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JUNE 1983 / VOLUME 63 NUMBER
SURVEY OF CURRENT BUSINESS
CONTENTS
THE BUSINESS SITUATION
1
'**!«<*-*
National Income and Product Accounts Tables
7
Reconciliation and Other Special Tables
18
U.S. Department of Commerce
Malcolm Baldrige / Secretary
Robert G. Dederick / Under Secretary
for Economic Affairs
Plant and Equipment Expenditures,
the Four Quarters of 1983
19
Plant and Equipment Expenditures by Business
for Pollution Abatement, 1982 and Planned 1983
24
Bureau of Economic Analysis
George Jaszi / Director
Allan H. Young / Deputy Director
U.S. Business Enterprises Acquired or Established
by Foreign Direct Investors in 1982
27
U.S. International Transactions, First Quarter 1983
33
Constant-Dollar Inventories, Sales, and Inventory-Sales
Ratios for Manufacturing and Trade
68
CURRENT BUSINESS STATISTICS
General
SI
Industry
S19
Footnotes S33
Subject Index (Inside Back Caver)
Carol S. Carson / Editor-in-Chief,
Survey of Current Business
Manuscript Editor: Dannelet A. Grosvenor
Managing Editors Patti A. Trujfflo
Staff Contributors to This Issue: R. David Belli,
Leo M. Bernstein, Douglas R. Fox, Bruce T. Grimm,
Russell C. Krueger, J. Steven Landefeld, Daniel J. Larking,
John Mon, William J. Russo, Jr., Gary L. Rutledge,
Eugene P. Seskin
SURVEY OF CURRENT BUSINESS. Published monthly by the Bureau
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111 W. Huron St. 846-4191
the BUSINESS SITUATION
2AL GNP increased at an annual
rate of 6V2 percent in the second
quarter, following an increase of 2Vz
percent in the first. GNP prices increased 4x/2 percent, somewhat
more
than in the first quarter.1 The unemployment rate was down but, at 10.0
percent in May, remained high. Gains
in employment were substantial and
widespread.
• Real personal consumption expenditures registered a strong secondquarter increase—about 5 percent at
an annual rate. Purchases of motor
vehicles were up after changing little
in the first quarter. (See the following
section on motor vehicles.) Other durables increased again, due to the continued strength of furniture and
household equipment. Nondurables
increased, but less than in the first
quarter; a swing to a decline in food
was a major factor in the deceleration. Services, after an unusually
small increase in the first quarter,
registered a sharp increase in the
second. Spending on electricity and
gas for home heating ws influenced in
both quarters by unusual weather. In
some parts of the country, the winter
1. The major source data that shed light on secondquarter GNP are limited to 1 or 2 months of the quarter, and in some cases are preliminary. These data
are: For personal consumption expenditures (PCE),
April and May retail sales, unit sales of new autos
through the first 10 days of June, and sales of new
trucks for April and May; for nonresidential fixed investment, the same data for autos and trucks as for
PCE, April construction put in place, April manufacturers' shipments of business equipment, and business
investment plans for the quarter; for residential investment, April construction put in place, and April
and May housing starts; for change in business inventories, April book values for manufacturing and trade,
and unit auto inventories for April and May; for net
exports of goods and services, April merchandise trade;
for government purchases of goods and services, Federal unified budget outlays for April, State and local
construction put in place for April, and State and
local employment for April and May; and for GNP
prices, the Consumer Price Index for April and the
Producer Price Index for April and May.
was unusually mild and the spring
was unusually cool.
• As discussed in the section on
residential investment, both singlefamily and multifamily construction
were up in the second quarter, continuing the recovery begun in late
1982.
• Information on fixed investment
other than residential construction is
sketchy. It appears that real nonresidential construction declined for the
fourth consecutive quarter. The decline in the second quarter was more
widespread than in the first. In producers' durable equipment, motor vehicles increased about as much in the
second quarter as in the first, and
other producers' durable equipment
increased more than in the first.
• Little information is yet available
about the other components of final
sales—net exports and government
purchases. It appears that real net exports were down substantially. Exports—both merchandise and services—were down, and imports—both
merchandise and services—were up.
In real government purchases, it appears that both Federal purchases
and State and local purchases were
down slightly. An increase in defense
purchases was more than offset by a
decline in the price support operations of the Commodity Credit Corporation. In State and local purchases, structures more than accounted for the decline.
• For the change in business inventories, reasonably complete informa-
Chief, Current Business Analysis Division
BEA invites applications for the position of Chief, Current Business Analysis Division.
(The salary range for this career reserved position in the Senior Executive Service starts at
$56,945 per annum.)
The Division Chief plans and directs the work of the Division; that work includes the
preparation of interpretations of the current business situation for publication in the
SURVEY OF CURRENT BUSINESS, preparation of other analyses of economic developments,
editing and review of all materials to be published in the SURVEY and other BEA publications, conduct of public information activities, and provision of publication services. As a
research economist, the Chief is responsible for the analysis of short-run developments, cyclical movements, and long-term trends in economic activity and of national and international economic policies and their effect on the economy.
Applicants should have demonstrated competence in economic research and writing, in
directing the economic research of others and reviewing written work, in the use of tools
and techniques used in interpreting major economic developments and problems, and in
conducting high-level consultations with officials in the Federal and private sectors. A
strong background in national economic accounting is required, and experience in managing
publications and public information programs is desirable. In addition, applicants will be
required to meet managerial/executive qualifications mandatory of all positions in the
Senior Executive Service. They must have 21 semester hours in economics plus 3 semester
hours in statistics, accounting or calculus.
To apply, submit an SF-171 (the Office of Personnel Management's "Personal Qualifications Statement"), Form 1386 (the OPM "Background Survey Questionnaire"), and a supplemental statement of how the applicant's qualifications match those listed above. The deadline for applications is July 29, 1983. Applications should be addressed to: U.S. Department
of Commerce, Office of Personnel Operations, Room 5014, Washington, D.C. 20230.
For more information, contact Carol S. Carson, Chief Economist, Bureau of Economic
Analysis, on (202) 523-0707.
The Department of Commerce is an equal opportunity employer.
SURVEY OF CURRENT BUSINESS
tion is available only for motor vehicles. After several quarters of sharp
changes that included both runups
and liquidations, motor vehicle inventories registered only small changes
in the first and second quarters.
Other inventories, through the first
quarter, had registered five consecutive quarters of substantial liquidation. The limited evidence about these
inventories in the second quarter suggests little, if any, further liquidation.
• The acceleration in GNP prices
as measured by the fixed-weighted
price index was more than accounted
for by the prices of food and energy.
Energy prices, which had declined in
the first quarter, increased in the
second; the increase was partly due to
the imposition of a 5 cents a gallon
Federal excise tax on gasoline effective April 1. Food prices, which had
increased 3 percent in the first quarter, increased at about double that
rate in the second. Most other major
categories of prices continued to increase at about the same or somewhat
lower rates than in the first quarter.
Personal income and its disposition
Personal income increased $56 billion—the largest increase since the
third quarter of 1981.2 The acceleration from the first quarter, when personal income increased $24 billion,
was in wage and salary disbursements, proprietors' income, and transfer payments.
In wages and salaries, which increased $39 billion, each of the categories shown in table 1 increased more
than in the first quarter. Sharp accelerations in private wages and salaries
were due to increases in employment
and in average weekly hours. In government and government enterprises,
the larger increase in the second
quarter was due to retroactive wage
payments of about $1 billion to Postal
Service employees following settlement of a suit under the Fair Labor
Standards Act.
2. Quarterly estimates in the national income and
product accounts are expressed at seaonally adjusted
annual rates, and quarterly changes in them are differences between these rates.
Table 1.—Personal Income and Its Disposition:
Change From Preceding Quarter
[Billions of dollars; based on seasonally adjusted annual rates]
19*]2
Wage and salary disbursements
Manufacturing
Other commodity-producing
Distributive
Services
....
Government and government enterprises
Proprietors' income
Farm
Nonfarm
Personal interest income
Transfer payments
Other income
Less: Personal contributions for social insurance...
Personal income
Less: Personal tax and
nontax payments
Impacts of legislation
Other
Equals: Disposable personal income
19*53
III
IV
I
13.4
-1.9
4.5
-8.0
22.8
7.3
38.9
11.9
-1.6
30
10.2
-.6
4
7.1
1.0
23
82
1.8
92
11.2
3.5
5.6
4.0
4.8
1.0
-.7
1.8
10.6
7.5
3.1
0
-5.2
5.2
7.1
.2
6.9
1.9
3.1
6.2
-3.6
15.8
16.8
4.5
33
II*
-1.7
5.2
50
1.1
.1
3.9
2.1
39.8
31.5
24.2
56.1
-6.7
-18.4
11 7
5.3
-2.8
81
1.2
-10.9
12 1
13.3
-2.1
155
42.8
46.6
26.2
22.9
Less: Personal outlays
38.9
44.8
23.1
Equals: Personal saving
7.6
-18.6
-.1
12.0
1.2
Addenda: Special factors in
personal income —
Cost-of-living increases in
Federal transfer payments
Social
security
base
change (in personal
contributions for social
insurance)
Subsidies to farmers
Federal pay raise
Federal employee contributions to Medicare
under social security
3.9
52.2
-9.4
1.0
June 1983
regular
unemployment insurance
benefits and in retroactive social security payments after declines in the
first quarter. A cost-of-living increase
in Federal employee retirement benefits in the second quarter also contributed.
Personal taxes increased $13 ¥2 billion in the second quarter. Legislation
enacted in recent years held down the
increase only $2 billion, compared
with $11 billion in the first quarter.
That $11 billion was the net effect of
reductions under the Economic Recovery Tax Act of 1981—about $14 Vz billion primarily due to earlier rate reductions, the married couples deduction, and the all savers' exclusion—
and increases under the Tax Equity
and Fiscal Responsibility Act of 1982.
Disposable personal income increased $43 billion, $20 billion more
than in the first quarter. Despite this
rather strong increase (8 percent at
an annual rate), personal saving was
down in the second quarter, as personal outlays increased even more
strongly. The saving rate was down
about a half percentage point from
the 5.9 percent registered in the first
quarter.
19
-1.1
6.4
27
-2.9
-2.5
1
.8
* Projected.
NOTE.—Most dollar levels 8ire found in the National Income
and Product Accounts Tables, table 2.1.
Proprietors' income increased about
$7 billion after no change in the first
quarter. Most of the improvement
was in farm income, which had declined $5 billion in the first quarter
but was unchanged in the second.
Subsidy payments to farmers declined
again in the second quarter, and only
moderately less than the $3 billion decline in the first. A drop in production volume, however, was much less
than in the first quarter and, in its
effect on farm income, was more than
offset by another increase in farm
prices.
Transfer payments increased about
$5 billion after a $P/2 billion decline
in the first quarter. The turnaround
was largely due to a leveling off in
Motor vehicles
Motor vehicle output increased
about $7 billion (1972 dollars) in the
second quarter, following an increase
of about the same size in the first
(table 2). Both autos and trucks contributed, as they had to the first-quarter increase. Sales of new cars and
trucks were up strongly, reflecting
the acceleration in personal income
and the improvement in economic
conditions. Domestic and foreign manufacturers continued to offer sales incentives, mainly below-market financing, but their impact on total sales is
uncertain. Motor vehicle inventories
registered a small increase in the
second quarter, after a small decline
in the first.
Unit sales of new cars increased to
8.8 million (seasonally
adjusted
annual rate) from 8.4 million in the
first quarter (chart 1). The pickup was
more than accounted for by an increase in domestic car sales; imported
car sales declined again.
June 1983
SURVEY OF CURRENT BUSINESS
3
Table 2.—Motor Vehicle Output
CHART 1
Retail Sales of New
[Billions of 1972 dollars; s asonally adjusted annual rates]
Change from preceding quarter
1982:1
Output
Autos
Trucks-
45.2
31.3
13.9
Final sales
Autos
Trucks
53.4
38.3
15.1
Change in business inventories
Autos
Trucks
-8.2
-7.0
-1.2
1982
III
IV
10.1
8.4
1.7
1.0
2.6
-1.6
-7.6
-5.1
-2.5
12.5
9.7
2.8
-1.2
.4
-1.6
2.0
2.1
-.1
1983:11*
1983
II
-2.4
-1.3
-1.1
Million units
6.6
5.5
1.1
-14.0
-10.6
-3.4
IP
I
6.8
4.8
2.0
6.9
4.2
2.7
62.4
46.2
16.2
0
-.7
.7
4.8
3.0
1.8
61.2
45.2
16.0
6.7
5.5
1.2
2.2
1.3
.9
1.2
1.0
.2
*Projected. Based on unit production in April and May and scheduled production for June, unit sales of autos through the
first 10 days of June and of trucks for April and May, and unit inventories for April and May.
NOTE.—For estimates through 1983:1, see tables 1.14-1.15 and 1.16-1.17 of the National Income and Product Accounts Tables.
Auto output includes dealers' margins on their used car transactions; truck output includes new trucks only.
7
Sales of imported cars declined
from 2.4 million in the first quarter to
2.2 million in the second, and their
share of total sales dropped from 28l/2
percent to 25 percent. Sales of Japanese cars, which make up the bulk of
imports, probably were held down by
tight supplies; shipments of these cars
to the United States had been reduced in the first quarter to comply
with an agreed limit of 1.68 million
for the year ending March 31. Shipments picked up in the second quarter, as Japanese manufacturers attempted to rebuild depleted inventories. (The increase in second-quarter
motor vehicle inventories in table 2 is
based upon a projected increase in
foreign car inventories.)
Sales of domestic cars increased to
6.6 million from 6.0 million in the
first quarter. Unit sales and the
market share of each size category increased in the second quarter. Fullsize cars accounted for 181/2 percent of
total sales, their largest share in 3Vfe
years, and intermediates accounted
for 24 Vb percent, their largest share
in 4*/2 years. The market share of
small cars—subcompacts and compacts—was up to 32V2 percent from
30 percent in the first quarter. The
tight supplies of competing Japanese
cars and the modification of belowmarket financing programs to favor
small cars contributed to the turnaround. Automakers offered financing
at about 10 percent, and later in the
quarter at about 9 percent, on most
subcompact and compact models. For
the most part, financing on larger
models continued at about the 12- or
13-percent rates offered in the first
quarter.
In conjunction with the increase in
domestic sales, production was
stepped up to 6.3 million units (seasonally adjusted annual rate) from 5.9
million in the first quarter. Despite
the step-up, production was below
sales in the second quarter, and inventories declined slightly from
1,244,000 units (seasonally adjusted)
in the first quarter. The ratio of inventories to sales fell from 2.5 to
about 2.2, a ratio close to that usually
considered desirable by the industry.
Anticipating further increases in
sales, automakers have scheduled another step-up in production in the
third quarter.
I
I
I
I
I
I
I
1 1
I
1 i
I
I
I
I
1
l l
DOMESTIC LARQE CARS
0 I I I i l l I I I t t I I I t I I i I I
DOMESTIC SMALL CARS AND IMPORTS
Total new truck sales increased
sharply from 2.7 million units (seasonSubcorttpic!
ally adjusted annual rate) in the first
Cornet
quarter to 3.1 million in the second.
The increase was entirely accounted
I
t t
I
_L
for by an increase in light domestic
1979
1980
1981
1982
1983
truck (up to 10,000 pounds) sales from
Seasonally Adjusted at Annual Rates
Note.—The components may not add to the total because each
2.1 to 2.5 million. The same belowcategory was separately adjusted for seasonal variation. Data for
market financing that was available
the most recent quarter are projected.
Data: Motor Vehicle Manufacturers Association of the United States,
on small cars was offered on several
Inc. and Ward's Automotive Reports.
compact pickup models. Sales of im- U.S. Department
of Commerce, Bureau of Economic Analysis
ss-e-i
ported trucks changed little from the
0.40 million registered in the first
quarter. Japanese manufacturers con- Residential investment
tinue to offer financing and cash inResidential investment increased
centives on their compact pickups. strongly for the third consecutive
Sales of "other" domestic trucks (over quarter. Both single-family and multi10,000 pounds) remained near their family construction were up.
recession low of 0.17 million. ProducFactors usually discussed in analytion of domestic trucks was stepped ses of residential investment generalup to the level of sales in the second ly continued to be favorable. Building
quarter, so inventories changed little. permits continued an upswing begun
SURVEY OF CURRENT BUSINESS
last summer with steady increases
through May. Several other factors
can be described as favorable, although with some qualification.
Housing starts, which tend to be erractic on a monthly basis, rose sharply in January and February, but then
fell substantially before rebounding in
May (chart 2). On average, singlefamily starts in April-May were the
same as in the first quarter, but multifamily starts were almost 50,000
lower. Sales of both new one-family
houses and existing single-family
homes maintained their relatively
high levels through April, but the
rate of increase slowed for existing
homes, and sales of new houses drifted down slightly from their January
level.
At savings and loan associations
(S&L/s), the inflow of new deposits
(exclusive of interest credited) was
strong during December-April, allowing S&L/s to reduce their outstanding
borrowings from Federal home loan
banks and to increase their outstanding commitments to originate mortgages. The rate of inflow, however, declined steadily as more and more customers completed the portfolio readjustments occasioned by the authorization of money market deposit accounts in December. Further, mortgage loans closed by S&L's during
this period contained an unusually
high percentage of loans for the purpose of refinancing mortgages taken
out in earlier years. Twenty percent
of S&L mortgage closings during December-April were for refinancings,
compared with (an already high) 13
percent in 1982. Nine percent of S&L
mortgage closings during thi$ period
were for the purpose of purchasing
newly built houses, compared with
more than 17 percent in 1982.
The commitment rate on 30-year
level-payment mortgages with loan to
price ratios of 80 percent fluctuated
in a narrow range around its average
of 12.74 percent from the end of
March to the beginning of June. The
prime rate, which is frequently used
as a barometer of the rate on construction loans, was constant at 101/2
percent during the same period. But
these rates, which had fallen steadily
since the middle of last year, showed
no clear tendency to continue their
downward trend.
June 1983
CHART 2
Housing Starts
Millions of Units
2.5
2.0
1.5
1.0
i t i i i i i i i i i t i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i iit i i i i i i i i i i i i i
1979
Data: Census,
1980
1981
1982
1983
Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Bureau of Economic Analysis
First-Quarter Corporate
Profits
Profits from current productionprofits with inventory valuation and
capital consumption adjustments—increased $211/2 billion to $186 billion in
the first quarter, following a $1V2 billion decrease in the fourth. (This firstquarter estimate is $V4 billion higher
than the preliminary one published a
month ago.) The increase was centered in the profits of domestic nonfinancial corporations and was second
in size only to the increase in the
second quarter of 1978.
Domestic profits of nonfinancial
corporations increased $21 billion to
$135 billion in the first quarter, following a decrease of $11 billion. This
increase was the largest since the
first quarter of 1981, and reflected
both a turnaround in the real product
of nonfinancial corporations and an
increase in unit profits. The increase
in unit profits was the result of an increase in unit prices coupled with
level unit costs. All of the components
of unit costs contributed to its deceleration: Unit labor costs and per-unit
indirect business taxes increased only
slightly, and per-unit capital consumption allowances and interest expenses decreased slightly (chart 3).
The increase in profits of nonfinancial corporations was widespread.
Profits in most major manufacturing
industries increased along with increased sales. A large decrease in the
profits of petroleum manufacturers
reflected both lower sales and, because petroleum manufacturers extract a major share of domestic crude
oil, lower prices for crude oil. Profits
in most major nonmanufacturing industries also increased.
Domestic profits of financial corporations increased $4 billion to $33 billion in the first quarter, following an
increase of $4V2 billion. About twothirds of the increase was due to savings and loan associations, which returned to profits following eight consecutive quarters of losses. The return
to profits reflected the resumption of
substantial inflows of net new savings. The inflows, in turn, appear to
be associated with the availability of
high-interest money market deposit
accounts beginning in December 1982
and the effects of liberalized rules for
individual retirement accounts. Profits of most other financial industries
also increased. A decrease occurred in
the profits of Federal Reserve banks,
however, as average interest rates fell
on its holdings of Federal debt instruments.
SURVEY OF CURRENT BUSINESS
June 1983
Profits from the rest of the world
decreased $3 billion to $18 billion in
the first quarter, following an increase of $4V2 billion. Decreases occurred in both the petroleum and
nonpetroleum components of these
profits.
Other measures of profits.—Profits
before tax increased $2 billion to $178
billion in the fourth quarter, follow-
Domeslic Nonfinancial Corporate
Business: Prices, Costs, and
Profits Per Unit of Real Product
ing a decrease of $4x/2 billion. These
profits increased less than profits
from current production because they
exclude the inventory valuation adjustment (IVA) and the capital consumption adjustment (CCAdj). The
IVA registered a swing from negative
to positive values, as it increased $13
billion (from -$12% billion to $% billion) in the first quarter, following a
decrease of $2% billion. The CCAdj
increased $6% billion (from $1% billion to $7% billion) in the first quarter, following a $5 billion swing from
a negative to a positive value in the
fourth quarter.3 The increase reflect-
Dollars
2.30
3. The capital consumption adjustment converts depreciation of fixed capital to a consistent basis with respect to service lives (85 percent of Internal Revenue
Service Bulletin F for equipment and nonresidential
structures) and depreciation formulas (straight line). It
also converts depreciation of fixed capital used up in
production to replacement cost, the valuation concept
underlying national income and product accounting,
from historical cost, the concept generally underlying
business accounting.
2.00
1.70
Table 3.—Corporate Profits From Current
Production Less Corporate Profits Taxes
[Billions of dollars; seasonally adjusted annual rates]
I
1977
1978
1979
1980
1981
1982
1983
804
97.7
1112
1000
1089
1004
120.9
II
HI
IV
945
109.4
1090
98.9
1059
1000
1072
112.8
1097
95.6
1107
1053
961
116.6
989
93.3
1123
1066
NOTE.—This measure is shown as "corporate profits after
tax with IVA and CCAdj" in the National Income and Product
Accounts Tables, in the addenda to table 1.11.
ed the effects of provisions of the Economic Recovery Tax Act of 1981
(ERTA) permitting the use of shorter
service lives for measuring the depreciation on new capital (as reported to
the Internal Revenue Service), which
is a deduction from receipts in the
calculation of corporate profits. As
corporations depreciate increasing
amounts of capital using the shorter
service lives, the component of the
CCAdj that adjusts tax-return depreci-
Table 4.—Revisions in Selected Component Series of the NIPA's, First Quarter of 1983
Seasonally adjusted at annual
rates
45-day
estimate
1.40
Labor Compensation
s
V
75-day
estimate
Revision
Percent change
from preceding
quarter at annual
rates
45-day
estimate
75-day
estimate
Billions of current dollars
GNP
Personal consumption expenditures
Nonresidential fixed investment
Residential investment
Change in business inventories
N e t exports
Government purchases
1.10
. . .
. .
National income .
.30 ~
Compensation of employees
Corporate profits with inventory valuation and capital consumption
adjustments .
Other
Capita! Consumption Allowances
with CCAdj
Personal income
3,170.9
2,054.2
338.1
120.5
-37.3
19.0
676.4
3,170.6
2,052.9
337.1
121.0
-36.3
19.6
676.3
-0.3
-1.3
-1.0
.5
1.0
.6
-.1
8.3
4.7
-.4
99.4
8.3
4.4
-1.6
102.6
-".2
-"3
2,523.9
2,524.9
1.0
9.2
9.4
1,908.4
1,908.1
-.3
7.1
7.0
185.4
430.2
186.1
430.8
.7
.6
60.7
1.9
63.2
2.5
2,648.2
2,648.2
3.7
3.7
0
Billions of constant (1972)
dollars
.20 GNP..
Personal consumption expenditures
Nonresidential fixed investment
Residential investment
Change in business inventories
Net exports
Government purchases
Profits Before Tax
with IVA and CCAdj
.10
.
. .
1,486.2
1,486.7
.5
2.5
2.6
973.1
163.1
49.7
-16.1
23.5
292.9
972.9
162.4
49.8
-15.5
24.7
292.4
2
-.7
.1
.6
1.2
-.5
2.6
5.6
79.6
2.5
3.9
80.5
-8.5
-9.1
5.7
3.2
3.4
5.5
3.3
3.5
Index numbers, 1972=100
'
GNP implicit price deflator
GNP fixed-weighted price index .
GNP chain price index
Net interest
J l
1980
I
I I j I
1981
I
I }
1982
l
i
I
1983
Seasonally Adjusted
N0te_price per unit is current dollar product divided by constant
dollar (real) product. Costs and profits per unit are respective
components of current dollar product divided by constant dollar
product.
U.S. Department of Commerce, Bureau of Economic Analysis
83-6-3
213.36
220.4
213.26
220.4
l
-.10
0
1. Not at annual rates.
NOTE.—For the first quarter of 1983, the following revised or additional major source data became available: For personal
consumption expenditures, revised retail sales for March, consumer share of new car purchases for March, and consumption of
electricity for March; for nonresidential fixed investment, revised manufacturers' shipments of equipment for March, revised
construction put in place for March, and business share of new car purchases for March; for residential investment, revised
construction put in place for March, and residential alterations and repairs for the quarter; for change in business inventories,
revised book values for manufacturing and trade for March; for net exports of goods and services, revised merchandise trade and
revised service receipts for the quarter; for government purchases of goods and services, revised construction put in place for
March; for wages and salaries, revised employment, average hourly earnings, and average weekly hours for March; for net
interest, financial assets held by households for the quarter, and revised net interest received from abroad for the quarter; for
corporate profits, revised domestic book profits for the quarter, and revised profits from the rest of the world for the quarter; and
for GNP prices, revised residential housing prices for the quarter, and revised producer price indexes for March.
SURVEY OF CURRENT BUSINESS
ation to consistent service lives becomes increasingly positive. The effects of ERTA have progressively
added to the CCAdj by somewhat
more than $2 billion per quarter, beginning with the first quarter of 1981.
The increases in the CCAdj were also
consistent with a rate of inflation in
prices for fixed nonresidential investment in the first quarter that was
lower than in the fourth quarter.
Corporate profits taxes increased $7
billion to $65 billion in the first quarter, following decrease of $3 billion.
The increase in taxes was larger than
the increase in profits before tax because profits from the rest of the
world fell and because many provisions of the Tax Equity and Fiscal Re-
sponsibility Act of 1982 (TEFRA) went
into effect. A decrease in profits from
the rest of the world lowers profits
before tax but has no effect on profits
taxes. The provisions of TEFRA
raised profits taxes about $5 billion.
TEFRA contains a large number of
small revenue-generating measures;
two of the most important are a reduction in benefits from "safe harbor"
leasing and a repeal of benefits from
modified coinsurance transactions.
Reflecting the larger increase in
taxes than in profits before tax, profits after tax decreased $5 billion to
$112% billion in the first quarter, following a decrease of $1V2 billion.
If corporate profits taxes are deducted from corporate profits from
June 1983
current production, the result is a
measure of the excess of income over
taxes and expenses (including those
necessary to maintain tangible capital
intact), i.e., the amount available to
corporations for capital expansion or
distribution as dividends. This measure increased $14 V2 billion to a record
$121 billion in the first quarter (table
3).
First-quarter NIPA revisions
The 75-day revisions of the national income and product account estimates for the first quarter of 1983 are
shown in table 4.
NOTE.—Revised estimates of the national income and
product accounts for the last 3 years will be presented in
the July issue of the SURVEY OF CURRENT BUSINESS. These
estimates will incorporate new source data and updated
seasonal adjustment factors.
SURVEY OF CURRENT BUSINESS
June 1983
National Income and Product Accounts Tables
New estimates in this issue: First quarter 1983, revised.
The abbreviations used in the tables are: CCAdj Capital consumption adjustment
IVA
Inventory valuation adjustment
NIPA's National income and product accounts
p
Preliminary
r
Revised
The NIPA estimates for 1929-76 are in The National Income and Product Accounts of the United States, 1929-76: Statistical Tables (Stock
No. 003-010-00101-1, price $10.00). Estimates for 1977-81 and corrections for earlier years are in the July 1982 SURVEY. These publications are
available from the Superintendent of Documents and Commerce Department District Offices; see addresses inside front cover.
Table 1.1-1.2.—Gross National Product in Current and Constant Dollars
Billions of dollars
Billions of 1972 dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
1982
1981
IV
Gross national product
2,937.7 3,059.3
Personal consumption expenditures
1,843.2
Durable goods
Nondurable goods .
Services
234.6
734.5
874.1
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
. ..
1982
I
II
1983
III
IV
1,919.4
1,947.8 1,986.3
1982
1983
1982
1981
IV
I
II
III
IV
lr
1,490.1
1,470.7
Ir
1,478.4
1,481.1
1,477.2
1,486.7
2,030.8 2,052.9
947.6
956.9
943.4
949.1
955.0
956.3
967.0
972.9
138.8
365.0
453.1
134.1
363.1
446.2
137.5
362.2
449.5
138.3
364.5
452.2
136.4
365.9
454.0
142.8
367.6
456.6
145.0
370.0
457.9
3,003.2 2,995.5 3,045.2 3,088.2 3,108.2
1,971.1 1,884.5
1981
3,170.6
1,502.6 1,476.9
242.7
762.1
966.3
229.6
746.5
908.3
237.9
749.1
932.4
240.7
755.0
952.1
240.3
251.8
256.9
768.4
775.7
777.5
977.6 1,003.3 1,018.5
140.0
362.4
445.2
471.5
420.3
468.9
414.8
431.5
443.3
391.5
421.7
225.8
196.9
218.9
195.4
202.3
206.3
183.5
196.7
451.1
346.1
129.7
216.4
104.9
99.7
2.1
3.2
20.5
15.0
5.5
444.1
348.0
141.5
206.5
96.2
90.5
2.5
3.2
-23.8
-24.3
.5
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
.4
447.7
352.2
143.6
208.6
95.5
89.6
2.8
3.2
-16.2
-15.0
-1.2
438.6
344.2
141.3
203.0
94.3
88.7
2.4
3.2
4.7
3.7
1.0
439.9
338.4
139.6
198.8
101.4
95.7
2.5
3.2
-48.3
50 0
1.7
458.1
337.1
136.8
200.3
121.0
115.2
2.4
3.3
-36.3
356
-.1
216.9
172.0
51.6
120.4
44.9
42.1
.9
2.0
9.0
6.8
2.1
206.1
165.7
53.1
121.4
40.3
37.4
1.0
1.9
-9.2
-9.4
.2
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
156
.2
206.7
166.7
53.7
113.0
40.1
37.0
1.1
1.9
-4.4
-3.8
-.6
202.9
163.4
53.0
110.4
39.5
36.6
1.0
1.9
3.4
2.9
.5
203.8
160.9
52.3
108.6
42.9
40.0
1.0
1.9
-20.3
-21.1
.8
212.2
162.4
51.6
110.9
49.8
46.8
1.0
2.0
-15.5
-15.1
-.5
26.1
20.5
23.5
31.3
34.9
6.9
9.1
19.6
42.0
31.8
36.5
36.9
35.7
27.5
27.2
24.7
367.3
341.3
350.8
330.3
367.9
344.4
359.9
328.6
365.8
330.9
349.5
342.5
328.1
319.1
332.4
312.8
158.5
116.4
148.1
116.3
156.9
120.4
151.7
114.7
154.4
118.7
147.5
120.0
138.8
111.6
138.9
114.2
596.9
647.4
626.3
630.1
630.9
651.7
676.8
676.3
287.1
291.3
291.3
289.2
285.3
291.1
299.5
292.4
228.9
153.7
75.2
368.0
257.9
178.6
79.3
389.4
250.5
166.9
83.6
375.7
249.7
166.2
83.5
380.4
244.3
176.2
68.2
386.6
259.0
182.7
76.3
392.7
278.7
189.3
89.4
398.0
274.1
195.2
79.0
402.2
110.4
73.5
36.8
176.7
116.4
78.6
37.8
174.9
116.0
76.1
39.9
175.3
114.4
74.5
39.8
174.9
110.3
78.2
32.1
175.0
116.2
80.6
35.5
174.9
124.7
81.0
43.7
174.8
117.9
82.3
35.5
174.6
Table 1.3-1.4.—Gross National Product by Major Type of Product in Current and Constant Dollars
Billions of 1972 dollars
Billions of dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
1982
1981
IV
Gross national product
2,937.7 3,059.3
Final sales
Change in business inventories
Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
....
3,003.2
1982
I
II
1983
III
2,995.5 3,045.2 3,088.2
IV
1981
1982
lr
3,108.2 3,170.6
IV
1,502.6
1,476.9 1,490.1
2,917.3
20.5
3,083.1 2,989.9 3,031.1 3,061.4 3,083.5
23 8
13.2
356 -16.2
4.7
3,156.5 3,206.9
-36.3
-48.3
1,493.7
9.0
1,486.0
-9.2
1,289.2
1,280.4 1,298.4
1,268.7
20.5
1,304.2
-23.8
528.1
519.4
8.7
761.1
749.4
11.7
493.3
512.2
-18.9
787.1
792.0
-4.9
I
II
III
IV
lr
1,470.7
1,478.4
1,481.1
1,477.2
1,486.7
1,485.3 1,486.1 1,482.7 1,477.8
3.4
-4.4
154
4.8
1,497.5 1,502.2
203 -15.5
1,283.1 1,295.5
1,273.5 1,295.5
689.5
661.3
678.0
661.8
663.2
665.1
655.3
657.8
1,285.2 1,305.0
13.2 -35.6
1,299.3
16 2
1,290.7
4.7
1,321.8
-48.3
1,331.8
-36.3
680.5
9.0
670.5
92
673.2
4.8
677.2
-15.4
667.5
-4.4
661.7
3.4
675.6
-20.3
673.3
-15.5
482.4
513.2
-30.9
787.0
791.8
-4.8
505.9
512.6
-6.6
777.2
786.7
-9.6
516.9
506.8
10.1
778.6
783.9
-5.4
467.9
516.2
-48.3
805.7
805.6
0
483.5
519.3
359
812.0
812.5
-.5
293.1
289.3
3.8
391.2
391.2
5.1
266.1
274.0
-7.9
395.3
396.5
-1.3
275.1
277.6
-2.5
402.9
395.6
7.3
265.0
278.7
-13.7
396.8
398.5
-1.7
272.3
274.9
26
390.9
392.6
-1.7
274.0
269.2
4.8
391.1
392.5
-1.5
253.0
273.1
-20.1
402.3
402.5
-.2
261.1
275.9
-14.9
396.8
397.4
-.6
695.6
117.6
702.4
113.1
698.6
113.4
697.0
111.9
702.2
113.0
703.6
112.5
707.0
114.9
708.2
120.7
504.9
510.5
-5.6
793.6
774.7
18.9
1,269.4
Services
Structures .
1,364.3 1,494.4 1,421.5 1,444.4
284.2
281.7
283.3
284.5
1,476.7 1,509.5
283.2
285.3
1,547.0 1,571.0
304.1
287.7
Addenda:
Gross domestic purchases 1
Final sales to domestic purchasers *
2,911.7 3,038.8 2,979.7 2,964.2 3,010.3 3,081.3
2,891.2 3,062.6 2,966.5 2,999.8 3,026.5 3,076.6
3,099.2 3,151.0
3,147.5 3,187.3
1,460.6 1,445.0 1,453.6 1,433.8 1,442.6 1,453.7 1,449.9 1,462.0
1,451.6 1,454.2 1,448.8 1,449.2 1,447.0 1,450.3 1,470.2 1,477.5
1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.
1983
1982
1981
SURVEY OF CURRENT BUSINESS
8
June 1983
Table 1.5-1.6.—Gross National Product by Sector in Current and Constant Dollars
Billions of 1972 dollars
Billions of dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1982
1981
1982
1981
IV
I
II
1983
III
2,888.5
2,492.4
2,418.5
2,188.9
229.6
75.8
-1.9
96.4
7.0
89.4
299.7
92.3
207.4
49.2
3,011.6
2,582.1
2,504.9
2,255.2
249.7
75.6
1.7
106.8
7.1
99.6
322.7
99.8
222.9
47.7
2,949.8
2,538.6
2,467.4
2,229.9
237.4
78.4
-7.2
100.3
7.1
93.3
310.9
97.9
213.0
53.3
2,949.6
2,530.6
2,465.1
22228
242.3
72.9
-7.5
103.3
7.1
96.2
315.8
98.6
217.1
45.8
2,995.7
2,570.1
2,494.4
2,247.9
246.5
74.8
.8
105.3
7.1
98.2
320.3
98.9
221.4
49.5
3,041.6
2,610.0
2,530.2
2,278.0
252.3
76.1
3.6
107.9
7.1
100.8
323.8
99.1
224.7
46.6
3,059.2
2,617.8
2,529.7
2,272.0
257.7
78.4
9.7
110.6
7.2
103.4
330.9
102.4
228.4
49.0
1982
1981
Equals: Net national product
Less:
Indirect business tax and
nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current
surplus of government
enterprises
Equals: National income
Less:
Corporate profits with
IVA and CCAdj
Net interest
Contributions for social
insurance
Wage accruals less disbursements
Plus:
Government transfer payments to persons
Personal interest income....
Personal dividend incomeBusiness transfer payments
Equals: Personal income
IV
II
I
III
IV
1,502.6 1,476.9 1,490.1 1,470.7 1,478.4 1,481.1 1,477.2 1,486.7
1,447.2
1,274.3
1,236.8
1,105.5
131.4
38.4
-.9
46.9
3.3
43.6
156.0
49.7
106.3
25.4
1,453.6
1,250.1
1,209.3
1,076.4
132.8
40.1
.8
48.1
3.1
45.0
155.4
49.8
105.6
23.2
1,448.0
1,244.4
1,210.0
1,077.9
132.0
38.1
-3.7
47.8
3.1
44.7
155.7
49.8
106.0
22.7
1,463.3
1,260.2
1,221.5
1,089.9
131.6
42.3
-3.6
47.4
3.2
44.1
155.8
49.8
106.0
26.7
1,454.1
1,250.5
1,212.2
1,079.5
132.6
38.0
.4
47.9
3.1
44.8
155.7
49.8
105.9
24.2
1,458.6
1,255.4
1,214.4
1,081.3
133.1
39.3
1.7
48.0
3.1
44.9
155.2
49.8
105.4
22.5
1,453.7
1,249.9
1,200.4
1,066.9
133.5
44.8
4.6
48.6
3.1
45.5
155.2
49.9
105.3
23.4
1,464.4
1,260.3
1,217.7
1,083.6
134.1
41.2
1.3
48.9
3.1
45.8
155.3
50.0
105.3
22.3
Table 1.11.—National Income by Type of Income
Billions of dollars
Billions of dollars
Seasonally adjusted at annual rates
1983
1982
1981
II
I
lr
1,141.4
III
IV
1981
1982
lr
2,937.7 3,059.3 3,003.2 2,995.5 3,045.2 3,088.2 3,108.2 3,170.6
330.1
356.4
344.8
348.7
353.9
359.4
363.5
366.5
267.5
-62.6
309.8
-46.6
282.6
622
293.4
-55.3
304.4
496
314.6
448
326.7
367
337.2
293
2,607.9 2,702.9 2,658.4 2,646.7 2,691.2 2,728.9 2,744.7 2,804.0
251.3
258.8
255.3
250.2
256.7
261.7
266.4
271.9
12.4
-1.9
13.7
1.7
12.8
-7.2
13.1
-7.5
13.5
.8
13.8
3.6
14.3
9.7
14.5
2.8
6.6
7.8
7.0
6.0
4.9
5.8
14.5
10.1
2,352.5 2,436.6 2,404.5 2,396.9 2,425.2 2,455.6 2,468.8 2,524.9
190.6
235.7
160.8
264.9
183.9
249.5
157.1
258.7
155.4
267.5
166.2
268.1
164.6
265.3
186.1
266.6
238.1
253.8
243.5
250.8
253.0
255.2
256.2
266.5
0
0
-.1
2
0
0
0
0
323.9
329.0
62.5
361.0
371.2
67.0
337.9
351.0
65.2
341.4
359.7
65.8
351.7
372.0
66.1
367.2
378.2
67.2
383.6
374.6
68.8
381.7
376.5
69.8
12.4
13.7
12.8
13.1
13.5
13.8
14.3
14.5
2,415.8 2,569.9 2,494.6 2,510.5 2,552.7 2,592.5 2,624.0 2,648.2
Table 1.8.—Relation of Gross National Product, Net National Product,
and National Income in Constant Dollars
[Billions of 1972 dollars]
1,502.6 1,476.9 1,490.1 1,470.7 1,478.4 1,481.1 1,477.2 1,486.7
Gross national product
Less: Capital consumption
164.6
157.8 159.3 160.8 162.2 164.2
155.6 161.6
allowances with CCAdj
Equals: Net national prod1,347.0 1,315.2 1,332.2 1,311.4 1,317.6 1,318.9 1,312.9 1,322.1
uct
Less: Indirect business tax
and nontax liability plus
business transfer payments less subsidies plus
current surplus of govern147.5
147.2
147.0 146.6 146.5 147.1 146.8 147.4
ment enterprises
1.7
1.3
4.6
-3.7
.4
-.9
.8
-3.6
Statistical discrepancy....
1,200.8 1,167.5 1,189.2 1,168.5 1,170.1 1,170.4 1,160.9 1,173.2
Equals: National income
1983
1982
1981
Seasonally adjusted at annual rates
IV
Less:
Capital consumption allowances with CCAdj...
Capital consumption allowances
Less* CCAdj
3,123.3
2,675.4
2,596.1
2,334.2
261.8
76.5
2.8
111.9
7.2
104.7
335.9
103.6
232.3
47.3
2,253 5
Table 1.7.—Relation of Gross National Product, Net National Product,
National Income, and Personal Income
Gross national product
Ir
IV
2,937.7 3,059.3 3,003.2 2,995.5 3,045.2 3,088.2 3,108.2 3,170.6
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
Addendum:
Gross domestic business product less housing
1982
1981
1981
IV
National income
1982
I
II
1983
III
IV
I"
2,352.5 2,436.6 2,404.5 2,396.9 2,425.2 2,455.6 2,468.8 2,524.9
Compensation of employees
1,767.6 1,856.5 1,813.4 1,830.8 1,850.7 1,868.3 1,876.1 1,908.1
Wages and salaries
1,494.0 1,560.6 1,531.1 1,541.5 1,556.6 1,570.0 1,574.5 1,597.3
Government and government enterprises .... 283.1 302.3 292.3 296.3 300.0 303.5 309.2 313.2
Other
1,210.9 1,258.4 1,238.8 1,245.2 1,256.6 1,266.4 1,265.4 1,284.1
Supplements to wages
and salaries
273.6 295.8 282.3 289.3 294.1 298.3 301.6 310.8
Employer contributions for social in133.2
142.1 136.5
140.2 141.7
surance
142.8 143.7 150.1
145.8 149.1 152.5 155.5 157.9
Other labor income
140.4
153.8
160.6
Proprietors' income with
IVA and CCAdj
Farm
Proprietors' income
with IVA
CCAdj
Nonfarm
Proprietors' income
IVA
CCAdj
Rental income of persons
with CCAdj
Rental income of persons
CCAdj
Corporate profits with IVA
and CCAdj
Corporate profits with
IVA
Profits before tax
Profits tax liability ..
Profits after tax
Dividends
Undistributed
profits
IVA
CCAdj . .
124.7
24.0
120.3
19.0
124.1
24.6
116.4
17.8
117.3
17.4
118.4
16.6
128.9
24.1
128.9
18.9
31.8
79
100.7
100.3
-1.6
2.1
27.1
-8.1
101.3
94.5
5
7.3
32.8
-8.2
99.5
97.7
12
3.0
26.0
-8.2
98.6
93.8
0
4.7
25.5
-8.1
99.9
94.5
-1.0
6.4
24.7
-8.1
101.7
94.4
-.5
7.9
32.2
-8.0
104.8
95.2
-.6
10.3
27.0
-8.0
110.0
97.4
2
12.8
33.9
34.1
33.6
33.9
34.2
34.6
33.9
35.3
69.4
355
70.5
363
70.5
-36.9
71.0
-37.1
70.7
-36.4
70.9
363
69.4
356
72.2
-36.9
190.6
160.8
183.9
157.1
155.4
166.2
164.6
186.1
207.5
232.1
81.2
150.9
65.1
165.7
174.9
57.7
117.1
70.3
199.4
216.5
71.6
144.9
68.1
167.2
171.6
56.7
115.0
68.8
162.2
171.7
55.3
116.3
69.3
170.0
180.3
60.9
119.4
70.5
163.3
175.9
58.0
117.9
72.4
178.4
177.9
65.2
112.7
73.5
85.8
-24.6
-16.8
46.9
-9.2
-4.9
76.9
17 1
-15.5
46.1
-4.4
-10.1
47.0
94
-6.9
48.8
103
-3.8
45.5
-12.6
1.3
39.2
.5
7.7
Net interest
235.7
264.9
249.5
258.7
267.5
268.1
265.3
266.6
Addenda:
Corporate profits after
tax with IVA and
CCAdj . .
Dividends
,
Undistributed
profits
with IVA and CCAdj
109.5
65.1
103.1
70.3
112.3
68.1
100.4
68.8
100.0
69.3
105.3
70.5
106.6
72.4
120.9
73.5
44.4
32.8
44.3
31.6
30.7
34.8
34.2
47.4
June 1983
SURVEY OF CURRENT BUSINESS
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
\
Billions of dollars
Billions of dollars
Seasonally adjusted at annual rates
1981
1982
IV
Gross domestic product of corporate
business
Capital consumption allowances with CCAdj
Net domestic product
Indirect business tax and
nontax liability plus
business transfer payments less subsidies
1983
1982
1981
III
II
I
Seasonally adjusted at annual rates
1981
225.1
216.0
218.9
223.4
227.5
1,630.9 1,666.1 1,657.1 1,644.2 1,659.3 1,683.7 1,677.3 1,727.8
186.1
190.0
189.1
184.0
192.2
189.1
198.7
194.8
Domestic income
1,444.8 1,476.1 1,468.0 1,460.2 1,470.3 1,491.4 1,482.5 1,529.1
Compensation of employees
1,224.5 1,271.3 1,251.5 1,259.5 1,270.7 1,278.7 1,276.2 1,298.0
1,024.8 1,057.6 1,046.6 1,049.7 1,057.8 1,063.4 1,059.6 1,075.0
Wages and salaries
Supplements
to
223.1"
215.3
216.6
209.8
212.9
213.6
204.9
wages and salaries ... 199.7
Corporate profits with
168.3
149.9
143.7
140.2
137.2
158.3
142.8
IVA and CCAdj
167.8
Profits before tax
Profits tax liability ..
Profits after tax
Undistributed
profits
IVA
CCAdj
Net interest
Gross
domestic
product of financial
corporate
business
Gross
domestic
product of nonfinancial corporate business
Capital consumption allowances with CCAdj .
209.3
81.2
128.1
50.8
156.8
57.7
99.1
60.2
190.9
71.6
119.3
54.6
154.7
56.7
98.1
56.0
153.5
55.3
98.2
58.0
164.0
60.9
103.1
60.6
155.0
58.0
97.0
66.1
160.1
65.2
94.9
60.0
77.3
-24.6
-16.8
52.5
38.9
-9.2
-4.9
62.1
64.7
-17.1
-15.5
58.3
42.0
-4.4
-10.1
60.5
40.2
-9.4
-6.9
62.4
42.4
-10.3
38
62.8
30.8
-12.6
1.3
62.7
34.9
.5
7.7
62.8
Profits before tax
Profits tax liability ..
Profits after tax
Dividends
Undistributed
profits
IVA
CCAdj
Net interest
Gross domestic product of nonfinancial
corporate business...
131.7
1,732.3 1,776.4 1,767.2 1,756.6 1,771.0 1,794.4 1,783.4 1,828.2
Net domestic product
Indirect business tax and
nontax liability plus
business transfer payments less subsidies
Domestic income
195.8
114.9
213.7
106.0
205.1
106.6
207.8
116.8
111.7
212.1
124.5
216.0
220.2
218.8
II
1983
III
IV
I'
186.6
63.3
123.3
52.9
133.0
39.3
93.7
62.1
170.5
54.8
115.7
56.7
134.8
38.9
95.8
58.0
131.3
37.1
94.2
59.7
139.8
42.1
97.6
62.6
126.3
39.1
87.1
68.2
127.8
45.0
82.8
62.2
70.3
-24.6
-16.3
62.5
31.6
-9.2
-5.2
72.3
58.9
-17.1
-15.1
68.1
37.8
-4.4
-10.0
70.5
34.5
-9.4
-7.1
72.6
35.0
-10.3
-4.2
73.1
18.9
-12.6
.6
72.9
20.6
.5
6.8
73.1
845.3
856.9
Billions of 1972 dollars
Capital consumption allowances with CCAdj
104.8
1982
I
Net domestic product
1,536.5 1,562.7 1,562.0 1,548.8 1,559.0 1,578.4 1,564.6 1,608.0
Indirect business tax and
nontax liability plus
business transfer payments less subsidies
178.3
182.1
181.3
176.3
181.2
184.2
186.6
190.3
Domestic income
1,358.2 1,380.6 1,380.8 1,372.4 1,377.8 1,394.2 1,378.0 1,417.7
Compensation of employees
1,150.1 1,189.6 1,174.5 1,181.6 1,190.4 1,195.8 1,190.7 1,209.5
Wages and salaries
962.9
990.2
982.7
985.3 991.4
995.0
989.2 1,002.2
Supplements
to
wages and salaries... 187.1
199.4
191.9
196.4
198.9
200.8
201.5
207.3
Corporate profits with
IVA and CCAdj
145.6
118.7
138.2
120.3
114.8
125.3
114.3
135.1
232.2
230.6
1981
IV
:
1,837.1 1,891.2 1,873.1 1,863.1 1,882.7 1,911.2 1,907.9 1, 960.0
206.2
1982
lr
IV
881.3
855.3
870.4
858.8
857.9
859.3
94.3
98.6
96.0
97.0
98.1
99.2
100.2
101.0
787.0
756.7
774.5
761.8
759.8
760.1
745.1
755.8
94.7
692.2
94.8
661.9
94.7
679.8
94.6
667.2
95.0
664.8
94.6
665.5
95.0
650.1
95.4
660.4
Table 1.14-1.15.—Auto Output in Current and Constant Dollars
Billions of 1972 dollars
Billions of dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
1982
1981
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
Change in business inventories
NewUsed
Addenda:
Domestic output of new autos2 *
Sales of imported new autos
1983
1982
I
II
III
IV
1981
1982
Ir
IV
1983
1982
1981
I
II
III
IV
Ir
69.2
65.9
58.3
53.5
69.9
75.2
65.1
73.6
41.5
37.6
34.4
31.3
39.7
42.3
37.2
42.0
68.0
67.2
49.2
18.0
13.6
24.1
-10.5
-13.8
4.0
17.8
1.0
1.2
.9
.3
68.2
70.9
51.7
19.2
13.8
24.7
-10.9
-17.5
2.9
20.4
.9
-2.2
-2.4
.2
60.2
62.8
45.0
17.8
12.5
22.0
-9.4
-16.0
2.8
18.9
.9
-1.9
-1.6
— 3
65.9
68.0
48.8
18.3
13.1
23.3
-10.2
-16.1
2.6
18.7
.9
-12.4
-12.7
.3
64.5
67.8
50.0
17.8
13.4
22.9
-9.5
-17.6
3.4
21.0
.9
5.4
5.8
-.4
66.6
69.5
48.8
20.7
15.2
26.7
-11.6
-19.1
3.4
22.5
1.0
-8.7
9.1
-.4
75.6
78.3
58.3
19.9
13.5
25.8
-12.3
-17.1
2.4
19.5
.9
-10.6
-11.8
1.2
74.8
77.3
55.9
21.3
14.2
27.1
-12.9
-17.6
3.9
21.5
.9
-1.2
-1.4
.2
40.8
36.0
28.8
7.2
9.5
14.1
-4.6
-5.3
2.3
7.7
.7
-1.3
.6
.1
38.9
35.7
29.1
6.6
9.8
13.9
-4.1
-7.3
1.6
8.9
.6
-1.3
-1.4
.1
35.2
32.2
25.6
6.6
8.8
12.5
-3.7
-6.5
1.6
8.0
.6
-.8
-.7
-.1
38.3
34.9
28.3
6.6
9.3
13.3
-4.0
-6.6
1.5
8.0
.6
-7.0
-7.1
.1
37.0
34.4
28.2
6.2
9.3
12.9
-3.6
-7.3
1.9
9.2
.6
2.7
2.8
-.1
37.4
34.2
27.2
7.1
10.6
14.9
-4.3
-8.1
1.8
9.9
.7
4.8
5.0
-.1
42.9
39.3
32.6
6.7
10.0
14.4
-4.4
-7.0
1.3
8.4
.6
-5.8
-6.2
.4
42.2
38.2
31.0
7.2
10.5
15.0
-4.5
-7.1
2.1
9.2
.6
-.3
-.3
.1
54.6
24.5
49.4
28.5
44.8
25.2
37.8
27.6
53.3
26.6
59.7
28.1
46.6
31.5
58.3
30.5
31.9
14.3
27.7
16.0
25.5
14.4
21.6
15.7
30.1
15.0
33.1
15.7
26.1
17.6
32.3
16.9
13.8
12.9
13.9
15.6
14.0
11.5
13.5
13.8
6.3
7.0
-1.5
1.0
2.5
1.9
11.8
4.2
7.2
-1.3
1.3
2.6
1.7
15.1
6.7
8.0
-1.5
1.2
2.7
1.8
14.0
6.5
7.3
-1.7
1.1
2.8
1.9
12.4
6.0
6.3
-1.8
.8
2.7
2.0
13.5
6.1
6.2
-.9
.9
1.9
2.0
14.2
7.0
6.6
-1.5
.8
2.3
2.1
1.6
1.5
-1.9
Table 1.16-1.17.—Truck Output in Current and Constant Dollars
Truck output '..
Final sales
Personal consumption expenditures..
Producers' durable equipment
Net exports
Exports
Imports
Government purchases
Change in business inventories...
27.8
27.6
7.7
17.3
-1.6
3.3
4.9
4.3
29.4
29.4
11.3
16.4
-2.8
2.5
5.3
4.6
0
27.7
25.8
7.4
16.6
-2.2
3.1
5.3
4.0
1.9
32.9
29.4
32.0
11.8
18.6
-2.6
2.9
5.5
4.3
29.7
11.6
17.0
-3.3
2.7
6.0
4.5
26.9
10.7
15.2
-3.7
2.0
5.7
4.7
3.2
3.4
-2.5
Table 1.14-1.15:
1. Consists of final sales and change in business inventories of new autos produced in the
United States.
2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases.
30.3
25.0
29.3
29.1
11.0
15.0
-1.7
2.3
4.0
4.9
31.0
12.7
16.3
-3.0
1.8
4.9
5.1
-4.1
-1.7
13.3
13.2
4.5
7.8
-1.0
1.5
2.5
1.9
Table 1.16-1.17:
1. Includes new trucks only.
.1
0
-.7
10
June 1983
SURVEY OF CURRENT BUSINESS
Table 2.2-2.3.—Personal Consumption Expenditures by Major Type of
Product in Current and Constant Dollars
Table 2.1.—Personal Income and Its Disposition
Billions of dollars
Billions of dollars
Seasonally adjusted at annual rates
1981
1982
I
IV
1981
lr
IV
III
II
Seasonally adjusted at annual rates
1983
1982
1981
1982
1981
1982
Wage and salary disbursements.. 1,493.9 1,560.7 1,531.2 1,541.6 1,556.6 1,570.0 1,574.5 1,597.3
Commodity-producing
510.8 509.9 517.7 514.3 513.6 510.2 501.6 509.8
industries
Manufacturing
386.4 382.6 388.7 385.1 385.6 383.8 375.8 383.0
361.4 376.0 368.3 371.4 375.4 378.4 378.8 381.1
Distributive industries
338.6 372.5 352.8 359.5 367.6 377.8 385.0 393.2
Service industries
Government and government
283.1 302.3 292.4 296.5 300.0 303.5 309.2 313.2
enterprises
Other labor income
140.4
153.8
145.8
149.1
152.5
155.5
157.9
160.6
Proprietors' income with IVA
and CCAdj
Farm
Nonfarm
124.7
24.0
100.7
120.3
19.0
101.3
124.1
24.6
99.5
116.4
17.8
98.6
117.3
17.4
99.9
118.4
16.6
101.7
128.9
24.1
104.8
128.9
18.9
110.0
Rental income of persons with
CCAdj
33.9
34.1
33.6
33.9
34.2
34.6
33.9
35.3
Personal dividend income
62.5
67.0
65.2
65.8
66.1
67.2
68.8
69.8
Personal interest income
329.0
371.2
351.0
359.7
372.0
378.2
374JS
376.5
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
336.3
374.7
350.7
354.6
365.2
381.0
397.8
396.2
182.0
204.5
192.8
194.7
197.5
209.2
216.6
217.1
15.4
16.1
24.9
16.4
16.7
16.4
18.7
16.3
23.5
16.1
25.5
16.3
31.8
16.7
28.4
16.6
49.2
73.6
54.0
74.9
50.8
74.0
51.5
73.3
54.4
73.8
54.9
75.2
55.4
77.4
56.0
78.1
13.4
60.3
13.2
61.7
13.4
60.6
13.2
60.1
13.2
60.6
13.0
62.1
13.3
64.1
14.1
64.0
Less: Personal contributions
for social insurance
104.9
111.7
107.0
110.6
111.4
112.4
112.5
116.4
Less: Personal tax and nontax
payments
,
386.7
397.2
393.2
393.4
401.2
394.4
399.7
401.0
personal
2,029.1 2,172.7 2,101.4 2,117.1 2,151.5 2,198.1 2,224.3 2,247.2
Less: Personal outlays
1,898.9 2,030.5 1,942.7 1,977.9 2,007.2 2,046.1 2,090.9 2,114.0
Personal consumption expenditures
1,843.2 1,971.1 1,884.5 1,919.4 1,947.8 1,986.3 2,030.8 2,052.9
Interest paid by consumers to
business
58.4
58.6
59.0
59.2
60.2
57.8
55.1
57.5
Personal transfer payments to
.9
.6
.8
.7
.8
.8
.9
foreigners (net) . . .
.8
Equals: Personal saving
130.2
142.2
158.6
139.1
144.3
152.0
133.4
133.3
Addenda:
Disposable personal
income:
Total, billions of 1972 dollars
1,043.1 1,054.8 1,051.9 1,046.9 1,054.8 1,058.3 1,059.1 1,065.0
Per capita:
8,827 9,363 9,107 9,155 9,285 9,461 9,549 9,624
Current dollars
4,538 4,545 4,559 4,527 4,552 4,555 4,547 4,561
1972 dollars
Population (millions)
229.9 232.1 230.8 231.2 231.7 232.3 232.9 233.5
Personal saving as percentage of disposable personal
income
Personal consumption expenditures
1983
Ir
IV
III
2,415.8 2,569.9 2,494.6 2,510.5 2,552.7 2,592.5 2,624.0 2,648.2
Personal income
Equals: Disposable
income .
II
I
IV
1,843.2 1,971.1 1,884.5 1,919.4 1,947.8 1,986.3 2,030.8 2,052.9
Durable goods
Motor vehicles and parts ...
Furniture and household
equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other .
Transportation
Other
234.6
242.7
229.6
237.9
240.7
240.3
251.8
256.9
98.6
106.2
93.9
103.2
103.3
104.3
113.8
114.5
93.4
42.6
92.8
43.7
93.3
42.4
91.0
43.7
93.2
44.2
92.7
43.3
94.3
43.7
96.2
46.2
734.5
762.1
746.5
749.1
755.0
768.4
775.5
777.5
375.3
114.6
96.8
147.9
19.7
128.2
397.3
118.6
93.7
152.4
17.7
134.8
382.3
116.0
97.5
150.7
19.2
131.5
387.9
117.5
95.3
148.4
17.3
131.1
395.0
118.4
91.3
150.4
17.3
133.1
401.3
119.1
94.2
153.8
18.4
135.4
405.1
119.4
94.0
157.2
17.6
139.6
409.7
119.9
90.0
158.0
15.3
142.7
874.1
966.3
908.3
932.4
952.1
977.6 1,003.3 1,018.5
295.3
128.9
66.8
62.1
65.4
384.4
324.6
144.3
75.5
68.9
70.0
427.4
307.0
136.9
71.2
65.7
65.7
398.7
314.5
141.4
75.1
66.3
66.9
409.6
320.4
140.7
72.6
68.1
69.5
421.5
328.2
145.0
75.2
69.9
71.5
432.9
335.4
150.3
79.0
71.3
72.1
445.5
340.9
150.0
76.5
73.5
74.4
453.2
Billions of 1972 dollars
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
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other ..
Transportation
Other
,
947.6
956.9
943.4
949.1
955.0
956.3
967.0
972.9
140.0
138.8
134.1
137.5
138.3
136.4
142.8
145.0
54.2
55.6
50.0
54.9
54.4
53.8
59.4
59.2
61.6
24.3
59.1
24.0
60.4
23.7
58.5
24.1
59.4
24.4
58.9
23.7
59.7
23.8
60.8
25.0
362.4
365.0
363.1
362.2
364.5
365.9
367.6
370.0
181.4
82.7
25.7
72.6
3.5
69.1
184.0
84.1
26.5
70.4
3.1
67.3
182.0
83.0
25.8
72.3
3.3
69.0
181.7
83.8
26.2
70.4
3.0
67.4
183.0
84.0
27.2
70.2
3.2
67.1
184.9
84.0
26.5
70.5
3.3
67.2
186.4
84.4
26.2
70.5
3.0
67.5
187.7
84.7
27.1
70.4
2.8
67.6
445.2
453.1
446.2
449.5
452.2
454.0
456.6
457.9
162.6
63.5
24.6
38.8
32.4
186.8
165.4
64.0
24.7
39.3
32.4
191.2
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
63.4
24.1
39.3
32.5
191.0
165.7
63.7
24.3
39.4
32.7
191.8
166.3
64.5
24.9
39.6
32.4
193.3
166.9
63.8
23.9
39.9
32.7
194.5
Table 3.14.—State and Local Government Social Insurance Funds
Receipts and Expenditures
[Billions of dollars]
6.4
6.5
7.5
6.6
6.7
6.9
6.0
5.9
Receipts
Contributions for social insurance
Personal contribution
Employer contributions
Government and government enterprises ....
Other
Interest and dividends received
Expenditures
Administrative
expenses
(purchases of goods and
services)
Transfer payments to persons
Surplus
(_)
or
52.6
59.3
55.1
56.8
58.5
60.1
61.8
63.5
33.8
37.2
35 1
36.0
36.9
37.7
38.4
39.2
8.5
25.3
9.2
28.1
8.7
26.3
8.9
27.1
9.1
27.8
9.2
28.4
9.4
29.1
9.5
29.7
22.7
25
25.4
27
23.7
26
24.4
26
25.1
27
25.7
27
26.3
28
26.8
29
188
221
200
208
216
225
233
243
208
230
21 7
223
228
233
237
24.2
.6
.7
.6
.7
.7
.7
.7
.7
20.2
223
211
216
221
22.6
23.0
23.4
31.8
36.3
33.3
34.5
35.7
36.9
38.0
39.3
deficit
Table 3.14:
NOTE.—In this table, interest and dividends received are included in receipts; in tables 3.2 and
3.3, interest received and dividends received are netted against expenditures.
SURVEY OF CURRENT BUSINESS
June 1983
Table 3.2.—Federal Government Receipts and Expenditures
1981
1982
Receipts
628.2
613.9
Table 3.3.—State and Local Government Receipts and Expenditures
Billions of dollars
Billions of dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
1983
1982
I
IV
Personal tax and nontax
receipts.
Income taxes
Estate and gift taxes
Nontaxes
Corporate profits tax accruals
Indirect business tax and
nontax accruals..
Excise taxes
Customs duties .. .
Nontaxes
Contributions for social
insurance
625.7
609.9
II
III
IV
lr
617.0
613.7
615.0
629.5
1981
Receipts
Personal tax and nontax
receipts
Income taxes
Nontaxes
Other.
Corporate profits tax accruals..
Indirect business tax and
nontax accruals
Sales taxes
Property taxes
Other
Contributions for social insurance .
Federal grants-in-aid
300.1
292.4
7.5
.3
300.9
293.2
7.5
.3
299.9
291.1
8.5
.3
305.8
297.5
8.0
.3
295.6
288.1
7.2
.3
299.2
292.8
6.1
.3
297.7
291.6
5.7
.4
67.3
47.2
59.1
46.5
45.2
49.8
47.3
53.4
58.5
44.1
8.6
5.8
50.0
34.7
8.5
6.8
57.2
41.9
9.3
6.1
48.7
33.6
8.7
6.3
49.8
34.6
8.6
6.6
50.8
35.5
8.5
6.8
50.7
35.1
8.3
7.3
51.0
35.9
7.5
7.6
204.3
216.6
208.4
214.9
216.2
217.5
217.8
227.3
688.2
763.4
727.4
728.3
736.6
769.7
819.2
803.5
228.9
153.7
75.2
286.6
280.9
5.7
257.9
178.6
79.3
322.2
315.8
6.3
250.5
166.9
83.6
300.7
294.0
6.6
249.7
166.2
83.5
303.2
297.2
6.0
244.3
176.2
68.2
312.8
307.0
5.8
259.0
182.7
76.3
327.4
321.8
5.6
278.7
189.3
89.4
345.3
337.4
8.0
274.1
195.2
79.0
339.1
334.6
4.5
87.7
71.9
91.4
83.7
85.0
107.8
83.6
79.0
99.5
83.0
79.6
101.8
85.0
82.8
105.1
82.0
88.7
111.9
84.6
89.1
112.5
85.2
87.9
112.7
74.6
16.7
19.5
89.9
18.0
22.8
82.4
17.1
20.6
83.9
17.9
22.1
87.6
17.4
22.3
94.2
17.8
23.2
93.7
18.8
23.4
95.1
17.6
24.8
Subsidies less current surplus of government
enterprises
Subsidies
Less: Current surplus of
government enterprises .
13.1
12.2
_9
14.6
14.1
13.6
13.8
12.7
13.7
11.6
12.6
12.6
11.8
21.4
18.1
17.1
15.3
-.5
.3
1.1
1.0
-.8
-3.3
-1.8
Less: Wage accruals less
disbursements
0
0
1
-.2
0
0
0
Purchases of goods and
services
National defense ...
Nondefense
Transfer payments
To persons
To foreigners
Grants-in-aid to State and
local governments
Net interest paid
Interest paid
To persons and business
To foreigners.
Less: Interest received
Surplus or deficit
( — ), NIPA's
Social insurance funds
Other
-60.0
Expenditures
0
Purchases of goods and
services
Compensation of employees
Other.
Transfer payments to persons
Net interest paid ....
Interest paid
Less: Interest received
Less: Dividends received
-19.3 -16.4
-82.4 -102.0
-24.1 -36.5
-95.5 -119.6
1982
I
1983
II
III
IV
Ir
416.8
437.2
421.5
424.2
434.3
440.5
450.0
460.3
88.6
48.3
32.0
8.3
97.1
51.9
36.4
8.8
92.3
50.1
33.7
8.5
93.6
50.2
34.8
8.6
95.4
50.8
35.9
8.7
98.8
53.0
37.0
8.9
100.5
53.5
38.0
9.0
103.3
54.9
39.1
9.2
13.9
10.6
12.5
10.1
10.2
11.2
10.8
11.7
192.8
90.4
75.1
27.2
208.7
95.3
83.6
29.9
198.0
91.8
77.8
28.4
201.5
92.6
79.8
29.2
206.9
95.0
81.8
30.0
210.9
96.1
84.7
30.2
215.7
97.7
88.0
30.1
220.9
99.7
90.7
30.5
33.8
87.7
37.2
83.7
35.1
83.6
36.0
83.0
36.9
85.0
37.7
82.0
38.4
84.6
39.2
85.2
385.0
405.1
392.4
396.5
402.2
408.2
413.5
418.0
368.0
389.4
375.7
380.4
386.6
392.7
398.0
402.2
207.4
160.6
222.9
166.5
213.0
162.7
217.1
163.2
221.4
165.2
224.7
168.0
228.4
169.6
232.3
169.8
43.0
-16.9
23.7
40.6
45.1
195
28.0
47.5
43.9
-17.8
25.3
43.1
44.3
-18.5
26.4
44.9
44.7
-19.2
27.4
46.7
45.4
-19.8
28.5
48.3
46.2
-20.2
29.7
49.9
47.0
-20.5
30.9
51.5
2.6
3.3
2.8
3.0
3.2
3.3
3.5
3.7
-6.5
.4
-6.8
.5
-6.6
.4
-6.6
.4
-6.7
.4
68
.5
-6.9
.5
-7.0
.5
6.9
7.2
7.0
7.1
7.2
7.3
7.4
7.5
Less: Wage accruals less
disbursements
0
0
0
0
0
0
0
0
31.7
32.1
29.1
27.7
32.1
32.3
36.4
42.3
31.8
-.1
36.3
-4.1
33.3
-4.2
34.5
68
35.7
36
36.9
-4.5
38.0
-1.6
39.3
3.0
Social insurance funds
Other
-32.9
141 2
-45.5
158.6
1981
Subsidies less current surplus of government
enterprises
Subsidies
Less: Current surplus of
government enterprises-
Surplus or deficit
(-), NIPA's
-149.5 -101.7 -118.4 -119.6 -156.0 -204.2 -174.0
-11.0 -30.6
-49.0 -118.9
1982
IV
298.1
290.8
7.0
.3
Expenditures . . .
11
Table 3.7B-3.8B.—Government Purchases of Goods and Services by Type in Current and Constant Dollars
Billions of 1972 dollars
Billions of dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
1982
IV
1983
1982
1981
I
II
III
IV
Ir
1981
1982
IV
1983
1982
1981
I
II
III
IV
lr
596.9
647.4
626.3
630.1
630.9
651.7
676.8
676.3
287.1
291.3
291.3
289.2
285.3
291.1
299.5
292.4
Federal
National defense
Durable goods
Nondurable goods
Services..
Compensation of employees
Military
Civilian
Other services
Structures
228.9
153.7
40.1
12.6
98.0
60.8
35.6
25.2
37.2
3.0
257.9
178.6
49.0
13.9
112.1
67.2
40.2
27.0
44.9
3.6
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
244.3
176.2
48.9
13.4
110.7
66.5
39.8
26.7
44.1
3.3
259.0
182.7
51.7
13.2
113.8
66.8
39.9
26.9
47.0
4.0
278.7
189.3
52.2
15.5
118.0
69.2
41.4
27.9
48.7
3.7
274.1
195.2
56.1
16.8
118.3
70.0
41.6
28.4
48.3
3.9
110.4
73.5
19.7
2.6
49.9
32.8
19.3
13.5
17.1
1.4
116.4
78.6
21.7
2.9
52.5
33.3
19.6
13.8
19.2
1.6
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
110.3
78.2
21.7
2.8
52.3
33.3
19.5
13.7
19.1
1.4
116.2
80.6
22.8
2.7
53.4
33.3
19.6
13.8
20.1
1.7
124.7
81.0
22.3
3.0
54.1
33.5
19.6
13.9
20.6
1.6
117.9
82.3
23.9
3.4
53.4
33.6
19.7
13.9
19.8
1.7
Nondefense
Durable goods.. .
Nondurable goods
Services
Compensation of employees
Other services
Structures
75.2
2.5
11.0
55.0
31.5
23.5
6.8
79.3
2.7
15.0
55.7
32.6
23.1
6.0
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
68.2
2.6
4.8
54.7
32.4
22.3
6.0
76.3
2.5
12.8
55.1
32.3
22.7
6.0
89.4
2.8
23.9
56.8
33.2
23.7
5.9
79.0
2.9
11.7
58.1
33.6
24.5
6.3
36.8
1.3
4.1
28.4
16.9
11.5
3.1
37.8
1.3
6.8
27.1
16.5
10.6
2.6
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
32.1
1.3
1.4
26.8
16.5
10.3
2.6
35.5
1.2
5.0
26.8
16.5
10.3
2.6
43.7
1.3
12.7
27.1
16.4
10.6
2.5
35.5
1.3
4.2
27.3
16.4
10.9
2.7
368.0
12.0
30.3
282.8
207.4
75.4
42.9
389.4
12.5
32.2
304.4
222.9
81.4
40.4
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
386.6
12.4
31.8
302.3
221.4
80.8
40.1
392.7
12.5
32.4
306.9
224.7
82.3
40.8
398.0
12.8
32.8
312.1
228.4
83.7
40.3
402.2
13.0
31.9
317.8
232.3
85.5
39.4
176.7
6.0
11.4
140.7
106.3
34.4
18.6
174.9
6.0
11.9
139.7
105.6
34.1
17.4
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
140.0
105.9
34.1
17.2
174.9
5.9
11.9
139.5
105.4
34.1
17.6
174.8
6.0
12.0
139.3
105.3
34.0
17.4
174.6
6.1
12.1
139.5
105.3
34.1
16.9
Government purchases of goods and services
State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures
,
12
SURVEY OF CURRENT BUSINESS
June 1983
Table 4.1-4.2.—Foreign Transactions in the National Income and Product Accounts in Current and Constant Dollars
Billions of 1972 dollars
Billions of dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
1982
1982
1981
IV
Receipts from foreigners
Exports of goods and services
Merchandise
Durable goods
Nondurable goods
Services
Factor income 1
Other
...
I
II
1983
III
IV
Ir
1981
1982
I
IV
1983
1982
1981
II
III
IV
lr
368.4
350.8
369.0
359.9
365.8
349.5
328.1
332.4
367.3
231.9
134.4
97.4
350.8
209.4
119.4
90.0
367.9
227.8
130.1
97.8
359.9
221.4
123.9
97.5
365.8
218.9
123.9
95.0
349.5
207.3
121.0
86.3
328.1
190.0
108.8
81.2
332.4
194.7
112.0
82.8
158.5
89.8
51.8
38.0
148.1
80.3
43.2
37.1
156.9
87.6
48.6
39.0
151.7
84.0
45.2
38.8
154.4
83.5
44.8
38.7
147.5
79.8
43.7
36.1
138.8
73.8
39.1
34.7
138.9
75.1
39.8
35.2
135.5
86.1
49.4
141.4
88.3
53.1
140.1
89.5
50.6
138.5
85.9
52.6
146.8
93.8
53.0
142.2
88.4
53.8
138.1
85.1
53.0
137.6
81.7
56.0
68.7
44.5
24.2
67.8
43.0
24.8
69.3
44.8
24.5
67.7
42.5
25.1
70.9
45.9
25.0
67.7
42.7
24.9
64.9
40.7
24.2
63.8
38.5
25.3
1.1
0
0
0
0
0
Payments to foreigners
368.4
350.8
369.0
359.9
365.8
349.5
328.1
332.4
Imports of goods and services
Merchandise
Durable goods
Nondurable goods
341.3
260.1
123.7
136.4
330.3
244.8
123.7
121.1
344.4
263.5
130.5
133.1
328.6
243.9
125.4
118.5
330.9
241.1
127.7
113.4
342.5
256.5
127.4
129.1
319.1
237.7
114.2
123.5
312.8
233.5
125.1
108.3
116.4
79.1
51.9
27.2
116.3
78.5
51.4
27.1
120.4
83.8
55.2
28.6
114.7
76.7
51.6
25.1
118.7
78.6
52.0
26.6
120.0
82.2
53.2
29.1
111.6
76.6
49.0
27.5
114.2
80.5
53.0
27.5
81.1
36.9
44.2
85.5
40.6
44.9
80.9
36.1
44.8
84.7
40.0
44.7
89.8
44.3
45.5
86.0
41.8
44.2
81.3
36.1
45.2
79.3
34.4
45.0
37.4
19.1
18.3
37.7
19.8
18.0
36.6
18.1
18.5
38.1
19.8
18.2
40.1
21.7
18.4
37.8
20.2
17.6
35.0
17.3
17.7
33.7
16.2
17.5
6.3
.6
5.7
7.2
.8
6.3
7.3
.7
6.6
6.9
.8
6.0
6.7
.9
5.8
6.4
.8
5.6
8.8
.8
8.0
5.4
.9
4.5
18.0
17.1
17.9
17.4
17.8
18.8
.1
6.5
10.8
Capital grants received by the United States (net)
Services
Factor income l
Other
Transfer payments (net)
From persons (net)
From government (net)
Interest paid by government to foreigners
Net foreign investment..
1.1
16.7
4.1
0
-4.6
-17.3
185
17.6
-3.4
Table 4.1-4.2:
1. Equals rest-of-the-world production as shown in tables 1.5-1.6.
Table 4.3-4.4.—Merchandise Exports and Imports by Type of Product and by End-Use Category in Current and Constant Dollars
Billions of dollars
Billions of 1972 dollars
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
1982
1981
IV
1982
I
II
1983
III
IV
Ir
1981
1982
IV
1983
1982
1981
I
II
HI
IV
Ir
75.1
Merchandise exports
231.9
209.4
227.8
221.4
218.9
207.3
190.0
194.7
89.8
80.3
87.6
84.0
83.5
79.8
73.8
Foods, feeds, and beverages
38.3
32.1
35.7
36.0
36.6
29.0
26.9
31.1
15.5
14.7
15.7
15.7
16.4
13.7
13.1
14.6
Industrial supplies and materials
Durable goods .
Nondurable goods
65.4
20.4
45.0
61.6
17.0
44.6
67.1
19.4
47.7
66.5
17.9
48.6
63.1
17.6
45.4
59.4
16.5
42.9
57.4
16.1
41.3
54.9
15.4
39.5
22.3
7.0
15.4
21.7
6.0
15.7
22.9
6.6
16.7
22.9
6.1
16.7
21.9
6.1
15.8
21.2
5.9
15.3
20.7
5.8
14.9
20.0
5.6
14.4
Capital goods, except autos
81.7
74.2
80.8
77.4
77.1
74.2
67.9
69.9
32.9
27.4
31.2
29.0
28.6
27.3
24.6
25.1
Autos
19.1
16.7
16.8
17.3
17.9
17.7
13.9
16.2
6.7
5.3
5.5
5.6
5.7
5.6
4.5
5.1
Consumer goods
Durable goods
Nondurable goods
16.3
7.7
8.6
14.7
6.5
8.2
15.5
7.1
8.4
14.7
6.6
8.1
15.3
6.8
8.5
14.7
6.4
8.2
14.2
6.1
8.1
13.7
6.0
7.7
8.1
3.2
5.0
7.3
2.6
4.7
7.6
2.9
4.7
7.2
2.6
4.5
7.6
2.7
4.8
7.3
2.5
4.8
7.2
2.4
4.8
6.9
2.3
4.6
Other
Durable goods
Nondurable goods
11.1
5.5
5.5
10.1
5.1
5.1
11.9
5.9
5.9
9.5
4.8
4.8
8.9
4.4
4.4
12.4
6.2
6.2
9.8
4.9
4.9
8.9
4.5
4.5
4.3
2.1
2.1
3.9
1.9
1.9
4.6
2.3
2.3
3.6
1.8
1.8
3.4
1.7
1.7
4.8
2.4
2.4
3.8
1.9
1.9
3.4
1.7
1.7
80.5
Merchandise imports
260.1
244.8
263.5
243.9
241.1
256.5
237.7
233.5
79.1
78.5
83.8
76.7
78.6
82.2
76.6
Foods, feeds, and beverages
18.1
17.2
17.2
14.9
17.2
19.1
17.7
17.7
7.0
7.2
7.2
6.1
7.2
8.1
7.4
7.5
Industrial supplies and materials, excluding petroleum
Durable goods
Nondurable goods
56.3
33.3
23.0
50.7
27.9
22.8
56.8
33.2
23.6
54.1
31.7
22.4
51.2
29.1
22.2
50.6
27.0
23.6
46.8
23.9
22.8
49.8
25.3
24.5
19.0
11.2
7.8
17.7
9.7
8.0
19.4
11.3
8.1
18.3
10.7
7.6
17.7
10.0
7.7
17.9
9.5
8.4
16.8
8.6
8.3
18.2
9.2
8.9
Petroleum and products . . . .
77.6
61.2
72.4
62.6
53.7
65.8
62.9
44.3
6.0
5.1
5.8
5.0
4.5
5.5
5.2
3.8
Capital goods, except autos
34.6
35.5
37.3
35.1
36.4
36.6
33.7
36.4
18.0
18.2
20.1
17.9
18.2
19.1
17.7
19.0
Autos
29.7
33.5
31.4
30.6
35.7
37.3
30.4
35.9
10.3
10.7
10.4
9.8
11.6
11.8
9.7
11.0
Consumer goods
Durable goods
Nondurable goods
38.7
23.5
15.1
39.6
23.3
16.4
41.9
25.3
16.7
40.5
24.9
15.6
38.2
22.2
16.0
40.6
23.3
17.3
39.2
22.6
16.6
43.3
24.5
18.8
16.7
11.3
5.4
16.8
11.4
5.4
18.3
12.1
6.2
17.1
11.9
5.1
16.0
10.5
5.5
17.1
11.4
5.7
16.9
11.7
5.2
18.5
12.5
6.0
Other
Durable goods
Nondurable goods
5.2
2.6
2.6
7.1
3.6
3.5
6.5
3.3
3.3
6.0
3.0
3.0
8.8
4.4
4.4
6.5
3.3
3.2
7.1
3.5
3.5
6.1
3.0
3.0
2.1
1.0
1.0
2.8
1.4
1.4
2.7
1.3
1.3
2.4
1.2
1.2
3.5
1.7
1.7
2.6
1.3
1.3
2.9
1.4
1.4
2.5
1.2
1.2
44.3
187.6
182.6
37.8
171.6
183.6
42.4
185.5
191.2
42.0
179.4
181.3
42.6
176.3
187.5
33.9
173.3
190.7
32.7
157.3
174.9
35.7
159.1
189.1
18.0
71.8
73.1
17.3
63.0
73.4
18.5
69.1
78.0
18.4
65.5
71.6
19.2
64.3
74.1
15.9
63.9
76.7
15.7
58.2
71.3
16.6
58.4
76.7
Addenda:
Exports:
Agricultural products
Nonagricultural products
Imports of nonpetroleum products
13
SURVEY OF CURRENT BUSINESS
June 1983
Table 5.10-5.11.—Inventories and Final Sales of Business in Current
and Constant Dollars
Table 5.1.—Gross Saving and Investment
Billions of dollars
Billions of dollars
Seasonally adjusted at annual rates
1981
1982
1982
1981
I
IV
II
Seasonally adjusted quarterly totals
1983
III
IV
1981
lr
IV
Gross saving
Gross private saving
Personal saving
Undistributed corporate profits with IVA and CCAdj
Undistributed profits
IVA
CCAdj
477.5
414.0
476.3
428.8
441.5
422.4
363.3
415.5
504.7
130.2
531.4
142.2
547.7
158.6
519.4
139.1
529.0
144.3
546.1
152.0
531.1
133.4
547.2
133.3
44.4
85.8
-24.6
-16.8
31.6
32.8
44.3
46.9
46.1
76.9
-9.2 -17.1
-4.4
-4.9 -15.5 -10.1
30.7
47.0
-9.4
-6.9
34.8
48.8
-10.3
-3.8
34.2
45.5
-12.6
1.3
47.4
39.2
.5
7.7
225.1
131.3
216.0
128.7
218.9
129.8
223.4
130.5
227.5
131.9
230.6
132.9
232.2
134.3
0
0
0
0
0
0
0
Capital consumption allowances with CCAdj:
Corporate
206.2
Noncorporate
123.9
Wage accruals less disbursements
..
0
Government surplus or
deficit (-), NIPA's
Federal
State and local
-87.5 -123.7 -167.7 -131.7
1740
1196 -156.0 -204.2
32.1
36.4
42.3
32.3
-28.2 -117.4 -72,5 -90.7
60.0 1495 -1017 -11&4
31.7
32.1
27.7
29.1
Capital grants received by the
United States (net)
0
1.1
1.1
0
0
0
0
0
475.6
415.7
469.0
421.3
422.3
426.0
373.1
418.3
Gross private domestic investment
Net foreign investment
471.5
4.1
420.3
4g
468.9
.1
414.8
6.5
431.5
10.8
443.3
17 3
391.5
18 5
421.7
34
Statistical discrepancy
-1.9
-7.2
-7.5
.8
3.6
9.7
2.8
Gross investment
1.7
Table 5.8-5.9.—Change in Business Inventories by Industry in Current
and Constant Dollars
Billions of dollars
Seasonally adjusted at annual rates
1981
1982
IV
Change in business inventories
....
Farm
Nonfarm
Change
in book value
IVA 1
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Durable goods
Nondurable goods
Merchant wholesalers
Durable goods
Nondurable goods
Durable goods
Nondurable goods
Retail trade
Durable goods
Nondurable goods
Other
Durable goods
Nondurable goods
20.5 -23.8
1982
1981
I
13.2 -35.6
II
-16.2
7.2
.4 -1.2
5.5
.5
6.0 -36.0 -15.0
15.0 -24.3
305 -4.6
43.5 -14.0
26.6
-5.6 -10.4
-28.6 -10.3 -20.5
6.0 -21.5
4.4
151
1.7 -6.4
2.8 -2.7
2.7 -2.9
.1
.3
3.0
-.5
2.8 -1.6
1.2
.3
2 -2.2
0
-1.3
9
2
6.5
-.6
2.6
-.7
3.8
.1
-.3
.4
-.2
-1.0
.7
.6
1983
III
IV
4.7 -48.3
lr
-36.3
1.0
1.7
-.7
3.7
500 -35.6
14.8 -35.9 -36.2
-11.1 -14.1
.6
346
-8.7 -17.8 -21.0 -12.6
-7.2 -14.8
-9.1
-8.5 -28.0
-4.2
-1.4
-3.0 -11.9
-6.6
2.4
10.4 -12.5
2.1 -2.7
7
82
5.3 -6.6
3.8
3.1
-1.7
5.1 -5.8
5.5
7.6
1.7 -2.9
10.9 -8.1
0
4.6 -6.2
6.3 -5.1
4.6 -3.1
7.5 -3.0
3.3
4 3 -5.1
.4
.2
-.5
-1.0
-.7
-.8 -2.1
-1.5
1.3
2.2
.5
2 8 -4.4
1.7 -8.7
2.9
15.5 -12.1
-1.0
-8.6
3.2
14.8 -12.2
.1
.7
2.7
-.3
0
6
2.7
.7
13
2.9
-.1
.1
0
-2.7
-.8
5.4
3.7
.7
1.2
-.6
-26.8
-22.0
48
-12.9
-13.2
.3
-11.0
-11.8
.8
-1.9
-1.4
-.5
2.6
-.6
3.3
1.5
0
1.4
Billions of 1972 dollars
Change in business inventories
9.0
-9.2
4.8 -15.4
-4.4
3.4 -20.3
Farm
Nonfarm
Change
in book value
IVA1
2.1
6.8
.2
-9.4
3.2
.2
1.6 -15.6
6
-3.8
5
.5
.8
2.9 -21.1 -15.1
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Durable goods
Nondurable goods
Merchant wholesalers
Durable goods
Nondurable goods
2.6
1.9
.7
1.5
1.2
.3
1.5
1.2
.3
0
0
0
3.1
1.2
1.8
2
-.5
.2
-8.7
63
-2.4
7
-1.1
.4
0
-.6
.6
-.8
-.5
-.2
-.2
3
.1
.3
-.1
.3
73
-3.7
-3.7
1.8
-.4
2.2
2.8
-.1
2.9
-1.0
-.3
-.7
1.3
1.4
-.1
.4
0
.4
-5.0 -14.4 -11.4
36 -11.5
-9.3
-1.4
-2.1
-2.9
1.1 -1.4
-5.7
1.7 -3.2
-5.5
-.6
-.2
1.9
1.3
-.6
48
2.0 -2.4
-4.9
-.7
.1
1.8
3
-.9
-.8
-.4
-.6
-.9
3
.1
.1
7.1 -5.2
1.3
6.8
0
54
.3
.2
1.4
-.3
-.1
.7
0
0
0
-.2
.7
-.2
Durable goods
Nondurable goods
Retail trade
Durable goods
Nondurable goods
Other.
Durable goods
Nondurable goods
-3.6
-3.1
-.5
4.5
2.3
2.2
4.8
2.7
2.1
-.3
4
.1
.6
-.4
1.0
.2
-1.2
1.4
-8.1
-6.5
-1.6
45
-2.7
19
-3.4
-2.0
14
-1.1
-.7
-.5
-4.0
-4.2
.2
1.0
-.3
1.4
-15.5
1983
1982
II
I
III
IV
lr
Inventories 1
Farm.. .
Nonfarm
Durable goods
Nondurable goods
822.4
81.8
740.5
421.8
318.8
809.7
84.5
725.2
412.3
312.9
812.5
86.4
726.1
413.0
313.1
816.0
83.5
732.5
419.2
313.4
803.6
80.9
722.8
409.5
313.3
795.1
84.4
710.7
400.7
310.0
Manufacturing
Durable goods
Nondurable goods
366.4
236.8
129.6
358.1
231.4
126.7
352.7
229.9
122.7
351.3
229.5
121.8
343.4
223.5
119.9
334.9
216.8
118.1
163.0
103.0
60.0
130.8
86.9
43.9
32.2
16.1
16.1
158.4
101.5
56.9
128.5
85.9
42.6
29.9
15.6
14.3
160.8
102.0
58.8
131.7
86.5
45.2
29.1
15.5
13.6
161.9
104.0
57.9
132.5
88.6
43.9
29.4
15.4
14.0
161.9
102.6
59.4
132.4
87.6
44.8
29.5
15.0
14.5
157.7
99.8
57.9
129.9
85.1
44.8
27.8
14.7
13.1
140.7
64.1
76.6
70.5
137.6
61.8
75.8
71.1
140.2
63.3
77.0
72.4
145.6
67.8
77.7
73.7
143.2
65.5
77.7
74.2
143.6
65.9
77.6
74.5
210.4
130.7
213.8
132.2
215.5
132.1
217.1
131.2
222.2
134.1
226.0
136.3
3.91
3.52
3.79
3.39
3.77
3.37
3.76
3.37
3.62
3.25
3.52
3.14
5.67
5.48
5.50
5.58
5.39
5.21
Wholesale trade . . .
Durable goods
Nondurable goods
.
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
. .
. .
,
Retail trade
Durable goods
Nondurable goods
Other
Final sales 2
Final sales of goods and structures
Ratio* Inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods
and structures
Billions of 1972 dollars
Inventories 1
Farm
Nonfarm ..
Durable goods
Nondurable goods
. .
Manufacturing
Durable goods
Nondurable goods
Wholesale trade .
Durable goods
Nondurable goods
Merchant wholesalers
Durable goods .
....
Nondurable goods
Nonmerchant wholesalers .
Durable goods
Nondurable goods
. .
. .
...
Retail trade
Durable goods
Nondurable goods
Other
Final sales 2
Final sales of goods and structures
Ratio: Inventories to final sales
Nonfarm inventories to final sales
.. .
Nonfarm inventories to final sales of goods
and structures .. .
347.6
343.7
342.6
343.5
338.4
334.5
43.2
304.4
184.5
119.9
43.3
300.5
181.0
119.4
43.1
299.5
180.4
119.1
43.3
300.2
181.6
118.6
43.4
295.0
176.6
118.4
43.3
291.2
172.8
118.4
148.4
101.8
46.7
146.4
100.1
46.3
144.6
99.2
45.4
143.3
98.3
45.0
139.7
95.4
44.3
136.9
93.1
43.8
66.5
44.5
22.0
55.3
37.4
17.9
11.1
7.1
4.1
65.3
43.8
21.5
54.5
36.9
17.6
10.9
6.9
4.0
65.8
43.7
22.1
55.2
36.9
18.3
10.6
6.8
3.8
66.1
44.1
21.9
55.5
37.4
18.1
10.5
6.7
3.8
65.7
43.3
22.4
55.4
36.8
18.6
10.3
6.5
3.8
64.3
42.0
22.4
54.2
35.6
18.6
10.1
6.4
3.8
66.1
30.3
35.7
23.4
65.1
29.3
35.8
23.6
65.4
29.7
35.7
23.7
67.2
31.3
35.8
23.7
65.9
30.0
35.9
23.6
66.2
30.0
36.2
23.8
104.6
65.6
105.0
65.8
104.6
65.0
104.3
64.5
105.8
65.9
106.3
66.2
3.32
2.91
3.27
2.86
3.28
2.86
3.29
2.88
3.20
2.79
3.15
2.74
4.64
4.57
4.60
4.65
4.48
4.40
Table 5.10-5.11:
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 quarter rates, whereas CBI is stated at annual rates. Quarter-to-quarter
changes calculated from the constant-dollar inventories shown in this table are at quarterly
rates, whereas the constant-dollar change in business inventories component of GNP is stated at
annual rates.
2. 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.
Table 5.8-5.9:
1. The IVA shown in this table differs from that which adjusts business income. The IVA in
this table reflects the mix of methods (firsfc-in-first-out, last-in-first-out, etc.) underlying book
value inventories derived primarily from Census Bureau Statistics. The mix differs from that underlying business income derived primarily from Internal Revenue Service statistics.
14
SURVEY OF CURRENT BUSINESS
Table 6.4.—National Income Without Capital Consumption Adjustment
by Industry
June 1983
Table 7.1.—Implicit Price Deflators for Gross National Product
Index numbers, 1972=100
Billions of dollars
Seasonally adjusted
Seasonally adjusted at annual rates
1981
1982
I
IV
National
income
without CCAdj
IV
1982
I
Gross national product
2,410.6 2,478.6 2,462.1 2,447.6 2,470.1 2,495.8 2,500.9 2,549.5
2,361.4 2,430.9 2,408.8 2,401.7 2,420.6 2,449.3 2,451.9 2,502.2
Private industries
2,025.4 2,070.0 2,060.9 2,048.6 2,062.6 2,086.6 2,082.1 2,126.5
Agriculture,
forestry,
and fisheries
Mining
Construction
68.7
44.9
113.4
68.5
44.7
113.2
71.6
49.0
113.4
66.1
49.3
112.9
66.6
45.5
112.8
66.5
42.9
112.9
74.8
41.0
114.2
70.3
40.6
117.1
Manufacturing
Durable goods
Nondurable goods
580.8
344.8
236.0
551.7
318.9
232.8
573.1
336.7
236.4
555.2
323.1
232.1
556.0
326.8
229.1
560.4
324.1
236.3
535.3
301.4
233.9
555.4
319.8
235.6
Transportation and
public utilities
Transportation
Communication
Electric, gas, and
sanitary services
190.9
87.0
55.3
199.9
86.1
59.5
197.7
86.5
58.3
198.5
85.3
59.3
200.2
87.1
59.2
201.0
86.9
60.1
199.8
84.9
59.5
204.0
86.2
60.8
48.6
54.3
52.8
53.8
53.9
54.0
55.4
57.0
Wholesale trade
Retail trade
Finance, insurance, and
real estate
Services
155.8
197.5
155.3
207.5
162.9
199.1
157.3
203.6
154.6
205.7
155.4
209.1
153.9
211.7
155.2
214.6
324.2
349.4
348.4
380.8
331.5
362.7
336.4
369.3
345.0
376.1
352.7
385.6
359.3
392.2
369.9
399.4
Government and government enterprises
336.0
360.9
347.9
353.2
358.0
362.7
369.8
375.7
49.2
47.7
53.3
45.8
49.5
46.6
49.0
47.3
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
206.0
174.9
208.8
213.3
199.8
171.3
205.6
203.6
202.2
173.0
206.8
207.4
204.0
174.0
207.1
210.6
207.7
176.1
210.0
215.3
210.0
176.3
211.0
219.7
211.0
177.2
210.2
222.4
208.0
201.3
251.5
179.8
233.6
237.1
236.9
159.4
215.5
210.0
266.4
183.4
238.5
241.9
242.7
168.4
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
216.6
211.3
267.6
184.6
238.6
242.1
242.0
168.1
216.2
210.7
266.7
183.8
238.8
242.3
241.9
169.4
215.8
210.4
266.8
183.1
236.3
239.2
243.3
170.3
215.9
207.5
265.2
180.7
243.2
246.2
246.6
170.8
Net exports of goods and
services
Exports
Imports
231.8
293.1
236.9
284.1
234.5
286.1
237.3
286.4
236.8
278.8
236.9
285.4
236.5
286.0
239.3
273.9
Government purchases of
goods and services
Federal
National defense
Nondefense
State and local
207.9
207.4
209.0
204.2
208.2
222.3
221.6
227.2
210.1
222.7
215.0
216.0
219.5
209.4
214.3
217.8
218.3
223.0
209.6
217.5
221.1
221.6
225.2
212.6
220.9
223.9
223.0
226.5
214.9
224.5
226.0
223.5
233.6
204.8
227.8
231.3
232.6
237.1
222.2
230.4
Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment ..
Residential
Nonf arm structures
Farm structures .
Producers' durable equipment ..
Change in business inventories
Index numbers, 1972=100
I
Corporate
profits
with
IVA
and
CCAdj
Seasonally adjusted
1983
1982
IV
II
III
IV
lr
160.8
183.9
157.1
155.4
166.2
164.6
186.1
167.8
22.2
145.6
22.8
142.8
24.1
118.7
18.1
158.3
20.1
138.2
25.7
140.2
19.9
120.3
16.9
137.2
22.4
114.8
18.2
149.9
24.7
125.3
16.3
143.7
29.4
114.3
20.9
168.3
33.2
135.1
17.8
207.5
165.7
199.4
167.2
162.2
170.0
163.3
178.4
184.6
147.6
173.7
150.3
144.1
153.7
142.4
160.6
Financial
Federal Reserve BanksOther
22.7
14.5
8.1
23.8
15.7
8.1
20.0
16.1
3.9
22.2
16.0
6.2
24.2
15.8
8.4
28.7
14.9
13.9
32.3
14.3
17.9
Nonfinancial
Manufacturing
Durable goods
Primary metal industries . .
Fabricated
metal
products
Machinery, except
electrical
Electric and electronic equipment..
Motor vehicles and
equipment
Other
162.0
86.3
28.4
123.9
55.9
8.5
130.4
57.7
9.1
121.9
56.6
12.7
129.5
62.7
12.2
113.7
46.7
0
128.3
56.3
11.2
-3.1
-6.5
-5.4
Corporate
with IVA
profits
Domestic industries
Nondurable goods
Food and kindred
products
Chemicals
and
allied products
Petroleum and coal
products
Other
Transportation and
public utilities
Wholesale and retail
trade . .
Other
Rest of the world
1981
4.1
-5.2
20.4 •
15.6
4.8
153.3
73.7
18.9
.7
5.9
-1.7
3.4
4.4
3.8
4.7
3.1
4.6
9.9
8.3
4.8
3.7
1.8
1.6
3.1
4.3
3.6
3.7
3.2
1.7
2.9
-1.1
6.2
.2
1.7
-1.8
2.4
3.3
3.5
3.2
2.7
-1.4
.7
2.6
1.3
57.9
47.4
54.7
48.6
43.9
50.5
46.7
45.1
8.7
6.7
8.1
6.7
6.3
7.0
6.7
6.3
8.2
5.4
7.8
6.5
5.8
5.1
4.1
6.7
4.9
4.0
9.3
5.1
26.6
14.4
23.6
11.8
24.7
14.1
-4.1
0
25.4
10.0
20.4
11.4
25.9
12.5
22.5
13.3
4.5
17.0
15.0
19.1
18.6
21.2
18.8
18.5
19.2
17.8
20.7
33.4
23.1
28.7
20.7
35.7
22.7
31.9
21.9
26.8
20.0
27.4
20.3
28.6
20.6
29.8
21.6
22.8
18.1
25.7
16.9
18.2
16.3
20.9
17.8
1982
1981
1983
1982
IV
I
II
III
IV
lr
202.0
214.6
208.4
210.8
213.0
216.0
218.6
220.4
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
202.1
172.9
212.8
202.1
213.8
181.4
218.7
220.4
207.5
177.4
215.9
209.9
209.9
179.0
217.2
213.8
211.6
181.0
216.4
217.6
215.4
182.6
219.7
222.6
218.4
183.0
221.6
227.4
219.3
183.7
220.0
230.8
Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment ..
Residential
Change in business inventories
220.9
213.5
237.3
199.8
235.0
230.8
225.7
248.9
212.3
240.4
226.8
219.3
243.0
205.6
241.2
229.2
222.0
245.7
208.4
242.7
230.4
225.0
248.6
211.5
240.7
232.0
227.4
250.0
214.5
240.7
231.8
228.7
251.4
215.7
237.7
234.9
229.8
251.4
217.4
244.5
Net exports of goods and
services
Exports
Imports
239.3
319.0
245.7
315.2
242.5
314.0
245.6
319.1
246.3
313.6
245.2
313.6
245.5
314.3
248.3
313.0
Government purchases of
goods and services
Federal
National defense
Nondefense
State and local .
212.2
214.7
219.7
201.7
210.6
226.2
230.2
236.5
214.0
223.5
219.3
223.9
230.1
207.9
216.1
222.4
227.1
233.4
211.0
219.2
224.5
228.4
234.6
212.6
221.9
227.2
230.1
236.3
214.2
225.2
230.8
235.0
241.6
218.1
228.0
232.8
236.2
242.5
220.1
230.5
Addenda:
Gross domestic purchases1
207.2
Final sales
202.0
Final 1 sales to domestic purchasers
207.2
219.1
214.6
213.0
208.4
215.6
210.9
217.3
213.0
220.4
216.1
223.1
218.7
224.6
220.5
219.2
213.0
215.6
217.4
220.5
223.2
224.7
217.4
211.7
215.3
217.3
218.4
218.5
219.4
362.2
366.1
361.9
348.9
364.1
373.7
357.7
199.1
191.6
194.3
197.3
200.8
204.0
206.5
214.7
215.4
208.5
209.4
210.9
211.8
213.0
213.8
216.1
216.8
218.7
219.2
220.5
220.8
Gross national product
190.6
Domestic industries
Financial
Nonfinancial
Rest of the world
Ir
194.5
167.5
202.7
196.3
Billions of dollars
1981
IV
195.51 207.15 201.55 203.68 205.98 208.51 210.42 213.26
Seasonally adjusted at annual rates
1982
1983
III
Table 7.2.—Fixed-Weighted Price Indexes for Gross National Product,
1972 Weights
Table 6.20.—Corporate Profits by Industry
1981
II
l
Domestic industries
Rest of the world
1981
r
IV
III
II
1982
1983
1982
1981
1981
Personal consumption expendi208.8
tures food
Personal consumption expenditures, energy
359.6
Other personal consumption expenditures
185.5
Gross domestic product
Business
Nonfarm
202.1
203.4
2033
Table 7.1-7.2:
1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.
15
SURVEY OF CURRENT BUSINESS
June 1983
Table 7.3.—Implicit Price Deflators for Gross National Product by
Major Type of Product
Table 7.7.—Current-Dollar Cost and Profit Per Unit of Constant-Dollar
Gross Domestic Product of Nonfinancial Corporate Business
Index numbers, 1972=100
Dollars
Seasonally adjusted
1981
1982
IV
Gross national product
Seasonally adjusted
1983
1982
1981
I
II
III
lr
IV
195.51 207.15 201.55 203.68 205.98 208.51 210.42 213.26
195.3
207.5
201.3
204.0
206.5
208.7
210.8
213.5
187.0
193.6
191.5
191.8
193.5
194.8
194.4
196.9
Final sales
. , 186.4
Change in business inventories
194.5
190.9
192.7
194.6
195.1
195.7
197.8
180.2
179.5
185.4
187.0
183.5
183.9
182.0
184.2
185.8
186.5
188.6
188.3
184.9
189.0
185.2
188.2
192.0
191.5
199.1
199.7
197.0
195.8
198.3
198.7
198.8
200.4
199.1
199.7
200.3
200.2
204.7
204.5
196.1
212.7
203.5
207.2
210.3
214.5
218.8
221.8
252.0
Final sales
Change in business inventories
Goods
.
. . .
Durable goods
Final sales . . .
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services
241.8
251.6
249.7
251.8
252.5
251.9
250.4
Addenda:
199.3
Gross domestic purchases 1
Final 1 sales to domestic purchas199.2
ers
210.3
205.0
206.7
208.7
212.0
213.7
215.5
210.6
204.8
207.0
209.2
212.1
214.1
215.7
Structures
1981 1982 1981
IV
1983
1982
I
II
III
IV
Ir
Current-dollar cost and profit per unit
of constant-dollar
gross domestic
product l
1.966 2.077 2.030 2.045 2.064 2.088 2.110 2.134
Capital consumption allowances with CCAdj ....
Net domestic product.. .
Indirect business tax and nontax liability
plus business transfer payments less subsidies
Domestic income
Compensation of employees
Corporate profits with
IVA and CCAdj
Profits tax liability
Profits after tax with IVA and CCAdj ....
Net interest
.222 .250 .236 .242 .247 .251 .259 .257
1.743 1.827 1.795 1.803 1.817 1.837 1.851 1.877
.202 .213 .208 .205 .211 .214 .221 .222
1.541 1.614 1.586 1.598 1.606 1.623 1.630 1.654
1.305 1.391 1.349 1.376 1.388 1.392 1.409 1.411
.165
.072
.093
.071
.159
.063
.096
.078
.139
.046
.093
.085
.140
.045
.095
.082
.134
.043
.091
.085
.146
.049
.097
.085
.135
.046
.089
.086
.158
.053
.105
.085
Table 7.8.—Implicit Price Deflators for Auto Output
Index numbers, 1972=100
Seasonally adjusted
1981 1982 1981
Table 7.4.—Implicit Price Deflators for Gross National Product by
Sector
IV
Auto output
Gross national product
195.51 207.15 201.55 203.68 205.98 208.51 210.42 213.26
195.5
1956
195.5
1980
174.8
1974
195.6
207.2
2066
207.1
2095
188.0
1886
206.6
201.6
201.4
202.0
204.6
180.4
185.5
201.4
203.7 206.0
2033 2055
203.7 205.8
206.2 208.2
183.5 185.9
191 1 1971
203.3 205.5
208.5
207.9
208.4
210.7
189.6
193.5
207.9
210.4
209.4
210.7
213.0
193.0
174.9
209.4
213.3
212.3
213.2
215.4
195.3
185.6
212.3
Households and institutions
Private households
Nonprofit institutions
2055
212.1
2050
2220
231.2
2214
2119
218.4
2114
216 1
232.7
2150
2198
229.4
2191
224.8
231.8
224.3
227.3
230.9
227.0
229.0
230.8
228.9
Government
Federal
State and local
1921
185.7
1950
2076
200.3
2110
199.6
196.7
200.9
2028
198.2
2049
205.7
198.6
209.0
208.7
199.0
213.2
213.2
205.3
217.0
216.3
207.3
220.6
193.6
205.5
199.5
201.8
204.3
206.9
209.1
212.1
Gross domestic product
Business
..
