542 6,049 1,493 8,153 8,409 .... 48 7,252 8,771 9,034 8,639 8,564 9,529 Wholesale trade. 49 14,906 17,159 20,244 25,145 25,006 24,133 Retail trade 50 12,688 14,682 17,328 17,637 16,805 16,906 Finance, insurance, and real estate 51 18,917 26,424 35,128 34,239 33,295 26,292 52 53 54 55 56 57 58 59 60 10,663 5,975 4,688 4,013 788 2,349 607 1,151 654 12,082 6,220 5,862 4,923 281 6,557 1,156 2,314 889 15,197 7,749 7,448 7,903 474 7,897 1,266 2,677 -286 18 142 9,566 8,576 5,334 425 6,913 1,141 2,399 -115 10,095 9,761 Banking Federal Reserve banks Commercial and mutual banks Credit agencies other than banks Security, commodity brokers and services Insurance carriers Insurance agents, brokers, and services Real estate Holding and other investment companies Services Hotels and other lodging places Personal services Business services Auto repair, services, and garages Miscellaneous repair services Motion pictures Amusement and recreation services Other services ... . . . . Health services Legal services Educational services Other * Rest of the world 2 Receipts from rest of the world Less: Payments to rest of the world 1 61 5,730 7,443 8,652 9,499 62 63 64 65 66 67 68 69 70 71 72 73 300 428 1,744 335 175 456 420 1,872 1,199 120 53 500 403 464 2,409 432 220 524 535 2,456 1,458 162 98 738 783 543 2,543 364 277 829 619 2,694 1,679 206 123 686 995 577 2,567 294 242 829 641 3,354 2,121 310 90 833 74 14,273 15,149 19,728 30,606 30,308 22,826 75 76 18,526 4,253 19,372 4,223 25,388 5,660 37,987 7,381 38,968 8,660 31,757 8,931 Consists of social services, membership organizations, and miscellaneous professional services. Consists of receipts by all U.S. residents, including both corporations and persons, of earnings of unincorporated foreign affiliates, dividends from their incorporated foreign affiliates, and their share of reinvested earnings of their-incorporated foreign affiliates, net of corresponding outflows. 2 94 SURVEY OF CURRENT BUSINESS July Table 6.22B.—Federal, State, and Local Corporate Profits Tax Liability by Industry [Millions of dollars] Line Corporate profits tax liability ... Domestic industries Agriculture, forestry, and fisheries Farms , Agricultural services, forestry, and fisheries Mining ......... ,. . . Electric and electronic equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries . Nondurable goods .. Food and kindred products Tobacco manufactures .. Textile mill products Apparel and other textile products Paper and allied products , Printing and publishing .. ., .. ... Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastic products Leather and leather products Transportation . , Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation..,,.., Transportation by air .. . ., Pipelines except natural gas . Transportation services . ... Electric, gas, and sanitary services . rTf ' fh fh t Vi k ' ' 1 6 1 106 1 203 1 215 1 368 1 634 2 009 88 331 641 96 30 198 866 109 76 147 819 173 94 136 923 215 16770 . . 25 26 27 28 29 30 31 32 33 34 35 16792 3320 720 590 640 1,178 1,654 4007 3,955 508 220 17233 3437 817 690 804 1,116 2022 4048 3,422 669 208 18141 3457 920 801 690 1281 2,287 4138 3613 676 278 21358 3303 991 769 706 1,525 2165 3992 7,003 622 282 22735 21476 36 4526 5308 6,267 5713 5,444 3,574 37 38 39 40 41 42 43 44 1 144 165 18 497 96 82 206 80 1 127 25 9 509 120 125 236 103 1379 177 25 575 111 151 219 121 1,614 357 47 502 164 66 360 118 1,430 1,004 45 46 47 1507 1 009 498 1765 1 150 615 2483 1771 712 1844 1 163 681 1784 519 . ..... ... ..... .. H ,. • ......,., 318 90 16 168 .. .. ... Health services Rest of the world 293 70 20508 902 425 1041 1870 2618 4,989 3182 2634 791 1372 684 ... ..... 218 54 22793 1076 410 1230 1650 2427 5,238 3311 4678 782 1389 602 lr .. .. 132 20225 909 330 893 962 2328 4,577 2929 4764 793 1 168 572 ,. Motion pictures Amusement and recreation services Educational services Other 1 408 229 58 16686 635 276 714 990 2057 3,861 2,297 3,601 673 1045 537 Personal services . Business services ' 363 4 5 13 14 15 16 , .. .. 17 18 19 .. .... . 20 21 22 23 ... ....... 24 Services 11 287 244 2,208 Real estate M' 272 38,246 becun. y,*= commo ,.i y hroIT ers an A services T 81,175 3 1,676 , h 81 175 84652 38903 ..... Finance insurance and real estate P ,.. 84 652 87 597 2,071 , ,, 87 597 83238 41866 , k , 83 238 72699 40,934 , Fpd ral RPH rv h P . , i 72699 63 844 1445 Communication Telephone and telegraph Retail trade 63844 37,458 Transportation and public utilities Wholesale trade 1 1,259 ., Primary metal industries Fabricated metal products . •• •• «<• 1 685 48 1,875 2,416 2,405 2,255 2,230 2,051 49 4,344 4,817 5,558 6,736 6,633 6,747 50 4,634 5,246 6,158 5,990 5,432 5,942 51 12,509 14,842 18,451 20,502 21,916 19,645 2,770 2,672 0 0 52 53 54 55 56 57 58 59 60 6,952 5870 1 082 1 292 387 2575 261 792 250 7,345 5937 1 408 1 754 202 3784 362 1068 327 9,108 7006 2 102 2213 270 4765 417 1,254 424 11,591 9279 2312 1707 334 4,737 415 1,220 498 61 1,716 2,093 2,607 2,943 62 63 64 65 66 67 68 69 70 71 72 73 95 120 548 113 50 102 207 481 258 15 20 188 181 131 735 131 47 146 230 492 275 17 16 184 314 156 863 126 54 175 262 657 342 27 39 249 411 180 967 112 64 174 313 722 388 37 38 259 74 0 0 0 0 Consists of social services, membership organizations, and miscellaneous professional services. 1981 33,478 ,.„ Durable goods Lumber and wood products Furniture and fixtures .. 1980 1979 12 ,, , 1978 11 Construction Manufacturing.... 1977 2 7 8 ... ..... . ..... 9 10 Metal mining Coal mining Oil and gas extraction Nonmetallic minerals except fuels 1976 95 SURVEY OF CURRENT BUSINESS July Table 6.23B.—Corporate Profits After Tax by Industry [Millions of dollars] Line Corporate profits after tax Domestic industries.. . Agriculture forestry and fisheries Farms. Agricultural services forestry and fisheries Mining Metal mining Coal mining Oil and gas extraction . Nonmetallic minerals except fuels . 1978 1981 1980 1979 1 102 471 122013 145 880 165 079 157794 150 901 2 88,198 106,864 126,152 134,473 127,486 128,075 3 403 300 833 770 811 809 4 5 250 153 160 140 636 197 571 199 6 3,027 2 090 1423 2133 3154 2,751 129 991 61 551 1,534 1,175 155 188 830 560 187 298 962 686 7 8 9 10 .... 1977 1976 373 425 Construction 11 2081 3,261 4,075 3,867 4832 4,181 Manufacturing 12 42,170 48,630 55848 62,638 54,715 60,039 Durable goods.... Lumber and wood products Furniture and fixtures Stone, clay, and glass products Primary metal industries. Fabricated metal products Machinery, except electrical Electric and electronic equipment Motor vehicles and equipment Other transportation equipment . . . . Instruments and related products . Miscellaneous manufacturing industries 13 14 15 16 17 18 19 20 21 22 23 24 18,187 1773 23,518 2151 26 979 3006 14 822 19884 347 27 649 2987 420 593 496 1,196 1,653 2,432 3,634 1,473 3,681 1,397 2,859 5,648 3,127 1609 2615 3,247 5787 3960 1850 3589 3,786 6390 3261 96 337 415 962 621 15 4,978 1099 4548 1282 2589 1217 796 684 780 Nondurable goods Food and kindred products.. Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastic products Leather and leather products 25 26 27 28 29 30 31 32 33 34 35 23983 3,818 25112 3,953 28199 4,132 39893 40 155 656 850 782 712 986 1,117 1,873 1,756 4667 8,696 1,234 1,014 1,871 2,351 4437 8,440 35659 3839 1 051 1,229 599 286 891 209 36 11 479 37 38 39 40 41 42 43 44 45 46 47 Transportation and public utilities Transportation Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air . Pipelines except natural gas Transportation services Communication Telephone and telegraph . Radio and television broadcasting ; . Electric gas and sanitary services Wholesale trade Retail trade . Finance, insurance, and real estate Banking Federal Reserve banks Commercial and mutual banks . Credit agencies other than banks Security, commodity brokers and services Insurance carriers Insurance agents, brokers, and services Real estate Holding and other investment companies Services Hotels and other lodging places Personal services Business services Auto repair, services, and garages Miscellaneous repair services Motion pictures ... Amusement and recreation services Other services Health services .. Legal services Other 1 Rest of the world 2 Receipts from rest of the world Less* Payments to rest of the world 1 Consists 2 .. . 947 944 911 2,102 2668 4521 10,379 1012 2,955 2,960 5332 16 154 338 922 306 13873 15 395 14716 15524 18 209 2084 2 782 2837 2634 2821 2841 151 173 775 157 377 321 130 432 228 928 189 667 194 144 0 157 6 952 405 143 633 198 944 142 198 654 261 4,018 3509 4,736 4037 5,929 5122 5,698 4886 6,369 7,890 509 699 807 812 1 174 48 5 377 6355 6629 6384 6 334 7 478 49 10 562 12342 14686 18 409 18 373 17 386 50 8,054 9,436 11 170 11 647 11373 10 964 11,379 6,647 51 6,408 11,582 16,677 13,737 52 53 54 ... 55 56 . . . 57 58 59 60 3711 4737 6089 6551 -904 1246 -1,216 61 4,014 62 63 64 65 66 67 *••• 68 69 • • • 70 71 72 73 205 308 1 196 1674 105 283 743 287 3,606 2 721 4454 3169 5 346 5690 6264 3627 401 226 346 359 222 125 354 213 1,391 941 105 33 312 79 204 2773 3 132 2 176 849 726 794 91 1 423 -710 1 179 —613 5,350 6045 6 556 222 469 387 584 397 1 680 1 600 238 223 654 357 182 178 655 328 1,964 1,183 2,037 1,337 2,632 1733 145 82 554 179 84 437 273 52 574 oqo 301 173 378 305 • 7 325 7 089 74 14,273 15,149 19,728 30,606 30,308 22826 75 76 18,526 4253 19,372 4,223 25,388 5,660 37,987 7,381 38,968 8,660 31 757 8931 of social services, membership organizations, and miscellaneous professional services. Consists of receipts by all U.S. residents, including both corporations and persons, of earnings of unincorporated foreign affiliates, dividends from their incorporated foreign affiliates, and their share of reinvested earnings of their incorporated foreign affiliates, net of corresponding outflows. 96 SURVEY OF CURRENT BUSINESS July Table 6.24B.—Net Corporate Dividend Payments by Industry [Millions of dollars] Line Net corporate dividends Domestic industries Agriculture, forestry, and fisheries Farms . . . Agricultural services, forestry, and fisheries Mining . . Metal mining Coal mining Oil and gas extraction Nonmetallic minerals except fuels 1976 1977 1978 1979 1981 1980 1 37 356 40818 46981 52 670 58 066 65 097 2 29120 30479 36484 37 560 39678 50 775 3 189 338 203 303 340 390 4 5 147 42 272 66 181 22 246 57 6 761 1795 7 8 9 10 54 263 336 108 66 208 —2,241 172 11 385 12 1 490 2 647 104 213 112 302 1953 3173 3 315 1 647 146 112 420 480 440 287 452 12,708 13,972 17,374 18,137 19,549 24,292 13 14 15 16 17 18 19 20 21 22 23 24 5,876 334 60 312 913 464 1 148 494 1,644 134 284 89 5,998 384 61 353 930 579 1576 460 1,323 38 198 96 7,298 555 87 315 943 668 1739 1,090 1218 294 259 130 7,618 7,050 8,412 25 Nondurable goods 26 Food and kindred products 27 Tobacco manufactures Textile mill products . .... . . . . 28 29 Apparel and other textile products 30 Paper and allied products 31 Printing and publishing 32 Chemicals and allied products 33 Petroleum and coal products 34 Rubber and miscellaneous plastics products . .. 35 Leather and leather products 6,832 1336 302 163 163 644 546 2036 1,397 189 56 7974 1584 302 206 186 609 699 2640 1,462 221 65 10076 1705 356 196 181 651 735 3132 2,931 127 62 10 519 1644 12499 15880 Construction ... Manufacturing Durable goods Lumber and wood products Furniture and fixtures Stone clay and glass products Primary metal industries . . . Fabricated metal products Machinery except electrical Electric and electronic equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries 496 89 415 1,114 715 1377 1,463 1 102 183 509 155 475 365 138 752 699 3583 2,578 212 73 36 9258 10,551 12 277 13,214 14599 17,473 Transportation . . Railroad transportation Local and interurban passenger transit Trucking and warehousing . . . Water transportation Transportation by air . . . . Pipelines except natural gas Transportation services 37 38 39 40 41 42 43 44 1002 1220 1382 1475 1708 528 13 123 40 57 170 71 999 449 12 181 42 43 196 76 554 10 212 12 110 236 86 555 14 201 105 177 219 111 Communication Telephone and telegraph Radio and television broadcasting 45 46 47 2,924 2,795 129 3,659 3,471 188 4,231 4028 4,800 4,586 214 5,026 5,775 203 Electric, gas, and sanitary services 48 5,332 5,893 6,826 7,032 8,098 9,990 49 2,720 3,834 4,145 5,170 5,270 5,578 2446 2,698 3,112 1,442 -766 1,692 1,891 Transportation and public utilities Wholesale trade 50 Retail trade 51 Finance, insurance, and real estate Banking C1 P rl't „ecuri*ty, ' 1 ' f\ t 1 Vl fh tVi h commorTt i y K o1re s T t Real estate h k lr lr a H d .. Services Personal services * . . . , Miscellaneous repair services Motion pictures Other services Health services Legal services Educational services Other * Rest of the world 2 Receipts -from rest of the world Less* Payments to rest of the world 1 Consists 2 servic 1,893 1,967 2324 8 -43 1,031 1,866 2,135 57 2,182 60 2075 556 51 4,111 184 837 340 774 68 4323 221 747 288 2,644 67 2577 616 93 -5,324 319 718 97 287 52 53 54 55 56 57 58 59 60 561 48 2784 147 518 69 61 919 1,214 1,528 62 63 64 65 66 67 68 69 70 71 72 73 50 103 265 23 9 35 77 357 154 9 6 188 88 70 401 48 9 63 126 395 145 12 8 230 99 92 296 57 30 86 144 410 198 26 18 168 189 131 389 52 13 94 116 544 216 62 48 218 74 8,236 10,339 10,497 15,110 18,388 14,322 75 76 10,830 2,594 12,976 2,637 13583 3,086 18,445 3,335 22,270 3,882 19,098 4,776 1 809 1,200 63 2 119 of social services, membership organizations, and miscellaneous professional services. Consists of receipts by U.S. residents of dividends paid by their incorporated foreign affiliates and of earnings of their unincorporated foreign affiliates, net of the corresponding payments. 97 SURVEY OF CURRENT BUSINESS July Table 6.25B.—Undistributed Corporate Profits by Industry [Millions of dollars] Line Domestic industries.....,.,.. ., ,. ... Agriculture, forestry, and fisheries ..,„...., Farms Agricultural services, forestry, and fisheries Construction .. ... , Durable goods . .. ... . Lumber and wood products Furniture and fixtures Stone clay and glass products Primary metal industries Fabricated metal products ,. Machinery except electrical Electric and electronic equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Transportation and public utilities Transportation b y a i r Pipelines except natural gas Transportation services Retail trade .. .. Banking Federal Reserve banks Commercial and mutual banks Credit agencies other than banks , Security, commodity brokers and services. Insurance carriers . ... ...,...,..,......, ... Insurance agents, brokers, and services Real estate .... . Holding and other investment comanies , Services Hotels and other lodging places Personal services . , Business services . . Auto repair services and garages Miscellaneous repair services Motion pictures Amusement and recreation services Other services Health services Legal services . .. Educational services l Other Rest of the world 2 ., .. , . .... , .... .. .. , Receipts from rest of the world Less' Payments to rest of the world........ 1 ,,...,....,...„...., 77 300 471 419 6469 4398 3 885 2913 4780 75 728 127 343 259 25 75 4 1,198 3,416 2783 4135 265 253 414 574 11 1,696 2,841 3,595 3427 4,545 3729 12 29,462 34,658 38,474 44,501 35,166 35,747 13 14 15 16 17 18 .. , 19 20 21 .......... 22 23 24 12,311 1439 17,520 1767 20,351 2432 19,361 2510 7772 11472 287 884 740 359 506 407 1,044 1294 1672 2,579 4,048 2870 3,330 1,435 2475 3,071 5013 1798 1,487 43 27,394 24,275 , ... .. 87 808 2 266 , Finance, insurance, and real estate 85 804 96913 6 . . . . . . . Electric gas and sanitary services 99 728 89668 467 ,. .... ., Wholesale trade 112 409 76385 325 142 ,„. ,, 98899 59,078 455 175 ,. Communication ,. Telephone and telegraph. Radio and television broadcasting 81,195 630 .. Transportation Railroad transportation. ... ,. . ... . .. .. Local and interurban passenger transit Trucking and warehousing ,„ 65,115 112 74 , Food and kindred products .. ... . . ...... ... Tobacco manufactures Textile mill products Apparel and other textile products .... . , Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastic products Leather and leather products 1 2 —38 ,. .. ,. , ... 1981 1980 103 111 , ..,..,.,..., » .. , ...... 1979 214 .... Manufacturing 1978 3 Mining Metal mining Coal mining,, ,., , , ,..,.„..,.„. Oil and gas extraction... , ...... . . . . .... . ..... ... Nonmetallic minerals except fuels 1977 4 5 .... ,. ,. 1976 7 8 9 10 1,968 2,486 17 2,037 2,280 4,072 2667 3,655 281 678 532 58 901 700 1023 554 168 708 625 25 26 27 28 29 30 31 32 33 34 35 17,151 2,482 17,138 2,369 18,123 2,427 354 687 619 25,140 2195 410 1028 828 630 921 763 576 864 773 1229 1,210 2,631 7299 1262 1,652 1797 6978 1451 1,933 1,389 7448 2203 2,261 1,749 13576 410 230 670 144 885 276 710 233 ... 36 2,221 3,322 3118 1,502 37 38 39 40 41 42 43 44 1082 1783 377 160 652 117 320 151 59 1 617 1 252 17 216 747 147 624 2 68 554 147 962 6 842 169 57 78 184 743 37 375 435 150 45 46 47 1,094 1,077 714 380 566 511 1,698 1094 898 300 598 979 604 925 736 1 346 1 133 1,343 2,115 48 45 462 197 648 1764 2512 49 7842 8,508 10,541 13,239 13,103 11,808 50 6,161 7469 8846 9,201 8,675 7,852 51 6,121 11,590 16,720 14,768 12,821 7,413 52 53 54 55 56 57 58 59 60 1845 3907 3907 1797 2160 2602 ? 223 2379 2613 2,558 6884 -835 -1,556 -998 -516 61 3 095 4 150 4 83i 5028 5633 5 198 62 63 64 65 66 67 68 69 70 71 72 73 155 205 931 199 116 319 136 134 263 370 295 395 266 1273 1384 1211 253 164 315 179 181 193 568 213 130 165 561 212 1569 1038 1,627 1 139 133 74 324 153 66 269 2088 1517 *211 48 353 199 159 1034 787 96 27 124 28 610 409 680 220 3227 4916 3687 3011 136 2 7455 7 500 628 676 407 461 4 356 74 6,037 4,810 9,231 15,496 11,920 8,504 75 76 7696 1,659 6396 1,586 11805 2,574 19,542 4,046 16698 4,778 12 659 4,155 Consists of social services, membership organizations, and miscellaneous professional services. 2 Consists of receipts by U.S. residents of their share of the reinvested earnings of their incorporated foreign affiliates, net of the corresponding payments to foreign residents for their share of the reinvested earnings of their incorporated U.S. affiliates. 378-127 0 - 8 2 - 7 98 SURVEY OF CURRENT BUSINESS July Table 6.26B.—Corporate Capital Consumption Allowances by Industry [Millions of dollars] Line Corporate capital consumption allowances Agriculture, forestry, and fisheries Farms Agricultural services, forestry, and fisheries. , .. Mining Metal mining Coalmining Oil and gas extraction Nonmetallic minerals, except fuels Construction , , , 1981 1980 1979 ., 1 96,322 110,197 124,866 142 729 163,391 189,377 :,. 2 1,255 1,536 1,685 2,039 2,413 2,877 3 4 1030 225 1208 328 1 378 307 1676 363 5 2,415 2,805 3,151 3,790 4,511 5,598 6 7 g 9 179 743 1 121 372 163 798 1394 450 231 867 1577 476 290 904 2036 560 3,052 3,262 3,984 4,777 5,607 6,320 40330 47 201 52415 59949 68,645 79 631 12 13 14 15 16 17 18 19 20 21 22 23 20858 1,289 219 1358 3,694 1741 3934 3,134 3,318 1012 744 415 23621 1,446 231 1403 4,046 1,921 4509 3,479 4102 1188 815 481 26404 1661 283 1687 4575 2241 4717 3,934 4847 1057 915 487 30147 1,944 338 1989 5,077 2592 5407 4488 5449 1188 1077 598 34628 38993 24 25 26 27 28 ..... 29 30 31 , 32 33 34 19,472 3,201 323 876 327 1,667 1,168 4,586 6,299 900 125 23,580 3,936 375 977 394 1889 1311 5,307 8204 1056 131 26011 4,261 431 1026 402 2126 1497 5,538 9606 981 143 29802 4,724 500 1 171 432 2128 1800 6,525 11 134 1241 147 34 017 40638 .. , .. Nondurable goods .. Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and miscellaneous plastic products Leather and leather products 1978 11 , .. 1977 10 Manufacturing Durable goods Lumber and wood products Furniture and fixtures Stone, clay and glass products Primary metal industries Fabricated metal products Machinery except electrical Electric and electronic equipment Motor vehicles and equipment Other transportation equipment Instruments and related products Miscellaneous manufacturing industries 1976 Transportation and public utilities 35 24186 26 651 29 823 32 859 37358 43,918 Transportation . .. Railroad transportation Local and interurban passenger transit Trucking and warehousing Water transportation Transportation by air Pipelines except natural gas Transportation services 36 37 38 39 40 41 42 43 6249 1612 175 1778 481 1614 160 429 6815 1508 175 2119 553 1682 310 468 7871 1940 221 2406 542 1827 397 538 8875 2004 236 2812 783 2026 393 621 10 152 12034 Communication Telephone and telegraph Radio and television broadcasting 44 45 46 8792 8490 302 9 850 9465 385 10717 10234 483 11895 11319 576 13708 16217 Electric, gas and sanitary services 15 667 47 9145 9986 11235 12089 13 498 Wholesale trade 48 4,145 4661 5721 6931 7697 8,753 Retail trade 49 6,354 7233 8,406 10,109 11,186 11,826 Finance, insurance, and real estate 50 7,616 8,473 9,866 10,829 12,500 14,475 51 ..... 52 53 54 55 56 57 58 59 2722 7 2715 689 88 1013 122 2745 237 3,105 8 3 097 802 121 1,155 177 2887 226 3,704 8 3 696 926 150 1456 196 3188 246 4,268 9 4259 924 209 1613 250 3222 343 60 6,969 8,375 9,815 11,446 13,474 15,979 61 62 63 64 65 66 67 68 69 70 71 72 651 428 1,978 1786 97 333 562 1 134 664 41 65 364 764 462 2,498 2,038 116 393 637 1467 813 53 63 538 879 516 2,839 2542 127 394 740 1778 948 78 79 673 1023 565 3428 3088 157 490 829 1866 1083 100 99 584 Banking Federal Reserve banks Credit agencies other than banks Security commodity brokers and services Insurance carriers Insurance agents brokers and services Real estate Holding and other investment companies Services .. ... Hotels and other lodging places Personal services Business services Auto repair, services, and garages.... ., • Miscellaneous repair services Motion pictures , Amusement and recreation services .. Other services Health services , Legal services Educational services... Other 1 1 . . . .. ...... Consists of social services, membership organizations, and miscellaneous professional services. SURVEY OF CURRENT BUSINESS July 99 7. Implicit Price Deflators and Price Indexes Table 7.1.—Implicit Price Deflators for Gross National Product [Index numbers, 1972=100] Seasonally adjusted Line 1976 1977 1978 1979 1980 1981 1977 1978 I II III IV I II III IV Gross national product 1 132.34 140.05 150.42 163.42 178.64 195.51 136.80 139.01 141.03 143.24 145.12 148.89 152.02 155.38 Personal consumption expenditures 2 131.7 139.3 149.1 162.5 179.2 194.5 136.5 138.3 140.3 142.2 144.4 147.7 150.5 153.5 3 4 5 123.9 137.2 129.6 129.2 143.6 139.3 136.4 153.4 150.0 145.0 169.9 162.3 156.3 188.4 178.8 167.5 202.7 196.3 127.9 140.9 135.7 128.3 143.0 137.9 129.4 144.6 140.5 131.0 146.0 143.0 132.7 148.2 145.3 135.2 152.3 148.4 137.7 154.9 151.4 139.7 157.9 154.8 139.2 138.6 149.0 133.9 140.7 141.3 140.7 122.7 149.8 146.3 159.4 141.0 158.0 159.0 157.0 126.7 163.2 157.2 176.4 149.7 178.3 179.8 180.0 132.6 178.5 170.8 200.2 158.8 200.5 202.7 202.7 140.3 193.3 186.1 227.7 169.0 218.5 221.7 218.8 149.2 208.0 201.3 251.5 179.8 233.6 237.1 236.9 159.4 144.8 142.4 154.2 137.6 150.4 151.1 150.9 125.0 148.1 144.7 158.1 139.2 155.9 156.8 156.2 126.2 150.7 147.4 160.1 142.2 158.1 159.1 158.5 127.0 155.3 150.5 165.0 144.8 166.7 168.0 166.7 128.2 157.1 152.7 167.1 147.0 167.8 169.0 168.5 129.5 161.5 155.7 173.4 148.7 175.7 177.1 176.6 131.5 165.1 158.6 179.2 150.5 181.8 183.3 182.8 133.5 168.6 161.3 184.9 152.2 188.0 189.7 189.8 136.0 17 18 155.3 185.6 161.9 205.5 172.6 214.1 192.5 246.1 213.1 289.3 231.8 293.1 160.2 202.8 162.4 204.6 162.2 207.4 162.7 207.0 165.5 209.2 171.5 213.1 173.9 215.3 178.6 218.4 .... 19 136.6 146.3 157.3 170.4 189.2 207.9 142.3 145.2 147.3 150.3 152.6 155.1 158.7 162.5 20 21 22 23 133.5 132.4 135.7 138.3 142.8 141.9 144.6 148.4 153.1 152.7 153.8 159.7 164.8 166.0 162.5 173.7 185.2 187.4 181.0 191.6 207.4 209.0 204.2 208.2 139.2 138.4 140.7 144.1 141.9 140.6 144.4 147.2 143.1 142.1 145.0 149.7 146.9 146.5 147.8 152.4 149.1 148.7 149.9 154.7 150.7 151.0 150.0 157.6 154.4 153.1 156.7 161.2 158.0 157.8 158.3 165.1 Durable goods Nondurable goods Services Gross private domestic investment Fixed investment , Nonresidential .. , ... Structures Producers' durable equipment Residential.. . .. Nonfarm structures Farm structures Producers' durable equpment . .. . ... Change in business inventories Net exports of goods and services Exports Imports .. Government purchases of goods and services . Federal National defense Nondefense State and local 6 7 8 9 10 11 12 13 14 15 16 Seasonally adjusted 1979 Line I II 1980 III IV I II 1981 III IV I II 1982 III IV I II Gross national product 1 158.60 161.85 165.12 168.05 172.31 176.52 180.60 185.16 190.01 193.17 197.36 201.55 203.68 206.35 Personal consumption expenditures 2 157.0 160.5 164.2 168.1 172.8 177.1 181.2 185.5 189.2 192.6 196.4 199.8 202,2 204.0 3 4 5 142.1 162.7 157.5 144.0 167.8 160.1 145.8 172.4 163.8 148.1 176.6 167.8 151.9 181.9 172.2 154.4 186.2 176.5 158.0 190.5 180,9 161.1 195.1 185.4 163.0 199.3 189.6 166.2 201.7 193.4 169.7 204.2 198.6 171.3 205.6 203.6 173.0 206.8 207.4 174.6 206.9 210.7 172.1 165.0 191.3 154.9 191.9 193.7 192.9 138.0 176.6 168.9 196.1 157.9 198.3 200.4 200.0 139.5 180.8 172.6 203.0 160.1 204.6 207.0 205.2 140.4 184.3 176.5 209.2 162.5 207.6 210.2 208.7 142.7 188.5 181.0 216.9 165.8 212.5 215.2 214.7 145.2 191.5 184.9 224.9 167.9 217.2 220.6 219.1 148.0 195.1 187.9 232.7 169.9 221.8 225.2 221.2 150.8 198.3 190.8 237.2 172.3 223.4 226.4 224.3 153.0 202.3 194.5 241.5 175.1 229.0 232.2 227.3 155.4 207.4 200.7 249.1 179.9 231.7 234.9 233.4 158.3 209.4 203.0 252.7 181.4 235.8 239.4 237.9 161.3 212.9 206.8 261.9 182.5 239.2 243.3 242.7 162.8 213.6 207.6 264.5 181.9 240.5 244.3 243.8 165.7 216.4 210.5 266.9 184.1 241.8 245.6 245.5 168.5 17 18 184.6 226.7 191.0 237.8 194.8 251.0 198.6 267.5 204.2 282.5 209.2 289.8 216.3 290.1 223.5 294.9 229.3 300.7 230.9 298.7 232.6 287.7 234.5 286.1 237.3 286.4 237.0 278.6 . .... 19 165.3 167.8 171.6 177.0 182.4 186.8 190.0 197.7 201.5 205.5 209.5 215.0 217.8 222.1 20 21 22 23 160.8 160.5 161.3 167.9 161.7 162.4 160.3 171.3 164.8 166.5 161.5 175.6 172.0 174.6 166.9 179.9 178.2 180.3 174.1 184.8 182.2 184.6 177.9 189.6 183.3 186.5 176.8 194.0 197.5 198.4 195.7 197.8 201.2 201.7 200.3 201.7 204.0 206.4 198.9 206.3 207.8 207.9 207.4 210.7 216.0 219.5 209.4 214.3 218.3 223.0 209.6 217.5 223.1 227.2 213.7 221.5 Durable goods Nondurable goods. . Services . Gross private domestic investment Fixed investment Nonresidential Structures .. ., Producers' durable equipment Residential Nonfarm structures Farm structures Producers' durable equpment Change in business inventories Net exports of goods and services Exports Imports Government purchases of goods and services Federal National defense Nondefense State and local... 6 7 8 9 10 11 12 13 14 15 16 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 100 SURVEY OF CURRENT BUSINESS July Table 7.2.—Fixed-Weighted Price Indexes for Gross National Product, 1972 Weights [Index Numbers, 1972=100] Seasonally adjusted Line 1976 1977 1978 1979 1981 1980 I 1 Gross national product Personal consumption expenditures Durable goods Nondurable goods Services .. . 167.8 184.4 202.0 138.8 III IV 141.1 142.9 145.8 I 147.8 II III IV 151.5 154.8 158.8 156.6 2 133.0 141.2 151.6 166.3 184.8 202.1 138.0 140.2 142.1 144.3 146.5 150.2 3 4 5 124.8 138.7 130.5 130.5 145.6 140.7 138.4 156.1 151.9 147.9 174.3 165.1 160.4 195.8 183.0 172.9 212.8 202.1 128.8 142.5 137.1 129.7 145.0 139.3 130.8 146.8 141.7 132.7 148.3 144.6 134.5 150.5 146.8 137.1 155.0 150.2 139,8 157.9 153.3 142.0 161.0 157.4 140.2 139.9 146.7 135.9 140.8 151.8 148.5 156.3 144.0 158.0 167.0 160.9 172.6 154.2 178.4 185.4 177.2 196.0 166.4 200.8 204.1 196.0 219.3 182.6 219.5 220.9 213.5 237.3 199.8 235.0 146.5 144.4 151.6 140.3 150.4 150.1 147.0 155.1 142.4 155.9 152.5 149.5 157.1 145.1 158.1 157.7 152.9 161.3 148.1 166.9 159.6 155.3 163.5 150.5 167.8 164,7 158.9 169.5 152.9 175.7 169.3 162.7 175.4 155.4 181.7 173,8 166.4 181.1 157.9 188.1 14 15 156.9 178.7 164.0 195.0 174.9 210.1 197.2 244.5 218.6 303.7 239.3 319.0 162.1 188.5 164.6 194.5 164.2 197.3 165.1 199.5 168.3 204.1 172.8 208.6 175.8 211.6 181.6 215.9 16 137,3 147.0 158.4 173.2 193.8 212.2 143.2 145.9 147.7 151.3 153.7 156.3 159.4 164.1 17 18 19 20 135.4 135.6 135.0 138.5 145.0 145.5 143.6 148.4 155.4 156.5 152.6 160.4 169.5 171.7 164.0 175.7 192.7 196.5 182.8 194.6 214.7 219.7 201.7 210.6 141.9 142.2 141.2 144.1 143.9 144.3 142.9 147.2 144.7 145.2 143.2 149.8 149.4 150.3 147.2 152.6 151.7 153.1 148.2 155.1 153.6 154.8 150.5 158.1 155.4 156.3 153.2 162.0 160.9 161.8 158.6 166.3 21 22 . ... 23 24 25 26 135.1 133.6 135.0 141.5 165.8 127.5 144.1 142.1 144.1 147.9 180.2 135.6 155.5 153.2 155.5 162.1 191.0 144.9 170.8 167.7' 170.8 178.7 240.6 155.8 189.8 184.3 189.8 193.0 316.1 170.3 207.2 202.0 207.2 208.8 359.6 185.5 140.5 138.8 140.5 144.5 175.3 132.7 143.0 141.0 143.0 146.9 180.3 134.5 145.0 142.8 145.0 149.2 181.8 136.4 148.0 145.7 148.0 151.0 183.6 138.8 150.1 147.8 150.1 154.5 185.2 140.5 153.8 151.5 153.8 161.0 189.1 143.4 157.1 154.7 157.0 164.7 192.1 146.2 161.0 158.7 160.9 168.2 197.4 149.4 27 28 29 133.7 133.8 133.6 142.2 142.1 142.2 153.3 153.5 152.8 167.8 168.7 167.5 184.4 185.6 185.3 202.1 203.4 203.3 138.9 138.7 141.1 141.0 142.9 142.8 145.8 145.5 147.9 147.6 151.6 151.6 154.8 155.0 158.8 159.0 . . . 6 7 8 9 10 11 12 Fixed investment Nonresidential Structures Producers' durable equipment.. Residential.... Change in business inventories 13 Net exports of goods and services Exports Imports , Government purchases of* goods and services ... 153.3 142.2 II 153.2 Gross private domestic investment Federal National defense Nondefense State and local 133.7 1978 1977 ... , Addenda: Gross domestic purchases 1 Final sales Final sales to domestic purchasers *.... Personal consumption expenditures food Personal consumption expenditures, energy Other personal consumption expenditures Gross domestic product Business Nonfarm.. Seasonally adjusted 1979 Line I 1980 1982 1981 II III IV I II III IV I II III IV I II Gross national product 1 162.1 165.9 169.6 173.5 177.8 182.1 186.3 191.3 195.9 199.9 204.2 208.4 210.8 213.2 Personal consumption expenditures 2 160.0 164.1 168.3 172.7 178.2 182.7 187.0 191.5 196.6 200.2 203,9 207.5 209.9 211.5 155.4 188.9 176.0 158.6 193.7 180.7 162.3 198.0 185.3 165.5 202.7 190.1 167.6 209.2 194.8 171.5 212.1 199.2 175.1 214.0 204.5 177.4 215.9 209.9 179.0 217,2 213.8 181.2 216.2 217.5 229.2 222.0 245.7 208.4 242,7. * 231.3 224.5 248,0 211.1 244.2 245.6 319.1 246.5 315.0 Durable goods Nondurable goods Services .. 144.5 165.9 159.8 147.0 171.8 162.8 148.8 177.2 166.8 151.5 182.1 171.2 178.0 170.5 186,9 161.2 192.0 183.1 174.9 192.6 164.8 198.6 188.1 179.2 198.9 167.8 205.0 192.3 184.0 204.8 172.1 208.2 197.1 188.7 211.3 175.7 213.2 202.5 194.2 217.7 180.6 218.4 207.5 199.2 222.6 185.8 223.0 210.2 202.8 226.3 189.3 224.3 215.0 207.1 231.0 193.4 229.9 219.0 211.7 235.0 198.3 233.0 223.2 215.6 239,4 201,9 237.5 226.8 219.3 243.0 * 205.6 241.2 14 • 15 188.2 224.8 195.8 235.3 200.0 250.8 203.8 268.3 210.4 291.0 214.3 300.6 221.2 309.8 229.1 314.6 235.4 322.6 238.4 323.4 241.1 316.3 242.5 314.0 16 167.1 170.2 174.7 181.0 186.6 191.4 195.1 202.1 206.0 210.3 213.6 219.3 222.4 225.7 17 18 19 20 163.1 164.5 159.6 169.7 165.9 167.4 162.0 173.1 170.3 172.5 164.8 177.7 179.1 182.2 171.3 182.2 184.9 188.2 176.4 187.7 189.5 193.7. 178.7 192.7 191.9 196.1 181.4 197.2 203.9 208.2 192.7 200.9 208.1 211.6 199.1 204.6 212.2 217.4 198.8 209.0 214.5 219.6 201.6 212.9 223.9 230.1 207.9 216.1 227,1 ,233.4 211.0 219.2 229.9 236.7 212.7 222.8 21 22 .... 23 24 25 26 164.4 162.0 164.3 174.3 205.6 151.6 168.4 165.8 168.4 177.9 228.1 154.1 172.9 169.5 172.8 179.6 255.9 157.0 177.6 173.4 177.6 183.0 272.7 160.5 183.0 177.7 183.0 185.5 301.6 164.7 187.7 182.1 187.7 189.2 317.6 168.3 192.0 186.2 192.0 195.7 320.5 172.1 196.8 191.2 196.7 201.9 324.8 176.2 201.5 195.8 201.5 205.5 351.2 179.7 205.3 199.8 205.4 207.3 360.6 183.4 209.0 204.2 209.0 210.6 360.4 187,6 213.0 208.4 213.0 211.7 366.1 191.6 215.6 210.9 215.6 215.3 361.9 194.3 217.6 213.2 217.7 216.9 348.1 197.3 27 28 29 162.1 162.5 166.0 166.7 169.7 170.6 173,5 174.3 177.9 178.9 182.2 183.4 186,3 187.8 191.3 192.3 195.9 197.1 199.9 201.2 204,2 205.7 208.5 209.4 210.9 211.8 213.3 214.0 .• 3 4 5 .. 6 Gross private domestic investment Fixed investment .. Nonresidential Structures • Producers' durable equipment... Residential . , ,. 7 8 9 10 11 12 ..... 13 Net exports of goods and services Exports Imports • •• ,. , Government purchases of goods and services Federal National defense Nondefense State and local . .. Addenda: Gross domestic purchases 1 Final sales Final sales to domestic purchasers J , Personal consumption expenditures, food Personal consumption expenditures energy Other personal consumption expenditures Gross domestic product Business , • • « .. • 1 Gross domestic purchases equals gross national product less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 101 SURVEY OF CURRENT BUSINESS July Table 7.3.—Implicit Price Deflators for Gross National Product by Major Type of Product [Index numbers, 1972=100] Seasonally adjusted Line 1976 1977 1978 1980 1979 1977 1981 1978 I II III IV I II III IV 1 132.34 140.05 150.42 163.42 178.64 195.51 136.80 139.01 141.03 143.24 145.12 148.89 152.02 155.38 2 3 132.2 139.7 150.3 163.3 178.7 195.3 136.4 138.7 140.6 143.1 145.1 148.6 151.8 155.2 4 131.3 136.1 144.8 157.2 171.0 187.0 133.8 135.5 137.2 138.0 139.6 143.6 146.5 149.2 5 6 131.0 135.3 144.3 156.8 171.2 186.4 132.8 134.7 136.2 137.5 139.5 142.9 145.9 148.6 Durable goods Final sales Change in business inventories ..... „....,.. 7 8 9 129.1 128.8 134.5 134.1 141.7 140.9 152.3 151.9 165.6 165.9 180.2 179.5 132.7 132.6 133.6 133.1 135.1 134.4 136.4 136.1 138.3 137.4 140.6 139.6 142.4 141.5 145.3 144.6 Nondurable goods Final sales .. Change in business inventories 10 11 12 133.0 132.7 137.4 136.3 147.3 147.0 161.3 160.8 175.0 175.2 192.0 191.5 134.5 133.0 136.9 135.9 138.8 137.5 139.3 138.6 140.7 141.0 146.2 145.6 149.8 149.3 152.4 151.9 Services 13 131.0 140,5 150,8 162.5 178.4 196.1 137.0 139.2 141.4 144.2 146.3 149.2 151.9 155.6 Structures 14 144.5 157.7 176.7 200.3 223.4 241.8 151.3 155.9 158.3 164.9 166.7 173.6 179.8 186.2 15 16 133.9 133.8 142.6 142.3 153.1 152.9 166.7 166.6 183.2 183.3 199.3 199.2 139.3 138.9 141.5 141.2 143.6 143.3 146.0 145.8 148.0 148.0 151.5 151.3 154.6 154.4 157.8 157.7 Gross national product Final sales Change in business inventories , , . ... Goods Final sales Change in business inventories ,. Addenda: Gross domestic purchases J Final sales to domestic purchasers * , , Seasonally adjusted 1979 Line I II 1981 1980 III IV I II III IV I II 1982 in IV I II Gross national product 1 158.60 161.85 165.12 168.05 172.31 176.52 180.60 185.16 190.01 193.17 197.36 201.55 203.68 206.35 Final sales . . . Change in business inventories.. 2 3 158.5 161.6 164.9 168.0 172.1 176.3 181.0 185.6 189.5 193.1 197.4 201.3 204.0 206.7 4 152.9 156.5 159.0 160.6 164.9 169.3 172.9 176.8 182.6 185.0 188.9 191.5 191.8 193.9 Final sales Change in business inventories 5 6 152.7 155.7 158.4 160.4 164.3 168.7 173.9 177.8 181.5 184.7 188.8 190.9 192,7 194.9 Durable goods Final sales.. Change in business inventories ..... 7 8 9 148.3 147.7 151.6 150.8 154.3 153.8 155.0 155.3 159.1 160.4 165.4 164.9 166.7 167.7 171.2 170.7 174.6 173.9 179.7 178.9 183.1 181.8 183.5 183.9 182.0 184.2 185.4 185.7 10 11 12 156.9 156.8 160.5 159.7 162.9 162.1 164.9 164.5 169.4 167.4 172.2 171.6 177.5 178.6 181.1 183.1 188.7 187.3 189.1 189.0 193.2 194.0 197.0 195.8 198.3 198.7 199.9 201.3 Services 13 158.0 160.4 163.6 167.7 171.7 176.0 180.2 185.5 189.5 193.3 198.2 203.5 207.2 210.5 Structures.. .. 14 191.5 197.2 203.8 208.6 215.1 221.7 227.4 230.0 234.6 239.7 243.7 249.7 251.8 253.7 15 16 161.1 161.0 164.8 164.5 168.6 168.3 172.5 172.4 177.4 177.1 181.5 181.2 184.6 185.0 189.4 189.8 194.1 193.6 197.4 197.4 200.9 200.9 205.0 204.8 206.7 207.0 209.0 209.3 Goods Nondurable goods.... Final sales Change in business inventories Addenda: Gross domestic purchases * Final sales to domestic purchasers * • 1 Gross domestic purchases equals gross national product less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports. NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. 102 SURVEY OF CURRENT BUSINESS July Table 7.4.—Implicit Price Deflators for Gross National Product by Sector [Index numbers, 1972=100] Seasonally adjusted Line , , 1977 1978 1979 1980 1977 1981 1978 I II III IV I II III IV 1 132.34 140.05 150.42 163.42 178.64 195.51 136.80 139.01 141.03 143.24 145.12 148.89 152.02 155.38 2 132.3 140.1 150.4 163.4 178.7 195.5 136.8 139.0 141.0 143.3 145.1 148.9 152.0 155.4 • ., 3 4 5 6 7 8 132.1 131.8 132.9 121.6 142.9 132.1 139.6 139.4 140.5 128.9 146,0 139.6 150.1 149.2 150.5 137.7 180.1 150.1 163.4 162.1 163.8 147.8 209.4 163.4 178.8 178.4 180.5 160.9 191.0 178.8 195.6 195.5 198.0 174.8 197.4 195.6 136.3 136.0 137.1 125.8 146.7 136.3 138.6 138.4 139.5 127.9 145.6 138.6 140.6 140.7 141.9 129.9 139.2 140.6 142.6 142.3 143.5 131.7 152.9 142.6 144.5 144.1 145.3 134.0 156.2 144.5 148.6 147.7 148,9 136,6 181.0 148.6 151.8 150.9 152.3 138.8 184.9 151.8 155.1 153.9 155.3 141.4 199.6 155.1 Gross nations! product Gross domestic product Business Nonfarm Nonfarm less housing Housing ,...,,...., Farm . Statistical discrepancy 1976 Households and institutions Private households ... Nonprofit institutions 9 10 11 135.9 143.4 135.2 146.0 155.0 145.1 156.7 165.6 155.9 169.7 180.1 168.7 186.6 195.6 185.9 205.5 212.1 205.0 143.4 153.4 142.4 145.0 154.8 144.0 146.7 155.7 145.8 148.8 156.0 148.1 152.4 159.0 151.7 154.7 163.6 153.9 158.2 167.9 157.3 161.3 172.5 160.3 Government Federal State and local 12 13 14 133.0 128.5 135.3 142.4 136.5 145.4 151.7 145.6 154.6 161.7 154.6 165.0 175.6 167.5 179.4 192.1 185.7 195.0 139.0 134.2 141.3 141.1 134.6 144.2 142.8 134.7 146.7 146,8 142,3 149.0 148.4 143.1 150.9 149.9 143.7 152.9 152.1 144.6 155.8 156.3 151.1 158.7 15 131,5 139.0 149.0 161.8 176.7 193.6 135.8 138.0 140.0 142.0 143,8 147.6 150.6 153.8 16 133.1 140.5 151.1 164.8 180.4 197.4 Rest of the world Addendum: Gross domestic business product less housing Seasonally adjusted 1979 Line I Gross national product Gross domestic product . . . II 1981 III I IV 1982 II I IV III II 1 158.60 161.85 165.12 168.05 172.31 176.52 180.60 185.16 190.01 193.17 197,36 201.55 203.68 206.35 2 158.6 161.9 165.2 168.1 172.3 176.6 180.6 185.2 190.0 193.2 197.4 201.6 203.7 206.4 167.9 166.9 168.5 152.8 205.3 167.9 172.4 172.0 173.9 155,7 186.3 172.4 176.7 176.8 179.0 158.8 173,6 176.7 181.0 180.5 182.7 162.5 196.9 181.0 185.1 184.5 186.6 166.4 209.2 185.1 190.2 189.7 192.1 169.6 207.4 190.2 193.3 193.0 195.4 172.7 203.6 193.3 197.6 197.7 200.2 176.5 195.8 197.6 201.4 202.0 204.6 180.4 185.5 201.4 203.3 203.7 206.2 183.5 191.1 203.3 205.9 206.3 208.8 186.0 195.0 158.5 157.0 158.5 143.4 213.5 158.5 162.0 160.6 162.2 145.8 211.0 162.0 9 10 11 164.7 176.0 163.7 167.2 178.5 166.3 170.7 181.4 169.8 175.8 184.3 175.0 179.7 190.5 178.8 184.9 193.4 184.2 188.1 197,0 187.4 193.5 201.6 192.9 198.7 206.2 198.1 203.6 209.7 203.1 207.8 214.2 207.3 211.9 218.4 211.4 216.1 232.7 215.0 219.4 233.5 218.5 12 . 13 14 158.0 151.9 160.9 159.7 152.3 163.2 162.0 152.7 166.4 167.0 161.5 169.5 170.0 162.8 173.4 172.9 163.4 177.3 175.8 163.9 181.4 183.6 179.8 185.3 186.5 181.3 189.0 189.6 182.1 193.0 192.6 182.8 197.2 199.6 196.7 200.9 202.8 198.2 204.9 205.9 198.7 209.3 15 157.1 160.3 163.4 166.2 170.5 174.5 178.5 183.3 188.2 191.3 195.4 199.5 201.8 204.6 ., Government Federal State and local I IV 3 4 5 6 7 8 . Households and institutions..., Private households . . . . Nonprofit institutions.... , HI 165.3 164.1 165.8 149.1 208.0 165.3 Business Nonfarm less housing. Housing Farm ... . . Statistical discrepancy II 1980 Rest of the world Addendum: Gross domestic business product less housing 16 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. , Table 7.5.—Implicit Price Deflators for the Relation of Gross National Product, Net National Product, and National Income [Index numbers, 1972=100] Seasonally adjusted Line 1976 1977 1978 1979 1980 1981 1978 1977 I II III IV I II III IV 1 132.34 140.05 150.42 163.42 178.64 195.51 136.80 139.01 141.03 143.24 145.12 148.89 152.02 155.38 Less: Capital consumption allowances with capital consumption adjustment. 2 139.9 150,3 163.8 179.0 196.0 212.1 146.0 148.5 151.1 155.5 157.4 161.5 165.9 170.1 Equals* Net national product 3 131.5 139.0 149.0 161.8 176.7 193.6 135.8 138.0 140.0 142.0 143.8 147.6 150.6 153.8 Less: Indirect business tax and nontax liability plus 4 business transfer payments less subsidies plus current surplus of government enterprises. 125.6 128.4 131.6 137.8 151.4 174.7 127.1 128.9 129.8 127.7 130.6 133.3 131.3 131.4 5 132.1 139.6 150.1 163.4 178.8 195.6 136.3 138.6 140.6 142.6 144.5 148.6 151.8 155.1 6 132.2 140.3 151.1 164.6 179.8 195.9 136.9 139.1 141.2 143.7 145.4 149.3 152.9 156.5 Gross national product Statistical discrepancy Equals: National income . . . July 103 SURVEY OF CURRENT BUSINESS Table 7.5.—Implicit Price Deflators for the Relation of Gross National Product, Net National Product, and National Income—Continued [Index numbers, 1972=100] Seasonally adjusted 1980 1979 IV III 1981 III IV 1982 III IV 158.60 161.85 165.12 168.05 172.31 176.52 180.60 185.16 190-01 193.17 197.36 201.55 203.68 206.35 Less: Capital consumption allowances with capital consumption adjustment. 172.9 176.5 181.2 185.1 189.0 194.1 198.7 201.9 205.7 209.9 214.4 218.5 218.9 220.5 Equals: Net national product 157.1 160.3 163.4 166.2 170.5 174,5 178.5 183.3 188.2 191.3 195.4 199,5 201.8 204.6 Less: Indirect business tax and nontax liability plus business transfer payments less subsidies plus current surplus of government enterprises. 134.6 137.4 138.3 141.0 144.2 149.2 152.5 159.6 170.0 174,6 175.8 178.0 175.6 179.2 158.5 162.0 165.3 167.9 172.4. 176.7 181.0 185.1 190.2 193.3 197.6 201.4 203.3 163.0 166.4 169.2 173.6 177.6 181.8 186.2 190.5 193.3 197.8 202.2 205.1 Gross national product- Statistical discrepancy Equals: National income 159.8 , Table 7.6.—Implicit Price Deflators for Net National Product and National Income by Sector [Index numbers, 1972=100] Net national product..... , , ..„....., Households and institutions Government , , „ Rest of the world National income Domestic income... Business Nonfarm Nonfarm less housing Housing Farm ,. Households and institutions Government.. ,. , ..,„..„ , Rest of the world 1981 1980 149.0 161.8 176.7 193.6 176.7 193.6 2 131.5 139.0 149.0 161.8 3 131.1 138.2 148.3 161.4 176.4 193.3 4 5 6 7 8 130.8 132.2 116.1 142.9 132.1 138.1 139.7 121.9 142.8 139.6 147.5 149.4 127.9 183.6 150.1 160.1 162.6 135.1 217.0 163.4 176.2 179.3 147.1 184.9 178.8 193.4 196.8 160.8 188.2 195.6 9 10 135.9 133.0 146.0 142.4 156.7 151.7 169.7 161.7 186.6 175.6 205.5 192.1 11 131.5 139.0 149.0 161.8 176.7 193.6 12 132.2 140.3 151.1 164.6 179.8 195.9 13 132.3 140.3 151.1 164.7 179.9 196.0 14 131.9 139.7 150.8 164.9 180,2 196.1 15 16 17 18 132,1 133.2 118.1 125.4 140.0 141.1 124.8 129.1 150.3 151.3 136.7 169.2 164.1 165.1 150.1 193.8 180.8 181.8 168.6 160.7 197.0 197.9 185.8 169.9 19 20 135.9 133.0 146.0 142.4 156.7 151.7 169.7 161.7 186.6 175.6 205.5 192.1 21 131.5 139.0 149,0 161.8 22 23 132.4 132.7 139.5 140.5 150.0 151.5 163.6 165.6 Net domestic product Nonfarm Nonfarm less housing Housing , Farm Statistical discrepancy 1979 1978 139.0 131.5 1 Business 1977 1976 Line 193.6 Addenda: Net domestic business product less housing Domestic business income less housing , 196.0 196.3 178.9 180.6 Table 7.7.—Current-Dollar Cost and Profit per Unit of Constant-Dollar Gross Domestic Product of Nonfinancial Corporate Business [Dollars] Seasonally adjusted Line 1976 1977 1978 1979 1980 1977 1981 I II 1978 III IV I II III IV Current-dollar cost and profit per unit of constant-dollar gross domestic product V 1.343 1.418 1.508 1.617 1.787 1.966 1.386 1.408 1.4.31 1.445 1.462 1.495 1.524 1.548 Capital consumption allowances with capital consumption adjustment. 0.141 0.145 0.155 0.171 0.200 0.222 0.145 0.144 0.144 0.148 0.152 0.151 0.156 0.159 .... 1.203 1.272 1.353 1.447 1.587 1.743 1.241 1.264 1.286 1.296 1.310 1.344 1.368 1.389 Indirect business tax and nontax liability plus business transfer payments less subsidies. Domestic income. ,. Compensation of employees Corporate profits with inventory valuation and capital consumption adjustments. Profits tax liability , Profits after tax with inventory valuation and capital consumption adjustments. Net interest...... 0.141 0.141 0.144 0.149 0.173 0.202 0.142 0.140 0.141 0.142 0.145 0.145 0.143 0.144 1.061 0.878 0.144 1.131 0.928 0.163 1.209 0.998 0.168 1.298 1.094 0.154 1.415 1.211 0.143 1.541 1.305 0.165 1.099 0.913 0.147 1.124 0.920 0.164 1.146 0.928 0.176 1.154 0.950 0.162 1.165 0.975 0.148 1.199 0.982 0.173 1.225 1.007 0.174 1.246 1.025 0.176 0.071 0.073 0.075 0.088 0.079 0.089 0.079 0.075 0.075 0.068 0.072 0.093 0.073 0.074 0.076 0.089 0.076 0.100 0.075 0.087 0.068 0.080 0.081 0.093 0.082 0.092 0.085 0.090 0.040 0.040 0.044 0.050 0.061 0.071 0.038 0.039 0.042 0.042 0.043 0.043 0.044 0.045 Net domestic product , 104 July SURVEY OF CURRENT BUSINESS Table 7.7.—Current-Dollar Cost and Profit per Unit of Constant-Dollar Gross Domestic Product of Nonfinancial Corporate Business—Continued [Dollars] Seasonally adjusted 1980 1979 Line 1981 1982 I II III IV I II III IV I II HI IV I 1 1.572 1,602 1.634 1.661 1.717 1.770 1.811 1.852 1.906 1.940 1.987 2.030 2.045 Capital consumption allowances with capital con- 2 sumption adjustment. 0.162 0.168 0.173 0.180 0.186 0.200 0.206 0.208 0.211 0.218 0.224 0.236 0.242 3 1.411 1.434 1.461 1.481 1.531 1.570 1.605 1.644 1.695 1.722 1.763 1.795 1.803 4 0.145 0.148 0.150 0.154 0.158 0.169 0.178 0.186 0.196 0.202 0.203 0.208 0.205 5 6 7 1.266 1.053 0.167 1.286 1.079 0.159 1.311 1.107 0.152 1.327 1.136 0.137 1.373 1.168 0.148 1.401 1.208 0.133 1.427 1.224 0.143 1.458 1.245 0.147 1.500 1.267 0.170 1.519 1.289 0.161 1.560 1.315 0.171 1.586 1.349 0.159 1.598 1.376 0.140 8 9 0.082 0.085 0.080 0.079 0.079 0.073 0.075 0.062 0.085 0.063 0.063 * 0.070 0.075 0.068 0.078 0.069 0.081 0.089 0.069 0.091 0.074 0.097 0.063 0.096 0.045 0.095 10. 0.046 0.048 0.052 0.055 0.057 0.060 0.061 0.066 0.062 0.069 0.074 0.078 0.082 Current-dollar cost and profit per unit of constant-dollar gross domestic product :. Net domestic product Indirect business tax and nontax liability plus business transfer payments less subsidies. Domestic income Compensation of employees Corporate profits with inventory valuation and capital consumption adjustments. Profits tax liability Profits after tax with inventory valuation and capital consumption adjustments. Net interest 1 II Equals the deflator for gross domestic product of nonfinancial corporate business with the decimal point shifted two places to the left. Table 7.8.—Implicit Price Deflators for Auto Output [Index numbers, 1972=100] Seasonally adjusted Line 1976 1977 1979 1978 1980 1981 1977 I 1978 II III IV I II III IV 1 123.4 128.4 138.0 144.7 154.6 166.8 126.9 126.8 127.5 132.3 135.0 137.1 139.3 140.4 Final sales Personal consumption expenditures New autos Net purchases of used autos Producers' durable equipment . ... New autos Net purchases of used autos Net exports Exports Imports Government purchases of goods and services 2 3 4 5 6 7 8 122.9 129.2 122.3 128.7 136.5 128.6 137.3 147.2 138.4 145.5 158.0 149.3 154.5 169.2 161.1 166.5 186.8 170.9 127.4 135.0 125.9 127.5 135.3 127.1 128.2 136.3 128.7 131.7 139.4 132.7 133.9 142.3 135.1 135.9 144.9 137.1 139.1 149.5 139.7 140.2 151.5 141.7 109.5 122.3 115.4 128.8 127.0 138.6 133.0 149.2 146.2 161.6 142.8 171.4 109.6 125.9 111.5 127.2 116.6 129.0 123.8 133.0 126.6 135.4 127.2 137.3 127.0 139.8 127.1 141.7 122.5 143.1 120.5 128.6 155.0 123.5 137.1 175.2 130.7 147.0 196.5 136.9 159.4 213.5 144.1 172.8 232.1 144.1 126.1 145.7 119.9 128.0 149.9 120.8 129.6 160.0 124.5 131.3 163.0 128.6 133.4 167.7 130.3 137.1 173.8 130.3 138.9 177.6 131.1 138.9 181.1 131.4 Change in business inventories of new and used autos. 13 122.3 122.4 128.6 128.6 138.4 138.5 149.0 149.4 161.2 161.3 171.3 171.1 125.9 125.9 127.2 127.1 128.8 128.7 132.6 132.8 135.0 135.1 137.2 137.1 •139.7 139.7 141.4 141.6 Auto output . . .. 9 10 11 12 Addenda: Domestic output of new autos Sales of imported new autos 2 l , 14 15 Seasonally adjusted I II III IV I 1982 1981 1980 1979 Line II III IV I II III IV I II 1 142.6 142.5 146.3 148.1 150.1 153.3 154.6 160.0 158.8 165.8 172.7 169.7 171.0 175.1 Final sales Personal consumption expenditures. , New autos Net purchases of used autos Producers' durable equipment , New autos Net purchases of used autos Net exports Exports Imports . . . Government purchases of goods and services.... 2 3 4 5 6 7 8 143.4 154.6 145.1 144.6 158.2 148.7 146.6 159.4 151.0 147.9 160.3 152.7 151.8 163.5 156.5 152.2 166.9 160.0 154.5 170.8 163.6 159.4 176.1 165.1 160.2 177.4 165.2 165.8 185.6 170.3 170.1 190,8 173.8 171.3 195.0 175.4 172.2 194.9 175.5 175.5 198.4 177.3 128.8 145.1 132.7 148.6 133.8 151.1 137.9 152.8 142.5 156.7 149.7 160.4 151.7 1641 142.2 165.5 138.4 165.6 147.0 170.8 143.3 174.0 142.6 175.6 140.7 175.8 144.5 177.1 10 11 12 142.9 186.9 133.6 147.3 199.0 136.1 147.3 199.3 138.6 150.1 200.2 139.4 154.0 202.8 142.3 158.1 211.2 144.5 163.4 224.0 147.1 164.2 215.8 142.9 166.0 229.0 141.8 172.9 231.6 144.3 174.9 232.9 146.6 180.2 234.6 143.2 178.8 232.9 143.0 179.2 230.2 144.5 Change in business inventories of new and used autos. 13 145.2 145.1 148.4 148.7 150.9 151.0 152.7 152.7 156.5 156.5 159.7 160.0 163.7 163.6 . 164.9 165.1 165.4 165.3 170.6 170.4 173.9 173.8 175.7 175.5 175.2 175.6 177.3 177.3 Auto output. . . . •.. . .... 9 Addenda: Domestic output of new autos 1 Sales of imported new autos 2 .. .. 1 2 14 15 Consists of final sales and change in business inventories of new autos produced in the United States. Consists of personal consumption expenditures, producers' durable equipment, and government purchases. 105 SURVEY OF CURRENT BUSINESS July Table 7.9.—Implicit Price Deflators for Truck Output [Index numbers, 1972=100] Seasonally adjusted Line 1977 1976 1978 1980 1979 1981 I Truck output l Final sales Personal consumption expenditures ..,....., , Producers' durable equipment ...... Net exports Exports , . ., ,. ... . ,....., , . ,. Imports Government purchases of goods and services..... Change in business inventories „,.,...„.... 1978 1977 II III IV I II IV III 1 131.6 141.4 153.4 169.1 188.7 208.6 137.3 139.8 142.3 145.9 148.4 151.2 155.1 158.1 2 .... 3 4 5 6 7 8 131.7 122.4 136.6 141,2 128.9 148.4 153.4 138.7 162.3 169.1 149.3 177.2 188.6 161.0 196.6 209.4 171.2 221.7 137.5 126.2 143.9 139.5 127.3 146.3 142.0 129.0 149.4 145.7 132.7 153.8 149.0 135.2 157.2 151.4 137.4 160.3 155.3 140.2 164.6 157.7 141.7 166.4 i'86.6 131.3 136.6 148.3 142.2 148.3 162.5 152.1 162.2 177.5 163.7 177.5 195.0 176.4 197.5 219.7 195.5 221,8 144.3 138.7 143.9 146.5 140.3 146.3 149.4 142.0 149.4 153.3 146,5 153.8 157.5 148.0 157.2 160.1 161.1 160.3 164.3 152.9 164.5 167.5 156.0 166.5 9 . Seasonally adjusted Truck output *. .,.,....., 1981 1982 I II m IV I II III IV I II III .„ „,.„ ,.,..„,..,„.., 1 163.8 169,1 171.6 174.2 180.6 186.3 192.7 196.9 202.1 206.4 211.3 2 3 , 4 5 6 7 8 162.8 145.2 171.3 169.5 149.1 177,1 170.8 151.7 177.8 174,7 152.5 183.7 180.6 156.6 188.4 185.5 160,1 192.3 192.7 163.5 201.1 198.0 165.2 207.3 201.9 165.3 212.5 207.9 170.5 219.7 211.2 173.8 224.8 170.9 160.9 171.4 177.4 164.1 177.2 180.3 165.4 177.8 181.4 164.4 183.7 186.1 168.7 188.4 191.2 168.7 192.3 197.4 180.0 201.1 205.2 186.4 207.3 210.6 185.3 212.5 217.6 191.6 219.6 224.2 201.6 224.7 228.9 201.6 231.4 Final sales ... ,..,..„......,„..„ „ Personal consumption expenditures Producers' durable equipment Net exports ... . ,, Exports . Imports Government purchases of goods and services I II 215.3 211.5 210.0 217.8 175.4 231.4 211.7 175.6 2311 211.4 177.3 231.3 231.1 201.9 231.0 231.3 206.5 231.2 IV 9 Change in business inventories 1 1980 1979 Line Includes new trucks only. Table 7.10.—Implicit Price Deflators for Total Farm Output, Gross Product, and Income [Index numbers, 1972=100] Line 1977 1976 1978 1979 1981 1980 1 151.5 153.4 174.4 201.4 206.7 216.8 2 148,3 146.7 167.9 193.9 197.6 203.8 3 170.6 1305 1958 138.8 1530 169.1 1293 2472 143.0 1612 177.6 1600 2912 169.9 172.4 198.3 190.1 3698 193.1 186.2 209.6 186.3 476.5 192.5 216,8 222.9 186.4 6038 204.9 240.2 . 11 12 13 159.5 156.9 1828 1602 157.8 1812 1696 1669 1951 1946 192,2 2182 2209 219.4 2341 2367 235.2 2497 .... 14 142.9 146.0 180.1 209.4 191.0 197.4 Less: Capital consumption allowances with capital consumption 15 adjustment. Indirect business tax and nontax liability,. ,.. 16 Plus: Subsidies to operators ., „. ...„„.. 17 142.9 156,0 169.8 187.2 208.1 226.6 1326 133.2 134.9 141.0 153.5 144.0 18 125.4 129.1 160.2 193.8 1607 1699 Farm Output.... , „ ........ , , .,,.,.„ Cash receipts from farm marketings and net Commodity Credit Corporation loans. Crops Livestock... ,. „..,„. ,„,.,,,..„., Gross rental value of 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.. . Equals: Gross farm product . Equals: Income... ,,..,....., . .„.„...„. , ...„. 4 5 6 7 8 9 10 106 SURVEY OF CURRENT BUSINESS July Table 7.11.—Implicit Price Deflators for Personal Consumption Expenditures by Major Type of Product [Index numbers, 1972=100] Seasonally adjusted Line 1976 1977 1978 1979 1980 1981 I Personal consumption expenditures Durable goods Motor vehicles and parts Furniture and household ep.uipment Other Nondurable goods Food Clothing and shoes Gasoline and oil Other nondurable goods Fuel oil and coal Other Services Housing Household operation. Electriciy and gas Other Transportation Other..... . 1978 1977 II III IV I II III IV 1 131.7 139.3 149.1 162.5 179.2 194.5 136.5 138.3 140.3 142.2 144.4 147.7 150.5 153.5 2 123.9 129.2 136.4 145.0 156.3 167.5 127.9 128.3 129.4 131.0 132.7 135.2 137.7 139.7 3 4 5 126.6 120.9 123.6 133.6 124.1 128.5 143.0 129.0 135.2 154.2 135.4 145.1 166.8 143.6 165.2 181.8 151.7 175.6 132.0 123.0 127.2 132.2 123.7 127.7 133.7 124.5 128.8 136.3 125.3 129.9 138.6 126.0 132.1 141.3 128.1 134.2 145.0 129.7 136.0 146.9 131.9 138.3 6 137.2 143.6 153.4 169.9 188.4 202.7 140.9 143.0 144.6 146.0 148.2 152.3 154.9 157.9 7 8 9 10 11 12 140.5 117.9 164.3 136.8 212.0 131.2 146.4 122.5 173.7 145.3 239.9 138.6 160.6 125.5 181.3 153.7 252.7 146.7 177.0 129.2 243.2 168.4 340.2 156.4 190.8 134.3 338.7 187.5 470.6 170.7 206.9 138.5 376.7 203.8 571.6 185.4 143.3 121.0 169.4 142.6 231.7 136.1 145.5 121.8 175.4 144.2 239.4 137.7 147.5 123.3 174.8 146.0 242.5 139.3 149.4 123.8 175.3 148.3 246.2 141.4 153.0 123.4 175.6 150.6 248.5 143.2 159.4 125.7 178.3 152.2 250.2 145.2 163.2 125.8 182.7 154.5 251.2 147.9 166.7 126.8 188.4 157.5 261.0 150.3 13 129.6 139.3 150.0 162.3 178.8 196.3 135.7 137.9 140.5 143.0 145.3 148.4 151.4 154.8 14 15 16 .. 17 18 19 123.4 137.7 155.1 125.8 125.5 133.1 131.6 147.2 170.8 130.9 141.8 142.8 141.2 155.9 184.8 136.5 150.5 155.6 152.5 165.2 203.8 140.5 160.8 170.3 166.7 181.6 238.1 146.1 184.5 187.5 181.6 203.2 270.9 160.1 201.9 205.8 128.4 144.8 166.5 129.2 136.3 138.9 130.5 145.4 168.2 130.2 141.1 141.2 132.5 148.5 172.6 131.5 144.1 143.9 134.9 150.1 175.9 132.6 145.6 147.0 137.2 152.5 179.0 134.0 148.2 149.2 139.8 155.2 185.0 135.4 149.7 153.3 142.3 157.0 186.3 137.6 150.6 157.5 145.3 158.8 189.1 138.8 153.7 162.1 Seasonally adjusted Line Personal consumption expenditures Durable goods Motor vehicles and parts Furniture and household "•|uipment Other Nondurable goods Food Clothing and shoes Gasoline and oil Other nondurable goods Fuel oil and coal..... Other Services Housing Household operation Electriciy and gas Other Transportation Other. 1979 1980 1982 1981 I II III IV I II III IV I II III IV I II 1 157.0 160.5 164.2 168.1 172.8 177.1 181.2 185.5 189.2 192.6 196.4 199.8 202.2 204.0 .. 2 142.1 144.0 145.8 148.1 151.9 154.4 158.0 161.1 163.0 166.2 169.7 171.3 173.0 174.6 3 4 5 150.2 133.6 140.4 153.7 134.6 143.0 155.6 135.6 146.1 157.6 137.8 150.9 161.5 140.2 157.5 164.6 142.5 163.6 168.5 144.9 167.9 172.9 146.7 171.7 174.3 148.7 173.0 180.6 150.9 174.4 185.2 152.9 176.0 188.0 154.4 179.0 188.0 155.7 181.2 190.9 157.0 180.6 6 162.7 167.8 172.4 176.6 181.9 186.2 190.5 195.1 199.3 201.7 204.2 205.6 206.8 206.9 7 8 9 10 11 12 172.6 127.4 198.3 161.2 274.4 153.0 176.1 128.9 229.7 165.3 310.9 155.0 177.8 129.6 265.0 171.2 372.6 157.2 181.2 130.7 284.3 175.5 409.8 160.5 183.2 132.8 326.3 181.0 449.0 164.6 186.8 133.5 344.2 185.7 469.0 169.0 193.5 134.7 340.6 190.0 477.4 172.7 199.6 136.4 343.3 193.3 488.6 176.5 203.3 136.9 374.1 198.6 555.2 180.0 205.2 138.0 381.2 202.6 577.1 183.9 208.9 139.5 373.1 205.5 574.6 187.0 210.1 139.7 378.5 208.5 580.7 190.7 213.4 140.2 363.9 210.7 568.5 194.6 215.5 141.1 335.2 214.3 541.8 198.7 13 157.5 160.1 163.8 167.8 172.2 176.5 180.9 185.4 189.6 193.4 198.6 203.6 207.4 210.7 14 15 16 17 18 19 147.6 161.0 193.5 139.0 152.7 165.9 150.2 163.0 199.5 139.5 158.1 168.3 153.8 166.5 207.9 140.9 163.5 171.6 158.1 170.2 214.6 142.3 168.7 175.3 161.1 173.5 222.7 143.7 175.7 180.9 164.4 178.3 235.0 143.2 181.8 185.6 168.4 185.2 243.2 147.6 187.8 189.2 172.7 189.1 250.2 149.7 193.0 193.9 176.0 193.4 257.2 153.4 197.5 198.8 179.4 198.9 265.2 157.1 199.2 202.8 183.4 207.3 277.7 162.4 204.0 208.0 187.8 212.6 282.9 167.5 207.3 213.7 191.1 219.1 293.4 170.3 209.7 217.2 194.0 223.2 302.0 173.4 213.7 220.6 107 SURVEY OF CURRENT BUSINESS July Table 7.12.—Implicit Price Deflators for Personal Consumption Expenditures by Type of Product [Index numbers, 1972=100] Line Personal consumption expenditures 1976 1977 1980 1979 1978 1981 1 131.7 139.3 149.1 162.5 179.2 194.5 2 123.9 129.2 136.4 145.0 156.3 167.5 3 4 5 6 7 126.6 122.3 158.0 122.4 120.2 133.6 128.6 172.1 128.7 126.8 143.0 138.4 184.9 138.4 132.4 154.2 149.3 193.6 149.1 145.0 166.8 161.1 199.8 161.1 162.4 181.8 170.9 250.6 171.2 172.3 Furniture and household equipment Furniture, including matresses and bedsprings (29) Kitchen and other household appliances (30) China, glassware, tableware, and utensils (31). Radio and television receivers, and musical instruments (87) Other durable house furnishings (32) 8 9 10 11 12 13 120.9 125.7 123.4 148.3 107.1 122.9 124.1 130.4 127.8 154.5 106.9 127.5 129.0 137.2 134.4 163.8 108.4 132.7 135.4 146.3 141.7 177.3 111.0 140.2 143.6 158.6 148.8 195.7 113.3 153.3 151.7 168.9 157.4 215.3 115.6 166.9 Other.... Ophthalmic products and orthopedic appliances (46) Wheel goods, durable toys, sports equipment, boats, and pleasure aircraft (86)..... Jewelry and watches (18) . Books and maps (83).... . 14 15 16 17 18 123.6 127.2 124.5 121.2 123.0 128.5 134.5 128.3 123.0 134.4 135.2 141.3 132.7 129.5 148.1 145.1 149.1 140.8 141.5 160.7 165.2 162.6 153.9 176.9 177.3 175.6 173.6 162.8 183.7 196.8 Durable goods..... . Motor vehicles and parts New autos (65) Net purchases of used autos (66) Other motor vehicles (67) Tires, tubes, accessories, and other parts (68) . '.. Nondurable goods Food Food purchased for off-premise consumption (3) Purchased meals and beverages (4) Food furnished employees (including military) and food produced and consumed on farms (56). Addenda: Food excluding alcoholic beverages (8) Alcoholic beverages purchased for off-prem ise consumption (9) Other alcoholic beverages (10) Clothing and shoes Shoes and other footwear (12) Women's and children's clothing and accessories (14) Men's and boys' clothing and accessories (1516) 19 137.2 143.6 153.4 169.9 188.4 202.7 20 21 22 23 140.5 141.4 137.9 140.3 146.4 146.2 146.8 149.2 160.6 161.1 158.8 166.5 177.0 177.3 175.6 185.9 190.8 190.1 191.9 200.4 206.9 205.9 209.1 217.0 24 25 26 143.4 122.8 125.1 149.6 126.2 131.1 164.9 133.4 140.7 182.4 143.7 152.4 196.6 155.5 163.5 213.3 166.0 177.7 27 28 29 30 117.9 120.0 115.7 121.1 122.5 125.6 119.5 126.8 125.5 131.2 121.9 129.6 129.2 141.5 124.2 132.7 134.3 152.4 127.2 139.5 138.5 160.4 129.3 147.0 Gasoline and oil (70)...;., 31 164.3 173.7 181.3 243.2 338.7 376.7 Fuel oil and coal (40) 32 212.0 239.9 252.7 340.2 470.6 571.6 Other.... 33 Tobacco products (7) 34 Toilet articles and preparations (21) 35 Semidurable house furnishings (33). 