View original document

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

MAY 1 9 9 4

<^>> VOLUME 7 4 NUMBER

5

SURVEY of CURRENT BUSINESS

U.S. DEPARTMENT OF COMMERCE < ^ ECONOMICS AND STATISTICS ADMINISTRATION




BUREAU OF ECONOMIC ANALYSIS

/1

i1

V

/

t

>

SURVEY OF CURRENT BUSINESS. Pub-

lished monthly by the Bureau of Economic Analysis of the U.S. Department
of Commerce. Editorial correspondence should be addressed to the Editor-

MAY 1994

VOLUME 74 NUMBER

5

SURVEY of
CURRENT BUSINESS
U.S. Department of Commerce
Ronald H. Brown, Secretary
Economics and Statistics Administration

in-Chief, SURVEY OF CURRENT BUSI-

NESS, Bureau of Economic Analysis, U.S.
Department of Commerce, Washington,
DC 20230.

Subscriptions to the SURVEY OF CUR-

Bureau of Economic Analysis
Carol S. Carson, Director
J. Steven Landefeld, Deputy Director

RENT BUSINESS are maintained, and

their prices set, by the Government
Printing Office, an agency of the U.S.
Congress. Send correspondence on circulation and subscription matters (including address changes) to:
Superintendent of Documents,
U.S. Government Printing Office,
Washington, DC 20402.
Make checks payable to the Superintendent of Documents.
Subscription and single-copy prices:
Second-class mat I: $34.00 domestic,
$42.50 foreign.
First-class mail: $71.00.
Single copy:
$9.00 domestic,
$11.25 foreign.
Second-class postage paid at Washington, DC and at additional mailing offices.
(USPS 337-790).

The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of
the public business required by law of
this Department.




Editor-in-Chief
Managing Editor

Douglas R. Fox
Leland L. Scott

Publication Staff: W. Ronnie Foster, M. Gretchen Gibson,
Ernestine T. Gladden, Eric B. Manning, Donald J. Parschalk

THIS ISSUE of the SURVEY went to the printer on June 8,1994.

It incorporates data from the following monthly BEA news releases:
Gross Domestic Product (May 27),
Personal Income and Outlays (May 31), and
Composite Indexes of Leading, Coincident, and Lagging Indicators (June 2).

May 1994

SURVEY OF CURRENT BUSINESS

TABLE

OF

C O N T E N T S

l\egular features
1

Business Situation
Real GDP increased 3.0 percent in the first quarter of1994, down from a 7.0percent increase in the fourth quarter of1993. Corporate profits decreased $33.5
billion after increasing $39.4 billion; the downturn was partly attributable to
the effects of the Northridge earthquake. The Federal deficit decreased $42.3
billion, to $164.7 billion; the State and local government position deteriorated
$9.0 billion, to a deficit of $1.8 billion.

36 Pollution Abatement and Control Expenditures, 1972-92:
Estimates for 1992 and Revised Estimates for 1972-91
Real spending for pollution abatement and control (PAC) increased 5.1 percent
in 1992, in contrast to a 0.7-percent decrease in 1991. Spending increased for all
three major types of pollution abatement—air, water, and solid waste—but the
increase for solid waste was the largest. During 1972-92, PAC spending increased at a 3.3-percent average annual rate.

50

U.S. Business Enterprises Acquired or Established by Foreign
Direct Investors in 1993
In 1993, after decliningfor 4 years, outlays by foreign investors for acquiring and
establishing U.S. businesses increased sharply. The turnaround partly reflected
the continued U.S. economic expansion, improved borrowing conditions in the
United States, and improved business conditions in the United Kingdom and
Canada—traditionally two of the largest investor countries.

l\eports and statistical presentations




12 National Income and Product Accounts
12

Selected NIPA Tables

31

NIPA Charts

33

Reconciliation and Other Special Tables

34 Selected Monthly Estimates
— Continued on next page —

U

SURVEY OF CURRENT BUSINESS

62

C-l

Benchmark Input-Output Accounts for the U.S. Economy, 1987:
Requirements Tables
Business Cycle Indicators
C-l
C-6
C-7

Data tables
Footnotes for pages C-l through C-5
Charts

Inside back cover:

BEA Information

(A listing of recent BEA publications availablefromGPO)
Back cover: Schedule of Upcoming BEA News Releases

LOOKING AHEAD
0

Annual Revision of the International Transactions Accounts. An article presenting
revised estimates of U.S. international transactions and discussing major sources of
the revisions will appear in the June SURVEY. The revisions will extend as far back as
1984 for some series. Selected data will be available as of June 21.

0

Annual Revision of the National Income and Product Accounts. An article presenting
revised NIPA estimates and discussing major sources of the revisions will appear in the
July SURVEY. The revisions will cover the 3-year period beginning with the first quarter of 1991. Selected data will be available as of July 29.




May 1994

SURVEY OF CURRENT BUSINESS

May 1994

THE BUSINESS SITUATION
This article was
prepared by Daniel
Larkins, Larry R.
Moran, Ralph W.
Morris, Deborah
Y. Sieff, and
Michael W. Webb.

(T\ EAL GROSS domestic product (GDP), a measstrong fourth-quarter increase; imports increased
Xyjire of goods and services produced in the
about half as much in the first quarter as in the
United States, increased 3.0 percent in the first
fourth.
quarter of 1994, according to the "preliminary"
estimate of the national income and product acCHART 1
counts (NIPA'S). The "advance" estimate of the
NIPA'S, reported in the April "Business Situation," showed a 2.6-percent increase.1 Real gross
Real Product:
domestic purchases, a measure of goods and servChange
from Preceding Quarter
ices purchased by U.S. residents, increased 4.2
BWon1967$
100
percent, 0.1 percentage point more than the adGROSS DOMESTIC PRODUCT
vance estimate. Thefixed-weightedprice index
80
for gross domestic purchases increased 2.6 per60
cent, 0.3 percentage point more than the advance
40
estimate. (The sources of these revisions are
20
discussed in "Revisions" later in this article.)
0
The 3.0-percent increase in real GDP in the first
-20
quarter followed a 7.0-percent increase in the
fourth (chart 1). The deceleration was accounted
-40
60
for by sharply slower growth in the production
PERSONAL CONSUMPTION EXPENDfTURES
of goods other than motor vehicles and by a
40
downturn in the production of structures; the
20
production of motor vehicles surged again in
0
the first quarter, and the production of services
-20
picked up after a modest increase (table 1).
The 4.2-percent increase in real gross domes40 FIXED INVESTMENT
tic purchases followed an increase of 6.7 percent
20
(table 2). The slowdown was more than ac0
counted for by final sales to domestic purchasers;
-20
inventory investment accelerated. Within final
-40
sales, residential and nonresidential fixed invest40 CHANGE IN BUSINESS INVENTORIES
ment increased much less in the first quarter
20
than in the fourth, and government purchases
0
dropped after no change. Personal consumption
-20
expenditures, in contrast, increased a little more
-40
than in the fourth quarter.
40 NET EXPORTS
Exports and imports are the link between the
20
goods and services produced in the United States
0
I
(or GDP) and the goods and services purchased by
-20
U.S. residents (or gross domestic purchases). Ex-40
ports decreased slightly in the first quarter after a
40 GOVERNMENT PURCHASES

I

iiZJill.

I

I.III!

I

.1,1

I,

20
1. Quarterly estimates in the national income and product accounts
are expressed at seasonally adjusted annual rates, and quarterly changes
are differences between these rates. Quarter-to-quarter percent changes are
annualized.
Real, or constant-dollar, estimates are expressed in 1987 dollars and are
based on 1987 weights. Alternatively weighted measures of real GDP and prices
are discussed on page 8 of this article.




0
-20

».-.

.,•.._,..! . „ , • . . _ o

1991
1992
1993
1994
Baaed on Seasonally Adjusted Annual Rates
U.S. Departnent of Commerce, Bureau of Economic Anatyait

SURVEY OF CURRENT BUSINESS

2 • May 1994




Northridge earthquake.—The Northridge earthquake struck southern California on the morning
of January 17. The destruction it caused—and the
reconstruction and relief efforts that it gave rise
to—affected the components of first-quarter GDP
and gross domestic purchases, but most of these
effects are embedded in the source data that are
used to estimate the components. Thus, the effects of the earthquake and reconstruction cannot
be disentangled from the effects of unseasonably
cold weather in much of the Nation or, indeed,
from the effects of any other factor.

Personal consumption

expenditures

Real personal consumption expenditures (PCE)
increased 4.6 percent in the first quarter after increasing 4.4 percent in the two preceding quarters
(table 3). All major components contributed to
the first-quarter increase.
Among the factors usually associated with
changes in consumer spending, the strongest improvement in the first quarter was posted by the
Index of Consumer Sentiment (prepared by the
University of Michigan's Survey Research Center), which jumped to its highest level in 5 years
(chart 2). The unemployment rate, in contrast,
changed little. Real disposable personal income
increased 2.6 percent in the first quarter after
increasing 5.4 percent in the fourth.
Expenditures for durable goods increased 10.2
percent after increasing 15.2 percent. Nearly all
of the first-quarter increase was accounted for by

However, the Bureau of Economic Analysis did
estimate the extent of the earthquake's damage to
fixed capital and the resulting effects on various
components of personal income and on corporate profits. Those estimates were presented in
the April "Business Situation."

Table 1.—Real Gross Domestic Product, by Major Type of Product
[Seasonally adjusted at annual rates]
Percent change from preceding quarter

Billions of 1987 dollars

1994

1993

Change from preceding quarter
1 AVAI

1994

1993

II
1994:1

II

III

I

IV

III

I

IV

5,264.1

23.9

36.2

87.3

38.5

1.9

2.9

7.0

3.0

Goods
Motor vehicles
Other

2,163.8
238.7
1,925.1

8.9
-2.6
11.5

5.8
-10.2
16.0

56.0
21.7
34.3

32.9
23.6
9.3

1.7
-4.9
2.5

1.1
-18.6
3.5

115
53.0
7.5

6.3
51.7
2.0

Services

2,623.6

12.2

19.2

9.3

17.6

1.9

3.0

1.4

2.7

476.7

2.8

11.1

22.1

12.0

2.5

10.1

20.3

-9.5

Gross domestic product

Structures

NOTE.-Most series are found in table 1.4 of the "Selected NIPA Tables." Output of motor
vehicles is the sum of auto output and truck output (from tables 8.4 and 8.6).

Table 2.—Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic
Purchasers
[Seasonally adjusted at annual rates]
Percent change from preceding quarter

Billions of 1987 dollars
Change from preceding quarter

1994

1993

Level
1994

1993

II
1994:1
Gross domestic product
Less. Exports of goods and services
Plus. Imports of goods and services
Equals: Gross domestic purchases
Less: Change in business inventories
Equals: Final sales to domestic purchasers .
Personal consumption expenditures
Nonresidential fixed investment
Residential investment
Government purchases

II

III

IV

III

I

I

IV

5,264.1

23.9

36.2

87.3

38.5

1.9

2.9

7.0

3.0

618.4
719.2

5.2
20.5

-1.3
9.8

28.1
26.3

-1.6
14.7

3.6
13.3

-.9
6.0

20.4
16.4

-1.0
8.6

5,364.9

39.3

47.2

85.4

54.9

3.1

3.7

6.7

4.2

19.1

-16.3

-6.5

2.0

10.6

5,345.8

55.5

53.8

83.5

44.2

4.4

4.2

6.6

3.4

3,546.3
635.0
231.4
933.1

28.9
22.0
-5.2
9.8

36.9
10.5
5.9
.6

37.3
30.9
15.1
0

39.4
9.3
4.2
-8.6

3.4
16.6
-9.5
4.3

4.4
7.4
11.9
.3

4.4
22.5
31.7
0

4.6
6.1
7.6
-3.6

NOTE.—Dollar levels are found in tables 1.2 and 1.6 of the "Selected NIPA Tables." Percent
changes are found in table 8.1.

May 1994

SURVEY OF CURRENT BUSINESS
motor vehicles and parts, which jumped sharply
for the second consecutive quarter. Net purchases of used autos increased sharply; purchases
of new foreign autos and of trucks also increased,
while purchases of new domestic autos decreased.
Expenditures for nondurable goods increased
4.2 percent after increasing 2.7 percent. Food and
"other" nondurable goods accounted for most of
the first-quarter increase. Clothing and shoes and
fuel oil and coal also increased, while gasoline
and oil decreased.
Expenditures for services increased 3.3 percent
after increasing 2.6 percent. "Other" services accounted for more than half of the first-quarter
increase. Among "other" services, brokerage
charges increased the most.

Selected Factors
Affecting Consumer Spending
Percent change
15
REAL DISPOSABLE PERSONAL INCOME'
10
5

0

_i.i I i l l

I .•!.,.•

-5
-10
Percent
10

UNEMPLOYMENT RATE'

Nonresidential fixed investment
Real nonresidential fixed investment increased 6.1
percent in the first quarter after jumping 22.5 percent in the fourth (table 4). Structures turned
down sharply after four consecutive increases;
producers' durable equipment increased strongly,
though less than in the fourth quarter.
Factors that affect investment spending were
mixed in the first quarter. The yield on new
high-grade corporate bonds increased 23 basis
points but remained low. The capacity utilization rate in manufacturing continued its uptrend
with a 1.0-percentage-point increase. Real final

Index
110
CONSUMER SENTIMENT1
100

1991

1992
1993
1994
• In 1M7 ( M V K Mooraly KfiaM n u l l rate
2. Al mian wnken, tanonriv aojuta
Dak US. DapwtMitof L*or, Bureau olLaborStahfc.
3.D>fcurivmlyo(Mcrigan'iSurvsy Rawvch Carter.
U.S. Departmnl of Comnwoe, Bureau of Eoonomic Anafyn

Table 3.—Real Personal Consumption Expenditures
[Seasonally adjusted at annual rates]
Billions of 1987 dollars

Percent change from preceding quarter

Change from preceding quarter

1994

1993

Level
1993

1994

II

I

IV

III

1994:1

II

Personal consumption expenditures ...

3,54«.3

28.9

36.9

37.3

39.4

3.4

4.4

4.4

Durable goods
Motor vehicles and parts
New autos
New trucks
Other
Furniture and household equipment
Other

523.4
211.3
86.3
48.0
77.0
227.9
84.3

12.3

8.9

17.8

-1.4

9.8
6.2
6.0

10.8
12.6
13.2
13.0
11.8
11.9

7.6

5.6
2.4
1.3
1.9
5.9
.9

12.5
11.6

15.2
22.3
35.7
72.9
-12.9
14.8

Nondurable goods
Food
Clothing and shoes
Energy^
Other

1,111.5
541.1
205.6
99.3
265.4

7.1
1.9

Services
Housing
Household operation
Energy 2
Other household operation
Transportation
Medical care
Other

1,911.4
497.5
222.1
101.0
121.1
129.1
472.8
590.0

1. Gasoline and oil. and fuel oil and coal.
2. Electricity and gas.




III

3.0
-.1

2.2
9.5
1.9
-2.3
-2.9

.6
1.6
3.1
5.0

I

IV

-.7
-2.4

1.9
1.1

8.6
.8
.2

1.7
7.0
3.1

-2.4

9.9
4.0
2.8
2.7
.5

7.2
3.4
4.0
-.9
.7

11.3

18.1

12.3

15.6

2.6
5.2
4.4

2.0

2.2
.8
.7
0

.8

.4
4.0
6.1

7.7
.4

.5
-.3
.9
1.5
4.2
4.0

5.1
1.0
.8
4.3

1.1

3.5
8.1

4.6

-2.9
-3.5
-20.4
10.2
13.8
16.3

4.9
105
25.3

9.3
9.7
60.6
1.4

1.9

1.0

3.7
3.1
5.8

2.7
2.6
8.2

-.4

11.6

-3.6

3.5

.8

1.1

4.2
3.9
2.0
3.3
6.8

2.6
1.6
.9

2.7
1.5

6.3

2.1
1.6

3.9
2.1

-4.2
-11.2

10.0
19.6

-1.2

2.0
5.2
2.7
3.6

2.7
1.3
3.5
4.3

3.0
4.8
3.7
2.8

3.3
1.8
1.5
2.8
0
3.5
3.0
5.7

NOTE.-Oollar levels are lound in table 2.3 of the "Selected NIPA Tables." New auto and truck
purchases are found in tables 8.4 and 8.6. Percent changes in major aggregates are found in
table 8.1.

•

3

May 1994

SURVEY OF CURRENT BUSINESS
sales of domestic product slowed to a 2.2-percent
increase, its smallest increase in four quarters.
Corporate profits turned down sharply, and cash
flow turned down moderately. Nevertheless, a
recent Census Bureau survey found that businesses have revised up their current-dollar plant
and equipment spending plans for 1994; the implied growth of real spending for 1994 rose as a
result, to 9.8 percent from 7.0 percent.
Structures fell 20.1 percent after posting the
largest increase in more than 6 years. All four of
the major components of structures contributed
to the downturn. In buildings, which contributed
the most to the downturn, both industrial and
commercial structures decreased after increasing.
Producers' durable equipment (PDE) slowed to
a 16.1-percent increase from a 26.0-percent increase. About two-thirds of the slowdown was
accounted for by information processing and
related equipment, mainly computers. Industrial equipment and "other" PDE also contributed
to the slowdown. Transportation equipment
stepped up slightly: Purchases of autos turned
up sharply, purchases of trucks jumped (though
less than in the fourth quarter), and purchases of
aircraft dropped less than in the fourth quarter.

in the fourth.
The deceleration reflected a
slowdown in single-family construction and a
downturn in "other" residential investment.2
Single-family construction increased 19.7 percent after increasing 39.8 percent. Single-family
2. "Other" residential investment includes improvements (major replacements and additions and alterations), sales of new mobile homes, brokers'
commissions on house sales, and residential equipment.

CHART 3

Housing Starts
Millions of units
2.0

Residential investment

1991

Real residential investment increased 7.6 percent
in the first quarter after jumping 31.7 percent

1992

1993

1994

Seasonally Adjusted at Annual Rates
Data: Bureau of lie Cenaut
U.S. Depertnenl tt Commerce, Bureau of Economic AnaJyau

Table 4.—Real Gross Private Domestic Fixed Investment
[Seasonally adjusted at annual rates]
Billions ol 1987 dollars

Percent change from preceding quarter

Change from preceding quarter

1994

1993

Level
1994

1993
1994:1
866.4

16.9

18.3

4«.O

13.5

9.0

S.5

24.8

S.5

636.0

22.0

10.5

30.9

9.3

16.6

7.4

22.5

6.1

Structures
Nonresidential buildings, including farm
Utilities
Mining exploration, shafts, and wells ....
Other

147.1
100.5
29.4
10.5
6.7

2.9
1.2
.7
1.0

.1
1.0
-.1
.3
-1.2

4.4
4.5
.7

-8.5
-5.5
-1.8
-.4

8.1
4.9
9.7
44.4
4.7

.3
4.0
-1.3
10.9

12.2
18.9
9.5
-24.7
0

-20.1
-19.2
-21.2
-13.9
-36.3

Producers' durable equipment
information processing and related equipment .
Computers and peripheral equipment
Other
Industrial equipment
Transportation and related equipment
Motor vehicles
Other
Other

487.9
222.2
117.2
105.0
87.1
97.0
86.5
10.5
61.5

19.1
8.2
5.0
3.3
2.1
7.1
6.9
.2
1.7

10.4
14.1
10.6
3.6
1.7
-7.1
-3.0
-4.1
1.6

26.4
13.7
7.3
6.3
4.2
5.3
4.7
.6
3.2

17.9
7.6
4.8
2.8
2.4
6.0
7.7
-1.7
1.8

19.8
19.7
24.3
15.7
11.4
37.5
45.5
5.3
9.6

10.0
33.8
53.0
16.5
8.9
-27.3
-14.7
-70.2
8.8

26.0
30.2
30.8
29.0
22.6
27.1
27.9
22.4
17.8

16.1
14.9
18.2
11.4
11.8
29.1
45.2
-45.1
9.3

231.4
125.1
9.4
96.9

-5.2
-5.2
-.1
.2

5.9
1.3
.8
3.8

15.1
9.6
-.4
5.9

4.2
5.5
0
-1.3

-9.5
-17.0
-4.3
.9

11.9
4.9
40.6
18.3

31.7
39.8
-15.4
28.1

7.6
19.''
0
-5.:;

Gross private domestic fixed Investment
Nonresidential

Residential
Single-family structures ...
Multifamily structures
Other

NOTE—Dollar levais are found in table 5.5 ol the "Selected NIPA Tables." Mcor vehicles are
found in tables 8.4 (autos) and 8.6 (trucks). Parcel! Ganges in major aggregates are found m
table 8.1.




IV

SURVEY OF CURRENT BUSINESS
"Other" residential investment decreased 5.2
percent after increasing 28.1 percent. The decrease was mainly accounted for by brokers'
commissions, which reflected a decrease in house
sales; sales of new single-family homes decreased
88,000 units, and sales of existing homes decreased 117,000 units (seasonally adjusted annual
rates). In part, the decrease in sales may have reflected an upturn in mortgage rates: After hitting
a 30-year low of 6.83 percent in October 1993,
mortgage rates increased steadily, to 7.68 percent
in March 1994 (chart 4).

construction in a quarter is largely determined
by the housing starts in that quarter and in the
preceding quarter. Therefore, construction in the
first quarter of 1994 reflected housing starts in
that quarter and in the fourth quarter of 1993. In
these two quarters, housing starts averaged 1.23
million units (annual rate), up from an average
of 1.21 million units in the third and fourth quarters; the average for the second and third quarters
had been 1.11 million (chart 3).
Multifamily construction, which currently accounts for less than 5 percent of residential
investment, was unchanged after decreasing 15.4
percent. The rental vacancy rate increased to 7.5
percent from 6.9 percent.

Inventory investment
Real inventory investment—that is, the change
in business inventories—increased $10.6 billion
in the first quarter after increasing $2.0 billion in the fourth. The first-quarter increase
mainly reflected a step-up in nonfarm inventory
accumulation (table 5).
Nonfarm inventories increased $21.1 billion after increasing $12.9 billion. The step-up was
attributable to an upturn in manufacturing inventories and to faster accumulation of retail
automotive inventories.
Manufacturing inventories of both durable
goods and nondurable goods increased in the first
quarter after decreasing in the fourth. The increase in inventories of durable goods was more
than accounted for by electronic and industrial
equipment; the fourth-quarter decrease was more
than accounted for by (ongoing) reductions in inventories of transportation equipment other than
motor vehicles. The increase in inventories of
nondurable goods was accounted for by food and
petroleum.
Wholesale trade inventories decreased in the
first quarter after increasing in the fourth. In-

CHART 4

Selected Interest Rates
Percent
12

Mortgage Commitments
/

3-Month Treasury BiHs
1 1 H i I I I I 1 1 1 II 1 I I I I I 1 I

1901

1992

I 1 1 I I I 1

1993

May 1994

I

1994

McF«d«nlRaMn«Bo«d

U.S. Depwtmnt d Commerce, Bureau of Eoonomte Amtym

Table 5.—Change In Real Business Inventories
[Billions of 1987 dollars; seasonally adjusted at annual rates]
Change from preceding quarter

Level
1994

1993

I
Change In business Inventories
Farm
Nonfarm
Manufacturing
Wholesale trade
. . .
Retail trade
Auto dealers
Other retail trade
Other
Addenda: Motor vehicles
Nonfarm less motor vehicles

II

29.3

13.0

0

-4.1

IV
6.5

-12.9

29.3
-.8
.7
24.0
16.6
7.4
5.4

17.1
5.0
6.6
3.0
-.5
3.5
2.4

19.4
3.1
6.4
4.8
-7.1
11.9
5.0

14.8
14.5

-1.9
19.0

-4.4
23.8

NOTE.—Dollar levels for change in real business Inventories are found in table 5.11 of the
"Selected NIPA Tables.- Motor vehicles are found In tables 8.4 (autos) and 8.6 (trucks).




III

I
8.5

1994

1993

II

III

I

IV

19.1

-16.3

-6.5

2.0

-4.4

-1.9

-4.1

-8.8

8.5

2.5

12.9
-5.3
1.2
11.1
2.4
8.7
5.9

21.1
6.0
-2.2
10.5
10.4
.1
6.8

-12.2
5.8
5.9
-21.0
-17.1
^3.9
-3.0

2.3
-1.9
-.2
1.8
-6.6
8.4
2.6

-6.5
-8.4
-5.2
6.3
9.5
-3.2
.9

82
11.3
-3.4
-.6
8.0
-8.6
.9

42
16.9

-16.7
4.5

-2.5
4.8

7.9
-14.4

.7
7.5

3.5
9.4

10.6

6 • May 1994

SURVEY OF CURRENT BUSINESS
ventories of both durable and nondurable goods
decreased after increasing. The decrease in inventories of durable goods was more than accounted
for by motor vehicles and parts.
Retail trade inventories other than those of
autos changed little in the first quarter after
increasing in the fourth.
Farm inventories decreased $1.9 billion after
decreasing $4.4 billion. Inventories of livestock
decreased after increasing slightly; the decrease
reflected weakness in livestock output. Inventories of crops decreased less than in the fourth
quarter. The first-quarter decrease reflected a
pickup in open-market sales; decreases in the preceding two quarters reflected the effects of floods
in the Midwest and drought in the Southeast in
the summer of 1993.
The constant-dollar ratio of nonfarm inventories to all final sales of domestic businesses was
unchanged at 2.45. A different ratio, in which
final sales are limited to goods and structures,
edged up to 4.22 from 4.21 in the fourth. (The advance estimates had shown first-quarter increases

in these ratios of 0.02 and 0.04, respectively.) In
the fourth quarter, each ratio was at its lowest
level in 20 years.
Net exports of goods and services
Real exports slipped 1.0 percent in the first quarter after jumping 20.4 percent in the fourth. Real
imports slowed to an 8.6-percent increase from a
16.4-percent increase (table 6).
Exports of goods decreased 3.4 percent after
jumping 29.4 percent. Following sharp fourthquarter increases, exports of agricultural products
dropped, and exports of nonagricultural products decreased slightly. Most of the downturn
in nonagricultural exports was accounted for
by autos and by nonautomotive capital goods,
but other major end-use categories also showed
weakness. Exports of services increased after a
modest decrease.
Imports of goods increased 9.8 percent, about
half as much as in the fourth quarter. Imports
of petroleum and petroleum products turned

Table 6.—Real Net Exports of Goods and Services
[Seasonally adjusted at annual rates]
Percent change from preceding quarter

Billions of 1987 dollars

1994

1993

Change from preceding quarter
I flWftl
UtJVOI

1994

1993

ill
in

11
1994:1

II

11

I

IV

III

-100.8

-15.3

-11.1

1.8

-16.3

Exports of goods and services
Goods
Agricultural products
Nonagricultural products ..
Services

618.4
469.0
36.5
422.5
159.4

5.2
4.3
.1
4.2
.8

-1.3

28.1
28.9

-1.6
-4.0
-2.6
-1.4

Imports of goods and services
Goods
Petroleum and products
Nonpetroleum products
Services

719.2
613.0
56.7
556.2
106.2

Net exports of goods and services .

-1.5

1.8

1.1
-.8

27.1

-.8

2.4

3.6
4.1
1.0
4.4
2.0

20.5
19.8

9.8
9.2

26.3
24.0

4.4
15.4

-1.1
10.3

22.5

14.7
14.1
-1.4
15.5

13.3
15.3
37.3
13.1

.7

.6

2.3

.6

2.8

-.4

1.4

1
1

IV
IV

-.9
-.4
-2.0

20.4
29.4
20.7
30.2
-2.0

6.0
6.7

16.4
17.8

8.6
9.8

-7.4

102

8.4
2.4

18.5

-9.3
12.0

92

2.3

-14.6

1.1

-1.0

SA
-24.1
-1.3

6.3

NOTE.-Dollar levels are found in tables 4.2 and 4.4 of the "Selected NIPA Tables," and
percent changes in major aggregates are found in table 8.1.

Table 7.—Real Government Purchases
Percent change from preceding quarter

Billions of 1987 dollars
Change from preceding quarter

1994

1993

I ovol

1993
1994:1
Government purchases

Federal
National d e f e n s e .
Nondefense
State and local
Structures
Other

III

I

IV

II

IV

III

I

933.1

9.8

0.6

0

-&6

4.3

0.3

0

-3.6

344.6
228.0
116.6

1.8
.4
1.5

-5.7
-6.3
.7

-4.7
-3.0
-1.9

-4.4
-9.1
4.8

2.0
.7
5.5

-6.2
-9.8
2.5

-5.2
-4.9
-3.5

-4.9
-14.5
18.3

588.4
92.3
496.1

7.9
5.5
2.4

6.4
4.1
2.3

4.8
2.8
2.0

-4.4
-7.0
2.6

5.6
27.8
2.0

4.5
19.0
1.9

3.3
12.1
1.6

-2.9
-25.4
2.1

NOTE.-Oollar levels are found in table 3.8B of the "Selected NIPA Tables." and percent
changes in major aggregates are found in table 8.1.




II

1994

May 1994

SURVEY OF CURRENT BUSINESS

down, and imports of nonpetroleum products
slowed. The slowdown in nonpetroleum imports
was more than accounted for by autos and by
nonautomotive capital goods; imports of foods,
feeds, and beverages and of industrial supplies
and materials increased more than in the fourth
quarter. Imports of services increased modestly
after a larger increase.
Government purchases
Real government purchases decreased 3.6 percent in the first quarter after no change in the
fourth (table 7). Both Federal Government purchases and State and local government purchases
contributed to the decrease.
Federal defense purchases decreased 14.5 percent after decreasing 4.9 percent. The firstquarter decrease was spread across all types of
purchases, but more than half of it was in services. Within services, the largest decreases were
in contractual research and development and in
travel of persons. Compensation of employees
declined for the 12th consecutive quarter.
Federal nondefense purchases increased 18.3
percent after decreasing 6.5 percent. The increase
was accounted for by purchases of nondurable
goods and of services excluding compensation of
employees.
State and local government purchases decreased 2.9 percent after increasing 3.3 percent.
The decrease was more than accounted for by
structures, which decreased after increases in the
preceding three quarters; most types of structures
contributed to the decrease.
Revisions
The preliminary first-quarter estimate of a 3.0percent increase in real GDP is 0.4 percentage
point higher than the advance estimate (table 8).
The preliminary estimate of gross domestic purchases was revised from a 4.1-percent increase to
a 4.2-percent increase.
The revision to GDP reflected revised estimates
for exports and imports; the revision to gross
domestic purchases did not. Exports were revised up $13.4 billion, and imports were revised
up $9.9 billion; the net effect from these components was an upward revision in GDP of $3.5
billion. The revisions in both exports and imports primarily reflected the incorporation of
newly available source data that showed unexpectedly large increases in exports and imports
in March.
A $1.6 billion revision in gross domestic purchases reflected sizable, but largely offsetting,




revisions in its components. Personal consumption expenditures was revised up $6.5 billion as
a result of the incorporation of revised source
data on retail sales for March; much of the
revision reflected purchases at eating and drinking places. Federal Government purchases was
revised up $6.6 billion as a result of the incorporation of data on total outlays and on outlays
by program for March from the Monthly Treasury Statement. The upward revisions in personal
consumption expenditures and in Federal government purchases were largely offset by an $11.4
billion downward revision in inventory investment. Most of the revision was in nonfarm
inventories and reflected the incorporation of
newly available source data on non-motor vehicle
manufacturing and trade inventories for March.
Table 8.—Revisions in Reai Gross Domestic Product and Prices, First
Quarter 1994
[Seasonally adjusted at annual rates]
Billions of
1987 dollars
Preliminary
estimate

minus
advance
estimate

Percent change from
preceding quarter

Advance
estimate

Preliminary
estimate

5.1

2.6

3.0

13.4
9.9

-9.3
2.8

-1.0
8.6

Equals: Gross domestic purchases ,.,

1.0

4.1

4.2

Personal consumption expenditures .
Durables
NonduraWes
Services

6.5
.5
4.8
1.2

3.8
9.7
2.4
3.1

4.6
10.2
4.2
3.3

-1.8
2.8
-.8

6.4
5.5
-16.1
13.5
9.1

6.5
6.1
-20.1
16.1
7.6

-6.2
-12.0
-13.9
-7.6
-2.6

-3.6
-4.9
-14.5
18.3
-2.9

2.3
2.9

2.6
3.1

Gross domestic product.
Less:. Exports of goods and services ...
Plus. Imports of goods and services ....

Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories .
Nonfarm
Farm
Government purchases

Federal
National defense
Nondefense
State and local
Gross domestic purchases price index (fixed weights)1
GDP price index (fixed weights)l

-11.4
-9.6
-1.7
6.3
6.6
-.4
7.0
-.5

1. Based on 1987 weights.
NOTE.-PreJirninary estimates for the first quarter of 1994 incorporate the following revised or additional major source data that
were not available when the advance estimates were prepared a month ago.
Personal consumption expenditures: Revised retail safes for February and March, and consumers' share of new car and truck
purchases for February.
Nonresidential fixed investment: Construction put in place for January and February (revised) and March, manufacturers'
shipments of machinery and equipment for February (revised) and March, and business' share of new car and truck purchases for
February.
Residential investment Construction put in place for January and February (revised) and March.
Change in business inventories: Manufacturing and trade inventories for February (revised) and March, and revised unit
inventories of motor vehicles for March.
Net exports of goods and services: Exports and imports of goods for February (revised) and March.
Government purchases: Federal outlays for March, State and local construction put in place for February (revised) and March,
and Employment Cost Index for State and local government wages and salaries for the quarter.
Wages and salaries: Revised employment, average hourly earnings, and average weekly hours for February and March.
GDP prices: Detailed price indexes for exports and imports of goods for January through March, values and quantities of
petroleum imports for March, and housing prices for the quarter.

SURVEY OF CURRENT BUSINESS

8 • May 1994

The first-quarter increase in the fixed-weighted
price index for gross domestic purchases was revised up 0.3 percentage point, and the increase
in the index for GDP was revised up 0.2 percentage point. The revisions mainly reflected the
incorporation of newly available price data for
single-family houses for the first quarter.
Alternative measures
Currently, both of BEA'S alternative measures
of real GDP and GDP prices—the chain-type
annual-weighted and benchmark-years-weighted
measures—have 1992 weights for quarters beginning with the third quarter of 1992.3 Consequently, the alternative measures provide an estimate of the effect of shifting the price and quantity weights used in BEA'S featured fixed-weighted
measures from 1987 to 1992.
3. For a discussion of the weights used in calculating the alternative
measures, see Allan H. Young, "Alternative Measures of Change in Real Output and Prices, Quarterly Estimates For i959-92>" SURVEY 73 (March 1993):

In the first quarter, the alternative measures
of real GDP increased 2.8 percent, 0.2 percentage point less than the 1987-weighted measure;
in the fourth quarter, the alternative measures
had increased 0.8 percentage point less than the
1987-weighted measure. About two-thirds of
this narrowing was accounted for by computers,
which increased much less in the first quarter
than in the fourth.
In the first quarter, as well as in the fourth, the
difference between the GDP growth rates reflected
offsetting differences between the growth rates for
the major components. Positive contributions
came from personal consumption expenditures,
gross private domestic investment, and exports;
negative contributions came from government
purchases and imports (which is subtracted in
deriving GDP).
For prices, the difference between the growth
rates of the featured and alternative measures has
been small. In the first quarter, all of the measures of price change for gross domestic purchases
increased 2.6 percent; for GDP, they all increased
3.1 percent.

Table 9.—Corporate Profits
[Seasonally adjusted at annual rates]
Level

Change from
preceding quarter

1994:1
1993:1V

1994:1

Billions of dollars
Profits from current production .
Domestic
Financial

Nonfinancial
Rest of the world
IVA
CCAdj
Profits before tax
Profits tax liability ...
Profits after tax
Cash flow from current production
Profits by industry:
Profits before tax with IVA
Domestic
Financial
Nonfinancial
Manufacturing
Trade
„
Transportation and public utilities
Other
Rest of the world
Receipts (inflows)
Payments (outflows)

474.4
420.9
77.9
343.0
53.5

39.4
47.0
8.5
38.5
-7.6

-33.5
-31.9
-18.2

-13.7
-1.6

-16.0
20.1
470.3
185.3
284.9

-5.3
.1

44.6
23.0
21.6

-11.7
-3.8
-18.1
-7.2
-11.0

550.6

15.7

-6.4

454.3
400.8
90.9
309.9

39.2
46.8
8.8
38.0
22.2
6.3
5.9
3.7
-7.6
-.8
6.8

-29.7
-28.1
-17J2
-10.9

53.5
75.4
21.8

-1.6
2.2
3.7

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

1.172
.769
.289
.113

0.001
-.007
-.003
.010

0.007
.007
.005
-.005

NOTE.-Levets of these and other profits series are found in tables 1.14, 1.16, 6.16C, and
7.15 of the "Selected NIPA Tables."
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment




Corporate Profits
Profits from current production—profits before tax (PBT) plus inventory valuation adjustment (IVA) and capital consumption adjustment
(ccAdj)—decreased $33.5 billion in the first quarter after increasing $39.4 billion in the fourth
(table 9).4
Profits from the domestic operations of financial corporations accounted for more than half of
the decrease in profits from current production.
The decrease in financial profits largely reflected
claims paid by insurance carriers as a result of
the Northridge earthquake.
Profits from the domestic operations of nonfinancial corporations accounted for most of the
rest of the decrease in profits from current production. The decrease in nonfinancial profits
reflected a decrease in unit profits, as increases in
unit labor and nonlabor costs more than offset
an increase in unit prices. The rise in nonlabor
costs largely reflected uninsured losses of fixed
capital in the earthquake.
Profits from the rest of the world decreased
moderately.
4. It is estimated that the Northridge earthquake reduced corporate profits in the first quarter by about $29 billion: Of this reduction, about $20 billion
was accounted for by benefits paid by insurance companies, and about $9
billion was accounted for by damage to corporate equipment and structures
that was not offset by insurance benefits.

SURVEY OF CURRENT BUSINESS

Cash flow from current production, a profitsrelated measure of internally generated funds
available to corporations for investment, decreased $8.4 billion after increasing $15.7 billion.
The decrease in cash flow, together with an increase in nonresidential fixed investment, reduced
cash flow as a percentage of nonresidential investment to 82.6 percent from 85.2 percent. The
ratio has been drifting down from its peak of 93.8
percent in the first quarter of 1992, but is still
higher than it had been in the i98o's.
Related measures.—Industry profits are measured
by PBT with IVA because estimates of the ccAdj
by industry do not exist. Like profits from current production, this measure of profits dropped
sharply in the first quarter after a sharp increase
in the fourth. Like the drop in profits from
current production, more than half of the drop
in PBT with IVA was accounted for by financial
corporations, mainly reflecting property and casualty insurance carriers. Substantial decreases in
the profits of nonfinancial corporations appear to
have been in retail trade and in "other" durable
and "other* nondurable manufacturing.
In profits from the rest of the world, receipts of
profits from foreign affiliates of U.S. corporations
increased $2.2 billion, and payments of profits by
U.S. affiliates of foreign corporations increased
$3.7 billion.
PBT decreased $18.1 billion. The difference
between this decrease and the $33.5 billion decrease in profits from current production mainly
reflected a decrease in the IVA.
The IVA, an estimate of inventory profits with
the sign reversed, decreased $11.7 billion. The
increase in inventory profits reflected an increase
in prices of inventoried goods.
Government Sector

May 1994

and expenditures decreased. The Federal deficit
has decreased for six consecutive quarters after
reaching a record high of $290.7 billion in the
third quarter of 1992.
Receipts.—Receipts increased $24.2 billion in the
first quarter after increasing $39.8 billion in the
fourth. Increases in personal tax receipts and in
contributions for social insurance were offset by
a decrease in corporate profits tax accruals.
Personal tax and nontax receipts increased
$14.0 billion after increasing $8.0 billion. In the
first quarter, growth in wages and salaries resulted in an $8.4 billion increase (in withheld
Table 10.—Government Sector Receipts and Expenditures
[Billions of dollars, seasonally adjusted at annual rates]
Change from preceding quarter

Level

1994

1993

1994:1

Government sector
Receipts
Expenditures
Surplus or deficit (-) ....

2066.9
2,233.4
-166.5

-3.5
8.7

-125

63.8
22.6
41.3

15.1
7.9
7.1

53.8
39.2
14.7

31.7
-1.6
335

1,339.9

-2.7

49.6

7.9

39.8

24.2

544.9

-9.7
5.3
-2.0
3.6

18.6
10.0
4.7
16.4

6.4
-3.1
.5
4.1

8.0
18.8
8.3
4.7

14.0
-5.8
-1.4
17.4

1,504.6

-3.4

8.7

-2.1

34.1

-18.0

441.8
292.6
149.1
664.6
652.0
12.6
168.4
175.7
34.1

-9.7

4.8
2.8
2.1
3.6
3.8
-.2

-3.9
-5.7
1.7
7.2
6.4
.8
5.8
-.3
-11.1
-11.6

-3.6
-2.7
-1.0
14.4
4.6
9.8
8.8
-1.8
16.3
15.7
15.4

1.8
-6.6
8.4
-2.6
8.3
-10.9
-9.0
-A.I
-3.6
-3.8
-5.3
-.3
0

9.9

5.7

42.3

Federal Government

Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance
Expenditures
Purchases
National defense
Nondefense
Transfer payments (net)
To persons
To rest of the world
Grants-in-aid to State and local governments
Net interest paid
Subsidies less current surplus of government enterprises
Subsidies
Ofwhictr. Agricultural subsidies
Less. Current surplus of government enterprises
Less: Wage accruals less disbursements
Surplus or deficit (-)

549.1

152.3
93.6

-10.9
1.2
.3
11.8
-11.5

-.6
-3.0
9.7
7.6
7.5

6.7
4.2

-10.9

-2.1
0

-10.6
-7.8
-7.9
2.8
0

-164.7

.7

40.9

915.4

-1.4

20.8

22.8

-1.6

166.7
33.0
458.2
69.1
188.4

-3.8
.6
1.9
.6
-.6

5.3
2.3
5.9
.7
6.7

1.7
-.7
5.7
.5
5.8

2.1
4.3
7.0
.6
8.8

2.6
-1.4
5.5
.8

-9.0

917.2

11.4

20.6

15.9

13.8

7.5

730.8
106.2
270.3
-44.9
11.1
-27.9
.5
28.4
0

5.6
-1.9
5.7

14.1
7.4
6.9

10.1
4.9
65
.1
.1
-.5
0
.5
0

8.0
45
6.7

5
.1
-.7
0
.8
0

1.6
-7.4
6.4
.1
5
-.5
0
.5
0

-1.8

-12.7

-2.8

8.9

-9.0

57.2
-59.0

2.5
-15.3

-.4
-2.4

-.6
9.5

-.7
-8.3

36.7
12.3
2.5
0

-5
0

State and local governments

The fiscal position of the government sector
improved in the first quarter of 1994, as the
combined deficit of the Federal Government and
of State and local governments decreased $33.2
billion, to $166.5 billion (table 10). The improvement was more than accounted for by the Federal
Government deficit, which decreased from $207.0
billion to $164.7 billion. The State and local government position deteriorated from a surplus of
$7.2 billion to a deficit of $1.8 billion.
Federal

The Federal Government deficit decreased $42.3
billion in the first quarter, as receipts increased




Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals ...
Contributions for social insurance
Federal grants-in-aid
Expenditures
Purchases
Of which: Structures
Transfer payments to persons
Net interest paid
Less: Dividends received by government
Subsidies less current surplus of government enterprises
Subsidies
Less. Current surplus of government enterprises
Less. Wage accruals less disbursements
Surplus or deficit (-)
Social insurance funds
Other

5
0
-.3
0
.3
0

NOTE.-Dollar levels are found in tables 35 and 3.3 of the "Selected NIPA Tables."

5
2

-A
.1
.4
0

-.1

10 • May 1994




SURVEY OF CURRENT BUSINESS
personal income taxes); in addition, provisions
of the Omnibus Budget Reconciliation Act of
1993> largely retroactively increased tax rates, resulted in a $7.0 billion increase. These increases
were partly offset by a decrease resulting from
the annual indexation of withholding tables for
inflation.
Contributions for social insurance increased
$17.4 billion after increasing $4.7 billion. In the
first quarter, the growth in wages and salaries
resulted in a $7.4 billion increase in contributions. In addition, contributions were boosted
$10.0 billion (annual rate) by an increase in the
social security taxable wage base, an increase in
the monthly premium for supplementary medical insurance, and the removal of the $135,000
cap on the medicare taxable wage base.
Corporate profits tax accruals decreased $5.8
billion after increasing $18.8 billion. The decrease
reflected the downturn in corporate profits.
Indirect business tax and nontax accruals decreased $1.4 billion after increasing $8.3 billion.
The decrease reflected the absence of a one-time
tax on commercial inventories of gasoline, diesel
fuel, and aviation fuel that had been collected in
the fourth quarter as part of an increase of 4.3
cents per gallon in the motor fuels tax.
Expenditures.—Expenditures decreased $18.0 billion in the first quarter after increasing $34.1
billion in the fourth. All the major components
of expenditures except purchases contributed to
the decrease.
Grants-in-aid to State and local governments
decreased $9.0 billion after increasing $8.8 billion.
The decrease was mainly attributable to payments
for medicaid, which decreased $6.8 billion after
increasing $4.7 billion.
Net interest paid decreased $4.7 billion after
decreasing $1.8 billion. The first-quarter decrease
continues a downtrend following the record high
in the fourth quarter of 1991.
Subsidies less the current surplus of government enterprises decreased $3.6 billion after increasing $16.3 billion. The decrease was more
than accounted for by agricultural subsidies,
which decreased $5.3 billion after increasing $15.4
billion.
Among agricultural subsidies, Conservation Reserve Program payments decreased
$6.9 billion after increasing $6.9 billion; the decrease was partly offset by increases in floodand drought-related payments and in deficiency
payments, which make up the difference between support prices and market prices for farm
commodities.

Transfer payments decreased $2.6 billion after increasing $14.4 billion. The decrease was
more than accounted for by a $10.9 billion decrease in transfer payments to the rest of the
world; these transfers had increased $9.8 billion in the fourth quarter, primarily because of
$12.0 billion (annual rate) in economic support
payments and other payments to Israel in October. Transfer payments to persons increased
$8.3 billion after increasing $4.6 billion. The
first-quarter increase was mainly attributable to
a $7.7 billion cost-of-living increase in social
security benefits (old-age, survivors, and disability insurance) and to increases in medicare
payments (hospital and supplementary medical
insurance). These increases were partly offset by
a decrease in payments under the program for
emergency unemployment compensation; this
program stopped accepting new applicants on
February 5,1994, and payments will end in May
1994.
Purchases increased $1.8 billion after decreasing $3.6 billion. Nondefense purchases increased
$8.4 billion after decreasing $1.0 billion. The firstquarter increase was primarily in the medical care
programs of the Department of Veterans Affairs
and in the National Institutes of Health and the
Internal Revenue Service. Defense purchases decreased $6.6 billion after decreasing $2.7 billion;
purchases of military durables, nondurables, and
services contributed to the first-quarter decrease.
The civilian buyout program begun last year at
the Department of Defense boosted compensation of defense employees by $0.4 billion in the
first quarter and by $0.9 billion in the fourth.
State and local
The State and local government fiscal position
deteriorated $9.0 billion in the first quarter, as
receipts decreased and expenditures increased.
Receipts decreased $1.6 billion in the first quarter after increasing $22.8 billion in the fourth.
The decrease was more than accounted for
by Federal grants-in-aid, which decreased $9.0
billion—mainly reflecting medicaid—after increasing $8.8 billion. Reflecting the downturn in
corporate profits, corporate profits tax accruals
decreased $1.4 billion after increasing $4.3 billion. Indirect business tax and nontax accruals
increased $5.5 billion after increasing $7.0 billion;
the deceleration was attributable mainly to sales
tax collections, which reflected a slowdown in
retail sales.
Expenditures increased $7.5 billion in the first
quarter after increasing $13.8 billion in the

SURVEY OF CURRENT BUSINESS

fourth.
Purchases increased $1.6 billion after increasing $8.0 billion.
Purchases other
than structures increased more in the first
quarter than in the fourth—$9.0 billion, compared with $3.8 billion—but structures decreased
$7.4 billion after increasing $4.2 billion. The
earthquake that struck Northridge, California,
on January 17 increased purchases by about




$2 billion, primarily for employee compensation. The impact of the earthquake on purchases of structures cannot be separated from
other factors that affected construction, such
as the unseasonably cold weather in much
of the Nation.
Transfer payments to persons increased $6.4 billion after increasing $6.7
billion. Ei

May 1994 •

11

SURVEY OF CURRENT BUSINESS

12

NATIONAL

May 1994

INCOME AND PRODUCT

ACCOUNTS

Selected NIPA Tables
New estimates in this issue: "Preliminary" estimates for the first quarter of 1994.
The selected set of national income and product accounts (NIPA) tables shown in this section presents
quarterly estimates, which are updated monthly. (In most tables, the annual estimates are also shown.) These
tables are available on the day of the gross domestic product (GDP) news release on printouts and diskettes on a
subscription basis or from the Commerce Department's Economic Bulletin Board. For order information, write
to the National Income and Wealth Division (BE-54), Bureau of Economic Analysis, Washington, DC 20230 or
call (202) 606-5304.
Tables containing the estimates for 1929-87 are available in the two-volume set National Income and Product
Accounts of the United States; see inside back cover for order information. For 1988-92, the complete official
time series of NIPA estimates can be found as follows:

Most tables
Tables 1.15,1.16, and 7.15
Tables 3.15-3.20 and 9.1-9.6...
Tables 7.1, 7.2, and 8.1
Tables 7.3-7.12

1988

1989

1990-92

NIPA'S, vol. 2

July 1992 SURVEY

Aug. 1993 SURVEY

»

Sept. 1993 SURVEY

Sept. 1992 SURVEY
Sept. 1993 SURVEY

Sept. 1993 SURVEY

Apr. 1993 SURVEY

Apr. 1993 SURVEY

Summary NIPA series back to 1929 are in the September 1993 SURVEY. Errata to published NIPA tables appear
in the September 1992, April 1993, October 1993, and March 1994 issues, NIPA tables are also available, most
beginning with 1929, on diskettes or magnetic tape. For more information on the presentation of the estimates,
see "A Look at How BEA Presents the NIPA'S" in the February 1994 SURVEY.
NOTE.—This section of the SURVEY is prepared by the National Income and Wealth Division and the
Government Division.

1. National Product and IncomeTable 1.1.—Gross Domestic Product

Table 1.2.—Gross Domestic Product in Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1992

Gross domestic
product
Persona! consumption
expenditures
Durable goods
Nondurable goo
Services

1993

1992

1994

1993

6,038.5 6,377.9 6,194.4 6,261.6 6,327.6 6,395.9 6,526.5 6,617.6

1992

Gross domestic
product

4,139.9 4,391.8 4,256.2 4,296.2 4,359.9 4,419.1 4,492.0 4,558.0

Personal consumption
expenditures

497.3 537.9 516.6 515.3 531.6 541.9 562.8 578.0
1,300.9 1,350.0 1,331.7 1,335.3 1,344.8 1,352.4 1,367.5 1,382.1
2,341.6 2,503.9 2,407.9 2,445.5 2,483.4 2,524.8 2,561.8 2,597.9

Durable goods
Nondurable goods
Services

Gross private domestic
Investment
Fixed investment
Nonresidential
Structures
Producers' durable
equipment
Residential
Change in business
inventories
Nonfarm
Farm
Net exports of goods and
services
Exports .
Imports .
Government purchases .
Federal
National defense
Nondefense
State and local

796.5

891.7

833.3

874.1

874.1

884.0

934.5

966.7

789.1
565.5
172.6

876.1
623.7
178.7

821.3
579.5
171.1

839.5
594.7
172.4

861.0
619.1
177.6

876.3
624.9
179.1

927.6
656.0
185.8

946.6
666.6
176.9

392.9
223.6

445.0
252.4

408.3
241.8

422.2
244.9

441.6
241.9

445.8
251.3

470.2
271.6

489.7
280.0

7.3
2.3
5.0

15.6
21.1
-5.5

12.0
9.5
2.4

34.6
33.0
1.5

13.1
16.8
-3.7

7.7
22.6
-14.9

6.9
12.0
-5.0

20.1
21.7
-1.6

-29.6

-63.6

-38.8

-48.3

-65.1

-71.9

-69.1

-79.7

640.5
670.1

661.7
725.3

654.7
693.5

651.3

660.0
725.0

653.2
725.1

682.4
751.5

681.6
761.3

1,131.8 1,158.1 1,143.8 1,139.7 1,158.6 1,164.8 1,169.1 1,172.6
448.8
313.8
135.0
683.0

443.4
303.4
140.1
714.6

452.4
315.7
136.7
691.4

442.7
304.8
137.9
697.0

447.5
307.6
140.0
711.1

443.6
301.9
141.7
721.2

440.0
299.2
140.7
729.2

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




441.8
292.6
149.1
730.8

Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Producers' durable
equipment
Residential
Change in business
inventories
Nonfarm
Farm
Net exports of goods and
services
Exports ...
Imports ...
Government purchases .
Federal
National defense
Nondefense
State and local

1994

1993

1993

4,986.3 5,136.0 5,068.3 5,078.2 5,102.1 5,138.3 5,225.6 5,264.1
3,341.8 3,453.2 3,397.2 3,403.8 3,432.7 3,469.6

3,546.3

456.6 490.0 473.4 471.9 484.2 493.1 510.9 523.4
1,062.9 1,088.1 1,081.8 1,076.0 1,083.1 1,093.0 1,100.2 1,111.5
1,822.3 1,875.2 1,842.0 1,855.9 1,865.4 1,883.5 1,895.8 1,911.4
732.9

820.3

763.0

803.0

803.6

813.4

861.4

885.5

726.4
529.2
150.6

806.0
591.8
151.5

754.3
543.7
148.0

773.7
562.3
148.2

790.6
584.3
151.1

806.9
594.8
1512

852.9
625.7
155.6

866.4
635.0
147.1

378.6
197.1

440.2
214.2

395.7
210.6

414.1
211.4

433.2
206.2

443.6
212.1

470.0
227.2

487.9
231.4

6.5
2.7
3.8

14.3
19.7
-5.3

8.7
7.5
1.2

29.3
29.3
0

13.0
17.1
-4.1

6.5
19.4
-12.9

8.5
12.9
-4.4

19.1
21.1
-1.9

-33.6

-76.5

-38.8

-59.9

-75.2

-86.3

-84.5 -100.8

578.0
611.6

598.3
674.8

591.6
630.3

588.0
647.9

593.2
668.4

591.9
6782

620.0
704.5

945.2

938.9

946.9

931.3

941.1

941.7

941.7

933.1

373.0
261.2
111.8
5725

354.9
242.4
112.5
584.0

373.7
261.3
112.4
573.2

357.6
246.0
111.5
573.7

359.4
246.4
113.0
581.6

353.7
240.1
113.7
588.0

349.0
237.1
111.8
592.8

344.6
228.0
116.6
588.4

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

618.4
719.2

May 1994

SURVEY OF CURRENT BUSINESS

Table 1.4.—Gross Domestic Product by Major Type of Product
in Constant Dollars

Table 1.3.—Gross Domestic Product by Major Type of Product
[Billions of dollars]

[Billions of 1987 dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1992

1993

Gross domestic
product
Final sales of domestic
product
Change in business
inventories
Goods l

1994

1993

1992
IV

I

II

III

6,031.2 6,362.3 6,182.5 6,227.1 6,314.5 6,388.2 6,519.6 6,597.5
15.6

12.0

34.6

13.1

7.7

20.1

6.9

2,312.8 2,421.9 2,377.6 2,397.4 2,408.1 2,409.4 2,472.7 2,521.7

Final sales
Change in business
inventories

2,305.5 2,406.3 2,365.6 2,362.9 2,395.0 2,401.7 2,465.8 2,501.6

Durable goods
Final sales
Change in business
inventories

977.9 1,047.9 1,007.1 1,018.6 1,040.5 1,047.7 1,084.7 1,119.1
975.8 1,037.0 1,008.3 1,003.5 1,037.8 1,032.9 1,073.7 1,097.4

Nondurable goods
Final sales
Change in business
inventories

1,334.9 1,374.0 1,370.5 1,378.9 1,367.5 1,361.6 1,388.0 1,402.6
1,329.6 1,369.3 1,357.3 1,359.3 1,357.1 1,368.8 1,392.1 1,404.2

Servicesl

7.3

2.0

5.3

15.6

10.9

4.7

12.0

-1.2

13.2

34.6

15.0

19.5

13.1

2.7

10.4

7.7

14.8

-7.2

20.1

6.9

21.7

11.0

-4.1

-1.6

3,221.1 3,410.5 3,296.1 3,341.8 3,388.1 3,437.8 3,474.3 3,524.7
504.6

Structures

545.5

520.8

522.4

531.5

548.7

579.5

1992

1993

1994

1993

1992

I

IV

6,038.5 6,377.9 6,194.4 6,261.6 6,327.6 6,395.9 6,526.5 6,617.6

7.3

• 13

571.2

Gross domestic
product
Final sales of domestic
product
Change in business
inventories
Goods 1
Final sales
Change in business
inventories
Durable goods
Final sales
Change in business
inventories
Nondurable goods
Final sales
Change in business
inventories
Servicesl
Structures

4,986.3 5,136.0 5,068.3 5,078.2 5,102.1 5,138.3 5,225.6 5,264.1
4,979.8 5,121.7 5,059.6 5,048.9 5,089.1 5,131.8 5,217.1 5,245.0
6.5

14.3

8.7

29.3

13.0

6.5

19.1

8.5

2,005.7 2,083.8 2,057.7 2,060.2 2,069.1 2,074.9 2,130.9 2,163.8
1,999.2 2,069.5 2,049.0 2,030.9 2,056.1 2,068.5 2,122.5 2,144.6
6.5

14.3

8.7

29.3

13.0

914.0
911.7

981.2
970.6

941.8
942.6

951.2
938.2

968.9
964.9

2.4

10.6

-.8

13.0

3.9

6.5

19.1

8.5

982.5 1,0225 1,049.7
968.7 1,010.5 1,029.6
13.9

20.1

11.7

1,091.7 1,102.6 1,116.0 1,109.0 1,100.2 1,092.4 1,108.7 1,114.0
1,087.6 1,098.9 1,106.4 1,092.7 1,091.1 1,099.8 1,111.9 1,115.0
4.1

3.7

9.6

16.3

9.1

-7.4

-1.0

-32

2,534.7 2,586.4 2,556.5 2,565.3 2,577.5 2,596.7 2,606.0 2,623.6
445.8

465.9

454.2

452.7

455.5

466.6

488.7

476.7

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 1.5.—Relation of Gross Domestic Product, Gross Domestic
Purchases, and Final Sales to Domestic Purchasers

Table 1.6.—Relation of Gross Domestic Product, Gross Domestic
Purchases, and Final Sales to Domestic Purchasers in Constant
Dollars

[Billions of dollars]

Gross domestic product ...
Less: Exports of goods and
services
Plus: Imports of goods and
services
Equals: Gross domestic
purchases1
Less: Change in business
inventories
Equals: Final sales to
domestic purchasers2

[Billions of 1987 dollars]

6,038.5 6,377.9 6,194.4 6,261.6 6,327.6 6,395.9 6,526.5 6,617.6
640.5

661.7

654.7

670.1

725.3

693.5

651.3
725.0

653.2

682.4

681.6

725.1

751.5

761.3

6,068.2 6,441.5 6,233.2 6,309.9 6,392.7 6,467.8 6,595.6 6,697.3

Gross domestic product....
Less: Exports of goods and
services
Plus: Imports of goods and
services
,
Equals: Gross domestic
purchasesl

20.1

Less: Change in business
inventories

6,060.8 6,425.9 6,221.2 6,275.4 6,379.5 6,460.1 6,588.7 6,677.2

Equals: Final sates to
domestic purchasers2

7.3

15.6

12.0

34.6

13.1

7.7

6.9

1. Purchases by U.S. residents of goods and services wherever produced.
2. Final sales to U.S. residents of goods and services wherever produced.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

4,986.3 5,136.0 5,068.3 5,078.2 5,102.1 5,138.3 5,225.6 5,264.1
578.0

598.3

591.6

588.0

593.2

591.9

620.0

618.4

611.6

674.8

630.3

647.9

668.4

678.2

704.5

719.2

5,019.9 5,212.5 5,107.1 5,138.1 5,177.4 5,224.6 5,310.0 5,364.9
6.5

14.3

8.7

29.3

13.0

6.5

8.5

19.1

5,013.4 5,198.2 5,098.4 5,108.8 5,164.3 5,218.1 5,301.6 5,345.8

1. Purchases by U.S. residents of goods and services wherever produced.
2. Final sales to U.S. residents of goods and services wherever produced.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 1.7.—Gross Domestic Product by Sector

Table 1.8.—Gross Domestic Product by Sector in Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]

Gross domestic
product
Business

6,038.5 6,377.9 6,194.4 6,261.6 6,327.6 6,395.9 6,526.5 6,617.6
5,114.4 5,404.5 5,254.4 5,303.0 5,359.0 5,416.6 5,539.5 5,614.9

Nonfarm
5,006.4 5,306.9 5,138.7 5,184.7 5,263.7 5,330.1 5,449.1 5,523.5
Nonfarm less housing .... 4,505.4 4,791.0 4,639.6 4,674.0 4,751.0 4,812.8 4,926.4 4,982.6
Housing
501.0 515.9 499.1 510.8 512.7 517.4 522.8 541.0
Farm
83.8
96.1
84.4
83.6
82.4
83.3
89.2
73.2
Statistical discrepancy
34.4
-4.7
23.6
32.1
15.2
12.0
1.2
13.3
Households and institutions
Private households
Nonprofit institutions

267.0

286.3

275.7

280.3

284.7

288.1

292.3

297.9

10.1
256.9

11.1
275.2

10.6
265.2

10.8
269.5

11.0
273.7

11.3
276.8

11.5
280.8

11.7
286.3

Gross domestic
product
Business

4,986.3 5,136.0 5,068.3 5,078.2 5,102.1 5,138.3 5,225.6 5,264.1
4,267.6 4,408.0 4,346.2 4,353.9 4,374.1 4,408.4 4,495.4 4,531.2

Nonfarm
4,168.4 4,321.1 4,240.0 4,247.4 4,288.1 4,330.1 4,418.7 4,457.1
Nonfarm less housing .... 3,769.3 3,915.8 3,839.3 3,844.8 3,883.7 3,924.0 4,010.6 4,047.1
Housing
399.1 405.3 400.7 402.6 404.4 406.1 408.1 410.0
Farm
79.6
78.2
77.9
74.4
79.7
67.5
75.7
76.2
Statistical discrepancy
19.7
28.3
-3.8
12.5
26.5
10.8
1.0
9.8
Households and institutions
Private households ..
Nonprofit institutions

209.1

217.0

212.4

213.5

216.8

219.4

221.3

8.8
200.4

9.3
207.7

9.0
203.4

92
204.3

9.3
207.5

9.4
209.0

9.5
209.9

9.6
211.7

General government

657.1

687.1

664.3

678.4

683.9

691.2

694.7

704.7

General government

509.5

511.1

509.8

510.8

511.3

511.5

510.8

511.6

Federal
State and local
Addendum:
Gross domestic business
product less housing

199.8
457.3

207.0
480.1

198.7
465.6

206.2
472.1

206.2
477.7

208.3
483.0

207.1
487.6

210.8
493.9

Federal
State and local

150.5
359.0

1472
363.9

148.8
361.0

148.8
362.0

147.8
363.4

146.9
364.5

145.1
365.7

144.5
367.0




4,608.9

Addendum:
Gross domestic business
product less housing ...

3,864.9

SURVEY OF CURRENT BUSINESS

14 • May 1994

Table 1,9.—Relation of Gross Domestic Product, Gross National
Product, Net National Product, National Income, and Personal
Income

Table 1.10.—Relation of Gross Domestic Product, Gross National
Product, Net National Product, and National Income in Constant
Dollars

[Billions of dollars]

[Billions of 1987 dollars]

Seasonally adjusted at annual rates
1992

1993

1993

1992

Seasonally adjusted at annual rates
1994

1992

1993

1992

IV
Gross domestic product
Plus: Receipts of factor
income from the rest of the
world 1
Less: Payments of factor
income to the rest of the
world 2
Equals: Gross national
product
Less: Consumption of fixed
capital
Capital
consumption
allowances
Less: Capital
consumption
adjustment
Equals: Net national product
Less: Indirect business tax
and nontax liability
Business transfer
payments
Statistical discrepancy
Plus: Subsidies less current
surplus of government
Equals: National income
Less: Corporate profits with
inventory valuation and
capital consumption
adjustments
Net interest
Contributions for
sociai insurance
Wage accruals less
disbursements
Plus: Personal interest income
Personal dividend
income
Government transfer
payments to
persons
Business transfer
payments to
persons

6,038.5 6,377.9 6,194.4 6,261.6 6,327.6 6,395.9 6,526.5 6,617.6

129.2

131.7

122.3

122.8

131.9

135.1

137.2

143.6

121.9

131.6

124.8

122.4

132.3

128.7

142.8

146.5

6,045.8 6,378.1 6,191.9 6,262.1 6,327.1 6,402.3 6,520.9 6,614.6
657.9

671.3

648.0

663.2

663.3

679.7

679.0

735.8

630.0

612.1

622.3

624.8

636.3

636.4

664.9

-52.1

-41.3

-46.0

-40.9

-38.4

-43.4

-42.6

-70.9

5,387.9 5,706.8 5,543.9 5,598.8 5,663.9 5,722.6 5,841.9 5,878.8
502.8

530.5

515.7

515.6

526.2

532.4

547.7

551.8

27.6
23.6

27.9
15.2

28.1
32.1

27.0
34.4

27.8
12.0

28.4
13.3

28.3
1.2

28.2
-4.7

2.7

7.0

7.7

17.1

6.1

-5.3

10.3

6.2

4,836.6 5,140.3 4,975.8 5,038.9 5,104.0 5,143.2 5,275.0 5,309.8

II

III

IV

I

Equals: Gross national
product

105.5

104.7

98.9

98.3

105.0

107.1

108.5

112.7

97.7

102.2

98.8

95.8

103.0

99.6

110.4

112.4

4,994.0 5,13a 6 5,068.4 5,080.7 5,104.1 5,145.8 5,223.7 5,264.4

Less: Consumption of fixed
capital

595.0

Less: Indirect business tax
and nontax liability plus
business transfer payments
less subsidies plus current
surplus of government
enterprises
Statistical discrepancy

598.6

584.0

595.0

592.5

604.4

602.4

648.9

4,399.0 4,540.0 4,484.4 4,485.8 4,511.6 4,541.4 4,621.3 4,615.4

402 0
19.7

417 5
12.5

4093
26.5

4116
28.3

4149

9.8

4191
10.8

4244

1.0

428.6
-3.8

3,977.3 4,110.1 4,048.6 4,045.9 4,087.0 4,111.4 4,196.0 4,190.6

Equals: National income

4,391.2 4,537.5 4,484.4 4,483.3 4,509.6 4,533.8 4,623.2 4,615.2
,.. 3,969.5 4,107.5 4,048.5 4,043.4 4,085.0 4,103.9 4,197.8 4,190.4
4,974.3 5,126.1 5,041.9 5,052.5 5,094.3 5,135.0 5,222.7 5,268.2

1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign
affiliates of U.S. corporations.
2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.

407.2
442.0

466.6
445.6

439.5
447.7

432.1
450.1

458.1
4435

468.5
444.6

507.9
444.5

474.4
449.7

Table 1.11.—Command-Basis Gross National Product in Constant
Dollars

555.6

585.3

564.6

568.9

585.9

590.5

595.9

614.0

[Billions of 1987 dollars]

-20.0
694.3

20.0
695.2

-80.0
694.5

80.0
695.4

0
693.

0
695.7

0
696.7

0
700.2

140.4

158.3

152.3

157.0

159.0

159.4

160.7

836.8

890.2

855.4

873.0

896.4

907.5

922.3

157.8

883.7

Equals: Personal income

21.4
22.1
22.0
21.9
22.3
22.0
21.6
21.8
5,144.9 5,388.3 5,328.3 5,254.7 5,373.2 5,412.7 5,512.7 5,576.8

Addenda:
Net domestic product
Domestic income ,
Gross national income

5,380.7 5,706.6 5,546.4 5,598.4 5,664.3 5,716.2 5,847.5 5,881.7
4,829.4 5,140.1 4,978. 5,038.4 5,104.5 5,136.8 5,280.6 5,312.7
6,022.2 6,362.9 6,159.9 6,227.6 6,315.2 6,389.0 6,519.7 6,619.3

1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign
affiliates of U.S. corporations.
2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.




Plus: Receipts of factor
income from the rest of the
world 1
Less: Payments of factor
income to the rest of the
world 2
. . .

Addenda:
Net domestic product
Domestic income
Gross national income

I

4,986.3 5,136.0 5,068.3 5,078.2 5,102.1 5,138.3 5,225.6 5,264.1

Gross domestic product

Equals: Net national product
605.7

1994

1993

Gross national product
Less: Exports of goods and
services and receipts of
factor income from the rest
of the world
Plus: Command-basis exports
of goods and services and
receipts of factor income l

4,994.0 5,138.6 5,068.4 5,080.7 5,104.1 5,145.8 5,223.7 5,264.4

683.5

703.0

690.4

686.4

698.1

699.0

728.5

731.0

689.3

719.5

692.4

700.4

712.5

718.1

746.8

755.9

Equals: Command-basis
gross national product .... 4,999.8 5,155.0 5,070.3 5,094.8 5,118.4 5,164.9 5,241.9 5,289.2
Addendum:
Terms of trade 2

100.9

102.3

100.3

102.0

102.1

102.7

102.5

103.4

1. Exports of goods and services and receipts of factor income deflated by the implicit price deflator for
imports of goods and services and payments of factor income.
2. Ratio of the implicit price deflator for exports of goods and services and receipts of factor income to the
corresponding implicit price deflator for imports with the decimal point shifted two places to the right.
NOTE.-Percent changes from preceding period for selected items in this table are shown in table 8.1.

SURVEY OF CURRENT BUSINESS

May 1994

•

15

Table 1.16.—Gross Domestic Product of Corporate Business in
Current Dollars and Gross Domestic Product of Nonfinancial
Corporate Business in Current and Constant Dollars

Table 1.14.—National Income by Type of Income
[Billions of dollars]
Seasonally adjusted at annual rates
1992

1993

1992

IV

II

I

Seasonally adjusted at annual rates

1994

1993

IV

1992

1992

I

1994

1993
III

National Income
Compensation of employees
Wages and salaries
Government
Other
Supplements to wages and
salaries
Employer contributions
for social insurance ...
Other labor income
Proprietors' income with
IVA and CCAdj
Farm
Proprietors' income with
IVA
CCAdj
Nonfarm
Proprietors' income
IVA
CCAdj

3,582.0 3,772.2 3,658.6 3,705.1 3,750.6 3,793.9 3,839.2 3,908.5
2,953.1 3,100.5 3,015.8 3,054.3 3,082.7 3,115.4 3,149.6 3,201.9
667.5 589.7 574.2 584.1 586.3 592.8 595.4 603.0
2,385.6 2,510.8 2,441.6 2,470.2 2,496.3 2,522.6 2,554.2 2,598.9
629.0

671.7

642.8

650.7

666.0

678.5

306.3
322.7

321.0
350.7

311.3
331.5

312.2
338.5

321.4
346.6

323.8
354.7

326.7
362.9

334.7
371.9

414.3

443.2

431.2

444.1

439.4

422.5

467.0

474.6

43.7

46.0

47.6

55.7

47.0

24.8

56.4

57.9

Corporate profits with IVA
and CCAdj
Corporate profits with IVA ..
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
IVA
CCAdj
Net Interest
Addenda:
Corporate profits after tax
with IVA and CCAdj
Net cash flow with IVA
and CAdj
Undistributed profits
with IVA and CCAdj
Consumption of fixed
capital
Less: IVA
Equals: Net cash flow ....




706.6

51.2
-7.5

53.1
-7.1

54.8
-7.2

62.8
-7.1

54.1
-7.1

32.1
-7.3

63.5
-7.0

65.0
-7.0

370.6
358.0
-.5
13.1

397.3
385.3
-1.0
13.0

383.6

388.4
376.4
-1.6
13.7

392.4
380.3
-1.2
13.3

397.6
385.4
-.4
12.7

410.6
399.2

416.6
406.2
-1.0
11.4

12.6

-1.2

7.5

12.7

13.7

16.4

2.5

57.4
-66.3

75.2
-62.6

57.4
-58.6

73.2
71.3
-63.8 -60.4

77.2
-63.5

79.0
-62.6

88.7
-86.2

407.2

466.6

439.5

432.1

458.1

468.5

507.9

474.4

390.1
395.4
146.3
249.1
150.5
98.6
-5.3

442.3
449.4
174.0
275.4
169.0
106.4
-7.1

414.8
409.9

407.0
419.8
160.9
258.9
167.5
91.4
-12.7

433.4
445.6
173.3
272.3
168.5
103.9
-12.2

444.8
443.8
169.5
274.3
169.7
104.6
1.0

484.0
488.4
192.5
295.9
170.3
125.6
-4.3

454.3
470.3
185.3
284.9
171.8
113.2
-16.0

Rental income of persons
with CCAdj
Rental income of persons ..
CCAdj

IV

I

4,836.6 5,140.3 4,975.8 5,038.9 5,104.0 5,143.2 5,275.0 5,309.8

17.1

24.3

442.0

445.6

362.2
7.8
13.7

155.0
254.9
162.9

92.0
4.9
24.7
447.7

-.9
12.3

25.1

24.7

23.8

23.9

20.1

450.1

443.2

444.6

444.5

449.7

Billions of dollars

Gross domestic
product of corporate
business
Consumption of fixed capital ..
Net domestic product
Indirect business tax and
nontax liability plus
business transfer
payments less subsidies

Gross domestic
product of financial
corporate business ..

284.5

271.2

284.8

299.1

315.4

289.1

507.0

532.4

518.2

505.9

521.5

543.3

559.0

550.6

110.4

123.6

121.7

103.7

116.3

129.3

145.1

117.3

396.6
-5.3
512.3

408.8
-7.1
539.5

396.5
4.9
513.2

402.2
-12.7
518.7

405.2
-12.2
533.7

414.0
1.0
542.3

413.9
-4.3
563.3

433.3
-16.0
566.6

408.8

396.5

402.2

405.2

414.0

359.6

378.4

368.3

365.1

377.2

413.9

433.3

3,481.3 3,501.8

380.4

391.2

395.3

328.3

366.8

337.2

346.7

363.3

371.6

385.8

376.1

Gross domestic
product of
nonfinancial
corporate business .. 3,243.4 3,417.3 3,331.6 3,331.7 3,395.9 3,432.2 3,509.4 3,559.1

Net domestic product
292.6

396.6

3,175.1 3,375.3 3,272.3 3,276.2 3,354.0

2,815.5 2,996.9 2,904.0 2,911.1 2,976.8 3,009.4 3,090.1 3,106.6
Domestic income
Compensation of
2,337.4 2,460.2 2,390.3 2,408.2 2,448.7 2,475.7 2,508.3 2,556.4
employees
Wages and salaries ... 1,940.9 2,038.4 1,983.9 2,002.8 2,029.0 2,048.7 2,073.3 2,109.7
Supplements to wages
396.5 421.8 406.3 405.3 419.7 427.0 435.0 446.7
and salaries
Corporate profits with
344.9 407.9 384.8 373.0 400.0 405.8 452.8 420.9
IVA and CCAdj
333.2 390.7 355.2 360.7 387.5 381.1 433.3 416.7
Profits before tax
146.3 174.0 155.0 160.9 173.3 169.5 192.5 185.3
Profits tax liability ..
Profits after tax
186.9 216.6 200.2 199.8 214.3 211.6 240.8 231.4
127.3 155.0 147.4 156.7 152.9 152.5 157.9 156.3
Dividends
Undistributed
61.4
43.2
75.1
82.9
59.1
52.8
61.6
59.6
profits
-4.3 -16.0
1.0
4.9 -12.7 -12.2
-7.1
-5.3
IVA
23.9
23.8
24.7
24.3
20.1
24.7
25.1
17.1
CCAdj
133.2 128.7 128.9 129.9 128.1 127.9 129.0 129.3
Net interest

Consumption of fixed capital ..

260.9

3,571.7 3,784.1 3,668.8 3,678.4 3,759.2 3,803.8 3 895 2 3,935.1

Indirect business tax and
nontax liability plus
business transfer
payments less subsidies

352.7

362.2

351.7

356.8

359.0

367.0

366.0

384.2

2,890.7 3,055.1 2,979.9 2,975.0 3,036.8 3,065.1 3,143.3 3,174.9

327.7

345.2

336.0

333.0

344.0

347.0

356.9

360.8

2,563.1 2,709.8 2,643.9 2,642.0 2,692.8 2,718.1 2,786.4 2,814.0
Domestic income
Compensation of
2,149.5 2,255.6 2,195.9 2,215.0 2,244.7 2,267.1 2,295.7 2,336.9
employees
Wages and salaries ... 1,782.4 1,866.4 1,820.0 1,840.3 1,857.3 1,873.3 1,894.8 1,925.6
Supplements to wages
367.0 389.2 375.9 374.7 387.4 393.8 400.9 411.2
and salaries
Corporate profits with
278.3 320.5 314.1 292.1 315.0 318.2 356.7 343.0
IVA and CCAdj
255.1 291.6 273.2 268.4 291.2 281.8 325.2 325.9
Profits before tax
98.2 117.0 105.8 106.4 117.6 112.5 131.4 130.7
Profits tax liability ..
156.9 174.7 167.4 162.0 173.6 169.3 193.7 195.2
Profits after tax
126.3 120.7 127.4 125.4 124.0 128.4 127.9
105.2
Dividends
Undistributed
46.7
48.2
48.4
51.7
67.3
65.3
45.3
34.6
profits
-7.1
-5.3
-4.3 -16.0
1.0
4.9 -12.7 -12.2
35.9
28.5
35.9
35.4
36.0
33.1
36.0
36.4
135.3 133.7 133.9 134.9 133.1 132.8 134.0 134.2
Net interest
Billions of 1987 dollars

product of
corporate business.. 2,822.3 2,936.3 2,887.4 2,867.5 2,916.6 2,948.9 3,012.1 3,038.1
318.4 324.2 317.2 321.0 321.4 327.9 326.5 342.3
Consumption of fixed capital..
Net domestic product
2,503.9 2,612.1 2,570.1 2,546.5 2,5952 2,620.9 2,685.6 2,695.7
Indirect business tax and
nontax liability plus
business transfer
payments less subsidies
258.7 2702 264.5 265.7 268.4 271.6 275.1 278.5
Domestic income
2,245.2 2,341.9 2,305.7 2,280.8 2,326.8 2,349.3 2,410.5 2,4172

l6

• May 1994

SURVEY OF CURRENT BUSINESS

2* Personal Income and OutlaysTable 2.2.—Personal Consumption Expenditures by Major Type of
Product

Table 2.1.—Personal Income and Its Disposition
[Billions of dollars]

[Billions of dollars]
Seasonally adjusted at annual rates
1992

1993

1992

I

IV
Personal income
Wage and salary
disbursements
Commodity-producing
industries
Manufacturing
Distributive industries
Service industries
Government

II

Seasonally adjusted at annual rates

1994

1993

HI

1992

I

IV

1993

1993

1992

5,144.9 5,388.3 53283 5,254.7 5,373.2 5,412.7 5,512.7 5,576.8
2,973.1 3,080.5 3,095.8 2,974.3 3,082.7 3,115.4 3,149.6 3,201.9

Other labor Income
Proprietors' income with
inventory valuation and
capital consumption
adjustments
Farm
Nonfarm

756.5 763.6 783.3
577.6 577.3 602.0
682.0 706.6 709.9
967.0 1,020.6 1,028.4
567.5 589.7 574.2

740.7 765.1 769.4 779.3 789.6
559.7 580.3 581.5 587.8 595.6
682.9 709.1 714.4 720.1 733.4
966.6 1,0225 1,038.8 1,054.7 1,075.9
584.1 586.3 592.8 595.4 603.0

322.7

338.5

414.3
43.7
370.6

350.7

443.2
46.0
397.3

331.5

431.2
47.6
383.6

444.1
55.7
388.4

346.6

439.4
47.0
392.4

354.7

422.5
24.8
397.6

362.9

467.0
56.4
410.6

371.9

474.6
57.9
416.6

Rental Income of persons
with capital
consumption
adjustment

-6.9

12.6

-1.2

7.5

12.7

13.7

16.4

2.5

Personal dividend income

140.4

158.3

152.3

157.0

157.8

159.0

159.4

160.7

Personal interest income

694.3

695.2

694.5

695.4

693.1

695.7

696.7

700.2

858.4

912.1

877.4

894.4

905.5

918.5

929.8

944.3

413.9

438.4

420.8

433.1

435.0

439.4

446.1

457.8

39.2
19.3

34.1
20.0

37.8
19.0

34.5
20.0

34.4

202

35.1
20.1

32.3
19.6

27.0
19.9

108.3
277.7

115.5
304.1

110.2
289.7

112.8
294.0

114.6
301.3

116.4
307.5

118.3
313.5

118.8
320.8

23.3
254.4

23.9
280.2

23.5
266.2

23.6
270.4

24.1
2772

24.0
283.5

24.1
289.4

23.9
296.8

Personal consumption
expenditures
Durable goods
Motor vehicles and parts ...
Furniture and household
equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household
operation
Transportation
Medical care

Other

Transfer payments to
persons
Old-age, survivors,
disability, and health
insurance benefits
Government
unemployment
insurance benefits
Veterans benefits
Government employees
retirement benefits
Other transfer payments
Aid to families with
dependent children
Other

4,139.9
497.3
204.3
194.5
98.5
1,300.9
633.7
228.2
103.4
13.8
321.8
2,341.6

4,391.8 4,256.2 4,296.2 4,359.9 4,419.1 4,492.0 4,558.0
537.9

516.6

515.3

531.6

541.9

562.8

578.0

222.3

213.7

211.7

220.8

221.7

235.1

249.5

211.7
103.9

202.7
100.2

203.3
100.3

208.6
1022

214.0
106.2

220.8
106.9

220.6
107.9

1,350.0 1,331.7 1,335.3 1,344.8 1,352.4 1,367.5 1,382.1
657.8
237.3
103.7
15.1
336.0

647.6
236.1
1052
13.9
328.9

648.2
233.1
106.0
15.1
332.9

654.1
235.2
103.6
14.9
3372

660.0
238.2
102.4
15.4
336.4

669.1
242.7
102.9
15.0
337.7

677.8
243.4
101.5
17.0
342.5

2,503.9 2,407.9 2,445.5 2,483.4 2,524.8 2,561.8 2,597.9

600.0
234.4
105.8

627.9
251.2
113.4

6092
245.0
111.0

617.6
245.7
111.1

625.1
246.7
109.8

631.1
255.2
116.4

637.8
257.3
116.2

647.1
255.8
116.6

128.7
155.4
628.4
723.5

137.8
170.0
680.9
773.8

134.0
162.4
646.9
744.3

134.5
166.3
662.2
753.8

136.9
169.1
675.4
767.1

138.7
170.9

141.1
173.8
6992
793.7

1392
177.3
710.3
807.4

780.7

Table 2.3.—Personal Consumption Expenditures by Major Type of
Product in Constant Dollars
[Billions of 1987 dollars]

Less: Personal
contributions for social
Insurance

249.3

Less: Personal tax and
nontax payments

644.8

264.3
681.6

253.3
670.7

256.6
657.1

264.5
681.0

266.8
689.0

269.2
699.2

279.3
715.8

Personal consumption
expenditures
Durable goods
Motor vehicles and parts ...
Furniture and household
equipment
Other „
Nondurable goods
Food
Clothing and shoes

Gasoline and oil

Equals: Disposable personal
income

4,500.2 4,706.7 4,657.6 4,597.5 4,692.2 4,723.7 4,813.5 4,860.9

Less: Personal outlays

4,261.5 4,516.8 4,377.9 4,419.7 4,483.6 4,544.0 4,620.1 4,689.2

Personal consumption
expenditures
4,139.9 4,391.8 4,256.2 4,296.2 4,359.9 4,419.1 4,492.0 4,558.0
111.1 114.0 111.3 112.5 112.7 114.1 116.8 119.6
Interest paid by persons ....
Personal transfer payments
10.4
to rest of the world (net)
11.0
11.0
11.0
11.2
11.6
10.5
10.8
Equals: Personal saving
Addenda:
Disposable personal
income:
Total, billions of 1987
dollars
Per capita:
Current dollars
1987 dollars
Population (mid-period,
millions)
Personal saving as
percentage of disposable
personal income

238.7

189.9

279.7

177.9

208.7

179.7

193.4

3,632.5 3,700.9 3,717.6 3,642.6 3,694.4 3,708.7 3,757.9 3,782.1
17,615 18,225 18,153 17,876 18,196 18,265 18,561 18,699
14,219 14,330 14,490 14,163 14,326 14,341 14,491 14,549
255.5

258.3

256.6

257.2

257.9

258.6

259.3

260.0

5.3

4.0

6.0

3.9

4.4

3.8

4.0

3.5

NOTE.-Percent changes from preceding period for selected Hems in this table are shown in table 8.1.