Nonfarm
Nonfarm less housing . .
Housing
Farm
Statistical discrepancy
Rest of the world
19551 207 15 201 55 20368 20598 20851 210.42 21326
Less: Capital consumption allowances with CCAdj
212.1
2205
2185
2189
2201
221 6
221 3
2226
Equals: Net national product
205.5
199.5
201.8
204.3
206.9
209.1
212.1
Less:
Indirect business tax and nontax
liability plus business transfer
payments less subsidies plus
current surplus of government
enterprises.. .
1747
1801
1780
1756
1804
1837
1806
1873
Statistical discrepancy
1956
2066
2014
2033
2055
2079
2094
2123
195.9
208.7
202.2
205.1
207.3
209.8
212.7
215.2
Table 7.3:
1. Gross domestic purchases equals GNP less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.
Table 7.7:
1. Equals the deflator for gross domestic product of nonfmancial corporate business with the
decimal point shifted two places to the left.
Table 7.8:
1. Consists of final sales and change in business inventories of new autos produced in the
United States.
2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases.
IV
Ir
166.5 175.2 171.3 172.2 174.3 177.9 176.3 177.1
186.8 198.5 195.0 194.9 196.9 203.0 199.2 202.3
170.9 177.8 175.4 175.5 177.0 179.5 179.0 180.4
142.8 140.9 142.6 140.7 144.4 143.6 135.0 135.3
171.4 178.1 175.6 175.8 177.2 179.8 179.2 180.6
172.8 181.0 180.2 178.8 180.0 182.8 182.2 183.7
232.1 229.8 234.6 232.9 227.5 226.9 232.9 233.0
144.1 144.2 143.2 143.0 144.6 146.2 142.9 143.0
Addenda:
Domestic output of new autos2 1
Sales of imported new autos
171.3 178.0 175.7 175.2 177.2 180.2 178.4 180.7
171.1 177.9 175.5 175.6 177.1 179.5 179.1 180.4
208.6 213.8 215.3 211.5 210.9 217.0 216.7 217.4
209 4 214 0 2178 211 7 212 1 2162 2163 218.3
1712 1777 1754 1756 1770 1796 179.1 180.5
221.7 236.0 231.4 231.1 234.0 240.0 240.7 245.9
Final sales
Personal consumption expenditures
Producers' durable equipment
Net exports
Exports
Imports... .
Government purchases
Change in business inventories
2197 235.7 228.9 231.1 233.4 239.9 240.7 245.9
1955 2103 201 6 2019 2104 2158 2143 216.2
221.8 236.6 231.4 231.0 234.0 240.0 240.7 245.9
Table 7.11.—Implicit Price Deflators for Personal Consumption
Expenditures by Major Type of Product
Personal consumption expenditures
Equals: National income
Table 7.9:
1. Includes new trucks only.
III
166.8 175.3 169.7 171.0 176.0 178.0 175.2 175.3
Final sales
Personal consumption expenditures
New autos . .
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases
Change in business inventories
Truck output1
Table 7.5.—Implicit Price Deflators for the Relation of Gross National
Product, Net National Product, and National Income
193.6
II
Table 7.9.—Implicit Price Deflators for Truck Output
Addendum:
Gross domestic business product
less housing
..
1980
Gross national product
1983
1982
I
194.5 206.0 199.8 202.2 204.0 207.7 210.0 211.0
1675
181.8
151 7
175.6
174.9
190.8
1570
182.1
171.3
188.0
154.4
179.0
173.0
188.0
155.7
181.2
174.0
189.8
156.8
180.7
176.1
193.8
157.4
182.6
176.3
191.6
158.0
1840
177.2
1934
158.2
185,0
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other
202.7
206.9
138.5
3767
203.8
5716
1854
208.8
215.9
141.0
3534
216.5
5654
2003
205.6
210.1
139.7
378.5
208.5
5807
190.7
206.8
213.4
140 9,
363.9
210.7
568.5
194.6
207.1
215.8
1408
335.9
214.1
5441
198.5
210.0
217.1
141.7
355.6
218.2
562.4
201.4
211.0
2173
141 4
359.0
2?,3 0
588.3
2068
210.2
2183
141.5
331 9
Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other
196.3
1816
2032
270.9
160.1
2019
205.8
213.3
1962
225.4
305.1
175.2
216.1
223.5
203.6
1878
212.6
282.9
167.5
207.3
213.7
207.4
191.1
219.1
293.4
1703
209.7
217.2
210.6
193.9
221.9
300.9
1734
213.7
2206
215.3
198.1
227.6
309.0
177.3
218.4
225.6
219.7
201.7
2329
3173
1799
222.5
2304
222.4
204.2
235 1
3195
184.4
3373
233.0
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
.. .
..
. ..
?,?A 3
545.0
211 0
16
June 1983
SURVEY OF CURRENT BUSINESS
Table 7.14B.—Implicit Price Deflators for Government Purchases of
Goods and Services by Type
Table 7.17.—Implicit Price Deflators for Merchandise Exports and
Imports by Type of Product and by End-Use Category
Index numbers, 1972=100
Index numbers, 1972 = 100
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
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 employeesOther services . .
Structures
1982
1981
1983
1982
IV
I
II
1981
III
IV
I'
207.9
222.3
215.0
217.8
221.1
223.9
226.0
231.3
207.4
221.6
216.0
218.3
221.6
223.0
223.5
232.6
209.0
203.5
486.9
196.5
227.2
225.9
488.1
213.4
219.5
212.6
503.0
207.5
223.0
216.4
479.5
210.8
225.2
225.4
472.2
211.5
226.5
227.0
484.4
213.0
233.6
233.6
514.5
218.1
237.1
235.3
494.4
221.7
185.3
184.8
186.0
217.9
221.5
201.7
205.6
196.3
233.7
232.6
198.5
203.1
192.0
223.4
227.5
199.6
203.5
194.0
232.7
231.4
200.0
203.6
194.8
231.7
235.4
200.4
203.8
195.5
233.9
233.8
207.0
211.3
200.9
236.1
230.0
208.5
211.6
204.1
244.0
232.9
204.2
194.0
210.1
211.0
209.4
202.9
209.6
206.3
212.6
209.8
214.9
213.7
204.8
214.8
222.2
213.1
193.3
205.5
199.5
202.6
203.9
205.4
210.0
213.0
186.5
203.4
222.6
197.4
218.1
231.8
193.1
209.0
227.8
195.3
213.4
230.5
196.0
216.7
231.8
196.4
219.9
232.6
201.9
222.5
232.5
205.0
225.0
233.6
208.2
200.5
265.3
183.8
195.0
219.5
230.3
222.7
209.6
271.6
217.9
211.0
239.0
232.5
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
220.9
208.4
269.6
215.8
209.0
236.9
232.8
224.5
210.9
272.3
220.0
213.2
241.1
232.1
227.8
212.6
273.9
224.0
217.0
245.8
231.3
230.4
214.3
263.8
227.9
220.6
250.5
232.9
Table 7.16.—Implicit Price Deflators for Exports and Imports of Goods
and Services
Index numbers, 1972 = 100
1982
1981
1982
I
IV
II
1983
III
IV
lr
Merchandise exports
258.3
260.8
260.2
263.6
262.0
259.7
257.3
259.3
Foods, feeds, and beverages
Industrial supplies and
materials
Durable goods
Nondurable goods
246.9
218.2
228.0
228.6
223.3
212.2
205.4
213.7
293.2
293.2
293.2
284.3
284.3
284.4
292.6
292.5
292.6
291.0
291.0
291.0
287.8
287.8
287.8
280.7
280.8
280.7
277.1
277.2
277.1
275.1
275.2
275.1
Capital goods, except autos
Autos
Consumer goods
Durable goods. .
Nondurable goods
Other
Durable goods
Nondurable goods
248.4
286.4
200.7
244.1
173.1
258.3
258.3
258.3
270.9
312.0
201.5
251.6
174.1
260.5
260.5
260.5
258.6
303.4
204.2
248.3
177.4
260.0
260.0
260.0
266.6
308.7
205.6
249.8
179.8
263.4
263.4
263.4
269.7
315.0
202.9
249.3
176.5
262.1
262.3
262.0
271.9
313.6
200.3
254.2
171.8
259.8
259.8
259.8
276.4
310.5
197.0
253.2
168.7
257.1
257.1
257.1
278.6
318.0
197.4
256.1
167.4
259.2
259.3
259.1
Merchandise imports
329.0
311.8
314.3
318.1
306.7
312.0
310.6
289.9
Foods, feeds, and beverages
Industrial supplies and
materials, excluding
petroleum
Durable goods
Nondurable goods
Petroleum and products
259.3
239.3
238.2
243.4
239.4
235.2
240.3
234.2
296.8 286.9 293.5 296.1 290.1 282.7 277.9 273.5
296.9 288.2 293.7 296.6 290.4 284.4 279.4 273.6
296.7 285.3 293.2 295.5 289.7 280.9 276.3 273.4
1,297.1 1,206.4 1,246.8 1,248.2 1,181.0 1,195.7 1,199.8 1,158.0
Capital goods except autos
Autos
Consumer goods
Durable goods
Nondurable goods
Other
Durable goods
Nondurable goods
191.9
288.0
231.3
208.3
279.3
249.2
249.2
249.2
194.5
312.1
236.3
204.6
303.2
249.7
249.6
249.8
185.4
303.3
228.8
209.1
266.9
244.8
244.9
244.6
195.5
311.0
237.4
209.0
303.2
252.5
252.5
252.5
200.0
307.7
239.0
211.5
291.6
252.9
252.8
253.1
191.5
315.5
236.9
204.1
302.2
248.1
247.9
248.3
191.0
314.1
232.1
194.2
316.6
244.9
245.0
244.8
191.7
325.4
234.3
195.9
314.6
246.9
246.9
246.9
Addenda:
Exports:
Agricultural products
Nonagricultural products
Imports
of nonpetroleum
products
246.3
261.3
218.4
272.4
229.1
268.5
227.8
273.7
222.0
274.0
212.8
271.4
208.5
270.5
214.3
272.2
249.8
250.0
245.0
253.0
253.1
248.6
245.2
246.6
Seasonally adjusted at annual rates
1981
1982
1981
IV
1983
1982
I
II
III
IV
lr
Exports of goods and services
231.8
236.9
234.5
237.3
236.8
236.9
236.5
239.3
Merchandise
Durable goods
Nondurable goods
258.3
259.5
256.6
260.8
276.2
242.7
260.2
267.8
250.7
263.6
274.0
251.4
262.0
276.4
245.5
259.7
276.8
238.9
257.3
278.0
234.0
259.3
281.0
234.9
Services
Factor income
Other
197.3
193.7
203.8
208.6
205.4
214.1
202.1
199.5
206.6
204.7
201.8
209.5
207.2
204.3
212.5
210.1
206.9
215.7
212.7
209.1
218.9
215.7
212.1
221.1
293.1
284.1
286.1
286.4
278.8
285.4
286.0
273.9
Imports of goods and services
Merchandise
Durable goods
Nondurable goods
329.0
238.4
501.9
311.8
240.4
447.5
314.3
236.4
464.6
318.1
242.9
473.0
306.7
245.5
426.4
312.0
239.7
444.1
310.6
233.1
448.4
289.9
236.1
393.4
Services
Factor income .. .
Other
217.1
193.6
241.7
226.5
205.4
249.6
221.3
199.5
242.5
222.5
201.8
245.0
224.1
204.2
247.5
227.5
206.9
251.2
232.3
209.0
255.0
235.7
212.1
257.6
Table 7.21.—Implicit Price Deflators for Inventories and Final Sales of
Business
Index numbers, 1972=100
Seasonally adjusted at annual rates
1981
1982
IV
Inventories l
236.6
1983
1982
1981
I
235.6
II
237.1
III
IV
Ir
237.6
237.5
237.7
194.7
244.1
231.8
261.9
Farm
Nonfarm
Durable goods
Nondurable goods
189.3
243.3
228.6
265.9
195.3
241.4
227.7
262.0
200.4
242.4
229.0
262.8
193.1
244.0
230.8
264.1
186.1
245.0
231.9
264.6
Manufacturing
Durable goods
Nondurable goods
246.8
232.6
277.7
244.6
231.1
273.8
243.9
231.7
270.6
245.1
233.5
270.6
245.8
234.2
270.7
244.7
232.9
269.8
Wholesale trade
Durable goods
Nondurable goods
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers .....
Durable goods
Nondurable goods
245.2
231.6
272.6
236.4
232.4
244.9
288.7
227.8
394.1
242.4
231.7
264.3
235.9
232.8
242.4
275.3
225.9
361.1
244.4
233.3
266.2
238.6
234.4
247.1
274.2
227.3
358.4
245.1
235.7
264.1
238.7
236.9
242.4
278.9
229.0
366.9
246.4
236.8
265.0
239.1
237.8
241.5
285.5
230.7
378.5
245.3
238.0
259.0
239.9
239.2
241.0
274.3
231.0
347.4
Retail trade
Durable goods
Nondurable goods
Other
212.9
211.3
214.2
301.7
211.5
210.9
211.9
300.9
214.4
213.4
215.3
305.2
216.7
216.5
216.9
311.6
217.4
218.5
216.5
314.2
216.8
219.9
214.3
312.8
201.2
203.7
206.1
208.1
209.9
212.6
199.4
201.1
203.0
203.3
203.6
206.0
Final sales2
Final sales of goods and structures
Table 7.21:
1. Inventories are as of the end of the quarter.
2. Business final sales equals final sales less gross product of households and institutions, government, and rest of the world.
17
SURVEY OF CURRENT BUSINESS
June 1983
Table 8.1.—Percent Change From Preceding Period in Gross National Product in Current and Constant Dollars, Implicit Price Deflator, and
Price Indexes
Percent
Percent at annual rates
Percent
Percent at annual rates
Seasonally adjusted
1981
1982
1981
IV
Gross national product:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
Seasonally adjusted
1983
1982
II
I
III
IV
6.8
2.1
4.6
4.6
4.1
2.6
5.8
.7 -1.1
3.7
5.0
5.1
6.0
4.9
5.9
8.3
2.6
5.5
3.5
3.3
10.6
1 1.8
8.6
9.1
11.2
3.4
6.9
1.0 -3.3
7.0
5.9
7.2
6.0
5.8
7.6
7.6
2.5
5.0
5.2
7.1
6.1
2.5
3.5
3.6
4.8
8.1
.6
7.5
7.1
3.2
9.3
4.5
4.5
5.5
5.6
4.4
2.5
1.9
2.3
1.8
Chain price index
Fixed-weighted price index
9.4
2.2
7.1
7.5
7.8
3.5 -17.9
-.9 -20.9
4.4
3.8
5.6
4.6
5.3
4.9
15.1
10.4
4.2
3.8
3.7
7
4.9
2.5 -5.4
5.0
2.3
3.1
3.7
3.6
4.5
20.6
20.2
.3
1.3
.8
8.3
6.2
2.0
1.5
1.5
Nondurable goods:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
9.6
1.8
7.6
8.4
8.7
3.7
.7
3.0
3.1
2.8
2.9
0
2.8
3.5
3.6
1.4
10
2.4
2.9
2.4
3.2
2.6
.6
-.4
14
7.3
1.5
5.6
5.9
6.2
Services:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
11.7
1.7
9.8
10.1
10.4
10.6
1.8
8.6
8.8
9.0
10.3
0
10.3
10.7
11.0
11.0
3.0
7.8
7.6
7.6
8.7
2.4
6.2
6.9
7.3
11.2
1.7
9.3
9.1
9.4
17.2 -10.9 -13.3 -38.8
8.4 -12.8
226 36 5
17.2
15.0
Chain price index
Gross private domestic
investment:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
Fixed investment:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
Nonresidential:
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:
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 deflator
Fixed-weighted price index
Imports:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
.9
3.9
2.6
1.9
16
2.0
3.1 -1.7
3.5 -2.8
11.0
2.3
8.5
8.6
9.0
6.2
1.2
4.9
5.8
6.1
11.4 -39.1
7.9 37 3
34.6
32.0
,
12.0
.5
3.5 -3.6
4.3
8.1
5.7
8.6
5.7
8.9
17.4
6.3
10.4
9.1
8.2
9.0
2.9
5.9
5.8
4.9
79
24
7 g -7.2
5.6 -.8
3.0
3.7
2.2
2.8
1.2
1.8
-.7
.4
-.3
17.6
17.5
.1
3.0
5.4
fi 7
8.4
.6 -5.0 -11.8
3.9
-7.6 -6.0
7.4 -1.2
1.5
7.8
-.7 -5.3
5.5
7.3
.4
3.8
5.6
1.9
7.0
5.6
1.9
4.3
5.1
2.3
22.3
5.9
15.5
8.6
6.1
5.3
1.3
4.0
5.2
4.4
6.4 -6.4 -4.7
52
1.6
48
.1
4.7 -1.2
5.5
1.7
2.6
2.3
4.8
2.3
-7.8
-5.5
-2.4
-2.5
0
.7 -8.8 -12.4 -10.3 -7.9
46
8.9
2.9
2.4 -6.4 -1.7
8.7
65
88
7 6 -17.4
2.0
6.4
2^4 -1.3
6.0 -1.7 -1.5 -5.3
5.7
8.3
6.6
5.7
5.7
2.5
4.6
2.0
7.5
6.3
9.4
3.2
5.7
6.1
5.5
2.3
9.4 -4.9
1.7 -8.3 -20.8 -8.4
33.6 102.6
12.9 -5.3
-4.8 -10.2 -25.3 -10.2
39.3 80.5
12.2
6.0
2.1
6.9
.3 -4.1
2.0 -3.1
.2 -4.8
6.3
2.3
7.1
11.8
2.7 -3.1
.1 -5.0
12.0
6.3
2.3
7.1
2.6 -3.4
.8 -8.4
8.3 -4.5
-.4 -6.5 -2.4 -12.7
3.2
2.2
8.8
4.9
2.8
2.8
5.1
9.5
2.4
2.7
5.1
9.5
6.7
7.5
8
1.2
1.2
-16.7 -22.3
21.6
-16.8
g
.2
-1.2
.9
.4
-1.7
5.3
.4
4.8
4.7
4.7
II
1983
III
IV
lr
-.3
9.1
9.7
4.5
3.5
8.4
1.4
6.9
7.1
6.6
2.4
18.6
.6
7.0 -2.9 -5.3
5.5
6.2
10.8
6.3
11.3
5.1
5.8
4.0
11.1
13.8
8.4
5.0
5.3
4.7
16.3
12.0
3.8
6.8
6.6
16.1
3.7
12.0
10.6
11.4
12.7
5.4
6.9
7.4
7.2
40.7 -1.4 -8.3
20.4 -5.5 -13.5
4.4
16.8
6.1
6.4
3.3
18.3
5.9
2.3
18.6
26.3
23.1
2.5
3.3
3.1
34.2
64
32.8 -20.2
1.0 17.3
4.2
8.0
8.7
2.2
National defense:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
17.0
4.9
11.5
11.5
11.8
16.2
6.9
8.7
8.3
7.6
36.7 -1.8
10.1 -7.9
6.5
24.2
7.5
20.5
20.6
5.8
15.6
13.0
2.3
3.5
3.0
15.4
2.0
13.1
8.9
9.2
Nondefense:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
14.3
1.3
12.8
8.8
10.3
5.5
2.5
2.9
5.6
6.1
7.9
8
8.7
8.8
8.2
5.8
10
6.9
6.9
6.1
5.0
6.2
8 -1.1
6.2
7.0
7.0
6.2
5.7
6.2
6.7
.4
6.3
6.2
5.2
6.5
2
6.7
6.6
5.9
5.5
-.4
6.0
5.9
5.2
4.2
— 4
4.1
4.7
4.4
4.4
11.6
2.6 -1.1
8.8
5.5
9.0
6.0
5.7
9.1
3.4 -2.1
47
53
3.5
8.5
5.4
7.9
4.9
7.8
6.4
2.5
3.8
4.0
3.2
2.3
9.8
3.1 -1.0
3.4
6.5
6.1
5.0
5.9
4.8
6.9
3.4
3.4
2.9
2.8
Federal:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
!
1982
I
10.9
.9
9.9
9.5
9.5
State and local:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
49.0
43.6
3.8
14.0
13.1
26.4
21.4
4.1
3.3
2.0
_ 4 -55.7
-!9 -58.1
5.8
.5
3.3
4.3
6.2
3.1
12.9
6.4
6.1
3.7
1.6
57.3 88.2 -39.1
50.7 128.1 56.1
38.7
4.3 -17.5
5.9
5.1
3.0
3.7
7.5
3.1
Addenda:
Gross domestic purchases:
Chain price index
Fixed-weighted price index
Final sales:
Current dollars
1972 dollars
Chain price index
Fixed-weighted price index
Final sales to domestic purchasers:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Gross domestic product:
Current dollars
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
Business:
1972 dollars
Implicit price deflator
Chain price index
Fixed-weighted price index
Nonfarm:
1972 dollars
Implicit price deflator
Chain price index
Disposable personal
income:
1972 dollars
10.4
1.0
9.3
9.4
9.6
5.7
5.7
-.5 -2.3
8.1
6.2
6.4
8.5
6.2
8.6
5.6
.2
5.4
5.0
4.8
4.1
2.9
-.9 -1.3
5.0
4.3
6.0
4.5
6.0
4.1
9.8
5.4
4.2
5.1
4.9
6.5
1.3
5.2
3.5
3.3
10.4
1.6
8.7
9.0
9.2
5.9
6.1
.2 -1.6
5.7
7.8
8.0
6.1
7.9
5.8
4.6
.1
4.5
5.4
4.9
3.6
-.6
4.2
3.9
3.2
6.8
.9
5.8
6.1
6.0
9.5
5.6
3.7
5.0
4.9
5.2
2.0
3.1
2.9
2.7
0
11.7
4.3
2.6
2.0 -1.6 -5.7 -4.1
9.4
6.0
8.8
4.3
6.4
8.4
5.0
9.4
6.2
8.5
4.8
9.6
6.4
1.7
4.6
4.6
4.1
6.3
2.3
1.2 -1.3
5.0
3.7
6.0
5.1
5.9
4.9
8.6
3.0
5.5
3.5
3.3
.7 -1.3
67 -4.9
8.0
3.8
7.6
4.7
7.4
4.4
6.4
2.0
4.3
4.3
3.8
6.4
1.6
4.7
5.9
5.9
1.2
18
3.0
4.7
4.3
9.1
3.4
5.6
3.2
3.0
4
3.6
2.1
12.0
2.2 -2.2 -6.4 -3.7
5.9
3.5
9.6
9.1
9.6
4.8
.7
4.1
.4
5.9
.7 -4.1
4.6
5.1
10.9
5.9
4.8
11.2
25
6.7
3.1
8.9
1.3
4.9
4.2
2.3
11.8
2.2
9.4
9.4
9.6
3.6
19
5.6
6.1
5.9
7.1
1.1
8.3
3.0
1.2 -1.9
76
3.7 17 1
2.8 14.8 247
8.7 -3.2
9.9
14.5
6.0 -17.5
4.6 -25.4
7.2 — .^
c
102
.9 -15.9
9.8
1 S -3.1 -2.2
.4 -.9
8.4 -4.3 -1.1
61 -.4 -1.8
g
16
0
6.7 -6.7
30
5.0 -1.2
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
Government purchases of goods and
services:
Current dollars
1972 dollars
1972 dollars
9.4 -1.5
1.3 -4.6
1.7 -5.0 -5.0
60
6.7
3.6
7.6
1.5
8.2
7.1
5.0
4.9
8.2
4.5
4.2
6.7
1981
IV
Fixed-weighted price index
Durable goods:
Current dollars
1972 dollars
1982
lr
3.0 -1.0
4.1
11.6
1.9 -1.7 -5.3 -5.1
8.8
6.0
I 9.4
4.3
8.4
6.4
9.4
5.0
8.5
6.2
9.6
4.8
Personal consumption expenditures:
Current dollars
1972 dollars
1981
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.
18
SURVEY OF CURRENT BUSINESS
June 1983
Reconciliation and Other Special Tables
Table 1.—Relation of Net Exports of Goods and Services in the National
Income and Products Accounts (NIPA's) to Balance on Goods and
Services in the Balance of Payments Accounts (BPA's)
Table 2.—Real Gross National Product and National Income, Command
Over Goods and Services, and Related Series
[Billions of 1972 dollars]
[Billions of dollars]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Line
1982
1982
1983
1982
I
II
III
IV
I
348.3
2.0
-1.9
359.0
1.7
-2.0
363.2
1.4
-3.0
347.7
2.3
-.6
323.3
2.5
-1.8
324.7
2.7
-5.1
-3.1
.5
350.8
-1.5
1.0
359.9
15
.5
365.8
-3.7
.3
349.5
-5.7
.2
328.1
-5.7
.4
332.4
7 Imports of goods and services, BPA's
351.5
8 Less: Payments of income on U.S. Gov- 18.2
ernment liabilities.
3.4
9
Gold, BPA's
0
10
Capital gains net of losses in
direct investment income payments.
1
11
0
Statistical differences
12
Other items
.3
13 Plus: Gold, NIPA's
14 Equals: Imports of goods and services, 330.3
NIPA's.
348.5
17.9
350.2
17.4
367.1
18.9
340.1
18.8
330.6
17.6
3.0
-.7
2.6
-.8
3.9
-.1
4.1
1.5
2.3
.7
GNP
Command, GNP basis
National income
Command, national income basis
-.1
.3
2.5
-2.9
29
Addendum:
Terms of trade 2
.2
328.6
.1
330.9
.6
342.5
.4
319.1
0
312.8
-16.8
-5.9
1 Exports of goods and services, BPA's
2 Less: Gold, BPA's
3
Capital gains net of losses in
direct investment income receipts.
4
Statistical differences l
5
Other items
6 Equals: Exports of goods and services,
NIPA's.
15 Balance on goods and services, BPA's
(1-7).
Less: Gold (2-9+13)
17
Capital gains net of losses in
direct investment income (3-10).
18
Statistical differences (4-11)
19
Other items (5-12)
20 Plus: Payments of income on U.S. Government liabilities (8).
21 Equals: Net exports of goods and services, NIPA's (6-14).
II
III
IV
I
GNP
Gross domestic purchases
Net exports of goods and services
National income..
.
...
1,476.9
1,445.0
31.8
1,167.8
1,470.7
1,433.8
36.9
1,168.5
1,478.4
1,442.6
35.7
1,170.1
1,481.1
1,453.7
27.5
1,170.4
1,477.2
1,449.9
27.2
1,160.9
1,486.7
1,462.0
24.7
1,173.2
Command, GNP basis
Gross domestic purchases
Net exports of goods and services 1
Command, National income basis
1,452.2
1,445.0
7.2
1,146.0
1,444.7
1,433.8
10.9
1,145.4
1,455.1
1,442.6
12.5
1,149.5
1,456.1
1,453.7
2.4
1,148.2
1,453.1
1,449.9
3.2
1,139.7
1,469.2
1,462.0
7.1
1,157.6
Percent change from preceding period
-19.4
-3.2
10.5
12.9
-1.1
-1.8
-1.1
-1.3
-1.0
-2.2
1.0
-.5
1.1
-3.3
.4
-5.8
-3.1
.5
18.2
-1.4
1.0
17.9
18
.5
17.4
63
.3
18.9
-2.8
.2
18.8
-2.8
.4
17.6
20.5
31.3
34.9
6.9
9.1
19.6
1. Consists of statistical revisions in the BPA's that have not yet been incorporated in the
NIPA's.
NOTE.—Lines from the balance of payments accounts are revised and are as shown later in
the Survey.
1983
1982
I
17
-1.2
-2.7
-2.2
-5.1
-4.6
68
-6.2
2.1
2.9
.6
1.5
.7
.3
.1
-.5
-1.1
-.8
32
-2.9
2.6
4.5
4.3
6.4
83.4
82.9
85.0
83.0
82.7
87.4
1. Equals current-dollar net exports of goods and services deflated by the implicit price
deflator for imports of goods and services.
2. Equals the ratio of the implicit price deflator for exports of goods and services to the
implicit price deflator for imports of goods and services.
By J. STEVEN LANDEFELD and EUGENE P. SESKIN
Plant and Equipment Expenditures,
the Four Quarters of 1983
lONFARM business in the United
Nc
States plans to spend $305.5 billion
for new plant and equipment in 1983,
3.4 percent less than in 1982, according to the BEA quarterly survey conducted in late April and May (tables 1
and 7, and chart 4). Spending totaled
$316.4 billion in 1982, 1.6 percent less
than in 1981.
Table 1.—Expenditures for New Plant and
Equipment by U.S. Nonfarm Business: Per-
cent Change From Preceding Year
Total nonfarm
business
Manufacturing
Durable goods
Primary metals1...
Blast furnaces,
steel works
Nonferrous
metals
Fabricated
metals
Electrical
machinery
Machinery,
except
electrical
Transportation
equipment l
Motor vehicles...
Aircraft
Stone, clay, and
glass
Other durables
Nondurable goods....
Food including
beverage
Textiles
Paper
Chemicals
Petroleum
Rubber
Other
nondurables
Nonmanufacturing
1982
Actual
Actual
8.7
-1.6
-1.7
9.5
-5.6
-3.2
-5.8
5.0
-8.7
-3.9
-8.0
5.3
-8.1
-20.2
-16.1
-3.8
-3.4
-26.2
-17.4
-12.2
-10.6
.2
-12.4
-9.7
-17.5
7.5
2.9
3.3
.6
14.1
-2.6
1.8
-3.1
1.3
11.3
-8.5
-17.6
-21.5
-6.0
-3.9
1.6
-8.1
-11.3
-5.3
-15.3
-17.7
11.8
-17.0
-10.0
-6.7
-5.6
-4.8
-13.1
14.1
-2.6
-2.4
-3.8
11.2
-3.9
-5.8
-14.6
-11 1
-2.4
-3.6
-1.3
-10.5
-1.2
10
-7.9
-8.3
-13
8.0
28.4
.5
20
3.2
-3.4
7.4
0
2.9
8.3
1.1
-.9
-2.0
0
-14.3
-.3
-.3
-5.1
4.6
8.3
5.8
-8.4
-.8
3.3
3.2
-9.1
8.0
2.8
1.9
24.8
Communication
and other
9.7
May
-21.7
Mining
Trade and services ...
Jan.Feb.
11.3
Transportation
Railroad .
Air
Other
Public utilities
Electric
Gas and other
1983 Planned as
reported by
business in:
1981
-7.9
-4.0
-15.3
-4.8
9.3
-2.3
18.1
12.3
-1.2
-7.5
5.6
.7
11.0
-1.5
1. Includes industries not shown separately.
-.9
1.0
-1.7
7.7
1.3
-9.6
-9.6
-13.0
-5.9
-.9
1.3
-9.3
.2
-1.2
The latest estimate of planned
spending for 1983 is $5.4 billion lower
than that reported in the survey conducted in late January and February
and released in March. That survey
showed planned spending of $310.9
billion for 1983, 1.7 percent less than
1982 spending. Both manufacturing
and nonmanufacturing industries
have revised spending plans down.1
Real spending is estimated to decline 3.1 percent in 1983 if currentdollar spending plans are realized
(table 2). Real spending declined 5.5
percent in 1982. The estimates of
actual and planned real spending are
computed from survey data on current-dollar spending and BEA estimates of the implicit price deflator
for capital goods.2 The latest estimates of the deflator indicate that
capital goods prices will decline 0.4
percent in 1983; they increased 4.1
percent in 1982.
Current-dollar spending in the first
quarter of 1983 declined 3.2 percent
from the fourth quarter of 1982, to an
annual rate of $293.0 billion, following a 4.1-percent decline in the fourth
quarter; first-quarter spending was
3.1 percent lower than planned spending reported 3 months ago. Plans indicate a 3.1-percent increase in the
second quarter, a 1.5-percent increase
in the third, and a 4.3-percent increase in the fourth.
In real terms, spending declined 1.9
percent in the first quarter of 1983,
following a 4.1-percent decline in the
fourth quarter of 1982. Estimates indicate a 2.6-percent increase in the
second quarter, a 1.7-percent increase
in the third, and a 4.5-percent increase in the fourth.
Other highlights of the survey are:
• The rate of capacity utilization in
manufacturing increased 2.3 percentage points from December
1982 to March 1983, to 69.8 percent (table 3 and chart 5). The increase from December to March
reverses a 10.8-percentage point
decline in the utilization rate—
••••••••••••I CHART 4
Changes in Business Investment
Percent
-16
TOTAL NONFARM
BUSINESS
-8
16
0
1983 Planned
i9S2 Actual
Electric Utilities
Trade and Services
Communication and
Other
Nondurable Goods
Manufacturing
1. Spending plans have been adjusted for systematic
biases in reporting. The adjustments were made for
each industry for each quarter of the year by taking
the median deviation between planned and actual
spending for that quarter in the preceding 8 years.
Before adjustment, planned spending for 1983 was
$301.55 billion for total nonfarm business, $116.61 billion for manufacturing and $184.94 billion for nonmanufacturing. The net effect of the adjustments was
to lower manufacturing $3.81 billion and to raise nonmanufacturing $7.80 billion.
2. Specifically, the current-dollar figures reported by
survey respondents are adjusted using implicit price
deflators for each industry prepared by BEA based on
unpublished data in the national income and product
accounts. To estimate planned real spending, the implicit price deflators for each industry are extrapolated using the average rate of change during the latest
four quarters for which they are available.
Other Transportation
Durable Goods
Manufacturing
Gas and Other
Utilities
Railroad
Transportation
Air Transportation
Mining
U.S. Department of Commerce, Bureau of Economic Analysis
19
20
SURVEY OF CURRENT BUSINESS
Table 2.—Expenditures for New Plant and
Equipment by U.S. Nonfarm Business in
Constant (1972) Dollars: Percent Change
From Preceding Year
1982
Actual
0.2
-5.5
-3.8
-3.1
1.2
-8.7
-4.3
-4.3
-.7
-10.1
-4.8
-6.5
3.5
-7.2
-3.7
-2.0
-.4
-3.5
-3.6
-2.3
-148
-4.1
3.0
2.3
-10.6
-4.7
-5.8
-10.2
-1.3
-.1
-2.0
-1.9
.2
-8.6
-5.9
Total nonfarm
business
Manufacturing
Durable goods ...
Nondurable
goods
Nonmanufacturing
Mining
Transportation ..
Public utilities ..
Trade and
services
Communication and
other .
19 33
1981
Actual
56
-7.5
-1.4
Planned *
Planned 2
-.5
-4.6
1. Calculated from constant-dollar estimates based on current-dollar spending plans reported in January and February
1983.
2. Calculated from constant-dollar estimates based on current-dollar spending plans reported in April and May 1983.
••
Manufacturers' Cai
Rates by Major li
from 78.3 percent in June 1981 to
67.5 percent in December 1982.
The value of new investment
projects started by manufacturers
during the first quarter of 1983
was about the same as in the
fourth quarter of 1982, $23.4 billion; starts by public utilities declined in the first quarter to $2.1
billion, compared with $4.6 billion
in the fourth quarter (table 4).
Current-dollar spending for new
plant declined 1.4 percent in the
first quarter; spending for new
equipment declined 4.5 percent
(table 5). In real terms, plant
spending declined 0.1 percent and
equipment, 2.9 percent.
Spending plans reported in the
latest survey—declining from 1982 to
1983, but beginning to increase in the
second quarter of 1983—are consistent with the lag in response of plant
and equipment spending to improvement in the general economy.
Troughs in real plant and equipment
expenditures have usually lagged
behind troughs in real GNP by two
quarters. The quarterly pattern of
plans is also consistent with other indicators of future investment activity,
which are beginning to show improvement. Of those reported in the BEA
survey, capacity utilization is up—although the current rate still indicates
considerable excess capacity—and
manufacturers' facility needs are up.
Other indicators include the firstquarter increases in real final sales,
corporate cash flow, and net new capital appropriations in manufacturing.
In addition, nominal long-term interests rates continued to decline in the
first quarter, but remain high.
CHART 5
Utilization
Table 3.—Manufacturers' Capacity Utilization Rates: Operating Rates and Ratios of Operating to
Preferred Rates 1
[Seasonally adjusted]
Percent
90
Ratios of operating to preferred rates
Operating rates (percent)
ALL MANUFACTURERS
1982
Industry and asset size
Mar.
80
All manufacturing..
Asset size:
$100.0 million and over
$10.0 to $99.9 million
Under $10.0 million
70
Durable goods 2
Asset size:
$100.0 million and over
$10.0 to $99.9 million
Under $10.0 million
60
90
June 1983
Nondurable Goods
Primary metals
Electrical machinery
Machinery, except electrical
Transportation
equipment 3
Motor vehicles
Aircraft
Stone, clay, and glass
80
Nondurable goods 4
70
60 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
90
Primary- Processed
80
June
1982
1983
Sept.
Dec.
Mar.
Mar.
June
1983
Sept.
Dec.
Mar.
0.72
0.75
.74
.76
.73
.71
.76
.73
.74
.78
.74
.72
.69
.67
.71
.75
.74
.74
.73
.71
.69
.69
.69
.68
.67
.68
.68
.70
.70
.71
53.1
70.5
.66
.81
.56
.80
.52
.78
.49
.78
.58
.77
75.8
75.3
.90
.86
.83
.80
.79
58.6
55.6
66.6
61.9
62.8
63.4
65.7
67.5
.66
.60
.77
.74
.69
.66
.76
.68
.63
.57
.75
.70
.60
.55
.72
.69
.64
.62
.71
.73
72.2
71.2
69.1
67.5
69.8
0.78
0.76
72.7
73.5
69.5
71.7
72.2
69.4
69.6
70.2
66.8
66.8
70.4
67.2
69.9
72.3
67.3
.78
.80
.77
.76
.78
.75
69.8
67.6
65.2
63.4
66.3
.74
70.6
67.9
67.9
69.0
65.6
63.5
65.9
63.5
63.6
63.7
62.7
62.7
66.7
65.2
65.4
60.8
73.3
51.9
72.1
48.3
71.0
44.6
70.8
85.4
81.9
78.7
64.4
60.6
70.9
68.4
67.7
67.1
69.6
62.5
62.0
57.9
69.4
64.3
0.74
75.2
76.0
74.2
72.8
74.3
.82
.82
.81
.79
.81
Asset size:
$100.0 million and over
$10.0 to $99.9 million
Under $10.0 million
76.2
78.5
70.9
76.0
78.0
74.8
75.5
76.2
69.7
71.9
77.2
71.2
75.1
78.6
69.0
.83
.84
.80
.82
.84
.81
.82
.82
.78
.78
.82
.78
.81
.84
.77
Food including beverage
Textiles
Paper
Chemicals
Petroleum
Rubber
75.4
74.0
83.1
71.6
69.6
72.0
77.7
73.6
81.0
69.7
75.0
75.5
75.0
74.9
81.1
69.3
74.9
69.7
75.0
73.7
79.2
65.8
68.8
72.9
74.6
79.5
82.9
68.8
69.9
75.8
.85
.77
.91
.80
.73
.77
.85
.77
.84
-.77
.79
.81
.83
.78
.84
.77
.78
.75
.82
.78
.82
.73
.72
.78
.83
.82
.86
.76
.73
.80
Primary-processed goods 5
Advanced-processed goods 6
70.1
73.2
66.5
73.8
65.6
70.9
63.9
69.3
68.1
70.6
.75
.79
.71
.79
.70
.76
.69
.74
.73
.76
1. The survey asks manufacturers to report actual and preferred rates of capacity utilization for the last month of each
rates. See "The
Utilization rates for industry and asset-size groups are weighted averages of individual company
Siarter.
tilization of Manufacturing Capacity, 1965-73," SURVEY OF CURRENT BUSINESS, July 1974, p. 47.
70
60
1972
74
76
78
80
Seasonally Adjusted
U.S. Department of Commerce, Bureau of Economic Analysis
82
2. Also includes lumber, furniture, fabricated metals, instruments, and miscellaneous.
3. Also includes other transportation equipment.
4. Also includes tobacco, apparel, printing-publishing, and leather.
5. Consists of lumber; stone, clay, and glass; primary metals; fabricated metals; textiles; paper; chemicals (at Vfe weight);
petroleum; and rubber.
6. Consists of furniture, electrical machinery, machinery except electrical, motor vehicles, aircraft, other transportation
equipment, instruments, food including beverage, tobacco, apparel, printing-publishing, chemicals (at ¥2 weight), leather, and
miscellaneous.
June 1983
Manufacturing Programs
In manufacturing, current-dollar
spending declined slightly in the first
quarter of 1983, to an annual rate of
$109.9 billion, following a 7.8-percent
decline in the fourth quarter of 1982.
A 0.8-percent decline in nondurable
goods industries in the first quarter
offset a 0.5-percent increase in durables. Manufacturers plan a 1.0-per-
SURVEY OF CURRENT BUSINESS
21
cent increase in the second quarter, a
2.8-percent increase in the third, and
a 1.9-percent increase in the fourth.
For the year 1983, manufacturers
plan to spend $112.8 billion, 5.8 percent less than they spent in 1982;
their spending declined 5.6 percent in
1982. Durable goods industries plan
an 8.0-percent decline and nondurables a 3.8-percent decline. In durables,
the largest declines are in fabricated
metals, 17.5 percent, and iron and
steel, 17.4 percent. Smaller declines
are planned by most other durables
industries; electrical machinery plans
spending at about the same level as
last year. In nondurables, large declines in food-beverage and petroleum
are partly offset by sizable increases
in rubber and chemicals. Most other
nondurables industries plan spending
at about the same levels as last year.
Table 4.—Starts and Carryover of Plant and Equipment Projects, Manufacturing and Public Utilities
[Billions of dollars; quarters seasonally adjusted]
Carryover 2
Starts1
Manufacturing
II
III
IV
1983
19 82
1983
19 82
I
I
I
II
I
IV
III
2773
2903
25.61
2337
2335
89.37
87.47
83.21
79.05
74.94
Durable goods3
Primary metals ...
Electrical machinery
Machinery, except electrical
Transportation equipment
Stone, clay, and glass
6889
978
11 50
1595
1935
322
46 06
4 86
909
11 11
1389
1 98
10 95
1 32
223
232
3 18
34
1255
1 56
228
304
398
61
1166
1 12
260
274
353
44
1075
1 03
183
286
326
55
11 17
1 05
253
281
298
40
4012
828
602
7.74
1134
179
37.91
766
550
7.39
11 61
171
35.29
705
534
6.85
11 18
151
33.41
660
473
6.79
1097
146
31.89
598
4.57
6.60
1077
1 28
Nondurable goods 3
Food including beverage
Paper
Chemicals
Petroleum
66 29
833
6 56
1334
27 64
58 72
646
6 12
1263
2504
1677
1 52
1 84
328
7 g2
16 49
1 62
150
407
743
1394
167
1 65
262
582
12 62
171
1 09
290
4 70
12 19
l'85
1 59
268
3 68
49 26
453
660
1078
2174
49 56
425
659
1139
2221
47 92
403
670
1075
2150
45 64
383
636
1060
2001
43 05
402
644
991
1789
34 98
1577
4 30
6 02
10 09
4 58
2 15
111 70
107 37
106 62
10048
92 22
13519
..
Public utilities . ..
10478
1. Starts are estimated by adding changes in carryover to expenditures during the given period.
The unadjusted annual values do not equal the average of the seasonally adjusted quarterly estimates because seasonal factors are applied to each quarter separately.
2. Carryover refers to expenditures yet to be incurred on plant and equipment projects already
underway at the end of the period,
3. Includes industries not shown separately.
Table 5.—Expenditures for New Plant and for New Equipment by U.S. Nonfarm Business in Current and Constant Dollars
Billions of 1972 dollars 2
Billions of dollars l
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
1981
1982
1982
1983
I
II
III
IV
I
1981
1983
1982
1982
I
II
III
IV
I
321.49
133.46
188.04
316.43
134.47
181.96
327.72
139.49
188.23
323.22
137.95
185.28
315.79
135.14
180.65
302.77
127.15
175.61
293.03
125.40
167.62
159.44
53.81
105.64
150.73
51.16
99.57
157.49
53.42
104.07
152.75
52.04
100.71
149.39
51.17
98.22
143.29
48.01
95.29
140.52
47.96
92.57
126.79
40.70
86.09
119.68
39.76
79.92
128.32
42.91
85.41
123.77
42.05
81.71
119.46
39.23
80.22
110.09
36.10
73.99
109.86
36.71
73.15
60.75
15.20
45.55
55.47
13.74
41.74
59.77
15.04
44.73
56.49
14.36
42.13
54.98
13.38
41.60
50.65
12.16
38.49
51.70
12.72
38.98
Durable goods
Plant
Equipment..
61.84
16.03
45.82
56.44
14.29
42.16
60.84
16.03
44.81
59.03
15.34
43.69
57.14
14.36
42.77
50.50
12.15
38.34
50.74
12.82
37.92
31.67
6.90
24.77
28.49
5.89
22.60
30.69
6.62
24.07
29.34
6.23
23.11
28.53
5.80
22.73
25.38
4.89
20.48
25.93
5.19
20.75
Nondurable goods
Plant. . .
Equipment
64.95
24.68
40.27
63.23
25.48
37.76
67.48
26.88
40.60
64.74
26.72
38.03
62.32
24.87
37.45
59.59
23.94
35.65
59.12
23.89
35.23
29.08
8.29
20.79
26.99
7.85
19.14
29.08
8.42
20.66
27.15
8.13
19.02
26.45
7.58
18.87
25.27
7.27
18.00
25.77
7.54
18.23
194.70
92.75
101.95
196.75
94.71
102.04
199.40
96.58
102.82
199.46
95.89
103.56
196.33
95.91
100.42
192.68
91.06
101.62
183.17
88.69
94.47
98.69
38.61
60.08
95.26
37.42
57.83
97.72
38.38
59.34
96.26
37.68
58.58
94.40
37.79
56.62
92.64
35.84
56.80
88.82
35.23
53.59
16.86
10.75
6.11
15.45
9.71
5.75
17.60
11.53
6.08
16.56
10.76
5.80
14.63
8.92
5.71
13.31
7.89
5.43
12.03
7.06
4.97
5.39
2.78
2.61
4.59
2.27
2.32
5.19
2.72
2.47
4.80
2.48
2.32
4.34
2.04
2.31
4.02
1.84
2.18
3.82
1.73
2.09
12.05
3.33
8.72
11.95
3.77
8.18
11.99
3.96
8.03
12.32
4.21
8.12
11.28
3.36
7.92
12.41
3.66
8.75
11.04
3.50
7.54
5.59
1.44
4.15
5.36
1.58
3.78
5.38
1.67
3.71
5.49
1.75
3.73
5.09
1.40
3.69
5.49
1.52
3.97
4.93
1.46
3.47
38.40
25.23
13.17
41.95
27.08
14.87
40.12
25.80
14.32
41.40
26.64
14.76
43.38
28.50
14.88
42.88
27.37
15.52
41.61
27.28
14.33
17.30
10.67
6.63
17.82
10.71
7.11
17.39
10.36
7.04
17.56
10.54
7.01
18.27
11.20
7.07
18.06
10.75
7.30
17.72
10.83
6.89
86.33
39.43
46.90
86.95
39.57
47.38
87.80
39.98
47.82
88.85
39.85
49.00
87.31
40.43
46.88
84.00
38.05
45.95
82.38
37.27
45.11
47.27
17.69
29.58
46.34
16.98
29.36
47.60
17.44
30.16
47.29
17.11
30.19
46.11
17.27
28.84
44.36
16.12
28.24
43.89
15.81
28.08
41.06
14.02
27.05
40.46
14.59
25.87
41.89
15.32
26.58
40.33
14.44
25.89
39.73
14.70
25.03
40.06
14.09
25.98
36.11
13.57
22.54
23.14
6.03
17.11
21.14
5.87
15.27
22.15
6.20
15.95
21.13
5.80
15.33
20.58
5.88
14.70
20.71
5.61
15.10
18.46
5.40
13.06
Total nonfarm business
Plant
Equipment
Manufacturing
Plant ..
Equipment
Nonmanufacturing
Plant
Equipment ....
Mining
Plant
Equipment
Transportation
Plant. ..
Equipment
.
Public utilities
Plant
Equipment .
Trade and services
Plant
Equipment
. .
.
Communication and other3
Plant
Equipment
1. The unadjusted annual values do not equal the average of the seasonally adjusted currentdollar quarterly estimates because seasonal factors are applied to each quarter separately.
2. Estimates for the fourth quarter and the year 1982 are revised. The annual values equal the
average of the quarterly estimates.
3. Includes construction; social services and membership organizations; and forestry, fisheries,
and agricultural services.
22
SURVEY OF CURRENT BUSINESS
spread among the major industries.
Durables increased 2.9 percentage
points, to 66.3 percent, and nondurables increased 1.5 percentage points,
to 74.3 percent. Primary metals and
motor vehicles reported the largest increases; primary metals increased 8.5
percentage points, to 53.1 percent,
and motor vehicles increased nearly 8
points, to 63.4 percent. Textiles and
stone-clay-glass each reported increases of about 6 points, to 79.5 and
67.5 percent, respectively. Sizable increases were also reported by paper,
chemicals, and rubber. Other major
industries reported little or no change
from their December rates.
The utilization rate for primaryprocessed goods industries increased
4.2 percentage points from December
to March, to 68.1 percent; the rate for
advanced-processed goods increased
1.3 percentage points, to 70.6 percent.
The utilization rate reported by
large-sized firms increased 3.1 percentage points, to 69.9 percent.
Medium-sized firms reported a 1.9percentage point increase, to 72.3 percent; small firms reported a utilization rate of 67.3 percent, little
changed from their December rate.
Capacity utilization
Manufacturers also evaluated the
The 2.3-percentage point increase in adequacy of their facilities in light of
the manufacturing utilization rate their current and prospective sales for
from December to March was wide- the next 12 months (table 6). Compa-
Real spending by manufacturers for
the year 1983 is estimated to decline
4.3 percent from 1982, with declines
of 6.5 percent in durables and 2.0 percent in nondurables. In 1982, durables
declined 10.1 percent and nondurables, 7.2 percent.
Manufacturers started new investment projects during the first quarter
of 1983 totaling $23.4 billion, about
the same level as in the fourth quarter of 1982. Sizable increases in electrical machinery, paper, and food-beverage offset declines in petroleum,
transportation equipment, and chemicals.
The value of new projects started
by manufacturers in the first quarter
was less than their capital expenditures, resulting in a decline in carryover—the amount still to be spent
on plant and equipment projects underway. Carryover totaled $74.9 billion at the end of March, $4.1 billion
less than at the end of December. Durable goods carryover declined $1.5
billion, and nondurables declined $2.6
billion.
Table 6.—Manufacturers' Evaluation of Their Plant and Equipment Facilities1
[Percent distribution of gross depreciable assets]
19 32
1983
Mar. 31
June 30
Sept. 30
25.3
19.8
84
25.9
30.6
270
38.1
23.3
18.1
38
25.6
28.4
198
39.6
20.2
17.1
2.4
24.3
23.3
198
30.7
20.1
16.7
2.4
23.1
23.4
206
31.0
20.6
17.6
36
24.3
23.6
194
30.6
54.1
54.2
535
54.3
54.1
64.1
47.4
53.5
51.9
564
49.4
55.1
72.5
47.3
52.0
45.4
282
47.9
58.5
68.0
55.0
51.6
44.9
259
48.8
58.3
67.4
51.7
51.0
42.7
276
42.7
59.2
65.5
52.9
20.6
260
38.1
19.8
153
8.9
145
23.2
300
39.8
25.0
16.5
7.7
131
27.8
375
69.4
27.8
18.2
12.2
143
28.3
384
71.7
28.1
18.3
12.0
173
28.4
397
68.8
33.0
172
15.1
165
Dec 31
Mar. 31
More plant and equipment needed:
AH manufacturing
Durable goods 2 . .
Primary metals3
Metal products
Nondurable goods 2
Food including beverage
Chemicals and petroleum
.
About adequate:
AH manufacturing
Durable goods 2
Primary metals3
Metal products
Nondurable goods 2
Food including beverage
Chemicals and petroleum
Existing plant and equipment exceeds needs:
All manufacturing
. .
Durable goods 2
Primary metals3
Metal products
Nondurable goods 2
Food including beverage .
Chemicals and petroleum
1. According to respondent companies' characterization of their plant and equipment facilities, taking into account their
current and prospective sales for the next 12 months.
2. Includes industries not shown separately.
3. Includes machinery, transportation equipment, and fabricated metals.
June 1983
nies owning 20.6 percent of fixed
assets reported a need for more facilities as of the end of March, 0.5 percentage points more than at the end
of December. Companies owning 51.0
percent reported that facilities were
about adequate, 0.6 percentage points
less than in December; companies
owning 28.4 percent reported that
facilities exceeded needs, essentially
unchanged from December.
Nonmanufacturing Programs
In nonmanufacturing, currentdollar spending declined 4.9 percent
in the first quarter of 1983, to an
annual rate of $183.2 billion, following a 1.9-percent decline in the fourth
quarter of 1982. Railroads, air transportation,
communication,
and
mining reported the largest first-quarter declines. Nonmanufacturing firms
expect a 4.4-percent increase in spending in the second quarter, a 0.8-percent increase in the third, and a 5.7percent increase in the fourth.
For 1983, nonmanufacturing industries plan to spend $192.7 billion, 2.0
percent less than they spent in 1982;
their spending increased 1.1 percent
in 1982. The largest declines for 1983
are planned in mining, 14.3 percent;
air transportation, 13.0 percent; railroads, 9.6 percent; and gas utilities,
9.3 percent. Smaller declines are
planned in "other transportation/' 5.9
percent, and "communication and
other/' 1.2 percent. Small increases
are planned in electric utilities and in
trade and services.
Real spending by nonmanufacturers
for the year 1983 is estimated to decline 2.3 percent from 1982. The largest decline is in transportation, 10.2
percent. Smaller declines are in
mining, "communication and other/'
public utilities, and trade and services.
Starts of new investment projects
by public utilities totaled $2.1 billion
in the first quarter of 1983, compared
with $4.6 billion in the fourth quarter
of 1982. Carryover of utility projects
totaled $92.2 billion at the end of
March, $8.3 billion less than at the
end of December; the decline partly
reflects the cancellation of several
large projects.
SURVEY OF CURRENT BUSINESS
June 1983
23
Table 7.—Expenditures for New Plant and Equipment by U.S. Nonfarm Business in Current and Constant Dollars
Billions of dollars; quarters seasonally adjusted at annual rates l
1981
Total nonfarm business
1983
1982
1982
I
II
III
IV
I
II 2
III 2
IV 2
321.49
316.43
305.53
327.72
323.22
315.79
302.77
293.03
302.23
306.83
320.02
126.79
119.68
112.79
128.32
123.77
119.46
110.09
109.86
110.97
114.09
116.25
Durable goods
Primary metals 3
Blast furnaces, steel works
Nonferrous metals ..
Fabricated metals
Electrical machinery
Machinery, except electrical
Transportation equipment 3
Motor vehicles
Aircraft
Stone, clay, and4 glass
Other durables
61.84
8.12
3.17
3.46
2.96
10.31
13.22
18.39
10.08
6.43
3.14
5.69
56.44
7.46
3.47
2.71
2.59
10.62
12.89
15.16
7.92
6.04
2.61
5.13
51.95
6.26
2.87
2.43
2.14
10.68
12.49
13.44
7.50
5.11
2.48
4.46
60.84
8.92
4.13
3.16
3.00
10.79
13.34
16.39
8.64
6.48
2.73
5.67
59.03
8.70
4.13
3.05
2.69
11.22
13.55
14.87
7.49
6.21
2.77
5.22
57.14
6.95
3.39
2.52
2.42
11.03
13.15
15.81
8.04
6.53
2.53
5.25
50.50
5.90
2.63
2.24
2.35
9.73
11.68
13.89
7.64
5.13
2.42
4.54
50.74
6.67
3.01
2.53
2.11
10.77
11.99
12.70
6.56
5.15
2.32
4.18
49.64
6.16
3.06
2.18
2.09
10.35
11.91
12.64
7.14
4.77
2.35
4.14
53.34
6.16
2.83
2.56
2.20
10.89
12.17
14.54
8.01
5.79
2.51
4.87
54.09
6.04
2.58
2.43
2.16
10.72
13.88
13.89
8.30
4.74
2.76
4.64
Nondurable goods
Food including beverage....
Textiles
Paper
Chemicals
Petroleum
Rubber
Other nondurables 5
64.95
8.22
1.56
6.72
13.60
26.56
1.77
6.53
63.23
7.74
1.33
5.97
13.27
26.69
1.71
6.52
60.84
6.93
1.31
6.03
13.64
24.47
1.84
6.61
67.48
8.23
1.39
6.05
14.35
28.61
1.80
7.06
64.74
7.59
1.31
6.04
13.83
27.82
1.80
6.35
62.32
7.56
1.18
6.16
13.05
26.13
1.65
6.58
59.59
7.66
1.44
5.71
12.21
24.74
1.59
6.24
59.12
6.65
1.31
6.02
13.46
23.21
1.69
6.79
61.34
6.56
1.25
5.84
13.46
26.20
1.90
6.13
60.75
7.04
1.36
6.10
12.97
25.04
1.88
6.37
62.15
7.48
1.33
6.17
14.69
23.44
1.89
7.15
203.77
Manufacturing
..
..
Nonmanufacturing
194.70
196.75
192.73
199.40
199.46
196.33
192.68
183.17
191.25
192.74
Mining
16.86
15.45
13.24
17.60
16.56
14.63
13.31
12.03
13.69
13.54
Transportation
Railroad
Air
Other
12.05
4.24
3.81
4.00
11.95
4.38
3.93
3.64
10.80
3.96
3.42
3.42
11.99
4.56
3.20
4.23
12.32
4.73
3.54
4.06
11.28
3.94
4.11
3.24
12.41
4.31
4.85
3.25
11.04
3.35
4.09
3.60
10.65
4.00
3.25
3.40
9.94
4.09
2.68
3.17
11.58
4.41
3.66
3.51
Public utilities ..
Electric
Gas and other
38.40
29.74
8.65
41.95
33.40
8.55
41.59
33.84
7.76
40.12
30.95
9.17
41.40
32.26
9.14
43.38
34.98
8.40
42.88
35.12
7.77
41.61
33.97
7.64
42.18
34.16
8.03
40.46
32.97
7.48
42.12
34.24
7.87
Trade and services
Wholesale and retail trade
Finance, insurance, and real estate
Personal business and professional services
86.33
22.43
34.36
29.54
86.95
22.19
34.54
30.22
87.13
87.80
21.38
35.78
30.63
88.85
22.11
34.73
32.01
87.31
22.40
34.49
30.42
84.00
22.75
33.34
27.91
82.38
23.25
31.85
27.28
85.33
87.41
93.37
Communication and other ..
Communication
Other 6
41.06
28.89
12.17
40.46
28.34
12.11
39.97
41.89
29.04
12.85
40.33
28.23
12.10
39.73
27.94
11.79
40.06
28.24
11.82
36.11
25.02
11.09
39.40
41.39
43.00
13.70
Billions of 1972 dollars; quarters seasonally adjusted at annual rates 7
Total nonfarm business
Manufacturing
159.44
150.73
146.12
157.49
152.75
149.39
143.29
140.52
144.22
146.60
153.14
60.75
55.47
53.08
59.77
56.49
54.98
50.65
51.70
51.87
53.70
55.07
27.36
27.85
Durable goods
Primary metals 3
Blast furnaces, steel works
Nonferrous metals
Fabricated metals
Electrical machinery
Machinery, except electrical
Transportation equipment 3
Motor vehicles
Aircraft
Stone, clay, and4 glass
Other durables
31.67
3.81
1.44
1.63
1.48
5.71
7.04
9.22
4.93
3.35
1.50
2.91
28.49
3.45
1.60
1.23
1.27
5.76
6.80
7.43
3.79
3.07
1.19
2.59
26.64
30.69
4.11
1.88
1.44
1.47
5.87
7.05
8.07
4.16
3.30
1.26
2.86
29.34
3.92
1.84
1.35
1.30
6.04
7.07
7.18
3.54
3.09
1.25
2.58
28.53
3.12
1.50
1.11
1.17
5.90
6.89
7.66
3.81
3.26
1.15
2.64
25.38
2.65
1.16
1.00
1.14
5.22
6.18
6.80
3.65
2.61
1.11
2.27
25.93
3.04
1.34
1.15
1.04
5.84
6.48
6.36
3.19
2.69
1.07
2.11
25.41
Nondurable goods
Food including beverage
Textiles
Paper
Chemicals
Petroleum ....
Rubber
Other nondurables5
29.08
4.06
.75
3.37
6.65
9.98
.88
3.39
26.99
3.70
.62
2.90
6.30
9.32
.83
3.32
26.45
29.08
3.97
.65
2.96
6.83
10.18
.88
3.61
27.15
3.60
.60
2.91
6.44
9.54
.86
3.19
26.45
3.59
.55
2.98
6.19
9.03
.80
3.32
25.27
3.65
.66
2.75
5.74
8.52
.77
3.18
25.77
3.18
.61
2.93
6.39
8.33
.83
3.50
26.46
26.34
27.23
98.69
95.26
93.04
97.72
96.26
94.40
92.64
88.82
92.35
92.91
98.07
5.39
4.59
4.32
5.19
4.80
4.34
4.02
3.82
4.42
4.46
4.59
5.59
5.36
4.82
5.38
5.49
5.09
5.49
4.93
4.75
4.43
5.16
Public utilities .
Electric
Gas and other
17.30
17.82
17.59
17.39
17.56
18.27
18.06
17.72
17.89
17.08
17.70
Trade and services
Wholesale and retail trade
Finance insurance and real estate
Personal, business, and professional services
47.27
11.64
19.48
16.15
46.34
11.19
19.09
16.06
46.12
47.60
10.91
20.05
16.63
47.29
11.14
19.21
16.94
46.11
11.27
18.90
15.94
44.36
11.42
18.22
14.73
43.89
11.76
17.64
14.49
45.28
46.16
49.16
Communication and other
Communication
Other 6
23.14
17.70
5.44
21.14
15.89
5.25
20.18
22.15
16.57
5.58
21.13
15.90
5.22
20.58
15.47
5.11
20.71
15.61
5.10
18.46
13.64
4.82
20.01
20.79
21.46
Nonmanufacturing
Mining
..
Transportation
Railroad
Air
Other
1. Seasonal factors are applied to each quarter separately. The average of the seasonally adjusted current-dollar quarterly estimates is not forced to equal the unadjusted annual values for 1981
and 1982. The annual values for 1983 equal the average of the seasonally adjusted current-dollar
quarterly estimates.
2. Estimates are based on planned capital expenditures reported by business in late April and
May 1983. The planned expenditures are adjusted for systematic biases in reporting. The adjustment procedures are described in the October 1980 SURVEY. Before bias adjustment, currentdollar plans for 1983 were $301.55 billion for total nonfarm business, $116.61 billion for manufacturing, and $184.94 billion for nonmanufacturing.
3. Includes industries not shown separately.
4. Consists of lumber, furniture, instruments, and miscellaneous.
5. Consists of apparel, tobacco, leather, and printing-publishing.
6. Consists of construction; social services and membership organizations; and forestry, fisheries, and agricultural services.
7. Procedures for preparing constant-dollar estimates are described in the September 1981
SURVEY. Constant-dollar estimates for the fourth quarter have been revised to reflect new price
deflators based on revisions in the national income and product account data. To estimate real
spending plans, BEA adjusts the survey results for assumed price changes. The annual values
equal the average of the quarterly estimates.
By WILLIAM J. RUSSO, JR. and GARY L. RUTLEDGE
Plant and Equipment Expenditures by Business for Pollution
Abatement, 1982 and Planned 1983
2
. NONFARM business spent (table 2). The 1982 increase was the
$8.5 billion in 1982 for new plant and smallest since 1976. Based on inforequipment to abate air and water pol- mation available in mid-1983, prices
lution and to dispose of solid waste, are likely to increase less in 1983
down from $8.9 billion in 1981 (table than in 1982; assuming price inI).1 These estimates are based on a creases in the range of 2 to 5 percent,
survey conducted in November and real PA plant and equipment spendDecember 1982 by BEA. The 4.9-per- ing will decrease 4.7 to 7.2 percent in
cent decrease in 1982 followed a 2.9- 1983.
Real spending for PA plant and
percent decrease in 1981 (chart 6).
Plans indicate that spending in 1983 equipment decreased 11.0 percent in
will decrease 2.7 percent to $8.3 bil- 1982, compared with a 12.1-percent
decrease in 1981. Decreases for air,
lion.
Preliminary estimates indicate that water, and solid waste PA were 12.9
prices, as measured by the implicit percent, 6.3 percent, and 15.0 percent,
price deflator for pollution abatement respectively. After reaching a peak of
(PA) plant and equipment, increased $5.2 billion in 1975, real spending for
6.7 percent in 1982, compared with a PA plant and equipment decreased
revised 10.6-percent increase in 1981 each year, except for 1979.
1. Pollution abatement (PA) is the reduction or
elimination of emissions of pollutants that is brought
about by human activity directed to that purpose. Disposal of solid waste refers to the collection and disposal of solid waste by means acceptable to Federal,
State, and local authorities. Part of expenditures for
disposal of solid waste is not for PA, but presenting
only the PA portion is not feasible at the level of
detail in this article. For further discussion of pollution abatement and solid waste disposal, see John E.
Cremeans, "Conceptual and Statistical Issues in Developing Environmental Measures—Recent U.S. Experience," Review of Income and Wealth, ser. 23 (June
1977): 97-115, and Gary L. Rutledge and Susan L. Trevathan, "Pollution Abatement and Control Expenditures, 1972-79," SURVEY OF CURRENT BUSINESS 61
(March 1981): 19-27.
The survey results are universe estimates for U.S.
nonfarm business of PA plant and equipment expenditures, excluding expenditures for emission abatement
devices on cars and trucks. The estimates are based on
sample data from companies, each of which is assigned to a single industry corresponding to the industry classification of the company's principal product.
For a brief description of survey methodology, see
Technical Note 1 in Gary L. Rutledge and Betsy D.
O'Connor, "Plant and Equipment Expenditures by
Business for Pollution Abatement, 1973-80, and
Planned 1981," SURVEY 61 (June 1981): 19-25, 30, and
72.
Expenditures by business for emission abatement
devices on cars and trucks were $2.9 billion in 1981.
For earlier estimates of these expenditures, see Gary
L. Rutledge and Susan L. Trevathan, "Pollution
Abatement and Control Expenditures, 1972-81,"
SURVEY 63 (February 1983): 15-23.
24
search and development on specific
processes. Spending on both methods
increased steadily until 1980. End-ofline spending decreased in 1981 and
1982
while changes-in-productionprocess spending increased (table 3).
Spending for air PA plant and
equipment decreased 5.6 percent (to
$4.7 billion) in 1982, the largest decrease since the series began. This decrease followed a 2.0-percent decrease
in 1981. The only other decreases occurred in 1976 (5.2 percent) and 1977
(0.3 percent). Business plans indicate
a further decrease of 13.4 percent this
year. After adjustment for price
change, spending for air PA plant and
equipment decreased 12.9 percent in
1982, to a level one-third below its
1975 peak.
Spending patterns
Air and water pollution abatement
is achieved by either end-of-line methods or by changes-in-production-process methods. End-of-line methods
treat pollutants after they are generated;
changes-in-production-process
methods are preventive, reducing the
generation of pollutants and the need
for treatment. End-of-line spending
accounted for over three-fourths of air
and water PA plant and equipment
spending in 1982. This spending responds faster to changes in environmental-regulatory
conditions and
more general economic conditions affecting investment than changes-inproduction-process spending, which
often must await completion of re-
2. Price indexes generally applicable to (although
not specific to) PA plant and equipment are used to
derive the implicit price deflator. The implicit price
deflator for 1982 is based on preliminary estimates for
these indexes. Year-to-year changes in the PA implicit
price deflators reflect changes in prices and in the
composition of pollution abatement capital. Past
changes have primarily reflected price changes; shifts
in composition have had little effect.
CHART 6
Percent Change in New Plant and
Equipment Expenditures for Pollution
Abatement
-5
81
1974 75
* Planned
U.S. Department of Commerce, Bureau of Economic Analysis
82
83
June 1983
SURVEY OF CURRENT BUSINESS
25
Table 1.—New Plant and Equipment Expenditures by U.S. Nonfarm Business: Total and for Pollution Abatement
[Billions of dollars]
1981
Total l
Total
Total nonfarm business
Air
Water
321.49
8.93
4.97
3.04
126.79
5.42
2.69
2.10
61.84
1.97
1.09
.70
8.12
3.17
3.46
.78
.49
.23
.54
.33
.16
.19
.13
.05
2.96
10.31
13.22
18.39
10.08
6.43
.07
.18
.15
.46
.35
.10
.02
.08
.05
.20
.16
.03
3.14
5.69
.16
.16
64.95
8.22
1.56
6.72
13.60
26.56
1.77
6.53
Nonmanufacturing
Mining
Transportation
Railroad
Air
Other
Manufacturing. .
Durable goods.. .
Primary metals 2 .. .
Blast furnaces, steel works .. .
Nonferrous metals
Fabricated metals
Electrical machinery
Machinery, except electrical
Transportation equipment 2
Motor vehicles
Aircraft
Stone, clay, and glass
Other durables 3
Nondurable goods
Food including beverage
Textiles
Paper
Chemicals . . . .
Petroleum
Rubber
Other nondurables 4
.
Public utilities
Electric
Gas and other
Trade and services
Communication and other 5
Pollution abatement
Pollution abatement
Solid
waste
Total l
Total
Air
Water
Solid
waste
Total 1
Total
Air
Water
Solid
waste
0.86
0.92
316.43
8.49
4.69
2.98
0.82
310.92
8.26
4.06
3.34
.63
119.68
4.72
2.28
1.94
.51
115.90
4.63
1.83
2.25
.56
.18
56.44
1.76
.92
.69
.14
54.22
1.63
.80
.68
.16
.05
.02
.03
7.46
3.47
2.71
.76
.41
.30
.45
.21
.20
.27
.19
.08
.03
.01
.02
5.95
2.56
2.38
.58
.26
.28
.32
.13
.17
.22
.12
.10
.04
.01
.02
.04
.07
.09
.21
.16
.05
(*)
.02
.01
.06
.04
.02
2.59
10.62
12.89
15.16
7.92
6.04
.04
.15
.18
.40
.32
.08
.02
.06
.08
.21
.18
.03
.02
.08
.08
.16
.12
.04
(*)
.02
.03
.03
.02
.01
2.34
10.97
13.12
14.56
8.05
5.55
.03
.14
.20
.48
.39
.09
.01
.05
.08
.22
.19
.03
.01
.08
.08
.22
.18
.04
(*)
.01
.03
.05
.02
.02
.12
.07
.03
.07
.01
.02
2.61
5.13
.08
.15
.05
.07
.01
.07
.02
.02
2.43
4.84
.09
.12
.06
.05
.02
.06
.01
.01
3.46
1.60
1.40
.45
63.23
2.96
1.36
1.25
.36
61.69
3.00
1.03
.30
.05
.38
.88
1.76
.04
.04
.13
.03
.16
.38
.88
.02
.02
.14
.02
.12
.36
.74
.02
.01
.04
(*)
.11
.14
.14
.01
.01
7.74
1.33
5.97
13.27
26.69
1.71
6.52
.38
.03
.30
.67
1.50
.04
.04
.17
.01
.15
.32
.67
.02
.02
.16
.02
.09
.27
.67
.01
.01
.04
(*)
.06
.07
.16
.01
.01
7.46
1.31
6.09
13.69
24.57
1.84
6.71
.33
.03
.43
.54
1.59
.03
.05
.14
.01
.17
.21
.46
.01
.02
194.70
3.51
2.28
.94
.29
196.75
3.77
2.41
1.04
.32
195.02
3.63
2.23
16.86
12.05
4.24
3.81
4.00
.46
.09
.04
.01
.05
.18
.04
.02
.01
.02
.18
.04
.02
(*)
.02
.10
.01
(*)
(*)
(*)
15.45
11.95
4.38
3.93
3.64
.52
.14
.08
.01
.05
.21
.08
.05
.01
.03
.20
.05
.03
.00
.02
.11
.01
(*)
(*)
.01
15.46
11.00
4.21
3.33
3.46
.63
.12
.08
(*)
.04
.30
.06
.04
(*)
.01
.26
.05
.03
.00
.02
.08
.01
.01
(*)
(*)
38.40
29.74
8.65
86.33
41.06
2.80
2.71
.09
.11
.03
1.98
1.91
.06
.05
.02
.67
.65
.03
.04
.01
.15
.15
(*)
.03
(*)
41.95
33.40
8.55
86.95
40.46
3.00
2.89
.11
.09
.02
2.07
2.01
.06
.04
.01
.77
.73
.05
.02
.01
.15
.15
.01
.03
(*)
41.00
33.09
7.91
87.78
39.78
2.76
2.65
.11
.09
.02
1.83
1.76
.07
.03
.01
.76
.72
.04
.02
O
.17
.17
(*)
.04
(*)
"Less than $5 million.
1. Consists of final estimates taken from the quarterly surveys of total new plant and equipment and, for 1983, plans based on the survey taken in late January and February 1983.
2. Includes industries not shown separately.
Although business planned to increase water PA plant and equipment
spending 12.8 percent for 1982, actual
spending decreased 2.0 percent. Business again plans a substantial increase (12.1 percent) for 1983. After
adjustment for price change, spending
for water PA plant and equipment decreased 12.9 percent in 1982; it too is
about one-third below its 1976 peak.
Real spending has decreased each
year since 1976.
Business spending for solid waste
disposal plant and equipment decreased 10.9 percent in 1982, after increasing substantially each year since
1975. Plans indicate an increase of 4.9
percent in 1983. After adjustment for
price change, spending for solid waste
disposal plant and equipment decreased 15.0 percent in 1982. Despite
the decrease, real spending in 1982
was above that in 1975.
In 1982, business allocated 2.7 percent of total plant and equipment
Planned 1983
1982
Pollution abatement
1.57
.40
.04
(*)
.09
.06
.18
.01
.01
.15
.02
.16
.26
.95
.01
.02
1.10
.30
3. Consists of lumber, furniture, instruments, and miscellaneous.
4. Consists of apparel, tobacco, leather, and printing-publishing.
5. Consists of communication; construction; social services and membership organizations; and
forestry, fisheries, and agricultural services.
spending to PA, compared with 2.8
percent in 1981. If business spending
for motor vehicle emission abatement
devices is added to PA plant and
equipment spending, the allocation is
3.6 percent in 1982 and 3.7 percent in
1981.
Industry detail.—Manufacturing industries decreased spending for PA
plant and equipment 12.9 percent in
1982 and plan a further decrease of
1.9 percent in 1983 (table 4). They accounted for 55.6 percent of total PA
plant and equipment spending in
Table 2.—New Plant and Equipment Expenditures for Pollution Abatement in Current and
Constant Dollars with Implicit Price Deflators
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
Billions of dollars
Total
Air
Water .
Solid waste
4.92
2.92
1.69
.31
5.70
3.37
1.93
.40
6.97
4.02
2.56
.39
7.23
3.81
2.97
.45
7.34
3.80
3.04
.50
7.58
3.91
3.11
.56
8.42
4.50
3.21
.71
9.20
5.07
3.28
.85
8.93
4.97
3.04
.92
4.64
2.54
1.70
.41
4.08
2.25
1.42
.40
198.1
199.6
193.4
208.7
219.0
220.6
213.5
229.8
8.49
4.69
2.98
.82
Billions of constant (1972) dollars
Total
Air
Water
Solid waste
4.67
2.79
1.58
.30
4.68
2.74
1.60
.34
5.16
2.93
1.95
.29
Total
Air . .
Water
Solid waste
105.5
105.0
106.5
104.3
121.8
122.6
121.0
118.8
135.0
137.4
131.4
134.4
5.09
2.64
2.14
.32
4.83
2.46
2.05
.33
4.64
2.38
1.93
.33
4.69
2.50
1.81
.38
1
3£3
1.96
1.33
.34
Implicit price deflators, 1972=100
142.0
144.5
139.0
141.6
151.8
154.6
148.4
152.9
1. The implicit price deflators for 1982 are based on preliminary source data.
163.3
164.5
161.1
168.0
179.6
180.2
177.2
186.2
1
233.7
238.7
223.7
243.7
26
SURVEY OF CURRENT BUSINESS
June 1983
Table 3.—New Plant and Equipment Expenditures by U.S. Nonfarm Business for Air and Water Pollution Abatement by End-of-Line Methods l
[Billion of dollars]
Water
Air
Planned 1983
1982
1981
Total
Total
Water
Air
Water
Air
Total
6.40
4.03
2.37
5.86
3.58
2.28
5.68
3.13
2.55
3.85
2.17
1.68
3.13
1.58
1.54
3.09
1.33
1.76
1.35
.83
.51
1.21
.66
.56
1.15
.59
.56
Primary metals 2
Blast furnaces steel works
Nonferrous metals
.62
.44
.14
.46
.31
.11
.16
.13
.03
.59
.35
.21
.35
.17
.15
.24
.19
.06
.45
.22
.21
.26
.11
.13
.19
.11
.08
Fabricated metals
Electrical machinery
Machinery except electrical
Transportation equipment 2
Motor vehicles
Aircraft
.04
.11
.11
.23
.18
.05
.01
.06
.03
.11
.09
.02
.03
.04
.08
.12
.09
.03
.02
.11
.13
.23
.19
.03
.01
.04
.06
.12
.11
.01
.01
.06
.07
.11
.08
.02
.02
.10
.12
.31
.27
.04
.01
.04
.05
.14
.13
.02
.01
.06
.08
.16
.14
.02
.12
.11
.10
.05
.02
.05
.05
.09
.04
.04
.01
.05
.05
.10
.04
.05
.01
.05
2.50
1.34
1.17
1.91
.93
.99
1.94
.74
1.20
.18
.03
.15
.69
1.40
.03
.03
.09
.01
.09
.35
.77
.01
.02
.08
.02
.07
.33
.63
.02
.01
.15
.02
.16
.49
1.03
.03
.03
.08
.01
.10
.26
.45
.01
.01
.07
.02
.06
.23
.58
.01
.01
.12
.02
.18
.38
1.18
.02
.03
.05
.01
.11
.17
.38
.01
.01
.07
.01
.07
.21
.80
.01
.02
2.55
.34
.07
.03
(*)
.04
1.86
.17
.04
.01
(*)
.02
.69
.17
.03
.02
.00
.02
2.73
.38
.11
.07
(*)
.03
2.00
.20
.07
.04
(*)
.02
.74
.17
.04
.03
.00
.01
2.60
.51
.10
.07
(*)
.04
1.80
.28
.05
.04
(*)
.01
.80
.23
.05
.03
.00
.02
2.06
2.01
.05
.06
.02
1.61
1.58
.03
.03
.02
.46
.44
.02
.03
(*)
2.20
2.15
.05
.04
.01
1.70
1.68
.02
.02
.01
.50
.47
.03
.02
(*)
1.94
1.88
.07
.03
.01
1.44
1.41
.04
.01
.01
.50
.47
.03
.02
(*)
Total nonfarm business
Manufacturing
Durable goods
.
.
Stone, clay, and3 glass
Other durables
Nondurable goods
Food including beverage
Textiles
Paper
Chemicals
Petroleum
Rubber
Other nondurables 4
Nonmanufacturing
Mining
Transportation
Railroad
Air
Other
,
,
.
. . . .
Public utilities
Electric
Gas and other
Trade and services
Communication ahd other 5
*Less than $5 million.
1. End-of-line methods involve the separation, treatment, or reuse of pollutants after they are
generated but before they are emitted from a company's property. Changes-in-production-process
estimates for air and water pollution abatement can be derived by subtracting estimates in this
table from those in table 1.
1982, down from 60.7 percent in 1981
and from a high of 70.7 percent in
1975. Plans indicate a slight increase
to 56.1 percent in 1983. If plans are
realized, the water share of manufacturing PA plant and equipment will
exceed that for air for the second
time and the solid waste share will
reach its highest level since the series
began in 1973.
Durable goods industries decreased
spending for PA plant and equipment
10.7 percent in 1982 and plan a further decrease of 7.4 percent in 1983.
They accounted for 20.7 percent of
total PA plant and equipment spending in 1982, down from a high of 29.7
in 1973. Nondurable goods industries
decreased spending 14.5 percent in
1982 and plan an increase of 1.4 percent in 1983. They accounted for 34.9
2. Includes industries not shown separately.
3. Consists of lumber, furniture, instruments, and miscellaneous.
4. Consists of apparel, tobacco, leather, and printing-publishing.
5. Consists of communication; construction; social services and membership organizations; and
forestry, fisheries, and agricultural services.
percent of total PA plant and equipment spending in 1982, down from a
high of 43.5 percent in 1975.
Nonmanufacturing industries increased spending 7.4 percent in 1982
and plan a decrease of 3.7 percent in
1983. Their share of total PA plant
and equipment spending increased to
44.4 percent in 1982.
Of the major spenders, industries
reporting decreases for 1982 were
chemicals (23.9 percent), paper (21.1
percent), blast furnaces (16.3 percent),
and petroleum (14.8 percent). Industries reporting increases were nonferrous metals (30.4 percent) and electric
utilities (6.6 percent). Except for
paper and electric utilities, these
spending patterns in 1982 were due
more to environmental-regulatory
conditions than to more general eco-
Table 4.—New Plant and Equipment Expenditures for Pollution Abatement: Percent
Change From Preceding Year
Total nonfarm business
Manufacturing
Durable goods
Nondurable goods
Nonmanufacturing
Electric utilities
Other nonmanufacturing
Planned
1983
1981
1982
29
-1.8
-13.2
6.5
49
-12.9
-10.7
-14.5
27
-1.9
-7.4
1.4
-4.9
-39
-8.0
7.4
66
10.0
-3.7
-8.3
11.4
nomic conditions affecting investment.3 The six industries accounted
for over 70 percent of cumulative PA
plant and equipment spending from
1973 to 1982.
3. This statement assumes that changes in environmental-regulatory conditions are indicated by changes
in the proportion of plant and equipment spending allocated to pollution abatement.
By R. DAVID BELLI
U.S. Business Enterprises Acquired or Established
by Foreign Direct Investors in 1982
IjAST year, foreign direct investors
sharply reduced outlays to acquire or
establish U.S. business enterprises.
Outlays by foreign direct investors,
either directly or through their U.S.
affiliates, were $8.6 billion in 1982,
down from a record $23.2 billion in
1981 (table 1). The number of investments fell to 788 from 1,332, and total
assets of the U.S. business enterprises
acquired or established were $26.4 billion, compared with $87.7 billion.1
Comparisons of 1981 and 1982 data
should be made cautiously because
the 1982 data are preliminary and
will be revised up to reflect late reports. Although the revisions may be
sizable, they are unlikely to change
the main story of the preliminary
data, that is, that investment dropped
sharply last year. Publication of revised data for 1982, and preliminary
data for 1983, is planned for spring
1984.
For 1981, investment outlays were
revised up about 20 percent, and the
number of investments was revised
up about 50 percent, from the prelimiNOTE.—This survey was conducted under the
supervision of James L. Bomkamp, Chief,
Direct Investment in the United States Branch,
International Investment Division. Joseph F.
Cherry was project leader for editing and processing the forms. Richard Mauery designed the
computer programs for data retrieval and analysis.
1. These data are from a BEA survey that covered
(1) existing U.S. business enterprises in which foreign
investors acquired, directly or through their U.S. affiliates, at least a 10-percent ownership interest in
1982, and (2) new U.S. business enterprises established
in 1982 by foreign investors or their U.S. affilitates.
The data cover those acquired or established U.S. business enterprises that had total assets of over $1 million or that owned at least 200 acres of U.S. land. Although partial reports, primarily for identification
purposes, were required to be filed for investments not
meeting these criteria, the data from them are not included in the accompanying tables. For 1982, 1,072
partial reports were filed; total assets of the U.S. business enterprises acquired or established were $0.2 billion.
nary totals published in the June
1982 SURVEY OF CURRENT BUSINESS.
The larger revision for the number of
investments than for investment outlays reflected BEA's emphasis on the
timely filing and processing of reports
on large investments.
Several related factors contributed
to the drop in investment in 1982
from the unusually high 1981 level.
The recession in the United States
that began in mid-1981 continued
through 1982. Demand was slack in
most other developed countries last
year as well. The accompanying deterioration in corporate earnings, both
in the United States and abroad, reduced funds available for investment.
At the same time, borrowing costs remained high througout most of the
year. Uncertainty about the timing,
strength, and duration of the expected recovery further dampened expansion plans. Reasonably confident
earnings forecasts—an essential ingredient in most major acquisitions—
were especially difficult to make.
The steady increase in the foreign
currency value of the dollar that
began in late 1980 gathered strength
last year. When it peaked in the
fourth quarter of 1982, the value of
the dollar was higher than at any
time since the advent of floating exchange rates in the early 1970's. The
rapid dollar appreciation increased
the cost in foreign currency of a given
dollar amount of U.S. assets. This increase in cost for foreign investors,
coupled with weak earnings and high
borrowing costs, made investment in
U.S. businesses much less attractive
in 1982 than in 1981.
Problems of soft demand, weak
earnings, and uncertainty about the
future were particularly acute in the
petroleum industry. The worldwide
recession and the cumulative effects
of conservation, substitution, and development of new sources of supply
resulted in an oil glut in 1982. Cuts in
both production and prices lowered
the earnings of the major oil companies and the revenues of petroleum
producing countries. One consequence
was a sharp decline in outlays for petroleum-related acquistions—acquisitions in which either the acquiring
Because of space limitations, only summary data are published in this article.
A set of 12 supplementary tables containing additional detail for 1981 and 1982 on
the number of investments and investors,
investment outlays, and selected operating data of the U.S. business enterprises
acquired or established is available for
$10.00 from the Bureau of Economic
Analysis (BE-50 Research), U.S. Department of Commerce, Washington, B.C.
20230. Make check payable to BEA, U.S.
Department of Commerce.
Table 1.—Investments, Investors, and Investment Outlays
Investment outlays (millions of dollars)
Number
1979
1980
1981r
1982"
1979
1980
1981 r
1982"
*
1,568
666
902
1,659
721
938
1,332
462
870
788
271
517
15,317
13,159
2,158
12,172
8,974
3,198
23,219
18,151
5,067
8,580
5,583
2,996
Investors, total
Foreign direct investors
U.S. affiliates
1,770
1,072
698
1,833
1,188
645
1,521
979
542
855
515
340
15,317
3,440
11,876
12,172
4,129
8,043
23,219
6,158
17,060
8.580
2,985
5,595
Investments, total .
Acquisitions
Establishments
r
p
Revised.
Preliminary.
27
28
SURVEY OF CURRENT BUSINESS
companies, or most or all of the U.S.
assets acquired, were in petroleum.
That decline accounted for a large
share of the $14.6 billion year-to-year
reduction in total outlays. In 1981, 7
of the 10 largest acquisitions were petroleum related; together, they accounted for $9.3 billion of total outlays. In 1982, in contrast, only 2 of
the 10 largest acquistions were petroleum related; together, they accounted for only about $0.3 billion of total
outlays.
The next section of this article discusses investment transactions by industry and by country; information
from outside sources, mainly press reports, is used to supplement BEA's
survey data. The following section
presents selected data on the operations of the U.S. business enterprises
acquired or established, and the last
section discusses new data on State
and local investment incentives.
Investment Transactions
Of the $8,6 billion of total outlays
in 1982, $5.6 billion was for acquiring
existing U.S. businesses and $3.0 billion was for establishing new U.S.
businesses. About two-thirds of the
outlays—$5.6 billion—were by U.S. affiliates of foreign direct investors
rather than by the foreign direct investors themselves.
Industry
By industry of U.S. business enterprise acquired or established, the largest outlays—$2.3 billion—were in real
estate (table 2). As in past years, most
of the investments were for small parcels of land; the median outlay for the
347 real estate investments was $2
million. Among the largest investments were purchases of several shopping centers and office buildings in
Hawaii by a joint venture of Japanese
investors and a U.S. insurance company; two office buildings in New York
City, one by Swiss, and the other by
Japanese, investors; an office building
in Denver by a joint venture of a foreign-owned petroleum company and
another U.S. insurance company; and
an office building in Los Angeles by a
British bank.2
Both total outlays and the number
of investments in real estate were
down significantly from the revised
1981 totals of $3.7 billion and 680 investments. (Note, however, that in the
past preliminary data for real estate
have been subject to higher-than-average upward revision.) Investors were
undoubtedly deterred by the U.S. recession, the increased cost of investment due to a stronger U.S. dollar,
and slow appreciation in U.S. real
estate values. Also, the rapid runup
in U.S. equity prices that began just
after midyear may have induced some
small investors to invest in the stock
market rather than in real estate.
Outlays in manufacturing were $1.9
billion, by far the lowest total in the 4
years in which the BEA survey of acquistions and establishments has been
conducted. (Outlays in 1979, 1980, and
1981 were $4.2 billion, $3.6 billion,
and $8.1 billion, respectively.)
Within manufacturing, outlays
were highest, at $0.8 billion, in nonelectrical machinery. Three acquistions accounted for most of the total.
The largest was the acquisition of a
U.S. machine tool maker by the U.S.
affiliate of a Canadian steel and industrial products manufacturer. The
Canadian company, which had been
gradually expanding its U.S. operations through acquisitions over the
past decade, had been seeking to acquire a machine tool manufacturer
for several years. The two other large
acquisitions were of a firm specializing in computer-aided design systems
by a company headquartered in the
Netherlands Antilles, and of a majority interest in a manufacturer of photocomposition equipment by the U.S.
affiliate of a German conglomerate.
In food and kindred products, outlays were $0.3 billion. Two of the largest investments were in beverages. In
one, the U.S. affiliate of a British confectionary and beverage company acquired a fruit-juice producing subsidiary of a U.S. tobacco company. In the
other, a British distiller acquired a
U.S distiller and liquor distributor.
Another large investment in this in2. Detail in this section is by country of ultimate
beneficial owner rather than by country of foreign
parent. See following section for definitions.
June 1983
dustry, also by a British company,
was the acquisition of a U.S. supplier
of meat to fast food restaurants.
Among other large investments in
manufacturing were the acquisition of
a minority interest in a U.S. glass and
plastic manufacturer by Britain's
major glassmaker, and the establishment of a joint venture in newsprint
manufacturing by two Canadian
firms.
The single largest investment in
1982 was in retail trade. More than
one-half of the $0.7 billion in total
outlays in that industry was for the
acquisition of a Chicago-based department store chain by the U.S. affiliate
of a British tobacco company. The acquisition was part of the diversification program of the U.S. affiliate,
which already operated a chain of
U.S. department stores.
In petroleum, two investments accounted for about one-half of the $0.6
billion of total outlays. The larger was
the purchase of a Midwest-based oil
and gas exploration company by the
U.S. affiliate of a State-owned Middle
East company; the other was the acquisition of an oil refinery located in
a U.S. possession. In insurance, most
of the $0.7 billion in outlays was for
two acquisitions by Swiss insurance
companies. In "other" industries,
three acquisitions accounted for onehalf of the $0.8 billion of total outlays:
the U.S. affiliate of a Swiss chemical
company purchased a U.S. company
that provides laboratory testing services to hospitals and clinics; a group
of Hong Kong investors, through their
U.S. affiliate, acquired a parking lot
operator with locations in several Sun
Belt cities; and the U.S. affiliate of a
Middle Eastern investor acquired a
trucking company.
Country
Investment outlays can be classified
either by country of foreign parent or
by country of ultimate beneficial
owner (UBO). The foreign parent is
the first foreign person in the ownership chain of the acquired or established U.S. business enterprise; the
UBO is the person in the ownership
chain, beginning with the foreign
parent, that is not owned more than
50 percent by another person. The
country of the UBO may be the same
as that of the foreign parent, a differ-
SURVEY OF CURRENT BUSINESS
June 1983
29
Table 2.—Investment Outlays by Industry of U.S. Business Enterprise
[Millions of dollars]
1981r
1982"
Total
All industries
Agriculture and forestry....
Mining
Foreign
direct
investors
U.S.
affiliates
Acquisitions
Establishments
23,219
18,151
5,067
6,158
17,060
404
141
263
178
226
(D)
1,861
By type of investor
By type of
investment
By type of investor
By type of
investment
Total
Foreign
direct
investors
U.S.
affiliates
Acquisitions
Establishments
8,580
5,583
2,996
2,985
194
35
159
127
304
(D)
5,595
67
(D)
Petroleum
1,822
1,668
154
383
1,439
602
529
73
533
Manufacturing
8,074
7,808
266
991
7,083
1,926
1,730
196
1,481
348
(D)
(DD)
()
2,873
2,572
176
176
(D)
0
(D)
0
21
100
49
157
159
312
254
1,212
10
756
87
326
86
306
146
292
5
347
Food and kindred productsPaper and allied products....
Chemicals and allied products....
Industrial
Drugs
Other
2,957
2,572
86
300
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment....
Other
2,319
180
411
303
Wholesale trade
Motor vehicles and equipmentMetals and minerals
Farm product raw materials
Other
Retail trade
Banking
Finance, except banking
Insurance
Real estate and combined offices..
Other
1,369
2,931
2,569
82
279
20
167
386
295
1,236
130
100D
()
312
421
1,053
766
348
3,737
4,294
121
0
0
121
245
416
933
5
120
734
4,020
3,003
274
341
769
107D
()
1,969
489
249
286
80
284
660D
()
1,768
3,805
672
331
424
699
2,325
758
8
698
84
172
2
20
199
45
0
0
154
55
291
31
0
3
258
(D)
3
D
()
29
584
(D)
140
13
29
117
(D)
2,194
659
303
306
(D)
131
(D)
1,367
572
r
Revised.
p
Preliminary.
D
Suppressed to avoid disclosure of data of individual companies.
Table 3.—Investment Outlays by Country of Foreign Parent and by Country of Ultimate Beneficial Owner1
[Millions of dollars]
By country
of foreign
parent
AH countries
Developed countries
Canada
Europe
European Communites (10)
Belgium and Luxembourg
France
Germany
Italy
Netherlands
Denmark, Ireland, and Greece
United Kingdom
Other Europe
Sweden
Switzerland
Other
1981r
1982"
By country
of ultimate
beneficial
owner
By country
of ultimate
beneficial
By country
of foreign
parent
Difference
23,219
23,219
0
8,580
8,580
18,507
18,675
167
6,637
6,673
36
1,967
6,084
4,117
1,009
112
897
15,131
10,589
-4,542
5,217
5,043
-174
14,349
9,595
4,391
468
1,059
8,682
31
3,418
903
1,149
(D)
572
53
6,178
-4,754
23
435
91
24
-8,110
23
2,760
3,748
(D)
373
509
(D)
255
43
2,413
-643
-60
25
94
14
-883
19
148
782
232
261
289
994
232
329
433
212
0
68
144
826
100
1,295
100
1,081
113
468
0
486
(D)
348
415
1,138
24
2,265
Japan
607
616
10
484
Australia, New Zealand, and South Africa...
803
1,386
583
39
4,711
4,540
Latin America
Panama
Bahamas
Bermuda and British Islands, Caribbean..
Netherlands Antilles
Other
1,713
52
Other developing
Israel
Other Middle East
Other Africa, Asia, and Pacific
2,99D8
Developing countries
United States
Addendum:
OPEC
r
Revised.
Preliminary.
Suppressed to avoid disclosure of data of individual companies.
1. The foreign parent is the first foreign person in the ownership chain of the acquired or established U.S. business enterprise. The ultimate beneficial owner is that person in the ownership
p
D
Difference
199
1,37^
2,905
96
-37
1,943
765
98
27
64
421
155
-948
46
1,408
19
3
142
1,142
101
727
54
4
151
349
-681
35
1
8
-793
68
3,775
(D)
3,407
777
1
503
273
534
1
314
220
1,178
1
633
545
644
0
319
325
-135
-952
1
0
2,913
135
1,906
-171
3,302
390
354
595
241
chain of the acquired or established U.S. business enterprise, beginning with the foreign parent,
that is not owned more than 50 percent by another person. Where more than one investor participated in a given investment, each investor, and each investor's outlays, are classified by the
country of each individual foreign parent or by each individual ultimate beneficial owner.
30
SURVEY OF CURRENT BUSINESS
ent foreign country, or the United
States.3 The distributions of outlays
by country of foreign parent and by
country of UBO are compared in
table 3.
By country of UBO, over threefourths of total outlays were for investments with UBO's in developed
countries. Outlays for investments
with British UBO's were by far the
largest—$2.4 billion. Next largest outlays were for investments with Swiss,
Canadian, German, and Japanese
UBO's. Except for Switzerland, total
outlays for each developed country
were down sharply from 1981. The
largest drop in outlays, from $6.1 billion to $1.0 billion, was for Canada; it
was concentrated in petroleum-relat3. A UBO and its country could not be identified for
a few investments in both years; total outlays for
these investments were $0.1 billion in 1981 and $0.2
billion in 1982. For purposes of classification, where
the UBO could not be identified the country of the
UBO was assumed to be the same as that of the foreign parent.
June 1983
ed investments and in real estate.
Among developing countries, outlays
were largest for investments with
UBO's in the Middle East—mainly in
Kuwait, Lebanon, and Saudi Arabia—
and in the Far East—mainly in Hong
Kong.
For 1982, investments for which the
foreign parent and UBO countries differed accounted for $2.0 billion of outlays, 23 percent of the total. (The comparable figures for 1981 were $10.0
billion and 43 percent.) As in past
years, outlays for foreign parents
were much higher than those for
UBO's in the Netherlands and the
Netherlands Antilles. Primarily for
tax reasons, many UBO's in other
countries hold their U.S. investments
through companies located in the
Netherlands and the Netherlands Antilles. U.S. tax treaties with, and local
laws of, these countries permit minimization of withholding taxes on U.S.
affiliates' payments of dividends and
interest to their foreign owners.
Selected Operating Data
U.S. business enterprises acquired
or established by foreign direct investors in 1982 had total assets of $26.4
billion, less than one-third of the 1981
total (tables 4A and B).4 By industry
of the acquired or established business enterprise, assets were highest in
banking ($5.4 billion), manufacturing
($4.5 billion), and finance, except
banking ($4.3 billion).
In banking and in finance, except
banking, assets of the acquired or established business enterprises were
much higher relative to investment
outlays than in other industries. For
firms in these industries, assets in-
4. For acquired businesses, operating data are for (or
as of the end of) the fiscal year preceding the year of
acquisition; for newly established businesses, operating data are projections for (or as of the end of) the
first full year of operation.
Table 4A.—Total Assets, Sales, Net Income, Employment, and Acres of Land Owned by U.S. Business Enterprises Acquired or Established in 1981,
by Industry of U.S. Business Enterprise1
[Millions of dollars or number]
Total
assets of
all U.S.
business
enterprises
acquired
or
established
All industries
Agriculture and forestry
Mining
Petroleum
U.S. business enterprises established
U.S. business enterprises acquired
Total
assets
Sales2
Net
income
Number
of
employees
Number of
acres of
land owned
Total
assets
Sales2
Net
income
Number
of
employees
Number of
acres of
land owned
87,657
76,254
53,925
3,256
428,745
4,180,658
11,404
1,877
-87
14,072
591,981
457
157
73
-2
1,188
103,436
300
46
3
510
265,787
3,876
(D)
1,150
(D)
11,433
(D)
(D)
(D)
1
(D)
(D)
2,942
2,643
4,506
-5
2,936
( )
299
27
-18
300
(D)
D
29,754
29,313
35,529
2,505
301,782
2,738,188
441
807
-37
6,066
2,449
Food and kindred products
Paper and allied products
529
(D)
464
(D)
1,020
(D)
14
(D)
11,209
(D)
2,265
(D)
65
0
(D)
0
(D)
0
291
0
(D)
0
Chemicals and allied products
Industrial
Drugs
Other
(D)
(D)
89
311
(D)
(DD)
( )
283
(D)
(D)
83
352
(DD)
( )
9
18
(D)
(D)
1,183
3,408
(DD)
( )
69
(D)
38
(DD)
( )
28
43
(*)
(DD)
( )
-7
(*)
-4
-3
382
0
(DD)
( )
(D)
(DD)
(D )
( )
(D)
226
1,428
392
1,945
(D)
205
1,381
370
1,735
4,218
433
1,873
561
2,348
(D)
5
191
-29
-25
43,251
6,248
29,292
14,237
33,065
(D)
732
(D)
116
26,107
36
21
48
23
210
23
(D)
65
(DD)
( )
(D)
O
-1
-5
(D)
(D)
437
850
(DD)
( )
(D)
(D)
153
(DD)
( )
891
(D)
339
5
(D)
480
(DD)
( )
5
303
1,121
(D)
318
1
(D)
113
1
-6
(*)
119
5,892
(D)
2,406
(D)
3,118
750
(D)
(DD)
( )
176
412
(DD)
( )
0
(D)
295
(DD)
( )
0
155
-28
(DD)
( )
0
-9
1,174
(DD)
( )
0
994
255
(D)
0
0
(D)
1,703
24,667
14,696
728
5,417
2,527
1,689
21,372
14,106
(D)
1,398
1,991
2,746
2,240
4,419
159
223
1,759
125
115
(D)
14
17
137
49,521
18,429
3,234
726
3,819
29,785
579
131
4
(D)
22,409
(D)
14
3,296
589
(D)
4,019
537
26
131
32
(D)
295
159
(*)
-6
22
(D)
-23
(D)
277
392
44
(D)
594
3,840
(D)
(D)
4
(D)
270,537
(D)
Manufacturing
Primary metal industries
. . .
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Other
Wholesale trade
Motor vehicles and equipment
Metals and minerals
Farm product raw materials
Other
..
Retail trade
Banking
Finance, except banking
Insurance
Real estate and combined offices
Other
D
Suppressed to avoid disclosure of data of individual companies.
*Less than $500,000 (±).
1. Data for 1981 are revised. For acquired businesses, data are for, or as of the end of, the fiscal
year preceding the year of acquisition; for newly established businesses, data are projections for,
or as of the end of, the first full year of operation.
2. Sales or gross operating revenue, excluding sales taxes.
31
SURVEY OF CURRENT BUSINESS
June 1983
elude substantial customers' deposits,
and liabilities include substantial
loans to customers, that arise in the
normal course of business; thus, the
difference between total assets and
net assets (that is, total assets less
total liabilities, or owners' equity) can
be very large.
In banking, three acquired U.S.
businesses accounted for most of the
assets. The one with the largest assets
was a Florida bank in which a Venezuelan banking company acquired a
minority interest after an extended
takeover battle. The other two were a
New York bank acquired by a large
government-controlled Italian bank
and a San Francisco bank acquired by
Indonesian investors. In finance,
except banking, two U.S. securities
firms were acquired. One became a
wholly owned affiliate of a British
currency and commodity broker. A
minority interest in the other was acquired through a holding company in
Investment Incentives
the Caribbean by a group of unaffiliated Middle East investors.
U.S. businesses acquired in 1982
had total assets of $22.1 billion, 84
percent of the total for all U.S. businesses acquired or established. They
had net income of $356 million, only 2
percent of their sales of $15.9 billion.
New income was small relative to
sales because many of the acquired
firms were in weak financial position,
in part reflecting the U.S. recession.
Due to their depressed market values,
such firms were attractive to potential buyers who believed they could
substantially improve profitability
after takeover. Acquired businesses
employed 206,000 persons, mainly in
manufacturing and retail trade, and
owned 755,000 acres of U.S. land.
U.S. businesses established in 1982
were mainly in real estate. They had
total assets of $4.3 billion, employed
5,000 persons, and owned 246,000
. acres of U.S. land.
Historically, the U.S. Government
has maintained a neutral position visa-vis foreign direct investment in the
United States. With few exceptions,
foreign direct investment is neither
promoted nor restricted through Federal legislation or administrative
action. In recent years, individual
State and local governments have
sought to attract foreign investment
to enhance regional industrial and
business development. These efforts
mainly focused on acquainting potential foreign investors with a given locale's attractions, such as the quality
of the local labor force or the availability of industrial infrastructure or
nautral resources. However, in several cases, specific investment incentives—for example, tax advantages or
special financing arrangements—have
been provided.
Table 4B.—Total Assets, Sales, Net Income, Employment, and Acres of Land Owned by U.S. Business Enterprises Acquired or Established in 1982,
by Industry of U.S. Business Enterprise 1
[Million of dollars or number]
Total
assets of
all U.S.
business
enterprises
acquired
or
established
U.S. business enterprises established
U.S. business enterprises acquired
Total
assets
Sales 2
Net
income
Number
of
employees
Number
of acres
of land
owned
Total
assets
Sales 2
Net
income
Number of
employees
Number
of acres
of land
owned
26,420
22,142
15,934
356
205,914
755,305
4,278
958
-14
4,572
246,211
380
(D)
(D)
-3
(D)
3,733
(D)
4
-3
37
164,774
Mining
1,313
(D)
934
59
8,073
(D)
(D)
(*)
(*)
(D)
0
Petroleum
1,322
1,165
1,044
64
3,483
(D)
156
(D)
-18
43
(D)
Manufacturing
4,514
3,991
5,989
-24
73,151
(D)
523
311
(*)
1,210
(D)
436
(D)
588
(D)
0
(D)
(D)
D
( )
588
(D)
0
(D)
1,078
(D)
523
(D)
0
(D)
30
3
(DD)
( )
0
5
6,905
(D)
4,499
(D)
0
(D)
1,749
(DD)
(D)
( )
0
151
(D)
D
3
(D)
0
0
0
0
-1
-5
0
0
0
0
(DD)
(D)
0
0
0
0
0
177
42
932
(D)
1,780
(D)
42
(D)
129
1,749
112
(D)
1,270
102
2,588
5
2
57
-16
(D)
555
857
15,746
4,464
(D)
(D)
6
792
(DD)
( )
(D0)
(*)
0
()
(D0)
31
(D0)
(DD)
(17)
1,010
82
(DD)
( )
864
826
46
0
2
777
1,127
102
0
4
1,020
4
-1
0
(*)
5
9,047
(D)
0
(D)
8,460
568
(D)
0
0
(D)
184
36
(DD)
( )
87
1,575
5,440
4,303
1,368
2,829
2,366
1,562
5,169
(D)
1,327
301
2,173
2,761
566
832
700
50
(D)
38
11
38
(D)
-1
(D)
59,001
6,024
(D)
2,844
243
35,759
766
(D)
0
(DD)
(D)
( )
14
270
(D)
42
2,529
193
All industries
Agriculture and forestry
Food and kindred products
Paper and allied products
Chemicals and allied products
Industrial ..