36 Cleaning and polishing preparations, and miscellaneous household supplies and 37 paper products (34). Drug preparations and sundries (45) 38 Nondurable toys and sports supplies (85) 39 Stationery and writing supplies (35) 40 Net foreign remittances (105 less 107) 41 Other (8489) 42 131.2 120.4 135.6 130.4 164.7 138.6 126.2 143.3 137.1 177.7 146.7 133.0 151.1 145.5 190.1 156.4 141.0 161.5 157.0 205.3 170.7 152.1 176.2 170.5 229.2 185.4 164.3 194.4 181.7 252.3 119.3 117.9 145.8 175.8 132.6 127.0 121.4 154.4 179.9 140.7 135.9 126.2 158.8 '211.J 148.9 145.7 131.3 168.5 224.1 160.3 159.1 140.4 180.5 251.2 178.7 176.5 147.8 194.4 259.8 197.3 Services 43 129.6 139.3 150.0 162.3 178.8 196.3 Housing Owner-occupied nonfarm dwellings space rent (24).... Tenant-occupied nonfarm dwellings—rent (25) Rental value of farm dwellings (26) Other (27) 44 45 46 47 48 123.4 121.6 121.6 195.7 127.3 131.6 128.8 128.8 247.2 136.6 141.2 137.7 137.7 291.2 153.2 152.5 147.8 147.8 369.8 173.7 166.7 160.9 160.9 476.5 195.4 181.6 174.8 174.8 603.8 216.2 Household operation.. Electricity (37) Gas (38) Water and other sanitary services (39) Telephone and telegraph (41) Domestic service (42) Other (43).... 49 50 51 52 53 54 55 137.7 150.6 164.8 135.9 114.3 143.6 141.0 147.2 160.7 195.6 150.5 115.6 155.0 147.7 155.9 172.6 214.9 167.4 117.0 165.6 158.6 165.2 185.9 249.2 175.1 116.6 180.1 171.2 181.6 215.4 297.8 186.9 118.7 195.6 183.7 203.2 247.7 337.6 209.3 130.3 212.1 205.1 56 57 58 59 60 61 62 63 64 65 125.5 124.1 122.7 115.5 130.0 133.8 134.1 140.7 132.9 134.1 141.8 143.5 129.3 119.8 139.3 142.8 146.4 159.5 141.0 141.9 150.5 153.1 134.9 122.0 148.6 149.7 158.2 171.9 147.5 146.2 160.8 163.2 143.6 127.3 161.1 161.5 172.5 186.2 159.2 156.2 184.5 179.7 167.0 145.8 188.2 216.5 204.4 212.5 219.4 195.2 201.9 188.6 196.2 184.2 208.2 269.3 241.9 242.1 276.6 242.7 Other 66 Personal care 67 Cleaning, storage, and repair of clothing and shoes (17) 68 Barbershops, beauty parlors, baths, and health clubs (22) 69 Other (19) 70 Medical care 71 Physicians (47) 72 Dentists (48) . 73 Other professional services (49) 74 Privately controlled hospitals and sanitariums (50) 75 Health insurance (51) 76 Personal business..... , 77 Brokerage charges and investment counselling (56) 78 Bank service charges, trust services, and safe deposit box rentals (57) 79 Services furnished without payment by financial intermediaries except life insur- 80 ance carriers (58). Other (59606162) 81 Recreation 82 Admissions to spectator amusements (90) 83 Other (8894959697) 84 Private education and research 85 Higher education (99) 86 Elementary and secondary schools (100) 87 Other (101) 88 Religious and welfare activities (102) 89 Net foreign travel (104 less 106) 90 133.1 139.6 135.2 146.6 129.6 132.5 140.6 130.2 140.7 139.5 82.1 132.4 145.2 118.6 131.9 142.8 151.7 144.1 162.9 136.8 144.8 153.6 139.9 153.8 150.7 98.9 140.2 164.4 123.7 137.4 155.6 166.6 158.1 180.0 147.3 157.9 166.2 149.7 165.8 164.2 117.2 156.8 171.8 132.0 162.0 170.3 183.2 177.9 194.6 161.6 173.2 181.6 162.3 176.9 181.4 126.0 172.7 192.0 143.0 180.9 187.5 203.5 202.3 211.1 183.3 193.0 200.8 181.6 196.9 203.9 136.1 186.6 209.1 162.2 187.0 205.8 222.6 225.1 227.4 202.8 217.5 222.9 198.9 215.4 230.4 163.5 200.0 234.6 189.3 188.6 133.1 122.4 124.0 122.1 140.2 131.7 150.1 142.9 142.1 142.3 127.6 129.0 127.2 149.1 140.3 159.1 152.7 150.2 150.1 167.5 153.7 134.2 136.6 133.6 161.0 150.4 173.7 164.3 161.3 163.1 167.3 142.6 147.6 141.4 177.4 163.7 193.7 182.0 176.5 181.6 186.7 152.7 156.1 151.9 197.9 179.7 217.1 206.9 199.5 199.9 206.9 162.0 163.5 161.7 217.2 197.1 237.6 228.6 217.8 198.6 Transportation . User-operated transportation (697172) Purchased local transportation Transit systems (74) Other (7576) Purchased intercity transportation Railway (excluding commutation) (78) Bus (79).. .... Airline (80) Other (81) . . NOTE.—The figures in parentheses are the line numbers of the corresponding items in table 2.4 108 July SURVEY OF CURRENT BUSINESS Table 7.13.-r-Implicit Price Deflators for Personal Consumption Expenditures by Major Type of Product [Index numbers, 1972=100] Nondurable goods Durable goods Personal consumption expenditures Year and month Total Motor vehicles and parts Furniture and household equip^ ment Other Total Food Clothing and shoes Services Gasoline and oil Other Total Housing Household operation Transportation Other 1976 1977 1978 1979 131.7 139.3 149.1 162.5 123.9 129.2 136.4 145.0 126.6 133.6 143.0 154.2 120.9 124.1 129.0 135.4 123.6 128.5 135.2 145.1 137.2 143.6 153.4 169.9 140.5 146.4 160.6 177.0 117.9 122.5 125.5 129.2 164.3 173.7 181.3 243.2 136.8 145.3 153.7 168.4 129.6 139.3 150.0 162.3 123.4 131.6 141.2 152.5 137.7 147.2 155.9 165.2 125.5 141.8 150.5 160.8 133.1 142.8 155.6 170.3 1980 1981 179.2 194.5 156.3 167.5 166.8 181.8 143.6 151.7 165.2 175.6 188.4 202.7 190.8 206.9 134.3 138.5 338.7 376.7 187.5 203.8 178.8 196.3 166.7 181.6 181.6 203.2 184.5 201.9 187.5 205.8 June July August September October November December 135.8 136.7 137.1 137.7 138.2 139.1 139.6 140.4 140.8 141.4 142.3 142.9 127.7 127.7 128.1 127.8 128.2 128.8 129.0 129.5 129.7 130.1 131.0 131.8 131.7 131.8 132.5 131.6 132.1 133.0 133.2 133.7 134.2 135.1 136.4 137.5 122.9 122.9 123.1 123.4 123.6 124.0 124.3 124.7 124.6 124.8 125.2 125.7 127.3 127.2 127.1 127.0 128.0 128.1 128.5 128.8 129.1 129.1 129.8 130.8 140.0 141.2 141.6 142.3 142.9 143.7 144.1 144.8 144.8 145.1 146.2 146.6 141.9 143.6 144.2 145.0 145.2 146.1 146.7 147.8 148.0 148.5 149.8 150.0 120.5 121.3 121.3 121.1 121.7 122.5 123.5 123.5 122.9 123.2 124.0 124.2 166.8 170.1 171.3 174.1 175.2 177.0 175.2 175.1 174.0 174.3 175.9 175.7 142.6 142.6 142.5 143.2 144.3 145.1 145.3 145.8 146.9 147.6 148.2 149.2 134.8 135.9 136.5 137.1 137.8 138.8 139.4 140.5 141.4 142.1 142.9 143.8 127.5 128.5 129.1 129.9 130.4 131.1 131.7 132.5 133.3 134.0 134.9 135.7 144.6 144.9 144.8 145.0 144.9 146.4 147.6 148.7 149.1 150.1 149.6 150.6 135.0 136.1 137.9 138.8 141.6 142.9 142.7 144.3 145.5 144.8 145.5 146.6 137.8 139.1 139.9 140.5 141.1 142.0 142.7 143.9 145.0 145.8 147.0 148.0 1978 January February March April May June July August September October .... November December 143.7 144.4 145.2 146.2 147.8 148.9 149.5 150.4 151.6 152.7 153.7 154.2 132.1 132.5 133.4 134.2 135.2 136.2 136.9 138.1 138.1 138.9 139.7 140.3 137.8 138.5 139.5 139.9 141.3 142.7 144.1 145.4 145.5 145.8 147.0 147.8 125.8 125.9 126.4 127.5 128.1 128.7 129.0 129.8 130.4 131.4 131.9 132.4 131.6 131.9 132.8 133.7 134.2 134.9 135.4 136.0 136.5 137.5 138.4 138.9 147.6 148.1 149.0 150.8 152.4 153.6 154.3 154.9 155.6 157.0 158.0 158.7 151.4 153.0 154.5 157.1 159.5 161.7 162.5 163.2 163.9 165.7 166.6 167.6 124.4 122.7 123.2 124.8 126.0 126.2 125.7 125.8 126.0 126.7 126.9 126.8 175.1 175.8 175.7 176.9 177.5 180.4 180.8 183.2 184.0 185.5 188.9 190.9 150.0 150.7 151.3 151.9 152.5 152.3 153.9 154.2 155.4 156.4 157.6 158.3 144.3 145.4 146.1 146.8 148.7 149.7 150.1 151.1 152.9 154.0 155.0 155.5 136.5 137.2 138.0 138.8 139.9 140.7 141.3 142.2 143.3 144.3 145.3 146.3 150.8 152.8 153.7 154.2 155.1 156.3 156.8 156.8 157.5 158.3 158.3 159.7 147.5 148.4 148.6 149.5 149.5 150.0 150.2 150.3 151.2 154.0 153.9 153.2 148.3 149.2 150.0 150.7 153.9 155.2 155.5 157.0 159.9 161.0 162.7 162.6 1979 January February . . . March April May June July August September October November December 155.8 157.1 158.0 159.3 160.5 161.8 162.9 164.1 165.5 167.0 168.0 169.3 141.2 142.0 143.0 143.7 144.2 144.1 145.4 145.5 146.5 146.9 148.1 149.3 149.0 150.1 151.7 153.0 153.7 154.3 155.6 155.1 156.1 156.4 157.6 158.8 133.0 133.6 134.0 134.5 134.7 134.6 135.2 135.6 136.0 136.8 137.9 138.7 139.2 140.6 141.3 142.3 142.9 143.6 144.7 146.0 147.6 149.5 151.0 152.1 160.9 163.0 164.3 166.1 167.8 169.6 170.9 172.4 173.9 175.3 176.6 177.9 170.6 173.1 174.3 175.1 176.3 176.9 177.6 177.4 178.4 180.0 181.0 182.5 126.9 127.2 128.2 128.5 129.2 129.0 129.2 129.5 130.3 130.4 130.5 131.3 193.0 197.5 204.4 217.5 228.1 244.2 254.9 266.1 273.5 278.6 284.3 290.0 159.8 161.6 162.3 163.7 165.3 167.0 169.2 171.6 172.9 173.7 176.1 176.8 156.7 157.6 158.2 159.0 160.1 161.3 162.4 163.7 165.1 166.9 167.6 168.9 147.0 147.8 148.1 148.8 150.4 151.3 152.4 153.9 155.2 157.4 158.1 158.8 160.1 161.5 161.3 162.0 162.9 164.3 165.2 166.6 167.7 168.2 170.1 172.3 152.4 152.1 153.5 156.3 157.7 160.2 161.8 163.2 165.4 168.6 167.6 170.0 164.7 166.0 166.9 167.4 168.1 169.3 170.4 171.5 172.9 174.5 175.0 176.4 170.8 172.8 174.7 175.9 177.1 178.4 179.5 181.3 182.9 184.2 185.6 186.8 150.8 151.8 153.3 153.5 154.2 155.5 156.5 158.0 159.5 160.4 161.2 161.8 160.3 161.4 163.1 164.2 164.8 164.9 166.1 168.6 170.9 171.5 173.2 174.2 139.3 140.1 141.2 141.6142.5 143.4 144.1 144.8 145.8 146.4 146.7 147.0 154.4 157.5 160.9 161.7 162.9 166.2 165.8 168.0 169.7 170.4 172.2 172.6 179.8 181.7 184.1 185.2 186.0 187.3 188.4 190.5 192.5 193.8 195.1 196.4 182.7 182.6 184.2 185.6 187.0 187.9 190.1 193.8 196.7 198.1 199.9 201.0 132.4 132.5 133.4 133.6 133.4 133.5 134.1 134.4 135.5 136.3 136.6 136.2 308.1 329.9 341.9 344.8 343.7 344.3 341.8 341.5 338.6 340.4 343.5 345.9 178.0 181.2 183.7 183.7 185.6 188.0 188.5 190.3 191.3 191.9 192.8 195.2 170.4 172.5 173.8 175.1 176.5 178.0 179.6 181.0 182.3 184.0 185.5 186.8 160.0 161.3 162.2 162.6 164.3 166.2 167.1 168.1 169.8 -171.6 172.7 173.8 170.9 173.0 176.5 177.8 178.8 178.3 183.8 185.5 186.3 187.1 189.2 191.1 173.4 175.7 178.1 180.0 181.7 183.8 185.2 188.4 189.8 191.9 192.3 194.8 178.8 181.5 182.4 184.2 185.5 187.1 188.0 189.3 190.3 192.2 194.3 195.1 188.1 189.1 190.5 191.5 192.8 193.5 195.2 196.2 197.8 198.8 199.9 200.5 162.6 162.9 163.6 165.1 166.5 167.2 168.6 169.5 170.9 170.7 171.2 171.8 174.6 173.6 174.5 178.3 181.1 182.4 183.9 184.1 187.7 187.5 187.5 189.0 147.7 149.0 149.4 150.3 150.9 151.5 152.6 152.8 153.4 153.9 154.4 154.8 173.2 172.8 173.0 173.8 174.4 174.9 175.3 176.0 176.7 178.4 179.1 179.5 197.8 199.2 200.9 201.3 201.8 202.0 203.3 204.0 205.3 205.5 205.7 205.7 202.1 203.3 204.5 204.9 205.0 205.7 207.7 209.0 210.1 210.1 210.0 210.1 136.1 136.9 137.6 138.0 138.0 138.0 138.8 139.7 140.1 139.9 139.5 139.8 355.9 379.4 388.5 385.3 380.9 377.6 373.5 373.0 372.9 376.8 379.7 379.0 198.5 197.5 199.9 201.2 203.0 203.6 204.8 205.1 206.5 207,6 208.5 209.4 188.3 189.6 191.0 191.9 193.6 194.8 196.9 198.7 200.3 201.9 203.9 204.9 175.0 175.9 177.0 178.1 179.6 180.4 181.4 183.6 185.1 186.6 187.7 189.0 192.9 193.2 194.2 195.8 199.4 201.4 206.1 207.4 208.6 210.7 212.4 214.6 196.9 198.0 197.5 197.7 199.4 200.4 203.3 203.8 205.0 206.7 207.6 207.7 196.8 198.6 201.0 201.5 202.8 204.0 206.2 208.0 209.9 211.4 214.6 215.0 202.2 202.1 202.3 203.0 203.9 205.1 173.4 172.7 173.0 173.4 174.8 175.5 189.3 186.6 188.1 189.3 190.4 193.4 155.4 155.8 155.8 156.2 157.1 157.8 181.0 181.9 180.7 180.2 180.4 181.1 207.5 206.8 206.2 205.9 206.7 208.0 212.7 214.2 213.5 214.4 216.2 215.9 139.5 140.0 141.0 141.0 140.7 141.5 374.2 365.8 351.5 327.8 331.0 347.2 211.1 210.3 210.8 213.8 213.9 215.2 206.8 207.4 208.1 209.6 210.9 211.7 190.3 191.1 192.1 192.6 194.1 195.3 219.8 218.6 219.1 222.8 223.5 223.5 208.4 210.0 210.6 212.5 213.8 214.7 216.4 217.3 218.1 219.4 220.7 221.6 1977 January February March April May 1980 January February March April May June July August September October November December .... .... 1981 January February March April May June July August September........ October .... November ... December ... 1982 January February March . . April May June July 109 SURVEY OF CURRENT BUSINESS Table 7.14B.—Implicit Price Deflators for Government Purchases of Goods and Services by Type [Index numbers, 1972=100] Seasonally adjusted Line 1976 1977 1979 1978 1980 1981 1978 1977 I II III IV I II III IV 1 136.6 146.3 157.3 170.4 189.2 207.9 142.3 145.2 147.3 150.3 152.6 155.1 158.7 162.5 Federal. . National defense Durable goods Nondurable goods Services Compensation of employees Military Civilian Other services Structures 2 3 4 5 6 7 8 9 10 11 133.5 132.4 124.2 205.8 131.1 126.9 123.7 131.7 141.0 144.3 142.8 141.9 135.4 225.6 139.9 134.0 129.2 141.1 154.2 150.5 153.1 152.7 148.2 243.4 149.5 143.1 138.1 150.4 165.0 160.9 164.8 166.0 164.3 298.1 159.9 152.2 147.4 159.0 177.1 183.5 185.2 187.4 183.5 437.2 175.7 165.3 161.0 171.4 197.0 203.8 207.4 209.0 203.5 486.9 196.5 185.3 184.8 186.0 217.9 221.5 139.2 138.4 131.6 209.9 137.2 131.8 127.2 138.8 150.6 148.1 141.9 140.6 135.6 220.8 138.3 132.0 127.1 139.5 153.6 149.5 143.1 142.1 136.3 238.2 138.9 132.1 127.2 139.6 154.9 152.3 146.9 146.5 138.2 232.9 145.1 139.9 135.4 146.7 157.4 152.9 149.1 148.7 143.5 230.8 146.6 140.5 135.5 147.9 161.3 156.0 150.7 151.0 146.2 244.3 147.8 141.2 136.3 148.4 163.8 158.2 154.4 153.1 148.7 246.6 149.1 142.1 137.1 149.3 165.9 161.6 158.0 157.8 154.2 250.5 154.6 148.5 143.3 155.9 168.8 167.5 Nondefense Durable goods Nondurable goods Services Compensation of employees Other services Structures 12 13 14 15 16 17 18 135.7 127.6 144.6 125.7 153.8 131.8 162.5 126.5 181.0 174.2 204.2 194.0 140.7 127.1 144.4 132.1 145.0 116.9 147.8 125.3 149.9 133.2 150.0 131.5 156.7 126.8 158.3 134.9 132.7 131.8 134.4 145.1 142.2 141.2 143.9 152.9 151.6 150.4 153.4 166.2 161.6 159.1 165.3 186.0 176.6 171.5 183.9 208.3 193.3 186.5 203.4 222.6 139.6 138.8 141.0 148.9 140.9 139.6 143.2 151.6 141.6 139.6 144.9 153.9 146.6 146.9 146.2 156.9 147.9 147.8 148.1 159.6 149.8 148.4 151.9 163.5 151.5 149.3 155.2 168.2 157.0 156.1 158.4 173.0 19 20 21 22 23 24 25 138.3 136.3 157.4 135.9 135.3 137.9 143.5 148.4 143.6 167.6 146.4 145.4 149.5 151.9 159.7 154.2 177.0 156.5 154.6 162.2 171.6 173.7 167.1 202.2 168.0 165.0 177.3 197.5 191.6 183.0 238.6 183.8 179.4 197.7 220.8 208.2 200.5 265.3 201.0 195.0 219.5 230.3 144.1 140.5 163.7 142.1 141.3 144.5 147.0 147.2 142.5 167.4 145.2 144.2 148.0 150.5 149.7 144.5 168.8 147.8 146.7 151.0 153.3 152.4 146.9 170.5 150.3 149.0 154.3 157.4 154.7 149.8 172.4 152.3 150.9 156.7 161.2 157.6 152.6 175.1 154.7 152.9 160.2 167.0 161.2 155.7 177.6 157.7 155.8 163.7 174.8 165.1 158.4 182.8 161.0 158.7 167.9 182.7 Government purchases of goods and services State and local Durable goods . . Nondurable goods Services Compensation of employees Other services Structures Seasonally adjusted * ' 1979 Line I Government purchases of goods and services Federal National defense Durable goods Nondurable goods Services Compensation of employees . . . . . . . . Military Civilian Other services Structures Nondefense Durable goods Nondurable goods Services Compensation of employees Other services Structures State and local Durable goods Nondurable goods Services Compensation of employees Other services Structures . . .... 1980 1982 1981 II III IV I II III IV I II III IV I II 1 165.3 167.8 171.6 177.0 182.4 186.8 190.0 197.7 201.5 205.5 209.5 215.0 217.8 222.1 2 3 4 5 6 7 8 9 10 11 160.8 160.5 158.4 261.1 156.1 149.3 144.1 156.7 171.4 173.0 161.7 162.4 161.5 262.3 157.5 149.8 144.9 156.8 174.6 180.3 164.8 166.5 166.1 304.3 159.2 150.3 145.6 157.1 179.2 187.4 172.0 174.6 170.4 363.6 166.7 159.3 155.0 165.5 183.4 192.1 178.2 180.3 176.2 426.2 169.2 160.3 155.4 167.4 187.7 200.0 182.2 184.6 183.6 428.6 172.1 160.8 155.7 168.0 194.4 203.2 183.3 186.5 184.6 433.0 173.8 161.4 156.2 168.7 199.5 204.2 197.5 198.4 189.9 460.2 187.6 178.7 176.6 181.7 206.7 207.6 201.2 201.7 194.0 459.9 190.4 180'.2 178.1 183.2 211.1 213.8 204.0 206.4 201.1 495.9 192.4 180.9 178.7 184.0 215.6 219.5 207.8 207.9 205.6 488.8 194.9 181.5 179.3 184.7 220.3 224.2 216.0 219.5 212.6 503.0 207.5 198.5 203.1 192.0 223.4 227.5 218.3 223.0 216.4 479.5 210.8 199.6 203.5 194.0 232.7 231.4 223.1 227.2 225.7 498.8 211.9 200.1 203.8 194.8 234.8 232.7 12 13 14 15 16 17 18 161.3 143.4 160.3 142.8 161.5 146.5 166.9 8.9 174.1 168.3 177.9 173.3 176.8 176.7 195.7 179.7 200.3 188.2 198.9 190.0 207.4 196.7 209.4 202.9 209.6 206.3 213.7 210.1 157.9 156.8 159.6 177.9 159.3 156.9 162.8 183.1 161.3 157.1 167.0 188.8 168.0 165.5 171.4 194.5 171.2 167.4 176.4 200.9 173.3 168.1 180.8 206.4 176.0 168.7 186.1 211.1 186.3 181.9 192.6 214.7 i'89.8 183.4 199.0 217.8 191.0 184.4 200.7 221.0 193.3 185.3 205.1 224.5 199.5 193.1 209.0 227.8 202.6 195.3 213.4 230.5 204.1 196.0 216.3 232.8 19 20 21 22 23 24 25 167.9 162.4 188.3 163.4 160.9 171.2 188.4 171.3 165.8 195.9 165.9 163.2 174.5 194.3 175.6 168.5 207.3 169.5 166.4 179.0 200.3 179.9 171.6 218.2 173.1 169.5 184.1 206.1 184.8 176.4 227.9 177.3 173.4 189.4 213.9 189.6 180.8 236.8 181.8 177.3 195.6 219.8 194.0 185.3 242.4 186.1 181.4 200.8 224.3 197.8 189.6 247.2 190.2 185.3 205.1 225.4 201.7 194.5 257.7 193.8 189.0 208.8 227.8 206.3 199.0 266.1 198.8 193.0 216.5 229.8 210.7 202.6 267.7 203.7 197.2 223.9 231.7 214.3 206.0 269.5 207.7 200.9 229.0 232.3 217.5 206.5 270.5 211.6 204.9 232.3 233.6 221.5 209.6 271.0 216.2 209.3 237.6 235.2 110 SURVEY OF CURRENT BUSINESS July Table 7.15.—-Implicit Price Deflators for National Defense Purchases [Index numbers, 1972=100] Line National defense purchases .. Nondurable goods , . .. .. 141.9 152.7 166.0 187.4 209.0 135.4 148.2 164.3 183.5 203.5 ., ... , , 3 4 5 6 „ .. ... 7 8 9 10 124.1 117.6 113.4 149.5 149.3 118.5 126.7 124.4 135.7 130.3 115.4 167.4 148.3 130.8 136.0 134.3 148.9 149.6 127.2 177.2 157,5 140.1 142.1 145.9 165.6 167.0 155.7 190.7 172.0 150.9 153.4 159.7 184.9 187.7 177.6 209.2 193.9 165.6 169.7 178.0 205.3 209.5 206.1 223.5 231.7 176.0 186.5 197.6 . 11 205.8 225.6 243.4 298.1 437.2 486.9 , 12 13 14 15 300.3 154,0 131.8 140.9 339.3 162.0 140.7 153.3 364.1 176.9 146.5 165.0 502.4 196.6 155.7 181.7 857.8 217.3 164.3 201.6 983.5 238.6 176.4 219.3 16 131.1 139.9 149.5 159.9 175.7 196.5 17 18 19 20 21 22 23 24 25 26 126.9 123.7 131.7 141.0 138.9 127.9 147.6 104.9 142.0 147.0 134.0 129.2 141.1 154.2 151.7 141.2 157.0 115.9 159.6 161.8 143.1 138.1 150.4 165.0 161.1 146.5 162.9 119.5 171.1 176.5 152.2 147.4 159.0 177.1 175.7 153.4 186.1 120.4 178.4 185.5 165.3 161.0 171.4 197.0 195.0 191.1 223.7 122.9 187.3 203.7 185.3 184.8 186.0 217.9 221.2 236.4 236.4 149.5 206.7 218.0 27 144.3 150.5 160.9 183.5 203.8 221.5 28 29 144.9 143.2 150.3 150.9 159.6 163.4 183.4 183.6 201.4 209.6 218.2 228.3 ., Structures ., , Compensation of employees , .-. Military .. Civilian Other services ... . . .... Contractual research and development Travel Transportation . Communications Depot maintenance Other.. ... . ..... ..... .. , • ..... Military facilities Other 1981 1980 124.2 .. Services.... 1979 132.4 ... ... Bulk petroleum products Ammunition Clothing and textiles Other nondurable goods 1978 1 , .... 1977 2 ..... Durable goods..,.. ... Military equipment... , Aircraft Missiles Ships , Vehicles Electronic equipment Other , . .......... Other durable goods 1976 .. , Table 7.16.—Implicit Price Deflators for Exports and Imports of Goods and Services [Index numbers, 1972=100] Seasonally adjusted Line 1976 1977 1978 1979 1980 1981 1977 I Exports of goods and services Merchandise Durable goods.. Nondurable goods Services Factor income Other ...... . . ,. ,....,...,.. Imports of goods and services Merchandise Durable goods... Nondurable goods .. Factor income . . ... Other . ... ,. ... , , 1978 II III IV I II III IV 1 155.3 161.9 172.6 192.5 213,1 231.8 160.2 162.4 162.2 162.7 165.5 171.5 173.9 178.6 2 3 4 169.1 160.1 183.7 176.1 169.0 187.3 187.3 180.9 197.1 213.7 203.9 229.1 236.4 229.7 246.6 258.3 259,5 256.6 175.0 165.8 189.6 177,4 166.8 194.5 176.0 170.5 184.3 176.0 173.0 180.7 180.1 174.3 189.1 185.6 179.3 194.9 187.8 180.7 198.9 194.5 188.2 204.4 5 6 7 133.2 131.5 135.1 140.4 139.0 141.9 151.2 149.2 153.7 164.0 162.1 167.4 180.3 176.4 187.4 197.3 193.7 203.8 137,6 135.8 139.5 139.5 138.0 141.0 141.2 140.0 142.6 143.1 142.0 144.3 145.7 143.8 148.0 149.5 147.6 151.7 152.7 150.6 155.5 156.1 153.8 159.3 8 185.6 205.5 214.1 246.1 289.3 293.1 202.8 204.6 207.4 207.0 209.2 213.1 215.3 218.4 9 10 11 201.8 160.1 258.3 223.6 172.3 297.2 231.4 191.7 293.1 272.2 210.1 370.9 327.7 229.2 506.1 329.0 238.4 501.9 222.2 165.6 297.5 223.1 169.8 298.1 225.5 175.7 298.0 223.7 177.5 295.2 225.0 182.3 292,5 230.2 190.5 291.3 233.0 195.6 290.3 237.0 198.0 298.0 12 13 14 143.2 131.4 148.2 154.1 139.1 159.8 166.4 149.4 174.7 183.3 162.2 199.1 205.4 176.6 232.4 217.1 193.6 241.7 148.8 135.8 153.2 152.4 138.0 157.7 155.8 140.0 162.1 159.1 142.0 166.4 162.5 143,8 170.1 164.7 147.6 173.2 167.7 150.6 176.2 170.0 153.8 179.2 Seasonally adjusted 1979 Line I II m IV 1 184.6 191.0 194.8 198.6 2 3 ,..,.,,,. 4 202.5 194.3 216.0 212.5 204.4 225.2 217.5 207.2 233.4 .• 5 6 7 159.2 157.1 162.5 162,3 160.3 165.7 165.3 163.4 168.9 ,.,...., 8 226.7 237.8 251.0 267.5 9 10 11 247.5 205.8 310.9 261.2 209.5 341.5 278.5 207.5 395.8 300.8 217.1 436.7 12 .......... 13 14 174.9 157.1 186.0 180.2 160.3 194.0 185.6 163.4 203.0 191.2 166.2 214.0 198.2 170.5 226.0 Exports of goods and services Merchandise Durable goods Nondurable goods Services .. . Factor income Other .. Imports of goods and services Merchandise ... . , Durable goods, Nondurable goods Services Factor income Other ..... , .. 1980 , ,., . . ... ., , 1982 1981 II III IV I II III IV I II 204.2 209.2 216.3 223.5 229.3 230.9 232.6 234.5 237.3 237.0 221.2 209.1 239.6 227.5 217.9 243.1 231.5 225.9 240.0 239.1 233.8 246.8 248.1 242.2 256.7 255.6 250.2 263.1 257.3 256.4 258.5 260.2 264.7 254.0 260.2 267.8 250.7 263.6 274.0 251.4 262.1 276.6 245.4 168.4 166.2 172.6 172.8 170.5 177.5 177.7 174.5 183.5 183.2 178.5 191.0 188.4 183.3 197.5 192.6 188.2 200.5 195.4 191.3 203.0 198.8 195.4 205.0 202.1 199.5 206.6 204.7 201.8 209.5 207.4 204.6 212.5 282.5 289.8 290.1 294.9 300.7 298.7 287.7 286.1 286.4 278.6 321.5 224.0 494.2 329.1 225.3 513.5 325.4 231.1 502.2 334.9 236.6 514.8 342.8 238.9 534.0 339.5 240.3 530.5 321.4 238.4 482.3 314.3 236.4 464.6 318.1 242.9 473.0 307.3 249.2 424.4 203.0 174.5 230.3 209.7 178.5 234.6 211.2 183.2 238.5 214.6 188.2 240.5 215.5 191.2 241.5 217.2 195.4 242.0 221.3 199.5 242.5 222.5 201,8 245.0 224.2 204.6 247.5 I 111 SURVEY OF CURRENT BUSINESS July Table 7.17.—Implicit Price Deflators for Merchandise Exports and Imports by Type of Product and by End-Use Category [Index numbers, 1972=100] Seasonally adjusted Line 1976 1977 1978 1979 1980 1981 1977 I 1978 II III IV I II III IV 1 169.1 176.1 187.3 213.7 236.4 258.3 175.0 177.4 176.0 176.0 180.1 185.6 187.8 194.5 2 3 4 5 6 7 8 9 10 11 12 13 189.6 190.6 190.6 190.6 157.0 153.6 142.3 143.5 141.1 169.0 169.0 169.1 188.7 198.5 198.5 198.5 165.0 168.6 146.4 145.6 147.1 176.1 176.1 176.1 198.9 207.7 207.7 207.7 175.0 183.9 161.5 167.3 156.2 187.1 187.1 187.1 222.6 251.8 251.9 251.7 189.1 215.8 187.5 203.4 174.6 213.1 213.1 213.0 235.0 282.9 282.9 282.8 212.4 249.6 195.9 228.2 169.1 235.7 235.7 235.7 246.9 293.2 293.2 293.2 248.4 286.4 200.7 244.1 173.1 258.3 258.3 258.3 196.5 196.0 196.0 196.0 161.1 164.6 147.9 148.7 147.1 174.7 174.7 174.7 205.6 198.4 198.5 198.4 161.9 166.0 148.6 146.1 150.9 177.4 177.2 177.5 179.2 200.4 200.5 200.4 166.9 170.9 145.6 142.7 148.1 175.8 175.8 175.8 174.6 199.2 199.1 199.2 170.4 173.3 143.7 145.1 142.5 176.1 176.2 175.9 189.4 199.9 199.9 199.9 170.3 173.2 156.4 159.3 153.6 180.1 180.3 180.0 200.1 201.5 201.6 201.5 175.8 180.3 157.0 159.3 154.8 185.6 185.5 185.8 204.1 206.2 206.2 206.2 173.1 190.7 162.5 170.4 155.4 187.5 187.5 187.5 200.7 221.3 221.3 221.3 180.3 191.0 169.3 179.6 160.5 194.6 194.6 194.6 14 201.8 223.6 231.4 272.2 327.7 329.0 222.2 223.1 225.5 223.7 225.0 230.2 233.0 237.0 Foods, feeds, and beverages... 15 Industrial supplies and materials, excluding petro- 16 leum. Durable goods 17 Nondurable goods 18 Petroleum and products 19 Capital goods, except autos. , . 20 Autos 21 Consumer goods 22 Durable goods 23 Nondurable goods 24 Other 25 Durable goods . 26 Nondurable goods 27 166.7 176.0 204.0 192.0 205.5 205.8 228.3 245.2 270.1 293.1 259.3 296.8 194.6 188.3 216.8 191.5 205,4 192.9 199.2 195.0 207.4 198.7 206.6 203.4 203.5 208.3 204.8 213.2 176.3 175.6 459.9 144.9 162.0 169.1 152.3 196.5 165.1 165.0 165.1 192.4 191.4 497.1 155.8 176.5 174.8 158.3 210.0 181.0 180.9 181.0 206.4 205.0 498.1 170.4 210.9 192.6 175.2 227.4 196.9 196.9 196.9 245.9 244.0 703.4 178.6 231.8 203.7 186.4 237.2 216.8 216.9 216.7 293.0 293.3 1,155.4 197.5 248.5 219.7 195.1 275.2 243.5 243.4 243.6 296.9 296.7 1,297.1 191.9 288.0 231.3 208.3 279.3 249.2 249.2 249.2 188.6 187.9 488.3 149.0 170.4 165.3 149.9 199.8 176.1 175.8 176.4 191.8 191.1 499.5 150.5 171.1 174.5 159.1 205.2 180.7 180.7 180.7 193.3 192.3 499.5 165.8 179.4 175.8 157.2 214.9 183.9 183.9 183.9 195.5 194.1 502.6 157.6 184.2 183.5 166.8 219.8 182.5 182.5 182.5 198.8 198.6 499.8 157.9 195.6 187.9 172.2 219.5 189.4 189.4 189.4 203.9 202.7 495.5 175.4 206.7 190.5 170.5 230.5 196.7 197.0 196.4 209.1 207.2 495.6 177.6 216.4 191.4 176.5 220.3 199.3 199.0 199.5 214.1 211.8 501.3 170.5 224.9 200.3 181.3 239.4 202.9 202.9 202.9 185.9 165.2 165.7 188.7 173.2 181.1 195.8 185.1 197.5 222.4 211.6 218.0 234.3 236.9 243.5 246.3 261.3 249.8 194.9 170.2 174.4 203.6 171.6 180.7 181.1 174.8 183.9 176.0 176.0 184.7 186.9 178.3 189.7 194.7 183.1 196.8 198.6 186.1 199.8 202.3 192.7 203.4 Merchandise exports Foods, feeds, and beverages Industrial supplies and materials Durable goods Nondurable goods Capital goods, except autos Autos Consumer goods Durable goods Nondurable goods Other Durable goods Nondurable goods , Merchandise imports Addenda: Exports of agricultural products * Exports of nonagricultural products Imports of nonpetroleum products 28 29 30 Seasonally adjusted 1979 Line 1981 1980 III IV III 1982 III IV IV Merchandise exports.. 202.5 212.5 217.5 221.2 227.5 231.5 239.1 248.1 255.6 257.3 260.2 260.2 263.6 262.1 Foods, feeds, and beverages Industrial supplies and materialsDurable goods Nondurable goods Capital goods, except autos Autos Consumer goods Durable goods Nondurable goods Other Durable goods Nondurable goods 211.8 233.7 233.7 233.7 181.4 207.4 181.1 193.4 170.8 202.4 202.4 202.4 216.5 248.7 248.8 248.7 190.9 216.5 186.8 200.1 176.0 212.2 212.2 212.2 230.7 252.9 252.9 252.9 193.6 217.3 189.1 206.8 174.9 217.7 217.7 217.7 229.1 269.5 269.5 269.5 190.2 222.6 192.5 212.5 176.3 221.1 221.3 221.0 228.7 285.1 285.2 285.1 196.0 234.5 193.0 219.2 163.8 227.6 227.6 227.6 221.6 282.8 282.8 282.8 207.4 242.0 187.7 226.8 159.5 231.4 231.4 231.4 234.1 280.5 280.5 280.5 218.2 256.4 201.1 232.3 176.9 238.9 238.9 238.9 255.4 283.1 283.1 283.1 228.0 267.2 202.5 238.8 176.4 248.1 248.1 248.1 263.1 292.6 292.5 292.6 237.6 270.5 199.2 237.5 173.5 255.8 255.8 255.8 256.2 293.4 293.5 293.4 244.5 281.6 197.5 242.9 169.2 257.3 257.3 257.3 239.1 294.2 294.2 294.2 254.3 294.3 202.1 248.4 172.5 260.0 260.0 260.0 228.0 292.6 292.5 292.6 258.6 303.4 204.2 248.3 177.4 260.0 260.0 260.0 228.6 291.0 291.0 291.0 266.6 308.7 205.6 249.8 179.8 263.4 263.4 263.4 223.5 288.6 288.5 288.6 269.6 316.2 200.4 246.7 173.8 262.2 262.4 262.1 Merchandise imports.. 247.5 261.2 278.5 300.8 321.5 329.1 325.4 334.9 342.8 339.5 321.4 314.3 318.1 307.3 216.1 225.9 219.3 237.7 230.8 247.7 247.2 270.0 260.4 286.4 266.8 293.4 276.0 297.0 277.3 296.7 277.1 297.5 268.2 299.7 254.4 296.4 238.2 293.5 243.4 296.1 238.8 292.1 226.7 224.5 527.1 177.1 237.6 199.8 184.0 228.9 210.2 210.2 210.2 238.5 236.5 613.3 179.8 230.7 204.9 187.7 237.1 215.7 216.0 215.3 248.3 246.8 788.3 174.7 226.1 204.5 186.0 240.7 216.0 216.0 216.0 271.5 267.7 893.2 182.7 233.5 205.6 187.7 242.2 227.1 227.1 227.1 286.5 286.2 1,059.9 191.0 239.3 213.9 189.6 270.5 237.4 236.8 238.0 293.9 292.8 1,163.3 198.9 235.0 215.1 190.8 271.1 240.2 240.5 240.0 297.4 296.5 1,191.9 199.1 252.3 225.7 197.9 288.2 246.7 246.7 246.7 295.5 298.3 1,231.1 201.0 267.4 224.3 202.3 271.3 250.2 250.2 250.2 296.6 298.8 1,319.6 201.0 277.4 233.9 205.2 302.4 254.3 254.3 254.3 300.0 299.3 1,348.8 193.7 282.7 232.1 208.4 282.2 252.0 252.0 252.0 297.0 295.7 1,267.9 189.3 288.2 231.0 210.5 271.4 248.4 248.2 248.6 293.7 293.2 1,246.8 185.4 303.3 228.8 209.1 266.9 244,8 244.9 244.6 296.6 295.5 1,248.2 195.5 311.0 237.4 209.0 303.2 252.5 252.5 252.5 292.5 291.5 1,179.2 202.6 307.8 244.0 217.5 296.8 256.1 256.1 256.1 212.0 200.5 210.9 216.4 211.6 215.8 229.7 214.6 216.9 229.0 219.2 227.9 226.9 237.6 220.7 234.1 240.2 234.0 240.3 246.6 253.5 246.8 249.8 261.8 254.0 253.9 254.3 258.0 252.3 265.2 248.6 229.1 268.5 245.0 227.8 273.7 253.0 221.6 274.1 256.1 Foods, feeds, and beverages Industrial supplies and materials, excluding petroleum. Durable goods Nondurable goods.... Petroleum and products Capital goods, except autos Autos Consumer goods Durable goods , Nondurable goods Oth< Durable goods , Nondurable goods..., Addenda: Exports of agricultural products J Exports of nonagricultural products Imports of nonpetroleum products 1 Includes parts of line 2 and line 5. , 112 July SURVEY OF CURRENT BUSINESS Table 7.18.—Implicit Price Deflators for Gross Private Domestic Investment, Capital Consumption Allowances with Capital Consumption Adjustment, and Net Private Domestic Investment by Major Type of Investment [Index numbers, 1972=100] Line Gross private domestic investment 1976 1977 1978 1979 1980 1981 1 Less: Capital consumption allowances 2 with capital consumption adjustment. 139.9 150.3 163.8 179.0 196.0 212.1 4 Fixed investment . . Less: Capital consumption allowances 5 with capital consumption adjustment. 6 Equals' Net fixed investment 139.2 139.9 149.8 150.3 163.2 163.8 178 5 179.0 193 3 196.0 208.0 212.1 137.5 149.0 162.2 1776 1870 197.4 7 Nonresidential Less: Capital consumption allow- 8 ances with capital consumption adjustment. 9 Equals: Net nonresidential 138.6 139.8 146.3 148.7 157.2 160.7 170.8 174.5 186.1 191.3 201.3 207.9 Equals' Net private domestic investment 3 133.8 139.6 149.6 163.0 172.2 182.7 Structures 10 Less: Capital consumption allow- 11 ances with capital consumption adjustment. 12 Equals: Net structures 149.0 148.3 159.4 156.7 176.4 175.4 200.2 198.0 227.7 222.2 251.5 242.7 151.2 168.2 178.7 204.4 240.0 269.4 Producers' durable equipment 13 Less: Capital consumption allow- 14 ances with capital consumption adjustment. Equals: Net producers' durable 15 equipment. 133.9 136.2 141.0 145.3 149.7 154.6 158.8 165.2 169.0 179.5 179.8 194.9 123.8 129.5 139.1 145.1 138.1 130.6 Residential 16 Less: Capital consumption allow- 17 ances with capital consumption adjustment. Equals' Net residential 18 140.7 140.2 158.0 156.9 178.3 176.6 200.5 197.8 218.5 216.1 233.6 230.6 141.2 158.8 179.7 202.9 2223 239.0 Nonfarm structures 19 Less: Capital consumption allow- 20 ances with capital consumption adjustment. Equals: Net nonfarm structures 21 141.3 141.1 159.0 158.5 179.8 179.1 202.7 201.1 221.7 220.1 237.1 235.0 141.5 159.3 180.3 203.9 223.9 240.5 22 Farm structures Less: Capital consumption allow- 23 ances with capital consumption adjustment. Equals* Net farm structures 24 140.7 141.4 157.0 158.8 180.0 179.1 202.7 201.5 218.8 220.5 236.9 235.4 145.1 128.1 206.3 189.9 238.0 212.1 Producers' durable equipment 25 Less: Capital consumption allow- 26 ances with capital consumption adjustment. Equals: Net producers' durable 27 equipment. 122.7 121.9 126.7 126.6 132.6 132.7 140.3 140.3 149.2 149.4 159.4 159.5 125.3 127.0 132.4 140.2 148.6 158.8 Change in business inventories 28 113 SURVEY OF CURRENT BUSINESS July Table 7.19.—Implicit Price Deflators for Purchases of Structures by Type [Index numbers, 1972=100] Line Purchases of structures Private Nonresidential New Nonresidential buildings, excluding farm. Industrial Commercial . Religious, educational, hospital and institutional, and other \ Public utilities Railroads Telephone and telegraph Electric light and power Gas Petroleum pipelines Farm Mining exploration, shafts, and wells. Petroleum and natural gas Other Other 2 Brokers' commissions on sale of structures. Net purchases of used structures 1976 1977 1978 1980 1979 1981 1 144.5 157.7 176.7 200.3 223.3 2 1447 159.1 1783 201 5 2248 244 9 3 149.0 159.4 176.4 200 2 227 7 251 5 4 5 1490 139.1 159.4 147.5 176.4 163.3 2002 187.4 227 7 210.2 251 6 222.1 6 7 8 1391 1391 139.2 1475 1475 147.5 163 8 1632 163.0 1870 187 5 188.1 2102 2102 210.4 2222 222 0 222.1 9 10 11 12 13 14 15 .16 155.0 1483 142.5 1572 1630 163.0 1392 183.5 162.7 155 8 149.3 1679 1670 166.9 1476 210.1 173.1 1740 157.0 1784 1860 186.1 1627 252.9 191 1 1975 174.0 1965 2010 2010 1869 294.9 210.0 2251 193.1 214 9 221 0 2210 2104 338.7 233.6 2340 229.4 2340 2409 240.8 222.2 394.0 17 18 19 20 1908 139.2 1483 139.1 2196 147.5 1560 147.1 2649 163.6 1727 163.1 3084 187.1 1978 186.9 3529 2107 224 0 210.2 4130 222.3 2340 221.6 166.7 187.4 211.5 225.2 237.1 2368 2368 2393 198.4 2400 239.0 2369 239.4 2417 21 144.2 152.2 22 1413 158.9 179.8 202.7 221.6 New Nonfarm . . Structures Mobile homes Additions and alterations Other 3 Farm Brokers' commissions on sale of structures. Net purchases of used structures 23 24 25 26 27 28 29 30 1413 1413 1416 1365 1414 1402 1407 141.6 1589 158.9 1595 147.7 1594 1579 157 0 159.4 1797 1797 1807 1597 1810 1818 1799 180.9 2025 202 5 2042 1743 2042 2000 202 8 204.1 2214 2214 223 3 189.6 2237 223.1 2188 223.7 31 141.7 159.3 179.8 204.5 225.6 242.5 Government structures and new construction force-account compensation. New Buildings, excluding military Residential . . Industrial, educational, hospital and other 4. Highways and streets Military facilities Conservation and development Sewer and water systems Sewer systems Water supply facilities Other 5 Net purchases of used structures 32 143.7 152.0 170.2 195.1 217.9 228.7 33 34 35 36 1437 136 7 1427 136.2 1519 1462 157 4 145.2 170 1 161 1 1786 159.5 195 0 1828 201 8 180.9 2178 204 6 222 9 202.6 228 6 219 4 2412 216.8 37 38 39 40 41 42 43 44 1463 144 9 148.7 1498 148 1 1555 1488 1425 1514 1503 157.5 1588 157 6 1624 1559 1578 1814 1596 167.6 1747 1728 179 7 1739 1770 2190 183 4 184.0 195 1 194 2 1976 199 1 1993 251 2 2014 204.2 2119 210 4 2153 2251 2217 245.4 2182 222.8 226 5 223 8 2321 2344 2372 Residential 1 Consists of hotels and motels, buildings used primarily for social and receational activities, and buildings, not elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals. 2 Consists of streets, dams and reservoirs, sewer and water facilities, parks, airfields, etc. 3 Consists of dormitories, fraternity and sorority houses, nurses' homes, etc. 4 Consists of general office buildings, police and fire stations, courthouses, auditoriums, garages, passenger terminals, etc. 5 Consists of electric and gas facilities, transit systems, airfields, etc. Table 7.20.—Implicit Price Deflators for Private Purchases of Producers' Durable Equipment by Type [Index numbers, 1972=100] Line 1976 1977 1978 1980 1979 1981 1 133.6 140.8 1494 158 5 168 6 1794 2 133.9 141.0 149.7 158.8 169.0 179.8 Furniture and fixtures Fabricated metal products Engines and turbines Tractors 3 4 5 6 1403 145.0 151.1 152.0 1499 152.9 165.7 167.5 1662 161.8 176.0 181.7 1817 175.9 188.9 1978 1954 188.0 206.6 2233 2128 199.3 238.1 2477 Agricultural machinery, except tractors Construction machinery, except tractors Mining and oilfield machinery Metalworking machinery 7 8 9 10 148.6 155.2 169.5 142.5 160.6 166.7 190.3 155.5 174.3 182.0 2067 1672 191.6 196.4 2297 187 6 213.7 222 6 2616 2113 235.3 246.8 304 3 2350 Special industry machinery n e e General industrial, including materials handling, equipment Office computing and accounting machinery . Service industry machinery 11 12 13 14 153.7 149.9 102.6 135.3 163.2 159.7 102.4 140.8 178.3 170.9 102.5 148.5 199.6 185.7 101.7 159.4 2208 205.8 102.8 178.0 247.7 227.4 101.7 194.1 15 Electrical and communication equipment Electrical transmission, distribution, and industrial apparatus.... 16 17 Communication equipment 18 Electrical equipment n e e .. . 133.4 145.4 126.2 142.0 137.0 151.5 126.6 155.9 140.3 160.5 127.2 168.5 144.7 170.7 129.7 186.8 149.4 185.1 131.5 208.5 163.6 205.1 144.8 229.9 19 20 21 22 23 24 25 136.6 109.5 138.8 143.1 167.5 122.4 134.3 148.4 115.4 152.2 153.5 180.9 126.0 140.4 162.3 127.0 163.6 1676 194.8 131.9 148.9 177.2 133.0 182.2 1845 212.8 1387 162.2 196.6 146.2 204.3 2069 238.2 1479 180.6 221.8 142.8 227.5 2257 263.5 1561 198.4 26 187.1 177.5 204.7 271.4 271.4 258.0 27 122.7 126.7 132.6 140.3 149.2 159.4 Private purchases of producers' durable equipment Nonresidential Trucks buses and truck trailers Autos Aircraft Ships and boats Railroad equipment Instruments Other . Less* Sale of equipment scrap excluding autos Residential n.e.c. Not elsewhere classified. 378-127 0 - 8 2 - 8 Table 7.21.—Implicit Price Deflators for Inventories and Final Sales of Business [Index numbers, 1972=100] Seasonally adjusted I 1 II 1979 1978 1977 Line III IV I II III IV I II 1981 1980 III IV I II III IV I 1982 II III IV I II I 157.6 158.0 159.1 162.2 166.7 170.9 174.2 179.1 185.9 191.6 197.6 205.2 211.1 215.4 222.6 229.1 233.4 235.0 235.1 236.6 235.6 237.2 Farm 2 152.6 145.0 139.8 146.8 162.8 172.0 173.6 181.3 195.3 195.0 190.6 189.6 183.5 191.2 206.5 211.3 208.4 207.5 192.1 189.3 195.3 201.4 Nonfarm Durable goods 2 Nondurable goods 2. . .... 3 4 5 158.4 152.4 167.3 160.0 155.0 167.3 162.0 157.9 167.9 164.4 160.1 170.7 167.3 163.4 173.0 170.8 167.2 176.0 174.3 170.8 179.5 178.8 175.0 184.5 184.6 180.3 191.1 191.1 184.7 201.1 198.6 190.1 211.7 207.4 197.7 222.7 215.1 203.0 233.8 218.8 205.0 240.0 224.9 210.2 247.2 231.6 215.8 256.0 236.8 218.7 264.6 238.8 222.1 264.8 241.1 226.1 264.3 243,3 228.6 265.9 241.4 227.7 262.0 242.4 229.0 262.8 Manufacturing Durable goods Nondurable goods 6 7 8 160.9 155.3 171.8 163.0 158.5 171.6 164.9 161.2 171.9 167.6 163.5 175.3 170.5 166.5 178.2 173.5 169.8 180.9 177.2 173.4 184.5 181.9 178.0 189.7 188.0 184.1 196.1 194.8 188.7 207.4 202.2 194.4 218.4 211.5 202.4 231.1 219.0 207.8 242.8 222.6 209.2 251.1 227.8 213.7 258.3 234.9 219.2 269.0 240.0 222.0 278.8 242.2 225.5 278.4 244.4 229.9 276.2 246.8 232.6 277.7 244.6 231.1 273.8 245.2 232.3 273.2 Wholesale trade Durable goods Nondurable goods 9 10 11 160.9 152.8 176.4 160.9 154.9 172.2 162.4 158.3 170.1 165.4 160.7 174.2 168.8 164.3 177.2 171.9 167.8 179.9 175.9 171.5 184.4 180.4 175.3 190.1 185.8 180.0 197.0 193.3 184.7 210.0 200.9 190.0 222.3 209.6 197.2 234.0 217.3 202.3 246.8 221.7 205.4 253.9 228.3 211.2 261.7 235.4 217,9 270.4 242.1 221.6 283.0 242.9 225.5 277.9 244.1 229.4 274.2 245.2 231.6 272.6 242.4 231.7 264.3 243.9 233.3 265.4 Merchant wholesalers Durable goods Nondurable goods. . 12 13 14 158.3 152.7 169.4 157.6 154.6 163.6 158.9 158.0 160.7 161.9 160.3 164.9 166.3 164.1 170.6 169.5 167.5 173.6 173.3 171.2 177.3 177.3 174.9 182.0 182.5 179.4 .188.6 188.9 184.1 198.5 194.9 189.2 206.3 202.0 196.2 213.6 207.6 201.3 220.5 212.3 204.9 227.7 220.2 210.9 238.9 227.0 218.0 245.5 231.1 222.0 249.8 233.9 226.1 250.4 235.4 230.1 246,5 236.4 232.4 244.9 235.9 232.8 242.4 238.7 234.4 247.6 Nonmerchant wholesalers Durable goods Nondurable goods 15 16 17 172.5 153.2 203.2 175.6 156.5 205.4 178.5 159.9 207.2 181.4 162.5 210.7 180.7 165.7 205.2 183.6 169.4 207.4 188.4 172.8 214.6 195.2 177.6 224.5 201.7 183.3 234.8 214.3 187.7 261.7 229.5 194.2 292.1 245.9 202.3 321.6 262.4 207.0 353.4 265.3 208.0 359.2 267.2 212.8 359.7 276.2 217.5 377.7 294.2 219.2 419.5 285.9 222.6 393.4 286.2 225.6 393.0 288.7 227.8 394.1 275.3 225.9 361.1 270,4 227.2 347.7 Retail trade Durable goods Nondurable goods 18 19 20 143.8 141.7 145.7 145.2 143.0 147.2 146.8 145.0 148.5 148.5 146.9 150.0 151.3 150.2 152.4 155.4 155.1 155.6 158.2 158.3 158.1 161.9 161.6 162.1 166.4 165.8 166.9 170.4 169.2 171.6 175.9 173.6 178.1 183.2 182.0 184.3 189.0 187,0 190.8 192.1 188.8 195.1 198.4 196.0 200.5 202.6 200.6 204.3 205.4 202.0 208.2 207.8 204.6 210.5 210.9 208.9 212.6 212.9 211.3 214.2 211.5 210.9 211.9 213.0 212.0 213.8 Other 21 177.6 180.4 184.9 187.9 189.8 193.9 197.9 203.3 211.3 220.8 232.6 242.9 253.9 258.6 268.3 278.5 286.1 291.3 296.4 301.7 300.9 302.0 § Final sales 3. 22 Final sales of goods and 23 structures. 135.8 135.9 138.2 138.3 140.1 139.9 142.4 142.1 144.4 144.1 148.3 148.2 151.5 151.7 154.9 154.9 158.4 159.0 161.6 162.6 165.0 165.9 167.9 168.2 172.1 172.4 176.4 176.5 181,4 181.7 185.6 185.6 189.6 189,5 193.2 192,9 197.7 196.8 201,2 199.4 203.7 201.1 206.4 203.3 o Inventories 1 Inventories are as of the end of the quarter. 2 Prior to 1959, inventories held by construction 3 establishments are included in line 5. Business final sales equals final sales less gross product of households and institutions, government, and rest of the world, and includes a small amount of final sales by farms. I H 8 GO GO V) 115 SURVEY OF CURRENT BUSINESS July Table 7.22.—Implicit Price Deflators for Gross National Product by Industry [Index numbers, 1972=100] Line Gross national product 1977 1976 1978 1981 1980 1979 1 132.34 140.05 150.42 163.42 178.64 2 132.3 140.1 150.4 163.4 178.7 195.5 3 132.2 140.6 151.0 162.8 178.4 195.0 Agriculture, forestry, and fisheries Farms Agricultural services, forestry, and fisheries 4 5 6 143.0 142.9 143.4 147.8 146.0 163.0 178.1 180.1 163.8 204.7 209.4 170.7 189.7 191.0 180.3 197.2 197.4 195.8 Mining 7 224.9 242.7 259.0 320.6 436.0 570.1 Construction 8 145.2 157.6 173.8 198.7 227.5 244.6 Manufacturing Durable goods Nondurable goods 9 10 11 129.3 128.2 131.0 137.0 136.9 137.3 145.2 145.7 144.4 153.5 154.1 152.5 165.5 165,6 165.2 179.3 180.4 177.7 Transportation and public utilities Transportation Communication Electric, gas, and sanitary services 12 13 14 15 128.7 130.3 116.0 141.9 136.6 139.8 118.9 154.2 144.0 149.2 122.2 165.3 149.7 162.4 123.5 166.1 165.1 189.6 127.4 186.0 184.3 213.0 138.3 216.7 Wholesale trade 16 138.0 144.3 151.6 166.1 Retail trade 17 128.4 136.1 145.6 155.8 168.5 183.4 Finance, insurance, and real estate Finance and insurance Real estate 18 19 20 122.5 118.4 124.1 133.0 137.0 131.5 145.8 157.8 141.3 156.2 170.4 151.0 170.3 182.7 165.8 184.0 189.9 181.8 Domestic industries (Gross domestic product)..., Private industries Services Government and government enterprises Government Government enterprises Rest of the world , 195.51 195.8 21 134.6 142.6 152.7 165.3 181.2 196.7 22 133.0 141.6 150.9 160.5 173.0 189.1 23 24 133.0 132.9 142.4 135.6 151.7 145.0 161.7 151.5 175.6 155.0 192.1 167.8 25 131.5 139.0 149.0 161.8 176.7 193.6 116 July SURVEY OF CURRENT BUSINESS 8. Supplementary Tables Table 8.1.—Percent Change From Preceding Period in Gross National Product in Current and Constant Dollars, Implicit Price Deflators, and Price Indexes [Percent] Seasonally adjusted at annual rates Line Gross national product: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 1976 1977 1978 1979 1980 1981 1977 I II 1978 III IV I II III IV 1 2 3 4 5 10.9 5.4 5.2 5.7 5.8 11.7 5.5 5.8 6.1 6.3 12.8 5.0 7.4 7.6 7.8 11.7 2.8 8.6 8.9 9.5 8.9 -0.4 9.3 9.0 9.9 11.6 1.9 9.4 9.4 9.6 14.8 8.9 5.5 6.1 6.7 13.8 6.7 6.6 6.5 6.6 13.1 6.8 5.9 5.1 5.2 7.2 0.8 6.4 7.8 8.3 8.9 3.4 5.3 6.1 5.8 23.0 11.0 10.8 10.0 10.4 12.3 3.3 8.7 8.6 8.9 15.2 5.5 9.1 10.2 10.7 6 7 8 9 10 11.0 5.6 5.1 5.3 5.3 11.1 5.0 5.8 6.0 6.2 11.8 4.5 7.0 7.3 7.4 11.9 2.7 9.0 9.3 9.7 10.6 0.3 10.3 10.7 11.2 10.6 1.8 8.6 9.1 9.3 12.9 6.2 6.3 6.6 7.0 8.6 3.0 5.4 6.2 6.3 10.4 4.4 5.7 5.8 5.8 12.1 6.2 5.6 6.1 6.3 8.1 1.6 6.4 6.2 6.0 18.1 8.0 9.3 10.3 10.6 11.5 3.4 7.9 8.0 8.2 13.5 4.7 8.4 8.8 9.2 Durable goods: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index. 11 12 13 14 15 18.6 12.3 5.6 5.7 5.9 13.6 9.0 4.2 4.4 4.6 12.3 6.4 5.6 5.7 6.0 6.6 0.3 6.3 6.9 6.9 0.4 -6.9 7.8 8.4 8.5 9.4 2.2 7.1 7.5 7.8 23.1 17.8 4.5 3.8 3.9 10.5 9.1 1.3 2.5 2.8 10.8 6.9 3.6 3.4 3.5 13.8 8.4 5.0 5.4 5.8 24 -7.2 5.2 5.4 5.6 44.2 33.6 8.0 7.6 8.0 2.2 -5.0 7.5 7.6 7.9 12.1 6.0 5.8 6.4 6.4 Nondurable goods: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 16 17 18 19 20 8.4 4.7 3.6 3.6 3.5 8.4 3.6 4.7 4.9 5.0 10.3 3.3 6.8 7.1 7.2 13.6 2.5 10.8 11.3 11.6 11.7 0.8 10.9 11.8 12.4 9.6 1.8 7.6 8.4 8.7 9.5 3.8 5.5 5.8 6.1 7.5 1.5 5.9 6.8 7.0 5.1 0.6 4.5 4.9 5.1 12.1 7.8 4.0 4.5 4.4 6.9 0.6 6.3 5.8 6.0 13.8 ~ 12.7 2.2 5.1 11.3 7.2 12.3 7.7 12.4 7.8 16.8 8.2 8.0 7.8 8.0 Services: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 21 22 23 24 25 11.2 4.3 6.6 6.7 6.9 12.7 4.9 7.5 7.6 7.8 12.9 4.8 7.7 7.9 8.0 12.2 3.7 8.2 8.4 8.7 12.8 2.4 10.2 10.5 10.8 11.7 1.7 9.8 10.1 10.4 12.9 4.6 7.9 8.3 9.0 8.9 2.2 6.6 7.0 6.7 15.0 6.9 7.7 7.3 7.2 11.7 4.1 7.3 7.7 8.4 12.7 5.7 6.6 6.7 6.1 14.3 5.0 8.9 9.4 9.6 13.8 5.2 8.2 8.4 8.5 11.1 1.4 9.5 10.5 11.2 Gross private domestic investment: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 26 27 28 29 30 25.1 19.2 25.7 16.1 19.3 10.5 9.4 -0.2 4.9 -11.8 17.2 8.4 57.2 37.4 34.8 26.0 27.7 18.1 1.3 -7.4 16.8 15.7 44.7 25.5 6.4 31 15.5 7.2 31 32 33 34 35 15.5 9.4 5.6 5.9 6.0 22.4 13.7 7.6 7.8 8.3 19.6 9.8 8.9 9.7 10.0 13.5 3.8 9.4 10.4 11.0 0.9 -6.9 8.3 9.9 10.1 9.4 1.7 7.6 8.2 8.2 25.6 16.9 7.4 7.5 8.1 31.0 19.5 9.6 9.6 10.2 16.2 8.4 7.2 6.7 6.5 22.7 8.9 12.7 13.9 14.5 6.6 1.9 4.6 5.2 4.9 40.0 25.3 11.7 12.3 13.4 15.9 6.0 9.3 10.8 11.6 13.2 4.1 8.7 10.4 11.2 36 37 38 39 40 10.4 5.2 4.9 5.5 5.3 17.9 11.7 5.6 6.0 6.2 21.3 12.9 7.4 8.1 8.4 16.6 7.3 8.6 9.4 10.1 6.5 -2.2 9.0 10.1 10.6 12.0 3.5 8.1 8.6 8.9 24.5 18.5 5.0 5.2 5.6 20.7 13.2 6.6 7.1 7.5 15.6 7.2 7.8 7.1 6.7 25.9 16.0 8.5 9.3 9.5 11.9 5.6 6.0 6.5 6.4 38.0 27.5 8.2 8.9 9.8 18.3 10.0 7.6 9.1 9.9 16.9 9.2 7.1 8.5 9.2 Chain price index Fixed-weighted price index 41 42 43 44 45 6.1 3.2 2.9 2.5 2.2 9.6 2.4 7.0 6.9 6.6 22.2 10.5 10.6 11.0 10.4 24.8 10.0 13.5 13.8 13.6 12.5 -1.1 13.8 12.0 11.9 17.4 6.3 10.4 9.1 8.2 1.5 -6.1 8.1 7.5 7.2 26.0 14.1 10.4 10.2 9.7 17.9 12.2 5.1 6.4 5.2 11.3 -1.5 12.9 11.5 11.0 12.4 7.0 5.1 6.4 5.8 51.0 30.1 16.1 15.7 15.4 24.3 9.1 14.0 15.0 14.7 18.4 4.5 13.3 14.1 13.7 Producers' durable equipment: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 46 47 48 49 50 12.6 6.2 6.0 7.1 7.3 22.2 15.9 5.4 5.6 6.0 20.8 13.8 6.1 6.8 7.1 12.8 6.3 6.1 7.4 7.9 3.5 27 6.4 9.2 9.8 8.9 2.4 6.4 8.3 9.4 37.1 30.8 4.8 4.0 4.5 18.4 12.9 4.9 5.7 6.1 14.5 5.2 8.8 7.4 7.6 33.3 23.9 7.5 8.3 8.5 11.7 5.0 6.3 6.6 6.8 32.5 26.5 4.7 6.0 6.4 15.6 10.3 4.8 6.5 6.9 16.2 11.0 4.7 5.9 6.4 51 52 53 54 55 30.2 21.3 7.4 7.3 7.3 33.1 18.6 12.3 12.2 12.2 16.1 2.8 12.9 13.0 12.9 6.6 -5.2 12.4 12.6 12.6 -13.0 -20.2 9.0 9.3 9.3 1.7 4.8 6.9 7.1 7.1 28.2 13.3 13.1 12.9 12.9 56.6 35.5 15.5 15.5 15.4 17.6 11.1 5.8 6.0 6.0 16.2 5.9 23.5 24.1 23.9 -4.1 -6.5 2.5 2.3 2.4 44.4 20.0 20.3 20.1 20.0 10.6 -3.5 14.6 14.6 14.5 5.2 -8.0 14.4 14.7 14.7 Exports: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 56 57 58 59 60 10.3 6.3 3.7 3.9 3.4 6.9 2.6 4.3 4.5 4.5 19.7 12.2 6.6 6.8 6.6 28.6 15.4 11.5 12.3 12.8 20.6 8.9 10.7 10.6 10.9 8.3 04 8.8 9.5 9.5 0.9 30 4.0 5.0 5.1 17.1 10.8 5.7 6.1 6.2 3.9 4.5 -0.6 -0.3 -0.8 -11.5 127 1.3 2.3 2.1 35.7 26.7 7.1 8.5 7.9 41.1 22.5 15.1 11.6 11.2 22.1 15.5 5.7 7.3 7.3 36.4 22.5 11.3 12.9 13.8 Imports: Current dollars .... 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 61 62 63 64 65 22.6 18.6 3.3 2.6 2.1 18.9 7.3 10.7 8.9 9.1 17.7 13.0 4.2 7.1 7.7 22.0 6.1 14.9 17.3 16.4 17.1 04 17.5 25.3 24.2 8.7 7.2 1.3 6.1 5.0 31.6 1.2 30.1 15.6 15.5 16.0 12.0 3.6 12.5 13.5 0.8 45 5.5 6.2 5.8 12.7 13.7 -0.9 4.1 4.5 33.2 27.5 4.5 8.3 9.5 20.7 12.1 7.7 9.8 9.3 10.9 6.4 4.2 5.8 5.8 17.5 11.0 5.9 7.5 8.4 Personal consumption expenditures: Current dollars 1972 dollars Implicit price deflator .... Chain price index Fixed-weighted price index Fixed investment: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index . Nonresidential: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Structures: Current dollars 1972 dollars Residential: Current dollars 1972 dollars Implicit price deflator Chain price index . Fixed-weighted price index 117 SURVEY OF CURRENT BUSINESS July Table 8.1.—Percent Change From Preceding Period in Gross National Product in Current and Constant Dollars, Implicit Price Deflators, and Price Indexes—Continued [Percent] Seasonally adjusted at annual rates Line 1976 1977 1978 1979 1980 1981 1978 1977 HI Government purchases of goods and services: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 1.5 7.1 7.1 7.1 9.7 2.0 7.5 7.4 7.7 9.8 1.3 8.4 8.7 9.4 13.5 2.3 11.0 10.9 11.9 10.9 0.9 70 6.5 0. 6.6 6.5 6.3 71 72 73 74 75 5.3 -0.7 6.0 5.8 5.8 11.0 3.8 7.0 6.9 7.1 7.1 -0.1 7.2 7.2 7.2 9.6 1.8 7.7 8.2 9.1 76 77 78 79 -2.3 5.9 6.0 8.0 0.8 7.1 7.3 7.3 8.0 0.4 7.6 7.5 7.5 8.7 2.7 5.8 5.6 5.3 17.1 10.0 6.5 6.2 6.3 7.2 0.4 6.9 6.8 6.6 66 67 ..... Federal: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index National defense: Current dollars 1972 dollars......... Implicit price deflator Chain price index Fixed-weighted price index Nondefense: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index..... 81 82 84 85 State and local: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 87 ... 89 90 III IV IV 9.5 9.5 8.3 1.7 6.5 8.4 8.7 14.3 5.2 8.6 7.7 7.7 8.5 2.7 5.7 5.2 5.1 9.6 0.9 8.7 9.4 10.1 4.8 -1.4 6.2 6.5 6.5 11.8 4.8 6.6 6.5 6.8 14.8 4,7 9.6 7.7 8.1 11.2 1.3 9.8 11.7 12.6 17.1 4.2 12.4 11.6 13.7 16.1 3.7 12.0 10.6 11.4 4.6 0.7 3.8 9.1 10.0 20.4 11.3 8.2 5.7 5.8 11.8 8.0 3.5 1.9 2.1 9.4 -1.5 11.1 13.1 13.8 -5.8 -11.1 6.0 7.1 6.3 5.0 0.6 4.4 4.9 5.0 19.8 8.9 10.0 4.9 4.9 15.6 5.3 9.7 14.6 15.0 11.5 2.6 8.7 8.8 9.7 17.5 4.0 12.9 12.1 14.5 17.0 4.9 11.5 11.5 11.8 7.1 -0.5 7.6 10.4 11.0 9.2 2.5 6.5 6.2 6.2 3.7 -0.6 4.3 1.8 2.5 4.3 -7.5 12.8 14.7 14.7 3.6 -2.4 6.1 7.8 7.7 19.5 12.1 6.5 4.3 4.5 8.4 2.6 5.7 4.1 3.9 11.1 -1.4 12.7 15.2 15.0 5.3 -1.0 6.4 6.5 6.2 6.0 0.3 5.7 7.1 7.5 16.5 4.6 11.3 10.7 11.5 14.3 1.3 12.8 8.8. 10.3 -0.3 3.1 -3.4 6.5 7.5 45.6 31.0 11.2 4.6 4.9 28.1 26.1 1.6 2.1 1.0 18.7 10.0 7.9 10.5 11.7 -20.3 -24.7 5.9 5.8 2.7 -18.0 -18.4 0.4 6.0 6.4 45.6 22.4 18.9 6.5 7.4 24.2 19.1 4.2 13.5 14.8 7.5 0.2 7.3 7.3 7.2 11.2 3.3 7.6 7.6 8.1 9.9 1.1 9.0 9.5 11.5 1.1 10.3 10.5 10.8 7.9 -0.8 8.7 8.8 8.2 10.4 2.3 7.9 7.9 7.9 10.9 1.8 8.9 8.9 9.0 6.7 -0.4 7.1 7.1 7.2 9.8 2.3 7.2 7.3 7.8 11.3 4.9 6.2 6.2 6.6 15.6 7.3 7.8 7.4 7.9 12.1 2.3 9.5 9.3 10.3 8.9 -1.0 9.9 10.1 11.1 11.9 6.1 5.5 5.6 5.6 12.8 5.9 6.5 6.5 6.7 12.6 5.0 7.3 7.7 7.9 11.1 2.0 8.9 9.4 9.8 8.5 -1.3 9.9 10.6 11.1 11.6 2.6 8.8 9.0 9.1 17.9 9.4 7.7 7.1 7.5 13.7 6.7 6.5 7.1 7.2 12.8 6.2 6.2 5.7 5.7 9.7 2.8 6.7 8.0 8.5 3.1 5.5 6.1 6.0 21.1 10.1 10.0 9.9 10.2 11.2 2.5 8.5 8.4 8.7 13.4 4.5 8.5 9.6 10.3 11.1 5.1 5.7 6.1 6.3 12.8 4.9 7.5 7.7 7.8 12.4 3.5 8.7 8.9 9.5 10.0 0.5 9.5 9.0 9.9 10.4 1.0 9.3 9.4 9.6 10.8 6.3 4.3 6.1 6.7 13.1 5.8 6.9 6.4 6.6 11.2 5.3 5.6 5.1 5.2 10.7 3.4 7.1 7.8 8.4 7.2 1.3 5.8 6.1 5.8 22.0 10.8 10.1 10.0 10.3 14.0 4.9 8.7 8.6 8.9 14.8 5.0 9.3 10.2 10.7 13.3 5.5 7.3 8.0 8.5 7.2 1.0 6.1 6.1 5.9 20.1 9.9 9.3 9.8 10.2 12.9 4.1 8.5 8.4 8.7 13.0 3.9 8.7 9.7 10.3 Addenda: Gross domestic purchases: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 91 92 , ....... 95 Final sales: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 100 9.6 4.2 5.2 5.7 5.8 Final sales to domestic purchasers: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 101 102 103 104 105 10.7 4.9 5.5 5.6 5.6 12.2 5.5 6.4 6.5 6.7 12.6 4.8 7.4 7.7 7.9 11.8 2.6 8.9 9.4 9.5 -0.5 10.0 10.6 11.2 10.4 1.6 8.7 9.0 9.2 13.7 6.8 6.5 7.1 7.6 13.0 5.7 7.1 7.2 10.9 4.7 5.9 5.8 5.7 Gross domestic product: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 106 107 108 109 110 10.8 5.3 5.2 5.7 5.8 11.6 5.5 5.8 6.1 6.3 12.6 4.9 7.4 7.6 7.8 11.3 2.4 8.7 8.9 9.5 8.9 -0.4 9.3 9.0 11.7 2.0 9.4 9.4 9.6 14.6 8.6 5.5 6.1 6.7 13.9 6.8 6.6 6.5 6.6 13.1 6.7 5.9 5.1 5.2 7.7 1.2 6.4 7.8 8.4 7.7 2.2 5.4 6.1 5.8 24.0 12.0 10.8 10.0 10.4 11.7 2.8 8.7 8.6 8.9 14.4 4.9 9.1 10.2 10.7 Ill 112 113 114 115 1.1.2 6.1 4.8 5.4 5.5 12.2 6.2 5.6 6.0 6.2 13.1 5.2 7.5 7.8 8.0 11.7 2.6 9.2 9.9 -0.7 9.4 9.0 10.1 11.8 2.2 9.4 9.4 9.6 16.0 10.3 5.2 5.8 6.5 15.2 7.8 6.8 6.5 13.7 7.2 6.1 5.0 5.2 6.6 0.8 5.8 7.4 7.9 7.5 2.0 5.3 6.2 5.9 27.0 13.6 11.9 10.9 11.4 12.2 2.9 9.0 8.9 9.3 14.9 5.5 8.9 10.1 10.7 116 117 118 119 120 11.9 6.5 5.1 5.6 5.7 12.7 6.6 5.8 6.0 6.5 13.1 5.7 7.1 7.3 7.5 11.3 2.4 8.7 8.9 9.6 -1.0 10.0 9.5 10.6 12.0 2.2 9.6 9.6 9.7 15.3 10.5 4.3 18.2 10.3 7.1 14.5 7.2 6.9 7.8 2.9 4.7 8.1 2.7 5.2 23.9 12.3 10.3 11.8 2.6 9.0 14.0 5.3 8.2 121 122 9.0 3.6 10.0 4.0 12.2 4.9 12.0 2.7 10.5 0.2 11.2 2.5 2.2 12.2 6.4 14.2 8.0 11.9 5.9 9.7 3.1 13.6 3.9 12.9 4.7 13.0 4.3 Business: Current dollars 1972 dollars , Implicit price deflator Chain price index Fixed-weighted price index Nonfarm: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Disposable personal income: Current dollars 1972 dollars . 96 97 118 SURVEY OF CURRENT BUSINESS July Table 8.1.—Percent Change From Preceding Period in Gross National Productin Current and Constant Dollars, Implicit Price Deflators, and Price Indexes—Continued [Percent] Seasonally adjusted at annual rates 1979 Line I Gross national product: Current dollars . . 1972 dollars..... Implicit price deflator Chain price index Fixed-weighted price index 1980 in II IV I II 1981 III IV I II 1982 III IV I II 1 2 3 4 5 9.8 1.1 8.5 8.5 8.6 7.5 -0.9 8.5 9.0 9.8 13.6 4.8 8.3 7.7 9.2 8.1 0.7 7.3 8.2 9.4 12.2 1.5 10.5 9.0 10.5 -0.4 -9.6 10.1 9.6 10.0 11.4 1.6 9.6 9.7 9.4 15.3 4.3 10.5 11.0 11.2 19.6 7.9 10.9 9.3 10.0 5.3 -1.5 6.8 8.2 8.4 11.4 2.2 9.0 9.2 8.9 3.0 -5.3 8.8 8.4 8.5 -1.0 -5.1 4.3 5.0 4.8 7.1 1.7 5.3 4.7 4.6 ........ 6 7 8 9 10 10.3 0.9 9.3 9.0 9.1 8.5 -0.7 9.3 10.0 10.6 15.0 5.1 9.4 10.3 10.8 13.6 3.4 9.9 10.2 10.7 10.7 -0.7 11.5 12.6 13.4 0.9 -8.7 10.5 10.1 10.4 15.6 5.4 9.6 9.8 9.8 16.1 5.7 9.8 10.0 10.1 13.0 4.4 8.3 10.3 10.9 4.4 -2.7 7.3 7.4 7.7 11.3 2.9 8.2 8.0 7.6 3.4 -3.3 7.0 7.2 7.1 7.6 2.5 5.0 5.2 4.8 6.7 3.0 3.6 3.5 3.0 11 12 13 ...... 14 15 2.9 -4.0 7.1 7.3 7.3 45 -9.5 5.6 7.0 7.0 17.6 12.0 5.1 5.2 5.0 14 -7.3 6.4 7.4 7.6 8.1 -2.4 10.7 10.8 10.8 -34.1 -38.2 6.7 8.6 8.4 30.5 19.1 9.6 9.0 9.5 24.7 15.1 8.3 8.4 8.2 23.5 17.8 4.8 5.1 5.2 -10.5 -17.2 8.1 8.5 9.7 20.2 10.7 8.5 7.9 8.6 -17.9 -20.9 3.8 5.6 5.3 15.1 10.4 4.2 3.8 3.7 8.2 4.4 3.6 4.2 5.0 Nondurable goods: Current dollars.. 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 16 17 18 . 19 20 9.8 -2.6 12.7 12.2 12.7 12.3 -0.8 13.2 14.6 14.9 16.9 4.9 11.4. 12.8 13.3 18.3 7.5 10.1 10.9 11.6 9.9 -2.3 12.4 14.5 15.7 3.8 -5.6 9.9 10.1 10.6 10.8 1.1 9.5 9.2 9.1 16.9 6.2 10.1 10.0 10.0 12.0 2.9 8.9 12.3 13.4 5.1 0.1 4.9 5.5 5.5 6.5 1.5 5.0 4.3 3.7 2.9 0. 2.8 3.5 3.6 1.4 1.0 2.4 2.9 2.4 4.0 4.0 0. -0.7 19 Services: Current dollars 1972 dollars Implicit price deflator.... Chain price index Fixed-weighted price index 21 22 23 24 25 13.2 5.8 7.1 6.8 6.2 9.5 2.5 6.9 7.2 7.7 12.5 2.9 9.4 9.8 10.3 14.5 3.9 10.2 10.5 10.9 12.3 1.2 11.0 11.5 11.9 10.7 0.4 10.3 10.6 10.9 16.0 5.1 10.4 10.4 10.7 13.2 2.6 10.3 10.4 10.7 11.1 1.5 9.4 10.0 10.3 8.3 0.1 8.2 8.8 9.3 13.2 1.7 11.2 .11.3 11.2 10.3 0. 10.3 10.7 11.0 11.0 3.0 7.8 7.6 7.6 8.5 1.9 6.5 6.8 7.2 Gross private domestic investment: Current dollars 1972 dollars Implicit price deflator ... Chain price index Fixed-weighted price index . ..... 26 27 . . 28 29 30 6.0 -1.1 13.4 0.3 3.4 -6.7 -13.3 18.5 7.1 4.5 276 -32.5 68 -5.1 30.1 22.6 52.2 25.0 18.5 14.9 9.2 6.9 -13.3 22.6 -38.8 36.5 14.6 10.8 31 32 33 34 35 11.7 2.8 8.6 9.4 9.8 8.8 -1.7 10.8 11.3 12.1 19.4 8.7 9.9 10.6 11.8 07 -8.0 7.9 9.4 9.3 5.1 -4.0 9.4 10.0 10.4 278 -32.3 6.7 11.2 11.4 15.0 6.8 7.6 9.8 10.1 24.3 16.6 6.6 5.7 5.5 15.3 6.4 8.4 9.0 9.4 6.8 34 10.5 8.0 7.7 3.0 10 4.0 7.5 7.8 1.3 50 6.7 7.1 6.7 -4.6 60 1.5 4.9 4.2 -1.4 6.4 5.3 4.3 3.8 36 37 38 39 40 16.7 6.8 9.3 9.7 10.5 9.9 0.1 9.8 10.1 10.7 22.3 12.1 9.1 9.3 10.0 4.4 -4.6 9.4 10.8 11.2 13.3 2.5 10.6 10.0 10.6 133 -20.4 8.9 11.6 12.2 10.4 3.5 6.7 10.0 10.9 13.3 6.6 6.2 6.7 7.4 16.7 8.0 8.0 8.5 8.8 14.5 1.1 13.3 8.9 9.0 14.3 9.3 4.6 7.3 7.7 8.4 0.6 7.8 7.3 7.0 -3.5 5.0 1.5 5.5 5.1 -3.2 8.5 5.7 4.8 4.6 41 42 43 44 45 18.6 3.4 14.7 13.3 13.4 26.8 14.8 10.4 13.0 12.9 36.7 19.0 14.9 14.3 13.8 20.0 6.5 12.7 12.0 12.2 15.2 -0.3 15.6 13.9 13.4 66 -19.2 15.5 12.4 12.8 1.8 -11.1 14.6 9.5 9.3 11.6 3.3 8.1 7.9 6.8 27.3 18.5 7.4 9.7 8.6 27.3 12.4 13.2 8.0 7.0 19.1 12.6 5.8 8.6 7.8 22.3 5.9 15.5 8.6 6.1 5.3 1.3 4.0 5.2 4.4 5.3 1.6 3.7 4.5 3.8 46 47 48 49 50 15.8 8.1 7.1 8.0 8.6 2.6 -5.2 8.1 8.7 9.3 15.6 9.4 5.6 6.9 7.5 -3.1 -8.8 6.3 10.2 10.6 12.3 3.7 8.3 7.9 8.7 -16.9 -21.0 5.1 11.1 11.7 15.5 10.2 4.8 10.3 11.9 14.2 8.0 5.7 6.1 7.8 11.2 4.1 6.8 7.9 8.9 7.7 3.3 11.4 9.4 10.4 11.6 7.8 3.4 6.6 7.5 0.7 -1.7 2.4 6.6 7.5 -8.8 -7.6 1.3 5.7 5.5 -8.5 -12.7 4.8 5.0 5.2 51 52 53 54 55 0.8 -7.3 8.6 8.7 8.7 6.3 67 13.9 14.4 14.4 12.7 0.7 13.4 13.6 13.6 -12.4 -17.4 6.0 6.2 6.2 -14.0 -21.6 9.6 10.0 10.0 -58.2 -61.7 9.1 10.1 10.1 31.0 20.4 8.8 8.8 8.8 64.5 59.8 2.9 2.4 2.3 11.5 1.0 10.4 10.4 10.4 134 17.4 4.8 5.4 5.4 270 -31.9 7.2 8.1 8.1 20.8 25.3 6.0 6.3 6.3 8.4 -10.2 2.0 2.7 2.6 5.7 3.3 2.3 2.5 2.4 56 57 58 59 60 25.1 9.8 14.0 14.8 15.5 20.4 4.9 14.7 16.1 17.0 37.8 27.3 8.3 9.0 9.0 30.4 20.7 8.0 7.1 7.8 36.6 22.2 11.8 12.5 13.5 1.9 7.5 10.1 8.1 7.6 -0.1 -12.6 14.3 13.5 13.6 11.8 -1.9 13.9 15.1 15.0 23.3 11.3 10.8 11.6 11.5 3.9 1.0 2.9 4.8 5.2 1.8 -4.7 3.0 4.7 4.7 0.8 -2.4 3.2 2.8 2.4 8.4 -12.7 4.9 5.1 5.1 1.2 1.8 -0.6 1.5 1.6 61 62 63 64 65 12.3 -3.3 16.1 17.4 17.6 38.5 14.5 21.0 22.6 20.0 26.0 1.5 24.1 33.5 29.0 42.6 10.6 29.0 30.4 31.1 32.2 6.3 24.3 38.7 38.3 10.4 19.1 10.9 16.3 13.9 17.7 -18.0 0.4 11.1 12.9 38.0 29.2 6.8 7.9 6.3 14.4 5.8 8.0 13.1 10.5 13.8 16.8 -2.6 0.8 1.0 -4.3 11.3 -14.0 -7.1 8.4 3.7 6.0 -2.2 -1.8 3.0 -17.1 17.5 0.5 8.4 6.7 4.0 7.2 -10.4 2.1 -5.0 .... , Personal consumption expenditures: Current dollars 1972 dollars Implicit price deflator Chain price index , Fixed-weighted price index Durable goods: Current dollars 1972 dollars.... Implicit price deflator Chain price index Fixed-weighted price index . . . .. Fixed investment: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index . Nonresidential: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Structures: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Producers' durable equipment: Current dollars 1972 dollars . Implicit price deflator Chain price index Fixed-weighted price index Residential: 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Exports: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Imports: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index .. .. . . ... ... SURVEY OF CURRENT BUSINESS July 119 Table 8.1.—Percent Change From Preceding Period in Gross National Product in Current and Constant Dollars, Implicit Price Deflators, and Price Indexes—Continued [Percent] Seasonally adjusted at annual rates Line 1979 I Government purchases of goods and services: Current dollars . 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index II 1980 III IV I II 1982 1981 III IV I II III IV I II 66 67 68 69 70 5.2 -1.8 7.1 7.2 7.3 6.8 0.6 6.1 7.2 7.7 12.6 2.8 9.6 9.4 11.0 17.0 3.5 13.0 13.3 15.2 18.5 5.2 12.7 11.5 12.9 13.6 3.1 10.1 10.8 10.9 1.9 47 7.0 8.1 7.9 16.8 -0.3 17.2 14.4 15.1 13.7 5.2 8.1 7.7 8.0 3.6 41 8.0 8.9 8.5 12.2 3.6 8.2 7.2 6.5 18.6 7.0 10.8 11.3 11.1 2.4 29 5.5 6.3 5.8 1.2 -6.4 8.1 6.5 6.1 71 72 73 74 75 6.5 07 7.2 5.6 5.6 -2.7 -5.0 2.4 6.0 7.0 12.2 4.0 8.0 7.4 11.0 25.3 5.7 18.5 18.8 22.4 29.5 12.3 15.3 11.1 13.4 20.8 10.5 9.3 10.2 10.4 -10.5 -12.5 2.3 5.4 5.2 31.3 -2.6 34.8 26.3 27.2 20.9 12.2 7.8 6.7 8.6 2.2 -3.2 5.6 7.3 8.0 23.5 14.8 7.6 4.8 4.6 40.7 20.4 16.8 18.3 18.6 -1.4 -5.5 4.4 6.4 5.9 -8.6 -16.1 9.0 5.1 5.1 National defense: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 76 77 78 79 80 8.6 1.5 7.0 6.2 6.8 9.3 4.3 4.8 6.4 7.3 14.5 3.6 10.5 8.8 12.6 24.2 2.7 20.9 19.8 24.5 28.8 13.2 13.8 10.6 13.8 10.4 0.5 9.8 11.9 12.4 1.7 -2.5 4.3 4.2 4.9 25.3 21 28.0 27.2 27.2 15.4 8.0 6.8 6.9 6.8 22.1 11.5 9.6 9.6 11.3 10,8 7.6 3.0 5.4 4.2 36.7 10.1 24.2 20.5 20.6 -1.8 79 6.5 7.5 5.8 15.4 7.1 7.8 6.1 5.7 Nondefense: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 81 82 83 84 85 2.7 -4.6 7.7 4.5 2.4 -22.3 205 -2.3 5.4 6.3 7.7 4.6 3.0 4.8 6.9 27.5 11.9 13.9 16.7 16.9 30.8 10.5 18.4 12.0 12.4 43.9 32.0 9.0 6.7 5.3 -30.5 288 -2.4 7.9 6.2 44.4 37 50.0 24.6 27.5 32.4 20.7 9.7 6.3 14.0 -29.3 274 -2.7 2.9 06 55.7 31.6 18.3 3.5 5.7 49.0 43.6 3.8 14.0 13.1 -0.4 09 0.5 4.3 6.2 -45.1 492 8.1 3.3 3.2 86 87 88 89 90 4.5 25 7.1 8.1 8.5 12.5 4.0 8.1 7.9 8.2 12.8 2.1 10.5 10.5 11.0 12.6 2.2 10.2 10.4 10.7 12.7 1.2 11.4 11.7 12.5 9.6 11 10.8 11.1 11.2 9.8 0.3 9.5 9.7 9.6 9.2 1.0 8.0 8.1 7.6 9.7 1.3 8.3 8.3 7.5 4.4 46 9.4 9.8 8.9 5.7 27 8.7 8.7 7.8 6.2 08 7.0 7.0 6.2 Gross domestic purchases: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 91 92 93 94 95 8.5 0. 8.5 8.7 8.9 9.0 04 9.5 9.6 10.2 12.3 2.6 9.5 10.1 10.9 9.1 -0.5 9.6 10.7 11.4 11.6 -0.2 11.9 11.9 12.8 -2.0 106 9.6 10.6 10.6 9.0 1.7 7.1 9.3 9.5 18.2 6.7 10.7 10.2 10.4 18.5 7.4 10.4 9.4 9.9 6.4 -0.4 6.9 7.8 7.9 11.1 3.7 7.2 7.7 7.4 3.4 47 8.5 7.9 7.8 -2.1 -5.3 3.5 5.4 4.9 6.6 2.1 4.4 4.3 3.8 Final sales: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 96 97 98 99 100 10.8 1.8 8.9 8.5 8.6 6.6 -1.2 7.9 9.1 9.9 16.5 7.5 8.4 7.7 9.2 10.6 2.7 7.8 8.2 9.4 11.8 1.6 10.1 9.1 10.4 -0.4 96 10.1 9.4 10.1 14.9 3.3 11.2 9.7 9.4 14.6 3.7 10.5 11.1 11.2 14.6 5.4 8.7 9.4 10.1 3.5 -4.0 7.8 8.3 8.4 10.4 1.0 9.3 9.3 8.9 5.7 -2.3 8.1 8.5 8.6 5.6 0.2 5.4 5.0 4.8 4.8 -0.6 5.5 4.6 4.6 Final sales to domestic purchasers: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 101 102 103 104 105 9.5 0.7 8.8 8.7 8.8 8.2 -0.6 8.9 9.7 10.2 15.2 5.2 9.6 10.2 11.0 11.7 1.5 10.1 10.7 11.4 11.3 -0.1 11.4 11.9 12.7 -2.0 -10.6 9.6 10.4 10.7 12.5 3.5 8.7 9.4 9.4 17.5 6.0 10.8 10.2 10.4 13.5 4.8 8.3 9.6 10.0 4.6 -3.1 7.9 7.8 7.9 10.1 2.5 7.5 7.8 7.4 6.1 -1.6 7.8 8.0 7.9 4.6 0.1 4.5 5.4 4.9 4.3 -0.3 4.6 4.3 3.8 Gross domestic product: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index 106 107 108 109 110 9.5 0.9 8.5 8.5 8.6 6.9 -1.4 8.5 9.1 9.9 12.6 3.9 8.4 7.7 9.2 8.2 0.8 7.3 8.2 9.4 12.1 1.5 10.5 9.0 10.5 01 -9.3 10.2 9.6 10.0 11.7 2.0 9.6 9.7 9.4 16.1 5.1 10.5 11.0 11.2 19.3 7.6 10.9 9.3 10.0 5.4 -1.3 6.8 8.2 8.4 11.1 2.0 9.0 9.2 8.9 2.6 -5.7 8.8 8.4 8.5 0. 