171.8

Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household
operation
Transportation
Medical care
Other

3,341.8 3,453.2 3,397.2 3,403.8 3,432.7 3,469.6 3,506.9 3,546.3
456.6

490.0

473.4

471.9

484.2

493.1

510.9

523.4

182.3

191.7

188.6

185.7

191.3

189.9

199.7

211.3

194.8
79.5

216.3
82.0

2042
80.6

206.5
79.7

212.4
80.6

219.4
83.7

227.1
84.1

227.9
84.3

1,062.9 1,088.1 1,081.8 1,076.0 1,083.1 1,093.0 1,100.2 1,111.5
520.5
193.7
83.9
11.9
252.9

531.0
199.5
84.9
13.0
259.8

529.3
200.0
84.4
11.9
2562

526.7
194.8
83.9
12.9
257.7

528.6
197.8
84.1
12.6
259.9

532.6
200.6
862
132
260.4

536.0
204.6
85.4
13.1
261.1

541.1
205.6
84.7

14.6
265.4

1,822.3 1,875.2 1,842.0 1,855.9 1,865.4 1,883.5 1,895.8 1,911.4

99.0

486.7
216.6
98.5

488.8
217.9
99.1

490.7
215.6
96.2

493.3
220.8
100.6

495.3
221.3
100.3

497.5
222.1
101.0

119.9
126.3
463.4
574.6

118.1
123.7
4532
561.7

118.8
124.5
458.0
566.8

119.4
126.1
461.1
571.8

1202
126.5
465.1
577.9

121.1
128.0
469.3
581.9

121.1
129.1
472.8
590.0

4842
211.7
95.3

492.0
218.9

116.4
122.7
4492
554.4

SURVEY OF CURRENT BUSINESS

May 1994 • 1J

3. Government Receipts and Expenditures.
Table 3.2.—Federal Government Receipts and Expenditures

Table 3.3.—State and Local Government Receipts and Expenditures

Pillions of dollars]

[Billions of dollars]
<Seasonally adjusted at annual rates\

Seasonally adjusted at annual rates
1992

1993

1993

1992

1992

1994

1993

1992
IV

Receipts

1,183.0 1,269.5 1,221.1 1,218.4 1,268.0 1,275.9 1,315.7 1,339.9

Personal tax and nontax
receipts
Income taxes
Estate and gift taxes
Nontaxes

490.8
478.0
11.3
1.4

521.3
506.7
13.0
1.6

511.8
498.3
12.1
1.4

502.1
489.1
11.6
1.5

520.7
506.0
13.2
1.5

527.1
512.7
12.8
1.5

535.1
519.0
14.4
1.7

549.1
532.6
14.6
1.9

Corporate profits tax accruals
Federal Reserve banks
Other

120.2
16.8
103.5

143.1
15.3
127.7

127.1
15.8
111.3

132.4
15.7
116.7

142.4
15.3
1272

139.3
15.1
124.2

158.1
15.3
142.8

152.3
15.5
136.8

81.3
46.8
18.3
16.2

87.3
50.3
19.8
17.2

83.5
46.5
19.1
18.0

81.5
47.4
18.8
15.3

86.2
48.5
20.4
17.3

86.7
48.8
20.0
17.8

95.0
56.6
20.1
18.3

93.6
54.4
20.3
18.9

490.7

517.8

498.7

502.3

518.7

522.8

527.5

544.9

Indirect business tax and
nontax accruals
Excise taxes
Customs duties
Nontaxes
Contributions for social
insurance
Expenditures

1,459.3 1,495.9 1,485.3 1,481.9 1,490.6 1,488.5 1,522.6 1,504.6

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

1994

1993
I

II

III

IV

I

837.8

888.1

861.6

860.2

881.0

894.2

917.0

915.4

154.0
116.7
18.3
19.0

160.3
120.8
19.7
19.9

158.8
120.8
18.8
192

155.0
116.4
19.2
19.5

160.3
121.0
19.5
19.8

162.0
122.1
19.8
20.0

164.1
123.6
202
20.3

166.7
125.5
20.5
20.6

26.0

31.0

27.9

28.5

30.8

30.1

34.4

33.0

421.5
200.8
177.7
430

443.1
211.7
186.9
44.5

432.2
205.7
181.4
451

434.1
206.5
183.9
436

440.0
209.3
186.5
443

445.7
212.8
187.9
45.0

452.7
2182
189.3
452

4582
221.1
190.8
463

64.9

67.4

659

665

67.2

67.7

68.3

691

171.4

186.2

176.7

176.1

182.8

188.6

197.4

188.4

Expenditures

830.6

886.2

848.0

859.4

880.0

895.9

909.7

917.2

6830

7146

6914

697 0

711 1 7212

7292

7308

457.3
225 7

480.1
2345

465.6
2257

472.1
2249

477.7
2334

487.6
2416

493.9
2370

Federal grants-in-aid

Purchases
National defense
Nondefense

448.8
313.8
135.0

443.4
303.4
140.1

452.4
315.7
136.7

442.7
304.8
137.9

447.5
307.6
140.0

443.6
301.9
141.7

440.0
299.2
140.7

441.8
292.6
149.1

Purchases
Compensation of
employees
Other

Transfer payments (net)

624.5
608.2
16.3

651.9
636.1
15.8

641.7
617.1
24.6

642.0
628.9
13.1

645.6
632.7
12.9

652.8
639.1
13.7

667.2
643.7
23.5

664.6
652.0
12.6

Transfer payments to persons

228.6

254.1

238.4

244.1

251.0

2572

263.9

270.3

Net interest paid
Interest paid
Less: Interest received by
government

-46.0
66.1

-45.3
68.7

-45.7
67.1

-45.5
67.7

-45.3
68.4

-452
69.0

-45.0
69.6

-44.9
702

112.1

113.9

112.8

113.2

113.7

1142

114.6

115.1

10.2

10.7

10.5

10.5

10.7

10.8

10.9

11.1

-24.8
.4

-26.5
.5

-25.5
.4

-25.8
.4

-262
.5

-26.7
.5

-27.4
.5

-27.9
.5

25.2

27.0

25.9

26.2

26.6

27.1

27.9

28.4

0

0

0

0

0

0

0

0

To persons

To rest of the world (net)...
Grants-in-akj to State and
local governments
Net interest paid
Interest paid
To persons and business
To rest of the world (net)
Less: Interest received by
government
Subsidies less current surplus
of government enterprises .
Subsidies
Less: Current surplus of
government enterprises..
Less: Wage accruals less
disbursements
Surplus or deficit (-),
national income and
product accounts
Social insurance funds
Other

171.4

186.2

176.7

176.1

182.8

188.6

197.4

188.4

187.1
219.9
178.7
41.2

180.8
217.5
175.0
42.5

181.3
216.4
175.0
41.4

178.3
214.1
172.4
41.6

182.5
219.0
176.9
42.1

182.2
219.9
176.7
43.2

180.4
2172
174.0
43.2

175.7
212.4
167.5
44.8

32.8

36.7

35.1

35.7

36.5

37.7

36.7

36.7

27.5
31.7

33.6
36.2

33.2
36.1

42.9
43.7

32.3
35.9

21.4
24.8

37.7
40.5

34.1
36.7

4.1

2.7

2.9

3.6

3.4

2.8

2.5

0

0

0

0

0

0

0

-276.3 -226.4 -264.2 -263.5 -222.6 -212.7 -207.0 -164.7
322
41.3
36.4
30.2
45.2
44.7
45.3
57.4
-308.5 -267.8 ^300.6 -293.7 -267.8 -257.4 -252.3 -222.1




Less: Dividends received by
government
Subsidies less current surplus
of government enterprises .
Subsidies
Less: Current surplus of
government enterprises..
Less: Wage accruals less
disbursements
Surplus or deficit (-),
national Income and
product accounts
Social insurance funds
Other

483.0
2383

7.2

1.8

13.5

.8

1.1

-1.7

7.2

-1.8

59.4
-52.2

58.6
-56.7

59.6
-46.0

59.0
-58.2

58.9
-57.8

58.5
-602

57.9
-50.7

572
-59.0

l8

• May 1994

SURVEY OF CURRENT BUSINESS

Table 3.7B.—Government Purchases by Type

Table 3.8B.—Government Purchases by Type in Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1992

Government purchases

1993

1992

1993

1994

1,131.8 1,158.1 1,143.8 1,139.7 1,158.6 1,164.8 1,169.1 1,172.6

Federal

448.8

443.4

452.4

442.7

447.5

443.6

440.0

441.8

National defense
Durable goods
Nondurable goods
Services
Compensation of
employees
Military
Civilian
Other services
Structures

313.8
79.0
10.3
218.9

303.4
70.6
9.4
218.1

315.7
78.9
9.8
221.0

304.8
74.4
9.0
216.4

307.6
75.3
10.2
217.0

301.9
67.4
9.3
219.4

299.2
65.1
9.1
219.8

292.6
62.4
8.5
216.5

135.7
90.7
45.0
83.2
5.6

137.0
91.0
46.0
81.2
5.3

133.7
89.2
44.5
87.3
6.0

137.2
91.5
45.7
79.1
5.0

136.4
91.2
45.2
80.6
5.0

137.9
90.7
47.2
81.5
5.8

136.3
90.5
45.8
83.5
5.2

138.3
91.7
46.6
78.2
5.2

Nondefense
Durable goods
Nondurable goods
Commodity Credit
Corporation
inventory change ...
Other nondurable
Services
Compensation of
employees
Other services
Structures

135.0
7.1
8.6

140.1
7.5
7.2

136.7
7.4
9.3

137.9
7.3
7.8

140.0
7.9
7.6

141.7
7.3
7.3

140.7
7.3
6.3

149.1
8.0
7.5

-.7
9.2
109.0

-.3
7.5
114.6

0
9.3
109.7

-.4
8.1
112.2

-.3
7.9
114.3

-5
7.5
116.1

-.2
6.5
115.6

-.2
7.7
122.7

64.1
44.9
10.3

70.0
44.6
10.8

65.0
44.7
10.3

43.2
10.5

69.8
44.6
10.1

70.4
45.7
11.0

70.8
44.8
11.5

72.5
50.2
10.9

683.0

714.6

691.4

697.0

711.1

721.2

729.2

730.8

37.6
60.2
485.3

39.3
62.2
506.9

38.2
60.7
493.5

38.7
61.7
499.6

39.2
63.0
504.4

39.7
62.3
509.9

39.8
61.9
513.9

40.5
63.2
521.0

457.3
28.0

480.1
26.8
106.2

465.6
27.9
99.0

472.1
27.5
97.1

477.7
26.6
104.5

483.0
26.9
109.4

487.6
26.3
113.6

493.9
27.1
106.2

State and local
Durable goods
Nondurable goods
Services
Compensation of
employees
Other services
Structures

1992

1993

1992

1994

1993

945.2

938.9

946.9

931.3

941.1

941.7

941.7

933.1

373.0

354.9

373.7

357.6

359.4

353.7

349.0

344.6

National defense
Durable goods
Nondurable goods
Services
Compensation of
employees
Military
Civilian
Other services
Structures

261.2
73.2
9.4
173.6

242.4
63.6
8.7
165.6

261.3
72.6
8.6
174.7

246.0
67.2
8.3
166.1

246.4
67.4
9.2
165.5

240.1
60.9
8.7
165.4

237.1
58.9
8.5
165.3

228.0
56.2
8.0
159.5

100.9
66.4
34.5
72.7
5.0

95.8
63.4
32.4
69.8
4.5

99.0
65.4
33.7
75.7
5.3

97.7
64.4
33.3
68.4
4.4

96.4
63.8
32.7
69.0
4.4

95.3
63.1
32.2
70.1
5.0

93.8
62.2
31.6
71.5
4.4

93.2
62.0
31.2
66.3
4.4

Nondefense
Durable goods
Nondurable goods
Commodity Credit
Corporation
inventory change ...
Other nondurables
Services
Compensation of
employees
Other services
Structures

111.8
7.5
7.9

112.5
8.1
6.5

112.4
7.9
8.4

111.5
7.8
7.2

113.0
8.4

113.7
8.1
6.4

111.8
8.2
5.4

116.6
8.2
6.6

-.4
8.3
87.4

-.3
6.8

0
8.4
87.2

-.2
7.4
87.3

-.2
7.1

-.3
6.7

-.3
5.8
88.4

-.2
6.7
92.7

49.6
37.8
9.0

51.3
37.3
9.2

37.4
8.9

51.0
36.3
9.1

51.4
37.4
8.7

51.6
38.2
9.4

51.3
37.2
9.8

51.3
41.4
9.2

572.2

584.0

573.2

573.7

581.6

588.0

592.8

588.4

33.3
52.1
395.8

34.1
53.5
402.6

33.6
52.7
398.2

33.8
53.0
400.1

34.0
53.4
401.9

34.3
53.8
403.4

34.5
54.0
405.0

34.8
54.5
406.9

359.0
36.7
91.1

363.9
38.7
93.8

361.0
37.3

362.0
38.1

363.4
38.4
92.4

364.5
38.9
96.5

365.7
39.3
99.3

367.0
39.8
92.3

Government purchases
Federal

State and local
Durable goods
Nondurable goods
Services
Compensation of
employees
Other services
Structures

Table 3.10.—National Defense Purchases

Table 3.11.—National Defense Purchases in Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]

National defense
purchases
Durable goods
Military equipment ....
Aircraft
Ships
Vehicles
Electronic equipment..
Other
Other durable goods
Nondurable goods
Petroleum products
Ammunition
Other nondurable goods
Services
Compensation of
employees

Military
Civilian
Other services
Contractual research and
development
Installation support1
Weapons support2
Personnel support3
Transportation of
material
Travel of persons
Other
Structures
Military facilities
Other

313.8

303.4

315.7

304.8

307.6

301.9

299.2

292.6

79.0

70.6

78.9

74.4

75.3

67.4

65.1

62.4

73.2
22.7
14.3
12.1
3.8
6.6
13.6
5.8

66.3
20.9
12.1
10.7
3.0
6.3
13.3
4.3

72.6
21.9
14.2
11.6
3.9
7.1
14.0
6.3

70.5
20.8
13.5
11.1
42
6.6
14.2
3.9

70.5
22.5
12.9
11.3
3.2
6.8
13.9
4.8

63.1
20.1
11.6
10.0
2.3
6.4
12.6
4.3

60.9
20.1
10.4
10.1
2.1
5.6
12.5
45

58.3
19.6
9.8
9.2
2.3
5.5
12.0
4.0

10.3

9.4

9.8

9.0

10.2

9.3

9.1

8.5

3.5
3.4
3.4

3.2
3.6
2.7

3.0
3.6
3.2

3.0
3.5
2.5

3.4
4.0
2.7

3.3
3.1
2.9

2.9
3.8
2.5

2.5
3.6
2.4

218.9

218.1

221.0

216.4

217.0

219.4

219.8

216.5

135.7
90.7
45.0
83.2

137.0
91.0
46.0
81.2

133.7
895
44.5
87.3

137.2
91.5
45.7
79.1

136.4
915
455
80.6

137.9
90.7
47.2
81.5

136.3
90.5
45.8
83.5

138.3
91.7
46.6
785

26.5
23.4
10.0
13.3

26.6
235
9.1
12.8

27.5
24.3
10.0
13.4

272
22A
9.1
11.6

26.6
21.9
9.6
125

25.5
24.9
9.1
13.3

27.1
24.0
8.6
14.1

24.6
23.9
8.2
13.6

5.8
6.2
-2.0

5.2
6.3
-2.1

6.1
75
-1.1

5.0
6.3
-2.2

5.3
6.4
-1.5

5.6
6.5
-3.3

5.0
6.0
-1.3

4.5
4.8
-1.4

5.6

5.3

6.0

5.0

5.0

5.8

5.2

5.2

3.5
2.1

3.2
2.1

3.8
2.2

3.0
2.0

3.0
2.1

3.6
25

3.0
2.2

3.0
2.2

1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to
operate installations.
2. Includes depot maintenance and contractual services for weapons systems, other than research and
development
3. Includes compensation of foreign personnel, consulting, training, and education.




National defense
purchases
Durable goods
Military equipment ....
Aircraft
Ships .
Vehicles
Electronic equipment.
Other
Other durable goods
Nondurable goods
Petroleum products
Ammunition
Other nondurable goods
Services.
Compensation of
employees
Military
Civilian
Other services
Contractual research and
development
Installation supportl
Weapons support2
Personnel support3
Transportation of
material
Travel of persons
Other
Structures.
Military facilities
Other

261.2

242.4

261.3

246.0

246.4

240.1

237.1

228.0

73.2

63.6

72.6

67.2

67.4

60.9

58.9

56.2

67.1
205
15.3
10.3
3.4
6.1
11.8
6.1

58.7
17.5
12.7
8.9
2.5
5.8
11.4
4.9

66.3
19.0
15.7
9.8
3.4
6.5
11.9
6.4

62.9
17.7
14.1
9.3
3.6
6.0
12.1
4.4

62.1
18.8
13.2
9.5
2.6
65
11.8
5.3

55.9
16.6
12.4
8.3
2.0
5.9
10.8
5.0

53.9
16.7
115
8.4
1.8
5.1
10.7
5.0

51.9
16.0
11.3
7.5
1.9
5.0
10.1
4.3

9.4

8.7

8.6

8.3

9.2

8.7

&5

8.0

2.9
3.5
3.0

2.8
3.6
2.4

2.4
3.3
2.9

2.7
3.4
2.2

2.9
3.9
2.4

2.9
3.1
2.7

2.6
3.8
25

2.5
3.3
2.2

173.6

165.6

174.7

166.1

165.5

165.4

165.3

159.5

100.9
66.4
34.5
72.7

95.8
63.4
32.4
69.8

99.0
65.4
33.7
75.7

97.7
64.4
33.3
68.4

96.4
63.8
32.7
69.0

95.3
63.1
325
70.1

93.8
625
31.6
71.5

93.2
62.0
315
66.3

23.6
20.6
8.4
10.0

23.4
20.1
7.4
9.6

24.1
21.2
8.2
9.9

23.8
19.4
7.4
8.7

23.4
19.1
7.8
9.1

22.4
21.4
7.4
10.0

245
20.5
6.9
10.6

21.6
20.5
6.5
10.0

6.1
5.6
-1.6

5.4
5.4
-1.6

6.6
6.4
-.8

5.3
5.4
-1.6

5.4

5.5
-1.1

5.8
5.6
-2.5

5.3
5.1
-1.0

4.6
4.1
-1.0

5.0

4.5

5.3

4.4

4.4

5.0

4.4

4.4

3.3
1.7

2.9
1.6

3.5
1.8

2.8
1.6

2.8
1.6

3.3
1.7

2.8
1.7

2.7
1.6

1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to
operate installations.
2. Includes depot maintenance and contractual services for weapons systems, other than research and
development
3. Includes compensation of foreign personnel, consulting, training, and education.

SURVEY OF CURRENT BUSINESS

May 1994

• 19

4. Foreign Transactions^.
Table 4.1.—Foreign Transactions in the National Income and Product
Accounts

Table 4.2.—Exports and Imports of Goods and Services and
Receipts and Payments of Factor Income in Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1992

Receipts from rest of the
world

1992

769.7 793.4 777.0 774.1 791.8 788.3

819.6

825.2

Exports of goods and services
Merchandise1
Durable
Nondurable
Servicesl

640.5
448.7
300.8
147.9
191.7

653.2
452.2
307.4
144.8
200.9

682.4
482.0
330.2
151.8
200.4

681.6
477.1
330.1
147.0
204.4

Receipts of factor income 2

129.2 131.7 122.3 122.8 131.9 135.1

137.2

143.6

661.7
461.5
314.6
146.9
200.2

654.7
462.0
311.1
150.9
192.8

651.3
453.2
306.9
146.3
198.0

660.0
458.6
314.0
144.6
201.3

Capital grants received by the United
States (net)
769.7 793.4 777.0 774.1 791.8 788.3

819.6

825.2

Imports of goods and services
Merchandise1
Durable
Nondurable
Services1

670.1
544.5
346.3
198.2
125.6

725.1
591.9
384.5
207.3
133.3

751.5
614.2
409.8
204.4
137.2

761.3
623.4
419.3
204.1
137.9

Payments of factor income3

121.9 131.6 124.8 122.4 132.3 128.7

142.8

146.5

40.8
11.2
23.5
6.0

30.3
11.6
12.6
6.1

Payments to rest of the world

Transfer payments (net)
From persons (net)
From government (net)
From business
Net foreign investment

725.3
592.1
385.7
206.4
133.2

32.7
10.4
16.3
6.0

693.5
564.7
359.7
205.1
128.7

32.8
11.0
15.8
6.0

699.6
569.6
368.8
200.7
130.0

41.2
10.5
24.6

725.0
592.6
379.5
213.1
132.4

29.7
11.0
13.1
5.6

29.9
11.0
12.9
6.0

1992

1994

1993

30.9
10.8
13.7
6.3

578.0
422.7
288.0
134.7
155.4

Exports of goods and services
Merchandise1
Durable
Nondurable
Servicesl

1993

598.3
440.5
306.5
134.0
157.8

Receipts of factor income2

105.5 104.7

Imports of goods and services
Merchandise1
Durable
Nondurable
Servicesl

611.6
511.9
332.5
179.4
99.7

Payments of factor income3

674.8
571.4
379.5
191.8
103.4

1992

1993

IV

I

591.6
437.3
300.0
137.3
154.3

588.0
430.2
296.5
133.7
157.8

98.9
630.3
530.3
348.0
182.4
100.0

97.7 102.2 98,8

593.2
434.5
302.4
132.1
158.6

1994
III

IV

I

591.9
434.1
302.2
131.9
157.8

620.0
463.0
324.9
138.1
157.0

618.4
459.0
326.8
132.2
159.4

98.3 105.0 107.1 108.5 112.7
647.9
545.9
360.5
185.5
102.0

668.4
565.7
372.1
193.6
102.7

678.2
574.9
381.0
193.9
103.3

704.5
598.9
404.5
194.4
105.6

719.2
613.0
415.2
197.8
106.2

95.8 103.0 99.6 110.4 112.4

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services.
2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign
affiliates of U.S. corporations.
3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.

-55.1 -96.2 -82.4 -77.6 -95.4 -96.4 -115.5 - 1 1 3 . 0

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services.
2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign
affiliates of U.S. corporations.
3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.

Table 4.3.—Exports and Imports of Merchandise by End-Use Category

Table 4.4.—Exports and Imports of Merchandise by End-Use Category
in Constant Dollars
[Billions of 1987 dollars]

[Billions of dollars]

Exports of merchandise .
Foods, feeds, and beverages
Industrial supplies and materials
Durable goods
Nondurable goods
Capital goods, except automotive
Civilian aircraft, engines, and parts
Computers, peripherals, and parts
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
Durable goods
Nondurable goods
Imports of merchandise

448.7 461.5 462.0 453.2 458.6 452.2 482.0 477.1
40.3 40.5 41.9 40.8 39.6 38.9 42.6 39.7
105.2 103.2 104.9 103.0 103.0 102.4 104.3 104.3
36.9 37.6 37.2 37.2 37.6 38.1 37.6 38.0
68.4 65.5 67.7 65.8 65.4 64.2 66.7 66.4
176.9 183.4 182.0 177.8 183.3 178.5 193.8 194.7
37.7 32.8 37.1 33.1 36.4 27.1 34.5 34.1
26.8 29.3 30.0 28.8 28.0 29.6 30.7 31.6
110.4 121.3 114.9 115.9 118.8 121.9 128.6 129.1
51.3 48.4 55.6 54.6
47.1 51.6 50.9 515
50.4 53.6 53.3 51.5 52.2 54.2 56.6 55.2
27.5 28.7 28.6
25.6 27.4 26.5 26.3 272
24.8 26.2 26.8 25.2 25.1 26.7 27.9 26.6
28.9 29.3 28.9 28.8 29.3 29.9 29.1 28.6
14.5 14.6 14.5 14.4 14.6 14.9 14.6 14.3
14.5 14.6 14.5 14.4 14.6 14.9 14.6 14.3
544.5 592.1 564.7 569.6 592.6 591.9 614.2 623.4

Foods, feeds, and beverages
Industrial supplies and materials, except
petroleum and products
Durable goods
Nondurable goods
Petroleum and products
Capital goods, except automotive
Civilian aircraft, engines, and parts ...
Computers, peripherals, and parts ....
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
Durable goods
Nondurable goods

82.3
39.5
42.8
51.6
134.2
12.6
31.8
89.8
91.8
123.0
63.9
59.1
33.8
16.9
16.9

Addenda:
Exports of agricultural products l
Exports of nonagricultural products ...
Imports of nonpetroleum products

44.0 43.6 45.5 43.4 43.1 42.4 45.4 43.6
404.7 418.0 416.4 409.9 415.5 409.8 436.6 433.5
492.9 540.6 509.9 518.5 535.3 541.7 566.8 581.5

27.9

28.1

27.6

27.4

27.5

84.2 86.4 87.3
43.6 40.3 41.7 41.1
45.5 43.9 44.8 46.2
51.5 54.9 51,0 57.3
152.3 141.8 142.6 150.7
11.3 13.0 10.5 11.8
38.2 34.6 35.9 37.2
102.8 94.2 96.2 101.7
102.4 95.1 100.5 102.1
134.3 126.5 128.9 132.9
70.2 65.2 67.7 68.2
64.1 61.3 61.2 64.7
34.5 34.8 32.7 34.8
17.3 17.4 16.4 17.4
17.3 17.4 16.4 17.4

28.3

43.3
45.7
50.2
152.6
10.5
39.0
103.1
100.1
137.6
71.5
66.2
33.9
17.0
17.0

29.0
93.6
48.2
45.3
47.5
163.1
12.4
40.5
110.2
106.9
137.7
73.3
64.4
36.6
18.3
18.3

29.5
99.5
50.7
48.8
41.8
170.3
11.2
41.5
117.6
107.6
137.3
72.0
65.3
37.3
18.7
18.7

1. Includes parts of: exports of foods, feeds, and beverages, of nondurable industrial supplies and materials,
and of nondurable consumer goods, except automotive.




Exports of merchandise...

422.7 440.5 437.3 430.2 434.5 434.1 463.0 459.0

Poods, feeds, and beverages
Industrial supplies and materials
Durable goods
Nondurable goods
Capital goods, except automotive
Civilian aircraft, engines, and parts ...
Computers, peripherals, and parts ....
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
Durable goods
Nondurable goods

35.7 35.4 37.7 36.4 35.2 33.7 36.4 33.0
97.5 95.1 96.6 94.7 94.0 94.3 97.4 95.8
32.1 31.1 31.9 31.1 30.6 31.4 31.2 31.0
65.4 64.0 64.7 63.6 63.4 63.0 66.2 64.8
178.4 192.7 186.8 184.3 189.5 190.5 206.5 210.3
30.9 26.1 30.0 26.6 29.0 21.6 27.2 26.8
51.0 60.8 56.4 55.9 57.0 62.5 67.6 70.5
96.6 105.8 100.5 101.8 103.4 106.3 111.7 113.0
41.9 45.6 45.1 45.3 45.3 42.8 49.1 47.9
43.5 45.9 45.5 44.1 44.9 46.5 48.2 47.1
22.7 24.3 23.4 232 24.1 24.4 25.4 25.1
20.8 21.7 222 21.0 20.8 22.1 22.8 21.9
25.6 25.7 25.5 25.4 25.7 26.3 25.5 25.0
12.8 12.9 12.8 12.7 12.8 13.1 12.8 12.5
12.8 12.9 12.8 12.7 12.8 13.1 12.8 12.5

Imports of merchandise
Foods, feeds, and beverages
Industrial supplies and materials, except
petroleum and products
Durable goods
Nondurable goods
Petroleum and products
Capital goods, except automotive
Civilian aircraft, engines, and parts ...
Computers, peripherals, and parts ....
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable goods
Nondurable gcx
Other
Durable goods
Nondurable goods

511.9 571.4 530.3 545.9 565.7 574.9 598.9 613.0
26.0

25.8

25.6

26.1

25.6

25.7

25.8

26.3

72.0 78.0 73.3 75.3 76.0 78.8 81.9 86.7
34.1 37.2 34.8 35.3 34.9 37.6 41.1 42.9
37.9 40.8 38.5 40.0 41.1 41.1 40.8 43.8
512 56.5 52.8 53.4 57.8 56.7 58.1 56.7
148.4 179.3 160.0 165.3 175.8 181.4 194.5 204.1
10.3
8.8
8.5
9.4
8.4
9.8
9.0 10.5
59.7 82.5 68.2 73.1 79.0 85.8 92.0 95.9
78.3 87.8 81.3 83.8 87.4 87.2 92.7 99.4
79.7 87.4 81.9 87.0 87.4 85.3 89.8 89.8
105.2 114.7 106.7 1102 113.0 117.8 117.6 117.5
55.6 60.8 56.2 58.6 58.9 62.0 63.6 62.4
49.6 53.9 50.5 51.6 54.1 55.8 54.0 55.0
29.5 29.7 30.1 28.5 30.0 29.3 31.2 31.8
14.7 14.9 15.0 14.2 15.0 14.6 15.6 15.9
14.7 14.9 15.0 14.2 15.0 14.6 15.6 15.9

Addenda:
39.7 38.5 41.1 38.7 38.8 37.3 39.1 36.5
Exports of agricultural products'
Exports of nonagricultural products ... 382.9 402.0 396.1 391.5 395.7 396.8 423.9 422.5
460.8 514.8 477.6 492.5 507.9 518.2 540.7 556.2
Imports of nonpetroleum products
-—
1. Includes parts of: exports of foods, feeds, and beverages, of nondurable industrial supplies and materials,
and of nondurable consumer goods, except automotive.

SURVEY OF CURRENT BUSINESS

20 • May 1994

5. Saving and Investment.
Table 5.1.—Gross Saving and Investment
[Billions of dollars]
Seasonally adjusted at annual rates
1992

Gross saving

717.8

Gross private saving
Personal saving
Undistributed corporate
profits with inventory
valuation and capital
consumption adjustments
Undistributed profits
Inventory valuation
adjustment
Capital consumption
adjustment
Corporate consumption of
fixed capital
Noncorporate consumption
of fixed capital
Wage accruals less
disbursements

1992

780.2

986.9 1,004.8
238.7 189.9

Government surplus or
deficit (—), national
income and product
accounts
Federal
State and local

1994

1993

858.4

817.8

762.0

766.7

774.3

969.4 1,024.8
279.7 177.9

988.3
208.7

988.7 1,017.5 1,024.9
179.7 193.4 171.8

121.7
92.0

103.7
91.4

116.3
103.9

129.3
104.6

145.1
125.6

117.3
1132

718.8

110.4
98.6

123.6
106.4

-5.3

-7.1

4.9

-12.7

-12.2

1.0

-4.3

-16.0

17.1

24.3

24.7

25.1

24.7

23.8

23.9

20.1

396.6

408.8

396.5

402.2

405.2

414.0

413.9

433.3

261.3

262.5

251.5

261.0

258.1

265.7

265.1

302.5

-20.0

20.0

-80.0

80.0

0

0

0

0

-269.1 -224.6 -250.6 -262.8 -221.5 -214.4 -199.7 -166.5
-276.3 -226.4 -264.2 -263.5 -222.6 -212.7 -207.0 -164.7
-1.8
7.2
7.2
1.1 -1.7
.8
13.5
1.8

Capital grants received by
the United States (net)

0

0

0

0

0

0

0

741.4

795.4

750.9

796.5

778.7

787.6

819.0

853.7

796.5
-55.1

891.7
-962

833.3
-S2.4

874.1
-77.6

874.1
-95.4

884.0 934.5 966.7
-96.4 -115.5 -113.0

23.6

15.2

32.1

34.4

12.0

0

Gross investment
Gross private domestic
investment
Net foreign investment
Statistical discrepancy

13.3

1.2

-4.7

Table 5.4.—Fixed Investment by Type

Table 5.5.—Fixed Investment by Type In Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
1992 1993

Fixed investment
Nonresidentiai

III

IV

565.5 623.7 579.5 594.7 619.1 624.9 656.0 666.6

Structures
Nonresidentiai buildings, including
farm
Utilities
Mining exploration, shafts, and
wells
Other structures

172.6 178.7 171.1 172.4 177.6 179.1 185.8 176.9

Producers' durable equipment
Information processing and related
equipment
Computers and peripheral
equipment1
.. ..
Other „
Industrial equipment
Transportation and related
equipment
Other

392.9 445.0 408.3 422.2 441.6 445.8 470.2 489.7

Residential
Structures
Single family
Multifamily
Other structures
Producers' durable equipment ,

114.6 119.4 111.9 114.8 117.1 119.6 125.9 120.2
35.8 36.5 36.9 35.1 36.6 36.6 37.8 35.9
13.7
9.2

12.8
9.7

14.0
9.8

14.4
8.6

13.5
8.6

13.1
7.7

135.5 151.9 139.7 142.7 147.0 154.6 163.4 168.0
39.8 48.1
95.7 103.9
872 97.8

40.7
98.9
91.2

90.7 105.4
79.5 89.9

96.1 101.3 110.1 101.9 108.3 117.3
81.3 85.8 88.5 90.6 94.5 97.2

45.8 46.1 49.5 50.9 52.4
96.9 100.9 105.1 112.5 115.6
92.4 95.9 98.7 104.0 107.2

223.6 252.4 241.8 244.9 241.9 251.3 271.6 280.0
216.3 244.6 234.3 237.3 234.2 243.4 263.5 272.0
116.5 133.8 124.3 132.4 127.5 131.1 144.0 151.8
13.1 10.8 11.7 10.3 10.3 11.4 11.1 11.2
86.7 100.1 98.3 94.6 96.4 100.9 108.4 109.0
7.3

7.8

1. Includes new computers and peripheral equipment only.




12.6
9.7

7.5

7.5

7.6

7.9

8.1

8.0

Fixed Investment
Nonresidentiai

1993

1992
IV

I

789.1 876.1 821.3 839.5 861.0 876.3 927.6 946.6

12.4
9.8

1992 1993

1994

1993
IV

I

II

III

IV

I

726.4 806.0 754.3 773.7 790.6 806.9 852.9 866.4
529.2 591.8 543.7 562.3 584.3 594.8 625.7 635.0

Structures
Nonresidentiai buildings, including
farm
Utilities
Mining exploration, shafts, and
wells
Other structures

150.6 151.5 148.0 148.2 151.1 151.2 155.6 147.1

Producers' durable equipment
Information processing and related
equipment
Computers and peripheral
equipmentJ
Other
Industrial equipment
Transportation and related
equipment
Other

378.6 440.2 395.7 414.1 433.2 443.6 470.0 487.9

Residential
Structures
Single family
Multifamily
Other structures ...
Producers' durable equipment

100.8 101.8
30.9 30.6

97.5
31.6

99.3 100.5 101.5 106.0 100.5
29.9 30.6 30.5 31.2 29.4

11.1
8.1

10.3
8.6

10.4
8.6

10.0
8.9

11.4
8.7

11.7
7.5

10.9
7.5

10.5
6.7

159.9 195.2 168.5 178.6 186.8 200.9 214.6 2222
^^2 100.4
88.7 94.8
72.7 80.2

772
91.3
75.7

89.5
89.0
76.7

94.5 105.1 112.4 117.2
92.3 95.9 102.2 105.0
78.8 80.5 84.7 87.1

77.7
68.3

82.1
69.4

85.7
73.2

92.8
74.9

88.8
76.1

85.7
76.5

91.0
79.7

97.0
81.5

197.1 214.2 210.6 211.4 206.2 212.1 227.2 231.4
190.1 206.8 203.3 204.1 198.9 204.6 219.6 223.8
102.7 113.1 107.9 113.9 108.7 110.0 119.6 125.1
9.3 10.4
11.8
9.1
9.0
9.8
9.4
9.4
75.6 84.4 85.0 81.1 81.2 84.8 90.5 69.3
7.0

7.4

1. Includes new computers and peripheral equipment only.

7.2

7.3

7.3

7.5

7.7

7.6

SURVEY OF CURRENT BUSINESS

[Billions of dollars]

[Billions of 1987 dollars]

1992 1993 1992

Nonfarm
Change in book value
Inventory valuation adjustment
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Durable goods
Nondurable goods

7.3

15.6

12.0

34.6

5.0

-5.5

2.4

1.5

III

7.7

6.9

20.1

-5.0

-1.6

2.3 21.1
9.5 33.0 16.8
3.3 51.7 34.8
8.8 31.2
6.2 -18.7 -18.0
-6.4 -10.1
-6.0
-.8 -14.2 -1.8
4.2
-10.6 -1.7 -17.0 -5.5
.4
2.8
4.6
3.7
3.9
.9

22.6 12.0 21.7
21.9 16.2 43.2
.7 -4.3 -21.5
4.0
2.9 -8.7
.9
2.6 -4.3
.2 -4.4
3.1

6.1
3.9
2.2

4.2
1.3
2.8

13.5
3.8
9.7

-3.2
3.9

6.8
.6
6.3

7.7
7.0
.7

6.3
4.4
1.8
-.2
-.5
.3

3.9
1.0
2.9
.2
.3

-.1

15.0
5.5
9.5
-1.5
-1.7
.2

-.3
-3.7
3.5
.9
.5
.4

6.1
1.8
4.2
.8
-1.3
2.0

10.0
6.2
3.7
-2.2
.8
-3.0

-5.5
-.2 -2.7
.2 -2.7
1.4
2.0
1.2
1.6
.2
.4

Retail trade
Durable goods
Automotive
Other
Nondurable goods

6.5
4.8
-.7
5.5
1.6

12.2
8.7
3.2
5.5
3.5

10.5
6.5
-1.9
8.4
4.0

27.6
21.9
19.0
2.9
5.8

3.0
.4
-.6
1.0
2.6

5.3
-.4
-8.4
8.0
5.7

12.8 12.9
12.9 16.6
2.9 12.4
4.2
10.0
-.1 -3.7

Other
Durable goods
Nondurable goods

-4.3
3.8
-8.1

5.6
2.6
3.0

-2
5.5
-5.8

6.5
1.9
4.6

2.8
1.4
1.4

6.7
5.6
1.1

Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods

1.4
1.0

6.5
1.4
5.1

1994

1993

IV

-3.7 -14.9

13.1

1992 1993 1992

1994

1993
III

Change In business inventories

-3.5
-1.1
-2.4

8.3
5.3
3.0

Change In business inventories
Farm
Nonfarm
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Durable goods
Nondurable goods

6.5

14.3

&7

3.8

-5.3

12

2.7

19.7

-4.7
-8.9
4.2
5.4
3.6
1.8

29.3

IV

6.5

8.5

19.1

-4.1 -12.9

-4.4

-1.9

13.0

7.5

29.3

17.1

19.4

12.9

21.1

.5 -12.5
-.5 -15.1
1.0
2.6
3.7 10.7
3.4
1.3
7.3
2.4

-.8
-4.6
3.8

5.0
1.4
3.6

3.1
2.8

-5.3
-1.7
-3.6

6.0
2.6
3.5

-2.8
3.6

6.6
.6
6.1

6.4
6.3
.1

1.2 -2.2
1.1 -.6
0
-1.5

5.6
4.0
1.6
-.2
-.4
.3

3.5
.9
2.5
.3
.4
-.1

12.8
5.0
7.7
-2.1
-1.6
-.4

-.1
^.3
3.2
.8
.4
.4

5.9
1.7
4.2
.7
-1.2
1.8

8.5
5.6
2.9
-2.1
.8
-2.8

-.4
-.3
-.1
1.6
1.4
2

-2.3
-1.8
1.9
1.7
.2

Retail trade
Durable goods
Automotive
Other
Nondurable goods

5.9
4.3
-.6
4.9
1.6

10.7
7.6
2.9
4.8
3.1

9.7
5.9
-1.7
7.6
3.8

24.0
18.9
16.6
2.3
5.1

3.0
.8
-.5
1.2
2.3

4.8
-.1
-7.1
7.0
4.9

11.1
11.0
2.4
8.6
.1

10.5
13.8
10.4
3.4
-3.3

Other
Durable goods
Nondurable goods

-3.9
3.4
-7.3

4.7
2.2
2.5

-.4
4.9
-5.3

5.4
1.6
3.8

2.4
1.2
1.2

5.0
4.8

5.9
1.2
4.7

6.8
4.4
2.4

Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods

Table 5.12.—Inventories and Final Sales of Domestic Business
by Industry

Table 5.13.—Inventories and Final Sales of Domestic Business
by Industry in Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]
Seasonally adjusted quarterly totals

Seasonally adjusted quarterly totals
1992

Inventories'
Farm
Nonfarm
Durable goods
Nondurable goods

1994

1993

99.1

95.4

95.1

92.7

94.4

1,003.9 1,020.4 1,024.2 1,035.8 1,042.1 1,051.6
580.9 590.7 592.1 600.3 607.5 616.9
423.0 429.7 432.2 435.5 434.6 434.7

Inventories
Farm

Manufacturing
Durable goods
Nondurable go

400.9
251.0
149.9

402.0
250.8
151.2

402.4
250.7
151.7

407.0
254.2
152.8

405.0
253.8
1512

407.4
256.5
150.9

Nonfarm
Durable goods
Nondurable goods
Manufacturing
Durable goods
Nondurable goods

Wholesale trade
Durable goods
Nondurable goods

247.9
155.4
92.5

249.6
155.9
93.7

251.3
156.6
94.7

254.6
159.1
95.5

256.7
160.3
96.4

257.0
161.2
95.8

Wholesale trade
Durable goods
Nondurable goods

221.4
139.4
82.0
26.5
16.0
10.4

222.6
139.5
83.1
27.0
16.4
10.6

224.1
140.5
83.7
27.2
16.1
11.1

227.6
142.5
85.0
27.0
16.6
10.4

229.4
143.3
86.0
27.3
17.0
10.4

228.9
143.5
85.4
28.1
17.7
10.4

269.5
129.4
62.5
67.0
140.1

280.1
137.0
68.2
68.7
143.1

281.2
138.0
69.3
68.7
143.3

282.7
138.2
66.9
71.3
144.5

286.6
143.0
68.5
74.5
143.6

2912
147.6
72.0
75.6
143.6

Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers.
Durable goods
Nondurable goods
Retail trade
Durable goods
Automotive
Other
Nondurable goods
Other
Final sales of domestic business2
Final sales of goods and structures of
domestic business2

85.6

88.7

89.3

91.5

93.8

96.0

436.9

439.0

445.5

450.7

461.1

466.2

240.5

240.4

243.9

245.9

253.8

256.1

Ratio of Inventories to final sales of domestic
business
Inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures

Retail trade
Durable goods
Automotive
Other
Nondurable goods
Other
Final sales of domestic business2
Final sales of goods and structures of
domestic business2

985.3

992.6

995.9

997.5

88.1

88.1

87.1

83.9

999.6 1,004.4
82.8

82.3

897.2
525.3
371.8

904.5
528.6
375.9

908.8
529.6
379.2

913.6
533.0
380.6

916.8
535.9
380.9

922.1
541.0
381.1

365.9
231.9
134.0

365.7
230.7
135.0

366.9
231.1
135.8

367.7
231.8
135.9

366.4
231.4
135.0

367.9
232.0
135.9

217.7
138.5
792

217.9
137.8
80.1

219.6
138.0
81.6

221.2
139.5
81.6

221.5
139.8
81.7

220.9
139.7
81.3

193.8
124.0
69.8
23.9
14.6
9.4

193.8
123.1
70.6
24.2
14.7
9.5

195.3
123.6
71.7
24.3
14.4
9.9

197.4
125.0
72.4
23.8
14.6
92

197.3
124.9
72.4
24.2
14.9
9.3

196.3
124.3
71.9
24.7
15.3
9.3

236.4
1152
56.5
58.7
1212

242.4
119.9
60.6
59.3
122.5

243.2
120.1
60.5
59.6
123.0

244.4
120.1
58.7
61.4
1242

247.1
122.9
59.4
63.5
124.3

249.7
126.3
62.0
64.4
123.4

77.1

78.5

79.1

80.3

81.8

83.5

361.5

360.4

363.4

366.8

373.9

376.0

208.6

207.0

209.3

211.3

217.6

218.4

2.73
2.48

2.75
2.51

2.74
2.50

2.72
2.49

2.67
2.45

2.67
2.45

4.30

4.37

4.34

4.32

4.21

4.22

Ratio of Inventories to final sales of domestic
business
2.52
2.30

2.55
2.32

2.51
2.30

2.51
2.30

2.46
2.26

2.46
2.26

4.17

4.24

4.20

4.21

4.11

4.11

1. Inventories are as of the end of the quarter.
2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product
less gross product of households and institutions and general government and includes a small amount of final
sales by farm.




Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers .
Durable goods
Nondurable goods

1994

1993

1992

1,099.0 1,119.5 1,119.6 1,130.9 1,134.8 1,146.0
95.1

21

Table 5.11.—Change In Business Inventories by Industry in Constant
Dollars

Table 5.10.—Change in Business Inventories by Industry

Farm

May 1994 •

Inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures

1. Inventories are as of the end of the quarter. Quarter-to-quarter changes calculated from this table are at
quarterly rates, whereas the constant-dollar change in business inventories component of GOP is stated at annual
rates.
2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product
less gross product of households and institutions and general government and includes a small amount of final
sales by farm.

SURVEY OF CURRENT BUSINESS

22 • May 1994

6. Income, Employment, and Product by Industry.
Table 6.16C-—Corporate Profits by Industry

Table 6.1C—National Income Without Capital Consumption Adjustment
by Industry

[Billions of dollars]

[Billions of dollars]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates

1992

National income
without capital
consumption
adjustment

1993

1992

1992

Corporate profits with Inventory
valuation and capital
consumption adjustments
Domestic Industries
4,880.3 5,172.7 5,003.2 5,071.1 5,133.6 5,177.6 5,308.6 5,371.5

Domestic industries

4,873.0 5,172.5 5,005.7 5,070.7 5,134.1 5,171.2 5,314.2 5,374.5

Private Industries

4,138.5 4,407.2 4,262.0 4,313.3 4,372.8 4,401.9 4,540.7 4,590.2

Agriculture, forestry, and
fisheries
Mining
Construction

100.9
38.5

Manufacturing
Durable goods
Nondurable goods
Transportation and public
utilities
Transportation
Communications
Electric, gas, and
sanitary services ....
Wholesale trade
Retail trade
Finance, insurance, and
real estate

105.3
40.1
228.0

104.3
40.1
218.1

112.5
40.2
219.3

106.7

84.2

39.3
224.7

39.6
231.6

236.4

895.3
501.7

928.2
522.6
405.6

919.0
518.8
400.2

909.6
507.6
401.9

925.8
518.0
407.7

922.5
520.8
401.8

954.8
543.9
411.0

356.1
151.0
103.7

376.1
161.8
107.4

361.4
154.4
106.4

369.0
157.4
105.4

370.7
158.9
108.2

378.4
164.4
108.5

386.1
166.7
107.3

212.8

117.6
41.1

101.5

106.9

100.6

106.2

103.6

105.6

112.1

283.6
416.7

297.7
444.9

297.8
428.7

288.2
432.2

299.8
441.1

297.4
449.1

305.2
457.3

Government




734.5

765.3

743.8

757.4

761.3

769.2

7.3

.2

-2.5

.4

-.5

6.4

773.5

Financial
Nonfinancial
Rest of the world
Receipts from the rest of the world ...
Less: Payments to the rest of the
world
Corporate profits with inventory
valuation adjustment

748.9 816.0 768.3 801.2 805.9 818.2 838.8
1,085.8 1,171.0 1,124.4 1,141.1 1,158.9 1,180.7 1,203.4

Rest of the world

1993 1992

1994

1993

1994

1993

784.2
-2.9

Domestic Industries
Financial
Federal Reserve banks
Other
Nonfinancial
Manufacturing
Durable goods
Primary metal industries
Fabricated metal products ....
Industrial machinery and
equipment
Electronic and other electric
equipment
Motor vehicles and
equipment
Other
Nondurable goods
Food and kindred products ...
Chemicals and allied
products
Petroleum and coal products
Other
Transportation and public utilities ..
Wholesale and retail trade
Other
Rest of the world

407.2 466.6 439.5 432.1 458.1 468.5 507.9 474.4
344.9 407.9 384.8 373.0 400.0 405.8 452.8 420.9
66.7 87.4 70.7 81.0 85.0 87.6 96.1 77.9
278.3 320.5 314.1 292.1 315.0 318.2 356.7 343.0

62.3
65.2

58.7
71.3

54.7
60.5

59.0
66.7

58.1
71.4

62.7
74.0

55.1
73.2

53.5
75.4

3.0

12.6

5.8

7.7

13.3

11.3

18.1

21.8

390.1 442.3 414.8 407.0 433.4 444.8 484.0 454.3
327.8 383.6 360.1 348.0 375.3 382.1 428.9 400.8
78.1 99.0 82.0 92.3 96.4 99.3 108.1 90.9
17.8 16.2 16.7 16.6 16.2 16.0 16.2 16.4
60.3 82.8 65.3 75.7 80.2 83.3 91.9 74.4
249.8 284.6 278.1 255.7 278.9 282.8 320.8 309.9
115.5 131.7 128.0 118.9 132.5 126.7 148.9
48.3 60.2 58.0 48.0 58.4 59.9 74.4
2.6
-.5
2.5
0
1.4
.6
1.1
7.4

6.5

6.6

5.5

6.9

6.3

7.6

6.6

7.2

7.8

5.7

6.2

8.8

8.0

12.1
3.5
18.1
67.2
17.0

14.6
9.0
21.4
71.6
15.1

17.6
4.9
21.0
70.0
15.2

14.9
3.1
19.4
70.9
18.0

12.1
10.0
20.7
74.2
14.8

14.4
8.1
21.3
66.8
14.6

17.2
15.0
24.1
74.5
13.0

15.7
6.1
28.5
52.0
46.3
36.0
62.3

16.8
11.9
27.7
57.8
54.4
40.6
58.7

17.7
5.0
32.1
50.4
57.7
42.0
54.7

18.4
7.2
27.3
53.3
46.0
37.5
59.0

16.3
13.5
29.5
53.9
55.4
37.2
58.1

14.6
12.0
25.6
59.0
55.1
42.1
62.7

17.9
14.9
28.6
64.9
61.4
45.8
55.1

53.5

SURVEY OF CURRENT BUSINESS

May 1994 •

23

7. Quantity and Price Indexes7.1 .—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product
[Index numbers, 1987*100]
Seasonally adjusted
1992

1993

1994

1993

1992

III
Gross domestic productCurrent dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ...
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights ...
Benchmark-years weignts
Implicit price deflator
Personal consumption expenditures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
Durable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
Nondurable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
Services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Gross private domestic investment
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Fixed investment
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights....
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights....
Benchmark-years weignts
Implicit price deflator




133.0 140.5 136.4 137.9 139.4 140.9 143.8 145.8
109.8 113.1 111.6 111.9 112.4 113.2 115.1 116.0
109.5 112.5 111 111.4 111.9 112.5 114.2 115.0
109.4 112.3 111.1 111 111.7 112.3 114.0 114.8
122.1
121.5
121.7
121.1

125.9
125.0
125.2
124.2

123.5
122.6
122.9
122.2

124.8
123.8
124.1
123.

125.6
124.7
124.9
124.0

126.3
125.3
125.6
124.5

127.0
126.0
126.3
124.9

128.0
127.0
127.3
125.7

135.6 143.9 139.4 140.8 142.8 144.8 1472 149.3
109.5 113.1 111.3 111.5 112.5 113.7 114.9 116.2
109.0 112.3 110.7 110.9 111.7 112.8 113.9 115.1
109.1 112.4 110.8 110.9 111.8 112.9 114.0 115.2
124.9
124.4
124.5
123.9

128.7
128.0
128.1
127.2

126.
125.8
125.9
125.

127.
126.8
127.0
126.2

128.4
127.7
127.9
127.0

128.9
128.2
128.3
127.4

129.8
129.1
1292
128.1

130.5
129.8
129.9
128.5

123.2 133.2 128.0 127.6 131.7 1342 139.4 1432
113.1 121.4 117.3 116.9 119.9 122.1 126.6 129.7
111.6 118.9 115.5 114.8 117.7 119.5 123.6 126.3
111.8 119.1 115.7 115.0 117.9 119.8 123.8 126.6
111.5
110.4
110.2
108.9

113.8
1122
112.1
109.8

112.1
110.8
110.7
109.1

112.6
111.2
111.1
109.2

113.5
112.0
111.9
109.8

114.1
112.5
112.4
109.9

114.9
1132
113.1
110.1

115.4
113.6
113.5
110.4

128.7 133.5 131.7 132.1 133.0 133.8 1352 136.7
105.1 107.6 107.0 106.4 107.1 108.1 108.8 109.9
104.9 107.2 106.7 106.1 106.8 107.7 108.4 109.5
104.9 107.2 106.7 106.1 106.8 107.7 108.4 109.5
123.0
122.7
122.7
122.4

124.9
124.5
124.6
124.1

123.8
123.5
123.5
123.1

124.9
124.5
124.5
124.1

125.0
124.6
124.7
1242

124.5
1242
124.3
123.7

125.1
124.8
124.8
124.3

1252
124.9
124.9
124.3

143.0 152.9 147.1 149.4 151.7 1542 156.5 158.7
111.3 114.5 112.5 113.3 113.9 115.0 115.8 116.7
111.0 114.0 112.0 112.8 113.4 114.4 1152 116.1
111.0 114.0 112.1 112.9 113.5 114.5 1152 116.1
129.5
128.9
129.1
128.5

134.7
133.9
134.2
133.5

131.6
130.9
131.2
130.7

132.8
132.1
132.4
131.8

1342
133.5
133.8
133.1

1352
134.5
134.7
134.0

136.3
135.6
135.9
135.1

137.4
136.7
137.0
135.9

106.3 119.0 111.2 116.7 116.7 118.0 124.7 129.0
97.8 109.5 101.8 1072 1072 108.6 115.0 1182
962 105.9 99.9 104.4 104.1 104.6 110.6 113.6
96.5 106.4 100.4 104.9 104.6 105.1 1112 114.2

109.1 121.2 113.6 116.1 119.1 1212 128.3 130.9
100.5 111.5 104.3 107.0 109.3 111.6 118.0 119.8
98.4 107.6 101.9 103.8 105.9 107.3 113.3 114.9
98.9 108.3 102.6 104.5 106.6 108.1 114.1 115.7
112.0
111.0
110.3
108.6

114.7
112.9
112.3
108.7

112.8
111.5
110.9
108.9

113.5
112.0
111.4
108.5

114.4
112.7
112.1
108.9

1152
113.3
112.7
108.6

1992 1993

1992

1993

IV

115.7
113.7
113.1
108.8

116.6
114.5
113.9
109.3

Nonresidential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Implicit price deflator
Structures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Implicit price deflator
Producers' durable
equipment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Implicit price deflator
Residential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Implicit price deflator
Exports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Imports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator

113.6 125.3 116.4 119.5 124.4 125.5 131.8 133.9
106.3 118.9 109.2 113.0 117.4 119.5 125.7 127.6
103.3 113.3 105.7 108.4 112.4 113.4 119.0 120.5
104.1 114.4 106.7 109.4 113.5 114.5 120.1 121.6
111.4
109.9
109.1
106.9

113.3
111.0
1102
105.4

100.7 104.3

112.0
110.1
109.4
106.6

112.4
110.4
109.6
105.7

113.1
110.9
110.1
106.0

113.6
1112
110.5
105.1

114.0
111.4
110.6
104.8

114.6
111.9
111.2
105.0

99.9 100.6 103.7 104.5 108.4 103.3

87.9
87.9
87.9

88.5
88.5
88.5

86.4
86.4
86.4

86.5
86.5
86.5

882
88.3
88.3

88.3
88.3

90.8
90.9
90.9

85.9
85.9

114.6
114.6
114.6
114.6

117.8
117.9
117.8
117.9

115.6
115.6
115.6
115.7

116.3
116.3
116.3
116.3

117.4
117.4
117.4
117.5

118.4
118.4
118.3
118.5

119.3
119.3
119.3
119.4

120.2
1202
120.2
120.3

120.3 136.3 125.1 129.3 135.3 136.6 144.0 150.0
116.0 134.9 121.2 126.9 132.7 135.9 144.0 149.5
111.8 127.0 116.4 120.4 125.8 127.2 134.5 139.6
112.8 128.3 117.6 121.7 127.1 128.6 136.0 141.1
109.7
107.6
106.7
103.8

110.9
107.7
106.9
101.1

110.1
107.5
106.7
1032

110.4
107.6
106.8
102.0

110.9
107.8
107.0
101.9

111.2
107.9
107.1
100.5

111.2
107.7
106.9
100.0

111.7
108.1
107.3
100.4

99.3 112.1 107.4 108.7 107.4 111.6 120.6 124.3
87.5
87.5
87.5

95.1
95.1
95.2

93.5
93.5
93.5

93.8
93.8
93.9

91.6
91.6
91.6

113.4
113.5
113.4
113.4

117.7
117.8
117.7
117.8

114.8
114.9
114.8
114.9

115.8
115.9
115.8
115.8

117.2
117.3
117.2
117.3

942 100.9 102.7
94.1 100.9 102.8
94.2 101.0 102.8
118.5
118.6
118.5
118.5

119.5
119.5
119.4
119.5

120.9
121.0
120.8
121.0

176.0 181.8 179.9 178.9 181.3 179.5 187.5 187.3
158.8 164.4 162.5 161.6 163.0 162.6 170.4 169.9
155.9 160.0 159.0 157.9 1592 157.8 164.9 163.9
156.8 161.0 160.0 158.9 1602 158.8 166.0 165.0
113.7
112.9
112.3
110.8

115.4
113.9
113.4
110.6

114.3
113.2
112.6
110.7

114.7
113.4
112.9
110.8

115.5
114.1
113.5
111.3

115.7
114.1
113.5
110.4

115.9
1142
113.6
110.1

117.0
115.1
114.5
110.2

1322 143.0 136.8 138.0 143.0 143.0 1482 150.1
120.6 133.1 124.3 127.8 131.8 133.8 138.9 141.8
116.6 126.7 119.5 122.3 125.8 127.0 131.6 134.1
117.7 128.1 120.9 123.7 1272 128.4 133.1 135.6
115.1
113.4
112.3
109.6

115.0
112.8
111.7
107.5

115.9
114.1
113.0
110.0

114.5
112.5
111.5
108.0

115.6
113.4
112.4
108.5

114.8
112.5
111.5
106.9

115.1
112.6
111.5
106.7

114.6
112.0
110.9
105.9

SURVEY OF CURRENT BUSINESS

24 • May 1994

Table 7.1.-Fixed-Weighted and Alternative Quantity and Price Indexes
for Gross Domestic Product—Continued

Table 7.2.-Fixed-Weighted and Alternative Quantity and Price Indexes
for Gross Domestic Product, Final Sales, and Purchases

[Index numbers, 1987-100]

[Index numbers, 1987-100]
Seasonally adjusted

Seasonally adjusted
1992

1993

1993

1992

1994
III

Government purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Federal:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
National defense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights..
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights..
Benchmark-years weights ...
Implicit price deflator
Nondefense:
Current dollars
,
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights.,
Benchmark-years weights ..,
Price indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weights ..
Implicit price deflator
State and local:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator

129.3

131.4 132.1 132.6 133.0

107.2 106.5 107.4
107.0 106.4 107.2
106.9 106.2 107.1

105.6
105.6
105.4

106.8 106.8 106.8 105.8
106.6 106.6 106.6 105.9
106.5 106.5 106.5 105.8

121.7
121.0
121.3
120.8

123.2
122.4
122.6
122.4

124.0
123.2
123.5
123.1

116.6 115.2 117.5

115.0

116.3 115.2 114.3 114.8

124.3
123.5
123.7
123.3

124.8
123.9
124.2
123.7

125.1
124.4
124.6
124.1

126.3
125.6
125.8
125.7

96.9
96.6
96.3

92.2
92.2
92.0

97.1
96.8
96.5

92.9
92.9
92.7

93.4
93.4
93.2

91.9
91.9
91.6

90.7
90.8
90.5

89.5
90.0

121.8
120.7
121.0
120.3

126.2
124.8
125.3
124.9

122.8
121.5
122.0
121.1

125.1
123.6
124.1
123.8

125.8
124.3
124.8
124.5

126.8
125.4
125.9
125.4

127.0
125.9
126.4
126.1

128.4
127.3
127.8
128.2

107.4 103.9 108.1 104.4 105.3 103.4 102.5 100.2

88.6
88.7

83.0
82.5
82.7

89.5
88.5
88.6

84.2
83.8
83.9

84.4
84.0
84.1

82.2
81.6
81.8

81.2
80.8
80.9

78.1
78.1
78.2

122.3
121.2
121.2
120.1

127.2
125.8
125.9
125.1

123.5
122.2
122.2
120.8

125.9
124.4
124.5
123.9

126.8
125.3
125.4
124.8

127.9
126.6
126.6
125.7

128.1
126.9
127.0
126.2

129.4
128.1
128.1
128.3

145.4 150.8 147.2 148.4 150.7

152.5 151.5 160.6

120.4 121.1 121.1 120.1 121.7 122.4 120.4 125.5
122.1 123.0 122.9 121.8 123.5 124.4 122.5 128.0
120.7 121.6 121.5 120.4 122.0 122.9 121.1 126.5
120.2
119.1
120.5
120.8

123.0
122.3
123.8
124.5

137.5

143.9 139.2 140.4

120.9
119.7
121.2
121.6

122.5
121.6
123.0
123.6

122.5
121.8
123.3
123.9

123.4
122.5
124.0
124.6

123.6
123.3
124.8
125.9

125.3
125.1
126.7
127.9

143.2 145.2 146.8 147.2

115.2 117.6 115.4 115.5 117.1 118.4 119.4 118.5
115.0 117.3 115.3 115.4 116.8 118.0 118.9 118.2
115.1 117.4 115.3 115.4 116.9 118.1 119.0 118.2
119.6
119.6
119.5
119.4

122.8
122.7
122.6
122.4

120.9
120.8
120.7
120.6

121.8
121.7
121.6
121.5

122.7
122.6
122.5
122.3

123.2
123.1
123.0
122.7

123.6
123.5
123.4
123.0

124.7
124.6
124.5
124.2

NOTE.-The quantity and price indexes in this table are calculated from weighted averages of the detailed
output and prices used to prepare each aggregate and component. The fixed-weighted measures use as weights
the composition of output in 1987. For the alternative indexes, the chain-type indexes with annual weights use
weights for the preceding and current years, and the indexes with benchmark-years weights use weights of 1959,
1963, 1967, 1972, 1977, 1982, and 1987 and the most recent year. Percent changes from preceding period for
selected items in this table are shown in table 6.1.




1993

1994

1993

1992

III

128.4 131.4 129.8

120.6
120.0
120.2
119.7

1992

IV
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weignts
Implicit price deflator
Final sales of domestic product1
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weignts
Implicit price deflator
Gross domestic purchases2:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Final sales to domestic purchasers3:
Current dollars
,
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator

IV

133.0 140.5 136.4 137.9 139.4 140.9 143.8 145.8
109.8 113.1 111.6 111.9 112.4 113.2 115.1 116.0
109.5 112.5 111.3 111.4 111.9 112.5 114.2 115.0
109.4 112.3 111.1 111.2 111.7 112.3 114.0 114.8
122.1
121.5
121.7
121.1

125.9
125.0
125.2
124.2

123.5
122.6
122.9
122.2

124.8
123.8
124.1
123.3

125.6
124.7
124.9
124.0

126.3
125.3
125.6
124.5

127.0
126.0
126.3
124.9

128.0
127.0
127.3
125.7

133.6 141.0 137.0 138.0 139.9 141.5 144.4 146.2
110.3 113.5 112.1 111.9 112.7 113.7 115.6 116.2
109.9 112.8 111.6 111.3 112.2 112.9 114.6 115.2
109.9 112.7 111.5 111.2 112.1 112.8 114.5 115.1
122.2
121.6
121.7
121.1

126.0
125.0
125.3
124.2

123.6
122.7
122.9
122.2

124.9
123.9
124.2
123.3

125.7
124.7
125.0
124.1

126.4
125.4
125.6
124.5

127.1
126.1
126.4
125.0

128.1
127.1
127.4
125.8

129.6 137.6 133.1 134.7 136.5 138.1 140.8 143.0
107.2 111.3 109.1 109.7 110.6 111.6 113.4 114.6
106.7 110.2 108.4 108.9 109.6 110.4 112.0 113.1
106.7 110.3 108.5 108.9 109.7 110.5 112.1 113.2
122.0
121.5
121.5
120.9

125.6
124.9
124.9
123.6

123.4
122.8
122.8
122.1

124.4
123.8
123.8
122.8

125.3
124.6
124.6
123.5

125.9
125.2
125.2
123.8

126.6
125.9
125.9
124.2

127.4
126.7
126.7
124.8

130.2 138.0 133.6 134.8 137.0 138.7 141.5 143.4
107.7 111.6 109.5 109.7 110.9 112.1 113.8 114.8
107.1 110.5 108.7 108.8 109.9 110.8 112.4 113.3
107.2 110.6 108.9 108.9 110.0 111.0 112.5 113.4
122.1
121.6
121.5
120.9

125.7
124.9
124.9
123.6

123.4
122.8
122.8
122.0

124.5
123.8
123.8
122.8

125.4
124.7
124.7
123.5

126.0
125.2
125.1
123.8

126.7
126.0
126.0
124.

127.5
126.8
126.8
124.9

1. Equals GDP less change in business inventories.
2. Equals GDP less net exports of goods and services or equals the sum of personal consumption
expenditures, gross private domestic investment, and government purchases.
3. Equals gross domestic purchases less change in business inventories or equals the sum of personal
consumption expenditures, gross private domestic fixed investment, and government purchases.
NOTE.-Percent changes from preceding period for selected items in this table are shown in table 8.1.

May 1994 •

SURVEY OF CURRENT BUSINESS
Table 7.3.-Fixed-Weighted and Alternative Quantity and Price Indexes
for Gross National Product and Command-Basis Gross National
Product

Table 7.6.—Price Indexes for Fixed Investment by Type, Fixed
1987 Weights
[Index numbers, 1987-100]

[Index numbers, 1987-100]

Seasonally adjusted
1992

1992

1993

1992

133.0 140.3 136.3 137.8 139.2 140.9 143.5 145.6
109.9 113.1 111.5 111.8 112.3 113.2 114.9 115.8
109.6 112.4 111.2 111.3 111.8 112.5 114.0 114.9
109.5 112.3 111.0 111.2 111.7 112.4 113.9 114.7

Less: Exports of goods and services
and receipts of factor income:
Current dollars
Quantity index, fixed 1987 weights ...
Plus: Command-basis exports of
goods and services and receipts
of factor income:
Current dollars
Quantity index, fixed 1987 weights ...
Equals: Command-basis gross
national product:
Current dollars
Quantity index, fixed 1987 weights ...

125.9
124.9
125.2
124.1

123.4
122.5
122.8
122.2

124.7
123.8
124.0
123.3

125.6
124.6
124.9
124.0

126.2
125.2
125.5
124.4

126.9
126.0
126.3
124.8

127.9
127.0
127.2
125.6

164.1 169.2 165.7 165.0 168.8 168.1 174.8 175.9
145.7 149.9 147.2 146.3 148.9 149.0 155.3 155.9

176.0 181.8 179.9 178.9 181.3 179.5 187.5 187.3
147.0 153.4 147.6 149.3 151.9 153.1 159.2 161.2

133.0 140.3 136.3 137.8 139.2 140.9 143.5 145.6
110.0 113.4 111.6 112.1 112.6 113.7 115.3 116.4

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 7.4.—Price Indexes for Personal Consumption Expenditures
by Major Type of Product, Fixed 1987 Weights
[Index numbers, 1987-100]
Personal consumption
expenditures
Durable goods .
Motor vehicles and parts
Furniture and household equipment,
Other
Nondurable goods ....
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services.
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other
Addenda:
Price indexes for personal
consumption expenditures:
Chain-type annual weiahts
Benchmark-years weights ..

124.9 128.7 126.5 127.5 128.4 128.9 129.8 130.5
112.2 115.8 113.3 113.9 115.3 116.6 117.5 117.9
104.0 104.3 104.2 103.9 104.2 104.3 105.0 105.3
124.2 126.8 124.3 126.1 127.2 126.8 127.1 128.3
123.0 124.9 123.8 124.9 125.0 124.5 125.1 125.2
124.3
119.1
122.2
116.1
131.6

122.7
118.2
124.7
117.3
130.3

123.5
119.8
126.3
116.2
131.4

124.2
119.0
123.1
117.4
132.2

124.3
118.9
118.8
116.5
131.5

125.3
118.8
120.4
114.3
131.4

127.8
115.6
114.6
116.4
135.5
148.5
137.2

125.4
113.9
112.7
114.9
131.9
144.0
134.4

126.5
113.5
112.2
114.6
134.4
145.9
135.4

127.6
115.3
114.2
116.2
134.9
147.9
136.6

128.1
116.4
115.8
116.9
136.0
149.3
137.6

129.0
117.1
116.0
118.0
136.7
150.7
139.1

130.3
117.4
115.5
119.2
138.5
152.1
139.9

124.4 128.0 125.8 126.8 127.7 128.2 129.1 129.8
124.5 128.1 125.9 127.0 127.9 128.3 129.2 129.9

NOTE.-Percent changesfrompreceding period for selected items in this table are shown in table 6.1.




125.7
118.6
119.8
115.9
131.3

129.5 134.7 131.6 132.8 134.2 135.2 136.3 137.4
124.1
112.5
111.0
113.8
128.3
140.9
132.2

III

I

IV

I

112.0 114.7 112.8 113.5 114.4 115.2 115.7 116.6
111.4 113.3 112.0 112.4 113.1 113.6 114.0 114.6

Structures
Nonresidential buildings, including
farm
Utilities
Mining exploration, shafts, and

wells

114.6 117.8 115.6 116.3 117.4 118.4 119.3 120.2
113.7 117.2 114.8 115.6 116.5 117.8 118.8 119.7
115.6 119.3 116.4 117.3 119.4 119.8 120.8 122.1
123.5 123.3 123.1 122.9 123.6 123.3 123.3 124.6
110.7 113.6 112.6 112.3 113.7 113.6 114.7 115.1

Other structures
Producers' durable equipment
Information processing and related
equipment
Computers and peripheral
equipmentl
Other
Industrial equipment
Transportation and related
equipment
Other.;.

109.7 110.9 110.1 110.4 110.9 111.2 111.2 111.7
93.1

92.3

92.8

92.7

92.3

92.1

91.9

91.8

59.6 53.0 57.0 55.7 53.6 52.2 50.5
107.9 109.6 108.5 109.0 109.5 109.7 110.2 110.5
1202 122.5 120.9 121.1 122.3 123.2 123.4 123.4
116.8 119.2 117.3 118.4 119.1 119.6 119.6 121.4
117.1 119.1 118.0 1182 119.1 119.4 119.6 120.1
113.4 117.7 114.8 115.8 117.2 118.5 119.5 120.9

Residential

118.1
118.3
115.6
118.6

115.0
115.2
112.5
115.7

116.1
116.2
113.5
116.7

117.5
117.3
114.6
118.7

118.8
119.2
116.4
119.1

119.8
120.4
117.6
119.7

121.2
121.4
118.5
121.9

Structures
Single family
Multifamily
Other structures

113.6
113.4
111.3
114.7

Producers' durable equipment

104.9 105.5 104.9 104.5 105.4 105.9 106.3 106.8

Addenda:
Price indexes for fixed investment:
Chain-type annual weiahts
Benchmark-years weights

111.0 112.9 111.5 112.0 112.7 113.3 113.7 114.5
110.3 112.3 110.9 111.4 112.1 112.7 113.1 113.9

1. Includes new computers and peripheral equipment only.
NOTE.-Percent changes from preceding period for selected items in this table are shown in table 8.1.

111.5 113.8 112.1 112.6 113.5 114.1 114.9 115.4

122.0
117.9
123.3
116.5
128.8

1994

1993

1992
IV

Nonresidential

122.1
121.4
121.6
121.1

1993

1994

1993

Fixed investment
Gross national product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator

25

Table 7.9.—Price Indexes for Exports and Imports of Goods
and Services and for Receipts and Payments of Factor Income,
Fixed 1987 Weights
[Index numbers, 1987-100]
Exports of goods and services
Merchandisel
Durable
Nondurable
Servicesl ...

113.7 115.4 114.3 114.7 115.5 115.7 115.9 117.0
109.6
109.3
110.2
123.7

110.4
110.7
109.8
127.6

109.7
109.8
109.5
125.5

110.0
110.3
109.4
126.2

110.5
111.1
109.3
127.7

110.5
110.8
110.0
128.2

110.7
110.8
110.4
128.5

111.9
111.4
112.9
129.3

Receipts of factor income2

122.5 125.7 123.7 124.9 125.6 126.1 126.5 127.4

Imports of goods and services

115.1 115.0 115.9 114.5 115.6 114.8 115.1 114.8

Merchandise *
Durable
Nondurable
Servicesl
Payments of factor Income3
Addenda:
Price indexes for exports of goods
and services:
Chain-type annual weiahts
Benchmark-years weights
Price indexes for imports of goods
and services:
Chain-type annual weiahts
Benchmark-years weignts

112.1
112.8
110.7
128.9

112.0
114.3
108.0
128.4

113.1
113.5
112.4
128.3

111.6
113.3
108.6
127.5

112.7
114.1
110.3
128.2

111.8
114.3
107.3
128.3

111.9
115.4
105.7
129.6

111.3
115.8
103.4
129.4

125.0 129.1 126.6 127.9 128.9 129.6 130.1 131.0

112.9 113.9 113.2 113.4 114.1 114.1 114.2 115.1
112.3 113.4 112.6 112.9 113.5 113.5 113.6 114.5
113.4 112.8 114.1 112.5 113.4 112.5 112.6 112.0
112.3 111.7 113.0 111.5 112.4 111.5 111.5 110.9

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal
Government, are included in services.
2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign
affiliates of U.S. corporations.
3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.
NOTE.— Percent changes from preceding period for selected items in this table are shown in table 8.1.

SURVEY OF CURRENT BUSINESS

26 • May 1994

Table 7.10.—Price Indexes for Exports and Imports of Merchandise
by End-Use Category, Fixed 1987 Weights

Table 7.11.—Price Indexes for Government Purchases by Type,
Fixed 1987 Weights

[Index numbers, 1987-100]

[Index numbers, 1987-100]
Seasonally adjusted

Seasonally adjusted
1992

1993

1992

1993

1994
III

Exports of merchandise
Foods, feeds, and beverages
Industrial supplies and materials
Durable goods
Nondurable goods
Capital goods, except automotive
Civilian aircraft, engines, and parts ...
Computers, peripherals, and parts ....
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
Durable goods
Nondurable goods
Imports of merchandise

116.1
109.2
125.2
101.9
105.9
125.6
52.1
117.9
113.2
119.8
115.0
124.0
113.9
113.9
113.9

111.7
108.8
118.7
104.4
105.8
123.5
56.3
117.0
113.0
118.8
115.0
122.1
113.4
113.4
113.4

113.1
109.1
122.3
103.1
105.8
124.6
54.9
117.1
113.3
119.6
115.4
123.3
113.4
113.4
113.4

113.1
110.4
127.5
102.6
106.0
125.4
52.7
117.9
113.3
119.7
114.9
123.9
114.1
114.1
114.1

118.2
109.1
126.2
101.3
105.7
125.1
51.2
118.1
113.1
119.7
114.8
124.1
113.8
113.8
113.8

120.1
108.3
124.9
100.8
106.0
126.8
49.7
118.6
113.3
120.1
114.8
124.8
114.1
114.1
114.1

125.9
110.5
127.8
102.6
106.1
127.2
48.9
118.8
113.9
120.5
115.4
124.9
114.7
114.7
114.7

112.1 112.0 113.1 111.6 112.7 111.8 111.9 111.3
108.1 107.9 107.2 105.7 106.6 108.8 110.7 110.9
114.2
115.3
113.1
100.8
107.3
122.2
61.4
116.5
114.8
118.3
116.9
120.1
114.7
114.7
114.7

Addenda:
Exports of agricultural products1
Exports of nonagricultural products .
Imports of nonpetroleum products ...

111.5 113.3 109.8 111.1 110.5 115.0 116.6 122.6
109.4 110.0 109.7 109.8 110.5 109.9 109.9 110.6
113.4 114.3 114.2 113.4 114.3 114.4 115.3 115.6

114.4
114.7
114.0
104.0
108.0
123.5
59.0
117.8
115.9
119.8
117.9
122.3
115.8
115.8
115.8

114.8 115.0 113.4 114.0
117.6 117.4 115.5 117.3
111.9 112.4 111.1 110.4
95.5 99.1 88.5 81.6
106.9 107.7 108.6 109.0
124.6 125.4 125.2 126.9
57.8 56.3 55.0 53.4
116.5 117.8 119.3 120.1
115.1 116.5 117.0 118.9
118.8 119.7 119.5 119.7
117.9 118.7 118.4 118.6
119.8 120.9 120.8 121.1
114.8 115.8 116.0 117.3
114.8 115.8 116.0 117.3
114.8 115.8 116.0 117.3

115.1
119.3
110.7
73.7
108.7
127.2
52.4
119.8
119.6
119.6
118.9
120.6
117.3
117.2
117.2

1. Includes parts of: exports of foods, feeds, and beverages, of nondurable industrial supplies and materials,
and of nondurable consumer goods, except automotive.




1992

Government purchases .
Federal.
National defense
Durable goods
Nondurable goods
Services
Compensation of employees .
Military
Civilian
Other services
Structures
Nondefense
Durable goods
Nondurable goods
Commodity Credit Corporation
inventory change
Other nondurables
Services
Compensation of employees ....
Other services
Structures
State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures
Addenda:
Price indexes for government
purchases:
Chain-type annual weights
Benchmark-years weights
Price indexes for Federal national
Chain-type annual weights
Benchmark-years weights
Price indexes for Federal nondefense
purchases:
Chain-type annual weiahts
Benchmark-years weights
Price indexes for State and local
purchases:
Chain-type annual weights
Benchmark-years weights

1994

1993

IV

Foods, feeds, and beverages
Industrial supplies and materials, except
petroleum and products
Durable goods
Nondurable goods
Petroleum and products
Capital goods, except automotive
Civilian aircraft, engines, and parts ...
Computers, peripherals, and parts ....
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
Durable goods
Nondurable goc

114.3
117.0
111.5
91.4
108.0
125.6
55.6
118.4
116.9
119.4
118.4
120.7
116.0
115.9
115.9

1993

IV

109.6 110.4 109.7 110.0 110.5 110.5 110.7 111.9
114.5
108.3
116.5
104.6
105.8
122.1
58.9
116.5
112.3
118.0
114.5
120.9
113.0
113.0
113.0

1992

III

IV

120.6 124.3 121.7 123.2 124.0 124.8 125.1 126.3
121.8 126.2 122.8 125.1 125.8 126.8 127.0 128.4

122.3 127.2 123.5 125.9 126.8 127.9 128.1 129.4
113.7
115.6
127.1
134.6
136.6
130.6
116.4
114.0

117.6
113.1
132.9
143.1
143.8
141.7
118.5
117.7

115.3
117.8
128.0
135.1
136.6
132.0
117.8
116.2

117.1
113.0
131.2
140.6
142.3
137.1
117.8
117.2

117.9
115.9
132.1
141.7
143.3
138.3
118.5
117.4

117.9
112.6
134.0
144.7
143.9
146.5
118.8
117.3

117.6
110.8
134.4
145.4
145.7
144.9
118.8
118.8

117.5
106.4
136.9
148.5
148.0
149.5
120.3
120.0

120.2 123.0 120.9 122.5 122.5 123.4 123.6 125.3
101.2 93.1 96.9 94.0 94.0 94.1 90.3 92.3

107.9
124.5
129.3
117.9
113.7

105.9
129.0
136.4
118.7
116.5

106.0
125.5
130.6
118.4
114.8

106.0
128.0
135.2
118.1
115.1

106.3
128.3
135.7
118.1
116.2

106.0
129.3
136.4
119.3
116.8

105.2
130.4
1385
119.5
117.7

106.6
132.6
141.3
120.6
118.3

119.6
113.2
115.4
122.6
127.5
69.3
109.5

122.8
115.3
116.0
126.1
132.1
60.5
113.1

120.9
113.6
114.9
124.0
129.2
67.0
111.6

121.8
114.5
116.2
125.0
130.6
63.9
111.5

122.7
115.4
117.9
125.7
131.6
60.3
113.0

123.2
115.8
115.6
126.6
132.7
60.1
113.3

123.6
115.6
114.2
127.2
133.5
57.8
114.4

124.7
116.6
115.6
128.3
134.7
57.5
115.1

120.0 123.5 121.0 122.4 123.2 123.9 124.4 125.6
120.2 123.7 121.3 122.6 123.5 124.2 124.6 125.8

121.2 125.8 122.2 124.4 125.3 126.6 126.9 128.1
121.2 125.9 1225 124.5 125.4 126.6 127.0 128.1

119.1 122.3 119.7 121.6 121.8 122.5 123.3 125.1
120.5 123.8
123.0 123.3 124.0 124.8 126.7

119.6 122.7 120.8 121.7 122.6 123.1 123.5 124.6
119.5 122.6 120.7 121.6 122.5 123.0 123.4 124.5

May 1994

SURVEY OF CURRENT BUSINESS

•

Table 7.12.—Price Indexes for National Defense Purchases, Fixed
1987 Weights

Table 7.14.—Implicit Price Deflators for Gross Domestic Product
by Sector

[Index numbers, 1987-100]

[Index numbers, 1987-100]
Seasonally adjusted

Seasonally adjusted
1992

1993

1992

1994

1993
III

National defense purchases.
Durable goods

Nondurable goods

118.8
125.7
98.3
121.7
128.0
109.8
118.2
106.1

116.2
121.8
97.4
119.2
124.1
109.6
117.9
106.3

118.2
124.8
99.1
120.7
126.0
109.7
118.2
106.3

119.1
125.3
99.9
121.4
130.8
109.6
118.2
106.2

119.0
127.0
96.8
122.7
126.9
109.6
117.9
105.8

118.8
125.8
97.5
122.1
128.3
110.0
118.3
106.0

118.6
127.3
90.5
123.3
129.4
110.4
118.6
106.3

Services
Compensation of employees

Military

Civilian
Other services
Contractual research and
development
Installation support l
Weapons support2
Personnel support3
Transportation of material
Travel of persons
Other

Military facilities
Other

120.1
119.5
125.5
106.1
119.8

122.8
122.4
127.3
110.7
122.6

121.2
120.8
124.5
104.9
120.9

122.1
121.6
126.9
107.1
121.8

122.8
122.3
126.8
109.3
122.5

123.1
122.7
127.4
108.3
122.9

123.3
122.8
128.1
117.8
123.2

123.9
123.1
131.9
123.3
123.9

127.7 131.9 129.8 131.3 131.3 131.9 133.2 134.6

Households and institutions ..

Addendum:
Gross domestic business product
less housing

134.6
136.6
130.6
116.4

143.1
143.8
141.7
118.5

135.1
136.6
132.0
117.8

140.6
142.3
137.1
117.8

141.7
143.3
138.3
118.5

144.7
143.9
146.5
118.8

145.4
145.7
144.9
118.8

148.5
148.0
149.5
120.3

111.9
113.5
120.5
134.7
104.6
110.6

113.1
115.7
124.4
136.0
105.2
116.4

113.5
114.5
122.1
136.8
104.5
111.3

113.8
113.8
123.1
134.9
104.9
115.6

113.6
115.4
124.0
136.4
104.8
115.6

113.2
116.8
124.4
136.0
105.8
116.2

111.7
116.9
126.1
136.9
105.3
118.2

113.8
117.3
127.6
139.6
105.3
119.6

132.8 140.6 133.5 138.6 139.5 141.8 142.8 145.9
127.4 131.9 129.0 130.4 131.4 132.5 133.3 134.6

Federal
State and local

119.3

Table 7.15.—Current-Dollar Cost and Profit Per Unit of ConstantDollar Gross Domestic Product of Nonfinancial Corporate Business
[Dollars]

Current-dollar cost and profit
per unit of constant-dollar
gross domestic product 1 ...
Consumption of fixed capital

,

Net domestic product

1.149 1.164 1.154 1.162 1.164 1.164 1.165 1.172
.125

.123

.122

.124

.123

.124

.122

.126

1.024 1.040 1.032 1.037 1.041 1.039 1.044 1.045

Indirect business tax and nontax
liability plus business transfer
121.2 125.8 122.2 124.4 125.3 126.6 126.9 128.1
121.2 125.9 122.2 124.5 125.4 126.6 127.0 128.1

121.1 124.2 122.2 123.3 124.0 124.5 124.9 125.7
122.5 125.8 123.7 124.9 125.6 126.1 126.5 127.4
124.8 128.7 126.3 127.7 128.4 129.2 129.4 130.3
121.1 124.1 122.2 123.3 124.0 124.4 124.8 125.6

Less: Consumption of fixed capital

110.6 1122 111.0 111.5 111.9 112.5 112.7 113.4

Equals: Net national product

122.5 125.7 123.6 124.8 125.5 126.0 126.4 127.4

Less: Indirect business tax and nontax
liability plus business transfer
payments less subsidies plus current
surplus of government enterprises ....
Statistical discrepancy

131.3 132.1 131.0 127.7 132.1 135.1 133.3 133.9
119.8 122.6 120.9 121.8 122.5 122.9 123.2 123.9

Equals: National income

121.6 125.1 122.9 124.5 124.9 125.1 125.7 126.7

Addenda:
Net domestic product
Domestic income

122.5 125.8 123.7 124.9 125.6 126.1 126.5 127.4
121.7 125.1 123.0 124.6 125.0 125.2 125.8 126.8

1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign
affiliates of U.S. corporations.
2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.




Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

127.1 132.9 128.0 131.2 132.1 134.0 134.4 136.9

[Index numbers, 1987*100]

Equals: Gross national product

121.1 124.2 122.2 123.3 124.0 124.5 124.9 125.7
119.8 122.6 120.9 121.8 122.5 122.9 123.2 123.9

Business

129.0 134.4 130.3 132.8 133.8 135.1 136.0 137.8

Table 7.13.—Implicit Price Deflators for the Relation of Gross
Domestic Product, Gross National Product, Net National Product,
and National Income

Plus: Receipts of factor income from
the rest of the world 1
Less: Payments of factor income to the
rest of the world 2

IV

General government,

1. Includes utilities, communications, rental payments, maintenance and repair, and payments to contractors to
operate installations.
2. Includes depot maintenance and contractual services for weapons systems, other than research and
development
3. includes compensation of foreign personnel, consulting, training, and education.