Drugs
Other
.. .
Primary metal industries
Fabricated metal products
Machinery except electrical
Electric and electronic equipment
Other
Wholesale trade
Motor vehicles and equipment
Metals and minerals
Farm product raw materials
Other
Retail trade
Banking
Finance, except banking
Insurance
Real estate and combined offices
Other
D
...
Suppressed to avoid disclosure of data of individual companies.
* Less than $500,000 (±).
1. Data for 1982 are preliminary. For acquired businesses, data are for, or as of the end of, the
( )
0
0
0
0
(DD)
()
( )
0
0
0
0
D
0
(DD)
4
2
()
141
(DD)
()
(D)
280
(D)
(D)
1
187
-14
1
(D)
(*)
(D)
1,422
(DD)
( D)
(D)
( )
282
(D)
0
0
(D)
2
15
12
(D)
182
99
(*)
1
1
1
20
-2
(D)
93
18
(D)
144
1,520
22
(DD)
( )
0
63,278
D
( )
1
fiscal year preceding the year of acquisition; for newly established businesses, data are projections for, or as of the end of, the first full year of operation.
2. Sales or gross operating revenue, excluding sales taxes.
32
SURVEY OF CURRENT BUSINESS
In the 1981 and 1982 surveys, reporters were asked whether their investments received any specific State
or local government incentive. If yes,
the reporter was to indicate whether
or not the incentive was a "significant
factor" in the decision to invest in a
given locale; what type of incentive
was received; and the State government, or the State of location of the
local government, from which the incentive was received. The results are
shown in the table below.
For both 1981 and 1982, only 2 percent of all the investments covered by
the surveys were reported to have received specific States or local incen-
tives. Most of the investments were in
manufacturing and all but a few involved small outlays and assets. In
only 13 cases in 1981 and 5 in 1982
was the incentive reported to be a significant factor in the investment decision. The predominant type of incentive was special financing arrangements, such as grants, industrial revenue bonds, direct loans or loan guarantees, or preferred rates on loans or
leases. The incentives were not concentrated by State; 12 States (or territories) were mentioned in each year.
Conclusions about the incidence
and impact of State and local government incentives on foreign direct in1982
1981
1,332
Total number of investments
...
Number of investments reported to have received State or local investment 24
incentives.
Number of investments for which incentives were reported to be a significant 13
factor in investment decision.
Types of incentives received: 1
9
Tax advantages
13
Special financing arrangements
.
....
5
Other
States mentioned
.
. . . . Ala , Calif , Colo , Ga.,
111., Ky., Me., Nev.,
Pa., N.Y., Tenn., Tex.
786
16
5
5
12
5
Calif., Fla., Ga., Ill N.J ,
N.Y., Oh., Pa., P.R.,
S.C., Va., Wis.
1. In several cases, a single investment was reported to have received more than one type of incentive; therefore, the sum of
incentives by type exceeds the number of investments reported to have received incentives in each year.
June 1983
vestment in the United States should
be drawn with caution from these
data. For one thing, the data may understate the incidence of incentives
because the person actually completing the report—often an employee of
a legal or accounting firm—may not
have known that an incentive was
provided. Also, incentives may be provided to investors who are contemplating expanding an existing investment; if the expansion does not involve the acquisition of an existing
U.S. business or establishment of a
new U.S. business, it, and the related
incentives, would not be covered by
the BEA survey. Nevertheless, based
on the results of the two surveys, it
can be said with some confidence that
specific investment incentives provided by State or local governments
were not an important consideration
in making the vast majority of investment decisions by foreign direct investors.
By RUSSELL C. KRUEGER
U.S. International Transactions, First Quarter 1983
THE U.S.
current-account deficit decreased to $3.0 billion in the first
quarter of 1983 from $6.6 billion (revised) in the fourth quarter of 1982.
Most of the decrease resulted from a
$2.6 billion reduction in the merchandise trade deficit to $8.7 billion. Unilateral transfers decreased $0.9 billion
to $1.6 billion. The surplus on service
transactions increased $0.1 billion to
$7.3 billion. (Revised estimates for
1982 and earlier years are presented
in this article and accompanying
tables. See the Technical Notes.)
Among capital transactions, U.S.
claims on foreigners reported by
banks increased $17.5 billion, unchanged from the fourth-quarter increase. The first-quarter increase was
accounted for by a step-up in claims
on own foreign offices, offset by a
slowdown in claims on other foreigners. U.S. liabilities to private foreigners and international financial institutions increased $12.8 billion, compared with a $5.1 billion increase.
Some of the step-up in borrowings,
largely from Caribbean branches,
may have been related to the step-up
in U.S. banks' claims on own foreign
offices.
The statistical discrepancy (errors
and omissions in reported transactions) was an inflow of $7.6 billion.
U.S. dollar in exchange markets
The U.S. dollar declined moderately
during the first quarter, down 3 percent on a trade-weighted basis against
the currencies of 10 industrial countries and down less than 1 percent
against the currencies of 22 OECD
countries. During the quarter the
dollar depreciated at first, then partly
recovered. A 50-basis point rise in
U.S. short-term interest rates, while
key foreign rates were flat or declining, probably contributed to the recovery.
The currencies of the European
Monetary System (EMS) rose against
the dollar in early January, declined
3 percent by early February, then remained relatively stable for the bal-
ance of the quarter. Monetary authorities realined the EMS currencies
on March 21. The German mark was
revalued 6 percent relative to other
EMS currencies, and the Netherlands
guilder, Belgian franc, and Danish
krone were revalued by smaller
amounts. The French franc, which
had been under pressure since last
summer, was devalued 3 percent, as
was the Italian lira.
The British pound depreciated
sharply against the dollar, partly because of the possibility of lower North
Sea petroleum prices and their negative implications for the United Kingdom current-account surplus. The
Japanese yen was relatively stable
against the dollar, following a 20-percent appreciation from early November to early January.
Latin American currencies continued to depreciate against the dollar.
Mexico, Argentina, Brazil, Chile,
Peru, and Venezuela rescheduled or
considered rescheduling foreign debts
and initiated a variety of exchange
Table A.—Summary of U.S. International Transactions
[Millions of dollars, seasonally adjusted]
1
I
II
1983
19 32
19 31
Lines in tables 1, 2, and 10 in which transactions are
included are indicated in ( )
III
IV
II
I
III
IV
I"
Change:
•I QQO T\T
19831
374 621
237 019
137 602
348 324
211 217
137 107
93786
60793
32993
94534
60 031
34503
93082
57 812
35270
93 221
58 383
34838
89761
55636
34125
90790
54996
35794
86932
52241
34691
80840
48344
32,496
81 171
49563
31,608
331
1219
-888
363 098
-265086
98012
351 502
247 606
103 896
88 947
65275
23672
92 225
67373
24852
91 281
66 214
25067
90650
66224
24 426
87 136
61739
25397
87 554
60850
26704
91786
65319
26467
85030
—59,698
25332
82653
-58301
24352
2377
1,397
980
-4,549
-5,413
-960
-988
-1,258
-1,343
-1,458
-1,100
-1,086
-1,770
-919
2382
2621
535
579
626
643
603
702
656
-661
-644
9 U.S. assets abroad, net (increase/capital outflow (— )) (37)
-110,601 -118,045
10
U.S. official reserve assets, net (38)
5175
4965
11
U.S. Government assets, other than official reserve
-5,078
-5,732
assets, net (43).
12
U.S. private assets, net (47)
100 348
107 348
-23,335
4529
-1,361
-22,170
905
-1,469
-17,279
4
-1,274
-47,817
262
-973
-31,456
1089
-807
-40,934
1 132
-1,489
-26,099
-794
-2,502
-19,553
- 1,950
-934
-21,783
-787
-1,060
-2,230
1,163
-126
2
3
Exports of goods and services (1)
Merchandise, excluding military (2)
Other goods and services (3-15)
4 Imports of goods and services (17)
5
Merchandise, excluding military (18)
6
Other goods and services (19-31)
7 U.S. Government grants (excluding military grants of goods
and services) (34).
8 Remittances, pensions and other transfers (35 36)
851
17
17445
19796
16001
47 106
29560
38313
-22,803
- 16,670
19,936
3,266
13 Foreign assets in the United States, net (increase/capital
inflow (+) (56).
14
Foreign official assets net (57)
15
Other foreign assets net (64)
80,678
87,866
8,437
13,959
16,731
41,551
27,124
31,612
17,613
11,517
17,275
5,758
5430
75248
3172
84694
5517
2920
2999
16958
5880
22611
8792
32760
3061
30185
1930
29682
2642
14972
1,661
9,855
-37
17,312
1,698
7,457
16 Allocations of special drawing rights (74)
17 Statistical discrepancy (75)
1,093
24238
41390
1,093
10460
7470
632
5680
3768
7887
15,082
14,657
7,554
-7,103
p
Preliminary.
33
34
SURVEY OF CURRENT BUSINESS
June 1983
Table B.—Selected Transactions With Official Agencies
[Millions of dollars]
1982
1981
I
1 Changes in foreign official assets in the U.S., net (decrease
-) (line 57, table 1).
Industrial countries2 1
Members of OPEC
Other countries
5,430
?,
8
4
5 Changes in U.S. official reserve assets (increase — ) (line 38,
table 1).
1983
19 82
19 81
Line
II
5,517
3,172
III
-2,999
-11 544
13,581
3393
-6,546
7,420
2298
303
5,691
-477
-5,175
-4,965
-4,529
-905
2,093
5,489
3396
200
200
-200
200
200
-6,782
2,790
993
I
IV
8,792
-5,880
II
-3,061
1,930
P
IV
III
2,642
Change:
1982'
IV 1983'
I
1,661
-37
-1,698
-112
-280
-1,306
-8,210
2,866
-536
3,145
2,234
3,413
-6,929
5,190
- 1,322
-1,958
3,024
864
2,010
368
264
331
-1,162
2,492
219
-1,442
1,186
-4
262
-1,089
-1,132
-794
-1,950
-787
1,163
Activity under U.S. official reciprocal currency
arrangements with foreign monetary authorities: 3
6
6a
6b
U S drawings or repayments ( ) net
Drawings
Repayments
7
7a
7b
Foreign drawings, or repayments ( — ), net
Drawings
Repayments
200
800
-600
200
1,261
2,207
-946
632
2,482
-1850
-1,168
590
-1,758
-2,429
-1,617
812
"Preliminary.
1. Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
2. Based on data for Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting countries.
3. Consists of transactions of the Federal Reserve System and the U.S. Treasury Department's Exchange Stabilization Fund.
controls, multiple exchange rate systems, import restrictions, and/or domestic deflationary policies in attempts to limit capital outflows and
slow the decline of their currencies in
exchange markets. Venezuela, whose
currency had been nearly constant
against the dollar for 20 years, devalued in March because of weakening petroleum prices and continued
capital outflows.
crop year had been shipped. Substantial wheat flour shipments to Egypt
reflected subsidies by the Commodity
Credit Corporation following failure
of U.S. and European Community
(EC) negotiators to reach agreement
on the reduction of EC subsidies on
agricultural exports.
Nonagricultural exports increased
$0.5 billion, or 1 percent, to $40.6 billion; volume increased 1 percent. A
surge in deliveries of complete aircraft, engines, and parts, up $1.1 billion to $3.2 billion, more than accounted for the increase. The increase
was due to bunching of deliveries.
Among other capital goods, machinery exports decreased $0.8 billion to
$13.6 billion, due to continuing reductions in construction, industrial, and
agricultural machinery. Business machines, computers, and scientific
equipment
remained
relatively
Exports increased $1.2 billion, or 3
percent, to $49.6 billion—the first
quarterly increase in exports since
the fourth quarter of 1981; volume increased 2 percent. Large increases in
exports of wheat and aircraft more
than accounted for the increase.
Other exports remained depressed
due to recession abroad, the high exchange value of the dollar, and
import restrictions and foreign exchange controls in Latin America.
Agricultural exports increased $0.7
billion, or 9 percent, to $9.0 billion;
volume increased 9 percent. Wheat
shipments increased $0.8 billion, or 59
percent, to $2.0 billion; prices increased 11 percent. Shipments to the
Soviet Union under the grain purchase agreement were large. By the
end of the quarter, nearly 5 million
tons of the 6 million ton minimum
purchase of wheat and corn for this
Merchandise trade
The U.S. merchandise trade deficit
decreased $2.6 billion to $8.7 billion in
the first quarter, due to increased exports of wheat and aircraft and to
sharply lower imports of petroleum.
However, both the higher exports and
lower imports reflected temporary
factors that are likely to be reversed
in subsequent quarters.
Table C.—Indexes of Foreign Currency Price of the U.S. Dollar
[1977 = 100]
1983
19 82
I
Trade-weighted
average against 22 OECD currencies 1
Trade-weighted average against 10 currencies 2
Selected currencies: 3
Canada
United Kingdom
European Monetary System currencies:
Belgium
France
Germany
Italy
Netherlands
Switzerland
Japan
1983
1982
Jan.
Feb.
1254
120.2
121 8
115.4
124 6
113.8
1240
115.7
1257
116.7
1159
1028
115 5
1068
116 6
1079
1157
1106
115 6
1137
1155
1170
136 9
145 5
108 9
163 5
112 4
90 5
101 2
138 3
146 7
109 9
1659
113 4
91 3
982
1324
139 4
104 1
157 8
1087
857
90 1
1309
137 7
102 8
1552
107 1
81 9
866
1334
1400
104 4
1580
1090
840
878
1327
142 8
1037
161 4
1092
861
886
May
124 8
115.4
1154
110.4
117 4
107.4
123 7
113.2
1230
115.1
1239
115.8
125 8
117.0
127 5
119.2
1160
1058
1156
1137
1153
984
1162
963
1201
992
1196
1004
1173
1010
116 3
101 8
1358
143 9
1076
1624
111 5
892
965
1323
140 1
1036
1582
1084
840
877
1264
127 0
103 1
1487
1083
817
907
121 8
122 5
99 5
1449
1047
81 2
88 1
1289
133 8
104 5
1527
1093
86 5
934
131 1
139 4
106 1
1567
1109
87 2
950
1323
1409
106 7
158 9
111 1
87 9
964
134 7
143 7
107 8
158 9
1117
89 2
982
III
IV
1148
106.4
118 9
110.3
124 2
115^9
1248
118.3
1139
944
1172
980
1177
1010
1158
1219
101 0
1431
1049
780
869
1257
127 7
1024
1488
1074
83 1
908
1327
141 3
1069
1582
1112
88 1
965
I
June
July
Aug.
Sept.
Mar.
Dec.
Apr.
II
Oct.
Nov.
1. Australia, Austria, Belgium-Luxembourg, Canada, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Japan, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden,
Switzerland, Turkey, United Kingdom. Data: U.S. Department of the Treasury. End-of-month rates. Index rebased by BEA.
2. Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, United Kingdom. Data: Federal Reserve Board. Monthly average rates. Index rebased by BEA.
3. Data: Federal Reserve Board. Monthly average rates. Indexes rebased by BEA.
June 1983
SURVEY OF CURRENT BUSINESS
mmmMmammmmmmmmm
CHART 7
Indexes of Foreign Currency Price of the U.S. Dollar (1977=100)
130
TRADE-WEIGHTED AVERAGES
120 —
22 OECD currencies 1
110 —
100
90
80
I I I I I I I I I I I I I I I I I I i I I ! I I I I I I I I I I I I I I I I I I I I I I I I I I
1980
1981
1982
1983
1. Australia, Austria, Belgium-Luxembourg, Canada, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Japan, the Netherlands,
New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom.
Data: U.S. Department of the Treasury. End-of-month rates, index rebased by BEA.
2. Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, United Kingdom.
Data: Federal Reserve Board. Monthly average rates, index rebased by BEA.
U.S. Department of Commerce, Bureau of Economic Analysis.
strong. Nonagricultural industrial
supplies and materials decreased $0.3
billion to $13.1 billion. A slight increase in metallurgical coal ended a
three-quarter decline, but was more
than offset by a $0.2 billion decrease
in other coals used for fuel. Automotive products increased $0.6 billion
to $4.2 billion. Shipments to Canada
recovered fully from the sharp drop
in the fourth quarter, when production was cut back to work down inventories. Shipments to other areas,
which fell for the seventh consecutive
quarter, were down 19 percent, to $1.2
billion.
Petroleum imports decreased $4.6
billion, or 31 percent, to $10.5 billion.
The average price per barrel decreased 5 percent to $29.43 from
$30.97, as several producing countries
cut prices to maintain their market
shares. Spot prices stabilized after
March 14, when OPEC members lowered officially posted prices $5.00 to
$29.00 per barrel and set production
limits at 17.5 million barrels per day.
The average number of barrels imported daily decreased to 3.91 million—the smallest volume since the
third quarter of 1971—from 5.28 million. The large decrease primarily reflected postponement of purchases in
anticipation of lower prices and reduced demand for distillate and residual fuel oils because of warm weath-
ss-e-
er. The decline in volume was spread
equally between OPEC and non-OPEC
countries. Among OPEC members,
imports from Nigeria dropped by over
one-half and those from Saudi Arabia
and Venezuela declined substantially.
Imports from Indonesia, Algeria, and
Iran were unchanged. A halving of
imports from the United Kingdom accounted for most of the decline from
nonOPEC countries; imports from
Mexico, Brazil, and Argentina also declined. Imports from Canada and
India increased slightly.
Nonpetroleum imports increased
$3.2 billion, or 7 percent, to $47.8 billion; volume increased 8 percent.
Prices, which declined 1 percent, continued their year-long downward
trend. Except for certain industrial
supplies and machinery for cyclically
depressed heavy manufacturing industries, these imports have remained
relatively strong over the last 2 years
despite the recession, partly due to
the high exchange value of the dollar.
Nonpetroleum industrial supplies
and materials increased $0.4 billion to
$12.5 billion, in step with the upturn
in U.S. industrial production. Unfinished nontextile materials, especially
industrial chemicals and fertilizers,
increased $0.3 billion. With the
pickup in residential construction,
building materials increased $0.2 billion to $1.0 billion, the highest level
35
since the second quarter of 1981. An
increase in semifinished iron and
steel products was more than offset
by declines in steelmaking materials
and finished iron and steel products.
Capital goods increased strongly, up
$0.7 billion to $9.3 billion. Electrical
machinery and business machines
each increased $0.3 billion. Construction machinery, trade tools, and scientific equipment also increased substantially. Automotive products increased $1.4 billion to $9.2 billion. In
response to higher U.S. sales, imports
from Canada recovered from a sharp
drop in the fourth quarter when dealers reduced inventories. Imports from
other countries increased to a record
level, mostly due to Japanese trucks
and auto parts. Consumer goods increased $1.0 billion to $10.8 billion.
Foods, feeds, and beverages were unchanged at $4.4 billion.
The deficit decreased or the surplus
increased with every major geographic area except Japan. The deficit with
OPEC members decreased to $0.5 billion from $2.0 billion, as petroleum
imports fell $2.4 billion. The deficit
with nonOPEC developing countries
decreased to $3.8 billion from $5.0 billion. The surplus with Western
Europe increased to $2.2 billion from
$1.0 billion; lower petroleum imports
accounted for most of the change. The
deficit with Canada was virtually unchanged at $2.6 billion; exports and
imports of automotive products each
increased $0.9 billion. The deficit with
Japan increased to $4.7 billion from
$3.5 billion as imports, especially
automotive, increased and exports decreased.
Service transactions
Net service receipts increased $0.1
billion to $7.3 billion. Receipts and
payments decreased $0.9 billion and
$1.0 billion to $31.6 billion and $24.4
billion, respectively; lower net receipts and payments of investment
income accounted for the declines.
Receipts of income on U.S. direct
investment abroad decreased $1.3 billion to $4.2 billion. Unusually large
capital losses (now shown separately
in table 5) of $1.3 billion, up from $0.4
billion in the fourth quarter, were
centered in the United Kingdom,
where the pound depreciated sharply;
exchange rate changes also contribut-
36
SURVEY OF CURRENT BUSINESS
ed to capital losses in other Western
European countries. Also, there was
an unusually large decrease from a
high fourth-quarter level in income of
a single manufacturing company. Interest, dividends, and earnings of unincorporated affiliates decreased $0.8
billion. Reinvested earnings of incorporated affiliates decreased $0.5 billion.
Payments of income on foreign
direct investment in the United
States increased $0.1 billion to $1.4
billion.
Receipts of income on other private
investment decreased $0.7 billion to
$12.2 billion, reflecting lower interest
rates. U.S. Government income receipts increased $0.3 billion to $1.4
billion, primarily reflecting higher receipts on credits to finance military
sales contracts. The drop in interest
rates also reduced payments of
income on other private investment
$0.8 billion to $6.8 billion and payments on U.S. Government liabilities
$0.3 billion to $4.4 billion.
Travel receipts decreased slightly to
$2.6 billion. Receipts from Mexico decreased and those from Canada were
unchanged. Receipts from overseas
areas were down slightly due to fewer
visitors. Japan was the only area to
show a significant increase in the
number of visitors to the United
States. Travel payments decreased
$0.1 billion to $3.1 billion, mainly due
to lower expenditures in the Mexican
border region. Payments to Canada
and to overseas areas were both unchanged. The number of overseas
travelers increased, but their average
expenditures declined.
Passenger fare receipts were down
slightly to $0.7 billion. Payments increased $0.1 billion to $1.3 billion, as
more U.S. residents flew on foreignflag carriers.
Other transportation receipts increased slightly to $3.1 billion. Ocean
export freight and air port expenditure receipts increased, but lower
volume carried by U.S. airlines
caused a drop in air export freight receipts. Payments declined $0.1 billion
to $2.7 billion. Tramp and tanker tonnage carried on foreign-operated vessels declined; marginally higher
freight rates were partly offsetting.
Declines in freight carried on U.S.
airlines caused a drop in expenditures
at foreign airports.
Transfers under military sales contracts increased $0.6 billion to $3.6
billion. Direct defense expenditures
abroad decreased $0.2 billion to $2.9
billion.
Unilateral transfers decreased $0.9
billion to $1.6 billion, due to lower
U.S. Government grants: grants were
especially high in the fourth quarter
because several countries drew most
or all of the funds available to them
for fiscal year 1983.
U.S. assets abroad
U.S. official reserve assets increased
$0.8 billion in the first quarter. An increase in the U.S. reserve position
with the International Monetary
Fund (IMF) was partly offset by reduced foreign currency holdings. The
U.S. reserve position with the IMF increased $2.1 billion primarily due to
large drawings of dollars by Latin
American countries under various
credit tranche and extended credit arrangements. Foreign currency holdings decreased $1.5 billion. A $0.4 billion payment in Swiss francs redeemed a maturing U.S. Treasury foreign currency note. Brazil and Mexico
made large repayments on reciprocal
currency and special swap credit
lines.
U.S. claims on foreigners reported
by U.S. banks increased $17.5 billion
in the first quarter, unchanged from
the fourth-quarter increase. U.S. lending abroad has slowed considerably in
recent quarters due to the global recession, the parallel decline in world
trade, and concern about the exposure
of banks in money market centers to
borrowers in developing countries and
Eastern Europe. In the first quarter,
lending was limited largely to banks'
funding of their own foreign offices
and to additional credits to a few
Latin American borrowers under multibank emergency loan packages.
Claims on U.S. banks' own foreign
offices rose sharply, from a $0.8 billion increase to a $14.8 billion increase. U.S. banks, with ample liquidity provided by easier domestic monetary conditions and by inflows into
money market deposit accounts
(MMDA's), provided over $16 billion
in funding to their foreign offices.
Much of the funding was to replace
large withdrawals by both nonbank
U.S. residents and foreigners. Non-
June 1983
bank U.S. residents drew down over
$8.0 billion in Eurodollar deposits between the end of November and end
of January, coincident with the establishment of MMDA's in mid-December, and foreigners withdrew an equal
amount during the same period.
In contrast, U.S. bank claims on
other foreign banks and other foreigners increased only $0.8 billion, compared with an $8.1 billion increase,
indicating weak demand in the industrialized countries and banks' continued hesitancy to increase their international exposure in light of debt
service problems in a number of countries, especially in Latin America. Although claims on private borrowers in
Latin America decreased, claims on
public borrowers increased. The governments of Argentina, Brazil, and
Mexico drew on the U.S. portion of
loan commitments by U.S. and foreign banks under rescheduling agreements and balance of payments financing arrangements.
Banks' custody claims decreased
$1.9 billion, compared with a $2.2 billion increase, primarily due to reductions in holdings of Eurodollar certificates of deposit (CD's) held for the accounts of money market mutual funds
(MMMF's). A $26 billion decline in
MMMF assets during the quarter and
higher yields on U.S. Treasury securities prompted MMMF's to reduce
their foreign investments by $5 billion, including Eurodollar CD's held
in custody accounts.
Net U.S. purchases of foreign securities slowed from $3.5 billion to $2.0
billion. New foreign bond issues in
the United States remained unchanged at $1.6 billion. Activity
picked up in February and March
when the dollar strengthened and
U.S. long-term interest rates stabilized, reducing borrowers' expectations of further rate reductions.
(Rates had declined 300 basis points
since mid-1982.) There were three
large Canadian issues and a large
World Bank issue. Net sales of outstanding bonds were $0.2 billion, in
contrast to net purchases of $0.8 billion in the fourth quarter. The shift
may have reflected investors' desires
to move into equities following the
substantial decline in long-term interest rates. Net U.S. purchases of foreign stocks decreased from $1.2 billion
to $0.8 billion; this was still a high
37
SURVEY OF CURRENT BUSINESS
June 1983
Table D.—Selected Direct Investment Transactions With Netherlands Antilles Finance Affiliates
[Millions of dollars]
II
I
Equity and intercompany accounts
Equity
Intercompany accounts
1348
423
1771
Income
Of which interest
96
178
1983
1982
19 81
2710
1 004
3715
3472
2360
5832
9542
3893
13435
441
474
915
632
89
721
1 358
462
1821
127
329
648
1 190
1888
2883
38
130
198
291
143
279
III
I"
3485
1280
4765
1888
644
2532
2,152
741
2,893
693
-244
937
455
-667
550
-835
-589
-920
n.a.
-807
I
1041
1334
2375
2016
1229
3245
269
490
293
461
IV
III
IV
II
n.a.
Not available.
p
Preliminary.
NOTE.—Table shows only transactions with affiliates established primarily to borrow funds abroad and relend them to their U.S. parents.
level that reflected purchases in
Western European and Japanese
stock markets.
U.S. direct investment abroad shifted to net outflows of $0.4 billion, from
net inflows of $2.0 billion. Equity and
intercompany account inflows decreased $2.9 billion to $0.7 billion. A
decline in net inflows from Netherlands Antilles finance affiliates accounted for about half of the change.
Eased domestic financial conditions
and weaker domestic borrowing
demand probably were contributing
factors. Also, there were repayments
to foreign affiliates of previously borrowed funds. Outflows to petroleum
affiliates decreased as several companies increased their payables to trading affiliates. Reinvested earnings of
incorporated affiliates decreased $0.5
billion to $1.1 billion.
decreased both to their own foreign
offices and to other foreign banks.
Ample U.S. liquidity, weak borrowing
demand, and relatively favorable
rates in the U.S. market discouraged
borrowing from abroad. However, by
March, rising U.S. interest rates and
declining Eurodollar rates had narrowed rate differentials sufficiently to
encourage borrowing from abroad,
partly to support the increase in bank
claims. Borrowings were especially
large from foreign offices in the Caribbean.
Net foreign purchases of U.S. securities other than U.S. Treasury securities increased $0.9 billion to $2.9 billion. Stock purchases increased to $2.8
billion from $1.8 billion, as the U.S.
market rose to record levels. Purchases by investors in the United
Kingdom, Germany, and Switzerland
were strong; Japanese investors, however, shifted to small net sales.
Foreign assets in the United States
Foreign direct investment inflows
Foreign official assets in the United decreased to $1.6 billion from $2.8 bilStates decreased slightly in the first lion. Equity and intercompany acquarter, compared with a $1.7 billion count flows of petroleum and manuincrease in the fourth (table B). facturing affiliates shifted to net outDollar assets of industrial countries flows, mostly to the United Kingdom
increased slightly. Increases in assets and other countries in Western
of some European countries with Europe. In petroleum, decreased payastronger currencies were partly offset bles to Western Europe, due to lower
by decreases in assets of others with imports, were partly offset by inweaker currencies. U.S. dollar hold- creased long-term payables to Canada.
ings of Canada increased. Assets of
OPEC members decreased for the
second consecutive quarter, reflecting
Technical Notes
lower petroleum prices and shipAs is customary each June, estiments. Assets of other developing
countries increased, particularly those mates of U.S. international transactions are revised to incorporate new
of several Asian countries.
U.S. liabilities to private foreigners information. Revised annual estiand international financial institu- mates for 1960-82 and quarterly estitions reported by banks increased mates for 1977-82 are presented in
$12.8 billion, compared with a $5.1 tables 1 and 2. Revised annual estibillion increase in the fourth quarter. mates for 1972-82 and quarterly estiEarly in the quarter, bank liabilities mates for 1981 and 1982 are presented
in table 3. Revised annual estimates
for 1980-82 and quarterly estimates
for 1981 and 1982 are presented in
tables 4-10. Table lOa presents revised annual estimates for 1980-82.
Seasonal adjustment for selected
current-account items and for changes
in U.S. Government assets, other
than official reserve assets, were recalculated by extending through 1982
the period used to derive seasonal adjustment factors. The new factors
were applied to quarterly data for
1981 and 1982. The seasonal adjustment of receipts of income on U.S.
direct investment abroad (table 1, line
11) and interest, dividends, and earnings of unincorporated affiliates (table
1, line 12) has been changed. The petroleum and nonpetroleum components of both lines are now adjusted
separately and summed. Reinvested
earnings of incorporated affiliates
(table 1, line 13) is derived as a residual by subtracting line 12 from line
11 for both petroleum and nonpetroleum components.
Several methodological changes
have been made to the merchandise
trade estimates. For merchandise imports from Canada, inland freight for
wood pulp, newsprint, lumber, and
other duty-free wood products, which
had been excluded from 1974 to 1982,
is now included and the account adjusted for those years. The addition to
imports in 1982 was $222 million. Two
definitional changes in the end-use
classification system have been implemented. First, a new import category,
"oilfield and drilling equipment/' has
been added to capital goods imports.
Nearly the entire value of this category consists of American Petroleum Institute-approved oil well casings and
pipes. Previously, these were in iron
(Text continued on p. 67)
38
SURVEY OF CURRENT BUSINESS
June 1983
Table 1.—U.S. International
[Millions of
Line
(Credits + ; debits - )
1
1 Exports of goods and services 2
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Merchandise adjusted, excluding military 3
Transfers under U S military agency sales contracts
Travel
.
Passenger fares
Other transportation
Fees and royalties from affiliated foreigners
Fees and royalties from unaffiliated foreigners
Other private services
U S Government miscellaneous services
Receipts of income on U.S. assets abroad:
Direct investment
Interest, dividends, and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private receipts
U S Government receipts
1960
1961
28 861
29 937
31 803
34 214
19,650
335
919
175
1,607
590
247
570
153
20,108
402
947
183
1,620
662
244
607
164
20,781
656
957
191
1,764
800
256
585
195
22,272
657
1,015
205
1,898
890
273
613
236
3,621
2,355
1,266
646
349
3,823
2,768
1,055
793
383
4,241
3,044
1,197
904
473
4,636
3,129
1,507
1 022
499
1,465
1,537
1,562
1,695
16 Transfers of goods and services under U.S. military grant programs, net
-23,729
-14,758
-3,087
-1,750
-513
-1402
-35
-40
-593
-313
17 Imports of goods and services
Merchandise adjusted excluding military 3
18
Direct defense expenditures
19
20
Travel
21
Passenger fares
22
Other transportation
Fees and royalties to affiliated foreigners
23
24
Fees and royalties to unaffiliated foreigners
Private payments for other services
25
U S Government payments for miscellaneous services
26
Payments of income on foreign assets in the United States:
27
Direct investment
Interest, dividends, and earnings of unincorporated affiliates
28
Reinvested earnings of incorporated affiliates
29
30
Other private payments
.
. .
U.S Government payments
31
1962
1963
1965
1966
1967
38 826
41 087
44 562
47 314
52 363
25,501
747
1207
241
2,076
1 013
301
651
265
26461
830
1 380
271
2,175
1 199
335
714
285
29310
829
1 590
317
2,333
1 162
353
814
326
30666
1 152
1 646
371
2,426
1 354
393
951
336
33626
1 392
1 775
411
2,548
1 430
437
1 024
353
5,106
3,674
1,432
1 256
462
5,506
3,963
1,543
1 421
510
5260
3,467
1,793
1 669
599
5603
3,847
1756
1 781
636
6,591
4,151
2,440
2021
756
2,039
2,547
1964
-23,591 -25,778 -27,047
-14 537 -16260 -17 048
-2,998
-3,105
-2,961
-1 939
-1785
2 114
-567
-506
-612
-1 437
1 558
1 701
-57
-61
-43
44
51
46
-528
-588
-493
447
406
398
1,340
1,636
1,892
-29,222
18700
-2,880
2211
-642
1 817
-67
60
-527
535
-32,801
21 510
-2,952
2438
-717
1 951
-68
67
-461
550
-38,599
25493
-3,764
2657
-753
2 161
-64
76
-506
644
1968
-41 606 -48,800
26866
32991
-4,378 -4,535
3207
3 030
-829
885
2 157
2367
-62
-80
104
106
-565
668
691
760
394
-220
-174
-511
-332
432
-194
-238
-535
-278
399
-185
-214
-586
-339
459
-223
-236
-701
-401
529
-202
-327
-802
-453
657
-299
-358
-942
-489
711
-372
-339
— 1 221
-549
821
876
-381
-388
-440
-488
-1 328 -1 800
-598
-702
32 U.S. military grants of goods and services, net
33 Unilateral transfers (excluding military grants of goods and services), net
34
U.S. Government grants (excluding military grants of goods and services)
35
U S Government pensions and other transfers
. .
.
Private remittances and other transfers
36
-1,695
-2,308
-1,672
-214
-423
-1,465
-2,524
-1,855
-235
-434
-1,537
-2,638
-1,916
-245
-477
-1,562
-2,754
-1,917
-262
-575
-1,340
-2,781
-1,888
-279
-614
-1,636
-2,854
-1,808
-369
. -677
-1,892
-2,932
-1,910
-367
-655
-2,039
-3,125
-1,805
-441
-879
37 U.S. assets abroad, net (increase/capital
outflow ( — ))
38
U S official reserve assets net 4
39
Gold
40
Special drawing rights
41
Reserve position in the International Monetary Fund
42
Foreign currencies
- 4,099
2 145
1,703
-5,538
607
857
-4,174
1,535
890
-7,270
378
461
-9,560
171
125
-5,716
1,225
1,665
-7,321
570
571
-9,757 -10,977
53
-870
1,170
1,173
626
19
29
-112
266
-220
-94
-346
537
-538
-94
-1,023
-870
-1 173
422
-135
-115
-2,547
-2,952
-1,709
-407
-836
43
44
45
46
U S Government assets, other than official reserve assets net
U.S. loans and other long-term
assets
Repayments on U S loans 5
U.S. foreign currency holdings and U.S. short-term assets, net
1 100
-1,214
642
-528
-910
-1,928
1 279
-261
-1085
-2,128
1288
-245
-1,662
-2,204
988
-447
-1,680
-2,382
720
-19
-1,605
-2,463
874
-16
-1,543
-2,513
1,235
-265
-2,423
-3,638
1 005
209
-2274
-3,722
1 386
62
47
48
49
50
51
U.S. private assets, net
Direct investment
Equity and intercompany accounts
Reinvested earnings of incorporated affiliates
Foreign securities
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns:
Long-term
Short-term
. .
U.S. claims reported by U.S. banks, not included elsewhere:
Long-term
Short-term
-5,144
2940
-1,674
-1,266
-663
-5,235
2653
-1,598
-1,055
-762
-4,623
2851
- 1,654
-1,197
-969
-5,986
-3483
-1,976
-1,507
-1,105
-8,050
-3760
-2,328
-1,432
-677
-5,336
-5,011
-3,468
-1,543
-759
-6,347
-5,418
-3,625
-1,793
-720
-7,386
-4,805
-3,049
-1,756
-1,308
-7,833
-5295
-2,855
-2,440
-1,569
-40
-354
-127
-431
-132
-222
162
-5
-112
-330
-281
-498
-153
995
-136
1 125
-126
324
2,294
2,705
1 473
655
655
765
233
233
215
603
52
53
54
55
56 • Foreign assets in the United States, net (increase/capital inflow (-)-))
57
58
59
60
61
62
63
,
. ..
Foreign official assets in the United States net
U S Government securities6
U.S. Treasury securities
Other 7
. . . .
Other U S Government liabilities 8
U.S. liabilities reported by U.S.
banks,
not
included
elsewhere
Other foreign official assets 9
-485
-623
-88
429
-775
781
-981
1 524
-232
325
1,911
3,217
3,643
742
3,661
7,379
9,928
25
508
1,270
1 409
1,410
-1
152
-291
1,986
816
803
12
429
742
1,660
432
434
-2
298
930
134
-141
-134
-7
65
210
-672
-1,527
-1,548
21
113
742
3,451
2,261
2,222
39
83
1,106
-774
-769
-798
29
-15
10
821
315
141
174
364
282
1,939
311
73
238
151
324
641
346
132
214
66
134
1,231
231
-5
236
149
287
1,983
322
-5
327
146
-85
607
415
57
358
-131
-358
4,333
425
86
339
-356
906
3,928
698
258
440
-135
1,016
10,703
807
319
488
136
4,414
1
91
50
176
3
112
13
23
oo
113
29
149
180
296
85
499
715
759
6
672
5
933
5
331
53
845
88
1,730
241
262
188
2,694
158
1,607
72
3,799
72
73
74
75
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. liabilities10 reported by U.S. banks, not included elsewhere:
Long-term 10
Short-term
Allocations of special drawing rights
Statistical discrepancy (sum of above items with sign reversed)
76
77
78
79
Memoranda:
Balance on merchandise trade (lines 2 and 18) l l
Balance on goods and services (lines 1 and 17)
Balance on goods services and remittances (lines
77 35 and 36)
Balance on current account (lines 77 and 33) 1J
4892
5,132
4496
2,824
5571
6346
5677
3,822
80
81
Transactions in U.S. official reserve assets and in foreign official assets in the United
States:
Increase ( ) in U S official reserve assets, net (line 38)
Increase (-(-) in foreign official assets in the United States (line 57 less line 61)
2,145
1,258
607
741
64
65
66
67
68
69
70
71
See footnotes on page 57.
-1,019
-989
317
-84
235
730
-220
-982.
338
105
-360
-907
-458
629
-205
438
4521
6,025
5303
3387
5224
7167
6331
4,414
6801
9,604
8711
6,823
4951
8,285
7239
5,432
3817
5,963
4941
3,031
3800
5,708
4388
2,583
635
3,563
2320
611
1 535
1,118
378
1,558
171
1,362
1 225
69
570
-785
53
3,368
-870
-759
-1,124
SURVEY OF CURRENT BUSINESS
June 1983
39
Transactions
dollars]
1969
1970
1971
1972
1974
1973
1975
1976
1977
1978
1979
1981
1980
1982
Line
57,522
65,674
68,838
77,495
110,241
146,666
155,729
171,630
184,276
219,994
286,796
342,073*
374,621
348,324
1
36,414
1,528
2,043
450
2,652
1,533
486
1,160
343
42,469
1,501
2,331
544
3,125
1,758
573
1,294
332
43,319
1,926
2,534
615
3,299
1,927
618
1,546
347
49,381
1,364
2,817
699
3,579
2,115
655
1,764
357
71,410
2,559
3,412
975
4,465
2,513
712
1,985
401
98,306
3,379
4,032
1,104
5,697
3,070
751
2,321
419
107,088
4,049
4,697
1,039
5,840
3,543
757
2,920
446
114,745
5,454
5,742
1,229
6,747
3,531
822
3,584
489
120,816
7,351
6,150
1,366
7,090
3,883
1,037
3,848
557
142,054
7,973
7,183
1,603
8,136
4,705
1,180
4,296
620
184,473
6,516
8,441
2,156
9,971
4,980
1,204
4,403
520
224,237
8,181
10,131
2,582
11,647
5,780
1,302
5,408
362
237,019
9,727
12,163
2,991
12,593
5,813
1,480
6,167
426
211,217
12,097
11,293
2,979
12,437
5,572
1,567
6,576
440
2
3
4
5
6
7
8
9
10
7,649
4,819
2,830
2,338
925
8,169
4,992
3,177
2,671
907
9,160
5,983
3,177
2,641
906
10,949
6,416
4,532
2,949
866
16,542
8,384
8,158
4,330
936
19,157
11,379
7,777
7,356
1,074
16,595
8,547
8,048
7,644
1,112
18,999
11,303
7,696
8,955
1,332
19,673
13,277
6,396
10,881
1,625
25,458
14,115
11,343
14,944
1,843
38,183
19,219
18,965
23,654
2,295
37,146
20,129
17,017
32,737
2,562
32,446
18,963
13,483
50,113
3,684
22,888
17,565
5,323
57,127
4,131
11
12
13
14
15
2,610
2,713
3,546
4,492
2,810
1,818
2,207
373
203
236
465
756
680
644
16
-54,129
-35,807
-4,856
-3,373
-1,080
-2,455
-101
-120
-751
-717
-60,050
-39,866
-4,855
-3,980
-1,215
-2,843
-111
-114
-827
-725
-66,569
-45,579
-4,819
-4,373
- 1,290
-3,130
-118
-123
-956
-746
-79,435
-55,797
12
-4,784
-5,042
-1,596
-3,520
-155
-139
-1,043
-788
-99,219
-70,499
12
-4,629
-5,526
-1,790
-4,694
-209
-176
-1,180
-862
-137,519
-103,811
-5,032
-5,980
-2,095
-5,942
-160
-186
-1,262
-967
-132,980
-98,185
-4,795
-6,417
-2,263
-5,688
-287
-186
-1,551
-1,044
-162,425
-124,228
-4,895
-6,856
-2,568
-6,852
-293
-189
-2,006
-1,227
-194,170
-151,907
-5,823
-7,451
-2,748
-7,972
-243
-262
-2,190
- 1,358
-230,335
-176,020
-7,352
-8,475
-2,896
-9,124
-393
-277
-2,573
-1,545
-282,110
-212,028
-8,294
-9,413
-3,184
- 10,906
-523
-309
-2,822
-1,718
-334,596
-249,781
-10,467
-10,397
-3,607
-11,790
-514
-303
-3,094
-1,769
-363,098
-265,086
-11,082
-11,479
-4,487
- 12,379
-413
-298
-3,183
-1,932
-351,502
-247,606
-11,918
-12,394
-4,772
-11,638
-42
-295
-3,700
-2,296
17
18
19
20
21
22
23
24
25
26
-848
-417
-431
-3,244
-777
-875
-441
-434
-3,617
- 1,024
-1,164
-621
-542
-2,428
-1,844
-1,284
-715
-569
-2,604
-2,684
-1,610
-699
-910
-4,209
-3,836
-1,331
-266
-1,065
-6,491
-4,262
-2,234
-1,046
-1,189
-5,788
-4,542
-3,110
-1,451
-1,659
-5,681
-4,520
-2,834
-1,248
-1,586
-5,841
-5,542
-4,211
-1,628
-2,583
-8,795
-8,674
-6,357
-2,402
-3,955
-15,481
-11,076
-9,470
-3,303
-6,167
-20,893
-12,512
-7,454
-3,694
-3,761
-28,553
-16,753
-4,844
-5,008
164
-33,769
-18,229
27
28
29
30
31
-2,610
-2,994
-1,649
-406
-939
-2,713
-3,294
- 1,736
-462
-1,096
-3,546
-3,701
-2,043
-542
-1,117
-4,492
-3,854
-2,173
-572
-1,109
-2,810
-3,881
-1,938
-693
-1,250
-1,818
-5,475
-694
-1,017
-2,207
-4,613
-2,894
-813
-906
-373
-4,998
-3,146
-934
-917
-203
-4,617
-2,787
-971
-859
-236
-5,106
-3,176
-1,086
-844
-465
-5,649
-3,550
-1,180
-920
-756
-7,056
-4,709
- 1,303
-1,044
-680
-6,931
-4,549
-1,464
-918
-644
-8,034
-5,413
-1,493
-1,128
32
33
34
35
36
-11,585
-1,179
-967
-12,475
2,349
866
-249
1,350
382
-14,497
—4
547
-703
153
i
-22,874
158
-34,745
-1,467
-39,703
-849
-51,269
-2,558
-172
-1,265
-30
-66
-466
-317
-78
-2,212
-268
-61,130
732
-65
1,249
4,231
-4,683
-64,331
-1,133
-65
-1,136
-189
257
-16
-1,667
-6,472
-110,601
-5,175
(*)
-1,824
-2,491
-861
-118,045
-4,965
9
-33
182
-34,785
-375
-118
-121
-294
158
-86,052
-8,155
-7,034
822
-9,337
2,481
787
-851
389
2,156
-1,371
-2,552
-1,041
37
38
39
40
41
42
-2,200
-3,489
1,200
89
-1,589
-3,293
1,721
-16
-1,884
-4,181
2,115
182
-1,568
-3,819
2,086
165
-2,644
-4,638
2,596
-602
13
366
-5,001
4,826
13
541
-3,474
-5,941
2,475
-9
-4,214
-6,943
2,596
133
-3,693
-6,445
2,719
33
-4,660
-7,470
2,941
-131
-3,746
-7,697
3,926
25
-5,140
-9,897
4,488
269
-5,078
-9,717
4,419
220
-5,732
-10,117
4,334
51
43
44
45
46
-8,206
-5,960
-3,130
-2,830
-1,549
-10,229
-7,590
-4,413
-3,177
-1,076
-12,940
-7,618
-4,441
-3,177
-1,113
-12,925
-7,747
-3,214
-4,532
-618
-20,388
-11,353
-3,195
-8,158
-671
-33,643
-9,052
-1,275
-7,777
-1,854
-35,380
- 14,244
-6,196
-8,048
-6,247
-44,498
-11,949
-4,253
-7,696
-8,885
-30,717
-11,890
-5,494
-6,396
-5,460
-57,202
-16,056
-4,713
-11,343
-3,626
-59,453
-25,222
-6,258
-18,965
-4,726
-72,757
-19,222
-2,205
-17,017
-3,524
-100,348
-9,680
3,803
-13,483
-5,636
-107,348
3,008
8,331
-5,323
-7,986
47
48
49
50
51
-424
298
-586
-10
-168
-1,061
-243
-811
-396
-1,987
-474
-2,747
-366
-991
-42
-2,254
-99
-1,841
297
-867
155
-1,122
-612
-2,368
-1,307
-2,199
-933
-5,047
-1,183
-18,333
-2,357
-11,175
-2,362
- 19,006
-751
- 10,676 1
13
-7,186
13
13
-53
-3,800 [
1S
- 33,667
14
19
-3,291
-26,213
14
~3,174
15
-46,838
6,976
152
{53
- 109,346
{54
\55
14
M-U81
15
-83,851
15
12,702
6,359
22,970
21,461
18,388
34,241
15,670
36,518
51,319
64,036
38,752
54,922
80,678
87,866
56
-1,301
-2,343
-2,269
-74
251
792
6,908
9,439
9,411
28
-456
-2,075
26,879
26,570
26,578
-8
-510
819
10,475
8,470
8,213
257
182
1,638
185
6,026
641
59
582
936
4,126
323
10,546
4,172
3,270
902
301
5,818
254
7,027
5,563
4,658
905
1,517
-2,158
2,104
17,693
9,892
9,319
573
4,627
969
2,205
36,816
32,538
30,230
2,308
1,400
773
2,105
33,678
24,221
23,555
666
2,476
5,551
1,430
-13,665
-21,972
-22,435
463
-40
7,213
1,135
15,566
11,895
9,708
2,187
685
-159
3,145
5,430
6,272
4,983
1,289
-28
-3,479
2,665
3,172
5,089
5,759
-670
504
-2,054
-367
57
58
59
60
61
62
63
14,002
1,263
832
431
-68
3,130
-550
1,464
1,030
434
81
2,189
-3,909
367
-175
542
-24
2,289
10,986
949
380
569
-39
4,507
12,362
2,800
1,890
910
-216
4,041
23,696
4,760
3,695
1,065
697
378
8,643
2,603
1,414
1,189
2,590
2,503
18,826
4,347
2,687
1,659
2,783
1,284
14,503
3,728
2,142
1,586
534
2,437
30,358
7,897
5,313
2,583
16
2,178
2,254
52,416
11,877
7,921
3,955
16
4,960
1,351
39,356
13,666
7,500
6,167
16
2,645
5,457
75,248
21,998
18,238
3,761
16
2,982
7,171
84,694
10,390
10,554
-164
16
7,004
6,141
64
65
66
67
68
69
701
91
1,112
902
384
-15
594
221
298
737
-90
1,934
406
-87
- 1,000
422
-347
1,433
-190
2,079 [
14
14
160
8,726
-250
-6,661
717
-9,779
149
4,605
710
-1,879
227
4,475
9
16,008
-280
908
231
10,759
373
6,346 i
16,141
-1,516
23
-6,321
867
-219
-2,654
-1,458
5,897
10,544
-2,023
607
3,393
2,048
399
2,603
5,625
4,067
2,331
-2,260
2,269
610
- 1,433
-6,416
-1,941
-3,622
-5,795
911
11,021
9,078
7,140
-5,505
9,147
7,437
1,962
8,903
22,749
21,031
18,136
-9,483
9,205
7,354
4,207
-1,179
-1,552
2,481
7,364
2,349
27,389
-4
10,293
158
5,090
-1,467
10,244
-849
5,509
-2,558
13,066
1,621
6,845
14
942
14
-3,104
170
{71
10,743
1,152
29,556
42,154
1,093
24,238
64,263
|?2
12,540
32,607
1,139
25,404
41,390
V4
75
-31,091
-9,894
-11,724
-14,511
-33,966
-10,340
-12,270
- 15,446
-27,555
4,686
2,586
-964
-25,544
7,477
5,130
421
-28,067
11,523
9,141
4,592
-36,389
-3,177
-5,799
-11,211
76
77
78
79
-375
35,416
732
31,202
-1,133
-13,624
-8,155
14,881
-5,175
5,458
-4,965
2,668
80
81
SURVEY OF CURRENT BUSINESS
40
June 1983
Table 1.—U.S. International
[Millions of
1977
Line
Exports of goods and services
2
Merchandise adjusted excluding military 3
Transfers under U S military agency sales contracts
Travel
Passenger fares
2
3
4
5
II
III
••••
44,336
48,103
45,162
46,675
••••
29,417
1,789
1,417
247
1,636
852
237
948
136
32,092
1,842
1,575
348
1,892
947
253
958
134
28,993
1,839
1,787
456
1,875
970
267
958
153
30,314
1,882
1,371
315
1,687
1,114
279
984
134
4,853
3,045
1,808
2,479
327
5,070
3,346
1,725
2,547
444
4,682
3,091
1,591
2,791
390
5,068
3,796
1,273
3,063
464
•
Fees and royalties from affiliated foreigners
7
8
9
10
Other private services
U S Government miscellaneous services
Receipts of income on U.S. assets abroad:
Interest dividends and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private receipts
U S Government receipts
12
13
14
15
16 Transfers of goods and services under U S military grant programs, net
17 Imports of goods and services
.
18
19
Direct defense expenditures
20
Travel
21
Passenger fares
22
FPPS and ovalties to affiliated foreigners
23
24
Fees and royalties to unaffiliated foreigners
25
Private payments for other services
U S Government payments for miscellaneous services
26
Payments of income on foreign assets in the United States:
27
Direct investment
Interest dividends and earnings of unincorporated affiliates
28
Reinvested earnings of incorporated affiliates
29
30
U S Government payments
31
1978
I
... •
•
.
• •
IV
II
III
IV
48,557
55,463
53,621
62,354
30,686
2,094
1,624
305
1,817
1,054
288
1,056
133
36,732
1,934
1,885
364
2,026
1,112
294
1,077
167
34,539
1,894
2,113
533
2,136
1,134
298
1,079
172
40,097
2,050
1,561
402
2,159
1,405
300
1,084
148
5,869
3,200
2,669
3,250
382
5,978
3,809
2,170
3,375
519
5,532
2,972
2,560
3,797
394
8,079
4,134
3,945
4,523
548
I
39
53
31
79
76
49
62
49
-45,761
-36,540
-1,367
-1,387
-602
-1,829
-69
-58
-539
-348
-48,997
-38,283
-1,462
-2,019
-841
-2,042
-52
-65
-540
-332
-49,225
-37,808
-1,483
-2,500
-755
-2,069
-49
-69
-545
-320
-50,188
-39,276
-1,511
-1,545
-550
-2,032
-74
-70
-566
-359
-53,278
-41,866
-1,680
-1,523
-640
-2,066
-100
-69
-612
-364
-57,636
-44,117
-1,752
-2,176
-882
-2,236
-92
-68
-631
-380
-59,028
44 190
-1,874
-2,994
-798
-2,382
-98
-69
-655
-350
-60,393
-45,847
-2,045
-1,782
-576
-2,439
-104
-71
-676
-450
-577
-238
-339
-1,256
-1,189
-727
-362
-365
-1,364
-1,271
-726
-278
-448
-1,508
-1,393
-803
-370
-434
-1,713
-1,689
-630
-324
-306
-1,785
-1,943
-1,262
-431
-831
-1,965
-2,074
-1,261
-465
-796
-2,211
-2,147
-1,058
-408
-650
-2,834
-2,509
-31
1 238
-111
-254
-208
-79
-1,009
-567
-246
-196
-76
-1,203
-770
-254
-179
-49
-1,323
-831
-270
-222
-62
-1,238
-776
-276
-186
-49
-1,343
-800
-287
-256
-12,339
-24
-6,258
112
-15,399
187
-5,775
248
-9,455
115
-389
27
-83
-80
139
-9
133
-12
-14,751
-43
60
-29
42
4
-16
324
-121
-104
437
-85
-43
195
-37
-30,501
182
-65
1,412
3,275
-4,440
32 U S military grants of goods and services net
33 Unilateral transfers (excluding military grants of goods and services) net
U S Government grants (excluding military grants of goods and services)
34
35
Private remittances and other transfers
36
-39
-1,091
-632
-240
-219
outflow ( ))
37 U S assets abroad net (increase/capital
U S official reserve assets net 4
38
39
Gold
Special drawing rights
40
Reserve position in the International Monetary Fund
41
Foreign currencies
....
42
-1,437
-420
-58
-53
1 279
-811
-232
-236
43
44
45
46
U S Government assets other than official reserve assets net
U S. loans and other long-term
assets
Repayments on U S loans 5
U.S. foreign currency holdings and U.S. short-term assets, net
-1,124
-1,772
580
68
-820
-1,453
731
-98
-1,047
-1,746
656
43
-703
-1,475
752
20
-1,071
-1,671
643
-43
-1,199
-1,998
787
12
-1,431
-2,161
708
22
959
-1,640
804
-122
47
48
49
50
51
U.S. private assets, net
Direct investment
Equity and intercompany accounts
Reinvested earnings of incorporated affiliates
Foreign securities
. . .
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns:
Long-term
Short-term
U.S. claims reported by U.S. banks, not included elsewhere:
Long-term
Short-term
107
-2,057
-250
-1,808
-749
-11,495
-4,005
-2,280
1725
-1,784
-5,323
-2,677
-1,086
1 591
-2,177
-14,006
-3,152
-1,879
1273
-749
-14,515
-4,889
2220
-2,669
-1,115
-4,824
-3,947
-1,777
-2,170
-1,094
-8,139
-2,468
92
-2,560
510
-29,724
-4,753
808
-3,945
-907
7
-778
50
-1,174
201
1,109
-357
-998
-63
-2,178
78
237
61
-90
-129
-1,769
-306
3,990
18
-4,600
-447
-1,332
-16
-8,734
2,862
14,180
14,276
20,001
18,183
851
16,882
28,120
5,554
5,403
5,305
98
626
-725
250
7,888
5,763
5,153
610
391
752
982
8,257
7,551
6,924
627
367
-163
502
15,117
13,821
12,848
973
16
909
371
15,448
13,021
12,904
117
553
1,456
418
-5,113
-5,598
-5,809
211
-94
-64
643
4,903
3,556
3,093
463
323
919
105
18,440
13,242
13,367
-125
1,694
3,240
264
-2,693
980
641
339
981
749
6,292
965
600
365
-1,399
589
6,019
1,023
575
448
1,251
337
4,885
760
327
434
-299
763
2,735
1,355
1,050
306
881
396
5,964
2,313
1,482
831
793
1,082
11,979
2,620
1,824
796
-1,068
296
9,681
1,608
958
650
16
1,572
480
-89
-9
157
55
55
713
-156
674
-26
533
-71
375
25
887
-118
284
42
-5,346
104
6,136
194
2,446
33
3,110
250
-654 1
1,472
9,219
5,854
1,092
331
2716
-729
3,140
8,421
-783
1,762
-7,123
-1,425
-1,884
-2,516
-6,191
-893
-1,361
-2,172
-8,815
-4,063
-4,524
-5,301
-8,962
-3,512
-3,954
-4,521
-11,180
-4,721
-5,154
-5,924
-7,385
-2,174
-2,666
-3,497
-9,651
-5,407
-5,869
-6,644
-5,750
1,962
1,419
619
-420
4,928
24
7,497
112
7,890
-43
15,101
187
14,895
248
-5,019
115
4,580
182
16,746
52
53
54
55
56 Foreign assets in the United States net (increase/capital inflow ( + ))
57
58
59
60
61
62
63
Foreign official assets in the United States net
U S Government securities6
US Treasury securities
Other 7
.
Other U S Government liabilities 8
U S liabilities reported by U.S.
banks,
not
included elsewhere
Other foreign official assets 9
72
73
74
75
Other foreign assets in the United States net
Direct investment
Equity and intercompany accounts
.
Reinvested earnings of incorporated affiliates
US 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 *"
..
. .
.
....
10
Short-term
Allocations of special drawing rights . . . .
...
Statistical discrepancy (sum of above items with sign reversed)
76
77
78
79
Memoranda:
Balance on merchandise trade (lines 2 and 18)11
. ....
Balance on goods and services (lines 1 and 17)
Balance on goods services and remittances (lines
77 35 and 36)
M
Balance on current account (lines 77 and 33)
80
81
Transactions in U.S. official reserve assets and in foreign official assets in the
United States:
Increase ( ) in U S official reserve assets net (line 38)
Increase ( + ) in foreign official assets in the United States (line 57 less line 61)
64
65
66
67
68
69
70
71
See footnotes on page 57.
....
-311 1
-5,959
15
-98
15
-5,132
15
-22, 167
June 1983
SURVEY OF CURRENT BUSINESS
41
Transactions—Continued
dollars]
1979
I
1980
III
IV
64,468
69,830
71,443
81,055
41,694
1,903
1,924
413
2,231
1,112
298
1,058
122
45,138
1,695
2,214
524
2,401
1,183
299
1,082
151
44,959
1,574
2,368
704
2,642
1,218
301
1,093
176
52,682
1,344
1,935
515
2,697
1,468
305
1,170
71
8,044
3,884
4,160
5,180
489
9,294
4,445
4,849
5,338
512
9,879
4,914
4,965
5,963
565
29
47
95
-61,955 -68,607
-46,721 -51,408
-2,001 -1,936
-1,708 -2,575
-669
-975
-2,378 -2,656
-125
-126
-77
-75
-687
-698
-350
-357
II
III
IV
I
II
III
IV
I
II
III
84,948
84,682
82,610
89,833
93,049
96,327
90,844
94,402
89,098
92,664
84,907
81,655
80,578
1
54,501
1,678
2,340
503
2,706
1,278
311
1,277
84
57,389
1,941
2,566
633
2,887
1,421
319
1,342
77
53,505
2,433
2,996
884
3,002
1,404
330
1,375
125
58,842
2,129
2,229
562
3,053
1,678
342
1,415
75
60,354
2,059
2,807
582
3,113
1,360
358
1,509
82
61,666
2,527
3,051
782
3,148
1,420
368
1,548
99
55,845
2,792
3,481
996
3,207
1,411
375
1,534
151
59,154
2,349
2,824
631
3,125
1,621
379
1,576
95
55,324
2,746
2,970
630
3,089
1,383
384
1,629
81
56,605
3,262
2,980
772
3,164
1,318
388
1,631
123
50,304
3,045
3,127
936
3,150
1,373
394
1,640
143
48,984
3,043
2,216
641
3,034
1,499
402
1,676
93
49,385
3,621
2,430
594
3,030
1,383
413
1,755
123
2
3
4
5
6
7
8
9
10
10,967
5,976
4,991
7,174
728
11,773
5,799
5,974
7,996
501
7,501
3,512
3,989
8,073
533
8,644
4,950
3,694
7,261
652
9,228
5,868
3,360
9,407
875
8,626
4,458
4,168
11,360
839
8,506
4,971
3,535
12,429
784
6,527
4,223
2,305
13,527
998
8,787
5,311
3,475
12,798
1,063
6,052
4,724
1,329
13,773
1,037
5,850
4,734
1,116
15,620
951
4,976
3,795
1,181
14,778
1.041
6,009
4,312
1,698
12,957
1,101
4,367
2,957
1,410
12,230
1,249
11
12
13
14
15
294
IV
I"
143
151
259
203
183
206
227
64
93
125
267
158
42
16
-73,162 -78,387 -85,120
-54,104 -59,795 -64,962
-2,087 -2,270 -2,542
-3,187 -1,943 -2,026
-651
-740
-889
-2,899 -2,972 -2,946
-119
-119
-153
-77
-78
-78
-774
-703
-734
-596
-415
-406
-83,848
-62,875
-2,473
-2,680
-1.099
-3,036
-100
-76
-789
-426
-81,186
-59,180
-2,600
-3,526
-1,042
-2,882
-85
-75
-792
-492
-84,442
-62,764
-2,851
-2,165
-726
-2,926
-211
-75
-739
-446
-88,798
-65,909
-2,642
-2,347
-1,014
-2,941
-146
-75
-789
-459
-93,273
-67,934
-2,962
-2,948
-1,365
-3,160
-55
-75
-779
-491
-90,760
-64,610
-2,613
-3,870
-1,218
-3,190
-109
-74
-790
-399
-90,267
-66,633
-2,864
-2,314
-890
-3,087
-104
-74
-826
-583
-86,791
-62,238
-2,797
-2,506
-1,126
-2,824
-66
-74
-874
-462
-88,645
-61,504
-3,061
-3,409
-1,473
-2,967
1
-73
-902
-478
-91,335
-63,724
-2,991
-3,912
-1,231
-3,057
-6
-74
-934
-659
-84,731
-60,140
-3,069
-2,567
-942
-2,790
28
-75
-990
-697
-81,988
-58,524
-2,919
-2,528
-1,195
-2,592
-49
-76
-1,004
-524
17
18
19
20
21
22
23
24
25
26
-1,423
-566
-858
-3,067
-2,750
-1,623
-568
-1,056
-3,464
-2,711
-1,769
-621
-1,148
-3,991
-2,740
-1,542
-648
-894
-4,959
-2,875
-1,939
-656
-1,283
-5,537
-3,053
-2,144
-1,093
-1,051
-5,213
-2,937
-3,318
-827
-2,491
-4,203
-2,992
-2,069
-728
-1,342
-5,940
-3,530
-1,824
-865
-959
-6,704
-3,949
-2,100
-890
-1,210
-7,164
-4,241
-1,950
-870
-1,080
-7,661
-4,277
-1,581
-1,069
-512
-7,024
-4,287
-1,127
-990
-137
-8,230
-4,467
-1,097
-1,088
-10
-9,328
-4,354
-1,376
-1,526
150
-8,656
-4,716
-1,243
-1,404
161
-7,555
-4,693
-1,380
-1,324
-56
-6,790
-4,409
27
28
29
30
31
-29
-1,301
-854
-265
-182
-47
-1,382
-911
-281
-191
-95
-1,388
-881
-304
-203
-294
-1,579
-904
-330
-345
-143
-1,879
-1,341
-311
-227
-151
-1,354
-807
-314
-233
-259
-1,492
-917
-339
-236
-203
-2,332
-1,644
-339
-348
-183
-1,481
-960
-336
-185
-206
-1,567
-988
-335
-244
-227
-1,857
-1,258
-396
-203
-64
-2,027
-1,343
-397
-287
-93
-2,047
-1,458
-318
-272
-125
-1,802
-1,100
-387
-315
-267
-1,715
-1,086
-384
-246
-158
-2,470
-1,770
-404
-296
-42
-1,551
-919
-385
-247
32
33
34
35
36
-25,600 -14,073 -13,685
-3,268
2,779
-649
-65
-1,152
-34
27
-52
2,831
-611 -2,082
-24,971
502
-18,913
-1,109
-28,483
-4,279
-22,062
-905
-16,735
-4
-47,989
262
-31,880
-1,089
-40,836
-1,132
-25,743
-794
-19,586
-1,950
-22,208
-787
112
-99
489
-261
-294
-554
1,285
-1,240
-4,324
-23,817
-4,529
(*)
-1,441
-707
-2,381
-23
-780
-102
-225
-647
868
-134
-358
754
-400
-547
-142
-241
-814
-77
-434
-459
99
-297
-732
-920
-98
-2,139
1,450
37
38
39
40
41
42
-863
-2,083
1,205
14
-1,526
-2,615
918
171
-1,115
-2,366
1,187
65
-1,403
-2,586
1,176
7
-1,097
-2,330
1,206
27
-1,468
-2,598
949
181
-1,461
-2,373
1,082
-169
-1,267
-2,439
1,121
51
-882
-2,307
1,268
157
-919
-1,858
989
-50
-1,485
-2,536
1,054
-3
-2,491
-3,474
973
10
-837
-2,250
1,319
94
-1,174
-2,504
1,260
69
43
44
45
46
-27,577 -12,561
-6,675 -5,213
-222
-1,710
-4,965 -4,991
-2,331
-995
-8,891
-5,849
125
-5,974
-111
-24,357
-2,790
1,198
-3,989
-1,377
-16,401
-3,538
157
-3,694
-933
-23,107
-7,045
-3,685
-3,360
-437
-17,819
-2,419
1,749
-4,168
-488
-19,696
-5,557
-2,022
-3,535
-1,547
-15,464
-644
1,660
-2,305
-705
-47,369 -29,872
-1,060 ' -658
670
2,416
-1,329
-3,475
-2,896
-581
-38,219
1,258
2,374
-1,116
-546
-22,458
507
1,688
-1,181
-3,331
-16,799
1,902
3,599
-1,698
-3,527
-20,247
-731
679
-1,410
-2,032
47
48
49
50
51
-8,736 -15,921
322
-3,585
-1,142
-86
-2,357
6
-78
394
-1,163
-1,900
783
-47
-918
-1,906
972
17
-802
-1,808
965
41
-3,989 -15,326
-5,918 -7,417
-1,758 -2,567
-4,160 -4,849
-492
-908
14
1983
19 32
19 31
Line
I
II
14
-3,088
15
5,926
15
-7,921
14
14
504
-739
15
-17,833
15
32
14
-1,062
-6,385
15
-1,203
14
14
-25
15
-20,165
15
509
-12,440
14
15
-2,596
-13,030
14
15
14
-3,248
-11,664
15
14
2,389
-14,981
15
1,178
-15,293
14
14
-1,500
15
-41,913
15
-32,551
14
--277
3,918
15
-38,653
15
14
998
-20,631
f52
n.a. {53
2,337
15
- 17,511
15
-17,483 |54
6,862
24,449
5,134
8,001
8,771
12,713
25,438
8,437
13,959
. 16,731
41,551
27,124
31,612
17,613
11,517
17,275
56
-8,697 -9,775
-8,837 -12,766
-8,832 -12,860
94
-5
353
-31
2,436
-51
202
222
6,036
5,359
5,026
333
339
172
166
-1,228
-5,728
-5,769
41
-701
4,656
545
-7,402
-4,556
-5,357
801
-8
-3,198
360
7,704
4,610
4,360
250
566
1,676
851
7,550
4,343
3,794
549
-81
1,823
1,465
7,715
7,498
6,911
587
208
-460
469
5,517
7,696
7,242
454
101
-3,109
829
-2,999
-1,527
-2,063
536
-71
-2,048
647
-5,880
-4,090
-4,635
545
-384
-2,380
974
8,792
4,193
4,439
-246
326
4,058
215
-3,061
-1,628
-1,327
-301
75
-1,697
189
1,930
-1,836
-2,094
258
459
3,271
36
2,642
4,763
4,834
-71
-160
-1,911
-50
1,661
3,790
4,346
-556
130
-1,717
-542
-37
2,598
3,166
-568
-390
-1,898
-347
57
58
59
60
61
62
63
11,004
1,553
696
858
18
2,564
409
16,637
3,353
2,298
1,056
-57
524
18,413
3,382
2,234
1,148
1,502
166
6,362
3,588
2,694
894
16
951
252
15,403
2,734
1,451
1,283
16
3,300
2,435
1,068
4,685
3,634
1,051
-1,271
496
5,163
3,011
520
2,491
-278
263
17,723
3,236
1,895
1,342
894
2,263
2,920
2,775
1,817
959
1,390
2,419
16,958
4,528
3,318
1,210
747
3,589
22,611
4,702
3,622
1,080
16
-444
767
32,760
9,993
9,481
512
16
1,289
396
30,185
2,081
1,944
137
1,288
1,313
29,682
2,892
2,883
10
16
2,095
2,434
14,972
2,636
2,785
-150
16
1,364
420
9,855
2,781
2,942
-161
16
2,257
1,975
17,312
1,625
1,568
56
16
2,947
2,887
64
65
66
67
68
69
14
14
14
14
14
14
2,307
-296
799
210
908
6,773
1 139
4,078
12,018
13,153
663
9,217
4,258
7,850
-5,027
2,513
2,066
1,212
-6,270
1,224
753
-158
-9,145
-1,719
-2,226
-3,107
322
-3,585
-8,666 -10,128
2,779
5,697
14
334
14
1,667
14
1,251
14
3,593
129
14
22
1,091
-300
14
-182
14
-2,517
14
-425
14
20
n.a. {70
9,853 /72
\73
74
75
7,894
8,071
16,494
21,382
25,685
24,778
10,977
2,823
-14
-3,793
1,093
11,517
6,615
1,777
4,330
4,497
7,006
16,272
13,615
-5,675
1,424
849
-68
-3,922
5,391
4,704
3,060
-5,555
4,250
3,730
2,770
-6,268
3,055
2,476
1,488
-8,765
84
-516
-1,773
-7,479
4,135
3,451
2,108
-6,914
2,306
1,717
259
-4,899
4,020
3,318
2,218
-13,420
-6,427
-7,057
-8,143
-11,156
-3,076
-3,776
-5,546
-9,139
-1,410
-2,042
-2,961
76
77
78
79
-1,109
7,631
-4,279
7,507
-4,529
5,416
-905
-2,928
-4
-5,496
262
8,466
-1,089
-3,136
-1,132
1,471
-794
2,802
-1,950
1,531
-787
353
80
81
6,599
1,152
6,583
-4,509
916
7,737
16,719
6,268
-7,113 -10,461
-172
2,668
-711
1,993
1,089 -2,051
-5,486
834
288
-520
-3,268
-7,394
502
7,137
-649
-527
14
42
SURVEY OF CURRENT BUSINESS
June 1983
Table 2.—U.S. International
[Millions
1977
Line
II
I
1 Exports of goods and services
2
3
4
5
6
7
8
9
10
11
12
13
14
15
2
Merchandise, adjusted, excluding military 3
Transfers under U S military agency sales contracts
Travel
Passenger fares
Other transportation
Fees and royalties from affiliated foreigners ...
Fees and royalties from unaffiliated foreigners
Other private services
U S Government miscellaneous services
Receipts of income on U.S. assets abroad:
Direct investment
Interest, dividends, and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private receipts
U S Government receipts
.
- .
16 Transfers of goods and services under U.S. military grant programs, net
1978
III
IV
II
I
III
IV
44,837
46,699
47,049
45,692
49,187
53,819
56,214
60,775
29,668
1,789
1,437
300
1,697
903
237
948
144
30,852
1,842
1,521
355
1,847
943
253
958
129
30,752
1,839
1,553
349
1,833
1,017
267
958
144
29,544
1,882
1,639
362
1,713
1,020
279
984
140
30,947
2,094
1,673
367
1,878
1,130
288
1,056
142
35,392
1,934
1,788
367
1,987
1,113
294
1,077
163
36,811
1,894
1,839
407
2,088
1,174
298
1,079
159
38,904
2,050
1,883
462
2,183
1,288
300
1,084
156
4,827
3,197
1,630
2,491
396
4,959
3,456
1,503
2,628
412
5,180
3,504
1,676
2,725
432
4,707
3,120
1,587
3,037
385
5,917
3,366
2,551
3,250
445
5,841
3,898
1,943
3,375
488
6,231
3,386
2,845
3,797
437
7,469
3,465
4,004
4,523
473
39
53
31
79
76
49
62
49
-46,462
-36,585
-1,367
-1,832
-676
-1,898
-69
-58
-539
-339
-48,502
-38,063
-1,462
-1,879
-690
-2,022
-52
-65
-540
-331
-48,612
-38,005
-1,483
-1,830
-673
-2,016
-49
-69
-545
-330
-50,597
-39,254
-1,511
-1,910
-709
-2,036
-74
-70
-566
-359
-54,205
-42,110
-1,680
-2,008
-731
-2,145
-100
-69
-612
-378
-56,960
-43,754
-1,752
-2,028
-710
-2,216
-92
-68
-631
-383
-58,378
-44,389
-1,874
-2,231
-730
-2,321
-98
-69
-655
-381
-60,792
-45,767
-2,045
-2,208
-725
-2,442
-104
-71
-676
-402
-577
-238
-339
-1,322
-1,200
-727
-362
-365
-1,386
-1,285
-726
-278
-448
-1,487
-1,399
-804
-370
-434
-1,646
-1,658
-630
-324
-306
-1,785
-1,957
-1,262
-431
-831
-1,965
-2,099
-1,261
-465
-796
-2,211
-2,158
-1,058
-408
-650
-2,834
-2,460
32 U S military grants of goods and services, net..
33 Unilateral transfers (excluding military grants of goods and services) net
U S Government grants (excluding military grants of goods and services)
34
35
U S Government pensions and other transfers
36
Private remittances and other transfers
-39
-1,103
-632
-240
-231
-53
-1,272
-811
-232
-229
-31
-1,238
-777
-254
-207
-79
-1,005
-567
-246
-192
-76
-1,209
-770
-254
-185
-49
-1,316
-831
-270
-215
-62
-1,251
-776
-276
-199
-49
-1,331
-800
-287
-244
37 U.S. assets abroad, net (increase/capital outflow ( — ))
38
U S official reserve assets net 4
39
Gold
40
Special drawing rights
41
Reserve position in the International Monetary Fund
Foreign currencies
42
-1,198
-420
-58
-12,182
-24
-6,297
112
-15,219
187
-5,606
248
-9,703
115
-389
27
-83
-80
139
-9
133
-12
-15,109
-43
-60
-29
42
4
-16
324
-121
-104
437
-85
-43
195
-37
-30,601
182
-65
1,412
3,275
-4,440
-1,062
-1,772
642
68
-885
-1,453
666
-98
-1,001
-1,746
702
43
-746
-1,475
709
20
- 1,009
-1,671
705
-43
-1,257
-1,998
729
12
-1,394
-2,161
745
22
-999
-1,640
763
-122
284
-1,880
-250
-1,630
-749
11 273
-3,783
-2,280
-1,503
-1,784
5408 -14,320
-2,762
3466
-1,086
-1,879
1 676 -1,587
-2,177
-749
14397
-4,771
-2,220
2551
-1,115
-4,597
3720
-1,777
-1,943
-1,094
-8,424
-2,753
92
-2,845
-510
-29,784
4812
-808
-4,004
-907
7
778
50
-1,174
201
1,109
-63
-2,178
78
237
61
-90
-129
-1,769
306
3,990
18
-4,600
-447
-1,332
-16
-8,734
56 Foreign assets in the United States, net (increase/capital inflow ( + ))
2,862
14,180
14,276
20,001
18,183
851
16,882
28,120
57
58
59
60
61
62
63
Foreign official assets in the United States net
U S Government securities6
U S. Treasury securities
Other 7
Other U S Government liabilities 8
U S liabilities reported by U S banks not included elsewhere
Other foreign official assets 9
.
. . .
5,554
5,403
5,305
98
626
-725
250
7,888
5,763
5,153
610
391
752
982
8,257
7,551
6,924
627
367
163
502
15,117
13,821
12,848
973
16
909
371
15,448
13,021
12,904
117
553
1,456
418
-5,113
5598
-5,809
211
-94
64
643
4,903
3,556
3,093
463
323
919
105
18,440
13,242
13,367
-125
1,694
3,240
264
64
65
66
67
68
69
Other foreign assets in the United States net
2693
980
641
339
981
749
6,292
965
600
365
1399
589
6,019
1,023
575
448
1,251
337
4,885
760
327
434
299
763
2,735
1,355
1,050
306
881
396
5,964
2,313
1,482
831
793
1,082
11,979
2,620
1,824
796
-1,068
296
9,681
1,608
958
650
14
1,572
480
-89
-9
157
55
55
713
-156
674
26
533
71
375
25
887
118
284
42
-5,346
104
6,136
194
2,446
33
3,110
250 1 1,472
-654
9,219
5,854
1,064
-28
1,076
745
-5,178
2462
1,016
1,745
3,262
122
9,212
791
-3,764
-2,981
3,829
2,067
-6,917
-1,625
2096
-2,728
-7,211
1803
-2,264
-3,075
-7,253
1563
-2,024
-2,801
-9,710
4905
-5,343
-5,910
-11,163
-5,018
-5,457
-6,227
-8,362
3141
-3,626
-4,457
-7,578
2164
-2,639
-3,415
-6,863
-17
548
-1,348
-420
4,928
24
7,497
112
7,890
-43
15,101
187
14,895
248
-5,019
115
4,580
182
16,746
17 Imports of goods and services
.
Merchandise adjusted excluding military 3
18
19
Direct defense expenditures
20
Travel
21
Passenger fares
...
22
Other transportation
Fees and royalties to affiliated foreigners
23
24
Fees and royalties to unaffiliated foreigners
Private payments for other services
25
U S Government payments for miscellaneous services
26
Payments of income on foreign assets in the United States:
27
Direct investment
Interest dividends, and earnings of unincorporated affiliates
28
29
Reinvested earnings of incorporated affiliates
30
Other private payments
U S Government payments
31
.
. .
.
. . .
43
44
45
46
U S Government assets, other than official reserve assets, net
U S loans and other long-term
assets
Repayments on U.S. loans 5
U.S. foreign currency holdings and U.S. short-term assets, net
47
48
49
50
51
U S private assets net
Direct investment
Equity and intercompany accounts
Reinvested earnings of incorporated affiliates
Foreign securities
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns:
Long-term
Short-term . .
U.S. claims reported by U.S. banks, not included elsewhere:
Long-term
Short-term
52
53
54
55
70
71
72
73
74
75
75a
...
,
. .
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 10
Short-term 10
Allocations of special drawing rights
Statistical discrepancy (sum of above items with sign reversed)
Of which seasonal adjustment discrepancy
.
Memoranda:
76 Balance on merchandise trade (lines 2 and 18)ll
77 Balance on goods and services (lines 1 and 17)
78 Balance on goods services and remittances (lines 77 35 and 36)
79
80
81
.
.
Transactions in U.S. official reserve assets and in foreign official assets in the United States:
Increase ( ) in U S official reserve assets net (line 38)
Increase ( -4- ) in foreign official assets in the United States (line 57 less line 61)
See footnotes on page 57.
,
-357
-998
-311 1
-5,959
13
-98
13
-5,132
June 1983
SURVEY OF CURRENT BUSINESS
43
Transactions—Seasonally Adjusted
of dollars]
197()
19 SO
|
19 31
1983
19 32
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I"
64,907
68,178
74,257
79,454
85,248
82,806
85,521
88,500
93,786
94,534
93,082
93,221
89,761
90,790
86,932
80,840
81,171
1
42,036
1,903
2,044
497
2,298
1,171
298
1,058
128
43,834
1,695
2,075
532
2,364
1,216
299
1,082
152
47,236
1,574
2,058
540
2,589
1,265
301
1,093
156
51,367
1,344
2,264
587
2,720
1,328
305
1,170
84
54,752
1,678
2,443
613
2,778
1,367
311
1,277
95
55,843
1,941
2,421
638
2,850
1,465
319
1,342
78
55,786
2,433
2,617
679
2,944
1,453
330
1,375
101
57,856
2,129
2,650
652
3,075
1,495
342
1,415
88
60,793
2,059
2,933
708
3,188
1,459
358
1,509
96
60,031
2,527
2,915
772
3,116
1,445
368
1,548
95
57,812
2,792
3,030
769
3,146
1,458
375
1,534
123
58,383
2,349
3,285
742
3,143
1,451
379
1,576
112
55,636
2,746
3,104
762
3,161
1,482
384
1,629
96
54,996
3,262
2,853
751
3,136
1,336
388
1,631
121
52,241
3,045
2,709
716
3,091
1,415
394
1,640
112
48,344
3,043
2,627
750
3,049
1,339
402
1,676
111
49,563
3,621
2,553
721
3,098
1,487
413
1,755
146
2
3
4
5
6
7
8
9
10
7,742
4,035
3,707
5,180
552
9,063
4,410
4,653
5,338
528
10,882
5,426
5,456
5,963
600
10,496
5,348
5,148
7,174
615
11,348
6,035
5,313
7,996
590
7,253
3,396
3,857
8,073
583
9,849
5,536
4,313
7,261
693
8,696
5,162
3,534
9,407
695
8,424
4,630
3,794
11,360
899
8,407
4,772
3,635
12,429
881
7,533
4,692
2,841
13,527
983
8,082
4,869
3,213
12,798
921
5,917
4,901
1,016
13,773
1,071
5,691
4,480
1,211
15,620
1,005
5,802
4,275
1,527
14,778
989
5,477
3,909
1,568
12,957
1,065
4,208
3,108
1,100
12,230
1,376
11
12
13
14
15
29
47
95
294
143
151
259
203
183
206
227
64
93
125
267
158
42
16
-62,839
-46,816
-2,001
-2,230
-760
-2,470
-125
-75
-687
-421
-68,085
-51,171
-1,936
-2,377
-794
-2,630
-126
-77
-698
-442
-72,224
-54,262
-2,087
-2,381
-802
-2,828
-119
-78
-703
-451
-78,964
-59,779
-2,270
-2,425
-828
-2,978
-153
-78
-734
-404
-85,444
-64,483
-2,542
-2,603
-840
-3,055
-119
-77
-774
-422
-82,938
-62,414
-2,473
-2,481
-891
-2,998
-100
-76
-789
-422
-80,712
-59,783
-2,600
-2,611
-951
-2,813
-85
-75
-792
-489
-85,504
-63,101
-2,851
-2,702
-925
-2,924
-211
-75
-739
-436
-88,947
-65,275
-2,642
-2,913
-1,127
-3,055
-146
-75
-789
-448
-92,225
-67,373
-2,962
-2,761
-1,100
-3,120
-55
-75
-779
-495
-91,281
-66,214
-2,613
-2,894
-1,119
-3,116
-109
-74
-790
-464
-90,650
-66,224
-2,864
-2,911
-1,141
-3,088
-104
-74
-826
-526
-87,136
-61,739
-2,797
-3,053
-1,248
-2,934
-66
-74
-874
-527
-87,554
-60,850
-3,061
-3,190
-1,184
-2,927
1
-73
-902
-588
-91,786
-65,319
-2,991
-2,955
-1,132
-2,986
-6
-74
-934
-641
-85,030
-59,698
-3,069
-3,196
-1,208
-2,791
28
-75
-990
-540
-82,653
-58,301
-2,919
-3,073
-1,328
-2,694
-49
-76
-1,004
-630
17
18
19
20
21
22
23
24
25
26
-1,424
-566
-858
-3,067
-2,763
-1,624
-568
-1,056
-3,464
-2,746
-1,769
-621
-1,148
-3,991
-2,753
-1,542
-648
-894
-4,959
-2,814
-1,939
-656
-1,283
-5,537
-3,053
-2,144
-1,093
-1,051
-5,213
-2,937
-3,318
-827
-2,491
-4,203
-2,992
-2,070
-728
-1,342
-5,940
-3,530
-1,824
-865
-959
-6,704
-3,949
-2,100
-890
-1,210
-7,164
-4,241
-1,950
-870
-1,080
-7,661
-4,277
-1,581
- 1,069
-512
-7,024
-4,287
-1,127
-990
-137
-8,230
-4,467
-1,097
-1,088
-10
-9,328
-4,354
-1,376
-1,526
150
-8,656
-4,716
-1,243
-1,404
161
-7,555
-4,693
-1,380
-1,324
-56
-6,790
-4,409
27
28
29
30
31
-29
-1,313
-854
-265
-194
-47
-1,386
-911
-281
-194
-95
-1,417
-881
-304
-232
-294
-1,535
-904
-330
-301
-143
-1,901
-1,341
-311
-249
-151
-1,365
-807
-314
-244
-259
-1,520
-917
-339
-264
-203
-2,270
-1,644
-339
-287
-183
-1,495
-960
-336
-199
-206
-1,567
-988
-335
-244
-227
-1,884
-1,258
-396
-230
-64
-1,986
-1,343
-397
-246
-93
-2,061
-1,458
-318
-285
-125
-1,802
-1,100
-387
-315
-267
-1,742
-1,086
-384
-272
-158
-2,431
-1,770
-404
-257
-42
-1,563
-919
-385
-259
32
33
34
35
36
-8,214
-3,585
-15,777
322
-26,069
2,779
-14,271
-649
-65
-12,936
-3,268
-24,867
502
-19,520
-1,109
-28,729
-4,279
-23,335
-4,529
-22,170
-905
-17,279
-4
-47,817
262
-31,456
-1,089
-40,934
-1,132
-26,099
-794
-19,553
-1,949
-21,783
-787
-1,142
-86
-2,357
6
-78
394
-52
2,831
27
-611
-1,152
-34
-2,082
112
-99
489
-261
-294
-554
1,285
- 1,240
-4,324
-1,441
-707
-2,381
-23
-780
-102
-225
-647
868
-134
-358
754
-400
-547
-142
-2A1
-814
-77
-434
-459
99
-297
-732
-920
-98
-2,139
1,450
37
38
39
40
41
42
-1,094
-1,900
853
-47
-970
-1,906
919
17
-779
-1,808
988
41
-904
-2,083
1,165
14
-1,438
-2,615
1,006
171
-1,143
-2,366
1,158
65
-1,391
-2,586
1,188
7
-1,168
-2,330
1,135
27
-1,361
-2,598
1,056
181
-1,469
-2,373
1,073
-169
-1,274
-2,439
1,114
51
-973
-2,307
1,177
157
-807
-1,858
1,101
-50
-1,489
-2,536
1,050
-3
-2,502
-3,474
962
10
-934
-2,250
1,222
94
-1,060
-2,504
1,375
69
43
44
45
46
-3,535
-5,465
-1,758
-3,707
-908
-15,129
-7,220
-2,567
-4,653
-492
-28,069
-7,166
-1,710
-5,456
-2,331
-12,718
-5,370
-222
-5,148
-995
-8,230
-5,188
125
-5,313
-777
-24,226
-2,659
1,198
-3,857
-1,377
- 17,020
-4,156
157
-4,313
-933
-23,282
-7,219
-3,685
-3,534
-437
-17,445
-2,045
1,749
-3,794
-488
- 19,796
-5,657
-2,022
-3,635
- 1,547
-16,001
-1,181
1,660
-2,841
-705
-47,106
-797
2,416
-3,213
-2,896
-29,560
-346
670
-1,016
-581
-38,313
1,163
2,374
-1,211
-546
-22,803
161
1,688
-1,527
-3,331
-16,670
2,031
3,599
-1,568
-3,527
-19,936
-421
679
-1,100
-2,032
47
48
49
50
51
12
12
-3,088
13
5,926
2,307
13
12
504
-7,921
6,862
-739
13
-17,833
24,449
13
12 32
12
-1,062
-6,385
13
-1,203
5,134
12
12
-25
13
-20,165
8,001
8,771
13
509
-12,440
12,713
12
13
-2,596
-13,030
25,438
12
13
12
-3,248
-11,664
8,437
13
12
2,389
-14,981
13,959
13
1,178
-15,293
16,731
12
12
-1,500
13
-41,913
41,551
13
-32,551
13
-38,653
56
-37
2,598
3,166
-568
-390
-1,898
-347
57
58
59
60
61
62
63
14,972
2,636
2,785
-150
14
1,364
420
9,855
2,781
2,942
-161
14
2,257
1,975
17,312
1,625
1,568
56
14
2,947
2,887
64
65
66
67
68
69
7,550
4,343
3,794
549
-81
1,823
1,465
7,715
7,498
6,911
587
208
-460
469
5,517
7,696
7,242
454
101
-3,109
829
-2,999
-1,527
-2,063
536
-71
-2,048
647
-5,880
-4,090
-4,635
545
-384
-2,380
974
8,792
4,193
4,439
-246
326
4,058
215
-3,061
-1,628
-1,327
-301
75
-1,697
189
11,004
1,553
696
858
14
2,564
409
16,637
3,353
2,298
1,056
-57
524
18,413
3,382
2,234
1,148
1,502
166
6,362
3,588
2,694
894
14
951
252
15,403
2,734
1,451
1,283
14
3,300
2,435
1,068
4,685
3,634
1,051
-1,271
496
5,163
3,011
520
2,491
-278
263
17,723
3,236
1,895
1,342
894
2,263
2,920
2,775
1,817
959
1,390
2,419
16,958
4,528
3,318
1,210
747
3,589
22,611
4,702
3,622
1,080
i4_444
767
32,760
9,993
9,481
512
14
1,289
396
30,185
2,081
1,944
137
1,288
1,313
29,682
2,892
2,883
10
14
2,095
2,434
12
-296
12
12
12
12
12
6,773
12,018
13,153
663
1,139
4,013
-65
10,207
990
1,004
-3,254
-4,780
2,068
1,609
755
-7,337
93
-382
-1,293
-3,585
-8,666
322
-10,128
12
1,251
12
3,593
-4,509
916
7,737
10,182
2,332
6,599
1,152
5,881
-702
17,593
874
3,518
-2,750
-7,026
2,033
1,497
616
-8,412
490
-141
-1,045
-9,731
-196
-756
-2,097
-6,571
-132
-690
-1,497
2,779
5,697
-649
-527
-3,268
-7,394
502
7,137
12
129
12
22
1,091
-300
(54
\55
17,275
7,704
4,610
4,360
250
566
1,676
851
1,667
-17,483
1,661
3,790
4,346
-556
130
-1,717
-542
-7,402
-4,556
-5,357
801
-8
-3,198
360
12
13
11,517
-1,228
-5,728
-5,769
41
-701
4,656
545
334
-17,511
2,642
4,763
4,834
-71
-160
-1,911
-50
6,036
5,359
5,026
333
339
172
166
12
13
17,613
-9,775
-12,766
-12,860
94
353
2,436
202
908
-20,631
n.a. (52
J53
2,337
31,612
-8,697
-8,837
-8,832
-5
-31
-51
222
210
13
12
998
27,124
1,930
-1,836
-2,094
258
459
3,271
36
799
12
i2_277
3,918
12
-182
12
-2,517
8,071
16,494
21,382
25,685
24,778
2,564
2,578
-3,793
1,093
10,460
-1,057
7,470
855
632
-1,145
5,680
1,350
3,768
-729
-3,997
4,809
4,206
3,289
-5,245
2,996
2,370
726
-4,482
4,839
4,304
3,344
-7,342
2,309
1,730
742
-8,402
1,801
1,175
-83
-7,841
2,571
1,928
585
-1,109
7,631
-4,279
7,507
-4,529
5,416
-905
-2,928
-4
-5,496
262
8,466
12
-425
12
20
2,823
n.a. /70
171
(72
9,853 173
74
7,554 75
-340 75a
7,887
881
10,977
15,082
-1,190
14,657
1,042
-6,103
2,625
2,022
564
-5,854
3,236
2,534
1,434
-13,078
-4,854
-5,510
-6,596
-11,354
-4,190
-4,851
-6,621
-8,738
-1,482
-2,126
-3,045
76
77
78
79
-1,089
-3,136
-1,132
1,471
-794
2,802
-1,949
1,531
-787
353
80
81
44
SURVEY OF CURRENT BUSINESS
June 1983
Table 3.—U.S.
[Millions
Line
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
49,252
70,938
98,042
107,651
115,229
121,231
143,682
181,860
220,626
233,677
80
85
94
92
86
92
102
109
156
178
215
14
36
159
317
1,285
883
1982
A Balance of payments adjustments to Census trade data:
EXPORTS
1 Merchandise exports, Census basis 1 including reexports and excluding military grant shipments.
212,193
Adjustments:
2
Private gift parcel remittances
3
Gold exports nonmonetary
4
5
6
Inland U S freight to Canada
U.S.-Canadian reconciliation adjustments, n.e.c., net 2
Merchandise exports transferred under U.S.
military agency sales
contracts identified in Census documents.3
Other adjustments net 4
Of which Quarterly seasonal adjustment discrepancy 5
331
608
-839
404
1,158
-1,278
557
1,250
-1,753
601
1,148
-2,620
659
1,546
-2,976
691
2,027
-3,285
756
2,118
-4,720
899
4,662
-3,229
1.043
5,103
-3,317
1,151
5,108
-4,921
967
4,481
-7,370
-51
103
116
216
201
46
80
13
309
541
-152
9 Equals: Merchandise exports, adjusted to balance of payments
basis, excluding "military" (table 1, line 2).
49,381
71,410
98,306
107,088
114,745
120,816
142,054
184,473
224,237
237,019
211,217
56,364
70,473
'102,576
98,509
123,478
150,390
174,757
209,458
244,871
261,305
243,952
Electric energy
Gold imports nonmonetary
Inland freight in Canada
U.S.-Canadian reconciliation adjustments, n.e.c., net 2
Merchandise 3imports of U.S. military agencies identified in Census
documents.
Other adjustments, net 6
Of which Quarterly seasonal adjustment discrepancy 5
67
9
270
-798
-189
109
156
305
-510
-310
179
359
103
83
164
608
353
1,286
422
844
623
1,407
664
2,772
940
1,816
i'54
-361
-160
-293
-92
-297
-188
-239
247
912
1,462
1,167
-162
403
-225
419
-394
623
-307
-427
74
276
904
-57
367
305
406
362
1,449
709
540
18 Equals: Merchandise imports, adjusted to balance of payments
basis, excluding "military" (table 1, line 18).
55,797
70,499
103,811
98,185
124,228
151,907
176,020
212,028
249,781
265,086
247,606
7
8
IMPORTS
10 Merchandise imports, Census basis
1
(general imports)
Adjustments:
11
12
13
14
15
16
17
B Merchandise trade, by
area, adjusted to balance of payments basis,
excluding military: 7
EXPORTS
1 Total all countries (A-9)
49,381
71,410
98,306
107,088
114,745
120,816
142,054
184,473
224,237
237,019
211,217
Western Europe
European Communities (10)
United Kingdom
European Communities (6)
Germany
Western Europe, excluding EC (10)
14,950
2,742
8,589
2,716
3,619
21,216
16,708
3,760
12,377
3,723
4,508
28,164
21,744
4,706
16,491
4,687
6,420
29,884
22,854
4,881
17,358
5,052
7,030
31,883
24,917
5,101
19,090
5,404
6,966
34,094
26,493
6,035
19,533
5,850
7,601
39,546
31,778
7,277
23,378
7,204
7,768
54,177
42,474
10,686
30,363
8,694
11,703
67,603
53,466
12,818
38,955
11,449
14,137
65,108
51,366
12,483
36,261
10,502
13,742
59,701
46,905
10,694
33,792
9,214
12,796
8
9
10
11
Eastern Europe
.
Canada 2
Latin American Republics and other Western Hemisphere
Mexico
900
13,109
7,227
1,985
2.047
16,710
9,961
2,962
1,737
21,842
15,820
4,860
3,249
23,537
17,108
5,166
4,123
26,336
16,871
5,011
2,895
28,533
17,921
4,834
3,893
31,229
22,033
6,689
5,913
38,690
28,555
9,931
4,143
41,626
38,845
15,231
4,439
46,016
42,804
18,207
3,749
39,275
33,164
11,749
12
13
14
Japan
Australia, New Zealand, and South Africa
Other countries in Asia and Africa
4,963
1,542
6,690
8,356
2,247
10,873
10,724
3,757
16,262
9,567
3,508
20,235
10,196
3,920
21,416
10,566
3,777
23,030
12,960
4,213
28,180
17,629
5,434
34,075
20,806
7,117
44,097
21,796
8,998
47,858
20,694
7,656
46,978
34,564
2,551
11,366
48,529
3,414
17,420
64,487
6,219
25,863
66,496
9,956
27,387
72,335
11,561
26,726
76,970
12,877
28,074
87,948
14,846
35,367
115,930
14,537
48,093
137,152
17,364
65,578
141,918
21,097
69,542
127,326
20,651
59,491
55,797
70,499
103,811
98,185
124,228
151,907
176,020
212,028
249,781
265,086
247,606
15,661
2,946
9,126
4,308
3,589
19,774
15,816
3,527
11,619
5,591
3,958
24,267
19,244
4,123
14,398
6,302
5,023
20,764
16,513
3,737
12,145
5,358
4,251
23,003
17,739
4,160
12,823
5,581
5,264
28,226
22,119
5,135
16,163
7,249
6,107
36,618
29,058
6,475
21,574
9,970
7,560
41,826
33,228
8,009
24,187
10,953
8,598
47,255
36,097
9,848
25,112
11,692
11,158
52,873
41,424
12,746
26,985
11,389
11,449
52,908
42,349
13,046
27,607
11,902
10,559
363
14,493
601
17,694
977
22,554
734
21,854
875
26,652
1,127
29,864
1,508
33,758
1,896
39,229
1,444
42,903
1,553
48,258
1.067
48,473
2
3
4
5
6
7
15
16
17
Memoranda:
Industrial countries7 7 .. .
Members of OPEC
Other countries 7
IMPORTS
18 Total, all countries (A-18)
19
20
21
22
23
24
Western Europe
. .
European Communities (10)
United Kingdom
European Communities (6)
. . . .
Germany
Western Europe, excluding EC (10)
25
26
Eastern Europe
Canada 2
27
28
Latin American Republics and other Western Hemisphere
Mexico
7,066
1,632
9,644
2,306
18,658
3,391
16,177
3,059
17,208
3,599
21,164
4,694
23,041
6,094
30,535
8,801
37,525
12,584
39,099
13,767
38,561
15,557
29
30
31
Japan
Australia New Zealand and South Africa
Other countries in Asia and Africa
9,076
1,413
7,725
9,665
1,852
11,269
12,414
2,019
22,922
11,257
2,242
25,157
15,531
2,479
38,480
18,565
2,792
50,169
24,541
4,440
52,114
26,261
5,493
66,788
31,217
6,533
82,904
37,598
5,610
80,095
37,685
5,033
63,879
40,643
2,974
11,817
48,985
5,097
15,816
61,254
17,234
24,346
56,117
18,897
22,437
67,665
27,409
27,970
79,447
35,778
34,901
99,357
33,286
41,117
112,809
45,039
51,098
127,908
55,602
63,540
144,339
49,934
69,260
144,099
31,517
70,900
32
33
34
Memoranda:
Industrial countries7 7
Members of OPEC
Other countries 7
See footnotes on page 57.
...
....
SURVEY OF CURRENT BUSINESS
June 1983
45
Merchandise Trade
of dollars]
Not seasonally adjusted
Seasonally adjusted
1981
I
I
II
II
IV
59,718
60,750
55,145
58,064
55,295
1981
1983
1982
I
II
III
IV
I"
57,011
50,214
49,673
50,060
59,968
1982
I
II
III
IV
58,435
57,871
57,201
55,659
1983
Line
II
III
IV
I"
54,952
52,843
48,870
50,470
1
37
34
37
70
53
51
36
75
57
37
34
37
70
53
51
36
75
57
2
321
307
363
294
250
141
198
294
224
321
307
363
294
250
141
198
294
224
3
282
1,128
-1,010
313
1,208
-1,204
281
1,234
-1,202
275
1,538
-1,505
242
1,193
-1,615
252
1,222
-1,827
236
1,139
-1,688
237
927
-2,240
236
776
-1,701
295
1,128
-1,010
294
1,208
-1,204
293
1,234
-1,202
269
1,538
-1,505
250
1,193
-1,615
238
1,222
-1,827
247
1,139
-1,688
232
927
-2,240
243
776
-1,701
4
5
6
-122
258
-13
418
-94
-245
169
18
-267
54
176
957
699
-784
-771
516
98
-154
-60
219
464
-534
-703
186
168
-506
-239
7
8
60,354
61,666
55,845
59,154
55,324
56,605
50,304
48,984
49,385
60,793
60,031
57,812
58,383
55,636
54,996
52,241
48,344
49,563
9
65,064
66,752
63,716
65,773
61,694
60,498
62,819
58,941
58,053
65,615
65,537
64,718
65,468
62,161
59,378
63,361
59,053
58,561
10
238
476
267
441
177
672
258
227
259
211
278
184
311
307
201
546
289
268
394
293
229
117
335
206
476
259
441
197
672
278
227
224
211
278
180
311
307
225
546
289
283
394
293
192
117
335
160
-75
296
-81
-36
-76
203
-75
-129
-108
-97
-93
-70
160
-75
296
-81
-36
-76
203
-75
-129
-108
-97
-93
-70
11
12
13
14
15
46
259
157
247
-75
312
-34
337
-140
-1,107
-1,153
921
662
739
582
123
-124
-1,006
-931
782
470
995
1,029
-232
-569
-834
-694
16
17
65,909
67,934
64,610
66,633
62,238
61,504
63,724
60,140
58,524
65,275
67,373
66,214
66,224
61,739
60,850
65,319
59,698
58,301
18
60,354
61,666
55,845
59,154
55,324
56,605
50,304
48,984
49,385
60,793
60,031
57,812
58,383
55,636
54,996
52,241
48,344
49,563
1
17,108
13,526
3,349
9,527
2,785
3,582
16,582
13,149
3,385
9,072
2,669
3,433
15,107
11,921
2,971
8,330
2,407
3,186
16,311
12,770
2,778
9,332
2,641
3,541
15,745
12,292
2,755
8,913
2,551
3,453
15,789
12,410
2,740
9,050
2,428
3,379
13,682
10,723
2,597
7,527
2,004
2,959
14,485
11,480
2,602
8,302
2,231
3,005
14,948
11,549
2,671
8,306
2,072
3,399
16,738
13,174
3,331
9,191
2,641
3,564
16,041
12,708
3,169
8,876
2,654
3,333
16,113
12,808
3,094
9,073
2,587
3,305
16,216
12,676
2,889
9,121
2,620
3,540
15,401
11,958
2,733
8,606
2,417
3,443
15,227
11,947
2,556
8,796
2,416
3,280
14,678
11,619
2,704
8,288
2,146
3,059
14,395
11,381
2,701
8,102
2,235
3,014
14,570
11,186
2,644
7,975
1,946
3,384
2
3
4
5
6
7
1,586
11,213
10,765
4,249
872
12,821
11,313
5,031
111
10,936
10,218
4,448
1,204
11,046
10,508
4,479
1,617
9,931
8,729
3,620
1,030
10,713
9,383
3,580
383
9,586
8,187
2,807
719
9,045
6,865
1,742
806
9,939
6,201
2,088
1,243
11,455
11,454
4,404
1,022
12,096
11,186
4,846
1,071
11,430
10,090
4,585
1,103
11,035
10,074
4,372
1,278
10,172
9,258
3,758
1,295
10,067
9,239
3,426
468
9,996
8,095
2,885
708
9,040
6,572
1,680
617
10,189
6,564
2,164
8
9
10
11
5,599
1,983
12,100
5,204
2,495
12,379
5,169
2,233
11,405
5,824
2,287
11,974
5,199
2,022
12,081
5,068
2,245
12,377
5,116
1,868
11,482
5,311
1,521
11,038
4,728
1,431
11,332
5,546
1,983
12,374
5,321
2,495
11,870
5,300
2,233
11,575
5,629
2,287
12,039
5,175
2,022
12,330
5,150
2,245
11,773
5,285
1,868
11,851
5,084
1,521
11,024
4,691
1,431
11,501
12
13
14
35,903
4,972
17,893
37,102
5,473
18,219
33,445
5,234
16,389
35,468
5,418
17,041
32,897
5,310
15,500
33,815
5,477
16,283
30,252
4,982
14,687
30,362
4,882
13,021
31,046
4,097
13,436
35,722
5,160
18,668
35,953
5,267
17,789
35,076
5,251
16,414
35,167
5,419
16,671
32,770
5,516
16,072
32,689
5,256
15,756
31,827
4,977
14,969
30,040
4,902
12,694
30,881
4,296
13,769
15
16
17
65,909
67,934
64,610
66,633
62,238
61,504
63,724
60,140
58,524
65,275
67,373
66,214
66,224
61,739
60,850
65,319
59,698
58,301
18
12,586
9,592
2,821
6,360
2,751
2,994
13,301
10,518
3,260
6,840
2,886
2,783
13,580
10,770
3,745
6,603
2,711
2,810
13,406
10,544
2,920
7,182
3,041
2,862
12,760
10,068
2,817
6,820
2,940
2,692
13,681
10,862
3,107
7,307
3,237
2,819
13,159
10,581
3,427
6,762
2,843
2,578
13,308
10,838
3,695
6,718
2,882
2,470
12,587
10,070
2,668
6,973
2,932
2,517
12,420
9,519
2,788
6,335
2,762
2,901
12,967
10,239
3,196
6,634
2,742
2,728
14,025
11,076
3,874
6,745
2,821
2,949
13,461
10,590
2,888
7,271
3,064
2,871
12,577
9,989
2,783
6,790
2,953
2,588
13,309
10,544
3,040
7,068
3,065
2,765
13,652
10,926
3,557
6,940
2,982
2,726
13,370
10,890
3,666
6,809
2,902
2,480
12,403
10,010
2,647
6,945
2,934
2,393
19
20
21
22
23
24
450
11,735
401
12,768
367
11,234
335
12,521
265
11,601
288
12,733
296
11,937
218
12,202
292
12,522
446
11,906
403
12,318
369
12,005
335
12,029
263
11,771
288
12,281
298
12,698
218
11,723
290
12,752
25
26
10,139
3,190
9,654
3,526
9,520
3,230
9,786
3,821
9,207
3,683
9,262
3,831
9,927
4,105
10,165
3,938
9,462
3,804
9,804
3,025
9,743
3,500
9,896
3,463
9,656
3,779
8,871
3,480
9,380
3,822
10,290
4,360
10,020
3,895
9,102
3,585
27
28
8,550
1,396
21,053
9,416
1,436
20,958
9,587
1,336
18,986
10,045
1,442
19,098
9,993
1,135
17,277
9,647
1,192
14,701
9,586
1,367
17,452
8,459
1,339
14,449
9,294
1,134
13,233
8,619
1,498
20,582
9,251
1,428
21,263
9,534
1,380
19,005
10,194
1,304
19,245
10,053
1,219
16,985
9,508
1,187
14,897
9,548
1,416
17,417
8,576
1,211
14,580
9,342
1,223
13,189
29
30
31
34,267
14,529
16,663
36,921
13,347
17,265
35,737
10,897
17,609
37,414
11,161
17,723
35,489
9,852
16,632
37,253
6,478
17,462
36,049
8,250
19,129
35,308
6,937
17,677
35,537
4,995
17,700
34,443
13,871
16,515
35,964
13,665
17,341
36,944
11,310
17,591
36,988
11,088
17,813
35,620
9,381
16,475
36,285
6,664
17,613
37,314
8,581
19,126
34,880
6,891
17,709
35,720
4,755
17,536
32
33
34
46
SURVEY OF CURRENT BUSINESS
June 1983
Table 3.—U.S. Merchandise
[Millions
1972
Line
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
B Merchandise trade, by area, adjusted to balance of payments basis,
excluding military— Continued
BALANCE (EXCESS OF EXPORTS+)
911
-5,505
8,903
-9,483
-31,091
-33,966
-27,555
-25,544
28,067
-36,389
204
-537
-1,592
30
1,442
892
233
758
-1,868
550
3,897
2,500
583
2,093
-1,615
1,397
9,120
6,341
1,144
5,213
-306
2,779
8,880
7,178
941
6,267
177
1,702
5,868
4,374
900
3,370
1 399
1,494
2,928
2,720
802
1,804
2766
208
12,351
9,246
2,677
6,176
-2,259
3,105
20,348
17,369
2,970
13,843
-243
2,979
12,235
9,942
-263
9,276
-887
2,293
6,793
4,556
-2,352
6,185
-2,688
2,237
Eastern Europe
Canada 2
Latin American Republics and Other Western Hemisphere
Mexico
.