41 4.3 5.0 4.8 6.9 1.5 5.3 4.7 4.5 111 112 113 114 115 9.8 0.7 9.0 8.9 9.1 6.9 20 9.1 9.7 10.8 13.2 4.2 8.6 7.9 9.8 7.3 0.8 6.5 7.5 8.8 12.4 1.4 10.9 9.2 11.0 -1.8 -11.1 10.5 9.8 10.4 12.2 2.0 10.0 10.1 9.9 15.9 5.9 9.4 10.1 10.0 20.8 8.4 11.4 9.5 10.4 5.1 -1.5 6.7 8.4 8.6 11.9 2.4 9.3 9.6 9.3 0.7 67 8.0 7.6 7.4 -1.3 49 3.8 4.7 4.4 7.0 1.7 5.2 4.4 4.3 116 117 118 119 120 10.4 2.0 8.2 7.4 -1.9 9.4 11.4 2.0 9.2 6.7 -0.1 6.9 13.2 0.4 12.7 0.4 102 11.8 11.7 2.8 8.7 17.1 7.4 9.0 19.4 6.8 11.8 6.4 -0.6 7.1 10.4 0.3 10.1 2.1 -6.4 9.1 -0.4 -3.7 3.5 7.0 1.8 5.1 121 122 12.1 2.6 9.5 0.2 13.0 3.2 10.1 0.1 12.7 1.1 3.2 -6.6 15.3 5.2 13.0 3.0 12.3 3.7 7.9 0.6 13.4 4.8 8.3 1.2 3.0 -1.9 6.8 3.1 Federal: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index State and local: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index .... 5.0 11 6.2 6.2 5.7 8.0 0.4 7.6 7.4 6.8 Addenda: Business: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index .... Nonfarm: Current dollars 1972 dollars Implicit price deflator Chain price index Fixed-weighted price index Disposable personal income: Current dollars 1972 dollars ..... ... NOTE.—The IMPLICIT PRICE DEFLATOR for GNP is a weighted average of the detailed price indexes used in the deflation of GNP. In each period, the weights are based on the composition of constant-dollar output in that period. In other words, the price index for each item (1972=100) is weighted by the ratio of the quantity of the item valued in 1972 prices to the total output in 1972 prices. Changes in the implicit price deflator reflect both changes in prices and changes in the composition of output. The CHAIN PRICE INDEX uses as weights the composition of output in the prior period, and therefore, reflects only the change in prices between the two periods. However, comparisons of percent changes in the chain index also reflect changes in the composition of output. The FIXED-WEIGHTED PRICE INDEX uses as weights the composition of output in 1972 . Accordingly, comparisons over any time span reflect only changes in prices. 120 SURVEY OF CURRENT BUSINESS July Table 8.2.—Selected Per Capita Income and Product Series in Current and Constant Dollars and Population of the United States Current dollars Year Gross national product Personal income Disposable personal income Constant (1972) dollars Personal consumption expenditures Durable goods Total Nondurable goods Gross national product Services Disposable personal income Population (mid— year, thousands) Personal consumption expenditures Durable goods Total Nondurable goods Services 1929 849 697 676 634 76 309 249 2,590 1,883 1,765 172 805 789 121,878 1930 1931 1932 1933 1934 736 613 466 444 516 619 527 401 374 425 599 513 390 "363 413 568 487 389 364 406 58 44 29 28 33 276 233 182 177 211 233 210 178 160 162 2,319 2,122 1,817 1,767 1,891 1,710 1,626 1,395 1,349 1,421 1,620 1,545 1,392 1,356 1,398 135 115 87 85 96 759 750 687 660 699 726 680 617 612 603 123,188 124,149 124,949 125,690 126,485 1935 1936 1937 1938 1939 569 646 705 654 694 474 535 573 524 553 459 517 550 502 534 438 484 517 493 511 40 49 54 44 51 230 256 273 261 268 167 178 190 188 192 2,042 2,306 2,405 2,282 2,441 1,545 1,721 1,765 1,636 1,754 1,474 1,609 1,658 1,606 1,678 118 145 151 121 142 732 810 835 841 879 624 654 671 644 657 127,362 128,181 128,961 129,969 131,028 1940 1941 1942 1943 1944 757 937 1,175 1,405 1,522 590 715 909 1,103 1,189 570 691 865 973 1,052 537 605 657 727 781 59 72 51 48 48 280 321 376 429 465 198 212 230 251 268 2,605 3,001 3,423 3,888 . 4,112 1,847 2,083 2,354 2,429 2,483 1,740 1,826 1,788 1,815 1,844 160 181 117 102 94 908 956 963 980 1,007 672 688 708 733 742 132,122 133,402 134,860 136,739 138,397 1945 1946 1947 1948 1949 1,518 1,484 1,617 1,770 1,731 1,215 1,256 1,319 1,425 1,383 1,066 1,124 1,170 1,282 1,259 854 1,017 1,122 1,192 1,194 57 111 142 156 168 514 585 631 659 636 283 321 350 377 390 4,005 3,383 3,263 3,340 3,299 2,416 2,353 2,212 2,290 2,257 1,936 2,129 2,122 2,129 2,140 103 179 209 222 238 1,074 1,124 1,074 1,057 1,055 760 825 839 850 848 139,928 141,389 144,126 146,631 149,188 1950 1951 1952 1953 1954 1,889 2,144 2,217 2,299 2,259 1,498 1,652 1,732 1,803 1,783 1,362 1,465 1,515 1,581 1,583 1,266 1,342 1,383 1,439 1,452 203 193 186 204 196 648 705 726 730 726 415 444 472 505 530 3,526 3,755 3,828 3,908 3,794 2,392 2,415 2,441 2,501 2,483 2,224 2,214 2,230 2,277 2,278 281 253 242 264 261 1,067 1,071 1,090 1,101 1,090 876 889 898 912 927 151,684 154,287 156,954 159,565 162,391 1955 1956 1957 1958 1959 2,420 2,507 2,592 2,582 2,755 1,878 1,977 2,049 2,074 2,171 1,664 1,741 1,802 1,832 1,911 1,535 1,581 1,637 1,662 1,755 234 225 230 212 240 744 766 789 803 827 557 590 618 648 688 3,978 3,992 3,992 3,910 4,076 2,582 2,653 2,660 2,645 2,709 2,384 2,410 2,416 2,400 2,487 309 290 284 260 286 1,122 1,139 1,138 1,130 1,158 954 981 994 1,010 1,044 165,275 168,221 171,274 174,141 177,073 1960 1961 1962.. 1963 1964 2,802 2,855 3,028 3,152 3,323 2,226 2,274 2,378 2,463 2,601 1,947 1,991 2,073 2,144 2,296 1,797 1,823 1,904 1,979 2,087 238 226 250 272 294 836 845 866 883 922 723 752 788 825 871 4,079 4,118 4,289 4,398 4,566 2,709 2,742 2,813 2,865 3,026 2,501 2,511 2,583 2,644 2,751 284 268 293 315 338 1,152 1,153 1,171 1,178 1,216 1,064 1,089 1,119 1,150 1,198 180,760 183,742 186,590 189,300 191,927 1965 1966 1967 1968 1969 3,556 3,845 4,023 4,351 4,656 2,782 2,992 3,170 3,440 3,722 2,448 2,613 2,757 2,956 3,152 2,214 2,366 2,467 2,674 2,870 324 346 353 401 423 971 1,041 1,070 1,149 1,222 920 979 1,045 1,125 1,224 4,782 5,009 5,089 5,271 5,365 3,171 3,290 3,389 3,493 3,564 2,868 2,979 3,032 3,160 3,245 374 399 400 440 453 1,255 1,300 1,306 1,347 1,368 1,239 1,281 1,327 1,373 1,424 194,347 196,599 198,752 200,745 202,736 1970 1971 1972 1973 1974 4,841 5,189 5,649 6,258 6,705 3,955 4,181 4,532 5,026 5,463 3,390 3,620 3,860 4,315 4,667 3,031 3,237 3,511 3,831 4,152 415 468 529 582 568 1,296 1,342 1,432 1,573 1,746 1,320 1,426 1,550 1,676 1,838 5,293 5,404 5,649 5,918 5,827 3,665 3,752 3,860 4,080 4,009 3,277 3,355 3,511 3,623 3,566 434 473 529 572 525 1,384 1,390 1,432 1,450 1,414 1,459 , 1,492 1,550 1,600 1,627 205,089 207,692 209,924 211,939 213,898 1975 1976 1977 1978 1979 7,173 7,878 8,708 9,720 10,741 5,857 6,379 6,993 7,783 8,668 5,075 5,477 5,965 6,621 7,331 4,521 4,972 5,468 6,048 6,695 612 719 809 899 948 1,886 2,025 2,174 2,373 2,666 2,023 2,227 2,485 2,776 3,082 5,702 5,953 6,218 6,462 6,572 4,051 4,158 4,280 4,441 4,512 3,609 "3,774 3,924 4,057 4,121 522 580 626 659 654 1,424 1,476 1,513 1,547 1,568 1,664 1,718 1,784 1,851 1,898 215,981 218,086 220,289 222,629 225,106 1980 1981 11,566 12,780 9,490 10,510 8,012 8,827 7,323 8,018 941 1,020 2,945 3,195 3,437 3,803 6,475 6,537 4,472 4,538 4,087 4,123 602 609 1,563 1,576 1,922 1,937 227,654 229,872 Table 8.3.—Capital Consumption Adjustment by Legal Form of Organization and Type of Adjustment [Millions of dollars] Line Capital consumption adjustment * For consistent accounting at historical cost For current replacement cost Domestic corporate business For consistent accounting at historical cost For current replacement cost Financial . For consistent accounting at historical cost .. For current replacement cost Nonfinancial For consistent accounting at historical cost For current replacement cost Sole proprietorships and partnerships Farm * Nonfarm For consistent accounting at historical cost •. For current replacement cost Other private business l ^ Proprietors' income Rental income of persons Buildings and equipment owned and used by nonprofit institutions serving individuals 2. Addendum: Capital consumption adjustment for national income (4+13+19+20). 1977 1976 1980 1979 1978 1981 1 2 3 —35,837 28,116 -63,953 37,790 35,875 -73,665 44,551 42,946 -87,497 -52,482 51,896 -104,378 -61,221 62,910 -124,131 -62,624 79,897 -142,521 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 — 13,539 22879 36,418 -503 11,270 29,615 -40,885 -474 14,772 41,576 -56,348 -849 1,480 —2329 -13,923 40,096 —54,019 —5,732 5,855 -17,830 50,084 -67,914 -16,832 62,836 -79,668 123 351 10,320 -10,197 31,978 -232 28,323 -3,423 12,826 -12,475 36,716 -277 32,381 -4,058 -49,059 743 987 21 1246 13036 22,136 35172 —4,441 -3,691 -750 5,237 -5,987 -17,857 — 141 -15,645 -2,071 1,461 -10,796 28,628 -39,424 -4,900 4,290 -610 6,260 -6,870 21,620 -157 -19,147 -2,316 -12,725 35 118 -47,843 -409 1,447 1856 -12,316 33,671 45987 — 5,441 4,950 -491 7,828 -8,319 -26,385 -188 -23,407 -2,790 22 -33,766 -35,474 -41,761 832 2,020 -2,852 -16,998 48,064 -65,062 -6,675 -7,026 -57,163 495 2,875 -3,370 -16,337 59,961 -76,298 -5,497 -7,860 2,363 17,061 -14,698 40,295 -305 -35,520 -4,470 -58,15^ 1 Except for farm proprietorships and partnerships (line 14) and other private business (line 18), the capital consumption adjustment is calculated in two parts. The adjustment for consistent accounting at historical cost converts depreciation based on the service lives and depreciation schedules employed by firms when filing their income tax returns to consistent service lives and straight line depreciation schedules. The adjustment for current replacement cost converts the historical cost series with consistent accounting to a current replacement cost series. For farm proprietorships and partnerships and other private business the historical cost series is based on consistent service lives and straight line depreciation schedules so that the adjustment reflects only a conversion to current replacement cost. 2 Fixed capital assets owned and used by these entities are considered to be business activities selling their current services to their owners. The value of these services is included in personal consumption expenditures and is equal to their current-account purchases including capital consumption allowances with capital consumption adjustment. July 121 SURVEY OF CURRENT BUSINESS Table 8.4.—Supplements to Wages and Salaries by Type [Millions of dollars] Line 1976 1977 1978 Supplements to wages and 1 salaries. 146,409 168,902 Employer contributions for social 2 insurance (3.6;2) *. 3 Other labor income (6 151) 70,544 75865 1980 1979 1981 273,638 194,601 220,703 79,467 92,071 105,791 115,297 133,219 89 435 102 530 114 912 127 246 140419 242,543 By Type Pension, profit-sharing, and other retirement benefit plans. Old-age, survivors, and disability insurance (3.6;5). Railroad retirement (3 6' 10) Federal civilian employees retirement (3.6;11). State and local employees retirement (B.6;15). Private pension and profitsharing (6.15;21). 4 84,986 96,162 109,329 124,643 138,582 157,318 5 33,834 37,380 42,881 50,479 55,623 64,984 6 7 1255 4,866 1,384 5,466 1456 6,013 1,652 6,770 1835 • 8,455 1 716 7,446 12,059 13,500 15,011 16,839 19,103 21,800 9 32,972 38,432 43,968 48,903 54,694 60,244 10 11 12 35 089 6,225 29 41,362 6,875 34 47,972 8,585 42 54780 10,555 54 60 647 11,623 75 71537 15,955 85 13 28,835 34,453 39,345 44,171 48,949 55,497 14 Life insurance Veterans life insurance (3.6;12) 15 Private group life insurance 16 2 (6.15;24) . 4,425 7 4,418 4,800 6 4,794 5,452 3 5,449 o,840 5 5,835 6,209 6 6,203 6,449 10 6,439 ,..,. 17 18 19 20 10,386 517 1,650 8219 12,898 571 2,118 10,209 15,305 636 2,675 11,994 17,744 717 3,028 13999 19,270 838 3,184 15 248 20,120 911 3,375 15834 21 22 10,480 8,448 12,534 9,643 15,191 11,661 16111 12,315 16 028 12,073 16,156 12,182 23 24 1,504 150 2,270 220 2,889 219 3,181 196 3,463 147 3,423 204 25 ,378 401 422 419 345 347 „.,.,.. 26 1,043 1,146 1,352 1,585 1,807 2,058 Health insurance Federal hospital insurance (3.6;6)... Temporary disability insurance (3.6;16). Private group health insurance (6.15;23) 2. Workmen's compensation Federal (3 6-13) State and local (3 617) Private insurers (6 15-25) Unemployment insurance State unemployment insurance (3.6;7). Federal unemployment tax (3.6;8)., Railroad unemployment insurance (3.6;9). Private supplemental unemployment (6.15;26). Other (6.15-27) 3... 8 , 1 The 2 numbers in parentheses indicate the tables and line numbers from which the entries in this table are derived. ; Employer contributions to publicly-administered programs are classified as employer contributions for social insurance. Employer contributions to privately-administered programs are classified as other labor income. Consequently, government contributions to privately-administered health and life insurance plans for government employees are classified as other labor income. 3 Consists largely of directors' fees. m » i „ - T^ . » T * r> i _ m Table 8.5.—Rental Income of Persons by Type [Millions of dollars] Line 1977 1976 1979 ,1978 . 1980 1981 1 39,150 43,963 50,007 56,232 65,253 69,398 Rental income Nonfarm housing., , „....., Owner-occupied Permanent site Mobile homes Tenant-occupied (permanent site). Farms owned by nonoperator landlords. Nonfarm nonresidential properties. 2 3 4 5 6 7 36,192 29,158 22,281 22 404 -123 6,877 40,671 31,687 22,676 22 607 69 9,011 46,242 36,476 26134 25845 289 10,342 51,799 41,374 29471 29209 262 11,903 59,520 49,120 35,111 35,135 -24 14,009 62,530 52,609 38,167 38,318 -151 14,442 3,207 3,460 3,672 4,058 4,360 4,960 9 3,827 5,524 6,094 6,367 6,040 4,961 Royalties 10 2958 3292 3765 4 433 5733 6868 Rental income of persons 8 . Table 8,6.—Dividends Paid and Received [Millions of dollars] Line 1976 1978 1977 1979 1980 1981 Dividends paid. 1 65,834 72,570 80,701 95,680 108,071 115,574 Domestic corporate business l Financial Nonfinancial , Rest of the world 2..., 2 3 4 5 55,004 6,692 48,312 10,830 59,594 7,390 52,204 12,976 67,118 9,330 57,788 13,583 77,235 10,197 67,038 18,445 85,801 11,642 74,159 22,270 96,476 13,382 83,094 19,098 Dividends received Domestic corporate business Financial.. , Nonfinancial Rest of the world 1 ., Government Persons.. .. 2 6 65,834 72,570 80,701 95,680 108,071 115,574 7 8 9 10 11 12 25,884 7,656 18,228 2,594 842 36,514 29,115 8,839 20,276 2,637 1,256 39,562 30,634 10,572 20,062 3,086 1,671 45-310 39,675 12,424 27,251 3^335 1,913 50,757 46,123 14,331 31,792 3,'882 2,146 55,920 45,701 15,539 30,162 4,776 2,587 62,510 37,356 40,818 46,981 52,670 58,066 65,097 29,120 30,479 36,484 37,560 39,678 50,775 8,236 10,339 10,497 15,110 18,388 14,322 36,514 39,562 45,310 50,757 55,920 62,510 Addenda: Dividends in national income 13 (1-7-10). Dividends paid by domestic cor- 14 porate business (net) (2 less 7). Dividends paid to United States 15 by rest of the world (net) (5 less 10). Dividends in personal income (13 16 less 11). 1 Earnings of foreign residents from their unincorporated U.S. affiliates are treated as dividends paid by domestic corporate business (line 2) and as dividends received by the rest of the world (line 210). Earnings of U.S. residents from their unincorporated foreign affiliates are treated as dividends paid by the rest of the world (line 5) and as dividends received by domestic corporate business (line 7). 122 SURVEY OF CURRENT BUSINESS July Table 8.7,—Interest Paid and Received [Millions of dollars] Line Monetary interest paid , Business , „ Corporate business ; Financial . , On deposits * , On other liabilities.... Nonfinancial..... , Sole proprietorships and partnerships Farm Nonfarm.,. , „., Other private business Real estate Other , , 293,020 411,705 533,526 667,867 873,094 210,926 139,755 82,506 55,426 27,080 57,249 20,966 5,906 15,060 50,205 49,320 , 241,735 159,967 95,022 62,660 32,362 64,945 23,436 6,954 16,482 58,332 57,284 1,048 298,693 201,988 122,356 74,217 48,139 79,632 27,885 8,396 19,489 68,820 67,561 1,259 390,788 272,257 168,235 94,624 73,611 104,022 36,363 10,629 25,734 82,168 80,366 1,802 494,764 352,847 225,085 123,662 101,423 127,762 46,352 13,240 33,112 95,565 93,036 2,529 649,071 479,816 318,758 171,181 147,577 161,058 60,427 16,668 43,759 108,828 105,717 3,111 30,725 37,377 45,468 49,877 55,110 15 16 17 44,654 32,143 12,511 49,063 35,381 13,682 43,486 14,898 70,874 53,634 17,240 87,465 67,215 20,250 115,087 91,387 23,700 18 , 19 20 10,760 9,428 1,332 12,807 11,182 1,625 17,251 15,408 1,843 26,396 24,104 2,292 35,761 33,212 2,549 53,826 50,161 3,665 21 293,020 334,330 411,705 533,526 667,867 873,094 22 23 24 25 26 27 176,783 174,159 154,154 20,005 2,537 87 201,699 198,903 174,979 23,924 2,695 101 253,095 249,706 217,964 31,742 3,252 137 326,084 321,681 275,500 46,181 4,198 205 409,647 404,051 344,781 59,270 5,307 289 535,322 528,082 449,055 79,027 6,884 356 •,..,...., , - „..,; 14 , , „....,.,„„ Foreigners To business ..„ To Federal government... , .;..,., Monetary interest received Business ...,;. , Corporate business , Financial , Nonfinancial , , Financial sole proprietorships arid partnerships 2..... Other private business...,..,.., , ,..,„ , Persons2 Government Federal......... State and local , ,.., , Foreigners , From business , From Federal government 28 88,412 101,770 116,921 145,408 180,378 236,915 „ 29 30 81 18,767 4,995 13,772 20,867 5,731 15,136 25,713 7,703 18,010 36,565 10,888 25,677 45,402 13,716 31,686 56,674 19,091 37,583 32 33 34 9,058 4,538 4,520 9,994 4,452 5,542 15,976 7,302 8,674 25,469 14,393 11,076 32,440 19,928 12,512 44,183 27,435 16,748 , , „., Imputed interest paid. Corporate business (financial). Banks, credit agencies, and investment companies... Life insurance carriers and noninsured pension funds..... 35 59,782 68,252 83,368 98,355 111,468 125,522 36 .,.....„,.. 37 38 59,782 37,642 22,140 68,252 41,942 26,310 51,897 31,471 98,355 61,233 37,122 111,468 66,516 44,952 125,522 70,448 55,074 39 59,782 68,252 83,368 98,355 111,468 125,522 40 41 42 43 44 45 46 47 12,922 9,829 2,123 7,706 3,044 765 2,279 49 14,123 11,330 2,446 8,884 2,734 767 1,967 17,243 13,939 2,923 11,016 3,231 914 2,317 73 21,289 17,386 3,486 13,900 3,812 1,083 2,729 91 24,719 20,370 4,286 16,084 4,243 1,218 3,025 106 30,009 24,798 5,261 19,537 5,077 1,477 3,600 134 48 44,111 51,027 62,436 73,319 83,043 92,067 ,.. 49 50 51 2,749 379 2,370 3,102 554 2,548 3,689 603 3,086 3,747 347 3,400 3,706 362 3,344 3,446 420 3,026 52 53 87,225 40,134 102,520 43,521 121,672 49,710 153,773 59,798 187,699 74,953 235,653 98,339 54 55 56 21,516 26,680 132,523 23,969 30,725 152,797 29,402 37,377 179,357 40,312 45,468 218,727 49,108 49,877 263,421 60,120 55,110 328,982 57 6,222 9,949 12,003 15,833 26,391 Imputed interest received Business..... , Corporate business ,. Financial.......... Nonfinancial „ Sole proprietorships and partnerships Farm , Nonfarm. ,.,.,....., Other private business , , „. .,., ,;„.,..,.,..,. , .„ , Persons Government Federal State and local 1981 1 ., , 1980 1979 2 3 4 5 6 7 8 9 10 11 12 13 Persons (interest paid by consumers to business) Government.. Federal State and local 1978 ... ....... , 1977 1976 '.'.. Addenda: Net interest (3+8 + 11 + 18-23-26-27-33+36-41-44-47) Plus: Interest paid by government to persons and business (15-34). *....-. Less: Interest received by government (29+49).,... , Plus: Interest paid by consumers to business (14).............. Equals: Personal interest income (52+53-54+55) or (28+48) Rest of the world net interest (18-33) 1 2 , , Consists of interest paid on the deposit liabilities of commercial and mutual saving banks, savings and loan associations, and credit unions. Interest received by nonfinancial sole proprietorships and partnerships is considered interest received by persons and is included in line 28. 123 SURVEY OF CURRENT BUSINESS July Table 8.8.—Imputations in the National Income and Product Accounts [Billions of dollars] Line ' 1977 1976 1978 1980 1979 1981 . 1 Gross national product Imputations (74 + 82 + 87 + 91 + 2 92 + 95+96+97 + 98 + 100). Excluding imputations (1 — 2) 3 Personal consumption expenditures. Imputations (74 + 82+87 + 91 + 95+96+97+98-99-101). Housing services (74 + 82-99). Other (87 + 91 + 95+96 + 97+98-101). Excluding imputations (4 — 5) 1,718.0 134.7 1,918.3 150.4 2,163.9 173.1 2,417.8 197.2 2,633.1 221.2 2,937.7 240.1 1,583.4 1,767.9 1,990.7 2,220.6 2,411.9 2,697.6 4 1,084.3 1,204.4 1,346.5 1,507.2 1,667.2 1,843.2 5 63.4 60.0 69.4 89.1 128.1 145.5 6 7 36.8 26.6 30.2 29.8 32.3 37.1 45.5 43.6 81.6 46.5 99.1 46.4 8 1,020.9 1,144.4 1,277.1 1,418.1 1,539.1 1,697.7 Gross private domestic invest- 9 ment. Imputations (99 + 100 + 101). ... 10 Excluding imputations (9-10).... 11 257.9 324.1 386.6 423.0 402.3 471.5 68.5 189.4 87.3 236.8 100.0 286.6 104.3 318.7 89.4 312.9 91.2 380.4 Government purchases of goods 12 and services. Imputations (92) 13 Excluding imputations (12 — 13) .. 14 362.1 393.8 431.9 474.4 538.4 596.9 27 359.4 31 390.7 37 428.2 37 470.6 37 534.7 34 593.5 Charges against gross national 15 product. Imputations (74 + 82+87 + 91 + 16 92+95+96+97+98+100). Excluding imputations (15—16) .. 17 1,718.0 1,918.3 2,163.9 2,417.8 2,633.1 2,937.7 134.7 150.4 173.1 197.2 221.2 240.1 1,583.4 1,767.9 1,990.7 2,220.6 2,411.9 2,697.6 Capital consumption allowances 18 with capital consumption adjustment. Imputations (75+83+88) 19 Excluding imputations (18—19).. 20 175.0 195.2 222.5 256.0 293,2 330.1 30.2 144.8 34.9 160.3 40.6 181.9 47.3 208.7 53.1 240.1 58.0 272.1 Indirect business tax and nontax 21 liability. Imputations (76+84 + 89)... 22 Excluding imputations (21-22).. 23 151.7 165.7 178.2 189.6 213.0 251.3 23.2 128.5 25.5 140.2 25.9 152.3 26.2 163.4 27.9 185.1 30.7 220.6 Subsidies less current surplus of 24 government enterprises. Imputations (77) 25 Excluding imputations (24 — 25).. 26 1.0 3.1 3.7 3.4 5.5 6.6 02 0.8 01 2.9 01 3.6 01 3.2 01 5.3 02 6.4 National income ,, ., 27 Imputations (78+79 + 85 + 86+ 28 90+91+92+95 + 96+97 + 98+100). Excluding imputations (27-28).. 29 1,379.2 81.4 1,550.5 90.1 1 7603 106.8 1,966.7 123.8 2,117.1 140.3 2,352.5 151.6 1,297.9 1,460.4 1,653.5 1,842.9 1,976.7 2,200.8 30 Compensation of employees Imputations (96 + 97+98) ., 31 Excluding imputations (30-31) .. 32 10363 40 1,032.4 1 152 1 41 1,148.0 1 301 1 46 1,296.5 1 458 1 53 1,452.9 15986 5.9 1,592.8 1,767 6 6.5 1,761.1 Proprietors' income with inven- 33 tory valuation and capital consumption adjustments. Imputations (86+95+100) 34 Excluding imputations (33-34) .. 35 94.1 103.9 118.5 132.1 116.3 124.7 3.8 90.3 4.6 99.3 5.1 113.5 5.9 126.2 6.0 110.3 6.5 118.2 Rental income of persons with 36 capital consumption adjustment. Imputations (79) 37 Excluding imputations (36—37).. 38 23.5 24.8 26.6 27.9 32.9 33.9 107 12.8 81 16.7 80 18.6 73 20.7 9.5 23.4 99 24.0 Net interest 39 Imputations (78+85+90+91 + 40 92). Excluding imputations (39—40) .. 41 872 62.9 1025 73.3 1217 89.1 1538 105.3 1877 119.0 2357 128.7 Personal income. Imputations (79+86+91+95 + 96+97+98+100-77). Excluding imputations (42—43) 68.7 106.9 42 43 1 391 2 40.2 1 540 4 41.4 1 732 7 48.6 1 951 2 54.5 2 160 4 59.3 2 415 8 59.7 24.3 29.2 32.6 48.4 44 1,351.0 1,499.0 1,684.1 1,896.6 2,101.1 2,356.1 Interest received by government........ 45 Imputations (92) ,. , .... ,,.,,,.. 46 Excluding imputations (45—46) 47 21.5 27 18.8 24.0 31 20.9 29.4 37 25.7 40.3 37 36.6 49.1 37 45.4 60.1 34 56.7 Interest paid by consumers to busi- 48 ness. Imputations ( 78 ' 85 90) 49 50 Excluding imputations (48-49) 26.7 30.7 37.4 45.5 49:9 55.1 38 2 64.9 45 5 76.2 54 4 91.8 65 4 _ 110.9 77 2 127.1 88 3 143.4 Government transfer payments to 51 persons. Imputations ( 77) 52 Excluding imputations (51 — 52) ...... 53 186.4 199.3 214.6 240.0 285.8 323.9 02 186.5 01 199.4 01 214.7 01 240.1 01 286.0 02 324.2 124 July SURVEY OF CURRENT BUSINESS Table 8.8.—Imputations in the National Income and Product Accounts—Continued [Billions of dollars] Line 1977 1976 1978 1979 1981 1980 Personal taxes, outlavs, and saving . 54 Imputations (79 + 86 + 91 + 95 + 55 96+97+98 + 100-77). Excluding imputations (54 — 55). 56 1,391.2 40.2 1,540.4 41.4 1,732.7 48.6 1,951.2 54.5 2,160.4 59.3 2,415.8 59.7 1,351.0 1,499.0 1,684.1 1,896.6 2,101.1 2,356.1 Personal tax and nontax payments... 57 Imputations ( 76 84 89) 58 Excluding imputations (57 - 58) 59 196.8 23 2 220.1 226.4 25 5 251.9 258.7 259 284.6 301.0 26 2 327.2 336.3 27 9 364.2 386.7 30 7 417.4 Disposable personal income ... 60 Imputations (76 + 79 + 84+86 + 61 89 + 91 + 95 + 96+97+98 + 10077). Excluding imputations (60—61) 62 1,194.4 63.5 1,314.0 66.9 1,474.0 74.5 1,650.2 80.7 1,824.1 87.2 2,029.1 90.4 1,130.9 1,247.1 1,399.5 1,569.5 1,736.9 1,938.7 Personal outlays 63 Imputations (75+76+79 + 83 + 64 84+86+88+89+91+95+96+9 7+98-77-99-101): Excluding imputations (63 — 64) 65 1 111.9 25.2 1,236.0 14.5 1,384.6 15.0 1 553 5 23.7 17179 50.9 1,898 9 57.2 1,086.7 1,221.5 1,369.6 1,529.8 1,667.0 1,841.7 Personal saving 66 Imputations (99 + 100 + 101-75- 67 83-88). Excluding imputations (66 — 67) 68 825 38,3 780 52.4 894 59.5 967 57.0 1062 36.3 1302 33.2 44.2 25.6 29.9 39.7 69.9 97.0 Gross investment, or gross saving 69 and statistical discrepancy. Imputations (99 + 100+101).... .. .. 70 Excluding imputations (69—70). 71 263.0 310.4 372.3 421.2 410.2 475.6 685 194.5 873 223.2 100.0 272.3 1043 316.9 894 320.7 91 2 384.4 111 1 1247 1412 1599 181 5 201 7 16.3 19.0 21.7 24.5 26.1 . 28.8 94,7 105.7 119.5 135.4 155.4 172.9 75 24.6 28.7 33.6 39.3 44.1 48.2 76 23.0 25.3 25.6 25.8 27.4 30.1 77 78 79 02 866 10.7 01 438 8.1 01 52 5 8.0 01 63 2 7.3 01 74 5 9.5 02 84 9 9.9 80 48 59 66 78 91 102 Less: Intermediate goods and 81 services consumed. Equals: Gross housing product 82 (83 + 84 + 85+86). 1.1 1.5 1.8 2.0 2.4 3.7 4.3 4.8 5.8 6.7 83 1.1 1.3 1.4 1.6 1.8 i Specific imputations Owner-occupied nonfarm housing: Space rent 72 Less: Intermediate goods and 73 services consumed. Equals: Gross housing product 74 (75+76+78+79-77). Capital consumption allowances with capital consumption adjustment. Indirect business tax and nontax liability. Subsidies Net interest Rental income of persons with capital consumption adjustment. Owner-occupied farm housing: Space rent .. Capital consumption allowances with capital consumption adjustment. Indirect business tax and nontax liability. Net interest ... Proprietors' income with inventory valuation and capital consumption adjustments. 2.6 \' . 7.6 1.9 84 0.2 0.2 0.2 .0.3 03 2.0 03 2.5 04 2.8 0.2 05 3.5 0.2 85 86 06 4.2 07 4.8 Rental value of buildings and 87 equipment owned and used by nonprofit institutions serving individuals (88 + 89+90). 5.8 6.3 7.2 8.3 9.6 11.0 Capital consumption allowances 88 with capital consumption adjustment. Indirect business tax and nontax 89 liability. Net interest 90 4.5 4.9 5.6 6.4 7.2 7.9 0.0 0.1 0.1 0.2 0.3 0.4 13 14 15 17 21 27 220 27 247 31 31 0 37 36 2 37 38 1 37 37 0 34 Services furnished without payment by financial intermediaries except life insurance carriers: To persons To government 91 92 Farm products consumed on farms 93 1.3 1.2 1.2 1.3 1.2 1.2 Less: Intermediate goods and serv- 94 ices consumed. Equals: Gross farm product.. 95 0.7 0.6 0.6 0.7 0.7 0.6 06 05 06 06 05 05 Employment-related: Food furnished employees, includ- 96 ing military and domestic service. Standard clothing issued to mili- 97 tary personnel. Employees' lodging 98 3.9 4.0 4.5 5.2 5.7 6.3 0.1 0.1 0.1 0.1 0.1 0.1 00 00 00 00 00 ft ft 61.6 79.8 92.1 95.8 80.5 81.4 1.1 5.7 1.5 5.9 1.7 6.2 1.8 6.8 1.3 7.6 1,2 8.6 Other: Net purchases of owner-occupied 99 housing units. Margins on owner-built homes..... 100 Net purchases of buildings and 101 equipment owned and used by nonprofit institutions. NOTE,—Only national income and product items for which there are imputations are shown in this table. 125 SURVEY OF CURRENT BUSINESS July Table 8.9.—Relation of Capital Consumption Allowances in the National Income and Product Accounts (NIPA's) to Depreciation and Amortization as Published by the Internal Revenue Service (IRS) [Millions of dollars] Line 19T6 1977 1978 1979 1981 1980 Corporations Depreciation and amortization, IRS 1 94,143 107 954 122 489 139 470 Less* Depreciation of assets of foreign branches Depreciation or amortization of intangible assets Depreciation of films . ... ... ,„ ..... ... , Plus' Accidental damage to fixed capital other than repairable damage Depreciation of mining exploration, shafts, and wells......... Depreciation of employees' autos reimbursed by business Other 2 3 4 5 6 7 8 1722 1943 811 603 886 801 2175 1032 2 447 1 108 ., ... . 1296 3,378 1034 1 063 3,042 1005 984 669 1347 3,858 1,150 1406 4,612 1200 205 165 213 265 96 322 13 539 109,861 110 197 11 270 121,467 124 866 12725 137,591 142 729 14772 157,501 12 27,699 30962 36 068 42 314 13 14 15 16 .< 17 ..... 18 19 8845 9796 11447 12652 232 20 Equals' Capital consumption allowances, NIPA's Less* Capital consumption adjustment ... ,. . ., 21 Equals: Capital consumption allowances with capital consumption adjustment, NIPA's.,.. 22 24,597 —4,441 29,038 9 10 Equals' Capital consumption allowances NIPA's Equals: Capital consumption allowances with capital consumption adjustment, NIPA's .... 11 163 391 17 830 181,221 189 377 16832 206,209 9577 10440 43 620 -6675 50,295 51 339 5497 56,836 Sole proprietorships and partnerships Depreciation and amortization IRS . Ijess* Tax return measure of farm depreciation and amortization Depreciation or amortization of intangible assets Allowance for audit .. ,, ... , ..... Plus" Accidential damage to fixed capital other than repairable damage Depreciation of mining exploration, shafts, and wells ,..,,.,., Capital consumption allowances of farms.. . ... . ..... Depreciation on employees' autos reimbursed by business .... ... . . oqo 233 991 176 308 243 248 1274 1705 218 422 220 594 235 837 6883 7661 8578 232 267 286 27 585 —4,900 32,485 31 846 5441 37,287 37 645 —5732 43,377 1 103 6,251 Table 8.10.—Relation of Nonfarm Proprietors' Income in the National Income and Product Accounts (NIPA's) to Corresponding Totals as Published by the Internal Revenue Service (IRS) [Millions of dollars] Line 1976 1977 1979 1978 1980 Net profit (less loss) of nonfarm proprietorships and partnerships, plus payments to partners, IRS. 1 56,779 64,954 70,177 74,745 Plus1 Posttabulation amendments and revisions including allowance for audit Depletion on domestic minerals .. . .. Adjustment to depreciate expenditures for mining exploration shafts and wells Oil well bonus payments written off...., ,. , Bad debt adjustment Income received by fiduciaries Income of tax-exempt cooperatives ... 2 3 4 5 6 7 8 16032 16929 18 535 721 303 2 778 995 1 1804 21 028 1197 2269 1484 1209 1487 1580 446 456 474 487 1301 1 446 1652 1878 Equals: Nonfarm proprietors' income, NIPA's 9 77,068 86768 94,888 103,186 . .< 758 1 1981 2 99,900 100,276 Table 8.11.—Relation of Net Farm Income in the National Income and Product Accounts (NIPA's) to Farm Operators' Income as Published by the U.S. Department of Agriculture (USDA) [Millions of dollars] Line 1976 1978 1977 1981 1980 1979 1 18 682 18,417 26,660 32,351 20,149 25,114 Plus: Depreciation and other consumption of farm capital USDA Less: Salaries of corporate officers.... ,, ; Supplements to wages and salaries other than OASDHI 1 Capital consumption allowances with capital consumption adjustment, NIPA's Federal fines .. .... . . ..... • .. 2 3 4 5 6 13,042 14 726 16,244 18,416 20,506 688 564 803 654 887 740 988 809 22,198 1,100 11,141 12,570 14,226 16,322 18,824 20,814 Equals* Net farm income NIPA's 7 19482 19 320 27 220 32 817 20 033 24 575 Corporate profits with inventory valuation and capital consumption adjust- 8 ments. Proprietors' income with inventory valuation and capital consumption adjust- 9 ments. 393 264 913 892 642 620 19,089 19,056 26,307 31,925 19,391 23,955 Farm operators' income, USDA 1 . . 623 477 1 1 OASDHI consists of employer contributions to old-age, survivors, disability, hospital, and supplementary medical insurance. 1 1 1 822 1 126 SURVEY OF CURRENT BUSINESS July Table 8.12.—Relation of Corporate Profits, Taxes, and Dividends in the National Income and Product Accounts (NIPA's) to Corresponding Totals as Published by the Internal Revenue Service (IRS) [Millions of dollars] Line 1976 1977 1978 1979 1980 1 186 497 219 523 247 406 282 964 Plus: Posttabulation ammendments and revisions, including allowance for audit profits 2 11728 10134 10 952 13 750 6755 6,321 Total reeeipts less total deductions, IRS 1 and gross renegotiation refunds. Depletion on domestic minerals ,. . Adjustment to depreciate expenditures for mining exploration, shafts, and wells Oil well bonus payments written off ., . .... . , , State and local cororate profits tax accruals Income of Federal Reserve banks and other federally sponsored credit agencies. Adjustment for insurance carriers and mutual depositary institutions .......... .. Bad debt adjustment 3 4 5 6 7 S 9 4,809 3,022 4990 3,906 5681 5,092 623 411 405 506 9 267 6,289 1845 5792 11 084 6,612 2344 6601 11 900 8363 2448 7360 13 412 10 388 2936 8 402 Less: Tax-return measures of: Gains net of losses from sale of property Dividends received from domestic corporations... .. ......... . ... Income on equities in foreign corporations and branches (to U S corporations) Costs of trading or issuing corporate securities Plus1 Income received from equities in foreign corporations and branches by all U.S residents, net of corresponding outflows. 10 11 12 13 14 10347 12356 49826 1 611 14273 13994 13 032 52 774 1 554 15149 16741 13321 53683 1576 19,728 20973 16825 77999 1695 30,606 Equals* Profits before taxes NIPA's 15 166 315 194 712 229 118 252 676 16 83,005 96340 107,888 120,047 Plus* Posttabulation amendments and revisions including results of audit and renegoti- 17 ation and carryback refunds. 18 Amounts paid to U S Treasury by Federal Reserve banks ,. . ... 19 State and local corporate profits tax accruals .... 951 1057 7 739 5,871 9267 5937 11084 7,006 11900 9279 13412 24 250 9,088 10 26 844 11 038 1723 27492 12,897~ 3 174 38 203 14635 1564 ... 23 63,844 72,699 83238 24 102,471 122 013 25 55,511 61,537 Plus* Posttabulation amendments and revisions .. ,. ,,, .. ,, .. ... ... ,. 26 Dividends paid by Federal Reserve banks and other federally sponsored credit 27 agencies. 28 U S receipts of dividends from abroad net of payments to abroad * 712 189 Federal income and excess profits taxes IRS ••• Less* U S tax credits claimed for foreign taxes paid Investment tax credit ... . .. Other tax credits • •• 20 .... ........ , . . . . . Equals* Profits tax liability NIPA's ... ,..,.....,.,,. 21 22 , .. Profits after tax NIPA's (15—23) Dividends paid in cash or assets, IRS • .. 1981 242 446 232 076 87597 84,652 81,175 145,880 165,079 157,794 150,901 69,133 83,139 900 209 272 267 1,980 4,018 5195 5,037 6761 34104 1 447 301 Less1 Dividends received by U S corporations ^ .. Capital gains distributions of investment companies 29 30 22637 24604 26482 437 619 702 Equals* Net dividend payments NIPA's 31 37 356 40,818 46 981 52 670 58 066 65 097 Undistributed profits NIPA's (24 31) 32 65 115 81 195 98 899 112 409 99 728 85 804 1 In Tables 6.24 and 8.6, earnings of U.S. residents from their unincorporated foreign affiliates and the earnings of foreign residents from their unincorporated U.S. affiliates are treated as dividends. These earnings are not included in lines 28 and 29 of this table. Net dividend payments (line 31), however, is identical to the total shown in Table 6.24 and to dividends paid in national income (line 13) in Table 8.6. Table 8.13.—Comparison of Personal Income in the National Income and Product Accounts (NIPA's) with Adjusted Gross Income as Published by the Internal Revenue Service (IRS) [Millions of dollars] Line 1976 1980 1979 1978 1977 1 1,053,896 1,158,492 1,302,447 1,463,667 1,606,266 2 354 438 175,213 396456 187,143 440 918 200,569 499,482 222,608 564,007 264,706 6 74,822 40,241 22,140 88,289 41,376 26,310 101,178 48,593 31,471 113,327 54,545 37,122 125,439 59,299 44,952 7 8 9 10,312 6,692 25018 12,463 12,084 28791 14,297 13,098 31712 16,391 21,127 34362 18,790 12,106 38715 Less* Portion of adjusted gross income not included in personal income Personal contributions for social insurance . V.. Net gain from sale of assets Taxable private pensions Small business corporation income .. ...... ... ...... Other income in adjusted gross income but not in personal income . 10 11 12 13 14 15 95,368 55,485 18717 15,899 1,876 3391 109 485 61,113 21361 19,082 1,973 5956 126 490 69,769 24488 22,215 2 285 7733 146 387 81 107 27719 25,363 2315 9883 160 641 88 686 28 491 29,440 Plus" Difference between BEA and IRS measures of adjusted gross income 1 16 78226 94,944 115 798 134 408 150,769 Equals! Personal income, NIPA's 17 1,391,192 1 540,407 1,732,673 1,951,170 2,160,401 Adjusted gross income IRS . . . . . . . . . . ... ... Plus* Portion of personal income not included in adjusted gross income Transfer payments except taxable military retirement and taxable government pensions. Other labor income except fees. , ,. . ..... ... Imputed income in personal income . . .. ... ... .. .. . .. ... Investment income retained by life insurance carriers and noninsured pension funds. Investment income received by nonprofit institutions or retained by fiduciaries Differences in accounting treatment between NIPA's and tax regulations, net. ....... . 3 4 5 940 13084 1 Consists of income earned by low-income individuals who are not required to file income tax returns, unreported income identified by IRS audit programs that is included in the NIPA measure, and gross errors and omissions in lines 2 through 15. Also includes the net effect of errors in the IRS adjusted gross income (line 1) and NIPA personal income (line 17) measures. Such errors can arise from the sample used by IRS to estimate line 1 and from the data sources used by BEA to estimate line 17. July 127 SURVEY OF CURRENT BUSINESS 9. Seasonally Unadjusted Estimates Table 9.1.—Gross National Product, Quarterly Totals Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted Line 1977 I Gross national product.. .. 1978 II HI IV I 1979 II III IV I 1980 II III IV I II 1981 * III IV I II III IV 437.2 474.5 489.4 517.3 486.5 537.2 550.4 589.8 560.8 596.7 610.4 649.8 619.8 645.3 659.0 709.0 686.7 727.2 745.0 778.8 expendi- 2 275.5 296.7 303.9 328.3 305.5 332.0 340.6 368.4 346.9 367.6 379.7 413.0 391.0 403.5 416.8 456.0 431.0 451.7 465.2 495.4 3 4 5 37.4 105.4 132.7 45.2 117.5 134.0 44.7 120.0 139.2 50.9 135.9 141.5 40.9 115.5 149.1 51.8 128.2 151.9 50.3 133.0 157.3 57.3 151.5 159.6 ,47.2 130.9 168.8 53.2 144.7 169.7 53.4 151.0 175.3 59.7 173.4 179.9 49.1 152.2 189.7 49.5 163.1 190.8 52.3 165.5 199.0 63.4 189.5 203.0 52.8 164.5 213.7 57.8 179.9 213.9 59.6 184.3 221.2 64.3 205.8 225.3 Gross private domestic investment... 6 70.6 80.0 86.6 86.8 83.8 99.4 101.1 102.3 98.3 110.0 109.2 105.5 98.6 101.5 99.5 102.7 106.9 123.6 124.2 116.9 Fixed investment Nonresidential Structures . . . . . . ..... Producers' durable equipment. Residential Nonfarm structures.. ........ Farm structures Producers' durable equipment. Change in business inventories Nonfarm. ;,.;, .. .. Farm 7 8 9 10 63.7 46.7 13.6 33.1 77.0 51.8 15.6 36.3 78.8 50.4 17.2 33.3 81.6 56.2 18.0 38.2 75.5 54.9 15.7 39.1 92.4 63.3 19.0 44.3 94.9 62.4 21.2 41.2 97.4 68.3 22.8 45.5 90.9 67.1 19.9 47.2 103.4 72.7 23.3 49.5 106.5 72.5 26.6 45.9 108.0 77.8 28.5 49.3 98.2 74.6 24.8 49.8 100.8 76.9 27.0 49.9 103.0 75.7 28.6 47.2 110.3 81.9 30.2 51.7 102.9 79.3 26.7 52.5 115.9 87.2 31.2 56.0 114.5 86.4 34.5 52.0 117.7 93.2 37.3 55.9 11 12 18 14 17.0 16.2 0.3 0.5 25.1 24.1 0.5 0.6 28.3 27.3 0.5 0.6 25.4 24.4 0.3 0.6 20.6 19.7 0.3 0.6 29.0 28.1 0.3 0.6 32.5 31.3 0.6 0.6 29.1 27.9 0.5 0.7 23.8 22.9 0.3 0.7 30.7 29.7 0.3 0.7 33.9 32.7 0.5 0.7 30.2 28.8 0.6 0.8 23.6 22.2 0.6 0.7 23.9 22.8 0.4 0.7 27.3 26.2 0.3 0.8 28.4 27.1 0.5 0.8 23.7 22.6 0.2 0.8 28.7 27.5 0.4 0.8 28.1 26.7 0.7 0.8 24.5 23.0 0.7 0.8 15 16 17 6.9 6.7 0.2 3.1 2.8 0.2 7.8 7.6 0.2 5.2 4.8 0.4 8.3 8.1 0.2 7.0 6.8 0.2 6.2 5.9 0.3 4.9 4.6 0.3 7.4 6.1 1.3 6.6 5.2 1.4 2.8 1.0 1.8 -2.5 38 1.3 0.4 0.8 -0.4 0.7 1.8 -1.1 -7.6 -6.2 14 4.0 3.4 0.6 7.7 6.3 1.3 9.6 7.8 1.8 -0.8 -2.6 1.8 Personal tures. consumption Durable goods Nondurable goods Net exports of goods and services „.. 18 : -2.9 -3.5 -2.1 -1.5 , .--2.7 0.0 4.5 4.7 3.4 0.3 4.8 3.6 6.9 6.4 8.3 7.6 6.5 3.9 8.2 19 20 43.9 44.3 47.7 47.2 44.9 47.5 46.3 47.8 48.2 50.9 55.0 55.0 53.5 56.4 62.1 57.5 63.6 58.9 68.7 65.3 69.9 69.6 79.1 74.3 83.7 80.2 86.1 79.2 81.4 75.0 88,0 79.6 90.9 83.3 94.0 87.5 89.4 85.5 93.2 85.0 Government purchases of goods 21 and services. 91.4 97.2 101.4 103.7 99.9 105.8 111.6 114.6 111.0 115.6 121.2 126.5 126.7 133.3 136.3 142.1 141.2 145.5 151.8 158.4 22 23 24 25 33.6 22.7 10.9 57.9 35.1 23.1 12.0 62.1 36.3 23.4 12.9 65.1 38.4 23.6 14.8 65.3 36.4 23.9 12.5 63.5 36.9 24.9 12.0 69.0 38.7 25.5 13.? 73.0 41.7 26.1 15.6 72.9 40.8 26.6 14.1 70.2 40.2 27.3 13.0 75.4 41.5 28.2 13.2 79.8 45.9 29.7 16,2 80.6 47.2 31.7 15.5 79.5 49.0 32.4 16.6 84.3 47.7 32.7 15.1 88.6 53.2 34.5 18.7 88.8 54.0 35.8 18.2 87.2 53.9 37.5 16.3 91.6 56.9 38.7 18.2 94.8 64.1 41.7 22.5 94.3 26 27 431.4 430.3 468.5 471.4 483.8 481.5 511.2 512.1 479.4 478.1 530,5 530.1 543.8 544.2 580.6 584.9 551.4 553.4 586.4 590.1 599.8 607.7 637.5 652.3 .607.3 619.4 633.4 644.6 648.7 662.5 697.6 716.6 674.6 682.7 715.5 719.6 733.6 735.4 764.9 779.6 II III IV Exports Imports. Federal National defense ..... ..... . ..... . ..... Nondefense State and local -0.4 0.5 -2.6 -1.5 Addenda: Gross domestic product Final sales . . . , Table 9.2.—Personal Consumption Expenditures by Major Type of Product, Quarterly Totals Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted 1977' Line I 1978 II III IV I 1979 II III IV I 1981 1980 II III IV I : II III IV I Personal consumption ex- 1 penditures. 275.5 296.7 303.9 328.3 305.5 332.0 340.6 368.4 346.9 367.6 379.7 413.0 391.0 403.5 416.8 456.0 431.0 451.7 465.2 495.4 2 37.4 45.2 44.7 50.9 40.9 51.8 50.3 57.3 47.2 53.2 53.4 59.7 49.1 49.5 52.3 63.4 52.8 •XS7.8 59.6 64.3 3 Motor vehicles and parts Furniture and household equip- 4 ment. Other 5 18.2 13.6 22.9 15.6 22.1 16.0 21.7 20.5 20.2 14.5 26.9 17.3 24.8 17.9 23.9 23.2 23.3 16.8 25.4 19.3 24.7 20.3 23.1 25.5 23.0 18.3 21.0 19.8 22.5 20.7 23.3 27.5 24.1 19.9 25.0 22.4 26.6 22.7 22.7 28.3 5.6 6.7 6.7 8.7 6.2 7.6 7.7 10.2 7.1 8.5 8.4 11.1 7.8 8.7 9.1 12.6 8.7 10.3 10.3 13.2 6 105.4 117.5 120.0 135.9 .115.5 128.2 133.0 151.5 130.9 144.7 151.0 173.4 152.2 163.1 165.5 189.5 164.5 179.9 184.3 205.8 7 8 9 10 11 12 53.6 17.6 10.8 23.4 3.9 19.5 62.2 19.4 12.5 23.4 2.0 21.4 65.6 18.8 12.8 22.8 1.7 21.1 68.4 26.8 12.0 28.6 3.1 25.5 62.2 16.9 11,3 25.0 4.3 20.7 68.4 21.3 12.8 25.7 2.3 23.4 71.2 22.4 13.6 25.8 1.9 23.9 74.1 31.7 13.5 32.2 3.4 28.8 70.0 19.2 13.6 28.1 4.9 23.2 77.2 23.1 15.6 28.7 3.0 25.7 79.9 23.7 18.6 28.8 3.0 25.8 84.4 33.0 18.8 37.2 5.3 31.9 78.8 i 84.7 24.0 20.6 20.2 22.6 31.9 32.7 6.8 3.6 25.9 28.2 87.2 24.6 21.6 32.1 3.1 28.9 93.0 35.5 22.6 38.4 5.4 33.0 86.4 22.3 21.8 34.0 7.1 26.9 93.9 27.2 24.1 34.8 3.9 31.0 95.9 27.4 26.3 34.8 3.3 31.5 99.1 37.7 24.7 44.2 5.4 38.8 13 132.7 134.0 139.2 141.5 149.1 151.9 157.3 159.6 168.8 169.7 175.3 179.9 189.7 190.8 199.0 203.0 213.7 213.9 221.2 225.3 51.6 20.7 9.1 11.6 13.1 66.5 53.4 21.6 9.6 12.0 13.4 69.0 54.8 22.8 10.5 12.3 12.9 69.1 56.3 27.8 15.4 12.4 12.7 72.0 60.0 23.5 10.5 13.1 14.8 77.1 61.9 25.3 12.0 13.3 14.6 78.2 63.6 30.5 17.0 13.5 14.7 80.9 .65.5 25.4 11.7 13.6 15.7 84.2 67.6 27.1 13.3 13.8 16.6 87.7 69.3 28.7 14.5 14.2 15.9 89.1 71.0 35.4 20.7 14.7 15.8 91.5 72.9 29.2 13.9 15.3 16.5 95.4 74.9 31.1 15.4 15.8 17.0 98.2 76.6 33.2 16.8 16.4 16,2 99.3 Durable goods Nondurable goods Food .. ..... Clothing and shoes Gasoline and oil .. Other nondurable goods Fuel oil and coal Other.... Services Housing , , Household operation Electricity and SBS Other .. ... Transportation • Other,.. .. . , 14 15 16 17 18 « 19 44.7 22.3 12.2 10.2 10.5 55.2 45.8 18.4 7.9 10.5 11.7 58.1 47.1 19.6 8.8 10.8 12.3 60.1 48.2 20.7 9.6 11.2 11.9 60.7 49.8 25,0 13.7 11.3 11.8 62.5 57.9 22.7 10.0 12.7 14.3 74.8 , 128 July SURVEY OF CURRENT BUSINESS Table 9.3.—Federal Government Receipts and Expenditures, Quarterly Totals Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted I Receipts Personal tax and nontax receipts ...... Corporate profits tax accruals Indirect business taxes and nontax liability. Contributions for social insurance Expenditures Purchases of goods and services.... National defense Nondefense Transfer payments . .. To persons To foreigners. , 1978 1977 Line II III IV 1980 1979 I II III IV 105.5 1 : 87.7 103.5 95.8 88.2 95.4 119.5 111.2 2 3 4 36.3 13.2 5.8 47.7 16.6 6.2 44.7 16.0 6.6 41.3 15.8 6.4 37.6 13.6 6.3 54.8 19.1 7.2 52.8 18.8 7.8 I I II III IV 115.0 136.1 124.3 118.3 127.1 47.0 17.9 7.1 65.6 19.7 7.3 57.7 18.0 7.6 .53.5 19.0 7.5 49.7 19.9 7.4 60.3 18.6 7.4 1981 II III IV 143.5 136.3 133.9 147.3 67.8 17.1 10.4 65.1 18.2 11.8 61.4 18.0 14.0 71.2 16.0 9.1 I II III IV 174.0 159.5 147.4 78.9 17.4 14.4 71.4 14.7 14.6 86.4 17.3 15.5 5 32.4 33.0 28.4 24.6 37.9 38.5 32.3 28.5 43.0 43.6 38.0 35.0 47.1 47.2 41.1 38.7 53.9 54.8 48.9 46.8 6 101.1 102.6 106.6 110.8 111.5 112.6 115.4 121.4 122.5 123.2 128.5 135.5 142.6 146.8 152.0 160.7 166.9 166.3 172.7 182.3 7 8 9 33.6 22.7 10.9 35.1 23.1 12.0 36.3 23.4 12.9 38,4 23.6 14.8 36.4 23.9 12.5 36.9 24.9 12.0 38.7 25.5 13.2 41.7 26.1 15.6 40.8 26.6 14.1 40.2 27.3 13.0 41.5 28.2 13.2 45.9 29.7 16.2 47.2 31.7 15.5 49.0 32.4 16.6 47.7 32.7 15.1 53.2 34.5 18.7 54.0 35.8 18.2 53.9 37.5 16.3 56.9 38.7 18.2 64.1 41.7 22.5 43.5 42.7 0.7 42.3 •41.5 0.8 42.9 42.0 0.9 44.2 43.4 0.8 46.2 45.4 0.8 45.5 44.5 1.0 46.3 45.4 0.9 47.6 46.5 1.1 50.6 49.6 1.1 50.6 49.6 1.0 53.0 52,1 0.9 54.9 53.7 1.2 59.3 58.1 1.2 59.7 58.6 1.1 65.5 64,2 1.2 67.0 65.3 1.7 70.2 68.9 1.3 69.2 68.0 1.2 72.8 71.2 1.5 74.4 72.8 1.7 16.4 18.0 17.9 18.2 19.2 19.4 20.5 18.7 19.3 20.6 21.9 21.0 21.5 22.2 23.9 22.8 22.1 21.3 21.4 11.2 14.4 11.5 2,9 3.1 12.7 15.8 12.7 3.1 3.1 13.6 16.9 14.0 2.9 3.3 13.1 16.7 13.7 3.0 3.6 13.8 17.9 14.3 3.5 4.1 16.8 21.3 17.3 3.9 4.4 17.5 22.1 17.9 4.2 4.7 18.1 23.2 19,0 4.3 5.1 19.4 24.7 20.5 4.3 5.3 ..... ,, .. . 10 11 ,.,.... 12 Grants-in-aid to State and local governments. 13 15.3 Net interest paid Interest paid To persons and business..,, ... To foreigners Less: Interest received by government. 14 15 16 17 18 7.1 --8,5 7.3 1.2 1.4 7.1 8.7 7.4 1.3 1.6 7.2 8.8 7.4 1.4 1,6 7.8 9.5 7.8 1.7 1.7 8.4 10.1 8.2 1.9 1.7 8.5 10.5 8.5 2.1 2.1 8.9 11.0 8.9 2.1 2.1 9.4 11.8 9.3 2.5 2.4 10.2 12.7 9.9 2.8 2.5 10.5 13.2 10.5 2.7 2.7 10.5 13.4 10.7 . 2.7 2.9 19 1.7 1.7 2.3 2.5 2.4 2.6 2.3 2.3 2.1 2.5 2.9 1.6 2.4 2.9 3.6 2.8 3.0 3.6 3.7 2.9 20 21 1.6 -0.1 1.5 -0.2 1.8 -0.4 2.6 0.1 2.1 -0.3 2.1 -0.5 2.1 -0.2 3,0 0.7 2.3 0.2 2.3 -0.2 2.3 -0.6 2.3 0.6 2.5 0.1 2.4 -0.5 2.3 -1.2 3.2 0.3 3.1 0.1 2.8 -0,8 3.0 -0.7 3.3 0.5 Less: Wage accruals less disbursements. 22 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 Surplus or deficit ( — ), national income and product accounts. 23 6.9 -4.3 Subsidies less current surplus of government enterprises. Subsidies Less: Current surplus of government enterprises. -13.4 0.9 -10.9 -22.6 -16.1 -16.0 -7.5 13.0 -4.3 -17.3 -15.6 -3.3 -15.7 -26.8 -19.6 7.7 -13.2 -34.9 Table 9.4.—State and Local Government Receipts and Expenditures, Quarterly Totals Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted 1977 Line I II 1978 III IV I II IV I II 1981 1980 1979 III III IV I II III IV I II III .... 1 69.2 73.2 71.8 83.5 76.8 82.5 79.2 89.1 83.9 85.4 85.1 97.5 93.7 93.0 92.2 106.9 102.3 103.5 98.3 Personal tax and nontax receipts ...... Corporate profits tax accruals ....... Indirect business tax and nontax accruals. Contributions for social insurance 2 3 4 13.6 14.5 13.8 14.4 16.9 16.4 16.4 18.0 17.5 18.6 18.8 19.9 19.6 20.5 20.6 23.3 21.8 37.3 15.7 31 34.7 5 5.3 5.4 5.8 5.9 6.0 Federal grants-in-aid 6 15.3 16.4 18.0 17.9 18.2 19.2 Receipts .. ... 2.4 3.0 2.9 2.9 148 23 32.7 33.9 31.5 42.6 35.6 5.6 3.2 6.3 33 42.5 6.5 19.4 20.5 33 38.9 6.6 36 34 37.9 36^8 6.8 6.9 18.7 19.3 20.6 3.2 7.1 21.9 IV 112.6 23.0 38 0 O 3.6 37 3.7 3.6 3.6 3.1 42.9 4l!l 39.2 51.0 47.2 46.2 43.2 56.3 7.2 21.0 7.2 7.6 7.9 8.1 8.4 8.6 8.8 21.5 22.2 23.9 22.8 22.1 21.3 21.4 7 62.7 66.9 70.0 70.1 68.4 73.9 77.7 77.3 74.3 79.4 83.5 84.3 83.5 88.2 92.9 93.1 91.7 95.8 99.1 98.4 Purchases of goods and services..., 8 57.9 62.1 65.1 65.3 63.5 69.0 73.0 72.9 70.2 75.4 79.8 80.6 79.5 84.3 88.6 88.8 87.2 91.6 94.8 94.3 Transfer payments to persons 9 7.2 7.3 7.5 7.7 8.0 8.2 8.3 8.3 8.5 8.6 8.8 9.2 9.4 9.7 10.1 10.4 10.5 10.6 10.8 11.0 —4.3 45 Expenditures 10 11 09 3,3 —0.9 Less: Interest received by government. 12 4.2 4.3 4,4 4.7 4.8 Less: Dividends received by government. 13 0.3 0.3 0.3 0.4 0.4 Subsidies less current surplus of government enterprises. Subsidies ....... .. Less: Current surplus of government enterprises. 14 15 16 0.1 1.3 0.1 1.3 0.1 1.3 0.1 1.4 0.1 1.4 0.1 1.5 0.1 1.5 0.1 1.5 0.1 1.5 Less: Wage accruals less disbursements. 17 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 Surplus or deficit (— ), national income and product accounts. 18 6.5 6.3 1.7 13.4 8.4 8.7 1.5 11.8 9.5 N t ' t t 'd Interest paid to persons and busi- -1.3 — 1.0 — 1.2 — 1.2 -1.3 -1.3 -1.3 -1.4 — 1.9 —2.4 3^9 . 40 5.1 5.4 5.8 6.4 0.4 0.4 0.4 0.4 -1.4 NOTE.—Prior to 1968, dividends received is included in interest received (line 12). 16 3.8 — 1.4 3^5 -1.5 -1.5 -1.5 —31 44 —3.5 — 3.4 —3.7 40 39 4^6 48 5.0 37 5.1 42 5.3 5.5 5.8 7.1 7.6 8.1 8.2 8.6 8.9 9.3 9.4 io.o 10.4 10.9 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.7 0.7 — 2.9 -1.5 01 1.5 -0.2 6.1 -1.5 -1.5 -1.5 -1.5 -1.6 -1.6 -1.6 01 1.6 01 1.6 01 1.6 0.1 1.6 0.1 1,6 01 1.7 0.1 1.7 0.0 0.0 0.0 0.0 0.0 0.0 1.6 13.2 10.2 4.8 -0.7 13.8 -1.6 6.3 -1.6 -1.6 0.1 0.1 1.7 0.1 0,0 0.0 0.0 0.0 10.7 7.7 -0.7 14.1 July 129 SURVEY OF CURRENT BUSINESS Table 9.5.—Foreign Transactions in the National Income and Product Accounts, Quarterly Totals Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted 1977 Line I II 1978 III IV I II 1979 III IV I II 1981 1980 III IV I II III IV 1 II III IV Receipts from foreigners 1 43.9 47.7 44.9 46.3 48.2 55.0 53.5 62.1 64.7 68.7 69,9 79.1 84.9 86.1 81.4 88.0 92.0 94.0 89.4 93.2 Exports of goods and services ,....,.. Merchandise Services ........ Factor income.. Other 2 3 4 5 6 43.9 29.1 14.8 7.8 7.0 47.7 31.8 15.9 8.2 7.7 44.9 28.8 16.1 8.0 8.1 46.3 30.0 16.3 8.7 .7.6 48.2 30.4 17.8 9.7 8.1 55.0 36.5 18.5 9.9 8.6 53.5 34.2 19.3 10.1 9.1 62.1 39.8 22,2 13.3 8.9 63.6 40.8 22.8 13.9 8.9 68.7 44.0 24.8 15.4 9.3 69.9 43.6 26.2 16,4 9.8 79.1 50.8 28.3 19.1 9.2 83.7 53.5 30.3 20.2 10.0 86.1 56.1 30.0 19.0 10.9 81.4 52.9 28.5 16.5 12.0 88.0 57.5 30.4 19.4 11.0 90.9 58.9 31.9 20.6 11.4 94.0 60.6 33.4 21.1 12.3 89.4 54.4 35.0 21.4 13.5 93.2 58.0 35.2 23.0 12.2 Capital grants received by the 7 United States (net). 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.1 0.0 0.0 0.0 1.2 0.0 0.0 0.0 1.1 0.0 0.0 0.0 43.9 '47.7 44.9 46.3 48.2 55.0 53.5 62,1 64.7 68.7 69.9 79.1 84.9 86.1 81.4 88.0 92.0 94,0 89.4 93.2 .... 9 10 11 12 13 44.3 36.2 8.1 1.9 6.1 47.2 37.8 9.4 2.2 7.2 47.5 37.5 10.0 2.3 7.6 47.8 38.6 9.1 2.6 6.5 50.9 41.4 9.5 2.6 6.9 55.0 43.7 11.3 3.3 8.0 56.4 43.8 12.6 3.5 9.1 57.5 45.5 12.0 4.1 7.9 58.9 46.4 12.5 4.5 7.9 65.3 50.8 14.5 5.2 9.3 69.6 53.5 16.2 5.8 10.4 74.3 58.7 15.6 6.8 8.9 80.2 63.1 17.1 7.7 9.4 79.2 61.7 17.5 7.2 10.3 75.0 57.5 17.5 6.2 11.3 79.6 61.8 17.9 8.0 9.9 83.3 64.5 18.8 8.5 10.2 87.5 66.5 21.0 9.4 11.6 85.5 63.5 22.0 10.0 12.0 85.0 65.6 19.4 9.0 10.4 14 15 16 1.0 0.2 0.7 1.0 0.2 0.8 1.1 0.2 0.9 1.0 0.2 0.8 1.0 0.2 0.8 1.2 0.2 1.0 1.0 0.2 0.9 1.3 0.2 1.1 1.2 0.2 1.1 1.2 0.2 1.0 1.1 0.2 0.9 1.6 0.3 1.2 1.4 0.2 1.2 1.2 0.2 1.1 1.4 0.2 1.2 2.0 0.3 1.7 1.4 0.1 1.3 1.4 0.2 1.2 1.7 0.1 1.5 1.9 0.2 1.7 Interest paid by government to for- 17 eigners. 1.2 1.3 1.4 1.7 1.9 2.1 2.1 2.5 2.8 2.7 ,2.7 2.9 3.1 2.9 3.0 3.5 3.9 4.2 4.3 4.3 18 25 18 51 42 57 33 0.7 1.9 04 36 0.4 0.3 2.8 2.0 2.8 3.3 0.9 21 2.0 8 Payments to foreigners Imports of goods and services Merchandise Services.,... ... Factor income Other Transfer payments (net) From persons (net) From government (net).,....,,, gn -6.1 Table 9.6.—Corporate Profits With Inventory Valuation Adjustment and Without Capital Consumption Adjustment, Quarterly Totals Not Seasonally Adjusted [Billions of dollars] Quarterly totals not seasonally adjusted 1977 Line I II 37.6 46.4 48.0 2 42.8 51.6 3 4 15.6 27.2 19.5 32.1 Corporate profits with inven- 1 tory valuation adjustment and without capital consumption adjustment. Profits before tax Profits tax liability.... Profits after tax .... ....... Inventory valuation adjustment , 1978 .... 5 -5.2 -5.3 III IV II 46.5 41.0 53.7 53.3 50.1 50.2 46.3 60.0 58.9 18.9 31.2 18.7 31.5 15.9 30.4 22.3 37.7 21.9 37.0 -6.8 -9.2 -2.1 -3.6 -5.3 -6.3 1980 1979 IV I III -5.6 HI II 51.0 49.6 48.7 63.5 63.1 64.6 22.0 41,5 21.2 41.9 22.8 41.8 II 50.9 55.5 52.2 63.9 60.1 66.1 23.1 40.7 21.2 38.9 23.2 42.9 57.1 -10.6 IV I I -11.2 -12.1 -15.0 1981 III IV I II 50.7 59.0 57.9 54.3 20,9 38.1 20.9 37.0 17.8 36.5 51.0 51.3 ^52.9 56.7 58.9 62,3 60.9 19.2 37.4 20.7 38.2 22.0 40.3 21.6 39.3 -8.7 -11.3 -9.6 IV 52.6 50.2 -7.9 III -6.0 -5.4 -3.6 130 SURVEY OF CURRENT BUSINESS July Errata: National Income and Product Accounts, 1929-76 The tables below provide corrections to estimates published in table 3 shows corrections for 1973-76 for series with both annual and quarterly estimates; and table 4 shows corrections The National Income and Products of the United States, 1929for 1973-76 for series with both annual and monthly estimates. 76: Statistical Tables. Each corrected series is identified by its table and line number The corrections are grouped into four tables: Table 1 shows and an abbreviated title and is shown in the same units as in all series with corrected estimates for 1929-72; table 2 shows the original publication. corrections for 1973-76 for series with only annual estimates; Table 1.—Corrections for NIPA Tables, 1929-72 Table Title Line 1.5 1.6 1.9 1.9 1.10 1.10 7.4 7.6 7.6 16 16 22 23 22 23 16 22 23 GDBP less hous GDBP less hous NDBP less hous DBI less hous NDBP less hous DBI less hous GDBP less hous NDBP less hous DBI less hous 1.5 1.6 1.9 1.9 1.10 1.10 2.6 6.17B 6.17B 7.4 7.6 7.6 7.19 7.19 7.19 16 16 22 23 22 23 col. 16 1 18 16 22 23 25 27 28 GDBP less hous GDBP less hous NDBP less hous DBI less hous NDBP less hous DBI less hous 1.5 1.6 1.8 1.8 1.9 1.9 1.9 1.9 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.13 1.13 1.13 1.13 1.21 1.21 1.21 2.1 2.1 2.1 6.17B 6.17B 6.20 6.20 6.20 6.20 6.20 7.4 7.5 7.5 7.6 7.6 7.6 7.6 7.6 7.6 7.6 7.6 7.6 7.6 7.19 7.19 7.19 16 16 4 6 16 17 22 23 5 6 12 13 14 15 16 17 22 23 1 3 5 9 13 14 15 32 33 34 1 18 2 3 7 8 9 16 4 6 5 6 12 13 14 15 16 17 22 23 25 27 28 .. ,.....„. .. ....... . ..... .... 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 85.7 254.5 78.1 71.2 228.5 204.1 33.7 34.2 34.9 73.4 223.9 65.9 60.6 197.3 179.3 32.8 33.4 33.8 59.7 202.9 52.8 46.3 176.3 155.7 29.4 29.9 29.7 43.7 168.9 37.5 31.4 142.7 125.4 25.9 26.3 25.0 42.3 163.7 36.4 29.7 138.4 120.1 25.8 26.3 24.7 51.2 175.7 45.2 38.0 150.9 130.3 29.1 29.9 29.2 57.9 193.9 51.9 45.4 169.7 149.4 29.9 30.6 30.4 66.6 223.3 60.6 51.7 199.3 171.5 29.8 30.4 30.1 74.4 238.6 67.8 59.7 214.4 189.0 31.2 31.6 31.6 67.4 222.1 60.7 52.3 197.7 171.6 30.4 30.7 30.5 73.1 243.8 66.6 57.5 219.7 190.1 30.0 30.3 30.3 81.7 265.0 74.9 65.5 240.7 209.8 30.8 31.1 31.2 104.3 309.2 96.8 86.4 284.2 252.1 33.8 34.1 34.3 130.8 342.0 122.3 112.9 317.0 287.7 38.2 38.6 39.3 153.2 364.9 144.6 135.3 340.5 312.0 42.0 42.5 43.4 1944 . Real estate GDBP less hous NDBP less hous DBI less hous Struc Add & alt .. Other .. ........ • ...... • ... • ............. 1950 1952 1951 1953 2.1 2.1 2.1 1957 1958 276.5 448.0 255.8 229.5 412.8 364.2 287.2 460.4 264.8 237.6 423.3 375.8 302.4 481.2 278.6 248.8 442.2 392.3 299.2 471.8 274.0 245.2 431.0 381.3 327.6 508.3 300.8 270.6 465.7 413.9 343.8 516.7 313.6 285.1 472.3 423.9 360.1 522.9 327.3 295.9 476.9 426.2 359.8 515.7 325.8 292.7 468.4 416.1 43.0 43.4 44.2 43.2 43.6 44.1 47.6 48.1 49.2 43.5 43.5 43.6 53.5 54.0 55.1 52.5 52.5 53.0 6,139 2,519 57,2 57.7 58.9 57.0 57.0 56.8 7,164 2,813 56.6 57.0 57.7 57.8 57.8 58.0 8,015 3,181 57.4 57.8 58.6 59.2 59.2 58.7 9,042 3,616 61.7 62.0 63.0 63.5 63.5 63.8 9,893 3,970 62.4 62.6 63.2 65.3 65.3 65.7 10,679 4,430 62.8 63.0 63.4 65.8 65.8 66.2 11,388 4,800 63.4 63.6 64.3 66.1 66.1 66.2 12,068 5,239 64.4 64.6 65.4 67.6 67.6 68.0 13,236 5,704 66.5 66.4 67.3 69.5 69.5 69.8 14,076 6,227 68.9 68.6 69.4 69.8 69.8 70.1 14,669 6,680 69.8 69.5 70.3 69.8 69.8 69.8 1959 392.4 551.4 1960 403.3 558.7 1961 414.3 571.0 1962 445.9 605.6 1963 469.6 631.1 1964 501.0 666.7 1965 544.2 710.4 1966 594.7 753.1 1967 622.8 767.3 1968 678.8 804.2 975 8761 1969 730.8 825.2 1970 759.4 820.2 1971 822.6 850.9 1972 906.1 906.1 357.3 321.8 366.9 329.9 377.0 337.0 407.6 362.5 429.9 382.1 459.5 410.3 500.1 449.2 546.8 492.1 570.6 513.0 621.5 558.5 7174 667.4 600.2 595.5 387 689.2 614.9 745.5 657.3 821.9 728.4 752,6 676.0 743.8 663.7 771.1 682.0 821.9 728.4 23,440 13,208 25,071 14,270 26,576 15,190 28,195 16,354 31,255 18,329 84.4 830 82.5 84.7 874 88.6 92.6 96.7 100.0 88.7 88.8 86.8 86.9 86.7 92.7 92.7 89.6 89.6 89.6 96.7 96.4 94.3 94.2 93.8 100.0 100.0 100.0 100.0 100.0 , 573 . . . . 8761 8680 7001 676.3 6376 . .,. , 387 503.2 450.1 , 509.2 456.6 292.4 265.1 235.2 44.6 520.2 463.5 301.1 273.0 241.1 45.4 553.5 490.8 328.1 299.2 264.1 53.0 577.4 512.9 349.2 319.2 281.3 58.2 652.2 584.5 413.7 380.3 336.5 75.5 611.1 545.4 376.8 345.4 304.4 64.9 702.2 627.9 479.6 439.7 390.7 78.0 691.6 618.4 454.4 417.9 371.9 80.9 735.5 659.4 200 12 408 - Noncorp CCA Real estate Domind Financial .. 1,911 2,709 177,073 15,087 6,989 15,729 7,463 71.2 7.3 46.7 7.2 1.0 72.2 .. . ....... 16,939 8,692 53.0 7.4 51.5 7.3 .9 73.6 16,192 8,071 45.4 7.2 46.8 7.0 .8 72.6 17,801 9,304 58.2 7.0 55.8 6.8 1.0 74.4 18,816 10,063 64.9 7.2 61.8 6.9 1.1 75.1 19,695 10,780 75,5 7.8 71.5 7.5 1.4 76.6 20,842 11,573 80.9 8.7 76.7 8.5 1.7 79.0 22,136 12,305 78.0 9.2 73.7 9.0 2.0 81.2 825 825 849 851 849 893 , , , ,. .... , .... , Table 8.2, year 1959 Line 1956 241.6 420.8 223.8 201.3 387.6 343.2 ... ., 1955 217.1 383.7 200.7 180.5 352.3 312.6 71.0 71.5 69.8 69.8 69.8 72.1 72.3 70.2 70.2 70.0 GNP PI DPI 2,171 1,911 1,755 III IV 72.5 72.7 70.2 70.2 70.2 73.6 73.9 70.6 70.6 70.5 74.5 74,5 70.1 70.1 70.0 75.2 75.2 70.2 70.2 70.2 76.7 76.9 71.3 71.3 71.3 79.1 79.6 73.6 73.8 73.7 81.3 81.7 76.2 76.2 76.1 84.5 84.7 79.9 79.9 79.8 Current dollars Table 1954 222.0 388.0 206.9 189.9 358.4 322.4 . Income Per cap DPI curr $ Per cap DPI 1972 $ FRB .. ... GDBP less hous IBTJ x NI NF less hous Hous NI DI Business Nonfarm,.... NF less hous...,. Hous. NDBP less hous DBI less hous Struc Add & alt Other 1949 198.4 371.1 185.6 167.1 343.5 303.2 — ... . 1948 173.1 363.7 162.7 147.6 338.0 299.8 159.9 . ... GDBP less hous GDBP less hous IBT * NI !... NFDBI less hous.. . NFhous NDBP less hous DBI less hous NF less hous ........ . Hous NI DI Business.. Nonfarm NF less hous Hous , ,. NDBP less hous DBI less hous Corp GDP NDP Dom inc Corp prof w/adjs IBT plus bus transf 1947 1946 162.3 376.0 153.4 136.2 351.9 308.4 • ....... ... 1945 164.1 382.0 155.5 140.8 358.1 318.7 , 2,75J I Series 32 Per cap DPI curr $, Year 1959 33 Per cap DPI 1972 $, Year 1959 34 Population Year 1959 „. II PCE 1,884 1,918 1,914 1,927 2,695 2,728 2,700 2,709 176,044 176,723 177,479 178,273 1972 dollars PCE:D 240 Table 1.8 1.8 7.5 7.5 PCE:N PCE:S 827 688 GNP 4,076 Line 4 6 4 6 Title IBT, Year 196?5 NI, Year 1 968 IBT, Year 196?5 NI, Yearl 968 DPI 2,709 PCE 2,487 POP. PCE:D PCE:N PCE:S 286 1,158 1,044 177,073 I II III IV 98.3 884.3 83.7 82.7 99.0 889.1 84.4 83.9 95.6 859.3 81.4 81.1 97.1 871.6 82.5 82.1 1. These series are also published quarterly, corrections for which are presented below. NOTE.—Table and line numbers refer to the "National Income and Product Accounts Tables" which begin on Page 22. Please refer to the table and line numbers indicated for complete series titles. July 131 SURVEY OF CURRENT BUSINESS Table 2.—Corrections for NIPA Tables, 1973-76, Showing Only Annual Data Table Line 19 19 1 10 1 10 1 10 1 10 1 10 1 10 1 10 1 10 1 10 1 10 1,10 1 10 1 10 1 10 1 10 1.10 25 2.5 25 2.5 25 25 62 6.2 62 6.2 62 612 617B 6.17B 617B 6 17B 22 23 1 2 3 4 5 6 8 11 12 13 14 15 16 21 22 23 1 19 20 22 24 26 1 2 25 26 27 19 1 16 18 20 1973 Series NDBP less hous DBI less hous . NNP NDP Business NF ' NF less hous Hous Stat discrep Row NI DI ... Business...., NF ., NF less hous Row NDBP less hous DBI less hous PCE Nondur goods ,, .. Food . Purch meals & bev Food excl ale bev Other ale bev GNP GDP,.,..... . "... Stat discrep Residual Row Services ....,..,.. .. Noncorp CCA Fin, ins & real estate.. Real estate Other .. . .. , , .;» . . . ...... 