Gross domestic product

III

119.7 112.5 124.2 111.1 119.7 110.8 108.3 94.0
108.5 111.4 111.5 111.3 111.1 112.6 110.5 111.8
117.9 115.3 116.8 116.7 116.2 114.3 113.8 114.6

106.1 108.3 107.5 108.1 108.0 107.7 109.4 110.7
128.6 135.0 132.2 133.9 134.8 135.0 136.0 136.9

Addenda:
Price indexes for national defense
purchases:
Chain-type annual weights
Benchmark-years weights

Gross domestic product.

1994

1993

115.7 119.4 117.4 117.9 118.7 120.0 121.1 121.7
128.2 132.5 130.4 131.9 131.9 132.4 133.8 135.2

114.0 117.7 116.2 117.2 117.4 117.3 118.8 120.0

Structures

1992

Private households
Nonprofit institutions

115.6 113.1 117.8 113.0 115.9 112.6 110.8 106.4

Petroleum products
Ammunition
Other nondurable goods

1993

IV

122.3 127.2 123.5 125.9 126.8 127.9 128.1 129.4

114.4
118.4
98.6
118.4
120.9
109.2
116.6
106.5

1992

IV

113.7 117.6 115.3 117.1 117.9 117.9 117.6 117.5

Military equipment
Aircraft
Missiles
Ships
Vehicles
Electronic equipment
Other
Z...
Other durable goods

27

Domestic income
Compensation of employees
Corporate profits with inventory
valuation and capital
consumption adjustments
Profits tax liability
Profits after tax with inventory
valuation and capital
consumption adjustments
Net interest

.118
.923

.116
.916
.761

.116
.921
.772

.118
.923
.770

.118
.922

.118
.925
.762

.119
.926
.769

.035

.109
.040

.109
.037

.102
.037

.108
.040

.108
.038

.118
.044

.113
.043

.064
.048

.069
.046

.072
.046

.065
.047

.068

.070
.045

.075
.044

.070
.044

.116
.908
.762

1. Equals the deflator for gross domestic product of nonfinancial corporate business with the decimal point
shifted two places to the left.

SURVEY OF CURRENT BUSINESS

28 • May 1994

8. Supplementary TablesTable 8.1 .—Percent Change From Preceding Period in Selected Series
[Percent]
Seasonally adjusted at annual rates
1992 1993 1992

1993

Gross domestic product
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Personal consumption expenditures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Durable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Nondurable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights

,

Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Gross private domestic Investment.
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weigrrts
Fixed investment
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights

5.6

9.2

4.4

4.3

4.4

8.4

5.7

2.6
2.3
2.4

3.0
2.7
2.7

5.7
5.5
5.5

.8
.4
.4

1.9
1.8
1.8

2.9
22
2.2

7.0
62
6.2

3.0
2.8
2.8

3.3
3.1
3.2

3.1
2.9
2.9

3.1
2.8
2.9

4.3
4.1
4.1

2.8
2.7
2.7

2.1
2.1
2.1

2.3
2.4
2.4

3.1
3.1
3.1

6.0

6.1

9.9

3.8

6.1

5.5

2.6
2.3
2.5

3.3
3.0
3.1

5.6
5.1
5.2

.8
.6
.6

3.4
3.2
3.2

4.4
4.0
4.0

4.4
3.9
3.9

4.6
4.2
4.2

3.7
3.6
3.6

3.0
2.9
2.9

3.1
2.9
3.0

3.4
3.3
3.3

2.9
2.9
2.9

1.4
1.5
1.5

2.8
2.8
2.8

2.1
22
2.2

8.6

8.2

13.1

-1.0

13.3

8.0

16.3

11.2

7.0
6.7
6.8

7.3
6.5

12.1

-1.3
-22
-22

10.8
10.4
10.4

7.6
6.4
6.4

152
14.1
14.1

102
9.3
9.3

22
1.8
2.0

2.0
1.7
1.7

1.1
1.0
1.1

1.8
1.4
1.4

3.3
2.8
2.8

2.0
1.8
1.8

2.6
2.4
2.4

1.9
1.5
1.5

3.4

3.8

8.2

1.1

2.9

2.3

4.5

4.3

1.4
1.4
1.4

2.4
2,
2.3

7.3
7.0
7.0

-2.1
-22
-2.2

2.7
25
2.5

3.7
3.5
3.5

2.7
2.5
2.5

4.2
4.1
4.1

2.1
2.0
2.1

1.6
1.5
1.5

1.3
1.1
1.2

3.5
3.4
3.4

.4
.4

-1.6
-1.3
-1.3

1.8
1.9
1.9

.3
.3
.3

6.9

6.9

10.1

6.4

6.3

6.8

6.0

5.8

2.0
2.1

2.9
2.7
2.8

2.9
2.6
2.8

3.1
2.8
2.8

2.1
2.0
2.0

3.9
3.8
3.8

2.6
25
2.5

3.3
3.1
3.1

5.0
4.8
4.9

4.0
3.9
4.0

4.6
4.4
4.5

3.7
3.7
3.7

4.3
4.
4.

2.9
2.9
2.9

3.4
3.4
3.4

3.3
3.3
3.3

8.1

12.0

16.4

21.1

4.6

24.9

14.5

8.5
7.4
7.9

11.9
10.2
10.3

13.3
13.8
13.8

22.7
19.3
19.3 - 1 .

5.0
2.0
2.0

25.8
25.1
25.1

11.7
11.4
11.4

Nonresldential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ...
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights ...
Benchmark-years weights




11.0

15.3

6J
5.
5.6

11.0
9.4
9.5

14.0
14.1
14.3

2.4
1.8
1.8

2.9
1
2.0
1.1

1994

1993
III

5.5

5.8

1992

IV

6.0

Services:

Current dollars

1992 1993

1994
III

10.6

7.3

25.6

8.4

10.7
7.
7.7

9.0
82
82

5.7

24.8
24.1
24.1

6.5
5.8
5.8

1.
1.1
1

2.
1.7
1.7

3.3
2.:
2;

2.'
2.1
2.1

1.9
1.4

3.1
2.8
2.8

10.3

7.4

10.9

3.8

21.4

11.8
9.6
9.8

7.6
7.4
7.6

14.<
10J
10.3

16.6
16.0
16.0

7.4
3.4

22.5
212
212

6.1
5.1
5.1

1.6
1.0
1.0

2.5
1.8
1.8

1.9
1
1

12
.6
.6

2.3
2.0
2.0

Structures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Producers1 durable
equipment
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights .
Residential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Exports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights

,

Imports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Government purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Federal:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
National defense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ...
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights ...
Benchmark-years weights

IV

3.4

-5.5

3.5

.7

3.1

12.6

-6.0
-6.0
-6.0

.6
.7
.7

-2.1
-1.9
-1.9

.5
.6
.6

8.1
8.4
8.4

.6

2.8
2.8
2.8

2.7
2.8
2.8

2.5
2.4
2.4

3.8
3.9
3.9

3.4
3.3
3.3

3.2
3.3
3.3

3.1
3.0
3.0

5.3

13.3

10.3

14.3

19.7

3.9

23.8

17.6

6.9
4.7
5.7

16.3
13.5
13.8

11.5
11.6
11.9

19.9
14.5
14.5

19.8
19.1
19.1

10.0
4.7
4.7

26.0
25.0
25.0

16.1
16.0
16.0

1.1 - 2
.1 -1.1
.2
-.9

1.2
.3
.3

1.8
.8
.8

1.0
.3
.3

.1
-.5
-.5

1.8
1.5
1.5

1.3
.5
.8

15.8 -17.8
122 -20.1
11.9 -202
11.9 -202

17.9

12.9

37.5

5.2

-4.8

16.5

36.4

13.0

16.3
16.3
16.3

8.7
8.7
8.7

32.8
32.9
32.8

1.5 -9.5
1.6 -9.4
1.6 -9.4

11.9
11.8
11.8

31.7
31.9
31.9

7.6
7.6
7.6

1.3
1.4
1.4

3.8
3.8
3.8

3.7
3.6
3.6

3.5
3.4
3.4

5.0
5.1
5.1

4.6
4.3
4.3

3.2
3.1
3.1

4.8
5.0
5.0

6.5

3.3

8.8

-2.1

5.5

-4.1

19.1

-.5

6.4
5.6
6.0

3.5
2.6
2.7

8.8
8.1
82

-2.4
-2.7
-2.7

3.6
3.3
3.3

-.9
^.4
-3.4

20.4
19.3
19.3

-1.0
-2.5
-2.5

1.2
.8
1.0

1.5
.9
1.0

1.4
.8
.9

1.5
.8

2.8
2.4
2.4

.7

4.1
3.1
3.1

15.4

5.3

16.4
15.3
15.3

8.6
7.8
7.8

7.9

8.2

8.2

3.6

15.3

8.7
7.
7.9

10.3
8.7
8.9

5.6
5.0
5.2

11.6
9.8
9.8

13.3
11.8
11.8

6.0
3.8
3.8

-.1 -1 3
— 5 -i!o
— 5 -1.0

-4.7
-5.3
-5.3

3.8
3.2
3.2

-2.7
-3.1
-3.1

1.7 -1.4

6.8

.6
.8

1.1 -1.7
-2.1
-2.1

1.5

12

3.0

2.3

-.1

-.7
-.6
-.6

-1.4
-.8
-.8

-6.4
-5.9
-5.9

4.
4.0
4.0

0
0

3.1
2.9
3.0

2.6
2.5
2.5

5.0
4.6
4.6

2.6
2.7
2.7

2.5
2.4
2.4

1.0
1.5
1.5

4.0
3.9
3.9

-1.2

-.4

-3.3

4.4

-3.4

-32

1.6

-3.5 - 1 6 2
-2.1 -15.0
-2.1 -15.0

2.0
2.2
22

-$.5
-6.5

-5.2
-4.;
-4.7

-4.9
^3.3
-3.3

7.5
7,
7.

2.3
2.3
2.3

3.3
3.5
3.5

1.5
1*5

4.5
4.5
4.5

-1.3 -13.1

3.7

-7.2

-3.5

-3.5

3.4
3.1
3.2

-3.5
-3.4
-3.5

-4.9
-4.6

4.5
4!
4.4

3.6
3.4
3.5

-2.;
-7.1
-7.1
-7.1

-7.
-6.8
-6.7

4.9
4.7
4.8

4.0
3.8
3.9

2.1
1.8
2.0

-4.6 -21.4
-3.0 -19.6
-2.9 -19.6
2.1
1.8
1.9

8.1
7.6
7.6

-9.8
-10.6
-10.6
3.0
2.9
2.9

3.5
4.0
4.0

-3.6
-2.8
-2.8

-4.9 -14.5
-12.7
-12.7
1.0
1.0

4.2
3.8
3.8

SURVEY OF CURRENT BUSINESS

May 1994

•

29

Table 8.1.—Percent Change From Preceding Period in Selected
Series—Continued

Table 8.2.—Selected Per Capita Product and Income Series in
Current and Constant Dollars and Population of the United States

[Percent]

[Dollars]
Seasonally adjusted at annual rates

1992

1993

1994

1993

1992

III
Nondefense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights...
Benchmark-years weights ....
Price indexes:
Fixed 1987 weights
Chain-type annual weights...
Benchmark-years weignts ....
State and local:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Addenda:
Final sales of domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Gross domestic purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weiahts
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weiahts
Benchmark-years weignts
Final sales to domestic purchasers:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts

1992

1994

1993

I

II

III

IV

I

Current dollars:
9.4

3.8

1.8

3.6

6.2

4.9

-2.8

26.1

6.2
6.2
6.2

.6
.8
.8

-.4
-.1
-.1

-3.2
-3.5
-3.5

5.5
5.5
5.5

2.5
2.9
2.9

-S.5
-5.9
-5.9

18.3
19.1
19.1

3.1
3.1
3.1

2.4
2.7
2.7

1.9
1.9

5.7
6.3
6.3

.8
.8

2.9
2.3
2.3

.6
2.6
2.6

5.5
6.1
6.1

Gross domestic
product
product
Personal income .
Disposable
personal
income
consumption
expenditures ...
Durable goods
Nondurable
goods
Services

23,637

24,696

24,143

24,346

24,538

24,732

25,166

25,457

23,665
20,139

24,697
20,864

24,134
20,767

24,347
20,430

24,536
20,837

24,756
20,930

25,145
21,257

25,446
21,453

17,615

18,225

18,153

17,876

18,196

18,265

18,561

18,699

16,205
1,947

17,006
2,083

16,589
2,013

16,704
2,004

16,907
2,062

17,088
2,095

17,321
2,170

17,534
2,223

5,092
9,166

5,227
9,695

5,190
9,385

5,192
9,508

5,215
9,631

5,229
9,763

5,273
9,878

5,317
9,994

19,518

19,888

19,754

19,744

19,786

19,869

20,150

20,250

4.5

4.6

3.1

3.3

8.3

5.8

4.5

.9

2.2
2.1
2.1

2.1
2.0
2.0

.1
.1

.3
.4
.4

5.6
5.2
5.2

4.5
4.2
4.2

3.3
3.1
3.1

-2.9
-2.5
-2.5

2.5
2.4
2.4

2.6
2.6
2.6

2.9
2.9
2.9

3.0
2.9
2.9

2.9
3.0
3.0

1.8
1.6
1.6

1.5
1.4
1.4

3.5
3.5
3.5

5.2

5.5

9.1

2.9

5.7

4.8

8.5

4.9

product

19,548

19,897

19,755

19,754

19,793

19,898

20,143

20,251

2.3
2.0
2.1

2.8
2.6
2.5

5.8
5.6
5.5

-.8
-1.1
-1.1

3.2
3.0
3.0

3.4
2.7
2.7

6.8
6.1
6.1

2.2
2.0
2.0

personal
income

14,219

14,330

14,490

14,163

14,326

14,341

14,491

14,549

13,081
1,787

13,372
1,897

13,241
1,845

13,234
1,835

13,312
1,878

13,416
1,907

13,523
1,970

13,642
2,014

4,161
7,133

4,213
7,261

4,216
7,179

4,184
7,216

4,200
7,234

4,226
7,283

4,242
7,310

4,276
7,353

3.3
3.1
32

3.1
2.9
3.0

3.2
2.7
2.8

4.3
4.1
4.1

2.8
2.7
2.7

2.1
2.1
2.1

2.3
2.4
2.4

3.2
3.1
3.1

5.7

6.2

9.1

5.0

5.4

4.8

8.1

6.3

2.9
2.5
2.7

3.8
3.3
3.3

5.4
5.1
5.1

2.5
1.7
1.7

3.1
2.7
2.7

3.7
3.0
3.0

6.7
6.0
6.0

4.2
3.9
3.9

3.3
3.1
3.2

2.9
2.8
2.8

2.8
2.7
2.7

3.5
3.4
3.4

2.9
2.8
2.8

1.8
1.7
1.7

2.3
2.4
2.4

2.6
2.6
2.6

6.0

9.0

3.5

6.8

5.2

8.2

5.5

2.5
2.2
2.4

3.7
3.2
3.2

5.5
5.2
52

.8
.3
.3

4.4
4.0
4.0

4.2
3.5
3.5

6.6
5.8
5.8

3.4
3.1
3.1

3.3
3.1
3.2

2.9
2.8
2.8

2.8
2.7
2.7

3.5
3.3
3.3

2.9
2.8
2.8

1.8
1.7
1.7

2.3
2.4
2.4

2.6
2.6
2.6

5.4

5.5

8.5

4.6

4.2

4.8

7.6

5.9

2.5
2.2
2.3

2.9
2.6
2.6

5.0
4.9
4.8

1.0
.6
.6

1.9
1.7
1.7

3.3
2.7
2.7

6.2
5.4
5.4

3.2
2.9
2.9

3.3
3.1
3.2

3.1
2.9
2.9

3.1
2.7
2.8

4.3
4.1
4.1

2.8
2.7
2.7

2.1
2.1
2.1

2.3
2.4
2.4

3.1
3.1
3.1

Command-basis gross national
product:
Quantity index, fixed 1987 weights

2.5

3.1

4.7

1.9

1.9

3.7

6.1

3.7

Disposable personal income:
Current dollars
1987 dollars

6.4
2.9

4.6
1.9

15.1
10.6

-5.1
-7.8

8.5
5.6

2.7
1.6

7.8
5.4

4.0
2.6

NOTE.-Except for disposable personal income, the quantity and price indexes in this table are calculated from
weighted averages of the detailed output and prices used to prepare each aggregate and component The fixedweighted measures use as weights the composition of output in 1987. For the alternative indexes, the chain-type
indexes with annual weights use weights for the preceding and current years, and the indexes with benchmarkyears weights use weights of 1959,1963,1967, 1972, 1977,1982, and 1987 and the most recent year.




1993

IV

5.4

Gross national product
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights

1992

IV

Constant (1987)
dollars:
Gross domestic
product

consumption
expenditures ...
Durable goods
Nondurable
goods
Services
Population (midperiod,
thousands)

255,472 258,254 256,569 257,197 257,872 258,612 259,334 259,951

SURVEY OF CURRENT BUSINESS

30 • May 1994

Table 8.3.—Auto Output

Table 8.4.—Auto Output in Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]
Seasonally adjusted at annual rates

1992

1993

1992

III
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

142.5

136.4

142.8 145.9 134.6 146.7

137.6
134.3
91.3
43.0
39.1
67.0
-28.0
-37.7
14.5
52.2
1.9

137.2
130.9
90.3
40.6
37.1
62.7
-25.6
-32.6
15.9
48.4
1.8

131.4
127.7
86.8
40.9
36.9
61.8
-24.9
-35.3
14.5
49.8
2.1

140.8
133.6
90.3
43.3
42.2
72.6
-30.4
-37.0
14.9
51.8
2.0

137.0
135.4
90.2
45.2
38.9
67.4
-28.5
-39.3
13.2
52.5
2.0

141.2
140.7
98.1
42.6
38.2
66.4
-28.2
-39.2
15.4
54.7
1.5

160.7
151.6
100.9
50.7
41.4
73.4
-32.0
-34.3
16.8
51.0
2.0

-.7
-.1

11.4
12.0
-.7

5.0
1.6
3.5

-2.4
-3.4
1.0

5.5
3.5
2.0

4.0
6.0
-2.0

New

Used

104.1 110.7 108.0 114.6 111.9
60.1 64.1 60.5 59.6 65.5

1992

1994

1993
III

133.5
126.7
87.3
39.5
37.6
62.2
-24.6
-32.8
14.3
47.0
2.0

4.9
3.4
1.4

1993

IV

133.2

Change in business inventories of
new and used autos

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2 ..

Seasonally adjusted at annual rates
1992

1994

1993

164.7

99.3 117.2 131.7
61.8 65.0

IV

117.4 121.1 120.1 122.5 123.4 113.5 125.0 136.4

Auto output
Final sales
Personal consumption expenditures .
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases
Change in business inventories of
new and used autos
New
Used
Addenda:
Domestic output of new autos *
Sales of imported new autos 2

117.8
113.9
77.9
36.0
32.8
55.5
-22.7
-30.5
12.7
43.3
1.7

117.7
115.5
79.5
36.0
34.7
58.4
-23.7
-34.1
12.7
46.9
1.6

119.6
115.8
79.9
35.9
32.7
55.5
-22.8
-30.4
14.1
44.5
1.5

114.0
112.2
76.5
35.7
32.6
54.5
-21.9
-32.6
12.8
45.5
1.8

121.2
115.5
78.9
36.6
37.5
63.5
-26.0
-33.5
13.1
46.6
1.7

116.3
115.4
78.2
37.2
34.6
58.5
-23.9
-35.4
11.6
47.0
1.7

119.2
118.8
84.4
34.4
34.0
57.1
-23.2
-34.9
13.6
48.4
1.2

135.6
127.8
86.3
41.6
36.1
62.8
-26.7
-29.9
14.6
44.5
1.6

-.4
.1
-.6

3.4
2.2
1.2

.5
.6
-.1

8.5
9.1
-.6

2.2
-.7
3.0

-2.9
-3.7
.8

5.8
4.2
1.6

.8
2.4
-1.6

92.8
53.6

96.3
55.8

96.8
53.6

99.9
52.5

96.5
57.3

60.4

102.9 110.7
53.2 55.6

1. Consists of final sales and change in business inventories of new autos assembled in the United States.
2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases.

1. Consists of final sales and change in business inventories of new autos assembled in the United States.
2. Consists of personal consumption expenditures, producers' durable equipment, and government purchases.

Table 8.5.—Truck Output

Table 8.6.—Truck Output in Constant Dollars

[Billions of dollars]

[Billions of 1987 dollars]

Truck output1
Final sales
Personal consumption expenditures ..
Producers' durable equipment
Net exports
Exports
Imports
Government purchases
Change in business inventories
1. Includes new trucks only.




83.3 101.3

93.7

82.2 101.8
43.3 52.3
37.1 49.2
-5.1 -5.4
5.8
5.6
10.7 11.2
6.9
5.6

92.0
47.8
41.1
-4.6
6.0
10.7
7.7

1.2

-.5

1.7

100.0

97.0

92.4 102.0
52.0
49.7
48.2
45.3
-6.4
-6.7
5.7
5.2
11.9 12.1
8.2
4.1
7.7

-5.0

98.0

110.3 127.0

99.9 113.1 122.7
50.0 57.7 59.4
48.6 54.8 62.7
-4.8 -3.6 -4.1
5.4
6.9
6.6
10.2 10.5 10.7
4.2
4.7
6.0
-1.9

-2.8

4.2

Truck output l
Final sales
Personal consumption expenditures ..
Producers' durable equipment
Net exports
Exports
Imports
Government purchases
Change in business inventories
1. Includes new trucks only.

71.4

83.5

79.5

83.7

80.2

79.9

90.1 102.3

70.4
37.1
31.8
-4.4
4.8
9.1
5.9

83.8
43.3
40.4
-4.5
4.8
9.2
4.6

78.1
40.7
34.8
-3.9
5.1
9.1
6.6

77.3
42.0
37.6
-5.7
4.4
10.1
3.4

84.2
43.3
39.6
-5.4
4.6
10.0
6.7

81.4
40.9
39.5
-4.0
4.4
8.4
4.9

92.3
46.9
44.8
-2.9
5.7
8.6
3.5

98.9
48.0
50.4
-3.3
5.3
8.6
3.7

1.0

-.4

1.4

6.3

-4.1

-1.5

-2.3

3.4

SURVEY OF CURRENT BUSINESS

NIPA

May 1994

Charts

REAL GDP AND ITS COMPONENTS: TRENDS AND CYCLES
Nov.
P

Mar.
T

Jan. July July
P T
P

Nov.
T

July Mar.
P T

Billion 1987 $; seaimily adjusted ann

1966 67

70 71 72 73 74 75 76 77 78 79




81

82 83 84 85 86 87

89

90 91 92 93 1994

•

31

SURVEY OF CURRENT BUSINESS

32 • May 1994

SELECTED SERIES: RECENT QUARTERS
Percent change
10

Percent change
10

REAL GROSS DOMESTIC PRODUCT'

GROSS DOMESTIC PURCHASES PRICE INDEX

...llll.l
1991

1992

1993

1994

Percent change
10

1991

1992

1993

1994

Billion $
600

REAL GROSS DOMESTIC PURCHASES'

CORPORATE PROFITS WITH IVA AND CCAdJ

500

400

300

200

1991

1992

Percent change
10

1993

1994

1991

1992

1993

1994

110.6

REAL DISPOSABLE
PERSONAL INCOME'

1.1 Illlllll

-10
1991

1992

1993

1994

1991

1. Percent change at annual ratefrompreceding quarter; based on seasonally adjusted estimates.
2. Seasonally adjusted annual rate; IVA Is Inventory valuation adjustment, and CCAdj Is capital consumption adjustment.
3. Personal saving as percentage of disposable personal Income; based on seasonally adjusted estimates.
U.S. Department of Commerce, Bureau of Economic Analysis




1992

1993

1994

SURVEY OF CURRENT BUSINESS

May 1994

Reconciliation and Other Special Tables
Table 1.—Reconciliation of Changes in BEA-Derived Compensation Per Hour with BLS Average Hourly Earnings
[Percent change from preceding period]
Seasonally adjusted at annual
rates
1991

1992

1993

BEA-derived compensation per hour of all persons in the nonfarm business sector (less housing)
Less: Contribution of supplements to wages and salaries per hour
Plus: Contribution of wages and salaries per hour of persons in housing and in nonprofit institutions
Less: Contribution of wages and salaries per hour of persons in government enterprises, unpaid family
workers, and self-employed .

5.1

5.1

.5

.4

0

.1

3.6

.3

0

1994

1993

II

III

1.7
1.2
-.1

IV

\P

3.7

2.8

.6

.5

.6

.1

-.1

0

5.5

0

0

0

-.2

-.1

.4

Equals: BEA-derived wages and salaries p%r hour of all employees in the private nonfarm sector........

4.3

4.8

3.3

.4

3.2

2.6

4.4

Less: Contribution of wages and salaries per hour of reproduction workers in manufacturing

-.1

.1

-.1

-.1

-.2

-2

-.4

1.6

2.3

1.1

-1.4

1.7

-.5

1.3

Equals: BLS average hourly earnings of production or nonsupervlsory workers on private nonfarm
payrolls

2.8

2.4

2.4

1.9

1.7

3.2

3.5

Addendum:
BLS estimates of compensation per hour in the nonfarm business sector2

5.0

5.1

3.6

1.9

3.7

2.9

5.6

Less: Other differences

r

l

Revised.
p Preliminary.
1. Includes BEA use of non-BLS data and differences in detailed weighing. Annual estimates
also include differences in BEA and BLS benchmarking procedures; quarterly estimates also inelude differences in seasonal adjustment procedures.




.2

2. These estimates differ from the BEA-derived estimates (first line) because the BLS estimates
include compensation and hours of tenant-occupied housing. BEA estimates for the first quarter
of 1994 also include statistical revisions not yet incorporated in the BLS estimates.
NoTE.-The table incorporates revised BLS estimates released in May 1994.
BLS Bureau of Labor Statistics

•

33

SURVEY OF CURRENT BUSINESS

34

May 1994

Selected Monthly Estimates
Table 1.—Personal Income
1994

1993
1992

Personal income.
Wage and salary disbursments
Private industries
Commodity-producing industries .
Manufacturing
Distributive industries
Service idustries
Government
Other labor income ....
Proprietors' income with IVA and CCAdj .
Farm
Nonfarm.,
Rental income of persons with CCAdj ....
Personal dividend income.
Personal interest income ..
Transfer payments to persons
Old-age, survivors, disability, and health insurance benefits
Government unempioyument insurance benefits
Other
Less: Personal contributions for social insurance
Addenda:
Total nonfarm income
Total farm incomel

5,144.9
2,973.1
2,405.6
756.5
577.6
682.0
967.0
567.5

1993

-8.9
140.4
694.3

5,388.3
3,080.5
2,490.8
763.6
577.3
706.6
1,020.6
589.7
350.7
443.2
46.0
397.3
12.6
158.3
695.2

858.4
413.9
39.2
405.2

912.1
438.4
34.1
439.6

249.3
5,080.1
64.8

322.7
414.3
43.7
370.6

Mar.

Apr.

May

June

5,289.2

5,366.6
3,068.3
2,483.8
765.2
582.1
704.9
1,013.6
584.5
343.9
449.4
59.7
389.7

5,380.4

5,373.6
3,086.0
2,497.9
763.3
578.4
7092
1,025.4
588.1
349.3
430.8
36.0
394.8

2,975.8
2,392.9
740.8
559.6
683.0
969.0
583.0
341.2
4702
82.0
3882
8.1
1572
6952

3,093.8
2,507.3
766.7
580.3
713.1
1,027.5
586.4
346.6
437.9
45.2
392.7

July
5,365.1
3,101.6
2,511.3
766.8
579.5
713.2
1.031.3
590.3
352.0
403.8
10.6
393.1
7.1
158.6

Sep.

Oct

Nov.

Dec.

Jan.'

Feb.'

5,432.3

5,440.6
3,120.4
2,524.9
772.1
583.7
712.8
1,040.0
595.5
357.4

5,478.7

5,511.2

5,548.1

5,500.7

5,630.7

3,137.7
2,543.3
774.6
584.0
719.0
1,049.7
594.4

3,147.1
2,552.0
779.4
587.5
718.4
1,054.1
595.1

3,164.0
2,5672
783.9
591.8
722.9
1,060.4
596.8

3,192.3
2,590.6
785.6
592.1
731.4
1,073.6
601.7

5,599.0
3.199.4
2,596.1
790.5
597.1
731.5
1,074.0
603.3
371.9
476.9
59.9
417.0

482.6
61.0
421.6
28.2

3,124.3
2,531.8
769.4
5812
717.3
1,045.1
592.6
354.7
430.5
31.1

4332
32.7
400.4

360.1
449.8
43.9
406.0

16.1
159.0
695.7

17.9
159.3
697.8

16.8
159.4
697.3

362.9
470.4
60.0
410.4
16.4
159.4
696.7

921.8
441.0
34.7
446.2

925.9
444.1
32.0
449.8

927.5
444.3
31.8
451.4

267.0

268.3

269.1

365.8
480.8
65.3
415.4
15.9
159.5
696.2
9362
450.0
32.9
4532
2702

5,385.4
55.3

5,412.1
66.6

5,428.4
82.8

5,459.9
88.3

14.3
157.5
694.1

12.0
157.8

898.3
432.5
36.0
429.7

901.7
434.7
34.0
433.0

904.5
435.1
32.8
436.7

11.9
1582
692.0
9102
435.3
36.4
438.4

264.3

256.9

263.5

265.3

264.9

265.9

919.4
438.4
362
444.7
267.4

5,320.0
68.3

5,185.1
104.0

5283.7
81.9

5,312.8
67.6

5,315.0
58.6

5,3322
33.0

5,378.7
53.6

p Preliminary.
'Revised.
1. Equals farm proprietors' income, farm wages, farm other labor income, and agricultural net interest.

914.3
438.9
34.3
441.1

Apr.*

Aug.

464.2
52.9
411.3
^42
159.7
697.9
940.6
455.0
28.6
456.9
278.5

23.6
160.4
700.1
945.7
458.4
27.1
4602
279.1

3213.9
2,610.0
792.8
597.6
7372
1,080.0
603.9
375.1

5,655.8
3225.7
2,620.5
794.7
596.3
738.7
1.087.1
6052
378.4

280.1

485.5
61.8
423.7
26.4
164.4
705.0
951.5
462.6
23.4
465.5
281.0

162.0
702.5
946.5
460.0
25.1
461.4

5,424.7
76.0

5,515.8

5.546.3
84.4

5.570.5
85.3

Source: U.S. Department of Commerce, Bureau of Economic Analysis.
CCAdj Capital consumption adjustment
IVA Inventory valuation adjustment

Table 2.—The Disposition of Personal Income
1993
1992

1993
Mar.

Apr.

May

June

July

Aug.

Sep.

Oct

Nov.

Dec.

Jan.'

Feb.'

Mar.'

Apr."
5,665.8

5,144.9

5,388.3

5,28«.2

5,366.6

5,380.4

5,373.6

5,365.1

5,432.3

5,440.6

5,478.7

5,511.2

5,548.1

5,500.7

5,599.0

5,630.7

Less. Personal tax and nontax payments

644.8

681.6

659.0

677.8

683.1

682.0

685.5

690.7

690.9

694.8

698.7

704.1

712.9

715.6

719.1

754.3

Equal* Disposable personal income ..

4,500.2

4,706.7

4,630.1

4,687.8

4,697.3

4,691.6

4,679.6

4,741.6

4,749.7

4,783.9

4,812.5

4,844.0

4,787.8

4,911.6

4,901.5

Personal income

LASS1. Personal outlays
Personal consumption expenditures ....
Durable goods
Nondurable goods
Services.....!_!..
Interest paid by persons
Personaltransfer payments to rest of world
Equals: Personal savings..

4261.5

4,516.8

4,409.8

4,459.4

4.481.9

4,509.4

4.527.6

4.544.0

4,560.4

4,604.7

4,618.7

4,636.9

4,634.5

4,699.1

4,733.9

4,727.6

4,139.9
497.3
1.300.9
2,341.6

4,391.8
537.9
1,350.0
2,503.9

4286.1
506.7
1,3272
2,4522

4,335.8
526.6
1,342.3
2,466.9

4,358.7
532.7
1,344.1
2.481.8

4,385.3
535.6
1,348.1
2,501.6

4,403.3
540.0
1.349.6
2,513.7

4,419.2
544.1
1,350.5
2,524.6

4,434.8
541.6
1,357.1
2,536.1

4,477.9
559.4
1,366.3
2,552.1

4,490.8
562.1
1.366.0
2,562.7

4,507.4
566.8
1,370.0
2,570.5

4,503.7
567.8
1,359.7
2,576.1

4,568.1
577.3
1,387.7
2,6032

4,602.1
588.8
1,398.9
2,614.4

4,595.3
581.1
1,395.1
2,619.1

111.1
10.4

114.0
11.0

112.7
11.0

112.7
11.0

1122
11.0

113.1
11.0

113.5
10.8

114.0
10.8

114.8
10.8

115.6
11.2

116.6
112

118.3
112

1192
11.6

119.4
11.6

120.3
11.6

120.7
11.6

238.7

189.9

220.4

22*4

215.4

182.3

152.0

197.7

189.3

1792

193.9

207.2

153.4

1842

177.7

173.8

Disposable personal income:
Total, billions of 1987 dollars1
Per capita:
Current dollars
1987 dollars
Population (thousands) .

3,632.5

3,700.9

3,660.4

3,6942

3.697.7

3,6912

3,678.5

3,721.3

3,726.3

3,7402

3,755.5

3,778.1

3,740.7

3,7972

3,808.3

3,790.6

17,615
14219
255,472

18225
14,330
258254

17,988
14220
257,403

18.196
14.339
257,631

18216
14,339
257,870

18,176
14,301
258,115

18.113
14238
258.356

18.335
14,389
258,612

18,348
14,395
258,869

18,463
14,435
259,106

18,557
14,481
259,336

18,663
14,556
259,556

18,432
14,401
259,757

18,786
14,607
259,949

18,880
14,639
260,146

18,826
14,559
260,356

Personal consumption expenditures:
Total, billions of 1987 dollars
Durable goods
Nondurable goods
Services
v, 1987-100 ...

3,341.8
456.6
1,062.9
1,822.3
123.9

3,4532
490.0
1,088.1
1,8752
1272

3,388.4
464.4
1,067.4
1,856.6
126.5

3,416.7
479.5
1,079.0
1.858.3
126.9

3,4312
485.2
1,081.7
1,864.3
127.0

3,4502
487.9

3.4612
491.8

1.873.6
127.1

1,879.6
1272

3,468.2
494.9
1,090.0
1,883.3
127.4

3,4792
492.5
1,099.1
1,887.7
127.5

3,500.9
506.6
1,100.4
1,894.0
127.9

3,504.4
509.9
1,098.3
1,896.1
128.1

3,515.5
516.3
1,101.8
1,897.3
1282

3,518.7
515.9
1,094.0
1,908.8
126.0

3,552.1
522.9
1,116.5
1,912.7
128.6

3.568.3
531.5
1,123.9
1,912.9
129.0

3,553.8
524.6
1,1202
1,909.0
129.3

5.3

4.0

4.4

4.7

4.4

3.9

3.8

3.8

4.0

3.9

4.0

3.8

3.8

3.5

3.6

0.6

0.7

-0.9

1.8

0.6

Personal saving as percentage of disposable personal
income2

Percent change from preceding period
Personal lncome,current dollars

6.1

4.7

0.8

1.4

0.3

Disposable personal income:
torrent dollars
1987 dollars.
Personal consumption expenditures:
Current dollars.
1987 dollars.

-.1
-2
-.6
-.8

p Preliminary.
' Revised.
1. Disposable personal income in 1987 dollars equals the current-dollar figure divided by the implicit price deflator
for personal consumption expenditures.




-0.1

-O.2

1.3

0.2

0.7

-12
-1.0

0.4

-.5
-.1
-.4

2. Monthly estimates equal the centered 3-month moving average of personal saving as a percentage of the
centered 3-month moving average of disposable personal income.
Source: U.S. Department of Commerce, Bureau of Economic Analysis,

SURVEY OF CURRENT BUSINESS

May 1994 •

35

Table 3.—U.S. International Transactions in Goods and Services
[Millions of dollars; monthly estimates seasonally adjusted]
1994

1993
1992

1993
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.'

Mar."

619,848

643,563

54,090

53,568

53,746

52,563

52,399

52,731

53,660

54,967

54,736

57,250

54,295

53,238

58,330

Goods
Foods, feeds, and beverages
Industrial supplies and materials
Capital goods, except automotive
Automotive vehicles, engines, and parts
Consumer goods (nonfood), except automotive
Other goods
Adjustments1

440,138
40,209
109,307
176,709
47,080
50,382
24,476
-8,026

456,771
40,391
111,953
183,037
51,691
53,413
24,288
-8,002

38,382
3,468
9,238
15,579
4,307
4,351
1,951
-513

37,841
3,411
9,109
15,226
4,424
4,242
2,067
-638

38,249
3,310
9,676
15,278
4,298
4,501
1,866
-681

36,977

36,577
3,223
9,327
14,336
3,792
4,442
1.989
-532

37,224
3,053
8,967
15,296
4,170
4,491
2,073
-826

38,134
3,432
9,581
14,999
4,125
4,597
2,151
-751

39,371
3,499
9,893
15,579
4,521
4,559
2,041
-721

39,451
3,472
9,681
15,565
4,740
4,791
1,987
-785

41,469

37,406

3,666
9,792
17,186
4,635
4,666
2,288
-765

38,528
3,314
8,977
16,097
4,425
4,515
1,979
-778

42,169
3,432
10,639
17,306
4,709
4,845
2,038
-800

Services
,
Travel
Passenger fares
,
Other transportation
Royalties and license fees
Other private services
Transfers under U.S. military agency sales contracts
U.S. Government miscellaneous services

179,710
53,861
17,353
22,773
20,238
53,601
11,015

186,792
56,501
17,849
23,508
20,414
56,434
11,259
827

15,708
4,668
1,491
2,026
1,646
4,774
1,039

15,727
4,796
1,522
2,000
1,725
4,588
1,002
94

15,497
4,690
1,491
1,942
1,746
4,543

15,586
4,700
1,517
1,951
1,752

15,822
4,911
1,542
1,916
1,732
4,683
971

15,507
4,705
1,475
1,893
1,725
4,703
947

15,526
4,669

15,586
4,726

1,459
1,951
1,718
4,761
912

1,476
2,052

15,284
4,531
1,416
1,938
1,705
4,829
802

15,781
4,874
1,507
2,009
1,705
4,836
787

15,767
4,898
1,539
2.005
1,719
4,703
838

15,833
4,817
1,503
1,985
1,721
4,902

56

63

659,575

720,324

61,038

60,252

58,647

60,886

59,290

59,775

61,843

63,417

62,190

61,398

60,938

62,392

65,790

Goods
Foods, feeds, and beverages
Industrial supplies and materials
Capital ooods, except automotive
Automotive vehicles, engines, and parts
Consumer goods (nonfood), except automotive
Other goods
Adjustments1

536,276
27,857
138,273
134,193
91,779
122,973
17,590
3,611

589,210
28,050
145,021
152,788
102,447
133,852
18,354

50,168
2,389
12,643
12,379
8,850
11,489
1,598
821

49,331
2,240
12,643
12,426
8,777
11,094
1,481
671

48,059
2,304
12,265
12,302
8,159
10,671

50,076

46,334
2,316
12,096
12,822
7,769
11,001

48,871
2,331
11,734
12,456
8,523
11,680
1,373
774

50,702

52,015
2,563
12,493
13,653
8,995
11,740
1,547
1,025

50802

50,217
2,343
11,561
13,966
8,912
11,080
1,740
616

49,877
2,457
11,566
14,181

50,922
2,356
12,001
13,951
8,821
11,440
1,565
789

54,208
2,561
12,863
14,498

Services
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Direct defense expenditures2
U.S. Government miscellaneous services

123,299
39,672
10,943
23,454
4,986
27,988
13,766
2,290

131,114
42,329
11,256
24,511
4,748
33,595
12,286
2.388

10,869

10,588
3,366
894
2,003
401
2,674
1,060
190

10,811
3,376
905

10,904
3,457
918
2,020
411
2,901
983
213

11,141
3,634

11,402
3,715
1,008
2,133
409
2,954
984
199

11,388
3,698
1,004
2,085

11,181
3,613
951

11,061
3,555
948
1,987
414

11,470
3,622

11,582
3,707
1,028
2.162
421
3.118

1,058
198

10,921
3,521
944
2,088
393
2,718
1,067
191

-96,138 -132,439
56,411
55,678
-39,727 -76,761

-11,787
4,839

-11,491
4,806

-13,098
4,775
-8,323

-12,568
4,385
-8,183

-12,643
4,184

-11,351

-6,684

-9,810
4,909
-4,901

-11,757 -11,647
4,866
4,603

-6,948

Exports of goods and services

Imports of goods and services

3,494
933
2,149
369
2,668

1,605
753

3,151
8,833
15,255
4,115
4,291
1,994
-662

4,606
963
97

2,341
12,753
13,094
8,589
11,307
1,614
378

2,093
407
2,791
1,050
190

' «
10,956
3,503
911
2,080
410
2,843
1,000
210

2,437
12,193
13,004
8,742
11,612
1,518
1,196

960
2,044
412
2,905

975
212

1,709
4,728
832

3,187
8,695
15,280
4,515
4,447
2,020
-738

16,162

4.942
1,535
2,123
1,725
4,937
829
71

66

2,348
12,283
13,283
8,811
11,504
1,687
887

409
3,013
983

196

2,036
409
2,995
983
194

8,466
11,266
1.538
403

2,989
972
196

9,620
11,664
1,884
1,119

1,000
1,984

683
3,025
961

952

195

194

-11,349
4,706

-13,517

-6,643

-9,153

-12.040
4.580
-7,460

Mornorsnu!
DQIdOCO Ofl QOOOS ••••••**•••••*••••*••••••••••••••••*»»•••••••*•••tail••*••••

Balance on services
Balance on goods and services

p Preliminary.
' Revised.
1. Reflects adjustments necessary to bring the Census Bureau's component data in line with the concepts and




-6.891

-7,044

-8,460

3,896
-7,455

-8,748
4,600
-4,148

4,363

definitions used to prepare BEA's international and national accounts.
2. Contains goods that cannot be separately identified.
Source: U.S. Department of Commerce, Bureau of Economic Analysis and Bureau of the Census

Apr.

SURVEY OF CURRENT BUSINESS

May 1994

Pollution Abatement and Control
Expenditures, 1972-92
• Estimates for 1992
• Revised Estimates for 1972-91
By Gary L Rutledge and Christine R. Vogan
(j\

EAL SPENDING for pollution abatement and

x ^control (PAC) increased 5.1 percent in 1992,
in contrast to a 0.7-percent decrease in 1991
(table 1). Prices of PAC goods and services, as
measured by the PAC fixed-weighted price index,
increased 2.0 percent after increasing 2.6 percent
in 1991.
Over nine-tenths of all PAC spending is for
pollution abatement (PA); the rest comprises
two components—regulation and monitoring expenditures and research and development expenditures. Real PA expenditures increased 5.4
percent in 1992 after a 0.9-percent decrease in
1991. Real spending for regulation and monitoring decreased 2.1 percent, following a 1.1-percent
increase. Real spending for research and development decreased 2.6 percent after an 8.5-percent
increase.1
1. The expenditures discussed in this article are for goods and services
that U.S. residents use to produce cleaner air and water and to manage solid

In addition to the estimates for 1992, this
article presents revised estimates of PAC expenditures for 1972-91. The revised estimates do
waste and are classified by function (for example, research and development),
sector (for example, business), and type (for example, air), PA, which is
the principal function, directly reduces pollutant emissions by preventing the
generation of pollutants, by recycling the pollutants, or by treating the pollutants prior to discharge; regulation and monitoring is a government activity
that stimulates and guides action to reduce pollutant emissions; research and
development by business and government not only supports abatement but
also helps increase the efficiency of regulation and monitoring.
The estimates of PAC spending cover most, but not all, PAC activities,
which are defined as those resulting from rules, policies and conventions, and
formal regulations restricting the release of pollutants into common-property
media, primarily air and water. The estimates exclude (1) PAC activities that
do not use productive resources (for example, plant closings due to PAC, delays
in plant construction, curtailments in the use of chemicals in manufacturing
and agriculture, and discontinuation of selected product lines) and (2) PAC
activities that do use productive resources but that are nonmarket activities
(for example, volunteer litter removal).
For the purpose of concise presentation, solid waste management—which
includes the collection and disposal of solid waste and the alteration of production processes to generate less solid waste—is categorized as solid waste
PAC in the tables in this article. These estimates mainly cover spending for
collection and disposal by means acceptable to Federal, State, and local authorities; in the text, they are referred to as "solid waste disposal" spending.

Table 1.—Constant-Dollar Spending for Pollution Abatement and Control: Summary for Recent Years
Percent change from preceding year

Millions of constant (1987) dollars
Change from preceding year

Level
1987
Pollution abatement and control
Pollution abatement

1988

77,649 81,46$
74,349

78,030

Personal consumption
,
Motor vehicle emission abatement devices ,
Operation of these devices

11,075

12,067
10,039
2,028

Business
On capital account
Motor vehicle emission abatement
Plant and equipment
On current account
Motor vehicle emission abatement
Plant and equipment
Public sewer systems l
Cost recovered
Other

45,432
14,354
4,926
7,312
2,116
31,078
1,613
19,861
7,792
-1,473
3,285

Government
Public sewer system fixed capital 2 .
Other
..
.Z..

17,842
10,035
7,807

Other

Z..7.

2,276

Regulation and monitoring

1,519

Research and development

1,781

47,805
14,854
5,791
7,285
1,778
32,951
1,437
21,321
-1,778
3,702
18,158
9,629
8,529
1,643
1,792

1989

1990

1991

81,664
78,128
10,438
9,467
971
48,782
14,795
5,226
7,866
1,703
33,987
737
22,251
8,803
-1,609
3,805
18,908
9,412
9,496
1,657
1,879

83,901
80,706
8,657
8,460
197
51,881
16,622
5,276
9,742
1,604
35,259
218
23,282
9,430
-1,697
4,026
20,169
9,822
10,347
1,636
1,560

83,348
80,002
6,755
6,755
0
52,658
17,260
5,268
10,708
1,284
35,398
0
22,350
10,251
-1,404
4,201
20,589
9,340
11,249
1,654
1,692

f Preliminary.
ness s i d i n g to ^ ^ PUW|C **"* ****"** * dassifled in the natiOnal inCOme " * pfOduCt a0COuntS " busi"
2. Consfsts'of government enterprise purchases of fixed capital (primarily for the construction of public sewer




1992"

1988

1989

1990

1991

87,594 3,816
199 2,237 -553
84,328 3,681
98 2,578 -704
992 -1,629 -1,781 -1,902
7,019
7,019 1,240
-248 -572 -1,007 -1,705
0 2,373 -1,057 -774 -197
55,994
977 3,099
777
500
18,233
-59 1,827
638
865 -565
5,244 -27
50
-8
11,572 -338
581 1,876
966
1,417
-75
-99 -320
37,760 1,873
1,272
139
-176 1,036
0 1,460
-700 -519 -218
23,710
930 1,031 -932
477
10,934
534
627
821
-1,531 -405
169
-88
293
417
4,647
103
221
175
316
21,315
750 1,261
420
9,305
410
12,010 -406 -217
851 -482
722
967
902
1,619
-21
124
14 -319
18
1,648
11
87
132

1988

1990

1991

4,246
4.9 0.2
4,326
5.0
264
9.0 -13.5
-5.7
264
14.1 -52.1
0 -10.9
2.0
3,336
5.2 -.4
973
3.5 -9.8
-24
17.6 8.0
864
-.4
133 -16.0 -42
2,362
6.0 3.1
0 -10.9 -48.7
1,360
7.4 4.4
6.5
683
6.1 -9.5
-127
20.7 2.8
446
12.7
726
1.8 4.1
-2.3
-45
-4.0 11.3
761
9.2
-35
.9
8.2 4.9
.6

2.7
3.3
-17.1
-10.6
-79.7
6.4
12.3
1.0
23.9
-5.8
3.7
-70.4
4.6
7.1
5.5
5.8
6.7
4.4
9.0
-1.3
-17.0

-0.7
-.9
-22.0
-20.2

5.1
5.4
3.9
3.9

1.5
3.8
-2
9.9
-19.9
.4
_

6.3
5.6
-.5
8.1
10.4
6.7

8.7
-17.3
4.3
2.1
-4.9
8.7
1.1
8.5

6.7
9.0
10.6
3.5
-.4
6.8
-2.1
-2.6

1992"

1992"

£1

systems), which is classified in the national income and product accounts as government spending,
NoTE.-The entries in this table are key components from tables 7 and 8; the "other entries are consolidations
of detal1 from th088
******'

May 1994

SURVEY OF CURRENT BUSINESS
not substantially alter the overall picture of PAC
spending throughout the economy (chart 3).
The revised current-dollar estimates primarily
incorporate revisions in estimates of nonmanufacturing spending for solid waste disposal, of
residential business spending to install septic systems and laterals (that is, connectors to public
sewer systems) for water PA, of manufacturing
spending to operate air PA plant and equipment,
and of private spending for research and development for air PA. The revised constant-dollar
estimates reflect the current-dollar revisions and,
to a lesser extent, improvements in price indexes,
especially those affecting septic systems cleaning
for water PA and the operation of electric utility
air and water PA facilities.
The first section of this article examines real
PAC spending and PAC prices in 1992. The second section describes trends in the estimates of
PAC expenditures. The third section discusses the
sources and the size of the revisions for 197291, and the fourth discusses the sources used in
preparing the estimates.
Recent estimates
Real PAC spending in 1992.—Real PAC spending
increased $4.2 billion, or 5.1 percent, to $87.6 billion in 1992 after a 0.7-percent decrease in 1991
(table 1, with detail in table 7).
All major types of PAC—air, water, and solid
waste—contributed to the growth in real spending. The largest increase was for solid waste
disposal, which rose 9.4 percent to $29.2 billion in
1992 after increasing 4.9 percent in 1991. The 1992
increase was attributable to growth in business
spending to operate PA plant and equipment, primarily within nonmanufacturing establishments,
and in State and local government spending for
solid waste disposal. Air PAC rose 3.9 percent in
1992, following a 6.2-percent decrease. The increase reflected growth in business spending for
PA plant and equipment, primarily by electric
utilities. Water PAC increased 3.0 percent, following a decrease of 1.3 percent. The increase was
mainly in business spending to operate PA plant
and equipment, primarily within manufacturing
establishments, and in government spending to
construct public sewer systems. (See table 8 for
detail on business and government spending for
air and water PA.)
Within PA spending, all sectors—personal,
business, and government—increased in 1992.
Personal consumption increased for the first time
since 1988, up 3.9 percent, or $0.3 billion, after
a decrease of 22.0 percent in 1991. Purchases of




motor vehicle emission abatement devices (for
example, catalytic converters) increased in 1992,
reflecting higher unit sales of vehicles.
Business PA expenditures increased 6.3 percent, or $3.3 billion. Spending for PA capital—
that is, capital-account expenditures—increased
5.6 percent, reflecting purchases of PA plant
and equipment. Spending for operation of PA
capital—that is, current-account expenditures—
increased 6.7 percent, largely reflecting operation
of PA plant and equipment within manufacturing and nonmanufacturing establishments and of
public sewer systems.2
Government PA expenditures increased 3.5 percent, or $0.7 billion. The increase was mainly
for State and local government spending for solid
waste disposal.
PAC prices in 1992.—The fixed-weighted price index for total PAC spending increased 2.0 percent
in 1992, following a 2.6-percent increase in 1991
(table 2). Prices for air and water PAC increased
less in 1992 than in 1991, and prices for solid waste
disposal increased about the same in both years.
Real PAC spending in 1993.—According to the
information available by May 1994, real PAC
spending is expected to have increased in 1993
at the same rate as in 1992. The increase reflects growth in business spending to purchase
and operate PA plant and equipment, business
spending to operate public sewer systems, and
2. Operation of PA capital refers to operation, maintenance, and minor
repairs of PA capital.

Table 2.—Percent Change in Spending and Prices for
Pollution Abatement and Control
1972-92
average
annual
growth
rate
Total:
Current dollars
1987 dollars
Fixed-weighted price
index
Air.
Current dollars
1987 dollars
Fixed-weighted price
index
Water.
Current dollars
1987 dollars
Fixed-weighted price
irviov

Solid waste:
Current dollars
1987 dollars
Fixed-weighted price
index
. ..
Preliminary.

(Change from preceding year

1988

1989

1990

1991

1992"

9.5
3.3

7.9
4.9

4.3
2

6.3
2.7

2.1
-.7

7.5
5.1

5.8

2.9

4.0

3.7

2.6

2.0

7.7
1.6

7.7
5.4

5.4

2.3

3.6

3.7

2.4

1.4

8.8
2.8

2.1
-.6

7.0
Z2

10.3
7.5

.4
-1.3

4.5
3.0

5.8

2.7

3.7

2.5

2.1

1.5

15.0
9.4

12.7
6.8

8.4
4.9

135
9.4

5.1

5.6

3.4

3.5

12.9
6.2
6.3

18.6
13.8
A2

-6.7
-9.6

-4.5
-5.6

-3.7
S2

5.7
3.9

• 37

SURVEY OF CURRENT BUSINESS

May 1994

Real spending by sector.—During 1972-92, real
PAC spending increased $41.6 billion. Business
spending accounted for $25.3 billion of the increase, government spending for $12.7 billion, and
personal consumption spending for $3.6 billion
(chart 1).
Within business PAC spending, most of the
dollar increase was in current-account spending,
which declined only during 1980-82. Currentaccount spending increased at an average annual
rate of 4.3 percent during 1972-80 and 3.8 percent during 1980-92 (table 3). Capital-account
spending increased at an average annual rate of
1.2 percent during 1972-80 and 1.4 percent during 1980-92; significant declines during 1980-83
were followed by a limited recovery that gained
momentum after 1989. The declines for business
PAC in the early i98o's were due to relatively weak
general business conditions, PAC spending may

State and local government spending for solid
waste disposal.
Trends in real PAC spending, 1972-92
Total PAC spending increased at a 3.3-percent average annual rate during 1972-92; it increased
faster (4.5 percent) during 1972-80 and slower
(2.4 percent) during 1980-92.3 During 1972-80,
real spending for PAC as a percent of gross domestic product increased from 1.5 percent in 1972
to 1.8 percent in 1975, before slipping to 1.7 percent during 1979-80. During 1980-92, this ratio
was relatively constant, averaging 1.7 percent. The
1972-92 estimates of real spending are presented
by sector in table 3 and by type in table 4.
3. The first year for which estimates are available is 1972; 1980 begins a
period in which PAC spending has tended to parallel changes in the economy
(as measured by gross domestic product) more closely than before.

Table 3.—Constant-Dollar Spending for Pollution Abatement and Control, by Sector, 1972-92
Percent
1972-80
average
annual
growth rate

Millions of constant (1987) dollars

1980-92
average
annual
growth rate

1972

1974

1973

1975

1977

1976

1978

1979

1980

4.5

2.4

46,032

49,683

52,098

57,246

60,139

61,703

64,680

65,878

65,590

Personal consumption
Motor vehicle emission abatement devices
Operation of these devices

9.8
21.1
1.2

-.3
3.6

3,450
994
2,456

4,543
1,425
3,118

4,950
1,394
3,555

6,172
2,528
3,644

6,736
3,199
3,536

7,158
3,606
3,552

7,426
3,795
3,631

7,165
4,001
3,164

7,297
4,602

Business
On capital account
Motor vehicle emission abatement
Plant and equipment
Other
On current account
Motor vehicle emission abatement
Plant and equipment
Public sewer systemsl
Other2

3.0
1.2
23.9
0
-3.5
4.3
7.3
4.8
6.0
-2.8

3.0
1.4
6.0
.7
-3.8
3.8

33,482
14,830
711
10,865
3,254
18,651
1,578
10,832
3,510
2,732

33,881
15,039
840
11,226
2,973
18,842
1,990
10,644
3,614
2,594

34,270
15,001
1,374
11,626
2,001
19,269
2,157
11,112
3,722
2,278

35,995
15,315
1,623
11,509
2,183
20,680
2,146
12,382
4,032
2,120

38,424
15,822
1,902
11,392
2,528
22,602
2,240
13,661
4,399
2,302

40,000
15,620
2,172
10,667
2,781
24,380
2,361
14,763
4,763
2,493

41,154
16,140
2,498

3.6
6.6
6.0

31,686
14,138
469
10,664
3,005
17,548
1,177
10,641
3,197
2,533

2,753
25,015
2,230
15,353
4,997
2,436

40,173
15,512
2,609
10,635
2,268
24,661
2,068
15,469
5,100
2,024

6.6
9.8
3.4

2.2
-.7
5.0

10,898
4,801
6,097

11,658
5,136
6,522

13,267
6,451
6,816

16,803
9,426
7,377

17,409
9,945
7,464

16,122
8,456

17,254
9,508
7,746

17,558
9,710
7,848

18,121
10,148
7,973

1989

1990

1991

Pollution abatement and control

Government
Public sewer system fixed capital3
Other 4
..
Z .

Millions of constant (1987) dollars
1981
Pollution abatement and control
Personal consumption
,
Motor vehicle emission abatement devices
Operation of these devices
Business
On capital account
Motor vehicle emission abatement
Plant and equipment
Other

On current account

Motor vehicle emission abatement
Plant and equipment
Public sewer systems l
Other2
Government
Public sewer system fixed capital3
Other 4
Z .

1982

1983

1984

1986

1987

63,613

61,714

63,836

68,913

72,813

8,494
5,834
2,660

9,990
7,105
2,885

11,040
8,186
2,855

11,935
8,961
2,973

77,487
12,831
9,710
3,121

77,649

8,472
5,893
2,579
39,010
15,241
3,306
10,209
1,726
23,770
2,040
14,839
5,297
1,594

37,615
13,968
3,170
9,397
1,401
23,647
2,064
14,069
5,616

38,461
13,106
3,807
7,309
1,990
25,355
2,147
15,369
5,959
1,880

41,635
15,099
5,057
7,852
2,190
26,537
2,130

46,088
14,953
5,152
7,475
2,326
31,135
2,179
19,098
7,285
2,573

46,552
14,354
4,926
7,312
2,116
32,198
1,613

1,969

43,874
15,189
5,282
7,711
2,196
28,686
2,156
17,482
6,550
2,498

16,131
8,270
7,861

15,605
7,679
7,926

15,385
7,063
8,322

16,238
7,791
8,447

17,003
8,124
8,879

18,568
8,807
9,761

p Preliminary.
1. Spending to operate public sewer systems is classified in the national income and product accounts as business spending.
2. For this table, private purchases for research and development are included with business pollution abatement
spending on current account




1985

11,075
8,799
2,276

19,861
7,792
2,932
20,022
10,035
9,987

1988

1992"

81,465
12,067
10,039
2,028

81,664

83,901

83,348

87,594

10,438
9,467
971)

8,657
8,460
197!

6,755
6,755
0

7,019
7,019
0

48,928
14,854
5,791
7,285
1,778
34,074
1,437
21,321
3,047

49,917
14,795
5,226
7,866
1,703
35,122
737
22,251
8,803
3,331

52,716
16,622
5,276
9,742
1,604
36,094
218
23,282
9,430
3,164

53,658
17,260
5,268
10,708
1,284
36,398
0
22,350
10,251
3,797

56,948
18,233
5,244
11,572
1,417
38,714
0
23,710
10,934
4,070

20,471
9,629
10,842

21,310
9,412
11,898

22,529
9,822
12,707

22,936
9,340
13,596

23,628
9,305
14,323

3. Consists of government enterprise purchases of fixed capital (primarily for the construction of public sewer
systems), which is classified in the national income and product accounts as government spending.
4. For this table, government regulation and monitoring and government research and development are included
with "other government pollution abatement spending,

SURVEY OF CURRENT BUSINESS

May 1994

39

•

Table 4.—Constant-Dollar Spending for Pollution Abatement and Control, by Type, 1972-82
Percent
1980-92
average
annual growth
rate

4.5

2.4

46,032

49,683

4.6
5.1
11.3
22.1
3.4

2.7

42,814

46,166

-2
2
4.5
.....„.„

1.3
.5
0
12.6
2.1
2.3
-.8

16,421
5,096
1,463
3,633
11,326

18,272
6,832
2,136
4,696
11,440

19,004
7,780
2,235
5,545
11,224

-1.0
-.7
-5.5
-.2
-.2
-1.7

6,203
6,047

6,499
6,348

6,895
6,729

156
5,123
4,819
303

151
4,941
4,673
268

167
4,329
4,069
259

19,732
15,542
8,929
3,709
5,136
84
6,613
2,756
3,510
347
4,190

21,012
17,159
10,183
3,633
6,451
99

9,037
4,211
4,826

9,426
4,543
4,884

Pollution abatement and control
Pollution abatement
Air 1
Mobile sources 2
Emission abatement devices
Operation of these devices ..
Stationary sources
Facilities
Industrial3
Other 4
Operation of facilities
Industrial
Other 5
Water 6
Point sources
Facilities
Industrial3
Public sewer systems
Other 7
..
Operation of facilities
Industrial
Public sewer systems
Other 5
Nonpoint sources

Millions of constant (1987) dollars

1972-80
average
annual growth
rate

,...

Solid waste
Industrial
Other 8

-7.7
5.2
3.4
6.6
3.2
-2.7

18,739
14,750
8,865
3,966
4,801
78
5,886
2,482
3,197
207
3,989

4.0
6.5
1.6

7.7
6.7
8.8

8,628
3,971
4,657

1.8
2.3
-.5
.3
-.7

Solid waste"Z"Z!!!l]IlI]"I"

Other 9

Research and development
Air
Water
Solid waste
Other 9

1974

1973

4.5
6.0
5.7
-1.3
9.8
2.4
6.3
6.6
6.0
8.5
-2.8

Other 9
Regulation and monitoring
Ajf

1972

57,246
53,587
21,291
9,703
3,902
5,802
11,588
6,988
6,781
208
4,600
4,318
281
23,923
20,991
13,604
4,093
9,426
85
7,387
3,066
3,722
599
2,932
9,499
4,481
5,018
-1,126

52,098

6,976
2,896
3,614
466
3,853

-2.1

-974

-875

-981

8.7
2.8
9.2
23.1
13.5

-1.2
-.3
-1.1
14.8
-8.5

959
387
375
36
161

1,190
420
464
42
264

.8
-.8
-2.5
0

-3.1
-2.9
-1.5
4.4
-6.3

2,259
1,466

2,327
1,510

388
74
331

431
76

1,340
430
558
59
293
2,297
1,397
353
81

60,139

56,230
21,903
10,505
4,822
5,682
11,399
6,225
6,014
211
5,174
4,849
325
25,907
22,797
14,738
4,701
9,945
92
8,060
3,498
4,032
531
3,110
9,744
4,831
4,913

-1,325

1,346
441
576
65
264
2,313
1,225
345
87

656

311

1977

1976

1975

1978

61,703
57,485
22,855
11,300
5,508
5,792
11,555
5,938
5,655
283
5,617
5,320
297
25,483
22,103
13,329
4,769
8,456
104
8,774
3,838
4,399
537
3,380
10,512
5,471
5,041
-1,365

64,680

1980

1979

65,878

60,279

61,423

61,305

23,713
11,959
5,967
5,992
11,754
5,842
5,628
214
5,912
5,646
266

24,429
11,893
6,498
5,395
12,536
6,181
5,892
290
6,355
6,063
292

24,486
11,973
7,211
4,762
12,513
6,446
6,044
402
6,068
5,782
285

26,744
23,146
13,812
4,167
9,508
138
9,334
4,010
4,763
560
3.598

27,255
23,628
13,786
3,964
9,710
111
9,842
4,296
4,997
549
3,627

26,622
23,456
13,828
3,586
10,148
95
9,628
4,131
5,100
398
3,166

11,318
5,979
5,339

11,356
6,026
5,330

11,850
6,562
5,288

-1,496

-1,617

-1,654

1,403
405
639
52
307
2,507
1,336
353
76
742

1,514
450
679
71
314

1,622
483
695
95
349

1,708
490
679
140

1,873
483
757
190
443

2,705
1,476
364
71
794

2,779
1,590
371
61
757

2,747
1,598
383
60
707

2,413
1,375
317
74
648

1988

1989

Millions of constant (1987) dollars
1981
Pollution abatement and control
Pollution abatement

63,614
59,681

Air»
Mobile sources 2
Emission abatement devices
Operation of these devices ..
Stationary sources
Facilities
Industrial3
Other 4
Operation of facilities
Industrial
Other 3

25,688
13,818
9,199
4,619
11,896
6,283
5,851
432
5,587
5,360
226

Water 6
Point sources
Facilities
Industrial3
Public sewer systems
Other 7
Operation of "faciiiiies"".!'.'.'.!!'.'.'.'.
Industrial
Public sewer systems

23,892
21,259
11,657
3,306
8.270
81
9,602
4,011
5,297
293
2,633

Other

5

Nonpoint sources
Solid waste
Industrial
Other 8

11,698
6,521
5,177

Other9

-1,597

Regulation and monitoring

Water

ZZZZZZZZZZZ.

Solid waste

Other9

Research and development
Air
Water
Solid waste
Other 9

1,810
445
677
286
401
2.123
1,178
292
81
572

1982

1983

61,714
58,115
24,976
13,728
9,003
4,724
11,248
5,761
5,301
460
5,487
5,263
224
23,227
20,896
10,912
3,145
7,679
88
9,984
4,062
5,616
306
2,331
11,135
5,694
5,441
-1,222
1,709
400
606
294
409
1,890
1,061
281
80

468

1984

1986

1987

63,836

68,913

72,813

77,487

77,649

81,465

81,664

60,465
25,906
15,943
10,911
5,032
9,963
4,325
3,879
445
5,639
5,353
286

65,812

69,772

74,110

74,349

78,030

78,128

28,164
18,228
13,243
4,985
9,936
4,246
3,900
346
5,690
5,418
272

29,050
19,373
14,244
5.129
9,677
3,692
3,409
283
5,986
5,730
256

30,464
20,162
14,863
5,300
10,301
3,927
3,654
273
6,374
6,142
232

27,421
17,614
13,725
3,889
9,807
3,728
3,482
246
6,079
5,843
236

28,955
19,295
15,830
3,465
9,660
3,328
3,138
190
6,332
6,089
243

25,982
16,402
14,693
1,709
9,580
3.379
3,184
195
6,201
5,965
236

23,328
20,429
9,705
2,564
7,063
77

26,017
22,926
10,997
2,771
8,124
102
11,929
4,590
6,550
789
3,091

27,717
24,489
11,466
2,587
8,807
73
13,023
4,959
7,285
780
3,228

29,420
26,438
12,664
2,566
10,035
62

29,226
26,644
12,218
2,539
9,629
50

10.724
4,231
5,959
534
2,899

24,900
21,791
10,676
2,807
7,791
78
11,115
4,389
6,149
577
3,109

13,773
5,257
7,792
724
2,982

14,426
5,467
2,582

30,164
27,612
12,510
3,046
9,412
52
15,102
5,613
8.803
686
2,552

12,401
6,651
5,750

13,922
7,628
6,294

15,666
8,694
6,972

17,063
9,231
7,832

10,024
8,674

21,265
11,374
9,892

23,279
12,309
10,970

-1,170

-1,173

-961

-1,133

-1,190

-1,416

-1,297

1,608
383
548
186
491
1,763
952
273
98
440

1,506
390
525
202
390
1,596
916
238
91
350

1,361
376
566
277
143

1,589
429
606
323
230

1,519
410
583
300
226

1,643
430
617
371
225

1,678
1,086

1,788
1,088
242
119
340

1,781
1,089
253
113

1,792
1,103
241
119

326

329

* Preliminary.
1. The Clean Air Act classifies sources of pollutants as either mobile, such as passenger cars, or stationary,
such as factories.
2. Cars and trucks only.
3. Consists of new plant and equipment spending for pollution abatement from the Pollution Abatement Costs
and Expenditures Survey and the Structures and Equipment Survey—Supplement for Pollution Abatement by the
Bureau of Census and of indirect estimation by BEA for selected nonmanufacturing industries.
4. Consists of spending for fixed capital of government enterprises, such as the Tennessee Valley Authority.
5. Consists of spending to operate abatement facilities by government enterprises and spending to acquire and
operate government facilities other than those covered in footnote 4; data on the acquisition costs of these facilities




1985

234
98
261

1,657
452
616
369
220
1,879
1,114
262
153
350

1990

83,901
80,706
24,687
14,150
13,736
414
10,537
4,064
3,879
185
6,474
6,247
227
32,509
30,058
13,879
3,983
9.8*2
16,179
6,080
9,430
668
2,461
24,905
12,835
12,070
-1,395
1,636
446
597
372
220
1,560
866
249
150
295

1991

83,348
80,002
22,903
12,024
12,024
0
10,880
5,009
4,814
195
5,871
5,644
227
32,050
29,892
13,349
3,941
9,340
68
16,544
5,623
10,251
670
2,158
26,171
13,035
13,136
-1,123
1,654
363
195
1,692
992
263
135
302

1992"

87,594
84,328
23,900
12,264
12,264
0
11,637
5,740
5,538
203
5,897
5,664
233
32,993
30,704
13,044
3,702
9,305
36
17,661
6,146
10.934
581
2,289
28,713
14,232
14,481
-1,279
1,619
467
660
993
152
1,648
961
266
124
298

are inseparable from the data on operating costs.
6. The Federal Water Pollution Control Act defines point sources as facilities that discharge to a body of water
through a pipe or ditch.
7. Consists of spending for private connectors to public sewer systems, capital spending by owners of feedlots,
and spending for fixed capital of government enterprises.
8. Consists of Federal, State, and local government spending for the collection and disposal of solid waste and
of household payments to business for the collection and disposal of solid waste.
9. Consists of "other and unallocated" spending, for example, for abatement of multimedia pollution (see footnote
2. table 7).

40

• May 1994

SURVEY OF CURRENT BUSINESS
also have been affected by intensified review of
regulatory rules and of enforcement initiatives.
Within government PAC spending, most of the
dollar increase occurred during 1972-80 in spending for public sewer system construction and
during 1988-92 in "other" government spending,
mostly for regulation and monitoring and for research and development. Spending for public
sewer system construction, one of the most cyclically sensitive PAC components, increased at an
average annual rate of 9.8 percent during 197280 and decreased at a 0.7-percent rate during
1980-92.

Within personal consumption PAC spending,
most of the dollar increase in spending was for
purchases of motor vehicle emission abatement
devices, which increased at an average annual rate




of 21.1 percent during 1972-80 and 3.6 percent
during 1980-92. These yearly purchases generally moved upward through 1988 and downward
thereafter. Spending to operate these devices
increased during 1972-80 at an average annual
rate of 1.2 percent, leveled during 1980-86, and
declined sharply to zero by 1991.4
Real spending by type.—The overall increase in
real PAC spending during 1972-92 was accounted
for by a $41.5 billion increase in pollution abatement. Among the other PAC components, a $0.7
billion increase for regulation and monitoring
was mostly offset by a $0.6 billion decline for
research and development. The increase for pollution abatement included $7.5 billion for air PA,
4. For a discussion of spending for operation of emission abatement
devices on motor vehicles, see the box on page 33 of the June 1992 SURVEY
OF CURRENT BUSINESS.

CHART 1
CHART 2

Real Expenditures for Pollution
Abatement and Control
by Sector, 1972-92

Real Expenditures for Pollution
Abatement by Type, 1972-92

BflHon1987$

BWbn1987$

14

35

PERSONAL
12

AIR PA

Total

30
Total

10

25

8

20

6

15

4

10

2

5

60

35

7
i

BUSINESS

30

50

20

30

15

Total

10

Capital Account

20
^

,

1 11 11 11 11 ill

Nonpolnt Sources

\.^""

i i i i i i i i

GOVERNMENT
Total

20

5
0
35

I M~l I I I T~T1~l I I I ~ P F T T T
SOLID WASTE PA

30

V

15

i i i i

25

\

10

i

WATER PA

Total

40

25

Stationary Sources
i i i i i i i i I I I

25

Public Sewer System Construction

20
10

15
5

10

I IIII1IIIIIIIII1III I
1972

74

76

78

80

82

84

66

88

90

92

I I I I I I I
1972

74

76

78

80

82

84

86

88

90

Nc»i.-En>«xn» cetagoriet ebon are he ante u I M M ihown in T«W« 3.

Note.—Bqiemttre celagoriee ibma are lie «me m Itoee ehoim in leHe 4.

US. Oepertnent of Commerce, BUTMU ol Eocnomic Andy*

U.S. DepertnentoC Commerce, Bureau of EoonomicAnafyiie

92

May 1994

SURVEY OF CURRENT BUSINESS
average annual rate of 2.8 percent during 1972-80
and 2.7 percent during 1980-92.
Solid waste disposal spending increased at an
average annual rate of 4.0 percent during 1972-80
and 7.7 percent during 1980-92. It increased each
year except for 1981 and 1982, and the increases
after 1982 typically were strong. During 1972-80,
increases were mainly in purchases of industrial facilities to dispose of solid waste generated
from their own plant and equipment. Since
1982, "other" solid waste spending has steadily
increased, contributing to the strong increases
in total spending for solid waste disposal. The
increases in "other" solid waste spending were
mainly due to State and local government spending and to business spending. State and local
government spending for solid waste disposal
rose for all years except 1974, 1976, and 1979.
Business spending to collect and dispose of solid
waste from residential customers who subscribe
to such a service increased for all years except
1976,1980, and 1981.

$14.3 billion for water PA, and $20.1 billion for
solid waste disposal (chart 2). 5
Air PA spending increased at an average annual
rate of 5.1 percent during 1972-80 and declined
at a 0.2-percent rate during 1980-92 (table 4).
Within air PA spending, most of the dollar increase was in spending to abate emissions from
mobile sources (cars and trucks only). Mobile
sources spending increased until 1986 and generally declined thereafter. For all years except
1973 and 1974, purchases of motor vehicle emission abatement devices contributed the most to
the increases in mobile source spending. Stationary sources spending, the other component of
air PA spending, was relatively level during 197292. This spending increased at an average annual
rate of 1.3 percent during 1972-80, mainly reflecting spending to operate industrial facilities, and
decreased at an average annual rate of 0.6 percent during 1980-92, mainly reflecting spending
to purchase industrial facilities.
Water PA spending increased at an average annual rate of 4.5 percent during 1972-80 and 1.8
percent during 1980-92. The majority of water
PA spending consists of spending to abate pollution emissions from point sources. Within point
source spending, most of the increases during
1972-92 came from growth in the construction
and operation of public sewer systems. Spending to abate pollution emissions from nonpoint
sources declined for most years, decreasing at an

Sources and size of revisions
The revisions in PAC spending for 1972-91 are
statistical in origin; definitions, concepts, and
coverage were not changed. Revisions in currentdollar estimates resulted from changes in estimation methodology—that is, new source data
and/or estimating procedures—and the incorporation of revised data from regularly used sources.
Revisions in constant-dollar estimates reflect the
current-dollar revisions and improved combinations of price indexes used for deflation. Table 5
shows revisions in annual rates of change for

5. For air PA, the Clean Air Act classifies sources of pollutants as mobile (for example, automobiles) or stationary (for example, factories). For
water PA, the Federal Water Pollution Control Act classifies sources of pollutants as point (for example, factories) or nonpoint (for example, highway
construction projects).

Table 5.—Pollution Abatement and Control and Its Major Components: Revisions in Average Annual Rates of Change for Selected Periods
[Percent]
1972-91
Current dollars
Previously
published
Pollution abatement and control .
Pollution abatement
Regulation and monitoring
Research and development

Revised

Constant dollars

now
sion

1980-91

1972-80

Previously
published

Revised

Current dollars

Revision

Previously
published

Revised

Constant dollars

Revision

Previously
published

Revised

Constant dollars

Current dollars

Revision

Previously
published

Revised

Revision

Previously
published

Revised

H6VI-

sion

9.2

9.6

0.4

3.0

3.2

0.2

14.8

14.9

0.1

4.8

4.5

-0.3

5.4

5.9

0.5

1.7

2.2

0.5

9.3
8.8
7.4

9.8
8.9
4.8

.5
.1
-2.6

3.1
2.8
1.0

3.3
2.9
-1.5

.2
.1
-2.5

15.0
17.1
9.9

15.1
17.1
9.9

.1
0
0

4.9
8.7
.8

4.6
8.7
.8

-.3
0
0

5.4
3.1
5.7

6.1
3.4
1.3

.7
.3
-4.4

1.8
-1.4
1.1

2.4
-1.1
-0.2

.6
.3
-4.3

9.3
9.0
9.9

9.4
9.3
10.4

.1
.3
.5

3.5
2.7
3.6

3.6
2.8
4.0

.1
.1
.4

21.9
13.4
15.8

21.8
13.5
15.6

-.1
.1
-2

9.8
3.4
6.7

9.8
3.0
6.6

0
-.4
-.1

.9
5.9
5.8

1.1
6.4
6.7

2
.5
.9

-.9
22
1.3

-.7
2.7
12

2
.5
.9

8.0
9.1
11.6

7.8
9.0
12.9

-.2
-.1
1.3

1.6
2.9
4.9

1.5
2.8
6.0

-.1
-.1
1.1

17.0
14.2
13.2

16.7
14.2
12.7

-.3
0
-.5

4.9
4.5
5.0

4.7
4.5
4.2

-.2
0
-.8

2.0
5.5
10.5

1.8
5.4
13.0

-2
-.1
2.5

-.6
1.8
4.9

-.7
1.6
7.4

-.1
-.2
2.5

By sector.
Business
Government
By major type:
Air
Water
Solid waste




42 • May

SURVEY OF CURRENT BUSINESS
the current- and constant-dollar estimates for
selected periods.

Current-dollar revisions.—Revisions were minimal for 1972-78, downward for 1979-84, and
upward for 1985-91 (chart 3). For 1973-78, the
current-dollar estimates were revised within a
fairly small range—down at most 0.5 percent in
1974 and up at most 0.2 percent in 1978. For
1979-91, they were revised down as much as 4.0




CHART 3

Expenditures, Real Expenditures, and
Fixed-Weighted Price Index for Pollution
Abatement and Control, 1972-92
BWtonS (Ratio Scale)
110
100
EXPENDITURES
90
80
70
Previously Published
60
50
40

Revised

30

20

For 1972-80, downward revisions mainly reflected nonmanufacturing spending for solid
waste disposal, and upward revisions mainly reflected spending for the installation of septic
systems and laterals (that is, connectors to public
sewer systems). For 1981-84, downward revisions
were mainly in air PAC for manufacturing spending to operate PA plant and equipment and for
private research and development. For 1985-91,
upward revisions were mainly due to spending
:o dispose of solid waste by nonmanufacturing
businesses, residential customers, and State and
local governments. For 1990 and 1991, downward
revisions were sizable for public sewer system
construction spending.
Estimates of spending for solid waste disposal
were revised to reflect new source data (for
example, new estimates of private contract services purchased by manufacturing establishments)
from the Pollution Abatement Costs and Expenditures Survey published by the Bureau of
the Census and increased use of refuse-industry
payroll data published by the Bureau of Labor
Statistics (BLS). The moderate to large size of revisions reflects the incorporation of these source
data and related estimation improvements.
Estimates of private research and development for pollution abatement were revised to
incorporate new data from the National Science
Foundation (NSF) for 1984, 1989, and 1990. For
this component of PAC spending, large downward revisions resulted for 1983 forward. The
new data for 1984 indicated spending at a lower
level and, when combined with the new data for
1989, confirmed that the sketchy information previously available had tended to overstate spending
growth. The new data for 1990 indicated a decline in spending in that year, rather than an
increase as previously published. Because spending for research and development is a relatively
small PAC component, the sizable revision in this
series had little effect on the estimates of total

10
BHIon 1967 $ (Ratio Scale)
150
REAL EXPENDITURES

30
Index (1967=100) (Ratio Scale)
150
FIXED-WEIGHTED PRICE INDEX

percent in 1981 and up as much as 3.7 percent in
1991.

Revised

PAC.