537
-1,384
161
353
1,446
-984
317
656
760
-712
2838
1,469
2,515
1,683
931
2,107
3,248
316
-337
1,412
1,768
1331
-3,243
140
2,385
2529
-1,008
595
4,017
-539
-1,980
1,130
2,699
-1,277
1,320
2,647
2,886
-2,242
3,705
4,440
2,682
-9,198
-5,397
-3,808
Japan
.
Australia New Zealand and South Africa
Other countries in Asia and Africa
-4,113
129
-1,035
-1,309
395
-396
-1,690
1,738
6660
-1,690
1,266
-4,922
-5,335
1,441
-17,064
-7,999
985
-27,139
-11,581
227
-23,934
8632
-59
32713
-10,411
584
-38,807
15802
3,388
32237
16991
2,623
16901
-6,079
423
-451
-456
1683
1,604
3,233
11015
1,517
10,379
8941
4,950
4,670
15848
- 1,244
2477
-22,901
-6,827
11409
-18,440
-5,750
3,121
-30,502
3005
9,244
-38,238
2,038
-2,421
-28,837
282
-16,773
-10,866
-11,409
1 Total (A-9) ....
49,381
71,410
98,306
107,088
114,745
120,816
142,054
184,473
224,237
237,019
211,217
2
3
9,514
39,868
17,977
53,433
22,410
75,896
22,243
84,846
23,380
91,365
24,332
96,484
29,902
112,152
35,595
148,879
42,158
182,079
44,034
192,987
37,230
173,986
7,505
7,334
4,057
1,511
1,766
171
15,199
14,895
9,732
2,762
2,400
304
18,638
18,360
11,619
3,545
3,196
278
19,234
18,907
12,648
2,882
3,377
327
19,829
19,408
12,223
3,322
3,864
421
19,724
19,113
10,244
4,411
4,458
611
25,155
24,132
13,480
5,201
5,451
1,023
30,005
28,794
16,711
5,739
6,343
1,212
35,721
34,593
20,858
5,888
7,848
1,128
38,163
36,893
22,126
6,229
8,538
1,270
31,586
30,454
17,144
6,249
7,060
1,132
13,926
2,080
11,846
1,715
1,705
489
10,131
28
19,790
2,899
16,890
1,955
1,947
605
14,936
50
29,942
3,787
26,155
3,596
3,586
851
22,559
89
29,789
3,120
26,670
4,760
4,742
989
21,910
459
31,993
3,688
28,305
4,673
4,653
1,078
23,632
354
34,312
4,642
29,670
4,780
4,763
1,335
24,890
1,093
39,044
5,334
33,711
4,507
4,503
1,585
29,204
1,163
58,139
6,311
51,828
6,679
6,676
1,970
45,148
5,293
71,947
7,032
64,915
8,984
8,946
2,997
55,931
4,176
69,950
6,630
63,319
11,036
11,016
4,059
52,283
4,398
63,617
6,357
57,260
13,026
13,008
6,217
44,234
1,999
16,914
13,347
1,675
1,498
394
21,999
17,455
2,315
1,748
481
30,878
24,624
3,395
2,234
625
36,639
29,880
3,189
2,732
838
39,113
32,034
3,214
2,971
893
39,766
33,487
2,750
2,940
589
46,471
38,332
3,657
3,664
818
58,843
47,206
6,297
4,354
986
74,178
58,284
8,600
5,820
1,474
81,548
65,514
8,809
4,986
2,239
73,816
61,706
4,894
4,960
2,256
35 Total, all countries .
-6,416
.
36
37
38
39
40
41
Western Europe
European Communities (10)
United Kindgorn
European Communities (6)
Germany
Western Europe, excluding EC (10)
42
43
44
45
46
47
48
49
50
51
Memoranda:
Industrial countries7 7
Members of OPEC
Other countries 7
-711
.
adjusted to
C Merchandise trade, by principal end use category,
balance of payments basis, excluding military: 2
EXPORTS
4
5
6
7
8
9
Agricultural products
Nonagricultural products
Foods feeds and beverages
Foods feeds, and beverages — agriculture
Grains
Soybeans
Other agricultural foods feeds and beverages
Nonagricultural foods, feeds, and beverages
10
11
12
13
14
15
16
17
Industrial supplies and materials
Agricultural
Nonagricultural
Energy products
Fuels and lubricants
Petroleum and products
Other nonagricultural
Nonmonetary gold
18
19
20
21
22
Capital goods, except automotive
Machinery, except consumer-type
Civilian aircraft complete-all types
Parts and engines for civilian aircraft
Other transportation equipment
23
24
25
Automotive vehicles,
parts and engines
To Canada 8
To all other areas
5,526
4,291
1,235
6,952
5,304
1,648
8,815
6,341
2,474
10,794
7,188
3,606
12,229
8,494
3,735
13,536
9,695
3,841
15,742
10,438
5,304
18,402
11,877
6,526
17,540
10,287
7,252
19,791
11,566
8,224
17,084
10,433
6,651
26
27
Consumer goods (nonfood) except automotive
All other, including balance of payments adjustments not included
in lines C 4-26.
3,583
1,928
4,800
2,672
6,399
3,635
6,560
4,072
8,022
3,558
8,931
4,547
10,466
5,175
12,845
6,239
16,633
8,218
16,386
11,184
14,833
10,280
55,797
70,499
103,811
98,185
124,228
151,907
176,020
212,028
249,781
265,086
247,606
4,650
51,147
8,415
62,085
26,608
77,204
27,018
71,167
34,572
89,656
44,982
106,925
42,312
133,706
60,482
151,546
79,263
170,518
77,794
187,292
61,201
186,404
.
. . .
IMPORTS
28 Total (A-18)
29
30
Petroleum and products
Nonpetroleum products
31
Foods feeds and beverages
32
33
34
35
36
Industrial supplies and materials ...
Energy products
Fuels and lubricants
Nonenergy products
Nonmonetary gold
37
38
39
40
Capital goods except automotive
Machinery except consumer-type .
Civilian aircraft, engines and parts
Other transportation equipment
41
42
43
44
45
Automotive vehicles parts and engines
From Canada
. ..
Passenger cars new and used
From all other areas
Passenger cars new and used
46
47
Consumer goods (nonfood) except automotive
All other, including balance of payments adjustments not included
in lines C 31-46.
See footnotes on page 57.
.
. . . .
,
..
7,258
9,119
10,568
9,642
11,546
13,981
15,397
17,366
18,127
18,113
17,118
20,652
5,168
5,100
15,484
367
27,603
9,076
8,967
18,527
514
54,029
27,665
27,487
26,363
966
50,638
28,557
28,454
22,082
330
63,717
37,138
36,974
26,580
939
79,933
48,006
47,654
31,927
1,935
83,613
46,070
45,648
37,543
1,765
108,976
65,095
64,472
43,881
2,912
133,290
85,065
84,400
48,226
5,565
135,222
83,960
83,020
51,262
4,014
110,965
67,643
66,731
43,322
3,403
5,919
5,315
476
127
8,263
7,257
618
388
9,819
9,097
636
86
10,166
9,521
548
97
12,282
11,815
406
61
13,985
13,264
592
129
19,705
18,448
982
275
25,029
23,037
1,518
474
31,161
26,989
2,984
1,188
36,679
32,605
3,749
325
38,334
34,529
3,432
373
8,991
4,639
1,978
4,352
3,119
10,708
5,331
2,109
5,376
3,749
12,425
5,670
2,626
6,755
4,681
12,085
5,838
2,803
6,247
4,332
16,782
8,025
3,478
8,758
5,470
19,359
9,238
3,795
10,121
6,856
24,993
10,420
4,129
14,572
9,545
26,433
9,670
3,707
16,763
11,135
27,903
8,710
3,802
19,193
13,017
30,895
10,706
4,295
20,189
13,474
34,304
13,292
5,805
21,013
14,475
11,104
1,874
12,892
1,916
14,380
2,590
13,211
2,443
17,165
2,735
21,796
2,853
28,943
3,368
30,566
3,657
34,445
4,854
38,664
5,515
39,658
7,226
SURVEY OF CURRENT BUSINESS
June 1983
47
Trade—Continued
of dollars]
Not seasonally adjusted
Seasonally adjusted
1981
I
II
1983
1982
II
IV
I
II
HI
IV
I"
I
II
1983
1982
1981
III
IV
I
II
III
IV
Line
lp
-5,555
-6,268
-8,765
-7,479
-6,914
-4,899
-13,420
-11,156
-9,139
-4,482
-7,342
-8,402
-7,841
-6,103
-5,854
-13,078
-11,354
-8,738
35
4,522
3,934
528
3,167
34
588
3,281
2,631
125
2,232
-217
650
1,527
1,151
-774
1,727
-304
376
2,905
2,226
-142
2,150
-400
679
2,985
2,224
-62
2,093
-389
761
2,108
1,548
-367
1,743
-809
560
523
142
-830
765
-839
381
1,177
642
-1,093
1,584
-651
535
2,361
1,479
3
1,333
-860
882
4,318
3,655
543
2,856
-121
663
3,074
2,469
-27
2,242
-88
605
2,088
1,732
-780
2,328
-234
356
2,755
2,086
1
1,850
-444
669
2,824
1,969
-50
1,816
-536
855
1,918
1,403
-484
1,728
-649
515
1,026
693
-853
1,348
-836
333
1,025
491
-965
1,293
-667
534
2,167
1,176
-3
1,030
-988
991
36
37
38
39
40
41
1,136
-522
626
1,059
471
53
1,659
1,505
410
-298
698
1,218
869
-1,475
722
658
1,352
-1,670
-478
-63
742
-2,020
121
-251
87
-2,351
-1,740
-1,298
501
-3,157
-3,300
-2,196
514
-2,583
-3,261
-1,716
797
-451
1,650
1,379
619
-222
1,443
1,346
702
-575
194
1,122
768
-994
418
593
1,015
-1,599
387
278
1,007
-2,214
-141
-396
170
-2,702
-2,195
-1,475
490
-2,683
-3,448
-2,215
327
-2,563
-2,538
-1,421
42
43
44
45
-2,951
587
-8,953
-4,212
1,059
-8,579
-4,418
897
-7,581
-4,221
845
-7,124
-4,794
887
-5,196
-4,579
1,053
-2,324
-4,470
501
-5,970
-3,148
182
-3,411
-4,566
297
-1,901
-3,073
485
-8,208
-3,930
1,067
-9,393
-4,234
853
-7,430
-4,565
983
-7,206
-4,878
803
-4,655
-4,358
1,058
-3,124
-4,263
452
-5,566
-3,492
310
-3,556
-4,651
208
-1,688
46
47
48
1,636
-9,557
1,230
181
-7,874
954
-2,292
-5,663
-1,220
-1,946
-5,743
-682
-2,592
-4,542
-1,132
-3,438
-1,001
-1,179
-5,797
-3,268
-4,442
-4,946
-2,055
-4,656
-4,491
-898
-4,264
1,279
-8,711
2,153
-11
-8,398
448
-1,868
-6,059
-1,177
-1,821
-5,669
-1,142
-2,850
-3,865
-403
-3,596
-1,408
-1,834
-5,487
-3,604
-4,157
-4,840
-1,989
-5,015
-4,839
-459
-3,767
49
50
51
60,354
61,666
55,845
59,154
55,324
56,605
50,304
48,984
49,385
60,793
60,031
57,812
58,383
55,636
54,996
52,241
48,344
49,563
1
12,736
47,619
10,712
50,955
9,095
46,750
11,490
47,664
10,633
44,691
10,161
46,443
7,506
42,798
8,930
40,054
9,458
39,928
12,230
48,565
10,994
49,037
9,965
47,847
10,845
47,538
10,087
45,549
10,435
44,562
8,442
43,798
8,266
40,077
9,011
40,552
2
3
10,703
10,494
6,462
1,938
2,094
209
9,275
9,016
5,449
1,393
2,174
259
8,370
7,849
5,047
936
1,866
521
9,815
9,534
5,168
1,963
2,403
281
8,727
8,561
5,019
1,763
1,779
165
8,710
8,507
4,942
1,647
1,917
203
6,767
6,247
3,544
1,151
1,552
520
7,382
7,138
3,639
1,687
1,812
244
8,014
7,849
4,766
1,654
1,430
166
10,691
10,372
6,457
1,701
2,214
319
9,560
9,228
5,600
1,482
2,146
332
8,686
8,344
4,843
1,440
2,062
342
9,225
8,948
5,226
1,606
2,116
277
8,602
8,337
4,970
1,496
1,872
265
8,981
8,710
5,105
1,724
1,881
271
7,154
6,810
3,412
1,684
1,715
344
6,849
6,596
3,658
1,346
1,592
252
7,892
7,635
4,698
1,424
1,513
257
4
5
6
7
8
9
18,396
2,094
16,302
2,485
2,480
947
13,817
1,370
17,707
1,549
16,157
2,186
2,180
862
13,971
1,283
16,462
1,145
15,317
2,916
2,911
927
12,401
1,108
17,384
1,841
15,543
3,449
3,444
1,323
12,094
637
16,921
1,964
14,957
3,510
3,505
1,742
11,447
430
16,719
1,553
15,166
3,433
3,427
1,521
11,732
359
15,085
1,148
13,937
3,066
3,063
1,468
10,871
581
14,892
1,692
13,201
3,017
3,014
1,486
10,184
629
14,279
1,504
12,775
2,590
2,586
1,583
10,186
667
18,572
1,709
16,863
2,906
2,901
942
13,957
1,370
17,043
1,620
15,423
2,017
2,011
826
13,406
1,283
16,819
1,519
15,300
2,778
2,773
948
12,522
1,108
17,516
1,782
15,734
3,335
3,330
1,343
12,399
637
17,157
1,642
15,515
3,981
3,976
1,727
11,534
430
15,996
1,623
14,373
3,142
3,136
1,454
11,231
359
15,492
1,521
13,971
2,976
2,972
1,526
10,995
581
14,972
1,570
13,402
2,927
2,924
1,510
10,474
629
14,406
1,270
13,136
2,890
2,887
1,565
10,246
667
10
11
12
13
14
15
16
17
19,882
16,039
2,070
1,295
478
21,652
16,985
2,827
1,230
609
19,694
16,115
1,858
1,212
510
20,320
16,375
2,054
1,248
643
19,101
15,637
1,702
1,186
577
19,740
16,358
1,322
1,344
716
18,046
15,332
912
1,225
577
16,930
14,379
959
1,206
387
17,155
13,440
1,872
1,308
534
20,147
16,256
2,094
1,319
478
21,102
16,426
2,902
1,170
605
20,147
16,458
1,936
1,243
509
20,152
16,374
1,876
1,254
648
19,337
15,844
1,708
1,209
576
19,195
15,857
1,347
1,279
712
18,431
15,632
964
1,258
577
16,853
14,373
875
1,214
392
17,353
13,613
1,875
1,331
533
18
19
20
21
22
4,735
2,762
1,972
5,688
3,503
2,185
4,712
2,713
1,999
4,656
2,588
2,069
4,441
2,570
1,871
5,066
3,233
1,834
3,931
2,491
1,440
3,646
2,139
1,507
4,226
3,054
1,172
4,682
2,703
1,979
5,247
3,069
2,178
5,287
3,218
2,069
4,576
2,576
1,999
4,367
2,495
1,872
4,693
2,859
1,834
4,439
2,950
1,489
3,585
2,130
1,455
4,158
2,986
1,173
23
24
25
4,204
2,434
4,344
3,003
3,944
2,663
3,894
3,084
3,735
2,400
4,010
2,361
3,563
2,912
3,525
2,607
3,443
2,269
4,226
2,477
4,153
2,927
4,072
2,801
3,935
2,980
3,751
2,422
3,837
2,294
3,671
3,054
3,574
2,511
3,462
2,292
26
27
65,909
67,934
64,610
66,633
62,238
61,504
63,724
60,140
58,524
65,276
67,373
66,214
66,224
61,739
60,850
65,319
59,698
58,301
28
21,417
44,492
20,323
47,611
18,304
46,307
17,750
48,882
16,334
45,904
13,003
48,501
16,571
47,153
15,294
44,846
11,141
47,383
20,386
44,890
20,801
46,572
19,008
47,207
17,599
48,624
15,473
46,266
13,361
47,489
17,234
48,085
15,133
44,564
10,497
47,805
29
30
4,854
4,666
4,136
4,456
3,759
4,380
4,408
4,571
4,422
4,890
4,542
4,429
4,251
3,730
4,285
4,681
4,422
4,425
31
35,241
22,984
22,745
12,258
943
35,291
21,745
21,478
13,546
1,035
32,661
19,791
19,615
12,870
1,113
32,028
19,439
19,182
12,589
924
29,280
18,087
17,828
11,192
757
25,557
14,358
14,173
11,200
649
28,840
18,066
17,865
10,774
983
27,288
17,132
16,864
10,156
1,013
23,877
13,228
13,000
10,649
585
34,116
21,730
21,524
12,385
943
35,349
22,234
21,975
13,115
1,035
33,716
20,688
20,491
13,028
1,113
32,041
19,308
19,030
12,734
924
28,310
16,992
16,768
11,318
757
25,570
14,733
14,553
10,836
649
29,856
18,938
18,713
10,918
983
27,229
16,980
16,697
10,250
1,013
23,011
12,296
12,104
10,715
585
32
33
34
35
36
8,447
7,393
940
115
9,069
8,106
894
69
9,266
8,386
820
60
9,897
8,720
1,096
81
9,766
8,761
925
80
10,301
9,211
900
190
9,602
8,826
736
41
8,664
7,732
872
61
9,074
8,148
898
28
8,591
7,536
941
115
8,831
7,907
856
69
9,353
8,431
862
60
9,903
8,732
1,090
81
9,955
8,951
924
80
10,072
9,018
864
190
9,672
8,853
778
41
8,635
7,708
866
61
9,300
8,376
897
28
37
38
39
40
7,519
2,388
868
5,131
3,497
8,313
3,030
1,250
5,284
3,595
6,933
2,268
907
4,665
2,996
8,130
3,021
1,269
5,109
3,386
8,347
2,968
1,344
5,379
3,710
9,656
4,095
1,776
5,561
3,865
8,379
3,221
1,348
5,158
3,432
7,922
3,008
1,336
4,914
3,469
9,508
3,726
1,738
5,781
3,971
7,232
2,324
807
4,909
3,277
7,874
2,860
1,140
5,014
3,366
7,745
2,759
1,150
4,986
3,292
8,044
2,764
1,197
5,279
3,539
7,992
2,839
1,241
5,153
3,481
9,105
3,839
1,612
5,266
3,609
9,371
3,858
1,698
5,513
3,763
7,836
2,755
1,254
5,081
3,622
9,215
3,657
1,624
5,558
3,738
41
42
43
44
45
8,725
1,123
9,134
1,460
10,293
1,322
10,512
1,610
9,578
1,508
9,352
2,258
10,882
1,613
9,847
1,847
10,113
1,530
9,287
1,159
9,359
1,417
9,610
1,362
10,408
1,576
10,207
1,544
9,628
2,190
10,065
1,673
9,758
1,818
10,789
1,562
46
47
48
SURVEY OF CURRENT BUSINESS
June 1983
Table 3.—U.S. Merchandise
[Millions
Line
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
49,813
71,454
98,642
108,113
115,420
121,294
143,766
182,025
220,782
233,739
212,275
9,505
40,308
39,748
17,861
53,593
53,077
22,260
76,382
75,783
22,095
86,018
85,556
23,274
92,146
91,956
24,219
97,074
97,012
29,796
113,970
113,885
35,213
146,812
146,647
41,759
179,024
178,867
43,814
189,926
189,864
37,012
175,263
175,182
7,500
15,089
18,489
19,086
19,712
19,591
25,032
29,618
35,313
37,888
31,352
7,334
4,074
1,478
1,508
1,752
14,799
9,727
4,198
2,760
2,312
18,222
11,568
4,631
3,537
3,116
18,764
12,582
5,350
2,865
3,317
19,307
12,199
4,082
3,315
3,793
19,006
10,242
2,929
4,393
4,371
24,034
13,469
4,600
5,208
5,357
28,437
16,691
5,583
5,701
6,045
34,226
20,794
6,658
5,880
7,552
36,673
22,060
8,154
6,186
8,427
30,235
17,087
6,921
6,218
6,930
1982
D Merchandise trade, by end-use category, Census basis,1 including
military grant shipments:
1 Merchandise exports, Census basis, including military grant shipments.
2
3
4
5
6
7
8
9
10
11
Agricultural products
Nonagricultural products
Excluding military grant shipments
Foods feeds and beverages
Agricultural
Grains and preparations
Wheat
Soybeans
Other agricultural foods feeds and beverages
Nonagricultural (fish distilled beverages etc )
Industrial supplies and materials
12
13
14
15
16
Agricultural
Raw cotton including linters
Tobacco, unmanufactured
Other agricultural industrial supplies (hides, tallow, etc.)
17
18
19
20
Nonagricultural
Fuels and lubricants 9
Coal and related fuels
Petroleum and products
. .
166
290
268
322
405
585
999
1,181
1,087
1,215
1,117
13,858
19,630
29,803
29,652
31,864
34,169
38,801
57,046
70,211
67,300
61,483
2,070
508
639
923
2,879
940
681
1,258
3,775
1,353
832
1,590
3,116
1,001
852
1,263
3,683
1,058
922
1,704
4,636
1,538
1,094
2,004
5,327
1,754
1,358
2,215
6,286
2,213
1,183
2,891
7,000
2,880
1,334
2,786
6,630
2,277
1,458
2,895
6,357
1,980
1,547
2,830
11,788
1,705
1,022
489
16,751
1,961
1,057
610
26,028
3,627
2,493
875
26,536
4,753
3,351
993
28,182
4,684
2,997
1,084
29,534
4,763
2,741
1,335
33,474
4,503
2,132
1,585
50,759
6,676
3,507
1,970
63,211
8,776
4,780
2,847
60,670
10,725
6,019
3,769
55,126
13,008
6,080
6,217
21
22
23
24
Paper and paper base stocks
Textile supplies and materials
Chemicals, excluding medicinals
Other nonmetals (minerals wood rubber tires etc )
1,155
878
3,245
2,335
1,463
1,359
4,503
3,367
2,597
1,878
7,445
4,141
2,500
1,604
7,392
4,208
2,720
1,904
8,094
4,965
2,682
1,870
8,642
5,184
2,628
2,197
10,367
6,071
3,364
3,262
14,498
8,300
4,973
3,746
17,756
9,337
4,968
3,764
17,962
9,042
4,341
2,800
16,960
8,206
25
26
27
28
Steel making materials
Iron and steel products.
Other metals, primary and advanced, including advanced steelPrecious metals (gold, silver, platinum)
280
878
1,313
121
645
1,394
2,058
156
924
2,480
2,935
288
846
2,076
3,157
682
725
2,005
3,084
450
482
1,875
4,034
1,169
845
2,029
4,833
1,356
1,347
2,487
10,825
5,621
1,496
3,493
13,634
5,989
900
3,390
9,920
3,760
779
2,459
6,573
1,516
16,791
21,663
30,398
36,269
38,678
39,312
45,948
57,510
72,600
80,173
72,678
13,212
2,504
464
1,190
850
10,708
2,227
920
4,231
485
1,822
1,341
1,024
17,169
3,472
651
1,781
1,040
13,696
2,940
1,271
5,163
663
2,352
1,717
1,308
24,208
4,944
926
2,452
1,565
19,265
4,485
1,784
7,172
994
3,061
2,198
1,769
29,567
5,308
1,144
2,345
1,820
24,258
6,650
1,923
9,288
1,430
2,960
2,228
2,007
31,657
6,590
1,497
3,071
2,022
25,068
6,236
1,907
9,748
1,617
3,274
2,588
2,285
33,074
7,238
1,637
3,316
2,285
25,836
5,633
1,997
9,940
1,587
4,050
3,264
2,630
37,875
8,110
1,422
3,708
2,981
29,764
6,421
2,425
10,462
1,755
5,241
4,199
3,460
45,999
9,740
1,508
4,637
3,595
36,259
7,815
3,081
12,577
1,643
6,773
5,460
4,370
57,050
11,817
1,816
5,677
4,324
45,234
9,958
3,837
15,306
1,926
9,076
7,540
5,131
64,524
12,920
2,124
5,740
5,056
51,605
11,614
4,187'
17,243
2,232
10,562
8,837
5,767
60,781
12,939
2,049
5,967
4,923
47,842
10,306
3,704
15,666
1,795
11,008
9,324
5,364
3,217
1,707
362
4,068
2,315
426
5,599
3,366
590
5,901
3,169
801
6,175
3,204
846
5,679
2,739
559
7,280
3,616
793
10,531
6,177
980
14,076
8,256
1,474
13,467
8,613
2,182
9,683
4,825
2,214
29
Capital goods, except automotive
30
31
32
33
34
35
36
37
38
39
40
41
42
Machinery, except consumer-type
Electrical and electronic, including parts and attachments
Generators transformers and accessories
Broadcasting and communications equipment
Telephonic and other electrical apparatus
Nonelectrical, including parts and attachments
Construction machinery and nonfarm tractors
Textile and other specialized industry machinery
Other industrial machinery, n.e.c
Agricultural machinery and farm tractors
Business and office machines, computers etc
Electronic computers and parts
Scientific, professional, and service industry equipment
43
44
45
Civilian aircraft, engines, parts
Civilian aircraft complete all types
Other transportation equipment
46
47
48
Automotive vehicles, parts and engines
To Canada 8
To all other areas
49
50
51
Passenger cars, new and used
Trucks, buses and special vehicles. .
Bodies engines parts and accessories n e e
52
Consumer goods (nonfood), except automotive
53
54
55
,
...
. .
Consumer durables manufactured
Consumer nondurables, manufactured
Unmanufactured consumer goods (gem stones) . .
. .
,
5,160
6,417
8,352
10,240
11,372
12,287
14,621
16,698
16,168
18,362
15,914
3,925
1,235
4,769
1,648
5,878
2,474
6,634
3,606
7,638
3,735
8,446
3,841
9,317
5,304
10,173
6,526
8,916
7,252
10,137
8,224
9,263
6,651
1,322
711
3,127
1,825
888
3,704
2,335
1,394
4,624
2,885
2,199
5,156
3,266
2,068
6,037
3,628
2,041
6,618
3,692
2,770
8,160
4,720
3,330
8,648
4,010
3,052
9,107
4,005
3,310
11,047
2,930
2,468
10,517
3,510
4,714
6,284
6,476
7,916
8,817
10,308
12,485
16,249
15,868
14,307
1,482
1,841
187
2,055
2,324
335
2,891
3,069
323
2,840
3,375
262
3,573
4,010
334
3,763
4,688
366
4,603
5,201
504
5,400
6,382
702
7,890
7,627
732
6,976
8,336
556
5,950
7,971
386
56
Special category (military-type goods)
1,180
1,583
2,134
2,996
2,600
3,208
4,489
3,017
3,264
4,178
6,540
57
Exports n e e and reexports
1,813
2,358
3,182
3,394
3,276
3,909
4,567
5,651
6,977
9,971
10,001
1,013
800
1,265
1,093
1,819
1,363
1,904
1,490
1,602
1,674
1,702
2,207
2,030
2,537
2,426
3,225
2,863
4,115
5,193
4,778
4,898
5,103
58
59
Domestic (low-value10miscellaneous)
Foreign (reexports)
See footnotes on page 57.
49
SURVEY OF CURRENT BUSINESS
June 1983
Trade—Continued
of dollars]
Seasonally adjusted
Not seasonally adjusted
1983
1982
1981
I
I
II
II
IV
59,738
60,762
55,154
58,085
12,699
47,039
47,019
10,646
50,116
50,104
9,067
46,087
46,078
10,655
9,196
10,457
6,463
2,131
1,926
2,068
8,950
5,423
1,779
1,379
2,148
1982
1981
I
I
II
III
IV
60,164
59,146
57,109
57,320
9,419
40,656
40,640
12,192
47,972
47,952
10,928
48,218
48,206
9,937
47,172
47,163
7,364
7,973
10,643
9,482
7,124
3,646
1,253
1,694
1,785
7,810
4,756
1,962
1,643
1,412
10,335
6,458
2,256
1,689
2,188
9,162
5,573
1,935
1,468
2,120
II
III
IV
1"
55,313
57,028
50,240
49,694
50,075
11,403
46,682
46,662
10,558
44,755
44,737
10,107
46,921
46,905
7,431
42,809
42,783
8,915
40,779
40,758
8,327
9,710
8,648
8,653
6,688
7,820
5,054
2,242
926
1,840
9,446
5,121
2,002
1,955
2,370
8,485
4,976
2,088
1,762
1,747
8,453
4,928
1,968
1,645
1,880
6,173
3,538
1,612
1,117
1,518
1983
Line
II
III
IV
I"
55,617
55,433
52,166
49,059
50,247
1
10,758
46,562
46,542
10,011
45,606
45,588
10,380
45,053
45,037
8,368
43,798
43,772
8,252
40,807
40,786
8,972
41,275
41,259
2
3
4
8,644
9,120
8,523
8,924
7,074
6,830
7,851
5
8,316
4,850
1,903
1,430
2,035
8,860
5,180
2,059
1,598
2,083
8,261
4,926
2,154
1,495
1,840
8,656
5,090
2,140
1,722
1,844
6,736
3,406
1,348
1,649
1,681
6,582
3,665
1,279
1,352
1,565
7,596
4,688
2,032
1,413
1,495
6
7
8
9
10
11
198
246
507
264
162
200
515
240
164
308
320
328
260
262
268
338
248
255
17,698
17,061
15,861
16,679
16,333
16,254
14,557
14,339
13,836
17,874
16,397
16,218
16,811
16,570
15,532
14,964
14,418
13,963
12
2,094
915
299
880
1,549
540
325
684
1,145
288
281
576
1,841
534
552
755
1,964
757
355
852
1,553
521
352
680
1,148
350
228
570
1,692
352
612
728
1,504
431
302
770
1,709
686
296
727
1,620
522
370
728
1,519
414
409
696
1,782
655
383
743
1,642
556
369
717
1,623
500
399
724
1,521
496
344
682
1,570
428
435
707
1,270
310
311
649
13
14
15
16
15,604
2,409
1,145
899
15,512
2,102
1,066
806
14,716
2,846
1,834
817
14,838
3,368
1,974
1,247
14,369
3,505
1,503
1,742
14,701
3,427
1,809
1,521
13,409
3,063
1,443
1,468
12,647
3,014
1,326
1,486
12,332
2,586
849
1,583
16,165
2,830
1,571
894
14,777
1,933
933
769
14,699
2,708
1,676
838
15,029
3,254
1,840
1,267
14,927
3,976
1,989
1,727
13,908
3,136
1,584
1,454
13,443
2,972
1,295
1,526
12,848
2,924
1,212
1,510
12,693
2,887
1,167
1,565
17
18
19
20
1,263
964
4,538
2,327
1,340
1,014
4,575
2,463
1,207
910
4,412
2,143
1,158
877
4,437
2,109
1,115
769
4,373
2,103
1,180
765
4,504
2,208
1,067
619
4,243
1,984
978
647
3,840
1,910
993
591
3,964
1,902
1,328
979
4,535
2,317
1,251
988
4,418
2,314
1,206
933
4,381
2,198
1,182
864
4,628
2,211
1,172
780
4,359
2,091
1,101
746
4,350
2,071
1,067
638
4,236
2,038
1,000
637
4,016
2,005
1,044
6023,947
1,890
21
22
23
24
197
857
3,050
1,290
309
884
2,824
1,144
189
797
2,212
891
204
852
1,834
434
147
719
1,638
269
270
672
1,676
310
190
576
1,667
493
172
493
1,591
445
132
459
1,705
637
236
884
3,056
1,290
257
848
2,767
1,144
190
837
2,245
891
217
820
1,853
434
170
734
1,645
269
228
651
1,626
310
196
602
1,693
493
184
473
1,609
445
144
468
1,711
637
25
26
27
28
19,580
21,296
19,402
19,895
18,764
19,440
17,770
16,704
16,981
19,845
20,746
19,854
19,728
19,000
18,896
18,155
16,627
17,179
29
15,799
3,140
487
1,381
1,272
12,659
2,760
1,044
4,233
569
2,593
2,165
1,459
16,748
3,335
568
1,447
1,320
13,414
3,025
1,094
4,496
655
2,639
2,197
1,504
15,890
3,144
500
1,432
1,212
12,747
3,013
1,000
4,246
504
2,591
2,179
1,393
16,086
3,301
569
1,480
1,252
12,785
2,816
1,049
4,268
504
2,738
2,295
1,411
15,364
3,092
507
1,360
1,225
12,272
2,729
934
4,158
521
2,588
2,150
1,342
16,111
3,455
557
1,614
1,284
12,656
2,782
963
4,036
541
2,860
2,415
1,474
15,104
3,329
529
1,562
1,237
11,775
2,642
876
3,862
399
2,690
2,282
1,306
14,202
3,062
455
1,431
1,176
11,140
2,153
931
3,611
335
2,870
2,476
1,242
13,313
3,061
402
1,496
1,163
10,253
1,672
798
3,324
303
2,878
2,542
1,278
16,016
3,224
504
1,427
1,293
12,792
2,885
1,081
4,214
551
2,596
2,178
1,465
16,189
3,197
537
1,400
1,260
12,991
2,885
1,059
4,384
573
2,646
2,209
1,444
16,234
3,212
531
1,431
1,251
13,021
2,988
1,038
4,372
552
2,643
2,216
1,429
16,086
3,286
552
1,482
1,251
12,800
2,856
1,008
4,272
556
2,677
2,235
1,430
15,571
3,181
524
1,413
1,244
12,390
2,828
967
4,139
508
2,600
2,171
1,349
15,610
3,311
525
1,559
1,227
12,299
2,677
934
3,942
478
2,856
2,418
1,414
15,404
3,392
561
1,557
1,273
12,012
2,623
910
3,957
439
2,745
2,322
1,339
14,196
3,056
439
1,438
1,179
11,140
2,178
893
3,628
371
2,808
2,413
1,262
13,486
3,152
416
1,555
1,181
10,334
1,725
828
3,308
292
2,899
2,569
1,282
30
31
32
33
34
35
36
37
38
39
40
41
42
3,317
2,054
464
3,952
2,753
595
3,014
1,831
497
3,184
1,975
625
2,837
1,678
563
2,625
1,309
705
2,099
900
567
2,123
938
380
3,138
1,849
529
3,365
2,078
464
3,967
2,828
591
3,124
1,910
497
3,011
1,797
631
2,868
1,686
562
2,585
1,334
701
2,184
952
567
2,047
854
385
3,165
1,852
528
4S
4^
45
4,520
5,391
4,278
4,172
4,139
4,697
3,638
3,440
4,006
4,467
4,950
4,853
4,091
4,065
4,324
4,146
3,379
3,940
46
2,773
2,178
2,784
2,069
2,092
1,999
2,193
1,872
2,490
1,834
2,657
1,489
1,924
1,455
2,767
1,173
47
48
2,548
1,972
3,207
2,185
2,280
1,999
2,103
2,069
2,268
1,871
2,864
1,834
2,198
1,440
1,933
1,507
2,835
1,172
2,488
1,979
1,058
851
2,611
1,270
921
3,200
878
783
2,617
799
755
2,618
653
695
2,791
991
715
2,991
630
493
2,515
656
565
2,219
961
438
2,608
1,049
884
2,534
1,053
857
3,040
1,191
809
2,853
712
760
2,619
649
718
2,697
820
675
2,829
863
509
2,774
598
566
2,216
973
453
2,514
49
50
51
4,077
4,222
3,823
3,746
3,598
3,878
3,423
3,408
3,358
4,099
4,032
3,951
3,786
3,614
3,705
3,531
3,457
3,376
52
1,787
2,130
160
1,896
2,176
150
1,676
2,016
132
1,617
2,014
115
1,499
1,999
100
1,674
2,099
105
1,397
1,941
86
1,380
1,932
95
1,335
1,903
120
1,841
2,109
150
1,760
2,125
146
1,742
2,063
146
1,633
2,039
114
1,547
1,972
94
1,553
2,049
103
1,447
1,989
95
1,402
1,960
94
1,383
1,881
113
53
54
55
56
905
1,052
1,015
1,206
1,382
1,585
1,579
1,993
1,607
905
1,052
1,015
1,206
1,382
1,585
1,579
1,993
1,607
2,302
2,544
2,448
2,676
2,450
2,520
2,586
2,445
2,315
2,332
2,488
2,574
2,577
2,463
2,466
2,717
2,354
2,332
57
1,178
1,124
1,355
1,190
1,324
1,124
1,335
1,341
1,226
1,224
1,274
1,246
1,150
1,436
1,248
1,197
1,170
1,145
1,209
1,123
1,329
1,158
1,339
1,235
1,315
1,262
1,250
1,213
1,256
1,210
1,157
1,559
1,234
1,121
1,189
1,143
58
59
50
SURVEY OF CURRENT BUSINESS
June 1983
Table 3.—U.S. Merchandise
[Millions
Line
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
60 Merchandise imports Census basis
56,364
70,473
102,576
98,509
123,478
150.390
174,757
209,458
244 871
261 305
243 941
61
Foods feeds and beverages
7,264
9112
10,568
9,642
11 546
13,981
15397
17366
18127
18 113
17 118
62
Coffee cocoa and sugar
2,164
2,707
4,069
3,747
4,144
5,468
5118
5349
6255
5230
3917
1,182
832
1,570
925
1,505
2247
1,561
1 865
2,632
1 154
3,910
1 076
3728
723
3820
974
3872
1988
2622
2142
2730
863
5099
6405
6,499
5,895
7402
8513
10279
12017
11872
12882
13201
1245
1,201
812
824
1696
1,384
954
1,000
1,381
1,491
986
1,029
1,174
1,344
972
1,033
1,480
1,842
1 162
1,174
1316
2,041
1490
1,287
1908
2,198
1681
1,744
2590
2,625
1874
2,014
2404
2*599
1946
2,233
2051
2950
2625
2,399
2125
3132
2448
2513
20,689
27,137
53,049
50,645
62,925
78,333
82,380
106,348
129,211
131,423
108 202
5,213
4,699
8,830
8,294
27,342
26,463
28,480
27,044
36,986
34,598
47,598
44,961
45,573
42,197
63,930
59,888
83,788
78,795
82,058
77,107
66365
60,835
63
64
65
66
67
68
69
70
..
Green coffee
Cane sugar
Other foods feeds and beverages
Meat products and poultry
Fish and shellfish
Vegetables fruits nuts and preparations
Whiskey and other alcoholic beverages
Industrial supplies and materials
71
72
Fuels and lubricants 9 l °
Petroleum and products
73
Paper and paper base stocks
1,724
2,090
2,969
2,716
3,340
3,604
3,996
4,801
5269
5603
5271
74
Materials associated with nondurable goods and farm output,
n.e.s.
Textile supplies and materials
Tobacco unmanufactured
Chemicals excluding medicinal
Other (hides, copra, materials for making photos, drugs, dyes) ...
3,704
4,161
5,670
4,953
6,093
6,741
8,164
9,253
10,175
11,863
11,361
1,538
157
1,130
878
1,594
191
1,346
1,029
1,597
254
2,498
1,320
1,178
343
2,229
1,203
1,574
392
2,579
1,548
1,584
322
3,068
1,767
1,951
399
3,765
2,049
1,851
439
4,531
2,432
2040
455
5187
2,492
2555
633
5966
2,709
2269
740
5711
2,641
75
76
77
78
11
79
Building materials except metals
1 990
2,472
1,993
1,556
2,396
3,312
4,388
4,840
3734
3716
3 176
80
81
82
83
84
85
Materials associated with durable goods output, n e s 1 °
Steelmaking materials
Iron and steel products
Other metals, primary and advanced, including advanced steelPrecious metals (gold silver platinum)
Nonmetals (oils, gums, resins, minerals, rubber, tires, etc.)
8,057
758
3,071
3,236
608
992
9,584
970
3,196
4,050
964
1,368
15,075
1,356
5,559
6,124
1,525
2,035
12,940
1,744
4,606
4,826
1,128
1,764
14,110
1,872
4,380
5,787
1,001
2,071
17078
1,852
6001
6,729
1327
2,495
20258
1,848
7125
8,522
1815
2,763
23525
2,202
7,304
10,650
3,375
3,370
26245
2,161
6720
13,795
5716
3,569
28182
2,588
9131
12,514
4134
3,948
22029
1369
7269
10,073
3486
3,317
5,836
7,902
9,734
10,143
12,279
13,954
19,643
25,038
30,463
36,624
38,153
5,369
7,268
9,055
9,505
11,812
13,280
18,455
23,046
27,015
32,632
34529
1,550
3819
945
2,353
4915
1,086
3,096
5,959
1,178
2,899
6,605
1,261
4,430
7382
1,321
4,365
8916
1,670
5,861
12,594
2,865
7,764
15,282
3,056
7,945
19070
3,696
9,452
23 180
5,555
10,548
23982
5,845
1 155
497
665
557
1 552
667
878
732
2,075
850
977
879
2,423
998
1,014
909
2582
1,056
1,287
1,136
3112
1,174
1497
1,464
4,274
1,367
2,143
1,946
5,599
1,982
2,401
2,243
6545
1,823
4451
2,555
7748
1,689
5,204
2,984
7424
1,278
6165
3,270
467
634
679
638
466
674
1,188
1,992
3,448
3,992
3,624
436
58
595
81
636
97
548
81
406
94
592
265
982
231
1,518
517
2984
964
3749
1,339
3432
1,132
9,634
11,337
12,358
12,065
16,768
19,388
25,095
26,488
27,978
30,815
34,304
5281
4352
5961
5,376
5603
6,755
5818
6,247
8011
8,758
9267
10,121
10522
14,572
9725
16,763
8786
19,193
10627
20,189
13292
21013
5730
1 129
2,774
6526
1282
3,529
7,307
1 452
3,598
7,135
1302
3,628
8,947
2062
5,760
10651
2634
6,103
13,674
3709
7,712
14,842
3759
7,888
16819
4067
7,092
17,768
4 844
8,203
20280
5212
8,812
11 111
12890
14380
13,211
17,165
21796
28,943
30,566
34445
38664
39658
6,224
2,045
4124
1,867
762
7,110
2,304
4786
2,132
994
8,256
2,164
5166
2,288
958
6,805
1,645
5,479
2,490
927
8,405
2,211
7,488
3,533
1,272
11,760
3,929
8285
3,986
1,751
15,326
4,485
11,251
5,356
2,367
16,233
4,019
11996
5,665
2,337
18,461
4,321
13066
6,508
2,918
20,766
5,706
14928
7,774
2,969
20,868
5575
16164
8,409
2,626
1,832
2,095
2,486
2,802
2,795
2,938
3,298
3,651
4,647
5,667
6,505
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
Capital goods, except automotive
Machinery, except consumer-type
Electrical and electronic, and parts and attachments
Nonelectrical and parts and attachments
Construction, textile and other specialized industry machinery and nonfarm tractors.
Other industrial machinery n e s
Agricultural machinery and farm tractors
Business and office machines computers, etc .
Scientific, professional and service industry equipment
Transportation equipment, except automotive
Civilian aircraft engines parts
Civilian aircraft complete, all types
Automotive vehicles, parts, and engines
From Canada
From all other areas
101
102
103
Passenger cars new and used
Trucks buses and special vehicles
Bodies, engines parts and accessories, n.e.s
104
Consumer goods (nonfood) except automotive
105
106
107
108
109
110
Consumer durables manufactured
Electric household appliances radio television
Consumer nondurables manufactured
Textile products, except rugs
Unmanufactured consumer goods (gems, nursery stock)
Imports, n.e.s. (low value, U.S. goods returned, military aircraft,
movies, exhibits).
See footnotes on page 57.
,
SURVEY OF CURRENT BUSINESS
June 1983
51
Trade—Continued
of dollars]
Not seasonally adjusted
Seasonally adjusted
1982
1981
I
I
1983
I
III
IV
64,462
66,199
65,300
65,344
4,890
4,542
4,429
4,251
1,021
1,556
1,296
1,091
751
259
666
191
798
659
624
536
3,392
3,493
3,401
3,335
644
855
520
653
498
876
514
737
533
783
697
579
563
816
566
630
24,933
27,993
26,516
23,501
14,067
12,897
17,766
16,471
16,754
15,183
12,969
11,110
III
IV
l»
61,694
60,497
62,808
58,942
58,053
3,759
4,380
4,408
4,571
4,422
1,376
946
876
1,016
1,078
495
422
658
647
626
210
636
165
716
230
3,419
3,105
3,080
2,813
3,504
493
774
832
592
544
713
629
568
450
730
479
699
408
586
679
494
575
815
735
629
34,290
34,341
31,655
31,136
28,760
22,530
21,161
21,313
20,179
19,396
18,180
18,820
17,586
17,779
16,284
II
IV
65,064
66,752
63,716
65,774
4,854
4,666
4,136
4,456
1,575
1,247
1,032
866
586
603
487
3,279
563
733
684
541
1983
1982
II
II
II
1981
Line
II
III
IV
I"
61,230
59,848
64,379
58,484
57,867
60
3,730
4,285
4,681
4,422
4,425
61
1,287
898
898
1,092
1,029
963
62
555
398
645
549
574
236
648
186
786
225
722
217
618
212
63
64
3,246
3,338
2,964
2,832
3,387
3,589
3,393
3,462
65
493
754
679
593
544
685
821
573
450
695
559
604
408
657
545
579
575
802
622
633
644
830
654
660
498
843
626
640
533
869
570
677
66
67
68
69
33,197
34,408
32,689
31,129
27,825
24,950
28,985
26,441
22,670
70
21,308
20,130
21,810
20,657
20,272
18,885
18,668
17,435
16,719
15,424
14,447
13,255
18,613
17,134
16,586
15,022
12,073
10,466
71
72
I
1,408
1,424
1,295
1,476
1,348
1,374
1,266
1,283
1,227
1,364
1,378
1,377
1,485
1,307
1,328
1,349
1,287
1,192
73
3,039
3,056
2,895
2,874
2,942
3,028
2,860
2,531
3,198
2,945
2,922
3,006
2,991
2,851
2,905
2,980
2,625
3,100
74
629
172
1,498
739
626
184
1,580
665
644
147
1,472
632
655
130
1,415
672
615
230
1,392
705
606
240
1,529
653
555
174
1,479
652
493
95
1,311
631
577
240
1,671
710
621
134
1,487
703
605
137
1,531
649
653
160
1,524
668
676
203
1,423
689
610
190
1,383
669
589
190
1,482
644
560
200
1,530
689
511
159
1,316
640
572
195
1,663
670
75
76
77
78
964
1,105
861
786
589
834
936
818
957
1,028
1,042
826
820
634
787
899
856
1,020
79
6,350
484
1,658
3,190
1,054
1,018
7,444
752
2,341
3,354
1,099
997
7,207
729
2,586
2,906
901
986
7,181
622
2,546
3,064
1,081
948
6,102
391
2,138
2,719
887
855
5,630
386
1,979
2,388
630
878
5,165
333
1,669
2,366
808
797
5,131
259
1,484
2,600
1,160
787
5,150
189
1,406
2,690
1,169
866
6,551
618
1,785
3,145
1,054
1,003
7,257
691
2,349
3,231
1,099
986
7,208
664
2,526
3,021
901
997
7,166
615
2,471
3,116
1,081
963
6,314
494
2,296
2,680
887
844
5,484
340
1,957
2,317
630
870
5,144
291
1,608
2,439
808
805
5,087
244
1,408
2,637
1,160
798
5,285
228
1,541
2,659
1,169
856
80
81
82
83
84
85
8,396
9,077
9,271
9,880
9,742
10,176
9,602
8,632
9,074
8,540
8,839
9,359
9,886
9,931
9,947
9,672
8,603
9,300
86
7,398
8,114
8,393
8,727
8,761
9,211
8,826
7,732
8,148
7,541
7,914
8,438
8,739
8,951
9,018
8,853
7,708
8,376
87
2,083
5,315
1,218
2,304
5,810
1,364
2,477
5,916
1,494
2,588
6,140
1,478
2,370
6,391
1,932
2,641
6,570
1,745
2,934
5,892
1,295
2,603
5,128
873
2,695
5,453
852
2,212
5,328
1,203
2,288
5,627
1,327
2,414
6,024
1,495
2,538
6,201
1,530
2,518
6,432
1,918
2,622
6,396
1,714
2,855
5,998
1,300
2,552
5,155
912
2,864
5,511
839
88
89
90
1,779
429
1,192
697
1,920
497
1,300
729
2,034
379
1,246
762
2,015
384
1,466
795
1,944
367
1,372
776
2,097
376
1,532
820
1,847
271
1,631
848
1,536
263
1,630
826
1,607
306
1,763
924
1,793
399
1,223
709
1,846
442
1,289
724
2,071
425
1,277
756
2,038
424
1,415
794
1,967
344
1,411
792
2,017
337
1,512
815
1,884
307
1,669
839
1,556
289
1,573
825
1,626
284
1,817
945
91
92
93
94
998
963
878
1,152
982
965
111
901
926
1,000
924
921
1,147
980
929
819
895
925
95
940
297
894
264
820
278
1,096
500
925
363
900
311
736
184
872
274
898
325
941
297
856
264
862
278
1,090
500
924
363
864
311
778
184
866
274
897
325
96
97
7,427
8,154
7,012
8,222
8,347
9,656
8,379
7,922
9,513
7,140
7,714
7,824
8,136
7,992
9,105
9,371
7,836
9,220
98
2,296
5,131
2,870
5,284
2,347
4,665
3,113
5,109
2,968
5,379
4,095
5,561
3,221
5,158
3,008
4,914
3,726
5,786
2,232
4,909
2,700
5,014
2,838
4,986
2,857
5,279
2,839
5,153
3,839
5,266
3,858
5,513
2,755
5,081
3,657
5,563
99
100
4,366
1,102
1,960
4,845
1,172
2,137
3,903
1,175
1,934
4,655
1,396
2,172
5,054
1,429
1,865
5,641
1,525
2,490
4,780
1,174
2,426
4,805
1,084
2,032
5,714
1,250
2,549
4,084
1,073
1,983
4,506
1,165
2,044
4,442
1,329
2,052
4,736
1,277
2,123
4,722
1,387
1,884
5,220
1,512
2,373
5,461
1,341
2,570
4,876
973
1,986
5,368
1,235
2,618
101
103
103
-
8,725
9,134
10,293
10,512
9,578
9,352
10,882
9,847
10,113
9,287
9,359
9,610
10,408
10,207
9,628
10,065
9,758
10,789
104
4,610
1,174
3,324
1,634
791
4,894
1,329
3,483
1,823
758
5,316
1,546
4,260
2,298
717
5,947
1,657
3,861
2,020
703
5,211
1,335
3,678
1,902
688
4,911
1,317
3,833
2,009
608
5,428
1,516
4,822
2,558
632
5,318
1,407
3,831
1,940
697
5,036
1,251
4,350
2,219
727
4,971
1,323
3,520
1,777
796
4,987
1,381
3,608
1,877
764
5,184
1,459
3,712
1,939
715
5,624
1,542
4,089
2,181
694
5,599
1,488
3,914
2,072
694
5,023
1,364
3,988
2,070
617
5,243
1,422
4,192
2,162
630
5,003
1,301
4,070
2,106
686
5,420
1,394
4,635
2,422
734
105
106
107
108
109
1,371
1,380
1,349
1,568
1,508
2,000
1,544
1,453
1,430
1,407
1,336
1,389
1,534
1,544
1,933
1,604
1,424
1,462
110
52
SURVEY OF CURRENT BUSINESS
June 1983
Table 4.—Selected U.S. Government Transactions
[Millions of dollars]
19 Bl
U.S. Government grants (excluding military) and transactions increasing Government assets, 14,331 14,046 15,479
total.
Al
1983
19 32
I
II
III
IV
I
II
III
IV
I"
3,377
3,531
3,645
3,494
3,365
3,639
4,550
3,926
3,353
1,100
25
1075
1086
22
1063
1,770
288
1,482
919
71
848
3,474
257
2018
1,069
130
2,250
252
1865
29
104
2,504
415
1 960
15
113
By category
2
3
4
Grants net (table 1 line 34 with
sign reversed)
Financing military purchases 1
Other grants
4,709
750
3959
4,549
317
4,232
5,413
754
4,659
960
960
988
129
859
1,258
121
1 137
1,343
67
1,276
1,458
419
1039
5
6
7
8
9
Loans and other long-term assets (table 1, line 44, with sign reversed)
Capital subscriptions and contributions to international financial institutions, excluding IMF
Credits repayable in U S dollars
Credits repayable in other than U.S. dollars
Other long-term assets
9,897
796
8710
13
379
9,717 10,117
1,142 1,007
8,119 7,491
2 1,147
454
472
2,598
195
2303
-4
104
2,373
323
1 949
4
98
2,439
316
2001
-4
126
2,307
308
1866
7
127
1,858 2,536
213
285
1 518 2089
6
44
120
118
Foreign currency holdings and short-term assets net (table 1 line 46 with sign reversed)
Foreign currency holdings (excluding administrative cash holdings), net
Receipts from —
Sales of agricultural commodities
Interest
Repayments of principal
...
..
.
Reverse grants
Other sources
•
•
....
Less disbursements for —
Grants and credits in the recipient's currency
• •
...
Other grants and credits
Other U S Government expenditures
Other assets held under Commodity Credit Corporation
Charter Act, net
Assets financing military sales contracts net 2
Other short-term assets (incuding changes in administrative cash holdings) net
274
-140
-220
-59
-51
-80
-181
-41
169
-28
51
4
157
6
50
3
3
-16
10
32
94
-35
69
-26
(*)
59
116
68
70
122
16
49
118
(*)
22
36
14
14
36
25
19
26
29
16
24
4
13
46
3
14
29
3
11
19
6
11
25
2
16
18
18
17
13
1
10
4
3
3
4
4
2
7
25
15
1
5
317
306
-133
-211
10
4
262
23
13
3
84
-105
5
2
4
1
3
68
76
58
31
66
14
65
12
2
4
73
-33
18
97
-47
4
3
58
16
51
11
6
-36
244
21
180
16
6
10
-27
33
316
323
308
598
531
319
1 494 1 579 1966
735
681
818
377
291
114
48
60
42
68
97
58
60
288
-54
213
232
1945
663
159
62
58
150
257
285
443
530
2065 1998
614
478
123 7 i iso
34
47
66
65
138
128
252
231
2808
520
102
38
73
48
415
287
1 941
547
110
41
51
63
10
11
12
13
14
15
16
17
18
19
20
21
22
_1
50
796
1,582
7563
3374
906
193
317
235
1,142
1,765
7018
3,075
905
209
306
240
7
By program
1,007
195
1,435
318
8816 1980
2,274
841
1 564
123
181
59
262
84
465
54
23
24
25
26
27
28
29
30
Capital subscriptions and contributions to international financial institutions, excluding IMF
Under farm product disposal programs. . .
Under Foreign Assistance Act and related programs
Under Export-Import Bank Act .
. .
Other assistance programs
Other foreign currency- assets acquired (lines A13 A14, and A16)
Less foreign currencies used by U.S. Government other than for grants or credits (line A 19)
Other (including changes in administrative cash holdings), net
31
32
33
34
35
36
37
38
39
40
42
Estimated transactions involving no direct dollar outflow from the United States
10,102 10,115 10,054 2,580
Expenditures on U.S. merchandise
6,097 6,029 5,166 1,477
Expenditures on U S services 4
1 602 1 981 1 920
463
Financing of military sales contracts by U S Government 5 (line C6)
... .
1 974 1744 2788
739
By long-term credits 1
1224 1 448 2216
739
By short-term
credits
.
..
..
By grants l
296
750
573
U.S. Government grants and credits to repay prior U S Government credits l 4
484
535
442
64
366
27
U.S. Government long- and short-term credits to repay prior U.S. private credits
644
85
Increase in liabilities associated with U.S. Government grants
and
transactions
increasing
1
1
8
-1
Government assets (including changes in retained accounts) 6 (line Cll).
Less receipts on short-term U S Government assets (a) financing military sales contracts l and
382
235
93
105
(b) financing repayments of private credits.
Less foreign currencies used by U.S. Government other than for grants or credits (line A19)
306
262
84
317
43
Estimated dollar payments to foreign countries and international financial institutions
By disposition 3
41
Bl Repayments on U.S. Government long-term assets, total (table 1, line 45)
2
Receipts of principal on U.S. Government credits
3
Under farm product disposal programs
4
Under Foreign Assistance Act and related programs
5
Under Export-Import Bank Act
6
Other assistance programs
7
Cl
2
3
4
5
6
7
8
9
10
Receipts on other long-term assets
U.S. Government liabilities other than securities, total, net increase ( + ) (table 1, line 61)
Associated with military sales contracts 2
U.S. Government cash receipts from foreign governments 1(including principal repayments on
credits financing military sales contracts), net of refunds.
Less U S Government receipts from principal repayments
Less U.S. Treasury securities issued in connection with prepayments for military purchases, in
the United States.
Plus financing of military sales contracts by U S Government 5 (line A34)
By long-term credits x
By short-term credits
By grants 1
Less transfers of goods and
services (including transfers financed by grants for military
purchases, and by credits)1 2 (table 1, line 3).
11
Associated with U.S. Government grants
and transactions increasing Government assets (including changes in retained accounts) 6 (line A40).
12
13
14
15
Associated with other liabilities
Sales of nuclear materials by Department of Energy
Other sales and miscellaneous operations
German Government 10-year loan to U S Government
See footnotes on page 57.
2,540
1,644
544
339
210
2,621
1,544
544
317
196
2,373
1,364
429
350
304
2,285
1,204
475
538
263
2,640
1,449
537
629
612
2,558
1,331
523
602
586
2,570
1,182
384
1,020
755
2,211
1,183
526
474
431
129
149
6
1
121
216
152
(*)
46
107
181
1
275
108
19
(*)
17
107
6
3
16
137
55
6
265
91
5
-1
43
68
35
1
47
84
97
68
58
58
66
65
73
51
1,079
998
1,992
1,356
1,143
1,054
912
63
388
397
64
973
859
49
313
433
64
1,319
1208
155
382
392
279
1,260
1 146
35
317
454
341
114
112
8
4,229
3,932
5,425
796
990
1,024
1,121
4,488
4080
303
1 209
1,369
1 199
4,419
3984
289
1 299
1,463
933
4,334
3856
332
1367
1,619
538
949
844
46
247
341
209
1,082
974
60
403
347
164
1,121
1012
53
303
333
323
1,268
1 154
130
345
441
238
989
876
66
284
396
130
408
435
479
105
107
685
-28
504
101
-71
-384
180
813
8,917 11,953
274
2,321
33
2,545
831
8,365
109
24
8
31
8
38
8
26
114
112
141
326
75
459
279
1,599
218
2,452
262
3,726
298
2,592
92
1,955
161
3,681
165
141
1,331 -1,034
-160
130
114
-390
263
1,990
576
752
594
160
602
1,230
124
603
167
222
145
-742
158
77
133
1,122
172
-511
132
-712
1974
1,224
1744
1,448
2788
2,216
739
739
339
210
317
196
350
304
538
263
629
612
602
586
1020
755
474
431
750
8,181
296
573
9,727 12,097
2,059
129
2,527
121
2,792
46
2,349
275
2,746
17
3,262
16
3,045
265
3,043
43
3,621
1
1
8
-1
1
(*)
1
(*)
3
6
-1
1
147
80
8
75
208
134
26
100
316
-228
-88
171
54
-118
39
16
76
100
105
43
-61
108
21
129
187
76
-111
159
20
139
258
183
75
30
U
42
128
83
46
SURVEY OF CURRENT BUSINESS
June 1983
53
Table 5.—Direct Investment: Income and Capital
[Millions of dollars]
19 Bl
19 32
1983
T i«Q
I
II
8626
8,267
8506
7,777
6527
6,784
III
IV
I
II
III
IV
I"
6 052
6,555
5 850
6,604
4 976
5,131
6 009
6,449
4 367
5,636
U.S. direct investment abroad:
32446
31,976
22888
24,740
-1,624
470
- 1,852
359
729
-257
362
503
754
155
440
1 269
20,129
18,963
17,565
4,458
4,971
4,223
5,311
4,724
4,734
3,795
4,312
2,957
590
10,787
8,753
17,017
178
9,553
9232
13,483
1 696
10,658
8602
5,323
159
1,884
2416
4,168
36
2,398
2538
3,535
98
2,043
2081
2,305
114
3,228
2 198
3,475
53
2473
2304
1,328
291
3091
1934
1,116
593
2 126
2263
1,181
759
2968
2 102
1,698
556
1 633
1880
1,410
-19,222
-9,680
3,008
-2,419
-5,557
-644
-1,060
-658
-2,205
-2,289
3076
-6,578
3502
787
-3,506
4,294
84
-17,017
3,803
6,628
7
-6,668
6661
6,635
-1,540
8,175
-2,825
-13,483
8,331
10,225
4285
-7,691
3406
14,510
1,518
12,993
-1,894
-5,323
1,749
1,639
473
-1,264
791
2,112
-1 662
3,774
110
-4,168
-2,022
-511
890
-861
1 750
-1,400
-1,657
257
-1,511
-3,535
1,660
3,070
638
-1,539
900
3,708
664
3,045
-1,410
-2,305
2,416
2,430
215
-3,005
3220
2,215
1 115
1,100
-14
-3,475
670
406
1 278
-2,525
1 247
1,683
- 580
2,264
265
-1,328
37,146
13,181
11,053
12911
-1,624
-2,149
353
172
20,129
32,446
13,292
8,188
10966
470
963
26
-519
18,963
22,888
10,333
5,209
7346
-1,852
870
-1,495
-1,227
17,565
8626
4,021
2,101
2504
359
458
144
-241
4,458
8,506
3,745
2,260
2501
729
765
240
-275
4,971
6527
2,974
997
2557
-257
143
-269
-130
4,223
8787
2,552
2830
3404
-362
402
-88
128
5,311
6052
2,888
1245
1920
-503
522
-482
544
4,724
5850
2,474
1 592
1 785
-754
301
-580
475
4,734
4976
2,725
626
1 625
-155
360
-366
148
3,795
6009
2247
1 746
2 016
-440
313
67
60
4,312
4367
2381
699
1 286
-1,269
161
-906
202
2,957
8548
4,987
6594
17,017
9 132
4,693
5 138
13,483
9953
4,087
3524
5,323
2318
980
1 161
4,168
2678
1,117
1 176
3,535
2079
1,043
1 101
2,305
2057
1,554
1700
3,475
2603
1,060
1 061
1,328
2792
1,062
880
1,116
2 174
1 005
616
1,181
2384
961
967
1,698
1718
900
339
1,410
4633
6066
6317
-2,205
2600
-3,759
1 045
4 160
3495
5828
3,803
1 117
623
2063
380
1 122
3821
8,331
3903
596
11 639
1 703
1 122
1 343
1,749
1 697
377
325
1 067
1 143
1 325
-2,022
766
-1,797
541
895
46
1 455
1,660
636
1,267
1 030
495
1276
1704
2,416
822
777
817
284
186
859
670
913
-801
2385
318
530
904
2,374
1 340
330
3384
550
379
1 009
1,688
1 175
359
2503
137
785
1 049
3,599
475
708
3366
Income (table 1, line 27)
Income before addition (deduction) of capital gains
(losses).
Capital gains (losses)
-9,470
-7,794
-7,454
-7,600
-4,844
-4,864
-1 824
-1,720
146
20
104
53
231
33
167
211
28
386
-183
Interest, dividends, and earnings of unincorporated
affiliates (table 1, line 28).
Interest
Dividends . . .
Earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates (table 1,
line 29).
Capital (inflow ( + )) (table 1, line 65)
-3,303
-3,694
-5,008
-865
-890
-870
-1,069
-990
-1,088
-1,526
-1,404
-1,324
-890
1 448
-965
-6,167
-1,088
1878
-728
-3,760
-2,070
2252
-685
164
-217
423
-225
-959
-230
516
-144
-1,210
-269
463
-138
-1,080
-372
475
-221
-512
-464
413
-114
-137
-498
564
-26
-9
-588
-536
-402
150
-521
739
-144
161
-512
-412
-400
-56
13,666
21,998
10,390
2,775
4,528
4,702
9,993
2,081
2892
2,636
2,781
1,625
Equity and intercompany accounts (table 1, line 66)
Incorporated affiliates
Eouitv
Increase l2
Decrease
Intercompany accounts
U.S. affiliates' payables
U.S. affiliates' receivables
Unincorporated affiliates .
Reinvested earnings of incorporated affiliates (table 1,
line 67).
By industry of affiliate: 3
Income (line 40)
Petroleum
Manufacturing
Other
Of which capital gains (losses) (line 42)
Petroleum
,
Manufacturing
Other
Interest, dividends, and earnings of unincorporated affili- .
ates (line 43).
Petroleum
Manufacturing
Other
Reinvested earnings of incorporated affiliates (line 47, or
line 58 with sign reversed).
Petroleum
Manufacturing
Other
Equity and intercompany accounts (inflow ( + )) (line 49)....
Petroleum
Manufacturing
Other
...
..
7,500
6,501
5762
6,273
511
738
3,119
-2,380
999
6,167
18,238
16,974
10938
11,800
862
6,035
7,159
-1,124
1,264
3,760
10,554
9,918
5399
7,517
2 118
4,519
4,483
36
636
-164
1,816
1,611
1422
1,474
53
189
1,094
-905
206
959
3,318
3,058
1929
2,007
78
1,130
1,020
109
260
1,210
3,622
3,448
2715
2,814
99
733
671
62
174
1,080
9,481
8,857
4873
5,505
632
3,984
4,375
-391
624
512
1,944
2,058
58
1,742
1 684
1,999
1,651
349
-114
137
2,883
2,633
1 604
1,862
258
1,030
968
62
250
9
2,785
2,657
2302
2,370
68
355
1,176
-821
128
-150
2,942
2,569
1 434
1,543
109
1,135
688
447
372
-161
1,568
1,415
612
647
35
803
820
-17
154
56
-9,470
-3,467
-2,390
3613
-1,676
1
-1,090
-588
-3,303
-7,454
-3,392
-934
3 128
146
-14
-89
249
-3,694
-4,844
-2,831
-21
1992
20
-20
-99
139
-5,008
-1,824
-893
-175
756
-104
-8
-53
-43
-865
-2,099
-967
-473
-659
53
1
-44
96
-890
-1,950
-736
-339
-875
231
-2
-31
264
-870
-1,581
-797
53
-838
-33
-5
40
-69
-1,069
-1,127
-747
-94
-287
167
-2
10
158
-990
-1,097
-763
19
353
211
-6
-22
239
-1,088
-1,376
-857
36
-555
28
-29
-20
77
-1,526
-1,243
-465
18
-796
-386
17
-68
-335
-1,404
-1,380
-488
4
-896
-183
-15
26
-194
-1,324
-735
-941
-1,628
-6,167
-1,026
-1,135
-1,532
-3,760
-1,329
-1,478
-2,200
164
-221
-278
-366
-959
-263
-251
-376
-1,210
-295
-263
-312
-1,080
-246
-344
-479
-512
-229
-357
-404
-137
-425
-274
-388
-9
-396
-347
-782
150
-279
-500
-626
161
-303
-320
-700
-56
-2,732
-1,449
- 1,985
7,500
-276
2,826
4,950
-2,366
202
-1,596
18,238
3,274
4,990
9,974
-1,502
1,458
209
10,554
981
3,627
5,946
-672
103
-390
1,816
313
558
944
-704
-222
-284
3,318
286
1,384
1,649
-441
-76
-563
3,622
1,314
1,401
907
-550
397
-359
9,481
1,361
1,647
6,473
-518
264
117
1,944
181
1,548
215
-338
293
35
2,883
60
640
2,183
-461
384
227
2,785
227
1,024
1,534
-186
517
-170
2,942
513
415
2,014
-184
324
-196
1,568
-17
-82
1,667
Income (table 1 line 11)
Income before addition (deduction) of capital gains
(losses).
Capital gains (losses)
1
2
3
4
Interest, dividends, and earnings of unincorporated
affiliates (table 1, line 12).
Interest ....
Dividends
Karnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates (table 1,
line 13).
5
6
7
8
9
Capital (outflow (-)) (table 1, line 48)
10
11
12
13
14
15
16
17
18
19
Equity and intercompany accounts (table 1, line 49)
Incorporated affiliates
Equity
Increase12
Decrease
Intercompany accounts
U S. parents' receivables
U.S. parents' payables
Unincorporated affiliates
Reinvested earnings of incorporated affiliates (table 1,
line 50).
37 146
38,770
8787
9,149
1,258
507
1,902
-731
2,374
3,995
1459
-1,952
493
5,453
118
5,571
-1,620
-1,116
1,688
2,742
545
-1,207
662
3,287
290
2,997
-1,054
-1,181
3,599
3,083
1 003
2008
1005
4,087
1 926
2,160
516
-1,698
679
n.a.
na
na
na
na
na
n.a.
-1,410
By industry of affiliate: 3
20
21
22
23
24
25
26
27
28
Income (line 1)
Petroleum
Manufacturing
Other
Of which capital gains (losses) (line 3)
Petroleum
*
Manufacturing
Other
Interest, dividends, and earnings of unincorporated affiliates (line 4).
Petroleum
Manufacturing
Other
Reinvested earnings of incorporated affiliates (line 8, or
line 19 with sign reversed).
Petroleum
Manufacturing
Other
Equity and intercompany accounts (outflow ( — )) (line 10)...
Petroleum
Manufacturing
Other
29
30
31
32
33
34
35
36
37
38
39
663
200
948
679
31
n.a.
ha
Foreign direct investment in the United States:
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
See footnotes on page 57.
1 676
-2,099
-2,152
-1,950
-2,181
-1 581
-1,548
-1 127
-1,294
1,097
-1,308
-1,376
-1,404
-1,243
-857
-1,380
-1,197
54
SURVEY OF CURRENT BUSINESS
June 1983
Table 6.—Securities Transactions
[Millions of dollars]
iQsn
19 Bl
1QS9
I
Foreign securities, net U.S. purchases (-), balance of
payments basis (table 1, line 51, or lines 6 + 17 below).
Al
II
19 32
IV
III
1983
I
II
-581
-546
-3,331
-3,527
-2,032
-102
-1320
-993
IV
III
I"
-3,524
-5,636
-7,986
-488
-1,547
-705
-2,896
-2,142
-188
-1,340
-167
219
269
-71
199
-117
2322
188
1376
167
219
269
71
199
117
138
1 320
993
516
298
303
-85
114
-97
133
-6
51
120
-11
70
19
8
105
55
206
177
-20
111
120
12
-17
319
23
170
147
-21
47
57
-30
60
-20
130
163
65
18
-14
1215
631
67
510
_7
787
566
97
339
21
780
429
3 193
2207
1039
Stocks:
2
3
4
5
Treasury basis net 1
Adjustments:
Less recorded in table 1 line 4$ ®s US direct
investment abroad.
Plus exchange of stock associated with direct investment in the United States.
Plus other adjustments
6
7
g
9
10
11
12
13
Newly issued in the United States
Of which Canada
Other foreign stocks
Western Europe
Canada
Japan
Other
80
-276
110
193
686
787
-42
-252
-131
-321
-456
-190
87
1 002
5448
6609
-321
-1 328
974
2825
- 1,202
-5,448
-6,609
-321
3355
8020
1 184
6836
7 195
1249
5946
467
.
-103
-36
402
108
-98
406
-14
-1,806
. .
-36
-100
-510
- 1,073
-167
828
138
-62
-57
359
13
-105
133
305
Bonds:
14
Treasury basis net 1
15
16
Adjustments:
Plus additional Canadian redemptions
Plus other adjustments
17
Balance of payments basis net
18
19
20
2
By type' Privately placed
Publicly offered
21
22
23
24
25
Canada
Japan
.
.
Latin America
Other countries
International financial institutions 3
26
200
700
2655
-1,328
974
-2825
780
429
3 193
2207
1039
752
209
543
2306
1675
3287
1 412
3 459
1 494
2061
1266
2966
1 140
830
131
699
3 085
1 022
1 387
'l37
1 250
543
1 513
-220
1323
215
1348
271
261
138
728
245
409
321
272
967
816
788
1808
4816
-297
3 147
-99
-1,245
-1,950
1232
2030
981
309
740
292
160
60
72
322
165
120
37
318
105
213
300
90
60
150
360
216
44
100
621
- 1,444
1,042
139
2
136
123
656
107
28
309
268
383
163
10
137
93
162
43
57
72
134
272
163
55
69
15
-60
7
414
472
374
-49
428
833
100
109
299
193
81
207
1244
-77
69
78
310
1 516
110
106
89
16
99
517
-49
81
514
472
331
131
121
-400
-950
-500
680
369
-220
-534
-414
34
96
376
18
263
251
82
-1,082
-689
76
311
6
-72
489
26
75
368
-500
-1,245
374
27
28
29
30
Redemptions of U S -held foreign bonds 2
Canada
Other countries
International financial institutions 3
2528
31
32
33
34
35
Other transactions in outstanding bonds 2
Western Europe
..
Canada
Japan
Other
-375
-178
1,340
410
234
447
195
16
510
619
5,457
7,171
6,141
2,419
3,589
767
396
1,313
2,434
420
1,974
2,887
5419
5,825
3953
1 674
3026
683
442
927
989
439
1598
2650
Bl
U.S. securities, excluding Treasury issues and transactions
by foreign official agencies, net foreign purchases ( + ),
balance of payments basis (table 1, line 69, or lines
5+12 below).
901
478
1,149
520
453
259
250
589
437
-118
296
130
195
227
135
318
242
127
420
195
205
20
Stocks:
2
Treasury basis net l
3
Adjustments:
Plus exchange of stock associated with U.S. direct
investment abroad.
4
5
6
7
8
9
Balance of payments basis, net
Western Europe
Canada
Japan
Other
.
-91
1 096
769
335
27
54
532
210
260
207
114
246
153
4,232
3 109
5,056
3,655
1045
3,618
2583
1,701
1,310
2,972
1774
232
317
32
-42
11
667
722
146
-1
92
782
629
17
325
297
153
1844
773
188
237
151
254
82
19
204
2803
2412
796
-155
482
117
239
221
1
813
222
-48
217
-100
270
-154
29
935
231
256
422
298
-186
279
Bonds:
10
11
Treasury basis net 1
12
13
14
Balance of payments basis, net
New issues sold abroad by U S corporations
Investments
by international financial institutions 3 in nonguaranteed bonds of U.S. federally
sponsored agencies.
Other transactions in U S bonds
15
16
Of which United Kingdom
See footnotes on page 57.
5461
5,040
1 151
2,028
1484
1 605
77
274
1 739
140
722
678
4236
2925
1 372
1 310
867
989
241
372
87
235
852
762
1,225
2,115
2,523
600
-15
718
200
1
617
100
22
616
60
-1
164
646
1,652
9
100
45
95
300
130
200
60
84
-22
372
-89
360
-129
1
942
1,755
1938
517
495
557
186
637
1507
76
130
83
392
359
346
122
127
165
55
37
148
300
157
185
55
SURVEY OF CURRENT BUSINESS
June 1983
Table 7.—Claims and Liabilities on Unaffiliated Foreigners Reported by U.S. Nonbanking Concerns
[Millions of dollars]
19 31
Line
assets. Debits — ; decrease in U.S. liabilities or increase in
U.S. assets.)
Al Claims, total
2
Long-term (table 1 line 52)
3
Short-term (table 1 line 53)
1980
1981
19 82
1982
I
-3,174
99
3075
— 1,181
567
1748
6,976
58
6918
-3,248
558
3806
1983
Amounts
standing
Dec. 31,
1982
I1
II
III
IV
I
-1,500
50
1 550
3,918
130
3788
-277
117
394
998
331
1329
2,337
142
2 195
n.a
'
902
829
73
605
358
154
186
111
986
84
1 570
913
657
769
98
-588
828
27
1078
492
2610
1 828
782
1 598
90
1 564
1 093
-81
1768
842
612
789
177
347
246
577
1 015
56
873
261
647
805
158
50
46
43
812
-215
996
349
1 281
1228
53
439
90
123
743
99
689
592
II
III
2,389
263
2126
1,178
304
1482
IV
27,325
5396
21929
4
5
6
7
8
9
10
11
12
13
Financial claims
Denominated in US dollars.
Denominated in foreign currencies
By area* Industrial countries 2
Of which United Kingdom
Canada
Caribbean banking centers 3
Other
By type* Deposits
Other claims
1365
-1 646
281
91
112
-32
1 448
-8
-1308
57
978
-361
617
240
1461
-1,593
1 196
458
-522
456
3926
3072
854
2434
380
2,307
1 633
-141
2580
1346
1 651
91
- 1,603
1 188
445
2466
72
2084
2116
32
1 575
914
445
634
-125
2036
48
14
15
16
17
18
19
20
21
Commercial claims
Denominated in US dollars
Denominated in foreign currencies
By area' Industrial countries 2 4
Oil-exporting countries
Other
By type: Trade receivables
Other claims
-1,809
-1 777
-32
751
-156
-902
-1,776
33
-203
-172
-31
127
-187
111
-5
-198
3,050
3082
-32
1 544
573
933
3,043
7
-854
738
-116
734
-124
4
-755
99
305
292
13
394
-33
56
349
44
276
269
7
222
65
11
305
29
70
5
65
9
-95
174
96
26
1,308
1300
8
516
398
394
1,303
5
335
372
-37
287
20
28
424
89
351
346
5
322
20
9
360
9
1,056
1064
-8
419
135
502
956
100
n.a.
na
n.a.
na
na
na
na
na
10,893
10333
560
5956
1382
3555
9752
1 141
Bl Liabilities total
2
Long-term (table 1 line 70)
3
Short-term (table 1 line 71)
6845
358
6487
942
1,943
1001
3,104
487
3591
129
997
868
22
233
211
1 091
-173
1 264
300
886
1 186
182
1647
1829
2517
-1 106
1411
425
471
896
20
-525
545
na
na
na
26 708
6345
20363
4
5
6
7
8
9
10
Financial liabilities
Denominated in U S dollars
Denominated in foreign currencies
By area' Industrial countries 2
Of which United Kingdom
3807
3305
502
2 177
1,446
1 496
134
786
917
-131
488
-365
103
196
1500
-1569
69
-1,003
-391
652
155
425
567
-142
11
-58
259
155
156
343
-187
37
-182
135
-16
1 173
1250
-77
1,511
1,116
393
55
968
-1 243
275
-1,072
-1,241
102
2
846
881
-35
773
831
55
18
2571
2561
-10
-2,047
-1,199
517
-7
679
332
347
470
129
133
342
454
221
-233
-199
-152
57
-198
na
na
n.a.
na
n.a.
na
n.a.
10253
8 178
2,075
7,324
3,061
1 858
1,071
11
12
13
14
15
16
17
18
Commerical liabilities
Denominated in US dollars
Denominated in foreign currencies
By area* Industrial countries 2 4
Oil-exporting countries
Other
By type: Trade payables
Other liabilities
- 1,604
-2026
422
485
-2,825
736
-3,281
1 677
-296
254
-134
158
24
269
108
511
-31
103
-82
7
-89
381
-850
387
-1,075
993
668
-1,028
-1225
197
-273
-731
-24
-1,297
269
54
31
23
569
-1,321
806
-149
203
-1,104
-1090
-14
118
-1,134
-88
-1,479
375
474
258
216
71
361
42
-356
830
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
16,455
15431
1,024
8,234
5,038
3,183
7,490
8,965
...
Other
See footnotes on page 57.
3,038
156
2906
46
132
110
1660
1 289
1,074 - 1,292
304
159
1,381 -1,336
1 492
1 657
. .
2394
2 9Q9
1
-42
276
-581
561
-596
300
451
217
915
31
278
366
302
na
na
na
n.a.
na
16432
14385
2047
8 891
3839
4 199
5794
1,747
11 918
4 514
Table 8.—Claims on Foreigners Reported by U.S. Banks
[Million of dollars]
19 32
19 31
(Credits +; decrease in U.S. assets. Debits -;
increase in U.S. assets.)
Line
1 Total (table 1, lines 54 & 55)
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
2
Other
Asian countries
By type:
Payable in dollars
Banks' claims for own account
On own foreign offices
Of U S -owned banks
Of foreign-owned banks
United States.
in
the
On other foreign banks
Of which deposits
On other foreigners....
Banks' claims for domestic customers'
accounts.
Deposits
Negotiable and readily transferable instruments.
Collections oustanding and other
claims.
Payable in foreign currencies
Of
h' h H
't
Banks' claims for domestic customers'
accounts.
Of which deposits
1981
30
31
32
Short-term
..
Claims on all other foreigners (incl. in lines
16 + 18 above):
Short-term
U.S. banks' dollar acceptances payable by
foreigners.
See footnotes on page 57.
Amounts
standing
March
31, 1983
I
II
III
IV
I
II
III
IV
I"
-11,664
-14,981
-15,293
-41,913
-32,551
-38,653
-20,631
-17,511
-17,483
5125
3 392
4846
103
5219
4 386
-524
281
12291
5896
7 843
2262
19 517
16 123
-2468
506
419,830
-109,346
- 14 255 -33,241
16 914
2812
16 845
19 875
2 316
1 684
28419
14 054
22 115
8 870
-5,011
-4,407
663
303
-46,978
25021
22077
5732
34559
25398
-8,763
726
-8444
3 522
4275
134
1 189
106
970
45
-7381
4 104
2911
183
4872
1 712
-2,989
79
44668
38650
- 17,656
12789
-4,867
82916
74046
-31,291
20510
-10,781
106 932
102 991
-30,628
15999
-14,629
12 193
7244
-9,836
7026
-2,810
15666
13678
-4,635
888
-3,747
15 013
13344
-8,613
7 403
-1,210
40 044
39780
-8,207
5 193
-3^014
32 258
26720
-5,266
3 069
-2,197
38081
38463
- 13,568
4723
-8,845
20 604
24 175
- 10,886
8 283
-2,603
15989
13633
-908
76
-984
17 110
18968
- 16,409
9945
-6,464
411 092
373 041
143,684
82 575
61,109
4945
-9240
-1,979
-6,809
-6,018
9972
-20,205
-11,942
-12,578
-8,870
13299
-45,193
-20,000
-13,871
-3,941
21
3,703
991
-1,090
-4,949
1826
-5,810
-1,801
-1,407
- 1,988
2 072
3317
-1,985
658
-1,669
6 053
14781
-9,147
- 10,739
-264
2 839
13658
-6,206
4957
-5,538
5894
14275
-7,723
-4726
382
2 635
9626
-3,991
- 1,028
3,571
1 931
7634
-2,080
-3,160
-2,356
2 337
1 681
-5,189
1,459
1,858
46 938
121 008
48,626
61,411
38,051
71
-2,474
-326
-9,950
-848
-4,275
38
-3,879
251
-3,484
-229
-1,532
-386
-1,055
-134
-6,211
86
186
97
3,270
287
1,397
1,939
29,230
-3,615
1,406
1,182
-1,108
1,245
92
1,177
807
110
204
2 170
1 787
1 513
-383
935
926
809
_g
2414
2709
842
295
529
H
810
518
685
588
271
97
280
379
359
99
1869
1 146
989
-723
293
320
133
27
572
595
34
23
27
442
137
415
-474
614
-73
581
61
-35
7
28
-82
-45
1 787
-2,741
5 281
-4,863
7 233
-5',900
36
-531
759
-984
1 386
-1226
3 100
-2122
1 159
-1551
3 248
-2,716
1381
- 14 662
-4,694
8435
24925
-6,825
8739
50103
-8,874
508
2302
-1,718
892
6881
-3,049
648
1 607
-182
7403
18739
-1,876
2203
15847
-946
4258
-15735
-2,667
Memoranda:
Claims on foreign public borrowers (incl. in
line 15 above):
28
29
1983
1982
-83,851
-46,838
By area:
Industrial countries *
Caribbean banking centers
1980
15265
8 769
6 374
1 608
9*304
8 541
-870
293
13575
3 943
7 708
1 858
15 512
11 680
3261
485
6614
7 362
7 852
1 003
5 162
4 676
-502
43
1 868
-690
771
-9298
-2,142
-11 524
4 947
143
1 263
4 581
501
-4 130
9
-897
- 1,520
-7,141
2528
8895
801
646
1 703
-1,212
103
172,794
73 286
98138
19 262
129 636
93 808
30,003
2761
174
6,882
-373
412
516
39
8,738
8 101
3,725
637
26
-63
203
958
-943
1670
597
24553
21,597
1507
-9223
-3,119
243
1,298
3,081
30,875
149,894
35,311
61
1 522
1 352
812
-170
56
SURVEY OF CURRENT BUSINESS
June 1983
Table 9.—Foreign Official Assets in the United States and Other Foreign Assets in the United States Reported by U.S. Banks
[Millions of dollars]
1981
Line
Al
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
1983
Amounts
outstanding
March
31, 1983
1980
Foreign official assets in the United States, net
(table 1, line 57).
15,566
5,430
3,172
5,517
-2,999
-5,880
8,792
-3,061
1,930
2,642
1,661
-37
184,951
9,708
8,577
8,577
4,983
-3,848
-3,848
5,759
-5,731
-5,731
7,242
4,249
4,249
-2,063
-2,768
-2,768
-4,635
-7,538
-7,538
4,439
2,209
2,209
-1,327
5341
-5,341
-2,094
3539
-3,539
4,834
941
941
4,346
2,208
2,208
3,166
1,259
1,259
125,893
47,917
47,917
3,865
-2,734
-2,734
11,695
-2,864
-2,864
14,531
-3,041
3041
3,353
-360
360
1,797
-1,092
1092
3,703
-800
800
2,842
-612
-612
4,514
-500
-500
2,586
-1,141
-1,141
4,693
-800
-800
2,738
-600
-600
2,707
-800
800
70,026
7,950
7,950
2,187
1,289
-670
454
536
545
-246
-301
258
-71
-556
-568
7,799
685
-28
504
101
-71
326
75
459
130
-390
13,088
-159
-3,479
-2,054
-3,109
-2,048
-2,380
4,058
-1,697
3,271
-1,911
-1,717
-1,898
22,975
-466
-784
-566
-1,616
-428
-1,877
3,137
-1,617
3,474
-2,153
-270
-82
16,443
-899
562
-129
307
-1,119
503
-168
-2,695
-583
1,259
-1,242
-1,488
-433
-692
-491
-1,493
743
-397
-774
-1,620
-1,296
-576
-5
-503
133
2,168
1,102
921
530
708
-1,795
-80
1,121
462
1,891
-203
-634
118
-1,637
242
-540
-29
299
-1,447
284
-69
-297
-1,816
2,264
5,419
8,760
6,532
By area: (see text table B)
By type:
U.S. Treasury securities (table 1, line 59)
Bills and certificates
Denominated in U.S. dollars
Denominated in foreign currencies
Bonds and notes, marketable
Bonds and notes nonmarketable
Denominated in U S dollars
Denominated in foreign currencies
Other U.S. Government securities (table 1,
line 60).
Other U.S. Government liabilities (table 1,
line 61).
U.S. liabilities reported by U.S. banks, not
included elsewhere (table 1, line 62).
Banks' liabilities
for own account, payable
in dollars.1
Demand deposits
1
Time deposits
.
Other
Banks' 12custody liabilities, payable in dollars.
Other foreign official assets (table 1, line 63) .
Other foreign assets in the United States; U.S.
Treasury securities and U.S. liabilities reported by U.S. banks, not included elsewhere
(table 1, lines 68, 72, and 73).
Bl
1982
(Credits + ; increase in foreign assets. Debits — ;
decrease in foreign assets.)
By area:
Industrial countries 3
4
Caribbean banking centers
Oil-exporting countries 5
Other countries
International financial institutions 6
By type:
Foreign commercial banks
U.S. Treasury bills and certificates
U.S. liabilities reported by U.S. banks
Banks' liabilities for own account 1
Payable in dollars
...
To own foreign offices
Of U.S.-owned banks
Of foreign-owned banks in the
United States.
To other foreign banks
Demand deposits
Time deposits 1
Other
Banks' custody
liabilities, payable in
dollars.12
International financial institutions 6
Bills and certificates
U.S. liabilities reported by U.S. banks
Banks' liabilities 1 for own account, payable in dollars.
Demand deposits
Time deposits l
Other
Banks' custody
liabilities, payable in
dollars.12
Other private foreign residents and unallocated
U S. Treasury securities
Bonds and notes marketable
Bonds and notes, nonmarketable 7
U.S. liabilities reported by U.S. banks
Banks' liabilities 1 for own account, payable in dollars.
Demand deposits
Time deposits 1
Other
Banks' custody
liabilities, payable in
dollars.1 2
Memorandum:
Negotiable1 certificates of deposit held for foreigners.
See footnotes on page 57.
1981
1982
II
I
III
I
IV
-384
II
III
IV
-160
I"
3,145
2,665
-367
829
647
974
215
189
36
-50
-542
-347
15,196
13,388
45,136
71,267
-2,403
8,818
16,050
22,671
26,973
26,873
12,341
5,080
12,800
267,668
6,062
2,980
861
4,311
-826
13,317
23,079
92
7,176
1,472
38,536
17,867
4,674
9,414
776
2,327
-3,358
-605
-610
-157
2,770
4,573
309
1,206
-40
4,453
9,121
336
3,082
-270
3,767
12,743
724
3,498
1,939
13,635
11,449
184
2,487
-782
11,679
4,137
4,142
5,312
1,603
11,083
-911
511
2,051
-393
2,139
3,192
-163
436
348
3,482
6,238
-820
3,493
407
123,380
77,057
11,619
46,112
9,500
9,902
200
9,702
8,960
7,158
4,854
-2,751
7,605
37,651
1,048
36,603
33,759
33,780
28,825
21,869
6,956
50,294
4,123
46,171
45,594
44,365
20,998
16,725
4,273
-3,778
203
-3,981
-4,174
-3,685
-1,827
175
-2,002
6,807
356
6,451
6,283
6,550
7,249
3,863
3,386
15,737
241
15,496
15,188
15,342
13,685
10,230
3,455
18,885
248
18,637
16,462
15,573
9,718
7,601
2,117
23,067
532
22,535
23,583
23,075
11,673
12,378
-705
17,556
708
16,848
16,052
15,569
10,531
4,752
5,779
7,500
1,971
5,529
4,381
4,319
1,091
3,416
-2,325
2,171
912
1,259
1,578
1,402
-2,297
-3,821
1,524
7,907
1,312
6,595
5,949
5,628
6,254
2,364
3,890
197,755
7,122
190,633
179,378
174,306
124,753
59,630
65,123
2,304
904
36
1,364
1,802
742
4,955
-2,577
7,005
527
21
2,844
23,367
-2,882
19,533
6,716
1,229
577
-1,858
-1,624
622
-856
489
193
-699
1,063
-580
-1,182
267
168
1,657
1,569
133
-45
154
308
5,855
-3,585
6,830
2,610
889
2,175
11,402
-2,437
10,233
3,606
508
-1,048
5,038
97
4,402
539
483
796
3,228
-1,137
3,398
967
62
1,148
3,699
595
1,500
1,604
176
-319
-626
-487
-664
525
321
646
49,553
8,245
27,603
13,705
5,072
11,255
-826
688
153
841
-138
-242
1,472
1,381
287
1,094
91
194
776
20
1,080
1 100
796
946
-157
411
79
332
-568
-150
-40
22
-45
23
-18
63
-270
497
-193
304
227
41
1,939
1,489
446
1,043
450
240
-782
542
-432
110
-240
-188
1,603
967
1,315
348
636
783
-393
-2,190
-748
1 442
1,797
1,519
348
1,745
945
800
-1,397
-1,168
407
936
-120
1,056
-529
-281
9,500
7,052
1,501
5,551
2,448
1,304
-113
-66
-63
104
116
-27
105
-103
-156
1,282
-180
-150
-20
-18
-112
-418
98
8
-43
-81
25
-15
31
186
13
-2
229
210
-53
88
-223
-52
91
440
252
-147
-106
148
1,477
278
-88
606
-1,686
-229
115
-422
26
-248
221
917
166
1,144
4,312
6,013
20,197
1,532
2,051
583
1,847
4,688
7,714
5,234
2,561
4,486
60,413
3,133
92
1,873
1,168
1,179
1,174
553
178
2,264
1 889
5,460
5,396
2,901
826
3,839
1 764
17,296
16,897
776
133
643
413
-116
529
i',638"
1,228
-448
45
291
784
2,295
2,436
1,298
85
1,213
756"
1,011
-188
116
801
1 105
771
721
3,390
3,660
420
173
601
354
7,294
6,761
1,583
591
1,886
-894
3,651
3,320
-400
23
139
516
2,961
3,156
699
702
376
-379
3,787
3,674
14,056
2,227
10,904
8
925
46,357
42,265
268
921
-15
5
179
6,241
-666
64
9
16,009
879
399
97
1,285
-177
-255
78
1,278
-128
410
99
1,119
-497
50
259
2,559
136
-141
-443
4,164
61
-270
-201
6,680
282
533
16
3,031
273
331
637
2,134
385
-195
537
2,628
509
113
5,734
34,606
1,925
4,092
-274
3,550
-1,059
-30
-465
1,280
452
1,722
613
763
-2,913
11,383
-239
June 1983
SURVEY OF CURRENT BUSINESS
57
Footnotes to U.S. International Transactions Tables l-10a
General notes for all tables:" Preliminary. *Less than $500,000 (±). n.a. Not Available.
Table 1:
1. Credits, +: exports of goods and services; unilateral transfers to United States; capital inflows (increase in foreign assets (U.S. liabilities) or decrease in U.S. assets); decrease in U.S. official reserve assets.
Debits, —: imports of goods and services; unilateral transfers to foreigners; capital outflows (decrease in foreign assets (U.S. liabilities) or increase in U.S. assets); increase in U.S. official reserve assets.
2. Excludes transfers of goods and services under U.S. military grant programs (see line 16).
3. Excludes exports of goods under U.S. Military agency sales contracts identified in Census
export documents, excludes imports of goods under direct defense expenditures identified in
Census import documents, and reflects various other adjustments (for valuation, coverage, and
timing) of Census statistics to balance of payments basis; see table 3.
4. For all areas, amounts outstanding March 31, 1983, were as follows in millions of dollars:
line 38, 34,260; line 39, 11,138; line 40 5,229; line 41, 9,293; line 42, 8,601.
5. Includes sales of foreign obligations to foreigners.
6. Consists of bills, certificates, marketable bonds and notes, and nonmarketable convertible
and nonconvertible bonds and notes.
7. Consists of U.S. Treasury and Export-Import Bank obligations, not included elsewhere, and
of debt securities of U.S. Government corporations and agencies.
8. Includes, primarily, U.S. Government liabilities associated with military sales contracts and
other transactions arranged with of through foreign official agencies; see table 4.
9. Consists of investments in U.S. corporate stocks and in debt securities of private corporations
and State and local governments.
10. Beginning with estimates for the second quarter of 1978, the distinction between short- and
long-term liabilities is discontinued.
11. Conceptually, the sum of lines 79 and 74 is equal to "net foreign investment" in the National Income and Product Accounts (NIPA's). However, the foreign transactions account in the
NIPA's (a) includes adjustments to the international transactions accounts for the treatment of
gold, (b) excludes capital gains and losses of foreign affiliates of U.S. parent companies from the
NIPA's measure of income receipts from direct investment abroad, and from the corresponding
income payments, and (c) beginning with 1973-IV, excludes shipments and financing of military
orders placed by Israel under Public Law 93-199 and subsequent similar legislation. Line 77 differs from "net exports of goods and services" in the NIPA's for the same reasons with the exception of the military financing, which is excluded, and the additional exclusion of U.S. Government interest payments to foreigners. The latter payments, for NIPA's purposes, are excluded
from "net exports of goods and services" but included with transfers in "net foreign investment."
A partial reconciliation table of the international accounts and the NIPA's foreign transactions
account appears in the "Reconciliation and Other Special Tables" section in this issue of the
SURVEY OF CURRENT BUSINESS.
12. Includes return import into the United States, at a depreciated value of $21 million in
1972-IV and $22 million in 1973-11, of aircraft originally reported in 1970-III in line 3 as a longterm lease to Australia.
13. Includes extraordinary U.S. Government transactions with India. See "Special U.S. Government Transactions," June 1974 SURVEY, p. 27.
14. The maturity breakdown is available only on the limited basis shown in table 7.
15. The maturity breakdown is available only on the limited basis shown in table 8.
16. Includes foreign currency denominated notes sold to private residents abroad. See table 9,
line 35, footnote 7.
lines A36 and C8; this application of funds is excluded from lines C3 and C4. A second part of line
A3 expenditures finances future deliveries under military sales contracts for Israel and other
countries and is applied directly to lines A37 and C9. A third part of line A3, disbursed directly to
finance purchases bv Israel and other countries from commercial suppliers in the United States,
is included in line A32. Another part of line A3, representing dollars paid to recipient countries
to finance purchases from countries other than the United States, is included in line A43.
2. Transactions under military sales contracts are those in which the Department of Defense
sells and transfers military goods and services to a foreign purchaser, on a cash or credit basis.
Purchases by foreigners directly from commercial suppliers are not included as transactions
under military sales contracts. The entries for the several categories of transactions related to
military sales contracts in this and other tables are partially estimated from incomplete data.
3. The identification of transactions involving direct dollar outflows from the United States is
made in reports by each operating agency.
4. Line A33 includes foreign currency collected as interest, and lines A38 and B2 include foreign currency collected as principal, as recorded in lines A13 and A14, respectively.
5. Includes (a) advance payments to the Department of Defense (on military sales contracts)
financed by loans extended to foreigners by U.S. Government agencies and (b) the contraentry for
the part of line CIO which was delivered without prepayment by the foreign purchaser. Also, includes expenditures of appropriations available to release foreign purchasers from liability to
make repayment.
6. Excludes liabilities associated with military sales contracts financed by U.S. Government
grants and credits and included in line C2.
7. Includes $1,000 million prepayment for petroleum to be delivered by Mexico.
8. Includes receipts on short-term Commodity Credit Corporation assets financing U.S. merchandise exports.
Table 2:
For footnotes 1-11, see table 1.
12. See footnote 14 to table 1.
13. See footnote 15 to table 1.
14. See footnote 16 to table 1.
Table 7:
1. Amounts outstanding were reduced by an increase in the reporting exemption level from $2
million to $10 million, effective March 31. Capital flows omit the impact of the drop in reporting
coverage.
2. Consists of Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
3. Mainly in the Bahamas and Cayman Islands.
4. Based on data for Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting
countries.
Table 3:
1. Exports, Census basis, represent transaction values, f.a.s. U.S. port of exportation, for all
years; imports, Census basis, represent transaction values, f.a.s. foreign port of exportation for
1974-81. For all prior years and beginning in 1982, imports reflect Customs values. (See Technical
Notes, June 1982 SURVEY.) The unadjusted figures for exports and imports shown in lines Al,
A10, Dl, and D60, are as published by the Census Bureau, as are the seasonally adjusted figures
in lines Al and A10; Census data are adjusted to include trade between the U.S. Virgin Islands
and foreign countries. The seasonally adjusted figures in lines Dl and D60 are prepared by BEA
and represent the summation of seasonally adjusted 4-digit end-use categories (see Technical
Notes in the June 1980 SURVEY).
2. Beginning in 1970, adjustments in lines A5, A14, B9, B26, and B43 reflect the Census Bureau's reconciliation of discrepancies in the merchandise trade statistics published by the United
States and the counterpart statistics published in Canada. These adjustments also have been distributed to the affected end-use categories in section C.
3. Exports of military equipment under U.S. military agency sales contracts with foreign governments (line A6), and direct imports by the Department of Defense and the Coast Guard (line
A15), to the extent such trade is identifiable from Customs declarations. These exports are included in tables 1, 2, and 10, line 3 (transfers under U.S. military agency sales contracts); and the
imports are included in tables 1, 2, and 10, line 19 (direct defense expenditures).
4. Addition of electrical energy; deduction of exposed motion picture film for rental rather than
sale; deduction of exports to the Panama Canal Zone before October 1, 1979; net change in stock
of U.S.-owned grains in storage in Canada; net timing adjustments for goods recorded in Census
data in one period but found to have been shipped in another; and coverage adjustments for special situations in which shipments were omitted from Census data.
5. Correction for discrepancy between sum of four quarters, seasonally adjusted, and the unadjusted annual totals, plus the difference between Census published seasonally adjusted totals and
the summation of seasonally adjusted 4-digit end-use categories.
6. Addition of understatement of inland freight in f.a.s. values of U.S. merchandise imports
from Canada in 1974-1981; deduction of foreign charges for repair of U.S. vessels abroad, which
are included in tables 1, 2, and 10, line 22 (other transportation); deduction of imports from
Panama Canal Zone before October 1, 1979; net timing adjustments for goods recorded in Census
data in one period but found to have been shipped in another; and coverage adjustments for special situations in which shipments were omitted from Census data.
7. Annual and unadjusted quarterly data shown in this table correspond to country and area
data in table 10, lines 2 and 18, except that trade with international organizations, namely, purchases of nonmonetary gold from the IMF and transfers of tin to the International Tin Council
(ITC), are included in data for other countries in Asia and Africa. The memorandum items are
defined as follows: Industrial countries: Western Europe, Canada, Japan, and Australia, New Zealand, and South Africa; Members of OPEC: Venezuela, Ecuador, Iraq, Iran, Kuwait, Saudi Arabia,
Qatar, United Arab Emirates, Indonesia, Algeria, Libya, Nigeria, Gabon; Other countries: Latin
American Republics, Other Western Hemisphere, and other countries in Asia and Africa, less
OPEC, the IMF and the ITC. Prior to 1973, "Western Europe excluding EC (9)" includes Denmark
and Ireland. Beginning in 1981, EC (9) becomes EC (10), including Greece.
8. The statistical identification of automotive products exports to Canada (line D47) is not as
complete and comprehensive as the identification of imports under the U.S.-Canada Automotive
Products Trade Act. However, the underestimation of automotive shipments to Canada due to
unidentified auto parts and unreported exports, amounting to about $1,842 million in 1981, and
$1,650 in 1982, has been largely corrected in line C24.
9. Includes nuclear fuel materials and fuels.
10. Prior to 1973, line D59 includes reexports, and line D71 includes imports of natural gas in
transit through the United States from Western to Eastern Canada.
11. Includes downward revision amounting to $11 million in 1982 QIII imports from Mexico
which is not in published Census statistics.
1. Expenditures to release Israel from its contractural liability to pay for defense articles and
services purchased through military sales contracts—authorized under Public Law 93-199, section
4, and subsequent similar legislation—are included in line A3. Deliveries against these military
sales contracts are included in line CIO; see footnote 2. Of the line A3 items, part of the military
expenditures is applied in lines A38 and A41 to reduce short-term assets previously recorded in
Table 5:
1. Acquisition of capital stock of existing and newly established companies, capitalization of intercompany accounts, and other equity contributions.