1974 1975 1976 Line Table 9861 10518 1 1725 9254 8741 9292 1,039 0 8257 1 1435 1 1302 1 1109 1 173 1 1 1284 1 112 9 10970 1 1575 970.3 9117 9313 9499 9422 8812 9247 9035 859.7 802.6 8526 8272 825 786 721 764 3.8 138 986.7 1,043.0 1,023.5 1,008.2 10084 9728 1 027.4 9909 840.2 809.3 787.5 8299 7832 7601 814,1 8038 7070 758 4 7551 7317 13.8 831.0 8859 8757 8528 7793 782.7 755.8 7326 8231 7794 7679 7628 321,9 302.5 307.5 307.4 164.1 1561 153 1 1519 40.7 42.4 393 39.1 132.3 1397 1294 1281 83 86 83 82 12543 12463 12316 1,298,2 .. 1,239.2 1 229.0 1,217.8 1,282.6 38 .. -25 - 4.2 -.2 -6,5 138 25,687 33569 36690 39753 42 859 19733 21 407 22869 24,367 39571 21 225 22632 24148 9803 10,543 11,179 9183 1 2 3 4 5 6 8 11 12 13 14 15 16 21 22 23 1 19 20 22 24 26 24 25 27 28 1 2 25 col. 8 col 9 col. 10 col 12 76 76 76 76 76 76 7.6 76 7.6 76 7.6 7.6 7.6 7.6 76 7.6 7 12 7.12 7 12 7.12 712 7.12 719 7 19 7 19 7.19 7.22 7.22 722 8.2 82 8.2 82 1973 1974 1975 1976 1058 105.8 105.5 1037 103.8 1030 105.5 1058 106.1 1061 105.8 104.0 104.0 105.8 1057 106.0 1057 108.5 1124 107.1 1143 102.2 109.4 1097 1097 109.8 10575 1149 114.9 1149 1137 114.4 1064 115.2 1149 115.1 1151 115.3 1143 114.7 114.9 1156 115.7 1164 123.4 1276 119 3 1308 110.1 1208 121 1 1216 122.1 11508 1151 1149 5827 4009 3566 1414 1251 125.1 125.3 124 6 126.0 110.6 126.1 125.1 125.6 125.6 125.9 125.6 126.7 125.1 1266 126.8 1253 132.5 1368 129.6 1401 118.9 131 5 1317 13] 6 131.3 125 79 125.8 125 1 5702 4051 3609 1424 1315 131.5 131.1 1308 132.2 116.1 132,1 131.5 132.2 132.3 131.9 132.1 133.2 131.5 1324 132.7 1317 137.2 1405 137.9 1434 125.1 1413 1416 1414 140.2 13234 132.3 1315 5,953 4 158 3774 1476 Series NNP NDP Business . NF NF less hous.... Hous.. ...*. . ,, Stat discrep , , , Row NI... , DI ... . ... ... Business NF ... NF less hous... ....„....„..., Row... ,., ,. ... .. NDBP less hous DBI less hous PCE ... . Nondur goods ... ... .. ... ... Food Purch meals and bev ,,...,....; Food excl ale bev. .. Other ale bev „ ,.,..„. NF Struc Add & Alt ... . . . Other . . GNP GDP Row GNP..., , DPI PCE .. .. Nondur goods . .. ..... ..... , .. ... .... ... . 1058 5,918 4080 3,623 1450 See note at end of table 1. Table 3.—Corrections for NIPA Tables, 1973-76, Showing Both Annual and Quarterly Data Table Line 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1,2 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 3.4 1.4 1.4 1.5 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.8 1.8 1.8 1.8 2.1 2.1 2.3 2.3 2.3 3.8B 3.8B 3.8B 3.8B 3.8B 3.8B 3.18B 4.2 4.2 4.2 4.2 4.2 4.2 5.11 5.11 5.11 5.11 5.11 1 2 4 18 19 20 21 25 1 2 4 5 7 8 10 11 13 15 16 16 1 2 3 4 5 8 15 16 1 3 5 6 31 33 1 6 7 1 19 20 21 22 24 22 1 5 6 8 12 13 22 23 24 25 26 Series GNP PCE Nondur goods Net exports Exports , , Imports Govt purch State & local , GNP Final sales Goods, total.. Final sales Dur goods .. Final sales .... Nondur goods Final sales......... ,. Services Gross dom purch FS to dom purch .... ,. ,, GDBP less hous * GNP GDP ... Business..., Nonfarm NF less hous.... Stat discrep,.. Row ,. GDBP less hous l .... GNP .. NNP Stat discrep NI DPI ... ,. Percapita DPI , •. PCE... ....... Nondur goods Food., ..,.„..., Govt purchases State & local. Dur goods Nondur goods Services , .., Other services Other Exports ,....„.. Services Facto"r income ... Imports .. Services Factor income .. ,. Final sales , ... FS goods & struc Ratio Inv/FS, Ratio NF Inv/FS Ratio NF Inv/FS goods & struc 1974 1973 1973 1974 1975 1976 I II III I II 1975 III IV I 11 1976 III IV I II III 1,254.3 1,246.3 1,231.6 1,298.2 1,246.8 1,248.3 1,255.8 1,266.1 1,253.3 1,254.7 1,246.8 1,230.3 1,204.3 1,218.9 1,246.1 1,257.3 1,285.0 1,293.7 1,301.1 767.9 762.8 779.4 823.1 768.8 766.3 769.7 766.7 761.2 764.1 769.4 756.5 763.3 775.6 785.4 79.3.3 809.9 817.1 826.5 307.4 302.5 307.5 321.9 309.9 306.3 307.4 306.0 302.6 302.6 304.4 300.4 302.8 307.8 309.0 310.2 816.3 320.2 323.5 137 282 28.9 25.9 108.0 111.4 103.5 95.8 111.5 859 253.3 260.3 265.2 265.2 254.6 251.1 251.3 256.4 257.5 260.8 260.9 261.8 263.0 263.0 266.6 268.3 267.0 264.9 264.3 157.4 163.6 167.8 168.4 155.7 156.2 157.8 160.1 162.2 163.9 164.1 164.3 166.2 166.5 168.4 170.2 170.5 168.6 167.6 1,254.3 1,246.3 1,231.6 1,298.2 1,246.8 1,248.3 1,255.8 1,266.1 1,253.3 1,254.7 1,246.8 1,230.3 1,204.3 1,218.9 1,246.1 1,257.3 1 2850 12937 1301 1 1,237.1 1,234.7 1,238.4 1,290.4 1,230.7 1,233.1 1,242.0 1,242.4 1,240.1 1,242.1 1,239.1 1,217.5 1,218.6 1,230.2 1,245.1 1,259.5 1,274.9 1,282.4 1,293.8 572.3 562.5 547.4 587.2 570.7 568.7 568.4 581.4 566.2 567.8 564.4 551.6 530.0 540.2 558.6 560.9 581.3 587.0 589.0 555.1 550.9 554.2 579.4 554.7 553.5 554.5 557.7 553.0 555.2 556.7 538.8 544.3 551.6 557.6 563.2 571.3 575.7 581.7 248.7 243.5 223.8 248.1 244.2 249.3 251.1 250.3 246.1 242.6 247.2 237.9 213.9 221.1 230.4 229.6 242.1 247.6 251.0 236.1 234.1 230.2 242.7 232.7 237.5 237.2 236.9 236.0 237.5 237.6 225.3 223.4 227.1 233.4 236,7 239.7 240.1 244.1 323.6 319,1 323.7 339.1 326.5 319.3 317.2 331.1 320.2 325.1 317.2 313.7 316.1 319.1 328.1 331.3 339.2 339.4 338.0 319.0 316.8 324.0 336.7 322.0 316.0 317.4 320.8 317.0 317.7 319.1 313.5 320.9 324.4 324.1 326.4 331.5 335.6 337.6 542.8 562.8 575.9 595.0 532.9 539.3 548.9 550.2 558.2 561.5 564.3 567.1 568.3 574.1 578.0 583.2 586.7 590.9 598.2 1,238.7 1,218.5 1,199.5 1,272.8 1,239.1 1,234.6 1,236.4 1,244.8 1,225.1 1,225.7 1,220.7 1,202.6 1,172.2 1,185.4 1,215.3 1,224.9 1,258.3 1,267.7 1,275.5 1,221.6 1,206.9 1,206.2 1,265.0 1,223.1 1,219.4 1,222.6 1,221,2 1,211.8 1,213.1 1,212.9 1,189.7 1,186.5 1,196.7 1,214.3 1,227.2 1,248.2 1,256.4 1,268.2 1,017.1 1,093.8 1,179.5 1,312.7 1,254.3 1,246.3 1,231.6 1,298.2 1,246.8 1,248.3 1,255.8 1,266.1 1,253.3 1,254.7 1,246.8 1,230.3 1,204.3 1,218.9 1,246.1 1,257.3 3,285.0 1,293.7 1,301.1 1,239.2 1,229.0 1,217.8 1,282.6 1,233.6 1,233.9 1,239.3 1,249.7 1,234.5 1,236.5 1,229.9 1,215.2 1,190.9 1,206.1 1,232.5 1,241.7 1,270:4 1,277.9 1,285.1 1,060.7 1,047.4 1,032.4 1,095.4 1,055.9 1,055.8 1,060.9 1,070.1 1,053.7 1,055.3 1,048.1 1,032.5 1,006.9 1,020.9 1,046.6 1,055.3 1,083.7 1,091.0 1,097.6 1,028.4 1,012.4 994.5 1,059.5 1,022.7 1,025.6 1,029.8 1,035.3 1,023.5 1,018.9 1,011.4 995.9 968.3 982.7 1,007.6 1,019.2 1,047.5 1,056.5 1,063.7 933.9 912.9 892,1 952.5 930.0 932.0 934.9 938.9 925.8 919.8 911.2 894.8 866.9 880.9 905.0 915.5 942.9 950.8 956.1 3.8 13.8 13.5 963.7 945.4 927.7 986.1 1,254.3 1,246.3 1,231.6 1,298.2 1,246.8 1,248.3 1,255.8 1,266.1 1,253.3 1,254.7 1,246.8 1,230.3 1,204.3 1,218.9 1,246.1 1,257.3 1,285.0 1,293.7 1,301.1 1,143.5 1,130.2 1,110.9 1,173.1 1,138.6 1,136.7 1,144.9 1,153.7 1,139.4 1,138.8 1,130.1 1,112.4 1,085.1 1,098.6 1,124.8 1,134.9 1,161.6 1,168.8 1,175.5 3.8 1,023.5 1,008.2 986.7 1,043.0 1,020.2 1,018.6 1,022.9 1,032.1 1,020.6 1,016.7 1,006.0 989.3 959.9 975.6 1,000.6 1,010.5 1,035.0 1,040.2 1,045.6 864.7 857.5 874.9 906.8 855.2 862.3 867.9 873.3 860.2 859.7 859.4 850.8 845.1 891.4 878.2 885.1 899.5 904.1 908.9 4,080 4,009 4,051 4,158 4,050 4,074 4,090 4,106 4,036 4,025 4,013 3,963 3,928 4,134 4,061 4,081 4,139 4,151 4,163 767.9 762.8 779.4 823.1 768.8 766.3 769.7 766.7 761.2 764.1 769.4 756.5 763,3 775.6 785.4 793.3 809.9 .817.1 826.5 307.4 302.5 307.5 321.9 309.9 306.3 307.4 306.0 302.6 302.6 304.4 300.4 302.8 307.8 309.0 310.2 316:3 320.2 323.5 153.1 151.9 156.1 164.1 156.0 152.6 152.7 151.0 149.9 150.3 154.2 153.1 154.4 157:0 156.4 156.6 160.5 163.1 165.4 253.3 260.3 265.2 265.2 254.6 251.1 251.3 256.4 257.5 260.8 260.9 261.8 263.0 263.0 266.6 268.3. 267.0 264.9 264.3 157.4 163.6 167.8 168.4 155.7 156.2 157.8 160.1 162.2 163.9 164.1 164.3 166.2 166.5 168.4 170.2 170.5 168.6 167.6 5.3 5.6 5.6 5.1 5.2 5.4 5.6 5.6 5.7 5.7 5.5 5.6 5.5 5.6 5.6 5.6 5.6 5.6 5.6 9.2 10.0 8.9 9.1 9.4 10.7 9.0 9,3 9.2 9.2 9.3 10.1 10.3 9.1 9.7 10.0 10.5 10.7 10.8 116.6 122.3 127.5 129.6 114.5 115.8 117.3 118.9 120.5 121.8 122.9 124.1 126.0 127.3 127.9 128.7 129.1 129.2 129.8 28.5 31.0 25.4 26.1 28.4 28.8 29.1 30.3 30.9 31.1 31.6 25.8 31.8 24.8 26.8 27.7 31.8 , 31.7 31.9 .7111.5 103,5 95.8 108.0 111.4 ----ijg'l' 396 43.3 205 20.4 21.7 24.3 25.3 24.8 22.0 85.9 22.2 22.8 6.8 59 64 7.8 86.7 85.0 86.0 87.1 88.1 89.5 90.0 86.7 87.2 85.1 90.9 86.7 86.9 54,7 56.2 54.2 56.4 57.4 57.6 58.0 57.8 57.7 56.8 56.7 54.2 55.6 3.44 3.31 360 3.40 3.29 3.38 3.01 2.91 2.92 3.11 2.99 2.95 2.90 279 3.06 423 1. For "Gross domestic business product less housing" series (current dollars, constant dollars, and implicit price deflators), there are also corrections for all earlier years. See subsequent table for corrected historical data. In the corrected series for these items, there are only annual totals. Quarterly estimates are not feasible because of the unavailability of farm housing data on a quarterly basis. See note at end of table 1. IV 450 4.64 4.87 4.80 4.71 4.63 4.55 4.52 4.56 4.57 IV 1,313.1 838.9 327,5 264.5 167.1 1,313.1 1,310.6 591.2 588.8 251.5 246.7 339.7 342.1 604.4 1,289.7 1,287.2 1,313.1 1,297.1 1,109.3 1,070.0 960.1 15.9 1,313.1 1,186.5 1,051.0 914.6 4,178 838.9 327.5 , 167.5 264.5 167.1 5.6 10.9 130.4 32.0 .6 22.5 92.2 58.9 3.33 4.52 132 SURVEY OF CURRENT BUSINESS July Table 3.—Corrections for NIPA Tables, 1973-76, Showing Both Annual and Quarterly Data—Continued 19r 3 Qafi rn UI Q 1973 7.1 71 7.1 71 7.1 71 7.1 72 72 7.2 72 7.2 72 7.2 7.2 7.2 7.2 7.2 72 7.3 7.3 7.3 73 7.3 73 7.3 7.3 73 7.3 73 74 74 74 74 74 74 74 74 75 75 7.5 75 7.11 711 711 7 14B 714B 7 14B 714B 7 14B 714B 716 716 7.16 716 7.16 7 16 721 721 1 2 4 17 18 19 23 1 2 4 16 20 21 22 23 24 27 28 29 1 2 4 5 7 8 10 11 13 15 16 1 2 3 4 5 8 15 16 I 3 5 6 1 6 7 1 19 20 21 22 24 5 6 8 12 13 22 23 GNP PCE Nondur goods Exports Imports ,...,„..,,......... Govt purch State & local. GNP PCE . ... Nondur goods Govt purchases State & local.. ..... Gross dom purch Final sales..,...,,.....,..,.!.. ...... FS to dom purch PCE, Food GDP... GDBP . .... ... ... . NFGDBP GNP Final Sales Goods ......... Final Sales Dur goods Final sales Nondur goods ,. ...... Final sales Services.. , Gross dom purch FS to dom purch GNP.., GDP Business . .. Nonfarm NFGDBP less hous.... Stat discrep, „ ROW GDBP less hous * GNP NNP Stat discrep. NI PCE , Nondur goods ..... Food Govt purch ,, State & local Dur goods . Nondur goods „ . Services Other services ,. . .... ..... Exports Services .. ». , Factor income Imports ..... .... Services Factor income ., .. FS FS goods & struc 2 GNP- 1972 $ 81 3 GNP- IPD 81 4 81 GNP- chain 81 GNP- FWPI 7 PCE- 1972 $ 81 8 PCE- IPD.. 8.1 81 9 PCB" chain 8.1 10 PCE- FWPI .., 8.1 17 Nondur goods: 1972 $ 8.1 18 Nondur goods- IPD 8.1 19 Nondur goods: chain. 8.1 20 Nondur goods: FWPI... ...... 8 1 57 Exports* 1972 $ 8 1 58 Exports' IPD 81 59 8 1 60 Exports' FWPI 8 1 62 Imports' 1972 $ 81 63 Imports* IPD , 81 64 Imports: chain 81 65 Imports* FWPI 8.1 67 Govt purch: 1972 $ .......... 8 1 68 Govt purch: IPD ... .. 8 1 69 Govt purch' chain 81 70 Govt purch: FWPI 8.1 87 State & local: 1972 $.„..... 81 88 State & local- IPD 81 89 State & local' chain 8.1 90 State & local: FWPI 8.1 92 Gross dom purch: 1972 $. 8.1 93 Gross dom purch: IPD 8.1 94 Gross dom purch: chain .. 8.1 95 Gross dom purch: FWPI.. 81 97 FS- 1972 $ 81 98 FS- IPD ., . ... , 8.1 99 FS" chain 81 100 FS- FWPI. 8.1 102 FS: to dom purch: 1972 8.1 8.1 8.1 81 8.1 81 8.1 81 8.1 8.1 8.1 8.1 81 8.1 8.1 81 103 104 105 107 108 109 110 112 113 114 115 117 118 119 120 122 FS to dom purch: IPD ..... FS to dom purch: chain.., FS to dom purch: FWPI.. GDP' 1972 $ GDP: IPD.. ., GDP' chain GDP: FWPI.., , GDBP- 1972 $ GDBP- IPD.. GDBP: chain „ GDBP: FWPI.., .,. NFGDBP: 1972 $.... NFGDBP- IPD NFGDBP: chain NFGDBP: FWPI DPI- 1972 $ See note at end of table 1. 1974 1975 105.75 115.08 125.79 1057 1164 125.3 108.5 123.4 132.5 1348 179.6 1067 1168 1282 107 0 1180 129.4 1060 1159 1264 1061 117 1 126.3 109.0 124.5 133.9 1069 1179 1292 107.0 118.4 130.0 1062 1175 127.9 105.9 115.8 126.3 1062 1174 1279 113.2 128.3 138.0 106.0 115.9 126.4 1057 1162 126.8 104 0 1148 1264 10575 11508 12579 1057 1150 125.7 105.6 115.0 126.8 105.5 1148 126.5 100.8 107.9 121.1 1007 107 1 1214 109.2 120.4 130.7 109.1 120.5 130.1 105,3 113.0 122.5 105.9 116.6 126.9 1059 1166 1268 105.75 115.08 125.79 1057 1151 1258 105.5 115.2 126.1 1039 1141 1254 103.8 1146 126.6 105.5 115.2 126,1 1058 114.9 125.1 1055 1157 1272 10575 11508 12579 105.8 1149 125.1 105.5 115.2 126.1 1061 115.1 125.6 105.7 116.4 125.3 108 5 1234 132.5 1124 1276 1368 106 7 1168 128.2 107.0 118.0 129.4 1030 1150 1291 109.3 1342 150.7 1069 1148 1257 1048 1159 127.8 1348 1162 1264 106.0 114.7 125.1 179.6 140.6 ""iiSo 125.0 58 5.8 60 60 42 5.7 61 6.1 2.2 85 9.0 9.0 6 88 91 94 7 10.1 104 104 -1.6 138 14.3 14.2 127 12 93 92 91 22 7,6 77 7.8 1.6 73 7.4 7.6 46 1976 132.34 1317 137.2 1553 185.6 1366 138.3 1337 133.0 138.7 1373 138.5 135.1 133.6 135.0 141.5 133.7 133.8 1336 132 34 132.2 131.3 131.0 129.1 128.8 133.0 132.7 131.0 133.9 1338 132.34 132.3 132.1 1318 132.9 132.1 131.5 1331 13234 131.5 132.1 132,2 131.7 137.2 1405 1366 138.3 1363 157.4 1359 1379 1553 133.2 131.5 1856 54 5.2 5.7 58 5.6 5.1 53 5.3 4.7 36 3.6 3.5 221 8.2 1 • 2.7 95 67 99 69 6.9 10.3 3.9 4.0 70 103 70 105 7.0 10.6 4.5 -1.6 5.9 10.1 10.5 6.2 10.6 6.2 2 52 88 57 9.0 5.9 94 59 1.9 9.7 97 9.6 2.6 97 98 9.7 -1.6 8.9 9.0 8.9 3 93 9.2 91 0 6.6 6.5 6.3 .4 6.9 6.8 6.6 6.1 5.5 5.6 5.6 12 10.1 10.4 10.5 8 8.8 91 9.4 13 92 9.6 9.9 -1.5 98 10.0 10.4 g 1 8.8 8.9 8.9 9 9.3 92 9.1 14 95 9.4 9.2 -1.8 99 102 10.1 20 49 5.5 5.6 5.6 53 5.2 57 5.8 61 4.8 5.4 5.5 6.5 51 56 5.7 36 40 5.9 6.2 6.2 55 5.7 6.0 6.0 62 5.5 5.7 5.7 6.7 89 40 4.0 67 52 5.7 58 I 19rf4 III II I IV II 19r 6 W5 III I IV II I IV III III II IV 102.95 104.75 106.53 108.74 110.72 113.48 116.42 119.79 122.88 124.44 126.68 128.99 13012 131.30 132.89 134.99 1028 1048 106.6 108,8 1121 1150 1178 1208 1225 1240 1263 1282 1294 130.6 132.4 1344 103.8 107.0 109.8 113.3 118.5 122.1 125.0 128.2 129.5 130.8 134.0 135.5 135.8 136.2 137.7 139.1 155.7 1490 1508 184.1 187.8 143.8 1814 180.7 104.0 1060 1070 1099 1114 1153 1185 1221 1246 1269 1290 132.0 1337 135.2 1373 140.1 104.0 106,2 107.9 109.9 112.7 116.5 119.8 1229 125.5 128.2 130.8 133.1 135.2 137.5 139.3 141.4 1031 1049 1069 1089 1115 1141 1174 1209 1233 1250 1275 129.8 1312 1326 1344 136.6 102.9 105.0 107.1 109.3 112.7 115.7 118.5 121.6 123.4 124.9 127.4 129.5 130.6 131.9 133.7 135.7 104.0 107.4 110.7 114.1 119.6 123.2 125.9 129.3 130.8 132.0 135.5 137.5 137.4 137.8 139.2 140.4 132.8 134.6 136.3 137.9 140.2 104.2 106.0 107.6 109.9 112.8 116.0 119.6 123.2 125.7 128.2 1301 104.0 106.2 107.9 109.9 113.0 117.0 120.3 123.5 126.2 128.9 131.2 133.4 135.5 137.7 139.4 141.4 132.5 134.0 135.8 138.0 103.2 105.2 107.2 109.3 112.5 115.7 119.2 122.6 124.9 126.7 128.9 1311 103.1 104.9 106.9 108.9 111.5 114.0 117.3 120.8 123.2 125.0 127.4 129.8 131.1 132.6 134.3 136.5 1032 1052 107.1 109.3 1125 1157 119.1 122.5 124.8 126.6 128.9 131.1 132.4 134.0 135.8 137.9 105.8 110.7 116.4 119.8 124.7 126.8 128.5 133.2 134.8 135.5 139.7 142.0 141.0 141.0 141.9 142.3 127.5 129.8 131.2 132.7 134.4 136.6 103.1 104.9 106.9 108.9 111.6 114.1 . 117.4 120.9 123.3 1251 102.8 1047 106.7 108.7 111.6 114.2 117.8 121.4 123.8 125.5 128.0 130.1 131.4 132.7 134.5 136.5 102.95 10475 106.53 10874 110.72 113.48 116.42 119.79 122.88 124.44 126.68 128.99 130.12 131.30 132.89 134.99 103.0 104.8 106.5 108.6 110.9 113.2 116.3 119.8 122.6 124.5 126.6 128.8 129.9 131.1 132.8 135.0 102.4 104.3 106.5 109.0 110.7 113.2 116.1 120.0 124.1 125.3 127.8 129.8 130.2 130.5 131.7 132,9 102.4 104.4 106.4 108.8 111.1 112.5 115.8 120.0 123.4 125.3 127.6 129.4 129.8 130.0 131.4 132.9 100.0 100.3 101.1 101.8 103.5 105.0 109.4 113.8 117.3 120.5 122.0 124.4 126.7 128.1 129.5 131.9 1000 100.1 100.9 101.5 103.2 104.7 108.3 112.4 117.1 120.8 122.6 124.8 126.5 127.8 129.1 131.7 104.1 107.4 110.7 114.5 116.2 119.2 121.3 124.8 128.6 128.6 131.8 133.6 132.8 132.2 133.3 133.6 104.1 107.6 110.5 114.2 116.9 118.4 121.3 125.5 127.9 128.5 131.2 132.8 132.2 131.7 133.0 133.7 103.2 104.5 105.8 107.5 109.4 111.6 114.1 116.9 119.2 121.2 123.3 126.0 127.8 129.7 131.7 134.6 103.0 105.0 106.7 109.0 111.5 115.2 118.3 121.6 1241 125.5 127.8 1301 131.4 132.8 134.6 136.7 121.6 123.8 125.6 127.8 129.9 131.3 132,6 134.5 136.7 1030 1050 106.7 108.9 111.6 114.9 1181 102.95 104.75 106.53 108.74 110.72 113.48 116.42 119.79 122.88 124.44 126.68 128.99 13012 131.30 132.89 134.99 131.3 132.9 135.0 1029 104.7 106.5 108.7 110.7 113.5 116.4 119.8 122.9 124.4 126.7 129.0 1301 131.1 132.7 134.6 102.6 104.5 106.2 108.5 110.6 113.5 116.6 1201 123.3 124.7 126.9 1291 1301 128.3 129.6 130.5 132.4 134.6 1018 102.9 104.2 106.5 1088 1126 115.8 119.3 122.9 124.2 1261 101.7 102.8 104,1 106.6 108.9 113.0 116.4 120.2 124.1 125.3 127.3 129.5 130.8 131.6 133.5 135.8 131.1 132.7 134.6 123.3 124.7 126.9 129.1 1301 104.5 106.2 108.5 110.6 113.5 116.6 1201 103.0 104.8 106.6 108.8 110.8 113.4 116.1 119.3 122.3 123.7 126.0 128.3 129.4 130.4 132.0 134.1 10295 104 75 106.53 10874 11072 11348 116 42 119.79 12288 124.44 126.68 128.99 130.12 131.30 132.89 134.99 103.0 104,8 106.6 108.8 110.8 113.4 116.1 119.3 122.3 123.7 126.0 128.3 129.4 130.5 132.0 134.1 132.7 134.6 104.5 106.2 108.5 110.6 113.5 116.6 120.1 123.3 124.7 126.9 129.1 130.1 1311 132.8 135.0 103,1 1052 107.0 109.1 111.0 113.6 116.4 119.7 123.0 124.1 126.3 128.8 130.1 1311 102.8 104.8 106.6 108.8 112.1 115.0 117.8 120.8 122.5 124.0 126.3 128.2 129.4 130.6 132.4 134.4 1038 107.0 109.8 113.3 1185 1221 125,0 128.2 129.5 130.8 134.0 135,5 135.8 136.2 137.7 139.1 1056 1102 1151 1191 1240 1261 1279 1321 1336 1346 138.6 140.4 1399 1398 140.8 141.4 1040 1060 1070 109.9 111.4 1153 1185 122.1 1246 126.9 129.0 132.0 133.7 135.2 137.3 140.1 135.2 137.5 139.3 141.4 104.0 106.2 107.9 109.9 112.7 116.5 119.8 122.9 125.5 128.2 130.8 1331 1013 1026 1032 1049 1078 1114 1175 123.7 1267 1280 1296 1320 133.6 135.4 136.8 139.4 104.1 108.0 110.9 113.8 122.5 1308 139.1 144.3 146.7 148.9 152.3 154.5 155.1 156.4 158.1 159.9 139.3 1042 1063 1078 1094 1112 1135 1158 1184 121 1 1245 1272 129.8 132.3 1349 1371 1024 1040 1048 107.8 1099 1144 117.5 121.6 1236 126.6 128.6 132.2 133.6 136.4 139.1 142.3 155.7 1490 150.8 106.7 111.1 1152 117.7 121 1 1238 1253 127.2 129.2 130.6 132,1 134.0 136.0 104.8 106.6 108.8 110.8 113.4 116.1 119.3 122.3 123.7 126.0 128.3 129.4 130.5 132.0 134.1 187.8 1841 1438 1814 1807 140.7 142.0 142.7 143.6 144.7 124.3 129.9 133.4 106"6 1088 1108 1134 1161 liO 1223 1237 126,0 " 128"3 1294 1305 132.0 134.1 1027 1045 1062 1083 1108 1132 1165 1201 1230 1248 1269 1289 1299 1309 1325 1346 961 995 1019 1043 1064 1100 1138 1172 1192 1213 123.1 123.6 124.0 125.2 1271 97*8 5 4 23 36 91 27 37 92 24 33 40 25 52 82 49 109 3.6 10.8 7.5 3.7 12.1 7.4 4.9 6.5 7.2 7.0 8.6 • 75 10.7 5.2 5.7 10.3 74 9.0 125 127 6.0 73 76 8.0 7 2 4 2 5,4 70 94 86 5.9 46 74 78 76 101 121 81 42 53 69 94 126 80 75 45 ' 61 59 18 — 16 28 52 6.3 13 15 28 66 37 66 41 86 36 47 61 7.2 8.5 12.4 10,9 5.7 5.9 8.1 10.3 10.5 7.8 6.0 4.9 3.8 56 64 39 49 61 77 58 62 83 85 130 109 102 103 61 66 37 39 81 5.8 61 3.5 3.8 8.4 6.8 62 8.5 8.1 8.4 49 13,2 10.4 106 61 109 4.2 1.6 8.1 5.0 51 -5.3 3.2 6.8 1.5 .1 2.4 1.4 -1.8 -4.4 2.9 -4.5 4.5 3.9 19.4 9.8 4.1 3.8 10.3 4.7 .8 1.3 11.0 13.5 12.8 10.9 12.9 8.9 10.7 .4 1.4 4.5 3.5 12.3 13.2 9.2 10.9 4.6 3.7 5.4 13.4 20.8 12.7 9.4 11.0 4,4 5.9 -.3 1.2 13.1 12.8 20.8 12.4 9.1 11.3 4.8 3.6 3.5 9.5 13.8 239 230 187 21 5 49 44 138 23.3 17.1 27.6 320 66.2 -7.9 5.7 .2 -.9 .3 8.4 1.8 5.2 1.4 1.9 0 5.5 -31 .2 2.7 -2.0 4.0 -5.4 8.3 8.0 3.8 14.8 11.8 12.7 7.0 11.0 5.6 75 9.6 5.3 4.4 6.3 8.4 6.3 12.6 7.1 11.7 12.8 6.5 8.5 9.8 8.7 7.1 56 7.1 78 56 4.8 77 8.6 10.9 7.2 7.3 6.1 8.8 11.8 13.1 12.6 6.2 8.5 5.0 4.7 8.5 8.0 5.8 7.0 .4 4.7 4,5 1.4 4.0 6.0 5.3 4.4 .6 4.1 -2.4 4.6 .8 -4.3 -1.2 70 64 76 108 143 117 106 88 88 91 82 72 65 71 53 62 11.1 7.0 8.9 6.5 7.7 14.6 11.7 111 92 78 9.3 71 64 54 61 71 6.5 7.8 11.4 7.0 8.8 15.1 11.8 11.0 9.1 8.9 7.4 6.8 6.3 5.0 5.7 6.9 2.8 -6.2 .6 .2 -1.6 9.3 -1.4 -5.8 -9.7 10.5 4.6 3.2 11.3 2.5 4.5 3.0 6.7 8.9 9.4 11.1 5.7 7.9 14.1 11.5 8.5 4.9 7.5 7.3 4.1 5.5 4S 6.4 7.3 8.0 12.1 11.8 12.3 11.8 8.0 7.4 6.1 8.1 6.2 6.9 4.3 5.6 6.7 47 7.6 8.2 12.0 8.3 12.3 11.8 12.3 5.9 7.2 6.2 7.8 71 4.2 5.6 4.6 6.5 1 7 4 8 29 10 68 88 8 39 49 47 50 24 36 53 67 8.3 11.3 73 8.6 87 12.6 57 98 70 72 35 36 51 69 7,2 7.7 12.3 6.1 7.5 8.8 9.4 128 85 80 58 72 43 53 46 70 42 77 76 101 120 61 73 93 126 80 82 60 75 45 53 69 i 4 11 10 30 71 12 74 60 43 35 70 27 38 61 6.4 5.7 8.0 8.6 10.5 12.4 11.6 12.1 7.4 7.2 6.0 6.9 4.2 5.7 4.2 6.8 7.3 8.1 12.1 6.1 8.0 11.9 11.8 11.9 7.9 6.0 7.4 7.0 4.3 4.7 5.5 6.6 6.2 8.2 7.5 8.2 11.8 12.2 12.3 12.0 7.8 6.0 7.2 71 4.2 5.5 4.6 6.6 I 34 21 24 103 17 48 47 78 52 91 30 23 96 38 7.0 5.7 7.2 8.6 10.8 10.7 7.5 10.3 12.1 7.4 7.5 5.2 3.5 3.7 4.9 6.5 60 76 74 125 73 90 94 127 70 86 80 72 42 54 60 46 74 78 61 7.6 101 121 94 126 81 79 59 75 42 45 53 69 o 20 35 6 0 124 27 96 58 105 25 43 57 33 11 2 27 53 70 87 73 81 110 114 123 49 59 113 73 71 30 32 46 5.7 13.4 7.8 7.4 9.9 3.8 5.4 7.5 9.9 13.0 8.7 8.0 6.7 4.3 6.5 5.6 7.9 7.6 5.4 6.3 5.8 7.5 11.2 13.0 8.2 7.0 9.9 12.9 8.0 5.6 3.8 4.2 1.6 4.7 12.6 1.2 2.2 -4.5 -1.8 -2.9 -6.0 10.5 11.6 3.5 29 46 50 87 147 129 63 42 28 84 33 26 25 59 2 39 27 238 58 31 67 20 21 25 July 133 SURVEY OF CURRENT BUSINESS Table 4.—Corrections for NIPA Tables, 1970-76, Showing Monthly Data Col. 9 DPI 1972$ 1959 1970 1971 1972 1973 1974 1975 1976 ... , 864.7 857.5 874.9 906.8 „ ... 1959 January March . May June July August September October November December 1973 January ... .... February March . .. April May ............ June July August September October . November .. December , 1974 January February March April... May June July.... August September October November December , ... , ,. .. ,. ... .. ... ... .,...., ... ..,,., 1975 January ....,., February March... April... *.,. May , . July August ............ September October November., , December , .. . . . . 1976 January..,,, February , March April May........ June July August September...... October.. November December ., ..... ,. , ... . ,.,,.,. ,,.,. .... , .,..„, ., ,,....,., See note at end of table 1. , ... ,. . .. ,. „ Col. 10 Per capita DPI Table 7.13 Table 2.9 Table 2.7 Col. 11 Per capita DPI 1972$ Col. 12 Population 1,911 3,390 3,620 3,860 4,315 4,667 5,075 5,477 2,709 3,665 3,752 3,860 4,080 4,009 4,051 4,158 177,073 205,089 207,692 209,924 211,939 213,898 215,981 218,086 1,875 1,883 1,894 1,908 1,918 1,928 1,926 1,907 1,907 1,907 1,924 1,949 2,685 2,690 2,709 2,722 2,730 2,733 2,725 2,691 2,684 2,681 2,706 2,742 175,818 176,044 176,274 176,503 176,723 176,954 177,208 177,479 177,755 178,026 178,273 178,504 Col. 1 PCE 767.9 762.8 779.4 823.1 Col. 6 Nondur goods Col. 7 Food 307.4 302.5 307.5 321.9 153.1 151.9 156.1 164.1 762.3 774.5 768.1 769.1 762.8 309.9 311.1 308.6 306.8 305.6 306.4 311.6 302.7 307.8 306.0 307.3 304.7 157.2 156.5 154.3 153.3 152.1 152.4 156.9 149.5 151.6 151.1 150.7 151.1 Col. 1 PCE Col. 6 Nondur goods Col. 7 Food 108.5 123.4 132.5 137.2 112.4 127.6 136.8 140.5 107.0 107.2 107.9 108.8 109.7 102.8 103.7 105.0 106.1 107.0 107.9 108.1 110.6 110.7 111.9 113.4 114.7 104.0 105.4 107.5 108.9 110.4 111.4 111.9 116.7 116.8 117.7 119.2 120.4 116.4 125.3 131.7 845.9 857.9 861.8 862.5 861.1 863.2 868.4 864.1 871.3 873.8 874.8 v 8713 4,008 4,062 4,078 4,078 4,068 4,075 4,096 4,072 4,103 4,111 4,112 4,093 865.5 859.6 855.6 857.6 860.2 861.4 864.6 859.1 854.5 855.0 849.1 848.4 4,063 4,033 4,011 4,018 4,027 4,030 4,041 4,012 3,986 3,985 3,955 3,948 763.6 759.1 761.0 763.4 764.8 764.1 767.9 774.2 766.1 762.9 754'.0 752.5 304.4 302.3 301.0 302.7 302.4 302.8 305.2 305.2 302.9 302.5 300.8 297.7 150.9 149.8 149.0 150.0 149.5 151.4 153.6 155.2 153.7 153.4 154.1 151.7 110.8 112.1 113.3 114.0 115.1 115.9 116.7 117.8 119.1 120.0 120.9 121.6 116.4 118.6 120.3 121.0 122.3 122.9 123.4 125.0 126.4 127.3 128.3 129.1 122.0 124.4 125.6 125.6 126.5 126.3 126.0 127.8 129.8 131.0 132.3 133.1 843.4 845.7 846.1 865.2 922.4 886.7 873.0 878.8 882.9 885.0 885.9 884.4 3,923 3,931 3,930 4,016 4,277 4,107 4,040 4,063 4,078 4,085 4,085 4,075 759.1 766.6 764.3 765.1 780.4 781.2 783.6 784.9 787.8 786.9 793.5 799.7 301.6 302.8 303.9 301.9 311.4 310.1 308.1 309.6 309.4 307.5 311.3 311.8 153.6 154.2 155.5 155.3 158.1 157.6 156.3 156.2 156.7 156.3 157.1 156.5 122.1 122.5 123.0 123.5 123,8 124.6 125.8 126.4 126.8 127.5 128.1 128.9 129.3 129.6 129.7 130.1 130.5 131.7 133.6 134.2 134.2 135.1 135.4 136.1 133.5 133.7 133.4 133.4 . 134.4 136.0 138,3 138.9 138.7 139.7 140.4 141.1 893.0 901.7 903.9 904.4 904.6 903.3 908.3 909.1 909.3 909.0 915.9 918.8 4,112 4,149 4,157 4,156 4,154 4,145 4,164 4,164 4,161 4,156 4,184 4,194 * 808.6 808.5 316.4 315.4 317.2 320.0 317.7 322.7 322.6 323.7 324.2 326.3 326.3 330.0 , 159.8 159.7 161.8 162.3 162.4 164.7 164.5 165.8 165.9 166.9 166.6 169.1 129.3 129.3 136.3 135.6 135.4 135.6 136.4 136,7 137.1 137.8 138.3 138.8 139.1 139.4 140.8 139.8 139.1 139.4 140.1 140.1 140.4 140.9 141.1 141.6 141.2 141,4 770.0 766.2 767.6 765.0 818.4 821.5 824.3 825.6 829.7 830.9 103.5 104,2 104.8 105.4 130.0 131,2 131.7 132.4 133.1 133.9 ENTER MY SUBSCRIPTION TO Survey of Current Business Annual subscription: Domestic second class, $30.00; foreign, $37.50. ORDER FORM To:Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 For Office Use Only Quantity Company or personal name I I I i i i imention i i iline i i i i i i i i i i i i II A33S •laddn I I I I I I I I I I I I I I I I I I I I I I treat address i i i i i i or Country) i i i il State JJ_ ZIP Code I I I I l I I I I I I I I I I I I I I I I I I I II PLEASE PRINT OR TYPE Charges Enclosed To be mailed Subscriptions .,.. Postage. Foreign h andling MMOB. .. OPNR ... , ...... UPNS Discount Refund SURVEY OF CURRENT BUSINESS 136 July Errata: U.S. International Transactions, First Quarter 1982 Table 10 of "U.S. International Transactions, First Quarter 1982" in the June 1982 Survey of Current Business contained errors in the rows for foreign assets in the United States for the geographic areas shown on pages 64 and 65. The corrected section of the table is shown below. Western Europe (Credits + ; debits -) J Line Other U.S. Government liabilities 8 U.S. liabilities reported by U.S. banks, not included elsewhere... Other foreign official assets 9 61 62 63 Other foreign assets in the United States net Direct investment . .. Equity and intercompany accounts.. ., .. Reinvested earnings of incorporated affiliates U S Treasury securities ... . U.S. securities other than U.S. Treasury securities. ..... ... ....... ... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns: Long-term. , Short-term .. ,.. U.S. liabilities reported by U.S. banks, not included elsewhere: Long-term Short-term 64 65 66 67 68 69 Statistical discrepancy (sum of above items with sign reversed) -319 -149 (17) -154 14 814 17 802 17 -6,416 (17) (17) 8,338 6,168 2,170 (17) (17) 534 1,920 (*) 800 14 171 1979 1981 ... ... (17) (17) -2,746 1980 (*) (17) 5,072 2,494 2,578 5,081 2,887 2,194 1979 -73 (17) (17) 14 1981 1980 1979 17 159 14 -8,374 17 1,129 -12 -22 -3,496 (17) (17) -33 14 17 17 96 -3,251 70 71 j 12 66 -2,424 1980 2,935 1 931 532 399 (16) 632 14 552 (16) -3,546 14 (17) I <- 17,251 8,262 4,890 3,372 (1 6) (16) 29,239 12,403 9,528 2,875 (16) (17) 356 3,954 5,308 990 997 "2,916 14 7,249 4,682 2,567 14 513 O6) (16) (16) -6,850 3 623 5,385 17 14 1,580 12,022 1981 33 48 (16) 3,043 1656 1593 63 (16) (16) 930 1 034 333 14 1979 5 1 838 1476 362 (17) (16) (16) -7,232 -2,489 14 17 -18,062 17 -11,359 3,276 2,598 678 ( 17 ) 2,855 11,662 8,810 2,852 4,817 2,143 1,777 366 (") 1,128 159 i4774 14 2,355 17 17 - 5,226 4,034 14 14 -314 1,558 J7 11,887 17 -43 Australia; New Zealand, and South Africa 1981 1979 26 200 25 (") (17) 17 ( ) (17) (17) ( ) 1 513 934 579 1 307 821 486 744 282 462 732 92 639 2 662 1 988 675 72 69 g 42 33 g 283 277 g 82 292 1,766 5,187 10,590 97 14 17 122 (17) 208 14 -7,053 14 22 29,799 "-13,326 26,208 (17) (17) 17 14 241 5,716 9,431 17 (17) 5,382 12,392 86 14 -156 17 14 159 17 -2,275 288 17 (17) (17) AO H Line 1981 1980 218 (17) 3,476 3,030 -4,549 -6,240 Japan 1980 (17) 3,019 (17) 332 -126 14 2,439 1,694 745 7,530 4,210 3,320 (l7) 3,553 252 (17) 87 (17) (17) 19 i) ,•> 371 86 -85 (17) (") -4,095 1979 1981 1980 -26 (17, - 3,523 Latin American Republics and Other Western Hemisphere 79 (17) (17) 1981 1980 -252 17 -12,108 1979 1981 1980 -414 32 27,077 8,159 5,438 2,721 (16) 7,203 2811 1246 1 565 1979 -169 (16) 14 72 73 } 74 75 18 (16) { 2 14 «-,. } 1981 -277 268 Canada Eastern Europe European Communities (6) 1980 1979 United Kingdom EC (10) » European Communities (9) » 132 438 -2,789 I* CK 66 on AR 68 an 64 (70 302 1 72 (73 74 75 14 17 61 /62 J63 -4,705 1 71 CURRENT BUSINESS STATISTICS THE STATISTICS here update series published in the 1979 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (available from the Superintendent of Documents for $9.50, stock no. 003-010-00089-9) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1975 through 1978, annually, 1947-78; for selected series, monthly or quarterly, 1947-78 (where available). The sources of the series are given in the 1979 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 171-172. Series originating in Government agencies are not copyrighted and may be reprinted freely. Series from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 1982 1981 Annual May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June GENERAL BUSINESS INDICATORS PERSONAL INCOME BY SOURCE t Seasonally adjusted, at annual rates: t Total personal income . bil $ Wage and salary disbursements, total do... Commodity-producing industries, total.... do... Manufacturing do Distributive industries do... Servics industries do Govt. and govt. enterprises doOther labor income do Proprietors' income: $ Farm do Nonfarm . do Rental income of persons with capital consumption adjustment Dividends . . Personal interest income . Transfer payments Less: Personal contrib. for social insur Total nonfarm income bil $ do do do do.... do DISPOSITION OF PERSONAL INCOME * Seasonally adjusted, at annual rates: Total personal income bil $ Less: Personal tax and nontax payments.. do.... Equals: Disposable personal income do.... Less: Personal outlays . . . . . . . do Personal consumption expenditures do.... Durable goods do Nondurable goods . . do Services do Interest paid by consumers to business do Personal transfer payments to foreigners (net) do . Equals: personal saving do .. Personal saving as percentage of disposable personal income § percent.. Disposable personal income in constant (1972) dollars bil $ Personal consumption expenditures in constant (1972) dollars do... Durable goods. do Nondurable goods do.... Services do Implicit price deflator for personal consumption expenditures... . ..index 1972—100 INDUSTRIAL PRODUCTION Federal Reserve Board Index of Quantity Output Not Seasonally Adjusted Total index 1967=100.. By industry groupings: Mining and utilities . do Manufacturing . do Nondurable manufactures do.... Durable manufactures do Seasonally Adjusted Total index do By market groupings: Products, total Final products. Consumer goods See footnotes at end of tables. , do do do.... r 2 160 4 l,356.1 r 468.0 r 3544 r 330.5 r r 2974 r 260.2 r !272 r 2 415 8 r2 379 1 '2 398 4 r2 436 3 '2 459 6 '2 478 6 '2 487 2 '2 499 0 '24976 '2 499 1 '2 513 8 '2 518 6 '2 534 3 '2 552 7 2 561 4 1,493.9 1,479.8 1,489.6 1,501.3 1,513.6 1,522.1 1,528.9 1,534.2 1,530.5 1,535.7 1,546.6 1,542.6 1,546.6 1,559.5 1,561.6 '510.8 rr506.8 rr512.1 rr517.3 rr520.2 r'520.2 r520.4 '518.7 '514.0 '513.5 '517.1 '512.2 '511.6 '514.7 513.5 r 3864 3878 3897 391 9 3937 393 1 '392 1 '3894 '3847 '383 7 '3876 '384 1 '3839 '3860 386 5 r 361.4 r358.9 r3606 '3633 r3667 r3696 r3677 '3693 '3678 '369 7 '3730 '3714 '3725 '3769 3776 r 3 '335 9 '3386 '343 9 '3458 '349 7 '3538 '355 o 369 i 3386 1-334 '357 0 '360 1 '361 4 '363 7 '367 9 r r r r r r r 283.1 279.9 281.0 282.1 282.8 286.5 291.1 '292.5 '293.6 '295.4 '296.4 '297.6 '298.8 '300.1 301.4 1404 138 2 139 4 140 9 '1422 '143 5 '144 7 '145 8 '146 9 '1480 '149 1 '1502 '151 3 '152 5 153 6 r !94 r 969 r 240 1007 r 329 r 559 r 2634 r r 33 9 r 625 r 3290 r r 221 101 4 r 232 100 5 '261 '1005 '282 '1004 r 272 100 3 '263 '990 '247 '100 1 '228 '995 199 173 163 '98 6 '98 4 '988 '152 '99 9 157 '993 15 0 100 8 '334 '334 '339 '34 i '33 6 '336 '34 2 '336 1 '33 6 '340 '33 7 '33 9 34 3 r r '64 7 '65 4 '65 9 '636 '656 '650 61 5 624 64 2 '65 2 '65 9 '66 1 '662 66 1 '355 5 '3497 '332 1 '346 9 '3400 '320 2 '3252 '351 1 '352 1 '3598 '3638 '3680 '371 8 3756 r F r 2972 3363 3258 3292 '344 i 3439 '3465 '347 i '351 5 '3536 '3524 '3538 '3575 '3639 '365 l 365 9 '88.7 104.9 104.1 104.6 105.6 106.2 106.3 107.0 107.2 106.8 110.6 110.3 110.9 111.7 110.8 111.5 '2 117 3 r2 364 1 '23298 '2 347 6 '2 382 2 '2 403 0 r2 422 7 '2 431 8 '2 444 6 '2 444 6 '2 448 6 '2 465 5 '2 470 8 '2 486 6 '2505 1 25134 r 34 r r 2r 160 4 '2 415 8 '2r 379 1 '2r 398 4 '2 436 3 '2 459 6 '2 478 6 '2 487 2 336.3 r '386> 385.6 388.7 '394!3 r399.0 r401.1 '391.2 1,824.1 2,029.1 1,993.5 r2,009.7 '2,042.0 r2,060.6 r2,077.5 r2,096.0 r l 717 9 1 898 9 1 870 1 1 885 91 905 61 932 7'1 938 7 '1 930 2 r l,667.2 1,843.2 1,815.0 1,830.1 li849!5 1,875.9 1,881.2 1,872.1 r r 214 3 '229 5 '2339 '2487 '241 1 '228 1 234 6 '2290 r '7251 r7336 r7356 '741 7 '746 4 '742 7 6704 '734 5 r r '374 i 782 5 861 0 '867 o '8799 '885 5 '893 7 '901 3 '499 '551 r '0.8 06 '543 r 08 106.2 1302 1234 r r r 5.8 10180 r 6.4 6.1 '549 r '555 r 08 1238 07 '561 r r '2 552 7 '400.8 '2,151.9 '2 023 1 1,963.9 '251 0 '760 4 '952 4 2 561 4 404.0 2,157.4 2012 7 1,953.4 2380 7622 953 2 '575 '576 '57 7 '577 '579 '58 2 '58 3 '07 '07 '0 8 '0 8 '09 '09 09 1618 1483 '143 4 '1306 '1433 '09 '152 5 '1288 144 7 '7.6 '7.2 '67 '6.6 '67 '66 66 1388 '165 8 r r r r 6.5 '2 534 3 '387.7 '2,146.5 '1 994 0 1,935.0 '2388 '747 o '949 2 '0 6 127 9 6.3 '2 518 6 '394.2 '2,124.4 '1 981 1 1,922.4 '2388 '745 4 '938 2 '57 4 136 4 '6.3 '2 499 1 '2 513 8 '389.9 '396.3 '2,109.2 '2,117.5 '1 965 8 '1 986 9 1,907.4 1,928.3 '234 7 '240 1 '7460 '755 9 '926 7 '9323 06 '569 06 '2 499 0 '2 497 6 '393.9 '394.7 '2,105.1 '2,103.0 1 943 3'1 954 7 1,885.1 1,896.4 '230 7 '230 1 '745 9 '751 0 '908 5 '915 3 6.9 7.4 584 1 043 11 034 21 038 41 046 11 050 11 050 1'1 054 i '1 053 0 '1 048 6 1 042 91 047 7'1 050 0 '1 057 5 1 055 4 930.5 137 1 r 355.8 '437 6 r 947 7 1400 r 362.4 '445 2 '941 6 135 5 r 3593 '4447 '9456 137 3 r 3631 '445 2 r 947 5 138 8 '361 9 r 446 8 r 9560 r !46 7 '3636 '445 7 950 8 141 1 '3635 r 446 2 '941 5 '133 6 '361 5 '446 4 '943 0 '134 8 '362 7 '445 5 '9456 133 9 '365 1 '446 7 '943 1 '135 4 '359 5 '448 2 '954 1 '139 0 '365 5 '449 6 '950 1 '361 4 '450 7 '953 2 '137 7 '362 7 '452 8 9632 143 6 368 0 451 7 1792 194 5 192 8 193 5 195 2 '1962 197 8 '198 8 '199 9 '200 5 '202 2 '202 1 '202 3 '203 0 203 9 147.0 151.0 152.6 156.5 151.0 155.4 155.8 152.4 146.4 139.1 136.6 142.7 142.0 139.3 "138.8 e P e r rl qo n. !41.6 1495 155 0 145 5 1556 161 4 164 1 156 8 152 5 152 0 155 2 164 3 159 7 '152 7 1504 164.8 1405 153 4 166.1 144 7 1566 170.5 1470 1495 163.9 1395 154 3 172.2 1420 1555 173.4 143 1 152 4 169.3 140 7 145 6 161.0 134 9 137 0 149.4 128 4 133 1 147.1 123 4 140 7 156.6 129 7 140 7 156.6 129 7 142 4 138 5 "154.9 "127 1 el AK K 1467 161.2 1367 '146 4 '138 4 154.8 '127 0 P 1470 151 0 1527 1529 153 9 1536 151 6 149 1 146 3 143 4 140 7 142 9 141 7 '140 2 pi qq A el qo A 1467 1453 145.4 1506 1495 147.9 1523 151 3 150.7 1522 151 4 150.3 1530 152 1 150.7 1526 151 5 149.6 151 0 1500 147.8 149 4 148 9 146.5 147 5 147 2 144.0 146 2 146 3 142.0 142 9 142 8 139.6 144 6 144 1 141.8 '143 7 142 9 '142 7 142.2 "142 4 e P149 9 141 °. 6 rljq O 141.5 "143.3 !40 9 159.0 el OC K e !41 3 143.4 S-l S-2 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown hi the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual July 1982 1982 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June GENERAL BUSINESS INDICATORS—Continued INDUSTRIAL PRODUCTION—Continued Seasonally Adjusted— Continued By market groupings—Continued Final products—Continued Durable consumer goods 1967=100.. Automotive products do.... Autos and utility vehicles do.... Autos do.... Home goods do.... Nondurable consumer goods do.... Clothing do Consumer staples do.... Consumer foods and tobacco do Nonfood staples do Equipment do Business equipment do.... Industrial equipment # do.... Building and mining equip do.... Manufacturing equipment do.... Commercial, transit, farm eq. # do.... Commercial equipment do.... Transit equipment do.... Defense and space equipment... do.... Intermediate products do .. Construction supplies do.... Business supplies . . do . Materials . do. .. Durable goods materials do.... Nondurable goods materials . . . do. Energy materials do.... By industry groupings: Mining and utilities do Mining . . ... . . . . .. do . Metal mining do Coal do Oil and gas extraction # do.... Crude oil do Natural gas .... . . do . 120.1 109.2 71.6 61.3 126.3 147.4 125.9 117.5 82.0 70.5 130.6 148.1 128.1 125.0 93.6 79.8 129.9 146.8 130.7 130.0 100.6 87.2 131.1 146.8 "133.6 "139.1 "111.8 "96.1 "130.5 "147.2 e !35.9 e 158.9 150.0 169.1 147.2 172.2 158.1 289.0 116.9 188.5 256.1 109.0 105.2 143.4 124.2 162.4 137.2 129.7 156.8 130.9 159.2 151 1 168.7 147.3 171.6 155.9 274.9 116.8 189.9 256.4 110.4 106.5 146.3 127.5 165.1 140.4 132.4 164.2 130.3 158.1 149.6 168.0 145.9 169.0 151.2 256.9 116.3 189.5 257.8 110.5 107.0 145.2 125.6 164.6 138.5 130.7 162.0 128.2 158.3 148.4 169.7 143.3 164.9 145.9 r 242.2 114.0 186.9 r 253.1 110.9 106.9 143.5 122.9 164.0 136.1 127.8 160.3 126.1 "158.7 e "169.1 "140.9 "160.8 "139.8 "225.6 "110.6 P 185.0 "248.9 "110.8 "107.6 "142.6 "122.4 "162.7 "134.8 "126.4 "158.2 "125.8 e 157.4 144.5 121.3 147.9 151.5 96.2 111.3 1158 171.8 195.2 138.5 155.1 151.1 112.7 120.0 155.6 142.4 120.8 156.0 146.6 94.7 108.8 1205 170.4 192.5 140.9 157.8 151.7 126.7 125.8 153.1 138.1 109.9 155.6 141.4 r 94.2 107.8 1216 170.0 191.7 140.1 157.3 150.8 126.7 126.0 151.3 133.6 104.0 146.2 137.4 r 95.1 "148.9 "130.2 "96.8 "150.7 "133.1 "94.4 146.2 126.7 119 6 171.0 193.1 138.7 156.2 149.4 116.1 126.3 "1169 "169.9 "191.6 "138.2 "155.3 148.3 145.6 196.7 123.3 2447 63.1 127.1 84.1 99.2 144.3 128.5 89.7 79.6 108.9 120.7 160.9 168.2 96.6 90.4 162.2 151.5 146.4 201.3 119.5 2518 64.0 129.3 83.8 104.9 148.4 135.0 88.5 78.5 106.7 121.4 160.0 172.9 102.0 98.6 164.5 150.6 145.9 200.3 121.3 r 2534 61.2 128.2 r 83.8 103.5 150.2 131.5 r 83.0 r 73.0 100.7 121.1 157.3 172.6 104.4 105.6 163.0 149.7 144.2 198.5 121.6 2551 r 59.6 126.6 '84.8 103.6 151.8 127.0 r 76.5 r 65.1 96.0 119.1 153.7 172.0 105.9 110.8 162.8 "146.8 "143.4 "195.0 "123.7 "2539 "62.0 "126.4 "86.0 "108.3 "150.9 "126.8 "74.0 "62.6 "93.5 "117.3 "151.4 "170.9 "110.0 "119.8 "164.0 mil $ 3 846 477 4 200 227 353 099 366 401 341 248 349 730 357 025 358 871 343 537 359 212 309 039 324 533 357 025 '343 372 r r ; do X3 846 477 *4 200 227 349 245 354 442 354 759 352 783 353 717 345 287 345,213 342,226 336,548 342,701 343,299 340,450 157,179 do 1845934 x l 997 775 167 527 171 494 170 324 169 518 168,581 164,085 161,979 161,081 156,861 159,429 158,442 r r 936 030 1 019879 86664 88 770 87319 86841 86179 82583 81641 81 146 77740 79759 79,454 r79,020 N A r hip ffnnrta indimtrips Act 909*903 977 896 80*863 82724 83*005 82677 82402 81 502 80338 79935 79 121 79670 79988 78 159 1951 902 1 038 790 86361 87299 87292 87961 87823 86413 86,733 86,572 85,320 87,418 87,277 rr88,294 Retail trade total § do 296 594 326 596 27488 27725 27759 28,098 27,810 26,354 26,436 26,206 25,316 26,696 26,958 r27,984 Durable goods stores do 655 308 712 194 58 873 59 574 59533 59863 60013 60059 60297 60 366 60004 60722 60319 60 310 on ura e goo s s ores . r i lercna t o , a .... 11055 168 1 174072 98964 98027 97 445 97 359 97 440 96 249 96 738 94920 94367 95854 97580 r94977 448 040 499970 42358 42*449 42288 42 144 41 562 40843 41410 40930 40*323 40597 39408 r38 482 N H hi H t hi' h t A 56,495 54044 58,172 53990 55257 55328 55878 55406 56606 55*578 55157 55215 607 128 674 102 Mfg. and trade sales in constant (1972) dollars 152.2 152.5 151.0 148.4 153.2 152.4 158.5 159.0 158.2 157.7 153.4 160.2 (seas adj.), total * bil. $.. r r 67.7 68.8 68.8 69.8 67.0 69.4 73.4 742 75.7 74.6 73.8 70.8 Manufacturing * do r r r r r r r 45.1 44.9 44.1 44.8 45.1 45.0 45.9 45.9 44.9 45.7 46.8 46.4 Retail trade * do.... r 38.3 38.9 38.2 38.5 38.0 37.3 38.5 38.4 37.8 38.5 38.1 37.6 Merchant wholesalers * do.... See footnotes at end of tables. 347 888 348,966 161,249 81,134 80 115 90,682 29,267 61415 97035 38275 58,760 Utilities Electric Manufacturing . . Nondurable manufactures Foods Tobacco products .. Textile mill products . do.... do. . do . do.... do. . . do . do.... ....... Paper and products Printing and publishing Chemicals and products Petroleum products Leather and products Durable manufactures Ordnance, pvt. and govt Lumber and products Furniture and fixtures Clay glass and stone products Primary metals Iron and steel Nonferrous metals Fabricated metal products Nonelectrical machinery Electrical machinery Transportation equipment Motor vehicles and parts Instruments i BUSINESS SALES Mfs and trade sales (unadj ) total i Mfg and trade sales (seas adj ) total $ Manufacturing total "t" do.. . do.... do do.... . do do do.... do do.... do do. do do do.... do do.... do do.... do 136.7 132.8 110.1 103.6 138.9 148.9 1260 155.2 1474 1643 1452 173.2 156.5 239.9 128.2 192.4 237.8 139.9 98.2 1519 140.9 1628 1476 143.0 1715 129.3 140.5 137.9 111.2 103.4 142.0 150.9 1198 159.5 1503 1700 151.8 181.1 166.4 286.2 127.9 198.0 258.7 125.4 102.7 154.4 141.9 166.7 151.6 149.1 174.6 129.0 147.3 151.8 129.1 120.0 144.8 152.1 1221 160.3 1513 1708 1521 182.0 167.0 286.4 128.4 199.4 258.0 130.0 102.0 156.1 146.5 165 6 153.4 152.8 179.0 123.0 147.9 153.1 131.4 122.2 145.0 151.2 1209 159.6 1496 1713 1530 183.6 169.0 289.7 130.6 200.4 259.9 129.7 101.7 154.9 143.4 166.2 154.0 152.4 176.9 129.3 146.5 147.6 123.0 118.1 145.8 152.3 1228 160.5 1505 1722 1541 184.8 169.4 290.3 130.8 202.5 263.7 128.4 102.6 156.2 144.3 168.0 155.3 153.6 176.5 133.3 142.5 137.6 107.8 104.0 145.3 152.5 1219 161.0 1506 1730 154.0 184.4 170.2 293.0 130.8 200.9 264.3 124.6 102.8 156.8 144.0 169.5 155.2 154.3 175.4 132.6 140.4 139.1 110.0 103.3 141.1 150.8 1193 159.5 1495 171 1 1529 182.7 168.9 293.6 129.3 198.5 264.2 121.0 103.0 154.6 139.7 169.4 152.5 150.4 175.5 128.9 136.3 132.8 101.7 92.5 138.2 150.5 1178 159.6 1507 169.9 152.1 180.5 166.9 295.6 125.7 196.2 259.8 120.6 104.5 151.4 135.2 167.5 148.5 145.6 170.6 128.3 129.7 121.7 88.9 81.1 134.1 149.7 1161 159.0 1504 169.1 151.5 179.0 165.1 293.8 123.6 195.0 260.6 116.6 105.3 148.7 130.1 167.1 144.6 141.0 164.7 128.1 123.2 119.2 87.5 78.1 125.4 149.5 113.8 159.4 1509 169.3 152.1 179.0 164.0 294.6 122.0 196.3 262.9 117.5 107.0 145.9 127.0 164.6 139.0 134.0 158.3 127.4 1495 1327 1092 1467 133.3 949 111 1 1328 168.3 1897 1467 161.2 1496 1199 138.6 1270 151 1 139.6 2071 132.9 2557 701 1367 78.5 1193 150.0 1475 102.3 924 1198 134.1 1628 172.8 1169 119.0 171 1 1550 142.2 1231 1413 146.8 951 111.8 1294 169.1 190.9 150.4 164.8 152.1 122.2 135.7 1204 155.0 144.2 2156 129.7 2740 693 1405 81.1 1191 157.2 1479 107.9 998 1224 136.4 1712 178.4 1161 122.3 170.3 1521 135.4 1250 770 146.2 952 111.8 1322 170.7 192.9 152.8 166.4 152.2 122.3 138.8 122 6 155.9 141.3 2206 129.8 2803 69 8 143.5 80.9 1262 158.9 1517 111.9 105.6 1216 138.4 172.1 179.9 123.7 136.4 170.6 156.3 141.7 1235 122.9 148.2 962 112.8 1327 172.7 195.6 152.4 165.8 151.3 120.9 138.3 121 1 153k 143.1 2184 129.3 285 1 684 1432 80.9 1225 162.4 1481 107.4 98.5 1231 139.3 1741 180.1 123.4 137.5 171.3 159 1 146.5 1236 1700 147.7 952 111.5 1333 173.1 196.2 153.2 167.1 151.6 121.3 139.4 1226 1549 144.4 2215 128.7 285 3 70.1 143.6 80.6 1229 164.9 1487 109.4 99.7 1318 140.1 176.7 180.9 119.8 130.5 172.1 158.2 146.0 1241 167.4 148.2 948 116.8 1282 171.9 194.2 153.2 167.3 151.9 1238 140.7 1226 156.7 146.1 2192 130.4 2867 696 1434 81.8 119 1 163.3 1482 113.1 105.1 1288 140.0 176.4 182.6 115.4 123.1 172.3 1558 145.0 1215 1619 148.8 950 111.5 1234 167.8 188.3 151.1 165.9 150.7 122.4 136.3 1225 158.6 145.9 2163 129.1 2822 69.7 140.9 82.3 1132 159.9 147.3 108.6 99.2 1250 136.8 173.9 180.0 114.2 120.4 169.7 156.1 145.3 1198 166.9 148.9 940 111.9 1220 168.1 189.4 148.0 162.8 151.4 124.3 132.5 1178 153.3 145.6 2088 128.3 2760 71.2 137.8 82.5 1096 157.2 143.4 102.3 92.2 1193 133.8 169.7 179.6 110.6 113.8 168.6 155.4 143.3 1154 160.8 148.4 93.9 108.1 116 7 168.9 190.9 145.0 160.3 153.0 119.6 126.1 1138 152.6 143.4 204.6 128.0 264 1 70.8 134.4 84.3 104.7 153.7 135.9 96.6 87.2 112.8 130.2 167.9 175.7 106.1 105.5 167.1 154.7 142.6 110.9 145.5 150.5 94.5 110.5 115 7 168.2 190.2 142.0 157.4 152.8 112.6 122.8 1141 146.6 145.3 199.8 128.3 247 3 65.6 131.3 85.5 104.8 149.4 131.5 89.6 79.2 108.0 126.1 167.4 170.7 103.7 100.4 166.8 !43.0 *10L9 •131.9 e !46.4 !57.6 !68.2 !38.3 156.4 e !34.0 e 210.1 e !07.1 e !82.3 e 245.1 e !08.6 e !08.0 e !41.6 121.5 e 133.9 e !25.8 e !56.7 125.0 e !47.7 129.2 e !68.0 e !89.1 !37.3 154.6 e "125.1 154.5 69.1 46.0 39.4 e !44.8 142.5 124.7 125.3 6 86.3 e 70.9 e l!5.0 e !48.4 e !70.1 •111.4 e !24.0 164.9 M S-3 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 May Annual 1982 1981 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June GENERAL BUSINESS INDICATORS—Continued BUSINESS INVENTORIES Mfg. and trade inventories, book value, end of year or month (unadj.), total $. mil $ 470 769 506 647 492 671 494 485 495 544 498 254 504 114 513 410 520 102 506 647 507 968 508 026 511 118 '513 262 508 034 Mfg. and trade inventories, book value, end of year or month (seas, adj.), total $ .. mil $ 475,202 513 286 490 254 494 226 498 098 502 458 508 132 511 682 515 165 513 286 276 414 269 260 269 709 271 872 273 361 276 616 278 440 279 544 276 414 185,226 177,635 178,676 180 855 182 221 185 140 186 718 ' 187 275 185 226 91,188 91,625 91,033 91,017 91,140 91,476 91,722 92,269 91,188 125 693 118 191 120 010 121 993 123 34" 124 376 125 364 125 618 125 693 58835 55560 56 764 57 865 58545 58 761 59014 58 907 58835 66,858 62,631 63,246 64,128 64,796 65,615 66,350 66,711 66,858 111 179 105 349 106 756 105 768 107 516 108 802 108 708 110 243 111 179 73,746 68,958 69480 68929 70379 71842 71943 73 479 73 746 37,433 36,391 37,276 36,839 37 137 36960 36765 36764 37433 Manufacturing, total f Durable goods industries Nondurable goods industries Retail trade total § Durable goods stores Nondurable goods stores .. Merchant wholesalers, total @ Durable goods establishments Nondurable goods establishments do.. do.. do- 257,979 171,603 86,376 do do do.. 114 114 53747 60,367 do.. do.. do.. 104 441 67,033 37,408 Mfg. and trade inventories in constant(1972)dollars, end of year or month(seas,adj.),total* bil. $ Manufacturing * do,. Retail trade * do.. Merchant wholesalers * do... 263.9 1466 64.3 531 265.4 1463 65.2 538 266.5 1468 66.4 532 267.1 146 9 66.3 539 r 269.4 1494 r 65.9 r 54 1 r 270.5 r !498 '66.3 r 544 '271.2 F 149 8 r 66.2 '55 1 r 269.9 r !484 66.1 r 55 3 510 460 508 315 507 619 '510 076 505 699 275 175 276 206 274 918 '274 179 271 512 184 057 184 470 183 430 '183 356 182 289 91,118 91,736 91,488 '90,823 89,223 124 13 123 395 123 332 '123 175 122 418 57807 56 957 56 803 '56 803 56*663 66,324 66,438 66,529 '66,512 66493 111 154 108 714 109 369 112 722 111 769 73 110 71 859 72 565 '74 668 73 246 38044 36855 36804 '38 054 38 523 r 267.7 146 9 r 65.4 r 55 4 r 266.5 r !46 9 r 65.0 r 54 5 r 266.0 146 4 r 651 r 54 5 r 266.8 '146 0 '651 rCC 7 2658 •I /4E A 649 KA Q BUSINESS INVENTORY-SALES RATIOS Manufacturing and trade, total $ Manufacturing, total t Durable goods industries Materials and supplies Work in process Finished goods Nondurable goods industries............ Materials and supplies Work in process Finished goods Retail trade, total § Durable goods stores Nondurable goods stores ratio. 1.45 1.42 1.40 139 140 142 1 44 148 1 49 1 50 1 52 1 48 1 48 do do... do... do... do... 165 162 212 161 205 1 57 0.63 092 0.65 094 226 229 0.70 1 03 0.71 1 05 0 54 1 72 2 28 0.70 1 04 2 31 0.71 1 06 0 55 2 31 0.70 054 1 75 2 37 0.73 1 08 0 56 1 7/4 207 1 73 0.64 092 1 64 2 15 0.67 098 1 70 0.66 097 1 61 2 10 0.65 096 1 73 201 1 60 do.... do.... do.... ... do..,. do.... do.... do.... , Merchant wholesalers, total @ Durable goods establishments Nondurable goods establishments do.... do,... do.... Manufacturing and trade in constant (1972) dollars, total * do Manufacturing * do. . Retail trade * do.... Merchant wholesalers * do.... 2.16 0.70 096 0.50 049 1.13 0.46 0.18 1.11 0.45 0.18 046 1.13 0.45 1.08 2.08 1.07 019 049 137 202 106 1.13 1.70 0.70 1.09 1.67 0.66 1.06 1.63 0.64 1 67 048 141 214 048 139 198 1 41 138 046 048 049 051 053 1.10 0.44 1.10 0.44 0 17 1.10 0.44 1.11 0.45 0 18 049 1.13 0.45 0 17 050 1.15 0.46 0 18 0 51 1.14 0.46 0 18 0 49 1.15 0.47 0 18 0 50 1 45 2 24 1 11 223 1 45 1 11 1 45 2 25 1 11 1.13 1.76 0.66 1.14 1.77 0.66 1.17 1.80 0.69 018 049 138 205 106 049 018 048 1 40 1 40 209 108 208 1 08 1 42 2 11 1 09 1.09 1.64 0.67 1.09 1.63 0.67 1.10 1.67 0.67 1.12 1.73 0.66 1 66 1 93 1 68 1 97 1 45 1 69 1 99 1 42 141 141 138 143 1 71 2 04 1 44 1 41 r 1 76 r 2 12 r l 48 1 44 r l r 77 2 15 1 48 1 43 r l r 77 2 14 1 47 r l 46 •I AC 0 56 1 50 1 45 9 39 1 fiS 9 OK 0.70 1 n^ 0 57 1.16 0.46 0 19 n *»1 1 40 '2 02 '1 10 1.19 194 0.67 1 45 2 28 1 11 1.15 0.46 0 18 0 51 1 di 2 13 1 09 2 11 1 10 1.18 1.81 0.70 1.13 1.77 0.67 1.12 1.84 0.63 rl on r-i 7C r 2 r '2 14 r l 44 1 42 ri 7/4 rO i q ri 77 rO 1C 1 45 '1 45 1 46 19 l 48 1 49 1.16 0.46 0 18 n "n 1 4.1 1 40 0.68 1 H9 n *»*% 1 11 0.45 n 17 n AS i 3^ 1 08 1.15 191 066 1 79 911 1 41 1 39 MANUFACTURERS' SALES, INVENTORIES, AND ORDERS Shipments (not seas, adj.), total t Durable goods industries, total Stone, clay, and glass products Primary metals . . Blast furnaces, steel mills . .. Fabricated metal products Machinery, except electrical Electrical machinery Transportation equipment Motor vehicles and parts Instruments and related products do.... 1,845,934 1,997,775 169,040 179,978 156,408 166,520 174,010 170,346 161,275 155,673 144,641 160,949 167,154 159,248 162 536 936,030 1,019,879 88,289 95,046 78,497 83,181 88,536 86,763 80,945 78,345 70,029 80,277 '85,366 '80,892 82,500 45,518 49,051 4,279 4,592 4,151 4,288 4,335 4,164 3,824 3,400 3,239 3,541 3867 '3799 3937 Q ft/in rn rni Q 79£ in tA(\ 134 051 137 970 12267 12 628 10 806 11 556 11 724 11 1Q1 in i id r/4 CKI A 770 A QKQ K 177 A QQQ A (V7Q 62481 70933 6*364 6617 5736 5 921 5*965 5 698 5 154 116,868 123,117 10,800 11,300 9,701 10,535 10,671 10,497 9,297 8,850 8,328 9,464 10,274 '9,925 10,198 182,837 204,644 16,869 18,736 15,465 16,244 17,814 17,136 16,675 17,959 14,843 17,013 17,892 15,652 15,903 125,907 136,583 11338 12330 10351 11 402 12339 11 839 11 583 11 012 10276 11 548 11 955 '11 441 11 404 191,387 219,761 20067 21,924 16373 16547 18286 18828 17 433 16669 13891 16837 18 956 '18 585 19 838 114,909 137,404 13,045 14,397 10,228 9,997 11,039 12,299 10,670 8,939 8534 10255 11829 '12 285 12659 45,993 50,233 4,148 4,552 3,894 4,198 4,587 4,395 4,251 4,237 3,532 4,007 4335 '3906 4229 do.,.. 909,903 977,896 80,751 84,932 77,911 83,339 85,474 83,583 80,330 77,328 74,612 80,672 81,788 '78,356 80036 do.... 254,745 266 111 21749 23171 21 057 22394 23316 22763 21900 21 343 20 361 22 591 22 927 '21 604 01 QOQ do . 12466 1119 1 9ftQ 1 1Qfi 13623 1 046 1 149 1 186 1 218 1 190 1 164 1 199 1 218 1 135 1 121 do.... 46167 50682 4409 4755 3 755 4430 4713 4 320 4001 3 703 3 431 3*991 4 463 '3 929 4 046 do.... 6 250 71660 77745 6553 6720 6 106 6658 6690 6 581 6347 5 993 6 622 6 761 '6 384 6 246 do.... 167,099 182,343 15,413 16,153 14,180 15,055 16,078 14,787 14,477 14,800 14,238 15,570 16,403 '15,601 15663 do.... 176,598 194,703 16,236 16,491 15,772 16,458 16,086 16,249 15,778 15,846 15,136 14,397 13,793 14,379 15579 do.... 48,060 46,640 3,915 4,227 3,732 4,040 4,087 4,152 3,525 3,329 3387 3,678 3618 3622 '3669 do.... 167 527 171 494 170 324 169 518 168 581 164 085 161 979 161 081 156 597 159 429 '158 442 '157 179 161 249 do.... do.... do do do.... do.,.. do.... do.... do.... do.... < Nondurable goods industries, total Food and kindred products Tobacco products Textile mill products Paper and allied products Chemical and allied products Petroleum and coal products Rubber and plastics products Shipments (seas, adj.), total t By industry group: Durable goods industries, total # Stone, clay, and glass products Primary metals...., Blast furnaces, steel mills do.,.. do.... do.... do.... Q Fabricated metal products Machinery, except electrical Electrical machinery Transportation equipment Motor vehicles and parts Instruments and related products do.... do.... do.... do.... do.... do.... 86,664 4180 11 824 6209 10594 16775 11597 19130 12257 4208 Nondurable goods industries, total # Food and kindred products Tobacco products Textile mill products Paper and allied products Chemicals and allied products Petroleum and coal products Rubber and plastics products do.... do.... do.... do do. .. do.... do.... do.... 80863 21931 1034 4350 6426 14875 16,404 3,850 See footnotes at end of tables. .. flQf] 88770 4207 11 810 6 172 10591 17303 11679 20440 13 378 4257 87319 4250 11 971 6228 86841 4004 11 981 6 111 86 179 4024 11 609 5929 82 583 3845 11 065 5 710 81 641 3 860 10 635 5 518 81 146 3 822 9 803 5 144 10547 17070 11713 18967 12390 4308 10432 17 246 11 682 19431 12 370 4205 10286 17 353 11 667 18956 11 971 4299 9 989 16924 11 262 17 198 10 686 4241 9 494 17 446 11 433 16 803 10 018 4 146 9 440 17417 11 159 17 427 10 018 4 241 82724 22676 1 154 4467 6392 15296 16357 4,074 83005 22638 1 195 4496 6493 15459 15859 4,129 82677 22453 1 186 4 414 6446 15458 16405 3,956 82402 22421 1 211 4427 6537 15 489 16049 3,971 81 502 22 077 1 099 4 061 6489 15053 16479 3,945 80 338 21 493 1 173 3 934 6 533 15328 15830 3.642 79 935 21 296 1 193 3 875 6 553 15 794 15542 3,698 77 476 79 759 '79 454 '79 020 3 877 3 825 3 803 '3 741 a 070 ro ni o 10 542 9 847 5 407 4 339 '4 313 4 997 9 186 9 564 9 783 '9 684 16 103 16 616 16*429 '15 430 11 066 11 300 11 422 '11 476 15 132 16 499 17 100 '17 772 9 013 9 958 in 341 '11 623 3*920 4*103 4 142 '3*957 79 121 79 670 78 988 '78 159 21 914 22 421 22 028 '21 958 1 202 1 182 1 190 1 138 q 707 A nOQ A 1K1 '3 898 6 500 6 520 6 490 '6 343 15079 15 241 15 206 '14 783 15 112 14080 13809 '14 602 3.673 3.549 3.396 '3.513 ";."i!!"; 81 134 3 846 8 711 3*979 10 008 15*907 11 647 18 912 11*888 4*292 80 115 22 139 1 182 3 992 6 130 15 119 15742 3.557 •••••••• S-4 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1982 1981 1981 May Annual July 1982 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. r Apr. May June GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SALES, INVENTORIES, AND ORDERS f— Continued Shipments (seas, adj.) t—Continued By market category: t Home goods and apparel mil. $.. '1135,305 329,447 Consumer staples do Equipment and defense prod., exc. auto .... do.... '277,289 Automotive equipment do.... 11134,879 Construction materials and supplies do.,.. 1 143,458 825,553 Other materials and supplies .. ... do Supplementary series: '58,493 Household durables do Capital goods industries .. ... do . 1'308,368 267,210 Nondefense do '41,158 Defense do Inventories, end of year or month: t Book value (unadjusted), total Durable goods industries, total Nondurable goods industries, total do.... do.... do.,.. 256,584 169,616 86,967 Book value (seasonally adjusted), total t— •»» do.... By industry group: Durable goods industries, total # do.... Stone, clay, and glass products do.,.. 257,979 Blast furnaces, steel mills do.... Fabricated metal products Machinery, except electrical do.,.. do.,.. Transportation equipment Motor vehicles and parts Instruments and related products By stage of fabrication: t Materials and supplies do.... do.... do.... do.... Finished goods Nondurable goods industries, total # Food and kindred products Tobacco products Textile mill products Paper and allied products Chemicals and allied products Petroleum and coal products Rubber and plastics products By stage of fabrication: Materials and supplies Work in process . . Finished goods do do.... do.... do do do.,.. do.... do.... do.... do.,.. do do... By market category: t Home goods and apparel Consumer staples .. .. Equip, and defense prod., exc. auto Automotive equipment Construction materials and supplies Other materials and supplies Supplementary series: Household durables . Nondefense Defense . Primary metals Blast furnaces steel mills Nonferrous and other primary met. By market category: f Home goods and apparel Equip, and defense prod., excl. auto Construction materials and supplies Other materials and supplies Supplementary series: Household durables Capital goods industries..... Defense See footnotes at end of tables. 19,773 39,189 24,383 36,810 9,694 9,281 12,572 29,344 25,938 15,230 12,696 75,714 12,792 29,219 25,208 14,381 12,754 75,949 12,400 28,919 26,044 14,227 12,289 75,639 12,217 29,267 26,185 13,688 12,310 74,914 11,971 28,664 25,163 12,442 11,925 73,920 11,793 28,506 26,236 11,600 11,564 72,280 11,088 28,551 27,045 11,678 11,392 71,327 11,179 28,854 24,181 10,608 11,333 70,442 12,052 29,772 25,507 11,584 11,288 69,226 '63,343 '338,562 '288,611 '49,948 5,291 27,982 24,041 3,941 5,403 28,714 24,602 4,112 5,512 28,160 23,931 4,229 5,274 28,992 24,573 4,419 5,360 28,822 24,608 4,214 5,194 27,871 23,534 4,337 5,128 28,935 24,433 4,502 4,921 29,377 24,750 4,627 4,880 26,638 22,477 4,161 5,138 27,835 23,217 4,618 fl 54,910 82,917 44,462 91,722 21,600 4,043 6,676 8,664 20,722 8,772 5,729 91,188 21,101 4,243 6,688 8,817 20,438 8,680 5,508 91,118 21,071 4,343 6,469 8,738 20,449 8,710 5,438 91,736 21,082 4,309 6,441 8,949 20,513 9,016 5,487 91,488 rr90,823 21,025 20,984 4,391 '4,582 6,324 '6,258 9,041 '8,931 20,543 '20,531 9,096 '8,436 5,497 '5,585 89,223 20,818 4,597 6,271 8,930 20,099 7,499 5,520 36,716 14,222 40,784 37,022 14,063 41,184 37,122 14,373 39,693 37,013 14,438 39,667 37,003 14,274 40,459 36,516 '36,726 14,209 14,186 40,763 '39,911 36,441 13,992 38,790 57,648 84,986 44,084 86,376 22,325 3,507 6,386 7,798 18,489 8,240 5,279 91,188 21,101 4,243 6,688 8,817 20,438 8,680 5,508 91,625 22,114 3,699 6,562 8,224 20,029 10,278 5,616 91,033 21,862 3,570 6,604 8,332 20,218 9,996 5,634 91,017 21,836 3,765 6,608 8,429 20,116 9,604 5,677 91,140 21,951 3,931 6,550 8,445 20,281 9,320 5,624 91,476 21,826 3,966 6,642 8,588 20,363 9,206 5,703 35,572 14,108 36,696 37,122 14,373 39,693 36,673 14,979 39,973 36,311 14,607 40,115 36,786 14,573 39,658 36,421 14,772 39,947 36,692 14,568 40,216 22,773 21,761 33,005 32,891 75,823 72,697 11,364 11,592 22,575 22,055 110,338 108,264 10,880 85,289 71,647 13,642 10,323 81,608 69,335 12,273 21,410 21,637 21,881 21,982 22,570 23,064 22,773 22,717 22,610 22,081 32,658 32,826 33,205 33,142 33,184 33,020 33,005 33,083 33,402 33,488 73,240 73,756 74,156 75,148 76,180 76,570 75,823 75,711 76,282 76,105 11,530 11,688 11,394 11,714 11,866 11,570 11,364 11,007 10,886 10,775 22,393 22,613 22,727 23,006 22,795 22,901 22,575 22,244 21,866 21,607 108,478 109,352 109,998 111,624 111,845 112,419 110,338 110,413 111,160 110,862 '21,986 21,881 '33,460 33,241 '77,226 76,977 10,766 10,628 '21,235 21,248 109,506 107,537 10,250 10,446 10,674 10,719 10,981 11,037 10,880 10,902 10,837 10,638 10,605 10,437 82,376 83,283 83,742 85,074 86,053 86,513 85,289 85,215 85,921 85,658 '86,641 86,361 69,676 70,602 71,053 72,055 72,985 72,972 71,647 71,410 71,850 71,224 '72,145 71,825 12,700 12,681 12,689 13,019 13,068 13,541 13,642 13,805 14,071 14,434 14,496 14,536 158,588 157,303 178,014 156,831 164,781 172,733 168,150 158,259 154,967 148,271 160,956 167,905 r 93,280 79,035 81,487 87,507 84,898 78,472 77,825 73,362 80,727 86,106 '80,299 77,527 84,734 77,796 83,294 85,226 83,252 79,787 ; 77,142 74,909 80,229 81,799 '78,289 79,776 170,913 172,611 170,063 168,444 159,005 159,923 159,469 156,362 158,467 159,372 155,715 158,071 5,119 29,248 23,865 5,383 11,177 28,840 27,237 10,513 10,778 67,817 11,893 12,420 11,519 29,785 29,529 '29,310 26,933 26,619 '24,732 11,290 11,837 12,803 11,000 11,909 10,741 67,566 67,058 '66,610 12,403 29,515 21,673 13,210 11,446 69,824 4,873 28,663 23,813 4,856 4,836 28,552 22,518 6,034 4,902 28,440 21,744 6,696 5,033 29,130 20,461 8,669 '5,617 '5,244 29,993 '27,304 22,069 '21,443 7,924 '5,861 5,839 24,879 19,742 5,137 5,252 30,459 24,700 5,759 5,388 29,580 23,026 6,554 4,810 24,826 20,996 3,830 5,510 29,708 24,226 5,482 '63,333 '58,182 '326,752 '344,264 '270,571 '281,618 '56,181 '62,641 10,989 28,493 25,647 11,805 11,033 71,502 11,578 28,655 23,225 12,490 11,571 71,486 5,625 28,186 23,230 4,956 12,083 28,188 25,365 14,258 12,755 76,691 11,556 28,547 26,956 11,171 11,698 69,995 12,221 29,282 25,302 13,408 12,273 75,958 12,828 29,253 26,944 14,474 12,900 76,059 do . '134,892 '145,479 '329,505 '345,823 do.... '291,959 '310,210 '133,322 '158,721 do.... '142,790 '149,162 do.... '828,235 '888,643 79,705 16,720 62,985 12,353 28,945 27,503 14,284 11,944 75,034 12,776 29,384 25,025 15,083 13,166 75,479 82,610 16,814 65,796 78,097 8,367 3,823 3,718 9,472 13,988 11,548 18,247 4,806 79,974 16,450 63,524 82,166 17,031 65,135 82,915 17,213 65,702 89,696 12,466 6,436 4,842 10,804 16,376 12,055 20,653 6,116 79,217 '80,501 '77,630 7,763 '8,072 8,584 3,613 '3,672 3,987 3,365 '3,682 3,802 9,778 '8,792 9,555 14,578 14,410 15,204 11,337 12,872 12,405 19,053 19,440 17,553 7,768 '4,525 7,166 79,250 78,871 '78,085 16,633 17,286 16.458 62,617 61,585 '6i;627 79,956 10,032 5,124 4,036 9,262 17,472 11,873 15,429 3,966 79,967 16,644 63,323 86,278 11,422 6,022 4,348 10,054 17,498 12,487 18,627 5,617 88,303 11,324 6,040 4,235 10,979 17,303 12,600 20,909 4,083 77,268 9,153 4,419 3,857 8,757 15,564 11,506 16,959 5,785 79,094 16,509 62,585 77,804 10,170 5,107 3,944 9,282 15,984 10,370 15,780 3,432 81,201 16,605 64,596 87,350 11,602 6,082 4,466 9,901 17,658 11,920 20,375 5,106 82,713 17,033 65,680 88,164 11,809 6,076 4,612 10,607 17,082 11,721 20,093 5,803 81,176 17,052 64,124 do... 55,851 rr55,911 83,267 82,961 44,312 '44,484 57,495 84,083 43,562 '1,020,808 '134,411 '69,519 '52,465 '121,692 '204,948 '140,846 '220,808 '59,381 '977,240 '201,943 '775,294 do do... 56,905 83,634 43,931 56,594 82,996 42,631 '951,169 '276,403 274,003 185,323 184,636 '91,080 89,367 r 274,179 271,512 56,846 84,219 43,628 56,867 82,431 41,557 do . '134,057 '63,212 do do.... '58,694 '115,993 do.... '182,782 do.... '130,744 do.... '202,676 do.,.. '63,658 do.... '909,536 do.,.. '184,073 do.... '725,462 5,044 27,729 22,785 4,944 56,822 83,713 44,155 55,816 81,769 41,091 9,992 78,245 67,224 11,021 '5,260 r5,185 28,036 '26,328 23,141 '21,783 4,895 r4,545 57,740 85,574 43,961 92,269 21,619 4,036 6,709 8,822 20,755 8,663 5,801 55,282 81,933 40,420 do 11,602 29,521 25,071 13,531 11,745 69,779 184,690 177,635 178,676 180,855 182,221 185,140 186,718 187,275 184,690 184,057 184,470 183,430 183,356 182,289 6,674 6,787 '6,692 6,857 6,967 6,781 7,037 6,953 6,923 6,831 6,642 6,509 6,599 6,967 25,194 23,163 23,334 23,926 24,412 25,087 25,268 25,361 25,194 25,236 25,486 25,445 '24,794 24,326 13,089 12,112 12,169 12,556 12,734 13,120 13,148 13,129 13,089 13,066 13,262 13,475 13,089 12,775 19,866 20,314 19,796 19,973 20,031 20,232 20,440 20,598 20,733 20,314 20,630 20,442 20,073 19,946 r 42,472 40,070 40,342 41,036 41,366 42,017 42,282 42,502 42,472 42,324 42,517 42,186 42,528 42,550 26,325 25,457 25,689 25,987 26,243 26,517 26,865 27,976 26,325 26,182 26,150 25,992 '25,872 25,485 39,531 39,175 38,427 38,628 38,949 38,695 39,424 40,264 40,250 39,175 39,012 39,211 39,142 '39,716 8,243 8,460 r8.441 8,555 8,641 9,094 8,970 9,316 9,453 9,397 9,088 9,376 9,275 8,970 9,831 9,712 '^848 9,606 9,707 9,765 9,771 9,738 9,714 9,569 9,585 9,645 9,603 9,765 56,822 83,713 44,155 20,663 32,201 69,908 11,872 21,266 102,070 !2,069 11,459 29,458 rr29,358 25,699 24,039 11,889 13,188 11,581 11,279 67,746 r67,856 274,257 271,609 270,228 271,008 272,545 273,900 276,040 277,405 274,257 276,113 277,776 276,358 182,615 179,959 179,710 180,681 181,967 183,091 184,310 185,149 182,615 184,072 185,727 185,079 91,642 91,650 90,518 90,327 90,578 90,809 91,730 92,256 91,642 92,041 92,049 91,279 275,878 269,260 269,709 271,872 273,361 276,616 278,440 279,544 275,878 275,175 276,206 274,918 53,808 77,935 39,860 do.... do .. do.... . do do.... do.... do do... 12,235 28,207 25,241 14,134 12,812 74,898 do.... 1,860,706 1,998,049 168,602 do.,.. 