1972

74

76

78

80

82

84

86

88

90

t^.-Polu(knAb«*nwitOrtd(F^a(p«rKiU«ooniitlo(«p<n<fli«i
fcr Iw dnct aMmmt ol poMon (m), lorragiiaknand mentoring, m l to
rMtffch md (MMMopfntnL
US. Dapartrxnt d Commree, BUMU of Eoonomic toatyw

92

Estimates of septic system and lateral purchases
(and spending for cleaning of septic systems)
were revised to incorporate refined estimates of
average installation cost (and septic system cleaning cost) and newly available information from
the 1990 Decennial Census of Housing by the Census Bureau. Telephone interviews with selected
installers (and cleaners) updated the average cost
estimates, and the decennial census data updated

SURVEY OF CURRENT BUSINESS
the estimates of growth in housing units with
septic systems and laterals.
Constant-dollar revisions.—The constant-dollar
revisions mainly reflect the current-dollar revisions just discussed. Spending estimates affected
by revisions in the price measures include those
for septic system cleaning (included in table 8 in
current-account spending for residential systems
maintenance) and the operation of electric utility
air and water pollution abatement facilities (included in table 8 in current-account spending for
plant and equipment operation). The PAC fixedweighted price index was revised only slightly for
most years; the largest revision, 0.5 percent, was
for 1990.
On the whole, the revised constant-dollar estimates do not appear to have substantially altered
the view of PAC spending throughout the economy (chart 3). The revised PAC estimates show
a pattern of growth similar to that shown by
the previously published estimates: Paralleling
the enactment of major new environmental legislation and strengthening of the Federal role
in environmental protection, real PAC spending
rose throughout the 1970's; it dropped with the
economy in the early 1980^ and generally rose
thereafter. During 1972-91, PAC spending increased at an average annual rate of 3.2 percent
for the revised series and 3.0 percent for the previously published series (table 5). The slightly
faster rate of growth in the revised series mainly
reflects the substantially higher growth in solid
waste disposal spending estimates for 1980-91
(a 7.4-percent average annual rate for the revised series, compared with a 4.9-percent rate
for the previously published series). Most of the
growth in solid waste disposal spending was due
to State and local government spending and to
nonmanufacturing business spending.

spending by manufacturing establishments) and
surveys of government finances (for government
spending to operate sewer systems and for solid
waste disposal) and of new construction put
in place (for government spending to construct
sewer systems).
These key surveys, as well
as the Structures and Equipment Expenditures
Survey—Supplement for Pollution Abatement
(for electric utilities and, to a lesser extent, mining and petroleum enterprises), are all conducted
by the Census Bureau. In addition, BEA collects data on Federal agency funding for PAC
and information from the Environmental Protection Agency (EPA) regional offices on State and
local government spending for regulation and
monitoring. Finally, BEA relies on the Energy
Information Agency of the U.S. Department of
Energy to collect data on PA operating spending
by electric utilities from its Steam-Electric Plant
Operation and Design Report.
For 1992, the Census Bureau, in collaboration
with BEA, redesigned its PACE survey.
Categories of spending that previously were not
distinguished from more general categories were
developed, and new categories were added.
Other sources.—About two-fifths of PAC spending
derived by indirect methods is for nonmanufacturing and residential customers' spending for
solid waste disposal privately contracted for (or
subscribed). Data sources provide only sketchy
information on purchases of solid waste disposal services by customer types (for example,
nonmanufacturing demand for services) and on
waste flows subject to contract service by refuse
companies; therefore, the relationship between
Table 6.—Pollution Abatement and Control Expenditures
for 1992, by Type of Estimate
Percent
of PAC
expenditures

Sources of the estimates
Some estimates of PAC expenditures are based directly on data from surveys or censuses; others
are prepared by indirect methods, PAC estimates
derived from direct sources account for about
two-thirds of the revised total PAC spending; the
remainder is based on other sources that provide
more general survey information and on assumptions made to utilize this information. Table 6
shows the breakdown of PAC spending by type of
estimate for 1992.
Surveys.—The most important direct sources are
the Pollution Abatement Costs and Expenditures (PACE) Survey (for capital and operating




May 1994

Surveys
Government Finances, BOC
Pollution Abatement Costs and Expenditures (MA-200), BOC
Value of New Construction Put in Place, BOC
Federal Funding for Pollution Control, BEA
Structures and Equipment Expenditures Survey—Supplement for
Pollution Abatement, BOC
Steam-Electric Plant Operation and Design Report, DOE

65
24
22
10
7

Other sources
Nonmanufacturing and residential customers' spending for solid
waste disposal
Motor vehicle emission abatement
Nonmanufacturing operation and maintenance for pollution abatement
Residential systems water pollution abatement investment and
operation
Nonmanufacturing plant and equipmeni air and water
Electric utilities-extra cost of cleaner fuel
Allother

35

BOC Bureau of Census
BEA Bureau of Economic Analysis
DOE Department of Energy

2
2

15
13
3
2
1
0
1

•

43

44

SURVEY OF CURRENT BUSINESS

• May 1994

purchasers' and suppliers' data is difficult to determine. The indirect method used compares
a variety of data sources to discern and reconcile, to the extent possible, this relationship. This
process of comparison, fitting, and reconciliation
is aided by taking into account information for
manufacturing establishments (which also purchase services from refuse companies) as well as
for nonmanufacturing and residential customers.
It relies heavily on the following information: (1)
Refuse-industry (that is, supplier) payroll data
from BLS, (2) PACE survey data on manufacturing purchases on private contract, and (3) partial
information on waste flows by type (that is,
information about demand) and disposal services provided (that is, information about supply)
from EPA one-time studies, refuse company annual reports, and trade association contacts and
reports.
Most of the remainder of PAC spending is
attributable to indirect estimation of spending
for motor vehicle emission abatement devices
and their operation (fuel consumption penalty,
maintenance cost, and fuel price penalty). Information on unit sales of motor vehicles is from
the American Automobile Manufacturers Association of the United States, Inc., and the dollar
value per emission abatement device at time of
purchase is derived from selected BLS information. Components of operating spending are
based on information from a variety of sources,
including studies by EPA (for the fuel consumption penalty and maintenance cost for pre-1975
model year vehicles), data from BLS (for the
prices of unleaded and leaded gasoline and the
amount of unleaded gasoline purchases to which
the fuel price penalty applies), and data from R.L.
Polk, Inc. (for the inventory, or stock, of motor
vehicles by model year). Factors for the allocation
of spending between consumers and business are
developed by BEA.
Nonmanufacturing operation and maintenance
spending for PA (excluding electric utilities) is estimated in relation to nonmanufacturing air and
water PA plant and equipment (P&E) stocks that
are being operated. The key assumption is that
the ratio of operating spending to stocks for manufacturing establishments can be applied to the
stocks of nonmanufacturing establishments to
determine operating expenses. These nonmanufacturing PA P&E stocks (excluding electric utilities) are estimated using a perpetual inventory
method. Nonmanufacturing PA P&E spending es-




Acknowledgments
Gary L. Rutledge, Chief of the Environmental Economics Division, supervised the preparation of the
estimates. Christine R. Vogan planned and coordinated the compilation and analysis of the estimates.
Mary L. Roy helped to compile the estimates and
prepare selected tables, with the assistance of R. Christian Thieme. The preparation of estimates involved
the following staff: Personal consumption—Frederick
G. Kappler; business—Richard E. Kaglic, Frederick G.
Kappler, Mary L. Roy, R. Christian Thieme, Christine
R. Vogan, and Howard J. White; and government—
Mary L. Roy, Christine R. Vogan, and Howard J.
White. Shirley D. Tisdale provided statistical services,
and Sonia R. Jones provided secretarial services.

timates, the starting point for use of the perpetual
inventory method, are derived using a variety
of data sources, including the PA supplement to
the structures and equipment survey mentioned
earlier, an environmental protection expenditures
survey by the American Petroleum Institute, the
Census of Mineral Industries* and information
about relationships between company-based and
establishment-based data.
Estimates of residential systems water PA
spending consist of purchases of septic systems
and laterals and spending for cleaning septic systems. Data sources for these estimates include
surveys of housing conducted by the Census
Bureau; related construction activity indicators,
such as housing permits and housing starts; and
information from telephone contacts with technical experts about the cost of installing and
cleaning PA residential systems.
The extra cost of cleaner fuel used by electric utilities that adopt a fuel-switching strategy to lessen emissions is estimated primarily
from information on the cost and quality of
oil and coal that utilities consume, which is reported by the Energy Information Agency of the
U.S. Department of Energy in its Electric Power
Monthly.
Notable among the remaining sources is the
indirect method to estimate private purchases for
research and development (R&D) PA spending.
This method uses data on total R&D spending
from the Industrial Research and Development
Survey by the NSF to extrapolate R&D spending
for PAC types. Newly available NSF data providing
partial coverage of PAC for 1984, 1989, and 1990
has reduced reliance on extrapolation.
Tables 7 and 8 follow. £3

SURVEY OF CURRENT BUSINESS

May 1994

•

45

Table 7.—Expenditures for Pollution Abatement and Control by Sector and Type in Current and Constant Dollars and Selected
Fixed-Weighted Price Indexes, 1972-92
Total1
1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 j 1965

Une

1986

Millions of dollars

16,586

19,404

23,552

28,442

31,859

35,048

39,537

45,115

50,399

54,241

55,359

58,873

65,423

71,160

75,389

15,397

18,011

21,969

26,685

29,855

32,738

36,941

42,272

47,352

51,153

52,321

55,893

62,561

68,268

72,111

1,360
473
877

1,867
679
1,188

2,331
702
1,629

3,235
1,384
1,851

3,783
1,863
1,920

4,293
2,211
2,082

4,780
2,506
2,274

5,430
2,855
2,575

6,558
3,552
3,006

8,122
4,823
3,299

8,287
4,964
3,323

9,742
6,201
3,541

10,839
7,354
3,485

11,991
8,309
3,682

12,385
9,385
3,000

10,639
5,463
5,176
4,404
1,151
-379

12,261
6,239
6,022
5,078
1,342
-398

14,680
7,195
7,485
6,388
1,635
-538

16,554
8.004
8,551
7,348
1,896

18,453
8,659
9,794
8,461
2,221
-887

21,067
9,520
11,547
9,906
2,608
-966

23,463
10,119
13,343
11,365
3,053
-1,074

26,927
11,493
15,434
13,272
3,522
-1,360

29,706
12,089
17,617
15,149
4,078
-1,610

32,370
13,055
19,315
16,402
4,701
-1,788

33,092
12,567
20,525
16,675
5,314
-1,463

34,804
12,026
22,779
18,375
5,805
-1,402

39,032
14,214
24,818
20.056
6,228
-1,465

42,058
14,598
27,460
21,972
6,722
-1,233

43,954
14,659
29,295
23,362
7,359
-1,446

3,409
139
1,311
1,959

3,883
203
1,433
2,246

4,958
294
1,592
3,072

6,896
432

7,619

7,378

10,660
506

2,768
7,825

3,144
7,011

11,346
795
3,842

12,690
944

2,461
6,906

10,942
550
3,484

5,316

472
2,212
6,015

494

1,834

490
1,965
4,924

9,915
548

11,088

469

1,752
4,713

6.908

6,709

7,466

14,220
1,225
4,858
8,137

15,772
1,346
5,515
8,912

Regulation and monitoring
Federal
!
State and local

367
200
167

490
278
212

595
346
248

653
381
272

725
402
323

833
429
404

949
507
442

1,067
593
474

502

1,378
818
560

1,397
820
577

1,385
806
579

1,362
743
619

1,279
575
705

1,532
715
817

Research and development
Private
„
Federal
State and local

823
519
205
99

903
569

1,104
609
448
47

1,279
706
528
45

1,478
849
578
51

1,647
999
592
57

1,777
1,143

1,096

1,711
1,037

342
39

1,641
1,009
604
28

1,595
920
640
35

1,501
879
590
32

1621.1
1,010
591
20

Pollution abatement and control.......................
Pollution abatement
Personal consumption
Durable goods 3
Nondurable goods 4
Business
On capital account
On current account
Private
Government enterprise
Costs recovered
Government
Federal
State and local
Government enterprise purchases of fixed capital

1,751

564

646

591
64

71

28

4,280

1,746

1,063
651
31

Millions of constant (1987) dollars

Pollution abatement and control
Pollution abatement
Personal consumption
Durable goods 3
Nondurable goods 4
Business
,
On capital account
On current account
Private
Government enterprise
Costs recovered
Government
Federal
State and local
Government enterprise purchases of fixed capital
Regulation and monitoring
Federal
State and local
Research and development
Private
Federal
State and local

46,032

49,683

52,098

57,246

60,139

61,703

H680

65,878

65,590

42,814

46,166

48,460

53,587

56,230

57,485

60,279

61,423

61,305

3,450
994
2,456

4,543
1,425
3,118

4,950
1,394
3,555

6,172
2,528
3,644

6,736
3,199
3,536

7,158
3,606
3,552

7,426
3,795
3,631

7,165
4,001
3,164

7,297
4,602
2,694

30,243
14,138
16,105
13,745
3,344
-985

31,997
14,830
17,166
14,402
3,658

32,458
15,039
17,419
14,654
3,760
-994

32,987
15,001
17,986
15,335
3,833
-1,182

34,603
15,315
19,288
16,568
4,167
-1,447

36,861
15,822
21,039
17,999
4,526
-1,487

38,314
15,620
22,694
19,323
4,902
-1,531

39,394
16,140
23,255
19,800
5,160
-1,705

9,122
402
3,693
5,027

9,626
539
3,723
5,364

11,053
688
3,660
6,705

14,427

14,891
953
3,701
10,237

13,466

937
3,782
9,708

917
3,717
8,832

14,539
809
3,878
9,852

14,863
840

959
483
476

1,190
628
562

1,340
735
605

1,346
741

1,403
736

1,514
736
778

2,259
1,443
549

2,327
1,485
676

2,297
1,423

166

2.507
1,392
1,022
93

2,705
1,563

268

2,313
1,283
926
104

782
92

1,043
99

61,714

63,836

68,913

72,813

77,487

58,115

60,465

65,812

69,773

74,110

8,472
5,893
2,579

8,494
5,834
2,660

9,990
7,105
2,885

11,040
8,186
2,855

11,935
8,961
2,973

12,831
9,710
3,121

38,673
15,512
23,161
19,643
5,285
-1,766

37,731
15,241
22,491
18,837
5,453
-1,799

36,462
13,968
22,494
18,189
5,769
-1,464

37,454
13,106
24,348
19,622
6,119
-1,392

40,708
15,099
25,610
20,721
6,310
-1,421

42,833
15,189
27,645
22,154
6,707
-1,217

45,002
14,953
30,049
24,095
7,447
-1,493

15,335

3,917

13,477
627
4,070

13,159

679
4,015

10,106

10,641

8,780

4,287
8,224

13,021
911
4,527
7,583

14,063
1,048
4,803
8,212

15,005
1,300
5,200
8,505

16,277
1,402
5,726
9,149

1,622
825
796

1,708
906
801

1,873
1,110
763

1,810
1,040
770

1,709
982
727

1,608
922
685

1,506
814

1,361
608
754

1,589
744
845

2,779
1,686
990
103

2,747
1,760
870
117

2,413
1,500
816
97

2,123
1,279
805

1.890
1,153
701

1,763
1,007

713
43

1,596
927
632
37

1,678
1,041
615
22

1.086
670
32

63,613

649

36

1.788

Selected fixed-weighted price indexes

Pollution abatement and control

37.7

40.0

45.6

49.8

53.2

56.8

61.1

68.1

76.1

84.2

88.3

91.1

94.2

97.1

97.3

37.7

40.0

45.7

49.9

53.3

56.9

61.2

68.3

76.4

84.5

88.5

91.2

94.3

972

97.3

Personal consumption

45.0

45.8

50.8

55.0

58.4

61.5

65.8

74.6

86.3

92.9

94.0

94.9

96.5

98.9

96.6

Business

35.9
41.3
33.4

38.4
43.5
36.1

44.8
48.2
43.2

49.5
53.3
47.7

52.9
56.7
51.1

56.7
60.3
55.0

60.7
64.9
58.8

67.5
71.1
65.9

75.8
77.5
75.0

84.6
84.7
84.5

89.3
88.9
89.5

92.0
91.5
92.2

95.3
94.0
95.9

97.7
96.2
98.5

97.7
98.0
97.5

Pollution abatement

On capital account
On current account

37.7

40.6

44.8

47.8

51.1

54.6

59.4

66.1

71.8

78.9

83.1

87.1

902

94.8

96.9

37.9

40.6

43.7

47.7

51.1

54.6

58.1

62.0

68.4

75.4

81.2

85.7

90.0

94.0

96.4

36.5

38.8

43.0

47.7

51.0

54.6

59.3

64.8

72.7

80.6

86.9

90.6

94.2

96.6

97.6

8,846
11,272

10,246
11,953

11,449
12.700

12,522
13,434

13,496
14,027

14,340
14,539

14,997
15,030

Government
Regulation and monitoring
Research and development
Millions of dollars

Addendum: Business capital consumption allowances:5
Valued at replacement cost in current dollars
Valued at replacement cost in constant (1987) dollars ,
See footnotes at end of table.




1,827
4,825

2,354
5,568

3,030
6,364

3,841
7,257

4,610
8,124

5,476

6,443
9,754

7,625
10,530

46

• May 1994

SURVEY OF CURRENT BUSINESS

Table 7.—Expenditures for Pollution Abatement and Control by Sector and Type in Current and Constant Dollars and Selected
Fixed-Weighted Price Indexes, 1972-92-Continued
1987
Line

Total 1

Air

Water

1988
Solid
waste

Other
and unallocated 2

Total1

Water

Solid
waste

Other
and unallocated 2

Total 1

Air

Water

Solid

Other and
unallocated 2

Millions of dollars
77,649
Pollution abatement

28,921

30,255

74,349 27.421

29,420

19,111

-638

83,809 31,154

22,663

-903

87,390 29,080 33,052 26,065

-806

-1,190

80,242 29,559

30,008 22,155 -1.480

83,543 27.374 32,097 25,500

-1,428

12,284
10,247
2,037

Personal consumption
Durable goods 3
Nondurable goods 4

11,075
8,799
2,276

Business
On capital account
On current account
Private
Government enterprise
Costs recovered

45,432 16,005
14,354 8.408
31,078 7,597
24,602 7,456
141
7,949
-1.473

Government
Federal
State and local
Government enterprise purchases of fixed capital

17,842
1,237
6.266
10,339

341
80
15
246

Regulation and monitoring
Federal.
State and local ,

1.519
700
819

410
110
300

583
250
333

300
120
180

Research and development .
Private
Federal.
State and local .

1,781
1,120
630
31

1,089
887
200
2

253
113
120
20

113
19
90
4

11,075
8.799
2,276
18,168 12,731 -1,472
4,493 1,452
13.675 11.278 -i"472
5.867 11,278
i'
7,808
-1.473
11,252 5,968
282
707
200
250
452 5,718
82
10.094

n

10,944
9,865
1,079

12.284
10.247
2,037

49.107 17,000
15,276 9,176
33,831 7.824
27.151 7.656
8,547
168
-1,867

18,850 15,121 -1,865
4,209 1,890
14.641 13,231 -i"865
6,264 13,231
2
8,377
-1,867
385
11,158 7,034
707
330
300
484 6,734
55
9,967

n

18,852
1,402
7,283
10,167

275
65
10
200

226
220

1,695
850
845

440
120
320

635
300
335

385
200
185

326
101
220
5

1,872
1,179
665

1,155
934
220
1

252
119
115
18

123
20
100
3

10,944
9,865
1,079

52,217 16,136 20.792
15,670 8,884 4,777
36.547 7,252 16.015
28,820 7,091 6.677
161 9.338
9,502
-1,775

17,062
2,010
15,052
15,052

-1.773

O

2"
-1,775

8,438
300
8,138

345
280
65

20,382
1.379
8.705
10,299

295
70
12
213

235
230
5

1,803
860
943

130
360

400
180
220

243
240
3

342
106
230

2.044

1,216
984
230
2

165
21
140
4

379
112
260
7

33

Millions of constant (1987) dollars
23

77,649

Pollution abatement and control

Personal consumption
Durable goods 3
Nondurable goods 4
Business
On capital account
On current account
Private
Government enterprise
Costs recovered

,

Government
Federal
State and local
Government enterprise purchases of fixed capital

40

28,920 30,255

74.349 27,421

Pollution abatement

29,420

19,111

81,465 30,488 30,084 21,755

-861

81,664 27,548 31,042 23,800

-726

18,698 -1,190

78.030 28,955 29,226 21,265 -1,416

78,128 25,982 30.164 23,279

-1,297

10.438 10,438
9,467 9,467
971
971
48,782 15,273 19,539
14,795 8,411 4,510
33.987 6,862 15,029
26.620 6.702 6,214
8.977
160 8,815
-1.609

11,075
8,799
2276

11,075
8,799
2,276

12.067 12,067
10,039 10,039
2,028 2,028

45,432
14,354
31,078
24.602
7,949
-1,473

16,005 18,168 12.731 -1.472
8,408 4,493 1,452
7,597 13,675 11,278 -i",472
7,456 5,867 11,278
i'
141 7,808
O
-1.473
282
341 11,252 5,968
707
200
80
250
452 5,718
82
15
246 10,094

47,805 16,625
14,854 8.928
32,951 7,696
26,274 7,526
8,455
170
-1,778

18,444
4,089
14,355
6,073
8.283

18,158
1,340
6,953
9,866

263
64
10
190

10,781
675
431
9,676

17,842
1,237
6,266
10,339

14,512 -1,776
1,836
12,676 -1,776
12,676
2
-1.778
361
6.753
309
292
52
6,461

n

18.908
1,271
7,982
9.655

271
66
11
195

15,577
1.874
13,703
13,703

-1.607
._„...

O

2"
-1,609

7.701
283
7,418

311
252
59

Regulation and monitoring
Federal
!
State and local

1,519
700
819

410
110
300

583
250
333

300
120
180

226
220
6

1,643
814
829

430
115
315

617
287
329

371
192
180

225
220

1,657
780
877

452
118
334

163
206

Research and development
Private
Federal
State and local

1,781
1,120
630
31

1,089
887
200
2

253
113
120
20

113
19
90
4

326
101
220
5

1,792
1.123
643
27

1.103
890
213
1

241
113
111
17

119
19
97
3

329
101
222

1,879
1.135
715
30

1,114
899
213
2

153
19
130
4

350
102
241

220
218

6

Selected fixed-weighted price indexes
Pollution abatement and control
46

100.0

100.0

100.0

100.0

100.0

102.9

102.3

102.7

104.2

105.0

107.0

106.0

106.5

109.5

111.0

100.0

100.0

100.0

100.0

100.0

102.9

102.2

102.7

104.2

104.6

106.9

105.9

106.4

109.6

110.1

Personal consumption

100.0

100.0

101.9

101.9

105.5

105.5

Business
On capital account

100.0
100.0
100.0

100.0
100.0
100.0

100.0
100.0
100.0

100.0
100.0
100.0

102.8
102.9
102.7

102.4
103.0
101.8

102.2
102.9
102.0

104.2
102.9
104.4

107.0
105.9
107.5

106.0
105.9
106.2

106.4
105.6
106.6

109.6
1075
109.9

110.3

"ibao

100.0

100.0

100.0

100.0

100.0

103.8

104.4

103.5

104.1

107.6

108.8

106.4

109.5

111.0

100.0

100.0

100.0

100.0

100.0

103.1

102.4

102.9

103.6

108.8

108.5

108.8

108.3

1105

100.0

100.0

100.0

100.0

100.0

104.4

105.0

104.2

103.7

108.8

109.4

108.7

1085

108.3

Pollution abatement

100.0

On current account
Government
Regulation and monitoring
Research and development
Millions of dollars
Addendum: Business capital consumption allowances:5
Valued at replacement cost in current dollars
Valued at replacement cost in constant (1987) dollars
See footnotes at end of table.




15.505
15585

15.929
15576

15,880
14,708

SURVEY OF CURRENT BUSINESS

May 1994 •

47

Table 7.—Expenditures for Pollution Abatement and Control by Sector and Type in Current and Constant Dollars and Selected
Fixed-Weighted Price Indexes, 1972-92-Continued
1992*

1991
Line
Total 1

Air

Water

Solid
waste

Other
and unallocated2

Total 1

Air

Water

Solid
waste

Other
and unallocated2

Total 1

Air

28,560

Water

Solid
waste

Other and
unallocated2

Millions of dollars

Pollute

mt and control.

Pollution abatement
Personal consumption
Durable goods 3
Nondurable goods 4

92,873

28,049

36,441

29,368

-987

94,799

27,019

36,585

31,837

-643

101,954

89,317

26,592

35,509

28,789

-1,573

90.918

25,312

35,593

31,248

-1,236

98,136

9,238
8,943

9,238
8,943
295

7,394
7,394
0

7,394
7,394
0

59,618
19,043
40.574
30,912
11,233
-1,571

17,610
11,128
6,482
6,320
162

23,580
5,395
18,185
7,116
11,069

23,906
1,417
11.547
10,942

308
73
16
219

12,013
753
537
10,723

900
968
2,013
1,176
790
47

295

Business
On capital account
On current account
Private
Government enterprise
Costs recovered

57,492
17,904
39,588
31,077
10,435
-1,924

Government
Federal
State and local
Government enterprise purchases of fixed capital ....

22,587
1,391
10,161
11,035

Regulation and monitoring
Federal .
State and local

1,784
877
907

Research and development .
Private
Federal
State and local

1,772
945
777
51

17,064
9,820
7,244
7,083
161

23,430
5,720
17,710
7,438
10,272

18,920
2,364
16.556
16,556

O

2
-1,924

71
13
205

12,079
734
514
10,831

9,870
304
9,565

349
281
68

-1,922
-i"922

476
133
343

649
307
342

408
191
217

250
245
5

982

284
95
151
38

171
16
151
4

336

749
231
2

85
244
7

38,222

36,046

-873

37,162

35,496

-1,411

22.804
3.081
19,723
19,723

7,896
7,896
0

7.896
7,896
0

64.825
20,508
44.318
34,009
12,022
-1714

18.667
12,095
6,571
6,411
160

25,067
5.332

334
250
83

25,414
1,215
13.086
11.113

327
75
22
230

12,095
656
556
10,883

533
175
358

677
301
376

231
223

1,848
842
1,006

526
185
341

1,174
932
240
2

315
118
160
36

362.1
106
250

1,971
1,131
803
37

1,144
896
247
1

-1,569
2
-1,571

19,735
7,875
11,860

n

-1,712

'-IJI2"
2"
-1714

12,692
281
12,411

300
203
97

741
290
451

401
191
210

180
176
5

320
114
178
28

149

358

19

102
252
4

127
3

Millions of constant (1987) dollars

Pollution abatement and control
Pollution abatement
Persona! consumption
Durable goods 3
Nondurable goods 4 .!!.!'.

!

83,901

26,000

33,355

25,427

80,706

24,687

32,509

24,905

8,657

8,657

8,460

8,460
197

197

21,437
5,323

16,367
2.144
14,222
14,222
(*)

-1,395

83,348

24,384

32,921

26,669

-627

87,594

25,329

33,919

29,176

-829

80,002

22,903

32,050

26,171

-1,123

84,328

23,900

32,993

28,713

-1,279

6,755
6,755
0

6,755
6,755
0

7,019

7,019
7,019
0

52,658
17,260
35,398
26,384
10,418
-1,404

15,877
10,082
5,795
5,644
150

22,478
4,794
17,685
6,738
10,946

18,448
2,658
15.790
15,790

-1,529

20,589
1.220
9,770
9,599

271
63
14

7,019
0
21,432
4,950
16,482
6,216

51,881
16,622
35,259
27,362
9,594
-1,697

15,772
9,155
6,616
6,464
154

20,169
1,228
8,864
10,077

258
62
11
185

11,073
656
524
9,892

8,538
269

8,269

300
241
59

195

10,618
652
562
9,404

Regulation and monitoring
Federal
State and local

1,636
771
865

446
117
330

597
270
327

372
168
204

220
216
4

1,654
761
893

488
148
340

255
354

Research and development
Private
Federal
State and local

1,560
835
681
43

866
662
203
1

249
84
132
33

150
14
133
3

295
75
214

1,692
1,000
654
39

992
792

Business
On capital account
On current account
Private
Government enterprise
Costs recovered

,

Government ..
Federal
State and local
Government enterprise purchases of fixed capital ....

16,114
6,675
9,439

-1,695
-i"695
2
-1,697

6

199
2

16,751
2,227
14,524
14,524

10,266

n

-1,402
-i"402
2
-1,404

16,596
10,782
5.814
5,664
151

21,315
1,041
10,734
9,540

363
170
193

195

1,619
709

135
17
115

302
90
207
5

1,648
954
664
30

961
756
204

296
9,125

O

2"
-1,531

279
209
70

9,421

263
101
133
29

55,994
18,233
37.760
28,192
11,099
-1,531

64
18
203

467
156
311

10,514
565
613
9,337

660
245
416
266
96

10,265
242
10,023

251
170
81

161
179

152
148
4

124
16
105
2

298
86
208

1

147
23

Selected fixed-weighted price indexes

Pollution abatement and control.

111.0

109.9

109.2

115.6

111.7

113.9

112.5

111.5

119.5

102.1

116.2

114.1

113.2

123.7

101.8

111.0

109.8

109.2

115.7

112.7

113.8

112.3

111.4

119.5

110.1

116.2

114.0

113.1

123.7

110.1

Personal consumption

109.9

109.9

112.4

112.4

114.5

114.5

Business
On capital account
On current account

111.1
107.5
112.7

109.7
107.4
112.3

109.2
107.0
110.0

115.7
110.3
116.4

113.5
110.1
115.1

112.3
110.4
114.4

113.5
112.2
115.0

111.7
110.5
112.1

123.9
115.9
124.9

"i12F

Pollution abatement

Government

113.4

"lili"

110.2
108.4
110.7

119.5
113.1
120.3

111.9
..........

115.8
112.0
117.5

112.0

111.5

112.1

109.1

115.6

116.2

115.5

113.8

113.3

119.4

119.6

118.2

114.5

115.4

123.5

119.9

,

109.0

106.7

108.5

109.5

114.0

113.4

108.8

111.7

119.1

118.5

115.1

111.9

113.2

120.1

119.0

Research and development ....

113.5

113.1

113.9

114.0

113.8

118.9

117.7

119.5

120.3

119.9

119.5

118.6

120.0

120.6

120.2

Regulation and monitoring

Millions of dollars

Addendum: Business capital consumption allowances:5
Valued at replacement cost in current dollars
Valued at replacement cost in constant (1987) dollars ,

16,123
13,701

p Preliminary.
1. Includes spending for air and water pollution abatement and control and expenditures for solid waste collection
and disposal by means acceptable to Federal, State, and local governments. Excludes agricultural production except
feedlot operations.
2. "Other" includes spending for abatement and control of noise, radiation, and pesticide pollution; "unallocated"
includes business spending not assigned to media,
3. Durables consists of purchases of motor vehicle emission abatement devices.




11,267
10,064

11,545
10,173

4. Nondurables consists of spending to operate motor vehicle emission abatement devices.
5. Capital consumption allowances facilitate the conversion of expenditures to a cost basis.
NOTE.-Expenditures are attributed to the sector that performs, rather than pays for, the air or water pollution
abatement or the solid waste collection and disposal.

SURVEY OF CURRENT BUSINESS

48 • May 1994

Table 8.—Business and Government Expenditures for Air and Water Pollution Abatement In Current and Constant Dollars, 1972-92
Total 1
1972

1974

1973

1975

1976

1977

1978

1979

1980

1982

1981

1983

1984

1985

1986

Millions of dollars

9,020

10,399

12,548

14,391

16,100

18,231

20,184

23,418

25,735

27,904

28,479

29,075

31,973

33,227

34,199

On capital account (line 7)
Motor vdhicta omission ab&tdmdnt
Plant and equipment3
Residential systems3

5,207
220
3,954
1,030

5,902
334
4.263
1.302

6,794
416
5,103
1,268

7,601
747
5,901

8,928
1160
6]347
1,412

10.731
1 779
7196
1.852

11,258
2011
7,606
1,637

12,069
2706
8]017
1,344

11,125
3325
6151
1,747
2

13.027
4546
6]478
1,999

3,813
2,662

4.497
3.155

5,754
4,120

420

603

925

2,034

2,327

2,955

6,790
4,896
1.106
3.533

7,895
5,676
1,172
4,228

12.687
9,166
1,803
7,008

14,477
10,399
2,262
7,749

15,835
11,135
2.536
8,185

16,881
11,568
2,513
8,612

17,950
12,145
2,581
9,090

18,946
12.719
2555
9.642

12,987
4901
6,065
2,018
g
20,240
13,519
2,631
10,321

13,277
4982
6,'i68
2,135

On current account (line 8)
Private (line 9)
Motor vehicle emission abatement
Plant and equipment2
Residential systems3
Agricultural business4
Government enterprise (line 10)
Publicly owned electric utilities
Public sewer systems9

9,529
1,429
6,412
1,683
c
10.656
7,603
1,477
5,800

11,598
2,699

946

8,205
939
6,135
1,123

209

225
1

240
1

256
2

274
2

296
3

322
4

351
5

384
5

408
6

436
6

468
7

513
9

559
6

553
8

1,342

1,634

1.895

2,220

2,607

3,053

3,521

4,078

4,700

5,313

5,805

6,227

6,721

7,358

Business (line 6)

Q

Government (line 12)
Federal (line 13)
rfiQdTfll OXCODt ntOnVyfliyS •••••••>••*•••••••»••••••••§•••*••••«*•>••••*•••

Highway erosion abatement
State arid local (line 14)
State and local except highways
Highway erosion abatement
Government enterprise fixed capital (line 15)
Publicly owned electric utilities
Public sewer systems9

0

1,151

9,304
6,697
1,316
5,081

i!i24

20,922
13,564
2,094
10,909

26

33

62

53

66

83

118

161

153

153

161

165

161

154

1,124

1,308
1

1,571
1

1,842

2.153
1

2t5

n

2,970
1

3.403
1

3.917

4,547
1

5,159
2

5,642
2

6,059
2

6,557
3

7,201
3

2,261

2,598

3,513

5,282

5,882

5,497

6,639

7,613

8,494

7,602

7,509

7,583

8,424

9,363

10,146

131
126
2
171

181
176

252
248
4
189

358
353
5
211

362
357
5
205

385
379
6
189

406
400
7
218

450
442
9
257

369
362
7
299

305
293
12
286

325
316
8
277

579
572
8
294

607
599
8
351

823
816
7
403

795
788
6
440

1
210
4,713

1
204
5.316

1
188
4.924

: .

: ,

3,072

6,015

6,906

7,825

7,011

A

4
290
6,709

14
337
7,466

12
391
8,137

14
426
8,912

n

171
1,959

5
171
0

171
2,246

o

69

0

6,908

92

97

128

159

174

237

232

291

397

444

501

487

409

373

337

1,867

2.149

2,945

4,553

5,142

4.687

5,783

6,615

7,429

6,567

6,407

6,222

7,057

7,765

8.575

Millions of constant (1987) dollars

Business (line 28)
On capital account (line 29)
Motor vehicle emission abatement
Plant and equipment2
Residential systems3
Agricultural business4
On current account (line 30)
Private (line 31)
Motor vehicle emission abatement
Rant and equipment3
Residential systems3
Agricultural business4
Government enterprise (line 32)
Publicly owned electric utilities
Public sewer systems9
Other
Z
Government (HIM 34)
Federal (line 35)
Federal except highways
Highway erosion abatement
State and local (line 36)
State arid local except highways
Highway erosion abatement
Government enterprise fixed capital (line 37)
Publicly owned electric utilities
Public sewer systems 9
See footnotes at end of table.




25,727

27,096

27,311

28,059

29,627

31,239

32,140

33,341

32,271

31,557

30,677

30,591

32,690

33,317

34,899

13,431
469
10,033
2,923
6
12,297
8,954
1,177
7,301

13.940
711
10,057
3,166
6
13,156
9,499
1,578
7,430

14,093
840
10,362
2,881
10
13,218
9,462
1,990
6,965

14,171
1 374
10,874
1,914
10
13,888
10,057
2,157
7,384

14.444
1 623
10,715
2,097
10
15,183
11,018
2,146
8,347

14.778
1,902
10,424
2,442
10
16,460
11,936
2,240
9,158

14,670
2172
9,795
2,698
6
17,470
12,568
2,361
9,657

15,028
2498
9,856
2,670
4
18,313
13,154
2,230
10,360

14,430
2609
9,630
2,189
2
17,841
12,557
2,068
9,914

14,113
3306
9,157
1.648

12,936
3170
6,446
1,318
2
17,742
11,973
2,064
9,326

12,152
3 807
6,444
1,900
2
18,440
12,321
2,147
9,584

13.844
5057
6,706
2,078
3
18,846
12,537
2,130
9,808

13,530
5,282
6,180
2.065

13,564
5152
6,241
2,168
3
21;335
13,889
2,179
11,101

17,445
11,993
2.040
9,371

19,787
13.081
2,156
10,319

475

491

505

514

523

534

547

559

572

579

579

586

592

597

601

3.3^

1
3,657

3.756

2
3,831

3
4,165

4
4,524

4
4,901

5,159

5
5,284

5
5,452

5
5,768

5
6.118

7
6,309

8
6,706

9
7,446

145

145

139

109

132

125

137

161

184

154

151

157

158

153

159

3,197
1

3,510
2

3.614
3

3,722
1

4,032
1

4,399
1

4,763
1

4,997
1

5.100

5,297
1

5,616
2

5,959
2

6.149

6,550
3

7,285
3

5,983

6,366

7,756

10,963

11,447

9,941

10,891

11,178

11,541

9,550

9,031

8,653

9,332

9,816

10,450

380
363
17
576
(*)
576

480
466
14
521
1
520

591
581
10
460
1
459

780
768
12
496
1
495

731
718
13
480
2
478

717
704
13
393
1
392

695
684
11
344

n

504
494
10
397
(*)
397

377
360

344

686
674
13
386
(*)
386

385
372
13
423
(*)
423

661
651
10
409
4
404

676
665
11
445
16
429

5,027

5.364

6.705

9,708

10,237

8,832

9.852

10,106

227

228

254

282

292

376

344

396

493

510

545

520

421

381

342

4,801

5,136

6,451

9,426

9,945

8,456

9.508

9,710

10.148

8,270

7,679

7,063

7,791

8.124

8,807

n

10.641

17

394
(*)
394
8,780

8,224

7,583

8,212

875
867
8
436
13
423
8.505

834
827

7

467
14
453
9,149

SURVEY OF CURRENT BUSINESS

May 1994

•

49

Table 8.—Business and Government Expenditures for Air and Water Pollution Abatement in Current and Constant Dollars, 1972-82—Continued
1987

Total1

Total 1

Air

Water

Total 1

Air

Water

tl1 |
Total

Air

1992*

1991

1990
Water

| 'Water

Total 1

Air

Water

Total

23,580

43,733 18,667 25,067

Millions of dollars

Business (line 6)
On capital account (line 7)
Motor vehicle emission abatement
Plant and equipment2
Residential systems 3
Agricultural business 4
On current account (line 8)
Private (line 9)
Motor vehicle emission abatement ,
Plant and equipment2
Residential systems 3
Agricultural business 4
Government enterprise (line 10)
Publicly owned electric utilities
Public sewer systems 5
Other

Government (line 12)
Federal (line 13)
Federal except highways
Highway erosion abatement
State and local (line 14)
State and local except highways
Highway erosion abatement
Government enterprise fixed capital (line 15) .
Publicly owned electric utilities
Public sewer systems 5

34,173
12,901
4,926
6,049
1,924
3
21,272
13,323
1,613
11,101
601
8
7,948
153
7,792
3
11,592

16,005 18,168

35,851 17,000 18,850

36,928 16,136 20,792

40,494 17,064 23,430

1,924
3
7,597 13,675
7,456 5,867
1,613
5,843 "ijsi
601
8
7,808
13
7,792
3

13,386
5,910
5,901
1,572
3
22,465
13,920
1,446
11,824
642
8
8,545
181
8,363
2

13,661 8,884 4,777
5,446 5,446
6,699 3,437
1,512
1,512
4
4
23,267 "7"252
13,768 7,091 16,015
817
817 6,677
12,260 6,273 '"5"985
682
682
10
10
9,500
9,338
173
11
9,325
9.325
3
3

15.540
5.578
8,554
1,405
3
24,954
14.521
301
13.497
714
9
10.432
168
10.262
2

9,820 5,720
5,578
4,243 ""4"312
1.405
3
7,244 17,710
7,083 7,438
301 . . _
6,783
714
9
10.272
8
10.262
2

341 11,252

11,433

275 11,158

11,599

12,368

289 12,079

772
765

707
500

8,408
4,926
3,482

4,493

"'£566

80

467

707
700
7
452

15
452
10,339
304
10,035

246
246

452
10,094
58
1,035

787
780
7

494
10
484
10,167
248
9,918

9,176
5,910
3,267

4.209

1,572
3
7,824 14,641
7,656 6,264
1,446
6,210
642
8
8,377
12
8,363

65

484
200
200

484
9,967
49
9,918

i

799
795
4
501
12
489
10,299
265
10,034

295 11,305
729
725
4
489
213 10,086
213
52
10,034

805
802
4
528
13
514
11,035
281
10,755

734
730
4
514
514
205 10,831
205
76
10,755

41,190

17,610

26.306
14,286
0
13,488
789
9
12.020
170
11.845
5

308 12,013

12,421

327 12,095

753
749
4
537

731
727
4
578
22
556
11,113
265
10,848

656
652
4
556

12,321
822
4
553
16
537
10,942
289
10,653

219
219

"""537
10.723
70
10.653

17.427 12.095
5.902 5,902
10,334 6,194
1.188

5,332

16,523 11,128 5,395
5,766 5,766
9,672 5,362
1,081
1,081
3
3
6,482 18,185
13,436 6,320 7,116
0
0
12,678 6.320 "6J358
749
749
9
9
11,231
162 11.069
176
162
14
11.052
11,052
3
3

6,571
6.411
0
6,411

'Ti40
1,188
3
19,735
7,875

'Tb'77

789
9
160 11,860
160
10
11,845
5

556
230 10,883
230
35
10,848

Millions of constant (1987) dollars
Business (line 28)
On capital account (line 29)
Motor vehicle emission abatement...
Rant and equipment2
Residential systems 3
Agricultural business 4
On current account (line 30)
Private (line 31)
Motor vehicle emission abatement
Plant and equipment2
Residential systems 3
Agricultural business 4
Government enterprise (line 32)
Publicly owned electric utilities
Public sewer systems 5
,
Other
Government (line 34)
Federal (line 35)
Federal except highways
Highway erosion abatement
State and local (line 36)
State and local except highways
Highway erosion abatement
Government enterprise fixed capital (line 37)
Publicly owned electric utilities
Public sewer systems 5

34,173

16,005

18,168

35,069 16,625 18,444

12,901
4,926
6,049
1,924
3
21,272
13,323
1,613
11,101
601
8
7,948
153
7,792
3

8,408 4,493
4,926
3,482 •"2,566
1,924
3
7,597 13,675
7,456 5.867
1,613
5,843 "5,257
601
8
7,808
13
7,792
3

13,018
5.791
5,677
1,548
3
22,051
13,598
1,437
11,557
598
7
8,453
182

5,791
3,138 "*2"539
1,548
7,696 14,355
7,526 6,073
1,437
"*5"467
598
7
170 8.283
12
170

11,592

341 11,252

11,044

787
780
7
467
15
452
10,339
304
10,035

707
700
7
452

738
732
6
441
10
431

246
246

452
10,094
58
1,035

4,089

37,309 15,877 21,432

39,074 16,596 22,478

15,033 10,082 4,950
5,268 5,268
8.755 4,814 "3.941
1,007
1.007
3
3
22,276 5,795 16,482
11.860 5.S44 6,216
0
11.268 5,644 5623
586
586
7
10,416
150 10,266
12
162
150
10,251
10,251
3
3

15,575 10,782 4.794
5,244 5,244
9,240 5.538 "3702
1,088
1.088
3
23.499 5,814 17,685
12.402 5,664 6,738
0
0
11.810 5,664 "'6"i46
584
584
8
11,097
151 10,946
159
151
10,934
10.934
4
4
10,800

8,411
5,226
3,184

4,510

21,891
12,916
737
11,578
594
8
8,975
170
8,803
2

1,461
3
6,862 15,029
6.702 6,214
737
5.964 '"5"613
594
8
160 8,815
160
10
8.803
2

263 10,781

10,895

271 10,625

11,331

258 11,073

10,889

271 10,618

675

736
732
4
505
11
495
9,655
243
9,412

670
666
4
495

718
715
4
536
11
524
10,077
254
9,822

62

656
653
4
524

652
648
4
562

185
185

524
9,692
70
9,822

715
711
4
575
14
562
9,599
259
9,340

431
431
9,676
47
9,629

p Preliminary.
* Less than $500,000.
1. Consists of air and water pollution abatement expenditures only.
2. Consists of manufacturing companies and of privately and cooperatively owned electric utilities and other nonmanufacturing companies.
3. Consists of private septic systems and sewer connections linking household plumbing to street sewers.




37,209 15,772 21,437

12,921
5,226
6,230
1,461

14,477
5,276
7,862
1,337
3
22,732
13,139
218
12,327
588
7
9,592
160
9,430
2

190
190
9,629

34,812 15,273 19,539

195
195

'"3"646

495
9,460
48
9,412

9,155
5,276
3,879

5.323

154
154

9.439
7
9,430
2

83
1.337
3
6,618 16.114
6,464 6.675
218
6,247 '"6.081

195
195

562
9,404
65
9,340

624
4
631
18
613
9.540
235
9.305

285 10,514
565
560
4
613
203
203

"613
9,337
32
9,305

4. Feedlot operations only; see footnote 1 to table 7.
5. Public sewer systems consist of treatment plants, collection sewers, interceptor sewers, pumping stations, and
dry-waste disposal plants. Spending to operate public sewer systems is classified in the national income and product
accounts as business spending. Government enterprise purchases of fixed capital (primarily for construction of public
sewer systems) is classified in the national income and product accounts as government spending.
NOTE.-Une numbers refer to those in table 7.

SURVEY OF CURRENT BUSINESS

May 1994

U.S. Business Enterprises Acquired or Established
by Foreign Direct Investors in 1993
By Mahnaz Fahim-Nader

Joseph F. Cherry,
in, assisted by
Michelle L. Games,
Erik A. Kasari,
Edward J. Kozerka,
Nicole Leiker, and
Deborah A.
Martin, conducted
the survey from
which the data
were drawn.
Angela Roberts
programmed the
tables.

(j N 1993, after declining for 4 years, outlays by
1 foreign investors for acquiring and establishing U.S. business enterprises increased sharply.
The outlays, which consist of those made directly
and those made through existing U.S. affiliates,
increased 71 percent, to $26.2 billion from $15.3
billion in 1992 (table 1).1
The data are limited to U.S. business enterprises that had total assets of over $1 million
or that owned at least 200 acres of U.S. land
in the year they were acquired or established.
U.S. enterprises that did not meet these criteria
were required to file partial reports, primarily for
identification purposes, but the data from these
reports are not included in the accompanying tables. For 1993, total assets of the U.S. enterprises
that filed partial reports were only $102.3 million,
or about 0.1 percent of the total assets of $97.1
billion of the U.S. enterprises that met the criteria
for filing a complete report.
Outlays financed with funds from foreign parents, rather than from U.S. or other foreign
sources, increased $4.0 billion, contributing to
the sharp overall increase in net capital inflows for foreign direct investment in the United
States recorded in the U.S. balance of payments
accounts.2 The rate of increase in outlays was
1. These data are from BEA'S annual survey of new foreign direct investments in the United States, which covers (1) existing U.S. business enterprises
in which foreign investors acquired, directly or through their U.S. affiliates, at
least a 10-percent voting interest, and (2) new U.S. business enterprises established by foreign investors or their U.S. affiliates. Acquisitions of additional
equity or voting interests in existing U.S. affiliates are not covered.
2. In addition to outlays from foreign parents to acquire or establish U.S.
affiliates, net capital inflows for foreign direct investment in the United States

roughly in line with that in overall merger and
acquisition activity in the United States.3 However, despite the increase, outlays remained well
below the levels of 1987-90, when they ranged
from $40 billion to over $70 billion.
By industry, increases in outlays were particularly large in manufacturing, services, and retail
trade. Outlays decreased in real estate and "other
industries."
By country of ultimate beneficial owner (UBO),
increases in outlays were largest by UBO'S in the
United Kingdom and Canada; the United Kingdom alone accounted for over 60 percent of the
total increase.4 Outlays for Japan declined for the
third year in a row.
The 71-percent increase in outlays in 1993
followed a 40-percent decrease in 1992. The
turnaround was partly attributable to a number
of factors that increased foreign investors' ability
and incentive to invest in the United States. First,
the economic expansion in the United States
that began in early 1991 continued through 1993.
reflect (and in 1993 were largely accounted for by) foreign parents' financing
of their existing U.S. affiliates.
3. A Securities Data Company news release dated December 31, 1993,
indicates that the "total deal value" of all U.S. companies targeted for merger
and acquisition increased 80 percent in 1993.
4. The transactions discussed in this article are classified by country of
UBO. The UBO is the first person in the ownership chain of the acquired
or established U.S. business, beginning with the foreign parent, that is not
owned more than 50 percent by another person. The foreign parent is the
first foreign person in the ownership chain. The country of UBO is often the
same as that of the foreign parent, but it may be a different foreign country
or the United States. "Person" is broadly defined to include any individual, corporation, branch, partnership, associated group, association, estate,
trust, or other organization and any government (including any corporation,
institution, or other entity or instrumentality of a government).

Table 1.—Investment Outlays, Investments, and Investors, 1987-93
Outlays (millions of dollars)
1987
inv©sun6ntSi loicu •••••«••

«•••*

•

Acquisitions
kstsDHsniuBnis ......

Investors, total
Foreign direct investors
U.S. affiliates




'Revised.
p Preliminary.

•

•••

1988

1989

1990

1991

Number
1992"

1993"

1987

1988

1989

1990

1991

1992"

1993"

40,310 72,692 71,163 65,932 25,538
33,933 64,855 59,708 55,315 17,806
6,377 7,837 11,455 10,617 7,732

15,333 26,182
10,616 23,055
4,718 3,126

978
543
435

1,424
869
555

1,580
837
743

1,617
839
778

1,091
561
530

941
463
478

1,009
553
456

40,310 72,692 71,163 65,932 25,538
11,773 18,569 22,538 14,026 8,885
28,536 54,123 48,625 51,906 16,653

15,333 26,182
4,058 6,596
11,275 19,586

1,051
480
571

1,542
566
976

1,742
727
1,015

1,768
670
1,098

1,220
438
782

1,019
350
669

1,171
379
792

SURVEY OF CURRENT BUSINESS

Second, business conditions remained poor in
many foreign countries, but they improved significantly in the United Kingdom and Canada,
traditionally two of the largest investor countries; as a result, the earnings of companies in
these countries (and therefore the funds available to them for investing in the United States)
increased. Third, borrowing conditions in the
United States improved in 1993, as evidenced by
the decline in long-term U.S. interest rates and
the increase in new foreign bond issues to record
levels here. In addition, foreign multinational
companies' desire to expand geographically and
to gain additional markets in industries that complement their core businesses led to a number of
acquisitions of U.S. companies. Some of these
companies were acquired when U.S. conglomerates divested themselves of companies that were
unrelated to their core businesses.
As in past years, acquisitions of existing companies, rather than establishments of new companies, accounted for most of total outlays (88
percent) in 1993. Large investments did not dominate outlays to the extent that they have in some
years, but they played a more prominent role in
1993 than in 1992. In 1993, 49 investments of
$100 million or more accounted for 73 percent of
outlays; among these were two investments of $1
billion or more. In contrast, in 1992, there were
no investments of $1 billion or more and only 28
Table 2.1.—Number of Investments by Size of Outlays,
1987-93
1988

1989

1990

1991

978

1,424

1,580

1,617

1
5

5
7

4
6

70
291
611

98
429
885

110
483
977

1987
Total
$2 billion or more
$1 billion—$1.9 billion ...
$100 millk>n-$999
$10 miHion—$99 million
Less than $10 million ..

1992 '

1993"

1,091

941

1,009

5
6

1
1

0
0

1
1

74
499
1,033

45
273
771

28
252
661

47
281
679

'•Revised.
f Preliminary.

5. The estimates for 1991 of nonbank affiliates' employment and of
manufacturing affiliates' assets, as well as their shares in the comparable
all-U.S.-business totals, are from "U.S. Affiliates of Foreign Companies: Op-

Table 2.2.—Percent Change from Preceding Year in
Investment Outlays and Number of Investments, 1988-93
1988
Investment outlays
Number of investments
Addenda:
Percent of total outlays
accounted for by:
Investments of $1 billion
or more
Investments of $100
million or more
r

Revised.

" Preliminary.




1989

1990

1991

1992"

investments of $100 million or more (tables 2.1
and 2.2). The 28 investments accounted for 42
percent of outlays.
U.S. affiliates that were newly acquired or
established in 1993, nearly all of which were nonbank affiliates, employed 313,000 persons. By
comparison, all nonbank U.S. affiliates employed
4.8 million persons in 1991, the latest year for
which such data are available; total nonbank affiliate employment, in turn, accounted for 5.2
percent of total employment by all nonbank U.S.
businesses in 1991.5
Newly acquired or established affiliates had total assets of $97.1 billion in 1993, of which $86.2
billion was held by nonbank affiliates. By comparison, total assets of all nonbank U.S. affiliates
at yearend 1991 were $1,744 billion. In manufacturing, the only industry for which comparable
all-U.S.-business data on assets are available, total
assets of newly established or acquired affiliates were $15.8 billion in 1993; by comparison,
total assets of all manufacturing affiliates were
$516.7 billion in 1991, or 19.2 percent of total U.S.
manufacturing assets.
The estimates for 1993 are preliminary and will
be revised next year. Estimated outlays for 1992
have been revised from $13.5 billion to $15.3 billion (tables 1 and 2.1). The largest revisions in
outlays were in services (up $0.5 billion), banking
(up $0.5 billion), primary and fabricated metals (up $0.4 billion), and machinery (up $0.3
billion).6
The remainder of this article consists of two
parts. The first part discusses investment transactions by industry, by country, and by source of
funding; the second part presents selected data on
the operations of the U.S. businesses acquired or
established. In the discussion, information from
outside sources, mainly press reports, has been
used to assist in the analysis and interpretation
of the survey results.

erations in 1991," SURVEY OF CURRENT BUSINESS 73 (May 1993): 89-112.

1993"

80
46

-2
11

-7
2

-61
-33

-40
-14

71
7

40

36

40

12

0

19

78

74

73

59

42

73

Preliminary estimates for 1992, which will be based on the 1992 benchmark
survey of foreign direct investment in the United States, are scheduled for
publication in the SURVEY this summer.
6. The revision in banking largely reflected a change in industry definition: In previous estimates, "banking" was primarily composed of
commercial banks; most other depository institutions, such as savings institutions and credit unions, were included in "finance (except banking)."
Beginning with the estimates for 1992 published in this article, "banking"
covers all depository institutions. Thus, savings institutions and credit unions
have been reclassified from "finance (except banking)" to "banking." About
$0.4 billion in outlaysfromfinance(except banking) were redassified to banking. Without the rectification, estimates of outlays in banking for 1992
would have been revised up $0.1 billion instead of $0.5 billion, and those of
outlays in finance (except banking) would have been revised up $0.2 billion
rather than revised down $0.2 billion.

May 1994 • 51

SURVEY OF CURRENT BUSINESS

52 • May 1994

Table 3.—Investment Outlays by Type of Investment and Investor, by Industry of U.S. Business Enterprise, 1992-83
[Millions of dollars]
1992r

1993"

By type of investment
Total

All Industries .
Petroleum
Petroleum and coal products manufacturing ....
Other
Manufacturing .

Acquisitions

By type of investor

Establishments

Foreign direct investors

15,333

4,718

463

30
0
30

<£

1,432

By type of investment

U.S. affiliates
11,275

3,992

Total

Acquisitions

139
10
128

Chemicals and allied products
Industrial chemicals and synthetics
Dnjgs
Soap, cleaners, and toilet goods
Other

150
78
<

Primary and fabricated metals .
Primary metal industries
Ferrous
Nonferrous
Fabricated metal products ...

23,056

3,126

6,596

19,586

708

65

31
7
24

743

12,418

11,955

Other manufacturing
Textile products and apparel
Lumber, wood, furniture, and fixtures
Paper and allied products
Printing and publishing
Newspapers
Other
Rubber products
Miscellaneous plastics products
Stone, clay, and glass products
Transportation equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Other

508
2

8
0
0
0
0
0

5,651

223

1,299

8
7
4
3
2
2
0
0
225
8
0

0

1,071

1,464
337
58
278
1,128

1,672
404

206
51
184
71

0
0
310

298
32
3
0
37
43
24
40
0
119

170

1,390

36

1,036

80

Retail trade
General merchandise stores
Food stores
Apparel and accessory stores ....
Other
Banking1

n
290
3
0
0
7
0
7
178
6
3
3
78
17
460

166
12
12
8
16
40
4
30
1
44

cidOtTICdl 0 0 0 0 8 •••••••••••••••••••••••••••••••••••••••••••••••#•••••••••••#••

443
397
46
45
3
43

n

()
22
20
2
23
13

Machinery, equipment, and supplies
Other durable goods
Groceries and related products
Farm-product raw materials
Other nondurable goods

1,383
646
738

P)

218
19
10
6
3

Wholesale trade
Motor vehicles and equipment
Professional and commercial equipment and supplies .
Metals and minerals, except petroleum

h
11,469

463
7
0
7

1,165

242
223

U.S. affiliates

774

347
347
0
46

Machinery
Machinery, except electrical
Office and computing machines
Other .
Electric and electronic equipment
Audio, video, and communications equipment .
Electronic components and accessories
Other

Foreign direct investors

26,182

6,014
Food and kindred products .
Beverages

By type of investor

Establishments

Finance, except bankingl

539

692

473

Insurance

171

361

560

Real estate

1,762

629

Services
Hotels and other lodging places
Business services
,
Computer and data processing services .
Other business services.
Motion pictures, including television tape and film
Engineering, architectural, and surveying services
Accounting, research, management, and related services .
Health services
Other services
Other Industries
Agriculture, forestry, and fishing
Mining
Ooai
Other
Z ! ! ! Z Z
Construction
Transportation
Communication and public utilities

1,834

!

'Revised.
pD Preliminary.
Suppressed to avoid disclosure of data of individual companies.




340
225
53
7
46
7
0
6
2
48
267
52
35
7
28
0
14
165

981
1,367
157
329
179
149
0

8
54
692
6
9
0
9
15

774
1,279

84
2

19

* Less than $500,000.
1. Beginning with 1992, savings institutions and credit unions have been reclassified from "finance, except banking" to 'banking." See footnote 6 in text for further explanation.

SURVEY OF CURRENT BUSINESS

Investment Transactions
In 1993, outlays resulting from acquisitions of
existing U.S. businesses were $23.1 billion, and
those resulting from the establishment of new
U.S. businesses were $3.1 billion (table 3). Most
of the outlays were made by existing U.S. affiliates
($19.6 billion) rather than by the foreign direct investors themselves ($6.6 billion); however, some
of the outlays made by existing U.S. affiliates were
financed with funds provided by foreign parents
or other members of the foreign parent groups.7
(Transactions by source of funding are discussed
in more detail later in the article.)
By industry
By industry of the U.S. businesses acquired or
established, outlays in manufacturing, at $12.4
7. Foreign parent groups consist of the foreign parents and their foreign
(non-U.S.) affiliates.

May 1994

billion, were the largest (table 4).
Within
manufacturing, outlays were largest in chemicals and allied products, machinery, and "other
manufacturing/'
In chemicals, outlays were $5.7 billion. Four
investments dominated the transactions. First, a
U.S. affiliate of a British company acquired an
industrial-chemicals producer. Second, a U.S.
affiliate of a German company acquired a drug
manufacturer. Third, a U.S. affiliate of a British
company acquired the chemical-products business of a U.S. drug manufacturer that, like several
other large U.S. drug companies, was divesting
itself of operations outside its core health-care
business. Fourth, a U.S. affiliate of a Swiss company acquired a toiletry manufacturer. In two
other sizable transactions, a U.S. affiliate of a
British company established a joint venture with a
chemical company, and a U.S. affiliate of a French
company acquired a drug manufacturer.

Table 4.—Investment Outlays by Industry of U.S. Business Enterprise and by Country of Ultimate Beneficial
Owner, 1987-93
[Millions of dollars]
1988

1987
Total
By industry:
Petroleum
Manufacturing
Food and kindred products
Chemicals and allied products
Primary and fabricated metals
Machinery
Other manufacturing
Wholesale trade
Retail trade
Banking1
Finance, except banking l
Insurance
Real estate
Services
Other industries
By country2:
Canada
Europe
France
Germany3
Netherlands
United Kingdom
Other Europe
Latin America and Other Western Hemisphere
South and Central America
Other Western Hemisphere
Africa
Middle East
Asia and Pacific
Australia
Japan
Other Asia and Pacific
United States 4
Addenda:
European Communities (12) 5
OPEC*

1993"

1992'

40,310

72,692

71,163

65,932

25,538

15,333

26,182

1,107
19,751
4,177
4,041
1,091
2,834
7,608
1,271
1,212
924
1,604
165
4,765
7,630
1,881

4,740
36,136
3,287
2,918
3,394
7,737
18,800
2,454
8,022
1,800
972
5,855
3,518
5,597
3,597

1,189
35,958
6,515
11,584
3,545

1,141

702
11,461

997
7,518
2,447
3,795
9,141
1,676
1,250
897
2,121
2,093
7,771
19,369
5,716

1,247
2,897
797
4,929
1,591
623
1,605
482
2,199
2,102
3,823
2,256
284

463
6,014
404
1,644
1,187
1,002
1,778
698
256

774
12,418
1,387
5,729
1,388
1,952
1,962
758
1,560
1,071
1,166
921
1,610
3,934
1,971

1,276
25,517
2,044
4,664
391
15,142
3,276
1,483
355
1,128

11,360
37,173
4,199
2,090
2,214
22,559
6,111

4,403
40,724
3,469
2,435
3,629
23,047
8,144
1,084
650
434

3,430
36,011
10,217
2,363
2,247
13,096
8,088
796
399
397

3,454
13,994
4,976
1,922
1,661
2,169
3,266
375
108
267

1,351
8,344
406
1,964
1,331
2,255
2,388
1,438
1,152

286

3,999
17,127
1,078
3,140
1,528
9,031
2,350
779
545
234

24,530
4,574
17,410
2,546

23,170
1,412
19,933
1,825

6|5
251
5,357
952

3,716
164
2,921
631

2>44
125
1,848
771

n

n

33,869
430

30,741
387

12,007
1,119

6,862
458

561

10,928
2,691
7,006
1,231

n
22,895
1,077

' Revised.
'D Preliminary.
Suppressed to avoid disclosure of data of individual companies.
1. Prior to 1992. "banking" excludes, and "finance, except banking" includes savings institutions
and credit unions. Beginning with 1992, savings institutions and credit unions have been reclassified from "finance, except banking"to"banking." See footnote 6 in text for further explanation.
2. Where more than one investor participated in a given investment, each investor and each
investor's outlays are classified by country of each ultimate beneficial owner.
3. Prior to 1990, this line includes data only for the Federal Republic of Germany. Beginning




1991

1990

187
296
1,613
21,819
4,556
16,188
1,075

(°)

33,737
1,919

4,346
2,634
1,861
349
4,186
1,901
6,438
10,058
6,587

529
797
291
2,161
2,023
2,101

in 1990, this line also includes the former German Democratic Republic (GDR). This change has
no effect on the data because, prior to 1991, there were no U.S. affiliates of the former GDR.
4. See footnote 4 in text for explanation.
5. European Communities (12) comprises Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, and the United Kingdom.
6. OPEC, the Organization of Petroleum Exporting Countries, comprises Algeria, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Before January 1, 1993, Ecuador was also a member of OPEC; its data are included
in this line through 1992.

•

53

SURVEY OF CURRENT BUSINESS

54 • May 1994

In machinery, outlays were $2.0 billion. Two
transactions were particularly large. One was
the acquisition of an electrical-products business of a U.S. company by a U.S. affiliate of
a German company; the U.S. company's divestiture of the unit reflected its strategy of
concentrating more on its core telecommunications operations. In the other transaction, an
Israeli company acquired a computer and office
equipment company.
In "other manufacturing," outlays were $2.0
billion. The largest transaction was the acquisition of a paper-products company by a U.S.
affiliate of a British company.
In the remaining manufacturing industries,
outlays were $1.4 billion in both primary and fabricated metals and food and kindred products.
In metals, a U.S. affiliate of a Canadian company
acquired a heating equipment manufacturer, and
a U.S. affiliate of a British company acquired a
hardware-products manufacturer.
In food, five transactions dominated. A U.S.
affiliate of a British company acquired a beverages
company, and a U.S. affiliate of a Netherlands
company acquired two dairy-products companies. Two U.S. affiliates of a British company
each acquired a company: One acquired a beverages company, and the other acquired a producer
of grain mill products.
Outside manufacturing, outlays were largest, at
$3.9 billion, in services. Among the largest investments, a Canadian company acquired a minority
interest in a company in the motion picture and
television industry, a U.S. affiliate of a Japanese
company acquired an educational services company, and a U.S. affiliate of a German company
acquired a computer services company. Another large transaction was an Asian investor's
acquisition of a hotel.
Outlays ranged from $1.0 to $2.0 billion in
"other industries," real estate, retail trade, finance
(except banking), and banking. In the largest
transactions in "other industries," a U.S. affiliate
of a British company acquired two mining companies, a British company acquired a minority
interest in an air transportation company, and
a U.S. affiliate of a British company acquired a
gas company. In real estate, the largest transactions were by Japanese and Netherlands investors.
In the largest transactions in retail trade, a U.S.
affiliate of a Middle Eastern company acquired
a retailer, and a U.S. affiliate of a Venezuelan
company acquired a food store chain. In finance (except banking), the largest transaction
was a Netherlands compan/s acquisition of a




franchising company. In banking, three acquisitions dominated—one by a U.S. affiliate of a
British bank and the other two by a U.S. affiliate
of a Spanish bank.
By country
In 1993, ultimate beneficial owners (UBO'S) in
European countries accounted for $17.1 billion,
or 65 percent, of total outlays, and UBO'S in
Canada accounted for $4.0 billion, or 15 percent.
Within Europe, most outlays were accounted for
by British, German, and Netherlands UBO'S. Outlays of Japanese UBO'S, at $1.8 billion, were the
lowest since 1985. UBO'S in 15 countries had at
least one investment of $100 million or more.
(Most of the transactions covered in this section were mentioned in the preceding section on
outlays by industry.)
Outlays of British UBO'S in 1993 were $9.0
billion—four times outlays in 1992 (tables 5.1
and 5.2). The increase probably partly reflected
the economic recovery in the United Kingdom.
The largest transaction by British UBO'S was the
acquisition of the industrial-chemicals company.
In addition, all four of the largest transactions
in "other industries" were by British UBO'S; of
these, the largest transaction was the acquisition
of one of the two mining companies. Other sizable British acquisitions were in food and kindred
products, banking, and "other manufacturing."
Outlays of German UBO'S were $3.1 billion, up
from $2.0 billion. The largest transaction was
the acquisition of the electrical-products business. Other sizable German acquisitions were
in chemicals, finance (except banking), "other
manufacturing," and services.
Outlays of Netherlands UBO'S were $1.5 billion,
up from $1.3 billion. Most of the 1993 outlays reflected the purchases of the franchising company
and the two dairy-products companies.
Outlays of Canadian UBO'S were $4.0 billion,
up from $1.4 billion. The largest investment
was the acquisition of a minority stake in the
company in the motion picture and television industry. In addition, Canadian UBO'S accounted
for the three largest acquisitions in primary and
fabricated metals.
Outlays of Japanese UBO'S were $1.8 billion,
down from $2.9 billion. The 38-percent reduction in outlays followed even sharper reductions
in 1992 and 1991 (45 percent and 73 percent,
respectively) and left outlays of Japanese UBO'S
at only a fraction of their 1990 peak of $19.9
billion. Among Japanese UBO transactions in
1993, the largest was the acquisition of the educa-

May 1994

SURVEY OF CURRENT BUSINESS

•

55

Table 5.1.investment Outlays, Country of Ultimate Beneficial Owner by Industry of U.S. Business Enterprise, 1992
[Millions of dollars]
Manufacturing
All
Petroleindustries
um

All countries

ChemiPrimary
Food
cals
and
and
and alMafabrikindred
lied
chinery
cated
prodprodmetals
ucts
ucts

Total

15,333

463

6,014

404

Canada

1,351

99

502

32

Europe

8,344

115

3,577

337

1,411

421

6

0
0
0
0
0

0
0
2
0
333

0
0
0
0
0

0
0
0
0
1

0
0
0
0

0
0
4
0
0

781
0

Austria
Belgium
Denmark
Finland
France
Germany
Ireland
Italy
Liechtenstein
Luxembourg
Netherlands

Norway
Spain
Sweden
Switzerland
United Kingdom
Other
Latin America and Other Western Hemisphere
South and Central America
Brazil

Mexico
Panama
Venezuela
Other
Other Western Hemisphere
Bahamas
Bermuda
Netherlands Antilles
United Kingdom Islands, Caribbean
Other
Africa
South Africa
Other
Middle East
Israel

9
406
1,964
17
228

1,331

ft
(D)
152
1,259
2,255
1
1,438

Asia and Pacific
Australia
Hong Kong
japan
Korea, Republic of
Malaysia
New Zealand
Philippines
Sinaaoore
TaiwaSi
Other
United States 2
Addenda:
European Communities (12) 3
OPEC 4
D

Suppressed to avoid disclosure of data of individual companies.
* Less than $500,000.
1. See footnote 1, table 3.
2. See footnote 4 in text for explanation.




0
0
0
0
0
0
0
0
0
115

1,223

0
456
4
0

ft
0
0
0

ft

n

0
0
0

8

ft

286
29
58

ft
151

ft
16

ft

ft

238

0
0
0
0
0
0
0

0

ft
3,716
164
338
2,921
20

102
45

0
0
0
0
0
0

n

ft

ft
0

6,862
458

115

ft

3,301

327

ft

1,187
30

ft

Wholesale
trade

Retail
trade

Banking »

Finance,
except
banking 1

291

256

529

87

41

5

ft

ft

665

743

183

160

ft

311

244

0
0
0
0
5

0
0
2
0

0
0
0
9

0
0
0
0
0

0
0
0
0
1

2
0
0
0
0

0
0
0
0

4
0
0
0
0

0
0
0
0
0

87
0
0
0
0
2

ft

1,778

ft

ft

ft

ft

ft

0
0

0
0

0
0
57

0
0

0
0
0

s

37
1

ft
ft

370
0
0
0
0

0

0
2
0
0

ft

ft

797

0
0
0
0

0

0
0
0
0
0
0

0
0
0
0
0
0

0
0
0
0
0
0

ft

0
0
0

0
0
0

0
0
0

0
0
0

0
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0
0
0
0
0

123
0
0

736

ft
ft

1
0
0

ft
0
0
0
0
0
0
0

5
230
0

ft

5
0
0

ft

0
0
0
0
0
0
0
249
"0

332
2

ft

ft

ft

4
0
4
0
0
0

0
0
0
21

ft

0
0
0

0
0
0
0
0
0
0
80
2
0
53

418
0

ft

165
8
0
0
0

ft

0
0
0
0
0

8

ft
ft

ft

83
0

3
0
2
0
0
1

1,052

0
0
0
0

0
0
0
0
0
0

ft

2,101

ft

0
0
0
0
0
0

ft

2,023

0

0
0
0
0
0

210
0

ft

2,161

Other
indus-

ft

129
0

31
1

Services

Insurance

ft

1,002

35
0
0
0
0
3

1

1,150

1,152
25
979
73

Kuwait
Lebanon
Saudi Arabia
United Arab Emirates
Other

0

1,644

Other
manufacturing

0
0
0

ft

ft
1,406

ft

387
0

600
0

582

ft

157
2

132
3

152
18

244
0

735
118

3. See footnote 5, table 4.
4. See footnote 6, table 4.
NOTE.—Data for 1992 are revised. 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 ultimate beneficial owner.

SURVEY OF CURRENT BUSINESS

56 • May 1994

Table 5.2.—Investment Outlays, Country of Ultimate Beneficial Owner by Industry of U.S. Business Enterprise, 1993
[Millions of dollars]
Manufacturing

All
Petroleindustries
um

Total

774 12,418
3 1,349
P) 10,130
0
0
0
0
0
0
0
71
4
369
2,146

All countries ,
Canada
Europe .
Austria
Belgium
Denmark
Finland

France

Germany
Ireland
Italy
Liechtenstein
Luxembourg
Netherlands
Norway
Spain
Sweden
Switzerland
United Kingdom
Other

ChemiPrimary
Food
cals
and
and
and alMafabrikindred
chinery
lied
cated
prodprodmetals
ucts
ucts
1,388

1,952

1,962

758

1,560

1,071

1,166

P)

999

P)

306

P)

2

0

5

1,355

5,638

365

1,457

1,314

268

740

P)

786

0
0
0
0
3

0
0
0
0

0
0
0
0

0
0
0

0
0
0

0
0
0
0

p)

p)

0
0
0
0
18

0
0
0
0
0

219

0

0

P)

P)

0
0
0

0
0
0
0
246
0

0
0

1

Bermuda
Netherlands Antilles
United Kingdom Islands, Caribbean .
Other

P)
0

Africa
South Africa
Other

P)
19
0
0

0
0
0
0
0
0

0
0
0
0

Other

P)
168
0
0
0
0

P)

0
0
0
0
0
0

0
0
0
0
304
0

9,684

P)

1,264
0

5,401
0

Real

921

918
0
0
0
0

p)

1,610
175
950
0
0
0
0
4

0

P)

P)

0
0
0

0
0
0
0

0
0
0
0

p)

P)

13
1,362

0

P)
P)

0
0

318
0
2
316
0
0
0
0
0
0
0

163
0
0
0
0

1,098

740

P)

1,058
0

781
0

93
0
0
72
0
0

P)
P)

P)
225
0

8

P)

0
0
0
0
0
0
0

P)

0
0
0

0
0
3
2

0
0
0

1,261

P)
1,548

0

0
0
0

325

1,394

1,971

0
0
0
0
0
0

o

P)

Other
industries

P)

0
0

119

365

Services

108
0
9
0
0

P)

P)
15,999
561

Insurance

0
0
0
0
0

6
0
6
0
0
0

0

0
0
0
0
0

0
1
0
0
38

125

P)

Suppressed to avoid disclosure of data of individual companies.
* Less than $500,000.
1. See footnoted table 3.
2. See footnote 4 in text for explanation.




P)

0
0
0
0
0
0

P)

United States 2

D

0
0

50
0
0
40

Taiwan

Addenda:
European Communities ( 1 2 ) 3 .
OPEC 4

P)
P)

0
0
0
0
0
0
0

0
0
0

Asia and Pacific
Australia
Hong Kong
japan
Korea, Republic of
Malaysia
New Zealand
Philippines
Singapore

0
3

0
0
0

P)

Middle East
Israel
Kuwait
Lebanon
Saudi Arabia
United Arab Emirates
Other

R

0
0

P)
o

Other Western Hemisphere ,

Finance,
except
banking*

P)

South and Central America
Brazil
Panama
Venezuela
Other

Banking *

Retail
trade

5,729

P)

Mexico

Wholesale
trade

1,387

P)

Latin America and Other Western Hemisphere

Other
manufacturing

830
50

1,521

P)

3. See footnote 5, table 4.
4. See footnote 6, table 4.
NOTE.—Data for 1993 are preliminary. 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 ultimate beneficial owner.

SURVEY OF CURRENT BUSINESS
tional services company. Other sizable Japanese
acquisitions were in finance (except banking),
wholesale trade, and real estate.
The declines in the outlays of Japanese UBO'S
stemmed from several factors in Japan and in the
United States. In Japan, the ability of investors to
finance new investments was constrained by the
continuing economic recession, a sluggish stock
market, reduced corporate profits, and the continued reluctance among banks to finance new
investments. In the United States, disappointing results from earlier investments by Japanese
UBO'S may have made Japanese investors more
cautious. In particular, investment in the real
estate industry—the industry in which Japanese
UBO'S have been the largest foreign investors—has
been dampened by reduced property values, depressed rental rates for commercial office space,
and high office vacancy rates. Japanese UBO'S accounted for less than one-fifth of total outlays in
real estate in 1993, down from nearly one-third
in 1991-92 and from over one-half in 1988-90.

May 1994 •

By source of funding
Of the $26.2 billion in total outlays in 1993,
$11.8 billion, or 45 percent, was provided by foreign parent groups. Although the level of funds
provided by foreign parent groups was up substantially from the 1992 level of $7.8 billion, these
funds accounted for a smaller share of total outlays in 1993 than in 1992 (table 6). These funds
were used to finance investments made both directly by foreign parents and indirectly through
U.S. affiliates. The increase in funds from foreign
parent groups contributed to the sharp overall
increase in net capital inflows for foreign direct
investment in the United States (FDIUS) in 1993.8
The remaining $14.4 billion, or 55 percent, of
1993 outlays was funded by U.S. affiliates from
sources other than their foreign parent groups.
For example, the U.S. affiliates may have bor8. In 1993, capital inflows for FDIUS were $31.5 billion, up from $2.4 billion
in 1992. The preliminary estimates of capital inflows for FDIUS in 1993 were
published in table 5 of "U.S. International Transactions, Fourth Quarter and
Year 1993," SURVEY 74 (March 1994): 74. Revised estimates will appear in
the June 1994 SURVEY.

Table 6.—Source of Funding of Investment Outlays, by Industry of U.S. Business Enterprise and by Country
of Ultimate Beneficial Owner, 1992-93
1993*

1992'
Millions of dollars

outlays
Total
By industry:
Petroleum
Manufacturing
Wholesale trade
Retail trade
Banking1
Finance, except banking*
Insurance
Real estate
Services
Other industries
By country2:
Canada
Europe
France
Germany
United Kingdom
Other
Latin America and Other Western Hemisphere
Africa
Middle East
Asia and Pacific
japan
Other
United States 3
Addenda!
European Communities (12) 4
OPEC 5
' Revised.
pD Preliminary.
Suppressed to avoid disclosure of data of individual companies.
1. See footnote 1, table 3.




15,333

Funds
from foreign parent groups

7,525

439
155

2$
259
101

64
1,283
1,132
473

1,351
8,344
406
1,964
2,255
3,719
1,438

613
4,310
299
909
1,309
1,793
735

P)
6,862
458

Other

7,808

463
6,014
698
256
529
797
291
2,161
2,023
2,101

:
3,716
2,921
795

Funds from
foreign parent groups
as a percent
of total

P)
183
1,947
1,557
390

n
3,363
200

Millions of dollars
Total
outlays

11,818

14,364

45

P)

274
6,016
408
377
131
626
781
607
1,666
932

500
6,402
350
1,183
940
540
140
1,003
2,268
1,039

35
48
54
24
12
54
85
38
42
47

1,685
7,674
656
1,438
3,488
2,092
321

2,314
9,453
422
1,702
5,543
1,786
458

42
45
61
46
39
54
41

n

9
22
59
56
23
45
52
74
46
58
48
51

3,999
17,127
1,078
3,140
9,031
3,878
779

61
63
61

P)
77
52
53
49

P)

P)

3,499
258

49
44

2. See footnote 2, table 4.
3. See footnote 4, table 4.
4. See footnote 5, table 4.
5. See footnote 6, table 4.

Other

26,182

528
227
878
891
1,628
738
4,034
107
1,055
946
1,926
703

P)

Funds from
foreign parent groups
as a percent
of total

51

774
12,418
758
1,560
1,071
1,166
921
1,610
3,934
1,971

55
1,769
1,364
405

Funds
from foreign parent groups

P)

P)

P)

1,369
2,744
1,848
896

751
1,308
813
495

618
1,436
1,035
401

P)

P)

P)

15,999
561

6,749
135

9,250
426

48
44
55

P)
42
24

57

SURVEY OF CURRENT BUSINESS

5 8 • May 1994

rowed funds from unaffiliated U.S. or foreign
persons, or they may have generated the funds
internally. In 1992, these other funding sources
financed 49 percent of outlays.
By industry, the percentage of financing by
foreign parent groups was significantly above
the all-industries average in insurance, finance
(except banking), and wholesale trade. It was
significantly below the average in banking, retail
trade, petroleum, and real estate.
By area, the percentage of financing by foreign
parent groups was above the all-countries average for UBO'S in the Middle East, was about in
line with the average for UBO'S in Europe, and
was below the average for UBO'S in "Latin America and Other Western Hemisphere" and Canada.
Within Europe, the share of French investment financed by foreign parent groups was significantly
above average, whereas the share of British investment financed by foreign parent groups was
significantly below average.
Selected Operating Data
The total assets of U.S. businesses acquired or
established by foreign direct investors were $97.1
billion in 1993, up from $35.7 billion in 1992
(tables 8.1 and 8.2). The assets of the businesses acquired in 1993, at $88.7 billion, were
substantially larger than those of the businesses
established, at $8.4 billion.
Most of the total assets of U.S. businesses acquired or established were accounted for by assets
in manufacturing and services. Within manufacturing, assets in chemicals and machinery were




Table 7.—Rates of Return on Sales of Newly
Acquired
U.S. Businesses, 1987-93 ]
Percent of affiliates with return on sales in the indicated
range2
Year of

Number
of affiliates

1987 ....
1988 ....
1989 ....
1990 ....
1991 ....
1992' ..
1993* ..

504
828
782
799
529
438
377

-20.0
percent
or less
8
9
12
13
11
11
14

-10.0
percent
to -19.9
percent

0.0 percent to
-9.9
percent

Over 0.0
percent
to 9.9
percent

4
4
4
7
6
7
6

25
19
22
21
23
24
22

50
49
42
40
42
38
41

10.0
percent
to 19.9
percent

20.0
percent
or more

8
11
10
10
10
9
11

r
Revised.
r Preliminary.
1. The figures in this table exclude investments in real estate, in which the return to investors
is often realized in a form other than current net income (for example, capital gains).
2. Rates of return are for the year prior to the year of acquisition.

largest. In services, assets in the motion picture
and television industry were largest.
U.S. businesses acquired in 1993 employed
306,000 workers. Manufacturing accounted for
the largest share of these employees (28 percent);
services and "other industries" also accounted for
large shares (26 percent and 22 percent, respectively). Newly established businesses employed
7,000 workers.
Foreign investors obtained 287,000 acres of U.S.
land as a result of acquisitions in 1993. Affiliates
in "other industries," mainly mining, accounted
for most of the acreage obtained. Foreign investors obtained 40,000 acres by establishing new
businesses, including purchases of real estate.
Net income.—As in 1991-92, U.S. businesses acquired by foreign investors in 1993 had losses

Data Availability
Only summary data are published in this article. A set
of supplementary tables containing detail on the number
of investments and investors for 1987-92 and on investment outlays and selected operating data for the newly
acquired or established businesses for 1987-93 will be
available in July for $18.00 from the Public Information
Office, Order Desk, BE-53, Bureau of Economic Analysis,
U.S. Department of Commerce, Washington, DC 20230.
Visa or MasterCard orders may be placed by telephone
at (202) 606-9827. When ordering, refer to the "BE-13
Supplementary Tables for the May 1994 SURVEY Article,"
Accession No. 50-94-20-105, and make checks payable
to the Bureau of Economic Analysis. Comparable tables for 1980-86, Accession No. 50-89-20-106, are also
available for $18.00.
In addition to the data on new foreign direct investments presented here, BEA also publishes estimates of
quarterly balance of payments flows and the annual di-

5
7
10
9
8
10
6

rect investment position for new and existing investments
combined. Summary estimates of quarterly balance of
payments flows appear in the "U.S. International Transactions" article in the March, June, September, and
December issues of the SURVEY. Summary position estimates appear in the June SURVEY. More detailed annual
estimates of both the flows and the position usually appear in the August issue. (In 1993, the additional detail
was published in July.)
Estimates covering the operations of U.S. affiliates of
foreign companies are also available from BEA. The most
recent estimates appeared in the May 1993 issue of the
SURVEY in "U.S. Affiliates of Foreign Companies: Operations in 1991"; preliminary estimates for 1992, which
will be based upon the 1992 benchmark survey of foreign
direct investment in the United States, are scheduled for
publication in the SURVEY this summer.

SURVEY OF CURRENT BUSINESS
in the year before they were acquired.9 However, the rates of profitability—measured as net
income per dollar of sales—varied considerably
among these businesses. Throughout 1987-93,
roughly 60 percent of acquired businesses were
profitable, and a substantial portion—for example, 17 percent in 1993 and 19 percent in
1992—had returns on sales of 10 percent or more
(table 7). 10 Although some large companies had
sizable losses, the profitable companies tended
to be among the larger affiliates that were acquired: In both 1993 and 1992, these companies
accounted for a somewhat larger share of the
assets of all acquired affiliates (65 percent and
62 percent, respectively) than they did of the
number of acquired affiliates.

somewhat more than one-half had rates between
zero and - 1 0 percent in both years, and somewhat fewer than one-half had rates below - 1 0
percent. Some foreign investors may have acquired unprofitable businesses in order to gain
access to the large U.S. market, to obtain advanced technologies or scarce raw materials, or to
realize scale economies or technological efficiencies in other parts of their worldwide operations.11
Other investors may have hoped to raise the profitability of the acquired businesses above their
pre-acquisition levels.12
Tables 8.1 and 8.2 follow. E3

Of the roughly 40 percent of the acquired businesses that had zero or negative returns on sales,
9. This discussion is limited to the net income of newly acquired businesses because the net income figures for newly established businesses are
not actual operating results but rather are projections for the first full year of
operations. The projections may not be realized, and even if they are, they
may reflect start-up costs and less-than-full production.
10. These figures exclude investments in real estate, in which the return
to investors is often realized in a form other than current net income (for
example, capital gains).




11. For a discussion of these and other possible reasons for low rates of
return on FDIUS, see "Rates of Return on Direct Investment," SURVEY 72
(August 1992): 79~86.
12. It has been argued that ownership changes are most likely to occur
when a business and its management are poorly matched; if so, a new management may eventually succeed in earning a higher return. For a summary
of this argument, in a slightly different context, see Robert H. McGuckin
and Sang V. Nguyen, "On Productivity and Plant Ownership Change: New
Evidence from the LRD," Bureau of the Census, Center for Economic Studies
Discussion Paper CES 93-15.

May 1994

•

59

60 • May 1994

SURVEY OF CURRENT BUSINESS

Table 8.1.—Total Assets, Sales, Net Income, Employment, and Acres of Land Owned by U.S. Business Enterprises Acquired
or Established, by Industry of U.S. Business Enterprise, 1992
[Millions of dollars unless otherwise indicated]
Total assets
of all U.S.
business enterprises acquired or established
All Industries
Petroleum
Petroleum and coal products manufacturing ...,
Other
.„
Manufacturing
Food and kindred products
Beverages
Other 7 .
Chemicals and allied products
Industrial chemicals and synthetics ..
Drugs
Soap, cleaners, and toilet goods .,
Omer
_....,
Primary and fabricated metals
Primary metal industries
Ferrous
Nonferrous
Fabricated metal products

Total

36,662

24,728

1,040

1,001

8

8

8^01

5,8*4
300
6
294

Sales1

Net
income

Number of
employees

21,498

120,601

7,509

-254
17

Total
assets

8
56,450
3,131

Number of
acres of
land
owned

Net
income

Sales1

10,923

4,914

114

0
38

7
0
7

-6
0
-5

20,882

93,391
0
0
1,810

2,306

128

O

17

1,793

53
-2
-11

7,573

P)
1,004

P)

4,151
-40

9,624
5,229

,
4,395

-11
-4
-9
2

7,921
3.468
588
2,880
4,453
421
2,097
1,935

-261

27,201

1
1

1,894

-23
-12
-24

12

Other manufacturing
Textile products and apparel
Lumber, wood, furniture, and fixtures
Paper and allied products
Printing and publishing
NewsoaDers

2.681

Rubber products
Miscellaneous plastics products ...
Stone, clay, and glass products ..,
Transportation equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Other

13

2,015

-4
-13

3,124

-8
-13

Wholesale trade
Motor vehicles and equipment
Professional and commercial equipment and supplies
Metals and minerals, except petroleum
tiootricdi QOOOS • ••••••••••*••••••••••••••••#•••••••••••»••••••••••••••••••
Machinery, equipment, and supplies
Other durable goods
Groceries and related products
Farm-product raw materials
Other nondurable goods

Banking

1,126

1
7,460

28

1,321

1,566

20

0
0

0

p)
p)

Real estate

Suppressed to avoid disclosure of data of individual companies.
* Less than $500,000 (±).
1. Sales, or gross operating revenue, excluding sales taxes.
2. See footnote 1, table 3.

99
0

0
0
0
0
0

-264
0

Insurance

Other Industries
Agriculture, forestry, and fishing
Mining
Coal .
Other
Construction
ransponauon
Communication and public utilities

7,102

2.021
1,425

Finance, except banking2

Services
Hotels and other lodging places
Business services
Computer and data processing services
Other business services
Motion pictures, including television tape and film
Engineering, architectural, and surveying services
Accounting, research, management, and related services
Health services
Other services

1,059

295
256

P)

6,139

Retail trade
General merchandise stores ..
Food stores
Apparel and accessory stores
Other
2

P)
4,146

1
0

OtherZI




Number of
acres of
land

1,184

Machinery
Machinery, except electrical
Office and computing machines
Other
Electric and electronic equipment
Audio, video, and communications equipment
Electronic components and accessories
Other

D

U.S. business enterprises established

U.S. business enterprises acquired

21,629
707

4,234

69,216
55,240

NOTE.-Oata for 1992 are revised. For acquired businesses, data are for, or as of the end of, the fiscal year
. . . . for, or as of' the
- end of,
preceding the year of acquisition; for newly established businesses, data are projections
Ke first L l year of
S

SURVEY OF CURRENT BUSINESS

May 1994

•

6l

Table 8.2.—Total Assets, Sales, Net Income, Employment, and Acres of Land Owned by U.S. Business Enterprises Acquired
or Established, by Industry of U.S. Business Enterprise, 1993
[Millions of dollars unless otherwise indicated]
Total assets
of all U.S.
business enterprises acquired or established
All Industries .

97,061

U.S. business enterprises established

U.S. business enterprises acquired

Total

88,701

Sales 1

51,635

Net
income

-1,910

Number of
employees

Number of
acres of
land
owned

305,950

Total

8,350

Sales 1

Net
income

4,121

Number of
employees

Number of
acres of
land

7,164

40,199

1,965
Petroleum and coal products manufacturing
Other
Manufacturing
Food and kindred products .
Beveraoes

Other?.
Chemicals and allied products
Industrial chemicals and synthetics
Drugs
Soap, cleaners, and toilet goods
Other

s

15,771

14,219

1,244
723
521
7,109

7,109

86,817

2,480

6,919
1,389
5,530

0
0
0

15,687

0
0
0
0
0
174

Primary and fabricated metals
Primary metal industries
Ferrous
Nonferrous
Fabricated metal products
Machinery
Machinery, except electrical
Office and computing machines
Other
Electric and electronic equipment
Audio, video, and communications equipment.
Electronic components and accessories
Other
L.
Other manufacturing
Textile products and apparel
Lumber, wood, furniture, and fixtures
Paper and allied products
Printing and publishing
NewsDaoers

0
0
0

1,373

0
0
0
0
0
464
0
0

2,456

1

OtherT..