2. Sales and liquidations of capital stock and other equity holdings, total and partial.
3. Petroleum includes the exploration, development and production of crude oil and gas and the
transportation, refining, and marketing of petroleum products exclusive of petrochemicals. Manufacturing excludes petroleum refining. "Other" industries includes mining; trade; banking; finance (except banking), insurance, and real estate; agriculture, forestry, and fishing; construction; transportation, communication, and public utilities; and services.
Table 6:
1. As published in Treasury Bulletin. Treasury data are based on transactions by foreigners reported by banks and brokers in the United States; net purchases by foreigners ( + ) correspond to
net U.S. sales ( + ).
2. Redemptions consist of scheduled retirements and identifiable premature retirements of
U.S.-held foreign debt securities, and estimates for redemptions of Canadian issues held by U.S.
residents based on Canadian statistics. Unidentifiable nonscheduled retirements appear in line
31.
3. Consists of International Bank for Reconstruction and Development (IBRD), International
Development Association (IDA), International Finance Corporation (IFC), Asian Development
Bank (ADB), and Inter-American Development Bank (IDE).
4. Mainly reflects exclusion of investments by foreign official agencies in U.S. corporate stocks
and in debt securities of U.S. Government corporations and agencies, private corporations and
State and local governments. These investments are included in table 1, lines 60 and 63.
Table 8:
1. Consists of Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
2. Mainly in the Bahamas and Cayman Islands.
3. Based on data for Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting
countries.
4. Includes central governments (central banks, departments and agencies), state, provincial
and local governments, and international and regional organizations.
Table 9:
1. Negotiable certificates of deposit issued to foreigners by U.S. banks are included with U.S.
bank's custody liabilities, and are shown in the memorandum.
2. Mainly negotiable and readily transferable instruments; excludes U.S. Treasury securities.
3. Consists of Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
4. Mainly in the Bahamas and Cayman Islands.
5. Based on data for Ecuador, Venezuela, Indonesia, and other Asian and African oil-exporting
countries.
6. Mainly the International Bank for Reconstruction and Development (IBRD), International
Development Association (IDA), International Finance Corporation (IFC), Asian Development
Bank (ADB), Inter-American Development Bank (IDE), and the Trust Fund of the International
Monetary Fund.
7. Consists of U.S. Treasury notes denominated in foreign currencies, sold through foreign central banks to domestic residents in country of issue; notes are subject to restricted transferability.
8. Valuation of foreign currency indebtedness based on market exchange rates at end of month.
Table lOa:
For footnotes 1-9, see table 1.
10. See footnote 11 to table 1.
11. Details not shown separately are included in combined lines 72 and 73.
NOTE.—Country data are based on information available from U.S. reporting sources. In some
instances the statistics may not necessarily reflect the ultimate foreign transactor. For instance:
U.S. export statistics reflect country of reported destination; in many cases the exports may be
transshipped to third countries (especially true for the Netherlands and Germany). The geographic breakdown of security transactions reflects country with which transaction occurred but may
not necessarily reflect the ultimate sources of foreign funds or ultimate destination of U.S. funds.
Data for individual countries within EC(6) may not add to the published totals for EC(6) since in
several instances the transactions are regional and in other instances estimates for the group are
not available for each country. In addition, country data may not add to EC(6) totals because of
rounding.
Table 10:
For footnotes 1-9, see table 1.
10. See footnote 11 to table 1.
11. The "European Communities (9)" includes the "European Communities (6)," the United
Kingdom, Denmark and Ireland. "European Communities (10)" reflects the admission of Greece
in 1981.
12. The "European Communities (6)" includes Belgium, France, Germany, Italy, Luxembourg,
the Netherlands, the European Atomic Energy Community, the European Coal and Steel Community, and the European Investment Bank.
13. Includes transactions with U.S. affiliated shipping companies operating under the flags of
Honduras, Liberia, and Panama, and U.S. affiliated multinational trading companies finance, and
insurance companies, not designated by country.
14. See footnote 14 to table 1.
15. See footnote 15 to table 1.
16. Details not shown separately; see totals in lines 57 and 64.
17. Details not shown separately are included in combined lines 72 and 73.
SURVEY OF CURRENT BUSINESS
58
June 1983
Table lOa.—International Transactions,
[Millions
Belgium-Luxembourg
Line
1980
1 Exports of goods and services 2
2
3
4
5
6
7
8
9
10
11
12
13
14
15
.
Merchandise adjusted excluding military 3
Transfers under U.S. military agency sales contracts
Travel
.
Passenger fares
Other transportation
Fees and royalties from affiliated foreigners
Fees and royalties from unaffiliated foreigners
Other private services
U S Government miscellaneous services
Receipts of income on U.S. assets abroad:
Direct investment
Interest dividends and earnings of unincorporated affiliates
Other private receipts
U S Government receipts
...
16 Transfers of goods and services under U S military grant programs net
17 Imports of goods and services
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Merchandise adjusted excluding military 3
Direct defense expenditures
Travel
Passenger fares
Other transportation
Fees and royalties to affiliated foreigners
Fees and royalties to unaffiliated foreigners
. .
Private payments for other services
U S Government payments for miscellaneous services
Payments of income on foreign assets in the United States:
Direct investment
..
Interest dividends and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
.
Other private payments
U S Government payments
. . . .
.
....
Germany
France
1982 "
1981
1980
1982 P
1981
1980
1981
1982 "
8,540
7,362
6,832
10,819
9,996
9,633
16,177
14,993
13,853
6,673
303
60
28
114
311
22
42
1
5,643
320
64
29
148
281
31
51
1
5,153
274
73
32
134
235
31
54
1
7,539
14
216
150
288
365
54
144
8
7,431
13
235
161
320
324
133
145
9
7,194
17
230
164
324
282
110
145
16
11,449
400
500
190
546
598
121
145
8
10,502
439
557
196
560
511
101
166
16
9,214
462
533
174
546
504
100
174
9
638
267
371
343
5
227
107
120
559
8
187
140
47
650
8
1,253
367
886
780
8
148
394
-246
1,066
11
-83
407
-490
1,222
12
1,864
1,354
510
291
65
849
864
15
363
733
1,104
876
228
323
710
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
3,023
-3,803
3778
8051
-8,794
-7,879
-19,972
-19,951
-20,885
1912
-96
-44
-73
-84
-12
-9
-21
-28
-2,281
-129
45
-90
-<98
-8
-7
-22
-22
2387
-114
57
-101
95
-18
7
-20
-28
5262
-46
383
-229
148
-23
-31
-127
-94
-5,839
41
375
900
— £00
170
-36
-32
-117
120
-5,532
-51
-464
-303
-163
-41
30
-104
130
-11,692
-2,905
-322
-312
706
-130
61
-157
69
-11,389
3014
-361
-386
665
-30
-46
-168
-68
-11,902
3570
-411
-418
-626
-65
-43
-159
-77
-303
(*)
-303
-332
-109
-324
-130
-194
-454
-323
-404
-226
-178
-428
-119
234
-94
140
-675
-799
4
-141
145
-834
-951
332
26
306
-949
-444
45
-120
75
-519
-3,054
145
-73
-72
-538
3 141
17
-158
175
-560
3071
32 U.S. military grants of goods and services, net
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
33 Unilateral transfers (excluding military grants of goods and services) net
34
U S Governments (excluding military grants of goods and services)
35
U S Government pensions and other transfers...
36
Private remittances and other transfers
-13
-15
-19
-47
48
-52
628
530
493
6
-7
6
-9
6
-13
-24
-23
27
-21
28
-24
-116
744
147
677
150
643
-1,341
-1,237
-2,767
-2,211
37 U.S. assets abroad, net (increase/capital outflow ( — ))
38
39
40
41
42
U.S. official reserve assets, net 4
Gold
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies
43
44
45
46
U.S. Government assets, other than official reserve assets, net
U.S loans and other long-term
assets
Repayments on U.S. loans 5
U.S foreign currency holdings and U.S. short-term assets, net
47
48
49
50
51
U.S. private assets, net
Direct investment
Equity and intercompany accounts
Reinvested earnings of incorporated affiliates
Foreign securities
.*.
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns:
Long-term
Short-term
U.S. claims reported by U.S. banks, not included elsewhere:
Long-term
.
Short-term
52
53
54
55
56 Foreign assets in the United States, net (increase/capital inflow ( + ))
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
Foreign official assets in the United States net
U.S. Government securities6
U S Treasury securities
Other 7
Other U S Government liabilities 8
U S liabilities reported by U S. banks, not included elsewhere
Other foreign official assets 9
...
.
. ..
(*)
See footnotes on page 57.
-2,981
-6,370
-1,796
402
(*)
-5,159
-1,708
1,286
(*)
(*)
(*)
-5,159
-1,708
1,286
-35
59
24
(*)
8
13
17
4
30
3
-1
14
16
12
9
8
-9
-121
157
-89
246
21
-2,989
564
74
490
-482
-1,241
-1,582
-1,072
-510
36
-91
295
-310
15
-22
-883
77
151
-228
23
366
412
173
47
218
-58
-61
9
-6
-26
59
11
37
15
44
36
-17
47
6
-1,283
471
-100
-371
-203
-1,211
58
178
-120
-416
-2,826
217
264
-47
-573
-2,247
-1,243
-357
-886
-170
-143
101
87
-523
466
-954
2557
-311
665
-3,483
132
179
-1,047
2,117
699
-1,583
3,528
-115
-98
-6,487
-2,989
1,540
(")
(")
(")
(1J)
O1)
(")
(lx)
(")
(")
-28
40
54
9
3
30
-180
-109
-93
(11)
(")
(")
(X1)
(")
(")
(")
(")
(")
667
527
140
(")
619
2,009
2,154
145
(xl)
916
304
2
306
(X1)
152
254
-179
75
(n)
382
1,836
1,764
72
(1X)
826
941
1,116
-175
(")
2,449
391
399
-74
257
155
-58
"1,842 "-3,442
"98 "-6,692 "-5,387
"-1,699
-4,038
-883
i,377
16,024
9,213
4,597
2,277
2,768
2,721
2,721
1,592
1,202
1,154
1,154
1,662
1,754
1,702
1,702
-243
-3,795
-3,167
-3,167
-887
-4,958
-4,428
-4,428
-2,688
-7,032
-6,539
-6,539
Other foreign assets in the United States, net
260
Direct investment
. ..
353
239
50
82
45
Equity and intercompany accounts
303
194
178
Reinvested earnings of incorporated affiliates
U S Treasury securities
t 11 )
(1J)
(")
200
82
239
U S securities other than U S Treasury securities
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns:
Long-term
|
109
-16
Short-term
(*)
U.S. liabilities reported by U.S. banks, not included elsewhere:
Long-term
"354 "-1,658
Short-term
| "1,883
Allocations of special drawing rights
uis
-6,280
-3,006
Statistical discrepancy, and transfers of funds between foreign areas, net (sum of
above items with sign reversed).
Memoranda:
Balance on merchandise trade (lines 2 and 18)10
Balance on goods and" services (lines 1 and 17)
Balance on goods, services, and remittances (lines
77, 35, and 36)
Balance on current account (lines 77 and 33) 10
-156
(*)
(*)
(*)
4,761
5,517
5,504
5,504
3,362
3,559
3,544
3,544
2,766
3,054
3,035
3,035
59
SURVEY OF CURRENT BUSINESS
June 1983
by Selected Countries (published annually)
of dollars]
Italy
Netherlands
Mexico
Venezuela
South Africa
Australia
Line
1980
1982"
1981
1980
1982"
1981
1980
1981
1982"
1982"
1981
1980
1980
1981
1980
1982"
1982"
1981
8,228
7,548
7,052
10,842
10,286
10,475
21,532
27,517
19,129
6,490
7,918
8,065
6,768
8,270
6,556
3,531
3,955
3,106
1
5,606
50
96
80
229
286
61
68
2
5,415
25
96
83
229
273
68
98
2
4,641
31
94
78
•209
289
67
104
2
7,454
364
108
17
460
318
28
81
2
7,358
399
118
20
495
347
28
87
2
7,455
480
115
9
452
390
27
108
2
15,231
1
2,522
18,207
3
3,775
4,574
8
5,441
13
5,191
27
757
785
4,402
124
222
166
212
256
41
161
2
2,369
646
5,118
357
202
175
243
273
42
117
2
2,915
254
250
41
495
9
4,051
320
190
160
200
225
( 39
{ 93
I 1
2,464
270
194
32
357
12
11,749
86
2,848 1
V
228 J
153
36
413
4
32
2
121
77
26
36
1
38
2
108
84
29
108
1
37
4
94
73
29
59
2
2
3
4
5
6
7
8
9
10
1,298
521
777
436
16
385
394
-9
849
25
469
326
143
1,027
41
1,853
1,309
544
147
10
1,218
866
352
206
8
1,201
1,318
-117
231
5
1,167
274
893
1,689
57
1,360
405
955
3,049
74
1,217
718
499
262
10
1,362
766
596
368
11
561
705
-144
393
16
667
229
438
105
491
251
240
179
195
231
-36
244
11
12
13
14
15
-1,254
266
-1,520
4,672
194
30
25
21
310
204
140
108
48
60
802
12
297
130
167
1,168
13
354
127
227
1,530
17
{
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
16
-6,550
-7,571
-7,724
-6,602
-7,315
-5,928
-16,390
-18,256
-20,832
-6,018
-6,365
-6,079
-3,235
-3,427
-3,395
-3,445
-2,591
-2,127
17
-4,309
-558
-360
-156
-272
4
-5
-66
-26
-5,181
-660
-301
-180
-304
5
-5
-65
-26
-5,290
-624
-490
-187
-276
5
-6
-76
-25
-1,895
-63
-95
-270
-220
-6
-16
-3
-11
-2,348
-63
-75
-347
-260
-14
-21
-21
-10
-2,476 -12,584 -13,767
-1
-1
-84
-97 . -2,564 -2,862
-432
-242
-170
-161
-19
-2
-2
-19
-2
-1
-28
-549
-625
-51
-10
-52
-15,557
-2
-3,324
-171
2
-1
-733
-38
-5,314
-14
-5,563
-15
-4,762
-4
> -225
[
f
-233
-268
-2,507
-34
-144
-65
-281
-3
-2
-25
-25
-2,459
-34
-210
-94
-320
(*)
-2
-27
-23
-2,282
-34
-205
-123
-285
-3
-2
-33
-25
-3,320
-1
-11
-27
-36
(*)
-1
-9
-12
-2,445
-1
-8
-31
-50
(*)
(*)
-10
-10
-1,967
-1
-12
-18
-51
(*)
-1
-17
-16
18
19
20
21
22
23
24
25
26
-45
-34
-11
-374
-383
-8
-35
27
-494
-352
-31
-52
21
-498
-226
-3,360
-1,162
-2,198
-409
-254
-3,377
-1,363
-2,014
-455
-324
-1,613
-1,580
-33
-463
-445
5
-4
9
-777
-5
18
-1
19
-1,017
-9
-14
-15
1
-426
-25
-17
-16
-1
-505
-32
-7
-7
(*)
-1,000
-38
-38
-30
-8
-48
-63
-38
-34
-4
-69
-151
-4
-19
15
-77
-322
-1
(*)
-1
-18
-9
-2
(*)
-2
-27
-7
3
(*)
3
-39
-8
27
28
29
30
31
-4
-7
3
-468
-3
|
(
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
32
-194
—6
-140
-48
-207
— 19
-154
-34
-203
— 11
-166
-26
-12
-13
-16
-18
-36
-30
-38
-9
-16
-14
-9
-7
-330
-14
-147
-169
-16
-7
-6
-348
-13
-133
-202
-13
-6
-6
-352
-12
-114
-226
-2
-11
-2
-14
-2
-16
-8
-28
-11
-19
-12
-26
-1
-8
-1
-15
-1
-13
33
34
35
36
-2,988
-1,973
-2,424
-1,516
-1,068
-567
-5,623
-11,364
-7,993
-877
-2,133
-3,450
-964
-1,211
-482
-426
-938
-892
37
38
39
40
41
42
1,218
1 218
-1
26
-7
-168
— 248
80
(*)
-146
-236
90
(*)
-1,070
— 1 315
'245
(*)
-18
-38
20
(*)
-40
-73
34
-1
2
-31
33
(*)
5
-21
21
5
-77
-96
15
4
-36
-63
27
(*)
(*)'
3"
-i"
43
44
45
46
-1,103
-769
-417
-352
-56
-586
254
137
117
-98
-5,455
-1,461
-568
-893
-6
-11,218
-948
7
-955
-373
-5,705
1,219
-301
1,520
5
-859
-73
-13
-60
64
-2,093
-343
-176
-167
13
-3,452
-98
129
-227
23
-969
-478
21
-499
14
-1,134
-614
-18
-596
26
-446
72
-72
144
-396
-426
-432
6
-438
3
-941
-281
-41
-240
-62
-891
50
14
36
17
47
48
49
50
51
16
-68
-446
-24
389
-61
-25
90
-70
-60
6
-46
6
45
-101
-294
-674
-3,542
-9,873
-7,318
-789
-1,738
-3,467
-435
-486
-128
49
-604
-1,003
-1,204
4,181
5,223
3,731
448
2,835
945
-805
1,084
4,493
464
203
5,144
137
232
(")
(")
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
(ii)
-23
21
33
-34
9
-98
(*)
55
-48
-5
29
257
22
130
1
(*)
-3
(")
(")
(")
(")
(")
(")
(")
(")
(")
(")
(")
(")
(")
(")
(")
(")
(")
(")
139
128
11
(ii)
ii
351
378
-27
(ii)
276
297
-21
(ii)
— 15
4,167
1,969
2,198
(ii)
268
4,495
2,481
2,014
(")
112
2,120
2,087
33
(ii)
32
-20
-17
-3
(ii)
20
14
23
-9
(ii)
—3
27
46
-19
(ii)
— 11
-3
-2
-1
(ii)
1
(*)
1
(ii)
16
3
3
(*)
(ii)
16
14
6
8
(ii)
46
291
287
4
(ii)
46
125
140
-15
(ii)
130
10
9
1
(ii)
(*)
21
19
2
(ii)
1
4
-3
(ii)
3
84
21
82
-89
130
196
92
51
152
26
-19
-89
116
-15
42
16
79
37
J70
\71
"-286 "-1,580
"405
11477
"1,545
"356
"2,718
"825
"-822
"1,057
"4,306
"266
"264
"4,717
"110
" 132 "-145
172
\73
-74
75
-178
— 221
42
1
-102
— 154
51
1
39
_7
46
(*)
4
35
19
27
-23
33
2
-2,810
-1,029
-252
-777
21
-1,871
36
27
9
13
-2,463
-9
134
-143
2
-1,520
-1,103
-559
-544
-298
-11
-90
413
-18
-1,791
-1,830
-2,869
16
118
(ii)
"-185
-291
3
1,488
2,085
4,503
-6,893
-7,113
-7,695
385
-384
9,081
1,223
-488
-3,011
-2,997
-3,805
-7,785
212
-642
1,297
1,678
1,490
1,484
234
-23
-211
-230
-649
-672
-864
-875
5,559
4,240
4,228
4,228
5,010
2,971
2,958
2,958
4,979
4,547
4,531
4,531
2,647
5,142
4,802
4,790
4,440
9,261
8,926
8,913
-3,808
-1,703
-2,019
-2,033
-740
472
459
459
-122
1,553
1,537
1,537
429
1,986
1,968
1,968
1,544
3,533
3,497
3,497
2,659
4,843
4,813
4,813
2,120
3,161
3,123
3,123
-856
86
77
77
470
1,364
1,348
1,348
/ 52
{ 53
f 54
\ 55
56
-107
(
(
34
402
979
965
965 .
57
58
59
60
61
62
63
64
65
66
67
68
69
76
77
78
79
60
SURVEY OF CURRENT BUSINESS
June 1983
Table 10.— U.S. International
[Millions
ECO)
Western Europe
Line
(Credits +• debits
1 Exports of goods and services 2
Merchandise, adjusted, excluding military 3
Transfers under U.S. military agency sales contracts
Travel.
Passenger fares
Other transportation
Fees and royalties from affiliated foreigners
Fees and royalties from unaffiliated foreigners
Other private services
U.S. Government miscellaneous services
Receipts of income on U.S. assets abroad:
Direct investment
Interest, dividends, and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private receipts
U.S. Government receipts
Transfers of goods and services under U.S. military grant programs,
net.
11
12
13
14
15
16
17
Imports of goods and services
Merchandise, adjusted, excluding military 3
Direct defense expenditures
.
Travel
Passenger fares
Other transportation
Fees and royalties to affiliated foreigners
Fees and royalties to unaffiliated foreigners
Private payments for other services
U S Government payments for miscellaneous services
Payments of income on foreign assets in the United States:
Direct investment
Interest, dividends, and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private payments
U.S. Government payments
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32 U.S. military grants of goods and services, net
33 Unilateral transfers (excluding military grants of goods and services), net.
34
U.S. Government grants (excluding military grants of goods and
services).
35
U.S. Government pensions and other transfers
36
Private remittances and other transfers
37 U.S. assets abroad, net (increase/capital outflow ( — ))
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
U.S. official reserve assets, net 4
Gold
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies
U.S. Government assets, other than official reserve assets, net
U.S. loans and other long-term
assets
Repayments on U.S. loans 5
U.S. foreign currency holdings and U.S. short-term assets, net
U.S. private assets, net
Direct investment
Equity and intercompany accounts
Reinvested earnings of incorporated affiliates
Foreign securities
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns:
Long-term
Short-term
U.S. claims reported by U.S. banks, not included elsewhere:
Long-term
'.
Short-term
Foreign assets in the United States, net (increase/capital inflow
( + )).
Foreign official assets in the United States net
U S Government securities
U.S. Treasury securities 6
Other 7
Other U.S. Government liabilities 8
.
U.S. liabilities reported by U.S. banks, not included elsewhere
Other foreign official assets 9
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
Allocations of special drawing rights
Statistical discrepancy (sum of above items with sign reversed)
Memoranda:
Balance on merchandise trade (lines 2 and 18) 10
Balance on goods and services (lines 1 and 17)
Balance on goods, services, and remittances (lines
77, 35, and 36)
Balance on current account (lines 77 and 33) 10
See footnotes on page 57.
EC(IO)
11
United Kingdom
)l
1981
1980
2
3
4
5
6
7
8
9
10
11
106,531
67,603
2,337
1,942
1,034
4,059
3,176
502
1,160
88
105,925
65,108
2,734
2,152
1,178
4,199
3,021
601
1,317
100
99,677
59,701
2,861
2,071
1,156
3,963
2,985
575
1,425
104
83,971
53,466
1,644
1,506
823
2,803
2,780
411
886
66
83,645
51,366
1,890
1,697
974
3,349
2,706
490
962
77
78,722
25,882
46,905
2,012
1,594
930
3,215
2,684
459
1,095
80
12,818
277
469
315
882
765
113
373
43
28,360
12,483
370
535
430
860
817
118
345
45
25,672
10,694
377
457
418
859
811
113
438
46
15,991
8,381
7,610
7,999
642
9,153
7,916
1,237
14,304
1,381
5,379
2,558
2,820
6,877
103
3,124
2,819
305
8,241
95
31
6,722
6,087
636
12,082
945
52
5,408
3,042
2,367
4,328
90
244
12,817
6,941
5,875
6,566
203
-1
8,908
5,350
3,558
10,258
968
94
11,766
7,251
4,515
12,313
1,438
116
-87,361
-47,255
-6,293
-3,021
-2,682
-3,972
-582
-241
-1,059
-470
-96,945
-52,873
-6,204
-3,123
-3,344
-4,245
-535
-231
-967
-480
-96,793
-52,908
-6,882
-3,413
-3,507
-3,764
-356
-224
-1,017
-515
-66,686
-36,097
-4,412
-2,259
-1,990
-2,605
-414
-220
-864
-281
-76,176
-41,424
-5,306
-2,429
-2,531
-3,259
-354
-214
-819
-336
-77,138
-42,349
-6,130
-2,711
-2,558
-2,919
-200
-205
-882
-360
-20,569
-9,848
-691
-903
-824
-894
-224
-96
-474
-46
-24,904
-12,746
-815
-952
-1,001
-951
-247
-101
-393
-54
-26,889
-13,046
-395
-395
-362
-324
-47
-98
-449
-55
-5,758
-2,386
-3,372
-9,229
-6,799
-5,427
-2,716
-2,711
-11,881
-7,636
-3,835
-3,550
-285
-13,185
-7,187
-4,971
-2,277
-2,695
-8,228
-6,304
-3,637
-3,119
-517
-9,481
-5,706
-1,368
-623
-745
-4,120
-1,081
-1,112
-531
-582
-5,350
-1,182
-1,909
-1,121
-788
-6,490
-1,320
-244
-5,359
-2,039
-3,320
-6,470
-5,715
1
-31
-52
-514
599
298
210
(*)
289
257
(*)
206
-116
-94
-94
-68
-182
-478
-7
-23
-14
-560
774
-647
735
-688
652
-386
991
-502
823
-530
753
-61
351
-66
323
-70
276
-28,609
-6,139
-28,887
-779
(*)
-42,470
1,245
-23,282
-5,160
-24,314
-1,707
(*)
-36,752
1,286
-7,917
-17,148
-27,727
l',245
265
-868
1,119
14
-43,980
-1,322
-84
-1,237
-2,432
-5,160
-354
-676
330
-8
-17,768
-10,842
-4,966
-5,875
-1,144
-1,708
65
-414
481
-2
-22,672
-3,160
397
-3,558
-716
1,286
-6, 139*
-779
-736
-1,794
1,130
-72
-66
-1,203
1,124
13
-21,735
-13,011
-5,401
-7,610
-1,367
- 28,043
-5,192
-676
-4,515
-681
15
14
-598
-6,759
13,312
15
-23,865
14,655
-15,771
(16)
(16)
L
-174
-122
(16
(16,
17,529
8,262
4,890
3,372
30,426
13,026
10,315
2,711
(16)
3,954
|
14
3,193
20,348
19,170
19,383
19,102 |
I
15
-4,505
(16)
920
15
12,235
8,981
9,069
8,887
-5,392
9,924
15
-180
-337
159
-2
(*)
132
-49
174
7
202
-29
237
-7
-38,446
-419
216
-636
-2,638
-7,737
-4,797
-2,430
-2,367
-213
-17,280
-1,931
889
-2,820
142
-27.929
-1.120
-815
-305
-1,537
14
15
-20,644
12,155
14
873
-36,261
28,841
15
14
1,423
15
-16,914
9,452
(17)
-116
-189
14
85
-2,812
7,298
(17)
(17)
-345
(*)
(*)
409
-133
509
32
1,848
} <•••
15
-251
-25,021
26,089
(17)
(17,
38
-101
(*)
(16)
46,381
8,011
7,726
285
14
6,793
2,884
2,848
2,370 |
I
(17)
(17)
(17)
12,298
9,604
2,695
7,304
6,786
517
2,439
1,694
745
(17)
4,866
3,553
14
-566
-1,776
(17)
7,530
4,210
3,320
(17)
(16
4,949
(16)
5,346
14
-390
-125
(16)
14
14
1,202
-41,428
41,876
5,368
(16)
-3,804
14
1,695
-4,217
[
J
(*)
(*)
-281
14
•
1982
1981
1980
1982
1981
1980
1982
17
14
2,633
-3,446
-4,526
17,369
17,285
17,890
17,883
17
14
213
17
-5,033
4,393
9,942
7,469
7,789
7,766
(17)
(17)
5,324
3,019
-224
16,554
6,117
1
4,556
1,584
1,808
1,794
14
1,883
17
-43
-4,982
2,970
5,313
5,602
5,602 |
1
(17)
3,963
3,176
788
(17
3,309
2,727
582
(17)
(17
2,982
2,877
14
-162
17
3,530
3,983
-263
3,456
3,713
3,713 |
14
17
-351
19,456
2,650
-2,352
-1,217
-1,011
-1,011
61
SURVEY OF CURRENT BUSINESS
June 1983
Transactions, by Area
of dollars]
European Communities (6) 12
1980
1981
Eastern Europe
1982
1980
1981
Canada
1982
1980
1981
1982
1980
1981
1982
Australia, New Zealand, and
South Africa
Line
1982
1981
1980
Japan
Latin American Republics and
Other Western Hemisphere
1980
1981
1982
55,045
50,310
48,181
4,778
5,265
4,375
57,003
61,443
53,993
66,637
79,946
71,124
28,967
32,248
30,519
11,230
13,517
10,889
38,955
1,130
980
465
1,637
1,879
286
480
21
36,261
1,197
1,070
489
1,752
1,736
361
547
31
33,792
1,265
1,045
457
1,665
1,700
335
585
30
4,143
4,439
3,749
41,626
85
2,501
46,016
117
2,672
39,275
103
2,624
79
150
140
20
69
3
28
75
4
13
77
4
651
931
68
688
19
782
972
69
553
19
863
964
67
580
40
38,845
73
3,916
501
1,601
581
111
1,335
61
42,804
57
5,357
600
1,656
671
129
1,595
66
33,164
184
4,490
603
1,564
584
117
1,405
60
20,806
123
774
440
1,633
413
403
172
4
21,796
383
865
512
1,856
363
422
163
15
20,694
446
952
592
1,906
302
494
219
15
7,117
329
300
202
390
322
71
147
2
8,998
368
320
216
424
377
78
243
3
7,656
134
350
207
381
349
95
243
5
1
2
3
4
5
6
7
8
9
10
6,906
3,818
3,088
2,197
107
2,827
2,625
201
3,253
787
2,877
3,066
-189
3,653
778
352
41
5,855
2,266
3,589
4,561
19
4,250
2,330
1,920
5,963
29
2,919
2,108
811
6,525
34
6,969
3,603
3,366
12,279
366
6,127
2,630
3,497
20,496
389
2,851
986
1,865
25,598
505
839
637
203
3,196
165
929
529
400
4,765
179
657
393
264
4,067
177
1,953
959
993
380
18
1,915
1,038
877
558
18
782
951
-170
665
23
11
12
13
14
15
-1
-1
-1
4
23
80
-1
-1
(*)
-44,240
-47,381
-46,216
-1,681
-1,811
-1,288
-49,489
-54,107
-53,790
-53,086
-58,738
-62,177
-37,816
-46,069
-46,199
-7,627
-7,038
-6,658
17
-25,112
-3,668
-1,204
-1,040
-1,430
-166
-122
-374
-228
-26,985
-3,908
-1,157
-1,286
-1,497
-83
-111
-393
-246
-27,607
-4,444
-1,519
-1,441
-1,402
-138
-105
-387
-270
-1,444
-2
-58
-22
-103
-1,553
-2
-57
-28
-105
-1,067
-3
-47
-42,903
-137
-1,817
-48,258
-134
-2,070
-48,473
-174
-1,936
-88
-2
-6
-26
_]_
-10
-31
-2
-13
-37
-581
-166
-18
-415
-64
-618
-269
-12
-337
-63
-613
-217
-12
-379
-100
-37,525
-391
-4,090
-310
- - 1,403
-26
-16
-1,226
-276
-39,099
-327
-4,522
-353
-1,631
-41
-11
-1,421
-296
-38,561
-284
-5,053
-398
-1,615
-38
-10
-1,692
-340
-31,217
-990
-185
-142
-1,918
84
-20
-111
-36
-37,598
-1,087
-214
-189
-1,996
89
-37
-96
-60
-37,685
-1,368
-272
-219
-1,983
172
-37
-147
-58
-6,533
-48
-245
-171
-356
-2
-3
-39
-40
-5,610
-48
-351
-224
-407
1
-2
-42
-38
-5,033
-50
-379
-256
-373
-3
-3
-57
-46
18
19
20
21
22
23
24
25
26
-3,988
-1,411
-2,578
-2,309
-4,599
-3,850
-1,741
-2,109
-2,774
-5,091
-1,700
-1,990
291
-2,897
-4,306
-1,795
-230
-1,565
-1,395
-198
-139
-184
45
-2,009
-198
205
-216
421
-1,807
-285
-1,023
-444
-579
-6,591
-209
-933
-494
-439
-9,808
-296
-469
-473
4
-13,471
-247
-722
-83
-639
-713
-1,844
-738
-80
-658
-1,045
-3,099
-456
-378
-78
-1,258
-2,888
-45
-36
-9
-74
-72
-51
-44
-7
-107
-159
-3
-20
17
-127
-330
27
28
29
30
31
-4
-23
-80
1
1
-199
-198
-221
-1,204
-1,260
-1,332
-68
-69
(*)
-88
-59
-60
-65
33
-360
-400
-519
(*)
(*)
-1
34
319
145
445
124
-17
(*)
-23
-1
-31
-113
-116
-60
16
1
1
1
359
243
199
-7
-23
-14
-294
660
-341
607
-360
573
-21
-92
^
-24
-91
56
-71
-195
-4
-221
22
-239
17
-214
-630
-248
-612
-274
-539
-9
-59
-13
-56
-9
-79
-11
-47
-15
-45
-16
-48
35
36
-14,724
-6,343
-8,333
159
-1,057
434
-7,252
-8,944
-2,401
-32,426
-45,146
-46,715
-7,278
-4,985
-1,474
-1,522
-2,117
-1,507
37
-5,160
-1,708
1,286
-2,093
-333
-82
-192
-5,160
-1,708
1,286
-160
-298
145
-6
-120
-213
135
-43
129
-19
116
32
284
-188
457
15
-183
-489
344
-39
22
-24
55
-9
-9,405
-5,427
-2,340
-3,088
-918
-4,515
-811
-609
-201
-581
-9,747
949
759
189
-1,128
-125
-874
413
14
14
-522
15
- 2,538
14
441
15
- 3,564
(*)
14
- 10,630
80
15
-205
14
-2,093
-333
-82
-192
-38
-107
60
10
-112
-156
65
-21
-502
-1,638
1,137
-1
-507
-1,659
1,173
-21
-1,476
-2,786
1,307
4
50
-79
128
1
-69
-141
72
-1
84
-16
99
1
10
-26
30
5
-79
-97
33
-15
-43
-63
45
-25
43
44
45
46
-1
-7,162
-3,906
-317
-3,589
-2,103
-8,906
761
2,681
-1,920
-3,697
-2,289
1,313
2,124
-811
-2,364
-31,923
-2,833
534
-3,366
-9
-44,639
37
3,534
-3,497
-83
-43,146
5,820
7,684
-1,865
3
-6,995
-19
184
-203
-1,059
-4,834
-481
-81
-400
17
-1,366
42
305
-264
-1,118
-1,531
-957
36
-993
17
-2,038
-946
-69
-877
-36
-1,464
161
-8
170
-379
47
48
49
50
51
-19
i4_ 79
14
14
14
- 1,074
15
-40
14
-834
15
15
2,930
2,388
72
69
112
( 17 )
(17)
(17)
(17)
(17)
(">
-40
-71
(*)
(*)
(17)
(17)
(17)
(17)
(17)
(17)
5,072
2,494
2,578
8,930
6,821
2,109
(17)
14
3,294
3,584
-291
(17)
(17)
534
1,947
2,314
752
14
14
17
- 2,746
378
17
- 8,284
146
17
- 3,294
('")'
14
-24
17
96
15
433
3,353
-258
6,927
1
-303
c->
- 1,638
15
14
794
-317
(16)
(16)
) „„
(17)
(17)
(17)
17
-17
87
(16)
(17)
(17)
17
75
(16)
1,822
(16)
(16)
17
5,187
(")
(17)
-285
(17)
42
33
9
292
30
-82
14
(17)
1,744
1,666
78
449
(17)
270
(17)
2,768
2,110
658
97
14
- 1,001
362
691
732
92
639
332
356
15
-2,415
27
247
14
/ 54
15
- 1,298 {55
56
5,086
14
17
190
30,448
725
729
-4
14
14
-436
17
28,092
17
(17)
14
149
5,716
17
437
5,629
(17)
(17)
122
139
-17
43
-46
134
14
133
-3,749
17
446
17
l
337
329
7
-301
14
\ 58
I 59
1 60
132 , 61
f 62
63
(")
(17)
(17)
14
17
(17)
14
63
293
207
240
3,780
-3,216
-2,350
-3,574
-6,991
-1,848
1,274
11,242
-7,103
10,033
9,451
9,723
19,657
-2,714
-4,665
13,843
10,804
11,170
11,164
9,276
2,929
3,195
3,172
6,185
1,965
2,178
2,164
2,699
3,097
2,985
2,985
2,886
3,453
3,338
3,337
2,682
3,087
3,072
3,027
-1,277
7,515
7,315
7,315
-2,242
7,336
7,137
7,137
-9,198
203
-18
-18
1,320
13,551
12,707
12,347
3,705
21,208
20,349
19,949
-5,397
8,947
8,134
7,615
-10,411
-8,849
-8,917
-8,917
-15,802
-13,821
-13,889
-13,889
-16,991
-15,680
-15,768
- 15,768
584
3,603
3,545
3,545
3,388
6,479
6,419
6,419
51 t 53
-55
9,151
(17)
(17)
360
-475
(17)
(17)
1,034
15
-139
(17)
930
-445
15
r 52
14
14
-116
25
1,479
1,040
439
(*)
- 4,002
14
(17)
1,513
934
579
(16)
15
156
230
1,462
-1,067
-646
-421
(16)
-368
(17)
237
(17)
2,860
1,493
1,538
-45
-2
67
-51,471
14
14
(51
(16)
37
15
29,067
is-44,077
-47
14
15
134
32,301
- 26,697
33
4
14
2,502
8,837
- 3,807
(16)
(16)
14
-516
1,145
(i'7')'
17
15
- 2,385
3,654
(17 ]
14
2,569
~ 6,051
6,744
- 4,332
7,230
2,811
1,246
1,565
14
38
39
40
41
42
(*)
-90
-143
47
6
(*)
1,062
15
-45
32
s
66
67
68
69
(70
79 {71
(72
4,619 1 73
74
-7,746
75
17
2,623
4,232
4,167
4,167
76
77
78
79
62
SURVEY OF CURRENT BUSINESS
June 1983
Table 10.—U.S. International
[Millions
Other countries in Asia and
Africa
Line
1 Exports of goods and services
2
Merchandise adjusted excluding military 3
Transfers under U S military agency sales contracts
Travel
Passenger fares
Other transportation
Fees and royalties from affiliated foreigners
Fees and royalties from unaffiliated foreigners
Other private services
U.S. Government miscellaneous services
Receipts of income on U.S. assets abroad:
Direct investment
Interest, dividends, and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private receipts
U S Government receipts
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16 Transfers of goods and services under U.S. military grant programs,
net.
17
Imports of goods and services
Merchandise adjusted excluding military 3
Direct defense expenditures
Travel
Passenger fares
Other transportation
Fees and royalties to affiliated foreigners
Fees and royalties to unaffiliated foreigners
Private payments for other services
U S Government payments for miscellaneous services
Payments of income on foreign assets in the United States:
Direct investment
Interest, dividends, and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private payments
U.S. Government payments
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1980
1980
1981
1982
64,803
73,608
74,751
44,097
5,233
698
405
2,312
646
127
1,236
183
47,835
6,062
797
485
2,591
662
153
1,487
216
46,978
8,280
806
421
2,707
597
206
1,828
209
4,925
3,863
1,063
3,623
1,319
6,498
4,942
1,556
5,228
1,594
5,784
4,794
990
5,090
1,845
658
542
320
-93,633
-95,864
-81,730
-3,903
-81,617
-2,606
-981
-221
-2,009
179
-3
-236
-447
-80,095
-3,279
-1,142
-287
-2,107
343
-3
-311
-486
-63,856
-3,158
-1,294
-330
-2,083
399
-7
-395
-556
-1,287
-127
-124
-3
-2,759
-2,806
-167
-178
11
-3,575
-4,755
-286
-371
85
-3,641
-6,523
23,141
24,826
23,460
801
4
15,789
676
525
287
1,016
736
143
355
30
13,682
752
728
404
1,000
733
142
356
32
14,485
695
444
232
979
758
143
355
20
14,948
780
361
224
968
761
147
384
36
743
417
326
528
126
2,544
2,049
495
3,390
397
2,174
2,098
76
3,956
347
1,409
1,714
-305
3,619
286
3,027
2,056
971
3,338
351
1,470
1,238
232
3,119
260
40
84
40
80
22
-2,867
-22,843
-25,054
-25,013
-23,884 -22,571
-23
-13,681
-1,736
-1,151
-1,154
-978
-68
-56
-247
-136
-13,159
-1,732
-1,280
-861
-958
-80
-56
-255
-133
-13,308 -12,587
-1,820 -1,601
-417
-535
-884
-671
-854
-919
-105
-79
-57
-58
-272
-275
-157
-122
1
88
924"
-288
936
-253
914
-208
601
2
735
4
614
421
193
381
-111
961
244
717
347
-87
-62
-1,271
-62
-1,119
-478
-643
- 12,760
-1,595
-447
-821
-910
-103
-56
-240
-124
-773
-744
-29
-3,491
-1,584
-1,078
-1,033
-45
-3,410
-2,012
-40
-84
-40
-31
5
-336
-IIS"
-583
-105"
-611
-250
-770
-853
-706
-148
-3,157
-1,776
-152
-658
-542
-320
-4,341
-5,079
-790
-794
-675
34
-3,293
-3,183
-3,714
-774
-782
-655
37
U.S. assets abroad, net (increase/capital outflow ( — )) ...
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
70
71
72
73
-12,810
U.S. official reserve assets, net 4
Gold
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies
U.S. Government assets, other than official reserve assets net
-3,311
-3,651
U.S loans and other long-term
assets
-5,190
-5,520
Repayments on U.S. loans 5
1,608
1,553
272
U.S. foreign currency holdings and U.S. short-term assets, net
316
U.S. private assets, net
-9,499
-4,119
Direct investment .
-3,193
1,683
-1,637
Equity and intercompany accounts
2,746
Reinvested earnings of incorporated affiliates
- 1,556
-1,063
Foreign securities
-2
-268
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking
concerns:
Long-term
\ 14 -210 14 -259
Short-term
U.S. claims reported by U.S. banks, not included elsewhere:
Long-term
t15- 5,590 ^ -5,779
Short-term
54
55
56 Foreign assets in the United States, net (increase/capital inflow ( + ))....
57
Foreign official assets in the United States, net
58
U.S. Government securities6
59
U.S. Treasury securities
Other 7 . .. .
60
61
Other U S Government liabilities 8
62
U.S. liabilities reported by U.S. banks, not included elsewhere
63
Other foreign official assets 9
64
65
66
67
68
69
-7,771
) ,,
162
768
-11,168
427
-3,369
318
-16
1 667
-1,824
2491
-1,371
2552
-505
-510
5
-826
-831
5
-764
-790
27
834
-179
14
-193
1,000
-1,516
-667
50
-717
-888
-1,211
-259
67
-326
-897
-112
-14
-306
308
-16
-13,159
-1,059
-564
-495
220
162
-30
-266
250
-14
-8,881
-362
-286
-76
-532
768
84
-152
222
14
-10,120
860
556
305
-525
427
225
-144
339
30
-11,820
-762
209
-971
-1,596
318
-44
-340
266
29
-3,643
-340
-108
-232
-1,047
14 _ 74
144
-3,709
-5,414
1,618
87
-14,305
-2,746
-1,757
-990
-798
14
15
14
515
15
-11,276
15
13
-980
12,347
,{
39
648
-13
14
-13
-1
-980
63
14
661
1,655
('i'7)"
68
17
(16)
17
17
17
15
14
n.a.
793
5
-10,459 * -10,256
15
-2,256
16,059
2,939
5,893
93
4,002
313
(16)
(16)
(16)
(16)
142
-224
82
38
(16)
(16
(16)
(16)
5,800
2,268
2,205
63
3,690
746
591
156
(16)
-125
I
-7,914
10,420
-2,147
12,567
1,474
1,445
29
13,120
1,725
1,680
45
(16)
(16)
(16)
(16)
(16)
1,184
2,001
614
1,149
2,300
-582
n.a.
(16)
(16)
14,893
2,544
2,396
148
14
-2,187
15
9,503
-5,390
1
39<'>
479
15 _ 54 is-12,799
1,669
14
(17)
-32,260
-22,257
-23,415
-26,598
-9,268
-112
(17)
-37,520
-28,830
-30,092
-33,386
See footnotes on page 57.
-8,749
-3,924
-55
20,591
76
77
78
79
-13,284
-4,314
264
21,837
-170
188
-1,683
(17)
Memoranda:
Balance on merchandise trade (lines 2 and 18)
Balance on goods and services (lines 1 and 17)10
Balance on goods, services, and remittances (lines
77, 35, and 36)
Balance on current account (lines 77 and 33)10
-28
-172
143
-20
365
16,286
-307
-5,898
(17)
17
-9
-168
182
-11
854
939
-85
74 Allocations of special drawing rights
75 Statistical discrepancy (sum of above items with sign reversed)
-13
-166
148
-6,656
2,895
2,906
-11
-1,028
-148
-17
(17)
14
-10
-1,354
300
1 ""
Other foreign assets in the United States, net
Direct investment
307
Equity and intercompany accounts
304
Reinvested earnings of incorporated affiliates
3
(17)
U.S. Treasury securities
U S. securities other than U S Treasury securities
335
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns:
Long-term
I 14 1,212
Short-term
U.S. liabilities reported by U.S. Banks, not included elsewhere:
Long-term
I 1 7 16,879
Short-term
-22
-80
-18,014
(17)
586
-1,020
-864
-156
-2,814
-1,829
-324
-1,040
18,817
19,319
-1,131
-1,068
-63
-3,127
-1,815
-182
179
-297
-860
-293
-970
I"
26,034
-4,556
35
36
IV
15,745
738
374
233
968
759
146
359
23
23
5
-l"
-409
III
25,676
2,670
-59
-1,449
II
I
2,996
2,123
-2,527
1983
1982
1982
1981
32 U S military grants of goods and services net
33 Unilateral transfers (excluding military grants of goods and services),
net.
U.S. Government grants (excluding military grants of goods and
services).
U S Government pensions and other transfers
Private remittances and other transfers
Western Europe
International organizations
and unallocated 13
1,086
14
-1,562
14
492
14
593
(16)
(16)
17,725
1,152
3,752
1,093
4,544
5,796
1,100
-2,621
-4,924
4,669
-1,512
-16,878
-6,979
-8,344
- 12,058
-1,287
-1,780
- 1,797
-2,570
23
144
133
-650
-23
129
109
-546
2,985
2,833
2,830
2,681
2,108
980
963
950
523
-1,872
-1,858
-1,867
1,177
942
913
606
2,361
888
907
879
13,020
-925
1,592
(16
63
SURVEY OF CURRENT BUSINESS
June 1983
Transactions, by Area—Continued
of dollars]
European Communities (10) *1
1982
I
IV
I"
I
IV
III
II
1983
1982
I"
I
II
III
Line
I"
IV
20,306
12,292
489
286
200
772
685
118
264
16
20,570
12,410
468
399
240
838
650
114
273
26
18,143
10,723
547
571
307
819
660
113
280
26
19,703
11,480
507
338
183
785
688
114
278
12
18,295
11,549
602
281
189
784
683
117
301
30
6,739
2,755
103
92
92
208
186
29
104
9
6,618
2,740
79
125
127
228
193
28
111
20
6,239
2,597
95
145
120
223
210
28
112
15
6,077
2,602
101
95
79
200
222
28
111
2
5,554
2,671
162
78
83
202
212
29
127
12
12,392
8,913
316
178
101
399
466
86
142
6
12,658
9,050
286
250
101
425
411
83
144
6
10,688
7,527
351
399
173
423
394
82
150
9
12,442
8,302
311
218
82
418
429
83
150
9
11,539
8,306
351
186
97
414
431
86
155
14
1
2
3
4
5
6
7
8
9
10
2,014
1,715
299
2,870
299
20
1,561
1,651
-90
3,368
223
g
833
1,096
-263
3,066
197
7
2,314
1,624
690
2,777
226
17
974
915
60
2,628
157
5
1,181
1,151
30
1,974
7
602
466
136
• 2,084
8
702
874
-172
1,865
69
197
271
-74
1,775
7
660
490
170
857
269
709
1,246
-537
997
196
-1
70
587
-517
941
168
1,437
743
695
858
144
571
569
1
803
127
(*)
639
328
311
2,317
11
(*)
11
12
13
14
15
16
-18,052
-10,068
-1,497
-317
-595
-684
-63
-52
-209
-79
-19,825
-10,862
-1,448
-958
-817
-773
-39
-51
-246
-103
-20,050
-10,581
-1,586
-1,013
-614
-754
-59
-51
-224
-91
-19,212
-10,838
-1,599
-423
-532
-708
-39
-52
-233
-88
-17,967
- 10,070
-1,472
-314
-644
-665
-52
-53
-238
-112
-5,656
-2,817
-252
-84
-207
-194
1
-25
-103
__g
-6,824
-3,107
-186
-311
-284
-220
-11
-24
-110
-24
-7,274
-3,427
-240
-338
-204
-211
-15
-24
-116
-13
-7,136
-3,695
-217
-162
-167
-199
-21
-25
-121
-9
-5,750
-2,668
-210
-102
-204
-192
-16
-25
-121
-15
-11,461
-6,820
-1,060
-220
-317
-321
-58
-26
-96
-63
-11,918
-7,307
-1,090
-511
-483
-361
-24
-26
-95
-70
-11,793
-6,762
-1,173
-562
-344
-372
-42
-26
-96
-68
-11,044
-6,718
-1,122
-226
-297
-348
-14
-26
-100
-68
-11,302
-6,973
-1,102
-188
-362
-326
-33
-27
-105
-84
17
18
19
20
21
22
23
24
25
26
-798
-629
-169
-2,253
-1,436
-20
54
-790
-655
-136
-2,521
-1,246
-8
49
-1,008
-914
-93
-2,450
-1,622
-7
72
-1,041
-922
-119
-2,257
-1,403
-17
35
-896
-738
-158
-2,030
-1,422
-5
83
-132
-143
11
-1,496
-338
(*)
56
-504
-213
-291
-1,733
-309
-656
-340
-316
-1,708
-322
-618
426
-192
-1,552
-351
-483
-316
-167
-1,412
-303
-669
-485
-184
-733
-1,078
-352
-573
222
-717
- 1,280
-404
-492
88
-687
- 1,034
-416
-422
6
-600
-1,087
(*)
50
-276
-441
165
-761
-914
1
62
38
48
50
49
57
44
77
27
28
29
30
31
32
33
-6
-3
_2
_2
-2
34
-17
73
-9,628
-17
67
-5,343
-17
79
-7,324
-19
57
-5,433
-19
66
-3,532
-101
157
-2,919
-106
-88
140
-2,021
173
-84
143
271
784
-87
133
-3,664
434
-85
164
-959
-61
43
-18
71
_g
-9,671
-832
-802
-30
188
19
-11
28
2
-5,361
-705
-393
-311
-624
20
120
16
4
-7,344
189
325
-136
-87
124
-4
-5,553
227
55
172
-1,014
(*)
-43
37
6
-3,532
-343
-417
74
-661
-106
31
-8
30
8
-2,844
28
198
-170
-103
173
18
-6
33
-9
-2,212
856
319
537
-220
784
26
-3
21
9
-539
744
228
517
-272
434
54
-3
33
24
-4,152
-680
15
-695
-532
-61
36
-18
28
26
-933
316
317
-1
-373
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
14
14
-6
-3
-2
_2
_2
-143
203
-12,662
-106
-130
182
-7,426
173
-127
201
-7,194
784
-130
168
-9,470
434
-124
209
-5,525
-61
-106
119
-33
153
-2
-12,676
-914
-615
-299
95
173
21
-69
97
-8
-7,620
102
12
90
-843
784
83
-18
85
16
-8,060
935
672
263
-358
434
186
-14
174
26
-10,090
-542
148
-690
-1,532
-61
57
-104
124
36
-5,521
-340
-281
-60
-1,031
14
15
III
1983
1982
1983
II
European Communities (6)12
United Kingdom
14
229
-12,085
9,375
15
14
55
-6,934
7,253
15
14
-86
-8,551
11,209
15
675
-8,691
1,005
n.a.
15
-4,149
3,826
14
15
-259
-8,769
9,941
15
-89
-3,943
7,061
15
14
-84
-7,362
8,684
15
-4,947
402
(17)
(17)
(17)
(17)
(17)
(17)
-37
81
-154
-6
— 33
-45
35
25
23
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
2,545
2,376
169
1,268
1,133
136
1,552
1,459
93
1,938
1,819
119
860
702
158
1,139
1,150
-11
743
452
291
1,042
726
316
1,039
848
192
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
1,145
2,040
895
1,243
1,633
649
858
637
-496
n.a.
14
1,123
17
4,599
14
-1,401
17
(17)
14
550
5,264
17
979
-621
-2,180
2,224
2,255
2,315
2,308
1,548
745
797
794
142
-1,907
-1,833
-1,835
8,366
14
17
14
814
(17)
14
(17)
14
-1,066
87
15
-2,528
2,043
15
14
470
-3,239
-853
15
14
171
-3,019
20
15
14
26
-1,037
2,983
15
n.a.
395
-3,335
238
15
-876
1,393
[52
{53
{54
\ 55
(
56
57
58
59
60
(17)
(17)
(17)
(17)
(17)
(17)
-2
14
45
-135
5
-56
(17)
(17)
(17)
(17)
(17)
671
504
167
1,409
1,225
184
502
667
-165
509
731
-222
874
962
-88
189
195
-6
(17)
(17)
(17)
(17)
(17)
(17)
(17)
838
979
472
1,185
263
395
635
/ 61
(
62
J 63
I 64
65
66
67
68
69
-186
n.a.
14
-289
n.a.
170
J71
17
-747
17
(17)
14
14
n.a.
181
(17)
14
319
14
-354
14
470
1,366
17
7,939
1,289
-1,452
-1,564
-387
6,052
1,637
2,790
1,213
-2,207
1,984
-748
{72
\73
74
75
642
491
528
526
1,479
327
412
410
-62
1,083
1,139
1,139
-367
-206
-155
-155
-830
-1,036
-974
-974
-1,093
-1,059
-1,021
-1,021
3
-195
-148
-148
2,093
932
988
981
1,743
740
791
788
765
-1,105
-1,045
-1,048
1,584
1,399
1,445
1,442
1,333
237
316
314
76
77
78
79
-1,675
17
7,384
17
6,491
17
6,893
17
-1,312
17
395
17
-3,066
17
-1,357
17
1,876
625
64
SURVEY OF CURRENT BUSINESS
June 1983
Table 10.—U.S. International
[Millions
Eastern Europe
Line
(Credits + ; debits - ) '
1 Exports of goods and services
11
12
13
14
15
II
1,785
1,199
522
869
1,617
1,030
383
719
32
38
26"
5
19
(*)
3
19
(*)
3
19
2
2
Transfers of goods and services under U.S military grant programs, net
17
Imports of goods and services
Merchandise, adjusted, excluding military 3
Direct defense expenditures
.
Travel
Passenger fares
Other transportation
Fees and royalties to affiliated foreigners
Fees and royalties to unaffiliated foreigners
Private payments for other services
U.S. Government payments for miscellaneous services
Payments of income on foreign assets in the United States:
Direct investment
Interest dividends and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private payments
U.S. Government payments
18
19
20
21
22
23
24
25
26
27
28
29
30
31
. . . .
32
U.S. military grants of goods and services, net
33
34
35
36
Unilateral transfers (excluding military grants of goods and services), net
U.S. Government grants (excluding military grants of goods and services)
U S Government pensions and other transfers
Private remittances and other transfers
37
U.S. assets abroad, net (increase/capital outflow ( — ))
U.S. Government assets, other than official reserve assets, net
U S loans and other long-term assets
. . . .
Repayments on U.S. loans 5
U.S. foreign currency holdings and U.S. short-term assets, net
47
48
49
50
51
U S private assets, net
Direct investment
Equity and intercompany accounts
Reinvested earnings of incorporated affiliates
Foreign securities
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns:
Long-term
Short-term
U.S. claims reported by U.S. banks, not included elsewhere:
Long-term
}
Short-term
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
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:
Short-term
U.S. liabilities reported by U.S. banks, not included elsewhere:
72
73
74
75
Short term
All
tion f soecial drawine ritrhts
Statistical discrepancy (sum of above items with sign reversed)
76
77
78
79
Memoranda:
Balance on merchandise trade (lines 2 and 18)
Balance on goods and services (lines 1 and 17) 10
. .
Balance on goods services and remittances (lines 77, 35, and 36)
Balance on current account (lines 77 and 33) 10
See footnotes on page 57.
13,487
14,299
13,580
12,628
13,889
806
9,931
23
831
10,713
27
698
9,586
29
626
9,045
24
469
9,939
29
787
44
45
3
20
1
3"
20
2
192
242
17
144
1
217
242
17
142
2
223
260
17
144
27
231
220
17
150
11
197
241
17
162
11
467
586
-119
1,635
5
498
576
-78
1,731
12
1,010
398
612
1,653
6
944
548
396
1,506
12
900
308
592
1,599
7
72
12
64
4
-364
-267
-335
-12,656
-14,186
-13,843
-13,105
-Ii3,653
-218
(*)
-6
-292
(*)
-1
-11,601
-40
-219
- 12,733
-39
-478
-11,937
-42
-929
-12,202
-53
-310
- 12,522
-34
-217
-18
-25
-21
-24"
-118
-63
-3
-89
-14
-165
-62
-3
-92
-14
-166
-58
-3
-97
-61
-164
-33
-3
-100
-11
-131
-86
-3
-101
-30
48
-30
78
-481
-77
-37
-84
46
-499
-63
-28
-134
107
-453
-69
222
32
190
-374
-76
-74
-163
90
-375
-81
-Y
-i"
-3
-11
-9"
-2l"
-l"
-4
_7
-3
-12
-9"
(*)
-4
-10
-7"
-?"
47
-11
76
-18
-37
-12
-7
-19
-36
-17
-5
-14
-34
-5
-7
-21
-32
-8
-7
-18
-53
-59
-53
-55
-44
-56
3
-58
-1
-60'
7
-64"
9
-60"
16
441
-44
55
-18
-31
149
285
-2,602
-3,705
6
-18
34
-9
17
-2
15
4
-13
-4
-1
-9
11
-2
7
5
1
-3
-41
-58
8
10
-25
-25
24
-23
-2
-11
9
(*)
-45
-61
24
-8
-48
-52
9
-4
435
-61
68
-29
-29
-1
(*)
-3
189
2,249
2,130
119
-892
-208
227
149
78
66
287
-783
-171
-612
-1,320
-2,557
-380
17
-396
-217
-3,658
-238
354
-592
-638
-76
n.a.
(*)
15464
14
15
44
-105
27
(17)
(*)
(*)
(17)
14
1547
15
-26
-206
296
14
15
-2,681
14
17
21
146
-930
742
845
819
808
(17)
14
17
-11
-216
50
87
158
139
122
17
501
602
574
569
-340
514
609
584
577
-2,781
(16)
(16)
14
-94
(16)
180
-1,670
831
777
777
-4
21
6
(16)
(16)
-847
15
(16)
-73
-210
-2,114
(16)
-1
17
15
(16)
(17)
254
2,298
n.a.
3,137
871
(*)
n.a.
15
154
940
6
(17)
42
-1,310
14
92
519
475
(17)
14
15
14
809
792
-49
4
(*)
(17)
14
-1,106
-750
(17)
(17)
-233
1,514
-356
-1,152
-1,074
-78
-1
1,352
1,482
1,540
1,529
15
(17)
(17)
-1,847
42
(17)
(*)
-109
14
-227
166
(17)
,._ 16
17
944
I"
-296
(*)
-22
1, <;„:
}
IV
-354
-124
}
III-
-288
-1
-17
} ,«_»
Foreign assets in the United States, net (increase/capital inflow ( + ))
Foreign official assets in the United States, net
. . .
U S Government securities6
U S Treasury securities
Other 7
Other U S Government liabilities 8 .
U S liabilities reported by U S banks not included elsewhere
Other foreign official assets 9
II
-303
-e"
43
44
45
46
I
-265
-1
-2
-3
-7
U S official reserve assets net 4
Gold
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies
87
3
1983
1982
I"
IV
95
13
-T
38
39
40
41
42
52
53
III
98
14
16
1983
I
Merchandise adjusted excluding military 3
Transfers under U.S. military agency sales contracts
Travel
Passenger fares
Other transportation .
Fees and royalties from affiliated foreigners
Fees and royalties from unaffiliated foreigners
Other private services
U.S. Government miscellaneous services
Receipts of income on U.S. assets abroad:
Direct investment
Interest dividends and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private receipts
U.S. Government receipts
2
3
4
5
6
7
8
9
10
Canada
1982
(16)
(16)
-7
_2
(16)
(16)
2,266
-91
-1
-90
840
-71
-25
-46
44
467
573
-107
934
-310
-120
-190
(16)
(16)
(16)
73
160
87
344
374
n.a.
14
48
,16)
14
-58
(16)
-612
-488
-2,020
113
54
54
-2,351
-263
-316
-316
14
(16)
(16)
(16)
2,195
376
-3,157
-477
-533
-533
-2,583
236
192
192
SURVEY OF CURRENT BUSINESS
June 1983
65
Transactions, by Area—Continued
of dollars]
Japan
Latin American Republics and Other Western Hemisphere
1983
1982
I
J
}
15
II
III
Ip
IV
Australia, New Zealand, and South Africa
1982
I
III
II
Ip
IV
1983
1982
1983
I
II
III
Line
I"
IV
17,903
19,897
18,099
15,226
13,810
7,838
7,664
7,584
7,434
7,124
2,927
3,130
2,592
2,241
2,297
1
8,729
18
1,251
129
379
136
30
368
13
9,383
39
1,216
167
399
133
29
349
20
8,187
90
1,121
187
413
134
29
336
14
6,865
38
902
120
373
181
29
352
14
6,201
30
767
116
382
81
31
379
15
5,199
104
248
139
479
73
116
52
3
5,068
114
227
179
500
91
121
54
5
5,116
97
271
128
473
75
126
56
7
5,311
132
206
146
453
63
130
58
(*)
4,728
106
277
157
476
93
133
59
6
2,022
35
66
36
93
83
22
61
1
2,245
35
115
48
96
85
23
61
(*)
1,868
38
106
68
98
85
24
60
3
1,521
27
63
55
94
96
25
61
1
1,431
274
63
37
96
91
26
66
3
2
3
4
5
6
7
8
9
10
646
526
120
6,107
98
1,083
254
830
6,989
89
701
10
691
6,781
108
420
196
224
5,721
210
307
60
247
5,276
225
317
102
214
1,062
46
96
28
68
1,170
39
145
181
-36
1,042
48
99
81
18
793
43
289
97
192
746
53
366
245
121
138
4
224
304
-80
190
7
81
217
-137
156
6
111
184
-73
181
6
45
205
-160
157
8
11
12
13
14
15
17
15
22
26
7
(*)
-15,190
-15,597
-15,934
-15,456
-14,688
- 12,064
-12,008
-11,689
-10,438
-11,152
-1,504
-1,536
-1,812
-1,805
-1,622
17
-9,207
-82
-1,350
-101
-405
-11
-3
-406
-72
-9,262
-74
-1,219
-111
-412
-5
-3
-414
-88
-9,927
-58
-1,274
-120
-422
-10
-3
-423
-120
-10,165
-70
-1,210
-66
-375
-11
-3
-450
-61
-9,462
-50
-1,457
-105
-360
-4
-3
-460
-84
^9,993
-256
-47
-53
-493
21
-10
-32
-17
-9,647
-384
-108
-67
-529
41
-9
-36
-24
-9,586
-339
-64
-61
-512
53
-9
-39
-8
-8,459
-389
-53
-38
-450
57
-9
-41
-9
-9,294
-319
-41
-63
-450
41
-10
-42
-22
-1,135
-6
-139
-55
-91
-1
-13
-8
-1,192
-16
-41
-59
-94
-1
-1
-14
-7
-1,367
-16
-77
-82
-99
-1
_\
-15
-22
-1,339
-11
-122
-60
-89
-1
-1
-15
-8
-1,134
-10
-162
-51
-82
(*)
-1
-15
-19
18
19
20
21
22
23
24
25
26
-158
-112
-47
-3,332
-65
-77
-100
23
-3,879
-53
-106
-117
11
-3,409
-61
-128
-145
17
-2,850
-68
-57
-103
46
-2,579
-68
-73
-44
-29
-299
-812
-112
-51
-61
-356
-777
-104
-138
35
-332
-688
-166
-144
-22
-271
-611
-191
-105
-86
-234
-528
-3
3
-27
-29
6
-2
8
-34
-84
1
-9
10
-37
-97
-10
-7
-3
-29
-120
-6
-5
-1
-25
-117
27
28
29
30
31
-16
(*)
-4
-12
-15
-4
-11
-20
_1
-4
-14
-15
(*)
-4
-11
33
34
35
36
-499
-823
530
-144
16
(*)
-17
-15
-22
-26
_7
(*)
-280
-90
-66
-124
-331
-102
-71
-159
-439
-245
-71
-123
-282
-82
-67
-133
-328
-124
-68
-135
-50
-11
-9
-19
-2
-7
-43
1
-11
5
-14
-7
-12
8
-9
-15
(*)
-4
-11
-14,336
-19,255
-13,215
90
-7,632
547
-3,845
1,828
-5
-2,057
-715
-200
-632
-1,262
1,168
-30
-39
-38
-86
-37
32
(*)
-200
-632
-1,262
1,168
-30
-39
-38
-86
-37
-174
-439
255
10
-138
-439
302
(*)
-1,177
-1,502
328
-3
13
-407
422
-3
249
-365
613
1
12
-16
27
1
27
24
22
27
(*)
23"
1
23"
-1
21
-8
28
(*)
-40
-11
5
-34
-20
-27
18
-11
-16
-8
6
-14
34
-17
17
34
10
-9
7
12
43
44
45
46
-14,162
383
503
-120
240
-18,917
2,226
3,055
-830
238
-11,406
1,464
2,155
-691
-197
1,339
1,747
1,972
-224
-278
-9,049
1,077
1,324
-247
381
566
-232
-18
-214
107
-3,833
321
388
-68
-86
59
-6
12
-18
-821
-2,040
-162
30
-192
-239
-675
-300
-179
-121
-20
-479
-91
-171
80
-3
-806
-40
-177
137
-382
496
592
519
73
27
-154
273
113
160
38
47
48
49
50
51
14
14
1,242
n.a.
n.a.
n.a.
J52
\53
-465
{54
155
- 1,044
56
57
58
59
60
61
62
63
1,305
- 16,090
.
15
17
( )
17
14
-742
-20,639
13,763
|
15
14
697
-13,370
15
-1,372
15
14
15
-10,507
86
605
14
15
1,842
-41
-77
36
-318
14
-122
-3,945
15
325
14
-133
1,876
15
1,019
15
-1,639
204
2,056
7,682
1,432
-1,341
-124
-2,383
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
133
15
72
58
-165
178
-70
-81
-143
(17)
(17)
(17)
(17)
(17)
(17)
265
219
47
277
299
-23
-291
-280
-11
475
492
-17
192
238
-46
238
209
29
(17)
(17)
(17)
(17)
(17)
(17)
11
166
266
97
104
-66
i4 77
-391
n.a.
14
-464
7,335
17
1,719
(17)
(17)
15
14
36
-391
1,114
13,044
(»)
14
15
297
-406
14
15
-335
15
43
-166
1,709
310
(17)
15
(17)
(17)
(17)
45
40
26
(17)
(17)
(17)
21
(17)
14
-49
2,770
(17)
(17)
21
-157
(17)
I
}
|
37
38
39
40
41
42
14
7
14
-56
14
410
444
-35
262
240
22
(17)
(17)
(17)
(17)
-55
-262
242
-77
14 _ n
n.a.
835
774
61
14
14
21
153
205
119
86
14
29
37
-8
(17)
(17)
(17)
13
43
13
14
-29
14
8
7
1
47
44
3
6
15
-10
40
43
-3
(17)
(17)
14
142
(
{
64
65
66
67
68
69
65
96
92
n.a.
(70
{71
-990
-1,860
2,242
11,285
-1,634
1,156
2,296
9,541
2,409
5,411
4,973
-990
-3,849
-253
-2,655
528
|72
\73
74
75
-478
2,713
2,522
2,432
121
4,299
4,070
3,968
-1,740
2,165
1,971
1,726
-3,300
-230
-429
-511
-3,261
-878
-1,082
-1,206
-4,794
-4,226
-4,276
-4,276
-4,579
-4,344
-4,355
-4,355
-4,470
-4,105
-4,114
-4,114
-3,148
-3,004
-3,023
-3,023
-4,566
-4,028
-4,030
-4,030
887
1,422
1,407
1,407
1,053
1,594
1,578
1,578
501
780
765
765
182
436
417
416
297
674
660
660
76
77
78
79
17
13,536
17
12,392
17
530
17
1,634
17
17
-2,319
17
-354
17
-2,795
17
1,129
17
253
17
2,639
17
249
17
1,478
17
SURVEY OF CURRENT BUSINESS
66
June 1983
Table 10.—U.S. International Transactions, by Area—Continued
[Millions of dollars]
International organizations and unallocated 13
Other countries in Asia and Africa
Line
(Credits -4- ; debits - )
l
1982
I
1 Exports of goods and services
2
Merchandise, adjusted, excluding military 3
Transfers under U.S. military agency sales contracts
Travel
Passenger fares.....
Other transportation
Fees and royalties from affiliated foreigners
Fees and royalties from unaffiliated foreigners
Other private services
U S Government miscellaneous services
Receipts of income on U.S. assets abroad:
Direct investment
. . .
Interest, dividends, and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private receipts
U S Government receipts
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Transfers of goods and services under U.S. military grant programs, net
17
Imports o f goods a n d services
.
.
.
.
.
.
.
Merchandise adjusted, excluding military 3
Direct defense expenditures
Travel
.
Passenger fares
Other transportation
. .
.
Fees and royalties to affiliated foreigners
Fees and royalties to unaffiliated foreigners
Private payments for other services
U.S. Government payments for miscellaneous services
Payments of income on foreign assets in the United States:
Direct investment
Interest, dividends, and earnings of unincorporated affiliates
Reinvested earnings of incorporated affiliates
Other private payments
U.S Government payments
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1983
II
III
IV
I"
1983
1982
I
18,715
19,788
18,578
17,670
18,298
12,081
1,791
200
93
712
143
47
433
40
12,377
2,337
199
91
713
111
51
454
65
11,482
2,031
275
149
671
138
53
469
58
11,038
2,121
132
88
611
205
55
473
46
11,332
2,402
175
60
625
134
56
471
48
1,533
1,165
368
1,226
415
1,596
1,404
193
1,353
441
1,405
1,161
244
1,327
521
1,250
1,064
186
1,184
468
1,253
1,002
250
1,119
624
36
27
205
53
13
-21,567
-19,333
-21,962
-18,868
-17,387
-17,277
-818
-302
-77
-495
91
-2
-92
-119
-14,678
-811
-395
-72
-519
97
-2
-97
-145
-17,452
-804
-266
-91
-584
90
-2
-101
-148
-14,449
-726
-331
-90
-485
121
-2
-106
-145
-13,233
-904
-233
-73
-462
80
-2
-110
-139
-91
-96
5
-896
-1,491
-104
-108
5
-1,009
-1,599
-61
-94
33
-920
-1,623
-31
-73
42
-816
-1,810
-32
-84
51
-708
-1,572
I"
IV
III
II
769
655
812
761
757
37
34
9
7
(')
234
-52
184
-82
247
-51
249
-24
240
-19
195
1
198
1
202
1
207
1
213
2
180
50
129
115
58
179
70
109
137
4
226
114
112
114
64
159
183
-24
162
102
46
56
150
68
-718
-908
-579
-ib
-16
-294
-17
-283
-19
-233
-101
-52
-156
-334
-64
-32
-217
-51
-194
-86
-166
-81
-193
-49
-214
-243
-243
-102
-102
-100
-100
-665
-576
-23
-19
-295
-246
32
U S military grants of goods and services net
-36
-27
-53
-13
33
34
35
36
Unilateral transfers (excluding military grants of goods and services), net
U.S. Government grants (excluding military grants of goods and services)
U S Government pensions and other transfers
Private remittances and other transfers
-1,377
-1,042
-79
-257
-1,154
-830
-83
-241
-925
-571
-80
-274
-1,623
-1,272
-83
-268
-1,021
-659
-84
-278
-167
-167
-163
-144
37
U.S. assets abroad, net (increase/capital outflow (-))
-3,807
-6,406
-3,075
-4,726
-2,420
-875
-1,805
-1,531
-1,687
-2,851
-947
-1,055
-892
-1,030
-2,237
-400
-547
-241
-814
-434
-459
-297
-732
-98
-2,139
-197
-198
1
-357
-360
4
-460
16
-8
24
-476
-257
221
277
-56
-418
38
39
40
41
42
U S official reserve assets, net 4
Gold
Special drawing rights
Reserve position in the International Monetary Fund
Foreign currencies
43
44
45
46
U.S. Government assets, other than official reserve assets, net
U.S. loans and other long-term assets
Repayment on U S loans 5
U.S. foreign currency holdings and U.S. short-term assets, net
47
48
49
50
51
U S private assets, net
Direct investment
Equity and intercompany accounts
Reinvested earnings of incorporated affiliates
Foreign securities
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns:
Long-term
52
53
54
55
56
U.S. claims reported by U.S. banks, not included elsewhere:
Long-term
Short-term
Foreign assets in the United States net (increase/capital inflow ( 4 - ) )
57
58
59
60
61
62
63
Foreign official assets in the United States, net
U S Government securities
.
...
U S Treasury securities 6
Other 7
8
Other U S Government liabilities
U S liabilities reported by U S banks not included elsewhere
Other foreign official assets 9
64
65
66
67
68
69
Other foreign assets in the United States net
Direct investment
70
71
72
73
74
75
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:
Memoranda:
76 Balance on merchandise trade (lines 2 and 18)
77 Balance on goods and services (lines 1 and 17) 10
78 Balance on goods, services, and remittances (lines 77, 35, and 36)
79 Balance on current account (lines 77 and 33) 10
20
-503
-840
348
-11
-1,110
-1,547
397
41
-1,196
-1,602
386
20
-900
-1,426
487
37
-1,004
-1,371
333
34
-166
-169
3
-207
-229
22
-195
-195
-3,304
-1,878
-1,510
-368
-294
-5,296
-663
-471
-193
-87
-1,879
-899
-655
-244
-252
3,827
694
879
-186
-165
-1,417
-1,562
-1,311
-250
-106
238
180
309
-129
58
-543
-400
-291
-109
-143
-445
-55
57
-112
-337
Ij ,.,
14
527
i5- 1,659
14
15
-213
14
-113
-4,333
15
-615
4,303
4,033
(17)
14
15
314
-4,669
15
1,482
2,528
2,289
(17)
(17)
( 17 :>
78
45
1 <-
(»)
(17)
(17)
(17),
349
354
-5
320
353
-33
39
81
-42
564
616
-51
(17)
(17)
(17)
(17)
51
122
14
-600
4,106
-186
14
-1,136
17
5,027
14
17
14
-947
2,018
17
-60
-302
-7
(*)
-9
-1
5
-7
(*)
(17)
23
496
n.a.
-1,458
-616
(17)
(17)
85
486
-302
(17)
(17)
87
-126
45
n.a.
17
-689
17
1,373
17
-490
17
399
17
257
4,003
2,801
5,901
5,019
242
1,613
433
2,292
1,458
2,472
-5,196
-2,852
-3,188
-4,229
-2,301
455
131
-699
-5,970
-3,384
-3,738
-4,309
-3,411
-1,198
-1,549
-2,821
-1,901
911
549
-110
104
104
-63
23
78
59
-85
94
94
-149
-147
-147
-249
177
177
-78
See footnotes on page 57.
Table lOa.—International Transactions, by Selected Countries (published annually) is on page 58 of this issue.
478
-611
5
83
1,828
15
-53
-1
(17)
17
15
-9
79
1,869
_1
1,457
-676
-666
146
151
-5
14
15
251
-58
'
n.a.
n.a.
330
17
Short-term
.
Allocations of special drawing rights
Statistical discrepancy (sum of above items with sign reversed)
-205
June 1983
and steel products and included in industrial supplies. For 1982, $2,801 million was shifted to the new category
and included in table 3, section D, as
part of line 82, "construction, textile,
and other specialized industry machinery and nonfarm tractors."
Second, for both exports and imports,
automotive products have been redefined to include automotive tires and
tubes. These were previously included
with all other tires and tubes in industrial supplies. For 1982, $243 million in exports and $1,054 million in
imports were shifted to the new category and included in table 3, section
D, line 47 and line 95, respectively, as
part of "bodies, engines, parts and accessories, n.e.c." In addition to these
methodological changes, sections A, C,
and D of table 3 have been expanded,
mainly to provide additional commodity classifications.
Changes have been made to three
components of the service accounts.
First, estimates for fees and royalties
transactions with unaffiliated foreigners have been revised from 1977 to
1982 to reflect information obtained
from the 1977 benchmark survey of
U.S. direct investment abroad. Receipts were raised about $100 million
annually and payments about $60
million. Second, estimates of bank
income receipts on U.S. portfolio investment abroad were lowered to reflect an improved method of estimating fees earned by banks on undrawn
lines of credit. This change was carried back to 1980. Another change, affecting 1982 only, was in the average
of interest rates applied to average
outstanding balances to derive estimated income receipts on term loans.
This change reflects shortened maturities and frequent repricing of loan
assets in recent quarters, and permits
the income estimates to respond more
quickly to changing conditions in financial markets. As a result of both
67
SURVEY OF CURRENT BUSINESS
changes, bank income receipts were
lowered by $983 million in 1982.
Third, major changes were made to
estimates of other transportation receipts (table 1, line 6) and other transportation payments (table 1, line 22)
for 1977-82. The revised estimates are
based largely on Bureau of the
Census information on import charges
(freight and insurance) and related
shipping weights, which were classified by flag of ship for the first time
in January 1980. Because the Bureau
of the Census information includes
the universe of import charges, it is
the preferable basis for preparing estimates of U.S. international transportation transactions. Previous estimates were based largely on BEA
annual sample surveys of foreign ship
operators and their U.S. agents. Revisions for 1981-82 are based directly
on the new information; revisions for
1977-80 were extrapolated from 198182.
In measuring U.S. international
transportation transactions, it is necessary to identify the nationality of
the ship operator providing transportation services rather than the nationality of the flag of the ship. Although frequently the same, important differences occur because some
owners register ships in so-called flag
of convenience countries, and owners
and operators lease idle ships to operators of other nationalities. Thus, adjustments are made by BEA to
remove freight payments to U.S. operators of foreign-flag ships from the
Bureau of the Census data on import
charges associated with foreign-flag
ships; to remove the volume of trade
carried by those U.S. operators from
the data on the volume of trade carried on foreign-flag ships; and to add
the volume of trade carried by those
U.S. operators to the volume carried
on U.S.-flag ships. The adjustments
are based on samples derived from
unpublished data from vessel clearance reports filed with the Bureau of
the Census. Also, BEA estimates of insurance are removed because insurance is not part of the transportation
accounts. The adjustments affect estimates of U.S. ocean freight payments
and receipts and of payments and receipts for port services.
A comparison of previous and revised estimates of U.S. ocean freight
payments indicates transportation
services were undervalued in the previous estimates, mainly because of underreported payments to foreign ship
operators. This undervaluation was
partly offset by evidence that the
volume of trade carried by foreign operators was overestimated. A decrease
in receipts from foreign operators for
port services and an increase in payments by U.S. operators reflected a
reduced estimate of the volume of
U.S. merchandise trade carried by foreign operators and an increase in the
share carried by U.S. operators. An
increase in U.S. ocean freight receipts
reflected a higher estimate of U.S. operators' export trade volume. Table E
summarizes changes in ocean freight
and port services estimates.
Table E.—Major Revisions to Transportation
Accounts
[Millions of dollars]
Ocean freight
Previous
Revised
Port services
Previous
Revised
Receipts:
1977
1978 .
1979
1980 .
1981
1982 ..
1,237
1,432
1,729
2,071
2,232
1,943
1,339
1,621
2,091
2,641
2,803
2,549
3,413
3,963
4,654
4,841
5,049
4,939
3,137
3,511
4,235
4,435
4,552
4,468
4,622
5,325
6,039
5,619
5,722
4,869
4,611
5,295
6,084
5,809
5,978
5,450
943
1,041
1,203
1,367
1,513
1,424
1,051
1,255
1,607
1,905
2,054
1,957
Payments:
1977
1978
1979
1980
1981
1982 .
Constant-Dollar Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade
Tables 1, 2, and 3 present constant-dollar inventories, sales, and inventory-sales ratios, respectively, quarterly and monthly. Table 4 presents quarterly constant-dollar fixed-weight inventorysales ratios, i.e., ratios obtained by weighting detailed industry ratios by 1972 sales. Table 5 presents monthly inventories for manufacturing by stage of fabrication; these were introduced in
"Constant-dollar Manufacturing Inventories" in the November 1981 SURVEY OF CURRENT BusiNESS. For the tables, quarterly estimates for 1977-82 and monthly estimates (except table 4) for
1982 were published in the February 1983 SURVEY.
Table
m ui * **
*
.
Table 1.—Manufacturing and Trade Inventories in Constant Dollars Seasonally Adjusted, End of
Period
2.—Manufacturing and Trade Sales in
Constant Dollars Seasonally Adjusted at
Monthly Rate
[Billions of 1972 dollars]
Manufacturing and trade
Manufacturing
Durable goods
Primary metals
Fabricated metals
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles
Other transportation equipment
Other durable goods 1
Nondurable goods
Food and kindred products
Nonfood
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastic products
Other nondurable goods 2
Merchant wholesalers
Durable goods
Nondurable goods
,
Groceries and farm products
Other nondurable goods
Retail trade
Durable goods
Auto dealers
Other durable goods
Nondurable goods
Food stores
Other nondurable goods
[Billions of 1972 dollars]
1982
1983
1982
IV'
I
Dec/
261.0
139.7
95.4
12.5
10.2
23.4
15.1
18.7
3.6
15.0
15.6
44.3
10.8
33.5
4.3
8.2
3.2
3.0
14.7
55.4
36.8
18.6
7.4
11.2
65.9
30.0
14.3
15.7
35.9
7.8
28.1
257.3
136.9
93.1
12.3
10.0
22.8
14.7
18.2
3.6
14.6
15.2
43.8
10.7
33.1
4.2
8.1
3.2
2.9
14.6
54.2
35.6
18.6
7.2
11.3
66.2
30.0
14.2
15.8
36.2
7.6
28.6
261.0
139.7
95.4
12.5
10.2
23.4
15.1
18.7
3.6
15.0
15.6
44.3
10.8
33.5
4.3
8.2
3.2
3.0
14.7
55.4
36.8
18.6
7.4
11.2
65.9
30.0
14.3
15.7
35.9
7.8
28.1
1983
Jan.
Feb.
258.8
138.1
94.0
12.3
10.1
23.1
14.9
18.3
3.5
14.8
15.3
44.1
10.9
33.2
4.2
8.1
3.3
3.0
14.7
55.1
36.5
18.6
7.4
11.1
65.5
29.9
14.1
15.8
35.7
7.7
28.0
Mar.
258.9
137.9
93.9
12.4
10.0
23.1
14.8
18.4
3.6
14.8
15.3
44.0
10.8
33.2
4.2
8.1
3.3
2.9
14.7
54.5
35.7
18.8
7.5
11.2
66.5
30.4
14.5
15.8
36.2
7.7
28.4
Apr."
257.3
136.9
93.1
12.3
10.0
22.8
14.7
18.2
3.6
14.6
15.2
43.8
10.7
33.1
4.2
8.1
3.2
2.9
14.6
54.2
35.6
18.6
7.2
11.3
66.2
30.0
14.2
15.8
36.2
7.6
28.6
1982
1983
1982
IV
I
Dec/
151.1
64.7
34.6
3.1
3.7
7.4
6.5
6.3
3.6
2.7
7.5
32.1
11.2
20.9
2.7
5.6
2.5
1.5
8.6
37.6
16.6
21.0
11.1
9.9
46.9
15.8
8.9
6.9
31.0
9.9
21.1
257.5
137.0
93.3
12.3
10.0
22.7
14.8
18.3
3.6
14.7
15.1
43.7
10.5
33.2
4.2
8.2
3.2
3.0
14.7
54.4
35.6
18.8
7.3
11.5
66.1
29.8
14.3
15.5
36.3
7.5
28.8
156.2
70.0
37.1
3.4
4.0
7.6
6.9
7.5
4.8
2.7
7.9
32.9
11.4
21.4
2.8
5.8
2.5
1.5
8.9
39.0
16.9
22.1
11.9
10.1
47.2
16.1
8.8
7.3
31.1
9.8
21.3
1983
Jan.
151.9
67.0
34.8
3.2
3.6
7.5
6.6
6.5
3.8
2.7
7.5
32.2
11.2
21.1
2.7
5.7
2.5
1.5
8.7
37.7
16.8
20.9
11.0
10.0
47.2
16.1
8.9
7.2
31.1
10.0
21.1
Feb.
156.0
69.5
36.8
3.4
4.0
7.5
6.8
7.2
4.5
2.7
8.0
32.6
11.3
21.3
2.8
5.7
2.5
1.6
8.8
39.3
17.6
21.7
11.6
10.1
47.2
16.0
8.7
7.3
31.2
9.8
21.4
Mar.
155.2
69.6
36.8
3.3
3.9
7.3
6.8
7.7
4.9
2.7
7.8
32.8
11.5
21.3
2.8
5.9
2.3
1.5
8.9
38.8
16.5
22.3
12.4
9.9
46.8
15.8
8.6
7.2
31.0
9.9
21.2
157.5
71.0
37.8
3.5
4.0
8.0
7.0
7.5
4.8
2.7
7.8
33.2
11.5
21.7
2.8
5.9
2.6
1.5
9.0
38.7
16.6
22.2
11.8
10.4
47.8
16.6
9.2
7.4
31.1
9.9
21.2
Apr."
158.3
72.5
39.2
3.6
4.1
7.8
7.5
8.3
5.0
3.3
8.0
33.3
11.2
22.1
3.0
5.8
2.8
1.6
8.9
38.0
16.5
21.5
11.3
10.2
47.8
16.7
9.3
7.4
31.1
9.9
21.2
See footnotes to table 4.
Table 3.—Constant-Dollar Inventory-Sales Ratios for Manufacturing and Trade,
Seasonally Adjusted
Table 4.—Fixed-Weight Constant-Dollar Inventory-Sales Ratios for Manufacturing and
Trade, Seasonally Adjusted
[Ratio, based on 1972 dollars]
1982
1983
1982
IV r
I
Dec/
19 33
Jan.
Feb.
[Ratio, based on 1972 dollars]
Apr."
Mar.
1982
Manufacturing and trade
Manufacturing
Durable goods
Primary metals
Fabricated metals .
.
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles
Other transportation equipment
Other durable goods *
Nondurable goods
Food and kindred products
Nonfood .
.
.
Paper and allied products
Petroleum and coal products
Rubber and plastic products
Other nondurable goods 2
Merchant wholesalers
Durable goods
Nondurable goods
Groceries and farm products
Other nondurable goods
Retail trade
Durable goods
Auto dealers
Other durable goods
Nondurable goods
Food stores
.
. .
Other nondurable goods
1.73
2.10
2.76
399
2.76
3.15
2.31
2.97
1.01
5.65
207
1.38
97
1.60
1.58
147
1.26
2.02
1.72
1.47
2.21
.89
.67
1.13
1.41
1.89
1.61
226
1.16
.78
133
.
'.
. ..
...
...
1.72
2.08
2.74
3.97
2.82
3.11
2.30
2.86
.96
5.48
2.09
1.38
97
1.59
1.58
144
1.30
2.03
1.70
1.47
2.20
.89
.67
1.13
1.40
1.87
1.61
2.19
1.15
.78
1.33
1.65
1.96
2.51
363
2.52
3.00
215
2.44
75
5.39
193
1.33
93
1.54
1.52
139
1.31
1.94
1.65
1.39
2.11
.84
.61
1.12
1.40
1.86
1.61
217
1.16
.77
135
1.66
1.99
2.55
3.67
2.54
3.08
2.20
2.54
.77
5.55
1.90
1.35
.96
1.56
1.51
141
1.32
1.89
1.68
1.40
2.08
.85
.64
Ul
1.39
1.87
1.62
2.17
1.14
.79
1.31
1.67
1.98
2.55
3.73
2.56
3.17
2.18
2.39
.72
5.42
1.96
1.34
.94
1.56
1.54
138
1.40
1.98
1.66
1.40
2.17
.84
.61
1.13
1.42
1.93
1.69
2.21
1.17
.78
1.34
1.63
1.93
2.47
3.54
2.51
2.85
2.11
2.42
.75
5.33
1.94
1.32
.93
1.52
1.51
1.38
1.25
1.99
1.63
1.40
2.15
.84
.62
1.09
1.39
1.80
1.54
2.13
1.16
.77
1.35
1.63
1.89
2.38
3.45
2.44
2.93
1.96
2.21
.73
4.43
1.90
1.31
.94
1.51
1.42
1.41
1.13
1.88
1.65
1.43
2.16
.87
.64
1.12
1.38
1.79
1.53
2.11
1.17
.76
1.36
Manufacturing and trade
Manufacturing
Durable goods
Nondurable goods
Merchant wholesalers
Durable goods ....
Nondurable goods
Retail Trade
Durable goods
Nondurable goods
1983
II
III
1.73
2.07
262
143
1.46
220
.85
1.38
1.91
1.11
1.77
2.08
266
140
1.52
233
.84
1 44
208
1.12
IV
1.77
2.14
273
144
1.52
228
.89
137
188
1.11
I
1.69
1 99
252
138
1.45
216
.86
137
185
1.12
r
Revised. p Preliminary.
1. Includes lumber and wood products; furniture and fixtures;
stone, clay, and glass products; instruments and related products; and miscellaneous manufacturing industries.
2. Includes tobacco manufacturers; textile mill products;
apparel products; printing and publishing; and leather and
leather products.
NOTE.—Manufacturing inventories are classified by the type of
product produced by the establishment holding the inventory.
Trade inventories are classified by the type of product sold by the
establishment holding the inventory.
See footnotes to table 4.
Table 5.—Manufacturing Inventories by Stage of Fabrication in Constant Dollars, Seasonally Adjusted End of Period
[Billions of 1972 dollars]
Dec/
Manufacturing
Durable goods.
.
Primary metals
Fabricated metals . .
Machinery except electrical
Electrical machinery
Motor vehicles
Other transporation equipment
Other durable goods 1
Nondurable goods ....
Food and kindred products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastic products
Other nondurable goods 2
See footnotes to table 4.
68
48.4
30.2
4.9
4.3
6.5
4.4
1.8
2.7
5.6
18.3
3.9
2.3
3.2
.9
1.1
7.0
Jan.
47.9
29.7
4.8
4.3
6.4
4.3
1.6
2.7
5.5
18.3
4.0
2.2
3.2
.9
1.1
6.9
Feb.
47.8
29.6
4.8
4.3
6.4
4.3
1.6
2.8
5.4
18.2
4.0
2.2
3.1
.9
1.1
6.9
Mar.
47.2
29.1
4.6
4.2
6.4
4.2
1.7
2.7
5.4
18.2
4.0
2.2
3.1
.9
1.1
6.9
Apr."
47.3
29.1
4.6
4.2
6.3
4.2
1.7
2.7
5.3
18.2
4.0
2.2
3.1
.9
1.1
6.9
Dec/
48.2
41.3
4.6
3.4
9.6
7.5
1.2
10.8
4.2
6.9
1.0
.5
1.3
.7
.5
2.8
Jan.
47.8
40.8
4.5
3.4
9.5
7.4
1.2
10.6
4.2
6.9
1.0
.5
1.3
.7
.5
2.9
Feb.
47.8
40.8
4.6
3.4
9.6
7.4
1.2
10.6
4.1
7.0
1.0
.5
1.3
.7
.5
3.0
1983
1982
1983
1982
1983
1982
Finished goods
Work-in-process
Materials and supplies
Mar.
47.6
40.6
4.5
3.4
9.5
7.5
1.3
10.5
4.1
6.9
1.0
.5
1.3
.8
.5
2.9
Apr."
47.8
40.7
4.5
3.3
9.4
7.5
1.3
10.5
4.1
7.0
1.0
.5
1.4
.7
.5
2.9
Dec/
43.1
24.0
3.1
2.5
7.3
3.2
.7
1.5
5.8
19.1
5.9
1.6
3.8
1.6
1.3
4.9
Jan.
42.4
23.5
3.0
2.4
7.1
3.2
.7
1.4
5.7
18.9
5.9
1.5
3.6
1.6
1.3
4.9
Feb.
42.3
23.5
3.1
2.4
7.0
3.1
.7
1.5
5.7
18.8
5.9
1.5
3.6
1.7
1.3
4.8
Mar.
42.1
23.4
3.1
2.4
7.0
3.1
.7
1.5
5.7
18.7
5.7
1.6
3.6
1.6
1.3
4.8
Apr."
42.0
23.5
3.2
2.4
7.0
3.1
.7
1.5
5.6
18.5
5.6
1.5
3.7
1.5
1.3
4.8
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.
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
Apr.
Annual
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
GENERAL BUSINESS INDICATORS
PERSONAL INCOME BY SOURCE f
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
Service industries
do
Govt. and govt. enterprises
do....
Other labor income
do
Proprietors' income: $
Farm
do....
Nonfarm
. .. . . . . .. .
do
Rental income of persons with capital
consumption adjustment
bil. $..
Dividends
.
. .
. . .
do
Personal interest income
do....
Transfer payments
.
.
.
do
Less: Personal contrib. for social insur
do....
Total nonfarm income
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....
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
.
do ...
Final products
do
Consumer goods
do....
at end of tables.
DigitizedSee
forfootnotes
FRASER
24158
1,493.9
510.8
386.4
3614
3386
283.1
140 4
25699
1,560.7
509.9
382.6
3760
3725
302.3
1538
24.0
1007
19.0
1013
25355 25562 25663 25883 25920 25972 26094 26277 26350 r2 642 1 r2 643 9 r2 658 5 r2 678 6 27109
1,546.6 1,560.4 1,562.9 1,569.5 1,570.3 1,570.1 1,571.5 1,572.2 1,579.9 1,596.1 1,593.9 1,601.9
1,615.9 1,641.6
507.3
515.1
511.6
524.2
500.7
509.8
509.3 r510.4 rr516.8
503.0
500.9
510.3
513.0
514.1
374.5
3807
386.7
383.9
3954
3828 r 3855
377.2
3755
3815
3840
3858
386.4
391 1
3914
3827
3806
381 7
3789
3783
3776
3782
378 1
3768
3769
3725
3852
3789
r
r
4058
3982
3945
3877
3927
3925
3845
3810
3743
3707
3685
3637
3827
3782
3144
3202
3156
3108
3120
3132
3075
3092
3036
3042
3012
3000
2988
3028
1616
1637
1627
1587
1596
1606
1572
1579
1565
1555
1546
1525
1513
1536
16.9
993
17.3
1003
18.0
1002
17.3
1009
16.6
101 7
16.0
1025
17.1
1042
27.7
1053
r
!9.5
1087
27.5
1049
r
!8.6
1097
18.7
1115
18.9
1136
19.5
1173
33.9
625
329.0
3363
104.9
2364 1
35.7
35.4
35.5
32.5
35.2
35.3
34.4
34.7
34.8
34.6
34.5
34.3
34.2
34.1
34.1
703
697 r 69.8 r 698 r 69.9
693
689
684
677
673
666
662
66 1
670
66 1
379.7
375.0
376.6 r377.9 r379.0
374.0
3788
3720
371.2
373.8
376.0
378.3
3776
3760
368.0
3982
3956
4019
4005
4013
3948
3996
3797
3648
3639
3747
3927
3833
3802
3669
118.7
111.7
117.4
116.4
116.2 116.6
112.4
112.4
112.4
112.4
111.7
111.6
112.8
112.5
110.8
25188 24868 25069 25160 25385 25428 25485 25594 25670 25744 25894 r2 592 0 r2 606 3 r2 626 0 26575
2,415.8
386.7
2,029.1
18989
1,843.2
234.6
7345
874 1
2 569.9 2,535.5
389.1
397.2
2,172.7 2,146.3
20305 19939
1,971.1 1,934.8
2427
238.8
762 1
7470
9663
949 1
25562
403.7
2,152.5
2013 1
1,954.0
2456
7592
949 1
25663
410.7
2,155.6
2 014 4
1,954.7
2378
7589
958 0
2 588 3
393.5
2,194.8
20338
1,974.1
2368
7679
9694
2 592.0
395.3
2,196.7
20413
1,981.5
2366
7677
9773
25972
394.6
2,202.7
2063 1
2^003.2
2476
7695
9860
2,609.4
397.5
2,211.9
20753
2,015.5
240 7
7772
9976
2 627.7
399.0
2,228.7
20958
2,035.9
2556
7739
10064
2,635.0
402.6
2,232.3
2 1015
2,041.1
2591
776 1
1 0060
r
2,642.1 r2,643.9
398.0
401.9
2,242.1
r
2
109 2
2,050.8 r2,048.4
2598
2544
7773
776.0
r
l 013 7 10180
r
2,244.2
r
2 1117
r
599
605
607
60.9
r
r
r
1.0
133.4
1.0
121.3
r
5.7
586
582
583
588
589
589
59 1
590
592
596
0.6
130.2
08
142.2
09
152.4
09
139.4
09
141.2
08
161.0
08
155.4
08
139.5
08
136.6
08
132.9
0.8
130.8
09
132.4
09
132.9
6.4
6.5
6.8
6.7
6.8
7.0
6.9
6.5
6.2
6.0
5.9
5.9
5.9
1,043.1
1,054.8
1,057.6
1,058.1 1,048.8
1,060.8
1,058.0
9477
140.0
362 4
445 2
9569
138.8
365 0
453 1
9534
137.7
362 7
4530
9605
141.5
367 8
451 2
951 0
135.8
362 9
4523
954 1
134.9
366 1
4532
9544
134.5
366 0
4539
9604
140.0
365 5
4549
9600
136.3
367 4
4562
969.3
145.5
366 4
4575
9716
146.7
3689
4560
972.7
146.2
3693
r
4572
194.5
206.0
202.9
203.4
205.5
206.9
207.6
208.6
210.0
210.0
210.1
210.8
1510
1386
1394
1385
1418
136.2
1405
141.2
138.5
134.8
131.2
155.0
150.4
164.8
140.5
146.3
137.6
156.2
124.7
146.7
138.4
154.7
127.1
142.4
138.0
154.5
126.6
143.9
141.6
159.9
128.9
144.6
135.1
152.9
122.7
146.8
139.3
161.9
123.7
140.1
141.2
164.1
125.4
136.7
138.8
162.4
122.5
136.4
134.5
155.7
119.9
151.0
138.6
140.2
139.2
138.7
138.8
138.4
137.3
135.7
1506
1495
147.9
1418
141 5
142.6
1429
1426
142.1
142.S
1422
143.6
142 1
142 1
144.8
142.6
1425
145.8
142.0
1412
144.1
140.8
1400
143.4
139.3
1387
142.2
1,061.1 1,062.6
2,710.9
417.7
2,293.2
2 1719
2,110.1
2703
7895
780.2
7792
1 023 81 039 0 10503
600
55 1
1,056.1 1,053.5
r
2,658.5
2,678.6
r
403.0 r r401.8
r
2,255.5 r2,276.8
r
2 121 0 r2 143 4
r
2,059.6
2,081.7
r
2565 '2625
r
r
r
0.9
134.5
5.9
1,064.4 1,062.7 1,067.8 1,070.6
r
970.9
143.5
3699
r
4576
r
975.0
145.3
r
3707
r
459 1
978.9
147.9
3690
4620
r
211.0
r
212.7
133.5
138.1
140.4
P
142.0
143.7
140.7
129.6
147.5
117.2
147.2
131.8
149.9
119.2
141.7
138.0
157.5
124.5
136.6
141.4
160.7
128.0
"133.4
"143.3
"162.8
"129.8
132.6
145.1
164.5
131.7
134.9
135.2
137.4
138.1
139.9
"142.7
144.3
139.0
1383
141.3
139.9
1395
142.0
140.9
140.1
143.6
140.3
138.9
143.4
141.7
140.0
144.5
"144.3
"142.6
"146.8
146.0
144.3
e
!48.1
r
211.2
S-l
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
1981
1982
Apr.
Annual
June 1983
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Apr.
May
136.0
142.3
116.4
99.9
"139.1
"144.7
"117.8
"102.7
142.4
150.3
124.8
107.4
Mar.
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION—Continued
Seasonally Adjusted —Continued
By market groupings—Continued
Final products—Continued
Durable consumer goods
Automotive products
Autos and utility vehicles
Autos
1967 = 100..
do....
do....
do
140.5
137.9
111.2
103.4
129.2
129.5
99.0
86.6
130.7
129.9
100.5
87.2
142.0
132.6
138.9
111.8
96.1
134.6
143.0
117.1
101.9
137.3
149.7
127.7
114.6
132.9
135.5
107.1
93.3
131.3
135.5
105.8
94.3
126.5
123.6
89.6
79.5
124.6
120.7
86.9
77.7
125.9
128.7
99.0
87.9
131.6
136.2
107.0
97.1
134.4
144.3
120.8
107.3
Home goods
.
Nondurable consumer goods
Clothing
Consumer staples
Consumer foods and tobacco
Nonfood staples
.
Equipment
....
Business equipment
Industrial equipment $
Building and mining equip
Manufacturing equipment
do
do....
do
do....
do....
do
do .
do....
do
do....
do....
129.1
131.1
129.1
129.9
130.4
131.4
128.9
128.1
126.8
124.3
129.1
128.8
132.5
"135.9
'137.9
150.9
119.8
159.5
150.3
170.Q
148.0
146.6
147.9
148.8
149.1
148.6
148.2
148.5
147.9
148.4
148.3
147.0
147.8
"149.9
C
159.0
149.7
169.7
158.3
148.1
170.0
159.0
149.9
169.5
159.9
150.9
170.4
159.7
149.9
171.2
159.4
149.6
170.8
158.8
148.6
170.7
159.1
150.2
169.5
158.1
149.0
168.7
158.8
149.5
169.6
158.6
150.9
167.6
157.4
149.5
166.5
158.5
149.0
169.4
"160.3
e
"171.7
e
151.8
181.1
166.4
286.2
127.9
139.8
157.9
134.9
214.2
107.2
143.4
164.9
145.9
242.2
114.0
140.4
159.9
138.9
224.4
109.7
138.4
156.7
134.0
209.0
107.5
138.0
154.9
131.3
200.4
106.0
137.3
153.9
128.4
190.8
104.4
135.2
150.5
123.8
182.1
101.6
134.0
147.1
118.3
169.3
98.0
134.2
146.4
117.2
165.7
97.5
136.1
148.1
117.9
171.9
97.0
135.3
146.6
118.4
173.8
97.6
132.7
142.7
113.7
153.6
'97.9
133.9
143.9
113.2
145.3
'99.7
e
!39.0
e
!49.7
e
l!7.6
e
!53.8
e
Commercial, transit, farm eq. #
Commercial equipment
Transit equipment
do....
do....
do....
198.0
258.7
125.4
184.4
253.5
103.9
186.9
253.1
110.9
184.1
247.7
110.9
183.0
247.5
108.3
182.2
248.8
106.3
183.3
253.5
102.0
181.4
254.0
95.5
180.5
253.5
93.2
180.2
254.8
92.3
183.0
258.6
96.2
179.2
254.9
90.8
176.1
'251.2
88.2
179.4
'255.7
'90.8
"136.8
"147.2
"114.5
"143.2
"102.4
"184.9
"263.2
"92.5
do....
do .
do....
do
102.7
154.4
141.9
166.7
109.4
143.3
124.3
162.1
107.2
143.7
123.6
163.7
107.7
142.6
122.2
162.8
107.6
141.9
123.1
160.6
109.5
142.8
124.1
161.4
109.5
144.7
127.1
162.1
109.5
143.7
125.5
161.8
111.9
141.6
122.5
160.5
113.6
141.8
123.4
160.1
115.9
141.5
123.0
159.8
116.4
143.7
127.0
160.3
116.1
145.3
129.7
160.9
117.1
147.9
133.7
162.0
"119.4
"150.7
"137.0
"164.4
e
!20.9
e
152.6
e
Materials
Durable goods materials
Nondurable goods materials
Energy materials
do. .
do....
do....
do....
151.6
149.1
174.6
129.0
133.7
125.0
157.5
125.1
136.2
128.1
160.3
125.8
134.3
126.6
156.6
125.4
133.5
126.6
153.5
125.4
133.0
126.0
152.3
126.0
132.8
125.1
154.5
124.5
132.0
123.0
158.5
121.0
130.0
118.5
158.2
122.6
128.4
116.4
157.3
121.4
127.8
116.5
155.6
120.4
132.0
121.5
159.7
123.0
134.9
125.3
164.0
121.8
137.2
128.4
166.9
121.7
"140.1
"132.2
"169.9
"122.2
141.5
C
134.1
171.8
e
!22.1
By industry groupings:
Mining and utilities
Mining
. .
. . .
Metal mining
Coal
.
. .
Oil and gas extraction #
Crude oil
.
Natural gas
Stone and earth minerals
do
do...
do
do....
do....
do. .
do
do....