951,169 1,020,808 87,680 do.... 909,536 977,240 80,922 1 do.... 1,860,706 '1,998,049 169,340 New orders, net (not seas, adj.), total t Durable goods industries, total Nondurable goods industries, total New orders, net (seas, adj.), total f By industry group: Machinery, except electrical Electrical machinery Transportation equipment Aircraft, missiles, and parts Nondurable goods industries, total Industries with unfilled orders $ Industries without unfilled orders 171,603 6,145 21,976 11,844 '145,530 '345,664 '306,690 '158,828 '149,928 '891,128 79,764 9,378 4,949 3,698 9,270 17,605 11,650 16,071 4,657 ' S-5 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual 1982 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June GENERAL BUSINESS INDICATORS—Continued MANUFACTURERS' SALES, INVENTORIES, AND ORDERS I—Continued Unfilled orders, end of year or month (unadjusted), total t • mil. $.. Durable goods industries total do Nondur. goods ind. with unfilled orders $ do.... 317,661 306 995 10,666 r 317,931 328 411 326 446 326,866 325,133 323,853 321,651 318,635 317,931 321,753 321,753 rr322,511 r321,853 316,620 307,065 307 918 316 736 314 968 315 502 313812 312 779 310 908 308 436 307 918 311 444 311 887 312 631 312,039 9,555 9,880 r9,814 9,866 10,013 11,675 11,478 11,364 11,321 11,074 10,743 10,199 10,013 10,309 319,729 319,865 326 508 325,918 328,206 328 757 328,613 323,538 321,478 319,865 319,518 318,553 r319,479 '318,012 314,832 308 815 30248 17439 9,008 30,189 74396 47225 113,043 88,371 10,913 309611 314 954 314 477 316,853 317 369 317 460 312 681 310 995 309,611 309 290 308,746 r309,790 26599 29080 28595 29090 28708 28521 27627 27024 26599 25210 23947 22838 15 977 17028 16897 17105 17075 17 168 16565 16171 15977 14989 13979 13253 8,344 7,638 7053 6718 7,392 8712 8425 8,599 8,062 7522 7392 6934 28,746 29,975 30,362 30,620 30091 29856 29150 28,917 28746 28,318 28306 28,302 74713 75580 75578 74885 75297 75440 74499 74526 74713 74064 72027 70005 51563 49207 50 124 50466 50707 51526 50634 51072 51563 52002 52037 53485 113,927 116,900 115,515 117,456 118,405 118,073 116,657 115 283 113 927 115,752 118,307 120,646 90,435 91319 90504 92,166 92449 93,126 92010 91 187 90435 91899 94,702 97786 10,254 11554 11 441 11,353 11388 11 153 10857 10 483 10254 10228 9807 9689 do.... do.... do..,. do.... 3,988 186,876 17,587 111,277 4,517 4,163 4,609 4,854 4,922 4,902 4,921 4,145 4000 r4,421 '4433 4,320 4163 5,228 190,237 191,990 190,926 192,756 194,278 193,108 191,219 190,510 190,237 193,086 194,219 195,084 195,389 191,671 16,791 17137 17607 17752 17407 17,371 17017 17,151 16791 16237 15 949 16277 15 738 15438 108,674 112,772 112,531 112,645 112,170 113,213 110,785 108,497 108,674 106,050 104,385 103,697 102,452 102,495 do do... do,.,. do 2954 216 028 147,673 68355 3007 3 732 3728 3735 3348 3511 3708 3 093 3007 3028 2923 '3 280 r3 339 4 135 221 617 222 518 222984 223*533 225 006 225 758 222 716 222 442 221 617 223 306 224 603 226 555 '227528 224 680 140,737 148,666 147,288 147,581 147,712 146,126 143,589 142,969 140,737 139,893 137,139 136,062 135,721 132,680 80 880 73852 74696 75952 77294 79632 79127 79 473 80880 83 413 87464 90493 '91 807 92 000 533,520 580,867 Unfilled orders, end of year or month (seasonally adjusted) total t mil. $.. By industry group: Durable goods industries, total # do.... Primary metals do Blast furnaces steel mills ...... do ... Nonferrous and other primary met do.... Fabricated metal products Machinery, except electrical Electrical machinery Transportation equipment Aircraft, missiles, and parts do.... do .. do..,. do.... do.... Nondur. goods ind. with unfilled orders $.. do.... By market category: t Home goods, apparel, consumer staples Equip, and defense prod., incl. auto Construction materials and supplies Other materials and supplies Supplementary series: Household durables . Capital goods industries Nondefense Defense . .. . BUSINESS INCORPORATIONS @ New incorporations (50 States and Dist. Col.): Unadjusted , numberSeasonally adjusted . do . INDUSTRIAL AND COMMERCIAL FAILURES @ Failures, total number.. Commercial service do.... Construction do.... Manufacturing and mining do.... Retail trade,..,. , do.... Wholesale trade do.... Liabilities (current), total Commercial service Construction Manufacturing and mining Retail trade , Wholesale trade , ... 51729 48489 52566 50433 45,762 47483 48 305 48792 49,002 47947 43533 49413 48650 47556 42680 43330 42511 47 234 21 897 12611 r 6,583 r 27,411 r 69 779 '54414 r !20 424 r 97 975 '9615 305 360 21552 12455 6490 26,874 67862 54315 119 758 97786 9472 52574 46899 1464 1408 1432 211 209 184 335 298 318 180 181 184 592 594 599 146 126 147 428 199 408 543 619 462 60,998 84435 44,158 63722 53597 68285 113,187 97692 95513 109 416 138 900 287 268 80,876 33919 124 238 11,742 1,594 2,355 1,599 4,910 1,284 thous. $.. 4,635,080 do.... 413,502 do.... 752,109 do.... 1,885,017 ... do .. 993 539 do.... 590,913 Failure annual rate (seasonally adjusted) No. per 10,000 concerns.. 48,115 48907 r 308,397 r 620 *42.1 608 65.9 COMMODITY PRICES PRICES RECEIVED AND PAID BY FARMERS 1i Prices received, all farm products 1910-14=100.. Crops # ... do Commercial vegetables do.... Cotton do Feed grains and hay do Food grains . do Fruit do..,. Tobacco do Livestock and products # ... do Dairy products do. Meat animals .. . do Poultry and eggs do.... Prices paid: Production items do All commodities and services, interest, taxes, and wage rates (parity index) 1910-14=100.. Parity ratio § do CONSUMER PRICES (U.S. Department of Labor Indexes) Not Seasonally Adjusted 614 539 562 583 417 452 '458 1219 » 691 798 878 '254 '633 '580 '676 565 446 456 477 1 363 r 688 r 842 '848 '264 '651 615 '649 612 '493 471 '478 1 304 '687 826 '858 254 '651 '596 '599 601 r 476 439 475 1304 '708 820 '897 '263 '651 595 '654 594 '461 436 '439 1387 r 708 820 r 893 '269 '632 '564 '626 549 '429 430 '478 '1 404 '703 '826 '884 '263 '608 594 '583 593 '517 '527 524 521 '733 621 '594 '608 490 526 507 432 393 382 373 381 436 427 434 442 '469 '482 '554 '540 1 452 '1 426 '1 435 '1 452 '699 675 641 '665 '838 856 856 856 '872 '822 756 794 255 '263 253 '268 601 545 892 421 400 432 519 1 478 659 850 791 259 608 534 789 409 391 425 547 1 478 685 844 841 264 608 521 656 423 392 419 533 1 478 699 832 870 268 616 530 632 452 404 417 537 1 469 706 820 898 255 '633 '541 '602 '458 '418 '413 '581 1 469 727 '807 '950 247 631 540 671 404 406 389 613 1 474 726 801 950 245 799 854 863 866 859 858 859 850 849 840 856 858 866 866 '871 876 950 65 1,031 61 1,033 63 1,037 63 1,035 63 1,038 '61 1,040 '58 1,037 57 1,037 57 1,031 57 1,058 57 1,060 57 1,067 57 1,066 58 1,071 59 1,078 59 ALL ITEMS, WAGE EARNERS AND CLERICAL WORKERS, REVISED (CPI-W) 1967= 100.. 247.0 272.3 269.1 271.4 274.6 276.5 279.1 279.7 280.4 281.1 282.1 282.9 282.5 283.7 286.5 290.1 ALL ITEMS, ALL URBAN CONSUMERS (CPI-U) 1967= 100.. Special group indexes: All items less shelter do.... All items less food . do All items less medical care do.... 246.8 272.4 269.0 271.3 274.4 276.5 279.3 279.9 280.7 281.5 282.5 283.4 283.1 284.3 287.1 290.6 235.5 2440 245.5 258.5 2706 270!9 256.2 2670 267.6 257.8 2695 269.9 259.9 2727 273.0 261.4 2749 274.9 263.5 2782 277.8 264.5 2790 278.3 265.4 280 1 279.0 266.0 2808 279.6 267.4 281 4 280^6 268.3 282 1 28L5 268.5 281 7 280.9 268.7 2829 282.1 270.6 2860 284.9 273.8 2897 288.4 See footnotes at end of tables. S-6 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1982 1981 May Annual July 1982 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June COMMODITY PRICES—Continued CONSUMER PRICES-Continued (U.S. Department of Labor Indexes) — Continued Not Seasonally Adjusted All items (CPI-U)—Continued Commodities Nondurables Nondurables less food Durables . . . Commodities less food Services Services less rent ., . . Food # Food at home 259.5 271.7 260.1 233.7 246.0 325.3 345.7 283.3 278.0 258.8 270.7 258.4 233.5 245.2 325.5 345.7 258.9 269.3 255.0 235.8 245.0 328.4 349.1 261.5 270.7 256.2 239.8 247.8 331.8 352.8 265.1 274.4 261.2 243.2 251.9 334.9 356.5 277.8 271.7 258.8 270.8 260.2 233.4 245.9 323.9 344.2 281.0 275.3 283.0 277.1 285.5 279.8 287.8 282.6 304.2 327.2 215.0 367.2 329.8 676.1 358.3 227.2 305.2 328.0 216.5 367.8 331.8 682.5 359.9 227.7 306.1 328.3 217.8 367.5 336.2 686.0 367.4 228.4 307.3 329.5 218.6 368.7 337.1 683.1 368.7 230.2 306.7 327.6 219.6 365.7 339.3 664.0 375.9 231.6 283.9 277.9 309.4 331.4 220.1 370.6 339.2 641.3 377.8 232.6 313.8 336.7 221.8 377.4 345.4 644.6 388.6 233.4 317.5 340.9 222.6 382.8 352.2 656.6 398.5 233.7 191.5 287.2 283.9 192.5 278.2 330.8 304.8 191.3 289.1 285.8 195.3 281.4 333.2 308.2 190.5 289.8 286.5 197.0 281,9 333.8 310.2 187.3 289.9 286.6 197.4 280.5 334.9 313.4 188.0 288.0 284.5 195.5 279.7 336.8 316.2 191.1 285.1 281.3 194.4 280.9 336.7 318.8 191.9 282.9 278.8 196.0 285.1 339.3 321.7 191.5 285.6 281.5 197.5 291.4 342.1 323.8 190.8 292.8 288.9 198.1 298.2 345.6 326.4 0.4 258.3 245.9 279,0 273.5 0.4 259.6 247.5 279.5 273.1 0.3 259.9 247.2 281.5 275.9 0.2 260.4 247.2 283.2 278.1 -0.3 259.1 245.9 282.2 276.4 0.2 258.4 244.6 283.0 277.1 1.0 260.7 246.9 285.4 279.9 1.0 264.0 250.6 287.2 282.0 1967= 100.. do... do.... do . do.... do ... do.... 233.9 245.0 235.2 210.4 222.0 270.3 285.1 253.6 266.3 257.5 227.1 241.2 305.7 324.3 251.9 265.8 258.2 223.9 239.6 299.6 317.4 253.2 266.2 258.0 226.6 241.1 303.5 321.9 255.0 267.1 257.5 229,6 242.6 308.8 328.1 256.2 268.1 258.4 230.9 243.8 312.2 331.7 257.7 269.5 260.3 232.6 245.5 317.3 337.5 257.9 269.5 260.7 232.9 245.9 318.6 338.7 258.0 269.5 261.1 233.2 246.2 320.6 340.8 258.4 269.8 261.1 233.7 246.5 321.8 342.0 do... do..,. 254.6 251.5 263.3 281.7 191.6 314,0 278.6 556.0 301.8 205.4 274.6 269.9 272.5 267.7 273.6 268.7 276.2 271.6 277.4 272.8 288.5 308.4 205.9 345.0 314.9 685.8 339.6 220.1 292.2 312.6 206.8 350.4 320.2 682.0 350.2 221.1 299.7 322.0 210.3 361.8 327.8 674.6 360.8 222.9 178.4 249.7 249.2 179.3 208.1 251.6 265.9 186.9 280.0 277.5 190.2 256.9 312.0 294.5 186.4 277.8 276.0 190.9 245.2 297.7 289.0 185.8 279.9 277.9 192.2 252.9 303.9 291.5 297.0 318.5 207.8 358.0 325.1 677.9 357.6 222.4 184.7 282.6 279.6 192.5 260.3 323.1 295.6 277.6 272.1 303.5 326.6 213.6 366.7 330.1 672.7 360.6 225.6 277.1 271.0 293.5 314.7 208.2 352.7 319.2 675.9 345.9 221.3 187.4 283.7 280.5 191.9 266.9 326.5 299.3 278.0 273,2 303.7 326.9 211.9 367.8 331.1 673,4 364.5 224.5 190.7 285.2 281.9 191.3 272.8 329.1 301.7 0.8 251.1 238.5 272.6 268.0 0.7 252.1 239.7 273.2 268.2 0.8 255.4 243.0 276.5 271.3 1.1 257.3 244.9 278.3 273.3 .. , Housing Shelter # 4 Rent residential , . .... . . Homeownership Fuel and utilities # . . . . Fuel oil, coal, and bottled gas Gas (piped) and electricity Household furnishings and operation.... do,. . do.... do. . do do do.... do.... do.... Apparel and upkeep Transportation Private New cars ... Used cars Public do. . do.... do do.. do.... do.. .. .... Seasonally Adjusted Apparel and upkeep do.... 185.8 186.1 1.1 254.0 241.6 275.0 269.9 187.1 188.4 189.0 189.5 0.5 258.8 246.5 279.3 273.3 189.3 189.4 189.3 190.1 190.9 191.1 191.0 191.2 Transportation . , Private .. , do.... . . . . do ... 275.8 274.1 189.9 276.9 274.9 192.0 279.7 276.6 192.8 281.4 278.3 192.8 284.6 281.5 193.7 288.2 285.1 194.0 290.8 287.8 194.6 292.5 289.6 196.1 291.9 288.7 196.0 289.9 286.5 194.5 287,1 283.4 194.6 282.6 278.5 196.0 283.8 279.7 196.5 289.7 285.7 197.9 299.9 303.3 308.6 312.2 316.9 318.4 321.4 322.9 324.4 325.6 325.7 328.7 331.8 334.5 All items percent change from previous month Commodities 1967— 100.. Commodities less food do Pood do ... • PRODUCER PRICES § (U.S. Department of Labor Indexes) Not Seasonally Adjusted All commodities . 1967—100.. By stage of processing: f Crude materials for further processing do.... Intermediate materials, supplies, etc do.... Finished goods # do.... Finished consumer goods do.... Capital equipment do.... By durability of product: Durable goods .. do.... Nondurable goods do Total manufactures .. ......... . . . . do.. . Durable manufactures do Nondurable manufactures do.... 268.8 293.4 294.1 294,8 296.2 296.4 295.7 296.1 295.5 295.8 298.3 r 298.6 297.9 297,9 298.6 299.4 304.6 280.3 247.0 248.9 239.8 329.0 306.0 269.8 271.3 264.3 334.4 306.7 269.9 271.5 262.5 335.4 307.2 270.5 272.3 263.8 337.3 308.5 271.8 273.5 265.4 333.0 310.1 271.5 273.0 265.8 327.4 309.7 271.5 273.1 265.3 319.9 309.4 274,3 275.1 271.5 313.9 309.0 274.7 275.2 273.0 311.5 309.4 275.4 275.8 274.1 318.4 311.0 277.9 278.3 276.2 '321.6 r 311.1 '277.9 '278.6 r 275.0 319.9 310.9 276.9 277.2 275.7 322.8 310.1 276.9 276.9 277.1 328.1 309.8 277.7 277.6 278.3 325.7 310.0 279.9 280.0 279.6 251.5 282.4 261.5 250.8 273.0 269.8 312.4 286.0 269.6 303.6 251.5 254.9 248.7 304.1 287.8 694.4 198.4 261.5 292.8 263.1 300.4 309.5 273.7 232.8 199.6 235.4 237.5 268.6 314.8 286.2 268.2 305.7 269.1 315.7 286.9 268.9 306.4 270.8 316.8 288.0 270.6 306.9 271.9 316.2 288.6 271.7 306.9 271.8 315.0 288.3 271.7 306.3 275.0 312.8 289.8 275.1 305.5 275.4 311.4 289.7 275.8 304.5 276.0 311.4 289.9 276.5 304.3 277.6 314.7 291.9 278.0 306.8 '277.4 315.4 '292.0 '277.8 307.2 277.3 314,2 291,4 277.8 305.8 278.1 313.5 290.9 278.7 303.9 278.4 314.5 291.3 279.1 304.1 278.4 316.0 292.4 279.4 306.2 252.9 259.6 248.2 304.7 254.3 260.7 249.9 305.1 290.5 707.6 197.3 261.6 298.1 262.1 298.4 313.6 272.9 233.4 200.1 234.3 236.7 256.8 263.3 252.2 306.2 291.3 704.9 199.5 261.1 296.5 264.8 302.0 314.3 274.9 232.1 201.3 235.0 237.4 254.2 257.9 251,2 307.2 293.3 704.3 199.6 261.3 294.5 266.2 304.1 314.1 275.9 234.1 202.4 235.9 238.4 250.3 251.1 248.9 307.4 293.3 703.5 201.0 261.7 289.3 268.1 304.9 313.2 277.8 235.7 202.9 231.8 232.8 246.0 243.1 246.6 309.0 292.4 698.1 201.3 260.0 284.3 269.3 305.3 313.3 279.2 237.3 204.0 244.5 247.8 242.5 237.4 244.3 309.3 292.0 698.1 202.1 259.8 282.1 270.4 304.2 313.7 280.4 238.0 203.6 246.3 248.9 241.0 234.6 243.6 246.0 242.2 247.1 311.8 292.9 705.1 203.5 261.8 285.5 274.1 304.7 315.6 285.5 237.3 205.0 248.6 250.8 r 247.5 244.6 248.1 311.0 294.6 690.1 204.7 262.7 285.4 275.7 303.6 319.7 286.3 241.8 205.0 244.9 246.4 251.4 250.6 250.8 309.9 294.5 671.2 205.6 264.4 286.1 277.3 303.8 320.0 287.9 241.9 204.7 245.6 246.6 255.6 256.1 254.4 309.5 296.2 661.9 206.1 263.4 283.9 278.1 303.4 319.1 289.1 242.9 205.1 247.2 248.7 255.3 252.7 255,8 310.7 293.5 677.4 206.6 262.7 288.7 278.4 300.1 318.7 289.3 243.3 204.5 249.6 251.5 do.... do.... do.... 244.7 249.4 241.2 274.8 Chemicals and allied products , do.... Fuels and related prod., and power do.... Furniture and household durables do.... Hides skins and leather products do ... Lumber and wood products do.... Machinery and equipment do. .. Metals and metal products do... Nonmetallic mineral products do... Pulp, paper, and allied products do.... Rubber and plastics produets do... Textile products and apparel doTransportation equipment # ....Dec. 1968=100. Motor vehicles and equip . 1967—100 260.3 574.0 187.7 248.9 288.9 239.8 286.4 283.0 249.2 217.4 183.5 207.0 208.8 Farm prod., processed foods and feeds Farm products , Foods and feeds, processed 288.6 709.0 197.4 263.7 298.4 260.7 299.1 312.0 272.1 231.8 199.2 233.6 236.0 310.0 291.8 702.5 202.9 260.7 285.4 272.0 303.3 313.5 281.0 238.3 203.4 246.8 249.5 r 248.4 247.1 248.1 '311.6 r 293.6 '697.8 '204.6 '261.6 '285.2 '275.4 '304.2 '319.0 '286.3 '239.3 '205.6 '245.2 r 246.8 r Seasonally Adjusted $ Finished goods, percent change from previous month '. By stage of processing: t Crude materials for further processing 1967=100. Intermediate materials supplies, etc do... Finished goods $ do Finished consumer goods . do.. Food , ., do... Finished goods exc foods do Durable , .. . . . . . . do.. Nondurable do... Capital equipment do PURCHASING POWER OF THE DOLLAR As measured by: Producer prices 1967—$! 00 Consumer orices do... See footnotes at end of tables. 0.405 0.406 0.371 0.367 0.2 0.6 0.4 0.3 0.2 0.6 0.5 0.3 0.5 '-0.2 '-0.3 0.1 0.0 1.0 333.7 305.7 268.8 270.6 253.3 275.6 217.7 318.8 262.0 336.9 306.9 270.3 272.0 254.5 277.1 218.9 320.4 264.1 337.6 308.1 271.3 272.9 256.6 277.4 218.5 321.2 265.6 334.4 309.7 272.1 273.3 256.8 277.9 219.6 321.5 267.4 328.4 309.8 272.6 273.9 255.5 279.3 219.5 323.9 267.8 322.7 309.7 274.2 275.2 255.0 281.4 222.5 325.3 270.5 318.1 310.6 275.5 276.3 253.2 283.8 224.5 328.0 272.5 313.6 311.1 276.3 276.9 253.0 284.6 224.7 329.3 274.1 319.3 312.0 277.8 278.5 255,9 285.6 224.4 331.3 275.4 317.3 '311.1 '277.3 '278.2 257.1 '284.7 r 223.1 '330.6 '274.3 314,6 310.4 276.5 276.8 256.7 283.0 223.9 327.0 275.5 320,2 308,5 276.7 276.8 260.8 281.1 223.4 324.3 276.5 327.3 308.8 276.8 276.6 262.7 280.1 224.3 321.8 277.7 327.0 309.7 279.7 279.7 263.9 283.9 226.9 326.5 279.9 0.371 0.372 0.370 0.369 0.368 0.364 0.368 0.362 0.368 0.358 0.365 0.357 0.364 0.356 0.363 0.355 0.360 £354 0.360 0.353 0.361 0.353 0.361 0.352 0.360 0.348 0.357 0.344 S-7 SURVEY OF CURRENT BUSINESS July 1982 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS Annual 1982 1981 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June CONSTRUCTION AND REAL ESTATE CONSTRUCTION PUT IN PLACE New construction (unadjusted), total mil. $. Private total # do Residential do.. New housing units.... do.. Nonresidential buildings, except farm and public utilities total # ....... .. mil $ Industrial...., do.. Commercial do Public utilities: Telephone and telegraph do.. Public, total # do Buildings (excluding military) # do... Housing and redevelopment do... Military facilities do.. Highways and streets.... do... New construction (seasonally adjusted at annual rates), total bil $. Private, total # do... Residential do... New housing units.. do... Nonresidential buildings, except farm and public utilities, total # bil. $. Industrial do Commercial do... Public utilities: Telephone and telegraph do... Public, total # do. . Buildings (excluding military) # do. . Housing and redevelopment do... T«<4iSaf-»na1 T 230,749 r238,201 '20 326 r21 378 •21 689 r21 646 r21 986 '21 308 '19 963 '18 865 '15 142 '14 726 '16 705 '17 950 !75 699 185 222 15 986 16506 16 654 16 563 16 595 16 417 '15 487 '14 941 '12 170 '11 794 '13 349 '14 188 87261 rr86 566 rr7996 rr8104 rr7960 rr7709 r7453 '7 182 '6736 '5966 '4963 '4417 '5175 '5929 63,139 62,664 5718 5905 5854 5623 '5422 '5077 '4630 '3951 '3450 '3166 '3789 '3861 r 52434 13837 29945 60 818 17 030 '34 248 r r r r 4913 1320 2828 5173 1396 2945 ^5409 1553 r 3024 r 5571 1636 '3097 r 5602 1635 r 3 115 '5739 1680 '3 180 '5545 ' r5 230 '1588 '1456 '3 117 '3008 4542 1226 2619 4575 1239 2623 5018 1338 2898 '5 195 1296 '3078 5475 1469 3 146 4 150 1,386 135 6,733 '55 050 '18,517 1,648 r 7,074 52 979 17,792 1,722 568 '4 340 1,453 155 '614 '4 872 1,486 147 592 '5036 1,554 142 606 5083 1,584 143 '649 5392 1,632 133 '701 '4891 '1,510 127 '631 4476 1,511 135 '652 '3 924 1,459 147 n Kfl '466 '2971 '1,186 111 531 '2932 1,227 113 '639 '3356 1,290 129 n QQ 584 '3762 1,380 136 1880 13,807 1964 13 304 183 1091 188 1460 183 1531 146 1522 '173 1569 150 1389 165 1 110 '161 '756 '159 '434 '114 '444 '179 585 '152 '721 183 1 026 '2409 1893 r 922 r 695 r 2375 1859 r 891 r 668 r r '2335 '1824 '804 '571 r 2308 '1800 '782 '534 '2300 '178 1 '762 '504 '2288 '1766 '758 '494 '225 1 1755 '73 7 '51 0 '2226 '1730 '692 '492 '224 6 '173 6 '700 '51 0 '2262 '1754 '725 '496 229 2 180 0 75 0 50 5 r 587 159 r 335 r 600 167 r 336 '629 '185 '349 '629 '18 5 '346 '634 184 '357 '622 '16 6 '364 '62 8 '17 1 '362 '64 1 '172 '368 '649 16 6 '642 '15 9 '384 655 17 8 37 1 7.0 517 177 1.8 1.8 21 127 '72 '51 1 '173 '7 3 '508 '172 1.5 '75 '51 9 '17 7 1.6 125 '1 9 19 119 19 12 8 '75 '52 2 '176 1.6 '1.8 '20 '127 73 '496 168 1.7 '1.1 2i 11 5 '84 '496 '17 7 1.5 1.8 15 '124 '74 '51 0 '169 1.6 1.6 '2 3 '133 71 '509 176 1.6 '1.8 '1 9 12 1 49 2 166 1.6 1.5 21 11 8 150 189 107 39070 111 120 ft AA.1 r rl CCK r r-i EQ ri Kf\ r *1 QR 238 1 1869 r 870 r 64 1 r r rlQfl 2359 1852 r 84 1 r 608 r r rlftl r MfiQ rQQ '616 178 342 625 187 '34 3 '6.6 517 170 1.8 1.6 r 21 133 68 512 171 1.6 r 69 507 172 1.7 13292 102 3201 10092 14919 109 3407 11512 13651 99 3292 10*360 12289 99 3336 8953 12868 100 3965 8903 12328 101 3541 8*787 9722 92 2406 7316 11577 112 2862 8 715 10580 115 2673 7907 8 881 97 2 998 5883 13 036 105 4 280 8756 11 713 88 3 394 8319 11 821 94 3 773 8 048 58250 60063 31,877 5040 5855 2*398 5560 5904 3*454 5572 5853 2,227 5 270 4894 2 126 5 125 4844 2*898 5 287 4*872 2169 4 380 3*737 1605 4 445 3*739 3393 3458 3*008 4 113 3606 3 143 2132 5 273 4 600 3 164 4 400 4 656 2658 4 233 4 984 2604 166 366 14093 11 684 12897 11 890 11 999 16597 15 492 17516 13920 12 102 10 844 14 043 9 119 1,100.3 1 084 2 705.4 110.6 1099 73.8 107.0 1058 72.5 1010 999 69.5 873 863 57.0 909 84 1 58.3 88 1 87 2 49.9 649 64 6 40.1 597 59 1 34,1 476 47 2 29.3 520 51 3 32.5 78 7 78 2 51.8 '85 1 '84 1 '55.8 '99 5 1 172 776 1046 705 1040 696 946 614 899 623 854 507 860 554 882 550 885 592 945 568 931 621 986 564 1 178 659 986 573 941 543 878 505 835 456 738 400 743 413 797 454 803 450 792 436 2407 22 9 262 23 1 256 21 8 267 22 4 238 21 5 232 20 2 208 15 7 207 14 2 206 13 9 211 r An Military facilities do... Highways and streets do... CONSTRUCTION CONTRACTS Construction contracts in 50 States (F.W. Dodge Division, McGraw-Hill): Valuation, total mil. $.. 148,393 Index (mo. data seas, adj.) 1977-100.. 106 Public ownership mil. $ 41 717 Private ownership do.... 106 676 By type of building: Nonresidential , do.... 52492 Residential do 63668 Non-building construction do.... 32234 New construction planning (Engineering News-Record) § . do.... 149 143 HOUSING STARTS AND PERMITS New housing units started: Unadjusted: Total (private and public) thous.. 1,312.6 Privately owned do 1 2922 One-family structures , do,... 852.2 Seasonally adjusted at annual rates: Total privately owned do.... One-family structures do New private housing units authorized by building permits (16,000 permit-issuing places): Monthly data are seas. adj. at annual rates: Total '. thous.. 1 191 One-family structures do 710 Manufacturers' shipments of mobile homes Unadjusted . thous 221 6 Seasonally adjusted at annual rates do.... CONSTRUCTION COST INDEXES Dept. of Commerce composite 1977—100.. 143.2 American Appraisal Co., The: Average, 30 cities 1913—100.. 2,495 Atlanta do.,,. 2,660 New York , do.... 2,553 San Francisco do.... 2,671 St. Louis do.,.. 2,343 Boeckh indexes: Average, 20 cities: Apartments, hotels, office buildings 1977=100.. 125.1 Commercial and factory buildings do.... 127.7 Residences do.... 128.9 Engineering News-Record: Building 1967= 100.. 287.7 Construction do.... 3014 Federal Highway Adm. —Highway construction: Composite (avg. for year or qtr.) 1977=100.. 163.0 See footnotes at end of tables. r 19364 15213 6575 4132 r r r 21 132 r 17 127 1.5 152.5 150.9 1507 1524 153 4 1548 1549 1547 156 1 '156 5 2,643 2841 2,645 2,873 2,453 2,635 2805 2,640 2,855 2485 2,655 2784 2,631 2,821 2476 2,678 2894 2,653 2,915 2467 2679 2896 2668 2,909 2505 2676 2898 2658 2,893 2494 2678 2 892 2655 2,896 2491 2678 2878 2646 2,918 2 523 2700 2893 2659 2934 2535 137,4 140.1 136.0 135.4 138.1 1344 310.3 3289 307.3 3233 156.7 139.7 141.9 1383 308.3 3268 152.4 312.1 3316 142.1 145.3 140 4 313.5 3328 316.6 3361 157.3 143.2 145.9 141 6 319.1 341 9 323.6 3454 156.8 324.7 346 8 8 278 rQQ 1 Q1 ^ '58.6 62.2 '882 '566 '1 075 '631 911 607 851 460 879 450 '944 '488 948 519 179 99 1 99 3 251 252 255 246 '1560 '1563 '1583 1575 144.1 146.3 142 1 323.3 3449 rqo 4 146.0 148.5 143 1 325.7 3478 324.8 3472 145.3 149.0 151.1 146 1 325.0 347 3 328.6 353 0 2 328.5 2 352 9 S-8 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual July 1982 1981 May June July Aug. 1982 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June CONSTRUCTION AND REAL ESTATE—Continued REAL ESTATE If Mortgage applications for new home construction: FHA net applications thous. units.. 141.4 92.3 Seasonally adjusted annual rates do Requests for VA appraisals 202.2 153.8 k do.... Seasonally adjusted annual rates . do. . Home mortgages insured or guaranteed by: Fed, Hous. Adm.: Face amount mil. $.. 16,458.53 10,278.14 Vet Adm * Face amount § . . . . do.. . 13 855 54 790593 Federal Home Loan Banks, outstanding advances to member institutions, end of period mil. $.. 48,963 65,194 New mortgage loans of all savings and loan 72537 associations estimated total . . .. mil. $. 53 283 By purpose of loan: 14946 Home construction do 11599 42957 28299 Home purchase * do 14,634 13,385 All other purposes.... do.... 54 58 8.5 99 4.5 50 9.0 100 4.6 61 8.7 123 8.2 126 9.1 141 7.5 136 9.3 142 8.6 126 9.1 119 9.8 104 11.1 118 793.47 644.07 622.98 1,014.78 69621 66019 654.28 48573 727.94 464.19 593.31 357.69 443.87 327.39 606.52 393.60 59,475 62,471 64,347 64,662 64,409 65,194 65,099 65,089 88 88 15.4 180 7.4 84 14.2 156 6.2 65 13.8 150 983.42 58344 978.02 87583 53,148 56,095 7.2 84 11.9 135 63 67 !3.6 143 5.2 51 13.0 151 67 76 14.1 154 585.12 421.78 547.57 374.45 589.61 327.85 716.28 443.89 66,162 67,941 67,801 69,398 5734 6052 4987 4055 3865 3465 2,934 3,760 2,628 2,849 3,966 1248 3130 1,356 1 187 3435 1,430 1003 2771 1,213 772 2323 960 803 1970 1,092 650 1838 977 600 1498 836 824 1682 1,254 495 1,204 929 592 1,320 937 966 1,647 1,353 3305 154 29.3 54 28.2 237 24.8 21 1 7.9 36 23.6 146.8 3933 16.5 38.4 54 31.1 34 2 33.7 235 8.3 35 28.4 1703 275.3 11.6 21.1 38 23.5 203 37.9 130 4.7 1.7 25.2 112.7 2112 7.9 20.3 27 20.1 10 3 15.1 71 3.5 1.5 21.2 101.4 249.5 8.4 23.5 2.5 27.8 21 1 16.2 67 4.2 1.9 24.5 112.5 287.8 15.1 29.6 4.4 27.5 185 20.8 125 5.5 2.8 27.1 123.3 r r 3,807 r 3,591 832 l,612 1,363 718 1,565 1,308 290.9 15.9 25.5 5.9 30.8 262 20.7 149 5.2 3.1 28.9 129.6 338.9 11.8 36.5 6.8 34.4 212 22.7 192 8.0 3.0 32.3 143.0 814.7 24.1 209.2 30.6 122.8 428.0 904.9 25.0 233.6 29.4 137.8 479.0 r 96,622 r 39 675 r 95,183 37892 57,291 r 113 3 19 r 75,265 r 111 585 74,564 37021 r DOMESTIC TRADE ADVERTISING Magazine advertising (Publishers Information Bureau): Cost total mil $ Apparel and accessories do. . Automotive, inel. accessories do.... Building materials do Drugs and toiletries . . . . . . . . .... do.... Beer, wine, liquors do.... 28726 1122 231.1 525 280.8 2119 239.2 1396 71.0 300 290.3 12139 32225 1417 290.1 565 318.3 231 8 251.8 1654 67.5 296 314.5 13551 2979 11 1 31.0 74 313 175 19.0 184 7.2 34 24.8 1268 2671 74 29.0 53 274 195 25.7 123 5.4 20 28.5 1045 1966 6.4 17.6 36 21.4 17 6 15.0 99 4.3 14 25.5 734 2109 12.9 17.4 48 22.3 158 14.3 95 4.0 1.9 27.5 807 2848 21 1 14.7 72 30.9 18 4 18.1 146 5.9 32 25.6 1251 Industrial materials do..,. Soaps cleansers etc do Smoking materials. do.... All other do Newspaper advertising expenditures (Media Records Inc.): 824.3 729.6 738.3 7073 795.0 7722 8117 7793 9367 81859 95754 8845 8567 Total mil $ 25.8 13.2 21.6 22.5 15.8 21.3 17.4 24.7 19.6 1824 2256 157 213 Automotive . do .. 218.5 197.3 149.1 208.4 208.8 201.3 2,514.9 238.8 204.3 207.8 240.2 217.1 Classified do.... 2,195.6 31.3 31.7 26.0 42.6 31.1 29.7 352 394 455 2973 3872 260 280 Financial do. . 91.7 119.1 128.8 120.6 137.1 134.9 114.0 94.1 92.8 109.4 129.4 1,380.0 General do.... 1,121.7 419.9 364.7 509.4 345.0 43889 358.9 4236 4088 4494 547.5 5 067 8 4621 3974 Retail do. WHOLESALE TRADE $ Merchant wholesalers sales (unadj ) total . mil. $.. 1 055 168 1,174 072 98116 100 159 97,562 95,143 98,548 100,820 95,938 98,565 87,340 87,470 103,912 448 040 499 970 41850 44359 42626 42523 42726 43 253 40333 41012 35404 36578 42482 Durable goods establishments do Nondurable goods establishments do.... 607,128 674,102 56,266 55,800 54,936 52,620 55,822 57,567 55,605 57,553 51,936 50,892 61,430 Merchant wholesalers inventories, book value, 104 655 111 163 105 171 106 021 104 675 105 722 107 225 108 655 111015 111 163 111 331 110 187 111 386 end of year or month (unadj ) total mil $ 65,825 72,345 70,199 70,870 69,825 70,590 71,411 71,008 72,450 72,345 71,575 71,931 73,073 Durable goods establishments do.... 38 830 38818 34972 35 151 34850 35132 35814 37647 38565 38818 39756 38256 38313 RETAIL TRADE AH retail stores: f m 951 902 1 038 790 86 899 87309 88248 89046 85522 88779 87331 106,069 76,647 75,698 86,172 Estimated sales (unadj ) total t il $ 296 594 326 596 27522 28985 28858 29248 27626 27165 25750 29,140 21,704 23,365 27,988 Durable goods stores %• do Building materials, hardware, garden supply, 3,055 3,861 4,190 3,841 3,058 4,662 4,704 5,174 4,952 4,824 49,616 53,164 4,969 and mobile home dealers mil. $.. Automotive dealers do.... 162,309 180,722 15,213 16,205 16,307 16,742 15,425 14,842 13,444 13,341 12,118 13,912 17,068 4,836 3,552 3,143 3,887 3,987 3,211 3,785 3,838 43,416 3,745 3,881 45,701 3,630 Furniture, home furn., and equip do,... Nondurable goods stores do.... 655,308 712,194 59,377 58,324 59,390 59,798 57,896 61,614 61,581 76,929 54,943 52,333 58,184 9,473 7,442 9,905 11,014 12,622 19,888 7,468 9,600 10,423 General merch. group stores do.... 117,227 127,494 10,307 10,079 Food stores do.... 217,047 237,586 20,339 19,693 20,928 20,121 19,544 20,723 19,514 22,019 19,966 18,594 20,066 8,110 7,918 8,555 7,460 8,855 8,271 8,895 9,069 8,551 8,664 93,624 101,665 8,636 Gasoline service stations do.... 6,676 3,729 3,168 4,227 3,302 3,589 4,126 3,920 4,268 3,724 3,623 44,426 47,755 Apparel and accessory stores do.... 7,888 7,279 7,259 8,129 8,183 8,176 8,432 8,500 7,989 7,570 8,253 85,842 94,070 Eating and drinking places do.... 3,837 2,590 2,575 2,802 2,601 2,760 2,699 2,710 2,699 2,725 2,693 30,504 32,999 Drug and proprietary stores do.... 1,257 1,396 2,125 1,333 1,362 1,458 1,422 1,506 1,479 1,438 17,083 17,461 1,436 Liquor stores do.... 86361 87299 87292 87,961 87,823 86,413 86733 86,572 85,320 87,654 87,277 Estimated sales (seas adj ) total f do 27488 27,725 27,759 28,098 27,810 26,354 26,436 26,206 25,316 26,810 26,958 Durable goods stores ^ .... do. . Building materials, hardware, garden supply, 4,487 4,130 4,173 4,580 4,377 4,313 4,213 4,058 4,046 4,152 4578 and mobile home dealers $ .. mil $ . 2690 2727 2758 2538 2937 2876 2807 2586 2712 Building materials and supply stores do 3074 3045 785 771 781 796 782 789 783 844 794 803 *783 Hardware stores . .. do . 15191 15364 15,451 15,896 15,664 14,506 14,596 14,497 13,677 14,894 15,175 Automotive dealers do . 13,595 13,718 13,728 14,148 13,888 12,806 12,866 12,819 12,083 13,239 13,526 Motor vehicle dealers do.... 1,649 1748 1,678 1,594 1,655 1,723 1,730 1646 1,700 1,776 1596 Auto and home supply stores do 3,776 3,652 3,828 3,508 3,655 3814 3,734 3,864 3781 3,775 3817 Furniture home furn and equip •$• . do 2374 2358 2 112 2 176 2182 2391 2270 2285 2275 2351 2289 Furniture home furnishings stores do 1,173 1,236 1,137 1,187 1.164 1,176 1,202 1,200 1,228 1.246 Household aooliance. radio. TV do.... 1.138 See footnotes at end of tables. 56,947 38 054 87 502 r90,169 '89,798 27 903 '29,273 '29 466 r r '4,308 16,506 r 3,451 '59,599 10,226 r 20,616 '7,819 r 4,038 '8,464 r 2,829 1,410 r 88,294 r 27,984 r r 4,867 17,184 r 3,464 r 60,896 10,772 '21,091 r 8,045 '3,946 '8,947 '2,843 1,479 '90,682 r 29,267 '5,056 16,923 '3,703 '60,332 10,275 '20,981 '8,359 '3,818 '9,054 '2,841 '89,301 '28,037 4,263 '4,482 '4,455 2,966 2829 r 759 833 16,074 17,124 15,944 14,360 15,365 14,076 1,714 1,759 r 3,706 '3,709 '3,692 r 2219 2233 1,192 1,184 S-9 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1982 1981 1981 Annual May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 60,319 r60,310 r61,415 '61,264 11,178 10,833 10,700 10,940 r 9,227 '9,046 8,992 r8,861 r 757 721 760 20,340 r20,555 r20,919 X20 843 18,798 19,026 19,374 19,269 8047 r7,827 r7918 '7976 r 4196 4r017 r 4245 '4200 633 670 619 1599 1r 562 1642 781 700 766 May June DOMESTIC TRADE—Continued RETAIL TRADE—Continued All retail stores t—Continued Estimated sales (seas, adj.)—Continued Nondurable goods stores General merch. group stores Department stores Variety stores .. . mil. $.. .do do.... do . 2 () Food stores . . . do Grocery stores do.... Gasoline service stations do Apparel and accessory stores # do Men's and boys' clothing do.... Women's clothing spec stores furriers do Shoe stores do. Eating and drinking places . . . . . Drug and proprietary stores Liquor stores . . do . do do . Estimated inventories, end of year or month: t Book value (unadjusted), total mil. $.. Durable goods stores # do Building materials and supply stores .. do.... Automotive dealers do Furniture, home furn., and equip do.... Nondurable goods stores # do.... General merch. group stores... ...do.... Department stores do.... Food stores do Apparel and accessory stores do.... Book value (seas, adj.), total do.... Durable goods stores # do Building materials and supply stores .. do.... Automotive dealers do.... Furniture, home furn., and equip ........ do.... Nondurable goods stores # General merch. group stores Department stores Food stores Apparel and accessory stores Firms with 11 or more stores: Estimated sales (unadjusted), total Durable goods stores . Auto and home supply stores . Nondurable goods stores # General merchandise group stores Food stores Grocery stores Apparel and accessory stores Eating places ..... • Drug stores and proprietary stores Estimated sales (sea. adj) total # . Auto and home supply stores Department stores . Variety stores Grocery stores Apparel and accessory stores Women's clothing, spec stores furriers Shoe stores Drug stores and proprietary stores 111,104 52991 9,197 24708 8346 58113 19,811 14,835 12 600 9,041 114,114 53747 9,610 24,488 8,542 do.... do.... do.... do. do.... 60,367 21,810 16,213 12 535 9,388 mil. $.. . do do.... 338,028 25023 3,606 do.... do.... do.... do do.... do do.... do do.... do do do.... 313,005 105,982 115,059 113 630 17,066 18237 16,137 58,873 10523 8,553 740 59,574 10743 8,764 749 59,533 10610 8,632 756 19577 18069 8442 19881 18,337 8468 3929 649 1479 718 19798 18282 8480 4003 652 1512 729 7815 2717 1439 7854 2774 1435 7807 2 777 1449 4013 651 1 511 730 59,863 10743 8,746 756 20131 18,614 8449 4029 656 1 518 720 7813 2797 1459 60,013 10651 8,683 732 60,059 10634 8,645 737 60,297 10,751 8,721 740 60,366 10,774 8,728 738 60,004 10,427 8,672 707 60,844 10,770 8,916 714 20053 18525 8551 20199 18694 8511 20393 18,867 8536 20487 18,950 8521 20213 18,666 8628 20,419 18,778 8382 4035 672 1505 708 3994 678 1459 712 3985 630 1485 702 3984 627 1471 750 3947 568 1534 722 4340 615 1663 792 7989 2791 1462 7999 2802 1458 7935 2801 1*463 7880 2801 1500 7973 2690 1*466 8460 2823 1468 122,236 118,319 119,770 121,401 121,532 124 524 130 334 133 246 122 236 119 899 120 063 57994 56897 57817 58070 56506 56491 58528 59819 57994 57 454 56869 9,390 10,346 10,185 9,936 9894 9*776 9390 9*772 9745 9372 9657 28211 26711 27747 28 134 26094 25759 26 879 27838 28211 28 249 27384 8847 8784 8826 8731 8833 8847 8*663 8605 8*908 9256 9349 64 242 61422 61953 63331 65026 68033 71806 73427 64242 62445 63 194 22,515 22,513 22,899 23,456 24,383 26223 28 405 28746 22515 22 113 22575 16,897 16,934 17,035 17,370 18,050 19,514 21,242 21,730 16,897 16,600 16,882 13825 13020 13012 13 093 13 138 13 446 13 905 14208 13825 13573 13724 9,574 9,198 9,261 9,653 10,089 10525 10,978 11,193 9574 9,249 9,565 125,693 118,191 120,010 121,993 123,341 124,376 125,364 125,618 125,693 124,131 123,395 58835 55560 56764 57865 58545 58761 59014 58907 58835 57807 56957 9,822 10,064 10,015 9,946 9*954 9,881 9,895 9,903 9,638 9,822 9,652 27,987 25,439 26,705 27 718 28 149 28 276 28294 28091 27987 27695 27006 9,074 8,775 8,782 8,784 8,780 8900 9068 9074 8,968 8826 8811 66,858 62,631 63,246 64,128 64,796 65615 66350 66711 66858 66324 66,438 24,821 22 862 23,300 23,702 24,073 24,519 25,188 25,113 24,821 24,666 24,611 18,487 17,122 17,347 17688 17,960 18 375 18899 18798 18 487 18465 18470 13702 13 152 13143 13279 13365 13 568 13 474 13 583 13702 13766 14018 9627 9,952 9,463 9810 9872 9901 9899 10*030 9952 10097 10197 372,443 30,891 30,239 30,489 27216 3,846 345,227 116,115 127,517 125 629 18,798 20125 17,769 2297 324 28,594 9,388 10,858 10710 1,491 1759 1,459 2361 9,210 10421 10276 1,428 1724 1,445 2326 349 28,163 8,711 11,149 10990 1,378 1808 1,452 30 783 317 8224 576 10,358 31389 325 8439 584 10507 31270 326 8325 582 10547 1563 1590 1585 1,472 1,497 1,502 (2) do. .. do do. . do.... 665 349 353 27,878 683 350 675 351 31,053 2274 334 28779 9,505 10708 10555 1,678 1804 1,442 31415 326 8436 589 10738 1569 666 342 1,504 30,017 32,282 2230 2278 342 322 27787 30004 9,041 9,992 10487 11246 10340 11 098 1,631 lj560 1 641 1 755 1,436 1,365 31 412 324 8 363 571 10627 1572 665 336 1,493 31 187 315 8 328 572 10640 1544 651 337 1,501 33310 44,821 27,194 1710 275 30906 41374 25 484 11533 18,270 6,753 10488 12064 10934 10339 11 790 10797 1,729 2,790 1,160 1 690 1 705 1 579 1,477 2,254 1,394 31391 31827 31 311 313 320 329 8374 8407 8330 580 550 578 10725 10 927 10733 1567 1591 1598 655 655 674 337 366 358 1,488 1,503 1,489 2404 321 3447 345 8329 2880 1495 r 30,277 1 718 r2115 r 259 323 24420 r28 162 r 8,715 6,814 10086 10 923 9929 10 779 1,137 1,477 1 512 1 750 1,374 1,524 31951 *32044 r 337 339 8539 r8668 563 598 10863 10 910 1710 1664 718 697 r 368 365 1,561 1,611 8 570 2892 1506 X 8664 12935 231 63 231 81 2852 1519 123 374 123 533 1-57 842 57700 r 9795 9942 r 28 097 27599 r 8646 8 630 T 65 532 65 833 r 24,016 24486 18,025 18,455 13 907 13 879 10*054 9*972 123,332 123,171 r 56 803 56 583 r 9*500 9*560 r 26691 27 068 r 8,708 8620 66588 '66,529 r 24,689 24,696 18 506 18529 13 824 13865 10 301 10228 26,138 r r r 8364 r • 31,445 2227 352 29218 9,397 11220 11 050 1,663 1 805 1,561 31877 329 8510 589 11006 1 611 672 340 1,574 LABOR FORCE, EMPLOYMENT, AND EARNINGS POPULATION OF THE UNITED STATES Total, incl. armed forces overseas $ . mil LABOR FORCE Not Seasonally Adjusted Labor force, total, persons 16 years of age and over thous Armed forces do Civilian labor force, total do.... Employed do Unemployed do Seasonally Adjusted 1J Civilian labor force, total . . . . . . . . . do Participation rate * percent.. Employed total . . thous Employment-population ratio * ......percentAgriculture thous Nonagriculture ... do Unemployed, total ... . . . . Long term, 15 weeks and over See footnotes at end of tables. do do.... 3 3 109 042 2102 106,940 99303 7637 110 812 110 713 112 035 112 881 112 259 110 438 111 402 111 337 110 738 110 173 110? 492 110 936 110 990 112 089 113 742 2 173 2142 2 160 2127 2 131 2 139 2 165 2*158 2*158 2 164 2 159 2 168 2 175 2 176 2 175 108,670 108,586 109,904 110,742 110,099 108,273 109*,244 109479 108,574 108,014 108,324 108,761 108J814 109,914 111,569 100 397 100 855 101 419 102 612 102 152 100 389 101 028 100 502 99562 97 831 97946 98471 98 858 99 957 100 683 8273 7731 8485 8 130 7947 7884 8216 8676 9 013 10 183 10 378 10 290 9 957 9 957 10*886 227 66 229 80 63.8 63.9 58.5 3364 95938 58.3 3368 97030 1,871 2,285 22944 22962 22980 23003 23026 23048 230 67 230 84 23i oi 231 17 231 31 231 4g 109 293 108 434 108,688 108,818 108 494 109 012 109 272 109 184 108 879 109 165 109 346 109 648 110 666 110 191 63.9 64.4 63.8 63.8 638 639 63.6 638 635 637 637 638 643 640 101 045 100 430 100 864 100 840 100 258 100 343 100 172 99613 99581 99590 99492 99340 100 117 99 764 58.3 58.5 58.8 58.4 58.0 58.0 57.9 57.5 57.1 57.4 57.3 57.2 57.5 57.2 3405 3342 3404 3348 3358 3378 3 209 3373 3372 3 411 3309 3488 3349 3 357 97640 97082 97,522 97,436 96*900 96965 96800 96404 96 170 96217 96 144 96032 96629 96406 82^-8 7,824 8,004 7,978 8236 8669 9100 9571 9298 9 575 9 854 10 307 10 549 10427 2,170 2,217 2,231 2,363 2,292 2*.364 2,248 2*372 2,954 2,399 2*724 3,015 3,286 3,673 S-10 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual July 1982 1982 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued LABOR FORCE—Continued Seasonally Adjusted H Civilian labor force—Continued Unemployed—Continued Rates (unemployed in each group as percent of civilian labor force in the group): All civilian workers Men 20 years and over .. Women 20 years and over Both sexes, 16-19 years White Black and other Married men spouse present Married women, spouse present Women who maintain families Occupation: White-collar workers Blue-collar workers Industry of last job (nonagricultural): Private wage and salary workers Construction Manufacturing Durable goods EMPLOYMENT f Employees on payrolls of nonagricultural estab.: Total, not adjusted for seasonal variation -.thous.. Private sector (excl. government) do.— 7.1 59 6.4 17.8 63 13 1 42 5.8 92 7.6 63 6.8 19.6 6.7 142 4.3 6.0 104 7.5 63 67 19.4 6.7 137 40 5.8 104 7.4 61 66 19.2 6.4 142 42 5.7 107 7.2 58 67 18.7 6.3 138 39 5.7 112 7.3 60 6.6 19.0 6.2 147 4.0 5.5 101 76 62 69 19.7 66 148 44 6.0 107 8.0 67 7.0 20.4 7.0 152 4.8 6.1 10.6 8.3 71 72 21.4 7.4 152 5.2 6.5 108 8.8 7.9 7.4 21.5 7.7 157 5.7 6.6 10.5 8.5 75 7.2 21.7 7.5 15.1 5.3 6.2 10.4 8.8 76 7.6 22.3 7.7 15.9 5.3 7.0 10.2 9.0 7.9 7.9 21.9 7.9 16.6 5.5 7.1 10.6 9.4 8.2 8.3 23.0 8.4 16.9 6.0 7.8 11.5 9.5 8.4 8.3 23.1 8.5 17.2 6.1 7.4 11.8 9.5 8.7 8.1 22.3 8.4 17.1 6.5 7.0 12.4 3.7 100 4.0 103 4.0 99 3.9 98 4.0 9.5 3.9 95 4.1 102 4.1 10.9 4.2 118 4.5 12.7 4.2 12.5 4.6 12.5 4.8 12.9 4.9 13.7 4.8 13.5 5.0 13.9 74 141 8.5 90 77 156 8.3 82 77 157 7.8 74 74 161 7.4 71 72 15.2 7.3 71 73 16.2 7.0 6.5 77 16.3 7.9 77 81 17.6 8.6 8.6 84 17.8 9.4 9.5 9.1 18.1 11.0 11.8 8.8 18.7 10.4 110 9.0 18.1 10.6 11.3 9.5 17.9 10.8 10.8 9.9 19.4 11.8 11.9 9.9 18.8 11.6 12.2 10.0 19.2 12.3 13.2 90,406 74,165 91,105 75,081 91,432 75,044 92,056 75,888 91,107 75,773 91,087 75,990 91,620 76,091 91,884 75,884 91,765 75,628 91,437 75,329 89,269 73,407 89,413 73,328 89,679 r89,984 r'90,440 "90,741 73,503 '73,830 74,292 "74,686 90,406 74165 53,880 25,658 1,027 4,346 20285 12,187 690 465 662 1 142 1,613 2494 2,090 1,899 711 418 8,098 1708 68 847 1,263 692 1,252 1,107 197 726 232 91,105 75081 54,908 25 481 1,132 4,176 91,131 75,053 54,721 25540 985 4,223 91,286 75266 54,932 25,656 1,137 4,185 91,396 75432 55,053 25,718 1,164 4,175 91,322 75428 55,117 25637 1,180 4,146 91,363 75459 55,192 25583 1,192 4,124 90,996 75,088 55,185 25,176 1,202 4,071 90,459 74,609 55,155 24,631 1,203 3,974 20332 12,237 694 473 646 1,137 1,613 2,506 2,101 1,930 726 411 20379 12,266 683 476 644 1 132 1,617 2527 2,112 1,925 731 419 19,454 11,575 611 449 596 1,024 1,505 2,446 2,048 1,778 718 400 7,952 1,661 68 794 1,222 677 1,276 1,100 214 716 224 7,895 1,657 69 780 1,201 674 1,275 1,095 210 712 222 7,879 1,663 68 777 1,201 670 1,276 1,093 208 708 215 65,591 5,158 20,543 5,361 15,182 5,295 18,517 16,078 2776 13,302 8,113 1678 ' 70 835 1,255 691 1,268 1,110 217 750 239 65,678 5,168 20,620 5,375 15245 5311 18,615 15,964 2775 13,189 20311 12,228 671 475 643 1 134 1,610 2532 2,116 1,901 734 412 8,083 1659 70 829 1,253 691 1,271 1,107 216 752 235 65,685 5,168 20,650 5,387 15,263 5,319 18,654 15,894 2,769 13,125 19,517 11,622 607 452 596 1,038 1,515 2,459 2,055 1,777 720 403 64,748 5,146 20310 5,275 15035 5160 17,890 16,241 2866 13,375 20 334 12,246 685 474 644 1 137 1,611 2516 2,104 1,938 726 411 8,088 1673 71 830 1,251 690 1,263 1,111 217 747 235 65630 5,162 20,590 5,366 15,224 5,302 18,556 16,020 2777 13,243 90,642 74,725 55,049 24,908 1,206 4,026 19,676 11,724 615 457 610 1,053 1,529 2,486 2,049 1,791 725 409 90,460 74,596 55,079 24,684 1,201 20173 12,117 668 467 638 1 121 1,592 2507 2,092 1,892 726 410 8,056 1674 69 822 1,244 687 1,265 1,107 215 736 233 65,625 5,157 20551 5,359 15,192 5301 18,592 16,024 2772 13,253 91,224 75307 55,210 25,393 1,195 4,101 20,267 20,097 12,184 12,059 643 661 473 469 629 638 1 125 1 104 1,577 1,604 2532 2539 2,101 2,113 1,861 1,884 731 734 412 413 8,038 8,083 1662 1658 69 69 814 827 1,243 1,253 685 695 1,276 1,274 1,107 1,110 215 216 734 746 233 235 65,780 5,181 20,660 5,383 15,277 5,328 18,707 15,904 2,764 13,140 65,831 5,162 20,654 5,380 15,274 5,325 18,773 15,917 2,757 13,160 65,820 5,150 20,623 5,375 15,248 5,324 18,815 15,908 2,749 13,159 65,734 5,128 20,524 5,357 15,167 5,331 18,834 15,917 2,756 13,161 65,776 5,125 20,630 5,346 15,284 5,326 18,831 15,864 2,741 13,123 65,828 5,115 20,670 5,343 15,327 5,326 18,867 15,850 2,737 13,113 90,304 rr90,083 r90,151 '90,010 74,445 74,231 '74,309 "74,093 '55,195 "55,122 55,126 '55,062 24,450 r24,289 '24,262 "24,053 "1,130 1,197 r 1,182 1,154 3,938 r3,994 "3,952 3,934 19,319 19,169 19,114 "18,971 11,337 p 11,254 11,490 11,375 r '618 615 "623 607 443 '443 "445 446 '587 "581 584 590 r '946 976 "934 1,007 1,473 "1,462 1,496 1,481 '2,378 "2,339 2,419 '2,389 r 2,034 '2,033 "2,029 2,038 1,756 "1,747 1,774 1,748 713 714 "708 716 '389 397 '392 "386 7,794 '7,777 "7,717 7,829 1,643 1,649 "1,634 1,658 67 67 "67 68 r '758 773 "736 760 1,164 "1,159 1,186 1,165 664 '661 "659 668 1,274 "1,267 1,278 1,274 1,078 "1,074 1,088 1,082 r 207 '206 "206 206 '706 '708 "704 703 "211 214 '212 213 r '65,889 "65,957 65,854 65,794 5,100 r5,094 '5,101 "5,076 20,655 r20,584 '20,658 "20,643 5,336 '5,323 '5,326 "5,302 15,319 15,261 15,332 "15,341 5,336 '5,335 '5,340 "5,349 18,904 18,929 18,948 "18,972 15,859 15,852 15,842 "15,917 2,730 '2,734 "2,724 2,736 13,123 13,122 13,108 "13,193 60,331 14,214 60,881 14,021 60,894 14,141 61,600 14,267 61,456 14,043 61,645 14,153 61,776 14,304 61,585 14,079 61,311 13,834 61,007 13,515 59,135 13,200 59,094 13,168 59,257 r59,562 '60,032 "60,417 13,093 12,971 12,964 "13,016 60,331 18442 762 3,421 14214 8,442 577 375 513 877 1,195 1,602 1,328 1,233 425 313 60,881 18245 832 3,250 14 021 8,301 555 376 491 860 1,172 1,585 1,311 1,215 428 304 60,890 18201 '717 3,294 14190 8,428 580 382 498 876 1,193 1,589 1,325 1,252 429 304 61,046 18267 837 3,253 14,177 8,427 572 383 497 876 1,190 1,596 1,325 1,255 429 304 61,193 18313 856 3,245 14,212 8,439 570 385 496 872 1,196 1,601 1,331 1,244 432 312 61,168 18,224 869 3,219 14,136 8,389 558 383 496 871 1,188 1,607 1,331 1,219 431 305 61,180 18164 876 3,201 14,087 8,345 549 381 492 865 1,182 1,606 1,327 1,206 431 306 61,017 17,972 877 3,180 13,915 8,218 531 376 484 843 1,156 1,598 1,314 1,184 428 304 60,775 17,754 882 3,155 13,717 8,061 516 369 475 821 1,133 1,576 1,285 1,159 424 303 60,401 17,478 883 3,107 13,488 7,885 503 364 465 795 1,110 1,552 1,257 1,115 423 301 60,248 17,251 875 3,035 13,341 7,793 497 359 452 780 1,096 1,526 1,266 1,102 420 295 60,282 17,225 876 3,059 13,290 7,759 502 356 452 770 1,089 1,514 1,258 1,108 418 292 60,132 '59,923 '60,030 P59,888 16,932 "16,789 17,073 16,922 r 863 '840 "812 871 3,023 '3,017 '3,078 "3,043 13,179 13,042 13,014 "12,934 '7,557 "7,518 7,685 '7,576 r 507 "515 '508 497 '350 350 "352 353 "440 444 446 441 r "696 727 '703 756 1,064 "1,056 1,081 1,069 1,454 "1,425 1,490 1,460 "1,241 1,239 1,248 1,241 "1,100 1,100 1,109 1,086 "412 '412 415 411 "281 284 '283 290 Seasonally Adjusted t Total employees, nonagricultural payrolls Private sector (excl government) ... ... . Nonmaniifacturing industries Goods-producing .. .. Mining Construction Manufacturing Durable goods Lumber and wood products. do— do ... do.do . . do.... do.... do. . do.— do Stone, clay and glass products Primary metal industries Fabricated metal products Machinery except electrical . Electric and electronic equipment Transportation equipment Instruments and related products Miscellaneous manufacturing do— do do— do do— do— do.... do— Nondurable goods Food and kindred products Tobacco manufactures Textile mill products Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products Petroleum and coal products Rubber and plastics products, nee Leather and leather products do.... do. . do... do— do— do— do.... do,... do— do.... do— Service-producing ., do.. Transportation and public utilities do— Wholesale and retail trade do Wholesale trade . do Retail trade . . do Finance insurance and real estate do Services do.... Government ... . do Federal do State and local do .. Production or nonsupervisory workers on private nonagric, payrolls, not seas, adjusted thous.. Manufacturing doSeasonally Adjusted t Production or nonsupervisory workers on private nonagricultural payrolls "j" ..thous.. Goods-producing do Mining .. .... ... do . Construction doManufacturing do Durable goods . do.... Lumber and wood products do.... Furniture and fixtures do— Stone, clay, and glass products do— Primary metal industries do... Fabricated metal products do... Machinery, except electrical do... Electric and electronic equipment doTransportation equipment do... Instruments and related products doMiscellaneous manufacturing do... See footnotes at end of tables. 8,095 1689 70 828 1,250 690 1,262 1,109 217 745 235 19,903 11,901 628 462 620 1082 1,553 2,511 2,077 1,830 727 411 8,002 1664 69 804 1,235 681 1,276 1,103 215 725 230 S-ll SUEVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual 1982 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Mar. Feb. Apr. May June LABOR FORGE, EMPLOYMENT, AND EARNINGS—Continued EMPLOYMENT f— Continued Seasonally Adjusted f Production or nonsupervisory workers—Continued Nondurable goods thous 5,772 Food and kindred products do.. 1,174 Tobacco manufactures do.. 53 Textile mill products do 736 Apparel and other textile products do.. 1,079 Paper and allied products do.. 522 Printing and publishing .. do 698 Chemicals and allied products do.. 625 Petroleum and coal products do.. 124 Rubber and plastics products, nee do.. 559 Leather and leather products do.. 196 Service-producing . do 42,015 Transportation and public utilities do 4,293 Wholesale and retail trade - „. do 17,812 Wholesale trade do.. 4,312 Retail trade . . . . do 13,500 Finance, insurance, and real estate. .. do 3,907 Services do 15,921 AVERAGE HOURS PER WEEK f Seasonally Adjusted Avg. weekly hours per worker on private nonagric. payrolls: U.Nbt seasonally adjusted hours. . 35.3 Seasonally adjusted do... Mining $ ,....,.,.,.,. ..,,. .. . do... "'*43.3 Construction $ .. do 37.0 Manufacturing: Not seasonally adjusted do39.7 Seasonally adjusted . do 2.8 40.1 Overtime hours do 2.8 Lumber and wood products...... do.... 38.5 Furniture and fixtures do.... 38.1 Stone, clay and glass products do 40.8 Primary metal industries do.... 40.1 Fabricated metal products., do.... 40.4 Machinery, except electrical do.... 41.0 Electric and electronic equipment .; do.... 39.8 Transportation equipment do.... 40.6 Instruments and related products do.... 40.5 Miscellaneous manufacturing do.... 38.7 Nondurable goods do 39.0 Overtime hours do ... 2.8 Food and kindred products ..,..., do.... 39.7 Tobacco manufactures $..., do 38.1 Textile mill products do 40.1 Apparel and other textile products do.... 35.4 Paper and allied products . ... do 42.2 Printing and publishing do.... 37.1 Chemicals and allied products do.... 41.5 Petroleum and coal products do.... 41.8 Rubber and plastics products, nee do.... 40.0 Leather and leather products do.... 36.7 Transportation and public utilities $ do.... 39.6 Wholesale and retail trade do 32.2 Wholesale trade , ..... . do 38.5 Retail trade do.... 30.2 Finance, insurance and real-estate $ ..... do 36.2 Services , ..„...„ do.. 32.6 AGGREGATE EMPLOYEE-HOURS f Seasonally Adjusted Employee-hours, wage & salary workers in nonagric. establish, for 1 week in the month, seas adj. at annual rate bil. hours169.41 Total private sector .. do 137.57 Mining do 2.32 Construction „„.„„..„.,,., .............. do8.36 Manufacturing .. .. do 41.91 Transportation and public utilities do.... 10.61 Wholesale and retail trade ...,,... do.. 34.17 Finance, insurance, and real estate do..,. 9.74 Services .. do 30.45 Government ....,,,.,„.,..,...,,,, do..,. 31.84 Indexes of employee-hours (aggregate weekly): U Private nonagric. payrolls, total 1977=100.. 107.2 Goods-producine1 do 102.4 Mining , „.,.... ... do. .. 122.6 Construction do 115.0 Manufacturing .. ... do . 98.9 Durable goods do... 99.5 Nondurable goods .. do 98.1 Service-producing , ., do. 109.8 Transportation and public utilities do.... 106.3 Wholesale and retail trade do.... 105.5 Wholesale trade . .. do. 110.3 Retail trade do.... 103.7 Finance, insurance, and real estate.... do.... 114.5 Services do..., 115.0 See footnotes at end of tables. 5,721 1,150 54 712 1,059 518 698 627 134 569 197 42,964 4,277 17,960 4,360 13,600 4,002 16,539 5,762 1,164 55 718 1,065 520 697 630 138 577 198 42,689 4,279 17,934 4364 13,570 4,000 16,476 5,750 1,148 55 719 1,066 520 697 631 136 580 198 42,779 4,282 17,981 4,366 13,615 4,005 16,511 5,773 1,154 55 724 1,069 521 698 630 136 584 202 42,880 4,285 18,026 4,376 13,650 4,010 16,559 5,747 1,139 55 718 1,066 520 699 630 134 586 200 42,944 4,285 18,049 4,381 13,668 4,018 16,592 5,742 1,137 54 717 1,066 525 701 629 134 580 199 43,016 4,295 18,059 4,376 13,683 4,023 16,639 5,697 1,142 54 704 1,056 515 702 625 133 568 198 43,045 4,275 18,053 4,373 13,680 4,019 16,698 35.2 35.2 35.4 43.9 37.0 35.4 35.2 42.3 37.2 35.6 35.3 43.6 37.8 35.6 35.2 44.2 37.4 35.1 35.0 43.9 35.8 35.2 35.1 44.5 37.6 40.1 40.2 3.1 40.7 3.1 39.6 38.8 40.9 41.1 40.8 41.4 40.3 41.6 40.4 39.1 39.4 3,0 39.7 38.7 40.2 35.9 42.8 37.4 41.6 43.8 41.1 37.0 39.3 32.2 38.6 30.2 36.1 32.7 40.2 40.1 3.0 40.5 3.0 38.9 38.8 40.7 40.9 40.6 41.1 40.2 41.4 40.4 39.0 39.4 2.9 39.7 38.5 40.1 35.9 42.7 37.4 41.7 43.4 40.9 37.1 39.7 32.1 38.5 30.0 36.1 32.5 39.6 40.0 3.0 40.5 3.0 38.7 38.6 40.8 40.7 40.5 41,2 40.4 41.2 40.5 39.0 39.2 2.9 39.5 38.6 40.1 35.8 42.7 37.3 41.7 43.1 40.5 36.4 39.7 32.2 38.6 30.1 36.3 32.6 39.9 39.9 3.0 40.4 3.0 38.4 38.4 40.7 40.8 40.4 41.1 40.3 41.2 40.6 38.9 39.2 2.9 39.4 40.7 39.8 35.9 42.5 37.3 41.7 42.9 40.5 36.7 39.5 32,2 38.6 30.1 36.4 32.5 39.5 39 4 2.7 39.7 2.7 37.6 37.4 40.3 40.6 39.6 40.3 39.7 40.1 40.4 38.4 38.9 2.8 39.3 40.2 38.8 35.2 43.0 37.1 42.2 43.1 39.7 36.2 39.2 32.1 38.5 30.1 36.0 32.5 39.7 39.5 2.7 40.0 2.6 37.8 38.0 40.1 40.0 40.0 40.8 39.8 40.6 36i9 39.8 2.8 40.2 2.8 38.7 38.4 40.6 40.5 40.3 40.9 39.9 40.9 40.4 38.8 39.1 2.8 39.7 38.8 39.6 35.7 42.5 37.3 41.6 43.2 40.3 36.8 39.4 32.2 38.6 30.1 36.3 32.6 5,603 1,140 53 683 1,036 506 700 616 131 548 190 42,923 4 241 17,920 4,348 13,572 4,014 16,748 5,548 1,135 54 670 1,018 504 699 612 125 544 187 42,997 4241 18,011 4,332 13,679 4,007 16,738 5,531 1,142 53 667 1,018 501 699 609 124 538 180 43,057 4,232 18,061 4,327 13,734 4,003 35.1 . 35.1 44.4 37.1 35.2 35.0 44.8 97 1 33.9 34.4 42.9 33.3 34.8 35.0 43.6 35.9 38.9 38.9 2.8 39.5 39.4 39.0 35.5 42.4 37.1 41.5 42.2 39,9 36.7 39.1 32.0 38,4 29.9 36.2 32.6 39.7 39.3 2.5 39.7 24 37.7 37.6 40.1 39.6 39.7 40.7 39.4 40.4 40.2 39.0 38.7 2.7 39.5 38.8 38.7 35.5 42.0 37.1 41.2 42.5 39.6 36.5 39.2 32.1 38.5 30.0 36.2 32.6 39.9 39.1 24 39.5 2.3 37.7 37.9 39.7 39.2 39.5 40.4 39.5 39.7 39.0 38.5 38.6 2.6 39.8 38.1 37.8 35.1 41.8 37.1 41.3 42.7 39.4 36.1 39.3 32.0 38.4 29.9 36.2 32.6 37.1 37.6 2.3 38.2 2.2 35.0 33.6 38.6 38.3 38.1 39.3 38.3 39.0 39.0 37.3 36.8 2.5 39.1 36.1 32.3 31.4 41.3 36.9 41.0 44.3 37.9 34.1 38.5 31.7 38.1 29.7 36.2 32.5 39.2 39.4 2.4 39.8 2.2 37.9 37.7 40.1 39.4 39.7 40.7 39.8 40.5 39.9 38.6 38.9 2.6 40.2 38.3 38.3 35.5 42.3 37.4 41.2 43.5 40.0 35.6 39.2 32.0 38.5 29.9 36.2 32.6 , 40;3 5,656 1,144 54 693 1,049 51 700 62 132 557 195 43,021 4,261 18,016 4,367 13,649 4,013 16,731 5,494 '5,466 1,138 1,125 53 52 65 '662 1,006 '987 499 '496 701 698 609 '602 124 123 534 '541 179 180 43,059 '43 001 4,217 '4,209 18,051 17,996 4,317 '4,301 13,734 13,695 4,004 '3,99* 16,787 34.7 34.9 43.8 37.0 34.6 34.9 42.7 '36.7 '34.8 '34.9 42.5 37.5 39.1 39.0 2.3 39.5 2.2 37.6 37.3 40.0 38.8 39.5 40.2 39.4 40.4 39.9 38.6 38.5 2.5 39.5 37.3 37.6 35.0 41.8 37.1 40.7 43.5 39.6 35.8 39.0 31.9 38.4 29.8 36.3 32.6 38.7 39.0 2.4 39.5 2.2 37.6 37.4 '40.0 '38.5 39.4 40.1 39.3 41.1 39.9 '38.5 38.4 2.6 39.4 '36.6 '37.7 34.7 42.1 37.1 40.7 r 44.0 39.8 '35.6 '38.8 31.8 38.3 29.8 36.2 32.7 39.0 qq i 2^5 39.3 '36.9 '37.9 34.8 41.8 '36.9 '41.0 '44.0 '39.9 '35.9 '38.9 '32.0 '38.5 '30.0 '36.3 '32.6 167.40 136.02 2.66 7.37 38.98 10.39 34.33 10.04 32.25 31.38 167.73 136.40 2.56 7.53 39.01 10.32 34.59 10.15 32.24 31.32 105.2 105.6 '93.3 134.1 104.6 '89.2 '87.7 91.4 112.4 103.0 106.5 110.2 105.1 117.9 169.98 139.06 2.58 8.01 41.71 10.57 34.54 10.00 31.65 30.91 170.66 139.15 2.26 8.05 42.26 10.57 34.47 10.00 31.54 31.52 170.08 138.64 2.46 7.81 41.96 10.60 34.39 9.98 31.43 31.44 170.24 139.20 2.61 7.90 42.06 10.59 34.52 10.02 31.51 31.04 170.42 139.36 2.68 7.82 42.03 10.52 34.70 10.05 31.56 31.06 167.03 138.80 2.66 7.54 41.58 10.56 34.76 10.02 31.68 28.22 169.74 139.13 2.72 7.85 41.46 10.54 34.63 10.03 31.90 30.62 169.21 139.03 2,78 7.98 40.96 10.55 34.62 10.05 32.09 30.18 169.13 137.95 2.86 7.88 40.35 10.45 34.26 10.06 32.09 31.18 166.42 137.10 2.81 7.42 39.69 10.55 34.33 10.04 32.25 29.32 169.67 138.50 2.82 7.82 40.26 10.47 34.72 10.05 3L16 168.58 137.17 2.78 7.67 39.55 10,42 34.41 10.08 32.26 31.41 108.0 100.9 134.5 108.9 97.8 98.0 97.6 111.9 105.1 106.5 111.7 104.5 117.4 119.3 108.5 102.3 118.2 110.5 100.0 100.8 98.9 111.9 105.6 106.5 112.0 104.3 117.3 119.2 108.2 102.1 131.7 107.6 99.6 100.3 98.6 111.6 105.7 106.1 111.7 104.0 117.2 118.7 108.8 102.6 140.4 108.8 99.7 100.3 98.6 112.1 105,8 106.7 112.3 104.6 117.6 119.4 108.5 102.0 142.9 107.4 99.0 99.6 98.1 112.1 105.2 106.9 112.4 104.8 117.9 119.3 107.8 99.8 142.7 102.4 97.3 97.4 97.2 112.2 105.2 106.8 112.2 104.9 117.4 119.fi 107.7 99.7 143.9 106.1 96.4 96.4 96.5 112.1 104.2 106.2 111.8 104.4 117.6 1204 107.3 98.4 145.0 106.9 94.6 94.0 95.4 112.2 104.4 106.3 111.8 104.3 117.4 19,0fi 106.3 96.3 145.5 104.2 92.5 91.4 94.1 111.8 103.6 105.4 111.0 103.3 117.4 104.3 91.4 141.6 96.8 88.0 87.3 89.0 111.4 102.8 105,2 109.7 103.4 116.8 105.6 93.9 142.6 101.1 90.3 89.1 92.0 112.0 103.3 105.9 110.2 104.2 117.1 19.0« 1 90 .9 106.2 95.6 143.7 102.9 91.9 90.6 93.8 112.1 103.7 106.3 110.7 104.6 116.8 19OQ '5,457 P5,416 1,130 52 '"52 P '650 631 P '985 982 P '494 490 P 699 696 P '601 601 P 124 126 r P 544 543 P 178 177 '43,098 "43,099 '4,215 P4,192 18,069 P18,066 '4,306 P4,285 13,763 P13,781 '3,998 P P4,012 16,816 16,829 191 1 '13BA 100.9 '89.3 '87.8 91.5 111.9 102.8 105.5 103!9 117.0 H91 K "35,0 34.8 "42.0 P 37.4 P P 39.2 39.1 "2.4 P '2.3 '39.5 '2.2 '38.4 '37.5 40.2 '38.5 '39.5 '39.7 '39.4 '41.0 '40.1 '38.7 P 39.6 "2.3 37.7 P 37.5 P 40.3 "39.1 P 39.4 P 39.6 "39.4 P 41.5 P 39.8 P 38.6 P P ri91 9 38.5 "2.4 39.6 P 37.6 P 37.8 P 34.8 D "41.7 37.1 "40.9 P 44.5 P 40.0 P 35.7 P P 39.0 31.9 38.7 P 29.8 P 36.1 P 32.6 P P P 105.0 P 92.1 "126.9 "101.2 "88.8 "87.3 P 90.9 P 112.0 P 101.6 "106.1 P 110.2 "104.6 "117.4 P191 A S-12 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 July 1982 1982 1981 Annual May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. May Apr. June LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued HOURLY AND WEEKLY EARNINGS t Average hourly earnings per worker: H Not seasonally adjusted; Private nonagric payrolls Mining .. Construction ,. , Manufacturing . Excluding overtime Durable goods , Excluding overtime Lumber and wood products Furniture and fixtures Stone, clay, and glass products. Primary metal industries...... Fabricated metal products Machinery, except electrical Electric and electronic equipment Transportation equipment Instruments and related products Miscellaneous manufacturing dollars do. do.... do. do. do.... do..,. do.... do.... ,- do.... do.... do.,,. -.. do.... .... do.... do.,.. .... do.... do.... 6.66 9.17 9.94 7.27 7.02 7,75 7.49 6.55 5.49 7.50 9.77 7.45 8.00 6.94 9.35 6.80 5.46 7.25 10.05 10.80 7.99 7.72 8.53 8.25 7.00 5.91 8,27 10.81 8.20 8.81 7.62 10.39 7.43 5.96 7.17 9.68 10.57 7.92 7.64 8.47 8.17 6.92 5.84 8.20 10.68 8.16 8.73 7.51 10.33 7.30 5.92 7.20 9.93 10.64 7.97 7.69 8.54 8.23 7.09 5.90 8.31 10.75 8.23 8.79 7.56 10.45 7.33 5.92 7.24 10.09 10.79 8.02 7.75 8.57 8.28 7.15 5.92 8.40 10.78 8.21 8.83 7.65 10.44 7.43 5.97 7.30 10.12 10.92 8.03 7.74 8.59 8.29 7.13 5.99 8.41 10.99 8.26 8.84 7.73 10.37 7.55 5.96 7.40 10.27 11.07 8.16 7.87 8.70 8.41 7.16 6.01 8.53 11.22 8.33 8.96 7.75 10.49 7.59 6.05 7.42 10.25 11.16 8.16 7.89 8.73 8.44 7.10 6.06 8.50 10.97 8.39 9.04 7.80 10.74 7.60 6.05 7.47 10.39 11.18 8.20 7.94 8.77 8.50 7.16 6.05 8.54 11.10 8.42 9.08 7.83 10,74 7.68 6.11 7.45 10.41 11.26 8.27 8.00 8.83 8.55 7.16 6.12 8.56 11.08 8.53 9.18 7.90 10.76 7.81 6.19 7.55 10.65 11.59 8.42 8.17 8.92 8.68 7.38 6.28 8.70 11.23 8.55 9.19 7.98 10.79 7.93 6.27 7.54 10.62 11.32 8.34 8.10 8.89 8.65 7.27 6.19 8.62 11.20 8.57 9.20 7.96 10.82 7.94 6.29 7.55 10.62 11.33 8.37 8.13 8.91 8.68 7.28 6.21 8.65 11.15 8.64 9.18 8.01 10.89 8.00 6.32 '7.63 '7.58 10.65 10.68 11.32 11.44 r 8.45 8.42 '8.19 , '8.22 r '9.02 8.94 r 8.72 '8.78 r r 7.24 7.40 '6.26 '6.21 8.72 '8.80 11.24 11.23 '8.79 8.69 r 9.24 '9.28 8.03 '8.06 11.09 10.89 '8.07 '8.19 '6.35 '6.38 Nondurable goods .. do Excluding overtime do.... Food and kindred products , do.... Tobacco manufactures,, , do.... Textile mill products , . do.... Apparel and other textile products .. do..., Paper and allied products , do.... Printing and publishing do ... Chemicals and allied products... do.... Petroleum and coal products do.... Rubber and plastics products, nee .... do.... Leather and leather products do.... Transportation and public utilities do.... Wholesale and retail trade do.... Wholesale trade . . do... Retail trade , do.... Finance, insurance, and real estate do.... Services , . . . . ... do,. 