0
0
0

Rubber products
Miscellaneous plastics products
Stone, clay, and glass products
Transportation equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Other.
..

157

Wholesale trade
Motor vehicles and equipment
Professional and commercial equipment and supplies .
Metals and minerals, except petroleum
Electrical goods
Machinery, equipment, and supplies
Other durable goods
Groceries and related products
Farm-product raw materials
Other nondurable goods
Retail trade
General merchandise stores
Food stores
Apparel and accessory stores
Other
Banking 2

4,234

Finance, except banking 2
Insurance
8,184
Services
noieis ana omer looging places •
Business services
Computer and data processing services
Other business services
Motion pictures, Including television tape and film
Engineering, architectural, and surveying services
Accounting, research, management and related services .
Health services
Other services
Other Industries
Agriculture, forestry, and fishing .
Mining .,
Coal
Other.
Transportation
Communication and public utilities ,
D

Suppressed to avoid disclosure of data of individual companies.
* Less than $500,000 (±).
1. Sales, or gross operating revenue, excluding sales taxes.
2. See footnote 1, table 3.




24,882
22,003

-42
NOTE.-Oata for 1993 are preliminary. 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 lull year of operation.

62

SURVEY OF CURRENT BUSINESS

May 1994

Benchmark Input-Output Accounts for the U.S. Economy, 1987:
Requirements Tables
THIS REPORT COMPLETES the presentation of the 1987 bench-

mark input-output (1-0) accounts for the U.S. economy. An
article in last month's SURVEY OF CURRENT BUSINESS discussed
the procedures used for the 1987 benchmark and described the
concepts and methods underlying the 1-0 accounts; it presented, and illustrated how to use, the 1-0 make table (table 1) and
use table (table 2).1 This report presents, and illustrates how
to use, the three remaining basic 1-0 tables: The commodityby-industry direct requirements for a dollar of industry output,
the commodity-by-commodity total requirements, direct and
indirect, for a dollar of delivery to final use, and the industry-bycommodity total requirements, direct and indirect, for a dollar
of delivery to final use.
The commodity-by-industry direct requirements table
The commodity-by-industry direct requirements for a dollar of
industry output table is presented in two parts: Table 3.1 shows
the input coefficients for each commodity that an industry requires to produce a dollar of output; table 3.2 shows component
detail for the value added input coefficients that an industry requires to produce a dollar of output. The input coefficients in
both tables are also referred to as "direct requirements coefficients." The coefficients for total intermediate inputs plus the
total value added for each industry equal 1.00000.
Tables 3.1 and 3.2 are derived from tables 2.1 and 2.2, respectively, by dividing each industry's commodity or value added
component by that industry's total output However, table 3.1,
unlike table 2.1, does not include the components of final uses
or gross domestic product.
In table 3.1, each column shows, for the industry named at the
head of the column, the input coefficients for the commodities
and for the total value added that an industry directly requires
to produce a dollar of output. Each row names the commodity
or the total value added that the industry requires. For example,
to produce a dollar of output, the radio and TV broadcasting
industry (column 67) has direct requirements for 1.60 cents (calculated as 100 X 0.01601 from the table) of the commodity radio
and TV broadcasting (row 67) and 0.28 cent of the commodity
advertising (row 73D).
In table 3.2, industries are shown in the rows, and total output,
total intermediate inputs, and the components of value added required to produce a dollar of output are shown in the columns.2
For example, to produce a dollar of output, the radio and TV
broadcasting industry (row 67) has direct requirements for 45.79
cents of value added; these requirements consist of 33.63 cents of
labor compensation, 2.04 cents of indirect business tax and non1. See "Benchmark Input-Output Accounts for the U.S. Economy," SURVEY 74 (April
1994): 73-H5.
2. For the caveats on using the value added estimates, see "Benchmark Input-Output
Accounts, 1987," 76.




tax liability, and 10.12 cents of other value added. The industry
has direct requirements of 54.21 cents for intermediate inputs,
which are shown in detail in column 67 of table 3.1.
The information in table 3.1 can be used with the make table
(table 1) to trace the changes in an industry's output, as well
as the changes in that industry's total requirements for other
industries' output, that result from a change in final uses of a
commodity. For example, tables 1 and 3.1 can be used to trace
the direct effects on all industries producing household appliances of a $1 million increase in sales of household appliances
to final users.
Table 1 shows that total output of the commodity household
appliances (column 54) was about $16 billion. The household
appliances industry (row 54) produced $15 billion, or 95 percent,
of this commodity, the audio, video, and communication equipment industry (row 56) produced $0.3 billion, or 2 percent, and 21
other industries produced the rest. Based on these proportions,
production in the household appliances industry would initially
increase $950,000 ($1,000,000 X 0.95) to meet the $1 million increase in household appliances sold to final users. Production
in the audio, video, and communication equipment industry
would increase $20,000 ($1,000,000 X 0.02), and production in
the 21 other industries would increase $30,000.
Table 3.1 can then be used to determine the commodities required by each industry to produce its share of the $1 million of
household appliances sold to final users. The commodities required by the household appliances industry will be traced first.
Column 54 in table 3.1 shows that the household appliances industry would require, in addition to other commodity inputs,
$4,921 ($950,000 X 0.00518) of household appliances (row 54); to
provide this commodity input, the industry's production would
have to increase an additional $4,675 ($4,921 X 0.95). Thus,
the increase in the production of the household appliances industry would be $954,675 ($950,000 for final users plus $4,675
for its own intermediate use). This production in turn would
require $71,085 ($954,675 X 0.07446) of primary iron and steel
manufacturing (row 37), $39,886 ($954,675 X 0.04178) of rubber and miscellaneous plastics products (row 32), and so on
down column 54 in table 3.1. From table 3.2, the value added required by the household appliances industry would total $409,823
($954>675 X 0.42928). Of this total, $227,489 ($954*675 X 0.23829)
is compensation of employees, $7,867 ($954,675 X 0.00824) is
indirect business tax and nontax liability, and $174,467 ($954,675
X 0.18275) is other value added.
The information in tables 1 and 3.1 now can be used to trace
the continuing repercussions on the output of other industries from the $954,675 of additional output produced by the
household appliances industry. For example, to supply the primary iron and steel manufacturing required by the household
appliances industry, the primary iron and steel manufactur-

SURVEY OF CURRENT BUSINESS
ing industry (column 37 in table 3.1) requires $5,995 ($39,886
X 0.15029) of its own products (row 37 in table 3.1) plus $585
($45,881 X 0.01275) of general industrial machinery and equipment (row 49), $976 ($45,881 X 0.02128) of coal mining (row
7), and so on. Similarly, all the other industries that produce
primary iron and steel manufacturing (column 37 in table 1) as
secondary products—for example, primary nonferrous metals
manufacturing (row 38 in table 1)—would also require commodities to produce their shares of the output of primary
iron and steel manufacturing that is required by the household
appliances industry.
Similarly, the continuing effects of each industry producing
its share of the $1 million of household appliances sold to final users can be traced, and the increase in production required
from each industry can be derived. For each industry producing household appliances, either as a primary product or as a
secondary product, the direct requirements coefficients corresponding to that same industry are used from tables 3.1 and 3.2.3
For example, for household appliances as a primary product of
the household appliances industry, the direct requirements coefficients from column 54 in table 3.1 are used; for household
appliances as a secondary product of the audio, video, and communication equipment industry, the coefficients from column
56 are used.
Alternatively, the total commodity and industry outputs resulting from changes in final uses can be calculated more easily
from the total requirements tables. These tables—which combine the information shown in tables 1, 3.1, and 3.2—completely
trace and summarize the continuing repercussions of a dollar
change in final use of a specified commodity.

May 1994 •

The commodity-by-cotntnodity total requirements table
The commodity-by-commodity total requirements table (table 4)
shows the inputs for each commodity that are directly and indirectly required to deliver a dollar of the commodity to final
users. The head of each column names the commodity delivered to final users, and each row shows the total production of
the commodity that is required. The coefficients in this table
are referred to as "commodity-by-commodity total requirements
coefficients." The table is derived from both the make and use
tables.4
In the household appliances example, the total requirements
for each commodity can be calculated from the entries in column 54. Providing consumers with $1 million of household
appliances would require $1,005,120 ($1,000,000 X 1.00512) of
household appliances (row 54) from all industries. Similarly,
it would require $24,830 ($1,000,000 X 0.02483) of paperboard
containers and boxes (row 25), $41,080 ($1,000,000 X 0.04108)
of plastics and synthetic materials (row 28), and so on.
The total at the bottom of each column in table 4 is the sum
of all the changes in commodity outputs that are required to
deliver a dollar of a commodity to final users. Because each
total change is a dollar multiple of the initial dollar spent for
the output of the given commodity, the total change in output
is often called the total commodity output multiplier.
The total commodity output multipliers can be used to estimate the impact of changes in the final uses of commodities
on total commodity output. For example, for the household
appliances commodity (column 54), the total commodity out4. The derivation of this table and the industry-by-commodity total requirements table
is available on the diskettes that are offered for sale (see the box below).

3. For a discussion of the "industry-based technology assumption," which underlies this
approach, see "Benchmark Input-Output Accounts, 1987," 82.

Text continues on page 86.

Data Availability
The estimates from the 1987 benchmark 1-0 accounts are available on diskette at two-digit (95 1-0 industries) and six-digit (480
1-0 industries) levels. They can be ordered for "transactions," for
"total requirements," or for "all." "Transactions" includes the sixdigit make table, use table, direct requirements coefficients table,
and estimates by commodity of transportation costs and of wholesale and retail trade margins. "Total requirements" includes six-digit
industry-by-commodity or commodity-by-commodity coefficients.
Products specifying "all" contain all above data, but for the two-digit
1-0 industry level only. Each product includes information on the
mathematical derivation of the coefficients tables. The BEA accession
numbers and the prices for these products are listed below.
For further information about 1-0 products or when ordering
by MasterCard or Visa, call the Interindustry Economics Division
at (202) 606-5585. To order by mail, write to the Public Information Office, Order Desk, BE-53, Bureau of Economic Analysis,
U.S. Department of Commerce, Washington, DC 20230. Specify
the item, accession number, and price of the product. For foreign shipment, add 25 percent to the total amount of the order.
A check or money order payable to "Bureau of Economic Analysis" must accompany all written orders. Be sure to include a
return address.




63

Item

BEA accession

Price

number
Diskettes (3 1/2 inch HD)
1987 benchmark six-digit, transactions (three diskettes)
1987 benchmark six-digit, industry-by-commodity
total requirements (two diskettes)
1987 benchmark six-digit, commodity-by-commodity
total requirements (two diskettes)
1987 benchmark two-digit, all
1987 benchmark commodity composition of
NIPA final demand
1987 benchmark personal consumption expenditures
and producers durable equipment by NIPA
category

51-94-40-001

$40

51-94-40-002

40

51-94-40-003
51-94-40-004

40
20

51—94—40—005

20

51-94-40-006

20

BEA'S 1987 benchmark 1-0 accounts, at both the two-digit and sixdigit levels, are also available on CD-ROM through the Commerce
Department's National Economic, Social, and Environmental Data
Bank (NESE-DB) CD-ROM. The NESE-DB CD-ROM is produced quar-

terly in February, May, August, and November. Call the Office of
Business Analysis at (202) 482-1986 for more information or to place
an order. The NESE-DB CD-ROM is available for public use at over

900 Federal Depository Libraries.

SURVEY OF CURRENT BUSINESS

64 • May 1994

Table 3.1.—Commodity-by-lndustry
[Direct requirements per dollar

For the composition of inputstoan industry, read the column for that industry

Livestock
and
livestock
products

Other
cultural
products

Forestry
and
fishery
products

Agricultural,
forestry,
and fishery
services

26B
27A
27B
28
29A
29B
30
31
32

33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52
53
54
55

56
57
58
59A
59B
60
61

62
63
64
65A
65B

65C
650

65E
66

67
68A
68B
68C

70A
70B
71A
71B
72A
72B
73A
73B

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

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining

0.19224
57179

0.01826
.04444

0.00355

.04576

.07542

.02250
.17281

.00007

.00292

"".66524

'".66819

0.05633
.09409
.00144
.00037

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

Value added
Total

* Less than .000005.




Crude
petroleum
and
natural
gas

Nonmetallic
minerals
mining

Construction

8

9+10

11+12

'"i'67'2'4

.00010

.00106

"".66i'27
.00766

.01111
.00394
.04090

"".61299

'"".01285

""66i5O

.00018

.00960

.00515

.66651
""66629

.00030

.66162 "".66414
.00041

.00340

.00125
.00006
.00010
.00011
.00117
.00162

.00160
.00384
.00012
.00012
.00074
.05311

.666i3
.00017
.00007
.00539
.00181
.00535

.00227
.00062
'66383
.00186
.00029
.00007

'66615

"".66355
.00047
.00834
.00014
.00109
.00033
.13389

.00002

"".66669

0
!5oTi5

.00056
.03948
.00026
.00024

00968
.00160
.00011
.00045
.00055

.00018

f)

.00032

"".63484

.00781
.00007
.00055
.00002

.00003

"".66662 "".66664

.00015

.00070

.00027

.00031
.00184
.00059
.01700
.00003

60284
.00019
.00036
.05417
.00205
.00191
.00007
.00008
.00033
.00212
.00001

66612

.60662

""66031
'66557 ""60242

.00005

.00012
.00003
.00004
.00047
.02993
.00013

.00033

.00009
.00002
.00003
.00038
.00994

.01861
.01205
.00021
.00339
.01972
.00220

.01534
00969
.00001
.00001
.00316
.00075
.00052

.00633
.00510
.00125
.00548
.01892
.00507
.00113

.00259
.00572
.00324
.00435
.04259
.00371
.00030

'.66691

.00470
.00253
.00288
.00439
.01954
.01093
.00064

.6*1*152
.00181

'61680
.00308

166*186
.00043

'61263
.00143

.00395

.00352

.00197

.00491

"66664

.00046
.00540
.00008

.00008
.00007
.00343
.00031
.00001
.00010
.00315
.00309

.00236
.00054

.00027

'66619
'.66292

"iffiS
.00942

*66o3i
.00014
.00328
.00536

.00019
.00031
.00078

I66622

".66285

100764

'66695

166*106

!66o3"i
.00053

'66658
.00142

.00012

.00031

.06022

"".66656

.00016

.00034
.00001

"".66657

.66116
O

.00022
.00001

'".66663

.00173

.00466

.00008

.00046

.00081

.00008

.00003

.00042

"".66163

.00251

"".66667

.00017
.00942
.02188
.00123
.00023
.00004
.00253

.00019
.00287
.01487
.00053
.00115
.00017
.00284

"".66179
.00002
.00052
.00003
.00034
.00064
.00414
.00935
.00146
.01881
.00015
.00002

"".00185

.02096
.00207
.00005
.00012
.00098
.00319
.00326
.00090
.00028
.00047

.00071
.00074
.00013
.00031
.00297
.00768
.00106
.00361
.00024
.00134

.00011
.00010
.00015
.02561
.00625
.00211
.00073
.00024
.00083

.00003
.00012
.00006
.00053
.00183
.00122
.00103
.00005
.00143

.00008
.00013
.00047
.00278
.01402
.00090
.00373
.00020
.00171

.01111

.00594
.00189
.00425
.04112
.00262
.00979
.02071

.00046
.00017
.00082
.02497
.00107
.01037
.01369

.00266
.00007

.00127
.04413
.00086
.00910
.00501

.09506
.01087
.00222
.01955
.00121
.01012
.00342

.02401
.00043
.00236
.02830
.00037
.00663
.00122

.01534
.00660
.00156
.00621
.00007
.00265
.00022

.03429
.00056
.00030

.08181
.00062
.00081

.00124
.00414
.00021
.00018
.00058

.00140
.01100
.00024
.00020
.00206

!66i76

.00712
.00192
.00276

.00118
.00196
.00352

.06603
'66169

".66667

.00036

!666'i6
.00020
.00007

.06541
.00301
.00464
.00361

.00015
.00036
.00019

.82769
.17231
1.00000

.46138
.53862
1.00000

.00455
.00026
.00283

.00806
.00108
.00819
.00404
.01096
.00927
.00414
.00362
.02648
.01269

.01249
.00179
.00029
.00488
.01663
.00558
.00075
.00118
.02743

.00286
.00078
.00070

.00182
.00226
.00078
.00167

.00206
.00143
.00085
.00451

.02444
.00020
.00017
.00011
.00813
.00322
.00179
.00073
.00775
.00002
.00166
.00011
.00015
.00072

.50271
.49729
1.00000

.55191
.44809
1.00000

.48939
.51061
0

.39148
60852
1.00000

.00758
.01813
.01079
.00005
.00161
.05016
.01620
.01001

.00249
02860
.00001

'.16779"

.00013
.00004
.00039
.00001
.00085

.00003
.00022
.00019

'.66623

'.66964"

.00068
.00011
.00069
.00402
.00018
.00097

.01797
.00003
.00577
.00462
.00058
.00037
.00273
.00047

"66665

66664

.00013
.00631
.00002
.00008
.00160
.01504
.01787

'.66113'
.01614
.01204
.00006
.00001
.02664

05064
.00045
.01307

"66229
.00229
.00032

'.66245
.00020
'6i673
.00443
.00243
.01599
.00325

.00601
.01468
.00088

.00203
.00313

.66276
.00747
.00380
.00078

.00028
.00068
.00028

'.66662

.00005
.02780
.02769
.00059

.00002

.00004
.10162

'".ixxx**

.00019
.00142
.00252
.01337
.00049
.00138
.00006
.00374

.01264
.00061
.00021
.00058
.00488
.00006
.00461
.00003
.00460

.00010
.00006
.00006
.00565
.01574
.00153
.00148
.00001
.00137

.05023
.01683
.01039
.02007
.00024
.01783
.00049

.00169
.00052
.00041
.04277
.03897
.01147
.00318

.00828
.00284
.00098
.01862
.00013
.00185
.00102

.00844
.00410
.00136
.05169
.00016
.00288
.00109

.17382
.00032
.00012
.00006
.00951
.00171
.01012
.00082
.00226
.00003

.01185
.00817
.00156
.00889
.00737
.00867
.00144
.00174
.00134
.00026

.00438
.00114
.00022
.00001
0866
.02416
.00039
.00233
00
0989
.00007

.00840
.00087
.00039
.00047
.01034
.01102
.01958
.00280
.00088
.00006

.00266
.00064
.00059
.00038
.00266
.00553
.02656
.00110
.00146
.00002

.00034
.00003
.00004
.00940

.00113
.00131
.00025
.00071

.00004
.00039
.00020
.00001
.00002

.00029
.00021
.00018
.00059

.00025
.00072
.00088
.01551

.34126
.65874
1.00000

.36645
.63355
1.00000

.52974
.47026
1.00000

.39794
.60207
1.00000

.69170
.30830
1.00000

'".66634 "".666O8

.00182
.00093
.00220
.03376
.01776
.00043
.00146
.01761

.00850
.00013
.00017

14

•'"66473

'".0089*5

.00006

Food and
kindred
products

"".60525

.00014

"".6*2189

.00005
.61355
.00412

and

accessories

0.18658
.06829
.00624
.00002

""63738

""i3226

Ordnance

.00039
.00002

.00006
.07622
.00154

Coal mining
Crude petroleum and natural gas
Nonmeiaiiic minerals mining
New construction
Maintenance and repair construction ...
Ordnance and accessories
Food and kindred products
I OofiOCO DrOGUC^S •••••••••••••#•••••••••••••••••••
Broad and narrow fabrics, yam and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes .......
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals

Coal
mining

5+6

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

Metallic
ores
mining

.00137

"".66a27 '".66667

O
.00001

May 1994

SURVEY OF CURRENT BUSINESS

•

65

Direct Requirements, 1987 Benchmark

Tobacco
products

Broad and Miscellaneous
narrow
textile goods
fabrics,
and floor
yam and
thread mills coverings

16

15
.06472

0.00686
.08346

17

'.60216

'66662

!666o7

I60063

.00056

.00072

.00061

Miscellaneous
Apparel
textile
products

19

18
0.00020
.00048
.00460
.00006

.00025

Lumber
and wood
products

Furniture
and
fixtures

20+21

22+23

.08060
.00030

'.66662

.00029

.00019

Paper
Other
and allied Paperboard
Newsproducts, containers papers and printing
and
except
and boxes periodicals publishing
containers
24

.00132
.00007
.00018
.00522

26A

25

26B

".6666i

".6666i

.00002

.00009

.00002

.00015

.00370
.00146

.66664

.00469
.00001
.00002

.00297

.00201

'.66i4O

.00244

'.66624

Industrial
and other
chemicals

Agricultural
fertilizers
and
chemicals

Plastics
and
synthetic
materials

27A

27B

28

.66*102
00080
.00003
.00754
.00323
.01236
.00682

.00034
.04084
.06855

.66664

.20317
.00030
.18879
.02346

n

.00008

.22654
.04274
.00066
.00106
.00008

.00498
.03608
.00007
.01429
.00193

.00063
.00342
.00005
.00029
.02227

.00591
.00617
.00006
.00046
.03719

.00174
.00312
.00006
.00084
.00122

.00228
.01177
.00009
.00175
.00606

.13736

.23932

.02378

.02999

.00230
.00004
.00272
.00519
.00004
.00542
.00010
.00005

.00487
.00007
.00196
.00733

.00458
.00001
.00174
.00471
.00487

'.66667

.00067
.00132
.00269

'.66662
.00002
.00003

'.66636
.00009
.00027

.00001

0

.22810
.07441
.00945
.03248
.00306

.00078
.02922
.01351
.00007
.00006

.00004

.00004

.00004
.00023

.00032
.00036
.00286

'66629

.00027
.00053

.00081

.01399
.00061

.00012
.00002
.00014
.00249
.00011
.00032

.00008

!66o35
.00107

.00001

n
I66662
.00014

.00001
.00001

.00012

.00003

.00001
.00002

.00001
.00004
.00001

29B

30

0.00237
.00076
.00016
.00004

0.00046

.00024

.00016

"66661

'.oSSi

.00484

.00343

.00375

.00273

.00682

.00409

.00388

.00363

.00227

.00011

.00006

.00011

.00412

.00684

.66136

.66*1*68

"6*1686

.00007
.00187
.00017
.00023
.28756
.00098
.00087
.00383
.00010
.00052
.01164
.00255
.00451

.03361
.02645
.00035
.00159
.08781
.00398
.00138
.01509
.00011
.00089
.00584

.00826
.00434
.00014
.00001
.05859
.00001
.16027
.01327
.00005
.00134
.04201
.00250
.02446

'.66665

.00009
.00002
.00001
.00004

.00054
.00002
.00006
.00019

.00001
.00529
.00612
.00946
.00012
.00289
.00561
.00042
.00073

.00309

'61622
.00229
.03256
.00282
.00371
.00355
.04155
.01274

.00471
.00024
.00689
.02438
.00001
.00006
.00110
.00003
.00057

.45268
.00209
.00005
.00052
.01924

.13042
.00024
.00890
.06752
.00763

.02183

.16745
.00385
.00236
.08073
.02734
'.00147

'66257
.00713
.00285
.00012
.00001
.00003
.00265
.00210

.66*163
.00066
.00003

.66662
.00003

!00272
.01849
.00015
.00001
.00010
.00007
.00204

.00657
.01382
.02065
.00054
.00202
.00113
.00155
.00261

.01012
.03748

'66215
.00036
.00193
.00103

.00031
.00061
.00202
.00157
.00001

.00013
.00001

'.66661
.00448
.00871
.00003
.00505
.01937
.00150

.00356
.00410
.00004
.01405
.10145
.18749

.01138
.00660
.00005
.00036
.33215
.00232
.03615

'.00187

'.00565
.00219
.00254
.04143

.00012
.00770

.00010
.00294

.00121
.00039

'66612

'.'00483

".66661

.00001
.00053
.00449
.00068
.00116

.00672
.00391

.00013
.00155
.00004
.00026
.00015

.00026
.00411
.00002
.00046
.00053

.00041
.00486
.00025
.00091

n

'.00025
.00049

'.66i6O

.00002
.00007

.00057
.00855
.00485
.00008
.00062
51601
.00433
.00898
.00161
.00124
.00484
.01199
.01178
.00003
.00157
.00080
.00210
.00069
.00547

.00001
.00061

.00105

'.01327

.00301

.ocoS

'.66569
.00853
.00289
.00192
.00001

.00013

.00015
.00002

.00006
.00001

.00002

.00003
.00002

.00003
.00003

.00004
.00001

.00002

0

'.00034
.00001
.00005
.00007
.06032

.00051
.00021
.00205
.00118

.00001
.00001

.'66358
$104
.00141

.00419

.00107
.00061
.00006
.00001

".66*128

*.66027

.00040

.00045
.00001
.00003
.00001
.00006
.00002

Paints and
allied
products

.00785

.00009
.00702

29A

Cleaning
and toilet
preparations

.00580
.00001
.00009

.13889
.25878
.00905
.00004

00002
.00015
.00325
.00010

Drugs

.00001

.1042*4
.00059
"OO167
.02081
.00001
.00648
.00003

'60663

.00183
.03448
00005
.01038
.08941

.00002
.00015
.00003
.00216
.19337

'.01465

'.11993

'.64618
.00189
.00989
.05155

'.66646

.00696
.00010
.00005

.00062
.01091
.00132
.00058
.04422

.00384
.00033
.00179
.00181

.01304
.00047
.00591
.01173

.02083
.00659
.00009

".666*53
.00175

.00009

.00019

.00007

.00047
.00027
.00023

.00176
.00076

.00003
.00012

.00002
.00001

.00001
.00001

.00001

fi

.00017

.00002

.00005

.00003

.00076

.00033

.00001

.66661

'.66602

.66661

.00008

.00262

.00024

.00037

.00031

.00026

.00040

.00004

.00010

.00002

.00013

.00008

.00003

.00039
.00028
.00168
.00434
.01002
.00040
.00227
.00002
.00242

.00047
.00014
.00011
.01010
.01984
.00131
.00472
.00011
.00186

.00027
.00011
.00013
.01123
.02236
.00067
.00189
.00004
.00282

.00087
.00243
.00027
.00350
.00658
.00009
.01891
.00003
.00415

.00197
.00604
.00161
.00493
.01150
.00035
.00422
.00005
.00275

.00099
.00024
.00006
.01076
.01771
.00185
.00275
.00049
.00246

.00045
.00007
00003
.02081
.05778
.00363
.00110
.00009
.00291

.00013
.00013
.00006
.01168
.01401
.00322
.00145
.00029
.00224

.00078
.00014
.00008
.00074
.00330
.00034
.00155
.00003
.00350

.00017
.00016
.00134
.00337
.01112
.00115
.00241
.00006
.00239

.00019
.00007
.00011
.01310
.02321
.00157
.00088
.00015
.00332

.00017
.00006
.00005
.00039
.00415
.00011
.00110
.00001
.00107

.00010
.00012
.00008
.00196
.00724
.00023
.00075
.00003
.00125

.00006
.00013
.00012
.00271
.01488
.00170
.00056
.00003
.00177

.00006
.00009
.00475
.00028
.00436
.00011
.00177
.00001
.00148

.00015
.00014
.00620
.00087
.00724
.00042
.00124
".00*17*1

.00008
.00017
.00019
.00058
.00910
.01408
.00152
.00111
.00007
.00172

.00329
.00074
.00032
.02032
.00031
.00497
.00138

.02844
.00397
.00297
.04726
.00028
.00278
.00108

.01354
.00700
.00165
.02708
.00013
.00377
.00149

.00809
.00149
.00052
.03383
.00029
.00438
.00118

.00618
.00234
.00308
.05600
.00004
.00761
.00153

.01433
.00472
.00250
.05223
.00100
.00612
.00269

.00936
.00223
.00178
.05543
.00045
.01032
.00157

.02796
.01212
.01310
.04437
.00097
.00370
.00263

.01087
.00314
.00115
.03917
.00063
.00162
.00183

.00495
.00043
.00042
.01572
.00054
.00515
.00141

.00830
.00109
.00088
.03525
.00079
.00513
.00219

.03378
.02831
.00377
.03723
.00044
.00324
.00189

.02246
.03452
.00833
.05528
.00019
.01671
.00192

.02370
.01895
.00366
.04286
.00024
.00255
.00189

.00801
.00463
.00095
.03996
.00026
.00517
.00088

.00568
.00503
.00143
.04764
.00015
.00265
.00155

.00609
.00354
.00062
.02840
.00002
.00133
.00050

.00296
.00031
.00025
.00042
.00230
.00368
.02968
.00072
.00384
.00006

.00185
.00007
.00499
.00080
.00238
.01218
.00593
.00198
.00296
.00002

.00356
.00014
.00327
.00064
.00228
.00619
.02146
.00202
.00124
.00004

.00600
.00024
.00224
.00020
.00273
.00533
.01545
.00297
.00455
.00004

.00603
.00092
.00406
.00022
.00268
.00800
.01187
.00297
.00025
.00002

.00419
.00030
.00045
.00030
.00316
.00749
.01354
.00299
.00689
.00007

.00699
.00051
.00074
.00042
.01146
.02036
.01986
.00436
.00483
.00042

.00270
.00204
.00155
.00224
.00250
.00549
.01045
.00161
.00893
.00003

.00464
.00006
.00044
.00113
.00269
.00723
.00156
.00209
.00721
.00003

.01452
.00174
.00106
.00907
.01805
.03910
.01747
.00403
.00657
.00011

.01113
.00397
.00055
.00304
.00705
.01217
.01214
.00610
.01006
.00018

.00522
.00048
.00045
.00079
.02016
.01379
.01345
.00261
.00137
.00006

.00275
.00023
.00030
.00041
.00615
.02476
.01435
.00124
.00223
.00002

.00291
.00075
.00200
.00041
.02551
.00880
.01178
.00139
.00225
.00003

.00585
.00037
.00132
.00014
.04353
.02974
.01017
.00183
.00307
.00006

.00451
.00076
.00063
.00020
.00507
.01188
.02566
.00182
.00165
.00005

.00480
.00056
00006
.00008
.00447
.00513
.00459
.00145
.00057
.00003

.00044
.00205
.00029
.00178

.00057
.00099
.00047
.00065

.00020
.00150
.00046
.01039
.00033

.66040

.00572
.00225

.00240
.00097
.00035
.00018

.00170
.00170
.00037
.00087

.00075
.00087
.00187
.00103
.01011

.00014
.00085
.00030
.00007

.00156
.01179
.00017
.00111

.00142
.00680
.00024
.00268

.00029
.00101
.00080
.00753

.00076
.00040
.00048
.00748
.00247

.00130
.00047
.00047
.00361

.00478
.00071
.00047
.02158

.00114
.00154
.00056
.00562

.00036
.00066
.00007
.00536

.36341
.63659
1.00000

.68257
.31743
1.00000

.72757
57244
1.00000

.57928
.42072
1.00000

.59293
.40707
1.00000

.64428
.35572
1.00000

.53071
.46930
1.00000

.58188
.41812
1.00000

.65481
.34519
1.00000

.41606
.58394
1.00000

.48333
.51667
1.00000

.55820
.44180
1.00000

'.75165
54895

'.64682
.35319

'.38431
.61569
1.00000

'.46686
.53105

'.53877
.46123




.00232
.00018
.00092

Commodity number

of industry output, at producers' prices]

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52
53
54
55
56
57
58
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
80
81
82
83
84
85
I
VA
T

SURVEY OF CURRENT BUSINESS

66 • May 1994

Table 3.1.—Commodity-by-lndustry
[Direct requirements per dollar
Petroleum
For the composition of inputstoan industry, read the column for that industry

Industry number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43

Livestock and livestock products
Other agricultural products
" a n d fishery products
irai, forestry, and fishery services

ores mining ....
Coal mining
Crude petroleum and natural gas
NonmetaJlic minerals mining
New construction
Maintenance and repair construction
Ordnance and accessories
Food and kindred products

refining
and
related
products
31

32

.66661

.00003

.00015
.55103
.00355

.00029
.00088
.00041

"".66691
"".66631

"66458

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

Materials handling machinery and equipment ...
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
.......
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric liohting and wiring equipment
56 Audio, video, and communication equipment
57 ttdCvTOftiC OOfT^POflOfltft QOO flvCOSSOTIOS •••••••••••••••••••••••••••••••••••••••••

48
49
50
51
52
53
54
55

61
62
63

64
65A

65B
65C
65D
65E

66
67
68A
68B
68C
69A
696
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75

76
77A
77B
78

79
80
81
82
83
84
85
VA
T

.00013

""66617
'"'.66324'
""16266

Primary
iron and
steel
manufacturing

Primary
nonferrous
metals
manufacturing

35

36

37

38

.00003

.00006
.00074
.00912

.00002

.00003
.06975
.00060

"".66612

'".'68032

"".66949
.00029
.00001

.01044
.00014
.00028
.00221

•".62742'
.02265
.00043

.00002

"S6665

41

40

.00001
.00029
.00012

.00001

"".666'i'i

"".66637

.02128
.00014
.00339

'•"66631

'".61961
.00030
.00009

"'.66484

msfi

•'".01179

"".66616

'".66063

"".06614

Other fabricated metal
products

42

.00002

"".66648"
"".66618
"'.6T243'
"".6661O

.00806

"".66751
.00131
.00057

.00017
.00002
.01473

.00003
.00014
.00005
.00218

.00012
.00002
.00200

.04394
.00008
.00153
.06106

••".61260
.00324
.00010
.00057
.02902

.00022
.00117
.00005
.00051
.02530

.00030
.00184
.00005
.00044
.01268
.01390

.00143

.00075

.00153

.00360

.00002
.00034
.00487
.00204
.00003
.00008
.01462
.15029
.02159
.00002

.00001
.00054
.00646
.01147

.00054
.01646
.00145
.00164

.00035
.00554
.00237
.00967
.00002
.00739
.00283
.18879
.07272

.00047
.00247
.00126
.00302

""66637"

"".66173

"".66257

.00238
24725
.03065
.00011

.00384
.11683
.04613
.00018
.00009
.01641
.05522
.00073

""66922

"".66644

.18645

.01251

.00432

"".66363

.00034
.00076
.00275
.04761
.00005
.00526
.00289
.00351
.00134

'•••.66382

.00223
.00159
.00544
.00286
.00001
.00162
.11687
.00632
.00054
.00001
.00016
.00229
.00502
.00004
.00029
.00003
.00057

.00002
.00006

'"'.61613
.00008

•65)76

"•".66276
"".66674" "".66695
.00762
.00007
.00055
.03114

39

Screw
Heating,
plumbing, and machine
products
fabricated
and
structural
metal products stampings

""66668

.00007
.00138
.00001
.00013
.01275

.01154
.00010
.00116
.04564

containers

"66667

.00003

'"6o096

.00314

O

.00008
.00323
.00100

'".66034
.00233
.00003
.01851
.00516

"".66675

"*06b98

.00525
.00010
.00062
.00270

.00414
.00006
.00048
.00756

.00002
.00022

'".'66398'
"•.66022"
.00741
.00008
.00064
.01671

QfUgS

Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products ..
Screw machine products and stampings
Other fabricated metal products
Engines and turbines

46
47

59B
60

.00001
.00020

33+34

Glass and Stone and
glass
clay
products
products

• 0 0 3 0 0 0 DfOOUCtS ••••••••

.00005
.07204
.00449
.00002
.00201
.00037
.00031

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

* Less than .000005.




""66169
.02878
.18407

""66681
.00008

.00121
.00281
.01077
.00012
.08137
.01987
.00035
.00008

.00121

"".66652
.00288

44+45

58
59A

Rubber
Footwear,
and miscel- leather,
laneous
and
leather
products
products

.00014

.00001
.00030

.00513
.01005
.00017

.00108
.00495

.00219
.00012

"'".66666

.00002
.00051
.00014
.00002
.00100

.00541
.00067
.00027
.00305

.00188
.00273
.00034
.00298
.00015

.00009

n
"".66661

.00140
.00001
.00065
.00027
.00015

.00008
.00003

.00002

•"'.66672

'".66128

""62268
.02753
.03357
.00003

"".66624

.00018
.00865

.00146

.00913

.00986
.00202

.00023
.00170

'""66460

.00027

.00015

.00003

.00001
.00002
.00002

.00005

"'.66622

.00022

.00010

•".00040

n

.00105
21596
.25264
.01675

.00160
.00936

"".66673

.00208
.00033
.00017
.00001

.00466
.00913
.30618

.00403
.01134
.00016

.01275
.00304
.00006
.00006
.00638

.00110

""66685 •"66662

.00583

.01338

.00008

.00262
.00076
.00250

""6i488
.01828

.02978
.00005
.00197
.01157

.00770
.00265
.01933

.00576
.00421
.00487

"'".66666"

.00002

.00155
.00002
.00041
.00001

•".66616

.00003
.00021
.00025

.00065

""66624

.00009
.00010
.00007
.00346
.01593
.00024
.00421
.00002
.00094

.00217
.00026
.00051
.00311
.01548
.00030
.00292
.00004
.00266

.00029
.00023
.00033
.00241
.01241
.00047
.00352
.00004
.00389

'"".66664" "".66661
O .00001
0

"".66668

.00002

.00002

"'.00021

.00001
.00024
.00037

.00017
.00004
.00002
.00111
.00408
.00645
.00049
.03978
.00135

.00050
.00022
.00022
.00705
.02724
.00134
.00148
.00007
.00291

.00013
.00016
.00948
.00212
.01015
.00039
.00275
.00002
.00258

.00098
.00021
.00010
.01151
.01378
.00073
.00415
.00009
.00760

.00036
.00024
.00091
.01472
.05778
.00352
.00139
.00006
.00674

.00006
.00031
.00017
.00016
.01687
.01345
.00469
.00114
.00007
.00220

""61199
.00914
.00152
.04618
.00014
.00894
.00262

""62137
.00597
.00236
.04952
.00037
.00451
.00212

"".66782

"".62974
.03606
.00210
.04238
.00039
.00429
.00159

""62651
.01804
.00275
.02902
.00065
.00655
.00208

"".64131
.02787
.00718
.06277
.00034
.00363
.00202

"'.01164
.00587
.00219
.06690
.00029
.00321
.00171

""ooee'i

.00214
.00109
.04246
.00005
.00570
.00109

.00362
.00078
.05642
.00067
.00423
.00191

"".61542"
.00590
.00123
.05182
.00046
.00688
.00192

.00446
.00019
.00039
.00092
.00273
.00836
.00233
.00037
.00093
.00002

.00629
.00027
.00138
.00310
.00678
.00801
.00823
.00287
.00372
.00008

.00514
.00495
.00138
.00052
.00346
.01032
.01493
.00318
.00131
.00002

.00536
.00090
.00074
.00142
.00328
.00576
.02331
.00232
.00547
.00004

.00497
.00039
.00127
.00203
.00385
.00933
.01977
.00278
.00510
.00004

.00230
.00015
.00111
.00158
.00280
.01830
.02952
.00174
.00152
.00003

'".66449

"".66648

"".66497"

.00087
.00042
.00087
.00194
.00396
.02021
.00119
.00310
.00002

.00471
.00045
.00051
.00407
.00931
.00634
.00317
.00559
.00011

.00068
.00111
.00235
.00520
.01062
.01849
.00301
.00512
.00005

.00105
.00052
.00012
.00284

.00347
.00101
.00036
.01350

.00026
.00358
.00093
.00021

.00052
.00119
.00043
.00538
.00445

"".66696

"".566i9

'".66676

"".66686

"".66691"

.00113
.00025
.00298

.00127
00063
.00124
.03794

.00029
.00050
.00062

.00106
.00031
.00045
.00093

.00118
.00064
.00146
.00076

.82405
.17595
1.00000

.56032
.43968
1.00000

.57683
.42317
1.00000

.48960
.51040
1.00000

.52980
.47020
1.00000

.62741
.37259
1.00000

.71260
28740

.56748
.43252
1.00000

.50129
1.00000

SURVEY OF CURRENT BUSINESS

May 1994

•

67

Motor
Truck and
vehicles bus bodies,
(passenger trailers, and
cars and motor vehitrucks)
cles parts

c

Direct Requirements, 1987 Benchmark—Continued
of industry output, at producers' prices]
Engines
and turbines
43

Farm,
Materials
construc- handling
tion, and machinery
mining
and
machinery equipment
44+45

46

Metalworking
machinery

and

Special
industry
machinery

and

General
industrial
machinery

and

equipment

equipment

equipment

47

48

49

Miscellaneous
Computer
machinery, and office
except
equipment
electrical
50

.00004

.00006

.00001

.00003

.00002

.00003

.00004

.66628

'.66646

'.66664

"66627

Soo'i

'.66665

'.666O6

51

.00002
•.•.•.'.•.'.'".•.'".'.•.•.•.•.

Electrical
Audio,
Service
industrial MniMAhrtlH
video, and
linhtinn
industry equipment appliances a n H uiirinn communimachinery
cation
anitirtmant
and
apparatus
e q u i p m e n t equipment
52

54

53

55

.00002

.00005

.00001

.00003

"66616

.00024

'.66629

'.666T1

56

'.66664
"'.oooob'

rAmnnnanta

57

"66664
'.6666a

Miscellaneous
electrical
machinery
and supplies

58

'.'66664
OftAOA

.00011

59B

59A

.00003

"66647

.00080

"66664
'.66625
.00001

SS6

.00655

.00834

.01031

.00598

.00756

.00669

.00961

.00777

.00607

.00818

.00472

.00605

.00376

.01014

.00534

.00321
.00001

.00006

.00010

.00028

.00017

.00017

.00010

.00005

.00001

.00008

.00011

.00012

.00010

.00002

.00010

.00006

0

.. 00 00 000012

.00016

.00005

.00006

.00006

00585
.00015

.00008

00017
.00009

.00026
.00001

.00168

.00109

.00052
.00169
.00006
.00048
.00027

.00156
.00008
.00028
.00063
.00011
.00475
.00133

00086
.00006
.00001
.00026

.66663

.00173
V)
00026
.00240
.00008
.00066
.00132

.00011
.00001
.00123

.66629
.00390

.00026
.00179
.00009
.00076
.01188

.00111
.00358
.00010
.00074
.00079

.00022
.00070
.00164
.00009
.00067
.01622

.00038
.00014
.00001
.00005
.00011
.00061
.00672
.00017
.00122
.01874

.00087
.00245
.00010
.02625
•00003
.01251
.00074
.00042
.00003
•00032
.00452

.00003
.00162
.00004
.00070
00288
.00005
.00040
.00167
.00005
.00047
.00312

.00348

.00531

.00041

.00012
.00092
.00789

0

.00175
.00034
.00095
.00968

.00127

.00048
.00578
.00007
.00054
.00382

.00529
.00583
.00010
.00085
.00188

.00638
.00108
.00227
.02003
.00008
.00077
.00625

.00028
.01354
.00012
.00086
.00564

.00180

.00100

.00428

.00394

.02383

.02320

.00257

.00260
.00282
.06255
.02247

.00005
.00426
.09187
.02749

.01522
.00634
.01330
.00367

.00674
.00812
.00925
.00355

.01071
.00942
.01266
.00060

.00312
.00347
.00542

.00628

.01416

.06707
.01645
.00036
.00003
.04200

.02679
.01868
.03618
.00922

.01445
.00841
.00800

.00648

05318
.00516

.03991

.01330
.03198

.02648
.02547

.03126
.02298

.00614
.02883

.03379

.00438

.03991

.02832

.00023
.00001

.00028
.00001

.00003

00038
.00924
02287
.02336
.02627
00020
.00012
.06023
.00004
.00004
.00001
.00183
.00068

.01239
.01655
.01514
09263

.00175
.08434
.01323

.00479

.00037
.00320
.00011
.00074
.00097

.00016
.00191
.01398

.03727
.01474
.01646
04669
.03629
00084
.00456

.00001
.00341
.13748
.04628

.00110
.00313
.00711
00001
.00001
.01105
.06912
.02012

.00007

.00001
.00002
.00001
.00141
.00161
.00011
.00127
.00023

.00201
.01579

.00103
.00252
.01403

00060

.00010

.00024
.00001
.00066
.01097
.00248
.00336
.00008
.00251
.00262

.00004
.00014
.00170
.00423
00002
.00004
.00734
.06689
.04547

.00273
.00162
.02718
00009
.00002
.00214
.11169
.00842

,00225?

.00164

.00529

.'66612'

.03636
.00134
.04239
.04578

.00064
.00058
.03483
00002
.00057
.00034
.00288
.01031

.00002
.00087
.05218
00003
.00829
.00109
.00267
.04019

.00006
.00225
.04310
.00001
.00004
.00091
.01170
.05788

.01204
.00176
.06258
.00004
.00963
.00184
00535
.00064

.01579
.03691

.03167
.01577

.00199
.00795
.01010

.00384
.00910
.03583

.00411
.01022
.02279

.00002
.07407
.01227
.01768

.01853
.03305
.02006
.00083

.00269

.00240

.00300

.00093

.00232

.00010
.00824

.00012
.00302

.01777
.01078

.00394
.00560
.00014

.00655
.00148

.00001
.00240

.00228
.00281
.00098

.00051
.00644

.02045
.03853

.02505

.05897
.06498

.63719

.02346

.00093
.00103
.00266
.00012
.00583

.00181
00258
.00025
.00221
.00350
.00319

.00974

.02068
.00158

.00256
.00131

.00085
.00002
.00228
.00047

.66376
.01636

.00634
.00001
.00028

.00282
.00002
.02576
.00089

.02753
.00002
.00554
.00090

.00669
.03618
.20131
.00384

.00160
.00074
.09505
.00054

.00782
.00060
.06263
.04922

.00017

.00005

.00007

.00027

.00040
.00020
.00552
.01263
.00266
.09072

.00132
.00024
.00032
.00050
.00340
.00008
.00540
.00001
.00391

.00400
.00028
.00022
.00094
.00440
.00021
.00611
.00004
.00384

.00043
.00043
.00019
.00172
.00724
.00034
.01156
.00005
.00391

00369
.01005
.00638
.02788
.01154
.29829
.00038
.00016
.00920
.00013
.00044
.00426
.01616
.00032
.00511
.00002
.00119

.00020
00039
.00020
.00017
.00251
.01357
.00038
.00281
.00003
.00449

.00037
.00103
.01873
00003
.00006
.00022
.00601
.01269

.00293
.00109
.01942
00001
.00089
.00436
.05485
.05086

.00729
.00098
.04178

.00171
.00171
.02112

.00005
.00977
.04928
.05356

.01078
.00453
.07446
.02031

.00856
.02168
.01735
.00133

.00485
.01764
.00972
.00459

.00063

.00545

.01052
.05379
00004

.00049
.00074
20764

.00399

.00003
.00002
.00189
.00068

.00303
.00650
.02064

H

.02084
.03853
.00518
.01236
.00001
.00889
.00015

.00321
.00210
.03128
.00001
.00123
.00531
.06408
.04415

.00481
00032
.00268

.66670

.00027
.00001
.00058
.00045

.00015

.00043

.00015

.00017

.00012
.00110

.00016

.00005

.00019
.00120

.00274

.00017
.00026
.00043
.00143
.01142
.00056
.00448
.00002
.00301

.00018
.00029
.00049
.00100
.00812
.00024
.00281
.00001
.00409

.00021
.00033
.00032
.00127
.00710
.00025
.00431
.00004
.00403

.00017
.00028
.00012
.00130
.00516
.00017
.00557
.00003
.00466

.00046
.00028
.00015
.00093
.00567
.00025
.00529
.00002
.00433

.00015
.00033
.00011
.00108
.00498
.00020
.00322
.00001
.00360

.00030
.00027
.00042
.00047
.00196
.00012
.01325
.00003
.00344

.01769
.00018
.00141
.00135
.00694
.00036
.00536
.00002
.00337

.00176
.00028
.00074
.00270
.00689
.00023
.00972
.00003
.00556

.00233

.00017
.00031
.00212
.00178
.00826
.00011
.00837
.00006
.00370

.00987
.00309
.00097
.05013
.00013
.00355
.00155

.00998
.00432
.00108
.06511
.00029
.00389
.00218

.00745
.00275
.00150
.06394
.00035
.00445
.00195

.01267
.00268
.00077
.03692
.00071
.00509
.00219

.00946
.00244
.00098
.05717
.00035
.00653
.00174

.61249
.00346
.00076
.04961
.00034
.00473
.00173

.01263
.00213
.00039
.02824
.00034
.00830
.00139

.00605
.00054
.00081
.07429
.00032
.00646
.00136

.00828
.00227
.00167
.06810
.00016
.00262
.00138

.01274
.00359
.00088
.06207
.00037
.01087
.00180

.00880
.00447
.00119
.07255
.00005
.00715
.00147

.01053
.00305
.00099
.06463
.00030
.00926
.00155

.00606
.00127
.00050
.04840
.00012
.00400
.00146

.01622
.00204
.00070
.04367
.00015
.00925
.00144

.00247
.00199
.06621
.00054
.01064
.00214

.6iii"6

.00366
.00255
.00084
.07863
.00092
.00368
.00257

.01059
.00378
.00085
.05346
.00062
.00231
.00206

.00292
.00005
.00150
.00367
.00318
.00635
.00740
.00158
.00186
.00011

.00296
.00092
.00128
.00299
.00638
.00742
.02286
.00277
.00130
.00005

.00530
.00072
.00125
.00184
.00614
.00894
.02070
.00329
.00165
.00022

.00832
.00189
.00102
.00194
.00638
.00965
.01674
.00427
.00866
.00007

.00784
.00176
.00095
.00137
.00690
.00924
.01675
.00348
.00389
.00005

.00559
.00165
.00125
.00249
.00609
.00955
.01250
.00328
.00337
.00023

.00938
.00100
.00108
.00278
.00749
.02424
.01588
.00421
.00571
.00011

.00933
.00603
.00039
.00093
.00741
.00848
.00270
.00356
.00411
.00008

.00373
.00159
.00060
.00122
.00489
.00588
.01542
.00250
.00117
.00004

.00530
.00563
.00110
.00185
.00566
.00975
.03419
.00338
.00446
.00004

.00266
.00212
.00107
.00128
.00276
.00766
.02068
.00229
.00102
.00002

.00593
.00493
.00104
.00170
.00620
.00941
.01523
.00376
.00390
.00010

.00800
.00074
.00437
.00237
.00578
.01104
.01921
.00228
.00122
.00010

.00799
.00309
.00080
.00176
.00652
.01205
.00953
.00323
.00146
.00047

.66693
.00643
.00098
.00177
.00907
.01174
.02889
.00567
.00659
.00115

.00087
.00059
.00077
.00079
.001M
.00405
.01815
.00144
.00359
.00017

.00231
.00035
.00115
.00133
.00307
.00702
.02619
.00218
.03183
.00005

.00033
.00080
.00037
.00186

.00023
.00160
.00027
.00627
.00046

.00029
.00163
.00006
.00168

.00089
.00102
.00033
.00356
.00054

.00038
.00176
.00012
.00413

.00082
.00141
.00024
.00251
.00047

.00101
.00079
.00022
.00216
.00034

.00051
.00039
.00015
.01909

.00088
.00038
.00022
.00036

.00040
.00114
.00031
.00627

.00165
.00324
.00049
.00341

.00048
.00117
.00032
.00179
.00009

.00120
.00194
.00020
.00573

.00252
.00070
.00040
.00400

.00074
.00095
.00047
.00354
.00519

.00189
.00110
.00048
.00217

.00117
.00249
.00060
.01330
.00225

.55833
.44167
1.00000

.55700
.44300
1.00000

.53996
.46004
1.00000

.41252
.58748
1.00000

.47119
.52881
1.00000

.46633
.53367
1.00000

.40816
.59184
1.00000

.56655
.43345
1.00000

.53492
.46506
1.00000

.48779
.51221
1.00000

.57072
.42928
1.00000

.48436
.51564
1.00000

50032
.49968
1.00000

.44721
.55279
1.00000

.54607
.45393
1.00000

.81356
.18644
1.00000

.61922
.38078
1.00000

.01103
.00159
.00011
.00020
.00010
.00054
.00746
.00023
.00215




.07278
.00112

.01971
.00018
.00700
.00202
.01083
.00020
.00509

1
1
2
3
4
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52
53
54
55
56
57
58
59A
59B
60
61
62
63
64

65A

65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
80
81
82
83
84
85
I

VA
T

SURVEY OF CURRENT BUSINESS

68 • May ipp4

Table 3.1.—Commodity-by-lndustry
[Direct requirements per dollar

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

Aircraft
and parts

Other transportation
equipment

Scientific
and
controlling
instruments

5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A

26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43

44+45
46
47
50
51
52
53
54
55

56
57
58
59A
59B
60
61
62

63
64
65A
65B

65C
65D
65E

66
67
68A
68B
68C

70A
70B
71A
71B
72A
72B
73A
73B

73C
73D
74
75

76
77A
77B
78
79
80
81
82
83
84
85
I
VA
T
#

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

Less than .000005.




ec|uipment

63

Industry number
1
2
3
4

Ophthalmic
and photo-

Miscellaneous
manufacturing

Railroads and
related services;
passenger
ground
transportation

Motor freight
transportation
and
warehousing

64

65A

65B

0.00005
.00060

.00003

n

.00010

""00013

.00004
.00016
.00007

.00007

.00008

.00103

""06610

.00006

.00005

Water
transpor-

Air
transportation

Pipelines,
freight
forwarders,
and related
services

65C

65D

65E

0.00005
.00012
.00012
.00013

.00008

.00007

.00036
.00360

.00051
.00459 "".66570
""66665 ""66i98

.00602
.00046
.00007

.01954
.00001
.00009

.00477
.00001
.00090

.00103
.00117
.00007
.00199
.00038
.00031
.00016
.00009
.00005
.00064
.00044

.00044
.00508
.00012
.00755
.01957
.00250
.00038
.00028
.00006
.00038
.00227

.00365
.00461
.00038
.00073
.00306
.00401
.00012
.00169
.00348

.06070
.00803
.00011
.00092
.02383

.00130
.00054
.00381
.02187
.00026
.00873
.01312
.00021
.00265
.01018

.00117

.00766

.00671

.00622

.02092

.00005
.00159
.02040
.00002
.00503
.00046
.00148
.00633

.00170
.00139
.00856
.00001
.00018
.00248
.01643
.04310

.00599
.00194
.01200
.00001
.00980
.00242
.03878
.01815

.00223
.01166
.01130

.03541
.00753
.01987
.04390
.00458
.00005
.00206

.01394

.00200
.00940
.00049

.02087
.00296

.00022
.00018
.00048
.00268
.00014
.01439
.00004
.00437

•".'66331
.01667
.00615
.00375
.00055
.00030
.00536
.02501
.01298
.00166;
.02599'
.00292
.00014
.00020
.00206
.00838
.00034
.00256
.00001
.00380

.00804
.00175
.00058
.01889
.00033
.01075
.00137

.00113

"".66661
.01171
.01474
.00094
""66606
.19375

.00377

.00532
00002
.00272

.00616
.00001
.00366

.01704
.00016
.00031

.00001
.00021

oofl

.00002
.00035
.00001

.00004
.00006
.00011
.00013

.00260
.00394
.00309

.00019
.00012

.00002
.00447
.00137

.00044
.00016
.00015
.00264
.00197
.00076

"".66645

.00031
.00054
.00011
.00199
.00073
.00087

.00073
.00001
.00019
.00196
.00022

"".OOlS"

.00002
.00433
.00271
.02863
.00306
.00085
.00434
.01657
.05557

.00002
.00005
.04905
.00330
.00003
.00085
.00019
.00190
.00016

.00003
.00015
.04991
.00963
.00006
.00005
.00008
.00001

.00365
.01192

.00002
.00395
.00872
.00009

.00021
.00615
.00102

.00226
.00036

.00208

.00117

.00228

.00165

.00003
.00013

.00181
.00224

.00096
.00190
.00051

.00670
.00357
.00002
.00003
.00341

.00066
.00022
.00007
.00018
.00084

.00051
.00001
.00025
.00127

.00042
.00003
.00005
.00060
.00016
.00342

.00003
.00052
.00148
.01690
.00005
.00227
.00136
.01510
.01587
.00023
.00514
.01207
.01535

.00006
.00092
.00003
.00001

.01515

.00337

.00077
.00376
.00015
.00080
.00273

.00241
.00023
.09217
.00254

.00163
.00002
.07973
.00144

.00065
.00011
.01200
.00036

.00019

.00011

.00058
.00021
.00231
.00069

.00030

.00303

"".66612

""66665

.00173
.03040
.00315
.00003

""66634
.00001
.00810

.00005
.00005
.11256
.00024
.00002
.00001
.00004
.00003

.00111
.00032
.00596
.00032

.00342
.00253
.00022
.00030
.00006

.00008
.02075
.00678

.00063
.00073

.00738

.00027

.00005

.02381
.00652
.00005
.00003
.00049
.00055
.00150
.00001

.00005
.00057
.00003
.00002
.00013

"".66449
.00071
.00044

"".66i38
.00006

008
.00009
.00118
.00033
.00017
.04374

.00138
.00092

"".66165"
"".66664"
.00029
.00029
.00173
.00047

.00003
.00039
.00026
.00224
.16339
.00079
.00209
.03052
.01227

"".6i514
.00135
.00020
.00202
.00063
.00309
.10279
.00285
.05922
.00471

""66639
.00019
.00048
.00086
.00228
.00203
.05453
.06322
.01215

.00043
.00005
.00060
.00092
.00302
.00369
.00119
.02236
.04193
.01840

.02685
.00034
.00054
.00100
.00424
.00019
.00396
.00002
.00505

.00942
.01365
.00023
.00188
.00583
.00079
.00513
.00004
.00213

.00025
.00043
.03681
.00251
.01492
.00071
.00233
.00002
.00214

""6i970
.00005
.00024
.00032
.05344
.00280
.00087
.00189
.01656
.00109

.00794
.00110
.00115
.05513
.00043
.00206
.00120

.00886
.00155
.00114
.03759
.00035
.00529
.00185

.00618
.00204
.00176
.03651
.00030
.01053
.00255

.00885
.00192
.00329
.05230
.00058
.00786
.00214

.00228
.00005
.00077
.01814
.00461
.00773
.00436

.00831
.00037
.00036
.01541
.02782
.00421
.00824

.02369
.00015
.00415
.02347
.00017
.05419
.00032

.00320
.00019
.00047
.02972
.00087
.02767
.00486

.03755
.00144
.00501
.00506
.00102
.03960
.02048

""66559
.00933
.00056
.00125
.00619
.01237
.02349
.00180
.00123
.00025

"".01437
.00037
.00056
.00059
.00373
.00806
.00760
.00155
.00417
.00050

"".66965
.00084
.00105
.00116
.00939
.01205
.02475
.00360
.00570
.00033

"".66439
.00191
.00044
.00097
.00591
.01385
.02477
.00299
.00365
.00062

"".66731
.00072
.00094
.00042
.01004
.01094
.05086
.00713
.00725
.00033

"".00693
.00158
.00083
.00804
.00395
.01419
.00079
.00412
.01354
.00010

"".01865
.00143
.00078
.00294
.00471
.01165
.00205
.00478
.03791
.00013

'"•.03301
.00058
.00096
.01122
.00303
.06238
.01021
.00235
.00143
.00005

"".01318
.00050
.00552
.00941
.00460
.01408
.02283
.03001
.00375
.00056

'".03611*
.00332
.00194
.01743
.01700
.01269
.02487
.01838
.01045
.00041

.00149
.00146
.00021
.00120

.00032
.00064
.00016
.00068

.00182
.00204
.00028
.00398

.00565
.00093
.00020
.01553

.00376
.00274
.00025
.02925

.00306
.00133
.00143
.00413

.00048
.00127
.00116
.00008

.00256
.00029
.00002
.11975

.00010
.00009
.00029
.05589

.00444
.00223
.00029
.00236

.51895
.48105
1.00000

.52680
.47320
1.00000

.42532
.57468
1.00000

.42898
.57103
1.00000

.52426
.47571.00000

.38596
.61402
1.00000

.44251
.55749
1.00000

.68209
.31791
1.00000

.53832
.46168
1.00000

.40911
.59089
1.00000

May 1994

SURVEY OF CURRENT BUSINESS

•

69

Direct Requirements, 1987 Benchmark—Continued
Communications,
except
radio
and TV

Radio
and TV
broadcasting

Electric
services
(utilities)

Gas
production
and
distribution
(utilities)

Water and
sanitary
services

Wholesale
trade

Retail
trade

Finance

Insurance

Owneroccupied
dwellings

66

67

68A

68B

68C

69A

698

70A

70B

71A

.00002

.00013

.00015

.00052

.00034

.66626

.00044

.00006

.00002

56962

'£7798
.00037

".66665
.00004
.00016

£1365

0

8

.00011
.01258

.00007

.00605

566O2
.00026
.00006

56620
.00177
.04520
.00020

.00003

10035

.00010

.00004

.00795

.24304
54145

.00045
.00001
.00049
.00027
.00011
.00427
.00058

5697*1

36621

56635

R

.00001
.00001

.00003

.00046
.00003
.00022
.00180
.00100

n
.00027
.00009
.00005
.00092
.00319

ooft
.00015
.00039
.00315
.00001
.00412
.01000
.00022
.00695
.00016

".66686

£0299

n

.00001

'.54897

Real estate Hotels and
lodging
and
places
royalties

71B

72A

'66665
.00527

0.00004
.00008
.00003
.00529

".66615

0

.00018

.00006

£5766

.0361*8
.00001
.00254

".66975
'.66631

.00116
.00019
.00235
£1294
.00012
.00001
.00719
.00014
.00082
.00809
.00012
.00518

.00286
.00023
.00512
.00542
.00038
.00002
.00458
.00033
.00033
£1039
.00353

.000S

.00001
.00006
.00005
.00011
.00013
.00001
.00701
.00125
.00021
.00043
.00006

.00045
56296
.00001
.00106
.01279
.00004

J

.00007
56683
.00001
.00014
.00803
.00003
.00083

.00009

enPersonal Computer Legal,
gineering,
and repair and data accounting,
services processing
related
(exc.auto) services and
services

.00001
.00009
.00001
.00119
.00006
.00004
.00338
.00006
.00029

72B

73A

73B

73C

.00068
.00073
.00244
.00003
.00009
.00001
.00001
.00027
.00204
.00113
.00150
.00002
.00187
.00004
.00036

.66632
.00003
.00008
.00001

.00002

.02325
.00089
.00001
.00009
.00007
.00001
.00083
.00011
00074
.00015
.00472

.00500
.00008
.00001
.00001

£2308
.02250
.00004
.00306
.00107

.00007

.00010

.00651
.00277
.00015
.00039
.00026
.00008

.00502
.00100
.00005
.00002
.00004
.00002

.00146
.00028
.00007
.00015
.00004

.00057
.00012
.00010
.00001
.00001

.00003

.02770

.00009
.00061

.00003

.00020

.00008
.00069

.00055
.00035
.00003

.00007
.00008
.00070

.00045
.00044
56628

.00164

.00074

.00150

.00034
£1352
£1044
.00128

.00001
.00172
.02646
.00156

.00098
.00001

.00009

.00008

.00010

.00009
.00006
.00042
.00058
.00045
.00088
.00009
.00145
.00001
.20595

.00006
.00071
.00020
.00017
.02682
.00308
.00314
.00254
.00011
.00144

.00025
.00009
.00008
.00014
.00023
.00037
.00160
.00430
.00037

.03534
.00046
.00087
.00317
.00646
.00123
.00248
.00039
.00654

.00298
.00014
.00705
.00548
.00025
£1178
.00040

.00007
.00074
.00648
.00036
.00116
.00210
.00005
.00716
.00002
.00646
£1601
.00083
.00011
.00112
.00523
.00013
.00998
.00012

.00020
.04391
.00152
.01014
.00036
£1167
.00719

.00245
.31024
.00036
.00431
.00029
.00658
.00075

.01741
.00050
.00250
.01022
.00441
.00657
.00730
.00312
.00325
.00434

.05335
.00113
.01178
.00418
£1365
.01598
.00278
.00786
.00134
.31920

.00383
.00031
.00203
.00686
.00384
.00392
.00059
.00102
.00358
.00004

30143
.00156
.00021
.02332

36441
.00075
.00089
.00118

.41072
.58928
1.00000

.54212
.45788
1.00000

.00056
.00006
.00062
.00023
.00001
.00002
.00051
.00012
.00029

n
.00014

.06666

.00006

.00142

.06445

.00005

.00001

.'00002
.00003
.00017
.00009
.00021

0

.00022
.00002
.00017

.00001
.00006

O

.00082

.00057

.00017

.00024

.00016
.00045
.00091
.00118
.00228
.00026
.01023
.00093
.01315

.00005
.00028
.00098
.00172
.00273
.00013
.00185
.00008
.01087

.00023
.00003
.00365
.00143
.00196
.01839
.00008
.00728
.00003
£1812

.00001
.00003
.00147
.00082
.00188
.00235
.00004
.00290
.00040
.01391

.00329
.04425
.05416
.03193
.00513
£1410
.09486

.00773
.00432
.00073
.02349
.00180
.01364
.00117

.02363
.00240
.00163
.00403
.00214
.00874
.00127

.00594
.00036
.00102
.00435
.00047
.16855
£1144

.00057
.00003
.00172
.00160
.00027
.03374
.31305

.00207
.00011
.00054
.00354
.00146
.00253
.00029
00053
.00323
.00002

.00710
.00333
.01262
.00786
.01217
£1188
.00160
.00476
.00032
.00012

.02338
.00703
.00416
.00094
£1156
.04882
.02002
.01365
.02130
.00244

.05778
.00142
.00471
.00466
.03367
.01777
.04968
.01308
.01633
.00047

.03310
.00281
.00149
.04361
.02525
.04543
.01238
£1171
.00542
.00042

.02795
.00606
.00111
.00667
.01633
.01136
£1171
£1652
.00462
.00038

£0262
.00246
.00015
.00005

56634
.00191
.00012
.00021

.00089
.00385
.00008
.00007

760156
.00206
.00089
.00640

'.oo'ioi
.00346
.00102
.00032

56270
.02482
.00015
£1360

.0*0036
.00398
.00014
.00358

.35253
.64747
1.00000

.61028
.38972
1.00000

.66387
.33613
1.00000

.29688
.70312
1.00000

.30277
.69724
1.00000

.49550
.50450
1.00000

.50002
.49998
1.00000




.00589
£1883
.00021
.01168
.00073
.00002

.00004

'.66271

5656'i
n
".6666V

'.66176
.00004
.00005

5666'i

.00015
.00002
.00600
.00019
.00028
.03398
.00006

£0002
.00359
.00020
.00018
.00853
.00008

.00014

.00021

".66T99

760257
.00159
.00021
.00019
.00001
.00002

.00664
.00093
.00064

".00035
.00005
.00013
.00002
.00407
.00016
.00035
£1339
.00351
.00132

.00558

'.6666V
'.6666V
.00111
.00007
.00001
.00329
.00054
.00021
.04330
.00020

'66052
.01354
.00002
.00468
.01669
.01042
56372
.00006
.00044

£1630
.00007
.00005
.00001
.00001

.00021
.00325
.00062
.00312
.00794
.00009
.00082
.00027
.00008

'.66667
.00006
.00290
.00118
.00007

I6666V
.00004

.66663

.00016
.00062

.00092
.00277

.00043

.00060

.00004
.00001

.00020
.00001

.00004
.00002

.00004
.00002

.00001
.00006

.00008
.00014

00009
.01598

'.66624

.00016
.00017
.00006

.00018
.00299
.00010

.00036

.00008

.00081
.00700
.00237
.00059
.00992
.00040
.00036
.02425
.00042

.00013

.00040

.00047

.00001
.00024
.00035
.00117
.00157
.00004
.00112
.00030
.00405

.00015
.00082
.00044
.00283
.00257
.00422
.00025
.00112
.00119
£1433

.00039
.00905
.02130
.00118
.00457
.00031
.00282
.00007
.01479

.00081
.00016
.00020
.00130
.00060
.01655
.01663

.03116
.01474
.00906
.01361
.00123
.04711
.00115

.08499
.00239
.00201
.00020
.00576
.01936
.01647
.00878
.00363
.00019

.00001

100014
.00005
.00098

.06663
.00004
.00001

n

'.66644
.00079
.00498
.02985
.03758

'.6O5"i6
.00414

.14182
.85818
1.00000

.00146

.00069
.00097
.00046
.00231
.00117
.00265
.00124
.00328
.00119
.00160
.00115
.00253
.00013
.00082
.00043
.01511
.00288

.00027

.00003
.00001
.06666
.00059

'.66145

n

.00011
.00018
.02871
.00725

.00037
.00009
00008
.00191

.00024

.66166

.00051

.00061
.00048
.00040
.00102
.00186
.00006
.00906
.00004
.02582

.00003
.00404
.00213
.00073
.00126
.00013
.00940
.00005
£1239

.00119
.00062
.00633
.00160
.00166
00309
.00057
.01484
.00007
£1542

.01797
.00718
.00218
.02289
.00125
.01273
.00109

.00486
.00063
.00023
£1486
.00067
.00893
.00059

.00262
.00048
.00095
.00674
.00125
.00794
.00177

.00577
.00190
.00038
.01376
.00117
.01138
.00339

.00011
.00060
.00127
.00176
.00231
.00015
.00268
.00004
£1324
.02854
.00271
.00062
.00020
.00441
.00112
.00969
.00120

.03716
.00069
.01668
.00043
£1537
.06561
.01604
.00123
.01319
.00040

.05681
.00126
.02165
.00537
.04170
.03387
.02250
.00697
.01312
.00028

.03372
.00143
.00092
.11605
.00807
.02752
.00876
.00778
.00763
.00018

.04960
£1758
.00313
.04656
.08644
.08999
.00277
.00642
.01527
.00068

.02888
.00476
.00125
.02734
.02394
.06352
£1051
£1149
£1093
.00069

.06731
.01201
.00287
.00133
.01257
.02751
.00579
£1255
£1999
.00774

'.OOOs'i
.00123
.00030
.00015

.00317
.00461
.00567
.00146

.6*13555

'.66565

.00460
.00184
.00015

.00426
.00032
.00295

30618
.00763
.00064
.00261

'.66607
.00706
.00054
.00420

36236
.00399
.00147
.00153

.26254
.73746
1.00000

.45824
.54176
1.00000

.48745
.51255
1.00000

.41188
.58812
1.00000

.41167
.58833
1.00000

.37290
.62710
1.00000

.31110
.68890
1.00000

.00003

£0005
.00005
.00050

.00147
.00008

.00102
.00142
.00003
.00002
.00008

.00019
.00060

.00001

.00014
.00013
.00074
.00128

35i61

.00589

£0026
.00002

.00112

.00009
.00008
.00001
.00031

.0008

.00010

n
.00031

56662
.00212
.00004
.00012
.00162

.06623

n

.00149
.00009

.66664

0

.00009

73D

0.00012

.00032
.00008

Other
business and
professional Advertising
services, except medical

'.666O6
.00007
36io6
36661

Commodity number

of industry output, at producers' prices]

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52
53
54
55
56
57
58
59A
59B
60
61
62
63
64
65A
65B
65C
650
65E
66
67
68A
66B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
80
81
82
83
84
85
1
VA
T

JO

• May 1994

SURVEY OF CURRENT BUSINESS

Table 3.1.—Commodity-by-lndustry Direct Requirements, 1987 Benchmark—Continued
[Direct requirements per dollar of industry output, at producers' prices]

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

Industry number
1
2
3
4

5+6
7
8
9^10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A

26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48

49
50
51
52
53
54
55

56
57
58
59A
59B

60
61
62

63
64
65A
65B

65C
65D
65E

66
67

68C
70A
70B
71A
71B
72A
72B
73A
73B

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

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
voai mining ....
Crude petroleum and natural gas
Nonmetallic minerals mining

.....

Drugs

Finance

Insurance
Owner-occupied dwellings .
Real estate and royalties ..
noieis ana looging places .
Personal and repair services (except auto)
Computer and data processing services
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
.„
Eating and drinking places ....
Automotive repair and services
Amusements
Health services
taucBuonai ana social services, ana memDersmp organizations
Federal Government enterprises
State and local aovernment enterprises
Noncomparable imports
Scrap, used and secondhand goods
General government industry
Rest of the world adjustment to final uses
Household industry
Inventory valuation adjustment
Total intermediate inputs .......

* Less than .000005.




Amusements

Health
services

Educational
and social
services, and
membership
organizations

74

75

76

77A

77B

0.00187
.00691
.00799
.00005

.00013

.00002

'"00005

.00877

.00501

"".22463

•".66665

.00012

.00012
.00129

""66OO8
.00013

Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products .
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metajworking machinery and equipment
Special industry machinery and equipment
,
General industrial machinery and equipment
Miscellaneous machinery, except electrical ....
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment.
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks) ..
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services; passenger ground transportation .
Motor freight transportation and warehousing
Water transportation
Air \rflnsoonflMOO •»•*•••««•••••••• •••^•••••••••••••••••••« ••**••••••••
Pipelines, freightforwarders,and related services .
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade

Value added .. .
ToW.

Automotive
repair
and
services

Federal
Government

.0035^
.00415
.00003
.00141
.00030

.00145
.00012
.00033
.00061
.00045

.00056

.00008
.00600
.02802
.01018
.00004
.00648
.00028

'".66661
.00698
.00032
.00162
.00018
.0001

n

79

0.00054
.00062
.00020
.00317

0.00009
.00032
.00034
.00006

""ooi'So

.00002 ""'.00002

'66665

'.02336

"".01528

.01301

.00088
.00011
.00177
.00116
.00267
.00012
.00195
.00008
.00036
.00495
.00214
.00012
.00014
.00003
.00133
.00494
.00068
.00004
.00003
.00001
.00035

.01910
.00248
"".66272
.02314
.00004
.00233
.00085
.00002

.00032
.00010
.00002
.00171

.00014
.00044
.00008

.00070
.00032
.00007
.00843
.00017

.00073
.00001
.00009
.00233
.01637
.00171

""'66683
.00124
.00025
.00644
.00678
.00024
.00165
.00003
.00012

.00001
.00064

""OOO65
.00075
.00001
.06116
.00165
.00002
.00013
.00205

""6i412
.00108
.00031
.00007
.00002

'"66662

.00072
.00052

.00110
.00189

.00198
.00018

.00003
.00005
.00044
.00088
.00304

.00007
.00001

.00009
.00012

.00022

""66621
.00070
.00007
.00005
.00009
.00132
.00080
.00124
.00110

.00038
.00030
.00006
.00049
.00005
.00007
.00058
.00012
.00014
.00083

.00018
.00618
.00003
.00028
.00726
.00072
.00151
.00001
.00057
.00163

"".66678

"".00589

"".66279

""66674
.00009
.00029
.00116
.01594
.03561
.00169
.02041
.00023
.00322

"66*186

.00619
.00182
.00182
.00829
.00023
.00099
.00096

.06452
04435
.00437
.02254
.00032
.00580
.00708

.00002
.00001

.00044
.00055
.00002
.00007

.00023
.00002
.00002
.00018
.00009
.00070

00042
.00003

""66736
.00138

.00085
.00005
.00009
.00046

.00091
.00002
.00007
.00092

.00002

""67633

""66626
.00028
.00031
.00003
.00036
.00140
.00225
.00184
.00614
.00736
.00086
.00030
.00371
.00082
.00070
.00001
.00781
.00384

.00013
.00003

"".66613 "766032
•'"66i31 "".00001
.00017
.00238
.00234
.00118
.00241
.00052
.00300
.00002
.00841

.01979
.00202
.00077
.00099
.00249
.00025
.00282
.00006
.00819

""666O6
.00081
.00326
.00502
.00155
.00518
.00027
.01705
.00015
.01154

.00937
.00443
.00086
.01955
.00085
.00428
.00361

.01335
00632
.00167
.01612
.00086
.01366
.00468

84

1.00000
1.00000

1.00000
1.00000

.00024
.00021
.00062
.00633
.00445
.00288
.00141
.00108
.00336

.02123
.00174
.00157
.04442
.00013
.01066
.00016

.00770
.00398
.00063
.03596
.03714
.03214
.01731

.01407
.00282
.00160
.00637
.00058
.00918
.00099

.04250
.00013
.00272
.00103
.01063
.01977
.02211
00377
.00193
.00461

.03553
.00117
.01369
.00013
.00585
.03061
.01161
.00662
.01915
.00014

.05301
.00294
.00527
.00418
.02735
.04947
.03332
.00740
.00606
20386

.10665

.6i66

.00268
.00918
.01519
.03354
.02133
.00762
.00851
.00635

.00057
.00020
.00066
.00174
.00994
.00006
.00170
.01145
.00085

"".66987
.00073
.00025
.00374
.03169
.01232
.00150
.00163
.00259
.00005

.00143
00057
.00089
.00035

.00129
00404
00286
.00009
.00129

"60485
.00467
.00109
.00197

"".66233
.01368
.00148
.00560

"".66628
.00839
.00054
.02389

"".661T7
.00101
.00008

.48045
.51955
1.00000

.52263
.47738
1.00000

.51974
.48026
1.00000

.52456
.47545
1.00000

25633
.74367
1.00000

.60063
.39937
1.00000

.35364
.64636
1.00000

82

Inventory
valuation
adjustment

n

D
"".66663

.00014
.00010
.00041
.00958
.00008
.00516
.00133

.00038
.00075

.00030
.00006
.00159
.00045
.00131
.00001
.01001
.00079
.00378
.06383
.00148
.00040

.00005
.00111
.00229
.00014
.00001
.00456
.00037
.00053
.00774
.01925
.00003

nousenoio
industry

.00036
23160
.00001
.00006

.00003
.01945

General
government
industry

.00001

.01259
.00001
.00865

.00810
.00001
.00897

.02549
.03684
.00187

.OOOi'i

local

0.00018
.00036
.00008
.00047

000026
.00011
.00005
.00730

.00004
.00025

.OO662 "".60407

State and
government
enterprises

78

.00002

New construction
Maintenance and repair construction

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

Eating
and
drinking
places

1.00000
1.00000

SURVEY OF CURRENT BUSINESS

May 1994

•

71

Table 3.2.—Input Components by Industry: Direct Requirements, 1987 Benchmark
[Direct requirements per dollar of total industry output, at producers' prices]
Value added
Industry
number

Total

1
2
3
4
5+6
7
8
9+10
11+12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
50
51
52
53
54
55
56
57
58
59A
61

62
63
64
65A
65B
65C
65D
65E

66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B

73C
73D
74
75

76
77A
77B
78
79
82
84

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
Construction
Ordnance and accessories
Food and kindred products
• 0 0 8 0 0 0 DI^OOUCiS •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••«••••«•«•••#•##•••

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

* Less than 0.000005.




0.17231
.53862
.49729
.44809
.51061
.60852
.65874
.63355
.47026
.60207
.30830
.63659
.31743
.27244
.42072
.40707
.35572
.46930
.41812
.34519
.58394
.51667
.44180
.24895
.35319
.61569
.53105
.46123
.17595
.43968
.42317
.51040
.47020
.37259
.25212
.28740
.43252
.44371
.50129
.44167
.44300
.46004
.58748
.52881
.53367
.59184
.43345
.46508
.51221
.42928
.51564
.49968
.55279
.45393
.18644
.38078
.48105
.47320
.57468
.57103
.47574
.61402
.55749
.31791
.46168
.59089
.58928
.45788
.64747
.38972
.33613
.70312
.69724
.50450
.49996
.85818
.73746
.54176
.51255
.58812
.58833
.62710
.68890
.51955
.47738
.48026
.64636
.47545
.74367
.39937
1.00000
1.00000
1.00000

business
Compensation of Indirect
tax and nontax
employees
liability
0.03754
.06478
.10449
.44779
56965
.32937
.13889
.30914
.30704
.39347
.13438
.10812
.21999
.17078
.27269
.23828
.22187
.31030
.20152
.24971
.30950
.31472
.18468
.14431
.16128
23026
.15973
.20750
.04973
27384
.27146
.30307
.27331
.26280
.18522
.16959
29073
.35169
.33126
.28186
.27951
.33485
.46371
.37816
.36769
.46946
24338
29362
.34937
23829
29800
.27968
.38079
.31595
.11354
27637
.36531
.36180
.39191
21677
.26101
.42909
.35059
.23829
.30466
.30664
.22815
.33629
.14696
.12770
.31170
.41227
.44662
.38188
.36059
!07161
26010
.31868
.41832
.44407
.41735
.46615
.39117
.22184
.31601
.52626
.44604
.68457
27771
1.00000
1.00000

0.01247
.02923
.02123
5)7363
.07986
.04676
.05306
.00725
.00746
.02217
.17817
.00616
.00638
.00373
.00491
.01717
.00626
.01641
.00802
.00513
.01095
.02162
.01670
.01883
.00423
.00553
.00263
.07681
.01954
.00317
.01357
.01837
.01738
.01046
.00712
.01119
.01602
.01127
.01244
.01678
.00919
.01295
.01005
.01127
.01252
.00787
.00674
.01074
.00824
.00899
.00879
.01751
.01126
.01572
.02314
.00747
.00486
.01118
.01113
.00933
.03637
.02655
.02855
.07539
.02478
.07392
.02039
.06962
.04665
.05185
.13622
.12616
.02902
.07191
.15677
.13997
.09020
.01791
.01076
.00460
.01790
.00795
.04588
.03290
.03653
.00562
.00274
'.00037

Other value
added
0.12231
.44461
.37157
.00030
.16733
.19929
.47308
.27136
.15597
.20113
.15176
.35029
.09129
.09528
.14430
.16388
.11668
.15273
20019
.08746
26931
.19100
23551
.08794
.17308
.38119
.36579
25109
.04941
.14630
.14854
.19376
.17852
.09241
.05644
.11069
.13059
.07600
.15877
.14737
.14671
.11600
.11083
.14060
.15471
.10986
.18220
.16473
.15210
.18275
.20665
21121
.15449
.12672
.05719
.08127
.10827
.10654
.17159
.34313
20540
.14856
.18035
.05108
.08163
25947
.28721
.10119
.43070
21537
-.02741
.15463
.12446
.09360
.06749
.70142
.52588
.19147
.17596
.15903
.13966
.19185
21480
.08250
22263
.12772
.11449
.02667
.05910
.12130
1.00000

Total Intermediate
inputs

0.82769
.46138
.50271
.55191
.48939
.39148
.34126
.36645
.52974
.39794
.69170
.36341
.68257
.72757
.57928
.59293
.64428
.53071
.58188
.65481
.41606
.48333
.55820
.75105
.64682
.38431
.46895
.53877
.82405
.56032
.57683
.48960
.52980
.62741
.74788
.71260
.56748
.55629
.49871
.55833
.55700
.53996
.41252
.47119
.46633
.40616
.56655
.53492
.48779
.57072
.48436
.50032
.44721
.54607
.81356
.61922
.51895
.52680
.42532
.42898
.52426
.38598
.44251
.68209
.53832
.40911
.41072
.54212
.35253
.61028
.66387
.29688
.30277
.49550
.50002
.14182
.26254
.45824
.48745
.41188
.41167
.37290
.31110
.48045
.52263
.51974
.35364
.52456
25633
.60063

Total

1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
100000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000
1.00000

Industry
number

1
2
3
4
5+6
7
8
9+10
11+12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52
53
54
55
56
57
58
59A
59B
60
61
62
63
64
65A

65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A

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

J2 • May 1994

SURVEY OF CURRENT BUSINESS
Table 4.—Commodity-by-Commodity
[Total requirements, direct and indirect, per dollar

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

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

29B
30
31
32
33+34
35
36
37

40
41
42
43
44+45
46
47
50
51
52
53
54
55
56
57
58
59A
59B
60
61
62

63
64
65A
65B

65C
65D
65E

66
67
68A
68B
68C
69A

69B
70A
70B
71A
71B
72A
72B
73A
73B

73C
73D
74
75
76
77A
77B
78
79
80
81
62
83
84
85

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
Coal mining
Crude petroleum and natural gas

Nonmetallic minerals mining

New construction
Maintenance and repair construction
Ordnance and accessories

Food and kindred products

IOOdOOO DfOQUC*S •••••••••••• ••••••••••••§••••••••••••••••••••*•»••••••••••••••••••••*••••**••

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

Air transportation

Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations .
Federal Government enterprises
State and local aovemment enterprises
Noncomparable Imports
,
Scrap, used and secondhand goods
General government industry
Rest of the world adjustment to final uses
Household industry
Inventory valuation adjustment
Total commodity output multiplier

* Less than .000005.