155.0
142.2
123.1
141.3
146.8
95.1
111.8
129.4
146.3
126.1
82.4
142.7
131.1
95.1
104.1
112.1
151.6
134.1
108.8
146.2
137.7
95.9
107.2
119.6
148.8
128.9
90.0
149.2
132.7
95.2
102.8
114.6
145.2
123.5
71.8
144.4
129.1
95.7
102.3
106.6
142.6
120.1
58.1
140.3
127.0
95.7
102.8
103.8
141.3
116.9
53.4
135.8
123.3
95.0
99.5
105.7
139.7
114.7
55.4
127.9
121.0
94.9
101.3
106.3
140.4
115.9
63.1
143.2
119.1
93.9
104.2
108.5
140.4
116.8
70.4
134.1
120.3
94.6
103.5
111.9
140.1
118.4
74.9
129.7
122.9
95.1
96.8
111.7
141.3
121.9
81.7
144.8
124.6
96.5
101.7
112.8
137.5
115.6
'75.1
136.5
117.0
'94.4
137.6
112.5
'75.2
127.3
114.3
'95.1
"138.2
"111.9
"79.6
"125.3
"112.8
"96.2
138.7
115.7
114.0
"116.7
do....
do
169.1
190.9
168.7
190.5
171.0
193.1
170.9
193.4
169.4
191.6
167.7
189.2
168.5
189.9
167.5
188.2
167.8
188.4
166.7
188.3
164.2
185.6
163.1
184.4
162.0
183.0
165.7
188.0
"167.5
"190.2
e
do
do....
do
150.4
164.8
152.1
137.6
156.2
151.1
138.7
156.1
149.7
137.9
155.0
150.5
137.7
155.3
151.0
138.1
155.7
151.0
138.0
156.9
150.7
137.1
156.7
149.0
135.0
156.2
151.5
134.0
155.3
152.0
134.5
155.6
152.8
136.7
157.4
154.4
138.2
159.0
153.0
140.3
160.6
152.0
"143.2
"163.6
e
!45.0
e
do
do .
do
do
do....
do....
do
do....
do
122.2
135.7
120.4
155.0
118.0
124.5
116.1
126.3
118.6
123.5
123.6
123.7
121.4
124.3
120.6
125.9
113.3
126.1
110.6
125.9
113.0
123.1
109.9
122.2
104.7
125.8
108.5
130.7
113.4
131.9
"136.8
150.8
149.8
146.5
146.8
147.0
152.5
154.3
155.0
154.5
151.1
158.8
155.6
155.8
144.2
215.6
129.7
274.0
69.3
144.1
196.1
121.8
254.7
60.9
144.2
198.6
120.8
255.1
60.6
143.8
193.6
122.2
257.0
61.1
142.6
193.2
124.3
258.9
62.3
143.9
194.1
124.7
256.8
62.9
145.3
195.6
121.4
261.1
60.8
144.3
196.4
122.6
262.0
60.9
142.0
. 194.1
123.8
256.3
59.5
141.7
192.8
120.0
250.2
57.7
142.8
195.9
118.7
249.7
56.0
141.3
197.6
113.5
256.2
59.5
144.0
'202.3
111.7
'264.0
61.7
145.9
'205.0
114.8
'273.2
'60.4
140.5
81.1
119.1
157.2
147.9
107.9
99.8
122.4
136.4
171.2
178.4
124.7
86.9
112.6
151.9
128.2
75.3
61.7
99.7
114.8
149.0
169.3
126.7
85.2
106.2
151.8
127.0
76.4
65.1
95.9
119.1
153.7
172.2
126.1
86.3
110.6
151.1
125.0
75.2
62.4
97.0
115.8
150.0
170.9
125.5
86.5
112.2
152.5
126.1
72.8
58.0
98.9
115.0
147.4
170.8
124.9
86.5
120.3
156.7
128.8
72.9
57.4
100.3
114.3
147.2
169.7
123.5
86.9
119.9
155.7
130.4
73.2
56.4
106.2
112.3
144.9
167.0
120.3
89.5
117.2
154.3
128.1
69.6
54.1
95.5
107.6
140.4
165.4
119.3
91.9
119.1
123.9
93.3
130.2
126.2
93.5
129.6
152.4
127.3
63.6
47.5
92.2
107.0
139.6
165.5
150.0
128.0
73.1
59.0
100.6
107.6
138.0
169.5
154.0
131.8
'77.9
'64.3
102.6
110.3
136.2
168.9
159.5
134.4
80.7
'66.9
105.0
113.9
138.6
173.2
104.9
109.8
161.9
105.9
110.7
162.8
110.0
119.8
163.8
111.6
124.0
164.8
107.0
116.7
165.5
105.3
113.5
161.9
100.8
103.0
157.4
100.2
101.7
155.8
119.9
92.5
121.4
153.7
125.4
63.5
46.6
94.2
107.3
139.2
165.5
103.7
108.8
155.2
122.5
93.5
130.0
116.1
122.3
170.3
125.9
87.1
116.9
154.5
126.9
72.9
58.1
102.9
115.5
147.1
170.3
112.7
127.2
165.2
106.3
113.9
154.5
109.6
123.0
153.4
110.2
123.3
154.0
Defense and space equipment
Intermediate products
Construction supplies
Business supplies
.
Utilities
Electric
Manufacturing
Nondurable manufactures
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics 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
BUSINESS SALES
Mfg and trade sales (unadj ) total $
Mfg. and trade sales (seas, adj.), total $
Manufacturing total t
Durable goods industries
Nondurable goods industries
Retail trade total §.
Durable goods stores
Nondurable goods stores
.
.
do
do....
do
do .
do
do. ..
do
do
do....
do
do....
do....
do....
do....
. . mil $ '4,273,188
do.... rl4,273,188
1
do ... ' 2,017,545
do.... 1,006,465
do.... 1,011,080
do 1,047,573
do.... 316,020
do.... 731,553
do.... 1,208,070
do.... 509,743
do.... 698,327
Merchant wholesalers, total @
Durable goods establishments
Nondurable goods establishments
Mfg. and trade sales in constant (1972) dollars
(seas adj ) total *
bil $
Manufacturing *
do....
Retail trade * .
do
Merchant wholesalers *
do....
See footnotes at end of tables.
'4,130,150 '347,105 '352,377 '360,505 '333,844 '340,978 '349,333 '343,970 '342,005 '357,536 '315,375 '323,346 '364,720 348,949
4,130,150 '344,934 '353,110 '349,742 '347,676 '343,426 '342,882 '336,905 '338,722 '338,391 '345,337 '341,490 '348,009 350,565
'1,910,119 159,118 163,007 163,120 162,417 160,016 160,458 154,194 154,318 154,543 158,239 158,081 161,803 163,371
'922,115 '77,808 '79,680 '79,197 '78,856 '77,250 '76,419 '72,478 '73,005 '73,495 '77,744 '77,769 '79,595 80,353
'988,004 '81,310 '83,327 '83,923 '83,561 '82,766 '84,039 '81,716 '81,313 '81,048 '80,495 '80,312 '82,208 83,018
1,075,679 88,468 90,813 88,603 89,469 89,069 89,897 90,905 92,492 92,459 92,308 91,164 '93,263 94,864
320,868 26,718 28,127 26,136 26,124 25,831 26,619 27,154 28,721 28,723 28,307 27,490 '29,160 30,467
754,811 61,750 62,686 62,467 63,345 63,238 63,278 63,751 63,771 63,736 64,001 63,674 '64,103 64,397
1,144,352 97,348 99,290 98,019 95,790 94,341 92,527 91,806 91,912 91,389 94,790 92,245 '92,943 92,330
457,713 38,551 37,917 37,674 37,687 37,065 37,208 37,645 37,900 37,756 39,617 37,222 '37,570 37,484
686,639 58,797 61,373 60,345 58,103 57,276 55,319 54,161 54,012 53,633 55,173 55,023 '55,373 54,846
157.3
70.8
47.1
39.5
155.5
70.8
45.5
39.1
155.0
70.6
45.9
38.5
153.3
69.5
45.6
38.2
153.5
69.6
46.2
37.8
149.7
66.3
46.1
37.2
151.8
66.6
47.3
37.9
151.9
67.0
47.2
37.7
156.0
69.5
47.2
39.3
155.2
69.6
46.8
38.8
157.5
'71.0
'47.8
38.7
160.8
!72.4
!04.0
e
e
186.8
265.0
e
93.8
!39.6
e
128.5
e
l!3.9
!67.3
189.8
!65.1
"157.6 e!59.8
"146.1 147.0
"209.9 e
"121.5 "" i23"i
"280.7
"61.6
"129.1 •131.1
"95.0
*96.0
"134.0
"167.9
"137.9
e
"82.1
82.7
"68.2
"102.9 e
"115.6
l!6.9
"143.6 '146.5
"177.8 e!80.2
"111.4 eel!3.9
"125.5 e!30.2
"155.0
!56.7
rl
153.5
69.1
46.0
38.5
150.4
158.3
72.5
47.8
38.0
S-3
SURVEY OF CURRENT BUSINESS
June 1983
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1983
1982
1982
Apr.
Annual
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INVENTORIES
Mfg. and trade inventories, book value, end of year
or month (unadj.), total $
mil. $..
r
520,611
r
506,147 r526,099 '520 341 r5 19,729 '518 390 '516,756 '518,362 '524,517 '522,035 '506 147 '503,783 '506,862 '506,481 507 935
Mfg. and trade inventories, book value, end of year
or month (seas adj ) total $
mil $
r
526 152 r511 942 r523 370 r519 119
r
do
282 333 r264 902 r278 468 '276 356
do... 186
222 175
200 184 053 183 378
r
do.... r96,lll
89,702 r94,415 r92,978
126 833 128 250 125 479 124 631
Retail trade total §
do
Durable goods stores
do
59095
59597 57890 57039
Nondurable goods stores
do....
67,738
68653 67589 67592
Merchant wholesalers total @
do.... 116,986 118 790 119 423 118 132
Durable goods establishments
do....
76,674
78,514 79,167 77,214
Nondurable goods establishments
do .
40312
40276 40256 40918
Mfg. and trade inventories in constant(1972)dollars,
end of year or month(seas.adj.),total*
bil. $..
266.5
264.5
Manufacturing *
do ..
1460
1453
Retail trade *
do....
65.2
647
Merchant wholesalers *
do
554
545
BUSINESS INVENTORY-SALES RATIOS
Manufacturing total "]"
..
Durable goods industries
Nondurable goods industries
.
Merchant wholesalers total @
do
Durable goods establishments
do....
Nondurable goods establishments
do....
Manufacturing and trade in constant (1972) dollars,
total *
do
Manufacturing *
do
Retail trade *
do
Merchant wholesalers *
. .
do
266.0
1433
67.2
555
265.2
1426
669
558
262.3
1410
659
553
261.0
1397
659
554
505609
'258.8 '2589
138 1 1379
'65.5
'665
55 1
'545
'2573
1369
'662
'542
2575
1370
66 1
544
257 576
169 855
87,721
129 923
60761
69 162
118 110
75,697
42413
062
1.14
1.16
1.12
046
1.10
044
0 19
0 19
1.52
171
'235
071
104
062
1.11
045
0 19
048
144
233
1 08
126
2.14
070
1.52
169
'236
071
105
062
1.08
043
0 18
047
1 44
232
108
129
2.14
072
1.54
176
'248
075
1 11
0 66
1.11
044
0 19
049
142
223
1 07
1 31
2.14
073
1.52
174
'243
074
1 10
063
1.12
045
0 19
049
138
207
1 07
1 29
2.08
073
1.51
171
'238
072
108
0 61
1.11
045
0 18
048
139
207
1 08
1 30
2.08
075
1.47
166
'222
'066
'099
'056
1.11
'044
0 18
'050
139
2 11
1 06
1 24
1.96
072
1.49
165
'221
066
'098
'056
1.11
'044
'0 18
'049
143
224
1 08
1 26
2.04
074
1.45
159
'213
063
'095
0 55
1.07
'042
'0 17
047
139
'207
1 08
1 25
2.02
'074
1.44
158
2 11
062
094
0 54
1.06
042
0 17
047
137
199
1 07
1 28
2.02
077
1 71
205
1 43
1 44
173
207
1 46
144
173
206
1 46
147
177
215
1 45
150
173
212
1 39
146
172
208
1 40
147
166
199
1 39
140
167
198
142
'140
1 63
193
1 39
140
1 63
189
1 38
143
1.06
1 13
1.74
069
265.5
1440
66.4
550
'503 222
'257 304
169 377
'87,927
'129 327
'60 412
'68 915
116 591
'75,708
'40 883
169
'231
0 71
101
060
1.11
045
0 19
047
142
225
1 07
1 25
2.11
069
2.41
106
265.6
1444
655
556
'507 665
'260 856
171 572
'89,284
130 392
61517
68875
116417
75,814
40603
1.50
2.19
2.17
2652
1446
654
552
'507 550
'262 117
172506
'89,611
127 869
59735
68 134
117 564
77,571
39993
169
r
0.97
048
140
'511 942
'264 902
175 200
'89,702
128 250
59597
68653
118 790
78,514
40276
1.49
176
045
'513 888
'267 920
177 061
'90,859
127 619
59417
68,202
118,349
78,752
39597
170
r
230
071
102
060
1.51
166
0 19
'519 797
'270 786
179 675
'91,111
128 849
60581
68,268
120 162
80,567
39595
1.47
1.43
. do
do....
do
do....
do
do....
do
do
. do
do
do....
do
1.13
119 828 119 854
78,481 79,613
41347 40241
'521 000
'271 675
'180 520
'91,155
129 788
61668
68,120
119 537
79,811
39726
1.52
ratio..
Manufacturing total "1"
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
053
126300 126 662
58225 58*888
68075 67774
'521 257
'273 809
181 543
'92,266
128 258
60204
68054
119 190
79,240
39950
175
237
074
106
061
Manufacturing and trade, total $
069
'521 040 '521 145
'274 912 '274 629
182811
182 099
r
92,101 '92,530
r
073
049
142
047
020
051
142
2.20
2 17
046
0 19
108
124
048
137
203
109
123
2.06
070
2.05
068
174
1 08
047
143
223
109
1 19
2.04
067
1 22
2.08
069
1 68
2 11
1 42
1 44
231
071
103
060
1 71
205
204
1 37
1 44
1 41
138
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 . .
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
Fabricated metal products
Machinery except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products
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 elastics oroducts
See footnotes at end of tables.
r
2,017 545 1 910 119160 454 163 858 171 147
r
922,115
'80,869 '84,664
'79,594
r
r
44 005
3687 rr3805 '4040
r
9984
107
031
9373 r9387
r
47,320 rr4,516 r 4042 r4 191
113 967
9969 10 196 10 474
180 612 15 280 15 493 16 475
140 550 11 831 11 949 12 588
195 370 17 147 18 256 19*287
112,177
10,538
10,931 11,624
r
r
48 873
3913 r4 098 T4 469
'988,004
'80,860 r82,989 '86,483
r
277 324 r22 255 r23 171 '24 347
14455
1
158 1 145 1*394
r
r
47 217
3871 '4009 '4 324
r
"78 989
6608 r6511 '6794
172,803 15,132 15,237 15*-514
r
206
430
16
553 17 669 '18 161
r
50 163 r4283 '4 215 r4?578
do....
159 118 163 007 163 120
mil. $..
do....
do
do
do....
do
do. .
do
do
do....
do
do....
do
do. .
do
do
do....
do
do
do....
do....
do
do
do
do
do
do ..
do
do....
do
do
do....
do
do
do
do
do....
1,006,465
r
48 001
141
943
r
70,125
123
665
r
201 538
140
195
r
205 222
116,981
r
48 292
1,011,080
r
272 140
13
130
r
50 261
r
80 236
180,457
r
224
132
r
53 173
r
r
149 358
'70,639
'3597
'7790
'3348
'9 105
13 374
'10 843
'14 978
'8,605
'3691
'78,719
'22 083
1028
'3 245
'6 145
13,098
'17
721
r
4 076
162417
'157 045
'73,669
'3839
'8285
'3472
'9706
13 634
11 327
14 882
'8,690
'4065
'83,376
'22 789
1284
'4047
'6789
14,102
17 377
'4 325
160 016
79
680 '79 197 '78,856 '77,250
r
3738 '3708 '3638 '3636
r
9 151 '8958 '8737 '8694
'4038 '3 999 '3 758 '3 698
r
9748 10 020 '9789 '9882 '9648
15 221 15 569 '15 197 '14 827 '14 483
11 864 12 077 '11 880 '12 181 '11 682
16'226
17 373 17 855 17 662 17 517
r
9700 10271 10615 '10 727 10 826
r
3996 r4 158 '4 171 '4 103 '4,095
327 '83 923 '83 561 '82 766
'81 310 '83
r
22 818 r23'576 '23 616 '23 558 '22 686
1
138 1361 1011 1232
1
158
r
3892 rr3953 '3984 '3847 '3965
r
6534
6'454 '6521 '6558 '6623
14 421 14 692 '14 727 '14 449 14 627
17
014 17 689 17 878 18 042 17 346
r
4.134 r4.206 '4.355 '4.389 '4.213
77
808
r
3619
r
9457
'4 272
167 548
'80,160
'3989
'8593
'3615
'9825
15 488
'12 301
17 130
10,024
'4516
'87,388
'24 867
1498
'4252
'6754
14,948
17 824
'4 442
160 458
159 487
'75,894
'3903
'7979
'3 130
'9324
13 902
11 908
16 393
'9,432
'4085
'83,593
'23 694
1265
'4076
'6669
13,269
17 473
'4 344
154 194
153 628 150 068
'72,461 '71,371
'3578 '3237
'7383 '7394
'2993 '3,059
'8855 '8257
'13 727 14 678
11 496 '11 421
15*654 15 489
'8,622 '7,694
'4049 '4064
'81,167 '78,697
'23 325 '22 883
1 108 1347
'3842 '3826
'6354 '6038
13,284 13,719
'16 793 16 379
'3832 '3 533
154 318 154 543
146 613
'69,982
'3368
'8066
'3220
'8469
12 186
'11 042
16 123
'9,826
'3673
'76,631
'21 404
1046
'3445
'6506
13,851
15 241
'3901
158 239
159 488 170 007 164 660
'78,272 '85,247 82,181
'3549 '3887
3966
'8671 '9482
9373
'3429 '3,896
3806
'9374 10 074
9915
13 413 15 424 13974
'12 214 12 967 12545
19 113 '20 529 19*864
11,737 12,346 12,309
3850
'3900 '4204
'81,216 '84,760 82,479
'23 596 '24 454 22807
1 121 1476
1268
'3949 '4557
4 156
'6813 '7058
7 148
14,974 16,109 15,321
14 206 14 781 15530
'4 130 '4 148
4 304
158 081 161,803 163,371
'76,419
'3686
'8385
'3593
'9447
'14 948
'11 651
16 476
'9634
'4,245
'72,478
'3624
'7841
'3 114
'8904
'13 841
11 429
15 165
'8 176
'3,949
'73,495
'3634
'7916
'3 163
'8856
13 794
'11 557
16 120
'8894
'4050
'77,744
'4016
'8240
'3249
'9358
13 701
'11 987
17 998
10 732
'4 101
'84 039
'23 519
1504
'3984
'6581
'14 516
17 829
'4.293
'81 716
'22 904
1,219
'3911
'6,575
'13 799
17 563
'4.092
'73,005
'3627
'7737
'3127
'9082
'14 123
'11 372
15*310
'8290
'3,944
'81 313
'22 937
1094
'3820
'6581
14 135
16 831
'4.032
'81 048
'22*931
1,306
'4 100
'6531
14 163
16 279
'3.931
'80 495
'23 018
1,102
'3823
'6,768
14 287
14 804
'4.183
'77,769
'3799
'8230
'3241
'9373
13 097
'11 977
19 135
11 666
'3,954
'80 312
'23 583
1,191
'3936
'6,614
14 709
13 953
'3.967
'79,595
'3822
'8925
'3594
'9515
'14 191
'12 364
18 530
11 037
'3,946
'82 208
'23 778
1,572
'4 173
'6,695
14716
15 068
'4.017
80,353
3889
8887
3601
9704
14058
12 605
18740
11302
3928
83018
23424
1,267
4 184
7,071
14611
15978
4.154
May
SURVEY OF CURRENT BUSINESS
S-4
1982
1982
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
Apr.
Annual
June 1983
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
10,395
'30,792
'23,805
10,445
11,048
'68,058
11,276
'30,811
'23,426
12,501
12,433
'67,792
Mar.
Apr.
11,415
'31,501
'23,061
13,474
12,026
'66,604
11,208
'32,055
'23,797
12,902
12,291
'69,550
11,674
31,217
23,911
13,097
12,354
71,118
'4,976
'4,910
'26,339 '26,017
'21,196 '20,762
'5,143
'5,255
'4,971
'27,153
'22,037
'5,116
5,145
27,308
22,059
5,249
Feb.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS t—Continued
Shipments (seas, adj.) t—Continued
By market category: t
Home goods and apparel
mil $
Consumer staples .
do.
Equipment and defense prod., exc. auto .... do....
Automotive equipment
do
Construction materials and supplies
do....
Other materials and supplies
do
Supplementary series:
Household durables
do...
Capital goods industries
do
Nondefense
do
Defense
do...
Inventories, end of year or month: t
Book value (unadjusted), total
Durable goods industries, total
Nondurable goods industries, total
Book value (seasonally adjusted), total t
By industry group:
Durable goods industries total #
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
Fabricated metal products
Machinery except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products
By stage of fabrication: t
Materials and supplies
Work in process
Finished goods
Nondurable goods industries, total #
Food and kindred products
Tobacco products
.
Textile mill products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products
By stage of fabrication:
Materials and supplies
Work in process
Finished goods
By market category: t
Home goods and apparel
Consumer staples
Equip, and defense prod., exc. auto
Automotive equipment
Construction materials and supplies
Other materials and supplies
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense
rl
135,915
355,359
rl
rl
130,888
367,743
"290,655
137,770 11 130,758
"149,156 "135,945
rl
934,222 rl854,130
rl
rl
305,123
11
"61,152
rl
345,885
"297,788
"48,097
"57,753
327,792
271,379
rl
56,413
rl
rl
10,766
'30,315
'23,821
11,261
11,171
'71,784
10,792 10,878
'31,100 '31,177
'24,690 '24,347
11,869 12,206
11,672 11,369
'72,884 '73,143
11,147
'30,801
'24,129
12,295
11,676
'72,369
11,213
'30,408
'23,637
12,338
11,552
'70,868
11,092
'31,456
'24,421
11,109
11,402
'70,978
10,904
'30,345
'23,395
'9,625
11,208
'68,717
'4,927
'5,041 '4,760
'4,828
'4,916
'4,859
'4,792
'27,045 '28,045 '27,836 '27,442 '26,577 '27,111 '26,220
'22,768 '23,373 '22,955 '22,584 '21,811 '22,130 '21,210
'4,766
'4,981 '5,010
'4,277
'4,881 '4,858
'4,672
10,676
'30,592
'23,506
'9,822
11,226
'68,496
'4,683 '4,449
'26,279 '26,532
'21,311 '21,455
'5,077
'4,968
do.... r279,454
do.... '183,616
do.... r95,838
r
261,987 '281,485 '278,877 '275,461 '273,877 '272,635 '269,207 '268,917 '266,310 '261,987 '262,428 '262,695 '259,430 260,358
172,615 186,215 185,369 183,581 181,969 181,159 178,831 177,979 175,402 172,615 172,243 173,009 171,120 171,853
r
89,372 '95,270 '93,508 '91,880 '91,908 '91,476 '90,376 '90,938 '90,908 '89,372 '90,185 '89,686 '88,010 88,505
do.... '282,333
r
264,902 '278,468 '276,356 '274,912 '274,629 '273,809 '271,675 '270,786 '267,920 '264,902 '262,117 '260,856 '257,304 257,576
r
do
do....
do....
do....
175,200 184,053 183,378 182,811 182,099 181,543 180,520 179,675 177,061 175,200 172,506 171,572 169,377 169,855
r
'5,962
'5,724
5,786
'6,084
'6,076
'6,036
'5,751 '5,786
5,962
'6,206
'6,070
'6,160
'6,103 '6,039
r
21,306 '24,715 '24,476 '24,155 '23,858 '23,545 '23,271 '22,964 '22,375 '21,306 '20,674 '20,592 '20,174 20,561
'9,945
'9,770 10,050
10,603 12,909 12,770 12,547 12,367 12,075 11,847 11,664 11,322 10,603 10,062
!86,222
r
6,445
r
25,509
13,194
do....
do...
do
do
do
do....
r
20,332
'43,494
r
28,474
r
37,539
'9,054
'9,755
17,746
r
40,153
r
26,713
r
40,491
r
8,308
r
9,308
19,865
'43,449
'27,802
'38,193
'8,546
'9,601
do....
do
do...
r
57,953
r
r
r
77,908
r
44,749
do....
do....
do.
do....
do....
do....
do....
do....
r
96,lll
21,382
'4,338
r
6,836
r
8,641
r
22,011
10,689
r
6,557
'89,702
'20,680
'4,370
'6,164
'8,607
19,898
'9,411
'5,824
do....
do...
do
r
'35,140 '37,289 '36,990 '36,632 '36,646
14,241 15,373 15,267 15,301 15,364
'40,321 '41,753 '40,721 '40,168 '40,520
52,543
8 1,107
47,162
r
r
37,726
15,995
'42,390
r
do.
22,226
do.... r33,997
do.... r76,449
11,395
do...
r
do....
21,464
do.... 116,802
do...
do
do...
do
'9,895
'86,280
'70,297
15,983
10,894
86,301
'72,915
13,386
17,746
'40,153
'26,713
'40,491
'8,308
'9,308
17,444
'39,539
'26,589
'39,917
'8,063
'9,047
17,121
'38,636
'26,085
'39,150
'8,144
'8,830
17,233
38,248
26,229
39,364
8,385
8,899
'56,538 '55,889 '55,618 '55,354 '54,927 '54,355 '53,969 '53,100 '52,543
'80,080 '79,890 '79,802 '79,044 '78,891 '78,776 '78,973 '78,308 '77,908
'47,435 '47,599 '47,391 '47,701 '47,725 '47,389 '46,733 '45,653 '44,749
'51,453 '51,410
'77,141 '76,420
'43,912 '43,742
50,188
77,147
43,752
50,151
75,931
43,773
'94,415 '92,978 '92,101 '92,530 '92,266 '91,155 '91,111 '90,859 '89,702
'21,305 '21,070 '20,713 '21,091 '21,225 '20,896 '20,820 '20,808 '20,680
'4,370
'4,489
'4,374
'4,419
'4,716
'4,702
'4,683 '4,843 '4,642
'6,457
'6,314
'6,261 '6,261 '6,164
'6,373 '6,344
'6,419
'6,312
'8,607
'8,593 '8,657
'8,687
'8,569
'8,693
'8,646
'8,592
'8,632
'21,696 '21,191 '21,097 '21,090 '20,948 '20,625 '20,635 '20,255 19,898
'9,357
'9,740
'9,411
'9,767
'9,157
'9,259
'9,349
'9,326
'9,283
'5,824
'5,916
'5,874
'6,345
'6,256
'6,101 '6,049
'5,984
'6,312
'89,611 '89,284 '87,927
'20,855 '20,733 '20,654
'4,503 '4,549
'4,596
'6,195
'6,127
'6,180
'8,534
'8,483 '8,370
19,503 19,434 19,364
'9,685
'9,782
'8,855
'5,666
'5,670
'5,629
87,721
20,443
4,707
6,197
8,359
19,566
8,530
5,659
'35,360 '35,257
14,378 14,477
'39,873 '39,550
34,914
14,311
38,496
19,675
'43,094
'27,504
'38,467
'8,523
'9,578
19,327
'42,977
'27,353
'38,730
'8,660
'9,589
19,232 19,106
'42,656 '41,982
'27,307 '27,098
'39,080 '39,381
'8,436
'8,313
'9,572
'9,565
18,068
'40,979
'27,095
'39,426
'7,952
'9,418
'36,389 '35,801 '35,465 '35,509 '35,140
15,306 14,949 14,772 14,608 14,241
'40,571 '40,405 '40,874 '40,742 '40,321
'21,261
'33,726
'77,660
10,816
19,969
111,480
'21,297
'34,274
'77,509
10,877
19,741
110,931
'21,093
'34,235
'77,609
10,637
19,747
110,488
10,589 10,496 10,532
'87,494 '87,498 '87,299
'73,285 '73,222 '72,868
14,209 14,276 14,431
10,567
'87,211
'72,774
14,437
'9,895
10,424 10,417 10,265 10,040
'87,535 '87,137 '87,305 '86,604 '86,280
'72,835 '72,098 '71,971 '71,036 '70,297
14,700 15,039 15,334 15,568 15,983
'20,244 '21,474
'33,266 '34,464
'76,504 '77,635
10,473 10,827
18,928 '20,270
105,487 113,798
r
18,671
'41,945
'27,026
'39,612
'8,196
'9,538
17,310
'39,234
'26,287
'39,771
'8,175
'8,954
19,753
'43,455
'27,612
'38,195
'8,415
'9,535
'21,317
'34,167
'77,534
10,735
'20,110
112,493
'20,932 '20,780 '20,472
'33,652 '33,589 '33,485
'77,326 '77,442 '76,747
10,404 10,347 10,074
19,579 19,400 19,189
109,782 109,228 107,953
'20,244 '20,091
'33,266 '33,452
'76,504 '75,573
10,473 10,207
18,928 18,459
105,487 104,335
19,889
'33,307
'74,873
10,260
18,567
103,960
34,822
14,303
37,596
19,737 19,758
'33,192 32,938
'73,963 73,774
10,123 10,325
18,607 18,640
101,682 102,141
'9,908
'9,802
'9,666
'85,473 '84,908 '83,740
'68,935 '68,407 '66,916
16,538 16,501 16,824
9,713
83,517
66,622
16,895
New orders, net (not seas, adj.), total t
Durable goods industries, total
Nondurable goods industries, total
do.... '2,015,089 1,888,448 158,838 157,645 165,156 144,954 150,994 163,475 159,054 150,600 155,180 154,561 160,300 172,686 166,914
do.... 1,004,703 '901,237 '78,081 '74,911 '78,961 '66,443 '67,629 '75,955 '75,559 '69,483 '76,245 '77,665 '79,059 '87,411 84,260
do.... 1,010,386 r987,211 '80,757 '82,734 '86,195 '78,511 '83,365 '87,520 '83,495 '81,117 '78,935 '76,896 '81,241 '85,275 82,654
New orders net (seas adj ) total t
By industry group:
Durable goods industries, total
Primary metals
Blast furnaces steel mills
Nonferrous and other primary met
do .
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft, missiles, and parts
Nondurable goods industries, total
Industries with unfilled orders $
Industries without unfilled orders tl
By market category: t
Home goods and apparel
Consumer staples
Equip, and defense prod., excl. auto
Automotive equipment
Construction materials and supplies
Other materials and supplies
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense
See footnotes at end of tables.
rl
2,015,089 '1,888,448 157,846 159,466 159,986 158,913 155,700 156,572 152,362 152,604 157,382 162,871 157,757 162,587 166,064
do.... 11 1,004,703 "901,237
do . "138,968 '100,876
do
"69,302 rl43,405
do.... rl57,310 "48,201
do
do....
do ..
do....
do....
'76,736
'8,712
'3,769
'4,180
'76,353 '76,157 '75,563 '72,965 '72,348
'8,935
'8,673 '8,323 '8,054
'8,986
'3,294
'4,099
'3,575
'3,831 '3,865
'4,030
'4,096
'4,199
'3,922
'4,032
'76,180
'7,212
'2,684
'3,854
rl
!22,412
rl
200,491
rl
144,712
rl
203,724
rl
'8,788
'8,376
'8,109
'7,761
'106,782
'8,997
'9,427
'9,324
'9,148
'9,003
'162,913 15,044 13,933 12,937 12,880 12,643 13,401 13,409 12,773 11,967
'147,073 12,578 12,246 12,029 12,514 11,782 12,099 11,945 12,292 12,934
'J 200,931 17,126 16,361 17,337 17,178 16,229 14,444 14,804 15,150 '21,399
'3,841 '5,436
'5,483 '6,598
'5,090
64,123 rl68,008
'5,943 '4,848
'5,223
'4,882
do.... rll,010,386 "987,211
do.... rl 204,094 rl 202,437
do.... "806,292 rl784,774
'81,110 '83,113 '83,829 '83,350
16,532 16,652 16,725 16,576
'64,578 '66,461 '67,104 '66,774
do.... "135,936 '130,192
do.... "355,532 rl367,750
do.... rl306,317 rl 288,228
do.... rl 137,719 '129,645
do.... rl 148,570 '131,667
do.... rl931,015 ''840,966
'9,772
'30,228
'26,016
10,966
10,663
'70,201
do....
do....
do....
do....
'70,735 '71,067
'7,670
'7,116
'2,810
'3,005
'3,980
'3,658
rl
57,162
323,386
288,704 "248,240
"59.040 rl75.146
"61,174
rl
347,744
rl
rl
11,054
'31,113
'22,215
11,609
11,278
'72,197
11,256
'31,200
'23,488
12,082
11,001
'70,959
'3,911 '5,036
'5,218
'29,010 '25,319 '25,926
'22,806 '20,306 19,932
'6,204
'5.013 '5.994
'82,735 '84,224 '81,627 '81,537 '81,202
16,962 17,141 16,691 17,243 17,374
'65,773 '67,083 '64,936 '64,294 '63,828
10,744 11,027 10,837 10,790
'30,738 '30,383 '31,478 '30,368
'22,245 '21,566 '21,771 '22,860
12,460 11,744 11,400
'9,636
11,470 11,183 11,250 10,937
'71,256 '69,797 '69,836 '67,771
10,718 10,507
'30,595 '30,829
'22,876 '27,075
'9,717 10,632
10,534 10,186
'68,164 '68,153
'4,585
'4,685
'4,778
'4,699
'4,512
'4,669
'25,126 '24,397 '23,855 '25,748 '25,646 '30,886
19,931 18,741 '20,217 '20,127 19,983 19,679
'3,638
'5.195
'5.656
'5.621 '5.663 11,207
'82,355
'8,708
'3,526
'4,347
'77,449 '79,951
'9,183
'9,911
'3,777
'4,277
'4,839
'4,553
82,980
8,873
3,504
4,421
'9,229
'9,024
'9,715
12,708 12,252 14,330
12,213 12,398 12,526
'23,105 17,708 17,953
'9,616
'5,206
'5,946
9,461
14,773
13,182
9,958
6,870
'80,516 '80,308
17,504 17,196
'65,171 '64,554
'82,636
18,082
'63,112
83,084
17,913
63,012
11,375
'30,789
'26,130
12,691
12,371
'69,515
11,101
'32,036
'22,261
12,806
12,815
'71,568
11,643
31,143
26,521
13,374
12,212
71,171
'5,038
'5,007
'4,940
'30,075 '24,494 '26,601
'20,507 19,175 '20,032
'9.568
'5,319
'6.569
5,104
29,361
22,370
6.991
11,557
'31,487
'21,598
13,331
11,798
'67,986
May
S-5
SURVEY OF CURRENT BUSINESS
June 1983
1982
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1983
1982
Annual
Apr.
May
June
July
Aug.
Sept.
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
May
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS f— Continued
Unfilled orders, end of year or month (unadjusted),
total t
mil $
Durable goods industries, total
do....
Nondur. goods ind. with unfilled orders $
do....
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....
r
321 402
r
31r 1,635
r
299 731
r
290,757
r
r
r
r
r
9,767
323 346
3r 13,337
26 304
r
!5,779
r
7,403
r
do
28 784
r
do
73 517
r
do
54 037
do.... 115
556
r
do....
88,640
Fabricated metal products
Machinery except electrical
Electrical machinery
Transportation equipment
Aircraft, missiles, and parts
r
300 971 r320 059 r316 518 r313 384 r309 880 r305 564 r301 678 r299 846 r298 132 r300 971 r305 599 r305 268 r306 053 308 752
r
291,764
310,776 r307,449 r304,409 r301,116 r296,831 r292,760 r291,017 '289,079 '291,764 r296,374 r296,049 r296,407 299,039
r
20 160 r22 610 r22 445 r22 422 r22 358 r21 987 r21 656 r20 931 r20 864 r20 160 r20 627 r22 308 r22 567 22555
11,891
13,218
13,279 13,111 13,218 13,095 12,796 12,492 12,370 11,891 12,168
13,204 13,388 13,291
r
r
r
6,130
6,733 r6,579 r6,698 r6,549 r6,479 r6,569 r6,242 r6,339 r6,130
6,296 r6,944 r6,982
7,064
r
21 531
r
55 697
r
!0,009
165 r25 431 r24 786 r24 127 r23 599 r22 626 r21 531 r21 403 r21 052 r21 255 21010
640 r62 693 rrgQ 853 rr59 306 rr58 874 rr57 524 rr55 697 rr54 703 rr53 859 rr53 999 54 175
60 600 56 588 56 757 56 906 r57'239 57'339 57 787 58 303 59 223 6o'eoo 60 828 61 246 61 408 61983
120,898
121 474 120 462 119 944 119460 118 172 116 140 115 779 115619 120 898 126 003 124 576 123 997 125 217
r
92,669 r95,002 r94,443 r93,992 r93,558 r93,414 r91,936 r91,801 r9 1,806 r92,669 r96,483 r95,883 r95,873 96,835
r
r
r
9,207
9,283 r9,069 r8,975 r8,764 r8733 r8,918 r8829 r9053 r 9207
9713
9225 r9219 r9,646
r
do....
5,251
do.... 192,213
do.... 17,125
do... 108 757
r
r
r
4,272
4,403 r4,678 r5,079 r4,613 r4,402 r4,169 r4,078 r4,123 r4,272
4,350 r4,473 r4,348
4,246
188,308 196 571 193 836 192 853 191 134 188 469 186 110 185 586 184 851 188 308 190 853 187 963 189 596 191 201
12,769
16,083
12,769
15,689
15,321
15,115
14,746
14,594
14,323
13,631
12,707
12,478
13,003
12,861
r
95 622 103 002 102 315 100 131 r99 018 r97 947 T96 805 r95 859 r95 527 r95 622 r97 341 r98 721 100 739 100 792
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
8,974
318 599 r312 608 rr308 204 rr302 153 rr298 080 rr297 647 rr294 619 rr299 731 rr307 683 rr308 490 rr311 178 313 437
299,227 301,397 303,481
'303^637 299,441 293,401 289,196 288,861 285,883 290J57 298,447
'309,340
r
9,956
9,514 r9,259 '8,971 r8,763 r8,752 r8,884 r8,786 r8,736 r8,974
9,236 r9,263 r9,78l
r
324 812
r
315,298
r
r
do.... r r3,909
do
224 377
do
146
301
r
do
78 076
r
27 223
r
68 536
r
r
26 630
r
66 900
r
r
26
r
64
r
r
r
r
3,032
3,189 r3,433 r3,792 r3,420 r3,245 r3,003 r2,953 r2,969 r3,032
3,095 r3,189 r3,159
3,120
219 633 r228 772 r226 046 r224 136 r221 820 r219 640 r216 384 r215 912 r215 279 r219 633 r223 367 r221 843 r221 290 223 343
r
122
942
140
855
137
788
134
765
!32
112
129
042
127
129
122
942
120
664
118
658
118969
126
046
124
718
122
251
r
96 691 r87 917 r88 258 r89 371 r89 708 r90 598 r89 255 r89 866 r90 561 r96 691 101 116 101 179 102632 104 374
r
BUSINESS INCORPORATIONS @
New incorporations (50 States and Dist. Col.):
Unadjusted
number
Seasonally adjusted
do
581 242
566 942
48845
46876
46008
46 995
48876
45 936
45282
44 525
45572
46981
45461
45 552
45029
45 530
44354
48 474
59750
57 507
619
585
587
581
48099
49999
INDUSTRIAL AND COMMERCIAL
FAILURES @
Failures, total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
number
do....
do....
do.. .
do....
do .
16794
2,366
3,614
2,224
6,882
1708
Liabilities (current), total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
thous. $
do....
do.. .
do....
do.. .
do....
6,955,180
1,045,825
851,780
2,370,415
1,558,528
1,128,632
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns..
'61.3
COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS U
Prices received, all farm products
Crops #
Commercial vegetables
Cotton
Feed grains and hay
Food grains
Fruit
Tobacco
1910-14=100..
do
do. ..
do
do....
do
do
do.
.
Livestock and products # .
Dairy products
Meat animals
Poultry and eggs .
.
do
do
do
do
Prices paid:
Production items . ...
do
All commodities and services, interest, taxes, and
wage rates (parity index)
1910-14=100..
Parity ratio §
do
633
580
677
566
446
456
483
1 363
688
842
848
264
609
525
633
467
378
401
654
1496
696
829
876
251
618
533
641
459
404
417
549
1 469
706
820
898
255
634
544
605
471
417
413
596
1 469
727
807
950
247
628
541
640
490
404
388
612
1474
718
801
936
245
624
540
604
506
385
374
761
1 400
711
807
912
254
607
508
528
446
363
376
689
1 526
710
807
922
236
538
501
469
345
383
1088
1565
705
826
894
253
491
518
505
328
388
721
1 535
685
844
850
249
505
617
506
345
393
671
1 548
672
856
823
244
585
492
526
473
375
404
499
1 530
682
844
857
231
495
578
484
363
398
546
1 548
669
850
828
232
604
509
624
476
401
405
479
1 521
705
844
893
244
611
523
705
506
415
412
443
1 517
703
832
895
242
r
622
624
r
549
r
749
r
504
r
447
r
425
r
557
731
501
463
416
468
1 526
456
1 517
r
698
826
r
891
236
r
693
813
877
252
887
889
56
1,096
57
1,100
57
855
864
863
868
873
873
871
865
859
860
859
869
875
880
1,035
1,071
1,065
1,073
1,075
1,073
1,083
1,088
1,091
58
1,079
58
1,077
57
1,076
58
1,079
61
1,070
59
56
57
55
55
54
54
56
272.3
288.6
283.7
286.5
290.1
291.8
292.4
292.8
293.6
293.2
292.0
CONSUMER PRICES
(U.S. Department of Labor Indexes)
Not Seasonally Adjusted
ALL ITEMS, WAGE EARNERS AND
CLERICAL WORKERS, REVISED
(CPI-W)
1967= 100..
ALL ITEMS, ALL URBAN CONSUMERS
(CPI-U)
1967-100
Special group indexes:
All items less shelter
. .
do
All items less food
do....
All items less medical care
do....
See footnotes at end of tables.
292.1
292.3
293.0
294.9
296.3
2724
289 1
2843
287 1
2906
2922
2928
293.3
294 1
293.6
292.4
2
293 1
293.2
293.4
295.5
297.1
2585
270.6
270.9
2733
288.4
286.8
2687
2829
282.1
2706
286.0
284.9
2738
289.7
288.4
2753
291.5
289.9
2757
292.5
290.5
2769
292.9
290.8
2779
2940
291.5
2781
293.6
290.8
2782
292.1
289.5
2785
2
292.6
2
290.0
2785
292.6
290.0
278.7
292.4
290.1
280.8
294.7
292.3
282.4
296.5
293.9
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
hi the 1979 edition of BUSINESS STATISTICS
1981
1983
1982
1982
Annual
June 1983
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
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
261.5
2707
256.2
2398
247.8
3318
3528
2857
279.2
258.9
2693
255.0
2358
245.0
3284
349 1
283.9
277.9
314.7
3370
224.0
3768
350.8
667.9
393.8
233.2
309.4
331.4
220.1
3706
339.2
641.3
377.8
232.6
191.8
2915
287.5
1976
296.4
3460
328.7
191.9
282.9
278.8
196.0
285.1
3393
321.7
313.8
336.7
221.8
3774
345.4
644.6
389.0
233.4
191.5
285.6
281.5
197.5
291.4
3421
323.8
0.2
258.1
244.2
283.3
277.4
190.8
282.5
2786
196.1
329.0
1967—100..
.
do
do....
do
do...
do
253.6
2663
257.5
2271
2412
3057
324 3
263.8
2736
261.6
241 1
250.9
3333
3542
do.. .
do....
2746
269.9
Housing
do....
Shelter #
. . do
Rent residential
do....
Homeownership
do
Fuel and utilities $
do..
Fuel oil coal and bottled gas
do....
Gas (piped) and electricity
.
do
Household furnishings and operation
do....
293.5
3147
208.2
3527
3192
675.9
3459
221.3
186.9
2800
277.5
1902
256.9
3120
294.5
Food #
Food at home
Apparel and upkeep
Transportation
Private
New cars
Used cars
.
Public
Medical care
do....
do
do....
do
do....
do
. ... do..
Seasonally Adjusted @
All items percent change from previous month
Commodities
1967—100
Commodities less food
do....
Food
do....
Food at home
• ... do.
Apparel and upkeep
Transportation
Private
New cars
Services
• .. do..
do....
do
do...
.
. .
PRODUCER PRICES §
(U.S. Department of Labor Indexes)
do....
Not Seasonally Adjusted
All commodities
1967—100
By stage of processing: t
Crude materials for further processing
do....
Intermediate materials, supplies, etc
do....
Finished goods #
do....
Finished consumer goods
. .. do .
Capital equipment
do....
By durability of product:
Durable goods
do....
Nondurable goods
.
do ...
Total manufactures
do
Durable manufactures . . .
do ...
Nondurable manufactures
do
Farm prod., processed foods and feeds
do....
Foods and feeds processed
do
Industrial commodities
do ...
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 products
do....
Textile products and apparel
do....
Transportation equipment # ....Dec. 1968=100..
Motor vehicles and equip
1967=100..
Seasonally Adjusted $
267.8
276.4
266.1
246.6
256.0
338.6
3593
267.7
275.8
264.7
247.3
255.8
3356
3555
*261.2
275.2
262.4
'247.3
'254.4
1
337.9
286.4
278.3
286.5
277.8
194.9
295.3
291.1
197.7
304.6
353.3
336.0
319.0
340.7
230.2
379.5
362.2
691.3
407.6
235.1
195.4
295.8
291.4
199.0
310.5
356.0
342.2
316.3
335.9
230.8
372.9
364.1
688.5
410.6
235.7
193.6
294.8
290.4
200.1
312.6
355.6
344.3
0.3
266.0
253.6
286.9
279.9
192.7
0.1
266.4
253.8
287.5
280.2
192.8
0.4
267.9
255.6
288.1
280.5
193.3
-0.3
268.4
256.3
288.1
279.4
192.7
295.3
2916
199.2
338.9
295.6
291.6
199.6
339.1
296.4
292.3
199.2
339.9
0.0
268.1
255.9
288.2
280.1
193.2
296.0
291.8
198.7
339.3
266.4
2755
263.6
2446
253.8
3389
3605
266.6
276.2
264.6
244.1
253.9
3397
3613
288.5
282.8
287.4
280.8
319.2
342.8
224.8
384.5
354.7
659.9
402.1
234.1
189.7
296.1
292.3
198.6
302.4
347.2
330.0
320.1
344.2
226.0
3859
356.3
659.9
404.4
233.4
191.8
296.2
292.4
198.7
304.4
3481
333.3
287.6
280.6
319.7
342.6
226.9
383.0
359.5
662.8
409.2
234.2
1.1
264.3
251.2
287.1
281.5
0.6
265.8
253.0
287.6
281.5
191.5
291.5
2877
197.2
334.9
192.2
294.1
2904
198.0
336.8
1.0
261.0
247.3
285.4
279.7
191.1
285.1
2812
196.5
332.1
285.5
279.8
267.5
276.5
265.7
246.0
255.4
3403
3616
287.0
279.4
320.7
342.8
228.9
382.8
363.4
677.2
413.4
235.4
195.5
295.5
291.1
197.7
306.7
356.3
338.7
266.5
275.7
263.0
2447
253.5
3370
3585
265.1
2744
261.2
2432
251.9
3349
3565
287.8
282.6
317.5
340.9
222.6
3828
352.2
656.6
398.9
233.7
190.8
292.8
288.9
198.1
298.2
3456
326.4
295.8
291.7
199.3
336.7
266.7
274.6
260.5
247.1
253.2
3389
266.7
274.4
258.9
247.4
252.4
339.4
269.2
277.3
263.0
2487
255.4
3412
270.9
2793
266.3
2495
257.6
3426
288.1
279.3
'317.9
'338.3
232.2
(2)
365.4
671.1
413.5
'235.8
191.0
293.0
288.4
201.0
311.0
357.7
347.8
289.0
280.3
318.5
339.2
233.1
290.5
281.9
318.6
339.3
233.6
291.9
283.4
320.3
341.7
234.5
292.4
283.8
321.8
342.7
235.1
363.8
625.3
418.0
237.6
194.5
287.4
282.7
201.2
309.3
354.5
352.3
363.6
610.6
420.5
239.0
195.5
292.3
287.5
201.1
312.7
361.1
353.5
369.3
621.0
429.1
238.4
196.1
296.2
291.7
201.6
317.1
359.2
354.3
'0.2
268.1
'255.6
288.3
279.5
-0.2
266.3
253.0
288.3
279.4
194.2
0.1
266.8
252.8
290.1
281.8
0.6
268.4
254.5
291.3
282.9
194.1
289.0
284.4
202.6
339.8
194.5
292.1
287.2
201.3
341.7
0.5
270.4
257.1
292.2
283.8
195.8
(2)
1
193.2
293.9
289.4
199.4
'338.3
364.6
654.0
414.5
236.7
192.0
289.9
285.2
201.3
309.1
355.2
351.3
289.1
284.4
201.1
339.3
295.8
291.3
200.6
342.8
2934
299.3
298.0
298.6
299.3
300.4
300.2
299.3
299.8
300.3
300.7
r
299.9
301.2
300.5
300.8
301.7
329.0
306.0
269.8
2713
264.3
319.5
310.4
280.7
281.0
279.4
322.6
309.9
277.3
277.3
277.2
328.3
309.8
277.8
277.7
278.1
325.6
309.9
279.9
280.1
279.2
323.4
311.1
281.7
282.1
280.2
319.8
310.8
282.3
282.8
280.7
316.1
310.5
281.2
281.9
278.7
312.0
309.9
284.1
284.3
283.2
313.2
309.9
284.9
285.3
283.8
312.7
310.1
285.5
285.6
284.9
'313.9
r
309.2
'283.9
r
283.5
r
285.2
321.0
310.5
283.7
283.0
286.2
322.1
309.2
283.4
282.5
286.5
325.7
309.1
283.0
282.0
286.5
325.7
310.1
284.3
283.5
286.8
269.8
312.4
2860
269.6
3036
279.0
315.3
2927
279.8
3064
278.5
314.5
2913
279.2
3040
248.9
2424
2515
312.3
292.3
693.2
2069
262.6
284.7
278.8
3016
320.2
288.7
241.4
204.6
249.7
251.3
278.3
316.0
2924
279.3
3063
255.3
2527
2558
310.6
293.3
677.3
2070
261.8
289.0
278.6
2993
3209
289.5
242.5
205.0
249.1
251.1
278.9
317.6
2937
279.9
3085
252.4
246.6
2546
312.8
291.6
701.1
206.8
263.1
288.6
279.6
2995
321.1
289.1
242.0
204.1
249.8
252.0
278.8
317.1
2938
279.8
3086
249.6
240.8
2535
313.2
291.6
705.6
208.1
262.0
284.2
279.9
2992
320.5
289.3
242.6
204.2
250.6
252.8
278.6
315.7
292.9
279.6
307.1
247.4
234.5
253.5
312.7
290.7
700.4
208.3
263.5
283.0
280.2
301.8
321.2
289.4
242.5
204.3
244.5
244.6
281.2
314.3
293.8
282.3
306.0
243.8
229.2
250.8
314.3
289.9
698.8
208.9
263.2
279.4
281.1
3016
321.1
289.8
242.2
204.1
256.0
257.8
281.2
315.3
293.9
282.4
306.1
243.9
230.7
250.2
315.0
290.5
706.1
208.9
263.2
279.9
281.8
300.5
321.2
289.8
241.7
203.9
256.3
257.8
282.0
315.3
294.3
283.2
305.9
244.8
232.6
250.5
315.2
289.6
703.4
209.2
264.1
285.6
282.4
299.9
320.5
290.5
242.2
202.6
257.5
258.1
r
282.6
r
313.3
r
293.5
r
283.7
r
251.5
2549
2487
304.1
287.8
694.4
1984
261.5
292.8
263.1
3004
309.5
273.7
232.8
199.6
235.4
237.5
278.1
313.6
291 1
278.7
304 1
251.6
2506
251 1
309.9
294.3
670.6
206.0
263.4
286.5
277.6
303.1
320.2
288.5
241.1
205.4
245.8
247.2
285.2
313.5
294.1
286.1
302.3
249.9
240.8
253.9
314.4
290.6
673.5
211.7
265.0
302.7
283.6
306.1
321.9
293.3
242.8
202.4
257.3
258.1
285.1
312.4
293.0
285.8
300.5
250.4
241.4
254.3
313.4
290.1
662.3
212.1
265.9
305.0
284.0
305.4
321.9
293.8
243.1
203.2
257.1
257.7
285.1
312.8
292.9
285.8
300.2
254.7
250.5
256.0
312.6
291.3
648.1
213.1
267.1
305.4
284.9
3053
323.7
295.1
242.2
203.3
255.6
255.9
285.9
313.9
293.9
286.6
301.4
254.7
250.3
256.1
313.8
291.3
654.8
213.3
270.1
306.2
285.6
306.7
324.2
295.7
242.9
203.9
256.0
256.2
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 .
255.8
256.5
2544
309.6
295.0
662.2
206.5
263.2
284.6
278.2
3028
321.2
289.6
242.1
205.4
247.5
249.2
303.8
'245.8
r
233.2
r
251.7
r
313.9
'289.3
r
683.6
'210.7
'266.7
'293.3
'283.3
'300.3
321.5
'293.6
'242.9
'202.7
'256.3
'257.0
01
00
10
05
05
01
04
06
03
'11
'00
-0 1
-0 1
03
3208
3084
277.1
2773
261.6
2816
2243
3244
2765
3264
3087
277.1
2769
2623
2807
2250
3224
2778
3258
3097
2799
2800
2635
2846
2268
3277
2795
322 1
3103
2812
2815
2592
2885
2274
3343
2805
319 1
3103
282.5
2826
2594
2901
2286
3362
2823
3154
3108
282.8
2830
2583
2912
2278
3386
2819
3143
3109
2838
2844
2582
2932
2285
3417
2820
3173
3117
285.5
2862
2582
2958
2298
3453
283 1
3166
3118
2864
2870
2588
2967
2304
3464
2844
'3158
'310 1
'283.3
'283 1
'258.3
'2908
'2296
'3373
'2839
3176
3105
2834
2828
2598
2900
2328
3325
2856
3194
3083
2830
2820
261 1
288 1
2338
3283
2867
3239
3076
2828
2820
2642
2866
2324
326 7
2859
3239
3089
2837
2829
2629
2882
2326
3300
2866
0.361
0.352
0.360
0.348
0.357
0.344
0.355
0.342
0.354
0.342
0.356
0.341
0.352
0.340
0.351
0.341
0.350
0.342
'0.352
'0.341
0.352
0.341
0.353
0.341
0.353
0.338
0.352
0.337
PURCHASING POWER OF THE DOLLAR
As measured by:
Producer prices
Consumer prices
See footnotes at end of tables.
1967=$1.00..
do....
0.371
0.367
0.356
0.346
S-7
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Apr.
Annual
1983
1982
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE
mil. $..
238,201
229,564
17,943
19,323
20,932
20,490
21,021
21,402
21,202
20,946
19,734
17,172 16,432 18,361
19,631
... do
do....
do .
185 222
86,566
62664
179 412
75,004
51991
14 173
5,915
3856
15205
6,609
4 175
16281
6,899
4406
15738
6680
4676
15801
6,628
4846
16005
6602
5006
16302
6,954
4971
16402
7298
5068
16 193
6,863
4582
13853 13
459 15 162
6,274 rr6,130 rr7237
4434
4502
5468
16264
8403
6 128
Nonresidential buildings, except farm and
public utilities, total #
mil. $..
Industrial .
.
.. do
Commercial
do....
Public utilities:
Telephone and telegraph
do....
60,818
17030
34,248
64215
16669
37 131
5 195
1296
3078
5383
1417
3 119
5776
1543
3320
5610
1433
3302
5615
1458
3235
5679
1465
3289
5774
1548
3252
5652
1369
3285
5,397
1338
3 110
New construction (unadjusted), total
Private total #
Residential
New housing units .
4823
1 112
2818
4,553
1039
2663
7,074
7 140
584
588
654
626
652
652
604
599
545
438
448
do....
52,979
50 152
3770
4 118
4651
4752
5220
5396
4900
4544
3541
3319
2973
do...,
do....
do...,
17,792
1,722
1,655
16830
1,661
1632
1377
137
150
1377
128
131
1468
132
146
1458
142
141
1527
153
144
1599
150
167
1458
152
136
1513
162
139
1,347
153
127
1,352
145
157
1,273
137
127
do....
... do.
1,964
13304
2,191
13 180
137
721
186
1 014
168
1467
201
1563
215
1673
244
1672
183
1649
216
1 241
190
717
203
558
212
474
226 1
2287
2316
2276
228 1
2281
2308
2396
2390
2560
r
do....
175.1
1799
1787
1766
1770
1914
200 1
1992
723
496
755
510
73 4
515
721
523
71 5
53 1
1798
75 7
523
1875
Residential
do
New housing units . . . . . .
.. do. .
Nonresidential buildings, except farm and
public utilities total 4£ .
bil $
Industrial
do....
Commercial
do
Public utilities:
Telephone and telegraph
do
1826
753
498
81 7
547
870
573
934
658
642
159
384
644
17 1
368
67 1
184
380
640
164
375
633
167
36 1
64 2
166
37 1
635
17 1
357
647
158
378
642
153
375
665
155
388
Public, total #
Buildings (excluding military) #
Housing and redevelopment
Industrial
Military facilities
Highways and streets
.
New construction (seasonally adjusted at annual
rates), total
bil. $..
Private, total #
Public total #
Buildings (excluding military) $
Housing and redevelopment
Industrial
Military facilities
Highways and streets
4793
1 117
2751
r
4743
1055
2775
562
r
3 199
3366
1328
149
152
1290
133
138
210
539
212
714
F
r
2469
2480
1988
2023
96 4
704
r
986
r
104 4
792
636
144
373
r
r
71
73
70
74
72
73
65
68
63
69
71
do
510
488
489
489
51 4
51 1
51 0
52 1
476
559
502
do
do....
do
175
16
18
165
15
15
168
16
16
169
18
18
168
16
16
170
18
19
178
19
20
163
17
14
190
22
19
17
12 1
21
11 7
19
13 1
16 1
16
17
23
14 1
25
133
27
135
23
143
25
139
23
124
154 619 12 343
12513
r
111
94
94
do
.. do
.
2494
r
74 1
61 9
139
r
363
58 5
129
34 6
65
r
48 0
45 7
182
18
19
17 3
18
18
16 3
16
17
27
148
27
132
27
122
26
120
CONSTRUCTION CONTRACTS
Construction contracts in 50 States (F.W. Dodge
Division, McGraw-Hill):
Valuation total
mil $
Index (mo. data seas adj.)
1977—100..
Public ownership
Private ownership
By type of building:
Nonresidential
Residential .
Non-building construction
New construction planning
(Engineering News-Record) §
153 480
110
15 444
111
12528
98
13896
112
14 180
117
12549
105
12909
122
13977
131
11376
127
11310
119
16 171
131
16336
129
18 934
148
r
3766
r
4360
11 084
3745
8 783
3411
10 485
3849
10 330
3272
9 276
3 137
9 772
2835
11 142
2958
8418
2538
8772
3917
12254
3735
12602
4479
14 455
mil. $..
do
38,956
114 524
41347
113273
r
3422
r
do....
do....
do....
60,088
60164
33,228
59,208
58076
37,336
r
5,004
r
4645
r
r
4,130
r
5060
r
3,322
6113
5602
3729
5011
5 144
2372
5250
5414
3232
5226
5525
3429
5027
5629
1893
4520
5628
2761
3975
5 184
4818
4,459
4970
1,947
4214
4775
2321
5438
7762
2971
4549
7667
4 120
5246
8235
5*453
do....
166,366
149,206
14043
9 119
8278
11992
10385
11936
13373
15530
17683
12,665
11802
12737
10930
11 165
thous..
do
do....
1,100.3
10842
705.4
1 072.0
10622
662.6
85 1
84 1
558
992
988
589
919
91 1
635
1072
106 8
614
972
960
620
1084
106 4
633
1115
110 5
663
1099
1089
660
83.4
829
518
929
913
563
967
963
604
1358
1346
r
862
136 1
135
5
r
935
1737
173 1
111 7
911
583
1028
622
910
617
1 185
625
1046
651
1 134
683
1 142
716
1361
868
1280
842
1694
1,126
1 784
1,103
1605
1,008
1 504
1,006
1 791
1,151
1 000
546
880
462
951
489
924
513
1 065
507
928
515
1 029
576
1 154
657
1 227
738
1 326
753
1 447
866
1 479
835
1 467
859
1r 536
841
1 622
934
240.9
238.9
22.3
249
218
244
236
252
194
240
222
234
212
222
204
224
188
251
15.9
243
18 1
284
19.7
283
254
276
25.1
291
155.1
156.5
154.9
154.3
155.1
154.8
155.1
153.4
154.3
155.5
158.4
158.9
8921
2,695
8747
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total (private and public)
Privately owned
One-family structures
Seasonally adjusted at annual rates:
Total privately owned .
One-family structures
. . do ..
do....
New private housing units authorized by building
permits (16,000 permit-issuing places):
Monthly data are seas. adj. at annual rates:
Total
thous
One-family structures
do....
Manufacturers' shipments of mobile homes
Unadjusted
thous..
Seasonally adjusted at annual rates . .
... do.. .
986
564
CONSTRUCTION COST INDEXES
Dept. of Commerce composite
1977=100..
152.5
American Appraisal Co., The:
Average, 30 cities
Atlanta
New York
San Francisco
St. Louis
1913-100..
do
do....
. do
do....
2,643
2841
2,645
2873
2,453
Boeckh indexes:
Average, 20 cities:
Apartments, hotels, office buildings 1977—100..
Commercial and factory buildings
do....
Residences
do....
137.4
140.1
136.0
150.0
151.9
147.5
Engineering News-Record:
Building
Construction .
.
1967-100
... do. ..
3103
3289
3306
356 1
Federal Highway Adm. — Highway construction:
Composite (ave. for vear or atr.)
1977=100..
156.7
146.8
. . . .
See footnotes at end of tables.
149.0
151.1
146 1
325 1
3474
3255
3476
152.6
154.3
1499
3294
3552
146.8
3342
3630
153.6
155.2
1512
3343
3630
3350
3633
147.8
155.7
159.2
153.1
154.9
156.0
152.5
3348
3632
3356
3648
3400
367.7
146.1
3420
368.7
159.2
159.7
157.7
161.7
155.4
155.8
159.7
153.5
3475
372.5
348 1
372.9
148.1
3474
372.5
2
347.9
2
372.6
S-8
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
Apr.
Annual
June 1983
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
CONSTRUCTION AND REAL ESTATE—Continued
REAL ESTATE H
Mortgage applications for new home construction:
FHA net applications
thous. units..
Seasonally adjusted annual rates
do
92.3
99.8
6.3
74
5.2
65
6.7
90
8.2
100
6.8
102
9.8
180
11.8
106
7.9
143
11.3
168
12.2
178
12.0
165
187
15.1
22.7
r
248
21.9
239
17.1
167
180
156
r
153.8
155.0
13.6
143
13.0
149
14.1
157
12.3
137
11.9
128
12.9
154
15.7
186
Home mortgages insured or guaranteed by:
Fed Hous Adm ° Face amount
mil $ 10 278 14
Vet Adm * Face amount §
do. . 7,905.93
8 087 07
5,428.27
54757
37445
58961
32785
71628
44389
65380
43890
59251
552.50
77241
743.54
72461
385.69
77121 1 083 56 91479 1 100 29 2 026 13 2 447 06 1 637 70
454.78 563.89 630.80 961.02 1 243 48 1 189 71 1 910.77
66,004
67,941
67,801
69,398
69,325
68,399
67,642
67,077
66,308
Requests for VA appraisals
Seasonally adjusted annual rates
do....
do....
Federal Home Loan Banks, outstanding advances
to member institutions, end of period
mil. $..
New mortgage loans of all savings and loan
associations estimated total
mil. $..
By purpose of loan:
Home construction
.
. .
do .
Home purchase
do....
All other ourooses
do....
65,194
53,283
54298
3807
3797
5006
4 101
4,543
11599
28,299
13,385
11765
21,779
20.754
832
796
1052
2,080
1,874
859
981
1,921
1.321
1,962
1.600
1,612
1,363
1,607
1,394
16.9
227
15.1
238
66,004
19.5
274
62,365
21.0
278
27.3
292
61,004
60,024
59,371
r
5112
4,724
5,314
8,451
5,869
6,415
!0,076
10281
1 154
1,988
1,970
1,125
1,786
1,813
1 194
1,938
2.182
1,719
2,714
4,018
1,152
2,173
2.544
1,340
2,249
2.826
r
2,163
r
3,438
r
4.475
2 159
3,814
4.308
58,628
DOMESTIC TRADE
ADVERTISING
Magazine advertising (Publishers Information
Bureau):
Cost total
mil $
Apparel and accessories
do...,
Automotive incl. accessories
do....
Building materials
.
do.
Drugs and toiletries
do....
Foods soft drinks confectionery
do
3,256.9
143.4
291.7
59.3
320.4
234.4
3,421.2
154.4
330.0
52.3
329.3
261.3
290.9
15.9
25.5
5.9
30.8
26.2
338.9
11.8
36.5
6.8
34.4
21.2
262.7
5.5
17.0
4.4
28.7
22.8
210.7
7.6
21.2
3.7
22.6
20.9
211.6
13.0
20.1
3.0
23.5
15.8
307.5
23.2
17.9
6.9
30.4
22.3
351.1
17.2
36.8
5.1
30.3
26.9
397.6
16.7
46.2
4.1
28.5
34.3
285.5
11.9
26.9
2.7
24.7
20.8
229.2
8.8
19.3
3.4
20.1
14.2
275.9
10.3
32.0
2.6
27.1
23.7
320.6
20.4
35.8
3.7
31.6
23.9
330.9
17.3
36.2
5.0
36.2
20.7
374.7
15.7
45.6
7.0
39.5
24.9
. do
do....
do
do....
do
do .
256.9
167.9
67.7
29.7
316.6
1,368.9
258.1
146.7
50.9
26.5
358.0
1,450.6
20.7
14.9
5.2
3.1
28.9
129.6
22.7
19.2
8.0
3.0
32.3
143.0
23.2
9.6
3.5
2.3
28.2
117.5
16.1
8.5
3.2
1.4
27.2
66.6
12.2
6.7
3.2
1.7
31.0
82.8
19.5
17.1
3.9
2.1
32.0
132.1
24.3
16.0
3.7
3.2
34.2
153.1
32.6
17.5
4.4
2.5
38.7
172.0
34.8
10.8
2.4
1.1
32.7
116.7
10.2
8.0
2.3
1.3
31.4
110.1
13.6
8.0
2.3
2.0
31.4
122.9
19.6
12.2
3.1
1.9
34.9
133.5
19.6
17.2
3.3
2.6
36.0
136.8
20.5
19.6
4.4
2.6
38.2
156.3
Newspaper advertising expenditures (Media
Records Inc.):
Total
mil $
Automotive
do....
Classified
do
Financial
. do ..
General
do....
Retail
do....
9,575.4
225.6
2,514.9
387.2
1,380.0
5,067.8
814.7
24.1
209.2
30.6
122.8
428.0
904.9
25.0
233.6
29.4
137.8
479.0
97,707 100,393
37,500 39,143
60,207 61,250
93,273
36,971
56,302
94,291
38,103
56,188
93,626
38,473
55,153
93,067
38,473
54,594
94,181
38,279
55,902
94,279
37,643
56,636
87,420
35,061
52,359
84,974 400,953
34,133 rr40,763
50,841 60,190
90,898
37,259
53,639
Beer wine liquors
Houshold equip., supplies, furnishings
Industrial materials
Soaps cleansers etc
Smoking materials
All other
.
WHOLESALE TRADE t
Merchant wholesalers sales (unadj.), total
Durable goods establishments
Nondurable goods establishments
mil. $.. 1,208,070 1,144,352
do.... 509,743 457,713
698,327 686,639
do
Merchant wholesalers inventories, book value,
end of year or month (unadj.), total
mil. $..
Durable goods establishments
do ..
Nondurable goods establishments
do....
117,566
75,601
41,965
98,687
39,361
59,326
119,302 119,616 117,563 118,772 118,676 117,271 118,424 120,222 119,620 119,302 118,010 117,803 418,208
118,225
77,415 79,642 78,527 79,658 80,648 79,398 79,731 79,439 77,964 77,415 76,097 75,738 r75,935 76,151
41,887 39,974 39,036 39,114 38,028 37,873 38,693 40,783 41,656 41,887 41,913 42,065 r42,273 42,074
RETAIL TRADE
All retail stores: t
Estimated sales (unadj.), total t
mil. $.. 1,047,573 1,075,679
Durable goods stores #
do.... 316,020 320,868
Building materials, hardware, garden supply,
51,968
48,975
and mobile home dealers
mil $.
173,922 182,390
Automotive dealers
do
46,513
47,462
Furniture, home furn., and equip
do....
731,553 754,811
Nondurable goods stores
do
General merch. group stores
do.... 127,948 131,282
Food stores
do . 241,102 252,802
108,231 104,633
Gasoline service stations
do
51,991
107,357
35,849
19,031
87,964
90,812
88,965
91,213
89,642
88,159
91,416
94,196 113,189
81,329
26,776
26,824
28,423
31,142
23,808
78^884
24,159
r
93,760
30,832
r
93,391
30,157
r
1
96, 167
32,129
1
26,983
28,488
27,615
27,204
26,922
4,187
15,953
3,637
4,768
16,742
3,664
4,704
15,689
3,847
4,561
15,459
3,926
4,395
15,321
3,865
4,395
15,261
3,765
4,404
15,218
3,859
4,039
16,233
4,193
3,864
14,960
5,318
3,261
13,776
3,639
r
3,159
4,088 r4,557 '5,053
14,536 '19,246
48,329 49,550
3,440 r4,035 r3,889 '3,994
60,981
10,181
20,812
8,359
62,324
10,707
21,404
8,619
61,350
10,088
21,020
9,047
64,009
10,061
22,674
9,463
62,720
10,452
20,838
9,169
61,383
10,066
20,957
8,706
64,592
11,036
21,572
8,869
65,773
13,197
20,680
8,585
82,047
21,238
23,608
8,706
57,521
7,896
20,354
8,059
4,266
8,787
2,926
1,527
4,150
9,214
2,930
1,591
3,846
9,271
2,924
1,570
4,020
9,786
2,924
1,690
4,374
9,778
2,899
1,559
4,151
9,145
2,859
1,505
4,395
9,548
2,953
1,553
4,762
8,878
3,021
1,559
7,232
9,382
4,171
2,197
3,496
8,673
2,975
1,386
54,725 r62,928 '63,234 164,038
7,747 10,248 40,496 41,177
19,323 '21,497
'21,673 '21,488
7,353 r8,077 '8,283 '8,632
r
3,203 r4,185 '4,286 '4,160
8,413
9,635 '9,684 '9,887
2,930 r3,208 '3,123 '3,139
1,329
4,452
1,506
do....
88,468
90,813
88,603
89,469
89,069
89,897
90,905
92,492
92,459
92,295
91,164
Durable goods stores $
do
Building materials, hardware, garden supply,
and mobile home dealers #
mil. $..
Building materials and supply stores . do. .
Hardware stores
do....
26,718
28,127
26,136
26,124
25,831
26,619
27,154
28,721
28,723
28,307
27,490 '29,160 '30,467 '31,650
4,119
2,857
707
4,281
2,944
735
4,139
2,903
696
4,134
2,905
684
4,014
2,821
666
4,004
2,809
663
4,024
2,848
682
4,057
2,864
682
4,143
3,018
674
4,366
3,214
710
4,222
3,101
702
Apparel and accessory stores
Eating and drinking places
Drug and proprietary stores
Liquor stores. . .
Estimated sales (seas, adj.), total t
do....
do
do....
do.. .
50,270
98,585
33,593
18,631
r
93,263 '94,864 '96,866
r
4,400
r
3,232
r
685
'4,533
3,342
684
'4,598
do....
15,229
16,430
14,638
14,650
14,463
15,200
15,713
17,104
16,727
15,979
15,496
46,802 48,082 49,062
do....
do
13,516
1,713
14,664
1,766
12,834
1,804
12,865
1,785
12,709
1,754
13,424
1,776
13,927
1,786
15,298
1,806
14,965
1,762
14,227
1,752
13,664
1,832
44,986 46,323 47,178
1,816
1,759
Furniture, home furn., and equip. #
do....
Furniture home furnishings stores . . do.
Household aooliance. radio. TV
do....
3,885
2,233
1.184
3,917
2,239
1.181
3,865
2,187
1.136
3,889
2,204
1.222
3,807
2,187
1.123
3,807
2,180
1.109
3,834
2,242
1.118
3,868
2,258
1.175
4,100
2,326
1.317
4,100
2,384
1.414
3,973
2,296
1.375
Automotive dealers
Motor vehicle and miscellaneous
auto dealers
Auto and home supply stores
See footnotes at end of tables.
r
4,106
r
2,425
4.370
'4,144
2,401
1.418
'4,240
S-9
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1983
1982
Annual
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
63278
10847
8821
724
21253
19870
8750
63,751
10858
8865
726
63771
11 043
8928
729
63736
11 410
9265
744
63988
11 313
9309
747
21370
20003
8,747
21423
20 139
8628
4267
677
1555
827
9090
3041
1,578
4 279
671
1592
805
21333
19964
8733
4 354
680
1626
818
21 115
19868
8583
4 263
63674 r64 103 r64 397 '65 216
11 131 11
272 11
245 11 641
r
9056 r9256
9212 '9554
r
758
753
752
21 347 rr21 501 rr21 506 1 21 668
20073 20
208 20 233 '20 402
8216 r8 183 r8350 '8555
r
4 332
4 322 r4 476 14 532
'654
692
'664
1651 1678
1677
r
878
862
838
9324
3041
1,577
9345
3067
1565
9 345
3016
1548
Apr.
May
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
61,750
10702
8752
713
do
do
do....
20782
19457
8,409
62,686
11032
9009
738
21 113
19733
8559
Apparel and accessory stores #
do
Men's and boys' clothing
do
Women's clothing, spec, stores, furriers do.
Shoe stores
do
4 278
4417
1592
1644
801
834
Eating and drinking places
Drug and proprietary stores
Liquor stores
8674
2950
1,635
8817
2975
1612
.
Food stores
Grocery stores
Gasoline service stations
678
do
do. .
do....
Estimated inventories, end of year or month: t
Book value (unadjusted) total
mil $
Durable goods stores #
do. ..
Building materials, hardware, garden
supply, and mobile home dealers
do....
Automotive dealers
do....
Furniture, home furn., and equip
do....
Nondurable goods stores #
General merch. group stores
Department stores
Food stores
.
Apparel and accessory stores
do
do....
do....
do
do....
Book value (seas, adj.), total
Durable goods stores #
Building materials, hardware, garden
supply, and mobile home dealers
Automotive dealers
Furniture, home furn., and equip
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
do....
do
123 591
58,441
mil $
do
do....
Nondurable goods stores #
General merchandise group stores
Food stores
Grocery stores
Apparel and accessory stores
Eating places
.
.
Drug stores and proprietary stores
do .
do....
do
do
do....
do
do ..
Estimated sales (sea. adj.) total #
Auto and home supply stores
Department stores .
.
. . . .
Variety stores
Grocery stores
do
do....
do
do....
do .
10,351
26,149
9,505
10,383
25,770
9,574
10,338
26,994
9,671
63238
10841
8845
738
21247
19839
8803
21213
19808
8,741
4 364
689
1601
830
4 321
667
1575
829
9028
2999
1591
9 113
3001
1,573
10,255
27,275
9,639
65956 66648 65969 66519 66823
22,191 23,646 23,317 23,566 23,949
16462 17758 17442 17412 17497
15311 14394 14 311 14504 14 189
10,477 10,914 10,830 10,767 10,891
128,250 125,479 124,631 126,300 126,662
59597 57890 57039 58225 58888
10,672
26,375
10,028
10,001
25,813
9,543
10,081
24,875
9,603
10,145
26,132
9,642
68,653
24484
18090
15 174
10,891
67,589
23983
17919
14 394
11,194
67592
23900
17780
14470
11,188
68075
24 118
17858
14606
11,216
371 996
26870
3,959
345 126
115,314
127 567
125 745
18,706
20341
17855
388 984
28212
4,059
360 772
119,163
135 387
133 475
20 143
22138
19095
31 179
2205
352
28974
9237
11 204
11031
1666
1804
1 535
31683
31 992
2 370
346
29622
9737
11 321
11 175
1606
1925
1550
32390
31 076
2 368
359
28708
9 160
11038
10*889
333
8406
587
do....
do
do....
do
do....
Durable goods stores
Auto and home supply stores
10,224
26,691
9,878
10,164
26,296
9,870
67,738
24020
17889
14 158
10,967
do....
do....
do....
63345
10925
8929
729
4 341
'682
1638
813
682
1656
822
9 715
3*209
1*545
9626
3 148
1542
r
9 762
r
3*263
1*563
r
9 522
r
J
9562
*3 180
23374
233 89
3206
1 584
124 858 124 998 123 901 125 496 125 837 126 850 130 731 135 378 136 105 124 858 123 345 126
364 128 565
58902 58350 57932 58977 59014 58617 59866 60937 60812 58*902 59235 r60 905 60*854
9,737
26,638
9,722
65 150
21,808
16315
14300
10,561
126,833
59095
707
62467
10796
8822
712
21025
19624
8,649
4 226
681
1560
792
8863
2999
1,583
11009
1631
Apparel and accessory stores
do
Women's clothing, spec, stores, furriers .. do....
Shoe stores
do
Drug stores and proprietary stores
do....
682
347
1,552
10,192
26,245
9,866
10,023
26,756
10111
70865
25,950
19071
14326
11,970
10,142 10,259 10,224 10,360 10,789
27,083 26,638 26,691 26,596 r27,585
10,337 10,324
9878
9984 10 101
74 441 75293 65 956 64 110 r65 459
68233
24,646
27,992 28,198 22,191 21,555 rr22,780
18070
20760 21 130 16462 15826 !6 837
14071
14 982 15 431 15311 14769 14 750
11,501
12,251 12,167 10,477 10,001 10,234
128,258 129,788 128,849 127,619 128,250 127,869 130,392
60204 61668 60581 59417 59 597 59 735 rgl 517
11,139
27,476
10364
67 711
24,187
17930
14 980
10,677
129,046
60 195
10,255
26,872
9,736
67774
24247
17872
14 420
11,079
10,223
27,831
9,836
10,134
28,925
9,962
10,234
27,892
9,920
10,373
26,665
9,956
10,672
26,375
10,028
10,736
26,023
10,314
10,821
27,585
10,349
10,836
26,728
10,501
68054
24333
17998
14 373
11,242
68 120
24206
17924
14 442
11,218
68268
24357
18068
14 546
11,047
68202
24386
18075
14 767
10,912
68653
24 484
18090
15 174
10,891
68 134 rr68 875
24 129 24 983
17663 18*523
14 994 14 960
10,918 10,876
68851
24 929
18465
14 906
10,895
32 291
31 725
31 312
33 067
35 274
2387
370
2 305
348
2 320
345
2 347
359
2 575
362
1458
1926
1518
29904
9096
12046
11*886
1534
2014
1554
29420
9497
10928
10778
1776
2011
1521
28992
9 115
11 201
11057
1611
1856
1507
30720
9991
11521
11381
1729
1977
1551
32699
12020
11 135
10987
1934
1860
1625
32537
342
8572
600
11 129
32425
337
8494
600
11 215
32606
343
8498
590
11 237
348
8967
598
705
376
1722
708
372
1,594
1686
696
361
1.579
1656
683
354
1.627
32817
346
8547
588
11 257
1725
723
368
1.651
339
8937
600
1608
677
354
1.576
32560
344
8522
588
11 224
1678
706
356
1.638
28 146
1 933
289
26 213
7 122
11 038
10905
1228
1803
1575
33312
338
8667
609
32122
332
8466
577
11077
47 915
3 792
361
44 123
19437
13050
12786
3055
1 924
2442
33540
11 108
1697
1,572
11 416
1 728
736
371
1.616
r
r
27 026
1 868
272
32 517
2 389
345
r
25
158 30 128
r
6991
9307
10 454 11 698
10 308 11533
1 186 1 737
1 736 2030
1 715
1542
r
33565
355
8913
598
11 476
1 726 1 746 1 773
748
111
758
370
389
399
1.694 1.744
1.761
33 083
351
r
8697
606
11 185 11 340
LABOR FORCE, EMPLOYMENT, AND EARNINGS
POPULATION OF THE UNITED STATES
Total incl armed forces overseas $
mil
LABOR FORCE
Not Seasonally Adjusted
Labor force, total, persons 16 years of age
and over
thous
Armed forces
do...
Civilian labor force total
do
Employed
do
Unemployed
do....
Seasonally Adjusted H
Civilian labor force total
Participation rate *
Employed, total
Employment-population ratio *
Agriculture
Nonagriculture
Unemployed, total
Long term, 15 weeks and over
See footnotes at end of tables.
3
3
110 812
2,142
108 670
100 397
8,273
112383 110 990 112089 113 742 114 706 114 083 112 744 112 955 113035 112659 111 968 111 835 112067 112077 112506
2,179
2 175
2 198
2 176
2 180
2 194
2,202
2173
2 180
2 196
2 198
2 188
2 188
2 182
2 189
110 204 108 814 109 914 111 569 112526 111 887 110546 110 767 110 855 110477 109 779 109 647 109 873 109 875 110 308
99526 98858 99957 100 683 101 490 101 177 99851 99825 99379 98849 97 262 97 265 97 994 98840 99543
9,957
9,957 10,886 11,036 10,710 10,695 10,942 11,476 11,628 12,517 12,382 11,879 11,035 10,765
10,678
229 85
do
percentthous
percentthous..
do....
58.3
3,368
97,030
do....
do....
2,285
63.9
232 06
231 54
231 70
231 88
23206
23228
23250
232 70
23290
233 08
233 27
233 43
23357
109 740 110 378 110 147 110 416 110 614 110858 110 752 111 042 111 129 110 548 110553 110484 110786 110749
63.7
63.7
63.7
63.6
63.9
64.2
64.2
64.1
64.2
64.1
63.8
64.0
64.1
64.2
99484 99994 99681 99588 99683 99543 99 176 99136 99093 99103 99,063 99,103 99,458 99,557
57.2
57.2
57.1
57.1
57.1
57.4
57.1
57.1
56.9
57.3
57.2
57.2
57.2
57.2
56.6
3,367
3,371
3,375
3,401
3,371
3,466
3,356
3,446
3,411
3,393
3,445
3,363
3,413
3,412
3,429
96,125 96 128 96,548 96,310 96 143 96254 96,180 95,763 95670 95,682 95691 95,670 95,729 96,088 96,190
10,256 10,384 10,466 10828 10,931 11,315 11,576 11,906 12,036 11,446 11,490 11,381 11,328 11,192
4,517
4,356
4,524
4,615
3,267
3,637
4,167
4,634
4,618
3,485
3,080
3,517
3,569
3,856
4,732
64.0
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
1981
1982
1982
Apr.
Annual
June 1983
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
LABOR FORCE—Continued
Seasonally Adjusted |
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
76
6.3
68
Occupation:
White-collar workers
Blue-collar workers
Industry of last job (nonagricultural):
Private wage and salary workers
Construction
Manufacturing
Durable goods
93
8.3
81
19.6
23.2
22.8
6.7
8.6
8.3
94
8.3
82
9.5
8.7
81
22.5
98
8.9
83
23.9
9.9
9.0
83
23.8
10.2
9.6
84
23.8
10.5
9.8
87
24.1
10.7
10.0
9.0
24.2
10.8
10.1
92
24.5
10.4
9.6
9.0
22.7
10.4
9.9
8.9
222
10.3
9.6
88
23.5
102
9.8
84
23.4
101
9.6
85
23.0
8.4
7.3
119
8.4
17.1
6.4
7.1
12.1
8.7
17.4
66
7.4
120
8.7
17.7
6.8
7.3
11.7
9.1
18.1
7.2
7.6
12.4
9.3
18.4
7.5
7.9
11.3
9.6
18.5
7.6
8.2
12.5
9.7
18.8
7.8
8.2
13.2
9.1
19.0
7.1
7.8
13.2
9.2
18.0
7.2
7.6
13.0
9.0
18.5
7.1
7.5
13.5
8.9
18.8
7.1
7.3
13.2
8.9
18.6
70
7.5
129
10.8
19.7
13.3
14.7
10.8
203
12.8
14.1
10.5
20.3
12.4
13.5
10.5
204
12.3
13.5
22.9
17.3
16.8
43
6.0
104
6.5
7.4
117
60
7.6
115
4.0
103
4.9
143
4.8
135
4.8
136
4.9
140
4.9
144
4.9
144
4.9
155
5.2
158
5.5
162
5.6
163
7.7
156
10.1
200
12.3
13.3
9.8
193
11.3
11.9
9.8
189
11.5
12.2
10.0
195
12.2
13.1
10.2
203
12.1
12.8
10.2
20.4
12.4
13.3
10.7
22.0
13.6
14.9
11.0
22.3
14.1
16.0
11.4
21.8
14.8
17.0
11.6
22.0
14.8
17.1
14.2
. ..
97
8.8
83
8.3
8.2
17.1
61
(*)
C)
10.8
20.0
13.0
14.7
EMPLOYMENT f
Employees on payrolls of nonagricultural estab.:
Total, not adjusted for seasonal variation ....thous..
Private sector (excl. government)
do....
Seasonally Adjusted t
Total employees, nonagricultural payrolls
Private sector (excl. government)
Nonmanufacturing industries
Goods-producing
Mining
Construction
do....
do....
do
. do
do....
do
Manufacturing
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay and glass products
Primary metal industries
Fabricated metal products
Machinery except electrical
Electric and electronic equipment
Transportation equipment
Instruments and related products
Miscellaneous manufacturing
do
do....
do....
do....
do....
.... do .
do....
do
do....
do
do....
do....
Nondurable goods
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...
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
do...
Seasonally Adjusted t
Production or nonsupervisory workers on private
nonagricultural payrolls t
thous.
Goods-producing
do...
Mining
do
Construction
do.
Manufacturing
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
do...
Transportation equipment
do...
Instruments and related products
do...
Miscellaneous manufacturing
do...
See footnotes at end of tables.
'91,156
r
75,125
'89,596 '89,938 '90,407 '90,585 '89,221 '89,088 '89,562 '89,541 '89,466 '89,321 '87,660 '87,613 '88,172 '89,005 "89,873
'73,793 '73,764 '74,228 '74,603 '74,212 '74,211 '74,161 '73,678 '73,463 '73,353 '71,905 '71,625 '72,121 '72,971 P73,806
r
9 1,156
'75,125
'54 955
'25 497
'1,139
'4 188
'89,596
'73,793
'54 940
'23,907
'1,143
'3911
'90,024
'74,163
'55 003
'24,307
'1,204
'3943
'90,016
'74,148
'55 070
'24,226
'1,177
'3971
'89,775
'73,939
'55 021
'24,001
'1,150
'3933
'20 170
'12,109
'666
'464
'637
r
l 122
'1,590
'2498
'2,093
'1897
'730
'408
'8,061
'1,671
'70
'823
'1,244
'688
'1,266
'1 109
'214
'736
'237
'65,659
'5,165
'20 547
'5358
'15,189
'5,298
'18,619
'16 031
2772
'13 259
'18 853
'11,100
'603
'433
'577
'922
1,434
'2266
'2,015
'1744
'715
'385
'7,753
'1,638
'67
'750
'1,163
'662
'1,268
'1079
'201
'700
'221
'65,689
'5,081
'20 401
'5280
'15,122
'5,340
'19,064
'15,803
2739
'13 064
'19 160
'11,350
'603
'435
'586
'973
'1,470
'2366
'2,037
'1765
'724
'391
'7,810
'1,636
'69
773
'1,171
'667
'1,273
'1088
'201
'707
'225
'65,717
'5,117
'20 427
'5310
'15,117
'5,328
'18,984
'15,861
'2733
'13 128
'19 078
'11,289
'602
'434
586
'947
'1,460
'2350
'2,033
'1766
'723
'388
'7,789
'1,641
'68
'758
'1,170
'664
'1,272
'1084
'201
708
'223
'65 790
'5,117
'20 454
'18918 '18 802 '18,666 '18,555 '18 358 '18,222
'11,169 '11,095 '10,961 '10,862 '10,685 '10,577
'601
'603
'608
'605
'601
'600
'427
'433
'433
'428
'426
'430
'573
'570
565
'559
580
'578
'823
'929
'890
'869
'840
'909
'1,442 '1,432 '1,416 '1,402 '1,378 '1,362
'2298 '2256 '2,213 '2,184 '2122 '2,088
'2,025 '2,016 '2,008 '1,992 '1,976 '1,975
'1756 '1770 '1733 '1724 '1691 '1661
'705
'700
'720
'717
'712
'710
'377
374
'385
'387
'382
'380
'60,927
'14,020
'59,566 '59,521 '59,989 '60,308 '59,934 '59,922 '59,919 '59,495 '59,292 '59,209 '57,776 '57,529 '57,989 '58,780 "59,588
'12,790 '12,979 '12 968 '12,941 '12,630 '12,693 '12,790 '12,505 '12,319 '12,201 '12,115 '12,157 '12,241 '12,370 "12,544
'60,927
18245
'841
'3261
'14 020
'8294
'553
'373
'490
'861
'1,171
'1,580
'1,311
'1,219
'430
'302
'59,566 '59,893 '59,903
16,589 '16,960 '16 902
'831
'890
'862
3,004
'3,029 '3060
'12 790 '13 041 '12 980
'7350 '7556 '7511
'493
'493
'492
'342
'343
'345
'437
'443
444
'683
'724
'704
'1,033 '1,062 '1,054
'1,368 '1,449 '1,438
'1,216 '1,238 '1,233
'1,085 '1,100 '1 105
'410
'418
'417
'279
284
'281
'5311
'15,143
'5,331
'19,020
'15 868
'2731
'13 137
'7,749
'1,635
'68
'744
'1,167
'661
'1,268
'1079
'200
'705
'222
'7,707
'1,639
'67
741
'1,141
'660
'1,266
'1073
'200
700
'220
'7,705
'1,636
'67
'736
'1,151
'657
'1,267
'1074
'200
'698
'219
'7,693
'1,633
'66
'734
'1,149
'659
'1,266
'1070
'202
'696
'218
'7,673
'1,636
'66
'733
'1,148
'653
'1,265
'1066
'201
'689
'216
'7,645
'1,632
'63
'727
'1,141
'654
'1,263
'1064
'200
'685
'216
'7,634
'1,626
'69
'727
'1,140
'653
'1,263
'1059
'199
'685
'213
'7,650
'1,626
'69
'726
'1,150
'653
'1,266
'1057
'200
'688
'215
'88,745
'73,003
'54,758
'23,049
'1,014
'3,790
'18,245
'10,608
'631
'427
'557
810
'1,364
'2,042
'1,981
'1,729
'693
'374
'7,637
'1,620
'67
'726
'1,148
'652
'1,264
'1056
'199
'691
'214
'65,774
'5,099
'20 454
'5293
'15,161
'5,339
'19,046
'15,836
'2738
'13 098
'65,607
'5,075
'20 438
'5279
'15,159
'5,342
'19,083
'15,669
2737
'12 932
'65,592
'5,056
'20,410
'5,265
'15,145
'5,344
'19,097
'15,685
'2,739
'12 946
'65,705
'5,054
'20,380
'5252
'15,128
'5,351
'19,136
'15,784
'2,735
'13 049
'65 651
'5,033
'20 344
'5237
'15,107
'5,350
'19,144
'15,780
'2742
'13 038
'65,654
r
5,019
'20,320
'5212
'15,108
'5,356
'19,187
'15,772
'2,746
'13 026
'65,604
'5,008
'20,256
'5192
'15,064
'5,367
'19,215
'15,758
'2,747
'13011
'65,700
r
4,980
'20,355
'5185
'15,170
'5,374
'19,238
'15,753
'2,748
'13 005
'65,696
'4,965
'20,343
'5 181
'15,162
'5,384
'19,262
'15,742
'2742
'13 000
'89,450
'73,781
'54 979
'23,843
'1,125
'3916
'89,264 '89,235 '88,938 '88,785
'73,579 '73,451 '73,158 '73,013
'54 913 '54 896 '54 800 '54 791
'23,672 23,530 '23,287 '23,131
'1,113 '1,100 '1,082 '1,066
'3,893 '3,875 '3847 '3,843
'88,665
'72,907
'54 714
'23,061
'1,053
'3,815
'18,193
'10,559
'614
'429
'554
'816
'1,359
'2,066
'1,957
'1696
'695
373
'88,886
'73,133
'54 889
'23,186
'1,037
'3,905
'18,244
'10,594
'625
'430
'557
'817
'1,364
'2,048
'1,974
'1710
'695
'374
'89,087 P89,461
'73,361 P"73,706
'54 988 P55 229
'23,155 23,347
'997 p 1,004
'3,785 P3,866
'18,373 "18,477
'10,691 "10,784
P
'650
661
'440
"444
P
'565
571
'821
"837
'1,369 "1,380
'2,032 P2,060
'2,000 "2,007
'1742 "1752
'691
"690
'381
"382
'88,814
'73,090
'54 823
'23,030
'1,006
'3757
'18,267
'10,617
'638
'433
'559
'816
'1,362
'2,030
'1,988
'1723
'691
'377
'7,650
'1,619
'67
'730
'1,143
'652
'1,269
'1056
'199
'699
'216
'7,682
'1,631
'66
733
'1,147
'653
'1,274
'1057
'199
'707
'215
'65,784
'4,963
'20,350
'5 176
'15,174
'5,391
'19,356
'15,724
'2742
12982
'65,932
'4,988
'20,317
'5177
'15,140
'5,417
'19,484
'15,726
'2,749
'12 977
"7,693
"1,627
"66
"736
p
l,149
"656
"1,277
"1055
"197
P
716
P
214
"66,114
"4,994
"20,344
P
5 184
p
15,
160
P
5,418
"19,603
"15,755
P
2,749
"13 006
'59,716 '59,568 '59,367 '59,247 '58,988 '58,850 '58,764 '58,938 '58,803 '58,889 '59,130 "59,498
'16,704 '16,578 '16,430 '16,307 '16,095 '15,961 '15,908 '16,019 '15,900 15,881 '16,018 "16,218
'715
'804
'792
'736
'707
'703
'763
'750
'814
'776
"710
'837
'3024 '3013 '2,992 '2973 '2951 '2,946 '2,917 '2,992 '2882 '2851 '2879 "2957
'12 843 '12 751 '12 634 '12 542 '12 368 '12 252 '12 241 '12 291 '12 303 12323 '12 436 "12551
P
'7408 '7350 '7,234 '7 150 '6992 '6900 '6892 '6931 '6949 '6961 '7035
7 131
'493
'515
'491
'491
'491
'495
'522
'539
'500
'506
'529
"549
'337
'339
'342
'338
'339
'338
'342
'336
'337
'348
'342
"352
'437
'434
438
'432
427
'421
'421
'422
'418
'423
'429
"436
'601
'689
'658
'640
'598
595
'596
'672
'615
'601
'608
"623
'981
'983
975
'973
'1,039 '1,031 '1,018 '1,008
'988
'982
'987
"999
'1,186 '1,179 '1,171 '1,174 "1,202
'1,396 '1,358 '1,321 '1,297 '1,243 '1,215 '1,199
'1,178 '1,161 '1,182 '1,187 '1,193 '1,206 "1,217
'1,226 '1,215 '1,206 '1,193
1,180
'1055 '1,073 '1066 '1,085 "1091
'1,095 '1,116 '1,082 '1072 '1,039 '1,010 '1,044
'407
'387
'404
'394
'390
'413
'411
'398
'385
'384
'385
"387
'267
'275
'273
'271
'267
'268
267
'279
'280
'274
"275
'270
S-ll
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
1982
Apr.
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
'5 401
1,126
'53
'631
'971
'488
'699
'587
122
546
178
"5420
p
l,122
"51
P
634
"974
"492
P
701
"589
122
"556
"179
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
EMPLOYMENT t—Continued
Seasonally Adjusted t
Production or nonsupervisory workers—Continued
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products
r
thous
do....
do
do..
do....
do....
do....
do....
do....
do....
do....
Service-producing
Transportation and public utilities
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
do..
do
do
do
do
do....
do
r
5 440
1,126
r
52
r
642
r
983
r
493
'698
r
601
120
r
536
185
5727
1,149
r
54
r
712
1,059
r
518
r
699
r
628
133
r
569
r
201
r
r
r
5485
1,123
r
54
662
'993
r
498
r
700
r
606
119
541
189
'5469
1,128
'54
'649
'989
'495
'700
'604
120
543
187
'5435
1,124
'53
'636
'986
'492
'698
'600
119
'541
186
'5401
1,129
'52
634
'963
'491
'696
'596
119
'537
184
'5400
1,126
'53
630
'972
'489
'696
'597
119
'535
183
'5392
1,123
'51
'628
'971
492
'696
'595
122
'532
182
'5376
1,127
'51
'629
'968
'486
'696
'593
120
'526
180
'5352
1,123
'48
'623
'962
'487
'694
'592
120
'523
180
r
'5349
1,119
'54
'623
'963
'486
'695
'589
119
'524
177
'5360
1,119
'54
'622
'973
'486
'694
'588
120
'525
179
'5354
1,115
'52
'622
'970
'486
'694
'587
121
'529
178
'5362
1,114
'52
'627
'965
'486
'694
'585
122
'538
179
'42 856 '42 919 '42 903
'4 125 '4 102 '4 089
17 689 17 774 17 769
'4 183 '4 171 '4 166
13506 13 603 13 603
'3,997
'3,998 '4,003
17 045 '17 045 '17 042
'43 008
'4086
17 776
'4 156
13 620
'4,012
'17 134
'43 112 P43
280
'4 103 P4 111
17 733 P17
770
'4 159 P4 169
'13 574 P13 601
'4,035 "4,032
'17 241 "17 367
42
805
r
4283
17 958
4360
13
598
r
3,999
16 565
42 940
'4 194
17
827
r
4268
13
559
r
3,994
16 926
42
933
r
4225
17
855
r
4296
13
559
r
3,991
16 862
'43 001
'4223
17 893
'4 298
13 595
'3,988
16 897
'43 012
'4 208
17 890
'4 280
13610
'3,999
16915
'42 990
'4 189
17 868
'4 268
13 600
'3,994
16 939
'42 937
'4 168
17 833
'4 252
13 581
'3,990
16 946
'42 940
'4171
17 800
'4 240
13 560
'3,994
16 975
'42 893
'4 149
17 764
'4 225
'13 539
'3,990
'16 990
'42 889
'4135
17 738
'4 201
13 537
'3,993
17 023
35.2
34.8
437
369
426
r
367
'34.7
349
r
428
'366
34.8
350
'42 7
375
35.0
349
42 8
375
35.2
349
42 5
380
35.2
348
424
376
34.8
348
'420
369
34.7
34 7
41 9
37 i
34.7
347
41 6
36 1
'35.0
348
42 2
368
34.6
35 1
42 5
'36 9
34.2
34 5
41 3
35 4
34.7
34 8
'41 8
364
'34.7
'349
'41 6
36 7
39.8
38.9
28
23
38.7
390
24
39.0
391
23
39.3
'39 1
'2 3
38.9
'39 1
'2 3
39.0
390
'2 3
38.9
388
23
39.0
'389
23
39.3
'390
23
39.7
'390
23
39.2
'397
'2 4
'38.8
'39 2
'24
39.6
'39 5
'26
'39.8
40 1
'2 9
393
22
38.0
r
372
r
40.0
386
39.2
r
39.7
39.3
40.5
398
38.5
395
22
37.7
374
400
385
'39.3
40.1
r
39.4
r
40.9
399
r
38.2
'395
22
'382
'373
'40 1
385
'39.4
398
39.4
'409
'400
'38.5
'396
'22
'384
'376
'403
'38 8
39.4
'397
'39.4
'413
'401
38.6
'39 6
22
'385
'374
'405
'388
'39.4
398
'39.6
'409
40 1
'38.2
394
22
382
'378
'402
'386
39.2
'394
39.3
'406
'40 0
38.6
'39 1
21
'384
'37 5
402
37 s
'38.9
'392
'39.0
'40 1
'399
'38.6
'39 2
'21
'381
37 5
402
'38 2
'39.0
'393
'39.2
'404
'396
'39.0
'393
21
'387
37 6
402
'38 3
'39.2
'393
'39.3
'409
'39 4
'39.1
'393
'22
'388
'37 8
'40 1
'38 8
'39.2
393
'39.4
'40 1
'39 7
'39.0
'40 1
'22
'405
'38 6
'41 4
38 9
'39.9
'396
39.9
'416
'40 4
'38.7
'39 7
'23
'395
'37 9
'405
'39 1
'39.6
394
'39.5
'412
'39 7
'37.7
'399
'25
'395
38 3
'406
39 4
'39.7
'397
39.8
'417
'40 0
'39.0
'40 5
'28
400
'39 3
'41 1
'399
'40.5
'402
'40.4
'423
'40 5
'38.9
P
38.4
25
39.4
37.8
375
34.7
384
26
39.4
36.6
r
374
34.7
385
25
39.4
37.2
'377
'34.9
'385
25
'39.4
38.4
'377
35.1
'385
'25
'39.4
36.8
377
'35.1
385
'25
'39.2
38 1
'38 1
35.0
386
26
39.4
397
38 1
'35.1
385
26
'39.5
390
'383
'35.1
'386
25
39.4
380
'388
'35.0
'386
25
'39.1
379
'389
'35.1
'39 1
'26
'39.3
365
'397
'36.6
385
'26
'39.0
34 1
'390
'35.2
'390
'2 7
39.2
'363
39 6
'35.6
394
30
'39.6
'362
'40 6
'36.1
P
393
P
29
P
39.2
P
36 1
P
40 5
P
41.8
37 1
40.9
439
39.6
35.6
r
42.0
r
418
'370
'409
'438
'39.5
'357
'419
'370
'409
'44 0
'39.7
'358
419
370
'408
'434
'40.1
'360
41 7
'369
409
'44 0
'39.8
360
'416
370
'410
'44 2
'39.7
357
41 7
'37 1
408
'438
'39.3
'354
'41 7
37 1
'407
'44 1
'39.6
'35.8
'41 7
37 1
409
44 4
'40.4
358
'418
'375
'410
'44 5
'40.1
'363
'414
37 1
410
'44 4
'39.7
349
'42 1
37 4
412
'44 9
'40.6
'360
'423
37 7
'415
'43 5
'40.9
370
P
425
P
374
P
417
P
39.4
32.2
385
30.1
36.3
326
39.0
31.9
384
29.9
36.2
326
r
39.1
r
319
r
384
r
29.9
36.2
'326
'39.1
320
'384
300
36.3
32 7
'391
319
'384
'299
36.1
'326
'38.9
'320
385
299
36.2
326
'392
'320
385
299
36.3
326
388
'319
38 4
'299
36.1
32 8
388
319
'38 4
299
36.2
32 6
'389
318
38 4
298
36.2
326
'386
32 1
38 4
'30 1
36.3
'326
'386
'319
'38 5
'299
36.5
'329
'386
'314
38 2
'293
36.1
32 5
'388
'317
'38 4
'297
36.0
32 7
'389
'317
38 5
'296
36.0
32 7
Seasonally Adjusted
Employee-hours, wage & salary workers in nonagric. establish, for 1 week in the month,
seas adj. at annual rate
bil hours
Total private sector
do
Mining
do....
Construction
do
Manufacturing .
do
Transportation and public utilities
do....
Wholesale and retail trade
do....
Finance, insurance, and real estate
do....
Services
do....
Government
..
. . do
16992
13900
2.58
801
4164
10.57
34.54
10.01
31.65
3091
16595
13533
2.49
747
3833
10.28
34.32
10.09
32.35
3062
167 12
13587
265
753
3881
1036
34.26
10.05
32.21
3125
16788
13668
2.58
775
3894
10.37
34.60
10.14
32.29
3120
16640
135 67
251
749
3868
1034
34.32
10.09
3224
3073
16604
135 64
245
756
3847
1027
34.48
10.09
3233
3040
165 50
135 03
238
747
38 12
1022
34.38
10 12
3233
3047
16548
134 76
234
730
37 71
10 16
34.45
10.13
3266
3072
164 27
133 58
229
730
37 24
10 13
34.13
10.08
3241
3069
163 32
133 19
226
731
36 95
1009
33.95
10.10
3253
30 13
164 13
133 26
226
728
36 74
1008
34.04
10.16
3269
3087
165 80
134 77
230
798
37 26
993
34.22
1020
3289
3103
163 89 '164 40 '165 92 "16741
37
13287 '133 56 '134 49 "136
P
'220
222
2 17
'2 18
P
757
730
'724
'7 12
37 09 '37 43 '37 93 "38 34
989 1002 1009 "10 13
33.59 '33.66 '33.63 PP34.18
10.30
10.10
10.10
10 15
3274 '3304 '3326 PP3363
31 02 '3084
31 04
'31 43
Indexes of employee-hours (aggregate weekly): fl
Private nonagric payrolls total
1977 — 100
Goods-producing
do....
Mining . .
do
Construction
do....
Manufacturing
do
Durable goods
do
Nondurable goods
do....
Service-producing . . .
do
Transportation and public utilities
do....
Wholesale and retail trade
do
Wholesale trade
do....
Retail trade
do
Finance, insurance, and real estate
do....
Services
do....
108 1
101.1
1370
109.1
r
979
98.0
97.6
1119
105.5
1063
111.7
1042
117.2
119.6
1044
r
91.0
1322
100.0
873
r
84.8
r
90.9
1118
102.3
1048
108.9
1032
116.9
122.1
1052
r
93.2
1437
100.8
r
894
878
r
91.7
1118
103.5
1046
109.3
1028
116.6
121.9
1056
'93.5
1388
104.5
892
'876
'91.6
1123
103.3
1056
109.8
1040
117.6
122.2
1050
'92.1
'1328
101.1
'885
'866
'91.2
112 1
103.0
1052
109.5
1036
117.0
122.3
1048
'917
1296
101.9
'879
'860
'90.7
112 1
102.2
1055
109.4
'104 0
117.0
122.1
1042
'90.2
1257
100.5
'866
'839
'90.5
1119
102.1
1052
108.8
1038
116.8
122.1
1039
'88.9
1228
'98.2
'856
'820
'90.8
1122
101.2
105 1
108.4
1038
117.0
123.3
1029
'874
1190
'97.0
'840
'799
'90.1
111 5
100.6
1043
107.7
1030
116.7
122.5
1025
'868
1175
'97.2
833
'790
'89.7
1113
100.7
1035
107.2
102 1
116.8
122.8
1026
'86.5
1165
'96.5
83 1
'788
'89.5
1115
100.5
1040
106.7
1030
117.2
122.9
'104 1
'90.0
1184
106.2
855
'814
'91.7
1119
'98.7
1043
106.8
1034
117.8
124.1
1022
'87.2
1116
'94.7
84 1
'804
'89.6
1105
'98.0
102 1
105.5
1008
116.4
122.5
AVERAGE HOURS PER WEEK f
Seasonally Adjusted
Avg. weekly hours per worker on private nonagric.
payrolls: fl Not seasonally adjusted
hours..