6.55 6.32 6.85 7.74 5.07 4.56 7.84 7.53 8.30 10.10 6.52 4.58 8.87 5.48 6.96 4.88 5.79 5.85 7.18 6.93 7.43 8.88 5.52 4.96 8.60 8.18 9.12 , 11.38 7.16 4.99 9.70 5.93 7.57 5.25 6.31 6.41 7.10 6.85 7.41 9.06 5.40 4.96 8.42 8.08 8.99 11.30 7.13 4.96 9.57 5.89 7.49 5.22 6.25 6.34 7.13 6.87 7.41 9.35 5.41 4.97 8.54 8.11 9.07 11.31 7.14 4.98 9.61 5.88 7.49 5.22 6.25 6.33 7.22 6.97 7.45 9.46 5.50 4.92 8.73 8.20 9.16 11.43 7.18 4.97 9.67 5.91 7.58 5.24 6.28 6,34 7.23 6.96 7.48 8.70 5.65 4.96 8.67 8.25 9.19 11.32 7.23 4.97 9.87 5.94 7.65 5.25 6.38 6.41 7.36 7.08 7.56 8.76 5.69 5.04 8.95 8.37 9.38 11.55 7.29 5.09 9.95 6.04 7.70 5.37 6,39 6.52 7.33 7.07 7.51 8.67 5.72 5.05 8.82 8.40 9.37 11.47 7.30 5.09 9.94 6.01 7.73 5.29 6.43 6.58 7.38 7.12 7.61 9.04 5.73 5.04 8.89 8.42 9.42 11.58 7.31 5.11 10.05 6.04 7.79 5.32 6.52 6.67 7.44 7.20 7.67 8.96 5.72 5.04 8.96 8.48 9.53 11.59 7.38 5.15 10.06 6.02 7.81 5.31 6.47 6.66 7.67 7.42 7.82 9.21 5.76 5.18 9.06 8.58 9.68 11.91 7.51 5.19 10.10 6.17 7.94 5.43 6.56 6.79 7.54 7.31 7.74 9,56 5.76 5.13 8.99 8.56 9.68 12.29 7.49 5.22 10.13 6.16 7.94 5.42 6.62 6.79 7.57 7.34 7.79 9.72 5.76 5.15 9.03 8.59 9.71 12.32 7.45 5.24 10.07 6.16 7.93 5.43 6.59 6.77 7.65 '7.43 7.90 10.05 5.79 5.18 r 9.11 r 8.59 r 9.81 12.50 r 7.52 r 5.32 10.14 6.18 r 7,97 5.44 r 6.64 6.81 7.64 '7.42 '7.90 '9.90 '5.79 5.15 '9.14 '8.60 '9.82 12.44 7.53 '5.28 10.18 '6.20 '8.03 '5.47 '6.76 6.84 "7.62 10.74 "11.42 "8.51 "8.26 "9.07 "8.82 "7.50 "6.30 "8.88 P 11.34 "8.82 "9.34 "8.09 "11.19 "8.18 '6.42 "7.70 "7,46 "7.89 10.47 "5.79 P 5.16 "9.23 "8.67 "9.95 "12.49 "7.63 "5.31 "10.21 "6.19 "7,99 "5.47 "6.68 "6.80 6.66 9.17 9.94 7.27 8.87 5.48 5.79 5.85 7.25 10.05 10.80 7.99 9.70 5.93 6.31 6.41 7.19 9.68 10.64 7.94 9.64 5.89 6.25 6.34 7.23 9.93 10.73 7.99 9.70 5.91 6.25 6.39 7.27 10.09 10.82 8.03 9.68 5.94 6.28 6.42 7.34 10.12 10.90 8.09 9.84 5.98 6.38 6.51 7.37 10.27 10.95 8.14 9.86 6.03 6.39 6.54 7.40 10.25 11.06 8.16 9.89 6.03 6.43 6.58 7.45 10.39 11.14 8.20 9.97 6.06 6.52 6.63 7.46 10.41 11.22 8.20 10.02 6.08 6.47 6.65 7.52 10.65 11.52 8.38 10.09 6.09 6.56 6.71 7.53 10.62 11.34 8.34 10.13 6.10 6.62 6.72 7.54 10.62 11.39 8.37 10.15 6.12 6.59 6.72 r 7.59 10.65 11.43 r 8.44 10.18 6.16 '6.64 6.80 '7.65 10.68 11.52 8.48 10.25 '6.20 '6.76 6.84 "7.66 "10.74 "11.52 "8.53 "10.31 "6.21 "6.68 "6.86 127.3 93.5 134.2 121.9 129.4 127.2 127,8 127.0 125.4 138.9 92.6 148,3 131.9 141.9 139.4 138.1 138.1 137.3 137.6 93.0 145.8 129.9 140.6 138.7 137.2 136.8 135.9 138.4 92.9 147.4 130.9 141.5 139.6 137.6 137.0 136.7 139.0 92.2 149.0 131.2 142.4 139.0 138.4 137.8 137.4 140.5 92.5 149.5 132.8 143.5 141.6 139.7 140.1 139.2 141.4 92.1 151.7 133.5 144.7 141.5 141.0 140.4 139.7 142.0 92.1 151.4 134.7 145.4 142.3 140.5 141.4 140.8 143.0 92.3 153.4 135.7 146.4 143.5 141.2 142.6 142.1 143.5 92.3 153.4 136.6 146.9 144.3 141.7 142.0 142.6 144.9 92.9 156.2 139.9 148.9 145.5 142.1 143.1 143.4 145.0 92.8 156.0 137.9 149.1 146.0 142.5 143.3 143.7 145.4 93.3 156.0 138.1 149.9 146.3 142.8 143.8 143.9 146.3 '93.7 156.5 138.7 150.8 146.9 143,7 144.9 145.1 147.6 '93.7 157.0 139.7 151.8 148.1 145.2 147,9 146.4 "147.9 "92.9 "158.2 "139.9 "152.5 "149.1 "145.2 "146.6 "146.5 11.73 18.42 12.92 16.78 12.56 16.30 12.77 16.48 13.03 16.85 13.09 16.98 13.27 17.31 13.62 17.66 13.69 17.74 13.69 17.72 13.78 17.89 13.83 17.99 13.83 18.00 13.85 18.07 14.15 18.39 14.15 18.40 3.66 3 59 3.82 3.67 9.92 10.64 10.62 10.54 10.56 10.66 10.65 10.61 10.79 11.00 11.25 11.39 IT 09 234.93 172.74 254.74 170.13 254.53 171.98 254.50 170.92 256.63 170.18 258.37 170.09 257.95 168.05 259.74 168.44 261.50 168.82 261.10 167.91 258.69 165.93 206.40 151.65 220.57 147.05 220.72 149.24 220.70 148.22 222.05 147.35 223.65 147.33 223.33 145.40 224.13 145.35 226.03 145.83 225.73 145.16 do do... do dododo... dodo... do... do .. 235.10 397.06 367,78 288.62 310.78 255.45 351.25 176.46 269.97 147.38 209.60 190.71 255.20 439.19 398.52 318.00 342.91 280.74 382.18 190.95 294.08 158.03 229.05 208.97 252.38 424.95 391.09 317.59 343.88 279.74 376.10 188.48 288.37 156.08 225.63 206.05 254.88 420.04 395.81 320.39 346.72 281.64 381.52 190.51 289.11 158.17 225.63 206.99 257.74 439.92 407.86 317.59 342.80 282.30 383.90 193.85 294.10 161.92 227.96 209.85 259.88 447.30 408.41 320.40 345.32 284.86 389.87 194.83 296.06 162.23 232.23 210.89 259.74 450.85 396.31 322.32 346.26 287.78 390.04 194.49 296.45 162.17 230.04 211.25 261.18 456.13 419.62 323.95 350.07 286.60 388.65 192.32 298.38 157.64 232.77 213.85 262.20 461.32 414.78 325.54 351.68 288.56 393.96 192.68 300.69 158.54 236.02 216.78 262.24 466.37 417.75 329.97 356.73 291.65 395.36 194.45 302.25 160.89 234.21 217.12 255.95 456.89 385.95 312.38 336.28 277.65 388.85 191.89 300.13 157.47 237.47 219.32 262.39 463.03 406.39 326.93 352.93 291.04 397.10 194.66 303.31 159.35 239.64 220.68 261.99 465.16 419.21 327.27 352.84 289.93 392.73 194.66 303.72 159.64 239.22 220.03 1967 — 100 129 119 118 121 123 119 112 110 111 109 106 103 96 Seasonally adjusted: Private nonagricultural payrolls dollarsMining , , do.... Construction ... . , do.... Manufacturing . do Transportation and public utilities do..,. Wholesale and retail trade , do.... Finance, insurance, and real estate do.... Indexes of avg. hourly earnings, seas, adj.: H Private nonfarm economy: Current dollars 1977 — 100 1977 dollars $ . .. do.... Construction •• .. ,...,,,... do.... Manufacturing .,.......,...., do..,. Transportation and public utilities .. do... Wholesale and retail trade do.... Finance, insurance, and real estate. „ do.,.. Services . do.. Hourly wages, not seasonally adjusted: Construction wages, 20 cities (ENR): § Common labor $ per hr.. Skilled labor do Farm (U.S.) wage rates, hired workers, by method of pay: mi worKers, mciuaing pi «p p Workers receiving cash wages only do.... Workers paid per hour, cash wages only..., do,,.. Railroad wages (average, class I). do.... Avg. weekly earnings per worker, private nonfarm: fl Current dollars seasonally adjusted 1977 dollars seasonally adjusted i Spendable earnings (worker with^3 dependents): 1977 dollars, seasonally adjusted | , Current dollars, not seasonally adjusted: Private nonfarm total ,. dollars Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale and retail trade , Wholesale trade Retail trade .„.,.,„, Finance, insurance, and real estate Services , ,. HELP- WANTED ADVERTISING Seasonally adjusted index See footnotes at end of tables. P 263.55 263.15 r264.89 '266.99 "266.57 168.62 168.90 169.69 169.41 "167.44 O C) r 262.27 454.76 '415.44 r 325.85 r 350.45 r 291.47 '393.43 195.91 '304.45 161.02 '240.37 221.33 87 '265.52 '453.90 '429.00 329.55 '355.39 '293.38 '396.00 197.78 '308.35 163.01 r 245.39 '221.62 "266.70 "451.08 "427.11 "333.59 "359.17 "297.22 "398.19 "199.32 "309.21 "164.65 "241.15 "222.36 S-13 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1982 1981 1981 Annual May June July Aug. Sept. Nov. Oct. Jan. Dec. Mar. Feb. Apr. May June LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued WORK STOPPAGES 1f Work stoppages involving 1,000 or more workers: Number of stoppages: Beginning in month or year number 187 Workers involved in stoppages: Beginning in month or year .thous 795 Days idle during month or year do 20 844 UNEMPLOYMENT INSURANCE Unemployment insurance programs: Insured unemployment, all programs, average weekly # @ thous.. 3,837 State programs (excl. extended duration prov.): Initial claims thous.. 25,373 Insured unemployment avg weekly do 3350 Percent of covered employment: @ @ Unadjusted 3.9 Seasonally adjusted 2,864 Beneficiaries, average weekly thous... Benefits paid @ , .. .. . mil $ 14 590 3 Federal employees, insured unemployment, average weekly thous 30 Veterans' program (UCX): Initial claims do 267 Insured unemployment, avg. weekly do.... 56 Beneficiaries, average weekly... do..,. 56 Benefits paid mil. $.. 294.9 Railroad program: Applications thous 162 Insured unemployment, avg. weekly do.... 34 Benefits paid mil. $.. 176.1 145 18 30 9 23 7 5 2 2 2 r 3 8 13 26 899 13 734 12 141 4 146 6 200 3 237 r 8 r 352 35 478 43 599 5 729 16 908 85 4 454 200 2618 80 1 576 36 1 018 3410 3,111 2,949 3,012 2,874 2,680 2753 3228 3,935 4,681 4,723 4,892 4,760 4,388 23,939 3048 1,417 2691 1,741 2596 2,114 2743 1,610 2656 1,680 2488 1,996 2592 2,286 3061 3,272 3778 3,328 4470 2,272 4376 2,418 r 4282 2,347 4067 1,995 3729 3.5 2,614 13 206 7 31 3.0 3.1 30 2.9 3.4 35 34 32 34 2,174 2,331 2280 3,486 2,256 10063 10128 10619 10049 10010 4.9 30 51 5.0 43 35 4.3 4.6 41 40 37 3.9 41 43 46 46 2392 3,172 3,801 3,908 3944 2,142 3,672 3,257 9972 10797 15925 17642 17818 20726 18483 15738 32 27 25 25 25 29 32 36 39 40 40 38 33 29 193 40 41 230.3 15 43 43 20.0 19 42 44 21.1 22 44 44 22.8 19 44 45 • 21.4 15 34 35 17.1 11 26 26 13.0 9 22 21 10.1 11 19 20 10.2 8 16 15 7.1 8 13 12 5.3 10 11 10 5.1 g 10 8 4.0 8 9 7 34 184 40 210.8 7 38 15.4 26 30 16.2 41 29 11.5 13 29 7.1 15 35 15.0 21 37 16.0 13 4 16.4 19 56 25.3 22 73 30.5 11 67 28.0 9 65, 33.9 52 43 FINANCE BANKING Open market paper outstanding, end of period: Bankers' acceptances , mil. $. 54,744 Commercial and financial co. paper, total ...... do... 121,597 Financial companies ... do 87 667 Dealer placed do . 19904 Directly placed do 67763 33 930 Nonfinancial companies . . . . ,. do Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.: Total, end of period mil. $.. 68,648 Farm mortgage loans: Federal land banks do.... 38 138 Loans to cooperatives do.... 9,506 Other loans and discounts do ... 21005 Federal Reserve banks, condition, end of period: Assets total # mil $ 171 495 Reserve bank credit outstanding, total # .. do.... 137,644 Time loans do 1809 U.S. Government securities do.... 121,328 Gold certificate account .... .. , .do 11 161 Liabilities, total # do 171 495 Deposits, total do 31546 Member-bank reserve balances do.... 27,456 Federal Reserve notes in circulation do.... 124,241 All member banks of Federal Reserve System, averages of daily figures: 140 097 Reserves held, total . ..... mil $ Required do *40 067 Excess .. do *30 Borrowings from Federal Reserve banks do.... 11 1,617 Free reserves do -1 471 Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.: Deposits: Demand, adjusted § mil. $ 119 485 Demand, total # . . .. do 228086 Individuals, partnerships, and corp do.... 158,283 State and local governments do.... 5,829 U.S. Government do.... 1,108 Domestic commercial banks do.. . 41407 Time, total # do 314 128 Individuals, partnerships, and corp.: Savings do. .. 72 670 Other time do 205 862 Loans (adjusted), total § do.... 433,313 Commercial and industrial do.... 174,581 9,988 For purchasing or carrying securities do.... 26,073 To nonbank financial institutions do.... Real estate loans , do .. 111,819 135 555 Other loans do 118 098 Investments total do 1 U.S. Government securities total .. do 39611 35,239 Investment account * do.... 78.487 Other securities do.... See footnotes at end of tables. 69,226 60551 63427 63721 64577 65048 66072 68749 69226 70088 70468 70619 161,114 140,056 145,994 151,264 153,651 161 717 164 124 166,317 161 114 r!67 271 167 460 166 373 172 540 176 775 111 908 97 823 101 649 106 431 107 258 111 420 113 308 1134H 111 908 112 112 110 656 109 657 113 786 117 756 30357 24782 25629 26*807 27 824 30440 30 716 30728 30 357 30666 r 30974 r 31 844 32 723 34 335 81 551 73 041 76020 79624 79434 80980 82592 82683 81 551 rgl 44g 79 682 77 813 rgl Qg3 83 420 49206 42233 44345 44*833 46 393 50 297 50816 52 906 49206 55 159 56 804 56 716 58754 59 019 78,188 74452 75207 76412 77072 77614 78283 78 103 78 188 78387 79035 79758 80695 46463 9,124 22 619 41913 9,361 23178 42693 8,807 23707 43450 8,897 24065 44064 8932 24075 44720 8,950 23944 45386 9?400 23497 45 961 9315 22827 46463 9124 22619 46899 9498 21 990 47324 9760 21 951 47966 9581 22211 48 425 9758 22512 176 778 143,906 1601 130 954 11 151 176778 30816 25'228 131,906 164 447 130,939 1366 118311 11 154 164 447 27213 24,304 123,251 171 311 132,227 1010 120 017 11 154 171 311 27423 23,626 124,783 167377 134,957 1027 123 172 11 154 167 377 29690 26,011 124,765 168 429 181 639 136,699 138,288 1 254 2486 124'522 124 330 11 154 11 152 168 429 181 639 30398 41 924 27,045 27,243 125,134 125,050 167 256 134,665 924 123 005 11 152 167 256 28 742 23,672 125,351 171 676 139,140 232 126 539 11 152 171 676 29053 24,312 129,086 176 778 179 941 143,906 141,871 1 601 2217 130 954 128 230 11 151 11 151 176 778 179941 30 816 39324 25,228 25,066 131,906 126,835 170 321 138,575 1 180 125 410 11 150 170 321 29630 24,964 126,869 139,700 2646 125 589 11 150 172 249 30073 26,357 128,855 Ml 918 Ml 606 1312 '642 1 277 40512 40260 252 2,154 -1 643 40711 40433 278 1,149 719 40951 40604 347 695 269 101 466 97 112 95 313 209 661 173 365 187 335 140,406 122,000 127,927 4,161 5,176 4,526 1,784 1,082 1,106 41213 27912 36984 337 288 341 127 349779 100 656 99 021 209 236 163 230 135,847 123,561 5,129 4,123 2,198 1,566 44 149 18025 349 069 350 216 106 737 186 099 137,774 4,985 1,114 22 158 356 985 108 595 99682 95 764 187 518 170 840 169 273 140,376 127,443 125,658 5,328 4,492 5,235 2,148 3,645 3,331 21 896 19273 19762 362 502 367 200 370 510 78235 76358 225 775 232 026 450,102 442,499 182,545 180,450 9,154 12,111 26,785 25,957 117 927 118 905 137 099 132 755 119 521 118 104 40599 40644 33810 33397 78.922 77.460 75364 240 184 460,044 187,874 10,204 26,273 121 596 145 053 117 457 37771 31632 79.686 76 758 245 714 468,089 191,818 10,672 26,385 123512 146 880 119 081 37510 30690 81.571 76 971 250511 470,988 195,499 10,756 26,729 124 444 146 367 116 905 36819 30872 80.08fi 108 595 97112 187 518 195 175 140,376 130,792 5,235 4,262 3,312 2,148 21896 36,735 362 502 334 602 76 971 250 511 470,988 195,499 10,756 26,729 124 444 146 367 116 905 36819 30,872 80.086 77,797 221 735 437,294 176,617 10,388 25,807 116 634 132 900 121 050 42128 34444 78.922 40443 41 Oil 40104 40667 344 339 2,038 1,751 1 408 1 159 41026 40731 295 1,408 -893 76 172 239 712 452,309 184,956 8,616 27,137 120 264 139 346 117 519 38843 31975 78.676 40593 40177 416 1,473 -835 74359 242 481 455,089 187,174 8,483 25,408 122 302 137 542 116 293 38310 31404 77.983 41 918 41 606 312 642 277 43 210 42785 425 1,526 1 026 79286 252 236 470,410 198,009 8,675 26,756 126 157 144 998 118 503 38090 30 785 80.413 172 249 182 959 173 574 148,335 141,249 1 799 1058 134257 129 407 11 149 11 149 182 959 173 574 38357 26834 24,702 23,463 130,189 132,619 552 41 280 39 230 rr39 558 139 40 981 38873 39r284 r39r192 274 299 360 357 1,713 1,581 1,611 1,105 r 5Qg 1 080 t i i4Q 1 282 173 810 140,244 1 638 127 005 11 149 173 810 25325 20,198 134,228 39 777 39 252 525 1,211 -447 101 234 94 010 95 278 172 931 157 940 179 476 131,868 120,484 133,774 5,133 4,521 4,640 1,133 1,148 2,958 19695 16 143 23 721 372 461 373 733 381 227 102299 178 515 133,268 5,710 2,345 20392 385 108 79314 80 434 78 902 80 795 253 750 255 514 257 53g 263 021 472,278 476,519 479,517 486,083 198,819 202,573 204,731 209,058 7,782 9,163 7,484 9,056 26,762 27,913 28,096 27,768 127 306 129 098 126 840 128 538 144 382 140 837 138 662 143 552 117 596 117 936 115 768 117 554 38 374 38 570 36 999 36 945 30747 30 345 29548 29 158 79.222 79.3fifi 7^769 80.609 79 642 269 351 490,863 212,428 8,700 27,666 129 689 144 398 115 122 36997 29 196 78 125 S-14 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual July 1982 1982 1981 June May July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FINANCE—Continued BANKING—Continued Commercial bank credit, seas, adj.: Total loans and securities fl , US Treasury securities Other securities Total loans and leases fl ... bil. $.. do.. do do .. 1,239.6 110.0 214.4 915.1 1,316.3 111.0 231.4 973.9 1,285.1 1,295.4 116.7 116.0 221.6 220.6 948.5 957.2 1,302.8 1,312.2 116.4 115.6 222.3 223.8 964.0 972.7 1,317.8 1,324.0 113.2 112.5 225.6 228.7 979.0 982.8 1,327.5 1,316.3 rl,320.0 110.3 114.1 111.0 231.2 231.4 231.5 973.9 974.5 986.1 1,332.4 1,342.5 1,352.6 1,361.9 115.1 114.4 116.6 116.3 232.0 234.0 234.9 233.1 985.2 995.0 1,002.0 1,010,7 1,368.7 115.8 235.8 1,017.1 Money and interest rates: Discount rate (N.Y.F.R. Bank), end of year or month „.....,.., percent- 12.00 12.10 13.87 14.00 14.00 14.00 14.00 14.00 13.00 12.10 12.00 12.00 12.00 14.20 13.95 14.29 14.59 14.83 15.11 15.28 15.26 14.87 12.00 14.63 12.00 2 14.45 14.11 14.14 13.93 H2.25 2 12.58 2 14.17 a 13.56 14.19 14.12 14.40 14.14 14.77 14.60 15.03 14.69 15.38 15.04 15.47 15.68 15.80 15.23 15.53 14.67 15.37 14.44 15.22 14.93 15.07 15.13 15.39 15.11 15.57 14.74 15.01 3 4 15.32 3 14.76 3 13.73 17.56 16.66 14.97 16.27 15.22 14.13 17.10 " 17.22 16.62 16.09 14.47 • 15.32 16.11 15.93 15.01 14.78 14.72 13.96 12.00 11.96 11.72 12.13 12.14 11.24 13.06 13.35 12.56 14.47 14.27 13.58 13.73 13.47 12.89 13.95 13.64 13.09 13.29 13.02 12.61 14.00 13.79 12.69 14.077 16.295 14.557 14.699 15.612 14.951 13.873 11.269 10.926 12.412 13.780 12.493 12.821 12.148 12.108 336,341 316,447 28,036 26,026 30,397 27,286 28,750 26,885 29,299 25,799 30,158 26,133 27,158 26,693 26,526 26,125 30,914 26,595 22,574 25,814 22,758 25,460 27,986 28,289 28,449 27,217 28,389 27,413 do 28,377 29,223 28,290 28,323 29,406 26,836 27,370 26,656 26,888 27,150 27,462 28,684 29,197 Finance companies do.. Retailers do 12,283 4,937 3,212 4,486 12,701 5,251 3,137 5,018 11,973 5,439 3,299 4,826 11,458 6,385 2,913 4,616 12,384 7,158 2,558 4,568 11,610 5,327 2,621 4,559 12,430 5,287 2,571 4,279 13,264 4,089 2,517 4,142 11,775 4,433 3,326 4,385 12,431 4,857 2,695 4,254 12,519 5,002 2,631 4,536 12,790 5,343 3,010 4,618 12,765 6,135 2,902 4,449 do.... do do 7,384 11,876 620 7,515 12,658 509 8,059 11,706 445 8,396 11,663 520 9,000 12,263 532 8,073 11,379 479 27,192 26,739 25,895 26,431 26,770 26,445 7,283 11,730 364 27,075 7,183 12,143 411 26,806 7,352 11,592 508 26,689 7,474 11,070 434 do 7,490 11,753 475 25,834 26,472 7,871 12,416 544 27,509 8,429 12,528 478 27,798 do do. .. do do 12,072 4,528 2,821 4,489 11,986 4,681 2,918 4,602 11,944 4,491 2,767 4,561 11,704 4,002 2,668 4,629 11,957 4,476 2,692 4,557 11,686 4,123 2,830 4,455 11,997 4,825 2,795 4,405 12,104 4,503 2,886 4,480 11,765 5,030 2,637 4,358 12,602 4,550 2,830 4,378 12,353 4,329 2,753 4,365 12,694 4,799 2,878 4,437 12,778 5,009 2,941 4,381 Federal intermediate credit bank loans 12.87 2 do. Home mortgage rates (conventional 1st mortgages): New home purchase (U.S. avg.),., Existing home purchase (U.S. avg.) percentdo.... Open market rates, New York City: Bankers' acceptances, 90 days , do.... Commercial paper 6-month $ do Finance co. paper placed directly, 6-mo @ do.... Yield on U.S. Government securities (taxable): 3-month bills (rate on new issue) percent.. 12.22 !4.62 12.78 H2.29 3 11.28 3 11.506 3 8 13.73 CONSUMER INSTALLMENT CREDIT Total extended and liquidated: Unadjusted: Extended Liquidated „ . . ... • Seasonally adjusted: Extended total # By major holder: By major credit type: Automobile , Revolving Mobile home Liquidated total # By major holder: Commercial banks Finance companies Credit unions Retailers By major credit type: Automobile Revolving Mobile home .. •• .« .. ... , mil. $.. 306,076 304,628 do.. do do.. do.... Total outstanding, end of year or month # do..,. 313,472 By major holder: Commercial banks .. ... . * . do.... 147,013 76,756 Finance companies , do.... 44,041 Credit unions . ... • do 28,448 Retailers do By major credit type: 116,838 Automobile . . do 58,352 Revolving . ...,.,,.,.... ,. do., 17,322 Mobile home do FEDERAL GOVERNMENT FINANCE Budget receipts and outlays: Receipts (net) mil $ '517,112 1 576,675 l R d t I " ' d f 't C } do -59,563 '59,563 do "R ' f Hi uhl ' do '70,515 5° , V. • hh 1 ' d '-10,952 Gross amount of debt outstanding , do.... '914,317 '715,105 Held by the public do Budget receipts by source and outlays by agency: Receipts (net) total mil $ '517,112 Individual income taxes (net) do.... '244,069 Corporation income taxes (net) do.... '64,600 Social insurance taxes and contributions (net) mil $ '157,803 '50,640 Other do '576,675 Outlays total # do '24,555 Defense Department, military , do.... '132,840 Health and Human Services '194,691 T D rf f do '76,691 '4,850 NationarAeronautics and Space Adm do.... Veterans Administration „ do.... '21,135 GOLD AND SILVER; Gold: Monetary stock, U.S. (end of period) mil. $.. 11,160 Price at New York i^. .. dol per troy oz. 612.509 Silver: Price at New York ±± dol. per trov oz.. 20.632 See footnotes at end of tables. 7,470 7,638 7,339 7,211 7,284 7,595 7,509 6,537 6,921 6,466 7,003 11,590 11,486 11,692 11,429 11,358 11,533 11,266 11,885 11,836 11,917 11,991 408 396 493 408 460 365 353 404 364 375 386 333,375 315,679 318,792 320,656 324,161 328,187 328,652 329,053 333,375 330,135 327,435 327,131 328,363 329,338 7,498 11,520 372 7,366 11,651 399 149,300 143,841 145,125 145,382 146,006 147,060 146,889 146,687 149,300 148,162 146,922 146,454 146,616 146,147 89,818 81,794 82,723 83,924 86,152 88,698 89,583 89,956 89,818 88,925 89,009 89,591 90,674 91,958 45,954 45,055 45,686 46,096 46,605 46,791 46,416 46,092 45,954 45,907 45,586 45,632 45,450 45,472 29,551 26,287 26,394 26,396 26,477 26,594 26,922 27,510 29,551 28,179 27,013 26,530 26,537 26,536 126,431 119,582 120,400 121,476 123,481 125,703 126,344 126,385 126,431 125,525 125,294 125,559 126,201 127,220 63,049 55,820 56,798 56,764 57,280 58,318 58,451 58,923 63,049 61,433 59,514 58,491 58.641 58,647 18,486 17,576 17,704 17,760 17,959 18,124 18,300 18,380 18,486 18,397 18,343 18,363 18^02 18,479 '599,272 38,514 70,688 48,142 47,976 60,594 45,467 44,317 57,407 55,269 43,042 45,291 75,777 '657,204 54,608 55,619 58,486 53,095 53,698 63,573 54,959 76,875 45,930 57,822 63,546 66,073 9,704 9,339 -14,780 -18,255 6,897 -18,105 -10,642 -19,468 '-57,932 -16,094 15,070 -10,343 -5,119 -6,897 518,749 12,522 20,516 -8,109 14,993 18,773 -8,711 5,119 '57,932 16,094 -15,070 10,343 2,527 8,577 10,374 10,972 14,274 9,783 10,693 12,305 6,501 3,383 539 572 '79,329 4,300 6,468 -11,238 1,550 6,242 -17,892 8,375 6,960 -1,382 -15,474 '-21,397 15,555 -15,642 '1,003,941 974,758 977,350 979,388 986,312 1,003,941 1,011,111 1,019,324 1,034,716 1,043,817 1,053,325 1,066,393 1,070,734 '794,434 775,402 775,973 779,356 785,857 794,434 804,808 815,780 830,055 839,837 850,504 862,809 865,336 '599,272 '285,917 '61,137 38,514 10,496 1,011 70,688 33,729 15,792 48,142 24,439 1,715 47,976 21,615 1,607 60,594 30,882 8,659 45,467 22,555 1,265 44,317 21,775 745 57,407 25,770 10,220 55,269 32,646 2,473 43,042 21,007 1,293 45,291 13,391 6,910 75,777 41,672 7,342 '182,720 '69,499 20,694 6,312 14,657 6,510 15,206 6,783 18,190 6,565 14,516 6,537 15,369 6,278 15,795 6,002 14,641 6,777 14,575 5,574 15,109 5,633 18,752 6,238 21,593 5,170 '657,204 '26,030 '156,035 54,608 1,456 13,500 55,619 2,117 13,464 58,486 1,123 14,392 53,095 2,750 13,239 53,698 604 13,624 63,573 3,146 14,351 54,959 3,072 13,889 76,875 4,793 15,880 45,930 4,573 13,783 57,822 2,984 14,239 63,546 4,394 16,042 66,073 2,484 16,013 '230,304 '92,633 '5,421 '22,904 18,897 7,415 461 1,668 19,074 12,100 509 1,784 21,141 7,522 417 2,992 19,342 7,793 401 786 20,905 6,537 348 2,008 21,249 8,268 658 3,010 19,770 8,204 517 851 33,866 13,277 551 3,214 7,319 7,935 443 760 20,679 8,164 493 1,908 21,628 7,598 524 2,269 21,898 9,641 464 3,236 11,151 11,154 11,154 11,154 11,154 11,152 11,152 11,152 11,151 11,151 11,150 11,150 11,149 11,149 459.614 479.788 460.761 408.839 410.960 444.095 437.195 413.671 408.743 384.125 374.071 330.248 350.488 334.403 314.982 10.518 10.848 10.001 8.631 8.925 10.035 9.251 8.547 8.432 8.030 8.268 7,213 7.311 6.674 5.578 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS S-15 SURVEY OF CURRENT BUSINESS July 1982 1980 1981 Annual 1982 1981 June May July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FINANCE—Continued MONETARY STATISTICS Currency in circulation (end of period) bil. $. 137.2 Money stock measures and components (averages of daily figures): t Measures (not seasonally adjusted): $ Ml bil $. r 4014 M2 , do... l,591.7 M3 . . do 18730 L (M3 plus other liquid assets) do... 2,267 6 Components (not seasonally adjusted): Currency do 111 7 Demand deposits , do... 263.9 Other checkable deposits ££ do... 21.8 Overnight RP's and Eurodollars * do... 30.0 r Money market mutual funds ... do 553 Savings deposits do... 4040 Small time deposits @ do. 7064 Large time deposits @ do 2363 Measures (seasonally adjusted): $ Ml do. M2 do... M3 do L (M3 plus other liquid assets)..... do... Components (seasonally adjusted): Currency ., do Demand deposits '. do... Savings deposits do... Small time deposits @ do... Large time deposits @ do... PROFITS AND DIVIDENDS (QTRLY.) Manufacturing corps. (Fed. Trade Comm.): Net profit after taxes, all industries mil. $.. 92,579 Food and kindred products do.,.. 8,222 Textile mill products.... do.... 977 Paper and allied products do.... 2,789 Chemicals and allied products do.... 11,578 Petroleum and coal products do.... 25,133 Stone, clay, and glass products do.... 1,833 Primary nonferrous metal do.... 2,768 Primary iron and steel , do.... 2,334 Fabricated metal products (except ordnance, 3,967 machinery, and transport, equip.) mil. $.. Machinery (except electrical) do..., 11,459 Elec. machinery, equip., and supplies .. .. do 7114 Transportation equipment (except motor vehicles, etc.) mil. $.. 3,084 Motor vehicles and equipment do.... -3,424 All other manufacturing industries do.... 14,745 Dividends paid (cash), all industries do.... 36,495 SECURITIES ISSUED Securities and Exchange Commission: 81,111 Estimated gross proceeds, total mil. $.. By type of security: Bonds and notes, corporate , do.... 56,265 Common stock do.... 18,996 Preferred stock do.... 3,635 By type of issuer: Corporate, total # mil. $.. 78889 Manufacturing do.... 24,398 Extractive (mining) do.... 4,818 Public utility do.... 15,940 Transportation do.... 3,745 Communication do.. 7385 Financial and real estate do.... 15,638 State and municipal issues (Bond Buyer): 47 133 Long-term do Short-term , do. 26485 SECURITY MARKETS Stock Market Customer Financing Margin credit at brokers, end of year or month mil. $.. 14,721 Free credit balances at brokers: Margin accounts do.... 2105 Cash accounts do 6070 Bonds Prices: Standard & Poor's Corporation: High grade corporate: Composite § dol per $100 bond 41 4 Domestic municipal (15 bonds) do.... 57.4 Sales: New York Stock Exchange, exclusive of some stopped sales, face value, total mil. $.. 5,190.30 See footnotes at end of tables. 145.6 136.5 138.1 138.3 138.5 138.5 1388 145.6 142 7 140.5 1405 1426 1465 1440 4372 4296 4500 4232 4276 4321 4315 4397 "4512 4534 4400 4555 '4451 4304 4345 17240 1 739.2 17561 17669 17757 17933 18096 18294 1 849 2 1 842.9 18619 '1 888 0 1 888 9 19054 2 089 9 r 2 055 7 20765 20984 r 2 1154 2 1324 r 2 1526 2 175 6 2 1999 2217 2 22160 2 237 4 '2 266 1 '2 268 7 2 2887 '25193 2 476 3 '2 501 8 '2 522 0 2 544 2 '2 568 3 2 598 5 '2 628 5 '2 653 8 '2 680 4 26950 r l,747 1 r 1198 239.9 65.6 38.7 110 3 3616 8129 2864 1192 2359 64.1 40.9 98 8 3699 7969 2773 1197 2370 66.4 42.9 1029 3650 8064 2817 121 3 2376 68.6 42.3 1128 3652 8095 2866 121 3 2347 69.7 43.1 1222 3550 8220 2948 1208 2346 71.7 39.6 1306 3479 832 1 299 1 121 2 2366 72.4 36.2 1373 3439 8476 2998 1254 2433 78.4 38.1 151 2 3430 851 7 3054 1229 2375 75.2 36.9 1449 3422 851 9 301 8 1233 2436 82.5 43.2 1549 3468 8575 307 6 1230 2285 81.4 42.9 1560 344 5 8685 3142 1238 2282 83.7 43.0 1592 346 1 8796 317 4 1257 236 1 89.5 40.4 1619 348 1 '8882 '317 9 1272 r 2283 '85.4 '42.8 1643 3474 '8953 '320 1 1283 2301 87.0 42.8 1686 347 8 902 1 323 9 4292 4294 4284 431 1 431 2 4329 4364 14409 4486 4473 4483 '4524 '451 5 450 9 1 732.4 17409 17537 17724 17783 1 7895 18099 18227 18413 1 8480 18652 1 8807 '1 897 5 1 9069 20652 2082 1 2 1025 2 1260 2 138 1 2 151 1 2 1747 2 188 1 22150 22043 22358 '2 258 1 '2 278 7 2 294 7 r 2 483 1 r2 506 6 '2 530 4 *2 559 7 r2 577 2 '2 600 0 '2 629 3 '2 642 8 '2 666 1 26872 1194 2404 373.5 7958 2783 r !01,302 r 9,109 1,157 r 3,110 12,973 r 23,733 1,627 '2,124 r 3,507 1197 2377 3668 8055 2856 1205 2367 3610 8140 2931 1207 2366 3509 8308 2998 121 1 2347 3431 8397 3023 '28,873 r 2,264 408 r 879 r 3,365 '6,771 '567 '630 '1 160 '25,201 '2293 308 '633 '3 098 '6103 '555 '290 1 421 4,235 12,580 r 7872 1,320 '3,259 '2 166 '1,133 '3,084 '1 797 '3 722 -209 15,762 r 40,317 1001 936 '4,147 10,080 '903 -622 '4,205 '9,703 r 121 3 2357 3396 8498 3022 123 1 2364 3436 8547 3003 121 8 235 7 3409 8568 3006 1238 2393 3488 8523 3026 1246 '234 5 3486 859 4 3080 r 22 856 '2446 198 829 '2985 '5464 '267 '369 '5 125 1 2330 3507 870 0 '3126 1263 2330 350 5 '881 7 '317 1 '1274 2326 '3509 '894 1 '321 4 128 4 2307 3498 9008 3284 18998 2 120 78 418 2900 4935 167 82 25 '760 '3,492 '1 745 786 2657 1 781 r 707 139 '3 728 10 763 645 I 2737 10160 75,874 5,954 10,979 4,259 3,310 4,972 5,363 9,729 5,969 3,283 5,838 6,601 4371 45,606 25,042 1861 3,251 2,440 164 5,704 4,754 188 2,046 1589 67 1,578 1467 14 2,544 2037 186 3,839 1382 141 7,112 2039 59 3,948 1870 145 1,607 1 477 'l99 4074 1 430 185 4653 1 750 198 2339 1 885 147 72,509 17,397 9,122 14,492 2,776 6160 17,197 5855 2,204 753 1,410 166 65 899 10646 1,894 1,997 1690 692 1506 2,267 3702 822 328 630 74 840 807 3059 4 767 468 572 625 905 608 1746 186 150 765 202 545 . 541 5 362 238 703 1331 74 91 2,563 9210 2462 797 1 246 120 411 3,254 5963 1212 723 1 176 105 201 1,894 3283 727 724 962 68 66 506 5689 479 479 1 088 76 366 2,994 6 601 1 142 919 2219 255 87 1,523 4 371 547 653 1 617 31 g 1,258 46 134 34443 3 358 4763 4921 3*756 3 255 2267 3 088 2084 3 539 4 412 3 625 3543 5 035 2902 5 072 3 138 3 780 2*525 '3 459 2*708 K KOQ *fi KK1 2 950 3 115 14,411 14,951 15 136 15 154 14585 14023 13 926 14 124 14411 13441 13023 12095 12202 11 990 3515 7150 2345 6150 2350 6650 2670 6470 2645 6640 2940 6555 2990 6 100 3 290 6 865 3 515 7 150 3 455 6 575 3 755 6 595 3 895 6 510 '4 145 6 270 4 175 6 357 337 43.2 329 45.0 35 1 45.8 330 43.7 31 8 39.4 29 9 36.8 30 0 37.4 33 7 41.0 33 2 37.1 30 9 35.8 31 1 37.0 32 9 37.3 qo q a A f\ 09 1 38.2 39.9 38.3 5,733.07 418.49 457.82 444.69 475.07 577.36 567.54 611.97 673.76 410.47 512.80 509.13 510.05 499.02 388.34 rK OCQ C OQ-I r A. (\\ 9 5 919 S-16 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual July 1982 1981 May June July Aug. 1982 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FINANCE—Continued Bonds— Continued Yields: Domestic corporate (Moody's) By rating: Aaa Aa A Baa By group: Industrials Public utilities . Railroads Domestic municipal: Bond Buyer (20 bonds) .. Standard & Poor's Corp. (15 bonds) U.S. Treasury bonds, taxable $ Stocks Prices: Dow-Jones averages (65 stocks) . Industrial (30 stocks) Public utility (15 stocks) Transportation (20 stocks) percent 1275 1506 1515 1476 1518 1560 1618 1620 1535 1538 1605 16 13 1568 1553 1534 15 77 do ... do . do do . 1194 12.50 1289 13.67 14 17 1475 1529 16.04 1432 1488 1543 15^95 1375 1441 1508 15.80 1438 14 79 1536 16.17 1489 1542 1576 16.34 1549 1595 1636 16.92 1540 1582 16 47 17.11 1422 1497 1582 16.39 1423 1500 15 75 16.55 15 18 1575 16 19 17.10 15 27 1572 16 35 17.18 1458 15.21 16 12 16.82 1446 1490 1595 16.78 14 26 1477 15 70 16.64 14 81 1526 1607 16.92 do.... do do.... 12.35 13.15 11.48 14.50 1562 13.22 1445 1584 12.90 14.25 1527 13.09 14.48 1587 13.22 14.87 1633 13.50 15.47 1689 1371 15.64 1676 13.88 15.19 1550 13.92 15.00 1577 13.84 15.37 1673 14.10 15.53 1672 14.08 15.29 16.07 14.00 15.22 15.82 14.03 15.08 15.60 13.93 15.35 1618 13.99 do do..,. do.... 873 8.51 10.81 1156 11.23 12.87 1064 10.73 12.96 1085 10.56 12.39 1144 11.03 13.05 13 10 12.13 13.61 1293 12.86 14.14 1299 12.67 14.13 12 18 11.71 12.68 13.30 12.77 12.88 13.15 13.16 13.73 12.70 12.81 13.63 13.13 12.72 12.98 11.97 12.45 12.84 ... 32823 891 41 110.43 307.23 36461 93292 10858 398.56 380.45 97952 10684 423.24 384.92 99627 10879 422.72 368.97 94794 10759 404.26 364.22 92625 111.49 396.27 33333 85338 105 18 353.12 337.10 85324 103 77 368.56 346.44 86044 110.42 383.56 351.31 87828 110.73 387.11 333.99 85341 105.68 353.99 327.54 83315 105,98 345.93 318.94 812.33 107.47 328.85 118.78 134.52 13137 86.88 50.54 18.52 75.57 128.04 144.24 13903 100.67 131.73 149.06 14678 104.67 132.28 148.70 14484 108.55 129.13 145.30 14010 101.63 129.63 145.95 141 13 110.04 118.27 132.67 12660 93.67 122.92 136.76 125.80 98.38 123.79 138.35 128.23 98.37 50.37 24.48 94.77 51.01 20.03 78.81 14.46 53.42 117.24 140.67 13.73 50.82 111.69 132.95 14.40 53.75 113.93 141.22 54.52 21.92 89.68 15.23 56.28 119.20 152.40 53.53 22.21 90.84 14.55 52.57 118.09 142.21 52.28 23.55 92.55 14.67 53.94 120.62 146.16 54.06 22.99 91.12 12.50 44.00 102.90 127.06 52.15 24.12 90.91 15.80 58.23 127.68 155.50 117.28 131.08 121.78 95.43 51.81 20.05 80.86 114.50 127.56 120.53 97.32 51.87 23.26 93.09 14.44 52.45 117.82 141.29 119.80 133.98 12398 96.89 51.41 21.01 83.83 14.76 54.01 112.58 149.00 68.10 78.70 6061 37.35 6425 7402 85.44 7261 38.91 7352 76.28 88.78 7678 38.27 7465 76.80 88.63 76.71 39.23 7979 74.98 86.64 74.42 38.90 7497 75.24 86.72 73.27 40.22 7376 68.37 78.07 63.67 38.17 69.38 69.40 78.93 65.65 38.87 7256 71.49 80.86 67.68 40.73 76.47 526 4.94 9.77 404 575 10.60 520 4.90 10.18 340 541 12.36 4.98 4.67 10.33 317 5.38 1230 5.03 4.76 10.03 322 4.95 12.23 5.18 4.88 10.07 3.34 5.35 12.43 5.16 4.86 9.78 3.46 5.43 12.63 5.69 5.38 10.49 399 5.74 13.01 5,65 5.35 10.46 3.80 5.47 13.09 mil $ millions 475 850 15486 490 688 15910 41 252 1278 46694 1520 42649 1310 37728 1,224 33 534 1220 mil $ millions 397 670 12 390 415 913 12843 34253 39713 1 019 1232 36,340 1064 31769 973 sales millions- 11,352 11,854 1,101 954 921 Standard & Poor's Corporation: § Combined index (500 Stocks) Industrial, total (400 Stocks) # Capital goods (111 Stocks) Consumer goods (189 Stocks) 1941-43=10., do.... do do.... Utilities (40 Stocks) Transportation (20 Stocks) Railroads (10 Stocks) .... do.... 1970=10.. 1941-43—10., Financial (40 Stocks) ,.... . ,. 1970—10.. NewYorkCity banks(6 Stocks) 1941-43=10., Banks outside N.Y.C. (10 Stocks) do.... Property-Casualty Insurance (6 Stocks) do.... New York Stock Exchange common stock indexes: Composite . . . 12/31/65—50.. Industrial -. do.... Transportation do Utility ... ,. do.... Finance . do... Yields (Standard & Poor's Corp.): Composite (500 stocks) Industrials (400 stocks) Utilities (40 stocks) Transportation (20 stocks) Financial (40 stocks) . Preferred stocks 10 high-grade . Sales: Total on all registered exchanges (SEC): Market value Shares sold On New York Stock Exchange: Market value Shares sold (cleared or settled) New York Stock Exchange: Exclusive of odd-lot and stopped stock (sales effected) percent. do.... ,. do.... do ... do... do. .. Shares listed, N.Y. Stock Exchange, end of period: Market value, all listed shares. , bil. $., 1,242.80 33,709 Number of shares listed millions.. 906 C 12.13 11.99 12.58 12.42 12.67 13.32 332.69 844.96 112.17 344.68 333.11 846.72 114.49 340.90 313.66 804.37 108.41 314.58 110.84 122.85 112.43 97.00 116.31 129.19 117.32 102.91 116.35 129.68 115.84 103.81 109.70 122.61 105.97 100.92 51.39 18.95 75.99 52.33 17.68 67.73 54.88 18.50 71.16 52.13 17.21 65.49 13.95 51.33 102.51 141.08 14.19 53.85 100.48 146.08 14.15 53.77 96.11 147.01 54.25 18.71 71.20 14.59 55.93 97.40 149.14 13.81 52.27 93.29 142.45 12.45 48.10 86.01 126.05 71.81 81.70 68.27 40.22 7474 67.91 76.85 62.04 39.30 70.99 66.16 74.78 59.09 38.32 70.50 63.86 71.51 55.19 38.57 69.08 66.97 75.59 57.91 39.20 71.44 67.07 75.97 56.84 39.40 69.16 63.10 71.59 53.07 37.34 63.19 5.54 5.28 9.92 3.67 5.19 12.76 5.57 5.28 10.22 3.76 5.48 12.83 5.95 5.64 10.74 4.20 5.89 13.19 6.06 5.75 10.77 4.38 5.79 13.20 6.28 5.99 10.61 4.72 5.92 12.97 5.99 5.70 10.27 4.47 5.73 12.90 5.97 5.65 10.27 4.47 6.07 39673 1380 37495 1,303 38692 1,365 33445 1,222 35953 1,313 44157 1,713 39,900 1,533 28,378 974 33,826 1 129 32,029 1062 32,701 1092 28,301 987 30,268 1071 38,232 1411 33,714 1242 959 996 988 959 968 972 1,270 1,136 12.58 12.96 1,027 1,111 1,143.79 1,238.19 1,224.74 1,224.89 1,149.19 1,080.56 1,134.19 1,181.82 1,143.79 1,115.82 1,053.75 1,036.85 1,081.87 1,039.18 1,017.45 38,298 35,545 36,859 37,404 37,567 37,709 37,874 38,144 38,298 38,408 38,572 38,588 38,738 38,594 38,894 FOREIGN TRADE OF THE UNITED STATES VALUE OF EXPORTS Excl. Dept. of Defense shipments Seasonally adjusted By geographic regions: Africa Asia ...... Europe Northern North America South America By leading countries: Africa: Egypt .. Republic of South Africa Asia; Australia and Oceania: Japan See footnotes at end of tables. 220 704 9 1233 739 o 19 988 7 20 261 5 18 569 0 17 766 4 18 819 2 19 896 8 19 047 7 19 139 9 17 515 3 17 637 3 20 160 9 18 610,6 19 000 7 do.... 220,548.7 1233,677.0 19,986.1 20,254.7 18,565.2 17,764.2 18,816.1 19,893.5 19,040.0 19,130.0 17,507.9 17,635.5 20,151.7 18,605.2 18,992.4 18 899.0 19 749.8 19 289.4 19030.8 19,550.7 19,163.2 19,152.9 18,885.4 18,736.7 18,703.6 18,602.0 17,842.8 18,218.0 do 90604 HI 097 4 do do.... 60,168.3 163,848.7 4 875 7 1 15 435 8 71 371 4 69'714*7 do 35 399 0 139 565 8 do 21 337 7 124 368 7 do.... 17,376.8 1 17,732.1 ... do... do *2 159.4 ^911 7 1933 2653 285,0 250.0 15 297 5 21,823.0 424 2 1,595.2 488 6 1,786.8 1 873.6 24635 4 130 7 do.... 20,790.0 936.3 9286 1 088.4 5,104.0 5,293.4 5,280.6 6927 5150 5557 57954 53380 52141 3691 1 3 927 8 29773 2271 1 2 3126 20823 1,522.6 1,500.9 1,469.6 1 184.2 267.9 850.6 795.5 925.4 974.7 875.4 944.4 4,837.5 5,010.8 5,582.6 5,286.4 5,628.8 5,172.3 582.4 4614 545.2 5892 5591 5441 5,019.3 5,709.9 6,040.2 5,720.0 5,912.5 5 545.1 3 1030 3 302.7 3,145 8 3213.8 2,841.7 2 463.8 18342 18891 20706 20024 1 888 3 17034 1,338.2 1,364.8 1,423.0 1,408.5 1,305.6 1,318.6 193.8 2334 430 1 4777 1,900.0 1,594.2 132.7 230.2 177.6 2669 4908 4649 1,678.1 1,859.0 972.4 5,194.8 442.6 5,605.7 967.1 5,752.2 597.9 6,328.8 1,001.7 5,215.9 4716 5,753.1 2 593.5 3,346.8 3,066.1 1665 1 1 791.3 17586 1,163.0 1,376.6 1,258.2 142.8 215.9 172.6 230.9 275.2 2246 231.1 206.7 383.1 237.4 4641 4866 1,940.1 2,064.6 3912 1,785.8 3705 1,705.6 4906 1,862.2 4024 1,574.8 140.7 222.0 S-17 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual 1982 1981 May June July Aug. Sept. Oct. Nov. Jan. Dee, Feb. Mar. Apr. May FOREIGN TRADE OF THE UNITED STATES—Continued VALUE OF EXPORTS— Continued Exports (mdse.), incl. reexports—Continued Europe: France mil $ German Democratic Republic (formerly E Germany) mil $ Federal Republic of Germany (formerly W Germany) mil $ Italy do.. Union of Soviet Socialist Republics do... United Kingdom..., , doNorth and South America: Canada . do Latin American republics, total # do... Brazil , , ,. ... ... do . Mexico . do Venezuela > do... Exports of U.S. merchandise, total § Excluding military grant-aid Agricultural products, total Nonagricultural products, total By commodity groups and principal commodities: Food and live animals # .... .. .. . do... do... do... do... mil $. Crude materials, inedible, exc. fuels # Mineral fuels, lubricants, etc. # Oils and fats, animal and vegetable Chemicals . .. .. ., do... mil. $. do... do By geographic regions: Africa Asia., '. Australia and Oceania Europe , , Northern North America.,,,..... Southern North America South America By leading countries: Africa: Egypt Republic of South Africa , 17 340 5 652 1 5508 5128 518 5 6132 5552 5739 5627 5234 5635 7288 478 6 *295 7 252 52 146 90 90 249 17 7 164 499 266 43 7 93 10 276 7 9400 8085 7379 1 4249 4737 5 360.0 3520 43.1 80.3 127.2 *2,431.3 1 12 439 2 1 1112 10884 1 1465 763 7 4447 101.3 8854 887 7 4196 257.4 9521 9002 8464 459.0 239.9 9083 7989 8225 4136 398.0 9121 7896 397.5 450.5 8175 9696 8047 3790 421.3 9910 3952 325.1 992.7 10 959 8 5,511.1 1,512.8 12,693.6 35 395 3 36,030.4 43435 151446 4,572.8 216,592.2 216,436.0 41 255,9 175,336.3 1 139 564 3 36910 1 38,950.1 3,533.2 *3 798 2 3321 X 17 788 7 16734 *5 444 9 482.4 *228 960.8 19 618 1 1 228,898.7 19,615.5 J 43 338.5 35668 1 185,622.6 16,051.3 5480 358.3 9406 39277 29770 3 1030 3 3025 3 145 7 32136 2841 7 3,272.0 2,933.6 29777 3 241.7 3,089.2 2,933.4 2565 2873 2698 2577 2520 3023 15130 1 3144 13754 15422 1 4026 13808 508.7 3999 4531 4393 5088 4672 18 198 6 17 455 8 18 376 5 19 466 4 18 646 0 18 631 1 18 194.9 17,453,6 18 373 4 19 463 1 18 638.3 18,621 1 28418 29264 32032 39256 37754 3 596 5 15 356 8 14,529 4 15 173 3 15 540.9 14 870.6 15 034 6 2412 1 2375 1,865.0 637.7 151.8 1 8592 18933 84 552.9 1*95 717 2 55,789.7 62,945 5 28,838.8 1132,790.9 14,589.6 16,214.0 84598 88402 75972 7 471 5 7 8454 53714 5 614.7 52990 48799 51972 3,089.1 3,226.4 2,298.9 25921 26490 1,603.8 1,573.4 1,297.3 1,196.4 1,306.8 23307 2342 3 2177 1944 1,594.4 1,244.5 613.8 918.6 164.5 129.4 1 8194 1 8260 1*802*2 I'eeo'i 2 757 4 3062 1 1878 3644 17 129 0 17 121 6 32547 13 874 3 2 5170 259 8 1,376.6 9584 124.3 16849 16607 8001 8 54575 25450 1,325.5 75294 7931 2 51677 50122 23676 29210 1,267.3 1,124 8 7 126 7 48498 22814 1,023 7 do 240 834 3 *261 304 9 21 454 2 22 522 2 20 349 6 22 617 5 20 748 7 23 555 1 22 555 0 19 663 4 do . 21 309 9 21 974 7 19 806 7 23 528 3 21 228 6 23 234 4 22 521 5 19 516 3 2 22 606 0 2 do.... 32,250.9 127,070.6 ,... . do 78,848 0 *92 032 6 do.... 3,391.9 X 13,352 7 ..,.„.... . do 47,849.7 53 409 7 do . . 41 470.9 *46 432 0 do.... 22,656.9 '23,477.4 do.... 14 361 6 1 15 526 4 do . do.. . 458.4 3,320.5 *3973 2 445 3 1 2,204.6 73557 259.3 4 410.8 4 1423 1,994.4 10868 2,973.6 74387 305.6 4 516.2 40515 2,114.8 1 1216 17230 72658 2397 45651 36778 1 713 8 1 1644 19509 84506 256 1 4938 1 36409 2,074 0 13066 310 2249 549 171 3 57 2155 155 1854 195.3 223.3 161.7 30305 31476 31407 23153 2368 1,811.4 11062 158.4 51 4 1809 33 3524 6 9794 8 357 6 47190 5523 1 22610 2'8351 1,123.9 1,4893 2272 1 2 161 4 2625 2242 1,789.3 1,839.6 1 1902 1 143 5 124.3 102.2 1 6882 1 722 4 1 4396 1 5356 7 547 7 7 782 5 49677 25803 13956 18 264 6 20 823 4 17 882 1 20 804 5 22 828 8 19 090 4 20 348 7 17 386 8 20 558 1 17851 16696 17972 1 367 3 22 358 5 76290 9 1027 86360 6961 4 38 466 5 3420 3085 241 1 2805 22005 40556 46542 4570 7 4410 3 24 758 5 37077 42598 4 132 2 36060 23 508 5 1 899.6 2 1557 18747 18263 2218606 1 329 7 1 4042 13027 1 211 3 1 452 5 286 1512 2,537 2 2,926.9 2,699.6 2604 2898 2749 1 1239 1 307 2 1 173 1 3809 5017 4150 17 274 6 196854 18 208 3 172728 19 676.2 18 202 8 34999 37025 3 481 8 13 774 7 15,982 9 14 726 5 20649 2 1885 24296 2089 2500 3002 1,724.7 1,782.6 1,837.3 1 048.5 10509 12463 102.8 167.3 132.4 1 7154 1 5942 1 662 1 1 858 4 1 446 3 1 4569 1 388 7 1 6338 2 335 3 3751 1,930.7 1,097 7 121.5 1 665 5 16236 2 241 2 1873 1,301.0 919.0 168.1 1 644 1 15591 5929 24635 2 5935 33462 3065 8 3,561.7 347 1 17358 4385 19,851 9 19,845.1 3 191.2 16,660.7 27 743 7 1302908 26630 J 29147 23,790.7 '20,992.4 7,982.3 40,279.0 1,946.3 1 1,750.3 20 740 2 121 187 1 22,254.6 *20 632 5 Asia; Australia and Oceania: Australia, including New Guinea mil. $., 2,562.3 X 12,514.8 Japan . do . 30 701 3 37 612 1 Europe: France... , .,., do.... 5,247.0 '5,851.4 German Democratic Republic (formerly E. Germany) ; mil. $.. 43.9 H7.7 Federal Republic of Germany (formerly W. Germany) mil. $., 11,681.2 1 111,379.0 Italy do4,313 1 51 189 0 Union of Soviet Socialist Republics do.... 453.2 347.5 United Kingdom ....,..,.. do,,.. 9,755.1 1 12,834.6 North and South America: Canada .... do 41 455.4 H6 413 8 Latin American republics, total #...,.,. do,... 29,851.2 132,023.3 Brazil do.... 3 714.6 *4 474 5 Mexico ., do.... 12,519.5 1 13,765.1 Venezuela do.... 5,297.1 15 566.0 By commodity groups and principal commodities: Agricultural products, total.. , mil. $.. 17,425.0 1 17,003.4 Nonagricultural products, total ,.... do.... 223,409.2 1244,301.4 Food and live animals # , „..„.... do.... 15,762.7 1 X15,237.6 Beverages and tobacco do.... 2,771.5 3,138.3 Crude materials, inedible, exc. fuels # ...... do.... 10,495.9 '11,193.4 Mineral fuels, lubricants, etc , do..,. 79,057.7 '81,416.9 Petroleum and products do.... 73,770.9 175,577.3 Oils and fats, animal and vegetable do.... 533.4 '479.5 Chemicals ..,,,, do.... 8,582.7 19 445 9 1 Manufactured goods # do.... 32,190.4 137,291.9 Machinery and transport equipment .„. do.... 60,545.7 69,627.2 Machinery, total # do.,,. 31,903.6 '38,212.2 Transport equipment , do.... 28,642.0 '31,415.2 Automobiles and parts do.... 24,133.9 '26,216.9 See footnotes at end of tables. 378-127 O - 82 - S2 3904 280.8 9268 2691 1 3048 1,831.5 1 131.1 131.9 1 798 2 l'6517 Machinery and transport equipment, total . mil $ Machinery, total # , do... Transport equipment, total do.... Motor vehicles and parts do.... VALUE OF IMPORTS General imports total .. Seasonally adjusted 74854 24 3 1310 2 2 426 168 1 17063 1 500 6 63334 7 310 1 1919 2624 36747 44796 3 5490 4 1588 18319 19675 9772 1 144 3 100 1 1831 800 1385 1 252 1 59652 226 8 40126 37378 1 660 2 1 0272 327 141 1 190.3 261.0 238.3 177.2 152.8 235.4 H54.7 215.3 162.6 35429 2910 1 36989 3 326 5 3001 5 23 720 0 27080 3 5866 27904 501.9 469.9 440.3 529.1 4322 4669 5996 534 1 3.8 4.1 25 5.1 36 45 40 44 971.9 918.3 950.1 9878 7893 9721 4316 4335 4118 4948 4090 429 1 18.4 39.0 14.1 13.3 15.8 31.7 989.5 1,189.4 1,131.7 1,505.0 1 126.2 1 085.2 9987 4944 27.8 954.7 10559 5033 8.0 9063 25110 4527 4556 36 51 69 31 12087 4 499 2 2 18.4 2 9817 8749 3944 22.0 7800 10033 492 7 18.0 10113 9448 4397 155 8214 2 2 441 9 4 1409 40488 3677 2 36387 3705 5 42589 4 1322 3 603 9 23 507 8 3 547 g 4 156 2 3 735 7 2,435.3 2,562.8 2,381.9 2,616.6 2,651.5 3,015.7 2,755.6 2 573.1 22,759.9 2,376 0 2678 5 2222 5 3376 3492 3521 3564 411 8 4126 3950 3764 23354 3144 3698 312 1 1,072.2 1,207.7 987.5 1,122.6 1,119.2 13624 1287 1 1 1709 21 1166 12553 1 3105 1 0142 310.3 324,2 467.0 4335 5148 4727 3735 4366 26022 3124 3552 3502 1,552.3 1,306.7 19,891.4 21,182.9 1,371.2 1,240.9 311.7 231.3 1,129.7 1,061.4 6,078.2 7,255.5 5,651.8 6,853.8 40.5 32.0 7941 8159 3,221.0 3,179.9 5,853.8 5,922.7 3,112.3 3,204.1 2,741.5 2,718.6 2,298.7 2,365.3 1,184.8 1,394.7 19,132.4 21,276.8 1,161.6 1,176.1 219.7 285.5 891,9 873.2 5,692.0 6,880.5 5,264.9 6,436.2 32.8 38.3 7078 9290 3,092.3 5,694.2 3,198.0 2,496.3 2,097.6 3,440.2 5,883.0 3,376.9 2,506.1 2,089.7 1,290.0 19,487.8 1,150.7 239.3 829.2 6,557.9 6,154.3 37.2 8166 3,077.0 5,254.6 3,146.3 2,108.4 1,752.4 1,428.0 1,247.7 1,367.9 22,107.4 21,305.4 18,285.2 1,295.4 1,132.7 1,299.2 316.3 299.9 238.9 944.7 824.3 696.1 6,643.7 6,613.2 5,426.9 6,153.7 6,113.7 4,854.3 41.4 40.4 35.3 8263 7182 691 3 3,455.1 3,287.0 2,901.1 6,606.6 6,452.6 5,711.3 3,819.0 3,586.7 2,971.3 2,787.5 2,865.9 2,740.0 2,370.7 2,290.6 2,296.2 2 1,306.8 2 1,140.3 1,396,1 21,343.0 17,173.6 19,419.5 1,035.8 948.4 1,270.6 2 285.8 193.5 266.3 2 740.9 669.2 689.7 2 7,439.3 5,107.2 5,008.9 2 6,830.8 4,523 2 45042 2 42.8 19.2 40.2 2777 4 6677 8729 2 3,225.9 2,830.9 2,963.7 2 6,199.7 5,263.5 6,601.1 2 3,318.1 2,784.4 3,295.6 2 2,881.6 2,479.1 3 305.5 2 2,436.4 2,017.7 2.842.8 2 1,284.0 1,327 2 16,610.8 1,158.2 1,267.2 284.1 321.2 703.2 771.6 4,311.9 41674 38628 25.4 388 7302 840 3 2,454.4 3,203.9 5,785.5 7,051.3 2,898,5 2 887.0 2,522.3 June S-18 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual July 1982 1982 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FOREIGN TRADE OF THE UNITED STATES—Continued Indexes Exports (U.S. mdse., excl. military grant-aid): Unit value 1977—100.. Quantity do Value do 138.1 1329 1836 4508 4288 4941 1511 1321 1996 1497 1349 2020 1522 1217 1852 1510 1176 1776 1513 1236 1870 1528 1296 198 1 1530 124 0 1897 1529 1239 1895 1562 111 6 1742 1556 1130 1758 1548 1294 2002 1546 1199 il853 1543 1225 1891 General imports: Unit value Quantity Value 161 4 1026 165.5 4703 4052 479 1 1725 1023 1765 1724 1076 1854 1700 985 1674 1678 1109 1860 1663 1026 1706 1664 1163 1936 165 7 111 9 1853 1674 965 1616 1707 1091 1862 1717 876 1504 1704 1007 171.5 1696 868 147.3 1673 1024 171.3 401 172 *406 927 118 835 423505 30656 10563 29244 9754 33589 9809 33551 9075 36081 10 079 39 812 10871 36674 10429 37820 10350 29927 9657 487,936 164 924 37 102 14335 42874 15603 35014 13649 43812 15959 39482 14 123 40316 15765 37298 14517 31864 12863 6 39,974 6 12.98 18.29 do do do.... Shipping Weight and Value Waterborne trade: Exports (incl. reexports): Shipping weight thous sh tons Value mil $ General imports: Shipping weight Value thous. sh. tons.. mil $ *465 953 477373 15 694 TRANSPORTATION AND COMMUNICATION TRANSPORTATION Air Carriers (Scheduled Service) Certificated route carriers: Passenger-miles (revenue) . bil Passenger-load factor percent Ton-miles (revenue) total mil Operating revenues (quarterly) # § mil. $.. Passenger revenues do.... Cargo revenues .. . do Mail revenues do Operating expenses (Quarterly) § do Net income after taxes (quarterly) § do.... Domestic operations: Passenger-miles (revenue) bil.. Cargo ton-miles mil Mail ton-miles . . do 254.18 59.0 32,487 2 33,267 22,791 2 2,427 621 2 33,462 2 -90 248.39 58.5 31,886 200.09 3,274 944 26,376 2 26,383 2 156 198.13 3,338 994 54.09 2,458 392 50.28 2,337 376 . mil $. do do.... Operating revenues (quarterly) § Operating expenses (quarterly) § Net income after taxes (quarterly) § mil $ do— do— 2 6,891 2 7,079 2 mil- 8,228 7,948 100 15,432 100 16,489 Urban Transit Systems Passengers carried, total ; 22.86 60.8 2,876 24.46 60.8 3,057 24.50 68.2 3,023 19.72 57.6 2,566 9,729 8,195 625 161 8,600 73 20.16 57.7 2,673 18.06 54.7 2,419 20.38 57.2 2,651 19.62 55.5 2,457 17.82 292 77 7,542 7,409 41 18.94 297 78 18.64 273 75 15.15 289 78 15.97 308 85 14.78 271 76 16.70 264 111 15.92 225 79 5.04 191 29 1,627 1,641 -36 5.52 207 29 4.19 232 32 3.29 229 36 3.68 194 43 3.70 162 29 693 615 693 643 651 603 623 720 650 127.9 131.8 128.0 431.4 9,416 7,963 625 159 9292 3 Operating revenues (quarterly) §. . Operating expenses (quarterly) § Net income after taxes (quarterly) § International operations: Passenger-miles (revenue) Cargo ton-miles Mail ton-miles bil mil do 21.82 61.0 2,776 17.41 289 81 4.41 194 31 -246 676 5 5 15.29 7463 7442 12 5.86 196 29 4.57 199 29 1,932 1,859 61 625 645 Motor Carriers Carriers of property, large, class I, qtrly.: Number of reporting carriers Operating revenues, total mil. $.. Net income, after extraordinary and prior period charges and credits .... . mil $. Tonnage hauled (revenue), common and contract carrier service mil. tonsFreight carried—volume indexes, class I and II intercity truck tonnage (ATA): Common and contract carriers of property (qtrly.) average same period 1967 — 100 Common carriers of general freight, seas, adj 1967= 100.. Class I Railroads $ Financial operations, qtrly. (AAR), excl. Amtrak: Operating revenues, total # . mil. $.. Freight do.... Passenger excl Amtrak do Operating expenses do. . Net railway operating income do Ordinary income ; ... ... do. . Traffic: Ton-miles of freight (net), total, qtrly Revenue ton-miles, qtrly. (AAR) Price index for railroad freight 100 4,264 100 4,301 100 4,247 199 199 92 78 10 182 182 47 46 45 148.7 147.1 28,258 26,350 439 26,351 1,342 3 1,130 30,904 28,925 535 153.6 28,583 1,362 3 2,055 153.4 153.3 151.1 145.8 139.7 134.9 126.2 7,582 7,101 126 7,179 274 341 7,966 7,452 144 7,697 7,191 143 7,190 6,707 142 7,331 428 498 7,113 192 580 6,821 204 216 bil.. do— 1969=100.. 920.6 914.6 284.5 911.7 911.9 327.6 ""321.3 229.8 222.5 324.1 ""332"8 ""333"3 227.1 227.5 333.3 337.9 337.9 2362 225.1 337.8 350.4 350.6 Travel Hotels and motor-hotels: Restaurant sales index same month 1967 — 100 Hotels: Average room sale fl dollars Rooms occupied % of total. Motor-hotels: Average room sale fl dollarsRooms occupied % of total- 182 49.48 65 35.30 66 194 56.39 68 38.31 67 214 54.90 72 40.15 73 214 56.05 69 39.42 76 192 49.44 68 38.79 76 191 55.55 67 38.56 67 215 59.56 74 38.85 68 189 58.72 64 38.57 59 195 57.95 50 38.21 50 160 60.33 57 40.22 56 185 63.37 45 40.97 56 2 9,010 2 8,905 9,978 11,976 9,933 3,222 62.237 4 700 4 703 4 877 4 4 611 4 690 4 674 4 4 727 4 775 4 812 4 196 172 1,965 2,208 2,681 2,339 210 5,032 2.719 2.023 1.788 2.238 Foreign travel: U.S. citizens: Arrivals (quarterly) Departures (quarterly) Aliens: Arrivals (quarterly) Departures (quarterly) Passports issued National narks, visits See footnotes at end of tables. thous.. do do— do.... dodo.... 9,971 11,252 2 9,285 3,020 2 59.081 200 56.29 73 38.00 70 317 5.237 2,244 2,709 3,012 2,393 363 323 272 2,666 2,863 3,858 3,199 225 7.892 10.955 11.226 6.865 759 208 555 260 133.6 4 64.8 351.4 4 82.8 351.6 603 271 395 371 2.804 3,621 208.2 350.6 351.5 S-19 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 May Annual 1982 1981 1981 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May TRANSPORTATION AND COMMUNICATION—Continued COMMUNICATION Telephone carriers: Operating revenues # Station revenues ' Tolls, message. Operating expenses (excluding taxes) Net operating income (after taxes) Phones in service, end of period Telegraph carriers: Domestic: Operating revenues Operating expenses . Net operating revenues (before taxes) Overseas, total: Operating revenues Operating expenses Net operating revenues (before taxes) mil. $. do do . do.— do mil.. 56,738 24333 22983 37,983 10194 159.9 66,498 28 117 26 505 44,594 11903 164.9 5303 2288 2076 3,574 923 1648 5503 2330 2199 3,620 1019 1648 5714 2338 2*319 3727 1074 1648 5772 2360 2340 3,703 1 117 1646 5816 2415 2310 3812 1085 1653 mil. $.. do do.— 697.0 561.4 95.9 7792 623.8 112.7 619 48.6 7.3 684 54.9 9.3 680 55.5 8.9 682 53.0 11.4 677 56.0 7.8 676 56.8 7.7 do— do.— do— 5 534.7 5 374.8 5 578.0 434.4 118.6 46.6 360 8.5 49.5 283 11.1 50.2 383 9.9 47.0 394 5.4 50.1 391 8.7 51.2 369 12.1 137.0 5978 2503 2394 4505 865 1649 5911 2508 2324 3924 1041 1645 657 531 9.1 683 49.6 9.6 642 51.8 8.7 480 374 8.5 47.1 363 9.3 47.7 378 7.8 5838 5806 2466 2463 2354 2264 3,820 4060 1 111 950 1653 1651 5802 2515 2163 3,944 987 164.4 CHEMICALS AND ALLIED PRODUCTS CHEMICALS Inorganic Chemicals Production: Aluminum sulfate, commercial (17% A12O3) $ thous. sh. tons. 1,286 Chlorine gas (100% C12) $ do... 11,421 Hydrochloric acid (100% HC1) $ do... 2,895 Phosphorus, elemental $ do... 432 Sodium hydroxide (100% NaOH) $ do... 11,606 Sodium silicate, anhydrous $ do... 786 Sodium sulfate, anhydrous $ do1,139 Sodium tripolyphosphate (100% Na5P3Oi0) $ X 727 do... Titanium dioxide (composite and pure) $ do... 727 Sulfur, native (Frasch) and recovered: 1 Production thous. Ig. tons. 10,271 Stocks (producers') end of period do3,042 Inorganic Fertilizer Materials Production: Ammonia, synthetic anhydrous $ thous. sh. tons. 19,653 Ammonium nitrate, original solution $ do9,127 Ammonium sulfate $ do... 2,136 Nitric acid (100% HNO3) $ do9,232 Nitrogen solutions (100% N) $ do— 2,773 Phosphoric acid (100% P2O5) $ do— 10,938 Sulfuric acid (100% H2SO4) t • do— '44,157 Superphosphate and other phosphatic fertilizers (100% P2O5): Production thous. sh. tons8,339 Stocks, end of period do- . 372 Potash deliveries (K2O) JI do 6,950 Exports, total # do 29,445 Nitrogenous materials do..,. 3,668 Phosphate materials do 17,524 Potash materials do 1,815 Imports: Ammonium nitrate do 247 Ammonium sulfate do . 289 Potassium chloride do 8,907 Sodium nitrate . . do 158 Industrial Gases Production: Acetylene $ mil. cu. ft... 5,493 Carbon dioxide, liquid, gas, and solid thous. sh. tons3,720 Hydrogen (high and low purity) $ mil. cu. ft.. 106,064 Nitrogen (high and low purity) $ do— 478,964 Oxygen (high and low purity) $... do— 430,729 Organic Chemicals § Production: Acetylsalicylic acid (aspirin) mil. lb.. '33.7 Creosote oil mil. gal.. 152.5 Ethyl acetate (85%) mil. lb.. ^33.6 Formaldehyde (37% HCHO) do— '5,555.3 Glycerin, refined, all grades do— 314.8 Methanol synthetic • mil gal '1,077.3 Phthalic anhydride mil lb '818.2 ALCOHOL Ethyl alcohol and spirits: Production mil. tax gal643.2 Stocks, end of period do... . 72.0 Denatured alcohol: Production mil. wine gal301.2 Consumption (withdrawals) do— 284.2 10.1 Stocks, end of period do— See footnotes at end of tables. . 