Livestock
and
livestock
products

Other agriForestry
cultural,
cultural
forestry,
and fishery
products
and fishery
products
services

Metallic
ores
mining

3

5+6

1

0.03001
.03557

1.31121
.39050
.00213
.09131
.00089
.00362
.01734
.00511

0.03283
1.06613
.00092
.08382
.00220
.02007
.00981

1.01892
.14880
.00079
.00151
.02738
.00309

.02848
.00006
.21258

.02485
.00005
.00812

.02041
.00329
.05372

.02717
.00006
.02256

.0018

.00206
.00123
.00016
.00160
.00825
.00008
.00031
.00489
.01843
.08363
.00367
.00023
.00072
.00065
.02388
.01017
.00014
.00096
.00375
.00569
.00357
.00089
.00232
.00142
.00530
.00094
.00951
.00029
.00186
.00034
.00207
.00290
.00036
.00047
.00144
.00014
.00134
.00032
.00173
.00604
.00003
.00478
.00035
.00032
.00040
.00066
.00079
.00802
.03178
.00179
.00594
.00309
.01010
.00008
.01581
.01148
.00650
.06977
.00583
.02445
.03875

.00471
.00955
.00024
.00435
.00370
.00011
.00782
.00414
.00029
.00927
.01430
.03302
.00565
.00039
.00071
.00128
.04331
.00738
.00046
.00197
.00215
.00745
.00524
.00383
.00227
.00193
.01025
.00333
.00461
.00019
.00109
.00043
.00270
.00195
.00052
.00055
.00145
.00022
.00107
.00039
.00197
.00186
.00046
.00436
.00084
.01753
.00214
.00085
.00082
.00504
.01694
.00419
.00715
.00354
.00723
.00008
.00975
.00654
.00227
.05566
.00417
.02266
.02395

.00593
.00034
.00403
.00512
.00008
.01406
.01209
.00041
.00797
.03146
.16772
.00567
.00060
.00128
.00095
.02453
.01034
.00045
.00208
.00353
.00605
.00416
.00180
.00216
.00216
.00626
.00278
.00582
.00036
.00113
.00057
.00194
.00216
.00068
.00068
.00139
.00021
.00143
.00039
.00214
.00238
.00005
.00610
.00129
.00094
.00056
.00119
.00152
.01207
.03423
.00330
.02333
.00454
.00881
.00014
.01761
.01454
.00355
.10251
.00728
.02178
.01631

.10419
.00349
.00329
.00591
.01449
.03171
.01627
.00636
.01253
.00368
.01156
.00150
.00303
.00112
.00771
.00089

.11364
.00268
.00294
.00473
.01184
.02950
00988
100520
.01040
.00274
.00031
.00117
.00234
.00085
.00410
.00075

.03125
.00378
.00351
.00820
.03944
.03419
.00980
.00556
.02350
.00367
.00048
.00369
.00309
.00119
.00471
.00075

.04863
.00351
.01025
.00977
.02345
.03432
.01639
.00906
.03384
.01752
.00091
.00326
.00457
.00144
.00787
.00106

2.83998

1.92381

1.92452

2.17862

.00149
.00022
.00106
.00704
.00009
.01517
.00865
.00042
.00694
.01729
.04315
.00468
.00434
.00155
.00080
.02259
.01401
.00059
.00374
.00315
.00762
.00588
.00629
.00255
.00232
.00615
.00100
.00792
.00028
.00254
.00044
.00234
.00280
.00043
.00055
.00167
.00015
.00143
.00040
.00196
.00519
.00004
.00477
.0O039
.00061
.00068
.00082
.00101
.01947
.05508
.00343
.00671
.00408
.01348
.00013
.02775
.01027
.00534
.11019
.00619
.03145
.02867

0.08195
.12721
.00209
1.01938

.00256
.02529
.01289

Coal
mining

Crude
petroleum
and
natural
gas

Nonmetallic
minerals
mining

New construction

9+10

0.00067
.00079
.00112
.00079
1.08507
.01578
.02745

0.00045
.00058
.00062
.00060
.00134
1.12459
.01668
.00256

0.00050
.00056
.00037
.00147
.00061
.00257
1.04700
.00111

0.00061
.00068
.00041
.00067
.00184
.01139
.02352
1.04167

.03185
.00006
.00238

.02190
.00004
.00152

.03962
.00003
.00155

.02313
.00011
.00217

.00096
.00059
.00028
.00025
.01238
.00012
.00524
.00196
.00022
.00403
.04964
.00087
.00549
.00012
.00054
.00117
.03407
.01986
.00009
.00134
.00776
.04067
.01146
.00054
.01045
.00904
.00756
.00864
.02234
.00608
.00290
.00041
.01628
.00502
.00057
.00070
.00734
.00015
.00189
.00035
.00196
.00212
.00006
.00607
.00052
.00112
.00134
.00078
.00088

.00183
.00052
.00058
.00019
.00674
.00007
.00439
.00164
.00017
.00322
.01419
.00049
.00441
.00004
.00034
.00077
.02629
.01660
.00008
.00074
.00649
.01940
.00765
.00030
.00676
.00919
.00837
.00841
.04992
.00461
.00186
.00022
.02313
.00681
.00028
.00043
.00707
.00010
.00200
.00023
.00126
.00102
.00005
.00250
.00030
.00079
.00048
.00057
.00058
.03300
.01435
.00342
.00353
.00296
.00538
.00008
.03419
.00682
.00370
.05087
.00263
.01564
.00579

00032
.00025
.00014
.00012
.00376
.00010
.00388
.00073
.00015
.00309
.01614
.00054
.00129
.00004
.00033
.00067
.00792
.00304
.00006
.00052
.00644
.00805
.00276
.00022
.00298
.00084

.00108
.00049
.00051
.00029
.00385
.00007
.00908
.00212
.00202
.00412
.02914
.00062
.00452
.00008
.00084
.00076
.02937
.01588
.00010
.00114
.00923
.01587
.01367
.00040
.00618
.00454
.00728
.00610
.02077
.01216
.00192
.00032
.01603
.00379
.00062
.00040
.00765
.00012
.00143
.00027
.00188
.00134
.00003
.00177
.00049
.00025
.00062
.00070
.00099
.00694
.02641
.00217
.00725
.00329
.00752
.00008
.05837
.02748
.01163
.04080
.00259
.02559
.00508

.00240
.00375
.00046

.03306
.00373
.00210
.01162
.02930
.02232
.00990
.00507
.03590
.00143
.00001
.00358
.00381
.00138
.00671
.00224

.04150
.00166
.00136
.00394
.01667
.01579
.00934
.00386
.01335
.00135

50414
.00166
.00112
.00277
.01768
.01309

1.93812

.01841
.00272
.00759
.00346
.00756
.00008
.11361
.02918
.00408
.04581
.00487
.02302
.01068

0.00146
00222
.00665
.00377
.00385
.01911
.01386
1.00010
.01315
.00020
.00350

Ordnance
and

Maintenance
and repair
construction

accessories

12

13

0.00149
.00226
.00679
.00694
.00375
.00383
.01921
.01407

0.00065
.00072
.00047
.00052
.00485
.00355
.00727
.00098

"7.01322
.00020
.00356

1.02762
.00236

loTfii"

.01937
.00021
.00407
.05991
.04262
.02822
.00086
.05362
.00608
.02217
.00072
.00343
.00282
.00262
.00049
.00550
.00249
.00068
.01186
.00798
.00267
.01732
.00372
.00355
.00237
.00004
.00337
.00043
.00042
.00313
.00123
.00235
.00804
.03035
.00193
.00636
.00310
.01314
.00012
.01683
.01047
.00251
.07547
.04162
.02440
.00949

.00245
.00383
.00047
.00070
.08105
.00228
.01045
.00364
.00034
.00510
.02001
.00189
.00886
.00008
.00081
.00954
.02880
.01982
.00021
.00414
.06047
.04069
.02867
.00088
.05423
.00617
.02272
.00069
.00275
.00287
.00266
.00050
.00543
.00250
.00069
.01209
.00810
.00272
.01767
.00379
.00361
.00243
.00004
.00342
.00044
.00042
.00319
.00125
.00240
.00800
.03067
.00194
.00658
.00313
.01329
.00012
.01697
.01048
.00252
.07607
.04242
.02482
.00964

"6oi56"
.00077
.00071
.00052
.00459
.00048
.00754
.00279
.00031
.00454
.01622
.00060
.00697
.00006
.00044
.00110
.00739
.01680
.00015
.00125
.00498
.03645
.04737
.00035
.00247
.01124
.02441
.00154
.00046
.00019
.00673
.00041
.01163
.00759
.00178
.00038
.00428
.00008
.00103
.02739
.04467
.00190
.00004
.00284
.11675
.00026
.01599
.00134
.00071
.00385
.01432
.00084
.01041
.00177
.01117
.00027
.01979
.01106
.00238
.04535
.00185
.01099
.00484

.00165
.00050
.00382
.00121

.00413
.00560
.00204
.00001
.00098
.00128
.00026
.01132
.00050

.02818
.00984
.00305
.01494
.01636
.02178
.00945
.00504
.00662
.00165
.00001
.00223
.00315
.00053
.00392
.00135

.02767
.00447
.00233
.00874
.07446
.04852
.01454
.00788
.01908
.00230
.00002
.00192
.00332
.00078
.00442
.00313

.02748
.00455
.00237
.00888
.07589
.04930
.01460
.00800
.01942
.00232
.00002
.00195
.00337
.00079
.00448
.00308

'.02102
.00380
.00189
.00477
.01883
.02671
.03236
.00639
.00638
.00389
.00001
.00170
.00220
.00058
.00482
.00360

1.72805

1.55934

1.70438

2.03625

2.04837

1.79317

.00068
.00339
.00016
.00140
.00017
.00282
.00112
.00022
.00054
.00293
.00016
.00111
.00028
.00091
.00048
.00001
.00088
.00017
.00012
.00031
.00056
.00043
.00251
.00609
.00182
.00284
.00112
.00534
.00014
.01991
.01317
.00227
.01532
.00232
.01092
.00664

.07938
.00224
.01030
.00359
.00033
.00503
.01929
.00188
.00868
.00008
.00076
.00935

SURVEY OF CURRENT BUSINESS

May 1994 •

73

Total Requirements, 1987 Benchmark
Food and
kindred
products

Tobacco
products

14

15

Broad and
Miscelnarrow
laneous
fabrics,
textile goods
and floor
yam and
thread mills coverings

Apparel

16

17

0.00284
.08046
.00051
.00659
.00038
.00220
.00572
.00115

0.01661
.12293
.00066
.01077
.00163
.00868
.02155
.00289

0.00570
.03525
.00089
.00356
.00238
.00839
.02619
.00283

0.00580
.03398
.00621
.00409
.00084
.00436
.01170
.00121

.01970
.00777
.00007
.00002
1.25003
.00197
(*) 1.16115
00184
.00099
.00116
.00043
.00025
.00019
.00086
.00022
.00766
.00479
.00007
.00003
.03851
.03927
.02686
.04390
.00039
.00033
.01407
.02149
.02431
.01156
.01861
.00662
.00912
.00416
.00475
.00005
.00153
.00123
.00133
.00049
.01558
.00692
.02872
.00744
.00025
.00007
.01702
.00042
.00288
.00100
.01432
.00321
.01608
.00220
.03404
.00038
.00160
.00063
.00411
.00079
.00876
.01060
.00061
.00021
.00297
.00090
.00014
.00025
.00175
.00079
.00104
.00061
.00254
.00089
.00220
.00141
.00040
.00022
.00046
.00020
.00144
.00054
.00013
.00005
.00091
.00038
.00033
.00018
.00188
.00110
.00216
.00078
.00003
.00001
.00278
.00150
.00040
.00021
.00060
.00012
.00066
.00046
.00096
.00070
.00077
.00041
.01541
.00319
.04465
.01286
.00360
.00063
.00696
.00377
.00337
.00119
.01066
.00517
.00036
.00032
.02600
.00950
.01606
.00493
.00478
.00184
.11075
.03913
.00408
.00188
.01941
.01226
.01460
.00701

.02231
.00006
.00637

.02038
.00005
.00705

.01367
.00006
.00539

1.36175
.01410
.00108
.00056
.00497
.00007
.01558
.00990
.00030
.00506
.12349
.01141
20141
.00038
.00535
.00156
.01712
.02218
00030
.00919
.00275
.00513
.00343
.00136
.00168
.00134
.00432
.00064
.00184
.00074
.00157
.00541
.00176
.00287
.00048
.00050
.00153
.00019
.00090
.00032
.00208
.00137
.00002
.00228
.00034
.00035
.00074
.00098
.00087
.01079
.02679
.00223
.00564
.00301
.00947
.00017
.05521
.02485
.00714
.09993
.00343
.01579
.01089

.31716
1.04613
.00128
.00152
.00667
.00007
.02886
.01336
.00035
.00635
.18723
.00555
.30257
.00050
.00852
.00213
.01680
.02993
.00024
.00384
.00282
.00686
.00450
.00181
.00173
.00157
.00546
.00063
.00110
.00038
.00163
.01673
.00231
.00307
.00050
.00048
.00229
.00016
.00081
.00034
.00223
.00092
.00002
.00186
.00035
.00043
.00093
.00111
.00089
.01324
.03734
.00430
.00571
.00373
.01037
.00030
.04539
.03320
.00628
.08389
.00325
.01640
.00920

0.29427
.17841
.00864
.03001
.00190
.00412
.01403
.00296

MiscelLumber
laneous
fabricated and wood
textile
products
products

Furniture
and
fixtures

AgriPaper
Other
Papjj- News- nrin+inn
Industrial cultural
and allied
and other fertilizers
products, containers papers and pnnting
and
and
except
chemicals
periodicals
publishing
chemicals
containers and boxes

28

29A

29B

preparations

Paints and
allied
products

27A

27B

0.00179
.00250
.00484
.00140
.00180
.00838
.02220
.00360

0.00117
.00122
.00162
.00080
.00060
.00300
.00942
.00126

0.00142
.00178
.00214
.00092
.00120
.00450
.01245
.00180

0.00270
.00605
.00158
.00133
.01063
.01070
.08991
.01055

0.00339
.00303
.00076
.00113
.00304
.00772
.09042
.08471

0.00248
.00928
.00098
.00143
.00511
.01129
.04428
.00501

0.00515
.00351
.00060
.00093
.00095
.00261
.00897
.00115

0.00658
.00487
.00085
.00116
.00242
.00379
.02214
.00247

0.00514
.00506
.00206
.00129
.00859
.00551
.03369
.00572

.02329
.00008
.00991
.00005
.01686
.00645
.00045
.00037
.10251
.00018
150376
.01925
.00030
.00693
.09110
.00562
.04453
.00025
.00687
.00206
.02214
03925
.00016
.00178
.00469
.00758
.00643
.00120
.00244
.00331
.01490
.00069
.00113
.00038
.00189
.00644
.00273
.00345
.00047
.00056
.00192
.00033
.00115
.00033
.00198
.00088
.00004
.00355
.00055
.00068
.00139
.00092
.00081
.01897
.04004
.00322
.00965
.00407
.00933
.00019
.04822
.03238
.01806
.08348
.00463
.01563
.01046

.02072
.00006
.00633
.00002
.00827
.00315
.00036
.00029
.04797
.00012
.54557
1.01252
.00027
.00578
.07897
.00305
.04706
.00021
.00352
.00413
.02371
.02488
.00027
.00134
.00332
.01030
.00909
.00112
.00189
.00237
.01416
.00059
.00079
.00029
.00213
.00719
.00209
.00347
.00042
.00051
.00187
.00020
.00094
.00034
.00176
.00081
.00004
.00334
.00047
.00065
.00112
.00085
.00077
.02248
.04873
.00278
.00821
.00421
.01099
.00014
.03833
.02378
.01008
.08815
.00467
.01350
.00967

.01325
.00008
.00433
.00001
.00292
.00125
.00023
.00027
.01545
.00006
.16668
.00467
1.01058
.11150
.02875
.00117
.00813
.00010
.00136
.00069
.01143
.01121
.00019
.00075
.00156
.00304
.00306
.00048
.00106
.00127
.00387
.00030
.00044
.00019
.00088
.00341
.00109
.00146
.00112
.00038
.00110
.00012
.00065
00039
.00321
.00178
.00002
.00224
.00143
.00031
.00173
.00348
.00109
.00800
.01800
.00099
.02680
.00325
.01159
.00027
.01558
.00773
.00354
.04217
.00275
.01626
.00682

.01436
.00005
.00515
.00001
.00592
.00246
.00029
.00030
.02042
.00007
.22192
.00987
.00375
1.09425
.05733
.00159
.01644
.00015
.00168
.00136
.01274
.02936
.00038
.00105
.00205
.00443
.00734
.00070
.00125
.00167
.00614
.00038
.00048
.00020
.00114
.00611
.00128
.00200
.00118
.00039
.00140
.00012
.00074
.00035
.00273
.00107
.00002
.00277
.00054
.00035
.00265
.00765
.00270
.01104
.02659
.00148
.00961
.00270
.00973
.00020
.02331
.01189
.00522
.06566
.00343
.01531
.00794

.02496
.00006
.00985
.00001
.00152
.00068
.00020
.00053
.00602
.00008
.02265
.00884
.00032
.00596
1.26727
.00893
.01978
.00231
.00387
.00648
.03020
.02256
.00014
.00297
.00400
.01128
.00827
.00728
.00203
.00180
.01262
.00090
.00179
.00051
.00157
.00564
.00264
.00256
.00052
.00073
.00263
.00012
.00092
.00033
.00223
.00084
.00003
.00170
.00046
.00053
.00161
.00110
.00068
.01772
.03329
.00422
.00710
.00756
.00981
.00020
.05091
.05469
.00658
.06867
.00332
.01598
.00822

.02748
.00008
.01313

.02245
.00005
.00685

.01342
.00005
.02459

.01825
.00006
.02074

.00i2
.00070
.00028
.00043
.00543
.00008
.02254
.00917
.00053
.02127
.17960
1.22105
.00916
.00125
.00496
.00210
.02583
.02297
.00013
.00460
.00585
.00907
.00721
.00703
.00245
.00256
.00997
.00118
.00268
.00125
.00140
.00167
.00457
.00237
.00061
.00062
.00260
.00014
.00107
.00041
.00243
.00109
.00005
.00268
.00043
.00088
.00141
.00124
.00083
.03225
.09354
.00643
.00711
.00669
.01354
.00024
.04950
.07333
.01264
.09530
.00523
.03345
.01024

.00993
00131
!00035
.00039
.00576
.00007
.02991
.01132
.00031
.00583
.41361
.00695
1.06491
.00110
.00687
.00476
.02057
.05126
.00015
.00258
.00335
.00744
.00535
.00359
.00172
.00165
.00807
.00072
.00124
.00034
.00164
00322
.00373
.00300
.00054
.00057
.00194
.00013
.00089
.00034
.00205
.00088
.00003
.00184
.00041
.00060
.00110
.00109
.00074
.02098
.03384
.00535
.00668
.00498
.01043
.00021
.05002
.05044
.00713
.08044
.00328
.01478
.00862

.01150
.00006
.00709
(*)
00111
.00061
.00016
.00019
.00329
.00004
.01859
.01212
.00024
.01040
.04204
00304
.00753
1.11168
.00161
.00071
.00680
.02897
.00012
.00655
.00151
.00473
.00404
.00506
.00121
.00312
.00488
.00025
.00042
.00017
.00079
.00066
.00131
.00116
.00087
.00030
00086
.00008
.00053
.00029
.00235
.00066
.00001
.00135
00030
.00019
.00144
.00106
.00065
.00388
.01095
.00104
00530
.00142
.01008
.00015
.01627
.01308
.00233
.05894
.00181
.01315
.00435

.00268
.00183
.00021
.00035
.00571
.00005
.03542
.03937
.00032
.01642
.13962
.00195
.03178
.00306
1.04548
.00349
.01941
.06275
.00012
.00937
.00245
.01169
.00975
.01497
.00148
.00754
.01730
.00038
.00058
.00021
.00146
.00145
.00317
.00228
.00037
.00036
.00130
.00009
.00062
.00028
.00184
.00061
.00002
.00150
00038
.00031
.00087
.00101
.00193
.00935
.02629
.00258
.00658
.00309
.00912
.00030
.02095
.01931
.00380
.07782
.00232
.01168
.00637

.00019
.00028
.00381
.00006
.01316
.00492
00023
.00722
.30295
.00311
.13322
.00068
.00244
1.02389
.02177
.01425
.00009
.00217
.01479
.01920
.02192
.04734
.00139
.00199
.00797
.00056
.00093
.00030
.00128
.00166
.00212
.00174
.00036
.00042
.00170
.00009
.00069
.00029
.00195
.00063
.00003
.00154
.00031
.00060
.00088
.00082
.00060
.02193
.04405
.00381
.00511
.00456
.01047
.00015
.02859
.02567
.00366
.06629
.00290
.01099
.00573

.03539
.00504
.00301
.02060
.02960
.06036
.03218
.00915
.01420
.00398
.00001
.00341
.01719
.00083
.00624
.00199

.02879
.00615
.00245
.00941
.01721
.02976
.02414
.01036
.01796
.00325
.00001
.00284
.00996
.00107
.00736
.00280

.03893
.00287
.00212
.00705
.03496
.03384
.02460
.00700
.00896
.00314
.00003
.00195
.00328
.00138
.01357
.00116

.04142
.00352
.00251
00883
.02566
.05090
.02882
.00752
.01345
.00369
.00003
.00273
.00374
.00128
.01606
.00397

.03006
.00328
.00395
.00729
.04463
.03384
.02568
.00681
.01035
.00329
.00002
.00290
.00313
.00132
.01156
.00091

.02130
.00265
.00267
.00662
.05838
.04945
.01795
.00542
.00858
.00244
.00005
.00640
.00277
.00089
.02650
.00062

.02255
.00265
.00219
.00464
.01815
.02994
.03686
.00608
.00847
.00439
.00006
.00263
00353
.00114
.01156
.00132

".02531
.00250
.00170
.00463
.02141
.02418
.01820
.00572
.00785
.00239
.00005
.00174
.00260
.00077
.01179
.00187

1.86221 '"7.95456

""tiafii

"Y49770

7.69594 "7.94358

"TiSfi

0.00696
.04147
.00104
.00406
.00116
.00528
.01431
.00164

0.00436
.00518
.11541
.01783
.00180
.00486
.01869
.00249

0.00223
.00668
.01072
.00261
.00456
.00543
.01235
.00185

0.00282
.00394
.01023
.00242
.00174
.01327
.02386
.00654

O
.35141
.00687
1.23173
.02996
.00363
.00005
.01467
.00848
.00029
.00541
.05207
.00368
.08798
.00019
.00771
.00086
.01098
.01721
.00815
.00291
.00159
.00345
.00285
.00082
.00104
.00113
.00308
.00037
.00073
.00032
.00095
.00489
.00117
.00182
.00035
.00035
.00103
.00013
.00060
.00027
.00181
.00071
.00002
.00178
.00034
.00030
.00061
.00085
.00688
.00528
.01785
.00124
.00592
.00196
.00810
.00025
.02934
.01315
.00341
.08018
.00249
.01521
.00716

.01666
.00005
.00692
(*)
35797
.07607
.01270
1.03020
.00900
.00007
.02207
.01752
.00035
.00690
.07704
.00447
.11463
.00024
.00324
.00117
.01161
.04200
.01562
.00409
.00215
.00457
.00359
.00105
.00131
.00141
.00407
.00043
.00089
.00039
.00139
.00448
.00132
.00227
.00043
.00040
.00120
.00018
.00073
.00031
.00201
.00084
.00002
.00169
.00038
.00032
.00073
.00101
.00689
.00751
.02461
.00194
.00572
.00240
.00937
.00021
.03216
.01765
.00660
.10227
.00254
.01911
.00833

.02244
.00044
.00949
(*)
00291
!00442
.00051
.00113
1.40510
.00148
.01313
.00879
.00040
.00626
.03754
.00883
.01521
.00015
.00069
.00876
.02296
.02097
00038
.00573
.01184
.01966
.01060
.00134
.01124
.02214
.03589
.00090
.00105
.00104
.00494
.00215
.00432
.00596
.00042
.00106
.00304
.00295
.00316
.00036
.00200
.00120
.00010
.00682
.00043
.00256
.00101
.00106
.00151
.01782
.03403
.00375
.00607
.00342
.00987
.00024
.03105
.01778
.00526
.10121
.00470
.02111
.01208

.02163
.00012
.00539
(*)
05678
!02924
.00073
.00205
.12839
1.00414
.02028
.01940
.00038
.00623
03835
.00189
.03112
.00013
.00105
.01222
.01287
.04349
.00364
.00592
.00851
.06400
.02787
.00117
.00260
.01457
.04697
.00057
.00072
00039
.00469
.00173
.00469
.00354
.00048
.00059
.00404
.00037
.00119
.00038
.00251
.00084
00003
.00266
.00043
.00058
.00102
.00121
.00255
.01134
.02652
.00200
.00691
.00251
.01036
00028
.02706
.01504
.00438
.09419
.00331
.02260
.00756

24

25

'.04816
.00326
.00293
.00533
.01445
.02883
.04306
.00642
.01137
.00554
.00266
.00171
.00322
.00176
.02348
.00180

.01943
.00149
.00130
.00306
.00773
.01409
.03910
.00327
.00867
.00450
.00003
.00118
.00374
.00066
.00382
.00069

.03265
.00232
.00896
.00623
.01973
.03783
.02011
.00740
.01169
.00285
.00015
.00238
.00355
.00128
.00617
.00063

.02854
.00253
.00722
.00643
.02368
.03250
.03663
.00772
.01039
.00447
.00005
00225
.00422
.00138
.01692
.00130

.02518
.00202
.00619
.00430
.01444
.02595
.02970
.00804
.01221
.00368
00005
.00200
.00498
.00082
.00513
.00046

.02734
.00297
.00806
.00527
.01642
.03205
.02561
.00823
.00874
.00337
.00006
.00697
.00491
.00080
.01044
.00066

.02555
.00271
.00260
.00572
.01843
.03060
.02898
.00893
.01925
.00399
.00006
.00500
.00368
.00108
.00458
.00152

.02543
.00273
.00298
.00626
.02398
.04186
.03382
.00957
.01349
.00466
.00002
.00354
.00431
.00100
.00580
.00400

.02266
.00426
.00375
.00768
.01543
.02453
.02323
.00658
.01882
.00300
.00003
.00256
.00318
.00280
.00603
.01288

.02407
.00295
.00298
.00695
.01507
.02669
.01666
.00727
.01974
.00233
.00002
.00194
.00320
.00183
.00494
.00642

2.60871

1.66836

2.50729

2.61444

2.30648

2.35527

2.36014

2.11025

2.19749

2.38690




a n H tailat
ana
IOHBI

26B

22+23

19

Drugs

26A

20+21

18

Cleaning

Plastics
anH
ana
synthetic
materials

o

-SB

30

n
ri.00188
.00049

1 Commodity nuimber |

of delivery to final demand, at producers' prices]

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52
53
54
55
56
57
58
59A
59B
60
61
62
63
64

65A

65B
65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
78
77A
77B
78
79
80
81
82
83
84
85

SURVEY OF CURRENT BUSINESS

74 • May 1994

Table 4.—Commodity-by-Commodity
[Total requirements, direct and indirect, per dollar

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

Commodity number
1
2
3
4
5+6
8
9+10
11
12
13
14
15
16
17
18
19

20+21
22+23
24
25

products

Rubber
and
miscellaneous
plastics
products

Footwear,
leather,
and
leather
products

31

32

33+34

Petroleum
refining
and
related

Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
N e w construction
Maintenance and repair construction .
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
pp
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes

26A

26B Other printing andpublishing
27A
27B
28
29A

29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45

46
47
48
49
50
51
52
53

54
55
56
57
58
59A

59B
60
61

Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
OtOftd flflO ClflY DT00Uv*8 ••#»»•#•••#»••••#»••••••••••••••••••••••••••••••••*••••••

Primary iron and steel manufacturing
rTifliftry nonTQfTou3 n^oisus mflo uTftctunoo ••••»••••••••••••••••••••••••••
Metal containers
Heating, plumbing, and fabricated structural metal products
OCi6^V ITlflCiiinw DfOOUC*8 oOO ^iflflflQ1flQS ••••••••••••••••••••••••••••••••

Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment
ttdOiTOOIC CQITflpOnftfiiS flfio SOCfiSSOriOS ••••••••••••••••••••••••••»•••••

Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
/MrCTflii flfiO PflnS ••••••••••••«•••••••••••••*••••••••••••••••••••••••••••••••••••••••••

Other transportation equipment

62
63 Ophthalmic and photographic equipment
64 Miscellaneous manufacturing
65A
65B

Railroads and related services; passenger ground transportation .
Motor freight transportation and warehousing

65C Water transportation
65D
65E

66
67
68C
70A
70B
71A
71B
72A
72B
73A
73B

73C
73D
74
75

76
77A
77B
78
79
80
81
82
83
84

Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services
Legal, engineering, accounting, and related services
Other business and professional services, except medical
•
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations ..
Federal Government enterprises
State and local government enterprises
Noncomparable Imports
Scrap, used and secondhand goods
General government industry
Rest of the world adjustment to final uses
Household industry
Inventory valuation adjustment
Total commodity output multiplier

* Less than .000005.




.00073
.00239
.00027
.00137
.00035
.00264
.00154
.00040
.00057
.00235
.00016
.00117
.00036
.00146
.00074
.00002
.00169
.00029
.00032
.00059
.00077
.00062
.00455
.01226
.00502
.04465
.00912
.00015
.03039
.02457
.00386
.06543
.00277
.02401
.01099

Stone
and clay
products

Primary
iron and
steel
manufacturing

36

37

.02311
.00294

0.05008
.03194
.00195
00555
.00131
.00378
.01296
.00180

0.00092 0.00109
.00118 .00146
.00265 .00090
.00094 .00077
.00154 .00260
.00620 .01766
.02602 .02302
.01616 .09481

0.00079
.00087
.00087
.00078
.04279
.03668
.02542
.00718

"•".6i937
.00006
.00463

'".01573
.00005
.15865

.02298 "".02364
.00008 .00156
.00324 .00386

.04090
.00046
.00284

0.00162
.00439
.00102
.00099
.00259

Livestock and livestock products .
Other agricultural products
Forestry and fishery products ......
Agricultural, forestry, and fishery services
Metallic ores mining .

Glass
and
glass
products

.01993
.01219
.00048
.00062
.00912
.00008
.03358
.01676
.00034
.00596
.15131
.00233
20865
.00040
.00250
.00270
.01590
1.06401
.00022
.00715
.00595
.01439
.00905
.00150
.00216
.00715
.01609
.00075
.00074
.00032
.00339
.00430
.00244
.00509
.00052
.00052
.00208
.00013
.00219
.00034
.00292
.00104
.00003
.00218
.00039
.00046
.00121
.00101
.00087
.01551
.04702
.00343
.00605
.00386
.01084
.00018
.04120
.02648
.00543
.08549
.00356
.01524
.00834

.13747
.00236
.00188
.00635
.01927
.02603
.01771
.00581
.00782
.00237
.00001
.00246
.00256
.00048
.01256
.00058

.02631
.00250
.00355
.00857
.02407
.02836
.02136
.00763
.01205

2.36099

8

.00491
.02979 .00070 .00056
.00241 .00041 .00042
.00078 .00028 .00031
.00913 .02988 .00885
.00006 .00011 .00008
.02014 .03510 .02563
.01598 .04972 .00583
.00033 .00034 .00057
.00677 .00606 .00507
.05344
.07570
.00409 .00120 .00091
.04281 .00904 .01016
.00085 .00020 .00014
.00597 .00081 .00333
.00110 .00274 .00274
.01097 .01473 .02240
.04715 .01907 .01090
121914 .00027 .00012
.00342 1.08720 .00300
.00308 .02659 1.13271
.00694 .00777 .01622
.00587 .00673 .00672
.00504 .00090 .00078
.00120 .00194 .00256
.00306 .00454 .00453
.01049 .00549 .01031
.00038 .00062 .00133
.00088 .00093 .00348
.00025 .00039 .00146
.00164 .00700 .00176
.00161 .00172 .00056
.00126 .00195 .00416
.00264 .00496 .00292
.00038 .00042 .00049
.00039 .00048 .00049
.00108 .00398 .00259
.00021 .00051 .00013
.00072 .00114 .00172
.00030 .00042 .00046
.00198 .00199 .00208
.00083 .00076 .00086
.00002 .00003 .00004
.00160 .00215 .00253
.00042 .00048 .00050
.00031 .00051 .00062
.00064 .00169 .00091
.00098 .00092 .00100
.01238 .00068 .00155
.00863 .01843 .02202
.02961 .02928 .08602
.00192 .00208 .00555
.00743 .00826 .00542
.00262 .00327 .00522
.01047 .01588 .01577
.00027 .00028 .00025
.02422 .04434 .04486
.01393 .06227 .03763
.00367 .00440 .00576
.08812 .06976 .05476
.00253 .00320 .00508
.01792 .01426 .01886
.00739 .00671 .00823

.00058
.00042
.00030
.00060
.01047
.00391
.00034
.00610
.04817
.00076
.00474
.00012
.00065
.00158
.01988
.01036
.00016
.00104
.02381
1.18362
.04587
.00068
.00347
.00751
.01931
.00167
.00307
.00103
.00913
.00049
.01912
.00618
.00068
.00077
.01121
.00018
.00145
.00043
.00264
.00106
.00004
.00231
.00045
.00087
.00108
.00112
.00088
.02696
.02959
.00747
.00607
.01023
.00037
.06561
.05598
.01048
.09984
.01617
.00855

Primary
nonferrous
metals
manufacturing

Metal
con-

Heating,
plumbing,
and fabricated
structural
metal
products

40

Screw
machine
products
and
stampings

41

Other fabricated meta
products

42

0.00088
.00102
.00104
.00070
.01158
.00915
.01452
.00251

0.00094
.00106
.00089
.00075
.03790
.01349
.01967
.00283

0.00089
.00092
.00104
.00073
.01766
.01056
.01445
.00283

$561 ""."02510
.00015
.00341

.(£939
.00016
.00327

'.00271 .00151
.00072 .00057
.00034 .00037
.00028 .00030
.01036 .00870
.00010 .00020
.01003 .01947
.00576
00652
.00031 .00041
.00546 .02700
.04592 .04028
00085 .00076
.02811 .01457
.00013 .00011
.00074 .00123
.00188 .01851
.02577 .01832
.02589 .01453
.00013 .00014
.00236 .00131
.01119 .01062
.03229 27527
1.44117 .38678
.00072 1.01851
.00307 .00233
.00556 .00535
.01924 .02542
.00178 .00105
.00300 .00171
.00114 .00065
.01427 .00793
.00054 .00065
.01845 .00987
.00569 .00539
.00053 .00053
.00061 .00058
.01198 .00637
.00015 .00014
.00122 .00102
.00040 .00038
.00375 .00258
.00118 .00095
.00004 .00003
.00324 .00266
.00048 .00061
.00054 .00051
.00101 .00091
.00103 .00124
.00081 .00085
.01531 .01593
.06119 .04643
.00312 .00320
.00758 .01029
.00451 .00388
.01117 .01037
.00020 .00035
.08500 .05364
.04142 .03518
.00446 .00657
.11455 .13234
.00483 .00412
.01981 .01775
.00931

".00127
.00068
.00030
.00043
.01104
.00022
.01156
.00895
.00034
.00515
.02674
.00063
.00958
.00009
.00092
.00713
.01431
.01905
.00014
.00924
.01140
.24540
.12140
.00081
1.02505
.03223
.04394
00099
.00122
.00052
.01432
.00045
.01151
.00647
.00049
.00165
.00794
.00016
.00117
.00042
.00253
.00088
.00024
.00284
.00076
.00044
.00291
.00103
.00118
.01230
.03510
.00262
.00758
.00296
.01086
.00020
.03502
.02423
.00422
.10220
.00404
.01601
.00791

.00226
.00081
00038
.00390
.00702
.00039
.01120
.00727
.00031
.00546
.03040
.00059
.00820
.00009
.00101
.00385
.01262
.01242
.00018
.00299
.01128
.30122
.06276
.00076
.00303
1.02003
.02790
.00147
.00124
.00046
.03432
.00047
.00892
.01613
.00061
.00093

.00563
.00264
.01086
.00022
.03830
.02672
.00612
.09536
.00324
.01808
.00772

.00090
.00048
.00035
.01092
.00017
.01401
.01022
.00033
.00551
.04287
.00071
.01450
.00012
.00096
.00857
.01334
.02759
.00013
.00391
.01048
.16230
.07740
.00109
.00304
.01961
1.05936
.00154
.00102
.00040
.01215
.00062
.00678
.00791
.00065
.00063
.00911
.00014
.00115
.00041
.00342
.00129
.00004
.00309
.00084
.00036
.00110
.00104
.00101
.01005
.02851
.00235
.00782
.00270
.01167
.00027
.03601
.02339
.00398
.08911
.00344
.01751
.00731

0.00091
.00122
.00099
.00077
.10731
.01184
.02538
.00251
.00009
.00312

0.00081
.00096
.00070
.00065
.01487
.01242
.01421
.00274

$844 ""$"743'
.00012
.00016
.00319
.00288

.00016
.00149
.00053
.00264
.00145
.00021
.00766
.00047
.00043
.00103
.00105
.00088
.01296
.03073

R

.00002
.00503
.00325
.00106
.01921
.00142

.00774
.00379
.00518
.01540
.03113
.03246
.00833
.00880
.00402
.00045
.00174
.00649
.00179
.00763
.00080

.02460
.00274
.00233
.00613
.01386
.02174
.03390
.00652
.01276
.00408
.00001
.00182
.00322
.00096
.01055
.00573

.02539
.00287
.00304
.00827
.01484
.02626
.03001
.00712
.01405
.00366
.00001
.00232
.00335
.00079
.00726
.00133

.02439
.00246
.00311
.00780
.01624
.04107
.04521
.00683
.01106
.00532
.00001
.00185
.00386
.00127
.00707
.04800

.02708
.00332
.00412
.00710
.01705
.03444
.02437
.00748
.01914
.00324
.00001
.00267
.00367
.00126
.02417
.06204

.02711
.00361
.00321
.00700
.01561
.03263
.04245
.00761
.01538
.00515
.00001
.00261
.00343
.00140
.01068
.02722

.02435
.00676
.00259
.00579
.01593
.03224
.02437
.00820
.01448
.00327
.00001
.00236
.00346
.00101
.00626
.01600

.02285
.00277
.00328
.00903
.03490
.03156
.02719
.00716
.01166
.00347
.00001
.00454
.00376
.00101
.00575
.01473

.02192
.00273
.00297
.00757
.01644
.03109
.03238
.00762
.01304
.00399
.00001
.00233
.00346
.00121
.00676
.01084

2.15093

2.28687

1.96688

2.00218

2.20036

2.55670

2.60633

2.18228

2.15173

2.02586

SURVEY OF CURRENT BUSINESS

May 1994

•

75

Total Requirements, 1987 Benchmark—Continued

Engines
and
turbines

43

Truck and
MiscelMotor
Farm,
Materials
MetalSpecial
Electrical
General
Audio,
MiscelElectric video,
Electronic laneous
construc- handling working
vehicles
industry industrial laneous Computer Service industrial
and components
efectncal (passenger
lightino. communi"Jailers?8
tion, and machinery machinery machinery machinery machinery, and office industry equipment Household and
machinery cars and and motor
wring
and
appliances
mining
and
and
and
and
cation
equipment machinery
and
and
vehicles
equipment equipment accessories
machinery equipment equipment equipment equipment electrical
trucks)
apparatus
supplies
parts
44+45

46

47

48

49

50

51

52

53

54

56

55

57

59A

59B

0.00112
.00129
.00062
.00072
.01314
.00478
.01264
.00139

0.00124
.00260
.00090
.00087
.00652
.00628
.01432
.00203

000088
.00115
00092
.00071
.01059
.00717
.01318
.00210

.02156
.00006
.00302

.01890
.00019
.00414

'.66186
.00099
.00052
.00029
.00437
.00034
.00969
.00528
.00030
.00478
.04000
.00065
.01919
.00011
.00057
.00116
.00902
.06346
.00013
.01030
.00456
.01977
.07060
.00054
.00596
.01241
.04423
.00048
.00055
.00025
.00429
.00334
.00257
.00438
.01178
.00042
.00700
.00011
.00279
.00206
1.10781
.00207
.00002
.00136
.00074
.00021
.00502
.00099
.00079
.00536
.01651
.00118
.01114
.00213
.01112
.00017
.03050
.01233
.00230
.07558
.00227
.02028
.00594

.00228
.00159
.00044
.00040
.00527
.00026
.01949
.01085
.00045
.00684
.04814
.00082
.02224
.00013
.00073
.00135
.01279
.05920
.00014
.00290
.00471
.03236
09686
.00069
.00660
.01490
.03248
.00080
.00074
.00031
.00531
.00099
.00557
.00653
.00560
.00053
.01377
.00011
.00816
.00183
.07267
1.04470
.00003
.00429
.00252
.00027
.00207
.00144
.00091
.00714
.02274
.00156
.01677
.00299
.01270
.00034
.02959
.01472
.00403
.10065
.00313
.02347
.00781

'.02169
.00011
.00385
(*)
.01496
.00703
.00079
.02807
.00879
.01287
.01531
.00741
.00039
.00696
.03990
00089
.02926
.00012
.00090
.01522
.01474
.09034
.00067
.01323
.00941
.07840
.04540
.00133
.00912
.09226
.03144
.02065
.00075
.00049
.01535
.00096
.01201
.02505
00098
.02377
.00860
.00015
.00565
.01102
.01741
.03512
1.01267
.33245
.00151
.00064
.01087
.00122
.00153
.01220
.04145
.00209
.01264
.00354
.01290
.00037
.02600
.01908
.00399
.14639
.00485
.01884
.01047

'.62253
.01786
.00011
.00217
.00309
.00262
(*)
.00322
.00416
.00297
.00230
.00037
.00036
.00258
.00282
00953
.00416
.00092
.00065
.01226
.00841
.00601
.00241
00035
.00032
.00594
.00549
.02840
.01362
.00064
.00051
.02092
.00920
.00009
.00007
.00078
.00050
.00549
.00284
.01367
.00993
.04854
.01935
.00019
.00015
.00373
.00149
.01182
.00660
.11338
.04013
.08729
.08291
.00074
.00043
.02221
.00496
.04404
.01697
.03257
.02047
.00323
.00058
.00087
.00055
.00050
.00023
.00862
.01984
.00061
.00044
.02711
.00529
.04613
.01406
.00068
.00201
.00554
.00037
.00751
.00531
.00016
.00009
.00235
.00096
.00129
.01727
.01111
.03101
.01726
.00200
.00299
.00002
1.11512
.00142
.00070 1.23685
.00056
.00021
.00190
.03461
.00112
.00110
.00094
.00081
.00970
.00437
.03318
.01376
.00207
.00106
.00872
.02183
.00286
.00264
.01387
.01286
.00036
.00032
.02301
.03188
.01944
.01085
.00349
.00226
.10303
.04962
.00474
00222
.01524
.02379
.00877
.00600

.02314
.00536
.00244
.00679
.01713
.02936
.02040
.00764
.00787
.00328
.00001
.00407
.00275
.00087
.01009
.00409

.02561
.00854
.00316
.00772
.02120
.03285
.04106
.01085
.01534
.00634
.00001
.00256
.00355
.00109
.01071
.01001

.02354
.00374
.00400
.00740
.01821
.03237
.04525
.00896
.02460
.00581
.00001
.00461
.00483
.00143
.01341
.00623

.02181
.00297
.00377
.00684
.01588
.03035
.04334
.00789
.04232
.00526
.00001
.00306
.00514
.00136
.01963
.01095

ilSi'iso

•"'£07i'i8

£60564

0.00066
.00071
.00050
.00056
.01356
.00906
.01124
.00213

0.00084
.00087
.00073
.00066
.00863
.00834
.01155
.00193

0.00089
.00086
.00072
.00063
.00802
.00663
.01078
.00174

0.00083
.00086
.00058
.00056
.00727
.00651
.01071
.00240

0.00085
.00087
.00067
.00059
.00722
.00556
.01035
.00168

0.00080
.00097
.00060
.00057
.00883
.00694
.01044
.00185

0.00076
.00074
.00047
.00055
.00904
.00592
.00864
.00187

0.00087
00086
.00045
.00061
.00369
.00294
.00763
.00081

0.00084
.00092
.00110
.00065
.01040
.00601
.01062
.00269

0.00088
.00093
.00069
.00067
.00946
.00601
.01361
.00215

0.00101
.00154
.00142
.00076
.00764
.00688
.01291
.00223

0.00093
.00118
.00081
.00067
.00837
.00552
.01190
.00195

0.0007C
.00092
.00062
.00058
.00358
.00311
•P0743
.00086

0.00083
.00100
.00049
.00061
.00631
.00433
.00965
.00128

.02236
.00014
.00246

.02348
.00013
.00306

.02461
.00013
.00332

.01835
.00011
.00310

.01998
.00010
.00317

.01980
.00011
.00288

.02089
.00012
.00282

.02003
.00006
.00324

.01973
.00010
.00303

.02129
.00009
.00322

.01941
.00011
.00347

.01865
.00007
.00335

.00120
.00073
.00043
.00037
.00487
.00019
.00929
.00507
.00028
.00488
.01796
.00044
.00777
.00006
.00047
.00172
.01092
.02138
.00012
.00114
.01103
.19245
.09502
.00046
.01667
.02383
.02532
1.09475
.00148
.00041
.01163
.00036
.02212
.04019
.00073
.00061
.03961
.00012
.00128
.00055
.00513
.01324
.00007
.00888
.00953
.00054
.00125
.00096
.00073
.00803
.02374
.00211
.00762
.00226
.01093
.00022
.03257
.02005
.00382
.09529
.00278
.01506
.00692

.00144
.00095
00032
.00036
.00743
.00017
.01101
.00600
.00034
.00579
.01996
.00052
.01011
.00007
.00051
.00411
.01135
.03727
.00024
.00133
.00881
.17180
.03691
.00062
.04258
.02098
.02685
.05206
1.03745
.00134
.00924
.00047
.03456
.03260
.00059
.00058
.01166
.00013
.00123
.00040
.00309
.00646
.00040
.00584
.00112
.00052
.00087
.00112
.00110
.00833
.02684
.00234
.00955
.00256
.01127
.00032
.02920
.01982
.00377
.10658
.00299
.01487
.00764

.00125
.00098
.00030
.00037
.00729
.00025
.01076
.00432
.00038
.01015
.01764
.00048
.00771
.00007
.00049
.00259
.01160
.02414
.00012
.00130
.00821
.13879
.04376
.00054
.03133
.02457
.04679
.01167
.00133
1.05200
.00985
.00065
.03883
.02923
.00064
.00060
.04656
.00013
.00115
.00046
.00472
.00809
.00018
.00271
.00135
.00030
.00119
.00117
.00119
.00709
.02224
.00175
.00811
.00224
.01257
.00030
.02543
.01622
.00389
.10372
.00297
.01564
.00718

.00141
.00059
.00033
.00044
.00560
.00012
.01009
.00661
00033
.00490
.02435
.00050
.00927
.00007
.00050
.00218
.01134
.01478
.00015
.00115
.01678
.10854
.04591
.00050
.01557
.01227
.01521
.00180
.00080
.00033
1.04202
.00055
.01025
.03200
.00060
.00048
.03016
.00010
.00114
.00037
.00349
.00134
.00004
.00291
.00071
.00026
.00078
.00102
.00088
.00687
.01972
.00160
00800
.00213
.01077
.00023
.02787
.01501
.00281
.06677
.00298
.01442
.00689

.00118
.00086
.00027
.00026
.00660
.00013
.01012
.00517
00033
.00520
.02857
.00054
.00814
.00008
.00048
.00123
.01062
.02487
.00011
.00433
.00833
.09719
.05097
.00052
.01827
.01108
.02101
.00484
.00071
.00088
.01284
1.02244
.02878
.03010
.00123
.00064
.06560
.00015
.00107
.00043
.00762
.00154
.00002
.00189
.00150
.00026
.00115
.00108
.00074
.00654
.01719
.00143
.01040
.00218
.01248
.00025
.02513
.01423
.00299
.08966
.00259
.01719
.00646

.00300
.00661
.00038
.00029
.00592
.00012
.01112
.00663
.00032
.00499
.01719
.00047
.01079
.00007
.00051
.00124
.01074
.02254
.00011
.00105
.01028
.13169
.05724
.00044
.00974
.01275
.01751
.00492
.00091
.00046
.01010
.00069
1.07202
.02108
.00137
.00068
.04698
.00011
.00098
.00042
.00619
.00163
.00003
.00257
.00081
.00026
.00146
.00101
.00076
.00684
.01833
.00172
.00991
.00218
.01186
.00022
.02959
.01694
.00303
.08448
.00259
.01490
.00647

.00110
.00138
.00025
.00023
.00433
.00011
.00872
.00532
.00032
.00480
.01380
.00042
.00724
.00006
.00050
.00114
.00928
.01155
.00011
.00112
.01269
.10001
.07609
.00038
.01378
.01286
.01912
.00194
.00098
.00037
.01775
.00038
.01551
1.05744
.00085
.00055
.00885
.00010
.00183
.00040
.00555
.00154
.00003
.00311
.00205
.00026
.00078
.00109
.00067
.00609
.01669
.00142
.00711
.00178
.01035
.00022
.02744
.01317
.00223
.05775
.00256
.01786
.00574

'.00130
.00071
.00028
.00033
.00395
.00032
.01108
.00529
.00033
.00578
.01496
.00048
.01163
.00006
.00047
.00127
.00938
.03914
.00015
.00215
.00319
.02054
.03849
.00047
.00603
.00823
.01671
.00050
.00041
.00023
.00261
.00075
.00234
.00278
124849
.00042
.03321
.00010
.00585
.02082
.10913
.00230
.00001
.00175
.00129
.00017
.00162
.00111
.00113
.00383
.01148
.00091
.02154
.00256
.01217
.00012
.01930
.00776
.00240
.11785
.00247
.01942
.00611

.00161
.00097
.00032
.00034
.01184
.00015
.01322
.01006
.00032
.00527
.02429
.00057
.01563
.00009
.00056
.00446
.01089
.03128
.00013
.00251
.01050
.09643
.09475
.00068
.01191
.02783
.02699
.00265
.00080
.00038
.00979
.00053
.02419
.01541
.00074
1.06088
.07415
.00015
.00781
.00040
.00653
.00091
.00003
.00215
.00091
.00031
.01909
.00096
.00239
.00739
.02230
.00178
.01085
.00243
.01165
.00026
.02743
.01568
.00401
.11005
.00257
.01370
.00636

00156
!(X)090
.00034
.00039
.00677
.00012
.01906
.00894
.00039
.00624
.02098
.00058
.01429
.00007
.00061
.00399
.01642
.03108
.00013
.00167
.01498
.07801
.09038
.00062
.00720
.02135
.01818
.00665
.00076
.00037
.00604
.00056
.00811
.00914
.00160
.00050
1.04039
.00012
.00392
.00063
.03266
.00214
.00003
.00222
.00333
.00053
.00266
.00117
.00138
.00624
.02103
.00156
.01468
.00284
.01398
.00038
.02983
.01619
.00305
.09476
.00286
.02284
.00669

.00541
.00133
.00039
.00043
.01525
.00246
.02451
.02483
.00036
.00615
.04137
.00088
.04108
.00013
.00083
.00888
.01156
.05486
.00018
.01329
.01048
.11043
.04848
.00100
.00279
.02115
.04617
.00127
.00080
.00032
.00601
.00084
.01117
.00493
.00092
.02230
.04424
1.00512
.01360
.00104
.02192
.00108
.00003
.00183
.00079
00033
.02086
.00105
.00756
.00925
.02775
.00186
.01070
.00273
.01089
.00031
.02873
.02037
.00397
.11509
.00266
.01909
.00685

.00244
.00074
.00031
.00041
.00810
.00011
.01718
.01641
.00036
.00554
.03512
.00074
.03423
.00010
.00070
.00295
.01149
.03216
.00013
.04070
.00641
.06985
.07703
.00066
.00194
.03438
.02291
.00072
.00078
.00029
.00647
.00065
.00337
.00521
.00068
.00060
.02708
.00013
1.02786
.00054
.01144
.00238
00002
.00234
.00083
.00029
.00100
.00109
.00280
.00784
.02274
.00145
.01328
.00269
.01178
.00024
.02823
.01753
.00325
.09897
.00272
.02069
.00653

.01519
.00015
.00273
(*)
.00232
.00119
.00055
.00030
.00605
.01085
.01394
.00688
.00032
.00730
.02376
.00053
.01706
.00008
.00057
.00162
.00748
.05516
.00021
.00389
.00311
.01786
.03680
.00048
.00438
.01265
.02379
.00038
.00040
.00020
.00316
.00111
.00281
.00339
.00844
.00049
.00941
.00013
.00799
1.03572
.22582
.00550
.00002
.00181
.00140
.00018
.00315
.00108
.00102
.00422
.01406
.00090
.01111
.00187
.01169
.00026
.02006
.00924
.00206
.08231
.00191
.01502
.00581

.01899
.00281
.00349
.00900
.01411
.02809
.02637
.00655
.01161
.00347
.00001
.00183
.00321
.00099
.00804
.01187

.01994
.00332
.00329
.00858
.01775
.02934
.03885
.00795
.00972
.00474
.00001
.00174
.00397
.00087
.01123
.00904

.02201
.00333
.00320
.00716
.01755
.03040
.03693
.00844
.00990
.00474
.00001
.00177
.00399
.00063
.00667
.00756

.02262
.00364
.00269
.00651
.01613
.02661
.02831
.00811
.01447
.00349
.00001
.00212
.00291
.00080
.00745
.00717

.02318
.00409
.00269
.00625
.01693
.02814
.03057
.00806
.01083
.00380
.00001
.00171
.00384
.00063
.00914
.00616

.02046
.00379
.00303
.00740
.01585
.02821
.02695
.00773
.01053
.00362
.00001
.00209
.00349
.00075
.00744
.00630

.02349
.00279
.00252
.00776
.01669
.04117
.02715
.00806
.01170
.00341
.00001
.00225
.00284
.00064
00658
.00762

.02683
.00975
.00238
.00603
.01902
.02913
.01500
.00934
.01154
.00239
.00001
.00215
.00249
.00068
.02829
.00262

.01996
.00418
.00258
.00607
.01608
.02636
.03172
.00763
.00943
.00398
.00001
.00238
.00261
.00080
.00632
.00803

.02262
.00778
.00311
.00732
.01659
.02959
.04607
.00830
.01221
.00547
.00001
.00194
.00354
.00088
.01178
.00718

.02069
.00459
.00364
.00677
.01528
.02942
.03696
.00776
.00976
.00455
.00001
.00334
00559
.00112
.00945
.00674

.02230
.00708
.00296
.00687
.01753
.02864
.02912
.00656
.01161
.00376
.00001
.00196
.00341
.00089
.00750
.00658

.02367
.00342
.00601
.00726
.01648
.02942
.03087
.00710
.00765
.00401
.00001
.00308
.00396
.00070
.01134
.00258

TifiSS

'£'iO733

""_16




"i'SSiiS

" 'iS'1775 "T.03167 " '"1.81560 ""107663

0

0

'"£'14608 ""i".07104

Aircraft
and parts

58

0

60
0.00075
.00101
.00044
.00061
.00758
.00399
.00851
.00114

".02176
.01265
.00243
.00667
.01758
.03156
.03904
.00653
.00730
.00490
.00001
.00311
.00391
.00071
.00672
.00522

£27520 "2.W757

Commodity number

of delivery to final demand, at producers' prices]

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49

50

51
52
53
54
55
56
57
58
59A
59B
60
61
62
63
64
65A
65B
65C
650

65E
66
67
68A
68B
68C
69A

69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
80
61
82
83
84
85

j6

• May

SURVEY OF CURRENT BUSINESS
Table 4.—Commodity-by-Commodity

Commodity number

[Total requirements, direct and indirect, per dollar

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

Commodity number

1 Livestock and livestock products
2 Dther agricultural products
3 Forestry and fishery products
4 Agricultural forestry and fishery services
5+6 Metallic ores mining
7 5oal minino
8 Drude petroleum and natural gas
9+10 Yonmetallic minerals mining
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52
53
54
55
56
57
58
59A
59B
60
61
62
63
64
65A
65B
65C
650
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
80
81
82
83
84
85

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

* Less than .000005.




Other
transportation
equipment

Scientific
and
controlling
instruments

Ophthalmic
and photographic
equipment

Miscellaneous
manufacturing

61

62

63

64

0.00089
.00151
00291
.00106
.00669
.00541
.01025
.00186

0.00112
.00161
00069
!00066
.00445
.00363
.00785
.00104

0.00094
.00118
00102
!(XX)69
.00223
.00437
.01010
.00140

.03339
.00011
.00281

.01543
.00051
.00396

.01475
.00005
.00341

.00674
.00710
.00048
.00891
.03404
.00308
.00889
.00466
.00027
.00454
.02419
.00075
.01974
.00008
.00058
.00827
.01116
.02535
.00027
.01279
.00874
.08437
.04891
.00081
.04123
.01667
.03116
.05144
.00585
.00042
.00603
.00055
.02712
.00916
.00052
.00500
.02237
.00649
.00529
.00130
00453
•.00826
.02575
.02535
.00320
1.02583
.00429
.00085
.00098
.00792
.02365
.00170
.00747
.00224
.01180
.00019
.02463
.01325
.00335
.09799
.00354
.01256
.00646

.00$
.00543
.00068
.00028
.00677
.00083
.01526
.00708
.00036
.00618
.02242
.00060
.01793
.00047
.00061
.00147
.00828
.02968
.00020
.00461
.00442
.03259
.03833
.00072
.00707
.01577
.02420
.00047
.00046
.00020
.00435
.00082
.00391
.00451
.01223
00039
.01791
.00010
.00344
.00225
10494
!fJO35O
.00002
.00197
.00397
.00020
1.02741
.00115
.00113
.00482
.01422
.00106
.00866
.00176
.01224
.00029
.02137
.00991
.00272
.06574
.00225
.01493
.00622

.03076
.00272
.00252
0051S
.01507
.02769
.02308
00645
.01273
.00362
.00001
.00184
.00280
.00073
.00575
.00572

2.08461

0.00238
.00427
00312
.00138
.00770
.00443
.01207
.00226

Motor
Railroads
and related
freight
services;
transporpassenger
tation and
ground
wareransportation housing
65A

65B

Water
transportation

Air
transportation

Pipelines,
freight
forwarders,
and related
services

Communications,
except
radio
and TV

65C

65D

65E

66

Radio
and TV
broadcasting

67

0.00090
.00091
00106
.00128
.00131
.00291
.04734
.00237

0.00129
.00140
00033
.00097
.00044
.00224
.03979
.00079

0.00193
.00192
00065
.00108
.00218
.00532
.02668
.00097

0.00381
.00275
00071
.00114
.00071
.00214
.07337
.00110

0.00196
.00170
.00072
.00103
.00045
.00564
.01309
.00070

0.00063
.00061
.00055
00080
.00065
.00120
.00376
.00098

0.00291
.00246
.00064
.00435
.00054
.00160
.00498
.00066

.12308
.00008
.00320

.01601
.00005
.00342

.02263
.00014
.00713

.02503
.00016
.01540

.03320
.00020
.00756

.05944
.00004
.00222

.02807
.00007
.00970

.00273
.00204
.00024
.00024
.00950
.00009
.08644
.01194
.00040
.00583
.05084
.00099
.01853
.00014
.00095
.00096
.00928
.03386
.00012
.00719
.00295
.01033
.01938
.00059
.00158
.00637
.01972
.00036
.00047
.00019
.00260
.00119
.00232
.00355
.00209
.00034
.00534
.00009
.00250
.00046
09121
'.00221
.00002
.00156
.00060
.00024
.01057
1.01443
.00081
.00624
.01705
.00176
.00975
.00214
.00860
.00028
.01905
.01135
.00415
.06309
.00225
.02084
.00743

.01818
.00007
.00783
.00001
.01940
.00306
.00113
.00454
.03490
.00041
.03277
.01717
.00056
.00950
.04287
.00127
.03935
.00015
.00097
.00518
.01259
.03935
.00432
.00235
.00817
.02926
.08597
.00096
.00178
.00688
.01529
.00062
.00066
.00029
.00445
.00097
.00341
.00588
.00080
.00136
.00426
.00017
.00136
.00051
01688
l00110
.00003
.00264
.00054
.00054
.00093
.00148
1.03943
.00822
.03228
.00205
.00708
.00265
.00977
.00050
.02590
.01356
.00584
.08627
.00340
.01930
.00794

.00104
.00093
.00059
.00057
.01156
.00036
.00640
.00205
.00035
.00825
.01127
.00141
.00417
.00006
.00084
.00178
.08132
.01227
.00014
.00232
.00866
.01497
.00924
.00046
.00801
.00302
.01256
.00401
.00083
.00045
.00299
.00027
.00927
.00557
.00066
.00204
.01725
.00050
.00314
.00069
00288
!00298
.00057
.01018
.00047
.02146
.00078
.00092
.00106
1.05477
.01243
.00246
.00608
.02173
.00779
.00008
.02036
00853
.00229
.04993
.01081
.01952
.01264

.00076
.00046
.00028
.00052
.00258
.00006
.00583
.00201
.00042
.00623
.00771
.00125
.00394
.00005
.00054
.00088
.06901
.01589
.00020
.00105
.00171
.00430
.00292
.00036
.00121
.00229
.00684
.00091
.00049
.00016
.00074
.00022
.00198
.00174
.00057
.00080
.00202
.00009
.00137
.00059
00192
!(X)169
.00023
.00920
.00036
.00029
.00032
.00105
.00083
.00501
1.19695
.00201
.00625
.04166
.02413
.00009
.01808
.00537
.00173
.03319
.03577
.01715
.01986

.00461
.00396
.00562
.00439
.00412
.00013
.00855
.00275
.00045
.00931
.01096
.00185
.00571
.00009
.00078
.00284
.04374
.01064
.00026
.00118
.00320
.01474
.02123
.00064
.00269
.00251
.02826
.00975
.00083
.00028
.01012
.00045
.03070
.00993
.00124
.00061
.00425
.00085
.00260
.00053
00418
'.00301
.00045
.00200
.00071
.01750
.00212
.00158
.00318
.00452
.01315
1.11489
.01001
.07166
.01683
.00019
.03879
.00773
.00643
.04916
.00240
.08471
.00869

.00101
.00046
.00044
.00084
.00358
.00010
.00885
.00193
.00048
.00811
.00850
.00066
.00232
.00010
.00087
.00066
.12895
.00587
.00024
.00107
.00251
.00509
.00617
.00079
.00174
.00229
.00455
.00041
.00064
.00017
.00170
.00028
.00156
.00218
.00096
.00049
.00138
.00019
.00090
.00143
00525
!(X)132
.00001
.00157
.05540
.00028
.00228
.00119
.00131
.00353
.00958
00385
1.06213
.07503
.02435
.00029
.01655
.00735
.00231
.05119
00305
.04819
.01452

.00244
.00076
.00026
.00555
.00560
.00010
.01020
.00220
.00062
.01210
.00593
.00053
.00284
.00007
.00041
.00060
.01235
.00705
.00047
.00105
.00251
.00418
.00333
.00036
.00207
.00130
.00417
.00166
.00052
.00018
.00062
.00029
.00641
.00175
.00159
.00056
.00254
.00016
.00103
.00104
.00358
.00287
.00003
.00237
.00136
.00063
.00055
.00162
.00164
.00625
.01042
.00197
.02490
1.03990
.03066
.00029
.04880
.00773
.00705
.01963
.00354
.05656
.03438

.00073
.00040
.00084
.00019
.00560
.00033
.00588
.00132
.00030
.00884
.00605
.00034
.00269
.00048
.00028
.00162
.00501
.00824
.00015
.00084
.00393
.00549
.00535
.00023
.00346
.00391
.00487
.00225
.00031
.00021
.00062
.00024
.00323
.00084
.00151
.00081
.00338
.00022
.00182
.01800
02023
!00234
.00001
.00134
.00027
.00023
.00064
.00109
.00124
.00211
.00604
.00047
.00416
.00086
1.26328
.00012
.00833
.00320
.00969
.01928
.00339
.02284
.00362

.00161
.00045
.00114
.00080
.00491
.00016
.00865
.00138
.00060
.00904
.00813
.00124
.00285
.00009
.00069
.00054
.00619
.00806
.00071
.00100
.00215
.00320
.00467
.00045
.00183
.00143
.00370
.00027
.00040
.00018
.00072
.00037
.00078
.00093
.00203
.00082
.00184
.00028
.00124
.00237
03382
!(X)262
.00003
.00133
.00068
.00081
.00139
.00866
.00225
.00363
.00870
.00073
.01241
.00162
.01817
1.01646
.01230
.00518
.00274
.02157
.00245
.02459
.00550

.02358
.00314
.00264
00575
.01929
.02856
.03497
.00769
.01147
.00459
.00001
.00325
.00392
.00074
.00866
.00311

.01918
.0039€
.00200
00577
.01564
.02977
.03445
00707
.00982
.00489
.00001
.00706
.00301
.00076
.01986
.00220

.02573
.00301
.00309
.0057c
.02230
.03114
.06078
.0120C
.01538
.00737
.00002
.00559
.00531
.00085
.03718
.00518

.03026
.00343
.0023C
01377
.01915
.03268
.0096$
.00834
.01960
.00160
.00001
.00430
.00326
.00178
.00753
.00115

.04682
.00316
.00275
00873
.01459
.02718
.01135
.0101C
.05007
.00185
.00001
.00176
.00340
.00178
.00352
.00046

.06407
.00307
.00285
02514
.01674
.09212
.02350
00941
.00873
.0031S
.00002
.00495
.00456
.00044
.13780
.00166

.04753
.00299
.00734
01854
.01769
.03307
.03512
0364$
.01001
.00512
.00004
.00199
.00306
.00069
.06192
•0005S

.05745
.00551
.00356
02789
.02856
.02938
.0347C
0232^
.01458
.00472
00002
.00571
.00518
.00062
.00722
.00046

.03249
.00178
.00410
01778
.01439
.01889
.01414
00636
.00746
.00857
.00001
.00264
.00350
.00048
.03131
.00054

.09613
.00429
.01568
01275
.03584
.05279
.02365
01499
!(X)848
.40952
.00003
.00789
.00493
.00169
.00537
.00045

1.82380

1.82594

2.03758

1.86626

1.82834

2.20009

2.00944

1.72924

1.72108

2.02597

SURVEY OF CURRENT BUSINESS

May 1994

•

77

Total Requirements, 1987 Benchmark—Continued
Gas
Electric production Water and Wholesale
and
services
sanitary
trade
(utilities) distribution services
(utilities)

Retail
trade

Finance

Insurance

OwnerReal
occupied estate and
dwellings royalties

Hotels
and
lodging
places

Other
engi- business
Personal Computer Legal,
neering,
and
and repair and data accounting,
services processing
related professional
(excauto) services and
services cept medical

Adyertising

68A

68B

68C

69A

69B

70A

70B

71A

71B

72A

72B

73A

73B

73C

73D

0.00045
.00050
.00065
.00095
.00076
.11153
.04220
.00162

0.00042
.00046
.00039
.00109
.00049
.00225
.29405
.00101

0.00125
.00151
.00221
.00347
.00184
.00788
.03692
.00412

0.00149
.00121
.00083
.00108
.00037
.00178
.00924
.00051

0.00206
.00154
.00055
.00116
.00031
.00340
.00759
.00059

0.00151
.00121
.00046
.00089
.00032
.00158
.00573
.00047

0.00219
.00165
.00049
.00087
.00023
.00077
.00333
.00035

0.00087
.00125
.00040
.00873
.00023
.00031
.00159
.00093

0.00147
.00161
.00068
.00650
.00038
.00093
.00403
.00121

0.00212
.00277
.00075
.00651
.00059
.00508
.01495
.00185

0.00202
.00237
.00068
.00128
.00101
.00364
.01124
.00119

0.00111
.00098
.00046
.00073
.00076
.00169
.00584
.00051

0.00110
.00091
.00037
.00093
.00035
.00116
.00578
.00041

0.00177
.00135
.00048
.00102
.00072
.00176
.00773
.00072

0.00173
.00164
.00134
.00176
.00084
.00272
.00831
.00110

.07791
.00004
.00149

.04552
.00003
.00135

.20297
.00010
.00384

.02564
.00004
.00813

.01856
.00009
.00578

.01378
.00005
.00867

.05323
.00002
.00086

.07124
.00005
.00397

.05314
.00012
.00603

.02522
.00008
.00685

.01379
.00006
.00422

.01318
.00017
.00408

.00061
.00051
.00023
.00019
.00722
.00019
.00364
.00115
.00018
.00370
.00946
.00041
.00208
.00006
.00059
.00095
.05243
.00588
.00009
.00086
.00568
.00749
.00558
.00037
.00496
.00261
.00423
.00551
.00536
.00079
.00134
.00016
.00394
.00193
.00055
.00103
.00364
.00026
.00316
.00043
.00180
.00230
.00003
.00157
.00032
.00085
.00113
.00066
.00070
.03298
.01002
.00480
.00475
.00434
.00577
.00005
1.00898
.06034
.00278
.03274
.00443
.02003
.01229

.00031
.00026
.00015
.00015
.00411
.00011
.00309
.00066
.00015
.00284
.01039
.00053
.00117
.00003
.00037
.00064
.01224
.00284
.00007
.00050
.00488
.00543
.00261
.00019
.00291
.00082
.00438
.00043
.00195
.00017
.00087
.00013
.00173
.00130
.00131
.00063
.00179
.00021
.00126
.00031
.00128
.00223
.00001
.00111
.00024
.00018
.00058
.00056
.00050
.00215
.00519
.00161
.00423
.00614
.00492
.00008
.01775
1.35065
.00196
.01682
.00284
.01652
.00608

.00147
!(X)125
.00074
.00052
.02497
.00051
.01062
.00256
.00039
.00676
.04995
.00297
.00655
.00014
.00094
.00264
.03595
.01954
.00025
.00300
.01548
.01635
.01158
.00069
.01196
.00390
.01986
.00092
.00363
.00072
.00165
.00051
.00321
.00783
.00100
.00296
.00313
.00121
.00502
.00114
.00445
.00330
.00013
.03179
.00048
.00071
.01569
.00140
.00187
.00797
.03638
.00322
.00701
.00720
.01693
.00011
.05965
.06835
1.02647
.05234
.01507
.02752
.06712

.01537
.00011
.00567
0
.00094
.00050
.00040
.00067
.00757
.00007
.01776
.01135
.00045
.01403
.00577
.00058
.00276
.00006
.00068
.00058
.01262
.00702
.00033
.00117
.00164
.00319
.00276
.00188
.00117
.00141
.00328
.00029
.00043
.00082
.00078
.00040
.00083
.00147
.00065
.00077
.00082
.00014
.00078
.00055
.00258
.00125
.00002
.00350
.00076
.00021
.00048
.00140
.00157
.00321
.00746
.00077
.01399
.00288
.02178
.00022
.01313
.00925
.00177
1.03595
.00397
.02369
.00530

.00067
.00037
.00024
.00031
.00402
.00008
.01720
.00230
.00046
.00572
.00493
.00054
.00208
.00006
.00052
.00054
.01048
.00489
.00021
.00066
.00191
.00275
.00226
.00037
.00155
.00122
.00384
.00032
.00039
.00015
.00049
.00031
.00071
.00095
.00072
.00075
.00077
.00018
.00090
.00057
.00233
.00106
.00001
.00279
.00027
.00020
.00039
.00125
.00163
.00410
.00771
.00063
.00490
.00131
.01851
.00046
.02836
.00725
.00263
.01516
1.00449
.01762
.00606

.00082
.00034
.00018
.00083
.00301
.00006
.01382
.00119
.00155
.02355
.00509
.00054
.00217
.00007
.00068
.00045
.00849
.00584
.00024
.00086
.00148
.00234
.00248
.00034
.00120
.00105
.00233
.00029
.00037
.00017
.00052
.00037
.00106
.00074
.00243
.00043
.00109
.00012
.00089
.00091
.00628
.00281
.00002
.00207
.00076
.00052
.00046
.00556
.00246
.00461
.03192
.00059
.01398
.00254
.03472
.00018
.01240
.00358
.00232
.01798
.00308
1.20663
.02355

.00053
.00023
.00014
.00039
.00216
.00005
.00936
00095
.00050
.01756
.00362
.00049
.00144
.00006
.00039
.00033
.00478
.00379
.00028
.00063
.00107
.00168
.00172
.00034
.00087
.00086
.00163
.00019
.00022
.00010
.00031
.00025
.00058
.00053
.00094
.00032
.00062
.00009
.00059
.00082
.00282
.00219
.00001
.00176
.00041
.00025
.00034
.00315
.00186
.00435
.00988
.00037
.00760
.00178
.03128
.00019
.00559
.00230
.00349
.01195
.00196
.07940
1.44319

.00020
.00027
.00004
.00010
00438
.00012
.00140
00038
.00006
.00142
.00182
.00253
.00069
.00002
.00011
.00053
.00213
.00177
.00003
.00029
.00323
.00247
.00171
.00009
.00322
.00043
.00140
.00011
.00085
.00017
.00020
.00006
.00039
.00023
.00013
.00066
.00050
.00016
.00098
.00025
.00050
.00029

.00836
.00193
.00338
.01376
.00694
.00015
.01831
.00294
.00114
.01497
.01355
.00797
.00861
.00012
.00715
.00097
.01455
.02659
.00081
.01388
.00494
.00480
.00393
.00058
.00311
.00178
.00458
.00050
.00079
.00033
.00091
.00057
.00127
.00133
.00102
.00095
.00145
.00056
.00450
.00081
.00380
.00116
.00002
.00299
.00035
.00049
.00149
.00189
.00418
.00660
.01428
.00113
.00597
.00314
.02590
.00021
.04032
.02772
.01082
.03396
.00505
.06617
.00797

.00997
.00170
.00677
.00619
.00560
.00014
.01803
00365
.00069
.01821
.01901
.00080
.01060
.00015
.01519
.00096
.01233
.02769
.01332
.00153
.00670
.00666
.00826
.00069
.00182
.00329
.00834
.00041
.00052
.00022
.00118
.00065
.00125
.00223
.01002
.00335
.00274
.01033
.00160
.00119
.03244
.00145
.00002
.00288
.00046
.00024
.00133
.01058
.02367
.00467
.01405
.00113
.00797
.00194
.02624
.00028
.02752
.01620
.00384
.04670
.00397
.02590
.00719

.00108
.00056
.00018
.00021
.00359
.00009
.02094
.00215
.00065
.04364
.00979
.00049
.00665
.00007
.00064
.00052
.00783
.02625
.00019
.00108
.00141
.00393
.00671
.00032
.00136
.00169
.00485
.00029
.00030
.00014
.00077
.00064
.00085
.00107
.03139
.00034
.00434
.00009
.00108
.00211
.04244
.00880
.00001
.00184
.00081
.00018
.00126
.00165
.00110
.00345
.00918
.00057
.01460
.00184
.04029
.00014
.01221
.00467
.00156
.03636
.00242
.02384
.00535

.00075
.00032
.00026
.00044
.00276
.00007
.01226
.00135
.00045
.01676
.00525
.00068
.00248
.00008
.00105
.00050
.00842
.00759
.00043
.00117
.00120
.00266
.00269
.00035
.00096
.00138
.00327
.00028
.00045
.00022
.00071
.00040
.00093
.00120
.00418
.00047
.00116
.00013
.00117
.00076
.00616
.00342
.00002
.00352
.00084
.00025
.00048
.00562
.00314
.00263
.00640
.00059
.01531
.00183
.02475
.00009
.00850
.00397
.00211
.02001
.00334
.01998
.00727

.02563
.00157
.00265
.01114
.01549
.01617
.00594
.00379
.00846
.00096

.10177
.00140
.00147
.00741
.01558
.01379
.01000
.00364
.00776
.00131

.00331
.00374
.00041
.00319
.00061

.00121
.00338
.00034
.00641
.00041

.03793
.00487
.00704
.01348
.05402
.03853
.01357
.00932
.01600
.00215
.00001
.00280
.00521
.00071
.00512
.00141

.03939
.00858
.00573
.00658
.01991
.06396
.02657
.01736
.02610
.00634
.00001
.00276
.00419
.00128
.00959
.00048

.07629
.00325
.00619
.01071
.04404
.03277
.05546
.01638
.02076
.00681
.00002
.00220
.00571
.00136
.00302
.00043

.05923
.00545
.00318
.06534
.04064
.07190
.02158
.01830
.01272
.00348
.00001
.00483
.03191
.00056
.02057
.00038

.05820
.01030
.00290
.01958
.03369
.03410
.02334
.02763
.01085
.00374
.00002
.00180
.01057
.00053
.00938
.00027

.00036
.00007
.00005
.00020
.00029
.00026
.00085
.00272
.00018
.00112
.00033
.00247
.00002
.00164
.00100
.00034
.00633
.00320
.01105
.04494
1.00000
.04582
.00088
.00046
.00210
.01159
.01047
.00271
.00199
.00212
.00053
.00001
.00033
.00090
.00010
.00085
.00020

.00049
.00041
.00014
.00024
.00649
.00017
.00656
.00086
.00022
.00700
.00440
.00176
.00166
.00004
.00044
.00080
.00536
.00473
.00012
.00065
.00458
.00365
.00275
.00025
.00407
.00086
.00256
.00017
.00047
.00025
.00039
.00020
.00075
.00067
.00039
.00096
.00087
.00042
.00160
.00052
.00151
.00096
.00001
.00111
.00020
.00017
.00036
.00092
.00090
.00278
.00664
.00041
.00345
.00115
.00947
.00018
.00618
.00368
.00100
.01200
.00416
.02718
.02788

.01680
.00109
.00618
0
.00098
.00048
.00066
.00033
.00331
.00009
.01418
.00192
.00063
.01999
.01258
.00231
.00440
.00037
.00416
.00128
.01012
.01497
.00023
.00197
.00199
.00580
.00535
.00154
.00152
.00250
.00481
.00107
.00294
.00148
.00371
.00179
.00489
.00260
.00369
.00161
.00447
.00025
.00161
.00112
.02175
.00414
00005
.00255
.00123
.00152
.00118
.00662
.00233
.00402
.00966
.00117
.02044
.00242
.02626
.00016
.01248
.00664
.00154
.03041
.00323
.02250
.00909

1.10010
.00375
.00302
.00442
.01669
.03178
.02160
.01192
.00745
.00289
.00001
.00132
.00317
.00054
.00220
.00036

.06065
1.00294
.01881
.01006
.03055
.08776
.02531
.00628
.02008
.00378
.00002
.00518
.00842
.00613
.00601
.00067

.08280
.00416
1.02406
.01408
.05676
.05677
.03411
.01224
.02020
.00465
.00002
.01568
.00780
.00238
.00541
.00086

.05300
.00372
.00238
1.12961
.01766
.04522
.01722
.01260
.01321
.00269
.00001
.00731
.00735
.00070
.00867
.00073

.07473
.02092
.00513
.06367
1.10323
.11738
.01069
.01165
.02198
.00260
.00001
.00741
.01095
.00115
.00667
.00041

.04787
.00693
.00281
.03898
.03343
1.08236
.01882
.01596
.01656
.00343
.00002
.00765
.00948
.00095
.00892
.00067

1.70421

2.04044

2.21787

1.54096

1.54286

1.86604

1.95677

1.26319

1.48446

1.86606

1.90215

1.76718

1.71483

1.67547

0




0

0

n

C)

0

0

Eating
and
drinking
places
74

Automotive
repair and
services
75

Amusements

76

0.06932
.04880
.01039
.00933
.00067
.00390
.00773
.00121

0.00119
.00111
.00053
.00095
.00224
.00329
.02437
.00109

0.00593
.00513
.00108
.01094
.00052
.00303
.00720
.00089

.02227
.00008
2B26Q

.02196
.00008
.00443

.03171
.00010
.01827

.00110
.00078
.00018
.00047
.00488
.00007
.02054
.01149
.00029
.00846
.01053
.00542
.00493
.00111
.00127
.00066
.00896
.01661
.00055
.00598
.00223
.00519
.00538
.00791
.00147
.00173
.00380
.00041
.00109
.00020
.00077
.00074
.00161
.00160
.00046
.00054
.00094
.00015
.00117
.00038
.00193
.00107
.00002
.00167
.00028
.00049
.00041
.00092
.00208
.00738
.02262
.00155
.00496
.00187
.01148
.00030
.03090
.00953
.00348
.07873
.00269
.02275
.00711

!00162
.00081
.00189
.00064
.00434
.00016
.00987
.00310
.00060
.00614
.01395
00058
.00730
.00007
.00091
.00752
.03763
.02025
.00034
.00855
.00396
.02736
.01558
.00076
.00331
.03189
.04533
.00271
.00057
.00024
00295
.00047
.00408
.01541
.00080
.00642
.00405
.00027
.00855
.00199
.00419
.00643
.00026
.08765
.00056
.00056
.00092
.00147
.00142
.00616
.01772
.00198
.00867
.00383
.01854
.00022
.02053
.01357
.00235
.06479
.04001
.04991
.03054

.00372
.00080
.00296
.00190
.00894
.00025
.01366
.00185
.00078
.01341
.01077
.00276
.00417
.00014
.00091
.00073
.00809
.01190
.00127
.00108
.00245
.00375
.00388
.00076
.00201
.00181
.00385
.00045
.00067
.00024
.00098
.00047
.00106
.00121
.00099
.00156
.00117
.00026
.00206
.00063
.00386
.00161
.00006
.00197
.00047
.00196
.00070
.00435
.00392
.00438
.01013
.00134
.00841
.00157
.01988
.00041
.02444
.00978
.00323
.02422
.00329
.02286
.00713

.05498
.00599
.00609
.01063
.02948
.04882
1.02233
.01277
.01541
.10725
.00002
.00479
.00892
.00129
.00537
.00157

.06732
.00230
.00445
.00620
.02108
.03843
.03673
1.00820
.00871
.01027
.00063
.00272
.00346
.00155
.00868
.00071

".06189
.00346
.01605
.00777
.01988
.05228
.02659
.01259
1.02903
.00358
.00001
.00312
.00750
.00342
.00576
.00347

'.08937
.00602
.00835
.01367
.04751
.08224
.04964
.01378
.01359
125892
.00006
.00774
.00868
.00178
.00619
.00050

1.84377

2.03397

2.00287

1.97314

.01843
.00006
.00615
(*)
.00262
.00100
.00050
.00057
.01242
.00009
.10824
.00381
.00305
.04916
.02647
.00116
.00764
.00011
.00111
.00104
.00969
.01595
.00033
.00098
.00192
.00387
.00624
.00079
.00135
.00151
.00431
.00032
.00042
.00018
.00090
.00228
.00103
.00151
.00142
.00074
.00161
.00016
.00104
.00118
.01226
.00185
.00002
.00227
.00079
.00043
.00162
.00725
.00202
.00679
.01579
.00107
.01444
.00228
.01785
.00843
.01572
.00753
.00323
.03576
.00297
.01861
.00632

Commodity number

of delivery to final demand, at producers' prices]

1
2
3
4
5+6
7

8

9+10
11
12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52
53
54
55
56
57

58
59A
59B
60

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

j8

• May 1994

SURVEY OF CURRENT BUSINESS
Table 4.—Commodlty-by-Commodity Total Requirements, 1987 Benchmark—Continued
[Total requirements, direct and indirect, per dollar of delivery to final demand, at producers' prices]

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

Commodity number

1
2
3
4
5+6
7
8
9+10
11
12
13
14
15
16
17
18
19

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining

Coal mining
Crude petroleum and natural gas
Nonmetailic minerals mining
New construction
Maintenance and repair construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yam and thread mills
Miscellaneous textile goods and floor coverings

Apparel
Miscellaneous fabricated textile products
20+21 Lumber and wood products
22+23 Furniture and fixtures
24 Paper and allied products, except containers
25
26A Newspapers and periodicals .
26B Other printing and publishing
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45

46
47
48
49
50
51
52
53
54
55

56
57
58
59A
59B

60
61
62
63
64
65A

65B
65C
650
65E

66
67
68A
68B
68C
69A
696
70A
70B
71A
71B
72A
72B
73A
73B

73C
73D
74
75

76
77A
77B
78
79
80
81
82
83
84

Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and day products
Primary Iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts «
Other transportation equipment
Scientific and controlling instruments
.
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services; passenger ground transportation
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services ....
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating ano drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
Noocompsfflubw imports ««*•**«•*•»•»•*•••«*••••••••••••••*••••*•••*•••
Scrsp, US8Q sod sscondhsno QOOOS
General government industry
Rest of the work) adjustment to final uses
Household industry
Inventory valuation adjustment
Total commodity output multiplier

'Less than .000005.




Health

services

Educational
and social
services, and
membership
organizations

77B

Federal
Government
enterprises

State and
local
government
enterprises

Noncomparable
imports

Scrap,
used, and
secondhand
goods

80

81

78

79

0.00400
.00326
.00059
.00164
.00065
.00221
.00860
.00088

0.00809
.00612
.00145
.00555
.00070
.00305
.01290
.00149

0.00116
.00104
.00030
.00048
.00030
.00151
.00836
.00032

0.00116
.00155
.00225
.00498
.00173
.01148
.03390
.00581

.01946
.00007
.01491

.06450
.00011
.02938

.01055
.00004
.00439

.31153
.00011
.00301

.00089
.00158
.00264
.00349
.00008
.01311
.00272
.00072
.01260
.03403
.00101
.00769
.02181
.00322
.00064
.00818
.03031
.00021
.00374
.00273
.00364
.00314
.00086
.00137
.00225
.00365
.00026
.00039
.00016
.00064
.00050
.00079
.00094
.00121
.00045
.00114
.00015
.00169
.00046
.00467
.00172
.00001
.00203
.00041
.00019
.02109
.00278
.00136
.00363
.00918
.00086
.00609
.00145
.01561
.00009
.01622
.01109
.00198
.03568
.00282
.01285
.00966

.00089
.00222
.00093
.01063
.00019
.03495
.00369
.00432
.07527
.01375
.00231
.00556
.00110
.00206
.00131
.01641
.01521
.00050
.00318
.00452
.00578
.00501
.00112
.00377
.00279
.00610
.00037
.00064
.00031
.00088
.00080
.00116
.00135
.00178
.00107
.00144
.00036
.00293
.00154
.00507
.00217
.00002
.00300
.&122
.00034
.00155
.00480
.00617
.00547
.01603
.00115
.02259
.00321
.02215
.00027
.02227
.01439
.00343
.03946
.00508
.02854
.01387

"".00182
.00052
.00017
.00253
.00159
.00004
.00511
.00120
.00018
.01188
.00338
.00031
.00174
.00005
.00113
.00039
.01311
.00383
.00059
.00057
.00096
.00291
.00229
.00023
.00088
.00198
.00242
.00028
.00022
.00020
.00049
.00016
.00091
.00124
.00032
.00071
.00075
.00008
.00128
.00027
.00110
.00103
.00005
.01107
.00160
.00054
.00033
.00060
.00188
.01258
.05850
.00236
.03042
.00485
.00689
.00004
.01160
.00440
.00176
.01354
.00330
.00561
.00479

'".00134
.00136
.00101
.00047
.02579
.00072
.00802
.00209
.00032
.00590
.04060
.00439
.00453
.00012
.00098
.00329

.08367

.13573
.00946
.00470
.01723
.02992
.05568
.03300
.01357
.01614
.01207
.00007
1.00395
.01697
.00202
.01091
.00086

.02468
.00124
.00116
.00341
.00501
.01920
.00427
.00424
.02024
.00101
.00001
.00091
1.00307
.00096
.01833
.00033

77A

.00428
.02018
.01568
.04329
.01046
.00944
.01472
.00186
1.02042
.00341
.00738
.00103
.00386
.00047

General
government

industry

Rest-of-theworld
Household
adjustment
industry
to final
uses

84

82

Inventory
valuation
adjustment

85

.01057
.00018
.00205
.02255
.01605
.01116
.00064
.01720
.00281
.00993
.00111
.00611
.00101
.00150
.00042
.00287
.01068
.00081
.00405
.00340
.00191
.00618
.00140
.00266
.00302
.00004
.00258
.00041
.00102
.00151
.00125
.00186
.00810
.01850
.00371
.00654
.00331
.01461
.00010
.09514
.07423
.00684
.04489
.01423
.02434
.02177
.00420
.00221
.01203
.07539
.04186
.01153
.00709
.01316
.00186
.00001
.00301
.00410
1.00054
.00418
.00128

1.00000
1.00000
1.00000
1.00000
1.00000

1.63818

1.95864

1.38402

121193

1.00000

1.00000

1.00000

1.00000

"1.00000

1.00000
1.00000

SURVEY OF CURRENT BUSINESS

May 1994 • 79

Table 5.—lndustry-by-Commodity Total Requirements, 1987 Benchmark
[Total requirements, direct and indirect, per dollar of delivery to final demand, at producers' prices]

1

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

1
2
3
4
5+6
7
8
9+10
11+12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52
53
54
55
56
57
58
59A
59B
60
61
62
63
64
65A
65B
65C
65D
65E
66
67
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
83
84
85

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services
Metallic ores mining
..
Coal miningg
Coa
...
« «.
Cd petroleum
tl
Crude
and natural gas
Nonmetallic minerals mining
^onstruCOn
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing ana publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Psints fino slliou prooucts •••••••
• «••••••• ••«•» •••
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products .
Screw machine products and stampings
Other fabricated metal products
9$ £ o uw©©
«
•
•
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metalworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transporter
Scientific and controlling ii
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services; passenger ground transportation ,
Motor freight transportation and warehousing
Water transportation
Air trsnsponstfOn ••«•••«*••••*••••••••••#*«a«»»
«•••** •••••••»•••*••••••••«••••••*••<
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services
Legal, engineering, accounting, and related services
Other business and professional services, except medical.
Advertising
Eating ana drinking places .
Automotive repair and services .
Amusements

Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises .
General government industry
Rest of the world adjustment to final uses ,
Household Industry
inventory valuation adjustment.,
Total industry output multiplier .