Seasonally adjusted. . . . . .
do
Mining $
do
Construction $
do
Manufacturing:
Not seasonally adjusted
do....
Seasonally adjusted
do.
Overtime hours
do
Durable goods. . . . .
Overtime hours
Lumber and wood products
Furniture and
fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Transportation equipment
Instruments and related products
Miscellaneous manufacturing $
do
do.
do....
do
do....
do
do....
do....
do....
do....
do
do....
402
28
38.7
384
40.6
405
40.3
40.9
r
40.0
40.9
404
38.8
Nondurable goods
Overtime hours
Food and kindred products
Tobacco manufactures $
Textile mill products
Apparel and other textile products
do....
do
do....
do....
do
do....
39.1
28
39.7
38.8
396
35.7
do....
do
do. ..
do
do....
do....
42.5
373
41.6
432
40.3
r
36.7
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee $
Leather and leather products
Transportation and public utilities
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate $
Services
do....
do....
do
do....
do....
do
r
r
r
r
372
407
438
'39.6
r
35.7
r
"35.0
D
35 1
P
42 1
P
37 6
"39.9
400
P
27
P
404
P
26
"400
P
39
3
P
41 4
P
402
"40.4
"400
"40.5
P
416
P
40 5
'38.8
36.1
43 5
'40.8
367
P
'389
320
"38
7
P
300
P
36.4
P
329
P
AGGREGATE EMPLOYEE-HOURS t
See footnotes at end of tables.
103 1
'878
1107
'94.3
'854
'816
'91.0
1116
'99.1
1039
106.1
1030
116.4
123.9
'103 9
'89.6
1098
'96.3
'874
'838
'92.7
1118
'99.7
1034
106.4
1023
117.4
124.7
P
1052
"90.8
"111 7
"100.2
"879
"84.7
"92.8
"1132
"99.9
"1048
"107.2
"1039
"118.9
"126.4
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
1981
1982
June 1983
1982
Apr.
Annual
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HOURLY AND WEEKLY EARNINGS t
Average hourly earnings per worker: fl
Not seasonally adjusted:
Private nonagric payrolls
dollars..
Mining
do
Construction
.
.
do....
Manufacturing
do....
Excluding overtime
do .
Durable goods
do....
Excluding overtime
do
Lumber and wood products
do....
Furniture and fixtures
do....
Stone, clay, and glass products
do....
Primary metal industries
do....
Fabricated metal products
do
Machinery, except electrical
do....
Electric and electronic equipment .... do....
Transportation equipment
do....
Instruments and related products .... do....
Miscellaneous manufacturing
do....
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....
Seasonally adjusted:
Private nonagricultural payrolls
dollars
Mining
do....
Construction
do
Manufacturing
do.
Transportation and public utilities
do....
Wholesale and retail trade
do
Finance, insurance, and real estate
do....
Services
do....
Indexes of avg. hourly earnings, seas, adj.: U
Private nonfarm economy:
Current dollars
1977—100..
1977 dollars $
do....
Mining
do....
Construction
do....
Manufacturing
do
Transportation and public utilities
do....
Wholesale and retail trade
do.
Finance, insurance, and real estate
do....
Services
do....
Hourly wages, not seasonally adjusted:
Construction wages, 20 cities (ENR): §
Common labor
$ per hr..
Skilled labor
. .
do....
Farm (U.S.) wage rates, hired workers, by
method of pay:
All workers including piece-rate
$ per hr..
All workers other than piece-rate
• do
Workers receiving cash wages only
do
Workers paid per hour, cash wages only.... do....
Railroad wages (average class I)
do...
Avg. weekly earnings per worker,
private nonfarm: fl
Current dollars seasonally adjusted
1977 dollars, seasonally adjusted J
Spendable earnings (worker with 3 dependents):
Current dollars seasonally adjusted
1977 dollars, seasonally adjusted $
Current dollars, not seasonally adjusted:
Private nonfarm total
dollars
Mining
do....
Construction
do
Manufacturing
do...
Durable goods
do
Nondurable goods
do....
Transportation and public utilities
do....
Wholesale and retail trade
do
Wholesale trade ...
.
do.
Retail trade
do....
Finance, insurance, and real estate
do....
Services
do....
HELP- WANTED ADVERTISING
Seasonally adjusted index
1967=100..
See footnotes at end of tables.
7.25
!004
10.82
7.99
772
r
8.54
825
r
6.99
5.91
8.27
10.81
r
8 19
8.81
7.62
10.39
r
7.42
r
5.97
7 18
r
6.94
r
7.44
8.88
5.52
r
4.97
860
r
8.19
9.12
11.38
r
7.17
4.99
9.70
r
5.92
r
7.56
525
6.31
6.41
7.67
1078
11.62
8.50
825
r
9.06
881
r
7.46
r
6.31
r
8.86
11.33
878
r
9.29
r
8.21
11.12
r
8.10
r
6.43
773
7.49
7.89
9.78
5.83
r
5.20
9.32
r
8.75
r
9.96
12.46
r
7.65
r
5.32
10.30
r
6.21
r
8.02
r
547
6.78
r
6.90
7.58
1061
11.37
8.42
r
820
r
8.95
r
873
r
7.21
r
6.20
8.72
11.23
869
r
9.25
r
8.07
10.90
r
7.97
r
6.36
r
766
7.43
r
7.92
10.06
5.79
r
5.20
911
r
8.60
r
9.79
12.51
r
7.54
5.32
10.14
r
6.16
r
7.94
r
543
6.64
6.81
r
7.64
1063
1151
r
8.46
822
r
9.02
r
878
r
7.36
r
6.22
r
8.79
11.22
r
878
r
9.27
'8.10
11.09
r
8.01
r
6.39
766
7.43
r
7.93
9.93
5.79
r
5.18
9 14
r
8.62
T
9.81
12.52
r
7.57
5.32
10.17
r
6.19
r
7.99
r
546
'6.76
6.85
7.64
1078
1147
8.50
825
r
9.07
881
r
754
r
6.29
r
8.85
11.30
r
882
r
9.29
r
8.14
11.21
r
8.08
r
6.42
770
7.46
r
7.91
10.36
r
5.80
r
5.20
r
927
r
8.68
r
9.94
12.53
r
7.66
r
5.35
10.20
r
6.18
r
7.96
r
546
6.71
6.84
T
7.68
1086
1159
8.55
831
r
9.12
887
r
759
r
6.33
8.93
11.36
885
r
9.32
r
8.23
11.25
r
8.13
r
6.41
111
r
7.52
7.88
10.42
5.81
r
5.19
941
r
8.75
10.00
12.42
r
7.67
r
5.29
10.29
r
6.20
r
8.03
T
547
r
6.77
6.87
770
1088
1166
8.51
826
9.09
r
885
r
756
r
6.37
r
8.92
11.48
885
r
9.34
r
8.30
11.17
r
8.17
r
6.40
774
7.48
r
7.86
r
9.51
r
5.83
r
5.20
9.45
r
8.81
10.01
12.42
r
7.66
5.33
10.42
r
6.20
r
8.07
r
546
r
6.86
6.90
7.76
1099
11.74
8.59
833
r
9.17
r
892
r
7.65
r
6.40
9.03
11.54
890
r
9.41
r
8.37
11.24
r
8.24
r
6.50
784
7.56
7.91
r
9.55
5.86
r
5.23
9.63
r
8.91
10.19
12.61
r
7.78
5.41
10.46
r
6.24
r
8.10
r
5.50
6.90
6.99
7.79
1096
11.88
8.56
831
9.13
r
890
r
7.57
r
6.40
r
9.03
11.41
885
r
9.36
r
8.41
11.29
r
8.26
6.50
r
780
7.55
7.88
9.50
r
5.88
r
5.21
r
9.53
r
8.89
10.22
12.57
'7.74
5.39
10.48
r
6.27
r
8.13
r
5.53
6.97
r
7.04
7.81
1101
11.72
8.61
836
9.17
892
r
7.59
r
6.43
9.04
11.49
890
r
9.38
r
8.45
11.34
r
8.31
6.56
7.88
7.62
8.00
10.16
5.92
r
5.24
9.60
r
8.92
10.26
12.68
'7.81
5.41
10.59
r
6.30
r
8.14
r
5.56
r
7.00
7.08
7.82
1103
1196
r
8.68
842
r
9.24
897
r
7.55
r
6.46
9.08
11.49
r
896
r
9.43
r
8.51
11.43
r
8.38
r
6.67
r
7.95
r
7.69
8.06
9.63
r
6.04
r
5.28
r
9.65
r
9.00
10.32
12.71
r
7.91
5.44
10.62
r
6.27
r
8.20
r
5.54
7.01
7.12
7.90
1121
11 95
8.71
T
846
9.26
902
r
7.68
r
6.49
r
9.10
11.56
898
r
9.40
'8.53
11.40
r
8.42
'6.72
r
7.97
r
7.72
'8.09
9.87
6.08
r
5.33
r
9.65
r
8.97
10.34
13.16
'7.91
'5.50
10.69
r
6.42
r
8.31
r
5.65
'7.19
r
7.18
7.92
1125
1200
8.75
850
9.31
906
r
7.72
'6.50
r
9.10
11.53
r
904
'9.44
r
8.56
11.49
r
8.48
6.73
r
799
7.75
r
8.11
r
9.96
6.10
'5.33
r
9.65
r
8.99
10.41
13.25
r
7.91
'5.50
10.72
r
6.45
r
8.28
r
5.69
r
7.22
7.19
790
11 19
1195
r
8.74
r
847
r
9.29
902
r
7.68
6.51
r
9.13
11.24
905
r
9.46
r
8.60
11.49
'8.47
r
6.75
r
800
r
7.74
'8.16
10.43
6.11
'5.33
r
9.67
r
9.03
10.39
13.28
'7.92
'5.52
10.68
'6.43
r
8.27
568
'7.19
r
7.17
P
793
798
1126 pP ll 28
1190
1185
r
P
8.77
8.78
r
P
848
849
P
9.31
9.33
P
902
904
P
•773
779
P
'6.52
6.52
r
P
9.16 P 9.23
11.24
11.29
P
908
908
r
P
9.48
9.55
r
8.60 P P8.59
11.53
11.52
r
P
8.46
8.47
r
P
6.76
6.81
r
P
803
803
r
P
7.76
7.75
'8.20 p P8.16
10.61
10.66
r
P
6.14
6.15
r
P
5.35
5.34
r
P
9.73
9.78
9.04
"9.06
10.43
"10.52
P
13.27
13.23
r
P
7.95
7.92
5.52 P P5.52
10.71
.
10.72
P
r
6.47
6.45
r
P
8.34
8.39
P
569
571
P
'7.23
7.32
r
7.20
"7.23
725
!0.04
1082
7.99
9.70
r
592
6.31
6.41
7.67
10.78
1162
8.50
10.30
r
621
6.78
r
6.90
7.59
10.61
1148
r
8.43
10.18
r
6 14
6.64
6.80
7.65
10.63
1157
r
8.47
10.24
r
618
r
6.76
6.85
767
10.78
1157
r
8.51
10.29
r
620
6.71
r
6.89
r
770
10.86
1163
r
8.54
10.31
623
r
6.77
r
6.95
r
773
10.88
1165
r
8.56
10.38
r
624
r
6.86
r
6.98
r
7.73
10.99
11.66
r
8.57
10.39
r
6.24
6.90
r
7.00
r
7.76
10.96
11.77
r
8.58
10.45
r
6.29
6.97
r
7.03
r
7.78
11.01
11.71
8.61
10.51
r
6.32
r
7.00
7.04
7.82
11.03
11.88
r
8.63
10.58
r
6.33
r
7.01
r
7.09
r
7.88
11.21
11.86
r
8.68
10.66
r
6.35
r
7.19
r
7.11
r
7.91
11.25
12.00
8.76
10.70
r
6.39
r
7.22
r
7.14
r
7.91
11.19
12.00
8.75
10.77
r
6.40
r
7.19
r
7.15
r
7.95
11.26
1202
r
8.78
10.75
r
6.43
r
7.23
'7.19
P
7.99
P
11.28
P
1191
P
8.79
P
138.9
r
92.6
148.2
132.0
1419
139.4
1380
138.1
137.3
148.3
r
93.3
159.0
141.1
1525
148.6
145.0
148.3
147.6
146.4
r
93.8
156.1
139.4
1509
146.5
143.6
145.3
145.3
147.5
93.5
156.5
140.4
1518
147.5
1446
147.8
146.4
148.0
r
92.8
159.2
140.5
1525
148.5
1446
146.8
1474
148.8
92.8
160.9
141.2
1533
148.8
145.2
148.2
1485
149.6
r
93.0
161.0
141.4
154 1
149.9
145.8
150.0
149.4
150.0
r
93.1
162.8
141.6
154.6
150.1
146.2
150.6
149.8
150.7
r
93.1
162.1
142.9
154.7
151.1
147.1
152.0
150.5
151.1
r
93.4
162.9
141.9
155.3
152.2
147.5
152.6
150.7
151.9
r
94.1
163.0
144.0
155.8
153.1
148.1
153.0
152.0
152.7
r
94.7
164.7
144.0
156.5
154.4
148.9
156.7
152.2
153.4
95.3
165.1
145.6
157.3
155.2
149.3
157.4
152.4
153.4
95.0
164.0
145.5
157.1
155.9
149.6
156.6
152.6
153.9
94.8
165.5
145.9
1570
155.7
150.5
157.4
153.8
P
154.7
r
94.8
P
166.1
P
145.2
P
157.6
P
156.3
P
151.4
P
159.5
P
14.92
1946
P
14.92
P
r
r
12.92
16.78
14.28
1856
13.85
18.07
14.15
1839
14.15
1840
14.45
1870
14.56
1898
14.64
18.99
14.64
19.01
14.69
19.10
14.77
19.26
14.86
19.34
14.92
19.46
14.92
1946
10.64
1151
1122
1129
1129
1154
1155
11.59
11.64
12.07
12.17
12.53
12.79
1248
255 20
170.13
26692
167.87
26489
169.69
26775
169.78
r
26768 r268 73 r269 00 r269 00 r269 27 r269 97
16793 167 54 167 18 166.98 166.32 166.96
10.80
"6.46
P
7.32
P
7.24
155.2
1949
27214 r276 59 r272 90 r275 27 r277 46 P280 45
168.61 171.57 169.61 170.45 170.85 171 84
22057
147.05
25520
r
438.75
r
39926
318.00
r
343 31
280.74
382.18
190
62
r
291 06
158.03
229.05
208.97
119
26692 rr263 03 rr265 87 r 26740 rr270 34 r 271 04 r 27005 r 270 31
23 454 11 453 90 461 38 461 55 461 31 461 58 459 22
426 45 r416 14 rr431 63 r430 13 r440 42 r438 42 r433 21 r440 75
33065
32585 329 94 33405 33260 33189 334 15 33384
r
356 06 rr350 84 r356 29 r360 99 r357 50 35633 r357 63 r357 90
296.83
291.08
294.14 297.99 299.15 299.54 304.19 301.08
r
401.70 r394.45 r395.61 '400.86 r 403.37 rr410.55 r 405.85 406.62
198
10
194
66
197
46 198 38 202 12 201 50 200 30 199 39
r
307 97 r303 31 '306 02 r306 46 r310 76 r311 50 r311 04 r313 01
163.55 160 73 162
71 164 35 167 93 167 62 165 55 164 79
245.44 240.37 r245.39 242.23 r245.07 '249.02 249.09 252.31
r
224 94 22133 22263 22435 22740 22770 22857 r228 80
r
459
r
86
88
87
85
83
78
73
76
271 01 rr273 70 r 27334 r 27086 r 274 13
465 47 476 43 464 63 467 74
423 09 rr440 13 r440 96 rr424 80 rr434 98
33837 r344 60 341 43 339 50 r346 10
363 13 371 45 36762 36681 r372 53
r
305.74 rr310.85 '307.64 '305.22
311.20
413.01 r4 16.30 r 409.43 r411.65 rr413.32
199
71
203
15
201
59
199
31
201 90
r
313 39 r317 34 r318 27 r313 81 r316 74
164
58
168
97
164
98
163
30
166
42
r
r
253.40 r 254.46 '262.44
260.64 '258.84
23010 232 11 r234 79 23296 r233 74
r
458 02
r
78
83
83
83
83
r
275 17
'46842
r
436 73
r
349 05
375 19
r
313.97
r
414.48
r
203 18
r
319 42
r
!67 29
'260.28
r
234 72
P
279 30
P
474 89
P
445 56
P
350 32
P
377 87
P
314.78
P
414.86
P
205
75
P
323 85
P
170
16
P
266.45
P
'81
88
236 42
S-13
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
1981
1983
1982
Apr.
Annual
June
May
July
Aug.
Sept.
Nov.
Oct.
Jan.
Dec.
Feb.
Apr.
Mar.
May
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
WORK STOPPAGES H
Work stoppages involving 1,000 or more workers:
Number of stoppages:
Beginning in month or year
number
Workers involved in stoppages:
Beginning in month or year
thous
Days idle during month or year
do....
r
145
14
r
3
1
0
1
5
4
2
7
38
r
905
2
r
805
0
764
1
795
14
844
9
1,127
3
790
18
437
4,282
4391
4,635
5,074
5,459
5,437
5,134
2344
3,712
2443
3,828
2,661
4,156
3,080
4,581
3 143
4,923
2,065
4,759
2,075
4,401
44
4.7
3,414
17473
42
50
3,306
17113
44
53
3,282
16473
29
27
26
28
11
8
6
2.9
14
65
31.1
9
14
656
r
9,061
'60
r
533
43
r
658
43
r
907
38
r
845
19
r
754
390
r
2,089
3,410
4,590
4760
4387
4328
4,495
4,398
23 939
3,048
30298
4,057
2347
4,067
1989
3,729
2399
3,707
2658
3,912
2,358
3,831
43
43
47
46
3,257
3,329
15734 16922
45
4.5
3,332
1682 1
729
16,908
96
r
15
18
13
r
r
r
r
UNEMPLOYMENT INSURANCE
Unemployment insurance programs:
Insured unemployment, all programs, average
weekly # @
thous..
State programs (excl. extended duration prov.):
Initial claims
thous..
Insured unemployment, avg. weekly
do....
Percent of covered employment: @ @
Unadjusted
Seasonally adjusted
Beneficiaries, average weekly
thous...
Benefits paid @
mil $
Federal employees, insured unemployment,
average weekly
thous..
Veterans' program (UCX):
Initial claims
do. .
Insured unemployment, avg. weekly
do....
Beneficiaries average weekly
do. .
Benefits paid
mil. $..
Railroad program:
Applications
thous..
Insured unemployment avg weekly
do
Benefits oaid
mil. $..
2
35
46
2,614
2
13 257 8
3,558
21 482 8
46
46
3,672
18499
32
32
33
29
193
41
41
2
280.7
136
11
9
55.3
9
10
8
4.0
8
9
7
3.4
10
8
7
3.3
10
7
6
2.8
11
7
5
2.8
184
40
210.8
244
62
338.7
5
52
26.3
5
43
19.1
36
41
18.6
70
54
18.0
20
59
27.0
2
28
47
52
5.0
5.3
3,448
3,886
18200 2 1353
56
55
50
45
45
4.5
4,341
4,222
4,157
2 1966 20446 23213
31
33
35
33
31
10
9
7
3.4
17
14
8
4.0
24
26
20
11.2
21
37
31
16.5
16
37
34
17.4
18
34
32
18.8
20
73
31.6
17
78
35.1
17
81
39.5
20
95
44.5
7
76
33.1
8
68
36.2
FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers' acceptances
mil $
Commercial and financial co. paper, total
do....
Financial companies
do....
Dealer placed
.
.
do
Directly placed
do
Nonfinancial companies
do
69226
161,114
111,908
30357
81551
49206
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total end of period
mil $
Farm mortgage loans:
Federal land banks
do
Loans to cooperatives
do....
Other loans and discounts
do
78206
80408
80695
80972
81415
81659
81564
81566
81352
80766
80408
80202
80,356
80,856
81,022
46463
9,124
22619
50375
8,423
21609
48425
9,758
22512
48838
9,260
22874
49289
8670
23456
49582
8,355
23722
49845
8,034
23685
50006
8,078
23464
50160
8,288
22904
50292
8,477
21998
50375
8,423
21609
50364
8,882
20955
50429
9,102
20825
50569
9,341
20946
50,687
9,259
21076
Federal Reserve banks, condition, end of period:
Assets total #
mil $..
176 778
190,128 182 959 173 574 173 810 177,673 180 258 180,647 186 454 187 494 190,128 176,424 183,117 182,445 189,421 185,011
Reserve bank credit outstanding, total # .. do....
Time loans
do....
U.S. Government securities
do....
Gold certificate account
do....
143,906
1,601
130,954
11,151
71 128 71601 71765 72559 72709 73818 75811 77 125
172,697 176,937 180,015 180,878 174,094 171,627 170,365 166,941
113,943 117,918 121,083 122,885 117,202 115,216 115,530 115,650
32723 34336 35446 36983 36657 35584 35893 36 147
83 995 81220 83582 85637 85902 80545 79632 79637 79503
43690 58754 59019 58*932 57993 56892 56411 54835 51291
79543
3
162,386
3
118,696
3
34 701
3
77529 73706
167,359 169,257 166,617 169,976
120,681 122,345 121,117 123,903
36780 38392 36529 36,984
83 995 83901 83953 84588 86919
43690 46678 46912 45500 46,073
79543
3
162,386
3
118,696
3
34 701
3
do ...
176,778
153,769 148,335 141,249 140,244 143,812 144,502 146,838 142,629 149,394 153,769 142,656 142,975 148,860 151,134 152,198
1,260
848
2,808
1,155
717
354
438
374
1,123
449
458
1,638
1,058
717
1,799
139,312 134,257 129,407 127,005 132,640 132,858 134,393 132,080 137,676 139,312 132,368 135,561 136,651 141,550 141,180
11,148 11,149 11,149 11 149 11 149 11,148 11,148 11,148 11,148 11,148 11,144 11,139 11,138 11,135 11,132
190,128 182,959 173,574 173 810 177 673 180,258 180,647 186,454 187,494 190,128 176,424 183,117 182,445 189,421 185,011
do....
do....
do....
30,816
25,228
131,906
34,334 38,357 26834 25325 29893 29,076 32,095 36,638 29,884 34,334 26,275 29,160 28,100 32,321 26,054
26,489 24,702 23,463 20,198 24,974 24,993 20,318 24,678 26,533 26,489 22,683 22,468 23,419 23,193 20,567
141,990 130,189 132,619 134,228 134,115 135,374 135,197 136,048 139,989 141,990 137,667 139,060 141,497 142,497 145,783
All member banks of Federal Reserve System,
averages of daily figures:
Reserves held, total
mil. $..
Required
.
do
Excess
do....
Borrowings from Federal Reserve banks
do....
Free reserves
.
do
'41,918
1
41 606
'312
'642
'-277
'41,853
Ml 353
'500
*697
1
-164
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:
Deposits:
Demand, adjusted §
mil. $..
108,595
93,899 95,162 102,251 97,253 102,733 96,774
189 652 157817 179 348 178 400 158 754 182 441 164 559
139,364 120,374 133,664 133,059 120,177 136,241 124,088
4,488
4,586
4,843
4,514
5,706
5,487
4,633
899
1575
1767
1874
1 148 2327
2958
23613 16,142 23,720 20,459 17,299 20,735 17,939
406 773 373 295 380 789 384 708 392 964 401 138 401 322
Liabilities total #
Deposits, total
Member-bank reserve balances
Federal Reserve notes in circulation
Demand total $
Individuals, partnerships, and corp
State and local governments
U S Government
Domestic commercial banks
do
do....
do....
do
do....
Time total #
do
Individuals, partnerships, and corp.:
Savings
...
. . do .
Other time
do....
187 518
140,376
5,235
2 148
21,896
362 502
109,585
39,558
39284
274
1,581
-1 140
39,552
39192
360
1,105
-508
39,567
39257
310
1,205
-656
39,864
39573
291
669
-153
40,177
39866
311
510
-80
39,963
39579
384
976
-490
r
38,650
r
38,174
r
476
r
993
r
38,204
37,840
364
907
-445
104,673 107,467 109,585 103,892 105,018 103,300 102,186
187 996 190 848 189 652 173,523 182,699 173,389 170,795
139,931 143,159 139,364 131,271 136,570 130,202 129,353
4,863
4,439
5,533
5,487
5,722
5,391
5,238
3,477
2,580
2,095
1767
1213
3014
1064
22,492 23,374 23,613 19,964 20,790 18,668 17,587
403 346 400 640 406 773 416,773 415,929 415,145 409,948
105,580
201,731
150,310
5,482
1,134
25,867
40,587
40183
404
455
35
41,199
40797
402
579
-130
41,853
41,353
500
697
-164
41,862
41,316
546
500
79
r
39,797
39,362
r
435
557
r
-83
38,039
37,602
437
850
-360
-435
110,640 147,742 159,156 164,469 166,832
258,127 233,046 221,957 216,971 211,054
505,603 507,196 507,802 503,066 499,741
216,860 218,565 218,288 216,608 214,650
11,223
9,758 11,151 10,811 10,010
26,926 26,361 26,561 26,581 25,301
132,336 133,935 134,163 134,568 134,009
155,314 155,643 157,475 147,288 151,140
411,392
174,817
207,808
Loans (adjusted), total §
Commercial and industrial
For purchasing or carrying securities
To nonbank financial institutions
Real estate loans
Other loans
do....
do
do....
do....
do
do....
470,988
195 499
10,756
26,729
124 444
146,367
110 640 78782 80,675 79522 78780 80857 79,876 85,214 85764
258,127 257,446 262,910 269,310 276,169 280,507 281,554 278,990 276,282
505,603 479,074 485,664 490,410 487,857 495,076 499,214 503,444 503,395
216 860 204 727 209 013 212 198 210 394 212 637 217,148 216,754 216 892
8,685
9,056
11,223
7,483
9,421 10,257 10,495 12,207 11,627
26,926 28,114 27,725 27,655 27,389 28,134 27,036 27,312 27,017
132 336 128 364 128 931 129 614 129 964 130 883 131 702 131 706 131,954
155,314 138,466 143,459 144,084 143 136 151,432 148,459 154,587 152,179
Investments total
U.S. Government securities, total
Investment account *
Other securities
do....
do....
do....
do....
116,905
36,819
30,872
80.086
125,863 115,561 117,335 115,205 115,192 115,619 116,464 122,277 122,219 125,863 131,837 131,316 129,975 135,147 137,979
44,586 36,882 36,821 36,941 37,542 36,996 37,798 42,270 44,152 44,586 48,816 49,391 49,098 50,996 54,352
36,730 29,431 29,054 29,088 28,841 30,044 30,695 33,043 34,740 36,730 38,677 40,047 40,587 41,118 43,885
81.277 78.679 80.514 78.264 77.650 78.623 78,666 80.007 78.067 81.277 83,021 81,925 80,877 84,151 83,627
See footnotes at end of tables.
76971
250,511
505,058
214,426
12,084
26,005
134,358
159,109
S-14
SURVEY OF CURRENT BUSINESS
1982
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
Apr.
Annual
June 1983
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
14502
151.0
2428
1,056.3
14609
1579
2434
1,059.6
May
FINANCE—Continued
BANKING—Continued
Commercial bank credit, seas, adj.:
Total loans and securities
fl
U.S Treasury securities
Other securities
Total loans and leases
fl
Money and interest rates:
Discount rate (N.Y.F.R. Bank) @@
bil $
do. ..
do
do....
13163
1110
2314
973.9
14121
130.9
2391
1,042.0
13525
116.6
2340
1,002.0
13620
116.3
2349
1,010.8
11.02
13.56
13688
115.8
2359
1,017.1
13761
116.5
2359
1,023.7
13894 13975 13985 1412 1
130.9
118.2
122.3
126.4
1178
2376
2372
2358
2391
237 1
1,028.3 1,033.5 1,038.1 1,036.4 1,042.0
1383 1
14282 14365
139.8
144.5
2433
2432
1,045.1 1,048.8
12.00
12.00
12.00
11.81
9.68
9.35
8.73
8.50
8.50
8.50
8.50
2
14.14
13.93
13.73
13.63
10.68
13.43
10.00
2
13.21
12.90
12.48
12.14
11.58
11.11
10.83
10.51
2
14.13
2
2
14.49
2
15.13
15.39
15.11
15.57
14.74
15.02
15.01
14.96
15.05
15.03
14.34
14.71
13.86
14.37
13.26
13.74
13.10
13.44
13.00
13.04
12.62
12.88
12.97
12.61
12.02
12.42
12.21
12.36
4
1532
3
14.76
3
3
1189
3
11.89
3
11.20
1395
13.64
13.09
1329
13.02
12.61
1400
13.79
12.69
1290
13.00
12.15
1034
10.80
9.93
1040
10.86
9.63
924
9.21
8.60
876
8.72
8.42
854
8.50
8.20
8 19
8.15
7.97
836
8.39
8.26
854
8.48
8.35
849
8.48
8.41
836
8.31
8.15
10.686
12.821
12.148
12.108
11.914
9.006
8.196
7.750
8.042
8.013
7.810
8.130
8.304
8.252
8.185
344 901
331,805
28881
27,213
28871
27445
31655
28,711
27881
26,896
30 138
28453
29554
27,056
27929
28,926
31423
29,522
34567
28,143
do....
28765
29517
30034
27982
28024
28619
28650
31691
30777
do .
do
do
do....
13 153
5350
2928
4,511
13206
6027
2828
4,593
13819
5781
2889
4,626
12958
4646
2737
4,740
12984
4580
2916
4,470
13219
4841
3047
4,621
13754
4533
2963
4,457
14806
6099
3434
4,444
14236
5861
3295
4,446
do .
do
do.. .
do....
7987
12487
533
8364
13367
498
28011
7376
12658
507
27 143
7 162
12728
615
7488
12705
522
8041
12614
543
10 177
12778
486
9716
12491
473
27 142
8471
12775
501
27673
27768
27,363
28781
29676
28359
do..
do
do
do
12473
4719
2818
4457
12708
5000
2877
4406
13373
4714
2810
4429
12671
4 494
2784
4494
13005
4772
2*759
4513
12531
4735
2792
4552
13681
4905
2925
4524
14349
5048
3022
4495
13 125
4837
3098
4537
do
do....
. do
7441
11,834
465
7378
12,024
405
7395
12,640
403
7339
12,100
399
7542
12,529
438
7 139
12,394
447
8 111
12,533
578
8643
12,739
463
8225
11,990
510
percent-
13.41
Federal intermediate credit bank loans
do....
Home mortgage rates (conventional 1st
mortgages):
New home purchase (U.S. avg.)
percentExisting home purchase (U.S. avg.)
do....
Open market rates, New York City:
Bankers' acceptances 90 days
do
Commercial paper, 6-month $
do....
Finance co. paper placed directly, 6-mo @ do....
14.20
14.78
14.51
13.73
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent..
3
3
14.077
8.50
6
10.20
CONSUMER INSTALLMENT CREDIT
Total extended and liquidated:
Unadjusted:
Extended
Liquidated
mil $
do....
Seasonally adjusted:
Extended, total #
By major holder:
Commercial banks
Finance companies
Credit unions
Retailers
By major credit type:
Automobile
Revolving
Mobile home
Liquidated, total #
By major holder:
Commercial banks
Finance companies
Credit unions
Retailers
By major credit type:
Automobile .
Revolving
Mobile home
.
....
Total outstanding, end of year or month #
do....
By major holder:
Commercial banks
do
Finance companies
do....
Credit unions
.
do
Retailers
do....
By major credit type:
Automobile
do.
Revolving
do
Mobile home
do..
FEDERAL GOVERNMENT FINANCE
Budget receipts and outlays:
Receipts (net)
mil $
Outlays (net)
do
Budget surplus or deficit (—)
do....
Budget financing total
do
Borrowing from the public
do
Reduction in cash balances
do...
Gross amount of debt outstanding
do....
Held by the public
do.
Budget receipts by source and outlays by agency:
Receipts (net), total
mil. $..
Individual income taxes (net)
do
Corporation income taxes (net)
do....
Social insurance taxes and contributions
(net)
mil. $..
Other
...
do
Outlays total #
. .
Agriculture Department
Defense Department, military
Health and Human Services
Department §
Treasury Department. .
National Aeronautics and Space Adm
Veterans Administration
.
344,798 327,933 329,358 332,303 333,285 334,971 337,469 336,473 338,372 344,798 343,151 340,343 342,568 344,748
147 622
89,818
45954
29,551
152 069 146 186 146 167 147 227 147 559 148 438 149 801 149 528 149 651 152 069 150 906 150 257 151 319 152 408
94,322 90674 91958 93,009 93353 93207 93,357 92,541 93,462 94,322 95080 93'859 94817 94675
47253 45450 45472 45882 45698 46 154 46846 46645 46832 47253 46946 46757 47081 47505
30,202 26537 26536 26,645 26710 26751 26,829 27,046 27639 30,202 28,859 27734 27,472 27455
125 331
62819
18373
130 227 125 693 126 838 128 143 128 110 128 051 128 865 128 375 129 299 130 227 129 482 129 055 130 959 131 976
67 184 58940 59111 59946 60556 61293 61845 61836 62362 67 184 65562 63372 63091 63521
18988 18352 18488 18603 18721 18918 19011 19043 19049 18988 19291 19374 19379 19*400
*599 272 '617 766 75777 36753 66353 44675 44924 59694 40539 42007
'657
204 '728 424 66073 55683 59629 64506 59628 61403 66708 66 166
1
9,704 -18,930
6,724 -19,831 -14,704 -1,708 -26,169 -24,158
-57,932 l-l 10,658
5
4575 26462 24845
57 932 5 127 989 -8711 21 424 -4457 20962 16751
179 329 1134 912
2527
3 187
3260 14 348 21 086 22 129
6228 25 923
'-21 397 '-6923 -11 238 18237 -7717
6614 -4335 -17 554 20234 -1078
1
1
1,003,941 1,146,987 1,070,734 1,076 798 1,084,658 1,094 628 1114214 1 146,987 1,147,713 1,166 569
J
794 434 '929 346 865 336 868 523 871 783 886 131 907 218 929 346 935 574 961 497
J
1
54498 57505 38816 43504 66234 33755
72436 67087 64 152 69540 69 542 63040
-17,938 -9,582 -25,336 -26,036 -3,308 -29,285
18 103
9916 25341 27296
4 447 30476
29895
6 419 17 919 31 303
2681 18 497
-11 792
3497
7422 -4007
1 766 11979
1 201,898 1,205 899 1 220 132 1 249,312 1 252 706 1 296 125
991 392 997 811 1 015 730 1 047 033 1 049 714 1068211
75,777
41672
7,342
36,753
9576
1202
66,353
32273
10,589
44,675
23987
601
44,924
20867
422
59,694
32592
6,146
40,539
20832
-461
42,007
22452
-680
54,498
24946
8,164
57,505 38,816
34 151 20544
1 164
-274
43,504
15658
4373
66,234
35040
4796
33,755
6384
302
182,720 '201,131
'69 499
'69 317
do
'657 204 '728 424
do.... '26,030 1 '36,213
do.... 456,035 182,850
21,593
5170
20,483
5493
14,874
5214
17,961
5674
15,608
5348
15,157
5010
14,902
5332
15,776
5613
17071
5 119
13797
4748
17939
5533
21481
4 918
22330
5 344
66073
2,484
16,013
55683
1,362
14,826
17,572
5918
59629
1,526
16,041
64506
2,668
16,329
59628
2,184
15,011
61403
3,026
16,447
66708
4,107
15,896
66 166
5,374
16,461
72436
7,499
17,615
67087
5,836
15,901
64 152
3,847
16,199
69540
3,084
18,453
69 542
4,626
17,115
63 040
2,503
16,888
mil. $.. '230,304 '251,268
do.
'92 633 410 521
do.... 1 '5,421
'6,026
do
22 904
'23 937
21,898
9641
464
3236
19883
8286
486
751
21,087
14090
497
1923
22499
8643
435
3097
21 168
9235
491
994
21,424
7 179
467
1924
22,200
9 149
482
1942
22,817
9076
632
2066
23,440
14327
524
3200
22 197
9248
468
834
22220
9512
494
2 061
23405
8014
672
2286
24 167
8 113
487
3 354
22234
9679
603
878
dol. oer trov oz..
See footnotes at end of tables.
331,697
617,766
'298 111
'49,207
GOLD AND SILVER:
Gold:
Monetary stock, U.S. (end of period)
mil. $..
Price at New York $$
dol. per troy oz..
Silver:
Price at New York t±
334 508
316,291
599,272
'285 917
'61,137
1
11,151
459.614
10.518
11,148 11,149 11,149 11,149 11,149 11,148 11,148 11,148 11,148 11,148 11,144 11,139 11,138 11,135 11,132
376.010 350.488 334.403 314.982 340.102 365.952 435.564 421.755 414.993 445.431 479.893 490.408 419.696 432.188 437.555
7.947
7.311
6.674
5.578
6.497
7.136
8.725
9.458
9.892
10.586
12.396
13.964
10.619
11.694
12.976
S-15
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
Apr.
Annual
1983
1982
1982
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
MONETARY STATISTICS
Currency in circulation (end of period)
bil. $..
145.6
Money stock measures and components (averages
of daily figures): t
Measures (not seasonally adjusted): $
Ml
bil $
M2
do....
M3
do
L (M3 plus other liquid assets)
do....
4300
1,716.6
20613
24913
Components (not seasonally adjusted):
Currency
Demand deposits
Other checkable deposits "{"1"
Overnight RP's and Eurodollars *
Money market mutual funds
Savings deposits
Small time deposits @
Large time deposits @
do
do....
do
do. .
do....
do. ..
do
do....
Measures (seasonally adjusted): $
Ml
M2
M3
L (M3 plus other liquid assets)
do
do....
do
do. ..
Components (seasonally adjusted):
Currency
Demand deposits
Savings deposits
Small time deposits @
Large time deposits @
do
do....
do
do....
do
156.2
144.0
146.5
148.2
148.1
149.4
149.2
150.1
154.1
1557
156.2
499 5
4897 r4806
4790
4910
4580
4563
4458
4508
4543
4543
4610
4706
4892 r5044
1 878.3 1 848.6 18487 1 865.4 1 883.0 1 896.5 1,908.7 1,928.6 1,943.6 1,964.5 rr2,018.3 rr2,042.5 rr2,066.0 rr2 088 8 20937
23088 23244 r 23504 r 23692 r 23853 2 415 2 2 427 0 2 446 0 2 465 9 2 4726
22785
22353
22373
22572
22808
r
2 777.4 27248 27377 2 763.8 27900 2811.8 2,825.5 2,860.9 2,881.3 2,904.7 2,943.0
1198
2403
656
330
109.8
3615
7882
287 1
1284
2349
903
41 1
172.4
3503
r
8590
326.4
1257
2369
895
368
161.8
3485
851 1
3190
4493
4524
18352 18506
2224 1 22407
27103 27376
1263
2333
3459
8472
3212
1283
2307
872
403
170.1
3486
8614
323.5
1272
2288
854
40 1
164.9
3479
8559
320.6
1298
231 7
879
418
172.9
3486
8716
3274
4534
4544
1 864.5 18809
22602 22834
27670 27982
1274
2331
3466
8525
3221
1282
2323
3472
8593
3274
1288
232 1
3450
8729
3321
130 1
229.6
898
42.4
182.3
3468
8766
332.9
1302
232.9
933
41.5
185.1
3482
8790
334.9
1313
237.6
973
439
187.6
3578
8753
339 1
1327
240.6
1015
45.2
191.1
3634
8716
340.8
1352
247.7
1040
44.3
182.2
r
3567
r
8539
3365
4740
4583
4632
4687
4782
19036 19170 19297 1,945 0 1,959 5
23178 23339 r 23520 r 23702 r 23776
28236 28405 2 866 0 2,882 4 2,896 8
1305
2340
3500
8832
3361
1296
2325
3467
8798
3349
1313
2360
3580
8780
3396
1319
2376
3664
8749
3404
1328
2398
r
3593
r
8591
3338
1332
245.1
1075
47.3
166.7
r
334.7
r
7986
314.2
1337
232.8
1100
48.8
159.6
r
3245
r
7585
3026
1354
2352
1143
r
487
154.0
r
3233
r
7377
r
2989
1374
r
242.4
1203
r
50.6
146.7
r
3247
r
7286
r
298.2
1389
2381
118 1
563
140.9
3248
7228
2979
4821
491 1
4976 r4965
5072
010.0 rr2,050 8 rr2,070 0 rr2,075.1 2,097 2
2 403 3 2 430 6 2 447 3 2 454 5 24773
2 928.1
r
2
r
1342
239.4
r
335 1
r
797.4
3107
1356
2387
r
3257
r
755.1
2979
1370
240 1
r
3228
r
733.8
2963
1380
r
238.9
r
3219
r
725.7
r
3004
1393
2425
3233
720.2
2992
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Bureau of the Census):
Net profit after taxes, all industries
mil. $..
Food and kindred products
do....
Textile mill products
do. ..
Paper and allied products
do
Chemicals and allied products
. do....
Petroleum and coal products . . . .
do .
Stone, clay, and glass products
do....
Primary nonferrous metal
do
Primary iron and steel
do....
Fabricated metal products (except ordnance,
machinery and transport, equip ) .. . mil. $..
Machinery (except electrical)
Elec machinery equip and supplies
do....
do
Transportation equipment (except motor
vehicles etc )
mil. $..
Motor vehicles and equipment
do....
All other manufacturing industries
do .
Dividends paid (cash) all industries
do. ..
r
101,302
'71,028
r
9,109
8,383
r
1 157
851
3 110
1460
r
12973
!0 324
23733
1,627
2 124
3,507
r
4235
12,580
7872
3722
-209
15762
r
r
4040
165
r
59
r
-276
2566
734
!3 867
r
r
r
41 259
r
653
1,072
3822
292
336
1,152
1428
1,306
1313
r
598
-321
3523
595
1,058
3534
10 561
9,902
r
r
10 437
3658
-123
114
-759
r
1786
1602
2377
1717
6449
5237
161
r
-467
-2 550
r
433
833
r
15,729
1,488
241
441
2755
r
5225
r
280
r
36
r
-906
r
r
2320
r
8038
r
40,317
r
19 r666
408
r
333
r
-3 705
14,114
r
2,462
r
339
198
r
2062
17,828
1,845
258
408
r
2478
20,044
r
2,181
144
436
r
2821
706
-18
3767
r
10 085
SECURITIES ISSUED @@
Securities and Exchange Commission:
Estimated gross proceeds total
By type of security:
Bonds and notes corporate
mil $
68970
74591
4067
5441
5349
5457
8937
7310
9596
6846
7997
7889
8862
12406
do
38966
45211
2087
2958
2628
3 179
6363
5026
6967
3588
4 133
4761
3666
5487
do
do....
25004
1,633
23399
5,048
1843
137
1467
887
2554
67
1387
641
1849
622
1663
520
1918
611
2694
563
3447
418
2534
594
3041
1,955
5982
937
mil. $..
do
do....
do
65603
15463
8,553
13304
73660
13875
7429
15326
4067
440
604
1547
5312
694
355
1 404
5249
328
1700
814
8834
2 131
395
1476
7210
1505
750
1783
9496
2863
302
1795
6845
1251
494
1 119
7997
1634
230
1393
7,889
2089
1,218
663
8,662
1846
419
1387
12406
2477
1515
1 545
do
do
do
1897
5871
15743
2091
4 175
24 456
31
3
1 194
100
456
1 660
131
166
1 882
5208
1222
652
645
5
166
2 079
464
679
2657
124
305
2 324
518
307
2938
306
89
2734
46
1 586
2130
386
187
2703
664
25
3599
336
1 883
3219
do
do....
46 134
34,443
77 179
43390
6 692
3 109
5 268
5919
5667
4848
5 822
3302
6 650
4766
6 420
3 146
8082
3357
9951
3,396
9857
3,365
3492
2,980
5897
1,714
7842
2,282
9 122
5,793
mil. $..
14,411
13325
12202
12,237
11783
11729
11396
11208
11,728
12,459
13,325
13,370
13,985
14,483
15,590
do....
do....
3,515
7,150
5,735
8,390
4,145
6,270
4,175
6,355
4,215
6,345
4,410
6,730
4,470
7,550
4,990
7,475
5,520
8,120
5,600
8,395
5,735
8,390
6,257
8,225
6,195
7,955
6,370
-7,965
6,090
7,970
Prices:
Standard & Poor's Corporation:
High grade corporate:
Composite §
dol. per $100 bondDomestic municipal (15 bonds)
do...
33.7
43.2
35.8
41.8
33.3
38.2
34.0
39.9
32.1
38.3
32.8
39.4
35.7
43.2
38.0
45.6
41.7
49.7
44.2
48.7
42.9
49.0
42.5
51.6
41.3
51.3
42.6
53.1
43.8
54.2
44.4
53.9
Sales:
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $.
5,733.07
7,155.44
509.13
510.05
499.02
463.04
724.38
699.80
875.39
770.43
792.60
787.72
689.61
793.35
729.15
687.63
Common stock
Preferred stock
By type of issuer:
Corporate, total #
Manufacturing
Extractive (mining)
Public utility
Transportation
Communication
Financial and real estate
State and municipal issues (Bond Buyer):
Long-term
Short-term
SECURITY MARKETS
Stock Market Customer Financing
Margin credit at brokers, end of year
or month
Free credit balances at brokers:
Margin accounts
Cash accounts
Bonds
See footnotes at end of tables.
S-16
SURVEY OF CURRENT BUSINESS
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1983
1982
1982
Annual
June 1983
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FINANCE—Continued
Bonds— Continued
Yields:
Domestic corporate (Moody's)
By rating:
Aaa
Aa
.
.
..
A
Baa
percent..
15.06
14.94
15.53
15.34
15.77
15.70
15.06
14.34
13.54
13.08
13.02
12.90
13.02
12.72
12.44
12.30
do
. . . . . do ..
do....
do
14 17
14.75
15.29
1604
1379
14.41
15.43
16 11
1446
14.90
15.95
1678
1426
14.77
15.70
1664
1481
1526
16.07
1692
1461
15.21
16.20
1680
1371
1448
15.70
1632
1294
13.72
15.07
15.63
12 12
12.97
14.34
1473
1168
12.51
13.81
1430
1183
12.44
13.66
14 14
11 79
12.35
13.53
13.94
1201
1258
13.52
1395
11 73
12.32
13.20
1361
1151
12.06
12.86
1329
1146
11.95
12.68
13.09
do....
do
do....
14.50
1562
13.22
14.54
1533
13.68
15.22
1582
14.03
15.08
1560
13.93
15.35
16 18
13.99
15.37
1604
14.05
14.88
1522
13.90
14.11
14.56
13.69
13.19
1388
13.08
12.57
13.58
12.74
12.48
13.55
12.60
12.34
13.46
12.27
12.43
13.60
12.13
12.12
13.31
12.11
11.84
13.03
11.90
11.59
13.00
11.62
do ..
do....
do....
1156
11.23
11 56
11.57
1197
12.45
12 13
11.99
1258
12.42
1197
12.11
1074
11.12
1048
10.61
1005
9.59
10.23
9.97
956
9.91
9.74
9.45
904
9.55
9.38
9.16
882
8.96
9.03
12.87
12.23
12.84
12.67
13.32
12.97
12.15
11.48
10.51
10.18
10.33
10.37
10.60
10.34
10.19
10.21
364.61
93292
108.58
398.56
345.40
88436
111.95
359.81
332.69
84496
11217
344.68
333.11
84672
114.49
340.90
313.66
80437
10841
314.58
316.31
81841
106.28
316.68
321.30
832 11
10964
318.34
356.89
91727
116.18
368.32
383.92 401.57
98871 1 027 76
11997 119.34
402.70 436.43
404.83
1 033 08
117.83
446.37
417.61
1 064 29
123.83
457.74
428.91
1 087 43
124.32
479.72
194143=10..
do....
do
do....
do....
1970=10..
194143-10..
128.04
144.24
13903
100.67
51.87
23.26
93.09
119.71
133.57
11998
109.37
116.35
129.68
11584
103.81
109.38
122.49
10634
102.66
51.87
17.22
63.15
132.66
148.11
13164
126.43
59.41
22.19
86.27
139.37
156.02
14263
134.75
60.08
23.52
88.27
59.33
23.84
8583
144.27
162.02
15103
133.08
61.89
24.93
90.26
146.80
165.15
15408
133.89
53.34
17.53
6471
122.43
137.09
11961
115.51
56.48
20.27
77.20
138.10
153.90
13935
133.27
54.88
18.50
71.16
109.70
122.61
10597
100.92
52.13
17.21
6549
109.65
122.29
10634
102.46
54.78
19.64
74.82
116.31
129.19
11732
102.91
54.25
18.71
71.20
61.52
25.52
9173
151.88
170.33
15904
144.43
62.13
26.48
9545
Financial (40 Stocks)
.
. 1970-10.
NewYorkCity banks(6 Stocks) 194143=10..
Banks outside N.Y.C. (10 Stocks)
do....
Property-Casualty Insurance (5 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)
percent .
Industrials (400 stocks)
do....
Utilities (40 stocks)
do
Transportation (20 stocks)
do....
Financial (40 stocks)
do
14.44
52.45
117.82
141.29
14.30
54.76
95.87
143.01
1459
55.93
97.40
149.14
1381
52.27
93.29
142.45
1245
48.10
86.01
126.05
1207
45.36
81.10
120.61
1238
47.46
82.06
118.41
13.72
50.50
86.79
134.47
1597
64.21
106.48
156.02
17.46
68.70
114.55
166.54
1690
65.60
103.62
168.28
16.51
63.91
101.22
162.01
1675
64.58
100.25
163.13
7402
85.44
7261
38.91
73.52
68.93
78.18
6041
39.74
71.99
6697
75.59
5791
3920
71.44
6707
75.97
5684
3940
69.16
63 10
71.59
5307
3734
63.19
6282
71.37
5340
3720
61.59
6291
70.98
5398
38 19
62.84
7021
80.08
6139
40.36
69.66
7610
86.67
6664
4267
80.59
79.75
90.76
7192
43.46
88.66
8030
92.00
7340
42.93
86.22
83.25
95.37
7565
45.59
85.66
5.20
4.90
10 15
3.40
541
5.81
5.48
10.39
4.32
592
599
5.70
1027
4.47
573
597
5.65
1027
4.47
607
628
5.90
1087
4.85
667
6.31
5.91
1102
4.92
697
632
5.94
1077
4.95
679
5.63
5.26
10.22
4.17
6 12
5 12
4.78
973
3.75
522
4.92
4.60
9.62
3.53
484
493
4.59
983
3.46
508
1236
1253
1290
1258
1296
1324
1278
1241
11 71
11 18
39900
1,533
37350
1430
35 174
1,414
41292
1577
47 117
1,902
61374
2301
79303
2,852
33714
1242
31913
1 167
30420 35580
1 169 1304
40659
1555
52551
1890
1,136
1,027
1,145
1,673
1,548
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)
Standard & Poor's Corporation: §
Combined index (500 Stocks)
Industrial, total (400 Stocks) #
Capital goods (105 Stocks)
Consumer goods (191 Stocks)
Utilities (40 Stocks)
Transportation (20 Stocks)
Railroads (6 Stocks)
Preferred stocks 10 high-grade
do
Sales:
Total on all registered exchanges (SEC):
490 688 596 670
Market value
mil $
Shares sold
millions..
15,910
22414
On New York Stock Exchange:
Market value
mil. $.. 415,913 514,263
Shares sold (cleared or settled)
millions
12843
18211
New York Stock Exchange:
Exclusive of odd-lot and stopped stock sales
11,854
16,458
(sales effected)
millionsShares listed, N.Y. Stock Exchange, end of period:
Market value all listed shares
bil $ 1 143 79 1 305 36
39.516
Number of shares listed
millions..
38,298
1,111
1 081 87 1 039 18 1 017 45
38.738 38.594 38.894
447.11 458.20 476.19
1 129 58 1 168 43 1 212 86
126.88 12608 12921
507.66 518.15 542.75
157.71
176.78
16382
149.93
164.10
184.10
17334
154.90
64.88
29.03
10937
1860
70.91
107.22
186.26
62.95
27.30
10090
2000
78.18
115.35
190.90
8474
97.26
7944
4592
86.57
8750
100.61
8328
4589
93.22
9061
104.46
8526
4622
99.07
9461
109.43
8907
4762
102.45
479
4.44
948
3.24
527
474
4.39
960
3.19
524
459
4.26
952
3.04
475
444
4.12
940
2.98
445
1120
1123
11 13
1086
1080
1065
75002
2,642
73704
2,547
69588
2,402
65657
2,189
81315
2,681
67,157
2292
63,927
2 129
61,542
1992
59,712
1920
55,909
1756
70,121
2 183
2,069
1,857
1,682
1,858
1,615
1,902
1,793
1,953
99356 1 106 56 1 120 26 1 244 38 1 291 94 1 305 36 1 349 19 1 385 49 1 431 63 1 545 81 1 547 13
39.064 39.070 39.177 39.262 39.400 39.516 39.688 40.298 40.468 41.090 41.508
FOREIGN TRADE OF THE UNITED STATES
VALUE OF EXPORTS
Exports (mdse.), incl. reexports, total @
Excl. Dept. of Defense shipments
Seasonally adjusted .. .
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
Asia; Australia and Oceania:
Australia, including New Guinea
Japan
See footnotes at end of tables.
mil. $.. 1233,739.Q 212,274.6 18,610.6 19,000.7 19,416.1 17,259.3 16,264.5 16,716.7 17,274.5 15,695.0 16,723.9 16,204.9 15,540.5 18,329.9 16,712.0
do.... '233,677.0 212,193.1 18,605.2 18,992.4 19,413.3 17,252.2 16,249.9 16,712.6 17,267.0 15,689.2 16,716.4 16,200.6 15,531.5 18,327.5 16,707.5
do
18 005 2 18 124 3 18 822 9 18 059 6 17 463 3 17 320 3 16 671 4 15 851 9 16 346 6 17 393 0 16 325 8 16 751 6 16 073 8
1
11 097 4
do
do.. . '63 848.7
do
*6 435 8
.. do . '69 714 7
10 271 1 1001 7
9363
64,822.2 5,215.9 5 545.1
56997
4954
4716
63 664 2 5753 1 57114
do.... 139,565.8 33,723.6 3,066.1 3,189.7
do. . '24 368.7 18 332.1 17586 1 7308
do.... 1 17,732.1 15,256.5 1,258.2 1,323.2
do.. .
do
1
10380
681 9
57862 5 793.3
6623
4700
56397 4743 1
2,943.2 2,667.7
18379 15145
1,437.0 1,334.4
2 875.4
23682
383 1
2374
293.6
2348
2694
2427
do.... '5,297.5
4,600.7
do
'21 823 0 20 966 1
402.4
15748
411.0
17102
491.1
18288
I2
159.4
29ll 1
2056
79.16
122.92
188.29
1778
1919
6937
720 1
9150
6013
8929
5 1868 4947 1 53724 5 109.7 57462
4959
4458
3627
4336
3605
45620 48570 4930 1 48926 50956
2,634.8 2,838.1 3,089.2 2,512.5
1328 1 15730 1 2247 10434
1,336.0 1,278.5 1,235.6 1,125.3
191 7
1827
1914
1747
2800
1623
1454
1334
7796
6510
8797
5 043.2 48628 55218
3862
3112
3817
5340 1 49393 59272
2,378.3 2,671.7 2,675.7 3,556.0
1 161 1 1 111 1 1 1342 1 2724
8377
1,070.1 1,001.5
7910
2640
1462
307.7
386.3
380.4
337.0
351.9
280.6
1 7763 1 732 2 1 568 4 1 804 1 1 814 6 1803 1
2502
1265
249 1
1349
281 2
1674
315.9
259.4
329.6
1 601 0 1 423 6 1 781 1
S-17
SURVEY OF CURRENT BUSINESS
June 1983
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
Apr.
Annual
1983
1982
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
FOREIGN TRADE OF THE UNITED STATES—Continued
VALUE OF EXPORTS— Continued
Exports (mdse.), incl. reexports—Continued
Europe:
France
mil.$..
German Democratic Republic (formerly
E. Germany)
mil. $..
Federal Republic of Germany (formerly
W. Germany)
mil. $..
Italy
Union of Soviet Socialist Republics
United Kingdom
.
.
North and South America:
Canada
Latin American republics, total #
Brazil
..
. . .
. . .
Mexico
Venezuela
Exports of U S merchandise total §
Excluding military grant-aid
Agricultural products, total
Nonagricultural products, total
By commodity groups and principal
commodities:
Food and live animals #
Beverages and tobacco
Crude materials, inedible, exc. fuels #
Mineral fuels, lubricants, etc. #
Oils and fats animal and vegetable
Chemicals
Manufactured goods #
.
Machinery and transport equipment,
total
.
.
Machinery, total #
Transport equipment total
Motor vehicles and parts
'7,340.5
7,110.4
592.9
603.8
665.3
516.4
601.5
572.1
666.1
515.4
561.0
546.8
563.6
'295.7
222.8
9.3
22.0
22.0
5.5
0.8
1.9
16.9
10.1
14.1
14.6
5.5
20.2
10,276.7
9,291.3
804.7
821.6
764.9
723.0
703.6
654.9
678.6
755.9
802.4
732.1
662.9
790.0
do.... '5,360.0
do.... '2,431.3
do . '124392
4,616.1
2,587.3
10 644 7
395.2
325.1
9927
446.1
265.7
9133
499.4
134.4
928 1
328.8
71.8
8852
308.0
55.1
8055
349.4
77.1
9356
386.5
80.0
833 1
344.1
160.6
838 1
368.6
147.7
7925
379.0
266.4
8606
387.5
219.9
8850
386.0
179.3
1 0215
do.... '39,564.3
33,720.2
3,065.8
3 189.5 2,942.7
26675
26345
2 837.9
3089 1
25123
2 377.8
2,671.6
2 675.5
3,555.8
do.... '38,950.1 30,086.3
do
'3 798 2 34227
do.... '17,788.7 11,816.9
do
'54449
52062
2,699.6
2749
1,173.1
4150
2,782.8
319 1
1,201.1
4406
2,588.5
3612
1,005.4
4940
2,387.7
318 1
795.2
4608
2,562.2
3060
1,042.6
4025
2,118.6
2363
633.2
4492
1,844.7
201 7
504.9
4026
1,956.2
2148
640.0
3928
1,861.6
1948
626.6
3900
1,754.9
1955
712.3
2653
1,776.7
1854
746.7
1995
do
do....
do....
do....
1
2,924.3
3343
1,202.6
5018
'228 960 8 207 157 6 18 208 3 18 589 3 18 980 3
'228,898.7 207,076.2 18,202.8 18,581.0 18,977.5
'43,338.5 36,622.6 3,481.8 3,403.4 3,129.1
'185,622.6 170,535.0 14,726.5 15,185.9 15,851.2
16 870 3 15 943 9 15 980 7
16,863.2 15,929.3 15,976.6
2,446.0 2,492.4 2,388.1
14,424.3 13,451.5 13,592.5
686.9
16 886 7 15 319 1 16 290 1 158188 15 198 8 179130
16,879.2 15,313.3 16,282.6 15,814.4 15,189.7 17,910.6
28874 3 049.7 2,887.5 3,115.2 3018.0 3,188.1
13,999.3 12,269.4 13,402.5 12,703.6 12,180.8 14,724.9
mil $ '30 290 8
do.... '2,914.7
do.... '20,992.4
mil. $.. '10,279.0
'1 7503
do
23 950 4
3,026.2
19,248.4
12,728.8
1 5409
2272 1
224.2
1,789.3
1,190.2
1243
2 1614
262.5
1,839.6
1,143.5
1022
2 1723
221.3
1,598.7
1,090.4
141 7
1 8166 1 7988 1 7580
257.5
350.3
379.8
1,515.4 1,663.4 1,546.9
1,206.1
846.0
881.9
1173
105 0
1183
20937
171.5
1,576.6
1,006.3
99 1
19636
223.6
1,458.5
681.1
1395
20982
227.1
1,609.8
843.6
114 9
1 9042
213.4
1,645.4
872.6
1567
do.... '21,187.1
. do.
'20 632 5
19,890.5
16 738 6
1,688.2
1 4396
1,722.4
1 5356
1,862.5 1,648.6 1,715.0 1,548.7 1,487.8 1,455.2 1,647.2
1 591 0 1 3485 1 2742 1 321 7 1 3907 1 2025 1 1554
1,565.1
12139
1,491.8
1 0873
1,704.1
13327
1,586.5
1315.5
'957172
'62,945.5
'32 790 9
'16,214.0
87 128 1
59,324.2
27 823 9
13,906.8
75477
4,967.7
25803
1,395.6
77825
5,203.1
25800
1,436.2
8 175 7
5,523.2
26528
1,325.5
6 1742
4,252.5
1 9225
958.7
6406 1 8041 1
3 989.1 4,920.0
24177 3 1218
1,076.1 1,349.1
6794.1
mil $
do....
do
do....
17223
167.0
1,350.5
996.8
1573
1 8742
211.6
1,272.0
954.9
1256
75973 67386
5,083.1 4,664.3
25156 2081 5
1 080.8 1,029.5
1691 6
193.1
1,328.1
1,073.3
1468
67563 7 1365 60834 68464
4,928.1 48892 4451 1 4,522.4
1 8288 2248 1 1 6327 23267
1,040.7 1 084.0
9579
919.5
VALUE OF IMPORTS
General imports, total
Seasonally adiusted
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
Asia; Australia and Oceania:
Australia, including New Guinea
Japan
do.... '261,304.9 2243,951.9
do
17,882.1 20,804.5 21,810.9 19,763.2 22,867.8 20,187.8 21,219.3 19,002.0 18,720.2 20,149.0 17,592.6 20,311.2 19,807.8
17 714 4 20 476 8 21 1870 19 849 3 22 930 0 20 581 3 21 006 0 18 892 4 19 154 4 20 020 9 190149 19 525 2 19771 1
'27 070 6 217 770 1
do
do.... '92,032.6 285,169.5
'3 352 7 23 130 5
do
do.... '53,409.7 253,412.7
1 252 1 9113
5,965.2 7,684.6
2268
2449
4,012.6 4,923.4
'46 432 0
do
do.... '23,477.4
'155264
do
do
do
Latin American republics, total #
Brazil
Venezuela
By commodity groups and principal
commodities:
Agricultural products, total
Nonagricultural products, total
Food and live animals #
Beverages and tobacco
.
Crude materials, inedible, exc. fuels #
14 444 1
2
mil. $.. '2,514.8
'37612.1
do
do... '46,413.8
465
138 6
2
2,304.6
37 743 7
162.6
27904
181.1
37594
2
2
1 467 7 1 2627
9,061.3 6,920.8
3450
281 1
4,743.5 4,241.8
1 586 0 1 4238 1 2883
7,155.4 6,133.6 5,756.4
323 1
2612
2054
4,712.0 4,220.1 4,381.0
1271 1
6,739.8
2455
4,658.0
8668
6,185.4
2166
3,767.0
8744
6,956.0
227 2
4,434.4
3868 1 37537
1,982.4 1,806.4
1 384 1 9966
4 534.4
2,032.6
1 2522
224
144 6
23
159 0
85
184 4
192
227 1
512
162 8
51 0
172 1
179
1423
950
1627
163
1628
219.7
215.5
3 1172 28879
220.4
38147
203.1
29042
252.7
32740
172.3
2695 1
154.4
24862
196.0
29532
158.1
2 894.4
169.7
3,440.2
471.9
907
147 5
441.9
479.5
539.7
442.8
475.6
410.1
414.0
469.8
452.7
670.2
434.8
53.9
3.1
3.7
3.6
2.8
4.6
11.2
3.3
3.2
2.9
5.4
5.7
5.3
2
119748
2
5,301.4
2
2276
2
13,094.8
9448
439.7
155
821.4
1221 1
494.6
102
1,151.5
10905
459.3
318
1,210.4
957 1
379.4
77
1,139.7
10254
498.5
257
1,217.6
8729
459.6
276
1,079.6
981 1
350.0
348
1,483.0
9490
413.7
89
1,037.3
9672
420.4
71
1,181.4
9892
471.1
227
1,021.2
8874
367.4
25 1
774.9
10645
460.6
200
897.8
2
3,735.7
4,068.6
4,398.1
3,459.2
3,828.4
4,236.3
3,907.2
4,009.6
3,622.1
3,866.9
3,752.7
4,531.7
5,545.3
2
46,476.9
do... '32,023.3 232,512.6
'4 474 5 24 285 3
do
'13 765 1 2 15
565 9
'5 566 0 24 767 7
do
2,222.5 2,624.6 3,011.3 2,550.6 2,884.1 2,776.3 3,061.0 2,604.6 2,963.1
343 7
4275
3154
440 1
312 1
3132
346 8
391 9
3748
1 014 2 1 238 3 1 578 2 1 230 8 1 435 3 1 448 9 1 299 9 1 219 1 1 4187
5289
3502
5040
3923
2930
3992
3870
2814
361 9
2,885.0 2,408.3 2,801.1
331 6
4306
3362
1 2859 1 194 8 13288
428.0
4725
2849
mil. $. '17,003.4 2215,421.7 1,271.3 1,348.2 1,334.7 1,148.6 1,348.0 1,302.0 1,428.6 1,248.0 1,234.3 1,529.8 1,312.9 1,379.5
do.,.. '244,301.4 228,530.2 16,610.8 19,456.3 20,476.2 18,614.7 21,519.8 18,885.8 19,790.7 17,754.0 17,485.9 18,619.3 16,279.6 18,931.7
do... '15,237.6
'3,138.3
. do
do... '11,193.4
2
14,452.7
2
3 364 0
2
8,589.4
1,158.2
284.1
703.2
1,267.2
321.2
771.6
1,272.6
292.4
790.5
1,122.5
251.3
695.3
1,301.1
300.1
782.1
1,266.6
310.1
715.8
1,384.3
305.3
701.3
1,232.7
287.5
705.0
1,192.8
266.0
624.8
1,346.6
353.5
691.9
1,197.8
235.1
630.1
1,300.1
257.7
767.5
1,309.2
283.4
711.7
4,311.9
38628
25.4
730.2
4,167.4
3,749.4
38.8
840.3
5,426.6
50253
43.1
820.7
5,942.7
54549
31.8
698.9
6,353.1
5 954.0
46.6
897.6
5,200.6
4 741.4
24.4
869.7
5,946.5
5 486.9
32.2
827.0
5,037.4
4,419.7
32.3
739.3
5,467.6
4,843.7
28.9
751.8
5,141.6
4,440.6
38.5
859.9
3,704.4
3,001.7
30.1
867.1
3,864.9
3,260.6
32.0
1,011.0
3,763.1
2,454.4
5 785.5
2,898.5
28870
9 R99 3
3,203.9
7051.3
3,557.7
3 493.6
9. 977 3
3,091.3
69297
3,702.3
32274
97«n?
2,501.4
5 646.5
3,108.7
25378
99706
2,941.1
6,700.7
3,867.0
28337
9. 539 S
2,581.1
5,894.2
3,419.1
2475 1
9. 9.09 1
2,616.0
6,187.3
3,422.8
27645
9. 436 6
2,509.1
5,543.0
3,044.5
2,498.5
9 1 78 fi
2,229.1
5,517.3
3,038.2
2,479.2
2 163.0
2,469.2
6,152.4
3,221.7
2,930.7
24824
2,270.3
5,925.5
3,017.0
2,908.5
2.605.4
2,805.4
7,050.1
3,678.0
3,372.2
2.988.6
2,877.8
6,731.5
do... '81,416.9
'75 577 3
do
'479.5
do...
'9,445.9
do...
2
65,409.2
2
Manufactured goods #
Machinery and transport equipment
Machinery total #
Transport equipment
do...
do
do...
do
'37,291.9
'69 627 2
'38,212.2
'314152
»9fi91fiCi
2
33,148.4
2
1695 1
6,987.1
2889
4,358.7
4 0 7 0 3 43995 34620 38295 42387 39079 40098 36256
1,824.7 2,309.5 1,881.2 2,210.3 2,100.8 1 972.3 1 779.6 2,126.8
1 145 1 1 1829 1 090 1 1 2103 1 141 9 15624 1 1737 13366
327
141 1
Mineral fuels, lubricants, etc
Petroleum and products
Oils and fats, animal and vegetable
Chemicals
See footnotes at end of tables.
37378
1,660.2
10272
547 2
'3973
'2 445 3
Europe:
'5,851.4
France
do...
German Democratic Republic (formerly
'47.7
E. Germany)
mil. $.
Federal Republic of Germany (formerly
W Germany)
mil $ '113790
Italy
do.... '5,189.0
'3475
Union of Soviet Socialist Republics
do
United Kingdom
do... '12,834.6
North and South America:
Canada
2
46 497 7
2
23,525.0
2
13176
7,395.1
2992
4,907.0
59 396 4
2
405.8
2
9,493.5
733196
2
39,456.8
2
2
33 862 8
9Q 3fiO fi
30.1
896.7
May
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
1981
1982
1982
Apr.
Annual
June 1983
May
June
July
| Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
FOREIGN TRADE OF THE UNITED STATES—Continued
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Unit value
1977- 100..
Quantity
do
Value
do
General imports:
Unit value
do....
Quantity
do
Value
do....
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):
Shipping weight
Value
General imports:
Shipping weight
Value
154.3
1225
189.1
152.6
1265
193 1
153.5
1118
171 6
151.3
107 1
162.1
150.8
1078
162.6
151.6
1133
171.8
151.0
1032
155.8
152.2
1089
165.7
154.0
1045
160.9
1546
997
154 1
1182
1823
154.8
1075
1665
868
167.3
102.4
171.3
165.9
1083
179.6
167.4
147.3
162.7
972
165.1
114.0
188.3
164.1
101.3
166.2
166.2
105.2
174.7
164.1
95.3
156.5
164.2
93.8
154.0
163.6
101.4
165.9
162.0
89.4
144.8
162.2
103 1
167.3
160.7
1015
163.1
400 955
115905
37,240
10237
37,178
10299
37,012
10514
31,425
9080
29,224
8894
31,778
9061
34,234
9402
32,472
8,923
30,342
8869
376 446
155.511
26,025
11.010
27,300
13.170
34,464
13.875
33,829
12.924
37,436
15.605
30,598
12,426
34,515
13,532
27,291
11.552
29,057
11.263
'1508
'1288
194 1
1525
115 1
1756
1
170.3
'1052
179.1
167.5
999
167.4
169.6
thous. sh. tons.. '406,796
mil $ 1 123 495
1
464,420
1
thous. sh. tons..
mil. $..
J
1
177.059
1546
1199
1853
155.0
TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers (Scheduled Service)
Certificated route carriers:
Passenger-miles (revenue)
bil..
Passenger-load factor .
.. percent
Ton-miles (revenue), total
milOperating revenues (quarterly) # §
mil $
Passenger revenues
do....
Cargo revenues
do....
Mail revenues
do
Operating expenses (quarterly) §
do....
Net income after taxes (quarterly) §
do
248.89
586
31,949
36502
30,579
2,480
675
2
36,922
533
258.96
590
32,754
21.52
584
2,725
bil..
mil
do....
mil. $..
do
do..
198.72
3350
998
2
29,014
29277
2
-360
209.54
3026
1004
International operations:
Passenger-miles (revenue)
Cargo ton-miles
Mail ton-miles
Operating revenues (quarterly) § .. .
Operating expenses (quarterly) §
Net income after taxes (quarterly) §
bil
mil
do
mil $
do....
do
50 17
2335
376
4943
2430
399
17.76
249
85
17.26
257
82
25.16
630
3,094
25.82
640
3,153
18.97
250
77
383
191
32
426
202
32
470
185
31
19.79
254
79
20.23
258
77
7949
7714
650
636
645
20.94
56.4
2,716
19.20
55.9
2,527
20.92
578
2,717
20.75
567
2,571
19.36
602
2,462
24.87
672
3,119
15.61
254
80
16.75
270
84
15.95
258
78
17.34
253
117
17.09
220
81
16.42
236
78
21.25
288
94
491
235
34
325
233
36
357
208
47
366
166
30
293
184
29
362
217
33
678
654
654
624
618
716
656
125 1
1213
121 9
126 6
125 3
126 6
"131 0
5
15.78
5
15.63
7,604
7431
65
536
214
32
559
203
32
451
205
31
1912
1,777
83
1601
1,574
13
6,595
-186
20.12
54.9
2,583
9834
8,317
601
165
8,479
172
7350
7231
31
2
6390
2
mil
23.67
636
2,910
9222
7,767
602
171
9063
43
Domestic operations:
Passenger-miles (revenue)
Cargo ton-miles
Mail ton-miles
Operating revenues (quarterly) §
Operating expenses (quarterly) §
Net income after taxes (quarterly) §
Urban Transit Systems
Passengers carried total
. .
21.58
612
2,715
584
631
636
Motor Carriers
Carriers of property, large, class I, qtrly.: @
Number of reporting carriers
Operating revenues total
mil $
Net income, after extraordinary and prior period
charges and credits
.. mil $
Tonnage hauled (revenue), common and contract
carrier service
.mil tons
Freight carried—volume indexes, class I and II
intercity truck tonnage (ATA):
Common and contract carriers of property
(qtrly.)
average same period, 1967—100..
Common carriers of general freight,
seas adj
1967—100
Class I Railroads t
Financial operations, qtrly. (AAR), excl. Amtrak:
Operating revenues total #
mil $
Freight
do
Passenger, excl. Amtrak
do....
Operating expenses
Net railway operating income
Ordinary income
Traffic:
Ton-miles of freight (net), total, qtrly
Revenue ton-miles, qtrly. (AAR)
Price index for railroad freight
Travel
do....
do
do....
100
3910
100
3937
199
58
48
182
41
40
100
16489
1470
1289
30899
28925
535
2
27 507
2
252627
571
7222
6746
145
6612
6 148
145
6482
6026
139
6487
6 171
75
28,560
2
1386
3
1,922
2
26,473
2
767
3
1202
6821
265
340
6,500
114
161
6331
184
436
6 126
256
173
2
1309
1323
1324
1309
1325
1297
bil..
do....
1969—100
911.9
911.9
3276
799.6
799.6
3514
3512
3514
208.0
208.0
351 5
3520
3520
190.9
190.9
3519
351 8
351 7
1938
193.8
351 9
355 2
355 4
Hotels and motor-hotels:
Restaurant sales index.... same month 1967=100..
Hotels: Average room sale
fl
dollars..
Rooms occupied
% of total..
Motor-hotels: Average room sale H
dollars..
Rooms occupied
% of total..
194
56.39
68
38.31
67
196
6171
63
41.16
64
204
62.44
68
41.41
70
200
6200
68
41.30
66
215
6082
68
41.02
72
212
5866
64
43.15
72
191
59 17
65
41.77
72
188
6134
63
41.89
62
210
6428
70
41.26
65
190
6187
62
39.19
58
195
6228
49
39.94
49
159
6269
55
40 10
58
181
6586
63
4195
68
8905
9,978
11,976
9,933
3222
49,787
2
9388
2
10,275
2
10,909
2
382
305
2909
3063
3,442
2829
236
223
228
1 979
2 182
2328
2027
288
4
746
4
632
4
779
4
566
4
9,580
9,134
5,533
4,281
1,926
Foreign travel:
U S citizens' Arrivals (quarterly)
Departures (quarterly)
Aliens: Arrivals (quarterly)
Departures (quarterly)
Passports issued
National parks, recreation visits # #
See footnotes at end of tables.
thous..
do....
do....
do....
do
do....
9,047
3664
48,901
395
371
2,438
4,042
2349
2,800
2,722
2233
496
6,770
1,265
384
"1,230
314
l,332
p
4
759
355 3
4
642
355 4
458
474
"392
"1,334
"2,255
1919
355 3
r
S-19
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Apr.
Annual
1983
1982
May
June
July
Aug.
Sept.
Nov.
Oct.
Dec.
Jan.
Mar.
Feb.
Apr.
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
mil $
do....
do
do....
do....
mil-
66499
28,117
26507
44,593
11,910
164.9
73808
31,678
28099
51,269
11,951
157.8
6 128
2,604
2348
4,229
1011
164.3
6080
2,591
2321
4,216
998
164.1
6238
2,660
2379
4,315
1,037
162.7
6225
2,665
2348
4,292
1,059
162.2
6329
2,679
2428
4,189
1,148
161.7
6291
2,712
2338
4,366
987
161.4
6327
2,736
2334
4,417
986
160.8
6310
2,745
2308
4,481
961
159.5
6005
2,730
2342
4,592
740
157.8
6215
2,750
2294
4,125
1,069
156.3
6 198
2,744
2 138
4,113
1,081
156.2
7792
623.8
112.7
8093
678.7
86.8
669
540
9.4
68 1
554
9.0
700
558
10.6
684
56.6
8.2
691
59.2
6.5
669
696
-7.0
665
543
8.4
662
56.4
6.1
683
58.0
7.9
673
57.1
6.4
652
558
5.8
577.7
435.3
117.0
607.7
495.2
83.7
50.5
389
9.3
50.9
41 2
7.5
53.8
417
9.0
48.2
40.2
5.8
50.0
42.0
5.5
51.9
43 1
4.0
50.3
42.6
5.3
50.2
42.9
4.5
49.9
45.8
3.9
50.8
42.7
5.1
48.9
41 7
4.6
Telegraph carriers:
Domestic:
Operating revenues
..
...
.. mil $
Operating expenses
do....
Net operating revenues (before taxes)
do....
Overseas, total:
Operating revenues
do....
Operating expenses
do....
Net operating revenues (before taxes)
do....
6628
2,735
4 704
3,929
1420
155.4
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic Chemicals
Production:
Aluminum sulfate, commercial (17% A12O3) $
thous. sh. tons..
Chlorine gas (100% C12) $
do....
Hydrochloric acid (100% HC1) $
do....
Phosphorus, elemental $
do....
1,294
10,767
2,502
426
1,183
9,136
2,490
361
95
828
218
33
91
794
215
31
111
782
225
31
94
783
198
31
111
698
199
26
99
684
183
29
84
756
193
31
96
734
189
30
96
708
182
28
80
787
203
30
10,414
788
1,077
9,225
650
895
837
64
74
807
51
73
786
54
72
794
44
71
731
54
74
696
53
70
768
56
72
752
59
68
722
41
74
696
761
630
635
48
55
53
53
55
51
41
53
54
52
51
58
56
51
55
54
52
50
'10,440
3,577
'8,478
4,136
755
3,911
726
4,152
687
4,195
686
4,231
685
4,202
651
4,229
643
4,160
658
4,199
thous. sh. tons..
Ammonium nitrate, original solution $
do....
Ammonium sulfate $
do....
Nitric acid (100% HNO3) ±
do
19,076
8,937
6
2,194
9077
15,500
7,331
1,789
7588
1498
701
174
716
1523
664
154
664
1356
573
156
585
1203
490
161
524
1 173
515
146
543
1 196
516
141
558
1 167
559
145
608
1 137
564
125
614
Nitrogen solutions (100% N) $
Phosphoric acid (100% P2O5) $
Sulfuric acid (100% H2SO4) $
3,177
9,922
40,795
5
Sodium
Sodium
Sodium
Sodium
hydroxide (100% NaOH) $
do....
silicate anhydrous iji
.
.... do
sulfate, anhydrous $
do....
tripolyphosphate (100% Na5P3O10) t
do....
Titanium dioxide (composite and pure) $
do....
Sulfur, native (Frasch) and recovered:
Production
thous. Ig. tons..
Stocks (producers') end of period
do....
86
759
217
r
27
103
812
219
32
824
47
75
789
r
50
79
787
52
77
62
54
r
48
r
53
61
663
4,136
639
4,074
572
3,957
1 156
552
128
580
1 117
592
5
121
630
1065
r
564
r
!54
r
595
r
r
60
r
667
3,805
r
636
3,700
Inorganic Fertilizer Materials
Production:
Ammonia, synthetic anhydrous $
do....
do....
do....
Superphosphate and other phosphatic fertilizers
(100% P2O5):
Production
thous. sh. tons..
Stocks, end of period
do....
Potash sales (K2O)
fl
do
Exports total #
Nitrogenous materials
Phosphate materials
Potash materials
Imports:
Ammonium nitrate ...
Ammonium sulfate
Potassium chloride .
Sodium nitrate
..
3
16,903
3
1,068
6478
do
do....
do
do....
22391
2,834
13308
1,203
do
do....
do
do....
264
327
8601
159
4
4
4
2,427
8,524
31,953
244
663
2,612
268
640
2,443
230
673
2,462
13,139
892
5 186
983
1,200
618
857
929
552
20
337
C
2645
11997
1,218
1582
259
992
37
1736
244
1022
109
262
319
7 154
131
33
51
722
9
51
23
664
22
C
4
5
4
5
5
5
5
r4
150
807
2,830
233
920
3,134
1223
818
431
1240
773
383
1 474
686
543
1 193
125
684
55
2 504
122
1 714
125
1 755
131
1 124
27
1 937
182
1 289
63
1 933
219
1 258
48
12
25
584
9
26
54
674
16
13
461
34
35
860
9
44
33
765
23
137
780
2,721
147
749
2,658
966
883
313
1 048
892
495
1 580
207
982
64
1 912
139
1 177
172
17
33
661
15
28
489
15
211
696
2,551
185
760
2,703
211
749
2,772
134
802
2,894
151
682
2,714
967
917
375
1 065
998
340
1 184
926
517
1230
909
389
1258
881
358
1 811
251
911
142
1 872
317
933
146
1 734
148
979
139
1 756
229
1 013
158
29
30
483
19
19
20
599
5
16
5
643
18
16
25
504
o
2
( )
1 270
647
165
712
r
o
o
r
458
Industrial Gases
Production:
Acetylene $
..
mil cu ft
Carbon dioxide, liquid, gas, and solid
thous. sh. tons..
Hydrogen (high and low purity) $
mil. cu. ft..
Nitrogen (high and low purity) $
do....
Oxygen (high and low purity) $
do....
237
228
3,813
103,278
490,285
430,610
3,687
91,305
483,781
357,943
297
7,597
39,063
31,483
317
7,679
39,142
30,689
333
7,637
40,833
30,678
330
7,773
41,133
30,044
325
7,515
42,247
28,742
295
7,276
40,190
27,241
312
8,014
41,163
27,419
297
7,191
39,330
27,109
300
7,849
40,150
26,006
291
7,929
43,243
27,466
271
7,893
r
4 1,479
27,701
310
8,327
45,448
29,147
'297
22
14
27
56
27 7
470.2
3946
5 161
5
5
406
435
5
5
288
5
317
5
284
5
253
257
271
5
5
5
254
5
5
5
r
248
5
Organic Chemicals §
Production:
Acetylsalicylic acid (aspirin)
Creosote oil
Ethyl acetate (85%)
Formaldehyde (37% HCHO)
mil. lb..
mil. gal..
mil lb
do....
'277 1
1
5,720.7
'22.6
'81.0
'2326
'4,691. 1
24 0
443.8
20
8.5
24 3
402.3
19 9
368.2
16
5.8
19 7
334.7
17
5.7
18 8
391.3
6.6
19 2
394.6
20
43
12 9
427.5
10 3
382.4
18 7
307.0
27
45
21 2
409.7
24
56
20 3
417.8
Glycerin, refined, all grades
Methanol synthetic
Phthalic anhydride
do....
mil gal
mil. lb..
2991
'12917
'869.5
229.5
'1 094 1
'691.0
228
1109
64.7
192
95 6
68.5
187
104 2
53.7
204
97 4
57.2
164
76 7
48.0
187
77 3
69.0
215
94 3
54.4
215
83 2
58.7
138
97 1
48.0
237
88 7
57.7
22 9
75 3
60.6
mil. tax gal..
do....
5712
83.3
601.1
82.1
376
64.0
419
57.5
526
58.0
519
599
443
557
533
49 1
619
48 1
616
455
650
82 1
608
767
mil wine gal
do....
do....
2307
226.0
5.4
2825
274.9
6.5
199
185
4.8
203
202
4.5
219
217
4.7
235
224
5.1
22 1
232
4.0
25 6
255
4.0
23 7
236
3.9
319
288
5.7
353
346
6.5
35 1
345
7.4
1
81.B
ALCOHOL
Ethyl alcohol and spirits:
Production
Stocks, end of period
Denatured alcohol:
Production
Consumption (withdrawals)
Stocks, end of period
....
See footnotes at end of tables.
r
r
22 0
76 3
72.7
27
62
10 6
490.5
16 3
90 4
71.7
May
SURVEY OF CURRENT BUSINESS
S-20
1982
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
June 1983
1982
Apr.
Annual
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
91.3
10834
2864
352 1
405.5
101.9
10929
351.3
4058
392.6
104.5
115.0
1122
1 0503 1 137 1 1 139 1
3515
3458
3378
4896
4322
4595
452.0
543.5
478.1
CHEMICALS AND ALLIED PRODUCTS—Continued
PLASTICS AND RESIN MATERIALS
Production:
Phenolic resins
Polyethylene and copolymers
Polypropylene
Polystyrene and copolymers
Poly vinyl chloride and copolymers
mil. lb..
do
do....
do
do....
1
1
1,688.0
12 603.6
'4,007.8
1
59152
'5,618.4
1
1
1,209.8
12 208.9
'3,551.8
'5 060 0
1
5,370.7
103.7
9555
321.8
414 4
426.2
102.5
9423
287.8
4354
491.4
7410
362.9
2203
157.9
7912
415.9
2228
152.5
102.7
9447
271.6
4222
490.5
89.7
9744
261.0
432 1
374.3
91.8
101.1
1 0537 10537
273.1
280.4
4605
441 1
481.0
408.5
107.0
9984
287.5
4340
454.9
93.4
1020 1
311.0
421 1
452.4
6564
3024
2064
147.6
5890
254.7
2025
131.8
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly
Paints, varnish, and lacquer, shipments:
Total shipments
.... ..
Architectural coatings
Product finishes (OEM)
.
Soecial ouroose coatines
mil. lb..
3,003.6
2,514.9
mil $
do....
do
do....
83957
3,968.9
27372
1.689.5
82993
4,051.7
25483
1.699.3
675.1
835 1
433.6
2354
166.1
582.9
7449
390.7
2040
150.2
7982
408.7
2226
166.9
7738
379.3
2344
160.1
569.9
5332
239.1
1818
112.3
487.5
5
5190
5
231.6
5
171
1
5
116.3
r
5493
r
256.5
1764
r
l!6.3
6887
346.3
1958
146.5
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production:
Electric utilities total
By fuels
By waterpower
mil kw -hr 2 294 812 2,241 211 172 580 177 147 186 128 210 584 205 656 180 662 172 966 173 377 184 722 195 680 172 485 182 494
do.... 2,034,129 1,931,998 144,652 149,176 158,176 183 289 181 761 160,767 153,215 150 081 156,962 166 361 144 536 152 193
do
260 684 309 213 27928 27971 27953 27294 23894 19896 19750 23297 27760 29318 27950 30302
Sales to ultimate customers, total (Edison Electric
Institute) $
mil. kw.-hr.. 2,153,796 32,115,350
541 426 3555 609
* Commercial §
do
Industrial §
do... 799,885 3740,193
512,758
133 118
188 374
563,084
151 910
193 918
510,039
135 801
181,910
526 540
125 226
187 908
3
4,145
742619
1,006
171 862
1,038
198 141
1,042
173 001
1,191
193 729
Railways and railroads
Residential or domestic
do....
do
4,091
735 724
Street and highway lighting
Other public authorities
Interdepartmental
do
do....
do
14975
51,055
6640
Revenue from sales to ultimate customers (Edison
Electric Institute) $
mil. $..
111,584
3
3
14,866
3
51,772
3
3458
13,358
1 581
3633
12,901
1 543
3930
12,861
1 494
3752
13524
1 211
122,026
29,440
33,485
29,440
30803
6 145
3
GAS
Total utility gas, quarterly
(American Gas Association):
Customers end of period total
Residential
Commercial
Industrial
Other
Sales to customers total
Residential
Commercial...
Industrial
Other
...
Revenue from sales to customers, total
Residential
Commercial
Industrial . .
Other
thous
48,013
48,418
48,253
47894
48,418
do.
do
do
do
44,209
3570
186
48
44,567
3620
183
48
44,405
3613
187
48
44,116
3546
184
48
44,567
3620
183
48
tril Btu
15380
'14 157
3051
2399
3302
do
do....
do
do
4601
2,360
8220
199
'4733
'2,444
'6769
1
212
876
459
1674
42
405
285
1670
39
1 151
614
1 483
54
mil. $..
56,340
'63,362
13,348
10,789
16,179
do
do
do....
do....
19218
9231
27,246
645
'23 665
'11538
'27,296
'864
4408
2 162
6,607
172
2395
1409
6,832
152
6406
3 175
6,361
237
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
Taxable withdrawals
Stocks end of period
...
..
193.69
176.70
12.95
mil bbl
do....
do
Distilled spirits (total):
Production
mil tax gal
Consumption, apparent, for beverage
2
19621
176.58
13.22
1762
15.82
15.83
1822
16.56
15.59
18 19
17.22
15.28
17 17
16.10
1445
19.50
16.26
14.31
1564
14.88
13.99
1507
13.83
14.00
1365
13.14
13.43
13.31
12.27
13.22
14.77
12.79
13.89
1456
12.66
14.46
16.78
15.07
16.05
152.03
r
13.59
10.98
10.83
685
6.57
10.50
14.68
13.95
11.24
11.14
4
437 66
604.43
C
106 03
36 13
621.06
798
3329
616.72
9 12
3720
616.84
1086
3347
614.96
729
3274
565.60
°896
3493
604.93
987
3633
605.53
1275
43 13
603.68
1175
5168
604.43
829
605.23
1241
490
724
656
!37.84
Stocks, end of period $
Imports
mil. tax gal..
mil proof gal
449 45
613.78
11793
Whisky:
Production i
Stocks end of period $
Imports
mil tax gal
do
mil. proof gal..
9668
54107
86.53
9096
53339
76.60
1020
54776
5.91
754
54725
6.88
781
54548
8.09
494
54459
5.40
457
50107
5.88
666
53959
7.19
831
53600
9.89
773
53369
8.18
663
53339
5.54
656
53296
9.59
3.02
4.95
4.43
mil wine gal
do....
do....
...
...
do
3073
27.27
11.53
7.66
3078
29.03
13.15
835
192
1.62
13.59
052
2 18
2.57
13.36
067
292
1.98
13.65
070
251
1.21
15.52
052
3.11
2.17
15.56
0.67
339
1.90
16.52
071
377
6.55
14.64
0.81
270
2.85
14.02
1 13
2.50
3.99
13.15
1.29
280
1.45
14.31
1.01
2 16
1.01
15.16
051
227
2.28
15.14
0.62
077
Still wines:
Production $
Taxable withdrawals £
Stocks end of period $
Imports
do....
do
do
do....
466.23
36364
604.41
107.60
554.01
396 24
695.27
C
113.79
4.87
3003
492.03
C
8.17
3.81
2862
467.53
9.45
4.97
3096
435.01
10.61
5.18
2576
40823
8.83
29.96
29 17
395.40
9.99
162.79
27 10
512.20
9.93
229.61
34 14
702.10
9.13
72.07
71 06
705.62
11.94
23.64
2958
695.27
11.47
7.50
25 16
670.70
12.42
6.12
2642
654.75
7.78
5.58
3306
620.77
8.41
8.58
Distilling materials produced at wineries
do....
188.20
190.23
11.35
1.37
2.08
1.86
11.68
43.17
71.36
27.96
9.61
7.39
10.09
9.87
Wines and distilling materials:
Effervescent wines:
Production
Taxable withdrawals
Stocks, end of period
Imports
See footnotes at end of tables.
r
May
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
Apr.
Annual
S-21
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory) @
Stocks cold storage end of period
Price, wholesale, 92 score (N.Y.)
mil. lb..
do
$ per lb..
1,228.2
429.2
1
1.535
1,257.0
4668
(7)
mil lb
do....
4 277.6
2,642.3
45398
2,750.5
Cheese:
Production (factory) total @
American, whole milk @
Stocks, cold storage, end of period
do....
American whole milk
.
do
Imports
do....
Price, wholesale, cheddar, single daisies
(Chicago)
$ per lb..
Condensed and evaporated milk:
Production case goods @
.
mil lb
Stocks, manufacturers', case goods, end of
period
mil lb
8
334.0
8
168
18.8
1.672
1.684
1684
1684
7349
519
300.0
4668
9
133.9
9
120.7
5279
126.1
533 1
18 202 9
759.4
1 1213
673.2
1 1415
655.7
9
3749
9
3526
216.3
4169
255.7
8
803.9
8
963.5
8808
269.3
460
256.4
5100
8
709.6
6230
247.7
7579
5416
193
133,013
76391
13.80
135 795
79098
r
!3.60
Dry milk:
Production:
Dry whole milk @
. .
Nonfat dry milk (human food) @
mil lb
do....
92.7
1 314.3
1022
1,400.6
8
do
do....
60
86.7
60
93.3
8
Exports, whole and nonfat (human food)
do....
Price, manufacturers' average selling, nonfat dry
milk (human food)
$ per lb..
198.0
187.8
0.939
'0.936
3,918.3
3,524.8
do
Stocks, manufacturers', end of period:
Dry whole milk
Nonfat dry milk (human food)
182
22.7
864.3
765 1
25.6
24.6
287
963.5
8808
46.8
1.684
1684
1684
1.683
1.686
1686
1.686
1680
18
18
!3.50
13.20
1956
1840
181 6
8
1033
519
9
25
24
06
8
35,723
8
r
18.2
11.4
1,015.5
9
9282
24.4
9
89 1
349
Exports
233.2
9
7123
20.6
8
Fluid milk:
Production on farms $
do....
Utilization in mfd dairy products @
do
Price, wholesale, U.S. average
$ per 100 lb..
4854
21 652
13.20
13.20
13.30
05
03
33,983
19470
13.60
13.80
13.90
32,854
18445
13.90
8
294
417.5
22.4
339.0
243
296.9
8
96
127.5
73
89.8
60
93.3
20.4
23.1
16.7
13.7
12.1
22.4
126.5
5497
1 073.5 1,103.2 1,116.7 1,135.9
9850 1 0179 1 030 8 10449
22.6
22.1
17.5
1.666
1.666
1.666
545
51 7
574
597
514
48 4
607
01
02
04
04
11 292
6760
13.80
10,627
6400
13.80
12,036
7409
13.60
11,933
7293
13.50
9
85
117.7
76
115.7
10.5
135.0
9.1
137.2
9
50
84.4
38
92.5
5.0
81.4
5.0
89.5
9
9
9
19.5
2.9
27.9
23.6
°0.940
0.942
0.942
0.943
329.4
318.2
310.9
279.8
10.4
l
5747
408 1
261.4
514
06
03
r
1.675
12,487
P
13.30
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat)
Barley:
Production (crop estimate) U
Stocks (domestic) end of period total $
On farms $
Off farms
Exports including malt §
Corn:
Production (crop estimate grain only) H
Stocks (domestic), end of period, total $
On farms $
Off farms
Exports including meal and flour
Oats:
Production (crop estimate) |j
Stocks (domestic), end of period, total t
On farms $
. . .
Off farms
mil. bu..
2
do
mil bu
do....
do..
do....
do
mil. bu
do....
do
do
Exports including oatmeal
do
Price, wholesale, No. 2, white (Minneapolis)
$ per bu
Rice:
Production (crop estimate)
mil. bags $
California mills:
Receipts domestic rough
.
. . mil lb
Shipments from mills, milled
rice
do....
Stocks, rough and cleaned (cleaned basis), end
of period
mil lb
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil. lb..
Shipments from mills milled
rice
do
Stocks, domestic, rough and cleaned (cleaned
basis) end of period
mil lb
8 201 6
6,967.7
5 033.8
1,933.8
2 1593
2
5092
365.2
314 1
51 1
mil bu
do....
Wheat:
Production (crop estimate) total If
mil bu
Winter wheat ]J
Distribution quarterly @ @
do
do .
664
19249
248.5
245.8
268.7
269.1
5014
3534
1480
149
7
4
94.1
4
557
75
39
63
49
86
3
3,904.1
3
2 758.5
3
264.9
57
r
2967
198.5
r
982
4181
293.9
1242
15
30
5
2,285.9
5
13560
5
1,145.6
1950
2124
6170
473.7
3979
758
58
19
76
37
15
"2226
4
142.9
4
797
02
929.9
1798
1198
1128
1074
r
6,364.4
4,411.0
1,953.4
8,423.8
6,156.9
2,266.9
1665
1698
1738
1749
161 5
1696
5,079.8
3,250.8
1,829.0
1576
"152.0
4
1272
4
24 8
4
229.1
4
190.6
4
332.5
272.5
r
599
473.7
3979
758
581.3
4860
953
385
08
06
08
03
03
03
08
02
03
01
02
01
03
(7)
2
1827
2
1542
3359
2,267
2986
1,619
202
129
204
210
77
279
723
161
225
332
76
110
505
81
346
63
139
47
140
103
189
162
145
152
240
166
510
503
639
577
356
344
174
108
369
462
503
491
428
385
381
10,821
7354
11,482
7020
702
662
552
602
406
583
434
505
1,198
559
3,278
615
1,507
541
714
542
720
550
588
403
712
569
526
668
357
495
2763
3 170
1868
1610
1308
1 012
1270
2826
3276
3232
3 170
3 186
3064
2684
2451
6801
5516
487
661
538
370
809
320
431
199
307
241
316
490
446
0.256
0.166
0 158
0 165
0.163
0 160
0 165
0.165
0.165
0.155
0.180
0.170
0.165
0.165
0.165
2
2
2
2
188
7.9
2799
2
695
2 104
2526
2
208
109
4
31
165
109
0.170
4
8.0
6.4
2809
2
700
2
2 108
r
11
6
Exports, total, including flour
Wheat only
1,647.7
16108
1,527.5
14936
987
4
2,987.1
1,421.0
1 5660
1,163.9
4
581.0
4
5829
154.1
1474
118.9
114.8
r
6
394
2473
2,520.5
1,166.1
13545
243.7
2
2,178.0
955.6
12224
See footnotes at end of tables.
4
8 397 3
8,423.8
6 1569
2,266.9
Stocks (domestic), end of period, total $
do....
On farms $
do....
Off farms
. .. do.
do....
do....
344.8
2
128
Exports
do.. .
Price, wholesale, No. 2, medium grain (Southwest Louisiana)
$ per lb..
Rye:
Production (crop estimate) U
Stocks (domestic) end of period $
522.4
418 1
2939
1242
959
2
339.4
2
479.3
333 1
231.2
1019
do....
do
do..
do
353.7
157.9
155.7
118.7
117.9
126.8
124.0
132.4
130.8
99.9
98.5
96.0
94.1
470
654
2,520.5
1,166.1
1,354.5
1,877.0
r
886.3
r
990.7
88.9
88.5
146.8
143.1
155.0
146.3
137.4
131.1
4
1,883
1,541.4
4
694.8
4
846.5
121.7
111.8
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1982
1981
June 1983
1982
Apr.
Annual
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
23,393
r
425
52,713
26,762
489
58,692
Apr.
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
283,966
5045
634,381
284,965
5 136
640,158
22,474
403
50,348
21,886
393
49,018
22,471
406
50,215
23,153
424
52,333
3460
15839
4276
14518
2858
1760
3744
944
352
10.844
10 347
10.545
10600
10.538
10425
10.550
10.500
10.538
15058
15 146
1227
1223
1360
1306
392
238
345
204
0.265
0.250
1940
1936
35
22
34
25
0.690
0.668
2478
32819
2729
33,907
63.84
64.26
7725
64.30
62.79
7770
87,850
79,328
44.29
55.21
52.16
58.35
59.01
149
224
20 1
218
224
5789
6,273
52.23
53.98
59.50
66.25
60.50
38675
578
1847
1832
37266
554
1566
2,015
131
169
167
167
9097
2
504
147
215
22629
266
486
1317
22789
302
540
1446
40
130
52
116
0.998
1.013
1.095
1.151
1
r
24,213
435
54,340
24,965
450
56,328
23,867
429
53,778
24,473
441
54,783
24,425
445
54,765
3563
698
593
824
4276
185
1587
3734
3689
2692
4256
10.188
10.475
10.388
10.463
10.450
10.163
10200
10.300
10.753
10.813
1377
1364
1337
1270
1223
1221
1 110
1342
1265
345
204
4
329
4
194
313
188
326
185
0.235
0.240
24,669
448
55,826
1 196
10.950
POULTRY AND EGGS
Poultry:
Slaughter
mil lb
Stocks, cold storage (frozen), end of period, total
mil lb
Turkeys
do
Price, in Georgia producing area, live broilers
$ per lb..
Eggs:
Production on farms . .
mil cases §
Stocks, cold storage, end of period:
Shell
thous cases §
Frozen
mil. lb..
Price, wholesale, large (delivered; Chicago)
$ per doz..
2
425
2
565
436
282
0.240
0.265
0.275
0.265
0.250
488
0.255
29
28
23
0.604
0.608
0.235
0.617
0.616
0.659
0.668
0.662
346
192
359
209
0.265
0.245
0.240
0.255
164
148
164
155
158
34
25
4
35
4
28
25
28
18
25
0.641
0.602
0.627
4
221
2893
59.33
63.70
7588
4
484
2
32
2
0.683
0.240
479
r
r
23
24
32
23
0.662
0.649
0.684
204
2554
246
2828
202
2615
194
2820
61.20
66.34
7500
64.03
66.71
7550
67.70
65.90
77 12
67.51
63.88
7600
6421
5,762
7,339
7010
6816
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
Cattle
thous animals
do.
Prices, wholesale:
Beef steers (Omaha)
$ per 100 lb..
Steers, stocker and feeder (Kansas City) .... do....
Calves vealers (So St Paul)
do
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..
609
8 192
69.11
64.72
7800
72.10
66.07
8288
70.18
63.70
8500
692
8770
66.18
64.17
8484
65.14
66.42
81 12
61.25
63.55
8460
726
8762
58.78
62.21
7500
58.91
61.24
7500
18,310
20043
59.70
r
23 1
63.18
r
266
63.12
r
285
59.82
59.17
7840
20068
53.90
55.23
57.24
57.78
51.37
47.84
47.40
282
246
237
234
219
186
160
15 6
48.25
46.75
48.50
4
509
457
617
508
508
53.50
58.50
59.75
58.75
59.00
4
2 786
571
104
177
3268
581
136
170
3038
r
603
133
178
3 147
'616
4
1961
4
310
44
153
1738
315
42
127
1929
306
55
112
1r 758
285
46
123
1 890
273
0.939
0.966
1.006
1.078
1.050
30
4
8
27
g
36
8
30
8
30
9
1634
50.50
50.00
111
158
108
234
9 165
474
112
246
133
194
143
124
9659
554
115
114
5462
2
197
49
158
40
113
41
180
5837
254
42
194
52
146
56
67
5928
302
43
69
1.112
1.026
1.008
0.955
0.930
0.929
0.926
57.25
4
57.27
1,577
1493
4
MEATS
Total meats (excluding lard):
Production total
Stocks, cold storage, end of period
Exports (meat and meat preparations)
Imports (meat and meat preparations)
mil lb
do....
do
do....
Beef and veal:
Production total
..
do
Stocks, cold storage, end of period
do....
Exports
.. .
. do
Imports
do....
Price, wholesale, beef, fresh, steer carcasses,
choice (600-700 Ibs.) (Central U.S.)
$ per lb..
Lamb and mutton:
Production total
Stocks cold storage end of period
mil lb
do
34151
573
114
208
4
328
11
356
9
85
2
8
88
9
93
9
15719
264
347
432
14 121
219
282
498
19
42
18
45
17
43
22
51
3638
219
19
40
14159
224
15
50
1021
216
18
42
1303
235
21
49
1250
r
273
32
48
1227
293
42
43
3240
183
16
44
4
22
34
3550
2
264
32
50
2665
1.137
2979
1.277
2837
1.186
2892
1.301
2994
1.386
2996
1.376
3056
1.366
3275
1.415
3427
1.349
3420
1.232
3532
1.229
r
3306
1.291
3230
1.369
3143
1.219
2895
1.180
2813
1.162
2450
1.085
1942
0.924
153
0.990
168
0.940
11 9
0.800
130
0.830
203
0.860
143
0.870
144
0.880
144
0.820
174
0.850
460
0.910
427
1.020
190
0.990
38
0.960
1.000
do
do....
$ per lb..
mil. $..
(33)
()
16555
3243
1.594
5,189
17416
3372
1.420
5,456
1 147
227
1.450
390
1476
299
1.450
338
1335
213
1.450
360
1282
264
1.450
330
1602
307
1.450
491
1640
412
1.450
608
2005
445
1.450
570
1356
196
1.330
510
1602
346
1.330
469
1 556
384
1.330
(3)
1 332
310
1.330
1 373
232
1.330
1 253
259
1.415
1.415
mil. lb..
350
383
287
258
290
337
374
380
379
386
383
347
306
298
286
"288
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..
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (incl shells)
thous Ig tons
Price, wholesale, Accra (New York)
$ per lb..
Coffee (green):
Inventories (roasters', importers', dealers'),
end of period
thous. bags U..
Roastings (green weight)
do....
Imports total
.
From Brazil
Price, wholesale, Santos, No. 4 (N.Y.)
Confectionery, manufacturers' sales @
Fish:
Stocks, cold storage, end of period
See footnotes at end of tables.