1,206 10,556 2,444 426 10,650 738 1,162 99 947 210 39 962 55 99 98 937 221 36 945 73 95 114 893 221 34 894 62 96 97 874 202 37 873 59 96 119 851 183 34 861 69 95 106 837 173 38 826 61 92 93 765 173 32 767 57 89 101 770 184 30 771 54 97 87 768 210 30 764 48 82 101 786 227 27 767 64 84 118 '815 '251 34 801 62 81 96 830 217 33 821 64 77 690 748 59 70 66 68 57 61 58 57 53 65 56 65 51 58 57 55 52 44 56 58 57 56 48 55 10,369 3,571 878 2,859 875 2,824 915 2,930 914 3,044 852 3,203 834 3,235 842 3,367 844 3,571 782 3,651 718 3,697 808 3,775 '755 3,911 19,043 8,791 4 1,642 9,039 4 2,951 9,914 r 40,795 1,632 741 188 760 4 263 927 r 3,765 1,582 651 181 695 4 235 918 '3,557 1,545 673 199 714 >250 850 r 3,384 1,510 617 165 657 4 231 676 r 2,884 1,537 684 152 717 252 742 r 3,116 1,547 744 <*) 742 4 224 760 '3,084 1,491 723 148 728 218 690 r 3,866 1,570 768 (2) 751 4 223 707 r 2,888 1,361 705 136 682 4 196 659 2,757 1,296 680 159 692 4 202 672 2,734 '1,434 '812 164 '822 4 ' 258 748 '2,941 1,482 700 174 715 4 244 629 2,609 16,903 3 1,068 6,478 22,391 2,834 13,308 1,203 1,632 1,339 439 2,015 259 1,175 97 1,514 1,414 514 1,949 227 1,076 110 1,436 1,561 513 2,184 333 1,143 116 1,092 1,321 806 1,659 124 979 103 1,158 1,211 378 1,872 220 1,029 90 1,261 1,177 399 1,512 167 880 93 1,112 1,276 550 1,579 221 982 101 1,076 1,068 614 1,834 246 1,148 100 1,128 1,197 416 1,497 243 860 62 1,213 1,306 396 1,637 212 1,135 30 1,240 '1,317 417 2,031 274 1,309 106 978 1,221 618 1,582 259 992 37 '552 1,736 244 1,022 109 264 327 8,601 159 19 46 598 16 16 10 651 12 14 16 623 10 16 29 948 0 15 17 786 16 26 10 655 26 26 12 577 6 17 58 719 0 21 20 670 12 16 24 552 0 18 34 582 21 33 51 722 9 51 23 664 22 358 '484 435 313 369 7,563 '7,760 38,065 '41,462 30,753 '34,580 333 7,462 38,840 30,853 3 4,905 397 388 389 353 425 392 384 448 282 3,982 101,561 485,066 421,588 324 8,746 41,797 37,964 345 8,490 40,396 35,726 385 8,544 40,921 36,147 353 7,630 40,939 34,158 324 8,785 41,225 34,930 335 8,300 41,545 36,440 324 7,669 39,246 32,603 315 8,040 39,229 31,528 287 7,065 40,609 31,172 29.6 117.9 '278.9 '5,854.6 299.1 1 1,266.2 '810.7 1.9 11.0 22.2 537.0 25.7 100.5 87.1 1.6 10.8 20.6 504.2 27.0 108.2 81.4 1.8 8.7 24.2 461.2 25.3 112.5 60.6 2.8 8.2 22.7 593.0 24.2 84.6 72.5 2.9 10.2 20.9 494.7 29.8 99.5 80.3 2.4 9.9 26.0 483.1 28.7 104.7 49.3 2.1 8.8 24.8 435.8 22.7 107.7 48.4 1.8 8.8 18.2 376.5 16.7 121.5 57.1 2.1 5.2 13.7 375.0 17.5 93.0 53.8 2.4 6.4 11.0 379.0 18.6 85.8 42.1 571.3 83.2 44.0 76.2 42.2 67.5 45.3 72.5 55.8 75.4 53.1 78.7 44.0 75.8 47.8 77.5 45.4 83.2 42.9 79.8 39.8 81.6 230.0 224.7 5.0 18.0 17.5 4.0 23.4 23.0 3.1 17.2 16.6 3.4 18.0 17.3 3.5 18.8 18.5 3.1 20.7 18.9 3.4 17.3 16.3 3.8 18.1 16.3 5.0 18.7 18.3 4.7 17.2 15.2 6.2 r 2.7 8.2 24.8 398.4 20.4 109.8 75.6 2.2 24.0 443.8 '22.8 110.9 64.7 720 4,151 2.0 8.5 24.3 402.3 19.2 95.6 68.5 June S-20 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 July 1982 1982 1981 May Annual June July Aug. Sept. Oct. Nov. Dec. Jan. Mar. Feb. Apr. May CHEMICALS AND ALLIED PRODUCTS—Continued PLASTICS AND RESIN MATERIALS Production: Phenolic resins mil. lb.. 1 1,744.9 Polyethylene and copolymers do 117199 Polypropylene . do .. X1 3 699.0 Polystyrene and copolymers do 5 540 1 Polyvinyl chloride and copolymers . do . *5 485 4 l 1 489.0 225.6 151.8 125.1 192.5 ll 998 4 1 058 4 10012 10055 10327 3466 3281 3574 3473 *3 948.1 15 686 6 4902 4683 4566 4989 5174 *5 663 3 5525 5522 5000 125.4 9843 3169 4963 451 1 129.5 9542 327.3 4916 4022 1049 8868 3014 4332 3849 704.2 3151 235.7 1533 572.0 248 1 203.0 1210 1018 8259 2733 4046 3106 93.2 8146 2764 3518 3290 100.7 8458 3045 397 5 3845 101.5 10125 347.9 4328 436.9 544.9 2348 201.9 108.2 579.9 2742 196.3 109.4 r 711.7 r 355.5 r 219.8 r 103.7 9555 3218 4144 4262 1025 9423 2878 4354 4914 MISCELLANEOUS PRODUCTS Explosives (industrial), shipments, quarterly Paints, varnish, and lacquer, shipments: Total shipments . . . Architectural coatings Product finishes (OEM) Special purpose coatings mil. lb.. mil $ do do do J 3,000.4 3,003.6 76359 36412 2*4185 1 5762 83957 3 9689 27372 1 689 5 8518 426 1 2612 1645 816.7 846.1 599.7 7708 3854 2404 1450 7744 3968 2249 1527 7848 3905 2327 161 7 7732 3725 2330 1677 513.6 2259 186.0 1017 687.0 !36.4 737.2 3614 218.0 157.7 ELECTRIC POWER AND GAS ELECTRIC POWER Production: By fuels By waterpower . do do 2 286 034 2 292 841 177 656 202 694 220 164 210 245 186 858 181 377 175 637 195 590 210 098 180 310 187,662 2 010 013 2 031 973 153 574 176 325 195 032 188 610 169 016 163 264 156 606 171 711 183,195 153,614 157,784 260 868 24081 26370 25 133 21,635 17,842 18,114 19,030 23,879 26,904 26,698 29,879 276 02] Sales to ultimate customers, total (Edison Electric Institute) $ mil kw -hr T2 126 094 r2 153 796 162 656 174 208 191 316 192 116 183 125 170 764 163 665 173711 Commercial and industrial: Small light and power § . do.. . r524 122 rr541 426 40,392 44501 48,909 48,848 47,192 43,184 40,789 43,161 '793 812 799 885 66040 67497 68847 69 198 68491 66,677 63968 62252 Large light and power § do r r 322 326 329 355 335 332 325 4275 331 Railways and railroads do 4091 Residential or domestic do . r734 411 r735 724 49 978 55789 67078 67,472 61,040 54,522 52,743 61,929 1,220 1,177 1,206 1,302 1,294 14,975 1,206 1,137 Street and highway lighting do.... 14 832 1,172 r r 4481 4288 3,989 4,183 4442 4284 4125 4332 Other public authorities do 48 284 51 055 r 550 587 544 536 '6358 6640 584 572 614 581 Interdepartmental do. . Revenue from sales to ultimate customers (Edison Electric Institute) $ . mil. $.. r95,462.4 111,584.1 7,987.2 8,948.2 10,094.0 10,197.1 9,609.9 GAS Total utility gas, quarterly (American Gas Association): Customers end of period total Residential Commercial Industrial Other . . Residential . Commercial Industrial Other Revenue from sales to customers, total Residential Commercial . . . . . Industrial Other 47 263 43528 3499 188 48 15409 47 859 47760 do do . do do 44059 3563 'l89 48 15426 43963 3560 189 48 3458 do ' do do do mil. $.. do . do. do do 4823 2442 7862 283 48,276 17409 8 149 22081 637 4565 2369 8215 278 56,980 2182 398 304 2,063 47 10,372 1678 7182 1969 1211 7062 130 thous 47373 43644 3,493 189 47 2812 789 428 60 12,416 3405 19 188 9297 27 718 776 8,799.8 8,415.8 152 4 542,662 4 137,466 185,625 4 1,059 204,112 4 4 3,936 12,938 1,527 4 30,513.1 9,165.6 47859 44059 3,563 189 48 " 3844 1,227 642 1902 73 15,199 5478 2,683 6812 226 FOOD AND KINDRED PRODUCTS; TOBACCO ALCOHOLIC BEVERAGES Beer: Production mil. bbl. Taxable withdrawals do Stocks end of period do Distilled spirits (total): Production mil tax gal Consumption, apparent, for beverage purposes i mil wine gal Stocks end of period i mil tax gal Imports . mil proof gal Whisky: Production i mil tax gal Stocks end of period $ do. Imports mil proof gal Wines and distilling materials: Effervescent wines: Production mil wine gal Taxable withdrawals do Stocks end of period do.... Imports do.... Still wines: Production $ . . do. Taxable withdrawals i do Stocks end of period $ do Imports .. do.... Distilling materials produced at wineries do See footnotes at end of tables. 19369 176 68 1295 194.08 17337 1396 18.87 1700 1578 18.63 1729 1524 18.80 1737 1498 17.72 16.22 1453 15.72 1468 1442 14.61 13.84 1399 13.12 12.39 1338 13.93 12.91 1295 15.19 11.90 14 16 15.00 12.91 14.93 1273 1182 638 793 1143 1371 1373 1405 11.02 12.34 448 82 61376 117 93 3442 62393 10.21 3772 63785 7.67 3591 62126 8.56 33.36 61800 8.33 3475 61274 11.77 39.07 60960 13.32 41.07 60620 12.32 54.09 61376 9.12 30.70 61296 7.03 30.22 60832 6.33 8431 55488 8600 r 9666 541 07 8653 844 558.77 756 738 555.79 530 368 551.27 652 466 547.19 583 692 54360 932 8.80 540.06 10.00 914 53510 930 906 541.07 662 7.37 541.03 491 2620 2528 9.27 4.83 3073 2730 11.53 7.66 236 198 14.47 0.64 305 242 11.92 0.45 247 168 15.14 0.55 230 226 14.89 0.52 204 211 14.44 0.53 380 4.52 20.75 0.76 288 391 12.63 1.07 195 272 11.53 1.01 46018 363 66 60431 107.60 18820 5.62 2903 46663 9.34 596 445 3120 42805 797 524 5.84 2951 401 61 8.58 296 74.37 2666 437.53 9.51 35 12 202.16 3146 62050 8.37 101.90 3640 656.67 10.24 6797 3205 26.59 3155 62490 11.12 1363 14053 151 96 449 42 62326 11371 3 2 50905 34935 61053 97.68 22438 r 17.65 15.68 16.32 17.62 15.82 15.83 35.69 5.82 7.98 9.12 888 543.22 465 4.06 5.91 688 183 1.15 12.67 0.53 189 1.12 13.09 0.33 206 1.93 13.23 0.45 192 1.62 13.59 0.52 0.67 1500 3096 60431 10.91 4.02 2898 575.15 9.96 9.45 288 7.07 35.16 523.86 7.81 404 4.87 3003 492.03 8.16 1050 6.03 2563 557.53 6.49 287 1135 June S-21 SURVEY OF CURRENT BUSINESS July 1982 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 Annual 1982 1981 May June July Sept. Aug. Oct. Nov. Dec. Jan. Mar. Feb. Apr. May June FOOD AND KINDRED PRODUCTS; TOBACCO—Continued DAIRY PRODUCTS Butter, creamery: Production (factory) @ Stocks, cold storage, end of period Price wholesale 92 score (N Y ) Cheese: Production (factory), total @ American whole milk @ mil Ib ;.. . do... $ per Ib mil. Ib. do 1 145 3 3046 1448 r 3 984 r 3 2 375 8 T 338 5 r 2003 r 3305 1903 r 3686 T 6943 598.6 220 6824 5913 234 1678 r 3863 r r 3489 r r 3376 r 2209 376.3 2322 6775 590.4 265 7173 6320 190 6964 622.6 118 r 7222 r 641.6 157 168 188 1685 1692 1684 1684 1684 1684 1684 1684 r r r 18 1.8 68 1 r 816 27 991 24 101 1 843 43.4 770 32 30 128525 71665 13.00 132 634 75915 13.80 12 055 7116 13.50 11576 6962 1340 11 344 6464 13.40 11 104 6174 13.50 10638 5858 13.70 F 927 l,314.3 r 84 136.8 129.6 6.0 116.3 82.7 1,160.7 r 5.3 186 1679 1678 1678 r r r 683 64 668 r 71 119.7 r 596 r 82 93.0 79 r 112.9 540.3 325.8 2049 663 28 7142 6157 2071 7194 6177 169 8 (») 347.0 2184 '670 2462 6857 5850 168 1234 447.8 r 220 5 7096 623.0 529 460 349 r 518 686 581 53.6 61.5 29 586 31 460 37 455 22 407 50 47 7 12 10 751 5890 1400 10384 5531 1400 10847 6209 14.00 11047 6370 1390 10 311 6099 13.80 11642 6945 13.60 92 80 107.2 94 125.3 69 94.4 17.4 r 629 r 89 920 621 r 85 89.3 r r 89 110.1 104.1 8 8132 8 13.20 11.4 18.2 176.2 198.0 31.4 26.3 30.9 17.0 7.9 2.0 9.4 69 94.5 12.6 0887 0939 0939 0939 0938 0938 0939 0944 0942 0940 0936 0936 0937 (7) 3,914.4 3,914.2 289.8 289.9 295.7 301.2 358.8 369.6 312.8 318.6 28518 299.5 360.9 353.7 2 478.3 332.2 2307 101.5 689 6 644 8 5,858.8 4 141.5 17173 2 458.3 391.0 3293 61.7 33 99.1 29 30 104.3 87.2 43 75.8 60 86.7 76 87.7 918 P 13.10 339.4 2 361.0 303.4 1856 117.8 2 36 1684 35 512 13.40 28 837 8.2 86.7 717.4 8 46 116.5 24.2 85.0 9.1 Exports, total, including flour Wheat onlv See footnotes at end of tables. r 331 1 191 1 r 3898 r 7579 2 608 5 7247 Exports, including oatmeal do.... Price, wholesale, No. 2, white (Minneapolis) $ per bu.. Rice: Production (crop estimate) mil. bags #.. California mills: Receipts domestic rough mil Ib Shipments from mills milled rice do. Stocks, rough and cleaned (cleaned basis), end of period mil Ib Southern States mills (Ark., La., Tenn., Tex.): Receipts, rough, from producers mil. Ib.. Shipments from mills, milled rice do.... Stocks, domestic, rough and cleaned (cleaned basis) end of period mil Ib Exports . . . . . . . . do Price, wholesale, No. 2, medium grain (Southwest Louisiana) $ per Ib.. Rye: Production (crop estimate) ]j mil. bu.. Stocks (domestic), end of period $ do . Stocks (domestic) end of period total $ On farms $.. Off farms 1168 440.4 r 85 2 4895 1678 2,485.3 mil. bu.. do.... do.... .... ..<, do . 1283 433.1 r 823 5156 1672 mil. bu.. fl 1095 429.2 r 827 5155 1562 Exports, including meal and flour do.... Oats: Production (crop estimate) fl mil. bu . Stocks (domestic), end of period, total $..... do.... On farms $ . do Off farms do.... Wheat: Production (crop estimate), total Spring wheat fl Winter wheat fl Distribution quarterly @ @ r 934 451.1 r 959 5075 7096 623.0 2476 Exports, whole and nonfat (human food) do.... Price, manufacturers' average selling, nonfat dry milk (human food) $ per Ib GRAIN AND GRAIN PRODUCTS Exports (barley, corn, oats, rye, wheat) r 4 229.0 r r 995 4700 1155 4736 5788 479.6 2312 Condensed and evaporated milk: Production, case goods @ mil Ib. Stocks, manufacturers', case goods, end of period mil Ib Exports do .. Barley: Production (crop estimate) fl do.... Stocks (domestic), end of period, total $ do.... On farms $ do... Off farms do.... Exports including malt § do Corn: Production (crop estimate, grain only) fl „ mil. bu . Stocks (domestic), end of period, total $ do.... On farms $ do.... Off farms do l 228 2 4292 1535 2551 6498 5556 137 Stocks cold storage end of period do American, whole milk do... Imports . . . do Price, wholesale, cheddar, single daisies (Chicago) $ per Ib Fluid milk: Production on farms $ do Utilization in mfd dairy products @ do Price, wholesale, U.S. average $ per 100 Ib. Dry milk: Production: Dry whole milk @ mil. Ib . Nonfat dry milk (human food) @ do.... Stocks, manufacturers', end of period: Dry whole milk do.... Nonfat dry milk (human food) do.... r 10 4 137.3 4 744 4 62.8 01 15 67 120 124 165 87 77 175.0 6,898.6 49654 19332 172.4 85 65 82 478.8 4 226.5 1473 79.2 332.2 2307 101.5 451.0 3030 148.0 39 148.6 4 939 4 54.7 75 2 8 201 0 6,898.6 4,965.4 19332 3 2,774.2 3 18183 3 2,159.3 207.6 5 9559 157.7 147.2 1,034.0 5 4901 55433 150.0 139.2 194.6 r 3 3,853.7 3 2 708 1 3 5,074.7 35697 1 504 9 151.1 147.2 189.3 195.0 1 145 6 212.4 2 10 508.1 364.7 3136 51.1 4 176.9 4 148 9 4 12.8 1.9 0.6 14 08 737 09 06 05 0.3 06 03 0.6 08 06 364.7 3136 51.1 457.8 384 0 28.0 580 3 4 4 1515 1269 4 246 236.5 2002 36.3 (») 2 146.2 2 185.4 3582 2711 3359 2,267 317 346 218 186 168 67 219 238 92 106 473 90 293 79 287 97 84 70 184 62 221 76 202 129 204 210 231 510 120 107 174 114 98 326 426 510 493 550 628 639 577 10,831 6,795 10,821 7,354 182 492 768 505 612 683 564 784 685 702 662 552 602 2969 6620 2763 6801 1 456 794 0.225 0.256 0.280 2 2 16.5 18.6 9.3 7.8 2 2 2 2 2,374 2 479 1,895 2191 do do.... do 19032 753.4 1 1497 do.... do.... 1,344.5 1,309.5 499 389 1,503 511 3,308 673 1,696 738 848 1008 772 1 232 371 453 2722 470 3 091 497 532 2906 583 2763 458 2572 479 2300 515 2 132 399 1 868 487 1 610 661 0.280 0.280 0265 0250 0225 0213 0 195 0185 0175 0160 0158 0 165 660 654 0 163 10 4 4.1 2,793 2 695 2,099 2523 21760 954.8 12212 1,647.7 1,610.8 85 142 6 6 340 4 9888 4 414.3 4 78 1049 559 21760 9548 2 733 9 12049 15290 5745 80.0 76.0 145 130.0 124.5 140.4 138.1 148.7 145.4 195.8 194.1 57 12212 157.6 156.9 127.8 127.5 137.8 137.4 125.6 124.2 20 1 4 31 9 2 131 622 4 1 556 7 14 159 0 7480 5798 r 45792 8087 164.5 143.8 1189 1541 138.7 159.1 147.4 114.8 10 2 125 SURVEY OF CURRENT BUSINESS S-22 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 July 1982 1982 1981 1981 Annual May June July Aug. Sept. Nov. Oct. Jan. Dec. Feb. Mar. Apr, June May FOOD AND KINDRED PRODUCTS; TOBACCO—Continued GRAIN AND GRAIN PRODUCTS—Continued Wheat flour: Production; Flour $ thous. sacks (100 lb.).. Millfeed $ thous sh tons Grindings of wheat $ , thous. bu Stocks held by mills, end of period thous. sacks (100 lb.).. Exports do Prices, wholesale: Spring, standard patent (Minneapolis) $ per 100 lb.. Winter, hard, 95% patent (Kans. City) do.... POULTRY AND EGGS Poultry: Slaughter , mil lb Stocks, cold storage (frozen), end of period, total mil. lb.. Turkeys , ., ... . . ..... do Price, in Georgia producing area, live broilers $ per lb.. Eggs: Production on farms mil. cases §.. Stocks, cold storage, end of period: Shell thous cases § Frozen .. . mil lb Price, wholesale, large (delivered; Chicago) $ per doz.. 282,655 4,866 628,599 283,966 5,045 634,381 23,421 420 52,184 23,521 416 52,643 23,342 410 51,194 23,665 431 53,323 24,189 436 54,589 24,712 440 55,552 22,835 410 50,982 22,321 403 50,197 23,985 432 53,740 23,553 423 52,786 25,251 453 56,663 22,472 403 50,334 3,842 15,014 3,460 15,839 1,724 3,895 2,350 987 1,420 4,222 724 284 117 3,460 184 605 2,165 3,384 2,336 2,858 1,760 10.844 10.347 11.075 10.313 11.125 10.525 10,813 10.275 10.750 10.300 10.588 10.200 10.525 10.025 10.675 10.313 10.338 10.763 10.638 10.950 10.700 10.738 10,638 10,538 10.425 10.550 14,233 15,058 1,259 1,323 1,335 1,314 1,365 1,376 1,193 1,232 1,087 1,070 1,253 1,220 1,209 339 198 392 238 423 256 509 327 596 401 657 466 716 532 703 528 469 305 392 238 378 238 374 236 r 377 r 0.270 0.265 0.255 0.285 0.290 0.265 0.245 0.245 0.235 0,230 0.255 0.250 0.256 193.6 193.4 16.2 15.5 16.1 16.2 15.7 16.4 16.2 16.9 16.6 15.0 1 10.566 ^o.ne 31 24 1 35 22 10.500 4 430 4 292 233 0.235 0.270 0.260 4 484 4 31 4 r 39 17 25 23 41 24 39 27 20 27 19 25 21 26 38 24 35 22 26 21 19 19 0.675 0.687 0.707 0.713 0.773 0.721 0.762 0.742 0.752 23 0.683 0.628 0,690 0.622 0.629 thous. animalsdo ... 2,294 31,642 2,478 32,819 158 2,593 175 2,770 204 2,765 198 2,772 228 2,846 236 2,939 217 2,668 254 2,829 228 2,771 210 2,591 263 2,819 Prices, wholesale: Beef steers (Omaha) $ per 100 lb Steers, stocker and feeder (Kansas City) .... do.... Calves, vealers (So. St. Paul) do.... 66.96 75.13 75.52 63.84 64.26 77.18 66.86 63.10 84.25 68.26 63.51 82.38 67.86 61,51 76.00 66.37 64.15 77.25 65.37 64.58 77.50 61.45 62.52 71.75 59.84 61.77 68.88 59.24 58.96 67.50 60.75 59.22 69.00 63.54 62.37 67.50 65.80 63.96 71.50 91,882 87,850 7,004 6,682 6,540 6,580 7,320 7,872 7,308 7,923 6,875 6,340 7,691 39.48 44.29 41.96 48.78 51.01 51.14 48,89 46,15 42.10 40.17 45.77 49.70 49.50 52.16 14.4 14.9 12.6 15.0 15.7 17.1 19.1 18,4 17,7 16.3 17.1 19.8 19.8 20.1 0.608 0.604 LIVESTOCK Cattle and calves: Slaughter (federally inspected): Calves Cattle , Hogs: Slaughter (federally inspected) thous, animals.. Prices: Wholesale, average, all weights (Sioux City) $ per 100 lb.. Hog-corn price ratio (bu, of corn equal in value to 100 lb. live hog). Sheep and lambs: Slaughter (federally inspected)..,... thous. animals., Price, wholesale, lambs, average (Omaha) $ per 100 lb.. MEATS Total meats (excluding lard): Production total Stocks cold storage end of period . • Exports (meat and meat preparations) Imports (meat and meat preparations) Beef and veal: Production total >• .... Stocks cold storage end of period Exports Imports. , .. . . mil. lb do do,,.. do.... ... do do do ... do . Price, wholesale, beef, fresh, steer carcasses, choice (600-700 Ibs.) (Central U.S.) $ per lb.. Lamb and mutton: Production, total ....mil. lb.. Stocks, cold storage, end of period do.... Pork (excluding lard):. Production, total mil. lb.. Stocks, cold storage, end of period do.... Exports , do.... Imports . .. ,. do. Prices, wholesale: Hams smoked # Index 1967—100 Fresh loins, 8-14 lb. average (N.Y.) ...... $ per lb.. 4 608 8,193 4 69.11 64.72 78.00 72.10 66.07 82.88 70.18 63.70 85.00 4 20,043 58.35 59,01 r 22.4 21.8 4 1,493 5,363 5,789 426 440 439 467 546 558 476 522 510 490 570 59.81 54.44 65.00 66.25 59.00 53.75 50.25 51.00 46.00 46.50 49.75 51.50 59.00 38,590 750 1,663 2,052 38,675 578 1,847 1,832 3,071 795 189 140 3,118 717 180 153 3,041 629 128 162 3,044 539 144 168 3,247 509 123 180 3,433 547 174 167 3,185 552 154 120 3,417 578 154 118 3,152 554 129 127 2,894 524 147 106 3,296 536 124 160 21,849 338 425 1,531 22,629 266 486 1,317 1,794 338 34 95 1,893 306 46 108 1,855 280 30 116 1,861 252 39 119 1,930 242 40 141 2,011 252 48 123 1,838 241 39 80 1,942 266 43 80 1,889 258 33 93 1,750 232 46 72 1,917 r 220 44 108 40 130 52 116 1.044 0.990 1.033 1.065 1.072 1.039 1.030 0.960 0.946 0.937 0.974 1.012 1.038 1.095 1.151 310 9 328 11 24 10 24 12 24 13 25 14 30 13 31 13 27 11 30 11 29 10 28 8 33 9 16,431 349 314 433 15,719 264 345 432 1,254 394 39 37 1,201 347 34 39 1,162 284 19 39 1,157 225 19 42 1,287 207 20 29 1,391 238 28 36 1,319 255 30 35 1,445 264 29 33 1,234 249 30 30 1,116 246 25 30 1,346 274 21 46 22 34 42 43 254.8 1.011 266.5 1.137 242.4 1.124 254.4 1.191 278.9 1.261 282.6 1.212 284.3 1.185 284.5 1.148 283.3 1.074 292.5 1.007 271.1 1.209 278.6 1.169 282.5 1.100 283.7 1.186 289.2 1.301 299.4 1.386 148.5 1.354 245.0 1.085 27.1 1.040 24.1 0.890 19.3 1.085 22.0 1.120 20.3 1.170 24.1 1.130 5.8 1.030 11.5 1.090 10.0 1.160 29,0 1.070 17.6 1.020 15.3 0.990 16.8 0.940 0.800 2,834 17,047 18,153 3,505 2.066 4,649 (33) () 16,555 3,243 1.594 5,095 1,356 283 1.290 305 1,026 166 1.155 325 922 213 1.155 304 1,213 172 1.270 430 (33) () 1,150 256 1.270 582 1,487 316 1.295 588 1,565 309 1.470 450 1,547 294 1.500 456 1,287 186 1.510 389 1,195 210 1.360 497 1,490 267 1.360 475 1,147 227 1.450 376 1,476 299 1.450 1.450 393 350 294 331 . 356 373 378 363 355 350 315 282 275 256 2 v r 59.50 66.25 60.50 4 167 167 131 169 9,097 4 502 4 5,462 4 196 1.112 4 85 4 16 4 3,550 4 265 MISCELLANEOUS FOOD PRODUCTS Cocoa (cacao) beans: Imports (incl. shells) .., ......thous. Ig. tonsPrice, wholesale, Accra (New York) $ per lb.. Coffee (green): Inventories (roasters', importers', dealers'), end of period .. thous bags fl Roastings (green weight) do Imports total , do . From Brazil do Price, wholesale, Santos, No. 4 (N.Y.)...... $ per lb.. Confectionery, manufacturers' sales @ mil. $.. Fish: Stocks cold storage end of period See footnotes at end of tables. . mil. lb 2,590 3,962 r 250 "272 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1982 1981 May Annual S-23 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June FOOD AND KINDRED PRODUCTS; TOBACCO—Cont. MISCELLANEOUS FOOD PRODUCTS—Cont. Sugar (United States): Deliveries and supply (raw basis): § Production and receipts: Production •> thous sh tons Imports raw and refined • 82 86 985 997 877 853 1928 1602 88501 122 452 347 313 0.198 0.303 190 254 0.163 0.266 18990 0.191 0.295 17736 0.198 0.285 14586 0.185 0.295 19128 5157 10838 10 149 2970 10922 9731 3311 608 029 . thous. sh tons 4127 Prices, wholesale (New York): Raw Refined (excl. excise tax) Tea imports 979 157 5054 201 138 943 1031 914 815 2285 2755 83266 115 336 398 312 4713 do do do sh tons Deliveries total For domestic consumption Stocks raw and ref end of period Exports raw and refined t , . 0.306 0.405 $ per lb.. do.... thous lb 184 786 603 861 783 1132 1 154 842 766 1416 1579 91 131 68370 2416 65210 424 653 462 785 746 3311 47605 902 0.154 0.236 0.160 0.261 0.163 0.261 13 205 15855 4697 45510 32372 128 1099 986 745 648 638 3743 4370 223 (4) (44) () 3,644 16359 100 (4) 4,246 316 2,953 2837 215 142 0.180 0.282 0.169 0.282 13,787 0.176 0.280 13,176 0.195 0.300 16,518 13473 0.167 0.261 12121 15,055 0.178 0.282 15,464 63222 27,889 86775 22,946 5080 55577 12,970 31670 31,264 39,392 16,579 4909 49862 20,393 41,756 22,659 53,960 24,820 8 141 56635 300 7300 7 447 49658 267 8058 6479 42300 247 4713 7479 48234 '215 6426 8990 52,850 221 8148 7584 57430 267 7337 6577 34,719 248 5540 5670 12682 19,464 11,660 10,849 10,343 13,696 15,534 17,449 0.208 0.300 TOBACCO Leaf: Production (crop estimate) Stocks, dealers' and manufacturers', end of period $ Exports incl scrap and stems Imports incl. scrap and stems .1 Manufactured: Consumption (withdrawals): Cigarettes (small): Tax-exempt Taxable Cigars (large), taxable Exports cigarettes 1 mil. lb.. mil lb thous lb . do millions do do., . do . 1,786 '2,060 4850 591518 365 622 5080 575 255 335 920 44571 28796 4285 40142 22,347 31277 22171 27398 32153 94 256 620 565 3,292 81998 92006 638 114 3,258 82582 6341 50678 274 6621 8031 56519 336 6214 6766 51064 242 6231 7555 58*716 261 6468 7636 58 150 313 7 149 LEATHER AND PRODUCTS LEATHER Exports: Upper and lining leather , thous. sq ft . 192,597 Price, producer: Sole bends light index 1967—100. 2838 18,692 3067 3185 2984 396 851 375,473 31926 30361 26968 30703 32,887 35040 30493 27624 26,259 27,128 31,060 26,864 299 131 73337 24383 3271 278 979 70834 25660 3171 24 124 5551 2251 20 618 4645 1705 22351 6200 2152 257 24545 6362 1980 397 25 196 7631 2213 22562 6197 1734 266 21061 4715 1,848 9688 785 640 20178 '20 102 4829 rr5734 1*252 !292 r 274 257 629 505 22,975 6672 1,413 365 9781 217 729 22251 5798 2*312 224 19,822 5826 1216 347 839 103.1 2144 99.6 102.7 103.5 103.6 103.8 104.1 103.6 103.9 103.7 104.9 2117 2145 103.0 2134 102.9 2140 102.9 2136 101.0 217 9 97.8 212 1 93.5 2123 93.5 212 3 93.0 2041 94.4 2 13,921 10,918 18016 192,193 15,393 2847 LEATHER MANUFACTURES Footwear: Production, total thous. pairsShoes, sandals, and play shoes, except athletic thous pairs Slippers do Athletic ,. . do.... Other footwear do Exports do Prices, producer: * Men's leather upper, dress and casual index, 12/80—100.. Women's leather upper Women's plastic upper index 1967—100 index, 12/80=100.. 976 246 551 303 663 1 121 238 615 r r 681 693 103.5 104.0 105.8 106.0 106.0 2053 '94.4 2102 94.5 2124 98.3 2084 98.3 2094 98.5 LUMBER AND PRODUCTS LUMBER—ALL TYPES # National Forest Products Association: Production total mil bd ft Hardwoods .... do. . Softwoods do Shipments, total , do . Hardwoods . ., .. .. do Softwoods do Stocks (gross), mill, end of period, total do.... Hardwoods do Softwoods.... , .... ........ do. . Exports, total sawmill products Imports, total sawmill products SOFTWOODS Douglas fir: Orders new .. .. ., . Orders, unfilled, end of period do.... do.... .mil bd ft do.... Production . Shipments ,, Stocks (gross), mill, end of period Exports, total sawmill products Sawed timber Boards planks, scantlings, etc do do . do.... .. ,.„.,.,... do.... do .... . do.... Price, wholesale: Dimension, construction, dried, 2" x 4", R.L. SnerMbd. ft.. See footnotes at end of tables. 3 3 2651 592 2059 2633 626 2007 6,213 1 871 4342 2588 560 2028 2765 560 2205 6,015 1 839 4176 9,518 992 6393 429 6395 6463 844 538 540 576 599 969 47 8 39 31 632 3 7297 24335 3 31 126 3 6679 24447 5,805 1807 3,998 1,655 9,859 29 713 3 7003 22 710 3 29 715 3 6812 22903 5,842 1972 3870 6791 499 6815 6821 912 540 117 422 223.42 523 129 394 2483 545 1938 2554 572 1982 2307 542 1765 2379 527 1852 1831 1765 1810 1891 2 148 2281 1390 1347 1454 1489 1737 1865 2395 498 1S97 6,103 1 886 4217 2431 546 1 885 6,232 1 918 4*314 2260 518 1 742 6,284 1 947 4337 2382 514 1 868 6,285 1 964 4*321 2045 441 1 604 6,075 1 968 4*107 1989 1637 1837 2148 1 576 1 244 1 407 1 702 446 2336 '427 1 909 5,842 1 972 3870 6,016 1936 4080 6,068 1 908 4162 6,042 1 842 4200 5,983 1827 4 156 934 842 465 660 755 728 591 530 585 601 792 848 566 505 533 601 901 43 13 30 486 510 521 481 941 31 6 25 466 458 546 518 483 455 526 486 536 458 533 533 476 477 403 457 459 429 396 507 393 443 457 421 523 496 454 470 486 481 482 492 1,009 1,009 955 938 974 958 473 487 465 482 969 844 407 471 459 365 941 931 51 43 29 38 47 34 34 54 46 48 14 37 14 29 9 20 441 6 31 418 413 19 28 356 393 11 22 402 430 8 26 411 18 36 416 14 32 14 35 SURVEY OF CURRENT BUSINESS S-24 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 July 1982 1981 1981 May Annual June Aug. July 1982 Sept. Nov. Oct. Dec. Jan. Feb. Mar. Apr. May LUMBER AND PRODUCTS—Continued SOFTWOODS—Continued Southern pine: Orders, new...... Orders, unfilled, end of period Production Shipments ..... . ... 1 mil. bd. ft. do.... .. 6,559 419 1 6758 1 do do.... 6,663 Stocks (gross), mill and concentration yards, end of period mil. bd. ft.. *6,128 418 X 6 1 143 6,129 508 474 546 520 535 440 559 569 546 441 557 545 448 407 512 482 463 402 485 468 498 399 488 501 461 430 364 430 400 418 415 412 344 430 366 332 409 448 419 391 520 476 487 492 486 446 515 516 1,270 1,284 1,311 1,301 1,313 1,343 1,360 1,347 1,281 1,284 1,318 1,346 1,341 1,340 ..thous. bd. ft.. 280,243 227,020 19,919 21226 20,898 21,048 16,719 19,043 21,334 15,032 14,283 18,936 20,195 23,660 19,318 Prices, wholesale (indexes): Boards, No. 2 and better, 1" x 6", R.L. 1967-100.. Flooring, C and better, F. G., 1" x 4", S.L. 1967-100.. 337.2 7730 7235 761 369 679 747 627 377 616 619 569 314 656 632 538 291 511 561 573 264 582 600 489 243 436 510 428 219 390 452 407 257 423 369 413 261 417 409 562 333 529 490 608 302 621 639 605 331 572 576 1 183 Exports, total sawmill products Western pine: Orders new .. Orders unfilled end of period Production Shipments 324.7 ,( do (Jo 7613 7807 7261 7342 573 355 684 644 . . . do 1 185 ] 104 1355 1287 1284 1308 1258 1240 1 166 1 104 1 158 1 166 1205 1 187 28 32 75 8.6 30 73 9.2 36 65 7.6 30 31 21 24 57 1.1 2.8 52 20 54 9.9 22 54 10.1 10.3 2.6 69 9,9 60 10,5 148 507 1 mil, bd ft do ,, Stocks (gross) mill fnd of period Price, wholesale, Ponderosa, boards, No. 3, 1" x 12" R L (6' and over) $ per M bd ft 326 219 28755 HARDWOOD FLOORING Oak: Orders unfilled, end of period Shipments * Stocks (gross), mill, end of period 1.9 780 ...mil bd. ft do do.... 12.4 83 1 10.1 71 8.7 66 8.8 70 7.9 19 18 60 10.2 METALS AND MANUFACTURES IRON AND STEEL Exports: Steel mill products Scrap Pig iron , .... . . . thous. sh. tons.. do do... 4,101 11 168 2,904 6415 16 259 677 1 279 628 2 218 348 1 194 450 1 228 395 1 233 532 2 244 480 1 227 509 1 173 462 4 154 539 (3) 197 522 1 Imports: Steel mill products Scrap Pig iron . , . do do.... do 15 495 19898 1772 1665 1663 2226 ' 69 1748 1921 1613 32 36 41 16 1356 43 42 45 64 1969 1600 56 30 1872 38 thous sh tons , do.... do . do . *42 207 *40 954 *83 710 8,018 43804 43412 87221 8261 4001 4162 8184 8175 3876 3817 7657 8287 3689 3454 7 168 8245 3631 3564 7 116 8383 3591 3,542 7116 8408 3353 3496 6833 8,418 3004 3064 6054 8,453 2817 2661 5656 8261 2742 2715 5917 7826 r 2753 r 2,889 r 5615 r 7,870 3020 3,114 6224 7,743 9217 96 17 9017 100.50 96 13 10550 8863 9900 8707 9900 9137 10750 8974 10250 8424 95.50 7801 86.00 7602 85.50 8170 94.00 8047 91.50 75.93 85.00 *69 613 *69 594 25058 74274 71650 28042 7265 8906 2901 7525 9625 3879 7112 9703 3059 6860 9300 4 113 6382 8,133 2595 5731 7112 2555 3910 5,048 2029 4430 3,507 1585 5687 1,076 1630 5244 1,180 1018 5 126 1,433 646 773 9070 6913 5,579 6038 1664 5518 1589 5 175 1596 5670 2795 4888 60243 17,469 36,203 6,571 60,401 21,594 32298 6,509 60,894 25,701 28,813 6,380 57340 26,576 24,654 6,110 22504 C 5,481 73 558 400 572 433 62 61 37 36 52 59 33 34 36 14 1029 41 48 Iron and Steel Scrap Production Receipts net.... ,. Consumption Stocks end of period , ., . Prices, steel scrap, No. 1 heavy melting: Composite $ per Ig ton Pittsburgh district .... ... . do.. 6998 75.00 6285 64.00 Ore Iron ore (operations in all U.S. districts): Mine production thous Ig tons Shipments from mines do .. Imports do U.S. and foreign ores and ore agglomerates: Receipts at iron and steel plants do Consumption at iron and steel plants do Exports. .. • ... ... do.... Stocks total end of period do At mines .• do. At furnace yards . do At US docks , do..,. Manganese (mn content) general imports . 87 188 89 397 5073 96 645 94958 15,210 11520 8841 2967 11 924 8162 '634 12350 8022 12 159 8024 9927 7708 56066 10,636 35706 6,095 60243 17469 36203 6,571 51 411 27700 19885 3,826 53744 25*601 23480 4,663 56356 23,019 27904 5,433 58755 20586 31931 6,238 59574 18,837 34062 6,675 60387 17,515 36 137 6,735 7241 6370 8,358 60144 16,429 36939 6,776 795 775 111 78 68 55 72 51 67 49 65 49 65 55 68721 69 053 73 456 75 051 6938 7108 6 408 6589 6268 6508 6 259 6521 5889 6029 5419 5527 4 782 4847 4750 4824 4489 4766 4 169 4384 4622 4869 3967 4214 3904 20600 203.00 203.00 20300 203.00 213.00 213.00 213.00 213.00 213.00 213.00 21300 213.00 213.00 848 984 577 843 951 570 833 956 548 781 986 555 727 823 458 743 681 344 783 771 399 761 764 412 728 869 479 40 31 14 46 33 17 36 33 15 31 35 18 33 26 13 32 23 10 31 24 12 29 26 15 29 30 13 do 530 607 391 315 685 44 1 1 211 Pig Iron and Iron Products Pig iron: Production (including production of ferroalloys) Consumption Stocks end of period . .. Price basic furnace do do T 889 859 831 779 $ per sh. ton.. 20300 Castings, gray and ductile iron: Orders, unfilled, for sale, end of period thous. sh. tons.. Shipments total do.... For sale ... do 964 743 845 846 11,799 6457 11,929 6702 1 114 1079 Castings, malleable iron: Orders, unfilled, for sale, end of period thous sh tons Shipments total do For sale do.... 22 450 206 32 421 199 40 38 19 See footnotes at end of tables. 630 619 44 40 18 817 • 786 817 812 841 859 881 822 782 748 June S-25 SURVEY OF CURRENT BUSINESS July 1982 1980 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1981 May Annual 1982 1981 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May METALS AND MANUFACTURES—Continued Steel, Raw and Semifinished Steel (raw): Production thous sh tons Rate of capability utilization percent Steel castings: Orders, unfilled, for sale, end of period thous. sh. tons. Shipments, total , .,.„ do For sale total do 1 Steel Mill Products Steel products, net shipments: Total (all grades) • thous sh tons By product: Semifinished products . ... .. .. do Structural shapes (heavy), steel piling do... Plates ... . do. Rails and accessories do Bars and tool steel total do Bars: Hot rolled (incl. light shapes) do.... Bars* Reinforcing do Bars' Cold finished .. do Pipe and tubing .do Wire and wire products , do... Tin mill products .. do Sheets and strip (incl. electrical), total. ,. do.... Sheets'1 Hot rolled do Sheets Cold rolled.. . . do By market (quarterly): Service centers and distributors do.,.. Construction incl maintenance do Contractors' products ..... .. .. do.. Automotive do Rail transportation „ . do , Machinery, industrial equip., tools „...„.. do.,.. Containers, packaging, ship, materials do.... Other..... do... Steel mill shapes and forms, inventories, end of period—total for the specified sectors: mil. sh. tons.. Producing mills, inventory, end of period: Steel in process , .. mil. sh tons.. Finished steel .. . do Service centers (warehouses), inventory, end of period mil sh tons Consumers (manufacturers only): Receipts during period Consumption during period.... ., , 9,618 75.9 9,003 68.7 7,962 62.8 7,672 58.6 7,737 59.3 7,178 60.9 8,049 61.7 605 1,878 1,701 385 1,752 1,568 525 150 132 501 151 132 489 127 114 489 137 121 469 146 131 366 144 129 366 127 116 385 122 110 381 115 106 359 114 104 354 131 119 83,853 87,014 7,932 8,148 7,115 7,020 7,039 6,723 5,783 5,666 5,608 5,434 6,163 5,488 5,342 5,207 8,080 1,797 535 414 667 140 529 408 627 116 400 392 584 114 434 395 586 89 437 432 630 88 437 362 543 99 385 313 498 98 389 299 482 81 314 329 463 98 285 323 498 102 325 365 527 91 318 321 393 73 13,258 6,911 4,683 1,585 9,097 1,768 5,709 33,595 12,116 13,313 5,598 4,903 7,397 1,458 13,828 ^,770 4,371 1,620 10,286 1,694 4,927 36,924 13,451 14,396 1,258 722 385 145 1,263 706 399 152 1,115 593 388 128 1,106 528 342 131 1,163 659 364 134 1,140 638 364 133 953 543 296 109 898 471 323 99 912 525 271 112 821 506 205 105 1,015 573 320 117 865 470 298 93 925 150 388 3,456 1,233 1,402 890 155 419 3,739 1,346 1,487 859 137 413 3,102 1,146 1,209 881 130 399 3,001 1,124 1,154 849 135 396 2,910 1,063 1,125 892 133 351 2,765 976 1,085 813 107 327 2,288 863 857 759 102 412 2,246 901 811 753 105 389 2,245 793 869 702 115 449 2,139 768 817 662 133 400 2,645 953 1,030 602 125 328 2,462 828 1,005 16,174 8,787 3,362 12,156 3,178 4,566 5,549 30,082 17,546 8,761 3,225 13,101 2,180 4,646 5,293 32,264 4,997 2,442 892 3,811 548 1,292 1,399 8,806 3,429 1,684 592 2,367 411 960 1,260 6,500 3704 1,812 610 2,472 422 947 1,129 7,075 4 151 2,190 796 3,218 455 1,148 1,278 7938 28.4 30.0 29.8 29.5 30.0 30.5 30.5 30.4 30.5 30.0 9.6 6.9 11.3 7.4 10.4 7.5 10.3 7.2 10.6 7.2 11.1 7.4 11.2 7.5 11.3 7.4 11.3 7.4 11.3 7.4 30.0 29.9 29.5 11.6 7.2 11.3 7.2 11.2 7.1 7,006 55.2 1,058 2 547 2 194 2 890 Z W3 8 266 2 844 2 2,086 5.4 5.3 5.3 5.4 5.3 5.3 5.3 5.5 5.4 5.2 5.2 5,2 6.6 6.4 6.5 6.7 6.8 6.7 6.8 6.1 6.0 6.7 6.1 6.2 6.5 6.0 6.2 6.4 5.8 5.9 6.3 5.0 5.1 5.9 3.9 4.3 6.0 4.7 4.6 6.2 5.3 5.1 6.0 5.8 6.0 5,130 1,377 4,948 1,653 441 139 420 148 426 149 416 139 393 140 396 150 364 129 364 123 351 143 580.5 72.7 698.5 140.1 67.8 13.9 55.9 11.6 63.9 12.5 67.0 11.0 60.5 14.0 55.2 15.6 41.5 14.9 49.3 13.7 38.5 17.5 65.9 19.1 61.7 21.4 60.8 14.1 715.0 315.3 0.6957 344.2 271,2 29.3 30.6 23.5 21.4 29.3 16.0 16.8 15.2 9.2 17.2 23.1 16.0 24.6 16.8 22.1 18.0 18.8 17.8 46.0 18.3 26.6 15.4 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 24.1 21.6 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 0.7600 14,057 10,485 5,862 1,538 13,147 10,310 5,962 1,581 1,189 929 541 139 1,248 957 564 146 1,039 859 494 119 1,119 866 514 132 1,082 871 514 134 1,040 826 476 128 847 665 368 110 909 672 383 98 842 738 430 106 928 734 431 105 120 5,076 6,607 5,600 5,632 5,964 6,086 6,187 6,276 6,524 6,607 6,670 6,746 1,168.3 1,210.9 1,121.9 mo 1,529.0 1,520.7 1,416.5 104.1 130.2 131.7 123.6 8.1 126.4 133.1 125.5 7.6 123.0 120.8 111.5 9.2 135.4 110.3 103.4 6.9 133.9 121.8 114.4 7.4 139.9 128.9 120,5 8.3 134.1 113.4 108.5 6.2 113.3 130.2 123.9 6.2 112.6 106.2 97,3 8.9 107.4 104.9 96.3 8.6 117.2 110.3 6.9 ,.,, do.... 573,0 631.9 55.7 61.5 54.4 58.4 50.2 58.8 32.5 60,1 do., .. do.... 520.3 431.8 502.5 359.3 28.6 21.7 51.1 34.5 41.6 32.2 48.1 37,8 45.7 37.8 52.7 36.7 42.4 30.2 42.3 24.3 45.2 20.6 40.6 15.7 30.8 18.8 30.6 22.3 330.1 17.4 339.7 27,2 33.7 0.9 40.0 3.5 18.5 1.3 22.8 1.7 21.8 3.0 35.0 0.7 19.4 2.1 21.3 1.8 35.2 0.4 21.9 0.6 29.4 0.9 30.5 1.0 2,083 365 2,045 511 1.0242 0.8512 0.7863 0.7878 0.7586 0.7627 1 547 380 0.8580 0.8523 479 409 0.8441 0.8739 0.8472 6,678 50.9 2 5.9 71.8 72.4 Exports: Refined and scrap .. .. do Refined .., ...... , do..., Consumption, refined (by mills etc ) thous sh tons Stocks refined end of period do Price, electrolytic (wirebars), dom., delivered $ per lb.. See footnotes at end of tables. 10,120 77.3 5.3 Price, primary ingot, 99,5% minimum .... $ per lb.. , 10,160 77.6 6.6 69.9 73.4 Aluminum products: Shipments: Ingot and mill prod (net ship ) mil lb Mill products, total do... Sheet and plate , do,... Castings ... do Inventories, total (ingot, mill products, and scrap), end of period .......mil. lbCopper: Production: Mine, recoverable copper..., thous. met. tons.. Refinery, primary , ,. . do From domestic ores do , 10,451 81.5 3 NONFERROUS METALS AND PRODUCTS Aluminum: Production, primary (dom. and foreign ores) thous. sh. tonsRecovery from scrap (aluminum content) ...... do..,. Imports (general): Metal and alloys crude ..... do Plates, sheets, bars, etc...,,. do,... Exports: Metal and alloys, crude ....... ..... . ... do... Plates sheets bars etc do Imports (general): Refined, unrefined, scrap (copper cont.) Refined. 11,423 86.2 3 do.... do.... Secondary, recovered as refined 1 119,912 77.7 111,835 72.8 0.7600 493 511 0.8231 0.8122 0.8029 0,7487 June S-26 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS SURVEY OF CURRENT BUSINESS 1980 1981 Annual July 1982 1982 1981 Aug. July June May Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June METALS AND MANUFACTURES—Continued NONFERROUS METALS AND PRODUCTS-Continued Copper-base mill and foundry products, shipments (quarterly total): Brass mill products mil Ib Copper wire mill products (copper cont.) do ... Brass and bronze foundry products do.... Lead: Production: Mine, recoverable lead thous. met. tonsRecovered from scrap (lead cont ) do Imports (general) ore (lead cont ) metal do Consumption, total do.... Stocks, end of period: Producers', ore, base bullion, and in process (lead content), ABMS thous. met. tons.. Refiners' (primary), refined and antimonial (lead content) thous. met. tons.. Consumers' (lead content) |f do.... Scrap (lead-base, purchased), all smelters (gross weight) thous. met. tonsPrice common grade delivered $ per Ib Tin: Imports (for consumption): Ore (tin content) metric tons Metal unwrought unalloyed ' do Recovery from scrap total (tin cont ) do As metal do Consumption total .. .. . do Primary do Exports incl reexports (metal) do Stocks pig (industrial) end of period do Price Straits quality (delivered) $ per Ib Zinc: Mine prod, recoverable zinc thous. met tons.. Imports (general): Ores (zinc content) . . . do . Metal (slab blocks) do Consumption (recoverable zinc content): Ores . do Scrap all types do Slab zinc: @ Production total $ thous met tons Consumption fabricators . . . . . do . Exports do Stocks, end of period: Producers' at smelter (ABMS) do Consumers' do Price, Prime Western .-. $ per Ib.. MACHINERY AND EQUIPMENT Heating, combustion, atmosphere equipment, new orders (domestic) net qtrly $ mil $ Electric processing heating equipment . . do . Fuel-fired processing heating equip do Material handling equipment (industrial): Orders (new) index seas adj 1967—100 Industrial trucks (electric), shipments: Hand (motorized) number Rider-type do Industrial trucks and tractors (internal combustion engines) shipments . . . . . number . Industrial supplies, machinery and equipment: New orders index seas adiusted 1977 — 100 Industrial suppliers distribution: t Sales index seas adjusted 1977—100 Price index, not seas. adj. (tools, material handling equip., valves, fittings, abrasives, fasteners metal products etc ) 1977 — 100 Fluid power products shipments indexes: * Hydraulic products seas adj 1972—100 Pneumatic products seas adj . do Machine tools: Metal cutting type tools: Orders, new (net), total mil $ . Domestic do Shipments total do. . Domestic do.... Order backlog end of period do Metal forming type tools: Orders, new (net), total do.. . Domestic do Shipments total . do . Domestic do.... Order backlog, end of oeriod do.... See footnotes at end of tables. 716 738 125 558 628 109 2467 2,783 489 2636 2,816 471 549.5 6756 '444.1 5673 689 1,125.3 27.5 441 115 89.1 17.1 467 24 91.0 317 464 100 81.1 491 39 135.3 83.3 108.3 111.1 54.8 95.8 79.5 98.1 57.1 89.1 47.3 93.2 59.6 04246 41.7 03653 38.4 03641 39.1 0 3797 842 45983 118 638 *1703 1 56,362 144 342 4293 5504 84600 232 45 873 15010 l'?05 48450 38750 5989 5988 73305 4831 1285 160 4400 3500 343 5978 65806 411 6227 65839 1019 6465 68981 334.9 305.3 24.8 23.1 236 246 283 28.0 254 234 24.2 113.8 3290 1177 6026 10.2 523 133 717 85 554 136 508 114 430 78 482 37 593 92 328 67.6 2361 582 224 1 49 189 52 190 32 173 32 175 46 18 5 46 19 5 46 187 53 186 *3699 *811.1 03 3418 834.7 03 267 702 270 662 01 187 226 0.3743 346 721 0.4455 3483 82.8 1565 4700 106.9 2254 3755 3820 431 9 3696 446 2 2925 4139 324 2 3887 377 8 3230 4280 20495 24,110 18734 19,784 1559 1,551 1735 1,722 1383 1^258 1 596 1,492 1765 1,812 1571 1,722 1586 1,814 1569 1,976 1250 1,447 1398 1,452 1665 1,828 39448 31,885 2,563 2962 2366 2,482 2,721 2,622 2,622 2,551 2,277 2,053 2,430 1098 52.1 1,070.3 o 292 73.6 (2) 156 664 0.4520 652 702 116 93.1 47.3 509 78 110.4 39.6 522 30 94.5 41.2 487 21 89.6 1172 1160 1069 1005 88.0 833 437 96.3 41 1 97.4 459 105.0 598 98.9 719 101.0 795 98.1 46.1 04098 509 04389 528 04032 54.0 03705 45.8 03388 417 03107 41.7 02967 36.8 02870 0 295 4216 2312 1 270 1025 160 85 2950 3400 2200 2500 1 180 4748 5988 3872 79352 77590 72 1089 1 150 95 3300 2500 1610 3 490 74519 441 3829 6 6917 65600 32 20 6.1 330 6.3 362 24 264 46 171 42 168 o 4359 1 345 135 4350 3200 280 772 (2) 162 663 0.4612 40.5 455 56 93.9 47.8 525 43 99.9 o 3440 1 215 'l85 3900 2900 300 644 (2) 189 689 0.4625 38.1 o o o 232 3261 2819 3038 3951 1 310 1 225 1 280 1 150 140 'l25 155 115 3400 4200 3950 3900 2500 3000 3000 2950 287 253 171 471 5663 5 710 5325 5563 75339 78022 79560 82147 304 724 (2) 208 705 0.4747 (2) 195 724 0.4872 245 721 0.4587 266 598 (2) 316 729 0.4615 1268 23.2 709 998 360 638 230 520 (2) 346 721 0.4259 482 34 84.4 49 3.8 789 79.3 81.2 85.7 683 92.0 700 88.4 02764 02606 162 2742 149 3145 242 55.1 (2) 367 701 0.4217 216 55.2 (2) 412 670 0.4272 02609 ' 3,750 2800 214 (2) 454 193 66284 215 (2) 418 399 0.3923 0.3467 353 1137 20.2 610 1153 28.4 540 1216 1,386 1,658 1 228 1,402 1,587 1156 1157 1182 121 9 1192 1156 1126 111 7 1105 107 6 104 1 989 919 1345 1423 140 2 1409 1494 1506 1472 1479 1400 1325 1352 1309 1333 1344 1235 1312 1443 143 6 144 2 1458 1462 146 7 1474 1483 1492 1502 1516 1526 1529 1537 272 234 279 249 267 244 294 245 310 266 287 267 301 243 269 242 276 252 271 251 263 252 255 245 246 225 233 215 218 193 3 884.75 2,228.10 3 495 50 1 945 80 3 680.80 4,104.50 3,206.00 3,552.45 47497 2 873.3 869.55 66495 1 010.95 878.55 384.8 716.75 61685 991.10 824.20 427.0 179.00 253.65 136.85 167.45 150.95 157.10 135.40 112.55 162 35 20605 121.95 14570 14045 14580 11565 10105 331.95 412.95 295.35 259.60 365.35 334.60 329.75 398.60 274.10 352.45 255.95 228.35 336.05 305.70 287.35 358.85 4 155.6 3,996.2 38378 3 745.6 3 531.2 33537 3 1594 28733 50.00 4290 79.35 67.10 617.8 64.50 56.95 95.85 75.45 586.4 55.15 48.60 71.75 62.35 569.8 46.70 4295 65.80 56.05 550.7 36.35 3100 76.10 67.25 511.0 59.40 5020 72.30 60.25 498.0 60.35 5285 78.40 70.00 480.0 39.25 3290 9230 79.95 427.0 155.95 123.15 105.75 115.10 61.70 12490 11330 9020 107 55 4895 307.15 293.15 332.75 rr239.45 246.60 284.50 273.75 303.05 r 214.60 224.15 27221 25521 2325 1 2 200 8 -20158 4925 4125 7640 49.60 399.8 40.65 3590 6645 57.50 374.0 32.05 2675 7830 73.15 327.8 r 37.70 r 2995 6000 56.30 r 299.4 37.45 2675 4935 44.95 287.6 S-27 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual 1982 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June METALS AND MANUFACTURES—Continued MACHINERY AND EQUIPMENT—Continued Tractors used in construction, shipments, qtrly: Tracklaying total units mil $ Wheel (contractors' off-highway) units.. mil $ Tractor shovel loaders (integral units only), wheel and tracklaying types . units mil $ . Tractors, wheel, farm, nonfarm (ex. garden and construction types) • ship Qtrly . units mil $. ELECTRICAL EQUIPMENT Batteries (auto.-type replacement), ship thous.. Radio sets production total market thous Television sets (incl. combination models), production, total market .thous.. v Household major appliances (electrical), factory shipments (domestic and export) $ thous Air conditioners (room) do Dishwashers .. .. .. do Disposers (food waste) do Ranges . .... ,. , do Refrigerators do Freezers .. do Washers do.... Dryers (incl gas) do Vacuum cleaners (qtrly.) do.... GAS EQUIPMENT (RESIDENTIAL) Furnaces gravity and forced-air shipments thous Ranges total sales do Water heaters (storage), automatic, sales @ do.... 16503 1 306,1 4,781 3875 4474 425.3 1,140 104.3 3848 4126 1,127 1124 9666 4669 7505 3544 39 145 9058 33732 815.0 15625 1,534.6 45480 1,697 1 146 274 3 183.4 142 831 3,519.8 50,063 28104 53,597 31 476 3488 2519 3658 22739 4037 2364 5,278 3 661 18,532 18,480 1,390 2 1,777 1,216 1,494 30260 3204 2738 2962 2530 5124 1681 4,550 3177 7,439 30,336 3692 2484 3 178 2325 4944 1561 4,365 2977 7,785 2613 477 192 253 193 428 142 346 221 3 136 653 220 230 219 542 206 402 247 1944 2683 283 190 237 200 511 227 376 243 1446 1538 2,818 1417 1496 2,785 105 123 226 108 134 235 115 110 204 4 875 4 2905 304.9 4 796 4 33271 861.0 4 7649 4 180.5 10 584 4 268.6 5,012 1814 4,897 2012 4,269 1671 1,250 1,208 1,344 86.1 93.9 4 3.611 1609 3,584 2460 1,499 1,375 1,292 2,177 361 160 214 143 324 99 347 234 2,650 572 151 272 161 343 117 383 253 1911 2,452 517 201 175 169 379 107 345 214 2,232 419 169 200 150 359 112 322 195 80 99 239 69 107 268 85 120 305 472 147 643.7 508 44 643.7 613 84 645.9 79 648.1 41 648.0 637.5 814,716 37,276 61,902 73,345 78,204 79,823 86,074 75,326 73,250 62,951 68,478 724,953 54,372 59,147 66,764 65,169 58,975 58,405 57,822 64,114 595,575 44,909 49,975 56,042 54,350 48,385 47,685 46,873 52,968 57,195 48,975 9,200 8,962 10,459 10,580 10,270 10,290 10,374 10,390 124,498 5,319 4,250 60,860 5,030 5,150 5,433 5,417 4,451 4,833 210 4,880 320 263 756 575 430 263 239 179,064 162,929 152,515 148,423 151,041 158,651 169,103 176,776 179,064 163,356 148,407 139,439 134,855 136,981 144,097 154,165 161,454 163,356 152,935 152,735 15,708 14,522 13,076 13,568 14,060 14,554 14,938 15,322 15,708 5,027 6,179 4,452 6,446 6,446 6,357 6,268 5,602 4,800 6,029 r 8,918 5,911 5,872 10,414 11,034 11,589 12,105 11,676 11,462 110,243 525.3 520.6 506.8 488.2 510.2 507.6 506.0 501.9 503.2 484.4 493.7 83,100 10,335 522.3 10,742 527.8 10,057 529.8 529.9 6,096 3233 6,201 3767 4,668 3216 1,981 1,550 1,474 2436 64 236 288 190 450 152 398 254 2357 52 202 234 176 456 111 416 293 1955 2342 90 220 331 191 383 89 612 260 1,854 94 165 197 163 272 62 267 217 1,831 163 144 206 152 264 76 246 189 1767 1,947 191 169 220 147 276 89 306 228 120 121 204 125 136 202 139 128 224 111 119 203 95 124 211 394 101 643.7 2 2 2 2 3,839 1816 2 2 PETROLEUM, COAL, AND PRODUCTS COAL Anthracite: Production thous. sh. tonsExports do.... Price wholesale * Index 1967—100 Bituminous: Production t thous. sh tons. Consumption, total do.... Electric power utilities .. do Industrial, total do. .. Coke plants (oven and beehive) do.... Residential and commercial do Stocks end of period total . do Electric power utilities do. . Industrial, total do.... Oven-coke plants do Exports .. .. .. do Price wholesale Index, 1967—100.. COKE Production: Beehive and oven (byproduct) thous. sh. tons.. Petroleum coke § do Stocks, end of period: Oven-coke plants, total do. . At furnace plants do At merchant plants do. Petroleum coke $ , do.... Exports . do PETROLEUM AND PRODUCTS Crude petroleum: Oil wells completed numberPrice wholesale. .. Index 1967—100 Gross input to crude oil distillation units mil. bbl.. Refinery operating ratio % of capacityAll oils, supply, demand, and stocks: $ New supply total t! • mil bbl Production: Crude petroleum do Natural gas plant liquids do.... Imports: Crude and unfinished oils doRefined products do.... Change in stocks, all oils (decrease,—) do.,.. Demand, total do.... Exports: Crude petroleum .. .. ... do , Refined products do.... See footnotes at end of tables. 6,056 1,795 463.7 823,644 669,061 568,322 125,815 66,493 4,924 1 199,077 178,269 20,808 9,017 89,882 466.5 46,132 27,094 5,423 2,249 582.2 240 170 552.8 42,786 28,296 ""2,354 477 282 572.0 566 332 589.7 534 278 597.3 9,853 2,395 ""2,360 ""2,425 869 89 4,990 4,554 437 758 206 813 73 37,644 803.5 2,604 839.9 3,497 815.9 5,049.3 76 4,656.5 69 389.2 67 6,266.9 5,905.7 3,146.4 591.8 3,124.6 597.9 1,946.2 582.5 3 79.3 6,441.7 104.9 94.3 417 307 619.9 457 252 629.1 550 171 642.5 11,175 2,466 ""2,348 ""2,445 10,580 2,622 2,420 2,207 2,551 2,428 829 48 894 105 939 97 959 37 154 3,459 718.2 790 60 5,198 4,805 394 765 94 708 123 836 67 6,724 6,320 403 900 134 2,790 798,9 3,137 796.8 3,416 796.8 3,775 788.2 3,587 785.9 4,581 787.2 2,790 787.2 3,049 '770.3 3,750 745.0 3,683 718.0 381.9 68 389.9 67 409.3 71 382.5 68 383.3 67 378.2 68 395.1 69 372.9 66 325.4 65 361.7 65 353.0 66 490.4 470.5 490.7 494.2 498.2 500.5 476.2 501.3 480.2 418.6 454.9 437.5 263.4 50.2 258.5 49.3 261.1 49.5 265.9 50.5 257.6 50.9 264.8 51.6 257.8 50.1 267.3 51.1 268.7 49.2 243.3 44.0 266.5 50.1 259.6 49.3 1,642.8 540.4 68.3 6,057.2 133.5 43.3 23.5 489.5 125.2 37.4 -8.9 492.5 135.3 44.8 5.8 504.8 134.0 43.9 14.5 492.3 145.3 44.4 22.3 484.1 140.7 43.4 7.6 513.9 124.0 44.3 17.9 486.3 135.7 47.1 -17.6 535.0 118.6 43.6 -27.7 518.3 86.9 44.4 -29.5 468.9 92.7 45.6 -30.5 509.7 88.0 40.6 -51.0 505.0 83.2 133.9 9.7 8.8 3.7 8.9 8.0 9.7 6.3 13.6 5.8 9.8 7.0 15.9 8.3 12.7 5.9 14.5 7.4 18.3 8.5 14.0 10.0 17.4 5.2 18.3 8,627 7,521 1,106 3 846 2,162 6,724 6,320 403 900 1,251 27,026 556.4 3,899 718.5 SURVEY OF CURRENT BUSINESS S-28 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual July 1982 1981 May June July Aug. 1982 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June PETROLEUM, COAL, AND PRODUCTS—Continued PETROLEUM AND PRODUCTS—Continued All oils, supply, demand, and stocks $—Continued Domestic product demand, total # do.... Gasoline do Kerosene do Distillate fuel oil . do Residual fuel oil do . Jet fuel do Lubricants do Asphalt do Liquefied gases do Stocks end of period total do Crude petroleum do Strategic petroleum reserve do.... Unfinished oils natural gasoline etc do Refined products do Refined petroleum products: $ Gasoline (incl. aviation): Production mil. bbl.. Stocks end of period do Prices (excl. aviation): Wholesale, regular Index, 2/73=100.. Retail, regular grade (Lundberg/Platt's): $ Leaded $ per gal.. Unleaded* do Aviation gasoline: Production mil bbl Stocks, end of period do Kerosene: Production . . . do Stocks, end of period do.... Price, wholesale (light distillate) Index, 1967=100.. Distillate fuel oil: Production mil bbl Imports do Stocks, end of period do.... Price, wholesale (middle distillate) Index, 1967=100.. Residual fuel oil: Production mil bbl Imports do Stocks, end of period do.... Price wholesale Index 1967—100 Jet fuel: Production mil. bbl. Stocks end of period do Lubricants: Production do... Stocks end of period do Asphalt: Production . do Stocks end of period do Liquefied gases (incl, ethane and ethylene): Production total do . At gas processing plants (L P G ) do At refineries (L R G ) do Stocks (at plants and refineries) do 6,242.4 24205 580 10490 9180 390 7 583 1424 5378 114202 *4829 1 107.8 *1920 *7453 5,840.2 24149 462 10328 7525 3686 560 1248 5422 14885 5988 230.3 1768 7129 2,394.1 ^135 2,350.8 2058 190.9 2150 1878 1963 2002 1877 206.3 1906 198 1 1932 200.9 1929 198.3 2029 206.0 2058 192.3 2168 576.7 666.0 690.4 685.6 677.4 668.4 666.4 666.1 661.7 657.7 651.7 1.217 1261 4 08 27 08 27 27 126 37 12.4 45 11.1 1,044.6 1,043.2 1,042.7 1,037.9 772 36 201.2 819 34 200.0 887 29 190.2 () (*) 487.1 471.1 479.9 472.3 468.6 491.1 465.2 514.6 492.6 446.4 482.3 481.4 207 2 205 7 211 2 2125 2005 2055 1925 2089 1705 1842 205 8 207 5 44 27 29 27 26 28 62 64 36 41 50 34 742 739 101 0 73 1 738 759 866 866 1057 89 2 893 899 573 548 598 619 563 578 563 679 666 633 593 560 318 286 31 1 337 309 29 0 29 8 307 31 2 297 30 3 300 4g 47 43 51 43 37 44 39 53 42 42 46 138 158 137 58 29 108 152 139 99 43 52 71 474 42 i 399 350 49 2 51 8 58 1 398 388 47 6 47 4 458 1 4469 1 4380 1 443 8 1 4583 1 480 7 1 4883 1 506 2 1 488 5 1 4609 1 431 4 1 400 9 1349 9 5988 5553 5499 5607 5843 '5948 6062 6122 6142 '6110 5523 5656 230.3 222.5 214.8 235.3 2485 1501 163.1 1731 184.7 1992 241.2 2555 1826 1783 1780 1768 1815 1840 1784 1854 1873 1810 1799 1835 6733 7330 7260 7129 7092 695 4 6971 7258 7400 635 2 560 4 603 1 1398 1 448 1398 1 449 1398 1450 1397 1449 1.398 1 450 11 21 13 22 12 23 11 26 128 *23 115 27 12 21 501 U1.4 436 11.1 35 12.6 31 132 28 13.2 30 13.6 863.4 1,039.8 1,084.1 1,078.9 1,067.5 1,052.6 974 1 519 1 205A 9549 610 190.2 76 1 51 171.9 750 60 180.2 745 55 186.7 823 49 200.3 1,079.8 1,076.7 27 13.8 783 39 206.8 166.3 216 1 1868 2015 183.7 1820 642.3 622.9 580.6 06 27 06 27 07 26 05 24 44 9.6 43 9.1 33 88 36 96 1,044.3 rl,034.3 1,026.6 1,007.9 r 556.9 582.7 974.7 973.1 925.0 971.6 4 () (4) 10 26 81 1 30 166.0 685 36 146.7 71 1 15 127.7 707 18 108.8 850.6 1,058.1 1,092.5 1,092.2 5784 3436 1 91.5 9612 4803 2906 78.3 12390 349 38 1 402 367 347 379 370 364 365 382 31 8 38 6 228 162 257 254 253 240 285 254 260 282 229 252 573 701 69.3 74.8 783 53.6 78.5 800 808 798 58 1 68.2 13182 12558 12061 1 2464 1 1924 1 179 1 1 174 3 1 1809 12198 1 177 6 1 163 0 1 1790 1 1894 12272 365.6 H24 353.5 405 31.2 447 298 454 32.2 449 303 449 280 433 280 428 289 419 293 405 278 372 280 370 347 425 30.3 441 use 65.1 60.6 142 5.4 131 51 136 5.0 133 53 14 1 44 137 49 129 50 139 51 142 43 144 41 143 43 137 4.5 134 1412 X 188 1242 195 118 293 119 276 127 254 134 231 119 21 3 107 18 4 90 176 76 195 65 231 54 243 70 26 1 8.0 27 1 561.8 4409 1208 *1280 583.4 4679 1156 1370 498 398 10 1 1269 473 375 98 1327 473 378 95 1406 484 378 106 148 1 486 393 93 151 3 498 406 92 1487 500 410 9.0 1464 499 41 0 89 1370 47.9 403 7.6 1222 41.3 348 66 1135 47.2 392 8.0 1090 47.0 391 7.8 1058 (2) 303 42 261 310 9 301 319 62 257 296 10 286 316 52 264 306 22 284 1,067.8 1,056.1 1,047.5 1,060.6 1,067.8 1,058.2 1,025.3 950.0 PULP, PAPER, AND PAPER PRODUCTS PULPWOOD AND WASTE PAPER Pulpwood: Receipts thous cords (128 cu ft ) Consumption do.... Stocks end of period .. do Waste paper: Consumption thous sh tons Stocks end of period do WOODPULP Production: Total all grades # . . . . thous sh tons Sulfate Sulfite Groundwood Semichemical . . Stocks, end of period: Total, all mills.-. Pulp mills Paper and board mills Nonpaper mills Exports all grades total Dissolving and special alpha All other Imports, all grades, total Dissolving and special alpha All other See footnotes at end of tables. . . 3 81 3 007 79,703 6697 3 3 79 547 3 6465 6716 5123 6649 6,790 4985 6799 6,526 5464 6706 6,656 5,552 6774 6,645 5693 7206 7,058 5917 6258 6,459 5600 5972 5,658 6,045 13 523 11042 1 159 866 1204 925 1063 940 1 190 959 1 109 958 1 135 949 1016 941 966 993 (2) 51 783 1,366 39597 1,812 5038 3940 4584 125 3516 165 425 353 4398 120 3351 159 430 338 4057 102 3129 126 387 313 4513 140 3445 155 444 330 4309 102 3309 149 427 322 4459 113 3443 154 423 326 4268 129 3251 147 407 301 3590 85 2675 130 420 279 (2) 1,198 690 454 54 3 3678 784 3 2 894 3 4,086 201 3 3.885 1,088 607 430 51 363 61 302 414 26 388 1,154 614 488 53 359 70 289 349 8 341 1,224 667 497 59 237 65 172 329 25 304 1,287 730 505 52 300 65 236 323 10 313 1,141 602 485 54 347 63 284 279 24 255 1,267 745 462 60 274 62 212 406 27 379 1,341 842 443 56 267 53 1 214 318 10 308 1,198 690 454 54 315 85 230 269 8 262 (2) 79,604 6045 13 185 831 3 3 do do.... do do . 52 055 1418 38931 l;911 4887 3938 do.... do do.... do do .. do .. do do.... do do.... 944 439 449 57 3 3805 769 3 3037 3 4,051 194 3 3.858 3 (2) (2) (2) (*) (2) (2) (2) (2) (2) (2) (2) 221 50 172 270 26 244 326 69 257 302 8 294 S-29 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual 1982 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June PULP, PAPER, AND PAPER PRODUCTS—Continued PAPER AND PAPER PRODUCTS Paper and board: Production (Bu. of the Census): All grades total unadjusted thous sh tons Paper do Paperboard do Wet-machine board .,.„ .. . ..do Construction paper and board do Producer price indexes: Paperboard 1967= 100.. Building paper and board do.... Selected types of paper (API): Groundwood paper, uncoated: Orders new thous sh tons Orders unfilled end of period . do Shipments ... ... , do Coated paper: Orders new . . . . do Orders unfilled end of period do Shipments • do Uncoated free sheet papers: Orders, new ., doShipments do Unbleached kraft packaging and industrial converting papers: Shipments thous sh Tissue paper production Newsprint: Canada: Production thous metric Shipments from mills . . ..... .. Stocks at mills end of period United States: Production Shipments from mills . Stocks at mills end of period 66 439 30669 31561 160 3846 5757 2591 2 745 15 360 5724 2622 2*734 11 357 5347 2 451 2543 12 342 5653 2603 2705 14 332 5548 2556 2688 14 290 5592 2676 2629 14 273 5252 2500 2497 9 247 4693 2309 2177 9 197 234.6 206.2 258.1 2317 258.8 2373 259.2 2374 259.4 235.5 260.6 2342 261.6 234.2 261.7 233.3 261.6 232.1 260.0 230.3 259.7 233.8 1 475 110 '1498 "1 434 ' r 99 rl l 447 128 117 121 107 106 120 125 119 111 130 122 126 118 134 110 117 117 133 95 90 116 122 112 113 113 89 110 *4753 391 4673 rl 405 320 411 406 313 411 407 341 387 424 340 422 409 317 434 448 324 439 396 319 399 363 308 389 397 343 404 X rl 7 726 ng 225 698 731 612 695 639 645 633 675 627 688 677 713 570 655 592 599 628 676 13 891 4 495 342 386 317 374 298 347 330 395 318 372 311 390 326 373 269 350 311 355 7694 ig326 4r853 360 14949 tons do 13930 14375 tons do do 8625 8622 165 8946 8915 194 770 744 251 748 776 223 726 738 211 677 652 236 707 708 235 815 795 255 769 773 252 743 800 194 do do do 4239 4234 21 4753 4735 38 10 165 404 395 39 814 405 401 43 10089 402 400 30 897 791 426 421 48 827 400 410 38 839 420 417 41 922 412 407 46 914 732 7279 961 6977 847 622 902 568 952 568 928 502 944 959 649 947 513 308 1 301 9 301 9 309 3 316 8 20486 20434 21094 Consumption by publishers ft do Stocks at and in transit to publishers, end of period thous metric tons • Imports thous sh tons Price, rolls, contract, f.o.b. mill, freight allowed or delivered Index 1967—100 Paper products: Shipping containers, corrugated and solid fiber shipments mil so. ft surf area Folding paper boxes shipments 65834 30 164 31 143 138 4390 thous sh tons mil. $.. 3 2793 241 377 rl 3 244 429 19 938 20933 (5) (5) (") (5) (5) 783 671 304 261.4 231.4 261.1 237.5 261.2 235.5 258.8 239.5 112 r 95 108 121 r 97 124 142 115 122 122 114 119 407 332 437 r 407 r 345 r 384 303 410 r 713 r r 637 r 608 659 288 359 270 390 694 703 327 743 718 353 385 376 86 885 r 411 361 389 r 612 658 r 324 365 719 709 326 r 745 343 405 r 760 750 336 409 688 r r r r 359 367 38 892 415 406 46 *790 378 376 48 r 775 420 413 55 r 868 396 374 76 863 624 961 557 981 585 1038 524 1068 608 1 045 503 1011 620 316 8 3168 3168 3168 *318 1 318 1 3300 3240 21867 18189 17 600 18961 18638 21218 19941 18720 49.68 130.51 42.56 14243 54.59 13836 53.56 13439 54.40 6700 5623 50.99 0488 45.71 5386 5619 0456 4913 0483 51.64 138.02 5933 0465 0470 0453 0453 r 255.9 239.4 3210 (2) 2 f ) RUBBER AND RUBBER PRODUCTS RUBBER Natural rubber: Consumption , Stocks end of period thous metric tons.. do Imports incl latex and guayule thous Ig tons 586 15 12667 59831 4 0730 63467 14243 66241 4Q576 Price wholesale smoked sheets (N Y ) $ per Ib Synthetic rubber: Production , ,, thous metric tons.. 2 015 24 2,021 45 Consumption .. .. do 1 854 01 1 889.71 Stocks end of period do Exports (Bu of Census) .. thous Ig tons TIRES AND TUBES Pneumatic casings, automotive: Production...., , ,, .... ..thous. Shipments total Original equipment Replacement equipment Exports Stocks end of period .. Exports (Bu of Census) imer tubes, automotive: Exports (Bu. of Census) See footnotes at end of tables. , ., do do.... .. do do do. do do.... 34177 42278 34902 33463 5636 11353 4159 0560 51.07 11122 4340 0540 5213 11437 6276 0504 5732 12297 0580 5952 11951 5047 0570 175 92 167 10 36829 3200 15818 15413 35979 2855 161.50 14469 159.72 16499 168.90 15672 157.68 14113 125.51 131.88 140.49 143.09 145.76 138.94 170.32 149.88 154.86 13463 36944 2627 35340 21.97 33347 2440 169.98 163.75 35257 23.94 36438 22.49 34902 21.65 34036 2776 340.43 23.46 35630 31.18 37691 2653 2473 15406 19324 4,538 14290 496 38570 1 040 14277 17380 3,026 13901 453 37 116 830 14,902 17583 2,813 14407 363 36,709 1 134 15851 17982 3,123 14 503 356 36,088 725 16534 18 179 3537 14 168 474 36556 653 13,750 13992 2,758 10823 411 41 112 990 11,855 13544 2,363 10,820 361 40,863 485 14,866 14 144 2478 11365 301 42904 385 15,387 13704 2,769 10573 362 46254 461 17,051 17312 3,697 13 216 399 47,817 614 15,077 17676 3,679 13.652 345 46,583 454 14,856 18216 3,970 13,989 257 45,337 463 350 337 259 268 208 231 141 151 254 174 102 5393 12405 6636 159,263 181762 15 157 177 063 201 105 18 048 40227 41711 r4346 131 271 153 716 13 226 476 5565 5678 33298 40,863 '43,480 9058 11088 1072 4,557 3,428 252 250 6942 0461 S-30 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown hi the 1979 edition of BUSINESS STATISTICS 1980 1981 Annual July 1982 1982 1981 June May July Aug. Sept. Nov. Oct. Dec. Jan. Feb. Mar. Apr. 25,729 28,213 305.6 309.8 May June STONE, CLAY, AND GLASS PRODUCTS PORTLAND CEMENT Shipments, finished cement .. .. thous. bbl.. ^04,569 rl382,452 CLAY CONSTRUCTION PRODUCTS Shipments: Brick, unglazed (common and face) 5,199.9 mil. standard brick.. 