•Less than .000005.




Livestock
and
livestock
products

AgriOther agri- Forestry
cultural,
cultural
and fishery forestry,
products
products and fishery
services

1

1.31515
.39555
.00167
.08565
.00089
.00362
.01953
.00514
.02848
.00011
.20984

Metallic
ores
mining

Coal
mining

Crude
petroleum
and
natural gas

5+6

0.03466
1.07001
.00072
.07862
.00069
.00220
.02247
.00964
.02485
.00010
.00819

0.05975
.23398
.80076
.13957
.00079
.00151
.02964
.00318
.02041
.00313
.05311

.00122
.00019
.00142
.00822
.00013
.01009

.00901
.00031
.00385
.00371
.00018
.00800
.00415
.00347
.01097
.01514
.02956
.00591
.00062
.00178
.00127
.04257
.00734
.00046
.00194
.00236
.00783
.00532
.00386
.00240
.00197
.00934
.00306
.00477
.00022
.00111
.00049
.00267
.00200
.00085
.00063
.00142
.00023
.00111
.00044
.00196
.00176
.00070
.00443
.00108
.01722
.00237
.00092
.00110
.00453
.01690
.00417

.00193
.00147
.00024
.00095
.00703
.00016
.01522
.00865
.00549
.01000
.01820
.03862
.00523
.00461
.00294
.00081
.02288
.01369
.00060
.00366
.00342
.00788
.00603
.00634
.00266
.00238
.00574
.00097
.00780
.00030
.00243
.00050
.00234
.00278
.00072
.00064
.00163
.00017
.00147
.00045
.00197
.00471
.00031
.00467
.00048
.00064
.00096
.00094
.00136
.01749
.05475
.00341
.00647
.00469
.01363
.00417
.02348
.00846
.00208
.11019
.00616
.03226
.02790

.00311
.00066
.02432
.00997
.00014
.00096
.00419
.00595
.00365
.00092
.00241
.00148
.00493
.00091
.00933
.00030
.00181
.00039
.00208
.00286
.00061
.00055
.00142
.00016
.00137
.00038
.00174
.00544
.00029
.00468
.00043
.00036
.00066
.00077
.00102
.00722
.03191
.00178
.00573
.00346
.01019
.00253
.01338
.00946
.00252
.06977
.00580
.02546
.03771

.10169
.00374
.00330
.00556
.01448
.03303
.00236
.00631
.01250
.00366
.01158
.00156
.00470
.01146

2.83175

.00653

0.10349
.16985
.00164
.95618
.00089
.00257
.02818
.01276
.02717
.00014
.02258

r

0.00074
.00120
.00088
.00074
1.08467
.01578
.03279
•00392
.03185
.00014
.00264

00383
.00732
.00251
.00825
.00542
.00089
.05566
.00415
.02341
.02331

.00565
.00040
.00357
.00513
.00015
.01415
.01202
.00554
.01100
.03796
.14947
.00826
.00144
.00598
.00097
.02590
.01026
.00044
.00205
.00419
.00641
.00425
.00183
.00227
.00217
.00582
.00255
.00578
.00036
.00115
.00061
.00196
.00215
.00105
.00077
.00140
.00022
.00145
.00043
.00212
.00223
.00038
.00590
.00137
.00097
.00078
.00131
.00188
.01085
.03405
.00328
.02250
.00528
.00895
.00420
.01490
.01200
.00139
.10251
.00724
.02241
.01587

.00120
.00062
.00029
.00025
.01234
.00022
.00553
.00201
.00330
.00588
.04277
.00143
.00650
.00026
.00128
.00119
.03575
.01931
.00009
.00133
.00784
.04054
.01175
.00056
.01052
.00891
.00732
.00793
.02218
.00575
.00302
.00068
.01561
.00500
.00106
.00095
.00701
.00020
.00203
.00042
.00203
.00207
.00050
.00642
.00093
.00128
.00162
.00096
.00116
.00887
.01851
.00271
.00732
.00380
.00764
.00254
.09611
.02403
.00159
.04581
.00484
.02356
.01039

.11091
.00295
.00294
.00445
.01183
.03027
.00144
.00516
.01038
.00272
.00032
.00120
.00352
.00956

.03050
.00386
.00352
.00771
.03943
.03496
.00142
.00552
.02340
00364
.00050
.00373
.00377
.00505

.04747
.00362
.01025
.00919
.02344
.03567
.00238
.00899
.03368
.01737
.00093
.00332
.00566
.00856

.03227
.00381
.00211
.01093
.02929
.02314
.00144
.00503
.03570
.00142
.00002
.00362
.00922
.01880

1.91916

1.91932

2.16099

1.92761

.00340
.00672
.02144
.07457
.00492

Nonmetallic
minerals
mining

New construction

Maintenance
and repair
construction

9+10

11

12

0.00049
.00084
.00048
.00057
.00136
1.12441
.01847
.00287
.02190
.00011
.00159

0.00056
.00074
.00029
.00138
.00061
.00257
1.04824
.00133
.03962
00005
.00162

0.00066
.00099
.00032
.00063
.00238
.01181
.02851
.99280
.02313
.00017
.00232

.00055
.00059
.00019
.00674
.00016
.00457
.00169
.00307
.00497
.01275
.00064
.00432
.00010
.00057
.00078
.02615
.01610
.00008
.00074
.00655
.01963
.00778
.00031
.00701
.00903
.00806
.00775
.04889
.00443
.00222
.00057
.02212

.00025
.00015
.00011
.00375
.00013
.00392
.00074
.00530
.00624
.01388
.00069
.00168
.00009
.00057
.00067
.00861
.00306
.00006
.00052
.00638
.00826
.00285
.00022
.00301
.00089

.00^
.00052
.00052
.00028
.00366
.00016
.00919
.00216
.00489
.00597
.02610
.00100
.00493
.00018
.00126
.00078
.04223
.01544
.00010
.00113
.04435
.01622
.01368
.00042
.00827
.00454

.01532
.00230
.01118
.00646

.00563
.02065
.01138
.00210
.00063
.01535
.00380
.00119
.00061
.00729
.00015
.00152
.00034
.00194
.00134
.00020
.00236
.00083
.00040
.00092
.00082
.00122
.00625
.02709
.00216
.00700
.00365
.00761
.00242
.04938
.02258
.00449
.04080
.00258
.02608
.00495

.04050
.00176
.00136
.00370
.01667
.01656
.00136
00384
.01329
.00134
.00001
.00282
.00337
.01062

.19925
.00215
.00113
.00260
.01768
.01450
.00245
.00410
.00558
.00203
.00001
.00105
.00266
.00840

.02750
.00991
.00305
.01405
.01636
.02255
.00137
00500
.00661
.00164
.00002
.00227
.00597
.01531

1.72137

1.94762

.00050
.00068
.00678
.00015
.00207
.00029
.00134
.00103
.00033
.00324
.00069
.00102
.00076
.00065
.00082
.02954
.01447
.00340
.00340
.00333
.00546
.00240
00563
.'00143
.05087
.00262
.01588
.00563

.000661
.00337
.00018
.00136
.00022
.00272
.00116
.00035
.00058
.00278
.00017
.00112
.00029
.00093
.00048
.00007
.00097
.00023
.00016
.00041
.00062
.00077
.00226
.00621
.00181
.00274
.00123
.00548
.00432
.01684
.01172

0.00181
.00412
.00523
.00639
.00378
.00385
.02152
.01391
1.01325
.00031
.00358

0.00184
.00420
.00533
.00651
.00376
.00383
.02163
.01412
1.01322
.00031
.00365

.00360
.00048

.00367
.00049
.00068
.08064
.00261
.01075
.00369
.00485
.00788
.01863
.00199
.00837
.00018
.00119
.00933
.02918
.01965
.00021
.00417
.05981
.04138
.02884
.00090
.05288
.00632
.02109
.00077
00308
.00277
.00274
.00077
.00555
.00277
.00115
.01206
.00784
.00280
.01697
.00379
.00380
.00258
.00031
.00377
.00069
.00055
.00361
.00141
00283
.00720
.03045
.00193
.00635
.00351
.01342
.00374
.01435
.00865
.00098
.07607
.04219
.02526
.00938

.07898
.00256
.01059
.00364
.00483
.00780
.01799
.00196
.00819
.00017
.00112
.00914
.02903
.01921
.00021
.00409
.05925
.04325
.02840
00089
.05228
.00623
.02059
.00079
.00374
.00272
.00271
.00076
.00562
.00276
.00113
.01183
.00773
.00274
.01663
.00372
.00374
.00253
.00030
.00371
.00067
.00055
.00355
.00138
.00278
.00724
.03013
.00192
.00613
.00347
.01327
.00373
.01424
.00864
.00098
.07547
.04140
.02483
.00923
.02700
.00454
.00235
.00821
.07443
.04965
.00211
.00782
.01903
.00228
.00004
.00198
.00438

"".02602"
.00461
.00238
.00835
.07587
.05043
.00212
.00793
.01937
.00230
.00004
.00201
.00444
.00602

2.03943

S o • May 1994

SURVEY OF CURRENT BUSINESS
Table 5.—Industry-by-Commodity
(Total requirements, direct and indirect, per dollar

1
1

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

Commodity number

1 Livestock and livestock products
2 Other agricultural products

3

Nonmetallic minerals mining
Construction

13 Ordnance and accessories
14
15 Tobacco products
16
17
18
19
24
25
26A
26B
27A
27B
28
29A
29B
30
31
32
33+34

35
36
37
38
39
40
41
42
43
44+45
46
47
48

49
50
51
52
53
54
55
56
57
58
59A
59B
60
61
62
63
64
65A
65B
65C
650
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A

71B
72A
72B
73A
73B
73C
730
74
75
76
77A
77B
78
79
82
83
84
85

"Z!Z!Z!ZZ!!Z!Z!ZZZ""I"Z!!!""

LUfftDQf 8 0 0 WOOO pfOOUCTS ..«••.•...•••.»....•»»•.•..«..••..•••••••••«•••»».•..••••••.»»••..«.«»«».#•••••»•.•..••••••••••••••«

Furniture and fixtures
Newspapers and periodicals
Other printing ana publishing.
Industrial and other chemicals
Agricultural fertilizers and chemicals
Pasties and synthetic materials
Druos

.
..

Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products ..
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron ana steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment.
Metalworklng machinery and equipment
Special industry machinery and equipment
General Industrial machinery and equipment..
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus .
Electric lighting and wiring equipment
Audio, video, and communication equipment.,
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks) ...
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services; passenger ground transportation
Motor freight transportation and warehousing .
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance

Real estate and royalties . Z Z Z Z Z Z Z Z
Hotels and lodging places
Personal and repair services (except auto) ...
Computer and data processing services
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises
General government industry
Rest of the world adjustment to final uses ....
Household Industry
Inventory valuation adjustment
Total Industry output multiplier

* Less than .000006.




13

14

15

16

and

. . .

Miscellaneous
tavtila
nexoie

Apparel

and floor
coverings

17

18

Miscellaneous
fabricated
textile
products

Lumber
and wood
products

Furniture

19

20+21

22+23

and
fixtures

0.00301
.08093
.00040
.00618
.00038
.00220
.00666
.00127
.00777
.00005
.00203
1.16027
.00116
.00047
.00020
.00022
.00479
.00008
.03971
.04354
.01266
.02854
.01074
.00605
.00403
.00014
.00152
.00050
.00737
.00768
.00007
.00047
.00112
.00361
.00226
.00046
.00076
.00084
.00972
.00021
.00093
.00015
.00079
.00063
.00092
.00143
.00037
.00025
.00054
.00006
.00042
.00020
.00110
.00074
.00010
.00153
.00026
.00014
.00061
.00080
.00120
.00287
.01284
.00062
.00364
.00136
.00551
.01002
.00804
.00407
.00072
.03913
.00187
01250
.00682

0.01691
.12372
.00052
.01010
.00163
.00868
.02587
.00451
.02231
.00010
00700
.00001
1.34605
.02614
.00654
.00319
.00500
.00021
.01677
.00990
.00647
00895
.12741
01270
.17252
.00091
.00731
.00215
.02388
.02372
.00036
.00897
.00321
.00533
.00368
.00140
.00185
.00200
.00430
.00062
.00191
.00072
.00164
.00514
.00186
.00279
.00077
.00057
.00153
.00027
.00098
.00036
.00210
.00139
.00015
.00229
.00050
.00037
.00125
.00136
.00156
.00969
.02704
.00222
.00544
.00336
.00965
.00516
.04671
.02066
.00277
.09993
.00341
.01620
.01060

0.00567
.03586
.00070
.00334
.00238
.00839
.03180
.00535
.02038
.00010
.00803
.00001
.34258
.97981
.00277
.00424
.00680
.00029
.04054
.01337
.01154
.01617
.19206
.00880
.28064
.00125
.01133
.00325
.02737
.03619
00035
.00377
.00535
.00711
.00482
.00186
.00204
.00184
.00632
.00063
.00122
.00044
.00190
.01591
.00251
.00301
.00084
.00058
.00228
.00021
.00093
.00038
.00238
.00105
.00014
.00193
.00053
.00045
.00405
.00174
.00193
.01190
.03736
.00427
.00550
.00418
.01069
.00939
.03840
.02766
.00244
.08389
.00323
01678
.00896

0.00610
.03547
.00488
.00383
.00084
.00436
.01402
.00190
.01367
.00009
.00571
.00001
.35518
.01007
122395
.02801
.00366
.00017
.01515
.00848
.00937
.01113
.05419
.00439
.07537
.00053
.00830
.00112
.01369
.01787
.00882
.00286
.00179
.00358
.00295
.00085
.00116
.00133
.00302
.00037
.00079
.00033
.00100
.00462
.00124
.00179
.00056
.00041
.00102
.00017
.00065
.00058
.00181
.00074
.00012
.00178
.00042
.00035
.00339
.00103
.00819
.00475
.01790
.00124
.00571
.00222
.00836
.00761
.02482
.01090
.00133
.08018
.00247
.01549
.00697

0.00713
.04204
.00082
.00381
.00116
.00528
.01734
.00266
.01666
.00009
.00743
.00001
.45718
.07868
.02405
.90323
.00944
.00206
.02511
.01756
.00823
.01297
.07834
.00558
.10007
.00056
.00591
.00152
.01579
.04310
.01624
.00418
.00262
.00475
.00375
.00110
.00156
.00169
.00435
.00043
.00096
.00040
.00144
.00427
.00147
.00251
.00068
.00064
.00120
.00029
.00087
.00053
.00209
.00087
.00013
.00230
.00064
.00075
.00170
.00129
.00960
.00676
.02485
.00193
.00552
.00272
.00960
.00657
.02721
.01465
.00255
.10227
.00252
01943
.00811

0.00778
.03045
.09070
.01673
.00180
.00486
.02202
.00300
.02244
.00048
00963

.00187
.00081
.00072
.00052
.00460
.00068
.00779
.00284
.01016
.01067
.01558
.00077
.00653
.00017
.00071
.00110
.00810
.01663
.00034
.00124
.00507
.03740
.04713
.00037
.00297
.01136
.02272
.00236
.00122
.00028
.00656
.00068
.01130
.00785
.00334
.00058
.00432
.00017
.00132
.02627
.04268
.00259
.00173
.01504
.13445
.00093
.05339
.00149
.00149
.00346
.01432
.00083
.01004
.00208
.01146
.00830
.01674
.00910
.00093
.04535
.00184
01122
.00471

0.30678
.18453
.00679
.02815
.00190
.00412
.01686
.00319
.01970
.00012
123314
.00001
.00227
.00121
.00027
.00079
.00770
.00025
.03828
.02686
.01371
.02234
.02347
01697
.00899
.00570
.00275
.00134
.01650
.02800
.00035
.01661
.00314
.01462
.01655
.03428
.00186
.00420
.00822
.00061
.00301
.00027
.00173
.00106
.00252
.00221
.00065
.00056
.00141
.00016
.00102
.00037
.00189
.00206
.00023
.00282
.00047
.00062
.00097
.00112
.00168
.01385
.04443
.00358
.00671
.00389
.01104
.01104
.02199
.01321
.00187
.11075
.00406
.01988
.01421

.00364
.00427
.00056
.00123
1.39463
.00423
.01436
.00887
.00927
.01183
.03426
.00847
.01438
.00031
.00149
.00858
.02437
.02204
00039
.00563
.01321
.02095
.01092
.00139
.01291
.02177
.03307
.00091
.00137
.00106
.00483
.00226
.00439
.00603
.00072
.00136
.00297
.00298
.00334
.00047
.00211
.00131
.00074
.00687
.00063
.00260
.00144
.00127
.00276
.01599
.03401
.00373
.00586
.00388
.01013
.00743
.02627
.01466
.00204
.10121
.00468
.02153
.01176

0.00261
.00924
.00843
.00244
.00456
.00543
.01498
.00238
.02163
.00017
.00560
.00001
.05777
.02801
.00101
.00260
.13191
.98653
.02154
.01939
.01072
.01292
.03635
.00232
.02826
.00027
.00173
.01199
.01470
.04364
.00368
.00592
.00876
.06510
.02830
.00124
.00503
.01472
.04498
.00064
.00108
.00092
.00464
.00197
.00483
.00389
.00086
.00211
.00399
.00082
.00157
.00082
.00262
.00099
.00037
.00344
.00071
.00090
.00309
.00149
.00473
.01018
.02653
.00199
.00666
.00288
.01065
.00867
.02290
.01241
.00170
.09419
.00329
02293
.00735

.02051
.00385
.00190
.00449
.01883
.02941
.00470
.00634
.00638
.00387
.00002
.00182
.00324
.00539

.04701
.00337
.00294
.00502
.01445
.03244
.00625
.00637
.01134
.00551
.00268
.00187
.00465
.01032

.01896
.00153
.00130
.00288
.00773
.01740
.00568
.00324
.00864
.00448
.00003
.00133
.00428
.00366

.03187
.00240
.00897
.00586
.01972
.03946
.00292
.00734
.01167
.00283
.00017
.00246
.00628
.01375

.02786
.00260
.00723
.00605
.02367
.03556
.00532
.00766
.01037
.00444
.00007
.00238
.00649
.01281

.02458
.00208
.00620
.00404
.01444
.02843
.00431
.00798
.01217
.00366
.00007
.00211
.00649
.00744

.02669
.00303
.00807
.00495
.01642
.03416
.00372
.00817
.00873
.00335
.00008
.00706
.00656
.00980

.02493
.00277
.00261
.00538
.01842
.03300
.00421
.00886
.01918
.00397
.00008
.00511
.00531
.01033

.02482
.00279
.00299
.00591
.02397
.04465
.00491
.00949
.01347
.00463
00005
.00366
.00574
.00860

1.78562

£58463

1.66430

2.50089

2.59678

2.30313

2.34466

2.35666

2.10133

n

Apparel

20+21
22+23

Tobacco
products

Broad
and
narrow
fabrics,
yarn and
thread
mills

0.00070
.00095
.00037
.00049
.00485
.00355
.00913
.00121
.01631
.95565
00243

Forestry and fishery products
Agriculwral forestry and fishery services
Metallic ores mining

4
5+6
7
8 Crude petroleum and natural gas
9+10
11+12

accessories

Food and
kindred
products

Ordnance

n

Paper
and allied
products,
except
containers

24
0.00323
.00646
.00804
.00227
.00174
.01327
.02937
.00755
.02329
.00013
.01054
.00031
.01847
.00716
.00053
.00060
.10202
.00060
1.17906
.02051
.00747
.01997
.08300
00638
.04079
.00068
00802
.00220
.02684
.04423
.00018
.00178
00659
.00819
.00663
.00126
.00281
.00338
.01610
.00068
.00125
.00041
.00198
.00640
.00290
.00344
.00086
.00074
.00191
00036
.00141
.00038
.00204
.00092
.00026
.00366
.00067
.00071
.00329
.00270
.00173
.01703
.04110
.00320
.00931
.00464
.00954
.00596
.04081
.02674
.00700
.08348
.00460
.01606
.01018

Sari
.00432
.00375
.00723
.01542
.02647
.00337
.00653
.01873
.00299
.00004
.00265
.00556
.02120

2.18030

Paperboard
containers
and boxes

25
0.00200
.00391
.00381
.00132
.00180
.00838
.02649
.00457
.02072
.00011
.00700
.00014
.01004
.00358
.00040
.00045
.04803
.00038
.53800
1.00311
.00544
.01429
.07250
.00395
.04225
.00051
.00462
.00421
.02757
.03319
.00027
.00270
.00424
.01088
.00923
.00284
.00217
.00247
.01626
.00059
.00091
.00032
.00217
.00694
.00233
.00345
.00076
.00063
.00184
.00023
.00111
.00037
.00183
.00086
.00023
.00336
.00058
.00071
.00206
.00178
.00175
.02018
.04893
.00276
.00792
.00483
.01114
.00427
.03243
.01967
.00391
.08815
.00465
01390
.00941
.02349"
.00300
.00299
00653
.01507
.02826
.00242
.00721
.01966
.00231
.00003
.00200
.00513
.01505

248394

May 1994

SURVEY OF CURRENT BUSINESS

8l

•

Total Requirements, 1987 Benchmark—Continued
of delivery to final demand, at producers' prices]
Other
printing
and
publishing

Industrial
and other
chemicals

cultural
fertilizers
and
chemicals

Plastics
an/4
BOO

synthetic
materials

Drugs

Cleaning Paints and
anri
tailot
a n a xoiioi
allied
prepar- products
ations

26A

26B

27A

27B

29A

29B

0.00127
.00173
.00127
.00075
.00060
.00300
.01093
.00162
.01325
.00017
.00447
.00004
.00324
.00135
.00025
.00029
.01539
.00014
.16380
.00488
.97933
.15861
.02540
.00145
.00791
.00022
.00180
.00072
.01273
.01176
.00020
.00074
.00187
.00320
.00311
.00050
.00116
.00129
.00417
.00031
.00051
.00020
.00090
.00327
.00113
.00145
.00187
.00043
.00108
.00013
.00071
.00045
.00327
.00166
.00015
.00220
.00142
.00032
.00207
.00379
.00189
.00719
.01806
.00098
.02585
.00392
.01188
.00825
.01319
.00640
.00138
.04217
.00273
.01694
.00664

0.00154
.00246
.00168
.00086
.00120
.00450
.01465
.00254
.01436
.00012
.00546
.00006
.00655
.00260
.00036
.00045
.02036
.00022
.22155
.01052
.03990
1.06242
.05052
.00222
.01601
.00041
.00297
.00142
.01569
.02981
.00052
.00105
.00252
.00472
.00740
.00075
.00147
.00177
.00749
.00038
.00056
.00022
.00122
.00595
.00139
.00199
.00166
.00049
.00137
.00014
.00084
.00041
.00274
.00107
.00018
.00274
.00062
.00037
.00324
.00844
.00473
.00992
.02668
.00147
.00927
.00312
.00994
.00619
.01973
.00988
.00203
.06566
.00341
.01573
.00773

0 00286
.00667
.00124
.00125
.01063
.01070
.10073
.02785
.02496
.00012
.01676
.00004
.00232
.00099
.00021
.00051
.00606
.00016
.02510
.00888
.00787
.01110
1.06763
.02402
.06151
.00533
.02220
.00723
.10473
.02451
.00014
.00292
.00540
.01215
.01007
.00734
.00249
.00192
.01237
.00087
.00198
.00052
.00239
.00546
.00284
.00259
.00096
.00082
.00256
.00020
.00107
.00038
.00249
.00088
.00014
.00193
.00075
.00056
.00207
.00434
.00202
.01590
.03340
.00419
.00685
.00803
.01002
.00631
.04307
.04796
.00256
.06867
.00330
.01635
.00800

0.00356
.00392
00060
.00106
.00308
.00775
.10210
.08327
.02748
.00013
.01495
.00001
.00173
.00086
.00029
.00040
.00557
.00018
.02286
.00921
.00975
.02633
.22956
1.08740
.03033
.00711
.03851
.00220
.03866
.02275
.00013
.00451
.01019
.01042
.00751
.00709
.00281
.00261
.00929
.00112
.00277
.00120
.00153
.00169
.00445
.00238
.00099
.00072
.00279
.00017
.00114
.00046
.00244
.00109
.00022
.00276
.00056
.00090
.00164
.00176
.00165
.02899
.09331
.00639
.00686
.00765
.01379
.00739
.04188
.06053
.00489
.09530
.00520
.03390
.00997

0.00261
.00979
.00077
.00134
.00511
.01129
.05287
.01060
.02245
.00010
.00909
.00002
.05064
.00419
.00040
.00040
.00580
.00017
.03088
.01142
.00818
.01094
.46762
.01663
.90090
.00261
.01362
.00775
.04454
.05567
.00015
.00254
.00402
.00788
.00599
.00365
.00220
.00177
.00786
.00070
.00136
.00035
.00191
.00317
.00371
.00296
.00088
.00068
.00211
.00017
.00114
.00038
.00215
.00138
.00014
.00201
.00063
.00062
.00151
.00223
.00157
.01882
.03399
.00532
.00645
.00547
.01066
.00659
.04232
.04234
.00277
.06044
.00326
.01516
.00839

0.00526
.00376
.00047
.00087
.00095
.00261
.01114
.00170
.01150
.00010
.01148
.00001
.00141
.00066
.00017
.00019
.00333
.00014
.01869
.01213
.00591
.01367
.05175
.00888
.01022
1.06797
.01111
.00074
.00907
.02816
.00012
.00835
.00199
.00492
.00416
.00512
.00136
.00311
.00464
.00025
.00049
.00018
.00081
.00067
.00134
.00117
.00113
.00036
.00085
.00010
.00059
.00033
.00231
.00066
.00012
.00138
.00035
.00020
.00791
.00210
.00108
.00349
.01100
.00103
.00511
.00162
.01024
.00460
.01376
.01081
.00091
.05894
.00181
.01342
.00424

0.00686
.00533
.00067
.00109
.00242
.00379
.02574
.00434
.01342
.00009
.02633
.00001
.00393
.00197
.00026
.00040
.00578
.00022
.03977
.03927
.01184
.02340
.14593
.00621
.03422
.02619
.98262
.00424
.02759
.06112
.00015
.00919
.00436
.01233
.01004
.01515
.00191
.00750
.01609
.00039
.00071
.00023
.00160
.00157
.00320
.00236
.00060
.00089
.00129
.00013
.00077
.00032
.00190
.00075
.00020
.00172
.00048
00033
.00385
.00157
.00382
.00840
.02625
.00257
.00634
.00345
.00944
.00945
.01773
.01617
.00148
.07782
.00230
.01194
.00620

0.00541
.00587
.00162
.00121
.00659
.00551
.03857
.00981
.01825
.00010
.02231
.00001
.00699
.00090
.00020
.00026
00383
.00014
.01454
.00509
.00590
.01095
.28191
.00724
.12428
.00150
.00998
.99498
.03944
.01691
.00009
.00214
.01513
.01956
.02222
.04760
.00168
.00222
.00759
.00055
.00104
.00031
.00151
.00180
.00235
.00176
.00070
.00050
.00167
.00014
.00307
.00033
.00200
.00078
.00013
.00218
.00042
.00061
.00109
.00655
.00133
.01968
.04373
.00379
.00493
.00509
.01063
.00467
.02419
.02195
.00142
.06629
.00288
.01123
.00556

.03454
.00512
.00303
.01937
.02960
.06300
.00467
.00908
.01420
.00396
.00005
.00353
.01810
.00668

.02810
.00622
.00245
.00885
.01721
.03176
.00351
.01028
.01788
.00323
.00003
.00293
.01122
.00869

.03799
.00296
.00213
.00663
.03495
.03586
.00357
.00695
.00895
.00313
.00004
.00204
.00581
.01498

.04042
.00362
.00253
.00831
.02565
.05324
.00418
.00746
.01344
.00367
.00006
.00284
.00623
.02010

.02933
.00335
.00396
.00685
.04461
.03595
.00373
.00675
.01033
.00327
.00004
.00300
.00560
.01511

.02079
.00270
.00268
.00622
.05836
.05086
.00261
.00538
.00860
.00243
.00007
.00646
.00363
.00528

.02201
.00270
.00220
.00436
.01615
.03302
.00535
.00603
.00846
.00437
.00008
.00277
.00463
.00762

.02470
.00256
.00171
.00436
.02140
.02568
.00264
.00567
.00784
.00238
.00006
.00181
.00405
.00953

1.86432

1.94490

2.11738

2.47840

2.28006

1.66921

1.93174




28

30

_

Petroleum
refining
and
related
products

31

Rubber
and
m!«roL
miaCw"

laneous
plastics
products
32

Footwear,
leather, Glass and
and
glass
leather products
products
33+34

35

Stone and
products

36

.00090
.00070
.00021
.00038
.00485
.00016
.00661
.00328
.00566
.00783
.03495
.00107
.00425
.00027
.00437
.00094
1.04317
.00908
.00013
.00295
.00669
.00805
.00388
.00183
.00275
.00115
.00813
.00070
.00242
.00028
.00135
.00041
00258
.00158
.00066
.00063
.00230
.00017
.00122
.00038
.00147
.00073
.00012
.00185
.00037
.00034
.00073
.00088
.00101
.00409
.01243
.00887
.00484
.04489
.00927
.00454
.02571
.02087
.00149
.06543
.00275
.02444
.01069

0.00171
.00498
.00080
.00093
.00259
.00688
.02766
.00497
.01937
.00011
.00587
.00001
.02805
.01376
.00077
.00084
.01004
.00111
.04396
.02004
.00693
.01060
.15451
.00503
.18759
.00115
.00554
.00337
.02437
1.01398
.00032
.00722
.00741
.01506
.00994
.00209
.00523
.00827
.01767
.00074
.00104
.00040
.00399
.00456
.00320
.00538
.00095
.00144
.00224
.00026
.00313
.00045
.00373
.00125
.00024
.00344
.00072
.00051
.00311
.00242
.00278
.01394
.04682
.00341
.00583
.00438
.01102
.00548
.03485
.02206
.00211
.08549
.00354
.01565
.00812

0.05173
.03314
.00154
.00521
.00131
.00378
.01543
.00280
.01573
.00009
.16857
.00001
.05880
.02859
.00845
.00224
.00922
.00066
.02099
.01603
.01028
.01636
.06914
.00483
.03936
.00129
.00781
.00126
.01509
.04904
1.18812
.00337
.00335
.00734
.00609
.00512
.00148
.00357
.01137
.00038
.00096
.00026
.00166
.00160
.00134
.00263
.00062
.00048
.00107
.00025
.00081
.00034
.00200
.00085
.00015
.00172
.00050
.00033
.00131
.00125
.01466
.00777
.02951
.00190
.00716
.00301
.01076
.00632
.02049
.01160
.00144
.08812
.00252
.01821
.00719

0.00104
.00199
.00208
.00088
.00155
.00620
.03566
.01691
.02298
.00013
.00375
.00001
.00182
.00076
.00042
.00030
.03259
.00599
.03500
.04933
.01070
.01276
.08169
.00231
.01105
.00046
.00220
.00277
.02014
.02170
.00026
1.05830
.02999
.00811
.01126
.00100
.00332
.00587
.00584
.00064
.00111
.00040
.00652
.00179
.00201
.00479
.00070
.00059
.00379
.00060
.00289
.00047
.00209
.00078
.00020
.00230
.00057
.00054
.00453
.00131
.00340
.01653
.02925
.00206
.00797
.00373
.01618
.00869
.03751
.05122
.00171
.06976
.00319
.01457
.00653

0.00117
.00229
.00070
.00072
.00266
.01770
.02925
.09889
.02364
.00149
.00412
.00001
.00533
.00067
.00044
.00033
.00958
.00021
.02556
.00584
.00972
.01096
.05000
.00158
.01049
.00038
.00421
.00305
.02845
.01199
.00013
.00392
1.10951
.01689
.00789
00080
!00369
.00454
.01059
.00126
.00367
.00141
.00286
.00081
.00435
.00300
.00087
.00069
.00300
.00015
.00197
.00072
.00221
.00090
.00023
.00291
.00067
.00065
.00149
.00124
.00271
.01982
.08528
.00552
.00523
.00603
.01604
.00769
.03795
.03095
.00223
.05476
.00506
.01925
.00800

.13417
.00269
.00189
.00597
.01927
.02748
.00257
.00577
.00781
.00235
.00002
.00252
.00433
.00996

.02568
00256
.00356
.00806
.02406
.03013
.00310
.00757
.01202
.00288
.00003
.00511
.00532
.01154

.02625
.00780
.00380
.00487
.01540
.03383
.00471
.00826
.00879
.00400
.00047
.00186
.00777
.00840

.02401
.00280
.00233
.00577
.01386
.02459
.00492
.00647
.01271
.00406
.00002
.00195
.00541
.01284

2.34906

2.13098

127791

1.94175

0.00085
.00107
.00040
.00114
.00087
.00404
.63987
.00599
.03730
.00008
.00293

0

Primary
iron and
steel
manufacturing

37

Primary
nonferrous
metals
manufacturing

38

liaiol

IVKnBI
containers

39

Heating,
plumbing,
Screw
and fabri- machine
products
cated
and
structural
stampings
metal
products

1

41

40
0.00097
.00142
.00082
.00069
.01765
.01056
.01846
.00318
.02939
.00057
.00340

.00379
.00083
.00036
.00030
.01038
.00024
.01033
.00580
.00778
.01007
.04416
.00147
.02524
.00027
.00145
.00194
.02756
.02696
.00013
.00234
.01121
.04265
1.41533
.00075
.00395
.00620
.02014
.00262
.00328
.00118
.01375
.00094
.01794
.00603
.00093
.00129
.01139
.00032
.00198
.00087
.00515
.00774
.00029
.00465
.00069
.00063
.00158
.00120
.00152
.01378
.06070
.00310
.00731
.00515
.01139
.00625
.07190
.03403
.00174
.11455
.00480
.02021
.00959

0.00101
.00161
.00070
.00070
.03788
.01349
.02545
.00340
.02510
.00028
.00390
.00001
.00209
.00064
.00038
.00035
.00871
.00087
.01955
.00996
.01389
.04073
.03664
.00126
.01373
00025
.00186
.01805
.02008
.01615
.00014
.00131
.01066
.27469
.38202
1.02369
.00444
.00628
.02433
.00134
.00232
.00073
.00767
.00092
.00968
.00568
.00094
.00109
.00607
.00077
.00188
.00054
.00299
.00270
.00025
.00330
.00077
.00056
.00126
.00148
.00189
.01432
.04634
.00318
.00992
.00446
.01074
.01088
.04538
.02891
.00255
.13234
.00409
.01814
.00906

.00168
.00073
.00031
.00054
.01277
.00210
.01183
.00895
.00780
00986
.02488
.00095
.00911
.00019
.00133
.00698
.01541
.02159
.00014
.01027
.01243
.24607
.12326
.00096
98889
[03429
.04568
.00124
.00338
.00151
.01390
.00183
.01419
.00794
.00089
.00575
.00776
.00090
.00215
.00066
.00292
.00155
.00102
.00478
.00219
.00171
.00381
.00123
.00215
.01106
.03497
.00260
.00731
.00342
.01107
.00625
.02963
.01991
.00164
.10220
.00402
.01634
.00769

.00293
.00086
.00043
00350
.00710
.00072
.01136
.00729
.00863
.01079
.02733
.00095
00803
.00020
.00145
.00378
.01400
.01550
.00019
.00299
.01168
29902
.06612
.00109
.00924
.98177
.03114
.00167
.00437
.00066
.03390
.00103
.00976
.01674
.00114
.00308
.00734
.00136
.00294
.00070
.00348
.00200
.01467
.01116
.00126
.00058
.00175
.00126
.00211
.01164
.03084
.00288
.00543
.00304
.01110
.00697
.03240
.02195
.00237
.09536
.00322
.01848
.00751

.02380
.00252
.00312
.00733
.01624
.04483
.00656
.00678
.01105
00530
.00003
.00202
.00704
.01921

.02643
.00338
.00413
.00668
.01704
.03645
.00354
.00742
.01907
.00322
.00003
.00276
.00777
.01657

.02646
.00368
.00322
.00658
.01560
.03618
.00616
.00755
.01533
.00512
00003
.00277
00608
.01429

.02376
.00682
.00260
.00544
.01592
.03425
.00354
.00814
.01444
.00325
00003
.00245
.00524
.00980

.02230
.00283
.00329
.00850
.03489
03382
.00395
.00710
.01163
.00346
.00003
.00464
.00568
.01122

2.14776

2.47511

2.59246

2.16326

2.14177

0.00086
.00131
.00068
.00073
.04278
.03668
.03423
.00777
.04090
.00052
.00309

0.00098
.00190
.00077
.00072
.10727
.01184
.03243
.00327
.02551
.00041
.00343

.0012?
.00060
.00043
.00030
.00900
.00093
.01060
00393
.01410
.01463
.04187
.00131
.00575
.00026
.00136
.00159
.02211
.01054
.00016
.00105
.02382
1.16568
.05416
.00070
.00525
.00782
.01970
.00196
.00514
.00110
.00909
.00103
.01859
.00703
.00136
.00110
.01061
.00023
.00398
.00051
.00278
.00127
.00027
.00305
.00070
.00096
.00142
.00128
.00193
.02416
.03011
.00742
.00586
.00419
.01063
.01159
.05551
.04595
.00406
.09984
.00397
.01656
.00832

.02478
.00294
.00304
.00778
.01483
.02877
.00436
.00706
.01400
.00364
.00003
.00243
.00558
.01374

1.99392

_

n

stry number

Newspapers and

o

0.00087
.00136
.00055
.00061
.01487
.01242
.01853
.00315
.02844
.00044
.00303

1
2
3
4
5+6
7
8
9+10
11+12

ri

13
14
15
16
17
18
19

20+21
22+23

24
25
26A

26B
27A
27B
28
29A
29B
30
31
32

33+34

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

46
47
48
49

50
51
52
53
54
55
56
57
58
59A
59B
60

61
62
63
64
65A
65B

65C
65D
65E
66
67
68A
68B
68C
69A
69B
70A
70B
71A
71B
72A
72B
73A
73B
73C
73D
74
75
76
77A
77B
78
79
82
83
84
85

SURVEY OF CURRENT BUSINESS

82 • May 1994

Table 5.—Industry-by-Commodity
[Total requirements, direct and indirect, per dollar
Each entry represents the output required, directly and indirectly,
of the industry named at the beginning of the row for each dollar
of delivery to final demand of the commodity named at the head of the column

Commodity number

1 Livestock and livestock products
2 Other agricultural products
3 Forestry and fishery products
4 Agricultural, forestry, and fishery services
5+6 Metallic ores mining
7 Coal mining
8 Crude petroleum and natural gas
9+10
11+12
13
14
15
16
17
18
19
20+21
22+23
24
25
26A

26B
27A
27B
28
29A
29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45

46
47
48

49
50
51
52
53
54
55

56
57
58
59A
59B

60
61
62
63

64
65A
65B
65C
650
65E

66
67
68A
68B
68C

69A
69B
70A
70B
71A

71B
72A
72B
73A
73B

73C
73D
74
75
76
77A
77B
78
79
82
83
84
85

Nonmetallic minerals mining
Construction
Ordnance and accessories
Food and kindred products
Tobacco products
Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings
Apparel
Miscellaneous fabricated textile products
Lumber and wood products
Furniture and fixtures
Paper and allied products, except containers
Paperboard containers and boxes
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
Paints and allied products
Petroleum refining and related products
Rubber and miscellaneous plastics products
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary Iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metajworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
,
Household appliances
,
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenger cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services; passenger ground transportation .
Motor freight transportation and warehousing
Water transportation
Air transportation
Pipelines, freight forwarders, and related services
Communications, except radio and TV .
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade

Finance
Insurance

Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations
Federal Government enterprises
State and local government enterprises .
General government industry
Rest of the world adjustment to final uses .

,

,
,
,

Other
fabricated
metal
products

Engines
and
turbines

42

0.00095
.00148
.00082
.00066
.01158
.00915
.01840
.00309
.02743
.00038
.00341
.00001
.00237
.00122
.00054
.00087
.01141
.00189
.01809
.01031
.01021
.01368
.03829
.00125
.01391
.00028
.00161
.00844
.01544
.03069
.00017
.00384
.01084
.20138
.08138
.00118
.01273
.02299
.94446
.00168
.00330
.00095
.01424
.00282
.01007
.01672
.00159
.00212
.00939
.00054
.00409
.00078
.00562
.00185
.00047
.01170
.00346
.00063
.00539
.00130
.00405
.00904
.02846
.00233
.00755
.00310
.01195
.00830
.03046
.01926
.00155
.08911
.00342
.01786
.00711

Farm,
construction, and
mining
machinery

Materials
handling
machinery
and
equipment

Metalworking
machinery
and
equipment

Special
industry
machinery
and
equipment

General
industrial
machinery
and
equipment

Miscellaneous
machinery,
except
electrical

44+45

46

47

48

49

50

0.00073
.00102
.00039
.00052
.01356
.00906
.01452
.00239
.02236
.00099
.00255

0.00090
.00125
.00058
.00062
.00863
.00834
.01480
.00220
.02348
.00069
.00319

aQQ

.0018

0.00096
.00121
.00057
.00059
.00802
.00663
.01352
.00198
.02461
.00065
.00340

.02293
.00284
.00253
.00730
.01669
.04339
.00394
.00800
.01169
.00339
.00003
.00235
.00426
.00651

.02619
.00982
.00239
.00567
.01902
.03035
.00218
.00927
.01151
.00238
.00002
.0022
.00355
.00565

.01948
.00423
.00259
.00570
.01607
.02901
.00461
.00757
.00941
.00395
.00002
00250
.00402
.00781

.02208
.00784
.00312
.00688
.01658
.03345
.00669
.00823
.01218
.00544
.00003
.00211
.00507
.00790

1.80296

2.04630

2.06306

1.96670

.00178
.00078
.00030
.00034
.00401
.00055
.01183
.00538
.00499
.00968
.01422
.00068
.01054
.00013
.00073
.00128
.00992
.03788
.00015
.00213
.00345
.02214
.03830
.00051
.00630
.00826
.01565
.00087
.00061
.00032
.00281
.00105
.00256
.00331

.01997
.00384
.00303
.00695
.01584
.03045
.00391
.00767
.01050
.00360
.00002
.00219
.00500
.0074:

1.91831

.01651
.00066
.00729
.00013
.00075
.00171
.01162
.02116
.00012
.00115
.01105
.19121
.09507
.00049
.01729
.02357
.02405
.98256
.01765
.00061
.01139
.00112
.02950
.03899
.00147
.00108
.04025
.00022
.00229
.00081
.00552
.01244
.00154
.05590
.04306
.00616
.00482
.00114
.00138
.00721
.02374
.00209
.00735
.00262
.01116
.00676
.02756
.01646
.00149
.09529
.00277
.01544
.00674

.02140
.00279
.00297
.0071:
.01644
.03379
.00470
.00756
.01301
.00396
.00003
.00245
.00527
.00968

.01854
.00286
.00350
.00847
.01410
.03028
.00383
.00650
.01151
.00345
.00002
.00193
.00485
.00862

.01946
.00337
.00330
.00807
.01775
.03259
.00564
.00789
.00970
.00471
.00002
.00189
.00547
.0081

.02148
.00338
.00321
.00673
.01755
.03348
.00536
.00837
.00988
.00471
.00003
.00191
.00533
.00735

.02208
.00369
.00270
.00612
.01613
.00411
.00805
.01442
.00347
.00002
.00223
.00435
.00719

.02263
.00415
.00270
.00587
.01692
.03069
.00444
.00800
.01080
.00378
.00002
.00183
.00515
.00679

2.01018

2.13840

2.08876

2.04068

1.81882

1.90336

.00608
.01278
.03542
.00165
.00097
.02867
.00022
.00220
.00053
.00425
.00182
.00172
.00443
.00193
.00061
.00185
.00121
.00179
.00617
.01968
.00159
.00771
.00245
.01102
.00726
.02358
.01236
.00110
.06677
.00296
.01474
.00670

.00071
.03207
.00015
.00650
.02350
.14252
.00525
.00022
.00215
.00182
.00039
.00939
.00819
.00153
.00344
.01153
.00090
.02078
.00306
.01231
.00385
.01633
.00639
.00094
.11785
.00246
.01971
.00594

.01127
.02679
.00088
.00801
.00018
.00092
.00125
.01196
.02584
.00015
.00426
.00865
.09713
.05137
.00055
.02037
.01273
.02203
.00550
.00329
.00454
.02298
.95573
.04057
.03083
.00477
.00308
.06296
.00108
.00245
.00076
.01381
.00217
.00029
.00335
.00583
.00078
.00621
.00380
.00177
.00587
.01721
.00142
.01003
.00253
.01274
.00784
.02126
.01173
.00116
.08968
.00257
.01749
.00628

.00141
.00135
.00026
.00024
.00437
.00035
.00888
.00532
.00861
.00994
.01282
.00059
.00664
.00011
.00071
.00114
.00979
.01218
.00011
.00113
.01267
.10012
.07589
.00040
.01631
.01495
.02632
.00538
.00636
.00149
.02400
.00337
.02446
.98897
.00285
.00193
.00911
.00033
.00576
.00067
.00582
.00267
.00039
.01592
.00453
.00107
.00280
.00124
.00146
.00547
.01665
.00141
.00686
.00207
.01059
.00696
.02321
.01082
.00087
.05775
.00254
.01818
.00559

«.&
.00089
.00028
.00027
.00675
.00041
.01093
.00534

.00100
.00031
.00054
.00736
.00196
.01119
.00438
.01176
.01704
.01612
.00069
.00727
.00014
.00077
.00256
.01225
.02401
.00013
.00133
.00841
.13906
.04444
.00058
.03635
.02460
.04569
.01118
.02172
.97644
.01311
.01040
.04481
.03139
.00129
.00346
.04477
.00036
.00245
.00157
.00514
.00761
.00080
.01250
.00887
.00109
.00579
.00133
.00207
.00638
02227
.00174
.00782
.00258
.01290
.0094'
.02152
.01333
.00151
.10372
.00295
.01599
.00699

53

.00104
.00034
.00039
.01187
.00102
.01366
.01009
.01000
.01134
.02283
.00090
.01419
.00030
.00141
.00440
.01202
.03232
.00013
.00250
.01081
.09684
.09476
.00072
.01606
.02753
.02712
.00333
.00304
.00118
.00991
.00629
.02943
.01594
.00142
1.02208
.07022
.01111
.00842
.00095
.00723
.00185
.00053
.00606
.00163
.00111
.01930
.00133
.00321
.00664
.02234
.00177
.01047
.00282
.01193
.00813
.02320
.01290
.00156
.11005
.00256
.01400
.00619

.00627
.00040
.00061
.00595
.00026
.01152
.00675
.00855
.01073
.01621
.00069
.00991
.00017
.00083
.00125
.01143
.02335
.00011
.00106
.01059
.13313
.05790
.00047
.01465
.01464
.02412
.00666
.00632
.00305
.01599
.00954
1.00047
.02351
.00329
.00726
.04828
.00098
.00183
.00063
.00656
.00221
.00038
.01027
.00198
.00057
.00581
.00149
.00171
.00615
.01834
.00171
.00956
.00253
.01209
.00691
.02504
.01392
.00118
.08448
.00258
.01523
.00630

.00180
.00063
.00034
.00103
.00569
.00034
.01021
.00667
.00897
.01035
.02237
.00080
.00871
.00016
.00094
.00217
.01242
.03009
.00018
.00120
.01950
.11609
.05456
.00057
.01877
.04151
.02143
.00408
.00639
.00131

.00066
.00335

Electrical
industrial
equipment
and
apparatus

0.00094
.00127
00055
.00063
.00946
.00601
.01650
.00247
.02129
.00033
.00332
.00001
.00220
.00097
.00035
.00038
.00680
.00056
.01920
.00898
.01441
.01503
.01987
.00085
.01291
.00016
.00095
.00394
.01711
.03158
.00013
.00167
.01516
.07837
.06963
.00066
.00784
.02109
.01980
.01628
.00209
.00133
.00889
.00094
.01079
.01518
.00458
.00115
.97115
.00039
.01236
.00358
.03982
.00543
.00045
.00414
.00782
.00612
.00756
.00143
.00243
.00740
.02100
.00155
.01416
.00331
.01438
.01181
.02523
.01331
.00119
.09476
.00285
.02318
.00670

0.00092
.00107
.00036
.00057
.00369
.00294
.00907
.00102
.02003
.00025
.00330

0.00091
.00116
.00053
.00055
.00722
.00556
.01279
.00208

Service
industry
machinery

52

0.00081
.00099
.00037
.00051
.00904
.00592
.01088
.00208
.02089
.00063
.00287

0.00089
.00115
.00046
.00053
.00727
.00651
.01328
.00276
.01835
.00050
.00321

.00104
.00042
.00038
.00757
.00053
.01146
.00608
.01218
.01317
.01841
.00080
.00945
.00015
.00084
.00404
.01217
.03691
.00024
.00138
.00932
.17180
.03790
.00066
.04474
.02113
.02787
.04830
1.00820
.00285
.01381
.00237
.03920
.03186
.00116
.00141
.01143
.00027
.00194
.00067
.00333
.00610
.00151
.01194
.00306
.00400
.00177
.00129
.00201
.00749
.02679
.00233
.00921
.00297
.01161
.00996
.02470
.01628
.00147
.10658
.00298
.01526
.00743

.00076
.00044
.00037
.00492
.00036
.00970
.00511
.00834

Computer
and office
equipment

O

0.00091
.00135
.00086
.00061
.01040
.00601
.01327
.00300
.01973
.00058
.00327

Inventory valuation adjustment

'Less than .000005.




SURVEY OF CURRENT BUSINESS

May 1994

•

83

Total Requirements, 1987 Benchmark—Continued
MiscelMotor
Railroads
Audio,
Motor
Truck and
Pipelines, CommuniElectric video,
Electronic laneous
Other
freight Water
Scientific Ophthaland related
Misceland components
vehicles bus bodies, Aircraft
Air
cations,
mic and laneous
freight
Household
electrical
transtransporand
services;
communi(passenger
trailers,
and
phototranspor*
except
transporforwarders,
and
wiring
appliances
and
machinery cars and motor vehi- and parts portation controlling graphic manufac- passenger tation and tation
cation
tation
radio
and
related
equipment equipment
and
equipment instruments equipment turing
wareground
trucks)
cles
parts
and
TV
services
supplies
transportation housing
54

55

56

57

0.00110
.00208
.00111
.00072
.00764
.00688
.01628
.00279
.01941
.00055
.00373
.00001
.00697
.00154
.00044
.00045
.01531
.00544
.02503
.02481
.01163
.01336
.04000
.00151
.03613
.00034
.00160
.00878
.01365
.05663
.00019
.01301
.01062
.11100
.04891
.00109
.00721
.02489
.04277
.00168
.00356
.00043
.01335
.00170
.01188
.00559
.00183
.02726
.04179
.95536
.01399
.01915
.02145
.00205
.00042
.00302
.00134
.00061
.02120
.00137
.01025
.00831
.02770
.00185
.01032
.00317
.01122
.00947
.02431
.01678
.00155
.11509
.00265
.01942
.00667

0.00100
.00155
.00064
.00063
.00837
.00552
.01486
.00241
.01885
.00017
.00353
.00001
.00378
.00092
.00033
.00042
.00850
.00126
.01745
.01836
.00926
.01113
.03387
.00127
.03000
.00023
.00125
.00299
.01318
.03535
.00013
.04013
.00694
.07517
.07869
.00072
.00285
.03407
.02525
.00102
.00319
.00034
.00627
.00080
.00384
.00559
.00127
.00291
.03430
.00082
.96772
.00360
.01882
.01206
.00062
.00557
.00130
.00066
.00637
.00161
.00472
.00704
.02271
.00144
.01281
.00313
.01204
.00747
.02388
.01445
.00127
.09897
.00270
.02101
.00635

0.00082
.00118
.00048
.00054
.00358
.00311
.00903
.00119
.01519
.00387
.00285

.02020
.00464
.00365
.00636
.01528
.03251
.00537
.00770
.00974
.00452
.00003
.00348
.00707
.00862

.02177
.00714
.00297
.00646
.01753
.03107
.00423
.00850
.01158
.00373
.00003
.00207
.00486
.00780

'"TiSSi

56

59A

59B

61

60

62

.01872
.00403
.00201
.00542
.01564
.03264
.00500
.00702
.00980
.00486
00003
.00719
.00403
.00664

.02512
.00307
.00310
.00538
.02229
.03626
.00882
.01194
.01532
.00733
.00004
.00581
.00671
.00876

.02954
.00350
.00231
.01294
.01914
.03345
.00141
.00628
.01953
.00159
.00003
.00434
.00441
.11140

""£<£$£

'fiiSib

"7.80604 "7.99687

1.86M3

.00476
.00229
.00041
.00252
.00420
.00079
.00872
.00247
.01221
.01286
.01286
.00067
.00635
.00024
.00075
.00280
.01038
.01919
.00016
.00148
.00691
.04112
.08223
.00046
.00553
.01707
.01969
.00796
.00097
.00029
.01838
.00104
.00555
.01413
.00330
.00057
.00586
.00016
.00129
.01694
.02998
.00275
.00035
.00288
1.16681
.00062
.03840
.00131
.00166
.00393
.01377
.00107
.02106
.00317
.01320
.01001
.01947
.00892
.00088
.04962
.00220
.02410
.00584

.00838
.00683
.00060
.00789
.03423
.00348
.00943
.00472
.00733
.00900
.02307
.00108
.01766
.00018
.00100
.00811
.01222
.02532
.00028
.01256
.00888
.08486
.04911
.00084
.04164
.01688
.02988
.04733
.01594
.00091
.00624
.00104
.02641
.01038
.00100
.00560
.02134
.00632
.00566
.00159
.00477
.00799
.02677
.02920
.00712
1.00504
.00574
.00107
.00352
.00712
.02360
.00169
.00720
.00258
.01200
.00592
.02083
.01091
.00130
.09799
.00352
.01284
.00629

.02310
.00347
.00601
.00663
.01647
.03199
.00448
.00705
.00764
.00398
.00002
.00320
.00503
.00541

.02256
.00542
.00245
.00638
.01713
.03103
.00296
.00758
.00786
.00326
.00002
.00415
.00430
.00705

.02500
.00860
.00317
.00726
.02119
.03628
.00596
.01077
.01529
.00630
.00003
.00273
.00511
.00853

.02298
.00379
.00401
.00696
.01820
.03617
.00657
.00889
.02449
.00578
.00003
.00478
.00631
.00929

.02129
.00302
.00378
.00643
.01587
.03400
00629
.00783
.04210
.00523
.00003
.00322
.00677
.00913

.02123
.01270
.00244
.00628
.01757
.03482
.00567
.00648
.00730
.00487
.00002
.00326
.00511
.00607

"193327

1.86771

JL24813 "£01862




£67846

n

n

65E

66

.00306
.00078
.00033
.00488
00558
.00015
.01022
.00222
.01137
.01839
.00549
.00056
.00265
.00010
.00052
.00060
.01224
.00690
.00046
.00103
.00254
.00434
.00336
.00037
.00213
.00132
.00391
.00155
.00062
.00019
00066
.00036
.00606
.00175
.00256
.00064
.00244
.00017
.00106
.00106
.00351
.00264
.00016
.00243
.00139
.00065
.00080
.00167
.00228
.00561
.01091
.00195
.02402
1.04047
.03097
.00890
.04128
.00636
.00273
.01963
.00352
.05604
.03345

.02301
.00319
.00265
.00541
.01929
.03148
.00508
.00763
.01144
.00456
.00003
.00338
.00505
.00600

.00428
.00296
.00042
.00233
.00960
.00116
.01304
.00614
.01354
.01419
.02685
.00103
.01888
.00020
.00125
.00542
.01489
.05177
.00019
.00372
.01199
.11438
.08723
.00080
.02283
.04321
.03187
.00634
.00256
.00089
.00911
.00124
.02691
.04696
.00148
.01582
.00794
.00034
.00610
.00152
.01097
.02713
.05817
1.02206
.00137
.00158
.00291
.00140
.00209
.00873
.03301
.00206
.00841
.00330
.01426
.01111
.02697
.01599
.00137
.10303
.00471
.01562
.00853

0.00120
.00189
.00054
.00062
.00445
.00363
.00957
.00135
.01543
.01572
.00405
.00001
.00843
.00614
.00079
.00037
.00687
.00165
.01819
.00714
.01104
.01285
.02127
.00091
.01608
.00390
.00160
.00150
.00932
.02977
.00030
.00469
.00511
.03442
.03845
.00076
.00845
.01583
.02415
.00071
.00073
.00028
.00476
.00128
.00467
.00488
.01515
.00086
.01891
.00029
.00410
.01681
.10356
.00796
.00035
.00404
.01208
.00036

65D

O
.00126
.00097 .00527 .001P7
.00092
.00048 .00381 .00046
.00060
.00029 .00564 .00046
.00052
.00047 .00391 .00075
.01153
.00259 .00414
00358
.00045
.00010 .00022 .00014
.00657
.00597 .00878 .00884
.00209
.00205 .00278 .00195
.00347
.00399 .00776 .01125
.00992
.00826 .01365 .01460
.01072 v' .00756 .01042 .00839
.00142
.00123 .00181 .00071
.00401
.00371 .00534 .00230
.00011
.00009 .00016 .00016
.00104
.00070 .00100 .00102
.00176
.00087 .00279 .00066
.07886
.06679 .04271 .12443
.01204
.01532 .01066 .00578
.00015
.00019 .00028 .00024
.00103 .00116 .00105
.00228
.00871
.00181 .00331 .00267
.01539
.00455 .01593 .00527
.00934
.00297 .02122 .00618
.00048
.00037 .00065 .00080
.00803
.00133 .00315 .00180
.00312
.00229 .00292 .00229
.01160
.00626 .02576 .00424
.00386
.00088 .00893 .00073
.00126
.00057 .00148 .00071
.00017 .00038 .00018
.00049
.00295
.00076 .00952 .00161
.00043
.00027 .00083 .00033
.00891
.00194 .02898 .00155
.00557
.00176 .00977 .00215
.00125
.00091 .00221 .00169
.00221
.00090 .00088 .00053
.01623
.00195 .00421 .00137
.00053
.00011 .00087 .00019
.00325
.00140 .00268 .00092
.00077
.00060 .00065 .00144
.00299
.00190 .00417 .00506
.00290
.00164 .00289 .00129
.00111
.00071 .00059 .00013
.00992
.00863 .00298 .00164
.00078
.00042 .00119 .05232
.02116
.00031 .01724 .00031
.00114
.00049 .00253 .00258
.00100
.00110 .00167 .00124
.00134
.00107 .00369 .00196
.94368
.00616 .00406 .00317
.01246 1.17942 .01354 .00965
.00244
.00200 1.10822 .00383
.00586
.00602 .00966 1.02442
.02851
.04943 .07693 .09481
.00787
.02423 .01704 .02466
.00249
.00291 .00603 .00901
.01722
.01529 .03282 .01400
.00706
.00446 .00638 .00611
.00091
.00069 .00248 .00090
.04993
.03319 .04916 .05119
.01075
.03558 .00239 .00303
.02015
.01783 .08554 .04898
.01230
.01933 .00846 .01413

.03002
.00279
00252
.00488
.01507
.02960
00335
.00640
.01269
.00360
.00002
.00192
.00410
.00722

.00306
.00129
.00057
.00031
.00623
.01095
.01451
.00701
.00980
.01320
.02227
.00086
.01557
.00018
.00129
.00164
.00876
.05320
.00021
.00383
.00354
.01906
.03872
.00053
.00486
.01251
.02189
.00050
.00060
.00031
.00331
.00136
.00303
.00362
.02236
.00071
.00979
.00047
.00954
.97001
52148
.01268
.00028
.00704
.00254
.00025
.03490
.00208
.00201
.00380
.01404
.00090
.01071
.00219
.01196
.00792
.01697
.00763
.00080
.08231
.00190
.01534
.00565

0.00101
.00233
.00229
.00100
.00669
.00541
.01256
.00218
.03339
.00049
.00293

65C

0.00207
.00198
.00057
.00097
.00045
.00564
.01459
.00078
.03320
.00028
.00750

.00421
.00304
.00433
.01426
.00105
.00835
.00204
.01255
.00897
.01808
.00817
.00106
.06574
.00224
.01521
.00605

0.00095
.00161
.00072
.00067
.01059
.00717
.01647
.00251
.02253
.00057
.00324

65B

0.00135 0.00204 0.00400
.00991 .00221 .00304
.00026 .00051
00056
.00091 .00102 .00107
.00044 .00218 .00071
.00224 .00532 .00214
.04263 .02912 .07829
.00091 .00113 .00125
.01601 .02263 .02503
.00008 .00025 .00270
.00343 .00710 .01525

0.00099
.00128
.00083
.00120
.00131
.00291
.05101
,00252
.12308
.00014
.00323

0.00132
.00313
.00071
.00082
.00652
.00628
.01760
.00257
.02169
.00063
.00407
.00001
.01869
.00705
.00114
.02470
.00897
.01301
.01687
.00766
.01418
.01563
.03769
.00144
.02667
.00031
.00166
.01490
.01661
.08865
.00069
.01296
.00969
.07921
.04592
.00143
.01039
.08957
.03001
.01974
.00203
.00067
.01477
.00147
.01239
.02527
.00214
.02638
.00868
.00057
.00707
.01090
.01721
.03498
1.00532
.33205
.00265
.00113
.01215
.00176
.00279
.01098
.04120
.00207
.01219
.00412
.01330
.01160
.02369
.01572
.00156
.14639
.00482
.01926
.01018

n

65A

0.00257
.00523
.00245
.00130
.00770
.00443
.01450
.00283
.01818
.00021
.00810
.00009
.02138
.00342
.00207
.00541
.03515
.00151
.03626
.01806
.01929
.02596
.04126
.00203
.03465
.00037
.00285
.00549
.01472
.04259
.00444
.00251
.00895
.03011
.08488
.00102
.00243
.00733
.01569
.00070
.00092
.00035
.00461
.00128
.00366
.00590
.00177
.00172
.00417
.00140
.00189
.00133
.01666
.00203
.00053
.00291
.00109
.00105
.00212
.00214
1.01047
.00740
.03234
.00203
.00683
.00304
.01030
.01558
.02191
.01121
.00226
.08627
.00338
.01963
.00773

0.00120
.00162
.00048
.00067
.01313
.00478
.01525
.00205
.01890
.00380
.00439
.00001
.00317
.00169
.00047
.00040
.00536
.00050
.03643
.01096
.01298
.01475
.04416
.00145
.02076
.00029
.00148
.00142
.01519
.05799
.00015
.00299
.00560
.03398
.09667
.00074
.00790
.01482
.03012
.00213
.00109
.00038
.00658
.00135
.00604
.01472
.01678
.00130
.01595
.00064
.01303
.00858
.07712
.92407
.00045
.02247
.00671
.00040
.02866
.00795
.00208
.00642
.02277
.00155
.01617
.00350
.01306
.01053
.02503
.01218
.00157
.10065
.00312
.02384
.00760

n

64

0.00102
.00155
.00080
.00064
.00223
.00437
.01211
.00207
.01475
.00027
.00368
.00002
.00346
.00211
.00027
.00026
.00952
.00032
.08910
.01203
.01091
.01407
.04590
.00161
.01754
.00033
.00171
.00102
.01198
.03376
.00012
.00703
.00677
.01122
.01946
.00064
.00209
.00636
.01812
.00048
.00061
.00021
.00271
.00134
.00242
.00365
.00455
.00046
.00532
.00020
.00436
.00145
.08661
.00291
.00018
.00183
.00097
.00028
.01389
.99892
.00245
.00561
.01718
.00175
.00940
.00248
.00890
.00883
.01611
.00943
.00161
.06309
.00224
.02116
.00723

0.00089
.00125
.00039
.00057
.00631
.00433
.01178
.00182
.02156
.00042
.00323
(*)
.00262
.00111
.00054
.00033
.00447
.00102
.01047
.00545
.00656
.00871
.03627
.00118
.01791
.00026
.00121
.00121
.01108
.06151
.00014
.01006
.00538
.02272
.07125
.00059
.00671
.01253
.04020
.00059
.00079
.00031
.00427
.00402
.00329
.00480
.03822
.00067
.00948
.00019
.00398
.01204
1.04277
.01141
.00026
.00195
.00183
.00029
.01432
.00130
.00142
.00482
.01647
.00117
.01074
.00248
.01130
.00523
.02580
.01020
.00090
.07558
.00225
.02058
.00578

0.00080
.00124
.00035
.00057
.00757
.00399
.01041
.00134
.01786
.05833
.00268

63

.04570
.00327
.00276
.00821
.01459
.02812
.00165
.01002
.04979
.00184
.00003
.00181
.00460
.00670

.06254
.00322
.00287
.02364
.01673
.09391
.00341
.00934
.00881
.00313
.00007
.00504
.00660
.01193

n

.04639
.00311
.00734
.01743
.01768
.03601
.00510
.03621
.00999
.00509
.00005
.00212
.00432
.02335

.05607
.00565
.00357
.02623
.02855
.03231
.00504
.02311
.01453
.00471
.00003
.00584
.00790
.01214

£06007 "1.94720

'1.72170

Industry number

|

of delivery to final demand, at producers' prices]

1
2
3
4
5+6
7
8
9+10
11+12
13
14
15
P
)
16
.00085
17
.00041
18
.00084
19
.00018
00559 20+21
.00038 22+23
24
.00596
25
.00134
26A
.00478
26B
.01130
27A
.00553
27B
.00040
28
.00254
29A
.00049
29B
.00039
30
.00159
31
.00520
32
.00802
.00015 33+34
35
.00083
36
.00394
37
.00569
38
.00542
39
.00024
40
.00348
41
.00383
42
.00452
43
.00207
.00041 44+45
46
.00022
47
.00065
48
.00030
49
.00311
50
.00090
51
.00269
52
.00086
53
.00327
54
.00024
55
.00185
56
.01706
57
.01931
58
.00241
59A
.00014
59B
.00157
60
.00042
61
.00027
62
.00147
63
.00115
64
.00152
65A
.00189
65B
.00684
65C
.00047
65D
.00401
65E
.00099
66
156341
67
.00363
68A
.00706
68B
.00263
68C
.00374
.01928
69A
.00337
69B
.02338
70A
70B
.00372
71A
.03171
71B
.00186
72A
.00411
72B
.01672
73A
.01439
73B
.02007
73C
.00205
73D
00632
74
.00744
75
.00850
76
.00002
77A
.00269
77B
.00403
78
79
.00756
82
83
84

0.00068
.00081
.00043
.00075
.00065
.00120
.00439
.00105
.05944
.00014
.00224

"l_r

85

SURVEY OF CURRENT BUSINESS

84 • May 1994

Table 5.—Industry-by-Commodity
[Total requirements, direct and indirect, per dollar
Each entry represents the output required, directly and indirectly,
of the industry named at the beginning of the row for each dollar
of delivery to final demand of the commodity named at the head of the column

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

26A
26B
27A
27B
28
29A

29B
30
31
32
33+34
35
36
37
38
39
40
41
42
43
44+45

46
47
48

49
50
51
52
53
54

55
56
57
58
59A

59B
60
61

62
63
64
65A
65B

Livestock and livestock products
Other agricultural products
Forestry and fishery products
Agricultural, forestry, and fishery services .
Metallic ores mining
Coal mining
Crude petroleum and natural gas
Nonmetallic minerals mining
Construction
Ordnance and accessories
Food and kindred products
IQyQCco tyooucts

••••••••••••••••••••••••••••••••••••••••••••••••••I

Broad and narrow fabrics, yarn and thread mills
Miscellaneous textile goods and floor coverings ..
Apparel
Miscellaneous fabricated textile products
LUflftDQr flOO VVOOO Df00UC»3

•••••••••••••••••••••••••••••••i

Furniture and fixtures
Paper and allied products, except containers ....
Paperboard containers and boxes .
Newspapers and periodicals
Other printing and publishing
Industrial and other chemicals
Agricultural fertilizers and chemicals .
Plastics and synthetic materials
Drugs
Cleaning and toilet preparations
1 flints ftflQ flilOO QrOOUCsS ••#••••••••••••••«

Petroleum refining and related products
UDDOT 6tOO
SC
UDDO
6tO flfll3C©H3n©0U3
3C©3©0U3 PP 88 S
C 88 DfOOU
OOU
Footwear, leather, and leather products
Glass and glass products
Stone and clay products
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Metal containers
Heating, plumbing, and fabricated structural metal products
Screw machine products and stampings
Other fabricated metal products
Engines and turbines
Farm, construction, and mining machinery
Materials handling machinery and equipment
Metarworking machinery and equipment
Special industry machinery and equipment
General industrial machinery and equipment
Miscellaneous machinery, except electrical
Computer and office equipment
Service industry machinery
Electrical industrial equipment and apparatus
Household appliances
Electric lighting and wiring equipment
Audio, video, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
Motor vehicles (passenaer cars and trucks)
Truck and bus bodies, trailers, and motor vehicles parts
Aircraft and parts
Other transportation equipment
Scientific and controlling instruments
Ophthalmic and photographic equipment
Miscellaneous manufacturing
Railroads and related services; passenger ground transportation ,
Motor freight transportation and warehousing

65C
65D
65E

66
67
68A
68B
68C
70A
70B
71A
71B
72A
72B
73A
73B

73C
73D
74
75
76
77A
77B
78

79
82
83
84
85

Air transportation
Pipelines, freight forwarders, and related services .
Communications, except radio and TV
Radio and TV broadcasting
Electric services (utilities)
Gas production and distribution (utilities)
Water and sanitary services
Wholesale trade
Retail trade
Finance
Insurance
Owner-occupied dwellings
Real estate and royalties
Hotels and lodging places
Personal and repair services (except auto)
Computer and data processing services
Legal, engineering, accounting, and related services
Other business and professional services, except medical
Advertising
.„
„.
Eating and drinking places
Automotive repair and services
Amusements
Health services
Educational and social services, and membership organizations .
Federal Government enterprises
State and local government enterprises
General government industry
Rest of the world adjustment to final uses
Household industry
Inventory valuation adjustment
T o t t Industry output multiplier.

•Less than .000005.




Radio
andTV
broadcasting

67
0.00344
.00331
.00050
.00408
.00054
.00160
.00076
.02807
.00014
.00963

mlil
.00047
.00115
.00072
.00489
.00021
.00871
.00141
.00793
.01334
.00736
.00122
.00275
.00014
.00082
.00054
.00645
.00786
.00070
.00223
00338
.00472
.00046
.00187
.00144
.00343
.00028
.00047
.00018
.00071
.00040
.00080
.00097
.00322
.00084
.00184
.00029
.00128
.00272
.03198
.00267
.00011
.00137
.00073
.00081
.00184
.00861
.00267
.00326
.00882
.00073
.01197
.00193
.01838
1.02233
.01040
.00427
.00108
.02157
.00244
.02505
.00535

Electric
services
(utilities)

Gas
production Water and
Wholesale
sanitary
and
trade
services
distribution
(utilities)

68A
0.00050
.00075
.00051
.00089
.00076
.11151
05256
.00176
.07791
00009
.00153
$
.00051
.00023
.00018
.00719
.00023
.00373
.00116
.00205
.00476
.00865
.00050
.00213
.00010
.00073
.00094
.05098
.00577
.00009
.00085
.00570
.00766
.00561
.00038
.00493
.00260
.00397
.00501
.00539
.00076
.00133
.00023
.00384
.00193
.00097
.00108
.00349
.00027
.00307
.00048
.00182
.00214
.00015
.00188
.00056
.00091
.00127
.00071
.00084
.02952
.01013
.00477
.00458
.00472
.00582
.00152
.85344
.04944
.00108
.03274
.00441
.02059
.01196

trade

.00026
.00015
.00014
.00409
.00014
.00315
.00067
.00323
.00469
.00904
.00061
.00137
.00007
.00052
.00063
.01241
.00283
.00007
.00050
.00464
.00267
.00019
.00290
.00085
.00401
.00043
.00196
.00018
.00085
.00017
.00169
.00131
.00155
.00066
.00171
.00022
.00125
.00034
.00131
.00203
.00008
.00117
.00029
.00020
.00069
.00061
.00071
.00193
.00530
.00160
.00408
.00627
.00501
.00256
.01501
1.10563
.00076
.01682
.00282
.01686
.00592

Insurance

70A

70B

0.00218
.00178
.00044
.00109
.00031
.00340
.00896
.00065
.02564
.00007
.00805
.00001
.00078
.00038
.00024
.00028
.00400
.00011
.01697
.00232
.01730
.01620
.00454
.00055
.00196
.00009
.00059
.00053
.01038
.00485
.00021
.00065
.00195
.00290
.00229
.00038
.00157
.00122
.00354
.00031
.00044
.00015
.00049
.00033
.00072
.00096
.00111
.00077
.00075
.00019
.00091
.00058
.00226
.00102
.00017
.00266
.00030
.00021
.00052
.00128
.00262
.00368
.00784
.00062
.00473
.00148
.01900
.01422
.02400
.00595
.00104
.01516
.99910
.01804
.00590

0.00160
.00158
.00036
.00084
.00032
.00158
.00651
.00054
.01856
.00014
.00574

0.00231
.00188
.00039
.00082
.00023
.00077
.00381
.00039
.01378
.00008
.00858
0
.00061
.00024
.00015
.00035
.00216
.00007

.01818
.00100
.00378
.00072
.00177
.00064
.00331
.00769
.00159
.00330
.00310
.00122
.00502
.00140
.00447
.00346
.00174
.02960
.00075
.00078
.01505
.00163
.00224
.00718
.12971
.00320
.00676
.00762
.01705
.00348
.05175
.05609
.39558
.05234
.01499
.02938
.06532

0.00159
.00150
.00065
.00101
.00037
.00178
.01097
.00058
.01537
.00016
.00564
.00001
.00110
.00051
.00041
.00061
.00753
.00011
.01761
.01129
.00881
.01877
.00535
.00061
.00258
.00010
.00076
.00058
.01248
.00695
.00032
.00116
.00170
.00332
.00279
.00192
.00122
.00142
.00310
.00029
.00051
.00077
.00076
.00042
.00084
.00144
.00092
.00080
.00080
.00015
.00080
.00057
.00250
.00119
.00021
.00332
.00077
.00022
.00062
.00144
.00206
.00288
.00751
.00077
.01349
.00321
.02202
.00681
.01111
.00759
.00070
1.03595
.00395
.02398
.00516
.03845
.00868
.00574
.00619
.01990
.06608
.00386
.01722
.02602
.00629
.00005
.00286
.00506
.00546

.07446
.00343
.00620
.01007
.04402
.03744
.00805
.01625
.02068
.00678
.00004
.00241
.01043
.01046

.05781
.00560
.00320
.06143
.04063
.07363
.00313
.01815
.01274
.00346
.00005
.00491
.03286
.00551

.05680
.01044
.00291
.01841
.03368
.03603
.00339
.02742
.01083
.00371
.00004
.00188
.01730
.00483

1.53111

1.53953

1.84520

1.94722

68C
0.00047
.00062
.00031
.00103
.00049
.00225
.49087
.00115
.04552
.00006
.00139

Finance

0.00142
.00238
.00174
.00326
.00184
.00788
.04801
.00475
50297
.00038
.00408
.00178
.00127
.00075
.00049
.02486
.00067
.01094
.00262
.00464
.04333
.00331
.00744
.00035
.00174
.00263
.03761
.01920
.00025
.00296
.01546
.01710
.01175
.00071
.01195

.09383
.00452
.01569
.01199
.03583
.05481
.00343
.01487
.00851
.40593
.00006
.00798
.00623

.02502
.00163
.00265
.01047
.01549
.01665
.00086
.00376
.00843
.00096
.00001
.00333
.05042
.11696

.09933
.00165
.00147
.01558
.01462
.00145
.00361
.00774
.00130
.00001
.00124
.00446
.05390

.03702
.00496
.00705
.01268
.05401
.03961
.00197
.00925
.01595
.00214
.00003
.00285
.00845
.54715

2.02027

1.70058

2.03370

251174

.00036
.00019
.00074
00300
.00010
.01377
.00122
.00861
.02702
.00468
.00056
.00205
.00011
.00075
.00045
.00847
.00573
.00024
.00085
.00153
.00243
.00250
.00034
.00123
.00105
.00221
.00029
.00043
.00017
.00052
.00039
.00104
.00077
.00461
.00047
.00106
.00013
.00091
.00096
.00605
.00259
.00014
.00202
.00077
.00052
.00074
.00555
.00284
.00417
.03166
.00059
.01348
.00304
.03491
.00553
.01049
.00295
.00090
.01798
.00306
150851
.02292

.00097
.00798
.02148
.00332
.00049
.00137
.00009
.00045
.00033
.00481
.00372
.00028
.00062
.00110
.00175
.00173
.00035
.00086
.00155
.00019
.00025
.00010
.00032
.00026
.00058
.00055
.00163
.00034
.00061
.00010
.00061
.00082
.00273
.00200
.00011
.00170
.00043
.00026
.00051
.00316
.00227
.00391
.01005
.00036
.00733
.00201
.03148
.00598
.00473
.00189
.00135
.01195
.00195
.11255
1.40442

Owneroccupied
dwellings

71A

0.00107
.00172
.00031
.00819
.00023
.00031
.00180
.00093
.05323
.00003
.00086

Real estate and
royalties

71B

0.00166
.00206
.00054
.00610
.00038
.00093
.00474
.00125
.07124
.00007
.00395

".00024
.00041
.00026
.00014
.00004
.00022
.00009
.00646
.00436
.00021
.00014
.00655
.00142
.00088
00039
.00690
.00091
.01092
.00191
.00410
.00181
.00163
.00228
.00161
.00070
.00007
.00004
.00053
.00020
.00079
.00052
.00544
.00218
.00463
.00174
.00012
.00003
.00064
.00029
.00456
.00321
.00374
.00252
.00278
.00172
.00025
.00010
.00399
.00314
.00087
.00044
.00240
.00131
.00017
.00011
.00051
.00085
.00024
.00016
.00040
.00020
.00022
.00008
.00076
.00040
.00068
.00024
.00057
.00022
.00097
.00066
.00085
.00049
.00042
.00016
.00155
.00094
.00053
.00025
.00148
.00050
.00091
.00029
.00008
.00003
.00110
.00038
.00022
.00008
.00018
.00006
.00046
.00024
.00095
.00030
.00130
.00032
.00250
.00076
.00663
.00271
.00041
.00018
.00333
.00108
.00127
.00038
.00249
.00070
.00554
.00138
.00523
.00082
.00302
.00013
.00039
.00633
.01200
.00318
.00414
.01213
.02814
.04374
.02713
1.00000
.04472 "i".O7371
.00099
.00638
.00047
.00303
.00198
.00416
.01158
.01669
.01068
.03354
.00039
.00314
.00197
.01183
.00212
.00745
.00053
00288
.00002
.00003
.00034
.00140
.00128
.00577
.00152
.02372

1.26218

1.48199

Hotels and
lodging
places

72A
0.00234
.00331
.00059
.00611
.00059
.00508
.01944
.00199
.05314
.00016
.00606
.00001
.00993
.00201
.00353
.01210
.00697
.00032
.01841
.00303
.00911
.01950
.01327
.00731
.00802
.00036
.00717
.00098
.01484
.02567
.00081
.01354
.00506
.00500
.00404
.00061
.00319
.00183
.00435
.00049
.00088
.00032
.00091
.00060
.00129
.00135
.00142
.00102
.00144
.00056
.00435
.00086
.00372
.00117
.00020
.00292
.00041
.00051
.00171
.00198
.00468
.00593
.01506
.00112
.00576
.00338
.02612
.00649
.03412
.02273
.00427
.03396
.00503
.06660
.00776
05920
1.00308
.01883
.00946
.03054
.08971
.00367
.00624
.02008
.00376
.00007
.00527
.01050
.01915

1.86045

May 1994

SURVEY OF CURRENT BUSINESS

•

8$

Total Requirements, 1987 Benchmark—Continued
engiPersonal Computer Legal,
neering,
and repair and data accounting,
services processing
related
(excauto) services and
services

Other
business and Adverprofessional
services, ex- tising
cept medical

Eating
and
drinking
places

Automotive
repair
and
services

74

75

Amusements

Educational Federal
Governand social
Health services,
and ment
services membership
enterorganizations prises

72B

73A

73B

73C

0.00213
.00268
.00054
.00120
.00101
.00364
.01400
.00145
.02522
.00014
.00702
.00001
.01086
.00179
.00690
.00551
.00562
.00029
.01831
.00375
.01142
.02442
.01782
.00104
.00979
.00054
.01464
.00100
.01302
.02688
.01301
.00152
.00679
.00701
.00832
.00072
.00203
.00335
.00777
.00042
.00064
.00023
.00127
.00073
.00133
.00224
.01082
.00340
.00270
.00989
.00169
.00167
.03097
.00169
.00021
.00287
.00056
.00028
.00193
.01061
.02379
,00420
.01419
.00112
.00768
.00221
.02654
.00875
.02328
.01331
.00152
.04670
.00394
.02643
.00700

0.00118
.00118
.00037
.00069
00076
.00169
.00677
.00063
.01379
.00016
.00424
.00001
.00135
00061
!00019
00021
.00360
.00017
.02112
.00225
.00697
.04562
.00920
.00059
.00611
.00013
.00081
.00053
.00812
.02526
.00020
.00106
.00153
.00419
.00675
.00034
.00148
.00191
.00459
.00033
.00037
.00015
.00079
.00068
.00090
.00118
.06736
.00040
.00423
.00011
.00121
.00274
.04109
.00826
.00013
.00197
.00090
.00021
.00299
.00195
.00151
.00310
.00918
.00057
.01408
.00220
.04044
.00441
.01033
.00385
.00061
.03636
.00241
.05260
.00521

0.00117
.00108
.00029
.00087
00035
.00116
.00662
.00048
.01318
.00022
.00407

0.00186 0.00194 0.07242 0.00127
.00157 .00224 .05198 .00140
.00038 .00105 .00816 .00042
.00095 .00166 .00875 .00089
00072 .00084 .00066 .00224
.00176 .00272 .00390 .00329
.00901
.00973 .00940 .02749
.00088 .00144 .00132 .00129
.01680 .01843 .02227 .02198
.00112 .00014 .00011
.00019
.00618 .00625 .27883 .00447
.00003 .00001
O
.00118 .00295 .00133 .00196
.00050 .00109
00079 .00085
.00067 .00052 .00020 .00189
.00031
.00054
00043 .00060
.00331
.01237 .00489 .00439
.00015 .00017 .00015 .00034
.01427 .10644 .02042 .01023
.00198 .00397 .01148 .00316
.00680 .31207 .01156 .00875
.02305 .24215 .01539 .01119
.01149 .02341 .01004 .01308
.00225 .00141
.00500 .00073
.00428 .00746 .00470 .00677
.00050 .00021
.00137 .00014
.00419 .00150 .00161
.00113
.00127 .00106 .00066 .00734
.01049 .01091
.00927 .03702
.01455 .01596 .01613 .02020
.00023 .00033 .00056 .00034
.00192 .00096 .00584 .00835
.00211
.00216
00233 .00409
.00602 .00407 .00533 .02897
.00543 .00626 .00551
.01588
.00156 .00082 .00798 .00080
.00166 .00145 .00156 .00400
.00256 .00154 .00176 .03101
.00456 .00428 .00360 .04107
.00106 .00033 .00040 .00280
.00348 .00049 .00114 .00103
.00141
.00019 .00021
.00031
.00349 .00092 .00077 .00311
.00181
.00222 .00074 .00069
.00473 .00107 .00159 .00432
.00260 .00151
.00157 .01520
.00537 .00205 .00071
.00126
.00166 .00078 .00059 .00719
.00430 .00158 .00092 .00404
.00028 .00018 .00016 .00039
.00168 .00110 .00118 .00666
.00132 .00130 .00041
.00201
.02072 .01168 .00190 .00429
.00394 .00182 .00103 .00681
.00022 .00015
00013
00499
.00265 .00224 .00168 .08122
.00134 .00083
00033
00086
.00154 .00044 .00050 .00069
.00170 .00199 .00059 .00152
.00665 .00741
.00100 .00161
.00270 .02035 .00275 .00208
.00361
.00609 .00664 .00553
.00966 .01585 .02261
.01767
.00116 .00107 .00154 .00197
.01971
.01393 .00478 .00836
.00289 .00270 .00216 .00415
.02643 .02685 .01180 .01878
.00483 .26210 .00942 .00682
.01055 .01330 .02614 .01737
.00548 .00623 .00783 .01116
.00127 .00137 .00096
.00061
.03041
.03576 .07873 .06479
.00322 .00295 .00268 .03979
.02370 .01903 .02307 .05079
.00884 .00615 .00692 .02972

0.00737 0.00419
.00733 .00355
.00085 .00047
.01027 .00154
00052 .00065
.00303 .00221
.00888 .01051
.00102 .00134
.03171
.01946
.00014 .00040
.01811
.01500

0
.00403
00083
.00298
00169
.00891
.00031
.01366
.00190
.01605
.02253
.00986
.00261
.00400
.00021
.00112
.00073
.00843
.01157
.00125
.00106
.00252
.00390
.00391
.00077
.00206
.00182
.00361
.00044
.00076
.00024
.00096
.00049
.00107
.00122
.00151
.00157
.00114
.00028
.00202
.00111
.00374
.00153
.00018
.00196
.00051
.00194
.00090
.00437
.00477
.00394
.01027
.00134
.00811
.00182
.02032
.01273
.02068
.00804
.00127
.02422
.00328
.02338
.00694

.08081
.00436
1.02349
.01324
.05674
.06010
.00495
.01214
.02015
.00462
.00005
.01581
.00942
.01028

.05173
.00385
.00239
1.06210
.01765
.04796
.00250
.01250
.01319
.00268
.00004
.00737
.00816
.00472

.07294
.02110
.00516
.05986
1.10292
.11806
.00155
.01156
.02202
.00258
.00008
.00745
.01162
.00543

.04672
.00704
.00316
.03665
.03342
1.08100
.00273
.01584
.01806
.00341
.00062
.00772
.01033
.00513

.08723
.00624
.00837
.01285
.04750
.08663
.00721
.01368
.01362
1.24788
.00011
.00793
.01134
.01548

O
.00088
00033
.00027
.00040
.00276
.00011
.01226
.00139
.00409
.01835
.00487
.00069
.00233
.00012
.00110
.00050
.00841
.00741
.00042
.00115
.00127
.00280
.00272
.00035
.00101
.00138
.00306
.00029
.00053
.00021
.00070
.00042
.00093
.00122
.00622
.00052
.00113
.00014
.00118
00083
.00600
.00315
.00021
.00338
.00085
.00026
.00110
.00563
.00330
.00236
.00650
.00059
.01477
.00217
.02485
.00274
.00719
.00326
.00083
.02001
.00332
.02177
.00708

73D

.05366
.00612
.00611
.01000
.02947
.13595
.14642
.01267
.01538
.10673
.00004
.00861
.01000
.00758

.06570
.00246
.00446
.00583
.02108
.04147
.00533
1.00043
.00871
.01019
.00065
.00286
.01387
.00927

.06041
.00361
.01605
.00731
.01987
.05514
.00386
.01250
1.02255
.00355
.00004
.00322
.00893
.01522

76

77A

77B

78

State and
Nonlocal government comparable
enterimports
prises
79

0.00122
.00154
.00023
.00045
.00030
.00151
.00940
.00036
.01055
.00012
.00436

0.00135
.00236
.00177
.00467
.00173
.01148
.04562
.00628
.31153
.00018
.00321

0
.00290
.00096
.00161
00233
.00351
.00017
.01339
.00281
.00417
.01433
.03008
.00149
.00792
.02120
.00377
.00067
.00991
.02914
.00021
.00366
.00284
.00381
.00324
.00089
.00150
.00225
.00351
.00026
.00045
.00016
.00068
.00052
.00083
.00097
.00196
.00051
.00116
.00017
.00169
.00078
.00460
.00170
00015
.00204
.00061
.00020
.02005
.00297
.00165
.00326
.00923
.00085
.00587
.00165
.01570
.00268
.01372
.00917
.00078
.03568
.00281
.01359
.00940

0.00852
.00684
.00114
.00521
.00070
00305
.01550
.00166
.06450
.00020
.02909
.00001
.00287
.00093
.00223
.00085
.01059
.00027
.03479
.00378
.01607
.07941
.01263
.00226
.00530
.00118
.00228
.00130
.01662
.01490
.00050
.00312
.00462
.00601
.00508
.00114
.00380
.00279
.00578
.00037
.00072
.00030
.00089
.00082
.00119
.00138
.00243
.00113
.00142
.00036
.00287
.00156
.00494
.00207
00021
.00294
.00123
.00036
.00182
.00489
.00677
.00492
.01611
.00114
.02179
.00377
.02244
.00646
.01884
.01182
.00135
.03946
.00505
.02931
.01350

O
.00211
00052
.00020
00223
.00159
.00007
.00514
.00122
.00178
.01234
.00321
.00033
.00161
.00009
.00114
.00038
.01280
.00380
.00058
.00056
.00099
.00300
.00231
.00024
.00092
.00194
.00227
.00031
.00027
.00020
.00049
.00019
.00090
.00124
.00046
.00081
.00073
.00010
.00127
.00028
.00108
.00106
00062
.01023
00155
.00055
.00042
.00062
.00195
.01134
.05780
.00234
.02934
.00587
.00693
.00109
.00981
.00362
.00069
01354
.00329
.00580
.00466

.00157
00133
.00101
.00044
.02567
.00084
.00821
.00212
.00393
.00801
03530
.00445
.00538
.00026
.00166
.00324
.03038
.01048
.00018
.00204
.02239
.01640
.01128
.00065
.01688
.00289
.00929
.00111
.00617
.00100
.00162
.00055
.00299
.01019
.00130
.00408
.00330
.00189
.00601
.00145
.00271
.00287
.00022
.00282
.00056
.00107
.00178
.00141
.00215
.00727
.01885
.00368
.00630
.00362
.01471
.00296
.08048
.06088
.01793
04489
.01415
.02514
.02119

.08167
.00309
.00429
.01898
.01567
.04410
.00152
.00936
.01469
.00185
1.02045
.00345
.00842
.00640

.13247
.00978
.00472
.01620
.02991
.05838
.00479
.01347
.01612
.01198
.00011
1.00407
.01845
.01046

.02408
.00130
.00117
.00321
.00501
.01953
.00062
.00420
.02014
.00100
.00002
.00093
1.00372
.00566

.03600
.00429
.00223
.01131
.07536
.04276
.00167
.00703
.01314
.00185
.00004
.00305
.00876
1.00352

80

Scrap,
used and
secondhand
goods

General
government
industry

81

82

Rest-of-theworid
House- Inventory
adjustment
hold
valuation
to final
industry adjustment
uses

83

84

85

...................
„.„

.„...,„

............... .„„...,

,

170786




nil

174798

T96660 "i"63403

1.94709

"TSSw

8

9+10
11+12
13
14
15
16
17
18
19
20+21
22+23
24

31
32
33+34
35
36
37
38
39
40
41
42
43
44+45
46
47
48
49
50
51
52

53

54
55
56
57
58
59A
59B
60
61
62
63
64

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

71A
/In

*

71B

72A
72B
73A
73B
7X
73D
74
75
76
77A
77B
78
79
82
1 00000

"183713 "£02599 T9944O

1
2
3
4
5+6

25
26A
26B
27A
27B
28
29A
29B
30

100000
....„._

Industry number

|

of delivery to final demand, at producers' prices]

100000

1.00000

100000
1.00000

83
84
85

86 • May 1994

SURVEY OF CURRENT BUSINESS

Text continues from page 63.

put multiplier is 2.14598 (the sum of all the entries in the
column). The total dollar change in all commodity output
that is required for an additional $1,000,000 of household appliances delivered to final users is $2,145,980 ($1,000,000 X
2.14598).