S-23
SURVEY OF CURRENT BUSINESS
one 1983
aless otherwise stated in footnotes below, data
trough 1978 and descriptive notes are as shown
i the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
1982
Apr.
June
May
1983
Aug.
July
Sept.
Nov.
Oct.
Jan.
Dec.
Mar.
Feb.
Apr.
May
FOOD AND KINDRED PRODUCTS; TOBACCO—Cont.
MISCELLANEOUS FOOD PRODUCTS—Cont.
igar (United States):
Deliveries and supply (raw basis): §
Production and receipts:
Production
thous. sh. tons..
5,157
(4)
do
do....
do....
10,922
9,731
3,311
8( )
Exports, raw and refined
sh. tons..
979,157
58,512
2,953
2,837
15,619
2,212
1,478
1,751
4,551
1,299
837
1,624
934
1,308
1,236
Imports, raw and refined
thous. sh. tons..
5,054
2,616
215
142
218
360
133
90
520
167
133
164
219
140
238
$ per lb..
do
0.198
0.303
0.176
0.280
0.195
0.300
0.208
0.300
thous. lb..
190,254
(44)
()
182,613
13,176
16,518
14,309
(44)
()
14,286
15,598
17,425
16,207
18,222
12,567
13,748
15,092
14,170
15,799
mil lb
'2,064
Deliveries total
For domestic consumption
Stocks, raw and ref., end of period
Prices, wholesale (New York):
Raw
Refined (excl excise tax)
'ea, imports
4
TOBACCO
-eaf:
Production (crop estimate)
Stocks, dealers' and manufacturers',
end of period $
Exports, incl. scrap and stems
Imports, incl. scrap and stems
Manufactured:
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt .. .
Taxable
Cigars (large) taxable
Exports, cigarettes
1
1,982
mil lb
thous. lb..
do....
5,080
575,255
335,920
5,371
C
562,260
295,740
41,756
22,659
53,960
24,820
4,675
37,226
25,012
23,910
17,725
30,179
41,903
5034
24,805
25,541
74,480
29,006
92,236
29,126
5,371
50,528
11,714
24,189
23,898
38,339
19,565
45,958
23,013
43,953
29,965
millions
do....
do
do....
92,006
638,114
3,258
82.582
82,078
614,017
3,056
73.585
6,577
48,368
248
5.540
5,919
48,240
269
5.670
6,265
60,590
292
5.797
5,784
49,167
234
4.461
7,595
55,802
279
5.844
6,789
56,655
291
5.894
6,415
54,068
259
6.734
6,766
49,538
261
6.144
5,915
33,075
220
5.589
6,828
48,686
229
5.614
6,091
42,701
197
5.811
4.249
4.319
12,453
15,078
15,200
31,757
LEATHER AND PRODUCTS
LEATHER
Exports:
Upper and lining leather
thous. sq. ft..
Price, producer:
Sole bends light
159,804
15,534
17,449
18,610
18,486
12,065
10,417
11,842
9,726
10,786
11,052
380 383
331 388
27685
28566
28629
23993
28310
28943
28897
26320
23512
27,831
r
31,618
289,745
74662
15*976
3,556
247,047
67704
16637
4,030
20,405
5 865
1415
371
21,490
5 709
1367
331
20,859
6 468
1302
378
19,251
3958
784
268
20,735
6082
1493
267
21,224
6327
1392
354
20,697
6620
1*580
394
19,075
5911
1334
365
18,231
3890
1391
267
21,161
5 133
1537
433
r
24,423
r
5 138
r
2r 196
447
24,066
5637
1915
534
9,688
7,717
839
693
742
636
577
595
649
635
536
497
436
637
192,193
2
index 1967—100
3067
LEATHER MANUFACTURES
Footwear:
Production total ...
. thous. pairs
Shoes, sandals, and play shoes, except athletic
thous. pairs..
Slippers
do
Athletic
do
Other footwear
do....
Exports
do....
Prices, producer: *
Men's leather upper, dress and casual
index, 12/80=100..
Women's leather upper
Women's plastic upper
index, 1967=100..
index, 12/80=100..
r
553
103.1
105.2
105.8
106.0
101.2
106.2
106.3
106.4
107.0
107.0
104.5
!05.2
105.2
106.6
107.0
104.6
214.4
99.6
215.8
97.9
215.6
98.3
214.1
98.3
218.5
98.5
219.0
99.1
219.5
99.1
220.0
99.7
221.8
99.8
221.8
99.8
221.8
99.2
218.5
99.1
219.8
99.2
220.4
98.7
220.2
98.9
224.6
99.9
LUMBER AND PRODUCTS
LUMBER—ALL TYPES #
National Forest Products Association:
Production total .
Hardwoods
Softwoods
Shipments total
Hardwoods
Softwoods
mil bd ft
do
do
do
do
do .
3
29
592
3
6835
22757
3
29
491
3
6655
22836
3
26
960
3
5077
21883
3
27
163
3
5 261
21 902
2281
416
1865
2 336
427
1909
2251
419
1822
2 308
465
1843
2338
443
1895
2 513
438
2075
2376
388
1988
2363
381
1982
2560
382
2178
2 450
377
2073
2445
393
2052
2 260
396
1864
2333
400
1933
2 506
407
2099
2247
391
1856
2 353
398
1955
2004
337
1667
2 162
360
1802
2484
397
2087
2 435
419
2,016
2481
412
2069
2 290
437
1,853
2682
394
2288
2632
'435
2197
5997
1,655
4342
do
do ...
do
5927
1945
3982
5 724
1761
3963
5 983
1827
4 156
5 915
1786
4 129
5 853
1789
4064
5867
1797
4070
5 977
1802
4 175
6 163
1799
4364
5 986
l'789
4 179
5881
1*783
4098
5724
1761
3963
5770
1,735
4035
5950
1,699
4251
do
9518
9421
792
848
888
874
888
962
758
916
781
879
933
1 055
mil bd ft
do ...
6393
429
6025
612
473
487
486
481
550
500
504
488
569
494
481
501
573
510
573
572
537
612
683
707
505
666
656
698
Production
Shipments
Stocks (gross) mill end of period
do....
do
do
6395
6463
844
5783
5842
853
465
482
941
482
492
931
472
530
939
520
516
943
556
563
936
512
474
974
490
564
900
509
511
898
452
497
853
642
588
907
612
546
973
696
624
1,045
Exports, total sawmill products
Sawed timber
Boards, planks, scantlings, etc
do....
do....
do....
523
129
394
471
125
345
46
14
32
48
14
35
40
9
30
31
8
23
42
14
28
31
7
24
41
8
33
31
6
25
39
8
31
41
11
30
45
7
38
51
16
35
Stocks (gross) mill end of period total
Hardwoods
Softwoods
Imports total sawmill products
885
SOFTWOODS
Douglas fir:
Orders new
Orders unfilled end of period
Price, wholesale:
Dimension, construction, dried, 2" x 4", R.L.
$ oer M bd. ft..
footnotes at end of tables.
60
17
43
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
1981
1982
Annual
June 1!
1982
Apr.
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
Ma
LUMBER AND PRODUCTS—Continued
SOFTWOODS—Continued
Southern pine:
Orders new
mil bd ft
Orders unfilled end of period
do....
Production
do....
Shipments
do
Stocks (gross), mill and concentration yards, end
of period
mil. bd. ft..
Exports, total sawmill products
thous. bd. ft..
Prices, wholesale (indexes):
Boards, No. 2 and better, 1" x 6", R.L.
1967-100..
Flooring, C and better, F. G., 1" x 4", S.L.
1967-100..
Western pine:
Orders new
Orders, unfilled, end of period
Production
Shipments
.mil bd ft..
do....
do....
do.
Stocks (gross) mill end of period
do...
Price, wholesale, Ponderosa, boards, No. 3,
1" x 12" R L (6' and over)
$ per M bd ft
J
6 128
418
1
6,143
*6 129
'6016
438
486
446
513
463
599
467
493
409
537
427
508
401
607
438
512
435
488
438
590
476
486
486
615
528
I
e,l86
'5996
515
516
490
496
556
595
547
551
582
519
643
534
563
570
513
515
505
485
521
552
515
476
561
573
1,456
1,284
1,474
1,340
1,334
1,295
1,291
1,354
1,483
1,471
23,660
19,318
26,989
18,752
17,778
19,908
1,454
22,203
1444
245,221
1,464
22,926
1,474
227,020
20,273
19,753
18,314
18,375
21,244
7235
219
7,261
7342
1 104
7017
324
608
302
605
331
609
305
629
304
741
337
609
357
684
365
663
364
526
324
661
390
568
389
718
422
6,803
6912
621
639
572
576
603
634
642
630
726
708
603
590
605
676
598
664
504
566
601
595
636
569
711
685
1040
1 187
1 183
1 196
1208
1226
1239
1 168
1 102
1040
1046
1 113
1 139
2.8
83.1
10.1
4.8
75.0
12.0
1.9
6.0
10.5
1.8
6.0
10.2
21
6.2
11.8
2.2
5.8
11.4
3.3
6.7
11.3
2.7
7.3
10.4
2.8
6.7
10.6
3.4
6.3
10.9
4.8
6.2
12.0
6.7
8.0
9.3
6.4
6.5
8.7
6.5
8.7
8.4
6.4
8.5
7.3
92
372
89
563
1
106
564
1
1,182
58
1
HARDWOOD FLOORING
Oak:
Orders unfilled end of period
Shipments
Stocks (gross), mill, end of period
.
mil. bd ft.
do....
do....
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
Scrap
Pig iron
. thous. sh. tons..
do....
do ..
2,904
^tfe
16
do....
do
do....
19,898
*562
433
Production
thous. sh. tons..
Receipts net
do
Consumption
do....
Stocks end of period
do
Prices, steel scrap, No. 1 heavy melting:
Composite
$ per Ig. ton..
Pittsburgh district
do
'43,260
Ml 981
'85,097
8118
.
Imports:
Steel mill products
Scrap
.
Pig iron
. ..
1,842
6,804
54
148
507
1
194
812
1
180
806
6
146
577
1
152
542
1
158
607
18
133
434
1
109
620
21
97
375
(2)
95
625
1
16,663
474
322
1,029
41
48
1,696
57
71
1,784
49
35
1,113
37
9
1,451
45
15
1,191
37
14
1,146
35
41
1,258
38
11
1,090
27
13
1,098
35
5
1,158
29
7
1,113
78
1
27,840
27 477
'56,452
6421
2,597
2779
5,391
7716
2,418
2611
5,077
7650
2,320
2303
4,715
7551
2,119
2033
4,336
7352
2,122
2 133
4,377
7 117
2,078
2 106
4,357
6954
1,975
2 134
4,226
6628
1,924
1773
3,757
6479
1,687
1855
3,611
6421
1,832
2223
4257
6 143
r
l,877
r
2488
r
4396
r
6069
2,332
2855
5092
6 151
90.17
10050
61.51
6671
69.98
7500
62.85
6400
55.21
5950
53.84
5750
54.77
5800
53.48
5800
52.32
5500
48.94
5150
48.61
5150
55.19
6250
61.13
6800
70.50
7900
68.64
7700
1
73,174
1
72 181
28,328
36,495
36956
14,715
5,347
2265
773
4,358
5306
1,199
2,525
4964
1865
869
4795
1,508
909
4 193
1,532
744
3943
1,424
1,470
3 161
1395
1,728
3065
898
2,365
1569
826
2,463
395
463
1,970
622
320
2,314
477
206
567
96645
94,958
5,546
60,243
12,734
36203
6,571
775
49872
55,234
3 177
52,621
16948
29923
5,750
477
2795
4,888
236
57,725
29,740
22504
5,481
55
6672
4,896
391
57,645
28,314
24 209
5,122
22
7 182
4,342
604
58,457
26380
26909
5,168
58
6746
4,705
324
59,065
25,297
28860
4,908
35
5848
4,369
57
4368
4,192
339
2655
3,565
235
52,621
16,948
29923
5,750
15
646
3,978
2
r
!268
r
54,480
17423
31501
5,556
25
3395
3,664
486
52,647
16,098
30953
5,596
32
674
3,882
57,833
22,137
30276
5,420
33
5361
4,249
501
55,774
19,042
31326
5,406
14
45,534
12997
26896
5,641
61
73,570
75074
859
'43,136
'44 541
580
3,967
4083
745
3,904
3975
747
3,595
3648
758
3,516
3554
728
3,277
3431
697
3,160
3261
681
3,077
3201
649
2,648
2837
603
2,712
2883
580
213.00
213.00
213.00
213.00
213.00
213.00
1
(2)
Iron and Steel Scrap
1
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 (domestic)
do....
Stocks, total, end of period
do....
At mines
do ..
At furnace yards
do
At U.S. docks
do....
Manganese (mn. content), general imports
do....
Pig Iron and Iron Products
Pig iron:
Production (including production of ferroalloys)
thous. sh. tonsConsumption
. . . . do ..
Stocks, end of period
do....
Price, basic furnace
$ per sh. ton..
Castings, gray and ductile iron:
Orders, unfilled, for sale, end of period
thous. sh. tons..
Shipments total
do
For sale
do.. .
Castings, malleable iron:
Orders, unfilled, for sale, end of period
thous. sh. tonsShipments, total
do.. .
For sale
do....
See footnotes at end of tables.
206.00
3852
42,624
14345
22904
5,375
29
5,201
(2)
39,615
16 184
18909
4,522
37
17292
3,711
20
3,192
3266
659
3,264
3 175
641
4,206
4 141
626
4,333
4420
630
(2)
736
11801
6,587
536
8222
4681
696
771
445
651
741
432
610
756
428
611
616
359
608
630
404
575
631
369
505
618
351
521
584
334
536
450
266
570
625
366
582
655
370
32
422
200
14
285
120
25
28
12
24
27
12
24
29
11
16
21
7
16
23
10
15
22
8
13
19
7
13
18
7
14
18
6
17
21
7
16
23
8
60.0
675
S-25
SURVEY OF CURRENT BUSINESS
line 1983
nless otherwise stated in footnotes below, data
rough 1978 and descriptive notes are as shown
the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
Apr.
Annual
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
METALS AND MANUFACTURES—Continued
|
Steel, Haw and Semifinished
;eel (raw):
Production
Rate of capability utilization
thous sh tons 120828
percent..
78.3
*72 903
47.3
7006
55.2
6678
50.9
6050
47.7
5719
43.8
5538
42.4
5299
41.9
5262
40.2
4546
35.9
4456
34.0
5570
43.4
5676
49.0
373
1743
1,558
161
1023
926
304
113
103
276
101
93
250
91
82
232
63
56
222
65
58
213
68
62
181
63
56
172
56
50
161
45
39
162
53
48
157
54
48
87014
59 783
5488
5 149
5372
4514
4724
4760
4309
4088
4234
4583
5598
4,903
7397
1458
3408
3,424
4 136
782
318
321
393
73
306
290
330
74
291
284
316
68
257
272
259
56
269
265
300
41
283
280
269
44
291
321
261
36
260
237
260
49
255
210
260
51
229
237
254
42
9440
4,857
3526
1,013
865
470
298
93
846
434
321
87
855
440
319
92
668
304
296
66
766
361
325
76
746
347
322
73
715
238
323
68
639
280
293
64
615
312
241
59
602
125
328
2,462
828
1005
476
123
338
2,367
759
957
274
113
331
2,285
758
884
246
112
386
2,340
746
919
228
113
502
2,295
665
915
220
108
251
2,189
657
878
224
89
266
2,063
637
832
220
83
294
2,247
656
974
teel castings:
Orders, unfilled, for sale, end of period
thous. sh. tons..
Shipments total
do .
For sale, total
do....
7 127
55.5
7292
58.9
4588
5969
5399
278
239
251
55
297
206
341
81
298
240
305
78
756
415
253
85
756
366
232
75
1078
588
422
94
892
446
350
92
232
98
380
2,355
769
941
224
99
321
2,366
797
940
283
131
406
3,045
1000
1239
252
124
369
2,841
958
1 126
Steel Mill Products
iteel products, net shipments:
Total (all grades)
thous. sh tons
By product:
Semifinished products
.
do
Structural shapes (heavy), steel piling
do....
Plates
do
Rails and accessories
do. ..
Bars and tool steel total
Bars: Hot rolled (incl. light shapes)
Bars' Reinforcing
Bars: Cold finished
do....
do....
do. ..
do....
13828
1
7,770
4371
1,620
Pipe and tubing
Wire and wire products
Tin mill products
Sheets and strip (incl. electrical), total
Sheets- Hot rolled
Sheets- Cold rolled
do
do. .
do....
do....
do....
do
10286
1694
4,927
36,924
13451
14396
5026
l'332
4,321
27,914
9052
11 132
By market (quarterly):
Service centers and distributors
Construction, incl. maintenance
Contractors' products
Automotive
Rail transportation
. . .
Machinery, industrial equip., tools
Containers, packaging, ship, materials
Other
do....
do....
do. ..
do....
do
do....
do....
do...
17,637
J
8,446
3230
13,154
2 162
4,624
5,292
1
32 469
12972
6,260
2290
'9,295
1030
2,582
4,471
'20 883
30.0
22.1
28.8
28.1
26.9
26.5
25.8
24.8
24.0
23.0
22.1
22.1
22.0
113
74
81
53
110
70
109
69
104
65
102
65
99
63
96
60
93
58
86
56
81
53
81
51
79
53
Steel mill shapes and forms, inventories, end of
period —total for the specified sectors:
mil. sh. tons..
Producing mills, inventory, end of period:
Steel in process
. .
.
.. mil. sh tons.
Finished steel
do
Service centers (warehouses), inventory, end of
period
mil. sh. tons..
Consumers (manufacturers only):
Inventory end of period
do....
Receipts during period
do
Consumption during period
do....
1
388
123
386
2,661
848
1 069
3099
1,568
548
2,311
183
491
1,252
4546
3213
1,651
598
2,791
277
689
1,115
5676
3029
1,379
543
2,036
159
446
837
4201
2
3539
1,370
634
2,453
203
538
1,133
5,270
1236
2
506
2
207
2
982
2
85
2
182
2
384
2
1,816
5.4
4.7
5.1
5.0
5.1
5.0
5.0
4.8
4.7
4.7
4.7
4.7
4.7
5.9
717
72.4
4.1
549
56.7
5.7
50
52
5.3
48
5.2
49
47
51
4.8
43
44
46
44
46
4.4
45
4.7
4.2
47
4.4
4.1
38
3.9
4.0
34
3.4
4.2
42
4.1
4.1
40
4.1
1
4948
1,913
3609
2,045
319
170
321
167
300
188
297
182
287
186
271
181
275
180
266
164
275
157
279
164
246
160
do....
do
1
7W.7
1425
6794
2143
610
14 1
510
195
665
155
422
167
782
179
52.8
169
527
189
60.1
182
47.8
175
53.1
22 1
47.0
217
36.6
24 1
73.7
21.8
do
do
3442
1281 9
4012
200 1
266
15 4
199
16 4
485
19 9
242
13 3
426
14 3
236
22 0
595
20 4
42 1
12 1
273
12 6
56 1
13 9
134
132
15.4
206
51.2
159
07600
07600
07600
07600
07600
07600
07600
0.7600
0.7600
0.7600
0.7600
0.7600
0.7600
0.7600
13,237
10,328
5978
1581
11,960
9 108
5329
1 306
995
782
452
119
971
762
441
116
1,113
834
498
143
879
744
444
102
1,100
777
462
104
1,014
781
465
108
1,059
727
417
101
943
719
419
98
1,108
679
390
85
906
769
461
105
915
749
434
112
6607
6200
6 683
6 684
6 577
6626
6 508
6434
6431
6391
6200
6 102
6034
1120
1054
97 9
74
97 0
993
90 5
88
900
939
85 8
80
84 6
995
85 7
13 8
81 1
915
74 1
17 4
75 3
947
75 6
19 0
86 5
950
80 1
14 9
894
1142
98 1
16 1
81 0
1028
854
17 5
907
945
766
178
492
520
392
349
286
607
534
30.6
223
47.5
204
50.6
292
47.5
272
42.9
25.8
57.3
29.9
56.2
27.6
42.3
26.2
39.7
21.9
30 5
10
39 1
16
20 4
16
33 5
29
34 0
54
366
99
402
86
343
08
228
11
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous sh tons
Recovery from scrap (aluminum content)
do....
Imports (general):
Metal and alloys crude
Plates sheets bars etc
Exports:
Metal and alloys crude
Plates sheets bars etc
Price primary ingot 99 5% minimum .... $ per Ib .
Aluminum products:
Shipments:
Ingot and mill prod, (net ship.)
Mill products total
Sheet and plate
Castings
....
mil Ib..
do....
do
do
Inventories, total (ingot, mill products, and
scrap) end of period
mil Ib
Copper:
Production:
Mine recoverable copper
Refinery primary
From domestic ores
From foreign ores
Secondary, recovered
as refined
thous met tons
.
do
do
do
1 538 2 1 135 1
1*5440
12250
1 430 2 1 077 3
1113 8
1147 8
1
do
6319
Imports (general):
Refined, unrefined,
scrap (copper cont.)
Refined
do....
do
502.5
3593
Exports:
Refined and scrap
Refined
do
do
3406
28 1
381 1
350
2045
511
1 790
668
Consumption, refined
Stocks refined end of period
do
Price, electrolytic (wirebars), dom., delivered
$ per Ib..
See footnotes at end of tables.
0.8512
1
518.7
'2598
0.7431
0.7627
0.7487
0.7149
0.7105
0.7100
0.7106
782
96.1
77 2
189
920
120.9
1052
158
50.6
34.0
42.6
27.0
65.5
44.1
94.7
71.6
334
13.4
145
0.7
19.6
1.5
23.0
2.0
0.8022
0.8402
0.8207
390
668
407
592
485
587
r
0.7241
0.7297
0.7423
May
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
June 19
1982
Apr.
June
May
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS—Continued
Copper-base mill and foundry products, shipments
(quarterly total):
Grass mill products
Copper wire mill products (copper cont )
Brass and bronze foundry products
Lead:
Production:
Mine, recoverable lead
thous. met. tons..
Recovered 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) 1}
do ..
Scrap (lead-base, purchased), all smelters
(gross weight)
thous met tons
Price 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)
Stocks pig (industrial) end of period
Price, Straits quality (delivered)
Zinc:
Mine prod recoverable zinc
Imports (general):
Ores (zinc content)
Metal (slab blocks) . . . .
do
do
$ per Ib..
445.5
515.9
641.1
528.8
68.7
50.1
1 167 1 '10662
1
Consumption (recoverable zinc content):
Ores
Scrap all types..
.
do
. . do. .
Slab zinc: @
Production, total $
thous. met. tonsConsumption, fabricators
do. .
Exports
do
Stocks, end of period:
Producers' at smelter (ABMS)
do
Consumers'
. . . do ,
Price Prime Western
$ per Ib
MACHINERY AND EQUIPMENT
44.3
47.6
3.8
883
42.1
461
1.9
82 1
42.6
44.8
5.4
845
497
575
90
37.0
34.4
1.6
730
42.9
44.2
8.5
907
41.7
41,9
2.3
879
425
530
94
45.0
44.6
8.2
953
42.1
41.9
1.9
83.2
45.4
41.5
2.4
83.1
44.7
41.3
2.1
82.3
6.3
750
857
856
82 1
792
790
75 1
76.6
75.9
75.0
75.3
73.6
65.3
74 1
77.4
655
87.2
617
81.7
690
88.3
666
84.2
61 7
83.5
666
84.2
690
79.4
736
77.4
735
77.4
781
80.0
856
78.3
804
79.0
588
03653
335
02554
34.5
02606
327
02609
361
02476
39.3
02718
34.8
02582
31.6
02532
30.6
02319
37.1
02161
33.5
02047
27.9
02203
r
25.9
02112
21.6
02073
232
45,874
15
438
1
1587
J
54 373
'40 229
149
3,145
1005
150
5 100
3600
454
5222
6.5600
o
93
2,450
1000
155
4900
3600
375
3888
6.1255
277
2,100
1000
130
4 400
3100
256
3 152
6.1434
173
3,434
886
116
4400
3,200
368
4609
6.2443
51
1,867
914
114
4700
3,400
382
3513
6.5070
45
3,578
249
2970
6.2475
88
2,233
1008
192
4500
3200
241
3437
6.1347
34
2,365
305
2910
6.2549
194
1,697
996
121
4700
3400
175
2940
6.3904
289
2,409
1019
164
4600
3300
261
4953
6.6284
156
2,055
1025
140
5100
3700
662
4653
6.0826
186
2,742
940
145
4700
3,400
6081
5988
7.3305
1931
27,939
12368
r
!641
53450
38700
*9357
3 152
6.5392
4900
3,600
298
3815
6.6772
221
3124
*303 1
234
256
270
213
274
257
278
259
233
250
229
1177
*6119
493
'456 1
24
264
40
353
49
39.8
07
278
28
262
39
349
91
49.1
23
61.5
36
41.0
37
35.9
21
25.4
25
42.6
24
51.2
53 1
207.9
68
18.0
62
17.7
39
17.3
31
17.3
26
17.5
36
17.9
40
17.6
47
17.1
47
16.8
47
17.2
38
16.7
52
16.9
19.3
57.8
21.5
58.8
01
21.5
65.8
18.7
56.3
00
24.1
61.4
24.8
60.8
()
18.7
53.7
18.1
50.8
0.1
18.2
61.8
1.4
246
62.0
03846
219
69.7
03860
1
1
1
606
288.7
r
^93.0
1
834.2
03
254.3
697.4
03
447
819
04455
246
62.0
03847
(2)
399
60.0
03550
2,966
1065
140
5000
3600
353
60.8
03467
(2)
279
57.7
03460
205
62.0
03566
20.4
60.7
(2)
149
577
03779
(2)
159
56.1
03964
2
199
56.0
04083
(2)
215
62.2
04039
470.0
1069
225.4
Material handling equipment (industrial):
Orders (new) index seas adj
1967 — 100
3820
2492
2730
2214
2412
235 1
2095
2660
1884
2060
1507
18734
19784
13988
14859
1216
1386
1,228
1402
1,558
1567
787
931
1,207
1042
1,160
1312
1,220
1 113
1,299
1379
(3)
31885
18553
1658
1587
2216
824
1265
1484
1312
1 447
37.1
41.0
2.4
767
833
Heating, combustion, atmosphere equipment, new
orders (domestic), net, qtrly #
mil $..
Electric processing heating equipment
do
Fuel-fired processing heating equip
do. ..
Industrial trucks (electric), shipments:
Hand (motorized)
number
Rider-type
do
Industrial trucks and tractors (internal combustion
engines) shipments
number
Industrial supplies, machinery and equipment:
New orders index, seas, adjusted
1977=100..
Industrial suppliers distribution: t
Sales index seas adjusted
1977 — 100
Inflation index, not seas. adj. (tools, material
handling equip., valves, fittings, abrasives,
fasteners metal products etc)
1977—100
Fluid power products shipments indexes: *
Hydraulic products, seas, adj
1972=100.,
Pneumatic products seas adj
do
Machine tools:
Metal cutting type tools:
Orders new (net) total .
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 period
do....
See footnotes at end of tables.
39.4
37.4
8.1
709
795
123.2
thous met tons
do
do
548
634
107
2014
2393
405
2622
2847
471
mil Ib
do
do
1
53.8
18 1
14.4
73.3
175
26.9
296.9
654
128.2
20.7
59.9
(2)
22 1
65.8
03806
22.7
68.8
(2)
194
70.5
03790
590
22.4
2
()
179
03800
70.3
244
19.7
60.6
96
25.9
2158
(3)
(3)
123.4
94.6
97.3
91.1
90.9
88.3
90.8
92.1
87.8
84.1
83.6
84.7
83.9
85.9
88.2
1423
1209
1344
1235
1213
1200
1191
1159
1098
1068
1007
103.5
104.2
107.6
113.5
1443
1531
1529
1537
1538
1540
1538
1540
1537
153.5
1537
153.9
154.6
154.8
279
249
208
202
233
215
218
194
232
194
191
195
198
186
178
191
170
172
166
184
143
174
169
182
168
183
7285
6275
8580
59.10
4745
84.20
15060 15570 20430
13230 13480 18420
1,254.4 1,161.5 1,043.0
5705
5135
10740
93.40
992.6
7740
69.55
12880
11670
941.2
3515
33.50
5985
41 50
150.6
3480
28.95
4545
3805
140.0
20 10
18.70
2955
2655
130.5
2 228 10 1 064 45
1 945.80
889.60
4 104 50 2 894 75
3 552 45 2 598.60
2,873.3
1,043.0
71675
616.85
991 10
82420
427.0
43330
371.75
70965
59975
150.6
115 10
6800
107.55
53.75
23945 24660
21460 224 15
2,200.8 2,022.2
3770
2995
6000
5630
299.4
3795
2740
4925
4490
288.2
6045
9165
7040
5260
55.15
57.55
49.25
47.20
32460 20355 21250 22440
29655 17375 184.30 192.65
1,789.2 1,656.0 1,504.0 1,332.2
3425
2925
8455
7535
237.8
36 15
30.40
4680
4065
227.2
2605
22.70
4470
3890
208.6
3430
30.20
5145
4595
191.4
4635
42.55
5010
4225
187.6
2545
21.90
3780
3370
175.3
178
!90
r
184
177
8965 PP7985
8495
74 15
134 40 P11350
11970 "10135
896.5 P862.8
3585
3250
4185
3640
124.5
P
3930
P
3740
P
3785
P
3500
p
126.0
112.0
S-27
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Apr.
Annual
1983
1982
May
June
July
Aug.
Sept.
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
May
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 $
15789
1 569.9
4,309
4109
8278
8951
2,443
2222
2589
2727
685
606
2 106
255 1
714
672
1 193
102.9
497
363
33369
1 605.5
24 128
10223
7432
2990
5403
2486
5057
173.2
141 170
34793
93775
27487
25754
7377
18843
5832
21 111
6735
3
234
3
160
14612
5391
ELECTRICAL EQUIPMENT
Batteries (auto -type replacement) ship. . .
thous
53598
54214
3611
3584
Radio sets production total market
Television sets (incl. combination models),
production total market . .
...
.
thous
31476
31782
1609
2460
2
thous
18480
16405
1375
1292
2
30,482
3692
2484
3 179
2328
4944
1605
4365
2,977
7,785
26,683
2761
2 170
2781
2 035
4364
1 340
4019
2728
7,536
2,467
517
201
194
173
379
107
345
214
1,417
1496
2,785
1,156
1368
3,042
70
110
295
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....
5819
5660
5237
5280
3708
3070
3624
3490
3221
2
2364
2 159
2 137
2
1619
1 106
1 161
2
1229
1 151
1298
2
2,257
61
203
219
170
432
156
364
244
2,097
17
167
241
168
381
109
360
245
2,136
2,350
31
218
339
202
401
80
347
261
2,117
71
206
260
195
310
80
319
251
1,892
84
178
238
175
262
73
252
193
1,812
2,179
89
213
264
190
363
103
364
260
96
99
225
126
133
232
140
113
260
127
114
236
138
126
257
3640
3629
4750
3 179
2284
4052
2
1710
1 177
1420
2
2,232
419
169
200
150
359
112
322
195
2,341
289
160
207
293
437
161
352
214
1,677
2,196
145
187
199
166
456
151
323
196
69
113
246
85
123
248
78
96
230
3730
2789
2266
1561
1282
2,158
130
197
294
183
336
97
353
251
2,744
309
248
309
232
403
117
420
283
2,082
2,507
259
214
313
200
361
111
352
236
129
108
274
120
112
274
119
134
288
112
127
301
28
625.2
603.1
6077
535.6
531.9
1 313
GAS EQUIPMENT (RESIDENTIAL)
Furnaces, gravity and forced-air, shipments.... thous..
Ranges total sales
do
Water heaters (storage), automatic, sales @
do....
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
Exports
Price, wholesale *
thous sh tons
do
Index, 1967-100..
Bituminous:
Production 1"
thous sh tons
Consumption total . .
. . . do
Electric power utilities
do....
Industrial total
.
. do
Coke plants (oven and beehive)
do....
Residential and commercial
4 198
980
6403
274
79
648.1
329
41
639.0
319
45
6375
313
106
6375
370
86
6374
340
77
6374
378
121
6374
338
107
638.0
344
43
638.0
323
5
636.0
303
2
635.9
400
30
634.2
66850
818 352
829 211
73 155
70656
71231
59868
72091
67203
70068
63043
62 177
60573
58979
728 543
595,575
127 527
60,888
703 682
592,591
104 593
40859
53017
43,403
9041
3,704
54585
45,523
8713
3,616
55730
47330
8 121
3476
63563
55 140
7933
3 118
63274
54742
8002
3056
56522
48348
7665
2922
54762
46248
7994
2755
56531
47,699
8 137
2,691
59888
50,814
8231
2,586
53,279
45,699
do....
5,440
do.... '179,607
do.... 163,356
16,251
do....
do
6446
Stocks, end of period, total
Electric power utilities
Industrial, total
Oven-coke plants
Exports
Price, wholesale
5423
2249
582.2
695
843
520
530
509
349
573
279
490
6498
189,085 180,807 187,248 192,664 184 238 184 429 183,985 189 028 190,551 189,085
175,053 165,848 171,892 176,911 168,845 169,403 169,329 174,579 176,308 175,053 171,725 172,205
14,032 14,959 15,356 15,753 15393 15026 14656 14449 14,243 14,032
4892
4625
5914
5 157
6518
6 153
5788
5422
6216
4625
4465
531.5
4376
530.4
6258
536.0
5,509
2,670
2,528
2,218
2,404
8 190
7858
331
1344
1 407
1379
1317
34
66
51
37
99
2,381
7197
2,899
6933
3462
6785
3028
6784
110243
493.7
105 244
530.4
10742
527.9
10057
529.6
10626
529.3
9071
533.9
7293
534.9
8603
534.4
9850
533.9
7700
535.5
6020
534.6
42,786
28 486
28,115
29872
2428
2533
7,507
2397
2672
2564
6,270
2433
2452
2,543
do
do
do
do...
6724
6320
403
900
8 190
7 858
331
1344
959
963
7871
7 489
382
1091
1 171
1088
7969
7 639
330
1244
do
1251
1 109
37
154
175
129
61
141
62
1339
66
3451
7178
3899
7182
3286
7184
2848
7184
3360
7183
2838
7353
3282
7336
4090
7200
do. ..
Index, 1967 = 100..
r
COKE
Production:
Beehive and oven (byproduct)
Petroleum coke §
Stocks, end of period:
Oven-coke plants total
At furnace plants
At merchant plants
Petroleum coke $
...
thous. sh. tons..
do....
.
Exports
r
1 168
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
number.
Price wholesale . . . .
Index 1967—100
Gross input to crude oil distillation
units
mil. bbl..
Refinery operating ratio . .
% of capacity
All oils, supply, demand, and stocks: $
New supply total
fl
Production:
Crude petroleum
Natural gas plant liquids
Imports:
Crude and unfinished oils
Refined products
Change in stocks all oils (decrease
Demand total
Exports:
Crude petroleum
Refined products
See footnotes at end of tables.
r
4,654.2
69
r
r
r
40 298
7334
3674
7179
4,447.0
70
353.0
66
378.9
68
388.4
74
399.8
75
380.3
72
376.3
74
376.7
71
364.7
71
368.9
70
354.1
68
308.0
65
344.7
66
r
55916
4375
4652
464 1
4957
4792
4700
4809
483 1
4622
4566
391 7
4305
do
do....
r
3r 128 6
605.5
3 1650
586.4
2596
49.3
2685
48.4
2604
46.8
268 1
49.0
2697
49.6
2620
47.2
2690
49.8
2607
50.6
2685
52.3
2677
53.4
2425
45.9
2690
49.0
do....
do
1,654.2
r
5342
1,327.1
513 1
r 54 7
88.0
406
107.3
410
117.6
392
136.9
418
123.7
36 1
114.3
465
119.0
43 1
122.6
49.2
99.4
42.0
97.4
38.2
68.7
34.6
75.1
37.4
51 0
-0 5
12 9
31 6
13 5
71
19 2
214
262
239
209
564
5 865 2
5050
485 1
469 0
4809
486 6
471 3
4883
4745
5074
4879
4378
5048
863
211.2
52
18.3
81
16.8
28
18.3
71
15.9
94
17.2
5.5
18.2
8.4
20.5
7.9
15.7
6.0
20.7
3.6
26.5
7.3
16.9
5.4
19.4
mil bbl
)
37684
8035
5 922 5
r
do
do
do
do....
63 4
r
6 078 1
832
133.9
3186
6784
S-28
SURVEY OF CURRENT BUSINESS
1981
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
hi the 1979 edition of BUSINESS STATISTICS
1982
1982
Apr.
Annual
June 1983
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
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
Residual fuel oil
Jet fuel
...
Lubricants
Asphalt
Liquefied gases
do. .
do....
do
r
5,861 1
r
2,415.6
r
55676
2,395.6
468
4814
207.5
34
4602
207.0
32
4479
205.4
25
4579
211.7
30
4600
207.4
24
4476
196.2
32
459.4
198.9
41
450.9
197.2
42
480.8
203.6
58
4577
185.8
56
4136
169.4
43
4800
212.8
39
1r 032 5
762.0
r
3677
9755
618.4
3677
899
56.0
300
758
48.1
312
735
45.1
296
646
45.4
306
69 1
47.7
302
754
44.2
310
80.2
45.4
298
74.2
47.9
314
88.5
49.7
326
856
48.8
293
79.3
43.9
294
89.9
48.7
316
560
124.0
5350
509
124.5
5635
46
7.1
458
41
105
44 4
45
14.3
386
43
16.7
46 1
42
18.2
42 1
45
15.4
458
41
15.2
459
48
8.9
490
35
5.6
528
33
4
3.7
647
3.5
3.8
45.8
48
6.2
408
lr 483 6
593.8
2303
1773
r
7125
14289
6416
2938
1580
6293
13499
6110
2555
1784
5604
1 349 4 13623
6095
6069
2610
264 1
1745
174 1
5654
5812
13939
611.7
2672
176.4
6058
14074
625.4
2736
171.9
6101
14145
617.8
2779
173.9
6228
14337
635.3
2846
167.6
6309
14552
646.0
2900
165.3
6439
14289
641.6
2938
158.0
6293
14528
661.5
3006
165.6
6257
14319
672.2
306 1
165.9
5938
13754
670.4
3118
166.1
5390
2r 349 4
2062
23254
1967
1837
1820
1968
1762
2039
1802
2113
1853
2010
187.2
1966
1935
1946
194.3
1889
191.9
203 1
196.7
1873
210.9
1643
209.9
1834
186.2
666.0
612.5
578.6
555.7
582.7
628.8
636.3
628.4
617.2
608.7
598.5
576.7
553.5
536.3
115
27
89
23
05
2.4
09
2.5
09
2.4
09
2.4
1i
2.4
07
2.2
08
2.2
07
2.5
0.4
2.3
0.7
2.6
05
2.5
06
2.5
436
11.0
420
10.4
36
9.6
24
8.9
27
9.2
27
9.1
2.6
9.5
3.4
9.8
4.0
10.2
4.3
11.3
4.4
10.4
4.1
9.4
3.8
8.8
3.9
8.9
975.2
958.0
938.2
71.7
18
168.2
59.8
16
147.7
61.7
13
118.7
463
do.
do....
do
Stocks end of period total
Crude petroleum .
Strategic petroleum reserve
Unfinished oils natural gasoline, etc
Refined products
Refined petroleum products: $
Gasoline (incl. aviation):
Production
Stocks end of period
do
do....
do
do..
do
mil bbl
.
do ..
Prices (excl. aviation):
Wholesale, regular
Index, 2/73=100..
Retail, regular grade (Lundberg/Platt's): ]j
Leaded
$ per gal
Unleaded *
do .
Aviation gasoline:
Production
mil bbl
Stocks end of period
do....
Kerosene:
Production
do....
Stocks, end of period
do....
Price, wholesale (light distillate)
Index, 1967=100..
Distillate fuel oil:
Production
mil. bbl..
Imports
do
Stocks end of period
do....
Price, wholesale (middle distillate)
Index, 1967=100..
Residual fuel oil:
Production
mil bbl
Imports
do....
Stocks end of period
do
Price wholesale
Index 1967—100..
Jet fuel:
Production
Stocks end of period
mil bbl
do....
Lubricants:
Production
Stocks, end of period
r
r
r
r
516.2
538.3
906.9
895.3
(!)
(*)
996.4
1,009.1
975.9
974.2
984.4
983.0
976.3
969.7
985.9
992.1
953.8
r
63 1
1915
953.4
338
1786
70.7
18
108.8
81.2
23
1145
81.9
30
1246
84.8
38
1482
78.3
24
1589
79.7
18
161.2
88.0
30
170.2
85.9
42
185.6
82.3
34
178.6
1,058.1
1,012.7
953.6
928.7
974.6
1,024.0
1,022.2
998.8
r
482 1
r
2921
r
3886
2767
662
1 1820
349
349
323
229
22.9
193
536
59 1
605
1 1827 1 1916 12295
319
178
590
1237 1
312
16 1
528
12500
1,039.8
r
780
1,239 0
r
r
r
999.2
1,041.5
1,054.5
985.3
926.5
871.8
812.6
835.8
302
296
23.5
26.1
618
636
1 120.7 1,129.0
297
25.3
664
1,139.3
307
290
23.2
21.4
662
607
1,144.0 1,056.6
240
17.7
53 1
1,104.5
258
21.3
463
1,053.0
1,086.2
1,052.5
3532
r
41 1
3565
36.8
303
44.1
279
41.8
279
40.1
299
39.8
304
40.8
293
39.7
304
40.9
305
40.5
294
36.8
312
41.7
282
40.5
303
42.2
do
do....
606
14.3
516
12.5
45
134
46
135
46
13.4
46
13.5
44
13.4
39
12.7
4.4
12.6
44
12.6
36
12.5
4.2
14.0
37
14.1
40
13.1
Asphalt:
Production
Stocks, end of period
do. .
do....
1235
19.6
1196
15.9
80
27.1
105
27.1
124
25.6
13 1
22.1
133
17.4
124
14.6
13.6
13.1
9.7
14.1
7.5
15.9
4
64
19.9
5.9
22.1
8.4
24.4
Liquefied gases (incl. ethane and ethylene):
Production total
At gas processing plants (L.P.G.)
At refineries (L R G )
.
.
Stocks (at olants and refineries)
do. .
do....
do .
do....
r
5734
r
5729
473.9
990
95.1
470
39.1
78
105.8
49 1
40.4
87
107.7
47 1
38.3
88
110.9
482
38.9
93
111.1
493
40.5
89
112.5
482
38.9
93
111.5
49.0
41.0
80
108.6
48.1
40.3
78
103.5
504
42.0
84
95.1
515
43.0
85
83.6
43.7
36.1
76
81.2
470
37.9
91
82.8
458.6
1148
134.7
4
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks end of period
thous cords (128 cu ft )
do....
. do .
r3
78 929
r3
79,725
r
Waste paper:
Consumption
Stocks end of period
WOODPULP
thous sh tons
do
r3
Production:
Total all grades #
.
...
Dissolving and special alpha
Sulfate
Sulfite
Groundwood
Semichemical
thous. sh tons
do....
do
do....
do....
do
r3
(2)
2
6250
(2)
13 083
1081
(2)
53 413
1,356
38 669
1,795
r
5,703
r
3754
r
(2)
(2)
(2)
(2)
(2)
(2)
(2)
Stocks, end of period:
Total, all mills
Pulp mills
Paper and board mills
Nonpaper mills
do....
do
do....
do....
1,081
r
540
r
486
54
(2)
Exports, all grades, total
Dissolving and special alpha
All other
do....
do
do....
3
3
Imports, all grades, total
Dissolving and special alpha
All other
do....
do....
do....
See footnotes at end of tables.
3,678
784
3
2894
(2)
(2)
(2)
3
3395
631
2763
3
3
3
3
4,086
201
3,885
3894
162
3,732
316
52
264
326
69
257
302
55
247
261
32
229
279
60
219
298
52
246
237
50
186
247
55
192
285
51
234
234
59
174
271
30
240
332
58
274
346
78
267
306
22
284
302
8
294
287
12
275
289
6
283
350
17
333
541
8
533
303
18
285
375
18
357
264
8
256
309
23
286
265
9
257
338
20
318
301
11
289
S-29
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
Annual
1983
1982
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, unadjusted
thous. sh. tons..
Paper
do. .
Paperboard
do
Wet-machine board
do .
Construction paper and board
do....
Producer price indexes:
Paperboard
Building paper and board
r
66,440
r
30,850
r
31 582
160
r
3,847
(55)
()
(5)
(*)
(5)
261 2
236.3
2588
240.2
2559
2400
2550
2398
2554
2444
2507
243.4
2480
241.5
2476
2410
244 1
2420
r
2433
r
241.1
2440
240.8
2466
243.3
2484
246 1
140
104
123
116
102
115
113
99
118
138
117
121
113
100
124
125
104
121
131
99
139
121
93
126
108
91
112
422
96
415
401
r
94
406
426
406
420
122
102
127
4 998
325
r
5032
408
336
409
381
307
408
432
306
431
399
312
400
443
307
443
407
285
433
446
282
447
415
308
433
412
325
398
444
319
442
r
412
r
305
r
r
499
r
422
333
431
rl
7 837
1
8 187
641
689
621
669
645
670
610
628
674
705
640
684
684
716
656
695
642
649
704
•735
686
682
r
834
r
805
750
766
1
'3,688
288
272
291
271
326
296
315
327
280
330
308
313
290
^518
1
4 441
356
365
358
339
383
359
387
383
372
388
374
395
385
8946
8915
194
8 117
8,074
250
694
705
332
743
718
357
652
610
399
617
614
402
642
598
446
557
601
403
698
684
417
657
691
395
599
744
250
685
604
331
653
605
380
680
676
384
695
713
366
do....
do....
do
4,753
4,735
38
4,574
4,525
86
396
374
76
385
376
86
383
381
89
363
351
101
372
363
110
353
353
110
406
398
118
373
389
102
330
346
86
403
370
119
378
350
147
406
394
159
363
361
161
Consumption by publishers 1J
do....
Stocks at and in transit to publishers, end of
period
thous. metric tons-
10,165
10,115
862
879
803
769
806
836
928
893
908
878
876
961
854
1,045
1,012
1,003
992
952
898
861
832
854
801
823
805
787
Imports
thous. sh. tons..
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
Index, 1967=100..
6,977
6,531
503
620
570
460
520
489
587
567
498
545
433
620
538
316.2
321.1
322.4
319.4
318.4
318.4
318.4
318.4
299.8
299.8
299.1
299.1
299.1
299.1
234,846
49 957
18720
20071
18610
20414
20657
21064
19043
17540
19980
18715
21891
20466
45 17
123 25
1967 — 100
do....
258 1
231.7
Selected types of paper (API):
Groundwood paper, uncoated:
Orders new
Orders unfilled, end of period
Shipments
thous sh tons
do
do....
4 449
100
4,463
Coated paper:
Orders new
Orders, unfilled, end of period
Shipments
do
do....
do
*4853
360
4940
rl
Uncoated free sheet papers:
Orders, new
Shipments
do...
do
1
7735
'8234
Unbleached kraft packaging and industrial
converting papers:
Shipments
thous. sh. tons..
Tissue paper production
do
3,873
Newsprint:
Canada:
Production
thous metric tons
Shipments from mills
do . .
Stocks at mills, end of period
do....
United States:
Production
Shipments from mills
Stocks at mills, end of period
Paper products:
Shipping containers, corrugated and solid fiber
shipments
mil. sq. ft. surf, area .
3
308.0
246 152
2549
2394
1
1457
r
89
4,446
3
r
r
807
r
427
r
r
767
342
1-459
r
2489
249.3
299.1
Folding paper boxes, shipments.... thous. sh tons..
mil $
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
Stocks end of period
thous. metric tons..
do
634.67
14243
61700
12325
Imports, inch latex and guayule ....thous. Ig. tons-
662.41
Price, wholesale, smoked sheets (N.Y.).... $ per lb..
4
Synthetic rubber:
Production
Consumption
Stocks, end of period
Exports (Bu. of Census)
5440
6700
48.69
12626
5373
121 88
618.27
53.86
56.19
0.453
0.453
0.453
thous. metric tons.. 2 021.45 1,632 20 154.86
.
do
1 889 71 1 624 80 13463
do....
349.02
267.42 376.91
thous. Ig. tons..
334.63
28462
2653
0.576
5808
105 71
5361
11056
51 79
113 65
54.35
40.60
54.36
51.37
49.45
33.01
49.63
48.54
62.11
0.468
0.445
0.426
0.421
0.418
0.440
0.485
0.578
0.578
11746
106 50
357.91
12491
13522
345.48
135 18
118 42
32759
108 11
12975
30598
10379
141 45
26742
2523
2040
2204
127 19
151 80
31025
2283
21 13
2047
1886
2024
1861
24 44
2491
48 16
62 06
4806
115 27
63.39
38.67
0.461
0.465
155.44
13307
375.59
2473
13971
132 19
37470
TIRES AND TUBES
Pneumatic casings, automotive:
Production
Shipments total . .
Original equipment
Replacement equipment
Exports .
..
thous.. 481,762
do
do....
do....
do
478,500
15,077
14,856
15,669
12,293
14,835
15,528
15,381
13,585
13,972
15,497
14,992
15,370
201 236
38,633
158,688
3915
39,955
17676
3,679
13,652
345
18216
3,970
13,989
257
19428
4074
15,018
336
17700
2'817
14,625
258
40 192
18938
3022
15,583
333
38685
17851
2919
14,605
327
38 116
15325
2652
12,337
336
14521
3518
10,606
397
14 102
2,458
11,263
381
15038
3701
11,031
306
18034
4,232
13,353
499
Stocks, end of period
do ..
201 105
41,711
153,716
5678
40,863
46,583
45,337
43475
16421
3,038
13,199
264
40763
38436
39955
43839
45483
50287
Exports (Bu. of Census)
do....
11,088
5,971
454
463
653
381
454
385
489
377
474
308
352
424
392
Inner tubes, automotive:
Exports (Bu. of Census)
do....
3,428
1,924
174
102
178
195
162
201
192
162
113
174
72
157
134
See footnotes at end of tables.
0.568
S-30
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
1982
1982
1981
Annual
June 1983
Apr.
May
June
July
1983
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
25367
28383
339.2
340.4
549
431
441
11,399
11397
896
9,713
788
10,419
10418
824
8,792
802
May
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments finished cement
thous bbl
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil standard brick
Structural tile except facing
thous sh tons
Sewer pipe and fittings vitrified
do
Facing tile (hollow), glazed and unglazed
mil brick equivalent
Floor and wall tile and accessories, glazed and
unglazed
mi so ft
Price index, brick (common), f.o.b. plant or N.Y.
dock
1967= 100..
GLASS AND GLASS PRODUCTS
Flat glass mfrs ' shipments
thous $
Glass containers:
Production
.
Shipments domestic total $
Narrow-neck containers:
Food
Beverage
Beer
Liquor and wine
28213
30984
35388
34527
35957
35351
34 106
27431
22,718
18,931
17660
50592
716
4334
44086
409
3250
3709
26
259
3984
37
290
4392
48
310
426.2
38
31.6
425.5
35
34.8
444.6
43
37.5
435.8
36
36.6
397.5
24
28.5
335.1
29
18.6
309.4
24
21.9
285.5
19
16.3
113
30
24
(7)
(7)
(7)
(7)
(7)
(')
(7)
(7)
(7)
2949
257
234
2998
300.2
312.5
952 283
871 331
Imports crude gypsum
do
do....
mil. sq. ft..
do
do....
do
do
do
do .
do....
309.5
310.0
234
310.9
266
266
319.2
319.0
219 074
259
319.2
249
320.7
232
247
320.9
322.3
335.3
23.9
320.7
r
236 813
220 472
26673
27293
27934
25982
28009
24,714
27,716
23,364
17,950
23,372
r
24,030
26,963
26259
26774
28991
25 165
28184
26,515
25,956
22,888
21,013
23,015
r
20,812
26,415
28728
60248
115 680
24003
31 160
61020
104 483
22266
2488
5 156
9*509
1865
2520
5699
9695
1852
2834
6326
10254
1943
2598
5732
8661
1607
3489
6029
9 111
1777
3,365
5 193
8,261
1849
2,483
4888
8,122
2165
2,086
4482
7,599
1937
1,993
4417
6,747
1686
2,411
4343
7,332
1846
r
2,515
r
3,071
5 164
8,935
2045
62404
63372
4989
4978
5417
4832
5752
5840
5,891
4,965
4,547
4,864
r
5,190
2029
190
r
309 376
5
25 119
2840
46 683
22315
2615
45634
1982
270
51 009
1848
182
51433
2019
198
49982
1542
193
50532
1767
259
50244
1790
217
52988
2 177
230
49467
1647
172
48718
1457
166
45634
45801
11497
11687
7593
10863
10967
6718
886
971
218
855
809
531
949
965
772
912
923
469
1,009
945
728
966
971
733
1,044
1036
724
898
945
625
895
923
742
925
986
401
4904
*4528
327
401
421
384
394
445
411
342
488
283
M30
40
39
38
34
37
16
7
1,100
3
24
20
716
286
10
41
14
6
971
3
20
20
618
262
9
38
16
8
1120
4
26
25
716
299
11
40
16
7
1,098
3
24
22
702
298
10
38
15
8
1,169
4
26
23
749
315
11
42
370
do
do
do....
308.4
26 1
307 231
do
do
do
do
Sales of gypsum products:
Uncalcined
8
393
321 373
319 022
Stocks end of period
do
GYPSUM AND PRODUCTS @
Production:
Crude gypsum (exc byproduct) . thous sh. tons..
Calcined
do
Board products, total
Lath
Veneer base
Gypsum sheathing
Regular gypsum board
Type X gypsum board
Predecorated wallboard
5/16 mobile home board
*343 463
do .
thous gross
Wide-mouth containers:
Food and dairy products
.thous gross.
Narrow-neck and wide-mouth containers:
Medicinal and toilet
do
Chemical household and industrial
do....
Calcined:
Industrial plasters
Building plasters:
Regular basecoat
All other (incl. Keene's cement)
*382 692
(«)
225
157
13,759
59
325
208
9295
3 446
122
4
304
6
264
13,093
39
286
264
8447
3486
119
453
4,356
49 092
1842
168
49884
506
201
305
622
256
366
470
225
245
567
217
350
r
634
267
r
367
489
227
262
728
274
455
609
244
365
526
238
288
425
404
430
14,232
14229
2,433
11,101
695
13,231
13,228
1,432
11,101
695
12,433
12431
1,432
10,225
774
37
40
34
31
6
23
1,140
3
23
25
733
303
10
42
(6)6
21
1,216
3
25
27
774
330
10
47
(•)6
21
1,134
3
25
28
741
293
10
35
(•)6
20
1,218
3
28
27
801
319
9
31
(«)
3318
7,415
1513
!534
r
!61
r
31
(«)
6
21
1,132
3
23
26
718
301
9
52
TEXTILE PRODUCTS
FABRIC
Woven fabric, finishing plants: *
Production (finished fabric)
mil linear yd
Cotton
do.
Manmade fiber and silk fabrics
do
Inventories held at end of period
.
. do..
Cotton
do
Manmade fiber and silk fabrics
do....
Backlog of finishing orders
do
Cotton
do....
Manmade fiber and silk fabrics
do
COTTON
Cotton (excluding linters):
Production:
Ginnings ]}
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.
7 514
2652
4962
686
273
413
2
15
2
150
15 646
5409
13,777
13776
3,752
9,268
756
6656
2465
4 192
637
257
380
540
194
346
722
306
416
592
264
328
531
196
335
692
293
400
554
254
300
3
663
3
259
3
3
403
660
282
378
529
194
334
2
11 526
12010
4938
410
392
14,232
14227
2,433
11,101
695
8,976
8974
953
7,112
909
8,117
8 113
924
6,292
900
366
133
233
662
282
380
485
182
302
525
200
325
673
285
389
439
178
261
3
3
259
3
402
652
267
385
456
185
271
534
201
334
668
278
390
450
195
255
526
193
334
664
271
393
420
186
234
3
570
3
207
3
40
453
1531
5290
8826
10580
474
416
390
16,439
16,436
10,475
5,293
668
15,731
15,728
7,545
7,575
608
15,033
15,031
4,209
10,190
632
460
317
386
7,170
7169
728
5,542
899
6,399
6397
300
5,269
828
16,362
16359
10,617
4,998
744
661
3
363
637
257
380
430
222
208
3
3
SURVEY OF CURRENT BUSINESS
June 1983
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
Apr.
Annual
S-31
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
TEXTILE PRODUCTS—Continued
0OTTON AND MANUFACTURES— Cont.
Cotton (excluding linters) —Continued
Exports
thous running bales
Imports
thous. net-weight bales §..
Price (farm) American upland |]
cents per Ib
Price, Strict Low Middling, Grade 41, staple 34
(1-1/16"), average 10 markets
cents per Ib.,
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....
Cotton cloth:
Cotton broadwoven goods over 12" in width:
Production (qtrly.)
. . .
mil sq yd
Orders, unfilled, end of period, compared with
avg weekly production
no weeks' prod
Inventories, end of period, compared with
avg weekly production
no weeks' prod
Ratio of stocks to unfilled orders (at cotton
mills) end of period . .
Exports, raw cotton equiv. thous.
net-weight §
480 Ib. balesImports, raw cotton equivalent
do....
MANMADE FIBERS AND MANUFACTURES
Fiber production, qtrly:
Acetate filament yarn
mil Ib
Rayon staple, including tow
do....
Noncellulosic, except textile glass:
Yarn and monofilaments
do....
Staple, incl. tow
do....
Textile glass
fiber
do....
Fiber stocks, producers', end of period:
Acetate filament yarn.
.
Rayon staple, including tow
Noncellulosic fiber, except textile glass:
Yarn and monofilaments
Staple incl. tow
.
Textile glass
fiber
8021
17
545
3
83.0
15.4
55
676
4
543
484
13
558
58 1
396
1
599
342
2
528
351
10
555
293
1
598
382
3
599
377
(6)
573
438
1
560
368
(6)
564
487
1
599
612
(8)
597
60.5
62.0
62.4
61.1
65.0
60.4
59.0
58.6
58.2
59.6
60.2
61.7
66.0
65.3
14.2
15.2
15.3
14.9
14.7
55
5.4
0268
2.0
14.6
54
6.3
0314
2.4
14.5
53
4
7.7
0.307
4
2.8
14.4
53
6.6
0328
2.5
14.3
5.2
6.2
0.309
2.3
14.2
5.3
6.7
0.270
2.6
14.3
5.3
6.4
0.323
2.3
14.3
53
r
6.8
r
0340
2.5
14.2
53
9.7
0.390
3.1
103
53
55
6.7
0337
2.5
5.6
6.6
0.327
2.5
498
4
56
7.8
0310
4
2.9
4
91.8
0357
33.6
61.7
0320
30.2
3913
3645
14 1
11 1
115
96
88
127
107
92
86
94
118
102
102
56
71
71
63
72
11 2
87
59
58
57
61
6.0
59
49
040
065
062
065
082
088
081
063
068
061
052
059
059
047
345.6
766.3
239.2
6013
20.6
45.4
24.3
54.1
24.8
478
22.7
414
15.7
487
18.4
49.3
20.7
444
18.4
53.6
16.4
47.6
20.1
67.2
15.1
555
18.2
567
36.72
15 55
1040
21 17
75.78
1445
9 12
61.33
38 10
15.03
2.6
3,792.8
4,191.1
1,041.1
31.1
do....
do
do....
337.0
3298
146.2
143
11 228.7
3,850.9
6 431.4
584 1
4,517.0
10022
90916
3,305.5
3792
427.5
4,736.3
1185
3,547.0
9193
22810
829.9
1058
105.5
1 1947
286
9050
2218
637.73
31889
208.48
318.84
639.08
130.52
9538
508.56
43487
184.70
438.55
20059
132.57
237.96
35.96
1567
10.59
20.29
807.10
132.58
9334
674.51
48531
193.09
40.14
9.58
127.8
105.0
109
753
26.1
2
5
2.78
5
98
614
21.4
3 16
2.99
42.01
1842
12.11
23.59
67.85
12.27
44.21
2065
1336
23.56
91.93
12.48
9 14
79.46
5304
2176
22870
900.7
883
111.5
1 120.8
325
8149
2330
2 1713
805.9
896
100.2
10945
269
8178
2392
33.93
16 12
1066
17.80
77.34
950
658
67.83
4358
1780
33.13
1470
932
18.44
35.86
1606
1129
19.80
36.87
1687
1203
19.98
32.54
1578
1153
16.76
31.08
1487
1035
16.21
31.54
1346
924
18.09
100.05
14.40
10 44
85.65
6091
2641
82.75
1295
907
69.80
4838
2152
70.14
10.65
741
59.49
4059
2004
68.76
1178
769
56.97
3782
1664
59.16
10.04
631
49.12
3245
10.80
78.89
1320
884
65.69
45 12
17.11
30.79
1338
870
17.41
71.19
1092
7 15
60.27
3957
15.87
679
30.56
2539
856
874
55.58
4045
9.1
07
49
2.0
8.2
09
60
2.0
4
94
4
08
66
2.6
5.9
06
40
17
80
10
42
2.0
4
8.3
4
12
47
18
7.1
07
29
1.4
77
08
36
13
4
9.4
4
06
37
1.2
8.8
08
60
2.2
96
10
61
20
2.40
2.40
321
2.40
304
2.40
294
240
287
276
269
267
279
279
2.40
323
15.32
336
165.0
115.9
36 1
188
229
990.6
909.3
242.7
226.7
225.9
APPAREL
Women's, misses', juniors' apparel cuttings:
Coats
thous. units..
Dresses
. do.
Suits (incl. pant suits, jumpsuits)
do....
Skirts
do....
Bouses
thous. dozen..
14,845
136 176
13,605
91,025
30,322
2.5
976
FLOOR COVERINGS
Carpet, rugs, carpeting (woven, tufted, other),
shipments, quarterly
mil. sq. yds..
See footnotes at end of tables.
53
r
874
964
4
12.8
4
11
50
15
192
273
59 3
53
2570
460.6
mil Ib
do....
Manmade fiber and silk broadwoven fabrics:
Production (qtrly.), total #
mil. sq. yd..
Filament yarn (100%) fabrics #
do....
Chiefly rayon and/or acetate fabrics . . do. .
Chiefly nylon fabrics
do....
Spun yarn (100%) fab exc blanketing # .. do....
Rayon and/ or acetate fabrics blends
do
Polyester blends with cotton
do....
Acetate filament and spun yarn fabrics
do
Manmade fiber gray goods, owned by weaving
mills:
Ratio, stocks to unfilled orders, end of period
Prices, manufacturer to mfr., f.o.b. mill:
50/50 polyester /carded cotton printcloth, gray,
48", 3.90 yds./lb., 78x54-56
$ per yd..
Manmade fiber textile trade:
Exports, manmade fiber equivalent
mil. Ibs..
Yarn tops thread cloth
do
Cloth, woven
do....
Manufactured prods., apparel, furnishings do....
Imports, manmade fiber equivalent
do....
Yarn, tops, thread, cloth
do....
Cloth woven
do
Manufactured prods., apparel, furnishings do....
Apparel total
do
Knit apparel
do....
WOOL AND MANUFACTURES
Wool consumption, mill (clean basis):
Apparel class
mil. Ib..
Carpet class
do
Wool imports clean yield
do
Duty-free
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 Ib..
Australian 64's, Type 62 duty-paid
do . .
Wool broadwoven goods, exc. felts:
Production (qtrly.)
mil. sq. yd..
6079
39
192
272
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated in footnotes below, data
through 1978 and descriptive notes are as shown
in the 1979 edition of BUSINESS STATISTICS
1981
1982
1982
Apr.
Annual
Jui
May
June
July
Aug.
1983
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
22,561
20,969
22,996
23,411
Mar.
Apr.
TEXTILE PRODUCTS—Continued
APPAREL— Continued
Men's apparel cuttings:
Suits
thous. units..
Coats (separate), dress and sport
do....
Trousers (separate), dress
do....
Slacks (jean cut), casual
do....
Shirts, dress and sport
thous doz .
Hosiery, shipments
thous. doz. pairs..
14,686
17,880
175,445
38 112
304,826
288,704
24,017
22,248
23,888
29,632
22,725
24,466
27,540
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
mil. $..
do....
do
do....
do
72852
39,102
70633
69,944
33039
80407
48,584
77773
73,953
41381
18302
10,657
17680
18,113
9317
17572
10,579
16919
18,869
11456
24454
16,332
23767
20,252
11868
Backlog of orders end of period #
do
U.S. Government
do, ..
Aircraft (complete) and parts
do....
Engines (aircraft) and parts
. d o ...
Missiles, space vehicle systems, engines, propulsion units, and parts
mil $ .
Other related operations (conversions, modifications) products, services
.
mil $ .
92640
43,262
44,555
13 173
99094
50,465
45,946
13551
96 189
46878
46,114
13334
94892
46001
44,138
13912
99094
50,465
45,946
13551
Orders, new (net), qtrly, total @
U.S. Government
Prime contract
Sales (net), receipts, or billings, qtrly, total
U S Government
Aircraft (complete);
Shipments $ $
Airframe weight # #
Exports, commercial $$
11047
10934
10693
10374
10934
11 314
14485
13220
13619
14485
13 195 0
89076
8,551
92978
50063
4,775
8060
4270
412
9565
5045
453
7399
4059
434
5640
3437
445
466 1
2801
370
6465
3665
77
6024
3225
378
6247
3 130
102
1 2873
6394
421
6978
3742
321
795 1
3642
508
14189
6 143
1,006
thous..
do....
6,225
5,749
5,049
4,696
488
441
510
468
561
523
439
405
356
334
429
406
431
406
407
382
366
344
457
431
474
433
575
517
do....
do
do .
mil..
do
do....
8,535
6209
2326
7,980
5758
2221
669
499
170
7.3
54
1.8
774
584
190
8.2
62
2.0
651
452
199
6
7.0
6
4.8
6
2.2
630
430
200
7.4
51
2.2
609
409
200
7.6
54
2.2
671
488
183
8.3
60
2.3
656
488
169
7.9
55
2.4
743
558
185
9.4
68
2.6
632
448
184
8.7
61
2.6
596
414
182
8.7
60
2.7
628
442
185
8.4
60
2.3
821
600
221
8.2
6.0
2.2
1,471
1,495
1,126
1,193
1,256
1,187
1,213
1,146
1,364
1,247
1,377
1,378
1,379
1,531
1,350
1,481
1,296
1,412
1,164
1,229
1,126
1,193
1,180
1,220
1,248
1,267
1,235
1,244
do
. . thous. Ib .
mil. $..
457
MOTOR VEHICLES (NEW)
Passenger cars:
Factory sales (from U.S. plants), total tt
Domestic tt
Retail sales, total, not seasonally adj t
Domestics §
Imports §
..
Total, seas, adjusted at annual rate t
Domestics §
Imports §
Retail inventories, end of period, domestics: § t
Not seasonally adjusted
thous..
Seasonally adjusted
do....
6
6
2
531
762
57fl
184
8.4
63
2.C
r
1,191
l,227
2.9
2.5
2.6
2.2
3.1
3.2
3.4
3.0
3.1
2.2
2.4
2.5
2.5
2.5
2.3
thous..
do....
do....
do....
538.12
470.86
2,998.6
563.9
374.30
334.05
3,067.0
702.5
49.59
45.72
249.2
73.2
45.70
42.55
309.5
71.2
38.66
35.72
275.5
83.3
34.29
32.27
261.9
44.1
21.18
18.39
263.0
47.7
26.30
23.70
217.4
61.0
27.42
23.48
262.8
49.5
27.39
23.71
253.6
56.8
22.42
19.60
232.7
50.2
26.88
24.71
277.3
59.1
44.33
42.12
260.2
69.7
56.59
54.75
313.4
69.3
54.45
52.21
277.2
77.9
do....
do....
8,444
2,432
7,754
2,293
672
186
708
189
717
206
626
203
627
214
625
200
655
195
678
181
765
220
595
191
569
181
725
219
728
208
Trucks and buses:
Factory sales (from U.S. plants), total @ @ ..thous..
Domestic @ @
do
1,701
1514
1,905
1 778
183
169
193
180
212
197
166
154
142
134
155
146
142
132
127
118
130
122
141
133
160
150
221
207
2,063.8
3
45.7
3
138.3
170.1
3.8
12.6
191.3
4.6
12.5
155.3
4.1
11.7
162.2
3.9
10.1
140.4
3.4
10.4
193.8
3.9
10.1
149.7
3.5
9.6
199.4
3.6
10.0
179.2
3.8
12.5
7
168.9
7
4.4
7
10.9
160.4
3.8
9.8
183.6
3.5
11.9
210.8
3.6
10.1
5
559.4
170.50
3
539.5
C
513.4
12.37
526.9
12.89
569.0
13.81
615.2
C
9.37
704.9
7.79
665.5
6.62
636.2
10.31
566.4
9.80
537.9
9.04
7
495.7
7.32
519.5
9.42
518.4
11.30
522.8
1283
838.92
C
738.48
73.68
72.03
73.27
51.73
56.50
57.33
54.44
43.28
42.27
47.58
56.22
70.78
69.48
2,430
219
226
226
197
193
182
193
215
246
189
177
227
244
Inventory-retail sales ratio, domestics § t
Exports (BuCensus), assembled cars
To Canada
Imports (BuCensus), complete units # #
From Canada, total
Registrations 1J, total new vehicles
Imports, incl. domestically sponsored
Retail sales, seasonally adjusted: t
Light-duty, up to 14,000 Ibs. GVW
Medium-duty, 14,001-26,000 Ibs. GVW
Heavy-duty, 26,001 Ibs. and over GVW
do....
do....
do....
Retail inventories, end of period, seasonally
adjusted t
thous..
Exports (BuCensus), assembled units
do....
Imports (BuCensus), including separate chassis
and bodies
thous..
5
1,746.6
5
73.9
5
151.7
4
Registrations^ new vehicles, excluding buses not
produced on truck chassis
thous..
Truck trailers and chassis, complete (excludes
detachables) shipments
number
Vans
do....
Trailer bodies (detachable), sold separately
do....
Trailer chassis (detachable), sold separately
do....
5
124.35
2,185
117635
70,928
7,239
8,615
C
3
2
192
8453
5,300
440
846
8023
5,240
504
790
8382
5,388
376
598
6046
4,025
305
680
7826
5,582
228
597
6910
4,900
335
320
6421
4,279
378
211
7683
5,479
282
93
9687
7,098
288
69
6062
4,053
158
25
r
6949
r
4,599
r
!36
r
!9
10079
6,375
157
42
17,236
'15,515
'7,071
'6321
4,295
4095
2,443
2,265
539
539
10,560
9685
1,794
1,694
487
487
9,253
8478
1,339
1,244
586
586
8,500
7820
1,369
1,369
179
179
7,187
6507
1,060
992
373
373
6,829
6217
967
913
583
583
5,895
5337
890
650
884
134
5,283
4,710
610
525
249
249
4,866
4,378
765
477
231
231
4,295
4,095
494
440
501
501
4,301
4,155
447
411
299
297
4,153
4,041
444
334
207
207
3,916
3,914
205
205
615
614
4,326
4,323
1,039
8.7
84.87
81.68
1,095
7.6
88.48
80.84
1,090
7.7
88.19
80.92
1,083
8.0
87.71
81.02
1,077
8.1
87.47
81.19
1,069
7.9
86.94
81.35
1,059
8.3
86.24
81.44
1,053
8.4
85.86
81.54
1,047
8.6
85.43
81.60
1,039
8.7
84.87
81.68
1,035
8.8
84.77
81.93
1,033
8.9
84.72
81.98
1,031
9.2
84.55
82.01
1,028
9.E
84.44
82. 1£
95228
62,901
4,020
6,034
RAILROAD EQUIPMENT
Freight cars (new), for domestic use; all railroads
and private car lines (excludes rebuilt cars and
cars for export):
Shipments
number..
Equipment manufacturers
do....
New orders
do....
Equipment manufacturers
. do .
Unfilled orders, end of period
do....
Equipment manufacturers
do
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..
See footnotes at end of tables.
1
44,901
'41,435
1
17,916
1
17 288
16,485
14819
1,111
6.9
89.37
80.43
1
SURVEY OF CURRENT BUSINESS
June 1983
S-33
FOOTNOTES FOR PAGES S-l THROUGH S-32
General Notes for all Pages:
r
p
e
c
Revised,
Preliminary,
Estimated,
Corrected.
Page S-l
Page S-7
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. I S o f t h e 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. Computed from cumulative valuation total.
2. Index as of June 1, 1983: building, 353.5; construction, 379.6. Revised index as of Jan.
I . 1982: building, 323.3; construction, 344.9.
# Includes data for items not shown separately.
§ Data for Apr., July, Sept., and Dec. 1982, and Mar. 1983 are for five weeks; other
months four weeks.
Page S-8
Page S-2
1 . Based on data not seasonally adjusted.
# Includes data not shown separately.
$ Revised series. For wholesale see note "$" for p. S-8. For manufacturing see note "t"
for p. S-3. For retail see note "t" for p. S-8.
t See note "t" for p. S-3.
§ See note "t" for p. S-8.
(g> See note "$" 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
$ Revised series. For wholesale see note "$" for p. S-8. For manufacturing see note "t"
for this page. For retail see note "t" for p. S-8.
t Revised series. Data have been revised back to 1972. A detailed description of these
revisions and historical data appear in the reports "Manufacturers' Shipments, Inventories,
and Orders" M3-1.10 (1972-1980) and M3-1.12 (1977-82), available from the Bureau of
the Census, Washington, D.C. 20233.
§ See note "t" for p. S-8.
(a See note "$" 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.
Page S-4
1. Based on data not seasonally adjusted.
f 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
/.ero.
•i For these industries (food and kindred products, tobacco, apparel and other textile products,
petroleum and coal, chemicals and allied products, and rubber and plastics products) sales
are considered equal to new orders.
Page S-5
1. Based on unadjusted data.
2. Beginning with data for January 1983, the index is affected by a change in methodology
used to compute the homeownership component. For additional information regarding this
change see p. S-36 of the Feb. 1983 SURVEY.
t See note "t" for p. S-3.
(« Compiled by Dun & Bradstreet, Inc.
# Includes data for items not shown separately.
vj Ratio of prices received to prices paid (parity index).
^ Revisions, back to 1975 for some commodities, are available upon request.
$ See note "$" for p. S-4.
1. Advance Estimate.
ff
Home mortgage rates (conventional first mortgages) are under money and interest rates
on p. S-l4.
$ Data include guaranteed direct loans sold.
$ Effective April 1983 S U R V E Y , wholesale trade data have been revised for Jan. 1973-Dec.
1982. Revised data are available upon request.
t Effective April 1983 S U R V E Y , retail trade data have been revised for 1978-1983. Revised
data and a summary of the changes are available from the Census Bureau, Washington, D.C.
20233.
# Includes data for items not shown separately.
Page S-9
1. Advance estimate.
2. 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.
" Effective with the January 1983 S U R V E Y , the seasonally adjusted labor force series have
been revised back to J a n u a r y 1978. Revised monthly series appear in the January 1983 issue
of Employment and Earnings. Effective with the February 1982 SURVEY, the labor force
series have been revised back to 1970 to reflect the 1980 Census of Population. Seasonal
a d j u s t m e n t factors were revised accordingly. Revised m o n t h l y series appear in the February
1982 issue of Employment and Earnings. Revised a n n u a l 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 n o n i n s t i t u t i o n a l population, 16 years and over.
t See note "t" for p. S-8.
PageS-10
1. This series has been discontinued.
§ These unemployment rates are for civilian workers only. The unemployment rate for all
workers, including the resident armed forces, was 10.0 in May 1983.
t Effective J u n e 1983 S U R V E Y , data have been revised back to April 1981 (not seasonally
adjusted) and J a n u a r y 1978 (seasonally adjusted) based on the March 1982 benchmark levels
and updated seasonal adjustment factors. See "BLS Establishment Estimates Revised to
March 1982 Benchmarks," in the J u n e 1983 issue of Employment and Earnings. Effective
J u n e 1982 S U R M A , 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 J u n e 1982 issue of Employment and Earnings. Effective
J u l y 1981 S U R V E Y , data have been revised back to 1974 to reflect new benchmarks and new
seasonal adjustment factors. See "BLS Establishment Estimates Revised to March 1980
Benchmarks," in the J u l y 1981 issue of Employment and Earnings.
*' See note " <; " for p. S-9.
PageS-6
1. See note 2 for p. S-5.
2. Index no longer available from the source, BLS; see also p. S-36 of the Feb. 1983
Si i • • - 1 v.
§ For actual producer prices of i n d i v i d u a l commodities see respective commodities in the
I n d u s t r y 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 i n p u t - o u t p u t relationships and improved classification of
some products.
# Includes data for items not shown separately.
$ Effective Feb. 1983 S U R V E Y , data have been revised back to 1978 to reflect updated
seasonal factors. Effective Feb. 1982 S U R V E Y , data have been revised back to 1977 to reflect
updated seasonal factors. These revisions are available upon request.
(". Effective with the Feb. 1983 S U R V E Y , the percent change and indexes as shown here
have been revised back to 1967 except for the transportation group and services which were
revised back to 1978. These revisions as well as those for indexes not shown here are available
from the Bureau of Labor Statistics, U.S. Department of Labor, Washington, D.C. 20212.
Page S-11
t See note "t" 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.
* Production and nonsupervisory workers.
PageS-12
1. This series has been discontinued,
"f" See corresponding note on p. S-10.
f
Production and nonsupervisory workers.
$ Earnings in 1977 dollars reflect changes in purchasing power since 1977 by dividing by
Consumer Price Index.
$ Wages as of J u n e 1, 1983: Common, $15.24; Skilled. $19.85.
SURVEY OF CURRENT BUSINESS
S-34
June 1983
PageS-13
PageS-16
1. Average for Dec.
2. Reported annual; monthly revisions are not available.
3. Effective December 1, 1982, there was a break in the series. The key changes involved
additions to the reporting panel and the exclusion of broker or dealer placed borrowings
under any master note agreements. Previous statistics do not reflect these changes.
<! Effective April 1982 SURVEY, the series for work stoppages involving six or more workers
have been discontinued and have been replaced by series for work stoppages involving 1,000
or more workers.
# Includes data for items not shown separately.
§ For demand deposits, the term "adjusted" denotes demand deposits other than domestic commercial bank and U.S. Government, less cash items in process of collection; for
loans, exclusive of loans to and Federal funds transactions with domestic commercial banks
and include valuation reserves (individual loan items are shown gross; i.e. before deduction
of valuation reserves).
# New series. Beginning Dec. 1978, data are for all investment account securities; comparable data for earlier periods are not available.
(a Insured unemployment (all programs) data include claims filed under extended duration provisions of regular State laws; amounts paid under these programs are excluded from
state benefits paid data.
fe(g, Insured unemployment as a percent of average covered employment in a 12-month
period.
1. Beginning Jan. 1981 data, U.S. Virgin Islands trade with foreign countries is included.
$ N u m b e r of issues represents number currently used; the change in number does not
affect the continuity of the series.
t For bonds due or callable in 10 years or more.
# Includes data for items not shown separately.
(a Data may not equal the sum of the geographic regions, or commodity groups a
principal commodities, because of revisions to the totals not reflected in the component
items.
Page S-14
1. Data are for fiscal years ending Sept. 30 and include revisions not distributed to the
months.
2. Average for the year.
3. Daily average.
4. Beginning Jan. 1981, data are for top-rated only. Prior data cover a range of top-rated
and regional dealer closing rates. See also note 3 for this page.
5. Beginning Oct. 1981, data represent the total surplus or deficit (budget surplus or deficit plus
off-budget surplus or deficit). See also note 1.
6. Interest rate charged as of June 1, 1983 was 10.14.
# Includes data for items not shown separately.
§ The Department of Health, Education, and Welfare was redesignated as the Department of Health and H u m a n Services by the Department of Education Organization Act.
*] 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 m a t u r i t y for 150-179 days. Beginning Nov. 1979, maturity is for 180 days.
$t Courtesy of Metals Week.
(«(«, Average effective rate
PageS-15
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.
Page S-18
1. See note 1 for p. S-16.
2. A n n u a l total; quarterly or monthly revisions are not available.
3. Before extraordinary and prior period items.
4. For month shown.
5. Domestic t r u n k 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.
< Average daily rent per room occupied, not scheduled rates.
fe Effective January 1, 1980, contract carriers are not included because the data filed by
these carriers were substantially reduced in scope, in accordance with the ICC revised reporting
regulations.
## Data represent entries to a national park for recreational use of the park, its services,
conveniences, and/or facilities.
PageS-19
1. Reported annual total; monthly revisions are not available.
2. Less than 500 short tons.
3. Beginning Jan. 1981, data represent gross weight (formerly phosphoric acid content
weight) and are not comparable with data shown for earlier periods.
4. A portion of data is being withheld to avoid disclosing information for individual
companies; not comparable with other published data.
5. A portion of data is being suppressed because of not meeting publication standards.
For nitrogen solutions, see also note 4 for this page.
6. Includes those amounts being withheld from the monthly data.
# Includes data for items not shown separately.
$ Data are reported on the basis of 100 percent content of the specified material unless
otherwise indicated.
£ Revisions, back to 1977 for some commodities, are available upon request.
r
Data for Jan. 1977-June 1979 exclude potassium magnesium sulfate; not strictly comparable w i t h data shown for other periods.
1. Beginning 1983, the reporting Frequency has been changed from a monthly to a quarterly
basis.
t Effective Feb. 1983 SURVEY, the money stock measures and components have been revised
back to 1959. Effective April 1980 S U R V E Y , the monetary aggregates were redefined by the
Federal Reserve. The redefinition was prompted by the emergence in recent years of new
monetary assets—for example, negotiable order of withdrawal (NOW) accounts and money
market mutual fund shares—and alterations in the basic character of established monetary
PageS-20
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
1. Reported a n n u a l total: monthly or quarterly revisions are not available.
from the Banking Section of the Division of Research and Statistics at the Federal Reserve
2. Reported a n n u a l total, including Hawaii; monthly data are preliminary and subject to
Board, Washington, D.C. 20551.
change.
$ Composition of the money stock measures is as follows:
3. Beginning 1982, the reporting frequency has been changed from a monthly to a quarterly
Ml.—This measure is currency plus demand deposits at commercial banks and interest-earning
basis. For 1982, see also note 1 for this page. Revised quarterly data for 1979 through 1981
checkable deposits at all depositary institutions—namely NOW accounts, automatic transfer
are available upon request.
from savings (ATS) accounts, and credit union share draft balances—as well as a small
4. A n n u a l total includes data for Hawaii; not distributed to the months.
amount of demand deposits at thrift institutions that cannot, using present data sources, be
5. Effective with Jan. 1983, data are not directly comparable with those shown for earlier
separated from interest-earning checkable deposits.
periods. They are based on a new sample of approximately 150 establishments, which was
M2.—This measure adds to M l overnight repurchase agreements (RP's) issued by comselected using the 1981 annual survey "Paints and Allied Products" panel as a universe
mercial banks and certain overnight Eurodollars (those issued by Caribbean branches of
frame.
member banks) held by U.S. n o n b a n k residents, money market m u t u a l fund shares, and
$ Data are not wholly comparable from year to year because of changes from one classifisavings and small-denomination time deposits (those issued in denominations of less than
cation to another.
SI00,000) at all depositary institutions. Depositary institutions are commercial banks (including
$ Revisions back to 1977 are available upon request.
U.S. agencies and branches of foreign banks, Edge Act corporations, and foreign investment
companies), m u t u a l savings banks, savings and loan associations, and credit unions.
PageS-21
M3.—This measure equals M2 plus large-denomination time deposits (those issued in denominations of $100,000 or more) at all depositary institutions (including negotiable CD's) plus
1. Based on quotations for fewer than 12 months.
term RP\s issued by commercial banks and savings and loan associations.
2. Crop estimate for the year.
L.—This broad measure of liquid assets equals M3 plus other liquid assets consisting of
3. Stocks as of June 1.
other Eurodollar holdings of U.S. nonbank residents, bankers acceptances, commercial paper,
4. Stocks as of June 1 and represents previous year's crop; new crop not reported until
savings bonds, and marketable l i q u i d Treasury obligations.
J u n e (beginning of new crop year).
J$ Includes ATS and NOW balances at all institutions, credit union share draft balances,
5. Previous year's crop; new crop not reported until Oct. (beginning of new crop year).
and demand deposits at m u t u a l savings banks.
6. See note "(«:(&" for this page.
# Overnight (and c o n t i n u i n g contract) RP's are those issued by commercial banks to the
7. Data are no longer available.
nonbank public, and overnight Eurodollars are those issued by Caribbean branches of member
8. See note 2 for p. S-22.
b a n k s to U.S. n o n b a n k customers.
9. Effective with this reporting, data are reported on a monthly basis.
(g Small time deposits are those issued in amounts of less than $100,000. Large time
10. Data for Apr.-Dec. 1982 are not available.
deposits are those issued in a m o u n t s of $100,000 or more and are net of the holdings of
1 1. J u n e 1 estimate of the 1983 crop.
domestic banks, thrift institutions, the U.S. Government, money market m u t u a l funds, and
§ Excludes pearl barley.
foreign b a n k s and official institutions.
# Bags of 100 Ibs.
# Includes data for items not shown separately.
# Revised crop estimates back to 1975 are available upon request.
$ N u m b e r of issues represents number currently used; the change in n u m b e r does not
(n Revisions, back to 1977, for some commodities, are available upon request.
affect the c o n t i n u i t y of the series.
t Revisions back to 1975 are available upon request.
(<?.<« A n n u a l data for 1978-82 and m o n t h l y data for 1982 have been revised to exclude
(<> (« Data are quarterly except for J u n e (covering Apr. and May) and Sept. (covering
Digitized forpFRASER
r i v a t e placements. M o n t h l y revisions for 1978-81 are not available.
June-Sent.).
PageS-22
1. Based on quotations for fewer than 12 months.
2. Effective with this reporting, data are for 3-month intervals.
3. Data are no longer available.
4. See note 9 for p. S-21.
§ Cases of 30 dozen.
11 Bags of 132.276 Ibs.
$ Revisions for Jan.-July 1979 (back to 1975 for grindings of wheat) are available upon
request.
(a 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. A n n u a l 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.
PageS-24
1. Annual data; monthly revisions not available.
2. Less than 500 short tons.
PageS-25
1. A n n u a l 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.
Page S-26
1. Annual data; monthly revisions are not available.
2. Less than 50 tons.
3. Data shown in the April and May 1983 issues of the SURVEY were incorrect.
11 Includes secondary smelters 1 lead stocks in refinery shapes and in copper-base scrap.
(gi All data (except annual production figures) reflect GSA remelted zinc and zinc purchased for direct shipment.
$ Source for monthly data: American Bureau of Metal Statistics. Source for annual data:
Bureau of Mines.
# Includes data not shown separately.
t Effective July 1980 SURVEY, data are revised and shown on a new base. The sample size
has been restored to 100 firms and the base has been changed to 1977= 100. The revised series
are not comparable to previously published data.
* New series. These indexes are based on shipments of hydraulic and pneumatic products
reported by participating members of the National Fluid Power Association. Data back to
1959 are available upon request.
Page S-27
1. Total stocks for bituminous coal and lignite exclude residential and commercial stocks
and are not comparable with data prior to Jan. 1980.
2. Data are for five weeks; other months 4 weeks.
3. For month shown.
# Includes data for items not shown separately.
fe 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.
H Includes small amounts of "other hydrocarbons and alcohol new supply (field production)," not shown separately.
t Revisions back to Jan. 1978 are available upon request.
$ 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
i n i t i a l distillation. A description of these changes appears in the May 1981 issue of Monthly
Energy Review, U.S. Department of Energy, Energy Information Administration.
Page S-28
1. Simple averages of prices are no longer available.
2. See note 5 for p. S-29.
3. Reported a n n u a l totals; revisions not allocated to the months.
4. Effective with Jan. 1983, data include road oil. Total road oil data for 1982 were (thous.
bbl.): 591, domestic demand; 610, production; 47, stocks.
S-35
SURVEY OF CURRENT BUSINESS
June 1983
II 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-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.
11 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.
Page S-30
1. Reported annual total; revisions not allocated to the months.
2. Crop for the year.
3. Data cover five weeks; other months, four weeks.
4. Data are not available prior to Jan. 1980.
5. See note "$" for this page.
6. Monthly and annual data for regular basecoat plasters are not available; sales of "all
other" represents total sales of building plasters. See also note 1 for this page.
7. Data withheld to avoid disclosing operations of individual companies.
8. Represents total shipments for Jan.-May 1982. See also note 7 for this page.
* New series. Data for finishing mills have replaced data for weaving mills, which are no
longer available.
# Includes data for items not shown separately.
H Cumulative ginnings to the end of month indicated.
§ Bales of 480 Ibs.
$ Beginning Jan. 1982, shipments include those for direct export; such shipments for 1981
were 2,165 thous. gross.
(& A n n u a l totals are based on advance summaries and reflect revisions not distributed to
the months.
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.
H 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. A n n u a l total includes revisions not distributed to the months.
2. Figure represents production; not factory sales.
3. Effective Jan. 1982 (for retail sales) and Aug. 1982 (for retail stocks), U.S.-built MercedesBenz trucks are included; comparable data for earlier periods are not available. See also note 5 for
this page.
4. Monthly data for 1980 as published in earlier issues of the SURVEY, exclude exports for
off-highway trucks; not strictly comparable with data shown for other periods. Such exports
have since been included in the monthly data and are available upon request.
5. Based on unadjusted data.
6. See note "t" for this page.
7. See last sentence of note "t" for this page.
# Total includes backlog for nonrelated products and services and basic research.
§ Domestics comprise all cars assembled in the U.S. and cars assembled in Canada and
imported to the U.S. under the provisions of the Automotive Products Trade Act of 1965.
Imports comprise all other cars.
11 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 S U R V E Y , seasonally adjusted data for passenger cars have been revised
back to Jan. 1977 and are available upon request. Effective with the Feb. 1983 S U R V E Y ,
seasonally adjusted data for trucks and buses have been revised back to Jan. 1980 and are
available upon request.
fe 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.
tt Includes Volkswagens produced in the U.S.
(n (« Includes passenger vans.
NOW
AVAILABLE
Local Area Personal Income, 1976-81
Personal Income Statistics for:
U.S.
Regions
States
Counties
SMSA's
• Total Personal Income
By Type of Income
• Labor and Proprietors9 Income
By Industry Group
• Per Capita Personal Income
VOLUME
1—Summary
2—New England
3—Mideast
\—Great Lakes
5—Plains
5—Southeast
7—Southwest
3—Rocky Mountain
}—Far West (including Alaska and Hawaii)
STOCK NUMBER
003-010-00113-5
003-010-00114-3
003-010-00115-1
003-010-00116-0
003-010-00117-8
003-010-00118-6
003-010-00119-4
003-010-00120-8
003-010-00121-6
PRICE
$4.50
$4.00
$4.25
$4.50
$5.50
$6.00
$4.75
$4.25
$4.25
When ordering refer to GPO stock number.
To order, contact:
Superintendent of Documents
Government Printing Office
Washington, DC 20230
Telephone order desk: (202) 783-3238
For additional information, contact the Regional Economic Information System, Regional Economic Measurement Division, BE-55,
Bureau of Economic Analysis, Washington, D.C. 20230.
INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S36
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate.................
.
Domestic trade .................................................
Labor force, employment, and earnings........*..
Finance
, Foreign trade of the United States
.
Transportation and communication ........—....
Industry:
....
Chemicals and allied products .—.
Electric power and gas........................—
Food and kindred products; tobacco ...... ,...
Leather and products
....
Lumber and products....................
....
Metals and manufactures.....—....
.....
Petroleum, coal, and products ......
....
Pulp, paper, and paper products...
1—5
5, 6
7, 8
8, 9
9-13
13-16
16-18
18,19
19,20
20
20-23
23
23,24
24-27
27,28
28,29
29
30
.... 30-32
32
Rubber and rubber products
Stone, clay, and glass products.....
Textile products
Transportation equipment.............
Footnotes
33-35
INDIVIDUAL SERIES
8,12
Advertising
32
Aerospace vehicles
13
Agricultural loans ....................
18
Air carrier operations
27
Air conditioners (room)—.......
4,32
Aircraft and parts ..
.......
19
Alcohol, denatured and ethyl...
8,20
Alcoholic beverages
25
Aluminum.
2, 4-6, 8-12
Apparel .....
28
Asphalt.....
Automobiles, etc .... ............... 2-4, 6, 8, 9, 14, 15, 17, 32
Banking
................................................................
13, 14
Barley ...................................................................
21
Battery shipments .................. ..............................
27
Beef and veal ....................... .................. ...............
22
Beverages ............................................. ...... ........ 8, 17, 20
Blast furnaces, steel mills ......................... ........... 3-5
Bonds, issued, prices, sales, yields______________________15-16
Brass and bronze .......................... ........................ 26
Brick...._________________________________________________________________30
Building and construction materials____________________2, 4, 5
Building costs ............... .......................... ..............
7
Building permits __________ ......................................... 7
Business incorporation (new), failures ................
5
Business sales and inventories ................... .......... 2, 3
22
Cattle and calves
.
30
Cement..........................._________..........._____...
Chain-store sales, firms with 11 or more
9
stores.................................................................
21
Cheese...................................................................
Chemicals ................______........ 2-4, 10-12, 15, 17, 19, 20
Cigarettes and cigars............................................
23
Clay products ..________...............______........................ 2-4, 30
Clothing (see apparel)
2, 27
Coal__________________________.______________.____________....
22
Cocoa.....................................................................
22
Coffee.....---------. --------------------..
27
Coke........................................________.........
Combustion, atmosphere, heating equip....
26
ment ..............................................................
""
15, 19
22
Confectionery, sales ....
Construction:
Contracts ..........................................................
7
Costs .................................................................
7
Employment, unemployment, hours,
earnings......................................................... 10-12
Highways and streets--------------..-----------------....
7
Housing starts ..................................................
7
New construction put in place ..— .................
7
Consumer credit ............._______...............................
14
Consumer goods output, index ............................
1, 2
Consumer Price Index-----------------------------------------5, 6
Copper and copper products ................................ 25, 26
Corn ......................................................................
21
Cost of living (see Consumer Price Index)..... —
5, 6
Cotton, raw and manufactures.----------------.--------5, 30, 31
Credit, commercial bank, consumer ....................
14
Crops............................................______.......... 5, 21, 23, 30
Crude oil ............................................................... 3, 27
Currency in circulation !!!!!!!!!!!!.!.!...!!.!!!!!!!!.......!!!
' 15
Dairy products ..................................................... 5, 21
Debt, U.S. Government..______.______.........................
14
Deflator, PCE .....................................................
1
Department stores, sales, inventories--------. --------- 9
Deposits, bank ...................................................... 13, 15
3f
Dishwashers.
Disposition of personal income
Distilled spirits
.
Dividend payments.........
...........
Drugstores, sales
Earnings, weekly and hourly...............
Eating and drinking places
Eggs and poultry..................................
Electric power
Electrical machinery and equipment...,
I!!!!!
27
i
,.,
20
,„.
1, 15
8,9
,.
12
8,9
5,22
2,20
......... 2-5,
10-12,15, 27
Employee-hours, aggregate, and indexes
11
Employment
10,11
Explosives
20
Exports (see also individual commodities)
16,17
Failures, industrial and commercial
5
Farm prices ...........
5,6
Farm wages
12
Fats and oils
17
Federal Government finance................................
14
Federal Reserve banks, large commercial...........
13
Federal Reserve member banks.................
...
13
Fertilizers
19
Fish
22
Flooring, hardwood
24
Flour, wheat
22
Food products
2-6, 8,10-12,15,17, 20-23
Foeign trade (see also individual commod.)
16-18
Freight cars (equipment)
32
Fruits and vegetables
5
Fuel oil
5, 28
Fuels ................. ..... .
........... 2, 6,17, 27, 28
Furnaces
27
Furniture
............. .......
....
2, 6, 8-12
— 2, 6, 20
Gas, output, prices, sales, revenues .
28
Gasoline_____________.________............_______..
30
Glass and products ...........................
19
Glycerin ............................................
14
5, 6, 21, 22
Grocery stores ................
9
Gypsum and products ....
!!!!!!!
30
Hardware stores..........
...................... ....
Heating equipment
Help-wanted advertising index
Hides and skins...................................................
Highways and streets..........................................
Hogs ......... ...
......................................
Home Loan banks, outstanding advances...........
Home mortgages .................................................
Hotels and motor-hotels .....................................
Hours, average weekly.................................
Housefurnishings .......................................... 2, 4, 5, 8, 9
Household appliances, radios, and television sets
27
Housing starts and permits
7
Imports (see also individual commodities)
Income, personal
Income and employment tax receipts.........
Industrial production indexes:
By industry
By market grouping
Installment credit
Instruments and related products
Interest and money rates
Inventories, manufacturers* and trade ....
Inventory-sales ratios
,
Iron and steel
Labor advertising index..
Labor force.....................
Lamb and mutton
Lead........
...........
Leather and products .....
Livestock...
Loans, real estate, agricultural, bank (see
also Consumer credit) ...................................... 8,13
Lubricants
28
Lumber and products
2, 6,10-12, 23, 24
Machine tools
26
Machinery
2-6,10-12,15,17, 26, 27
Manufacturers' sales (or shipments), inventories,
orders
.
.
3-5
Manufacturing employment, unemployment,
production workers, hours, earnings ............... 10-12
Manufacturing production indexes
1, 2
Meat animals and meats...................................... 5, 22
Medical care....... ............................................
6
Metals
2-6, 10-12, 15, 24-26
Milk......................
..................................
21
Mining and minerals................................ 2, 6,10-12,15
Monetary statistics ..............................................
15
Money and interest rates.....................................
14
Money supply.......................................................
15
Mortgage applications, loans, rates
8,13, 14
Motor carriers......................................................
18
Motor vehicles
2-4, 6, 8, 9,15,17, 32
National parks, visits
18
Newsprint
29
New York Stock Exchange, selected data
16
Nonferrous metals
2, 4, 5,15, 25, 26
Oats
21
Oils and fats
17
Orders, new and unfilled, manufacturers'
4, 5
Outlays, U.S. Government
14
Paint and paint materials
20
Paper and products and pulp
2-4,
6,10-12,15, 28, 29
Parity ratio
„...
....
5
Passenger cars
2-4, 6, 8, 9, 15,17, 32
Passports issued
.-.
18
Personal consumption expenditures
1
Personal income
1
Personal outlays
1
Petroleum and products
2-4,
10-12,15,17, 27, 28
Pig iron
24
Plastics and resin materials
20
Population
9
Pork.
22
Poultry and eggs
5, 22
Price deflator, implicit (PCE)..
1
Prices (see also individual commodities)
5, 6
Printing and publishing
2,10-12
Private sector employment, hours, earnings
10-12
Producer Price Indexes
6
Profits, corporate
15
Public utilities
1, 2, 7,15,16, 20
Pulp and pulpwood...............................................
28
Purchasing power of the dollar
6
Radio and television
8, 27
Railroads
13,16,18, 32
Ranges
27
Rayon and acetate
31
Real estate
8, 13
Receipts, U.S. Government
14
Refrigerators
27
Registrations (new vehicles)
32
Rent (housing)
6
Retail trade
2, 3, 5, 8-12, 14, 32
Rice...
21
Rubber and products (incl. plastics)
2-4,
6,10-12, 29
Saving, personal .......».«.......•.....»..».».......»*.........»..»
1
Savings and loan assoc., new mortgage loans .
8
Savings deposits
13
Securities issued
15
Security markets
15,16
Services
6,10-12
22
Sheep and lambs
23
Shoes and other footwear
14
Silver
31
Spindle activity, cotton
25
Steel (raw) and steel manufactures ..,
24
Steel scrap..........................................
15
Stock market customer financing......
16
Stock prices, yields, sales, etc
2-4,10-12,15,
30
Stone, clay, glass products
23
Sugar
19
Sulfur.................................................
Sulfuric acid
19
Superphosphate
23
Tea imports
19
Telephone and telegraph carriers ......—..
27
Television and radio.
.. 2-4,10-12,15, 30, 31
Textiles and products.....
. .
26
29
Tires and inner tubes .........
2-4,10-12, 23
Tobacco and manufactures........
27
Tractors...
.........—.—....
2, 3, 5, 8-12, 32
Trade (retail and wholesale).....
Transit lines, urban...................
!!!!!!"67ii£li 15, 16,18
Transportation.............—..
... 2-6,10-12,15,17, 32
Transportation equipment
18
Travel.............................. ......
.......
32
Truck trailers
26, 27, 32
Trucks (industrial and other)....
9,10,13
Unemployment and insurance...
16
U.S. Government bonds............
w
U.S. Government finance..........I!!!!!!!!!!!!!!!!!!!!!!!!!!
2, 6, 7,15,16, 20
Utilities......................................
27
Vacuum cleaners.,
9
Variety stores.......
5
Vegetables and fruits
Veterans' unemployment insurance..—.
Wages and salaries.
Washers and dryers
Water heaters
Wheat and wheat flour......
Wholesale trade.
........
Wood pulp .
. .. .
Wool and wool manufactures
Zinc........................................
!!!!!!!!!!!!!!!!!!
19
UNITED STATES
GOVERNMENT PRINTING OFFICE
PUBLIC DOCUMENTS DEPARTMENT
WASHINGTON, D.C. 20402
JFFICIAL BUSINESS
Subject Guide
January-June Issues of Volume 63 (1983)
Articles and "Business Situation" sections are listed below by subject. Title, author, and issue and
beginning page numbers are given. (Each issue contained the "National Income and Product Accounts Tables" and a discussion of estimates therein.)
NATIONAL
Econometric models
Macroeconomic Effects of Price Shocks: A Simulation Study. Albert
A. Hirsch. 2-30.
GNP by industry
Gross National Product by Industry. National Income and Wealth
Division. 4-23.
Government transactions
Federal Budget Developments. Joseph C. Wakefield. 4-24.
Federal Fiscal Programs. Charles A. Waite, Joseph C. Wakefield. 28.
Federal Personal Income Taxes: Liabilities and Payments, 1977-81.
Thae S. Park. 1-27.
Government Sector. 3-5 and 5-4.
Personal Income and Adjusted Gross Income, 1977-81. Thae S. Park.
4-28.
Receipts and Expenditures of State Governments and of Local Governments, 1968-81. David J. Levin. 5-25.
State and Local Government Fiscal Position in 1982. David J. Levin.
1-19.
Input-output
Summary Input-Output Tables of the U.S. Economy: 1976, 1978, and
1979. (Staff Paper Summary.) Paula C. Young, Mark A. Planting.
3-6.
Inventories and sales
Manufacturing and Trade Inventories and Sales in Constant Dollars.
1977: 1-1982: IV, 2-44; 1982: IV-1983: I, 6-68.
Money supply
Monetary Aggregates: An Introduction to Definitional Issues. Daniel
J. Larkins. 1-34.
Motor vehicles
Motor Vehicle Developments, 3-2; 6-2.
National income and product accounts (NIPA's)
Net Exports of Goods and Services, 1980-82. Carol S. Carson. 3-31.
Revisions. Fourth Quarter of 1982, 2-1 and 3-4; First Quarter of
1983, 5-2.
Nonmarket economics
Measuring Nonmarket Economic Activity: BEA Working Papers.
(Working Paper Summaries.) 4-11.
Plant and equipment expenditures
Plant and Equipment Expenditures. 1983, John T. Woodward,
Eugene P. Seskin, J. Steven Landefeld, 1-31; First and Second
Quarters and Second Half of 1983, Eugene P. Seskin, J. Steven
Landefeld, 3-19; Four Quarters of 1983, Eugene P. Seskin, J.
Steven Landefeld, 6-19.
Pollution abatement and control
Plant and Equipment Expenditures by Business for Pollution Abatement, 1982 and Planned 1983. William J. Russo, Jr., Gary L. Rutledge. 6-24.
Pollution Abatement and Control Expenditures, 1972-81. Gary L.
Rutledge, Susan Lease-Trevathan. 2-15.
Profits
Corporate profits. Fourth Quarter 1982, 3-4; Fourth Quarter and
Year 1982, 4-8; First Quarter 1983, 5-3 and 6-4.
Reconciliation and other special tables
Command Over Goods and Services. 3-18; 6-18.
High Employment Federal Receipts and Expenditures. 3-18; 5-11.
National Defense Purchases of Goods and Services. 2-7; 5-5.
Reconciliation of BEA Compensation and BLS Earnings. 2-7; 5-11.
Reconciliation of Net Exports and Balance on Goods and Services. 318; 6-18.
Reconciliation of Quarterly Changes in Measures of Prices Paid by
Consumers. 2-7; 5-11.
INTERNATIONAL
Balance of payments
International Travel and Passenger Fares, 1982. Walter G. Kealy,
Joan E. Bolyard. 5-12.
Military Transactions in the U.S. International Accounts, 1976-82.
William McCormick. 5-18.
U.S. international Transactions. Fourth Quarter and Year 1982,
Christopher L. Bach, 3-42; First Quarter 1983, Russell C. Krueger,
6-33.
Foreign investment in the United States
U.S. Business Enterprises Acquired or Established by Foreign Direct
Investors in 1982. R. David Belli. 6-27.
Reconciliation and other special tables
Command Over Goods and Services. 3-18; 6-18.
Reconciliation of Net Exports and Balance on Goods and Services. 318; 6-18.
U.S. investment abroad
Capital Expenditures by Majority-Owned Foreign Affiliates of U.S.
Companies, 1983. Ralph Kozlow. 3-25.
Gross Product of U.S. Multinational , Companies, 1977. Ned G.
Howenstine. 2-24.
REGIONAL
Personal Income
County and Metropolitan Area Personal Income, 1979-81. Regional
Economic Measurement Division. 4-39.
Regional and State Nonfarm Wages and Salaries Thus Far in the
1980's. Robert Bretzfelder, Howard Friedenberg. 1-23.
Shifting Patterns in the Growth of Metropolitan and Nonmetropolitan Areas. Daniel H. Garnick. 5-39.
State Personal Income. 1-26; 4-34.
Tracking the BEA Regional and State Economic Projections. Kenneth Johnson, Howard Friedenberg, George Downey. 5-45.
@FedFRASER