6,090.1 Structural tile, except facing thous. sh. tons101.5 91.9 Sewer pipe and fittings, vitrified do.... 758.7 462.2 Facing tile (hollow), glazed and unglazed 45.4 35.3 mil. brick equivalentFloor and wall tile and accessories, glazed and unglazed.... mi so ft 297.6 287.8 Price index, brick (common), f.o.b. plant or N.Y. dock : 1967=100.. 280.8 300.2 GLASS AND GLASS PRODUCTS Flat glass, mfrs.' shipments..... ,... thous. $.. 868,459 952,283 Glass containers: Production.... thous. gross.. 327,022 321,439 Shipments, domestic, total $ .. ....... do . 323,816 316,618 Narrow-neck containers: Food , .. do . 24,808 28,682 Beverage do.,.. 61,032 60,487 Beer . . . . do 122,678 113,066 Liquor and wine..,.. do.... 24,007 24,574 Wide-mouth containers; Food and dairy products thous gross . 61,212 62,417 Narrow-neck and wide-mouth containers: 5 Medicinal and toilet .. . do.... 26,250 25,270 5 Chemical, household and industrial do.... 2,689 3,262 Stocks end of period do 46,676 46,683 GYPSUM AND PRODUCTS Production: Crude gypsum (exc. byproduct) .... thous. sh. tons.. 11 12,376 11,434 Calcined do 11,848 11,359 Imports crude gypsum . do 7,365 7,593 Sales of gypsum products: Uncalcined ... , do.... *5,544 H,904 Calcined: Industrial plasters ... do 409 '370 Building plasters: Regular basecoat . do 217 *225 All other (incl. Keene's cement) do.,.. 161 157 Board products, total , mil. sq. ft.. 14,131 43,759 Lath do 78 59 Veneer base . .. ., do 339 325 Gypsum sheathing , , do.,.. 190 208 Regular gypsum board do.... 9,923 ^,295 3,266 Type X gypsum board do 3,446 Predecorated wallboard . .. do ... 105 122 4 229 5/16 mobile home board do 304 34,181 38,074 38,872 37,489 37,303 36,266 29,590 23,495 15,149 17,755 501.1 8.8 38.9 484.1 6.8 35.8 477.3 7.0 42.8 445.4 6.0 42.6 440.6 7.3 41.1 431.3 10.6 41.7 352.6 6.1 30.9 276.7 5.1 21.9 176.7 3.2 14.9 213.7 2.7 13.4 3.0 3.6 3.2 2.7 3.0 3,2 2.4 2.6 1.8 1.6 24.1 24.5 25.6 25.2 25.3 23.7 21.5 22.8 20.7 20.7 301.3 302.4 302.8 302.8 303.2 303.1 303.8 303.8 303.8 248,658 243,260 r 304.2 194,972 226,926 28,209 26,817 29,532 30,223 27,751 29,172 29,449 27,342 25,943 26,478 29,305 25,865 23,849 23,823 19,912 23,600 2,426 5,188 10,625 1,840 2,675 6,476 11,327 2,146 2,589 6,325 11,459 1,795 2,727 5,724 9,657 1,827 2,812 4,809 8,733 1,937 2,297 4,596 8,487 2,124 1,928 4,454 8,175 1,893 4,627 5,165 4,904 5,247 5,616 5,955 5,214 5 24,442 24,626 26,095 23,213 1,968 4,488 8,208 1,832 2,517 3,668 8,535 2,076 2,208 4,082 8,450 1,511 5,019 5,485 4,899 6 r 29,204 27,344 26,671 26,190 2,579 5,285 9,503 1,894 2,488 5,156 9,495 1,841 '5,752 4,988 r r r 2,203 128 50,405 2,069 153 50,959 844 688 397 820 919 405 886 971 218 308 294 277 327 26 25 26 30 40 15 10 955 3 21 15 629 258 10 19 16 10 965 4 22 15 633 259 10 23 17 9 876 3 18 15 564 236 9 31 21 13 1,087 4 25 18 704 286 11 39 16 7 1,100 3 24 20 716 286 10 41 828 236 391 794 334 459 642 343 301 3 657 3 255 3 402 740 317 423 601 326 275 541 205 336 111 327 450 653 337 316 602 233 368 798 359 438 650 343 307 3 763 3 304 3 378 391 3 12567 12566 2,257 9488 821 11 424 11 422 1,810 8,729 883 1,889 222 51,053 2,172 262 50,255 1,902 198 48,478 1,941 219 49,633 2,339 232 48,163 2,172 234 50,420 2,041 5 118 50,278 1,947 138 46,683 977 1,067 715 1,008 976 710 1,054 838 812 891 986 630 1,030 970 642 866 924 623 924 778 703 862 825 500 441 487 411 435 521 452 419 448 32 36 32 29 31 36 29 16 15 1,102 4 26 19 740 271 11 31 16 14 1,164 5 29 17 782 292 11 28 20 13 1,234 5 32 19 827 313 11 27 19 12 1,146 5 27 17 763 295 11 28 19 13 1,127 4 27 19 748 291 10 28 21 12 1,133 4 25 17 752 297 10 28 18 9 982 4 21 15 655 258 9 20 2,215 130 46,462 r 784 872 375 1,948 115 49,124 r r TEXTILE PRODUCTS FABRIC Woven fabric, finishing plants: * Cotton ,. ... , .. Manmade and silk fiber Inventories held at end of period ... Cotton , do do do do Backlog of finished orders do Cotton do Manmade and silk fiber do COTTON Cotton (excluding linters): Production: Ginnings U ., thous. running bales Crop estimate thous net weight bales § Consumption thous running bales Stocks in the United States, total, end of period # thous running bales Domestic cotton total .. ...... do... On farms and in transit do.... Public storage and compresses do Consuming establishments , do.... See footnotes at end of tables. 8 420 3,'531 4990 769 339 430 8495 4577 4219 2 10,826 2 11 122 6135 9261 9,260 2,502 5927 831 686 267 419 111 341 436 839 446 393 3 663 3 335 3 150 15 646 5409 441 8 13777 13776 3,752 9268 756 4109 4 108 278 2808 1,022 8 176 3212 5 163 740 317 423 9018 4711 4307 528 730 315 415 761 375 386 2 15 2 519 188 331 747 318 429 770 376 394 659 251 408 789 325 464 745 369 376 3 609 3 306 3 715 364 351 668 256 412 780 329 451 687 348 339 44 427 1725 5539 10 157 517 448 403 13,502 15570 MOO 16327 16326 13,692 1940 694 15628 15627 10,906 4059 662 14907 14907 7,170 7064 673 13777 13776 3,752 9268 756 531 385 429 3217 3216 81 2202 933 2595 2,594 25 1,687 882 16970 16,969 14,669 1491 809 502 776 333 443 3 459 784 362 422 666 363 303 493 404 10060 10058 1,221 7921 916 8981 8,980 962 7 113 905 310.9 311.4 SURVEY OF CURRENT BUSINESS July 1982 Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 S-31 1982 • 1981 Annual May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May TEXTILE PRODUCTS—Continued COTTON AND MANUFACTURES-Cont. Cotton (excluding linters)—Continued Exports ... thous. running bales.. Imports thous net-weight bales § Price (farm), American upland fl cents per lb.. Price, Strict Low Middling, Grade 41, staple 34 (1-1/16"), average 10 markets cents per lb.. Spindle activity (cotton system spindles): Active spindles, last working day, total milConsuming 100 percent cotton do.... Spindle hours operated, all fibers, total bil.. Average per working day do.... Consuming 100 percent cotton do ... 8,021 17 54.5 458 0 72.5 320 (6) 71.2 264 0 70.4 990 (6) 65.0 261 f 58.0 262 0 62.3 478 0 60.1 737 1 51.2 653 0 49.9 754 0 48.4 873 (6) 50.1 676 4 53.5 53.6 3 3 83.0 78.5 78.1 75.1 66.5 60.8 60.6 57.5 55.1 57.8 57.3 59.7 62.3 62.4 15.9 6.0 102.4 0.388 42.0 15.4 5.5 91.8 0.357 33.6 15.6 5.8 7.4 0.371 2.7 15.6 5.7 4 8.9 0.358 4 3.2 15.6 5.7 6.8 0.339 2.4 15.6 5.6 7.3 0.363 2.5 15.5 , 5.5 8.9 0.358 4 3.1 15.4 5.4 7.4 0.371 2.6 15.3 5.5 7.0 0.349 2.5 15.4 5.5 4 6.9 0.278 4 2.5 15.4 5.5 6.5 0.327 2.3 15.3 5.5 6.8 0.339 2.4 15.4 5.5 4 8.3 0.334 4 3.0 14.1 13.8 13.6 18.4 14.6 14.4 12.7 12.8 14.6 14.5 12.3 4.2 5.6 5.2 5.3 6.0 5.5 5.6 5.8 6.4 6.7 6.5 6.9 0.29 0.40 0.38 0.39 0.33 0.37 0.39 0.46 0.50 0.46 0.45 0.56 540.2 567.0 345.6 766.3 30.9 56.8 30.8 61.3 21.7 58.0 25.9 62.3 25.8 62.9 27.5 71.8 26.6 66.7 21.9 58.9 18.2 66.5 18.6 55.1 308.5 443.3 257.0 460.6 3,725.3 4,148.2 867.3 3,792.8 4,191.1 1,041.1 mil lb do.... 18.4 27.2 14.3 31.1 12.1 23.7 126 27.3 14.3 31.1 13.5 38.2 do.... do do.... 289.3 287.0 104.1 337.0 327.8 146.2 291.9 312.9 87.9 3344 3366 121.0 337.0 329.8 146.2 330.7 3403 151.8 11,448.7 3,911.4 503.9 535.0 6,431.4 584.1 4,517.0 1,002.2 = 2,903.1 9956 127.7 130.0 1,619.8 1760 1,097.2 251.3 2,890.9 979.0 127.8 137.5 1,611.3 142.0 1,121.5 265.2 2,764.9 9009 120.3 125.7 1,596.3 92.0 1,182.6 2394 11,488.7 39114 503.9 535.0 64314 5841 4,517.0 10022 0.576 0.574 Cotton cloth: Cotton broadwoven goods over 12" in width: Production (qtrly.) mil. sq. yd.. Orders, unfilled, end of period, compared with avg. weekly production no. weeks' prod.. Inventories, end of period, compared with avg. weekly production no. weeks' prodRatio of stocks to unfilled orders (at cotton mills) end of period Exports, raw cotton equiv. thous. net-weight § bales Imports, raw cotton equivalent do.... MANMADE FIBERS AND MANUFACTURES Fiber production, qtrly: Filament yarn (acetate) mil lb Staple incl. tow (rayon) do.... Noncellulosic, except textile glass: Yarn and monofilaments do.... Staple incl tow . . .. do .. Textile glass fiber do.... Fiber stocks, producers', end of period: Filament yarn (acetate) Staple incl. tow (rayon) Noncellulosic fiber, except textile glass: Yarn and monofilaments Staple incl tow Textile glass fiber '7,975 16 74.4 71.5 15.8 5 5 Manmade fiber and silk broadwoven fabrics: Production (qtrly.), total # mil. sq. yd.. 10,774.1 Filament yard (100%) fabrics # do.... 3,980.6 Chiefly rayon and/or acetate fabrics do.... Chiefly nylon fabrics do Spun yard (100%) fab., exc. blanketing # .. do.... 5,899.6 Rayon and/ or acetate fabrics, blends do.... 430.2 Polyester blends with cotton do.... 4,342.9 Filament and spun yarn fabrics do • 763.8 Manmade fiber gray goods, owned by weaving mills: Ratio, stocks to unfilled orders, end of period Prices, manufacturer to mfr., f.o.b. mill: 50/50 polyester /carded cotton printcloth, gray, 48", 3.90 yds./lb., 78x54-56 $ per yd.. 0.510 Manmade fiber manufactures: Exports manmade fiber equivalent mil Ibs Yarn, tops, thread, cloth do.... Cloth woven do Manufactured prods., apparel, furnishings do.... Imports, manmade fiber equivalent Yarn tops thread cloth .... .... Cloth, woven Manufactured prods., apparel, furnishings Apparel, total ..; Knit apparel do.... do do.... do.... do.... do WOOL AND MANUFACTURES Wool consumption, mill (clean basis): Apparel class mil lb Carpet class do. .. Wool imports clean yield do Duty-frpe (carpet class) do Wool prices, raw, shorn, clean basis, delivered to U.S. mills: Domestic—Graded territory, 64's, staple 2-3/4" and up . cents per lb Australian, 64's, Type 62, duty-paid do.... Wool broadwoven goods, exc. felts: Production (qtrly.) mil. sq. yd.. FLOOR COVERINGS Carpet, rugs, carpeting (woven, tufted, other), shipments, quarterly mil. sq. yds.. 971 3,888 5 771.54 418.64 249.77 352.91 540.64 97.48 67.28 2 443.15 378.52 187.74 75.0 114.1 "i.'.".'.':;.'.' 971.3 1,051.3 •"••""'••'• 280.6 = 58705 27.53 18.20 30.51 58.78 28.13 18.71 30.66 47.59 24.03 15.84 23.56 49.70 24.24 15.75 25.47 57.83 13.11 9.34 44.72 36.66 16.95 58.01 11.34 8.59 46.67 41.06 17.68 66.66 12.43 9.25 54.23 48.44 21.52 69.32 12.05 8.98 57.27 49.85 21.90 113.4 10.0 56.5 26.0 127.7 10.5 75.3 26.1 10.2 0.8 8.6 2.4 12.8 4 0.9 4.9 2.1 8.4 0.8 6.5 2.8 10.1 1.0 5.3 2.5 5 2.45 5 5 2.78 5 2.78 3.16 2.83 3.19 2.83 3.23 3.16 4 2.83 3.20 46.95 23.16 15.51 23.79 67.24 12.33 8.46 54.92 47.43 22.75 49.12 10.56 8.02 38.56 31.96 12.63 11.4 4 1.1 3.7 1.6 9.4 1.1 6.0 1.8 9.4 0.7 5.1 2.0 2.83 3.16 2.83 3.16 4 2.83 3.17 38.08 19.00 12.74 19.09 39.51 7.71 5.83 31.80 25.97 8.64 4 11.2 4 1.0 5.3 2.0 2.83 3.12 193.3 56.5 40 374 1,082.2 1,063.5 298.4 270.9 235.6 16,808 179,401 18,162 70,152 26,704 14,845 136,176 13,605 91,025 30.322 APPAREL Women's, misses', juniors' apparel cuttings: Coats thous. unitsDresses .. ...... do.... Suits (incl. pant suits, jumpsuits) do.... Skirts ... do Blouses thous. dozen.. See footnotes at end of tables 1,474 11,935 1,159 7,914 2,461 1,552 12,079 1,233 8,909 2,429 1,374 10,218 1,152 6,827 2,449 1,633 11,439 1,218 7,342 2,617 1,515 11,238 1,196 6,907 3,077 2.5 1,419 9,961 1,026 7,035 2,641 849 8,152 939 6,461 2,178 639 8,015 813 5,192 2,097 45.4 52.9 95.4 834.2 940.8 •••••••••'••" 263.2 50.98 24.60 15.97 26.38 48.77 22.74 13.84 26.02 56.77 10.05 7.77 46.72 40.84 17.30 20.4 47.4 548 111.7 65.8 118.5 1,009.6 1,116.0 260.2 5.5 993 953 637.73 318.89 208.48 318.84 639.08 130.52 95.38 508.56 434.87 184.70 3.09 r4 785.4 864.6 206.9 34.90 16.20 9.72 18.70 53.18 10.88 7.74 42.30 36.48 12.46 38.35 17.13 10.13 21.22 48.07 8.73 6.58 39.34 33.95 11.22 9.4 0.7 8.0 2.1 9.6 0.9 6.3 1.6 2.75 3.01 2.63 3.03 39.72 18.10 11.48 21.61 47.74 9.33 6.82 38.41 32.29 10.55 35.96 15.67 10.59 20.29 40.14 9.58 6.79 30.56 25.39 8.56 4 12.9 4 1.0 6.6 1.8 4.9 2.0 2.44 3.13 2.40 3.23 2.40 3.36 June S-32 SURVEY OF CURRENT BUSINESS Unless otherwise stated in footnotes below, data through 1978 and descriptive notes are as shown in the 1979 edition of BUSINESS STATISTICS 1980 1981 1982 1981 May Annual July 1982 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 25,065 21.634 23,902 23,898 774.2 1,122.0 3993 r5857 809 369 841.6 4270 412 May June TEXTILE PRODUCTS—Continued APPAREL— Continued Men's apparel cuttings: Suits thous. units.. Coats (separate) dress and sport do Trousers (separate), dress do.... Slacks (jean cut) casual do Shirts dress and sport thous doz Hosiery, shipments thous. doz. pairs.. 14,074 16906 124 Oil 253 640 40988 286,379 14,686 14 686 175 445 38112 304,826 1367 1393 1 444 1S75 11516 11071 14 190 14 135 3378 3327 25.192 26.405 911 1 186 7857 13663 2663 30,233 1,252 1,294 1 448 1801 11930 12443 17894 3 107 3198 26,850 26.448 1,367 1682 1227 1433 1 139 1312 13 360 3' 107 27.141 10 052 2*864 24.125 10178 2441 19,796 TRANSPORTATION EQUIPMENT AEROSPACE VEHICLES Orders, new (net), qtrly, total @ mil. $.. U S Government do Prime contract do.... Sales (net) receipts or billings qtrly total do U S Government do.... Backlog of orders, end of period # do.... U S Government do Aircraft (complete) and parts do Engines (aircraft) and parts do Missiles, space vehicle systems, engines, propulsion units and parts mil $ Other related operations (conversions, modifications) products services mil $ Aircraft (complete); Shipments $$ do Airframe weight # # thous Ib Exports commercial $$ mil $ MOTOR VEHICLES (NEW) Passenger cars: Factory sales (from U.S. plants), total Domestic Retail sales, total, not seasonally adj t Domestics § Imports § Total seas adjusted at annual rate t Domestics § Imports § Registrations fl total new vehicles Imports, incl. domestically sponsored 76814 41 144 74782 68589 32523 18298 9747 17878 17577 7884 16,917 8582 16501 16636 8,126 98742 45821 48 246 13890 96132 41876 49989 12497 96,413 42332 49 129 13422 8572 9016 8652 8609 9016 14 554 11 536 12593 14554 8124 13295 5299 8413 608 804 8518 1 1302 16621 7331 10 177 5373 476 952 538 3 513 472 707 497 209 8.2 59 2.3 345 313 801 602 199 10.0 r 78 2.2 522 487 687 519 168 88 67 2.1 520 486 649 492 157 r 74 r 53 21 425 394 585 432 152 r 7.7 54 23 370 344 523 358 165 72 r 49 23 273 256 535 368 166 r 79 r 54 25 320 302 632 457 175 r 8.4 r 62 r 2.2 224 1,665 1512 r 33 57.84 5187 282.4 598 747 223 1,675 1630 3.3 49.85 45 96 250.1 410 690 207 1,486 1614 r 2.5 31.79 2900 259.2 338 721 206 1,427 1500 r 27 37.99 3408 173.7 437 763 209 1,481 1528 35 35.22 2841 236.0 488 654 182 1,490 1494 33 29.73 2495 237.3 589 614 169 1,471 1495 r 37 29.18 2237 233.7 457 612 184 1,432 1383 r 31 17.27 1342 259.9 37 1 509 159 1,325 1241 r 2.4 23.87 1946 195.9 580 546 164 159 139 180 161 127 111 87 75 130 115 165 152 123 112 127 115 116 108 144 133 197 184 183 169 157.3 6.3 11.6 152.1 5.2 11.5 141.9 6.3 12.0 164.1 6.1 12.8 150.3 5.9 13.3 127.2 4.9 11.4 130.8 4.3 11.2 114.2 5.3 13.6 173.4 3.8 14.6 182.0 3.2 12.2 196.0 3.1 12.5 165.6 3.6 13.1 198.5 4.6 12.2 154.1 4.0 11.6 546.4 1781 559.0 1744 576.5 1238 523.9 11 19 516.2 11.16 548.2 11.95 547.5 1077 575.5 897 517.0 822 492.4 11.46 473.9 12.68 510.6 12.37 521.5 12.89 566.0 7287 6824 64.05 67.49 64.53 78.55 69.97 72.29 74.80 57.15 82.00 73.68 71.63 198 201 194 196 171 169 180 156 171 208 219 226 9,779 10,540 11,060 7378 6,854 6,061 340 387 542 r r r 679 530 510 r 9,408 r r 9,628 r 8,535 6,209 2326 734 524 1,520 1440 1,471 1495 1,472 1374 29 538.12 47075 3,000.8 5623 r thous.. do do.... do 26 607.80 509 13 3,310.7 5948 r do do.... 8761 2,469 8444 2,432 Freight cars (revenue), class 1 railroads (AAR): $ Number owned end of period thous.. Held for repairs, % of total owned Capacity (carrying) total end of mo mil tons Average per car .....tons.. 712 652 724 518 206 r 78 r 55 r 23 8,979 6,581 2398 Freight cars (new), for domestic use; all railroads and private car lines (excludes rebuilt cars and cars for export): Shipments . number Equipment manufacturers do.... New orders do Equipment manufacturers . . . .. . do Unfilled orders end of period do.... Equipment manufacturers do.... See footnotes at end of tables. 7626 5 180 413 670 608 Trucks and buses: 3 1,667 Factory sales (from U.S. plants), total thous.. 1,700 1464 1513 Domestic . do.... Retail sales, seasonally adjusted: t 5 5 Light-duty, up to 14,000 Ibs. GVW do.... 1,963.5 1,746.6 5 5 92.3 Medium-duty, 14,001-26,000 Ibs. GVW do.... 73.9 5 5 175.7 Heavy-duty, 26,001 Ibs. and over GVW do.... 151.7 Retail inventories, end of period, seasonally 5 559.4 adjusted 1" thous.. 4 5574.0 190 32 170 51 Exports (BuCensus) assembled units do Imports (BuCensus), including separate chassis a n d bodies . . . . . thous 1 133 28 826 77 Registrations, fl new vehicles, excluding buses not 2,477 produced on truck chassis thous.. 2,185 Truck trailers and chassis, complete (excludes 1 17,635 detachables) shipments number.. 136,702 r r Vans . . . . ... do 86248 70 928 Trailer bodies (detachable) sold separately do 11 849 7239 r Trailer chassis (detachable), sold separately do.... 14,202 8615 RAILROAD EQUIPMENT 1 85 1 920 80,357 *43 955 MO 140 52,370 47,866 1,168 8.8 9256 79.24 210 r 80 57 r 23 29 63.81 5832 254.1 560 731 r 9991 r 190 r r 5804 1072 r 950 11 325 6710 696 r 744 44 901 '41,435 17 916 17288 16,485 14,819 4 143 3,779 1791 1791 35,588 32,900 3781 3,442 1 155 927 32,321 29,744 2,983 2,864 1315 1,315 26,267 23,809 3184 2,971 798 798 23,648 21,403 3529 3,299 1743 1743 21,852 19,837 2900 2,656 1013 638 18,831 16,685 1,111 6.9 8937 80.43 1 143 8.1 9118 79.75 1 137 7.7 9067 79.78 1,130 7.7 90.32 79.92 1,124 7.6 89.92 80.00 1,122 7.2 89.83 80.08 1,119 7.2 90.00 80.41 X 7083 4 187 504 14924 9312 916 13 043 1 14 041 1 13305 97068 92788 9239 8250 8551 746 6,225 5749 do.... do.... do mil.. do do.... 20,746 12547 20 100 18 417 9,058 98,742 45821 48246 13890 10330 6,400 5840 thous.. do Retail inventories, end of period, domestics: t Not seasonally adjusted thous.. Seasonally adjusted § .. . do Inventory-retail sales ratio, domestics § t Exports (BuCensus), assembled cars To Canada Imports (BuCensus), complete units # # From Canada total 70409 33497 68407 58440 26674 90,517 37200 47 186 11595 8,922 4,826 459 r 527 469 431 111 576 201 r 7.7 r 56 r 2.0 1,247 1 171 r 2.5 40.21 3603 285.7 70.4 626 176 488 441 669 499 170 r 7.3 r 54 1.8 453 2 564 774 584 190 8.2 r 62 2.0 1,256 1,213 1 187 1 143 r r 2.2 2.6 45.70 49.59 4255 4572 249.2 309.5 732 712 708 672 189 186 2 193 5611 336 r 561 7,476 4,327 252 449 8,418 4928 203 564 r 9,903 r 6,355 r 429 817 8,395 5,280 440 846 2063 1,839 860 860 17,724 15,802 2711 2,455 1811 1811 16,485 14,819 1995 1,833 815 815 14,735 13,231 1762 1,526 753 753 13,486 12,218 2 247 2,032 1485 1,485 12,599 11,546 2443 2,265 539 539 10,560 9,685 1792 1,694 487 487 9,253 8,478 1,116 7.0 8964 80.30 1,111 6.9 8937 80.43 1,110 7.0 8932 80.48 1,105 7.4 89.02 80.58 1,100 7.6 88.76 80.71 1,095 7.6 88.48 80.84 1,083 8.0 88 19 80.92 6 109 404 r 817 2 514 651 452 199 6 7.0 6 48 6 2.2 6 1,364 1239 6 31 2 215 S-33 SURVEY OF CURRENT BUSINESS July 1982 FOOTNOTES FOR PAGES S-l THROUGH S-32 General Notes for all Pages: r p e c Revised, Preliminary, Estimated, Corrected. PageS-l Page S-8 t Revised series. See Tables 2.6 - 2.9 in the July 1982 SURVEY for revised estimates back to 1977. Pre-1977 estimates are available in The National Income and Product Accounts of the United States, 1929-76: Statistical Tables. $ Includes inventory valuation and capital consumption adjustments. * New series. Detailed descriptions begin on p. 18 of the Nov. 1979 SURVEY. See note "t" for this page for information on historical data. § Monthly estimates equal the centered three-month average of personal saving as a percentage of the centered three-month moving average of disposable personal income. 1. Advance Estimate. If Home mortgage rates (conventional first mortgages) are under money and interest rates on p. S-14. § Data include guaranteed direct loans sold. $ Effective April 1982 SURVEY, wholesale trade data have been revised for Jan. 1972-Dec. 1981. Revised data are available upon request. t Effective April 1982 SURVEY, retail trade data have been revised for the years 1972-1981. Revised data and a summary of the changes are available from the Census Bureau, Washington, D.C. 20233. # Includes data for items not shown separately. PageS-2 1. Based on data not seasonally adjusted. * Includes data not shown separately. t Revised series. For wholesale see note "$" for p. S-8. For manufacturing see note "t" for p. S-3. For retail see note "t" for p. S-8. t See note "t" for p. S-3. § See note "t" for p. S-8. @ See note "$" for p. S-8. * New series. Data back to 1967 are available from the National Income and Wealth Division, Bureau of Economic Analysis. Page S-3 I Revised series. For wholesale see note "$" for p. S-8. For manufacturing see note "t" for this page. For retail see note "t" for p. S-8. t Revised series. Data have been revised back to 1972. A detailed description of this revision and historical data appear in the report "Manufacturers' Shipments, Inventories, and Orders" M3-1.10 (1972-1980), available from the Bureau of the Census, Washington, D.C. 20233. § See note "f" for p. S-8. @ See note "$" for p. S-8. * New series. Data back to 1967 are available from the National Income and Wealth Division, Bureau of Economic Analysis. #• Includes data for items not shown separately. PageS-4 1. Based on data not seasonally adjusted. t See note "t" for p. S-3. # Includes data for items not shown separately. $ Includes textile mill products, leather and products, paper and allied products, and printing and publishing industries; unfilled orders for other nondurable goods industries are zero. II For these industries (food and kindred products, tobacco, apparel and other textile products, petroleum and coal, chemicals and allied products, and rubber and plastics products) sales are considered equal to new orders. PageS-5 1. Based on unadjusted data. t See note "t" for p. S-3. @ Compiled by Dun & Bradstreet, Inc. #• Includes data for items not shown separately. § Ratio of prices received to prices paid (parity index). 1f Revisions, back to 1975 for some commodities, are available upon request. $ See note "$" for p. S-4. PageS-6 § For actual producer prices of individual commodities see respective commodities in the Industry section beginning p. S-19. All data subject to revision four months after original publication. t Revised series. Stage-of-processing producer price indexes have been revised back to 1976 to reflect updated industry input-output relationships and improved classification of some products. # Includes data for items not shown separately. $ Effective Feb. 1982, data have been revised back to 1977 to reflect new seasonal factors. PageS-7 1. Computed from cumulative valuation total. 2. Index as of July 1, 1982: building, 330.6; construction, 357.9. # Includes data for items not shown separately. § Data for Apr., July and Oct. 1981, Jan. and Apr. 1982 are for five weeks; other months four weeks. 378-127 O - 82 - S3 PageS-9 1. Advance estimate. 2. Effective Jan. 1979 data, sales of mail-order houses are included with department store sales. 3. As of July 1. # Includes data for items not shown separately. $ Revisions for Jan. 1977-Oct. 1979 appear in "Current Population Reports," Series P-25, No. 870, Bureau of the Census. 11 Effective with the February 1982 SURVEY, the labor force series have been revised back to 1970 to reflect the 1980 Census of Population. Seasonal adjustment factors were revised accordingly. Revised monthly series appear in the February 1982 issue of Employment and Earnings. Revised annual series will appear in the March 1982 issue of Employment and Earnings, U.S. Department of Labor, Bureau of Labor Statistics. * New series. The participation rate is the percent of the civilian noninstitutional population in the civilian labor force. The employment-population ratio is employment as a percent of the total noninstitutional population, 16 years and over. f See note "t" for p. S-8. PageS-10 t Effective June 1982 SURVEY, data have been revised back to 1977 based on March 1981 benchmark levels and updated seasonal adjustment factors. See "BLS Establishment Estimates Revised to March 1981 Benchmarks," in the June 1982 issue of Employment and Earnings. Effective July 1981 SURVEY, data have been revised back to 1974 to reflect new benchmarks and new seasonal adjustment factors. See "BLS Establishment Estimates Revised to March 1980 Benchmarks," in the July 1981 issue of Employment and Earnings. f See note "If" for p. S-9. Page S-l 1 f See note "f" on p. S-10. $ This series is not seasonally adjusted because the seasonal component is small relative to the trend-cycle and/or irregular components and consequently cannot be separated with sufficient precision. II Production and nonsupervisory workers. PageS-12 1. This series has been discontinued. t See corresponding note on p. S-10. If Production and nonsupervisory workers. $ Earnings in 1977 dollars reflect changes in purchasing power since 1977 by dividing by Consumer Price Index. § Wages as of July 1, 1982: Common, $14.45; Skilled, $18.70. PageS-13 1. Average for Dec. If Effective April 1982 SURVEY, the series for work stoppages involving six or more workers have been discontinued and have been replaced by series for work stoppages involving 1,000 or more workers. # Includes data for items not shown separately. § For demand deposits, the term "adjusted" denotes demand deposits other than domestic commercial bank and U.S. Government, less cash items in process of collection; for loans, exclusive of loans to and Federal funds transactions with domestic commercial banks and include valuation reserves (individual loan items are shown gross; i.e. before deduction of valuation reserves), * New series. Beginning Dec. 1978, data are for all investment account securities; comparable data for earlier periods are not available. @ Insured unemployment (all programs) data include claims filed under extended duration provisions of regular State laws; amounts paid under these programs are excluded from state benefits paid data. @@ Insured unemployment as a percent of average covered employment in a 12-month period, S-34 SURVEY OF CURRENT BUSINESS July 1982 PageS-14 PageS-18 1. Data are for fiscal years ending Sept. 30 and include revisions not distributed to the months. 2. Average for the year, 3. Daily average. 4. Beginning Jan. 1981, data are for top-rated only. Prior data cover a range of top-rated and regional dealer closing rates. See also note 3 for this page. 5. Beginning Oct. 1981, data represent the total deficit (budget deficit plus off-budget deficit). 6. Interest rate charged as of July 1, 1982 was 13.63. # Includes data for items not shown separately. § The Department of Health, Education, and Welfare was redesignated as the Department of Health and Human Services by the Department of Education Organization Act. if Adjusted to exclude domestic commercial interbank loans and Federal funds sold to domestic commercial banks. $ Rates on the commercial paper placed for firms whose bond rating is Aa or the equivalent. Data through Oct. 1979 show a maturity for 120-179 days. Beginning Nov. 1979, maturity is for 180 days. @ Data through Oct. 1979 show a maturity for 150-179 days. Beginning Nov. 1979, maturity is for 180 days. $ Courtesy of Metals Week. 1. See note 1 for p. S-16. 2. Annual total; quarterly or monthly revisions are not available. 3. Before extraordinary and prior period items. 4. For month shown. 5. Domestic trunk operations only (averaging about 90 percent of domestic total). 6. See note 2 for p. S-17. # Includes data for items not shown separately. § Total revenues, expenses, and income for all groups of carriers also reflect nonscheduled service. $ Beginning Jan. 1977, defined as those having operating revenues of $50 million or more. if Average daily rent per room occupied, not scheduled rates. PageS-15 1. M l-A has been discontinued. Ml-B will now be designated "Ml." t Effective Feb. 1982 SURVEY, the money stock measures and components have been revised back to 1959. The Federal Reserve has redefined the monetary aggregates. The redefinition was prompted by the emergence in recent years of new monetary assets—for example, negotiable order of withdrawal (NOW) accounts and money market mutual fund shares—and alterations in the basic character of established monetary assets—for example, the growing similarity of and substitution between the deposits of thrift institutions and those of commercial banks. Monthly data from 1959 to date are available from the Banking Section of the Division of Research and Statistics at the Federal Reserve Board, Washington, D.C. 20551. % Composition of the money stock measures is as follows: ML—This measure is currency plus demand deposits at commercial banks and interest-earning checkable deposits at all depositary institutions—namely NOW accounts, automatic transfer from savings (ATS) accounts, and credit union share draft balances—as well as a small amount of demand deposits at thrift institutions that cannot, using present data sources, be separated from interest-earning checkable deposits. M2.—This measure adds to Ml overnight repurchase agreements (RP's) issued by commercial banks and certain overnight Eurodollars (those issued by Caribbean branches of member banks) held by U.S. nonbank residents, money market mutual fund shares, and savings and small-denomination time deposits (those issued in denominations of less than $100,000) at all depositary institutions. Depositary institutions are commercial banks (including U.S. agencies and branches of foreign banks, Edge Act corporations, and foreign investment companies), mutual savings banks, savings and loan associations, and credit unions. M3.—This measure equals M2 plus large-denomination time deposits (those issued in denominations of $100,000 or more) at all depositary institutions (including negotiable CD's) plus term RP's issued by commercial banks and savings and loan associations. L.—This broad measure of liquid assets equals M3 plus other liquid assets consisting of other Eurodollar holdings of U.S. nonbank residents, bankers acceptances, commercial paper, savings bonds, and marketable liquid Treasury obligations. ££ Includes ATS and NOW balances at all institutions, credit union share draft balances, and demand deposits at mutual savings banks. * Overnight (and continuing contract) RP's are those issued by commercial banks to the nonbank public, and overnight Eurodollars are those issued by Caribbean branches of member banks to U.S. nonbank customers. @ Small time deposits are those issued in amounts of less than $100,000. Large time deposits are those issued in amounts of $100,000 or more and are net of the holdings of domestic banks, thrift institutions, the U.S. Government, money market mutual funds, and foreign,banks and official institutions. # Includes data for items not shown separately. § Number of issues represents number currently used; the change in number does not affect the continuity of the series. PageS-16 1. Beginning Jan. 1981 data, U.S. Virgin Islands trade with foreign countries is included. § Number of issues represents number currently used; the change in number does not affect the continuity of the series. $ For bonds due or callable in 10 years or more. # Includes data for items not shown separately. @ Data may not equal the sum of the geographic regions, or commodity groups and principal commodities, because of revisions to the totals not reflected in the component items. PageS-17 1. See note 1 for p. S-16. 2. Beginning Jan. 1982 data, the Customs value is being substituted for the f.a.s. value. # Includes data not shown separately. § Data may not equal the sum of geographic regions, or commodity groups and principal commodities, because of revisions to the totals not reflected in the components. PageS-19 1. Reported annual total; monthly revisions are not available. 2. Data withheld to avoid disclosing operations of individual companies. 3. Beginning Jan. 1981, data represent gross weight (formerly phosphoric acid content weight) and are not comparable with data shown for earlier periods. 4. A portion of data is being withheld to avoid disclosing information for individual companies; not comparable with other published data. 5. Beginning Jan. 1980 data, another company is included. # Includes data for items not shown separately. § Data are reported on the basis of 100 percent content of the specified material unless otherwise indicated. $ Revisions, back to 1977 for some commodities, are available upon request. if Data for Jan. 1977-June 1979 exclude potassium magnesium sulfate; not strictly comparable with data shown for other periods. PageS-20 1. Reported annual total; monthly revisions are not available. 2. Includes Hawaii; not distributed to the months. 3. Reported annual total, including Hawaii; monthly data are preliminary and subject to change. 4. Beginning 1982, the reporting frequency has been changed from a monthly to a quarterly basis. § Data are not wholly comparable from year to year because of changes from one classification to another. $ Revisions back to 1977 are available upon request. PageS-21 1. Average for three months, price not available for Apr.-Dec. 2. Crop estimate for the year. 3. Stocks as of June 1. 4." Stocks as of June 1 and represents previous year's crop; new crop not reported until June (beginning of new crop year). ' 5. Previous year's crop; new crop not reported until Oct. (beginning of new crop year). 6. See note "@@" for this page. 7. Data are no longer available. 8. See note 4 for p. S-22. 9. June 1 estimate of the 1982 crop. 10. July 1 estimate of the 1982 crop. § Excludes pearl barley. # Bags of 100 Ibs. if Revised crop estimates back to 1975 are available upon request. @ Revisions, back to 1977, for some commodities, are available upon request. $ Revisions back to 1975 are available upon request, @@ Data are quarterly except for June (covering Apr. and May) and Sept. (covering JuneSept.). Page S-22 1. Average for 11 months; price not available for Dec. 2. Average for nine months; index not available for Apr.-June. 3. Data are no longer available. 4. Effective with this reporting, data are for three-month intervals. § Cases of 30 dozen. if Bags of 132.276 Ibs. "$ Revisions for Jan.-July 1979 (back to 1975 for grindings of wheat) are available upon request. @ Revisions back to 1977 are available upon request. # Effective Apr. 1981 SURVEY, the wholesale price of smoked hams has been discontinued and has been replaced with the comparable price index. Annual indexes prior to 1979 and monthly indexes prior to Feb. 1980 are available upon request. PageS-23 1. Crop estimate for the year. 2. Average for seven months; price not available for July, Aug., and Oct.-Dec. 3. Annual total; monthly revisions are not available, 4. Data are no longer available. § Monthly data reflect cumulative revisions for prior periods. $ Revisions back to 1975 are available, upon request. # New series. Source: Bureau of Labor Statistics. # Totals include data for items not shown separately. S-35 SURVEY OF CURRENT BUSINESS July 1982 PageS-24 1, Annual data; monthly revisions not available. 2. Less than 500 short tons. PageS-25 1. Annual data; monthly revisions are not available. 2. For month shown. 3. Effective Jan. 1981, data are revised back to Jan. 1980. Inventory data formerly calculated by the Bureau of the Census are now based on the Steel Service Center Institute monthly Business Conditions report. PageS-26 PageS-29 1. Reported annual total; revisions not distributed to the months. 2. Effective Jan. 1980, data are no longer available. 3. Average for 11 months; no price for Aug. 1980 or June 1981. 4. Average for 11 months; no price available for Nov. 1980 or for Oct. 1981. 5. Monthly data will be discontinued as of April 1982 SURVEY, due to budgetary limitations. The related annual report, MA26A, will continue to be published. 51 Source: American Paper Institute. Total U.S. estimated consumption by all newspaper users. § Monthly data are averages of the 4-week periods ending on the Saturday nearest the end of the month; annual data are as of Dec. 31. $ Data are monthly or annual totals. Formerly weekly averages were shown. PageS-30 1. Annual data; monthly revisions are not available. 1. Reported annual total; revisions not allocated to the months. 2. Less than 50 tons. 2. Crop for the year. U Includes secondary smelters' lead stocks in refinery shapes and in copper-base scrap. 3. Data cover five weeks; other months, four weeks, @ All data (except annual production figures) reflect GSA remelted zinc and zinc pur4. Data are not available prior to Jan. 1980, chased for direct shipment. 5. Effecti 1 Nov. 1981, shipments of wide-mouth containers for "chemicals, household and $ Source for monthly data: American Bureau of Metal Statistics. Source for annual data: industrial" are included in shipments for "medicinal and toilet" containers. Bureau of Mines. 6. See note "$" for this page. # Includes data not shown separately. # New series. Data for finishing mills have replaced data for weaving mills, which are no t Effective July 1980 SURVEY, data are revised and shown on a new base. The sample size longer available. has been restored to 100 firms and the base has been changed to 1977 = 100. The revised series are # Includes data for items not shown separately. not comparable to previously published data. If Cumulative ginnings to the end of month indicated. * New series. These indexes are based on shipments of hydraulic and pneumatic products § Bales of 480 Ibs. reported by participating members of the National Fluid Power Association. Data back to $ Beginning Jan. 1982, shipments include those for direct export; such shipments for 1980-81 1959 are available upon request. were (thous. gross): 2,316 and 2,165 respectively. PageS-27 1. Effective Jan. 1980, total stocks for bituminous coal and lignite exclude residential and commercial stocks and are not comparable with data shown for earlier periods. 2. Data are for five weeks; other months 4 weeks. 3. Based on new 1981 stock level. See also note "$" for this page. 4. For month shown. •# Includes data for items not shown separately. @ Beginning July 1977, data are representive of those manufacturers reporting and are not an average of the total industry; they are not directly comparable with earlier data. * New series. Annual data prior to 1978 and monthly data prior to April 1979 are available upon request. § Includes nonmarketable catalyst coke. IT Includes small amounts of "other hydrocarbons and hydrogen refinery input," not shown separately. f Revisions for 1978 are available upon request. $ Effective with 1981 petroleum data, the Energy Information Agency has changed some definitions and concepts to reflect recent developments in refining and blending practices. These changes include adding a category for gasohol production to motor gasoline production and accounting more precisely for distillate and residual fuel oil processed further after initial distillation, A description of these changes appears in the May 1981 issue of Monthly Energy Review, U.S. Department of Energy, Energy Information Administration. PageS-28 1. Based on new 1981 stock level. See also note "$" for p. S-27. 2. See note 5 for p. S-29. 3. Reported annual totals; revisions not allocated to the months. 4. Simple averages of prices are no longer available. U Prices are mid-month, include taxes, and represent full service; comparable prices prior to Jan. 1979 are not available. # Includes data for items not shown separately. * New series. See note "U" for this page. $ Except for price data, see note "$" for p..S-27. PageS-31 1. Effective Jan. 1,1978, includes reexports, formerly excluded. 2. Annual total includes revisions not distributed to the months. 3. Average for crop year; Aug. 1-Jul. 31. 4. For five weeks; other months four weeks. 5. Monthly average. 6. Less than 500 bales. § Bales of 480 Ibs. <I Based on 480-lb. bales, preliminary price reflects sales as of the 15th; revised price reflects total quantity purchased and dollars paid for the entire month (revised price includes discounts and premiums). # Includes data not shown separately. PageS-32 1. Annual total includes revisions not distributed to the months. 2. Estimates of production, not factory sales. 3. Beginning Jan. 1979, data reflect the inclusion of Volkswagens produced in the U. S. Beginning Jan. 1980, passenger vans (previously reported as passenger cars) are included with trucks. 4. Monthly data for 1980 as published in earlier issues of the SURVEY, exclude exports for off-highway trucks; not strictly comparable with data shown for other periods. 5. Based on unadjusted data. 6. See note "t" for this page. # Total includes backlog for nonrelated products and services and basic research. § Domestics comprise all cars assembled in the U.S. and cars assembled in Canada and imported to the U.S. under the provisions of the Automotive Products Trade Act of 1965. Imports comprise all other cars. IT Courtesy of R.L. Polk & Co.; republication prohibited. Because data for some states are not available, month-to-month comparisons are not strictly valid. $ Excludes railroad-owned private refrigerator cars and private line cars. t Revisions, back to 1967 for some commodities, are available upon request. Effective with the July 1982 SURVEY, seasonally adjusted data have been revised back to Jan. 1977 and are available upon request. @ In the 1979 BUSINESS STATISTICS, 4th Qtr. 1977 should read "13,946" mil. $. $$ In the 1979 BUSINESS STATISTICS, annual data for 1977 should read "2,604.8" mil. $. ## Revisions back to 1977 are available upon request. SURVEY OF CURRENT BUSINESS S-36 July 1982 Table 1.—Total Personal Income, States and Regions [Millions of dollars, seasonally adjusted at annual rates] 1981 State and region I United States 1 New England Connecticut . Maine Massachusetts . .. .. ,, . . *•«.. Rhode Island Vermont .. ..... . Mideast Delaware ,. District of Columbia . .. .... ... ... New Jersey New York Pennsylvania ,. . , .... Great Lakes Illinois Indiana Michigan Ohio Wisconsin .... . .... .. ... ... .. ... .. .. ...... ,., .... .... Plains .. Iowa Kansas Minnesota Missouri... Nebraska North Dakota South Dakota . . . . . ... . ... ... Southeast.... Alabama Arkansas Florida Georgia . .. ... Kentucky Louisiana . .. Mississippi.. North Carolina South Carolina Tennessee Virginia West Virginia Southwest . Arizona New Mexico Oklahoma Texas , .. . Rocky Mountain Colorado .. Idaho Montana Utah . . . . ... . , , . . . . . . .... . . . . , ... „ .. .. , , , . . ...,..,,.,... . ...... .... ... .. , . .. ,,. ., ... . .,„.. ..... . .. . . . . , . Far West California . . . ... . Nevada,. Oregon . . . . . . . Washington ........... Alaska Hawaii . . . . , , . . . . . .. . , , .- , , n 1982 III IV I Percent change 1981:11982: 1 1981: IV1982: 1 2,327,381 2,376,157 2,449,670 2,493,092 2,518,641 8.2 1.0 134,348 39,576 9,461 62,165 9,068 9,760 4,318 137,134 40,138 9,700 63,796 9,283 9.801 4,416 140,538 41,327 9,928 65,170 9,547 10,055 4,512 143,213 41,857 10,132 66,550 9,796 10,278 4,600 145,330 42,597 10,288 67,281 10,044 10,453 4,666 8.2 7.6 8.7 8.2 10.8 7.1 8.1 1.5 1.8 1.5 1.1 2.5 1.7 1.4 462,704 6,587 8,227 47,593 86,744 194,134 119,418 472,495 6,682 8,373 48,439 88,578 198,785 121,638 485,927 6,882 8,640 49,843 90,979 204,518 125,067 493,368 6,845 8,799 50,815 92,477 208,009 126,424 500,468 6,854 8,913 51,304 94,132 211,466 127,800 8.2 4.1 8.3 7,8 8.5 8.9 7.0 1.4 .1 1.3 1.0 1.8 1.7 1.1 433,433 127,892 51,958 98,515 108,678 46,390 440,166 129,613 52,105 100,981 110,492 46,975 451,949 133,616 53,381 102,823 113,625 48,504 455,194 135,139 53,750 103,023 114,425 48,857 457,578 135,286 53,961 103,974 115,295 49,061 5.6 5.8 3.9 5.5 6.1 5.8 .5 .1 .4 .9 .8 .4 171,428 28,518 24,983 42,718 47,233 15,739 6,437 5,799 174,131 28,977 25,544 43,094 48,043 15,831 6,694 5,948 179,970 29,825 26,284 44,685 49,577 16,483 6,998 6,119 183,690 30,360 26,783 45,502 50,322 16,883 7,593 6,247 184,290 30,091 27,163 45,470 51,059 16,810 7,400 6,296 7.5 5.5 8.7 6.4 8.1 6.8 15.0 8.6 .3 9 1.4 1 1.5 4 -2.5 .8 464,325 31,214 17,805 96,957 48,168 30,143 38,984 17,736 49,698 24,522 38,281 54,543 16,273 474,849 31,601 18,241 100,287 49,306 30,125 40,303 18,139 51,355 25,194 39,211 55,668 15,420 491,557 32,546 18,908 104,760 50,545 31,722 41,653 18,670 52,494 25,833 40,338 57,502 16,585 500,753 33,127 18,889 107,330 51,750 31,873 42,506 18,913 53,131 26,416 40,896 59,132 16,791 503,843 33,016 18,878 108,728 51,844 32,303 43,000 18,908 52,572 26,272 41,516 59,852 16,955 8.5 5.8 6.0 12.1 7.6 7.2 10.3 6.6 5.8 7.1 8.5 9.7 4.2 .6 -.3 1 1.3 .2 1.3 1.2 0 -1.1 -.5 1.5 1.2 1.0 217,849 25,910 11,035 30,375 150,529 224,513 26,594 11,334 31,071 155,514 233,357 27,504 11,704 32,132 162,016 239,730 28,340 11,889 33,046 166,456 242,839 28,523 12,078 33,345 168,893 11.5 10.1 9.5 9.8 12.2 •1.3 .6 1.6 .9 1.5 65,135 31,689 8,251 7,439 12,146 5,611 66,541 32,491 8,454 7,603 12,316 5,676 68,667 33,569 8,676 7,744 12,826 5,852 70,282 34,406 8,794 7,891 13,153 6,038 71,137 34,704 8,789 8,171 13,363 6,111 9.2 9.5 6.5 9.8 10.0 8.9 1.2 .9 1 3.5 1.6 1.2 362,110 280,294 9,413 25,868 46,535 369,951 287,223 9,662 26,311 46,755 380,745 296,053 9,948 26,744 48,000 389,352 303,291 10,298 27,007 48,756 395,377 308,384 10,504 27,340 49,149 9.2 10.0 11.6 5.7 5.6 1.5 1.7 2.0 1.2 .8 5,617 10,430 5,686 10,693 5,939 11,020 6,128 11,382 6,347 11,432 13.0 9.6 3.6 .4 145,330 433,397 457,578 184,290 383,294 125,742 264,116 122,242 402,653 8.2 8.3 5.6 7.5 8.7 7.1 11.1 9.6 9.2 1.6 1.5 .5 .3 .6 .7 1.2 1.2 1.5 Census regions New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central ... Mountain Pacific ..... ... , . . . . .... . .. . , .. ..,. . . . . , 1. The personal income shown for the United States differs from that in the national income and product accounts primarily because it omits income received by Federal Government employees overseas. NoTE.~The quarterly estimates of State personal income were prepared by Francis G. McFaul with the aid of Thelma E. Harding, under the supervision of Robert L. Brown. Tables were prepared by Eunice P. James and Kathy A. Albetski. , 134,348 400,296 433,433 171,428 352,569 117,374 237,693 111,494 368.745 137,134 409,000 440,166 174,131 360,724 119,075 245,129 114,131 376,667 140,538 420,563 451,949 179,970 373,083 123,276 254,710 117,824 387,755 143,213 426,909 455,194 183,690 381,008 124,808 260,897 120,809 396,564 TO BUSINESS.; STATISTICS,. Pages:S1Dishwashers „..„„.„,..,„.....»«.«...»«.......«.....«.*..** 27 Disposition of personal income .,„„.,.,..,...,..,„*„., 1 Distilled spirits ,.,.*».,.,,,,*..,......,.....«.««..^«.«..».. 20 Dividend payments .,......,,.,..,».,,,..,,......M.«.«.,....M 1,15 Draptores, sales .„..„„,..«......«...».,.,,«««*..*»«,.«» 8,9 Earnings, weekly and hourly ,„„......,„„.>««.».»«* i2 Eating and drinking places ..,...„....„,.........**...,.... 8,9 E^^ and poultry ,>M^^«.^..i.,«..*.....,..««.«..,....M.. 5,22 Electric power ,„*.„„*„„.*..„.,....,...„.....««.«..»...... 2,20 Electrical machinery and e^iiipmenk,,*....,*,...,,,,., 2-5, ; SECTIONS General: , Business indicators.....,..«,..«...«««..-«»......««.«. 1-5 Commodity prices .»„„„,.„,,..*„..„„..«„«.....,.«... 5, 6 Construction and real estate .«.«.ww»,w*.,»*»»».*» 7, 8 Domestic trade ..,w»..,.....i..,»*.n,....,,..«.w*..«...... 8, 9 Labor force, employment* and earnjtags....,,.;.. Finance ...,*„,.....,...«..**.«*««««.«»....»»*.»..«.*«*.»« Foreign trade of the United States »*.,»..„„««.. 16-18 Transportation and communication................. 18,19 ' liidustry: , -, • ; '.",: ' • : ";-^ "' * '...Chemicals and allied products .„„.<„,„.„.„„..,*. 19,20 Electric power and gas ..»...«.«....«.«.«.*.«.««.«. 20 Food and kindred products; tobacco ,,,.„...,..... 20-23 r Leather and products ,„.„.,„„.«„....»,,..,..,...»».. 23 Lumber and products ,...«.*««l«..««*».««*..«.»». 23,24 Metals and manufactures .M,w.«««..«««««..»«... 24427 Petroleum, coal, and products «,...««***«»..^*»» 27,28 Pulp, paper, and paper products ««...«.«.*,««.*., 28,29 Rubber and rubber products ...«.»«...,.*...........» 29 Stone, clay, and glass products ...,«.«.«*.*.»*..«.» 30 Textile products .»;,,..„..,..,,.,...,...«..«.......»»..«..», 30-32 Transportation equipment ......,...,.....,,,.....»,«.« 32 - •-; •;; - : . ~ ; v./,- '-10-12,15,27 Employee-hours, aggeegate, and indexes..,,..„...« Empoyment..M«,*..«.^..,,..........,,...,.«...,,,...«..,.«.. Explosives .„,.*„,„.,..«..,„.».«.*«*»„.,*,.„.,...,,*,**...«». Exports (see also individual commodities),..,,...., Failures, injdustrial and commercial .,.„„«<.. Farm prices ,..«.«««».«.««»«.«««*»««.*««,.»« ." Farm wages *»»««».»»;*«»*«.*«»«»««»«*»«»*«»«*«***»**•«»*«* Fats and oils «.«,»«,»«»«»«*««»•««»•«.*«.*****»*«»#**»«»«»*» Federal Government finance........................ Federal Reserve banks, large commercial ,„ Federal Reserve member banks ^^.i...,.,.;. Fertilizers *«,«„„**„...„.»„.».«»««...»...«»«*«««*.„ 11 10, P 20 16,17 • .-,5 5,6 12 «• 17 14 13 13 19 22 Flooring, hardwood ,„,.„..........«.*.....,..,..*...«,...«« 24 Flour, wheat „„„„,,.,..,....»..«.,,..,.,».„»»,.,.,......,«.... 22 Food products,,..„...,..,„,.„. 2-6,$, 10-12,15,17,20-23 Foeign trade (see also individual commod.)........ 16-18 FVeiibt cars (equipment)^i,......i,..«,..,«,..»i,..,,...f.,., 32 ' Fruits and yegetsibies' ),;,i.,,,*»*«.«,,..,«,..,..».»«.-«*...»*';' • -5, F00fmotes,,.*w...*«....»....^^ INDIVIDUAL SERIES ,„,.„».: '8,12" Aerospace vehicles „„.,,.„..........,.»........,..,»...>.»..... ' 32 Agricultural loans ........................................„...„.." • ' . 13 ' Air carrier operations .».„;,,...«,.».,.....»..,.«....*...,..:: '18" Air conditioners (room) ,**,„«..;..,.«......»..*.»*..„;.»„* "' 27' Aircraft and parts ...„.„,,..»„,,,«.,,«.««.«»«...«„„, 4,32 Alcohol, denatured and ethyl ........................„,«.. > -''19 Alcoholic beverages ,«,*.,„,.«.,.*......««...«*«.,.„.„„., 8,20 Aluminum ................................................... Apparel..—,„„.«*..*..«»...».«,...«...»...«.»««*rE 4-6,8-12 28 Asphalt .».***»»«».»"«»..«>*»•*»»»»•»»*».»»»*»•*»*»»«*»«**«»»•**,.„..... Automobiles, etc »„.».«*«».«««. 2-4,6,8,9, 14,15,17,32 Banking ,«»*,..«*.»^».«,..«....««.**«».».».««.«.»»»««»»'.„.«,„. 13,-14'' Barley .•»...«««»»»»..»«»«.»««*»«»«»»»*«.«*«»**.«**•»•»*»*»»< Battery shipments .....»..«*.*.«,«..»«.*..4*.**««. 24 Beef and veal..................................................«..««. Beverages ..„,.........«.»*.....*.....««*«....*...«».«« ....... 8,17, 20 Blast furnaces, steel mills..........................;.*„.„„ > ' 3 - 5 Bonds, issued, prices, sales, yields ..................... V-3U5; Brass and bronze ..„„..».,......„„.„.*«*.*.*«..«.< ,,,,^,., 15-16= Brick ..>*«*».„«..„*,....»,*..**,*.,«...,...,...*»«...«««,,*„»...,' '' -26 Building and construction materials......... ^3.]*-: "30, Building costs ,«*»**.».»»».»,»*»*,»****.»**..v**,,.»»..»»»< Building permits .,:.,,......«,„«...».«.««....«..... Business incorporations (new), failures.... Business sales and inventories.................. Butter........................................................ .Cattle and calves........................................ 30 Chain-store sales, firms with 11 or more stores ,»..«.».w..««**«»««w,..*..»..***»***.**»*.v*»»*«..««»*'.*f»»« ' < '-' 9 Cheese... ^-i/MMwM^«^»Uw..M'.»*rt«U*«i.-»^«*i.~«iii ' ~ '21Chemicals .,.„,........«.....»..,..«. 2-4,10-12,1% 17, W, 20 Cigarettes and ci^irs..*.,.....*,,...,.....,^...,......,..^.. 23 Clay products ..„.„«...»..»...«*.«»«.„».....*.»«*.*».*... 2r4,30 ".ir-- IT Clothing, ^e apparel Coal«*.»*»*.m*«.*»*.,........*.»«.«..«*«....*«.*»**«.M.w<..*«..,.'- - 2* 27• Cocoa,.,.»i....,,........,.....«.....«..*,,,..««,**».,««.«i....-...i "* ' 22 ' Coffee. ....»...»»^,*...**.*»*..«'...«.»....»,..*«.».*«**V.******»*.».**. • ' 22 Combustion, atmosphere, heating equipment ................................................................. ' ~ 26Communication..................................................... 15,19 Confectionery, sales »w.,*.,»»..«...,*.».....».*«....»«..*.. • Construction: . : ' - \ X ' , ; » . . ' ^ ' -\ - . " 22 Contracts ,>«.«..«.«..,«.,«f*.»»0»v*.«.w.»...««*.«.«»..«., ,. - ' -'T,, Employment, unemployment, hoursj earnings ..*„.*....,•.....»»»*....,.,,»»....«»..*»«««.».««*«». 10-12 ' Hi^liways and streets .....i..............,..,*.*.,.^.^.. 7 Housing starts ....«««..«...,;^*»..*....v««......«*.«« 7 «; --|sjew construction put in place ..,,.,4.,..,....,...u«. 7 Consumer credit .*,....»..,..,.;.«.«**.«*«.».«..**«.«.*«»...* 14 Consumer goods output, index ............................ 1, 2 Consumer Price Index .».«...*.*..,,M..«;,..,^«....«,«.. 5, 6 Copper and copper prodiicts ....«...»........,..*«.,.,... 25> 2^ Cost of living (see Consiwner JJPrice index),.,.....,. 5,6 Cotton, raw and manufactures.......................... 5,30,31 Credit, commercial bank, consumer w,«,.,,....«.... 14 Crops............................................................ i?,-21,/23,30' Crude oil ,,,..,.....,;.M.......,..,..»«,».^»w,,,..,..,..,.«,.,.»* 3,27 Currency in circulation ,,«,.,M»..^,...,«.....««»**,,*,,». 15 Dairy products ............. Debt, U.S. Government Deflator, PCE Department sti Deposits, bank M W^».^Z^ 27^ 28 " Furnaces »»»«*...».,«.v».*»*.»*«.,»»*»*»***»».i,»*»»»..«.»*«***«***«*»' :'. 27 Furniture ^..wi,.,,.,..*..,..,..,....,.^..,*.....*....,........ 2,6,8-12 Gas, output, prices, sales, revenues ................. Gasoline ........................................................... »„„.» 30 Glass and products ,.............................,.....»...>., «..*.. 19 „..,», 1 4, ^' Gold . 5,6,21,22 Grains and product! «;,» .,*.,. 9 Grocery stores «;„ ..,„, 30 Hardware stores .«»«,*4,.**,»4«.««..««..». 26 Heating equipment M».».«,«,.«,i^;*,,.«,.. 12 Help-wanted advertising index ,,,..«..»i 6 Hides and skint „„.,*«„,«„„...„,.,....»« 7 Highways and streets .*««**«>»**«¥.«««.»» - ;!"22' , 8 Home Loan banks, outstanding advances... -\ - 8 •Home mort^iges u».*»«*«**.**»*i*»*»*»»««»»»»»«»»«»*»»«» 18 Hotels and motor»hotels „,. . ' 11 Hours, , average ' weekly %*« House^irnishings «.«;w^i,,»....»«..»«...;«.w..,» 2, 4, 5, 8, 9 Household appliances, radios, and televi sion ' flii^-u.WIM^m^MM^M*;***«»;*MU.^«M«*..M^**M*<i»».^->V' ^7- „ Housing starts ahi permits ...»,.«««.^»«v»,....»««» 7 Imports (see also individual commodities) ,^^,,.17, 18 Income, pers$<inal *;.,*«„„*.>..*»»*».«.«....«.«.»..».««*.« 2 Income and employment tax receipts ,„„,»;„..„».„ 14 Industrial production indexes: By industij «„.../.«.»«»./»»«>„,.*,»».«.*,».««„.»««»* ' 1,:2\ By market grouping ,*«««,,„.«„««»...«.»...«*.»« 1,2 Installment credit «»...«.«.»»,«^.*«««*,«,..»»»,*«»i 14 Instruments and related producti»»..«,»M..«. 2-4, 10-12 Interest and money rates^ »„«„„»«*,*«„«„„««*»«,«. 14 Inventories, manufacturers' and trade ,.„.„...,...„. 3, 4, 9 Inventory-sales ratios «,,<„,;«„.««««•***"»*'*"**'**»'»*''« ^ Iron arid^ steel .,.....*....»^,.«..,.««««.«.»*«»»,»«« 2, 15, 24, 25 Labor advertising index........................................ 14 Labor force »;.,w,»..»»..^;.«,».*..i*i.»**.»«**.«.»«*.«»»«»»*««*. 9,10 Lamb and mutton ................................................. : 22 Lead ^M^*^^^^ww^^»««U^^M«Urf«^M.M<l^wM»*.^ • ''26 leather and products ,.^,,«.»,v.«.«...;«...M. 2, 6, 10-12, 23 , J^estoGk,.«w,u™....™ Loans, real estate, agricultural, bank (see also Consumer credit) «.««».u,U,.»,»*.««.«^«,- 8,13 Lubricants .....^........^.^^v^.^wW.*.*...*,....,....^^.,." - ;; 28 Lumber and products^ Art«...,..»........«., 2, 6, 10^12,^ 2* '' Machine tools ....................................................... • ' • '26 Machinery .„«.„„.».«„„;;„„.., 2^6, 10-12, 15, 17, 26, 27 Manufacturers* sales (or shipments), inventories, orders f«».».;.»»»...*»^«M^i»*»«*»««««.« 3-5 Manufacturing employment, unemployment, production workers, hours, ' ' ' earnings :,;v».;.,«««,««»«««M»i«»«»»*jnr*»*«***»»*»M«»»«»«»»«»ji.»«»»«* 10—12 Manufacturing production indexes »««.««.....««*M 1, 2 Meat animals and meats «.4.w*»w^«.,o«»««,«...« 5, 22 • ' Medical ~care »*»»..»****»»»«»»«»«•*«.»»»«»»«««.»*»*»*»«*»»«**«»*«**** 6M€tals.»M,«»*»».«,««.»,.««..«^^^^ 2-6,10-12,15,24-26 ' 'Milk «..««.v.»»w*.»o,»..««»...;.«.«.»^..«»»»*«*.«.w». • ' • 21 , Mining and minerals..M.«^w,.w*........»,.» 2, 6, 10-12, 15 Monetary statistics .,WM,,«^^..,*«.«».««««,M««»*..» 15 Money and interest rates .»«««.».«..*»««»«.*.».,»M» 14 Money supply i«.,.».,,.«.«*.,».,«»»»«*«,,...,.«..,«..».»!,» 15 Mortgage applications, loans, rates .................. 8, 13, 14 Motor carriers .*i«..»«^,.».».*««..»«««»«»..««..,tM, 18 Motor vehicles ,„„„>«.,„»..,.*»„.., 2-4, 6, 8, 9, 15, 17, 32 „.,„.„..„.„«; Newsprint „..„..„..«..».„....«.„,....«*.„„*..«,.*,»......, New York Stock Exchange, selected data .,..„«., Nortf^rrous metals „„„,...„...„....,„,.„.,» 2, 4, 5,15, 25f 18 29 16 26 CHls and^fats .,..,..«..„,..»,.„..,#».»..„.«««*.«....««*.*., 17 Orders, new and unfilled, manufacturers'........... 4, 5 "" '" "~ ' " ,«..^..«,...«,- . 14' Paint and paint materials ....... „.,,««.*..»«.«: ;r 20' Paper and products and pulp.. > 6,10-12,15, Parity ratio ,.„„ Passenger cars.. 18 Personal consumption expenditures .................... 1 Personal income ,i«..«.«««»«rt..ii.«.«,,»..».«.«,».«« Personal outlays ««M..,Mo»iM;«.««,««*.w.«M««»>».<.«* Petroleum and products ....................................... ' - . - > '',;, \:'--- ' '• 10-12, 15j 17,27 x28 1 'Pig iron ,,,.»,«.;«u»».»»»#»M.».M«v»,»«»!i»,..«».«»»»*»*»*t.»....».**/ ,: •/ '24r * 20 Plastics and resin materialsi«««*»«««*«i.*»«.«».»». Population J»>*«,v««,««»,»«.««*.«.«.*«»%..,«..»«».....««.«i ' 9 Poultry and egp ,...,M.«..».«.«*»,«,*,«.,,.i...»..««.»*, 5, &* Price deflator, implicit (PCE) .....,..i.,.....^,.«,.^ 1 Prices (see also individual commodities) ............. 5, 6 Printing and publishing ,.««„„,„«.„.„»,„«,.««**».* 2^ 10-12 Private sector employment, hours, earn* • ings ,M;...,..;*w,,;*«,«*»..«««.«..«.v,»«»i,«.«,««*«,««,* '10-12 '' Producer iPrice Indexes .»«»«,^»««**,«....,»,«.««.**«*» ; 6 ' *M.»;..«»*«.««.««««*,»*M.»« ' - ' ': 15:: ...^«««,««^w. 1, 2, 7, IB, 16, 20 Pulp and pulpwood .....,.........,..,.......,.......„....».....* ; 28 Purchasing power of the dollar .,„*,.„..,„.».,.«„.«,» 6 Radio and television .s,.;...^^,,... Railroad ' .,,„„..«..,..,*.„ 8,13 , Receipts, U.S» Government ,..«.».«, .......,..*i.,w,.-.,.v/, '' ; 14 ' Refrigerators .«,.iM.w«.»»*»i»*«-*.»»..«»,» r,,M.,......w..«..,- '": ;27 Registrations (new vehicles) ^,.....M ff,.,««..,.,..«..rf. • - - 32 Rent (housing) i««...»««w..*;*».**..«».» „„„;, ,;„•,„,;•:• '''6-2,3, 5, 8-12,14,32 RetaiLtradeV«..f_____,.w,«.»~...»; Rubber and products (incl. plastics) .................... 2-4, . , ' :< , / \ , - " v1;',,. -'• , 6,'10-12,;a9., Saving, personal ,.„„„„,„,..„„.„,*».*.»*»««,..»»..»«%.** 1 Savings and loan assoc., new mortgage loans, 8 Sayings deposits .........*.«,...„...».„....».,..,,,.«««*..«. 13; Securities issued *.„..„»..».„...,,„..».»,..,..,....,*.**«..«. 15 Security markefci „..„„„....«.«««».«.«..,,...«.««.«.« 15,16 ..'Services ».^,,.v,.;.*,....«w..*.«*.,«M 10-12 '. Sheep and lambs ..„..„,.,„,«„..„«.»„»„....«.«......«. 22 Shoes and other footwear «wi«,«.i,.«.»««..«.«««.. ; 23 mvw<»<*»^.~.»»~**»^^^^ = . . ':H. Spindle activity^ cotton «..,.»..»»..».»..,..»..«..«...«. 31 Steel (raw) and steel manufactures ,.,,,.,,,.,,^.,..2 25 -, Steel scrap •i«..^.....,.«.,«.,«»,...,..»......4.^.»,..,.....« - , - 24 Stock n>arket customer |lttancing«.^,.M**.,*,.,.,,M«* 15 Stock prices, yields,^ sales, etc^ ^,,M,«,*,,».,,,«,.,«,.* 16 Stone, clay, 0ass products..,«.«...«.,« 2-4,10-12,15, ^> Suitor..;,^,.,.,,.*,. 'X;;;i9', Sulfuric acid».,..;. Superphosphate .. 23 Tea imports «.,„.. Telephone and telegraph carriers .,.,,.^«t.,,M..f«». "; 19;;; v 27 Television and radio ;.,.*,,V«**»»U.,..«.,,..*.«.«*....^.«.. Textiles and prodncts i,..,.«.««..*.. 2-4,10-1^,15, 303* 26 Tin .^WM.^m^.^^,»^M.^.^*w^MtfM«M*^w*w«**«i»u*Tires and tener tubes »*.»»»^««' Tobacco and manufactures...... : Tractors ,,.«,...,w.«»..«»».wv,*i.».«.U'. Trade (retail and wholesale)... Transit lines, urban ,,„*;„,. Transportation.................. Transportation equipment Travel «.MM.»..«.,.««.*...*.».i*»*-*.w...it.««» •/'Truct trailers ......*..*,...'.,....«.««.v«...:,, Trucks (industrial and other).......... Unemployment and insurance.......... H.S. Government bonds .,..,..*.„.*.,,... JJ.S, Government finance ,.,.*».*,*i«,,«f, ' 16 2,6^7,15,16,20 Vacuum cleaners «..«*M,^»«.*« ,,„,;,,......« v * ,.9 Variety stores ««..«v.....».^.«« Vegetables and fruits »«».t.i«, -13 , Veterans' unemployment insurance....... . . • . . . , , . . , . . ! . . ' „ , , Washers and dryers ..^.. .Water heaters i.«.»«iV*»*»*«**««*«« Wheat and wheat flour ............... Wholesale trade .«.««*.*.*i.V«*.,... Wootf pulp «..«M»,..««...,*i.««,.v«.» Wool and wool manufactures .... Zinc,„««»„«««*«...« , «7 - ' UNITED STATE G OFFIC WASHINGTON, D.C. 2O4O OFFICIAL B U S I N E