The industry-by-commodity total requirements table
The industry-by-commodity total requirements table (table 5)
shows the input requirements coefficients for the output from
each industry that is directly and indirectly required to deliver a
dollar of a commodity to final users. The head of each column
names the commodity delivered to final users, and each row
shows the total production that is required from an industry.
The coefficients in this table are referred to as "industry-bycommodity total requirements coefficients." The table is also
derived from both the make and use tables.5
The calculations made using this table are similar to those
for the commodity-by-commodity total requirements table. For
example, to provide final users with an additional $1 million of
household appliances, the household appliances industry (row
54) is required to produce $955,360 ($1,000,000 X 0.95536) of
industry output; the paperboard containers and boxes industry
(row 25) is required to produce $24,810 ($1,000,000 X 0.02481)
of industry output, the plastics and synthetic materials industry
(row 28) is required to produce $36,130 ($1,000,000 X 0.03613)
of industry output, and so on.
5. See footnote 4.




The total at the bottom of each column in table 5 is the sum
of all the changes in industry outputs that are required to deliver
a dollar of a commodity to final users. Because each total change
is a dollar multiple of the initial dollar spent for the output of
the given industry, the total change in output is often called the
total industry output multiplier.
The total industry output multipliers can be used to estimate
the impact of changes in the final uses of commodities on total
industry output. For example, the total industry output multiplier for the household appliances commodity (column 54) is
2.13254 (the sum of all the entries in the column). The total dollar change in the output of all industries that is required for an
additional $1,000,000 of household appliances delivered to final
uses is $2,132,540 ($1,000,000 X 2.13254).

Total multipliers
The total multipliers in tables 4 and 5 are similar but not identical. The main reason for the difference is that the commodity
multiplier includes "noncomparable imports," which by definition do not have a domestic-industry counterpart and are
not included in the column total industry multiplier in the
commodity-by-industry total requirements table.
When using the two total requirements tables, one should
be aware that the amount of output required to deliver a dollar of commodity to final users includes both imported and
domestically supplied commodities. However, both the total
commodity output multiplier and the total industry output multiplier represent the output required as if all of the commodity
were domestically supplied. Therefore, if a portion of the commodity is imported, the impact on domestic output would be
lower than that implied by the multiplier. £3

May 1994

C-l

SURVEY OF CURRENT BUSINESS

BUSINESS

CYCLE

INDICATORS

Series originating in Government agencies are not copyrighted and may be reprinted freely. Series from private sources
are provided through the courtesy of the compilers and are subject to their copyrights.
Current and historical data for the series shown in the C-pages are available on diskettes, printouts, and the Commerce
Department's Economic Bulletin Board For more information, contact the Business Cycle Indicators Branch, Business
Outlook Division (BE-52), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230. (Telephone:
(202) 606-5366; fax: (202) 606-5313.)
NOTE.—This section of the SURVEY is prepared by the Business Cycle Indicators Branch.
Series

no.

Ytar

1994

1903

Series title and timing classification
1903

Mar.

May

Apr.

June | July

j Aug. | Sept | Oct. ] Nov. |

Dec.

Jan.

Fab.

Mar. |

Apr.

1012

"101.2

.7

"0

1. COMPOSITE INDEXES
The Leading Index
910 •

Composite index of leading indicators, 1987-100 (L.L.L) ....

•

Percent change over 3-month span, AR
Leading index components:
Average weekly hours mfg. (L.L.L)
Average weekly initial daims1 for unemployment
insurance, thous. ( L C D * .
Mfrs.' new orders, consumer goods and materials,
bil. 1987$ (l_l_L).
Vendor performance, slower deliveries diffusion index,
narrant / I 1 \\*
percent (L,L,LJ.
Contracts and orders for plant and equipment, bil. 1987$
Index of new private housing units authorized by local

5*
8*
32*
20*
29*
92 •

99*
19 •
106 •
83 •

950

Duiuing permits, l y o r - i u u (L,L,LJ§.
Change in mfrs.' unfilled orders, durable goods, bil.
1QA74
emrwtthAri l\
i \\ +
isKjfip, smooineo
(L,L,L/7<
Chanae in sensitive materials prices, percent, smoothed
(L,L,L) t Index of stock prices, 500 common stocks, 194143-10,
fcJG A (L.L.L)
i\ i 1 \*
N5A
.
Money supply M2, bii. 1987$ (L.L.L)
Index of consumer expectations, U. of Michigan,
1966:1-100. NSA(L,L,L)© 2 .
Diffusion index of 11 leading indicator components:
Percent risino over 1-month soan
Percent rising over 6-month span

97.9

98.4

98.6

99.1

99.5

1002

100.5

0

-2
1.2

.5
2.1

2
5.0

.5
4.5

4
6.7

.7
5.8

4.1

4.1

"2.8

412
383

41.4

41.4

41.5

41.6

41.7

41.7

41.8

371

370

354

336

318

360

412
338

422
327

"42.2

399

106.58

105.35

106.55

109.03

111.43

112.55

'114.64

116.20

'115.68

'118.06

"117.38

98.4

,1
1.4

-2.0

-4.0

-12

-2.0

412
375

41.5

41.4

365

374

387

1,304.71

107.23

106.72

105.54

41.4

_7

98.4

98.1

98.7

o

98.1

-.3

.3

100.5

o

344

51.6

52.5

53.1

51.7

502

50.0

51.3

50.9

50.7

50.7

51.7

55.0

56.8

55.1

57.6

435.66

34.41

'34.78

33.96

37.86

34.67

36.38

35.64

37.71

40.53

'40.03

41.30

'41.38

'42.72

"4127

96.3

'83.4

'88.3

'88.8

'89.5

'93.2

'98.4

'100.9

'103.5

'108.7

'117.5

'104.6

'99.8

'104.7

110.0

-2.87

-2.18

-2.42

-2.97

-3.35

-3.30

-3.15

-323

-3.10

-2.92

-2.89

-2.21

'-1.68

'-1.37

"-.98

-.26

-.18

-.30

-.40

-.43

-.43

-.48

-.50

-.32

-.05

'.26

'.50

.80

1.06

1.17

451.41

450.16

443.08

44525

448.06

447.29

454.13

45924

463.90

462.89

465.95

472.99

471.58

463.81

447.23

2.774.0
72.8

2,769.3
75.8

2,763.0
76.4

2,775.3
68.5

2,778.5
70.4

2,778.0
64.7

2,773.1
65.8

2,777.1
66.8

2,769.6
72.5

2,769.6
70.3

2,768.5
78.8

'2,773.1
86.4

'2,763.3
83.5

'2,766.0
85.1

"2,768.5
82.6

56.1
64.4

9.1

54.5
31.8

36.4
36.4

54.5
63.6

40.9
63.6

77.3
81.8

682

81.8

81.8
"86.4

"50.0

90.9

81.8
90.9

81.8

90.9

72.7
81.8

45.5

22.7

109.1
.1
2.5

108.1
2
3.8

108.6
.5
3.4

108.8
2
3.0

108.9
.1
,7

108.8
-.1
22

109.4
.6
2.6

109.6
2
4.5

110.0
.4
4.1

110.5
.5
5.6

111.1
.5
2.9

110.8
-.3
'4.4

'111.7
'.8
'4.4

'112.3

110.178
3.519.7

109,565
3,471.1

109,820
3,517.7

110,058
3,524.3

110,101
3,511.7

110,338
3,499.1

110,305
3,542.3

110,502
3,5442

110,664
3,559.7

110,880
3,5782

111,110
3,597.4

110.9
110.0
110.5
6,197,442 '509,075 '507,607

110.0
510,535

110.4
514,723

110.9
510,834

111.1
518,086

111.3
520,538

111.9
523,160

112.8
528,675

114.0
534,561

The Coincident Index
920 •

41 •
51 •
47 •

57*
951

Composite index of coincident indicators, 1987-100 (C,C,C)
Percent change from previous month
Percent change over 3-month span, AR
Coincident index components:
Employees on nonagriculturai payrolls, thous. (C,C,C) ....
Personai income less transfer payments, bil. 1987$, AR
(C.C.C).
Index of industrial production, 1987-100 (C.C.C)
Manufacturing and trade sales, mil. 1987$ (C,C,C)
Diffusion index of 4 coincident indicator components:
Percent rising over 1-month span
Percent rising over 6-month span

802
97.9

62.5
75.0

75.0
100.0

75.0
100.0

62.5
100.0

50.0
100.0

87.5
100.0

100.0
100.0

100.0
100.0

100.0
100.0

100.0
100.0

Composite index of lagging indicators, 1987-100 (Lg.Lg.Lg)
Percent change from previous month
Percent change over 3-month span, AR

96.4
.1
0

96.4
-2
-.8

96.4
0
-12

96.3
-.1
-.4

96.3
0
1.3

96.7
.4
.4

96.4
-.3
1.3

96.6
2
-12

96.4
-2
-.8

96.2
-2
-1.6

Lagging index components:
Average duration of unemployment, weeks (Lg.Lg.Lg) 5 $
Ratio, mfa. and trade inventories to sales in 1987$

18.1
1.56

17.7
'1.58

17.7
1.58

17.8
1.58

17.8
1.56

17.9
1.58

18.3
1.56

16.4
1.56

18.4
1.56

Change in labor cost per unit of output, mfg., percent,

-2.5

-3.9

-4.0

-3.3

-2.9

-2.5

-1.8

-.8

6.00

6.00

6.00

6.00

6.00

6.00

6.00

6.00

371,343

363,441

365,115

368,471

370,002

375,158

376,605

376,574

14.13

14.18

14.02

13.94

14.00

14.12

14.04

3.8

3.9

4.0

4.1

4.1

4.0

3.9

49.4
43.5

35.7
57,1

71.4
50.0

50.0
50.0

571

643

286

500

286

286

429

35.7

50.0

50.0

50.0

'35.7

'28.6

'28.6

113.2

112.1

112.7

113.0

113.1

112.5

113.5

113.5

114.1

114.9

115.5

111,079 '111,357
'3,562.6 '3,618.4
'114.6
'532,496

3

3

112.5
3

2

6^3

'111,821 "112,088
'3,6312 "3,638.3

'115.7
'115.1
'538,537 "544,949

3

37.5
100.0

100.0

96.2
0
.4

96.5
.3
-.4

96.1
-.4
'-1.2

18.9
1.54

18.2
1.52

18.3
1.52

18.7
'1.51

19.2
"1.49

19.1

-.9

-1.6

-2.5

'-2.6

'-1.8

'-2.1

"-2.9

6.00

6.00

6.00

6.00

6.00

6.06

6.45

373,963

374,072

-373,476

14.13

14.16

14.20

1424

14.46

'14.30

"14.35

3.7

3.6

3.5

3.5

3.1

3.2

3.6

'429
30.0

'35.7

'42.9

114.8

'1162

'117.1

3

100.0

"116.0

100.0

The Lagging Index
930*

77 •

62*

'95.9
'-2
-1.6

4

96.1
4
2

4

A D smAAthari f l n l n l M ' f
A n , SmOOuieO (Ly,Ly,Lgj T>

109*
101 •

95*
120 •

952

940*

Average prime rate charged by banks, percent, NSA
Commercial and industrial loans outstanding, mil. 1987$
n
n 1 n 1 n\
(Lg.Lg.Lg).
Ratio, consumer installment credit outstanding to
personal income, percent (Lg.Lg.Lg).
Change in Consumer Price Index for services, percent,
AR, smoothed (Lg.Lg.Lg) f .
Diffusion index of 7 lagging indicator components:
Percent risino. over 1-month soan
Percent rising over 6-month span
. . . . .
Ratio, coincident index to lagging index, 1987-100 (L.L.L) .

NOTE.—The following current high values were reached before March 1993: May 1991—BCM06 (2,865.8); August
1991-BCI-92 smoothed (-0.83); December 1991-BCI-62 smoothed (3.0) and BCI-77 (1.65); January 1992-6CI120 smoothed (42); and December 1992—BCI-61 (3,689.9) and BCI-83 (89.5).
See page C-6 for other footnotes.




"377,808 '373,933

'371,521 "370,933

3.6
4

50.0

4

"117.1

C-2
Series

no.

•

SURVEY OF CURRENT BUSINESS

May 1994
Year

1904

1903

oenes une ana aming ciassmCBuon
1993

Mir.

| Apr.

|

May |

June

|

July

|

Aug. |

Sept

Oct.

Nov.

•»

Jan.

|

Feb. | Mar.

| Apr.

2. LABOR FORCE, EMPLOYMENT, AND UNEMPLOYMENT
441
442
451
452
453
1 •
21 •
5*

46*
60
48*
42
41 •
963

40 •
90 •

37
43 •
45
91 •
44

Labor force:
Civilian labor force, thous. !
Civilian employment, thous. l
Civilian labor force participation rates (percent):
Males 20 years and over !
Females 20 years and over 1
Both sexes 16-19 years of age 1
Marginal employment adjustments:
Average weekly hours, mfg. (L.L.L)
Average weekly overtime hours, mfg. (L.C.L)
Average weekly initial claims for unemployment
insurance, thous. (L,C,L) 2 *.
Job vacancies:
Index of help-wanted advertising, 1967-100 (L,Lg,U) ......
Ratio, help-wanted advertising to unemployed (Ug.U) 1
Employment:
Employee hours in nonagricultural establishments,
bil. hours, AR(U,C,C).
Persons engaged in nonagricultural activities, thous.
(U.C.C)*.
Employees on nonagricultural payrolls, thous. (C,C,C) ....
Diffusion index of employees on private nonagricultural
payrolls, 356 industries:
Percent rising over 1-month span
Percent rising over 6-month span
Employees in goods-producing industries, thous. (L.C.U)
Ratio, civilian employment to population of working age,
Dercent (U La U)
Unemployment
Number of persons unemployed, thous. (L,Lg,U)x %
Civilian unemployment rate, percent (L,Lg,U)1X
Average weekly insured unemployment rate, percent
Average duration of unemployment, weeks (Lg,Lg,Lg)11
Unemployment rate, 15 weeks and over, percent
(Lg.Lg.Lg) 1 *.

128,040
119,306

127,440
118,562

127,539
118,585

128,075
119,180

128,056
119,187

128,102
119,370

128,334
119,692

128,108
119,568

128,580
119,941

128,662
120,332

128,898
120,661

130,667
121,971

130,776
122258

130,560
122,037

130,747
122,338

76.9
58.4
51.5

76.9
582
51.5

76.9
582
51.8

77.1
58.4
52.5

77.0
56.5
51.5

77.0
58.4
51.8

77.0
58.5
51.6

76.7
58.4
512

77.0
58.6
51.1

76.8
58.7
512

76.8
58.9
50.9

77.0
59.3
53.3

76.9
59.5
52.4

76.8
59.3
52.3

76.7
59.2
54.0

41.4
4.1
365

412
4.0
375

41.5
42
374

41.4
4.1
387

412
4.0
383

41.4
4.0
399

41.4
4.1
371

41.5
4.1
370

41.6
4.3
354

41.7
4.3
336

41.7
4.4
318

41.8
4.4
360

412
4.6
338

422
4.8
327

"42.2
"4.8
344

100
.343

96
.322

'95
'.316

100
.334

97
.325

101
.344

103
.355

101
.352

106
.365

107
.382

110
.397

105
.359

115
.402

117
.407

"116
".410

203.97

202.33

202.78

20528

203.57

204.05

204.76

204.06

205.26

205.16

205.91

207.65

-20429

-207.67

"208.15

116232

115.463

115,514

116,106

116,156

116,327

116,687

116,475

116,920

117218

117,565

118,639

118,867

118,611

118,880

110,178

109,565

109,820

110,058

110,101

110,338

110,305

110,502

110,664

110,880

111,110

111,079 -111,357 -111,821 "112,088

54.7
57.1
22,975
61.6

51.0
58.3
23,016
61.4

53.8
57.7
22,980
61.4

56.9
49.7
23,006
61.7

46.5
51.1
22,941
61.6

57.9
52.9
22,948
61.6

44.4
55.9
22,903
61.8

572
58.7
22,886
61.6

53.9
57.0
22,934
61.8

61.0
-62.1
22,994
61.9

56.0
'"63.5
23.008
62.0

-"61.7
55.8
'58.3
"58.3
"67.3
23,024 '"-23,032 "''23,125 ""23,189
«2.3
622
622
62.3

8,734
6.8
2.6

8,878
7.0
2.5

8,954
7.0
2.6

8,895
6.9
2.6

8,869
6.9
2.7

8,732
6.6
2.7

8,642
6.7
2.6

8,540
6.7
2.6

8,639
6.7
2.6

8,330
6.5
2.6

8,237
6.4
2.5

8,696
6.7
2.5

8,518
6.5
2.6

8,543
6.5
2.6

8,408
6.4
2.5

18.1
2.4

17.7
2.4

17.7
2.3

17.8
2.4

17.8
2.4

17.9
2.3

18.3
2.3

18.4
2.4

18.4
2.4

18.9
2.3

182
2.2

18.3
2.3

18.7
2.4

192
2.4

19.1
2.3

. . .

5,225.6
7.0
5223.7
2,130.9

MM

5,138.3
2.9
5,145.8
2,074.9

u

MM

5,102.1
1.9
5,104.1
2,069.1

110.9
114.3
108.6
106.8

110.0
112.5
1082
108.9

113.5
108.7
108.6

110.0
113.2
108.5
107.8

113.0
106.9
108.1

110.9
113.7
109.1
106.9

111.1
113.9
1092
108.6

115.0
106.5
108.5

111.9
116.2
108.8
1092

112.8
118.0
109.1
109.7

81.5
80.6

812
80.1

81.4
80.6

81.0
802

81.1
80.1

81.3
80.3

81.4
80.3

81.4
80.4

81.7
80.8

MM I

124
82*

Industrial production indexes, 1987-100:
Total ( c C C )
Durable manufactures (C,C,C)
Nondurable manufactures (C,L,l)
Consumer goods (C.UC)
Capacity utilization rates (percent):
Total industry (LC Lfi . .
Manufacturing (L.C.U)

5,136.0
3.0
5,138.6
2,083.8

-5,284.1
-3.0
"52644
-2,163.8

MM

47 •
73*
74 •
75 •

(toss domestic product, bil. 1987$, AR (C.C.C)
Percent change from previous quarter, AR
Gross national product, bil. 1987$, AR (C,C,C)
Value of domestic goods output, bil. 1987$, AR (C.C.C)

MM

55*
50
49

MM

3. OUTPUT, PRODUCTION, AND CAPACITY UTILIZATION

120.1
109.7
110.1

-114.6
120.4
109.6
-110.9

-115.1
-1212
110.1
-111.9

-115.7
-122.0
-111.1
-112.1

"116.0
"122.5
"111.5
"112.0

822
81.5

82.9
82.3

-832
822

83.4
82.5

83.6
-82.9

"83.6
"83.0

4. SALES, ORDERS, AND DELIVERIES
57*
59*
7*
8*

92*
32*

Sales:
Manufacturing and trade sales, mil. 1987$ (CCC)
Sales of retail stores, mil. 1987$ (U.L.U)
Orders and deliveries:
Mfrs.; new orders, durable goods, bil. 1967$ (L.L.L)
Mfrs.' new orders, consumer goods and materials,
bil. 1987$ (L.L.L).
Mfrs.' unfilled orders, durable goods, mil. 1987$0
Change from previous month, bil. 1967$
Chanoe from previous month, bil. 1987$, smoothed
Vendor performance, slower deliveries diffusion index,
percent ( L , U ) \

6,197,442 '509,075 -507,607
1,757,953 -141,415 -143,868

510.535
144,933

514,723
145,871

510334
146,477

518,086
147.360

520,538
147,695

523,160
149,968

528,675
150,802

534,561
152,695

' 532,496 '538,537 "544,949
150,626 '153,163 '155,462 "154"034

1,381.61
1,304.71

112.96
10723

112.61
106.72

109.77
105.54

114.50
106.58

111.08
105.35

113.68
106.55

115.01
109.03

117.87
111.43

120.10
112.55

12220
-114.64

362,630
-2.88
-2.87

390,926
-5.96
-2.18

387,356
-3.57
-2.42

381.879
-5.48
-2.97

378,466
-3.41
-3.35

377,172
-129
-3.30

374.775
-2.40
-3.15

370,372
-4.40
-323

368,404
-1.97
-3.10

366,140
-226
-2.92

362,630
-3.51
-2.89

51.6

52.5

53.1

51.7

502

50.0

51.3

50.9

50.7

50.7

51.7

55.0

58.8

55.1

123.5
61,739

'125.3
61,873

'1252
"61,978

'125.7

"127.3

126.96
116.20

-124.58
'115.68

-12529
'11*06

"125.36
"117.38

364,684 -363,422 '361.805 "361,900
2.05
--126
'-1.62
".10
'-1.37
-221
--1.68
"-.98
57.6

5. FIXED CAPITAL INVESTMENT
12*
13 •
10
20*
27*
9*

.61
100 •
69*

Formation of business enterprises:
Index of net business formation, 1967-100 (L.L.L)
Number of new business incorporations (L.L.L)

121.1
707,477

122.0
61,002

121.0
59,648

117.6
51,765

120.8
60,422

120.7
58,387

121.1
58209

122.3
63,758

1192
55294

428.10

34.04

-34.63

3325

38.15

33.77

35.63

34.94

36.56

38.78

38.84

40.91

'40.72

'41.15

"39.43

435.66

34.41

-34.78

33.96

37.86

34.67

36.38

35.84

37.71

40.53

'40.03

41.30

'41.38

'42.72

"4127

Mfrs.' new orders, nondefense capital goods, bil. 1967$

394.49

30.13

31.18

31.08

34.11

31.47

3324

32.44

34.49

37.19

'36.81

37.68

'37.72

'38.52

"38.25

Construction contracts awarded for commercial and
industrial buildings, mil. sq.ft.(L,C,U)©4.

535.60

4322

43.80

42.80

43.43

47.58

44.44

45.34

46.74

47.15

52.36

52.76

49.34

61.83

50.96

'504.72

"498.43

Business Investment commitments:
Contracts and orders for plant and equipment, bil.$
(LLL)
Contracts and orders for plant and equipment, bil. 1987$

Business investment expenditures:
New plant and equipment expenditures by business,
bil.$, AR (C,Lg,Lg)\
New plant and equipment expenditures by business,
bil. 1967$, AR(C.Lg,Lg)\
Mfrs.' machinery and equipment sales and business
construction expenditures, btl.$, AR (C,Lg,Lg).

585.64

579.79

594.11

555.70

546.97

56528

464.32

465.62

448.70

454.96

NOTE.-The following current high values were reached before March 1993: July 1991-BCI-92 change (6.72)
and August 1991-BCI-92 smoothed (-0.83).
See page C-6 for other footnotes.




462.72

442.00

468.37

..

464.07

469.92

604.51

-62128

576.82

•595.36

492.08

513.28

484.00

'492.11

<

SURVEY OF CURRENT BUSINESS

Year

Series

May 1994

• C-3

1994

1993

oenes une ana uming aassincauon

no.

Mar.

1993

Apr.

_

May

|

July

June

|

Aug. |

| Nov.

Oft

Sept

Dec.

| M«.

Fib.

Jan.

| Apr.

5. FIXED CAPITAL INVESTMENT-Contlnued
76 «

86*
87 •
88*
28*
29*
89*

Business investment expenditures—Continued
Index of industrial production, business equipment,
1987-100 (C.Lg.U).
Gross private nonresidential fixed investment bil. 1987$,
AR:
Total (C La C)
Structures (Lg,Lg,Lg)
Producers' durable equipment (C.Lg.C)
Residential construction and investment
New private housing units started, thous., AR (L.L.L) .....
Index of new private housing units authorized by local
building permits, 1967-100 (L,L,L)§.
Gross private residential fixed investment, bil. 1987$, AR

134.6

131.5

591.8
151.5
440.2
1,288
96.3

133.1

::::::::::

1,092
"83.4

1,232
"88.3

2142

133.5

133.9

134.6

134.8

584.3
151.1 : : : : : : : : : : : : : : : : : :
433.2

594.8
151.2
443.6

1,238
"89.5

1,319
"98.4

1,241
"88.8

1,245
"932

136.3

137.7

::::::::::::::::

1,359
"100.9

1,409
"103.5

212.1

2062

139.7

141.8

"142.9

625.7
155.6
470.0 : : : : : : : =
1,406
"108.7

1,612
"117.5

"145.1

"146.0

* 146.7

"1,492
"104.7

'1,455
110.0

"636.0
"147.1
"467.9
1271
"104.6

"1,328
"99.8
"231.4

2272

(L.L.L).

6. INVENTORIES AND INVENTORY INVESTMENT
70
77 4

Inventories on hand:
Mfg. and trade inventories, bil. 1987$ (Lg,Lg,Lg)O
Ratio, mfg. and trade inventories to sales in 1987$

30 4
31 •

Inventory investment
Change in business inventories, bil. 1987$, AR (L.L.L) .
Change in mfg. and trade inventories, bil.$, AR (L.L.L)

810.80
1.56

801.86
"1.58

803.31
1.58

804.68
1.58

805.35
1.56

806.10
1.58

806.64
1.56

809.45
1.56

809.90
1.55

812.33
1.54

810.80
1.52

"811.34
1.52

'814.32
"1.51

P 813.91
'1.49

"50.1

"37.0

13.0
24.9

6.8

1.9

6.5
23.7

22.9

14.7

8.5
55.3

-13.6

17.8

"19.1
"48.5

'-19.1

99.48

(Lg.Lg.lg).
14.3
23.8

7. PRICES

99*
98

23*

336
337
334
333
332

331

311

320
323

Sensitive commodity prices:
Index of sensitive materials prices, 1987-100
Percent change from previous month
Percent change from previous month, smoothed
(L.L,L)t.
Index of producer prices for sensitive crude and
intermediate materials, 1987-100 (L.L.L).
Cattle hides
Lumber and wood products
Wastepaper, news
Wastepaper, mixed, NSA
Wsstopopor. corruodtOQ ««««*•••••••••*••••••••••*••••••••• ••••
Iron and steel scrap
Copper base scrap
Aluminum base scrap
Other nonferrous scrap, n.e.c, NSA
Sand, gravel, and crushed stone
Raw cotton
Domestic apparel wool
Index of spot market prices, raw industrial materials,
1967-100, NSA (U.L.L)© 1 *.
Copper scrap, $ per lb.€>
Lead scrap $ per to ©
Steel scrap, $ per ton ©
Tin, $ per Ib., NSA©
Zinc, $ per Ib., NSA©
Burlap, $ per yd., NSA©
Cotton, $ perto.©
Print cloth $ per yd. NSA©
Wool tops, $ per fb., NSA©
Hides, % per to., NSA©
Rosin, $ per 100 to.©
Rubber $ per Ib ©
Tallow, $ per Ib. ©
Producer Price Indexes:
Finished ooods, 1982-100
• ©rcon* cftctftQQ ov8f i^fflofttn 3D€tn ••••••••••••••••**•••••**•••«•
Percent change over 6-month span, AR
Finished goods less foods and energy, 1982-100
Percent change over 1-month span
Percent change over 6-month span, AR
Finished consumer goods, 1982-100
Percent change over 1-month span
Percent change over 6-month span, AR
Capital equipment, 1982-100
Percent change over 1-month span
Percent change over 6-month span, AR
Intermediate materials, supplies, and components,
i(M9.inn
1 W e " i UU'
Percent change over 1-month span
Percent change over 6-month span, AR
Crude materials for further processing, 1982-100
Percent change over 1-month span
Percent change over 6-month span, AR
Fixed-weighted price index, gross domestic business
product, 1987-100.
Percent change from previous quarter, AR
Consumer Price Indexes for all urban consumers:
All items, 1982-84-100, NSA
Percent change over I^nonth span
Percent change over 6-month span, AR
All items less food and energy, 1982-84-100
r^3TC$ft% CMoftQQ OV0T i*flftOniM S08ft ••••••••••••••••••••••••••••••

120*

Percent change over 6-month span, AR
Services, 1982-84-100
Percent change from previous month, AR
Percent change from previous month, AR, smoothed
(Lg.Lg,Lg)tT

99.58
-.03

100.81
-.48
-.18

99.87
-.93
-.30

99.31
-.56
-.40

99.15
-.16
-.43

98.88

97.67
-.37
-.50

.94

"100.50
"1.03

102.92
1.65

-.32

-.06

"26

10125
".75
".50

.80

104.42
1.46
1.06

105.15

.90

-.43

98.03
-.86
-.48

98.55

-26
161.79

161.00

161.06

159.80

159.63

16026

159.54

'161.13

165.78

169.43

"172.15

173.90

172.55

173.03

169.88

180.4
174.1
100.6

177.0
174.6
110.1
97.5
149.0
157.8
151.6
129.7
125.0
132.6
94.7

175.6
175.1
104.0
107.5
143.3
158.0
131.5
125.1
113.3
132.8
88.3
53.5
257.8

176.8
172.0
104.0
107.4
140.6
170.4
135.4
126.6
113.3
133.3
84.7

181.1
170.7

181.7
186.6
87.8
73.8
136.4
202.7
128.5
131.3
106.6
136.5
114.8
56.7
268.8

176.4
181.7
94.5
72.0
153.7
2033
135.3
141.1
115.4
136.7
124.6

178.1
181.5
97.9

1812
177.0
99.4

255.6

1852
181.3
94.0
79.3
139.9
202.5
117.3
128.1
98.5
135.7
97.9
56.8
258.1

"182.6
"183.8
"91.1
"742
"1412
"207.4
"1232
"129.6
"102.4
"1362
104.3

257.1

185.9
174.4
93.5
80.4
138.9
1712
125.1
125.6
107.5
134.8
90.5
51.7
253.1

184.4
177.7

102.8
1402
179.1
133.8
130.6
115.0
133.7
85.5
53.4
2572

179.7
172.1
94.0
80.8
139.4
170.0
1302
127.5
113.5
133.8
85.7
54.9
255.5

.702
.143
104.412
3.703
.494

.693
.144
112.183
3.482
.467

.672
.140
119.654
3.395
.470

.654
.134
114.042
3294
.451

.611
.123
110.402
3.095
.445

.578
.118
127.351
3169
.459

.572
.123
138.940
3225
.466

124

128

131

130

140.435
3286
.492

139.625
3.324
.496

140201
3598
.483

260.4

266.9

173.0
177.1
112.5
101.5
147.5
154.6
142.3
123.5
118.4
133.1
89.4
53.5
261.5

.702
.139
115.553
3.494
.484

.812
.157
108.044
3.779
.496

.737
.146
105.069
3.738
.504

902
142.3
172.8
1362
129.3
113.8
134.0

922
565

572

552

972

942
802
139.0
190.7
119.0
128.7
100.7
136.3
95.9

531

581
263.7
.644

.696

.70
1.17

752

783

195.0
2003
136.6
148.7
119.8
136.9
121.4

194.4
195.3
136.9
150.1
120.9
137.5
120.4

632

693

802

2752

279.'1

280.9

.747
138.530
3621
.467

.744
.128
135.827
3630
.461

.717

247

245

245

245

245

245

240

241

247

256

265

269

273

275

275

.556
.677
3.339
.799
59238
.450
.147

.562
.652
3.160
.816
59.880

.540
.650
3.000
.814
59.880

.532
.655
3.050
.805
60.000

.502
.644
3.400
.774
60.000

.509
.640
3.400
.762
60.000

.513
.688
3.400
.792
59.940

.547
.700
3.400
.805
59.940

461

443

441

440

437

441

!i53

!i57

'.152

!i48

!i48

.146

J42

.571
.700
3.450
.815
59.118
.442
!i40

.607
.750
3.600
.808
56.112
.448
!i38

.644
.750
3.500
.798
56225
.446
!i43

.703
.750
3.500
.756
55.944
.448
.152

.753
.750
3.750
.746
55.944
.447
!i56

.726
.750
3.900
.788
55.944
.493
!i55

.724
.772
3.950
.845
55.888
.512
.145

124.7

125.1

125.7

125.7

125.1

124.3

125.3

0
2

2
1.9

.5
1.3

135.8

136.1

136.5

0

.1

.3
123.0

2.1
123.6

.3

1.6
124.3

0
-2

2
1.8

.6
1.0

131.4

131.0

131.3

125.1

124.1

0

-.5

0

-1.1
136.8

-1.3
136.4

-2.4
136.6

-.8
-22

2
-12
1242

-.3

.1

-1.3
123.5

-2.5
123.4

-.1

-.6

-1.9
131.3

-2.1
1312

-.1
-32
131.6

135.1
-1.1
-22
122.1
-1.1
-2.9
131.8

447

1242

124.3

1242

124.5

125.1

125.4

2

-.1

-.1
1.8

2
1.8

2

-.1

-1.0
134.8

.1
1.6

&

-1.4
1352

135.3

135.5

136.1

136.3

136.6

136.7

.1
-1.3
122.3

-3
-.7
122.3

2

0

-2.3
131.9

-1.8
131.4

.4

.1

.4

.1

2

.1

1.8
122.4

2.1
122.1

2.8
122.3

123.6

1232

123.0

.1
1.5

-2
1.5

2
1.1

.6

1313

"132.0

133.0

133."i

2
1.8

2
2.3

2
1.8

0
1.5

-.1
1.4

.3
2

2
.8

.1
"12

-.4
2.1

.3
2.0

"2
2.4

".8
4.0

1162

116.3

116.6

116.3

116.3

116.3

116.3

116.3

116.4

116.6

"116.3

116.4

.1

.3

.3

-.3

0

0

0

0

.1

2

-.3

".1

1.0
102.4

2.1
101.8

1.6
103.0

.7
1052

"0
101.5

2
103.7

1.0
103.4

12
-.4

2.1

-.7

.7

-1.6

-.6

1.4

-3.4

"-3.4

22
2.0

1.4
"101.8
"-1.5

12
102.5

2
3.8

-.3
101.5
-2.0

.5
100.8

0
.7

0
103.6
-1.5

124.6

3.0

124.4

III III

2.9

125.0

IIII IIII

1.9

III IIII

-.3
.8

5.0

".7
-.4

2

-2
134"6

.1

i£fi3

li'H

i'17.1

117.1

.4

.4

2

0

1612
-13

ioCj

103.5

2.8

-.5

1472
3

147.4

i532

125.7

"126.5

22

"2.8

144.5

143.6

144.0

1442

144.4

144.4

144.8

145.1

145.7

145.8

145.8

1462

146.7

2
2.6

2
2.6

2.7

.3

2
2.5

.1
22

.1
22

2.4

.3

.1
2.6

.3
2.4

.3
2.4

2
2.9

0
2.5

.3

1522

151.1

151.6

152.0

152.3

152.6

153.0

153.1

153.5

154.1

154.4

154.6

156.6

.1

.3
3.0

2
3.5

.3
32

.3
2.9

2
2.7

2
2.5

.3
2.8

.1
2.8

.3
2.6

.4
2.6

2
32

.1
3.0

.3

15&5
3

157.9

1562

156.8

157.3

157.8

1582

158.7

159.1

159.5

4.7
4.0

160.5

160.6

1613

3.8
3.8

4.7
3.9

160.0

3.9
4.1

3.9
4.1

3.1
4.0

3.9
3.9

3.1
3.7

3.1
3.6

3.8
3.5

3.8
3.5

3
3.1

5.4
32

"i62"6

5.3

iiS
22

3.6

3.6

NOTE.-The following current high values were reached before March 1993: July 1991-8CI-120 change (5.9);
December 1991—BCI-77 (1.65); January 1992—6CI-120 smoothed (42); March 1992-BCI-99 change (1.68); July
1992—BCI-23 (285.7); and 1st Q 1993-BCWO (293).
See page C-6 for other footnotes.




-27

C-4
Series
no.

•

<

SURVEY OF CURRENT BUSINESS

May 1994
Year

1904

1993

Series title and timing classification
Mar.

1993

| Apr.

|

May |

Junt

July

|

Aug. |

Sept

Oct

Nov.

|

Jan.

Dec.

Feb.

|

Mar. | Apr.

8. PROFITS AND CASH FLOW
16 4
18 •
22*
81 •
26*
35

Profits and profit margins:
Corporate profits after tax. bil.$, AR (L,L,L)
Corporate profits after tax. bil. 1987$, AR (L.L.L)
Ratio, corporate domestic profits after tax to corporate
domestic income, percent (L.L.L).
Ratio, corporate domestic profits after tax witti IVA and
CCAdj to corporate domestic income, percent(U,L,L).
Ratio, implicit price deflator to unit labor cost, all
persons, nonfarm business sector.1982-100 (L.L.L).
Corporate net cash flow, bil. 1987$. AR (L.L.L)

275.4
233.9

272.3
230.7

75

75

7.8

7.6

104.3

103.8

496.2

490.2

274.3
232.7
7.0

'284.9
"241.5
"7.4

295.9
252.8
7.8

7.9

'7.6
8.4

104.3

'104.3

106.3
4985

518.6

'520.0

9. WAGES, LABOR COSTS, AND PRODUCTIVITY
345
346
53*

63

62*

370

358

Wages and compensation:
Index of average hourly compensation, all employees,
nonfarm business sector, 1982-100.
Percent change from previous quarter, AR
Index of real average hourly compensation, all
employees, nonfarm business sector, 1982-100.
Percent change from previous quarter, AR
Wages and salaries in mining, mfg., and construction,
bil.1987$,AR(C,C,C).
Unit labor costs:
Index of unit labor cost, all persons, business sector,
1982-100 (Lg.Lg.Lg).
Index of labor cost per unit of output, mfg., 1987-100 ...
Percent change from previous month, AR
Percent change from previous month, AR, smoothed
(Lg.Lg.Lg)t.
Productivity.
Index of output per hour, all persons, business sector,
1982-100.
Percent change over 1-quarter span, AR
Index of output per hour, all persons, nonfarm business
sector, 1982-100.

158.7

1579

159.4

160.5

'162.5

3.6
106.0

17
105.6

3.9
106.1

2.8
106.1

'5.3
'106.9

.5
592.5

578.8

596.3

-14
596.0

137.3

137.4

109.3
-3.2
-4.0

109.4
1.1
-3.3

109.0
0
-1.8

136.8
109.1
-3.6
-2.5

109.6
0
-3.9

592.8

594.7

109.1
-3.2
-2.9

109.0
-1.1
-2.5

2.0
595.2

596.9

596.9

109.3
3.4
-.8

108.7
-€.4
-.9

_2
598.8

600.8

602.1

107.7
-5.4
-2.5

'107.8
r
1.1
'-2.6

'108.1
'3.4
--1.8

116.6

117.6

119.6

1.8

0

3.3
'2.7
115.8

'7.1

' 5

"117.6

'117.8

r
22
1147

'604.8

'107.4
'-7.5
'-2.1

'106.8
'-6.5
'-2.9

'119.8

117.6

115.7

'604.3

'137.7

'136.0
108.2
-5.4
-1.6

"31
'604.4

10. PERSONAL INCOME AND CONSUMER ATTITUDES
52
51 •

58
83*
122
123 •

Personal income:
Personal income, bil. 1987$, AR (C.C.C)
Personal income less transfer payments, bil. 1987$, AR
(C,C,C).
Indexes of consumer attitudes:
Consumer sentiment, U. of Michigan, 1966:1-100, NSA
Consumer expectations, U. of Michigan, 1966:1-100,
NSA(UL.L)O».
Consumer confidence, The Conference Board, 1985-100
(i i Hi
(L,L,L) .
Consumer expectations, The Conference Board,
1985-100 (LL,L)\

4,236.9
3.519.7

4,1815
3,471.1

82.8
72.8
65.9
77.4

4567.1
3.5445

4583.6
3,559.7

4,302.3
3,5785

4,327.7
3,597.4

'4,297.4
'3,562.6

'4.353.8
'3,618.4

77.3

77.9

82.7

815

885

94.3

93.2

91.5

92.6

65.8

66.8

72.5

70.3

78.8

86.4

83.5

85.1

82.6

63.8

60.5

71.9

79.8

82.6

79.9

86.7

92.1

72.8

66.7

80.3

92.6

84.4

92.6

95.4

.'I!!.!!!.!!..!

817.8
824.1
193.4
-199.7
4.0

».»

.81
.31
874.1
2,769.6

.53
.19
876.8
2,768.5

45285
3,517.7

4,236.5
3,524.3

4,227.9
3,511.7

4517.8
3,499.1

85.9

85.6

80.3

81.5

77.0

75.8

76.4

68.5

70.4

64.7

63.2

67.6

61.9

58.6

595

59.3

77.3

81.1

73.1

69.6

4564.0
3,542.3

66.8

66.8

ZZZ! ZZZ!

774.3
809.0
179.7
-214.4
3.8

91.8

'4,364.9 '4,3745
'3,6315 '3,638.3

11. SAVING
290
295
292
298*
293 •

Gross saving bil.$ AR . . .
Business saving, bil.$, AR
Personal saving bil J , AR
Government surplus or deficit, bil.$, AR
Personal saving rate, percent

.

.

102 •
105
106 •

Money:
Percent change in money supply M1 (L.L.L)*
Percent change in money supply M2 (UC.U)
Money supply M1, bil. 1 9 8 7 $ T U )
Money supply M2, bil. 1987$ (L.L.L)

766.7
779.6
208.7
-221.5
4.4

7805
794.9
189.9
-224.6
4.0

"858.4
'853.1
'171.8
'-166.5
'3.5

12. MONEY, CREDIT, INTEREST RATES, AND STOCK PRICES

107
108
93
94

Velocity of money:
Ratio, gross domestic product to money suppy M1
(C.C.C).
Ratio, personal income to money supply M2 (C,Lg,C) ....
Bank reserves:
Free reserves, mil.$, NSA (L.U.U)*
Member bank borrowings from the Federal Reserve,

.81
.13
848.9
2.774.0

.46
.02
8245
2,769.3

.66
.09
827.1
2,763.0

1.528

1.513

1.534

901
180

1,122
91

2.15
48.99

-72.79
34.84

1.97
.68
841.4
2,775.3

.89
52
866.1
2,777.1

.75
.04
869.8
2,769.6

1.536

1.535

1.545

1.550

1.557

1.541

'1.571

1.573

'1.576

845
244

600
352

662
428

804
285

1,012
89

981
82

1,375
73

1,070
70

912
55

'1,026
'124

58.39
60.44

2.05
60.47

-.43
72.84

-22.73
84.56

-2.98
8358

'-21.72
90.25

'73.60
76.51

'^44.83
'47.78

'-1154
'89.10

'-3.77

.83
.19
847.7
2,778.5

.95
.14
854.4
2,778.0

1.528

1.523

1.518

1,023
73

875
121

730
181

45.11
24.74

64.40
-22.80

12.50
25.62

5.912

.78
.06
859.1
2,773.1
5.837

5.946

.45
.33
'-.10
.45
'-.12
'.41
'55
'.17
882.6
882.8 '880.6
880.7
'2,773.1 '2,763.3 '2,766.0 '2,768.5
'5.814

5.820

mil.$, NSA (L,LQ,U).

112 •
113 •
111
110 •

14
39

Credit flows:
Net change in business loans, bil.$, AR (L.L.L)
Net change in consumer installment credit. bil.$. AR
(1 | n
Percent change in business and consumer credit
outstanding, AR (L.L.L).
Funds raised by private nonfinancial borrowers in credit
markets. mil.$, AR (L.L.L).
Credit difficulties:
Current liabilities of business failures. mil.$, NSA
i\ i i\ +
Percent of consumer installment loans delinquent 30
days and over ( L , U U e 2 O t

396.874

369,424

'511512

48579.7 '4,118.4 '2,973.4 '6,634.4 '2,675.4 '5,496.4 '7,382.0 '3,062.6 '2522.1 '2,991.0 '2,552.3
1.77

2.31

2.01

2.16

NOTE.-Tfce following current high values were reached before March 1993: May 1991—BCM06 (2,865.6); v
1991-BO-93 (345); August 1991-80-94 (764); December 1991—BCI-62 index (113.0) and BCI-62 smoothed (3
October 1992—BCI-111 (3.0); and December 1992—BCI-51 (3.689.9), BCI-52 (4.391.8). BCI-53 (659.1). BCI




481,616

2.06

2.08

2.03

1.95

1.93

change (13.8), BO83 (89.5), and BCM23 (103.9).
See page O 6 for other footnotes.

1.86

1.77

'1,736.4 '2,141.3 '2,166.0

SURVEY OF CURRENT BUSINESS
Year

Series

May 1994 •

C-5

1994

1993

Series title and timing classification

no.

1993

Mar.

May

Apr.

June

Aug.

July

8tpt

Oct.

|

Nov.

Jan.

Dae.

Fab.

|

Mar.

|

Apr.

12. MONEY, CREDIT, INTEREST RATES, AND STOCK PRICES-Contlnued
66

Outstanding debt:
Consumer installment credit outstanding, mil.$

790,082

750,131

752,193

750,293

752,428

757,465

762,503

768,573

775,620

782,561

429,487

419,774

423,533

428,900

429,942

434,808

434,979

434,943

433,049

432,801 '430,991

790,082

'437,124 '433,388 '432,451 "432,137

796,458 '800,440 "807,865

371,343

363,441

365,115

368,471

370,002

375,158

376,605

376,574

373,963

374,072 '•373,476

'377,808 '373,933 '371,521 "370,933

14.13

14.18

14.02

13.94

14.00

14.12

14.04

14.13

14.16

14.20

14.24

14.48

'14.30

"14.35

3.02
3.02
7.35
6.46
5.60
7.46
6.00

3.07
2.97
7.39
6.65
5.64
7.57
6.00

2.96
2.89
7.48
6.64
5.76
7.56
6.00

3.00
2.96
7.52
6.68
5.73
7.59
6.00

3.04
3.10
7.48
6.55
5.63
7.52
6.00

3.06
3.05
7.35
6.34
5.57
7.51
6.00

3.03
3.05
7.04
6.18
5.45
7.02
6.00

3.09
2.96
6.88
5.94
5.29
7.03
6.00

2.99
3.04
6.88
5.90
5.25
7.08
6.00

3.02
3.12
7.22
625
5.47
7.51
6.00

2.96
3.08
7.28
627
5.35
7.52
6.00

3.05
3.02
7.16
6.24
5.31
7.05
6.00

325
321
727
6.44
5.40
7.59
6.00

3.34
3.52
7.64
6.90
5.91
8.57
6.06

3.56
3.74
7.95
7.32
623
8.63
6.45

451.41

450.16

443.08

445.25

448.06

447.29

454.13

459.24

463.90

462.89

465.95

472.99

471.58

463.81

447.23

76.649
74.8

11 628
7,411
76.8

10231
6,853
76.9

11 785
6,598
74.0

11 359
6!446
73.7

5,304
72.7

5,172
72.5

5,239
71.5

10247
7,738
'71.0

9343
'6,136
'69.7

"10064
'4,936
'69.5

"6,084
"69.6

950

982

912

899

884

"881

l\ft1 n 1 n\ ft

72
101 •
95 •

119 •
114 •
116*
115 •
117
118
109*

19*

Commercial and industrial loans outstanding, mil.$,
n n 1 n ( n\
Commercial and industrial loans outstanding, mil. 1987$
/I n 1 n 1 n\
Ratio, consumer installment credit outstanding to
personal income, percent (Lg.Lg.Lg).
Interest rates (percent, NSA):
Federal funds rate (L Lg Lg)*
Discount rate on new 91-day Treasury bills (C.Lg.Lgj* ...
Yield on new high-grade corporate bonds (Lg,Lg,lg)*
Yield on long-term Treasury bonds (C.Lg.Lgr
Yield on municipal bonds, 20-bond average (U.Lg.Lg)*...
Secondary market yields on FHA mortgages (LalgJ-g) .
Average prime rate charged by banks (Lg,Lg,Lg)*
Index of stock prices, 500 common stocks, 1941-43-10,
NSA (L,L,L)*.

13. NATIONAL DEFENSE
525
548
557
570
564*

Defense Deoartment orime contract awards mil $
Manufacturers' new orders, defense products, mil.$
Index of industrial production, defense and space
equipment, 1987-100.
Employment, defense products industries, thous
Federal Government purchases, national defense, bil.$, AR

9317
5,434
75.6

964

975

303.4

10169
5,788
74.9

9656
7,231
74.6

954

943

307 6

933

929

922

890

2992

301.9

'292.6

14. EXPORTS AND IMPORTS
602
604
606
612
614
616
618 •
620 •
622

Exports, excluding military aid shipments, mi!.$
Exports of domestic agricultural products, mil.$
Exports of nonelectrical machinery, mil.$
General imports, mil.$
Imports of petroleum and petroleum products, mil.$
Imports of automobiles and parts, mil.$
Merchandise exports, adjusted, excluding military, mii.$
Merchandise imports, adjusted, excluding military, mil.$
Balance on merchandise trade, mil.S1

464,980
41,807
99,711
580,511
49,926
80.672

38.894
3,357
8,371
49,347
4,813
7,048

456.766
589,244
-132,478

38,479
3,498
8,119

38,930
3,470
8.231
47,306
4,958
4,342
6.945
6,619
113,067
147,465
-34,398

37,639
3.537
8,0941
49,698
4,651!
6,819

37.109
3,405
8,169
47,534
4,149
6,090

38,050
3,350
8,513
48.097
3,745

38,885
3,540
8.322

49,506
3.759
6,861

6,691

40,092
3,565
8288
50,990
3,888

40236
3,458
8,655
49,914
3,613
6,880
M 20284
"153,067
"-32,783

42234
3,777
8,935

39,306
3,497
8,435

49,601
3,406
6,943

49.475
2.951
6212

111,935
147.907

-35.972

'38,144
3,118
8.363
'50,134
3,895
6,801

42.969
3,412
9.096
53.090
4,137
7,349

15. INTERNATIONAL COMPARISONS
47*
721 •
728 •
725*
726*
722*
727*
723*

320
738
735
736
732
737
733
19 •
748*
745*

746 •
742*
747 •
743 •
750*

758 •
755 4
756*
752 •
757*
753*

Industrial production indexes (1987-100):
United States
OECD. European countries2
japan
Federal Republic of Germany
France
United Kingdom
.

Italy
Canada
Consumer price indexes (1982-84-100):
United States, NSA
Percent change over 6-month span, AR
Japan, NSA
Percent change over 6-month span, AR
Federal Republic of Germany, NSA
Percent change over 6-month span, AR
France, NSA
Percent change over 6-month span, AR
United Kingdom, NSA
Percent change over 6-month span, AR
ItakNSA
Percent change over 6-month span, AR
Canada, NSA
Percent change over 6-month span, AR
Stock price indexes (1967-100, NSA):
United States*
japan*
Federal Republic of Germany*
France*
United Kingdom*
Canada*
Exchange rates:
Exchange value of U.S. dollar, index: March 1973-100.
NSA*.
Foreign currency per U.S. dollar (NSA):
japan (yen)*
Federal Republic of Germany (d. mark)*
France (franc)*
United Kingdom (pound)*
Italy (lira)*
Canada (dollar)*

110.9
107
111.7
107
107
105
104.4
1032

110.0
107
116.5
107
107
103
1052
'103.1

110.5
105
113.4
106
106
104
100.7
'102.1

110.0
107
110.6
107
106
105
105.1
'102.1

110.4
106
112.5
107
106
104
102.8
103.7

110.9
107
111.9
106
107
106
105.1
102.7

111.1
107
110.9
108
107
106
103.4
103.5

111.3
107
113.3
108
107
106
103.1
104.4

111.9
108
107.4
107
106
107
105.3
104.4

112.8
108
109.8
107
107
107
106.9
105.1

114.0
107
108.0
107
106
106
"102.5
104.6

'114.6
"106
109.1
105
"106
107

'115.1

'115.7

"1092
107

"106

105.1

'104.6

"105.5

144.5
2.6
118.5
1.1
125.6
3.5
143.5
1.9
165.3
1.9
186.4
42
147.9
1.1

143.6
2.8
117.7
1.0
124.7
4.6
143.1

144.0
2.7
118.5
2.6
125.1
3.8
1432
2.1
1652
2.7
184.7
4.6
147.3
1.0

1442
2.5
118.6
2.7
125.5
32
143.5
1.5
165.8
2.3
185.4
5.1
147.6
1.4

144.4

144.4
2.2
118.8
1.0
126.0
2.7
143.5
1.5
165.3
2.3
187.1
4.7
148.0

144.8
2.4
1192
1.0
126.0
2.9
143.5
1.7
166.0
2.0
1872
4.5
148.1
22

145.1
2.6
119.3
.5
126.1
2.7
144.0
1.8
166.7
2.6
187.5
3.8
1482

145.7
2.4
119.2
-2
126.4
2.9
144.3
1.5
166.6
2.4
188.6
3.8
148.4
1.5

145.8
2.4
118.5
-.5
126.7
3.4
144.4
1.8
166.4
2.4
189.5
3.4
149.1

145.8

1462
2.5
118.7

146.7

1472

"Ti8.7

119.3
128.7

129.1

144.9

1452

""iSS

491.0
1,380.4
3122

489.7
1.233.8
945.8
1,351.0
534.4
407.1

494.0
1.509.9
325.3
1,021.0
1.404.6
634.6
467.5

499.6
1.504.5

969.7

484.3
1,471.1
286.1
902.3
1,324.5
575.4
437.4

487.4
1,462.1

1,373.6
575.2
441.1

482.0
1,409.7
293.6
•938.8
1,324.5
544.0
428.2

93.18

93.65

90.62

9024

91.81

94.32

111.08
1.6545
5.6669
.6662
1,573.41
12902

117.02
1.6466
5.5944

112.41
1.5964
5.3984
.6474
1.536.14
12621

110.34
1.6071
5.4180

107.41
1.6547
5.5700
.6630
1,505.05
12789

103.77
1.6944
5.9298
.6705
1.603.75
1.3060

2.6
163.7
.7
184.0
4.1
147.3
.3

296.8

.6841
1.591.35
12471

.6461
1,475.66
12698

2.2
118.5

2.0
125.7
2.9
143.4
1.3
165.7
2.3
186.4
5.0
147.6
2.1

293.3
907.8
1.339.0
559.7
448.2

1.9
486.6
1,468.4
311.6

954.3
1,323.9

579.9
448.3

107.69
1.7157
5.8464
.6687
1.586.02
12820

2.6

504.6
1,4892
337.9
1.0472
1,438.9
617.1

-.9

2.9
118.6
.7

126.9

128*3

3.5
144.3
1.7
166.7
22
189.5
3.5
148.8
-1.6

3.7
144.5
1.8
166.0
2.8
190.6
3.4
148.8
-1.5

506.9
1.306.9
362.9
1.111.7
1,507.5

"116.0

"108

147.4

"'i67.6

167.4

"19T4
""i47J

197.8

"i'922

147.6

"i47"6

514.5
513.0
504.5
486.5
1,374.5
1,444.0 "1,467.7 "1.452.0
374.1
372.7
"374.0
"388.6
"1.146.0 "1,141.6 "1,096.0 "1.072.3
1,5822 "1.526.4 "1.502.7
1.582.8
646.5
"696.5 "804.0
514.7
4892
4822

460.9

1,380°.9
345.9
1.023.6
1,429.9
575.1
472.3

92.07

9329

95.47

95.73

96.54

95.79

94.35

94.39

105.57
1.6219
5.6724
.6558
1,569.10
1.3215

107.02
1.6405
5.7541
.6656
1,600.93
1.3263

107.88
1.7005
5.9069
.6753
1.666.31
1.3174

109.91
1.7105
5.8477
.6706
1,687.17
1.3308

111.44
1.7426
5.9207
.6701
1.699.45
1.3173

106.30
1.7355
5.8955
.6760
1.685.96
1.3424

105.10
1.6909
5.7647
.6703
1.666.63
1.3644

103.48
1.6984
5.8170
.6746
1,626.07
1.3830

261.1
226.5

'262.9
'229.9

'266.3
229.6

266.1
'232.6

'266.8
'234.0

265.9
'236.9

"267.7
"2372

322.8
1,006.6
1,412.4
6332
450.9

622.9
488.3

16. ALTERNATIVE COMPOSITE INDEXES
990 •
991 •

CIBCR Iong4eading composite index, 1967-100* ..
CIBCR short-leading composite index, 1967-1004 .

See footnotes on page C-6.




259.0
224.01

'258.11
222.4

'255.3
221.9

256.3
219.5

'258.1
223.1

'258.8
222.2

258.9
223.6

'258.9
2262

C-6 • May 1994

SURVEY OF CURRENT BUSINESS

FOOTNOTES FOR PAGES C-l THROUGH C-5
a
AR
c
O
e

Anticipated.
Annual rate.
Corrected.
Copyrighted.
Estimated.
Later data listed in notes.

NSA
P
r
•
§
0

Not seasonally adjusted.
Preliminary.
Revised.
Graph included for this series.
Major revision—see notes.
End of period.

L,C,Lg,U Cyclical indicator series are classified as L (leading), C (coincident), Lg (lagging), or U (unclassified) at reference cycle peaks, troughs, and overall. Series classifications
are shown in parentheses following the series titles.
t Cyclical indicator series denoted by t are inverted (i.e., the sign is reversed) for cyclical analysis calculations, including classifications, contributions to composite indexes,
and current high values,
t Cyclical indicator series denoted by f are smoothed by an autoregressive-moving-average filter developed by Statistics Canada.
For information on composite indexes and other concepts used in this section, see "Business Cycle Indicators: Upcoming Revision of the Composite Indexes" in the October
1993 SURVEY OF CURRENT BUSINESS and The Composite Index of Coincident Indicators and Alternative Coincident Indexes" in the June 1992 SURVEY.
References to series in this section use the prefix "BCI-" followed by the series number. Unless otherwise noted, series are seasonally adjusted.
Percent change data are centered within the spans: 1-month changes are placed in the ending month, 3-month changes are placed in the 3d month, 6-month changes are
placed in the 4th month, 1-quarter changes are placed in the ending quarter, and 4-quarter changes are placed in the 3d quarter.
Diffusion indexes are defined as the percent of components rising plus one-half of the percent of components unchanged. Diffusion index data are centered within the spans:
1-month indexes are placed in the ending month and 6-month indexes are placed in the 4th month.
High values reached by cyclical indicators in the expansion following the last reference cycle trough (March 1991) are shown in boldface type; high values reached prior to the
period shown in the table are listed at the bottom of each page. For inverted series, low values are indicated as highs.
Sources for series in this section are shown on pages C-30 through C-32 in the April 1994 SURVEY.

PageC-1
Major data revision: Index of new private housing units authorized by local building permits (BCI29)—see note for page C-3.
* Preliminary May 1994 values: BCI-32 * 60.7, BCI-19 . 450.90, and BCI-109 - 6.94.
1. Data include initial claims made under the July 1992 Emergency Unemployment Compensation
amendments. Data exclude Puerto Rico, which is included in figures published by the source agency.
2. Copyrighted. This series may not be reproduced without written permission from the University
of Michigan, Survey Research Center, P.O. Box 1248, Ann Arbor, Ml 48106-1248.
3. Excludes BCI-57, for which data are not available.
4. Excludes BCI-77 and BCI-95, f a which data are not available.
5. Data beginning January 1994 are based on the revised Current Population Survey and are not
directly comparable with data for earlier periods.

Page C-2
'PreliminaryMay 1994values: BCI-32-60.7;anticipated2dquarter 1994values: BCI-61 -624.99
and BCI-100-601.46.
1. Data beginning January 1994 are based on the revised Current Population Survey and are not
directly comparable with data for earlier periods.
2. Data include initial claims made under the July 1992 Emergency Unemployment Compensation
amendments. Data exclude Puerto Rico, which is included in figures published by the source agency.
3. Data exclude Puerto Rico, which is included in figures published by the source agency.
4. Copyrighted. This series may not be reproduced without written permission from McGraw-Hill
Information Systems Company, F.W. Dodge Division, Paramount Plaza, 13th Floor, 1633 Broadway,
New York, NY 10019.

Page C-3
Major data revision: Index of new private housing units authorized by local building permits (BCI29) has been revised from 1992 forwardtoreflect annual updating of basic data and computation of

new seasonal adjustment factors. For further information, contact the U.S. Department of Commerce,
Bureau of the Census, Construction Statistics Division, Washington, DC 20233.
* Preliminary May 1994 value: BCI-23 * 288.0.
1. Copyrighted. This series may not be reproduced without written permission from Knight-RkWer
Financial Publishing, 30 South Wacker Drive, Suite 1820, Chicago, IL 60606.

PageC-4
* Preliminary May 1994 values: BCI-122 - 87.6, BCI-123 « 93.5, and BCI-85 - -0.14.
1. Copyrighted. This series may not be reproduced without written permission from the University
of Michigan, Survey Research Center, P.O. Box 1248, Ann Arbor, Ml 48106-1248.
2. Copyrighted This series may not be reproduced without written permission from the American
Bankers Association, 1120 Connecticut Avenue, NW, Washington, DC 20036.

Page C-5
* Preliminary May 1994 values: BCI-119 « 3.83, BCI-114 - 4.18, BCI-116 - 8.13, BCI-115 « 7.47,
BCM17 « 6.21, BCI-109 « 6.94, BCI-19 (1941-43-10) « 450.90, BCI-19 (1967-100)« 490.5, BCI-748
-1,488.4, BCI-745 - 390.1, BCI-746 - 1,076.0, BCI-742 - 1,485.0, BCI-747 - 808.2, BCI-743 - 488.9,
BCI-750 « 92.80, BCI-758 « 103.70, BCI-755 «1.6571, BCI-756 . 5.6753, BCI-752 - 0.6650, BCI-757
- 1,594.62, and BCI-753 - 1.3807.
1. Balance of payments basis: Excludes transfers under military grants and Department of Defense
sales contracts (exports) and Department of Defense purchases (imports).
2. Organisation for Economic Co-operation and Development
3. This index is the weighted-average exchange value of the U.S. dollar against the currencies of
the other G-10 countries plus Switzerland. Each country is weighted by its 1972-76 global trade. For a
description of this index, see the August 1978 Federal Reserve Bulletin (p. 700).
4. This index is compiled by the Center for International Business Cycle Research (CIBCR), Graduate
School of Business, Columbia University, New York, NY 10027.

Notes for Pages C-7 Through C-27
The following notes explain general features of the charts that appear in this section:
• Business cycle peaks (P) and troughs (T), as designated by the National Bureau of Economic
Research, Inc., are indfcated at thetopof each chart The shaded areas represent recessions.
• For each series classified as a cyclical indicator, the timing classifications at peaks, at
troughs, and overall are shown in a box adjacent to the title. (L «leading, C - coincident, Lg lagging, U * unclassified.) A complete list of series titles and sources is shown on pages C-30
through On32 in the April 1994 SURVEY.
• Arithmetic scales are designated "Scale A." On the same arithmetic scale, equal vertical
distances represent equal differences in data. (For example, the vertical distance from 10to15
is the same as the distance from 100 to 105.)
• Logarithmic (log) scales are designated L-1, L-2, or L-3toindicate their relative size. On
log scales of the same size, equal vertical distances represent equal percentage changes. (For




example, the vertical distance from 10 to 15 is the same as the distance from 100to150.)
Compared with an L-1 scale, the same percentage change covers half the distance on an L-2
scale and one-third the distance on an L-3 scale.
• Data are monthly unless otherwise indicated. Quarterly data are indicated by a V following
the series titie.
• Some series include a centered moving average, which is shown as a heavy line
superimposed on the actual monthly data.
• Parallel lines across a plotted series incfcate a missing data value, change in definition, or
other significant break in continuity.
• The box near the end of each plotted series indicates the latest data month (Arabic numeral)
or quarter (Roman numeral) shown or, for series computed over a span of time (diffusion indexes
and rates of change), the latest data period used in computing the series.

May 1994 •

SURVEY OF CURRENT BUSINESS

C-7

CYCLICAL INDICATORS
Composite Indexes
Aug. Apr.
P T

Apr. Feb.
P T

Jan. July July Nov.
PT
P
T

Dec. Nov.
P T

July Mar.
P T

110-

100 90-

80
120
110
100

90

920. (ompo site inc ex of 4 coincident indicators
0
(series H , 4 7 , 5 1 , *

80

1

70

60-

50

I ig indicators
101,- 09,,12))

110

"V

100

7

+21

+15

120 110 100-

940. R itio, cc ndde it index to laj ging index . 15

90

-11
~&

-12

80706050-

11 Ml ill
11,., ill
ill
n
11II
In,
1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 931994
NOTE—The numbers and arrows indicate length of leads (-) and lags (+) in months from business
cycle turning dates. Current data for these series are shown on page C-1.




C-8

• May 1994

SURVEY OF CURRENT BUSINESS

CYCLICAL INDICATORS
Composite Indexes: Rates of Change
Aug. Apr.
P T

Apr. Feb.
p T

Jan. July July Nov.
PT
P T

July Mar.
PT

Percent Change over 3-month span;

Compost* index cf 4

GeriposiU indwc of 7 lagging

Composite Indexes: Diffusion
Percent <tf components rising over fMnonth span

torconponeits

1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 931994
NOTE.—Current data for these series are shown on page C-1.




SURVEY OF CURRENT BUSINESS

May 1994 •

CYCLICAL INDICATORS
Composite Indexes: Leading Index Components
Aug. Apr.
P T

Apr. Feb.
P T

Nov. Mar.
P
T

Jan. July July Nov.
PT
P
T

July Mar.
P T

1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 931994
NOTE.—Current data for these series are shown on page C-1.




C-9

C-10

May 1994

•

SURVEY OF CURRENT BUSINESS

CYCLICAL INDICATORS
Composite Indexes: Leading Index Components—Continued
Aug. Apr.

P T

Apr.

Feb.

P

Jan. July July Nov.

T

PT

P

July Mar.

T

P T

^ ew pit ate ho JSiKunits a ith

1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 931994
1. This series is smoothed by an autoregressive-moving-average filter developed by Statistics Canada.
2. This is a copyrighted series used by permission; it may not be reproduced without written permission
from the University of Michigan, Survey Research Center.




NOTE.—Current data lor these series are shown on page C-1.

SURVEY OF CURRENT BUSINESS

May 1994 •

CYCLICAL INDICATORS
Composite Indexes: Coincident Index Components
Aug. Apr.
P T

Apr. Feb.
P T

Dec. Nov.
P T

Jan. July July Nov.
PT
P
T

July Mar.
P T

1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 7980 818283848586 87 888990 9192 931994
NOTE.—Current data for these series are shown on page C-1.




C-ll

C-12

•

May 1994

SURVEY OF CURRENT BUSINESS

CYCLICAL INDICATORS
Composite Indexes: Lagging Index Components
Aug. Apr.
PT

Apr. Feb.
P T

Dec. Nov.
P T

Jan. July July Nov.
PT
P T

Nov. Mar.
P T

Avera je dur ition

July Mar.
PT

unttnploynu nt (we sks—i

cturln 3 antfi rade ir

it of 0 Jtput, narwf

ann. nte, p i ser t)

Jomm srclal 1 nd ind 1st

cred t outs' andta

w t \

1 i n £ i &11 1 1 1 1 1 111 1111

1 11

111 m i n i

11 \ M i f t t

1 1 < 11 1 1 i i i t t i f i i i l i t i

n i l i t i

111U1

1957 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 931994
1. This series is smoothed by an autrxep/essive-moving-average filter developed by Statistics Canada.
NOTE.—Current data for these series are shown on page C-1.




May 1994

SURVEY OF CURRENT BUSINESS

•

CYCLICAL INDICATORS
Employment and Unemployment
Jan. July July Nov.
P T
P
T

JulyMar.
P T

Averagi 1 weekly bwrtime

43. Civil an unemployme

1966 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87
NOTE.—Current data for these series are shown on page C-2.




90 91 92

93 1994

C-13

C-14

•

May 1994

SURVEY OF CURRENT BUSINESS

CYCLICAL INDICATORS
Output, Production, and Capacity Utilization
Dec. Nov.
P T

di rable mi mfactur»(inde>

ratLmanuficturlng jpercent)
•

1966 6 7 6 8 6 9 7 0

7 1 7 2 7 3

74 75 76 7 7 7 8 7 9 8 0

NoTE.-Currant data for these series are shown on page C-2.




8 1 8 2 8 3 8 4 8 5 8 6 8 7

89 90 91 92 93 1994

<

May 1994 •

SURVEY OF CURRENT BUSINESS

C-15

CYCLICAL INDICATORS
Sales and Orders
Dec. Nov.
P T
180
160
140
120
100
80

r^

140
120
100

9?

Wages and Consumer Attitudes
rir
53. Wiflffeind salaries n 1987
caMMcticn (ann. r ite, bll.
700

1966 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 01 92 93 1994
NOTE.—Currant data lor these series are shown on pages C-2 and C-4.




n

C-16

•

SURVEY OF CURRENT BUSINESS

May 1994

CYCLICAL INDICATORS
Fixed Capital Investment
Dec. Nov.
P T

Jan. July July Nov
P T
P
T

HIS ness formatldMaln

of new b jslness

or defense capital

ctlon contracts awa
mil.

,,,!,,, ,,,!,,, m l

I,,, i , , l ,

I,,, , i , l , , .

and Im lustrlal
mbvlng av |.)

,,,!,.. i i . l ,

I

I , , , ,,,!,,, ,,,!,,

1966 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994
1. This is a copyrighted series used by permission; it may not be reproduced without written
permission from McGraw-Hill Information Systems Company, F.W. Dodge Division.




NOTE.—Current data lor these series are shown on page C-2.

SURVEY OF CURRENT BUSINESS

May 1994 •

CYCLICAL INDICATORS
Fixed Capital Investment—Continued

10O.HH>larit and equipment
ollars, Q1 (pnn.

1966 6 7 6 8 6 9

7 0 7 1 7 2 7 3

7 4 7 5 7 6 7 7 7 8 7 9 8 0

1. Dotted line represents anticipated expenditures.
NOTE.—Current data for these series are shown on pages C-2 and C-3.




, , , , , , , , , , , , , , ! , , ,
8 1 8 2 8 3 8 4 8 5 8 6 8 7 8 8 8 9 9 0

9 1 9 2 9 3

1994

C-17

C-18

•

SURVEY OF CURRENT BUSINESS

May 1994

CYCLICAL INDICATORS
Fixed Capital Investment—Continued

Inventories and Inventory Investment

,, ,l

I,,,

...I

1066 6 7 6 8 6 9 7 0

I,,,

7 1 7 2 7 3

,.,l

,,,!,,,

, , , I, , . . . . I , , ,

74 75 76 7 7 7 8 7 9 8 0

N011.—Current data lor these series are shown on page C-3.




I,,,

81

,,

8 2 8 3 8 4 8 5 8 6 8 7

90

91

92

93 1994

SURVEY OF CURRENT BUSINESS

May 1994 *

CYCLICAL INDICATORS
Prices and Profits
Dec. Nov.
P T

7 7 7 8 7 9 8 0
7 1 7 2 7 3
IVA Inventory valuation adjustment. CCAdj Capital consumption adjustment
NOTE.—Current data for these series are shown on pages C-3 and C-4.

1966 6 7 6 8 6 9 7 0




8 1 8 2 8 3 8 4 8 5 8 6 8 7 8 8 8 9 9 0

9 1 9 2 9 3 1994

1. From June 1981 forward, this is a copyrighted series used by permission; it may not be
reproduced without written permission from Knight-Ridder Rnancial Pubishing.

C-19

C-20

•

SURVEY OF CURRENT BUSINESS

May 1994

CYCLICAL INDICATORS
Money, Credit, and Interest Rates
Dec. Nov.
P T

Faads (alsed N private tenfinantial borrdwers
credit market i, Q (and. Ate, bflt del.)

,i.,,

, ..i...

1966 6 7 6 8 6 9

1 t 1 I 1 1 1

7 0 7 1 7 2 7 3

. ..I,, .

7 4 7576 7 7 787 9 8 0

NOTE.—Current data for these series are shown on page C-4.




in

I 1 .1

8 1 8 2 8 3 8 4 8 5 8 6 8 7 8 8 8 9 9 0

9 1 9 2 9 3 1994

May 1994 *

SURVEY OF CURRENT BUSINESS

CYCLICAL INDICATORS
Money, Credit, and Interest Rates—Continued

\ Alternative Composite Indexes

jomposl e Index 11967=10 )

1966 6 7 6 8 6 9 7 0

7 1 7 2 7 3

74 75 76 7 7 7 8 7 9 8 0

CIBCR Center lor Internationa) Business Cycle Research (Columbia University).
NOTE.—Current data for these series are shown on page C-5.




8 1 8 2 8 3 8 4 8 5 8 6 8 7

89

90 91 92

93 1994

C-21

C-22

•

May 1994

SURVEY OF CURRENT BUSINESS

OTHER IMPORTANT ECONOMIC MEASURES
Prices
Jan. July July Nov.
P T
P
T

July Mar.
P T

Percent charfn at annual rate

331c. C rude materials fgfpKther ikrocessir g

1966 6 7 6 8 6 9

70 7 1 7 2 7 3

74 75 76 7 7 7 8 7 9 8 0

NOTE.—Current data for these series are shown on page C-3.




8 1 8 2 8 3 8 4 8 5 8 6 8 7 8 8 8 9 9 0

9 1 9 2 9 3

1994

SURVEY OF CURRENT BUSINESS

May 1994 *

OTHER IMPORTANT ECONOMIC MEASURES
Other Measures
Dec. Nov.
P T

29t. Govern nent sur dus or
ann. rate, bll. &

370c.OWielr output lerhou

r ess sect >r (ann

1-aut tersDar

imp trts, adji sted, exfludln
rate, bll. <ol.)

dlse ex JOrts, ad
mllltdry,Q(an

1966 6 7 6 8 6 9 7 0

7 1 7 2 7 3

74 7 5 7 6 7 7 7 8 7 9 8 0

NoTE.-Currenl data lor these series are shown on pages C-4 and C-5.




8 1 8 2 8 3 8 4 8 5 8 6 8 7

89 90 91 92 93 1994

C-23

C-24

•

SURVEY OF CURRENT BUSINESS

May 1994

OTHER IMPORTANT ECONOMIC MEASURES
International Industrial Production
Jan. July July
P T
P

Nov
T

14012010080120100-

140120100-

14012010080120100-

60 J
120-i
100H

120100-

1201008060-

,, , 1

I,,, .,.!,,,

1966 6 7 6 8 6 9 7 0

,,,!,,,

7 1 7 2 7 3

...I

NOTE.—Current data for these series are shown on page O5.




I , ,, , . , 1

74 75 76 7 7 7 8 7 9 8 0

,

,. I

I

8 1 8 2 8 3 8 4 8 5 8 6 8 7

I

,1
89

90

91

92

93 1994

^

SURVEY OF CURRENT BUSINESS

May 1994 •

OTHER IMPORTANT ECONOMIC MEASURES
International Consumer Prices

I Percent change over 6-month afpi, annual rate

1966 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 8 4 8 5 8 6 8 7 8 8 8 9 9 0
NOTE.—Current data for these series are shown on page C-5.




91 9 2 9 3 1994

C-25

C-26

•

May 1994

SURVEY OF CURRENT BUSINESS

OTHER IMPORTANT ECONOMIC MEASURES
International Stock Prices
Dec. Nov.
P T

• 3

1966 6 7 6 8 6 9 7 0

717273

74 75

NOTE.—Current data for these series are shown on page C-5.




7 6 7 7 7 8 7 9 8 0

81

828384

8687888990

91 9 2 9 3 1994

SURVEY OF CURRENT BUSINESS

May 1QQ4 •

OTHER IMPORTANT ECONOMIC MEASURES
International Exchange Rates
Jan. July July Nov.
P T
P
T

July Mar.
P T

1966 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 1994
NOTE.—Current data for these series are shown on page C-5.




C-27

U N I T E D STATES

tfT OF e f t

GOVERNMENT PRINTING OFFICE

SECOND CLASS MAIL

SUPERINTENDENT OF DOCUMENTS
WASHINGTON, DC

i

20402

•

X

OFFICIAL BUSINESS
PENALTY FOR PRIVATE USE, $ 3 0 0

s

-k

POSTAGE AND FEES PAID
U.S. GOVERNMENT PRINTING OFFICE

/

USPS PUB. N O . 337-790

Schedule of Upcoming BEA News Releases
Subject

Release
Date

Summary of International Transactions, 1st quarter 1994
U.S. International Trade in Goods and Services, April 1994
Gross Domestic Product, 1st quarter 1994 (final)
Corporate Profits, 1st quarter 1994 (revised)
Personal Income and Outlays, May 1994

June
* June
June
June
June

Composite Indexes of Leading, Coincident, and Lagging Indicators, May 1994
U.S. International Trade in Goods and Services, May 1994
State Personal Income, 1st quarter 1994
Gross Domestic Product, 2nd quarter 1994 (advance)

July 1
* July 19
July 20
July 29

Personal Income and Outlays, June 1994
Composite Indexes of Leading, Coincident, and Lagging Indicators, June 1994
Gross State Product by Industry, 1991
U.S. International Trade in Goods and Services, June 1994
State Per Capita Personal Income, 1993 (revised)
Gross Domestic Product, 2nd quarter 1994 (preliminary)
Corporate Profits, 2nd quarter 1994 (preliminary)
Personal Income and Outlays, July 1994
Composite Indexes of Leading, Coincident, and Lagging Indicators, July 1994

Aug.
Aug.
Aug.
* Aug.
Aug.
Aug.
Aug.
Aug.
Aug.

1
3
4
18
23
26
26
29
31

Summary of International Transactions, 2d quarter 1994
U.S. International Trade in Goods and Services, July 1994
Gross Domestic Product, 2nd quarter 1994 (final)
Corporate Profits, 2nd quarter 1994 (revised)

Sept.
* Sept.
Sept.
Sept.

13
20
29
29

Personal Income and Outlays, August 1994




* Joint release by the Bureau of the Census and BEA.
For information, call (202) 606-9900, Bureau of Economic Analysis, U.S. Department of Commerce.

21
21
29
29
30

Sept. 30